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16 Dec 2010 22:32


U.S.: Congress passes bill requiring hybrids to be louder

  • The trend toward putting more environmentally friendly, quiet vehicles on the road has unintentionally jeopardized the safety and independence of the blind and other pedestrians.
  • Rep. Edolphus Towns (D-N.Y) • Regarding the House’s recent passage of a new bill requiring auto regulators to set minimum decibel levels for hybrid vehicles. Because hybrids are so quiet, pedestrians sometimes don’t hear ’em coming, and so they get hit. It’s a particularly big issue for the visually impaired, who often rely on a car’s noise to warn them of its presence. The bill has already passed the Senate and is on its way to becoming law. source

18 Aug 2010 19:26


Biz: General Motors’ IPO is pretty big, but it likely won’t be the biggest

  • $12-16 billion the amount GM’s upcoming IPO is expected to raise
  • $19.7
    the amount Visa’s 2008 IPO, the largest ever, raised source

12 Aug 2010 10:27


Biz: GM’s profits: Here’s your beacon of hope, depressed investors

  • $1.3 billion in profits this quarter, the best since 2004 source

23 Jul 2010 13:53


Biz: Ford makes it five straight quarters of actual profit

  • $2.6 billion in profits this quarter; who needs a bailout? source

27 May 2010 20:47


Biz: Ford kills Mercury, has eyes on Zeus himself next

  • 528k number of Mercury models the automaker sold in 1985
  • 92k number of Mercury models they sold just last year
  • 0k number of Mercury models they plan to sell after 2010 source
  • Why kill them? Simply put, Ford is trying to ditch most of their sub-brands to focus on the flagship. Jaguar, Land Rover and Volvo have all met similar fates. Mercury has more history than any of those brands, though – at 71, it’s eligible for social security.

21 Apr 2010 10:16


Biz: Chrysler: Big losses, bright spots since exiting bankruptcy

  • $4
    the amount Chrysler has lost
    since exiting bankruptcy; they’ve turned a corner though
  • $143
    the company’s operating profit
    this quarter, due to all the cuts
    they’ve made source

12 Apr 2010 09:43


Biz: Toyota’s way of handling recalls: Cover up, then come clean

  • I hate to break this to you, but we have a tendency for mechanical failure in accelerator pedals of a certain manufacturer on certain models. … The time to hide on this one is over. We need to come clean.
  • A note from Toyota executive Irving A. Miller • Admitting that they would have to recall millions of vehicles. Over a four-month period, the company had made an active effort to hide the problems with their cars from the government. Unsuccessfully. The New York Times’ document analysis suggests that there was a whole lotta fail going on with the vehicles, and a lot more cover-up. While the company obviously screwed up, some congressmen are suggesting that federal regulators should shoulder some of the blame. source

07 Apr 2010 10:42


Biz: GM lost a little pocket change in the second half of 2009

  • $4.3 billion in losses – and that was after bankruptcy source

16 Mar 2010 21:13


Biz: Honda trying to be like Toyota in the worst way possible

  • 412,000 cars recalled for bad brakes source

09 Mar 2010 13:28


Politics: Is the runaway Prius story getting a tad bit overhyped?

  • No one was hurt. But we have a new instant celebrity. When what we really need is to put the brakes on out-of-whack priorities.
  • MarketWatch assistant managing editor Steve Kerch • Regarding the runaway Toyota Prius story getting lots of attention. He prefaces this story by noting a recent car crash in Chicago that killed four young women but got no national press coverage. “As the circus grows around every little Toyota engine burp,” Kerch notes, “turn a thought to those four women. It’ll help you keep your perspective on true tragedy.” Well-put. source