| Lear agrees to deal with pair of investment firms |
Apr 1st, 2013 |
New York - Auto parts supplier Lear said it has a deal with a pair of investment firms under which it will accelerate its share buyback program while the firms who hold a combined 5.6 percent stake in Lear drop their nominees to its board.Lear shares rose modestly on word of the deal in morning trading Monday.In February, Marcato Capital Management and Oskie Capital Management sent a letter to ...
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| 1 dies after walking in front of cars |
Apr 1st, 2013 |
JASPER COUNTY, Ind. (WISH) - An Indianapolis woman was killed Sunday night when she walked out in front of traffic on Interstate 65 in Jasper County. A release says Betty Rush, 66, walked out into the right lane from the outer shoulder of I-65 north for unknown reasons. Police say she was hit by several vehicles including a Gary man who told police he could not avoid hitting Rush, and a semi. The ...
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| Political Blotter Rep. Mike Honda leads lawmakers in urging gun-trace rules reform |
Apr 1st, 2013 |
Rep. Mike Honda, D-Campbell, has led 42 other House members in urging the Obama administration to omit from its budget amendments that block law enforcement from being able to track firearms used in crime.The Tiahrt Amendments are a set of policy riders that have been attached, for the last nine years, to annual appropriations bills. They prohibit the Bureau of Alcohol, Tobacco, Firearms and ...
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| The sedan for Honda Accord fans looking for bragging rights |
Apr 1st, 2013 |
Honda will never be considered a serious global car company until its Acura division is taken seriously as a luxury brand.And no premium car company will ever be on the short list of rich buyers without presenting a credible challenge to the BMW 5-Series, Mercedes-Benz E-Class and Audi A6. The Germans set the standard here. If you want to know what each brand stands for in a complete way, test ...
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| Honda Hyundai hike car prices by up to Rs 10000 |
Apr 1st, 2013 |
Hyundai Motors India on Monday said they have hiked prices of their vehicles by up to Rs 10,000 to offset increased cost of on board diagnostic compliance changes (OBDC). ...
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| TESLA Were Selling More Cars Than We Expected And Were Now Profitable |
Apr 1st, 2013 |
Tesla Motors (NASDAQ: TSLA) announced today that sales of its Model S vehicle exceeded the target provided in the mid February shareholder letter. As customers who note their Model S serial number this weekend will realize, vehicle deliveries (sales) exceeded 4,750 units vs. the 4,500 unit prior outlook. As a result, Tesla is amending its Q1 guidance to full profitability, both GAAP and non-GAAP. ...
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| Brazils Government Extends Tax Cut for Auto Purchases |
Apr 1st, 2013 |
The Brazilian government has extended a tax cut on automotive purchases to the end of this year, as part of its effort to fuel the domestic economy and also contain inflationary ...
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| GM new V-8 pickup trucks to get 23 mpg on highway |
Apr 1st, 2013 |
DETROIT -; General Motors says its new Chevy Silverado full-size pickup truck will get 23 miles per gallon on the highway with 5.3-liter V-8 engines. The company says that's a little better than all of its V-8-equipped ...
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| Recall Alert 2013 Nissan Titan NV Commercial Van |
Apr 1st, 2013 |
commercial van due to a problem with the transmission shift lever, according to the National Highway Traffic Safety Administration. The affected vehicles were manufactured from Jan. 22 through Feb. 20, 2013 (check your vehicle's build date on a sticker on the driver-side doorjamb) and have faulty steering column-mounted transmission levers. In these vehicles, chemicals from the ...
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| 2013 New York Auto Show Winners and Losers Luxury Cars |
Apr 1st, 2013 |
There was a heavy concentration of new and redesigned luxury cars at this year's New York International Auto Show, and they spanned the price spectrum from the relatively affordable Acura MDX to the nearly unobtainable Rolls-Royce Wraith. Editors Joe Bruzek, Joe Wiesenfelder, Aaron Bragman and Mike Hanley pick the winners and losers of the show below. Check out our rankings of mainstream ...
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