Category Archives: shows and events

Milestones – Chevrolet Officially Celebrates 100 Years

Posted on 3 November 2011 by Ken Zino

Chevrolet is officially recognizing its 100th birthday today by offering deals across the United States. The latest birthday or rather marketing activity ends a year-long Chevy Centennial celebration that began last January at the North American International Auto Show in Detroit. Chevrolet’s history is tangled, and its beginnings were subject to Wall Street maneuverings that are wearily similar to recent financial history. Continue reading →

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Stanley Cup of Fuel Economy? Canada vs U.S. in EcoCar2

Posted on 16 August 2011 by Ken Zino

The competition employs Canadian engineering students, together with 13 U.S. university teams, to explore ways to reduce the environmental impact of vehicles without “compromising” performance, safety and consumer acceptability. Continue reading →

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New MG in Production at Longbridge – It’s Chinese

Posted on 14 April 2011 by Ken Zino

The new four-door hatchback, priced from £15,495 – £18,995, is a far cry from the two-seat TC, TD and TF models that were loved – and bought – by repatriated U.S. soldiers in the post WW2 years. Continue reading →

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General Motors Announces EcoCar2 at SAE World Congress

Posted on 12 April 2011 by Ken Zino

In a sign of how the U.S. no longer occupies the predominate position it once held in automotive engineering, LG Chem ,a Korean company that supplies the lithium-ion cells used in the Chevrolet Volt, will be event’s tier one strategic partner. Continue reading →

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Chevrolet Corvette Centennial Edition Markets Racing Heritage

Posted on 7 April 2011 by Ken Zino

Chevrolet today announced that a 2012 Centennial Edition package will be available on all Corvette models – including Grand Sport, Z06 and ZR1 – starting this summer. The special package is designed to capitalize on the racing background of Louis Chevrolet who founded the brand 100 years ago. Continue reading →

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Subaru to Debut 2012 Impreza at New York Auto Show

Posted on 7 April 2011 by Ken Zino

Subaru of America will debut of the all-new Subaru Impreza 4-door and 5-door models at the 2011 New York International Auto Show later this month. The new Impreza design will provide a larger interior for five passengers and what’s said to be improved levels of comfort and refinement. Current Impreza models sell in the $19,000 to $23,000 range. Continue reading →

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Rolls-Royce to Debut Electric Phantom Concept at Geneva

Posted on 21 February 2011 by Ken Zino

Rolls-Royce Motor Cars today confirmed the existence of the Phantom Experimental Electric, an electric Phantom concept car that will debut at the Geneva Motor Show in March. Continue reading →

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Milestones – 900,000 Mazda MX-5 Miata Roadsters Made

Posted on 7 February 2011 by Ken Zino

What Mazda dubs as the world’s best-selling two-seat roadster, the Mazda MX-5 Miata, has reached a new milestone of 900,000 units produced.

Nearly 45% of the two-seat Miatas made – about 388,000 – were sold in the United States since the Miata launched here in the last century. Continue reading →

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Ford Reduces Debt With Successful Conversion Offers

Posted on 24 November 2010 by Ken Zino

Ford Motor Company (NYSE: F) announced today the results of conversion offers of bonds for stock that will reduce the company’s Automotive debt by more than $1.9 billion, lowering annualized interest costs by about $180 million. “These successful conversion offers represent another significant step toward our goal of reducing our Automotive debt and improving our balance sheet,” said Lewis Booth, Ford executive vice president and chief financial officer.

However, Ford is still listed as below investment grade by the rating agencies such as Moody’s Investors Service (Ba2) and Standard & Poor’s B+. Both junk ratings raise borrowing costs and limit large funds from buying Ford bonds. Ford lost its investment grade rating in 2005. Continue reading →

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