Waxman Dethrones Dingell As Chairman
By: Patrick O'Connor - POLITICO Washington, DC. November 21, 2008: California Rep. Henry A. Waxman on Thursday officially dethroned longtime Energy and Commerce Chairman John Dingell, upending a seniority system that has governed Democratic politics in the House for decades. In a secret ballot vote in the Cannon Caucus ... Continue reading
American Axle & Manufacturing Declares Fourth Quarter 2008 Dividend
DETROIT, Nov. 21 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today announced a cash dividend of $0.02 per share payable on December 29, 2008 to stockholders of record on all of the Company's issued and outstanding common stock as of December 8, 2008. AAM is a world leader ... Continue reading
ANOTHER TURN: THE CHANGING FACE OF LMP2
With Acura moving to P1 to directly challenge Audi and no sign of any Porsche teams, David Phillips wonders where this leaves LMP2 for 2009. The past couple of seasons have seen LMP2 vie with GT2 as the most fiercely-contested class in the American Le Mans Series. Acura's entry into the category in 2007 (and its remark ... Continue reading
Nemechek, Furniture Row Racing Agree on Contract Buyout
DENVER, Colo. November 21, 2008: On the heels of Furniture Row Racing announcing plans for a limited 2009 NASCAR Sprint Cup Series schedule, the team announced today a contract buyout of its driver Joe Nemechek. âJust like the reduced schedule announcement, this buyout of Joeâs contract has nothing to do with ... Continue reading
60 MINUTES TO FOCUS ON AMBROSE NASCAR CAREER
Charlotte, NC. November 21, 2008: Australian motor racing fans will get a unique insight into the world of NASCAR and the life of Aussie ace Marcos Ambrose when 60 Minutes resumes on the Nine Network early in 2009. A 60 Minutes crew, headed by reporter Peter Overton, were treated to a âfly on the wallâ experi ... Continue reading
Great Britain Top Friday Practice In Malaysia
Sepang, Malaysia, November 21, 2008: Round three of A1GP World Cup of Motorsport got underway at the Sepang International Circuit this morning with Franceâs Nicolas Prost starting the day as the quickest rookie and Great Britainâs Danny Watts ending the day quickest overall in Malaysia. A1 Team France got off ... Continue reading
AGR NOTES - A1GP PRE-RACE - MALAYSIA
Marco Andretti, Andretti Green Racing, A1 Team USA: "Today was not a bad start. We still have some work to do to close the gap even further, but it really helped having JR (Hildebrand) in the car for the Rookie Practice. We've still got some work to do but it is showing that we are catching up to the quickest teams. Th ... Continue reading
Inaugural Season Documentary of the Jetta TDI Cup to Air on SPEED Saturday
HERNDON, Va. November 21, 2008: Relive the excitement of the inaugural season of the Jetta TDI Cup, as 30 young, ambitious drivers compete in clean diesel Volkswagen Jettas for a chance to win $100,000 in the worldâs first green racing series. The documentary follows the personal stories of the drivers both on and ... Continue reading
Sydney Allard's Personal Steyr-Allard Racer to Be Sold at 2009 Barrett-Jackson Event in Scottsdale
SCOTTSDALE, Ariz.--The 1947 Steyr-Allard racer owned by the legendary Sydney Allard, one of Americaâs greatest automotive pioneers, will be sold at No Reserve during the 38th Annual Barrett-Jackson Collector Car Auction in Scottsdale, Ariz., Jan. 11-18, 2009. Considered the most famous of all Allards, the race car ... Continue reading
Clean, 'Green', Fuel-Efficient Diesels at Home on Race Track or Highway
BROADVIEW, Ill., Nov. 21 -- MS -- Modern diesels are cleaner than ever before. To show how efficient they are, the latest generation made its debut recently on the racetrack proving that even in full race driving conditions diesel vehicles can remain clean and green ... and highly fuel- efficient! Thirty new VW Jetta D ... Continue reading
GM to Return Two Leased Jets Amid Criticism
DETROIT November 21, 2008; Poornima Gupta writing for Reuters reported that General Motors Corp will return two of its leased corporate jets amid intense criticism in Washington this week on the luxury travel arrangements of its chief executive even as the company pleads for federal aid. CEO Rick Wagoner was in the cap ... Continue reading
Cooper Tire & Rubber Company Declares 147th Consecutive Quarterly Dividend
FINDLAY, Ohio, Nov. 21 -- Cooper Tire & Rubber Company today announced a quarterly dividend of 10.5 cents per share on common stock, payable Dec. 30, 2008, to stockholders of record at the close of business Dec. 2, 2008. This will mark the 147th consecutive quarterly dividend paid by Cooper Tire & Rubber Company. ... Continue reading
Sinotruk Inks Restructuring Deal With Datong Gear
Sinotruk inks restructuring deal with Datong Gear http://www.gasgoo.com/auto-news/1008474/Sinotruk-inks-restructuring-dea l-wit h-Datong-Gear.html Shanghai, November 21 (Gasgoo.com) On Nov.18, China National Heavy Duty Truck Group Corp (Sinotruk) signed an agreement with Shanxi Datong Gear Group Co on strategic restruc ... Continue reading
GM does not owe Opel any money-Opel chief
FRANKFURT Nov 21, 2008; Maria Sheahan writinf for Reuters reported that General Motors (GM.N: Quote, Profile, Research, Stock Buzz) does not owe its German unit Opel any cash, Opel's head Hans Demant told German newspaper Frankfurter Rundschau's online edition. Money transactions from the U.S. parent were so far unchan ... Continue reading
AVIC Drops Cooperation Talks With Dongfeng Auto
AVIC drops cooperation talks with Dongfeng Auto http://www.gasgoo.com/auto-news/1008470/AVIC-drops-cooperation-talks-wi th-Do ngfeng-Auto.html Shanghai, November 21 (Gasgoo.com) It has been "impossible" for the China Aviation Industry Corp (AVIC) to cooperate with Dongfeng Motor as big conflicts occurred during the neg ... Continue reading
Normally, you only notice how clothes look on you when you put them on. In the end, the colour and design also have to suit your figure. Thankfully there are changing rooms in most shops. So you want to go and slip it on? You can now do so with cool front headlights, rear lights and other lighting accessories, at least ... Continue reading
Bridgestone-Brand Potenza RE050A Tires Are Standard Equipment On 2009 Nissan 370Z Sports Coupe
NASHVILLE, Tenn. Nov. 20, 2008; Bridgestone-brand Potenza⢠RE050A⢠tires are original equipment on the highly anticipated 2009 Nissan 370Z sports coupe which was unveiled at the 2008 Los Angeles Car Show. âThis extremely high-performance vehicle is a perfect platform to showcase the performance capabilit ... Continue reading
Honda Up China Sales Target On Buoyant Sales
Honda up China sales target on buoyant sales http://www.gasgoo.com/auto-news/1008468/Honda-up-China-sales-target-on- buoya nt-sales.html Shanghai, November 21 (Gasgoo.com) Honda Motor Co has revised up its sales target in China to 500,000 vehicles on a strong year-to-date sales in the market, Jinghua newspaper reported ... Continue reading
EuroCarBody AWARD 2008 Presented - Passat CC Wins Award For Innovative Car Body
The Volkswagen Passat CC took first place in the voting category of innovative process, production and plant concepts at the 10th international car body benchmark conference in Bad Nauheim, and came a close second in the overall ranking just behind the winner, the Audi Q5. The Volkswagen Group has thus taken the top tw ... Continue reading
Volkswagen AG Board Of Management Pushes Forward With "Strategy 2018" Project For The Future
The Volkswagen Group's focus on becoming an economic and environmental leader in the global automotive industry remains the central element of the Group Strategy 2018. For this reason, the Volkswagen AG Board of Management is intensifying efforts to continue with the successful realization of this ambitious project eve ... Continue reading
Jaguar Reclaims The #1 Ranking In J.D. Power And Associates 2008 Sales Satisfaction Index
Reaffirming its reputation as an automotive leader in sales satisfaction in the U.S., Jaguar North America is proud to announce its number one ranking in the J.D. Power and Associates 2008 Sales Satisfaction Index (SSI) StudySM. ... Continue reading
Car drivers around the world show a surprising amount of interest in electric cars and in vehicles with hybrid drives and the Chinese are leading the Europeans and other Asian states. Overall, 53.7% of the Chinese were prepared to buy a car with a hybrid drive, 73.4% were even open to buying an electric car. The motiva ... Continue reading
With the establishment of the "e-drive Project House" at the Karlsruhe Institute of Technology (KIT), Daimler AG and KIT are initiating a research cooperation for electric drive systems. By uniting the fields of power electronics, control systems, electrical energy storage units, and electrical machinery under one roof ... Continue reading
Mercedes-Benz Delivers 500,000 Units of the New C-Class
Mercedes-Benz has delivered 500,000 new C-Class models from the 204 series to customers around the world since the vehicle's market launch in March 2007. "The C-Class sedan has maintained its position as the worldwide market leader in its segment since the beginning of the year" says Dr. Klaus Maier, Executive Vice Pre ... Continue reading
Secretary Of State For Transport Launches UK Production Of The All-New Toyota Avensis
The Rt Hon. Geoff Hoon MP, Secretary of State for Transport, will officially launch the start of production of the all-new Avensis, during a visit to Toyota's Burnaston Plant, Derbyshire, today (21 November, 2008). ... Continue reading
Premiere At Porsche: Cayenne With Diesel Engine
From February 2009, Porsche will offer a Cayenne with a diesel engine and thus extend its range of engines for the four door, all-wheel drive car further, once again. This decision was taken in response to changed legal regulations especially in European markets, resulting in tax incentives for vehicles with diesel eng ... Continue reading
LDV Maxus Drives Van Hire Forward
Lincoln-based LDV dealership, Ford and Slater, is celebrating after supplying 20 MAXUS vehicles to a local van hire company in just one year. Lincs Van Hire had a rental fleet of just eight vehicles a year ago, but as the business has gone from strength to strength in the last twelve months the number has grown to 30. ... Continue reading
2009 Dodge Challenger Earns Top Five-Star Safety Ratings in U.S. Government's Crash Tests
- Five-star Front- and Side-Impact Ratings Accentuate Chrysler LLC's Commitment to Safety and Security - Dodge Challenger Offers More Than 25 Safety and Security Features AUBURN HILLS, Mich., Nov. 21 -- The all-new 2009 Dodge Challenger earned 5-star ratings for driver- and front-passenger protection in a frontal crash ... Continue reading
DVLA's Ecomotive Campaign Scoops Business "Oscar"
An innovative marketing campaign by the Driver and Vehicle Licensing Agency featuring SEAT's super-frugal Ibiza Ecomotive has come out tops in the 2008 National Business Awards. ... Continue reading
German Gov't Says Opel (GM) Bailout Decision Won't Depend on U.S. Moves
BERLIN, Nov 21, 2008; Gernot Heller and Volker Warketin writing for Reuters reported that Germany said on Friday it did not want to make a decision on aid for cash-strapped Opel dependent on developments in the United States, where automakers failed to secure a quick bailout. Opel's parent General Motors Corp and U.S. ... Continue reading
Volvo Offers A Taste Of Sweden At Gordon Ramsay's Taste Of Christmas
To celebrate the UK arrival of the new Volvo XC60, Volvo has teamed up with Gordon Ramsay's Taste of Christmas food event at Excel London from 4-7 December. Alongside showcasing the new XC60, Volvo will be hosting a "Taste of Swedish Christmas" stand, offering authentic Swedish festive treats, traditional recipes and a ... Continue reading
All-New 2009 Dodge Ram Takes Over kbb.com Homepage With Innovative Advertising Scheme
Customized Partnership Also Provides Click-Stream Analysis and KBB Marketing Research IRVINE, Calif., Nov. 21 -- Kelley Blue Book www.kbb.com, the leading provider of new- and used-vehicle information, today announces a partnership with the Dodge brand to promote the all-new 2009 Dodge Ram, featuring a groundbreaking s ... Continue reading
AIADA Confirms: Now is a Great Time to Buy a Car
Washington DC November 21, 2008; The AIADA newsletter reported that in a release today, the American International Automobile Dealers Association reminded consumers that now is the perfect time to buy a vehicle. Zero percent financing offers and other incentives, combined with auto dealers' willingness to work with eve ... Continue reading
GREENWICH, Conn. & BOSTON--Electric Truck, LLC (ET) and Tufts Universityâs Office for Technology Licensing and Industry Collaboration (OTL&IC) today announced that ET has exclusively optioned commercial rights to a technology that can recharge the batteries of any hybrid electric and electric-powered vehicle while ... Continue reading
Fisker Automotive Announces Intent to Source General Motors Components
IRVINE, Calif., Nov. 21 -- Fisker Automotive, Inc., a green American premium car company, today announced that General Motors has been selected to supply, through its on-highway integrator Powertrain Integration LLC, the gasoline engine that will be used in the Fisker Karma, Fisker Automotive's new Extended Range Hybri ... Continue reading
BMW Wind Tunnel Helps German Bobsleigh and Luge Federation Go Faster
Oberhof/Munich November 20, 2008; With speeds on international sliding tracks rising year on year, optimum aerodynamics are becoming a decisive success factor for competitors in Bobsleigh and Luge events. Which explains why German athletes have been coming to the BMW Group wind tunnel to test their sports equipment for ... Continue reading
AC Schnitzer Shows Its Hand - Three Stunning Exhibits At The Essen Motor Show 2008
While the entire world is preparing for Christmas, the highlight comes a whole month earlier for fans of fast, modified cars. Because the 41st Essen Motor Show opens on 29th November. For BMW fans, the stunning exhibits from AC Schnitzer will be a special attraction - and they will not be disappointed! The Aachen-based ... Continue reading
Seeking Alpha: Six Myths about the Big Three
By Rick Newman Chief Business Correspondent for U.S.News Memo to CEOs: Ask for a bailout, and your company will be reduced to a caricature. Recent congressional hearings on the plight of GM (GM), Ford (F), and Chrysler have illuminated a few important issues - like how the Detroit executives travel when on business. Po ... Continue reading
Bricklin Sees U.S. Auto Industry Opportunity To Turn Lemons Into Lemonade
New York November 20, 2008; Malcolm Bricklin said today the auto industry has been given a unique opportunity to show how it can use bailout money not only to reverse its own fortunes, but also to strengthen the overall economy and even help save the planet. "Congress' request for short and long-term plans from the aut ... Continue reading
San Francisco, Calif. (Nov 20, 2008); At a press conference held in San Francisco City Hall, Governor Arnold Schwarzenegger, along with the Mayors of San Francisco, San Jose and Oakland, joined together with the Bay Area Council, the Silicon Valley Leadership Group, and Better Place of Palo Alto to announce a sweeping ... Continue reading
San Francisco Bay Area getting wired for electric cars
SWan Francisco CA November 20, 2008; Project Better Place, the company that is pushing a cell-phone business model for electric cars, has now signed its first deal in its own back yard, the San Francisco Bay Area. The San Jose Mercury News reported Thursday that a billion dollar deal had been signed between the company ... Continue reading
2008 LA Auto Show: Kia Motors Unveils 54MPG Next Generation Fuel Cell Electric Vehicle
Revolutionary Borrego FCEV Debuts at Los Angeles International Auto Show -- World premiere for new Borrego FCEV -- New technologies boost performance of fuel cell electric vehicle LOS ANGELES, Nov. 20 -- Kia Motors Corporation's (KMC) Fuel Cell Electric Vehicle (FCEV) program takes a major technological step forward to ... Continue reading
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