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Ex-Burnley stolen car dealer spared jail
2014-10-14 16:14:02| Auto Dealers - Topix.net
Burnley Crown Court heard how Noel Devers, 27, had been phoned, asking if he knew how to get rid of the vehicles within hours of them being stolen in burglaries. The Range Rover Vogue Sport and BMW 318 were stolen on December 9, 2012 and Devers was arrested within days.
Ex-Burnley stolen car dealer spared jail
2014-10-14 16:14:01| Auto Dealers - Topix.net
Burnley Crown Court heard how Noel Devers, 27, had been phoned, asking if he knew how to get rid of the vehicles within hours of them being stolen in burglaries. The Range Rover Vogue Sport and BMW 318 were stolen on December 9, 2012 and Devers was arrested within days.
Car dealer shares take a dive after Lithia's profit warning
2014-10-14 01:37:53| Auto Dealers - Topix.net
Shares of auto retailers took a beating Monday following a profit warning by Lithia Motors, less than two weeks after Warren Buffett sparked a broad rally by buying into the sector. tumbled 17% in midday trading to a six-month low, after the eighth-biggest auto dealer cut its third- and fourth-quarter earnings outlooks , as declining used vehicle values weighed on profit margins, and offset an upbeat sales environment.
Tags: car
profit
warning
dealer
DARPA's Concept Car Makes the Batmobile Look So Passé
2014-10-13 20:28:26| TechNewsWorld
The Defense Advanced Research Projects Agency last week posted a video of an advanced concept ground vehicle under development in its Ground X-Vehicle Technologies program. It's not clear whether the vehicle in question is a light armored car or a tank, but DARPA wants to give it improved survivability through the use of advanced technologies. The vehicle will rely more on speed than on armor.
Sept car sales in India fall 1 pct, motorcycle sales up 19 pct
2014-10-13 14:15:10| Auto Dealers - Topix.net
Car sales in India declined 1.03 per cent in September, after posting four months of consecutive growth, as customers postponed purchases during the month on account of festival season beginning in October. According to the data released by Society of Indian Automobile Manufacturers , domestic car sales in September this year stood at 1,54,882 units as compared to 1,56,494 units in the same month of 2013.
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