DAYTONA BEACH, Fla. November 6, 2008: Penske Racing will field a second Daytona Prototype, while Childress-Howard Motorsports will test for the first time at Daytona International Speedway next week during a two-day test for the Grand-Am Rolex Sports Car Series presented by Crown Royal Cask No. 16. Penske Racing and Ch ... Continue reading
Avis Budget Group Reports Results for Third Quarter 2008
Company Announces Plan to Reduce Costs and Improve Efficiencies - Third quarter revenue totaled $1.7 billion. - Generated EBITDA of $141 million and pretax income of $87 million excluding unusual items. - Recorded unusual charge of $1.3 billion, primarily for goodwill impairment. - Reported pretax loss of $1.2 billion. ... Continue reading
Autobytel Announces 2008 Third Quarter Financial Results
IRVINE, Calif.--Autobytel Inc. , a leading Internet automotive marketing services company, today announced financial results for the 2008 third quarter ended September 30, 2008. Revenue for the 2008 third quarter equaled $17.3 million, compared with $21.9 million last year. The decline was primarily related to a decrea ... Continue reading
NEW YORK and CHANGSHA, China, Nov. 6 /Xinhua-PRNewswire-FirstCall/ -- Tongxin International Ltd. , a China-based manufacturer of engineered commercial vehicle body structures ("EVBS") and stamped body parts, announced today its third quarter financial results conference call scheduled for Monday, November 10th at 5:00 ... Continue reading
Electric Motorcycle Company Partners with Chris Karol to Launch First U.S. Dealership
From Snowboarding Pioneer to Eco-Conscious Entrepreneur, Former World Champion Snowboarder Chris Karol Offers Electric Motorcycles to the Masses SYOSSET, N.Y., Nov. 6 -- Swiss electric motorcycle manufacturer, Quantya, is excited to announce their partnership with Shredelectric (www.shredelectric.com), an action sports ... Continue reading
A1GP Take On The Chengdu Blades
Chengdu, China, November 6, 2008: A1GP World Cup of Motorsport drivers faced a different challenge this morning as the motorsport world met the world of football. Twelve drivers took on players from the Chengdu Blades as part of the build up to this weekendâs race. The Chengdu Blades is a professional Football Clu ... Continue reading
Jones, Hines Prepare for USAC Sprint Series Showdown at Manzanita Speedway
INDIANAPOLIS November 5, 2008: Tony Stewart Racingâs (TSR) USAC driving duo of Levi Jones and Tracy Hines is set to make its final push in USAC National Sprint Car Series competition this weekend at Manzanita Speedway in Phoenix. The two-day Western World Championships at the half-mile facility will also serve as ... Continue reading
JOSH RAY SELECTED AS FIRST DIVERSITY APPRENTICE FOR MICHAEL WALTRIP RACING
TORRANCE, Calif., November 6, 2008: Toyota Motor Sales, Inc. (TMS) and Michael Waltrip Racing (MWR) announced today that Josh Ray is the diversity apprentice selected from Toyota's Technician Training and Education Network (T-TEN) alumni program. American Indian descendant and Oklahoma-native Ray will relocate to North ... Continue reading
HOUSTON--J.B. Poindexter & Co., Inc., which owns and operates primarily transportation related manufacturing businesses including Morgan Truck Body, LLC, Morgan Olson, LLC, Truck Accessories Group, LLC, and the Specialty Manufacturing Division, released unaudited revenues and earnings for the three and nine months ende ... Continue reading
SORL Auto Parts Announces Reporting Date for Third Quarter 2008 Earnings Results
ZHEJIANG, China, Nov. 6 /Xinhua-PRNewswire-FirstCall/ -- SORL Auto Parts, Inc. , a leading manufacturer and distributor of commercial vehicle air brake valves and other auto parts in China, today announced that the Company will report its third quarter 2008 financial results before the market opens on Wednesday, Novemb ... Continue reading
Accuride Corporation Reports Third Quarter Results for 2008
EVANSVILLE, Ind.--Accuride Corporation : Sales of $239.5 million, up 8.6 percent Adjusted EBITDA of $20.1 million, up 46.7 percent On a U.S. GAAP basis, a net loss of $201.2 million, or ($5.67) per diluted share, negatively impacted by non-cash goodwill and other intangible impairment and restructuring charges totaling ... Continue reading
Ener1 Announces Date for Third Quarter 2008 Results and Management Conference Call
NEW YORK, Nov. 6 -- Ener1, Inc. (AMEX:HEV) will release its third quarter results for 2008 on Thursday, November 13, 2008 before the market open. Management will conduct a conference call on the same day at 10:00 a.m. Eastern Standard Time, to discuss the third quarter results and the company's strategic outlook for 20 ... Continue reading
H&E Equipment Services Reports Third Quarter 2008 Results
BATON ROUGE, La.--H&E Equipment Services, Inc. today announced operating results for the third quarter ended September 30, 2008. THIRD QUARTER 2008 SUMMARY Revenues increased 3.0% to $278.6 million versus $270.6 million a year ago, with the Companyâs Mid-Atlantic acquisition contributing $38.8 million in the curre ... Continue reading
Dana Holding Corporation Reports Third-Quarter 2008 Results
TOLEDO, Ohio, Nov. 6 -- Dana Holding Corporation today announced its third-quarter 2008 results. (Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) Third-quarter developments included: -- Sales of $1,929 million, a 9-percent decrease compared with 2007, primarily because of lower vehicle production in North Ame ... Continue reading
EVOC Reports Record High Revenue During First Three Quarters of 2008 up 150% to RMB 771 Million
The Group's Proprietary Intelligent Products Help Boost Process Automation in Diverse Industries HONG KONG, Nov. 6 /Xinhua-PRNewswire/ -- China's leading manufacturer of advanced process automation products, EVOC Intelligent Technology Company Limited ("EVOC" or the "Group") (HKEx: 8285) today announced its unaudited f ... Continue reading
Saft Groupe SA Reports Quarterly Financial Information for the Third Quarter of 2008
PARIS, November 6 -- Saft, leader in the design, development and manufacture of high-end batteries for industry and defence, announces its sales for the third quarter of 2008. Sales highlights - Q3 2008 sales up by 4.9% YoY at EUR139.9m at constant exchange rates: - IBG +3.1% - SBG +13.1% - RBS (9.7)% - September YTD 2 ... Continue reading
GM, China State Grid talking on EV charging stations
GM, China State Grid talking on EV charging stations http://www.gasgoo.com/auto-news/1008275/GM-China-State-Grid-talking-on- EV-ch arging-stations.html Shanghai, November 6 (Gasgoo.com) A senior GM official said the company has been holding talks with the State Grid Corporation of China (SGCC) to build a large number o ... Continue reading
Vauxhall Commercial Vehicles - Britain's Number One!
As well as parent company GM being Britain's biggest van producer, Vauxhall has further reason to celebrate after its Commercial Vehicle range claimed the top spot in the LCV market for the first time since records began. ... Continue reading
BMW Group Produces First UK Sustainable Value Report
BMW Group in the UK has produced its first sustainable value report. The report reveals that despite significant increases in production at all four plants, the general trend over the past five years has been a reduction in energy consumed per vehicle produced. ... Continue reading
New study shows glaring unpreparedness for power outages BETHEL, Conn., Nov. 6, 2008 -- When an emergency strikes, nothing is more welcoming than a calm voice and a reliable power supply. Duracell(R) is providing a bit of both with the introduction of Duracell(R) Powerpack 450 with Voice. It's a solution that consumers ... Continue reading
Skoda Superb Wins Prestigious Awards
The new Skoda Superb has won a further two prestigious awards. One of them is the 2008 Golden Steering Wheel (Goldenes Lenkrad) organised by the German-based magazine Bild am Sonntag. ... Continue reading
Zep Inc. Launches Line of Zep Commercial Products for Auto Aftermarket
Professional-Strength Products To Be Available at Convenient Retail Locations ATLANTA, Nov. 6 -- Zep Inc. , one of the nation's leading providers of professional automotive maintenance products, is making a new line of Zep Commercial products available to independent mechanics, small auto repair shops, and do-it-yourse ... Continue reading
The New Seat Ibiza Wins The Golden Steering Wheel Prize In Germany
SEAT has won the 'Golden Steering Wheel' with the new Ibiza in the small car category. At a ceremony which took place today in Berlin, the Spanish brand's new vehicle was awarded one of Germany's most prestigious distinctions. ... Continue reading
Toyota Aygo 2009 to debut at the Bologna Motor Show
Italy, Europe's biggest A-segment market, will host the launch of the AYGO 2009 during the next Bologna Motor Show starting December 4. ... Continue reading
Central Chassis Controller Reduces Complexity in Vehicle Electronics
The Chassis & Safety Division of the international automotive supplier Continental has developed an innovative central control unit that can process all information from a wide array of assistance and safety systems centrally. To do so, the Chassis Controller not only uses fast data lines to access a large number of di ... Continue reading
Cost-Optimized Airbag Control Unit Scalable for Different Customer and Market Requirements
For the rapidly developing automobile markets in Asia and Eastern Europe in particular, the Chassis & Safety Division of the international automotive supplier Continental has developed a groundbreaking technology platform based on a modular structure for airbag control, named SPEED (Safety Platform for Efficient & Econ ... Continue reading
With Continental, Electrically Enhanced Steering is Possible Even for Heavy Vehicles
The Chassis & Safety Division of the international automotive supplier Continental has developed a modular power pack, comprising of control electronics and an electric motor, which makes it possible to install electrically enhanced steering in large sedans or SUVs with existing 12-volt onboard power systems. ... Continue reading
Ford Repeats Van Reliability Success
Ford has repeated a trio of significant awards from leading trade magazine, Fleet News. The Ford Transit, promoted as "the backbone of Britain", has come top of an industry reliability survey based on more than 150,000 commercial vehicles. ... Continue reading
Fiat Group Automobiles Star Of The 'Ecomondo' International Fair
The 12th ECOMONDO, an international fair on material recycling, energy recovery and sustainable development, is to be held in Rimini on 5-8 November. Hosted by Rimini Fiera, the show will be presenting the widest range of technological opportunities, systems and equipment, and services for resolving complex and specifi ... Continue reading
BlueTEC technology developed by Mercedes-Benz for diesel vehicles is the most outstanding environmental innovation in the automotive sector and offers a sustained reduction in the burden on the environment. In recognition of this achievement, Bild am Sonntag [Germany's top-selling Sunday newspaper] has awarded the Stut ... Continue reading
Golden Steering Wheel Goes To The New Audi Q5
It has not even hit the market, but it has already won an award: 'Bild am Sonntag' named the new Audi Q5 the best vehicle in this year's special SUV class, awarding it the 'Golden Steering Wheel'. ... Continue reading
AUBURN HILLS, Mich., Nov. 6 -- The Walter P. Chrysler Museum, in Auburn Hills, is decking its displays in nostalgia with Cars, Trees & Traditions, Nov. 15 - Dec. 30. The Museum's fourth annual holiday exhibition is enhanced for 2008 with a new stroll down memory lane, Seasons of Traditions. ... Continue reading
AutoNation Reports 2008 Third Quarter Results of Operations
- Third quarter net loss from continuing operations of $1.40 billion, including $1.46 billion after-tax, non-cash goodwill and franchise impairment charges recorded under SFAS No. 142 - $0.25 per share net income from continuing operations in the third quarter, excluding goodwill and franchise impairment charges and ot ... Continue reading
2009 Toyota Camry Hybrid Review By Carey Russ
DRIVING DOWN THE ROAD WITH CAREY RUSS 2009 Toyota Camry Hybrid At this point in time, gasoline-electric vehicles have gone from early-adopter to mainstream technology. And what could underline that more than a hybrid version of that most popular of mid-size cars, the Toyota Camry? The Hybrid has been in the Camry lineu ... Continue reading
NASHVILLE, Tenn.--Engineers from Cummins Filtration , the leader in filtration, exhaust, coolant and chemical technology for all engine-powered systems, recently received the prestigious Diploma of Recognition from the International Federation of Automotive Engineering Societies (FISITA) for their research paper on the ... Continue reading
DURA Automotive Names Jeff Stafeil Chief Financial Officer
ROCHESTER HILLS, Mich.--DURA Automotive Systems, Inc., today announced that Jeff Stafeil has been named executive vice president and chief financial officer, effective December 1, 2008. Stafeil was appointed to DURAâs board of directors in June of 2008 and will maintain his board seat. Nick Preda, DURAâs inte ... Continue reading
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