| Tesla repays government loan nine years early |
May 24th, 2013 |
has paid off the remaining portion of the loan granted to it by the US Department of Energy in 2010. The California-based electric vehicle manufacturer transferred US$451.8 million ($464.0 million) this week to clear its debt plus interest with the government, following earlier payments in 2012 and the beginning of 2013. Tesla was awarded a loan of US$465 million ($478 million) under the ...
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| Viper returning to Le Mans |
May 24th, 2013 |
Chrysler Group’s SRT (Street and Racing Technology) Motorsports Team is preparing two identical SRT Viper GTS-R racers to compete in the classic French endurance race for the first time since the American muscle car finished one-two in the GTS class consecutively from 1998 to 2000, after the team accepted an invitation in February from the Automobile Club de l’Ouest (ACO) to challenge ...
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| Nissan recalls more than 800000 cars |
May 24th, 2013 |
Japanese automaker Nissan has announced it is recalling more than 800,000 vehicles worldwide as a result of a steering wheel glitch. The firm said in a statement filed to the Japanese transport ministry that it was calling back models of the Nissan Micra, otherwise known at the March, built in the UK between 2002 and 2006. It was also recalling models of the Cube, produced in Japan in the same ...
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| 2013 Land Rover LR2 First drive |
May 24th, 2013 |
Land Rover LR2 was in need of exactly the refresh it is getting for the 2013 model year. The question remains, however: With many competitors in its price range, will the 2013 LR2's price, which ranges from slightly more than $37,000 to just over $42,000 depending on trim level, set it adrift in a sea of ...
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| Auto lifting incidents on the rise in Allahabad |
May 24th, 2013 |
Despite constituting squads to check auto lifting menace in the city and taking auto-lifting prone areas under scanner, the auto-lifters are having a good time in Allahabad with about 110 vehicles including 22 four-wheelers being lifted in the past four and half ...
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| CEVA Logistics Names Barnett as Automotive VP for the Americas |
May 24th, 2013 |
has appointed Jim Barnett as vice president of its automotive division for the Americas, effective immediately.Barnett will be based in Detroit and brings nearly 20 years of supply chain management and automotive manufacturing experience to this role. He joined the supply chain company in 2009 and for the last four years served as chief operating officer of CEVA's joint venture with Anji ...
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| Ford to retire Falcon when Australia plant closes in 2016 |
May 24th, 2013 |
Ford Motor Co. will shed 1,200 jobs when it ends auto manufacturing in Australia in 2016, but ...
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| Chevrolet begins selling diesel Cruze in U.S. |
May 24th, 2013 |
Available for $25,695, the 2014 Chevrolet Cruze Clean Turbo Diesel offers a segment-leading 46 mpg highway, and can go 717 miles on one tank of diesel fuel. ...
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| The Collectors George Passadore loves cars and the 1950s |
May 24th, 2013 |
George Passadore, retired regional chairman of Wells Fargo Bank, in a bumper car, one of the more playful vehicles in his vast collection. George Passadore, the retired regional chairman for Wells Fargo Bank, started his automobile collection before he could legally drive, buying his first car, a 1933 Plymouth Coup, at age 14. The Collectors: George Passadore's vintage autos Today, he houses ...
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| Kingston has first-day lead on European Tour |
May 24th, 2013 |
James Kingston shot a 6-under-par 66 and owns the lead after Thursday's play at the European Tour's BMW PGA Championship in England. Kingston had seven birdies and a bogey on the day and is one stroke ahead ...
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