Lear Announces Aggressive Cost Reduction Actions Targeting $150 Million in Operating Improvements
SOUTHFIELD, Mich., Oct. 15 -- Lear Corporation , a leading global supplier of automotive seating systems, electrical distribution systems and electronics products, today announced aggressive cost reduction actions targeting an additional $150 million of improvement in operating performance over the next twelve months. ... Continue reading
Briggs & Stratton Corporation Announces Results of Annual Meeting
MILWAUKEE, Oct. 15 -- Briggs & Stratton Corporation : Briggs & Stratton Corporation announced the following results of its Annual Meeting held today: Shareholders reelected Michael E. Batten, Keith R. McLoughlin and Brian C. Walker as directors to terms expiring in 2011. Shareholders ratified the selection of Pricewate ... Continue reading
Volvo Technology Transfer AB Investment Sparks Global Expansion Program at Coherix
ANN ARBOR, Mich.--Volvo Technology Transfer AB of Göteborg, Sweden, has finalized an investment in Coherix, Inc. (an Ann Arbor-based company) to accelerate the launch of Coherixâs European operations. Coherix develops high-tech systems to improve engine-manufacturing quality. The investment is part of a compreh ... Continue reading
You Can Beat EPA's Gas Mileage Estimate!
You Can Beat EPA's Gas Mileage Estimate! The odds are you can get better fuel economy than your car's EPA rating. More than 75% of the 25,000 drivers who have chosen to share their fuel economy experience via the Department of Energy's Your MPG feature on www.fueleconomy.gov <http://www.fueleconomy.gov/> are beating th ... Continue reading
Consumer-Generated Content Proves Beneficial for Consumers during the New-Vehicle Shopping Process WESTLAKE VILLAGE, Calif., Oct. 15 -- New-vehicle buyers are using the Internet more than ever when researching vehicle information, according to the J.D. Power and Associates 2008 New Autoshopper.com Study(SM) released to ... Continue reading
Record-High Levels of New-Vehicle Buyers Turn to the Internet for Information
J.D. Power and Associates Reports: Record-High Levels of New-Vehicle Buyers Turn to the Internet for Information As Buying Habits Shift to Smaller Vehicles Consumer-Generated Content Proves Beneficial for Consumers during the New-Vehicle Shopping Process WESTLAKE VILLAGE, Calif.: 15 October 2008 â New-vehicle buye ... Continue reading
40 New 2009 Honda Civic Models Available - Which One Is Right For You?
Are you planning on buying a 2009 Honda Civic? Well in 2009, Honda is producing and selling over 40 2009 Civic models...16 Honda Civic Sedans; 12 Honda Civic Coupes; 4 Honda Civic Hybrids and One Honda Civic GX that runs on CNG. ... Continue reading
Ferrari Takes Microsoft's New High-Performance Computing for a Spin
MARANELLO, Italy, October 15 -- - Desk-side supercomputing is poised to revolutionise automotive design and engineering. Two of the most dynamic, high-performance companies in the world joined forces today when Ferrari SpA decided to use Microsoft Corp's newest high-performance computing (HPC) technology to push the bo ... Continue reading
Top 5 Vans for 2009 Announced by NADAguides.com
COSTA MESA, Calif., Oct. 15 -- As 2009 vans hit showrooms across the U.S., the experts at NADAguides.com, a leading vehicle pricing and information website, today announced their top 5 minivan picks, as well as honorable mention in the full size van category. "Today's vans aren't just for soccer moms anymore," said Don ... Continue reading
New GKN Driveline Factory Begins Production in Shanghai
SHANGHAI--GKN Driveline Torque Technology has started volume production of transmission differentials for major domestic and overseas vehicle manufacturers at its new wholly-owned facility in Pudong, Shanghai, China. "This is an important milestone for our expanding presence in China,â said Graeme Walford, managin ... Continue reading
SOUTH SAN FRANCISCO - October 15, 2008: The second annual Western Automotive Journalistsâ "Fall Classic: Future Fuels and Propulsion Systems" program will take place Wednesday, October 15 at the Basque Cultural Center, 599 Railroad Avenue, South San Francisco, CA 94080. The production plug-in Chevy Volt has been r ... Continue reading
Brilliance China Automotive Holdings Limited To Propose Cancellation of Outstanding Options
HONG KONG, Oct. 15 /Xinhua-PRNewswire-FirstCall/ -- The Board proposed: -- to cancel the outstanding Options granted under the 2002 Share Option Scheme; and -- to adopt the New Share Option Scheme to replace the 2002 Share Option Scheme. A circular containing a summary of the details of the outstanding Options to be ca ... Continue reading
Tianjin FAW to build own-brand car on 9G Corolla platform
Tianjin FAW to build own-brand car on 9G Corolla platform http://www.gasgoo.com/auto-news/1008042/Tianjin-FAW-to-build-own-brand- car-o n-9G-Corolla-platform.html Shanghai, October 15 (Gasgoo.com) Tianjin FAW said it will produce the company¡¯s first A-level car based on Toyota¡¯s ninth-generation Corolla platform, ... Continue reading
Mercedes-Benz Sept sales up 60% y/y in China
Mercedes-Benz Sept sales up 60% y/y in China http://www.gasgoo.com/auto-news/1008039/Mercedes-Benz-Sept-sales-up-60- y-y-i n-China.html Shanghai, October 15 (Gasgoo.com) The September sales of Mercedes-Benz grew 60% year on year to 4,400 units in mainland China, Hong Kong and Macau, said xinhuanet.com today. The sales ... Continue reading
China to hear evidence in Geneva over auto parts
China to hear evidence in Geneva over auto parts http://www.gasgoo.com/auto-news/1008036/China-to-hear-evidence-in-Genev a-ove r-auto-parts.html Shanghai, October 15 (Gasgoo.com) Representatives from China's Ministry of Commerce will arrive at WTO headquarters in Geneva to hear the evidence and wait for the final rulin ... Continue reading
Smart Power in Series - Sales start for the Lorinser Fortwo with 101 HP
After the fast-moving study, Sportservice Lorinser is now bringing the series version of the Fortwo on the road: it was worth waiting, as the look and driving experience of the power dwarf remain almost unfiltered. 101 HP (74 kW) - more than in any factory version - provide a smart power caracteristics in any situation ... Continue reading
Cap Your Motoring Costs With Chevrolet's Three-Year Motoring Package
Unless you've been hiding under a rock for the past 12 months, it's a fair bet that you've been paying a lot more attention to the cost of living. ... Continue reading
Special Edition Fabia Is A Headturner
Skoda has just released a funky special edition Fabia BlueLine, guaranteed to turn heads in the street and bring a smile to drivers who are in for a £750 treat of additional equipment at a price of just £160. ... Continue reading
Plug-In Safety Drive Connecting With Electricians
A joint effort is being launched to spark fresh interest in vehicle safety. Industry body the National Industrial Council for Electrical Installation Contractors, van racking specialist Sortimo, and vehicle manufacturer Ford are hoping to connect with electricians and other trades during the Interbuild show for the con ... Continue reading
Buy A Diesel Captiva For The Price Of A Petrol Model!
Cost-conscious motorists often weigh up the difference between buying a petrol car at list price and paying extra for its increased fuel consumption, or spending a little more to own a diesel in the first place and save when they pull up to the pumps. ... Continue reading
New Managing Director For Volvo Car Uk
Volvo Car Corporation has appointed Peter Rask as the managing director of Volvo Car UK and regional president of UK, Ireland and Iceland with effect from 1 January 2009. He will replace Stuart Kerr who has been appointed Regional President - Europe with immediate effect. ... Continue reading
The A-class Once Again Sets the Standards for Safety, Comfort and Environmental Protection
With more than 500,000 units produced within three and a half years, the A-Class is among the bestsellers in the Mercedes-Benz passenger car range. Now the latest generation of this compact car is showing itself to be more youthful, attractive and environmentally compatible than ever before. ... Continue reading
EDF and PSA Peugeot Citroën Partner to Support Development of Electric Vehicles and Plug-In Hybrids
EDF and PSA Peugeot Citroën have formed a partnership to support the development and future marketing of electric vehicles and plug-in hybrids. The cooperative agreement covers several technological programmes, including: The definition of business models capable of driving the commercial development of electric vehic ... Continue reading
Five-Star Sports Touring: Mercedes-Benz Releases the New-Generation B-Class in Australia
After three successful years, Mercedes-Benz has overhauled the design and engineering of the B-Class. The facelift programme focused on environmental compatibility, economic efficiency and comfort, with further advances being made in each of these areas. ... Continue reading
"ContiRunningDay 2008": Around 10,000 Employees Run Worldwide for a Good Cause
On your mark! - Get set! - Go! On ContiRunning Day 2008 on October 11, around 10,000 Continental employees at sixty locations went to the start to run or walk for a good cause. Staged under the motto "Fit for the future", ContiRunningDay 2008 was a huge success. ... Continue reading
Renault Worldwide Sales Results, September 2008
The Renault group sold 195,647 vehicles (PC+LCV) worldwide in September 2008 under the three brands, Renault, Dacia and Renault Samsung Motors. This figure was up 1% on September 2007. Renault brand sales decreased 2.6%, Dacia sales rose 53.4%, and Renault Samsung Motors reported a 12.5% fall. ... Continue reading
Mercedes-Benz Expands Brand Portal For Cell Phones
Mercedes-Benz is increasing its mobile marketing activities by expanding its brand portal for mobile terminals at www.mercedes-benz.mobi. The portal's existing four sections New Vehicles, Brand World, Entertainment, as well as Service and Contact, have been joined by additional entertainment platforms such as Mercedes- ... Continue reading
HondaF1 Racing- Japanese Grand Prix Report
At the conclusion of an eventful Japanese Grand Prix, the Honda Racing F1 Team's Rubens Barrichello and Jenson Button finished in 13th and 14th positions respectively. Having both adopted one-stop strategies, the Honda drivers made excellent starts from the penultimate row of the grid, which enabled them to benefit fro ... Continue reading
INDYCAR SERIES - October 14, 2008
1. IndyCar Series teams load in for 7,800-mile trip to Australia: One by one, IndyCar Series teams headed to the Indianapolis International Airport on Oct. 14. Under cloudy skies, they dropped off cars and equipment to be loaded onto two 747 airplanes. The next time they see the equipment it should be under sunny skies ... Continue reading
Concord, NC. October 14, 2008: A season-ending short track race, an overly aggressive rival and a ticked off points leader created a recipe for disaster in Sunday's ARCA RE/MAX Series race at Toledo Speedway. Red Bull's Scott Speed entered the race with a 90-point lead over Ricky Stenhouse Jr., whose unnecessary pressu ... Continue reading
International Motorsports Hall of Fame and Museum Announces Class of 2009
TALLADEGA, Ala. October 14, 2008: The International Motorsports Hall of Fame and Museum (IMHOF) proudly announced the 2009 Hall of Fame Induction Class today at Talladega Superspeedway. The five inductees, determined by a 125-person panel of international media, are: J.C. Agajanian, Donnie Allison, Jerry Cook, Bud Moor ... Continue reading
Kinser Seeks Consistency In World of Outlaws Sprint Series’ Return to California
INDIANAPOLIS, IN. Oct. 14, 2008: The long and grueling Advance Auto Parts World of Outlaws (WoO) Sprint Car Series 2008 season has been one of toughest on the competitors in recent years, primarily because of Mother Nature. Counting last Saturdayâs rainout in New Mexico, the WoO series has lost more than 25 nights ... Continue reading
Johnson Controls-Saft Announces Second Lithium-Ion Hybrid Battery Production Contract
MILWAUKEE, Oct. 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 road today. ( ... Continue reading
Cummins Announces Standby Commitment to Purchase $25 Million In Stock to Support Irwin Financial
COLUMBUS, Ind.--Cummins Inc. today said it has agreed to provide a standby commitment in support of the previously announced restructuring plan by Irwin Financial Corporation . Cummins will provide $25 million of the standby commitment through the purchase of IFC stock. The rest will come from individual investors. Bot ... Continue reading
China Automotive Systems Receives Orders From Dongfeng Peugeot Citroen on New Car Model
- Total Two Car Models Now Supplied by CAAS - WUHAN, Hubei, China, Oct. 14 /Xinhua-PRNewswire-FirstCall/ -- China Automotive Systems, Inc. , a leading power steering components and systems supplier in China, today announced that its subsidiary, Jingzhou Henglong Automotive Parts Co. ("Henglong"), has received orders fr ... Continue reading
Chinese Express Interest in Developing Turbine Truck Technology
DELAND, Fla.--Turbine Truck Engines, Inc. (âTTEâ) (OTCBB:TTEG) is pleased to announce that the company has received a Memorandum of Understanding from Aerospace Machinery and Electric Equipment Co., Ltd. (âAMECâ). The MOU, received on October 10th, followed talks that were held in Beijing last month ... Continue reading
Barrett-Jackson to Auction Seven Charity Vehicles at Inaugural Las Vegas Event
SCOTTSDALE, Ariz.--The Barrett-Jackson Auction Company will sell seven vehicles at No Reserve to benefit various charities during its inaugural Collector Car Event in Las Vegas Oct. 16-18, 2008, at the Mandalay Bay Events Center. The world leader in automotive auctions has been an advocate for charitable causes since i ... Continue reading
Exousia Begins Shipping PowerShield Coatings From Tianjin Facility
SUGAR LAND, Texas, Oct. 14 -- Exousia Advanced Materials, Inc. (OTC:EXOU) (BULLETIN BOARD: EXOU) announces that they are shipping industrial coatings orders produced at the company's PowerShield Industrial Coatings Blending Facility in Tianjin, China. Exousia produced a VISTAMER(R) based under-carriage coating for Huna ... Continue reading
GreenChek Announces a More Aggressive Strategic Plan Following 3rd Party Certification Results
SAN FRANCISCO--GreenChek Technology Inc. (OTCBB:GCHK), a leading globally focused provider of hydrogen based technology for mobile transportation and stationary power generation applications, reported today that they are fast-tracking their Strategic Sales Plan as a result of the certification process which confirmed p ... Continue reading
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