Russia’s largest carmaker AvtoVAZ swung to a first-half net loss as the country’s economic slowdown took a heavy toll on demand.
Daily Archives: October 5, 2013
USA Truck Buyout Bidder Knight Ups Stock Ownership
Knight Transportation Inc. of Phoenix now owns 11.3 percent of USA Truck Inc.’s shares, four days after the Van Buren-based long-haul trucking company rejected an unsolicited $242 million buyout bid at $9 a share.
Claiming support from “several of USA Truck’s largest shareholders” in an acquisition attempt that first dates to Sept. 6, Knight Transportation said Monday it was “disappointed that USA Truck has once again rejected Knight’s all-cash, premium proposal.”
Jaguar C-X75 Prototype test car takes to the hillclimb at Goodwood
The new Jaguar C-X75 Prototype test car takes to the hillclimb at the Goodwood Festival of Speed.
Subaru adds new 2.0 diesel SX variant to Outback range
Subaru has revised the Outback, with the addition of a new, more generously equipped SX trim level and more importantly a Lineartronic CVT automatic gearbox linked to a 2.0-litre diesel Boxer engine.
Europe Light commercial vehicle telematics market underpenetrated
The European light commercial vehicle (LCV) telematics market is largely untapped. Overall penetration of telematics in the 29 million LCVs in operation in Europe is just 6.2 per cent, which presents immense opportunities for telematics vendors as well as original equipment manufacturers (OEMs).
