Automobile industry
Russian Prime Minister Vladimir Putin announced plans to revamp the Izhevsk automobile plant, backed by Sberbank, AvtoVAZ, and Russian Technologies. The factory aims to produce 126,000 vehicles by next year, with plans to increase production to 300,000 units by 2014. The partnership aims to capitalize on Russia'
Automobile industry
China's auto sales growth is projected to reach 15% to 20 million units in 2011, surpassing the US market, according to estimates from major automakers Toyota, General Motors, and Volkswagen. Industry analysts and executives expect sales growth in China to continue, driven by a recovering economy and increasing
Automobile industry
Tata Motors and Egyptian conglomerate GB Auto announced that they will not establish an alliance to sell Tata's vehicles in Egypt, citing differences in priorities during the negotiations. This decision comes as Egyptian automakers are experiencing a resurgence in sales, driven by a government program to offer affordable
Automobile industry
The Michigan State Senate, Democratic Caucus, released information detailing the approval of a $889,293 tax credit by the Michigan Economic Growth Authority (MEGA) Board for Piston Automotive. This incentive will enable the company to expand their Redford Township facility and manufacture electric battery packs for the 2012 Ford Focus.
Automobile industry
Ford Motor Company plans to invest $600 million in its Louisville, Kentucky plant, adding 1,800 jobs and producing the next generation of Escape. The company's Americas president, Mark Fields, expressed optimism about a gradual recovery in the labor market and consumer confidence, which could lead to up
Automobile industry
Ford Motor Co. (F) revealed that its sales in China grew 35% during November, surpassing its 24.3% sales growth in the U.S. The automaker sold 56,829 vehicles in China compared to 147,338 vehicles in the U.S. Meanwhile, Ford's sales soared 39% to 525,
Automobile industry
Nissan Motor Co. Ltd.'s pioneering electric vehicle, the LEAF, made history by becoming the first electric vehicle to win the European Car of the Year award in 2011. The award recognized the LEAF as a breakthrough for electric cars, outperforming 40 contenders from prominent automakers such as Alfa
Automobile industry
Suzuki Motor Corporation's CEO, Mr Osamu Suzuki, first proposed a possible alliance between Maruti Udyog and General Motors nearly a decade ago, hinting at a strategic partnership that could be driven by the Indian government selling its stake in Maruti. Today, Maruti Suzuki and Volkswagen are reportedly considering
Automobile industry
In a recent market update, GreenGainers, a leading micro cap research firm, highlights several stocks poised for explosive growth, including dPollution International Inc. (PINK SHEETS - RMGX). The company's patented fuel conditioning technology reduces polluting emissions and increases mileage, making it an attractive investment opportunity. GreenGainers' comprehensive
Automobile industry
The market's most reliable small cap research provider, GreenGainers, has issued a watch list of stocks poised for significant movement, including dPollution International Inc. (PINK SHEETS - RMGX), The Bank of Ireland(IRE), Allied Irish Banks PLC(AIB), Citigroup Inc.Copyright, Bank of America(BAC), Ford Motor Co.
Automobile industry
GreenGainers, a premier source for micro cap research, has highlighted several top volume gainers from the past week, including General Motors Corp., Citigroup Inc., Bank of America, and Ford Motor Company. Additionally, GreenGainers has introduced dPollution International Inc. (RMGX), a company that owns the exclusive manufacturing and distribution rights to
Automobile industry
Texas Governor Rick Perry, the next chairman of the Republican Governors Association, was interviewed on MSNBC's "The Daily Rundown" on November 18, 2010, regarding his views on government intervention, immigration, social security, and his potential presidential ambitions. During the interview, Perry expressed his skepticism about government
