| India annual car sales hit road block |
Apr 10th, 2013 |
(28 mins ago) India's passenger car sales shrank for the first time in a decade, falling 6.7 percent in the year to March, hit by a slowing economy and high interest rates, a top industry body said today. Passenger car sales fell to 1.89 million units in the financial year to March 2013 from 2.03 million the previous year, the Society of Indian Automobile Manufacturers (SIAM) said in a ...
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| Eastern European auto industry in crisis |
Apr 10th, 2013 |
The crisis of the European auto industry has hit Eastern Europe with full force. Low wages in the states that went through capitalist restoration over two decades ago are no longer low enough, and auto companies are increasingly moving production to North Africa.Dacia, the Romanian subsidiary of French automaker Renault, established a production facility in Tangiers, Morocco, where 400,000 ...
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| Manufacturers grateful for Japan govt deflation steps-Toyota president |
Apr 10th, 2013 |
OHIRA, Japan, April 10 (Reuters) - Japanese manufacturers are grateful for the government's steps to pull the country out of deflation, Akio Toyoda, the president of Toyota Motor Corp , said on Wednesday."The Japanese manufacturing industry is grateful for the government's quick attempt to bring Japan out of deflation that has continued for 20 years," Toyoda told ...
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| Kyly Clarke upsets own brand by promoting another |
Apr 10th, 2013 |
Kyly Clarke's choice of clothing at the Mercedes Benz Fashion Week Australia has apparently annoyed her employer, the department store chain Harris Scarfe. The model, who is married to Australian cricketer Michael Clarke, was one of the star guests at the frock fest's opening act Camilla and Marc, the Daily Telegraph reported. Clarke, who is the face of the brand's label Boutique, wore a ...
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| Lambhorgini Veneno dubbed worlds ugliest car |
Apr 10th, 2013 |
According to a survey conducted by an US automotive site, the Lambhorgini Veneno, an exclusive 4.5 million-dollar worth Italian supercar, has topped the list of the world's ugliest cars. The website Edmunds.com has named the car as every 'supercar cliche' having several non-working ideas put together, which makes it a highly-priced showpiece, the Sydney Morning Herald reports. The website has ...
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| Kenya Heavy trucks banned from using Nakuru-Nairobi highway |
Apr 10th, 2013 |
Ministry of Roads has banned heavy vehicles from using the Nairobi-Nakuru highway after a section of a bridge near Naivasha town was washed away by floods. This came as senior government officers led by the PS in the Ministry Engineer Michael Kamau visited the bridge in Kayole estate to access the damage. The road was washed off by flash floods that hit the lakeside town following heavy ...
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| Recall Alert: More Than 214,000 Chrysler, Dodge, Ram and Jeep Vehicles Heading Back for Repairs |
Apr 10th, 2013 |
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Earlier today Chrysler Group LLC announced a recall of approximately 9,300 2013 Ram 1500 pickup trucks, most of which are still in dealer hands, to inspect parking brakes and reset them according to the appropriate specifications. Also on the list of recalls is the Ram 3500 for an engine cover that could overheat and lead [...]
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| Wholesale Prices Decline |
Apr 10th, 2013 |
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 Wholesale used vehicle prices (on a mix, mileage, and seasonally adjusted basis) fell in March.
It was the third consecutive monthly decline, and it brought the Manheim Used Vehicle Value Index reading to 120.4, 4.6 percent lower than a year ago.
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| Former Dealer Heads to Prison for Fraud |
Apr 10th, 2013 |
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 A former Oklahoma used-car dealer has been sentenced to serve 16 months in prison for making a false statement to a federally insured credit union.
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| TV Station Hosts Lemon Lawyers |
Apr 10th, 2013 |
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 WBRE-TV, the NBC affiliate serving viewers throughout Wilkes Barre and Scranton, Pa., recently hosted an interactive Lemon Law phone bank throughout its afternoon talk show PA Live and its evening Eyewitness News programs featuring attorneys, consumer advocates and ASE-certified automotive experts from the Lemon Law Firm of Kimmel and Silverman.
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