"Cash For Clunkers" Could Lead to Genital Herpes, Frog Infestation and Alien Invasion
By Marc J. Rauch Exec. Vice President/Co-Publisher THE AUTO CHANNEL By Marc J. Rauch Exec. Vice President/Co-Publisher THE AUTO CHANNEL Since the Senate passed their portion of the new bill yesterday evening to extend the "Cash For Clunkers," we have received a slough of absurd stories and press releases from a variety ... Continue reading
AUTO CENTRAL - August 6, 2009: Shortly after the Senate's passage of the bill that will extend the Cash For Clunkers program by an additional $2 billion dollars, Edmunds.com' CEO Jeremy Anwyl issued a statement saying that he thinks that the ...... But, according to Marc J. Rauch, The Auto Channel's Co-Founder and Exec ... Continue reading
Additional $2 Billion for "Cash for Clunkers" Mistimed, Says Edmunds.com
SANTA MONICA, Calif.--The Senate today approved an additional $2 billion dollars to help fund the "Cash for Clunkers" program which allows consumers to scrap their older, less fuel-efficient vehicles and collect up to $4,500 toward the purchase of a new, more fuel-efficient vehicle. The Senate approved the vote 60-37. ... Continue reading
Lopsided Award Against Ford, $8M Is Upheld
Lawyer implored jurors to base their award on 'human decency' EDISON, N.J., Aug. 7 -- An appeals court last week upheld a product liability verdict against Ford Motor Co. for $8 million in compensatory damages and $42,050 in punitive damages, despite the plaintiff's contention that the award was lopsided because Ford's ... Continue reading
Summerton Shatters Mid-Ohio Track Record En Route to Third Pole of Season
LEXINGTON, August 7, 2009: Prior to qualifying for the first Cooper Tires Presents The Atlantic Championship Powered by Mazda race at Mid-Ohio Sports Car Course in six years, easily the most popular question in the paddock was âWhat will the Atlantic lap times be?â Jonathan Summerton answered that question re ... Continue reading
Dixon Paces Opening Day At Mid-Ohio
LEXINGTON, Aug. 7, 2009: Two-time IndyCar Series champion Scott Dixon topped a 60-minute practice session as IndyCar Series teams began preparations for the Honda Indy 200 at Mid-Ohio presented by Westfield Insurance at Mid-Ohio Sports Car Course. Dixon recorded a lap of 1:08.2298 (119.139 mph) in his No. 9 Target Chip ... Continue reading
Davis Scores Third World Challenge GT Pole of Season at Mid-Ohio
LEXINGTON, Aug. 7, 2009: Brandon Davis, of Huntington Beach, Calif., captured his third SCCA Pro Racing SPEED World Challenge GT pole position of 2009 today for Sundayâs Toyo Tires World Challenge Mid-Ohio Grand Prix Presented by Dish Network at Mid-Ohio Sports Car Course. Andy Pilgrim, of Boca Raton, Fla., comple ... Continue reading
Lexington, August 7, 2009: It was a picture-perfect day for Newman Wachs Racing at the Mid-Ohio Sports Car Course as qualification for round eight of the Atlantic Championship took place this afternoon. NWR drivers Jonathan Summerton and John Edwards ended up on top of the charts in a show-stopping performance down to ... Continue reading
IndyCar Series Qualifying - Mid-Ohio - August 7, 2009
LEXINGTON, Ohio - Practice Friday for the Honda Indy 200 at Mid-Ohio IndyCar Series event on the 2.258-mile Mid-Ohio Sports Car Course, with position, car number in parentheses, driver, chassis-engine, time and speed in parentheses: 1. (9) Scott Dixon, Dallara-Honda, 1:08.2298 (119.139) 2. (18) Justin Wilson, Dallara-H ... Continue reading
Cash for Clunkers Could Lead to Government Bulldozing Homes
FORT LEE, N.J., Aug. 7 -- The National Inflation Association today released the following statement to its http://inflation.us/ members: "The United States government's "cash for clunkers" program, which was just expanded by $2 billion on Thursday, exemplifies the stupidity of politicians in Washington today. It's insa ... Continue reading
Pelosi Statement on President Obama Signing Cash for Clunkers Extension
WASHINGTON, Aug. 7 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi issued the following statement today after President Obama signed into law legislation to extend the highly successful Cash For Clunkers initiative with an additional $2 billion in funding: "Today, by signing the Cash for Clunkers legislation that passe ... Continue reading
De Ferran Stepping Out Of Cockpit At End Of 2009
American Le Mans Series team owner/driver Gil de Ferran, a two-time CART champion and 2003 Indianapolis 500 winner, announced Friday that he will step away from the cockpit at the completion of the 2009 American Le Mans Series season to focus on his role as President of de Ferran Motorsports (DFM), the team he formed i ... Continue reading
"Cash for Clunkers" Deal is Peanuts Compared to Good Ol' Vehicle Maintenance
BETHESDA, Md., Aug. 7 /PRNewswire-USNewswire/ -- Routine vehicle maintenance for an entire year costs a consumer less than a single monthly new car payment and would be significantly more successful in reducing gasoline use and pollution than the "Cash for Clunkers" program, according to the Automotive Aftermarket Indu ... Continue reading
Pilgrim Leads Second SPEED GT Practice at Mid-Ohio
LEXINGTON, Ohio (Aug. 7, 2009) â Andy Pilgrim, of Boca Raton, Fla., was fastest in the final practice session before Friday eveningâs SCCA Pro Racing SPEED World Challenge GT qualifying session for the Toyo Tires World Challenge Mid-Ohio Grand Prix Presented by Dish Network. Tony Rivera, of Missouri City, Tex ... Continue reading
Cunningham Quickest in Second SPEED TC Practice at Mid-Ohio
LEXINGTON, Aug. 7, 2009: Peter Cunningham, of Milwaukee, Wis., set the quickest lap in final practice for Round Seven of the SCCA Pro Racing SPEED World Challenge Touring Car Championship. Teammate Eric Foss and Jason Saini, both of Fort Worth, Texas, completed the top three, in preparation for Sundayâs Toyo Tires ... Continue reading
Tesla Motors Attains Profitability Milestone
SAN CARLOS, Calif.--Tesla Motors attained a significant milestone in July when it achieved overall corporate profitability with approximately $1 million of earnings on revenue of $20 million. Tesla reached overall corporate profitability while continuing to develop the all-electric Model S sedan and opening regional sa ... Continue reading
New Porsche 911 Turbo making its Debut at the Frankfurt Motor Show - GREAT VIDEO
STUTTGART - August 7, 2009: Porsche is proudly presenting a new top model at the pinnacle of its broad range of production sports cars: The new Porsche 911 Turbo combines far-reaching innovations in technology with fine tuning and su-preme refinement in design. All key features of this high-performance sports car have ... Continue reading
Hornish's Goal: Brickyard 400 And Daytona 500 Wins
INDIANAPOLIS, Aug. 7, 2009: Sam Hornish Jr. experienced plenty of frustration and low points during his first six years of racing at Indianapolis Motor Speedway. Despite racing for two of the IndyCar Seriesâ top teams â Panther Racing and Team Penske â for five of those years, Hornish finished the Indian ... Continue reading
Unlimited Mileage Warranty Makes Crafter Tough to Beat
To offer fleet and high mileage customers even better support and value for money, Volkswagen Commercial Vehicles has enhanced the three year warranty for its Crafter, the biggest van in its range, to an unlimited mileage warranty as standard. ... Continue reading
Nissan Teams up With Sky Motoring as Qashqai+2 Helps to Find Britain's Coolest Dad
Nissan has today announced a partnership with Sky Motoring to create a bespoke microsite showcasing the Qashqai+2's search for Britain's Coolest Dad. With a top prize that will see the winning father taking his family on an adventure around Barcelona in a British built Qashqai+2, the competition will be launched on Mon ... Continue reading
Tata Motors July Sales at 48,054 nos., Growth of 18%
Tata Motors’ total sales (including exports) of Tata commercial and passenger vehicles in July 2009 were 48,054 vehicles, a growth of 18% over 40,729 vehicles sold in July 2008. The company's domestic sales of Tata commercial and passenger vehicles for July 2009 were 45,599 nos., a 23% growth over 37,033 nos. sol ... Continue reading
Ford Encourages Suppliers to Turn Industry Crisis Into an Opportunity for Restructuring
TRAVERSE CITY, Mich., Aug. 7 -- -- Ford urges suppliers to re-examine their product portfolios, financial structure and manufacturing operations to create a more healthy business model -- Ford is committed to supporting its long-term suppliers as they pursue restructuring actions -- Ford has accelerated its supplier co ... Continue reading
Darlington Slashes Ticket Prices
DARLINGTON, Aug. 7, 2009: Ticket renewals for the 2010 Southern 500 are underway with prices reduced in nearly every grandstand making it more affordable than ever to attend the NASCAR Sprint Cup Series race at the track âToo Tough to Tame.â âWe are always looking at ways to make attending a race at Darl ... Continue reading
T.J. Coughlin searching for big payday, first career win in Michigan
STANTON, Aug. 7, 2009: Third-generation drag racer Troy Coughlin Jr. hopes to drive his famous uncle John Coughlin's championship-winning JEGS.com Dragster to his first career victory this weekend at the 16th annual Huntsville Engine and Performance World Super Pro Challenge at Mid Michigan Motorplex. Coughlin, known a ... Continue reading
Wittmer Leads Opening World Challenge TC Practice at Mid-Ohio
LEXINGTON, Aug. 7, 2009: Defending race winner Kuno Wittmer, of Montreal, Quebec, led the SCCA Pro Racing SPEED World Challenge Touring Cars Friday in morning practice for Sundayâs Toyo Tires World Challenge Mid-Ohio Grand Prix Presented by Dish Network Round Seven race. Peter Cunningham, of Milwaukee, Wis., and E ... Continue reading
Infiniti, the luxury automotive brand from Japan, has launched its first global web portal, Infiniti.com. ... Continue reading
WEST SACRAMENTO, CA - August 5, 2009: Founded by self-described "everyday person" Diana Morgan, DMC Green unveiled their newest "green fuels" filling in conjunction with an existing gasoline station in West Sacramento. is in the business of the research, development and installation of proprietary alternative/renewable ... Continue reading
In Case You Missed It: Steve Arpin Returns to Venturini Motorsports Power Hour
Indianapolis. August 7, 2009: ARCA Re/Max Driver Steve ArpinThursday night, Steve Arpin made it "two-in-a-row" as he headlines this week's edition of the "Venturini Motorsports Power Hour". Following his debut for the team at Pocono last weekend, Arpin tells all about his first several days in the shop, racing Parker K ... Continue reading
BMW Group with 109,923 deliveries in July
The BMW Group's sales were once again impacted by weak economic conditions on the international markets - as was the entire automobile industry. In the past month the company delivered 109,923 (prev.yr. 125,792 / -12.6%) BMW, MINI and Rolls-Royce brand automobiles worldwide. As such, the decrease in sales volumes was a ... Continue reading
Mercedes-Benz Cars Sells 93,900 Passenger Vehicles in July - New E-Class Successfully Launched
As a result, Mercedes-Benz Cars was able to improve sales compared to the first few months of the year, despite the fact that the market environment remains challenging. Factors that contributed to this development were the stabilization of sales in Germany and other key Western European markets, the positive developme ... Continue reading
Audi Jumps on the Clunkers Bandwagon
Washington DC August 7, 2009; The AIADA newsletter reported that with sales skyrocketing in July to almost pre-crash levels for many carmakers – and beyond for a few – it's no surprise that Audi's joining the fray today with its own $1,000 incentive on top of the federally-funded CARS program for its qualifying mod ... Continue reading
Arden Jaguar XKR 5.0L Convertible
As part of the Oldtimer Grand Prix taking place at Nürburgring, Arden is putting the new Jaguar XKR 5.0L on show. ... Continue reading
Detroit August 7, 2009; Consumers have already cast their vote and the CARS program is a clear winner. Our Customers and Dealers appreciate Congress' help in keeping the program's momentum going and providing the stimulus to put more clean, fuel efficient vehicles on the road. CARS is one program that has given consume ... Continue reading
New Buick Crossover Will Feature Plug-In Hybrid System
TRAVERSE CITY, Mich. August 7, 2009; General Motors' plug-in hybrid technology will be introduced in a new Buick crossover vehicle in 2011, Tom Stephens, GM vice chairman of product development, announced here today during the Management Briefing Seminars. The yet-to-be-named Buick crossover will launch in late 2010 of ... Continue reading
PetroChina, Shell, Qatar to build Taizhou refinery
PetroChina, Shell, Qatar to build Taizhou refinery http://autonews.gasgoo.com/auto-news/1011650/PetroChina-Shell-Qatar-to- build -Taizhou-refinery.html Shanghai, August 7 (Gasgoo.com) China's largest oil producer PetroChina is partnering with Royal Dutch Shell and Qatar to build an 80 billion yuan ($11.71 bln) refining ... Continue reading
PROVO, Utah--Raser Technologies, Inc. announced today it will exhibit its 100-mpg extended-range electric Hummer H3E in Booth 401 at the Plug-In 2009 Conference. The event will be held August 10-12 at the Long Beach Convention Center, Long Beach, Calif. Raser Vice President David West will speak at the convention on â ... Continue reading
New Flagship 2010 Porsche 911 Turbo to Debut at Frankfurt Motor Show
Porsche continues to create more from less; greater driving dynamics, lower fuel consumption ATLANTA, Aug. 7 -- Porsche has traditionally put great emphasis on the efficiency of its cars, but the new flagship 911 will give a whole new meaning to its high performance label: while its acceleration, braking and handling c ... Continue reading
Intelligent Power Boosts Performance And Efficiency of Next Generation Porsche 911 Turbo
Porsche is proud to present a new top model at the pinnacle of its broad range of production sports cars; the next generation 911 Turbo ... Continue reading
It's Not All About Scrappage - Mitsubishi Sales Recover Whilst Scrappage Registrations Decline
Mitsubishi Motors in the UK has seen its registrations take it into the top ten of retail sales improvements in July - and importantly for the brand and the profitability of its dealers, it's not down to the government's scrappage incentive scheme. ... Continue reading
Dealers Lag Behind On Ecommerce, Missing Out On Vital Aftersales Income
The vast majority of the UK's car dealers are missing out on valuable aftersales income by failing to offer an effective aftersales ecommerce facility on their websites. According to G-Forces, the UK's leading specialist automotive web management firm, only 16 per cent of the UK's top 200 dealers have websites that fea ... Continue reading
Fiat 500 Scoops Another Major Industry Honour
Fiat has just picked up another important industry award for its iconic 500 hatchback, adding to its tally of 30 international awards received to date. ... Continue reading
Alcoa has extended the range of lightweight wheel forgings supplied to Solomon Alsberg for their exclusive high-performance alloy wheels. The aerospace-derived metallurgy of the Alcoa blanks allows Solomon Alsberg to create a wide range of ultra-stylish wheels that improve vehicle performance and dynamics as well as re ... Continue reading
Quirky Citroens to Sell Unreserved at Shannons
Three Citroëns spanning five decades will be going under the hammer with no reserve price at Shannons Melbourne Spring Auction on Monday August 31, giving lovers of the quirky French marquee a unique ownership opportunity. ... Continue reading
Honda Increases Global Vehicle Production
Honda Motor Co. is set to increase global vehicle production levels in response to higher than forecast sales in emerging markets over the past month. ... Continue reading
Mitsubishi's 2010 Triton - More Power, More Safety, and Greater Load Capacity
On the back of unprecedented sales throughout 2009, Mitsubishi Motors Australia Limited (MMAL) has announced details of its 2010 model year Triton utility line-up. The 2010 Triton offers a new, high powered turbo-diesel engine with class leading power, industry-leading safety standards including stability control and s ... Continue reading
Fence-sitters have made `cash for clunkers' a hit
Washington DC August 7, 2009; Dan Strumph writing for the AP reported that the people who have made "cash for clunkers" such a success were fence-sitters â a Virginia family wondering whether to keep pouring money into what they called the "dog car," a Colorado couple hanging on to their Ford in case the children ... Continue reading
Kawasaki JV to Produce General Purpose Gasoline Engines in China
Tokyo, Aug 6, 2009; Kawasaki Heavy Industries has agreed to establish a Chinese joint venture company, Changzhou Kawasaki and Kwang Yang Engine Co., Ltd., for the production and sales of general purpose gasoline engines. The agreement was penned on Aug 3 with Kwang Yang Motor Co., Ltd. (KYMCO) of Taiwan. Kawasaki has b ... Continue reading
Cash for Clunkers Tops $920 Million in Rebates
WASHINGTON, Aug 6, 2009; John Crawley writing for Reuters reported that the U.S. Senate approved and sent to the White House on Thursday a $2 billion extension of the "cash for clunkers" autos sales incentive program. The measure, approved by 60 to 37, extends the successful program that has raised sales of the U.S. au ... Continue reading
Mercedes-Benz Financial Returns to Highest Ranking in Two of Three Segments
Luxury captive ranks highest in Floor Planning and Prime Retail Credit against the backdrop of toughest sales environment in decades FARMINGTON HILLS, Mich., Aug. 6 -- Mercedes-Benz Financial captured the highest satisfaction ranking in two of the three major categories of the just-released J.D. Power and Associates 20 ... Continue reading
Arthur D. Little: Global automobile industry repositioning itself
LONDON--The international automobile industry is facing a huge upheaval. We are currently witnessing a shift in the most important production locations and sales markets to emerging markets. These shifts in emphasis will carry consequences for the entire industry and new global players will emerge. Arthur D. Littleâ ... Continue reading
AIAM Praises Senate Support of Additional Funding for 'Cash for Clunkers'
ARLINGTON, Va., Aug. 6 /PRNewswire-USNewswire/ -- The statement below from Michael J. Stanton, President and CEO of the Association of International Automobile Manufacturers (AIAM), was released following the U.S. Senate's passage of H.R. 3435, a bill making supplemental appropriations available for fiscal year 2009 fo ... Continue reading
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