2009 Hyundai Elantra Named "Best Compact For The Money" By U.S. News and World Report
FOUNTAIN VALLEY, Calif., December 19, 2008; The affordable 2009 Hyundai Elantra, with unsurpassed standard safety in the compact segment, was named âBest Compact Car for the Moneyâ by U.S. News and World Report. The âBest Car for the Moneyâ awards are designed to help customers find the best car val ... Continue reading
Zenn Motor partner granted U.S patent for battery
OTTAWA, Dec 19, 2008; Susan Taylor writing for Reuters reported that Energy storage developer EEStor Inc, a key partner of Canadian electric car maker Zenn Motor Co (ZNN.V), has secured a U.S. patent for its battery, its chief executive said on Friday. Low-profile EEStor is working on an ultracapacitor battery that is ... Continue reading
SAN FRANCISCO - December 19, 2009: Nationally known radio talk show host personality Michael Savage has been making quite a loud argument this afternoon that the reason for President Bush's decision to; a) forego "free-market" principles (even though he is a "free-market" president) and to act socialistically, and b) p ... Continue reading
Battery Giant Gold Peak Takes Equity Stake in Plug In Conversions Corp.
First Plug-In Prius With Gold Peak Batteries On Display at SD International Auto Show POWAY, CAÂ - December 19, 2008: Gold Peak Industries North America, a subsidiary of GP Batteries International, has acquired an equity stake in Plug In Conversions Corp. (PICC), which positions the latter to sell its plug-in Toyota ... Continue reading
2009 Green Car Vision Award Finalists Announced
Plug-In Hybrid, Hydrogen, Range Extended Electric, Battery Electric Cars Included WASHINGTON, Dec. 19 -- Five nominees have been identified for Green Car Journal's 2009 Green Car Vision Award(TM), which acknowledges a vehicle that best envisions the road ahead. One of these five finalists -- the Chevrolet Volt, Fisker ... Continue reading
WyoTech Grads to Compete on Horsepower TV
Santa Ana, CA December 18, 2008: WyoTech grads are gearing up to build engines head-to-head for the second consecutive year on PowerBlockâs Horsepower TV. Set to air as a TV special in April of 2009, the second annual âScholastic Engine Builder Challengeâ pits students from WyoTechâs Sacramento, CA ... Continue reading
INDYCAR SERIES STATEMENT REGARDING THE BELLE ISLE DETROIT GRAND PRIX
INDIANAPOLIS, Friday, December 19, 2008: The IndyCar Series today released the following statement from Terry Angstadt, president of the commercial division for the Indy Racing League, regarding the Belle Isle Detroit Grand Prix: âThis is unfortunate news but something that Roger Penske and his group have kept us ... Continue reading
AMERICAN LE MANS SERIES TARGETING RETURN TO BELLE ISLE
Scott Atherton: The American Le Mans Series "anticipates our return to Detroit in the near future." The American Le Mans Series looks forward to making its return to the Motor City and continuing its participation in the Detroit Belle Isle Grand Prix, one of North America's premier motorsport weekends. The event has be ... Continue reading
Five Riders On Grid For Entire Season, Including Red Bull Indianapolis GP
AMERICANS TO RACE IN ALL THREE MotoGP CLASSES IN 2009 INDIANAPOLIS, Friday, December 19, 2008: In 2009, American riders will race in all three classes of MotoGP competition for the first time since 1990, including in the second annual Red Bull Indianapolis GP on Sunday, Aug. 30 at the Indianapolis Motor Speedway. 2006 ... Continue reading
PSM rider Matt Smith joins DSR for 2009 NHRA Full Throttle Series
DON SCHUMACHER RACING 2009 NHRA FULL THROTTLE DRAG RACING SERIES FOR IMMEDIATE RELEASE Contact: Judy Stropus, 203-438-0501; cell 203-243-2438; jstropus@earthlink.net PRO STOCK MOTORCYCLE RIDER MATT SMITH JOINS DSR FOR 2009 BROWNSBURG, Ind. (Dec. 18, 2008) - Don Schumacher confirmed today that Pro Stock Motorcycle rider ... Continue reading
Visteon Withdraws Full-Year 2008 Guidance
VAN BUREN TOWNSHIP, Mich., Dec. 19, 2008 -- Visteon Corporation , a global automotive supplier, announced it is withdrawing its full-year 2008 financial guidance in light of the larger than anticipated declines in global vehicle production and overall industry uncertainty. (Logo: http://www.newscom.com/cgi-bin/prnh/200 ... Continue reading
Audi Sets Prices on the New and Upgraded A6 / S6 Lineup for MY 2009
- Interior and exterior redesign reinforces strong personality of Audi A6 / S6 - An all-new 300-hp 3.0 TFSI supercharged V6 will be offered with quattro AWD - The 2009 sedan, Avant and S models will arrive in dealerships by early January HERNDON, Va., Dec. 19 -- Audi of America today released pricing for the updated 20 ... Continue reading
Audi A4 Lineup Expands with New FrontTrak and Manual Models
- The Audi A4 2.0T FrontTrak sedan pairs the multitronic transmission with the award-winning Audi 2.0 TFSI engine - The Audi A4 quattro sedan is now available with a six-speed manual transmission - MSRP for the base front-drive model is $31,000 and $31,850 for the base manual quattro model. HERNDON, Va., Dec. 19 -- Aud ... Continue reading
GM Selects Alcoa Forged Aluminum Wheels for Chevy Volt
CLEVELAND--Alcoa Automotive Wheels, a division of Alcoa Wheel and Transportation Products, announced today that it has been awarded the wheel program for the Chevy Volt extended-range electric vehicle. âAlcoa is pleased to supply forged aluminum wheels for the Volt. Working closely with the GM team resulted in a w ... Continue reading
Indiana Senator's Proposal Will Create U.S. Jobs, Boost Competitiveness Hoosier State Strives to Become 'Silicon Valley' of Auto-tech INDIANAPOLIS, Dec. 19 -- A new plan proposed this week by Indiana Senator Evan Bayh involving $1.6 billion in federal grants to accelerate growth of America's advanced hybrid-electric an ... Continue reading
Statement By Cerberus Capital Management
NEW YORK, Dec. 19 -- Cerberus Capital Management, L.P. ("Cerberus") issued the following statement today: Cerberus is pleased that the Department of Treasury has delivered its proposal to provide assistance to Chrysler in the form of a $4 billion secured loan to Chrysler Holdings, LLC the proceeds of which will be made ... Continue reading
NADA Chairman Praises President Bush for Providing Automaker Relief
Auto Dealers Say Loans Will Allow Industry to Succeed WASHINGTON, Dec. 19 /PRNewswire-USNewswire/ -- The Chairman of the National Automobile Dealers Association, Annette Sykora, said President Bush's decision to provide domestic automakers with short-term loans gives "the shot in the arm we need to lead the economic re ... Continue reading
Pelosi Statement on White House Plan to Aid Domestic Auto Industry
WASHINGTON, Dec. 19 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi issued the following statement today in response to the White House plan to give General Motors and Chrysler a bridge loan while they restructure their companies to become viable: "The President's announcement this morning provides an opportunity for t ... Continue reading
Chrysler LLC Thanks the Administration and Treasury for Their Confidence
AUBURN HILLS, Mich., Dec. 19 -- Chrysler LLC Chairman and CEO Bob Nardelli said on behalf of the men and women of Chrysler and its extended enterprise, that he would like to thank the Administration and Treasury for their confidence in the Company. "A letter of intent was signed which outlines the specific requirements ... Continue reading
CarMax Reports Third Quarter 2008 Results
RICHMOND, Va.--CarMax, Inc. today reported results for the third quarter ended November 30, 2008. Total sales decreased 23% to $1.46 billion from $1.89 billion in the third quarter of last year. Comparable store used unit sales declined 24% for the quarter. Total used unit sales decreased 17% in the third quarter. The ... Continue reading
Changchai to make diesel engine for Lister Petter
Changchai to make diesel engine for Lister Petter http://www.gasgoo.com/auto-news/1008786/Changchai-to-make-diesel-engine -for- Lister-Petter.html Shanghai, December 19 (Gasgoo.com) Britain engine maker Lister Petter signed a cooperation agreement on Thursday with Changchai Co., Ltd, an engine manufacturer located in e ... Continue reading
China Cuts Gasoline, Diesel Prices From Today
China cuts gasoline, diesel prices from today http://www.gasgoo.com/auto-news/1008778/China-cuts-gasoline-diesel-pric es-fr om-today.html Shanghai, December 19 (Gasgoo.com) China started to cut prices for gasoline, diesel and jet fuel at the zero hour today. The price of gasoline is cut by 0.91 yuan ($0.133) while the ... Continue reading
SAIC-GM-Wuling Asks Suppliers To Cut Price 15%
SAIC-GM-Wuling asks suppliers to cut price 15% http://www.gasgoo.com/auto-news/1008781/SAIC-GM-Wuling-asks-suppliers-t o-cut -price-15.html Shanghai, December 19 (Gasgoo.com) SAIC-GM-Wuling Auto Co., China's leading manufacturer of mini-trucks and mini-vans, asked its suppliers yesterday to cut auto parts prices by 10% ... Continue reading
US Treasury Tweaks Wage Wording in Auto Loan Terms
WASHINGTON, Dec 19, 2008; Reuters) - The U.S. Treasury on Friday altered the wording of loan terms for Detroit automakers to seek reductions in wages and benefits to levels "competitive with" Japanese rivals. Under wording released earlier in the day, the Treasury said it would require reductions to levels "equal to" a ... Continue reading
SANTA MONICA, Calif. December 19, 2008; Now that Chrysler and General Motors have been granted an immediate $13.4 billion loan from the government, additional steps must be taken to preserve taxpayersâ investment in the automotive industry, according to Edmunds.com. First, the government must create a stimulus to ... Continue reading
Coachmen Industries, Inc. Shareholders Overwhelmingly Approve Sale of RV Group's Assets
MIDDLEBURY, Ind., Dec. 19 -- Coachmen Industries, Inc. today announced the results of its Special Meeting of shareholders. "Coachmen shareholders overwhelmingly approved the agreement signed on November 20th for the sale of Coachmen's Recreation Vehicle business to Forest River, Inc. with a rate of over 99% in favor of ... Continue reading
Bridgestone helps Mercy Ships with Tyres
Bridgestone donated a new consignment of tyres to Mercy Ships on 2 December, continuing its support for the international charity that delivers ‘hope and healing’ to the world’s forgotten poor. The rugged Bridgestone 4x4 Dueler tyres will enable Mercy Ships vehicles to travel across difficult terrain to reach rem ... Continue reading
Rail Europe Announces Italian Hi-Speed Rail Expansion Offering Milan to Rome Service
New Trenitalia Line Connects Major European Cities with Italy's Financial and Political Capitals WHITE PLAINS, N.Y., Dec. 19 -- Rail Europe, the largest distributor of European rail products in North America announces the launch of Trenitalia's new Milan to Rome hi-speed rail link. The new line shaves an hour off this ... Continue reading
NHTSA Launches Winter Holiday Crackdown on Drunk Drivers
New Study Finds Drivers Age 21 to 24 Have Highest Involvement Rates New National Highway Traffic Safety Administration (NHTSA) research shows that between 2002 and 2006, nearly four fatalities out of 10 involved alcohol-impaired crashes in the last two weeks of December. The new study also found that 21-24 year-old dri ... Continue reading
Chrysler LLC Announces Further Realignments in Sales and Marketing
AUBURN HILLS, Mich., Dec. 19 -- In a continued effort to restructure and refocus its operations, Chrysler LLC today announced further realignments within its Global Sales and Marketing organization. As a result, the following responsibilities are realigned to Steven J. Landry, Executive Vice President - North American ... Continue reading
Treasury Secretary Henry Paulson Statement on Stabilizing Auto Industry
Washington DC December 19, 2008; Treasury Secretary Henry Paulson released a statement, saying Congress will need to release the remainder of the TARP funds. This is the full text: Today, we have acted to support General Motors and Chrysler, with the requirement that they move quickly to develop and adopt acceptable pl ... Continue reading
Porsche Opens Its New Driving Experience Centre Next to Silverstone Grand Prix Circuit
Porsche has officially opened its new Driving Experience Centre adjacent to the Silverstone Grand Prix circuit in Northamptonshire, England. ... Continue reading
Ford Motor Company Welcomes Action to Provide Emergency Funding to GM and Chrysler
DEARBORN, Mich., Dec. 19 -- Ford Motor Company said today that it welcomes action by the Administration to provide emergency funding for General Motors Corp. and Chrysler LLC. "As we told Congress, Ford is in a different position. We do not face a near-term liquidity issue, and we are not seeking short-term financial a ... Continue reading
An Open Letter From Bob Nardelli
AUBURN HILLS, Mich., Dec. 19 -- To Chrysler employees and other stakeholders: We have received news that U.S. Treasury Secretary Henry Paulson will provide $4 billion of initial funding to Chrysler LLC from the TARP (Troubled Assets Relief Program) as a loan to help bridge the current financial crisis. We appreciate th ... Continue reading
GM Gets $9.4 Billion and Chrysler $4 Billion in Bridge Loans from U.S.
WASHINGTON - December 19, 2008: After a final late-night negotiation session, the White House has announced a plan that will provide $13.4 billion to two of the three Detroit Automakers with the possibility of an additional $4 billion in February. Some early details are confusing, with words making it sound like $13.4 ... Continue reading
Obama May Adopt Israeli Electric Car Program - VIDEO ENHANCED
By David Horovitz Jerusalem Post The incoming Obama administration is "closely monitoring" the innovative electric car project being developed by Israel's Better Place company, "and may be adopting it," Idan Ofer, chairman of Better Place, has told The Jerusalem Post. Shai Agassi of Better Place displays a prototype of ... Continue reading
Volkswagen Launches "60 Years Of Value" Anniversary Campaign
We've seen a lot together and we've great plans for the future. This is Volkswagen's claim for a double jubilee next year: the 60th anniversary of the Federal Republic of Germany and the handing over of the Volkswagen factory by the British Military Government. "The Beetle, Bulli or the new Golf - Volkswagen stands for ... Continue reading
Renault Grand Modus By Lafuma - A Limited Edition MPV Traveller
Readily associated with the great outdoors and the environment, the Lafuma brand has long equipped mountaineering enthusiasts. The introduction of the limited edition Grand Modus by Lafuma today sees it turn its attention to a Renault model which epitomizes two values that are shared by both brands: a desire to get awa ... Continue reading
Mercedes-Benz Delivers 1.5 Million units of the E-Class
Mercedes-Benz has delivered 1.5 million units of the current E-Class series to customers since the model's market launch six years ago. "The current E-Class and its predecessor models have been the 'heart' of Mercedes-Benz for more than 60 years now," says Dr. Klaus Maier, Executive Vice President Sales and Marketing M ... Continue reading
Drive Away the Winter Blues with a Mazda Sports Car
Mazda has Christmas all wrapped-up this year for those looking for a thrilling drive thanks to a host of fantastic deals available on Mazda sports cars. Mazda's exhilarating range of sports cars can be enjoyed whatever the weather - making them the perfect Christmas present. ... Continue reading
Superb Reverses Into Another First Place
The new Skoda Superb has added another award to its already impressive collection in the form of Sky Motoring's Best Gadget honour. ... Continue reading
Visit Your Family Safely This Christmas
Winter weather can be a hazard over the festive break so the IAM (Institute of Advanced Motorists) are urging drivers to be extra cautious as they take to the road to visit their loved ones across the country. ... Continue reading
Load Up With Bargains In The Van-uary Sale!
This year's January sales are expected to offer more bargains at Vauxhall than ever before, so much so that savvy shoppers will probably need a van to get all of their buys back home in. ... Continue reading
Volvo Cars Maps Driver Behaviour In Advanced Research Project
About 100 Volvo V70 and XC70 cars, equipped with cameras and computers are included in a huge European field test project. All to monitor the driver's behaviour in order to gain more knowledge about how we react as human beings in complex traffic situations. ... Continue reading
Honda CEO Warns Strong Yen to Cripple Japan industry
TOKYO, Dec 19, 2008; Chang-Ran Kim writing for Reuters reported that the head of Honda Motor Co Stock Buzz) warned the strong yen could cripple Japanese industry and spur massive layoffs, and said the automaker would be forced to bring more production overseas if the dollar persisted below 100 yen. "If the government i ... Continue reading
Henry Paulsen shows off his intellectual prowess by joining the call for an "orderly" solution. By Marc J. Rauch Exec. Vice President/Co-Publisher Is an "orderly bankruptcy" the opposite of a "disorderly bankruptcy" in which management would vacate the premises while employees, share holders and the general public are ... Continue reading
Mercedes SLR McLaren Stirling Moss - Pure excitement and driving pleasure
Mercedes-Benz and McLaren are adding the crowning glory to the model family of their highly successful SLR super sports car with a new, uncompromisingly spectacular car. There is neither a roof nor a windscreen to separate the driver and passenger from the outside world; they enjoy unadulterated high-speed excitement w ... Continue reading
Ten Crafter Minibuses For New 'Shropshirelink' Rural Bus Service
Ten Volkswagen Crafter minibuses have been delivered to Shropshire County Council for an innovative new Demand Responsive rural bus service called ShropshireLink. ... Continue reading
7-Seater Nissan Qashqai+2 Now Starts At Less Than £15,500
Qashqai+2 ownership has just become even more affordable with the introduction of two new wallet-friendly engines to the range. Nissan’s award-winning seven-seater crossover can now be specified with 1.6-litre petrol and 1.5-litre diesel power, in addition to the 2.0-litre petrol and diesel units already availabl ... Continue reading
Ford Launches New Interactive Customer Website
Ford has launched a brand new version of its popular customer website (www.ford.co.uk) using the latest online technology to deliver an easily accessible, user-friendly and practical tool for car and light commercial vehicle buyers across the UK. ... Continue reading
Bosch Acquires Belgium's Servico N.V. - Takeover Strengthens The Group's Thermotechnology Division
Bosch has signed a contract to acquire 100 percent of the shares in Belgium's Servico N.V. from Kendrion N.V. based in Zeist/Netherlands. The international business of Bosch's Thermotechnology Division will be strengthened through this acquisition of the Belgian distribution partner for the Junkers brand. The parties h ... Continue reading
An Expression of Joy: Painting Dynamics, Created by the New BMW Z4
Imagine a canvas nearly as large as a football field. On it bold, swirling shapes in primary colors like red, yellow and blue. As the eye uncovers the rhythm of the lines, curves, circles and color splotches, something else is revealed: these forms must have been created by tire treads! A work of art like no other, cre ... Continue reading
Kia Motors Wins 2008 Design Award
Kia Motors received the President's Award for Design at the 10th annual Korea Design Awards in recognition of the company's design-centred management strategy implemented in multiple stages since 2005. ... Continue reading
Audi's Class-Leading A3 Sportback Now Even Classier
The new Audi A3 Sportback range is now available in Australia. Featuring two new engines and even greater fuel efficiency from both petrol and diesel direct injection engines, the new Audi A3 Sportback range is priced from $37,200. ... Continue reading
Suzuki Splash To Make Greener Impact
Suzuki is introducing a new entry-level variant of the Splash GLS mini-MPV model which was launched earlier this year, as motorists increasingly face pressure to downsize and shift to models which offer low CO2 emissions and high fuel economy. ... Continue reading
Renault To Make Guest Star Appearance On The 2009 Traversée de Paris
The ninth Traversée de Paris, which is organised by Vincennes en Anciennes, will take place on Sunday January 4, 2009. This annual run for classic vehicles crosses historical Paris and takes in such celebrated districts as the Bastille and Montmartre, as well as the famous Place de l'Opéra and Place Vendôme. ... Continue reading
Hyundai Genesis A Finalist For North American Car Of The Year
When Hyundai introduced the all-new Genesis at the 2008 North American International Auto Show, it promised to shatter automobile paradigms by offering a sedan with capabilities and features comparable to the world’s leading premium sports sedans. That claim was underscored today when the North American Car of th ... Continue reading
Audi Crowned Year's Most Improved Brand
The trade magazine "Automobilwoche" has honored Audi as the year's most improved brand; at the same time, the DEKRA testing company has rated the Audi A6 as the "Most Reliable of All Classes" just two highlights in a long list of honors for the Audi brand in 2008. ... Continue reading
GM, Chrysler Close in on Deal for U.S. Gov't Emergency Loans
DETROIT December 18, 2008; Poornima Gupta and Kevin Krolicki writing for Reuters reported that General Motors Corp and Chrysler LLC made significant progress late Thursday on a deal to secure emergency loans as part of a U.S. government aid package, sources familiar with the talks said. The package would demand sweepin ... Continue reading
ATLANTA, Dec. 18, 2008; In the span of just a few weeks, the new 2009 Porsche 911 Carrera 4S has been named an Automobile Magazine All-Star, and the Boxster and Cayman has earned the recommendation of the auto editors at Consumer Guide. Each year, the worldwide staff of editors, bureau chiefs and freelancers of Automob ... Continue reading
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