Krohn Racing looked to potentially have a Top Five and Top Ten finish in hand for their two-car team at the two-hour mark and end of the Montreal Grand-Am race. Instead they could only celebrate a Top Ten for owner/driver Tracy Krohn and Montreal race co-driver Oliver Gavin in the No. 75 Krohn Racing Pontiac Lola. Brak ... Continue reading
Last Lap Pass Fuels Closest Grand-Am Rolex Series Finish
MONTREAL, Quebec, Canada (Aug. 1, 2008) - Close finishes continue to be a common occurrence in the 2008 Grand-Am Rolex Sports Car Series presented by Crown Royal Cask No. 16 season, and Fridayâs Montreal 200 at the Circuit Gilles Villeneuve became the closest in series history. Canadian Mark Wilkins, a native of T ... Continue reading
LONDON - August 1, 2008: The latest addition to the Renault Sport family is Mégane R26.R, a car that has been engineered for performance and extreme driving enjoyment. Mégane R26.R is based on Mégane F1 Team R26 and uses the same engine, gearbox and limited slip differential, but has been lightened by 123kg and feat ... Continue reading
A Look Back In Talladega Superspeedway History
TALLADEGA, Ala. â What does a Chevrolet Corvette, a BMW 2002 and an AMC Gremlin all have in common? They have all won at Talladega Superspeedway. In the early and mid 1970âs, the infield road course at Talladega Superspeedway could be linked to the 2.66-mile trioval to create a daring four-mile track for spor ... Continue reading
TV AUDIENCE, ATTENDANCE UP FOR AMERICAN LE MANS SERIES THIS SEASON
Attendance is up six percent for American Le Mans Series race in 2008. Photo: American Le Mans Series The American Le Mans Series reports gains in both television ratings (Nielsen Media Research) and attendance as the world's premier sports car series heads to Road America August 9 for Round Seven of its 2008 season. W ... Continue reading
ALEXANDRIA, Va., Aug. 1 /PRNewswire-USNewswire/ -- Following a favorable report out of the Massachusetts Consumer Protection and Professional Licensure Committee, The Motor Vehicle Owners' Right to Repair Act was placed on the House calendar for a floor vote. Due to the extreme number of bills and issues before the Leg ... Continue reading
SERVIA SET FOR KENTUCKY SPEEDWAY INDYCAR SERIES DEBUT
SPARTA, Ky. â Spaniard Oriol Servia took his first laps around the Kentucky Speedway tri-oval today when the IndyCar Series closed out a two-day test session for next weekendâs âMeijer Indy 300 Presented by Pepsi and Edyâs.â One of the seriesâ newest faces is currently making the strongest ... Continue reading
GM Reports Preliminary Second Quarter Financial Results
DETROIT, Aug. 1 -- -- Adjusted net loss of $6.3 billion, reported net loss of $15.5 billion -- Results impacted by $9.1 billion of predominantly non-cash special items -- Sales records set in three of four regions -- Q2 liquidity position of $21 billion, plus credit lines of additional $5 billion Second Quarter 2008 20 ... Continue reading
Chrysler LLC Celebrates August Retail Purchase and Finance Enhancements
- Company to make buying as affordable as renting - 72-month finance deals expanded to wider range of vehicles - Customers to receive up to $2,000 cash back on select retail purchases when financed through Chrysler Financial - Finance payments reduced to levels previously available on 36-month lease transactions - Retu ... Continue reading
Front-Row Rebound For GAINSCO/Bob Stallings And Jon Fogarty In Qualifying For Montreal
GAINSCO/Bob Stallings Racing made a front-row rebound Friday in qualifying for today's Montreal 200 at Circuit Gilles Villeneuve where Jon Fogarty captured the outside-pole starting position with a lap time of 1:33.707 (104.073 mph) in the repaired No. 99 GAINSCO Auto Insurance Pontiac Riley. Today's 74-lap race on the ... Continue reading
Chrysler LLC Statement Regarding the Company's Second Quarter and Half Year Financial Performance
AUBURN HILLS, Mich., Aug. 1 -- The following can be attributed to Ron Kolka, Executive Vice President and Chief Financial Officer, Chrysler LLC. "Chrysler LLC today announced that in spite of the severe economic and industry challenges, we continue to perform ahead of our financial plan for the second quarter and first ... Continue reading
Rossiter To Join Montagny in Andretti Green's XM Acura
Andretti Green Racing (AGR) announced today it has signed James Rossiter as co-driver of the XM Satellite Radio Acura for upcoming American Le Mans Series stops at Road America and Mosport International Raceway. Rossiter will be paired with Franck Montagny at the next two series events. Montagny joined Andretti Green's ... Continue reading
GM Reports July 2008 Sales - Down
DETROIT â GM today announced July sales results, highlighted by continued strong performance in small and midsize cars and crossovers. GM dealers in the United States delivered 235,184 vehicles in July, down 26.7 percent. Weak industry conditions caused by a challenging U.S. economic environment, higher fuel price ... Continue reading
Opening-Day Practice Accident at Montreal for GAINSCO/Bob Stallings
Despite getting caught up in a Thursday afternoon practice accident on the opening day of the Montreal 200 at Circuit Gilles Villeneuve, GAINSCO/Bob Stallings Racing and reigning Rolex Series Champions Alex Gurney and Jon Fogarty will be back on track and at full strength for tomorrow's 74-lap race on the 2.709-mile ci ... Continue reading
Harbin Electric Schedules Conference Call to Discuss Second Quarter 2008 Earnings on August 11, 2008
HARBIN, China, Aug. 1 /Xinhua-PRNewswire-FirstCall/ -- Harbin Electric, Inc., ('Harbin Electric' or the 'Company'; Nasdaq: HRBN), a leading developer and manufacturer of a wide range of electric motors, today announced that it will host a conference call to discuss the second quarter financial results at 8:30 a.m. ET o ... Continue reading
Deadline for SAE International Commercial Vehicle Excellence in Media Award is Aug. 31
The deadline for SAE International's Commercial Vehicle Excellence in Media Award is fast approaching. Entries need to be postmarked by Aug. 31, 2008. The SAE International Commercial Vehicle Excellence in Media Award is designed to recognize journalists, broadcasters and photographers for outstanding work in explainin ... Continue reading
McClellan, Copeland Named to Goodyear North American Leadership Positions
AKRON, Ohio, Aug. 1 -- The Goodyear Tire & Rubber Company today announced that Stephen McClellan and Joe Copeland have been named to new leadership assignments within the company's North American Tire business. (Logo: http://www.newscom.com/cgi-bin/prnh/20050204/GTLOGO ) McClellan, formerly vice president of Commercial ... Continue reading
Toyota Announces Prices for 2009 Yaris Subcompact
TORRANCE, Calif., Aug. 1 -- Toyota Motor Sales (TMS), U.S.A., Inc., today announced manufacturer's suggested retail prices (MSRP) for the three fuel efficient 2009 Toyota Yaris subcompact models. MSRPs will range from $12,205 for the three-door Liftback Base model to $15,880 for the Sedan S model when the vehicles hit ... Continue reading
Standard Motor Products, Inc. Announces Second Quarter 2008 Earnings Conference Call
NEW YORK, Aug. 1 -- Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, is scheduled to report its earnings for the three months ended and six months ended June 30, 2008 on Monday, August 4, 2008 before the opening of the stock market. Management will hold a conference call at ... Continue reading
Audi Announces 2009 MY Pricing for the All-New A4 Sedan and Avant Models
HERNDON, Va., Aug. 1 -- Audi of America today released pricing for two of its newest entries, the 2009 model year Audi A4 sedan and A4 Avant. Manufacturer's Suggested Retail Price for the A4 sedan will start at $32,700, while MSRP for the A4 Avant will start at $34,500. "The combination of efficiency, power, performanc ... Continue reading
Ford Foundation Says Rights and Opportunity Are Critical for People Living Longer with HIV
Advanced Treatment is Extending Lives, but Social Progress is Needed for People to Live Full Lives with the Disease MEXICO CITY, Aug. 1 /PRNewswire-USNewswire/ -- As millions of people across the globe begin accessing treatment and care for HIV/AIDS, the Ford Foundation today said that creating a world where people wit ... Continue reading
BOSTON, Aug. 1 /PRNewswire-USNewswire/ -- Massachusetts is proving to be a very receptive state for landmark legislation that would protect consumers' right to choose where they have their cars repaired. The legislation (H4892) would require car manufacturers to provide independent repair shops equal access to the same ... Continue reading
Chrysler LLC Reports July 2008 U.S. Sales
- Chrysler Town & Country up 24 percent in July; drives total minivan sales 5 percent higher; considered fuel-efficient alternative - Fuel-efficient Jeep(R) Patriot is a true success in the market - Dodge Ram performance improves versus previous month's sales - Dodge Avenger sedan continues strong performance - All-new ... Continue reading
Hyundai Motor America Reports July 2008 Sales-Down
FOUNTAIN VALLEY, Calif., Aug. 1 -- Hyundai Motor America today announced sales of 40,703 for the month of July, a 6.5 percent decrease over the same period last year. "Although Accent and Elantra sales continued their upward trend with increases of 96 percent and 31 percent respectively over the same period last year, ... Continue reading
Mitsubishi Motors Reports July 2008 Sales-Up
CYPRESS, Calif., Aug. 1 -- Mitsubishi Motors today announced total July 2008 sales of 9,644. -- Galant sales were 2,286, up 30.6 percent compared to July 2007. Calendar year-to-date Galant sales are 3.4 percent ahead of January-July 2007. -- Last month was the best July for Galant sales in three years. ... Continue reading
Audi of America Reports July 2008 Sales - Down
- Audi expects to increase market share despite a decrease in month-to-month sales - CPO sales are up again - Audi A3, A6, A8 sales up HERNDON, Va., Aug. 1 -- Audi of America, Inc. announced today auto sales for the month of July totaling 6,804, a decrease of 4.5% from last year's figures, yet the brand expects to gain ... Continue reading
Mercedes-Benz Reports 11.6 Percent Increase for July 2008 Sales
MBUSA Records Best Year-to-Date Sales on Record MONTVALE, N.J., Aug. 1 -- Mercedes-Benz USA (MBUSA) today reported sales of 20,733 new vehicles for July 2008, an 11.6 percent increase over last July. This brings the year-to-date total to 140,012 units, marking a 2.3 percent increase over the same period last year and s ... Continue reading
Impreza posts best July ever. Forester up 51%. CHERRY HILL, N.J., Aug. 1 -- Subaru of America, Inc. today reported July sales of 16,271 total units -- a 5% increase over the same month in 2007. The company posted total Year-to-Date sales of 110,366 units, a 5% gain over YTD July 2007 (105,592 units). (Logo: http://www. ... Continue reading
Ford Reports July 2008 Sales-Down
- Ford Focus sales were up 16 percent in July and 26 percent year-to-date. - Total car sales up 8 percent. - Consistent with industry trends, crossover sales in July were down 8 percent, sport utilities were down 54 percent, and trucks and vans were down 18 percent. - Ford, Lincoln and Mercury sales totaled 156,406 in ... Continue reading
- Total of 23,292 Units of Mercedes-Benz Cars Division Sold in U.S. - Mercedes-Benz USA Records 12 Percent Sales Growth for the Month with 20,733 New Vehicles Sold - smart USA Records 2,559 Sales in July NEW YORK, Aug. 1 -- Daimler AG today reported sales for the Mercedes-Benz Cars division (Mercedes-Benz and smart com ... Continue reading
BMW Group Reports July 2008 Sales Up
BMW Group US sales (BMW and MINI combined) up 2.2 percent in July. WOODCLIFF LAKE, N.J., Aug. 1 -- The BMW Group in the U.S. (BMW and MINI combined) reported July sales of 28,977 vehicles, an increase of 2.2 percent over the 28,364 vehicles sold in July 2007. The BMW Group also reported its year-to-date sales volume of ... Continue reading
2008 British Motor Show: Alfa Romeo Formally Introduces MiTo to the UK - EXCLUSIVE VIDEO
LONDON - August 1, 2008: Alfa Romeo's eagerly anticipated sporty compact, the Alfa MiTo, made its UK public debut at this year's British International Motor Show in ExCeL London. The Auto Channel was on-location to videotape the complete Alfa Romeo press conference. The first compact Alfa Romeo for more than 35 years, ... Continue reading
Volkswagen Reports July 2008 Sales Up
HERNDON, Va., Aug. 1 -- Volkswagen of America, Inc. today announced July 2008 sales of 20,442 units, a 4.0 percent increase over the July 2007 sales of 19,653 vehicles. On a year-to-date basis, 2008 Volkswagen sales are 1.1 percent ahead of 2007 sales through July. "We're pleased with our July sales results," said Mark ... Continue reading
Toyota Reports July 2008 Sales Down
TORRANCE, Calif., Aug. 1 -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported July sales of 197,424 vehicles, a decrease of 18.7 percent from last July, on a daily selling rate basis. The Toyota Division posted July sales of 175,242 units, a decrease of 17.9 percent from last July. The Lexus Division reported July ... Continue reading
Mazda Reports July 2008 Sales Down
MAZDA3 Continues Its Hot Streak, Reports Best July Ever IRVINE, Calif., Aug. 1 -- Mazda North American Operations (MNAO) today reported July 2008 sales of 22,418 vehicles, a 13.3 percent decrease over last year. Year-to-date, Mazda reports 175,559 vehicles sold, down a slight 1.7 percent. "As fuel prices continue to ri ... Continue reading
Acura Announces July 2008 Sales Down
TORRANCE, Calif., Aug. 1 -- For the third consecutive month, the all-new TSX remains Acura's best-selling vehicle. In July, TSX sales were 3,474 units, up 15.9 percent over July 2007 sales based on daily selling rate*. Total July sales for Acura were 12,828 units, down 17.7 percent versus 2007 sales. "In a time when fu ... Continue reading
American Honda Reports July 2008 Sales - Down
Fit sets another all-time sales record; Honda car sales rise 6.7% for July record TORRANCE, Calif., Aug. 1 -- American Honda Motor Co., Inc. posted July total vehicle sales of 138,744, a daily-selling-rate basis* decline of 9.2 percent compared to July 2007 results. Honda Division posted July sales of 125,916, a declin ... Continue reading
Nissan North America Announces July 2008 Sales Up
NASHVILLE, Tenn., Aug. 1 -- Nissan North America, Inc. (NNA) today reported sales for July of 95,319 units versus 87,877 units a year ago, an increase of 8.5 percent. Sales of Nissan Division vehicles increased 9.9 percent, while sales of Infiniti vehicles decreased by 2.9 percent. NISSAN HIGHLIGHTS -- Nissan vehicles ... Continue reading
Kia Motors America Announces Record July Sales
IRVINE, Calif., Aug. 1 -- Kia Motors America (KMA) today announced its best July ever with record sales of 28,021 units, an increase of 5.0 percent over the same period last year, and year-to-date sales of 185,640 units, an increase of 2.5 percent over the same period last year. Sportage had its best month of the year ... Continue reading
Nissan contributes EUR 509 million to Renault first half 2008 earnings
Nissan today announced financial results for the first quarter of fiscal year 2008 (April 1, 2008 - June 30, 2008). ... Continue reading
Jeep Launches New Cherokee in the UK - As Capable On-Road As Off
The all-new Cherokee takes on the rugged design people associate with the original Cherokee but brings it completely up-to-date. A new suspension and steering system help make the Cherokee more refined on the road, while on the inside, the Cherokee moves more upmarket with a leather interior, heated front memory seats, ... Continue reading
Turbo Technics Launches New VSR Machine for North American Market
The UK's leading turbocharger specialist, Turbo Technics, will be unveiling the latest specification of its turbocharger core balancing machine for the North American market at the Associated Diesel Specialists Convention in Las Vegas next week. The VSR Mk4P-NA is designed specifically to balance turbochargers in the N ... Continue reading
Moms Blog Their Way Across the U.S. in a Chevy Tahoe Hybrid - VIDEO STORY
DETROIT - August 1, 2008: A group of five mothers have completed a U.S. cross-country road trip in which they blogged about their experiences. Driving a hybrid Tahoe, the moms chronicled their experiences which included stops in Chicago; Omaha, NE; Denver; Salt Lake City and Reno, NV. While the moms were sans children, ... Continue reading
Red, White or Blue - There's a Special i30 For You
A new special edition for the i30 range promises to bring a little colour to British roads this autumn. The new version of the acclaimed hatchback is based on the popular 1.4 Comfort model, but adds extra equipment and colours which have not previously been available on any i30 hatch. ... Continue reading
Volkswagen Transporter - First Van to Be Awarded Four Stars by ANCAP
Australia's leading vehicle safety organisation, the Australasian New Car Assessment Program (ANCAP), has awarded its first 4-star rating for a commercial van - to the Volkswagen Transporter. ... Continue reading
New Mercedes-Benz GLK-Class Posts Impressive Number of Incoming Orders
Mercedes-Benz' new compact SUV has met with an outstanding response from customers in the first month after the vehicle was released for sale on June 30, 2008. In Western Europe alone, Mercedes-Benz has already received a total of 10,000 orders for a GLK-Class vehicle by the end of July. Deliveries of the GLK, which ce ... Continue reading
BMW Group Adjusts Forecast to Market Conditions
Business conditions for the automobile industry deteriorated sharply again in the second quarter due to further ongoing steep rises in oil and raw material prices, the weakness of the US dollar, the impact of the international financial crisis and a weaker US economy. As a result, the price level of pre-owned cars in t ... Continue reading
Volkswagen Tiguan launched in Russia
Russian customers can now also purchase the Tiguan, which, like the Passat and Jetta, is produced at the Volkswagen plant in Kaluga. "The decision to build the Tiguan locally is an indication of the strategic importance of the Russian market for the Volkswagen brand," Frank Wittemann, Head of the Volkswagen brand in Ru ... Continue reading
Ford Tunes Into Digital Future With DAB Radios
Ford drivers can now listen to digital quality radio while on the move thanks to the latest in-car DAB (Digital Audio Broadcasting) audio systems. DAB offers drivers a wider choice of radio stations in a sound quality free from the type of interference which can affect traditional AM and FM broadcasts. ... Continue reading
A New Bugatti Veyron 16.4 Shows Its Open Side
A new Bugatti will publicly be displayed for the first time at this year's Pebble Beach Concourse d'Elegance, on August 16th, 2008 Molsheim, France/Wolfsburg, August 1, 2008 - The last preparations are running at full speed. Two more weeks and then Bugatti Automobiles will present their new Veyron 16.4 Grand Sport for ... Continue reading
GM and Utility Companies to Prep for Electric Car Rollout - VIDEO STORY
Paves way for customers to realize the benefits of plug-in electric vehicles such as the Chevrolet Volt and Saturn Vue Plug-in Hybrid Further progress on road to electrification of the automobile San Jose, CA - August 1, 2008: General Motors announced that it will collaborate with the nonprofit Electric Power Research ... Continue reading
GM Reports 2Q 2008 - $15.5 Billion Loss
DETROIT August 1, 2008; Kevin Krolicki and David Bailey writing for Reuters reported that General Motors Corp posted a $15.5 billion quarterly loss on Friday, as North American sales dropped by 20 percent and plunging prices for SUVs prompted deep charges for its auto finance business. GM shares tumbled 6 percent in re ... Continue reading
AAA Texas: State Gasoline Prices Continue Rapid Downward Trend
IRVING, TX Aug 1, 2008; For the second week in a row, gasoline prices at the pump fell significantly in Texas, keeping in line with the recent fall in wholesale crude prices and the national drop in oil prices, according to the AAA Texas Weekend Gas Watch. The average price for a gallon of gas in Texas is now $3.81 a g ... Continue reading
Toyota Expands Yaris Line for 2009 with Third Model and New Safety Features
TORRANCE, Calif. August 1, 2008; Toyota is adding a five-door Liftback, to its popular, fuel-efficient Yaris subcompact model line for 2009. The versatile new five-door Yaris joins the three-door Liftback and four-door Sedan, making Yaris the only model line in its segment to offer a full complement of three body style ... Continue reading
Tim Mahoney of Subaru to Speak About Niche and Experiential Marketing at August 5 MPG Luncheon
LOS ANGELES, Aug. 1 -- The Motor Press Guild (MPG), America's largest professional automotive media association, announces that Tim Mahoney, senior vice president and chief marketing officer for Subaru of America, Inc., will speak about the company's success with niche and experiential marketing. Mahoney is the top mar ... Continue reading
Fresh, Funky and Fun - Introducing the All-New Ford Ka
The exciting new Ka, Ford's fresh, fun and funky small car, will take centre-stage at the 2008 Paris Motor Show in October. The all-new Ford Ka brings new levels of style and enjoyment to affordable city cars. ... Continue reading
Xantrex Supports City Tour for Solar Across United States
VANCOUVER, BRITISH COLUMBIA Jul 31, 2008; Xantrex Technology Inc. will be a partner in a 50-city solar technology tour across the United States from August to November 2008. City Tour for Solar consists of two educational exhibits about solar and renewable energy that will be presented to municipal leaders, community m ... Continue reading
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