| US Treasury further dilutes stake in GM |
Sep 18th, 2013 |
WASHINGTON - The U.S. Treasury Department has brought down its stake in automobile major General Motors to 7.3 percent through another round of stake sale ahead of totally selling out its holding in the company by March 2014. In an investment transaction report Tuesday, the Treasury Department revealed that its stake in GM has been diluted more than previously announced. The report comes ...
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| Bosch relocating automotive plant outside Bangalore |
Sep 18th, 2013 |
German automotive major Bosch is setting up a new manufacturing facility at Bidadi, nere here, to relocate its plant from the city's southern suburb Adugodi by 2015. "We are investing up front Rs.250 crore to build the new manufacturing facility in 97 acres of land in the Bidadi industrial area to relocate from the city and expand it for business growth," Bosch India Managing Director Steffen ...
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| Navy Yard Shooting Revives Violent Game Debate But Doesnt Threaten Grand Theft Auto Fans |
Sep 18th, 2013 |
Gamers get their hands on Call of Duty: Ghosts for the first time at an event in Los Angeles on Aug. 14, 2013. The game's publisher, Activision Blizzard, supports of a federal bill that would study on the impact of violent video games on ...
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| Berjaya Auto listing clears final hurdle |
Sep 18th, 2013 |
Berjaya Corp Bhd (BCorp) said its plans to list its 75.4%-owned Bermaz Motor Sdn Bhd through Berjaya Auto Bhd (BAuto) on the Main Market of Bursa Malaysia has cleared its final hurdle after Bursa Securities approved the proposed exercise. In a filing with Bursa Malaysia yesterday, BCorp said the regulator had in a letter dated Sept 17, 2013, approved the listing of the entire enlarged issued ...
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| Blockbuster shooter Grand Theft Auto V sales surpass $800 million on first day in stores |
Sep 18th, 2013 |
NEW YORK -- The video game company behind "Grand Theft Auto V" says sales of the blockbuster shooter game surpassed $800 million in one day. The wildly anticipated game hit stores in the U.S. and elsewhere in the world on Wednesday. It has not yet launched in Japan and Brazil. Take-Two Interactive Software Inc. says the launch is the biggest of any game in the company's history. ...
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| Fitch Affirms Seven Upgrades One Class of Ford Credit Auto Lease Trust |
Sep 18th, 2013 |
Introducing The Why? Forum To commemorate our first 100 years, we are launching The Why? Forum- a new interactive platform where leading thinkers from Fitch Ratings and beyond tell us why they think what they ...
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| Submerged cars found in Oklahoma may solve mysteries that have haunted small town for decades |
Sep 18th, 2013 |
In this Sept. 17, 2013, photo, officials investigate the scene at Foss Lake, Okla. where two decades-old cars were pulled from the water by a dive team. The Oklahoma State Medical Examiner’s Office says authorities have recovered skeletal remains of multiple bodies in the Oklahoma lake where the cars were recovered. (AP Photo/The Elk City Daily News, Larissa ...
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| Tesla Motors eyes self-driving cars. Are they more efficient |
Sep 18th, 2013 |
Tesla Motors has jumped into the race to build a self-driving car. Autonomous transport promises greater convenience, safety and en energy efficiency than the human-operated vehicles of today. Self-driving cars are the kind futurist, energy-centric issues Tesla Motors chief Elon Musk likes to ...
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| Hit by weaker rand South Africans switch to smaller cars |
Sep 18th, 2013 |
Traffic moves through Soweto en route to the Johannesburg city centre in in this January, 2010, file photo. South Africans' love of large, gas-guzzling cars is taking a back seat in the face of record petrol prices, one of the more visible ways in which a sharp drop in the rand is changing the face of Africa's largest economy. (Joao ...
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| Six skeletons found in cars pulled from Oklahoma lake |
Sep 18th, 2013 |
The two vehicles just recovered from Foss Lake are pictured in Foss, Oklahoma, September 17, 2013. Oklahoma authorities said on Wednesday they were working to identify six skeletons found in cars pulled from a lake in the remote southwestern corner of the state to determine if they are linked to decades-old missing persons cases. (Laura ...
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