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The Volkswagen North America division president, Winfried Vahland, resigns a month after being appointed to this position, according to a report by the New York Times. Vahland leaves after 25 years with the company.
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AUBURN HILLS, MI — DaimlerChrysler has begun limited commercial production of its diesel mild-hybrid Dodge Ram truck. The Ram HEV will be available to fleet customers, according to a report in Green Car Congress on December 23.
Read More →AUBURN HILLS, MI — DaimlerChrysler has begun limited commercial production of its diesel mild-hybrid Dodge Ram truck. The Ram HEV will be available to fleet customers, according to a report in Green Car Congress on December 23.
Read More →Goldman Sachs was the first to forecast a $100-plus-per-barrel crude oil price when the bank issued a research report last November, which called for a $110-per-barrel average price for West Texas Intermediate (WTI) crude in 2011. Morgan Stanley released a similar report in January and targets $95-per-barrel of WTI futures by December 2010, with an average price of $100 per barrel in 2011.
Read More →The Chrysler group said on November 18 that it will make a safety system that helps prevent rollovers standard equipment on its SUVs, beginning next year, according to a report in Automotive News.
Read More →WASHINGTON, D.C. --- In a report released this week, the Environmental Protection Agency concluded that new vehicles in the U.S. are the fastest and heaviest they've been in the past 30 years and their fuel efficiency -- about 21 miles per gallon -- isn't any better than vehicles manufactured in 1994.
Read More →CARMEL, IN - Peter Kelly, OPENLANE’s CEO, will report directly to KAR Auction Services' CEO Jim Hallett. ADESA is a subsidiary of KAR.
Read More →Times Media Group (TMG) had sold its 51 percent stake in MAP Integration Technologies (MapIT) to TomTom Africa for R37.5 million, according to a report in BusinessReport.
Read More →WASHINGTON – AAA released its latest fuel prices report for this week, noting that the average nationwide price for a gallon of regular gasoline is $3.42. Prices have continued to fall since September.
Read More →WASHINGTON – The U.S. Energy Information Administration (EIA) has analyzed the validity of the conclusion of a recent report that said the U.S. could end up producing more crude oil than Saudi Arabia around the year 2020.
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