General Motors to Sell Diesel Version of Chevy Cruze

- General Motors to Sell Diesel Version of Chevy Cruze



Jul 11, 2011

The Associated Press announced that General Motors (NYSE:GM) plans to sell a diesel version of the Chevy Cruze in the United States.

After selling about 25,000 Cruzes in June, the car model past recurrent leaders such as the Toyota Camry and Honda Accord to become the best-selling car in the U.S.

The diesel Cruze won't hit showrooms until at least 2013, according to one of the people, both of who asked not to be identified because the company hasn't made a formal announcement.

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Clean Diesel Technologies Announced Pricing Of Underwritten Public Offering Of Shares

- Clean Diesel Technologies Announced Pricing Of Underwritten Public Offering Of Shares



Jun 29, 2011

Clean Diesel Technologies (NASDAQ:CDTI) announced the pricing of an underwritten public offering of 2,725,000 shares of its common stock at a price to the public of $3.75 per share. Clean Diesel is offering 2,645,000 of these shares and 80,000 of these shares are being offered by selling stockholders.

The company has granted a 30-day option to the underwriters to purchase up to an additional 408,750 shares of common stock to cover over-allotments.

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India's State Oil Companies Lose $90 Million a Day

MARCH 22, 2011, 8:20 A.M. ET

By RAKESH SHARMA

NEW DELHI – India's state-run oil marketing companies are suffering a revenue loss of 4.08 billion rupees ($90.7 million) each day due to discounted fuel sales, Hindustan Petroleum Corp.Finance Director Bhaswar Mukherjee said Tuesday.

India's state-run fuel retailers, Hindustan Petroleum, Bharat Petroleum Corp. and Indian Oil Corp. sell some fuels at government-mandated below-market rates to help control inflation. Due to high global crude oil prices, revenue losses are mounting.

Hindustan Petroleum is currently losing 14.03 rupees for each liter of diesel sold and 23.55 rupees on each liter of kerosene, Mr. Mukherjee told reporters.

The state-run company is also losing 289.36 rupees for each liter of cooking gas, or liquefied petroleum gas, Mr. Mukherjee added.

Write to Rakesh Sharma at rakesh.sharma@dowjones.com
Link
http://online.wsj.com/