Honeywell’s New Low-Global-Warming Refrigerant Approved for Vehicle Use by EPA
According to Honeywell, HFO-1234yf has a global-warming-potential (GWP) that is 99.7 percent less than HFC-134a, the refrigerant currently used in most car air conditioning systems. The EPA granted the approval under its Significant New Alternatives Policy (SNAP) program.
Visteon Announces Pricing of $500 Million of 6.75 Percent Senior Notes Due 2019
Visteon intends to use the net proceeds of the offering, together with cash on hand, to retire its $500 million senior secured term loan due 2017 and pay related fees and expenses.
Visteon Announces Proposed Offering of $500 Million of Senior Unsecured Notes
Visteon says it intends to use the net proceeds of the offering, together with cash on hand, to retire its $500 million senior secured term loan due 2017 and pay related fees and expenses.
Global Automotive CEOs Show Increasing Confidence, According to PwC Survey
China is vital to automotive industry manufacturing strategies as the No. 1 vehicle market in the world; innovation key to global growth, survey shows.
Yokohama Tire Corp. Teams with ‘Blue Planet’ Award Winner to Plant 500 Trees in California
“Yokohama Forever Forest” global project comes to Orange County facility today.
NADA Concerned about Vehicle Affordability in Light of Proposed Fuel Economy Standards
Administration’s fuel economy announcement raises NADA’s concern about vehicle affordability for consumers.
Obama Challenged to Set 60 MPG Fuel Economy Standards by 2025
The Obama Administration will release a Notice of Intent for 2017-2025 fuel economy standards for cars, SUVs and pickups on Sept. 30.
Modine Completes Debt Refinancing
The company has finalized a four-year, $145 million revolving credit facility with a syndication of six financial institutions led by JPMorgan Chase Bank, N.A. as Administrative Agent, LC Issuer, Swing Line Lender and as a Lender.
IMS Research Predicts New Growth Phase for Telematics
Globally, the percentage of new vehicles fitted with telematics is forecast to grow from 9 percent in 2009 to 46 percent in 2017, according to IMS.
Obama Directs Agencies to Set Fuel Economy and Greenhouse Gas Standards for Heavy Duty Trucks
The president called for the rulemaking to be finalized by July 30, 2011 for implementation in 2014.