General Motors Co. said Monday it had more than doubled its current line of credit to $11 billion — a key step toward returning to investment-grade status. From The Detroit News:
General Motors Co. said Monday it had more than doubled its current line of credit to $11 billion — a key step toward returning to investment-grade status. From The Detroit News:
GM’s fifth-generation V-8 will spend more time in 4-cyl. mode, use Delphi-supplied GDI, boost efficiency with continuously variable valve timing and no longer will be produced in Romulus, MI.  By Wards Auto
More than 42.5 million motorists are expected to travel over 50 miles this Thanksgiving Holiday, making it one of the busiest holiday travel times of the year. AÂ group of elite professional truck drivers, with millions of accident-free miles, are offering advice on how to navigate through highway traffic safely. Story from Automotive Fleet
Blue Tree Systems, Inc. a provider of reefer monitoring, trailer tracking and in-cab fleet management systems, announced that RWI Transportation, a member company of the Castellini Group, has integrated the company’s R:COM Temperature Management system with TMW’s operating software to deliver live information from the reefer unit to front-line operations.  Story by CCJ
Germany’s BLG Logistics is organising its logistics services in China under a dedicated subsidiary in anticipation of an increase in exports from the country to European markets in the near future. “We are currently in the process of pooling our logistics services in China under the brand BLG China,” said
Ford announced a restructuring of its European operations last week that will see the closure of its Genk assembly facility in Belgium as well as two facilities in the UK: the Ford assembly plant in Southampton and its stamping and tooling operations in Dagenham.
Buy a diesel-powered APU. While your truck’s engine can use a gallon of diesel an hour idling, recent estimates indicate a diesel APU burns only about a fifth of that.
A Mitt Romney White House could reverse Obama administration support for higher fuel-economy standards and electric vehicles.
Hyundai and Kia overstated the gas mileage on most of their models from the past three years in an embarrassing blunder that could bring sanctions from the U.S. government and millions of dollars in payments to car owners.