| RPT-Fitch Affirms Honda at A Outlook Stable |
May 8th, 2013 |
May 8 (Reuters) - (The following statement was released by the rating agency)Fitch Ratings has affirmed Japan-based Honda Motor's (Honda) Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at 'A' and its Short-Term Foreign and Local Currency IDRs at 'F1' respectively. The Outlook is ...
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| Toyota profit more than doubles on yen cost cuts |
May 8th, 2013 |
Toyota's profits more than doubled to 313.9 billion yen ($3.2 billion) in the three months from January to March. Cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback. Toyota reported a 121 billion yen profit for the same quarter the previous year. The world's top-selling car maker said today it expects the strong results to continue ...
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| Toyota reports group net profit up nearly 240 pct on weaker yen |
May 8th, 2013 |
Toyota Motor Corp. said Wednesday its group net profit in the business year ended March increased 239.3 percent from the year before to 962.16 billion yen on the support of a weaker yen and robust sales in North America and Asia.Its consolidated operating profit surged 271.4 percent to 1.32 trillion yen on sales of 22.06 trillion yen, up 18.7 percent.The automaker also said it expects to book a ...
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| A visit to Shanghai Auto Museum |
May 8th, 2013 |
The outside of Shanghai Auto Museum. [Photo/Chinapic.people.com.cn] Shanghai Auto Museum, the first dedicated auto museum in China, is located in the Auto Expo Park of Shanghai International Automobile City. The museum covers an area of 28,000 square meters, and its exhibition area exceeds 10,000 square meters. With more than 400 million yuan's investment, it was completed on Oct. 24, ...
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| Porsche Martini revive iconic relationship for 2013 |
May 8th, 2013 |
for the first time since 2008 this year as the German brand readies for the start of the Porsche Mobil 1 Supercup racing series and a cameo drive by rally ace Sebastien Loeb. The revived relationship occurs in a year that ...
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| Toyota 86 rival on GM’s wish list report |
May 8th, 2013 |
is on his wish list. Speaking with industry journal Automotive News, GM North America president Mark Reuss said he believed a rival for the likes of ...
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| Skoda Rapid Sport concept to debut at Worthersee |
May 8th, 2013 |
Skoda Rapid design, the Czech manufacturer’s Sport concept is finished in two-tone metallic Steel Gray and Corrida Red with red highlighted again on the 19-inch alloy ...
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| Potential for luxury cars |
May 8th, 2013 |
/enpproperty--> The headline-making slowdown in sales of luxury cars in China has triggered concern among automakers, but given the vast market and expanding middle class, it is too early to predict the boom is at an end. The growth of China's premium car sales slumped to 4 percent year-on-year in the first three months, compared with 17 percent for the light vehicle segment. The ...
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| Amazing video as police chopper tracks caravan of speeding cars on B.C. highway |
May 8th, 2013 |
West Vancouver Police, Squamish RCMP and Air One, the Lower Mainland Traffic Safety Helicopter team up May 03, 2013 to stop eight drivers travelling at excessive speeds on Highway #99. This is the Air One ...
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| Musk Teslas Next-Gen Cars May Feature Autopilot |
May 8th, 2013 |
talking with Google about integrating the search company's self-driving car technology into next-generation Tesla autos. He prefers to call it "autopilot" instead of "self-driving" and considers the it to be the next logical step in automotive world tech. Google won't confirm to us - or deny - that official talks have been taking place. And Musk himself ...
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