BREAKING NEWS: Reason for GM Failure Discovered! - VIDEO ENHANCED
Recent New York Auto Show Video Pinpoints the Problem Behind GM's Malaise By Marc J. Rauch Exec. Vice President/Co-Publisher There's a lot of theories and opinions as to why General Motors, the world's biggest automaker fell into hard times. And I have to admit, that some of the diverse opinions have originated right h ... Continue reading
Honda Scrambles to Mitigate Fuelmaker Outrage - EXCLUSIVE
This continuing coverage of America's oil crisis arises from the The Plan: How to Save America When the Oil Stopsâor the Day Before (Dialog Press). Buy it here. By Edwin Black TheCuttingEdgeNews.com American Honda Company is scrambling to negotiate a sale of the Toronto-based Fuelmaker company amid widespread outr ... Continue reading
BMW North America Announces Management Changes
04/09/2009 Gene Donnelly appointed Vice President Southern Region. Wayne E. Orchowski named Vice President Eastern Region. Rich Brekus appointed General Manager New Car Sales. Woodcliff Lake, NJ - April 9, 2009... BMW of North America, LLC, the U.S. division of the German manufacturer of premium vehicles and motorcycle ... Continue reading
Used Car Market Conditions - April 2009
April 2, 2009 Current Used Car Market Conditions Dealers Competing for Used Vehicles The wholesale used vehicle market continues to be supported by a short supply of vehicles. With rare exceptions, most vehicle segments are either holding steady or appreciating as dealers compete for a limited number of vehicles. This ... Continue reading
New Swedish Warning System Can Save Schoolchildrens' Lives
A new warning system developed in Sweden has the potential to save lives of British schoolchildren, say its makers. The system links an automatic radio ‘tag’, attached to a child’s school bag to trigger solar-powered warning lights on bus stops or at crossings, to warn drivers that schoolchildren are ... Continue reading
Laurens Van Den Acker Appointed Vice President of Renault Corporate Design In September 2009
After 22 years with Renault, Patrick le Quément, Senior Vice President of Renault Corporate Design, member of the Renault Management Committee, will leave the company on October 30. ... Continue reading
The Netherlands Sets the Early Pace in Portugal
Algarve, April 10, 2009: Vodafone A1GP Algarve, Portugal got underway this morning with New Zealandâs Earl Bamber setting the early pace in the rookie session and the Netherlandsâ topping the timesheets in afternoon practice Round Six of the 2008/09 A1GP World Cup of Motorsport began today in Portugal as the ... Continue reading
Points Leader Coughlin Eyes Charlotte Test Session
DELAWARE, Ohio April 9, 2009: Four-time Pro Stock champion surged into the Full Throttle points lead Sunday in Las Vegas with his second win of the year but rather than being content with his new ranking the team scheduled a test session. Coughlin and crew will bring their five-race-old JEGS.com Chevrolet Cobalt to zMa ... Continue reading
Penske Racing Celebrates Ryan Briscoe's Win in St. Petersburg With Special Offer for Fans
Indianapolis, April 10, 2009: At Penske Racing, when we win, you win! To celebrate Ryan Briscoeâs impressive win Sunday at St. Petersburg in the 2009 IndyCar Series season opener, Penske Racing is offering $5 off the new Briscoe t-shirt at our online store. PenskeBriscoeâs victory on the streets of St. Pete i ... Continue reading
Top 10 PV Makers Sell 909,700 Cars In Q1
Top 10 PV makers sell 909,700 cars in Q1 http://autonews.gasgoo.com/auto-news/1009953/Top-10-PV-makers-sell-909- 700-c ars-in-Q1.html Shanghai, April 10 (Gasgoo.com) Sales of China's domestically made passenger vehicles reached 1.42 million units in the first quarter of 2009, state media reported on Friday. Shanghai Vo ... Continue reading
Skoda Auto Gets Over a Threshold of Seven Million Vehicles Produced in its Modern History
The model that triggered off an extensive transformation and was good enough to convince the new investor was the Skoda Favorit that Skoda produced from 1988 till 1994 when the Skoda Felicia was launched. The product portfolio has been regularly extended ever since. ... Continue reading
SAIC Aims To Sell 50,000 Roewe, MG Cars In '09
SAIC aims to sell 50,000 Roewe, MG cars in '09 http://autonews.gasgoo.com/auto-news/1009960/SAIC-aims-to-sell-50-000-R oewe- MG-cars-in-09.html Shanghai, April 10 (Gasgoo.com) Shanghai Automotive Industry Corporation (SAIC) aims to sell 50,000 Roewe and MG cars, the automaker's own-brand vehicles in 2009, said Chen Hon ... Continue reading
2010 BMW 7 Series Gets a Juiced-up With V-12 Engine
By Henny Hemmes Senior European Editor The new BMW 7 Series, that was unveiled at the Detroit auto show, gets a V-12 engine. The Bavarians are moving up the standard of exclusivity with two new top models, the BMW 760i and the 760Li. Both the standard and long model (of which the wheel base is extended by 5.5 inch) get ... Continue reading
GM China Denies Selling Buick Brand To SAIC
GM China denies selling Buick brand to SAIC http://autonews.gasgoo.com/auto-news/1009959/GM-China-denies-selling-Bu ick-b rand-to-SAIC.html Shanghai, April 10 (Gasgoo.com) An executive of GM China has denied a media report that General Motors would sell to its Chinese partner SAIC Motor the Buick brand or the exclusive ... Continue reading
Renault Organizes A Pioneering Sales Force Training Scheme
Renault "Campus", a series of sales training courses held on the campuses of seven top French business and engineering schools, runs from April 6 through 22. With this initiative Renault is leveraging its close ties with academia to develop an innovative training scheme. ... Continue reading
The World No. 1 will be at the Porsche Tennis Grand Prix
As Dinara Safina is in the line-up, it means the new world No. 1 will be at the Porsche Tennis Grand Prix. The 22-year-old Russian, who will go into the long-established tournament in Stuttgart's Porsche Arena from 25 April to 3 May as the top seed, will replace Serena Williams (USA) at the top of the WTA world ranking ... Continue reading
The Renault-Nissan Alliance (the Alliance) today announced a partnership with the Ministry of Industry and Information Technology of China (MIIT) for Zero-Emission Mobility, a first step in bringing Zero Emission Vehicles (ZEVs) to China. Nissan will provide MIIT with electric vehicle (EV) information and propose a com ... Continue reading
Fiscal Year Sales Hold Steady at Mazda Motor Europe
Mazda Motor Europe's fiscal year (FY) results held steady despite tough market conditions during the last four months. Mazda sold 324,600 units during the period April 2008 through March 2009 in Europe, which is the second-highest FY volume in company history, and only 1.3 percent lower than last year's record result. ... Continue reading
Private Buyers Keep Hyundai Sales High
Hyundai once again has figures to be proud of. Sales data for the first quarter of 2009 has just been released, and shows that both the month end and 2009 total figures were positive for the Korean giant, particularly in comparison with the rest of the market. Hyundai was down a mere 1.85% on last year - a highly succe ... Continue reading
Daimler Shareholders Approve Dividend of EUR 0.60 per Share
Daimler AG's shareholders approved the distribution of a dividend for the financial year 2008 of EUR 0.60 per share (prior year: EUR 2.00 per share) at the Annual Meeting held in Berlin on Wednesday. The total dividend distribution amounts to EUR 556 million. The item of the agenda "Resolution on the Allocation of Unap ... Continue reading
Distinguished Guests. Special Exhibitions at the Concorso d'Eleganza Villa d'Este.
In addition to the concours vehicles, the Concorso d'Eleganza Villa d'Este also stages special exhibitions every year that revolve around a specific automotive designer or brand. The 2009 event sees BMW, Bugatti, Morgan and the Prototype Museum in Hamburg bringing to Lake Como a range of vehicles that is unique in the ... Continue reading
Toyota Remains Greenest Vehicle Manufacturer
Toyota has retained its position as greenest vehicle manufacturer according to a study conducted by Business Car magazine. For the second year running, the top 20 fleet manufacturers were rated and ranked based on survey results and other research by Clean Green Cars (www.cleangreencars.co.uk) on the various attributes ... Continue reading
Effective April 1, 2009, and following approval by the German federal antitrust authorities, Bosch has acquired AutoCrew GmbH and its "AutoCrew" and "AutoCrew Truck+Trailer" brands from ZF Trading GmbH. ... Continue reading
Summer Passenger Car Tires from Continental Win High Ratings
Farewell to winter tires, they have done their job on the car. Temperatures are going up, so now it is time for the summer tires to take over. But be careful! Not every summer tire is a safe tire. A test conducted by Britain's Autocar weekly magazine highlights the 'staggering' difference in quality between a quality t ... Continue reading
2009 New York International Auto Show - Thursday Notes
Mitsubishi says electric car going global, Kia unveils Koup, VW Golf honored at NY Auto Show NEW YORK April 9, 2009; The AP reported that Mitsubishi Motors Corp. said Thursday that it plans to make its i MiEV all-electric vehicle available for sale in the United States and other markets around the world. "We are dedica ... Continue reading
High Battery Costs for Electric Vehicles Obstructing Semiconductors' Growth
by Robert Castellano April 09, 2009 Despite a sluggish forecast for the overall high-tech industry in the near term, alternative energies technologies are expected to grow at a 40% annual rate through 2012, and semiconductors used in these applications will see a comparable growth, according to a report Semiconductors ... Continue reading
2009 New York International Auto Show - Thoughts and Observations
NEW YORK AUTO SHOW By John Heilig ????????? There may be a recession, car sales may dip below the 10 million mark in 2009, and money is tight, but you wouldn't know it by the way people spoke at the New York Auto show, which runs at the Jacob Javits Convention Center in New York from April 11-19. ????????? Speaker afte ... Continue reading
Former Toyota Exec Returning to Stop U.S. Profit Plunge
NEW YORK April 9, 2009; The AP reported that Toyota USA will bring back a former top executive from retirement, as the world's top automaker battles the sales downturn in its biggest market. Yoshi Inaba will return to a position at Toyota's U.S. operations, but his new role has not yet been identified, said Mike Michel ... Continue reading
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