| Chevy Selling Nissan Vans |
May 14th, 2013 |
General Motors is getting into the small cargo van business, with a little help from Nissan. The automaker today unveiled plans to introduce a Chevrolet version of the Nissan NV200 next year. Details are scarce, but based on the photos released with the announcement, the Chevrolet City Express looks nearly identical to the NV200, aside from logos and a new front fascia. The NV200 currently ...
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| GM Borrows Nissans NV200 |
May 14th, 2013 |
van will wear a new brand badge in 2014. General Motors and Nissan announced today that the NV200-based Chevrolet City Express will go on sale in the fall of 2014. Nissan will manufacture the small cargo van, and Chevrolet will sell it through its dealer network in the U.S. and Canada. Nissan currently sells the NV200, which uses a 2.0-liter four-cylinder engine, in several global markets. In ...
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| Harris survey 6 in 10 predict demise of terrestrial radio within 5 years |
May 14th, 2013 |
Nearly 60 percent of Americans predict the death of terrestrial radio will happen within five years, according to results from a Harris Interactive survey released Tuesday. Market research firm Harris, on behalf of Stitcher, an on-demand Internet radio service, surveyed 2,066 U.S. adults last month, and found that most adults are choosing on-demand media sources such as Pandora and TuneIn over ...
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| Ally reaches ResCap creditor deal that should allow U.S. exit |
May 14th, 2013 |
Washington - Ally Financial Inc. reached a deal Tuesday that should allow its troubled mortgage unit Residential Capital LLC to complete its bankruptcy restructuring. The move will likely allow the U.S. Treasury - which holds a 74 percent stake in Detroit-based auto lender Ally as part of $17.2 billion in bailouts - to begin to exit. Ally said it reached a deal with ResCap's major creditors ...
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| 8 Indicted in New York Over $2M Staged Auto Accident Conspiracy |
May 14th, 2013 |
New York authorities indicted eight defendants last week with mail fraud and conspiracy to commit mail fraud in connection with a scheme to defraud multiple insurance companies. According to the indictment, these defendants allegedly staged auto accidents and later falsely claimed that they sustained physical injuries as a result of the accidents. Authorities charge that, beginning in March ...
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| Tesla Model S gets top score |
May 14th, 2013 |
Inside, the car looks like something Marty McFly might have brought "back from the future" in place of his iconic fusion-powered DeLorean. A giant 17-inch touch screen glows in the center of the dashboard, controlling everything from high-res Google Earth maps to opening the sunroof, setting the responsiveness of the regenerative brakes, and adjusting the suspension ride height. In all, ...
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| U.S. probes complaints that engines can stall on 192000 Chrysler vehicles |
May 14th, 2013 |
U.S. auto safety regulators are investigating complaints that the engines can stall without warning in three Chrysler and Dodge brand cars.The probe covers more than 192,000 Chrysler 300C luxury cars, Dodge Charger muscle cars and Dodge Magnum wagons from the 2006 model year. The cars have 5.7-litre or 6.1-litre V-8 ...
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| Study Millennials not so in love with their cars |
May 14th, 2013 |
More young people living in urban areas Americans are driving less, the young aren't as anxious to get their driver's licenses, trips on public transit or by bicycle are growing -- so it's time for policy to adapt.That's the basic message of a new study being released Tuesday by the U.S. Public Interest Research Group. The study says that Americans enjoyed six decades of ...
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| Feds probe engine stalls on 192000 Chrysler 300Cs Chargers Magnums |
May 14th, 2013 |
Federal regulators are probing engines stalls on 192,000 Dodge Chargers, above, and Magnums and Chrysler 300Cs. Several of the drivers who have filed complaints reported multiple stall incidents, according to federal ...
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| Fitch Expects to Rate Nissan Auto Lease Trust 2013-A Presale Issued |
May 14th, 2013 |
Fitch Upgrades Greece to 'B-'; Outlook Stable Fitch Ratings has upgraded Greece's Long-term foreign and local currency IDRs to 'B-' from 'CCC'. The Short-term foreign currency IDR has also been upgraded to 'B' from 'C' and the Country Ceiling upgraded to 'B' from 'B-'. The Outlook on the Long-term IDRs is Stable. The ...
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