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March 01, 2010
Signs Of Recovery In Vehicle Market
BMI Middle East and Africa Automotive Insights, March 1, 2010
 Production And Sales As elsewhere in the region the Egyptian auto market has been hit hard by the global economic recession. But the latest figures suggest that the beginning of a recovery may be under way. Passenger car sales posted a 25% y-o-y increase in October 2009, according to data from the Automotive Marketing Information Council (AMIC). The jump is widely viewed as a reflection of improving consumer sentiment. Car sales climbed to 16,212 units during the month. Despite H109 sales...
February 14, 2010
ELECTRIC DRIVE TRANSPORTATION ASSOCIATION; EDTA Promotes Action Plan to 'Fast Track' Electric Drive Future
Resource Week, February 14, 2010
  The Electric Drive Transportation Association (EDTA) today outlined an action plan for Congress and the Obama Administration to build on their historic commitment to electric vehicle technology and accelerate the growth of hybrid, plug-in, battery and fuel cell vehicles in theU.S
February 09, 2010
Ford Transit Connect Electric Commercial Van Helps Fleet Customers Go Completely Gas-Free
PR Newswire, February 9, 2010 Tuesday 12:01 AM EST
 CHICAGO, Feb. 9 /PRNewswire-FirstCall/ --Ford Transit Connect Electric, a pure electric-powered version of the award-winning Transit Connect small van, goes into production in late 2010Ford is collaborating with Azure Dynamics Corporation to upfit the Transit Connect Electric with Azure's Force Drive(TM) battery electric powertrain and Johnson Controls-Saft's advanced lithium-ion battery technologyTransit Connect Electric is the first product in Ford's accelerated electrified vehicle plan, and...
GKN DRIVELINE; GKN Driveline Continues to Expand in Asia Pacific
India Business Newsweekly, February 9, 2010
  GKN Driveline is expanding its operations in the Asia Pacific region with new production facilities, technology centers and the introduction of technology for low-cost vehicles.  The company's recently opened plant near Chennai, India, now supplies nearly 1.2 million sideshafts for automakers in India. The facility is scheduled for further expansion within the next 12 months. GKN Driveline currently employs more than 800 people at three manufacturing plants inIndia
Global Business News Alert - Air Finance
AirGuideBusiness.com, February 09, 2010
 New York (AirGuideBusiness - Global Air Finance News Alert) Feb 10, 2010 Ann Arbor Municipal Airport City council in Michigan votes against airport expansion. The proposed 800-foot runway expansion at the Ann Arbor Municipal Airport in Ann Arbor, Mich., has led to opposition by some airport neighbors. "The margin of recovery if anything goes wrong is so small that eventually one of these planes is going to end up in someone's living room," said resident Andy McGill. The Ann Arbor City Council...
February 08, 2010
AxleTech International Launches Aftermarket Headquarters and Distribution Operations in Troy
PR Newswire, February 8, 2010 Monday 10:00 AM EST
 TROY, Mich., Feb. 8 /PRNewswire/ -- AxleTech International, a General Dynamics company, began operations today at a new state-of-the-art headquarters and distribution center in Troy, Mich., to meet the growing needs of its commercial and military customers around the world. Staffed by 40 professionals who fulfill aftermarket orders, the new facility allows AxleTech to process requirements more efficiently and at the highest levels of customerservice
Balqon Calls Tractor's Cold Weather Testing Successful
Wireless News, February 8, 2010 Monday
 Balqon Corp., a developer and manufacturer of zero emissions heavy-duty electric vehicles for Class 7 and Class 8 applications, announced the successful completion of cold weather testing on its lithium-ion battery powered electric tractor, the NautilusXE20
Boeing 787 Leverages PPG Aerospace Transparencies, Coatings, Sealants
Travel & Leisure Close-Up, February 8, 2010 Monday
 PPG Industries' aerospace business said that a team of products made by its aerospace business for the Boeing 787 Dreamliner jet will simplify maintenance and reduce costs for airlines while enhancing the flying experience for crews and passengers who take to the skies aboard the world's newestjetliner
Global Business News Alert - Aerospace & Defense
AirGuideBusiness.com, February 08, 2010
 New York (AirGuideBusiness - Global Aerospace & Defense News Alert) Feb 8, 2010 Pentagon aviation plan calls for tripling long-endurance drones. The Pentagon's long-range aviation plan, delivered to Congress this week, calls for a tripling of the military's inventory of high-altitude, armed and unarmed long-endurance drones by 2020. The military currently has 220 of the unmanned aircraft, and the plan proposes 800. The long-endurance drones are capable of 24-hour patrols, offering ground...
Lockheed Martin
Orange County Register (California), February 8, 2010 Monday
 Lockheed Martin's Undersea Systems division is closing a ballistic missile valve plant in Irvine this year and will lay off 42 workers, a company spokesman hasconfirmed
Nokia to ax 285 jobs in Finland
Associated Press Financial Wire, February 8, 2010 Monday 12:06 PM GMT
 Nokia Corp. said Monday it will lay off 285 people in Finland, as the world's largest mobile phone maker strives to cut costs and streamlineoperations
Pratt & Whitney Rocketdyne's Space Shuttle Main Engines Power Delivery of Robotic Control Station and Module
PR Newswire, February 8, 2010 Monday 12:05 PM EST
 CANOGA PARK, Calif., Feb. 8 /PRNewswire/ -- Three Pratt & Whitney Rocketdyne Space Shuttle Main Engines (SSME) today successfully powered the launch of Space Shuttle Endeavour on Mission STS-130 to deliver a third connecting module and a seven-windowed cupola to the International Space Station. The SSME is the only fully reusable high-performance rocket engine rated for human space flight. Pratt & Whitney Rocketdyne is a United Technologies Corp. (NYSE: UTX)company
Staff of Fiat Auto Poland Obtain Pay Rise
Polish News Bulletin, February 8, 2010 Monday
 The trade unions in Fiat Auto Poland have concluded their protest, after they came to agreement with the board of the company. The employees will obtain a ZL300 salary rise and ZL1,900 annual bonus for 2009; they will also obtain an extra ZL50 for working on Saturday and an extra day off for overtime work. Trade unions admit that the expectations of staff were not fully met, but claim that it was the maximum that could be offered, considering current economic conditions. Meanwhile, Fiat is...
Team K-MAX Demonstrates Successful Unmanned Helicopter Cargo Resupply to U.S. Marine Corps
PR Newswire, February 8, 2010 Monday 10:07 AM EST
 DUGWAY, Utah, Feb. 8 /PRNewswire-FirstCall/ -- Lockheed Martin Corporation (NYSE: LMT) and Kaman Aerospace Corporation, a subsidiary of Kaman Corporation (Nasdaq: KAMN) have successfully demonstrated to the U.S. Marine Corps the capability of the Unmanned K-MAX® helicopter to resupply troops by unmanned helicopter at forward operating bases in Afghanistan. During a series of flights last week in subfreezing temperatures at the U.S. Army's Dugway Proving Ground, UT, the Unmanned K-MAX...
February 07, 2010
ALCOA; REPEAT/Alcoa Defense Hails the Commissioning of New Aluminum Navy Littoral Combat Ship
Transportation Business Journal, February 7, 2010
  Alcoa Defense, the defense industry's leading supplier of aluminum, titanium and other light alloys, today hailed the commissioning of the first General Dynamics Littoral Combat Ship (LCS), the USS Independence. Designed and built by a team led by General Dynamics and Austal USA in Mobile, AL, the ship's all-aluminum trimaran hull allows it to be faster and more agile than a conventional Navy ship. The ship's amahs, or side pontoons, provide buoyant support on each side of the vessel's center...
Hyundai's in the driver's seat now; South Korean car maker stands to gain the most as pedal problems put brakes on Toyota advance
The Toronto Star, February 7, 2010 Sunday
 The Indianapolis Colts are heavy favourites in today's Super Bowl contest. So is Hyundai Motor Co., the world's fastest-growing major automaker. Hyundai has booked six coveted ad spots for the event, viewed by 95 million Americans. Some of the ads star Minnesota Vikings quarterback Brett Favre and all are narrated by Oscar-nominee Jeff Bridges (Crazy Heart). The stakes are higher this year than in Hyundai's star turn in the same venues last year. The South Korean automaker, ranked fourth in the...
February 06, 2010
A Netscape moment?; Electric cars
The Economist, February 6, 2010
 Investors get out their chequebooks for electric-car start-ups THE idea of the "Netscape moment", a fund-raising that signals the spawning of a whole new industry, is dear to Silicon Valley types who think back fondly to the browser firm's spectacular initial public offering in 1995. So it was not surprising that in late January Shai Agassi, a former software entrepreneur, greeted a $350m investment in his company, Better Place, led by HSBC, in just those terms. Better Place, based in PaloAlto...
BAE finally shuts its doors
Knoxville News-Sentinel (Tennessee), February 6, 2010 Saturday
 BAE Systems kept its Grainger County plant open longer than expected, but Friday the defense contractor shuttered the factory for good. "We tried everything to keep it open, but in the end we had to close," said BAE spokeswoman JenniferRobinson
BAE to pay $450 million to settle bribery cases
The International Herald Tribune, February 6, 2010 Saturday
FULL TEXT BAE Systems, Europe's largest military contractor, has agreed to plead guilty to two criminal charges and pay nearly $450 million in penalties in the United States and Britain to end long-running investigations into questionable payments made to win contractsoverseas
CODA AUTOMOTIVE; CODA Automotive Taps Former GM North America Top Sales & Marketing Executive
Entertainment & Travel, February 6, 2010
  California-based manufacturer of electric car and battery systems, CODA Automotive, has hired Michael A. Jackson as senior vice president of global sales and distribution. With more than 25 years of sales and marketing experience with Fortune 500 companies, Jackson will be responsible for building CODA's innovative sales model in anticipation of a late 2010 introduction of the company's all-electriccar
NAVISTAR INTERNATIONAL CORPORATION; Navistar's Pure Power Technologies Acquires Holley EGR Valve Technology
Entertainment & Travel, February 6, 2010
  Navistar, Inc. has acquired from Holley Performance Products, Inc. certain assets including intellectual property rights to some of Holley's valve technology for diesel engine exhaust-gas recirculation systems. Pure Power Technologies LLC, a Navistar company, will manufacture the advanced EGR valve at its Blythewood, S.C., plant. Terms of the deal were notdisclosed
February 05, 2010
Extending S'pore's lead as Asia's aerospace hub; Republic accounts for a quarter of the Asia-Pacific market and has all the ingredients to maintain growth momentum, says EDB director Sia Kheng Yok. VEN SREENIVASAN reports
The Business Times Singapore, February 5, 2010 Friday
 ALTHOUGH Singapore's aerospace output was flat last year at $7 billion - after $7.1 billion in 2008 - the industry remains robust and ready to capitalise on the growth of Asia-Pacificaviation
Fast growth ahead for outsourcing: EADS
The Business Times Singapore, February 5, 2010 Friday
 EADS, the parent company of major commercial aircraft maker Airbus sees a trend towards more outsourcing work being done in the Asia-Pacific region and this will grow at a double digit pace from the 400 million euro spent in2008
Ports in line for turbines boost
Aberdeen Press and Journal, February 5, 2010 Friday
 SEVEN ports in the north and north-east have been earmarked to cash in on £20billion plans to build hundreds of wind turbines off the coast ofScotland
United States : Airbus, Boeing See Demand Slump Till 2012 on Slowdown
TendersInfo, February 5, 2010 Friday
 Airbus SAS and Boeing Co., the world s two biggest planemakers, expect a demand slump to continue for at least two more years as airlines pare growth following a record drop in air travel.
February 04, 2010
BOEING; Boeing, Etihad Airways, Honeywell and Masdar Institute to Establish the First Integrated, Sustainable Bioenergy Research Project for Aviation
Journal of Farming, February 4, 2010
  Boeing (NYSE:BA), the Masdar Institute of Science and Technology, Etihad Airways and Honeywell's UOP announced an agreement to establish a major research institution and demonstration project in Abu Dhabi dedicated to sustainable energy solutions. The Sustainable Bioenergy Research Project (SBRP) will use integrated saltwater agricultural systems to support the development and commercialization of biofuel sources for aviation and coproducts.  As part of its initial work statement, the SBRP...
Buell winds down the throttle <|> Liquidation sale is bittersweet for fans of motorcycle company
Milwaukee Journal Sentinel (Wisconsin), February 4, 2010 Thursday
 By RICK BARRETT  East Troy - They have come from as far as Germany to get Buell Motorcycle Co. memorabilia or tools from the factory.  One week into the Buell liquidation sale, hundreds of items already have been sold: motorcycles, trucks, trailers, factory tools, office equipment - even an American flag from the company lunchroom.  The buyer of the flag planned to frame it, said Clarissa Turner with Liquid Asset Partners, the Grand Rapids, Mich., company hired to manage the clearancesale
Fiat Automobili hires some 1,000 workers of Zastava.
Serbia Today, February 4, 2010 Thursday
 Fiat Automobili Srbija, a joint venture between Italian carmaker Fiat and Serbia signed contracts with 1,000 employees of Kragujevac's car maker Zastava Automobili. Fiat Automobili Srbija hired 880 workers for production jobs and 120 for managerial and administrative positions. Another 200 workers will be employed on a temporary basis. As recalled, Fiat Automobili Srbija took over Zastava's assets at the end of 2009, after Fiat made a EUR 98mn payment. The Italian car maker is already...
Grant Thornton LLP Says Global Platforms Will Dominate Vehicle Production in North America and Spur Supplier Dealmaking
PR Newswire, February 4, 2010 Thursday 12:00 PM EST
 DETROIT, Feb. 4 /PRNewswire/ -- Advisory firm says suppliers must position themselves in 2010 for change:By 2014, two-thirds of General Motors and Ford vehicles in North America will be built from global platforms, up from 10 percent today.Chrysler is following suit, but is off to a late start.Total North American production will be concentrated among four automakers, who collectively will account for 65 percent of vehicle output.Vehicle production will continue its southward migration. The...
Lockheed Martin Names Mathew Joyce Vice President And Program Manager For Ground-Based Midcourse Defense
ENP Newswire, February 4, 2010 Thursday
 HUNTSVILLE, Ala-Lockheed Martin (NYSE: LMT) Space Systems Company announced today that it has named Mathew 'Mat' J. Joyce vice president and program manager for Ground-Based Midcourse Defense (GMD). 'Lockheed Martin is committed to helping our Missile Defense Agency customer meet its objectives for GMD Development and Sustainment,' said Joanne M. Maguire, executive vice president, Lockheed Martin Space Systems Company. 'Mat Joyce brings the requisite experience and track record necessary to...
Prius brakes questioned; Toyota probe expands
Associated Press Financial Wire, February 4, 2010 Thursday 3:23 AM GMT
 Americans should park their recalled Toyotas unless driving to dealers for accelerator repairs, Transportation Secretary Ray LaHood warned Wednesday then quickly took it back as skepticism of company fixes grew and the government's probe expanded to other models in the U.S. and Japan. Questions now are being raised about the brakes on Toyota's marquee Prius hybrid. The Prius was not part of the most recent recall, but Japan's transport ministry ordered the company to investigate complaints of...
February 03, 2010
ATLAS COPCO; Atlas Copco Acquires Compressor Distributor in Louisiana, USA
Engineering Business Journal, February 3, 2010
  Atlas Copco Compressors LLC, USA, has purchased the compressor division of Premier Equipment Corporation, Inc. Premier Equipment has been a successful Atlas Copco compressor distributor for many years, serving the state ofLouisiana
Costly empty-property rates may put developers off the Bosch site; Speculative buyer would have to pay pounds 500,000 a year
The Western Mail, February 3, 2010 Wednesday
  PROHIBITIVE empty property rates could put potential property developers off investing in Bosch's site north of Cardiff, a property agent said last night.   Anthony Phillips, senior director of Cardiff agency BNP Paribas, argued that the Bosch complex is likely to be broken up for warehouse space when it is eventually sold off by the German company.   The site is one junction along the M4 from the proposed Junction 33 international business park development. Bosch has 200 acres of land at the...
DEFENSE SECRETARY GATES ANNOUNCES JOINT STRIKE FIGHTER PROGRAM SHAKEUP
US Fed News, February 3, 2010 Wednesday 1:28 PM EST
 WASHINGTON, Feb. 2 -- The U.S. Department of Defense's American Forces Information Service issued the following press release: Defense Secretary Robert M. Gates announced a restructuring in the F-35 Joint Strike Fighter office yesterday to provide increased oversight of a program he conceded has fallen behind in meeting key benchmarks. Video Gates also announced that he has withheld $614 million in performance fees from the lead contractor, Lockheed-Martin, "since the taxpayers should not have...
Honda recalls 3,240 City cars in Indonesia
Xinhua General News Service, February 3, 2010 Wednesday 1:17 AM EST
  The sole distributor of Honda vehicles in Indonesia, PT Honda Prospect Motor (HPM), announced on Tuesday a recall of 3,240 units of its City model over potentially faulty power window switches that could lead to driving hazards, a newspaper reported here Wednesday.
Honeywell sees growth coming from China
The Business Times Singapore, February 3, 2010 Wednesday
 PUTTING systems into new aircraft, regulatory changes in China and developing markets for China's aerospace products will be key growth drivers for HoneywellAerospace
Iran:Intel, Micron to announce world's densest flash memory
Right Vision News, February 3, 2010 Wednesday
 Pakistan, Feb. 03 -- Intel Corp. and Micron Technology Inc. on Monday was to plan to announce the world's first 25-nanometer NAND flash technology, which will make it possible to double the storage capacity of devices like smartphones, music and media players, and solid-state drives (SSD) without making the products themselves any bigger.Intel is currently shipping samples to equipment manufacturers of an 8GB NAND die created with its latest lithography.Lithography is the process of creating...
SIKORSKY AIRCRAFT CORP.; First S-70i Helicopter Nearing Completion at Sikorsky Facility in Poland
Defense & Aerospace Week, February 3, 2010
  The first S-70i(TM) BLACK HAWK helicopter, an international variant of the BLACK HAWK helicopter, is nearing completion on the assembly line at PZL Mielec, a Sikorsky Aircraft Corp. company in Poland. The progress of the first international BLACK HAWK variant signals the launch of a new helicopter in the Sikorsky product line. Sikorsky Aircraft is a subsidiary of United Technologies Corp.(NYSE:UTX)
Tesla Hires Toyota Manufacturing Expert; Gilbert Passin Will Serve as Vice President of Manufacturing for Leading Electric Vehicle Maker;
Business Wire, February 3, 2010 Wednesday 11:00 AM GMT
 Tesla Motors announced today that former Toyota production engineering general manager Gilbert Passin will lead Tesla's vehicle manufacturing operations. Passin brings 23 years of international automotive experience to Tesla. He has led some of the most high-profile divisions at Toyota, Volvo, Mack and projects at Renault across North America and Europe. Most recently, Passin served as general manager of production engineering for Toyota in North America.In spite of the recent recall, Toyota's...
February 02, 2010
Build up knowledge-based services: SIAEC
The Business Times Singapore, February 2, 2010 Tuesday
 SINGAPORE'S aerospace industry may be an Asian leader in maintenance, repair and overhaul (MRO), but it must now move into design, manufacturing and knowledge-based services, said an industry leaderyesterday
CANBERRA WELCOMES US ACTION ON JOINT STRIKE FIGHTER PROGRAM
Asia Pulse, February 2, 2010 Tuesday 5:21 PM EST
 The Joint Strike Fighter program is facing fresh drama with the Pentagon again withholding money from the makers of the stealth fighter jet. Australia will buy 14 of the jets from the United States and may purchase up to 100 in a bid to build four squadrons and maintain its regional airsuperiority
Ceramic Fuel Cells CFCL BlueGen Sale in The Netherlands
London Stock Exchange Aggregated Regulatory News Service (ARNS), February 2, 2010 Tuesday 7:00 AM GMT
  RNS Number : 5021G Ceramic Fuel Cells Limited 01 February 2010 2 February 2010 CERAMIC FUEL CELLS LIMITED CERAMIC FUEL CELLS' BLUEGEN SALE IN THE NETHERLANDS Ceramic Fuel Cells Limited (AIM/ASX: CFU), a leading developer of high efficiency and low emission electricity generation units for homes and other buildings, has received an order for its BlueGen power and heating unit from Kiwa Gas Technology in The Netherlands for delivery in Q2 2010. Kiwa Gas Technology provides services in the area...
For Manufacturing Simulation, Wii Devices Might be A Perfect Fit
Targeted News Service, February 2, 2010 Tuesday 1:14 AM EST
 The University of Missouri at Rolla issued the following news release: Ready to give up on that new year's resolution to get in shape? If so, don't sell your Wii Fit on eBay just yet. Dr. Ming Leu might have a use for it - or for the remote,anyway
Staff cuts expected as our F-111s grounded.
The Queensland Times (Ipswich, Australia), February 2, 2010
 TASMAN Aviation Enterprises (TAE) at Amberley faces laying off workers just over a year after it won a contract tipped to create 70 newjobs. TAE general manager Andrew Sanderson said a reduction in the company's workforce was linked to the retirement of the F-111 nextmonth
Stanley and Black & Decker Set March 12 for Shareholders Meetings on Combination
Business Wire, February 2, 2010 Tuesday 10:27 PM GMT
 The Stanley Works (NYSE: SWK) and The Black & Decker Corporation (NYSE: BDK) today announced that both companies will hold special shareholders meetings on March 12, 2010 to vote on the combination of their businesses to form a global diversified industrial leader. The joint proxy statement of both Stanley and Black & Decker is expected to be mailed to Stanley and Black & Decker shareholders commencing on or about February 4, 2010. Stanley shareholders who owned Stanley common stock at the...
Whirlpool 4th-quarter profit more than doubles
Associated Press Financial Wire, February 2, 2010 Tuesday 11:51 AM GMT
 Whirlpool Corp.'s cost-cutting and big sales gains in Asia and Latin America helped it more than double its fourth-quarter profit, the company saidTuesday
February 01, 2010
China Mobile Handset Production Topped 600mn In 2009
BMI Asia Pacific Telecommunications Insights, February 1, 2010
 Approximately 600mn mobile handsets were manufactured in China during 2009, according to research published by local consultancy AVC. This, it claims, is an increase of 7% from the 560mn produced in 2008. Significantly, though, AVC reports that 432mn Chinese-made phones were exported in 2009, up by more than 6.5% from the 403mn exported in 2008. This confirms China's status as the single largest producer of mobile phones in theworld
China's interests may limit sanctions on US firms
Associated Press Financial Wire, February 1, 2010 Monday 7:01 PM GMT
 China's threats to punish U.S. companies involved in a major arms sale to Taiwan are raising questions over whether Beijing could pull it off without undermining its own aviation industries. China has not said what sanctions it might impose to penalize the companies involved in building the arms for democratic-ruled Taiwan. But the roster of potential targets is an A-list of U.S. defense contractors, including Boeing Co., Lockheed Martin Corp. and Raytheon Co. The plan to sell $6.4 billion of...
CLEAN TECH: China leaps ahead in development
Greenwire, February 1, 2010 Monday
 China has become the world's largest manufacturer of wind turbines and solar panels over the past two years, and the United States is takingnotice
OSHKOSH CORPORATION; Oshkosh Corporation Funded to Research Stronger but Lighter Metals
Nanotechnology Weekly, February 1, 2010
  Oshkosh Corporation (NYSE:OSK) announced that the National Institute of Standards and Technology (NIST) has awarded research funding to the joint-development team on which Oshkosh is a member. The Technology Innovation Program (TIP) funding is projected to be nearly $5 million over a five-year duration. With the team providing in-kind contribution of engineering resources, the project's total value is approximately $10million
PHILIPPINE VEHICLE MAKERS SEE STRONG 2010 SALES
Asia Pulse, February 1, 2010 Monday 4:02 PM EST
 The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) have expressed optimism that 2010 will be a better year for the vehicle manufacturingindustry
Sikorsky venture to develop unmanned Black Hawk
Associated Press Financial Wire, February 1, 2010 Monday 6:08 PM GMT
 Sikorsky Aircraft Corp. is launching a $1 billion venture featuring a pilot-less Black Hawk helicopter as military demand rises for technology to fight two wars. The Stratford-based helicopter maker and military contractor announced Monday the creation of Sikorsky Innovations, intended to speed the transformation of the mechanical helicopter into a computerized aircraft. It also will promote projects that are now designing helicopters to fly faster, simulate vision and monitor their own...
SKorea exports post biggest gain in over 2 decades
Associated Press Financial Wire, February 1, 2010 Monday 9:28 AM GMT
 South Korea's exports surged in January, posting their biggest gain in more two than decades as shipments of auto parts, semiconductors and consumer electronics rose amid the global economicrecovery
Toyota plans to give details on pedal fix in US
Associated Press Financial Wire, February 1, 2010 Monday 8:14 AM GMT
 Toyota Motor Corp. said it will give details early Monday in the U.S. on how it plans to fix gas pedals in more than 2 million vehicles being recalled there, as the Japanese automaker struggles to reassure anxious owners. The plan will come in a release at 6:30 a.m EST and will be followed by a conference call for the media at 11 a.m. EST, Toyota Motor Sales USA said. Toyota spokesman Paul Nolasco in Tokyo declinedcomment
Toyota, Lexus expecting to exceed auto industry in sales growth
BusinessWorld, February 1, 2010 Monday
 Toyota Motor Philippines Corp. expects to hike car sales at a faster clip this year in line with the projected uptick in the economy, the firm's new president saidFriday
January 31, 2010
DUKE ENERGY; Duke Energy Appoints New Executive to Lead Wind Power Development
Resource Week, January 31, 2010
  Duke Energy Generation Services, part of Duke Energy's commercial businesses, has appointed Tony Dorazio as senior vice president for wind energy development.  Dorazio, who previously helped launch London-based BP Alternative Energy's wind power business, will lead the project development efforts of a rapidly expanding Duke Energyunit
MAGNA INTERNATIONAL INC.; Magna announces outlook
Journal of Technology & Science, January 31, 2010
  Magna International Inc. (TSX: MG.A; NYSE: MGA) announced its financial outlook for 2010. All amounts are in U.S. dollars.  For the full year 2010, we expect consolidated sales to be between $19.5 billion and $20.5 billion, based on full year 2010 light vehicle production volumes of approximately 10.3 million units in North America and approximately 11.4 million units in Europe. Full year 2010 average dollar content per vehicle is expected to be between $895 and $925 in North America and...
Qatar: North-east leads drive for electric cars
Right Vision News, January 31, 2010 Sunday
 Pakistan, Jan. 31 -- The blue beacon of an ultra-modern charging point stands out against the gloomy backdrop of a wintry morning in Newcastle.The facility, tucked away in a car park, is one of 40 to be installed in the city and 619 across the region - part of a plan to make it a centre for the production, supply and use of a coming wave of battery-powered cars.The region is also home to Nissan's car plant in Sunderland, Britain's biggest, where it is considering siting European production of...
January 30, 2010
Mainland carmakers to merge with rivals and stop overcapacity
South China Morning Post, January 30, 2010 Saturday
 Mainland carmakers are being told to expand production by merging with their smaller rivals as Beijing attempts to prevent overcapacity in the industry. Shanghai Securities News said yesterday carmakers might not get regulatory approval to expand capacity unless they agree to take over acompetitor
TOYOTA MOTOR SALES, U.S.A., INC.; Toyota Debuts New Auto Access Seat for Third-generation 2011 Sienna at North American International Auto Show
Pediatrics Week, January 30, 2010
  Toyota will display an innovative Auto Access Seat, designed for use in the all-new 2011 Toyota Sienna minivan, for the first time at the 2010 North American International Auto Show in Detroit. Toyota is the first automaker in North America to offer a factory-installed, rotating, power ascending/descending lift-up seat. Designed internally, the Auto Access Seat will offer a new level of comfort and convenience to anyone who may need assistance getting in or out of a vehicle.  Factory installed...
January 29, 2010
'Smart pedals' could stop crashes; Brake-override systems have been in some European cars for 15 years
USA TODAY, January 29, 2010 Friday
 Inexpensive technology used for more than 15 years in some European cars could have prevented crashes caused by stuck gas pedals in Toyota vehicles. A brake-override system or "smart pedals" can slow a vehicle even if a gas pedal sticks or if it's depressed by a driver at the wrong time. The system works simply: When brakes are pressed at the same time a gas pedal is engaged, the electronic signal propelling the car is interrupted, and the car automatically is slowed toidle
Area faces tough competition for supplier jobs
The Post and Courier (Charleston, SC), January 29, 2010 Friday
 Boeing Co.'s 787 Dreamliner assembly line came with the hope of hundreds of supplier jobs that will crop up to support the aerospace giant as it pieces together the new passenger jets in North Charleston. But those jobs aren't necessarily coming to the Lowcountry. Because the aerospace industry tends to scatter its supply chain, vendors that work on the Dreamliner project could easily locate a short drive up the interstate to Orangeburg County, which has cheaper land, lower wages and an...
Automaker struggling to fix faulty pedals
The Toronto Star, January 29, 2010 Friday
 The local supplier at the centre of the growing international storm engulfing Toyota Motor Corp. started delivering newly designed parts to assembly plants Thursday, but the beleaguered automaker acknowledged it doesn't know when it can fix sticking gas pedals for drivers on the road. A Toyota official said company engineers and its pedal supplier, CTS Corp., have not decided how they will repair pedals that could stick open, causing unintended acceleration and increasing the risk of vehicle...
Ford rolls out surprise profit
The Hamilton Spectator (Ontario, Canada), January 29, 2010 Friday
 Its two biggest U.S. competitors went bust in 2009, while Ford launched popular new models, won market share and posted its first profit in four years. Releasing unexpectedly strong annual results yesterday, Alan Mulally, the former Boeing executive brought in to run Ford in 2006, said not only was the company back in the black to the tune of $2.7 billion, it would staythere
Toyota hiatus may be a boon for Ford
The Philadelphia Inquirer, January 29, 2010 Friday
 The horse race between the Toyota and Ford brands for top spot in U.S. sales got more interesting this week with the recall and sales halt of some of Toyota's most popular vehicles because of faulty acceleratormechanisms
TOYOTA MOTOR SALES, USA, INC.; Toyota Fuel Cell Vehicle Demonstration Program Expands
Energy Weekly News, January 29, 2010
  Toyota Motor Sales, USA, Inc. (TMS) announced that more than 100 Toyota Fuel Cell Hybrid Vehicle - Advanced (FCHV-adv) vehicles will be placed in a nationwide demonstration program over the next three years.  TMS and Toyota Motor Manufacturing and Engineering North America, Inc. will place vehicles with universities, private companies and government agencies in both California and New York. Over the three year course of the demonstration program, as new hydrogen stations come online,...
January 28, 2010
EXCLUSIVE: SPAIN: GM Figuerelas safe until 2016 - union
just-auto global news, January 28, 2010 Thursday 1:09 PM GMT
 Opel's Spanish factory in Figuerelas expects to function at full capacity until 2016 as it gears up to make the redesigned Meriva minivan/MPV and the next generation Corsa supermini and Combo minivan models, according to trade unionofficials
Hyundai Motor's Q4 profit nearly quadruples
Associated Press Financial Wire, January 28, 2010 Thursday 7:12 AM GMT
 Hyundai Motor's net profit nearly quadrupled in the fourth quarter on higher sales following a strong performance during 2009 in the fast-growing Chinese and Indian automarkets
Japan fears its good name is tarnished by Toyota; Carmaker's U.S. troubles could stir doubts about other major exporters
The International Herald Tribune, January 28, 2010 Thursday
FULL TEXT As Toyota's problems mounted in North America with the announcement of a halt to sales and manufacturing of the bulk of its cars, commentators in Japan fretted Wednesday that the automaker's troubles could seriously hurt the reputation of the rest of the Japanese manufacturing sector. ''Toyota's reputation for safety is in tatters, and it is inevitable that its image among consumers will suffer,'' journalists at The Sankei Shimbunwrote
Still work to be done siting wind power; Understanding the impacts of the emerging technology will dictate its success.
Portland Press Herald (Maine), January 28, 2010 Thursday
 The good news is that the three-turbine wind farm on Vinalhaven is producing plenty of low-cost power for the year-round island community. The bad news is that it's also producing complaints from residents about noise and questions about where this new technology can be reasonablysited
The growth prospects for small cars are very bright
EKantipur.com, January 28, 2010 Thursday
 KATHMANDU, Jan. 28 -- Shambhu Prasad Dahal is chief executive officer of Sipradi Trading, authorised dealers of Tata Motors in Nepal. Dahal has been associated with Sipradi for the last 13 years. The Kathmandu Post talked with Dahal about Nepal's auto business and Sipradi's plans.
Toyota recalls additional 1.09 mln vehicles in US
Associated Press Financial Wire, January 28, 2010 Thursday 6:38 AM GMT
 Toyota Motor Corp. said Thursday it will recall an additional 1.09 million vehicles in the United States over problems with floor mats a fresh blow to the world's top automaker as it struggles to salvage its safetyreputation
January 27, 2010
Argentine Impsa to focus on renewables
ADP News Renewable Energy Track, January 27, 2010 Wednesday 9:59 AM EEST
 (ADPnews) - Jan 27, 2010 - Argentine engineering firm Industrias Metalurgicas Pescarmona (Impsa) has sold several subsidiaries as part of its strategy to focus on the renewable energy sector, Impsa told the Buenos Aires Stock Exchange on Monday. The company sold the subsidiaries, none of them linked to that sector, mainly to other companies of the Argentine Pescarmona group. The sold firms include Impsa Construction and Services BV, Impsa Servicios Ambientales SA, Interior Systems SA, Inversur...
AUTODESK, INC.; Survey Shows Mechanical Engineers Expect Increase in Sustainable Design Work
Electronics Business Journal, January 27, 2010
  Results from the second annual Sustainable Design Trend Watch Survey, jointly commissioned by the American Society of Mechanical Engineers (ASME) and Autodesk, Inc. (NASDAQ: ADSK), indicate that mechanical engineers expect to see an increase in sustainable design work in 2010.  Despite the challenging economy, respondents indicate with a 6 percent increase over last year that they believe sustainable design will be further incorporated into their work in 2010. The survey also reported for the...
Caterpillar Expects Higher Sales and Revenues and Profit in 2010; Reports Solid Profit and Improved Financial Position in Turbulent 2009
PR Newswire, January 27, 2010 Wednesday 7:30 AM EST
 PEORIA, Ill., Jan. 27 /PRNewswire-FirstCall/ -- Caterpillar Inc. (NYSE: CAT) today announced sales and revenues of $32.396 billion for 2009, a decrease of 37 percent from $51.324 billion in 2008. Profit per share was $1.43, down 75 percent. Excluding redundancy costs of $0.75, 2009 profit was $2.18 per share. Fourth-quarter sales and revenues were $7.898 billion, down 39 percent from the fourth quarter of 2008. Profit per share for the quarter was $0.36, down 67 percent from the fourth quarter...
General Dynamics 4Q profit rises on defense demand
Associated Press Financial Wire, January 27, 2010 Wednesday 2:12 PM GMT
 General Dynamics Corp. said Wednesday its fourth-quarter earnings edged up as strong demand for defense-related products outweighed weaker sales of businessjets
SIKORSKY AIRCRAFT CORP.; Shane Eddy Named Vice President, Sikorsky Global Helicopters
Defense & Aerospace Week, January 27, 2010
  Sikorsky Aircraft Corp. announced the appointment of Shane Eddy as Vice President of Sikorsky Global Helicopters, responsible for strategic leadership and general management of the growing billion-dollar business. Sikorsky Aircraft is a subsidiary of United Technologies Corp.(NYSE:UTX)
Stimulus didn't add to wind-energy jobs; Manufacturing positions lost despite more power capacity
USA TODAY, January 27, 2010 Wednesday
 Federal stimulus money rescued the U.S. wind-power industry from what could have been a disastrous 2009, but it still lost sought-after manufacturing jobs, a trade group reportedTuesday
WIND ENERGY : EUROPEAN OFFSHORE WIND INSTALLATION UP 54% IN 2009
Europolitics Energy (English), January 27, 2010
  Despite the economic downturn in 2008 and 2009, installation of offshore wind capacity grew 54%, to 577 MW. This compares to the 373 MW of new capacity installed during 2008. The year 2009 thus saw a total of eight new wind farms comprised of 199 offshore wind turbines being connected to the grid in Europe. Releasing its analysis, the European Wind Energy Association (EWEA) foresees, in 2010, the completion of ten additional European offshore wind farms. This will add 1,000 MW to the grid and...
Wind's Chill Factor
Investor's Business Daily, January 27, 2010 Wednesday
 Energy: The government says wind power could supply the eastern half of the U.S. with a fifth of its electricity by 2024. Just don't try building wind farms where someone might seethem
January 26, 2010
AMETEK Acquires Sterling Ultra Precision; Acquisition Strengthens AMETEK's Position in Niche Ophthalmic Lens Market
PR Newswire, January 26, 2010 Tuesday 6:50 AM EST
 PAOLI, Pa., Jan. 26 /PRNewswire-FirstCall/ -- AMETEK, Inc. (NYSE: AME) announced it has acquired the assets of Sterling Ultra Precision, a privately held reseller of machine tools for the ophthalmic lens market. Sterling Ultra Precision is headquartered in Tampa,FL
Apple Tablet: Tomorrow's Headliners
TheStreet.com, January 26, 2010 Tuesday 15:43 PM EST
 NEW YORK (TheStreet) -- Apple's major product announcement scheduled for Wednesday may be what everyone is waiting for Wednesday, although investors will have plenty of earnings reports to sift through before theevent
Business briefs: General Motors names Whitacre CEO
Monterey County Herald (California), January 26, 2010 Tuesday
 DETROITGeneral Motors names Whitacre CEO The General Motors board of directors, hoping to bring some stability to the Detroit automaker, has stopped its search for a new CEO and named Ed Whitacre as the permanent chiefexecutive
Manufacturing Investment, Jobs Still Lag; Manufacturing Investment, Jobs Still Lag
Business Wire, January 26, 2010 Tuesday 12:30 PM GMT
 The U.S. wind industry broke all previous records by installing nearly 10,000 megawatts (MW) of new generating capacity in 2009 (enough to serve over 2.4 million homes), but still lags in manufacturing, the American Wind Energy Association (AWEA) said today in its Q4 report. These new projects place wind power neck and neck with natural gas1as the leading source of new electricity generation for the country. Together, the two sources account for about 80% of the new capacity added in the...
Raising the bar in aerospace expertise
The Business Times Singapore, January 26, 2010 Tuesday
 SINGAPORE has been investing in its aerospace industry since the 1970s. Such forward thinking has brought broad benefits to the sector, which now accounts for a quarter of all of Asia's aircraft maintenance, repair and overhaul (MRO) business. The main players in the industry provide comprehensive MRO services - from airframe maintenance to engine overhaul to aircraft modifications andconversion
January 25, 2010
Alternate Space Capsule Concept Passes Tests
PR Newswire, January 25, 2010 Monday 2:31 PM EST
 HAMPTON, Va., Jan. 25 /PRNewswire-USNewswire/ -- A NASA team looking into design concepts for future space capsules has successfully demonstrated that an all-composite structure is a feasible alternative to traditional metal capsules for carrying astronauts into space and returning them safely to Earth. The composite materials that make up the structure are basically the same as the tough, lightweight laminates used today for race cars, business jets and high-end sportsequipment
Boeing expected to report 4th-period profit
MarketWatch, January 25, 2010 Monday 9:23 AM EST
 NEW YORK (MarketWatch) -- Boeing Co. is expected to report a return to profit for the fourth quarter, with investors eager to learn of the 787 Dreamliner test-flight results, production-rate plans for 2010 and the cash-flow outlook. The Chicago commercial and military aerospace giant is set to post fourth-quarter results onWednesday
Fiat reports 4Q loss
Associated Press Financial Wire, January 25, 2010 Monday 2:01 PM GMT
 Fiat Group SpA, controlling stakeholder in Chrysler LCC, on Monday reported a fourth-quarter loss due to a sharp decline in sales of trucks and construction equipment even as sales of its small, fuel-efficient cars rose thanks to cash-for-clunkers incentives. The quarterly loss of (EURO)281 million ($397 million) compares with a net profit of (EURO)163 million in the same period a yearearlier
Ford to add 1,200 workers in Chicago
UPI, January 25, 2010 Monday 4:23 PM EST
 Ford Motor Co. has plans to hire 1,200 workers this year when a Chicago plant begins producing Explorer sport utility vehicles, a city business journalsaid
Jaguar Land Rover CEO David Smith steps down
Associated Press Financial Wire, January 25, 2010 Monday 6:51 PM GMT
 The head of Jaguar Land Rover has left British luxury carmaker. A company spokesman Monday afternoon declined to elaborate on the reasons behind the departure of David Smith. Ravi Kant, the vice chairman of Jaguar Land Rover's parent company Tata Motors Ltd., will take over Smith's duties until a permanent successor isfound
Japan car makers set foreign production records
Associated Press Financial Wire, January 25, 2010 Monday 9:14 AM GMT
 Major Japanese carmakers ramped up foreign production to record levels in December, they said Monday, as they continued to move factories abroad and global sales showed tentative signs of arecovery
Majap Shipments Rebounded In Dec.
TWICE, January 25, 2010
 Washington - Factory shipments of key major appliance categories roared back to life in December, as steep Black Friday discounts helped trigger pent-up consumer demand. The sales surge put a grace note on an otherwise dismal year for white goods, in which total unit shipments decreased 13 percent for the 12 months, ended Dec. 31, 2009. Total unit shipments edged up only 1 percent in December, hindered by a sharp decline in room air orders. But according to the latest wholesale data compiled by...
Whirlpool's Bitzer: Bumpy Road Ahead
TWICE, January 25, 2010
 LAS VEGAS - On Jan. 1 Marc Bitzer, formerly head of Whirlpool's U.S. operations, became president of the No. 1 appliance manufacturer's North American business unit. Bitzer assumes the corner office following three of the toughest years on record for the housing and majap markets, and just as the U.S. is beginning to claw its way out of recession. While his long-term outlook is bullish, as evidenced by a major investment in new appliance platforms and smart-grid-enabled products, he said...
January 23, 2010
AMERICAN HONDA MOTOR CO., INC.; Honda Builds Record 84% of 2009 U.S. Auto Sales in North America
Entertainment & Travel, January 23, 2010
  An all-time high of 83.8 percent of the Honda and Acura automobiles sold in the United States in 2009 were produced* at the company's plants in North America, American Honda Motor Co., Inc., announced. American Honda has maintained a local production rate of approximately 75 percent or higher since 1996.  Honda operates seven automobile plants in North America - four in the U.S., two in Canada and one in Mexico, producing fifteen different models, including the Civic sedan, coupe and GX...
Attempted carjack; Renault and meddling politicians
The Economist, January 23, 2010
 The French government tries to grab the wheel at Renault IN AN off-message moment in front of journalists on January 15th, Christian Estrosi, France's industry minister, asserted that he and the president, Nicolas Sarkozy, make industrial decisions for Renault, a carmaker. Mr Estrosi was quickly put back on message, but Renault wasfurious
BELGIUM: GM Daewoo building small SUV instead of Antwerp
just-auto global news, January 23, 2010 Saturday 5:35 PM GMT
 A planned new small SUV will be built by GM-Daewoo (GMDAT) in a South Korea plant rather than in the Opel factory in Antwerp following today's news the automaker is starting talks with workers and unions over closing its long-serving Belgian factory with the loss of about 2,300jobs
Boom For Nissan As Drivers Go For Scrappage Scheme
The Journal (Newcastle, UK), January 23, 2010 Saturday
 CAR manufacturer Nissan has enjoyed a boom with motorists flocking to buy its Sunderland-built vehicles. The company has sold almost 20,000 more cars thanks to the Government's and its own scrappage scheme with most of the vehicles being built onWearside
RICARDO, INC.; New Leadership Team Prepares Ricardo, Inc., for Growth
Journal of Transportation, January 23, 2010
  Ricardo, Inc., the U.S. subsidiary of Ricardo plc, the leading independent provider of technology, product innovation and engineering solutions to the world's automotive, defense, transport and new energy industries, has announced three key appointments that will strengthen the company's senior management team.  In the first of these appointments, Kent Niederhofer was named president of Ricardo, Inc., effective on Jan. 1. This appointment follows a comprehensive realignment of Ricardo, Inc.,...
Union: Chrysler delays plan to close Ohio plant
Associated Press Financial Wire, January 23, 2010 Saturday 6:21 PM GMT
 Union leaders say Chrysler's stamping plant in Ohio will stay open until June 26, three months longer than the company hadplanned
WEBASTO AG; Webasto Takeover of Edscha CDS Concluded
Economics & Business Week, January 23, 2010
  The German cartel authorities have given their approval to the acquisition of the assets of the Edscha Convertible Roof Systems (CDS) business unit by Webasto AG, automotive supplier for roof and thermal systems. This means that the purchase agreement concluded between Webasto and Dr. Jorg Nerlich, insolvency administrator of Edscha AG back in early August 2009, has become effective. Therefore Webasto AG is in a position to merge its Convertible Business Unit with Edscha CDS under a wholly...
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