Volvo announces all new car models electric or hybrid from 2019
Friday, July 7, 2017 On Wednesday, automobile company Volvo announced all of its cars to be released in 2019 onwards are to use some form of battery-powered engine, leaving conventional petrol-only vehicles altogether. The decision comes after Volvo announced in May their intent to cease production of diesel vehicles. The chief executive of Volvo Cars, Håkan Samuelsson, said, “People increasingly demand electrified cars”. Volvo aims to release five new electric vehicle models between 2019 and 2021. While little has yet been revealed about them, the company has stated two of them are to be high-performance electric vehicles, branded as Polestars. Other car models from 2019 may be plug-in hybrid or 48-volt “mild hybrid” systems. Audi and Mercedes-Benz are also releasing mild hybrid cars for the European market. “This announcement marks the end of the solely combustion engine-powered car. Volvo Cars has stated that it plans to have sold a total…
GM and Chrysler receive Canadian loans amid US restructuring ultimata
Friday, April 3, 2009 General Motors (GM) and Chrysler will receive bridge loans from the government of Canada and the provincial government of Ontario, however no more will be forthcoming from either Canadian or US governments unless the companies can reinvent themselves. “This is a regrettable but necessary step to protect the Canadian economy. We are doing this on the assumption that we obviously cannot afford either in the United States or Canada a catastrophic short-term collapse.” said Stephen Harper, Prime Minister of Canada. “We cannot, we must not, and we will not let our auto industry simply vanish. This industry is, like no other, an emblem of the American spirit; a once and future symbol of America’s success,” said Barack Obama, President of the United States. “These companies – and this industry – must ultimately stand on their own, not as wards of the state.” Chrysler will receive CA$1…
Category:June 8, 2010
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Claims from British quake may run into “low tens of millions of pounds” – Insurance association reps
Thursday, February 28, 2008 Representatives from the British insurance industry have said that the cost of the earthquake which hit Britain early yesterday could be over 10 million GBP. The Association of British Insurers has said in a statement that the cost for the earthquake is “likely to run into the low tens of millions of pounds.” The Senior claims manager at the UK bank Norwich Union has described the damage by saying that at the moment most insurance claims regarding the earthquake describe “minor damage such as tiles off roofs, breakages inside the homes and brick walls collapsing.” It has also been reported that approximately 1,200 insurance claims were made in the first twelve hours after the earthquake hit Britain. These reports come one day after the United Kingdom was hit by a 5.2 earthquake. Tremors were reported as widespread as Edinburgh, Manchester, Sheffield, Middlesbrough, Cambridge, London, Birmingham and…
Ford’s US auto sales spike, surpassing GM
Wednesday, March 3, 2010 Ford Motor Company said on Tuesday that its sales in the United States rose 43% in February compared to the same period last year, as the automaker outsold rivals Toyota and General Motors. The strength of our new products … are resonating with customers Ford said that total sales improved to 142,285 units, compared to 141,951 units sold by GM. Additionally, Ford said that its share of the total US car market rose to 17%, up from 14% a year ago. The increase was better than analysts had predicted, and Ford’s stock rose to a five-year high in morning trading, before declining later in the day. Ford’s sales were significantly influenced by a 74% increase in fleet sales to businesses. Rental car agencies alone accounted for around 30,000 units sold. Sales to retail consumers increased only 28%. The increases were led by sales of two sedans,…
Cisco sues Apple for iPhone trademark
Friday, January 12, 2007 The iPhone only made its appearance as a prototype and there have been controversies aroused. The dispute has come up between the manufacturer of the iPhone (which was resented on Wednesday for the first time) – Apple Inc. – and a leader in network and communication systems, based in San Jose – Cisco. The company claims to possess the trademark for iPhone, and moreover, that it sells devices under the same brand through one of its divisions. This became the reason for Cisco to file a lawsuit against Apple Inc. so that the latter would stop selling the device. Cisco states that it has received the trademark in 2000, when the company overtook Infogear Technology Corp., which took place in 1996. The Vice President and general counsel of the company, Mark Chandler, explained that there was no doubt about the excitement of the new device from…
Suspects deny London bomb plot, say lawyers
Sunday, June 4, 2006 The two brothers who were arrested on Friday regarding intelligence of a chemical bomb plot in East London have denied all the accusations, according to their lawyers. In relation to the accusations of manufacturing a chemical device, Kate Roxburgh, Mohammed Abdul Kahar’s lawyer, said “(Kahar) says there’s absolutely not a word of truth in any of it. He says the police are not going to find anything because there is nothing to find.” Koyair’s lawyer has denied his client has been involved in a terrorist plot. The announcement comes after the dramatic events of Friday morning, where over 250 police officers were involved in a raid on a house in the Forest Gate area of the city. The raid took place after British security services received intelligence of a “viable” chemical device within the property. Mohammed Abdul Kahar, aged 23, and his 20 year-old brother Abul…
Australian House of Representatives acknowledges Cyclone Larry efforts
Wednesday, March 29, 2006 The Australian House of Representatives today acknowledged the impact of the recent devastating Cyclone Larry and the efforts of the support given to the residents and communities of north Queensland in order to restore normal life. Phillip Ruddock (Liberal, Berowra) moved a motion expressing this after Question Time today, which included a description of the devastation wrought on the area, the response by the Australian Government and the Australian Defence Force, and thanked the efforts of people for their “willingness to roll up their sleeves and get on with the job of cleaning up and rebuilding their towns and centres.” The Leader of the Opposition, Kim Beazley (Labor, Brand) supported the motion, and congratulated the move to put General Peter Cosgrove in charge of operations, stating that soldiers “know how to work through logistics issues…how to work around officialdom or blockages”, praised both local federal and…
Ireland’s Occupy Dame Street, Occupy Waterford camps cleared
Saturday, March 10, 2012 Occupy protests in two Irish cities have been cleared in the last two days. Dublin’s Occupy Dame Street was cleared by police while the local council cleared the abandoned Occupy Waterford site. The early hours of Thursday saw the Dublin site raided and cleared by Gardai (police). Gardai cited health and safety concerns over the camp, with St Patrick’s Day festivities planned. Irish tourism minister Leo Varadkar previously called it “disappointing” the campers would not move while the celebrations were ongoing. “I understand they feel very strongly about their politics but I’m sure they don’t want to damage the festival,” Varadkar said. “[Our] priority is to ensure that all of St Patrick’s Day events and celebrations pass off smoothly and that all participants and the large crowds of spectators at the parade can access and egress the parade route without a risk or threat to their…
How To Create A Successful Fundraising Team In 5 Simple Steps For Any Fundraising Ideas}
How To Create A Successful Fundraising Team In 5 Simple Steps For Any Fundraising Ideas by Vanida Brown Having good ideas for fundraising is only the beginning of the jobs that an organizer must undertake. In order for a fundraiser to be Winning an individual must have organizational and management skills that will help them to keep their group moving toward the goals set for the fundraiser. Most efforts fail because organizers do not follow these 5 Easy steps which can help yo to have a Winning fundraiser and keep your group excited. 1 -It will be very crucial that you know the skills and abilities of every individual in your group that will benefit the campaigns of the organization. When shaping teams, it will be crucial to have personalities that complement and support each other so that the team will stay focused and function cohesively. 2 – Keep open…