| CORRECTED-European car sales fall 10.2 percent in Feb |
Mar 19th, 2013 |
Tue Mar 19, 2013 3:26am EDT (Corrects first paragraph to show that February sales were not lowest since records began) MILAN, March 19 (Reuters) - Europe's new car market shrank a further 10.2 percent in February, according to figures from the Association of European Car Manufacturers on Tuesday. Ford, General Motors and Fiat were the worst performers, as European car registrations fell to ...
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| Chrysler output boom irks workers as Fiat idles plants |
Mar 19th, 2013 |
DETROIT, Michigan (AFP) - With auto sales in Europe stalled, Fiat is pushing Chrysler to boost production at key US plants over the opposition of blue-collar workers who don't like the new work schedules.Less than four years after Chrysler was saved from certain death by a government-backed bankruptcy and steered back to profitability by Fiat, a growing number of workers are complaining that ...
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| Shed and cars torched in Antrim |
Mar 19th, 2013 |
In the first attack at 8.50pm a shed was set alight in the Meadow area.Ten minutes later it was reported to police that a car had been set on fire and extensively damaged in the Kintyre area.Finally, around 9.05pm a car windscreen was smashed in the Islay Street area.Last nights attacks come after a series of arson attacks on vehicles in Antrim over the weekend.Anyone who witnessed any of the ...
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| Reform of commercial auto insurance sector to see progress |
Mar 19th, 2013 |
/enpproperty--> The reform of the rates for the commercial auto insurance sector is expected to see material progress in the first half of 2013, with more insurers having a bigger say in policy pricing, said an industry expert on Tuesday. Barry Man, partner for the global financial services industry at Deloitte, said the reform will probably begin with an additional insurance rate. ...
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| Police officers to sue owners of stolen cars if they are injured during chase |
Mar 19th, 2013 |
19 March 2013 Police officers in Northern Ireland are lodging personal injury claims against victims of car crime whose vehicles have been involved in ...
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| Santander Consumer Bank Sells Bond Backed by German Auto Loans |
Mar 19th, 2013 |
Santander Consumer Bank AG, the German subsidiary of Spanish lender Banco Santander SA (SAN), Tuesday priced a 600 million euro ($775.8 million) bond backed by German car loans, according to one of the banks running the deal.The bank raised EUR549 million from a triple-A rated tranche with a weighted-average life of 1.66 years and a coupon of 38 basis points over the one-month Euribor. The bond ...
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| 2013 Volkswagen Beetle Earns Five Stars from NHTSA |
Mar 19th, 2013 |
received an overall rating of five stars. The coupe earned four stars in frontal testing, five stars in side-crash testing and a four-star score in rollover tests; the convertible model has not yet been tested. The three others recently tested earned four stars overall: The ...
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| Detroit Electric returns to build electric sports cars create0 jobs |
Mar 19th, 2013 |
An old name is returning to the Motor City to manufacturer a line of new electric sports cars.Detroit Electric, formerly an electric vehicle maker in the early 1900s, plans to bring 180 jobs to Metro Detroit by the end of the year and will produce a pure electric sports car beginning in August, the company said Tuesday.The company, non-existent for about 70 years before it was revived in 2008 by ...
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| U.S. safety officials probe Mercedes fuel leaks in E-Class cars |
Mar 19th, 2013 |
Detroit - Federal safety regulators are investigating reports of fuel leaks in about 250,000 Mercedes-Benz E-Class cars.The U.S. National Highway Traffic Safety Administration and Mercedes have received 533 complaints from owners about a strong odor of gasoline, mainly after refueling. The agency says fuel may be leaking from the upper part of the gas tank.No fires or injuries have been ...
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| Self-driving Toyota car aims to eliminate road accidents |
Mar 19th, 2013 |
LOOK MA NO HANDS! According to Toyota, the autonomous safety technologies installed in the Lexus LS are intended to create a virtual 'copilot' in vehicles to help drivers avoid accidents. In the very near future, Toyota hopes to sell more types of its vehicles that gives drivers less of a role behind the wheel, especially during dangerous situations. At a press conference during the ...
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