| Senators want action on auto retooling loans |
Feb 5th, 2009 |
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WASHINGTON (Reuters) - Two U.S. senators have asked Energy Secretary Steven Chu to set a timeline for distributing up to $25 billion in loans to help U.S. auto companies produce more fuel efficient ve...
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| Trade group, Treasury negotiate supplier aid |
Feb 5th, 2009 |
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In an attempt to head off a cash shortage among the nation's automotive parts suppliers, the Motor & Equipment Manufacturers Association is in talks with the U.S. Treasury about federal aid that could...
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| GM exec moves to United |
Feb 5th, 2009 |
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Tony Cervone will become chief communications officer and senior vice president of corporate communications Feb. 16 at United's parent company, UAL Corp., the company said in a statement Wednesday.Las...
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| Honda to debut new gas-electric hybrid |
Feb 5th, 2009 |
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TOKYO, Feb. 5 (Xinhua) -- Honda Motor Co. announced Thursday that it will launch new gas-electric hybrid car "Insight" Friday. The Insight is priced between 1.89 million yen (21,000 U.S. dollars) and...
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| GM halts political funding |
Feb 5th, 2009 |
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WASHINGTON -- General Motors Corp. has temporarily halted donations from its political action committee as it shores up its accounts. "As we have done in previous years following an active election cy...
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| Common Causes of Auto Accidents |
Feb 5th, 2009 |
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Each year, more than 40,000 people are killed in auto accidents. The National Highway Traffic Safety Administration states that a car accident occurs every 10 seconds, and every 12 minutes, someone in...
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| China auto sales seen surpassing US in January |
Feb 5th, 2009 |
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In this Jan. 15, 2009 file photo, a couple look at cars at an auto sales yard in Beijing. China likely overtook the U.S. in vehicle sales for the first time last month, a trend that could make China i...
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| Ashok Leyland, Nissan revisit biz plan for JVs |
Feb 5th, 2009 |
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Hinduja flagship company Ashok Leyland and Japan's Nissan are reviewing business plans for their three joint ventures that envisaged an investment of Rs 2,300 crore for manufacturing of light commerci...
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| Institute raises roof standard |
Feb 5th, 2009 |
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WASHINGTON -- The Insurance Institute for Highway Safety said Wednesday it will require automakers to dramatically increase the strength of vehicle roofs to receive its top safety pick ratings. The Vi...
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| Mitsubishi Motors, Mazda project annual losses |
Feb 5th, 2009 |
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TOKYO -- Mitsubishi Motors and Mazda - Japan's No. 4 and No. 5 automakers - both reported quarterly losses Wednesday and joined a growing list of Japanese automakers expecting to fall into the red for...
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