Why It's Essential for Congress to Provide Financial Stimulus to the U.S. Auto Industry
The Fate of the Industrialized World Hangs In the Balance This Is Not Merely Issue of Protecting a Segment of the Work Force; itâs an Issue of Societal Progress By Marc J. Rauch Exec. Vice President/Co-Publisher Innovation has almost always been the stimulus to advance human civilization. Sometimes the innovations ... Continue reading
Chuck Squatriglia's Top 10 Best Songs about Cars
Washington DC November 26, 2008; The AIADA newsletter reported that as Americans everywhere prepare for the annual Thanksgiving slog over the river and through the woods to grandmother's house, the car blog Autopia has compiled an auto-themed playlist to keep us from falling into a tryptophan-induced stupor on the long ... Continue reading
The Car of the Future - But at What Cost?
Washington DC November 26, 2008; The AIADA newsletter reported that many members of Congress believe they know what the car company of the future should look like. "A business model based on gas -- a gas-guzzling past -- is unacceptable," Sen. Charles E. Schumer (D-N.Y.) said last week. "We need a business model based ... Continue reading
PHILADELPHIA--The Pep Boys â Manny, Moe & Jack , the nationâs leading automotive aftermarket retail and service chain, offers drivers simple tips to get their vehicles ready for holiday road trips and travel. According to the American Automobile Association (AAA), with todayâs national average price of g ... Continue reading
Daimler, Cerberus Hit Snag In Chrysler Stake Talks
FRANKFURT/DETROIT, November 26, 2008: According to Reuters, U.S. private equity firm Cerberus has demanded billions of dollars in compensation from Daimler (DAIGn.DE: Quote, Profile, Research, Stock Buzz) as part of a deal to buy the remaining 19.9 percent stake in Chrysler, Daimler said on Wednesday. The demand -- for ... Continue reading
NASA Rally Sport's Atlantic Rally Cup - 2009 Announcement
For Immediate Release - Raleigh, North Carolina, November 26, 2008 ATLANTIC RALLY CUP ANNOUNCES FIFTY PERCENT LARGER SERIES FOR 2009 *Additional event in the New Hampshire *Additional event in Florida *Six events now cover snow, sand, pavement, and gravel The Atlantic Rally Cup is pleased to announce their schedule for ... Continue reading
Cascade Corporation Announces Third Quarter Fiscal 2009 Earnings Call
PORTLAND, Ore.--Cascade Corporation, , a leading international manufacturer of lift truck attachments, forks and accessories, will host a conference call to report third quarter fiscal 2009 results on Thursday, December 4, 2008 at 2:00 pm PST. Conference Call Information Robert C. Warren, Jr., President and Chief Execu ... Continue reading
Audi at the Essen Motor Show - Race Version Of The Audi R8 In The Limelight
Audi is set to present a world premiere at the Essen Motor Show from November 28 to December 7: the brand with the four rings will be unveiling a race version of the Audi R8 with over 500 horsepower. During the press conference on November 28, Audi will also be presenting its plans for the 2009 motorsport season. This ... Continue reading
The 79th Geneva International Motor Show is a sell-out!
The automobile industry will be fully represented at the next Geneva International Motor Show in the spring of 2009. The organizers of the Show are delighted that all of the major automobile manufacturers will be exhibiting in spite of the alarming developments in the industry during the past few weeks. New for this ye ... Continue reading
Bentley will host an extraordinary driving experience in February and March 2009 ...with the remote snowscape of Finland as a backdrop. ... Continue reading
Olympic Champion Usain Bolt tests the BMW M3; Its Love at First Sight
Munich. November 26, 2008; The world record in the men's 100 meters stands at 9.69 seconds, whilst a BMW M3 Coupe is capable of reaching 100 km/h in 4.6 seconds. Starting today, three-time Olympic champion Usain Bolt knows what it feels like to travel at both speeds because the 22-year old Jamaican was able to experien ... Continue reading
Negotiations On Redemption Of Chrysler Shares More Difficult
Stuttgart, November 26, 2008, The negotiations between Daimler AG (stock exchange abbreviation DAI) and Cerberus Capital Management LLC on the redemption of Daimlerâs 19.9% shareholding in Chrysler Holding LLC (âChryslerâ) and other issues related to Cerberusâs investment in Chrysler have been made ... Continue reading
Toyota Announces Prices for 2009 Tundra Full-Size Pickup
- Flex Fuel and New TRD PACKAGES added - TORRANCE, Calif., Nov. 26 -- Toyota Motor Sales (TMS), U.S.A., Inc., announced manufacturer's suggested retail prices (MSRP) today for the 2009 Tundra full-size pickup truck, reflecting a modest overall average increase of $109, or 0.4 percent on all Tundra models. The base MSRP ... Continue reading
Cerberus Capital Responds to Daimler Press Release
NEW YORK, Nov. 26 -- Cerberus Capital Management, L.P. ("Cerberus"), one of the world's leading private investment firms, issued the following statement in response to Daimler's press release disseminated this morning. "Cerberus and Chrysler have concluded that Daimler intentionally and materially breached its obligati ... Continue reading
Female Racers Have Long History at Talladega
TALLADEGA, Ala. âWhether it has been mixing it up with the boys in stockcar competition or setting speed records, female drivers have a long and storied history at Talladega Superspeedway. Below is a brief look at what several women have accomplished at NASCARâs Most Competitive Track over the years. Lyn St. ... Continue reading
Porsche Backs Away From VW Majority This Year
STUTTGART, November 26, 2008: According to Bettina Mayer, writing for Automotive News Europe, CEO Wendelin Wiedeking said it is increasingly unrealistic to achieve the goal to take control of VW this year in the current economic environment, which is hitting sales of its sports cars. Wiedeking reaffirmed his intention ... Continue reading
Pagenaud returns for 2009 with LMP1 Acura
de Ferran Motorsports Media Release DE FERRAN SECURES PAGENAUD FOR ACURA'S 2009 LMP1 DEBUT INDIANAPOLIS, IN (26 NOVEMBER, 2008) ââ¬â Frenchman Simon Pagenaud will return to the cockpit of the de Ferran Motorsports Acura in 2009 after being re-signed by the team following his impressive rookie year in the Am ... Continue reading
INDIANAPOLIS November 26, 2008: Tony Stewart Racingâs (TSR) USAC driving duo of Levi Jones and Tracy Hines are set to make their final appearance in USAC National Midget Car Series competition this week at Irwindale (Calif.) Speedway. The 68th Annual Turkey Night Grand Prix is slated for Thursday at the half-mile ... Continue reading
Four Audi Models Earn Top Safety Marks in 2009 Awards from IIHS
- Insurance Institute for Highway Safety recognized the Audi A3, A4, A6 and Q7 - Audi has earned multiple IIHS Top Safety Pick awards the past three years - Audi wins more awards than competitors BMW, Mercedes and Lexus HERNDON, Va., Nov. 26 -- Audi's reputation as a leader in automotive safety gained added validation ... Continue reading
Audi A5 Selected by Automobile Magazine as 2009 Design of the Year
- Editors cite "perfect execution" of interior and exterior, as well as coupe's "elegance" - Recognition comes as the Audi A5 continues to set U.S. sales records - This marks the second consecutive Automobile Design of the Year win for Audi HERNDON, Va., Nov. 26 -- Audi accepted Automobile Magazine's 2009 Design of the ... Continue reading
Honda Develops Ecological Drive Assist System for Enhanced Real World Fuel Economy
TOKYO, Japan, November 20, 2008â Honda Motor Co., Ltd. announced the development of the Ecological Drive Assist System, which combines three functions to enhance fuel economy: the ECON Mode utilizes harmonized control of the continuously variable transmission (CVT) and engine to support more fuel-efficient driving ... Continue reading
IMS ANNOUNCES 2009 CENTENNIAL GALA PRESENTING SPONSORS
INDIANAPOLIS, Wednesday, November 26, 2008: Four companies woven deeply into the fabric of the central Indiana community will serve as presenting sponsors for the Indianapolis Motor Speedwayâs Centennial Gala: Just Marketing International, Old National Bank, the Indiana Pacers and Honda. The Gala, which will take ... Continue reading
Roewe 350 to be Built in Nanjing in '09
Roewe 350 to be built in Nanjing in '09 Shanghai, November 26 (Gasgoo.com) The second phase of the MG facility, located in Pukou, Nanjing, has started construction after Chinese auto giant SAIC invested 2.566 billion yuan ($376.24 million), Beijing Youth said today. Construction of the facility, which is to develop an ... Continue reading
BYD F3DM approved for production and sale
BYD F3DM approved for production and sale http://www.gasgoo.com/auto-news/1008517/BYD-F3DM-approved-for-productio n-and -sale.html Shanghai, November 26 (Gasgoo.com) BYD¡¯s electric and hybrid model F3DM has been approved to be mass produced and go on sale, Beijing Times said, citing an announcement by China's Minist ... Continue reading
BMW Brilliance Starts Construction Of 2nd Plant
BMW Brilliance starts construction of 2nd plant http://www.gasgoo.com/auto-news/1008514/BMW-Brilliance-starts-construct ion-o f-2nd-plant.html Shanghai, November 26 (Gasgoo.com) BMW Brilliance Automotive Ltd, German luxury carmaker BMW's joint venture with Brilliance China Auto, has started construction of its second p ... Continue reading
Negotiations on Redemption of Chrysler Shares More Difficult
STUTTGART, Germany, Nov. 26 -- The negotiations between Daimler AG (stock exchange abbreviation DAI) and Cerberus Capital Management LLC on the redemption of Daimler's 19.9% shareholding in Chrysler Holding LLC ("Chrysler") and other issues related to Cerberus's investment in Chrysler have been made considerably more d ... Continue reading
Porsche Achieves New Records in Profit, Turnover and Sales
STUTTGART, Germany--Despite the global economic downswing, Porsche Automobil Holding SE, Stuttgart, has set up new records in the business year 2007/08 (31 July), with profits, turnover, sales, and production reaching new all-time highs. The ongoing success of the Company served furthermore to once again create more jo ... Continue reading
Introducing: The Most Luxurious, Well-Designed And Coolest Ice Scraper In The World
As winter sets in and the temperature falls below zero, the daily commute takes that little bit longer. In fact before you even drive away there is that irritating layer of ice on the windshield to deal with. ... Continue reading
Renault's New Megane Achieves Maximum Score In Euro Ncap Crash Test
With a score of 37 points out of 37 in its Euro NCAP crash tests, Renault's New Mégane has achieved the joint highest-ever score, matching that of Qashqai, from sister company Nissan, last year. ... Continue reading
Lewis's Last Lap At Mercedes-Benz World
As one Lewis sped his way to F1 victory, another has retired from the tarmac. Brooklands veteran, 92 year old Lewis Elgood, recently returned to the historic site to watch his granddaughter follow in the family footsteps. ... Continue reading
Safety Is Key For Female Taxi Driver
November Working in a safe and secure environment is of paramount importance to taxi driver Julie McColgan. As one of only a handful of females operating as a licensed driver in Manchester, she is only too aware of the dangers that are associated with unruly and violent passengers. ... Continue reading
GM Hydrogen4 Fuel Cell Vehicles Set For First Real-World Euro Test
The goal of achieving sustainable mobility with zero emissions came a step closer today when GM announced the European part of its biggest ever test programme for fuel cell vehicles. ... Continue reading
Vauxhall Insignia Achieves Five-Stars In Euro Ncap Safety Test
With an exemplary result of 35 points out of a maximum 37, Euro NCAP has awarded the Vauxhall Insignia a five-star adult occupant rating. The 2009 Car of the Year was also awarded four stars for child protection and two stars for pedestrian protection - the best ratings given so far in the large family car segment. ... Continue reading
GM DAEWOO, Make Kimchi and Share Love!
GM DAEWOO Employee Foundation held a Kimchi-making event for neglected neighbors at the Exhibition Hall of Bupyeong Headquarter on the 22nd. ... Continue reading
Ford Focus Wrapped With Special 'Green' Designs Showcase At '100 Designs To Save The World'
Inspired by 'green' energy in motion, Ford Thailand brand ambassador 'Tata Young' and two leading designers Vasu Virajsilp and Issariya Virajsilp will unveil three Ford Focus wrapped with special graphic designs at the 'Designs to Save the World' show. The country's biggest 'green' design masterpiece exhibition will be ... Continue reading
Citroen Has the Luck of the Irish!
The Citroen C5 has collected Car of the Year awards on opposite sides of the of the world, with the Japanese media presenting the new large Citroen with its import of the year award, while in Ireland the Semperit Irish Car of the Year award for the C5 was one of five awards collected by the French car maker. ... Continue reading
Three Hyundai Models Earn Top Safety Pick Awards
For a second year in a row, three Hyundai models earned the Insurance Institute for Highway Safety's (IIHS) Top Safety Pick award. The Hyundai Veracruz and Santa Fe received awards in the midsize SUV segment and the Hyundai Entourage in the minivan segment. All winning vehicles are recognized for their ability to prote ... Continue reading
Motor Show Seeks 1925 Catalogue
Melbourne Motor Show is celebrating its 75th annual Show with a quest to find a catalogue from the very first International Motor Show in Melbourne in 1925. ... Continue reading
Jaguar Australia Appoints New General Manager
Earlier today David Blackhall, Managing Director, Jaguar Land Rover Australia and New Zealand announced the appointment of Christopher Lidis as General Manager Jaguar Australia replacing Dorian Lapthorne who transferred to the Jaguar Brand Manager's role in China last September. ... Continue reading
Hyundai Announces Blue Drive Environmental Strategy For North America
Hyundai Motor America has announced the launch of Blue Drive an environmental initiative which will bring to market a family of eco-friendly Blue Drive products and establish Hyundai as an environmental leader in the U.S. With Blue Drive products and technologies, Hyundai Motor America will be able to achieve a fleet a ... Continue reading
BMW Earns "Top Safety Pick" Awards for 3 Series Sedan, X5, and X3 in IIHS Ranking of 2009 Models
BMW of North America today announced that the Insurance Institute for Highway Safety (IIHS) has awarded the 2009 BMW 3 Series Sedan, X5, and X3 models the top rating of "Good" in each of its series of crash tests, earning each vehicle the Institute's coveted Top Safety Pick Award. ... Continue reading
Hella Acquires An Interest In The Turkish Trading Company Intermobil
On January 1, 2009, the automotive supplier Hella KGaA Hueck & Co., Lippstadt, will take over 49 percent of the shares in the Turkish vehicle-parts trading company Intermobil, which is based in Istanbul. As the company announced on the occasion of the signing of the contract on November 25, 2008 in Lippstadt, the coope ... Continue reading
Audi Picks Up Multiple 'Auto Trophy' Titles
Readers of the motoring magazine "Auto Zeitung" have voted three Audi models top of their classes at the "Auto Trophy 2008". The poll saw the Audi A4, A6 and R8 pick up three of the year's most sought-after awards. Audi also took first place in the image report on car brands for the fifth time in a row. ... Continue reading
Suzuki Introduces New Alto Lapin in Japan
For more than six years, Suzuki's boxy kei Alto Lapin has been a hit with young Japanese female buyers. Now the second generation went on sale in Japan. ... Continue reading
Volkswagen AG Board of Management Pushes Forward with "Strategy 2018" Project for the Future
The Volkswagen Groupâs 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 projec ... Continue reading
Hayes Lemmerz Reschedules Third Quarter 2008 Financial Results Conference Call to December 4, 2008
NORTHVILLE, Mich., Nov. 25 -- Hayes Lemmerz International, Inc. announced today that the date of its fiscal year 2008 third quarter financial results conference call originally scheduled on Wednesday, December 10, 2008 has been moved to Thursday, December 4, 2008, at 10:00 a.m. (ET). To participate by phone, please dia ... Continue reading
Susan Henderson Named Harley-Davidson, Inc. Vice President, Communications
MILWAUKEE, Nov. 25 -- Susan Henderson, a senior public relations executive, has joined Harley-Davidson, Inc. as Vice President, Communications. In this position, she will develop and direct the company's overall global, strategic communications initiatives. She reports to Jim Ziemer, Chief Executive Officer of Harley-D ... Continue reading
Honda Begins Leasing FCX Clarity Fuel Cell Vehicle in Japan
Tokyo, Nov 25, 2008; 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 pl ... Continue reading
WESTLAKE VILLAGE, Calif., Nov. 25, 2008; New-vehicle buyers are increasingly likely to avoid specific models due to price or gas mileage, according to the J.D. Power and Associates 2008 Avoider Study(SM) released today. The study, now in its sixth year, examines the reasons consumers fail to consider particular models ... Continue reading
Suzuki: GM bankruptcy 100% Impossible
TOKYO, Nov 26, 2008; Chang-Ran Kim writing for Reuters reported that Suzuki Motor Corp (7269.T: Quote, Profile, Research, Stock Buzz) Chief Executive Osamu Suzuki said on Wednesday he believed a Chapter 11 bankruptcy filing by former top shareholder General Motors Corp (GM.N: Quote, Profile, Research, Stock Buzz) was " ... Continue reading
Hyundai Accent Retains Crown as America's Least Expensive Car
FOUNTAIN VALLEY, Calif., Nov. 25 -- The country's most dependable sub-compact car is also its most affordable. The high-mileage 2009 Hyundai Accent has a starting price of $9,970, making it the least expensive new car on the market. But it's also the "Most Dependable Sub-Compact Car" available (as determined by the J.D ... Continue reading
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