DETROIT - More signs the auto industry is starting to turn the corner. According to the Detroit Free Press, production in the first quarter in North America is expected to increase 70 percent compared to a year ago. The industry plans to build 2.9-million vehicles this quarter compared to 1.7 million last year. The average
SAN JOSE - The China-based cyberattacks on Google and other companies were "a watershed moment in cybersecurity," according to an executive at computer security company McAfee. "I believe this is the largest and most sophisticated cyberattack we have seen in years targeted at specific corporations," McAfee Chief Technology Officer George Kurtz wrote on his blog
ANN ARBOR - Four companies recently received a combined total of $170,000 in funding from the Michigan Microloan Fund Program. CTC Holdings, Energy Management Devices, MemCatch and Motor City Wipers will use the microloan funding to commercialize their products and accelerate business growth. CTC Holdings is commercializing advanced VOCs-to-Energy Products that convert VOC emissions into
LIVONIA - Fisker Automotive has contracted with Boston-based A123 Systems to supply battery packs for the forthcoming Fisker Karma plug-in electric car, which is due in late 2010. The battery packs will be built at A123's Livonia and Romulus operations, adding some 500 jobs. The intent is to also supply batteries for Project Nina, a
LANSING - The U.S. Environmental Protection Agency will be handing out $475 million in grants under the Great Lakes Restoration Initiative, and legislators urged Thursday that Michigan receive funding proportionate to its role in the basin. Cameron Davis, senior advisor to the Environmental Protection Agency on Great Lakes policy, told a joint meeting of the
WARREN - Corp! magazine, in partnership with MITechNews.Com, is honoring the companies and educational organizations leading the way in Science and Technology through innovation, research and applied science. Both publications have partnered to offer the Science and Technology awards. Nominees must be Michigan companies or educational organizations whose work is advancing the following areas: ?
DETROIT ? David Cole, Chairman of the Center For Automotive Research, said the North American International Auto Show in Detroit was electric this year, not only in the powertrains on display but also with the connected vehicles that will redefine the automotive industry and its role in society. To listen, click on MITechNews.JenesysGroup.Com DETROIT ?
DETROIT - The global automotive supplier industry starts the New Year with difficult prospects. Although revenue and operating results in 2009 were not as bad as initially feared, a significant market recovery is not foreseen for 2010. Most surveyed suppliers expect the global market in 2010 maintain the levels of 2009 with positive developments only
DETROIT - The Progressive Insurance Automotive X PRIZE has chosen the state of Michigan to host an intense multi-stage competition that aims to pit some of the world's most fuel efficient vehicles against one another in a quest to win their share of a $10 million prize purse. Fifty-one super efficient cars from 41 teams
MOUNTAIN VIEW, Ca. - Google no longer intends to censor search results in China, and if the Chinese government balks, it may take its servers and go home. The stunning change in Google's policy toward doing business in China, which was always a complicated dance, came after Google discovered that it and other businesses were