| General Motors and Deloitte Touche in $303 million securities class action |
Oct 5th, 2013 |
A securities class action brought against General Motors (GM) by German’s DekaBank has led to a cash settlement of $277 million. In one of the biggest shareholder recoveries of 2008, the settlement will be paid to shareholders following an alleged misstatement of the auto company’s financials dating back to 2000. GM’s outside auditor, Deloitte & Touche, is ...
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| 15 sedans for $20000 |
Oct 5th, 2013 |
According to the automotive research website TrueCar.com, the average price of a new car was $31,125 in June, which was about $5,000 higher than the pre-Great Recession price, despite stagnant incomes in the past five years. That means many Americans are extending themselves to buy a new vehicle. Then there are shoppers who set the bar at $20,000 for a new or used car, so they don't have to ...
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| Auto GP Red flag robs Karthikeyan off fifth straight pole |
Oct 5th, 2013 |
Brno (Czech Republic), Oct 4 : An untimely red flag thwarted Narain Karthikeyan's title charge after he qualified third at the season finale of the 2013 Auto GP World Series at the Brno circuit here ...
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| Consumer Federation of America Leaders Confront Flawed Auto Rule Analysis Poll |
Oct 5th, 2013 |
Dramatic Shift To Fuel Efficient Vehicles Began In 2005 New Auto Sales Analysis Reveals Market Reality Missed by Automakers & NHTSA Resulting Rule and Enviro Impact Analysis Flawed New Consumer Poll Shows Greater Demand for Fuel Economy than Available WASHINGTON - August 4 - The Consumer Federation of America (CFA) released an analysis of the impact of fuel economy on auto sales ...
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| 20 ways to save gas this summer |
Oct 5th, 2013 |
How to Fix Up Your Car's Interior on the Cheap For every penny that gas prices go up, Americans spend $1.25 billion more per year at the pump. No one wants to waste that kind of money. So unless you're hauling the whole ball ...
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| 5 DIY Emergency Roadside Repairs |
Oct 5th, 2013 |
Better advice is to LOOK at the car once in a while. Yes, actually open the hood, get a flashlight and peer into the beast and see what's looking like it's going to need help.You can generally see radiator hoses that are worn out, low and dirty fluids, leaky things, and more. And walk around the car to see the tires (low pressure should be ...
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| 8214 new private cars registered in Sept |
Oct 5th, 2013 |
First registrations of passenger cars. Source: Statistics Finland A total of 13,306 new motor vehicles were registered in September 2013, of which 9,418 were automobiles, according to the data of Vehicular and Driver Data Register of the Finnish Transport Safety Agency. The data also showed that the number of new passenger cars registered in September was 8,214 which was 2.6 per cent up from ...
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| 4 cars totalled 6 people injured in wake of Phoenix accident |
Oct 5th, 2013 |
Four cars were involved in an absolute mess of a car accident in Phoenix, Arizona recently. The crash, which is still under investigation, involved two minivans and two trucks; and no blame has yet been assigned. One person in one of the trucks had to be extracted from the vehicle while serious injuries. He and another person involved in the wreck were taken to a local hospital in critical ...
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| Via Motors signs $20M deal with DOE |
Oct 5th, 2013 |
Bob Lutz sits on the board of Via Motors, which just secured a $20-million deal to produce full-size electric pickups to 50 fleets around the ...
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| Democratic challenger Ro Khanna dings Mike Honda for accepting pay during shutdown |
Oct 5th, 2013 |
The federal government's shutdown, or at least whether members of Congress should accept their pay while it lasts, has become an issue in the Democrat-on-Democrat battle for the South Bay's 17th Congressional District seat.Former Obama administration official Ro Khanna, of Fremont, says if he were a congressman, he wouldn't accept his paycheck during the shutdown. But Rep. Mike ...
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