Cars
General Motors will invest $449 million (€324 million) to upgrade manufacturing processes at Detroit-Hamtramck Assembly and Brownstown Battery Assembly plants, as the company prepares for the next generation of electric vehicles and battery technologies. Read more »
- Gm Increasing Chevy Equinox Production At Oshawa Plant, Extends Operations Until 2017
GM announced that it will invest C$12 million (US$9 million) to increase Chevrolet Equinox production at the Oshawa assembly plant in Ontario, Canada. The investment will help meet strong demand from North America for the Equinox SUV and will extend...
- Gm To Invest $245 Million In Orion Plant For Mystery New Model
General Motors said it will invest $245 million and add 300 new jobs at the Orion Assembly plant to support launching “an all-new vehicle program unlike any in the plant’s 32-year history.†Read more »...
- China’s Wanxiang Pays Half A Billion Dollars To Acquire 80 Percent Of A123 Systems Battery Maker
A123 Systems, the Detroit-based manufacturer of batteries for electric and hybrid cars, as well as other uses, announced that it has signed a definitive agreement in which the Chinese Wanxiang Group will invest up to US$465 million in exchange for an...
- Gm Teases 2012 Buick Verano [aka The Opel Astra Sedan], Will Be Built In Michigan
General Motors today released a new teaser photo of its upcoming 2012 Buick Verano compact sedan together with the news that the vehicle will be built alongside Chevrolet's new small car [we assume GM means the Aveo] at the Orion Assembly Center...
- Ford Gets $5.9 Billion Gov. Tech Loans, Says Electric Focus Will Arrive In 2011, Plug-in Hybrid By 2012
The U.S. Department of Energy announced today that Ford has been approved for a $5.9 billion government loan to develop fuel-saving technologies that will reduce the nation's dependency on foreign oil. Ford, which is the only American automaker not...
Cars
GM Invests $449 Million for Next Generation EVs and Battery Technologies
General Motors will invest $449 million (€324 million) to upgrade manufacturing processes at Detroit-Hamtramck Assembly and Brownstown Battery Assembly plants, as the company prepares for the next generation of electric vehicles and battery technologies. Read more »
- Gm Increasing Chevy Equinox Production At Oshawa Plant, Extends Operations Until 2017
GM announced that it will invest C$12 million (US$9 million) to increase Chevrolet Equinox production at the Oshawa assembly plant in Ontario, Canada. The investment will help meet strong demand from North America for the Equinox SUV and will extend...
- Gm To Invest $245 Million In Orion Plant For Mystery New Model
General Motors said it will invest $245 million and add 300 new jobs at the Orion Assembly plant to support launching “an all-new vehicle program unlike any in the plant’s 32-year history.†Read more »...
- China’s Wanxiang Pays Half A Billion Dollars To Acquire 80 Percent Of A123 Systems Battery Maker
A123 Systems, the Detroit-based manufacturer of batteries for electric and hybrid cars, as well as other uses, announced that it has signed a definitive agreement in which the Chinese Wanxiang Group will invest up to US$465 million in exchange for an...
- Gm Teases 2012 Buick Verano [aka The Opel Astra Sedan], Will Be Built In Michigan
General Motors today released a new teaser photo of its upcoming 2012 Buick Verano compact sedan together with the news that the vehicle will be built alongside Chevrolet's new small car [we assume GM means the Aveo] at the Orion Assembly Center...
- Ford Gets $5.9 Billion Gov. Tech Loans, Says Electric Focus Will Arrive In 2011, Plug-in Hybrid By 2012
The U.S. Department of Energy announced today that Ford has been approved for a $5.9 billion government loan to develop fuel-saving technologies that will reduce the nation's dependency on foreign oil. Ford, which is the only American automaker not...