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U.S. car use falls as younger generation shifts gears -study
ReutersBy Atossa Araxia Abrahamian NEW YORK, May 14 (Reuters) - Americans are driving less than they used to because of higher gasoline prices, a weak economy and changing generational preferences, according to a report released Tuesday that found a sixty-...Tags: Trips and Vacations, Ford, Gasoline Industry, Automotive Equipment, Petroleum Industry
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U.S. car use falls as younger generation shifts gears: study
ReutersNEW YORK (Reuters) - Americans are driving less than they used to because of higher gasoline prices, a weak economy and changing generational preferences, according to a report released Tuesday that found a sixty-year "driving boom" had hit the brakes....Tags: Ford, Trips and Vacations, Gasoline Industry, Petroleum Industry, Automotive Equipment
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Sedate Tuesday in US high-grade but more issuance expected
ReutersBy Shankar Ramakrishnan NEW YORK, May 14 (IFR) - A combination of a sell-off in US Treasuries and signs of indigestion after relentless supply over the last few weeks conspired to ensure a sedate Tuesday with only USD3.03bn was raised by six issuers....Tags: Banking, Hawaiian Airlines Inc., Bank of America Corp., Automotive Equipment, HSBC Holdings plc
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Nissan chief welcomes yen fall as a plus for exporting luxury Infiniti brand from Japan
AP Business WriterKAMINOKAWA-MACHI, Japan (AP) — Nissan Motor Co. President Carlos Ghosn welcomed the yen's recent decline to what he called "neutral" levels for the Japanese automaker's profitability, but said Tuesday it must drop further to be "normal." "The...Tags: Global Expansion, Automotive Equipment, Passenger Cars, Nissan, Fuel-efficient Vehicles
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Relations between automakers, suppliers have stalled -survey
ReutersBy Deepa Seetharaman DETROIT, May 13 (Reuters) - Recent improvements in rapport between automakers and their supply base stalled this year, a survey showed on Monday, with suppliers complaining about lack of communication, last-minute engineering changes...Tags: Ford, Automotive Equipment, Chrysler, General Motors Corp., Ford Motor Co.
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Indonesia president to name new finance minister this week
ReutersJAKARTA (Reuters) - Indonesia's president plans this week to name a new finance minister to oversee Southeast Asia's largest economy, acting finance minister Hatta Rajasa said on Monday, with Investment Chief Chatib Basri seen as the leading contender....Tags: Indonesia, Susilo Bambang Yudhoyono, Southeast Asia, Finance, Economy, Business and Finance
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Nikkei hits new 5-1/2-year high on weak yen; financials, exporters lead
ReutersTOKYO (Reuters) - Japan's Nikkei share average surged to a fresh 5-1/2-year high on Monday as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income. The benchmark...Tags: Exports, Companies and Corporations, Automotive Equipment, Weather, BNP Paribas
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CORRECTED-Panasonic sees profit rising 55 pct in shift from consumer gadgets
Reuters(Corrects headline, first two paragraphs to state operating profit will rise 55 percent to 250 bln yen, not more than triple to 160.9 bln yen) TOKYO, May 10 (Reuters) - Panasonic Corp forecast its operating profit will rise 55 percent in the year to...Tags: Sony Corp., Japan, Companies and Corporations, Earnings Forecasts, Business
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Panasonic sees profit more than tripling in shift from consumer gadgets
ReutersTOKYO, May 10 (Reuters) - Panasonic Corp forecast its operating profit will more than triple in the year to March 31 as it steps back from struggling operations in TVs and other consumer gadgets in favour of selling machinery, components and electronic...Tags: Sony Corp., Japan, Companies and Corporations, Earnings Forecasts, Business
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Nikkei soars to a 5-1/2 year high as dollar sails past 100 yen
ReutersTOKYO (Reuters) - Japanese shares climbed to a 5-1/2 year high on Friday as the U.S. dollar broke through the elusive 100-yen mark and extended its gains, with exporters and financials leading the charge on prospects of enhanced corporate earnings. The...Tags: Fuji Heavy Industries, Exports, Petroleum Industry, Auto Trends, Nikon Corp
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Nikkei set to tap fresh 5-year highs as dollar breaks above 100 yen
ReutersTOKYO, May 10 (Reuters) - The Nikkei share average is expected to scale yet another five-year high on Friday as the U.S. dollar finally managed to break above the elusive 100 yen mark, putting the Japanese currency at levels that should generate robust...Tags: Exports, Petroleum Industry, Automotive Equipment, S&P 500, Suzuki Motor Corp.
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Stocker to take helm of Japan airbag maker Takata
ReutersTOKYO, May 10 (Reuters) - Japan's Takata Corp said on Friday that Stefan Stocker will become its next president, a change that comes after the company's flawed airbags led to a multi-million vehicle global recall. Stocker, who is currently an corporate...Tags: Japan, Nissan Motor Co., Automotive Equipment, Toyota Recalls, Manufacturing and Engineering
May 14, 2013
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May 14, 2013
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May 14, 2013
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May 14, 2013
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May 13, 2013
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May 13, 2013
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May 13, 2013
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May 10, 2013
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May 10, 2013
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May 9, 2013
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May 9, 2013
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Original site for Toyota Motor Corp. topic gallery.