Friday, July 13, 2007

16:33:14

2007 Honda Fit Sport: A New Car in 120 Minutes

Bought a new car over the weekend, the Honda Fit Sport. It's a small, five-door hatchback, with a lot more room inside than what appears from the outside, which makes the Fit somewhat deceptive in its appearance -- you can carry a bicycle in back with the seats folded down, and its four-cylinder engine has a lot of pep for just 109 horses. The seats are comfortable, even if they're a bit high off the floor; the steering is agreeable and reasonably firm. The sound system especially rocks, with punchy bass and a crisp high end. Best of all, the Fit gets close to 38 mpg on the highway.

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Thursday, July 12, 2007

21:03:49

WSB: Bayliss does the double at Misano

The Australian secured race one in the latter stages, overtaking Yamaha's Noriyuki Haga with a handful of laps to go. Haga was then taken out on the next lap by Max Biaggi in a hopeless overtaking manoeuvre, which put both riders out of the race altogether. The crash happened at one of the fastest parts of the course. Both riders escaped unhurt. 1st Troy Bayliss (Xerox Ducati) 2nd Troy Corser(Yamaha Motor Italia) 3rd Yukio Kagayama (Alstare Suzuki Corona Extra) Championship leader, Britain's James Toseland, finished fourth. .

Friday, July 6, 2007

9:38:20

Inchcape To Acquire Baltic Motors, SIA BM Auto From MVC Capital ...

6/11/2007 5:55:37 AM Monday, automotive retailer Inchcape Plc (INCH.L) announced that it has signed a GBP 60.5 million cash deal to buy Baltic Motors Corp. and SIA BM Auto or Baltic Motors' from MVC Capital, Inc.

Baltic Motors, with main business in the Latvian capital, Riga, is presently operating as Inchcape's third party Land Rover retailer. With additional dealerships in regional cities of Liepaja and Ventspils, the company also retails BMW and Ford. Inchcape noted that subsequent to the acquisition the company would have a key position in Latvia markets with distribution and retail of Ford, Land Rover, Jaguar and Mazda and retail of BMW.

Commenting on the acquisition, Andre Lacroix, Group Chief Executive of Inchcape, said, We are very pleased with this further implementation of our strategy to expand in the emerging markets.

Thursday, July 5, 2007

14:46:32

Honda plans 2 new bikes, plant revamp

Honda Motor Co.'s fully owned Indian two-wheeler making unit will spend Rs100 crore on upgrading its factory and introduce two new products next year, in addition to a previously announced Rs300 crore expansion plan, as it seeks to improve market share. .