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December 18, 2006
Citigroup, Mastercard, Cingular and Nokia team to pilot next generation mobile phone.
"tap & go(TM)" payment in New York City. Innovative Payment Trial to Use Near Field Communications Technology.

NEW YORK, NY - Citigroup, MasterCard Worldwide, Cingular Wireless and Nokia today announced a consumer technology trial of Near Field Communication (NFC)-enabled mobile phones with MasterCard PayPass(TM) contactless payment capability in New York City. The goal of this trial is to evaluate the speed and convenience that "tap and go" payments made through mobile phones can provide to Citi credit cards and Cingular customers in the New York City area. The trial is expected to run three to six months.
Pre-selected Citi MasterCard cardholders with Cingular Wireless accounts are participating in the trial and will receive Nokia NFC-enabled mobile phones with MasterCard PayPass payment functionality. MasterCard PayPass is a "contactless" payment program that provides consumers with a fast and convenient way to pay.
"As a leader in innovative products and services, Citigroup continually looks for ways to make the lives of our customers easier," said Amy Radin, Chief Innovation Officer, Global Consumer Group, Citigroup. "We are confident that mobile phone technology with contactless payment will appeal to our customers' increasing demands for speed, convenience and security."
Cingular Wireless is the largest wireless carrier in the United States. Citigroup (NYSE: C), the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries. MasterCard develops and markets payment solutions and processes more than 16 billion payments each year. Nokia is a world leader in mobile communications.
|GlobalGiants.Com|
Edited & Posted by the Editor | 7:30 PM | View the original post
Chevrolet Corvette Z06 Argentina

Photo: Chevrolet Corvette Z06 (Argentina)
For more than 50 years, the name Chevrolet Corvette has been synonymous with the unique and spectacular experience of handling a sport automobile of first level and high performance. Chevrolet Corvette Z06 moves the soul of the fanatics of sport cars by its high performance during a daily trip as well as during a weekend in the circuit. After a great amount of important improvements in 2006, Chevrolet Corvette Argentina, 2007 model, now appears with numerous refinements.
Edited & Posted by the Editor | 2:47 PM | View the original post
2007 Detroit Motor Show: Mitsubishi Motors to unveil "Prototype-X" concept
Next-generation high-performance 4WD sport sedan.
Tokyo, December 18, 2006 — Mitsubishi Motors Corporation (MMC) and Mitsubishi Motors North America Inc. (MMNA, based in Cypress California) will give the Mitsubishi Lancer compact sport sedan (U.S. market model) its global premiere and will also unveil the Prototype X concept for a next-generation high-performance 4WD sport sedan at the 2007 North American International Auto Show (the Detroit Motor Show). The 2007 NAIAS runs from January 7 to 21 at the Cobo Center in Detroit and opens to the general public on January 13.

Photo: Prototype X image sketch1
The Prototype-X concept car on show is an advance development model for the new Lancer Evolution due to be launched in the 2007 fiscal year. Embodying Mitsubishi Motors' trademark "fun to drive" qualities throughout, Prototype-X features styling based on the current Lancer but was developed to project a visibly higher performance image. The concept model is fitted with Mitsu-bishi's S-AWC*1 (Super All-Wheel Control) vehicle dynamics system that delivers the ultimate in four-wheel drive traction and handling control together with a new turbocharged MIVEC*2 engine with an aluminum cylinder block and a high performance 6-speed manual transmission.

Photo: Prototype X image sketch2
In addition to the Lancer and Prototype-X, Mitsubishi Motors will be featuring the Outlander sport utility vehicle, which was released in the U.S. market this October. Outlander is powered by a new high-performance 3-liter V6 MIVEC*2 engine together with a 6-speed automatic transmission to deliver strong acceleration and ample power at cruising speeds. The Raider pick-up, winner of the 2006 Baja 1000 (Stock Mini class), will also be showcased along with other local production models.
Edited & Posted by the Editor | 2:39 PM | View the original post
Siemens Business Services takes over SAP operation for bauMax
Do-it-yourself specialists no longer do it themselves.
Photo: In the future Siemens Business Services will operate the SAP system for the bauMax do-it-yourself retail chain in seven countries. More than 7,000 bauMax employees use the system in Austria, Czech Republic, Slovakia, Hungary, Slovenia, Croatia and Romania. The contract runs for eight years.
Edited & Posted by the Editor | 12:46 PM | View the original post
GM leads in Venezuela

Photo: 2007 Chevrolet Spark (Venezuela)
GM Venezuela maintains a rate of solid advance in sales to end the year 2006 as the company leader of the national automotive market for 27 consecutive years.
Edited & Posted by the Editor | 12:39 PM | View the original post
Siemens increases its commitment to early science education

Photo: Prof. Dr. Hermann Requardt, head of Siemens Corporate Technology, at the ceremony handing over the 500th company experiment kit to a kindergarten in Munich's Hasenbergl district. In fiscal 2007, Siemens will substantially expand its commitment to promote early interest in the sciences, and will be donating 1,000 additional research kits to German kindergartens.
Edited & Posted by the Editor | 12:34 PM | View the original post
Saturn Aura - Car Of Year Finalist

Lisa Hutchinson, director of brand and product development for Saturn (right) and Automotive News Editor Edward Lapham discuss a 2007 Saturn Aura after it was announced as a finalist for the North American Car of the Year Award Wednesday, Dec. 13, 2006 in Detroit, Michigan. Lapham was a member of the jury that selected the finalists. (General Motors Photo/John F. Martin) (USA)
Edited & Posted by the Editor | 12:30 PM | View the original post



