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Robert Ferguson The head of Cadillac was changed General Motors Co. plans to make a fresh approach to the luxury brand of Cadillac by releasing sportcars and ... by the appointment of the new head of the brand from lobbyists. He will have to raise the Cadillac from his knees and elevate it above the entire line of GM. Continue Reading »

Contract of JV between Hyundai Heavy Industries Co., Ltd. and Cummins Inc. Hyundai and Cummins Joint Venture to Build MidRange Engines Hyundai Heavy Industries Co., Ltd. and Cummins Inc. announced a 50/50 joint venture for production in Korea the MidRange engines with the output from 150 hp to 300 hp (112-224 kW). These engines will be used for application in a wide range of Hyundai construction and industrial equipment. Continue Reading »

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Renault-Nissan and Daimler’s Further Cooperation

Carlos Ghosn and Dieter Zetsche The Industrial giants Renault-Nissan и Daimler cooperated a long time ago, producing collective vehicle platforms and manufacturing facilities. But it was not enough for the heads of both companies – Carlos Ghosn (Renault-Nissan) and Dieter Zetsche (Daimler). Continue Reading »

Tom Linebarger chairman and CEO of Cummins Inc. Cummins Dual-Fuel Engines Solution At MINExpo International 2012, now being held in Las Vegas, Tom Linebarger chairman and CEO of Cummins Inc. reported that they continue working under the theme “ready for more” including the following basic ways. Continue Reading »

Ford President and CEO Alan Mulally Mulally has no Plans to Retire from Ford During the interview on CBS This Morning Ford President and CEO Alan Mulally was talking on a variety of topics from the question of trade tensions between the U.S. and China to discussion of the new 2013 Ford Fusion. However, the greatest interest was piqued when talking about his possible retirement. Continue Reading »

Jeremy Clarkson Top Gear Won a Guinness World Record A well-known television show Top Gear has collected a Guinness World Record as the most widely watched factual TV program in the world. The show is successfully viewed in 212 countries around the world. Continue Reading »

Olof Persson AB Volvo finishing in purchasing the shares of Deutz AG The Swedish auto-concern AB Volvo has recently signed an agreement under which the company is purchasing the opportunity to step-up its shareholding in Deutz AG from 6.7% up to just over 25%. The former shareholder Same Deutz-Fahr Group is going to sell its shares to AB Volvo at a price of EUR 5,88 per share. The whole amount of shares AB Volvo will be of 22,117,693. At this moment the Swedish auto-concern has the holdings of shares in 8,097,754 shares in total. Continue Reading »