Diane Alter – AHN News Reporter Detriot, MI, United States (AHN) – Chrysler reported a $225 million profit on Wednesday. The company capped its first profitable year since its government bailout and bankruptcy in 2009. The fourth quarter results were fueled by $15.1 billion in revenue, a 41 percent increase from the same period a [...]
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Chrysler posts $225 million profit
February 4th, 2012 
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Posted in automobile reviews 
Tags: AHN, Bailout, chrysler jeep, dramatic turnaround, economy business, million vehicles, Profit, turnaround, worldwide sales 
No Comments »GM back on top as world’s biggest automaker
January 20th, 2012 admin Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Even if you prefer Ford, BMW, Mercedes or Volkswagen, if you are an American taxpayer, you are cheering the news. General Motors, one-third of whose shares are owned by U.S. taxpayers, sold 9,025,942 vehicles in 2011, up 7.6 percent from 2010. The [...]
Controversial makeover for Gaza’s beachfront
January 15th, 2012 admin The Media Line Staff Gaza City, Palestinian Territory Omar Ghraieb / The Media – For years, it was a dusty, often garbage-strewn asphalt ribbon winding along Gaza City’s otherwise beautiful Mediterranean coast. Today, it’s a construction site, with heavy equipment plowing sand into position, digging tunnels and laying pipes. But if the plans proceed on [...]
U.S. consumer borrowing rises in November
January 10th, 2012 admin Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Consumer borrowing in the United States rose in November by more than analysts had expected, fueled by purchases of cars and other items. Spending rose by $20.4 billion to $2.48 trillion, which was the largest monthly increase since November 2001, according to the [...]
Posted in automobile reviews Tags: AHN, borrowing, d c united, economy business, Linda, linda young, median estimate, news writer, writer washington No Comments »China offers alternative to U.S. GPS system
December 31st, 2011 admin Windsor Genova – AHN News News Writer Beijing, China (AHN) – China’s own free satellite navigation service has started operating for commercial use and to eventually end its military’s reliance on the U.S. government-run global positioning system (GPS). Called Beidou or Big Dipper, the Chinese GPS initially has limited coverage and lower accuracy than the [...]
Nine months after halting production, Saab files for bankruptcy
December 21st, 2011 admin Diane Alter – AHN News Reporter Zeewolde, Netherlands (AHN) – Cash strapped car maker Saab Automotive filed for bankruptcy Monday nine months after halting production due to lack of funds. The filing follows former owner General Motors’ objections to a substantial investment from China’s Zhejang Youngman Lotus Automobile Co., that could have saved the 74-year-old [...]
Posted in automobile reviews Tags: aeroplan, AHN, filing bankruptcy, funding, lotus automobile, saab automobiles, spyker cars, ttan, Youngman No Comments »Stagnant consumer price data sends U.S. stocks higher
December 16th, 2011 admin Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks soared higher Friday after new data showed that inflation does not appear to be a problem. Just after the opening bell on Wall Street, the Dow Jones Industrial Average jumped 82 points, the Standard and Poor’s 500 Index was up [...]
Honda widens recall for airbag problem
December 6th, 2011 admin Linda Young – AHN News Writer Torrence, CA, United States (AHN) – Japanese automaker Honda has expanded its previously announced recall of vehicles with dangerous air bags to include almost 900,000 vehicles. The recall affects only vehicles sold in the United States and includes model years 2001 to 2003 of the affected cars. The recalled [...]
Posted in automobile reviews Tags: acura owners, AHN, airbag, honda owners, japanese automaker, linda young, select option, statement, torrence ca No Comments »Toyota adding 1,500 jobs in United Kingdom
November 26th, 2011 admin Linda Young – AHN News Writer Derbyshire, United Kingdom (AHN) – Toyota has announced plans to add up to 1,500 new jobs at its Burnaston factory in Derbyshire in the United Kingdom. Company officials say that Toyota will invest more than $155 million into making the factory its sole European plant for the next hatchback [...]
Urgent drive to act on road safety in Africa
November 21st, 2011 admin ADDIS ABABA, Ethiopia (IRIN) – Increasing traffic accident deaths are a likely consequence of economic and population growth in Africa unless leaders on the continent, already beset by the world’s worst road-safety record, implement a wide-ranging plan to address the second leading cause of deaths of young people, specialists at a major conference told IRIN. [...]
