Harley-Davidson Announces Leadership Change at Financial Services Unit
Harley-Davidson CFO Bergmann Assumes Additional HDFS Role on Interim Basis MILWAUKEE, Jan. 8 -- Harley-Davidson, Inc. announced today that its Chief Financial Officer, Tom Bergmann, will take on the added responsibility of interim President of Harley-Davidson Financial Services (HDFS), effective immediately. The appoin ... Continue reading
Third Phase Of Monster Makeover Construction Is Underway At Dover International Speedway
<b><i>Wider pit road and new inside retaining wall will result</b></i> DOVER, Del. january 8, 2009: Phase three of Dover International Speedwayâs âMonster Makeoverâ is currently underway. Construction crews in Dover have already removed the existing front stretch pit wall and preparations are underway to ... Continue reading
Barrett-Jackson Gears up for Spectacular 2009 Scottsdale Collector Car Event
SCOTTSDALE, Ariz.--In less than a week, the 38th Annual Barrett-Jackson Collector Car Auction will take center stage in Scottsdale, Ariz. From Jan. 11-18, 2009, the all No Reserve auction will feature everything from muscle cars and classics to a historic vintage airplane, providing collectors with one of the most ecle ... Continue reading
Metaldyne Takes Further Restructuring Actions
PLYMOUTH, Mich., Jan. 8 -- Metaldyne Corporation, an Asahi Tec company, took several actions in 2008 to reduce structural costs, balance capacity with declining vehicle production and create a more agile and streamlined organization focused on its core product lines. These actions will help the company deliver its Plan ... Continue reading
Letter From Europe-The Highs and Lows of 2008
-by Andrew Frankl European Bureau Chief Who could have guessed back in May that by the end of the year the Worldʼs auto industry would look like a train wreck? There we were in sunny Italy with my son Nicholas cruising along on the A1 autostrada in the latest, grandest Maserati Quattroporte at a steady 140 miles p ... Continue reading
FORMULA ONE TEAMS ASSOCIATION CONTINUES COST CUTTING
London, January 8, 2009: The FOTA Executive Committee met today in Heathrow to further progress the cost reducing initiatives already developed. All the Members unanimously agreed a number of important principles and supported the process now established within FOTA. <P> The teams detailed and signed a comprehensive Ae ... Continue reading
Subaru's Quiet Road to Success
Washington DC January 8, 2009; The AIADA newsletter reported what is it about Subaru? Their cars don't get eye-popping fuel economy. They don't sell hybrids, super-hot sports cars, or other attention-grabbing metal. And good luck wringing a rebate out of the dealer. "It's not an exciting brand," Todd Turner, president ... Continue reading
Consumer Reports' 2008 Car Brand Perception Survey: Drivers See Toyota, Honda as Best Overall
But perception is not always reality NEW YORK, Jan. 8, 2009; Consumers perceived Toyota and Honda brands to be best by a wide margin, followed by Ford, Chevrolet, and GMC, according to Consumer Reports' 2008 Car Brand Perception Survey. The survey also revealed that car buyers consider safety and quality as the most im ... Continue reading
VAN DIEMEN ALIGNS WITH ALLEN IN STRATEGIC EUROPEAN PARTNERSHIP
Braselton, GA. January 8, 2009: Elan Motorsports Technologies (EMT), owners of Van Diemen International Racing Services (Van Diemen), are pleased to announce a strategic partnership with Lindsay Allen, owner of Fluid Motorsport and Southern International, concerning the manufacture and sales of Van Diemen Formula Ford ... Continue reading
JEGS SIGNS ON AS USAC's COLUMBUS RACES TITLE SPONSOR
DELAWARE, Ohio January 8, 2009: JEGS has joined the United States Auto Clubâs family of corporate sponsors for 2009 and will serve as the title sponsor for April 4 and September 19 USAC National Midget races at Columbus (Ohio) Motor Speedway. Founded in 1960 by Jeg Coughlin Sr., whose son Jeg Jr. is NHRAâs 20 ... Continue reading
HUGHES Telematics Announces in-Drive Product Line as its Aftermarket Solution
Self-installed device offers convenient and low cost telematics services to drivers LAS VEGAS, Jan. 8 -- CES -- HUGHES Telematics today announced in-Drive, its unique aftermarket product line offering telematics services and hardware for vehicles. in-Drive leverages HUGHES Telematics' existing next generation telematic ... Continue reading
Karting For The Disabled Hand-Controlled Karts At The Karting Show
Press Release Date: Thursday 8 January 2008 Ref: ASI09/24 Karting For The Disabled Hand-Controlled Karts At The Karting Show Karting for the Disabled aims to help people with disabilities realise their racing dreams to participate in motorsport and for the first time ever, Karting for the Disabled hand-controlled karts ... Continue reading
John Mills Engineering Celebrates 50 years At The Karting Show
Press Release Date: Thursday 8 January 2009 Ref: ASI09/25 John Mills Engineering Celebrates 50 years At The Karting Show John Mills Engineering, based at PF International circuit in Lincolnshire, is set to mark 50 years at the top of the UK karting industry in 2009 and the companyâs golden jubilee celebrations wil ... Continue reading
G-OIL Debuts at Daytona International Speedway in Kinetic Motorsports' BMW M3
Kinetic Motorsports and Kinetic Sunbelt Engines Adopt Green Earth STAMFORD, Conn., Jan. 8 -- Green Earth Technologies (Pink Sheets: GETG) announced today that their G-OIL(TM) G-1 Racing Oil has completed extensive trials at Daytona International Raceway in Florida to establish the performance of their new motor oil pro ... Continue reading
AUSTIN REED IS CHANGING GEARS IN 2009
FOR IMMEDIATE RELEASE AUSTIN REED IS CHANGING GEARS IN 2009 COTO DE CAZA, California -- Austin Reed, 15 year old driver of the #514 Ringers Gloves, (RBP) Rolling Big Power, Headblade.com, Approved Memory, Modified Kart Toyota Tundra competing in the popular CORR closed circuit off road series and the Dirt Alliance SXS ... Continue reading
Cummins Filtration to Support SCR Equipped 2010 Engines with Diesel Exhaust Fluid
NASHVILLE, Tenn.--Cummins Filtration , leader in filtration, coolant and chemical technology for all engine-powered systems, has reaffirmed plans to fully support service requirements of 2010 Selective Catalytic Reduction (SCR) equipped engines with Diesel Exhaust Fluid (DEF). DEF is a urea-based chemical designed spec ... Continue reading
ArvinMeritor Provides Business Update
- Update on Status of Sale of Light Vehicle Systems Business - Announces Reorganization of Light Vehicle Systems Business - Provides Update on 2009 Fiscal Year Financial Reporting TROY, Mich., Jan. 8 -- ArvinMeritor, Inc. today provided an update on the previously announced process to sell its Light Vehicle Systems (LV ... Continue reading
Volvo Takes New XC60 - The Car That Stops Itself - on Second Nationwide Experiential Tour
Two Parallel Tours will canvas the country with more than 85 events, giving customers the chance to experience 'City Safety' - Volvo's most extensive safety package ever IRVINE, Calif., Jan. 8 -- In 2009, Volvo will give even more customers a sneak peak at its safest car ever made - the Volvo XC60 with standard City Sa ... Continue reading
LAS VEGAS--Zoombak⢠(www.Zoombak.com) today unveiled Zoombak GPS Recoveryâ¢, an aftermarket solution available exclusively via new and used auto dealers. Zoombak GPS Recovery pinpoints the exact location* of stolen vehicles and gives that information directly to the police, significantly increasing the chances ... Continue reading
LAS VEGAS, Jan. 8 -- Toyota Motor Sales (TMS), USA, Inc. - In conjunction with its announcement yesterday of its all-new telematics systems, Safety Connect and Lexus Enform, Toyota announced today its multiple strategic partnerships in support of the new systems. "Our selective partnerships are the cornerstone of our s ... Continue reading
Commercial Vehicle Group Announces New Senior Credit Facility
NEW ALBANY, Ohio, Jan. 8 -- Commercial Vehicle Group, Inc. today announced it has entered into an asset based Loan and Security Agreement (the "Credit Facility" or "ABL") with Bank of America, N.A. for $47.5 million. The Credit Facility is due January 2012 and bears interest at LIBOR or Prime plus an applicable margin. ... Continue reading
TomTom Unveils Connected Portable Navigation Device in the U.S.
CONCORD, Mass.--TomTom, the worldâs leading navigation solutions provider, today announces the GO 740 LIVE, a connected portable navigation device that provides the industryâs best routing and helps drivers take control of their daily drive via automatic delivery of helpful features including: real-time traff ... Continue reading
DETROIT, Jan. 8 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, will hold a briefing with institutional investors and security analysts, news media representatives and other interested parties at 10:00 a.m. ET on Friday, January 30, 2009. AAM's Co-Founder, Chairman & CEO Richa ... Continue reading
ECOtality Challenges Policymakers to Pave the Way for Electric Vehicles
SCOTTSDALE, Ariz.--ECOtality, Inc. (OTCBB: ETLY), a leader in clean electric transportation and storage technologies, today announced the launch of the EV Micro-Climate program and challenged policymakers to proactively assist automakers in launching electric vehicles by establishing a suitable charging infrastructure. ... Continue reading
Schnitzer Steel Reports First Quarter 2009 Results
PORTLAND, Ore.--Schnitzer Steel Industries, Inc. today reported a net loss of $34 million, or $1.21 per diluted share, for the fiscal 2009 first quarter ended November 30, 2008. The pre-tax operating loss of $50 million included non-cash inventory write downs of $52 million for the quarter. During the quarter the Compa ... Continue reading
Automotive Manufacturers Continue to Focus Heavily on Sustained Investment in New Technologies
Hybrid systems and electric & battery technology getting the greatest investment DETROIT, Jan. 8 -- In the next five years automotive manufacturers are expected to be intently focused on investing heavily in new models/products and new technologies to satisfy consumer demand in purchasing fuel efficient, affordable car ... Continue reading
Be Prepared on the Road this Winter
SYLVANIA offers tips and headlights to help improve visibility on the road HILLSBORO, N.H., Jan. 8 -- As winter weather creates poor driving conditions, improved visibility on the road is an important factor to enhance driver safety. Poor visibility, especially at night, is a serious driving hazard. According to the Mo ... Continue reading
Taiwan Law-makers Pass Car Tax Cuts Motion
Taiwan law-makers pass car tax cuts motion http://www.gasgoo.com/auto-news/1008991/Taiwan-law-makers-pass-car-tax- cuts- motion.html Shanghai, January 8 (Gasgoo.com) Earlier this week, the Taiwan legislature's finance committee has approved the first reading of a motion proposed by the finance authorities to offer a co ... Continue reading
Changan Auto Has New President
Changan Auto has new president http://www.gasgoo.com/auto-news/1008995/Changan-Auto-has-new-president. html Shanghai, January 8 (Gasgoo.com) Yin Jiaxu, Changan Auto director and president, is leaving his post and will be succeed by Zhu Ronghua and Xu Liuping, China Business News reported, citing an announcement by Chin ... Continue reading
China's Auto Imports May Drop 10% In 2009
China's auto imports may drop 10% in 2009 http://www.gasgoo.com/auto-news/1008993/China-s-auto-imports-may-drop-1 0-in- 2009.html Shanghai, January 8 (Gasgoo.com) Amid the lingering global financial crisis, China's auto imports may drop 10% to 360,000 units in 2009, said China Business Times today, citing an industry r ... Continue reading
New Ontario Toyota Plant Starts Production
TORONTO--The first vehicles started rolling off the line at a new Toyota plant in Woodstock, Ontario in December. Toyota invested $1.1 billion to build the new plant. Ontario provided over $22.8 million for skills training, in addition to a $70-million investment that helped bring the plant to Ontario. This is the firs ... Continue reading
Nissan To Adjust Sunderland Operations
Nissan Motor Manufacturing (UK) Ltd has today announced decisive action to protect the long term viability of its manufacturing operations in Sunderland. Towards the end of 2008 the dramatic decline in customer demand affecting all car makers led Sunderland Plant to implement measures to adjust volume in line with the ... Continue reading
Audi Records Sales Of Over One Million Cars For The First Time
AUDI AG has achieved its stated objective of selling one million cars in 2008 for the first time in its history. With about 1,003,400 cars sold worldwide, Audi increased its unit sales volume by 4.1 percent over the prior year (2007: 964,151). With the newly introduced Audi Q5 and the successful young A4 family, sales ... Continue reading
Renault's National Test Drive Programme Expands With Addition Of New Megane
Following the success of its national test drive programme for New Laguna, Renault has now added the eye-catching New Mégane Hatch with immediate effect, to entice both potential retail and fleet customers into its new five-door. ... Continue reading
Volvo At The Detroit Auto Show 2009
The Volvo S60 Concept car1 will have its global unveiling at the Detroit Auto Show on 11 January 2009. The Concept gives an indication of what the all-new Volvo S60 will look like when it's launched in 2010. The Volvo press conference and unveiling will take place on 11 January 2009 at 17:30 to 18:30 ET (22:30 - 23:30 ... Continue reading
3-Point Safety Belt From Volvo - The Most Effective Lifesaver In Traffic For Fifty Years
Few people have saved as many lives as Nils Bohlin - the Volvo engineer who in 1959 invented the V-type three-point safety belt. A design as obvious as it was intelligent, perfectly suited to the seat occupant's body. To this very day, the safety belt still provides the most effective protection in the event of an acci ... Continue reading
Report Says Nearly Three-Quarters of New Car Shoppers Prefer to Buy American-Made Products
Shoppers Overwhelmingly Plan to Buy Versus Lease; Look to Purchase New Cars Versus Used IRVINE, Calif., Jan. 8, 2009; Kelley Blue Book www.kbb.com, the leading provider of new- and used-vehicle information, today announces the latest Kelley Blue Book Marketing Research data indicating that nearly three-quarters of car ... Continue reading
Building alternative fuel cars and exploring emerging markets seen as chief opportunities Execs continue to see significant rise in bankruptcies and M&A activity DETROIT, Jan. 8 -- Global automotive execs expect a significant decline in market share for United States vehicle manufacturers but continue to see U.S. OEMs ... Continue reading
Mitsubishi Motors To Supply Electric Car To France's PSA Peugeot Citroen Group
TOKYO, Jan 8, 2009; Reuters reported that Mitsubishi Motors Corp shares jumped 5 percent on Thursday after the Nikkei business daily said the company may start supplying France's PSA Peugeot Citroen Group (PEUP.PA) with electric cars from next year. Japan's fifth-largest carmaker may supply 10,000 i MiEV passenger cars ... Continue reading
Consumer Reports: Nearly Half of Americans Have Delayed Purchasing a New Car
Toyota and Honda lead the pack in CR's Auto Brand Perceptions Survey YONKERS, N.Y., Jan. 8 /PRNewswire-USNewswire/ -- Nearly half of Americans (48 percent) reported that they will wait longer before their next vehicle purchase, according to the results of Consumer Reports' 2009 Auto Brand Perception Survey. The weak ec ... Continue reading
Porsche at Autosport International - January 8-11 2009
Porsche will showcase its British motorsport programme for 2009 at the Autosport International show at the Birmingham NEC (January 8-11), and introduce the two young drivers who will be co-representing Porsche Cars GB in the 2009 Porsche Carrera Cup GB Championship. ... Continue reading
Ford Grows UK Share In Challenging 2008 Market
Strong consumer demand for Ford's exciting new product line-up continues to increase the blue oval brand's market share, with major gains both last month and for the 2008 full year. ... Continue reading
Nissan Reports Sales For December And Calendar Year 2008
Nissan Europe reported sales of 36,646 units in Europe in December, a 25.6% decrease compared with the same month in 2007. However, market share for December 2008 improved to 2.7% versus 2.5% in the previous year. ... Continue reading
Kia Warns Of Possible Job Application Fraud
Kia Motors (UK) Limited is warning people to beware of a fraudulent job application scam that could result in identity theft or possibly the misuse of bank and credit card details. ... Continue reading
Jaguar UK Records Annual Sales Boost In 2008
Jaguar finished 2008 with sales of more than 65,000 cars - an increase of 8% over 2007 and one of only a handful of automotive brands to report a year-on-year sales increase. ... Continue reading
Nissan Participates In Its-Safety 2010 Industry-Wide Test
Nissan Motor Co., Ltd., today announced it will participate in "ITS-Safety 2010", a large-scale test of future automotive Intelligent Transportation Systems, with four advanced safety prototype vehicles. Nissan ITS technologies include Driving Safety Support Systems (DSSS) and Advanced Safety Vehicle (ASV). ... Continue reading
Kia Motors UK President To Head Up Kia Motors Europe
Kia Motors Europe is pleased to announce the appointment of Mr Sun-Young Kim to the position of President Kia Motors Europe (KME) with immediate effect. Mr Kim joins KME from his position as President and CEO of Kia Motors (UK) Ltd. and brings a wealth of diverse executive experience to Kia's European operations having ... Continue reading
Nissan Announces New GT-R SpecV Model
Nissan Motor Co., Ltd. today announced a new limited-production Nissan GT-R SpecV model, which goes on sale at seven specially selected Nissan dealers throughout Japan on February 2, 2009. The GT-R SpecV is targeted specifically at enthusiast drivers who desire race car-level performance in a street-legal vehicle. ... Continue reading
New Ford Sync Features Help Drivers Save Time, Fuel With Personalized News, Traffic Details
Ford is expanding its connectivity leadership by introducing exclusive new SYNC real-time information features that deliver personalized news updates to drivers' mobile phones while helping them navigate around trouble spots, saving time and fuel. ... Continue reading
Volkswagen Group Australia Sells 29,875 Vehicles in 2008
Volkswagen Group Australia has achieved a new record with 29,875 vehicle sales in a calendar year, its fourth straight year of growth. Volkswagen maintained its position as the 10th highest selling brand in Australia for the year, growing at 9% in 2008, the highest growth of the top 10 brands. Volkswagen also increased ... Continue reading
It's Green Baby - Mazda Cuts Precious Metal Usage 70 Percent in New Single-nanocatalyst
Hiroshima, Jan 8, 2009; Mazda Motor Corporation has announced the world's first market application of single-nanocatalyst* technology in automobile catalytic converters. This highly durable new catalyst significantly reduces the amount of precious metals used and effectively purifies vehicle exhaust gases. It will firs ... Continue reading
CNN's 2008's Automotive Winners and Losers
Washington DC January 7, 2009; THe AIADA newsletter reported that even as grateful manufacturers and dealers bid goodbye to 2008, the worst year for sales in decades, CNN was looking back and compiling a list of automotive winners and losers for the year. Once again, the Toyota Camry landed the spot of "best selling ca ... Continue reading
U.S. Auto Sales May Pick Up By Summer
Washington DC January 6, 2009; The AIADA newsletter reported that U.S. auto sales will slide for a fourth straight year in 2009, executives and analysts said in the wake of yesterday's year-end sales reports. Any signs of recovery aren't expected to appear until midyear. Automotive News reports that a 35.6 percent drop ... Continue reading
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Vehicle manufacturers and alt fuels.
