| GM to spend $200M revamping dealers on both coasts |
May 13th, 2013 |
General Motors Co., which has underperformed competitors on the West and East coasts for decades, will spend more than $200 million to help dealers in metropolitan areas of California, New York and New Jersey update showrooms, and in some cases move or shutter them, according to sources familiar with the company's plan.The plan - above and beyond GM's facility improvement program that ...
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| Survey shows relationship between automakers suppliers fragile |
May 13th, 2013 |
New fuel-efficient cars and luxury-loaded pickups are driving the U.S. auto industry back from the depths of the Great Recession. Sales are up, profits are bountiful and manufacturing plants now hum at full capacity.Automotive suppliers share a similar experience, but there remains a disconnect between the expectations of suppliers and the realities of automotive manufacturing, according to a ...
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| CAL on auto pilot |
May 13th, 2013 |
Who's minding the store?Yesterday, the Sunday Express reported on the millon-dollar write-off at national carrier Caribbean Airlines (CAL) in the midst of the company's financial turbulence.Part 2 today considers whether CAL is being run in the best interest of its shareholders, the governments of Trinidad and Tobago and Jamaica, by the people appointed to manage it.It's the ...
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| Bowler EXR S Range Rover-based rally car set for the road |
May 13th, 2013 |
Range Rover Sport , the 410kW/625NmBowlerEXR S has been developed in direct response to customer demand for a road going version of Bowler’s 221kW/582Nm EXR rally car. Designed with the strength and weight distribution characteristics of the rally car, but free of any racing regulations, the EXR S uses aBowler-tuned version ...
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| Miami Man Puts Stars In Fancy Cars |
May 13th, 2013 |
MIAMI (CBS4) - A Miami man's dreams have become reality after he created his own business putting stars in his fancy cars. It is safe to say that Steve Kessler, President of Kessler Auto Group, knows a lot about cars. With more than 30 years experience in the high-end car business, he’s known in the industry as the ';The Exotic Car Specialist to the Stars." In his North ...
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| Maruti to gain from Mazda deal |
May 13th, 2013 |
Mazda for contract manufacturing of Ertiga MPV. The Indian car major will get an opportunity to sell petrol-engine kits of the Ertiga under the deal as it currently supplies the model in CKD (completely-knocked down) kit form to Suzuki Indonesia. The Indonesian market for MPVs is very strong and is believed to account for a substantial portion of the estimated one million vehicles sold in the ...
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| Auto loans driving household debt |
May 13th, 2013 |
We've heard it all before: Canadian households are tapped out and can't afford to take on new debt.But what you rarely hear is a distinction of the different types of debt involved in this calculation. We often focus on mortgages because housing has been so hot, and don't pay much attention to things like credit cards, home equity lines and auto ...
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| 2014 Peugeot 308 revealed |
May 13th, 2013 |
has been unveiled by the French car maker, though Australian customers have another year to wait before they can buy it. Peugeot's new-generation small car retains the 308 rather than moving to 309 as part of ...
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| Jeep Grand Cherokee Commander 5000 cars recalled locally |
May 13th, 2013 |
Jeep Grand Cherokee (pictured top) and Jeep Commander (pictured below) models affected were built between 2005 and 2010 and are part of a global recall of about ...
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| Vintage trucks display opens |
May 13th, 2013 |
A 1946 Maple Leaf three-ton tractor, top and left, and a 1951 Chev pickup, right, are at the vintage truck exhibit opening at the B.C. Vintage Truck Museum in Cloverdale on ...
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