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Found 17 results

  1. Raj Nair, Ford’s President of North America has left the company effective immediately after an internal investigation revealed behavior that was "inconsistent with the company's code of conduct." “We made this decision after a thorough review and careful consideration. Ford is deeply committed to providing and nurturing a safe and respectful culture and we expect our leaders to fully uphold these values,” said Ford President and CEO Jim Hackett in a statement. The Detroit News reports the investigation stemmed from an anonymous complaint accusing Nair of unspecified beha
  2. Raj Nair, Ford’s President of North America has left the company effective immediately after an internal investigation revealed behavior that was "inconsistent with the company's code of conduct." “We made this decision after a thorough review and careful consideration. Ford is deeply committed to providing and nurturing a safe and respectful culture and we expect our leaders to fully uphold these values,” said Ford President and CEO Jim Hackett in a statement. The Detroit News reports the investigation stemmed from an anonymous complaint accusing Nair of unspecified beha
  3. Members of Germany's government have passed a resolution that could mean the end of gas and diesel vehicles. German newspaper Der Spiegel reports that the Germany's legislative body, the Bundesrat (represents all sixteen states in the country) passed a resolution to ban the sale of gas and diesel engines in 2030. After that, only zero-emission vehicles will be allowed to be built. The resolution also calls on the European Union to follow in their footsteps. But the Bundesrat doesn't have any direct authority over the EU. However, Forbes points out that Germany has the largest government
  4. Members of Germany's government have passed a resolution that could mean the end of gas and diesel vehicles. German newspaper Der Spiegel reports that the Germany's legislative body, the Bundesrat (represents all sixteen states in the country) passed a resolution to ban the sale of gas and diesel engines in 2030. After that, only zero-emission vehicles will be allowed to be built. The resolution also calls on the European Union to follow in their footsteps. But the Bundesrat doesn't have any direct authority over the EU. However, Forbes points out that Germany has the largest government
  5. It came as a shock to many when Volkswagen admitted that it used illegal software to cheat emission tests with their diesel. But there was one group that wasn't surprised, automakers. Kent Falck, a future product specialist at Volvo said a recent event that many automakers were very suspicious of Volkswagen's emission results with their TDI engines. Falck explained that many were puzzled as to how Volkswagen was able to achieve lower emissions despite using the same suppliers as other automakers. “We have the same suppliers, we have Bosch, we have Denso, we are working with the same pa
  6. It came as a shock to many when Volkswagen admitted that it used illegal software to cheat emission tests with their diesel. But there was one group that wasn't surprised, automakers. Kent Falck, a future product specialist at Volvo said a recent event that many automakers were very suspicious of Volkswagen's emission results with their TDI engines. Falck explained that many were puzzled as to how Volkswagen was able to achieve lower emissions despite using the same suppliers as other automakers. “We have the same suppliers, we have Bosch, we have Denso, we are working with the same pa
  7. The good news is that consumers are visiting the gas station less. The bad news is that consumers are spending more at the pump. Wait, those two sentences contradict each other. Which one is true? According to the Energy Information Administration (EIA), both of these sentences are correct. Let us explain. As new fuel economy and emission regulations come into effect, automakers are trying to figure out ways to make that gallon of gas go farther. One method that a number of automakers are using is turbochargers. They allow automakers to use smaller displacement engines to improve fuel econ
  8. The good news is that consumers are visiting the gas station less. The bad news is that consumers are spending more at the pump. Wait, those two sentences contradict each other. Which one is true? According to the Energy Information Administration (EIA), both of these sentences are correct. Let us explain. As new fuel economy and emission regulations come into effect, automakers are trying to figure out ways to make that gallon of gas go farther. One method that a number of automakers are using is turbochargers. They allow automakers to use smaller displacement engines to improve fuel econ
  9. Jeep has always been the most important part of Chrysler. But now its an important part of new car sales in general. Automotive News has been crunching the numbers and has figured out that in the past eleven months, automakers have sold around 780,000 more vehicles than at this same time last year. Out of that, one out of every four was a Jeep. Jeep has been having a remarkable 2014. The brand has seen its sales sales climb 44 percent in the past year. Brand loyalty has also been rising, with Jeep posting a increase of 16 percent. That puts it right behind Maserati and Mitsubishi according to
  10. Jeep has always been the most important part of Chrysler. But now its an important part of new car sales in general. Automotive News has been crunching the numbers and has figured out that in the past eleven months, automakers have sold around 780,000 more vehicles than at this same time last year. Out of that, one out of every four was a Jeep. Jeep has been having a remarkable 2014. The brand has seen its sales sales climb 44 percent in the past year. Brand loyalty has also been rising, with Jeep posting a increase of 16 percent. That puts it right behind Maserati and Mitsubishi according to
  11. Downing of Flight MH17, Who is REALLY to BLAME? Editorial G. David Felt Staff Writer Alternative Energy www.CheersandGears.com The downing of Malaysia flight MH17, delays in access to the crash site, and shipment home of the deceased has many thinking about what could have been done to avoid it this tragedy. Another question to ask is what are the rebels trying to hide? The delay in allowing inspectors to the crash site along with the delay in collecting the bodies all while the rebels based on various news sources with cell phone pictures and cell phone videos showing rebels remov
  12. A new study finds that General Motors is dead last when it comes to relationships with suppliers. Automotive consultant group Planning Perspectives Inc (PPI), released the results of their annual study which asks the biggest suppliers to rate the six automakers who sell more than 85 percent of vehicles in the U.S. Suppliers rated GM low in many key areas such as communication skills, protection of intellectual property, unwillingness to adjust prices due to unforeseen increases, and overall trustworthiness. "As a result, GM is now the least preferred customer of suppliers," PPI said. Source
  13. A new study finds that General Motors is dead last when it comes to relationships with suppliers. Automotive consultant group Planning Perspectives Inc (PPI), released the results of their annual study which asks the biggest suppliers to rate the six automakers who sell more than 85 percent of vehicles in the U.S. Suppliers rated GM low in many key areas such as communication skills, protection of intellectual property, unwillingness to adjust prices due to unforeseen increases, and overall trustworthiness. "As a result, GM is now the least preferred customer of suppliers," PPI said. Source
  14. William Maley Staff Writer - CheersandGears.com October 30, 2013 The U.S. Treasury's sell off of General Motors stock isn't faring so well. According to a new report from The Detroit News, the U.S. Treasury has reported a $9.7 billion loss on the $49.5 billion bailout of GM back in 2009. This figure comes from the quarterly report from the Special Inspector General of the Troubled Asset Relief Program to Congress. The U.S. Treasury original stake in GM back in 2009 was around 60.8 percent. Since that time, the Treasury has been selling off shares in a effort to make back some of the funds
  15. William Maley Staff Writer - CheersandGears.com October 30, 2013 The U.S. Treasury's sell off of General Motors stock isn't faring so well. According to a new report from The Detroit News, the U.S. Treasury has reported a $9.7 billion loss on the $49.5 billion bailout of GM back in 2009. This figure comes from the quarterly report from the Special Inspector General of the Troubled Asset Relief Program to Congress. The U.S. Treasury original stake in GM back in 2009 was around 60.8 percent. Since that time, the Treasury has been selling off shares in a effort to make back some of the funds
  16. By William Maley Staff Writer - CheersandGears.com May 10, 2013 While the midsize sedan market as a whole remains the single largest segment in the U.S., sales of the Honda Accord and Toyota Camry are shrinking due to the rise of crossovers. "While the segment is still growing year-over-year, it's nowhere near what it was growing last year as the industry was launching a lot of new midsize cars," said Bill Fay, the U.S. head of the Toyota brand. The rise of crossovers are being fueled by their practicalness, ability to get in and out much easier, and improved fuel economy. The price gap b
  17. By William Maley Staff Writer - CheersandGears.com May 10, 2013 While the midsize sedan market as a whole remains the single largest segment in the U.S., sales of the Honda Accord and Toyota Camry are shrinking due to the rise of crossovers. "While the segment is still growing year-over-year, it's nowhere near what it was growing last year as the industry was launching a lot of new midsize cars," said Bill Fay, the U.S. head of the Toyota brand. The rise of crossovers are being fueled by their practicalness, ability to get in and out much easier, and improved fuel economy. The price gap b

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