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The order represents the second phase of a major car contract signed in 2002 with two manufacturers, Kawasaki and Alstom.
Alstom said on June 30 that there were accounting problems related to a rail car contract at the factory of Alstom Transportation Inc. in Hornell, N.Y.
Transit officials approved a plan yesterday to buy as many as 1,700 new subway cars for more than $2.3 billion, the largest car contract in the city's history and one of the largest transit deals in the world.
A1 Plan to Buy 1,700 Subway Cars Transit officials approved a plan to buy as many as 1,700 new subway cars for more than $2.3 billion, the largest car contract in the city's history and one of the largest transit deals in the world.
[C3.] Germany Wins G.M. Car Contract General Motors has decided to build midsize Opels and Saabs in Germany rather than in Sweden because it will cost $262 million less at a time when G.M. is trying to wring $655 million in cost savings a year out of its money-losing European operations.
BMW wins LAPD electric car contract, beating Tesla.
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Arbitration clauses are also popping up in contracts for services that involve physical risk, such as rental car contracts, skate parks, and major theme parks such as Universal Studios and Six Flags.
MWAA might get a sense of the effects on traditional transportation services later this year, when negotiations begin on new taxi and rental car contracts.
The state-owned China Railway Rolling Stock Corp., or CRRC, has used bargain prices to win four of five large U.S. transit rail car contracts awarded since 2014.
Some rental car contracts give you the option of returning the car without a full tank of gas, but you will be charged extra.
The Long Island order represents the conversion of an existing option included in a 192-car contract that Bombardier won in May 1999.
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