Toyota, Isuzu Suspend Joint Diesel Engine Project
Toyota Motor Corp has suspended a project to develop a 1.6-litre diesel engine with truck maker Isuzu Motors Ltd due to uncertainty over vehicle demand, Japan's top automaker said on Tuesday. The two automakers had planned to start producing the engines, to be mounted on Toyota cars in Europe, in 2012. "A decision was ... Continue reading
HEELS ON WHEELS: 2009 TOYOTA CAMRY HYBRID REVIEW
HEELS ON WHEELS By Katrina Ramser San Francisco Bureau The Auto Channel INTRO TO THE CAMRY HYBRID VEHICLE There are very few "sure things" to count on in life and the Toyota Camry is one of them. Although the mid-size sedan has built an incredible reputation, the design team hit a major homerun with last year's sleek r ... Continue reading
Another Consequence of Lower(ed) U.S. Gas Prices - Toyota Halts U.S. Prius Project
NASHVILLE December 15, 2008: According to Lindsay Chappell, writing for Automotive News, Toyota Motor Corp. is freezing its plan to build Prius hybrids in the United States as it battles a collapse in global profits by cutting spending. Toyotaâs board reached the decision late today, Japan time, to halt the $1.3 b ... Continue reading
BRICKYARD CROSSING INN CLOSES IMMEDIATELY; NEW HOTEL POSSIBLE IN FUTURE
INDIANAPOLIS, Monday, December 15, 2008: Brickyard Crossing Inn will close immediately and be razed in a few months, said Joie Chitwood, president and chief operating officer of the Indianapolis Motor Speedway Corporation. The motel was built in 1963 on the eastern edge of the IMS grounds. It has 96 rooms. âTo bri ... Continue reading
SCCA Announces 2009 RallyCross Schedule
TOPEKA, Kan. December 15, 2008: The rapidly-growing SCCA RallyCross program will hold 11 National Challenge events in 2009, including an East and West Championship. The season will be capped off with the third annual RallyCross National Championship. The 2009 RallyCross season begins much as 2008 did, with events at St ... Continue reading
Mighty as Associate Sponsor on #83
The familiar blue paint scheme of the No. 83 Red Bull Toyota driven by Brian Vickers will sport a new logo for the 2009 NASCAR Sprint Cup Series season as Mighty Auto Parts joins Red Bull Racing Team as an associate sponsor. Since 1963 Mighty has provided automotive service professionals with leading-edge sales tools, ... Continue reading
Harley-Davidson, Inc. President and CEO James L. Ziemer to Retire in 2009
Board of Directors Initiates Search for Successor MILWAUKEE, Dec. 15 -- Harley-Davidson, Inc. announced today that President and Chief Executive Officer James L. Ziemer has informed the Board of Directors that he intends to retire in 2009, capping a 40-year career with the Company. The Board of Directors has formed a s ... Continue reading
EVANSVILLE, Ind.--Today, Accuride Corporation (OTCBB: AURD) announced plans to significantly reduce its fixed costs and increase efficiencies through Phase Two restructuring initiatives including the consolidation of the Companyâs aluminum wheel facilities and redeployment of equipment in its component businesses. ... Continue reading
Dollar Thrifty Automotive Group Reinstates 401(k) Company Match for 2009
TULSA, Okla., Dec. 15 -- Dollar Thrifty Automotive Group, Inc. today reported that it will reinstate the company match portion of its 401(k) plan for employees in 2009. The Company will match employee contributions dollar-for-dollar up to 2 percent beginning in January 2009. Previously, the employee benefit had been su ... Continue reading
SEE ALSO: Acura Specs, Pics and Prices-Acura Buyers Guide HEELS ON WHEELS By Katrina Ramser San Francisco Bureau The Auto Channel INTRO TO THE ACURA TSX Slick, affordable, and great on fuel. Three attributes a woman is looking for in a 4-door sedan and the Acura TSX has it. Built on Honda's and extremely reliable platf ... Continue reading
U.S. Auto Aid Debate Hinges on Yesterday Vs. Tomorrow - Legacy Costs Biggest Difference
Washington DC December 15, 2008; The AIADA newsletter reported that in Smyrna, Tenn., a small town surrounding one of Nissan's busiest U.S. car plants, people have followed the news of the auto bailout with particular interest. Namely, they wonder, what about us? According to the Washington Post, the Altimas, Maximas, ... Continue reading
JOE GIBBS RACING WILL ONCE AGAIN GIVE THE ASA MEMBER TRACK CHAMPION A TRYOUT IN 2009
JOE GIBBS RACING WILL ONCE AGAIN GIVE THE ASA MEMBER TRACK CHAMPION A TRYOUT IN 2009 By: Kevin Ramsell DAYTONA BEACH, FL (Monday, December 15, 2009) - The American Speed Association has announced that Joe Gibbs Racing through its Joe Gibbs Driven Racing Oil will once again offer the 2009 ASA Joe Gibbs Driven Racing Oil ... Continue reading
U.S. News Media Group Names 2009 Best Cars for the Money
-Over 200 models evaluated based on U.S. News rankings, IntelliChoice.com cost analysis- WASHINGTON, Dec. 15 -- U.S. News Media Group, one of the nation's leading sources of service journalism and news analysis, today released its first annual Best Cars for the Money awards, available online at http://usnews.rankingsan ... Continue reading
Vehicle Service Key to Dealership Survival in Downturn, Says Urban Science
DETROIT, Dec. 15 -- According to retail consulting firm Urban Science, automotive dealerships should take advantage of every vehicle service opportunity to help assure their survival during the continuing economic downturn. Service and parts departments have long been profit generators for dealerships. With the recent ... Continue reading
Farnbacher Loles Racing - 2009 Porsche partner
Farnbacher Loles Racing will continue its strong association with Porsche in 2009. The team will again field a host of Porsche race cars in the American Le Mans Series, Grand-Am Rolex Sports Car Series and Patrón GT3 Cup Challenge. Farnbacher Loles will be a Porsche factory partner in the American Le Mans Series GT2 c ... Continue reading
London, Great Britain December 15, 2008: A1GP World Cup of Motorsport has today confirmed the Italian F3 Champion, Mirko Bortolotti, will drive the A1GP test car at the Portimao Circuit in the Algarve, Portugal from the 10-13 January after impressing Scuderia Ferrari at Fiorano recently. The 18-year-old had his first t ... Continue reading
Bake A Christmas 2008 Raises A Record $16,500 For Area Children
TALLADEGA, Ala. â Talladega Superspeedway officials joined the staff of WTDR Thunder 92.7 FM to raise a record $16,500 during the twelfth annual Bake A Christmas fundraiser Friday, December 12, 2008: The money raised will be used to provide Christmas gifts to less fortunate children throughout the trackâs sur ... Continue reading
Fancy Racing A Citroën Supercar Against The World Rally Champion On The Busiest Street In Paris?
Citroën is kicking off Christmas in style at its Champs-Élysées showcase, the C_42, with a new seasonal exhibition and an exciting competition giving visitors a once-in-a-lifetime chance to go head-to-head in a race against Citroën's five-time, World Rally Champion, Sébastien Loeb, in the stunning GTbyCITROËN - t ... Continue reading
Continental Announces Significant Expansion of its Newport News, Virginia Manufacturing Facility
AUBURN HILLS, Mich., Dec. 15 -- Today, Continental announced that the Company will significantly expand the products manufactured at its Newport News, Virginia facility as part of the on-going consolidation of manufacturing operations in the Company's Engine Systems business unit. The expansion will involve the relocat ... Continue reading
Seat Accessories: Packed With Value This Christmas
With last-minute present buying now in full swing, 'credit crunch' or no credit crunch, SEAT is reminding drivers of its latest range of extra-special Christmas treats for their cars. ... Continue reading
Volkswagen Sells Heavy Truck Business In Brazil To Man
Volkswagen AG is to sell its heavy truck business in Brazil to MAN AG, Munich. MAN will purchase Volkswagen Caminhões e Ônibus Indústria e Comércio de Veículos Comerciais Ltda (VW CO), Resende, for an enterprise value of EUR1.175 billion. Volkswagen anticipates that the sale will be completed in the first quarter ... Continue reading
-- New global Fiesta is off to a strong start in Europe in its first two months on sale, helping Ford's European operations gain market share despite weaker overall demand. -- The new Fiesta was Ford's second best-selling vehicle in Europe behind the Focus in November and is attracting a broader range of customers. Abo ... Continue reading
DUESSELDORF, Germany, Dec. 15 -- -- Investment in the powertrain of the future. -- Partnership between Evonik Industries and Daimler in Li-Tec pushes forward research, development and production of cells for lithium-ion batteries. -- Evonik and Daimler combine key technologies for success. -- Entry into a multi-billion ... Continue reading
ITW Reports 2.4 Percent Growth in Operating Revenues for Three Months Ended November 30, 2008
GLENVIEW, Ill., Dec. 15 -- Illinois Tool Works Inc. today reported an operating revenue increase of 2.4 percent for the three months ended November 30, 2008. Revenue growth for the three months was driven by contributions from acquisitions. Base revenues were negative for the three month period as North American and in ... Continue reading
BYD F3DM Electric Hybrid Car Goes On Sale
BYD F3DM electric hybrid car goes on sale http://www.gasgoo.com/auto-news/1008718/BYD-F3DM-electric-hybrid-car-go es-on -sale.html Shanghai, December 15 (Gasgoo.com) BYD, the upstart Chinese company best-known for making cell-phone batteries, began selling its F3DM hybrid electric car today in the Chinese market, said ... Continue reading
Changfeng, AM General in talks on Hummer bid
Changfeng, AM General in talks on Hummer bid http://www.gasgoo.com/auto-news/1008719/Changfeng-AM-General-in-talks-o n-Hum mer-bid.html Shanghai, December 15 (Gasgoo.com) Hunan Changfeng Motor Co is in talks with AM General LLC about a joint acquisition for Hummer brand, general manager of Changfeng Motor said. "We nev ... Continue reading
Commerce Ministry Set To Support Auto Exports
Commerce ministry set to support auto exports http://www.gasgoo.com/auto-news/1008725/Commerce-ministry-set-to-suppor t-aut o-exports.html Shanghai, December 15 (Gasgoo.com)The Ministry of Commerce will support auto exports in seven aspects, including credit and incentives, said Zhi Luxun, vice director of Department o ... Continue reading
Pep Boys Declares Quarterly Dividend
PHILADELPHIA--The Pep Boys â Manny, Moe & Jack , the nationâs leading automotive aftermarket retail and service chain, announced that its Board of Directors approved the payment of the next quarterly dividend of $.0675 per share payable on January 26, 2009 to shareholders of record on January 12, 2009. The an ... Continue reading
Mercedes-Benz is showing the way ahead in environmentally responsible electromobility by presenting its near-series Concept BlueZERO at the North American International Auto Show in Detroit. Based on a single vehicle architecture, this intelligent, modular concept allows three models with different drive configurations ... Continue reading
As part of the event 'Turin World Design Capital 2008', Studiotorino presents the Coupetorino
The COUPETORINO is a technical and stylistic study aimed at transforming series and off-set automobiles with reliable technical solutions while maintaining the car's identity. With this objective in mind the iconic Mercedes SL spider was chosen as a lone specimen. Its original architectural structure was transformed in ... Continue reading
Huet Brothers Launch New Chronograph
The HB Benefactor NERO is made in Switzerland and has a black anodized casing, black dial and a black leather strap with red stitching. ... Continue reading
Lear Withdraws 2008 Financial Guidance
Lear Corporation , a leading global supplier of automotive seating systems, electrical distribution systems and electronics products, today announced it is withdrawing its full-year 2008 financial guidance as a result of further weakness in global automotive demand and overall industry uncertainty. ... Continue reading
GM Holden Announces First Energy and Environment Director
GM Holden today announced the appointment of Richard Marshall as the first GM Holden Director - Energy and Environment, effective 12 January 2009. ... Continue reading
Positive Spirit of GM Daewoo Made 'Happy Christmas'
Refusing to allow the bleak economy to take away the Christmas spirit, the GM Daewoo Employee Foundation held a Christmas party for more than 300 orphans and disabled people at its Incheon headquarters. ... Continue reading
Lancia and the World Summit of Nobel Peace Laureates for human rights
Lancia is proud to be the main sponsor of the 9th World Summit of Nobel Peace Laureates, chaired by Mikhail Gorbachev and Walter Veltroni. ... Continue reading
Audi AG Honors Its Best Graduates
Leading by excellence: In a ceremony at the Design Center Ingolstadt, AUDI AG honored its best apprentices and students from the Ingolstadt and Neckarsulm locations today. They included the best in their class of the occupational training and dual studies in the StEP and BA programs. ... Continue reading
Daimler Trucks Acquires 10% Of Russian Truck Manufacturer Kamaz
Daimler AG, Kamaz, State Corporation 'Russian Technologies' and Troika Dialog signed an agreement in Moscow governing the exclusive strategic partnership and outlining the main principles and methods of co-operation between Kamaz shareholders. ... Continue reading
BMW M Sales Increase Despite Difficult Market Environment
BMW M GmbH has increased sales by over 50 per cent compared to last year, despite the current difficulties in the market environment. ... Continue reading
New Corporate Structure for Sime Darby in Australia
Rob Dommerson has been appointed Managing Director of the newly formed Sime Darby Motors Group Australia, which will consist of the existing Motors businesses of 'Peugeot Automobiles Australia' and 'Ssangyong Motors Australia'. ... Continue reading
Hyundai's New Tau V8 Engine in Ward's 2009 "10 Best Engines" List
Hyundai Motor Company's all-new 4.6 litre Tau V8 engine, which debuted in the premium Genesis sedan in the U.S. this year, has been named one of "Ward's 10 Best Engines" for 2009 by Ward's Auto World. This marks the first time a Hyundai engine has appeared within the prestigious "Ward's 10 Best Engines" list. ... Continue reading
The New BMW Z4 Roadster To Make North American Debuts at 2009 Detroit Auto Show - VIDEO ENHANCED
Poised to lead its market segment once again, the 2009 BMW Z4 Roadster will make its North American debuts at the 2009 North American International Auto Show on January 11. ... Continue reading
Hyundai's Genesis Named in NADAguides.com "Top 5 Luxury Cars for 2009"
Hyundai Motor Company's new rear-wheel drive premium sports sedan, the Genesis, was named a "Top 5 Luxury Car for 2009" by NADAguides.com, the world's largest publisher of vehicle pricing and information and a recognised authority for vehicle valuations. The list includes models from Jaguar, Bentley, Mercedes and Audi, ... Continue reading
SAIPA Unveils New Miniator in Iran
SAIPA, a state-owned Iranian automobile producer has unveiled its new Miniator this weekend. ... Continue reading
GM Announces Significant Production Cuts for Q1 '09
Moves In Direct Response to Rapidly Deteriorating Market Conditions DETROIT - General Motors announced today a significant reduction of planned production for the first quarter of 2009 due to the ongoing and severe drop in industry sales, which were down 36 percent in November overall and 41 percent for GM (2007 vs. 20 ... Continue reading
2009 FORD ESCAPE HYBRID 2.5-LITER ENGINE MAKES LIST OF 10 BEST; NAMED BY WARD'S AUTOMOTIVE GROUP
DEARBORN, Mich., Dec. 10, 2008 â Wardâs Automotive Group has named Fordâs redesigned Escape and Mariner hybrid engine to its 2009 10 Best Engines list. The 10 Best Engines list marks North Americaâs only awards program honoring powertrain excellence and is designed to reflect the diversity of powert ... Continue reading
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