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Tesla’s Annual Loss Triples as It Prepares to Launch the Model S

Tesla Motors, which went public with much fanfare last June, nearly tripled its losses for 2010 as it invested heavily to engineer and get ready for producing the Model S, its second offering and the first that targets a broader…

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Global Giants Hiding on the Pink Sheets

With few exceptions, investors should run screaming from any stock quoted on the Pink Sheets. But not every over-the-counter stock is a dud. In fact, some of them are top-notch global companies. Here are some major companies lis…

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Daimler Wins Appeal of $324 Million Award to Shareholders Over Chrysler Deal

German automaker Daimler has won its appeal of a court ruling that would have required the German automaker to pay $324 million to former Daimler-Benz shareholders who claimed they weren’t adequately compensated in the $36 bill…

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Daimler Will Recall 85,000 Mercedes Cars in the U.S.

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Daimler AG (DDAIF) is recalling about 85,000 Mercedes-Benz cars in the U.S. to adjust their power-steering systems.

The adjustment is aimed to prevent the loss of power steering fluid, The Wall Street Journal said, citing a statement on the website of U.S. traffic authority NHTSA.

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The recall affects the Mercedes 2010 C-Class and the 2010 and 2011 E-Class Coup and Cabriolet models….

Continue reading Daimler Will Recall 85,000 Mercedes Cars in the U.S.

Daimler Will Recall 85,000 Mercedes Cars in the U.S. originally appeared on DailyFinance on Mon, 11 Oct 2010 07:18:00.

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Toyota to Offer Rebates on Lexus Models to Boost Sales

Seeking to boost sales of Lexus brand vehicles, Toyota plans to offer rebates of up to $3,000, as well as subsidized financing on certain models, company executives told a gathering of Lexus dealers from across the country this …

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