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August 2009

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Saturday, August 8, 2009

As 'Cash for Clunkers' Ramps Up, New Cars Sell Out - TACH TOLD YOU IT WOULD HAPPEN!

As 'Cash for Clunkers' Ramps Up, New Cars Sell Out - TACH TOLD YOU IT WOULD HAPPEN!

As 'clunkers' program reaches new stage, dealers struggling to keep enough new cars on lots NEW YORK August 8, 2009; Chip Cutter writing for the AP reported that the nation's car dealers have a new worry: they're running out of vehicles. As the "cash-for-clunkers" program reaches its next chapter, and consumers pour in ... Continue reading

Audi Releases 2010 Model Year Pricing

Audi Releases 2010 Model Year Pricing

HERNDON, Va., Aug. 7 -- -- Audi is the first car manufacturer in the U.S. to feature FSI direct injection technology in all of its gasoline engines. -- Innovative 3D navigation with SIRIUS traffic on all models (except A8). -- Two TDI clean diesel models launched within one calendar year in 2009. -- All Audi models hav ... Continue reading

Solid Start but No Happy Ending at The Glen

Solid Start but No Happy Ending at The Glen

Watkins Glen, August 8, 2009: For being the shortest race on the 2009 Grand-Am Rolex Sports Car Series calendar, Friday night’s Crown Royal 200 at The Glen was packed with a season’s worth of drama from beginning to end. But one of the teams that appeared destined for a happy ending during the two-hour event ... Continue reading

De Ferran Claims Mid-Ohio Pole

De Ferran Claims Mid-Ohio Pole

Mid-Ohio August 8, 2009: Gil de Ferran is on the pole at Mid-Ohio Sports Car Course…again. The former CART champion and Indianapolis 500 winner was the fastest qualifier for the second straight year for the Acura Sports Car Challenge in the de Ferran Motorsports entry. De Ferran turned a fastest lap of 1:09.443 (1 ... Continue reading

Krohn Racing Victorious at Crown Royal 200 at Watkins Glen

Krohn Racing Victorious at Crown Royal 200 at Watkins Glen

Watkins Glen, August 8, 2009: Krohn Racing collected their second victory of the 2009 Grand-Am Rolex Sports Car Series season at the Crown Royal 200 race at Watkins Glen International in Watkins Glen, New York. Qualifying driver Nic Jönsson started the No. 76 Krohn Racing Ford Lola from the eighth starting position. J ... Continue reading

GAINSCO stays in the thick of Rolex Series Championship battle just four points out of first

GAINSCO stays in the thick of Rolex Series Championship battle just four points out of first

WATKINS GLEN, August 8, 2009: A caution-filled Crown Royal 200 Friday night at Watkins Glen International saw GAINSCO/Bob Stallings Racing and drivers Alex Gurney and Jon Fogarty work through some complex pit strategies and heavy traffic to take a hard-earned fourth-place finish. It was the fourth straight top-five fin ... Continue reading

Espenlaub Takes Mid-Ohio World Challenge Touring Car Pole

Espenlaub Takes Mid-Ohio World Challenge Touring Car Pole

LEXINGTON, Aug. 8, 2009: Charles Espenlaub, of Lutz, Fla., missed Friday afternoon’s SCCA Pro Racing SPEED World Challenge Touring Car Championship practice at Mid-Ohio Sports Car Course, but proved he was ready for the competition, taking the pole for Sunday’s Toyo Tires Mid-Ohio Grand Prix Presented by Dish ... Continue reading

In Europe, 'Cash for Clunkers' Drives Sales

In Europe, 'Cash for Clunkers' Drives Sales

In Europe, 'cash for clunkers' driving sales - but what happens when the money runs out? BERLIN August 8, 2009; Matt Moore writing for the AP reported that for months, European car buyers have been junking clunkers for cash, boosting automakers sales -- but making experts fear that once the government handouts stop, th ... Continue reading

New Company Formed by the Carlyle Group and Solus Acquires Most of Metaldyne's Assets

New Company Formed by the Carlyle Group and Solus Acquires Most of Metaldyne's Assets

PLYMOUTH, Mich., Aug. 7 -- Metaldyne Corporation announced today the auction of substantially all of their assets concluded yesterday and MD Investors Corporation, having submitted the highest and best bid, was named the successful bidder. Metaldyne also had a hearing at which it sought approval of the sale from the U. ... Continue reading

8.7China bus-maker Yutong to tie up with ArvinMeritor

8.7China bus-maker Yutong to tie up with ArvinMeritor

China bus-maker Yutong to tie up with ArvinMeritor http://autonews.gasgoo.com/auto-news/1011648/China-bus-maker-Yutong-to- tie-u p-with-ArvinMeritor.html Shanghai, August 7 (Gasgoo.com) China's leading bus-maker Yutong Group on Aug. 3 signed a strategic partnership deal with U.S. auto-parts supplier ArvinMeritor Inc, C ... Continue reading

8.7Great Wall Motor to boost small car capacity

8.7Great Wall Motor to boost small car capacity

Great Wall Motor to boost small car capacity http://autonews.gasgoo.com/auto-news/1011647/Great-Wall-Motor-to-boost- small -car-capacity.html Shanghai, August 7 (Gasgoo.com) Chinese automaker Great Wall Motor Co (2333. HK) unveild plans to spend about 8.47 billion yuan ($1.24 bln) to expand its production facility in N ... Continue reading

Air News Brief (HQ): EPA Posts Peer Review of Renewable Fuel Standards Lifecycle Analysis

Air News Brief (HQ): EPA Posts Peer Review of Renewable Fuel Standards Lifecycle Analysis

*CONTACT: *Cathy Milbourn Milbourn.cathy@epa.gov 202-564-7849 202-564-4355 * FOR IMMEDIATE RELEASE *August 7, 2009 * EPA Posts Peer Review of Renewable Fuel Standards Lifecycle Analysis ** WASHINGTON -*The peer review of the renewable fuel standards lifecycle analysis is now available online. In May, Administrator Jack ... Continue reading

Alstom to Overhaul MK Caltrans California Car Fleet

Alstom to Overhaul MK Caltrans California Car Fleet

NEW YORK--Alstom has been selected by Caltrans to renovate all 66 bi-level intercity passenger vehicles from its California car fleet. The Caltrans fleet was manufactured by Morrison Knudsen in Hornell, NY – an Alstom facility since 1998, between 1994 and 1997. The fleet of vehicles is comprised of four distinctive c ... Continue reading

ArvinMeritor Appoints Brett Penzkofer Senior Director of Investor Relations

ArvinMeritor Appoints Brett Penzkofer Senior Director of Investor Relations

TROY, Mich., Aug. 7 -- ArvinMeritor, Inc. today announced that Brett Penzkofer is named senior director of Investor Relations for the company, effective immediately. In this position, Brett is responsible for global investor strategy, which encompasses developing and communicating ArvinMeritor's financial fundamentals ... Continue reading

Audi of America Endorses Haweka Wheel Balancer Tooling

Audi of America Endorses Haweka Wheel Balancer Tooling

FORT WORTH, Texas, Aug. 7 -- This month marks the beginning of a campaign by Audi of America to implement the use of Haweka wheel balancer tooling. The Special Tool and Equipment Program, which is available to all U.S. and Canadian Audi Dealers, will now offer Haweka brand flange plates. According to a service bulletin ... Continue reading

Compliance and Enforcement News Release (HQ): EPA Seeks Public Input on Clean Water Enforcement Action Plan Through Online Forum

Compliance and Enforcement News Release (HQ): EPA Seeks Public Input on Clean Water Enforcement Action Plan Through Online Forum

*CONTACT: *Deb Berlin berlin.deb@epa.gov 202-564-4914 202-564-4355 *FOR IMMEDIATE RELEASE: *August 7, 2009 * EPA Seeks Public Input on Clean Water Enforcement Action Plan Through Online Forum * *WASHINGTON** *- The U.S. Environmental Protection Agency has launched an online discussion forum to receive public input on t ... Continue reading

Daimler Buses North America Receives Major Orders for Hybrid and Diesel Buses

Daimler Buses North America Receives Major Orders for Hybrid and Diesel Buses

GREENSBORO, N.C., Aug. 7 -- Daimler Buses North America is excited to announce the initial order of up to 500 diesel-electric hybrid buses, with options for up to 200 buses, from King County Metro in Seattle, WA. The base, first year order is for 93 hybrid units. This order comes as Daimler Buses - a full-line manufact ... Continue reading

ECOtality CEO Featured on Fox Business Network

ECOtality CEO Featured on Fox Business Network

SCOTTSDALE, Ariz.--ECOtality, Inc. (OTCBB: ETLY), a leader in clean electric transportation and storage technologies, announced that Chief Executive Officer Jonathan Read appeared on FOX Business Network on Thursday, August 6, 2009. Mr. Read discussed the recent $99.8 million grant from the U.S. Department of Energy to ... Continue reading

FinishMaster Announces Second Quarter Financial Results

FinishMaster Announces Second Quarter Financial Results

INDIANAPOLIS--FinishMaster, Inc. (Pink Sheets:FMST) today reported net income for the quarter ended June 30, 2009 of $3,842,000 or $0.49 per diluted share, compared with net income of $5,287,000, or $0.67 per diluted share, in the prior year period. For the six months ended June 30, 2009, net income was $6,304,000, or ... Continue reading

ITW Board Maintains Cash Dividend of $1.24 Per Share on an Annual Basis

ITW Board Maintains Cash Dividend of $1.24 Per Share on an Annual Basis

GLENVIEW, Ill., Aug. 7 -- The board of directors of Illinois Tool Works Inc. today declared a regular quarterly cash dividend of $0.31 cents per share or $1.24 per share on an annual basis. This new dividend payout is consistent with the 2008-2009 dividend payout. The dividend will be paid on Wednesday, October 14, 200 ... Continue reading

J.B. Poindexter & Co., Inc. Announces 2009 Unaudited Earnings and Second Quarter Conference Call

J.B. Poindexter & Co., Inc. Announces 2009 Unaudited Earnings and Second Quarter Conference Call

HOUSTON--J.B. Poindexter & Co., Inc. which owns and operates primarily transportation related manufacturing businesses including Morgan Truck Body, LLC, Morgan Olson LLC, Truck Accessories Group, LLC, and the Specialty Manufacturing Division released unaudited revenues and earnings for the three and six months ended Ju ... Continue reading

Krohn Racing Victorious at Watkins Glen Grand-Am

Krohn Racing Victorious at Watkins Glen Grand-Am

Krohn Racing Victorious at Crown Royal 200 at Watkins Glen Krohn Racing collected their second victory of the 2009 Grand-Am Rolex Sports Car Series season at the Crown Royal 200 race at Watkins Glen International in Watkins Glen, New York. Qualifying driver Nic Jönsson started the No. 76 Krohn Racing Ford Lola from ... Continue reading

Krohn Racing Victorious at Watkins Glen Grand-Am

Krohn Racing Victorious at Watkins Glen Grand-Am

Krohn Racing Victorious at Crown Royal 200 at Watkins Glen Krohn Racing collected their second victory of the 2009 Grand-Am Rolex Sports Car Series season at the Crown Royal 200 race at Watkins Glen International in Watkins Glen, New York. Qualifying driver Nic Jönsson started the No. 76 Krohn Racing Ford Lola from ... Continue reading

LeasePlan USA Introduces New Leasing Option

LeasePlan USA Introduces New Leasing Option

ATLANTA--LeasePlan USA, a leader in vehicle leasing and fleet management solutions, recently introduced an innovative new leasing solution to the U.S. market called PartnerPlan. “In times of economic uncertainty, the last thing companies want to worry about is their fleet budget. PartnerPlan offers relief from those ... Continue reading

Magna announces second quarter and year to date results

Magna announces second quarter and year to date results

AURORA, ON, Aug. 7 -- Magna International Inc. (TSX: MG.A; NYSE: MGA) today reported financial results for the second quarter and six months ended June 30, 2009. ----------------------------------------------------------------------- -- THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, ---------------------- ------ ... Continue reading

Manitex International, Inc. Will Report 2009 Second Quarter Financial Results on August 13, 2009

Manitex International, Inc. Will Report 2009 Second Quarter Financial Results on August 13, 2009

Conference Call Scheduled for 4:30 P.M. ET BRIDGEVIEW, Ill., Aug. 7 -- Manitex International, Inc. , a leading provider of engineered lifting solutions including boom truck cranes, rough terrain forklifts and special mission oriented vehicles, announced today that management will announce its 2009 second quarter financ ... Continue reading

Media Release from RCR/GGRT #21 team

Media Release from RCR/GGRT #21 team

PRESS RELEASE - GGRT, SAN FRANCISCO, CA. FOR IMMEDIATE RELEASE, AUGUST 7, 2009 TEAM WEBSITE/CONTACT: Jim Offenbach, www.goldengateracingteam.com GGRT MEDIA CONTACT: Bill Sullivan,  sullivanimages@sbcglobal.net  A Richard Childress Development NASCAR Team   Richard Childress (left) joins team owner Jim Offenbach ... Continue reading

Michigan Governor Jennifer Granholm Visits Johnson Controls Technical Center in Holland, Michigan

Michigan Governor Jennifer Granholm Visits Johnson Controls Technical Center in Holland, Michigan

Governor celebrates new advanced battery facility that will bring 550 jobs to Holland HOLLAND, Mich., Aug. 7 -- Michigan Governor Jennifer Granholm today visited the Johnson Controls Technical Center in Holland, Michigan, in recognition of this week's Department of Energy announcement that Johnson Controls was awarded ... Continue reading

Miller Barrett Racing - Watkins Glen race

Miller Barrett Racing - Watkins Glen race

Miller Barrett Racing led the GT class during the Grand-Am Rolex Sports Car Series race at Watkins Glen International on Friday evening, but a hit from a Daytona Prototype car took the rookie team out of its first race. Bryce Miller of Summit, N.J., and Kevin Roush of Upland, Calif., combined for a strong start in the ... Continue reading

NASTF Announces Fall Meeting Date

NASTF Announces Fall Meeting Date

LEESBURG, Va., Aug. 7 /PRNewswire-USNewswire/ -- The National Automotive Service Task Force (NASTF) has announced the date and location of the Fall General meeting, which will be held on Tuesday, November 3, 2009 at 1:30 p.m. at the Mandalay Bay, in Las Vegas, Nevada, just prior to the International Autobody Congress a ... Continue reading

Patrick Sheltra Feeling Road Course Savvy Following Test

Patrick Sheltra Feeling Road Course Savvy Following Test

Patrick Sheltra Feeling Road Course Savvy Following Test WHITESVILLE, Kentucky (August 7, 2009) - - With an aggressive six-race schedule quickly approaching for the ARCA RE/MAX Series, veteran driver Patrick Sheltra and his Whitesville, Kentucky based Sheltra Motorsports team took advantage of a little downtime to test ... Continue reading

Quintin Crye Racing signs agreement with LegalZoom.com

Quintin Crye Racing signs agreement with LegalZoom.com

FOR IMMEDIATE RELEASE  Quintin Crye Racing signs agreement with LegalZoom.com  Gridley, Calif. – 21 year-old NASCAR Whelen All-American Series rookie Quintin Crye is proud to announce a sponsorship with LegalZoom.com that includes the August 15 race at All American Speedway in Roseville, Calif.  Crye, who ... Continue reading

Racing Back to Their Roots: A Greg Anderson & Jason Line Brainerd Q&A

Racing Back to Their Roots: A Greg Anderson & Jason Line Brainerd Q&A

Contact: Jon Knapp Summit Racing PR Ph: 704.662.3121 J2Racing@aol.com   Racing Back to their Roots: Greg Anderson & Jason Line Q&A  Mooresville, N.C., August 7, 2009 - In the history of the NHRA’s highly popular Pro Stock division, there have been a total of 633 national events contested.  During that ... Continue reading

[RealWire] Unlimited Mileage Warranty Makes Volkswagen Crafter Tough To Beat

[RealWire] Unlimited Mileage Warranty Makes Volkswagen Crafter Tough To Beat

Company: Volkswagen Commercial Vehicles (http://www.vwcv.co.uk/) Release summary: To offer fleet and high mileage customers even better support and value for money, Volkswagen Commercial Vehicles <http://www.volkswagen-vans.co.uk/> has enhanced the three year warranty for its Crafter <http://www.volkswagen-vans.co.uk/c ... Continue reading

Reminder: Manheim Used Vehicle Value Index - July 2009

Reminder: Manheim Used Vehicle Value Index - July 2009

**Reminder: The July 2009 Manheim Used Vehicle Value Index numbers and commentary have been posted at the link below. You can access the Index by visiting www.manheim.com/consulting and clicking the "Used Vehicle Value Index" link.You can also find more information about the first-ever Mid-Year Used Car Market Report a ... Continue reading

Superior Industries Reports 2009 Second Quarter Results

Superior Industries Reports 2009 Second Quarter Results

VAN NUYS, Calif.--Superior Industries International, Inc. today announced a net loss of $21.0 million, or $0.79 per share, for the second quarter of 2009, which included a $2.9 million pretax charge for the impairment of long-lived assets primarily related to the closure of wheel manufacturing plants in Pittsburg, Kans ... Continue reading

Tirex Files Financial Statements Through March 31, 2009

Tirex Files Financial Statements Through March 31, 2009

WESTPORT, Conn.--The Tirex Corporation (OTC:TXMC) recently filed an amended 10-K annual report for the fiscal year ended June 30, 2008; and amended 10-Q reports for the quarter and the six month period ended December 31, 2008 as well as the quarter and nine-month period ended March 31, 2009. Other than minor editorial ... Continue reading

T.J. Coughlin searching for big payday, first career win in Michigan (JEGS)

T.J. Coughlin searching for big payday, first career win in Michigan (JEGS)

T.J. Coughlin searching for big payday, first career win in Michigan STANTON, Mich. (Aug. 7) -- 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 Performan ... Continue reading

TOP THREE STAY AT THE TOP IN THE JOE GIBBS DRIVEN RACING OIL ASA MEMBER TRACK NATIONAL CHAMPIONSHIPS STANDINGS.

TOP THREE STAY AT THE TOP IN THE JOE GIBBS DRIVEN RACING OIL ASA MEMBER TRACK NATIONAL CHAMPIONSHIPS STANDINGS.

TOP THREE STAY AT THE TOP IN THE JOE GIBBS DRIVEN RACING OIL ASA MEMBER TRACK NATIONAL CHAMPIONSHIPS STANDINGS. By: Kevin Ramsell DAYTONA BEACH, FL (Thursday, August 06, 2009) - The next eight weeks will be interesting to watch in the Joe Gibbs Driven Racing Oil ASA Member Track National Championship standings. The rea ... Continue reading

U-Haul is Offering 30 Days of Free Storage to Kentucky and Indiana Families Affected by Recent Flooding

U-Haul is Offering 30 Days of Free Storage to Kentucky and Indiana Families Affected by Recent Flooding

LOUISVILLE, Ky., Aug. 7 -- The U-Haul Company of Kentucky is offering 30 days of free storage to families affected by recent flooding. Families needing more information about the 30-days-free self-storage assistance program should contact the storage facilities listed below. (Logo: http://www.newscom.com/cgi-bin/prnh/2 ... Continue reading

USW Reiterates Need for Tariffs to Halt Surge of Chinese Tires Flooding Domestic Market at Final Public Hearing

USW Reiterates Need for Tariffs to Halt Surge of Chinese Tires Flooding Domestic Market at Final Public Hearing

Urges USTR to Recommend to President Obama Remedy Proposed by ITC WASHINGTON, Aug. 7 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) today presented a comprehensive overview before the U.S. Trade Representative (USTR) of its Section 421 trade case filed in April against a flood of 46 million passenger and ligh ... Continue reading

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