Automobile industry
General Motors India announced plans to launch commercial vehicles and passenger cars from the stable of its Chinese partner Shanghai Automotive Industry Corporation (SAIC) by the end of next year. The company will invest "millions of dollars" at its Halol plant in Gujarat to manufacture light commercial vehicles
Automobile industry
As people spend more time in their cars and on their smartphones, Detroit-area automotive companies and suppliers are working together to create a seamless connection between the two. OnStar, General Motors' in-vehicle communications subsidiary, is collaborating with smartphone manufacturers and application developers to make drive time more productive and
Automobile industry
Superior Industries International, Inc., a leading manufacturer of aluminum wheels, has announced the distribution of a regular quarterly cash dividend. The dividend will be paid at a rate of $0.16 per share to shareholders of record as of June 25, 2010. The dividend will be payable on July 9,
Automobile industry
Anametrix, the leader in cloud-based business analytics technology, and 118id, a top-five web design and interactive agency, have joined forces to offer clients a unique digital measurement strategy with real-time data reporting and insights across multiple online initiatives. This partnership will facilitate data aggregation and present integrated dashboard views across
Automobile industry
General Motors (GM) is set to trial its hydrogen fuel cell prototypes in Hawaii after announcing a collaboration with The Gas Company (TGC), one of the state's largest energy companies. The trial will see GM's Chevrolet fuel cell concept cars tested on the island of Oahu,
Automobile industry
In a move that highlights the resilience of the sector, Winnebago Industries has topped the charts with a gain of 11.84%, followed closely by Ford Motor's 6.58% increase. Thor Industries rounds out the top three with a gain of 6.44%, while Daimler and Toyota Motor
Automobile industry
The Chinese carmaker Chang'an Automobile Group and PSA Peugeot Citroen, a French auto titan, have signed a formal joint venture agreement after a five-month negotiation. This marks PSA's fifth foreign partnership in China, with the to-be-built entity being its second joint venture in the country. The
Automobile industry
Automakers at the Intelligent Transportation Society of America's (ITS) annual exposition highlighted the importance of keeping drivers' "eyes-on-the-road" for both auto safety and the environment. The industry has centered its work around two key initiatives: the Driver Focus Guidelines and the EcoDrivingUSA program. These initiatives
Automobile industry
India's automotive industry, aiming to achieve a turnover of $145 billion and provide employment to 25 million people by 2016 under the Automotive Mission Plan, is hindered by a severe shortage of skilled labor and inadequate infrastructure. According to Ernst & Young, the industry requires an additional 30
Automobile industry
LG Chem Ltd., the largest local maker of electric vehicle (EV) batteries in South Korea, has been selected by Volvo Cars Corp. as a provider of lithium-ion battery packs for electric vehicles. This deal marks the sixteenth company that LG Chem has signed a contract with to supply EV batteries.
Automobile industry
Hitachi Chemical Co Ltd, a leading manufacturer of carbon anode materials for lithium ion batteries, has taken a significant step to meet growing demand from environmentally friendly hybrid electric vehicles (HEVs), electric vehicles (EVs), and plug-in hybrid electric vehicles (PHEVs). The company has initiated installation of a second production line
Automobile industry
Czech car makers have posted a robust recovery, with output rising by one-third in the first quarter of 2010 compared to the same period a year ago. The growth was driven by higher production at all major passenger car producers, including Volkswagen, Hyundai, and Toyota's joint venture with
