How Japan’s Nidec is pushing into the electric vehicles business
Nidec’s Nagamori has said he believes the way to become a market leader in e-axles is to focus on making the technology inexpensive. The way to do that, he says, is by being able to produce every component and sub-technology…
Consumer prices rise 0.2% in September, used vehicles spike
SILVER SPRING, Md. (AP) — U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles. The consumer price index rose 0.2% last month, after gaining 0.4% in August, the Labor Department reported…
Used vehicles again lift U.S. consumer prices, but inflation cooling
WASHINGTON (Reuters) – U.S. consumer prices increased for a fourth straight month in September, with the cost of cars and trucks rising by the most since 1969, but inflation is slowing amid excess capacity in the economy as it gradually…
Consumer prices rise 0.2% in September, used vehicles spike | Business
SILVER SPRING, Md. – U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles. The consumer price index rose 0.2% last month, after gaining 0.4% in August, the Labor Department reported…
Used vehicles lift U.S. consumer prices, but inflation slowing
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices increased for a fourth straight month in September, with the cost of cars and trucks rising by the most since 1969, though inflation is slowing amid labor market slack as the…
Startup Emergency Safety Solutions develops tech for emergency signals to highlight disabled vehicles
One study by Impact Research found that more than 70,000 people are involved in crashes involving stationary and disabled vehicles each year in the U.S., including 566 fatalities. The study said fatalities can be avoided with enhanced lighting features on…
Bapcor sales bonanza as car owners dress up vehicles
Bapcor said sales across the whole business for the three months ended September 30 rose 27 per cent from the year-earlier period. Shares in the company gained 4.3 per cent in early trade to $7.94. Retail revenue jumped a whopping…
Woodland PD: 4 vehicles burned in repair shop arson
Three vehicles were totaled and another was damaged in an apparent arson fire at a Woodland auto repair shop Friday morning, police said. The fire started shortly after 4 a.m. at Precision Auto Care on Main Street, the Woodland Police…
Electric cars really do cost less to own than gas-powered vehicles, report says
Electric car manufacturers have long claimed their vehicles are ultimately less expensive to own than their gas-powered counterparts, and it now looks like that wasn’t just classic marketing spin. Consumer Reports has published a study indicating that the most popular…
Suffolk County wrongly held auto company vehicles, federal lawsuits say
Subsidiaries of three auto companies and a bank that makes auto loans each sued Suffolk County in federal court this week, alleging the county wrongly held seized vehicles in which the plaintiffs held an interest. The lawsuits allege Suffolk wrongly…