Gentex Rear Camera Display Mirror Unveiled

ZEELAND, Mich. --- Gentex Corp., a supplier of auto-dimming rear-view mirrors to the automotive industry, has supplied Vauxhall/Opel with its first rear camera display (RCD) mirror system to help evaluate the potential of this new technology as a safety feature for the European light commercial vehicle market.

Cellulosic Ethanol Company Raises Nearly $100M in New Funding

BROOMFIELD, Colo. --- Range Fuels, a company researching the means to bring cellulosic ethanol to market, has raised nearly $100 million in new funding from Khosla Ventures and an undisclosed investor, the Industry Standard reported.

Oil Companies Defend Profits in Senate Hearing

WASHINGTON D.C. -- In a senate committee hearing Wednesday, top executives from five major oil companies -- Exxon Mobile Corp., Chevron, ConocoPhillips, BPAmerica and Shell Oil USA -- vigorously denied any price gouging at a time of record profits. Instead, they attributed their third-quarter profits to market conditions.

Trimble Brings New GPS Service to Denver

DENVER, COM – Global positioning company Trimble Inc. has started offering positioning services in the Denver metro area, making it the company's first domestic market where its mobile, highly precise locating service is available.

GM Announces Revised Oldsmobile Product Lifecycle Plans

New, Used Prices Retreat

While prices and supply stabilize somewhat, the overall supply is far below historical levels, said Charlie Chesbrough, Cox Automotive senior economist.

New Vehicles Hit Record Low in Affordability

Key reasons: Prices paid moved higher, incentives declined, and estimated median incomes fell.

Daimler, Ford, and Nissan Sign Agreement to Develop Fuel Cell Vehicle Technology

According to the companies, their strategy is to use this project to launch the world’s first affordable, mass-market fuel cell electric vehicle as early as 2017.

MiX Telematics Increases Commitment to New Zealand Transport Industry

MiX Telematics, a global provider of fleet and mobile asset management solutions, will increase its focus on the evolving New Zealand transport industry. The company said it will continue to work on introducing innovative telematics solutions that cater to this specific market.