| Danish boys 6 and 7 steal car for joy ride |
May 8th, 2013 |
Police in Denmark said two young boys, ages 6 and 7, stole a car from the care facility where they live and went for a joyride. Investigators said the boys, from Nykobing Falster, escaped the 24-hour care facility through a window and stole the keys to a Toyota Aygo that belongs to the facility, The Copenhagen Post reported Tuesday. Henrik Karlsen, a spokesperson for Southern Zealand and ...
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| Toyota likely to forecast operating profit of $18 bln for FY1314-NHK |
May 8th, 2013 |
TOKYO, May 8 (Reuters) - Toyota Motor Corp is likely to forecast an annual operating profit of 1.8 trillion yen ($18.17 billion) for the financial year ending March 2014, public broadcaster NHK reported on Wednesday.Toyota is set to announce its fourth quarter earnings for the year ended March 2013 and this financial year's outlook at 0600 GMT on ...
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| Penske Racing team celebrates partial victory in appeal | Auto racing |
May 8th, 2013 |
Penske Racing celebrated a partial victory Tuesday when NASCAR's chief appellate officer issued a mixed ruling on penalties levied against the ...
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| Holden announces second-biggest loss in history |
May 8th, 2013 |
has announced a net loss of $152.8 million for the 2012/2013 financial year - the second largest in its history - a result it blames predominantly on reduced demand for its Australian-made vehicles. The local manufacturer confirmed its consolidated revenue fell from $4.3 billion in 2011 to $4.0 billion last year, reflecting lower sales of the South ...
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| Local parts supplier shifts production to Thailand up to 90 jobs to go |
May 8th, 2013 |
will shift part of its production from Adelaide to Thailand, at a cost of up to 90 local jobs. A supplier of rear-view mirrors, indicators and door handles for local ...
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| Fitch Affirms Porsche Financial Auto Securitization Trust 2011-1 |
May 7th, 2013 |
Coupons Shrink as U.S. Corporate Bond Market Churns and Expands The par weighted average coupon of outstanding fixed rate U.S. corporate bonds fell to a new low of 5.6% at the end of March, down from 5.7% at year end and 6.1% a year ago, according to Fitch Ratings. Financial and nonfinancial entities have both reaped the benefits of the extraordinary demand for corporate credit as yield ...
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| Recall Alert 2002-2003 BMW 3 Series |
May 7th, 2013 |
has expanded to German carmaker BMW. Today, the National Highway Traffic Safety Administration released the recall of 42,080 BMW 3 Series models from the 2002 and 2003 model years for defective air bags. The recall includes 2002-03 325i, 325xi, 330xi sedans; 325Ci and 330Ci coupes and convertibles; 325iT and 325xiT Sports Wagons and M3 coupes and convertibles. In these models, the ...
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| Ralph Lauren shows off $700K supercar |
May 7th, 2013 |
What do you buy for the car collector who has everything?Apparently, an RUF CTR-3.Ralph Lauren, the fashion mogul and vintage-car collector, recently took delivery of an RUF CTR-3, according to people familiar with the deal. Lauren was snapped by the car-parazzi taking it for a spin recently in the Hamptons.A spokesman for Lauren declined comment.For super-rich car collectors, the RUF is one of ...
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| Chrysler Really Connects With 8.4-inch Touch-Screen |
May 7th, 2013 |
Chrysler's massive 8.4-inch touch-screen available in Dodge, Jeep, Chrysler, Ram and SRT models is one of the few multimedia systems to integrate dozens of tasks without overwhelming users. Tasks including smartphone integration, navigation, Satellite radio and more pair with climate control functions in one easy-to-use 8.4-inch command center versus an unwieldy combination of knobs, buttons ...
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| Tesla talking to Google about driverless electric cars |
May 7th, 2013 |
Such a system could give Tesla a key edge Tesla Motors CEO Elon Musk is talking to Google about adding driverless technology to its electric cars, Bloomberg News reports.If the two were ever to collaborate, it could give Tesla a key technical advantage over other luxury car makers beyond its unique electric powerplant, which gives its the longest range of any electric cars. It is EPA rated at 265 ...
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