| Chrysler working on refinancing Fiat eyes full control |
Jun 13th, 2013 |
Italian carmaker Fiat SpA's US unit Chrysler is still working on a $3 billion loan refinancing plan, Fiat CEO Sergio Marchionne said on Thursday, confirming what sources had earlier told Reuters.On Wednesday, Reuters reported that Chrysler had set terms on a loan refinancing deal that could lower its borrowing costs and make it possible for Fiat to access Chrysler's cash flow.Fiat owns ...
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| July 12th Options Now Available For Ford Motor Co. |
Jun 13th, 2013 |
Stock Options Channel , our YieldBoost formula has looked up and down the F options chain for the new July 12th contracts and identified one put and one call contract of particular interest. The put contract at the $15.00 strike price has a current bid of 36 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $15.00, but will also collect the ...
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| Four NANS Leaders Die In Auto Accident On Way To Uyo |
Jun 13th, 2013 |
By SaharaReporters, New York Donald Onukaoguu, the Senate President of the National Association of Nigerian Students (NANS) and four other students have been killed in a road crash. The students met their end yesterday on their way to the University of Uyo, Akwa-Ibom State, to intervene in the current crisis rocking that institution. The lone survivor for the accident, who is currently ...
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| Honda recalls S2000 sports car Acura RSX to fix brake problem |
Jun 13th, 2013 |
Honda is recalling about 18,000 vehicles including the Acura RSX sedan and the Honda S2000 sports car sold in the U.S. because of a brake problem. The automaker said a manufacturing error in the power brake system components may cause it to decrease the assistance it provides in braking, a factor that increases the risk of a crash. However, no crashes or injuries have been reported related to ...
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| GMs 2014 Cadillac CTS starts at $46025 |
Jun 13th, 2013 |
General Motors Co. said Thursday that its redesigned 2014 Cadillac CTS will start at $46,025, while the new CTS Vsport model will start at $59,995. The CTS, which is longer and lighter than past versions, will hit dealerships in October, GM said. The starting price point is about $6,000 higher than the 2013 rear-wheel drive CTS luxury model. GM said the 2014 model has more interior space, more ...
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| AAA Says Voice-to-Text Functions are Distracting |
Jun 13th, 2013 |
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Hands-free technology might make it easier to text, talk on the phone, or look up directions while driving, but the AAA Foundation for Traffic Safety shows that mental distractions exist even if drivers keep their hands and eyes on the road. As the most comprehensive study of its kind, AAA appeals to the public to [...]
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| E3 Roundup: Cars, Cars, and More Cars |
Jun 13th, 2013 |
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The Electronics Entertainment Expo is going on in Los Angeles, and we have some of the coolest car features covered.
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| 2013 Fiat 500 Gucci Edition Redux |
Jun 13th, 2013 |
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When the Fiat 500 Gucci Edition was first introduced, it was touted as a pairing of two Italian icons of style. The limited edition 500s were scooped up, and in an effort to satisfy customer demand–and boost sales–the 2013 Fiat 500 Gucci Edition is once again being offered. “The success of the Fiat 500 by [...]
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| Mercedes-Benz Delays Bringing ML250 BlueTec to U.S., Won’t Come for 2014 |
Jun 13th, 2013 |
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In a sudden change of heart, Mercedes-Benz has indefinitely shelved plans to sell the four-cylinder-diesel-powered ML250 BlueTec in the U.S. The ML250 would have been powered by the same basic 2.1-liter twin-turbo diesel that’s found in the new-for-2013 GLK250 BlueTec. While Mercedes has no definitive timeframe to bring the ML250 stateside, we understand that it [...]
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| Edmunds Names Best Retained Value Winners |
Jun 13th, 2013 |
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 Jeep and Acura took home the top prizes in Edmunds.com's third annual Best Retained Value Awards.
The awards recognize the brands and new car models that have the highest projected residual values after five years based on their average True Market Value price when sold new. Jeep won in the non-luxury division with a projected 50.6 percent residual value after five years, and Acura won the luxury crown with a projected five-year residual value of 45.1 percent.
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