Archive for January, 2009
Fiat Group, Chrysler LLC and Cerberus Capital Management L.P. announce plans for a global strategic alliance
Fiat S.p.A., Chrysler LLC (Chrysler) and Cerberus Capital Management L.P., the private investment majority owner of Chrysler LLC, announced yesterday they have signed a non-binding term sheet to establish a global strategic alliance.
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Press release: Daimler AG and Continental receive “Yellow Angel” award for lithium-ion technology
Stuttgart – The ADAC (German Automobile Association) has awarded its “Gelber Engel 2009” (Yellow Angel) to Daimler AG and its systems partner Continental in the Innovation & Environment category. The Stuttgart carmaker was selected for the award by Europe’s largest automobile club in recognition of its lithium-ion battery, the first such battery ever to be […]
Press Release: Lexus debuts HS250h at Detroit
Lexus revealed the HS250h, the world’s first dedicated luxury hybrid vehicle, at the North American International Auto Show. The HS250h will be Lexus’ fourth hybrid and the most fuel-efficient vehicle in its lineup. It also will be the first Lexus to use carbon-neutral Ecological Plastic materials in a new futuristic cockpit and interior design.
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