2010 Ford Mustang Scores 5-Star Safety Ratings
DEARBORN, Mich., May 18 -- SUMMARY: -- The 2010 Ford Mustang coupe has earned the U.S. government's top 5-star safety ratings, which includes 5-stars for driver and passenger in front and side crash tests, as well as for rollover performance -- Ford has more U.S. government 5-star ratings than any other automotive bran ... Continue reading
5.18Foton wins $16.8M bus contract from Ashok Leyland
Foton wins $16.8M bus contract from Ashok Leyland http://autonews.gasgoo.com/auto-news/1010513/Foton-wins-16-8M-bus-contr act-f rom-Ashok-Leyland.html Shanghai, May 18 (Gasgoo.com) Beiqi Foton Motor Co Ltd announced today it had won a US$16.8 million contract with Ashok Leyland Ltd., India's second biggest bus and truc ... Continue reading
5.18SAIC Motor to build more 1.5L, 1.5T MG cars
SAIC Motor to build more 1.5L, 1.5T MG cars http://autonews.gasgoo.com/auto-news/1010518/SAIC-Motor-to-build-more-1 -5L-1 -5T-MG-cars.html Shanghai, May 18 (Gasgoo.com) SAIC Motor announced last week that it has adjusted its small-emission engine strategy based on the MG model and will mainly use the 1.5L and 1.5T seri ... Continue reading
5.18Toyota halts Changchun plant expansion
Toyota halts Changchun plant expansion http://autonews.gasgoo.com/auto-news/1010512/Toyota-halts-Changchun-pla nt-ex pansion.html Shanghai, May 18 (Gasgoo.com) Toyota Motor Corp has nearly suspended the construction of its new plant project in northeastern China's Changchun city, mainly because the Japanese automaker's ... Continue reading
Daimler to Announce Strategic Partnership
Webcast Invitation May 19 at 7:00 am EDT STUTTGART -- Daimler AG (stock exchange abbreviation: DAI) -- Daimler AG has been setting milestones in green technologies and will announce a new strategic cooperation to make electro mobility a reality. Press is invited to join the live webcast of the announcement press confer ... Continue reading
Flexible Manufacturing is the Focus of 2009 Automotive News Manufacturing Conference
BIRMINGHAM, Ala., May 18 -- Over a dozen of the automotive industry's top executives leading the way in rapid response and flexibility will address delegates at the 2009 Automotive News Manufacturing Conference June 8-10 at the Ross Bridge Resort in Birmingham, Ala. The event is sponsored by Deloitte. The conference th ... Continue reading
Growing Support in Congress for 'Right to Repair'
Reps. Berkley, Brown, Clay Co-Sponsor HR 2057 BETHESDA, Md., May 18 /PRNewswire-USNewswire/ -- The Motor Vehicle Owners' Right to Repair Act (HR 2057) gained more co-sponsors again this week. Reps. Shelley Berkley (D-NV), Corrine Brown (D-FL) and Wm. Lacy Clay (D-MO) have joined the growing list of co-sponsors. ... Continue reading
GLENVIEW, Ill., May 18 -- Illinois Tool Works Inc. today announced plans to webcast its presentation at the Sanford C. Bernstein & Co. Strategic Decisions Conference in New York. The presentation will take place Thursday, May 28, 2009 at 4:00 PM ET. The URL for the presentation is: http://www.corporate-ir.net/ireye/con ... Continue reading
Lexus Turns Up The Heat This Summer
Automaker explores its adventurous side in the launch of the 2010 IS Convertible integrated marketing campaign TORRANCE, Calif., May 18 -- Lexus unleashes its mischievous side with the debut of the all-new 2010 Lexus IS C retractable hardtop convertible, an entirely new dimension to the IS Line. To launch the highly an ... Continue reading
Press Release-Hoosier Hundred Media Fact Book
Dear Media Member: Please find attached our Media Fact Book for the 2009 Hoosier Hundred at the Indiana State Fairgrounds May 22, 2009. We at Track Enterprises are proud to present one of the crown jewels of the 2009 USAC Silver Crown Series Schedule and a tradition of dirt track championship racing that dates back to ... Continue reading
GOSHEN, Ind., May 18 -- Lippert Components, Inc., a wholly owned subsidiary of Drew Industries Incorporated , reported today that it acquired the patents for "QuickBite Coupler," and certain related manufacturing assets. "For several decades the standard coupler design on a towable trailer has basically remained the sa ... Continue reading
vAuto Introduces AutoWriter® Technology to Generate Custom Online Vehicle Descriptions
OAK BROOK, Ill.--Automotive dealers can now dynamically generate and publish custom descriptions for their vehicles advertised online using AutoWriter® Technology, released today by vAuto. Today’s used car market is extremely competitive and buyers are doing more online research than ever before. Therefore, it is im ... Continue reading
Volvo Powertrain Signs Agreement on Shortening of Work Hours
STOCKHOLM, Sweden--Regulatory News: Volvo (STO:VOLVA) (STO:VOLVB) Powertrain signed an agreement today, May 18, with the salaried employee organizations in Köping, Sweden, regarding the shortening of work hours with income reduction. The agreement means that the layoff notice for 25 salaried employees is being withdra ... Continue reading
Obama to Unveil Most Aggressive Auto Fuel Standards
President Barack Obama on Tuesday will propose the most aggressive increase in U.S. auto fuel efficiency ever in a policy initiative that would also directly regulate emissions for the first time and resolve a dispute with California over cleaner cars. A senior administration official, speaking to reporters late on Mon ... Continue reading
Nader Calls on Congress to Review GM Bankruptcy Plan
WASHINGTON, May 18 /PRNewswire-USNewswire/ -- Today in a letter to Senator Chris Dodd and Congressman Barney Frank consumer advocate Ralph Nader called on the Senate and House banking committees to hold thorough hearings to protect taxpayers' investments and seek answers to several questions such as: -- Is the task for ... Continue reading
Polaris Announces Creation of On-Road Vehicle Division
MEDINA, Minn.--Polaris Industries Inc. today announced the creation of a new On-Road Vehicle Division to help continue its drive toward the companyâs vision and objectives which include establishing a significant on-road presence. The new division takes the existing skills and assets within the company and aligns ... Continue reading
Coalition Calls on Washington to Revitalize Autos by Supporting American Jobs and Communities WASHINGTON, May 18 /PRNewswire-USNewswire/ -- From May 11 to May 14, thousands of workers whose paychecks are tied to the U.S. auto industry joined an 11-state bus tour to showcase the ripple effect of economic devastation and ... Continue reading
New Alliance Will Help Dealers Grow Pre-Owned Sales
CARY, N.C.--Bill Zadeits, executive vice president of Cherokee Automotive Group (CAG), has announced the formation of a new business alliance targeted at helping grow pre-owned vehicle sales of both franchise and independent dealers. Known as the Pre-Owned Automobile Dealers Alliance (POADA), the new entity has as its ... Continue reading
Keystone Automotive Operations, Inc. Reports First Quarter Fiscal 2009 Financial Results
EXETER, Pa., May 18 -- Keystone Automotive Operations, Inc., a leading distributor and marketer of automotive aftermarket accessories and equipment in North America, today announced financial results for the first quarter of fiscal year 2009 ended April 4, 2009. Highlights include: -- Sales for the first quarter ended ... Continue reading
Remy International, Inc. Announces 1st Quarter 2009 Results
PENDLETON, Ind., May 18 -- Remy International, Inc., a leading worldwide manufacturer, remanufacturer, and distributor of heavy duty systems, starters and alternators, locomotive products and hybrid technology, announced today its operating results for the first quarter ended March 31, 2009. Sales for the quarter were ... Continue reading
Partnership with Kauffman Foundation will Refocus Talents of Unemployed and Underemployed into New Areas DETROIT, May 18 -- New Economy Initiative (NEI) announced today an aggressive three-year economic recovery program that will help minority automotive suppliers transition to new industries and rapidly grow entrepren ... Continue reading
Balqon Corporation To Restate Financial Statements
HARBOR CITY, Calif.--Balqon Corporation (OTCBB: BLQN), a developer and manufacturer of heavy-duty electric vehicles and electric propulsion systems, today announced that the Audit Committee of its Board of Directors concluded that the Companyâs financial statements for the fiscal year ended December 31, 2008 and t ... Continue reading
US House panel seeks documents from Chrysler
WASHINGTON, May 18, 2009; John Crawley writing for Reuters reported that Chrysler LLC was asked on Monday by a congressional subcommittee to provide documents on its planned factory closings, with the panel's chairman saying lawmakers were not given a full accounting of the matter. "Members of Congress were assured tha ... Continue reading
Opinion : Now is the time for right-to-repair law
Right-to-Repair Act of 2009. While similar legislation has been introduced in previous Congresses but not voted on, it takes on additional urgency in these tough economic times, especially with the closing of many auto dealerships. This aptly named bill would allow independent repair shops to compete for the business n ... Continue reading
Another semifinal helps John Coughlin’s cause
NORWALK, May 18: For the second straight race, John Coughlin drove his Team JEGS dragster to a semifinal finish in the Top Dragster class at a North Central Division Lucas Oil Series event. Following his semifinal finish last month in Indianapolis, Coughlin once again made it into the final four during this weekendâ ... Continue reading
Edwards Grabs 2nd At Miller While Niemela Is Taken Out
Toole, May 17, 2009: Newman Wachs Racing drivers John Edwards and Markus Niemela had a tough task today at the 2nd round of the Atlantic Championship at Miller Motorsports Park. Edwards started the race 4th, and Niemela 5th, but somehow, on the challenging course that presents very few passing opportunities, Edwards fi ... Continue reading
Team Stargate Worlds Enjoys its Maiden Win
Tooele, May 17, 2009: After a phenomenal Saturday that saw Team Stargate Worlds driver Simona De Silvestro put her #78 machine on pole, her first career pole position, and her teammate Frankie Muniz put on his best qualifying effort at seventh, the team gathered on Sunday in the hopes of putting an exclamation mark on ... Continue reading
The HostmenThe Worlds First Fuel Cartel
Edwin Black May 18th 2009 The following research arose from the bestseller Internal Combustion: How Corporations and Governments Addicted the World to Oil and Derailed the Alternatives (Dialog Press). Buy it here. In the fifteen hundreds, peat fuel was surpassed by an even more distasteful alternative: coal. The same m ... Continue reading
Mazda Renews Partnership with Atlantic Championship
BROWNSBURG, May 18, 2009: Continuing a relationship that began in 2006, officials from the Cooper Tires Presents The Atlantic Championship Powered by Mazda and Mazda North American Operations today announced that Mazda has renewed its contract with the series for three more years as official sponsor and engine partner. ... Continue reading
New Study: Higher Seat Belt Use Could Save Many Lives
Research Kicks Off 'Click It or Ticket' Nationwide Enforcement Campaign Set To Run May 18-31 A U.S. Department of Transportation study released today estimates that 1,652 lives could be saved and 22,372 serious injuries avoided each year on Americaâs roadways if seat belt use rates rose to 90 percent in every stat ... Continue reading
GM Letter Sent to Canceled Dealers
VIA FEDERAL EXPRESS PERSONAL AND CONFIDENTIAL May 14, 2009 Attention: This letter is being delivered to [---------] to meet the commitment we made to communicate to dealers during the week of May 11th concerning our restructuring efforts. We recently filed a Form S-4 with the Securities and Exchange Commission setting ... Continue reading
Toyota Rolls Out New 2010 Prius - Video Enhanced
Washington DC May 16, 2009; Toyota today rolled out the newly revamped Prius, and said it already had 80,000 advance orders in Japan for the remodeled hybrid amid intensifying competition with its rival, the Honda Insight. Click here for a picture of the new Prius. According to The Detroit News, the launch comes as Aki ... Continue reading
Volkswagen Group Develops Noticeably Better also in April than Overall Market
The Volkswagen Group has again developed noticeably better than the global automotive market. In an overall market down by approximately 20 percent, the Group delivered 541,600 vehicles (April 2008: 568,100; -4.7 percent). ... Continue reading
The Ibiza FR and CUPRA in the Sales Network Before the Beginning of Summer
The sportiest versions of the Ibiza range, the FR and the CUPRA, will be available across the official dealership network in Spain before the start of summer to round off the extensive range of the popular Spanish model. Both exclusive vehicles making their sales debut accurately represent the values that SEAT applies ... Continue reading
MileMeter Founder Featured as Expert on By-the-Mile Auto Insurance
DALLAS--A select group of auto insurance regulators, environmentalists, consumer advocates and auto insurance executives recently gathered at the 2009 Ceres Conference to hear three industry experts outline the benefits of pay-as-you-drive (PAYD) insurance. âPure mileage-based insurance is a unique product that is ... Continue reading
Esurance quickly migrated Web applications to mobile devices, using the Microsoft platform. ORLANDO, Fla., May 18 -- Esurance Inc., the direct-to-consumer personal auto insurance company, has turned to Microsoft Corp. to roll out a software-plus-services implementation that delivers its popular online insurance service ... Continue reading
Cycle Country Accessories Corp. Announces Q 2, 09 EPS Loss of 14 Cents per Share
SPENCER, Iowa--Cycle Country Accessories Corp. (AMEX:ATC - News), the recognized leader in development, sales, marketing, and manufacturing of a variety of products for all terrain vehicles (ATV), garden tractors, and golf cars, announces a net loss of 14 cents per share for the three months ended March 31, 2009, versu ... Continue reading
GE Capital Fleet Services Identifies $100 Million in Cost Savings for Customers in First Quarter
EDEN PRAIRIE, Minn.--GE Capital Fleet Services today announced it identified nearly $100 million in cost savings for customers in the first quarter of 2009. Over the last five years, GE has helped companies with commercial car and truck fleets maximize their return on their fleet investments by identifying nearly $2 bi ... Continue reading
Ricardo Helps Shape CAFE Fuel Economy Ruling
VAN BUREN TWP., Mich., May 18 -- Ricardo, Inc., a leading independent provider of technology, product innovation and engineering solutions to the world's automotive, military, transport and new energy industries, has announced that is has provided technical support to the National Highway Traffic Safety Administration ... Continue reading
Fiat '500C by DIESEL': Playing the Starring Role at the Charity Auction in Favour of AmFAR
The Cinema Against AIDS Gala in favour of AmFAR (the American Foundation for AIDS Research), the association in charge of fund-raising for the fight against AIDS, is to be held on 21st May 2009, during the 62nd edition of the Cannes Film Festival. The charity auction, now in its seventeenth edition, will be taking plac ... Continue reading
US Arbitrator's Partial Final Award in Favor of Kington Holdings Against LoJack Equipment Ireland
Case stems from LoJack's termination of technology licence agreement with Kington in China BEIJING, May 18 /PRNewswire-Asia/ -- In November 2007 LoJack Equipment Ireland Ltd ("LEI"), a subsidiary of LoJack Corporation ("LoJack"), a provider of recovery systems for stolen vehicles, initiated arbitration proceedings agai ... Continue reading
Tongxin International, Ltd. Reports First Quarter 2009 Financial Results
NEW YORK and CHANGSHA, China, May 18 /PRNewswire-Asia-FirstCall/ -- Tongxin International Ltd. ("Tongxin") ("Company") a manufacturer of engineered commercial vehicle body structures ("EVBS" or "Cabs"), SUV passenger vehicle bodies and stamped body parts for the Chinese commercial vehicle market, today announced the Co ... Continue reading
Audi Once Again Named Top Employer by Engineers
Germany's engineering students have once again voted AUDI AG the most attractive employer, as Universum revealed today in its Most Popular Employers rankings. The Ingolstadt-based automotive company came out on top among budding engineers to repeat as victor. ... Continue reading
NEW YORK--National Point and Insurance Reduction Course, a leader in defensive driving courses, announced today the launch of its Improv Aware Driver Course, one of the first New York State Department of Motor Vehicles approved online programs for New York drivers. First introduced in the 1980âs as an interactive ... Continue reading
Pedata RV Supports RVers Rights June 10th, 2009
Summary: Pedata RV encourages Recreational Vehicle Industry Associationââ¬â¢s (RVIA) Seventh Annual Advocacy Day In an effort to make congress aware of the RV industry and their efforts at ââ¬Ëgreeningââ& amp; #130;¬â¢ vacations, RVIA is headed to congress June 10th, 2009. The automobile i ... Continue reading
BMW Becomes Global Partner of Independent Collectors
The cliché of the art collector as a withdrawn lone warrior needs redrawing. Since June 2008, the online platform Independent Collectors has been successfully connecting collectors of contemporary art. More than 1,500 collectors from 66 nations have already registered with the Internet community. ... Continue reading
With Audi A5 Cabriolets to the German Open
The countdown is running: This Thursday, the second edition of the HypoVereinsbank Ladies German Open presented by Audi will tee off at Gut Häusern. Five golfers already start enjoying "Vorsprung durch Technik" today: Audi provides Audi A5 Cabriolets to the best female pros for the duration of the tournament that is e ... Continue reading
Ituran Location and Control Ltd. Presents Results for the First Quarter of 2009
AZOUR, Israel, May 18 -- Ituran Location and Control Ltd. , today announced its consolidated financial results for the first quarter ended March 31, 2009. Highlights of the Quarter - Strong year over year growth in net income - Improved year over year gross, Ebitda and net margins - A 10,000 net subscriber increase to ... Continue reading
Bob Bondurant Named Grand Marshall of 2009 Palos Verdes Concours d'Elegance
(http://www.pvconcours.com/home.htm) Bob Bondurant Named Grand Marshall of 2009 Palos Verdes Concours dââ¬â¢Elegance; ââ¬ÅRestoration Alleyââ¬??? is new feature Rancho Palos Verdes, CA, May 18, 2009 -- Bob Bondurant, former Formula One and sports car driver and the worldââ¬â¢s lea ... Continue reading
Reportlinker Adds World Automotive Brake Friction Products Market Report
NEW YORK--Reportlinker.com announces that a new market research report is available in its catalogue. World Automotive Brake Friction Products Market http://www.reportlinker.com/p0119480/World-Automotive-Brake-Friction-Pr oducts-Market.html This report analyzes the worldwide markets for Automotive Brake Friction Produc ... Continue reading
NAVTEQ Traffic.com Offers Memorial Day Drivers Money and Fuel-Saving Tips
Average American Spends 36 Hours per Year 'Stuck in Traffic*,' Wasting Gas CHICAGO, May 18 -- NAVTEQ, the leading global provider of digital map, traffic and location data for in-vehicle, portable, wireless and enterprise solutions, provides drivers with tips this summertime driving season. With Americans spending 4.2 ... Continue reading
Honda's Fukui Says Worst is Over, Sees 2nd-Half Improvement
Washington DC May 17, 2009; The AIADA newsletter reported that Honda Motor Co.'s earnings will hit bottom this year and improve beyond that as demand in the United States returns in the second half, CEO Takeo Fukui said. According to Automotive News, Japan's number-two automaker lost $1.95 billion in the fourth quarter ... Continue reading
Award-winning Chevrolet Artists meet Film and Photo Professionals
Since 2007, Chevrolet has awarded the winners of its European YCC applied arts contest (Young? Creative? Chevrolet!) with a cash prize and the opportunity to experience professionals at work. Chevrolet believes that being at the heart of the action is the best way for students to develop their talents and prepare for t ... Continue reading
The U.S. Leads Global Ethanol Consumption
SRI Consulting Publishes Global 2009 Ethanol Report MENLO PARK, Calif.May 18, 2009; Global demand for ethanol is predicted to increase annually by 9.3% over next 5 years. The United States is the largest consumer using 50% of the worldâs supply, largely due to mandated production levels specified by legislation. T ... Continue reading
STOCKHOLM, Sweden--Regulatory News Mack Trucks, Inc. and the United Auto Workers union have reached a tentative agreement on a new 40-month Master Agreement. The agreement includes the creation of a trust that would completely eliminate Mack´s health care liabilities for retirees. If approved by the UAW members, the a ... Continue reading
Shanghai GM Dong Yue Automotive Powertrain Launches New Highly Efficient Ecotec Engines
General Motors China announced that its Shanghai GM Dong Yue Automotive Powertrain joint venture in Yantai, Shandong, has begun production of a new series of GM Ecotec engines. The engines, with displacements of 1.6 and 1.8 liters, will power new Shanghai GM models built and sold in China. ... Continue reading
Aston Martin Choose 2009 London Motorexpo For Uk Debuts Of V12 Vantage And DBS Volante
Aston Martin have today confirmed they will use the 2009 London Motorexpo as the platform for the UK debut of both their V12 Vantage and DBS Volante - following the world premieres of both vehicles earlier this year at the Geneva Motor Show. ... Continue reading
R Line Model Adds Value for Money and Fresh Appeal To VW Passat Range
Volkswagen is revising its Passat saloon and Estate ranges, adding a new R Line model to give customers more equipment and value for money. ... Continue reading
VW Golf Back In Top Spot As European 'Scrappage Schemes' Bite
JATO Dynamics, the world's leading provider of automotive data and intelligence, has released its monthly European new car market analysis for April 2009, showing the Volkswagen Golf has re-claimed its crown as Europe's best-selling car, while Volkswagen remains the best-selling brand. ... Continue reading
Vauxhall Launches Most Economical Car in Company's History
With a combined CO2 rating of just 105g/km, the latest Vauxhall Corsa ecoFLEX shaves a remarkable 14g/km off the outgoing model's emissions figure, and now achieves 85.6mpg on the Government's extra urban fuel cycle - an improvement of over 13 per cent. ... Continue reading
Legendary 1957 Ferrari Testa Rossa Smashes Auction World Record at Maranello Sale
An iconic, pontoon-fender 1957 Ferrari 250 Testa Rossa (TR) sells for euro 9,020,000 to set a new auction world record as the most expensive motor car ever to be sold at auction. MARANELLO, Italy, May 17 -- RM Auctions, in association with Sotheby's made history at the Ferrari factory in Maranello today as a 1957 Ferra ... Continue reading
Proton Announces Plans to Expand with Australia's Lowest Priced Car
Proton Cars has announced a revitalised assault on the Australian car market and has signalled it will launch Australia's lowest priced sedan, which it believes will be the perfect answer to the current financial climate. ... Continue reading
Honda Rewards Outstanding Technicians
Honda Australia would like to congratulate Scott Duncan from Peter Roberts Honda in Queensland, who was awarded 'Technician of the Year' and Christopher White from Col Crawford Motors who was awarded 'Apprentice of the Year'. ... Continue reading
Construction Set to Start on Sydney's Newest Star: Mercedes-Benz Sydney
This week sees the start of construction on what is set to be one of Sydney's most impressive luxury car showrooms: Mercedes-Benz Sydney. This all-new state-of-the-art dealership forms part of the luxury brand's ongoing long-term investment in top-level retail facilities, which has been driven by the company's desire t ... Continue reading
Lexus IS Retractable Hard-Top Convertible Offers Top-Down Expressiveness with Coupe-Inspired Styling
2010 IS 250C | IS 350C Features & Specs The all-new 2010 Lexus IS 350C and IS 250C hard-top convertibles give Lexus a coupe and convertible in the entry luxury segment for the first time. The IS C models combine the expressiveness of a convertible with the athletic styling of a coupe. Sophisticated Retractable Hardtop ... Continue reading
General Motors, Chrysler: Cutting Their Way to Greatness
Joel West SeekingAlpha May 17, 2009; The Big Three auto companies certainly arenât selling as many cars as they used to. As such, they need to reduce their fixed costs to more closely match their current revenues. Towards this end, the two sickest âU.S.â automakers are shedding dealers. Thursday, Chrysle ... Continue reading
Minneapolis and St. Paul Work with Ford on Proposed EV Project
MINNEAPOLIS May 17, 2009; The AP reported that Twin Cities nonprofit groups and government officials are working with Ford Motor Co. and Xcel Energy to bring electric cars to the area. Ford is hoping to get federal stimulus money for the project, and a proposal in Minneapolis and St. Paul could be one of 34 projects to ... Continue reading
Shunned Chrysler Dealers Have Only Weeks To Sell New Chrysler Dodge and Jeep Vehicles
DETROIT May 17, 2009; Tom Krisher witing for the AP reported that at 789 Chrysler lots across America sit 44,000 potential bargains, cars and trucks that are stuck between shellshocked dealers and a troubled company that no longer wants their services. The dealers have just a few weeks to sell the Chryslers, Dodges and ... Continue reading
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