| Big Wheels Equal Big Replacement Costs |
Apr 3rd, 2013 |
It's early spring, and pothole season is in full bloom. On your way to work one morning, as you step on the gas to make a green light, you spot a pothole big enough to swallow ...
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| Recall Alert 1.7 Million Hyundai and Kia Vehicles |
Apr 3rd, 2013 |
Hyundai and Kia are recalling approximately 1.7 million vehicles because of a brake light problem, the National Highway Traffic Safety Administration reports. According to the agency, 1,059,824 Hyundai vehicles are affected, ...
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| German car sales plunge 17.1 |
Apr 3rd, 2013 |
FRANKFURT (AFP) - New car registrations in Germany, a key measure of demand in one of the most crucial sectors of Europe's top economy, fell sharply in March, data showed on Wednesday.Some 281,184 cars were registered last month, a drop of 17.1 percent compared to the same month in 2012, according to the official KBA agency.Over the first three months of the year combined, 673,957 cars were ...
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| Tesla drops on doubts about financing offer |
Apr 3rd, 2013 |
Tesla Motors Inc., the maker of electric cars led by billionaire Elon Musk, declined after analysts questioned whether a new lease-style financing offer will boost demand for the company's Model S.Tesla fell 7 percent to $41.22 at 10:13 a.m. in New York trading. The shares closed at a record $44.34 Tuesday, pushing the stock's gain to 31 percent for the year and topping a 10 percent ...
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| GM joint ventures set sales records in China |
Apr 3rd, 2013 |
General Motors Co. said Wednesday that the automaker and its joint ventures set March and first quarter sales records in China.GM and its joint ventures sold 290,538 vehicles in March, up 12.6 percent from March 2012. Shanghai GM's March sales jumped 15.2 percent to set a March record with 126,785 vehicle sales. SAIC-GM-Wuling sales also rose 10.9 percent to 155,065 vehicles and ...
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| Special report How the Fed fueled an explosion in subprime auto loans |
Apr 3rd, 2013 |
Jeffrey Nelson poses with his truck in rural Walker County in Alabama March 28, 2013. (Marvin Gentry/Reuters) (MARVIN GENTRY) JASPER, Alabama (Reuters) - Thanks largely to the U.S. Federal Reserve, Jeffrey Nelson was able to put up a shotgun as down payment on a car. Money was tight last year for the school-bus driver and neighborhood constable in Jasper, Alabama, a beaten-down town of 14,000 ...
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| Two cops hurt when Steak n Shake robbers ram police cars in St. Charles |
Apr 3rd, 2013 |
o Two St. Charles officers suffered minor injuries when their patrol cars were rammed early Wednesday by a getaway car used by armed robbery suspects, police say.The robbers, both 18, were arrested.The robbery happened at Steak 'n Shake, 2221 First Capitol Drive, at 4 a.m. Wednesday.St. Charles Police Officer Erik Lawrenz said the two robbers had something covering their faces when they came ...
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| Fed-Fueled Auto Loans Stoke Subprime Fears |
Apr 3rd, 2013 |
Chrysler Dodge Jeep had no problem arranging a $10,294 loan from Wall Street-backed subprime lender Exeter Finance so Nelson and his wife could buy a charcoal gray 2007 Suzuki Grand Vitara. All the Nelsons had to do was cover the $1,000 down payment. For most of that amount, Maloy accepted Jeffrey's 12-gauge Mossberg & Sons shotgun, valued at about $700 online. In the ensuing months, ...
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| February new car sales in overdrive |
Apr 3rd, 2013 |
The San Diego New Car Dealers Association reports that in February, locals bought 20,061 new cars. That's a 22.8 percent increase over the 16,341 new cars sold in February ...
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| Baseball-sized hail damages cars in Texas |
Apr 3rd, 2013 |
Hail rained down on Hitchcock, Texas, causing hundreds of thousands of dollars' worth of damage to buildings and cars. The local police department says seven out of its 11 cruisers were seriously ...
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