Automobile industry
Structural Dynamics Research Corporation (Nasdaq: SDRC) has signed a new development and licensing agreement with Nissan Motor Company, Ltd., under which SDRC's I-DEAS Master Series software will be used as the core technology for Nissan's next generation software system for automotive mechanical component design, concurrent engineering,
Automobile industry
Chrysler Corp.'s debt ratings were placed on FitchAlert with negative implications after a takeover proposal by Tracinda Corp., an entity controlled by Kirk Kerkorian. The proposal values Chrysler's 415 million shares at $22.8 billion, with Tracinda offering to finance the requirement with a combination of
Automobile industry
Chrysler's financial situation is under scrutiny following Tracinda Corp.'s cash offer for the remaining 90% of outstanding shares, which could lead to significant negative impacts on the company's financial leverage, strategy, and management priorities. Duff & Phelps Credit Rating Co. has placed Chrysler'
Automobile industry
Chrysler Corporation has announced its total vehicle sales for March, reporting 209,370 units, which is nine percent below the all-time record set in March 1994. However, the company saw strong sales in its main car lines, particularly the mid-size sedans and subcompacts, and continued month-to-month improvement in overall truck
Automobile industry
Chrysler Corporation has launched a new satellite communication system called the Chrysler Employee Network (CEN) to provide up-to-date news and information to its employees. The system is designed to enhance teamwork and empowerment within the company, with the goal of giving employees greater access to company news on a timely
Automobile industry
The Goodyear Tire & Rubber Company has reached a significant milestone in its production of hydroelastic motor mounts, presenting its five millionth mount to the Ford Motor Company. This achievement marks a major step forward in vehicle technology, as hydroelastic mounts replace traditional solid-rubber mounts to reduce vibration and noise.
Automobile industry
Structural Dynamics Research Corporation (Nasdaq:SDRC), a leading international supplier of mechanical design automation software, product data management software, and engineering consulting services, announced that several world-class manufacturers have selected its I-DEAS Master Series and Metaphase Series 2 software products. After extensive reviews of the leading mechanical CAE/CAD/CAM
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
