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Daimler Returns a Small Q3 Profit

Daimler Returns a Small Q3 Profit

After a run of heavy losses totaling almost $6 billion, Daimler AG expects to finish 2009 with a fourth quarter profit. The German automaker finished the third quarter with a net profit of $60 million despite a steep 26% plunge in sales. Daimler chief executive,...
Toyota Dealers Upgrading during Sales Slump

Toyota Dealers Upgrading during Sales Slump

As other automakers reel under the pressure under the pressure of the recession, Toyota’s U.S. dealers are sinking more money into their showrooms and service bays. As many buyers know since they provide the input, Toyota’s customer satisfaction ratings have...
Ford’s “Replacement for Displacement” at SEMA

Ford’s “Replacement for Displacement” at SEMA

There’s an old adage, in the auto industry: “There’s no replacement for displacement.”  But in an era where even muscle car fans are paying attention to fuel economy, downsizing is rapidly becoming a way of life. In an era when turbos and superchargers are gaining...
Same Freight Load, Half the Energy?

Same Freight Load, Half the Energy?

The Rocky Mountain Institute announced this morning the inaugural meeting of the North American Council for Freight Efficiency. The immodest goal is to reinvent the U.S. trucking industry to carry just as much freight on half as much energy. RMI claims there is a...
Meals on Wheels Fights Hunger in America

Meals on Wheels Fights Hunger in America

The numbers are alarming. One in nine seniors – five million people – is facing the threat of hunger every day, according to the Meals on Wheels Association of America (MOWAA). It is projecting that 75% more seniors will be facing the threat of hunger by 2025....
First Look: 2012 Volkswagen Midsize Sedan

First Look: 2012 Volkswagen Midsize Sedan

It isn’t much.  Let’s get that out of the way right up front, but it’s nonetheless the first glimpse we’ve been given of the midsize sedan Volkswagen plans to produce at its all-new Chattanooga assembly plant, which is still more than a year away from opening....
Signs of Recovery at GM, Asserts New Sales Chief

Signs of Recovery at GM, Asserts New Sales Chief

While the recovery is just taken hold, there are positive signs in the economy, and that’s translating into some measurable gains for the post-bankruptcy General Motors, company officials declared during a Wednesday meeting with the news media. The struggling...
Toyota Output Drops 24% during first half of F.Y.

Toyota Output Drops 24% during first half of F.Y.

Toyota Motor Corporation (TMC) said in Tokyo this morning that its global production dropped more than 24% during the first half of its fiscal year, which ended in September 2009. Its export business from Japan is off 45%, which will put extreme pressure on financial...
Can Senior Bigone Win the Big One?

Can Senior Bigone Win the Big One?

Senior Bigone rides again…and this just might be the most important race of his life. Few automotive executives have done a better job of playing a Hollywood leading man than General Motors Vice Chairman Bob Lutz.  He’s been a Marine fighter pilot and a lifelong...
Ford Confirms Geely as Bidder for Volvo Cars

Ford Confirms Geely as Bidder for Volvo Cars

Ford Motor Company (NYSE: F) announced today that a consortium led by Zhejiang Geely Group Holding Co. Ltd. is its preferred bidder in the ongoing discussions concerning the possible sale of Volvo Car Corporation. The confirmation comes after almost a year of press...
Prius Joins Growing List of iPhone Auto Apps

Prius Joins Growing List of iPhone Auto Apps

Toyota Motor Sales (TMS), USA, has released the “Prius Experience App,” which is available free from the App Store. The Experience App has four modes to help educate and entertain iPhone users interested in learning more about the EPA-rated 50 MPG 2010 Toyota Prius...
GM Gets Sop from Department of Energy

GM Gets Sop from Department of Energy

General Motors R&D received a $2.7 million federal award on Monday that will help build a prototype using Shape Memory Alloy, or SMA, that would generate electricity from the heat in automotive exhaust. The grant from the Department of Energy’s Advanced Research...