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Saab funding from China likely delayed. Gets loan from North Street Capital
Thu, 20 Oct 2011Saab gets funds from North Street Capital Last week we had Saab and their Chinese ‘backers’ getting in a bit of a muddle over funding. Which is what we’ve come to expect. Saab were adamant that the quote attributed to the Pangda Chairman that the Saab deal was no longer valid was a ‘misunderstanding’.
Ford aims to improve comfort for workers on its assembly lines
Wed, 25 May 2011Ford Motor Co. is using a digital mannequin, customized to account for physical differences across regions, to determine how to make jobs less physically strenuous for its assembly-line workers. The digital worker avatar is based on Ford's virtual North American Jack and Jill workers.
GM unveils electric Cadillac Converj concept at the Detroit auto show
Sun, 11 Jan 2009General Motors pulled perhaps a surprise at the Detroit Auto Show Sunday morning, unveiling an eye-catching two-door Cadillac concept powered by a "future evolution" of the Chevrolet Volt's electric powertrain. Called the Converj, the Cadillac will have a range of 40 miles on electricity, with a potential total range of 700 miles after a generator kicks in. GM says the powertrain, formerly known as E-Flex, is now called Voltec, and could be used in a variety of applications.