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Tag Archives: economic

German economy bounces back, post-stimulus

Germany, Europe’s economic engine, is back in gear after a painful recession, as foreign customers snap up cars and industrial machinery and the country reaps the benefits of stimulus spending that helped keep the motor running at home during the

Growing demand for cars spurs solid gains in Canadian…

Growing demand for cars spurred solid gains in Canadian manufacturing sales in May, adding to the impression of a steady but gradual economic recovery in Canada that contrasts with the United States, where patchy

MESS Report / In the West Bank, new cars signal the…

from the west. Similar showrooms have appeared at Jenin’s southern and northern entrances. The dealerships, showing brand-new cars, reflect the economic growth in the West Bank. While in the ’90s, West Bank cities served as a hideout for cars stolen from

Holden recalling 34,000 utes

Holden says it will send out letters to customers this week to arrange a free rework of their cars. Last month Ford and Holden said the industry had started to bounce back after the economic downturn. During the global financial crisis Australia’s two

Following McDull, China’s youth chase dreams without…

generation. With increasing housing prices, they work harder and harder to improve their economic power to buy houses, cars and other things, while not just waiting for policies to reduce prices or living off of their parents’ hand-outs, report on

Backward Driving Culture

lags far behind in traffic culture. As of 2007, the number of traffic accident deaths per 10,000 cars was 3.1, more than twice the Organization for Economic Cooperation and Development average of 1.5. Annual losses stemming from traffic accidents reached

JAPAN BIZ TRACK: For less-affluent Chinese, electric…

in 2000. Along with this rapid growth, a variety of vehicles appeared on the market, including bare-bones electric cars and two- and three-wheeled vehicles. As incomes have risen on the wave of strong economic growth, many Chinese are finally able to

Thai domestic car sales in May 8.89% higher over April

in light of the country’s economic recovery, Surapong said.Meanwhile, Thailand exported a total of 75,075 cars in May, or 135.25 percent higher year on year and 31.39 percent higher from April, said Surapong.The exports’ value for May stood at 3.264

Retail sales in May plunge by largest amount in 8…

sales plunged in May by the largest amount in eight months as consumers slashed spending on everything from cars to clothing. The big drop raises new worries about the durability of the economic recovery. The Commerce Department says that spending fell

Munro fourth-quarter net income nearly doubles

Repair shops like Monro have largely seen better business in the economic downturn as strapped consumers repaired older cars rather than buying new ones. Monro said same-store sales, or sales at stores open at least a year, increased 8 percent in the