| Chief finance officer at Geelys Volvo Cars steps down |
Jun 20th, 2013 |
STOCKHOLM, June 20 | Thu Jun 20, 2013 5:15am EDT STOCKHOLM, June 20 (Reuters) - Swedish car group Volvo Cars said on Thursday that chief financial officer Jan Gurander is stepping down and will be replaced by his current deputy, Hans Oscarsson. The company, owned by China's Zhejiang Geely Holding Group Co Ltd, gave no explanation for Gurander's decision to leave the post, which ...
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| BRIEF-Rolls Royce wins order worth $880 mln from United Airlines |
Jun 20th, 2013 |
LONDON, June 20 | Thu Jun 20, 2013 5:13am EDT LONDON, June 20 (Reuters) - Rolls-Royce Holdings PLC : * Won order worth $880M from United Airlines for Trent XWB engines to power 10 Airbus A350 XWB-1000 aircraft * Source text for ...
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| Update-Moodys has assigned provisional ratings to German auto loan ABS of Driver Eleven GmbH |
Jun 20th, 2013 |
Thu Jun 20, 2013 5:09am EDT Driver Eleven GmbH For the full text of this story please click the following ...
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| Mitsubishi UFJ $250 mn for illegal Iran transfers |
Jun 20th, 2013 |
WASHINGTON (AFP) - New York state hit Japan's largest bank Bank of Tokyo Mitsubishi-UFJ with a $250 million fine Thursday for handling money transfers that violated sanctions on Iran as well as Sudan and Myanmar.The state's Department of Financial Services (DFS) said Mitsubishi-UFJ moved billions of dollars through its New York branch between 2002 and 2007 for state and private entities ...
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| EU Says Eurotunnel Charging Excessive Rates for Trucks Trains |
Jun 20th, 2013 |
The European Union accused Eurotunnel of charging "excessive" rates for trucks and freight trains to use its sub-sea link between the UK and France.The European Commission, the EU's executive, gave the UK and France, which jointly regulate Eurotunnel, two months to respond to its demand for lower freight and passenger charges, or face possible legal action.The EU says access ...
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| Chrysler Just Dared Its Competitors To Steal Its Customers |
Jun 20th, 2013 |
, which'll give it cover in lawsuits arising from crashes. It seems a plastic gas tank placed in the rear of the vehicles has a propensity to explode upon high-speed impact. While the models in question complied with existing safety regulations during the years they were sold (dating back to 2003), NHTSA felt that subsequent events proved they were a potential danger. Chrysler didn't ...
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| Commit To Purchase General Motors At $20 Earn 5.3 |
Jun 20th, 2013 |
NYSE: GM ) shares, but tentative about paying the going market price of $32.37/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $20 strike, which has a bid at the time of this writing of $1.06. Collecting that bid as the premium represents a 5.3% return against the $20 ...
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| Honda says Accord Hybrids 47 mpg tops Camry |
Jun 20th, 2013 |
It will be the first Honda hybrid made in Ohio When it comes to gas mileage, Honda is about shakeup the world of midsize cars for the hybrid version of its hit Accord midsize sedan.The Accord Hybrid is expected to be rated at 49 miles per gallon in the city, 45 mpg on the highway for a combined average of 47 mpg when it goes on sale in October.By comparison, the Accord Hybrid's chief rival, ...
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| Photos Vintage cars at Alberta college auction |
Jun 20th, 2013 |
The J.C. (Jack) Anderson Auto Auction is set to take place in Olds, Alberta on June 23. On the block will be a collection of 100 vintage and antique cars, with proceeds going to the Centennial Entrepreneurial Legacy Fund at Olds College. Here's a look at a few of the classic vehicles we can expect to ...
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| 2014 Honda Accord Hybrid to Get EPA 47 MPG Combined |
Jun 20th, 2013 |
When the 2014 Honda Accord Hybrid rolls out this October, Honda expects the Accord's resurrected gas/electric variant to get an EPA rating of 49/45/47 mpg (city/highway/combined). The car joins the Accord Plug-in Hybrid, which went on sale in January, and a redesigned Accord that arrived last fall. It's the first Accord Hybrid we've seen since 2007, two Accord generations ago. ...
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