| General Motors and Deloitte Touche in $303 million securities class action |
Jun 24th, 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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| 2013 Nissan Juke Nismo review notes: Quicker and still weird |
Jun 24th, 2013 |
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WEST COAST EDITOR MARK VAUGHN: Don't confuse this with the 545-hp Juke R, the one with the engine from the mighty Nissan GT-R. It is not that. Instead of a 3.
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| Update-Moodys rates Mitsubishi Corps Series 16 syndicated loan PA1 |
Jun 24th, 2013 |
Mon Jun 24, 2013 3:23am EDT Mitsubishi Corporation For the full text of this story please click the following ...
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| Greedy Africans are starving our cars |
Jun 24th, 2013 |
"You've heard of Live Aid? Well, this is Drive Aid," an ardent young man says, as he approaches London pedestrians. "Greedy people in developing nations are eating huge amounts of food that could easily be turned into biofuel to power our cars. African acreage the size of Belgium is being used for food, and we're saying it should go to cars here in the UK. Can we have ...
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| Conditions of cars on Irish roads worsen due to financial strain |
Jun 24th, 2013 |
The condition of cars on the road is in decline as people hold onto to their cars for longer due to financial strains. A survey carried out by AA Ireland said that it has seen a 5% increase in call-outs to assist motorists in the first five months of this year compared to last."People are holding onto cars for longer," said spokesperson for the AA Arwen Foley."In a poll we did last ...
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| Subaru XV Hybrid 5.0L100km compact crossover not for Oz |
Jun 24th, 2013 |
Subaru XV Hybrid combines a 2.0-litre four-cylinder petrol engine, an electric motor, a battery pack and a continuously variable transmission (CVT) exclusively developed for the hybrid ...
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| Mitsubishi Bosch partner on lithium-ion batteries for next-gen EVs |
Jun 24th, 2013 |
for its next-generation plug-in hybrid and electric vehicles. Robert Bosch GmbH will hold a 50 per cent stake in the joint venture, with Japanese ...
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| Renault reveals 2014 F1 power unit |
Jun 24th, 2013 |
Renault engine, which features a single turbocharger and a single exhaust outlet, has a rev limit of 15,000rpm (3000rpm lower than the outgoing V8) and will produce around 600hp ...
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| Volkswagen van sets new Nurburgring record |
Jun 24th, 2013 |
Ford Transit van on Top Gear in 2005. Helped along by a retuned electronic control unit (ECU), turbo-back exhaust system, new intercooler and oil cooler, Bilstein coilover suspension, and lightweight Team Dynamics wheels with road legal Dunlop Direzza tyres, the 162kW Revo T5 van completed its full lap, being driven by Dale Lomas, faster than Schmitz could hustle the Transit through its shorter ...
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| Sonia Gandhi flags off relief material for Uttarakhand flood victims |
Jun 24th, 2013 |
Congress President Sonia Gandhi flagged off trucks carrying relief material for Uttarakhand floods victims from the party's Delhi headquarters this morning. She was flanked by her son and party vice president Rahul Gandhi as well as senior party leaders including Delhi Chief Minister Sheila Dikshit. Meanwhile, rescuers have intensified their efforts to evacuate 10,000 people still stranded in ...
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