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December 2008

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Thursday, December 4, 2008

What's 2009's Top Luxury Car? NADAguides.com Picks the Audi A8 L

What's 2009's Top Luxury Car? NADAguides.com Picks the Audi A8 L

HERNDON, Va., Dec. 4 -- NADAguides.com, a leading online site for vehicle pricing and information, picked the Audi A8 L as the No.1 choice in its ranking of the Top 5 Luxury Cars for 2009. The editors of the Web site said the Audi A8 L topped its list "due to its ultra-luxurious cabin, complete with leather and wood in ... Continue reading

Tire Rack Begins 15th Year of SCCA Solo Sponsorship

Tire Rack Begins 15th Year of SCCA Solo Sponsorship

TOPEKA, Kan. December 4, 2008: For the 15th-consecutive year, Tire Rack® will be the title sponsor of the SCCA National Solo program. Tire Rack’s support of the Solo program continues to be the longest-running major sponsorship in SCCA. Tire Rack’s Solo sponsorship began with the Solo Nationals in 1995 and ... Continue reading

AMA members get 10 percent off at Bikebandit.com for the holidays

AMA members get 10 percent off at Bikebandit.com for the holidays

American Motorcyclist Association News Release ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~ Dec. 4, 2008 FOR IMMEDIATE RELEASE Contact: Pete terHorst Phone: (877) 877-8969 E-mail: peter.terhorst@sympoint.com [mailto:peter.terhorst@sympoint.com] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ... Continue reading

Penske Racing and Porsche Team Up For 2009 Grand-Am Rolex Sports Car Series

Penske Racing and Porsche Team Up For 2009 Grand-Am Rolex Sports Car Series

For Immediate Release Contact: Terry Jarrell (704) 799-8356 terry.jarrell@penskeracing.com Penske Racing and Porsche Team Up For 2009 Grand-Am Rolex Sports Car Series MOORESVILLE, N.C. (December 4, 2008) - Penske Racing today announced that the organization will campaign the No. 7 Penske Porsche Riley Daytona Prototype ... Continue reading

Polls and the U.S. Auto Industry

Polls and the U.S. Auto Industry

WASHINGTON, Dec. 4 /PRNewswire-USNewswire/ -- The intense debate underway about the future of the American auto industry has generated a lot of discussion about the public's attitudes. "Right now, the American people are justifiably very concerned about the state of our economy and an overriding fear for their futures, ... Continue reading

Detroit 3 CEOs Make Headway In Senate Hearing

Detroit 3 CEOs Make Headway In Senate Hearing

WASHINGTON, DC December 4, 2008: According to Harry Stoffer, writing for Automotive News, the Detroit 3 CEOs won a warmer reception in Congress today than they did two weeks ago as Senate leaders said they were searching ways to provide emergency loans. "I don't think we want to walk away without trying to get somethin ... Continue reading

TRW Automotive Withdraws Full-Year 2008 Guidance on Continued Weakness in Global Automotive Markets

TRW Automotive Withdraws Full-Year 2008 Guidance on Continued Weakness in Global Automotive Markets

LIVONIA, Mich., Dec. 4 -- TRW Automotive Holdings Corp. , today announced the withdrawal of its Full-Year 2008 sales and earnings guidance, which was last provided on October 30, 2008. (Logo: http://www.newscom.com/cgi-bin/prnh/20010824/TRWLOGO ) In recent weeks and subsequent to providing the 2008 Full-Year guidance o ... Continue reading

Cascade Corporation Announces Financial Results for the Third Quarter Ended October 31, 2008

Cascade Corporation Announces Financial Results for the Third Quarter Ended October 31, 2008

PORTLAND, Ore.--Cascade Corporation today reported its financial results for the third quarter ended October 31, 2008. Overview Net sales of $139.1 million for the third quarter of fiscal 2009 were 3% lower than net sales of $143.1 million for the prior year third quarter. Net income of $10.4 million ($0.94 per diluted ... Continue reading

Commercial Vehicle Group Announces Organizational Changes

Commercial Vehicle Group Announces Organizational Changes

NEW ALBANY, Ohio, Dec. 4 -- Commercial Vehicle Group, Inc. today announced the realignment of its management team to support its strategic initiatives. The Company cited changes in its operating environment, the global commercial vehicle industry and general economic conditions as the primary reasons for the changes. " ... Continue reading

REV announces 92% efficient AC Direct Drive Powertrain for its zero emission FORD electric vehicle conversions

REV announces 92% efficient AC Direct Drive Powertrain for its zero emission FORD electric vehicle conversions

REV announces 92% efficient AC Direct Drive powertrain for its zero emission FORD Ranger and Escape electric vehicle conversions > December 4, Vancouver BC. Today REV Technologies introduced the REV AC Direct Drive system which offers 92% energy efficiency for their electric vehicle conversions. The new technology repl ... Continue reading

C O R R E C T I O N -- Fisker Automotive, Inc.

C O R R E C T I O N -- Fisker Automotive, Inc.

In the news release, "Fisker Automotive's First Production Vehicle, the Fisker Karma, to Be Showcased at the North American International Auto Show (NAIAS)," issued Tuesday, Dec. 2, by Fisker Automotive, Inc. over PR Newswire, the Overall Vehicle Specifications, Acceleration ('sport' mode), should read "0-60 miles/hour ... Continue reading

MOWLEM: CORSA SHAPING MOTORSPORTS' FUTURE

MOWLEM: CORSA SHAPING MOTORSPORTS' FUTURE

Johnny Mowlem has re-signed with Corsa Motorsports for the 2009 American Le Mans Series in the team's hybrid Zytek LMP1. Since 1999, Johnny Mowlem has been competing in the American Le Mans Series. As one of the most experienced drivers on the grid, Mowlem talks about his dual 2008 season, first behind the wheel of a G ... Continue reading

Toyota RAV4 Production Underway in Canada

Toyota RAV4 Production Underway in Canada

WOODSTOCK, Ontario, Dec. 4 -- A ceremony today at Toyota's new manufacturing facility here officially kicked-off production of the RAV4 sport utility vehicle. The plant represents an investment of CAN$1.1 billion and boosts Toyota's investment in Canada to approximately CAN$5.6 billion. Ontario Premier Dalton McGuinty ... Continue reading

All-New Mazda3 at Bologna Motor Show - VIDEO ENHANCED

All-New Mazda3 at Bologna Motor Show - VIDEO ENHANCED

The all-new Mazda3 builds on the virtues of the first generation and reflects increasing concern with environmental issues, the rapid growth of car ownership and fresh diversity in the criteria people use to value cars. ... Continue reading

Nissan NV2500 Concept Makes World Debut - Previews Nissan's Entry Into U.S. Commercial Vehicle Market

Nissan NV2500 Concept Makes World Debut - Previews Nissan's Entry Into U.S. Commercial Vehicle Market

FARMINGTOM HILLS, Mich., Dec. 4 -- Nissan North America, Inc. (NNA) today unveiled the Nissan NV2500 Concept at a media event at its Nissan Technical Center North America's (NTCNA) Michigan headquarters. The NV2500 Concept provides an original take on Commercial Vehicle (CV) design, as well as providing a preview of Ni ... Continue reading

Motorsports Industry Trade Show Begins in Indianapolis

Motorsports Industry Trade Show Begins in Indianapolis

3D> For Immediate Release Contact: Tom Weisenbach 317-387-9680 tom@indianamotorsports.org Contact: Chris Paulsen 317-293-4100 chrisp@crracing.com Motorsports Industry Trade Show Begins in Indianapolis Inaugural event will make debut in December 2009 INDIANAPOLIS (December 4, 2008) - The racing industry will be welcomed ... Continue reading

Meanwhile...The Gasoline Companies Are Silent

Meanwhile...The Gasoline Companies Are Silent

With just the profits from the past year ExxonMobil could fund the Big Three bailout loan. With just a few months of what the U.S. spends to protect and defend Saudi and Kuwaiti oil wells we could fund the bailout loans, build domestic Li battery factories, and get the Yankees some decent pitching. We've said it before ... Continue reading

Pratt & Miller Introduces Two New Corvette Models

Pratt & Miller Introduces Two New Corvette Models

Corvette Racing Champion, Ron Fellows, Helps Roll Out New Editions; Kids from Detroit Academy of Arts and Sciences Build First Corvette RIDEZ; Donations Made to Mitch Albom's Dream Fund and Annual Adopt-A-Shelter Christmas Party NEW HUDSON, Mich., Dec. 4 -- Today at 10:00 a.m. at their manufacturing facility and Corvet ... Continue reading

HANS Device Wins 2008 SAE Award

HANS Device Wins 2008 SAE Award

ATLANTA, Dec. 4 -- The Sport Series HANS Device has been presented the 2008 SAE Motorsports Engineering Conference Award. The award recognizes significant contributions to the racing community through research and engineering. The Sport Series HANS Device exceeded the criteria for the award which included objectives su ... Continue reading

Cooper-Standard Automotive Inc. Names Deykes to Vice President

Cooper-Standard Automotive Inc. Names Deykes to Vice President

NOVI, Mich., Dec. 4 -- Cooper-Standard Automotive recently promoted Doug Deykes to vice president, Internal Audit. In this position, he will be responsible for Cooper-Standard's Internal Audit and Internal Control / Global Compliance activities. Deykes will report functionally to the Cooper-Standard Automotive Board of ... Continue reading

Ricardo Selected to Supply Seven-Speed Dual-Clutch Transmission

Ricardo Selected to Supply Seven-Speed Dual-Clutch Transmission

VAN BUREN TWP., Mich., Dec. 4 -- Ricardo has been selected as supplier of the seven-speed dual-clutch transmission (DCT) for the upcoming convertible version of Bugatti's highly successful Veyron supercar. The seven-speed DCT, first developed for the coupe version of the Veyron, is the result of a highly successful col ... Continue reading

Ituran Location and Control Ltd Gives Notice of Annual General Meeting of Shareholders

Ituran Location and Control Ltd Gives Notice of Annual General Meeting of Shareholders

AZOUR, Israel, December 4 -- Ituran Location and Control Ltd. , announced today that the annual general meeting of shareholders of Ituran Location and Control Ltd. (the "Company") will be held at the Company's headquarters located at 3 Hashikma Street, Azour, Israel, on January 22, 2009, at 3 p.m. local time for the fo ... Continue reading

Edmunds.com Suddenly Wakes Up and Discovers The Big Three Are in Trouble

Edmunds.com Suddenly Wakes Up and Discovers The Big Three Are in Trouble

SANTA MONICA, Calif.--If the Detroit Three receive a loan from the federal government, it could just prolong their lifespan without curing their illness, according to Edmunds.com. “Getting the loan is an important first piece of the puzzle, but will not be enough on its own,” remarked Edmunds.com Chief Execut ... Continue reading

Cobalt Wins Achievement in Customer Satisfaction (ACE) Award for the Fourth Year in a Row

Cobalt Wins Achievement in Customer Satisfaction (ACE) Award for the Fourth Year in a Row

Cobalt wins the CustomerSat Achievement in Customer Excellence (ACE) Award in Three Categories in 2008 SEATTLE, Dec. 4 -- The Cobalt Group, Inc., the leading provider of marketing services to the retail automotive industry, today announced that it was the recipient of the 2008 annual customer satisfaction award, titled ... Continue reading

Hayes Lemmerz Third Fiscal 2008 Quarter Net Loss

Hayes Lemmerz Third Fiscal 2008 Quarter Net Loss

NORTHVILLE, Mich., Dec. 4 -- Hayes Lemmerz International, Inc. today announced that its sales for the third fiscal quarter of 2008 were $497.0 million, down 10% from $554.9 million a year earlier. The Company reported sales of $1.634 billion for the nine months ended October 31, 2008, up slightly from $1.598 billion a ... Continue reading

China's Nov Passenger Car Sales Down 15%

China's Nov Passenger Car Sales Down 15%

China's Nov passenger car sales down 15% http://www.gasgoo.com/auto-news/1008601/China-s-Nov-passenger-car-sales -down -15.html Shanghai, December 4 (Gasgoo.com) As a slowing domestic economy dented consumer confidence, China's passenger vehicle sales in November fell about 15% from one year earlier, Reuters quoted a r ... Continue reading

Most Auto Dealerships In China Lack Cash Flow

Most Auto Dealerships In China Lack Cash Flow

Most auto dealerships in China lack cash flow http://www.gasgoo.com/auto-news/1008607/Most-auto-dealerships-in-China- lack- cash-flow.html Shanghai, December 4 (Gasgoo.com) Car dealers in China are feeling the chill of financial crisis. Sales of their vehicles have dropped and meanwhile their operations are blocked by ... Continue reading

More Chinese To buy German Cars If US Big 3 Fall

More Chinese To buy German Cars If US Big 3 Fall

More Chinese to buy German cars if US Big 3 fall http://www.gasgoo.com/auto-news/1008610/More-Chinese-to-buy-German-cars -if-U S-Big-3-fall.html Shanghai, December 4 (Gasgoo.com) More than 50% of Chinese consumers will choose to buy a German brand car if the US' "big-three" automakers - GM, Ford and Chrysler, do fall, ... Continue reading

Toyota Presents The New Avensis: Built In Britain

Toyota Presents The New Avensis: Built In Britain

The all-new, third generation Toyota Avensis delivers more style, higher performance, improved fuel economy and lower emissions. Toyota's flagship model in Europe, built exclusively at its Burnaston factory in the UK, benefits from athletic, contemporary styling, superb build quality and advanced engineering. ... Continue reading

Alfa 159 Limited Edition Is Loaded With Extra Gadgets

Alfa 159 Limited Edition Is Loaded With Extra Gadgets

To celebrate the launch of the Alfa 159 Limited Edition, the Italian sporting marque is giving motorists the chance to win ready-to-race James Bond Quantum of Solace Scalextric sets featuring the Aston Martin DBS and the Alfa 159. ... Continue reading

Antonov Secures Customers For 6-Speed Automatic Transmission In China

Antonov Secures Customers For 6-Speed Automatic Transmission In China

The Board of Antonov is pleased to announce that it has secured its first confirmed customer in China for its new TX6 six-speed automatic transmission system. Following the recent demonstration of its technology in Chong Qing, PR China, Antonov has now received formal interest from Lifan Motors in relation to installin ... Continue reading

Quality Used Vehicles From LTI Vehicles

Quality Used Vehicles From LTI Vehicles

For the best deals on quality used TX1's, TXII's and TX4's head down to LTI Vehicles' network of UK dealerships. Each dealership offers an extensive choice of models and specifications from stock, supported by experienced sales and technical teams. ... Continue reading

Maserati At The Bologna Motor Show Under The Flag Of Its Sporty DNA

Maserati At The Bologna Motor Show Under The Flag Of Its Sporty DNA

The MC Sport Line customisation programme focuses on Maserati's racing heritage fresh from its latest international triumph in the FIA GT championship with the Bertolini-Bartels duo in Argentina, the land of Juan Manuel Fangio. ... Continue reading

Cadillac CTS-V And Provoq Concept To Star For Liberty At The 2008 Abu Dhabi International Motor Show

Cadillac CTS-V And Provoq Concept To Star For Liberty At The 2008 Abu Dhabi International Motor Show

Cadillac's most powerful vehicle ever, the all-new CTS-V, will be the star of the Liberty Abu Dhabi Automobiles Co. stand at the 2008 Abu Dhabi International Motor Show. Making its Middle East premiere in the city, the CTS-V will be appearing alongside regional show premieres for the Cadillac Escalade Platinum and HUMM ... Continue reading

Japan's Big Two Slow Domestic Production - Make Cuts

Japan's Big Two Slow Domestic Production - Make Cuts

TOKYO December 4, 2008; Yuri Kageyama writing for the AP reported that Toyota and Honda are starting to feel the pinch of the global slowdown at home. On Thursday, Japan's biggest automaker said it was suspending production at a third plant later this month as it tries to cope with falling demand in the U.S. and around ... Continue reading

Audi Foyer is Launched at New Melbourne Recital Centre

Audi Foyer is Launched at New Melbourne Recital Centre

The main foyer of the soon-to-be opened Melbourne Recital Centre (MRC) will carry the name of Australia's fastest growing luxury car brand, Audi. ... Continue reading

Volkswagen Tiguan Wins in Australia's Best Car Awards

Volkswagen Tiguan Wins in Australia's Best Car Awards

Volkswagen's diesel Tiguan, has won the Best Recreational Four Wheel drive award at the prestigious 'Australia's Best Car Awards' for 2008. ... Continue reading

Holden Commodore Omega Sedan Achieves 5-Star Safety Rating

Holden Commodore Omega Sedan Achieves 5-Star Safety Rating

GM Holden today acknowledged ANCAP's confirmation of a maximum five star safety rating for the upgraded VE Commodore Omega sedan, Holden's highest selling locally produced model. ... Continue reading

Ferrari Challenge at the Bologna Motor Show

Ferrari Challenge at the Bologna Motor Show

A special event will take place this coming weekend at the MotorSport Stadium track, put up for the 33rd International Motor Show, hosted by the city of Bologna. On Saturday, 6th December, fifteen cars from the Italian series of the Ferrari Challenge Pirelli Trophy will enter the arena used for the show's on-track even ... Continue reading

Hyundai and Newcastle Jet Kick Goals for Football in Garden Suburb

Hyundai and Newcastle Jet Kick Goals for Football in Garden Suburb

On the 30th November, 2008, Garden Suburb Junior Soccer Club accepted a cheque from Hyundai Motor Company Australia, after being selected by the Newcastle Jets as the beneficiary of the Hyundai Goals for Grassroots program. ... Continue reading

Subaru Forester First Again

Subaru Forester First Again

The symmetrical All-Wheel Drive Subaru Forester again topped the SUV Compact sales charts in November, according to official VFACTS figures released today. ... Continue reading

Suzuki Australia Sales Continue to Shine

Suzuki Australia Sales Continue to Shine

Suzuki remains on track for a sixth successive record sales year despite the gloom surrounding the automotive market. ... Continue reading

Hyundai Australia Appoints Dan Hawkins as New General Manager Business Sales

Hyundai Australia Appoints Dan Hawkins as New General Manager Business Sales

Mr. Hawkins brings to Hyundai over 24 years experience within the Automotive, Fleet Management and Leasing industries, holding numerous technical, operational and sales focussed roles. Mr. Hawkins joins Hyundai Motor Company Australia from sgfleet where he held the position of Sales Manager Northern Region, NSW, ACT an ... Continue reading

Honda Foundation Contributes $500,000 Towards Medical Research

Honda Foundation Contributes $500,000 Towards Medical Research

The Honda Foundation will contribute $500,000 towards establishing a dedicated pandemic influenza research facility as part of a five-year commitment to Griffith University's Institute for Glycomics. ... Continue reading

Hyundai Santa Fe Awarded New Zealand's Most Efficient Large SUV

Hyundai Santa Fe Awarded New Zealand's Most Efficient Large SUV

Hyundai's Diesel powered Santa Fe has claimed the large lifestyle vehicle class in the AA Energywise economy rally returning an outstanding fuel economy average of just 5.9 litres per 100km over the four day, 1,641km trial to find New Zealand's most cost-effective vehicles to operate. ... Continue reading

Hollywood Drives BlueTEC: Stars from Motion Pictures, Television and Music Go Green with Mercedes-Benz BlueTEC Technology

Hollywood Drives BlueTEC: Stars from Motion Pictures, Television and Music Go Green with Mercedes-Benz BlueTEC Technology

When Academy Award Nominee Naomi Watts recently celebrated her 40th birthday in Los Angeles, her partner Liev Schreiber (X-Men, The Manchurian Candidate) surprised her with a spectacular present; a Mercedes-Benz ML 320 BlueTEC luxury SUV. ... Continue reading

Shanghai GM launches new Buick Regal in China

Shanghai GM launches new Buick Regal in China

Shanghai GM launched a new model of its self-developed brand the Buick Regal earlier this week. ... Continue reading

Phylla, a Zero-Emission Vehicle from Italy is Unveiled in Turin

Phylla, a Zero-Emission Vehicle from Italy is Unveiled in Turin

Late last week a host of Italian VIP people were invited to the Environment Park in Turin to try out a new minicar. Called Phyllis, it is an innovative zero-emission vehicle, developed with assistance from Fiat. ... Continue reading

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