News By Topic: Automobile Manufacturers

Volvo XC90 Awarded `Best Engineered Vehicle for 2003' Says Automotive Engineering International Magazine

Mar 3, 2003

DETROIT, March 3, 2003; Featuring five "world firsts" in the design of its XC90, Volvo engineers sought to design an SUV-like vehicle with superior safety, handling, and emissions performance characteristics. The end result was Automotive Engineering International magazine's "Best Engineered Vehicle for 2003." The anno ... Continue reading

Edmunds.com Compact Car Incentives Rose While Large SUV Incentives Dropped

Mar 3, 2003

SANTA MONICA, Calif., March 3 -- Edmunds.com ( http://www.edmunds.com/ ), the premier online consumer resource for automotive information, reported today that the average manufacturer incentive per vehicle sold in the United States was $1,939 in January 2003, down 11.3% from $2,185 in December 2002. This data and the r ... Continue reading

DENSO Presents Current and Next Generation Diesel Engine Technology At SAE 2003

Mar 3, 2003

WHAT: "SAVE THE OZONE" -- DENSO's Current and Next Generation Diesel Engine Technology, an SAE 2003 presentation news conference. In 1995, DENSO launched the world's first diesel common rail injection system for trucks. In 1996, DENSO began supplying diesel common rail injection systems for passenger cars. And, in 2002 ... Continue reading

Siemens VDO Automotive SAE Technical Paper Details Improved Human Machine Interface Concepts

Mar 3, 2003

DETROIT, March 3 -- Siemens VDO Automotive is this week presenting the advantages of improved human-machine interface (HMI) concepts for reducing driver distraction. This topic is among eight Siemens VDO Automotive technical presentations being delivered during the Society of Automotive Engineers (SAE) World Congress b ... Continue reading

Northrop Grumman Completes Sale of TRW Automotive Business To The Blackstone Group

Mar 3, 2003

LOS ANGELES, March 3 -- Northrop Grumman Corporation announced today that it has completed the $4.7 billion sale of TRW Automotive to affiliates of The Blackstone Group. The consideration included approximately $3.9 billion in the form of cash and debt retained by TRW Automotive, a $600 million payment-in-kind note, an ... Continue reading

American Axle & Manufacturing Develops Family of PTUs For Crossover Vehicle Market

Mar 3, 2003

DETROIT, March 3 -- American Axle & Manufacturing (AAM), has developed a family of chain-driven and helical gear power transfer units (PTU) for the crossover vehicle, all-wheel-drive and four-wheel-drive market. Because engine compartment packaging is different for every vehicle model, AAM has designed a variety of PTU ... Continue reading

Technology Update: Differentials Provide Customers with Improved Traction and Handling and Reduced NVH

Mar 3, 2003

DETROIT, March 3 -- The American Axle & Manufacturing (AAM) TracRite(R) differentials for both front and rear axle applications have been designed to meet a variety of customer requirements for traction control and improved ride and handling. The AAM family of differentials range from its current industry-standard mech ... Continue reading

XSCi's PIONEERED Airbag Compatible Infant Seat Proves Compliant with Federal Motor Vehicle Safety Standards

Mar 3, 2003

INDIANAPOLIS--March 3, 2003--The PIONEERED(TM) Airbag Compatible Infant Seat was independently tested by the world-renowned CAPE test facility where the seat proved compliance with the new standards established by the National Highway Safety Administration (NHTSA) effective in September 2004. The New Federal Motor Vehi ... Continue reading

GM Defense Sold To GD

Mar 3, 2003

FOR RELEASE: March 3, 2003 NEW YORK – General Motors today announced that it has completed the sale of GM Defense -- its former Light Armored Vehicle (LAV) business -- to General Dynamics Corporation for approximately $1.1 billion in cash. Proceeds from the sale will help GM to attain its previously communicated ... Continue reading

BMW 2002 Sales In Asia Up 28%

Mar 3, 2003

SINGAPORE February 28, 2003; Tan Hwee Ann writing for Bloomberg reported that BMW said Asian sales rose 28 percent to a record last year, helped by gains in Japan and China. It expects to double regional sales in five years. Sales rose to 78,527 cars last year. The carmaker's 7-Series, which competes with Mercedes-Benz ... Continue reading

Ssangyong Motor February Sales 13,992 Units Up 30%

Mar 3, 2003

SEOUL March 3, 2003; Dow Jones reported that South Korea's Ssangyong Motor Co. Monday said its February auto sales jumped 30% on year to 13,992 units. It attributed the rise to continued robust local demand for its luxury sedan and the introduction of a new pickup truck model, Musso Sports. Local sales climbed 34% to 1 ... Continue reading

Daewoo February Sales Down 2.9%

Mar 3, 2003

SEOUL, March 3,2003; Reuters reported that GM Daewoo Auto & Technology Co, South Korea's third-largest automaker, said on Monday sales fell three percent to 34,311 units in February from a year earlier. Unlisted GM Daewoo said exports slipped to 22,642 units last month from 23,719 a year before. The auto maker gave no ... Continue reading

Toyota Executive:French Work Harder Than Britons, Americans

Mar 3, 2003

SINGAPORE March 2, 2003; Dow Jones reported that Toyota Motor Corp.'s French workers toil harder than their U.K. and U.S. counterparts because of the high levels of unemployment they face, according to a senior executive at the Japanese carmaker, the Financial Times reported on its Web site Monday. Toyota's French fact ... Continue reading

Daimler Must Allow Schrempp Tape In Merger Suit

Mar 2, 2003

LONDON, England February 28, 2003; Margret Cronin Fisk writing for Bloomberg reported that a London court ordered the release of a taped interview with DaimlerChrysler AG Chief Executive Officer Juergen Schrempp that may help shareholders win their fraud suit over the 1998 purchase of Chrysler by the German automaker. ... Continue reading

World Debut of the BMW 760Li High Security and the BMW 330i Security at the 2003 Geneva Motor Show

Mar 1, 2003

03/04/2003 Munich. The new-generation BMW 7 Series is making yet another world debut at this year's Geneva Motor Show - this time in the guise of the BMW 760Li High Security. Based on the top-of-the-range 760Li 12-cylinder, this fourth generation of BMW security vehicles complying with bullet-proof standard B6/B7 meets ... Continue reading