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May 2009

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Friday, May 29, 2009

Schwarzenegger Introduces Raser's 100-MPG Electric Hummer H3 - EXCLUSIVE VIDEO

Schwarzenegger Introduces Raser's 100-MPG Electric Hummer H3 - EXCLUSIVE VIDEO

By Marc J. Rauch Exec. Vice President/Co-Publisher SACRAMENTO – May 29, 2009: California’s Governor Arnold Schwarzenegger presented Raser Technologies’ (up to) 100 MPG Hummer H3 at a press conference yesterday afternoon before a small but enthusiastic crowd. The introduction of this electric-hybrid SUV i ... Continue reading

John Lafalaise Named President of U-Haul Company of Coastal South Carolina

John Lafalaise Named President of U-Haul Company of Coastal South Carolina

SAVANNAH, Ga., May 29 -- The U-Haul Company of Coastal South Carolina today announced the promotion of John Lafalaise to president. Lafalaise brings more than 13 years of U-Haul experience to his new position, where he will be responsible for overseeing the daily operations of the company, including truck, trailer and ... Continue reading

Visteon Receives Court Approval of All First Day Motions

Visteon Receives Court Approval of All First Day Motions

VAN BUREN TOWNSHIP, Mich., May 29, 2009 -- Visteon Corporation (OTC:VSTN) announced that the U.S. Bankruptcy Court for the District of Delaware today granted interim approval for the company to use certain cash collateral to continue operations in the ordinary course of business. (Logo: http://www.newscom.com/cgi-bin/p ... Continue reading

Newly Ratified GM-UAW 2007 National Labor Agreement Modifications Eliminate Competitive Gap for GM

Newly Ratified GM-UAW 2007 National Labor Agreement Modifications Eliminate Competitive Gap for GM

DETROIT - May 29, 2009: General Motors today confirmed that its UAW-represented employees have ratified the modifications to the GM-UAW 2007 National Labor Agreement. The amended agreement covers approximately 54,000 hourly employees located in 46 U.S. facilities. "The leadership demonstrated by UAW president Ron Gette ... Continue reading

GM Announces Plans to Build Small Car in U.S.

GM Announces Plans to Build Small Car in U.S.

GM to utilize and retool idled assembly and stamping facility for future production. Additional production will help the company deliver outstanding new vehicles to the compact and small car markets and meet future fuel efficiency regulations. DETROIT, Mich. -- General Motors Corporation announced today it plans to bui ... Continue reading

Goodyear Akron Headquarters Moving Forward

Goodyear Akron Headquarters Moving Forward

AKRON, Ohio, May 29 -- The Goodyear Tire & Rubber Company announced today the sale of certain of its Akron properties to Industrial Realty Group (IRG) as a first step toward finalizing plans for developing a new headquarters in Akron. (Logo: http://www.newscom.com/cgi-bin/prnh/20050204/GTLOGO ) Goodyear has signed a mu ... Continue reading

Nearly Ex-GM'er Bob Lutz Tells It Like He Sees It At Detroit's APA

Nearly Ex-GM'er Bob Lutz Tells It Like He Sees It At Detroit's APA

BOB LUTZ: AN AUTO INDUSTRY UPDATE FROM THE ALPHA CAR GUY By Steve Purdy Photo by Bob Benko TheAutoChannel.com Detroit Bureau Members of the automotive press in Detroit are not used to paying for their own lunch. But today was the exception. Bob Lutz, GM’s universally respected product guru, a guy famous for saying ... Continue reading

Chrysler Plan Carries Extra Costs, Say Turnaround Experts

Chrysler Plan Carries Extra Costs, Say Turnaround Experts

CHICAGO, May 29 /PRNewswire-USNewswire/ -- As Chrysler wends its way through U.S. bankruptcy court, most turnaround experts said the deal steered by the federal government to pay the carmaker's secured lenders roughly 30 cents on the dollar will drive up the price of secured loans and make them harder to obtain. Half o ... Continue reading

Stig Blomqmqvist To Drive Audi Quattro S1 E2 At Rallyday

Stig Blomqmqvist To Drive Audi Quattro S1 E2 At Rallyday

Chatsworth, May 29, 2009: World Rally Champion Stig Blomqvist has confirmed his attendance at Rallyday 2009, which takes place on Saturday 19 September at Castle Combe Circuit, Wiltshire, UK. Stig won the World Rally Championship in 1984, behind the wheel of the iconic Audi quattro, and contributed to Audi winning thei ... Continue reading

Harker ready to defend O'Reilly Summer National's title

Harker ready to defend O'Reilly Summer National's title

Topeka, May 29, 2009: Australian Top Alcohol Funny Car driver, Steve Harker is geared up and ready to defend his National Event win from this event in 2008. Harker and his team are preparing to compete against nineteen other teams this weekend at the NHRA O'Reilly Summer Nationals to be held at Heartland Park Raceway. ... Continue reading

Hinchcliffe Post Indy Q&A

Hinchcliffe Post Indy Q&A

Toronto, May 29, 2009: Canada’s James Hinchcliffe took time out before competing in this weekend’s sixth round of the 2009 Firestone Indy Lights Series, at the Milwaukee Mile, to review last week’s events at Indianapolis and his rookie season to-date racing the #7 HinchTown.com entry for Sam Schmidt Moto ... Continue reading

Car Manufacturers and Suppliers Aim to Make Radar Sensor Systems Useable in All Vehicle Classes

Car Manufacturers and Suppliers Aim to Make Radar Sensor Systems Useable in All Vehicle Classes

BMW Forschung und Technik GmbH, Continental AG, Daimler AG, Infineon Technologies AG and Robert Bosch GmbH announced that they have formed the 'Radar on Chip for Cars' (RoCC) technology cooperation project. The companies are engaged in joint research with the aim to significantly increase driving safety by making highl ... Continue reading

Kracht looking to keep momentum going after First WIN

Kracht looking to keep momentum going after First WIN

Topeka, May 29, 2009: Only four events in and Omaha, NE resident, Kracht collected his first NHRA event win behind the wheel of the Randy Meyer Racing A/Fuel Dragster. This weekend will see the Meyer Racing team compete against twenty other teams at the NHRA O’Reilly Summer Nationals. Kracht who earned his NHRA co ... Continue reading

CTS Corporation to Establish Liaison Office in India

CTS Corporation to Establish Liaison Office in India

ELKHART, Ind.--CTS Corporation announced today that it is establishing a liaison office near New Delhi, India to engage in business development activities to support India’s fast growing automotive and electronics industries. “As emissions regulations for on and off-road vehicles tighten and the need for tele ... Continue reading

Fitch to Rate Ford Credit Auto Owner Trust 2009-B; Presale Issued

Fitch to Rate Ford Credit Auto Owner Trust 2009-B; Presale Issued

NEW YORK--Fitch Ratings expects to assign the following ratings to Ford Credit Auto Owner Trust 2009-B: --$290,000,000 class A-1 'F1+'; --$179,000,000 class A-2 'AAA'; Outlook Stable; --$386,000,000 class A-3 'AAA'; Outlook Stable; --$150,800,000 class A-4 'AAA'; Outlook Stable. The presale report is available to all i ... Continue reading

Caddy Maxi Kombi For Crew And Kit

Caddy Maxi Kombi For Crew And Kit

As a no cost option, a new 'kombi pack' for the five-seater Caddy Maxi window van is now available. The new vehicle deletes the Caddy Maxi Life's side windows in the load area to create a perfect vehicle for carrying crew while leaving a more secure and practical storage space for any tools or racking equipment. ... Continue reading

Former American Honda Motor Company Executive Vice President Joins Automotive Broadcasting Network Board

Former American Honda Motor Company Executive Vice President Joins Automotive Broadcasting Network Board

PONTE VEDRA BEACH, Fla.--The Automotive Broadcasting Network™ (ABN), auto retailing’s first private television network fueled by CBS, today announced that Richard E. Colliver, former executive vice president of American Honda Motor Co., Inc., has joined its Board of Directors. ABN (www.abnetwork.com) provides ... Continue reading

Asbury Automotive Group to Present at Stephens Inc. Conference

Asbury Automotive Group to Present at Stephens Inc. Conference

DULUTH, Ga., May 29 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., announced today that Company management will present at the Stephens Inc. Spring Investment Conference next week in New York City. The session featuring Craig T. Monaghan, Senior Vice President ... Continue reading

AAA Michigan and Discount Tire Team Up for Free Service During 'National Tire Safety Week'

AAA Michigan and Discount Tire Team Up for Free Service During 'National Tire Safety Week'

June 8-13, at all Michigan Discount Tire stores DEARBORN, Mich., May 29 -- Discount Tire, the nation's largest independent tire retailer and a AAA Show Your Card and Save(R) partner, is offering a free tire inspection service to all motorists who come into any Discount Tire store statewide during "National Tire Safety ... Continue reading

EPA Media Alert (HQ): WEDNESDAY: EPA Administrator Lisa P. Jackson to Visit Ohio to Announce American Recovery and Reinvestment Act Grants for Auto Communities

EPA Media Alert (HQ): WEDNESDAY: EPA Administrator Lisa P. Jackson to Visit Ohio to Announce American Recovery and Reinvestment Act Grants for Auto Communities

U.S. Environmental Protection Agency (EPA) *WEDNESDAY: EPA Administrator Lisa P. Jackson to Visit Ohio to Announce American Recovery and Reinvestment Act Grants for Auto Communities * "Administrator to join Ohio public officials to announce recovery act grants for clean diesel projects in Columbus, Cincinnati "Contact: ... Continue reading

International Transport Sector Confident to Provide Transport's Central Role in Stimulating Economies Around the World

International Transport Sector Confident to Provide Transport's Central Role in Stimulating Economies Around the World

PARIS and LEIPZIG, Germany, May 29 -- - 800 Delegates From Around the World, Including 52 Transport Ministers and Industry Leaders Discussed the Future of Global Transport at the 2009 International Transport Forum in Leipzig, Germany. In the face of the global economic downturn, transport will play a key role in suppor ... Continue reading

ArvinMeritor Earns State and National Recognition for Supporting Employees in the Military

ArvinMeritor Earns State and National Recognition for Supporting Employees in the Military

Company Selected for Michigan 'Pro Patria' Award; Nominated for National 'Employer Support Freedom Award' TROY, Mich., May 29 -- ArvinMeritor, Inc. has earned the highest level award in Michigan for providing exceptional support to its employees who serve in the U.S. military and is in contention for a similar national ... Continue reading

Safe and Cheap: The Best Cars for New Grads

Safe and Cheap: The Best Cars for New Grads

"Teen Car Search System" using safety and crash-test information from the Web sites of the Insurance Institute for Highway Safety and the National Highway Traffic Safety Administration, and quality and reliability scores from Consumer Reports, the nonprofit product-analysis publisher. Additionally, he suggests filterin ... Continue reading

U.S. to Invest $30 Billion in GM as Closed Dealerships Still Not Identified

U.S. to Invest $30 Billion in GM as Closed Dealerships Still Not Identified

Washington DC May 29, 2009; THe AIADA newsletter reported that according to Automotive News, the Obama administration plans to inject $30 billion into General Motors on top of the $19.4 billion it has already lent as part of a sweetened offer to bondholders. At least 35 percent of the bondholders have indicated they wi ... Continue reading

UK Cash For Clunkers Scrappage Boosts Orders by 35,000

UK Cash For Clunkers Scrappage Boosts Orders by 35,000

LONDON, May 29, 2009; Matt Falloon and John Bowker writing for Reuters reported that Britain's car scrappage scheme has boosted orders of new cars by 35,000 vehicles since it was announced in the April Budget, the government said on Friday. British car sales have been falling sharply this year as the recession has cut ... Continue reading

Spartan Motors Announces Retirement of CFO James Knapp

Spartan Motors Announces Retirement of CFO James Knapp

CHARLOTTE, Mich., May 29 -- Spartan Motors, Inc. today announced that senior vice president, chief financial officer, chief compliance officer and treasurer James Knapp will be retiring from the company within the next few months. Knapp, 63, has been Spartan's chief financial officer, secretary and treasurer for the pa ... Continue reading

RTEV Spins Off Wheego Electric Cars

RTEV Spins Off Wheego Electric Cars

Wheego Set To Launch Its First All-Electric Car, the Wheego Whip LSV ATLANTA, May 29 -- Ruff and Tuff Electric Vehicles Inc. (RTEV), a leading manufacturer of recreational electric vehicles, today announced the spin-off of Wheego Electric Cars. Mike McQuary, the chairman and CEO of RTEV, will assume the role of CEO of ... Continue reading

Gifford Named Zeus Director of International Sales

Gifford Named Zeus Director of International Sales

ORANGEBURG, S.C., May 29 -- Zeus, Inc., a global leader in high-performance polymer extrusions, has named Timothy Gifford as its Director of International Sales. Gifford is experienced in general management, international sales, and business development within the manufacturing, financial, industrial, and energy indust ... Continue reading

Volvo Powertrain Signs Agreement on Shortening of Work Hours for Collective-Agreement Employees

Volvo Powertrain Signs Agreement on Shortening of Work Hours for Collective-Agreement Employees

STOCKHOLM, Sweden--Regulatory News: The Volvo Group’s (STO:VOLVA) (STO:VOLVB) unit for engine and gearbox production, Volvo Powertrain, has signed an agreement with the local IF Metall trade unions in Skövde and Köping, Sweden regarding the shortening of work hours with subsequent income reduction. The agree ... Continue reading

Subaru Dealer Sponsors Rally Show

Subaru Dealer Sponsors Rally Show

Subaru dealer, Europa, today announced it will be the official vehicle sponsor at the Chatsworth International Rally Show, June 6-7, 2009. ... Continue reading

Clean, Economical And Powerful: The New-Generation Diesel Engines For The Mercedes-Benz Sprinter

Clean, Economical And Powerful: The New-Generation Diesel Engines For The Mercedes-Benz Sprinter

It is the bestselling van in its class in Europe, and has lent its name to an entire vehicle category. It has repeatedly set standards in technology, safety, economy, environmental protection and performance. Now the Mercedes-Benz Sprinter is consolidating its leading position even further, pulling away from its compet ... Continue reading

Supreme Performance, Exclusive Style: The BMW M3 Edition Models

Supreme Performance, Exclusive Style: The BMW M3 Edition Models

Powerful, aesthetic design, supreme performance and exclusive style - the unique characteristics of the BMW M3 are now available in highly attractive Edition Models focusing on the most outstanding highlights of these outstanding cars. ... Continue reading

Research and Markets: Car Aftermarket In Turkey - Country Overview 2009 Provides Market Sizes And Forecasts, Over The Period 2008 To 2012

Research and Markets: Car Aftermarket In Turkey - Country Overview 2009 Provides Market Sizes And Forecasts, Over The Period 2008 To 2012

DUBLIN--Research and Markets(http://www.researchandmarkets.com/research/38fbc8/car_aftermark et_in) has announced the addition of the "Car Aftermarket in Turkey - Country Overview 2009" report to their offering. The document highlights the development of six product families across eight channels in the Turkish Afterma ... Continue reading

Lennox International to Present at KeyBanc Conference

Lennox International to Present at KeyBanc Conference

DALLAS, May 29 -- Todd Bluedorn, chief executive officer of Lennox International Inc. , is scheduled to present at the KeyBanc Industrial, Automotive and Transportation Conference on Tuesday, June 2. Presentation materials will be made available on the company's website at http://www.lennoxinternational.com/. (Logo: ht ... Continue reading

New Ford SYNC Application - Traffic, Directions and Information - Ready for Free Download

New Ford SYNC Application - Traffic, Directions and Information - Ready for Free Download

DEARBORN, Mich.,, May 29 -- SUMMARY: -- Current owners of early-launched 2010 vehicles equipped with Ford SYNC now can visit www.syncmyride.com and download and install the latest application - Traffic, Directions and Information (TDI) - at home for no additional cost -- SYNC TDI connects a customer's Bluetooth-enabled ... Continue reading

En Route to a New Record With the Audi A3: Three Continents in Three Days

En Route to a New Record With the Audi A3: Three Continents in Three Days

Covering over 4,900 kilometers (3,044 miles) in three days, driving specialist Gerhard Plattner is gearing up for his next record-breaking attempt as the first driver to reach three continents in just three days. On June 8, Plattner and his co-pilot Franz Doppler will depart from Rabat, Morocco, in an Audi A3 1.9 TDI e ... Continue reading

Italy Celebrates The Most Stylish Cars In The World!

Italy Celebrates The Most Stylish Cars In The World!

Museums across Italy have joined forces to celebrate 110 years of the most stylish cars in the world, with the country's leading museums organizing displays of the most celebrated cars produced in Italy and headlined by a special display the Galleria Ferrari, the official museum of Italy's legendary super car maker. ... Continue reading

Kelley Blue Book to Launch All-New Online Vehicle Classifieds

Kelley Blue Book to Launch All-New Online Vehicle Classifieds

Kbb.com New- and Used-Car Inventory Listings Program Provides Confidence to Consumers, Efficiencies to Dealers IRVINE, Calif., May 29 -- On July 17, 2009, Kelley Blue Book will launch The Trusted Marketplace(SM), a new online car shopping experience on its top-rated Web site www.kbb.com. Through a unique technology pla ... Continue reading

60 Percent of Motorists Admit to Losing Their Temper While Driving

60 Percent of Motorists Admit to Losing Their Temper While Driving

AAA has tips to help deal with aggressive driving DEARBORN, Mich., May 29 -- Aggressive driving kills, says AAA Michigan. More than half of fatal car crashes involve some form of aggressive driving--speeding, running another driver off the road, tailgating or yelling obscenities. A 2008 survey by the AAA Foundation for ... Continue reading

Zero Motorcycles Launches All-New Look for the Zero X 2009.5

Zero Motorcycles Launches All-New Look for the Zero X 2009.5

- Zero X Gets Revamped Just in Time for Summer - SANTA CRUZ, Calif., May 29 -- Zero Motorcycles today announced it has released the newest version of the Zero X - the 2009.5. To give the motorcycle a more aggressive appearance, Zero revamped all of the bodywork with its own specially designed fenders, side panels and f ... Continue reading

Mazda2 Is Top Ten Hit in Scotland

Mazda2 Is Top Ten Hit in Scotland

The stylish Mazda2 was the seventh best-selling car in Scotland in April. In February, the outgoing Mazda3 was the sixth best-seller, the first time that Mazda has had a car in the Top 10 best-sellers list in the country. ... Continue reading

Fiat Offer Puts Instructors In The Driving Seat

Fiat Offer Puts Instructors In The Driving Seat

The stylish Fiat 500 looks set to become an even more popular choice with driving schools and image-conscious pupils, thanks to the offer of free-of-charge He-Man dual controls on the car. ... Continue reading

Step Inside The Citroen DS Inside - Concept Car Interior Revealed

Step Inside The Citroen DS Inside - Concept Car Interior Revealed

Citroën has provided its first hint at the interior styling of the all-new DS3 by unveiling a new iteration of the DS Inside concept model. ... Continue reading

A New Step Forward for the Alliance

A New Step Forward for the Alliance

Since 1999, Renault and Nissan have achieved and developed an alliance that has created significant value for the two companies. The achievements include shared platforms and powertrains, cooperation on advanced technologies, standardization of manufacturing methods, the expansion of the product line-ups and the extens ... Continue reading

First Delivery of Fully Electric, Zero Emission MINI E

First Delivery of Fully Electric, Zero Emission MINI E

His favourite pioneer is Leonardo da Vinci, but now Peter Trepp can consider himself a bona fide pioneer, as he has become the first of several hundred customers in the United States to take delivery of the MINI E - a fully electric, zero emissions vehicle - as part of a year-long field study. ... Continue reading

The Honda Foundation Stands Up to Bullying

The Honda Foundation Stands Up to Bullying

The Honda Foundation, in conjunction with Tynan Motors in Sydney, has donated $10,000 to Enough is Enough, a not-for-profit organisation that addresses violence in the community, to assist with anti-bullying programs throughout New South Wales. ... Continue reading

Volvo Group to Launch Electric Hybrid Technology for Energy-Efficient Forestry Machinery

Volvo Group to Launch Electric Hybrid Technology for Energy-Efficient Forestry Machinery

STOCKHOLM, Sweden--Regulatory News: Sveaskog, a publicly owned Swedish forest company, has started using the first example of the El-forest F14 forestry machine, the world’s first forwarder to utilize electric-hybrid technology. The forwarder was developed by El-forest AB with assistance from the Volvo Technology ... Continue reading

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