Media Briefing With Chrysler President and CEO Tom LaSorda - LIVE VIDEO Today 1:30PM EDT
AUBURN HILLS, MI - May 15, 2007: Tom LaSorda, President and CEO, Chrysler Group, will host a media briefing to address questions regarding the agreement to sell the Chrysler Group to Cerberus Capital Management. To watch the live video webcast in broadband http://www.dcxmediaservices.com/live/hiband.asx. To watch in lo ... Continue reading
AutoTrader.com Partners with AskPatty.com
ATLANTA--AutoTrader.com, the ultimate automotive marketplace, today announced its partnership with AskPatty.com, making the company the primary provider of used and certified pre-owned vehicle listings for the women-advocate automotive website. Under the agreement, AutoTrader.com will receive prominent placement on the ... Continue reading
Washington DC May 15, 2007; The AIADA newsletter reported that BMW, in order to counter a strong euro, will build the next-generation X3 mid-size sport utility vehicle in its U.S. plant in Spartanburg, South Carolina, the company said on Tuesday. According to ABC News, the world's largest premium carmaker will expand t ... Continue reading
Auto Show Season Brought Big Changes for Many Brands
By Jim Koscs AIADA Contributing Editor This yearâs auto show season brought a significant number of new vehicle announcements and introductions, many with an overlying message: transition. Eight companies told AIADA how their newest vehicles convey identity and direction for their respective brands. Rear-Wheel Dri ... Continue reading
Scania Presents the Bus of the Future: World-Premire for Scania's Ethanol Hybrid Bus
STOCKHOLM, Sweden--A full-size low-floor city bus that cuts fossil CO2 emissions by up to 90 percent if fuelled with ethanol and saves at least 25 percent fuel â thatâs the essence of Scania's hybrid bus concept. The concept bus is conceived to make a major contribution towards sustainable public transport. S ... Continue reading
Chrysler CEO: "Our Brands Will Not Be Broken Up"
DETROIT, May 15, 2007; Reuters reported that Chrysler Group Chief Executive Tom LaSorda said on Tuesday that the automaker's three brands, Jeep, Chrysler and Dodge, will not be broken up after its sale to Cerberus Capital Management. "These brands will not be broken up under any circumstances," LaSorda told reporters, ... Continue reading
INDYCAR (INDIANAPOLIS) - SERIES NEWS AND NOTES (May 15)
1. Road to Indy: Kanaan prefers to fly underneath radar<P> 2. Yasukawa lands Indianapolis 500-ride with Dreyer & Reinbold Racing<P> <P> 1. Road to Indy: Kanaan prefers to fly underneath radar: Tony Kanaan doesnât mind if all the attention for the 91st Indianapolis 500 isnât focused on him. In fact, heâd ... Continue reading
IIHS: 2007 Acura MDX and 2008 Ford Taurus Sedan Top Performers in Crash Tests
ARLINGTON, VA May 14, 2007; The 2007 Acura MDX luxury SUV plus the 2008 Ford Taurus and twin Mercury Sable large family cars earn the Insurance Institute for Highway Safety's TOP SAFETY PICK award. Vehicles earning this designation afford superior overall crash protection among the vehicles in their class. To qualify f ... Continue reading
ALMS (UTAH) - AUDI'S PIRRO EAGER TO RECAPTURE UTAH MAGIC
Emanuele Pirro enters the Utah Grand Prix as the defending overall winner for Audi. Now, says Emanuele Pirro, the championship hunt is on. With a stretch of three consecutive street races having come and gone, Pirro and Marco Werner are ready to get back to business as the American Le Mans Series returns to road-course ... Continue reading
Earnhardt (No Not That One) Group Selects Carfax as Vehicle History Provider
CENTREVILLE, Va.--Earnhardt Auto Centers today named Carfax as the sole approved provider of vehicle history information for all Earnhardt locations. Carfax Vehicle History Reports are a key tool Earnhardt dealers will use to help evaluate trade-in and wholesale units. In addition, free Carfax Reports will be provided ... Continue reading
Armor All and AutoZone Search for the Top Car Detailer
Winner of the Armor All DIY Dare Contest Becomes Honorary Pit Crew Member for #47 Armor All Race Car and Wins $10,000 Toward a Custom Dream Garage OAKLAND, Calif., May 15 -- Ready, set, wash. Armor All is teaming up with AutoZone and Jon Wood, driver of the #47 car, to conduct a nationwide search for the country's best ... Continue reading
GRAND AM (GEORGIA) - KINETIC MOTORSPORTS ADDS ESPENLAUB AND PUTMAN TO THE DRIVER LINEUP
Kinetic Motorsports announced today that it will bring both Charles Espenlaub as well as Charlie Putman to the driver lineup for its Grand Am KONI Challenge effort. The Kinetic team, anchored by world renowned drivers Boris Said and Nic Jonsson, currently fields three BMW M3s in the series that runs in conjunction with ... Continue reading
NHRA (GLENDORA) - NEWS NUGGETS
· OâREILLY NHRA THUNDER VALLEY NATIONALS RESCHEDULED: NHRA and Bristol Dragway officials announced on Sunday that the OâReilly NHRA Thunder Valley Nationals presented by Q has been rescheduled for July 6-8, 2007. The concrete launch pad of the quarter-mile dragstrip surface was recently replaced and track ... Continue reading
NASCAR BCS (DAYTONA) - 2007 NASCAR Busch Series Tests Conclude At Lowe's Motor Speedway
Although out of the racing spotlight since last September, former NASCAR Busch Series champion David Green (No. 91 Riley-DâHondt Motorsports Toyota) kept himself busy. Heâs spotted for up-and-coming driver Stephen Leicht (No. 90 CitiFinancial Ford) in the NASCAR Busch Series and also for former series champio ... Continue reading
ALMS (UTAH) - ENGE READY TO RETURN TO RACING
Petersen/White Lightning's Tomas Enge will return to the American Le Mans Series this weekend with Darren Turner in the team's Ferrari F430 GT. When Tomas Enge looked at the 2007 schedule for the American Le Mans Series, he viewed the Utah Grand Prix as just another race. Oh sure, he won the inaugural event in 2006 at ... Continue reading
NASCAR NEXTEL (DAYTONA) - Pit Crew Challenge: It’s All About the Teams
Twenty-four NASCAR NEXTEL Cup Series pit crews compete for team, individual honors Third annual competition kicks off NASCAR NEXTEL All-Star Challenge week Far more than mere prelude, the third annual NASCAR NEXTEL Pit Crew Challenge presented by Craftsman shines a worthy spotlight on some of the NASCAR NEXTEL Cup Seri ... Continue reading
NASCAR NCTS (CHARLOTTE) - Craftsman Truck Series News And Notes
⢠Kyle Busch Eying Third Consecutive Win At Loweâs<p> ⢠LMS Race Starts Seven-Week Stretch<p> ⢠Series Approaches 300th Race<P> ⢠Fike Tops Rookie Standings<p> <p> Rowdy Busch Looks For Third Straight At LMS DAYTONA BEACH, Fla. (May 14, 2007) When Kyle Busch pulled into Victory Lane in the No ... Continue reading
DaimlerChrysler Increases EBIT to $2,730 Million in Q1 2007
- Net profit of $2,637 million (Q1 2006: 1,045 million) - Earnings per share of $2.53 (Q1 2006: $1.03) - Group revenues of $47.3 billion (Q1 2006: $50.1 billion) - EBIT of $9.4 billion expected for full-year 2007 (2006: $7.4 billion) before impact on realignment of DaimlerChrysler AG STUTTGART, Germany, May 15 -- Daiml ... Continue reading
Jacobs Receives Honda R&D Contract
PASADENA, Calif., May 15 -- Jacobs Engineering Group Inc. announced today that it received a contract from Honda R&D Co. Ltd. to design and construct an automotive wind tunnel in Japan to test full-scale vehicles. The test programs in this new wind tunnel will be dedicated to vehicle development, fuel efficiency, and r ... Continue reading
FedEx Express, Azure Dynamics Enter Agreement to Develop Hybrid Electric Powertrain
MEMPHIS, Tenn.--FedEx Express, a subsidiary of FedEx Corp. today announced it has signed agreements with Azure Dynamics Corp. (TSX: AZD) (LSE: ADC), a leading developer of hybrid-electric and electric powertrains for commercial vehicles, to develop gasoline parallel hybrid-electric powertrains for their delivery fleet. ... Continue reading
Cobasys Strengthens Hybrid Heavy-Duty Truck Activities with U.S. Army High- Tech Vehicles
ORION, Mich., May 15 -- Cobasys, a leading supplier of advanced integrated energy storage solutions, today announced it has supplied its NiMHax(R) Nickel Metal Hydride (NiMH) battery systems for integration into hybrid electric heavy trucks developed by Armor Holdings Inc. for the U.S. Army. The Military Utility Assess ... Continue reading
DETROIT--Biodiesel Industries Inc., NextEnergy and DaimlerChrysler today celebrated the ground-breaking for Biodiesel Industriesâ newest facility at 250 E. Baltimore Avenue in Detroit. The new plant will emphasize biodiesel research, development, and production. âThis pioneering project brings together a dive ... Continue reading
New Environmentally Friendly Brazilian Cars to Hit U.S. Market
SAN FRANCISCO & RIO DE JANEIRO, Brazil--The new Brazilian car maker, Obvio ! Automotoveiculos S.A., is introducing its âgreen dream,â one of the worldâs most environmentally friendly automobiles, built for high performance, safety, and carbon-neutralized tailpipe emissions. CantorCO2e, a leading financia ... Continue reading
Quantum Signs Binding Letter of Intent to Acquire Stake in a German Solar Company
IRVINE, Calif., May 14 -- Quantum Fuel Systems Technologies Worldwide, Inc. today announced that it has signed a binding letter of intent to acquire a 24.9 percent equity stake in a German solar energy technology company that develops and manufactures high-efficiency photovoltaic modules for a number of innovative appl ... Continue reading
Transense and TMS320F28x Device Brings Complete Control System Capabilities For Tire Pressure Monitoring Systems and Torque Sensing DALLAS, May 14 -- As automotive tire pressure monitoring system (TPMS) mandates come into effect and torque sensing applications like electronic power steering (EPS) become standard on eve ... Continue reading
SEATTLE--Airbiquity, a company that develops wireless communication software solutions, today announced its introduction of VIAaq, a managed Telematics data service that makes it easy for automotive OEMs and Personal Navigation Device (PND) suppliers to custom-design vehicle-centric applications. As its core communicat ... Continue reading
All-Season Touring Performance is Dunlop's New Signature
AKRON, Ohio, May 14 -- A new all-season touring performance tire from Dunlop combines the wet-road gripping power of Hydro-Paddles and a new Dry Performance Sector for enhanced cornering on twisting country roads. The new Dunlop SP Sport Signature performance tire, a cousin to the brand's family-car Signature brand, is ... Continue reading
Two UPS Freight Drivers Punch Return Tickets to Nationals
SMITHFIELD, N.C.--Two UPS Freight drivers have earned return trips to the National Truck Driving Championships after coming home first in their respective divisions at the North Carolina State Championships held here this weekend. Greensboro Drivers Ty Bentley took top honors in the flatbed division and Brian Walker fi ... Continue reading
Fleetwood Announces Executive Title Changes
RIVERSIDE, Calif., May 14 -- Fleetwood Enterprises, Inc. announced today title changes for four of its executives. To emphasize the autonomy of the Company's business segments and the authority of their respective leaders, Paul C. Eskritt has been named President - Fleetwood Recreational Vehicle Group, Charles E. Lott ... Continue reading
Cooper-Standard Automotive Announces First Quarter 2007 Results
NOVI, Mich., May 14 -- Cooper-Standard Holdings Inc., the parent company of Cooper-Standard Automotive Inc., today announced its first quarter 2007 financial results. Its primary businesses include Body and Chassis Systems, consisting of sealing, noise, vibration, and harshness control parts, and Fluid Handling Systems ... Continue reading
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