| U.S. Auto Sales Were Up In September No Down It Gets Complicated |
Sep 30th, 2013 |
GM's Tonawanda Engine Plant; GM photo The short version is, forecasters predicted U.S. auto sales in September were a bit slower than they have been so far this year - ...
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| Europe’s biggest loss-making cars revealed |
Sep 30th, 2013 |
Smart Fortwo lost Mercedes $5 billion and the Bugatti Veyron lost the VW Group $6.7 million per car, according to new research on Europe's biggest loss-making vehicles. Automotive analyst Sanford C Bernstein has released a compilation of the top 10 vehicles since 1997 that have been multi-billion-dollar disasters. Ambitious technological advances are a common denominator for a number of ...
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| 2014 Mini Cooper engine details revealed |
Sep 30th, 2013 |
Group has unveiled its all-new three- and four-cylinder engine families, transmissions and front-wheel-drive architecture that will feature in its next generation of small cars, including ...
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| Toyota Recalls Vehicles For 8th Time This Year |
Sep 30th, 2013 |
On Thursday, September 26, 2013, Toyota Motor Sales, U.S.A., Inc. announced that they are recalling approximately 694,000 vehicles. The 2004-2005 and 2007-2009 models of Sienna minivans are being recalled due to a shift lever problem, mostly throughout North America. 615,000 vehicles are located in the United States, while 56,000 and 23,000 of them are located in Canada and Mexico, respectively. ...
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| Nissan Leaf becomes Japan’s first road-legal autonomous vehicle |
Sep 30th, 2013 |
Nissan president and CEO Carlos Ghosn took delivery of the country’s first licence plate for a vehicle equipped with advanced driver assist systems, which allow ...
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| Volkswagen XL Sport Ducati-powered racing concept revealed |
Sep 30th, 2013 |
Volkswagen XL1 -based concept during a lecture at the Vienna University of Technology, where the Austrian is associated with the faculty of Mechanical and Industrial Engineering. Dubbed Project XL Sport, the concept is not only visually different from the diesel plug-in hybrid unveiled at this year’s Geneva motor show, ...
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| General Motors and Deloitte Touche in $303 million securities class action |
Sep 30th, 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 |
Sep 30th, 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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| Ford boss Mulally “focused” despite reports of Microsoft switch |
Sep 30th, 2013 |
is ';absolutely focused'; on his role at the US car maker despite reports anointing him as the frontrunner to take the reins of technology ...
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| Nissan Mazda recall cars |
Sep 30th, 2013 |
warned that doors in up to 98,000 Mazda6 sedans could open while the cars are in motion. The company blamed door latching screws used in model years 2009 through 2013. The company said dealers would apply a thread-locking adhesive, replace any missing screws and tighten ...
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