| For Auto Sector, Brakes Gave Out In 2008 |
Jan 2nd, 2009 |
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(AP) For the auto sector - and many of its stocks - 2008 was nearly the end of the road.First came the record-breaking rise of gas prices this summer. Next came the end of leasing. Then, the credit ma...
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| What’s Your Favourite Car |
Jan 2nd, 2009 |
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I don’t think a single day has gone by that someone hasn’t asked me, “out of all the cars you’ve driven, what is your favourite car?” Oh no, not this question, not again....
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| Holiday road toll climbs to 55 |
Jan 2nd, 2009 |
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The official holiday period ends at midnight (tonight) and police are urging motorists returning from holidays to take extra care to avoid any further increase in the number of deaths. State by state...
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| More auto industry-linked businesses eligible for bailout |
Jan 2nd, 2009 |
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"There are going to be other industries that are going to have just as good a case," as the auto companies, former St. Louis Federal Reserve Bank president William Poole said in an interview. "We don'...
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| Trolley cars rolling again on ancient Qianmen Street |
Jan 2nd, 2009 |
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An old-fashioned trolley car is seen at Qianmen Street on Thursday. Two old-fashioned trolley cars began operating again on the 600-year-old Qianmen Street on Thursday after a nearly 50 year hiatus.(X...
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| Bajaj Auto two-wheeler sales down 33 percent |
Jan 2nd, 2009 |
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The company sold 119,215 two-wheelers in December 2008 as against 177,249 units a year earlier, said an official statement.Bajaj's motorcycle sales also slumped 33 percent last month to 118,510 units ...
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| Rare Bugatti found could fetch millions |
Jan 2nd, 2009 |
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A rare Bugatti supercar - one of just a handful ever made - found gathering dust in an English garage for over fifty years could fetch millions when it goes under the hammer next month.
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| GM receives first part of emergency funding |
Jan 2nd, 2009 |
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General Motors has today received the first US$4 billion in emergency loans that the United States federal government has promised the car-maker.
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| Toyota plans solar-powered car |
Jan 2nd, 2009 |
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Solar is less than 1% of the world's energy but it looks like things will change quickly.I doubt though the solar-powered system alone could make the car suitable for varying weather conditions. Needi...
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| Cash boost for General Motors |
Jan 2nd, 2009 |
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General Motors received its first multi-billion dollar loan instalment from the US Treasury Department, in time to avert a financial disaster in which the struggling carmaker may have been unable to s...
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