Propane; the Gas of the Gods - Exclusive Press Pass Coverage of the 2008 Propane Engine Fuel Summit
Dec 30, 2008
Extensive Video of One of the Year's Most Important Automotive Expositions Produced and edited by Marc J. Rauch, Exec. VP & Co-Publisher The Auto Channel was honored to be the official Media Sponsor of the First Annual Propane Engine Fuel Summit. We are also pleased and proud to present to the world complete PRESS PASS ... Continue reading
Santa Trades in Reindeer for Zero-Emission GEM Car
Dec 23, 2008
Global Electric Motorcars Rescues the Holidays for Boys & Girls Club of the West Valley LOS ANGELES, Dec. 22 -- In an effort to spread some much-needed eco-cheer this holiday season, electric auto manufacturer Global Electric Motorcars (GEM) and The West Valley Boys & Girls Club are coming together to implement Operati ... Continue reading
Grim Honda President Slashes Profit Forecast Yet Refuses to Expand CNG or Hydrogen
Dec 22, 2008
By Edwin Black A grim and frowning Honda President Takeo Fukui has told investors and the media that lower earnings are in store for the long-envied Japanese automaker due to declining demand from American consumers as well as dollar-yen fluctuations. Despite consumer flight from such Honda gas guzzlers as the Pilot SU ... Continue reading
Canucks Kick in $3.3 Billion to Help Detroit Subsidiaries
Dec 20, 2008
TORONTO - December 20, 2008: Canadian Prime Minister Stephen Harper announced that the Canadian federal and Ottowa government will provide $4 billion (Canadian dollars) in emergency loans to their subsidiaries of General Motors and Chrysler. As in the U.S., Ford didn't request any specific financial assistance just a l ... Continue reading
Dec 19, 2008
SAN FRANCISCO - December 19, 2009: Nationally known radio talk show host personality Michael Savage has been making quite a loud argument this afternoon that the reason for President Bush's decision to; a) forego "free-market" principles (even though he is a "free-market" president) and to act socialistically, and b) p ... Continue reading
Battery Giant Gold Peak Takes Equity Stake in Plug In Conversions Corp.
Dec 19, 2008
First Plug-In Prius With Gold Peak Batteries On Display at SD International Auto Show POWAY, CAÂ - December 19, 2008: Gold Peak Industries North America, a subsidiary of GP Batteries International, has acquired an equity stake in Plug In Conversions Corp. (PICC), which positions the latter to sell its plug-in Toyota ... Continue reading
Rail Europe Announces Italian Hi-Speed Rail Expansion Offering Milan to Rome Service
Dec 19, 2008
New Trenitalia Line Connects Major European Cities with Italy's Financial and Political Capitals WHITE PLAINS, N.Y., Dec. 19 -- Rail Europe, the largest distributor of European rail products in North America announces the launch of Trenitalia's new Milan to Rome hi-speed rail link. The new line shaves an hour off this ... Continue reading
Ford Motor Company Welcomes Action to Provide Emergency Funding to GM and Chrysler
Dec 19, 2008
DEARBORN, Mich., Dec. 19 -- Ford Motor Company said today that it welcomes action by the Administration to provide emergency funding for General Motors Corp. and Chrysler LLC. "As we told Congress, Ford is in a different position. We do not face a near-term liquidity issue, and we are not seeking short-term financial a ... Continue reading
An Open Letter From Bob Nardelli
Dec 19, 2008
AUBURN HILLS, Mich., Dec. 19 -- To Chrysler employees and other stakeholders: We have received news that U.S. Treasury Secretary Henry Paulson will provide $4 billion of initial funding to Chrysler LLC from the TARP (Troubled Assets Relief Program) as a loan to help bridge the current financial crisis. We appreciate th ... Continue reading
GM Gets $9.4 Billion and Chrysler $4 Billion in Bridge Loans from U.S.
Dec 19, 2008
WASHINGTON - December 19, 2008: After a final late-night negotiation session, the White House has announced a plan that will provide $13.4 billion to two of the three Detroit Automakers with the possibility of an additional $4 billion in February. Some early details are confusing, with words making it sound like $13.4 ... Continue reading
Bush Now Appears to Favor an "Orderly" Bankruptcy for Detroit Three
Dec 18, 2008
AUTO CENTRAL - December 18, 2008: In a live televised interview this morning President Bush talked about an "orderly" bankruptcy as the solution for the three American automakers, as opposed to making any specific announcement or decision to try and take some of the funds from the $700 billion bailout package (or what ... Continue reading
Owens Corning Becomes the Pickens Plan's First Corporate Sponsor - VIDEO STORY
Dec 17, 2008
DALLAS - December 17, 2008: This past Monday T. Boone Pickens traveled to Toledo, Ohio to receive the pledge and promise of Owens Corning to join the Pickens Plan army. ... Continue reading
2009 Detroit Auto Show: Subaru LEGACY CONCEPT to Debut at NAIAS
Dec 17, 2008
- Concept a showcase for future Legacy design - CHERRY HILL, N.J., Dec. 17 -- Subaru of America, Inc., today announced that the Subaru LEGACY CONCEPT will debut at the 2009 North American International Auto Show (NAIAS) in Detroit January 11th. The NAIAS is open to the public January 17 through 25, 2009. Celebrating 20 ... Continue reading
Volvo Releases First Video of New S60 Concept Car - VIDEO ENHANCED
Dec 16, 2008
A few days before Christmas, Volvo Cars treats the automotive world to an early unwrapping of a car that will shine bright in the streets for years to come. GOTHENGURG - December 16, 2008: The Volvo S60 Concept gives the car world a glimpse of what the all-new Volvo S60 is going to look like when it arrives in 2010. "T ... Continue reading
Volvo Engages Orrefors Glassworks for New Concept Car - VIDEO STORY
Dec 16, 2008
Volvo Cars has engaged world-famous Swedish glassworks Orrefors in the work with the company's next concept car, which will be a first taste of the next-generation Volvo S60. The joint creation, a floating centre stack of hand-made Orrefors crystal, will be shown for the first time at the Detroit international motor sh ... Continue reading
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