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Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp -- Ignore unavailable to you. Want to Upgrade?

To: Eric J. Beyer who wrote (769)	1/3/1998 11:13:00 AM
From: bob jaremsek	Read Replies (2) \| Respond to of 1028

Big 3 show their wares Jan 10: Big Three to Show Off 'Green Car' Technology By David Lawder DETROIT (Reuters) - The Big Three U.S. automakers, aiming to shake the perception that they'd rather sell big trucks than help stop global warming, will show their green side next week at their hometown auto show. Chrysler Corp., Ford Motor Co. and General Motors Corp. all plan to display various types of alternative propulsion technologies that save fuel and cut emissions at Detroit's North American International Auto Show. The show, one of the world's top three motor industry expos, opens to the media Sunday and to the public on Jan. 10. The Big Three became more determined to demonstrate their commitment to the environment and their technological prowess amid heightened public concern over global warming following an international climate conference in Kyoto, Japan, in December. Japanese automakers also made a big splash in October with environmentally friendly technologies at the Tokyo Motor Show, including Toyota Motor Corp.'s bold announcement that it would sell the world's first gasoline-electric hybrid car, the Prius, at affordable prices. Honda Motor Co. Ltd announced it had developed an engine that emits virtually no smog-producing pollutants. ''Environment became more of a factor in the last three months or so,'' said Michael Robinet, an analyst with CSM Forecasting in Farmington Hills, Mich. ''It wouldn't have been that way if Kyoto wasn't as important and if they weren't as upstaged at Tokyo by the Japanese automakers.'' Meanwhile, Big Three chief executives said they were opposed to the binding targets for carbon dioxide emission reductions agreed to in Kyoto, and said the treaty would not help the environment without the participation of developing nations. Although they are selling more fuel-guzzling sport utility vehicles than ever, they pledged to show at Detroit that their fuel-saving technology is as good as or better than anybody else's. GM added a major news conference to the schedule Sunday to showcase what it bills as ''the world's cleanest concept cars'' -- a family of next-generation electric and hybrid cars that aim to reduce costs and still meet customer needs. Chrysler also is planning to introduce a new, much improved version of its ESX hybrid car, which first made its debut two years ago. Meanwhile, Ford is expected to show off the latest version of its P-2000 lightweight car as well as some near-term fuel-saving and pollution-reducing technologies, such as a new direct-injection diesel engine. Ford spokeswoman Sara Tatchio declined to comment on Ford's new technologies, but added, ''We hope to do something that makes an impact on clean air in the near term.'' Analysts regard this year's crop of Detroit hybrid concept cars as less complex, more cost-conscious and slightly more dependent on internal combustion power than many previous versions. But GM, Ford and Chrysler are still taking a more cautious approach to introducing hybrid technology to the marketplace, preferring to sell a limited number of all-electric vehicles instead. . . . . . . . . . . . __________________________________________________ from nasdaq news today beta.nasdaq.com ............ Bob