| Volkswagen developing 10-speed DSG high-performance diesel engine |
Apr 29th, 2013 |
has given a revealing insight into its next-generation powertrain technology, confirming development of a 10-speed DSG, a high-performance diesel engine and a focus on plug-in hybrid and natural gas propulsion systems for its future vehicles. Speaking at the ...
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| Use of electric cars minimal suggests SA charging station patronage levels |
Apr 29th, 2013 |
The operator of a government-funded electric car service station in the Adelaide Hills says his facility has only been used half a dozen times in the last six months. Grahame Murray, the station’s owner, suggested that the federal government needed to do more to make electric cars affordable, such as dropping tariffs. His recharging point received a $4,000 grant to get set up from the SA ...
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| Bugatti Veyron Grand Sport Vitesse world record run video |
Apr 29th, 2013 |
- the world’s fastest roadster. The Bugatti Veyron Grand Sport Vitesse clocked a top speed of 408.84km/h at Volkswagen’s Ehra-Lessien proving ground several weeks ago to claim the record. Bugatti will build eight units of ...
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| Mitsubishi UFJ eyes $4 bln Morgan Stanley assets-Bloomberg |
Apr 29th, 2013 |
NEW YORK, April 28 (Reuters) - Japan's Mitsubishi UFJ Financial Group is in discussion to buy trust-banking assets worth about $4 billion from Morgan Stanley, in the bank's latest bid to expand its business abroad, Bloomberg said on Sunday.The report, citing two people with knowledge of the matter who asked not to be identified, said UnionBanCal Corp, a Mitsubishi unit based in ...
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| Two collisions on 101 freeway in Woodland Hills involve 6 cars including prom attendees |
Apr 29th, 2013 |
WOODLAND HILLS - Two collisions involving six cars closed the Ventura (101) Freeway in Woodland Hills for about an hour Sunday morning, the California Highway Patrol and a video photographer at the scene said. It started with two cars crashing into the center divider at about 12:20 a.m., on the eastbound Ventura Freeway just east of DeSoto Avenue, said California Highway Patrol Officer Cheyenne ...
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| Honda takes back cars for repairs |
Apr 29th, 2013 |
Honda has told customers it is recalling nearly 46,000 Fit Sport small cars in the US and Canada. The auto company has said it needs to fix a problem with the electronic stability control system. Faulty stability control systems in the model have been known to allow the car tilt too far before it automatically applies the brakes to prevent a crash. The recall will affect cars from 2012 ...
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| UPDATE 2-Chrysler earnings down 65 pct on product launches |
Apr 29th, 2013 |
By Bernie WoodallDETROIT, April 29 (Reuters) - Chrysler Group LLC said on Monday quarterly profit fell 65 percent as it absorbed the costs of new-vehicle launches.The No. 3 U.S. automaker, which emerged from a government-sponsored bankruptcy four years ago, stood by its financial forecasts for 2013, including net income of $2.2 billion, up from $1.7 billion in ...
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| Chrysler Profit Tumble Reminds That Every Launch Is Important |
Apr 29th, 2013 |
Chrysler Group reported a first-quarter profit swoon today, blaming it largely on the costs of the upcoming launch of the 2014 Jeep Grand Cherokee and the continuing rollout of the 2013 Ram Heavy Duty pickup truck. Both vehicles already have scored successes, in different ways. The Grand Cherokee's striking new design and substantial overhaul have lent the company some much-needed ...
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| Chrysler Earnings Stall on Costly Launches |
Apr 29th, 2013 |
quarterly profit fell 65 percent as it absorbed the costs of new-vehicle launches, the company said on Monday. The No. 3 U.S. automaker also reaffirmed its financial forecasts for 2013, including net income of about $2.2 billion. "We remain on track to achieve our business targets, even as the first-quarter results were affected by an aggressive product launch schedule," said Sergio ...
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| Chrysler earnings plunge on model changes |
Apr 29th, 2013 |
New engine for Dart will be designed...to boost sagging sales Chrysler Group said it earned $166 million in the first quarter, down 65% on revenue of $15.4 billion, down 6%.Chrysler said the quarter was negatively affected by reduced vehicle shipments that resulted from ...
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