“AUTOMOTIVE: Equinox on par with competition - Oakland Press” plus 4 more |
- AUTOMOTIVE: Equinox on par with competition - Oakland Press
- Small Firms Make Automotive X-Prize First Round Cut - EV World
- Detroit conference to focus on plug-in electric vehicles - detnews.com
- Love of trucks drives man to pursue and run dealerships - Detroit Free Press
- Bharat Forge to take part in NTPC's bidding - Hindu Business Line
| AUTOMOTIVE: Equinox on par with competition - Oakland Press Posted: 17 Oct 2009 10:51 PM PDT Even though the 2010 Chevrolet Equinox was developed by the old General Motors, it likely will come to be hailed as a hallmark of the new GM. This content has passed through fivefilters.org. |
| Small Firms Make Automotive X-Prize First Round Cut - EV World Posted: 17 Oct 2009 01:54 PM PDT |
| Detroit conference to focus on plug-in electric vehicles - detnews.com Posted: 18 Oct 2009 12:02 AM PDT Christina Rogers / The Detroit NewsEntrepreneurs, investors and business leaders looking for ways to plug into the emerging electric vehicle market will find an outlet this week. Starting Monday, more than 600 people will descend on the MotorCity Casino in Detroit for a three-day conference dedicated to the making, marketing and deployment of plug-in electric vehicles. The inaugural event, called "The Business of Plugging In," brings together leaders from the automotive and utility industries, as well as researchers, policymakers, venture capitalists and startup company executives to discuss how to bring this evolving technology to the mass market. The event is sold out. Advertisement "There has been a good amount of hype around plug-in electric vehicles," said Brett Smith, a director of automotive analysis group at Center for Automotive Research in Ann Arbor, which is helping to organize the conference. "It's critical to really start to develop a sound economic model to make this great technology work for the consumer." Gen. Wesley Clark, former supreme allied commander of NATO, is scheduled to give the keynote address Wednesday and will speak about the importance of energy independence and a national strategy for electrifying transportation, Smith said. DTE CEO Anthony Earley also is scheduled to speak, as well as Ford Motor Co. Chairman Bill Ford Jr. and Gov. Jennifer Granholm. Tuesday's opening session, "The Electrification of the Vehicle," will provide an overview of the challenges and opportunities created by plug-in electric vehicles. Other panel discussions will cover a wide range of topics from battery technology and work force development to what utilities and governments need to do to prepare. Britta Gross, director of global energy systems at General Motors Co. and a conference speaker, said Detroit is the ideal locale for the conference not only because of its ties with the automotive industry but also because of the recent influx of federal funding for new battery technology. She added that the new technology is likely to breed new work for suppliers making battery parts, electric motors and high-power electronics. "All of these are business opportunities waiting to happen," Gross said. GM says its extended range electric Chevrolet Volt will be available in late 2010. The Volt will rely on a lithium-ion battery pack that will let commuters travel up to 40 miles on electric power alone. The Volt's engine kicks in after its battery is drained by about 70 percent, to sustain the battery's remaining charge to keep the car running for several hundred miles. Several sessions focus specifically on what parts will be needed to manufacture electric vehicles and how businesses can get involved with the supply chain. GM is co-sponsoring the event with the University of Michigan and DTE Energy. The conference is being funded through part of a $5 million Michigan Public Service Commission grant awarded to GM, U-M and DTE to advance research on electric vehicles and supporting infrastructure. In selecting speakers, organizers looked for people with a mix of backgrounds, ranging from those with deep roots in the auto industry to entrepreneurs outside it pioneering new ways to get electric powered vehicles on the roads. Felix Cramer, for instance, is founder of the California Car Initiative, a Palo Alto-based startup composed of engineers, environmentalists and entrepreneurs dedicated to promoting plug-in hybrid electric vehicles with ranges exceeding 100 miles. Cramer will speak on Wednesday morning at session called "The Consumer: Who, When and Why?" which aims to better understand the challenges involved with selling this new technology to consumers. "We have a great mix of real hands on people, as well as, people who have great vision," Smith said. cvrogers@detnews.com (313) 222-2300 This content has passed through fivefilters.org. |
| Love of trucks drives man to pursue and run dealerships - Detroit Free Press Posted: 18 Oct 2009 12:02 AM PDT Jesse Berger was on the verge of completing his dream of becoming a Kenworth truck franchisee in 2005, but the deal was dragging because the previous owner wasn't in a hurry to sell. But Berger, 38, doesn't give up easily. "I don't know where it comes from, God makes us all different," Berger said. "Once my jaws clamp shut on something, I usually stick with the project." Berger became interested in the car and truck business as a child because his stepfather owned a Sunoco gas station. "I didn't love homework," Berger said. "So I learned about trucks and got greasy at a young age and before I knew it I was fixing engines and changing springs." Berger further developed his interest in the automotive and truck business while attending Northwood University, where he majored in business administration with a specialty in dealership and automotive aftermarket parts management. It was there that he decided he wanted to become a Kenworth truck franchisee. "Kenworth trucks have the tagline 'The world's best,' " Berger said. "I wanted the prom queen of trucks." The power and quality of Kenworth trucks are alluring. Kenworth's W900 comes with a 550-horsepower Cummins engine with 1,600 pound-feet of torque and 18 gears. The average Kenworth truck costs about $120,000. Before he could realize his dream, Berger bought out the family truck repair business, called Berger & Sons, in 1997. He managed that business until he had the opportunity to pursue two acquisitions in 2005. One was a truck rental and leasing business in Sterling Heights called Michigan Truck & Trailer and the other was a Kenworth franchise in Dearborn. Family squabbles on the part of the seller caused the acquisition of the truck-leasing business to drag on for 30 months, Berger said. Other issues complicated the Kenworth deal, and he finally completed that deal in May 2006. Gary Moore, Kenworth assistant general manager for marketing and sales, said Kenworth was immediately impressed with Berger even though he is among Kenworth's youngest franchisees. This content has passed through fivefilters.org. This posting includes an audio/video/photo media file: Download Now |
| Bharat Forge to take part in NTPC's bidding - Hindu Business Line Posted: 18 Oct 2009 12:45 AM PDT
Update at 1300 hrs (IST)
Corporate Bharat Forge to take part in NTPC's bidding NEW DELHI: Kalyani Group flagship company Bharat Forge will bid to supply power generation equipment to state-owned NTPC, which has floated a global tender worth Rs 25,000 crore for setting up thermal plants in four states. The Pune-based world's largest automotive forging maker will bid for the tender in association with its joint venture partner Alstom and is hopeful of receiving orders worth at least Rs 3,500 crore. We are very bullish on this opportunity and we are going to bid for it. High level of indigenisation is great opportunity for India, which will help the country expand its power generation capacity, Bharat Forge Chief Operating Officer (Capital Goods D ivision), Mr Sunil Chaturvedi said. The company will bid for all the 11 turbines but expects to get orders for at least five of them with an estimated order size of Rs 3,500 crore. The turbines have to be installed and commissioned by 2014. Last week, NTPC had floated a tender for supply of 11 eco-friendly supercritical units, which improves the efficiency of thermal power plant, of which two units are for the Damodar Valley Corporation. These units are to be installed in five power projects, spread over Bihar, Uttar Pradesh, Maharashtra and Jharkhand. - PTI
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