Say It Ain't So - Low Oil Prices May Stall Efficient Auto Future
WASHINGTON, March 5, 2009; John Crawley writing for Reuters reported that falling oil prices could hurt investment in fuel efficient vehicles and capital projects designed to promote energy saving technologies, an automotive research firm warned on Thursday. CSM Worldwide told the Environmental Protection Agency that s ... Continue reading
AARON STEELE COMES TO U.S. TO TEST FJR-50 AT CHALLENGING INFINEON RACEWAY
Contacts: Lauren McGee BNC PR 310/854-4863 lmcgee@bncpr.com <mailto:lmcgee@bncpr.com> Phil Lane Emotive Experiential 707/935-8300 plane@emo.tv <mailto:plane@emo.tv> JIM RUSSELL CHAMPIONSHIP SERIES KICKS OFF SEASON WITH VISIT BY TOP ENGLISH DRIVER AARON STEELE COMES TO U.S. TO TEST FJR-50 AT CHALLENGING INFINEON RACEWAY ... Continue reading
BorgWarner Suspends Quarterly Dividend; Decision Aimed To Maximize Financial Flexibility
AUBURN HILLS, Mich., March 5 -- The board of directors of BorgWarner Inc. today announced the temporary suspension of the company's quarterly dividend of $0.12 per share until global economic conditions improve. "We are facing an unprecedented discontinuity in the marketplace," said Timothy Manganello, Chairman and CEO ... Continue reading
UNIVERSAL CITY, Calif., March 5 -- WHAT: The world premiere of "FAST & FURIOUS" WHO: "FAST & FURIOUS" director Justin Lin; cast member/producer Vin Diesel; cast members Paul Walker, Michelle Rodriguez, Jordana Brewster, John Ortiz, Laz Alonso and Sung Kang; producers Neal H. Moritz and Michael Fottrell; and screenwrite ... Continue reading
Future Of The Honda Racing F1 Team Secured
Brackley, UK March 5, 2009: Honda Motor Company Limited and Ross Brawn are pleased to confirm that they have reached agreement to secure the future of the former Honda Racing F1 Team. With immediate effect, Honda will pass ownership to Ross Brawn, Team Principal of the new Brawn GP Formula One Team. Brawn GP has agreed ... Continue reading
HERNDON, Va., March 5 -- Volkswagen Group of America announced today that President and CEO Stefan Jacoby will speak at UCLA Anderson School of Management. Mr. Jacoby will discuss the challenges facing the automotive industry and potential solutions in today's economic climate. He will also talk about Volkswagen's 2018 ... Continue reading
Media Advisory: 150 MPG SUV Ride and Drive Friday, March 6
San Francisco Civic Center The national Center for Small Business and the Environment, Small Business California and the City of San Francisco invite you to test drive AFS Trinity's new 150 Mile Per Gallon XH150S Extreme Hybrid SUV prototypes. Don't miss the opportunity to experience a way to achieve oil independence, ... Continue reading
Indycar Series Notes - March 5, 2009
1. Dixon will battle âusual suspectsâ in attempt to repeat title: Scott Dixon will attempt to become the second driver in IndyCar Series history to follow up one championship season with another. To do so, heâll have to battle what most fellow drivers refer to as âthe usual suspects.â Those usu ... Continue reading
Meritor Suspension Systems Company to Close Coil Spring Operations in Milton, Ontario, Canada
MILTON, Canada, March 5 -- Meritor Suspension Systems Company (MSSC), a joint venture between ArvinMeritor, Inc. and Mitsubishi Steel Manufacturing, announced today that it plans to close its coil spring operations in Milton, Ontario, Canada. The company met with union officials of the Canadian Auto Workers Local 1067 ... Continue reading
Visteon Corporation Stock to Trade Over-the-Counter Under New Symbol
VAN BUREN TOWNSHIP, Mich., March 5, 2009 -- Visteon Corporation announced today that its common stock will begin trading over-the-counter on the Pink Sheets on Friday, March 6, under the symbol VSTN. Trading information pertaining to VSTN can be found on most electronic financial portals and at www.pinksheets.com. (Log ... Continue reading
Manheim Used Vehicle Value Index - February 2009
The February 2009 Manheim Used Vehicle Value Index numbers and commentary will be posted on the link below at 9 a.m. Eastern Standard Time on Friday, March 6. You can access the Index by visiting www.manheim.com/consulting and clicking the "Used Vehicle Value Index" link. _______________________________________________ ... Continue reading
For Immediate Release: CONTACT: Gavin McDonald March 5, 2009 (202) 637-0707 (202) 351-8547 (mobile) gmcdonald@iupat.org *** INTERVIEW OPPORTUNITY *** IUPAT General President James A. Williams Available to Discuss AFL-CIO Meetings Involving Vice President Biden, Secretary of Labor Solis Fort Lauderdale, FL - March 5, 20 ... Continue reading
Newman Wachs Racing Adds Niemela For Strongest Team To Date
Mundelein, IL March 5, 2009: Newman Wachs Racing celebrates the largest Atlantic Championship Series prize money funding in history with the completion of the strongest driver lineup of the modern Swift 016 era. Reigning Atlantic Champion, Markus Niemela will join reigning Star Mazda Champion, John Edwards in NWRâ ... Continue reading
Peter Dempsey Joins AIM Autosport Star Mazda Squad At Sebring
Woodbridge, Ontario March 05, 2009: AIM Autosport is pleased to announce that Peter Dempsey will join the team to contest the 2009 Star Mazda Championship presented by Goodyear. Dempsey, a native of Ashbourne, Ireland, is slated to run in a third car for AIM starting with the first race of the season at Sebring, Florid ... Continue reading
Race Car Driver Becomes Conservation Activist
Reston, VA., march 5, 2009: Some may think that protecting the environment while racing cars is an oxymoron. But not for biology graduate turned race car driver Leilani Munter who is piloting a new Ambassador Program for the National Wildlife Federation. Munter has been racing professionally since 2001 and is on a miss ... Continue reading
The Biodiesel Industry Is Struggling And We Need Your Help!
I know you're busy and appreciate the time you are taking to read this. My name is Valerie Church and I am the Director of Marketing for SRS Engineering Corporation in Murrieta, California. We are a biodiesel equipment manufacturer right in your own backyard looking for support from media professionals like yourself to ... Continue reading
2009 Geneva Motor Show: Infiniti Essence Concept Debuts - COMPLETE VIDEO
GENEVA - March 5, 2009: The essence of the Infiniti brand distilled into one car and then taken to the extremes to satisfy the worldâs most demanding car enthusiasts â this is the Infiniti Essence. Presented as a concept at the 79th International Motor Show of Geneva, Essence is a celebration of Infiniti and ... Continue reading
SAE International Announces 2008-2009 Class of SAE Fellows
WARRENDALE, Pa., March 5 /PRNewswire-USNewswire/ -- Twenty-seven engineers and scientists from industry and academia now have the prestigious SAE International status of "SAE Fellow." Each will receive the award during the SAE 2009 World Congress Awards Ceremony in Detroit, April 21. SAE Fellowship status is the highes ... Continue reading
TULSA, Okla., March 5 -- The Dan Kruse-Leake Collector Car Show & Auction will kick off their first auction in San Antonio's Alamodome with a 1971 Cuda thought to be purchased by and titled to Elvis Presley. Some believe that the car was purchased by Elvis in Louisville, KY in November of 1971 as a gift to a female fri ... Continue reading
Auto Dealers Would Face Brunt of Burden Under California Fuel Economy Rules
NADA chairman says a single, national fuel economy standard is a more effective way to cut greenhouse gas emissions WASHINGTON, March 5 /PRNewswire-USNewswire/ -- The chairman of the National Automobile Dealers Association, John McEleney, told the Environmental Protection Agency today that complying with state-based fu ... Continue reading
Mazda President and CEO, James O'Sullivan, to Receive 2009 Automotive Executive of the Year Award
DETROIT, March 5 -- The 2009 Automotive Executive of the Year Award will be presented to James O'Sullivan, President and CEO, Mazda North American Operations, and Managing Executive Officer, Mazda Motor Corporation, at an invitation-only luncheon at the Detroit Athletic Club (DAC) on May 6th. More than 200 automotive O ... Continue reading
Standard Motor Products, Inc. Announces Fourth Quarter 2008 Earnings Conference Call
NEW YORK, March 5 -- Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, is scheduled to report its earnings for the three months and for the year ended December 31, 2008 on Friday, March 6, 2009 before the opening of the stock market. Standard Motor Products, Inc. will hold a ... Continue reading
Sony's SXRD 4K Projectors Help Keep Ford Motor Company in the Passing Lane
IGI Teams with Automaker to Install Design Room that Delivers Detailed Graphic Renderings on 60-Foot-Wide Screen PARK RIDGE, N.J., March 5 -- Ford Motor Company is accelerating its product design and quality-control capabilities with the help of Sony's SXRD(R) 4K projectors. The automotive giant is using the ultra-high ... Continue reading
ASHLEY FORCE HOOD ENJOYS FRONT & CENTER EVENT, MEETING REBA
ASHLEY FORCE HOOD ENJOYS FRONT & CENTER EVENT, MEETING REBAYORBA LINDA, CA (March 5, 2009) --- Last Saturday Ashley Force Hood emceed the 2009 Cal State Fullerton Front & Center fund raising event at the Honda Center in Anaheim. The event was a huge success and Force Hood enjoyed the experience especially introducing a ... Continue reading
FW: Kurt Johnson Takes Aim at ACDelco NHRA Gatornationals Victory
From: Jeff Romack Sent: Thursday, March 05, 2009 1:42 PM To: Jeff Romack Subject: Kurt Johnson Takes Aim at ACDelco NHRA Gatornationals Victory [cid:image001.jpg@01C99D96.E66E66E0] FOR IMMEDIATE RELEASE Contact: Jeff Romack ACDelco Racing Communications Office: 317.843.5447 Cell: 317.698.1016 jfromack@cs.com<mailto:jfr ... Continue reading
ProMetal RCT to Use Patternless Casting Technology for DiMora Motorcar's V16 Engine
Proprietary 3D printing technology digitally produces sand molds and cores for metal castings without patterns or tooling to power up the 1200-hp Volcano engine for the $2 million Natalia SLS 2 TROY, Mich., March 5 -- ProMetal RCT, LLC, an Ex One Company, has become the latest Technology Partner in the DiMora Motorcar ... Continue reading
Ford Drives Global Fiesta Rollout With China Launch as Sales Continue Rising in Other Markets
-- China is the world's first market to launch the four-door Fiesta sedan, in addition to the five-door hatchback -- Ford Fiesta is built at Changan Ford Mazda Automobile Company's state-of-the-art Nanjing manufacturing facility -- Customers have purchased more than 110,000 new Ford Fiestas since the global debut last ... Continue reading
News Item: AWEA CEO Denise Bode Named Woman of the Year by WCEE
Robert , The Women's Council on Energy and the Environment today awards Denise Bode, CEO of American Wind Energy Association (AWEA), as Woman of the Year. Ms. Bode is being recognized for her leadership and accomplishments in advocating for clean and affordable energy. A press release with further details follows below ... Continue reading
ZURICH, March 5 -- The board of directors of SVOX, the leading provider of embedded speech solutions, today announced that Martin Reber was named chief executive officer of SVOX AG on March 1, replacing Volker Jantzen, the company co-founder, who will continue to serve on the board. Mr. Reber formerly served as COO of ... Continue reading
Developer Buys Hybrid to Help Economy, Encourages Others to Follow Suit
COLUMBUS, Ohio, March 5 -- Like everybody these days, George Hadler follows the daily economic news with a sense of anxiety and cautious optimism. While many real estate development firms are taking a pounding, the Columbus, Ohio based Hadler Companies is standing solid due to conservative management and avoidance of r ... Continue reading
Auto Club Insurance Association to Acquire MEEMIC Insurance Company
DEARBORN, Mich., March 5 -- Auto Club Insurance Association, a Dearborn, Michigan-based insurer (ACIA), announced today it has agreed to acquire MEEMIC Insurance Company (MEEMIC) and its insurance agency affiliate, MEEMIC Insurance Services Corporation. ACIA is the second largest provider of auto insurance in Michigan ... Continue reading
TRW Introduces Integrated Electric Park Brake System
KOBLENZ, Germany, March 5 -- TRW Automotive Holdings Corp. has unveiled its integrated Electric Park Brake (EPBi) system, a further development of its first to market Electric Park Brake technology (EPB). EPBi removes the requirement for a separate Electronic Control Unit (ECU) due to its integration with the electroni ... Continue reading
China Automotive Systems Expects Record Production at Two Subsidiaries
WUHAN, Hubei, China, March 5 /PRNewswire-Asia/ -- China Automotive Systems, Inc. , a leading power steering components and systems supplier in China, today announced that its subsidiary, Jingzhou Henglong Automotive Parts Co., Ltd. ("Henglong") plans to have a record monthly production of 85,000 power steering units fo ... Continue reading
SAE International's Collegiate Design Series Announces 2009 Season
WARRENDALE, Pa., March 5 /PRNewswire-USNewswire/ -- SAE International's Collegiate Design Series kicks off its 2009 season this week at SAE Aero Design West in Van Nuys, Calif. SAE forges a strong bond with college students who will become the next generation of mobility engineers through its popular Collegiate Design ... Continue reading
Jaguar Land Rover Workers Vote to Save Jobs
LONDON, March 5 -- Workers at Jaguar Land Rover have today voted overwhelmingly to back proposals their unions believe will help retain jobs at the vehicle manufacturer. The workers employed at JLR's Gaydon, Whitley, Castle Bromwich, Halewood, Solihull and Browns Lane sites voted by 70 per cent to back proposals recomm ... Continue reading
GW Motor CEO Asks Gov't To Buy Small Cars
GW Motor CEO asks gov't to buy small cars http://www.gasgoo.com/auto-news/1009543/GW-Motor-CEO-asks-gov-t-to-buy- small -cars.html Shanghai, March 5 (Gasgoo.com) Great Wall Motor CEO Wang Fengying recently proposed that China's government agencies and institutions should buy more low-emission cars as part of the govern ... Continue reading
Toyota Wants to Strengthen is Position in the Hybrid Segment
By Henny Hemmes Senior European Editor GENEVA, âToyota wants to sell 400,000 units of the Prius to strengthen its number one position as supplier of hybrid cars,â said Toyota Motor Europeâs CEO Tadashi Arashimi on the eve of the Geneva auto show. With the Prius, Toyota wants to grow some 15 percent, whic ... Continue reading
Dongfeng, Geely Say No talks On Bid For GM's Saab
Dongfeng, Geely say no talks on bid for GM's Saab http://www.gasgoo.com/auto-news/1009540/Dongfeng-Geely-say-no-talks-on- bid-f or-GM-s-Saab.html Shanghai, March 5 (Gasgoo.com) Chinese automakers Dongfeng Motor Group and Geely Automotive Holdings Ltd said on Wednesday that they have not held any talks over a possible b ... Continue reading
VW Delays Bringing Seat To China Amid Recession
VW delays bringing Seat to China amid recession http://www.gasgoo.com/auto-news/1009547/VW-delays-bringing-Seat-to-Chin a-ami d-recession.html Shanghai, March 5 (Gasgoo.com) As the financial crisis is deepening, Volkswagen AG will postpone its introduction of Seat brand vehicles to China, Winfried Vahland, president an ... Continue reading
Ross Bentley's Inner Speed Secrets Seminar To be Held at BeaveRun March 28
SURREY, B.C., Canada, March 4, 2009: Techniques that have proven to lower race car driversâ lap times by over 1 second will be disclosed at a special âInner Speed Secretsâ seminar on Saturday, March 28 at the BeaveRun Motorsports Complex in Wampum, Pa., just outside Pittsburgh.<p> Ross Bentley, a former ... Continue reading
Meijer Extends Kentucky Speedway NASCAR Nationwide And Indycar Series Event Partnership
All Kentucky Speedway Races to Carry Primary Sponsorship in 2009 SPARTA, Ky. March 5, 2009: Kentucky Speedway announces Meijer has extended its sponsorships of the NASCAR Nationwide and IndyCar Series 300-mile events staged at the motorsports facility. The NASCAR Nationwide Series ... Continue reading
GM just took another step towards Chapter 11 because auditors have substantial doubt it can stay in business. Visteon is going to be delisted from the New York Stock Exchange, because the company is expected to file for bankruptcy. Honda and Mazda may ask the Japanese government for loans. All that and more, plus a loo ... Continue reading
The Tom Pryce Memorial Trust has got together with Formula One Management Limited and the Formula One teams to offer an on-line charity auction of F1 paddock passes with VIP team hospitality at each of the European Grands Prix. These passes are normally reserved exclusively for VIPs and team guests and are being auctio ... Continue reading
2009 Geneva Motor Show - It's Electric Baby
GENEVA March 4, 2009; Coleen Barry writing for the AP reported that GM's troubled Adam Opel GmbH subsidiary presented the lithium-ion battery powered hatchback Ampera on Tuesday at the Geneva Motor Show, where electric-powered vehicles emerged as one way to persuade environmentally aware consumers to buy new cars durin ... Continue reading
Ford CEO Says Electric Vehicles To Dominate Future Model Lineup
SANTA BARBARA, Calif, March 4, 2009; Nichola Groom writing for Reuters reported that Ford Motor Co (F.N) expects electric vehicles will represent a "major portion" of its lineup a decade from now as the automaker breaks away from a recent reliance on pickup trucks and SUVs, Chief Executive Alan Mulally said on Wednesda ... Continue reading
2009 La Dolce Vita Automobili at Black Horse to Deliver Elegant Event for Car Owners and Enthusiasts
<b>âBayonet and Black Horse Golf Course to Once Again Host Monterey Car Week Event on Greensâ</b> AUBURN, WASHINGTON. March 05, 2009: La Dolce Vita-Automobili at Black Horse will be held Friday, August 14, 2009 on the Monterey Peninsula in Northern California. Founding Partner Kerry McMullen shares, âWhe ... Continue reading
2009 Geneva Motor Show: BMW Reveals Concept 5 Series Gran Turismo - COMPLETE VIDEO
With the future still offering sufficient room for an exciting new driving experience, BMW has once again defined a brand-new vehicle segment: The BMW Concept 5 Series Gran Turismo is the series-based adaptation of the Progressive Activity Sedan (PAS) in the upper midrange segment, offering an impressive outlook on the ... Continue reading
A Fiat 500 Show Car Birthday Gift For Barbie
Fiat 500 makes headlines once more, as befits an authentic Made in Italy icon. This time it's an original Fiat 500 show car dedicated to the most famous fashion doll ever: Barbie. ... Continue reading
Continental, the international automotive supplier, is expanding its product portfolio: after just three years of development work, the Powertrain Division's first turbocharger system for internal combustion engines has reached market maturity. The new turbocharger, designed to allow fully-automated assembly and conseq ... Continue reading
Bugatti Veyron Bleu Centenaire
Bugatti Automobiles S.A.S. presents the Bugatti Veyron Bleu Centenaire at the 2009 Geneve Motor Show, a special commission honouring the 100th anniversary of the company, thus initiating a range of worldwide activities celebrating the creation of this mythic brand a hundred years ago. In addition Bugatti Veyron Grand S ... Continue reading
Linea Vincero - Mansory refines the Bugatti Veyron 16.4
Vincero is the name of the latest automobile accessory line by refining specialist Mansory. ... Continue reading
Nissan to Produce the NV200 Van in Barcelona
Together with the global unveil of the all-new Nissan NV200 at the Geneva Motorshow, the company announced that this model will be produced for Europe in Barcelona, Spain, beginning late this year. ... Continue reading
Unique Online Campaign Promotes New Fiat Qubo in UK
International singer/songwriter, James Morrison, has pledged his support for a unique, online-only marketing event, designed to promote the new Fiat Qubo. ... Continue reading
Ford selects Quaife differential to help deliver 300bhp for latest front wheel drive Focus RS
A motorsport-derived Quaife Automatic Torque Biasing differential, developed to work with innovative Ford RevoKnuckle suspension, allows one of the highest FWD outputs of any production car, with almost zero torque steer. ... Continue reading
Auto Manufacturers Should Take Cue from Computer Industry
Yesterday we learned that Toyota (TM) and Honda (HMC), who were once the pride of the auto industry, have succumbed to market forces and have joined their US counterparts in asking the government for money. Anyone that has been following the auto bailout story cannot help but feel overwhelmed by the litany of problems ... Continue reading
Valmet Automotive Aims to Grow
Enlarged portfolio of services, new vehicle and manufacturing technology and global presence are the key contributors to Valmet Automotiveâs growth in the coming years. ... Continue reading
World Innovation at Geneva Motor Show: the Ruf Dakara
The High Luxury SUV built by RUF is named Dakara and is based on the Porsche Cayenne. ... Continue reading
2010 Toyota Prius - All-New Third Generation Raises the Bar for Hybrid Vehicles - Again
50 MPG with Additional Horsepower, New and Innovative Technology, Improved Aerodynamics, More Head and Legroom YOUNTVILLE, Calif. (March 2, 2009) -- When it launches this spring, the all-new 2010 Toyota Prius will once again set new standards for innovative hybrid design and technology, raising its level of convenience ... Continue reading
American Honda Motor Co. Begins Use of Class 8 Hybrid Truck
TORRANCE, Calif. March 4, 2009; As part of its on-going effort to reduce its global CO2 footprint and fuel consumption, American Honda Motor Co., Inc., (www.honda.com) today became the first company in its industry to introduce a Class 8 hybrid diesel electric truck into its truck fleet at its parts center in Alpharett ... Continue reading
2009 Geneva Motor Show: Ford Reveals iosis MAX Concept
GENEVA, Tuesday, 03 March, 2009; Ford will unveil a head-turning concept car at the 2009 Geneva Motor Show, to express the design direction for its next generation of global C-cars. The iosis MAX features striking exterior and interior treatment based on a fresh interpretation of Fordâs kinetic design form languag ... Continue reading
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