| California boy 13 confesses to driving dads car hitting 2 cars |
May 1st, 2013 |
A California boy, 13, confessed to driving his father's car, hitting two parked vehicles in a school parking lot and fleeing, police said. The boy's 21-year-old brother Tuesday night was, with his father's knowledge, driving his father's Nissan Frontier SUV. The 13-year-old and his friend were passengers in the car, U-T San Diego reported. While in the parking lot at around ...
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| Chryslers U.S sales rise in April |
May 1st, 2013 |
DETROIT Strong demand for the Ram pickup truck helped drive Chrysler's sales up 11 percent last month as the company posted its best April in six years. The increase is another sign that Americans continue to buy cars and trucks despite high unemployment and mixed economic signals. All automakers report monthly sales Wednesday, and industry analysts expect an overall increase of around 10 ...
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| Ex-GM engineers husband gets 3 years in prison for stealing trade secrets |
May 1st, 2013 |
Detroit - A former General Motors Co. engineer was sentenced to a year and a day in prison and her husband was sentenced to three years in prison for stealing hybrid technology trade secrets from the carmaker to help develop vehicles in China.Yu Qin, the husband of ex-GM employee Shanshan Du, was accused of using the Detroit-based carmaker's data to seek business ventures or employment with ...
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| General Motors pulls objectionable China ad |
May 1st, 2013 |
The US auto giant General Motors has withdrawn a global advertisement which refers to China as the land where people say "ching-ching, chop suey" after admitting it contains "objectionable lyrics."The television advert for the Chevrolet Trax SUV, one of GM's latest car models, had been running in Canada since early April and was also posted onto Chevrolet's European ...
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| General Motors urges Obama and Congress to unite on climate change |
May 1st, 2013 |
climate change on Wednesday, saying the effort would be good for business.GM, which makes the plug-in Chevy Volt, was the first of the big three car makers to sign on to a new push from the business world for greater action on global warming from ...
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| Fitch Publishes Latest U.S. Auto ABS Quarterly Index Report |
May 1st, 2013 |
Basel III Driving Innovation for Commercial Paper The introduction of Basel III liquidity coverage ratios (LCR) is, over time, expected to increase the cost and/or reduce the availability of bank liquidity support to certain short-term commitments, resulting in issuers looking at alternative commercial paper solutions, according to a new report by Fitch Ratings. The recent Basel III LCR ...
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| Top 10 Best-Selling Cars April 2013 |
May 1st, 2013 |
sales spiked 52% -- despite similar year-over-year incentives on both and lower dealership supply for the Escape. It may seem bizarre that the Altima, then, isn't among the top 10 best-sellers. It's been there for ninth months straight, ...
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| Mercedes extends lead over BMW in U.S. with gain in April |
May 1st, 2013 |
Daimler AG's Mercedes-Benz extended its lead over BMW AG in the U.S. luxury sales race, with a 5.8 percent gain in April.Sales for the Mercedes brand rose to 23,635 in April, led by gains for the C-Class sedan and M-Class sport-utility vehicle. The BMW brand posted a 10 percent increase in April to 23,225, the Munich-based company said Wednesday in a statement.The April results widened ...
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| Volt sales fall 11 percent in April Nissan Leaf reports strong sales |
May 1st, 2013 |
Washington - General Motors Co. said Volt sales fell by 11 percent in April, while the lower-priced electric Nissan Leaf reported a second straight month of strong sales.Volt sales fell to 1,306, and are now up just 3.2 percent for the year.Recently lower gas prices have been a factor in struggling electric vehicle sales, but automakers are still rolling out lots of new EVs this year to meet ...
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| Best auto repairs to increase mpg |
May 1st, 2013 |
With America's increasingly mobile lifestyle, and with fluctuating gas prices eating away at budgets, many people today put a premium on fuel economy whether they're buying a new car or continuing to drive the same vehicle for years. While fuel-efficient driving, such as avoiding heavy accelerating and braking, can make a difference in going farther between fill-ups, regular and proper ...
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