| Daimler profits jump on EADS stake sale |
Jul 24th, 2013 |
FRANKFURT, Germany (AP) Automaker Daimler AG is reporting a big jump in net profit in the second quarter thanks to gains from selling its stake in aerospace firm EADS. The company said Wednesday that net profit rose to 4.58 billion ($6.04 billion) from 1.56 billion in the same quarter a year before. Sales rose 3 percent to 29.7 billion. The maker of luxury brand Mercedes saw a gain of 3.2 billion ...
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| Rolls-Royce Wraith $645K coupe debuts in Oz with GPS-gearbox tech |
Jul 24th, 2013 |
Rolls-Royce Asia Pacific general manager Dan Balmer confirmed the Satellite Aided Transmission (SAT) technology would be available in Australia after a detailed investigation of the country's GPS data found it suitable to support the new system. "We did an extensive research campaign across the world, [and] there are markets that will not get SAT because that data is not good ...
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| Maruti SX4 Toyota Corolla Altis to attract 27 excise |
Jul 24th, 2013 |
excise duty of 27 per cent and not the higher levy prescribed for SUVs. The clarification issued by the Central Board of Excise and Customs (CBEC) has laid to rest the confusion whether these cars would attract 30 per cent excise applicable ...
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| Porsche RAM Brands Top J.D. Powers 2013 APEAL Study |
Jul 24th, 2013 |
Apparently, judging a book by its cover sells cars. According to J.D. Power's 2013 Automotive Performance, Execution and Layout Study, attractive vehicles sell faster, command higher prices and lead to more loyal customers. The big winners this year are Porsche for most appealing brand; Volkswagen and GM also scored well at the vehicle level. The study, now in its 18th year, measures ...
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| Car CD Players Head Toward Extinction |
Jul 24th, 2013 |
as car stereos augmented the standard CD player with auxiliary MP3 jacks, USB/iPod connectors and, eventually, streaming Bluetooth audio. As far back as late 2011, market researcher NPD Group ...
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| Road Ministry forms panel to look into GMs recall of Tavera |
Jul 24th, 2013 |
General Motors India for violation of emission norms and it will decide if any penal action would be taken against the company. According to sources in the Ministry of Road transport and Highways ...
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| Battle Of The Auto Ads Fiat And MINI |
Jul 24th, 2013 |
The Fiat 500 spot Since Fiat's spot featuring nude women painted to look like a car, ad awareness for the brand has continued its 2013 uptick. But BrandIndex measurements suggest the commercial may be generating more talk than buys - as Purchase Consideration for the brand remains behind fellow automaker MINI. YouGov BrandIndex tracked both brands using the Ad Awareness measurement, which ...
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| 5 Cars That Changed it All |
Jul 24th, 2013 |
Technology is a moving target. Today's high-tech automotive flagship can seemingly be easily be supplanted by another car with more innovations or a more refined, better-performing version of existing technologies. Still, someone has to get there first. The five automobiles listed here each made an important technological first step that changed the way cars are designed and built. The ...
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| Praful Patel to take up stimulus package for auto sector with PM |
Jul 24th, 2013 |
Supporting Modi's PM bid, Kanchi Shankaracharya said, 'Narendra Modi is a man of great qualities. Considering that everyone else in the system is bad and dirty, Modi is a suitable candidate, and he has my ...
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| Government needs $95.51 per share to break even on GM |
Jul 24th, 2013 |
A government watchdog's report suggests GM stock would have to sell for $95.51 per share for taxpayers to break even on bailing out the Detroit automaker. (The Detroit ...
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