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November 2008

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Tuesday, November 25, 2008

Mitsubishi Motors Corporation Appoints New President and CEO of Mitsubishi Motors North America

Mitsubishi Motors Corporation Appoints New President and CEO of Mitsubishi Motors North America

CYPRESS, Calif., Nov. 25 -- Mitsubishi Motors Corporation today announced that effective January 1, 2009, Shinichi Kurihara (59) will succeed Hiroshi Harunari as President and CEO of Mitsubishi Motors North America (MMNA). With the fulfillment of his three-year term, Hiroshi Harunari returns to Japan for reassignment w ... Continue reading

Subaru Receives Four IIHS 'Top Safety Pick' Awards for 2009

Subaru Receives Four IIHS 'Top Safety Pick' Awards for 2009

- Automaker Has At Least One Top Safety Pick in Every Vehicle Class in Which It Competes - CHERRY HILL, N.J., Nov. 25 -- Subaru of America, Inc. announced today that four of its 2009 models have been named a 2009 'Top Safety Pick' by the Insurance Institute for Highway Safety. The following vehicles each earned a 2009 ... Continue reading

Penske Truck Leasing Offers New Warranty and Financing Packages for Used Commercial Truck Purchases

Penske Truck Leasing Offers New Warranty and Financing Packages for Used Commercial Truck Purchases

READING, Pa., Nov. 25 -- Penske Truck Leasing today announced it now offers new warranty and financing options for used light-, medium-, and heavy-duty commercial vehicles in collaboration with National Truck Protection (NTP) and netLoan Funding. Penske now offers extensive one year, 100,000 mile and two year, 200,000 ... Continue reading

NADA Commends Action by Federal Reserve and Treasury to Increase Availability of Auto Loans

NADA Commends Action by Federal Reserve and Treasury to Increase Availability of Auto Loans

Treasury Department announces new initiative under the Troubled Asset Relief Program (TARP) WASHINGTON, Nov. 25 /PRNewswire-USNewswire/ -- Addressing a key request from the National Automobile Dealers Association (NADA), the U.S. Treasury Department announced today a new program to increase the availability of auto loa ... Continue reading

AAA's Show Your Card & Save Program Helps Consumers Make the Most of Tight Holiday Budgets

AAA's Show Your Card & Save Program Helps Consumers Make the Most of Tight Holiday Budgets

AAA members saved 1.2 billion last year utilizing benefits of the largest member discount program in the world ORLANDO, Fla., Nov. 25 /PRNewswire-USNewswire/ -- As the holiday season approaches many Americans concerned with shrinking investment portfolios and a down economy seek ways to make the most of gift giving bud ... Continue reading

2009 Kia Rondo, Sedona and Rio win Consumer Guide Automotive Awards

2009 Kia Rondo, Sedona and Rio win Consumer Guide Automotive Awards

NEWS FOR IMMEDIATE RELEASE CONTACT: Michael Choo ( <mailto:cdore@kia.co.kr> mjc@kia.co.kr), International Communications Manager, Kia Motors Corporation, Tel: +82-2-3464-5663 2009 Kia Rondo, Sedona and Rio win Consumer Guide Automotive Awards - Vehicles chosen for Quality, Value, Convenience and Style - 2009 Kia Rondo ... Continue reading

Metaldyne Announces Intention to Accept Tendered Bonds

Metaldyne Announces Intention to Accept Tendered Bonds

PLYMOUTH, Mich., Nov. 25 -- Metaldyne Corporation today announced it expects the conditions to its previously announced tender offer to purchase all of its outstanding 10% Senior Notes due 2013 ("2013 Bonds") and 11% Senior Subordinated Notes due 2012 ("2012 Bonds" and together with the 2013 Bonds, the "Bonds") will be ... Continue reading

Fleetwood Reports Results for Second Quarter and First Six Months of Fiscal 2009

Fleetwood Reports Results for Second Quarter and First Six Months of Fiscal 2009

- Company provides updated details on major restructuring plan - RIVERSIDE, Calif., Nov. 25 -- Fleetwood Enterprises, Inc. announced today its results for the second quarter and first half of fiscal 2009 ended October 26, 2008, along with additional details on its major restructuring program intended to stem losses and ... Continue reading

Seventy-Six Percent of Auto Supplier Executives Favor GM Bailout; Estimate 275,000 Jobs Lost at Their Companies

Seventy-Six Percent of Auto Supplier Executives Favor GM Bailout; Estimate 275,000 Jobs Lost at Their Companies

BIRMINGHAM, Mich., Nov. 25 -- In a spot survey last week of 270 supplier executives representing 185 companies, 76 percent said they support a federal government bailout of General Motors. Without it, they said they'd have to downsize or close, resulting in over 275,000 people losing jobs at their companies. While the ... Continue reading

INDYCAR SERIES NOTES - November 25, 2008

INDYCAR SERIES NOTES - November 25, 2008

1. Fisher leads food drive: Sarah Fisher Racing will kick off the 2008 holiday season with a “12 Days of Christmas Food Drive” to support the St. Vincent DePaul Food Pantry in Indianapolis. The SFR Race Shop, O'Gara's Irish Pub and Lamping Cleaners will serve as collection sites for non-perishable food donati ... Continue reading

Baker Among The Elite After Winning Rookie Of The Year Award

Baker Among The Elite After Winning Rookie Of The Year Award

Baker among the elite after winning Rookie of the Year award DELAWARE, Ohio (Nov. 25) -- Less than 48 hours before the start of the 2008 JEGS ProMod Challenge, a spot opened in the 24-car field of the ACDelco NHRA Gatornationals in Gainesville, Fla., when Mike Knowles crashed during a preseason test session. Logistical ... Continue reading

L.A. Racing School at Toyota Speedway at Irwindale Holds Event for Fire Victims

L.A. Racing School at Toyota Speedway at Irwindale Holds Event for Fire Victims

LOS ANGELES--L.A. RACING is the ultimate California Racing Experience located at the Toyota Speedway at Irwindale, just 20 minutes from L.A. In response to the needs of victims of the recent fires, L.A. RACING has formed L.A. FUND RACING. On Sunday, December 7, from 1-4PM, bring a new unwrapped toy, clothing or canned ... Continue reading

MARCOS AMBROSE AUSTRALIAN MEDIA CONFERENCE

MARCOS AMBROSE AUSTRALIAN MEDIA CONFERENCE

QUESTION: It must have been a bit of a whirlwind over the past three years, but it’s obviously nice to spend some time at home here in Tasmania? MARCOS AMBROSE: Thanks for having me. It’s been a whirlwind this year. I feel like I’m always fighting time and sleep. It’s nice to get away from the NASCA ... Continue reading

Spec Racer Ford and Formula Vee Action on SPEED Wednesday

Spec Racer Ford and Formula Vee Action on SPEED Wednesday

TOPEKA, Kan. November 25, 2008: Two of the most popular classes in SCCA Club Racing will hit the airwaves, Wednesday, Nov. 26, on SPEED. The Spec Racer Ford and Formula Vee National Championship races should serve as the perfect Thanksgiving interlude. Programming begins at noon (EST), with a classic Spec Racer Ford sh ... Continue reading

PORSCHE, DALLARA and LIFELINE FIRE & SAFETY SYSTEMS

PORSCHE, DALLARA and LIFELINE FIRE & SAFETY SYSTEMS

Oxford, UK. November 27, 2008: Porsche's Thomas Laudenbach, Dallara's Dialma Zinelli and Lifeline boss Jim Morris were all present in Oxford to receive the World Motorsport Symposium Awards, organised by the publishers of RACE TECH, Bernoulli and Moto Tech magazines, which honoured their achievements in 2008. Thomas La ... Continue reading

All-New 2010 MAZDA3 5-Door to Make World Debut at 2008 Bologna Motor Show

All-New 2010 MAZDA3 5-Door to Make World Debut at 2008 Bologna Motor Show

IRVINE, Calif., Nov. 25 -- Mazda Motor Corporation will showcase the world premiere of the all-new 2010 MAZDA3 5-Door at the Bologna Motor Show on December 3, 2008. The launch of the MAZDA3 5-Door follows on the heels of the debut of the 4-Door sedan, which made its world premiere at the current Los Angeles Auto Show. ... Continue reading

SAIC Sets Up $293 Mln Hybrid Technology JV

SAIC Sets Up $293 Mln Hybrid Technology JV

SAIC sets up $293 mln hybrid technology JV http://www.gasgoo.com/auto-news/1008501/SAIC-sets-up-293-mln-hybrid-tec hnolo gy-JV.html Shanghai, November 25 (Gasgoo.com) SAIC Motor Corp Ltd said its board has approved a plan to set up a joint venture with its parent company, Shanghai Automotive Industry Corp (SAIC) with a ... Continue reading

Geely To Launch "Small Rolls-Royce" By 2011

Geely To Launch "Small Rolls-Royce" By 2011

Geely to launch "small Rolls-Royce" by 2011 http://www.gasgoo.com/auto-news/1008508/Geely-to-launch-small-Rolls-Roy ce-by -2011.html Shanghai, November 25 (Gasgoo.com) Last week at the Guangzhou auto show, Geely Auto launched its small car Panda and other two new models code-named FC-2, FC-3, which will go on sale in J ... Continue reading

Honda President Downplays BYD Electric Car

Honda President Downplays BYD Electric Car

Honda president downplays BYD electric car http://www.gasgoo.com/auto-news/1008507/Honda-president-downplays-BYD-e lectr ic-car.html Shanghai, November 25 (Gasgoo.com) In a recent interview by auto163.com, Honda President Takeo Fukui said he didn¡¯t think highly of BYD¡¯s research and development of electric cars. ... Continue reading

Daihatsu - Company Car Of Choice

Daihatsu - Company Car Of Choice

Compact car specialist Daihatsu is combating the changes in tax rules that under the current regime penalise both employees and employers where thirsty, instead of environmentally-friendly vehicles, are provided. ... Continue reading

LTI's Sophia Is Named Apprentice Of The Year

LTI's Sophia Is Named Apprentice Of The Year

Iconic London Taxi manufacturers LTI are celebrating the news that one of their bright young sparks has been pronounced as apprentice of the year at the EEF Annual Engineering Apprentice of the Year Awards 2008. ... Continue reading

Improved Performance - Lower Consumption Bosch Provides Gasoline Direct Injection To The New Ferrari California

Improved Performance - Lower Consumption Bosch Provides Gasoline Direct Injection To The New Ferrari California

The launch of the Ferrari California marks the Italian sports carmaker's first production engine with direct gasoline injection. Bosch supplies the complete V8 engine injection system, which was developed in close collaboration with Ferrari's engineers. ... Continue reading

Delphi to Seek Continuation of Hearings on GM Agreements and DIP Accommodation Agreements

Delphi to Seek Continuation of Hearings on GM Agreements and DIP Accommodation Agreements

Delphi Corp. today announced that it asked the U.S. Bankruptcy Court for the Southern District of New York at today's monthly omnibus hearing to defer completing the hearings on Delphi's GM Arrangement Second Amendment Agreement Approval Motion and Debtor-In Possession (DIP) Accommodation Motion until Dec. 1, 2008, pen ... Continue reading

All Textiles In All Volvo Models Oeko-Tex Certified To Be Allergy-Friendly

All Textiles In All Volvo Models Oeko-Tex Certified To Be Allergy-Friendly

Volvo Cars is the only manufacturer in the car industry with a complete model range featuring textiles that are so clean that they are certified according to the Oeko-Tex standard. The textile standard was introduced at the beginning of the 1990s by textile research institutes as a response to the needs of consumers an ... Continue reading

2009 Saab 9-3 Sport Sedan, SportCombi and Convertible Keep IIHS Top Honors Secure

2009 Saab 9-3 Sport Sedan, SportCombi and Convertible Keep IIHS Top Honors Secure

This is the fifth consecutive year that the 9-3 Sport Sedan has brought home IIHS top honors, a unique achievement in the luxury segment. For 2007 the 9-3 earned the Top Safety Pick Award, in 2006 the 9-3 earned the Top Safety Pick - Gold Award and received a Double Best Pick crash-test rating for 2005. ... Continue reading

Abu Dhabi Hosts 2010 Chevrolet Camaro Regional Premiere

Abu Dhabi Hosts 2010 Chevrolet Camaro Regional Premiere

The hottest new sports car on the scene, the 2010 Chevrolet Camaro is set to steal the spotlight on its regional premiere at the upcoming 2008 Abu Dhabi International Motor Show in mid December. ... Continue reading

ZAP Delivers New 4-Wheel Electric Truck

ZAP Delivers New 4-Wheel Electric Truck

SANTA ROSA, CA Nov 25, 2008; Electric car pioneer ZAP is providing fleets with a better solution when it comes to 100 percent electric, plug-in transportation with the introduction of its four-wheel ZAP Truck XL. The new addition to ZAP's line offers an 800 pound payload. Electric trucks like ZAP's new XL fill a growin ... Continue reading

Audi Provides Future Managing Directors With The Skills They Need

Audi Provides Future Managing Directors With The Skills They Need

In an effort to ensure a smooth change of generations at Audi dealerships, AUDI AG and its dealers specifically invest in junior employees and prepare them for the position of Managing Director. This year, ten candidates completed the 22-months training course. ... Continue reading

Tata Will Unveil The Xenon Super CNG At Motor Expo

Tata Will Unveil The Xenon Super CNG At Motor Expo

Tata Motors (Thailand) is launching the Xenon Super CNG pickup truck at the forthcoming Bangkok International Motor Expo 2008, starting November 29. The TATA Xenon Super CNG is Thailand's first pickup truck with a factory-installed 100-per cent CNG system. It offers one of the better energy-saving options available in ... Continue reading

Honda Begins Leasing FCX Clarity Fuel Cell Vehicle in Japan

Honda Begins Leasing FCX Clarity Fuel Cell Vehicle in Japan

Honda Motor Co., Ltd. began leasing the FCX Clarity fuel cell vehicle in Japan, delivering the first vehicle to the Ministry of the Environment. This transaction follows directly upon a completed lease to the Ministry of the FCX fuel cell vehicle, predecessor to the FCX Clarity. Initially, Honda plans to lease the FCX ... Continue reading

Ac Schnitzer Presents New Components And More Power For The E90/91 Facelift

Ac Schnitzer Presents New Components And More Power For The E90/91 Facelift

For 33 years, the 3-series has been the sporting choice in the mid-range. Sufficient reason not just for BMW to refine the reliable performer with some effective modifications. So AC Schnitzer has upgraded the facelifted saloon and Touring models with new front spoiler elements for vehicles with and without M-Technik p ... Continue reading

A Gift For Men With Drive - The Lorinser Collection "Men Jacket"

A Gift For Men With Drive - The Lorinser Collection "Men Jacket"

If it's up to Sportservice Lorinser, men will be able to dress warmly for Christmas 2008, and perhaps they'll even find a well-meaning donor: of course we're talking about the new Men Jacket from the avant-garde fashion collection of the well-known vehicle manufacturer from Winnenden. And if it were red instead of blac ... Continue reading

Australian tennis player, Mark Philippoussis' Hummer goes under the hammer

Australian tennis player, Mark Philippoussis' Hummer goes under the hammer

The metallic blue Hummer H1 originally owned by Mark Philippoussis sold unreserved for $69,000 at Shannons Melbourne Summer Auction on November 24 after an exciting serve and volley duel amongst a dozen floor and telephone bidders. ... Continue reading

World Debut for All-New Mazda3 Five-Door Hatchback at the 2008 Bologna Motor Show

World Debut for All-New Mazda3 Five-Door Hatchback at the 2008 Bologna Motor Show

Mazda Motor Corporation will hold the world premiere of the new-generation Mazda3 five-door hatchback at the Bologna Motor Show on December 3, 2008. ... Continue reading

GM: Death of an American dream

GM: Death of an American dream

General Motors was the Great American Company. But by clinging to the attributes that made it an icon, GM drove itself to ruin. By Alex Taylor III, senior editor Fortune Magazine: Back in 2004, when it was still relatively flush, General Motors invited automotive journalists to the South of France for a three-day "glob ... Continue reading

Edelman Asia 'goodpurpose' Study: Economic Crisis and Product Safely Issues Drive Consumers to Focus on Brands' Social Purpose

Edelman Asia 'goodpurpose' Study: Economic Crisis and Product Safely Issues Drive Consumers to Focus on Brands' Social Purpose

Hong Kong, Nov 24, 2008; A study of consumers in China, India, and Japan shows that despite the economic downturn, a strong majority think it is important to purchase products and brands they perceive to be socially responsible (China 90%, India 90% and Japan 64%). The study is part of a 10-market global study called ' ... Continue reading

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