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ENER1 FY Net Sales Up

ENER1, a developer of lithium-ion batteries for hybrid and pure electric vehicles, has reported net sales of $34.8m for the full year ended December 31, 2009, compared to $6.84m for the comparable period in 2008.
 

Audi Selects Novelis As Supplier of Aluminum Sheet

Audi has selected Novelis as the main supplier of aluminum sheet for the redesigned Audi A8 luxury sedan. The latest model will use Novelis Fusion technology to achieve weight savings not previously possible in automotive structural components.
 

NNA Unveils Nissan NV In North America

Nissan North America (NNA) has unveiled the all-new Nissan NV, the first entry in the company's new Nissan commercial vehicle lineup in North America.
 

Navistar Q1 Sales and Revenues Down

Navistar International Corporation has reported sales and revenues of $2.8 billion for the fiscal first quarter ended January 31, 2010, compared to $2.97 billion for the comparable period in 2009.
 

GE, Navistar and NFC Expand Financing Alliance

GE, Navistar International Corporation and Navistar Financial Corporation (NFC) have jointly expanded financing relationship under which GE Capital will become Navistar’s preferred provider of retail financing solutions to support sales of Navistar trucks and school buses in the US.
 

Navistar Proposes World Headquarters Plan For Lisle Lucent Campus

Navistar is proposing to invest more than $100m to move its world headquarters to Lisle, Illinois, at the site of the former East Lucent Campus, generating and preserving more than 7,000 direct and indirect jobs for Lisle–all with a plan that is compatible with the surrounding community and preserves a Fortune 500 headquarters in Illinois.
 

General Automotive Announces Revised JV With SenCer

General Automotive Company has announced a revised JV with SenCer to develop, commercialize and market SenCer's UltraTemp ceramic composite materials for accelerating the development of energy-efficient, environmentally friendly fuel cell technologies.
 

China XD Signs Distribution Agreement With NHNM

China XD Plastics Company, a manufacturer of modified plastics for use in the automotive applications, has signed a one-year non-exclusive agreement with Ningbo Huading New Material Technology Company (NHNM).
 

Autoliv Acquires Visteon’s Radar System Business

Autoliv, a manufacturer of automotive safety systems, has acquired Visteon’s radar system business. This acquisition in active safety systems follows upon the company’s 2008 acquisition of the automotive radar business from Tyco Electronics.
 

GM Names New Vice President of Communications

General Motors (GM) has named Selim Bingol as its new vice president of communications, effective March 8, 2010. Mr Bingol will report to Ed Whitacre, chairman and CEO of the company. He has experience in all facets of communications.
 

Nova Bus Wins $10m Supply Order From City of Honolulu

Nova Bus has won a $10m order to supply 24 Nova LFS buses for the City of Honolulu with options on additional vehicles. The buses will be assembled in Nova's upstate New York plant and delivered in late 2010. The vehicles will feature clean diesel engines that meet strict EPA 2010 emissions regulations.
 

BMW Group FY Revenues Down 4.7%

The BMW Group has reported revenues of E50.68 billion for the full year 2009, a decrease of 4.7 percent, compared to E53.19 billion for the prior year period. Net Profit was E210m for 2009, a decrease of 36.4 percent, compared to E330m for the year ago period.
 

Navistar Unveils International TerraStar Class 4/5 Work Truck

Navistar has unveiled the International TerraStar Class 4/5 commercial truck. The truck features MaxxForce Advanced EGR emissions technology. The TerraStar will initially be available with a 4x2 drivetrain, with a 4x4 drivetrain planned for 2011.
 

A123 Signs Battery System Development Agreement With Navistar

A123 Systems, a developer of  batteries systems, has signed an agreement with Navistar International to develop lithium ion battery systems for electric vehicles (EVs) for the Navistar Modec Electric Vehicle Alliance, a joint venture between Navistar and Modec.
 

DS, BMW Sign Strategic Five-Year Agreement

Dassault Systemes (DS), a provider of product lifecycle management solutions, and German carmaker BMW have signed a strategic five-year global agreement to pave the way to meet the automotive market’s new challenges.
 

Standard Motor Q4 Net Sales Up

Standard Motor Products, a manufacturer of automotive replacement parts, has reported net sales of $160.12m for the fourth quarter ended December 31, 2009, compared to $148.87m for the same period in 2008.
 

Midas Posts Q4 Net Loss

Midas, a provider of automotive services, has reported a net loss of $0.2m, or $0.02 per diluted share, for the fiscal fourth quarter ended January 2, 2010, compared to net income of $2.7m, or $0.20 per diluted share, for the comparable period in 2008.
 

AT&T, WebTech To Improve Transportation Services For KART

AT&T and WebTech Wireless, a provider of vehicle fleet location-based services, have teamed up to help Kings Area Rural Transit (KART) to improve its rural transportation services.
 

Chrysler Makes Executive Appointments

Chrysler Group has named Steve Williams as head of advance engineering, planning and regulatory affairs. In that role, Mr Williams continues his responsibility for all advance engineering and assumes the company's regulatory and planning activities.
 

GM Vice Chairman To Retire

General Motors (GM) has said that its vice chairman Robert Lutz will retire effective May 1, 2010, capping a 47-year career in the global auto industry that included senior leadership positions at four leading automakers.
 
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