Transportation equipment industry
Automaker stocks such as General Motors Corp., Ford Motor Co. and auto-parts makers have recently hit 52-week lows, suggesting that the time to buy may be now. Contrary to traditional wisdom, the companies are not yet losing money, as investors anticipate a decline in sales and earnings due to rising
Transportation equipment industry
Market Pulse, a leading investor relations firm, has introduced ZAP as its featured stock, citing the company's achievements in advanced transportation technologies and energy products since 1994. ZAP has recently announced that it has exceeded the $100 million threshold in purchase orders for its SMARTCAR high gas mileage
Transportation equipment industry
A devastating car accident occurred on New Year's Eve in Ashington, Northumberland, when a stolen Vauxhall Astra failed to stop at a red light and crashed into a family's Citroen Saxo, resulting in the death of 6-year-old Rebecca Sawyer and serious injuries to her 18-month-old sister,
Transportation equipment industry
The French car market experienced a decline in 2002, with overall registrations falling by 1.3% compared to the previous year. The PSA Peugeot Citroen group led the market, with its registrations decreasing by 5.4% to 864,329 units. Renault followed closely, with a decline of 3.7% to
Transportation equipment industry
As the global economy struggles to regain momentum, the auto industry is anticipating a challenging year ahead. Despite a strong finish in 2001, driven by low-cost financing deals, the industry recorded sales of approximately 17.1 million vehicles, a slight decrease from the record 17.3 million in sales a
Transportation equipment industry
The major Wall Street indices showed strength at the midday session on Thursday, January 3, 2002, driven by a late-morning rally in semiconductor shares. Despite discouraging unemployment news, the Dow Jones industrial average increased by 64.00 points, or 0.64 percent, to 10,137.40, while the tech-heavy Nasdaq
Transportation equipment industry
Despite a struggling US economy and overall downturn in US car sales, Asian car brands, such as Hyundai, Suzuki, and Mitsubishi, have experienced double-digit sales increases while Detroit's Big Three, General Motors, Ford, and DaimlerChrysler, have seen declines in sales. Hyundai, up 49 percent, and Suzuki, up 22
Transportation equipment industry
Jaguar, once a struggling luxury brand, has undergone a significant transformation under Ford's ownership, embracing mass-volume production and expanding its range with the upcoming Baby Jag. This bold move has caught many off guard, as analysts and industry experts had predicted a more cautious approach from the company.
Transportation equipment industry
The year 2000 was a tumultuous one for the automotive industry, marked by recalls, investigations, and a series of mishaps that left manufacturers reeling. The crisis began with the Firestone tire recall, as Ford's Explorer sport-utility vehicles were found to be equipped with faulty Firestone tires that were
Transportation equipment industry
The Big Three auto companies, namely Ford, DaimlerChrysler, and General Motors, have joined forces with Bell & Howell Co. to create a new industry portal called the Original Equipment Connection, or "OE Connection." This platform aims to link dealers, Original Equipment Manufacturers (OEMs), and repair shops for the
Transportation equipment industry
Visteon Corporation, a leading full-service supplier, has announced a contract to develop and supply its MACH(R) Satellite Digital Audio Radio System for a future Ford Motor Company vehicle. This partnership marks a strategic collaboration with Sirius Satellite Radio to provide satellite radio broadcasts, including up to 100 channels of
Transportation equipment industry
Automotive manufacturers Ford, General Motors, and DaimlerChrysler are joining forces with Bell & Howell Corporation to launch an internet-based purchasing service for auto repair shops to buy parts from original equipment manufacturers. The new company, built on a limited liability framework, aims to improve the accuracy and efficiency of parts
