Ford Motor Company and General Motors will jointly develop new nine- and ten-speed automatic transmissions, marking the third time this decade that Ford Motor Company and General Motors have collaborated on such a project.
February car sales were slightly weaker than January, but they were stronger than last year by 7 percent. Chrysler, Ford, Toyota, and General Motors saw their sales rise, while Honda and Nissan saw declines.
The sequester – while short-term painful – will likely prove to be not the worst thing in the world and that the economy, the consumer and corporate profits were able to weather it and make it through to the other side, Brown writes.
Canadian Prime Minister Stephen Harper's cabinet is reportedly considering offshore oil and pipeline legislation that would appease environmentalists, Alic writes. While environmentalists focus on the new pipelines like Keystone XL, Alic adds, the real threat is the older pipelines.
Pipeline leaks, ruptures, and spills are increasingly causing property damage, according to a new study, and detection systems to detect pipeline leaks may be lacking.
Dow Chemical publicly disavowed a $6.5 billion project for a natural gas export terminal that it partly owns, Alic writes. Dow is opposed to this project because its senior management believes high volumes of LNG exports will lead to higher prices at home.