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16 May 2008 year (time zone GMT 00:00)  Number of sources in English: 4954
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German minister urges Lower Saxony to increase VW shareholding to 25%

16.05.2008 13:43    autoindustry.co.uk
The German environment minister Sigmar Gabriel has said it would be advisable for the Land of Lower Saxony to increase its blocking minority stake in Volkswagen to 25% from the current 20%, in an interview with Nordwest-Zeitung newspaper recorded by


Canadian Auto Workers agree on pay with GM and Chrysler

16.05.2008 13:43    autoindustry.co.uk
CAW President Buzz Hargrove briefed media yesterday on the tentative pay agreement reached early in the day with General Motors, and confirmed that an agreement in principle had also been reached with Chrysler, subject to finalising contract language. No details

Jetstream Sportscars start-up seeks cash to avoid closure

16.05.2008 13:43    autoindustry.co.uk
A Redruth-based sports car manufacturer, Jetstream Sportscars, is expected to close within weeks unless it obtains finance refused by Finance Cornwall, reported The Cornishman paper yesterday. The company, with 10 employees and plans to employ 50 more, will be forced

Backdating of vehicle excise duty will increase CO2 output -ABD

16.05.2008 13:43    autoindustry.co.uk
The Association of British Drivers suggests that any saving in emissions from the changes to VED in the Budget will come almost entirely from the purchasing decisions of new car buyers and that the backdating element is likely to increase


Cavolution diesel additive tests claimed to show 19% fuel economy improvement

16.05.2008 13:43    autoindustry.co.uk
The Vancouver company Cavolution Advanced Fuels recently completed stage 3 trials of its BIOMEER-D (Biodegradable Mileage Enhancer Emission Reducer) additive for diesel engines with Canadian Diesel and 1% BIOMEER-D in light vehicles (under 5 tonnes). It reports the average increase

US Senate to debate bill to clear Californian emissions legislation

16.05.2008 13:43    autoindustry.co.uk
The Detroit News reported yesterday that the US Senate Environment and Public Works Committee plans to take up a bill next week that would grant California and 16 other US states the power to impose their own vehicle emissions standards.

Joe Jacuzzi to head GME product and brand communications

16.05.2008 13:43    autoindustry.co.uk
As of June 1, Joe Jacuzzi will be responsible for all brand, product development and technology communications for GM Europe, as General Director GME Product and Brand Communications, based at Ruesselsheim in Germany. All brand PR teams at Opel, Chevrolet,

Visteon promotes COO Stebbins to CEO

16.05.2008 13:43    autoindustry.co.uk
The board of directors of Visteon Corporation have elected Donald J. Stebbins as president and CEO, effective from 1st June. Stebbins, who was president and chief operating officer, succeeds Michael F. Johnston in the CEO role. Johnston will continue as

MUSIC engine shows 20% fuel economy improvement in first 4-cylinder test

16.05.2008 13:43    autoindustry.co.uk
The Merritt Unthrottled Spark Ignition Combustion (or MUSIC) engine, initially developed at Coventry University has, for the first time, undergone formal evaluation tests in a four cylinder form developed by Powertrain Technologies Ltd near Norwich with the aid of a

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