Lotus' Motorsport Services Lotus Races in Europe Lotus Engineering

Total Page:16

File Type:pdf, Size:1020Kb

Lotus' Motorsport Services Lotus Races in Europe Lotus Engineering The official industry newsletter of Lotus Engineering Issue 11 November/December 2005 Lotus’ motorsport services Lotus races in Europe Lotus Engineering Change the Rules Welcome 22 Now on our 11th issue, proActive continues in its endeavours to bring you the most interesting news and articles from the world of automotive engineering. In this issue we look at Lotus Engineering’s work within the motorsport sector, reviewing the heritage and pedigree of a company which when coupled with the latest industry technology can only mean winning solutions on the circuit. Famed for the extensive achievements in powertrain and ride and handling, Lotus Engineering are best placed to take on a wide variety of projects for motorsport teams not just in the UK but across the globe. We also take a look at the latest technological advancements within the field of touring cars and GT racing. Advanced powertrain concepts such as Lotus’ Active Valve Train (AVT) system, which you can find out Ingemar Johansson more about in the feature. We hope you enjoy this edition of proActive and we wish 5 you a prosperous New Year. Ingemar Johansson, Executive Engineer for Motorsport Services 6 Contents November/December 2005 news features INDIA: Indian and Thai auto companies’ quality focus could surpass Japan 3 Improving the breed with race engineering 6 USA: Chrysler to build Dodge Nitro at Jeep plant 3 Lotus races in Europe 8 GOLDING’ S TAKE: Citroen and Peugeot: once more into the luxury end 4 Lotus’ motorsport services 9 USA: Battle looms as some states sign up to stricter emissions laws 5 The onward march of diesel 10 Lotus Engineering Change the rules 2 News INDIA: Indian and Thai auto USA: Chrysler to build companies’ quality focus Dodge Nitro at could surpass Japan Jeep plant In comments some industry observers may find incredible, Chrysler Group has announced that the 2007 Dodge Nitro will be Toyota Motor chairman Okuda Hiroshi on Monday said that car built at the Toledo North Assembly Plant (TNAP) alongside the companies in India and Thailand may soon overtake those in Jeep Liberty/Cherokee. This will be the first non-Jeep product to be built at the Toledo complex, long the home of the Wrangler, in Japan because of their increasing focus on quality. over 10 years. “Thai and Indian companies are fast catching up. My fear is that The Nitro is scheduled to come to Europe as part of the new Japan will soon be overcome by Thai and Indian companies,” Dodge line destined for launch from mid-2006. Hiroshi, who also chairs Japan’s corporate lobby, Nippon “The employees and management of the Toledo North Assembly Keidanren, was quoted as saying by The Associated Press (AP). Plant have made it one of the most progressive manufacturing He reportedly said Japanese companies are not focusing on facilities in our system,” said Chrysler truck and activity vehicle assembly chief Byron Green. “By implementing a process quality even as the Indian firms are improving their quality whereby employees work together in small teams and take more standards. control over their daily work, this team has positioned itself to become the home of Chrysler Group’s newest model.” “I am aware of the excellent quality levels of Indian IT (information technology) and manufacturing companies but, in the field of The Toledo Complex is made up of the Toledo North Assembly quality, Japan is standing still,” Hiroshi reportedly told a gathering and Toledo South Assembly, which has been building Jeep brand of business leaders in New Delhi. vehicles since the 1940s. Part of the total Nitro programme investment of US$600m is According to The Associated Press, he said no Japanese firm has being allocated directly to the plant for many upgrades that will won the Deming prize in recent years as they are not showing make it ready to manage the complexity of building two different interest in winning this coveted prize, whereas Indian companies models on one production line. The plant is getting several such as motorcycle and scooter maker, TVS Motor and Rane expansions totalling over 160,000 square feet. Other changes in TRW Steering Systems have won the award given by the Deming the plant include new equipment such as over 150 new robots, Committee of Union of Japanese Scientists and Engineers. new conveyors, and important new processes that will contribute to the plant’s productivity and quality. Hiroshi said Toyota was able to become the most-profitable car The improvements at the plant help give it the capability to build company in the world due to its ability to make cars at low costs, pilot vehicles on the assembly line, which reduces waste and the report added. speeds time of development. Further improvements will also be made to body, trim and paint operations. Process improvements The Associated Press noted that India has lately emerged as a such as new material handling operations and increased use hub for low-cost manufacturing of cars and their components. of pre-assembled components will also contribute to improved productivity. The country is already an ‘export hub’ for Hyundai Motor and Suzuki small cars. The 2.10 million square foot Toledo North Assembly Plant occupies 200 acres and has more than 2,500 employees. Ground AP added that Toyota has a manufacturing facility in India near breaking of the new plant was in autumn 1997. Production of the the southern city of Bangalore where it produces the Corolla, Liberty/Cherokee launched in April 2001. Camry and the multi-purpose-vehicle Innova. An all-new South plant, which will begin building the replacement Toyota also sources manual transmissions from Toyota Kirloskar for the current Wrangler in the summer of 2006, replaces the current assembly site and will be operated by the Chrysler Group Auto Parts, a joint venture with India’s Kirloskar group, that has a and three supplier/partners who will manage unprecedented manufacturing unit near Bangalore with capacity of 160,000 units levels of the manufacturing operation. This “supplier park” frees a year, The Associated Press said. capital to be invested in new product development. Source: just-auto.com editorial team Source: just-auto.com editorial team Lotus Engineering Change the rules 3 News GOLDINGS TAKE: Citroen and Peugeot: once more into the luxury end Over in the wide open spaces of agricultural Brittany, PSA Peugeot Citroen has just embarked on its latest attempt to be taken seriously as the maker of luxury cars. On the 24th November automotive journalists were let into the 40-year-old Citroen factory for the first time. They were able to Luxury for PSA Peugeot Citroen see the first cars coming off the line and to inspect the massive Citroen is not fazed by the loss of the market for families overhaul of facilities which will allow the French company to claim of five, and claims to not even had to think about it very hard. quality standards the equal of countries more routinely associated They believe that too few cars offer armchair comfort for four with quality car production. passengers. The C6’s front drive layout with unusually large The plant at Rennes was first built in the sixties to provide some overall width and length plus the electric sliding rear seats give industrial employment alongside the rural economy. At first it unrivalled leg and elbow room for the money (around £30,000). was a Citroen plant but now PSA Peugeot Citroen has made a There is no doubt that the chauffeur-driven French bureaucrats conscious decision to make this unlikely location the headquarters are going to like this one. of its upmarket challenge. State-of-the-art technology will play a role in the C6’s appeal, with It is to be THE production centre for the group’s Platform 3 which features such as active suspension with variable damping, a lane departure warning system, laminated glass in all the windows, is to say that it will be responsible for the Peugeot 407 and the directional xenon headlamps, front and rear parking sensors. Citroen C6 families. Also there is the older Citroen C5. The only vehicle missing is the Peugeot 607 but this is expected to be Citroen also claims to be the first manufacturer to offer a ‘head-up’ moved in to Rennes when it is ready for its model update. display, projecting information onto the windscreen, as standard. The car will feature Citroen’s first electronic parking brake, and Citroen has been missing from the ranks of luxury cars since the company says it has also worked hard on driver comfort: the fine run of DS, CX and SM came to an end, and its re-entry a new front/back and left/right ‘soft diffusion’ air conditioning into the market will be a challenge for the marketing people. system. That challenge will be most fierce in the UK where Citroen has positioned itself as a value brand over the last six years. However, That diesel engine option is already used in the Jaguar S-type. the UK marketing gurus have set realistic sales targets of well under 1,000 in the first year and believe that there is sufficient PSA’s ability to fund the full range of quality cars for both brands interest and goodwill for the brands to secure sales – particularly will derive partly from the shared platform which can be stretched from the UK’s user-chooser market. over three different lengths and set at three different ride heights with minimal alteration. It means that all models have common On show also was the Peugeot 407 coupe, much admired for its components worth just over 50% of the cost of the car which is a styling by the motoring Press and even described by Autocar as far cry from the 15% achieved on the so-called common platform reminiscent of Ferrari from some angles.
Recommended publications
  • Activities Directory
    ACTIVITIES DIRECTORY This publication is created and edited by Liana, Graphic Designer, [email protected] www.designpixstudio.com If you see wrong date information, the 2018 date was not available at the time of this distributed publication. You can either call or visit their website for current information. If you have a listing that you would like to submit to this publication, please email [email protected] and put in subject Activities Directory ATTRACTIONS & FUN FARMER’S MARKETS ANNUAL EVENTS FESTIVALS & CONCERTS COUNTY FAIRS INSTRUCTION/CLASSES LIBRARIES ORGANIZATIONS FOR MOMS/KIDS PUBLIC PARKS & RECREATION RECREATION/SPORTS THEATRES WATER PARKS & SWIM OUTDOOR WATER PARKS - INDOOR INDOOR, RAINY & WINTER DAYS Designpixstudio.com August 2018 WEBSITES www.dotoledo.org DISCOUNTS www.aaanwohio.com www.tirestoledo.org http://toledo.entertainment.com/discount/home.shtml Costco in store Designpixstudio.com August 2018 ATTRACTIONS & FUN AFRICAN SAFARI WILDLIFE PARK BOUNCE - JUNGLE JAVA http://www.africansafariwildlifepark.com/ www.junglejavaplay.com Toll Free: 800-521-2660 ext 3 Ann Arbor, MI OR Canton, MI Phone: 419-732-3606 Fax: 419-734-1919 Open Play Everyday 267 Lightner Road, Port Clinton, Ohio 43452 Entertainment Book Coupon BOUNCE / PLAY - HERO’S 419-873-9400 BUTTERFLY HOUSE 9851 Meridian Ct, Rossford, OH 43460 http://www.wheelerfarms.com/butterfly- [email protected] house/ www.heroestoledo.com 419-877-2733 Birthday Parties 11455 Obee Road, Whitehouse Ohio 43571 Open Play Dates E-Mail: [email protected]
    [Show full text]
  • TOLEDO CITY PLAN COMMISSION REPORT July 11, 2019
    TOLEDO CITY PLAN COMMISSION REPORT July 11, 2019 Toledo-Lucas County Plan Commissions One Government Center, Suite 1620, Toledo, OH 43604 Phone 419-245-1200, FAX 419-936-3730 MEMBERS OF THE TOLEDO-LUCAS COUNTY PLAN COMMISSIONS TOLEDO CITY PLAN COMMISSION LUCAS COUNTY PLANNING COMMISSION KEN FALLOWS DON MEWHORT (Chairman) (Chairman) ERIC GROSSWILER MICHAEL W. DUCEY (Vice Chairman) (Vice Chairman) JULIA BRYANT TINA SKELDON WOZNIAK (County Commissioner) JOHN ESCOBAR PETER GERKEN BRANDON REHKOPF (County Commissioner) GARY L. BYERS (County Commissioner) MIKE PNIEWSKI KEN FALLOWS MEGAN MALCZEWSKI JULIA BRYANT BRANDON REHKOPF JOSHUA HUGHES THOMAS C. GIBBONS, SECRETARY LISA COTTRELL, ADMINISTRATOR TOLEDO-LUCAS COUNTY PLAN COMMISSIONS APPLICATION DEADLINE, AGENDA, STAFF REPORT AND HEARING SCHEDULE - 2019 APPLICATION AGENDA STAFF HEARING DEADLINE* SET REPORT DATE DISTRIBUTED CITY PLAN COMMISSION (HEARINGS BEGIN AT 2PM) November 28 December 21 December 28 January 10 December 31 January 28 February 1 February 14 January 28 February 25 March 1 March 14 February 25 March 25 March 29 April 11 March 25 April 22 April 26 May 9 April 29 May 20 May 31 June 13 May 28 June 24 June 28 July 11 June 24 July 22 July 26 August 8 July 29 August 26 August 30 September 12 August 26 September 23 September 27 October 10 September 23 October 21 October 25 November 7** October 21 November 18 November 22 December 5** COUNTY PLANNING COMMISSION (HEARINGS BEGIN AT 9AM) December 10 January 7 January 11 January 23 January 14 February 11 February 15 February 27 February 11
    [Show full text]
  • Modern Moparmopar ER CAR SL C Y L R U H B
    HRYSLE R C O C A F R S C O L U U T B H A U A STR ALI Modern Mopar ER CAR SL C Y L R U H B C O F A I S L O A GHFHPEHURPDUFKR U R TH AUST President Iain Carlin General monthly meetings are held on the FIRST Tuesday of every month at: Vice President Hugh Mortimer The West Adelaide Football Club, 57 Milner Rd, Richmond. Secretary Di Hastwell Treasurer Greg Helbig Events Coordinator Damian Tripodi ACF Coordinator Jason Rowley Regular - $40.00 per year (& quarterly magazine) Events Organisers John Leach Historic Registration - $50 per year (& quarterly magazine) Chris Taylor Historic Registrar Stuart Croser Inspectors North John Eckermann Jason Rowley South Chris Hastwell Charles Lee Central Rob McBride Dave Hocking Sponsorship & Marketing Evan Lloyd Club Library Iain Carlin Editorial / Design Dave Heinrich Webmasters Iain Carlin Dave Heinrich Photography Mary Heath Iain Carlin Lesley Little Ingrid Matschke Damian Tripodi Paris Charles John Antinow Charles Lee Mandy Walsh Contributors Iain Carlin Hugh Mortimer Lesley Little Rick Saxon John Antinow Guy Oakes Stuart Croser Damian Tripodi Source Wikipedia Allpar Hot Rod Car Advice Car & Driver FourWheeler.com DISCLAIMER CarWeekly.co.uk Chrysler, Jeep®, Dodge and Mopar are registered trademarks of FCA LLC and are used with permission by the Chrysler Car Club of South Australia. Enquiries Torqueback is not a commercial publication and is only published in good faith as a newsletter for a not-for-proÀt organisation. Club Mobile The mention of companies, products or services, and the inclusion of advertisements in this magazine does not immediately 0412 426 360 imply any automatic endorsement by the Chrysler Car Club of South Australia or its editorial team.
    [Show full text]
  • CRS-Powering-Down-Ohio-Report.Pdf
    www.centerforregulatorysolutions.org Contents 1.0 KEY FINDINGS 3 2.0 EXECUTIVE SUMMARY 6 3.0 OZONE BASICS 11 4.0 HISTORY OF OZONE IN OHIO 15 5.0 OHIO IMPACTS 19 5.1 Overview 19 5.2 Cleveland Metro Area 23 5.3 Cincinnati Metro Area 26 5.4 Ohioans Like Their Air Better Than They Like Their Economy – Fear Over-Regulation 28 6.0 OHIOANS ARE NOT ALONE – OPPOSITION TO THE EPA’S OZONE RULES COMES FROM ACROSS THE U.S. 31 7.0 CONCLUSION 38 8.0 BIBLIOGRAPHY 39 APPENDIX A: OHIO-TESTIMONIALS 46 APPENDIX B: OHIO NONATTAINMENT ECONOMIC IMPACT BY COUNTY 51 About Us The Center for Regulatory Solutions is a project of the Small Business and Entrepreneurship Council, a 501c(4) advocacy, research, education and networking organization dedicated to protecting small business and promoting entrepreneurship. The SBE Council works to educate elected officials, policymakers, business leaders and the public about key policies that enable business start-up and growth. 2 www.centerforregulatorysolutions.org 1.0 KEY FINDINGS • The Obama Administration and the U.S. Environmental Protection Agency (EPA) are currently considering a plan to dramatically tighten federal ozone limits to an unprecedented 65 to 70 ppb. If implemented, this plan would cause significant damage to Ohio’s economy. • The very industries that buoyed Ohio’s economy through the economic downturn, manufacturing, energy, and construction, will be targeted by this regulation. • Today, most of Ohio is meeting the 2008 standard, with the counties surrounding Cincinnati, Columbus, and Cleveland classified as being in “marginal nonattainment.” Under this classification, the EPA will not impose penalties or new planning requirements.
    [Show full text]
  • The Ohio Motor Vehicle Industry
    Research Office A State Affiliate of the U.S. Census Bureau The Ohio Motor Vehicle Report February 2019 Intentionally blank THE OHIO MOTOR VEHICLE INDUSTRY FEBRUARY 2019 B1002: Don Larrick, Principal Analyst Office of Research, Ohio Development Services Agency PO Box 1001, Columbus, Oh. 43216-1001 Production Support: Steven Kelley, Editor; Jim Kell, Contributor Robert Schmidley, GIS Specialist TABLE OF CONTENTS Page Executive Summary 1 Description of Ohio’s Motor Vehicle Industry 4 The Motor Vehicle Industry’s Impact on Ohio’s Economy 5 Ohio’s Strategic Position in Motor Vehicle Assembly 7 Notable Motor Vehicle Industry Manufacturers in Ohio 10 Recent Expansion and Attraction Announcements 16 The Concentration of the Industry in Ohio: Gross Domestic Product and Value-Added 18 Company Summaries of Light Vehicle Production in Ohio 20 Parts Suppliers 24 The Composition of Ohio’s Motor Vehicle Industry – Employment at the Plants 28 Industry Wages 30 The Distribution of Industry Establishments Across Ohio 32 The Distribution of Industry Employment Across Ohio 34 Foreign Investment in Ohio 35 Trends 40 Employment 42 i Gross Domestic Product 44 Value-Added by Ohio’s Motor Vehicle Industry 46 Light Vehicle Production in Ohio and the U.S. 48 Capital Expenditures for Ohio’s Motor Vehicle Industry 50 Establishments 52 Output, Employment and Productivity 54 U.S. Industry Analysis and Outlook 56 Market Share Trends 58 Trade Balances 62 Industry Operations and Recent Trends 65 Technologies for Production Processes and Vehicles 69 The Transportation Research Center 75 The Near- and Longer-Term Outlooks 78 About the Bodies-and-Trailers Group 82 Assembler Profiles 84 Fiat Chrysler Automobiles NV 86 Ford Motor Co.
    [Show full text]
  • Automotive News, 2019 Ohio’S Motor Vehicle Industry: Production and Employment Trends
    Ohio’s Motor Vehicle Industry: The Latest Descriptions Economic Contributions and Concentrations Industry Output: Sources of Value-Added in Ohio • The motor vehicle industry (NAICS 3361-3) in Ohio add- ed $16.08 billion in value to U.S. output during 2016 – Total: $16.08 8.9 percent of the national total. In comparison, 3.4 per- billion cent of all U.S. goods and services came from Ohio, in- dicating the industry’s concentration here. 3361: Assembly, • 63.1 percent of the industry output in Ohio during 2016 $5.37, 33% came from the parts group (3363), as measured by dol- lar value-added, followed by assembly plants (3361) at 33.4 percent, and bodies-campers-trailers-motor homes 3363: Parts, (3362) at 3.5 percent. (Figures are rounded.) $10.14, 63% • The parts group also is the most concentrated with 12.1 percent of national output. It is followed by assembly 3362: plants at 6.5 percent and bodies-trailers-campers-motor Bodies, etc., $0.57, 4% homes at 3.8 percent of national output. Ohio ranked 2nd, 3rdand 5th, respectively, and 3rd overall. Source: U.S. Census Bureau, 2018 • The most recent jobs data further specify industry con- centrations here. All are concentrated in Ohio. The Ohio’s Share of U.S. Motor Vehicle Industry Jobs more-concentrated industries are medium- and heavy- NAICS Share duty truck and bus assembly, electrical and electronic Code Industries of U.S. equipment, brake systems, transmissions and power- 1 11-81 Private Sector Total (exc. Farm & Rail) 3.8% train parts, seating and interior trim, and stampings.
    [Show full text]
  • Cover Front & Back.Indd
    Ohio Department of Natural Resources 2045 Morse Road Columbus OH 43229 ohiodnr.com Bob Taft, Governor Sam Speck, Director Trails for Ohioans A PLAN FOR THE FUTURE Prepared by Ohio Department of Natural Resources Division of Real Estate and Land Management 2045 Morse Road Columbus OH 43229-6693 April, 2005 Bob Taft, Governor Sam Speck, Director Paul R. Baldridge, Chief REALM William E. Daehler Jr., Recreation Services Administrator REALM Table of Contents Chapter 1 Introduction Ohio Trails Initiative ................................................................................ 2 Purpose and Vision .................................................................................. 3 Benefits of Trails ...................................................................................... 4 Ohio Trail History .................................................................................... 5 Public Participation in Ohio Trails Plan ................................................... 8 Chapter 2 The State of Trails in Ohio Major Findings ......................................................................................... 9 Chapter 3 Trail Participation and Activities Survey of Ohio Households ................................................................... 12 Trail Activities ........................................................................................ 16 Walking for Pleasure .............................................................................. 17 Jogging/Exercise Running ....................................................................
    [Show full text]
  • Press Release 12/20/2018
    PRESS RELEASE 12/20/2018 Mike Brice, Public Relations Specialist 419-255-8000 ext. 7301 [email protected] Lynnette Werning, Blue Water Communications 800-975-3212 [email protected] Toledo Museum of Art presents first exhibition to focus on car culture with emphasis on the Midwest Life Is a Highway: Art and American Car Culture opens next spring TOLEDO, Ohio – The rise of the automobile as a popular visual symbol of American culture will be explored in Life Is a Highway: Art and American Car Culture. The exhibition will feature approximately 125 works of art in a wide variety of media – including painting, sculpture, photography, prints and drawings – drawn from the collection of the Toledo Museum of Art (TMA) along with important loans from many other North American institutions. The exhibition will be on view June 15-Sept. 15, 2019, at TMA, the exclusive U.S. venue. This project is the first U.S. exhibition to provide an inclusive, historical overview of artists inspired by American car culture with an emphasis on the Midwest region. Mapped across four thematic focal points, Life is a Highway brings together a diverse selection of 20th-century artists who chronicle the automobile’s role in reshaping the American landscape and cultural attitudes of self-expression. Life Is a Highway is curated by Robin Reisenfeld, Ph.D., TMA’s works on paper curator. “Located in one of the nation’s and the Midwest’s leading manufacturing centers, The Toledo Museum of Art is uniquely positioned to organize this groundbreaking look at the impact and iconography of the automobile in American visual culture,” said Brian Kennedy, TMA’s Edward Drummond and Florence Scott Libbey director.
    [Show full text]
  • Municipal Strategy Report
    Municipal Strategy Report A Monthly Analytical Services Division Publication July 2018 Consumer Providing Steady Growth to Economy In this Issue Several factors are lending support to consumer spending, which is expected to experience solid growth through the end of this this year and into the next. Consumer Providing Steady Growth to Economy 1 By Chris Mier, CFA | Strategist Economic and Interest Rate The trajectory of economic growth is expected There are a multitude of factors lending Forecast — July 2018 3 to slow from 2018 to 2019 with GDP growth support to consumer spending. Household Market Review Data Diffusion | for the year expected to come in at roughly balance sheets are in solid shape and are well ADS Index 4 3.0% in 2018 and to fall to between 2.0% and insulated from rising short term interest rates 2.5% in 2019. While there are a number of given the low exposure to revolving credit as a Houston Continues to Rebuild causal factors implicated in the expected percentage of total debt. The ratio of After Hurricane Harvey 5 slowdown—higher interest rates, the household debt to disposable income has Investment Trends among Muni diminishing impact of fiscal policy, the impact bottomed at a favorable level and will sustain Bondholders 8 of protectionism, the longevity of the the capacity to spend longer-term. recovery—consumer spending is not likely to Delinquencies, absent some problems in the Auto Industry Struggles to Keep Pace 12 be one of them. The Loop economic forecast student loan sector and upturns in autos and anticipates consumption of 2.4% in 2018 and credit cards, are manageable.
    [Show full text]
  • BLS Contract Collection – Metadata Header
    BLS Contract Collection – Metadata Header This contract is provided by the Martin P. Catherwood Library, ILR School, Cornell University. The information provided is for noncommercial educational use only. Some variations from the original paper document may have occurred during the digitization process, and some appendices or tables may be absent. Subsequent changes, revisions, and corrections may apply to this document. For more information about the BLS Contract Collection, see http://digitalcommons.ilr.cornell.edu/blscontracts/ Or contact us: Catherwood Library, Ives Hall, Cornell University, Ithaca, NY 14853 607-254-5370 [email protected] Contract Database Metadata Elements (for a glossary of the elements see - http://digitalcommons.ilr.cornell.edu/blscontracts/2/) Title: DaimlerChrysler Corporation and International Union, United Automobile Aerospace and Agricultural Implement Workers of America (UAW) Local 12 (Jeep Unit) (2003) K#: 4046 Employer Name: DaimlerChrysler Corporation Location: OH Toledo Union: International Union, United Automobile Aerospace and Agricultural Implement Workers of America (UAW) Local: 12 (Jeep Unit) SIC: 3711 NAICS: 336111 Sector: P Number of Workers: 5600 Effective Date: 12/29/03 Expiration Date: 11/14/11 Number of Pages: 340 Other Years Available: Y For additional research information and assistance, please visit the Research page of the Catherwood website - http://www.ilr.cornell.edu/library/research/ For additional information on the ILR School, http://www.ilr.cornell.edu/ H- o y L AGREEMENT between
    [Show full text]
  • CITY of TOLEDO, OHIO 2011 Annual Information Statement
    CITY OF TOLEDO, OHIO 2011 Annual Information Statement in connection with Bonds and Notes of the City of Toledo In addition to providing information on an annual basis, the City of Toledo intends that this Annual Information Statement be used, together with information to be provided by the City specifically for that purpose, in connection with the original offering and issuance by the City of its bonds and notes. Questions regarding information contained in this Annual Information Statement should be directed to: Patrick A. McLean Director of Finance One Government Center, Suite 2050 Toledo, Ohio 43604-2293 Telephone (419) 245-1648 E-Mail: [email protected]. The date of this Annual Information Statement is August 31, 2011. REGARDING THIS ANNUAL INFORMATION STATEMENT The information and expressions of opinion in this Annual Information Statement are subject to change without notice. Neither the delivery of this Annual Information Statement nor any sale made under it shall, under any circumstances, give rise to any implication that there has been no change in the affairs of the City since its date. TABLE OF CONTENTS Page INTRODUCTORY STATEMENT................................................................................................... 1 THE CITY ............................................................................................................................................ 2 General Information .....................................................................................................................
    [Show full text]
  • The Resurgence of the American Automotive Industry
    The Resurgence of the American Automotive Industry June 2011 Introduction When President Obama took office, the American automobile industry was on the brink of collapse. The President, as part of a larger effort to combat an historic economic crisis, made a difficult decision to provide support to General Motors (GM) and Chrysler on the condition that they, and all of their stakeholders, make the sacrifices necessary to fundamentally restructure their businesses and “Many people thought [the GM] bail-out (and a commit to tough-minded plans to return to viability. smaller one involving Chrysler, an even sicker firm) unwise… Yet the doomsayers were wrong.” The President’s decision to save GM and Chrysler was about - The Economist, April 19, 2011 more than those two companies. It was about standing behind the countless workers, communities, and businesses – large and small – that depend on the automotive industry. Two years later, the American auto industry is mounting a comeback. General Motors is expanding production and adding jobs, while Chrysler recently repaid its outstanding loans to the U.S. Treasury - six years ahead of schedule. Since GM and Chrysler emerged from bankruptcy, the auto industry has created 115,000 jobs, its strongest period of job growth since the late 1990s. GM, Ford and Chrysler have all returned to profitability, and in 2010, the “Detroit three” gained market share for the first time since 1995. While American manufacturing continues to face substantial challenges, its future prospects are stronger than they have been in over a decade. 1 An Industry in Crisis Amidst an historic recession and financial crisis, the liquidation of major American au to companies threatened to eliminate more than one million jobs.
    [Show full text]