Remove Auto Industry Remove Detroit Remove Financing Remove Purchase
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Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units

Green Car Congress

This growth will be driven largely by modestly improving economic conditions and pent-up demand pressure, with the latter resulting from consumers putting off car purchases over the past several years. vehicle age in the US nears 11 years, an increasing number of drivers can no longer delay a vehicle purchase. As the average.

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Ford CEO: Ford to focus on 5 key areas of innovation: mobility, autonomy, connectivity, customer experience and performance

Green Car Congress

and Verizon Telematics, were supporting the launch of “Techstars Mobility, driven by Detroit”—a startup business accelerator program sited in downtown Detroit. In the United States, more than 65% of ST customers come from outside the Ford brand, and more than 50% of Ford performance vehicle owners’ next vehicle purchase is a Ford.

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GM Working with Communities to Develop Roadmap For Plug-in Infrastructure

Green Car Congress

Eliminate state sales tax on vehicle purchase; Commit/fund government fleet purchases (200 vehicles). Provide incentives for vehicle purchasers (see above - $2,500/16 kWh vehicle) and charging equipment and installation (see above - up to $3,000/home; $30,000/other site with 10 charging ports). City and County Governments.

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A 100 m.p.g. truck? A Bright IDEA | Freep.com | Detroit Free Press

Tony Karrer Delicious EVdriven

Three years ago, the magazine Popular Mechanics even wrote an article prodding the auto industry for not building the 100 m.p.g. 2 of 3) Driven by Detroit This strategic decision is part of what makes Bright different from the other startups offering to retrofit hybrid cars or to sell plug-ins. car Because unlike the 100 m.p.g.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry.

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One way or another, Fisker Automotive may soon be off the market

Green Car Congress

The purchase funds for Fisker would in theory go directly to the DOE since the government agency loaned the auto company a large sum of money before it stopped production more than a year ago. On 18 September, the Detroit News reported that Sen. Earlier post.) Thune wants to end ATVM program. John Thune, R-S.D., Last month, U.S.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

Lutz, who retired earlier this year, called the car Detroits "moon shot" and an attempt to wrest the mantle of innovation back from the Japanese. Ill never purchase one again, no matter what the mpgs. AND the Detroit car companies were laughing. guess who GM sold the NIHM auto-battery patents too. thats right.

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