| Hondas annual net profit soars to $3.7 billion |
Apr 26th, 2013 |
Honda said today its net profit for the year to March soared 73.6 per cent to $ 3.7 billion, thanks to robust overseas sales, a weaker yen, and cost cutting. The rosy bottom line figure underscores a recovery among the nation's major automakers after Japan's quake-tsunami disaster in 2011 devastated sales and production, and highlighted strong demand in the key Asian and US markets. The ...
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| GM sets starting price of 14 Corvette Stingray at $51995 |
Apr 26th, 2013 |
General Motors Co. said Friday its all-new 2014 Chevrolet Corvette Stingray coupe will be priced starting at $51,995 - just $1,400 above the 2013 model starting price.The seventh-generation Corvette will go on sale this summer. The 2014 Corvette Stingray Convertible starts at $56,995 - also $1,400 above the 2013 model.Keeping the price manageable - with more performance and technology than the ...
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| Auto supplier plans major plant in Riverside |
Apr 26th, 2013 |
An auto supply company announced plans on Friday to build a $45 million production plant in Riverside that will employ more than 260. Yanfeng USA Automotive Trim Systems will build the plant. The facility will make interior trim, including door panels, floor consoles and instrument panels for General Motors plans in Kansas City, Kan., and Wentzville, Mo. Work on the 258,000-square-foot plant will ...
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| Motoring review Ford Kuga Titanium AWD |
Apr 26th, 2013 |
This is the all-new Ford Kuga and, unlike most cars which manufacturers claim to be "all-new", this one really is. Aside from its ridiculous name (it's either a misspelling of a predatory animal or a predatory older woman) the Kuga is actually rather different from the model it replaces, which is odd, because the old Kuga only launched in 2008.Part of the reason for this is that, ...
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| Recall Alert 2014 Subaru Forester |
Apr 26th, 2013 |
has been on sale for only a few weeks, but it's already being recalled. Subaru is recalling 10,137 units of the compact crossover due to problems with the floormats, according to the National Highway Traffic Safety Administration. The affected vehicles were manufactured from January through March 2013 (check your vehicle's build date on a sticker on the driver-side doorjamb) and use ...
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| Renault says Nissan to make Micras in France |
Apr 26th, 2013 |
PARIS (AFP) - Renault said Friday its Japanese partner Nissan would manufacture the next generation subcompact Micra model at a factory in France, just a month after reaching a wage and working hours deal with French employees.The new Micra will be manufactured at the Renault plant at Flins, near Paris, from 2016 with output reaching 82,000 vehicles per year, the companies said in a ...
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| Peugeot restructuring plan for France cleared by Paris court |
Apr 26th, 2013 |
PSA Peugeot Citroen, Europe's second-largest automaker, can move forward with the elimination of 11,200 jobs and a factory closing after a French court threw out a legal challenge from two unions to the plan."The plaintiffs don't formulate any precise criticism of the planned measures and thus don't prove there is any lacking element," Judge Anne Lacquemant said in her ...
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| One killed in Smyrna Nissan plant accident www.privateofficer.com |
Apr 26th, 2013 |
Nissan has confirmed one person died in the accident reported at the company’s vehicle assembly plant in Smyrna this morning. ';Emergency response authorities are on-site and working to confirm details of the incident,'; Nissan spokesman Justin P. Saia said in a statement. ';Our deepest sympathies are with those affected by this tragedy, as well as the family of the ...
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| GM wants tough punishment in hybrid secrets theft |
Apr 26th, 2013 |
DETROIT (AP) -- General Motors is urging a judge to order a long prison sentence for two people convicted of stealing hybrid vehicle technology for potential use in ...
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| Tesla Model S tops GM Volt in North American plug-in car race |
Apr 26th, 2013 |
Tesla Motors Inc., the luxury battery-car company run by billionaire Elon Musk, is North America's rechargeable auto sales leader so far this year as its Model S sedan passed General Motors Co.'s Chevrolet Volt.Tesla expects to report at least 4,750 deliveries of the electric Models S in the U.S. and Canada when it releases first- quarter results on May 8, said Shanna Hendriks, a ...
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