Daily Archives: October 29, 2013

Honda demonstrates automatic driverless valet parking system

Honda has developed a low-cost, automatic valet parking system which uses parking lot surveillance cameras to help park cars automatically.

Seasonal Crude Oil Prices in Full Swing

Have you noticed the decline in prices at the pump recently?

The average price for regular grade gasoline in the U.S. has fallen 20 cents in the past month alone. During this same period, the price of crude oil has fallen from the 2013 peak of $110 per barrel, to $101 per barrel (a decline of nearly 9%). What has caused this weakness? To best answer this question we are forced to look at multiple factors.

Faurecia Interior Systems Louisville Ky plant joins union

Faurecia Interior Systems Louisville Ky plant joins union

Workers at the automotive supplier Faurecia Interior Systems Inc. plant in Louisville, Ky., have elected to join the UAW.

NHTSA recalls Audis over sunroof glass and fuel line issues

NHTSA recalls Audis over sunroof glass and fuel line issues

Volkswagen Group of America, Inc. is recalling certain model year 2013 to 2014 Audi A8 and S8 vehicles equipped with a standard sunroof, manufactured March 12, 2013, through July 15, 2013, because the standard sunroof glass panel may shatter, according to the National Highway Traffic Safety Administration.

Mubea opens tailored rolled blanks factory in Kentucky

Auto supplier Mubea today opened a factory that makes tailored rolled blanks in northern Kentucky, just south of Cincinnati.

The $60 million, 75,000-square-foot factory will supply various automakers and is expected to create around 150 jobs by 2014.