Auto thefts decline for third straight year
The News Review:
- Auto thefts decline for third straight year
- Schaeffler Secures $16.9 billion in Financing
- Auto-Rickshaws ff Delhi Roads
Auto thefts decline for third straight year
San Jose Mercury News
7 percent fewer thefts from 16243 the previous year to 14014 in 2008. Law enforcement agencies say a variety of reasons explain the drop. “We had a long stretch where auto theft had been on the climb” Antioch police Lt. “Now the repeat offenders are getting a significant amount of time (in prison) and the DA’s office is aggressively prosecuting them when they have prior (convictions). “rman said the state’s Three Strikes Law which raises the sentences of those with previous felony convictions is having a big effect. “It’s a little less attractive for people to steal cars” he said.
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Schaeffler Secures $16.9 billion in Financing
Wall Street Journal
–>Schaeffler Secures $16. 9 billion in Financing ArticleCommentsmore in. 9 billion) in medium-term financing with five banks. Under the plan the company’s existing credit facilities will be split into two tranches — one loan that.
Auto-Rickshaws ff Delhi Roads
Wall Street Journal
About 55000 auto-rickshaw drivers in the city went on strike protesting the recent crackdown by the authorities on vehicles operating without necessary permits and pollution control certificates. The drivers are complaining that they are being heavily penalized for normal traffic offences which are hurting their daily expenses. “We have taken this extreme step to protect our livelihood” says Sobran Singh Rajput president of Bharatiya Tipahiya Chalak Sangh a trade union body of auto rickshaw drivers in New Delhi. Majority of the auto rickshaw drivers in the city hail from the poorer states like Bihar and Uttar Pradesh and are mostly illiterate and earn about 200 rupees to 300 rupees (roughly $4 to $6) a day.
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