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August 2008

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Wednesday, August 13, 2008

2008 MANAGEMENT BRIEFING SEMINARS - TRAVERSE CITY DAY 2

2008 MANAGEMENT BRIEFING SEMINARS - TRAVERSE CITY DAY 2

Day Two – By Steve Purdy TheAutoChannel.com Detroit Bureau STEVE: We’re here for the news as well as the insights. Toyota’s Steve St. Angelo, senior VP of engineering and manufacturing, revealed in interviews with Wards AutoWorld that they are considering manufacturing the new Highlander Hybrid in the US ... Continue reading

Metaldyne's Sintered Products Group Awarded Six Contracts to Supply Powder Metal Forged Connecting Rods

Metaldyne's Sintered Products Group Awarded Six Contracts to Supply Powder Metal Forged Connecting Rods

PLYMOUTH, Mich., Aug. 13 -- Metaldyne, an Asahi Tec company, today announced it has been awarded more than $50 million in contracts from multiple automakers to supply powder metal forged connecting rods for 4- and 6-cyl. engines used globally in 2009 and 2010 cars, crossover vehicles and minivans. The award includes a ... Continue reading

Commercial Vehicle Group Announces the Appointment of a New Member of Its Board of Directors

Commercial Vehicle Group Announces the Appointment of a New Member of Its Board of Directors

NEW ALBANY, Ohio, Aug. 13 -- Commercial Vehicle Group, Inc. today announced the appointment of John W. (Jack) Kessler as a member of its Board of Directors. Mr. Kessler has also been appointed by the Board to serve on its Nominating and Corporate Governance Committee and the Compensation Committee. Mr. Kessler has been ... Continue reading

SCCA, SPS Launch New Merchandise Web Site

SCCA, SPS Launch New Merchandise Web Site

TOPEKA, Kan. (Aug. 13, 2008) – Sports Car Club of America, Inc. and SPS, LLC announced today a formal agreement naming SPS as national merchandise partner as well as the launch of sccagear.com, the official source for SCCA-related merchandise and apparel. As part of an agreement, SPS will develop SCCA-branded and ... Continue reading

OLD AND NEW UNITE AT DARLINGTON RACEWAY: SOUTHERN 500 RETURNS

OLD AND NEW UNITE AT DARLINGTON RACEWAY: SOUTHERN 500 RETURNS

DARLINGTON, S.C. (Aug. 13, 2008) – Old and new traditions will unite during the 60th season of racing at Darlington Raceway when the Southern 500 name returns to the track “Too Tough to Tame” on Mother’s Day weekend in 2009, track president Chris Browning announced today. In 2009 the annual NASCAR S ... Continue reading

INDYCAR SERIES NOTES

INDYCAR SERIES NOTES

1. In Case You Missed It: Dillon Battistini, Graham Rahal and Roger Bailey teleconference: IndyCar Series driver Graham Rahal, Firestone Indy Lights driver Dillon Battistini and Firestone Indy Lights Executive Director Roger Bailey were guests on today’s Indy Racing League teleconference. Background on Graham Raha ... Continue reading

Thailand's top new and used car dealer ships 2009 Toyota Fortuner in one day of shipment

Thailand's top new and used car dealer ships 2009 Toyota Fortuner in one day of shipment

*Press Release* *For Immediate Release* *Date: *August 13, 2008 *Contact:* Sam Quraishi *Mobile:* +66.86.677.5701 *Email:* sonivigo@gmail.com *Soni Motors Thailand - Thailand's Oldest and Largest Car Exporter - once again becomes the first Thai auto exporter to ship 2009 Toyota Fortuner* * * *Summary:* Thailand's top 4 ... Continue reading

Hickok Incorporated Reports Third Quarter and Nine Month Results

Hickok Incorporated Reports Third Quarter and Nine Month Results

CLEVELAND, OH, Aug. 13 -- Hickok Incorporated (OTC Bulletin Board: HICKA.OB), a Cleveland based supplier of products and services for automotive, emissions testing, locomotive, and aircraft industries, today reported results for the third quarter and nine months ended June 30, 2008. For the quarter ended June 30, 2008, ... Continue reading

Hydrogen Cars on U.S. Tour Fill-It-Up at Air Products' New Hydrogen Fueling Station

Hydrogen Cars on U.S. Tour Fill-It-Up at Air Products' New Hydrogen Fueling Station

LEHIGH VALLEY, Pa., Aug. 13 -- Air Products new hydrogen fueling station at its Allentown, Pennsylvania headquarters today filled the hydrogen fuel cell vehicles of several automakers making their way across the country as part of a tour designed to demonstrate that hydrogen vehicle and fueling technologies are approac ... Continue reading

MISCOR Group Reports an Increase in Revenues and Net Income in the Second Quarter

MISCOR Group Reports an Increase in Revenues and Net Income in the Second Quarter

Increased Service Revenues and Acquisitions Drive Strong Growth SOUTH BEND, Ind., Aug. 13 -- Industrial services provider MISCOR Group, Ltd. (BULLETIN BOARD: MIGL) reported record results for the second quarter ended June 29, 2008, highlighted by strong product sales growth and an increase in service revenues. MISCOR n ... Continue reading

China Premium Lifestyle Enterprise, Inc. Reports Positive Fiscal Second Quarter Results

China Premium Lifestyle Enterprise, Inc. Reports Positive Fiscal Second Quarter Results

Company Reports Profit on Year over Year Quarterly Revenues Growth of 24% HONG KONG, Aug. 13 -- China Premium Lifestyle Enterprise, Inc. (BULLETIN BOARD: CPLY) today reported its 2008 fiscal second quarter results for the quarter ended June 30, 2008. For the quarter ended June 30, 2008, the Company reported net sales i ... Continue reading

General Dynamics Awarded $37 Million Contract for Reactive Armor Production

General Dynamics Awarded $37 Million Contract for Reactive Armor Production

CHARLOTTE, N.C., Aug. 13 -- The U.S. Army Armament Research, Development and Engineering Center (ARDEC), in Picatinny, N.J., has awarded General Dynamics Armament and Technical Products a $37 million contract for the qualification and production of reactive armor side skirt tiles for the Bradley Fighting Vehicle System ... Continue reading

Automotive Customer Loyalty Drops Nearly 10 Percentage Points in 10 Years, According to Experian Automotive Data

Automotive Customer Loyalty Drops Nearly 10 Percentage Points in 10 Years, According to Experian Automotive Data

Inability to retain customers costs automakers billions COSTA MESA, Calif., Aug. 13 -- Automotive customer loyalty at the manufacturer level has dropped by 9.2 percentage points, from 49.1 percent in 1998, to 39.9 percent in 2008. This is costing some automakers more than $3 billion in annual sales, according to Scott ... Continue reading

GM Says 'Significant' Interest In Asset Sales

GM Says 'Significant' Interest In Asset Sales

RAYONG, Thailand -- According to Reuters, General Motors Chairman Rick Wagoner said today he was seeing "significant interest" in the company's plan to sell up to $4 billion in assets. "Frankly, we are getting some significant interest in our asset sales, including Hummer, but probably it won't be concluded imminently, ... Continue reading

ARPROR seating significantly reduces Body-in-White complexity across platforms

ARPROR seating significantly reduces Body-in-White complexity across platforms

ARPRO(r) seating significantly reduces Body-in-White complexity across platforms High strength expanded polypropylene in seat gives greater design flexibility, fewer body-in-white variables and significant weight saving A new anti-submarining seat using ARPRO expanded polypropylene is simplifying vehicle construction, ... Continue reading

Beckman On Precarious Perch Heading Into Reading

Beckman On Precarious Perch Heading Into Reading

DON SCHUMACHER RACING 2008 NHRA POWERade DRAG RACING SERIES Round 17 of 24 24th annual NHRA Nationals Maple Grove Raceway Mohnton, Pa. Aug. 15-17, 2008 FOR IMMEDIATE RELEASE Contact: Judy Stropus, 203-438-0501; cell 203-243-2438; jstropus@earthlink.net BECKMAN ON PRECARIOUS PERCH HEADING INTO READING NORTH HILLS, Calif ... Continue reading

Chrysler LLC Invests in New Products and Future Production at its Jefferson North Assembly Plant in Detroit

Chrysler LLC Invests in New Products and Future Production at its Jefferson North Assembly Plant in Detroit

- Plant investment for newly designed body shop, upgrades to paint, assembly areas - New generation of world-class vehicles to be built in Detroit - Extensive green initiatives, while adding greater manufacturing flexibility and capability - Chrysler maintains its position as a leading employer in Detroit and Michigan ... Continue reading

Hard Rock Hotel & Casino Proposal to Generate Over $350 Million in Annual Economic Benefit to Kansas

Hard Rock Hotel & Casino Proposal to Generate Over $350 Million in Annual Economic Benefit to Kansas

Potential for Second NASCAR Sprint Cup Series Date at Kansas Speedway KANSAS CITY, Kan., Aug. 13 -- Kansas Speedway and The Cordish Company's (Kansas Entertainment LLC) proposed 1.5 million square-foot, Hard Rock Hotel & Casino will include a 300-room luxury hotel; a state-of-the-art casino with 3,000 slot machines and ... Continue reading

FIRESTONE INDY LIGHTS SCHEDULE TO FEATURE 15 RACES IN 2009

FIRESTONE INDY LIGHTS SCHEDULE TO FEATURE 15 RACES IN 2009

Three new venues join 11 returning tracks on developmental series' slate INDIANAPOLIS, Wednesday, Aug. 13, 2008 – The Firestone Indy Lights will again offer one of the most diverse schedules in motorsports in 2009, with 15 races divided among seven ovals, four temporary street circuits, and three permanent road co ... Continue reading

Dalziel Confirmed as Rangers Superleague Formula Driver

Dalziel Confirmed as Rangers Superleague Formula Driver

Glasgow, Scotland (August 13, 2008) – Scotland’s Ryan Dalziel will spearhead Rangers attack on the inaugural Superleague Formula championship having been confirmed as the club’s official race driver today. The 26-year-old Lanarkshire ace will debut the Rangers-liveried Superleague Formula car at the open ... Continue reading

Tony Stewart Racing, Kinser Return to Upper Midwest

Tony Stewart Racing, Kinser Return to Upper Midwest

INDIANAPOLIS (Aug. 13 2008) – With the pressure cooker that is the Knoxville (Iowa) Nationals behind him, Tony Stewart Racing’s (TSR) Kraig Kinser is looking forward to getting back to a regular routine. Kinser returned to action on Tuesday night behind the wheel of the TSR No. 20 Bass Pro Shops/Chevy/JD Byri ... Continue reading

Harker - Meyer Team Races To Career Best Time

Harker - Meyer Team Races To Career Best Time

Brainerd, MN. – Australian NHRA Top Alcohol Dragster driver, Diana Harker drove the Randy Meyer Racing / Lend America A/Fuel Dragster to a career best elapse time at this past weekend’s Lucas Oil NHRA Nationals presented at Brainerd International Raceway. Harker came out strong in qualifying to record a 5.42 ... Continue reading

Startech Environmental Receives Its Hydrogen Engine for Carbonless Electric Power Demonstrations

Startech Environmental Receives Its Hydrogen Engine for Carbonless Electric Power Demonstrations

Startech Hydrogen from Processing Waste to Produce Stationary Carbonless Electrical Power WILTON, Conn., Aug. 13 -- Startech Environmental Corp. (BULLETIN BOARD: STHK) , a fully reporting, internationally recognized Award-winning Environment and Energy company, announced that it has received its hydrogen engine that is ... Continue reading

Pointer Reveals Continuous, Consecutive Growth in Revenues and Profits Raises 2008 Guidance: Revenue to $76M From $65M and Operating Profit to $8M From $6M

Pointer Reveals Continuous, Consecutive Growth in Revenues and Profits Raises 2008 Guidance: Revenue to $76M From $65M and Operating Profit to $8M From $6M

Record Revenue: Increased 64.5% to $37.9M in the First Six Months of 2008 From $23M in the First Six Months of 2007 Non-GAAP Net Income was $4.2M in the First Six Months of 2008 Compared to $0.6M in the First Six Months of 2007 EBITDA: Increased 107% to $8M in the First Six Months of 2008 From $3.9M in the First Six Mo ... Continue reading

SORL Auto Parts Reports Second Quarter of 2008 Financial Results

SORL Auto Parts Reports Second Quarter of 2008 Financial Results

Revenue Grows 45% and Net Income Grows 15% Second Quarter Financial Highlights: -- Revenue increased 44.5% year-over-year to $42.2 million -- Gross profit margin increased to 27.0% compared with 21.8% a year ago -- Net income increased 15% to $4.7 million ZHEJIANG, China, Aug. 13 /Xinhua-PRNewswire-FirstCall/ -- SORL A ... Continue reading

Combined Technologies From Continental and Mobileye Support the New Speed Limit Information of the New BMW 7 Series

Combined Technologies From Continental and Mobileye Support the New Speed Limit Information of the New BMW 7 Series

Continental's Latest Multifunctional Camera System For BMW is Using Algorithm and EyeQ1 System-on-Chip Technology From Mobileye FRANKFURT AM MAIN, Germany and JERUSALEM, Israel, August 13 -- The new BMW 7 Series offers a new advanced driver assistance system developed by BMW and Continental. Now, for the first time thr ... Continue reading

Pricing for All-new 2009 Dodge Ram 1500 to Start at $22,170

Pricing for All-new 2009 Dodge Ram 1500 to Start at $22,170

All-new Ram offers more game-changing content, lower price AUBURN HILLS, Mich., Aug. 13 -- -- All-new 2009 Dodge Ram priced at $22,170 for regular cab, $26,225 for Quad Cab(R) and $32,530 for Ram Crew 1500 (all prices include $900 for destination) -- Segment-first features: solid axle, coil spring, multi-link rear susp ... Continue reading

Ford's Global Product Plan to Drive Increased Small Car Profits; New Team to Bolster Vehicle Connectivity

Ford's Global Product Plan to Drive Increased Small Car Profits; New Team to Bolster Vehicle Connectivity

- Ford's upcoming new Focus in North America and other small car derivatives built off a new global C-car platform will deliver a double-digit percentage profit improvement compared with the company's current North American Focus - "One Ford" global product plan to increase parts commonality between the European and No ... Continue reading

Seat's Suite of Scorching September Offers

Seat's Suite of Scorching September Offers

Sporty Spanish brand SEAT is shrugging off the cooling effects of the credit crunch as it gears up for a sizzling September. Buoyed by the recent launch of its most important new model of recent times, the all-new SEAT Ibiza 5dr, the firm is looking to buck the industry sales trend and make the imminent change to the ' ... Continue reading

56 Versatile Citroen Commercial Vehicles Boost Trafford's Team

56 Versatile Citroen Commercial Vehicles Boost Trafford's Team

Trafford Council in Manchester is now taking delivery of 56 new Citroën commercial vehicles, which have been supplied as part of a 10-year contract with local authority fleet management specialist provider, TransLinc. The vehicles include 28 Citroën Relay 3.5 tonne tippers, four Relay minibuses, five Dispatch Combis ... Continue reading

Carillion Awards Remarketing Contract To Manheim Auctions

Carillion Awards Remarketing Contract To Manheim Auctions

Carillion plc, one of the UK's leading support services and construction companies, has awarded a contract to Manheim Auctions for the remarketing of its fleet of 18,000 vehicles, one third of which are cars and two thirds are commercial vehicles. Manheim Auctions will be responsible for the remarketing of 70% of the C ... Continue reading

Mazda Celebrates The 'Heroes' of The Mazda London Triathlon

Mazda Celebrates The 'Heroes' of The Mazda London Triathlon

Mazda Motors UK today announced that its first year as headline sponsor of the London Triathlon, the world's largest swim-bike-run event, has been a huge success. This year's event, held on 9 and 10 August at ExCeL in London's Royal Victoria Dock, was bigger than ever with over 13,000 competitors. ... Continue reading

Lexus SUV Sales Soar in the UK As Rivals Stall

Lexus SUV Sales Soar in the UK As Rivals Stall

The RX 400h is winning over ever more customers with sales up by almost 28 per cent in July compared to the same month last year. That growth stands in stark contrast to the fortunes of rival luxury brands, which suffered an average decline of 30 per cent in SUV sales. ... Continue reading

BMW Hydrogen 7 Hits the Road

BMW Hydrogen 7 Hits the Road

The BMW Hydrogen 7 - the first hydrogen-powered luxury sedan - is hitting the road in an unprecedented cross-country journey. The car, which emits water safe enough to drink, will join other hydrogen-powered cars from the world'217;s leading automakers in the 2008 Hydrogen Road Tour. ... Continue reading

Brian Redman Named Grand Marshal and Honored Guest at U.S. Vintage Grand Prix

Brian Redman Named Grand Marshal and Honored Guest at U.S. Vintage Grand Prix

BRIAN REDMAN NAMED GRAND MARSHAL & HONORED GUEST Redman, F-5000, Triumph, and the 50th Anniversary of Lola Will Be Honored During the U.S. Vintage Grand Prix Watkins Glen, NY (August 13, 2008) - Brian Redman, one of the most accomplished drivers to compete at Watkins Glen International, will be the honored guest for th ... Continue reading

World-Class Automotive Executive Team Joins Norwegian Electric Car Producer Think

World-Class Automotive Executive Team Joins Norwegian Electric Car Producer Think

Norwegian electric vehicle manufacturer Think Global has appointed Ford Motor Company executive Richard Canny as its President and Chief Operating Officer. ... Continue reading

Setra Attains Record Market Share in Turkey

Setra Attains Record Market Share in Turkey

Setra Buses, a Daimler AG brand, will attain a record-setting market share of nearly ten percent in Turkey this year. By selling more than 100 units in 2008, Setra will significantly exceed its average six percent market share of the last few years. The unit sales figure includes 30 double-decker S 431 DT touring coach ... Continue reading

MG General Manager to Resign from SAIC

MG General Manager to Resign from SAIC

MG general manager to resign from SAIC http://www.gasgoo.com/auto-news/7408/MG-general-manager-to-resign-from- SAIC. html Shanghai, August 13 (Gasgoo.com) The former MG general manager Zhang Xin submitted his letter of resignation to SAIC on July 22, reported 21st Century Business Herald. If approved to leave, he will ... Continue reading

Spyker C8 Aileron on display at Pebble Beach Concours d'Elegance

Spyker C8 Aileron on display at Pebble Beach Concours d'Elegance

Spyker Cars N.V., manufacturer of exclusive premium sports cars, is again present at the Pebble Beach Concours d'Elegance in Carmel, California, USA, from Wednesday August 13, until Sunday August 17, 2008. Spyker has attended this event since its rebirth in 2000 and is present for the eighth consecutive time. ... Continue reading

Sanoma Men's Magazines Acquires Auto Trader

Sanoma Men's Magazines Acquires Auto Trader

Sanoma Men's Magazines, part of Sanoma Magazines' Dutch operations Sanoma Uitgevers has acquired the shares of European Auto Trader B.V. European Auto Trader is the publisher of the magazines Auto Trader, Classic Trader, Motor Trader, Transport Trader and Caravan & Camper Trader in the Benelux region. Its online site A ... Continue reading

New Route Added to 2008 Pebble Beach Tour d'Elegance for Antique Cars - VIDEO ENHANCED

New Route Added to 2008 Pebble Beach Tour d'Elegance for Antique Cars - VIDEO ENHANCED

14 Antique vehicles begin in the Del Monte Forest and trace portions of 17-Mile Drive, then cruise along the coastline to 237-year-old Carmel Mission PEBBLE BEACH, CA - August 12, 2008: In 1771, when Father Junipero Serra founded the Carmel Mission, it was a sanctuary for his followers. Two hundred thirty-seven years l ... Continue reading

Legendary Phantom Corsair to Make Rare Appearance at 2009 Amelia Island Concours d' Elegance

Legendary Phantom Corsair to Make Rare Appearance at 2009 Amelia Island Concours d' Elegance

Legendary phantom corsair to make rare appearance at 2009 Amelia Island Concours D' ELEGANCE Rare Concept Car to be Centerpiece when California Coachbuilder Bohman & Schwartz is honored March 13-15 JACKSONVILLE, FL (August 12, 2008) - In the late 1930s, Rust Heinz of the H.J. Heinz family food empire sat down to design ... Continue reading

1996 Lamborghini Zagato Raptor at Blackhawk Exposition Sale

1996 Lamborghini Zagato Raptor at Blackhawk Exposition Sale

Following on in Zagato's long tradition of memorable show cars, the Raptor is no mere dream car, but a thoroughly practical and feasible production proposition. The Zagato Styling Centre (SZ Design) has developed the Raptor in order to ensure it could be built as a limited series. From the innovative tubular and box-se ... Continue reading

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