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The autoindustry came very near to the precipice in 2009, and it agreed to significant new regulations to enable it to step back from the brink. Now, it turns out that it''s not only meeting, but actually beating, the required reductions in emissions. That means that, according to the U.S.
The autoindustry in principle is not opposed to the introduction of such mid-level blends (i.e., Mid-Level Blend Ethanol: Challenges, Opportunities & Testing Follow Through (Joint IEPR and Transportation Committee Workshop on Transportation Fuel Infrastructure Issues, April 2009). Earlier post.) Earlier post.).
autoindustry was the world's largest. That ended in 2009, when China's sales of 13.5 For a century, the U.S. million new vehicles surpassed a recession-slammed U.S. total of 10.4 Last year, U.S. drivers bought 17.5 million new vehicles—against more than 30 million sales in China. DON'T MISS: Why China will beat U.S.
In a letter to Senator Feinstein dated September 23, Administrator Jackson stated EPA’s interpretation that the Murkowski amendment as filed would “make it impossible for the Environmental Protection Agency to promulgate the light-duty vehicle greenhouse-gas emissions standards that the agency proposed on September 15, 2009.”.
GM was the first company in the Brazilian autoindustry to provide 100% of its spark-ignited vehicles as flex-fuel. The company announced a new investment of $2 billion in July 2009 to launch a new family of vehicles, due in 2012, and expand its production capacity. GM began doing business in Brazil in 1925.
Based on the results of the study, CAR believes the economic risk to the autoindustry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.
The European automotive industry is key to the EU economy, employing 12 million workers directly and indirectly—6% of the employed population in the European Union. The industry has been badly hit by the global economic crisis, and has seen a significant drop in demand during the last quarter of 2008 and the first of 2009.
The Intellectual Property Owners Education Foundation is awarding the inventors of the Ford-patented Plasma Transferred Wire Arc (PTWA) technology used to apply coatings on engine cylinder bores the 2009 National Inventor of the Year Award. Ford presented a paper on PTWA at the SAE 2008 World Congress. Earlier post. ).
HySUT was founded in July 2009 with the aim of establishing hydrogen supply infrastructure and to improve hydrogen business environment. HySUT today has 18 companies/associations (including autoindustry) carrying on the phase 1 (FY2009-2010) and the phase 2 (FY2011-2015) studies under the name of HySUT.
At the end of 2009, Beijing announced a target of increasing the share of electric cars in overall domestic production to 10% in 2015. One is the tough new fuel economy rules the US administration of President Barack Obama will introduce in 2012.The
While last year it appeared that the autoindustry as a whole would shift to R-1234yf, in September 2012, Daimler said that internal testing had identified safety (flammability) issues under certain conditions, and that it would not use R-1234yf in its products. With a GWP (Global Warming Potential) value of 1, R744 is 99.3%
Chinese domestic auto makers were expected to produce and sell more than 8 million units of vehicles in first eight months this year respectively, said Chen Bin, director of the Department of Industry under the NDRC. Sales of China’s domestically-made automobiles totaled 1.09 million units in July, up 63.57
China has dominated the global autoindustry since 2009 and now manufactures over three times the number of automobiles as the U.S. autoindustry is currently the second largest in the world. The future of the autoindustry is up for grabs, but the future of the autoindustry is electric.
Government ownership of GM stock was the result of the autoindustry rescue that began under President George W. Bush in 2008 and which was expanded by President Barack Obama in 2009.
Skalny and TARDEC are leveraging synergies between the autoindustry, the commercial truck business and the federal government to improve the DOD’s fleet fuel economy without sacrificing soldier safety. —Bill Cooke.
The Department first offered loans to Tesla and other auto manufacturers in June 2009, when car companies couldn’t get other financing and many people questioned whether the industry would survive. This is another important contribution to what the Obama Administration has done to preserve and promote America’s autoindustry.
While hybrid rebates help governments to appear environmentally progressive, Chandra suggests that some programs may serve as de facto bailouts for the North American autoindustry. Ambarish Chandra, Sumeet Gulati, and Milind Kandlikary (2009) Green Drivers or Free Riders? Chandra et al.
Cadillac included the Converj concept car at the 2009 North American International Auto Show. Cadillac needs as much excitement in its portfolio as possible, so I think it’s a good strategy for them,” said Rebecca Lindland, director of autoindustry research at IHS Global Insight in Lexington, Mass. Earlier post.)
Since first partnering with A123 in 2009, we have seen increasing interest in A123’s advanced lithium ion battery technology for transportation and other applications. We believe that expanding our partnership enables IHI to address this growing market opportunity by commercializing innovative solutions powered by A123’s batteries.
annually prior to the economic and autoindustry meltdown in late 2008. months from the same period in 2009. According to Polk, the average length of new vehicle ownership increased an average of 3.7% Since that time, average length of ownership of new vehicles has increased more than 14%, with no signs of slowing down.
A first wave occurred in the 1990s, followed by a spate of current schemes to stimulate domestic autoindustries in the face of the economic crisis. Alexander Allan, Rachel Carpenter and Geoff Morrison (2009) Abating Greenhouse Gas Emissions through Cash-for-Clunker Programs ( UCD-ITS-RR-09-26 ). Allan et al.
It will help build a customer base and begin laying the foundation for American leadership in the growing electric vehicles industry. This is part of a sustained effort to develop and commercialize technologies that will be broadly deployed throughout the American autoindustry. Energy Secretary Steven Chu.
Further, according to the latest IHS Markit forecasts, the global autoindustry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 during the global recession in 2008/2009. million units.
The 2011 KPMG survey also finds the autoindustry heavily investing in future technology, new products and safety improvements. When asked to predict global market share winners over the next five years, Ford jumped to 43% seeing market share gains compared with 29% in 2010 and 13% in 2009. Investments. in 2010.
Focus RS, which builds on a pedigree of driving excellence dating to the first Ford RS in 1968, was last introduced in 2009. Performance vehicle sales are growing around the world—sales are up 70% in the United States and 14% in Europe since 2009. —Raj Nair, Ford group vice president, Global Product Development.
Hyundai Mobis has operated a manufacturing facility with almost 1,200 employees in West Point since 2009 as the largest Tier 1 supplier to Kia Georgia. Hyundai Mobis’ investment project in Bryan County reflects an acceleration in the development of the EV supply chain in Georgia’s autoindustry.
The Tata Nano website recorded 30 million hits from the date of launch of the car to the closure of the booking period (25 April, 2009), nearly 1 million hits a day. About 4,000 cash bookings were made online through www.tatanano.com, a first for the autoindustry in India. Earlier post.).
The pent-up demand from the 2007-2009 Great Recession, and record 2015 and 2016 sales, has been largely satisfied. Even so, current auto sales and profits remain strong. Fuel economy standards drive innovation in the advanced technologies that will enable the domestic industry to thrive in this era of disruption.
This represents one of the highest annual increases the US autoindustry has seen since IHS Markit began tracking VIO growth—second only to the 2.3% There is simply a lack of 2008 and 2009 model year vehicles due to the lower sales numbers during that timeframe. million (2.2%) since 2018. growth in 2016.
s remaining brakes and suspension businesses—the most high-profile acquisition yet by the Chinese in the US autoindustry. The Chinese auto supplier Tempo Group, which has its US research and development operations in Canton, will acquire a 24% stake in the Delphi businesses. China’s Capital Iron & Steel Co.
The Worldwide Fuel Charter (WWFC), originally drafted in 1998, details quality specifications for fuels recommended by the world autoindustry. Together with three other industry associations from America and Europe, JAMA drafted up the WWFC specifications as well as the ‘WWFC Bio-fuels Guidelines’. Specifications.
They’re already being well received by the autoindustry and I’m confident they will be adopted for a range of vehicles by manufacturers around the world. In March 2009, Boston-Power became the first US-based firm to provide batteries to a Tier One notebook PC vendor: HP. —Bob Purcell. Click to enlarge.
Higher performance drivelines with less rotating mass are a key element in autoindustry CO 2 reduction strategies. GKN pioneered the highly-efficient CounterTrack principal on fixed joints starting in 2009 and the VL3 joint further builds on this success.
rapidly weakening worldwide economy causes the global auto market to collapse, much as it. did in 2009, resulting in a significant decline in vehicle production, Fitch could switch the rating to Negative. Fitch estimates that the break-even industry sales level for the Detroit Three and major parts suppliers is now about 10.5
In the report, Gomes noted that the autoindustry will also add to economic growth in Latin America. The first-quarter jump in Canadian assemblies will be the largest since mid-2009, when the global economic recovery was in its infancy.
Ener1 said that customer interest in its lithium-ion batteries from all segments remained strong in spite of distress the autoindustry and current recessionary economic conditions. Net loss in 2008 was $43 million, compared to a loss of $51.7 million in 2007. In addition to the contract with Think for the Th!nk
and Springboro, Ohio, was acquired by SB LiMotive in 2009. The focus of the project is to produce high-energy density cells and packs for electric vehicle applications to increase the current state-of-the-art battery-pack density by 50% in a three-year period. Cobasys, with two sites in Orion, Mich.,
Terrafugia will also benefit from the Geely Group’s significant expertise and track record of innovation within the global autoindustry. Under the terms of the agreement, Terrafugia will remain domiciled and headquartered in the US, and continue to focus on its existing mission of developing flying cars.
million (2.1%) since last year and the highest annual increase the autoindustry has seen in the US since IHS began tracking VIO growth. Registrations for light VIO in the US also reached a record level of 257,900,000—an increase of more than 5.3 percent of the fleet.
Search engine giant Google is looking for partners within in the autoindustry to help launch one of the most significant applications of artificial technology over the next several years, the self-driving car. In 2009, Levandowski used an autonomous vehicle to deliver a pizza through the streets of San Francisco. by Bill Cooke.
The DOE offered Fisker Automotive a $529 million loan in 2009 as part of the department’s Advanced Technology Vehicles Manufacturing (ATVM) loan program. The program backs automotive companies that offer both green energy initiatives, such as increased fuel efficiency, and new autoindustry jobs in the United States.
Power Air Corporation had earlier secured a license; that license agreement terminated in November 2009. ZAI is the second company to license the LLNL ZAFC technology. Power Air says it is moving ahead with its own ZAFC design. In truth, new technology often matures in fits and starts over decades.
Cischke cited the recent agreement on one national standard for fuel economy and greenhouse gas emissions regulations as an example of how the government, the autoindustry and the environmental community can work together toward common goals. annual increase to 2015; and meeting China’s 2004-2009 target requires a 5.3%
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