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Tag Archives: auto informed
GM Moves Performance Build Center to Corvette Plant
GM is moving its Performance Build Center from Michigan to the Bowling Green Assembly Plant where the Chevrolet Corvette is assembled. The center allows customers to build their own specialty engines for installation in GM vehicles. Continue reading
Posted in auto news, manufacturing, marketing, people, performance
Tagged auto informed, autoinformed.com, automotive news, corvette, Ken Zino, performance build, small block v8
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Karl-Thomas Neumann formerly of VW Now GM Europe Head
The Opel Supervisory Board today named Karl-Thomas Neumann, 51, chairman of the Management Board of Adam Opel AG, effective March 2013. General Motors also appointed Neumann president of its loss making GM Europe subsidiary and a GM vice president. Neumann will be in charge of a plan to return Europe to breakeven by 2015. Continue reading
Posted in auto news, news analysis, people
Tagged adam opel, auto informed, autoinformed.com, automotive news, GM, Ken Zino, opel, vw
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GM Cuts Powertrain Locations in Efficiency Move
General Motors will close three leased facilities in Wixom, Michigan; Castleton, Indiana, and Torrance, California and consolidate their powertrain engineering activities into a Global Powertrain Engineering center in Pontiac, Michigan. GM R&D’s Propulsion Systems Research lab in Warren, Michigan will also relocate to the Pontiac campus, including its electric motor engineering . Continue reading
EPA Banning D-Con Mouse and Rat Poisons Because of Children
About 10,000 children a year are accidentally exposed to mouse and rat baits, and EPA has worked with companies to ensure that products are both safe to use around children and effective for consumers, EPA said in a statement. Reckitt Benckiser, the British maker of D-Con brand products, is the only producer of poisons that has refused to adopt EPA’s safety standards for all of its consumer use products. Continue reading
Posted in environment, news, safety
Tagged auto informed, autoinformed.com, automotive news, d-con, epa, Ken Zino, poisons, Reckitt Benckiser
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Chrysler Group Posts 2012 Net Income of $1.7 Billion
Marchionne says he will merge the two groups by 2015. However, he surprised analysts by changing his business plan forecast for Chrysler, slashing free cash flow from $3 billion to only $1 billion for 2014, with 2013 at about half of the $2.2 billion 2012 generated. He needs the cash to develop new products for both Groups while shoring up Fiat’s foundation. Continue reading
Toyota Recalls More than 1 Million Corolla and Lexus IS Cars
Bad airbags and windshield wipers are forcing the recalls of 752,000 Corolla and Corolla Matrix models and 270,000 Lexus IS cars by Toyota Motor Sales, U.S. The two separate safety recalls are the result of a defective airbag control module … Continue reading
Posted in auto news, engineering, quality, recalls, safety
Tagged auto informed, autoinformed.com, automotive news, Ken Zino, lexus recalls, nhtsa, toyota recalls
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BP Sentenced to Pay $4 Billion for Deepwater Horizon Oil Spill Crimes
Nevertheless, the penalty remains a small fraction of the actual damage caused by pumping at least 5 billion gallons of crude oil into the Gulf of Mexico. This means that BP is paying less than $1 a gallon for the criminal spill and destruction of the environment. Continue reading
Posted in fools 'n frauds, litigation, news
Tagged auto informed, autoinformed.com, automotive news, bp, deepwater horizon, gulf oil spill, Ken Zino, Macondo well
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Ford Makes $8 Billion in 2012 – Almost all in North America
Ford remains heavily dependent on the slowly recovering North American auto market, where it earned $8.3 billion, with an operating margin of 10% on sales of 2.8 million vehicles during 2012. Because of Ford’s 2012 financial performance, the company will make profit sharing payments to 45,800 U.S. hourly employees of $8,300 each. Ford expects similar North American results in 2013, with perhaps a profit increase if the pickup truck – where it is the sales leader – market continues to recover. Continue reading
Posted in auto news, economy, financial results, results
Tagged 2012 results, auto informed, autoinformed.com, automotive news, ford motor, Ken Zino
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DOT Secretary Ray LaHood Resigns
Secretary of Transportation Ray LaHood announced to the employees of the DOT that after serving for four years in President Obama’s Cabinet, he is leaving. LaHood’s successor is thus far unknown. People who have been rumored as replacements for LaHood include Los Angeles Mayor Antonio Villaraigosa, chair of last year’s Democratic National Convention; Debbie Hersman, chair of the National Transportation Safety Board; ex congressman Jim Oberstar of Minnesota, once head of the House Transportation and Infrastructure Committee. Continue reading
Posted in auto news, news, transportation
Tagged auto informed, autoinformed.com, automotive news, dot, Ken Zino, obama administration, ray lahood
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GM to Invest $600 Million in Fairfax Plant and Keep 4,000 Jobs
Sadly in the current language of multinational corporations operating in the ailing U.S. economy and its largely jobless recovery, the investment will not create any new jobs but keep 4,000. For this taxpayers of Kansas, according to The Kansas City Star approved $120 million in revenue bonds last September to subsidize the new paint shop. Continue reading
Posted in auto news, economy, manufacturing
Tagged akerson, auto informed, autoinformed.com, automotive news, celtic, fairfax, gravataí, Ken Zino, lacrosse, malibu, onix
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Court of Appeals Throws Out EPA Cellulosic Mandate for Refiners
While the enabling legislation was noble at least in its publicly stated intent – the U.S. sends over $1,000,000 a minute to oil exporting nations, many of whom are hostile to us – it was in the end a sordid tale of special interests feeding at the public trough. Worse, the legislation dictated the types and amounts of fuel to be used to gain energy independence – in effect a dreaded and ineffective design standard – instead of a performance standard that sets broad goals and lets industry and the marketplace work out the issues. Continue reading
Posted in alternative fuels, auto news, litigation, news
Tagged auto informed, autoinformed.com, automotive news, biofuels, cellulosic, eisa, ethanol, Ken Zino
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GMAC-SAIC Finance More than One Million Car buyers in China
GMAC-SAIC Automotive Finance Company says its customer base has now surpassed one- million car buyers in China. The first and largest auto finance company in China since its founding in 2004 also has a continuous record of profits. In August 2012, GMAC-SAIC reached 880,000 customers when it celebrated the company’s eighth anniversary. Continue reading
Posted in auto news, milestones, news analysis
Tagged auto financing, auto informed, autoinformed.com, automotive news, china, gmac-saic, Ken Zino
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BMW and Toyota Sign Deal for Joint Fuel Cell and Battery Programs
BMW Group and Toyota Motor Corporation today in Japan signed a contract for the joint development of a fuel cell system, a new architecture and components for a sports vehicle, and research in lightweight technologies. Continue reading
Volkswagen Now Operating Largest Solar Power “Park” in Tennessee
Volkswagen today turned on the largest single solar installation at an automotive manufacturing facility in the United States and the biggest solar installation in the state of Tennessee. At a dedication in Chattanooga, a giant light switch was used to note the opening of the 9.5-megawatt solar system. All of the output will be used by VW to make cars. Continue reading
Posted in alternative fuels, auto news, energy, manufacturing, news
Tagged auto informed, autoinformed.com, automotive news, Ken Zino, solar panels, solar park, vw chattanooga
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Driving the New “Cute-Ute” 2013 Buick Encore SUV
It’s hard to think of Buick on the cutting edge of anything, but its new Encore SUV seems poised to catch the wave of the growing cute-ute market in the U.S. Test drives of the mini SUV reveal a decent handling, refined version of GM’s Gamma II platform that is sold elsewhere in the world as Opel Mokka and Chevrolet Trax models. Continue reading
Posted in auto news, new vehicle, news analysis, road test
Tagged auto informed, autoinformed.com, automotive news, cute utes, encore, Ken Zino, mini SUVs
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