The American automobile giant General Motors will withdraw 1 300 000 cars from USA, Canada and Mexico because of problems with servo-motors in the steering. The company assures that vehicles are safe and the problem can lead to loss of control. However, the rotation of the wheel can be difficult at speeds below 24 kilometers per hour. Are affected by the defect models “Cobalt” to “Chevy” and several models of Pontiac. Toyota ( “Toyota”) even found a new problem and will replace the hoses free of oil 933 800 cars in the United States. The problem affects models “CIDA”, “Avalon” “Rav 4, as models of” Lexus “. The spokesman for Toyota Brian Lyons stressed that the problem with the hose does not affect the safety of driver and passengers do not have to download more cars in use. Recalled in recent months, Toyota, which is the largest automaker in the world, was forced to recall over 8.5 million cars worldwide because of various problems with security. Ten days before the problems of Toyota, relating to withdrawal of a significant number of cars from the U.S. and global market have deepened after it became clear that against the vehicle manufacturer may be raised and criminal charges. Nearly 8.5 million cars from the best selling Toyota models have proved a problem associated with the wedge of the throttle caused by poorly fitted pads. For this purpose, the company called all these cars in their garages.
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The U.S. auto giant Ford Motor came out of annual earnings in 2009, which has not happened since 2005, sent Wall Street Journal. Thus, the fourth largest car producer in the world are distinguished from their American rivals General Motors and Chrysler, who were rescued by the government or declared bankruptcy in 2009. Net profit for the entire Ford Motor in 2009 amounted to 2.7 billion and revenues of EUR 118.3 billion. For 2008 the company reported a loss of 14.7 billion dollars. Its leadership is not expected to come out of annual earnings before 2011. For the last quarter of 2009, Ford Motor made a profit of 868 million, or 25 cents a share. For the same three months of 2008 the company had a loss of 5.98 billion dollars or 2.51 dollars per share. If you exclude one-off effects earnings per share for the fourth quarter was 43 cents. That topped analysts’ forecast of earnings per share of Ford Motor from 26 cents. Its revenues for the fourth quarter of 2009 amounted to 35.4 billion dollars.
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The Carmaker General Motors signed a contract for sale of Hummer brand of Chinese manufacturers Sichuan Tengzhong Heavy Industrial Machinery Co., Told Automotive News. The amount of the transaction is not reported, but according to expert evaluation of brand was worth $ 150 million several months ago. Distributed to the media of communication, it is clear that the direct purchaser of the Hummer is actually a separate company in which Sichuan Tengzhong holds 80% of the shares and the remaining 20% are owned by Chinese businessman Suolang Duotszi. He holds a chemical company Lumena. Hummer deal to be approved by the Chinese Valls, told Reuters, referring to a source who is familiar with the transaction. In terms of the deal provided for the buyer to obtain a license to make and manufacture of automobiles, assuming all liabilities to existing dealers of Hummer. Moreover, the new owner of the brand will be a period of several months to use the capacity of GM’s U.S. plants to produce cars that mark. GM bought the license to produce the Hummer in 1999 by AM General and began to put on the market 3.4-ton SUVs. First appeared Hummer H1, the price was $ 140, 000, recalls Reuters. Production of this model was discontinued in 2006 when both appeared H2 and H3.
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