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May 2008

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Monday, May 12, 2008

Commercial Vehicle Group Opens New R&D Center and Corporate Headquarters

Commercial Vehicle Group Opens New R&D Center and Corporate Headquarters

NEW ALBANY, Ohio, May 12 -- Commercial Vehicle Group, Inc. today announced that it has moved into its newly opened Corporate Headquarters and Research and Development Center located in New Albany, Ohio. The three-story, 89,000 square foot corporate complex combines four existing locations into one centralized research ... Continue reading

Alternative Fuel Vehicle Institute (AFVi) Awards Leadership in the Alternative Fuels and Vehicles Industry

Alternative Fuel Vehicle Institute (AFVi) Awards Leadership in the Alternative Fuels and Vehicles Industry

Las Vegas, NV May 12, 2008; Alternative Fuel Vehicle Institute (AFVi) recognized outstanding leadership in the alternative fuels and vehicles industry as part of the opening day of the 14th Alternative Fuels & Vehicles Conference + Expo 2008. The awards honor excellence in individuals and/or organizations that have adv ... Continue reading

GM to Close Windsor Ontario Plant

GM to Close Windsor Ontario Plant

TORONTO May 12, 2008; John McCrank reporting and Kevin Krolicki writing for Reuters reportewd that GM Canada said today that it plans to close its Windsor transmission plant in the second quarter of 2010, saying upcoming versions of its cars would not require components from that facility. The 45-year-old plant makes t ... Continue reading

Keystone Automotive Operations, Inc. Reports First Quarter 2008 Results

Keystone Automotive Operations, Inc. Reports First Quarter 2008 Results

EXETER, Penn., May 12 -- Keystone Automotive Operations, Inc., a leading distributor and marketer of automotive aftermarket accessories and equipment in North America, today announced financial results for its fiscal first quarter ended March 29, 2008. Highlights include: -- Net sales for the first quarter were $143.9 ... Continue reading

TineLok to Revolutionize the Motorsports Industry

TineLok to Revolutionize the Motorsports Industry

Permanent Technology TineLok Vibration-Proof Fastening System Withstands Harsh and Treacherous Mexican Desert Conditions to Keep Baja Challenge Cars on Track HAUPPAUGE, N.Y., May 12 -- Permanent Technologies, Inc. (Pink Sheets: PERT) TineLok Vibration-proof Fastening System was installed on off-road vehicles in the mos ... Continue reading

In 2008 The Auto Channel Viewers Saw the Switchable EV battery System As Israel got first look at prototype of revolutionary electric car

In 2008 The Auto Channel Viewers Saw the Switchable EV battery System As Israel got first look at prototype of revolutionary electric car

Tel Aviv March 11, 2008; The AP reported that Israelis got a first demonstration Sunday of the electric car that developers hope will revolutionize transportation in the country and serve as a pilot for the rest of the world. The silver car doing circles in a Tel Aviv parking lot looked like a regular sedan - except it ... Continue reading

Jetta TDI Cup Goes International

Jetta TDI Cup Goes International

30 Drivers to Race Clean Diesel Volkswagens in Canada HERNDON, Va., May 12 -- The Volkswagen Jetta TDI Cup will make its international debut May 16-18, 2008 at Mosport International Raceway in the second race of this all-new series. After completing the inaugural race at VIRginia International Raceway in April, this ne ... Continue reading

RAIN WASHES OUT SECOND-DAY QUALIFYING AT THE INDIANAPOLIS 500

RAIN WASHES OUT SECOND-DAY QUALIFYING AT THE INDIANAPOLIS 500

INDIANAPOLIS, – Twenty-two starting positions for the 92nd Running of the Indianapolis 500 remain up for grabs as rain washed out Second Day Qualifying at the Indianapolis Motor Speedway. Qualifications will continue May 17 when spots 12-33 will be filled. Bump Day is scheduled for May 18. This is the first time a ... Continue reading

FORMULA SAE EVENT DEBUTS AT MICHIGAN INTERNATIONAL SPEEDWAY MAY 16-17

FORMULA SAE EVENT DEBUTS AT MICHIGAN INTERNATIONAL SPEEDWAY MAY 16-17

BROOKLYN, Mich. – More than 100 university Formula SAE teams from around the world will converge on Michigan International Speedway for one of the most popular of the SAE Collegiate Design Series events. Started in 1981, Formula SAE is an educational competition that challenges university undergraduate and graduat ... Continue reading

AIM Autosport signs deal with John Edwards for Star Mazda

AIM Autosport signs deal with John Edwards for Star Mazda

Woodbridge, Ontario - AIM Autosport is pleased to announce they have reached an agreement with seventeen-year-old John Edwards to join the team’s Star Mazda racing program starting immediately. Edwards, the youngest driver in the Champ Car Atlantic series last season, will be at the wheel of the #7 AIM Autosport F ... Continue reading

A1GP Reveals First Image of 'Powered by Ferrari' Car

A1GP Reveals First Image of 'Powered by Ferrari' Car

London, Great Britain - A1GP World Cup of Motorsport has revealed the first image of its brand new 'Powered by Ferrari' car for use in season four (2008/09). The CAD drawing was released ahead of the car's inaugural shakedown test in Southern England. A1GP's own tv commentator and Formula One legend, John Watson, will ... Continue reading

Dollar Thrifty Automotive Group Reports First Quarter 2008 Results

Dollar Thrifty Automotive Group Reports First Quarter 2008 Results

- GAAP results include non-cash charges of $13.30 per diluted share related to the impairment of goodwill and other intangible assets and the change in fair value of derivatives - Company renews credit facilities to meet peak vehicle financing needs - Company reaffirms 2008 non-GAAP EPS and Corporate EBITDA guidance TU ... Continue reading

U.S. Auto Parts Network, Inc. to Present at the Seventh Annual JMP Securities Research Conference May 19

U.S. Auto Parts Network, Inc. to Present at the Seventh Annual JMP Securities Research Conference May 19

CARSON, Calif., May 12 -- . U.S. Auto Parts Network, Inc. , announced today that Shane Evangelist, the Company's Chief Executive Officer, will present at the Seventh Annual JMP Securities Research Conference to be held on May 19 through May 21, 2008, at The Ritz-Carlton, San Francisco. U.S. Auto Parts' investor present ... Continue reading

Visteon Honors Flint High School Senior With National Association of Black Automotive Suppliers' Scholarship Award

Visteon Honors Flint High School Senior With National Association of Black Automotive Suppliers' Scholarship Award

VAN BUREN TOWNSHIP, Mich., May 12, 2008 -- Tarik Everett, a senior at Flint Central Academy, was named Visteon Scholar at the National Association of Black Automotive Suppliers' (NABAS) 20th Annual Scholarship Awards Banquet on May 6 at the Renaissance Center in Detroit, Mich. (Logo: http://www.newscom.com/cgi-bin/prnh ... Continue reading

Detroit Celebrates National Transportation Week May 11-17 by Honoring Region's Automotive Heritage

Detroit Celebrates National Transportation Week May 11-17 by Honoring Region's Automotive Heritage

DMCVB Welcomes National Celebration for Second Consecutive Year in Detroit DEARBORN, Mich., May 12 /PRNewswire-USNewswire/ -- The Detroit Metro Convention & Visitors Bureau (DMCVB) today officially kicked off National Transportation Week (NTW), May 11-17, 2008, as Detroit is the host city of this annual transportation ... Continue reading

Azure Dynamics Announces the Appointment of Jay A. Sandler as Vice President of Sales

Azure Dynamics Announces the Appointment of Jay A. Sandler as Vice President of Sales

OAK PARK, Michigan, May 12 -- Azure Dynamics Corporation (TSX: AZD, LSE: ADC & OTCQX: AZDDF) ("Azure" or the "Company") a leading developer of hybrid electric and electric powertrains for commercial vehicles, announced today the appointment of Jay A. Sandler as Vice President of Sales. Azure CEO Scott T. Harrison said, ... Continue reading

Simon Property Group Increases Segway(R) PT Fleet for Security Patrols

Simon Property Group Increases Segway(R) PT Fleet for Security Patrols

Company now has over 225 units deployed at more than 125 shopping malls nationwide INDIANAPOLIS, May 12 -- Simon Property Group, Inc. and Segway Inc. today announced that Simon Property Group has made a substantial purchase of additional Segway Personal Transporters (PTs) that will increase its current security fleet o ... Continue reading

Ohio Recognized as Global Leader in the Fuel Cell Industry

Ohio Recognized as Global Leader in the Fuel Cell Industry

2008 Ohio Fuel Cell Symposium brings together global leaders to highlight innovations in Ohio's internationally recognized fuel cell industry AKRON, Ohio, May 12 -- Clean energy innovations and Ohio's international leadership in the fuel cell industry will unite global leaders at the annual Ohio Fuel Cell Symposium at ... Continue reading

Press Release: Alternative Fuel Vehicle Institute Industry Excellence Awards Announced

Press Release: Alternative Fuel Vehicle Institute Industry Excellence Awards Announced

Release Date: May 12, 2008 Contact: Kimberly Taylor 702-203-4982 Ktaylor@afvi.org ALTERNATIVE FUEL VEHICLE INSTITUTE INDUSTRY EXCELLENCE AWARDS ANNOUNCED afv honorees range from google to ups Las Vegas, NV - Alternative Fuel Vehicle Institute (AFVi) recognized outstanding leadership in the alternative fuels and vehicle ... Continue reading

Toyoda Gosei North American Group to Open Manufacturing Facility in Mexico

Toyoda Gosei North American Group to Open Manufacturing Facility in Mexico

TROY, Mich., May 12 -- Toyoda Gosei North American Group announced its plan to establish a new automotive parts manufacturing facility located in San Luis Potosi, Mexico. The facility will assemble automotive body sealing components, and is set to begin production in October 2008. The purpose for establishing the locat ... Continue reading

Sterling Trucks Introduces Natural Gas-Powered Vehicle with Cummins Westport Engine

Sterling Trucks Introduces Natural Gas-Powered Vehicle with Cummins Westport Engine

VANCOUVER, BRITISH COLUMBIA May 12, 2008; Cummins Westport Inc. ("CWI") (Toronto:WPT.TO - News), a leading provider of high-performance, alternative fuel engines for the global market, announced today that Sterling Trucks of Redford, Michigan has launched a new Sterling® Set-Back 113, its first natural gas vehicle, fe ... Continue reading

Kelley Blue Book Brand Watch Study Names Most Improved Marks in Luxury Sedan Segment

Kelley Blue Book Brand Watch Study Names Most Improved Marks in Luxury Sedan Segment

Study Reveals Cadillac, Audi Have Most Increased Brand Perception Among Luxury New-Car Shoppers IRVINE, Calif., May 12 -- According to Kelley Blue Book (http://www.kbb.com/) Marketing Research's Brand Watch study, Cadillac and Audi are the most improved in terms of brand perception over the past year in the Luxury Seda ... Continue reading

Record Gas and Oil Prices Drive Sales for ZAP, Electric Car Orders Grow to $6.8 Million

Record Gas and Oil Prices Drive Sales for ZAP, Electric Car Orders Grow to $6.8 Million

SANTA ROSA, CA May 12, 2008; Record gas prices are driving more consumers to seek electric transportation, says industry pioneer ZAP (OTC BB:ZAAP.OB - News). The Northern California Company reported that as of April 8, 2008 it had $6.8 million in backlog orders for the Xebra electric sedan and pickup from auto-dealer p ... Continue reading

The Allstate Foundation Announces National Teen Safe Driving Activists of the Year

The Allstate Foundation Announces National Teen Safe Driving Activists of the Year

The first annual awards honor both teens and parents working to prevent car crashes - the No. 1 killer of teens - providing grants for two youth traffic safety nonprofits NORTHBROOK, Ill., May 12 -- Natalie Hayford, 16, of Andover, Minn., and Laura Marchetti of Valrico, Fla., have been selected to receive The Allstate ... Continue reading

Hayes Lemmerz to Close Facility in Gainesville, Georgia

Hayes Lemmerz to Close Facility in Gainesville, Georgia

NORTHVILLE, Mich., May 12 -- Hayes Lemmerz International, Inc. announced today that it will close its aluminum wheel facility in Gainesville, Georgia by the end of December 2008. The closure is the result of global overcapacity in the light vehicle aluminum wheel market and increasing aluminum wheel imports into North ... Continue reading

Jaguar Signs Up as Exclusive Advertiser for Launch of Market Intelligence Center Video Business News

Jaguar Signs Up as Exclusive Advertiser for Launch of Market Intelligence Center Video Business News

Renowned luxury carmaker attracted by site's strong demographics as investor interest in equity options continues its dramatic growth CHARLOTTESVILLE, Va., May 12 -- Renowned luxury car manufacturer Jaguar will become the exclusive advertiser for the launch of Market Intelligence Center video business news website sect ... Continue reading

LoJack's Unmatched Effectiveness in Stolen Vehicle Recovery Highlighted by Three Recent Recovery Stories

LoJack's Unmatched Effectiveness in Stolen Vehicle Recovery Highlighted by Three Recent Recovery Stories

Valuable Assets Stolen and Recovered Multiple Times in One Year; Proven Radio Frequency Technology and Unique Relationship with Law Enforcement Key to Recovery Success WESTWOOD, Mass., May 12 -- LoJack Corporation's (http://lojack.com/) leadership in stolen vehicle recovery, based on its proven Radio Frequency technolo ... Continue reading

Germany Fertile Ground for Automotive Battery Manufacturers

Germany Fertile Ground for Automotive Battery Manufacturers

BERLIN, May 12 -- Automotive batteries is one of the major topics in the global auto industry. This is because energy storage is crucial in developing low emission powertrains using hybrid or fully electric technologies. According to the consultancy Advanced Auto Batteries, global growth in automotive batteries has inc ... Continue reading

Overview of Plug-in Hybrid Electric Vehicle Technology and the impacts that PHEVs will have on Load, Generation Costs and Emissions

Overview of Plug-in Hybrid Electric Vehicle Technology and the impacts that PHEVs will have on Load, Generation Costs and Emissions

DUBLIN, Ireland May 11, 2008; Research and Markets has announced the addition of "The Impact of Plug-in Hybrid Electric Vehicles on the Electric Industry" to their offering. The 1st Edition of Research Reports International's The Impact of Plug-in Hybrid Electric Vehicles on the Electric Industry report is a 45-page ov ... Continue reading

Twin Cities Teen Honored With National Award for Safe Teen Driving Efforts

Twin Cities Teen Honored With National Award for Safe Teen Driving Efforts

The Allstate Foundation's first annual 'Teen Activist of the Year Award' recognizes local 16-year old working to prevent car crashes - the No. 1 killer of teens MINNEAPOLIS, May 12 -- Natalie Hayford, 16, of Andover, Minn., has been selected to receive The Allstate Foundation's inaugural "Teen Activist of the Year Awar ... Continue reading

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