Auto Car Show Parts

CRI June 7 rising General Motors has invested 1 billion dollars to set up a venture capital group, to discover and invest for automobile and transportation technologies.

Will act as the subsidiary CEO Jon ・ lauckner (Jon Lauckner) said, "the ideal as a result, we made a strategic investment that determine the company get useful techniques and incorporate them into our car, so give us a huge competitive advantage and return on investment. "The Investment Corporation is the Vice President by General Stephen ・ GE Zaton (Stephen J. Girsky), President and CEO Ed ・ Whittaker (Ed Whitacre) and shared vision of the Board of Directors.

Detroit's largest vehicle manufacturers have set up the idea of venture investment group. Ford ・ Ford CEO Bill (Bill Ford Jr.) this year creating a venture capital company for investment in the transport industry. Chrysler and Clemson University jointly established a non-profit joint venture, as a number of start-up companies and car manufacturers and level vendor ties.

GE Zaton said: "our goal is to cultivate these innovative technologies, and bring them to market, to ensure that our customers to get the best technology. "Auto analyst Joey ・ Philippi (Joe Phillippi) said that, given the car manufacturers are facing more stringent emissions standards, and are eager to find an alternative fuel for internal combustion engines, general purpose of this investment is wise. He said, "it is well known that a car is necessary to use the internal combustion engine. If you want it to disappear, at least 50 years, but we don't know what to replace it. ”

Lauckner said, "the introduction of any item will affect the entire automotive industry of new technology, will be a very lengthy process, this 1 billion (USD) is only the beginning. "Possible investment can include battery technology and infotainment devices, the former for General incipiently helpful, which can increase the security for the general provision and navigation service OnStar's value.

Universal spokeswoman Shirley ・ Cyr des ・ Abu (Sherrie Childers Arb) said, "we think we have some of the industry-leading technology, but also in other areas. "Lauckner new role also makes common management layer team reorganization. General United States sales company Vice President Steve ・ Carlisle (Steve Carlisle) will fill the vacancy lauckner, GM Global Vice President of product planning. Carlyle's position will be responsible for common global marketing and services of Tang ・ Johnson (Don Johnson) to succeed.

（yoyo）