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...Paint comprises almost a quarter of the cost to repair a car, said David Creswell, chair of trade group Auto Body Professionals Club....
...A version of this article was first published by Nikkei Asia on May 5 2021. ©2021 Nikkei Inc....
...Thousands of gleaming trucks wait on railcars to be shipped to auto dealers around the US....
...Who knows, they shrug, maybe there will be fewer trucks for a net benefit in cost and safety....
...GE also pledged to pay $15bn over the next seven years to cover continuing liabilities from insurance businesses that it sold more than a decade ago, shocking investors with the scale of the new charges....
...Berkshire Hathaway, the auto parts-to-insurance conglomerate founded by Buffett, acquired a 38.6 perper centuity stake in the Tennessee-based company that will rise to an 80 per cent stake in 2023....
...But the growing number of new cars and trucks in urban centers is likely to worsen commerce-stifling traffic jams in major cities such as Bangkok, Jakarta and Manila — adding urgency to much needed transport...
...When they turn up the bright lights and loud music at Detroit’s Cobo Center, for the city's annual auto show, it can seem a world away from the functional conference suites in which General Motors, Ford...
...Ford is especially dependent on its F-series pickup trucks, while General Motors does disproportionately well out of its GMC pickups and sports utility vehicles....
...’s sales were driven by a slowly recovering economy, more available credit and the need for consumers and businesses to replace aging cars and trucks.”...
...Bridgestone jumped 2.8 per cent to Y1,916 after raising truck and bus tyre prices....
...Your Choice Auto, an insurance policy that rewards good drivers. I designed it on the back of a pizza box. What is your biggest business mistake? I’ve made many....
...with individual states and insurance companies....
...Members of the United Auto Workers are due to rally tomorrow outside the Cobo Center, which houses the trade show, to protest against the wage cuts Washington is demanding in exchange for bail-out funds....
...Referring to a surge in popularity of four-cylinder engines, Bob Carter, head of the Toyota brand in the US, said on Thursday “that sort of shift rattles every auto company and it means we’re looking for...
...Mohammed A. El-Erian is a co-CEO and co-CIO of PIMCO, one of the largest investment management companies in the world....
...The entrepreneur, who sold his Auto Trader stable of magazines selling cars, bikes and trucks for £174m in 1998, is now worth around £400m, according to the Sunday Times Rich List, which rates him 195th...
...Along the way it lost its distinctive V-tail and picked up a conventional tail. But it is still fast....
...Kindler, Chairman and CEO, Pfizer Inc., USA Klaus Kleinfeld, President and CEO, Siemens AG, Germany Mustafa V....
...KSR, the company that brought the appeal to the Supreme Court, is a Canadian auto parts company that supplies adjustable gas pedals for light trucks....
...Center for Responsive Politics, a nonpartisan group that tracks money in politics....
...The moves came as the auto maker posted a $1.63 billion loss amid deteriorating sales of trucks and SUVs....
...Group Inc....
...Under their contract with the United Auto Workers union, laid-off workers are assigned to a "jobs bank" where they are entitled to full wages and benefits after 48 weeks on state unemployment insurance....
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