Italian brake maker Brembo reported a 74 percent rise in first-quarter net profit, boosted by higher sales and a good product mix.
Daily Archives: May 16, 2014
UK Drivers Don’t Want Blanket 20mph Limits
Road safety charity The Institute of Advanced Motorists has established that, despite frenetic campaigning, most motorists don’t want blanket 20mph speed limits.
IAM research revealed that while UK drivers are very supportive of lower speed limits outside schools, with ninety-four per cent of respondents agreeing that this would be a good idea, half of the drivers canvassed are against a blanket 20mph speed limit with under a third willing to embrace the idea and a fifth are undecided. Male drivers are more likely to be against the idea than female.
GM adds 2 recalls; 2014 total above 8.5 million
General Motors added two recalls Thursday to its growing list for the year, pushing the total number of vehicles called back for fixes in 2014 to more than 8.5 million in the U.S. alone.
Peugeot family says it will remain influential in PSA
The Peugeot family will remain influential in PSA/Peugeot-Citroen after China’s Dongfeng and the French state took stakes in the automaker, Robert Peugeot, head of the FFP family holding company, said.
GM recalls 2.7M more cars; industry on record pace
General Motors recalled an additional 2.7 million vehicles Thursday as a deep dive into safety issues at the nation’s biggest automaker turned up more problems with some of the cars it built over the past decade.
