| Seoul shares slip as earnings worries depress autos shipbuilders |
Apr 12th, 2013 |
Thu Apr 11, 2013 10:44pm EDT * Hyundai Mobis leads automakers declines * GS E&C dives 15 pct on earnings worries SEOUL, April 12 (Reuters) - South Korean shares declined on Friday, with auto plays and shipbuilders leading losses on concerns about weak earnings that offset positive U.S. labour data. The Korea Composite Stock Price Index (KOSPI) ticked 0.3 percent lower at 1,943.92 points as of ...
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| Russia skips hybrid cars pushes natural gas |
Apr 12th, 2013 |
MOSCOW – Igor Samarsky of the southern Russian city of Krasnodar gets fuel economy on his 1998 Lada sedan that would make a Prius owner green with environmental envy. For all of 120 rubles - about $3.80, or a little more than a gallon of regular unleaded fuel in the United States - he can drive 140 miles. The Toyota hybrid would need three gallons of gas to drive that distance. The only ...
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| Toyota Issues Airbag Recall Following Honda And Nissan |
Apr 12th, 2013 |
Toyota issued a new recall due to airbags that could deploy abnormally due to malfunctioning inflators. Japanese safety gear producer Takata Corp. manufactured the defective airbags for Toyota, as well as Honda and ...
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| Thousands of Japanese cars sold in NZ to be recalled |
Apr 12th, 2013 |
More than 6000 Japanese cars sold in New Zealand are expected to be recalled due to concerns about faulty airbags. They are part of a global recall of more than 3 million vehicles made by auto industry giants Toyota, Nissan, Honda and Mazda. The company which manufacturers the airbags for all four companies, Takata, has reported a potential safety defect in the front passenger airbag inflator ...
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| Former Ford boss says Aussie auto manufacturing demise could be inevitable |
Apr 12th, 2013 |
Jac Nasser, current chairman of mining giant BHP Billiton and former global head of Ford, has said Australia lacks the patriotic support of its car makers that other countries display and expressed pessimism about the industry’s ...
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| BMW i3 production-ready model spied |
Apr 12th, 2013 |
Although we've seen spy photos of the BMW i3 before, this test car appears completely production-ready except for the fancy paint. It keeps the i3 concept's slim twin-kidney BMW grille and headlights, but gets a less angular front bumper with only a small, wide front air dam mounted ...
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| Fiat Viaggio Wagon Heading to China; Will We Get a Dodge Dart Wagon? |
Apr 11th, 2013 |
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Rumors have been floating around that Fiat is working on a wagon version of its Viaggio, basically the same car as the American Dodge Dart. Drawings surfaced on Chinese webpages, with the theory that they were leaked from a Fiat product presentation. These renderings portray sleek wagon-like bodywork that will appeal to the younger car [...]
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| Could Oil-Lovin’ Texas Be Home to a Tesla Plant? CEO Says It’s On The List |
Apr 11th, 2013 |
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Tesla Motors is a company on the move these days. After testifying in front of Texas’ Assembly this week to lift the state’s laws on company-owned franchises, CEO Elon Musk said there’s a distinct possibility that the electric car maker could open its next plant in the Lonestar State. “When we do establish a manufacturing [...]
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| All-American Ford Explorer to be Built in Russia |
Apr 11th, 2013 |
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For the first time in the vehicle’s history of the vehicle, the Ford Explorer will be produced outside of the U.S. at Ford Sollers Elabuga Assembly Plant in the Republic of Tatarstan, solely for the Russian market. Before this, only partially assembled Explorers were built outside of the states, including the Russian plant. As consumers [...]
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| Behind the Wheel: 2013 Ford Focus ST |
Apr 11th, 2013 |
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America hasn’t made a good sport compact in a few years. The last one worth remembering was the Chevrolet Cobalt SS. Before that, the SVT Ford Focus was something we could have pride in, complete with a 170-horsepower, 2.0-liter four-cylinder engine. Its life was cut short in the U.S., but the little hot hatch kept [...]
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