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Singapore sovereign wealth fund GIC and Australian private equity firm Ironbridge Capital plan to launch an initial public offering of Australia’s FleetPartners.
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The national average price of a gallon of unleaded gasoline has fallen to a level not seen since the spring of 2009. It fell 2.2 cents to $2.044 for the week ending Jan. 26, according to federal data.
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General Motors has updated its RemoteLink mobile app for OnStar to improve the way drivers can remotely control vehicle functions, the automaker announced.
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Ford Motor Co. has opened a research center in Silicon Valley to accelerate its development of technologies and experiments in connectivity, mobility, autonomous vehicles, customer experience and big data.
Read More →The Dubai Police Department has standardized on the ZOLL AED Plus for its fleet of police cars. This is first installation of AEDs in police cars in the Middle East.
Read More →Brazilian automotive vehicle manufacturer association Anfavea has confirmed MAN Latin America as the market leader for trucks for the 12th year in a row. The company closed 2014 with 36,157 licensed units.
Read More →Italian automaker Maserati has selected the Leaselink e-procurement platform from European online procurement specialist Ebbon-Dacs for all its dealers throughout the country as it bids to increase its presence in the UK corporate market.
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Modern diesels burn so cleanly that laboratory rats suffered no lung illnesses during a lengthy study of their exposure to exhaust gases, according to the Health Effects Institute.
Read More →Rapidly growing demand for electric vehicles (EVs) in China is triggering an explosion of investment in the lithium-ion battery industry, with China's production of power lithium-ion batteries set to jump 400 percent by 2017.
Read More →The Bill and Melinda Gates Foundation has recognized the contributions of Matthews Specialty Vehicles for its efforts in fighting Ebola, making potentially life-saving therapies available to those affected by the deadly virus.
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