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  • Profits and revenues recorded an increase Magna

    Profits and revenues recorded an increase Magna

    Magna International (TSX: MG) has displayed Friday a profit increase of more than seven per cent for the first quarter, the manufacturer of auto parts has managed to increase its sales despite the general slowdown in the industry. Ontario company has reported a net profit attributable to shareholders of U.S. $ 369 million, or $ 1.57 per share, compared to that of U.S. $ 343 million, or U.S. $

  • Traffic congestion was worse in the U.S. in 2011 according to a study

    Traffic congestion was worse in the U.S. in 2011 according to a study

    In 2011, American motorists have spent $ 5.5 billion more hours in their vehicles because of the urban road congestion. According to a report published by the Institute of Transportation Texas A & M, so the Americans had to spend an hour each day has a displacement that would have taken 20 minutes had it not been for congestion. In 2011, this congestion has cost $ 121 billion to U.S. motorists,

  • Lexus remains the most reliable brand in the U.S.

    Lexus remains the most reliable brand in the U.S.

    For the third consecutive year, the study on the reliability of the survey firm JD Power confirms the excellence of Lexus. The division of luxury vehicles Toyota and ahead of Mercedes-Benz and Cadillac. The process is to apply to independent experts to analyze the number of problems per vehicle occurred more than three years at the rate of ten. Between October and December 2013, more than 41,000

  • The Pontiac brand is no longer

    The Pontiac brand is no longer

    In 1899, nee Pontiac Spring and Wagon Works, which was specialized in the design and manufacture of trucks. In 1907, the company decided to move towards the production of passenger cars. After having designed and developed some prototypes exposed in the major auto shows of the time, the company was merged with the Company Oakland Motor Co. and the first models of brands Pontiac and Oakland, are

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