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Hammer Time: Is America Becoming The Land Of The Suckers?
Suckers come in all shapes and sizes. They can be a young guy with college loans in his mid-20′s who is charged $800+ for a $100 repair. Or an elderly couple on a fixed income who is encouraged to sign on the dotted line with a malevolent seller
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SAIC considering new Thai factory
According to a report in the Bangkok Post, Shanghai Auto are apparently considering a new factory in Thailand to produce car for the local market and other left hand drive markets (I think that’s a mistake on the writers behalf) in the South East Asia markets, and possibly Australian and New Zealand as well. From the Bangkok Post SAIC Motor, China’s biggest automaker, is planning a venture with CP Group to build passenger cars in Thailand
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Resin shortage threatens to shut US auto plants
USA TODAY – After selling lots of cars, reveling in higher prices and profits, the U.S.
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Hammer Time: Three Billion Gallons
Like a sign on a door, this sum of financial flammables has indeed been given two meanings. The first is that it represents the daily gasoline usage of all of us here on planet Earth. Scooters, cars, industrial machines, toys, generators, plastics and petrochemical materials the world over all amount to this ”deficits don’t matter” level of daily consumption. That number alone will be incredibly hard to change on a voluntary basis.
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Mercedes-Benz diesel emissions fluid can cost up to $32 a gallon
Filed under: Diesel , Mercedes Benz Mercedes-Benz dealers heavily marking up service products? You don’t say. Drivers of Benz’s turbodiesel-powered ML350 BlueTEC 4Matic are obliged to periodically refill the vehicle’s supply of diesel emissions fluid, which is made up of urea crystals in mineralized water and which is required to turn some of the SUV’s exhaust from nitrogen oxides to nitrogen and water, according to The New York Times
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Greatwall’s Bulgarian factory gets gears turning
Greatwall’s Bulgarian operation officially went online yesterday after a presentation by Greatwall Chairwoman, Wang Feng Ying, Chinese Ambassador to Bulgaria, Guo Ye Zhou, Bulgarian Prime Minister Mr Borisov and the owner of Litex Motors and former wrestler, Grisha Ganchev. Bulgaria is hardly famed for its automotive exploits, the country has not produced a car in over 20 years, the first true Bulgarian car, the Sofia , failed to pick up sales despite being a solid idea on paper, British auto company MG-Rover also tried the Bulgarian market with a local partner, but that too failed.
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Honda Europe aims to be profitable in 2013-14
Reuters (Frankfurt) – Honda, hit by a dramatic appreciation in the yen, does not expect to be profitable in Europe until 2013/2014 when 80 percent of cars sold will be sourced from its British plant, its regional president said on Monday. Despite two straight years of losses and a market share of.
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Trackin’ The Deals: Oil Rebates!
One of my favorite sites to visit is Bobistheoilguy.com . Why may you ask?
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Romania: Bosch to invest 77m euros for a factory in Cluj
The Diplomat Bucharest – German auto parts manufacturer Bosch will lease, in Cluj County, an area of 215,000 square meters of production, an investment totaling EUR 77 million, according to figures released Thursday to Prime Minister Emil Boc by the company management. German group estimated that th.
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My El Camino Is Cooler Than Your Hybrid
Marketing hybrids is a challenge. You just can’t get past the one failing point of hybrids. Hybrid are simply not cool
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Scaleo chip, ARM address need for clean, energy-efficient automotive solutions
Scaleo chip today announced that the company has entered into an agreement with ARM to combine the ARM® Cortex?-R5 MPCore? processor with Scaleo chip technologies into OLEA, Scaleo chip’s new family of microcontrollers optimized for powertrain systems.
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China’s New Ruling on Foreign Investment Will Not Hurt Current Joint Venture
Via Xinhua: China’s recent move to take finished automobiles off of a list of industries where foreign investment is encouraged will not affect the operations of existing Sino-foreign joint ventures in China’s auto sector, an official with the country’s top economic planner said. The National Development and Reform Commission (NDRC) and the Ministry of Commerce jointly issued a new guideline for foreign investment last week, moving “finished car manufacturing” from the “encouraged” list to the “approved” list. An NDRC official explained that the move was the result of excesses in both production capacity and finished automobile companies in China