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Jalopnik Crashes GM's New Global Powertrain Engineering Center In SE Michigan [Industry News]

In a move that GM Chairman and CEO Rick Wagoner described as "A major step forward for General Motors," the company today dedicated its new Global Powertrain Engineering Development Center. The center's located in Pontiac, MI, spitting distance from the defunct Silverdome — the former home to the Detroit Lions. The 450,000 square-foot facility is being touted as the most technologically advanced powertrain...

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GM Opens New Global Powertrain Engineering Center In SE Michigan [Industry News]

In a move that GM Chairman and CEO Rick Wagoner described as "A major step forward for General Motors," the company today dedicated its new Global Powertrain Engineering Development Center. The center's located in Pontiac, MI, spitting distance from the defunct Silverdome — the former home to the Detroit Lions. The 450,000 square-foot facility is being touted as the most technologically advanced powertrain...

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Chrysler Financial To No Longer Offer Auto Leases... Wait, What? [Industry News]

Yeah, we just heard Chrysler Financial will no longer be offering auto leases. We're just as stunned as everyone else. Hit the jump for the full report and our analysis including what this means for Cerberus-owned GMAC. Follow up on WSJ report that Chrysler will no longer offer auto leases through its lending arm As mentioned at 14:24, Chrysler has started telling dealers it will no longer offer auto...

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Honda Pulls First Quarter Profits Out Of Revenue-Decreasing Hat [Industry News]

Honda Motor Company managed an impressive 8.1% increase in net income in the first quarter, bringing total quarterly income to $1.69 billion. Honda managed this despite quarterly revenue dropping by 2.2% to $29.64 billion. So why are Chrysler and Ford losing money hand over fist and Honda making money with despite having to deal with the same rising material costs and decreasing sales in the U.S....

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Chrysler Discloses $515 Million First-Quarter Loss [Industry News]

Chrysler LLC revealed a $515 million first-quarter 2008 loss, despite the fact that the privately held firm isn't required to discuss earnings. So what gives? Ex-lover Daimler spilled the beans Thursday, stating that its 20% stake in Chrysler lost about $105 million in value. The Detroit News did some quick math, multiplying Daimler's loss by five, and a Chrysler spokesperson eventually confirmed...

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Cooper-Standard Automotive Announces Date for Teleconference to Discuss 2008 2nd Quarter Results

Cooper-Standard Automotive Inc., headquartered in Novi, Mich., is a leading global automotive supplier specializing in the manufacture and marketing of systems and components for the automotive industry. Products include body sealing systems, fluid handling systems, and NVH control systems. Cooper-Standard Automotive Inc. employs approximately 19,000 people globally with more than 70 facilities throughout...

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Romania automotive conference

There is a fair bit going on in Romania's auto industry these days. We recently had a colourful feature from Mark 'Coolbear' Bursa that neatly interweaved developments at Dacia with the country's recent history. A conference firm, WBR, has been in touch with me over an event, AutoRomania08 (below link) that's coming up which does actually look quite good in terms of the programme and speakers. The...

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Auto Industry Business Model Needs a Major Overhaul

Research Recap submits: The challenges facing the automotive industry will require a major change in the business model, which is unlikely to arise without government intervention, according to Oxford Analytica. General Motors’ (GM) announcement that it is collaborating with more than 30 electric utilities in the United States and Canada, as part of its plan to accelerate the introduction of plug-in...

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Hargrove Demands Federal Bail-Out of Auto Industry (Challenging the Commonplace)

When I read the headline this morning, the No! which burst out of me could not have been more furious. Once again, Buzz Hargrove, head of the Canadian Auto Workers union, is demanding government bail-outs of the auto industry. He justifies it this way.Every day now is more bad news in our industry... It's a very stressful time for our union and especially our members and their families at GM,

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Automotive Safety and Forensic Science Merge in SAE International Book

The book is written for the automotive safety community, but will interest a wide range of professionals, including allied health professionals, attorneys, accident reconstructionists, biomechanics experts, expert witnesses, forensic specialists, insurance industry researchers, insurance claim processors, nurses and physician assistants.

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Tyre Industry - Facing Extinction

One year after Michelin, the French tyre giant, shut down its production lines in Nigeria, throwing thousands of workers into the labour market, Dunlop Nigeria Plc, the last firm standing in the sector, has notified the authorities of the business environment that has become too inclement for its operations.

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Special 2008 MBS Session Focuses on Automotive Leadership Challenges

ANN ARBOR, Mich., July 24 /PRNewswire/ -- The international automotive industry is facing unprecedented change on several fronts. Leadership will be a critical factor in the coming years as a number of senior executives and managers face retirement. (Logo: ) To address the impact of this coming changeover, this year's Management Briefing Seminars Aug. 11-15 will offer a session focused on the future...

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General Automotive Announces Joint Venture to Develop and Market Advanced Fuel Cell Technology

ORLANDO, Fla.--(BUSINESS WIRE)--General Automotive Company (OTC BB: GNAU) (“GA

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Computers and Cars

Peter, a parishioner, sent me this: At a recent computer expo (COMDEX), Bill Gates reportedly compared the computer industry with the auto industry and stated, 'If GM had kept up with technology like the computer industry has, we would all be driving $25.00 cars that got 1,000 miles to the gallon.' In response to Bill's comments, General Motors issued a press release stating: If GM had developed technology...

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Joanna Krupa at the Ed Hardy Bikini Fashion

Model Joanna Krupa at the Ed Hardy Swimwear 2009 collection during Mercedes-Benz Fashion Week at the Raleigh Hote.

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iPhone Pouch Premiers At Mercedes-Benz Fashion Week Berlin

iPhone Pouch Premiers At Mercedes-Benz Fashion Week Berlin - fashionmagus

After seeing the Mercedes-Benz GLK in the “Sex and the City”, it doesn’t surprise us at all that the German carmaker decided to launch an iPhone cradle femininely trimmed with crystallised Swarovski Elements.New iPhone pouch is crafted from the finest quality leather nappa.The iPhone pouch, which was introduced at the Mercedes-Benz Fashion Week in Berlin (July 17 to 20)

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10 women, 9 kids killed in Patna road mishap

At least 20 people were killed when a jeep carrying a marriage party fell into a water-filled ditch in Patna in the wee hours of Tuesday, police said.