http://www.autoevolution.com/news/industry/ Industry - autoevolution autoevolution RSS Generator en-us autoevolution.com Mon, 15 Mar 2010 17:12:45 +0000 Mon, 15 Mar 2010 17:12:45 +0000 automotive http://blogs.law.harvard.edu/tech/rss 10 http://www.autoevolution.com/favicon.ico http://www.autoevolution.com/img/ae_logo.jpg?v=3 http://www.autoevolution.com/news/industry/ http://www.autoevolution.com/news/china-s-auto-city-plans-to-more-than-double-production-capacity-18069.html
1.22 million vehicles were assembled in Changchun last year. Over 800,000 of those vehicles were produced by the Chinese Faw Group. The company is China's second largest automotive producer and is based in the city.

The country's government has expressed its intention to suppor...]]> Changchun, the Chinese auto city, announced that it intends to more than double its vehicle production capacity by 2015, planning to reach a production output of 3 million units/year by then, as Xinhua News reports.

1.22 million vehicles were assembled in Changchun last year. Over 800,000 of those vehicles were produced by the Chinese Faw Group. The company is China's second largest automotive producer and is based in the city.

The country's government has expressed its intention to suppor... (read more)]]> Mon, 15 Mar 2010 16:56:06 GMT Industry - autoevolution http://www.autoevolution.com/news/china-s-auto-city-plans-to-more-than-double-production-capacity-18069.html Industry http://www.autoevolution.com/news/china-s-auto-city-plans-to-more-than-double-production-capacity-18069.html#comments autoevolution http://www.autoevolution.com/news/online-courses-from-ford-and-sae-international-18068.html
"Ford is excited about partnering with SAE International to provide the automotive industry with engineering training...]]> American carmaker Ford announced today it has partnered with SAE International for a series of online training courses to automotive engineers worldwide. As part of the partnership, there will be six popular online courses on powertrain and problem-solving topics offered. This is a way to extend Ford's engineering knowledge across the global industry, the carmaker says.  

"Ford is excited about partnering with SAE International to provide the automotive industry with engineering training... (read more)]]> Mon, 15 Mar 2010 15:57:12 GMT Industry - autoevolution http://www.autoevolution.com/news/online-courses-from-ford-and-sae-international-18068.html Industry http://www.autoevolution.com/news/online-courses-from-ford-and-sae-international-18068.html#comments autoevolution http://www.autoevolution.com/news/mercedes-sprinter-vans-to-use-kumho-tires-18067.html
The new project includes vehicles sold on the European, North American and Asian markets, and is scheduled to start this month.

The Sprinter line-up will be equipped with the Kumho Radial 857 commercial van tire. This will be used for models up to 3.5 tonn...]]> The Kumho tire producer and Mercedes-Benz have extended their collaboration, as the two companies have signed a partnership that will see Kumho tires become an original equipment (OE) feature for the Mercedes-Benz Sprinter range of vans.

The new project includes vehicles sold on the European, North American and Asian markets, and is scheduled to start this month.

The Sprinter line-up will be equipped with the Kumho Radial 857 commercial van tire. This will be used for models up to 3.5 tonn... (read more)]]> Mon, 15 Mar 2010 15:47:07 GMT Industry - autoevolution http://www.autoevolution.com/news/mercedes-sprinter-vans-to-use-kumho-tires-18067.html Industry http://www.autoevolution.com/news/mercedes-sprinter-vans-to-use-kumho-tires-18067.html#comments autoevolution http://www.autoevolution.com/news/saab-dealers-and-customers-to-be-financed-by-gmac-18066.html
Jan Ake Jonsson, CEO of Saab Automobile AB said: "Today's a...]]> After the sale of Saab has been completed, the Swedish manufacturer started to rearrange its business. Consequently, it has just announced that it has selected GMAC Financial Services as the preferred provider of wholesale and retail financial services for qualified Saab dealers and customers in many different countries around the world. This is great news for everybody, especially the clients in the market for a brand new Saab.

Jan Ake Jonsson, CEO of Saab Automobile AB said: "Today's a... (read more)]]> Mon, 15 Mar 2010 15:32:55 GMT Industry - autoevolution http://www.autoevolution.com/news/saab-dealers-and-customers-to-be-financed-by-gmac-18066.html Industry http://www.autoevolution.com/news/saab-dealers-and-customers-to-be-financed-by-gmac-18066.html#comments autoevolution http://www.autoevolution.com/news/kia-venga-gets-design-award-18057.html
"Our design teams can be truly proud of this additional red dot award. It underscores the success of our...]]> The Korean car manufacturer Kia has received the red dot design award for its new MPV, the Venga. The car has been picked as the winner of the "product design" category for the compact MPV's departure from the conventional mini-van profile. This is not the first time Kia has been recognized at the red dot awards, as Kia Soul received an "honorable mention" in 2009.

"Our design teams can be truly proud of this additional red dot award. It underscores the success of our... (read more)]]> Mon, 15 Mar 2010 14:13:30 GMT Industry - autoevolution http://www.autoevolution.com/news/kia-venga-gets-design-award-18057.html Industry http://www.autoevolution.com/news/kia-venga-gets-design-award-18057.html#comments autoevolution http://www.autoevolution.com/news/former-gm-chairman-and-ceo-joins-genesis-18056.html
"In addition to Mr. Stempel's extraordinary accomplishments in the business world, his tenure as the Chairman of the Council of Great Lakes Industries will provide valuable insight into the complex problems that plague America's largest bodies of water," ...]]> Robert C. Stampel, who served as a Chairman and CEO of General Motors during 1990-1992, has been named a Board of Directors member by Genesis Fluid Solutions Holdings today, increasing the company's board members to four directors.

"In addition to Mr. Stempel's extraordinary accomplishments in the business world, his tenure as the Chairman of the Council of Great Lakes Industries will provide valuable insight into the complex problems that plague America's largest bodies of water," ... (read more)]]> Mon, 15 Mar 2010 14:04:44 GMT Industry - autoevolution http://www.autoevolution.com/news/former-gm-chairman-and-ceo-joins-genesis-18056.html Industry http://www.autoevolution.com/news/former-gm-chairman-and-ceo-joins-genesis-18056.html#comments autoevolution http://www.autoevolution.com/news/exxon-to-start-15-billion-lng-project-18055.html
This means that Exxon will start gas production in the Southern Highlands and Western Provinces of Papua New Guinea. The company will also build liquefaction and storage facilities with capacit...]]> As liquefied natural gas becomes more and more popular as fuel for cars, it is only natural that corporations are interested in exploiting LNG. Exxon Mobil Corporations has just announced that it will start its Papua New Guinea (PNG) LNG project, as all purchasing and financing agreements are complete.

This means that Exxon will start gas production in the Southern Highlands and Western Provinces of Papua New Guinea. The company will also build liquefaction and storage facilities with capacit... (read more)]]> Mon, 15 Mar 2010 13:29:48 GMT Industry - autoevolution http://www.autoevolution.com/news/exxon-to-start-15-billion-lng-project-18055.html Industry http://www.autoevolution.com/news/exxon-to-start-15-billion-lng-project-18055.html#comments autoevolution http://www.autoevolution.com/news/chinese-automakers-asked-to-improve-quality-standards-18052.html
The Chinese Ministry of Information and Technology has recently released an advisory statement, urging the country's carmakers to develop a nationwide quality standard in order to improve the quality management process.

The authority stressed the fact th...]]> The Chinese automotive market is passing through a booming period, but domestic automakers must make sure that they can sustain the sales growth by offering a complete range of services and maintaining a decent level of production quality.

The Chinese Ministry of Information and Technology has recently released an advisory statement, urging the country's carmakers to develop a nationwide quality standard in order to improve the quality management process.

The authority stressed the fact th... (read more)]]> Mon, 15 Mar 2010 12:35:24 GMT Industry - autoevolution http://www.autoevolution.com/news/chinese-automakers-asked-to-improve-quality-standards-18052.html Industry http://www.autoevolution.com/news/chinese-automakers-asked-to-improve-quality-standards-18052.html#comments autoevolution http://www.autoevolution.com/news/alfa-romeo-giulietta-to-use-chrysler-hybrid-powertrain-18050.html
The American manufacturer will take care of the raw build of the technology, while the Italians will be in charge of the fine tuning of the powertrain to make it suitable for each brand.

According to Inside Line, the first Italian car t...]]> As part of the now almost year-old partnership between Italian manufacturer Fiat and American Chrysler, the research and development of hybrid powertrains will be taken over by the latter, who will develop the technologies for both its vehicles and Fiat's.

The American manufacturer will take care of the raw build of the technology, while the Italians will be in charge of the fine tuning of the powertrain to make it suitable for each brand.

According to Inside Line, the first Italian car t... (read more)]]> Mon, 15 Mar 2010 11:51:21 GMT Industry - autoevolution http://www.autoevolution.com/news/alfa-romeo-giulietta-to-use-chrysler-hybrid-powertrain-18050.html Industry http://www.autoevolution.com/news/alfa-romeo-giulietta-to-use-chrysler-hybrid-powertrain-18050.html#comments autoevolution http://www.autoevolution.com/news/lg-chem-to-build-battery-cell-plant-in-the-us-18048.html
"LG Chem's selection of Holland to house the company's battery cell facility was a balanced decision based on the city's excellent infrastructure and proven, quality workforce," ...]]> LG Chem has just announced today that it intends to build a new $303 million lithium-ion battery manufacturing facility in Holland, Michigan. According to the officials, over 400 jobs could be created by 2013 and many of the people will be hired and trained in advance - prior to the plant being operational.

"LG Chem's selection of Holland to house the company's battery cell facility was a balanced decision based on the city's excellent infrastructure and proven, quality workforce," ... (read more)]]> Mon, 15 Mar 2010 11:43:32 GMT Industry - autoevolution http://www.autoevolution.com/news/lg-chem-to-build-battery-cell-plant-in-the-us-18048.html Industry http://www.autoevolution.com/news/lg-chem-to-build-battery-cell-plant-in-the-us-18048.html#comments autoevolution http://www.autoevolution.com/news/golf-gti-made-in-china-18047.html
The announcement was made by Winfried Vahland, president of Volkswagen Group China."(Sales) volume is not important for the Golf GTI. The important thing is that we can do this (produce sports cars) in China," Vahland tol...]]> Seeing the made in China label on an iconic performance vehicle didn't seem too probable, but it looks like this will happen during the course of the current year: Volkswagen will domestically produce the GTIs destined for the Chinese market, as China Daily writes.

The announcement was made by Winfried Vahland, president of Volkswagen Group China."(Sales) volume is not important for the Golf GTI. The important thing is that we can do this (produce sports cars) in China," Vahland tol... (read more)]]> Mon, 15 Mar 2010 11:42:30 GMT Industry - autoevolution http://www.autoevolution.com/news/golf-gti-made-in-china-18047.html Industry http://www.autoevolution.com/news/golf-gti-made-in-china-18047.html#comments autoevolution http://www.autoevolution.com/news/qatar-to-get-more-involved-in-volkswagen-18045.html
The first embodiment of this increased involvement will be the vocational training and further study courses at Qatar University and the AutoUni in Wolfsburg.

"The development of modern and resource-efficie...]]> The partnership between the Emirate of Qatar and the Volkswagen Group, born out of necessity last year, is about to expand to aspects other than the financial ones agreed so far. According to the German carmaker, Qatar will also get involved in research, development and education.

The first embodiment of this increased involvement will be the vocational training and further study courses at Qatar University and the AutoUni in Wolfsburg.

"The development of modern and resource-efficie... (read more)]]> Mon, 15 Mar 2010 11:24:57 GMT Industry - autoevolution http://www.autoevolution.com/news/qatar-to-get-more-involved-in-volkswagen-18045.html Industry http://www.autoevolution.com/news/qatar-to-get-more-involved-in-volkswagen-18045.html#comments autoevolution http://www.autoevolution.com/news/byd-posts-record-q4-profit-18042.html
"BYD is a company that can't be underestimated," Charles Guo, analyst with JP Morgan told Reuters. "If the Chinese vehicle market expands 10 percent this year BYD's sales...]]> After an incredible 2009 in terms of sales and an at least as promicing start of 2010, Chinese manufacturer BYD posted 1.46 billion yuan ($214 million) earnings for Q4, nearly doubling the initial forecast of 891 million yuan. Full year net profit was 3.79 billion yuan up from 1.02 billion yuan a year earlier.

"BYD is a company that can't be underestimated," Charles Guo, analyst with JP Morgan told Reuters. "If the Chinese vehicle market expands 10 percent this year BYD's sales... (read more)]]> Mon, 15 Mar 2010 11:08:56 GMT Industry - autoevolution http://www.autoevolution.com/news/byd-posts-record-q4-profit-18042.html Industry http://www.autoevolution.com/news/byd-posts-record-q4-profit-18042.html#comments autoevolution http://www.autoevolution.com/news/world-s-first-e85-hybrid-seeks-us-funding-18041.html
The aim of the meeting was to secure funding for the manufacturing operations of Mr Pelmear's E86 hybrid engine capable of 110 mpg and 400 hp. During the meeting, Pelmear explain...]]> As it has been shown before, the United States are willing to offer financial support to green car technology manufacturers. With this in mind, Douglas Pelmear, President of HP2g.com and Henry County Commissioner Richard Myers, met with officials of the U.S. Department of Energy (DOE) in Washington D.C. on Wednesday.

The aim of the meeting was to secure funding for the manufacturing operations of Mr Pelmear's E86 hybrid engine capable of 110 mpg and 400 hp. During the meeting, Pelmear explain... (read more)]]> Mon, 15 Mar 2010 10:54:14 GMT Industry - autoevolution http://www.autoevolution.com/news/world-s-first-e85-hybrid-seeks-us-funding-18041.html Industry http://www.autoevolution.com/news/world-s-first-e85-hybrid-seeks-us-funding-18041.html#comments autoevolution http://www.autoevolution.com/news/maserati-to-share-future-platform-with-alfa-romeo-18040.html
But there are a few high-end segments of the market, where platform sharing can be dangerous, as it may affect both the donor and the receiver in terms of image. The Fiat group is stepping further on this dangerous ground, by planing t...]]> Platform sharing is a commonly used concept in the automotive industry, one that offers multiple advantages, such as a lower price for some models, or a technology infusion for brands that would have otherwise been left behind in terms of engineering progress.

But there are a few high-end segments of the market, where platform sharing can be dangerous, as it may affect both the donor and the receiver in terms of image. The Fiat group is stepping further on this dangerous ground, by planing t... (read more)]]> Mon, 15 Mar 2010 10:46:57 GMT Industry - autoevolution http://www.autoevolution.com/news/maserati-to-share-future-platform-with-alfa-romeo-18040.html Industry http://www.autoevolution.com/news/maserati-to-share-future-platform-with-alfa-romeo-18040.html#comments autoevolution http://www.autoevolution.com/news/customers-stay-loyal-to-toyota-survey-shows-18037.html
Amazing as it may sound, only 6.5 percent of current Toyota customers said they would not purchase a Toyota again because of the recalls. However, a greater number of owners of other car brands were less l...]]> Despite the wave of recalls and accidents involving Toyota and Lexus vehicles, which was rumored to have strongly affected the Japanese carmaker's image, a recent survey shows Toyota customers remain loyal to the brand. The survey was conducted by the Corporate Research International (CRI).

Amazing as it may sound, only 6.5 percent of current Toyota customers said they would not purchase a Toyota again because of the recalls. However, a greater number of owners of other car brands were less l... (read more)]]> Mon, 15 Mar 2010 10:37:55 GMT Industry - autoevolution http://www.autoevolution.com/news/customers-stay-loyal-to-toyota-survey-shows-18037.html Industry http://www.autoevolution.com/news/customers-stay-loyal-to-toyota-survey-shows-18037.html#comments autoevolution http://www.autoevolution.com/news/cuban-embargo-symbolically-broken-by-amelia-island-concours-18030.html
"Cars are a common language among enthusiasts worldwide. The passion that Ing. Me...]]> It seems that the U.S.-Cuba relations have made some progress, as Director of Deposito del Automovil (the Cuban Automotive Museum) Ing. Eduardo Mesejo Maestre has been invited to North America to judge a major U.S. automotive Concours, the 15th annual Amelia Island Concours d'Elegance. As you may know from the history books, a commercial, economic and financial embargo was partially imposed on Cuba in 1960.

"Cars are a common language among enthusiasts worldwide. The passion that Ing. Me... (read more)]]> Mon, 15 Mar 2010 09:35:47 GMT Industry - autoevolution http://www.autoevolution.com/news/cuban-embargo-symbolically-broken-by-amelia-island-concours-18030.html Industry http://www.autoevolution.com/news/cuban-embargo-symbolically-broken-by-amelia-island-concours-18030.html#comments autoevolution http://www.autoevolution.com/news/honda-uk-strengthens-marketing-management-team-18028.html
Gardner will have to build a national media schedule and creative, while also being in charge with developing the long range marketing strategy for the business. Starcom Mediavest has be...]]> Honda's European division recently made several executive level changes, aiming to strengthen its marketing operation strategy. As part of the new marketing management team, Tom Gardner has been appointed to the role of Head of European Marketing, Honda Motor Europe (moving from Head of Marketing, Honda UK).

Gardner will have to build a national media schedule and creative, while also being in charge with developing the long range marketing strategy for the business. Starcom Mediavest has be... (read more)]]> Mon, 15 Mar 2010 09:32:32 GMT Industry - autoevolution http://www.autoevolution.com/news/honda-uk-strengthens-marketing-management-team-18028.html Industry http://www.autoevolution.com/news/honda-uk-strengthens-marketing-management-team-18028.html#comments autoevolution http://www.autoevolution.com/news/chademo-ev-support-association-established-in-japan-18025.html
Various companies that activate in this sector of the automotive industry are making efforts to provide the necessary facilities, but the development exceeds an individual business' normal possibilities, so the big players on the market are forming strategic alliance. The latest example for such a partnership comes from Japan, where Toyota Motor Corporation, Nissa...]]> As the electric and hybrid vehicles market expands, so does the the necessity for the support facilities, such as charging points.

Various companies that activate in this sector of the automotive industry are making efforts to provide the necessary facilities, but the development exceeds an individual business' normal possibilities, so the big players on the market are forming strategic alliance. The latest example for such a partnership comes from Japan, where Toyota Motor Corporation, Nissa... (read more)]]> Mon, 15 Mar 2010 08:50:08 GMT Industry - autoevolution http://www.autoevolution.com/news/chademo-ev-support-association-established-in-japan-18025.html Industry http://www.autoevolution.com/news/chademo-ev-support-association-established-in-japan-18025.html#comments autoevolution http://www.autoevolution.com/news/runaway-prius-true-or-false-18024.html
As you remember, on March 8, James Sikes, owner of a Toyota Prius, made a frantic 911 call, claiming his Prius is experiencing unintended acceleration and reached 94 mph. It took the swift intervention of the police to st...]]> Believe it or not, the media storm expected to hit Toyota, after last week a new 911 desperate call for help involving a runaway Prius surfaced, has backfired on the carmaker's detractors, as more and more more question regarding the validity of the event start being asked.

As you remember, on March 8, James Sikes, owner of a Toyota Prius, made a frantic 911 call, claiming his Prius is experiencing unintended acceleration and reached 94 mph. It took the swift intervention of the police to st... (read more)]]> Mon, 15 Mar 2010 08:40:38 GMT Industry - autoevolution http://www.autoevolution.com/news/runaway-prius-true-or-false-18024.html Industry http://www.autoevolution.com/news/runaway-prius-true-or-false-18024.html#comments autoevolution http://www.autoevolution.com/news/nissan-australia-kicks-off-nissan-technology-square-18023.html
During the exhibition, Nissan will showcase how the company's automotive technologies work and the way they address the environment, safety and innovation. The all-electric Leaf will be s...]]> Aussies who want to find out how a Nissan Leaf works are invited to the Nissan Technology Square. The exhibit is organized by Nissan Motor Co., Ltd. and Nissan Motor Co. (Aust.) Pty. Ltd. and starts today at Bondi Junction shopping mall in New South Wales. The event will take place from March 16 to March 20.

During the exhibition, Nissan will showcase how the company's automotive technologies work and the way they address the environment, safety and innovation. The all-electric Leaf will be s... (read more)]]> Mon, 15 Mar 2010 08:27:45 GMT Industry - autoevolution http://www.autoevolution.com/news/nissan-australia-kicks-off-nissan-technology-square-18023.html Industry http://www.autoevolution.com/news/nissan-australia-kicks-off-nissan-technology-square-18023.html#comments autoevolution http://www.autoevolution.com/news/honda-cr-z-gathered-7000-orders-in-japan-18019.html
We have to consider the fact that the vehicle has only been on sale since February 25. So in about three weeks, the CR-Z achieved over half of its planed sales target of 12,000 units for the current year. Of course this is not good news for everyone - for example, the customers who have pre-ordered the car will now have to ...]]> It seems like Honda's development plan for the new CR-Z is paying off. The company announced that it has already received 7,000 orders for the car on the Japanese market.

We have to consider the fact that the vehicle has only been on sale since February 25. So in about three weeks, the CR-Z achieved over half of its planed sales target of 12,000 units for the current year. Of course this is not good news for everyone - for example, the customers who have pre-ordered the car will now have to ... (read more)]]> Mon, 15 Mar 2010 08:00:55 GMT Industry - autoevolution http://www.autoevolution.com/news/honda-cr-z-gathered-7000-orders-in-japan-18019.html Industry http://www.autoevolution.com/news/honda-cr-z-gathered-7000-orders-in-japan-18019.html#comments autoevolution http://www.autoevolution.com/news/prius-myths-busted-by-toyota-18017.html
As Toyota is trying to regain its customers' trus...]]> Recently, Toyota had to deal with a lot of recalls related to faults of the accelerator pedal and the breaking systems on most of its line-up. It became official that the Toyota Prius, Japan's best selling hybrid car, had to be recalled due to breaking issues. Apparently, there has also been a report which states that a Toyota Prius got its accelerator stuck on an US highway, so the car might be suffering from both of the automaker's problems.

As Toyota is trying to regain its customers' trus... (read more)]]> Mon, 15 Mar 2010 07:57:25 GMT Industry - autoevolution http://www.autoevolution.com/news/prius-myths-busted-by-toyota-18017.html Industry http://www.autoevolution.com/news/prius-myths-busted-by-toyota-18017.html#comments autoevolution http://www.autoevolution.com/news/nissan-to-open-new-design-studio-in-beijing-18014.html
"With the addition of 20 designers, Nissan's new studio will enhance our design capabilities, as well as our product competiti...]]> China is a very important car market, so more and more automakers tend to open factories there. Nissan took things even further, as Nissan (China) Investment Co., Ltd. (NCIC), a Nissan subsidiary in China, has just announced the establishment of a new design studio in Beijing. This means that the Japanese car manufacturer has expanded its global design resources.

"With the addition of 20 designers, Nissan's new studio will enhance our design capabilities, as well as our product competiti... (read more)]]> Mon, 15 Mar 2010 07:33:33 GMT Industry - autoevolution http://www.autoevolution.com/news/nissan-to-open-new-design-studio-in-beijing-18014.html Industry http://www.autoevolution.com/news/nissan-to-open-new-design-studio-in-beijing-18014.html#comments autoevolution http://www.autoevolution.com/news/opel-vauxhall-s-viability-plan-moving-forward-18009.html
The measures include multiple investments in the development of new products and also massive job cuts, that are aimed at maintaining cost at a low level.

Recently, Opel/Vauxhall announced that the viability scheme has seen significant progress, especially in Spain and in the UK. In the former, Opel plans to eliminate ...]]> Last month, Opel/Vauxhall's CEO presented the carmakers' viability plan, a scheme aimed at ensuring their financial crisis survival and their return to profit in the future.

The measures include multiple investments in the development of new products and also massive job cuts, that are aimed at maintaining cost at a low level.

Recently, Opel/Vauxhall announced that the viability scheme has seen significant progress, especially in Spain and in the UK. In the former, Opel plans to eliminate ... (read more)]]> Sun, 14 Mar 2010 12:37:08 GMT Industry - autoevolution http://www.autoevolution.com/news/opel-vauxhall-s-viability-plan-moving-forward-18009.html Industry http://www.autoevolution.com/news/opel-vauxhall-s-viability-plan-moving-forward-18009.html#comments autoevolution http://www.autoevolution.com/news/nissan-presents-retailer-of-the-year-award-18002.html
The quality and diversity of our model range is giving our retailers a real boost. The performance of many of our network partners has been outstanding throughout what has been a difficult ...]]> After introducing the new Juke, Micra & Leaf, the top Nissan performers were handed awards celebrating excellence in 10 categories. The top winner for Overall Retailer of the Year was J. S. Holmes, selected by the criteria of outstanding customer quality, customer satisfaction and retail sales performance.

The quality and diversity of our model range is giving our retailers a real boost. The performance of many of our network partners has been outstanding throughout what has been a difficult ... (read more)]]> Sun, 14 Mar 2010 10:09:06 GMT Industry - autoevolution http://www.autoevolution.com/news/nissan-presents-retailer-of-the-year-award-18002.html Industry http://www.autoevolution.com/news/nissan-presents-retailer-of-the-year-award-18002.html#comments autoevolution http://www.autoevolution.com/news/aston-martin-shareholder-applied-for-government-support-17999.html
Investment Dar announces today that it has started a process of legal protection under the terms of Kuwait's Financial Stability Law (FSL), said the firm in a press release posted on its website.

Following a series of meetings with its Coordinating Committee, banks and investors in Kuwait...]]> The Kuwaiti Investment Dar company which owns half of British car maker Aston Martin announced it has applied for government support under the Islamic country's government facility for troubled companies.

Investment Dar announces today that it has started a process of legal protection under the terms of Kuwait's Financial Stability Law (FSL), said the firm in a press release posted on its website.

Following a series of meetings with its Coordinating Committee, banks and investors in Kuwait... (read more)]]> Sun, 14 Mar 2010 07:41:32 GMT Industry - autoevolution http://www.autoevolution.com/news/aston-martin-shareholder-applied-for-government-support-17999.html Industry http://www.autoevolution.com/news/aston-martin-shareholder-applied-for-government-support-17999.html#comments autoevolution http://www.autoevolution.com/news/toyota-sales-bounce-back-up-in-the-us-17995.html
The reason for this positive and unexpected result appears to be, as we have reported before, Toyota's aggressive marketing strategy that includes 0 percent APR financing for up to 60 months on 2010 Avalon, Camry, Corolla, Highlander, Matrix, RAV4, Tundra and Yaris,...]]> Although the biggest Japanese car maker was attacked form all the angles in the American media in recent weeks following several accelerator pedal incidents, the brand seems to have successfully bounced back in the top sales list.

The reason for this positive and unexpected result appears to be, as we have reported before, Toyota's aggressive marketing strategy that includes 0 percent APR financing for up to 60 months on 2010 Avalon, Camry, Corolla, Highlander, Matrix, RAV4, Tundra and Yaris,... (read more)]]> Sat, 13 Mar 2010 10:04:58 GMT Industry - autoevolution http://www.autoevolution.com/news/toyota-sales-bounce-back-up-in-the-us-17995.html Industry http://www.autoevolution.com/news/toyota-sales-bounce-back-up-in-the-us-17995.html#comments autoevolution http://www.autoevolution.com/news/russian-government-to-downsize-help-for-auto-industry-17986.html
Business daily Vedomosti, a Russian newspaper, reported that the government now plans to only use 124 billion roubles ($4.22 billion) for subsidising interest rates for auto industry loans and the scrappage scheme. The remaining 54 billion roubles ($1.91 bil...]]> It seems that the Russian car market will not be relaunched as expected. According to just-auto.com, the Russian government may reduce its plans to invest 180 billion roubles ($6.12 billion) by 2020 in the development of the car industry.

Business daily Vedomosti, a Russian newspaper, reported that the government now plans to only use 124 billion roubles ($4.22 billion) for subsidising interest rates for auto industry loans and the scrappage scheme. The remaining 54 billion roubles ($1.91 bil... (read more)]]> Sat, 13 Mar 2010 07:33:01 GMT Industry - autoevolution http://www.autoevolution.com/news/russian-government-to-downsize-help-for-auto-industry-17986.html Industry http://www.autoevolution.com/news/russian-government-to-downsize-help-for-auto-industry-17986.html#comments autoevolution http://www.autoevolution.com/news/freightliner-presents-all-electric-chassis-17976.html
The new all-electric chassis has been developed in collaboration with Enova Systems, which has a vast experience in developing and producing electric and hybrid systems for commercial vehicles.

In partnership with Enova we h...]]> Freightliner Custom Chassis Corporation (FCCC) has announced the introduction of its plug-in all-electric walk-in van (WIV) chassis. The new domestically engineered chassis model is the first all electric chassis in the North American industry. It includes HVAC system.

The new all-electric chassis has been developed in collaboration with Enova Systems, which has a vast experience in developing and producing electric and hybrid systems for commercial vehicles.

In partnership with Enova we h... (read more)]]> Fri, 12 Mar 2010 12:15:03 GMT Industry - autoevolution http://www.autoevolution.com/news/freightliner-presents-all-electric-chassis-17976.html Industry http://www.autoevolution.com/news/freightliner-presents-all-electric-chassis-17976.html#comments autoevolution http://www.autoevolution.com/news/navistar-presents-international-terrastar-class-4-5-work-truck-17972.html
The International TerraStar comes from the same blood lines as the rest of our commercial truck line-up, said Jack Allen, president, Navistar's North American Truck Group. Its commercial-duty d...]]> The National Truck Equipment Association (NTEA) Work Truck Show has brought to the public Navistar's International TerraStar Class 4/5 commercial truck. The new truck has a new range of commercial-duty features, like a MaxxForce 7 V8 diesel engine or the largest cabin available in the Class 4/5 trucks.

The International TerraStar comes from the same blood lines as the rest of our commercial truck line-up, said Jack Allen, president, Navistar's North American Truck Group. Its commercial-duty d... (read more)]]> Fri, 12 Mar 2010 11:41:24 GMT Industry - autoevolution http://www.autoevolution.com/news/navistar-presents-international-terrastar-class-4-5-work-truck-17972.html Industry http://www.autoevolution.com/news/navistar-presents-international-terrastar-class-4-5-work-truck-17972.html#comments autoevolution http://www.autoevolution.com/news/nissan-march-production-starts-in-thailand-17969.html
The vehicle will be officially launched on March 26 at the Bangkok International Motor Show 2010 and will be the first vehicle produced under Thailand's eco-car program. The eco-car title is not easy to obtain, as the car...]]> Nissan Motor Thailand (NMT) has just officially announced that production on the new Nissan March in under way. The event was celebrated with more than 200 guests and employees, including representatives from the Thai government and Trirong Suwanakiri, deputy prime minister.

The vehicle will be officially launched on March 26 at the Bangkok International Motor Show 2010 and will be the first vehicle produced under Thailand's eco-car program. The eco-car title is not easy to obtain, as the car... (read more)]]> Fri, 12 Mar 2010 11:17:05 GMT Industry - autoevolution http://www.autoevolution.com/news/nissan-march-production-starts-in-thailand-17969.html Industry http://www.autoevolution.com/news/nissan-march-production-starts-in-thailand-17969.html#comments autoevolution http://www.autoevolution.com/news/australia-gets-its-first-two-i-mievs-17961.html
The vehicles' arrival into the Port of Brisbane was witnessed by Queensland's Minister for Climate Change and Sustainability, the honourable Kate Jones. Mrs Jones also presided over their first official Australian inspection, together with customs, shipping and port authorities.

The two vehicles...]]> It's official, all-electric vehicles are spreading everywhere. Just recently Mitsubishi Motors Australia Limited (MMAL) has announced that it received two full-production i-MiEV electric vehicles.

The vehicles' arrival into the Port of Brisbane was witnessed by Queensland's Minister for Climate Change and Sustainability, the honourable Kate Jones. Mrs Jones also presided over their first official Australian inspection, together with customs, shipping and port authorities.

The two vehicles... (read more)]]> Fri, 12 Mar 2010 10:25:22 GMT Industry - autoevolution http://www.autoevolution.com/news/australia-gets-its-first-two-i-mievs-17961.html Industry http://www.autoevolution.com/news/australia-gets-its-first-two-i-mievs-17961.html#comments autoevolution http://www.autoevolution.com/news/nhtsa-says-2009-fatalities-lowest-since-1954-17949.html
"This is exciting news, but there are still far too many people dying in traffic accidents," said U.S. Transportation Secretary Ray LaHood. "Drivers need to keep their hands on the steering wheel and their focus on the road in order to stay s...]]> US traffic seems to have become safer. According to the U.S. Department of Transportation, the number of overall traffic fatalities reported at the end of 2009 reached the lowest level since 1954, dropping for the 15th consecutive quarter.

"This is exciting news, but there are still far too many people dying in traffic accidents," said U.S. Transportation Secretary Ray LaHood. "Drivers need to keep their hands on the steering wheel and their focus on the road in order to stay s... (read more)]]> Fri, 12 Mar 2010 08:35:10 GMT Industry - autoevolution http://www.autoevolution.com/news/nhtsa-says-2009-fatalities-lowest-since-1954-17949.html Industry http://www.autoevolution.com/news/nhtsa-says-2009-fatalities-lowest-since-1954-17949.html#comments autoevolution http://www.autoevolution.com/news/daimler-trucks-to-enter-new-markets-17948.html
At the beginning of the year, the German company announced that it had won the Chinese government's approval for a joint-business with China's No. 1 ...]]> Daimler Trucks, the world's largest heavy trucks manufacturer is planing to expand its business to new markets, such as China, in order to maintain its market leader status. The producer is making efforts to compensate its falling market share - last year, the company's market share dropped from 15.2 percent to 11 percent, as Bloomberg reports.

At the beginning of the year, the German company announced that it had won the Chinese government's approval for a joint-business with China's No. 1 ... (read more)]]> Fri, 12 Mar 2010 08:32:01 GMT Industry - autoevolution http://www.autoevolution.com/news/daimler-trucks-to-enter-new-markets-17948.html Industry http://www.autoevolution.com/news/daimler-trucks-to-enter-new-markets-17948.html#comments autoevolution http://www.autoevolution.com/news/toyota-signs-agreement-with-afc-champion-indianapolis-colts-17946.html
Our Central Indiana Toyota dealers are excited to be extending this partnership with the Indianapolis Colts, said Michael Rocco, General Manager of Toyota's Chicago Region. This past season was fantastic for Toyota because we were given the o...]]> Toyota and the AFC champion Indianapolis Colts have just announced that they signed a new three-year contract which maintains the automaker's status as Official Vehicle of the Indianapolis Colts. This has happened after a successful one-year partnership.

Our Central Indiana Toyota dealers are excited to be extending this partnership with the Indianapolis Colts, said Michael Rocco, General Manager of Toyota's Chicago Region. This past season was fantastic for Toyota because we were given the o... (read more)]]> Fri, 12 Mar 2010 08:14:04 GMT Industry - autoevolution http://www.autoevolution.com/news/toyota-signs-agreement-with-afc-champion-indianapolis-colts-17946.html Industry http://www.autoevolution.com/news/toyota-signs-agreement-with-afc-champion-indianapolis-colts-17946.html#comments autoevolution http://www.autoevolution.com/news/yokohama-to-launch-new-tire-17943.html
The new MY627W is meant to replace the Y773 model. Yokohama says that the new tire will have a longer life cycle, will be more durable and will have lower operation costs. The tire is designed especially for vehicles that require a high lead-carryi...]]> Yokohama has just announced that it will introduce its new all-position waste and sanitation tire, called MY627W, at the Mid-America Trucking Show (MATS). The show will take place in March 25-27, at the Kentucky Expo Center in Louisville, Kentucky.

The new MY627W is meant to replace the Y773 model. Yokohama says that the new tire will have a longer life cycle, will be more durable and will have lower operation costs. The tire is designed especially for vehicles that require a high lead-carryi... (read more)]]> Fri, 12 Mar 2010 07:52:45 GMT Industry - autoevolution http://www.autoevolution.com/news/yokohama-to-launch-new-tire-17943.html Industry http://www.autoevolution.com/news/yokohama-to-launch-new-tire-17943.html#comments autoevolution http://www.autoevolution.com/news/aston-to-rise-personalization-level-17941.html
The aim is to form a team of engineers that would be able to make any of your dreams come true. Reichman said that this could be accomplished using Aston's historic Works Servi...]]> Everything it's for sale, as long as you have enough money, at least that's what Aston Martin thinks. According to autoexpress.co.uk, at the launch of the new Cygnet and DB9 UB-2010, Aston Martin design director Marek Reichman said that he was looking for new ways to upgrade the levels of personalization of their cars.

The aim is to form a team of engineers that would be able to make any of your dreams come true. Reichman said that this could be accomplished using Aston's historic Works Servi... (read more)]]> Fri, 12 Mar 2010 06:54:08 GMT Industry - autoevolution http://www.autoevolution.com/news/aston-to-rise-personalization-level-17941.html Industry http://www.autoevolution.com/news/aston-to-rise-personalization-level-17941.html#comments autoevolution http://www.autoevolution.com/news/daimler-sells-bus-fleet-to-italy-17937.html
This impressive order has been place by four Sardinian public transit authorities: CTM Cagliari, ATP Nuoro, ASPO Olbia and ATP Sassari. The buses will help replace 60% of the ci...]]> Fleet sales are extremely important whether we talk about cars, trucks or buses, especially in times of recession. As selling has became more and more difficult, Daimler Buses has just announced an important contract which states that the automaker will deliver a total of 239 buses to Sardinia by the end of July 2010.

This impressive order has been place by four Sardinian public transit authorities: CTM Cagliari, ATP Nuoro, ASPO Olbia and ATP Sassari. The buses will help replace 60% of the ci... (read more)]]> Thu, 11 Mar 2010 15:34:52 GMT Industry - autoevolution http://www.autoevolution.com/news/daimler-sells-bus-fleet-to-italy-17937.html Industry http://www.autoevolution.com/news/daimler-sells-bus-fleet-to-italy-17937.html#comments autoevolution http://www.autoevolution.com/news/audi-continues-to-grow-in-australia-17935.html
The new facility has 1,100 square meters of showroom and has been designed after Audi's global ‘Terminal' architecture. The aftersales section has an indoor display of 480 square meters, which is enough for 16 Audi vehicles....]]> Aussies have just received another premium car dealership, as the Audi Centre Newcastle will be officially opened today. Audi Australia's managing director, Mr Uwe Hagen, along with owner and dealer principal, Mr Wayne Sanders will take part at the opening ceremony.

The new facility has 1,100 square meters of showroom and has been designed after Audi's global ‘Terminal' architecture. The aftersales section has an indoor display of 480 square meters, which is enough for 16 Audi vehicles.... (read more)]]> Thu, 11 Mar 2010 14:57:38 GMT Industry - autoevolution http://www.autoevolution.com/news/audi-continues-to-grow-in-australia-17935.html Industry http://www.autoevolution.com/news/audi-continues-to-grow-in-australia-17935.html#comments autoevolution http://www.autoevolution.com/news/bmw-celebrates-its-best-us-dealers-17929.html
BMW of North America has just announced the names of its best US dealers. 24 out of the 338 BMW dealers in America have been awarded the "2010 Center of Excellence" (COE). The Centers were selected based on the criteria of cust...]]> The Dealer of the Year Awards have never been more important as they are this year. The recession made car sales drop all over the world and forced dealers to struggle for each sale, especially in the US where premium European brands usually sold big volumes.

BMW of North America has just announced the names of its best US dealers. 24 out of the 338 BMW dealers in America have been awarded the "2010 Center of Excellence" (COE). The Centers were selected based on the criteria of cust... (read more)]]> Thu, 11 Mar 2010 13:30:20 GMT Industry - autoevolution http://www.autoevolution.com/news/bmw-celebrates-its-best-us-dealers-17929.html Industry http://www.autoevolution.com/news/bmw-celebrates-its-best-us-dealers-17929.html#comments autoevolution http://www.autoevolution.com/news/the-scottish-police-uses-seized-audi-q7-17928.html
Though it's the first time the police station is using a seized vehicle to its own benefit, things seem to be going well.

Assistant Chief Constable John Neilson, QPM said, "this is a first for St...]]> How does a police squad get a 40,000 pounds Audi Q7? Simple, they seize it. It happened in Glasgow, Scotland, where the police managed to seize the car from a criminal gang operating in the north of the city. The Q7 is now being used by the Strathclyde Police, Scotland's largest police force.

Though it's the first time the police station is using a seized vehicle to its own benefit, things seem to be going well.

Assistant Chief Constable John Neilson, QPM said, "this is a first for St... (read more)]]> Thu, 11 Mar 2010 13:19:13 GMT Industry - autoevolution http://www.autoevolution.com/news/the-scottish-police-uses-seized-audi-q7-17928.html Industry http://www.autoevolution.com/news/the-scottish-police-uses-seized-audi-q7-17928.html#comments autoevolution http://www.autoevolution.com/news/honda-builds-second-motorcycle-plant-in-india-17925.html
The new plant will be approximately 90 km from Delhi and it is scheduled to become operational in the latter half of 2011 with annual production capacity of 600,000 units.

In addition, HMSI is ...]]> Honda Motorcycle & Scooter India (HMSI) revealed plans to build a second motorcycle production plant to meet the company's annual 20 percent increase in demand on the local market. HMSI will therefore acquire approximately 240,000 square meters of land within the Tapukara Industrial Area, Rajasthan.

The new plant will be approximately 90 km from Delhi and it is scheduled to become operational in the latter half of 2011 with annual production capacity of 600,000 units.

In addition, HMSI is ... (read more)]]> Thu, 11 Mar 2010 11:40:16 GMT Industry - autoevolution http://www.autoevolution.com/news/honda-builds-second-motorcycle-plant-in-india-17925.html Industry http://www.autoevolution.com/news/honda-builds-second-motorcycle-plant-in-india-17925.html#comments autoevolution http://www.autoevolution.com/news/ralliart-to-close-in-april-17924.html
As you may know, some of the Mitsubishi vehicles are branded Ralliart and sold all over the world. Apparently, this c...]]> Though most of the media channels insist that some of the world's economies are recovering, and the depression is over, we can still feel the aftershocks. Just today Ralliart, a Japanese high-performance subsidiary of Mitsubishi, has announced that it is closing its doors. The business started to go under as the Japanese aftermarket sales went down due to the global recession.

As you may know, some of the Mitsubishi vehicles are branded Ralliart and sold all over the world. Apparently, this c... (read more)]]> Thu, 11 Mar 2010 11:31:46 GMT Industry - autoevolution http://www.autoevolution.com/news/ralliart-to-close-in-april-17924.html Industry http://www.autoevolution.com/news/ralliart-to-close-in-april-17924.html#comments autoevolution http://www.autoevolution.com/news/chevrolet-cruze-coupe-in-the-works-17923.html
However, Reuss says that such a version is needed, especially for a successful model like Cruze.

"2 door Cruze is a nice idea, and...]]> Mark Reuss, GM North America President, hosted a live webchat to talk about GM North America, its plans and products, giving us some suggestions on the things we should expect from GM in the near future. One possible product that could be released in the next few years is a 2-door Cruze, possible to be marketed as Coupe, but details are still kept secret.

However, Reuss says that such a version is needed, especially for a successful model like Cruze.

"2 door Cruze is a nice idea, and... (read more)]]> Thu, 11 Mar 2010 11:29:18 GMT Industry - autoevolution http://www.autoevolution.com/news/chevrolet-cruze-coupe-in-the-works-17923.html Industry http://www.autoevolution.com/news/chevrolet-cruze-coupe-in-the-works-17923.html#comments autoevolution http://www.autoevolution.com/news/peter-fleet-appointed-ford-asean-president-17920.html
Fleet, who first joined Ford in 1989, will be leveraging ASEAN regional assets and resources, overseeing the succes...]]> American carmaker Ford announced it has named a new Ford ASEAN President, effective April 1, 2010. Peter Fleet, the man who will be in charge with managing and growing the integrated operations across Ford's ASEAN markets (Thailand, the Philippines, Indonesia, Malaysia and Vietnam) will report directly to Joe Hinrichs, group vice president and president, Asia Pacific and Africa.

Fleet, who first joined Ford in 1989, will be leveraging ASEAN regional assets and resources, overseeing the succes... (read more)]]> Thu, 11 Mar 2010 11:17:20 GMT Industry - autoevolution http://www.autoevolution.com/news/peter-fleet-appointed-ford-asean-president-17920.html Industry http://www.autoevolution.com/news/peter-fleet-appointed-ford-asean-president-17920.html#comments autoevolution http://www.autoevolution.com/news/911-call-runaway-toyota-prius-17919.html
New information emerged today when FoxNewsChannel revealed the 911 call of the driver who finally managed to bring the vehicle to a halt with the help of...]]> Unfortunately, reports concerning the stuck accelerator pedal on various Toyota models keep coming and although the Japanese manufacturer says its recall goes according to the plan, new incidents occur all over the world. A few days ago, we told you about a runaway Prius on the San Diego highway that got its pedal stuck at 94 mph (151 km/h).

New information emerged today when FoxNewsChannel revealed the 911 call of the driver who finally managed to bring the vehicle to a halt with the help of... (read more)]]> Thu, 11 Mar 2010 11:16:14 GMT Industry - autoevolution http://www.autoevolution.com/news/911-call-runaway-toyota-prius-17919.html Industry http://www.autoevolution.com/news/911-call-runaway-toyota-prius-17919.html#comments autoevolution http://www.autoevolution.com/news/volkswagen-recruiting-university-graduates-and-apprentices-17915.html
The Group will also enter 2,900 youngsters in its vocation...]]> It looks like the Volkswagen Group's Porsche throughout your life commercials, that showed the experience offered by a 911 - from a man's childhood to his maturity, when he eventually owns one - weren't just marketing exercises, as the company is following this pathway in its business development: this year, the Volkswagen Group will be recruiting 3,000 university graduates worldwide, of which 33 percent will receive a job in Germany.

The Group will also enter 2,900 youngsters in its vocation... (read more)]]> Thu, 11 Mar 2010 10:45:51 GMT Industry - autoevolution http://www.autoevolution.com/news/volkswagen-recruiting-university-graduates-and-apprentices-17915.html Industry http://www.autoevolution.com/news/volkswagen-recruiting-university-graduates-and-apprentices-17915.html#comments autoevolution http://www.autoevolution.com/news/gm-on-track-to-pay-govt-loans-before-june-17910.html
"I believe we're going to beat that date," Whitacre said, according to a Reuters report. "We have restructured and the progres...]]> One of the most important tasks for General Motors is now to pay back the government loans it received in both the United States and Canada, while forcing to re-become competitive and refresh the product lineup. GM CEO Ed Whitacre says the US-based manufacturer is still on track to pay the $8 billion loan to the two governments before the June deadline.

"I believe we're going to beat that date," Whitacre said, according to a Reuters report. "We have restructured and the progres... (read more)]]> Thu, 11 Mar 2010 10:22:15 GMT Industry - autoevolution http://www.autoevolution.com/news/gm-on-track-to-pay-govt-loans-before-june-17910.html Industry http://www.autoevolution.com/news/gm-on-track-to-pay-govt-loans-before-june-17910.html#comments autoevolution http://www.autoevolution.com/news/electric-car-maker-planning-to-buy-nummi-17907.html
Such an investor is Aurica Motors LLC, an electric startup that h...]]> Last year, General Motors announced its decision to walk away from the NUMMI deal and leave Toyota to decide the fate of the joint venture. Just as expected, the Japanese manufacturer decided to shut down the facility, a process that will be completed in 2010. However, it seems like NUMMI will actually live on, as some other investors are currently negotiating a takeover that would actually lead to production of various models.

Such an investor is Aurica Motors LLC, an electric startup that h... (read more)]]> Thu, 11 Mar 2010 09:51:17 GMT Industry - autoevolution http://www.autoevolution.com/news/electric-car-maker-planning-to-buy-nummi-17907.html Industry http://www.autoevolution.com/news/electric-car-maker-planning-to-buy-nummi-17907.html#comments autoevolution