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October 2008

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Tuesday, October 21, 2008

Plug In America Urges a No-Vote on California Proposition 10...But Wait There's Another Side to the Story!

Plug In America Urges a No-Vote on California Proposition 10...But Wait There's Another Side to the Story!

Measure Would Divert Resources from Truly Clean Vehicles OCTOBER 20, 2008--Plug In America opposes California’s Proposition 10. This so-called "California Renewable Energy and Clean Alternative Fuel Act" is a sham that would commit $10 billion in public money primarily to enrich natural gas investors such as its c ... Continue reading

NC Public Power Plug-In Hybrid Electric Vehicle on Display at NC State Fair

NC Public Power Plug-In Hybrid Electric Vehicle on Display at NC State Fair

RALEIGH, N.C., Oct. 21 /PRNewswire-USNewswire/ -- The new NC Public Power plug-in hybrid electric vehicle will be on display at the NC State Fair from October 20-24. The vehicle is included as part of the SMARTT Challenge mobile classroom exhibit. The NC Public Power plug-in hybrid electric vehicle debuted in mid-Septe ... Continue reading

HONDA RACING F1 - Chinese Grand Prix : Race Results

HONDA RACING F1 - Chinese Grand Prix : Race Results

The Honda Racing F1 Team's Rubens Barrichello and Jenson Button ended the Chinese Grand Prix in 11th and 16th positions respectively. Both drivers were on two-stop strategies and they raced well in hot and humid conditions. As was the case at Fuji Speedway last weekend, the Honda drivers made great starts. Rubens lined ... Continue reading

IRONMAN STEWART TO APPEAR AT SF CUSTOM SHOW

IRONMAN STEWART TO APPEAR AT SF CUSTOM SHOW

Ivan “Ironman” Stewart, winner of more offroad and stadium racing championships than any other driver in motorsports history, will appear to sign autographs, meet his many fans and show off his latest Toyota racing truck creations at the 9th Annual San Francisco Rod, Custom and Motorcycle Show, which runs Feb ... Continue reading

Details of Ford Motor Company's November 7 Briefing for Third Quarter 2008 Financial Results

Details of Ford Motor Company's November 7 Briefing for Third Quarter 2008 Financial Results

DEARBORN, Mich., Oct. 21 -- Ford Motor Company will release its third quarter financial results at 7 a.m. EST Friday, Nov. 7. The following briefings will be conducted after the announcement: At 9 a.m. EST, Alan Mulally, Ford president and chief executive officer, and Lewis Booth, executive vice president and chief fin ... Continue reading

Hella Energy Management Systems Increase Car Features, Fuel Economy

Hella Energy Management Systems Increase Car Features, Fuel Economy

DETROIT--Hella KGaA Hueck & Co., a global tier-one automotive supplier, knows that American consumers expect their fuel-efficient automobiles to be more than small “econo boxes.” Hella is showcasing several energy management technologies at Convergence 2008, Oct. 20-22 at Detroit’s Cobo Center, that addr ... Continue reading

GKN Marks Anniversary of China's First Auto Component JV

GKN Marks Anniversary of China's First Auto Component JV

SHANGHAI, China--GKN Driveline is celebrating the 20th anniversary of its joint venture with Shanghai Automotive Industry Corporation (SAIC). The first automotive industry component-manufacturing joint venture in China, Shanghai GKN Drive Shaft Company (SDS) was formed in 1988. Other Chinese partners in Shanghai GKN in ... Continue reading

A Look Back at the Inaugural Volkswagen Jetta TDI Cup Season

A Look Back at the Inaugural Volkswagen Jetta TDI Cup Season

TOPEKA, Kan. Oct. 21, 2008: As the inaugural SCCA Pro Racing Volkswagen Jetta TDI Cup season came to a close at Road Atlanta, during the prestigious Petit Le Mans event, it was clear the series had accomplished what it had set out to do; prepare talented young race drivers for a career in motorsports, while showcasing ... Continue reading

INDYCAR SERIES NOTES - October 21, 2008

INDYCAR SERIES NOTES - October 21, 2008

1. Australia offers unique opportunities: For the 24 IndyCar Series drivers competing in the Nikon Indy 300 Oct. 26 at Surfers Paradise, Australia, the race presents a unique opportunity. With no points at stake toward a championship, it’s a chance to end 2008 on a high note and get some early preparation in for t ... Continue reading

PENSKE RACE REPORT - October 20, 2008

PENSKE RACE REPORT - October 20, 2008

Penske Racing NASCAR Trio Suffers Tire Issues at Martinsville MARTINSVILLE, Va. - Tire issues plagued Penske Racing drivers Ryan Newman, Sam Hornish Jr. and Kurt Busch at Martinsville Speedway in Sunday's TUMS QuikPak 500 as the trio finished 23rd, 34th and 36th respectively. Inclement weather rained out qualifying at ... Continue reading

U.S. Auto Parts Network, Inc. to Report Third Quarter 2008 Financial Results on October 30, 2008

U.S. Auto Parts Network, Inc. to Report Third Quarter 2008 Financial Results on October 30, 2008

CARSON, Calif., Oct. 21 -- U.S. Auto Parts Network, Inc. announced today that it will report financial results for the third quarter ended September 30, 2008, on Thursday, October 30, 2008, after the market close. The Company will hold a conference call to discuss the results the same day. Participating in the call wil ... Continue reading

Leo Motors Signs a Major Contract with the Philippines Government to Supply $15 Million in Electric Vehicles

Leo Motors Signs a Major Contract with the Philippines Government to Supply $15 Million in Electric Vehicles

LAS VEGAS-- Headline of release dated October 21, 2008 should read: Leo Motors Signs a Major Contract with the Philippines Government to Supply $15 Million in Electric Vehicles, Parts and Batteries (sted Leo Motors Signs a Major Contract with the Philippines Government to Supply $5 Million in Electric Vehicles, Parts a ... Continue reading

Twin Disc, Inc. Declares Regular Quarterly Cash Dividend

Twin Disc, Inc. Declares Regular Quarterly Cash Dividend

RACINE, Wis.--Twin Disc, Inc. , announced today that the Board of Directors declared a regular quarterly cash dividend of $0.07 per share payable on December 1, 2008, to shareholders of record on November 14, 2008. Twin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equi ... Continue reading

KVH Reports Results for Third Quarter of 2008

KVH Reports Results for Third Quarter of 2008

Third quarter revenue of $15.7 million with net loss of $0.8 million or $0.06 per share MIDDLETOWN, R.I., Oct. 21 -- KVH Industries, Inc., today reported financial results for the quarter ended September 30, 2008. Revenue for the third quarter of 2008 was $15.7 million, down 10% from the quarter ended September 30, 200 ... Continue reading

Valeo: Third Quarter 2008 Results - Good Resistance in a Difficult Environment

Valeo: Third Quarter 2008 Results - Good Resistance in a Difficult Environment

PARIS, October 21 -- Following the meeting of its Board of Directors yesterday, Valeo presents its consolidated results for the third quarter 2008. In million euros 3rd quarter 9 months (Non audited) 2008 2007 change 2008 2007 change Total operating revenues 2,112 2,245 -5.9% 7,026 7,251 -3.1% Gross margin 315 340 -7.4 ... Continue reading

Dongfeng Nissan to launch electric cars by 2012

Dongfeng Nissan to launch electric cars by 2012

Dongfeng Nissan to launch electric cars by 2012 http://www.gasgoo.com/auto-news/1008108/Dongfeng-Nissan-to-launch-elect ric-c ars-by-2012.html Shanghai, October 21 (Gasgoo.com) The Renault-Nissan alliance is pushing forward its giant project of electric vehicles and the Nissan electric car is expected to be launched in ... Continue reading

Automakers say unlikely to meet '08 export targets

Automakers say unlikely to meet '08 export targets

Automakers say unlikely to meet '08 export targets http://www.gasgoo.com/auto-news/1008110/Automakers-say-unlikely-to-meet -08-e xport-targets.html Shanghai. October 21 (Gasgoo.com) The recent financial turmoil and economic slowdown in the global markets have made it hard for Chinese automakers to meet their export tar ... Continue reading

Dongfeng Honda to roll out own hatchback by 2010

Dongfeng Honda to roll out own hatchback by 2010

Dongfeng Honda to roll out own hatchback by 2010 http://www.gasgoo.com/auto-news/1008109/Dongfeng-Honda-to-roll-out-own- hatch back-by-2010.html Shanghai, October 21 (Gasgoo.com) Dongfeng Honda plans to independently develop a hatchback model by 2010, which will share the platform with the existing Civic sedan, xinhuan ... Continue reading

Flagship Hosts International Art Exhibition

Flagship Hosts International Art Exhibition

Fiat's London flagship site has been chosen as the venue for a top international art exhibition. The site, Wigmore Street-based Fiat Marylebone, was designed with art and fashion shows in mind as well as the ability to display cars, and has proved the perfect venue for this latest press preview and VIP reception of the ... Continue reading

Ford Model T Contest: The Only European University To Enter Wins The Worldwide Competition

Ford Model T Contest: The Only European University To Enter Wins The Worldwide Competition

A century after the Model T put the world on wheels, Ford Motor Company has announced the winners of a four-month competition that challenged five universities from around the world to create a revolutionary vehicle concept for the 21st century. ... Continue reading

International Study from Continental: French Open to Alternative Drive Systems

International Study from Continental: French Open to Alternative Drive Systems

Although very few French motorists (10.2%) know the hybrid drive as a fuel-saving drive system, 46.2% of them would be very likely to consider buying one - nearly 10% of which would most certainly buy such a vehicle. "Although in France at present the number of hybrid vehicles on the road is the lowest in the world, we ... Continue reading

Audi Selects Alcoa Wheel's Dura-Bright Technology For New A6

Audi Selects Alcoa Wheel's Dura-Bright Technology For New A6

Audi AG has selected Alcoa to supply forged aluminium wheels with Dura-Bright technology surface treatment for the new 2009 Audi A6 recently debuting at the Paris International Motor Show. ... Continue reading

Renault's Stunning Coupes Make Their UK Debut

Renault's Stunning Coupes Make Their UK Debut

Tonight, several weeks ahead of their official launch, the stunning new Renault Mégane Coupé and Laguna Coupé will make their UK debut in London at the exclusive French Chamber of Commerce Business Club Cocktail. ... Continue reading

Ricardo Launches New Software to Improve Vehicle Safety

Ricardo Launches New Software to Improve Vehicle Safety

Ricardo today announced the launch of AutoFMEATM (Failure Mode Effects Analysis), an engineering analysis tool designed to help ensure the safety and reliability of increasingly complex automotive systems and controls. Ricardo unveiled AutoFMEATM at the SAE Convergence Transportation Electronics Conference, underway in ... Continue reading

Nissan Announces Further Adjustments For Its European Manufacturing

Nissan Announces Further Adjustments For Its European Manufacturing

Today, Nissan in Europe announced its decision to further adjust its European manufacturing operations in order to manage volume, reduce existing inventory and prevent over supply to a weakening market. ... Continue reading

Valeo's Third Quarter 2008 Results: Good Resistance In A Difficult Environment

Valeo's Third Quarter 2008 Results: Good Resistance In A Difficult Environment

In a particularly difficult economic and financial environment, Valeo recorded in the third quarter a slight drop in sales in terms of value, although volumes were stable, while the reference automotive production was down by nearly 4%. Despite the decline in operating margin in the third quarter, sustained management ... Continue reading

Crossing 29 Mountain Passes In 22 Hours - The Seat Altea Freetrack Becomes King Of The Mountain

Crossing 29 Mountain Passes In 22 Hours - The Seat Altea Freetrack Becomes King Of The Mountain

953 kilometres and 29 mountain passes in Italy, Austria and Switzerland in only 22 hours is the magnificent feat achieved by the SEAT Altea freetrack on the gruelling mountain tour carried out last weekend by Tyrolean Gerhard Plattner and Austrian Franz Doppler. During the challenge, SEAT's all-roader demonstrated its ... Continue reading

Daimler Starts Mobility Concept For The City: car2go - As Easy As Using A Mobile Phone

Daimler Starts Mobility Concept For The City: car2go - As Easy As Using A Mobile Phone

With car2go, Daimler is launching a completely new mobility concept and is providing a future-oriented answer to increasing traffic volume in urban areas. "car2go is an intelligent and creative solution that provides a simple, flexible and value-for-money approach to mobility with environmentally-friendly vehicles" is ... Continue reading

Mileage Marathon Confirms Efficiency of Audi models

Mileage Marathon Confirms Efficiency of Audi models

The Audi Mileage Marathon, now completed, has provided convincing evidence of the efficiency of TDI engine technology. The fuel consumption of all 23 models in this 7,865-kilometer (4,887-mile) test was excellent. ... Continue reading

Economic Stress Got You Down? Here's Something to Soothe Away the Troubles - VIDEO FEATURE

Economic Stress Got You Down? Here's Something to Soothe Away the Troubles - VIDEO FEATURE

"LANGUEDOC France They say: 'This Cinderella of the south was once overshadowed by gorgeous Provence and the brash Côte d'Azur. Now, she stands as their equal, displaying a discreet charm that her more-visited siblings lost long ago." [Times Online 12 th October, 2008] Please find enclosed information on our current ... Continue reading

The World's First "Smart" Car Key Prototype

The World's First "Smart" Car Key Prototype

EINDHOVEN, Netherlands--BMW Group Research and Technology and NXP Semiconductors, the independent semiconductor company founded by Philips, have unveiled a prototype of the world's first multifunctional car key. The prototype features contactless payment, personalized access control, and advanced functionalities includ ... Continue reading

Hella Supplies 2009 Opel with Traffic Sign Detection Camera

Hella Supplies 2009 Opel with Traffic Sign Detection Camera

PLYMOUTH, Mich.--Hella KGaA Hueck & Co., a tier-one supplier of automotive lighting and electronic equipment, is providing General Motors’ European 2009 Opel Insignia with a camera system that reads traffic signs and warns of unintended lane departures. One of Hella’s driver assistance systems, the optional c ... Continue reading

Nokia Returns as a Global Sponsor of the NAVTEQ Global LBS Challenge

Nokia Returns as a Global Sponsor of the NAVTEQ Global LBS Challenge

Signs on for fourth consecutive year as Global Sponsor CHICAGO, Oct. 20 -- NAVTEQ, a leading provider of digital map data for location-based solutions and vehicle navigation, announced that Nokia will return for the fourth-consecutive year as a Global Sponsor of the 2009 edition of the NAVTEQ Global LBS Challenge. As a ... Continue reading

Continental's eHorizon Reads the Road to Optimize Vehicle Efficiency and Performance

Continental's eHorizon Reads the Road to Optimize Vehicle Efficiency and Performance

-- Continental's eHorizon control unit concept shares navigation data with chassis, powertrain and other systems for improved drivability, fuel economy and safety -- Volume production planned for 2012 AUBURN HILLS, Mich., Oct. 20 -- Commercial and passenger vehicle safety, drivability and fuel economy all can be improv ... Continue reading

Novomer Set to Continue Strong Momentum with New CEO and Corporate Headquarters in Massachusetts

Novomer Set to Continue Strong Momentum with New CEO and Corporate Headquarters in Massachusetts

BOSTON--Novomer Inc., a materials company pioneering a family of high-performance, biodegradable plastics, polymers and other chemicals from renewable substances, today announced the appointment of Jim Mahoney as its new chief executive officer and the relocation of company headquarters from Ithaca, N.Y. to Boston, Mas ... Continue reading

Lithia Motors Third Quarter 2008 Earnings Release and Conference Call Scheduled for October 28th, 2008

Lithia Motors Third Quarter 2008 Earnings Release and Conference Call Scheduled for October 28th, 2008

MEDFORD, Ore.--Lithia Motors, Inc. today announced that its third quarter 2008 earnings will be released on Tuesday, October 28th, 2008 at 1:05 p.m. PT. The Company will also be providing updated information on the progress of restructuring actions being taken. CONFERENCE CALL INFORMATION A conference call to discuss t ... Continue reading

Two BorgWarner Technologies Named 2009 Automotive News PACE Awards Finalists

Two BorgWarner Technologies Named 2009 Automotive News PACE Awards Finalists

Industry-first Cam Torque Actuated (CTA(TM)) Camshaft Phasing System and Award-winning Pressure Sensor Glow Plug for Diesel Engines Make the Final List for PACE Awards; DualTronic(R) Performance Package Earns Honorable Mention AUBURN HILLS, Mich., Oct. 20 -- Two BorgWarner technologies have been named finalists for the ... Continue reading

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