Panasonic Corporation’s NiMH 12V Energy Recovery Systems is being applied in the new idle-stop (stop-start) minicars just introduced by Nissan Motor and Mitsubishi Motors in Japan: the Nissan DAYZ ROOX and Mitsubishi eK Space. The new models were designed and developed for the Japanese market by NMKV Co., Ltd., a joint venture formed by the two automakers.
Daily Archives: February 15, 2014
VW workers reject union organizing drive at U.S. plant
The United Auto Workers union suffered a major defeat when workers at German auto giant Volkswagen’s Tennessee plant rejected its organizing efforts. The closely-watched Friday’s vote came as the US labor movement is fighting for its survival after decades of shrinking membership rolls.
Wanxiang America wins auction for Fisker with bid valued at $149.2M
After 19 rounds of bidding, Wanxiang America Corporation (Wanxiang) has been selected as the highest and best bidder in a competitive auction for Fisker Automotive, completed on Friday. Wanxiang’s winning bid is valued at approximately $149.2 million, representing $126.2 million of cash, $8 million of assumed liabilities, and a contribution of common equity in an affiliate designated by Wanxiang to acquire the assets of Fisker Automotive.
BCA: Used car values rise again in January
British Car Auctions has reported a 3.4% rise in used car values, with a year-on-year increase of £244. The average price of a used car passing through auction is now £7381, which is the third highest monthly value on record.
Google to have strong presence in the connected car
There will be more Google in your next car. That was the clear message automakers gave at the recent International CES, the world’s largest consumer electronic fair. Google Maps with street view function make in-car navigation systems a lot more precise and easy to use, Google Glass could help to increase safety while driving and smartwatches using Google’s Android operating system might come first from an automaker rather than a computer maker.That could be just the beginning because one of the top stories from last month’s Consumer Electronics Show (CES) in Las Vegas was the announcement of the Open Automotive Alliance, whose members include automotive and technology companies that want to expand the use of Google’s Android-based systems in vehicles.
