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GM dismisses marketing chief Joel Ewanick
Sun, 29 Jul 2012UPDATED -- General Motors has dismissed global marketing chief Joel Ewanick two years after hiring him. "He failed to meet the expectations the company has of an employee," spokesman Greg Martin said Sunday, without elaborating. In a short statement, GM said Alan Batey, GM's vice president of U.S.
Cash for clunkers plan revives trade fight
Thu, 05 Feb 2009Import brand automakers and dealers warned on Thursday that a vehicle scrappage proposal before the Senate would violate trade agreements and could weaken the economy. The Senate could vote on the plan on Thursday, which would offer $10,000 to any moderate- or low-income consumer who trades in a car or truck that is at least 10 years old and buys a new one that is more fuel-efficient and "assembled in the United States." The trade-ins would be scrapped rather than resold. The U.S.-made mandate "smacks of the protectionism that led to the Great Depression," said Barbara Nocera, the top Washington lobbyist for Mazda North American Operations.
Algae-derived biodiesel blend hits San Francisco-area gas stations
Thu, 15 Nov 2012Environmentally conscious drivers may have a new way of fueling up: a diesel fuel blend that consists of 20 percent algae-derived biofuel and 80 percent regular diesel arrived at four gas stations in the San Francisco Bay area earlier this week. According to the San Francisco Chronicle, the fuel retails for $4.25 per gallon—the same cost as conventional diesel in the region. B20 is billed as compatible with any diesel-powered vehicle.