Friday, May 18, 2007

Aluminum Pellets = H2 = Fuel Cell Power; Take That You Oil Companies

Editors Note: Didn't the Back To The Future Car convert Aluminum into power for the Plasma-tron Motor? CHICAGO, May 18, 2007; Julie Steenhuysen writng for Reuters reported that pellets made out of aluminum and gallium can produce pure hydrogen when water is poured on them, offering a possible alternative to gasoline-po ... Continue reading

Xtime and Customer Traac Eliminate Customers' Phone Frustration at Dealership Service Departments

SAN MATEO, Calif.--Xtime, Inc. (www.xtime.com), the leading provider of CRM solutions for dealership service operations and Customer Traac, Inc. (www.customertraac.net), a Minnesota-based call center and marketing services provider, today announced their partnership to help dealership service departments book more appo ... Continue reading

PPG Chairman Bunch Reviews Strategy Toward Reshaping Company

NEW YORK--Charles E. Bunch, chairman and chief executive officer of PPG Industries , described for investment analysts here today the company’s progress toward achieving its vision of continuing to be the leading coatings and specialty products and services company. He also stated that PPG’s strong first quar ... Continue reading

SCE, Chevron Dedicate Hydrogen Fueling Station

--Southern California Edison: EVENT Southern California Edison (SCE) and Chevron Technology Ventures will dedicate a comprehensive hydrogen energy station evaluation and demonstration at SCE's Rosemead headquarters. The five-year demonstration, co-funded by the U.S. Department of Energy, will provide valuable understan ... Continue reading

BorgWarner Louis Schwitzer Award Goes to Delphi Accident Data Recorder

AUBURN HILLS, Mich., May 18 -- The 41st annual BorgWarner Louis Schwitzer Award has been awarded to the engineering team of Erskine Carter, Glen Gray, Andy Inman, Tim Kronenberg, and Bruce Natvig for superior advancements in racecar safety with the development of the Delphi Accident Data Recorder 3 (ADR 3). Delphi Acci ... Continue reading

Monro Muffler Brake, Inc. to Webcast Fiscal 2007 Fourth Quarter and Full Year Results

ROCHESTER, N.Y., May 18 -- Monro Muffler Brake, Inc. invites investors to listen to a broadcast of the Company's conference call to discuss fiscal 2007 fourth quarter and full year results. The conference call will be broadcast live on Tuesday, May 22, 2007 at 11:00 a.m. Eastern Time and will be available via the Compa ... Continue reading

Motion Industries Receives Special Appreciation Award from Electrical South

BIRMINGHAM, Ala.--Motion Industries, a leading distributor of industrial maintenance, repair, and operation (MRO) replacement parts, recently received the 2006 Special Appreciation Award from Electrical South. The Special Appreciation Award is given out each year to Electrical South’s leading distributor. “Ou ... Continue reading

Oshkosh Truck Promotes Ann Stawski to Vice President, Marketing Communications

OSHKOSH, Wis.--Oshkosh Truck Corporation , a leading manufacturer of specialty vehicles and vehicle bodies, today announced that it has promoted Ann Stawski to Vice President, Marketing Communications. Stawski was most recently Director, Marketing Communications for Pierce Manufacturing Inc., and Medtec Ambulances, sub ... Continue reading

INDIANAPOLIS 500 (INDIANAPOLIS) - DELPHI TEAM WINS BORGWARNER LOUIS SCHWITZER AWARD

The Delphi engineering team of Erskine Carter, Glen Gray, Andy Inman, Tim Kronenberg and Bruce Natvig received the 41st annual BorgWarner Louis Schwitzer Award on May 18 at the Indianapolis Motor Speedway for its development of the Delphi Accident Data Recorder 3 (ADR 3). Delphi Accident Data Recorders have been requir ... Continue reading

April 2007: Down Month for Many Auto Makers ; Several Bright Spots in Luxury Segments

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China Automotive Systems' Independent Director Steps Down from the Board to Join NASDAQ

WUHAN, Hubei, China, May 18 /Xinhua-PRNewswire/ -- China Automotive Systems, Inc. , a leading power steering components and systems supplier in China, today announced Mr. Guangxun Xu has resigned his non- executive director position from the China Automotive Systems' Board effective May 11, 2007 to fill the role of Chi ... Continue reading

Miami Drivers Have Worst Road Rage - Video Enhanced

Washington DC May 18, 2007; The AIADA newsletter reported that for the second consecutive year, AutoVantage, a Connecticut-based automobile membership club, has awarded Miami the title of worst road rage city. In a survey, Miami motorists said they saw other drivers slam on their brakes, run red lights and talk on cell ... Continue reading

INDIANAPOLIS 500 (INDIANAPOLIS) - GANASSI DUO LEADS INDIANAPOLIS 500 PRACTICE

Target Chip Ganassi Racing returned to the top of the speed chart on a cool, blustery day as teams continued preparations for the 91st Running of the Indianapolis 500. Scott Dixon recorded the fastest lap of the day, 40.9119 seconds, 219.985 mph, driving his back-up car. His teammate, IndyCar Series points leader Dan W ... Continue reading

INDIANAPOLIS 500 (INDIANAPOLIS) - THURSDAY PRACTICE TIMES

Practice Thursday for the 91st Indianapolis 500 IndyCar Series event on the 2.5-mile Indianapolis Motor Speedway, with position, car number in parentheses, driver, chassis-engine and speed: 1. (9T) Scott Dixon, Dallara-Honda, 219.985 2. (10T) Dan Wheldon, Dallara-Honda, 219.773 3. (14) Darren Manning, Dallara-Honda, 21 ... Continue reading

ALMS (UTAH) - 2007 KLEIN TOOLS PIT CREW CHALLENGE KICKS OFF

Dyson Racing is one of eight American Le Mans Series teams that will compete in the Klein Tools Pit Crew Challenge on Saturday. After two very successful and exciting years of competition, the 2007 Klein Tools Pit Crew Challenge will begin at 12:30 p.m. on Friday, May 18 at Miller Motorsports Park as part of the Americ ... Continue reading

NASCAR (DAYTONA) - Back To The Future, II: Stock Car Evolution Exhibit Moves on

NASCAR’s stock car evolution exhibit, unveiled last week at Darlington Raceway, moves to Lowe’s Motor Speedway this week, giving fans a chance to see how the “Car of Tomorrow” is reminiscent of seasons past. The exhibit, entitled “NASCAR: Back to the Future,” was viewed by approximately 15 ... Continue reading

GRAND AM (DAYTONA) - Points Leader Nastasi Trying to Stay Perfect

No. 5 USG Sheetrock/Ramset Tools Ford Mustang GT car owner/driver Tom Nastasi will try to stay perfect in this weekend’s U.S. Sports Car Invitational delivered by Luggage Express at Mazda Raceway Laguna Seca for the KONI Challenge Series, and in the process set new marks in the record books. The Stamford, Conn.-ba ... Continue reading

NASCAR NNCS (CHARLOTTE) - In The Loop - At the All-Star Break

Of the 11 races run this season, five have featured the Car of Tomorrow. It would make sense, then, that those drivers and teams who have adapted the best to the COT would also have performed the best overall. One of the top indicators of performance NASCAR has is “Driver Rating.” Taking into account a number ... Continue reading

Can Americans be Sold on Electric Cars?

Washington DC May 18, 2007; The AIADA newsletter reported that automaker ZAP (as in zero air pollution) believes it has the formula in its tiny Xebra cars made in China: Plug it in at home and go up to 40 miles per hour for up to 25 miles. "The key is to keep the car simple," ZAP CEO Steve Schneider told Reuters, notin ... Continue reading

Ethanol's Backlash - It Only Makes Sense - Supply and Demand Mr. Smartypants

Washington DC May 18, 2007; The AIADA newsletter reported that according to the Wall Street Journal, the shine is off corn ethanol. In January, when President Bush was extolling the virtues of ethanol, corn ethanol seemed unstoppable. However, since then the government's decision to forcibly divert huge amounts of corn ... Continue reading

Chrysler Group Announces New Executive Appointments for Product Design Office

-- New executive appointments in Product Design Office continue internal career development -- David McKinnon and Tom Tremont announce retirements, capping successful careers shaping generations of Chrysler vehicles -- Appointments effective June and July 2007 AUBURN HILLS, Mich., May 18 -- Chrysler Group announced the ... Continue reading

TNS Survey Reveals Who Consumers Blame For Higher Gas Prices - And Who They Expect to Fix Them

Results Showcase Opportunity for Automakers to be Market Heroes NEW YORK, May 18 -- TNS, one of the world's largest market information companies, today released highlights from a new survey focused on consumer attitudes towards rising gas prices in the United States, the parties responsible and those positioned to comb ... Continue reading

Motorcar Parts of America, Inc. Announces $40 Million Private Placement Financing

LOS ANGELES, May 18 -- Motorcar Parts of America, Inc. ("MPA") (BULLETIN BOARD: MPAA) , a leading provider of remanufactured alternators and starters for the automotive aftermarket, announced today that it has entered into an agreement with certain accredited investors for the private placement of 3.64 million shares o ... Continue reading

Odyne Corp. Provides Further Update on Company Activities

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 a further update on Company activities. Odyne recently received an order from the City of Fresno for a Mobile Power System utilizing components of its ... Continue reading

Fleetguard Closed Crankcase Ventilation System Certified by EPA

NASHVILLE, Tenn.--Cummins Filtration, the leader in filtration, exhaust, coolant and chemical technology for all engine-powered systems, has received notification from the U.S. Environmental Protection Agency (EPA) that its Fleetguard® Closed Crankcase Ventilation (CCV) system has been conditionally verified. The sy ... Continue reading

Xinhua Far East Puts Fuyao Group Glass Industry Co Ltd on Review for Possible Upgrade

HONG KONG, May 18 /Xinhua-PRNewswire/ -- Xinhua Far East China Ratings ("Xinhua Far East") today placed the BB+ issuer credit rating of Fuyao Group Glass Industry Co Ltd ("Fuyao" or "the company", SH A 600660) on review for a possible upgrade. The rating action was prompted by expectations that Fuyao's capital expendit ... Continue reading

Amerigon Holds Annual Stockholders Meeting

NORTHVILLE, Mich., May 18 -- Amerigon Incorporated , a leader in developing and marketing products based on advanced thermoelectric (TE) technologies for a wide range of global markets and applications, today announced that it held its Annual Meeting of Stockholders on Thursday, May 17, at the Company's offices in Nort ... Continue reading

2007 Online Auto Advertising is on Track to Hit $2.8 Billion This Year

DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/reports/c57346) has announced the addition of the new Borrell Associates Report “2007 Online Auto Advertising” to their offering. New Borrell report examines an overall slowdown for automotive advertising but a continued surge in the onl ... Continue reading

Penske Logistics and ABX Logistics Form Joint Venture in Brazil

READING, Pa. and BRUSSELS, Belgium, May 18 -- Today, Penske Logistics and ABX LOGISTICS announced the formation of a new joint venture in Brazil: ABX-Penske Air & Sea. Penske Logistics and ABX LOGISTICS will each hold a 50 percent stake in the company that locates its headquarters at Penske's South American headquarter ... Continue reading

Mischievous Minis Voted Nation's Favourite

CARDIFF, May 18 -- The Italian Job Minis have been voted as the nation's favourite cars from film and television in a poll by online car insurance specialist, elephant.co.uk. The second most popular was Back to The Future's DeLorean with KITT, Knight Rider's talking car coming in third. elephant.co.uk asked motorists t ... Continue reading

Dealertrack to Participate in Upcoming Investor Conferences

LAKE SUCCESS, N.Y., May 18 -- DealerTrack Holdings, Inc. , a leading provider of on-demand software and data solutions for the U.S. automotive retail industry, today announced that its senior management will present at the following investor conferences: Sixth Annual JMP Securities Research Conference Tuesday, May 22, ... Continue reading

Auto Club: Prices Back Off Record Highs

LOS ANGELES, CA May 18, 2007; More than a week after reaching new records in most areas, Southern California gas prices have dropped slightly, according to the Automobile Club of Southern California's Weekend Gas Watch. ... Continue reading

Latest Study Shows High Gas Prices Affecting Consumer Shopping Behavior

Consumers Alter New Vehicle-Buying Decisions, Shop and Eat Out Less Often Due to High Gas Prices IRVINE, Calif., May 18 -- With gas prices reaching their highest level in recent history, $3.10 a gallon for regular unleaded, a majority of consumers plan to take steps to combat the hit to their wallets. According to the ... Continue reading

Cars.com Expands Media Campaign with Sponsorship of Primetime Programs on ABC.com

CHICAGO, May 17 -- Cars.com (http://www.cars.com/) accelerates its 2007 advertising campaign this week with an all-new sponsorship of primetime programs on ABC.com, including "Lost," "Desperate Housewives," "Grey's Anatomy," "Ugly Betty" and "Dancing with the Stars." The sponsorship is just part of an extensive online ... Continue reading

One Equity Partners Completes Acquisition of ArvinMeritor's Emissions Technologies Group

Forms New Independent Company Named EMCON Technologies COLUMBUS, Ind., May 17 -- One Equity Partners (OEP), an equity investment firm based in New York, today announced that it has completed the previously announced acquisition of ArvinMeritor, Inc.'s, Emissions Technologies business group for approximately $310 millio ... Continue reading

ArvinMeritor Completes Sale of Emissions Technologies Business

TROY, Mich., May 17 -- ArvinMeritor, Inc., today announced that it has completed the sale of its Emissions Technologies business group to One Equity Partners (OEP), an equity investment firm based in New York for approximately $310 million, consisting of cash and other consideration including specified assumed liabilit ... Continue reading