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CHICAGO – The International DuraStar Hybrid truck with RouteMax refrigerated body is a pilot unit and is expected to offer Kraft Foods as much as a 30-percent fuel savings versus a traditional diesel-powered truck.
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With the new hybrid technology, GMP expects to reduce fuel usage up to 60 percent, idling time by 87 percent, and lower maintenance costs.
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Mercedes says the new E-Class offers 23 percent less fuel consumption than its predecessor.
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Replacement tire costs rose 5 percent and labor rates increased 3-4 percent in 2008-CY. Although extended OEM warranties protect powertrains against catastrophic failures, expanded maintenance requirements may increase cost.
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Named for its shape and designed for protection during side-impact collisions, the air bag deploys 30 percent faster than a conventional system.
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As part of the company's efforts to develop a more sustainable trucking fleet, Wal-Mart will test a heavy-duty hybrid truck and another alternative-fuel truck.
Read More →Insurance Research Council (IRC) estimates that one in six drivers in the U.S. will be uninsured by 2010.
Read More →TURIN, ITALY – In a joint statement, Fiat, Chrysler, and Chrysler's majority shareholder Cerberus Capital Management L.P, said they have signed "a non-binding term sheet to establish a global strategic alliance."
Read More →Building alternative fuel cars and exploring emerging markets seen as chief opportunities. Execs continue to see significant rise in bankruptcies and M&A activity.
Read More →NEW YORK – Truck and engine maker Navistar International Corp. said it expects a slight rebound in North American truck sales this year and a bigger one in 2010, sending its shares up 13 percent.
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