Neutron Jack Welsh For Car Czar
Neutron Jack Welsh For Car Czar In trying to think of who can do the job, only one name comes through loudly and clearly and that name is Jack Welsh. His years of corporate management and corporate fat cutting will stand him in good stead in a battle against the entrenched management and their lackey boards. Mr. Welsh ... Continue reading
SANTA MONICA, Calif. December 11, 2008; Miles Electric Vehicles, an American electric vehicle manufacturer based in California, announced today that Kenneth Baker, former GM Electric Vehicle Division program Manager, and John R. Wallace, former Ford Director of Environmental Vehicles, have joined its Board of Advisors. ... Continue reading
CHESTNUT HILL, Mass., Dec. 11 /PRNewswire-USNewswire/ -- The national employment impact of the big three auto manufacturers has been significantly overstated, according to a socioeconomist at Boston College. Frequently-cited figures imply that about 1 in 10 jobs -- or 10 percent of the full-time civilian labor force -- ... Continue reading
DYSON, MAZDA TOGETHER FOR 2009 AND BEYOND
Dyson Racing's 2009 program will feature a pair of Mazda Lola LMP2 coupes with sponsorship from BP. Dyson Racing and MAZDASPEED Motorsports have joined forces for a long-term partnership in the top echelon of American sports car racing. Sponsored by the BP energy company, the team will campaign two Lola LMP2 coupes in ... Continue reading
SCCA Trans-Am Series Returns In 2009
ORLANDO, Fla. December 11, 2009: After a two-year hiatus since its last Champion was crowned, SCCAâs Trans-Am® Series will return in 2009, with a planned eight-race schedule for the series which held its first race in 1966. Five of the eight races were announced today at the Performance Racing Industry show, in ... Continue reading
16th ALLSTATE 400 AT THE BRICKYARD TICKETS ON SALE MONDAY, DEC. 15
INDIANAPOLIS, Thursday, December 11, 2008: Tickets for the 16th annual Allstate 400 at the Brickyard, scheduled for Sunday, July 26, 2009, will go on sale Monday, Dec. 15. As a special incentive for loyal IMS fans, anyone who buys a Race Day ticket between Dec. 15-26 will receive a promotional code good for a 15 percen ... Continue reading
NASHVILLE December 11, 2008: Tickets go on sale Friday (Dec. 12) for the Jan. 9 concert in downtown Nashville’s Sommet Center featuring the award-winning country duo Montgomery Gentry (“Roll with Me,” “My Town,” “Back When I Knew it All”). The concert kicks off the fourth annual Sprint Sound & Speed Prese ... Continue reading
Grand-Am Road Racing Unveils New Logos Reflecting New NASCAR Ownership
ORLANDO, Fla. December 11, 2008: Grand-Am Road Racing unveiled a new set of logos today that will be used to identify America's premier sports car competition series, reflecting NASCAR Holdings new ownership of the Daytona Beach, Fla.-based organization. The distinctive new design features the words "GRAND-AM" in bold ... Continue reading
International Branded Automakers Quiet on Detroit Aid
Washington DC December 11, 2008; The AIADA newsletter reported that on the auto bailout issue, one group has been notably silent: international car companies. Toyota, Honda, Nissan and others have said little about Detroit's request for emergency aid. To date, the international companies, which have invested close to $ ... Continue reading
Sims Presented with TW Steel Watch with McLaren Autosport BRDC Award Success
Amsterdam, The Netherlands December 11, 2008: Last Sundayâs prestigious 2008 Autosport Awards ceremony is celebrated in fitting style in this weekâs edition of Autosport, available today â Thursday 11th December, with TW Steel having enjoyed its first participation in the event as âOfficial Watch Pa ... Continue reading
Edge Products Wins Fuel Economy Challenge
Ogden, UT December 10, 2008: Edge Productsâ Evolution programmer received special recognition at the 2008 SEMA show in Las Vegas as a winner of the SEMA/Auto Club of Southern California Fuel Economy Challenge, proving you donât have to give up performance to get good fuel economy. Over 15 SEMA member companie ... Continue reading
Brabham's Top Tips For Success - Exclusive Free Karting Workshop Only At The Karting Show
Press Release Date: Thursday 11 December 2008 Ref: ASI09/15 Brabhamâs Top Tips For Success â Exclusive Free Karting Workshop Only At The Karting Show Sportscar legend David Brabham will introduce a new free Karting Workshop at the Karting Show 2009, 8-11 January at the NEC Birmingham. The double GT1 Le Mans 2 ... Continue reading
About a dozen years ago, around the same time that The Auto Channel first went online, Richard A. Wright presented a study of the American auto industry in his "A Brief History of the First 100 Years of the Automobile Industry in the United States." We were lucky enough to be allowed to serialize the book and have, of ... Continue reading
Internet Shopping for Used Vehicles Becomes Increasingly Effective
WESTLAKE VILLAGE, Calif., Dec. 11 -- A majority of used-vehicle buyers who use the Internet to conduct vehicle research during the shopping process - more than six in 10 buyers - purchase a vehicle that they find online, according to the J.D. Power and Associates 2008 Used-Vehicle Market Report(SM) released today. This ... Continue reading
Steve Schneider, CEO of ZAP, is the Featured Guest in an Audio Interview at SmallCapVoice.com
AUSTIN, Texas--SmallCapVoice.com, Inc. today announced that a new audio interview featuring Steve Schneider, CEO of Electric car pioneer ZAP (OTC BB: ZAAP.OB) is now available at SmallCapVoice.com. The interview can be heard here at http://www.smallcapvoice.com/zaap/zaap-12-5-08.php. About ZAP ZAP has been a leader in ... Continue reading
Cummins Revises 2008 Outlook to Reflect Worsening Economic Conditions
COLUMBUS, Ind.--Cummins Inc. today revised its outlook for 2008 due to the continuing decline in many of its key markets around the world. The Company now expects 2008 sales to increase by 9 percent over 2007, compared to its previous guidance of a 12 percent increase. Earnings Before Interest and Taxes (EBIT) is forec ... Continue reading
American Axle & Manufacturing Announces Joint Venture with JAC Group Subsidiary in China
DETROIT, Dec. 11 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today announced that it has entered into an agreement, through one of its subsidiaries, to form a joint venture with Hefei Automobile Axle Co, Ltd., (HAAC), a subsidiary of the JAC Group (Anhui Jianghuai Automobi ... Continue reading
Group 1 Automotive Renews Ford Motor Credit Arrangement
HOUSTON--Group 1 Automotive, Inc. , a Fortune 500 automotive retailer, today announced that it has renewed a $300 million credit arrangement with Ford Motor Credit Company for floorplan financing under similar terms and pricing. This evergreen facility provides $300 million of availability to finance new vehicle invent ... Continue reading
Friction Holdings Announces Closure of Business
CRAWFORDSVILLE, Ind.--Friction Holdings LLC (âFriction Holdingsâ) today announced that it intends to cease all operations on or about February 28, 2009. Friction Holdings has operations in Crawfordsville, IN and Greenwood, MS. The planned action will affect 461 employees in Crawfordsville, IN and 171 in Green ... Continue reading
LG Chem and STMicroelectronics Drive to Improve Battery Technologies for Hybrid Electric Vehicles
Hi, Please find below the text of an announcement released today, December 11, 2008. LG Chem and STMicroelectronics Drive to Improve Battery Technologies for Hybrid Electric Vehicles Geneva, December 11, 2008 ââ¬â STMicroelectronics , one of the worldââ¬â¢s leading semiconductor suppliers, and LG ... Continue reading
Geely Auto Slims Down Admin & Workforce
Geely Auto slims down admin & workforce http://www.gasgoo.com/auto-news/1008681/Geely-Auto-slims-down-admin-wor kforc e.html Shanghai, December 11 (Gasgoo.com) A spokesman of Geely Auto Holdings Group has recently announced that the independent Chinese automaker has carried out a sweeping reform by streamlining its adm ... Continue reading
Let's Jump Start the Economy ...
SANFORD, Fla., Dec. 11 / -- The following letter is being issued by Jeno F. Paulucci, Entrepreneur: An Open Letter to: President George W. Bush President-elect Barack Obama Speaker of the House Nancy Pelosi Majority Leader Harry Reid Members of Congress Let's Jump Start the Economy ... ... while we respect the fact tha ... Continue reading
In its meeting today, the Supervisory Board of Daimler AG appointed Wilfried Porth (49) as Member of the Board of Management for Human Resources and Labor Relations Director effective as of the end of the 2009 Annual Meeting. Porth will succeed Guenther Fleig, who will be 60 years old in February 2009 and whose period ... Continue reading
Here We Go As a Result of Lowering Gasoline Costs-Honda Rethinks Diesels for U.S.
Washington DC December 11, 2008; The AIADA newsletter reported that Honda Motor is reconsidering its decision to launching diesel-power vehicles next year in the United States, where diesel fuel has become much more expensive than gasoline. "Right now we are re-evaluating, due to trends in gasoline and diesel prices, a ... Continue reading
One of the hassles having chosen to buy a new or used car, is having to arrange insurance cover so that it can be taxed and prepared for you to take delivery. Now SsangYong dealers are making the process much quicker and easier by offering buyers an instant seven days of comprehensive insurance - absolutely free. ... Continue reading
Aston Martin DBS: Firmly Established as the Critics Choice
Aston Martin's DBS sports car credentials have been further vindicated by automotive experts and public alike over the last month, with the award of three top accolades from critics around the world. ... Continue reading
Pay Raise for Judges Tucked into Bailout Plan - HA! There They Go Again
Like, the American public won't be screwed too badly by any bailout plan Congress puts into play "Today's Democrats...bringing back all the things we loved about Tammany Hall" WASHINGTON â December 11, 2008: Andrew Taylor, writing for the Associated Press has revealed that the proposed $14 billion bailout plan for ... Continue reading
Continental Supervisory Board Extends Dr. Karl-Thomas Neumann's Contract by Five Years
The Supervisory Board of Continental AG extended the contract of Dr. Karl-Thomas Neumann, Executive Board chairman and head of the Automotive Group, by five years on Wednesday in Hanover. Dr. Neumann has been a member of Continental's Executive Board since October 2004 and the chairman of the Executive Board of Contine ... Continue reading
Suzuki to Announce a Change of COO
Suzuki Motor Corporation announced today that effective 11 December 2008, Osamu Suzuki, Chairman and CEO, will take over the role of COO. ... Continue reading
New Dealers Recognise the Strength of Mitsubishi's UK Franchise
In the midst of uncertainty in the UK and global automotive sector, Mitsubishi Motors in the UK is delighted to introduce three new multi-franchise dealerships: Anthony Betts, Souls and Sparshatts Mitsubishi. ... Continue reading
General Motors Europe and Iberdrola have signed an agreement to jointly perform a feasibility study which, ultimately, will analyze the technical requirements of a recharging infrastructure for the integrated marketing and viability of plug-in electric cars. The agreement was signed by Javier Villalba, Director of Spai ... Continue reading
Online Survey Adds a Hint of Colour for New Alto Drivers
An interactive quiz has been launched by Suzuki GB PLC on their UK website (www.suzuki4.co.uk) ahead of the new Alto city car arriving in dealer showrooms on 01 March, 2009. Surfers can take part in the short online questionnaire to reveal which colour Alto they are based on a series of choices which best matches the r ... Continue reading
Laying of the Foundation Stone for new Porsche Branch in Berlin-Potsdam
On the outskirts of Berlin the foundation stone was today laid for a new branch of Porsche. On the location of the Europarc Dreilinden in Kleinmachnow (Brandenburg) Dr. Ing. h.c. F. Porsche AG, Stuttgart, is building the new branch of Porsche in Berlin-Potsdam on a site of a good 10,000 square meters. What is being ere ... Continue reading
Nissan Hosts First Advanced Technology Briefing in China
Nissan (China) Investment Co., Ltd. and Dongfeng Nissan Passenger Vehicle Company jointly hosted the "Nissan Advanced Technology Briefing" for the first time in China. ... Continue reading
All-new Mazda3 to be Exhibited at the 2009 North American International Auto Show
Mazda Motor Corporation has confirmed that the all-new Mazda3 (known as Mazda Axela in Japan) four-door sedan and five-door hatchback models will be shown at the 2009 North American International Auto Show (NAIAS), to be held in Detroit from January 11 through January 25, 2009. ... Continue reading
New Director Named for Ricardo Software
Ricardo has announced that Dave Higbie will take over as the global director responsible for the company's powertrain computer aided engineering (CAE) software business, Ricardo Software. ... Continue reading
Change at the Head of the Renault Board of Directors
Today at the Renault Board of Directors, Louis Schweitzer, Chairman of the Board of Directors, confirmed that he would not seek the renewal of his mandate as a Director at the Annual General Shareholders Meeting on May 6th 2009. ... Continue reading
Tensions May Push Citroen Sales Down In China
Tensions may push Citroen sales down in China http://www.gasgoo.com/auto-news/1008686/Tensions-may-push-Citroen-sales -down -in-China.html Shanghai, December 12 (Gasgoo.com) President Nicolas Sarkozy's meeting with the Dalai Lama has infuriated China and will unavoidably strike a further blow to the Chinese business of ... Continue reading
Haima To Sell 150,000 A-class Cars By 2010
Haima to sell 150,000 A-class cars by 2010 http://www.gasgoo.com/auto-news/1008680/Haima-to-sell-150-000-A-class-c ars-b y-2010.html Shanghai, December 11 (Gasgoo.com) Hainan-based FAW Haima Automobile Co. Ltd said it plans to sell 300,000 complete vehicles by 2010, and half of that number will be A-class cars, the Jin ... Continue reading
Tilt angle 35 degrees, gradeability 100 percent, there is virtually no terrain insurmountable to a standard Mercedes GL. But there is one place that even one of the world's best climbers cannot reach without the help of a vehicle customiser: the top step of the podium of the <b>TopCars Awards</b> presented by <b>AUTO B ... Continue reading
LDV Employees Rise to the Challenge of the Economic Downturn with Festive Spirit
Birmingham van maker, LDV, has come up with a novel way to spread some festive cheer this December as 25 British built MAXUS vans with Union Jack style livery will take to the streets, driven by employees. ... Continue reading
Obama Picks Leaders of Energy Team
CHICAGO, Dec 10, 2008; Deborah Charles writing for Reuters reported that President-elect Barack Obama's team to address climate change emerged on Wednesday as Democratic officials said he had chosen a Nobel laureate for U.S. energy secretary and was likely to pick an environmental veteran to serve as coordinator of cli ... Continue reading
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