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Raging fire guts hundreds of cars at government-run Indian airshow

54 mins ago DieselGasoil Comments Off on Raging fire guts hundreds of cars at government-run Indian airshow
A raging fire has consumed around 300 cars at a government-run airshow in India. Footage of the extraordinary incident shows firefighters struggling to tackle the blaze as enormous clouds of black smoke engulf the parking area. The fire in the southern city of Bengaluru was likely started by “dry grass” and was aided by heavy Read More

Venezuelan border guards open fire on indigenous border community – reports

16 hours ago DieselGasoil Comments Off on Venezuelan border guards open fire on indigenous border community – reports
At least one person is dead and several more injured after Venezuelan troops opened fire on civilians near the Brazilian border, opposition figures claim. The victims were reportedly helping move humanitarian aid into Venezuela. Video footage shot by opposition politician Americo De Grazia purports to show several of the wounded being treated in hospital. Between Read More

AutoNation names new CEO as slowing auto sales hit results

19 hours ago DieselGasoil Comments Off on AutoNation names new CEO as slowing auto sales hit results
(Reuters) – AutoNation Inc said on Friday it has chosen insurance and financial services executive Carl Liebert to succeed longtime Chief Executive Officer Mike Jackson and lead the largest U.S. auto dealership chain at a challenging time, when the domestic vehicle market has been slowing. Vehicles for sale are pictured on the lot at AutoNation Read More

Anadarko Mozambique attacked for first time amid insurgency

23 hours ago DieselGasoil Comments Off on Anadarko Mozambique attacked for first time amid insurgency
By Matthew Hill and Rachel Adams-Heard on 2/22/2019 MAPUTO and HOUSTON (Bloomberg) — Unidentified gunmen attacked an Anadarko Petroleum convoy near its liquefied natural gas project in northern Mozambique, the first targeting an energy company since an insurgency by suspected Islamist militants began 16 months ago.  At least four people were injured in the raid, Read More

AutoNation misses profit, revenue estimates; names new CEO

1 day ago DieselGasoil Comments Off on AutoNation misses profit, revenue estimates; names new CEO
Vehicles for sale are pictured on the lot at AutoNation Toyota dealership in Cerritos, California December 9, 2015. REUTERS/Mario Anzuoni (Reuters) – AutoNation Inc reported lower-than-expected quarterly profit and revenue on Friday, as the largest U.S. auto retailer sold fewer new vehicles, and the company named a new chief executive officer. The tepid sales and Read More

GM CEO will not appear before Canada legislators on plant closure

2 days ago DieselGasoil Comments Off on GM CEO will not appear before Canada legislators on plant closure
FILE PHOTO: General Motors Chairman and CEO Mary Barra speaks at GM’s press conference at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Rebecca Cook/File Photo TORONTO (Reuters) – General Motors Co Chief Executive Mary Barra will not come before Canadian legislators to answer questions about the automaker’s future in Read More

Ford probing possible problems with fuel economy, emissions tests

2 days ago DieselGasoil Comments Off on Ford probing possible problems with fuel economy, emissions tests
DETROIT (Reuters) – Ford Motor Co said on Thursday it has hired outside experts to investigate its vehicle fuel economy and testing procedures after employees raised concerns, and did not know whether it would have to correct data provided to regulators or consumers. The logo of Ford is seen during the 88th International Motor Show Read More

Ford investigating possible problems with fuel economy, emissions tests

2 days ago DieselGasoil Comments Off on Ford investigating possible problems with fuel economy, emissions tests
DETROIT (Reuters) – Ford Motor Co said on Thursday it had hired outside experts to investigate its vehicle fuel economy and testing procedures after employees raised concerns, and did not know whether it would have to correct data given to regulators or consumers. The logo of Ford is seen during the 88th International Motor Show Read More

Consumer Reports yanks recommendation for Tesla's Model 3, citing reliability

2 days ago DieselGasoil Comments Off on Consumer Reports yanks recommendation for Tesla's Model 3, citing reliability
DETROIT (Reuters) – Consumer Reports on Thursday pulled a recommendation for Tesla Inc’s Model 3, citing reliability problems, and the influential U.S. magazine turned up the pressure on other automakers to include crash-avoiding automatic braking as standard equipment. FILE PHOTO: A parking lot of predominantly new Tesla Model 3 electric vehicles is seen in Richmond, Read More

Ford's Brazil shutdown highlights automakers' woes with excess capacity

2 days ago DieselGasoil Comments Off on Ford's Brazil shutdown highlights automakers' woes with excess capacity
SAO PAULO (Reuters) – Ford Motor Co’s oldest factory in Brazil, slated for closure later this year, was a giant among auto plants, occupying a sprawling 12 million square feet (111.5 hectares), bigger than many of the automaker’s U.S. facilities. The Ford logo is seen at the Ford oldest Brazil plant after company announced its Read More