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April 2008

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Thursday, April 24, 2008

Pininfarina to set up a Centre for research, design and engineering in India with support from Tata

Pininfarina to set up a Centre for research, design and engineering in India with support from Tata

Pininfarina intends to establish a Research, Design and Engineering Centre in Pune, India within the end of 2008. Pininfarina and Tata have signed a Letter of Intent wherein Tata will support this Centre in India with contracts and participate with a minority interest. Pininfarina will be the majority shareholder with ... Continue reading

Review Roundup Part One: The Mercedes-Benz C63 AMG

Review Roundup Part One: The Mercedes-Benz C63 AMG

Although we may have fallen a little behind in our Mercedes review coverage as of late (all right, so maybe that's a bit of an understatement), not to worry, because we're making up for it today. Even as you read this, we're hard at work catching up on the numerous MB reviews published over the past couple weeks, inclu ... Continue reading

Review Roundup Part Two: The Mercedes-Benz CLC And CL65 AMG

Review Roundup Part Two: The Mercedes-Benz CLC And CL65 AMG

"For the enthusiast, the CLC has all the ingredients in place for a drive to savour, especially when fitted with the powerful 268bhp 3.5- litre V6 and a quick shifting six-speed. This arrangement recently left us almost breathless with enthusiasm in the SLK350 but how does it fare with the CLC? On paper it certainly se ... Continue reading

Visteon To Release First-Quarter Financial Results April 30; Reschedules Conference Call and Webcast for 11 a.m. EDT

Visteon To Release First-Quarter Financial Results April 30; Reschedules Conference Call and Webcast for 11 a.m. EDT

VAN BUREN TOWNSHIP, Mich., April 24 -- Visteon Corporation today announced that its April 30 conference call to discuss first-quarter results and other related items has been rescheduled to begin at 11 a.m. EDT. The company originally scheduled the conference call for 10 a.m., but has rescheduled to accommodate the tim ... Continue reading

Subaru of America, Inc. Unveils New Marketing Campaign

Subaru of America, Inc. Unveils New Marketing Campaign

Love. It's What Makes a Subaru a Subaru CHERRY HILL, N.J., April 24 -- Subaru of America, Inc. today announced a new marketing campaign based on the strong emotional bond Subaru owners have with their vehicles. The campaign, developed by the company's brand agency, Carmichael Lynch, features print, TV and digital media ... Continue reading

Fisker Automotive on Track for 2009 Fourth Quarter Delivery Despite Recent Allegations

Fisker Automotive on Track for 2009 Fourth Quarter Delivery Despite Recent Allegations

IRVINE, Calif., April 24 -- Today, Fisker Automotive, Inc. announced that the company is on track for delivery of the Fisker Karma in Q4 2009, and that it will vigorously defend the recent allegations put forth by Tesla. Tesla Motors breached the arbitration agreement in its contract with Fisker by filing these meritle ... Continue reading

Statement from J.D. Gibbs Regarding Tony Stewart's Contract Status

Statement from J.D. Gibbs Regarding Tony Stewart's Contract Status

HUNTERSVILLE, N.C. (April 24, 2008) – The following is a statement from J.D. Gibbs, president of Joe Gibbs Racing, regarding the contract status of driver Tony Stewart, “There has been much speculation regarding the future of our driver, Tony Stewart. Tony is currently here through 2009, and from a Joe Gibbs ... Continue reading

2009 Audi A3 Preview

2009 Audi A3 Preview

Ingolstadt Germany April 24, 2008; The 2009 Audi A3, offered in the USA exclusively with the five-door body style, raises its sporty profile with a raft of improvements and an accentuated design. Innovative technologies such as the S tronic dual-clutch transmission and Audi magnetic ride, the suspension control system, ... Continue reading

INDYCAR SERIES NOTES

INDYCAR SERIES NOTES

1. Camara replaces Perera at Conquest: Jaime Camara didn’t take the express route to the IndyCar Series, but three years of seasoning in Firestone Indy Lights will serve him well straight away. Conquest Racing announced that Camara will drive the No. 34 Dallara/Honda/Firestone for the remainder of the season, begi ... Continue reading

Triple Header ASALMS Weekend on RaceTalkRadio.com

Triple Header ASALMS Weekend on RaceTalkRadio.com

Last season RaceTalkRadio brought fans exciting racing action from all over the country! This weekend RaceTalkRadio will feature our first broadcast of the original ASA Late Model Series for 2008. Every lap of green flag action from O’Reilly Raceway Park can be heard LIVE on RaceTalkRadio.com. Join the voice of th ... Continue reading

Team Dakar USA Rides Roller Coaster in Central Europe Rally

Team Dakar USA Rides Roller Coaster in Central Europe Rally

Team Dakar USA Rides Roller Coaster in Central Europe Rally Veszprem, Hungary - The course was once again centered around the ex-military base outside of Veszprem, which provided an emotional rollercoaster ride for Robby Gordon and Andy Grider's. Stage five started out strong with the Monster Energy Hummer taking its f ... Continue reading

35TH ANNIVERSARY ROLEX MONTEREY HISTORIC AUTOMOBILE RACES

35TH ANNIVERSARY ROLEX MONTEREY HISTORIC AUTOMOBILE RACES

MONTEREY, Calif. – The Rolex Monterey Historic Automobile Races presented by Toyota will celebrate its 35th anniversary this year by celebrating highlights from the event’s illustrious past. The event will take place on August 15-17 at Mazda Raceway Laguna Seca and will salute the Alfa Romeo, which was the fi ... Continue reading

JEGS series releases list of invitees for national event in St. Louis

JEGS series releases list of invitees for national event in St. Louis

DELAWARE, Ohio (April 23) -- Officials with the JEGS ProMod Challenge have announced a list of invitees for the upcoming 12th annual O’Reilly NHRA Midwest Nationals, which run May 2-4 at Gateway International Raceway in the St. Louis suburb of Madison, Ill. The 24 racers on the list must accept their invitations b ... Continue reading

Dalziel Re-launches Website Heading to VIR

Dalziel Re-launches Website Heading to VIR

Orlando, Florida (April 24, 2008) – Ryan Dalziel is pleased to announced today his return to the online community with a new-look website at www.ryandalziel.com The Scots-born racer has been absent from the world-wide-web for a couple of seasons but vowed to return having secured a full-time ride in the 2008 Grand ... Continue reading

INDYCAR SERIES NOTES

INDYCAR SERIES NOTES

1. In Case You Missed It: Tomas Scheckter, Jaime Camara, Arie Luyendyk Jr., Kansas Speedway teleconference: IndyCar Series driver Tomas Scheckter, Firestone Indy Lights driver Arie Luyendyk Jr. and Kansas Speedway president Jeff Boerger were guests on today’s Indy Racing League teleconference. Background on Tomas ... Continue reading

Hinchcliffe Back for Brands Hatch Finale

Hinchcliffe Back for Brands Hatch Finale

Montréal, Canada (April 24, 2008) - A1 Team Canada is pleased to announce that James Hinchcliffe will close out the 2007-08 A1GP World Cup of Motorsport racing for the team at the season finale hosted at the Brands Hatch Circuit in the United Kingdom, Friday 2nd - Sunday 4th May. The 21-year-old Toronto-resident will ... Continue reading

Grand-Am Rolex Series Champs Alex Gurney, Jon Fogarty and GAINSCO/Bob Stallings Racing Look for First VIR and 2008 Win

Grand-Am Rolex Series Champs Alex Gurney, Jon Fogarty and GAINSCO/Bob Stallings Racing Look for First VIR and 2008 Win

DALLAS (April 23, 2008) — Encouraged by a strong performance and equally determined after a nearly-missed victory less than a week ago in Mexico City, reigning Grand-Am Rolex Sports Car Series Champions Alex Gurney, Jon Fogarty and GAINSCO/Bob Stallings Racing are primed for their first win of 2008 at this weekend ... Continue reading

TOP BOXER MAYWEATHER TO SERVE AS HONORARY STARTER AT INDY

TOP BOXER MAYWEATHER TO SERVE AS HONORARY STARTER AT INDY

INDIANAPOLIS, Thursday, April 24, 2008 – Floyd Mayweather Jr., the world’s top pound-for-pound boxer, will serve as the honorary starter of the 92nd Indianapolis 500 on Sunday, May 25. Mayweather, a world champion in five weight classes, will wave the green flag to send the field of 33 drivers in action on th ... Continue reading

Study Shows New-Car Shoppers Cut Spending in Wake of High Gas Prices

Study Shows New-Car Shoppers Cut Spending in Wake of High Gas Prices

Kelley Blue Book Marketing Research Shows New-Car Shoppers Cutting Back on Other Discretionary Purchases IRVINE, Calif., April 24 -- According to the latest Kelley Blue Book Marketing Research study (http://www.kbb.com/), the number of new-car shoppers adjusting their spending habits due to increasing gas prices has re ... Continue reading

Extreme Motorsports Completes Engineering for Industry's First Electric Sandcar

Extreme Motorsports Completes Engineering for Industry's First Electric Sandcar

BAKERSFIELD, Calif., April 24 -- Extreme Motorsports of California, Inc. (Pink Sheets: EMOC)("Xtreme" or the "Company"), the world's only publicly traded sandcar manufacturer, is pleased to announce it has completed the engineering & manufacturing plans for the industry's first completely electric sandcar. With the eve ... Continue reading

Ford Motor Credit Earns $24 Million in the First Quarter of 2008*

Ford Motor Credit Earns $24 Million in the First Quarter of 2008*

DEARBORN, Mich., April 24 -- Ford Motor Credit Company reported net income of $24 million in the first quarter of 2008, down $169 million from earnings of $193 million a year earlier. On a pre-tax basis, Ford Motor Credit earned $36 million in the first quarter, compared with $293 million in the previous year. The decr ... Continue reading

AutoUpLinkUSA Develops Search By Ownership History

AutoUpLinkUSA Develops Search By Ownership History

Expanded Partnership With Carfax Prioritizes Vehicle Search Results CENTREVILLE, Va., April 24 /PRNewswire-USNewswire/ -- AutoUpLinkUSA today announced that car buyers now can shop for used cars based on ownership history, narrowing their search results to include only Carfax 1-Owner cars. This enhancement to AutoUpLin ... Continue reading

Asbury Automotive Group Reports First Quarter Financial Results

Asbury Automotive Group Reports First Quarter Financial Results

NEW YORK, April 24 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today reported financial results for the first quarter ended March 31, 2008. Income from continuing operations for the first quarter was $11.2 million, or $0.35 per diluted share, compared to ad ... Continue reading

Ford Makes Solid Progress on Plan -- $100 Million Net Income in First Quarter 2008 Preliminary Results+

Ford Makes Solid Progress on Plan -- $100 Million Net Income in First Quarter 2008 Preliminary Results+

-- Significant progress made on our plan to aggressively restructure to operate profitably, accelerate the development of new products our customers want and value, finance our plan and improve the balance sheet, and work together effectively as one team, leveraging our global assets. -- First quarter 2008 net income o ... Continue reading

Nokia and Renault Offer the Latest for Brazilian Auto Buyers

Nokia and Renault Offer the Latest for Brazilian Auto Buyers

Nokia N95, Nokia Maps and Accessories Included in Special Edition Automobile ESPOO, Finland, April 24 -- Renault Brazil and Nokia Brazil have joined forces to offer technology savvy Brazilians an automobile that combines modern design with the most advanced mobile technology available today. The special edition Sandero ... Continue reading

Spartan Motors Highlights Quarterly Results

Spartan Motors Highlights Quarterly Results

FOR IMMEDIATE RELEASE Spartan Motors Highlights Quarterly Results * Net sales of $264.1 million; Increased 11.2% compared to fourth quarter 2007 * Quarterly earnings of $0.45 per diluted share; Increased 80% compared to fourth quarter 2007 * Consolidated backlog of $237.3 million; Decreased 29.9% compared to fourth qua ... Continue reading

Harbin Electric Experiences Robust Growth for Its Permanent Magnetic Linear Servo Motor

Harbin Electric Experiences Robust Growth for Its Permanent Magnetic Linear Servo Motor

HARBIN, China, April 24 /Xinhua-PRNewswire-FirstCall/ -- Harbin Electric, Inc., ("Harbin Electric" or the "Company", Nasdaq: HRBN), a market leader in customized linear motors, motor/controller automation systems, automobile specialty micro-motors, and other special motors, today announced that its permanent magnetic l ... Continue reading

The brand new aerodynamics package edo 630 Scuderia!

The brand new aerodynamics package edo 630 Scuderia!

edo competition Motorsport GmbH, one of the top names in sophisticated modifications of Ferrari, Lamborghini and Porsche cars is now introducing the brand new “edo 630 Scuderia” aerodynamics package for the Ferrari 599 GTB! ... Continue reading

EnerDel Receives Positive Results in Independent Tests on Company's Lithium-Ion Automotive Battery System

EnerDel Receives Positive Results in Independent Tests on Company's Lithium-Ion Automotive Battery System

INDIANAPOLIS, April 24 -- EnerDel, the advanced automotive battery systems subsidiary of alternative energy company Ener1, Inc. (BULLETIN BOARD: ENON) , today announced confirmation by a U.S. government laboratory of the energy, power and efficiency, as well as thermal performance, of the company's lithium-ion automoti ... Continue reading

JeepSpace Goes Live!

JeepSpace Goes Live!

JeepForum.com PO BOX 911 San Marcos, Texas 78667 Email: Contact Us JeepSpace.com Goes Live Offers a comprehensive Social Network for Jeep Enthusiasts Worldwide San Marcos, Texas April 23, 2008— Filling the need of a social network for Jeep enthusiasts the launch of JeepSpace.com is finally here! JeepSpace.com aims ... Continue reading

The dream becomes reality; Peugeot announces RC Z concept to enter production

The dream becomes reality; Peugeot announces RC Z concept to enter production

As part of the CAP 2010 project and the acceleration of the Marque’s product offer, Mr Jean-Philippe Collin, Director General of Automobiles Peugeot, announced today at the Lisbon Motor Show that the RC Z Concept Car will be going into full production. ... Continue reading

The Audi A3: Fresh dynamism increasing driving pleasure

The Audi A3: Fresh dynamism increasing driving pleasure

The Audi A3 and A3 Sportback, the premium compact models from Audi, are raising their sporty profile with a raft of improvements and an accentuated design. Innovative technologies such as the S tronic dual-clutch transmission with seven speeds and Audi magnetic ride, the suspension control system, makes for even greate ... Continue reading

Engauge Wins Work with NGK Spark Plugs

Engauge Wins Work with NGK Spark Plugs

Marketing Agency to Connect with Automotive Enthusiasts PITTSBURGH, April 24 -- Marketing agency Engauge ( www.engauge.com ) has been retained by NGK Spark Plugs USA to create interactive and relationship marketing projects. (Logo: http://www.newscom.com/cgi-bin/prnh/20071031/CLW085LOGO ) "This is an extremely exciting ... Continue reading

AutoNation Reports 2008 First Quarter Results of Operations

AutoNation Reports 2008 First Quarter Results of Operations

FORT LAUDERDALE, Fla., April 24 -- AutoNation, Inc. , America's largest automotive retailer, today reported 2008 first quarter net income from continuing operations of $56 million or $0.31 per share, compared to year-ago net income from continuing operations of $83 million or $0.39 per share. Results for the first quar ... Continue reading

Manheim Unveils Alternative Energy Initiative at New Jersey Facility

Manheim Unveils Alternative Energy Initiative at New Jersey Facility

FOR IMMEDIATE RELEASE CONTACT: Lois Rossi April 24, 2008 Manheim Public Relations (678) 645-2028 Manheim Unveils Alternative Energy Initiative at New Jersey Facility Installation of Rooftop Solar Panels Supports New Jersey Clean Energy Pilot Program BORDENTOWN, N.J. - Manheim, the world's leading provider of vehicle re ... Continue reading

Chrysler Talks About Minivan Sales, And So Does TACH

Chrysler Talks About Minivan Sales, And So Does TACH

Ask US About Minivan Sales Posted Apr 24, 2008, 11:06 AM by Stuart Schorr Ask US About Minivan Sales Posted Apr 24, 2008, 11:06 AM by Stuart Schorr Category: Sales and Marketing Stuart Schorr is Senior Manager, Sales, Mopar and Dealer Communications If you want to talk about hamburgers, you call McDonald's. And if you ... Continue reading

News Release: Auburn Cord Duesenberg Automobile Museum Receives Conservation Bookshelf

News Release: Auburn Cord Duesenberg Automobile Museum Receives Conservation Bookshelf

AUBURN CORD DUESENBERG AUTOMOBILE MUSEUM NEWS RELEASE - 4/24/2008 For Immediate Release April - 2008 CONTACT: Gran Roberts Marketing Director (260) 925-1444 ext. 30 Auburn Cord Duesenberg Automobile Museum Receives Conservation Bookshelf AUBURN - Treasured objects and artifacts held by the Auburn Cord Duesenberg Automo ... Continue reading

Expert's Advice on Safety for Tire Pressure Monitoring Systems

Expert's Advice on Safety for Tire Pressure Monitoring Systems

COSTA MESA, Calif., April 24 -- If you are one of more than 21 million drivers who own a vehicle with a Tire Pressure Monitoring System (TPMS), it would be easy to conclude that you don't need to check your tire pressure. While a TPMS will reduce the chances of a blowout, the vast majority of systems don't provide enou ... Continue reading

Toyota Announces Management Change

Toyota Announces Management Change

TOKYO, April 24, 2008; Chang-Ran Kim writing for Reuters reported that - Toyota Motor Corp announced on Thursday a reshuffling of its top management, including the assignment of founding family scion Akio Toyoda to take on overseas on top of domestic operations as executive vice president. Toyoda, a grandson of company ... Continue reading

LoJack Corp. Announces First Quarter 2008 Results Webcast

LoJack Corp. Announces First Quarter 2008 Results Webcast

WESTWOOD, Mass., April 23 -- LoJack Corporation (Nasdaq GS: LOJN) announces the following webcast for its first quarter 2008 results on Wednesday, April 30: What: LoJack Corp. to report first quarter 2008 results When: Wednesday, April 30 -- 09:00AM EDT How: To listen to the live webcast, visit http://www.videonewswire ... Continue reading

Japan Automakers See Brisk Exports, Poor Domestic Sales in FY ' 07

Japan Automakers See Brisk Exports, Poor Domestic Sales in FY ' 07

Japan Automakers See Brisk Exports, Poor Domestic Sales in FY ' 07 Print | Email | Alerts Tokyo, Apr 23, 2008 (Jiji Press) - All eight major Japanese automakers posted year-on-year gains in exports and overseas production in fiscal 2007 that ended in March thanks to brisk demand for fuel-efficient vehicles, according t ... Continue reading

Toyota Takes Lead in Global Auto Sales in Jan.-March 2008

Toyota Takes Lead in Global Auto Sales in Jan.-March 2008

Tokyo, Apr 24, 2008; The Toyota Motor Corp. group was the top vehicle seller on the global market in January-March, beating U.S. auto giant General Motors Corp. GM said Wednesday its global automobile sales in the first quarter of 2008 came to 2,253,946 units, down 0.6 pct from a year before. Meanwhile, sales by Toyota ... Continue reading

Toyota takes 1Q world sales lead from General Motors

Toyota takes 1Q world sales lead from General Motors

DETROIT April 23, 2008; Tom Krishner writing for the AP{ reported that Toyota took the global sales lead from General Motors in the first quarter, capitalizing on growth in China and Europe as GM saw its North American sales drag down gains in other markets. Toyota Motor Corp. said Wednesday it sold 2.41 million vehicl ... Continue reading

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