Tag: Daimler Chrysler

BorgWarner’s R2S® Turbocharging Technology Drives First Four-Cylinder Engine …

AUBURN HILLS, Mich., Jan. 17, 2012 — /PRNewswire/ –#xA0;BorgWarners award-winning regulated two-stage (R2S#xAE;) turbocharging technology boosts performance while helping improve fuel efficiency and lower emissions for the first four-cylinder engine in the history of the Mercedes S-Class. The 2.2-liter diesel S 250 CDI BlueEFFICIENCY is the first car in the luxury segment to consume less than 6 liters of fuel per 100 km.

(Photo: http://photos.prnewswire.com/prnh/20120117/DE36400#xA0;)

BorgWarners highly efficient turbocharging technology meets the highest demands in performance, fuel economy and emissions, said Frederic Lissalde, President and General Manager, BorgWarner Turbo Systems Passenger Car Products. We are pleased to collaborate with Mercedes-Benz to set new benchmarks for powerful downsized diesel engines in the luxury segment without compromising performance.

To develop a state-of-the-art engine featuring low-end torque, responsiveness, high output and low emissions, Mercedes-Benz chose BorgWarners regulated two-stage turbocharging system for the new four-cylinder diesel engine. The compact R2S system consists of one small KP39 high-pressure exhaust gas turbocharger and one large K04 low-pressure exhaust gas turbocharger. The high-pressure turbine is first driven by the exhaust gas, revolving at up to 215,000#xA0;rpm. BorgWarner engineers integrated a bypass into the high-pressure turbine casting which allows the turbines to be controlled based on engine speed and generate optimum boost pressure over the entire engine speed range with excellent torque characteristics. The R2S turbocharging technology fulfills the requirements of state-of-the-art engine concepts, allowing maximum exhaust gas recirculation rates even under full load conditions while significantly reducing NOx emissions.

While still offering excellent dynamics, the engine provides its maximum torque from just 1,600#xA0;rpm in the S 250 CDI and achieves a fuel consumption rating of only 5.7 liters per 100 kilometers (41 mpg). This equates to CO2 emissions of 149 g/km (240 grams/mile).

About BorgWarner

Auburn Hills, Michigan-based BorgWarner Inc. (NYSE: BWA) is a technology leader in highly engineered components and systems for powertrain applications worldwide. Operating manufacturing and technical facilities in 59 locations in 19 countries, the company develops products to improve fuel economy, reduce emissions and enhance performance. Customers include VW/Audi, Ford, Toyota, Renault/Nissan, General Motors, Hyundai/Kia, Daimler, Chrysler, Fiat, BMW, Honda, John Deere, PSA, and MAN. For more information, please visit www.borgwarner.com.

SOURCE BorgWarner Inc.

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BorgWarner Turbocharging Technologies Help Ford EcoBoost® Engines Increase …

AUBURN HILLS, Mich., Jan. 5, 2012 /PRNewswire via COMTEX/ —
Two BorgWarner turbochargers boost the fuel-efficient Ford 3.5-liter V6 EcoBoost direct injection engine, which powers the 2012 Ford F-150 pickup. Delivering best-in-class torque, towing capability and payload, the EcoBoost-powered F-150 has enjoyed strong sales since its North American launch in February, 2011. EcoBoost has been so successful with F-150 customers looking for maximum capability and fuel efficiency that Ford expected to sell at least 100,000 units by the end of 2011 and EcoBoost is 42 percent of the F-150’s engine mix.

BorgWarner’s turbocharging technology helps the 3.5-liter EcoBoost engine increase fuel economy up to 20 percent compared with its predecessor, achieving an EPA rating of 22 mpg on the highway. BorgWarner’s turbochargers are also in high demand for Ford’s 1.6-liter and 2.0-liter four-cylinder EcoBoost engines, the latter launching in the U.S. in the 2012 Explorer and 2012 Edge models, and in China with production of the Ford Mondeo in Changan in 2011. Ford’s global family of EcoBoost engines now includes 1.0-liter, 1.6-liter, 2.0-liter and two versions of a 3.5-liter engine (for cars and crossovers, and the F-150).

“The steady increase in Ford EcoBoost engine sales demonstrates that BorgWarner’s turbocharging technologies meet the market’s demand for improved fuel economy and outstanding performance, from small cars to light-duty vehicles,” said Frederic Lissalde, President and General Manager, BorgWarner Turbo Systems Passenger Car Products. “We are pleased to further expand our partnership with Ford, allowing customers worldwide to benefit from more power at the pedal, more miles to the gallon and lower emissions.”

During the development process for the F-150, a rigid testing protocol for the 3.5-liter V6 EcoBoost engine was conducted, replicating more than 1.6 million miles under the harshest conditions. BorgWarner’s turbocharging technologies proved their reliability even under the highest external stresses during these tests. BorgWarner’s state-of-the-art technology enables the 3.5-liter engine to deliver an impressive power output of 365 HP at 5,000 rpm. The maximum torque of 570 Nm is available over a wide dynamic range, starting at 2,500 rpm. With up to 90 percent of the peak torque available from 1,700 rpm to 5,000 rpm, the V6 EcoBoost engine delivers superior performance compared with naturally aspirated V8 engines, which typically reach peak torque at higher engine speeds and hold it for a much smaller range.

About BorgWarner

Auburn Hills, Michigan-based BorgWarner Inc.

/quotes/zigman/131196/quotes/nls/bwa BWA

is a technology leader in highly engineered components and systems for powertrain applications worldwide. Operating manufacturing and technical facilities in 59 locations in 19 countries, the company develops products to improve fuel economy, reduce emissions and enhance performance. Customers include VW/Audi, Ford, Toyota, Renault/Nissan, General Motors, Hyundai/Kia, Daimler, Chrysler, Fiat, BMW, Honda, John Deere, PSA, and MAN. For more information, please visit
www.borgwarner.com .

BorgWarner’s turbocharging technologies boost performance and helps lower emissions for the 2012 Ford F-150 3.5-liter V6 EcoBoost engine.

Statements contained in this news release may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management’s current outlook, expectations, estimates and projections. Words such as “anticipates,” “believes,” “continues,” “could,” “designed,” “effect,” “estimates”, “evaluates,” “expects,” “forecasts,” “goal,” “initiative,” “intends,” “outlook,” “plans,” “potential,” “project,” “pursue,” “seek,” “should,” “target,” “when,” “would,” variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ materially from those expressed, projected or implied in or by the forward-looking statements. Such risks and uncertainties include: fluctuations in domestic or foreign vehicle production, the continued use by original equipment manufacturers of outside suppliers, fluctuations in demand for vehicles containing our products, changes in general economic conditions, as well as other risks noted reports that we file with the Securities and Exchange Commission, including the Risk Factors identified in our most recently filed Annual Report on Form 10-K. We do not undertake any obligation to update or announce publicly any updates to or revision to any of the forward-looking statements.

SOURCE BorgWarner Inc.

Copyright (C) 2012 PR Newswire. All rights reserved


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Growing Competition In Automobile Industry

As Africas supposedly largest automobile market continues to open its doors to new players, more dealerships are in collaboration with their principals seeking ways to explore inherent opportunities in the industry. FLORENCE UDOH writes

At the last count, no fewer than 30 brands of automobiles are today represented by franchised dealerships in Nigeria.

And they are all jostling for patronage in Africas biggest market. The market which has also become proactive perhaps because of its peculiar nature is viewed by global automakers as the fortress of automobile market South- west of the Sahara.

Although getting precise data of new vehicle imports into the country could sometimes be a challenge, dealerships and their principals may have overcome this stunning challenge. The Nigerian automobile market, according to them, has potentials to grow exponentially and even double its size in less than ten years time.

Unverified statistics put the combined new vehicle imports to Nigeria last year at about 70,000 units from a staggering 10, 000 some eight years ago.

This figure does not however include fairly used imports (Tokunbo), as well as lsquo;grey imports (unauthorised marques) that are occasionally ferried into the country by night through porous borders. Even so, more brands are seeking to register their mark in Nigeria to have a bite of the juicy market that is growing geometrically.

One of the latest entrants is Indian owned TATA Motors that though marketed by an Indian dealer, Bhojwani Brothers, but now controlled by the owners of the brand.

Like other representatives, TATA seeks to have a bite of both the commercial/truck vehicle segment and the passenger car segment. For now TATA is desperately seeking to appoint local dealerships to help distribute its products all over Nigeria. One of the criteria for dealership, according to the company, is that the applicant must have a reputable workshop to handle the brand.

Nothing seems able yet to tame the growth potentials of the market which from all indications appear to be attracting more interest.

Until recently, Peugeot had towered above rival brands, importing approximately 200, 000 units annualy while Nissan/Datsun followed closely with about 110, 000 imports and Toyota 56, 000 units.

But the entrance of new players, especially Chinese imports, has given the market a new twist. Some of the Chinese brands represented in this market include, KIA, Chery, Jinbei, Quingoi, Geely, Foton, BYD, LandMark, GrandTiger, JAC and Chana range of automobiles among others.

The list of other major brands is similarly endless. They include Ford, Rover, GM, Chevrolet, Isuzu, Daimler Chrysler, Mercedes Benz, Volvo, BMW, Volkswagen, Chevrolet, Peugeot, Mazda, Honda, Renault, Dacia and Hyundai.

Others are, Skoda, Audi, Mitsubishi, Nissan, Toyota, Suzuki, Porsche, Tata, Maruti and Mahindra.

In the truck segment, Iveco, Fiat, International, Leyland, Mercedes Benz, Kamaz, and DAF hold sway.

Importers of motorcycles like their automobile counterparts are similarly finding solace in the local market and are exploring all opportunities to usurp the market shares of one time Nigerias foremost motorcycle assembly plant, Honda Manufacturing Nigeria.

Currently numbering over 30 variants, statistics put the number of motorcycles import to Nigeria at almost 600,000 units annually.

Yan Jiang, executive president, Geely International, captured the growth potential better when he noted at a forum in Lagos that the Nigerian market was so significant to Geely International and would not hesitate to site a plant in the country.

Hyra Motors Limited, representatives of Geely in Nigeria has since it was appointed Geely dealership in Nigeria made striking effort to popularise the brand.

Similarly, David Bakare, Chief executive, Chery Motors Limited, marketers of Chinese engineered Chery vehicles is confident that the brand would succeed in Nigeria. He said the quality of Chinese engineered vehicles compare with rival brands from Japan.

Peugeot Automobile Nigeria is though the only surviving local passenger car plant, the federal government has divested its stakes in the company. It is now managed by independent investors who are determined to raise the bar for the brand.

Meanwhile, Toyota Nigeria Limited, brand custodian of Toyota has continued to chart the way in the countrys automobile market, leading the pack with yet insurmountable sales record. The company currently imports 70 per cent of the combined new vehicle imports to Nigeria. Although the company has no clear cut marketing strategy, its renowned global identity has continued to pave the way for Toyota in the local market.

It has continued to strengthen its dealership network that are mostly situated in and around Lagos, South West Nigeria.

The Stallion Group are however has multiple franchise dealerships with interest in Audi, Volkswagen, Skoda, Porsche, Hyundai, Honda and Mahindra vehicles. The company championed car financing schemes and other marketing bonanzas that it uses to woo buyers. Stallion currently remains the only single marketer with the largest numbers of automobile franchise in Nigeria.

The endorsement of Alliance Autos Limited dealership two years ago to market Nissan in Nigeria has also helped to transform the future of the brand.

Dana Motors Limited, marketers of Kia, has similarly been proactive in its exceptional marketing strategies that essentially seek to woo upwardly mobile executives to buy Kia vehicles. Dana has also effectively combined effective marketing mix to position Kia brand in Nigeria.

CFAO, the French conglomerate has also been springing surprises lately with the acquisition of additional franchises. Until recently, it was only visible as Peugeot marketer but today, it markets and distributes Chevrolet, Mitsubishi, Iveco, GM and Renault range of vehicles. GM Nigeria, currently the oldest vehicle plant in Nigeria, has managed to keep its plant afloat in spite of all odds. Its Isuzu Pickups are widely used by law enforcement agents and banks.

Kewalram Motors, the automobile subsidiary of the Chanrai Group is the countrys franchise holder for Mitsubishi vehicles. The company may be discreet in its marketing strategies; it is obvious that the company controls a significant share of the light truck and passenger car segments.

The return of BriscoeFord and its subsequent acquisition of the Ford franchise has added value to the fifty-year old company, which after relinquishing its stake in Toyota Nigeria almost went under. The company however still markets Toyota vehicles though with key interest in after sales.

Coscharis Motors, though markets Ford, it combines the responsibility with the BMW and Rover franchises which it has hyped.

Being one of the most visible trucks on Nigerian roads, Van Vliet Nigeria Limited, marketers of DAF, Dutch engineered brand of trucks had until recently held sway in the truck segment, but encumbered by challenges.

The American engineered International, makers of International trucks is similarly making inroads into Nigerian truck market. Marketed by GZ Motors Limited, which is also distributors of Kamaz trucks has been making efforts to get more people in the haulage business to embrace International trucks.

The size and demographic structure of the countrys population put at more than 150 million people as well as the inability of local vehicle plants to meet increasing demand and the unavailability of modified mass transit system are touted for the growing presence of various automobile marques in this market.

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Motavalli’s Book Navigates Bumpy Road to Electric Car Future

In the final pages of Jim Motavallis excellent 2011 book, High Voltage: The Fast Track to Plug In the Auto Industry, he turns to EV advocate Chelsea Sexton to characterize where the plug-in car movement is headed. Chelsealike Jim, a contributor to PluginCars.comsees a couple of rough years in our immediate future, with deployment missteps, changes in policy and negative media stories, whether earned or not.

High Voltage is a wonderful chronicle of these rough years. If youre looking for a pro-EV rantor a plug-in advocates tract that redacts the missteps and shortcomings from electric car historythis aint it. In fact, what makes this book so much fun to read are Jims behind-the-scenes personal anecdotes. The fast track of the books subtitle is really more of a misadventure.

For example, in August 2010, when Jim traveled to Irvine hoping to meet Henrik Fisker. The famed designer-turned-CEO wasnt there. Jims calling cardas a writer for New York Times, NPRs Car Talk, and PluginCars.comcouldnt even land him a meeting with Fiskers vice-president of sales and marketing who was too slammed with meetings. Instead, Jim settled for lunch at a local Whole Foods with Russell Datz, a company PR guy. (Datz told Jim that Fisker would produce 15,000 Karmas in 2011, one of the many overblown promises not realized by upstart electric carmakers.)

Then there was the time at the Detroit Auto Show in 2011, when Jim tried to drive a prototype of the Ford Focus Electric, only to have it stall out. A Ford technician muttered something about a reset, and was able to get it going again. Daimler-Chrysler engineers werent so lucky, when Jim tried to drive the companys Dodge Sprinter Plug-in Hybrid truck, at a high-profile event in New York City way back in September 2006. The New York Power Authority and the Electric Power Research Institute sponsored the pilot project and the event. With all those people looking on, I twisted the keyand nothing at all happened, explains Jim. A squad of German engineers with laptops couldnt get the Sprinter going either.

Challenges and Caveats

Jim balances these mishaps with mostly positive, but equally balanced, descriptions of his time behind the wheel of more successful electric cars, like the Nissan LEAF. In his first extended drive with Nissans electric car, he writes, The LEAF was truly a delight to drivesmooth, tight, responsive. It accelerates plenty fast enough for mehellip;There was a whooshing noise on fast takeoff that my wife compared to an airplane. Jim writes in an effortless breezy style. Hes a great storyteller. But the real charm of the book is that Jim, while clearly believing in the benefits of EVs, doesnt shy away from the challenges and caveats. I loved everything about the LEAF except the range challenges, Jim writes. Id probably develop ways around them if I actually owned the car.

Jim does a lot of blogging to make a living, but hes not of the ilk that simply regurgitates what others have written. He picks up the phone and jumps on airplanesto see things for himself and speak directly with auto industry insiders. And people talk to him. Through the book, we tag along the journey, and eavesdrop. Jack Nerad of Kelly Blue Book, told Jim, Theres not a good deal of uncertainty about [carmakers] selling the first 25,000 [electric] cars. Theyll find that many environmentalists and technology-oriented customers in a country of 300 million. After that, Nerad questions what might happen. Is this a consumer product with legs, or will the demand dry up?

The book chronicles the attitude influential industry analysts, like Maryann Keller who throws her own wet blanket on the EV industry. She believes the $1 billion in government money to support Tesla and Fisker were not good investments. While the startups may pioneer the use of some technology, any successes will be copied by the larger manufacturers, which have greater resources, including government support, as well as an existing infrastructure, Keller said. The startups will fail or remain neglected to niche markets.

Facts versus Opinions

We might want Jim to shout back at Ms. Keller and Mr. Nerad: Youre wrong. EVs kick ass. Global warming and oil dependence sucks. But as our thoughtful and friendly narrator, Jim replies, I cant answer Nerads questions because the important factorsthe price of oil, the state of the economyarent reliably predictable.

At the same time, when reality dictates, hes ready to take on the uninformed with facts, technical assessments, and historical context, as in this excerpt:

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Wirtschaft: Ein neuer Finanzchef muss es richten

Frankfurt am Main – Am Ende gab es am Freitag nach der mit Spannung erwarteten Aufsichtsratssitzung der Commerzbank nur eine einzige konkrete, allerdings auch wichtige Entscheidung: Die Bank bekommt einen neuen Finanzvorstand. Der Daimler-Manager Stephan Engels wird im April kommenden Jahres Eric Strutz ablösen, der aus persönlichen Gründen ausscheidet. Der 49-jährige Engels leitet seit 2007 unter Daimler-Finanzvorstand Bodo Uebber die Bilanz- und Controlling-Sparte von Daimler und war zuvor Finanzchef der Daimler-Chrysler-Bank. Engels hatte niemand für den Posten auf der Rechnung gehabt. Viele Branchenkenner hatten erwartet, dass die Commerzbank die Funktion intern besetzen werde.

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Columbus to get new hybrid buses for transit system

COLUMBUS, Ga. — Columbus will get four new hybrid buses for METRA, the west Georgia citys public transportation system.

The new 32-seat Daimler Chrysler buses will allow the system to replace four aging buses in 2013.

The Columbus Ledger-Enquirer reports (http://bit.ly/vcODel) that the buses are being purchased with a federal grant and local matching funds.

Authorities say the Orion VII buses, which cost about $505,000 each, are 35 percent more fuel efficient than buses now operated by METRA.

City leaders announced the plans Thursday at a news conference that included city and federal officials.

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Downtown Jacksonville Photo Gallery | Meet New Jags Owner Shahid Khan

1970 – Shahid Khan began working for the Flex-N-Gate Corporation.

1971 – Khan graduated from the University of Illinois with a BS in industrial engineering.

1978 – After graduating, Khan continued to work at Flex-N-Gate until he started his own business in 1978.

1980 – Khan purchased Flex-N-Gate and remains the sole owner. Flex-N-Gate supplies products to the big three automakers, Daimler Chrysler, General Motors and Ford as well as for Toyota, Nissan, Honda, BMW and Volkswagen.

1999 – Khan is recognized by the University of Illinois Department of Mechanical Science and Industrial Engineering with a Distinguished Alumnus Award.

2000 – Flex-N-Gate begins to expand global manufacturing presence through acquisitions.

2003 – Khan acquired a controlling interest in Flightstar

2005 – Khan and wife Ann receive the 2005 Distinguished Service Award by the University of Illinois Alumni Association.

2006 – Kahn is recognized by the University of Illinois College of Engineering with the Alumni Award for Distinguished Service. Khan gives the keynote address at the Aboriginal and Minority Supplier Procurement Fair in Toronto.

2008 – Khan took over operation of the Urbana Golf amp; Country Club facilities.

2011 February – Khan made an unsuccessful bid to purchase a stake in the St. Louis Rams in February. Khan was beaten out by majority owner Stan Kroenke.

2011 April – Khan along with four other Illinoisans receives the states highest honor for achievement, the Order of Lincoln, from Governor Pat Quinn. Khan is recognized for shaping Urbana-based Flex-N-Gate into one of the nations top 200 largest private companies.

2011 September – Khan and wife Ann make gift of 10 million to University of Illinois at Urbana-Champaign to fund the new north addition of Huff Hall. The addition, known as the Khan Annex, houses programs of the College of Applied Health Sciences, including the Center on Health, Aging, and Disability and the Master of Public Health program.

2011 November – Wayne Weaver announces sale of the Jacksonville Jaguars to Kahn. The terms of the deal include a verbal commitment to keep the team in northeast Florida. The sale is expected to be finalized on January 4, 2012.







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Workshop to Address Sustainable Architecture [press release]

Workshop to Address Sustainable Architecture [press release]

Nov 09, 2011 (Biz-Community/All Africa Global Media via COMTEX) —
The European Union of National Institutes for Culture in South Africa (EUNIC) is hosting its fourth annual EUNIC Architecture Studio to devise strategies to improve and renovate an existing inner-city building, Florence House, while addressing the crucial issue of living and housing conditions in modern South Africa, between 21 and 25 November 2011, in Braamfontein, Joburg.

This year, 30 students from South Africa, France, the UK and Mozambique, together with architects and young professionals, will tackle the major issue of Recycling the City, an Approach to Sustainable Architecture and look for strategies to renovate and improve, with a constant approach based on economy of means, simple solutions and good sense, involving urban recycling.

On 28 and 29 November, the work produced as part of the EUNIC Architecture Studio from 2008 to 2011 will be presented at the Conference of the United Nations on Climate Change (COP 17) in Durban.

Climate, energy efficiency and general comfort of tenants

Located between Constitution Hill and the Civic Theatre, Florence House used to be a hospital. Today, it houses over 1000 people. The architectural approach will focus on economy of means, sustainability, simple solutions and good sense. The renovation will also aim to link the building to its context, taking into account climate, energy efficiency, and the general comfort and well-being of its tenants. Participants will investigate strategies to increase density and social diversity in the building.

Participants will be guided in their efforts by internationally renowned architects and professionals from southern Africa and Europe.

Thorsten Deckler (RSA): Founded 2610 South Architects with partner Anne Graupner in Johannesburg in 2005. He won the 2011 BAUWELT special prize for first realised work for the Sans Souci Cinema in Kliptown, Soweto, with Anne Graupner and Lindsay Bremner, and the second prize for Daimler Chrysler Award for SA Architecture in 2007. Involved in part-time teaching, he developed a course on Informal Settlement Upgrading for the University of Johannesburgs masters programme in architecture 2011, and occasionally lectures at various universities. For more, go to http://2610south.co.za/.

Frederic Druot (France): Graduated from the School of Architecture of Bordeaux in 1984. In 1987, he founded the Epinard Bleu Agency, which became a young cult agency in France in the 1990s. The Frederic Druot Architecture agency was created in Paris in 1991. Frederic Druot became Chevalier de lordre des arts et des lettres in 2002 and won the Sustainability and Residential Innovation prize in 2006 in Madrid. For more, go to http://www.druot.net.

Daniel Estevez (France): Is an architect, an engineer and a teacher at the School of Architecture of Toulouse. His work and research tackle the observation of todays graphic usage in architecture, the analysis of the transformations of architectural figurative functions for urban projects in todays computer-assisted production, the identification of architectural project production based on todays figurative tools (mapping, experiences, digital technologies).

Christophe Hutin (France): Graduated from the School of Architecture of Bordeaux in 2003 and spent months studying and documenting townships and squatter camps in Gauteng, from where he developed a genuine expertise about South African housing issues. Specialised in sustainable architecture, he also makes documentaries, creates events, curates exhibitions and lectures at the School of Architecture of Toulouse. He is the EUNIC architecture studio co-ordinator. For more, go to www.christophehutin.com.

Iain Low (RSA): Graduated from the University of Cape Town in 1978 before holding an International Housing Certificate from the Massachusetts Institute of Technology (MIT), and a Masters degree in Architecture from the University of Pennsylvania. Conventional ideas of master planning and design as control become counterproductive and even irrelevant. Consequently, good design has to be conceived as an integrating process, one which connects with the complex conditions which constitute contemporary culture. For more, go to www.pewarts.org/93/Low/index.html.

Alexander Opper (RSA): Is an architect and senior lecturer in the Department of Architecture, University of Johannesburg. His professional practice focuses on the theory and production of architecturally inspired furniture and installation environments. After having lived, worked and studied in Berlin for about 10 years, he returned to South Africa and established his one-man architectural practice in Johannesburg in 2005. He has since joined forces with Amir Livneh to form Notion Architects, adopting a site-specific, critical architectural approach.

Frans Sebothoma (RSA): Is the operations manager of ICPM Property Management, a company that manages several buildings in and around Johannesburgs inner city (co-operatives, housing associations, body corporate and privately owned properties). He has been involved in social housing since 1998, and was a founder member of Vusanimadolobha Housing, a company formed by the Gauteng Department of Housing together with Social Housing Foundation.

Carin Smuts (RSA): Graduated from the University of Cape Town in 1984. In 1989, she officially established CS Studio Architects in Cape Town. The firm (which by now has developed more than 100 projects all over South Africa), has moved beyond conventional architectural practice to an approach that involves all stakeholders in the creative planning, design and construction processes. Carin Smuts won the Global Award for Sustainable Architecture in 2008. For more, go to http://csstudio.co.za.

Jeffrey Turko (UK): Is a US-born architect, educator and researcher currently based in London. He founded the design practice Nekton Studio, a design studio that was representing the UK in the 2008 Beijing Biennial. He has taught at the Architectural Association School of Architecture, is the programme director of the AA Global Visiting School in Sydney (Australia), and is currently a senior lecturer at the University of Brighton. He is also a full member of Ocean design research association. For more, go to www.nekton.org, and http://www.ocean-designresearch.net.

The programme

Monday, 21 to Friday, 25 November: Architecture Studio workshop at IFAS. (Registered students and young professionals only.)

21 November: 6pm – Conference by Carin Smuts at IFAS. (Free entrance. Booking essential. 0,1 CPD)

22 November: 6pm – Conference by Thorsten Deckler and Alex Opper at IFAS. (Free entrance. Booking essential. 0,1 CPD)

23 November: 6pm – Conference by Jeffrey Turko at IFAS. (Free entrance. Booking essential. 0,1 CPD). 7pm – Dinner and walking tour by night. Enjoy Narina Trogons savoury food in a stylish setting in downtown Joburg and discover the vibrant transformation of Braamfontein, the Newtown cultural precinct and the original heart of Joburg. (Walking shoes and comfortable clothes advised) (R200. Booking essential. Departure at 7pm from IFAS. Return to IFAS .)

25 November: 6pm – Conference by Frederic Druot at IFAS. (Free entrance. Booking essential. 0,1 CPD). 7pm – Presentation of the workshop results and buffet at IFAS. (Buffet booking essential.)

26 November to Saturday 3 December: Works exhibition at GIFA

For further information about the workshop programme, contact Claire Metais – French Institute of South Africa (IFAS). Tel: +27 (0)11 403 0458 or email az.gro.safi@erialc.

Copyright Biz-Community. Distributed by AllAfrica Global Media (allAfrica.com).

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BorgWarner Agrees to Sell Tire Pressure Monitoring Business to Huf Electronics

AUBURN HILLS, Mich., Nov. 30, 2011 —

AUBURN HILLS, Mich., Nov. 30, 2011 /PRNewswire/ –#xA0;BorgWarner has agreed to sell its tire pressure monitoring business to Huf Electronics GmbH. The sale includes a manufacturing facility in Bretten, Germany, which employs approximately 230 people. Completion of the transaction is subject to regulatory approvals.

The tire pressure monitoring business was acquired in 2005 as a small piece of the BERU diesel cold start and ignition systems business.#xA0; While the tire pressure monitoring product technology has been continuously developed and meets the upcoming strict European standards, it departs from BorgWarners strong focus on powertrain technologies. This transaction is limited to the tire pressure monitoring business only and does not affect other BorgWarner products or technologies.

As a result of the original 2005 BERU acquisition purchase price allocation, the company will incur a book loss on the sale of approximately $10-15 million.

About BorgWarner

Auburn Hills, Michigan-based BorgWarner Inc. (NYSE: BWA) is a technology leader in highly engineered components and systems for powertrain applications worldwide. Operating manufacturing and technical facilities in 59 locations in 19 countries, the company develops products to improve fuel economy, reduce emissions and enhance performance. Customers include VW/Audi, Ford, Toyota, Renault/Nissan, General Motors, Hyundai/Kia, Daimler, Chrysler, Fiat, BMW, Honda, John Deere, PSA, and MAN. For more information, please visit www.borgwarner.com.

SOURCE BorgWarner Inc.

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For investors: which car companies have most expensive shares?

For investors: which car companies have most expensive shares?

09 November 06:11 PM

Investment news, USA. Competition between brands has become commonplace. Rating agencies earn good money by finding out who is the best, whereas those who manage to enter such lists are very proud of it and do their best to get higher.

In market economy freedom of choice is to be supported not only by profit expectation but also by reliable partners. Personal evaluation it is not always enough to be certain of the latter and take right decisions, and one has to address to independent experts. In the modern world these experts are frequently represented by rating agencies, or to be more exact, their rating systems.

Interbrand company, which was founded in 1974 and currently is the largest brand consulting agency, has recently issued a report about the most expensive car companies as of 2011. This information is rather useful for investors that want to maintain and add up to their savings by means of stock market.

Most expensive car companies in the world

10. Nissan. It is a widely known corporation founded in 1933 in Japan. Its success started with the production of Datsuns cars, which were produced under a brave motto: Rising sun is a flag, and Datsun is a car to choose. During the 60-s80-s of the previous century the company has considerably increased its production capacity and opened foreign branches. The corporation currently has production and assembly plants in 17 countries around the world. With the official slogan The power comes from inside, every three years ??? Nissan presents a new business plan, which foresees another increase of production capacity and introduction of innovative technology into all business processes.

The corporation currently occupies the 10th position among world car producers according to the price of quoted shares at stock exchanges.

As explained by the analytics of Masterforex-V Academy Department of Portfolio Investments, the companys shares have been traded within a down trend for two years, although stock market was having positive dynamics. This means that this company is too weak to provoke much interest from investors.

The current share price is within the consolidation zone of 2008 when it was widely bought up. It can be assumed that the level of $700-600 may attract many investors to the company because of its underestimation, which may cause the increase in this tool. However, we do not recommend investing in Nissan company as long as its shares are traded within a down trend and no fundamental changes are observed.

9. Porsche. The company was founded in 1931 in Germany as a design engineering bureau. It was headed by the world famous car engineer Ferdinand Porsche Jr., designer of truly peoples car Type 60 (also known as Wolkswagen Beatle).

It was at that time that the companys management understood that a car with high-quality design will always be in demand. The company has recently created another production unit in Leipzig (in addition to plants in Wolfsburg and Stuttgart), which is oriented on batch production of superpower Porsche sports car Carrera GT, which complies to all latest innovative developments in car industry. Moreover, in 2010 cars produced by Porsche company were recognized as most reliable.

Having a successful 80-year history of development, the company currently occupies the 9th position in Interbrand rating of world car manufacturers:

The companys shares failed to return to their previous level after crisis in 2008. At present share price is under strong resistance when only short-term purchases can be made; however, we do not recommend investing in this tool, as the share generally is rather weak.

8. Hyundai Motor Company. The company was founded in 1967. It currently is the largest car manufacturer in Korea. In 1998 Hyundai Motor Company gained control over Korean car manufacturing company Kia Motors, and in 2000 it signed strategic alliance with Daimler Chrysler. This alliance has been successful for several years.

Hyundai plant in Korean city Ulsan consists of five units and is considered the largest worldwide.

At present the company is a member of Hyundai Kia Automotive Group and occupies the 8th position in the rating of most expensive car companies worldwide:

The companys shares have demonstrated steady growth during last 3 years. However, at the point of $35 there happened distribution, after which the price has dropped to $25. This decline happened due to the decline of American stock market. In our opinion, at this point these shares can be bought, as US system risks have decreased.

We recommend buying either starting with $25, or as soon as the price is set over $30. The price can decline further either if the company or world economy generally declines.

7. Audi AG. This German car manufacturing company was founded in 1932 by merging DKW, Horch, Audi, and Wanderer. It currently is a member of Volkswagen Group.
Audi Group itself includes Hungarian and Brazilian production units, Cosworth Technology (Great Britain), Automobili Lamborghini (Italy), and SEAT (Spain ).
At present the company is actively rising its production capacity, increasing sales volume (23.4% more in 2010 than during the equal period in 2009), and actively using up-to-date technology in production and management. As a result, the company is the 7th among car manufacturers worldwide:

Since the beginning of 2011 the companys shares have been following a down trend; however, big players have demonstrated interest to this tool at the point $500. There is a recommendation to buy the shares of this company either starting with $500, or as soon as the price is set over $550. The share price can decline further either if the company or world economy generally declines.

6. Ford. Ford Motor Company appeared in 1903 in the United States of America, Michigan.
The company currently specializes in releasing Ford, Mercure, and Lincoln cars, trucks, buses, and various agricultural vehicles. Jaguar company is a part of the corporation.

4.8 mln. cars were released in 2010, and the companys staff currently amounts to 178 ths. people.

According to the output (during the entire period of its functioning), Ford Motor Company is the 4th largest car manufacturer in the world, 3rd at US market (preceded by GM and Toyota), 2nd at European market (following Volkswagen), and 6th in Interbrand rating:

For last two years the company has demonstrated positive dynamics, having earned $0.86 per share in 2009 and $1.66 in 2010. Several previous quarters have shown that this dynamics remains. In 2011 the company is predicted to earn about $1.48 – $2.15. We recommend buying the companys shares within the range of $10-$11, predicted target is $17, analytical stop-loss when it is set at the point of $10.

5. Volkswagen. The company was officially founded in 1938, although Ferdinand Porsche had the idea of creating a truly peoples car (Beatle) already in 1933. Having gradually developed during the World War II (similarly to Porsche, the company was making orders for the Third Reich) and stood out during the hard post-war time, the company is currently having a successful life as a part of Volkswagen AG.

Starting with 2000, every year car manufacturing plants, under the famous brand, are having batch production of absolutely new cars as well as of improved car models. Moreover, Volkswagen is actively raising its production volume and realization: thus, 359,889 cars were sold in 2010, which is 21% more than during the equal period in 2009.

At present the company is actively implementing most recent technologies from dozens of various spheres into car manufacturing process. Therefore, it is one of five world car manufacturers, whose shares have the highest value:

The companys shares have demonstrated steady growth in 2009-2010. This growth happened due to the increase of sales volume in particular and world economic recovery after crisis in general. The company has quit its positions at the point of $140. It happened due to market correction and decline of the companys fundamentals.

According to analytics, earnings per share are expected to decline during the nearest two quarters, and this can have a negative influence on share price. However, short-term purchases can be made due to the possible rise of stock market. The shares are recommended to be bought at the range of $120-$100.

4. Honda Motor Co., Ltd. Founded in 1946, it currently is an international industrial company, which is famous for its car and motorcycle production (besides, at present the company also produces trucks, motorcycles, power generators, robots, marine engines, and even planes).

The main constituents of Honda success are high reliability and modern technological decisions that are used at car production. Current sales volumes are rather high; thus, 1,230,480 cars were sold in 2010 in American units (main production unit is located in Tokyo) solely.

Honda Motor Co., Ltd. Occupies the 4th position of Interbrand rating:

Earnings per share kept falling during the last year, and share price has also undergone considerable correction due to the general market decline. The strong point of $30, where big players used to make their purchases, is currently left. We suppose that the share price can also demonstrate growth in the condition of global increase; however, we do not recommend investing in it before the companys fundamentals start rising.

3. BMW.Founded in 1917, the firm is a part of Bayerische Motoren Werke AG.

The company has stood out during the hard post-war time, when it was at the point of collapse (Germans were not allowed to produce aircraft engines, which at that time was the companys main product). The company has bailed out of the difficulties having switched to the production of motorcycle engines, then motorcycles, and soon cars.

The companys motto is Sheer Driving Pleasure; it specializes in car production, being the symbol of high-quality transport means for a well-off citizen.

The companys annual turnover currently amounts to $ 53 bln., and it occupies the 3rd place worldwide according to the share price:

According to analytics, sales volume is expected to decline during the nearest two quarters. Consequently, the tool is not going to show fundamental growth. Although we do not recommend investing in the tool, short-term purchases can be made due to the possible rise of stock market. Purchases are to be made when the share price is about $50.

2. Mercedes-Benz. The car concern was founded in 1871; it specializes on production of premium class cars, trucks, heavy equipment, passenger buses, and other vehicles.

The company currently is a member of Daimler AG (Stuttgart, Germany). It has rather wide product range and produces new or improves previous car models every year. In addition to cars, the company also produces trucks, buses, heavy equipment, and various types of engines.

In 2010 the companys brand was estimated at $ 25,2 bln., and it firmly holds the 2nd position of most expensive car manufacturers:

At this point the companys fundamentals are fine, although sales volume is not expected to rise drastically during the nearest two quarters, and neither are the shares. As the fundamentals are supposed to keep their old positions, we can assume that this tool will be interesting for investors due to its last decline.

Technically, the price has left the strong point of $30. The increase of this instrument is most likely to continue; therefore, it is recommended buy when the price is at the range of $30-$35.

1. Toyota Motor Corporation. Founded in 1933, the company currently is the largest car producer in Japan. It also provides financial services and has a range of additional business directions. Toyota AG subsidiaries include Toyota Financial Services, Daihatsu, Hino Motors, Ltd., DENSO, and Toyota Industries. The company successfully uses most recent innovative ecologically friendly technologies during car production, having batch production of hybrid and electric cars.

The companys annual turnover amounts to about $204,1 bln.

At present the company occupies the 5th position in Fortune Global 500 rating (a rating of 500 largest companies worldwide according to their earnings) and is a leader according to share price among car manufacturers:

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