Category Archives: Useful Information

Blue Bird recalls school buses for steering issue

Blue Bird recalls school buses for steering issue

Blue Bird is recalling more than 2,500 All American school buses and some transit buses to fix a problem that could make steering more difficult.

Shareholders reject Tata Motors executive pay proposal

Shareholders reject Tata Motors executive pay proposal

By Avantika Chilkoti in Mumbai

Shareholders have rejected a pay proposal for three senior executives at Tata Motors, the struggling Indian carmaker, highlighting a trend towards greater investor activism in Asia’s third-largest economy.

UK car sales increase to a nine-year high

UK car sales increase to a nine-year high

UK new-car sales reached a nine-year high in the first six months, rising 11 percent to 1.3 million.

China’s BAIC Motor Hires Banks for a $2 Billion I.P.O.

China’s BAIC Motor Hires Banks for a $2 Billion I.P.O.

The Chinese carmaker BAIC Motor, partly owned by Daimler of Germany, has hired four banks for an initial public offering in Hong Kong worth up to $2 billion.

GM worker warned company of switch problem in 2005

GM worker warned company of switch problem in 2005

By TOM KRISHER

General Motors recalled 3.4 million large cars last month after finding a 9-year-old email from an employee in its files warning of trouble, according to documents released by the government Thursday.