GMs Chevrolet's Volts gets official EPA ratings, Comparison between all electric and all gasoline.

Finally the U.S. government has rated the much hyped GM's electric baby Chevrolet Volt.

Though the EPA fuel economy label is going to look a little different from the ones used on other cars since, it can run on electricity, gasoline, or a combination of both.

Because of the complexity of how the Volt operates, the fuel economy label will contain a host of other numbers so consumers can at least try to figure out what their own fuel economy will actually be.

The Volt, according to a preliminary Environmental Protection Agency label presented by GM, will get an estimated 93 miles per "gallon-equivalent" when driving under electric power only, 37 miles per gallon when burning gasoline and, over the long term, is estimated to get 60 miles per gallon in combined gasoline-powered and electric-powered driving.

According to the EPA label, the Volt can drive an estimated 35 miles on electricity stored in its battery before a gasoline engine comes on.

The 60 mpg figure, however, combines the miles-per-gallon figure, when running on only gasoline, and miles-per "gallon equivalent" number, when running on only electricity. Depending on how and how much they drive, consumers could actually be using considerably less gasoline than the 60 mpg figure would indicate.

GM executives said the label that will appear on early versions of the Chevrolet Volt is preliminary. The way the figures are displayed on the label may change in the future.

Src: [CNN]

GMs Chevrolet's Volts gets official EPA ratings, Comparison between all electric and all gasoline.

Finally the U.S. government has rated the much hyped GM's electric baby Chevrolet Volt.

Though the EPA fuel economy label is going to look a little different from the ones used on other cars since, it can run on electricity, gasoline, or a combination of both.

Because of the complexity of how the Volt operates, the fuel economy label will contain a host of other numbers so consumers can at least try to figure out what their own fuel economy will actually be.

The Volt, according to a preliminary Environmental Protection Agency label presented by GM, will get an estimated 93 miles per "gallon-equivalent" when driving under electric power only, 37 miles per gallon when burning gasoline and, over the long term, is estimated to get 60 miles per gallon in combined gasoline-powered and electric-powered driving.

According to the EPA label, the Volt can drive an estimated 35 miles on electricity stored in its battery before a gasoline engine comes on.

The 60 mpg figure, however, combines the miles-per-gallon figure, when running on only gasoline, and miles-per "gallon equivalent" number, when running on only electricity. Depending on how and how much they drive, consumers could actually be using considerably less gasoline than the 60 mpg figure would indicate.

GM executives said the label that will appear on early versions of the Chevrolet Volt is preliminary. The way the figures are displayed on the label may change in the future.

Src: [CNN]

GMs Chevrolet's Volts gets official EPA ratings, Comparison between all electric and all gasoline.

Finally the U.S. government has rated the much hyped GM's electric baby Chevrolet Volt.

Though the EPA fuel economy label is going to look a little different from the ones used on other cars since, it can run on electricity, gasoline, or a combination of both.

Because of the complexity of how the Volt operates, the fuel economy label will contain a host of other numbers so consumers can at least try to figure out what their own fuel economy will actually be.

The Volt, according to a preliminary Environmental Protection Agency label presented by GM, will get an estimated 93 miles per "gallon-equivalent" when driving under electric power only, 37 miles per gallon when burning gasoline and, over the long term, is estimated to get 60 miles per gallon in combined gasoline-powered and electric-powered driving.

According to the EPA label, the Volt can drive an estimated 35 miles on electricity stored in its battery before a gasoline engine comes on.

The 60 mpg figure, however, combines the miles-per-gallon figure, when running on only gasoline, and miles-per "gallon equivalent" number, when running on only electricity. Depending on how and how much they drive, consumers could actually be using considerably less gasoline than the 60 mpg figure would indicate.

GM executives said the label that will appear on early versions of the Chevrolet Volt is preliminary. The way the figures are displayed on the label may change in the future.

Src: [CNN]

GMs Chevrolet's Volts gets official EPA ratings, Comparison between all electric and all gasoline.

Finally the U.S. government has rated the much hyped GM's electric baby Chevrolet Volt.

Though the EPA fuel economy label is going to look a little different from the ones used on other cars since, it can run on electricity, gasoline, or a combination of both.

Because of the complexity of how the Volt operates, the fuel economy label will contain a host of other numbers so consumers can at least try to figure out what their own fuel economy will actually be.

The Volt, according to a preliminary Environmental Protection Agency label presented by GM, will get an estimated 93 miles per "gallon-equivalent" when driving under electric power only, 37 miles per gallon when burning gasoline and, over the long term, is estimated to get 60 miles per gallon in combined gasoline-powered and electric-powered driving.

According to the EPA label, the Volt can drive an estimated 35 miles on electricity stored in its battery before a gasoline engine comes on.

The 60 mpg figure, however, combines the miles-per-gallon figure, when running on only gasoline, and miles-per "gallon equivalent" number, when running on only electricity. Depending on how and how much they drive, consumers could actually be using considerably less gasoline than the 60 mpg figure would indicate.

GM executives said the label that will appear on early versions of the Chevrolet Volt is preliminary. The way the figures are displayed on the label may change in the future.

Src: [CNN]

Mahindra & Mahindra's SsangYong acquisition is almost done, pays $ 463 million for 70% authority

Mahindra & Mahindra (M&M) Indian leading SUVs maker on 23 Nov said it has signed a definitive agreement with Korean(South) Automaker SsangYong Motor Company (SYMC) to acquire 70 percent stake for $463 million which include $378-million of new SsangYong stocks and $85-million of SsangYong bonds.

M&M said it acquisition may be done by end of March 2011.

Recently, Mahindra & Mahindra (M&M) has received a green signal from the court in Seoul and the company has also reached to an agreement with the SsangYong labour union.

Mahindra & Mahindra (M&M) has signed a tripartite agreement that contains provisions for employment protection, long-term investment and commitment for no labor dispute. SsangYong is likely to retain Korean management after the acquisition.

"The coming together of Mahindra and SsangYong will result in a competitive global UV player. Together with its financial capability, Mahindra offers competence in sourcing and marketing strategy while SsangYong has strong capabilities in technology," M&M president (automotive & farm equipment sectors) Pawan Goenka said.

He said there was also an opportunity to introduce a premium portfolio of SUVs in the Indian market, providing a new growth avenue for SsangYong and "further strengthen our dominant position in the UV segment".

SsangYong Motors is a major manufacturer of sports utility vehicles (SUV) and recreational vehicles (RV), thus giving Mahindra & Mahindra (M&M) a wide market to make mark.

Src: [NDTV]

Mahindra & Mahindra's SsangYong acquisition is almost done, pays $ 463 million for 70% authority

Mahindra & Mahindra (M&M) Indian leading SUVs maker on 23 Nov said it has signed a definitive agreement with Korean(South) Automaker SsangYong Motor Company (SYMC) to acquire 70 percent stake for $463 million which include $378-million of new SsangYong stocks and $85-million of SsangYong bonds.

M&M said it acquisition may be done by end of March 2011.

Recently, Mahindra & Mahindra (M&M) has received a green signal from the court in Seoul and the company has also reached to an agreement with the SsangYong labour union.

Mahindra & Mahindra (M&M) has signed a tripartite agreement that contains provisions for employment protection, long-term investment and commitment for no labor dispute. SsangYong is likely to retain Korean management after the acquisition.

"The coming together of Mahindra and SsangYong will result in a competitive global UV player. Together with its financial capability, Mahindra offers competence in sourcing and marketing strategy while SsangYong has strong capabilities in technology," M&M president (automotive & farm equipment sectors) Pawan Goenka said.

He said there was also an opportunity to introduce a premium portfolio of SUVs in the Indian market, providing a new growth avenue for SsangYong and "further strengthen our dominant position in the UV segment".

SsangYong Motors is a major manufacturer of sports utility vehicles (SUV) and recreational vehicles (RV), thus giving Mahindra & Mahindra (M&M) a wide market to make mark.

Src: [NDTV]

Mahindra & Mahindra's SsangYong acquisition is almost done, pays $ 463 million for 70% authority

Mahindra & Mahindra (M&M) Indian leading SUVs maker on 23 Nov said it has signed a definitive agreement with Korean(South) Automaker SsangYong Motor Company (SYMC) to acquire 70 percent stake for $463 million which include $378-million of new SsangYong stocks and $85-million of SsangYong bonds.

M&M said it acquisition may be done by end of March 2011.

Recently, Mahindra & Mahindra (M&M) has received a green signal from the court in Seoul and the company has also reached to an agreement with the SsangYong labour union.

Mahindra & Mahindra (M&M) has signed a tripartite agreement that contains provisions for employment protection, long-term investment and commitment for no labor dispute. SsangYong is likely to retain Korean management after the acquisition.

"The coming together of Mahindra and SsangYong will result in a competitive global UV player. Together with its financial capability, Mahindra offers competence in sourcing and marketing strategy while SsangYong has strong capabilities in technology," M&M president (automotive & farm equipment sectors) Pawan Goenka said.

He said there was also an opportunity to introduce a premium portfolio of SUVs in the Indian market, providing a new growth avenue for SsangYong and "further strengthen our dominant position in the UV segment".

SsangYong Motors is a major manufacturer of sports utility vehicles (SUV) and recreational vehicles (RV), thus giving Mahindra & Mahindra (M&M) a wide market to make mark.

Src: [NDTV]

Mahindra & Mahindra's SsangYong acquisition is almost done, pays $ 463 million for 70% authority

Mahindra & Mahindra (M&M) Indian leading SUVs maker on 23 Nov said it has signed a definitive agreement with Korean(South) Automaker SsangYong Motor Company (SYMC) to acquire 70 percent stake for $463 million which include $378-million of new SsangYong stocks and $85-million of SsangYong bonds.

M&M said it acquisition may be done by end of March 2011.

Recently, Mahindra & Mahindra (M&M) has received a green signal from the court in Seoul and the company has also reached to an agreement with the SsangYong labour union.

Mahindra & Mahindra (M&M) has signed a tripartite agreement that contains provisions for employment protection, long-term investment and commitment for no labor dispute. SsangYong is likely to retain Korean management after the acquisition.

"The coming together of Mahindra and SsangYong will result in a competitive global UV player. Together with its financial capability, Mahindra offers competence in sourcing and marketing strategy while SsangYong has strong capabilities in technology," M&M president (automotive & farm equipment sectors) Pawan Goenka said.

He said there was also an opportunity to introduce a premium portfolio of SUVs in the Indian market, providing a new growth avenue for SsangYong and "further strengthen our dominant position in the UV segment".

SsangYong Motors is a major manufacturer of sports utility vehicles (SUV) and recreational vehicles (RV), thus giving Mahindra & Mahindra (M&M) a wide market to make mark.

Src: [NDTV]

Tata to hire 1500 engineers for its UK Jaguar plant

TATA's Jaguar Land Rover, come with good news as the company has started recruiting for new posts.

It has already announced 1500 new UK posts. But three times that number may be needed if the company's strategy goes to plan, The Telegraph reports.

During recession, JLR was set to close one of its three UK manufacturing plants. That has now been shelved.

The company says, it has received 13,000 applications for 1,500 new jobs.

The latest, smallest and most fuel-efficient Range Rover will be built at the Halewood plant on Merseyside.

- ANI Inputs

Tata to hire 1500 engineers for its UK Jaguar plant

TATA's Jaguar Land Rover, come with good news as the company has started recruiting for new posts.

It has already announced 1500 new UK posts. But three times that number may be needed if the company's strategy goes to plan, The Telegraph reports.

During recession, JLR was set to close one of its three UK manufacturing plants. That has now been shelved.

The company says, it has received 13,000 applications for 1,500 new jobs.

The latest, smallest and most fuel-efficient Range Rover will be built at the Halewood plant on Merseyside.

- ANI Inputs

Tata to hire 1500 engineers for its UK Jaguar plant

TATA's Jaguar Land Rover, come with good news as the company has started recruiting for new posts.

It has already announced 1500 new UK posts. But three times that number may be needed if the company's strategy goes to plan, The Telegraph reports.

During recession, JLR was set to close one of its three UK manufacturing plants. That has now been shelved.

The company says, it has received 13,000 applications for 1,500 new jobs.

The latest, smallest and most fuel-efficient Range Rover will be built at the Halewood plant on Merseyside.

- ANI Inputs

Tata to hire 1500 engineers for its UK Jaguar plant

TATA's Jaguar Land Rover, come with good news as the company has started recruiting for new posts.

It has already announced 1500 new UK posts. But three times that number may be needed if the company's strategy goes to plan, The Telegraph reports.

During recession, JLR was set to close one of its three UK manufacturing plants. That has now been shelved.

The company says, it has received 13,000 applications for 1,500 new jobs.

The latest, smallest and most fuel-efficient Range Rover will be built at the Halewood plant on Merseyside.

- ANI Inputs

US Govt plans to set new fuel efficiency rules for Trucks.

For the commitment to the Greener world, the Obama administration is preparing a draft for proposed fuel-efficiency standards for medium- and heavy-duty trucks that would begin in 2014 and extend through 2018, according to a some media report.

In May, President Barack Obama signed a memorandum directing the EPA and National Highway Traffic Safety Administration to co-write the first-ever fuel-efficiency standards for medium- and heavy-duty trucks.

"I believe it's possible in the next 20 years for vehicles to use half the fuel and produce half the pollution that they do today," Obama said at a White House ceremony at the time.

Margo Oge, director of the EPA's Office of Transportation and Air Quality, said an announcement would happen “soon,” The Detroit News reported today. The newspaper said details could be released as early as Monday.

In US Heavy-duty trucks account for a large percentage of emissions which consume more than 2 million barrels of oil every day and has an average of 6.1 mpg and emit 20 percent of the greenhouse gases.

This new proposal could reduce greenhouse gas emissions by 250 million metric tons over five years, The News reported.

Under the new medium- and heavy-duty truck rules, manufacturers would be encouraged to replace old diesel engines with new, cleaner diesels. The government already has spent $200 million on the effort since 2005.

New diesel engines emit 90 percent fewer environmental pollutants, including those that contribute to smog, compared with engines made 20 years ago, Reuters reported.

- Autonews Inputs

US Govt plans to set new fuel efficiency rules for Trucks.

For the commitment to the Greener world, the Obama administration is preparing a draft for proposed fuel-efficiency standards for medium- and heavy-duty trucks that would begin in 2014 and extend through 2018, according to a some media report.

In May, President Barack Obama signed a memorandum directing the EPA and National Highway Traffic Safety Administration to co-write the first-ever fuel-efficiency standards for medium- and heavy-duty trucks.

"I believe it's possible in the next 20 years for vehicles to use half the fuel and produce half the pollution that they do today," Obama said at a White House ceremony at the time.

Margo Oge, director of the EPA's Office of Transportation and Air Quality, said an announcement would happen “soon,” The Detroit News reported today. The newspaper said details could be released as early as Monday.

In US Heavy-duty trucks account for a large percentage of emissions which consume more than 2 million barrels of oil every day and has an average of 6.1 mpg and emit 20 percent of the greenhouse gases.

This new proposal could reduce greenhouse gas emissions by 250 million metric tons over five years, The News reported.

Under the new medium- and heavy-duty truck rules, manufacturers would be encouraged to replace old diesel engines with new, cleaner diesels. The government already has spent $200 million on the effort since 2005.

New diesel engines emit 90 percent fewer environmental pollutants, including those that contribute to smog, compared with engines made 20 years ago, Reuters reported.

- Autonews Inputs

US Govt plans to set new fuel efficiency rules for Trucks.

For the commitment to the Greener world, the Obama administration is preparing a draft for proposed fuel-efficiency standards for medium- and heavy-duty trucks that would begin in 2014 and extend through 2018, according to a some media report.

In May, President Barack Obama signed a memorandum directing the EPA and National Highway Traffic Safety Administration to co-write the first-ever fuel-efficiency standards for medium- and heavy-duty trucks.

"I believe it's possible in the next 20 years for vehicles to use half the fuel and produce half the pollution that they do today," Obama said at a White House ceremony at the time.

Margo Oge, director of the EPA's Office of Transportation and Air Quality, said an announcement would happen “soon,” The Detroit News reported today. The newspaper said details could be released as early as Monday.

In US Heavy-duty trucks account for a large percentage of emissions which consume more than 2 million barrels of oil every day and has an average of 6.1 mpg and emit 20 percent of the greenhouse gases.

This new proposal could reduce greenhouse gas emissions by 250 million metric tons over five years, The News reported.

Under the new medium- and heavy-duty truck rules, manufacturers would be encouraged to replace old diesel engines with new, cleaner diesels. The government already has spent $200 million on the effort since 2005.

New diesel engines emit 90 percent fewer environmental pollutants, including those that contribute to smog, compared with engines made 20 years ago, Reuters reported.

- Autonews Inputs

US Govt plans to set new fuel efficiency rules for Trucks.

For the commitment to the Greener world, the Obama administration is preparing a draft for proposed fuel-efficiency standards for medium- and heavy-duty trucks that would begin in 2014 and extend through 2018, according to a some media report.

In May, President Barack Obama signed a memorandum directing the EPA and National Highway Traffic Safety Administration to co-write the first-ever fuel-efficiency standards for medium- and heavy-duty trucks.

"I believe it's possible in the next 20 years for vehicles to use half the fuel and produce half the pollution that they do today," Obama said at a White House ceremony at the time.

Margo Oge, director of the EPA's Office of Transportation and Air Quality, said an announcement would happen “soon,” The Detroit News reported today. The newspaper said details could be released as early as Monday.

In US Heavy-duty trucks account for a large percentage of emissions which consume more than 2 million barrels of oil every day and has an average of 6.1 mpg and emit 20 percent of the greenhouse gases.

This new proposal could reduce greenhouse gas emissions by 250 million metric tons over five years, The News reported.

Under the new medium- and heavy-duty truck rules, manufacturers would be encouraged to replace old diesel engines with new, cleaner diesels. The government already has spent $200 million on the effort since 2005.

New diesel engines emit 90 percent fewer environmental pollutants, including those that contribute to smog, compared with engines made 20 years ago, Reuters reported.

- Autonews Inputs

Tata Motors plans to setup 1000 kiosk for Tata Nano

In order for the easy distribution of Tata Nano across India, Tata Motors plans to setup more than a 1,000 kiosks across India to sell the car, especially in areas where it has no dealerships.

If this strategy works it will double its sales and despatches to 20,000 Nanos a month from 9,000 at present.

"Customers will be able to take a closer look at and test drive the Tata Nano across all Tata Motors dealerships and special Nano access points. Tata Motors has also tied up with 25 banks to offer customers with loans for purchasing Tata Nano at attractive rates of interest,” said a Tata Motors spokesperson.

Tata Motors hopes to sell 2,50,000 Nanos a year for next fiscal.

Tata Motors plans to setup 1000 kiosk for Tata Nano

In order for the easy distribution of Tata Nano across India, Tata Motors plans to setup more than a 1,000 kiosks across India to sell the car, especially in areas where it has no dealerships.

If this strategy works it will double its sales and despatches to 20,000 Nanos a month from 9,000 at present.

"Customers will be able to take a closer look at and test drive the Tata Nano across all Tata Motors dealerships and special Nano access points. Tata Motors has also tied up with 25 banks to offer customers with loans for purchasing Tata Nano at attractive rates of interest,” said a Tata Motors spokesperson.

Tata Motors hopes to sell 2,50,000 Nanos a year for next fiscal.

Tata Motors plans to setup 1000 kiosk for Tata Nano

In order for the easy distribution of Tata Nano across India, Tata Motors plans to setup more than a 1,000 kiosks across India to sell the car, especially in areas where it has no dealerships.

If this strategy works it will double its sales and despatches to 20,000 Nanos a month from 9,000 at present.

"Customers will be able to take a closer look at and test drive the Tata Nano across all Tata Motors dealerships and special Nano access points. Tata Motors has also tied up with 25 banks to offer customers with loans for purchasing Tata Nano at attractive rates of interest,” said a Tata Motors spokesperson.

Tata Motors hopes to sell 2,50,000 Nanos a year for next fiscal.

Tata Motors plans to setup 1000 kiosk for Tata Nano

In order for the easy distribution of Tata Nano across India, Tata Motors plans to setup more than a 1,000 kiosks across India to sell the car, especially in areas where it has no dealerships.

If this strategy works it will double its sales and despatches to 20,000 Nanos a month from 9,000 at present.

"Customers will be able to take a closer look at and test drive the Tata Nano across all Tata Motors dealerships and special Nano access points. Tata Motors has also tied up with 25 banks to offer customers with loans for purchasing Tata Nano at attractive rates of interest,” said a Tata Motors spokesperson.

Tata Motors hopes to sell 2,50,000 Nanos a year for next fiscal.