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    Report: 3 former Saab execs charged with tax evasion
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    The Associated Press reports three former Saab executives have been arrested on charges of accounting fraud. Swedish prosecutor Olof Sahlgren has refused to identify the individuals, but says they're suspected of attempting to evade taxes by falsifying Saab accounts between 2010 and 2011 during ...

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    Opinion: CO2 credits: The ultimate rebate?
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    Time For Buyers To Have Some Skin In The EV Game Politicians know that $8- or $9-a-gallon gas like in Europe would end their careers. The back-and-forth between those writing the fuel economy rules and auto manufacturers is designed to see how far the CO2 regulations can be pushed without ...

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    Report: Of course, Dubai Police add Bugatti Veyron to fleet
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    Well, now it's official: Nobody in Dubai is going to be able to outrun the police. You see, in addition to the Aston Martin One-77, Ferrari FF and Lamborghini Aventador that were already part of its stable of police cars, the constabulary in Dubai have most recently procured a Bugatti Veyron to ...

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    Report: Lexus LFA owner gets town to remove speed bump
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    What do you do if you have enough money to buy a Lexus LFA but can't get the car safely to your house? Get local government involved, of course. Rune Berge Vik, of Stavanger, Norway, did just that after he bought a Lexus LFA (the only LFA in the Nordic region according to tv2.no) last year only ...

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    Report: F1 boss Ecclestone staring down bribery charges
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    Controversial Formula One boss Bernie Ecclestone is facing bribery charges from German prosecutors. The long-rumored indictments stem from the 2006 sale of the racing series from Germany's Bayern LB bank to CVC Capital partners. The charge could result in Ecclestone facing jail time and losing ...

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    Report: Ford sued over alleged 3.5-liter EcoBoost defects
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    Three Ford owners from Ohio have filed a lawsuit against the automaker over defects that they allege exist within the company's twin-turbocharged 3.5-liter V6 EcoBoost engine. Automotive News reports that the lawsuit claims the engine "contained serious latent design, manufacturing, or assembly ...

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    Report: Toyota sudden acceleration class action may cover 22 million owners
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    A total of 22.6 million current and former Toyota owners have been sent notices that they may be eligible to receive compensation from the automaker for damages related to the unintended acceleration fiasco that has dominated headlines in 2009 and 2010. The total payout may be as high as $1.63 ...

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    Official: NTSB proposes lowering blood alcohol limit on drunk driving laws
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    In an effort to reduce the number of alcohol-impaired driving crashes, the National Transportation Safety Board (NTSB) has released a set of recommendations, 19 in total, calling for more stringent laws and enforcement. "Most Americans think that we've solved the problem of impaired driving, but ...

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    Video: Florida DOT quietly changed yellow-light standards, municipalities issuing more tickets
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    Red light cameras don't appear to be going away, so it should come as no surprise that neither are the controversies around them. We're told again and again that they're about safety, not revenue collection, yet year after year, the studies and headlines compete to support and tear down those ...

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    Report: Porsche again staring down another $1.8B in hedge fund lawsuits
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    The sequence of events from 2007 that began with Porsche's secret attempt to take over Volkswagen, and instead lead to Porsche being taken over by VW, continues to instigate lawsuits against the Stuttgart sports car manufacturer. A group of hedge funds that suffered over $1 billion in losses sued ...

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