A new study shows drivers who use hands free cell phones to talk or send messages while on the road are more distracted than those not using a cell phone behind the wheel.» Read More
*Battery-swap system to require $50- $100 mln investment. SAN FRANCISCO, June 18- Tesla Motor Inc is marshalling lawyers across the country to prepare for a "multi-front war" against local laws that risk stalling the electric vehicle maker's plan to bypass dealerships and sell directly to consumers.
WASHINGTON-- Output at U.S. factories, mines and utilities likely rebounded in May but not enough to signal a manufacturing resurgence. The Federal Reserve will release the May industrial production report at 9:15 a.m. EDT Friday. Economists at JPMorgan Chase predict flat factory production in May after seeing a batch of disappointing data.
June 11- Two affiliates of failed U.S. electric-car maker Coda Automotive filed for chapter 11 bankruptcy protection on Tuesday, according to court documents, in another sign of the challenges facing the "green" car industry.
Miles Electric Vehicles, founded in 2004 by "green" entrepreneur Miles Rubin, listed estimated assets in the range of $10 million to $50 million, and estimated liabilities of between $50 million and $100 million.
The National Highway Traffic Safety Administration opened an investigation into 320,000 Honda minivans to determine if they should be recalled for airbags that spontaneously deploy.
Asian stocks rose on Monday with Japan's benchmark Nikkei rebounding on the back of a strong gross domestic product (GDP) revision and a weaker yen.
FRANKFURT, June 7- German legislators voted in tax incentives for drivers of zero-emission corporate cars on Friday, cheering an industry so far disappointed by the country's flagging electric car market. The private use of a company car is treated as taxable income in Germany and measured at a flat monthly rate of 1 percent of the vehicle's gross list price.
TOKYO, June 7- The Nikkei share average entered bear market territory on Friday, having plunged 20 percent from a 5-1/ 2 year high hit last month, while Japanese government bonds gained as investors sought safety. The sell-off has wiped off about $500 billion in market capitalisation from the Nikkei, based on the benchmark's May 22 close. "
PORT TALBOT/ NEW DELHI, June 6- In the shadow of Britain's largest steel works, the town of Port Talbot braces itself after Tata Steel's $1.6 billion writedown. "It's just the kind of a business you don't want to be in, especially their UK assets, they are higher costs," said Willem Schramade, materials equity analyst for the 7 billion euros Global Equity fund at Robeco. "
A new study shows airlines worldwide set a new record in 2012 racking up $27.1 billion in ancillary revenue. The 19.9% increase in money collected from non-fare revenue sources shows airlines are expanding how they generate profits.
*Prime Minister Shinzo Abe's growth strategy in focus. TOKYO, June 5- Japan's Nikkei share average slipped on Wednesday in choppy trade as investors stayed on the sidelines ahead of a speech by Prime Minister Shinzo Abe on his growth strategy, but the dollar's rebound above 100 yen helped limit losses.
In a highly unusual move, Chrysler is fighting a request from the federal government to recall 2.7 million Jeep vehicles over concerns the fuel tank may leak.
Americans eager to drive a new car or truck have rediscovered leasing deals. In fact, leasing hit a new high in the first quarter according to Experian Automotive.
Manufacturing contracts; car sales improve; Apple execs head to court in an e-books price-fixing case, while the company's shares may head higher.
America's resurgent housing market, along with strong demand from the booming energy sector, are pushing pickup truck sales to their strongest levels in six years.
U.S. auto sales rebound in May, with Memorial Day sales and Nissan price cuts drawing buyers back into dealerships after a slower-than-expected April.
TOKYO, June 3- The Nikkei share average is expected to open weaker and test a five-week low on Monday as sharp declines in U.S. stocks dampened already fragile sentiment in Japanese equities after a near 14 percent correction from a 5-1/ 2 year peak.
As the summer vacation season kicks into high gear and you head out on the road, expect to see a familiar sight. Recreational vehicles and motor homes are experiencing a rebirth.
DETROIT, May 31- General Motors Co is giving its mainstream Chevrolet Malibu a speedier-than-usual freshening, after sales of the midsize sedan have fallen further behind those of rival cars from Toyota, Honda, Nissan and Ford.
TOKYO, May 31- Japan's Nikkei share average bounced sharply on Friday, recouping some of its recent steep losses, as investors bought back beaten-down stocks after soft U.S. economic data eased concerns that the Federal Reserve would soon start unwinding its massive stimulus.