Garcia Flies Atlantic With Condor To Conquer America
Jupiter Fla., March 12, 2009: Borja Garcia will be racing in the 2009 Cooper Tires Presents The Atlantic Championship Powered by Mazda with Condor Motorsports after testing with the team at the Palm Beach International Raceway on Tuesday and Wednesday and topping the time sheets in all four sessions, with a best time o ... Continue reading
U.S. Stimulus Plan Fails to Generate Auto-Sales
Washington DC March 12, 2009; The AIADA newsletter reported that auto makers anticipating a boost in sales from the Obama Admin.'s $800 billion economic stimulus legislation have been sorely disappointed thus far, as dealers characterize the package as a weak incentive at best. Wards reports that the American Recovery ... Continue reading
Quantum Technologies Reports Fiscal 2009 Third Quarter Financial Results
IRVINE, Calif., March 12 -- Quantum Fuel Systems Technologies Worldwide, Inc. , a leader in the development and production of advanced propulsion systems, energy storage technologies, and alternative fuel vehicles and applications including hybrid, plug-in hybrid, hydrogen, and alternative fuel vehicles, today reported ... Continue reading
Commercial Vehicle Group Amends Credit Facility
NEW ALBANY, Ohio, March 12 -- Commercial Vehicle Group, Inc. today announced it has entered into an amendment (the "Amendment") to its asset based Loan and Security Agreement (the "Credit Facility" or "ABL") with Bank of America, N.A. The Amendment eliminates the Company's first quarter 2009 operating performance coven ... Continue reading
Ener1 Reports Fourth Quarter and Year-End 2008 Results
New York, March 12 -- Ener1, Inc. , developer and manufacturer of advanced lithium-ion batteries to power the next generation of hybrid, plug-in hybrid and pure electric vehicles, today reported its 2008 fourth quarter and year-end financial results. The following highlights significant events that occurred since the e ... Continue reading
Bankruptcies Loom as Automotive Suppliers Turn Significantly More Pessimistic
TROY, Mich., March 12 -- Thirty-three percent of automotive suppliers operating in the U.S. are significantly more pessimistic about the general outlook of their businesses over the next 12 months than they were at the beginning of the year, according to respondents to a recent industry survey conducted by the Original ... Continue reading
Audi Lines up Sponsorship of Exclusive Tavistock Cup Golf Tourney
- Two-day tourney features 20 pro golfers from the Isleworth and Lake Nona golf communities in Central Florida with Ernie Els and Mark O'Meara as team captains - First match to feature Isleworth's Tiger Woods and John Cook versus Lake Nona's Chris DiMarco and Henrik Stenson - Any golfer who makes a hole-in-one on # 17 ... Continue reading
Indycar Series Notes - March 12, 2009
1. Pole will be worth one point: Indy Racing League officials have altered the bonus points awarded during an IndyCar Series race weekend to match Firestone Indy Lights â two points for leading the most laps and one point for the pole winner, marking the first time since 2000 that points will be awarded based on q ... Continue reading
European Customer Demand for New Ford Fiesta Stays High, Boosting February Market Share
- Fiesta was best-selling Ford car year-to-date across Europe's main 19 markets - Ford increased February market share for the main 19 markets by 0.8 percentage points to 8.5 percent vs. the same month in 2008 - Ford has consolidated its position as Europe's second best-selling brand COLOGNE, Germany, March 12 -- The n ... Continue reading
Subaru of America, Inc. Names New Chairman
- Ikeda returns to FHI, Hasunuma assumes role - CHERRY HILL, N.J., March 12 -- Subaru of America, Inc. today announced that after a successful tenure, Mr. Tomohiko Ikeda, chairman, president and chief executive officer will return to parent company, Fuji Heavy Industries on April 16. As a promotion, Mr. Ikeda will assu ... Continue reading
DETROIT, March 12 -- GMAC Financial Services today announced that the final monthly distribution date for Superior Wholesale Inventory Financing Trust VIII (SWIFT VIII) will occur on March 16, 2009. This will result in a termination of all of the outstanding SWIFT VIII Floating Rate Asset-Backed Term Notes, Series 2004 ... Continue reading
Continental Introduces Its First Turbocharger for Gasoline Engines
First major contract for a European vehicle platform with US potential mid-term: turbocharger production to start in 2011 AUBURN HILLS, Mich., March 12 -- Continental, the international automotive supplier, is expanding its product portfolio: after just three years of development work, the Powertrain Division's first t ... Continue reading
Puerto Rico Interstate All Battery Center Named Store of the Year
Award presented at IABC's International Franchise Convention DALLAS, March 12 -- Interstate All Battery Center (IABC) franchisees team of Juan and Javier Vento and Eduardo Fernandez was recently recognized as Interstate All Battery Center 2009 Store of the Year at the company's international franchise convention in Dal ... Continue reading
BMW Led Group Develops Ultra Efficient Hydrogen Combustion System
Specialists from BMW, HOERBIGER, the Graz University of Technology, and HyCentA develop a hydrogen combustion process which achieves remarkable efficiency for internal combustion engines for passenger cars. Munich March 12, 2009; The BMW Group Forschung und Technik, in cooperation with researchers in Graz and Vienna, A ... Continue reading
GM Says Swedish Investors Looking at Saab
STOCKHOLM, March 12, 2009; Reuters reported that General Motors' Swedish unit Saab Automobile said on Thursday a group of Sweden-based investors had shown interest in the company. "I cannot disclose who they are. But I can confirm that there is a group of investors in Sweden which has shown interest," Saab spokesman Er ... Continue reading
Toyota Motorsports Notes - NASCAR Sprint Cup Series - March 12, 2009
NOTES & NUMBERS: Toyota Camry drivers have recorded one win (Kyle Busch, Las Vegas), four top-fives and eight top-10 finishes through four 2009 NSCS races ⦠This weekend marks the first NSCS off-weekend and many Camry drivers have distinctly different plans ⦠Michael Waltrip will join actor Jason Lee and the ... Continue reading
Barcelona, March 12, 2009: Brawn GP's Rubens Barrichello headed the field in testing at the Circuit de Catalunya today, replicating the feat of team-mate Jenson Button yesterday. Back at the wheel of the BGP 001 car for the fourth and final day of this week's programme, Rubens brought the team's first pre-season test t ... Continue reading
DETROIT, March 12 -- Autodata Solutions, Inc., a leading provider of technology and professional services to North American automotive manufacturers, today announced an exclusive distributor and integration alliance with Insignia Group, an industry leader in automobile dealership accessories sales and management system ... Continue reading
Roush Drag Racing Team Makes An Impact At NMRA Season-Opener
For Immediate Release ROUSHî/Valvoline Post-Race Report - NMRA Drag Racing Series @ Bradenton Motorsports Park ROUSH DRAG RACING TEAM MAKES AN IMPACT AT NMRA SEASON-OPENER BRADENTON, Fla. (March 10, 2009) - The ROUSHî drag racing team traveled down to Bradenton (Fla.) Motorsports Park this past weekend fo ... Continue reading
Drivers Still Covet Win At Darlington Raceway
Darlington, S.C. March 11, 2009: Darlington Raceway was the site of the latest Goodyear tire test today with four teams, one from each manufacturer that competes in the NASCAR Sprint Cup Series, taking to the track. Bobby Labonte, Kevin Harvick, Elliott Sadler and Denny Hamlin began testing Tuesday afternoon with Goody ... Continue reading
Andrew Aquilante to Race Phoenix Performance Z51 Corvette in World Challenge GT at Sebring
PHOENIXVILLE, Pa. March 12, 2009: Phoenix Performance, Inc. and driver Andrew Aquilante will debut a 2008 C6 Z51 Corvette in the SCCA Pro Racing SPEED World Challenge GT race at Sebring (Fla.) International Raceway on Friday, March 20. No stranger to Corvettes, Andrew drove a Phoenix Performance Z51 Corvette to the Tou ... Continue reading
Great Wall, Chryler Drop Small Car JV Project
Great Wall, Chrysler drop small car JV project http://www.gasgoo.com/auto-news/1009617/Great-Wall-Chryler-drop-small-c ar-JV -project.html Shanghai, March 12 (Gasgoo.com) China's Great Wall Motor has terminated its joint venture project with Chrysler due to changed situations, said the Chinese car company's president W ... Continue reading
China Vehicle Registration Data Hard To Come By
China vehicle registration data hard to come by http://www.gasgoo.com/auto-news/1009621/China-vehicle-registration-data -hard -to-come-by.html Shanghai, March 12 (Gasgoo.com) China's traffic authorities have controlled the country's vehicle registration data, which are kept as secret and expensive information. At this ... Continue reading
Rural Areas To Have 70% Of China Auto Market
Rural areas to have 70% of China auto market http://www.gasgoo.com/auto-news/1009618/Rural-areas-to-have-70-of-China -auto -market.html Shanghai, March 12 (Gasgoo.com) Geely Auto chairman Li Shufu said this week that China's rural market has huge potential for auto sales and the rural areas will account for up to 70% o ... Continue reading
Ford Builds on Electric Power Steering Technology to Enhance Drive Quality, Enable More Features
DEARBORN, Mich., March 12 -- Ford Motor Company is taking full advantage of the fuel economy, performance and reliability benefits associated with Electric Power Steering (EPS) on a variety of Ford, Lincoln and Mercury products, but the company isn't stopping there. Customers already behind the wheel of the Ford Escape ... Continue reading
BRUSSELS, March 12 -- WABCO Holdings Inc. , a global technology leader and tier-one supplier to the commercial vehicle industry, today announced the completion of a strategic partnership agreement to supply China National Heavy Truck Corporation (CNHTC), the largest producer of heavy duty trucks in China. WABCO's strat ... Continue reading
BRUSSELS, March 12 -- WABCO Holdings Inc. , a global technology leader and tier one-supplier to the commercial vehicle industry, today announced that its WABCO University training center recently graduated its 35,000th participant. More than 13,500 customers from 32 countries completed training at WABCO University duri ... Continue reading
ORLANDO, Fla., March 12 -- 4CS, Inc., a leading provider of Service Customer Lifecycle Management (SLM) solutions, is pleased to announce its newest product set, Service Suite. "We have been working hard to build our product solutions into a cohesive suite that brings new value to our customers," said Ashok Kartham, CE ... Continue reading
RaceChairs Newsletter: Ferrari-Mania Sale & TRG Licensed Chairs
(Mailing list information, including unsubscription instructions, is located at the end of this message.) __ RaceChairs Performance Furniture Store Opening & May Sale *Subject: *RaceChairs Ferrari-mania sale * Racechairs brand performance furniture has had many unique new additions to our store as well as great press. ... Continue reading
ATLANTA, March 12 -- Interact Holdings Group, Inc. (Pink Sheets: IHGP) announced today it has closed on the acquisition of the Intellectual Property and Rights for a newly patented electric motor design. The Company anticipates having prototypes of the motor within 90 days for usage in electric scooters, electric motor ... Continue reading
Detroit Science Center Debuts Toyota Engineering Theater
Stories of Real-life Engineers Paired With Special Seating and Audio-Visual Effects Will Excite Visitors About Careers in Engineering DETROIT, March 12 /PRNewswire-USNewswire/ -- Get ready to enter the exciting world of engineering with a theater experience like no other when the Detroit Science Center opens the Toyota ... Continue reading
ThyssenKrupp's UK automotive chassis division takes advantage of HyperWorks CAE enterprise solution and Altair ProductDesign services to deliver world leading products TROY, Mich., March 12 -- Altair Engineering, Inc., a leading global provider of technology and services that empower client innovation and decision-maki ... Continue reading
Inclusion of LCA Abstract Points to Broader Assessment of Environmental Performance in Auto Industry, According to Global Steel Trade Association COPENHAGEN, Denmark, March 12 -- While tailpipe emissions are currently the de facto measurement for greenhouse gas emissions for autos, lifecycle assessment is gaining legit ... Continue reading
Chevrolet Urban Challenge Is Coming To The UAE!
Calling out to all cool youthsters in the UAE! The Chevrolet Urban Challenge Event and the Exclusive Urban Car Show are coming to Abu Dhabi's Marina Mall on 29th April - 2nd May for four days of intense competition, close rivalry and car-fuelled excitement. ... Continue reading
Chevrolet UK - When The Credit Crunches, We Cross
The pen is proving mightier than the control pad as new research out today reveals credit-crunched Brits are favouring the humble crossword over modern games. Nearly nine out of ten UK adults (86 per cent) say they find traditional crossword puzzles more stimulating than modern 'brain training' games. ... Continue reading
New Fiesta Boosts Ford Of Europe Market Share
Ford of Europe increased its market share in February across the company's 19 main markets (Euro 19) by 0.8 percentage points to 8.5 per cent versus the same month last year. ... Continue reading
Mountune Offers More Power For Ford Fiesta
Performance upgrades for the latest Ford Fiesta 1.6-litre petrol-engined models have been developed by Mountune Performance and are offered through selected Ford dealers. ... Continue reading
Think Electric Vehicle Maker Announces U.S. Factory Plans
Think meeting with eight states to host Think EV plant. ANN ARBOR, Mich., March 12 -- Norway's pioneering electric car maker, Think, plans to open a new manufacturing plant and technical center in the United States. The company is currently in discussions with eight states, including Michigan, hoping to host the facili ... Continue reading
Daimler Starts Young Classics Pilot Project
With 'Mercedes-Benz Young Classics' Daimler AG is setting its sights on a new, promising business segment: the growing community of enthusiasts for classic cars of more recent vintage. These are passenger cars in production during the period from 1970 to around 1990. More and more of these Mercedes-Benz models have rea ... Continue reading
MORE: Compare Acura Specs, Prices â Acura Buyers Guide HEELS ON WHEELS: ACURA MDX REVIEW HEELS ON WHEELS By Katrina Ramser San Francisco Bureau The Auto Channel INTRO TO THE ACURA MDX VEHICLE The MDX's claim to fame is being the first crossover to offer third-row seating, but I would say this feature takes a backs ... Continue reading
Mercedes-Benz SLS AMG: High-Tech and Fascination - The new 'Gullwing' from Mercedes-Benz
For the first time in the company's history stretching back over 40 years, the Mercedes-Benz performance brand is presenting a vehicle developed in-house, the Mercedes-Benz SLS AMG. The super sports car serves up an exciting proposition with its unique technology package: aluminium spaceframe body with gullwing doors, ... Continue reading
HEELS ON WHEELS By Katrina Ramser San Francisco Bureau The Auto Channel INTRO TO THE RAV4 VEHICLE The 2009 RAV4 has a tougher restyled exterior and engine with an optional third-row offered on the Base and Limited trims. With a 104.7-inch wheelbase, redesigned grille and both head and tail lamps, you're going to look l ... Continue reading
BMW Group Reports EBIT of euro 921 Million for 2008
The BMW Group's performance held up well in 2008 despite difficult market conditions. "The BMW Group has been able to make improvements at an operating level in the midst of extremely difficult economic times", stated Reithofer Norbert, Chairman of the Board of Management of BMW AG, on Thursday in Munich. "Cost structu ... Continue reading
Barbie Celebrates her 50th Birthday with a New Fiat 500
Barbie, the most famous fashion doll in the world, celebrated her 50th birthday on Monday (9 March) with a unique pink Fiat 500. The special, one-off show car was designed and built in a partnership between Fiat's Style Centre (Centro Stile) and toy maker Mattel, to mark five decades of the internationally-known icon. ... Continue reading
Citroen Strengthens Its LCV Division
In recognition of the importance of commercial vehicle sales to the success of the Company, Citroën has decided to form a new strengthened Commercial Vehicle Sales Division. Charles Peugeot has been appointed to head up this new division, reporting directly to Xavier Duchemin, Managing Director of Citroen UK. ... Continue reading
Survey Results Show Audi A6 Drivers Have Cleanest Cars While Honda Accord Most Cluttered
MIAMI March 11, 2009; LeaseTrader.com, the nationwide online marketplace for car lease transfers, today released the results of its Spring Cleaning Clean Car Survey, with Audi A6 drivers having the cleanest cars in America. The online survey of more than 2,000 also found that Honda Accord drivers have the most clutter ... Continue reading
Kelley Blue Book Announces Winners of 2009 Brand Image Awards
Awards Honor Top New-Car Brands Based on KBB Market Research Consumer Perception Data IRVINE, Calif., March 12 -- Kelley Blue Book www.kbb.com, the leading provider of new- and used-car information, today announces the winners of the 2009 Brand Image Awards. The Kelley Blue Book Brand Image Awards recognize automakers' ... Continue reading
Toyota US Hybrid Sales Surpass Million Units
TOKYO March 12, 2009; Yuri Kageyama writing for the AP reported that Toyota's hybrid sales in the U.S. have surpassed the 1 million mark, the Japanese automaker said Thursday, underlining the rising popularity of the ecological vehicles. It took seven years for Toyota Motor Corp., the world's biggest automaker, to sell ... Continue reading
Mazda Motor Europe Reports Rome Positive Highlights in February Sales
The Mazda brand achieved several positive results last month in Europe, despite lower retail volumes compared to February 2008. The relatively strong performance in 12 markets helped to increase Mazda Motor Europe's passenger car market share, both European-wide and on a country level. ... Continue reading
Subaru to Showcase Range at the Ordnance Show
Subaru (UK) Ltd will once again showcase their innovative range of All-Wheel Drive outdoor lifestyle vehicles at The Ordnance Survey Outdoor Show (27-29 March) at the NEC, Birmingham, where they will be showcasing their official sponsorship of the gruelling, three-day, 600 km 'London-Paris Cycle Tour 2009'. ... Continue reading
A special ceremony to mark the 1,000th Ferrari delivered in Hong Kong took place in Victoria Harbour yesterday. Over 65 international media from Hong Kong, Macau and the adjacent markets participated in this significant milestone for Ferrari in the Asia-Pacific region. ... Continue reading
Toyota Develops World First Rear-Seat Centre Airbag
Toyota has developed a world first rear-seat centre airbag to help reduce the severity of passenger injuries in side-on collisions. ... Continue reading
Lotus Evora Meets Trivett Sydney
Lotus Cars has officially found its new Sydney home, teaming with the highly reputable Trivett Group, Australia's largest premier automotive dealer, located in the heart of Sydney's CBD. ... Continue reading
100 Years of Suzuki Excellence
In its 100 year history, Suzuki has developed an outstanding reputation for manufacturing a range of cars, 4WDs, motorcycles and marine products offering excellent value for money and exceptional reliability. ... Continue reading
VeloceToday Italian and French Car Enthusiast Web Site Welcomes Contributor Larry Crane
<b>âSeasoned Automotive Media Veteran and Car Enthusiast to Contribute Weekly Columnâ</b> <p> Williamsburg, VA. (March 12, 2009)- Italian and French Car Enthusiast web site VeloceToday.com has announced that automotive aficionado Larry Crane will now be a regular contributor to the site. âLarry is a wond ... Continue reading
Legendary Drivers and celebrated Corvette Racers to be reunited at the Houston Classic Auction.
WWG Logo.jpgPress Release For Immediate Release March 12th, 2009 Legendary Drivers and celebrated Corvette Racers to be reunited at the Houston Classic Auction. Worldwide Auctioneers has today confirmed that Corvette racing legends, Dick Guldstrand and Delmo Johnson, will be reunited with some of the celebrated race ca ... Continue reading
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