| Fiat to wait for VEBA stake verdict before merging with Chrysler |
May 30th, 2013 |
Chairman John Elkann said on Thursday the Italian carmaker intends to wait for a resolution of the legal dispute with U.S. healthcare trust VEBA before going ahead with a full merger with Chrysler."We intend to wait for the Delaware verdict before moving forward on the merger" with Chrysler, said Elkann.However, Elkann did not rule out an out of court settlement with VEBA ahead of the ...
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| China unveils top machinery auto manufacturers |
May 30th, 2013 |
The China Machinery Industry Federation (CMIF) and China Association of Automobile Manufacturers (CAAM) on Thursday announced the country's top 100 machinery manufacturers and top 30 automobile producers in 2012, respectively.China National Machinery Industry Corporation topped the list of machinery manufacturers with main business revenues totalling 212 billion yuan (34.3 billion ...
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| BRIEF-Singapores new Airbus jets to be powered by Rolls-Royce XWB engines |
May 30th, 2013 |
LONDON | Thu May 30, 2013 8:30am EDT LONDON May 30 (Reuters) - Rolls-Royce Holdings PLC : * Singapore airlines to order 30 a350-900 aircraft * Order takes the total number of a350 aircraft ordered by Singapore airlines to 70 aircraft * The airbus a350-900 aircraft powered by Rolls Royce-trent xwb ...
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| You read this right Chrysler has a stylish minivan |
May 30th, 2013 |
Fancy wheels, blacked out grille and more A minivan is many things to families. It's a school bus, playroom, weekend road warrior and living room on wheels. But can it also be stylish?Before you answer no, consider the 2013 Chrysler Town & Country S. The automaker working to turn its image from humdrum to hip with the "Imported from Detroit" slogan and star-studded advertising ...
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| Los Angeles syncs lights traffic picks up |
May 30th, 2013 |
Los Angeles is famous for its car addiction -- whether cruising in their convertibles, or (more often) sitting in monster traffic jams on the freeway. But traffic appears to be picking up after planners synced traffic lights. Los Angeles has become a symbol of America's traffic congestion - its highways and byways often frozen during the steadily expanding period still know as rush hour.But ...
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| 21 cars 6 properties nabbed |
May 30th, 2013 |
In December that year, the IDC approved the application for funding and began transferring monies. Three of the 21 cars belonging to uMhlanga businessman, Sateesh Isseri, and his wife, Elizabeth Chetty, were attached by the Asset Forfeiture Unit. Pictures: Puri ...
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| 2014 Acura RLX Car Seat Check |
May 30th, 2013 |
is bigger than a midsize sedan, it's not big enough to fit three child-safety seats across its backseat. A raised center seating position and larger seat bolsters hindered our ability to install three car seats. However, two car seats fit easily in the ...
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| Report Fiat in talks to get $10B in financing to buy Chrysler |
May 30th, 2013 |
Fiat SpA is in talks for as much as $10 billion in financing from a pool of banks to buy the Chrysler Group LLC stake it ...
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| Honda trims lease payment for Electric Fit to spark U.S. demand |
May 30th, 2013 |
Honda Motor Co. is trimming the lease price for its electric Fit hatchback by a third as the carmaker follows similar moves by General Motors Co. and Nissan Motor Co. to boost demand for plug-in models. The monthly fee to lease a Fit EV for 36 months will drop to $259, from $389 previously, with no down payment, from June 1, Honda said today in a statement. Customers ...
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| Henderson auto parts company will invest $23M add 160 jobs |
May 30th, 2013 |
A homegrown Henderson, Ky. company announced expansion plans on Wednesday. Gibbs Die Casting Corp., a global producer of aluminum and magnesium automotive parts, will invest $22.8 million and add 160 jobs over three years as it expands its manufacturing complex. According to TheGleaner.com, the company was established in 1965 and has grown into one of the worlds largest die-casting companies, ...
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