by Ken Zino | Aug 24, 2010
Forty percent of consumers report they are likely to test drive an electric vehicle, according to a new study of U.S. adults. However, overall awareness of EVs remains low. Even those who follow EV developments and news reports remain concerned about batteries – the...
by Ken Zino | Aug 23, 2010
Governor Haley Barbour of Mississippi and officials from Toyota Motor Manufacturing Mississippi, Inc. (TMMMS) announced today that the company is resuming hiring at its Blue Springs plant where the next generation Corolla compact car will be built. Toyota is now...
by Ken Zino | Aug 23, 2010
It’s refreshing when the president of an auto company strolls on to a race track to drive a car he actually worked on as an engineer. It’s a tad embarrassing, though, when he’s as fast, well frankly faster, than any hot shoe out there. I guess it’s not true that all...
by Ken Zino | Aug 12, 2010
It was always his intent to move on the moment General Motors Company was back on its feet, GM CEO Ed Whitacre, 68, said today at the close of a press conference discussing second quarter results. So with GM’s second straight quarterly profit just announced, ...
by Ken Zino | Aug 12, 2010
General Motors Company today announced its second quarter 2010 results with revenue of $33.2 billion and net income attributable to common stockholders of $1.3 billion. This is about a $14 billion swing when compared to the loss of almost $13 billion in Q2 of 2009...
by Ken Zino | Aug 11, 2010
General Motors Company is due to release Q2 results tomorrow morning that some analysts predict will be a significant improvement on its Q1 performance. Some of the speculation was prompted by GM CEO Ed Whitacre, who recently said that the privately held company would...
by Ken Zino | Aug 11, 2010
General Motors Company is investing $5 million to help create a new National Tire Research Center at Virginia Tech Transportation Institute. Better fuel economy and lower emissions are two of the reasons why. The facility is the result of a long partnership between...
by Ken Zino | Aug 11, 2010
It’s no secret that indigenous Chinese automakers are not competitive with western ones when it comes to existing manufacturing prowess, quality and vehicle design. That’s the reason the Communist party with its lock on the Central Government in Beijing made a series...
by Ken Zino | Aug 10, 2010
Auto parts retailers are gaining from consumers attempting to keep their aging vehicles on the road as the Great Recession drags on. Auto parts retailers experienced a seven percent growth in dollar sales for year-to-date April 2010 when compared with a year ago. Much...
by Ken Zino | Aug 10, 2010
The Volkswagen Group has completed the acquisition of Italdesign Giugiaro S.p.A. (IDG), Turin. Volkswagen now holds a 90% in IDG, including the brand name rights and patents. The remaining shares will stay in the possession of the present owner family Giugiaro....
by Ken Zino | Aug 10, 2010
Chevrolet finished first among 42 vehicle brands in the 2010 China Customer Service Index study by J.D. Power Asia Pacific. Chevrolet, a brand of Shanghai GM, scored 875 on a 1,000-point scale. Now in its 10th year, the Power study measures satisfaction among vehicle...
by Ken Zino | Aug 9, 2010
Chrysler Group LLC today said that Q2 net revenues increased to $10.5 billion, an 8.2% improvement over the prior quarter. First half 2010 net revenues totaled $20.2 billion. As a result the company ended Q2 2010 with an operating profit of $183 million and a first...
