BLUE ASH, Ohio, Oct. 12, 2010 (GLOBE NEWSWIRE) -- AMP Holding Inc. (OTCBB:AMPD), a company engaged in the emission-free electrification of OEM vehicles, announced today the addition of James E. Taylor to its board of directors.
Jim Taylor has three decades of automotive experience in three countries. Most recently, Jim served as CEO of Hummer during the divesture. Prior to that, he was general manager of Cadillac, responsible for the product planning, marketing, promotional and sales activities that significantly contributed to Cadillac's global renaissance.
Steve Burns, CEO of AMP, said, "Jim has spent 15 years of his career launching new cars into the marketplace. He's played a critical role in leading the development of new models – literally taking them from the drawing board to the showroom floor. He has that true entrepreneurial mindset and drive, and a collection of experiences that should contribute vastly to our endeavors."
Prior to his role as Cadillac general manager, Mr. Taylor was a vehicle line executive for Cadillac, directing the planning, engineering and manufacturing of the award-winning ground up Cadillac CTS, SRX and the STS models, which contributed significantly to the resurgence of Cadillac. Jim began his GM career in 1980 with GM of Canada as an industrial engineer and held numerous production and purchasing positions during his tenure at GM. Jim holds a BS in mechanical engineering and management from McMaster University, in Ontario, Canada.
"The realization of the electric vehicle is having a significant impact on the industry - creating a new space for those who participate to enjoy a sense of genuine optimism and enthusiasm. The innovation and interest surrounding green technology has just begun; AMP's technology and vision should position it well to capitalize on the extreme growth this automotive space is about to experience," said Jim Taylor.
About AMP Holding Inc.
AMP was founded in 2007 by automotive industry veterans who have created several hi-tech companies. Currently, the AMP team is comprised of top engineers and business executives, as well as two key pioneers of GM's EV1 project. AMP's first models to all-electric were the GM Sky and the Pontiac Solstice, and most recently, the Chevrolet Equinox. Since its inception, AMP's unique electrification technology has proven to be an idea that has generated an extreme amount of interest, with inquiries coming from around the world. AMP will be electrifying a wide range of OEM vehicles and SUVs, and expects to announce new model additions in 2010. The Company expects its vehicle electrification technology will provide new solutions to America's energy demands.
To learn more, visit the AMP website at www.ampelectricvehicles.com.
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov ). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
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