Hydrogen, hydrogen generators, hho, gas savers - The Definitive Facts
by Denys Allard
The purpose of this article is to dispel the myths, misinformation, and confusion induced largely by members of the media and others who are not too knowledgeable in this field. Part of the problem is that; the onslaught of "Run Your Car on Water" ads all over the internet is misleading. Although this is possible, these ads are referring to electrolyzers/hydrogen boosters which is a fuel saving device. "Supplemental hydrogen" would be a more accurate term. Unfortunately, there are some bogus companies out there but this device is real and it does work. There are many credible sources for information on this; The National Hydrogen Association, the EPA, and the U.S. Dept. of Energy (just to name a few). An electrolyzer/hydrogen booster generates hydrogen and oxygen (hho/Brown's gas) and should not be confused with hydrogen fuel cells which produces electricity and can be used to power an electric car.
The authors of these build-your-own plans all over the internet (in many cases) are not very knowledgeable. There are many factors to consider and the efficiency of the product (and whether or not it works) is going to depend on it. Also, the tools & materials needed to build something, with some quality, can be costly. I have read several articles from supposedly authoritative, professional, intelligent people who were claiming that these devices don't work. After reviewing their test procedures, it came as no surprise to me that they got negative results. Unless you really know what you are doing, you're better off buying a pre-made product from a reputable manufacturer with a guarantee.
The electrolysis (disassociation of water) process occurs when you apply about 2 volts to water but the device simply does not produce enough hydrogen to run a vehicle on it's own but can increase mileage significantly and, with gas prices nowadays, is a big plus. Adding an electrolyte to the water (such as potassium hydroxide) does increase hydrogen production but also increases amperage and generates heat as a result. Also, pulsed dc. is actually more efficient than straight dc. from your car's battery.
A device called an EFIE (electronic fuel injection enhancer) should also be used as this compensates for the added oxygen in your intake. Your oxygen sensors monitors and sends a small voltage to your car's computer telling it whether your a/f ratio is too rich or too lean. The EFIE sends a floating voltage on top of this telling your car's computer that your a/f ratio is too rich and subsequently cuts back on the gas to your fuel injector.
Hydrogen has a lower ignition rate than gasoline which means that it ignites at a lower temperature so it is quite easy to burn hydrogen in a combustion engine. However, hydrogen also has a lower density rate than gasoline which means that it takes a lot of it to run a vehicle. Running a vehicle without gasoline (such as what Stan Meyer did) involves changing the state of the hydrogen to a higher energy state because of its low density. This involves some physics which I will not get into here.
Article Summary: Whether you call them electrolyzers or hydrogen boosters, the bottom line is that these devices do work and improving mileage is a step in the right direction. There are several benefits to burning supplemental hydrogen; it burns cleaner than gasoline alone and helps clean carbon deposits out of your engine. The result is more horsepower, fewer emissions, and obviously, spending less money on gas and LESS DEMAND = LOWER PRICES at the pump. I, personally, have had an electrolyzer in my car for the last 18 months and have been very pleased with the results.
วันศุกร์, พฤศจิกายน 14, 2008
วันเสาร์, กรกฎาคม 5, 2008
What is the Process Of Running Your Car With Water? : New daewoo new hybrid water car review 2009
What is the Process Of Running Your Car With Water?
by Abhinav Sidana
Is it possible for a vehicle to run on water alone? The truth is, no! The vehicle will still need gasoline to run but by changing a few parts, the technology of water and fuel mixture will produce a very low cost hydrogen run hybrid vehicle. This hybrid will be running on the mixture of molecules in the water, the oxygen, and hydrogen it produces. The process is safe for vehicles which use regular gasoline and also diesel fuel. Smaller vehicles are more apt to see results in fuel consumption than the larger vans and trucks would. Even so, this technology will still help in a small way with the larger vehicles. The hybrid water vehicle is simple made from some basic items one can find at a regular hardware store. These parts separate the molecules in the water by using the energy from the battery and create a HHO gas compound. This HHO gas is sent through the intake manifold and produces a better burn for the fuel you are using. This gas is not volatile as others and will burn much better. The conversion kit is easy to put into the vehicle and the instructions can be found on many of the internet websites. The process of changing your vehicle around to run on water is virtually safe to use. The amount of danger is minimal. It would be more of a hazard to change the oil in your vehicle than to use this process. Make sure to keep open flames away from the HHO gas or try to light the Hydrogen. This is not a great idea to begin with! You will not like the results when it does ignite if you are still around to see it. This process makes the vehicle run in a safer way than without it. The mix of the fuel produces less combustible gas than it did before the water was added. The addition of new components to run water through will also not harm the engine in any way. The fuel burn will be at cooler temperatures than before causing lower wear on the engine itself. Your vehicle will last longer which means less money out of pocket for a new vehicle or engine repairs.
Related : http://newcarhybrid.com/ : http://honda-newcar.com/ : http://singhakom.com/ : http://newcarnewmodel.com/
by Abhinav Sidana
Is it possible for a vehicle to run on water alone? The truth is, no! The vehicle will still need gasoline to run but by changing a few parts, the technology of water and fuel mixture will produce a very low cost hydrogen run hybrid vehicle. This hybrid will be running on the mixture of molecules in the water, the oxygen, and hydrogen it produces. The process is safe for vehicles which use regular gasoline and also diesel fuel. Smaller vehicles are more apt to see results in fuel consumption than the larger vans and trucks would. Even so, this technology will still help in a small way with the larger vehicles. The hybrid water vehicle is simple made from some basic items one can find at a regular hardware store. These parts separate the molecules in the water by using the energy from the battery and create a HHO gas compound. This HHO gas is sent through the intake manifold and produces a better burn for the fuel you are using. This gas is not volatile as others and will burn much better. The conversion kit is easy to put into the vehicle and the instructions can be found on many of the internet websites. The process of changing your vehicle around to run on water is virtually safe to use. The amount of danger is minimal. It would be more of a hazard to change the oil in your vehicle than to use this process. Make sure to keep open flames away from the HHO gas or try to light the Hydrogen. This is not a great idea to begin with! You will not like the results when it does ignite if you are still around to see it. This process makes the vehicle run in a safer way than without it. The mix of the fuel produces less combustible gas than it did before the water was added. The addition of new components to run water through will also not harm the engine in any way. The fuel burn will be at cooler temperatures than before causing lower wear on the engine itself. Your vehicle will last longer which means less money out of pocket for a new vehicle or engine repairs.
Related : http://newcarhybrid.com/ : http://honda-newcar.com/ : http://singhakom.com/ : http://newcarnewmodel.com/
วันศุกร์, พฤษภาคม 30, 2008
Auto Loans No Credit History �" Credit History No More Troubles You : New daewoo loan credit 2009 review
Auto Loans No Credit History �" Credit History No More Troubles You : New daewoo loan credit 2009
by Mark Warne
Introduction: Have you lost your dreams or being haunted by the lenders in the dream also? Are you losing your confidence to fulfill your dream of a car? If you are then don't. Because options are available in the market in form of auto loans no credit history. As the very name implies there will be no credit evaluation of the borrower. So people who are not having sound financial standings and some credit defaults can also apply for this type of loan. Various flexible features: Lender won't look up into your credit history, but still he may be exposed to higher amount of risk. So to get over this, lender may charge high interest rate against the loan or may ask for collateral against the loan to reduce the risk involved. In both cases at the last the borrower is going to be benefited. This loan is secured against the collateral pledged. Interest and all other figures attached to it are highly dependent on the equity present in the security offered. But borrower has to be careful in this case, as in case of any default in repayment process lender has the full right to posses your car. A little down payment has to be made against auto loans no credit history. Going for high down payment, you can get the interest reduced. Credit will not create any problem in obtaining the loan. All UK citizens are eligible to apply for. Be strict in your monthly installments as it will give you a chance to boost your credit status again. How to apply: Auto loans can be obtained from a number of financial institutions like banks, private loan lending companies or even from auto dealers also. Nowadays all of the lenders are coming online making it more accessible for their customers. Borrower will get a chance to select the best one for him
relate : hybrid car review
Save Samsung LCD HDTV : RayongHotelGuide.com
by Mark Warne
Introduction: Have you lost your dreams or being haunted by the lenders in the dream also? Are you losing your confidence to fulfill your dream of a car? If you are then don't. Because options are available in the market in form of auto loans no credit history. As the very name implies there will be no credit evaluation of the borrower. So people who are not having sound financial standings and some credit defaults can also apply for this type of loan. Various flexible features: Lender won't look up into your credit history, but still he may be exposed to higher amount of risk. So to get over this, lender may charge high interest rate against the loan or may ask for collateral against the loan to reduce the risk involved. In both cases at the last the borrower is going to be benefited. This loan is secured against the collateral pledged. Interest and all other figures attached to it are highly dependent on the equity present in the security offered. But borrower has to be careful in this case, as in case of any default in repayment process lender has the full right to posses your car. A little down payment has to be made against auto loans no credit history. Going for high down payment, you can get the interest reduced. Credit will not create any problem in obtaining the loan. All UK citizens are eligible to apply for. Be strict in your monthly installments as it will give you a chance to boost your credit status again. How to apply: Auto loans can be obtained from a number of financial institutions like banks, private loan lending companies or even from auto dealers also. Nowadays all of the lenders are coming online making it more accessible for their customers. Borrower will get a chance to select the best one for him
relate : hybrid car review
Save Samsung LCD HDTV : RayongHotelGuide.com
วันพฤหัสบดี, พฤษภาคม 22, 2008
The Five Years of the Daewoo Lanos : New daewoo hybrid car 2009
The Five Years of the Daewoo Lanos
by: Joe Thompson
Owning up to an overall length of only 160.4 inches for the hatchback version and only 166.8 inches for the sedan version, the Daewoo Lanos has been considered to be one of the smallest cars in the business. But do not think it is much smaller than one of the smallest cars, the Mini Cooper. The Daewoo Lanos is not that small. The Daewoo Lanos has actually been crafted in two versions, as mentioned, the hatchback and the sedan. The hatchback holds two doors while there are four doors for the sedan version. The wheelbase of the vehicle is some 99.2 inches, and it stands 56.4 inches and is 66.1 inches wide. Its fuel tank can take in some 12.8 gallons of gas and both versions can actually seat and take in five passengers. Manufactured by Daewoo, the Daewoo Lanos has been in production starting from 1997. However, this vehicle line’s saga ended after a couple of years in 2002. When its production was halted, the space and niche that it left blank was filled in by the Daewoo Kalos late in the year 2002. It has been said that its competition were actually the Toyota Echo, the Hyundai Accent, the Suzuki Swift, the Dodge/Plymouth Neon, the Ford Focus, the Ford Escort/ZX2, the Honda Civic, and the Kia Rio. The Hyundai Accent was considered to be the Daewoo Lanos’ main competition. The Daewoo Lanos is indeed a subcompact car. The design and style that it sported was the masterpiece of Giorgetto Giugiaro. The power of this vehicle came from the GM Family 1 D-TEC engines. These engines ranged from a 1.5 L SOHC to a 1.6 L DOHC. These engines were dual-overhead and held four cylinders. Each were offered to work with either a five speed manual shift transmission system or the optional four speed automatic transmission system. It has been said that the Daewoo Lanos is a small car. However, this was possibly on the basis that it is the smallest vehicle of the trio of passenger cars that came out to the automobile market in the year 1999 from its manufacturer, Daewoo. It was a front wheel drive vehicle and it was made available in three trim levels which comprised of the S, the SE, and the SX. The latter was considered to be the top of the line trim level among all three levels of the Daewoo Lanos. http://www.carpartswholesale.com provides you the best value for Daewoo parts online. In fact, it holds one of the web’s most powerful and most advanced auto parts shopping systems. By simply browsing through Auto Parts Discount’s online stock and collection of top of the line Daewoo parts and accessories, one could find a wide array of Daewoo parts like bumpers, a/c condensers, radiator, radiator supports, wheels, and WingDoors conversion kits among many others. One could shop comfortably for Daewoo parts within Auto Parts Discount’s secure and confidential ordering system.
Relate: Hybrid car
Save store : Samsung LCD TV
Save thai hotel
by: Joe Thompson
Owning up to an overall length of only 160.4 inches for the hatchback version and only 166.8 inches for the sedan version, the Daewoo Lanos has been considered to be one of the smallest cars in the business. But do not think it is much smaller than one of the smallest cars, the Mini Cooper. The Daewoo Lanos is not that small. The Daewoo Lanos has actually been crafted in two versions, as mentioned, the hatchback and the sedan. The hatchback holds two doors while there are four doors for the sedan version. The wheelbase of the vehicle is some 99.2 inches, and it stands 56.4 inches and is 66.1 inches wide. Its fuel tank can take in some 12.8 gallons of gas and both versions can actually seat and take in five passengers. Manufactured by Daewoo, the Daewoo Lanos has been in production starting from 1997. However, this vehicle line’s saga ended after a couple of years in 2002. When its production was halted, the space and niche that it left blank was filled in by the Daewoo Kalos late in the year 2002. It has been said that its competition were actually the Toyota Echo, the Hyundai Accent, the Suzuki Swift, the Dodge/Plymouth Neon, the Ford Focus, the Ford Escort/ZX2, the Honda Civic, and the Kia Rio. The Hyundai Accent was considered to be the Daewoo Lanos’ main competition. The Daewoo Lanos is indeed a subcompact car. The design and style that it sported was the masterpiece of Giorgetto Giugiaro. The power of this vehicle came from the GM Family 1 D-TEC engines. These engines ranged from a 1.5 L SOHC to a 1.6 L DOHC. These engines were dual-overhead and held four cylinders. Each were offered to work with either a five speed manual shift transmission system or the optional four speed automatic transmission system. It has been said that the Daewoo Lanos is a small car. However, this was possibly on the basis that it is the smallest vehicle of the trio of passenger cars that came out to the automobile market in the year 1999 from its manufacturer, Daewoo. It was a front wheel drive vehicle and it was made available in three trim levels which comprised of the S, the SE, and the SX. The latter was considered to be the top of the line trim level among all three levels of the Daewoo Lanos. http://www.carpartswholesale.com provides you the best value for Daewoo parts online. In fact, it holds one of the web’s most powerful and most advanced auto parts shopping systems. By simply browsing through Auto Parts Discount’s online stock and collection of top of the line Daewoo parts and accessories, one could find a wide array of Daewoo parts like bumpers, a/c condensers, radiator, radiator supports, wheels, and WingDoors conversion kits among many others. One could shop comfortably for Daewoo parts within Auto Parts Discount’s secure and confidential ordering system.
Relate: Hybrid car
Save store : Samsung LCD TV
Save thai hotel
วันจันทร์, พฤษภาคม 5, 2008
General Motors CNG & LPG Vehicles : New daewoo new car review 2009
General Motors CNG & LPG Vehicles
by Robert Jent
American demand for CNG (compressed natural gas) or LPG (liquefied natural gas) powered vehicles may not be high currently, in part, because American car companies like Detroit’s General Motors are not actively promoting them to U.S. customers. However, overseas in European and Asian markets, General Motors has quite an interest and prolific production of alternatively fueled vehicles with production continuing through GM’s foreign subsidiary companies. Truthfully, the amount of CNG and LPG filling stations that exist within the fueling infrastructure of the United States would necessitate expansion. While there do exist nearly 1,100 CNG filling stations across the U.S., many are for private or commercial fleets, and a large amount of them are located within California’s borders, so a cross-country trek in a natural gas powered vehicle would currently be out of the question. In Europe, because of the smaller distances to travel, and the more readily available filling stations, natural gas powered automobiles are on the rise.
Most American consumers are not familiar with the popularity of natural gas powered vehicles in Europe and do not realize that the same products could be marketable in the United States as well, with the right promotional help from General Motors and other American motor companies. In addition to producing natural gas fuelled vehicles for European motorists, General Motors is currently working with natural gas distributors and providers to expand and enhance the compressed natural gas infrastructure in Europe. With General Motors help, Germany’s number of filling stations will rise to 1,000 this year, Austria and Switzerland are expanding their numbers, and France will have over 300 in the next few years. Western European totals are currently around 2,000 and growing. General Motors Korean subsidiary, GM Daewoo, has an increasing number of liquefied natural gas powered vehicles on the road, 117,270 vehicles since 2002, helping to improve the overly polluted air of South Asia. GM Thailand hasn’t missed a beat either, with their Optra model being the first and only compressed natural gas vehicle offering a three-year/100,000 kilometer full warranty. General Motors is stepping up efforts in the United States, if hesitantly, with an increased focus on the renewable fuel E85 ethanol, made up of 85 percent ethanol and 15 percent gasoline. Ethanol can be produced locally and domestically from a large selection of different materials such as corn, grass, sugarcane, and agricultural waste.
As U.S. motor companies like General Motors increase their products’ relationships with natural gas, American companies such as Triple Diamond Energy Corp will undoubtedly be prepared to fill the new fueling needs.
by Robert Jent
American demand for CNG (compressed natural gas) or LPG (liquefied natural gas) powered vehicles may not be high currently, in part, because American car companies like Detroit’s General Motors are not actively promoting them to U.S. customers. However, overseas in European and Asian markets, General Motors has quite an interest and prolific production of alternatively fueled vehicles with production continuing through GM’s foreign subsidiary companies. Truthfully, the amount of CNG and LPG filling stations that exist within the fueling infrastructure of the United States would necessitate expansion. While there do exist nearly 1,100 CNG filling stations across the U.S., many are for private or commercial fleets, and a large amount of them are located within California’s borders, so a cross-country trek in a natural gas powered vehicle would currently be out of the question. In Europe, because of the smaller distances to travel, and the more readily available filling stations, natural gas powered automobiles are on the rise.
Most American consumers are not familiar with the popularity of natural gas powered vehicles in Europe and do not realize that the same products could be marketable in the United States as well, with the right promotional help from General Motors and other American motor companies. In addition to producing natural gas fuelled vehicles for European motorists, General Motors is currently working with natural gas distributors and providers to expand and enhance the compressed natural gas infrastructure in Europe. With General Motors help, Germany’s number of filling stations will rise to 1,000 this year, Austria and Switzerland are expanding their numbers, and France will have over 300 in the next few years. Western European totals are currently around 2,000 and growing. General Motors Korean subsidiary, GM Daewoo, has an increasing number of liquefied natural gas powered vehicles on the road, 117,270 vehicles since 2002, helping to improve the overly polluted air of South Asia. GM Thailand hasn’t missed a beat either, with their Optra model being the first and only compressed natural gas vehicle offering a three-year/100,000 kilometer full warranty. General Motors is stepping up efforts in the United States, if hesitantly, with an increased focus on the renewable fuel E85 ethanol, made up of 85 percent ethanol and 15 percent gasoline. Ethanol can be produced locally and domestically from a large selection of different materials such as corn, grass, sugarcane, and agricultural waste.
As U.S. motor companies like General Motors increase their products’ relationships with natural gas, American companies such as Triple Diamond Energy Corp will undoubtedly be prepared to fill the new fueling needs.
วันพฤหัสบดี, มีนาคม 27, 2008
What’s So New About Hydrogen Gas For Automobile Fuel? : New daewoo hybrid new car review 2008
What’s So New About Hydrogen Gas For Automobile Fuel?
by GARKO NOVIS
Isaac de Rivas was a Swiss inventor who, in 1805, was the first to design an automobile powered by an internal combustion engine. That was an amazing feat and way ahead of its time, but what do you think that he used as fuel since gasoline wasn't invented for another seventy years? Holy time travel, Batman! T he firstvehicle ran on extracting HYDROGEN from WATER! Yull Brown �" an Aussie from Sydney discovered a method of extracting hydrogen from water in 1978 and how to make use of it as a car fuel and as a fuel for cutting steel and brazing. Why has the world been so myopic re gasoline for fuel? It is helping to make our planet environmentally unliveable, causing cancer, fosters global warming, motivates hostilities and is moving us towards. Why do our governments insist on suppressing alternative energy sources? Why not focus on extracting clean hydrogen gas fuel from water instead of from dirty hydrocarbons? Petroleum is in everything from pills to plastics. So, Big Oil owns the lion’s share of the stock of all industries. The Department of Energy another asset of Big Oil passes on regulations which all Car Manufactures have to adhere to. Every Water Car inventor, once his car becomes known about gets visited by the DOE, FBI, CIA MIB, the Sheriff, the MOB, etc at their door. They tell you to stop with your car. They take your water car experiment away. They ransack your garage looking for plans parts, everything you have may have been working on. Some are paid to stop. Some are found dead in the gutter. No joke. Or they “commit suicide†. This is planet Earth, folks, and I had heard of such instances over and over again. If it were a movie you would walk out I get fed up with hearing the bad ending, or dead ending. What happened to the triumphant ending?! Don't you want to breathe clean air? Next time you find yourself where there is a lot of traffic, take a deep breathe of what you smell. You are breathing unburned hydrocarbons & nitrates, carbon monoxides, a total of THIRTEEN toxic chemicals which are anatagonistic to your organism. The air is no longer safe to breath. And Bill Clinton may not inhale but we do! When I go on road trips I always come back feeling exhausted and sick from the breathing of it. The only way to escape car exhaust fumes, is to have a cabin in the country and avoid road trips. Opt out!
WATER4GAS is offering information for a nominal fee which individuals can use in their garage or wherever to put together a small device which infuses hydrogen into the gas/air mixture that their car runs on. What this does is make bite sized particles out of the particles that the engine burns as fuel. Therefore the system gets to use considerably more of it. With WATER4GAS you can reasonably expect to improve your fuel economy by 30-50% or even more. Those goblets must have been pretty "blankin'" huge in some engines before. But with WATER4GAS they are made consumable so you can improve your fuel economy. It also helps make emissions significantly cleaner. This information has been purchased by over NINE THOUSAND people already and the percentage of happy customers is about 99%! So how about you?
by GARKO NOVIS
Isaac de Rivas was a Swiss inventor who, in 1805, was the first to design an automobile powered by an internal combustion engine. That was an amazing feat and way ahead of its time, but what do you think that he used as fuel since gasoline wasn't invented for another seventy years? Holy time travel, Batman! T he firstvehicle ran on extracting HYDROGEN from WATER! Yull Brown �" an Aussie from Sydney discovered a method of extracting hydrogen from water in 1978 and how to make use of it as a car fuel and as a fuel for cutting steel and brazing. Why has the world been so myopic re gasoline for fuel? It is helping to make our planet environmentally unliveable, causing cancer, fosters global warming, motivates hostilities and is moving us towards. Why do our governments insist on suppressing alternative energy sources? Why not focus on extracting clean hydrogen gas fuel from water instead of from dirty hydrocarbons? Petroleum is in everything from pills to plastics. So, Big Oil owns the lion’s share of the stock of all industries. The Department of Energy another asset of Big Oil passes on regulations which all Car Manufactures have to adhere to. Every Water Car inventor, once his car becomes known about gets visited by the DOE, FBI, CIA MIB, the Sheriff, the MOB, etc at their door. They tell you to stop with your car. They take your water car experiment away. They ransack your garage looking for plans parts, everything you have may have been working on. Some are paid to stop. Some are found dead in the gutter. No joke. Or they “commit suicide†. This is planet Earth, folks, and I had heard of such instances over and over again. If it were a movie you would walk out I get fed up with hearing the bad ending, or dead ending. What happened to the triumphant ending?! Don't you want to breathe clean air? Next time you find yourself where there is a lot of traffic, take a deep breathe of what you smell. You are breathing unburned hydrocarbons & nitrates, carbon monoxides, a total of THIRTEEN toxic chemicals which are anatagonistic to your organism. The air is no longer safe to breath. And Bill Clinton may not inhale but we do! When I go on road trips I always come back feeling exhausted and sick from the breathing of it. The only way to escape car exhaust fumes, is to have a cabin in the country and avoid road trips. Opt out!
WATER4GAS is offering information for a nominal fee which individuals can use in their garage or wherever to put together a small device which infuses hydrogen into the gas/air mixture that their car runs on. What this does is make bite sized particles out of the particles that the engine burns as fuel. Therefore the system gets to use considerably more of it. With WATER4GAS you can reasonably expect to improve your fuel economy by 30-50% or even more. Those goblets must have been pretty "blankin'" huge in some engines before. But with WATER4GAS they are made consumable so you can improve your fuel economy. It also helps make emissions significantly cleaner. This information has been purchased by over NINE THOUSAND people already and the percentage of happy customers is about 99%! So how about you?
วันเสาร์, มีนาคม 22, 2008
Romanian Agency Dialogues with Ford for Sale of Former Daewoo Car Factory : New daewoo new car review 2008
Romanian Agency Dialogues with Ford for Sale of Former Daewoo Car Factory
by Jason Moore
Officials said last Friday that Romania's privatization agency will begin its dialogue with Ford Motor Co., the only bidder in the sale of a former Daewoo car factory in southern Romania.
At an event in Bucharest, Ford's bid was opened but no details of the offer were revealed.
Sebastian Vladescu, who is the deputy Finance, and Economy Minister and head of the privatization committee in charge of the sale, said that it looks like all the documents requested have been submitted at a glance. He added that talks were to begin on Monday with Ford to negotiate on the terms of the sale.
As the only bidder in the sales, Ford confirmed in a press release that it wants to buy the plant. According to John Fleming, Ford of Europe President and CEO, their company offers the best combination of financial, technological and environmental commitments to be able to modernize the Craiova-based plant.
Maker of quality Ford catalytic converter, Ford adheres to the fact that the facility in Craiova is a strategically significant site for the future growth of the company. Ford of Europe produced 1.86 million units at its seven assembly plants in 2006 and additional manufacturing space is required to meet its emulous new product as well as growth plans.
Fleming also said that if they would be successful in their bid, they would expect to expand and improve the Craiova manufacturing operations, augment employment opportunities and attract additional suppliers to the area.
Other two companies - General Motors Corp. and JC Russian - which sent letters of intent to participate in the sale have not submitted bids.
The government has said that price would not be the only factor considered in the sale. It would also consider the ability of the buyers to maximize production and use Romanian-based suppliers.
The privatization agency, which is selling the government's 72 percent stake in the company, will sign a memorandum with several smaller shareholders in order to sell their stakes as well, thus allowing the buyer to take over 95 percent of the stock.
The factory, which was owned by the insolvent Korean company, has nearly 4,000 employees and can produce a maximum of 200,000 cars and 300,000 engines every year.
Last year, Romania paid US$60 million (€44 million) to purchase back a 51-percent stake in the company from Daewoo's creditors.
Ford Motor Company is a global automotive industry leader based in Dearborn, Mich. It manufactures and distributes automobiles in 200 markets in six continents. With nearly 300,000 employees and 108 plants worldwide, the company's core and affiliated automotive brands include Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Ford Motor Credit Company is one of its automotive-related services.
by Jason Moore
Officials said last Friday that Romania's privatization agency will begin its dialogue with Ford Motor Co., the only bidder in the sale of a former Daewoo car factory in southern Romania.
At an event in Bucharest, Ford's bid was opened but no details of the offer were revealed.
Sebastian Vladescu, who is the deputy Finance, and Economy Minister and head of the privatization committee in charge of the sale, said that it looks like all the documents requested have been submitted at a glance. He added that talks were to begin on Monday with Ford to negotiate on the terms of the sale.
As the only bidder in the sales, Ford confirmed in a press release that it wants to buy the plant. According to John Fleming, Ford of Europe President and CEO, their company offers the best combination of financial, technological and environmental commitments to be able to modernize the Craiova-based plant.
Maker of quality Ford catalytic converter, Ford adheres to the fact that the facility in Craiova is a strategically significant site for the future growth of the company. Ford of Europe produced 1.86 million units at its seven assembly plants in 2006 and additional manufacturing space is required to meet its emulous new product as well as growth plans.
Fleming also said that if they would be successful in their bid, they would expect to expand and improve the Craiova manufacturing operations, augment employment opportunities and attract additional suppliers to the area.
Other two companies - General Motors Corp. and JC Russian - which sent letters of intent to participate in the sale have not submitted bids.
The government has said that price would not be the only factor considered in the sale. It would also consider the ability of the buyers to maximize production and use Romanian-based suppliers.
The privatization agency, which is selling the government's 72 percent stake in the company, will sign a memorandum with several smaller shareholders in order to sell their stakes as well, thus allowing the buyer to take over 95 percent of the stock.
The factory, which was owned by the insolvent Korean company, has nearly 4,000 employees and can produce a maximum of 200,000 cars and 300,000 engines every year.
Last year, Romania paid US$60 million (€44 million) to purchase back a 51-percent stake in the company from Daewoo's creditors.
Ford Motor Company is a global automotive industry leader based in Dearborn, Mich. It manufactures and distributes automobiles in 200 markets in six continents. With nearly 300,000 employees and 108 plants worldwide, the company's core and affiliated automotive brands include Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Ford Motor Credit Company is one of its automotive-related services.
สมัครสมาชิก:
บทความ (Atom)
