OPENLANE: Wholesale Prices Dropping Faster
The OPENLANE wholesale market index for July was 115, dropping from 118 in June and 119 in May. Even though prices dropped, they still represent year-over-year gains in all categories except trucks.
California Energy Commission Grants May Need More Market Value Scrutiny
The California Energy Commission released its proposal for distributing $19 million in grants for green car manufacturing projects. The company earning the highest score in rankings, Green Vehicles Inc., aims to build 3-wheeled, 2-seat electric vehicles for a relatively tiny and unproven segment of the plug-in vehicle market. The score suggests the need for more scrutiny in gauging project sustainability.
Utilities Find Smart Grid Projects More Complicated Than Planned
U.S. electric utility companies are investing heavily in smart grid projects to upgrade a very old infrastructure and increase energy efficiency. It's not going as planned for some of the utilities - projects will cost more and deciding who will pay for them need to be resolved. The electric vehicle sector is carefully watching these developments.
2011 GM Heavy-Duty Pickups Get New Diesel Engine, Other Upgrades
The 2011 GM heavy-duty pickups get a new Duramax 6.6L diesel engine, upgraded frame and front axle increasing cargo capacity, towing capacity and fuel economy.
Negative CamberTire In Testing Offers Numerous Potential Benefits
John Scott is testing his patented CamberTires made in an asymmetrical tire mold which yields an outer sidewall slightly taller than the inner sidewall. Mounted with a 3-degree tilt at the top toward vehicle center, it is supposed to improve ride, lateral traction, fuel efficiency and tread life.
