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March 2007

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Monday, March 12, 2007

UAW and Big Three Support March of Dimes WalkAmerica

UAW and Big Three Support March of Dimes WalkAmerica

DETROIT, March 12 -- United Auto Workers, DaimlerChrysler, Ford Motor Company, and General Motors again are teaming up with the March of Dimes for its well-known fundraiser WalkAmerica, which will kick off with the Golden Mile on March 13th. The Golden Mile is the official start of WalkAmerica in Michigan and corporate ... Continue reading

I'll Have a Large Fry and Five Gallons of Your Tired Oil

I'll Have a Large Fry and Five Gallons of Your Tired Oil

Oil that fries your burger can run your car PHILADELPHIA Mar 12, 2007; Jon Hurdle writin for Reuters reported that after a good meal, how about asking the head waiter if you can take the waste grease from the kitchen to fuel your car? In the search for sustainable and non-polluting alternatives to fossil fuels, a small ... Continue reading

Tiger Truck to Build First U.S. Assembly Plant for Chinese Trucks

Tiger Truck to Build First U.S. Assembly Plant for Chinese Trucks

JASPER, Texas, March 12 -- In a landmark ceremony today, the owners of Tiger Truck, Texas Congressman Kevin Brady and other officials from the state of Texas, City of Jasper and Jasper County, jointly announced the first Assembly Plant in the U.S. for vehicles based on designs by ChangAn Automobile Group, China's third ... Continue reading

Ford's Luxury Brands Now Valued at About $9 Billion

Ford's Luxury Brands Now Valued at About $9 Billion

DETROIT, March 12, 2007; Reuters reported that Ford Motor Co could raise over $9 billion by selling its remaining luxury car brands, although such a move is unlikely in the short term, Merrill Lynch analyst John Murphy said on Monday. Earlier on Monday, Ford announced it had clinched a deal to sell British sports car m ... Continue reading

Detroit Automotive Supplier Launches Deronda Sports Car in U.S.

Detroit Automotive Supplier Launches Deronda Sports Car in U.S.

SEBRING, Fla., March 12 -- An automotive two-seater rocket called the Deronda is making its American debut at Sebring this week. The Deronda can be either a sports car or a racecar, depending on how you use the gas pedal, and it's coming from Great Britain for production and public consumption in the U.S. by Autosport ... Continue reading

After Market Auto Parts Alliance Signs Agreement with Identifix

After Market Auto Parts Alliance Signs Agreement with Identifix

ST. PAUL, Minn. March 12, 2007; Identifix, one of the nation's premier sources of online and hotline diagnostic and repair information, today announced it has been recognized as a Preferred Provider to Aftermarket Auto Parts Alliance (The Alliance) to introduce Identifix services to the 2,400 Certified Service Centers ... Continue reading

Winnebago Industries Earns Top Selling Motor Home Manufacturer Honor for Sixth Consecutive Year

Winnebago Industries Earns Top Selling Motor Home Manufacturer Honor for Sixth Consecutive Year

FOREST CITY, Iowa March 12, 2007; For the sixth consecutive year, Winnebago Industries, Inc. has earned the top selling motor home manufacturer honor according to Statistical Surveys, Inc., a retail reporting service in Grand Rapids, Michigan. For calendar 2006, Winnebago Industries dealers retailed more Class A and Cl ... Continue reading

Update on Ford's Decision to Sell Aston Martin in $925 Million Deal

Update on Ford's Decision to Sell Aston Martin in $925 Million Deal

GAYDON, England, March 12, 2007; Marc Jones writing for Reuters submitted this update to Ford Motor Co's. sale of British luxury car maker Aston Martin to a group fronted by former Benetton and BAR motor racing boss David Richards in a deal worth 479 million pounds ($925 million). Ford the second-biggest U.S. carmaker ... Continue reading

Automotive Experts to Assess Revolution in Occupant Protection

Automotive Experts to Assess Revolution in Occupant Protection

WASHINGTON, March 12 -- The Automotive Occupant Restraints Council (AORC), at its annual membership meeting in Tucson, will focus on issues and answers in highway safety worldwide, especially on the accelerating adoption of innovative safety technology in cars and trucks. Members of the panel, to be featured on Thursda ... Continue reading

Free Vehicle Check-Ups to Mark National Car Care Month in April

Free Vehicle Check-Ups to Mark National Car Care Month in April

BETHESDA, Md., March 12 /PRNewswire-USNewswire/ -- Most people recognize April as tax time, but in the automotive repair industry, it's also the official time to celebrate National Car Care Month (NCCM) and the benefits of regular vehicle care and maintenance. To mark NCCM, automotive repair shops, parts stores, distri ... Continue reading

Dodge Adds to March's Basketball Frenzy with "Dribble for a Dodge" Challenge

Dodge Adds to March's Basketball Frenzy with "Dribble for a Dodge" Challenge

* Consumers to dribble for a chance to win 2007 Dodge Ram and two tickets to college basketball's championship game What: Dodge is putting the ball in the consumer's court this March as the NCAA college basketball tournaments and National Truck Month get underway. About 80 determined dribblers will bring their "A" game ... Continue reading

Quantum Technologies Schedules Fiscal 2007 Third Quarter Financial Results Conference Call

Quantum Technologies Schedules Fiscal 2007 Third Quarter Financial Results Conference Call

IRVINE, Calif., March 12 -- Quantum Fuel Systems Technologies Worldwide, Inc. , will hold a conference call to announce its financial results for its fiscal 2007 third quarter. The call will be held Monday, March 12, 2007 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). If you are interested in participating, call t ... Continue reading

Asbury Automotive Announces Offerings of Senior Subordinated Notes and Senior Subordinated Convertible Notes

Asbury Automotive Announces Offerings of Senior Subordinated Notes and Senior Subordinated Convertible Notes

NEW YORK, Mar. 12 -- Asbury Automotive Group, Inc. today announced its intention to raise, subject to market and other conditions, approximately $250 million through concurrent offerings of $150 million principal amount of Senior Subordinated Notes due 2017 and $100 million principal amount of Senior Subordinated Conve ... Continue reading

Daytonabrands, Inc. Receives $725,000 Order from Advance Auto Stores

Daytonabrands, Inc. Receives $725,000 Order from Advance Auto Stores

IRVINE, Calif. & DAYTONA BEACH, Fla.--Daytonabrands, Inc. (OTC:DYTB), a manufacturer and marketer of innovative consumer products for the automobile and home, announced today Advance Auto stores has its AutoPark in its product plan-o-gram as standard stock keeping unit. The company is currently fulfilling the balance o ... Continue reading

Air Temp North America Signs Contract With MILSCO

Air Temp North America Signs Contract With MILSCO

MIAMI--Air Temp North America, Inc., (the “Company”) (Pink Sheets:ATPN) through its operating subsidiary, Air Temp de Mexico, signed a contract with Milsco Manufacturing Company (“MILSCO”) to supply injected parts for marine application and motorcycle use. The contract calls for Air Temp de Mexico to start prod ... Continue reading

Solidica Honored as One of 'Michigan 50 Companies to Watch'

Solidica Honored as One of 'Michigan 50 Companies to Watch'

Company shines due to rapid, ongoing growth and broad market impact ANN ARBOR, Mich., March 12 -- Solidica, Inc. has been recognized as one of the "Michigan 50 Companies to Watch," an awards program sponsored by the Edward Lowe Foundation. The company will be honored at an awards ceremony during the third annual Michig ... Continue reading

Enova's Unique Proprietary Post Transmission Hybrid Drive System Installed in First Production Hybrid School Buses

Enova's Unique Proprietary Post Transmission Hybrid Drive System Installed in First Production Hybrid School Buses

TORRANCE, Calif.--Enova Systems (AMEX:ENA) (AIM:ENV) (AIM:ENVS), an early stage production company in an emerging industry and a leading developer of proprietary electric, hybrid and fuel cell digital power management systems, is pleased to announce that its unique proprietary Post Transmission hybrid systems are being ... Continue reading

Winnebago Industries Earns Top Selling Motor HomeManufacturer Honor for Sixth Consecutive Year

Winnebago Industries Earns Top Selling Motor HomeManufacturer Honor for Sixth Consecutive Year

FOREST CITY, Iowa--For the sixth consecutive year, Winnebago Industries, Inc. has earned the top selling motor home manufacturer honor according to Statistical Surveys, Inc., a retail reporting service in Grand Rapids, Michigan. For calendar 2006, Winnebago Industries dealers retailed more Class A and Class C motor hom ... Continue reading

Automotive Component Supplier Vari-Form Acquired by Sun Capital Partners

Automotive Component Supplier Vari-Form Acquired by Sun Capital Partners

WARREN, Mich., March 12 -- Vari-Form, one of the world's largest producers of hydroformed structural components for the automotive industry, announced that the company has been acquired from parent-company TI Automotive as a part of the acquisition of TI Automotive's Industrial Group by a key affiliate of Sun Capital P ... Continue reading

Illinois Tool Works Inc. Purchases Quasar International, Inc.

Illinois Tool Works Inc. Purchases Quasar International, Inc.

ALBUQUERQUE, N.M., March 12 -- Illinois Tool Works Inc. , a leading designer and producer of highly engineered components, equipment, consumable systems, and specialty products for customers around the world, announces the purchase of Quasar International, Inc., the inventor of PCRT (Process Compensated Resonant Testin ... Continue reading

After Market Auto Parts Alliance Signs Agreement with Identifix

After Market Auto Parts Alliance Signs Agreement with Identifix

ST. PAUL, Minn.--Identifix, one of the nation’s premier sources of online and hotline diagnostic and repair information, today announced it has been recognized as a Preferred Provider to Aftermarket Auto Parts Alliance (The Alliance) to introduce Identifix services to the 2,400 Certified Service Centers throughout ... Continue reading

Chrysler Group Accelerates Certified Pre-Owned Vehicle (CPOV) Sales in February 2007

Chrysler Group Accelerates Certified Pre-Owned Vehicle (CPOV) Sales in February 2007

AUBURN HILLS, Mich., March 12 -- Continuing on the momentum started in January, the Chrysler Group reported that its Five Star(R) dealers set a new February record of 10,187 Certified Pre-Owned Vehicle (CPOV) sales in 2007, a 9 percent increase compared with February 2006 sales of 9,309 units. Year-to-date sales also s ... Continue reading

Kobe Steel's U.S. Aluminum Forging Unit to Increase Production, Demand Continues Growing for Automotive Suspension Parts

Kobe Steel's U.S. Aluminum Forging Unit to Increase Production, Demand Continues Growing for Automotive Suspension Parts

TOKYO, March 12 -- Kobe Steel, Ltd. announces that its U.S. subsidiary, Kobe Aluminum Automotive Products, LLC (or KAAP), will further increase production of aluminum forgings to meet the growing U.S. market for lightweight automotive suspension systems. The Bowling Green, Kentucky-based company will invest $14 million ... Continue reading

TRW Reconfirms 2007 Outlook

TRW Reconfirms 2007 Outlook

LIVONIA, Mich., March 12 -- TRW Automotive Holdings Corp. , the global leader in active and passive safety systems, today reconfirmed its guidance for 2007, which calls for sales in the range of $13.4 to $13.8 billion (including first quarter sales of approximately $3.5 billion) and full year net earnings per diluted s ... Continue reading

TRW Announces Intention to Offer Senior Notes

TRW Announces Intention to Offer Senior Notes

LIVONIA, Mich., March 12 -- TRW Automotive Holdings Corp. , through its subsidiary TRW Automotive Inc., today announced that it intends to offer, pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"), $670,000,000 in principal amount of Senior Notes due 2014, Euro 25 ... Continue reading

Jefferies Advises On Acquisition of Aston Martin From Ford

Jefferies Advises On Acquisition of Aston Martin From Ford

NEW YORK and GAYDON, England, March 12 -- The Jefferies investment bank today announced that it served as exclusive financial advisor for the 479 million pounds Sterling ($925 million) acquisition of Aston Martin from Ford Motor Company by a consortium of investors led by automotive industry veteran David Richards. Fin ... Continue reading

'Remote Start Envy' Easily Cured - Affordable Systems Allow Users to Warm-Up Their Cars With the Push of a Button

'Remote Start Envy' Easily Cured - Affordable Systems Allow Users to Warm-Up Their Cars With the Push of a Button

Five Quick Steps to a Successful Remote Start Purchase VISTA, Calif., March 12 -- Good news: the first day of summer is just 15 weeks away! If that seems like a long time from now, and the snowman in your front yard isn't showing any signs of melting yet, then there's probably still plenty of time to get your money's w ... Continue reading

Ford's Announcement That it Will Sell Aston Martin

Ford's Announcement That it Will Sell Aston Martin

DEARBORN, Mich., March, 12, 2007 – Ford Motor Company announced today it has entered into a definitive agreement to sell Aston Martin, its prestigious sports car business, to a consortium comprised of David Richards, John Sinders, Investment Dar and Adeem Investment Co. This transaction is the result of Ford's dec ... Continue reading

Ford Sells Aston Martin For $925 Million

Ford Sells Aston Martin For $925 Million

LONDON/GAYDON March 12, 2007; Mathieu Robbins and Marc Jones writing for Reuters reported that Ford Motor Co. is selling British luxury car maker Aston Martin to a group fronted by former Benetton and BAR motor racing boss David Richards in a deal worth 479 million pounds ($925 million). The second-biggest U.S. carmake ... Continue reading

BMW 3 Series Coupé Named "Best Real World" Sports Car By MSN Website

BMW 3 Series Coupé Named "Best Real World" Sports Car By MSN Website

BERKSHIRE, England - March 12, 2007: One of the UK's leading motoring websites has awarded the BMW 3 Series Coupé its coveted Car of the Year title. In its annual poll nearly a quarter of readers voted the sleek new coupé MSN Car of the Year 2007, placing it ahead of supercar rivals such as the Ferrari 599 GTB an ... Continue reading

Apex Motorsport's Jaguar XKR GT3 Making Progress

Apex Motorsport's Jaguar XKR GT3 Making Progress

LONDON - March 12, 2007: Apex Motorsport's brand new Jaguar XKR GT3 has now completed the first two of its planned pre-season test sessions and, at the same time, re-united one of sports car racing’s most successful drivers with the Jaguar marque. Andy Wallace, winner of the 1988 24 Hours of Le Mans, as well as co ... Continue reading

Today's Pre-Owned Vehicles May Be the Better Bargain - VIDEO STORY

Today's Pre-Owned Vehicles May Be the Better Bargain - VIDEO STORY

DETROIT - March 11, 2007: Compared to 20 to 25 years ago, automakers say today's "certified pre-owned" vehicles can be as good as buying a new vehicle and are a fraction of the cost. To "certify" a used vehicle, a dealer must perform a comprehensive multi-point inspection that meets the original dealer's specifications ... Continue reading

Ford S-Max Wins "AUTO 1 OF EUROPE" Award

Ford S-Max Wins "AUTO 1 OF EUROPE" Award

COLOGNE , March 11, 2007: Germany ’s largest car magazine AutoBild , along with its 23 sister publications in Europeand a jury of leading car specialists have given the prized “Auto 1 of Europe” award to the Ford S-MAX. In addition to this overall victory, the dynamic crossover S-MAX with its unmistakabl ... Continue reading

DENSO Announces Motor Sport Sponsorships for 2007

DENSO Announces Motor Sport Sponsorships for 2007

Kariya, Japan, Mar 9, 2007 - (JCN Newswire) - DENSO Corporation today announced its motor sport sponsorship plan for the 2007 season. DENSO will continue to sponsor teams participating in the world's top motor sports including FIA FORMULA ONE WORLD CHAMPIONSHIP (F1), FIA WORLD RALLY CHAMPIONSHIP (WRC), and FIM ROAD RAC ... Continue reading

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