Tuesday, April 27, 2010

Gas 2.0

Gas 2.0

GM to Invest Almost $1 Billion in Upgrading Small Block Engine Plants

Posted: 27 Apr 2010 11:10 AM PDT

In a bid to increase capacity for the next generation of small block, fuel efficient engines, GM has announced that they will be investing $893 million in upgrading 5 existing North American engine-related facilities.

According to GM, the move will preserve or create 1,600 jobs. The upgrades are necessary to meet the increasingly stringent fuel economy and emissions standards just enacted by the EPA.

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Ford Fusion Hybrid Garners Another Win, But is it Bad Journalism?

Posted: 27 Apr 2010 10:14 AM PDT

Ford is having a great run of it. Just today they announced a $2.1 billion first quarter 2010 profit, which is up from 2009’s first quarter by $3.5 billion (yep, they lost $1.4 billion in Q1 2009). I don’t think there’s any other greater vote of confidence in their new line of products than that… but the good press on their products keeps on coming.

In a comparison on the San Francisco Chronicle website, out of 7 hybrids analyzed the Ford Fusion Hybrid came out number one in terms of how many years it will take to pay off the added cost of the hybrid system versus a non-hybrid model. According to the paper, at only 5.6 years the Fusion Hybrid beats the next closest competitor by almost 6 years. But is the analysis really meaningful or has the SF Chronicle bunged this one up badly?

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