”private car ownership” News

Cuban vintage cars evoke U.S. industry's better times

HAVANA (Reuters) – U.S. automakers are struggling to survive the financial crisis but in communist Cuba the cars that Chevrolet and Ford built decades ago are still cruising the streets and their owners have a message for the manufacturers: they don't make 'em like they used
12 11 2008 11:07AM (...more)

China's roads are deadliest in the world

BEIJING - Once again, China 's roads are the deadliest in the world, a government news agency said Friday.
03 22 2008 1:18AM (...more)

Indian cyclists fighting for pedal power revolution

MUMBAI (AFP) – In India, where the car is king, the only cyclists tend to be delivery men, heaving the pedals of ancient, rusting, single-gear machines laden with milk churns or tied-up bales of newspapers. But the country's small, yet vocal, band of cycling enthusiasts is
02 13 2009 9:35AM (...more)

Chinese oil companies promise more fuel

BEIJING - China 's two main oil companies have promised to step up diesel production, the government said Tuesday, following two weeks of shortages blamed on price controls that have disrupted trucking and caused long lines at filling stations.
11 6 2007 5:16PM (...more)

India's first 'sea bridge' opens in Mumbai

MUMBAI (AFP) – India 's first "sea bridge" was officially opened in Mumbai on Tuesday, raising hopes that the state-of-the-art structure will ease chronic congestion on the city's notoriously choked roads. The
07 4 2009 2:44AM (...more)

Mumbai bridge raises hopes for new infrastructure

MUMBAI (AFP) – After years of delays and legal wrangling, India 's first "sea bridge" opens to traffic this week, aiming to ease chronic congestion on Mumbai's notoriously choked roads. It is hoped that the 16.5-billion-rupee
06 30 2009 7:04AM (...more)

New Bill Ends Government-Run Companies

The federal government currently holds various ownership stakes in over 500 private companies. This alarming fact, along with the events of recent days in the auto industry, should serve as a wakeup call for all those concerned about
06 20 2009 2:20PM (...more)

House Passes Auto Bailout; Senate Fortunes Uncertain

The House passed a $14 billion auto industry bailout Wednesday, leaving it to an uncertain fate in the Senate. The 237-170 vote shifted the focus to Senate efforts to round up enough support for the package, which has gotten a cool reception from Republicans. After reaching a
12 11 2008 7:18PM (...more)

Senate Republicans Give Auto Bailout Bill a Chilly Reception

Democratic leaders in Congress were scrambling to build support for the $14 billion draft automobile industry rescue package Wednesday, as Senate Republicans gave the plan a decidedly cool reception. After reaching a deal with Democratic leaders on the plan (HR 7321), which would send
12 11 2008 4:21PM (...more)

Drive a Bugatti supercar without ownership hassle

SYDNEY (Reuters Life!) - Call it rental, but for the super-rich: the Australian chapter of an elite automobile club is allowing members to drive the Bugatti Veyron , one of the world's fastest supercars, without worrying about actually owning it.
08 26 2008 12:06AM (...more)