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May 2009

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Friday, May 15, 2009

Niemela Finishes Day With Another Top 5 Performance

Niemela Finishes Day With Another Top 5 Performance

Tooele, May 15, 2009: Current Cooper Tire Atlantic Powered By Mazda Champion Markus Niemela finished his second practice session at Miller Motorspors Park with a series of quick laps with the best being a 1:37.626 (112.396 mph) that place him 4th on the final speed charts in preparation for tomorrow's Larry H. Miller D ... Continue reading

Dixon Tops Indianapolis 500 Practice

Dixon Tops Indianapolis 500 Practice

INDIANAPOLIS, May 15, 2009 - Reigning Indianapolis 500 winner Scott Dixon topped the speed chart as qualified teams continued preparations for the 2009 Indianapolis 500. Dixon recorded the fastest lap of the day, 40.3951 seconds, 222.799 mph, on his fifth lap of the day driving his qualified car. Mario Moraes, who was ... Continue reading

Indianapolis 500 - Practice Times - May 15, 2009

Indianapolis 500 - Practice Times - May 15, 2009

INDIANAPOLIS - Practice Friday for the Indianapolis 500 IndyCar Series event on the 2.5-mile Indianapolis Motor Speedway, with position, car number in parentheses, driver, chassis-engine and speed: <p> 1. (9) Scott Dixon, Dallara-Honda, 222.799 2. (5) Mario Moraes, Dallara-Honda, 222.530 3. (8) Townsend Bell, Dallara-H ... Continue reading

De Silvestro Quickest in Atlantic Practice at Miller Motorsports Park

De Silvestro Quickest in Atlantic Practice at Miller Motorsports Park

TOOELE, May 15, 2009: Approximately 13 months ago, Simona De Silvestro became the second woman in the history of the Cooper Tires Presents The Atlantic Championship Powered by Mazda to win a race when she triumphed at Long Beach. She could be on the verge of her second victory in the Larry H. Miller Dealerships Utah Gr ... Continue reading

CARQUEST Auto Parts - Craig Barnes Named Senior VP Merchandising

CARQUEST Auto Parts - Craig Barnes Named Senior VP Merchandising

Craig L. Barnes Promoted to Senior Vice President, Merchandising RALEIGH, N.C., May 11, 2009 - General Parts, Inc. announced today that Craig L. Barnes has been promoted to senior vice president, Merchandising. In his new role, he will be responsible for creating industry leading first-to-market programs utilizing our ... Continue reading

Asbury Automotive Group To Close One Chrysler and Two GM Dealerships

Asbury Automotive Group To Close One Chrysler and Two GM Dealerships

DULUTH, Ga., May 15 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today announced that its Nalley Chrysler/Jeep dealership in Roswell, Georgia is on Chrysler LLC's list of stores that it intends to reject as part of its dealer consolidation plan. In addition, ... Continue reading

AAA Chicago: May Monthly Fuel Prices Jump

AAA Chicago: May Monthly Fuel Prices Jump

AURORA, Ill.--Fuel prices have increased again during the last month in Illinois and northern Indiana, but prices remain more than a dollar lower than May 2008. AAA Chicago’s most recent Fuel Gauge Report estimates that in Illinois, regular unleaded gasoline has increased 29 cents during the past month, forecastin ... Continue reading

Honda to Lower U.S. Incentives on Demand, Output Cuts

Honda to Lower U.S. Incentives on Demand, Output Cuts

Washington DC May 15, 2009; The AIADA newsletter reported that Honda Motor Co., outselling Chrysler LLC in the U.S. this year, plans to lower incentives after curbing production and forecasting a recovery in demand. Bloomberg reports that the average incentive per vehicle will fall 17 percent to about $1,000 from $1,20 ... Continue reading

Chrysler Closings Will Leave 80% of Dealers Selling The 3 Brands

Chrysler Closings Will Leave 80% of Dealers Selling The 3 Brands

Washington DC May 15, 2009; The AIADA newsletter reported that Chrysler's plan to eliminate a quarter of its U.S. dealerships by June 9 means the vast majority of the surviving stores will sell the Jeep, Dodge, and Chrysler brands under the same roof—a longstanding goal of the struggling automaker. Automotive News ... Continue reading

Malkhassian Leads Opening MX-5 Cup Practice at Mazda Raceway

Malkhassian Leads Opening MX-5 Cup Practice at Mazda Raceway

MONTEREY, May 15, 2009: With hundreds of laps already banked at Mazda Raceway Laguna Seca, Ara Malkassian, of Sonoma, Calif., made the most of his track experience, putting his car at the top of the SCCA Pro Racing Playboy Mazda MX-5 Cup practice times. Marc Miller, of Holland, Mich., and Nick Mancuso, of Mettawa, Ill. ... Continue reading

Following Chrysler, GM Slashes US Dealer Network

Following Chrysler, GM Slashes US Dealer Network

DETROIT May 15, 2009; David Bailey and Kevin Krolicki writing for Reuters reported that General Motors Corp said Friday it will drop about 1,600 U.S. dealers as it struggles to slash billions of dollars in operating costs and debt ahead of an anticipated bankruptcy filing by the end of the month. Taken together with a ... Continue reading

Treasury Department Statement on GM Dealer Consolidation Announcement

Treasury Department Statement on GM Dealer Consolidation Announcement

WASHINGTON May 15, 2009: Today, General Motors initiated the dealer consolidation plan it laid out in its interim plan on April 27, 2009. GM's announcement is part of the company's larger effort to restructure to achieve financial viability. The Task Force is continuing to work with GM and all its stakeholders and will ... Continue reading

NADA Statement on GM Dealership Cuts

NADA Statement on GM Dealership Cuts

WASHINGTON (May 15, 2009) – General Motors' plans to cut its dealer network are drastic and far-reaching and will impact more than 63,000 dealership employees and thousands of their sales and service customers. We view GM's action with a profound sense of sadness and disappointment. GM's decision comes through no ... Continue reading

FAW VW to build new Jetta car in Chengdu

FAW VW to build new Jetta car in Chengdu

FAW VW to build new Jetta car in Chengdu http://autonews.gasgoo.com/auto-news/1010482/FAW-VW-to-build-new-Jetta- car-i n-Chengdu.html Shanghai, May 15 (Gasgoo.com) FAW and Volkswagen recently broke ground for their sedan plant in Chengdu, capital of southwest China's Sichuan province. The first phase of the project, wi ... Continue reading

Lifan denies talks of acquisition by Beijing Auto

Lifan denies talks of acquisition by Beijing Auto

Lifan denies talks of acquisition by Beijing Auto http://autonews.gasgoo.com/auto-news/1010492/Lifan-denies-talks-of-acqu isisi on-by-Beijing-Auto.html Shanghai, May 15 (Gasgoo.com) Chongqing Lifan Automobile Co, Lifan Group's auto-making subsidiary, has denied media reports that Beijing Auto (Beiqi) was in talks to ac ... Continue reading

Daimler April China sales up 59% to 5,600 units

Daimler April China sales up 59% to 5,600 units

Daimler April China sales up 59% to 5,600 units http://autonews.gasgoo.com/auto-news/1010484/Daimler-April-China-sales- up-59 -to-5-600-units.html Shanghai, May 15 (Gasgoo.com) Daimler AG's sales in China, including Hong Kong, in April surged 59% from a year earlier to a monthly record high of 5, 600 units, company spo ... Continue reading

Governor Welcomes Electric Motors Corporation (EMC) to Elkhart County, Indiana

Governor Welcomes Electric Motors Corporation (EMC) to Elkhart County, Indiana

Wakarusa and Nappanee, Work with County and State Team to Attract Hybrid Engine and Electric Vehicle Production Creating New Jobs WAKARUSA, Ind., May 15 -- Indiana Governor Mitch Daniels, along with a team of state, county and city officials, announced yesterday that Electric Motors Corporation (EMC) of Camarillo, Cali ... Continue reading

AutoNation Supports General Motors Consolidation Plan

AutoNation Supports General Motors Consolidation Plan

The AutoNation Stores Impacted by GM's Actions Today Represent 0% of AutoNation 2008 Operating Income FORT LAUDERDALE, Fla., May 15 -- AutoNation, Inc. , American's largest automotive retailer, today announced that General Motors notified AutoNation that six of its dealerships were identified for potential closing by G ... Continue reading

Green Star Plug-In Electric Hybrid Successfully Completes Preliminary Test Track Trials

Green Star Plug-In Electric Hybrid Successfully Completes Preliminary Test Track Trials

FRANKFORT, Ky.--Green Star Products, Inc. (OTC: GSPI) today announced that preliminary testing of its plug-in hybrid electric vehicle (PHEV) has been successfully completed at the Corbin Motor Speedway in Kentucky. This was a preliminary test for the full demonstration event scheduled during the first week of June. How ... Continue reading

Team Stargate Worlds Welcomes Maakoa and Kimpton's Hotel Monaco Salt Lake City as Partners

Team Stargate Worlds Welcomes Maakoa and Kimpton's Hotel Monaco Salt Lake City as Partners

Salt Lake City, May 15, 2009: Team Stargate Worlds is happy to announce that it is welcoming two new partners who will make their debut at this weekend's Utah Grand Prix. Maakoa LLC and Hotel Monaco Salt Lake City will be partnering with the team, led by drivers Frankie Muniz and Simona De Silvestro, and will be lookin ... Continue reading

Troy Lee Designs and Lucas Oil Forge Alliance for Lucas Oil AMA Pro Motocross Championship

Troy Lee Designs and Lucas Oil Forge Alliance for Lucas Oil AMA Pro Motocross Championship

Corona, May 14, 2009: A partnership has been formed that unites AMA Pro MX Championship Title Sponsor Lucas Oil and the Honda Team of Troy Lee Designs. The team will now be referred to as the Lucas Oil/Honda/Troy Lee Designs Motocross Team. Through this alliance, Troy Lee Designs becomes an official Team Lucas Partner ... Continue reading

Rountrip Shuttle Service To Be Offered For Indy 500 Fans

Rountrip Shuttle Service To Be Offered For Indy 500 Fans

INDIANAPOLIS, May 14, 2009 – The Town of Speedway is facilitating roundtrip bus service for Indianapolis 500 fans Sunday, May 24 at three convenient locations, including two in downtown Indianapolis and one at Indianapolis International Airport. Service will be provided by Transportation Management Services (TMS) ... Continue reading

Major Auto Finance Rulemakings Likely if Bill Moves Forward, Says AFSA

Major Auto Finance Rulemakings Likely if Bill Moves Forward, Says AFSA

For Immediate Release Contact: Lynne Strang (202) 466-8613 Major Auto Finance Rulemakings Likely if Bill Moves Forward, Says AFSA WASHINGTON, May 15, 2009...A legislative proposal heard this week by a House subcommittee directs the Federal Trade Commission (FTC) to issue new rules that would have significant ramificati ... Continue reading

Despite Automotive Slump, by 2010 12% of New Cars Will Ship with Embedded Telematics, According to ABI Research

Despite Automotive Slump, by 2010 12% of New Cars Will Ship with Embedded Telematics, According to ABI Research

LONDON--Amidst a very challenging automotive environment rife with mergers, acquisitions and bankruptcies, and rumors of more to come, OEMs continue to enhance existing embedded and hybrid telematics services and/or launch new ones, driving global penetration rates in new cars to 12% in 2010 and 43% in 2014. “OEM ... Continue reading

Opel Insignia Wins Design Award from Auto Bild Magazine

Opel Insignia Wins Design Award from Auto Bild Magazine

The Opel Insignia Sports Tourer won the AUTO BILD Design Award 2009, beating 11 competitors in the "Sedan and Station Wagon" category. ... Continue reading

AUTO BILD Design Award 2009: New E-Class voted best-looking car in the world

AUTO BILD Design Award 2009: New E-Class voted best-looking car in the world

Some 100,000 readers of motoring magazine AUTO BILD have voted the new Mercedes-Benz E-Class the best-looking car in the world. As well as electing the Saloon as the overall winner among all the new models, AUTO BILD readers voted the new E-Class Coupé into top place in the "Coupé and Cabriolet" category. In making t ... Continue reading

GM Statement Regarding Dealer Network Communications

GM Statement Regarding Dealer Network Communications

Detroit May 15, 2009; As noted in our recent S-4 filing and updated Viability Plan, General Motors plans to reduce its dealer network from 5,969 stores today to approximately 3,600 by the end of 2010. This process starts today, as GM begins contacting dealers regarding its long term planning. Approximately 1,100 underp ... Continue reading

Indy 500 Notes - May 15, 2009

Indy 500 Notes - May 15, 2009

INDIANAPOLIS, May 14, 2009: Second-year Indianapolis 500 starter Mario Moraes, who led his first laps in the IndyCar Series in last year's "500" and qualified seventh for this year's race, paced the opening day of the second week of practice at the Indianapolis Motor Speedway. Moraes recorded a best lap of 40.4061 seco ... Continue reading

Success for Audi in "Auto Bild Design Award"

Success for Audi in "Auto Bild Design Award"

Audi continued its run of success in the reader's poll "Auto Bild Design Award", taking two first places and one second place in the vehicle design poll. ... Continue reading

Mike Coughlin places four cars into this weekend's Mecum Auction

Mike Coughlin places four cars into this weekend's Mecum Auction

DELAWARE, Ohio (May 14) -- Dana Mecum's 22nd annual Original Spring Classic Auction, which is taking place through Sunday at the Indianapolis State Fairgrounds in Indianapolis, will feature four very special cars from drag racing champion Mike Coughlin's personal collection. Coughlin, the 2007 Top Sportsman drag racing ... Continue reading

Dover International SAFER Barrier Installation Completed

Dover International SAFER Barrier Installation Completed

DOVER, Del. – A long winter’s work has finally reached completion as construction crews at Dover International Speedway recently bolted the SAFER barrier into place to complete the renovation of the new pit wall. With the steel tubing secured and the foam blocks installed, the new, longer and safer pit wall i ... Continue reading

Get the Best Of British with Nissan's Scrappage and Trade-In Schemes

Get the Best Of British with Nissan's Scrappage and Trade-In Schemes

It's best to buy British - and there's no better way to support the British car industry than by taking advantage of Nissan's great Trade-in deal. Nissan, Britain's biggest car maker, is not only taking part in the government's Scrappage scheme, but it is ready to launch its own new car buying incentive offering a £2, ... Continue reading

Little Joins Large In Toyota's Cruiser Fleet - New Urban Cruiser on Sale in the UK

Little Joins Large In Toyota's Cruiser Fleet - New Urban Cruiser on Sale in the UK

In terms of scale they are poles apart, but at heart the new Urban Cruiser is every bit a true-blooded Toyota as its mighty Land Cruiser stablemate. On sale in the UK today the new Urban Cruiser takes the chunky, go-anywhere styling of the Land Cruiser and gives it a contemporary twist, downsizing to suit life on moder ... Continue reading

Trend Setting Citroen Scrappage Scheme Continues with Xsara Picasso MPV Available for Just £7,995

Trend Setting Citroen Scrappage Scheme Continues with Xsara Picasso MPV Available for Just £7,995

As the Government and other car manufacturers just get started, Citroën has been celebrating successfully delivering its own scrappage trade-in offer since April 1st - weeks before the Government announced its own plans which finally go live on this Monday, 18th May. ... Continue reading

Cycle Country Announces Annual Shareholder Meeting

Cycle Country Announces Annual Shareholder Meeting

SPENCER, Iowa--Cycle Country (AMEX:ATC), a leading supplier of ATV accessories, Plastic Wheel Covers, Golf Car Accessories, Oil Filters and Contract Manufacturing services, is pleased to announce that its Annual Shareholder Meeting is scheduled for Wednesday June 24, 2009 at 6:30 p.m. CDT. It will be held at Village We ... Continue reading

Amerigon Holds Annual Stockholders Meeting

Amerigon Holds Annual Stockholders Meeting

NORTHVILLE, Mich., May 15 -- Amerigon Incorporated , a leader in developing products based on advanced thermoelectric (TE) technologies for a wide range of global markets and applications, today announced that it held its Annual Meeting of Stockholders on Thursday, May 14, at the Company's offices in Northville, MI, as ... Continue reading

ITW Reports a 25 Percent Decrease in Operating Revenues for Three Months Ended April 30, 2009

ITW Reports a 25 Percent Decrease in Operating Revenues for Three Months Ended April 30, 2009

GLENVIEW, Ill., May 15 -- Illinois Tool Works Inc. today reported an operating revenue decrease of 25 percent for the three months ended April 30, 2009. The revenue decline for the three months was due to a 23 percent decrease in base revenues and an 8 percent decline in contributions from currency translation. Acquisi ... Continue reading

Navistar to Link Dealer Inventories for Enhanced Service Efficiency Through Agreement with OEConnection

Navistar to Link Dealer Inventories for Enhanced Service Efficiency Through Agreement with OEConnection

WARRENVILLE, Ill.--Navistar, Inc. will optimize its dealers’ parts inventory and speed up customer repairs through parts supply chain and intelligence tools provided by OEConnection LLC, the leading online parts and service exchange in the automotive industry. Beginning this month, Navistar will implement OEConnec ... Continue reading

Cytec Announces Amendment to Credit Agreement and Stock Contribution to Pension Master Trust

Cytec Announces Amendment to Credit Agreement and Stock Contribution to Pension Master Trust

WOODLAND PARK, N.J.--Cytec Industries Inc. announced today that it has successfully amended its existing revolving credit agreement with its lenders and Citibank, N.A., as administrative agent. The maximum amount available under the facility remains at $400 million, of which approximately $107 is currently borrowed, an ... Continue reading

Supply-Chain Council Announces Winners of 2009 Supply Chain Excellence Awards

Supply-Chain Council Announces Winners of 2009 Supply Chain Excellence Awards

ATLANTA, May 15 /PRNewswire-USNewswire/ -- United States Transportation Command, SRA International Inc., United States Army CECOM LCML, and Intelligroup Inc. are the winners of the 2009 Supply Chain Excellence Awards, announced here today at the SCOR Seminar - Focus on Defense and IT Industries. The Supply Chain Excell ... Continue reading

Jig-A-Loo Partners With Advance Auto Parts On Its Latest Innovation, Jig-A-Clean

Jig-A-Loo Partners With Advance Auto Parts On Its Latest Innovation, Jig-A-Clean

- Heavy-Duty Hand Cleaner Removes Tough Dirt and Grease While Being Kind to the Skin - STATESVILLE, N.C., May 15 -- Jig-A-Loo USA, Inc. (www.jigaloo.com), makers of innovative automotive and home improvement products, announced today that Advance Auto Parts stores are now stocking its newest product Jig-A-Clean in over ... Continue reading

SMSC to Present MOST® Automotive Feature Implementations at Audio Engineering Society’s Conference

SMSC to Present MOST® Automotive Feature Implementations at Audio Engineering Society’s Conference

HAUPPAUGE, N.Y.--SMSC today announced that Henry Muyshondt, Senior Director of Business Development, will present a paper co-authored with Clif Sanchez, Divisional Vice President of Engineering ICs, on the use of Media Oriented Systems Transport (MOST®) as the information and entertainment backbone in modern automob ... Continue reading

Strathclyde Police Take On Two I800s

Strathclyde Police Take On Two I800s

Scotland's largest police force, Strathclyde Police has recently taken delivery of two Hyundai i800s, finished in full police livery. ... Continue reading

New Peugeot 308 CC 'GT100 Limited Edition' - All Sold

New Peugeot 308 CC 'GT100 Limited Edition' - All Sold

Pre-orders taken so far for the new Peugeot 308 CC have seen all of the highly-specified 'GT100 Limited Edition' models sold. The GT100 is an exclusive, advanced availability model that allows 100 lucky customers to take delivery of their 308 CCs in May, ahead of the official on sale date of 1st June. The new Peugeot 3 ... Continue reading

Latest 'Blue' Crafter Vans Demonstrate Green Credentials

Latest 'Blue' Crafter Vans Demonstrate Green Credentials

The latest Volkswagen Crafter panel van, chassis and double cab ranges are set to become among the cleanest and most refined vehicles in their class. Substantial changes have been made to the drivetrain to make it both quieter and smoother thanks to greater torque. Conversely, fuel economy rises and emissions fall to n ... Continue reading

Ibiza: Seat's Sporty Supermini Celebrates 25 Years

Ibiza: Seat's Sporty Supermini Celebrates 25 Years

It was back at the 1984 Paris Motor Show that the world caught its first glimpse of a Spanish supermini that would shake up the small car class for good, bringing much-needed style and excitement to the sector and establishing SEAT as a key component of the Volkswagen Group. ... Continue reading

Suzuki Launches New Vehicle Security Marking System

Suzuki Launches New Vehicle Security Marking System

Suzuki GB has launched a new security marking and registration system, in conjunction with makers Retainagroup, offering an easy to apply and permanent anti-theft deterrent for all Suzuki owners. ... Continue reading

Subaru Clearly in the Lead With No Faults

Subaru Clearly in the Lead With No Faults

All-wheel drive passenger car specialist - will be title sponsors of The Subaru Houghton International for the second year running. The event will be held in the stunning grounds of Houghton Hall, Norfolk, May 21st-24th where a challenging cross-country course runs through the historic parkland. It will be televised on ... Continue reading

Opel Dealers to Vote on Taking Ownership

Opel Dealers to Vote on Taking Ownership

Opel's 4,000 dealers in Europe are expected to vote in favor of taking a direct equity stake in the ailing German carmaker when they meet in Vienna on Friday. The umbrella association Euroda wants all of its dealers to contribute 150 euros from every sold car over the next three years into a joint fund that could raise ... Continue reading

12 Cars That Could Spoil a Chrysler-Fiat Deal

12 Cars That Could Spoil a Chrysler-Fiat Deal

As the Chrysler bankruptcy proceeds, the odds are improving that enough of the automaker will survive to consummate a merger with the Italian automaker Fiat. But how, exactly, will the reformulated Chrysler return to profitability? The company claims that Fiat's innovative small-car technology will fill a gaping hole i ... Continue reading

New Look for 18th Vauxhall Trade Club Book

New Look for 18th Vauxhall Trade Club Book

Vauxhall Trade Club members will soon be able to get their hands on the latest edition of the manufacturer's parts bible - The Trade Book. ... Continue reading

Vauxhall Art Car Boot Fair

Vauxhall Art Car Boot Fair

Regular car booters Sir Peter Blake, Gavin Turk, Bob & Roberta Smith and Pam Hogg, are joined by Natasha Law, Donald Urquhart and Pearce & Ramsay, for the funkiest art car boot fair around. ... Continue reading

120th Annual General Meeting of Audi AG

120th Annual General Meeting of Audi AG

Following a very successful 2008 fiscal year, the company's 13th consecutive record year, the Audi Group began this year by recording a significant operating profit for the first quarter, despite the ongoing global economic crisis. ... Continue reading

NADA Statement on Chrysler's Dealership Reduction Announcement

NADA Statement on Chrysler's Dealership Reduction Announcement

Chrysler, Dodge and Jeep dealers marks a very sad day in retail automotive history. These dealers and their more than 40,000 employees have done nothing but proudly represent the Chrysler brand through good times and bad, and today find themselves left behind as the company reorganizes itself in bankruptcy court. While ... Continue reading

Lithia Motors Sees Chrysler Re-Organization as Net Positive

Lithia Motors Sees Chrysler Re-Organization as Net Positive

MEDFORD, Ore.--Lithia Motors, Inc. announced today that Chrysler identified two stores that will not be continued in the New Chrysler. These dealerships are located in Omaha, Nebraska and Colorado Springs, Colorado. Additionally, Lithia may be awarded new franchises in five markets, adding Chrysler or Jeep brands to al ... Continue reading

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