| Torque News

Chrysler may hire 3,000 - add shifts in Michigan and Illinois

According to a top UAW official, Chrysler may add more than 3,000 jobs in Michigan and Illinois to accommodate added production shifts at three facilities building some of their most popular models.

May 12, 2011 - 3:45PM EDT
By: Patrick Rall

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Porsche to build new US headquarters in Atlanta

Porsche Cars North America (PCNA) has announced that they will begin building a new North American headquarters near the Hartsfield-Jackson Atlanta International Airport in Atlanta, which will share space with Porsche Business Services and Porsche Financial Services – housing nearly all North American corporate offices in one location.

May 12, 2011 - 1:35PM EDT
By: Patrick Rall

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GM investing 2 billion in US plants, creating/preserving 4,000 jobs

General Motors has announced that they would be investing roughly $2 billion in production facilities around the United States – helping to create or preserve over 4,000 jobs across 17 plants and 8 U.S. states.

May 12, 2011 - 12:11PM EDT
By: Patrick Rall

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Raytheon: Cyclone Power's combustion engine game changer

Raytheon engineers are addressing the need for an alternative power source for military use through the use of external combustion engines and monopropellant fuels. Enter its arrangement with Cyclone Power.

May 12, 2011 - 11:35AM EDT
By: Frank Sherosky

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Saab/Spyker partnership with Hawtai Motors terminated

It has been just over a week since Spyker Cars announced that they were entering into a partnership with Chinese firm Hawtai Motors – a move which many expected would preserve the Swedish automakers short term future – but this morning Spyker announced that the deal with Hawtai has been terminated.