| The owners of most luxury cars will pay a higher transport tax |
May 22nd, 2013 |
On Tuesday, the State Duma approved the first reading of the bill for a higher transport tax for the owners of expensive cars. Now the owners of the cars that cost more than five million roubles will have to pay. It was stated then the Russian Cabinet will submit in the State Duma a bill over a higher taxation for the owners of luxurious houses and big land plots ...
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| Seoul shares end at 7-week high on foreign buying autos |
May 22nd, 2013 |
Wed May 22, 2013 3:23am EDT * Seoul shares rise as foreign buying extends to 4th day * Auto stocks rally on hopes over union agreement SEOUL May 22 (Reuters) - Seoul shares hit a 7-week closing high on Wednesday on robust foreign investor buying after Federal Reserve officials played down the chances of scaling back the bank's stimulus programme, with rallies in autos further lifting the ...
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| Three Former Saab Execs Arrested on Tax Evasion Charges |
May 22nd, 2013 |
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If you were at the top of the executive food chain back when the now-defunct Saab was still making vehicles, then your week didn’t get off on the right foot. Former Saab CEO Jan-Aake Jonsson, Chief Financial Officer Karl-Gustav Lindstroem, and former general counsel Kristina Geers were all arrested in an accounting-fraud probe. All three [...]
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| IIHS Shows Behind The Scenes Crash Tests in New Video Series |
May 22nd, 2013 |
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The Insurance Institute for Highway Safety (IIHS) has launched an eight-part series that takes viewers inside the Institute’s Vehicle Research Center in Ruckersville, Virginia. The Institute goes behind the scenes to show how crash test dummies work, and how the IIHS engineers crash and evaluate the safety of every new car, SUV, minivan, and pickups [...]
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| Video: “Fast & Furious” Dodge Daytona Kills Speed With Custom Brembos |
May 22nd, 2013 |
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It’s a matter of physics, really. Massive amounts of horsepower leads to lots of speed. And the more horsepower and speed you have, you’ll need more braking force to safely come to a halt and then do it all over again. On a film set like “Fast & Furious 6,” the take-after-take stop-and-go environment puts [...]
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| Auto industry makes the case for incentives |
May 22nd, 2013 |
Linamar Corp. president Linda Hasenfratz said governments should offer incentives to attract new vehicle assembly plants to Canada. (MIKE ...
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| Marten Transport to Participate in the KeyBanc Capital Markets Industrial Automotive and Transportation Conference |
May 22nd, 2013 |
MONDOVI, Wis. -- Marten Transport, Ltd. (Nasdaq:MRTN) announced today that the Company is scheduled to present at the KeyBanc Capital Markets' Industrial, Automotive and Transportation Conference at the InterContinental Boston Hotel in Boston, Massachusetts on Wednesday, May 29, 2013 at 9:00 A.M. Eastern Time.The slides for this presentation will be available in the Investor Relations ...
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| Automakers dealers object to rental recall bill |
May 22nd, 2013 |
Washington Automakers came under harsh criticism for opposing a bill that would require rental car companies to ground all recalled vehicles before they are repaired. At a Senate Commerce subcomittee hearing Tuesday, the president and chief executive officer of the Alliance of Automobile Manufacturers, Mitch Bainwol, came under tough questioning from several key Democratic senators. Automakers ...
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| We May All Be Driving Electric Cars In The Future But That Future Is Really Far Away |
May 22nd, 2013 |
Electrified transport is key to a lower carbon future. According to the International Energy Agency, three-quarters of new cars need to be EVs by 2050, if we're to stay within "safe" global warming limits (generally said to be 2 degrees Celsius above pre-industrial levels). To give you an idea of how many sedans that is--it's a lot. The IEA's goal is 5.9 million new EVs ...
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| Brooklyn Center auto mechanic sues claiming co-workers uttered gay... |
May 22nd, 2013 |
A mechanic says that his co-workers at a Twin Cities car dealership accosted him with gay slurs and threats and that when he complained to superiors, the company did nothing. In a lawsuit filed in Hennepin County District Court, Joel Michael Roland also says he was disciplined for "speaking in a high-pitched voice and lisping," which a customer interpreted as being demeaning to ...
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