Delta Products received a $1.9 million grant from the U.S. Department of Energy to improve the design and development of electric vehicle charging equipment.
The improved equipment will allow utilities to use
U.S. Factory Production Up in April
The gain in auto production helped the U.S. factory output increase in April.
In April output at factories, utilities and mines rose 1.1%, the most since December 2010. Factory output hit a low in June 2009, t
Warren Buffet Bought 10 Million GM Shares
Warren Buffett's Berkshire Hathaway bought 10 million shares of GM stock.
Mr. Buffett, who is chairman and CEO of Securities Exchange Commission by the Berkshire, has investment in many other companies. For th
Ford EcoBoost Engine Production Begins at Craiova Plant, Romania
Ford’s plant in Craiova celebrated today, May 16th, the beginning of the production for the 1.0-litre EcoBoost engine.
The company expects to produce 800,000 3-cylinder engines in 100, 120 and 125 PS variant
Black Boxes Mandatory in All New U.S. Vehicles Beginning 2015
From 2015 all new cars in the U.S. will be fitted with black box data recorders.
The bill states that “beginning with model year 2015, that new passenger motor vehicles sold in the United States be equipped
Green Cars Cause Treasury Gap Leading to 50% Increase in Fuel Duty
The University of Michigan Transportation Research Institute plans to equip all vehicles with safety technology which will help prevent crashes.
UMTRI, the U.S. Department of Transportation and the National Hi
Volvo Adds to its Team Former Beijing Benz Executive VP
Fu Qiang, former Beijing Benz Executive Vice President, has joined Volvo as the first marketing director of its Chinese division.
Mr Fu began his career in the auto industry when he was 23 years old, and since
Gas Price Falls, Americans Spend on Big Purchases
As U.S. gas prices begin to fall, the economy is expected to revive in the following months.
Lower gas prices means a job growth due to increased spending on big purchases. In April sales of furniture, electro