GMAC Statement on Bankruptcy Court Approval of Sale of Assets by GM
DETROIT, July 6 -- GMAC Financial Services has been notified that the U.S. Bankruptcy Court has approved the sale of assets of General Motors Corporation to an entity sponsored by the U.S. Treasury. In conjunction with the closing of the sale, the contracts GM has with GMAC will be transferred to the new GM entity. GMA ... Continue reading
Genuine Parts Company Announces New President U.S. Automotive Parts Group
ATLANTA, July 6 -- Tom Gallagher, Chairman, President and CEO of Genuine Parts Company , announced today that Paul D. Donahue has been named President of the U.S. Automotive Parts Group effective immediately. Mr. Donahue was previously responsible for several of the Company's automotive business units, a role he assume ... Continue reading
IndyCar Series Notes - July 6, 2009
Dale Coyne revels in first victory: Seneca Lodge patrons put down their salad forks and Labatt's Blue bottles to applaud when Dale Coyne and his wife, Gail, walked through the door with the winner's laurel from the Camping World Grand Prix at The Glen. It's certainly well-deserved and well overdue. Dale Coyne Racing re ... Continue reading
Porsche Selects Monterey Car Festivities to Unveil New Panamera in North America - VIDEO ENHANCED
Highly Anticipated Four-Door Gran Turismo Debuts Amidst America's Most Prestigious Celebration of the Automobile ATLANTA, July 6 -- Porsche announced it will show its all-new Panamera Gran Turismo to the North American public for the first time during Monterey Peninsula's Classic Car Week (August 9-16) that includes th ... Continue reading
Yokohama's Dan Guiney Appointed to Tire Society Advisory Board
FULLERTON, July 6, 2009: Dan Guiney, Yokohama Tire Corporationâs director of technical services, has been appointed a member of the Tire Societyâs advisory board. âThe Tire Society is a 29-year-old organization thatâs widely respected within the tire industry for its high-level technical and scienti ... Continue reading
Summerton Reunites With Newman-Wachs Racing
Mundelein, July 6, 2009: Newman Wachs Racing announces today the return of Jonathan Summerton to their Atlantic Championship operation for the remainder of the 2009 season. Summerton, who drove for NWR in 2008, finished 3rd in the Championship after claiming two wins for the team (Edmonton and Road America) in addition ... Continue reading
Pedrosa holds off Rossi for first Honda victory of season; Hayden strong fifth
INDIANAPOLIS, July 6, 2009: In an event that featured a bit of everything, it was only fitting that Dani Pedrosa broke into the winnerâs circle for the first time in 13 months. Pedrosa edged 2008 Red Bull Indianapolis GP winner Valentino Rossi by .344 of a second to win the Red Bull U.S. Grand Prix on July 5 at Ma ... Continue reading
Jeg Coughlin Jr / Pre-race Notes
Morrison, July 10-12, 2009: Jeg Coughlin enters this weekendâs NHRA Mopar Mile-High Nationals in Denver as the top ranked Pro Stock driver in the NHRA Full Throttle Drag Racing Series. He has claimed five wins in 12 events this season and currently enjoys a 68-point lead over second place Mike Edwards. Following l ... Continue reading
World Challenge from Mosport Airs Tuesday on SPEED
TOPEKA, July 6, 2009: The SCCA Pro Racing SPEED World Challenge Championships are back in one spot, as Round Four for both the GT and Touring Car classes take place at the daunting Mosport International Raceway. Both races are set to air on SPEED, Tuesday, July 7, at 2 p.m. (EDT). First up is the second part of a World ... Continue reading
Renault Z.E. (Zero Emission) Concept Shocks Goodwood Festival of Speed - VIDEO ENHANCED
GOODWOOD, England - July 6, 2009: While a succession of high-powered Renault race cars thrilled the vast, 135,000-strong crowd at Silverstone during the World Series by Renault weekend, the second largest motorsport event in the UK, a futuristic electric car was generating quite a buzz of its own at the Goodwood Festiv ... Continue reading
Ford Ka Soundtrack Released by Popular Demand
After requests by thousands of viewers, Universal Records, in collaboration with Ford is releasing the exclusive music track composed for its recent Ka European TV campaign. ... Continue reading
Production Milestone for Mitsubishi Motors
Just a year after celebrating its 40th anniversary, the plant known today as 'NedCar' celebrates another milestone with the 1,000,000th Mitsubishi car, a Colt ClearTec, to roll off the line in a facility with less waste, reduced emissions and a cleaner environment. ... Continue reading
TECHART Launches Performance and Styling Upgrades for Porsche Cayenne Diesel
Combining low CO2 and low running costs with style and high performance, for new and existing vehicles OXFORDSHIRE, England - July 6, 2009: A range of tuning and styling options for the Cayenne Diesel has been introduced by TECHART, the German Porsche tuning company renowned for creating some of the worldâs finest ... Continue reading
SCOTTSDALE, Ariz.--ECOtality, Inc. (OTCBB: ETLY), a leader in clean electric transportation and storage technologies, today announced it has signed a letter of intent to enter into a joint venture with Shenzhen Goch Investment, Ltd., that will provide $15 million to establish manufacturing and distribution operations f ... Continue reading
BURTONSVILLE, Md.--New Energy Technologies, Inc. (Symbol: NENE), a next-generation alternative and renewable energy developer, today announced that engineers have completed development of the Companyâs newest MotionPower⢠prototype for generating electricity from the movement of cars and light trucks, and wil ... Continue reading
Ssangyong Bucks Sales Trend For Third Consecutive Month
For the third month in succession, SsangYong bucked the downturn in the UK car market in June with a sales increase over the same month last year of 136.17 per cent. ... Continue reading
Ford Year-on-Year Sales Up for First Time in 11 Months
Ford new car sales last month beat those of a year ago - signalling the positive impact of the Government's scrappage scheme and the appeal of the UK market leader's latest model range. ... Continue reading
Warm Weather Tempts Car Thieves; H.E.A.T. Provides Drivers With Safety Tips
LIVONIA, Mich., July 6 -- H.E.A.T. (Help Eliminate Auto Thefts) warns Michigan residents to stay alert this summer as warm weather months often lead to carelessness among car owners, giving thieves easy access to personal property and vehicles. July is National Vehicle Theft Prevention Month and the Auto Theft Preventi ... Continue reading
Citroën has introduced the new Berlingo XTR+, with enhanced off-road capability - the only vehicle of its type in this sector of the market. With the launch of the Berlingo XTR+, the award winning Berlingo range further reinforces its credentials as the most versatile light van available in the UK offering, even befor ... Continue reading
MSNBC's Cars that will Likely Set the Pace in 2014
Washington DC July 6, 2009; The AIADA newsletter reported that everybody knows the auto world has shifted. MSNBC reports that the trick is divining which brands have got the gumption to last. With President Obama's new efficiency standards requiring a fleet-wide fuel economy average of 35.5 miles per gallon, automakers ... Continue reading
Third Monthly Sales Increase for Chevrolet!
Great value for money and stylish design needn't be expensive, as thousands of new car buyers have found out by turning to Chevrolet - a brand which has completed a hat-trick of monthly sales increases. ... Continue reading
The Success Story Continues: Mini Makes 1.5 Million
Just weeks after celebrating MINI's 50th birthday, another milestone was reached today as the 1.5 millionth car rolled off Plant Oxford's production line, since the launch of the new MINI in 2001. ... Continue reading
Audi Celebrates Centenary in Style At Goodwood Festival
Audi demonstrated 'Vorsprung durch Technik' in spectacular fashion at the Goodwood Festival of Speed last weekend (3-5 July). ... Continue reading
Women Show More Interest in Hybrid Technology
While German motorists still nourish a favorable view of eco-friendly hybrid drives, their thinking is influenced by the current economic situation. 28.4% can, in principle, see themselves opting for a vehicle with hybrid drive. Car buyers expect more in the way of a low purchase price and a higher savings potential, t ... Continue reading
Seat Increases World Deliveries by 0.7% in June
The Spanish car manufacturer SEAT posted an increase in its world retails sales in June; the almost 36,000 units sold show a 0.7% increase over the same period last year. ... Continue reading
Best First Half-Year in Company History For Deliveries in China
AUDI AG has had its best half-year ever in China (including Hong Kong), with 66,866 cars delivered between January and June - up 11 percent compared with the first half of 2008. The market leader in the Chinese premium segment set a new sales record in June with 13,265 cars sold, an increase of 28 percent. ... Continue reading
Fiat's Baby Cuddles a Panda in Cannes
Not content with winning awards for itself, the Fiat 500 has now started winning awards for its advertising with Fiat's baby collecting two Gold Lions in the Cannes International Advertising Festival for an innovative advertisement that replaces crash test dummies with endangered species, including a Panda. ... Continue reading
Aussie Designer Andy has California on His Mind
Employed by Nissan Design America (NDA) and based in San Diego, California, the former Victorian is responsible for ensuring the quality of NDA's concept car build and presentation at auto shows around the world. ... Continue reading
World Green Car Confirmed for Australia
BMW's EfficientDynamics onslaught, which recently saw the arrival of 26 new and updated models, is far from over. The German luxury maker has now confirmed its World Green Car of the Year winner will go on sale in Australia. ... Continue reading
Hyundai Records Keep Falling as Sales Keep Rising
Hyundai Motor Company Australia's dynamic and customer focussed Dealer network has once again achieved an outstanding sales result, producing HMCA's best ever monthly sales result; selling 7,862 vehicles and achieving a 7.6% market share. ... Continue reading
GM Asset Sale Approved by U.S. Bankruptcy Court
Approval marks another step toward the launch of an independent new GM NEW YORK - July 6, 2009: General Motors achieved another milestone in its reinvention last night when Judge Robert E. Gerber of the U.S. Bankruptcy Court for the Southern District of New York approved the sale of substantially all of General Motors ... Continue reading
Mazda Organizational and Personnel Changes
Tokyo, July 1, 2009 - (JCN Newswire) - Mazda Motor Corporation has announced the following organizational and personnel changes, effective July 1, 2009.1. Organizational Changes(1) Changes in the area of R&D technical administrationGoals- To consolidate planning functions related to R&D operations and enable more strat ... Continue reading
Formation of New Chrysler Group Board Is Completed
Nine-Member Board Brings Wide-Ranging Experience and Skills to Board's Mission to Advance Chrysler's Future Viability AUBURN HILL, MI - July 6, 2009: Chrysler Group LLC announced the appointment of additional members to its Board of Directors on Sunday, completing the nine-member Board that will provide oversight to th ... Continue reading
New Toyota Prius Doubles Japan Sales
Toyota Prius doubles Japan sales in June to remain top-selling car for second month in a row Buzz up! 0 Print TOKYO July 6, 2009; The AP reported that Toyota's Prius hybrid , already Japan's highest-selling car -- more than doubled its sales in June to claim the top spot for a second month, reflecting government tax br ... Continue reading
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