| Panasonic to cut 5000 workers from automotive and industrial division |
May 30th, 2013 |
TOKYO (Reuters) - Panasonic Corp said it will cut around 5,000 workers from its automotive and industrial division in a bid to bolster its operating profit margin over the next three years to a 5 percent minimum set by the company's president, Kazuhiko ...
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| Ford to offer more small SUVs in global markets |
May 30th, 2013 |
Dearborn Americans for decades have had an appetite for sport utility vehicles. Now the rest of the world is following suit, buying SUVs at an escalating rate. Ford Motor Co. is one automaker looking to capitalize on the trend. Over the next four years it will offer a mix of small- and medium-size SUVs in places like Brazil, Russia, India and China, known collectively as the BRIC countries. But ...
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| Undergraduates die in Bayelsa auto crash |
May 30th, 2013 |
Unspecified number of part-time undergraduate students of the Niger Delta University was on Tuesday night feared dead in an accident that occurred along the Amasoma-Yenagoa Road, Southern Ijaw Local Government Area, Bayelsa ...
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| Auto industry faces uphill challenges Experts |
May 30th, 2013 |
/enpproperty--> A leading industry analyst has warned that China's automobile sales could slow considerably within the next two years, choked mainly by the inability of roads and highways to cope with the growing volume of traffic, particularly in the major cities. Hou Yankun, head of China Equity Research and head of Asia Autos at UBS Securities, said that 2013 will witness the ...
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| Yen to Drive Market Share Gains for Japan Autos |
May 30th, 2013 |
Will the depreciating yen become a game changer for Japanese automakers that have grappled with a strong currency for several years now? Yes, it could, says ...
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| Power Rundown Nissan Cancels FB Ads |
May 30th, 2013 |
Nissan is canceling its Facebook advertisements, reportedly because of the increase in hate speech on the site, and a new report finds more working moms are the primary bread-winner in their families. CNBC's Michelle Caruso-Cabrera and John Carney ...
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| Nissan other brands suspend Facebook ads over offensive content |
May 30th, 2013 |
Nissan and some other big brands have suspended advertising campaigns on Facebook after ads were apparently displayed next to offensive content on the site.The campaigns were put on hold in the U.K. just as Facebook rolled ...
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| Mining trucks now using software to detect drowsy drivers |
May 30th, 2013 |
Could new technology designed to prevent mining truck accidents eventually keep motorists safer? The technology uses sensors, alarms and software to track drivers' eyes and faces. It has proven so successful at determining driver sleepiness that Caterpillar, the largest manufacturer of mining equipment in the world, plans to sell the software. The technology is aimed at detecting periods of ...
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| Fitch Affirms Volkswagen Auto Lease Trust 2012-A |
May 30th, 2013 |
Slow Recovery to Continue for U.S. States U.S. state fiscal year 2014 budgets anticipate continued economic and revenue recovery despite uncertainty about federal government funding and healthcare reform, according to a new Fitch Ratings report. States remain significantly exposed to the possibility of future federal funding cuts. Cuts would be most challenging if they affected Medicaid, which ...
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| AAA Estimates It Will Help 8 Million Stranded Motorists This Summer; Provides List to Stay Safe |
May 29th, 2013 |
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Memorial Day weekend officially kicked off what’s known as the summer driving months. Or, if you live in the Midwest, Mid-Atlantic, or Northeast, it’s called construction season. Anyhow, an estimated 31 million drivers took to the open road during the holiday weekend, but approximately 250,000 had to call AAA for help, reports the roadside assistance [...]
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