Tuesday, October 14, 2008

Bridgestone Americas to Rename Company Operations

FOR IMMEDIATE RELEASE Contact: Media Center (877) 201-2373 Bridgestone Americas to Rename Company Operations NASHVILLE, Tenn. (Oct. 14, 2008) - Mark A. Emkes, Chairman and CEO of Bridgestone Americas Holding, Inc., today announced a plan to rename the company's operations effective Jan. 1, 2009. "Today we are announcin ... Continue reading

Kabe Exploration, Inc. Enters into Merger Agreement with Emission & Power Solutions, Inc.

CARLSBAD, Calif.--Kabe Exploration, Inc (OTCBB:KABX) announced today that it has executed an agreement and plan of merger to acquire all of the outstanding common stock of privately held Emission & Power Solutions, Inc (“EPS”). Closing of the merger is anticipated in October, 2008. Pursuant to the merger agre ... Continue reading

GMAC's new lending restrictions called 'scary'

<b>Want a loan? Credit scores over 700 required</b> DETROIT, MI. October 14, 2008: According to Donna Harris and Amy Wilson, writing for Automotive News, GMAC Financial Services said yesterday that it will only lend money to prime borrowers with credit scores of more than 700. The restriction would rule out one out of ... Continue reading

HEELS ON WHEELS: 2009 ACURA RDX REVIEW

HEELS ON WHEELS By Katrina Ramser The Auto Channel San Francisco Bureau INTRO TO THE ACURA RDX The 2009 Acura RDX is testament you need to start watching your crossovers more carefully. They are getting meticulously specific in their offerings to stand apart from the pack. Acura introduced this smaller crossover in 200 ... Continue reading

Oshkosh Corporation to Announce Fourth Quarter Earnings November 3, 2008

OSHKOSH, Wis.--Oshkosh Corporation , a leading manufacturer of specialty vehicles and vehicle bodies, will issue its fourth quarter fiscal 2008 financial results on November 3, 2008. The results will be discussed on a webcast beginning at 9:00 a.m. EDT. To access the webcast, investors should go to www.oshkoshcorporati ... Continue reading

Modern Technology Corp Acquires Hydrogen Fuel Injection Maker Generation H

OXFORD, Mass., Oct. 14 -- Modern Technology Corporation (Pink Sheets: MODC) announced today it acquired majority control in Generation H (GH) and has added it to the Company's growing portfolio of promising companies. MODC and GH have agreed to combine operations to better build GH's core business. As part of the agree ... Continue reading

Mazda2 Achieves 84mpg In Fuel Economy Challenge

After completing more than 410 miles on the gruelling ALD Automotive/TOTAL Excellium Fleet World MPG Marathon 2008, a Mazda2 diesel entered by Mazda Motors UK has secured a splendid second-place finish, recording an exceptional 84.58mpg. ... Continue reading

J. B. Hunt Transport Services, Inc. Reports Record Revenues and Earnings for the Third Quarter 2008

LOWELL, Ark.--J. B. Hunt Transport Services, Inc., announced record third quarter 2008 net earnings of $60.3 million, or diluted earnings per share of 47 cents vs. 2007 third quarter earnings of $50.8 million, or 38 cents per diluted share. Total operating revenue for the current quarter was $996 million, a 12% increas ... Continue reading

Hybrid Technologies Inc. Demos Lithium Power Vehicles at 2008 ALT Expo and Plug In America

MOORESVILLE, N.C.--Hybrid Technologies, Inc. (OTCBB:HYBR) (www.hybridtechnologies.com), emerging leaders in the development and marketing of lithium-powered products worldwide, was proud to take part in the 2008 ALT Expo as well as being invited to a special event held at the home of Chris Paine, director of “Who ... Continue reading

Johnson Controls-Saft Announces Second Lithium-Ion Hybrid Battery Production Contract

MILWAUKEE, Wisconsin, October 14 -- Johnson Controls-Saft will be providing lithium-ion batteries for BMW's 7 Series ActiveHybrid car, currently being showcased at the Paris motor show. Lithium-ion batteries are 30 percent smaller and 50 percent lighter than NiMH batteries used in hybrid electric vehicles (HEVs) on the ... Continue reading

Navistar Expands Hybrid Truck Line

SOUTH BEND, Ind.--Navistar , is continuing its commitment to innovation and development of environmentally responsible vehicles with the expansion of its industry-leading line of diesel electric hybrid trucks. At this week’s Hybrid Truck Users Forum in South Bend, Ind., Navistar unveiled an additional hybrid truck ... Continue reading

Bridgestone Americas Restructures Tire Operations

FOR IMMEDIATE RELEASE Contact: Media Center (877) 201-2373 Bridgestone Americas Restructures Tire Operations NASHVILLE, Tenn. (Oct. 14, 2008) - Bridgestone Americas Holding, Inc. (BSAH) today announced a restructuring of its Americas tire operations effective as of Jan. 1, 2009. Asahiko "Duke" Nishiyama will lead the n ... Continue reading

Toyota Financial Services Introduces Toyota Rewards Visa to Help Consumers

Toyota Rewards Visa cardmembers earn Toyota Rewards Points that can be redeemed toward parts and accessories, an eligible vehicle lease or purchase, or service from participating Toyota dealerships. TORRANCE, Calif., Oct. 14 -- Americans' love affair with their vehicles drives them to spend nearly 18 cents of every dol ... Continue reading

New Biodiesel Blend Specifications Published by ASTM International

Specs for Finished Blends Help Facilitate Commerce for Biodiesel Industry JEFFERSON CITY, Mo., Oct. 14 /PRNewswire-USNewswire/ -- Biodiesel is reaching new heights as a proven fuel, bolstered by new quality specifications for biodiesel blends published by ASTM International. Biodiesel producers, petroleum companies, en ... Continue reading

Cummins Inc. Declares Quarterly Common Stock Dividend

COLUMBUS, Ind.--The Board of Directors of Cummins Inc. today declared a quarterly common stock cash dividend of 17.5 cents per share, payable Dec. 1, 2008 to shareholders of record on Nov. 21, 2008. About Cummins Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufact ... Continue reading

10 Biggest Auto Sales Losers

Washington DC October 14, 2008; Deals on slow-selling models that don't get high gas mileage can sometimes be enough to offset the cost of the extra gas they use. To help consumers make smart decisions, Forbes has tracked down the top 10 vehicles with the biggest sales losses this year. Six out of the top 10 vehicles w ... Continue reading

GDNAuto and CU Lending Solutions Partner to Maximize Auto Loan Portfolio Opportunities

ALAMO, Calif. & LOS ANGELES--A new partnership announced today will make it easier for credit unions to increase the size and scope of their auto lending business and more effectively and efficiently manage portfolio risk. An agreement between Global Debt Network Automotive (www.gdnauto.com) and CU Lending Solutions, L ... Continue reading

Zag Names Brenner to Head Consumer Initiatives, Appoints Innovators from Outside Auto Industry

SANTA MONICA, Calif.--Zag (http://www.zag.com), the online no-haggle car-buying platform that connects ready buyers with certified dealers through trusted affinity groups, today announced it has promoted Business Development head Bernie Brenner to Executive Vice President in charge of its Consumer initiatives. At the s ... Continue reading

Daimler Trucks North America Plans Decisive Response to Changed Economic Environment

- Focus on a two brand strategy: discontinuation of Sterling Trucks brand - Consolidation of manufacturing plant network - Expected annual earnings improvements of $900 million by 2011 - Estimated program costs of $600 million STUTTGART, Germany and PORTLAND, Ore., Oct. 14 -- Daimler Trucks North America (DTNA) today a ... Continue reading

Kia Motors posts 2.7% increase in September global sales

NEWS FOR IMMEDIATE RELEASE CONTACT: Michael Choo ( <mailto:cdore@kia.co.kr> mjc@kia.co.kr), International Communications Manager, Kia Motors Corporation, Tel: +82-2-3464-5663 Kia Motors posts 2.7% increase in September global sales - Cumulative sales surpass one million units over first nine months of 2008, increasing ... Continue reading

Hyundai-Kia China has import permit revoked

Hyundai-Kia China has import permit revoked http://www.gasgoo.com/auto-news/1008023/Hyundai-Kia-China-has-import-pe rmit- revoked.html Shanghai, October 14 (Gasgoo.com) Industry sources said that the import permit of Hyundai-Kia Auto (China) has been suspended because of complaints from dealers, said Beijing Morning Po ... Continue reading

Bosch to see '08 China sales revenue up 30%

Bosch to see '08 China sales revenue up 30% http://www.gasgoo.com/auto-news/1008028/Bosch-to-see-08-China-sales-rev enue- up-30.html Shanghai, October 14 (Gasgoo.com) Bosch Chairman Franz Fehrenbach announced in Beijing on October 13 that Bosch' sales revenue in China is expected to reach 2.3 billion euros, a 30% incre ... Continue reading

Volkswagen Bluemotion: Now With The Option Of Seven Seats

Volkswagen's BlueMotion range of vehicles has expanded with the addition of the Touran and Sharan people carriers - which are among the most efficient seven-seater vehicles on the market. ... Continue reading

BYD to launch all-electric car in H2, 2009

BYD to launch all-electric car in H2, 2009 http://www.gasgoo.com/auto-news/1008022/BYD-to-launch-all-electric-car- in-H2 -2009.html Shanghai, October 14 (Gasgoo.com) Chairman of BYD Auto Co said at the China Hi-Tech Fair yesterday that the company plans to launch its pure electric car by the second half of 2009, report ... Continue reading

Toyota Dominates Fleet World MPG Marathon - Yaris Achieves Lowest Overall Consumption

A Yaris driven by Andrew Andersz and Gary Luton achieved the highest overall fuel economy in the 2008 ALD Fleet World MPG Marathon. Seeing off stiff competition and winning Toyota top spot for the third year running, the Yaris 1.4 D-4D achieved 84.66 mpg, the highest figure attained out of all the 39 vehicles which too ... Continue reading

Five-Star Drive: Mercedes-Benz Releases the New-Generation M-Class 4MATIC SUV Range in Australia

Mercedes-Benz has meticulously revamped the successful M&#8209;Class. The new generation of the dynamic, stylish SUV now has even more distinctive characteristics, and looks even sportier and more powerful. ... Continue reading

Used Car Buyers Look To Go Private

A sharp rise in the number of people who would prefer to buy their car privately rather than from a dealer is a potential problem for the industry. That is the view of Exchange & Mart after research suggested that more people than ever would prefer to buy their car from a private seller. ... Continue reading

Going The Extra 'Green' Mile

The real benefits of 'smarter' motoring came into sharp focus this week when competitors in the 2008 ALD Automotive /TOTAL Excellium MPG Marathon proved beyond doubt that skilful eco-driving can dramatically reduce the cost of motoring and cut the amount of CO2 emissions produced by Britain's 30 million motorists. ... Continue reading

Toyota owners reap new rewards: Toyota Financial Services introduces Toyota Rewards Visa

Torrance, CA October 14, 2008; Americans' love affair with their vehicles drives them to spend nearly 18 cents of every dollar on transportation each year — with the majority going to car ownership and maintenance (U.S. Bureau of Labor Statistics' Consumer Expenditure Survey). Given that vehicle ownership is not o ... Continue reading

Pack Up Your Troubles And Head For The 2008 Classic Motor Show

The credit crunch, falling house prices, rocketing gas and electric prices. Enough's enough! Hit the rewind button to a time when the average mortgage was thruppence ha'penny, petrol cost less than ginger beer and cream eggs were definitely much bigger! Give yourself a weekend off by escaping to the Classic Motor Show, ... Continue reading

Fiat And The AA Go The Extra Miles With Eco:Drive

Fiat has teamed up with the AA motoring organisation to show how the company&#8217;s new eco:Drive system really can help motorists save fuel and lessen their impact on the environment. ... Continue reading

Owners Get The Chance To Sell Racing Cars At The London Motorsport Show Incorporating Race Car Live!

Private owners will have the opportunity to sell their second hand race cars in a dedicated area sponsored by Race Cars Direct at this year's London Motorsport Show incorporating Race Car Live, held at Brands Hatch on 22nd/23rd November. The space will be given to the owners free of charge as part of their entrance int ... Continue reading

Chevrolet Announces Pricing for the 2010 Camaro

Lineup Includes Fun and Efficient V-6 models rated at 27 mpg and High-Performance Camaro SS DETROIT – Chevrolet today announced pricing for the all-new, 2010 Camaro. It starts at $22,995 MSRP for the V-6-powered LS model, and $30,995 for the V-8-powered Camaro SS (all prices include $750 destination charge). Custo ... Continue reading

German Federal President's Prize For Innovation And Advanced Technology

The Office of the German Federal President has announced its shortlist for the 2008 German Future Prize, the award for innovation and advanced technology. From the many first-class entries, the panel of experts has selected four outstanding projects for the final decision which Federal President Horst Köhler will anno ... Continue reading

Delphi Technologies Keep New Ferrari California Cool, Wired and Smooth

Delphi Corp. is supplying key systems to the new Ferrari California, the latest addition to the legendary Italian automaker's sporty Grand Tourer segment, which recently made its debut at the Paris Motor Show. ... Continue reading

Audi Mileage Marathon - Confirmation of Excellent Efficiency

As the Audi Mileage Marathon progresses, TDI technology continues to demonstrate its exceptionally efficient use of fuel. With more than half of the 8,000-kilometer (4,971-mile) route now completed, 90 drivers from twelve countries have already driven the 23-vehicle fleet. ... Continue reading

2009 Grand-Am KONI Challenge Series Schedule Boasts Eleven Races from Atlantic to Pacific Coast

DAYTONA BEACH, Fla. October 13, 2008: Eleven races, spanning from coast to coast and across two countries, will make up the 2009 Grand-Am KONI Challenge Series schedule, which Grand-Am Road Racing officials announced today. Seven of those races will be held in conjunction with Grand-Am Rolex Sports Car Series presented ... Continue reading

LIZARDS TAKING IN LONG-AWAITED CHAMPIONSHIP

Braselton, GA. October 13, 2008: Flying Lizard Motorsports has wrapped up the GT2 driver and team championships heading into this weekend's race at Mazda Raceway Laguna Seca. So it's true after all...the best things do come to those who wait. There is no need to tell that to anyone at Flying Lizard Motorsports now that ... Continue reading

Magneti Marelli to be Official Technical Partner of A1GP World Cup of Motorsport

LONDON, October 13, 2008: A1GP World Cup of Motorsport is delighted to announce that Magneti Marelli is to be the official technical partner of the series for the 2008/09 season. Under the terms of the agreement, A1GP will utilise Magneti Marelli electronic systems in many key areas of the new A1GP Powered by Ferrari c ... Continue reading

STEP OUT WALK TO FIGHT DIABETES THIS SATURDAY AT THE MILWAUKEE MILE

West Allis, Wis. October 13, 2008 – This Saturday, October 18, race fans and the local community will get the rare opportunity to make laps on foot around the historic Milwaukee Mile race track in the annual STEP Out Walk to Fight Diabetes. This is the second straight year that the largest American Diabetes Associ ... Continue reading

PENSKE RACING REPORT - October 13, 2008

Kurt Busch Leads Penske Racing Results at Lowe's Motor Speedway CONCORD, N.C. – Penske Racing drivers Kurt Busch, Ryan Newman and Sam Hornish Jr. finished third, 21st and 22nd respectively in Saturday night's Bank of America 500 NASCAR Cup Series race at Lowe's Motor Speedway. After adverse weather forced official ... Continue reading

ExxonMobil Wins Innovation Award for Battery Separator Film Technology

HOUSTON--ExxonMobil Chemical announced today that it has received a leading industry innovation award for its battery separator film technology. The technology, pioneered by a team of ExxonMobil scientists led by Dr. Pat Brant, won the 2008 ICIS Chemical Business award for Best Product Innovation because it can signifi ... Continue reading

Dollar Thrifty Automotive Group Announces Executive Officer Changes

TULSA, Okla., Oct. 13 -- The Board of Directors of Dollar Thrifty Automotive Group, Inc. today announced that it has approved changes to the Company's executive management team. Effective today, Scott L. Thompson was appointed as the Company's new President and Chief Executive Officer, succeeding Gary L. Paxton, and wi ... Continue reading

Dana Holding Corporation to Host Conference Call and Webcast on November 6

TOLEDO, Ohio, Oct. 13 -- Dana Holding Corporation will announce its 2008 third-quarter and nine-month financial results on Thursday, Nov. 6, 2008. At 10 a.m. ET, on that date, members of the company's senior management team will host a conference call and supporting webcast to discuss these results and answer related q ... Continue reading

DURA Automotive Systems Announces Global Reorganization and Other Business Updates

ROCHESTER HILLS, Mich.--DURA Automotive Systems, Inc. (Pink Sheets: DRRAQ) today announced a comprehensive restructuring of the company into four global business units, aimed at strengthening its competitive position worldwide. In addition, DURA announced several other significant corporate events, including $1 billion ... Continue reading