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GM Chevy Spark electric car's price 38 percent less than sibling hybrid Volt's
ReutersDETROIT (Reuters) - The Chevrolet Spark all-electric subcompact car will cost U.S. buyers as much as 38 percent less than what it takes to buy its larger sibling, the hybrid Volt, General Motors Co said on Thursday. The 2014 Spark EV, which goes on...Tags: Credit and Debt, Chevrolet, Toyota, Toyota Motor Corp., U.S. Environmental Protection Agency
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Ford cerrará plantas automotrices en Australia por altos costos y divisa
ReutersCANBERRA (Reuters) - Ford Motor Co anunció el jueves que cerrará sus dos plantas automotrices en Australia en octubre del 2016, debido al fortalecimiento de la moneda local y unos costos que afectan a los manufactureros mientras el paÃs apunta a...Tags: Manufacturing and Engineering, Automotive Equipment, Australia, Ford Motor Co.
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CANADA STOCKS-TSX may open lower on Bernanke's comments
ReutersMay 23 (Reuters) - Canada's main stock index looked set to open lower on Thursday as comments from Federal Reserve Chairman Ben Bernanke raised fears the U.S. central bank would end its bond-buying program sooner-than-expected. TOP STORIES * Toronto-...Tags: Thomson Corporation, Computing and Information Technology Industry, United Air Lines, Canadian Pacific Railway Limited, Marketing
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93-5 'KHY Rock Report
Headlines for Thursday, May 23, 2013
GODSMACK: Sully Gets Own Guitar
Godsmack frontman Sully Erna is the latest musician to get his own signature guitar.
Gibson's Sully Erna Les Paul Studio model is ebony black with a Godsmack sun emblem on the body...Tags: U2 (music group), Rabies, Nine Inch Nails (music group), Ruby Tuesday Incorporated, Radio
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U.S. new car sales seen up about 8 pct in May -research firms
ReutersDETROIT, May 23 (Reuters) - U.S. auto sales in May are expected to rise about 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday....Tags: Services and Shopping, Trucks, Honda Motor Co., Ford, Chrysler Group LLC
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Former Chrysler, Fisker CEO launches venture fund with Penske
ReutersBy Deepa Seetharaman DETROIT, May 23 (Reuters) - Tom LaSorda, the former chief executive of Chrysler Group LLC and Fisker Automotive, is launching a venture capital fund with racing magnate Roger Penske to invest in technology startups. The fund,...Tags: Manufacturing and Engineering, Economy, Business and Finance, Bankruptcy, China, Chrysler Group LLC
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Ventas de autos nuevos en EEUU subirÃan un 8 pct en mayo: analistas
ReutersDETROIT, EEUU, 23 mayo (Reuters) - Las ventas de automóviles en Estados Unidos subirÃan cerca de un 8 por ciento en mayo y el ritmo anual de ventas deberÃa rebotar de vuelta por sobre los 15 millones de vehÃculos tras un resultado decepcionante en...Tags: Manufacturing and Engineering, Honda Motor Co., Nissan Motor Co., Chrysler Group LLC, Automotive Equipment
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New car sales seen up 6-8 percent in May: analysts
ReutersDETROIT (Reuters) - Auto sales in May are expected to rise 6 percent to 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday. Sales of new...Tags: Trucks, Honda Motor Co., Services and Shopping, Ford, Chrysler Group LLC
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Ally to pay $2.1 billion to settle claims tied to ResCap
Reuters(Reuters) - Ally Financial Inc agreed on Thursday to pay $2.1 billion to settle legal claims tied to its bankrupt Residential Capital LLC unit, nearly triple the amount it initially offered to creditors of the subprime mortgage business. Ally hopes the...Tags: Assured Guaranty Limited, Bankruptcy, Mortgages, Warren Buffett, Manhattan (New York City)
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Market Chatter-Corporate finance press digest
ReutersMay 23 (Reuters) - The following corporate finance-related stories were reported by media on Thursday: * Building products maker CPG International is being prepared for a sale by its private equity owner, a deal that could fetch between $1 billion and...Tags: Fidelity National Financial Incorporated, China, Credit and Debt, Italy, Blackstone Group, L.P.
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High costs, currency push Ford out of Australia car manufacturing
ReutersCANBERRA (Reuters) - Ford Motor Co will shut its two Australian auto plants in October 2016, blaming a strong currency and costs that are hitting manufacturers just as the country looks for other sectors of its economy to cushion the end of a mining boom....Tags: Services and Shopping, Mitsubishi Motors Corp., Australia, Plant Openings, Mining
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GM recalls more than 27,000 Cadillac crossovers with wheel issue
Reuters(Reuters) - General Motors Co is recalling worldwide more than 27,000 Cadillac crossover vehicles whose wheels could fall off due to potentially loose wheel nuts. GM said on Wednesday it knows of no crashes or injuries due to the issue and that no wheels...Tags: Manufacturing and Engineering, SUVs and Crossovers, Automotive Equipment, Cadillac
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