Author Archive

General Motors to manufacture plug-in Cadillac ELR plug-in hybrid electric car

Vittorio Hernandez – AHN News

Detroit, MI, United States (AHN) – General Motors announced on Wednesday that it will manufacture a plug-in hybrid Cadillac. The new environment-friendly model would use technology similar to GM’s Chevrolet Volt, which the company rolled out in 2010.

Reports said that the ELR’s tag price would be lower than Tesla Motor’s Model S’s $57,400. GM’s 2012 Volt has a $39,995 price tag, which includes shipping.

The model would run 25 miles or more between recharges, but would also have a backup gas motor for longer travels.

It will feature a T-shaped lithium ion battery, electric motors and four-cylinder engine generator.

Ed Welburn, GM design chief, said the plug-in Cadillac will have the name ELR, which indicates the vehicle’s electric propulsion technology and to keep with the brand’s three-letter international model naming convention.

GM did not provide more details on the price and roll out date of the ELR, but said it would be manufactured in the same Detroit facility where the automaker will produce 16,000 Volts this year and another 60,000 next year.

Article © AHN – All Rights Reserved

View full post on All Stories

GM earnings soar 92 percent on global sales

Linda Young – AHN News Writer

Detroit, MI, United States (AHN) – General Motors saw its second quarter earnings surge by 92 percent compared to the same period a year earlier.

It earned $2.5 billion compared to the $1.3 billion GM earned a year earlier.

The nation’s No. 1 automaker had revenue of $39.4 billion, up by 19 percent on improved average pricing and numbers of vehicles sold.

Only two years out of a federal bailout, most of GM’s growth came from U.S. sales, which increased by 11 percent to 669,000 vehicles sold while company-wide growth increased by 7 percent overall to 2.3 million vehicles sold worldwide.

For the first time in years, GM made money in each of its four regions.

GM (GM, Fortune 500) posted a profit of $2.5 billion, or $1.54 per share, compared with $1.3 billion, or 85 cents per share a year earlier.

Article © AHN – All Rights Reserved

View full post on All Stories

Volkswagen postpones  MAN supervisory board takeover

Kris Alingod – AHN News Contributor

Wolfsburg, Germany (AHN) – Volkswagen on Monday postponed its appointment of executives to truckmaker MAN’s supervisory board following advise from the European Union.

The Wolfsburg-based company said it is in “constructive discussions” with the EU Commission after the panel said the appointments should be made after anti-trust clearance of the merger with MAN.

VW held off nominating chief executive Martin Winterkorn, chief financial officer Hans Dieter Poetsch, and the automaker’s chief for commercial vehicles, Jochem Heizmann, to MAN’s supervisory board.

Instead, the company named executives Ulf Berkenhagen and Thomas Kremer, who are current members of the board, consistent with VW’s 29.9 percent share in MAN. A third executive, Matthias Bruse, was also appointed as placeholder.

VW said it will “continue to prepare the merger control application in close cooperation with the authority.” The company, which originally planned its mandatory offer to MAN to be completed by June 29, added that it is “confident [it will] be able to submit the formal application in the coming weeks.”

MAN chief executive Georg Pachta-Reyhofen said the same day during his company’s annual general meeting in Munich that the board “remains convinced that closer cooperation between MAN, Scania and Volkswagen will still enable substantial synergies in purchasing, development and production to be leveraged.”

VW made a mandatory offer to MAN shareholders last month as required under German law, following its decision to raise its stake of ordinary shares of MAN from 29.9 percent to 30.47 percent, or past the 30 percent threshold.

VW offered 95 euros (US$136.73) for each ordinary share and about 60 euros for each preference share, both bids lower than the closing price the week before the mandatory offer was made.

Europe’s largest car manufacturer, VW wants to merge MAN with its heavy trucks unit and with Swedish truck manufacturer Scania to establish the biggest commercial vehicle manufacturer in the continent.

The company, which owns Audi, Bentley and Lamborghini, and is in the process of acquiring Porsche, holds a 71.8 percent stake in Scania.

Article © AHN – All Rights Reserved

View full post on All Stories

Toyota Issues Minor Recall Effecting 1.13 Million Vehicles

Matthew Borghese – AHN News Contributor

Tokyo, Japan (AHN) – Japanese carmaker Toyota is issuing a voluntary recall for more than a million Corolla and Corolla Matrix automobiles in the United States.

The recall effects 1.13 million 2005-2008 Corolla and Matrix vehicles.

According to Toyota safety engineers, a faulty electronics module could fail, causing harsh shifting or engine start failures.

“This recall is an example of our commitment to standing by our products and being responsive to our customers,” Toyota chief quality officer for North America Steve St. Angelo explained. “Our goal is to help ensure that Toyota drivers are completely confident in the safety and reliability of their vehicles.”

Article © AHN – All Rights Reserved

View full post on Auto Trends Stories

Virgin Atlantic pilots vote to strike over lack of pay increase

Virgin Atlantic pilots have voted to strike against the airline, marking the first time pilots with that airline have taken such action.

Article © AHN – All Rights Reserved

View full post on Economy, Business And Finance Stories

Angola’s `sans papiers’ violently deported in new wave of expulsions

“I have been left without anything – I don’t even have anywhere to go now.” Thirty-year-old Mwamba Kashane, one of the thousands of Congolese to be expelled from Angola in the past month, recounts his ordeal from Kamako, a town close to the Angolan border in the province of Kasai Occidental.

Article © AHN – All Rights Reserved

View full post on Economy, Business And Finance Stories

Things to Remember While Buying Used Car

After deciding and before buying a used car, let us remember some useful tips of purchasing a second hand four wheeler. If you are really interested to buy a used car that means you are keen to spend money in a thing which for has no guarantee. You are purchasing it on your own risk. For example, if you are buying a pre-owned car then you need to complete its inspection but despite the inspection there is no surety that what kind of performance it would give you after a couple of days.

The main aim of the dealer is to get rid of his second hand car and the motive of the buyer is to get the best deal as better as he can. It doesn’t matter how much knowledge about car you have and how deeply you have inspected the parts of the car. It all about luck because few dealers are far better in making fool to their customer, only lucky buyers get interacted with genuine used car dealers and if you are lucky then you will get a perfect car and if you are not lucky then after some days you will also feel like selling the same car to someone else. However, if you are interested to purchase a second hand car, just cross your fingers and call to car dealer as the used car business in India and in abroad is in full swing nowadays.

Mostly used car owners are satisfied with car dealers service and condition of their cars because as nowadays old car market is on boom and buyer have been aware of every aspect of purchasing a used car and dealers are fail to make their customer fool. Here some useful tips before buying old car: Consult with a car technician Check the authentication of dealer Inspect all parts of car Check how many kilometers car has run Ask for all legal documents of the car Calculate that rate of the car is genuine or not according to car model Get all documents transferred on you name If, you are not able to afford a new car buying a old car in not a bad deal, but still, you must keep a few key points in your mind as mentioned above so that at least you can avoid the major mal practices that a few fraudulent individual or some local car dealers do.

If you are really looking for genuine car dealer then you can visit many big used car websites as www.carmantr.com

About Author
The author gives a one-stop solution for all your buy/sell of cars such as Used Cars in Delhi, Second Hand Cars and Secondhand cars in Delhi NRC. The author of article helps you find the right and legal track to sale and purchase of used cars.

Japanese Car Exporter The Preferred Online Solution For Cars

Japanese car exporter is one of the widely used automobile services in the world. There are different types of cars available for sale which can be purchased according to requirements. Various car brands are available which have specific segment of purchase. Selection can be done according to speed, luxury and comfort. These are the three utmost factors that should be considered before making the purchase. Apart from selecting those three segments there is one more in the list which needs to be known. Fuel economy is the right word which can be used to denote the working of a high maintained car. Purchasing a car is not easy; therefore it is a must to check for fuel economy.

Online purchase gives the user advance buying options. Subscribing for an auto loans is possible since there are loads of companies which are ready to provide finance options. Before subscribing for an auto loan you need to check with the interest rates that are applicable on the loan. Comparison of websites can be done to know which one offers less interest rates. Most of the used car exporter from Japan is equipped with high end cars that can satisfy your commuting needs. There is no doubt in purchasing cars which are used from Japan. In a recent survey conducted, Japan ranks on top position for automobile maintenance. Most of the auto parts which are used in automobiles are manufactured in Japan, therefore service and spares is very cheap and available at an affordable price.

Used cars Japan can be tuned if you need more power and style. These cars are preferred when it comes to tuning and modification. Spoiler, side skirts and advanced tune up options are also available that can be selected according to requirements. Color options are also available in abundance that can be selected as per the requirements. Japan is known for its technology driven cars, you can select from special fleet of cars which have high end instrumentation and features.

Generally, a Japanese car exporter is comes in different options or even car specific style. All you need to do is find the right website which can help in making the purchase easy and safe. You need to check for registration before striking the deal. Warranty should be checked, it is one of the important points in the check list of automobile purchase. If there are any damages they should be repaired in time and ensured the vehicle is working perfect.

About Author
After completing my Bachelors degree in automobile and started my career as automobile engineer. I am very passionate about writing and currently I am writing on Used Vehicles Japan. This article is help to find best Used Car Exporter Japan.

Outlander Sport shows Mitsubishi is driven to compete

The value-priced five-seat crossover mixes fun driving in comfort with eco-friendly attributes. The Outlander family now accounts for a third of the company’s sales. The relative rarity of Mitsubishi cars these days confirms the company’s status as an underdog automaker. Mitsubishi ranks sixth out of the seven Japanese manufacturers in U.S. sales, just ahead of Suzuki.

View full post on All Stories

Sell Your Car Nyc Offers Great Deals to Used Car Buyers

If you have some technical knowledge about cars then buying a second hand car can be easy for you but in case if you lack the knowledge you might end up buying something that you never wanted. Therefore to play safe a lot of used car buyers approach used car dealers to buy a second hand car. Buying through dealers like sell your car NYC is the wisest option because you enjoy certain benefits.

The name of the game in used cars is reliability. Used car dealers have the requisite experience in selling used cars and they do it everyday. Buying through a dealer ensures that you will get a reliable deal and reliability counts a lot in the used car market. An individual has to register his/her name with the dealer if he/she plans to sell his/her second hand car through the dealer. This minimizes the chances of getting cheated. Moreover the dealer is in a better position to ensure that you get a good deal for your second hand car.

Actually used car buyers prefer to buy through dealers because they get the option to choose from a wide selection of used cars. If you do it the other way you have to roam around meeting people who have second hand cars in their possession. With dealers it is pretty simple. You just have to visit the used car showroom where you can feast your eyes on the cars displayed there. It is good for sellers too. They don’t have to depend on a couple of buyers. Since they get more buyers they can bargain for a better deal. Used car dealers like sell your car NYC deal in different brands of cars so if you fancy a particular make you are sure to get it there. Moreover you can get all the queries regarding the car that you are thinking of purchasing addressed to by the dealer.

It pays to take expert advice while buying used cars and the best place to get it is from the dealers. Since they are experts they will tell you how much you should be paying for a particular car. This may not be the case if you are buying from unreliable sources. Another advantage that you enjoy with dealers is their accountability. If you suffered a bad deal you can always fall back on the dealer. Credibility is very important for a dealer and therefore he will always strive for a good deal. This means you can always expect a good deal if you buy through a dealer.

About Author
Sell your car NYC at the highest prices paid without any pressure! We built our reputation on being friendly, giving you the most money possible for your car and providing payment right then and there.
Powered by WordPress | Designed by: video games | Thanks to Wachdienst, Trucks and SUV