| Linamar to buy German auto part firm Mubea |
Jun 5th, 2013 |
Auto parts maker Linamar said Tuesday it plans to buy a camshaft manufacturing and distribution business in Germany. No pricetag was disclosed for the deal with Mubea, a global automotive supplier for springs and other products. The business will operate out of three locations in Germany, employing about 110 people. "Mubea has done an excellent job of developing very high quality and ...
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| Airbnb founder Banning private rentals as silly as banning cars |
Jun 5th, 2013 |
Expect the will of the people to prevail when it comes to overpowering regulatory restrictions against renting out private lodgings, Airbnb Joe Gebbia ...
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| Market Scale of Chinas Automotive Electronics Increases to CNY 320 Billion in 2012 |
Jun 5th, 2013 |
Reportlinker.com announces that a new market research report is available in its catalogue: Research on China Automotive Electronics Industry, ...
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| The Fall And Rise Of Detroit Cartels Cronies And Uber Cars |
Jun 5th, 2013 |
By Timothy Reuter & Brian Tan Crony capitalism is a popular phrase today. It denotes businessmen currying favors with politicians to ease free-market competition. Such a notion is noxious to most people. Businesses accrue profits for reasons other than making good products, government distributes favors, and consumers get shafted. But, cronyism has a predecessor. Under cartel capitalism ...
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| General Motors returns to SP 500 |
Jun 5th, 2013 |
after being removed from the American equities listing in 2009 after filing for bankruptcy in the wake of the global financial crisis. Returning to the S&P 500, an index of the 500 leading publicly traded companies in the US stock market, is a major milestone for the US manufacturer, indicating its continued financial recovery post GFC. Bloomberg reports that the announcement from S&P ...
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| Toyota recalls Prius due to faulty brakes |
Jun 5th, 2013 |
Toyota puts its Prius on a bit of a pedestal, a car that is held in high esteem by its owners and the gold standard of all things hybrid. So this recall has to sting.Toyota says it is recalling about 87,000 2010 Toyota Prius and Lexus HS 250h vehicles because of a brake problem.The issue involves a brake pressure accumulator that may develop a fatigue crack on an internal part due to vibration. ...
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| Chrysler refuses to recall 2.7 million Jeeps |
Jun 5th, 2013 |
Chrysler is refusing a request from the government to recall about 2.7 million Jeeps that safety officials say may be at risk for fuel tank fires. Chrysler insists the vehicles are ...
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| Abengoa picks Mitsubishi turbines for Oregon power plant |
Jun 5th, 2013 |
June 5 | Wed Jun 5, 2013 8:22am EDT June 5 (Reuters) - Spanish technology company Abengoa SA picked a Mitsubishi Heavy Industries Ltd unit to supply turbines for a 440-megawatt natural gas-fired power plant under construction for an Oregon utility. The Mitsubishi Power Systems Americas Inc unit said on Tuesday that it would supply gas and steam turbines and a heat recovery steam ...
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| 2013 Buick Encore Mother-in-Law Mobile |
Jun 5th, 2013 |
One unofficial role of a car reviewer is to be the go-to person for car-shopping family members. My mother-in-law has been in the market ...
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| Do You Need To Change Your Cars Power-Steering Fluid |
Jun 5th, 2013 |
Replacing power-steering fluid generally is not listed among the regular maintenance items that should be performed, so on most vehicles replacing it is at the owner's discretion. When you take your car in for routine service you may hear an urgent pitch for having your power-steering pump flushed and filled with fresh fluid because the current fluid has turned dark. Bear in mind that ...
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