Archive for April, 2010

Boston: Ford Transit Connect Taxi ‘fits the bill’

Saying the 2011 Ford Transit Connect Taxi “fits the bill,” the city of Boston this week became the first municipality in America to approve the versatile cab for taxi use, paving the way for taxi owners to purchase the new vehicle for their fleets. “We’re very impressed with the Transit Connect,” said Mark Cohen, director, [...]

Toyota announces voluntary recall on 2003 Model-Year Sequoia

Toyota announced it will conduct a voluntary safety recall on approximately 50,000 early-2003 Model-Year Toyota Sequoia sport utility vehicles to upgrade program logic in its Vehicle Stability Control (VSC) system. The VSC system can help control a loss of traction in turns as a result of front or rear tire slippage during cornering. In vehicles [...]

Daimler anticipates Group EBIT of more than Euro 4 billion in 2010

Group EBIT significantly positive in the first quarter of 2010 at euro 1,190 million (Q1 2009: minus euro 1,426 million) Net profit of euro 612 million (Q1 2009: net loss of euro 1,286 million) Revenue well above prior-year level at euro 21.2 billion (Q1 2009: euro 18.7 billion) Mercedes-Benz Cars anticipates EBIT of euro 2.5 [...]

Ford’s 2011 fleet vehicle lineup launches with 100 percent sustainable powertrain technology

Ford will offer 100 percent of its fleet vehicles this year with fuel-efficient powertrains and other sustainable technologies – including battery electric, hybrid, natural gas, propane, E-85, biodiesel (B20) and EcoBoost – making the Blue Oval the industry’s greenest full-line fleet provider. “Companies and the government are greening their fleets, and Ford is here to [...]

New Porsche Panamera Models Debut This Week in Beijing, China

The Panamera and Panamera 4 with an all-new, 300-horsepower Porsche V6 go on sale in June Porsche officially unveils its 300-horsepower V6 Panamera and Panamera 4 on April 23rd at Beijing Motor Show, just 600 miles away and one year after Porsche’s historic Panamera S, 4S and Turbo debut in Shanghai in 2009. The Panamera [...]