Archive for June, 2009
Tata Motors reports losses, possible job cuts – Hey Jaguar thanks for nothing.
Jaguar is currently facing a pre-tax loss of ₤281 million and as a result Tata Motors has said it is likely that job cuts will be coming. The carmaker went as far as to say that he option of shutting down under performing plants is also a definite possibility. Jaguar Land Rover has already cut [...]
General Motors is shutting down another factory and bringing Toyota with them
After failing to come to an agreement with Toyota in regards to which cars should be built there, General Motors Corp. has decided to end its rapport with New United Motor Manufacturing Inc.
NUMMI, Freemont based, has housed a GM / Toyota joint venture for nearly 25 years. Toyota used the NUMMI to produce the Corolla [...]
Madoff sentenced to 150 years – Fair or foul?
Bernard L. Madoff was sentenced today in Manhattan federal court to 150 years in prison for perpetrating a Ponzi scheme that resulted in billions of dollars of losses to thousands of investor-victims.
In the sentencing, U.S. District Judge Denny Chin called the Madoff’s fraudulence “staggering” adding that his breach of trust to his investors was “massive”, [...]
California adopts a “cooler car” regulation to cut greenhouse gas emissions
In order to keep cars cooler, thereby cutting down the use of air conditioning, thereby increasing fuel efficiency, thereby reducing greenhouse gas emissions, the California Air Resources Board has adopted a regulation that, starting in 2012, will require new cars sold in California to have windows that reflect or absorb heat-producing rays from the sun.
The [...]
Qantas cancels its order for 15 Boeing 787 Dreamliner planes
After already enduring a sixth delay for their new 787 Dreamliner’s test flight, Boeing has taken yet another punch. Qantas canceled their order of 15 planes and put another 15 on a delayed delivery schedule.
While this is unfortunate news for Boeing, I want to know how they can let companies like Qantas get away with [...]
GM’s sale of Hummer to Chinese machinery company, Sichuan Tengzhong, likely to be turned down
Early this month, GM announced its plans to sell the Hummer division to Sichuan Tengzhong, a Chinese heavy-machinery company. In covering the story, although I was originally skeptical, in learning of the popularity of Hummer in Bejing and surrounding areas, I began to warm up to the idea. Well, not so fast. GM’s road to [...]
Chevy rolls out their first pre-production version of the 2010 Volt for testing
In the final stage of testing for production and design, Chevy rolled out the first line of pre-production Volts.
A portion of the vehicles will be used to finalize the development of the software and controls for the interface between the driver and the vehicle, while others will be used for crash-testing, endurance-testing, battery-drivetrain interface, etc.
More [...]
