This is a joint release of Daimler, Ford, GM/Opel, Honda, Hyundai/Kia, Renault, Nissan and Toyota as posted on Honda’s site. Letter of Understanding on electric vehicles with fuel cell development and market introduction signed Daimler AG announced that the leading vehicle manufacturers in fuel cell technology – Daimler AG, Ford Motor Company, General Motors Corporation/Opel, [...]
Posts Tagged ‘ford’
Who is to Blame?
There is much debate about WTF happened to the US auto industry and who is responsible for it. Some blame the workers, some the union, some the legislators and some the companies. I’d like to take a few minutes of your time to offer my own thoughts on this calamity and who’s responsible for it. [...]
US Senate Rejects Auto Bailout
The US Senate rejected the $14B auto-maker bailout bill approved earlier in the week by Congress. Republicans and Democrats failed to agree to end debate on the bill over union compensation, which the Republicans insisted be lowered to that of those working at Japanese auto makers with plants in the US.
Ford CEO to Drive Escape Hybrid to Hearings
Last week executives from the Detroit 3 decided to drive to Washington for Congressional hearings in some of their most fuel efficient models, rather than taking their expensive corporate jets as they had done for the last round of hearings. Ford has now announced that its CEO, Alan Mulally, will be driving to the hearings [...]
