German Car Manufacturers Not at 2010 Detroit Auto Show?
By Henny Hemmes Detroit, Michigan. Next year, there is a fair chance that the North American International Auto Show has to do without the German car manufacturers. After the media days of the show that was held this month, the representatives of Audi, BMW, Mercedes and Volkswagen got together to talk about their possi ... Continue reading
CONTECH, LLC Enters Final Phase of Restructuring Effort
PORTAGE, Mich.--CONTECH, LLC today announced that it and its domestic subsidiaries have voluntarily filed a petition under Chapter 11 of the U.S. Bankruptcy Code, commencing a reorganization proceeding. The filings were made today in the U.S. Bankruptcy Court for the Eastern District of Michigan. The move, which was ma ... Continue reading
2009 New Mini Convertible Review
Always Open â the new Mini Convertible By Henny Hemmes Senior Editor Amsterdam Bureau The Auto Channel Do you like to smell the grass in spring, or inhale the oxygen filled air in the winter time? You might be a fan of cars with folding tops, or even be one of the more than 164,000 owners of a Mini Convertible. So ... Continue reading
Federal-Mogul Corporation Schedules Conference Call for Fourth Quarter and Full-Year 2008 Results
SOUTHFIELD, Mich., Jan. 30 -- Federal-Mogul Corporation today announced that the Company's fourth quarter and full-year 2008 financial results conference call and audio Web cast will be held on Tuesday, February 24, 2009 at 10:00 a.m., EST. (Logo: http://www.newscom.com/cgi-bin/prnh/20081002/FEDERALMOGULLOGO ) To parti ... Continue reading
NEW YORK--Polaris Acquisition Corp. (âPolarisâ) (NYSE Alternext: TKP), a special-purpose acquisition company, announced today that it had set the record date for a special meeting of stockholders at which Polaris will seek stockholder approval of the amended and restated agreement and plan of merger, dated No ... Continue reading
VSE Opens Vehicle Modernization Facility in Kuwait
KUWAIT CITY, Kuwait--VSE Corporation (NASDAQ GS:VSEC) held a ribbon-cutting ceremony this week for a new 900,000-square foot Route Clearing Vehicle (RCV) refurbishment complex. VSE serves as the prime contractor for the RCV Fleet Modernization Program in Iraq and Afghanistan to improve the U.S. military's defense again ... Continue reading
CarInsurance.com - The Only Site You Need For Online Car Insurance
CarInsurance.com Expands Into Alaska, Hawaii, Montana, North Dakota, South Dakota, and Wyoming ALTAMONTE SPRINGS, Fla., Jan. 30 -- CarInsurance.com expanded its services into Alaska, Hawaii, Montana, North Dakota, South Dakota, and Wyoming this week. Now is the time to shop for insurance in America. As economic times g ... Continue reading
2010 Volvo XC60 Review and Specs
VOLVO XC60 A San Francisco Intro By Steve Purdy TheAutoChannel.com Detroit Bureau [Front] The dead of winter here in Michigan (temps in single digits for weeks at a time) is a great time to migrate, if only for a few days, to the west coast where we basked in the 55-degree light rain of San Francisco and spent a day dr ... Continue reading
CarInsurance.com – The Only Site You Need For Online Car Insurance
ALTAMONTE SPRINGS, Fla.--CarInsurance.com expanded its services into Alaska, Hawaii, Montana, North Dakota, South Dakota, and Wyoming this week. Now is the time to shop for insurance in America. As economic times get harder, consumers must shop for car insurance to save money. Using CarInsurance.com you can compare com ... Continue reading
Trail riders encouraged by decision on Mississippi National Forest
American Motorcyclist Association News Release ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~ Jan. 30, 2009 FOR IMMEDIATE RELEASE Contact: Pete terHorst Phone: (877) 877-8969 E-mail: peter.terhorst@sympoint.com [mailto:peter.terhorst@sympoint.com] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ... Continue reading
Need for Speed Franchise Races Into New Genres
REDWOOD CITY, Calif.--Fifteen years; more than 40 countries; close to 100 million games sold. Need for Speed⢠has helped to define automotive culture for millions of fans with its embrace of the car lifestyle and its cool rebellious attitude. Today, Electronic Arts Inc. unveiled the details of what is in store for ... Continue reading
Dover Motorsports Announces Agreement to Sell Memphis Motorsports Park to Gulf Coast Entertainment
Dover Del., January 30, 2009: Dover Motorsports, Inc. announced today that it has entered into a definitive agreement to sell Memphis Motorsports Park to Gulf Coast Entertainment, L.L.C. Under the terms of the agreement, Dover Motorsports will sell all of the stock of its subsidiary Memphis International Motorsports Co ... Continue reading
Oshkosh Corporation to Present at Cowen & Co. Aerospace & Defense Conference
OSHKOSH, Wis.--Oshkosh Corporation announced today that Charlie Szews, its president and chief operating officer, will present at the Cowen & Co. 2009 Aerospace & Defense Conference being held at the Barclay Intercontinental Hotel in New York on Thursday, February 5, 2009. The presentation is scheduled to start at 11:1 ... Continue reading
Donaldson Company Declares Quarterly Cash Dividend
MINNEAPOLIS--Donaldson Company, Inc. , announced today that its Board of Directors declared a regular cash dividend of 11.5 cents per share, payable March 13th to shareholders of record as of February 20th. As of December 31st, there were approximately 77,000,000 shares outstanding. The current declaration is the 214th ... Continue reading
Report: More Uninsured Drivers Unleashed on Texas Roads
Allstate Issues 2009 Traffic Alert IRVING, Texas, Jan. 30 -- More than 21,000 Allstate insured drivers in Texas were involved in car accidents with drivers who had no auto insurance in 2008. According to a recent report by the Insurance Research Council, the economic downturn could cause a jump in the number of uninsur ... Continue reading
[RealWire] easyVan.com drives to Dublin & Cork
Company: easyCar (http://www.easycar.com/) Release summary: Dublin & Cork people on the move can look forward to cheap and reliable van hire as expert van hire broker http://www.easyVan.com has opened up its first Irish locations in Dublin and Cork. This latest addition is in partnership with Northgate, the largest van ... Continue reading
Fitch Places Harley-Davidson Inc. and HDFS on Rating Watch Negative
NEW YORK--Fitch Ratings places Harley-Davidson Inc. and HOG's 100% owned subsidiary, Harley-Davidson Financial Services, Inc. (HDFS) on Rating Watch Negative as follows: Harley-Davidson Inc --Issuer Default Rating (IDR) 'A'. Harley-Davidson Financial Services --IDR 'A'; --Short-term IDR 'F1'; --Senior unsecured 'A'. Ha ... Continue reading
Michelin Recalling 597 Tires in United States
GREENVILLE, S.C., Jan. 30 -- Michelin is recalling 597 Michelin(R) Pilot(R) Alpin(R) PA2 ZP winter tires in size 225/50 R17 94H sold in the United States after the company discovered that affected tires are non-compliant with the NHTSA requirement for a marking indicating that the tire has been certified to its motor v ... Continue reading
Porsche Cannot Escape General Downward Trend
STUTTGART, Germany & ATLANTA--Porsche Automobil Holding SE, Stuttgart, was not able to escape the general downward trend in the global automotive industry in the first six months of the current year of business 2008/09 (1 August 2008 - 31 January 2009) and will therefore show a decrease in revenues according to provisi ... Continue reading
Hybrid Tahoe on The Auto Channel
Hybrid Tahoe The Auto Channel has almost 150 Tahoe Hybrid stores, articles and news concerning the new Chevrolet Tahoe Hybrid. Stories such as - Moms Blog Their Way Across the U.S. in a Chevy Tahoe Hybrid - VIDEO STORY.Tahoe Hybrid specs, reviews, pictures and prices can be found on the Chevrolet Buyers Guide, just cho ... Continue reading
IRVINE, Calif., Jan. 30 -- Quantum Fuel Systems Technologies Worldwide, Inc. co-founded Fisker automotive and designed and engineered its proprietary Q-Drive. After capturing the spotlight and unprecedented media attention at the North American International Auto Show in Detroit, the Fisker Karma sports sedan is now on ... Continue reading
Capital Automotive LLC Declares Quarterly Preferred Unit Distributions
MCLEAN, Va., Jan. 30 -- Capital Automotive LLC (the "Company"), the nation's leading specialty finance company for automotive retail real estate, today announced that its Board of Managers has declared a dividend for the period commencing November 1, 2008 and ending January 31, 2009 of $0.46875 per Series A Cumulative ... Continue reading
Cytec Declares 2008 Quarterly Dividend
WOODLAND PARK, N.J.--Cytec Industries Inc. announced today that the companyâs Board of Directors declared a regular quarterly cash dividend of $0.125 per share on the common stock of the company, payable on February 25, 2009 to shareholders of record as of February 10, 2009. Forward-Looking and Cautionary Statemen ... Continue reading
Naples Winter Wine Festival Charity Auction Features an Audi R8
HERNDON, Va., Jan. 30 -- One of the grandest prizes up for auction this year at the Naples Winter Wine Festival, Naples, Florida charity event is the chance to own an Audi R8 sports car finished in Ibis White and a black Fine Nappa leather interior. The Naples Winter Wine Festival is one of the nation's leading arts an ... Continue reading
This is the backup text to a formatted email. Because your mail program is not accepting the formatted version, you need to either click on the following link, or copy it to your browser to see this report. You can also notify the sender that this email was not compatible with your email program and request that future ... Continue reading
Goodyear Announces Fourth Quarter 2008 Earnings Release, Conference Call
AKRON, Ohio, Jan. 30 -- The Goodyear Tire & Rubber Company will report fourth quarter 2008 financial results before markets open on Wednesday, February 18, to be followed by an investor conference call at 9 a.m. (Logo: http://www.newscom.com/cgi-bin/prnh/20050204/GTLOGO ) Participating in the conference call will be Ro ... Continue reading
American Axle & Manufacturing Reports Fourth Quarter and Full Year 2008 Financial Results
DETROIT, Jan. 30 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today reported its financial results for the fourth quarter and full year 2008. Full Year 2008 Results -- Full year sales of $2.1 billion -- Net loss of $1.2 billion, or $23.73 per share -- AAM's full year result ... Continue reading
Honeywell 2008 Full-Year Sales Up 6%, Earnings Per Share up 19%
Company Delivers Fourth Quarter EPS Growth of 7% Despite Tough Economic Environment MORRIS TOWNSHIP, N.J., Jan. 30 -- Honeywell today announced full-year 2008 sales increased 6% to $36.6 billion from $34.6 billion in 2007. Earnings per share were up 19% to $3.76 versus $3.16 in the prior year. Cash flow from operations ... Continue reading
TOKYO, Jan. 30 -- Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal third quarter and the fiscal nine months ended December 31, 2008. Third Quarter Results Honda's consolidated net income for the fiscal third quarter ended December 31, 2008 totaled JPY 20.2 billion (USD 222 million ... Continue reading
New Managing Director for BMW UK
Tim Abbott has been named the new Managing Director of BMW (UK) and will take up his new position on 1 February 2009. Tim is currently the company's Sales Director, a post he has held since August 2006. He replaces Klaus Kibsgaard who is moving to a new senior management post within the BMW Group Sales and Marketing di ... Continue reading
PACCAR Announces 70 Consecutive Years of Net Profit
BELLEVUE, Wash.--âPACCAR earned its fourth highest annual net income in its 103-year history in 2008 and has delivered a remarkable 70 consecutive years of net profit to its shareholders,â said Mark C. Pigott, chairman and chief executive officer. âPACCARâs financial results reflect the benefits of ... Continue reading
LORD MR Shock Durability Exceeds HMMWV Passive Damper Spec by Factor of Four
CARY, N.C., Jan. 30 -- LORD Corporation -- a leader in the management of vibration, motion and noise -- has announced the performance level of their Magneto-Rheological (MR) active shock absorbers for military vehicle primary suspensions. In recent lab testing conducted by LORD, MR active shock absorbers for HMMWV and ... Continue reading
Pep Boys Announces Cost Reduction Initiatives
PHILADELPHIA--The Pep Boys â Manny, Moe & Jack , the nationâs leading automotive aftermarket retail and service chain, announced that it will implement approximately $20.1 million in pre-tax cost reduction initiatives to improve the Companyâs 2009 financial performance. These initiatives include a Compan ... Continue reading
Raser Signs $15 Million Line of Credit Agreement
PROVO, Utah--Raser Technologies, Inc. announced today the signing of a line of credit agreement, pursuant to which Raser may borrow up to $15 million. Raser signed the credit agreement with a syndicate of four lenders, including an entity controlled by the Companyâs Chairman, Kraig Higginson. The Company obtained ... Continue reading
Hypermiling iQ Breaks 500 Miles on one Tank of Fuel
There is no questioning iQ's status as one of the most fuel-efficient cars on the market, but a new hypermiling challenge has seen the tiny Toyota perform way beyond its official mpg figures. ... Continue reading
Toyota to Debut Tundra Ad From Saatchi LA During Super Bowl XLIII
TORRANCE, Calif., Jan. 30 -- Saatchi LA is pleased to announce that the Toyota Tundra full-size pickup truck will return to the Super Bowl with a new actual demonstration ad in Super Bowl XLIII. The edge-of-your-seat :30 spot, "Killer Heat," will debut during the Super Bowl XLIII Halftime Show. Continuing on the same t ... Continue reading
Who: Stefan Jacoby, President/CEO, Volkswagen Group of America and Chairman of the Alliance of Automobile Manufacturers What: Stefan Jacoby will deliver a keynote speech titled Driving the Future through Innovation and Responsibility where he will share insights into the future of the Automotive Industry and how Volksw ... Continue reading
Supreme’s New “SIGNATURE” Van Body Hits Production Line
GOSHEN, Ind.--Supreme Industries, Inc. , a leading manufacturer of specialized commercial vehicles, including truck bodies, shuttle buses, armored vehicles, homeland response vehicles and luxury motorcoaches, today announced that it has begun production of its highly anticipated âSIGNATUREâ Van Body. This new ... Continue reading
Volvo Cars receives Paul Pietsch Award 2009 for City Safety
Volvo Cars has been honoured with the prestigious Paul Pietsch Award 2009, given by the reputed German automobile journal "auto motor and sport", for its innovative safety system, City Safety. Volvo City Safety is a new driver assistant system which can prevent rear-end collisions typical of low speeds or at least redu ... Continue reading
GEICO Gecko Celebrates One Year Anniversary of Zoo and Aquarium Tours
MIAMI--GEICO will be handing out free passes to the first 100 children who come to the Miami Metro Zoo on Saturday, Jan. 31 to help celebrate the one year anniversary of GEICOâs traveling gecko exhibit. The live gecko exhibit is part of an ongoing GEICO and AZA nationwide conservation campaign. The tour features t ... Continue reading
K&N News - January 30, 2009 4:00 AM - 139011
K&N News January 23, 2009 3:00 AM - January 30, 2009 4:00 AM <http://www.knfilters.com/images/KNLogo.gif> _____ CORPORATE NEWS _____ Hot Rodders of Tomorrow Engine Challenge Championship Held at Race and Peformance Expo <http://www.knfilters.com/news/news.aspx?ID=1784> Thursday - January 29, 2009 3:10 PM The Race and P ... Continue reading
Porsche Cannot Escape General Downward Trend
Porsche Automobil Holding SE, Stuttgart, was not able to escape the general downward trend in the global automotive industry in the first six months of the current year of business 2008/09 (1 August 2008 - 31 January 2009) and will therefore show a decrease in revenues according to provisional figures of 14.3 per cent ... Continue reading
DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/research/0a8c3c/the_automotive_tec) has announced the addition of the "The Automotive Technology Roadmap 2009" report to their offering. The report sets out the key drivers of change within the auto industry and analyses the current framework of c ... Continue reading
MANCHESTER, England, January 30 -- Specialist Road Traffic Law firm Driving Defences LLP say that thousands of people convicted of failing to provide a specimen could see their convictions quashed due to the fact that the police Intoximeter machine could be proven unreliable. This revelation follows a test case which w ... Continue reading
JAMA UPDATE NEWS: Statistics Summary for December 2008 Production-Export and Overseas Production
*: *: *: *: *: *: *: *: *: *: *: *: *: *: *: *: ------------------------------------------------------------- JAMA UPDATE NEWS [http://www.jama-english.jp/] ------------------------------------------------------------- *: *: *: *: *: *: *: *: *: *: *: *: *: *: *: *: January 30, 2009 UPDATE 1: December 2008 and Calendar ... Continue reading
GME Chief Designer Mark Adams Receives Designbest Award
Mark Adams, Vice-President GM Europe Design, was recognized by an international panel for his work on the design of the new Opel/Vauxhall Insignia with the 'DESIGNBEST 2009' award from AUTOBEST, organizers of the event. Turkey's jury member Okan Altan presented the trophy Thursday night in a ceremony in Istanbul. ... Continue reading
Vauxhall Fashion Scout Introduces the Designers of the Future as Fashion Fever Hits London
Vauxhall Fashion Scout, the leading off-schedule venue at London Fashion Week, is back for its sixth season. Playing host to an impressive 22 designers, the all-encompassing venue is set to take the fashion world by storm as it previews collections from some of the best new-comers to the industry, including rising star ... Continue reading
Cadillac Unleashes World's Fastest Production V8 Sedan in the UAE: The 2009 CTS-V
The world's fastest V8 production sedan, the all-new CTS-V, was officially launched in the UAE at a major performance drive event at the Dubai Autodrome. As Cadillac's top-of-line sedan, the CTS-V combines the serious performance of an elite sports car with the poise and elegance of a luxury sedan. ... Continue reading
Is Your Teen Ready to Drive Alone for the First Time?
DALLAS--Why are new drivers more likely to be in accidents? And how can they better prepare themselves to be safe when driving unsupervised? GEICO will be at MADDâs 3rd Annual Youth Leadership Summit at the Goodwill building, Thursday, Feb. 5, at noon to help answer those questions. GEICO associate John Balfour wi ... Continue reading
The unprecedented sales and deals available on the high street and in shopping centres across the UK has created a reverse shopping trend - as 67% of shoppers say they are less likely to shop online in order to drive out for a spending spree. ... Continue reading
Berlin Dealership Celebrates Centennial: 100 Years Of Mercedes-Benz Sales In Germany
The Berlin company-owned sales and service outlet extended invitations to a ceremony which took place today to mark its 100th anniversary. Some 800 guests attended the function at the Mercedes World Berlin on Salzufer. At the same time, this event is the start of a series of jubilees at the Mercedes-Benz-owned sales an ... Continue reading
Decision to Establish Joint Venture Between Daimler And Beiqi Foton Is Affirmed in Letter of Intent
In the presence of German Chancellor Angela Merkel and Gou Zhongwen, the Vice Mayor of Beijing, Beiqi Foton Motor Co., Ltd. and Daimler AG signed a letter of intent to form a 50:50 joint venture to produce medium and heavy-duty trucks and exchange technology in China. This is the foundation for the next step of the pro ... Continue reading
Leighton Car Company Picks Up National Dealer Award
The Leighton Car Company, the Suzuki franchise dealer based in Leighton Buzzard, Bedfordshire, beat off stiff competition from the remainder of the Japanese manufacturer's retail network in the UK to claim Suzuki's annual National Dealer of the Year award for 2008. Dealer Principal Philip Haupt was handed the trophy at ... Continue reading
Spyker Trading Update Fourth Quarter 2008
Spyker Cars N.V., manufacturer of exclusive premium sports cars, today announces the trading update for the fourth quarter of 2008. Spyker is listed on Eurolist by Euronext Amsterdam (ticker symbol SPYKR). As from March 2nd, 2009 Spyker will be excluded from the AscX index (Amsterdam Small Cap Index). ... Continue reading
Honda has announced that the Honda S2000 Ultimate Edition will go on sale from March 2009 in Europe. This limited edition has been produced to mark the end of production for the award winning sports car. ... Continue reading
Record Production Levels for Suzuki
Suzuki Motor Corporation (SMC) achieved record global car production figures in the 2008 calendar year, with a total production of 2,623,788 units. Plants outside of Japan contributed more than 50 per cent of total production, accounting for 1,405,553 units. That constituted a two per cent increase on 2007 figures. ... Continue reading
More Choice for Customers as Volkswagen Expands Passat CC Range
Volkswagen's four-door, four-seat coupé, the Passat CC, is now available to order with a seven-speed DSG gearbox which enhances performance and economy. ... Continue reading
Icy Car Windows? A Real World Test Of Prestone Ice and Frost Shield and Prestone Windshield De-Icer
By Bob Gordon Co-publisher The Auto Channel Louisville Bureau As they all say, timing is everything⦠last week The Auto Channel received a UPS shipment that contained Prestone Winter Care Productsâ¦Prestone Ice & Frost Shield Vehicle Glass Treatment and Prestone Windshield De-Icer for evaluation and truth in l ... Continue reading
Buy a Perodua Myvi EZI and Receive £250 Absolutely Free!
In addition to the generous £1,000 cash back, for a limited period Perodua are offering every customer who purchases a new Myvi EZI through its UK dealer network £250 absolutely free! Available for just £7,299 the Myvi EZI offers today's motorists an inexpensive automatic car without compromising on specification. ... Continue reading
CAW to restart talks with automakers
DETROIT January 29, 2009; Kevin Krolicki writing for Reuters reported that the Canadian Auto Workers union said on Thursday it was open to negotiating new wage and benefit deals with embattled U.S. automakers, opening the door to concessions less than a year into three-year contracts. "Labor costs clearly did not cause ... Continue reading
Toyota to idle Mexican car plant for five days
MEXICO CITY, Jan 29, 2009; Mica Rosenberg writing for Reuters reported that Toyota's car manufacturing plant in northern Mexico will sit idle for five days in February, responding to falling demand from consumers hit by the widening global financial crisis, the company said on Thursday. Toyota Motor Corp, the world's N ... Continue reading
California Gas Use Down 5.1%, Diesel Use Drops 8.6%
SACRAMENTO, Calif. January 29, 2009; Betty T. Yee, Chairwoman of the Board of Equalization (BOE), today announced gasoline figures that show Californians used less gasoline in October 2008 than in October 2007, down 67 million gallons from the prior year, a decline of 5.1 percent. Californians used a total of 1.25 bill ... Continue reading
LAS VEGAS, NV Jan 29, 2009; Four decades after Shelby and Ford collaborated on a race version of the legendary Mustang, the companies are offering a limited edition track day version of the Ford Shelby GT. Ford Racing and Shelby Automobiles, a wholly owned subsidiary of Carroll Shelby International, Inc. (Other OTC:CSB ... Continue reading
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