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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

billion in 2010 profit on a net margin of 4.6% Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 and North American suppliers pulled in $8.2 billion on a net margin of 4.3%—things

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In Tamil Nadu, Ola is building the world’s largest electric vehicle hub

Electric Vehicles India

The report claims the state government has approved Ola’s plan to acquire the land in what could be one of the largest factory deals in the Indian auto industry. ” Ola plans to invest around 10 million rupees in an electric car park under construction in the Krishnagiri district of Tamil Nadu by the end of 2010.

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Tesla replays DOE loan nine years early

Green Car Congress

billion fundraising , Tesla Motors has paid off the entire loan awarded to the company by the US Department of Energy in 2010. In 2010, Tesla was awarded a milestone-based loan, requiring matching private capital obtained via public offering, by the DOE as part of the Advanced Technology Vehicle Manufacturing (ATVM) program.

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Nissan Leaf’s phaseout might be good for the Japanese automaker: Opinion

Teslarati

According to Automotive News’ sources, Nissan plans to retire its all-electric Leaf model and replace it with a different battery electric vehicle to compete with the more tech-savvy EVs in the market. The Texas-based EV maker showed the auto industry that customers could grow to like—and even love—battery electric vehicles.

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Nissan and Honda confirm new EV partnership as they look to play catch up with Tesla, BYD

Baua Electric

They may also collaborate on a new shared EV platform. The new partnership comes as both automakers (and the Japanese auto industry) quickly fell behind EV leaders like Tesla and BYD. With EV sales surging, China topped Japan to become the leading auto export nation for the first time last year.

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US Transportation Secretary LaHood issues “Blueprint for Ending Distracted Driving”; $2.4M for California, Delaware pilot projects

Green Car Congress

Challenges the auto industry to adopt new and future guidelines for technology to reduce the potential for distraction on devices built or brought into vehicles. Partners with driver education professionals to incorporate new curriculum materials to educate novice drivers of driver distraction and its consequences.

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Automakers in Brazil Hit 10M Flex-Fuel Vehicle Mark; Brazilian Sugarcane Association Urges Global Dissemination

Green Car Congress

The Brazilian Sugarcane Industry Association (UNICA) represents the top producers of sugar and ethanol in the country’s South-Central region, especially the state of Sao Paulo, which accounts for about 50% of the country’s sugarcane harvest and 60% of total ethanol production. Brazil Flex-Fuel January 2010 Quick Stats.

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