INDYCAR SERIES NOTES - November 12, 2008
1. Indy Racing Experience to open at Walt Disney World Speedway: The Indy Racing Experience, which provides fans an opportunity to ride in a 2-seat IndyCar Series car or drive an authentic IndyCar machine, is expanding its operations to the Walt Disney World Speedway at Walt Disney World Resort in Lake Buena Vista, Fla ... Continue reading
Earnhardt-Ganassi Racing with Felix Sabates is Created
MOORESVILLE and CONCORD, N.C. November 12, 2008: Two of motorsportsâ biggest names â Earnhardt and Ganassi â will launch a four-car team beginning in 2009 through the combination of the motorsports operations of Dale Earnhardt, Inc. (DEI) and Chip Ganassi Racing with Felix Sabates, Inc. (CGRFS). NASCAR s ... Continue reading
United Components Reports Results of Operations for Third Quarter 2008
EVANSVILLE, Ind.--United Components, Inc. (âUCIâ), a leading manufacturer of vehicle replacement parts, today announced results for the third quarter ended September 30, 2008. UCI reported revenue of $218.1 million for the quarter, compared to $230.7 for the year-ago quarter. The company reported a revenue in ... Continue reading
BorgWarner Increases Quarterly Dividend
AUBURN HILLS, Mich., Nov. 12 -- BorgWarner Inc. , a leading provider of highly engineered engine and drivetrain components and systems to vehicle makers worldwide, announced today that the company's board of directors has approved a 9% increase in the quarterly cash dividend to $0.12 per share on all of the company's i ... Continue reading
CARZ FOR GIRLZ: Helping Mom (or Dad) Choose the Next Family Car
By Ilsye Gordon & Friends Does your forecast call for a future without a brand new Ford Mustang, but rather a more practical sedan or crossover? As mom (or dad) gets geared up to pick out a new car, it seems your opinions about owing your own are taking the backseat. But your enthusiasm is your weapon: All that driving ... Continue reading
Volkswagen To Unveil Touareg TDI Trophy Truck at L.A. Auto Show
First turbo-diesel Trophy Truck in historic SCORE series HERNDON, Va., Nov. 12 -- Volkswagen of America, Inc. will unveil its purpose-built Volkswagen-Red Bull Baja Race Touareg TDI Trophy Truck, powered by a clean diesel TDI engine, during a news conference at this year's Los Angeles Auto Show. The news conference is ... Continue reading
NADA Backs Consumer Tax Breaks for Auto Sales
Sen. Mikulksi Introduces Tax Deduction Bill to Put Economy 'Back on its Wheels' WASHINGTON, Nov. 12 /PRNewswire-USNewswire/ -- The National Automobile Dealers Association (NADA) supports proposed legislation announced today by U.S. Sen. Barbara Mikulksi, D-Md., which seeks to stimulate the struggling economy by boostin ... Continue reading
NYT Op-Ed: Thomas Friedman - How to Fix a Flat
By THOMAS L. FRIEDMAN Published: November 11, 2008 Last September, I was in a hotel room watching CNBC early one morning. They were interviewing Bob Nardelli, the C.E.O. of Chrysler, and he was explaining why the auto industry, at that time, needed $25 billion in loan guarantees. It wasnât a bailout, he said. It w ... Continue reading
2009 Formula Mazda Challenge Schedules
November 9th, 2008 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~2009 Formula Mazda Challenge Schedule AnnouncedNOV 9th, Sonoma, CA The Molecule Formula Mazda Challenge series presented by Star Mazda announced the 2009 race schedule this evening at their series official banquet. The series will be racing at all of the b ... Continue reading
Autonet Mobile Receives Two Prestigious Awards at SEMA 2008
SAN FRANCISCO--Autonet Mobile, the worldâs first in-car ISP, today announced that it was awarded both the SEMA Global Media Award and the Popular Mechanics Editorâs Choice Award at the SEMA global tradeshow in Las Vegas this month. Both awards honored Autonet Mobileâs innovative product design and functi ... Continue reading
Networkfleet Receives 2008 AeA High Tech Award
SAN DIEGO--Networkfleet®, a leader in wireless fleet management, today announced that it has won the 2008 AeA High Tech Award in the category of communications products and services from the San Diego Council of AeA, the nationâs largest high tech trade association. Networkfleet received the award on October 31 ... Continue reading
SORL Auto Parts, Inc. Reports Fiscal Third Quarter 2008 Financial Results
Third Quarter Financial Highlights: -- Revenue increased 11.0% year-over-year to $33.0 million -- 9-Month revenue increased 27% year-over-year to $ 105.8 -- Gross profit margin of 25.5% as compared with 22.3% in the prior year ZHEJIANG, China, Nov. 12 /Xinhua-PRNewswire-FirstCall/ -- SORL Auto Parts, Inc. , a leading m ... Continue reading
Manheim Announces Executive Leadership Change
Ralph M. Liniado To Retire At Year-End After 39 Years ATLANTA -- Manheim announced today that Ralph M. Liniado, senior vice president of development, will retire at the end of this year after serving the company and Cox Enterprises, Inc., Manheim's parent company, with distinction for 39 years. A well-respected leader ... Continue reading
Grand-Am Rolex Series November Test Days At Daytona International Speedway - Day 1 Notebook
DAYTONA BEACH, Fla. November 11, 2008: Forty cars were on hand for the first of two days of Grand-Am Rolex Sports Car Series presented by Crown Royal Cask No. 16 testing Tuesday at Daytona International Speedway, as teams and drivers logged nearly eight-and-a-half hours of quality track time at the 3.56-mile track. The ... Continue reading
DIRK WERNER - A SEASON OF MEMORIES
Dirk Werner scored a GT2 victory and a pair of class pole positions for Farnbacher Loles Racing in 2008. To be sure, the 2008 American Le Mans Series was a season to remember for Farnbacher Loles Racing's Dirk Werner. The 27-year-old German was the lead driver for the team's first full season with a Porsche 911 GT3 RSR ... Continue reading
MISCOR Group Reports Significant Net Income, Sales Growth in 2008 Third Quarter
SOUTH BEND, Ind., Nov. 12 -- Industrial services provider MISCOR Group, Ltd. (OTC:MIGL) (BULLETIN BOARD: MIGL) reported sharply higher net income on a 78 percent increase in sales in the third quarter ended September 30, 2008. MISCOR's positive performance for the quarter was driven by strong service-related revenue an ... Continue reading
Bonal International, Inc. Sales Decrease 21 Percent at 2008 Year to Date
Net Income Effectively a Break Even ROYAL OAK, Mich., Nov. 12 -- Bonal International, Inc. (OTC:BONL) today announced 2008 six month and second quarter ending Sept. 30, 2008 unaudited results. Bonal's six month year-to-date revenue is down 21%. Second quarter sales are down 37% over last year to $353,191 and profit was ... Continue reading
China Automotive Systems Reports 2008 Third Quarter Results
Net Sales Reached US$36.9 Million; Representing 18.4% Year-Over-Year Growth WUHAN, Hubei, China, Nov. 12 /Xinhua-PRNewswire/ -- China Automotive Systems, Inc. ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced financial results for the third quarter and nine mo ... Continue reading
Beijing Hyundai To Launch New Luxury Model Soon
Beijing Hyundai to launch new luxury model soon http://www.gasgoo.com/auto-news/1008344/Beijing-Hyundai-to-launch-new-l uxury -model-soon.html Shanghai, November 12 (Gasgoo.com) At the end of this year or early 2009, Beijing Hyundai will launch an all new medium- to high-end sedan model to the Chinese market. Like the ... Continue reading
A newly developed Mercedes assistance system warns the driver if the car leaves its lane unintentionally. The camera on the inside of the windscreen monitors the road markings and detects when the car leaves its lane. Lane Keeping Assist will be available for the new E-Class and the S-Class from spring 2009. ... Continue reading
GM In Talks To Boost Stake In SAIC-GM-Wuling JV
GM in talks to boost stake in SAIC-GM-Wuling JV http://www.gasgoo.com/auto-news/1008341/GM-in-talks-to-boost-stake-in-S AIC-G M-Wuling-JV.html Shanghai, November 12 (Gasgoo.com) General Motors Corp is in talks to increase its stake in a Chinese joint venture that makes small, inexpensive vans and trucks, the Wall Stree ... Continue reading
Leading wheel manufacturer Alcoa has developed an alloy wheel that makes dirt-engrained wheels a thing of the past. With Dura-Bright technology, it is easy to remove dirt and brake dust with minimal cleaning using only water, offering a polished finish that will neither chip, fade or "yellow" like traditional alloy whe ... Continue reading
Audi China Business To Be Headquartered In Beijing
Audi China business to be headquartered in Beijing http://www.gasgoo.com/auto-news/1008343/Audi-China-business-to-be-headq uarte red-in-Beijing.html Shanghai, November 12 (Gasgoo.com) Audi AG announced Dietmar Voggenreiter, 39, responsible for Audi Chinese business, will move his office to Beijing from Germany on Jan 1 ... Continue reading
Xtrac Unveils New A1GP Gearbox At Professional Motorsport World Expo
Transmission specialist also introduces its first complete rack and pinion steering assembly - a high specification system now available for the first time to other race formulae ... Continue reading
Driving a car at night will be even safer in future. Mercedes-Benz is unveiling an innovative system which adjusts the range of the headlamps automatically based on the distance to oncoming vehicles or moving vehicles in front with their lights on. Consequently, the best possible headlamp range is always selected, allo ... Continue reading
Classic Car Market Remains Buoyant In A Difficult Time For The Motor Industry
While the modern motoring industry faces extremely tough times, the classic car market remains buoyant as classic marques continue to rise in value. Whilst some vehicles are purchased as an investment, others are brought for the practicality of maintaining them at home and the exemption from road tax. ... Continue reading
Megane Renaultsport R26.R Punches Above Its Weight In Evo Magazine's Car Of The Year 2008
Renault's new £24,000 Mégane Renaultsport R26.R has beaten the £110,000 Alfa Romeo 8C Competizione, £90,000 Maserati GranTurismo S and £85,000 Aston Martin V8 Vantage in EVO magazine's Car of The Year test. ... Continue reading
Stylish and powerful, the new Bentley Azure T is the world's most elegant convertible and destined to become a future classic. With unique Bentley 'T' styling cues reinforcing its sporting stance, the 500bhp Azure T delivers driver-focused performance with the ability to transport four adults in first-class, open-top l ... Continue reading
Land Rover G4 Challenge National Selections
The spectacular Blue Mountains recently played host to the Land Rover G4 Challenge National Selections, to see who had what it takes to represent Australia the ultimate global adventure race. ... Continue reading
Delphi Corporation has signed an agreement to provide its new High-Speed Digital Data (HSDD) connectivity systems for inclusion on new General Motors vehicles in Europe. ... Continue reading
Suzuki Offering More Fun To Drivers With Ultimate In-Car Entertainment Accessory
Suzuki GB is pleased to announce the addition of the new state-of-the art Clarionã multimedia unit to its accessories range, which is now available exclusively for the Grand Vitara, Swift, Swift Sport, and SX4 models. ... Continue reading
Saab Celebrates 25 years of Convertibles with Special Edition
The first ever Saab Convertible made its world debut at the Frankfurt auto show in the fall of 1983. Now, 25 years later, a Special Edition makes its American debut at the Los Angeles International auto show which opens to the public on November 22. This new version of the Saab 9-3 Convertible will be showcased in a un ... Continue reading
By introducing around a dozen new or modified systems, Mercedes-Benz is adding a new chapter to its long history of passenger- car safety. Following on from their successes achieved in the domain of occupant protection, the Mercedes experts will be focussing more than ever on avoiding traffic accidents and reducing acc ... Continue reading
Support Grows For U.S. Automaker Aid
WASHINGTON DC November 12, 2008; The AP reported that House Speaker Nancy Pelosi wants Congress to support a financial bailout for the troubled U.S. auto industry, which is suffering under the weight of poor sales, tight credit and a sputtering economy. Pelosi, D-Calif., said Tuesday she was confident that lawmakers wo ... Continue reading
Cheapest in Florida Traffic School Promotes Ride Sharing
JACKSONVILLE, Fla.--Even though the price of gas has been decreasing, it still is costly especially in these economically depressed times. Traffic tickets are costly as well and who would not want to lower the odds of getting one. There is an answer that will help in both these areas reports Cheapest in Florida: engagi ... Continue reading
2008 VeriFacts "Commitment to Consumers" Award Winner Honored
LAS VEGAS--VeriFacts Automotive is proud to recognize the Chrysler Corporation with its most distinguished award, the ACE âCommitment to Consumersâ Award. This award recognizes those manufacturers and companies in the collision repair industry that share product information with consumers, free-of-charge. Hav ... Continue reading
AAA Chicago: November Monthly Fuel Prices Lowest Since February 2007
AURORA, Ill.--Fuel prices have fallen steadily since mid-September as crude oil prices have dropped during recent weeks and inventory levels remain high. AAA Chicagoâs most recent Fuel Gauge Report estimates that in Illinois, regular unleaded gasoline has decreased $1.04 during the past month, forecasting an avera ... Continue reading
Nissan to Display Cooperative Intelligent Transport Technologies at ITS World Congress
FRANKLIN, Tenn., Nov. 11 -- Nissan Motor Co., Ltd. today announced that four advanced Cooperative Intelligent Transport technologies will be shown at the 15th World Congress on Intelligent Transport Systems (ITS). The ITS World Congress, which is being held at New York City's Jacob K. Javits Center from Nov. 16 - 20, s ... Continue reading
First Annual Propane Fuel Summit Begins Tomorrow in Detroit
Cheaper and Cleaner Than Gasoline ⢠Higher Octane Power Than Gasoline ⢠Abundant Supply ⢠Domestically Produced ⢠Readily Accessible ⢠Proven History of Performance Learn All About this Exceptional Alternative Fuel DETROIT - November 12, 2008: Why is propane the most widely used alternative fue ... Continue reading
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