Automobile industry
Toshiba Corporation, a renowned Japanese electronics company, has announced that its innovative SCiB rechargeable battery has been chosen by Honda Motor Co., Ltd. to power its new electric car, the Fit EV. The SCiB TM battery module was developed in collaboration with Honda and has been selected after a comprehensive
Automobile industry
The presidents of major Japanese automakers, including Toyota, Nissan, and Honda, gathered in Tokyo to plead with the government to end what they call exorbitant taxes on cars. The taxes, which are estimated to be around twice or triple those in Great Britain and Germany, and 49 times those in
Automobile industry
General Motors announced today that sales in China rose approximately 10% in October compared to last year, with its head of China operations anticipating sales to double by 2015. In related news, the automaker is recalling over 38,000 2008 and 2009 Pontiac G8s due to an airbag issue. Meanwhile,
Automobile industry
A recent ruling by the National Labor Relations Board (NLRB) has highlighted the importance for dealerships to be aware of the law regarding social media posts and employee conduct. The case involved a BMW dealership that took disciplinary action against an employee for posting pictures and comments on Facebook about
Automobile industry
US manufacturing growth slowed in October due to weaker demand for exports and slower production at factories. However, companies ordered more goods, factories slashed their stockpiles, and auto sales rose, suggesting that manufacturing activity could rebound in the coming months. The Institute for Supply Management's manufacturing index dropped
Automobile industry
Ford Motor Company's Alan Mullaly has proven his commitment to long-term sustainability, as evident in his recent earnings announcement and the success of the Boeing 787 Dreamliner. Mullaly emphasizes the importance of understanding the business fundamentals and focusing on value creation. In an interview with Tom Keene, he
Automobile industry
Mayor Rahm Emanuel announced on [the date of the release is not specified] that 1,200 manufacturing jobs will be created in Chicago's Ford Motor Company plant on Torrence Avenue, resulting from the favorable national vote from the United Auto Workers union that approved a new labor contract.
Automobile industry
Mazda, aiming to offer American customers more potent and fuel-efficient engines, has announced plans to introduce new immediate-injection gasoline and diesel engines. Starting with the 2011 model year, Mazda will upgrade its lineup with the Sky engine, showcasing the first Sky gasoline engine in 2011 and a direct-injection Sky diesel
Automobile industry
Mayor Rahm Emanuel today announced a major boost to the city's economy, with Ford Motor Company set to create 1,200 manufacturing jobs at its plant on Torrence Avenue. The jobs, which will contribute to the city's growing economy and competitiveness, are a direct result of
Automobile industry
The United Auto Workers (UAW) union has finally reached a tentative contract agreement with Fiat's Chrysler unit, following similar agreements with Ford and General Motors in recent weeks. This development comes as General Motors prepares to announce a new all-electric, battery-powered car intended for urban markets. Meanwhile, other
Automobile industry
Honda Cars Philippines, Inc. (HCPI) is currently facing a supply interruption of imported completely built-up (CBU) units as a result of the flooding that devastated its plant in Thailand, which supplies about 70 percent of its total CBU supplies. HCPI imports CBU from its Thailand sister companies CR-V, Jazz, and
Automobile industry
South Korea's automobile and oil refining industries are expected to enjoy a boom in exports in the fourth quarter of this year, driven by growing overseas demand, while the construction and steel industries face a grimmer outlook due to the domestic property market slump and global market conditions.
