Transportation equipment industry
The General Motors Corporation has announced a significant reduction in the time it takes to design and build new cars and trucks, aiming to match its domestic competitors. The company claims to have cut the development time by six months and promises another six-month improvement by the end of the
Transportation equipment industry
NASCAR announced new rules yesterday aimed at reducing the performance of the Ford Taurus, the second such change in a month. The latest modification involves cutting an inch off each side of the rear spoiler, a move that is expected to affect the car's rear downforce. Engineers and
Transportation equipment industry
Liberty Property Trust, a real estate development and management firm, has purchased a seven-property portfolio in suburban Minneapolis and Milwaukee for $31.7 million. The portfolio spans 510,000 square feet and is 98% leased. Notably, Bob Kiel, Liberty's senior vice president based in the Lehigh Valley, oversees
Transportation equipment industry
Jaguar is reportedly on the verge of announcing a significant improvement for the Midland components industry by ordering British engines for its new "baby Jag." The Bridgend engine plant, owned by Jaguar's parent company Ford, is likely to be the primary supplier for the X400 model.
Transportation equipment industry
Richard Petty's team owner's decision not to place a decal of a beer company on his cars has led Al Levine John Andretti to forgo some perks associated with being the pole-winner for Sunday's Primestar 500. Andretti qualified for the pole with a fastest-lap
Transportation equipment industry
At the Geneva International Motor Show, automotive giants showcased their latest creations, including a new fuel-efficient Focus from Ford Motor Co., a potential sport utility vehicle from Porsche AG, and the lavish Silver Seraph from Rolls-Royce Motor Cars. The 10-day show is set to open to the public on Thursday,
Transportation equipment industry
Nick Scheele's enthusiasm is palpable as he watches the 40-year-old roadster leave the museum at Jaguar's Coventry headquarters. A queue of people wait to buy tickets for the factory tour, and the sleek silver car garners admiring glances. Scheele, who received $50m from the government to
Transportation equipment industry
Jeff Gordon's second consecutive victory in the Goodwrench 400 at North Carolina Speedway was a surprise to even himself. Starting fourth, he slipped far back in the field due to chassis issues, but a miraculous adjustment by crew chief Ray Evernham propelled him to the front. Gordon led
Transportation equipment industry
Despite declining sales of sport utility vehicles and cars, pickup trucks have maintained a steady market share, with over 2.7 million units sold for four consecutive years. As one of every five new vehicles sold is a pickup, manufacturers are reflecting on the enduring appeal of these versatile vehicles.
Transportation equipment industry
Dale Earnhardt, the seven-time stock car champion, finally secured his first Daytona 500 victory yesterday under a yellow caution flag. This triumph marked an end to a chain of 19 spectacular failures, earning him a stern reputation on the circuit. Earnhardt's strategy focused on maintaining the lead throughout
Transportation equipment industry
The Daytona 500 lineup has been determined, with positions 1-10 set by finishing position in 125-mile qualifying races, and the rest of the field set by qualifying speeds in mph or car-owner provisional points. The top 10 drivers vying for the coveted first position in the iconic NASCAR stock car
Transportation equipment industry
As the NASCAR season heats up, Pontiac teams led by crew chief Ryan Pemberton are pushing back against allegations of aerodynamic advantage. Pemberton, who recently acquired Ernie Irvan as his driver, is unafraid to speak out against what he perceives as unfair practices by Ford teams. "Those cheating Fords,
