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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

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General Motors to Move from Long-Running Detroit HQ Into a New Location Across Town

The Truth About Cars

General Motors recently announced a move from the Renaissance Center (RenCen), the building it purchased in 1996, to a new location at the Hudson’s Detroit building further north. He did say that GM’s executives and corporate offices, including finance, legal, and other departments would make the move.

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Valeo acquires electric supercharger business from Controlled Power

Green Car Congress

Unlike exhaust-driven turbochargers, electric superchargers are driven by an electric motor. This technology, which leverages a switched reluctance motor with very low inertia, responds much more quickly than a conventional turbocharger. It also validates our approach to technology development, which we apply to all our products.

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Earth Day 2024: each day is about reducing emissions | Autocar Professional

Baua Electric

Corporations and governments use it to make pledges and announce sustainability measures. And the automotive industry too is doing its bit to ensure green motoring. Industry belched out smoke and sludge with little fear of legal consequences or bad press. The cost of fossil-fuelled motoring, is going only one way – up.

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Visteon Files for Chapter 11 Reorganization in United States

Green Car Congress

Global automotive supplier Visteon Corporation and certain of its US subsidiaries voluntarily filed petitions for relief under Chapter 11 of the US Bankruptcy Code. Ford Motor Company has executed a commitment letter to support debtor-in-possession financing for Visteon’s restructuring efforts and to ensure long-term continuity of supply.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

The economic impact of a General Motors or Chrysler bankruptcy is being debated across the country. According to Marcero, who is part of the firm’s Corporate Advisory and Restructuring Services team based in Southfield, Mich., This would help automakers identify and support the most viable companies. The Role of Banks. Laura Marcero.

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Investigation Faults Ford Battery Supply Over National Security Issues

The Truth About Cars

& "Beyond legal requirements, Ford suppliers are required to meet our high standards and codes of conducts, including those to protect human rights, and are obligated to extend those requirements to suppliers with whom they might work," a Ford spokesperson stated. Image: Ford Motor Co.] & That’s not to give Ford a pass here.

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