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Iran shipping line masks 'arms vessels'
AUBURN HILLS, Mich., May 11 (UPI) -- Chrysler vehicle owners have apparently seen the value of their cars and trucks slide due to the U.S. automaker's bankruptcy filing, a research group said.
The resale value of Chrysler, Jeep and Dodge products three years off the production line fell 6 percent within seven days of the firm's bankruptcy filing, Automotive Leasing Guide said.
Prior to the filing, a three-year old Jeep brought in an average of 38.4 percent of the sales price, the Detroit Free Press reported Monday. After the filing, the resale value dropped to 32.4 percent.
A Dodge product three years out of the showroom sold for 37.3 percent before the filing. After the filing, Dodge products were selling for 31.2 percent of the original price. Chrysler vehicles have flipped from 34.8 percent to 28.8 percent of their original value.
In comparison, 3-year-old Toyotas sell for 45.5 percent of their original price while Hyundai's retain 40.9 of their value after three years.
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JUBA, South Sudan, Feb. 9 (UPI) --
A Texas company could start building an oil pipeline from South Sudan through Ethiopia to Djibouti within the next six months, a South Sudanese official said.
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WASHINGTON, Feb. 9 (UPI) --
The Middle East arms market holds promise for Europe's defense industry despite its political turmoil, according to a market intelligence and analysis company.
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With rental vacancy rates at their lowest levels in 10 years, a review of TransUnion's proprietary rental screening database found that rental prices remained about the same between the fourth quarters of 2010 and 2011....
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Government officials are on the verge of an agreement worth as much as $26 billion with five major banks, capping a yearlong push to settle federal and state probes of alleged foreclosure abuses by lenders.
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