Posts Tagged ‘auto’

General Motors on Tuesday set a price of $41,000 for its electric Chevrolet Volt, $5,000 more than the top-selling sedan from its luxury Cadillac brand and $8,000 more than its nearest competitor, the Nissan Leaf.

With the Detroit Auto Show in full swing, this week a Chinese company touted a new all-electric vehicle that gets 205 miles on a single charge and is set to hit the U.S. market later this year.

Ford to Introduce Inflatable Seat Belts

Posted: 6th November 2009 by Veritas in Lifestyle
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Air bags have long been mounted in the steering wheel, dashboard and sides of vehicles. Now, they’re in the seat belts.

U.S. corporate debt default rates are expected to hit “unprecedented” levels in 2009, even though the economy may be past the halfway mark of the U.S. recession, according to a forecast unveiled on Monday at the Reuters Restructuring Summit.

The 10 Cheapest Cars to Own and Operate

Posted: 25th August 2009 by Veritas in Economy | Finance
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You’ve read it on and heard it elsewhere: A well-informed consumer will get a better deal when buying a vehicle.

Over its history General Motors has made its share of bad products. Some were poorly built, some were badly executed, others suffered from lousy timing. Here’s a look at some of GM’s biggest misses over the years.

DETROIT (Reuters) – General Motors Corp and Chrysler LLC requested nearly $22 billion in additional U.S. government loans and said they had reached tentative deals with the United Auto Workers union to reduce labor costs. The two automakers, which have so far received $17.4 billion in loans from the U.S. Treasury, also detailed plans to [...]

PARIS (Reuters) – With question marks over senior management and sales tumbling, PSA Peugeot Citroen’s enduring silence on strategy raises the prospect it may not survive the worsening car sector crisis in its current form. The auto manufacturer, number two in terms of sales in Europe behind Germany’s Volkswagen, has faced a string of difficulties [...]

Hyundai Wins Car-of-the-Year Award

Posted: 11th January 2009 by Simo Häyhä in Science | Technology
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DETROIT (Reuters) – Hyundai Motor Co took car-of-the-year award at the Detroit auto show on Sunday, marking a major step for the South Korean automaker in its push to produce a more upscale, mass-market vehicle for U.S. consumers. Continue here