Inside the Industry

Crate engine auction pumps $67,000 into Heart Association

(February 27, 2011) DETROIT — GM Performance Parts (GMPP) presented the American Heart Association with the proceeds from the auction of the first production LSX454R crate engine last week at the Go Red for Women Luncheon at the MGM Grand Detroit.

Ford Focus suppliers adding jobs in 22 countries

(February 26, 2011) DEARBORN, Mich. — As the all-new Ford Focus gets set to hit dealer showrooms across Europe and North America, Ford’s global supply network is expanding to meet the needs of the vehicle’s international launch.

Of the 310 suppliers in 22 countries making parts for the new Focus, many are adding jobs, facilities and equipment in local communities to produce the vehicle.

Toyota to add transmission capacity to West Virginia plant

(February 25, 2011) BUFFALO, W.Va. (PRNewswire) —Toyota announced today it will add 6-speed automatic transmission capacity at its plant in Buffalo. The $64 million investment will create approximately 40 new jobs in West Virginia. 

Daimler fuel cell world tour begins journey across U.S.

(February 25, 2011) FORT LAUDERDALE, Fla. — The Mercedes-Benz F-CELL World Drive embarked on the second leg — the North American segment — of its tour of the world today with three B-Class F-CELL hydrogen vehicles leaving Fort Lauderdale for New Orleans.

In total, the vehicles will be covering around 4,660 miles in the U.S. and Canada, after which they will leave via Seattle to continue their journey to Australia.

Robonaut 2 begins first mission on board Discovery

(February 25, 2011) About 264 miles above the Earth, Robonaut 2, the dexterous humanoid robot developed by General Motors and the NASA Johnson Space Center, has finally begun its first mission.

R2 has been packed aboard the space shuttle orbiter Discovery since fall 2010 and was originally scheduled to go into space in early November. The final launch of Discovery on Thursday was delayed by a combination of weather and technical issues with the orbiter.

Volvo wants to double global sales to 800,000 in 10 years

(February 25, 2011) Volvo Cars plans to invest as much as $11 billion worldwide over the next five years to tap rising demand in markets including China.

Volvo, the Swedish automaker acquired by China's Zhejiang Geely Holding Group,  is also working to win government orders and is considering making cars in China for export, CEO Stefan Jacoby said Friday in an interview in Beijing, Bloomberg News reported.

Chevy Cruze hatchback to be unveiled in Geneva

(February 25, 2011) Chevrolet will pull the wraps off the Cruze hatchback at the Geneva Motor Show next week.

The newcomer will draw styling influences from the Cruze hatchback concept previewed at the Paris Motor Show last September, which achieved plenty of praise from show goers and industry commentators alike.

Audi Q5 and Q7 named 'best bets' by auto safety book

(February 24, 2011) HERNDON, Va. (PRNewswire) — Audi announced today that the Audi Q5 and Q7 have been chosen as The Car Book's 2011 BEST BETS for the American car buyer this year.  The Car Book 2011 is published with the Center for Auto Safety, the nation's leading auto safety advocacy group, and is based on objective information collected from the government and independent sources.

Toyota to recall over 2 million vehicles over floor mat concerns

(February 24, 2011) Toyota said today it will recall 2.17 million Toyota and Lexus vehicles in the United States to inspect and repair accelerator pedals that may get trapped in floor mats or carpeting.

The automaker said more than half of the recalled vehicles — 1.54 million units — are being added to a giant 2009 recall to inspect and repair accelerator pedals that may get trapped in floor mats.

Spyker selling sports car business to concentrate on Saab brand

(February 24, 2011) Spyker Cars said today it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov.

Spyker, which bought Saab from General Motors a year ago, said it has signed a memorandum of understanding to sell Spyker's assets to UK holding company CPP Global Holdings, which is owned by Antonov.