US based automaker Ford has recalled 19,106 units of the 2013 Fusion for the second time in the home market,due to a problem in the headlamp. The recall is due to the defect in the coating of the low-beam headlamp projector which causes ...
Italian private equity fund Investindustrial has agreed to acquire 37.5%stake in British sportscar manufacturer Aston Martin. Investindustrial senior principal Andrea Bonomi said,"We are looking forward to working with the management and ...
Tags: private equity fund, Investindustrial, acquire, sportscar
Just because a model is reliable, doesn't mean it is recommended by Consumer Reports. Two out of the top 10 most reliable vehicles don't perform well enough in our tests for us to recommend them. The opposite happens as well--some vehicles ...
Ford has announced that a corrective action has been determined to address the latest fire risk for the new Escape SUV and Fusion sedan,coming 10 days after owners were advised not to drive their vehicles. On November 31st,Ford advised ...
Tags: Ford, Escape SUV, Fusion sedan, cooling system software
The Land Rover Freelander 2 has been given a mild overhaul for 2013 with a fresh exterior design,upgraded equipment levels including features from the Range Rover Evoque and a new turbocharged petrol engine. The mid-life refresh is ...
Tags: 2013 Land Rover Freelander 2, Australian specifications, Freelander 2
If you are looking for a reliable car, don't assume that certain brands are always the best. Each manufacturer has models that offer a range of reliability, as identified in Consumer Reports' annual car reliability survey. When ...
Tags: car reliability report, tips for buying cars, car models, car brands
The Highway Loss Data Institute (HLDI) recently released their claims data showing which vehicles have the highest and lowest overall insurance losses. The safety research organization found that even though many vehicles now do well in ...
Tags: Damage Claims, vehicles, insurance losses
Automakers have answered new fuel economy requirements and increased consumer demand with some lofty mpg claims. But it seems some of these claims have been a little too high, at least on paper. We all know the disclaimer about fuel ...
Automaker Ford has reported a 56% rise in sales in China to 67,505 vehicles in November 2012, compared to the same period in 2011. Ford sells passenger cars in the country which include the imported Ford Edge, increased 74% to 51,602 ...
Tags: automaker, Ford, the split of joint venture
Aston Martin has known more than a few owners over the years including the Ford Motor Company,who sold out to current owners Investment Dar and other investors in 2007 for$733 million. Now you can add private-equity firm Investindustrial ...
Even though sales of some mobile devices are booming,overall confidence in the tech sector continues to erode as economic weakness puts downward pressure on the computer market. The Nasdaq Computer Index slumped Friday afternoon,hitting ...
Tags: Wall Street, Chips, mobile devices, IHS
The Coca-Cola Company has announced that it has distributed more than 10 billion recyclable PlantBottle packages across the globe The drinks giant has recently published its 2011-2012 global sustainability report. It said that it had ...
Tags: Coca-Cola, sustainability, packages, recyclable PlantBottle packages
Gain new insights and ideas from inspiring opinion leaders and global industry experts Messe Frankfurt’s premiere auto industry gathering, NextGen Auto International Summit China, is designed as a truly international thought ...
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Since the auto industry’s recent financial crisis, dealerships have been slow in rebuilding business. Although sales were good for 2011, they fell slightly short of the 13 million forecast initially predicted. While the industry is ...
Tags: service lines, bottom Lines
Flexpoint Ford has inked a definitive agreement to acquire GeoVera Insurance Group Holdings, from affiliates of Hellman & Friedman and Friedman Fleischer & Lowe for an undisclosed amount. The acquisistion deal is anticipated to complete ...
Tags: Flexpoint Ford, GeoVera Insurance, property and casualty