| Rolls-Royce aero boss King makes surprise exit |
May 2nd, 2013 |
has announced the surprise departure of Mark King as boss of its key aerospace business, after only four months in charge of the newly merged division.King, who had spent 27 years at Rolls, was previously head of its civil aerospace business and became chief of the combined civil and defence aero division in January.Rolls gave no reason for his departure. A company spokesman said it was ...
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| Great Wall V240 dual-cab cut to $20990 driveaway |
May 2nd, 2013 |
is offering all dual-cab models in its V-Series ute range with $2000 cash back until June 30, effectively reducing prices to as low $20,990 driveaway. The $2000 cash back offer applies to ...
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| BMW earnings weaken Rolls-Royce sales tumble at double-digit rates |
May 2nd, 2013 |
(54 mins ago) Weak auto markets worldwide and investment in new technology dented first-quarter earnings at German automaker BMW Group, which also owns Rolls-Royce and Mini. Still, the company's drop in profit for the quarter was smaller than at German competitors Daimler AG and Volkswagen AG. Net profit fell 3 percent to 1.312 billion euros. Revenues fell 4.1 percent to 17.55 billion ...
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| French car sales decline slowed in April |
May 2nd, 2013 |
PARIS (Reuters) - France's car sales decline slowed to a 5.2 percent drop in April, according to data published on Thursday, raising hopes that auto demand may be about to stabilize. April registrations fell to 157,859 cars last month from 166,552 ...
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| Senate Revives Auto-Fee Rollback |
May 2nd, 2013 |
<p>The Florida Senate has revived a proposal to roll back automobile fees by tacking it onto an omnibus insurance bill. </p><p>Sen. Anitere Flores on Wednesday offered an amendment to the House's bill (HB 635). The Miami Republican's amendment rolls back the fees all at once. It pays for them by killing a decades-old tax break to insurance companies. ...
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| UPDATE 1-Rolls-Royces aerospace boss King to leave |
May 2nd, 2013 |
LONDON, May 2 (Reuters) - Britain's Rolls-Royce on Thursday announced the shock departure of Mark King, the highly regarded boss of its key aerospace business.Rolls, the world's second-largest maker of aircraft engines behind U.S. group General Electric, on Thursday said King, the president of its aerospace unit had decided to resign from the company at the end of June and would be ...
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| Tough auto market dents BMW earns sales in Q1 |
May 2nd, 2013 |
FRANKFURT, Germany -- Tough auto markets worldwide - including a deep slump in Europe - and investment in new technology dented first-quarter earnings at German automaker BMW AG.BMW's net profit fell 3 percent to 1.312 billion euros ($1.73 billion) as revenues declined 4.1 percent to 17.55 billion euros.The earnings figures follow a quarter in which the European car market shrank 9.8 ...
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| Nissan Pulsar ST Review |
May 2nd, 2013 |
The Nissan Pulsar ST is the base grade in the reborn small-car range, yet it is by far the most convincing model overall. Priced from $19,990 (and at the moment driveaway), the six-speed manual, 1.8-litre entry-level sedan is simple and basic, light and hugely spacious, economical and reasonably punchy. ...
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| Rolls-Royce on track for further profit growth in 2013 |
May 2nd, 2013 |
LONDON, May 2 (Reuters) - Britain's Rolls-Royce said it was on track to report good growth in underlying profit in 2013, after a strong first quarter from its civil aerospace unit.Rolls, the world's second-largest maker of aircraft engines behind U.S. group General Electric, on Thursday said it also expects to deliver modest growth in annual underlying revenues with cash flow ...
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| Auto fee rollback revived with two days left to session |
May 2nd, 2013 |
TALLAHASSEE, Fla. (AP) -- The Florida Senate has revived a proposal to roll back automobile fees by tacking it onto an omnibus insurance bill. Sen. Anitere Flores on Wednesday offered an amendment to the House's bill (HB 635). The Miami Republican's amendment rolls back the fees all at once. It pays for them by killing a decades-old tax break to insurance companies all of which was ...
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