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October 2006

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Tuesday, October 3, 2006

Auto Premium Rating Error Cost U.S. Auto Insurers More Than $16 Billion In 2005

Auto Premium Rating Error Cost U.S. Auto Insurers More Than $16 Billion In 2005

Annual Report From Quality Planning Corp. Concludes That Flawed Data Used to Rate Vehicles Could Be Minimized if Insurers Took Pains to Rectify Policyholder Records SAN FRANCISCO, Oct. 3 -- Quality Planning Corporation (QPC), the rating integrity solutions company, today released its annual Premium Rating Error report, ... Continue reading

September 2006 U.S.Auto Sales Scorecard

September 2006 U.S.Auto Sales Scorecard

October 3, 2006 Reuters created this list of the September 2006 top 20 selling cars in the U.S. RANK VEHICLE 2006 2005 '05 RANK %Chng 1 Ford F-Series pickup 66,785 694,690 1 -11.2 2 Chevy Silverado-C/K pickup 486,901 570,278 2 -14.6 3. ... Continue reading

GM's U.S. Divisions Deliver 338,380 Vehicles In September 2006

GM's U.S. Divisions Deliver 338,380 Vehicles In September 2006

GM's U.S. Divisions Deliver 338,380 Vehicles In September GM Retail Sales Up 1,385 Vehicles, Compared With Last Year, Led By Saab, Cadillac, Hummer, Buick and GMC Segment Fuel Economy Leaders Chevrolet Silverado and Tahoe, GMC Sierra and Yukon Post Sales Increases 2007 Go To Market Strategy Driven By 23 Vehicles Offeri ... Continue reading

Chrysler Group Reports U.S. Sales for September 2006

Chrysler Group Reports U.S. Sales for September 2006

* Minivan sales improve 53 percent year-over-year, strengthening segment leadership * Jeep(R) Commander leads strong 11 percent increase in SUV sales, sets monthly sales record * Jeep Compass sales continue to gain momentum in the marketplace * Dodge Nitro explodes into Dodge showrooms with strong September start AUBUR ... Continue reading

Acura Announces September Sales Results

Acura Announces September Sales Results

Light Truck Sales Reach a Second Consecutive Monthly Record for the Luxury Division TORRANCE, Calif., Oct. 3 -- Fueled by the first full month of sales of the all-new turbocharged RDX crossover SUV and continued steady sales of the MDX luxury performance SUV, Acura sold a September record of 5,706 light trucks, up 28.5 ... Continue reading

Kia Motors America Sets New September Sales Record (2006)

Kia Motors America Sets New September Sales Record (2006)

IRVINE, Calif., Oct. 3 -- Kia Motors America (KMA) today announced a new September sales record of 23,877 units, a 2.0-percent increase over the same period last year. Year-to-date sales also improved over last year's record numbers, totaling 221,998 units for Kia, a 2.6-percent increase. "Kia continues to build moment ... Continue reading

Mercedes-Benz USA Reports Best September Sales Ever

Mercedes-Benz USA Reports Best September Sales Ever

Mercedes-Benz Sales Up 13.3 Percent for the Year MONTVALE, N.J., Oct. 3 -- Mercedes-Benz USA (MBUSA) today reported its highest September on record with sales of 19,873 new vehicles, an increase of 13.2 percent over last September. This brings MBUSA's year-to-date sales to 177,001, a 13.3 percent increase over the same ... Continue reading

Hyundai : All-New Santa Fe Continues Strong Start in September 2006

Hyundai : All-New Santa Fe Continues Strong Start in September 2006

FOUNTAIN VALLEY, Calif., Oct. 3 -- Consumer demand continues to grow for Hyundai Motor America's all-new Santa Fe. The new Santa Fe continues to post gains with sales of 3,740 in September, a 53 percent increase over last month. The Hyundai Azera also performed well, up 62 percent compared with September 2005. Septembe ... Continue reading

American Honda Reports Record September Truck Sales

American Honda Reports Record September Truck Sales

TORRANCE, Calif., Oct. 3 -- Total September Honda and Acura light truck sales increased 7.3 percent* over last year to 49,114 units and broke the previous September record of 44,271 set in 2004, American Honda Motor Co., Inc. announced today. American Honda sales continued on a record-setting pace of 1,160,510 cars and ... Continue reading

Subaru of America Reports September 2006 Sales

Subaru of America Reports September 2006 Sales

- Subaru Impreza sales up 36%; total Subaru Sales up 3% year-to-date - CHERRY HILL, N.J., Oct. 3 -- Subaru of America, Inc. September sales totaled 16,128 units. This total brings Subaru sales year-to-date up 3 percent from the previous year. (Logo: http://www.newscom.com/cgi-bin/prnh/20050404/PHSUBARULOGO ) Subaru sol ... Continue reading

BMW Group Reports September 2006 Sales

BMW Group Reports September 2006 Sales

Sales For First Three Quarters Up 2 Percent WOODCLIFF LAKE, N.J., Oct. 3 -- The BMW Group in the U.S. (BMW and MINI brands combined) reported year-to-date sales of 229,833 vehicles, an increase of 2 percent over the 225,641 vehicles sold in the first three quarters of 2005. September sales were off 7 percent, with the ... Continue reading

Toyota Reports September Sales

Toyota Reports September Sales

TORRANCE, Calif., Oct. 3 -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported best-ever September sales of 222,950 vehicles, an increase of 20.2 percent over September 2005. Calendar-year-to-date (CYTD) sales total 1,928,496 units, up 12 percent over the same period last year. "While crossovers, hybrids and small ... Continue reading

Mazda Announces September 2006 Sales

Mazda Announces September 2006 Sales

IRVINE, Calif., Oct. 3 -- Mazda North American Operations today released the following sales figures for September 2006: Mazda North American Operations - September 2006 Month-To-Date Year-To-Date September September % September September % 2006 2005 Change 2006 2005 Change Mazda3 6,725 8,435 (20.3)% 74,681 75,570 (1.2 ... Continue reading

Nissan North America Announces September 2006 Sales

Nissan North America Announces September 2006 Sales

NASHVILLE, Tenn. October 3, 2006; Nissan N.A. reports sales of 88,340 units in September, which is a decrease of 9.2 percent from the prior year. The Nissan Division sales decreased by 9.1 percent over last year. The Infiniti Division posted a sales decline of 9.8 percent versus the prior year.NISSAN HIGHLIGHTSSeptembe ... Continue reading

Porsche Reports September 2006 Results

Porsche Reports September 2006 Results

ATLANTA--Porsche Cars North America, Inc. (PCNA), importer and distributor of Porsche sports cars and Cayenne SUVs in the United States and Canada, today announced that sales for the month of September in the U.S. were up 3 percent over the same month in 2005. Year-to-date, September's results helped the Porsche brand ... Continue reading

Ford's September 2006 U.S. Sales Increased 5 Percent as Car Sales Climbed 26 Percent and Full-Size Trucks Stabilized

Ford's September 2006 U.S. Sales Increased 5 Percent as Car Sales Climbed 26 Percent and Full-Size Trucks Stabilized

* Ford's September U.S. sales totaled 238,848, up 5 percent compared with a year ago. * Car sales totaled 92,111, up 26 percent as demand for Ford Fusion, Mercury Milan, and Lincoln MKZ and Mustang remain strong. * Truck sales totaled 146,737, down 5 percent, but F-Series, Explorer and Expedition post higher sales, rev ... Continue reading

Mitsubishi Motors Sales Soar in September 2006

Mitsubishi Motors Sales Soar in September 2006

CYPRESS, Calif., Oct. 3 -- Mitsubishi Motors North America, Inc., (MMNA) today reported September sales of 10,287 units, an increase of 13.6% over last September's total of 9,054. MMNA's sales have shown consistent growth over the past six months, the first six months of the business year. Sales for the April-September ... Continue reading

Volvo Cars Reports Consistent Sales for September 2006

Volvo Cars Reports Consistent Sales for September 2006

... up 2.2 percent in North America IRVINE, Calif., Oct. 3 -- Volvo Cars of North America, LLC reported sales for September of 9,691 units* in the United States, representing a year-over-year increase of 1.6 percent. For the month, the all new C70 convertible with the retractable hardtop continued to deliver, and there ... Continue reading

DaimlerChrysler AG Reports Two Percent Decrease in U.S. Sales for Passenger Vehicles for September 2006

DaimlerChrysler AG Reports Two Percent Decrease in U.S. Sales for Passenger Vehicles for September 2006

* Chrysler Group Reports Sales of 166,888 Vehicles, a 4 Percent Decrease for September 2006 * Mercedes-Benz USA Reports Sales of 19,873 Vehicles a 13 Percent Increase for September 2006 NEW YORK, Oct. 3 -- DaimlerChrysler AG , the third largest U.S. auto maker, today reported total group sales of 188,761 passenger vehi ... Continue reading

Audi :September 2006 - Sales Record

Audi :September 2006 - Sales Record

* September sales totaled 8,004, up nearly 2.0% * Audi Q7 sales strongest since introduction * Miami, Los Angeles, Atlanta and Dallas pace annual growth AUBURN HILLS, Mich., Oct. 3 -- Audi of America, Inc., today reported 8,004 vehicle sales for the month of September, a 1.9 percent increase compared to the same period ... Continue reading

GM Board To Meet Today On Alliance

GM Board To Meet Today On Alliance

Washington DC October 3, 2006; The AIADA newsletter reported that the board of General Motors will meet today to evaluate the varying analyses of a blockbuster alliance with Renault-Nissan, with the possibility of making a decision on whether to approve a third party study of the possible link up. GM declined to commen ... Continue reading

Navman Launches New Entry-Level F20 Navigator for Ultimate Navigation Freedom

Navman Launches New Entry-Level F20 Navigator for Ultimate Navigation Freedom

Navman Hits $379 Price Point With Full-Featured Navigator LAKE FOREST, Ill., Oct. 3 -- Navman, a leading designer and manufacturer of world-class Global Positioning System (GPS), communication and marine products, announced today a new entry-level addition to its award-winning line of in-vehicle navigation products, th ... Continue reading

Greeting Card Designers Obtain NASCAR(R) License and Expand Licensed Dale Earnhardt Incorporated Stationery Line

Greeting Card Designers Obtain NASCAR(R) License and Expand Licensed Dale Earnhardt Incorporated Stationery Line

CHICAGO, Oct. 3 -- After a flurry of 2005 holiday card sales, Chicago-based greeting card company, Eclectik Design, has obtained a cross- license with NASCAR(R) for its Dale Earnhardt Incorporated greeting card line. In addition, the greeting card designers are adding five premier stationery products to its popular Dal ... Continue reading

Kaiser Aluminum Extends Contract with Armor Holdings on U.S. Military Armor

Kaiser Aluminum Extends Contract with Armor Holdings on U.S. Military Armor

FOOTHILL RANCH, Calif.--Kaiser Aluminum Corporation today announced a contract extension with Armor Holdings to provide aluminum plating for U.S. military applications. Under the contract extension, Kaiser will deliver armor for the M1114 Up-armored HMMVV (Humvee), a model customized for the U.S. military and equipped ... Continue reading

New Autoliv Technology Recognized by Toyota/Lexus

New Autoliv Technology Recognized by Toyota/Lexus

STOCKHOLM, Sweden--Autoliv’s new Seat Cushion Airbag was recently recognized as a key technology for the newly launched Lexus LS460. Autoliv received a Toyota Technology Award for "the world's first frontal airbag for the rear-seat". The award was presented to Autoliv Japan by a Toyota management representative at ... Continue reading

Startech Environmental Hydrogen System Added to 200 Ton-Per-Day Plasma Converter Facility in Panama

Startech Environmental Hydrogen System Added to 200 Ton-Per-Day Plasma Converter Facility in Panama

WILTON, Conn., Oct. 3 -- Startech Environmental Corporation (BULLETIN BOARD: STHK) , a fully reporting company, announced today that Startech's system to produce hydrogen from Municipal Solid Waste (MSW) will also be included in the 200 ton-per-day Las Tablas facility in the Republic of Panama. The Plasma Converter des ... Continue reading

Slight Gain Expected in U.S. September Auto Sales

Slight Gain Expected in U.S. September Auto Sales

Washington DC Octobewr 3, 2006; The AIADA newsletter reported that cheaper fuel and showroom discounts in September have analysts anticipating a slight gain in U.S. auto sales for the month, reports Reuters. Automakers will report monthly sales figures today, with Toyota and Honda emerging again with a greater share of ... Continue reading

Edmunds.com Reports True Cost of Incentives: Consumers Finding Heavily Discounted 2006 Models on Many Dealer Lots

Edmunds.com Reports True Cost of Incentives: Consumers Finding Heavily Discounted 2006 Models on Many Dealer Lots

SANTA MONICA, Calif.--Edmunds.com, the premier online resource for automotive information, estimated today that the average automotive manufacturer incentive in the U.S. was $2,587 per vehicle sold in September 2006, up $182, or eight percent, from August 2006, and up $243, or ten percent, from September 2005. Edmunds. ... Continue reading

Asbury Automotive Group Appoints Dennis Clements to Board of Directors

Asbury Automotive Group Appoints Dennis Clements to Board of Directors

NEW YORK, Oct. 3 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today announced that Dennis Clements has been appointed to the Company's board of directors. The appointment, which is effective immediately, fills an open position on the 12-member board. "We are ... Continue reading

Hot Web Announces Expansion

Hot Web Announces Expansion

BOISE, Id.--Hot Web, Inc. (Pink Sheets:HWBI) announced today that the Company has welcomed the first Certified Regional Representative to the Hot Web corporate family pursuant to the roll-out of its previously announced National Expansion Program. Mr. Ron Fuller of Gilbert, Arizona has been hand selected and trained as ... Continue reading

Toyota to Exhibit at 13th World Congress on ITS

Toyota to Exhibit at 13th World Congress on ITS

<http://www.japancorp.net/?page_num=1> JapanCorp: Toyota to Exhibit at 13th World Congress on ITS Toyota Tokyo, Japan, Oct. 03, 2006 - (JCN Newswire) - Toyota Motor Corporation (TMC) announced today that it will exhibit its latest ITS (Intelligent Transport System) technologies at the 13th ITS World Congress and Exhibi ... Continue reading

Pioneer Renews Lineup of 'Raku-Navi' Series In-car Navigation Systems in Japan

Pioneer Renews Lineup of 'Raku-Navi' Series In-car Navigation Systems in Japan

<http://www.japancorp.net/?page_num=1> JapanCorp: Pioneer Renews Lineup of 'Raku-Navi' Series In-car Navigation Systems in Japan AVIC-HRZ88 Tokyo, Japan, Oct. 03, 2006 - (JCN Newswire) - Pioneer Corporation announced today the release of a new lineup of "Raku-Navi" series in-car navigation systems between late October ... Continue reading

Ford Offering Cheap Loans on Pickup Trucks

Ford Offering Cheap Loans on Pickup Trucks

DETROIT Oct 3, 2006; Reuters reported that Ford Motor Co. said it was offering low-rate financing deals on many of its 2007 model-year vehicles and interest-free loans on its 2006 vehicles to boost sales. The No.2 U.S. automaker, as part of its new "Truck Month" campaign, is offering zero-percent loans for 60 months on ... Continue reading

U.K. Searches for Small Cars Increase Dramatically on Desperate Seller

U.K. Searches for Small Cars Increase Dramatically on Desperate Seller

Dear Editorial, Please find below the latest news from Desperate Seller. I hope this is of interest. Kind Regards Katie Olver Searches for Small Cars Increase Dramatically on Desperate Seller Luton, United Kingdom – 3 October 2006 – Following the high fuel prices consumers have endured over the past few month ... Continue reading

Toyota Talladega Notes and Quotes

Toyota Talladega Notes and Quotes

If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email/fi ... Continue reading

UQM Technologies Announces $3 Million Follow-On Production Order for Vehicle Electric Auxiliary Motors

UQM Technologies Announces $3 Million Follow-On Production Order for Vehicle Electric Auxiliary Motors

FREDERICK, Colo., Oct. 3 -- UQM TECHNOLOGIES, INC. (AMEX:UQM) , a developer of alternative energy technologies, announced today that it has received a $3 million follow-on production order for additional vehicle electric auxiliary motors. The new order is in addition to previously announced orders for 30,000 motors. Pr ... Continue reading

Hyundai Rolls Out First Models with Standard XM Satellite Radio

Hyundai Rolls Out First Models with Standard XM Satellite Radio

2007 Santa Fe is first Hyundai to offer XM as a standard feature MONTGOMERY, Ala., Oct. 3 -- Hyundai and XM Satellite Radio , the nation's leading satellite radio service, today announced production of the first Hyundai vehicles with standard, factory-installed XM Satellite Radio. The first all-new 2007 Santa Fe equipp ... Continue reading

Newgen Announces New Executive Team

Newgen Announces New Executive Team

SAN DIEGO--Newgen Results Corporation, a wholly-owned subsidiary of TeleTech Holdings, Inc. and the leading provider of targeted customer loyalty solutions and B2B enterprise channel management services, today announced its new executive leadership team. The new management is charged with revitalizing the Newgen brand ... Continue reading

GM Certified Used Vehicles Rolls Out New Fall Incentive Rates on Select GM Vehicles

GM Certified Used Vehicles Rolls Out New Fall Incentive Rates on Select GM Vehicles

Offers Financing Rates as Low as 3.9% APR for 60 Months on Popular GM Vehicles DETROIT October 2, 2006: GM Certified Used Vehicles, the industry’s top-selling manufacturer-certified used vehicle brand*, announced today a new nationwide fall rate incentive program on select GM vehicles. The new rate incentive offer ... Continue reading

LoJack Celebrates October Fall Car Care Month with Theft Prevention Tips to Help Consumers Keep Vehicles Safe

LoJack Celebrates October Fall Car Care Month with Theft Prevention Tips to Help Consumers Keep Vehicles Safe

WESTWOOD, Mass., Oct. 3 -- October is Fall Car Care Month and in addition to getting your car tuned up and ready for winter, LoJack Corporation recommends that consumers also take important measures to protect their vehicles from theft. With more than 1.2 million vehicles stolen in 2005 (representing a loss of $7.6 bil ... Continue reading

World's Fastest 'Cuda to Steal the Show at the 36th Annual Barrett-Jackson Auction in Scottsdale

World's Fastest 'Cuda to Steal the Show at the 36th Annual Barrett-Jackson Auction in Scottsdale

SCOTTSDALE, Ariz.--A 1971 Plymouth Barracuda, the fastest Hemi ‘Cuda in the world, will be sold at No Reserve during the 36th Annual Barrett-Jackson Collector Car Event from Jan. 13-21, 2007, in Scottsdale, Ariz. Lot #1290, owned by Bob Johnson and built by Alan Johnson at Johnson’s Hot Rod Shop, blends moder ... Continue reading

Auto Industry Fights for Affordable Steel

Auto Industry Fights for Affordable Steel

Washington DC October 2, 2006; The AIADA newsletter reported that General Motors, Ford, Chrysler, Toyota, Honda and Nissan have joined together to fight for an end to duties on high value steel – the first time the six automakers have banded in support of a major trade issue, reports Automotive News. A typical veh ... Continue reading

BorgWarner Acquires European Automotive Controls Product Lines From Eaton

BorgWarner Acquires European Automotive Controls Product Lines From Eaton

AUBURN HILLS, Michigan, October 2 -- BorgWarner Inc. today announced the purchase of the European Transmission and Engine Controls product lines from Eaton Corporation. Terms were not disclosed. With 2006 sales anticipated at US$57 million, the transmission and engine controls operation specializes in high pressure con ... Continue reading

Pierre Bourque Comments On Canadian NASCAR Busch Series Race

Pierre Bourque Comments On Canadian NASCAR Busch Series Race

Pierre Bourque Comments On Canadian NASCAR Busch Series Race MONTREAL, Canada (Monday, October 2, 2006) - - The National Association for Stock Car Auto Racing (NASCAR) announced today the sanction will take another step to compete internationally by competing at Circuit Gilles Villeneuve in Montreal, Canada with the NA ... Continue reading

Landmark Study Investigates Root Causes of Profitability Gap Among North American Automotive Manufacturers

Landmark Study Investigates Root Causes of Profitability Gap Among North American Automotive Manufacturers

TROY, Mich., Oct. 2 -- A landmark study, Automotive Competitive Challenges -- Going Beyond Lean, released today by veteran consultants Jim Harbour and Laurie Harbour-Felax, president, Harbour-Felax Group found that numerous structural, cultural and philosophical barriers contribute to an average of $2,400 per vehicle p ... Continue reading

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