Tuesday, Feb. 28th
6:30 - 8:30 pm
Hilton Garden Inn
420 Totten Pond Rd.
Waltham, MA 02451
Click here for Directions
At our first meeting on Jan. 24th we discussed:
Posted: Mon, February 20th, 2012
Last updated: Mon, February 20th, 2012
Members: $49.95 | Non-Members: $89.95
Posted: Fri, February 10th, 2012
Last updated: Fri, February 10th, 2012
The U.S. government will decide next year whether to begin making rules that would mandate vehicle to vehicle communication technology in new cars, according to comments made by the head of the National Highway Traffic Safety Administration in Michigan this week.
Speaking at the Automotive Megatrends USA 2012 conference on Tuesday, NHTSA Administrator David Strickland was quoted by the Detroit Free Press as saying, "We will make an agency decision in 2013."
According to the report, Strickland said, "We have been working on this notion for over a decade. It's time to go fishing. We're done cutting bait."
The safety administrator said connected-vehicle technology is NHTSA's next major step to reduce traffic fatalities. Connected vehicle technology has the potential to avoid up to 80 percent of crash scenarios, Strickland said.
Posted: Thu, February 2nd, 2012
Last updated: Thu, February 2nd, 2012
After the deal closes, flow equipment -- pumps, filters and other gear used in producing liquids ranging from dairy products to petroleum -- will represent more than half the diversified U.S. manufacturer's roughly $5 billion in annual revenue, with the rest coming from equipment used in power plants and industrial controls.
The company plans to use the proceeds of the sale to pay down its debt, which had risen following its December acquisition of British pump maker ClydeUnion, and to buy back shares.
Chief Executive Chris Kearney said he plans "to build out what has now become the foundation of the company, and that is the flow segment."
A number of analysts noted SPX got a good price for its business. The company said other potential auto-sector buyers had been interested.
SPX shares rose $2.81 to $69.23 in early trading on the New York Stock Exchange. Over the past year, SPX shares have fallen by 9.3 percent, while the Standard & Poor's capital goods industry index .GSPIC is up 1.6 percent.
Posted: Thu, January 26th, 2012
Last updated: Thu, January 26th, 2012
Battery car start-ups race to prove critics wrong
Fisker Automotive and Tesla Automotive have run into speedbumps on the road to producing a viable battery car. But they aren't giving up.
Honda recalling 46,000 vans to fix rear doors
Honda is recalling nearly 46,000 Odyssey minivans in the U.S. because the rear doors can fall on people unexpectedly, and have on at least two occasions.
Nevada first state to authorize driverless cars
The Jetsons would feel right at home in Nevada -- which this month became the first state in the nation to formally approve legislation authorizing the use of autonomous vehicles on its roadways.
New amphibious truck targeted to first responders
ARLINGTON, Va.
Group names top female-friendly car dealers
Women are more likely than men to express frustration at the car buying experience. But that’s beginning to change thanks to women who are using word-of-mouth and social media to get the word about which dealers to patronize and which to avoid.