| Indiana County auto shop owner admits to laundering money from gas driller |
Jun 5th, 2013 |
The owner of an Indiana County auto repair shop admitted Wednesday that he conspired with an executive at a gas drilling company to launder more than a million dollars from the ...
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| New Toyota Corolla to Debut Thursday |
Jun 5th, 2013 |
, but all that changes Thursday when Toyota will drop the curtain on a new Corolla. The automaker has kept all details under wraps, but we hope it resembles the sleek, ...
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| 2 former Ford employees fight dismissals |
Jun 5th, 2013 |
Two former Ford Motor Co. employees are challenging their dismissals from the Dearborn automaker. On Monday, a federal appeals court revived a 2009 lawsuit from a Ford engineer, Moien Louzon, who was fired in 2007 after he visited his mother in the Gaza Strip and was blocked from returning home. The three-judge panel in an opinion written by Judge Karen Nelson Moore, a Clinton appointee, ...
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| AIG General Motors to Be Added to SP 100 |
Jun 5th, 2013 |
S&P Dow Jones Indices says it will soon add two well-known U.S. companies to the S&P 100. Automaker General Motors Co. will replace H. J. Heinz Co. in the S&P 100 and 500 indices on Thursday. The ketchup maker’s acquisition by 3G Capital and Warren Buffett’s Berkshire Hathaway is expected to be complete by then. Insurer American International Group Inc., known as AIG, ...
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| We Put In-Car Espresso Maker to the Test |
Jun 5th, 2013 |
Coffee drinkers are a dedicated bunch. But are they dedicated enough to brew on the go? The idea of an espresso machine designed for the car is so absurd that we had to say yes when Importika, the U.S. distributor of the recently imported Handpresso Auto, reached out and asked if we wanted to test the new cupholder espresso maker. Perhaps most surprising is the French company's crazy ...
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| Toyota Recalls Some Hybrids For Safety Check |
Jun 5th, 2013 |
The 2010 Prius and Lexus HS 250h models both have a brake pressure accumulator that, according to Toyota Motor Sales, U.S.A., Inc., could possibly develop a fatigue crack internally because of the car's vibration. Owners of these vehicles, approximately 87,000, should expect to receive a notification by first class mail. Once the vehicle has been expected, if necessary, the dealer should ...
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| Opelika approves tax breaks for auto parts firm |
Jun 5th, 2013 |
The Opelika City Council has approved $35 million in additional tax abatements for an expansion planned by automotive parts manufacturer Mando ...
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| US treasury to sell 30mn more shares in GM |
Jun 5th, 2013 |
WASHINGTON The U.S. Treasury Wednesday announced plans to sell 30 million additional shares of General Motors Company (GM) common stock, which it had acquired as part of the bailout package to the automaker in 2009. The proposed sale, subject to market conditions later this month, is to be through a public offering in conjunction with GM's inclusion to the SP 500 index effective from the ...
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| Recall: 2013 Cadillac ATS, XTS and 2014 Chevrolet Impala |
Jun 5th, 2013 |
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General Motors is recalling select Cadillac and Chevrolet models for faulty brake lamps.
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| Porsche 911 50th Anniversary Edition to Debut in Frankfurt |
Jun 5th, 2013 |
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When you think Porsche, the image that comes to mind is likely that of a 911. Available this fall the Porsche 911 50th Anniversary Edition will celebrate the automaker’s storied model on an important milestone. Like the original Porsche 911, the Special Edition will be powered by a flat-six-cylinder engine, will be rear-wheel-drive, and is [...]
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