| GM get China nod to set up $1.3bn Cadillac manufacturing unit |
May 7th, 2013 |
BEIJING - US automobile major General Motors has received regulatory approval in China to set up a $1.3billion (8 billion yen) Cadillac manufacturing plant in the country. The move is a major boost for GM, which has been keen to increase its share of the luxury car market in China, currently dominated by Audi and BMW. In 2012, the US carmaker sold close to 30,000 Cadillac cars in China as ...
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| At cautious Toyota low risk rules even as profit booms |
May 7th, 2013 |
* Operating profit for FY 2012/13 seen at 1.26 tln yen* Toyota likely met mid-term profit and margin goal in FY 2012/13* Toyota not building new plants for three yearsBy Yoko KubotaTOKYO, May 8 (Reuters) - Toyota Motor Corp refuses to be tempted away from its low-risk growth strategy, even as the world's bestselling carmaker is likely to show that it met its mid-term profit goals in the ...
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| Union Pacific Earns Nissans 2012 Logistics Carrier Conference Logistics Success Story Award |
May 7th, 2013 |
Union Pacific Railroad earned Nissan Motor Company's 2012 Logistics Carrier Conference Logistics Success Story Award, which identifies carriers and providers that went above and beyond normal expectations in the past year. Union Pacific was among 15 carriers and providers recognized during the conference. Union Pacific created an optimized shipping schedule at the Los Angeles port facility ...
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| DOT urges FCC not to award wireless spectrum without testing |
May 7th, 2013 |
Washington - The U.S. Transportation Department wants testing to be completed before the Federal Communications Commission allows the use of part of the wireless spectrum for Internet access.Deputy Transportation Secretary John Porcari said at a House Transportation committee roundtable on Tuesday that the department is working with the National Telecommunications and Information Administration ...
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| Peugeot Renault see auto output plummet industry group |
May 7th, 2013 |
PARIS (AFP) - Production by France's leading car makers, PSA Peugeot Citroen and Renault, plunged in the first quarter on the back of slowing demand in Europe, trade data showed Tuesday.A report by France's industry group for auto makers, CCFA, said Peugeot's domestic production of cars and light trucks fell by a whopping 35.7 percent in the January-March period compared with the ...
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| 2014 Jaguar F-TYPE First drive |
May 7th, 2013 |
Jaguar design chief Ian Callum and his team have made the new F-TYPE sports car resolutely modern, avoiding retro details or blatant references to the legendary E-Type. For more than a half-century, the world has awaited a new sports car ...
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| Why Are Cars Not Getting Cheap Even With Better Economies Of Scale |
May 7th, 2013 |
Balaji Viswanathan, Founder Zingfin.com The Model-T (the first cheap car) cost $850 in 1908. When you adjust for inflation, that is about $22000 now. However, it must be added that the cost of that dwindled to $260 by 1920 (about $3500 now)[2]. Although from a pure engineering/operations standpoint, the price of a product has to go down over time (due to better scale and fixed costs spread ...
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| LA edges out Honolulu for worst traffic |
May 7th, 2013 |
After being replaced by Honolulu for a year, Los Angeles once again earned the title of the most congested metro area in the country. At 5 p.m. on a Friday in 2012, the average driver wasted more than 28 minutes in traffic, according to INRIX, a traffic information and services group that collects data for individual road segments.Read ...
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| Toyota to reveal long awaited new Corolla |
May 7th, 2013 |
It was introduced in Japan in 1966, coming to the United States two years later. By 2005, Toyota had sold 30 million of them. In the United States, where drivers prefer larger cars, it's the brand's second most popular model after the Camry family ...
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| Fiesta leads Top 10 as new car sales leap 14 per cent |
May 7th, 2013 |
There were a total of 163,357 new registrations in April 2013 - a 14.8 per cent rise on the April 2012 figure, the Society of Motor Manufacturers and Traders (SMMT) said.The April 2013 increase was the 14th successive monthly rise. It took the total of new car sales for the year so far to 768,555 - a 8.9 per cent increase on the January-April 2012 total.SMMT interim chief executive Mike Baunton ...
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