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News By Topic: Marc Rauch

Bloomberg Philanthropies Funds New WHO Study on Road Safety - VIDEO ENHANCED

Bloomberg Philanthropies Funds New WHO Study on Road Safety - VIDEO ENHANCED

NEW YORK - June 16, 2009: The Global Status Report on Road Safety, released today by Dr Margaret Chan, Director-General of the World Health Organization, and Michael Bloomberg, Mayor of the City of New York, provides the first worldwide analysis of how well countries are implementing a number of effective road safety m ... Continue reading

Electric Vehicle Company Myers Motors Receives JumpStart Ventures Investment

Electric Vehicle Company Myers Motors Receives JumpStart Ventures Investment

CLEVELAND, June 16 -- JumpStart Inc., the Northeast Ohio venture development organization that accelerates the progress of high growth early-stage businesses, announces a JumpStart Ventures investment commitment of $250,000 in Myers Motors LLC, a Tallmadge, OH company manufacturing electric vehicles. The company's vehi ... Continue reading

New 2010 Ford Taurus: America's Smartest Full-Size Sedan Delivers Style, Substance - VIDEO ENHANCED

New 2010 Ford Taurus: America's Smartest Full-Size Sedan Delivers Style, Substance - VIDEO ENHANCED

-- Ford Taurus, the brand's flagship product, defines what to expect from Ford's future car portfolio: cutting-edge technology, benchmark driving dynamics, premier quality, advanced safety features and unsurpassed value -- Taurus offers more technology features - 10 of them class-exclusive - than more costly premium se ... Continue reading

Volvo Makes First Delivery of World's Strongest Truck - VIDEO STORY

Volvo Makes First Delivery of World's Strongest Truck - VIDEO STORY

Gothenburg - June 12, 2009: The first customer of the Volvo FH16 700 truck, Tore Aase from Norway, has taken delivery of the first world's most powerful truck in Tuve, outside Göteborg in Sweden, where the truck is built. The truck will be used in long-haul operations in the west of Norway, hauling equipment for the o ... Continue reading

The Fox is Now Guarding the GM Henhouse

The Fox is Now Guarding the GM Henhouse

By Marc J. Rauch Exec. Vice President/Co-Publisher THE AUTO CHANNEL General Motors is in need of a complete overhaul…obviously. They need to get rid of the dead-weight in both product and personnel, which they appear to be trying to do if you don’t count Buick and Pontiac. They have to regain the trust of inv ... Continue reading

Chery to Fund New-Energy Vehicles, Opens 4th Plant

Chery to Fund New-Energy Vehicles, Opens 4th Plant

Chery Automobile Co, one of China's largest independent carmakers, said it would use the 2.9 billion yuan ($425 million) capital it raised from domestic investors to fund development of heavy trucks, new energy vehicles along with a fourth production plant project, China Knowledge online reported. Chery spokesman Jin Y ... Continue reading

Ford Statement on Transformation Plan

Ford Statement on Transformation Plan

Ford President and CEO Alan Mulally today commented that, as part of Ford's transformation plan, the company remains committed to improving the balance sheet and reducing debt. The company, however, has no current plans to issue additional equity. ... Continue reading

Honda Commemorates 50 Years of Innovation in America - VIDEO ENHANCED

Honda Commemorates 50 Years of Innovation in America - VIDEO ENHANCED

TORRANCE, Calif.--Honda today marked its first 50 years in America, commemorating the establishment of American Honda Motor Co., Inc., in a small Los Angeles storefront on June 11, 1959. Honda associates observed the occasion with a brief ceremony at the company’s Torrance, Calif. headquarters. “On behalf of ... Continue reading

New Chrysler to incorporate China business

New Chrysler to incorporate China business

New Chrysler to incorporate China business. A spokeswoman for Chrysler's China unit said its China business is operating normally and will be incorporated into the new Chrysler Group LLC, based on the agreement with Fiat, Shanghai Daily reported today. Chrysler LLC said it was not consider changing its development plan ... Continue reading

First Propane Injected Ford F-250 Hits the Road - VIDEO ENHANCED

First Propane Injected Ford F-250 Hits the Road - VIDEO ENHANCED

First Propane Injected Ford F-250 Hits the Road This Thursday, Ferrellgas and Roush will roll out the first propane injected Ford F-250 truck. Motorsports legend Jack Roush, founder and chairman of the board of directors for ROUSH Enterprises, will present the keys to the new ROUSH Liquid Propane Injected F-250 to Ferr ... Continue reading

Survey Shows Public Wary of Government Running Auto Companies

Survey Shows Public Wary of Government Running Auto Companies

More Than Half of Consumers Think Auto Companies' Bailouts were Bad Idea TUSTIN, CA - June 11, 2009: A just-completed national survey shows American consumers are skeptical of the U.S. government’s involvement in the auto industry, with 81 percent of respondents agreeing that the faster the government gets out of ... Continue reading

Mazda Launches All-New Axela in Japan

Mazda Launches All-New Axela in Japan

'Eco-sports' car offers superb performance matched with advanced safety and environmental features, including i-stop HIROSHIMA, Japan—Mazda Motor Corporation has announced the sales launch of the all-new Mazda Axela (known overseas as the new Mazda3) in the Japanese market. Mazda’s mainstay model has been ful ... Continue reading

Bankruptcy Court Approves Chrysler's Rejection of Certain Dealer Contracts

Bankruptcy Court Approves Chrysler's Rejection of Certain Dealer Contracts

AUBURN HILLS - MI June 9, 2009: The following statement can be attributed to Jim Press, Vice Chairman & President, Chrysler LLC or the company: “We are pleased with the Judge’s decision allowing us to go forward with the realignment of our dealer network. A financially strong, competitive dealership network c ... Continue reading

Supreme Court OKs Chrysler Sale to Fiat

Supreme Court OKs Chrysler Sale to Fiat

WASHINGTON - June 9, 2009: Late this afternoon the U.S. Supreme Court gave the fianl go-ahead for Chrysler's sale to Fiat, turning down the last-ditch efforts by opponents to queer the deal. The court rejected a plea to block the sale of most of Chrysler's assets to the Italian automaker. Chrysler, Fiat and the Obama a ... Continue reading

Citroën’s Clean 'Green' Winning Streak - Grand C4 Picasso's Unbeaten Run as 'Best Green MPV' At 2009 What Car? Green Awards

Citroën’s Clean 'Green' Winning Streak - Grand C4 Picasso's Unbeaten Run as 'Best Green MPV' At 2009 What Car? Green Awards

LONDON - June 9, 2009: Citroën’s firm family favourite, the Grand C4 Picasso, has been named ‘Best Green MPV’ for the second year running at What Car?’s Green Awards - the only MPV to have been awarded the title since the awards were introduced. The Grand C4 Picasso impressed the What Car? judges with ... Continue reading

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