Wanxiang Group May Extend Help to Fisker Automotive
Wanxiang Group received approval from the federal government’s Committee on Foreign Investment in the United States to acquire most of the assets of lithium-ion battery maker A123 Systems. Wanxiang has also said that it wants to support Fisker Automotive, a struggling partner of A123 which has used the li-ion battery in its Fisker Karma plug-in […]
Honda Building Accord Hybrid at Marysville Plant
Honda of America Manufacturing will invest $23 million and hire approximately 50 people at its Marysville, Ohio auto plant to add production of the new two-motor Accord Hybrid Sedan, slated to go on sale nationwide this fall. It will be the third Honda hybrid built in the U.S. and the first in Ohio. Honda says […]
Fiat-Chrysler Group Bringing 47 New or Refreshed Models to North America
The Fiat-Chrysler Group released a new product plan for the North American market – the global OEM is introducing 47 new or significantly refreshed models during the next four years, including six Alfa Romeos. It’s more than a dozen over what the company had planned to bring to market, according to the last product plan […]
GM and Isuzu in Early Phase of Working on a New Pickup Together
General Motors and Isuzu Motors Ltd. have agreed to work together on development of a new pickup truck. An agreement has been signed between the two OEMs, but they’ve been vague about the planned vehicle. It’s a joint R&D project to explore development of a “next-gen” pickup. For now, GM is concentrated on its Chevrolet […]
IIHS Studies Role Red Light Traffic Cams Are Playing
The Insurance Institute for Highway Safety (IIHS) has just conducted a new study revealing that one type of traffic cam – the red-light camera – can significantly reduce the number of drivers who run red lights and, theoretically, the many accidents they cause. In addition to the traffic cams themselves, the IIHS also set up […]
