PONTIAC ? GPSi has closed $1 million in subordinated senior debt from Hennessey Capital of Huntington Woods to meet increased demand for its Guidepoint telematics service in Mexico and North America. GPSi said its business in Mexico has more than tripled since February 2005, when it launched the new digital telematics system, which was developed
DETROIT ? The U.S. Army?s National Automotive Center Monday at the 2005 SAE World Congress rolled out a hybrid light duty vehicle ? for homeland defense, military and commercial missions ? that the Army says will reduce costs by using the same non-automotive components. The MP Hybrid diesel-electric vehicle is developed in conjunction with Quantum
DETROIT ? General Motor?s newest SUV, the Chevy HHR, will be fitted with a new car stereo system that can play the iPod as well as other sportier GM vehicles slated for launch later this year. GM?s wrinkle on jumping on the iPod bankwagon is new radios in the HHR will feature a spare channel
GENEVA ? DaimlerChrysler rolled out a new fuel-cell power train on the Mercedes-Benz B-Class sports tourers at the 2005 Geneva Motor Show with a range of 250 miles. The high-torque electric motor will develop more than 100 kW - 35 kW more power than its predecessor generation. "With this car, we are continuing our highly
NEW ORLEANS ? Michgian-based aftermarket telematics supplier Guidepoint Systems on Sunday announced a new brand identity campaign that urges vehicle owners, You Drive. We?ll Do the Rest. The new brand campaign by the Pontiac-based telematics company was unveiled at the National Automotive Dealers Association Annual Convention and Exposition. Guidepoint said the new identity ? centered
DETROIT - DaimlerChrysler will partner with General Motors in a bid to develop a new generation of hybrid powertrains - and battle Japanese manufacturers which lead in this environmentally safer, less foreign-petroleum dependent market segment to power 21st century cars and trucks. GM and DC have signed a tentative agreement to develop a two-stage hybrid
FLINT - Eaton Corporation donated $10,000 to K. Joel Berry, who heads up the Kettering University Mechanical Engineering department, to help pay for a graduate student to do research on integrating fuel cells into automotive power trains to provide clean hydrogen power for cars and trucks. The check is part of a $40,000 four-year pledge.
OMAHA, Neb. - Werner Enterprises has become the only trucking company in the United States to be granted an exemption from the U.S. Transportation Department?s Federal Motor Carrier Safety Administration agency to use Global Positioning System technology to record drivers' hours-of-service, replacing paper logs. The two-year exemption is a milestone for Werner Enterprises and the
AUBURN HILLS - Clarity Technologies has signed an exclusive agreement with ISP Technologies to complete the development and commercialization of its Intelligent Surround technology for auto and home theatre markets. ISP Technologies' Intelligent Surround can decode any stereo signal into multidimensional, multi-channel surround sound. ?This is a natural extension of our capabilities and a highly
DETROIT - Laws banning the use of cell phones while driving would have little effect on the number of accidents, according to a new analysis of driver statistics co-authored by UC Davis economist James Prieger and Robert Hahn, executive director of the American Enterprise Institute-Brookings Joint Centre for Regulatory Studies. The study - The Impact