| US Treasury to sell its last 7.3 pct stake in General Motors |
Sep 19th, 2013 |
(MENAFN) The US Treasury plans to exit its holdings in General Motors Co. as it kept only 7.3 percent of its stake after the sale of another pack of its shares, according to The Peninsula Qatar.The US Treasury made about USD3.82 billion profit after the sale of 110 million of its shares in five months in GM.Treasury Assistant Secretary Timothy Massad said: "We remain on track to complete our ...
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| Auto stocks in the fast lane |
Sep 19th, 2013 |
Is it possible that U.S. auto stocks are hot? Only five years ago the industry was left for dead amid the Great Recession. General Motors and Chrysler filed for bankruptcy. Ford mortgaged its logo and undertook a difficult overhaul. Annual U.S. car sales plunged to 10.4 million units in 2009, a number not seen since World War ...
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| Swastikas scrawled on 14 cars on NYs Long Island |
Sep 19th, 2013 |
Police on Long Island are investigating after 14 vehicles were found with swastikas scrawled over their windows. All the graffiti was found in Bethpage between 9 p.m. Tuesday and 6 a.m. Wednesday. It was drawn in blue chalk. Police are investigating the incidents as a hate crime. They're asking anyone with information to call Nassau County Crime Stoppers at 800 ...
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| Video Cher I was the first person ever to do auto-tune |
Sep 19th, 2013 |
For the first time in 12 years, Cher will release a new album. CBS News' Edward Lawrence talks with the superstar about it and what makes her ...
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| Road Ministry seeks comments suggestions on quadricycle |
Sep 19th, 2013 |
The Road Ministry decided to amend the Central Motor Vehicles Rules (CMVR) to include quadricycle as an additional category vehicle to be manufactured and registered in ...
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| Fiat Chrysler India to launch nine models |
Sep 19th, 2013 |
Irony that you are keeping your domestic money idle and going for imported money. And the whole world knows that India is a land of savers, Chaudhuri, SBI ...
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| Harper and Co.’s auto policy running on fumes |
Sep 19th, 2013 |
When Ottawa and Ontario this month unloaded some of their shares in Government Motors - the auto maker also known as General Motors - federal Finance Minister Jim Flaherty touted the $1.1-billion (U.S.) stock sale as another milestone in the successful state rescues of GM and Chrysler.It didn't matter that the $37-a-share selling price was far below the price needed for Ottawa and Ontario to ...
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| Self-driving cars have we truly thought this through |
Sep 19th, 2013 |
"Mercedes-Benz announced Monday that it had successfully driven an autonomous S-Class sedan 62 miles on German city streets." - Los Angeles Times About 25 years ago, I used to rent RVs on occasion for a race team I ran. There was an urban myth - presumably - circulating that a rental driver in Quebec had set his rig on cruise control, and then headed to the back galley to make a ...
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| 2014 Honda CR-V Whats Changed |
Sep 19th, 2013 |
2013 After introducing a redesigned CR-V crossover for 2013, Honda makes no changes for the current generation's second year. And there really was no reason to make any alterations to what seems to be a winning formula. The new CR-V was launched without quality glitches, sales are up nearly 9% this year and it remains the best-selling SUV (and among the 10 best-selling vehicles of all ...
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| 2014 Jeep Patriot Car Seat Check |
Sep 19th, 2013 |
can easily handle going off-road, but can it handle child-safety seats? Well, sort of. This compact SUV easily handled our forward-facing car seats, but it didn't fare as well with the rear-facing ...
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