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Audi overtakes BMW as India's top-selling premium brand
… starting at 9.5 million rupees, in 2011. While India is the world's biggest market for hatchbacks, convincing customers to pay 10 times the price of an Alto from Maruti Suzuki India -- the top selling car in the country - - is a hard sell. Many customers …
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UAW study chides Nissan for tax breaks at Miss. plant
… of the most secure jobs in Mississippi and enjoy competitive pay well above the state average for manufacturing jobs and strong ..... States and counties typically chip in millions of dollars to pay for land acquisition, roads, site preparation, utilities and …
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PSA workers end four-month strike over car plant closure
… the CGT union at the Aulnay plant. He said PSA had agreed to drop disciplinary action against strikers and make concessions on pay during the strike. PSA said the deal came after the CGT agreed to end any challenges to the automaker's lay-off plan. PSA …
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Dow Chemical ordered to pay $1.2 billion in urethane price-fixing probe
… City, Kansas, ordered Dow Chemical Co. to pay $1.2 billion in a price-fixing case ..... have settled. In 2006 Bayer AG agreed to pay $55 million. In 2011 Huntsman International LLC agreed to pay $33 million and BASF Corp agreed to pay …
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Tesla issuing stock, debt to accelerate repayment of U.S. loan
… 450 million in convertible senior notes due in 2018 will go to pay back the federal loan with interest. The Energy Department agreed ..... year period. Tesla didn't clarify how much faster it would pay back the funds. The company said last week it made a payment …
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How GM and Nissan avoided a UAW thorn
… automaking in the United States, having roaring factories in Tennessee and Mississippi where workers simply don't want to pay union dues. Both of those factories are under scrutiny at the moment as union organizers say Nissan is interfering with the …
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Ally clears barrier for IPO with plan to resolve mortgage claims
… Ally seeks to sell shares to the public and pay back a $17.2 billion bailout received ..... head off the possibility that Ally must pay billions more than it budgeted to settle ..... Inc. once estimated Ally would have to pay $3 billion. Bailout package ResCap can …
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3 pet peeves about dealers and FandI
… Your credit's lousy, so you'll need to pay more for the car." Lenders ask for co ..... Your credit's lousy, you'll need to pay more for the car?" Any difference between ..... Your credit's lousy, you'll need to pay a higher interest rate for the car, but …
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IRS changes could ensnare dealers who reinsure
… Most are located overseas to reduce costs. Through the reinsurance companies, dealers contribute to the reserves used to pay future claims. After claims and administrative fees are paid out of the reserves, dealers can keep a portion of the money that …
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The auto boom -- without new jobs
… manufacturing. He concludes, in a nutshell, that the United States is now sitting pretty. The big factors that economists pay attention to, and the rest of us tend to glaze over -- wage trends, energy costs, capital costs, worker efficiency and currency …
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Can battery rental reduce consumer jitters with EVs? Smart thinks so
… cost, range anxiety and so on," Webster said. Buyers will pay $20,650 for the vehicle without the battery -- a savings ..... The battery is guaranteed for up to 10 years. Lease customers pay $199 a month, with a down payment of $2,000 for capital …
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Michigan couple appeal sentence in GM trade-secret case
… count of obstruction of justice. He was sentenced to 36 months total on all seven counts, also served concurrently. Qin will pay $100 for each count, plus another fine of $25,000. Du, who was hired in 2000 as an engineer for GM's Advanced Technology …
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Porsche faces $1.8 billion suit over Volkswagen options trades
… allegations. Last week, prosecutors asked a Stuttgart criminal court to sentence Haerter to a one-year suspended prison term and pay 1 million-euro fine. Haerter's lawyer has said she is seeking an acquittal in the loan fraud case. Porsche SE owns 50 …
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Are FandI products next?
… has no direct jurisdiction over dealerships except buy-here, pay -here stores. Now some lawyers representing auto lenders fear ..... profit dealerships make by marking up the interest rate consumers pay on loans arranged at the dealership. It is telling that AutoNation …
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Automakers grow adept at targeting ads to Internet surfers
… instance, reduced inventories of the 2013 Forester crossover prior to the arrival of the redesigned 2014 model by increasing pay -per-click advertising on Google in the first quarter. Subaru bought key words for competitive vehicles such as the Honda …
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Caddy shifts warranty on certified used vehicles
… to 70,000 miles also enables Cadillac to offer the new coverage without increasing the $1,195-per-vehicle fee dealers pay to cover certification, he said. Before April 2009, certified used Cadillacs were covered by a bumper-to-bumper warranty …
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Dealer pairs test driver's phone to car
… infotainment systems with smartphone functions, and consumers willingly pay hundreds or thousands of dollars extra for vehicles with that technology. Buyers of the 2013 Dodge Charger, for example, pay $495 for an option package to add Chrysler's Uconnect hands …
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Colorado franchise bill headed to governor
… ensure that type of protection," Jackson said. Most manufacturers "were not creating a problem. So all the manufacturers will pay the price of the action of a few that have ignored the laws." The Alliance of Automobile Manufacturers strongly opposed the …
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Corvettes from 2005-2007 being probed over headlight problems
… 200 to replace the fuse box. "There is nothing the car owner could have done to prevent this issue from occurring," one driver wrote. "It is sad owners have to pay to repair a part that shouldn't wear out, because of a design flaw."
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Mercedes USA CEO: Customer service will be 'my legacy'
… we will have to create improvement. Money is on the line. How much money has Mercedes-Benz put into the margin program to pay dealers who meet the new requirements? The stakes are high -- $60 million is on the line. It is a net new payment focused …
