Automobile industry
Pacific Insight Electronics Corp. (VSE:PIH) has announced that it has been selected as the sole aftermarket Daytime Running Lamps (DRL) module supplier for General Motors. This significant contract marks a major expansion of the company's product reach into the US market, following its existing market presence in
Automobile industry
A staggering 49% of drivers are oblivious to the proper functioning of anti-lock braking systems (ABS), despite its life-saving potential. The AAA Foundation for Traffic Safety surveyed drivers and found that many are confused about the difference between ABS and conventional brakes. To benefit from ABS, drivers must "unlearn&
Automobile industry
General Motors' dealers in the United States reported a mixed sales performance for February, with some divisions experiencing significant declines while others achieved record monthly sales. The company's U.S. industry vehicle forecast remains at 15.6 million units for the 1995 calendar year. Despite the challenges
Automobile industry
Mercedes-Benz engineer Armin Mueller has been awarded the Henry Ford II Distinguished Award for Excellence in Automotive Engineering for his lead role in developing the Electronic Stability Program (ESP). The ESP system, a joint development with Robert Bosch GmbH, is a revolutionary safety feature that enhances vehicle stability by automatically
Automobile industry
Informix Software, the leader in parallel processing database technology, has announced that Yamaha Motor Corporation, U.S.A. will standardize on INFORMIX-OnLine Dynamic Server as part of its implementation of SAP AG's R/3 system. This major migration from a mainframe VSAM environment to a distributed client/server
Automobile industry
General Motors Corp. regained its title as the top retailer of cars and trucks in California in 1994, surpassing Ford Motor Company for the first time since 1991. According to R.L. Polk's compilation of retail vehicle registrations, GM sold 259,099 vehicles in California last year, a
Automobile industry
Regulators with the National Highway Traffic Safety Administration have launched an investigation into defective seat belts manufactured by Takata Inc., which were installed in approximately 6 million vehicles across the United States. The affected vehicles, produced by several major automakers, include Daihatsu, Honda, Isuzu, Mazda, Mitsubishi, Nissan, Subaru, and Suzuki
Automobile industry
As the National Auto Dealers Association convention in Dallas wrapped up, General Motors Corp. CEO John Smith sounded the alarm on the growing issue of affordability in the U.S. auto industry. Smith, speaking amidst rising vehicle prices, expressed concerns that the industry's high costs are pushing car
Automobile industry
Consumers seeking to make informed purchasing decisions are often misled by sticker prices alone, without fully considering the long-term costs of vehicle ownership. According to IntelliChoice's 1995 analysis, these hidden costs can easily double the original purchase price within the first five years of ownership. The company'
Automobile industry
As the auto industry approaches the latter half of 1995, industry experts are predicting a strong first six months, but a subsequent slowdown. According to Jeanette Garretty, vice president and director of Industrial Economics at Bank of America, US automobile sales are expected to reach 15.8 million units for
Automobile industry
In a press release dated February 1, General Motors' dealers in the United States reported the following vehicle sales data for January 1995. The sales figures revealed a slight decline in total vehicle sales, attributed more to product availability rather than market trends. The data, however, showed promising performance
Automobile industry
The Mexican market, once hot for auto exports from the US and Canada, has grown cold, with Ford Motor Co. announcing it will no longer pursue its goal of doubling exports to Mexico this year. The peso devaluation has made imported cars too expensive for Mexican buyers, and Ford chairman
