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Bus company owner faces charges from 2008 crash
The owner of a Houston bus company has been indicted on federal charges stemming from the 2008 Texas crash that killed 17 people on their way to a religious conclave, authorities announced Wednesday. Angel de la Torre of Houston and an associate are charged with making false statements on federal ...
Car quality dinged by tech glitches, survey finds
Car buyers increasingly want high-tech features like voice recognition and navigation. But they're not very forgiving of the car company when those systems fail. The top complaints in J.D. Power's closely-watched survey of new vehicle owners, released Wednesday, involved technologies that drivers are clamoring for. Voice recognition systems either didn't ...
Fire engulfs central Illinois tire facility
Firefighters in central Illinois are battling a blaze at a tire-recycling facility that officials fear could go on for days. The (Champaign) News-Gazette reports firefighters were called to J&R Used Tire Service in Hoopeston early Wednesday. There they found part of the 400,000-square-foot brick facility engulfed in flames. Hoopeston Fire ...
News Summary: GM breaks ground on China plant
NEW PLANT: General Motors Co. executives broke ground for a $1.3 billion Cadillac factory in China to target luxury buyers in the world's biggest auto market. LUXURY SALES: Company leaders said the luxury segment would grow by 4 percent this year, about half the rate expected six months ago. But ...
Tesla Model S recall for rear seat latch issue
Tesla is recalling as many as 1,228 of its Model S vehicles, citing a problem with a rear seat latch in the electric sports sedan. The company says no injuries or customer complaints have been reported. Chairman and CEO Elon Musk said in a blog entry Wednesday that the strength ...
GM breaks ground on China Cadillac plant
General Motors Co. executives broke ground for a new Cadillac factory in China on Wednesday to target luxury buyers in the world's biggest auto market, though they said the segment would grow slower than expected this year. Company leaders said they were optimistic about long-term growth in the luxury segment ...
Chrysler agrees to recall of Jeeps at risk of fire
After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions. But the recall, which came in an 11th-hour deal between the automaker and the National Highway Traffic Safety Administration, covers only 1.56 million of ...
Asia Markets mostly down as investors eye Fed
Asian markets opened mostly lower Wednesday as investors waited for an update on the U.S. economy from the Federal Reserve and for some clarity from the Fed about its future course. The results of a two-day Fed policy meeting will likely ripple through stock markets once investors learn whether there ...
US safety agency investigating Suzuki small SUVs
U.S. safety regulators said Tuesday that they are investigating problems with air-bag sensors in the seats of some small Suzuki SUVs. The probe covers 205,000 vehicles including Grand Vitaras from the 2006 through 2011 model years and SX4s from 2007 through 2011. The National Highway Traffic Safety Administration said on ...
RI building electric car charging stations
Rhode Island is building up to 50 electric vehicle charging stations for motorists around the state and also plans to purchase hybrid or electric-powered vehicles for the state fleet whenever possible, the governor announced Tuesday. Gov. Lincoln Chafee said the moves, paid for by federal stimulus money, will help improve ...
News Summary: Chrysler agrees to recall 2.7M Jeeps
CHRYSLER CAVES: Chrysler reversed course and agreed to recall 2.7 million Jeeps Tuesday. The company insists the vehicles are safe, and initially denied the government's request to recall them. But it says it realizes customers are worried. THE ISSUE: The recall covers the 1993-2004 model Grand Cherokee and 2002-2007 model ...
When car rental reservations aren't honored
We're sorry, sir, but we don't have any cars left. That was my unpleasant welcome to Michigan by Hertz. I had a reservation. They saw the reservation. The problem: Hertz hadn't actually saved me a car. So here I was, just off a plane in Kalamazoo, suitcase in tow and ...
News Summary: European car sales hit 20-year low
EUROPEAN CAR SALES: European car sales in May were the worst in 20 years as the region's recession drags on. More than half of European Union nations are in recession and U.S. automakers have been shuttering factories and cutting hours. RUBBER HITS ROAD: Passenger car demand dropped by 5.9 percent ...
Chrysler expected to formally refuse Jeep recall
In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal to recall 2.7 million older Jeep SUVs that are at risk of catching fire in rear-end collisions. The government says 51 people have suffered fiery deaths in ...
Vt. and Quebec announce electric car corridor
Starting this fall, people who drive electric vehicles should be able to travel the 138-mile route between Burlington and Montreal without worrying they'll run short of a charge thanks to a planned electric vehicle charging corridor, Vermont Gov. Peter Shumlin and Quebec Premier Pauline Marois announced in Montreal. Initially the ...
Street rods to 'jump start' Minn. Back to 50s
The lunchtime crowd in downtown St. Paul will get a taste of what's in store at the 40th annual "Back to the Fifties" Weekend. More than a dozen street rods will rev their way to Mears Park on Thursday. The event is free and open to the public. There will ...
Netflix, AK Steel, AMD are big movers
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Advanced Micro Devices Inc., up 11 cents at $4.05 An article in Barron's said that the chipmaker's stock could rise substantially if its acquisition of SeaMicro is a success. AK ...
S&P drops Ford to 'Hold' on lower 2013 earnings
Standard & Poor's has lowered its view of Ford Motor Co.'s shares to "Hold" from "''Buy," citing lower-than-expected full-year earnings. S&P lowered its full-year earnings forecast for the automaker by a penny to $1.51 per share on Monday. But the agency raised its 2014 earnings forecast by 5 cents to ...
Unsuccessful job applicants seek hiring records
Documents having to do with a state agency's involvement in recruiting and hiring workers for a private company should be available to the public, a lawyer for four unsuccessful applicants for jobs at a Georgia auto plant argued Monday. Gerry Weber made the argument before the Supreme Court of Georgia. ...
Porsche family buys back stake from Qatar fund
Descendants of German automobile entrepreneur Ferdinand Porsche have bought back a 10 percent stake in their holding company from Qatar's sovereign wealth fund. Carmaker Porsche confirmed the transaction Monday but didn't reveal the sales price. The Porsche and Piech families are now again the sole shareholders of Porsche Automobil Holding ...
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