Linda Young – AHN News Writer Dearborn, MI, United States (AHN) – The Ford Motor Company reported its third consecutive full-year profit on Friday, announcing its best annual earnings since 1998. Although 2011 was the second most profitable year in the company’s 109-year history, much of that profit was a non-cash gain from a large [...]
Archive for the ‘Used Car Price’ Category
Bad water pumps prompting recall of thousands of Mini autos
January 18th, 2012
davidguide Diane Alter – AHN News Reporter Washington, D.C., United States (AHN) – BMW is recalling 89,000 Mini brand cars in the United States over faulty water pumps that can malfunction and cause engine compartment fires. The recall comes some three months after the National Highway Traffic Safety Administration opened a defects investigation, citing 12 reports [...]
Saab files for bankruptcy after Chinese deal fails
December 25th, 2011
davidguide Matthew Borghese – AHN News Contributor Trollhattan, Sweden (AHN) – Swedish carmaker Saab is filing for bankruptcy after a deal to infuse Chinese funds fell through over technology licensing objections from American shareholders. The Chinese deal was the last hope for Saab, which has suspended work at its main factory and has failed to pay [...]
Chrysler to revive Dodge Dart as its new small car
December 13th, 2011
davidguide Diane Alter – AHN News Reporter Detroit, MI, United States (AHN) – Chrysler’s Dodge Dart has found new life as a smart car. Chrysler Group LLC said its new smart car, the first vehicle to feature Fiat SpA technology, will be called the Dodge Dart. The vehicle, currently in production, will be highlighted at the [...]
Toyota adding 1,500 jobs in United Kingdom
December 1st, 2011
davidguide Linda Young – AHN News Writer Derbyshire, United Kingdom (AHN) – Toyota has announced plans to add up to 1,500 new jobs at its Burnaston factory in Derbyshire in the United Kingdom. Company officials say that Toyota will invest more than $155 million into making the factory its sole European plant for the next hatchback [...]
Honda halves production after Thai floods cause parts shortage
November 7th, 2011
davidguide Linda Young – AHN News Writer Detroit, MI, United States (AHN) – Honda Motor Co. has announced plans to cut production by half at its factories in the United States and Canada because of flooding in Thailand that affected auto parts production there. It was the second time this year that Honda has cut production [...]
World’s oldest running car sold for $4.6 million
October 14th, 2011
davidguide Diane Alter – AHN News Reporter Hershey, PA, United States (AHN) – A 127-year-old steam powered automobile, billed as the world’s oldest car that still runs, has been sold at an auction here for $4.6 million. The sale Friday by RM Auctions represents the highest price ever paid for an early automobile at auction. The [...]
Olympic long jump hopeful clears three Mini Coopers
October 2nd, 2011
davidguide Diane Alter – AHN News Reporter London, England, United Kingdom (AHN) – He wasn’t wearing a red cape, and he didn’t leap tall buildings. Instead, he wore shorts, a T-shirt and sneakers. But his feat was impressive nonetheless. JJ Jegede, London 2012 Olympics long jump hopeful, successfully leaped over and cleared three parked Mini Coopers. [...]
Olympic long jump hopeful clears three Mini Coopers
October 2nd, 2011
davidguide Diane Alter – AHN News Reporter London, England, United Kingdom (AHN) – He wasn’t wearing a red cape, and he didn’t leap tall buildings. Instead, he wore shorts, a T-shirt and sneakers. But his feat was impressive nonetheless. JJ Jegede, London 2012 Olympics long jump hopeful, successfully leaped over and cleared three parked Mini Coopers. [...]


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