International Automakers Renew Commitment to National Greenhouse Gas/Fuel Economy Program
Members of the Association of International Automobile Manufacturers met at the White House today to offer their continued support of a single national policy to increase fuel efficiency and decrease greenhouse gas (GHG) pollution from motor vehicles for the next 15 years.
Honeywell and DuPont Announce Joint Venture to Manufacture New Automotive Refrigerant
Under the agreement, DuPont and Honeywell will share financial and technological resources with the intent to jointly design, construct and operate a world-scale manufacturing facility for the new refrigerant, known as HFO-1234yf.
American Tire Distributors Announces Offering of $250 Million Senior Secured Notes
Net proceeds from the offering will be used to finance, in part, the acquisition of American Tire Distributors Holdings by certain investment funds affiliated with TPG Capital.
Midas Raises Ownership Limit for Certain Long-Term Shareholders
The rights agreement, adopted on Dec. 7, 2007, effectively restricts a shareholder from acquiring 20 percent or more of the outstanding shares.
Yokohama to Plant 2,000 Trees at Virginia Facility
To date, Yokohama Forever Forest events have taken place in Japan, the Philippines and Taiwan, with 51,900 trees having been planted.
The Future of Cool: A Look at the Latest Trends in Mobile Refrigerants
Competition appears to be heating up between automakers from the U.S and Europe in terms of which type of cabin cooling system will be used in new vehicles coming off the lines in 2011, replacing the current HFC-134a-based systems.
Continental AG Sees Promise in Low-Cost Cars, Expands R&D in Emerging Markets
Continental AG is confident the booming low-cost cars segment is a profitable one and will expand R&D capacities in emerging markets, chief technical officer Karl-Thomas Neumann said. The German automotive parts maker supplies India’s low-cost Tata Nano car with fuel injectors and sensors to measure fluid levels. The car developed by Tata Group is estimated to cost some $2,500, plus taxes.
R. L. Polk & Co’s Ask the Industry Takes a Sneak Peek at the
For the first time ever, this year’s AAPEX show will feature a new "Green Zone," which will showcase environmentally friendly automotive products. The automotive aftermarket and truck fleet markets are fully embracing the reality that they must become more environmentally conscious and have recently begun promoting a wide variety of innovative ‘green’ initiatives — from eco-friendly bedliners to complete corporate environmental initiatives. In honor of the new “Green Zone” at AAPEX, we asked a few aftermarket companies to tell us what new products, technology, or maintenance procedures their companies launched this year to help motorists be more environmentally conscious.
Universal Technical Institute Renews Licensing Agreement with NASCAR
Universal Technical Institute (UTI) has renewed its licensing agreement with NASCAR, and will continue the branded operation of UTI’s NASCAR Technical Institute through 2017. Located in Mooresville, NC, the NASCAR Technical Institute provides training in automotive technology and offers specific courses in NASCAR technologies in a NASCAR focused environment. UTI has operated the NASCAR Technical Institute since 2002.
DuPont, Honeywell Join Forces in Global Refrigerants Development Agreement
WILMINGTON, DE and MORRIS TOWNSHIP, NJ — DuPont and Honeywell are joining forces to accelerate the development and commercialization of next generation, low global warming refrigerants for the automotive air conditioning industry. Under the agreement, DuPont and Honeywell will jointly identify, develop, test and qualify new low GWP refrigerants that are cost-effective alternatives to other