| Oil tank cars like those in Quebec tragedy long seen as flawed |
Jul 10th, 2013 |
By Cezary Podkul and Joshua Schneyer NEW YORK, July 9 | Tue Jul 9, 2013 2:03pm EDT NEW YORK, July 9 (Reuters) - The oil-laden train that derailed and exploded in a small Canadian town on Saturday, possibly killing as many as 50 people, included a class of railcar whose vulnerability to leaks and deadly explosions was well known to regulators. The U.S. National Transportation Safety ...
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| Cadillac still plans on a halo car |
Jul 10th, 2013 |
Strong truck sales drive solid June Were Mark Twain covering the auto beat he might begin by declaring that reports of the death of Cadillac's planned "halo" car have been greatly exaggerated.There've been several widely discussed stories over the past week suggesting ...
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| New Cars With The Highest Theft Rates |
Jul 10th, 2013 |
Might as well paint a bullseye on the side of the heavy-duty Ford F-250 full-size pickup truck, as it suffers the auto industry's highest theft rate of 7.0 units pilfered per 1,000 insured vehicle years from the 2010-2012 model years, according to statistics compiled by the Highway Loss Data Institute. The F-250 registered an average $7,060 loss payment per insurance ...
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| New Cars Thieves Love |
Jul 10th, 2013 |
New Cars With The Highest Theft Rates If there's any doubt the economy is on the upswing, one only has to look at pickup truck and full-size SUV sales, which are booming to the tune of 15.1 and 7.9 percent increases over the first six months of the year according to MotorIntelligence.com. Unfortunately, car thieves are likewise thinking big these days, as late-model large pickup and SUVs top ...
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| MEPs back freedom of movement for cars |
Jul 10th, 2013 |
MEPs are on the road to conflict with member states after the European Parliament voted by a slim majority on Tuesday (2 July) to include motorbikes in new European Union requirements for vehicle ...
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| Fitch Updates EMEA Consumer ABS Rating Criteria Auto Residual Value Addendum |
Jul 10th, 2013 |
Shadow Banking Mortgages: Agency mREITs and Repos Given their reliance on repo funding, U.S. agency mortgage REITs (mREITs) and other leveraged investors could face pressures to liquidate some of their MBS holdings if repo lenders were to tighten the terms and availability of ...
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| Grand Theft Auto 5 Release Date News Update Trailer Shows 3 Main Characters Huge World Snorkeling |
Jul 10th, 2013 |
(Rockstar) Grand Theft Auto 5's release date is Sept. 17, and Rockstar has issued a news update in the form of a YouTube preview of the game. Along with the series' traditional features comes an expanded game world, a new style of gameplay featuring three separate protagonists, and a game that continues even when you're not playing it.The Grand Theft Auto 5 release date is for Xbox ...
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| Chevrolet 2014 Corvette Stingray Most Efficient Sports Car |
Jul 10th, 2013 |
it expected the 2014 Corvette to exceed 26 mpg on the highway, and the automaker today announced an EPA rating of 17/29 mpg city/highway. "No other car offers more than 455 horsepower and greater than 29 mpg highway," Chevy said in a statement. Power comes from the next-generation 6.2-liter V-8 paired with a six-speed automatic or new seven-speed manual transmission. The 17/29 rating ...
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| General Motors and Deloitte Touche in $303 million securities class action |
Jul 10th, 2013 |
A securities class action brought against General Motors (GM) by German’s DekaBank has led to a cash settlement of $277 million. In one of the biggest shareholder recoveries of 2008, the settlement will be paid to shareholders following an alleged misstatement of the auto company’s financials dating back to 2000. GM’s outside auditor, Deloitte & Touche, is ...
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| Consumer Federation of America Leaders Confront Flawed Auto Rule Analysis Poll |
Jul 10th, 2013 |
Dramatic Shift To Fuel Efficient Vehicles Began In 2005 New Auto Sales Analysis Reveals Market Reality Missed by Automakers & NHTSA Resulting Rule and Enviro Impact Analysis Flawed New Consumer Poll Shows Greater Demand for Fuel Economy than Available WASHINGTON - August 4 - The Consumer Federation of America (CFA) released an analysis of the impact of fuel economy on auto sales ...
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