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GeneralMotors Corp. and Koenigsegg Group AB, a consortium led by Koenigsegg Automotive AB, confirmed the details of a memorandum of understanding for the purchase of Saab Automobile AB. Deutsche Bank acted as financial advisor to GeneralMotors Corporation.
National Electric Vehicle Sweden AB (NEVS)—an international consortium formed by Chinese, Japanese and Swedish stakeholders—and the Receivers of the Saab Automobile bankruptcy estate ( earlier post) signed a purchase agreement covering the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.
Daihatsu, on the other hand, generally fell just within the negative zone. The study also highlights the potential improvement that a car giant like GeneralMotors has in how it could improve its long-term sustainability performance. The ranking of the 17 manufacturers based on the Sustainable Value Margin. Click to enlarge.
The Material Technology Innovation Award was presented in Shanghai during the 2013 China Automobile & Parts Industry Development & Innovation Awards sponsored by Automobile & Parts magazine, the Shanghai Overseas Exchange Association and the Tongji University Automotive Studies School.
CATL ) signed a cooperation agreement with Honda Motor in Tokyo to cooperate formally to develop electric vehicles for the future market. Also, at the Beijing Motor Show in 2018, it officially announced that more than 20 electric vehicles would be launched in China by 2025. Automobile R&D Center in Tochigi.
Automobile manufacturers plan to roll out hydrogen fuel cell vehicles in the 2015 to 2017 timeframe, while California’s share of the US market for plug-in electric vehicles currently stands at nearly 40%. —Jim Pisz, Toyota Motor Sales, USA, Inc. North American business strategy corporate manager.
The first automobile was invented in Germany in 1885 by Karl Benz, but it was the U.S. that led the building of the global 20th-century automobile industry. new-vehicle market was the world's largest, and GeneralMotors was for decades the world's largest car company. Through the turn of the current century, the U.S.
GeneralMotors has issued a factory fix for a problem where third-generation Chevy Colorado and GMC Canyon pickups were leaving car washes with dented roofs. But its hard not to throw some much-needed shade at GeneralMotors for using sheet metal thats so thin that it cannot stand up to strong winds.
Buick’s vehicle-to-everything (V2X) technology made its debut at the Guangzhou International Automobile Exhibition. dual-jet turbocharged engine along with a standard 48V mild hybrid propulsion system featuring an independent 48V battery, electric motor and hybrid control unit. Past work on V2X in China.
More than 27,000 students from 93 unique educational institutions have participated to date, seeding the industry with engineers who have helped redefine the automobile over the last three decades.
More than 27,000 students from 93 unique educational institutions have participated to date, seeding the industry with engineers who have helped redefine the automobile for more than three decades. EcoCAR prioritizes inclusion in science, technology, engineering, and mathematics to unlock the benefits of clean transportation for all.
GeneralMotors signed a letter of intent to participate in the Shanghai EV International Pilot City Partnership during the 2011 International Forum on Electric Vehicle Pilot City and Industrial Development.
GeneralMotors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and E-Town, an affiliate of the Beijing Municipal Government, have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known as Nexteer, to PCM. Terms of the sale were not disclosed. Headquartered in Saginaw, Mich.,
LG Chem has signed a deal to provide electric vehicle batteries to five companies so far—South Korea’s top carmaker Hyundai Motor; CT&T Corp., a South Korean maker of electric cars; China’s third-largest carmaker Chang’an Automobile Group; Eaton Corp.,
Current EV business models are doomed unless manufacturers that have bet their futures on them, such as GeneralMotors and VW, invest in or coordinate on a robust supercharger network. million automobiles were sold in the United States in 2019, of which only about 245,000 were battery-powered electric vehicles, researchers said.
Leading vehicle manufacturers in fuel cell technology—Daimler AG, Ford Motor Company, GeneralMotors Corporation/Opel, Honda Motor Co., Leading vehicle manufacturers in fuel cell technology—Daimler AG, Ford Motor Company, GeneralMotors Corporation/Opel, Honda Motor Co.,
A letter was signed and delivered to the White House by the Alliance of Automobile Manufacturers (AAM), the Association of International Automobile Manufacturers (AIAM), the Electric Drive Transportation Association (EDTA) and the Edison Electric Institute (EEI).
China’s Dongfeng Motor Group (DFG) will invest at least €800 (US$1.1 PSA launched its DS line in China in 2013 through with its partner Chang’an Automobile Group through its JV CAPSA, co-owned 50/50. Moreover, the alliance with GeneralMotors continues in Europe and is delivering additional growth and synergies estimated at $1.2
GeneralMotors and Spyker Cars NV finalized the deal for Spyker to purchase Saab Automobile AB. Going forward, Saab and Spyker will operate under the Spyker umbrella, and Spyker will assume responsibility for Saab operations. The previously announced wind down of Saab operations has ended.
On 17 August 1915, Charles Kettering, the co-founder of Dayton Engineering Laboratories Company (DELCO) in Dayton, Ohio, was issued US Patent Nº 1,150,523 for an “engine-starting device”—the first electric starter for automobiles. The electric starter fundamentally changed the automobile market. Cadillac founder Henry M.
With previous professional experience as CEO of Asian Operations for Chrysler Group and the CEO of GeneralMotors China Group, Murtaugh provides keen insight into Pinnacle’s planned expansion in 2014, focused heavily on Asian markets.
The Nature Conservancy, Toyota Motor North America, Union of Concerned Scientists, Volkswagen Group of America, and Volta. The Nature Conservancy, Toyota Motor North America, Union of Concerned Scientists, Volkswagen Group of America, and Volta. The Driving America Forward Act is supported by 60 organizations, including ABB Inc.,
We are very impressed by the advances made by the Cruise and GM teams, and are thrilled to help them lead a historic transformation of the automobile industry. Photo by Steve Fecht for GeneralMotors). The GM Cruise approach of a fully integrated hardware and software stack gives it a unique competitive advantage.
GeneralMotors’ OnStar subscribers can now rent out their idle vehicles through the RelayRides marketplace, leveraging OnStar connectivity already active in their vehicles ( Earlier post ), and with no need to hand over their keys. RelayRides reservation app. Click to enlarge. —Bardhi and Eckhardt.
GeneralMotors inaugurated its new flexi-engine facility in Talegaon, GM’s first powertrain plant that enables gasoline and diesel engines to be manufactured simultaneously. GM is the fifth-largest automobile manufacturer in India. The facility represents investment of $230 million.
GeneralMotors and Honda are partnering on new advanced chemistry battery components, including the cell and module, to accelerate both companies’ plans for all-electric vehicles. —Takashi Sekiguchi, Chief Officer for Automobile Operations and Managing Officer of Honda.
GeneralMotors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB. As part of the agreement, Spyker intends to form a new company, Saab Spyker Automobiles, which will carry the Saab brand forward.
GeneralMotors and Teijin Limited., As carbon fiber is 10 times stronger than regular-grade steel yet only one-quarter of the weight, carbon fiber composites used as automobile components are expected to dramatically reduce vehicle weight. Earlier post.).
GeneralMotors Co. confirmed it has signed a stock purchase agreement with Koenigsegg Group AB regarding the sale of 100% of the shares of Saab Automobile AB. Saab Automobile plans to exit legal reorganization shortly. The deal is expected to conclude in the next months. Christian von Koenigsegg, CEO of Koenigsegg Group.
Upcoming Cadillac electric cars won't look like their internal-combustion counterparts, Cadillac design director Brian Smith said in an interview with Automobile published Wednesday.
The European Automobile Manufacturers’ Association (ACEA) is warning that under current conditions, it is unlikely that the full potential of e-mobility will be met. Ford of Europe, GeneralMotors Europe, Hyundai Motor Europe, IVECO S.p.A., The ACEA members are BMW Group, DAF Trucks, Daimler, FIAT S.p.A.,
Bob Lutz, newly retired as vice chairman of GeneralMotors, has joined the board of directors of Transonic Combustion, Inc., For the foreseeable future, the internal combustion engine will remain the dominant propulsion system for automobiles and there is still a lot of room to improve its efficiency.
Peugeot Citroën (PSA); GeneralMotors (GM); Mazda; Mercedes; Mitsubishi; Ford; Honda; the. GeneralMotors. million diesel passenger cars sold in 2011, according to the European Automobile Manufacturers Association. The company has long. Pike’s Contenders category includes BMW; PSA. Volkswagen Group. Fiat-Chrysler.
Their report, “Biobased Automobile Parts Investigation”, was developed for the USDA Office of Energy Policy and New Uses. Marketing the use of biobased materials being used in an automobile costs money and must be part of the consideration in the cost of using biobased parts. —“Biobased Automobile Parts Investigation”.
In addition to winning the award for the most innovative automobile brand, Daimler was picked as the “Most innovative group” in the “Vehicle concepts” and “Safety systems” categories. The 18 companies were: BMW Group; Daimler AG; Fiat Group; Ford Motor Co.; GeneralMotors Corp.; Honda Motor Co.; Hyundai Motor Co.;
Toyota Motor Europe is already compliant with its 2012 target, and also less than 1g CO 2 /km from the more stringent 2015 target. Automobiles Peugeot and Automobiles Citroën are also both close to reaching their 2015 target already.
The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets.
One of GM’s innovations involves the creation of a shape memory alloy (SMA) heat engine for power generation from waste engine heat. More than half of the 1,300 patents filed by GeneralMotors Co. The move toward electrification is requiring us to reinvent the DNA of the automobile, requiring massive amounts of innovation.
GeneralMotors decision to remove Android Auto and Apple CarPlay smartphone connectivity features from vehicles wasnt a popular one. This is also presumably the reason why GeneralMotors went out of its way to eliminate smartphone mirroring in vehicles. However, the business no longer offers the kit.
The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said.
Six months after being launched, GeneralMotors’ OnStar has become the largest in-vehicle communications provider in China with more than 29,000 subscribers. GeneralMotors hosted the “Mobility Internet - Connecting the Virtual Superhighway Forum” at the SAIC-GM Pavilion at Expo 2010.
GeneralMotors announced today that the intended sale of Saab Automobile AB would not be concluded. Last week, Saab Automobile AB announced that it had closed on the sale of certain Saab 9-3, current 9-5 and powertrain technology and tooling to Beijing Automotive Industry Holdings Co.
GeneralMotors and the University of Michigan have formed the GM/U-M Institute of Automotive Research and Education, with a strategic focus on reinventing the automobile and developing the next generation of high-efficiency vehicles powered by diverse energy sources. —Tom Stephens.
EN-V is propelled by electric motors in each of its two driving-mode wheels. The motors not only provide power for acceleration, but also bring the vehicle to a stop. Power for the motors is provided by lithium-ion batteries that produce zero emissions. The Miao EN-V model. Click to enlarge. Autonomous operation. Group (SAIC).
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