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June 2009

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Friday, June 5, 2009

Streamlined SAE International Commercial Vehicle Congress Means Same Valuable Content, Less Time Away from the Office for Busy Professionals

Streamlined SAE International Commercial Vehicle Congress Means Same Valuable Content, Less Time Away from the Office for Busy Professionals

WARRENDALE, Pa., June 5 /PRNewswire-USNewswire/ -- In a move to better meet the needs of today's busy commercial vehicle engineering professionals, the SAE 2009 Commercial Vehicle Engineering Congress and Exhibition will go to a two-day format. Scheduled for Oct. 6-7 at the Donald E. Stephens Convention Center in Rosem ... Continue reading

Azure Dynamics Announces Amendments to Shareholder Rights Plan

Azure Dynamics Announces Amendments to Shareholder Rights Plan

OAK PARK, MI, June 5 -- Azure Dynamics Corporation (TSX: AZD) - ("Azure") or (the "Company"), a leading developer of innovative hybrid green technologies that address environmental and cost issues for operators of commercial vehicle fleets, today announced that, effective immediately but subject to acceptance by the To ... Continue reading

Fiat 500 on Fast Track to America - VIDEO ENHANCED

Fiat 500 on Fast Track to America - VIDEO ENHANCED

Washington DC June 4, 2009; The AIADA newsletter reported that Richard Gadeselli, a Fiat spokesman at the automaker's headquarters in Turin, Italy, sent an e-mail message to confirm plans to take the 500—voted as Europe's Car of the Year in 2008—to Chrysler dealerships just in time for Christmas 2010. That's ... Continue reading

PPG Appoints Lampe Vice President, Purchasing and Distribution

PPG Appoints Lampe Vice President, Purchasing and Distribution

PITTSBURGH--PPG Industries announced today that Steve T. Lampe has been appointed vice president, purchasing and distribution, effective July 1. He is currently PPG’s global raw materials director. In his new position, Lampe will continue to be based at PPG’s global headquarters in Pittsburgh and will report ... Continue reading

DIAS Holding Names Three to Board of Directors

DIAS Holding Names Three to Board of Directors

ALLEN PARK, Mich., June 5 -- DIAS Holding, Inc. (OTC:DSHL) (BULLETIN BOARD: DSHL) , owner and operator of the Detroit International Auto Salon, featuring up to 300,000 square feet of exhibition space for Asian companies to display their abilities as component resources, and Asia Forging Supply, with a decade long recor ... Continue reading

Hayes Lemmerz International, Inc. Wins Significant New Business

Hayes Lemmerz International, Inc. Wins Significant New Business

NORTHVILLE, Mich., June 5 -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that it has received several new business awards from both existing and new customers. The Company's Saraburi, Thailand plant will produce 16" alloy wheels for the Toyota Scion. This new award provides additional v ... Continue reading

Atlanta Motorsport Park and Track Chic, Inc. Team Up to Celebrate the Women behind the Wheels

Atlanta Motorsport Park and Track Chic, Inc. Team Up to Celebrate the Women behind the Wheels

<B>Atlanta Motorsports Park partners with Track Chic, Inc. to share an online journal of the development of America’s premier motorsport facility with Track Chic’s audience of female motorsport fans.</b> Atlanta, June 5, 2009: Track Chic is the only online/offline social club, shopping, charity and racing new ... Continue reading

Gurney and GAINSCO/Bob Stallings Racing on front Row for Saturday's Grand-Am Rolex Sports Car Series Sahlen's Six Hours of The Glen

Gurney and GAINSCO/Bob Stallings Racing on front Row for Saturday's Grand-Am Rolex Sports Car Series Sahlen's Six Hours of The Glen

WATKINS GLEN, June 5, 2009: Alex Gurney gave GAINSCO/Bob Stallings Racing its best qualifying effort of the season Friday and will start on the outside of the front row in the No. 99 GAINSCO Auto Insurance Pontiac Riley in tomorrow’s Sahlen’s Six Hours of The Glen. SPEED’s live coverage of the opening tw ... Continue reading

SunTrust Racing Qualifying Report - Sahlen's Six Hours of The Glen

SunTrust Racing Qualifying Report - Sahlen's Six Hours of The Glen

Watkins Glen, june 5, 2009: The No. 10 SunTrust Ford Dallara of Wayne Taylor Racing driving duo of Max Angelelli and Brian Frisselle will start Saturday’s Grand-Am Rolex Sports Car Series Sahlen’s Six Hours of The Glen from the inside of the second row after qualifying Friday afternoon at Watkins Glen (N.Y.) ... Continue reading

Redflex Traffic Systems Selected by City of Phoenix for Photo Enforcement Safety Program

Redflex Traffic Systems Selected by City of Phoenix for Photo Enforcement Safety Program

PHOENIX--Redflex Traffic Systems, Inc., the largest provider of photo enforcement systems for roads and highways in the U.S., was awarded a contract with the city of Phoenix, Ariz. to continue the city’s existing red light and school zone enforcement program. Redflex was awarded the three-year contract following a ... Continue reading

Edmunds.com Releases Tool To Help Car Shoppers Stick Within Their Budget - Just Three Years AFTER The Auto Channel Provided "Cars Ranked By Monthly Payment Tool"

Edmunds.com Releases Tool To Help Car Shoppers Stick Within Their Budget - Just Three Years AFTER The Auto Channel Provided "Cars Ranked By Monthly Payment Tool"

SANTA MONICA, Calif.--Many families are now paying extra attention to their household budgets – including their monthly car payment. Typically, car buyers have a payment in mind when starting to shop for a vehicle. They spend hours researching only to discover that the chosen vehicle’s MSRP doesn’t trans ... Continue reading

HDNet Set For Atlantic Championship Television Coverage Beginning This Weekend; Network To Carry Live Coverage of Doubleheaders in New Jersey and Chicago

HDNet Set For Atlantic Championship Television Coverage Beginning This Weekend; Network To Carry Live Coverage of Doubleheaders in New Jersey and Chicago

BROWNSBURG, June 5, 2009: The speed and excitement of the Cooper Tires Presents The Atlantic Championship Powered by Mazda will be on display in high definition for the first time this season as officials from HDNet and MAZDASPEED today announced that the television network is scheduled to broadcast five Atlantic event ... Continue reading

Allstate 400 At The Brickyard Notebook - June 5, 2009

Allstate 400 At The Brickyard Notebook - June 5, 2009

<b>Goodyear happy with tire test results; Double-file restarts to spice up racing</b> INDIANAPOLIS, June 5, 2009: Goodyear officials were pleased with the results of NASCAR Sprint Cup tire testing June 1-2 at Indianapolis Motor Speedway in preparation for the 16th Allstate 400 at the Brickyard on July 24-26, as drivers ... Continue reading

Goodyear Promotes Tire Care During Safety Week

Goodyear Promotes Tire Care During Safety Week

AKRON, Ohio, June 5 -- To coincide with a national observance this month, The Goodyear Tire & Rubber Company is urging everyone to show a caring attitude toward their tires. (Logo: http://www.newscom.com/cgi-bin/prnh/20050204/GTLOGO) National Tire Safety Week, held during June 7-13, is a period that emphasizes the simp ... Continue reading

OnCars.com Showcases Derek Daly In "Rev - The Ragged Edge"

OnCars.com Showcases Derek Daly In "Rev - The Ragged Edge"

<b>Noblesville, January 4, 2009:</a> OnCars.com's Executive Producer Rick Graves has released the seventh episode of the innovative new-media racing video program "Rev". The chapter, based on career challenges associated with professional motorsports, is entitled "The Ragged Edge", and showcases well-known former F1/In ... Continue reading

Hughes Telematics Wins 2009 International Telematics Award

Hughes Telematics Wins 2009 International Telematics Award

ATLANTA--Hughes Telematics, Inc. (HTI), a leader in providing next generation telematics solutions, today announced that its in-Drive AT-500 device has been honored with the 2009 Best Aftermarket Device award at the Telematics Update conference in Detroit, Michigan. The award celebrates the aftermarket product that has ... Continue reading

IndyCar Notes - June 4, 2009

IndyCar Notes - June 4, 2009

WHELDON TOPS NIGHT PRACTICE AT TEXAS MOTOR SPEEDWAY FORT WORTH, Dan Wheldon, who has a trio of third-place finishes at Texas Motor Speedway, will attempt to give Panther Racing its sixth victory at the track June 6 in the Bombardier Learjet 550k. He started quickly on the 1.5-mile, high-banked oval. Wheldon, driving th ... Continue reading

Troy Coughlin hoping to get an early read on Reading track

Troy Coughlin hoping to get an early read on Reading track

READING, June 5, 2009: Veteran racer Troy Coughlin has competed at Maple Grove Raceway so many times he's lost track of his visits. So as he arrives in town for this weekend's Kooks Custom Headers NMCA Muscle Car Nationals, his experience tells him a through examination of the racing surface is top priority. "I've race ... Continue reading

Goodyear Blimp to Provide Aerial Coverage for Lake Elsinore Lucas Oil Off Road Race - June 27th-28th

Goodyear Blimp to Provide Aerial Coverage for Lake Elsinore Lucas Oil Off Road Race - June 27th-28th

Corona, June 5, 2009: Lucas Oil announced that the Goodyear blimp will present aerial coverage for the Lucas Oil Off Road Race in Lake Elsinore, California June 27th and 28th. Often seen flying high over many major national sporting events the presence of the Goodyear blimp represents the continued growth of short cour ... Continue reading

Randy Meyer returns to driving duties at the United Association Route 66 Nationals

Randy Meyer returns to driving duties at the United Association Route 66 Nationals

Joliet, June 5, 2009: Top Alcohol Dragster team owner, crew chief and driver, Randy Meyer will return to competition at this weekend United Association NHRA Route 66 Nationals to be held at Route 66 Raceway just outside of Chicago. Meyer will compete against some twenty-six Top Alcohol Dragster teams at one of the toug ... Continue reading

Research and Markets: Analysis on the Financial Position of the Top Five Auto Parts Distributors in North America - Effective Strategies to Counter the Economic Downturn

Research and Markets: Analysis on the Financial Position of the Top Five Auto Parts Distributors in North America - Effective Strategies to Counter the Economic Downturn

DUBLIN--Research and Markets (http://www.researchandmarkets.com/research/5d8ba9/analysis_on_the_fi) has announced the addition of Frost & Sullivan's new report "Analysis on the Financial Position of the Top Five Auto Parts Distributors in North America" to their offering. This Frost & Sullivan research service titled A ... Continue reading

May 2009 U.S. Auto Sales - Amid Turmoil, Dealers See Modest Gains

May 2009 U.S. Auto Sales - Amid Turmoil, Dealers See Modest Gains

Despite the uncertainty leading up to General Motors’ Monday, June 1 bankruptcy announcement, auto sales saw modest improvement during the month of May. According to numbers from Autodata Corp., 106,284 more cars were sold in May than in April of this year. International Brands Hold Market Share Edge International ... Continue reading

Brawn GP - Istanbul Grand Prix - June 5, 2009

Brawn GP - Istanbul Grand Prix - June 5, 2009

The opening day of practice for Sunday's Turkish Grand Prix at the Istanbul Park Circuit got underway today with Brawn GP's Rubens Barrichello and Jenson Button taking to the track two weeks after the team's one-two finish in Monaco. The team faced a number of challenges over the course of the two ninety minute session ... Continue reading

Audi's McNish: A Tribute To Jon Field

Audi's McNish: A Tribute To Jon Field

Braselton, June 5, 2009: Intersport Racing's Jon Field has a huge fan in Audi's Allan McNish. Allan McNish has a worldwide popularity that few drivers in the American Le Mans Series – and endurance racing as a whole – can match. But the wee Scot offered a tribute during his Le Mans preparation to one of his f ... Continue reading

Atlanta Motor Speedway Announces Father's Day Gift Track Ride Special

Atlanta Motor Speedway Announces Father's Day Gift Track Ride Special

<b>Purchase Labor Day Weekend Tickets for Dad and To Drive the Track Free</b> HAMPTON, June 5, 2009 If you’re looking for something special for Dad this Father’s Day, Atlanta Motor Speedway has a unique gift idea for your Dad – tickets and an opportunity to drive on AMS’ 1.54-mile NASCAR quad-oval t ... Continue reading

Green Star Completes Final Test Series for Plug-In Hybrid Electric Vehicles

Green Star Completes Final Test Series for Plug-In Hybrid Electric Vehicles

FRANKFORT, Ky.--Green Star Products, Inc. (OTC: GSPI) today announced that it has successfully completed its full series of Plug-In Hybrid Electric Vehicle (PHEV) testing protocols. Global Green Cars, Inc., a strategic alliance partner with Green Star Products, has completed its full testing sequence of its PHEV over t ... Continue reading

Navistar Continues to Expand Presence in Southern Africa

Navistar Continues to Expand Presence in Southern Africa

JOHANNESBURG--The doors to a new 4,200 square meter parts distribution center (PDC) officially opened today in Midrand, launching Navistar’s newest facility in South Africa. At a grand opening ceremony, customers, dealers, employees and Navistar executives celebrated the benefits of the new PDC, which will greatly ... Continue reading

GM not to import China-made compact cars to US

GM not to import China-made compact cars to US

GM not to import China-made compact cars to US http://autonews.gasgoo.com/auto-news/1010769/GM-not-to-import-China-mad e-com pact-cars-to-US.html Shanghai, June 5 (Gasgoo.com) General Motors has made a concession to the United Auto Workers union (UAW) and decided not to import small vehicles from China to the U.S. mark ... Continue reading

Guangzhou Auto to build Fiat Linea in Guangzhou

Guangzhou Auto to build Fiat Linea in Guangzhou

Guangzhou Auto to build Fiat Linea in Guangzhou http://autonews.gasgoo.com/auto-news/1010770/Guangzhou-Auto-to-build-Fi at-Li nea-in-Guangzhou.html Shanghai, June 5 (Gasgoo.com) Guangzhou Automobile Industry Group and Fiat's joint venture will begin to build Fiat Linea at Panyu district of Guangzhou, Guangdong province ... Continue reading

Research and Markets: Global Medium and Heavy Trucks Market Shrank by 2.9% in 2008 to Reach a Value of $295.4 Billion

Research and Markets: Global Medium and Heavy Trucks Market Shrank by 2.9% in 2008 to Reach a Value of $295.4 Billion

DUBLIN--Research and Markets (http://www.researchandmarkets.com/research/c996a3/medium_heavy_tru) has announced the addition of the "Medium & Heavy Trucks: Global Industry Almanac" report to their offering. The Medium & Heavy Trucks: Extended Global Industry Guide is an essential resource for top-level data and analysi ... Continue reading

Research and Markets: The North American Starters and Alternators Aftermarket is Expected to Do Well Due to Rising Popularity of Truck Transport

Research and Markets: The North American Starters and Alternators Aftermarket is Expected to Do Well Due to Rising Popularity of Truck Transport

DUBLIN--Research and Markets (http://www.researchandmarkets.com/research/511367/north_american_cla) has announced the addition of Frost & Sullivan's new report "North American Class 4 - 8 Starters and Alternators Aftermarket" to their offering. This Frost & Sullivan research service titled North American Class 4-8 Star ... Continue reading

Virginia Senator Introduces new "Cash for Clunker" legislation, includes used cars

Virginia Senator Introduces new "Cash for Clunker" legislation, includes used cars

Webb suggests giving cash for buying a newer car By Bill Bartel The Virginian-Pilot, http://hamptonroads.com/2009/06/webb-suggests-giving-cash-buying-newer- car © June 5, 2009 U.S. Sen. Jim Webb of Virginia wants the federal government to give motorists a financial reward if they trade in their old automobiles. Anyone ... Continue reading

General Motors and Penske Agree to Deal for Saturn

General Motors and Penske Agree to Deal for Saturn

Transaction would save more than 13,000 jobs; preserves renowned brand and retail network DETROIT - June 5, 2009: General Motors Corp. and Penske Automotive Group today confirmed details of a proposed transaction under which Penske would acquire the Saturn brand. If completed, the deal would save more than 350 dealersh ... Continue reading

EDTA - This Week in EV-Motoring

EDTA - This Week in EV-Motoring

Media Watch: Battery Stimulus Scramble Forbes June 8, 2009 As many as 50 battery makers are applying for a piece of the $2 billion available for electric-vehicle batteries. CLICK HERE Toyota: hybrids best 'green' car for some time Associated Press June 4, 2009 A Toyota executive overseeing research said a battery break ... Continue reading

Gov Schwarzenegger Welcomes Audi Olympic Fuel Cell Cars to Capitol - EXCLUSIVE VIDEO

Gov Schwarzenegger Welcomes Audi Olympic Fuel Cell Cars to Capitol - EXCLUSIVE VIDEO

Cutting-edge technology used at Beijing Olympics makes its California debut SACRAMENTO - June 5, 2009: Volkswagen showcased its Passat Lingyu fuel cell vehicles at the State Capitol on Wednesday, June 3, 2009. The Passat Lingyu is a zero-emission vehicle powered by a hydrogen fuel cell that can go up to 90 mph and up t ... Continue reading

AutoWeek Names Jeep Wrangler as One of its Coolest Summer Cars

AutoWeek Names Jeep Wrangler as One of its Coolest Summer Cars

- Jeep(R) Wrangler sales continue to gain momentum for fifth month in a row - Jeep Wrangler captures 33 percent share of Compact SUV segment - Jeep Wrangler Unlimited four-door accounts for 60 percent of Wrangler sales AUBURN HILLS, Mich., June 4 -- With summer just around the corner, AutoWeek magazine named the 2009 J ... Continue reading

Fuel Consumption Reduced By More Than 66.7 Million Litres In One And A Half Years, Thanks To Michelin Tyres

Fuel Consumption Reduced By More Than 66.7 Million Litres In One And A Half Years, Thanks To Michelin Tyres

For the United Nations' World Environment Day on 5 June in Mexico City, the Michelin Group has prepared a report on savings generated by its most recent car and truck tyre ranges since their launch in 2008. ... Continue reading

Opel Insignia ecoFLEX: Green and Strong

Opel Insignia ecoFLEX: Green and Strong

The new Opel Insignia ecoFLEX combines the best of both worlds: It offers low emissions and fuel consumption without compromising on performance or driving dynamic. While it only consumes 5.2 liter of diesel per 100 km - equivalent to 136 g/km of CO2 emissions - it delivers 118 kW/160 hp and a up to 380 Nm of torque. T ... Continue reading

Nissan Joins What Car? / Low Carbon Vehicle Partnership / Revolve Green Car Day In London

Nissan Joins What Car? / Low Carbon Vehicle Partnership / Revolve Green Car Day In London

Passionate about Zero Emission Mobility? Nissan is - and to prove it we are proudly lending our support to the What Car? / Low Carbon Vehicle Partnership / REVOLVE &#8216;green&#8217; car day at City Hall, Central London on 8 June, with a display of the Nissan X-Trail Fuel Cell Vehicle (FCV). ... Continue reading

Torque PR Revs Up New Automotive PR Service

Torque PR Revs Up New Automotive PR Service

The wraps have come off a new automotive PR agency this week, as Torque PR is launched officially by its directors, Peter Haynes and Phil Hale. ... Continue reading

Lexus Breaks Own Record: Wins JD Power For Ninth Straight Year

Lexus Breaks Own Record: Wins JD Power For Ninth Straight Year

WHAT CAR? magazine today announced the results of the 2009 JD power customer satisfaction awards, revealing a ninth straight win for Lexus. Since 2001, when Lexus was first eligible for consideration, it has never been beaten. ... Continue reading

Rugby Stars Join the Mazda Blenheim Triathlon

Rugby Stars Join the Mazda Blenheim Triathlon

Worcester Warriors RFC players will be looking to kick Oxford University RFC in to touch at this weekend's Mazda Blenheim Triathlon when both sets of rugby union players take on the Team Relay in search of Saturday afternoon bragging rights. On Sunday the highly-rated Jonathan Brownlee will be one of the many elite run ... Continue reading

John Surtees Drives All-Electric C1 ev'ie To Meet The Mayor

John Surtees Drives All-Electric C1 ev'ie To Meet The Mayor

The Electric Car Corporation's all-electric Citroën conversion, the C1 ev'ie, is to take part in the 2009 Brighton-London Eco-rally. The event, which is being held on Monday 8th June, will see a parade of environmentally conscious vehicles take to the streets with the finishing line at London's City Hall. Mayor Boris ... Continue reading

GM Reaches Saturn Sale Agreement With Penske Says WSJ

GM Reaches Saturn Sale Agreement With Penske Says WSJ

Detroit Jun 5, 2009; Esha Dey writing for Reuters reported that General Motors Corp (GM.N) (GMGMQ.PK) has reached a preliminary deal to sell its Saturn distribution network to the No. 2 U.S. dealership group Penske Automotive Group (PAG.N), the Wall Street Journal said, citing people familiar with the matter. GM and Pe ... Continue reading

Motorists Look to Alternative Fuels As Petrol Prices Top £1 Barrier

Motorists Look to Alternative Fuels As Petrol Prices Top £1 Barrier

An increasing number of British motorists are opting out of the volatile petrol car market, according to the latest LPG (liquid petroleum gas) vehicle sales figures from Proton. The only manufacturer in the UK market to offer an LPG ready car at no extra conversion cost to the motorist, Proton has seen a 375% uplift in ... Continue reading

Hertz Refreshes Green Collection to Meet Customer Demand for Eco Rentals

Hertz Refreshes Green Collection to Meet Customer Demand for Eco Rentals

LONDON, June 5 -- - Stringent CO2 Emissions Policy Introduced for Green Cars Which are Make and Model Reservable, an Industry First To coincide with World Environment Day, the UN's annual drive to raise global awareness of the environment, Hertz today announced the re-launch of its flagship Green Collection in Europe, ... Continue reading

Jaguar XF Offers Best Residual Value

Jaguar XF Offers Best Residual Value

Industry experts predict that the Jaguar XF will be worth more than any of its competitors in the years to come. EurotaxGlass's publish the car industry's residual value bible - the Glass's Guide - used by the trade to value cars of all ages. Their experts predict that a Jaguar XF will be worth 18 per cent more than th ... Continue reading

Infiniti G37 Convertible - Speed Seduction

Infiniti G37 Convertible - Speed Seduction

Infiniti, the luxury car company from Japan, has released final European specifications for the G37 Convertible, arguably the brand's most seductive design yet. Offered in a choice of two comprehensively equipped models, both featuring a metal three-piece folding roof, the G37 Convertible has been designed without comp ... Continue reading

Scrappage Scheme Makes Daihatsu Sirion Amazing Value

Scrappage Scheme Makes Daihatsu Sirion Amazing Value

Daihatsu's class-beating, budget-busting Sirion just got even better - with the new £2000 'Scrappage allowance' meaning prices start at just £6,320 for the economical, practical and stylish entry-level Sirion 1.0; making it the perfect car for the current economic climate: lean and green, yet fun too. ... Continue reading

Chevrolet UK Sales Spring Forward Yet Again!

Chevrolet UK Sales Spring Forward Yet Again!

Spring was definitely in the air at Chevrolet retailers throughout May, as customers' increasing demands for great value for money without compromise led to yet another impressive increase in sales. ... Continue reading

Infiniti Announces Pricing on All-New 2009 G37 Convertible

Infiniti Announces Pricing on All-New 2009 G37 Convertible

FRANKLIN, Tenn., June 5 -- Infiniti has announced pricing on the newest addition to the Infiniti lineup, all-new G37 Convertible, which is scheduled to go on sale June 19th at Infiniti retailers nationwide. The Manufacturer's Suggested Retail Price (MSRP) is $43,850 for the G37 Convertible and $43,900 for the G37 Conve ... Continue reading

Ford Scrappage Deals Bolster May Sales

Ford Scrappage Deals Bolster May Sales

Market leader Ford saw sales of its small car range climb in May, returning to levels of a year ago. ... Continue reading

2010 Specification Renault Koleos on Sale Now int he UK

2010 Specification Renault Koleos on Sale Now int he UK

Renault has released specification improvements for Koleos. Launched last year and with sales of over 2,000 so far this year, Koleos continues to boast MPV levels of comfort and interior space combined with robust exterior styling and genuine off-road ability. With specification improvements, Koleos' class-leading stan ... Continue reading

Renault Celebrates Espace Silver Jubilee - Spanning Four Generations of the First MPV

Renault Celebrates Espace Silver Jubilee - Spanning Four Generations of the First MPV

Summer marks the twenty-fifth anniversary of the Renault Espace first going on sale. Sales of the groundbreaking vehicle, which started the MPV revolution back in the early Eighties and has had four distinct generations, have now reached almost 1.2 million since its launch in 1984, 80,000 of which are in the UK. ... Continue reading

"Mitsubishi Motors Group Environmental Vision 2020" Roadmap Announced

"Mitsubishi Motors Group Environmental Vision 2020" Roadmap Announced

Looking ahead to year 2020, the 50th anniversary of the establishment of the company, Mitsubishi Motors Corporation (MMC) today announced the "Mitsubishi Motors Group Environmental Vision 2020" roadmap for its near-future environmental policy that maximizes the benefits offered by the EV to Leading the EV era, towards ... Continue reading

Automotive Battery Industry Growing, Germany a Key Driver

Automotive Battery Industry Growing, Germany a Key Driver

BERLIN, June 5 -- The automotive battery industry is growing at a rapid rate despite the economic crisis. The increased focus on hybrid and electric vehicles has led to battery innovation and market growth. With heavy investment in research and development, Germany is positioned to be a global leader in this market seg ... Continue reading

Publicis Groupe to Comment on its Exposure to GM's Bankrupty

Publicis Groupe to Comment on its Exposure to GM's Bankrupty

PARIS, June 4 -- General Motors, Monday June 1st, filed a petition for protection under Chapter 11 with the U.S. Bankruptcy Court in order to restructure its business. The premise of GM's restructuring plan is the sale of its businesses to a new company free from many of GM's legacy obligations. GM asked the bankruptcy ... Continue reading

Porsche Asks German Government for 1.75 Billion Euro Loan

Porsche Asks German Government for 1.75 Billion Euro Loan

By Henny Hemmes Senior European Editor Amstrerdam Bureau The Auto Channel THE HAGUE, June 4, 2009. Wednesday, sports car manufacturer Porsche confirmed that it has asked the German government for a 1.85b euro (approx. $ 2.5b) loan. The money could come from the state program of some 100 billion euro to help companies t ... Continue reading

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