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  • KFH Automall Ramadan promotion records outstanding success Saturday, September 4, 2010 @ 3:58AMThe current KFH Automall promotion, "Uncover your Best Ramadan Offer", received a resounding response from the public, rocketing sales and increasing customers by over 80%. The campaign achieved its objective of allowing customers to buy their choice of cars easier, faster and cheaper.
  • Summer Rerun: Self-Inflicted Wounds and Mutual Assured Destruction Saturday, September 4, 2010 @ 2:16AMThis post first appeared on March 11, 2008 Oooh, the week has barely started and we’ve already had an overdose of adrenaline-generating news. Thornburg Mortgage and Carlyle Capital, both twisting in the wind, battered by margin calls, look unlikely to escape bankruptcy (Thornburg has already defaulted on financing agreements; Carlyle is seeking a standstill). Freddie and [...]
  • Nissan Announces Plan to Grow Presence in Argentina Saturday, September 4, 2010 @ 2:13AMBUENOS AIRES, Argentina, Sept. 3 -- Nissan Americas today announced a new business strategy to grow the company's presence in Argentina through a partnership with Manuel Antelo.
  • Former employee is taking over Educators Credit Union car sales Friday, September 3, 2010 @ 6:37PMSTURTEVANT - A former Educators Credit Union employee will takeover the auto sales with a new business called AutoWerks.
  • Hale Global Completes Acquisition of QL2 Software Friday, September 3, 2010 @ 6:22PMSEATTLE, Sept. 3 /PRNewswire/ -- Hale Global and QL2 Software, Inc. today announced that they have completed the plan of reorganization previously approved by the bankruptcy court. The reorganized company is named QL2 Software, LLC. The plan of reorganization pays allowed creditor claims in full, with consideration for equity holders and exit financing to support the growth of QL2. "After six ...
  • ADESA Opens New Auction in Cincinnati Friday, September 3, 2010 @ 3:54PMCARMBEL, IN - ADESA announced that it has expanded its reach in the greater Cincinnati area with the opening of a new used-vehicle auction. ADESA Queen City joins ADESA Cincinnati-Dayton and ADESA Cleveland in the robust Ohio market.
  • Employment Report Stokes Stocks, Housing And Autos Still Limp Friday, September 3, 2010 @ 2:21PMWere the few encouraging economic reports this week enough to even offset the negative reports of the week, let alone the deluge of negative reports from previous weeks?
  • Goldman Sachs Leads a US$70m Investment in eHi Car Rental Tuesday, August 31, 2010 @ 3:23PMSHANGHAI, Aug. 30, 2010; eHi Car Rental (http://www.1hai.cn/ , "eHi"), a Shanghai-based leading car rental company in China, is pleased to announce that it has signed a definitive investment agreement valued at US$70 million today with a consortium including Goldman Sachs, as the lead investor, and all of eHi's existing shareholders: Qiming Venture Partners, CDH ...
  • Sacramento airport successful in expansion bond sale Tuesday, August 31, 2010 @ 1:45PMSacramento International Airport officials have secured what they say is the last piece of the financing puzzle for their $1.1 billion expansion project.
  • Only 29% of closed Chrysler and GM car dealers will reopen Tuesday, August 31, 2010 @ 1:45PMWhen Chrysler and GM filed for bankruptcy in 2009 they planned to shutter thousands of dealerships across the country. Fewer than one third of the dealers who hoped to stay in business are in the running for a comeback.
  • Commissioners extend pledge for Pigeon Drain Tuesday, August 31, 2010 @ 1:28PMBy Kate HesslingTribune Staff Writer BAD AXE — Pledging the full faith and credit of Huron County for two drain improvement projects was one of the topics at Tuesday’s county commissioners meeting.
  • Electric car company Tanfield short circuits on fundraising news Tuesday, August 31, 2010 @ 1:13PMShares in Tanfield have plunged by more than a third as the electric vehicle and access platform business said it needed to raise more cash. It plans an equity fundraising at a substantial discount to the current market price (or rather the market price before it made the announcement) which would be partially underwritten by some of its directors. The problem is that its net cash had fallen to ...
  • Chrysler seeks Fiat dealerships in 165 U.S. places Tuesday, August 31, 2010 @ 12:51PMChrysler Group LLC, the U.S. automaker run by Fiat SpA, said it wants Fiat dealerships in about 165 U.S. locations as the Italian automaker expands in North America.
  • Former Hilbert mansion draws local interest in auction Tuesday, August 31, 2010 @ 10:45AMSealed-bid auction attracts a half-dozen bids from interested owners that are "more centrally located than you might think," said the listing agent.
  • The Summer the Recovery Went Missing Tuesday, August 31, 2010 @ 6:54AMTHE American economy is once again tilting toward danger. Despite an aggressive regimen of treatments from the conventional to the exotic - more than $800 billion in federal spending, and trillions of dollars worth of credit from the Federal Reserve - fears of a second recession are growing...
  • Egyptian Arab Land Bank Offers Customers Flexible Repayment Terms on Loans during Ramadan Tuesday, August 31, 2010 @ 3:45AMAmman: The Egyptian Arab Land Bank (EALB), one of the pioneers in the Jordanian banking sector, is introducing a new financing alternative during the Holy month of Ramadan that provides customers with the opportunity to benefit from flexible repayment terms on any personal, commercial, car or real estate loans.
  • Economy's Course Puzzling, But Changes in Equipment, Driver Pay Coming, Say Speakers at CV Outlook 2010 Tuesday, August 31, 2010 @ 2:05AMIt's the economy, stupid. But even the smart guys on the speakers list at the Heavy Duty Manufacturers Association's Commercial Vehicle Outlook 2010, held in Dallas Aug. 25-26, didn't know exactly where it's headed, though they tried hard to guestimate its puzzling course.
  • Non-Investor Law Firm Clients to Recoup Bulk of Funds Stolen by Rothstein Tuesday, August 31, 2010 @ 2:01AMWhile most victims of lawyer-turned-convicted-felon Scott Rothstein will recover pennies on the dollar in his criminal case, about three dozen clients will be made whole, a judge ruled Monday.
  • CCB share-issuing plan approved Tuesday, August 24, 2010 @ 7:08PMGuo Shuqing, chairman of China Construction Bank, said Monday that the bank's plan to raise 75 billion yuan ($11.03 billion) via A-share and H-share issuings has been approved by the China Banking Regulatory Commission (CBRC) and the deadline has been set to year-end.
  • 20. AmBank aims to give out RM500m car loans in 2010 Tuesday, August 24, 2010 @ 6:41PMKUALA LUMPUR: AmBank (M) Bhd aims to disburse about RM500mil car loans this year, a 2% growth of its total hire-purchase receivables of about RM24bil.
  • What's on: Wed's picks Tuesday, August 24, 2010 @ 5:35PMEvents listing for Aug 25
  • Mexico aims to serve retiring Baby Boomers Tuesday, August 24, 2010 @ 5:30PMMexico violence has moved away from Tijuana but Americans are reluctant to cross the border.
  • A rich life on the poor farm Tuesday, August 24, 2010 @ 4:32PMA Mankato couple turned the former Blue Earth County Poor Farm into the home - and studio and salon - of their dreams.
  • Toll Brothers’ Yearley Sees Land as ‘Gold’ in Rebound Tuesday, August 24, 2010 @ 10:19AMDouglas Yearley Jr., the first non- Toll brother to lead Toll Brothers Inc., has a plaque on his desk with a warning: “You can buy more land in an afternoon than you can get rid of in a lifetime.”
  • Leasing volumes rise 17% for July: ELFA Tuesday, August 24, 2010 @ 9:14AMNEW YORK (MarketWatch) -- Leasing activity among U.S. businesses in July was up slightly when compared to the prior month, according to data release Tuesday by the Equipment Leasing and Finance Association, reflecting a slow down in capital spending. For July, the trade group said new business volume rose 17% from a year ago to $5.6 billion, though that was a modest increase when compared to $5 ...
  • Tech innovation center opens in Columbia Sunday, August 22, 2010 @ 11:34PMCOLUMBIA -- The University of South Carolina and the S.C. Research Authority on Thursday officially opened their $6.6 million high-tech business incubator in downtown Columbia.
  • City ups the ante in debate over Weybosset Street faade Sunday, August 22, 2010 @ 9:46PMPROVIDENCE - Five years ago, a developer tore down two downtown buildings between Westminster and Weybosset streets, leaving a lone brick faade standing on Weybosset.
  • CIMB Research Neutral on Proton, maintains TP of RM5.15 Sunday, August 22, 2010 @ 8:50PMKUALA LUMPUR: CIMB Equities Research is retaining its earnings projections for aProton Holdings Bhd as the car maker will be releasing its 1QFY11 results on Monday, Aug 23. “The stock remains a Neutral. Also intact is our target price of RM5.15 as we continue to apply a 10% premium to its five-year historical P/BV of 0.5 times,” it said in a research note. The Edge Weekly reported that Proton’s ...
  • Clipper card catches on fast - trips up system Sunday, August 22, 2010 @ 7:43PMClipper, the Bay Area's costly and long-delayed universal transit card, is gaining ground at a good clip since its official premiere in June, regional transit officials say. But the fast pace at which Bay Area transit riders are switching to Clipper has at... San Francisco Bay Area - United States - California - Metro Areas - Bay Area
  • Chinese, Japanese truck makers to drive into India Sunday, August 22, 2010 @ 3:38PMChinese, Japanese truck makers to drive into IndiaChinese, Japanese truck makers to drive into India
  • Punjab & Sind Bank to raise Rs 500-600 crore via IPO Sunday, August 22, 2010 @ 1:54PMGovernment-owned Punjab & Sind Bank is planning to raise Rs 500-600 crore through an initial public offer (IPO) by diluting 17-18 per cent of the government stake. The bank is likely to hit the capital market by this year. The proceeds from the issue would be utilised in funding the expansion plans.
  • New Car Buying Checklist Sunday, August 22, 2010 @ 12:29PMIn the market for a new car? Use this handy new car buying checklist and you'll be in a better position to make the right choices.
  • Small Business Conference helps our members grow Sunday, August 22, 2010 @ 6:22AMWhew! By the time you read this, the Dream Cruise should be fading from our rear-view mirrors. The annual classic car extravaganza seems as popular as ever, with no end to its popularity in sight.
  • Housing's rebound stalling Sunday, August 22, 2010 @ 5:19AMChanges in federal rules could worsen summer's slump
  • Privacy Lines Blur in Bid to Use GPS Devices to Study Drivers Thursday, August 19, 2010 @ 2:45PMAuto finance company is seeking the legality to analyze driving patterns of its customers using navigational devices.
  • Potash: Thursday, August 19, 2010 @ 2:38PMPotash Corp of Saskatchewan is willing to sell at the right price – and that’s higher than the $39 billion offered by BHP Billiton. A competitive auction is the Canadian target’s best bet in getting the fullest price. But the fertilizer group may struggle to get one going.
  • Strong PV Demand in 2009, 2010...and 2011? Thursday, August 19, 2010 @ 1:02PMPaula Mints from Navigant Consulting looks at long-term and near-term demand trends, to illustrate what the PV industry needs to develop a sustainable market vs. the perception of being a highly subsidized type of commodity: electricity.
  • Tata Motors to Raise $700M Thursday, August 19, 2010 @ 11:29AMNews has leaked that Indian auto giant, Tata Motors Ltd. , will raise $700 million by selling shares with differential voting rights.
  • "Saw" veteran makes date for "11 11 11" Thursday, August 19, 2010 @ 10:41AMDarren Lynn Bousman, the director of several "Saw" movies, is taking on the 11:11 phenomenon with a horror-tinged thriller titled "11 11 11" that will land in theaters on Friday, November 11, 2011.
  • Finding New Ways to Fill the Tank Thursday, August 19, 2010 @ 10:02AMA new federal agency is financing attempts to find a renewable replacement for gasoline and diesel fuel, like a new liquid fuel or a much better battery.
  • Personal Details Unveiled in Hunt for Escaped Arizona Inmate, Accomplice Thursday, August 19, 2010 @ 8:42AMAuthorities are releasing new information in the search for an escaped Arizona inmate and his female accomplice, hoping the public will spot the fugitives as they step up search efforts in the northwestern U.S. and Canada. 
  • Letters to the Editor Thursday, August 19, 2010 @ 8:16AMNo need for another Nepewassi ramp Why is there a need for an additional boat launch to be built on Nepewassi Lake? Nepewassi Lake is located in Estaire. This lake is home to many types of fish, birds and plant life.[...]
  • Ecologic Transportation, Inc. Appoints Dr. Martin A. Blake DBA, MBA, BSc to Board of Directors Thursday, August 19, 2010 @ 7:51AMSANTA MONICA, Calif.--(BUSINESS WIRE)--Ecologic Transportation, Inc. (“Ecologic Transportation” or the “Company”) (OTCBB: EGCT) today announced it has appointed Dr. Martin A. Blake DBA, MBA, BSc. to its Board of Directors. Mr. Blake currently serves as the Head of Corporate Social Responsibility, Sustainability and Social Policy for the Royal Mail Group plc, the postal services company for the ...
  • Ecologic Transportation, Inc. Appoints Dr. Martin A. Blake DBA, MBA, BSc to Board of Directors Thursday, August 19, 2010 @ 7:45AMSANTA MONICA, Calif.----Ecologic Transportation, Inc. today announced it has appointed Dr. Martin A. Blake DBA, MBA, BSc. to its Board of Directors.
  • LeaseCompare.com Now Offers Lease Financing for Exotic, Classic, and Sports Cars Thursday, August 19, 2010 @ 7:38AMCINCINNATI--(BUSINESS WIRE)--LeaseCompare.com offers competitive financing and leasing for Exotic, Luxury, Classic, Collector, Vintage and Sports Cars like Aston Martin, Bentley, Ferrari, Lamborghini, Lotus and Maserati
  • Microvision shares jump on financing facility Wednesday, August 18, 2010 @ 9:43AMSAN FRANCISCO (MarketWatch) - Shares of Microvision Inc. jumped 10% to $2.54 early Wednesday after the display technology company announced that it has secured an equity-financing facility. The financial facility would enable Microvision to sell up to $60 million of its shares of common stock to Azimuth Opportunity Ltd. over a 24-month period. Market Pulse Stories are Rapid-fire, short news ...
  • RMT Introduces New GPS Tracking Device Exclusively for Auto Dealerships and Buy-Here-Pay-Here Auto Finance Groups Wednesday, August 18, 2010 @ 7:50AMThe Smart Tracker Elite program offers car dealers the option to sell the anti theft device to their customers when they sell a vehicle. The pricing is discretionary to the dealer allowing them to maximize margins for additional revenue.
  • Tips for Starting Your Own Business Wednesday, August 18, 2010 @ 6:12AMSmall business owners face unique challenges, including dwindling financing and a cash-strapped customer base, but determined owners can find solutions that can lead to success. Workplace expert Tory Johnson appeared on "Good Morning America" today to talk about what small business owners can do to get their business in the black. Business - Small business - Good Morning America - Tory Johnson ...
  • Resident urges others to support BaySys Wednesday, August 18, 2010 @ 3:41AMI wish to thank the Accomack County Board of Supervisors for their recent visionary decision in favor of the Wallops Research Park. This letter may help ease anxieties regarding costs, funding and the "speed" of this decision.
  • Town Square project rents out Wednesday, August 18, 2010 @ 1:48AMONTARIO - More than a year ago, the Ontario Town Square project near City Hall resembled a ghost town rather than the city s vision of a vibrant, bustling center.