Psalm 34:10
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The young lions suffer want and hunger,
but those who seek the Lord lack no good thing.
11 years ago
Ford’s F150 V6 models outselling other V6 pickups and V8 F-150s
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Thursday, 11 August 2011
Desert Sunlight receives approval for 550MW solar project in US
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Desert Sunlight Holdings has received an approval from the federal department of interior for building the 550MW Desert Sunlight solar farm in California, US.
BMW Group reports rise in July sales
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The BMW Group has reported a 7.6% rise in sales during July, with total number of vehicle sale reaching 129,094 worldwide including BMW, MINI and Rolls-Royce brand automobiles.
Magna second quarter profit slips by 4%
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Automotive supplier Magna International has reported a 4% dip in net income to $282m during the second quarter 2011, from $294m it reported during corresponding quarter in 2010.
Kia Motors July sales up 15%
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Kia Motors global sales for passenger cars, recreational vehicles (RVs) and commercial vehicles increased 15% to 208,074 units in July 2011, compared to corresponding period last year.
China Automotive Systems Q2 net sales drop
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China Automotive Systems (CAAS), a power steering components and systems supplier in China, has reported a net sales of $82.5m for the second quarter ended 30 June 2011, compared to $85.1m for the same period in 2010.
Mercedes Benz launches SLK 350 in India
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German luxury car maker Mercedes Benz has launched the new SLK 350, an updated version of the roadster, in India.
NHTSA investigates BMW 7 Series potential roll away issue
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The National Highway Traffic Safety Administration (NHTSA) is investigating a potential problem with 2002 to 2008 model BMW 7 series sedans for a possible transmission defect that causes the vehicle to roll away once parked.
MMC starts Pajero Sport SUV production in Bangladesh
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Japanese automaker Mitsubishi Motors (MMC) has commenced the local production and sales of its new-model Pajero Sport SUV in Bangladesh to strengthen its lineup in the local market.
Honda to launch new Civic at Frankfurt Motor Show in September
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Honda, a Japanese manufacturer of automobiles and motorcycles, will launch the new Civic at the IAA Frankfurt Motor Show in September 2011, which is developed specifically for the European market.
Ener1 signs supply, distribution agreement with Lightning Motorcycles
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Ener1, a developer of lithium-ion battery systems for HEV industry, has signed a supply and distribution agreement with Lightning Motorcycles, a manufacturer of electric motorcycles.
Lentuo to acquire two new dealerships in China
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Lentuo International (LAS), an automobile retailer in Beijing, has signed a letter of intent (LOI) to acquire Huizhou FAW-Volkswagen Sales and Service (Huizhou FAW-VW) and an equity transfer agreement to acquire Beijing Hexinshuntong Automobile Sales and Service (Beijing Mazda).
Dana to sell stakes in two joint ventures to Getrag
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Dana Holding, a supplier of driveline products for light and heavy duty vehicle manufacturers, has signed agreements to sell its equity stakes in two joint ventures (JVs) to Getrag for $136m.
GM invests $7.5m in solar power developer Sunlogics
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GM Ventures, the venture capital arm of General Motors, has invested $7.5m in Sunlogics, a global solar energy systems provider, which will install solar panels on several GM facilities.
Mazda expands remanufacturing facility in Chesterfield, US
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Mazda North American Operations (MNAO) will invest $2.3m to add a new automatic transmission remanufacturing line at its rotary engine remanufacturing facility in Chesterfield County, Virginia, US.
Group 1 revenues up 3.9% in Q2
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