Porsche Commemorates Production of 100,000 Units of Latest 911 Generation
ATLANTA--Porsche continues the amazing success story of its iconic 911 sports car with the 100,000th unit built since production began in April 2004. The landmark was achieved with the latest (997) model produced at the Companyâs main plant in Zuffenhausen, Germany. âIt is with great pride that we celebrate t ... Continue reading
- Tuscaloosa plant is the cradle of Mercedes-Benz SUVs - all available with state-of-the-art diesel technology - Number of employees and plant capacity has more than doubled since production launch - More than $1 billion of total investment up to date - Governor Bob Riley, Chairman Dr. Dieter Zetsche and Plant Director ... Continue reading
Toyota Announces Partnership With the National FFA Foundation
TORRANCE, Calif., July 11 -- Toyota Motor Sales, USA, Inc. and the National FFA Foundation have announced a two year agreement between Toyota and the FFA that marks a significant enhancement to the over 30-year- old partnership. The partnership will allow Toyota's increased participation in FFA activities and will allo ... Continue reading
John Snow, Head of Firm Buying Chrysler, to Address the National Press Club
'How Private Equity Is Reviving U.S. Manufacturing and the Global Economy' WASHINGTON, July 11 /PRNewswire-USNewswire/ -- John Snow, chairman of the company buying Chrysler and former U.S. Treasury Secretary, will discuss the role of private equity in U.S. manufacturing and the global economy at a National Press Club l ... Continue reading
WASHINGTON--Japanese domestic auto sales have hit a 30-year low, even while the countryâs artificially weak yen helps drive record levels of exports to the U.S., according to the latest auto industry company sales reports. âThe huge misalignment of Japan yen â is giving Japanese auto manufacturers an unf ... Continue reading
Gerald L. Shaheen Joins Ford Board of Directors
DEARBORN, Mich., July 11 -- Ford Motor Company announced today the election of Gerald L. Shaheen to the company's Board of Directors, effective immediately. Shaheen is a group president at Caterpillar Inc. in Peoria, Ill. "Gerry is a respected business leader with more than 40 years of service in a variety of managemen ... Continue reading
Wshington DC July 11, 2007; The AIADA newsletter reported that the Fit is in, but Honda dealers are unlikely to get all they want. Dealers will receive about 54,000 units of the Japan-built Fit this year. "But thatâs about the best we can do," Dan Bonawitz, VP of corporate planning and logistics for American Honda ... Continue reading
SPRINGFIELD, Mo.--OâReilly Automotive, Inc. (the âCompanyâ) announces the release date for second quarter 2007 earnings as Tuesday, July 24, 2007, with a conference call to follow Wednesday, July 25, 2007. The Companyâs second quarter 2007 earnings will be released after 5:30 p.m. central time on Tu ... Continue reading
Celadon Group to Release Financial Results and Hold Investor Conference Call
INDIANAPOLIS--Celadon Group Inc. announced today that it will release its fiscal fourth quarter financial results after the close of the market on Wednesday, July 25. The company will hold an investor conference call to discuss the quarter on Thursday, July 26 at 10:00 a.m. ET. Participants may join the conference by d ... Continue reading
Cooper Tire Names New Investor Relations Director
FINDLAY, Ohio, July 11 -- Cooper Tire & Rubber Company has named Curtis Schneekloth as new investor relations director, functioning as a spokesman on financial issues as he communicates with stock market analysts and investors. (Logo: http://www.newscom.com/cgi-bin/prnh/20010404/COOPERLOGO ) Speaking of the appointment ... Continue reading
Big Excitement for Tiny smart Car
Washington DC July 11, 2007; The AIADA newsletter reported that prospective buyers are forming a long line to buy a very short car. The Detroit News reports that more than 20,000 people have put down $99 deposits to buy Smart cars, built by DaimlerChrysler AG, when they go on sale in January. "The response has been ove ... Continue reading
NASCAR (MONTREAL) - PATRICK CARPENTIER TO BE SPONSORED BY ZELLERS, KOMATSU, DODGE & CINEMAS GUZZO
MONTREAL Patrick Carpentier officially announced Tuesday at a press conference held in Montreal that he will compete in the inaugural NASCAR Series Busch race at Circuit Gilles Villeneuve on August 4, 2007. Sitting next to his new sponsors on the podium, the Quebec-born driver made public his plans to race in front of ... Continue reading
NASCAR (DAYTONA) - CURRENT NOTES
McMurray Nears Chase Position<p> Chicagoland Started Gordonâs Top 10 Streak<p> Close Competition Abound In 2007<P> Drivers Participate In Fourth Annual Softball Challenge<p> Around Town: Plenty Of Action Away From The Track<p> <P> McMurrayâs Win Propels Him Back Into Chase Contention <P> Jamie McMurrayâs ... Continue reading
NHRA (LAS VEGAS) - SPORT FWD BRINGS DRIVERS OUT
No other head-to-head category in the NHRA Xplōd Sport Compact Racing Series will have more cars competing in the Las Vegas NHRA Sport Compact Nationals this weekend, July 13-14, than UrbanRacer.Com Sport FWD. This has been historically true due to the close proximity of teams in the western region of the United S ... Continue reading
INDYCAR (INDIANAPOLIS) - INDY RACING LEAGUE PENALIZES TEAMS, DRIVERS AND OTHERS
The Indy Racing League, the sanctioning body for the IndyCar Series, today announced penalties for the teams, drivers and non-uniformed hard card credential holders involved in a post-race altercation on pit road immediately following the IndyCar Series Camping World Watkins Glen Grand Prix on July 8. Team Penske and A ... Continue reading
GRAND AM (DAYTONA) - Fogarty, Gurney Gunning For Consecutive Win Record
Since the establishment of the class in 2003, no team has captured four consecutive Daytona Prototype races in Grand-Am Rolex Sports Car Series presented by Crown Royal Special Reserve competition, but co-drivers Jon Fogarty and Alex Gurney of the No. 99 GAINSCO/Bob Stallings Racing Pontiac Riley are eyeing history thi ... Continue reading
NASCAR BCS (CHICAGO) - GANASSI RACE PREVIEW
Reed Sorenson and the No. 41 Wrigleyâs Juicy Fruit Dodge Team Facts: · Take Me Out to the Ball Game: After they are done racing at Chicagoland Speedway this weekend, Chip Ganassi Racing with Felix Sabates (CGRFS) drivers Reed Sorenson, David Stremme and Juan Pablo Montoya will head out to Wrigley Field to take ... Continue reading
Mercedes C230 Sport Sedan Tops LeaseTrader.com Index for Second Straight Month
Index monitors the most popular transferred lease vehicles in America MIAMI, July 11 -- LeaseTrader.com, the company that helps consumers transfer in and out of their car lease, announces its monthly Index for June, with the Mercedes C230 Sport Sedan topping the list for the second straight month. (Logo: http://www.new ... Continue reading
EaglePicher Corporation Retains Credit Suisse to Explore Refinancing Options
INKSTER, Mich., July 11 -- EaglePicher Corporation (EaglePicher) today announced that it has engaged Credit Suisse to act as its advisor in evaluating refinancing opportunities. EaglePicher's agreement to sell EP Boron should enable the company to favorably refinance its existing debt. EP Boron is an EaglePicher compan ... Continue reading
Palladium Equity Partners Makes $10 Million Commitment to Starfire Systems
NEW YORK and MALTA, N.Y., July 11 -- Palladium Equity Partners, LLC, a New York-based private equity firm, and Starfire Systems, Inc., a leading global developer and manufacturer of nanostructured advanced ceramic materials and finished products, today announced that Palladium has committed to invest up to $10 million ... Continue reading
Summer Fun on the Open Road: Prepare Your Vehicle for Summer Road Trips with Tips
ATLANTA--The summer season is filled with many fun activities - trips to the neighborhood pool, picnics and amusement park visits â but one summertime favorite is packing up the car and hitting the open road. Before heading out, Kit Johnson, NAPAâs 2007 Technician of the Year from East Helena, Montana, offers ... Continue reading
Progressive’s Direct Business Lowers Auto Insurance Rates in Colorado Seven Times since 2003
DENVER--The Direct Business of the Progressive Group of Insurance Companies, which sells insurance by phone at 1-800-PROGRESSIVE (1-800-776-4737) and online at progressive.com, announced today that it is lowering auto insurance premiums in Colorado by an average of 5.2 percent for new and renewing customers effective J ... Continue reading
Ceradyne, Inc. Acquires Raw Materials Supplier Minco, Inc.
COSTA MESA, Calif.--Ceradyne, Inc. announced today that it has acquired Minco, Inc. in Midway, Tennessee, for approximately $27.5 million in cash. Minco was founded in 1977 to manufacture and market fused silica powders for a wide range of industrial applications. Mincoâs fusing process, which is the basis of its ... Continue reading
High Net Worth Individuals Rank "Luxury Collectibles" as Top on List of ``Investments of Passion''
NEW YORK--As the worldâs 9.5 million High Net Worth Individuals (HNWIs) develop an increasingly more global outlook with diversified interests, âinvestments of passionâ have become an important portfolio allocation, according to the 2007 World Wealth Report, issued recently by Merrill Lynch and Capgemini ... Continue reading
GM Europe Works to Increase "Green" Efforts, Decrease CO2 Emissions - VIDEO STORY
BERLIN - July 11, 2007: As concerns over global warming continue to increase, General Motors Europe has unveiled a new environmental strategy aimed at decreasing and eventually eliminating CO2 emissions. Under its short-term plan, GMâs Opel/Vauxhall will introduce an ecoFLEX variant that emits lower CO2 levels in ... Continue reading
Nissan Opens New European Field Quality Center
TRAPPES, France, July 11 -- Nissan Motor Co., Ltd., today announced the official opening of a state-of-the-art field quality centre (FQC) at the Nissan Technical Centre Europe located in Cranfield, Bedfordshire in the UK. Photo: http://www.newscom.com/cgi-bin/prnh/20070711/264680 The new facility, which was built at a ... Continue reading
Continental Automotive Systems to Build an Engineering Center in Shanghai, China
Asia Headquarters office to move to the new location in 2009 SHANGHAI, China, July 10 -- The Automotive Systems Division of the international automotive supplier Continental AG has announced plans to build a dedicated Engineering Center in Shanghai, China. As outlined during the signing ceremony held in Shanghai today, ... Continue reading
Mini Coopers to Heavy-Duty Pickups - Feature Electronic Stability Control from TRW Automotive
LIVONIA, Mich., July 10 -- TRW Automotive Holdings Corp. - the global leader in active and passive safety systems - has announced that it is supplying its Electronic Stability Control (ESC) system to several new vehicles, including the MINI Cooper and Cooper S hardtops, the Saab 9-3, and various General Motors heavy-du ... Continue reading
HUMMER.com Ranks Highest in Usefulness to New-Vehicle Shoppers Among Manufacturer Web Sites
Redesigned Web Sites Can Bounce Back from Initial Stumbles in Visitor Satisfaction WESTLAKE VILLAGE, Calif., July 10 -- HUMMER.com earns the highest ranking among automotive manufacturer Web sites for usefulness in new- vehicle shopping, according to the J.D. Power and Associates 2007 Manufacturer Web Site Evaluation S ... Continue reading
President Bush Views Fuel Cell Powered Lift Truck at GrafTech Facility Near Cleveland
PARMA, Ohio, July 10 -- President George W. Bush today viewed a demonstration of a fuel cell powered lift truck while touring the GrafTech International Ltd. facility in Parma, Ohio. GrafTech manufactures graphite material for the proton exchange membrane (PEM) fuel cell power unit made by Cellex Power Products Inc., a ... Continue reading
Winnebago Itasca Travelers Club Hosts Week-Long Tailgate Party at Annual Grand National Rally
FOREST CITY, Iowa--Itâs the ultimate tailgate party at the 38th annual Winnebago-Itasca Travelers (WIT) Club Grand National Rally! Winnebago Industries, Inc. will welcome home approximately 1,450 Winnebago and Itasca owners to Forest City July 15-20 for a week-long celebration full of seminars, games, entertainmen ... Continue reading
Federal Settlement Targets Illegal Emission Control 'Defeat Devices' Sold for Autos
Company Will Pay Penalties and Recall Devices WASHINGTON, July 10 /PRNewswire-USNewswire/ -- The Department of Justice and U.S. Environmental Protection Agency (EPA) announced today a landmark settlement requiring Casper's Electronics, of Mundelein, Ill., to pay a penalty and stop selling devices that allow cars to rel ... Continue reading
Liberty Renewable Fuels Gives Michigan Chance to Invest in Ethanol
ITHACA, Mich., July 10 -- Liberty Renewable Fuels, LLC, announced today it is giving local investors an opportunity to help drive America's energy independence by investing in Michigan's largest ethanol plant, a 110 million gallon a year project near Ithaca, in Gratiot County. "We are thrilled to have progressed to thi ... Continue reading
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