| Auto Suppliers Expansion Means 100 Jobs for Central Ohio |
May 23rd, 2013 |
Automotive supply company G-Tekt North American Corp. will move forward with a pair of projects, investing $28.6 million and creating an expected 100 jobs in central Ohio. G-Tekt said yesterday it plans to open a 173,000-square-foot, state-of-the-art manufacturing facility in early 2014 in West Jefferson in Madison County. The facility is expected to create 23 jobs and generate an annual ...
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| Cars made in Brazil are deadly |
May 23rd, 2013 |
The cars roll endlessly off the local assembly lines of the industry's biggest automakers, more than 10,000 a day, into the eager hands of Brazil's new middle class. The shiny new Fords, Fiats, and Chevrolets tell the tale of an economy in full bloom that now boasts the fourth largest auto market in the world. What happens once those vehicles hit the streets, however, is shaping up as ...
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| Mitsubishi weighs steps toward resumption of dividend -sources |
May 23rd, 2013 |
By Kentaro Sugiyama and Yoko Kubota Wed May 22, 2013 7:32pm EDT May 22 (Reuters) - Mitsubishi Motors Corp is taking steps toward resuming dividend payments after nearly a decade-long turnaround bankrolled by other Mitsubishi group companies, according to people with direct knowledge of the plans. Specifically, Mitsubishi Motors is considering asking shareholders to approve plans for a 10-for-1 ...
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| Oklahoma Commissioner 4K Home Auto Claims from Twisters So Far |
May 23rd, 2013 |
More than 4,000 home and auto claims have been filed as a result of the recent spate of tornadoes in Oklahoma. That number is expected to rise, according to Oklahoma Insurance Commissioner John D. Doak. Doak said the Oklahoma Insurance Department has opened a Consumer Assistance Command Center to assist tornado victims, located at 301 NE 27th St., Moore, Okla. "Our goal is to assist people ...
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| 21-year-old charged for burning cars at MoBap Covenant Seminary |
May 23rd, 2013 |
burning cars on a Missouri Baptist University parking lot and at the nearby Covenant Seminary. Andrew Bradley Wos is charged with four counts of knowingly burning or exploding a 2008 Ford Escape, a 2005 Honda Pilot, a 2000 Chevrolet Impala, and a 2001 Nissan Frontier. The fires happened between 4:28 a.m. and 9:30 a.m. May 1. Leaves and twigs were shoved into gas tanks and then set on fire. ...
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| Whats Included in a Tuneup |
May 23rd, 2013 |
Actually, there is no such thing as a tuneup in the traditional sense of replacing parts to bring the ignition and fuel systems up to specs for maximum performance and efficiency, and there hasn't been for years. About the only things left from the traditional tuneup are new spark plugs, which is typically done every 100,000 miles, and replacing the air filter periodically. The federal EPA ...
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| Growing auto supplier to get state grant to build plant in Orion Twp. |
May 23rd, 2013 |
A growing automotive supplier wants to invest up to $12.9 million to build a plant in Orion Township that would create 50 jobs, the Michigan Economic Development Corp. and Michigan Strategic Fund said Wednesday. Kay Automotive Graphics, which makes exterior graphics and trim parts for automotive manufacturers, will receive a $350,000 performance-based grant through the state. The state said the ...
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| Report GM Ford to gain market share in U.S. at foreign rivals expense |
May 23rd, 2013 |
An influential annual report by Bank of America Merrill Lynch says General Motors Co. and Ford Motor Co. will gain market share in the United States over the next four years at the expense of foreign automakers such as ...
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| Tesla repays $465M federal loan nine years early |
May 23rd, 2013 |
Tesla Motors Inc. said Wednesday it has repaid its $465 million U.S. Department of Energy loan nine years ahead of schedule. In a filing with the Securities and Exchange Commission, the California automaker said it terminated the loan and reimbursement agreement with the DOE, a significant step for the company in shedding its image of a government-backed entity. Tesla CEO Elon Musk tweeted Monday ...
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| Burger distractions led to $15 million in police car crash settlement |
May 23rd, 2013 |
Santa Clara County, Calif., agreed to settle for $15 million a suit stemming from a car crash triggered by a police officer eating a hamburger while driving. Sheriff's Deputy Greg Markovic took his eyes off the road three times on Jan. 9, 2012, in San Jose -- once each for the burger, a stuck radio microphone and an accidentally switched-on light -- and struck a Honda driven by Diem Van ...
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