Australian rockers AC/DC sent many a head bangin' with the 1980 anthem, Rock and Roll Ain't Noise Pollution. Renault is rocking a similar message, albeit without electric guitars, to push lagging electric-vehicle sales.
GM currently owns about 13% of the small car market. With demand for small vehicles increasing with the price of black gold, GM is out to increase that market share. Nevertheless, even if it doesn't increase its share, it plans to make more money off of each small car sold. How? By raising the price, naturally.
General Motors has reintroduced the position of President and Chief Operating Officer with the naming of Fritz Henderson to the post by Rick Wagoner. Henderson's move up from Vice Chairman and Chief Financial Officer sees Ray Young moving from group VP of finance to Executive Vice President and Chief Financial Officer, filling the vacuum left by Henderson's departure. Group Vice President of Global Powertrain and Global Quality, Thomas G. Stephens, also makes the move to Executive Vice President
Ford is looking for ways to pack their automobiles with innovative technology that achieves the seemingly impossible goal of using smaller, more efficient engines while still delivering the performance wallop customers are demanding. Not only is the Blue Oval seeking more involvement from their suppliers to push new technology and techniques forward, but the automaker's also looking outside the typical realm of automotive OEMs.
Less than two weeks after being proposed, the European Commission's plan to force Europe's car industry to reduce new car carbon dioxide emissions to 120 grams per kilometre / 2.6 ounces per mile, has been shelved by European Commission President Jose Manuel Barroso. Meant to be part of a wider climate change strategy for the European Union, the best way to achieve the proposed carbon dioxide reductions ended up being argued over by the commissioners and the European auto makers.
We reported in March that Toyota was offering incentives on its 2006 Toyota Tundra to prevent potential customers from holding out for the much bigger 2007 model due next January. Apparently that was half the story.