| US auto makers post sales growth in April |
May 2nd, 2013 |
The three auto giants in the US all reported big sales gains in April as pickup sales have nearly tripled the industry sales.Detroit News quoted Ford Motor Co. as saying Wednesday that its sales rose 18 percent in April to 212,584 units, and sales of its popular F-series pickups jumped 24 percent to more than 59,000 units, the brand's best April sales since 2006. Meanwhile, Ford's ...
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| Toyota hydrogen fuel cell cars to cost under $100K |
May 2nd, 2013 |
hydrogen fuel cell concept should cost less than US$100,000 when it launches in 2015, a top Toyota executive has said. Industry journal Automotive News quotes Toyota US group vice president of strategic planningChris Hostetter who says the price of a completed hydrogen fuel cell vehicle is now just five per cent of what it was when existing prototypes were being developed. Speaking at the ...
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| Nissan Navara 40000 utes recalled over towbar defect |
May 2nd, 2013 |
Nissan has identified the attachment points on two of the Nissan Australia genuine accessory towbars fitted to Navara RX and ST-X variants can cause "excessive stress upon the chassis frame rails over time". "As a result, cracks can occur at the ends of the rails," Nissan said in a statement. "In extreme cases, sections of the chassis rails around the towbar attachment ...
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| Aston Martin Investindustrial partnership completed for $227m |
May 2nd, 2013 |
Aston Martin confirmed the completion of the 150 million partnership that sees Investindustrial claim a 37.5 per cent stake in the sports car manufacturer, saying the increase in capital underpins a new product development program worth more than half a billion pounds over the next five years. Investindustrial now joins other major Aston Martin shareholders The Investment Dar and Adeem ...
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| Californian EV maker Coda files for bankruptcy |
May 2nd, 2013 |
electric car has filed bankruptcy. Coda Holdings, Inc. filed a voluntary petition for Chapter 11 bankruptcy protection with the District of Delaware overnight, which is intended to enable the company to find a new buyer and develop a new business plan for the restructured entity. Coda Holdings CEO Phil Murtaugh confirmed the company plans to walk away from the automotive sector and focus its ...
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| Spyker B6 Venator Spyder on the way |
May 2nd, 2013 |
is set to launch before the end of the year. The Dutch supercar manufacturer confirmed its intention to introduce an open-top B6 Venator Spyder variant in the coming months in its latest financial statement. The Spyder will complement the production version of ...
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| Federal government proposes environmental ratings on improved fuel economy labels for cars |
May 2nd, 2013 |
OTTAWA -- The federal government is hoping to clean up fuel economy labels on new vehicles with better calculations for real-world driving and a new environmental rating system.Natural Resources Canada is proposing the new voluntary labels, using federal powers under the federal Energy Efficiency Act, for passenger vehicles starting in the 2016 model year. The department said in its proposal, ...
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| ISP expecting hot trucks this summer |
May 2nd, 2013 |
LAFAYETTE, Ind. (WLFI) - Last summer, spoiled food in the back of hot trucks was found almost on a weekly basis. Food that was cross contaminated and spoiled. Indiana State Police Sgt. Rich Kelly said of the hundreds of trucks stopped statewide last year carrying food 35 to 45 percent were considered hot trucks. "As far as this summer goes I still think we will have vehicles that will have ...
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| Trucks help Detroit automakers post strong April sales |
May 2nd, 2013 |
DETROIT -- U.S. automakers said Wednesday, May 1, that sales of pickup trucks rose sharply in April because of a revival in the housing market and increased demand from the oil and gas industry. The increase in truck sales fueled double-digit sales growth at all three Detroit automakers and kept the industry on track to sell more than 15 million vehicles this year. Auto analysts said the ...
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| Two-alarm fire in Remington hits art gallery auto body shop |
May 2nd, 2013 |
A two-alarm fire engulfed a building containing several auto repair shops and the artist gallery Open Space in Baltimore's Remington neighborhood Wednesday night.One firefighter was sent to the hospital for minor injuries, and firefighters were evacuated for a partial collapse of the building.The fire was reported about 6:30 p.m. and was still active as of 8 p.m. The building, at 2720 Sisson ...
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