Grant Thornton LLP Predicts a Collapse of Automotive Supply Chain
- Supply Base Needs to be Reduced by 500 Tier One Suppliers - Government, Automakers, Suppliers and Lenders Need to Sit at Same Table - Firm Calls for Bankruptcy Code Revisions and Anti-Trust Provisions to Allow Collaboration DETROIT, March 13 -- The economic impact of a General Motors or Chrysler bankruptcy is being d ... Continue reading
2009 Kia Borrego EX 4x2 Review
MORE: Compare Kia Specs and Prices - Kia Buyers Guide DRIVING DOWN THE ROADWITH CAREY RUSS 2009 Kia Borrego EX 4x2 When development of the Kia Borrego started, SUVs were almighty popular and an upscale large-midsize SUV seemed like the perfect vehicle to expand the Korean automaker's range and presence in the American ... Continue reading
Vehicle Make / Model/ Model Year HUMMER / H3T 2009 Manufacturer: GENERAL MOTORS CORP. Mfr's Report Date: MAR 10, 2009 NHTSA CAMPAIGN ID Number: 09V080000 NHTSA Action Number: N/A Component: FUEL SYSTEM, GASOLINE:STORAGE:TANK ASSEMBLY Potential Number of Units Affected: 1738 Summary: GENERAL MOTORS IS RECALLING 1,738 MY ... Continue reading
Rod Hall Racing and Team Miller-Fisher Debut as the Sole US Team in the Rallye Aicha des Gazelles
RENO, Nev., March 13 -- Rod Hall Racing marks its first attendance in the 19th edition of the Rallye Aicha des Gazelles on March 14-28th in Morocco. The team will be led by Rod Hall Racing driver Emily Miller and world extreme skiing champion and former Olympian Wendy Fisher. Miller will pilot an Isuzu D-Max and Fisher ... Continue reading
GM Recalls 276,000 2009 Chevrolets, GMCs, Saturns, Buicks and Pontiacs
Vehicle Make / Model: Model Year(s): BUICK / ENCLAVE 2009 CHEVROLET / COBALT 2009 CHEVROLET / HHR 2009 CHEVROLET / MALIBU 2009 CHEVROLET / TRAVERSE 2009 GMC / ACADIA 2009 PONTIAC / G5 2009 PONTIAC / G6 2009 SATURN / AURA 2009 SATURN / OUTLOOK 2009 Manufacturer:: GENERAL MOTORS CORP. Mfr's Report Date: MAR 06, 2009 NHTS ... Continue reading
DEARBORN, Mich., March 13 -- One lucky race fan will get a chance to win one hot ride in Motorcraft Racing and Quick Lane Tire & Auto Center's Race Hot Sweepstakes. One grand prize winner will drive away in an all-new 2010 Ford Mustang GT equipped with Ford Racing Performance Parts package and upgrades courtesy of Ford ... Continue reading
Robby Gordon San Felipe 250 Preview
San Felipe, Mexico March 13, 2009: While the NASCAR Sprint Cup Series enjoys a weekend off, Robby Gordon is preparing to return to his desert racing roots by participating in the 23rd annual Tecate SCORE San Felipe 250. After winning the season-opening Laughlin Desert Challenge, Gordon and his No. 77 Monster Energy / T ... Continue reading
Tire Rack SCCA National Solo Season Begins
TOPEKA, Kan. March 13, 2009: After a long winter of anticipation, the 2009 Tire Rack® SCCA Solo National season kicks off this weekend in the deep south. The Tire Rack Dixie National Tour will commence today with a Test N Tune and wrap up on Sunday, March 15, with the customary trophy presentation. For the third year ... Continue reading
International Motorsports Hall of Fame Releasing Weekly Features on Class of '09 Inductees
TALLADEGA, Ala. March 13, 2009: The International Motorsports Hall of Fame announced today that feature stories on each of its five inductees will be released weekly leading up to the induction ceremony on Thursday, April 23rd. Race fans will be able to find the stories online at www.motorsportshalloffame.com and www.t ... Continue reading
Talladega Superspeedway Enticing Fans With Fairway To Speedway Offer
TALLADEGA, Ala. March 13, 2009: Talladega Superspeedway is encouraging race fans traveling to Alabama for the Aaronâs Dream Weekend to bring their golf clubs and hit the links on the legendary Robert Trent Jones Golf Trail (RTJ). The new Fairway to Speedway offer gets race fans two tickets to the Aaronâs 499 ... Continue reading
Realtree's Bill Jordan to Drive in Celebrity/Legends Race at Bristol
Columbus, Ga. March 13, 2009: Bristol Motor Speedway announced recently that Realtree Founder and President Bill Jordan will drive a Team Realtree car, furnished by Richard Childress Racing, in the first annual Scotts Saturday Night Special Celebrity/Legends Race at Bristol Motor Speedway. Jordan's role in the race is ... Continue reading
Subaru Forester 2.5X and Subaru Impreza 2.5i Win High Marks for Performance, Value, Safety, Design and Cargo Space CHERRY HILL, N.J., March 13 -- Kiplinger's Personal Finance has recognized two 2009 Subaru models in the magazine's 2009 Car Buyer's Guide. The all-new 2009 Subaru Forester 2.5X has been designated "Best N ... Continue reading
World Challenge Contingency Sponsors Announced
TOPEKA, Kan. March 13, 2009: With the Toyo Tires SCCA Pro Racing SPEED World Challenge Season Opener at Sebring less than a week away, competitors have a bevy of contingency programs to choose from for 2009. Auto manufacturers American Honda, BMW North America, MAZDASPEED and Volkswagen of America will each offer gener ... Continue reading
Good Afternoon, Please consider the press release below, entitled, "Freymiller Inc. Receives First Place in Oklahoma Trucking Association & Great West Casualty's Outstanding Achievement for Highway Safety" for inclusion in your next publication. Thank you, Message sent on behalf of: Lindsae Gogulski Member Services Acc ... Continue reading
China Carmakers Look To Joint Purchase Of Steel
China carmakers look to joint purchase of steel http://www.gasgoo.com/auto-news/1009640/China-carmakers-look-to-joint-p urcha se-of-steel.html Shanghai, March 13 (Gasgoo.com) Five Chinese automakers are planning to start joint procurement of steel materials and tires in an effort to cut their purchasing costs, Chinese ... Continue reading
TG Daily Reports MIT Revamps Li-ion Batteries To Fully Recharge in Seconds, not hours
General Sciences By Rick C. Hodgin Wednesday, March 11, 2009 13:01 Cambridge (MA) - MIT engineers have developed a type of high-speed tunnel for transporting electrical energy through lithium iron phosphate, a well-known battery material. The discovery may yield lithium ion batteries that fully discharge and recharge i ... Continue reading
AVIC To Set Up EV Manufacturing Base In Henan
AVIC to set up EV manufacturing base in Henan http://www.gasgoo.com/auto-news/1009638/AVIC-to-set-up-EV-manufacturing -base -in-Henan.html Shanghai, March 13 (Gasgoo.com) Central China's Henan province yesterday signed a framework pact for strategic cooperation with the Aviation Industry Corp of China (AVIC), the count ... Continue reading
Re-engineered battery material could lead to rapid recharging of many devices
Beltway for electrical energy solves long-standing problem MIT News Office Elizabeth A. Thomson, News Office Camebridge MA March 11, 2009; MIT engineers have created a kind of beltway that allows for the rapid transit of electrical energy through a well-known battery material, an advance that could usher in smaller, li ... Continue reading
Gov't Urged To Allow Automaker's Overseas M&A
Gov't urged to allow automaker's overseas M&A http://www.gasgoo.com/auto-news/1009636/Gov-t-urged-to-allow-automaker- s-ove rseas-M-A.html Shanghai, March 13 (Gasgoo.com) Guangzhou Auto general manager Zeng Qinghong, a deputy to the ongoing session of the National People's Congress (NPC), said that Chinese automakers s ... Continue reading
Harbin Electric Announces Fourth Quarter and 2008 Annual Results
Annual Net Income up Fifty Percent on Eighty-Five Percent Rise in Sales Fiscal Year 2008 Financial Highlights -- Total revenues were $120.8 million, up 84.7% from $65.4 million in 2007 -- Net income was $25.4 million, up 50.2% from $16.9 million in 2007 -- Cash and cash equivalents were $48.4 million up from $45.5 mill ... Continue reading
China Yuchai Appoints New Principal Independent Auditors
SINGAPORE, March 13 /PRNewswire-Asia-FirstCall/ -- China Yuchai International Limited (''China Yuchai'' or the ''Company''), announced today that its Board of Directors, upon the recommendation of the Audit Committee, has decided to appoint Ernst & Young LLP, Singapore (''E&Y'') as its new principal independent auditor ... Continue reading
Lamborghini Releases First Images of the Murcielago LP 650-4 Roadster
The Roadster version of the Murciélago will offer an uprated 6.5 litre V12 engine that produces 650 hp (478 kW) along with permanent four-wheel drive: hence the model's LP 650-4 moniker. With 660 Nm of torque, top performance is at 0-100km/h (0-62mph) in 3.4 seconds. The top speed is around 330 Km/h (205mph). ... Continue reading
Goodyear Recognized on Fortune's Global Most Admired List
AKRON, Ohio, March 13 -- The Goodyear Tire & Rubber Company has once again been recognized as one of the most admired companies in the world by Fortune magazine. (Logo: http://www.newscom.com/cgi-bin/prnh/20050204/GTLOGO ) Among companies in Fortune's World's Most Admired Companies' Motor Vehicle Parts category, Goodye ... Continue reading
Renault Confirms Its 'Crisis-Period Labor Deal' Proposal
Renault management and trade union representatives met on March 10, 2009 to negotiate methods for short-time compensation at Renault s.a.s. The meeting follows the February 23 proposal for a 'crisis-period labor deal' based on solidarity, by maintaining net pay of up to 100% for all employee categories, and fairness, t ... Continue reading
This Is Not Your Father's American Speed Association
For Immediate Release American Speed Association PR THIS IS NOT YOUR FATHER'S AMERICAN SPEED ASSOCIATION DAYTONA BEACH, Fla. (March 13, 2009) - The American Speed Association was founded in 1968 as a Midwest Super Late Model Touring Series. On that premise, it was tremendously successful with a strong fan base and some ... Continue reading
Chrysler LLC Named to DiversityInc 2009 List of 25 Noteworthy Companies
-- List recognizes rising corporate leaders in managing diversity -- "Noteworthy Companies" have strong potential to be named to the Top 50 list next year AUBURN HILLS, Mich., March 13 -- The editors of DiversityInc magazine named Chrysler LLC to the magazine's 2009 list of 25 noteworthy companies. This annual list is ... Continue reading
Volkswagen Reports Record Unit Sales, Sales Revenue and Profit
Despite the dramatic deterioration in its business environment, the Volkswagen Group met its unit sales, sales revenue and earnings targets last year and recorded the best figures in its history. ... Continue reading
Safe on the Go with the "Bobsy"
Safety, best possible protection in case of an accident and easy handling. These features make the child safety seat "Bobsy G 0-1 ISOFIX" from Volkswagen Accessories the front runner in the crash test "Small Family Car" of the Euro NCAP (European New Car Assessment Programme). ... Continue reading
All New Volvo S80L - launch and start of production
On March 12th, Volvo Car Corporation launched the all-new Volvo S80L in Beijing, China. The prices and specifications of the 5 variants were presented. S80L is one of the safest premium cars tailor-made for China and will mark the arrival of Volvo in the centre of the Chinese premium car market. ... Continue reading
22 Cars for Teen Drivers From MSN
Washington DC March 13, 2009; The AIADA newsletter reported that when buying a vehicle, safety and reliability are important considerations. Teens and their parents should looks for cars with advanced safety features and good crash-test results. Large pickups and SUVs are not recommended for young, inexperienced driver ... Continue reading
Volvo Car Corporation Avoids Notices By Reducing Personnel Costs
Volvo Car Corporation has today signed a unique agreement with the local unions which most probably means that the company can avoid further employee separations. The agreement means that all employees - both white collars and blue collars - will contribute to lowering personnel costs in the company during 2009 through ... Continue reading
GM and Opel Launch Website to Support Fact-Based Discussion
The current need for bridge-financing for GM's European operations is rooted in a catastrophic economic crisis, the worst of its kind in more than 70 years. Given the significance of the situation politically and for society, it's only natural that rumor, speculation and urban myths should begin to circulate at this ti ... Continue reading
Fiat Bravo and the Cutting-Edge 'Eco:Drive'
After FIAT 500 and FIAT Grande Punto, also those buying FIAT Bravos with Blue&Me can use 'eco:Drive', a state-of-the-art system that gives drivers a better perception of their own driving style and how that influences consumption and emission of polluting substances. ... Continue reading
Bridgestone Potenza RE-11 Tire Brings Formula One Inspiration To The Street
Bridgestone Potenza RE-11 Tire Brings Formula One Inspiration To The Street Advanced âStealth Technologyâ helps RE-11 accelerate from the pack NASHVILLE, Tenn. March 12, 2009; Race car drivers around the globe have long relied on the leading-edge technology in Bridgestone Potenza⢠tires to carry them to ... Continue reading
200 MPG Aptera Heads to Washington
With its all-electric vehicle set for Q4 launch, SoCal manufacturer to update legislators about its American-made âaerodynamic marvelâ that gets the equivalent of more than 200 mpg VISTA, Calif. (Mar. 12, 2009) â The Obama Administration has established a goal for the U.S. transportation industry: put 1 ... Continue reading
Driving at high speeds, improving active handling safety and enjoying unforgettable events with like-minded people - all this is what the AMG Driving Academy stands for. The new programme for the 2009/2010 season offers an even wider choice of events during which sports car enthusiasts with racing ambitions can improve ... Continue reading
New Citroën Dispatch 2.0i Van And Range Improvements
Citroën is adding another new Dispatch model to its popular mid-size LCV range. The new Dispatch 1000 L1H1 2.0i 140 petrol-engined panel van is now on sale. In addition, the specification of most other Dispatch models has been further improved with the introduction- either as standard - or as part of option packs - of ... Continue reading
Nissan Announces Management Changes and Regional Structure Update
In its efforts to get the company through the current economic crisis and at the same time strategically position Nissan when conditions improve, Nissan International S.A. (NISA) today announced a series of executive appointments effective April 1, 2009. In addition, the newly created regional organisation that include ... Continue reading
European Investment Bank Loans Underline Importance of The Automobile Industry For Europe's Economy
The European automobile manufacturers welcome the EUR 3 billion in loans freed today by the European Investment Bank (EIB) to finance automotive projects, most of them concerning 'green' investments. ... Continue reading
Fast Start For Soul With First Award
'It's fun, it's distinctive and if you don't 'get it', you're too old' said Steve Chalmers, editor of Fast Car magazine, about the new Soul Burner when it was chosen as 'Best New Model' for 2009 in the annual Fast Car magazine Awards. ... Continue reading
Mercedes-Benz has today congratulated the Victorian government's decision to amend its current rules governing the types of cars young and probationary licence-holders are allowed to drive. ... Continue reading
Mini and Airstream. An Exciting Cooperation Set to Steal Hearts
Airstream Inc. and MINI have teamed up to offer the best in both design and functionality with a one-off MINI Cooper S Clubman and Airstream creation designed by Republic of Fritz Hansen. The concept will be presented for the first time at the INTERNI DESIGN ENERGIES exhibition in the courtyards of Università degli St ... Continue reading
European New Car Sales Droped 18% in February 2009
Car makers say February sales slid 18 pct across Europe, Germany lifted by government payouts BRUSSELS March 13, 2009; The AP reported that European car sales fell 18 percent in February from a year ago, with steeper drops avoided only by government subsidies, European auto makers association ACEA said Friday. It said ... Continue reading
New Audi Q5 Arrives in Australia
Audi's all-new Q5 compact, premium SUV has been officially launched in Australia and promises to write a new chapter for the brand Down Under with its versatile blend of on-road sophistication and off-road ability. ... Continue reading
Toyota To Build Cheaper Hybrids To Compete With Honda Insight Hybrid
TOKYO, March 13, 2009; Mayumi Negishi and Nathan Layne writing for Reuters reported that Toyota Motor Corp plans to develop a new low-price hybrid car aimed at undercutting rival Honda Motor Co's Insight, the Nikkei business daily reported on Friday. The new gasoline-electric car will sell at below 2 million yen ($20,5 ... Continue reading
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