International Auto Industry Girds for Battle at the Grassroots
Washington, D.C. â the seat of American government â is known for many things political and otherwise, but very seldom is this mecca for freedom lovers and seekers seen as a hotbed for consensus-building. As a newly empowered Democratic Congress prepares to open a contentious debate on free trade and take up ... Continue reading
Ferrari Turns 60 With Auction at Maranello Factory Track
http://www.rmauctions.com/CarList.cfm?SaleCode=FF07 Washington DC May 16, 2007; The AIADA newsletter reported that Ferrari will celebrate its 60th anniversary with an auction at its track near Maranello, Italy, on May 20. Ferrari allowed RM Auctions to handle the sale as part of the automaker's 60th-anniversary celebra ... Continue reading
Nissan to Limit Distribution in China
Washington DC May 16, 2007; The AIADA reported that Nissan, making a cautious foray into the Chinese market, plans to sell about 1,000 of its luxury Infiniti models in the first year there. Colin Dodge, senior vice president in charge of China operations said in an interview with The Wall Street Journal that the car ma ... Continue reading
Toyota: Cost of Making Hybrids Will Fall
Washington DC May 16, 2007; The AIADA newsletter reported that Toyota expects to cut costs for hybrid cars enough to be able to make as much money on them as it does on conventional gasoline cars by around 2010, MSNBC reports today. To date, the Japanese automaker has seen sales of its Prius, the world's first hybrid c ... Continue reading
Forbes Top 10 Luxury SUVs for Towing
Washington DC May 16, 2007; The AIADA newsletter reported that sport utility vehicles have become more luxurious in recent years, but thankfully not always at the expense of ruggedness and versatility. Forbes has selected ten luxury SUVs based on their gross tow rating, which is the maximum they can tow when properly e ... Continue reading
Solomon Technologies, Inc. Reports Financial Results for the Quarter Ended March 31, 2007
TARPON SPRINGS, Fla., May 16 -- Solomon Technologies, Inc. (BULLETIN BOARD: SOLM) , a developer and manufacturer of high-efficiency regenerative electric power drive systems as well as high- voltage, high-power direct current power supplies and power supply systems, today announced its operating results for the quarter ... Continue reading
Advance Auto Parts Reports First Quarter Results
ROANOKE, Va.--Advance Auto Parts, Inc. , a leading retailer of automotive aftermarket parts, accessories, batteries, and maintenance items, today announced its financial results for the fiscal first quarter ended April 21, 2007. Earnings per diluted share for the first quarter were $0.71, compared to $0.68 last year. I ... Continue reading
Honeywell Joins Clinton Climate Initiative
Global Effort Will Help Cities Address Climate Change by Improving Energy Efficiency NEW YORK, May 16 -- Honeywell today announced that it has joined the Clinton Climate Initiative in a global effort to help cities around the world improve the energy efficiency of buildings and decrease greenhouse gas emissions. Honeyw ... Continue reading
Trane Joins Clinton Climate Initiative
Trane offers high efficiency HVAC systems and solutions to reduce energy use and greenhouse gas emissions with minimal capital costs PISCATAWAY, N.J., May 16 -- The Clinton Climate Initiative (CCI) announced today that Trane, a business of American Standard Companies , has joined its team of business partners committed ... Continue reading
NEW YORK, May 16 -- The Clinton Climate Initiative (CCI) today launched the C40 Large Buildings Retrofit Program and introduced Johnson Controls as one of the lead providers of energy-efficient solutions and technologies working with the Initiative to reduce greenhouse gases in 40 cities worldwide. (Logo: http://www.ne ... Continue reading
AAA: May Fuel Prices at Record High
AURORA, Ill., May 16 -- Statewide averages for the price of gasoline in Illinois and northern Indiana have set record high prices in the past month. AAA Chicago's most recent Fuel Gauge Report estimates that in Illinois, regular unleaded gasoline has increased 39 cents during the past month, forecasting an average cost ... Continue reading
Coughlin continues championship hunt in Norwalk (NHRA/JEGS)
Coughlin continues championship hunt in Norwalk NORWALK, Ohio ââ¬â Team JEGS driver Mike Coughlin will continue his pursuit of the Top Sportsman championship this weekend as the NHRA Division 3 Lucas Oil Series heads for historic Norwalk Raceway Park in Norwalk, Ohio. Following a successful late round finis ... Continue reading
NHRA (NORWALK) - Coughlin continues championship hunt...
Team JEGS driver Mike Coughlin will continue his pursuit of the Top Sportsman championship this weekend as the NHRA Division 3 Lucas Oil Series heads for historic Norwalk Raceway Park in Norwalk, Ohio. Following a successful late round finish last weekend at South Georgia Motorsports Park, Coughlin is currently ranked ... Continue reading
Harbin Electric to Present at Susquehanna Financial Group's Global Opportunities Conference
HARBIN, China, May 16 /Xinhua-PRNewswire/ -- Harbin Electric, Inc. , a developer and manufacturer of customized linear motors and other special electric motors, today announced that management will present at the Susquehanna Financial Group Global Opportunities Conference at the Sofitel Hotel in New York, NY. The Compa ... Continue reading
BorgWarner Louis Schwitzer Award Candidates Announced
AUBURN HILLS, Mich., May 16 -- The Indiana Section of the Society of Automotive Engineers (SAE) today announced four candidates for the 41st annual BorgWarner Louis Schwitzer Award. The award, presented to engineers by a committee of engineers, honors early racing pioneer Louis Schwitzer, and acknowledges individuals w ... Continue reading
Southeast U.S. Automotive Research Initiative Unveiled
NASHVILLE, Tenn.--Seven of the Southeastâs most prominent universities, along with the National Transportation Research Center, Inc. (NTRCI), the Oak Ridge National Laboratory (ORNL) and the Tennessee Valley Authority (TVA), today launched the Automotive Research Alliance (ARA). The ARA will provide a broad range ... Continue reading
Seattle Going Green with GM Hybrid-Powered Buses
Contract may increase fleet to more than 700 GM-hybrid powered buses, saving an estimated 1.1 million gallons of fuel annually, enough to fill 138 tanker trucks SEATTLE, May 16 -- King County was awarded a landmark contract today for the purchase of up to 500 articulated buses, most of which will be powered by General ... Continue reading
GM Chairman & CEO Rick Wagoner to be Keynote Speaker at Inforum Annual Meeting
DETROIT, May 16 -- Inforum, Michigan's premier organization for business women, presents keynote speaker Rick Wagoner, General Motors Corporation chairman and chief executive officer, at the organization's Annual Meeting on Thursday, May 17. As one of the most important automotive leaders of our time, Wagoner will shar ... Continue reading
Bosch Endows Engineering Chair at Stanford University
FARMINGTON HILLS, Mich., May 16 /PRNewswire-USNewswire/ -- Bosch has established an endowment chair at University, known as the Robert Bosch Chair of the Department of Mechanical Engineering. To fund the endowment, the Bosch Board of Management has approved $3 million to be paid over the next three to five years. The B ... Continue reading
California Offers Consumers Detailed Auto Insurance Information on the Web
LOS ANGELES--Deciding if Californiaâs Low Cost Auto Insurance program is right for you may be as easy as the click of a mouse. The Insurance Information Network of California has unveiled a new Web-based tool to help low-income California drivers determine the cost of insurance through the state-run program. Locat ... Continue reading
Former Senior GM Executive Joins Ricardo in Key U.S. Role
A significant strengthening of the senior management team of Ricardo plc was announced today with the appointment of Dean Harlow as President of the company's North American subsidiary, Ricardo, Inc. VAN BUREN TWP., Mich., May 16 -- Dean Harlow will bring considerable automotive industry experience to his new role with ... Continue reading
Dave Redinger's The Neighborhood Mechanic - Electronic Fuel Injection
DAVE REDINGER ASK THE NEIGHBOURHOOD MECHANIC Some vehicles that are equipped with EFI (electronic fuel injection) are also equipped with service reminder lights that inform the driver that maintenance is required. After completing service, the maintenance reminder must be reset. The following is an excerpt of what we g ... Continue reading
LIVONIA, Mich., May 16 -- The 2007 model year could be called stellar for side-impact protection systems from TRW Automotive Holdings Corp. - the global leader in active and passive safety systems. To date, 25 of the approximately 100 vehicles earning NHTSA's five- star rating in side-impact crash tests feature TRW sid ... Continue reading
Elron to Hold First Quarter Earnings Conference Call on Monday, May 21, 2007
TEL AVIV, Israel--Elron Electronic Industries Ltd. today announced that its first quarter 2007 results conference call originally scheduled for Thursday, May 17, 2007 has been rescheduled for Monday, May 21st, 2007 at 10:00am EDT and 5:00pm Israel time. The company plans to release its results prior to the conference c ... Continue reading
ThyssenKrupp Budd Sells Mexican Interest
TROY, Mich., May 16 -- ThyssenKrupp Budd Company has announced the sale of its one-third interest in Aventec S.A. de C.V., Aventec Mexicana S.A., de C.V. and Aventec Ramos Arizpe, S.A. de C.V., three joint venture companies based in Mexico. The ThyssenKrupp Budd shares were purchased by the two other joint venture part ... Continue reading
ALMS (UTAH) - ANDRETTI GREEN'S HERTA: ACURA MAKING THE GRADE
"In terms of Acura's performance, it's got to be 10 out of 10," said Andretti Green Racing's Bryan Herta. Click here for Hi-Res If he hadn't been asked to grade its performance on a scale of 1 to 10, Bryan Herta likely would have given Acura a 12. Maybe it would have been a 13 or higher. "They've done such a great job ... Continue reading
GRAND AM (DAYTONA) - Rolex Series Looks for Record Fifth Different Winners
With four different cars and nine different drivers visiting Victory Lane through the first four races in the 2007 Grand-Am Rolex Sports Car Series presented by Crown Royal Special Reserve, the series is poised to set a new record should another different car take the win in Sundayâs U.S. Sports Car Invitational d ... Continue reading
NASCAR announced today that the No. 23 Toyota team in the NASCAR Craftsman Truck Series has been penalized for rule violations committed last week during a test session at Loweâs Motor Speedway. Three penalties have been assessed to the No. 23 Toyota team for violating Sections 12-4-A (actions detrimental to stock ... Continue reading
NASCAR NNCS (DAYTONA) - No. 8 NASCAR NEXTEL Cup Series Team Penalized as a Result of Infractions
NASCAR announced today that the No. 8 Chevrolet team in the NASCAR NEXTEL Cup Series has been penalized and fined for rule violations committed last week at Darlington Raceway. The No. 8 team was found to have violated Sections 12-4-A (actions detrimental to stock car racing), 12-4-Q (car, car parts, components and/or ... Continue reading
GRAND AM (LIVONA) - Car and Driver Working in Harmony as Roush Continues to Gain Speed
For Immediate Release CAR AND DRIVER WORKING IN HARMONY AS ROUSH CONTINUES TO GAIN SPEED LIVONIA, Mich. (May 16, 2007) - When Jack Roush Jr. began his professional racing career in the KONI Challenge he knew that he was facing an uphill battle. Moving straight from a nimble go-kart into a heavy, full-bodied Ford Mustan ... Continue reading
Toyota International Teacher Program Sends 40 U.S. Teachers to Japan
Professional Development Opportunity Now Open to Teachers Nationwide TORRANCE, Calif., May 16 -- Forty U.S. teachers, chosen as educational ambassadors by the Toyota International Teacher Program, will travel through rural and urban Japan from Tokyo to central Honshu June 22 through July 7, 2007. For the first time sin ... Continue reading
Using DataCore delivers savings, new levels of flexibility and hardware independence READING, England, May 16 -- Volkswagen Financial Services (UK) Ltd, (VWFS) has selected DataCore's SANmelody solution to provide a dedicated, virtualized Storage Area Network (SAN) with central management and auto failover and recovery ... Continue reading
PALM DESERT, Calif., May 16 -- WorldSource, Inc. (Pink Sheets: WDSC) today announced that it is in negotiations with multiple entities for the exclusive global marketing and distribution rights for its product Ice Free. Ice Free is an anti-icing spray for automobile windshields, was developed with NASA-based technology ... Continue reading
NOVATO, Calif.--iMagicLab LLC., the leading on-demand customer relationship management (CRM) company, is pleased to announce that has launched iLeadTools.com to power Internet sales for small franchised dealerships and independent auto retailers. Based on iMagicLabâs award-winning, industry-leading DealerCRM techn ... Continue reading
Veri-Tek International, Corp. Announces First Quarter Results and Reconfirms 2007 Guidance
BRIDGEVIEW, Ill., May 16 -- Veri-Tek International, Corp. (AMEX:VCC) ("Veri-Tek" or the "Company") today announced net income from continuing operations for the first quarter of 2007 of approximately $0.1 million, or $0.01 per share, compared to a net loss from continuing operations of ($0.04) million, or ($0.01) per s ... Continue reading
Odyne Corp. Provides Business Update and Reports Financial Results for the First Quarter 2007
HAUPPAUGE, N.Y.--Odyne Corporation (OTCBB: ODYC), a leading developer of advanced plug-in hybrid electric vehicle (PHEV) technology for trucks and buses, today provided an update on the business and reported its financial results for the first quarter ended March 31, 2007. Roger M. Slotkin, CEO of Odyne Corporation, co ... Continue reading
PCB Piezotronics to Present Special Exhibit Floor Feature at the Sensors Expo & Conference
NEWTON, Mass. & DEPEW, N.Y.--Questex Media Group, Inc. today announced that PCB Piezotronics, Inc. (PCB®) will team with Andretti Green Racing (AGR) to present a special exhibit floor feature at the upcoming Sensors Expo & Conference, June 11-13 at the Donald E. Stephens Convention Center in Rosemont, IL. Sensors Ex ... Continue reading
Henkel Sponsors Automotive Engineering Students at 2007 Formula SAE(R)
MADISON HEIGHTS, Mich., May 16 -- As a gold sponsor of this year's Formula SAE(R) event, Henkel Corporation is creating real-world automotive experiences for university students by donating materials and providing counsel. Henkel also is taking the opportunity to gain feedback from the students about its products befor ... Continue reading
BMW Informs Magna of its Intention to Produce Next Generation BMW X3 In-House
AURORA, Canada, May 16 -- Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) today reported that BMW AG has informed us of its intention to commence in-house assembly of the next generation BMW X3 in Spartanburg, South Carolina, following end of production of the current generation BMW X3 at our Graz, Austria facili ... Continue reading
Progressive Distributes April Results
MAYFIELD VILLAGE, Ohio--The Progressive Corporation today reported the following results for April 2007: ($ in millions, except per share amounts) April 2007 April 2006 Change Net premiums written $1,437.4 $1,489.8 (4)% Net premiums earned 1,353.8 1,369.7 (1)% Net income 136.7 159.6 (14)% Per share .19 .20 (8)% Combine ... Continue reading
AUBURN HILLS, Mich., May 16 -- Continental Automotive Systems is the latest sponsor to join Carnegie Mellon University's Tartan Racing, a team that will enter a driverless Chevy Tahoe in the $2 million DARPA (Defense Advanced Research Projects Agency) Urban Challenge scheduled for November 3, 2007. Continental is provi ... Continue reading
DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/reports/c57086) has announced the addition of âTyre Industry Market Report 2006â to their offering. The total apparent UK market for rubber tyres and tubes is estimated to have been worth £1.35bn at manufacturers' selling prices (msp) ... Continue reading
Ford Launches Expanded Call Center Service with OEConnection's RepairLink
Internet-Based Parts Ordering and Fulfillment RICHFIELD, Ohio, May 16 -- OEConnection LLC announces that Ford Customer Service Division's (FCSD) Powertrain Team has launched an expanded Ford Powertrain Sales Call Center using OEConnection's Internet-based parts ordering and fulfillment system -- RepairLink. The Call Ce ... Continue reading
Olathe Toyota to Celebrate Grand Re-Opening of Newly Renovated Toyota-Scion Dealership
New 46,000-square-foot state-of-the-art facility focuses on customer service OLATHE, Kan., May 16 -- Olathe Toyota-Scion will celebrate the grand re-opening of its newly renovated $5.5 million dealership in Olathe, Kan., located at 685 North Rawhide Road, near I-35 and Sante Fe today at 5 p.m. The newly renovated 46,00 ... Continue reading
Parrot Announces Bluetooth(R) Car Kit Offer With T-Mobile
LONDON, May 16 -- Parrot, one of the leaders in wireless peripherals around the mobile phone, has teamed with T-Mobile to offer T-Mobile customers Parrot's leading range of hands-free products. The deal means that T-Mobile will now offer Parrot's Bluetooth hands free kits to business customers signing up to several of ... Continue reading
Oshkosh Truck Names Paylor as President of JLG Industries
OSHKOSH, Wis.--Oshkosh Truck Corporation [NYSE: OSK] announced today that Craig E. Paylor has been named president of JLG Industries, Inc., its access equipment subsidiary and newest acquisition, effective immediately. Most recently, Paylor served as Senior Vice President of Marketing for JLG with global responsibility ... Continue reading
Wheelabrator Allevard North American Operations Announces New Appointment to Sales Organization
BEDFORD, Va., May 16 -- Wheelabrator Allevard North American Operations (www.wheelabr.com) is pleased to announce the appointment of Charlie Gorman to Regional Sales Manager, Western Region. Bob Schmidt, Vice President of Sales, states, 'Charlie brings over fifteen years of industry experience to our company. In his ne ... Continue reading
Supervisory Board Approves Concept for Chrysler Group and Realignment of DaimlerChrysler AG
STUTTGART, Germany, May 16 -- The Supervisory Board of DaimlerChrysler AG today approved the concept for the Chrysler Group and the realignment of DaimlerChrysler AG in the form submitted by the Board of Management. (Logo: http://www.newscom.com/cgi-bin/prnh/20020212/DCXLOGO ) As was reported in detail on May 14, accor ... Continue reading
Demand for Small Vehicles Increases as Gas Prices Rise WESTLAKE VILLAGE, Calif., May 16 -- Rising gasoline prices have some owners of large and midsize trucks trading to smaller vehicles, according to real-time retail transaction data from the Power Information Network (PIN), a division of J.D. Power and Associates. (L ... Continue reading
Edmunds.com Reveals Top 10 Dangerous Driving Behaviors for Young Drivers
SANTA MONICA, Calif.--Edmunds.com, the premier online resource for automotive information, today reported on potentially life-threatening driving behaviors and offered suggestions for staying focused. âYoung drivers need to be especially careful since their lack of experience makes it harder for them to successful ... Continue reading
LONG BEACH, Calif.--A123Systems, developer and producer of state-of-the-art Automotive Class Lithium Ion batteries, today introduced its 32-series cells, specifically designed for Hybrid Electric Vehicle (HEV) and Plug-in Hybrid Electric Vehicle (PHEV) use. These batteries provide unprecedented specific power, safety a ... Continue reading
AURORA, ON, May 16 -- Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) today reported that BMW AG has informed us of its intention to commence in-house assembly of the next generation BMW X3 in Spartanburg, South Carolina, following end of production of the current generation BMW X3 at our Graz, Austria facility. ... Continue reading
Fuel Cells in GM's 5 Year Future
TARRYTOWN, New York, May 15, 2007; Jui Chakravorty writing for Reuters reported that General Motors Corp. (GM.N: Quote, Profile , Research) will likely have vehicles powered by fuel cells in showrooms by 2012, an executive said on Tuesday, giving a target more aggressive than other automakers working on similar technol ... Continue reading
Chrysler Faces Tough Road Competing Alone
DETROIT May 15, 2007; Tom Krisher writing for the AP reported that during Chrysler's big-money years of the past decade, the blockbuster hits such as the 300, the new Ram pickup and the funky PT Cruiser drew people into showrooms by the thousands. The cars were brash, the trucks were tough. They were stylish. And they ... Continue reading
Lexus Continues Support of the California Clean Tech Open
Luxury-Hybrid Leader Sponsors Transportation Category for Second Consecutive Year SAN FRANCISCO, May 15 -- Lexus announced today its continued sponsorship of the California Clean Tech Open, the second annual competition promoting the creation of clean technology, at a launch event at San Francisco's City Hall. For the ... Continue reading
National R.V. Holdings, Inc. Announces First Quarter Results and Financing
PERRIS, Calif., May 15 -- National R.V. Holdings, Inc. (the "Company") today announced the financial results for its first quarter ended March 31, 2007. Net sales from continuing operations declined to $21.9 million in the first quarter of 2007, down 59.9% from $54.6 million in the first quarter of 2006. The Company re ... Continue reading
SANTA CLARA, Calif.--When it comes to automotive lighting, OSRAM Opto Semiconductors, a leader in LED technology, is staying ahead of the curve by incorporating aesthetics, safety and technology into the lighting design of an Opel GTC concept car. The sports coupe features OSRAMâs OSTAR®, Golden DRAGON® and ... Continue reading
Chevy Sequel Drives Into History Books
First hydrogen fuel cell vehicle to go 300 miles without refueling is a success. TARRYTOWN, N.Y., May 15 -- General Motors Corp. made history today as its Chevy Sequel - the world's most technologically advanced automobile - became the first electrically-driven fuel cell vehicle to achieve 300 miles on one tank of hydr ... Continue reading
Praxair Provides Hydrogen For GM's Chevy Sequel
DANBURY, Conn.--Praxair, Inc. joined General Motors Corp today in making history by providing hydrogen for the Chevy Sequel, âthe worldâs most technologically advanced automobile.â The Chevy Sequel became the first fuel cell vehicle in the world to achieve 300 miles range without refueling, on public roa ... Continue reading
2008 Subaru Tribeca Awarded Double 5-Star Safety Rating
- Subaru Tribeca given highest possible safety rating from NHTSA in both the frontal and side-impact NCAP crash tests - CHERRY HILL, N.J., May 15 -- Subaru of America, Inc. today announced that the restyled and more powerful 2008 Subaru Tribeca received the highest rating in the U.S. Department of Transportation's Nati ... Continue reading
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