Initial Thoughts on Obama's Moves - EDITORIAL
By Marc J. Rauch Exec. Vice President/Co-Publisher SACRAMENTO â March 30, 2009 (11:30AM EDT) â I agree with and applaud most of what Barak Obama said this morning in his national broadcast. However, I disagree with a couple of items. Firstly, I donât believe that either General Motors or Chrysler have ac ... Continue reading
Sigma Motorworks, Inc Announces Electric Sports Car Prototype
DARIEN, Conn., March 30 -- Sigma Motorworks, Inc, an US-based development stage company, announced the final construction stage of its electric sports car prototype, the Sigma GTE. The GTE brings up innovative features in its electric drive system. The car is powered by two Advance Motors DC motors connected directly ( ... Continue reading
Keystone Automotive Operations, Inc. Reports Fourth Quarter and 2008 Fiscal Year Results
EXETER, Pa., March 30 -- Keystone Automotive Operations, Inc., a leading distributor and marketer of automotive aftermarket accessories and equipment in North America, today announced financial results for the fourth quarter and 2008 fiscal year ended January 3, 2009. Highlights include: -- For the fiscal year ended Ja ... Continue reading
Statement by U.S. Secretary of Labor Hilda L. Solis on American automotive industry
ROME, March 30 /PRNewswire-USNewswire/ -- U.S. Secretary of Labor Hilda L. Solis today issued the following statement on the American automotive industry: "I am committed to revitalizing the American auto industry and helping manufacturing communities create new jobs to rebuild local economies. For hardest hit workers ... Continue reading
NADA Urges Obama Administration to Increase Auto Credit Flow to Consumers and Dealers Immediately
WASHINGTON, March 30 /PRNewswire-USNewswire/ -- The following is a statement from the Chairman of the National Automobile Dealers Association (NADA), John McEleney, in response to Obama Announcement on Auto Industry: "We are encouraged by President Obama's commitment to putting the domestic auto industry back on the ro ... Continue reading
SORL Auto Parts Reports Fourth Quarter and Full Year 2008 Financial Results
Reports 13% Increase in Revenues and 15% Increase in Diluted EPS for 2008 ZHEJIANG, China, March 30 /PRNewswire-Asia-FirstCall/ -- 2008 Financial Highlights: -- Revenue increased 13.1% year-over-year to US$130.9 million -- Gross profit margin increased to 25.7% compared with 23.3% a year ago -- Net income rose 15.1% ye ... Continue reading
JGRMX/Toyota/Yamaha St. Louis Results
<b>Josh Grant returns to the podium at the Edward Jones Dome</b> HUNTERSVILLE, N.C. March 22, 2009: The first supercross race held in St. Louis's Edward Jones Dome was on April 27, 1996 and was won by a young racer named Jeff Emig. 13 years later, Emig, now an announcer for SPEED, was on hand calling the action along w ... Continue reading
Yokohama Tire Corporation-Sponsored Cameron Steele Takes Second in SNORE Mint 400
FULLERTON, CA March 30, 2009: Amid the glitz of Las Vegas, Cameron Steele had the grit to battle through brake and other mechanical glitches to place second overall and second in the Unlimited Truck class in the March 28 SNORE (Southern Nevada Off-Road Enthusiasts) Mint 400. Riding on Yokohama 37-inch Geolandar A/T-SÂ ... Continue reading
<b>âAll-You-Can Eatâ Section Including Race Ticket Just Got A Whole Lot Tastier; Discount Pricing For Groups of 10 or More</b> West Allis, Wis. March 30, 2009: Famous Daveâs BBQ will add some mouth-watering barbeque to the hot on-track action in 2009 at The Milwaukee Mile in a unique all-inclusive, track ... Continue reading
Pep Boys' Fourth Quarter Results Conference Call to Be Broadcast on Investorcalendar.com
PHILADELPHIA--The Pep Boys â Manny, Moe & Jack , the nationâs leading automotive aftermarket service and retail chain, will broadcast its fourth quarter earnings conference call live on Thursday, April 9 at 8:30 a.m. ET. The conference call will be broadcast over the Internet at http://www.investorcalendar.co ... Continue reading
IndyCar Series Notes - March 30, 2009
Luczo Dragon, Team 3G ready to battle established teams: As the IndyCar Series prepares to throw the green flag on the 2009 season, not only are four rookies expected to compete, but two of those rookies are with teams entering their first full season of competition. Raphael Matos will drive the No. 2 entry for Luczo D ... Continue reading
Stoner Dominates Final MotoGP Pre-season Test At Jerez
INDIANAPOLIS, Monday, March 30, 2009 â Casey Stoner completed a clean sweep of three official MotoGP preseason tests, leading the final tune-up for the 2009 season with a dominant performance March 28-29 at Jerez, Spain. 2007 MotoGP World Champion Stoner cemented his status as the series front-runner entering this ... Continue reading
Speaker Nancy Pelosi Statement on Obama Administration Plan for Viable Domestic Auto Industry
WASHINGTON, March 30 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi issued the following statement today after President Obama announced the Administration's plan for a viable domestic automotive industry: "I share President Obama's goal of a viable and competitive domestic automotive industry, which is an essential p ... Continue reading
President Obama's Remarks on U.S. Auto Industry
This morning the President announced that his Auto Task Force has completed its evaluation of the viability of General Motors and Chrysler in light of their requests for federal assistance. In addition to releasing the viability assessments, he also released a new policy with the American government guaranteeing warran ... Continue reading
GM Statement On Auto Industry Restructuring
DETROIT, March 30 -- Today's announcement by President Obama begins a new era for the U.S. auto industry. It also marks a defining moment in the history of General Motors. The U.S. Treasury will provide working capital financing for GM for 60 days while GM completes a more accelerated and aggressive restructuring to pu ... Continue reading
Stewart Secures Best Finish for SHR at Martinsville
Martinsville, march 30, 2009: Tony Stewart scored Stewart-Haas Racingâs first top-10 finish in the season-opening Daytona 500 at Daytona (Fla.) International Speedway with a solid eighth-place effort. It took just five more races for the driver of the No. 14 Old Spice/Office Depot Chevrolet Impala SS to score the ... Continue reading
Goodyear Aviation Celebrates 100th Anniversary
AKRON, Ohio, March 30 -- Back in 1903, the Wright Brothers made history with their first successful flight in a self-powered airplane at Kitty Hawk, N.C. In the years that followed, they made great progress in the air, but getting back on the ground was still challenging. Their sled-runner style of landing gear - not t ... Continue reading
Team Falken Tire will debut its Porsche 911 GT3 RSR at Long Beach.
Braselton, March 30, 2009: Falken Tire Corporation has officially announced a GT2 program for the American Le Mans Series that will see the Fontana, Calif.-based team entering a Porsche 911 GT3 RSR for selected events this season. Team Falken Tire will compete at Long Beach, Petit Le Mans and the Monterey Sports Car Ch ... Continue reading
Runner-up Finish Lifts Coughlin To Second Place In Points
HOUSTON March 29, 2009: Jeg Coughlin Jr. had the 43rd win of his career in hand after crushing final-round opponent Ron Krisher at the starting line with a massive .025 to .116-second reaction time advantage, but mechanical issues slowed his JEGS.com Chevrolet Cobalt just before halftrack, giving the win to his opponen ... Continue reading
Toyota Motorsports Notes - Martinsville - March 30, 2009
Chesterfield, Va.-native Denny Hamlin earned the top-finish (second) by a Toyota Camry in Sunday's NASCAR Sprint Cup Series (NSCS) race at Virginia's Martinsville Speedway. Hamlin led the most laps (296 of 500 laps) in today's race. There were 14 Camrys that started Sunday's race - the most since Toyota joined the seri ... Continue reading
Chrysler Statement in Response to the Announcement by the Administration
Remarks Attributed to Chrysler LLC Chairman and CEO, Bob Nardelli AUBURN HILLS - March 30, 2009: Today marks an important milestone for Chrysler LLC. We are encouraged by the commitments of the Administration, U.S. Treasury and Presidentâs Auto Task Force to the American automobile industry and Chryslerâs via ... Continue reading
BBD To Get Compensated $981 Mln By Daimler
BBD to get compensated $981 mln by Daimler http://www.gasgoo.com/auto-news/1009797/BBD-to-get-compensated-981-mln- by-Da imler.html Shanghai, March 30 (Gasgoo.com) Beijing Benz Daimler (BBD, ex-BBDC), a joint venture between Beijing Auto and Daimler Ag, will receive 6.7 billion yuan ($981 million) in compensation from ... Continue reading
Shanghai GKN Drive Shaft To Build NE China Plant
Shanghai GKN Drive Shaft to build NE China plant http://www.gasgoo.com/auto-news/1009801/Shanghai-GKN-Drive-Shaft-to-bui ld-NE -China-plant.html Shanghai, March 30 (Gasgoo.com) Shanghai GKN Drive Shaft Co., Ltd. (SDS) will build a 500-million-yuan manufacturing base of drive shafts in northeastern Chinese city of Chang ... Continue reading
Dongfeng Motor To Launch First Hybrid Model In '09
Dongfeng Motor to launch first hybrid model in '09 http://www.gasgoo.com/auto-news/1009799/Dongfeng-Motor-to-launch-first- hybri d-model-in-09.html Shanghai, March 30 (Gasgoo.com) Dongfeng Motor Group Co, China's third-biggest automaker, said it plans to launch its own-brand hybrid car model this year, Reuters reported ... Continue reading
DealerTrack Schedules Release of First Quarter 2009 Results and Conference Call
LAKE SUCCESS, N.Y.--DealerTrack Holdings, Inc. today announced that it will release its first quarter 2009 financial results before the market opens on May 8, 2009. A conference call will be hosted by Mark F. OâNeil, chairman and chief executive officer, and Eric Jacobs, senior vice president and chief financial o ... Continue reading
Sonic Automotive, Inc. Schedules Release of Fourth Quarter, Year End Results and Conference Call
CHARLOTTE, N.C., March 30 -- Sonic Automotive, Inc. today announced it will release fiscal 2008 fourth quarter and year end financial results on Tuesday, March 31, 2009 at 4:30 P.M. (Eastern). Senior management will hold a conference call on Wednesday, April 1, 2009 at 11:00 A.M. (Eastern). To access the live broadcast ... Continue reading
New 2009 Dodge Challenger SE Rallye Earns Its Stripes
AUBURN HILLS, Mich., March 30 -- With six-cylinder fuel efficiency delivering 25 highway mpg and an adaptive five-speed automatic with Auto Stick -- new Challenger SE Rallye builds on the excitement of the new Challenger R/T Classic -- Dodge Challenger SE Rallye features unique design cues including dual body stripes, ... Continue reading
Today's announcement from the U.S. Administration affirms that GM will emerge from the present restructuring stronger, leaner and more competitive globally. The news that GM is being strongly backed by the government only strengthens the resolve of the GM European operations in reinventing every part of its business. ... Continue reading
Mazda UK Adds a 'Touch of Red' for Ovarian Cancer Awareness
Employees of Mazda UK based on Crossways Industrial Estate in Dartford, Kent, raised over £400 for Ovarian Cancer Awareness on Friday by hosting a 'Wear it Red' Dress Down Day and holding a Make time for TEA party in aid of The Eve Appeal charity, which funds groundbreaking research into gynaecological cancers. ... Continue reading
Monster Motoring Event at Donington Park This Easter
Everything about the International Styling and Tuning Show (ISTS) at Donington Park this Easter is big! Biggest modified car show in the UK; Big crowds; Big chance of spotting a celebrity or driving a big power supercar and they don't come much bigger than Big Foot and Thunder Bolt, the Monster Trucks that will be crus ... Continue reading
Hard Times For Indusrty Means Greater Focus On Specialist Car Shows, Says Salon Prive
In the wake of the news that several global car shows have reduced in size or been cancelled completely, many industry commentators are predicting a rise in the role that specialist or 'boutique' shows will provide to the industry in future years. ... Continue reading
Safety Motoring Check Puts Your Mind at Ease
Before setting off for your next motoring adventure, it makes sense to ensure that your car or MPV is in perfect condition for a safe and trouble-free holiday or trip. ... Continue reading
A high quality care product and the correct use of it are a decisive factor for an optimum cleaning of the car. Volkswagen Accessories offers original Volkswagen care products for the bodywork and interior that retain the value of your vehicle and are also easy to use. Volkswagen Accessories shows you how it works and ... Continue reading
For the next generation Agila, the Steinmetz engineers have taken the 1.2i as the base vehicle and made modifications in key areas. New to the Steinmetz range for the Agila B is the 4-hole alloy wheel ST8 in 17". The 15 spokes in exciting Bicolor design fill the wheelarches to perfection, and form the perfect combinati ... Continue reading
New Agreement to Drive Advanced Automotive R&D And Education Projects In Italy
GM today, together with Politecnico di Torino and Regione Piemonte, announced an important Accordo di Programma, a frame work agreement on the development of world-leading sustainable mobility, research and education projects in the region. ... Continue reading
Detroit Electric to produce and market full line of innovative Pure Electric vehicles in US, UK, EU and China beginning 2010 KUALA LUMPUR, Malaysia, March 30 /PRNewswire-USNewswire/ -- Detroit Electric Holdings Ltd and PROTON Holdings Berhad today announced a strategic partnership to mass produce Pure Electric Vehicles ... Continue reading
Japanese automakers worry about GM, Chrysler
Japanese automakers worry about GM, Chrysler, say collapse would be bad for overall industry TOKYO March 30, 2009; Yuri Kageyama writing for the AP reported that Japanese automakers reacted with anxiety to news that ailing U.S. automakers General Motors and Chrysler had failed to submit acceptable plans to receive more ... Continue reading
WASHINGTON March 29, 2009; Ken Thomas writing for the AP reported that the White House forced the resignation of General Motors Corp.'s top executive Sunday, on the eve of announcing new aid and a 60-day deadline for the ailing auto giant to restructure. Chrysler LLC will get up to $6 billion and 30 days to complete an ... Continue reading
German Chancellor Visits Opel in Rüsselsheim
Well more than 100 journalists are expected March 31 at Opel when Federal chancellor Angela Merkel visits the Insignia factory in Rüsselsheim. She will be accompanied by Defense Minister Franz Josef Jung as well as dignitaries from the state of Hessen, including Premiere Roland Koch and Economics Minister Dieter Posch ... Continue reading
Chevrolet Optra Magnum Wins TNS Voice of the Customer Award
General Motors announced that the Chevrolet Optra Magnum has won the TNS Voice of the Customer Award as the 'Best Performing Model' in the Diesel Midsize segment, scoring 99 out of 100 in the TNS Automotive Four-Wheeler Total Customer Satisfaction (2008) Study. ... Continue reading
"Sales Award 2009" for the Audi Center Essen
With its innovative and successful marketing and sales concept the Audi Center Essen has won the "Vertriebs-Award 2009" (Sales Award 2009) amongst 200 German dealerships presented by the trade magazines "kfz-betrieb" and "Gebrauchtwagen Praxis". "This prize shows that Audi not only builds fascinating cars but is equall ... Continue reading
Audi Avant Named "Executive Station Wagon"
Audi is the preferred car maker among builders and trade contractors in Germany. The brand was the readers' first choice in both categories for a German-made "Executive Station Wagon of 2009", as surveyed in the trade publications Deutsche Handwerks Zeitung and Handwerk Magazin. While the Audi A4 Avant took the laurels ... Continue reading
Suzuki GB Launches Body and Paint Programme
Suzuki GB PLC is pleased to announce the introduction of its Body and Paint programme. The scheme has been initiated to build a network of approved bodyshops where all vehicles are repaired according to Suzuki recommended repair processes and current industry best practice. ... Continue reading
Three Kia Vehicles Commended by MSN Autos for Quality, Space and Comfort
IRVINE, Calif., March 26, 2009 â Kia Motors America (KMA) today announced the 2009 Kia Spectra, Rio5 and Rondo have been included in two MSN Autos Editorsâ Top Pick lists. Kia Spectra (LX) and Rio5 are named to the âTop 10 Cars for Less Than $15,000â list and Rondo is a top pick for âBest Famil ... Continue reading
Turbocharged Suzuki SX4s Fly in the Face of Economy
BREA, CA. â American Suzuki Motor Corp. will bring to the New York International Auto Show and the areaâs automotive enthusiast community two performance takes on its now well-established volume leaders, the SX4 Crossover and SX4 Sport. In combination with Suzukiâs 2009 production lineup, including the v ... Continue reading
Mitsubishi Signs MoU with the Principality of Monaco Regarding Testing of i MiEV Electric Vehicle
Tokyo, Mar 27, 2009; Following a successful testing exercise conducted in December 2008, the Principality of Monaco, Mitsubishi Motors Corporation, Mitsubishi Motors Europe B.V. and MC Automobile (Europe) N.V. - a subsidiary of Mitsubishi Corporation - yesterday signed a Memorandum of Understanding (MoU) regarding flee ... Continue reading
Valentine's Concourse Carnauba Wax Goes Global
Belfast, Northern Ireland March 26, 2009; Launched exclusively for sale in the United Kingdom in November 2009, Valentine's Concours Carnauba wax received immediate praise from motoring press, detailing professionals and individual customers. Despite restricting sales initially to the United Kingdom and Ireland, the co ... Continue reading
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