Warren Buffett’s Berkshire Hathaway Inc. has acquired 10 million more shares of General Motors, lifting its holdings in the company to 25 million shares. The latest investment — disclosed in a Securities and Exchange Commission filing on Thursday — comes as the U.S. government unloads a portion of its stake in the company.
You know the feeling. A cop points a radar gun at you, an IRS audit arrives in the mail, there’s a parking ticket on your windshield, or the U.S. Department of Transportation inspector just isn’t going to give up until
Volvo Trucks said that fifth wheel coupling devices from Jost International will now be standard equipment on Volvo VN and VHD tractors manufactured at its Dublin, Va., plant, which assembles all Volvo trucks sold in North America. “Introduction of this new standard fifth wheel represents our ongoing focus on safety, driver productivity and customer value,†[…]
With the help of Michael Meyer of Rate-Highway Inc. and Jim Tennant of The Tennant Group, Auto Rental News publishes monthly auto rental rate surveys for six major airports in the cities of Boston (BOS), Miami (MIA), Chicago (ORD), Houston (HOU), Seattle (SEA) and Los Angeles (LAX). The rates are based on weekly surveys and are published […]
With the New Year, 2013 model-year vehicles are now available at Budget Car Rental locations throughout the United States and Canada. Budget has taken deliveries of new cars and SUVs from a variety of manufacturers, including Ford, Nissan, Volkswagen, Chrysler, Hyundai and General Motors.
Chryslers plans to manufacture more than 300,000 Ram 1500 pickups at its Warren plant in 2013, a record in the facility’s history. The 300,000-vehicle target reflects the US automaker’s confidence in the upgraded 2013 Ram 1500 model, the importance of the pickups for the Detroit automaker’s profits and the expectation that this year pickup sales […]
The French based automaker Renault has recently announced a recall for its vehicles exported to China because of a problem with the fuel level sensors. According to the car manufacturer, this is the second recall announced by the company in China in two months, after a few weeks ago a total of 5,097 units of […]
Audi will manufacture the A3 sedan at the Gyor plant in Hungary, where expansion work is currently being done, a company communication executive told Inautonews.com. Mr. Josef Schlossmacher, Audi’s Product and Technology communication manager, told us that the A3 sedan for Europe will be built in Hungary, at the Gyor plant located in the western […]
GM might stop auto production at Opel’s Bochum plant in Germany sooner than planned as the automaker tries to make more cost cuts. Talks between Opel’s management and workers regarding the Bochum plant have begun in June 2012, with the decision that the plant will be closed in 2016. On Tuesday, January 22nd, GM Vice […]
