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Stories about: industry

53.3 Years of Oil Left According to BP
53.3 Years of Oil Left According to BP

3 Jul 2014, 16:18 UTC · By: Gabriel Brindusescu / As bad as it sounds, these are actually good news, because BP’s last year estimate was 1.1 percent lower. The petroleum company now raised its reserve estimate to 1,687.9 billion barrels of oi...

 
Cheaper Used Cars Pose Higher Fraud Risk, Study Finds
Cheaper Used Cars Pose Higher Fraud Risk, Study Finds

3 Jul 2014, 15:25 UTC · By: Mircea Panait / After analyzing 50 million used cars for sale by dealers from January 2012 to May 2014, a recent study from iSeeCars.com points out that low-priced vehicles are more prone to potential scams than se...

 
Only 3 American Cars Made the 2014 "American-Made Index"
Only 3 American Cars Made the 2014 "American-Made Index"

3 Jul 2014, 12:36 UTC · By: Mircea Panait / A recent study based on automaker, dealership and National Highway Traffic Safety Administration data reveals a worrying fact about cars we thought as being as American as good ol' apple pie or...

 
Ford CEO Mark Fields Gets $1.75 Million Base Salary
Ford CEO Mark Fields Gets $1.75 Million Base Salary

2 Jul 2014, 20:50 UTC · By: Mircea Panait / The Blue Oval's new helmsman, Mark Fields, has been granted a big salary increase for its promotion from COO to CEO and elected member of the directors board. As chief operating officer he made...

 
2015 Cadillac ATS Receives ZF Lenksysteme Electric Power Steering
2015 Cadillac ATS Receives ZF Lenksysteme Electric Power Steering

2 Jul 2014, 19:56 UTC · By: Mircea Panait / Although electric power steering systems don't have as many fans as the good ol' hydraulic assist, automotive technology is a fickle friend and this change is slowly but steadily becoming ...

 
General Motors Marion Plant Explosion Kills Worker, Injures Eight Other
General Motors Marion Plant Explosion Kills Worker, Injures Eight Other

2 Jul 2014, 12:53 UTC · By: Mircea Panait / GM's stamping plant from Marion, Indiana was the scene of an unfortunate accident on Tuesday, when a chemical explosion fatally wounded a contractor and injured eight other people. Out of the l...

 
Only 50 Cars & 4 Bikes Sold In Cuba In 6 Months
Only 50 Cars & 4 Bikes Sold In Cuba In 6 Months

2 Jul 2014, 11:51 UTC · By: Mircea Panait / After the Cuban government lifted the ban on buying automobiles built after 1959, the results of this action are borderline shameful - a mere 50 cars and just 4 motorbikes have been purchased betwee...

 
Ford Sales Fell 5.8 Percent In June 2014, Lincoln Drops 2.7 Percent
Ford Sales Fell 5.8 Percent In June 2014, Lincoln Drops 2.7 Percent

1 Jul 2014, 18:02 UTC · By: Mircea Panait / Oh dear, now that's a shocker. After the Chrysler Group reported 9 percent better sales over June 2013 and General Motors sales were up by a mere 1 percent, here comes the Blue Oval with more t...

 
General Motors Moved 267,461 Vehicles In June
General Motors Moved 267,461 Vehicles In June

1 Jul 2014, 17:20 UTC · By: Mircea Panait / Compared to the same month a year ago, General Motors' total U.S. sales were up by just 1 percent, with retail sales up 1 percent and fleet sales by a mere 2 percentage points. Despite analysts...

 
Lincoln Would've Been Axed Without Support From New Ford CEO Mark Fields
Lincoln Would've Been Axed Without Support From New Ford CEO Mark Fields

1 Jul 2014, 13:57 UTC · By: Mircea Panait / Starting today, the Blue Oval's harnesses are in the hands of Mark Fields, who replaces Alan Mulally as the Ford Motor Company's chief executive officer and elected member of the directors...

 
2018 Jeep Wrangler to Adopt Dedicated Platform and Aluminum Body Shell
2018 Jeep Wrangler to Adopt Dedicated Platform and Aluminum Body Shell

30 Jun 2014, 14:34 UTC · By: Mircea Panait / Since the Willys Military Jeep was converted for civilian use back in 1944, 'Jeep' became a household name for the most capable off-roader money can buy. Even though it's not as the g...

 
GM VP Aware Of Ignition Switch Fiasco Since 2005
GM VP Aware Of Ignition Switch Fiasco Since 2005

30 Jun 2014, 08:59 UTC · By: Mircea Panait / Earlier in June, Mary Barra vowed in front of House and Senate members that GM will get its act together, with the main focus of the moment being to fix the "deep underlying cultural problems&q...

 
Tony Fernandes Bids Caterham F1 Goodbye, Closes Twitter Account After Announcement
Tony Fernandes Bids Caterham F1 Goodbye, Closes Twitter Account After Announcement

27 Jun 2014, 15:03 UTC · By: Mircea Panait / Twitter is literally burning with 102 octane race-spec fuel after Tony Fernandes tweeted that "F1 hasn't worked, but love Caterham Cars." Anyway you look at it, this cryptic tweet fro...

 
Mitsubishi Attrage to Be Sold As Rebadged Chrysler in China
Mitsubishi Attrage to Be Sold As Rebadged Chrysler in China

27 Jun 2014, 13:19 UTC · By: Mircea Panait / Have you ever imagined that day would come, that day when Chrysler badges will be glued on a Japanese sedan built in Thailand and sold in China? Don't worry, neither did we, but this questionab...

 
Cadillac Targeting Tesla Motors and BMW According to Marketing Chief
Cadillac Targeting Tesla Motors and BMW According to Marketing Chief

27 Jun 2014, 09:44 UTC · By: Mircea Panait / After taking the marketing reins of the American luxury manufacturer last November, Uwe Ellinghaus has been hard at work trying to put Cadillac back on its former glory's tracks. According to t...

 
International Engine of the Year Awards Turning into a Fiasco?
International Engine of the Year Awards Turning into a Fiasco?

26 Jun 2014, 20:43 UTC · By: Andrei Tutu / Ladies and gentlemen drivers, please sit down and take notes. In an unprecedented move, a group of carmakers from Europe and Asia have reinvented a few of their engines overnight. There was no offic...

 
Google Reveals Android Auto Interface
Google Reveals Android Auto Interface

26 Jun 2014, 12:33 UTC · By: Gabriel Brindusescu / Following Apple’s footprints, Google just unveiled its production version Android Auto interface, making its first step towards a future of unified infotainment systems. However, unlike its ri...

 
Chinese Supplier Blamed by GM Over Ignition Switch Fiasco
Chinese Supplier Blamed by GM Over Ignition Switch Fiasco

25 Jun 2014, 19:14 UTC · By: Mircea Panait / Well, well, well. What do we have here then? Moments ago we’ve found out that General Motors accused one of its suppliers as the prime cause for the millions of vehicles fitted with sub-standa...

 
Ford & Intel Demonstrate Project Mobii Mobile Interior Imaging Technology
Ford & Intel Demonstrate Project Mobii Mobile Interior Imaging Technology

25 Jun 2014, 17:18 UTC · By: Mircea Panait / Ford and Intel joined forces to explore new applications for interior video cameras to further enhance the in-car experience for both driver and passengers. It may sound like it came out of the sci-...

 
Ford China Opened 88 Dealerships In One Day
Ford China Opened 88 Dealerships In One Day

24 Jun 2014, 09:14 UTC · By: Mircea Panait / Before asking someone to pinch you to make sure you aren't dreaming, let us repeat that: yes, the Blue Oval did inaugurate a whopping 88 dealers over the span of 24 hours. This record-breaking ...