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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. Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations.

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US Treasury To Provide Up To $5B in Financing For Auto Supplier Support

Green Car Congress

While the President’s Task Force on the Auto Industry continues to review restructuring plans submitted by General Motors and Chrysler, the US Department of the Treasury announced an Auto Supplier Support Program that will provide up to $5 billion in financing to US-based suppliers.

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Minda Corporation, Pricol to present arguments to CCI over stake acquisition | Autocar Professional

Baua Electric

The move was labelled a “hostile takeover” by many in the auto industry, setting the stage for a potential battle before the antitrust regulator. Publicly available data suggests that Pricol currently holds over 50% market share in cluster parts, making this a crucial factor in the CCI’s decision-making process.

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Volkswagen & Audi to pay >$14.7B in US to settle 2.0L diesel emissions case; $2B of that to promote ZEVs

Green Car Congress

The proposed consumer settlement was filed in the Northern District of California as part of the multidistrict litigation currently being overseen by Judge Charles M. If approved by the Court, this will be the largest consumer auto industry class action settlement in US history. For example, most owners who purchased a 2.0-liter

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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

Green Car Congress

As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. Ener1 purchased $21.3 Overall, Ener1 reported 2008 revenues of $6.8

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CMU study finds that HEVs and PHEVs with small battery packs offer more emissions and oil displacement benefits per dollar spent than large pack PHEVs and BEVs; policy implications

Green Car Congress

This fact is due in large part to SO 2 and GHG emissions from coal-fired power plants.Although the costs of damages from vehicle-associated emissions are significant, the damage reductions that can be gained through electrification are small compared to the total cost of owning and operating a vehicle. are also substantial. Click to enlarge.

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EAA National Board nominations from across North America

Electric Auto Association

Test rides most always evoke a comment of future EV purchase. He has spent the better part of the last decade developing EV pilot projects, leading clean transportation research, and evaluating EV programs. Writing a grant to fund the expansion of 15 Level 2 community chargers within the city of Las Cruces, New Mexico.