| Ford Posts Billions in Earnings; Here Are Five Cars That Got It There |
Jan 30th, 2013 |
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Ford released its fourth quarter and annual earnings today and the amounts are the highest in more than a decade: full-year pre-tax profit of $8 billion, and net income of $5.7 billion. Ford generated $1 billion of positive automotive operating-related cash flow in the fourth quarter, which is its eleventh consecutive quarter of positive performance. [...]
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| 2013 Mercedes-Benz GLK350 4MATIC Road Test |
Jan 30th, 2013 |
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The 2013 Mercedes-Benz GLK350 4MATIC offers big luxury in a small package.
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| It’s a Bird, It’s a Plane, It’s a . . . Superman-Themed Kia Optima Hybrid! [2013 Chicago Auto Show] |
Jan 30th, 2013 |
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Kia’s relationship with DC Entertainment is by now well known—the duo created a batch of superhero-themed Kias for last year’s SEMA show—and now the partnership has resulted in a Superman-themed Optima hybrid, set to debut at the 2013 Chicago auto show. Comparison Test: 2012 Kia Optima EX vs. Honda Accord EX-L, Hyundai Sonata SE, Toyota [...]
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| Kia Previews Cross GT Large Crossover Concept [2013 Chicago Auto Show] |
Jan 30th, 2013 |
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Kia is going crossover coconuts, it seems, and has announced a second crossover-concept debut for this spring, this time for the 2013 Chicago auto show. The Cross GT concept, which Kia is previewing with the photo above, will appear in the Windy City before the vaguely named Urban Vehicle two-door crossover-ish-looking show car bows at [...]
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| PE Firm Buys Buy-Here, Pay-Here Operation |
Jan 30th, 2013 |
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 Angel Acceptance LLC, a related-finance company and Raleigh Auto Park, better known as James Taylor Autopark, LLC were acquired and consolidated into a holding company called Angel Automotive Group, Inc. by Raleigh, N.C.-based acquisition firm, VisionQuest Capital.
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| Dealer Pleads to Sales Tax Theft |
Jan 30th, 2013 |
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 The owner of a Rochester, N.Y., used-car sales and repair business pleaded guilty as charged to a one count indictment for withholding sales tax.
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| More Signs of Strong Used Sales |
Jan 30th, 2013 |
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 Used-car sales took a month-over-month tumble to start the year, but are ahead year-to-date.
TrueCar.com estimates used-car sales will come in at 2,314,574 for January. That's down 26.6 percent from December, but up 5 percent from January 2012.
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| Creditor Signs Dr. J |
Jan 30th, 2013 |
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 Global Lending Services has teamed with a basketball legend to promote its subprime finance services.
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| 2013 BMW X5 xDrive35i review notes: Among the most athletic luxury SUVs available |
Jan 30th, 2013 |
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DIGITAL EDITOR ANDREW STOY: I spent back-to-back nights in the 2013 Mercedes ML350 and 2013
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| Recall Roundup: Lexus IS Windshield Wipers; Toyota Corolla/Matrix Airbag Modules |
Jan 30th, 2013 |
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Toyota is recalling about 752,000 Corolla and Matrix cars for issues with their airbag control modules and 270,000 Lexus ISs for an issue that could break their front windshield wipers. The two separate problems are the latest in a series of large recalls to hit Toyota in recent months. The Problem: The Corolla and Matrix’s [...]
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