Oil spikes nearly 16% on banking rescue plan
LONDON, UK. Sept 22, 2008 - According to Reuters, Oil prices today soared nearly 16 percent to over $120 a barrel -- the biggest one-day gain on record -- in a rally sparked by the expiry of the front-month futures contract and weakness in the U.S. dollar. The gains extend oil's climb from a low near $90 last week afte ... Continue reading
BMW to Cut Volume and Jobs in U.S.
WOODCLIFF LAKE, N.J. Sept. 22, 2008 â According to Automotive New's Diana Kurylko, BMW's new North American chief wants to stop pushing for maximum sales volume in a declining market â even if it means bringing 16 years of U.S. sales increases to a halt. BMW Group's U.S. operations will not take 44,000 new BM ... Continue reading
New Renault Symbol: Renault Symbol Eco-C Gets 74.67 MPG (3.15 litres/100km)
Renault's commitment to the development of ecological, economical cars for markets across the world has led to low running costs being built into New Renault Symbol's DNA. This was showcased particularly eloquently by the recent Renault Symbol Eco-Challenge in Turkey which saw New Renault Symbol 1.5 dCi 85 return fuel ... Continue reading
Ford Fiesta Diesel, the 65 MPG Car the U.S. Can't Have
by David Kiley Friday, September 19, 2008 provided by If ever there was a car made for the times, this would seem to be it: a sporty subcompact that seats five, offers a navigation system, and gets a whopping 65 miles to the gallon. Oh yes, and the car is made by Ford Motor, known widely for lumbering gas hogs. The ECO ... Continue reading
Safe Kids USA Unveils Vehicle Safety Program for Preteens
Research shows families understand safe behavior but don't always practice what they preach WASHINGTON, Sept. 22 /PRNewswire-USNewswire/ -- Safe Kids USA is unveiling a new vehicle safety program for preteens called the Safest Generation during Child Passenger Safety Week, Sept. 21 to 27. The program, available in loca ... Continue reading
The Chrysler Foundation Announces $200,000 Donation in Food and Supplies to the Houston Food Bank
-- Local Dodge dealers drive 50 new 2008 Dodge Ram pickup trucks in a hurricane-relief convoy -- The $200,000 is used to provide food and supplies to victims of Hurricane Ike -- The Chrysler Foundation, Chrysler LLC Southwest Business Center and local dealers present the Houston Food Bank with three new 2008 Dodge Ram ... Continue reading
Ferro and Nanofilm Form Partnership for Sales of Nano-Coatings into Glass and Ceramic Industries
CLEVELAND--Ferro Corporation and Nanofilm today announced that they have reached an agreement whereby Ferro will market Nanofilmâs unique range of nano-coatings to the global glass and ceramic markets. This new relationship combines Ferroâs extensive sales network and leading performance materials supplier po ... Continue reading
General Automotive Announces $2 Million Credit Line from Presidential Financial Corporation
ORLANDO, Fla.--General Automotive Company (OTCBB:GNAU), a North American provider of parts, accessories and advanced technology for the automotive industry, is pleased to announce that OE Source, a wholly owned subsidiary of the Company, has obtained a revolving credit line from Presidential Financial Corporation in th ... Continue reading
Force Protection, Inc. Receives Nasdaq Extension for Continued Listing until September 30, 2008
LADSON, S.C.--Force Protection, Inc. today announced it received an extension from the Nasdaq Listing Qualifications Panel to file its Quarterly Reports on Form 10-Q for the first and second quarters of 2008 on or before September 30, 2008. The Company stated that it intends to file separate amended Quarterly Reports o ... Continue reading
Linear Technology Product Eases Design of Hybrid Vehicle Battery Systems
MILPITAS, Calif.--A new, highly integrated battery stack monitor from Linear Technology Corporation significantly eases the design of battery monitoring systems for hybrid electric vehicles, electric vehicles and a range of battery backup systems. The new product unveiled today, the LTC6802 Battery Stack Monitor, is a ... Continue reading
Strategy Analytics: Consumer Bluetooth Interest Robust
BOSTON--The latest Strategy Analytics report on buyer behavior, âInterest in Owning a Bluetooth Headset is Up but Users Only Willing to Pay $50,â looks at consumer interest in purchasing both mono and stereo Bluetooth headsets in the US and Western Europe. Strategy Analytics Wireless Device Lab survey data sh ... Continue reading
AUBURN HILLS, Mich.--Octillion Corp. (OTCBB: OCTL), a next-generation alternative and renewable energy technology incubator, today announced the appointment of Mr. Meetesh V. Patel, Esq. to the Companyâs Board of Directors, and as the new President of Kinetic Power Corp., a recently formed wholly-owned subsidiary ... Continue reading
Children in Crashes Are Better Protected Than Ever
Association of International Automobile Manufacturers (R), The Children's Hospital of Philadelphia release decade-long child passenger safety report PHILADELPHIA, Sept. 22 /PRNewswire-USNewswire/ -- Child restraint use is higher than ever, according to a report released today by The Children's Hospital of Philadelphia ... Continue reading
Schreiner ProTech Applies Innovative Laser Sealing Technology to Production of Airbag Covers
SOUTHFIELD, Mich.--Schreiner ProTech today announced it is applying a revolutionary laser technology-based manufacturing process to the production of automotive airbag wraps, improving airbag reliability and production efficiency. To ensure the reliable deployment of side and head airbags in case of an accident, even y ... Continue reading
CarMax Reports Second Quarter Results
RICHMOND, Va.--CarMax, Inc. today reported results for the second quarter ended August 31, 2008. -- Total sales decreased 13% to $1.84 billion from $2.12 billion in the second quarter of last year. -- Comparable store used unit sales declined 17% for the quarter. -- Total used unit sales decreased 7% in the second quar ... Continue reading
Reaction Design Launches ENERGICO
SAN DIEGO--Reaction Design, the clean technology chemistry leader, today announced the release of ENERGICOâ¢, a revolutionary new simulation package for the gas turbine industry that uses the power of detailed chemistry to accurately model combustion in a virtual environment. By using ENERGICO to model and test new ... Continue reading
DENVER & AUBURN HILLS, Mich.--Intermap Technologies, a leading 3D digital mapping company, today announced they have opened a Detroit-area office to support and accelerate advanced automotive technologies in the industry. The new office expands the Companyâs commitment to the industry beyond its Munich, Germany of ... Continue reading
Maserati At Goodwood Revival 2008
Maserati GB were once again present at the tenth anniversary running of the Goodwood Revival meeting, this year celebrating 60 years of the Goodwood Motor Circuit in front of a record-breaking crowd of 124,000 spectators over the course of the weekend. ... Continue reading
Featuring sleek luxury in design and polished perfection in technology, Bentley's new partnership with Stockinger Safety First Class exemplifies a singular level of commitment to engineering and craftsmanship. ... Continue reading
Piaggio Commercial Vehicles will be exhibiting at the Post-Expo show to be held at ExCel in London, an international show held for the postal, parcel and courier industry. Piaggio Commercial Vehicles will form part of the Piaggio Group stand and will be displaying a zero emission Piaggio Porter electric van. ... Continue reading
SAIC opens 150,000-unit plant with Roewe 550
SAIC opens 150,000-unit plant with Roewe 550 http://www.gasgoo.com/auto-news/1007821/SAIC-opens-150-000-unit-plant-w ith-R oewe-550.html Shanghai, September 22 (Gasgoo.com) Shanghai Automotive Industry Corporation Group (SAIC)'s new 150,000-unit production facility in Shanghai went into operation last Friday, with the ... Continue reading
Lifan Motorcycle Says It's Not Affected by Lehman Bankruptcy
Lifan says not affected by Lehman bankruptcy http://www.gasgoo.com/auto-news/1007822/Lifan-says-not-affected-by-Lehm an-ba nkruptcy.html Shanghai, September 22 (Gasgoo.com) Chongqing Lifan Group, China's largest motorcycle maker, says its operations and IPO plan will not affected by the Lehman Brothers bankruptcy in th ... Continue reading
China works with Canada on hydrogen fuel cell tech
China works with Canada on hydrogen fuel cell tech http://www.gasgoo.com/auto-news/1007827/China-works-with-Canada-on-hydr ogen- fuel-cell-tech.html Shanghai, September 22 (Gasgoo.com) China¡¯s Ministry of Science and Technology (MOST) has recently signed a memorandum of understanding (MOU) of four-year validation on ... Continue reading
Peugeot 207 Van Available In a Range of New Colours
The Peugeot 207 Van, first launched in the UK in September 2007, can now be ordered in five new exciting exterior colours. ... Continue reading
Used-Vehicle Pricing in Volatile Wholesale Market
In todayâs volatile wholesale market, dealers need more information and tools for assessing used-vehicle values to sustain and drive profitability. Increasing gas prices are driving many customers away from new-car purchases and structurally changing the vehicle pricing mix. The result is a more complex trade-in e ... Continue reading
Comprehensive Industry Report Details U.S. New Car Dealers
DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/research/727969/2008_u_s_new_car) has announced the addition of the "2008 U.S. New Car Dealers Industry Report" report to their offering. The New Car Dealers Industry report features 2008 current and 2009 forecast estimates on the size of the indu ... Continue reading
TMW Systems Formally Launches TMT ServiceCenter
ORLANDO, Fla.--Assisting retail repair and maintenance service centers across North America to improve operations and win profitable fleet business, TMW Systems, Inc., today announced the availability of TMT ServiceCenter. The software is designed to support service centers performing both contracted outsourced fleet m ... Continue reading
Personnel Changes in Continental AG's Passenger and Light Truck Tires Division
On 1 September, Nikolai Setzer (37) took over management of the replacement passenger and light truck tire market for Europe and Africa. He is also responsible for worldwide marketing of the Passenger and Light Truck Tire division. ... Continue reading
Philippe Bourguignon Joins Zipcar Board of Directors
Former CEO of Euro Disney and Club Med Joins Zipcar At Time of Unprecedented Membership Growth CAMBRIDGE, Mass., Sept. 22 -- Zipcar, the world's largest provider of cars on demand by the hour or day, announced today that Philippe Bourguignon, international business leader and market visionary, will join Zipcar's Board ... Continue reading
International Speedway Corporation to Host 2008 Third Quarter Results Conference Call
DAYTONA BEACH, Fla., Sept. 22 -- International Speedway Corporation (OTC:ISCB) (BULLETIN BOARD: ISCB) ("ISC") will host a conference call to discuss the Company's fiscal 2008 third quarter financial results on Thursday, October 9, 2008 at 9:00 a.m. Eastern Time. To participate, dial (888) 694-4641 five to ten minutes p ... Continue reading
GM Holden Ltd and the ACCC have agreed to settle the ACCC's legal action regarding an advertisement for Saab's carbon offset program which was published last year. ... Continue reading
Celerant Manufacturing Executive Cites Biggest Opportunities/Challenges for Sector in 2009
LEXINGTON, Mass., Sept. 22 -- Celerant's new Manufacturing vice president, Mitch Schrudder, sees manufacturing sector growth in 2009 stemming from several areas, specifically: -- continued market consolidation and acquisition activity, -- increased global competitiveness, and -- new in-shoring of critical professional ... Continue reading
Valeo presents Safe4U, Its New Front End Module With Improved Pedestrian Protection
Made of energy-absorbing materials such as malleable steel, its architecture optimizes the passive protection of the vehicle's occupants and pedestrians, and allows automakers to meet the new European Pedestrian Impact Phase 2 standard, which comes into force in 2010. ... Continue reading
Continental Reduces Fuel Consumption with Intelligent Use of Navigation Data
At the 62nd IAA Commercial Vehicles 2008, the international automotive supplier Continental is premiering its concept for a control unit that provides other vehicle systems with a digital map preview. The eHorizon (for electronic horizon) constantly sends small data packages via the vehicles data network (CAN bus). The ... Continue reading
Bentley is pleased to announce an exclusive partnership between Ego Lifestyle and Bentley Motors resulting in a limited edition luxury notebook, known as "Ego for Bentley". No more than 250 pieces will be retailed globally in high-end stores from autumn 2008. ... Continue reading
Re-capturing the Myth Lorinser Reveals Its Re-Interpretation of the Latest SL
As early as back in the Fifties, a major car magazine wrote: "The Mercedes SL is the most cultivated and at the same time most fascinating among the sports cars of our time". With the most recent facelift from Stuttgart, the myth is more alive than ever. Sportservice Lorinser has reset the jewel among sports cars: the ... Continue reading
Northumbria Police Put Vauxhall Astra On Trial
A comprehensive comparative trial is underway at Northumbria Police of the Vauxhall Astra as a beat car following delivery of 56 supplied to full police specification. The Astra is one of two models currently listed within the Police National Framework for the beat car role. ... Continue reading
Is Your Vehicle Child Proofed?
AAA OFFERS 10 WAYS TO KEEP CHILDREN SAFE IN VEHICLES ORLANDO, Fla., Sept. 22 Most parents know it's important to child proof their home. However, AAA reminds parents, grandparents and other caretakers that child proofing their vehicles is equally important. As a kick-off to National Child Passenger Safety Week, AAA off ... Continue reading
Oregon Energy Experts Visit Holywell Park, University of Loughborough
Oregon energy experts visit Holywell Park, University of Loughborough Loughborough, 22 September 2008 - Energy experts from the US State of Oregon have visited Holywell Park to exchange innovative ideas and share best practice on driving forward the low carbon economy during a day of meetings with energy companies orga ... Continue reading
Pep Boys Names Michael R. Odell Permanent Chief Executive Officer
PHILADELPHIA--The Pep Boys â Manny, Moe & Jack , the nation's leading automotive aftermarket retail and service chain, today appointed Michael R. Odell Chief Executive Officer. Mr. Odell had been serving as the Companyâs Interim Chief Executive Officer since April 23, 2008. Mr. Odell also serves on the Board ... Continue reading
Mazda to Launch MPV and Roadstar in China
SHANGHAI - September 22, 2008: Mazda has announced plans to launch new passenger car models successively in China. Besides the MPV and sports Roadstar, the company also plans to restart production of hot-selling models in its Nanjing small car factory which is cutting production now, autosina.com said yesterday. August ... Continue reading
Blue&Me: 500,000th car delivered
This is a day that will go down in history for Blue&Me by Fiat Group Automobiles: a Fiat 500 was sold today that was fitted with the 500,000th unit of the system that has changed the paradigms of personal in-car communication, information and entertainment. ... Continue reading
All-New Eco Watch Study From Kelley Blue Book Marketing Research Tracks, Trends Shoppers' Opinions
New-Vehicle Shoppers' Environmental Concerns Influence Purchase Decisions, Perceptions of Auto Brands, Alternative-Fuel-Related Technologies IRVINE, Calif., Sept. 22 -- According to Kelley Blue Book (http://www.kbb.com/) Marketing Research's all-new Eco Watch study, in-market new-vehicle shoppers are not only increasin ... Continue reading
Runner-up finish lifts Coughlin into championship lead
DALLAS, TX. Sept. 21, 2008 - When the 2008 POWERade title is handed out at the end of the season, this Sunday's race at the Texas Motorplex could very well be the one defending series champ Jeg Coughlin Jr. points to as the most critical of them all. After watching championship contenders Greg Anderson and Jason Line i ... Continue reading
Your Gateway to the Automotive World of China
Book your Booth(s) / Space now and be a part of the prestigious : CHINA INTERNATIONAL AUTO PARTS EXPO 2008 From : November 12 ~ 15, 2008 @ China International Exhibition Center, Beijing A perfect gateway for you to China and the World To promote the international exchange and cooperation of the automobile industry, the ... Continue reading
WASHINGTON, DC - September 22, 2008: It will come as a shock to most Americans and the media, but as the election reaches a crescendo on the issue of preparedness and energy, neither candidateânor local, state or federal governmentâhas developed a contingency plan in the event of an oil cut-off. It is not eve ... Continue reading
Chrysler Financial Selects Trintech's AssureNET
DALLAS and DUBLIN, Ireland, Sept. 22 -- Trintech Group Plc , a leading global provider of integrated financial governance, transaction risk management, and compliance solutions, today announced that Chrysler Financial has selected AssureNET GL to automate the review, approval, and status tracking of account reconciliat ... Continue reading
Boone Casting on the Internet - VIDEO ENHANCED
DALLAS, TX - September 21, 2008: T. Boone Pickens has launched a new feature on his Pickens Plan website: regular video updates on his plan to help the U.S. get out from under foreign oil. The first episode can be watched by clicking PLAY below. New episodes will also be available on The Auto Channel or through the Pic ... Continue reading
Auberlen passes Wilson in Turn 1 on the race's final restart for team's first 2008 victory
Auberlen, Alhadeff Give Turner Motorsport Second Grand-Am KONI Challenge Series Win at Miller Motorsports Park TOOELE, Utah Sept. 21, 2008 - Bill Auberlen dived underneath Kris Wilson in Turn 1 on Lap 40 of Sunday's 44-lap Grand-Am KONI Challenge Series race and held on to give himself, co-driver Matthew Alhadeff and t ... Continue reading
Treble goes out early, Ellis advances to quarters
DON SCHUMACHER RACING 2008 NHRA POWERade DRAG RACING SERIES Round 14 of 17 for Pro Stock Motorcycle Round 2 of five in Countdown to 1 playoffs 23rd annual NHRA Fall Nationals Texas Motorplex Ennis, Texas Sept. 19-21, 2008 FOR IMMEDIATE RELEASE Contact: Bill Walters, 561-964-2195; cell 561-632-5713; plus320@aol.com SCHU ... Continue reading
Memorial service honors memory of the late Steve Engel
DALLAS, TX. Sept 21, 2008 - Family, friends, fans, and fellow racers gathered Saturday evening at the Racers For Christ tent at the Texas Motorplex to honor and remember Pro Mod racer Steve Engel, who passed away earlier this week as a result of the injuries he sustained in a crash during the recently completed 54th an ... Continue reading
Coughlin pleased with best outing of the Pro Mod season
DALLAS, TX. Sept. 21, 2008 - Troy Coughlin and his JEGS.com Chevrolet Camaro race team were pleased with their two-round excursion in JEGS ProMod Challenge action at the 23rd annual Super Start Batteries NHRA Nationals as it marked the group's best outing of 2008. After qualifying 13th with a 6.120 at 234.45 mph in jus ... Continue reading
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Vehicle manufacturers and alt fuels.
