Monthly Archives: July 2014

currency strength, weak global demand hit Hyundai’s Q2 profit

Hyundai Kia Motor Cars Headquarters, Seoul, Korea - currency strength, weak global demand hit Hyundai's Q2 profit

Hyundai said its net profit for the second quarter fell the most since the first quarter of last year, as the automaker was hit by the local currency’s sharp gain versus the dollar. The automaker warned that it expects a tough second half as the South Korean won remains strong and global demand growth weakens.

2015 Car of the Year initial 33 candidates announced

The jury for the 2015 Car of the Year has annonunced 33 cars that will be competing for the prestigious award, which will be announced next March at the Geneva Motor Show.

All 33 cars are either already on sale or will be by the end of this year in at least five European countries with a planned sales of at least 5,000 units in 2015.

Enerpulse explains mechanism by which pulsed energy ignition plugs enhance fuel economy

Enerpulse explains mechanism by which pulsed energy ignition plugs enhance fuel economy

Enerpulse Technologies said that it has further identified the underlying mechanism by which its its pulsed energy ignition technology improves fuel economy, reduces emission and delivers higher torque in spark ignited (SI) internal combustion (IC) engines.

New Tyre retailer seeks to be Cheapest in UK

Press Release: A new tyre retailer developed by one of Britain’s biggest tyre distributors guarantees that its prices will be “pounds cheaper” than from anyone else in the UK.

Tyre Giant is a breakthrough online tyre retailer developed by Bond International, one of the biggest tyre distributors in the UK, which has a consistent stock of half-a-million tyres in its five UK warehouses, and a transport network of 120 vans, which are on the road at all times delivering 11,000 tyres per day.

Fiat investors urged to vote against Chrysler merger

Proxy advisor ISS has recommended that Fiat investors vote against Chrysler merger

Proxy advisor ISS has recommended that Fiat investors vote against a cross-border merger of the Italian carmaker and its U.S. unit Chrysler at a meeting on Aug. 1, saying it would reduce shareholder rights.