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May 2008

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Tuesday, May 27, 2008

Toyota Launches First National APR Program for Select Certified Used Vehicles

Toyota Launches First National APR Program for Select Certified Used Vehicles

TORRANCE, Calif., May 27 -- Toyota Motor Sales (TMS), U.S.A., Inc., today announced its first-ever national Annual Percentage Rate (APR) program for select Toyota Certified Used Vehicles (TCUV). The national APR program offers eligible customers a 2.9 percent interest rate up to 66 months, and applies to certified used ... Continue reading

UAW strike at American Axle forces GM to idle first passenger car plant

UAW strike at American Axle forces GM to idle first passenger car plant

General Motors announced on Friday that the UAW strike at American Axle & Manufacturing Holdings Inc. — which has already caused the Detroit-based automaker to close seven of its light-duty truck production facilities — will also force the U.S.' largest automaker to close at least one of its passenger car pla ... Continue reading

Toyota and Matsushita will collaborate on New Hybrid-Battery Plant

Toyota and Matsushita will collaborate on New Hybrid-Battery Plant

Toyota Motor Corp. and Matsushita Electric Industrial Co. plan to build a new factory to make batteries used to power hybrid vehicles as record oil prices spur demand for fuel-efficient cars. The companies will invest an additional 20 billion yen ($193 million) in their Panasonic EV Energy Co. venture to build the fact ... Continue reading

After Ford Takes Historic Step, GM Faces Shareholder Vote Next Week Seeking a Comparable Plan for a Major Cut in Greenhouse Gas Emissions

After Ford Takes Historic Step, GM Faces Shareholder Vote Next Week Seeking a Comparable Plan for a Major Cut in Greenhouse Gas Emissions

June 3rd GM Shareholder Vote Follows April Withdrawal of Similar Resolution at Ford, Which Agreed to Specific GHG Cut Target; GM Faces Other Resolutions on Political Contributions and Health Care Reform. DETROIT and NEW YORK, May 27 Ford joined religious and other institutional shareholders to announce on April 9, 2008 ... Continue reading

Nissan's Canton Plant Celebrates 5th Anniversary

Nissan's Canton Plant Celebrates 5th Anniversary

More than 1.3 million vehicles produced at Nissan's Mississippi facility CANTON, Miss., May 27 -- Nissan North America's (NNA) vehicle manufacturing plant in Canton, Miss., celebrated its fifth year of production today. Since the plant's opening on May 27, 2003, more than 1.3 million vehicles have rolled off the assemb ... Continue reading

ArvinMeritor Hosts Conference Call and Web Cast to Update Financial Community on Spinoff of Light Vehicle Systems Business

ArvinMeritor Hosts Conference Call and Web Cast to Update Financial Community on Spinoff of Light Vehicle Systems Business

TROY, Mich., May 27 -- ArvinMeritor, Inc. will host a conference call and web cast on Wednesday, May 28, 2008, at 8 a.m. (ET), to update the financial community on its recently announced plan to spin off the light vehicle systems business group. The call will be hosted by Jim Donlon, executive vice president and design ... Continue reading

Production Begins on Next Generation Nissan Maxima

Production Begins on Next Generation Nissan Maxima

The 4-Door Sports Car is back SMYRNA, Tenn., May 27 -- The first production model of the all-new 2009 Nissan Maxima today rolled off the assembly line at Nissan North America's Smyrna, Tenn., manufacturing plant, signaling the return of Nissan's flagship to its roots as a commanding 4-door sports car. (Logo: http://www ... Continue reading

GT Academy goes live

GT Academy goes live

Drivers of the world, start your engines - the GT Academy has arrived. The ultimate competitive driving test will begin on June 2nd when GT Academy goes live in Gran Turismo 5 Prologue. The pan-European competition sees PlayStation and Nissan unite the worlds of virtual and real-life racing to make the dreams of aspiri ... Continue reading

Volkswagen Eos Named a 2008 Best New Road Trip Vehicle

Volkswagen Eos Named a 2008 Best New Road Trip Vehicle

Sporty coupe-sunroof-convertible appeals to all HERNDON, Va., May 27 -- Volkswagen of America, Inc. announced today that the Eos has been named to kbb.com's 2008 Top 10 Best New Road Trip Vehicles. Kelley Blue Book ( www.kbb.com ), the leading provider of new- and used-vehicle information, recognized that even with gas ... Continue reading

Altair and FTSS Cooperate to Deliver Integrated Safety Analysis Solution

Altair and FTSS Cooperate to Deliver Integrated Safety Analysis Solution

Altair to sell, support and integrate FTSS correlated virtual dummies with RADIOSS crash analysis software TROY, Mich., May 27 -- Altair Engineering, Inc., a global provider of technology and services empowering client innovation and decision-making, today announced a long term agreement with First Technology Safety Sy ... Continue reading

Toyota's April global vehicle output up 8.8 percent

Toyota's April global vehicle output up 8.8 percent

According to Toyota's Japanese parent, global production output in April rose 8.8 percent to 727,040 over last year. The increased output marks the 13th straight rise for the company. The group's worldwide output, including Toyota subsidiaries Daihatsu Motor and Hino Motors, rose 8.7 percent to 808,948 vehicles in Apri ... Continue reading

DIXON EARNS RECORD $2.98 MILLION FROM 92nd INDIANAPOLIS 500 PURSE

DIXON EARNS RECORD $2.98 MILLION FROM 92nd INDIANAPOLIS 500 PURSE

INDIANAPOLIS, – Scott Dixon earned a record $2,988,065 from a record overall purse of $14,406,580 for his victory May 25 in the 92nd Indianapolis 500-Mile Race. The previous record winner’s purse was $1,761,740 awarded to Buddy Rice in 2004, while the 2007 Indianapolis 500 field was awarded the previous recor ... Continue reading

Coughlin and crew hit reset button heading into Topeka

Coughlin and crew hit reset button heading into Topeka

TOPEKA, Kan. (May 27) -- In 220 professional starts, reigning NHRA POWERade Pro Stock champion Jeg Coughlin Jr. has failed to qualify for eliminations on just 13 occasions, or a nominal six percent of the time. The superstar racer is much more likely to reach the final round (28 percent chance) or win the race outright ... Continue reading

DIXON AIMS TO CARRY ON INDIANAPOLIS 500 TRADITION

DIXON AIMS TO CARRY ON INDIANAPOLIS 500 TRADITION

INDIANAPOLIS, Monday, May 26, 2008 -Scott Dixon has a few days to celebrate his 92nd Indianapolis 500 victory, and then he will get back to business - the business of winning the IndyCar Series championship. The 27-year-old, who won an IndyCar Series title in 2003, became the first native New Zealander to win the India ... Continue reading

Proceeds from June 4 Old Spice Prelude to the Dream to Benefit New Victory Junction Gang Camp and the Tony Stewart Foundation

Proceeds from June 4 Old Spice Prelude to the Dream to Benefit New Victory Junction Gang Camp and the Tony Stewart Foundation

ROSSBURG, Ohio (May 27, 2008) – With groundbreaking set for late September on the long-awaited second edition of the Victory Junction Gang Camp on the outskirts of Kansas City, the fourth edition of the Old Spice Prelude to the Dream has set a goal of generating $1 million to benefit the project. Next week’s ... Continue reading

First Shakedown for A1GP 'Powered by Ferrari' Car

First Shakedown for A1GP 'Powered by Ferrari' Car

London, Great Britain - The A1GP World Cup of Motorsport car for the 2008/09 season had its first shakedown at Fiorano, the Ferrari test track in Italy, last weekend. The Powered by Ferrari car was driven by, Andrea Bertolini. Following the first laps the initial feedback was positive. At Fiorano for this were A1GP Tec ... Continue reading

Herr Wins Second Half of Lime Rock SPEED TC Doubleheader

Herr Wins Second Half of Lime Rock SPEED TC Doubleheader

LAKEVILLE, Conn. (May 26, 2008) – Chip Herr, of Lititz, Pa., led every lap from the pole to capture his fifth career SCCA Pro Racing SPEED World Challenge win in Monday’s second half of a SCCA SPEED Touring Car doubleheader at Lime Rock Park. Peter Cunningham, of Milwaukee, Wis., and Pierre Kleinubing, of Coc ... Continue reading

PENSKE RACE REPORT

PENSKE RACE REPORT

Sam Hornish Jr. Leads Penske Production at Coca-Cola 600 CONCORD, N.C. – In the longest and most demanding race on the NASCAR Cup Series schedule, Penske Racing drivers Sam Hornish Jr., Kurt Busch and Ryan Newman finished 13th, 16th and 21st respectively in the Coca-Cola 600 at Lowe’s Motor Speedway Sunday ni ... Continue reading

TICKETS ON-SALE NOW FOR INAUGURAL DARLINGTON HISTORIC RACING FESTIVAL

TICKETS ON-SALE NOW FOR INAUGURAL DARLINGTON HISTORIC RACING FESTIVAL

DARLINGTON, S.C. (May 27, 2008) – Tickets are on-sale now for the inaugural Darlington Historic Racing Festival, Labor Day weekend, August 30-31. The Darlington Historic Racing Festival will feature legendary cars and drivers from a variety of racing series, including NASCAR and Indy Car, from the 1950’s thro ... Continue reading

Telematics Services From ATX Now Available to Peugeot Owners in Germany

Telematics Services From ATX Now Available to Peugeot Owners in Germany

Expansion to second country in Europe for Peugeot Services Mobiles brand DUSSELDORF, Germany, May 27 -- Peugeot owners in Germany can now utilize ATX Telematics services following the recent launch of commercial service. The introduction marks the second country in Europe that ATX supports for Peugeot. Operating under ... Continue reading

Pilgrim International, Inc. Announces Key Management Changes

Pilgrim International, Inc. Announces Key Management Changes

Manufacturer Allies With Investment Bank TransCapital Partners, LLC to Reposition for RV Industry's First Composite Units MIDDLEBURY, Ind., May 27 -- Pilgrim International, Inc. (Pilgrim) announced a restructuring of key management personnel to help streamline the development and implementation of their new composite p ... Continue reading

Universal Receiver Tester (URT) offers innovative GPS test and simulation capabilities

Universal Receiver Tester (URT) offers innovative GPS test and simulation capabilities

MONTREAL, May 27 -- Global RF and telematics test solution provider Averna today announced that it has successfully implemented a GPS Constellation Simulator software solution for the Universal Receiver Tester (URT), the company's commercial RF test platform. The solution provides live signal emulation for up to 12 sat ... Continue reading

HONDA RACING F1 TEAM TAKES ENVIRONMENTAL POLE POSITION

HONDA RACING F1 TEAM TAKES ENVIRONMENTAL POLE POSITION

Brackley 27 May 2008 HONDA RACING F1 TEAM TAKES ENVIRONMENTAL POLE POSITION The Honda Racing F1 Team today announced that it has achieved ISO14001 certification for its UK headquarters at Brackley, Northamptonshire. It is the first time that the ISO14001 accreditation has been granted specifically to a Formula One team ... Continue reading

The Giantto Group Announces Fresh New Face and Cover Girl Joanna Krupa

The Giantto Group Announces Fresh New Face and Cover Girl Joanna Krupa

During the huge annual GIANTTO GROUP/JCK event in Las Vegas, Nevada, Joanna is set to host a VIP exclusive affair for THE GIANTTO GROUP at The Bank nightclub in the Bellagio hotel LAS VEGAS, May 27 -- The Giantto Group, a prominent Los Angeles-based jewelry company specializing in original custom jewelry and exclusive ... Continue reading

Cambridge Iron Sees Immediate Savings With TireVigil(TM) Pro Tire Monitoring and Management System

Cambridge Iron Sees Immediate Savings With TireVigil(TM) Pro Tire Monitoring and Management System

TROY, Mich., May 27 -- TireStamp Corp. the leader in tire pressure monitoring and asset management solutions, today announced that Baltimore-based Cambridge Iron and Metal has selected TireStamp's TireVigil(TM) Pro system for monitoring the tires on its fleet of trucks. The TireVigil(TM) solution will be installed to s ... Continue reading

Rolls-Royce releases first sketches of RR4

Rolls-Royce releases first sketches of RR4

Rolls-Royce Motor Cars today revealed the first design sketches of its next new model. Known as RR4, the car is due to be launched in 2010 and will sit alongside the Phantom model line-up. RR4 will be smaller than Phantom and powered by a new engine, unique to Rolls-Royce. ... Continue reading

Bosch Mahle Turbo Systems - Authorities approve joint venture for exhaust gas turbochargers

Bosch Mahle Turbo Systems - Authorities approve joint venture for exhaust gas turbochargers

Robert Bosch GmbH and MAHLE GmbH have founded a 50/50 joint venture for the development, production, and sale of exhaust gas turbochargers. The European anti-trust authorities have approved the founding of the joint venture. "Bosch Mahle Turbo Systems GmbH & Co. KG" will commence business on June 2, 2008. ... Continue reading

Clear Road Ahead in German Cities - TÜV SÜD Offers Stickers for Low-Emission Zones

Clear Road Ahead in German Cities - TÜV SÜD Offers Stickers for Low-Emission Zones

MUNICH, Alemania, May 27 -- - New TÜV SÜD Service for Motorists Travelling to Germany In the future, motorists who want to drive freely everywhere in Germany, including in conurbations where environmental zones have been established, will need low-emission cars and 'emissions stickers'. This applies both to vehicles ... Continue reading

With "Vorsprung durch Technik" to German Open

With "Vorsprung durch Technik" to German Open

When the HypoVereinsbank Ladies German Open tees off next Thursday, some of the lady golfers can already count on 'Vorsprung durch Technik': Audi provides each of the ten best pros with an Audi A3 Cabriolet for the duration of the tournament. Today, the players received their vehicles at the tournament venue, Golfclub ... Continue reading

Volkswagen orients its human resources work worldwide to its growth strategy

Volkswagen orients its human resources work worldwide to its growth strategy

The Volkswagen Group is orienting its human resources work worldwide to the company's growth strategy. Some 70 HR managers from all of the Group's sites met at the Pamplona plant to discuss this issue. ... Continue reading

Hyundai To Build Small Sedans at Kia's US plant

Hyundai To Build Small Sedans at Kia's US plant

SEOUL, May 27, 2008; Cheon Jong-woo writing for Reuters reported that Hyundai Motor Group said on Tuesday the world's No. 6 auto maker plans to produce small sedans at a U.S. plant being built by subsidiary Kia Motors Corp (000270.KS: Quote, Profile, Research), as record-breaking oil prices spur more demand for such ca ... Continue reading

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