by Ken Zino | Jul 2, 2010
The U.S. Department of Energy has announced an investment of as much as $24 million of your tax dollars to three research groups to explore the commercialization of algae-based biofuels. Despite algae’s potential, touted for 50 years, many technical and economic...
by Ken Zino | Jul 2, 2010
A grass roots effort to ban photo radar enforcement in Arizona has failed to garner the signatures needed to make the statewide ballot this November. Yesterday was the deadline for turning in the signatures to the Arizona Secretary of State’s office. Arizona was...
by Ken Zino | Jul 2, 2010
The Goodyear Tire & Rubber Company says it will change all Eagle tires for the NASCAR Sprint Cup and Nationwide Series races over the July 4th holiday weekend to a new design with a “patriotic red, white and blue color scheme,” reading “Support Our Troops” on the...
by Ken Zino | Jul 1, 2010
Toyota Motor Sales (TMS), U.S.A. today reported June 2010 sales of 140,604 units, down from 162,813 last month. Fewer than 12,000 of those sales were from fleet sales. American Honda Motor Company posted June sales of 106,627 vehicles, an increase of 6.2%. Nissan...
by Ken Zino | Jul 1, 2010
Dealers for General Motors delivered 195,380 vehicles in June compared with 176,574 one year ago when it was in bankruptcy, a gain of 10.7%. It remains in the Number One Spot in U.S. sales. by a healthy margin. However, in May of this year GM sold 222,000 vehicles,...
by Ken Zino | Jul 1, 2010
Toyota Motor Corporation (7203.TO) confirmed late yesterday in Tokyo that it would recall 270,000 luxury vehicles around the world to fix an engine stalling or rough idling problem. No current models are apparently involved. The latest quality and safety problem...
by Ken Zino | Jun 30, 2010
The U.S. Environmental Protection Agency (EPA) today withdrew its approval of the import and sale of 200,000 gas-powered off-road motorcycles and all-terrain vehicles from China. The agency alleges that tailpipe emissions information was either incomplete or falsified...
by Ken Zino | Jun 30, 2010
Weakness in new-vehicle retail sales experienced during the first half of June has progressed at an accelerated rate through the remainder of the month, pulling the retail selling rate below 8.5 million units, according to J.D. Power and Associates. Power had...
by Ken Zino | Jun 30, 2010
Ford Motor Company (NYSE:F) today is reducing its debt by more than $4 billion by retiring debt owed to the UAW Retiree Medical Benefits Trust ahead of schedule. The company said it is taking the action to strengthen its balance sheet. Analysts have noted that...
by Ken Zino | Jun 29, 2010
General Motors Company today hosted a group of 200 members of the financial community and other stakeholders during a Global Business Conference at its Technical Center in Warren, Michigan. The event was the first of its kind since the debut of the new company in July...
by Ken Zino | Jun 29, 2010
As the United States celebrates Independence Day, an average of 148 people die in motor vehicle crashes each year – far above the daily average. An analysis of Federal fatal crash data shows that July 4, August 13, July 15, and January 1 were the days with most...
by Ken Zino | Jun 29, 2010
Tesla Motors, Inc. (Nasdaq:TSLA), a manufacturer of electric vehicles and electric powertrain components, today announced its initial public offering of 13.3 million shares of its common stock at a price to the public of $17 per share. Tesla originally said it...
