Category: Manufacturing

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Staying safe while driving on snow and ice takes practice. In addition, there are changes you can make to your vehicle to get where you need to go without putting yourself at excessive risk. Finally, it’s critically important that you allow plenty of time to get to your destination. Here are some things you should do to prepare your car for the winter season.

Check Your Tires

If you know snow is coming in or if temperatures have dropped suddenly in your area, make sure you check your tire pressure. Low tires are sloppy and handle poorly on slippery roads. In addition, check the condition of your tread. Worn tires won’t clear snow or slush, and they increase your risk of a skid. Finally, if conditions are going to be very bad and you have to be on the road, you should get snow chains on your tires, according to VicRoads.

Keep a Readiness Kit [...]

Vehicles that are new on the market right now are very different than how they used to be.There is some really innovative technology available in all areas of a vehicle. Whether you want to be able to park your vehicle safely or you need navigation to get from one place to another, you have everything that you need already installed into your vehicle. Here’s how technology can make new car purchases worth every penny compared to buying used.

A Smoother Ride

The main concern of vehicle drivers used to be just getting from point A to point B. Now, people are concerned with purchasing a vehicle that will provide them with a smooth and comfortable ride. Many vehicles are designed with specific types of suspensions that will make the ride smoother than ever.

Safer Roads

There are so many different safety features available in vehicles from all manufacturers helping to prevent fewer accidents. The rearview [...]

img-3Tesla Motors Inc., the world’s best-performing automotive stock this year, will join the Nasdaq-100 Index next week, filling the spot vacated by Oracle Corp., which is moving to the New York Stock Exchange.

The electric-car maker will be added to the gauge, which tracks the biggest companies on the Nasdaq, before the start of trading on July 15, Nasdaq OMX Group Inc. said in a statement Monday. Oracle, which last month said it will join the NYSE, is the biggest company to jump between the competing exchanges.

Shares of Tesla, the carmaker headed by billionaire Elon Musk, have more than tripled this year as the popularity of its new Model S sedan helped the company turn its first quarterly profit. Gaining entry to benchmarks tracked by investors is attractive to public companies because it provides a guaranteed shareholder base.

“It’s a coming of age, recognition [...]

img-4The Toyota Camry and the Honda Civic, the top-selling mid-size and compact cars in the U.S., face risks of reduced production as inventories of the models rise, an RBC Capital Markets report said.

Toyota’s Camry exceeded its seasonal historical average inventory by more than 15 days supply in June and Honda carried about 25 days more Civics than usual, Joseph Spak, a New York-based analyst for RBC, said in today’s report. Camry and Civic were the only models identified as at risk for reduced output among 16 of the top-selling vehicles in the U.S. market. General Motors Co., Ford Motor Co. and Chrysler Group LLC all added U.S. market share in the first six months of 2013, the first time that all three gained first-half share in 20 years. Models such as GM’s Chevrolet Cruze compact and Ford’s Fusion mid-size sedan, leading Detroit’s most competitive [...]

Fiat exercises option to buy additional 3.3% of Chrysler shares

Purchase brings closer a merger of the two automakers

img-5Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.

The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.

Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.

Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.

Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.

Chrysler has become Fiat’s most reliable profit generator as the Italian company struggles to end losses in Europe that totaled 704 million euros ($903 [...]

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