Toyota to lower assumed dollar exchange rate to 85 yen for FY 2010
NAGOYA October 28, 2010; Japan Today reported that Toyota Motor Corp plans to revise downward its assumed dollar exchange rate from 90 yen to 85 yen in estimating earnings for fiscal 2010 ending March, company sources said Wednesday. The automaker intends to disclose the revision in its earnings report for the first ha ... Continue reading
Corvette Engineers Create High-tech Auto Sunscreen
Former drag racer defies âcrazyâ and makes hot new exterior on Corvette WARREN, Mich. October 27, 2010; In an effort to produce lighter, more fuel-efficient and better handling models, Chevrolet Corvette features advanced materials such as carbon fiber. Until now, exposed-weave carbon fiber, one of the cooles ... Continue reading
AIEA, Hawaii--ClearFuels Technology, Inc. (ClearFuels), headquartered in Aiea, Hawaii, announced today that it has signed a Cooperative Agreement with the U.S. Department of Energy (DOE) to receive the remaining $19.7 million of a $23 million grant award to complete construction of a ClearFuels demonstration scale gasi ... Continue reading
Cayenne Proves Porsche's Goal of Better Fuel Economy
PR Newswire ATLANTA, Oct. 27 ATLANTA, Oct. 27 -- As it prepares to launch its first hybrid vehicle this weekendââ¬âthe Cayenne S Hybridââ¬âPorsche announced that it is achieving significant fuel savings in all its new-generation Cayenne models. With consumption reductions of 20 to 21 percent in ... Continue reading
Tesla Motors Opens Tesla Factory Home of the Model S
FREMONT, Calif.--Tesla today unveiled the Tesla Factory where it will build the Model S and future Tesla vehicles. âModel S is blazing a new trail for the industry and it will all happen right here ââ¬â the Tesla Factory gives us plenty of room to grow.â The former NUMMI factory closed in April ... Continue reading
Honda to Produce New Road Sports Model CBR250R in Asia
Tokyo, Oct 27, 2010; Honda will produce the new CBR250R road sports model in Thailand and launch sales in November. This CBR250R will have the largest engine displacement of any vehicle produced by Thai Honda Manufacturing Co., Ltd. (Thai Honda), Honda's motorcycle production company in Thailand, and will be its first ... Continue reading
Renault's Goshn Says EV's Need 2 Years Of Government Aid Before Lighting Up
MARRAKESH, Morocco October 27, 2010; Lamine Ghanmi writing for Reuters reported that electric cars will need two years of government support in developed markets before they can take off on their own, Renault Chief Executive Carlos Ghosn said on Tuesday. Renault has said it will invest 4 billion euros ($5.58 billion) i ... Continue reading
City CarShare Electrifies Car Sharing in the Bay Area
SAN FRANCISCO--City CarShare, a Bay Area nonprofit organization, today announced plans to provide shared electric cars to Bay Area residents and businesses. The car sharing electrification program, called ââ¬ÅeFleet,ââ& #130;¬??? will provide vehicles, charging station infrastructure, and promotional pro ... Continue reading
More than 50 Vehicle Debuts to be Unveiled at the LA Auto Show
LOS ANGELES, Oct. 27 LOS ANGELES, Oct. 27 -- As the LA Auto Show grows in importance as a global stage for vehicle debuts, so does the number of debuts. Â The 2010 show will host 20 world debuts and more than 30 North American debuts across virtually all vehicle categories. Â The show opens amidst improved auto sales ... Continue reading
Patrick, Mann Named Most Popular Drivers
Indianapolis, October 27, 2010: Danica Patrick is getting used to being honored by the fans of the IZOD IndyCar Series. "Let me know what to do to get this again next year," she joked as she accepted the Indy DownForce IZOD IndyCar Series Most Popular Driver Award via a taped video message. Patrick and Pippa Mann were ... Continue reading
O2 Racing Boosts Engineering Staff
Indianapolis, October 27, 2010: O2 Racing has added engineer Dave Buschemeyer to its team for the 2011 Firestone Indy Lights season. Buschemeyer, who most recently worked with KV Racing Technology in the IZOD IndyCar Series, is the latest addition to the team's engineering staff, which includes veteran engineer Dave Mc ... Continue reading
John Coughlin Looking To Duplicate Las Vegas Success
LAS VEGAS, Oct 26, 2010: John Coughlin has been a national event champion in Pro Stock Truck, Super Stock, and Super Gas and now he will look to add a Comp Eliminator trophy to his collection at this weekendâs NHRA Las Vegas Nationals at The Strip at Las Vegas Motor Speedway. Coming off a solid quarterfinal finish ... Continue reading
The Edge: GRAND-AM Road Racing Goes Behind The Scenes On HD Theater
DAYTONA BEACH, Oct. 26, 2010: HD Theater, Discovery Communication's premiere high definition network, will present a five-part series entitled THE EDGE: GRAND-AM ROAD RACING, which debuts on Sunday, Oct. 31 at Noon ET. Produced by the Emmy Award-winning NASCAR Media Group, the docu-drama will continue every Sunday thro ... Continue reading
TALLADEGA, October 26, 2010: Itâs finally race week at Talladega Superspeedway as the Chase for the NASCAR Sprint Cup rolls into town this weekend. The NASCAR Sprint Cup Series brings one of the tightest point battles in history to the track where anything can, and usually does, happen. Itâs a fact not lost o ... Continue reading
Renault's Greenest Production Model Takes On The Brighton To London Rac Future Car Challenge
Renault's least polluting current production vehicle, the 98 gram CO2 per kilometre 1.5-litre dCi 86 Clio, takes to the road this weekend in the inaugural RAC Future Car Challenge, pitting its talents against a field of around 60 of the greenest cars on the market. ... Continue reading
Combined global sales of hybrid electric vehicles (HEVs) and battery electric vehicles (BEVs) are expected to total 5.2 million units in 2020, or just 7.3 percent of the 70.9 million passenger vehicles forecasted to be sold worldwide by that year, according to a report issued by J.D. Power and Associates. For compariso ... Continue reading
The 'Naughty Volvo Tour' with the All-New Volvo S60 Coming to the Twin Cities October 29th!
PR Newswire GOLDEN VALLEY, Minn., Oct 26 GOLDEN VALLEY, Minn., Oct 26 -- Volvo Cars of North America, LLC (VCNA) announced the start of its upcoming Naughty Volvo Tour to launch the All-New 2011 Volvo S60. Â The Naughty Volvo Tour, which will stop at Volvo retailers across the U.S. and in Canada, will arrive in the Tw ... Continue reading
Kia Introduces Soul Flex at Brazilian Motor Show - Better MPG, More Power
Kia introduces new Soul Flex at Brazilian Motor Show - First Ever Ethanol-Gasoline powered model from Korea - Superb fuel economy & powertrain with 128 ps and 16.5kg-m of torque (SEOUL) October 27, 2010 â Kia Motors is celebrating the world premiere of its new fuel efficient, ethanol-gasoline powered Soul Flex tod ... Continue reading
Peugeot 207 Is More 'Sportium' Than Ever
Peugeot's popular 207 hatchback now has added 'sport-ism' with the introduction of the new 207 Sportium special edition. ... Continue reading
Ford Announces Executive Appointments In Asia Pacific
Ford Motor Company today announced a series of appointments that will help it continue to expand its operations in its Asia Pacific and Africa region. ... Continue reading
The Managing Director of TomTom Business Solutions, Thomas Schmidt, today affirmed the role business and commercial drivers will play in the company's ambitious Traffic Manifesto plan to reduce congestion across the UK. ... Continue reading
Volvo Starts Development of Fuel Cells to Extend the Electric Car's Operating Range
Volvo Cars is now taking the next step towards next-generation electric car technology. Backed by research support from the Swedish Energy Agency the company is initiating development of a fuel cell that can extend the electric car's operating range without any carbon dioxide emissions. ... Continue reading
Cream Of Classics Drive $2.2m Motorclassica Result
High quality classics drove Shannons inaugural Collectors' Auction at Motorclassica on Sunday (24 October) to an outstanding $2.2 million result, delivering an excellent clearance rate of 83 per cent in the process. ... Continue reading
Ferrari's Board Of Directors Examines 9-Month Results
The Board of Directors of Ferrari met today, chaired by Luca di Montezemolo, to examine the results at 30th September ... Continue reading
BMW - The Number One Choice For The UK's Policing Needs
BMW has been approved as a key supplier for all 52 Police forces around the country by the National Policing Improvement Agency. The announcement means some of BMW's class-leading products will become standard issue to the UK's Policemen and women as part of the four-year deal ... Continue reading
Mazda Motorsport To Tackle Targa High Country 2010
The Mazda RX-8 SP and Mazda3 MPS will take to the hills of Regional Victoria to challenge the competition at the 2010 Targa High Country tarmac rally from November 5th to 7th. ... Continue reading
Ford Announces Executive Appointments In Asia Pacific
Ford Motor Company today announced a series of appointments that will help it continue to expand its operations in its Asia Pacific and Africa region. ... Continue reading
Chrysler Dream Came True At Motorclassica - After 44 Years!
The dream of a Perth enthusiast to own an elegant 1963 Chrysler Imperial Crown that he fell in love with 44 years ago came true at Shannons Collectors' Auction at Motorclassica in Melbourne on Sunday 24 October. ... Continue reading
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