- Home
- > AP
- > Automotive
Latest Automobile News
Ferrari to limit sales to boost brand exclusivity
Ferrari will limit sales of its high-performance street cars this year to protect the brand's aura of exclusivity, Chairman Luca Montezemolo said Wednesday. Wealthy people around the world are snapping up Ferrari's and the company is worried the brand might lose its appeal as a symbol of rarefied luxury. As ...
Germany plans tighter control of managers' pay
The German government plans to give company shareholders a greater say in setting managers' pay — a proposal aimed at curbing perceived corporate excesses along the same lines as a measure approved by voters in neighboring Switzerland earlier this year. Chancellor Angela Merkel's government hopes to pass Wednesday's Cabinet proposal ...
Toyota profit more than doubles on yen, cost cuts
Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback. Toyota Motor Corp., which last year reclaimed the title of world's top-selling automaker, said Wednesday it expects the strong results ...
GM says China approves new Cadillac factory
General Motors Co. said Wednesday its main Chinese joint venture has received government approval to build a Cadillac factory as part of GM's efforts to expand its share of China's luxury auto market. Plans call for the 8 billion yuan ($1.3 billion) factory in Shanghai to begin production in 2015 ...
Teen says she shopped with dead mom's body in car
A 16-year-old from Compton charged with killing her mother and stepfather says her dead mother's body was in the back of the car when she and her boyfriend went to buy glow sticks, beer and costume supplies for a Halloween party. The Los Angeles Times reports (http://lat.ms/18UAXjq ) Cynthia Alvarez ...
China's struggling automakers jump on SUV boom
BYD is known for electric cars but this year's flagship model is the S7, a gasoline-powered SUV. It comes with an interior air purifier, radar to help with backing and digital TV. An onboard hard drive can hold 1,000 films. This is China's Year of the SUV. Whatever their specialties ...
Calif. limo fire kills 5 nurses; friends grieve
From the privacy of their bedrooms to the public bustle of busy hospital wards, families and friends Tuesday struggled with the heartbreak of losing five loved ones, all nurses, who died Saturday in a burning limousine. Outside the Fruitvale HealthCare Center, the medical center where all nine met and became ...
US consumers cut back on credit card use in March
Americans cut back on using their credit cards in March, suggesting many were reluctant to take on high-interest debt to make purchases. Consumer borrowing rose just $8 billion in March from February to a seasonally adjusted $2.81 trillion, the Federal Reserve said Tuesday. It was the smallest increase in eight ...
Limo driver: Fire took 3 minutes to claim 5 lives
First came the tapping. Over the blasting music, limo driver Orville Brown heard someone in the backseat knock on the partition behind him, saying something about smoke. No smoking allowed, he told the crowd of partying women. Then the taps turned to urgent knocks, and someone screamed "Smoke, smoke" and ...
Wal-Mart Stores takes back top spot in Fortune 500
Wal-Mart Stores Inc. once again leads Fortune's list of the 500 biggest U.S. companies by revenue, as the world's largest retailer succeeded in posting strong growth despite a challenging economy for its shoppers. The Bentonville, Ark., company's revenue grew nearly 6 percent in 2012 to $469.2 billion. Exxon Mobil Corp. ...
© 2013 Sinclair Broadcast Group. By using this website,
you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices
.
You're Almost Done!
Select a display name and password
{* #socialRegistrationForm *} {* socialRegistration_displayName *} {* socialRegistration_emailAddress *} {* traditionalRegistration_password *} {* traditionalRegistration_passwordConfirm *}Tell us about yourself
{* registration_firstName *} {* registration_lastName *} {* registration_postalZip *} {* registration_birthday *} {* registration_gender *} {* agreeToTerms *}