Volkswagen, Ford Rush to Seal Russian Deals Before Tax-Incentive Deadline
Russiaâs government closes the door today to new tax incentives aimed at attracting investments by foreign automakers in a country where car sales may overtake Germanyâs within four years. In the past two weeks, Volkswagen AG and billionaire Oleg Deripaskaâs OAO GAZ agreed to produce VW brand and Skoda c ... Continue reading
Chinese Paper Awards Concept Prize to EN-V
The EN-V two-wheeled concept car, inspired by the movement patterns inside beehives and ant colonies, and a possible solution for traffic congestion in megacities, continues to receive accolades in China where it was a star attraction at the SAIC-GM Pavilion at the 2010 Shanghai World Expo. ... Continue reading
MERRIMACK, N.H.--GT Solar International, Inc. , a global provider of polysilicon production technology, and sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets, today announced that it has received an order valued at over $41 million dollars for its advanced sapp ... Continue reading
BMW Plans To Sell At Least 30,000 Units A Year Of Its i3
According to Harald Hamprecht writing for Automotive News, BMW AG aims to sell at least 30,000 units of its i3 electric vehicle a year beginning in 2014. "We are targeting volume production for the i3," said Ian Robertson, BMWâs global sales and marketing boss. Robertson said sales volume for the i3 could be "comp ... Continue reading
NHTSA Delays Final Rulemaking On Backup Cameras
According to Lauren Abdel-Razzaq writing for Auto News, the National Highway Safety Administration has postponed its final rulemaking on whether to require backup cameras on all vehicles by Sept. 2014. The final ruling was expected to be released Feb. 28. NHTSA proposed the rule in December and gave the public two mont ... Continue reading
Daimler, Renault Extend Electric Cars Deal
According to Reuters, Renault and Daimler have reached a new deal under which the Reanult will develop electric motors for the Smart and Twingo brands, while Daimler will supply batteries, a German paper reported. "By doing this we will immediately be able to boost sales," Daimler's head of research and development Tho ... Continue reading
Toyota NNS Phoenix Post-Race Notes & Quotes
KYLE BUSCH, No. 18 Interstate Batteries Toyota Camry, Joe Gibbs Racing Finishing Position: 1st Did you think Carl Edwards was going to take this win away from you? "There at the end I got a little worried. First person I have to thank is Carl Edwards for racing me clean. He raced me hard, but raced me clean. I gave him ... Continue reading
Luke Ellery Confirmed With JDC Motorsports For 2011 US F2000 Title Chase
Three times Victorian Formula Ford Champ, Luke Ellery has confirmed today he has signed with JDC Motorsports for an attack on the 2011 US F2000 National Championship. The young Australian made his American Debut with the team last season at Road Atlanta, and experienced huge success straight off the bat. Ellery placed ... Continue reading
Ryan Wilson; Randolph Bank Continue Relationship For 2011 Season
RANDLEMAN, February 26, 2011: Ryan Wilson Motorsports (RWM) and Randolph Bank jointly announced Thursday night at the annual Ryan Wilson Motorsports racing kick-off party in Randleman, North Carolina that Randolph Bank will continue itâs primary marketing partnership role with RWM in the NASCAR Whelen All-American ... Continue reading
F1 - Brawn And Mercedes Out To Compete With The Best
Hopes that the MGP W02 would lead Mercedes GP back to the front of the field faded as the pre-season tests got underway. A distinct lack of pace and poor reliability suggested 2011 wouldnât be the teamâs year. However, after wrapping up a successful four-day session at Barcelonaâs Circuit de Catalunya la ... Continue reading
Nelson Piquet Jr. Earns Top-15 Finish In Short Track Debut
AVONDALE, February 26, 2011: In his first trip to Phoenix International Raceway, Nelson Piquet Jr. navigated the No. 8 Chevrolet Silverado through a caution-filled race to earn a 13th-place finish at the challenging 1.0-mile tri-oval. Taking the green flag from the 23rd position, Piquet Jr. quickly picked up two positi ... Continue reading
Smith Qualifies 5th for Phoenix Cup Race
PHOENIX, Feb. 26, 2011: Regan Smith's qualifying lap Saturday resulted in the fifth-starting position for Sunday's Sprint Cup race at Phoenix International Raceway. It was the second-straight race of posting a fifth-place starting spot for Smith, who started last week's Daytona 500 from the same position. And going bac ... Continue reading
J.J. Yeley Guarantees Whitney Motorsports NASCAR Sprint Cup Series Start At Phoenix
AVONDALE, February 26, 2011: Two-time USAC Midget winner at Phoenix (Ariz.) International Raceway (PIR) J.J. Yeley successfully qualified for tomorrowâs Subway Fresh Fit 500 at the one-mile oval. After practicing the No. 46 AAMCO Transmissions / Ohsweken Speedway Chevrolet Impala 34th and 38th respectively in the ... Continue reading
There's Enough Corn to Go Around
Agriculture Secretary Tom Vilsack says that we can turn more corn into ethanol without running compromising food supplies. ... Continue reading
Ford Says Focus Model Changes Supplier Relations
The launch of the Ford Focus compact car on a shared platform, or underpinning, around the world allows the car to be made in Asia, Europe and North America using 80 percent common parts and 75 percent of the same supply base. "This whole thing is about economies of scale," said Tony Brown, head of global Ford global p ... Continue reading
Hyundai Begins Voluntary Fuel Economy Reporting
brand to provide journalists, policy-makers and consumers with additional data. Today, industry fuel economy reporting lags sales reporting as official CAFE data is calculated on a completed model year basis, with the most recent data published in November 2010, covering the 2009 model year. ... Continue reading
MAMA Names 2011 Hyundai Sonata Family Vehicle of The Year
The 2011 Hyundai Sonata continues to establish itself as the new standard for midsize sedans as it was named the inaugural recipient of the "Family Vehicle of the Year" award by the Midwest Automotive Media Association (MAMA). The Sonata beat out top competitors, including the 2010 Audi A3 TDI, 2011 Chevrolet Cruze, 20 ... Continue reading
Chrysler's CEO Could Get $2.9 Million in Stock
DETROIT (AP) -- Chrysler CEO Sergio Marchionne will get stock valued at almost $2.9 million if the company repays the money it still owes the U.S. government, according to disclosure forms the company filed on Friday. Marchionne, who also is CEO if Italy's Fiat SpA, will get 361,446 shares for his service as a director ... Continue reading
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