Teams Closing in $10 Million Auto X-Prize

Teams Closing in $10 Million Auto X-Prize

Roughly two dozen teams have been descending on Michigan International Speedway, or MIS, about 100 miles west of Detroit, this week, and the stakes they’re after are pretty significant – a total of $10 million in cash. But the Progressive Auto X-Prize isn’t the...
Ford to use TRW Electric Power Steering in Europe

Ford to use TRW Electric Power Steering in Europe

TRW Automotive Holdings Corp. (NYSE:TRW) today announced that it is debuting a larger version of its Electrically Assisted Steering (EAS) system in Europe for the first time with Ford Motor Company later this year. Ford has been using the fuel-saving steering gear in...
U.S. Auto Sales in June to Drop Significantly

U.S. Auto Sales in June to Drop Significantly

June new vehicle sales in the U.S. will drop significantly from what was a weak month of May, according to J.D. Power and Associates. New-vehicle retail sales are expected to come in at 768,000 units, which represents a seasonally adjusted annualized rate (SAAR) of...
Soy Foam Seat Cushions on New Ford Explorer

Soy Foam Seat Cushions on New Ford Explorer

The new 2011 Ford Explorer will use soy foam in seat cushions and seatbacks. The soybean oil-based flexible foam material has a lower environmental impact to produce. It is up to 24% renewable as opposed to traditional non-renewable petroleum-based foam, and it offers...
GM’s OnStar Number One in China

GM’s OnStar Number One in China

Six months after being launched, General Motors’ OnStar has become the largest in-vehicle communications provider in China with more than 29,000 subscribers. (See OnStar Telematics to Launch in China) This is the first OnStar operation outside of the U.S. and Canada...
Smart Phones Add to Distracted Driving Epidemic

Smart Phones Add to Distracted Driving Epidemic

As more vehicle owners trade-in traditional cell phones for “smart phones,” their interest in communication- and connectivity-related features for their vehicle has also increased. That’s a major – and deeply troubling – finding, in the J.D. Power...
Is the Era of Cheap Chinese Products Over?

Is the Era of Cheap Chinese Products Over?

Toyota has again suspended production at its main Chinese assembly plant in the wake of a walkout by workers at a key supplier facility.  The second strike in a month at a joint venture partially owned by Japanese partsmaker Denso, hits hard a Toyota facility with the...
Fourth of July Travel Expected to Increase

Fourth of July Travel Expected to Increase

AAA today projected the number of Americans traveling this Fourth of July holiday weekend will increase 17.1% from 2009. This means about 34.9 million travelers taking a trip at least 50 miles away from home. Last year, 29.8 million Americans traveled during the same...
Sorting Out GM Stock – Old versus New

Sorting Out GM Stock – Old versus New

As General Motors prepares to register with the U.S. Securities and Exchange Commission for sale of stock in the new Company, confusion exists about the old stock of the bankrupt Corporation. It’s worthless. General Motors Company is the “new GM,” which emerged...
Houston Man Added to EPA’s Fugitive List

Houston Man Added to EPA’s Fugitive List

The U.S. Environmental Protection Agency has added Yousef Ishaq Abuteir of Houston, Texas to the agency’s fugitive Web site for failing to appear for several scheduled court proceedings. Abuteir, an Israeli citizen, pleaded guilty to conspiring to impede the Internal...
2011 Honda CR-Z to Launch at $19,200

2011 Honda CR-Z to Launch at $19,200

Honda dealers will get the official go to start selling the maker’s latest hybrid model, on August 10, and the Japanese maker says the 2011 Honda CR-Z will carry a base price of $19,200 – plus a $750 destination charge – making it one of the market’s lowest-price...