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GM, BMW, Daimler invest in hybrid project
YAHOO
Reuters - A research alliance
consisting of General Motors Corp., BMW AG and DaimlerChrysler
AG plans to invest over $1 billion in the development of a new
hybrid transmission and related systems that backers say will
leapfrog the market-leading technology now offered by Toyota
Motor Corp..
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GM to show off fuel cell-powered car
YAHOO
AP - General Motors Corp. has achieved a milestone in its quest to bring a hydrogen fuel cell-powered vehicle to market, announcing that it now has a drivable version of its Sequel concept car.
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GM to show off fuel cell-powered car
YAHOO
AP - General Motors Corp. has achieved a milestone in its quest to bring a hydrogen fuel cell-powered vehicle to market, announcing that it now has a drivable version of its Sequel concept car.
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Can Wal-Mart take on OPEC?
CNN
More than 5 million vehicles on U.S. roads today can run on ethanol - a renewable fuel that comes from corn - as well as gasoline. General Motors (Charts), Ford (Charts) and DaimlerChrysler (Charts) recently announced plans to double their annual production of so-called flex fuel vehicles to two million cars and trucks by 2010.
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Wal-Mart may sell ethanol
CNN
More than 5 million vehicles on U.S. roads today can run on ethanol - a renewable fuel that comes from corn - as well as gasoline. General Motors (Charts), Ford (Charts) and DaimlerChrysler (Charts) recently announced plans to double their annual production of so-called flex fuel vehicles to two million cars and trucks by 2010.
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Business Group Sues Illinois For Sanctions Against Sudan
AHN
The National Foreign Trade Council sues Illinois, saying sanctions the state imposed against Sudan are unconstitutional. Businesses that are part of the NFTC include Boeing Co., Caterpillar Inc., Chevron Corp., Exxon Mobil Corp., Microsoft Corp., Ford Motor Co., General Motors Corp. and...
Sources: AHN
Ford may sell Land Rover and Jaguar arms
YAHOO
Reuters - Automaker Ford Motor may sell Land
Rover, a maker of four-wheel-drive vehicles, along with Jaguar,
as part of a shake-up of its British brands, The Sunday Times
newspaper reported.
Sources: YAHOO
Apple Teams up with Automakers to Have iPod Access in Vehicles
AHN
Apple has teamed up with General Motors, Ford, and Mazda to put iPod hook-ups in the automakers' new car audio systems. iPod integration will be offered in all new models. Apple will now be available as an option in more than 70 percent of the new 2007 models sold in the U.S....
Sources: AHN
Securitas says signs $800 mln deal with GM
YAHOO
Reuters - Securitas (SECUb.ST), the world's
biggest security services firm, said on Friday it had signed an
$800 million deal with General Motors Corp. to supply
security services in North America and Europe.
Sources: YAHOO
GM aims for 10 percent of Indian car market
YAHOO
AFP - US auto giant General Motors said it aims to grab 10 percent of India's booming car market, a day after announcing plans to build a second Indian plant to sharply ramp up production.
Sources: YAHOO
Apple to connect iPod in cars
YAHOO
Reuters - Apple Computer Inc. on
Thursday said it has teamed up with three major automakers to
link its popular iPod music player with car stereos, laying
down a new challenge to a fragmented radio industry.
Sources: YAHOO
Apple warns some profits may be erased
YAHOO
AP - Apple Computer Inc. warned Thursday that it probably will wipe out some of its profits recorded since 2002 after uncovering more evidence that it improperly accounted for employee stock options.
Sources: YAHOO
Apple to delay quarterly filing
YAHOO
Reuters - Apple Computer Inc. said
on Thursday it will delay the filing of its Form 10-Q for the
quarter ended July 1, 2006 due to an ongoing investigation into
the issuance of certain stock option grants made between 1997
and 2001.
Sources: YAHOO
General Motors sees iPod integration paying off
YAHOO
Macworld.com - General Motors executives expect its plans for iPod integration to pay off as customers add the device to their must-have list when purchasing an automobile. Analysts see the deal with GM as another positive sign for Apple’s iPod as it continues to dominate the music player industry.
Sources: YAHOO
Auto makers, Apple team up to make iPod-friendly cars
YAHOO
AFP - Mazda, General Motors and Ford Motor Company have teamed up with Apple Computer to build iPod-friendly cars and trucks, the maker of the world's top-selling MP3 players said.
Sources: YAHOO
iPod Equipped Cars On Their Way
YAHOO
NewsFactor - Apple is making it easier for the throngs of iPod owners who can't go anywhere without their MP3 players. Starting this October, fans will be able to connect and control the music devices using their car stereo systems thanks to a new deal with automakers General Motors, Ford, and Mazda.
Sources: YAHOO
GM Hybrid Trucks in '07
WIRED
General Motors could reverse its fortunes by unveiling a second-generation hybrid truck next year.
Sources: WIRED
Apple's iPod compatibility in more cars
YAHOO
AP - In the latest boost to its dominance in portable music players, Apple Computer Inc. is teaming with General Motors Corp., Ford Motor Co. and Mazda Motor Corp. to integrate the iPod into car audio systems.
Sources: YAHOO
Apple partners with Ford, GM and Mazda for iPod integration
YAHOO
Macworld.com - Apple on Thursday announced partnerships with Ford, General Motors and Mazda to deliver seamless iPod integration to the majority of their brands and models. According to Apple with this announcement 70 percent of 2007-model US automobiles will offer iPod integration.
Sources: YAHOO
Apple in deals to connect iPod in new car models
YAHOO
Reuters - Apple Computer Inc. on
Thursday said it had reach agreements with Ford Motor Co.
, General Motors and Mazda (7261.T) to make it
easier to connect its popular iPod music player to car stereos.
Sources: YAHOO
GM to set up second plant in India
YAHOO
Reuters - General Motors Corp. is building
a second plant in India as it steps up the pace to grab 10
percent of the country's fast-expanding market for passenger
vehicles by 2010.
Sources: YAHOO
GM Sues Goodyear Over Withholding Of Tire Shipments
AHN
General Motors Corp. files suit against Goodyear Tire and Rubber Co. over its alleged withholding of some shipments because of a dispute over prices. The suit, filed in Macomb County Circuit Court in Michigan, says the improper halting of shipments is threatening GM with "catastrophic,...
Sources: AHN
U.S. Carmakers Report Declining Sales
AHN
U.S. carmakers reports being plagued by double-digit decrease in sales. Top companies like Ford posted a 35.2% drop, while Chrysler fell by 37% and General Motors 19.5%. The decline is partly attributed to the absence of heavy discounts present last year....
Sources: AHN
GM restates Q2 loss, says GMAC deal date in question
YAHOO
Reuters - General Motors Corp. said on
Tuesday it was restating its net loss for the just-reported
second quarter, increasing the loss by $200 million to reflect
a tax provision related to the sale of its finance arm, GMAC.
Sources: YAHOO
Ghosn rules out hostile bid for GM: report
YAHOO
Reuters - The alliance between Renault
and Nissan (7201.T) would not mount a hostile
takeover bid for General Motors should talks on a
three-way tie-up among the carmakers fail, Carlos Ghosn told a
German newspaper.
Sources: YAHOO
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