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May 2008

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Thursday, May 15, 2008

Andretti Green Completes Purchase of Grand Prix of Toronto Assets

Andretti Green Completes Purchase of Grand Prix of Toronto Assets

Andretti Green Promotions, LLC announced today it has formed a wholly-owned Canadian company, Andretti Green Toronto, ULC (AGT), and has completed the purchase of the assets of the Grand Prix Association of Toronto Corp. The terms of the purchase agreements will not be disclosed. Andretti Green Toronto is operating out ... Continue reading

Hacquard Set for Second Round at Miller Motorsports Park

Hacquard Set for Second Round at Miller Motorsports Park

Vancouver, Canada (May 15, 2008) – Looking to build on what was an encouraging start to his rookie open-wheel racing season competing in the 2008 Star Mazda Championship Presented by Goodyear, Vancouver’s Taylor Hacquard heads east to Salt Lake City and Miller Motorsports Park for Round 2 this weekend, Friday ... Continue reading

The right formula: SAE competition brings business to area

The right formula: SAE competition brings business to area

BROOKLYN, Mich. — About 2,000 students representing more than 100 teams from around the world will compete in one of the most prestigious of the SAE Collegiate Design Series events this week at Michigan International Speedway. Formula SAE is an educational competition that challenges university undergraduate and g ... Continue reading

PROUD PRUITT EAGER FOR HOME UTAH RACE

PROUD PRUITT EAGER FOR HOME UTAH RACE

Corsa Motorsports owner Steve Pruitt is a proud and happy man entering this week's Utah Grand Prix. The biggest grin in the American Le Mans Series paddock this weekend may belong to Steve Pruitt, and rightfully so. Pruitt's Corsa Motorsports is the home team this weekend at the Larry H. Miller Dealerships Utah Grand P ... Continue reading

Partnership with Vessel Hope and Marcos Racing Sets Goal of $10,000

Partnership with Vessel Hope and Marcos Racing Sets Goal of $10,000

SPEEDCOM Communications To Raise Funds For Camp Boggy Creek At Next Weekend's Nurburgring 24 Hour DAYTONA BEACH, Fla. – SPEECOM Communications, Marcos Racing International and the Vessel Hope Foundation have joined forces to raise funds for Florida's Camp Boggy Creek in next weekend's Nurburgring 24 Hour where a t ... Continue reading

Statement Regarding Chrysler LLC Reaching a Tentative Agreement With the Canadian Auto Workers Union

Statement Regarding Chrysler LLC Reaching a Tentative Agreement With the Canadian Auto Workers Union

TORONTO and AUBURN HILLS, Mich., May 15 -- Al Iacobelli, Chrysler LLC Vice President - Union Relations, today said: "The Company is pleased to have reached a tentative agreement with the Canadian Auto Workers (CAW) Chrysler Canada bargaining team. We believe this agreement recognizes the contributions of our CAW workfo ... Continue reading

Cadillac Breaks Production Sedan Speed Record - VIDEO FEATURE

Cadillac Breaks Production Sedan Speed Record - VIDEO FEATURE

NURBURGRING, Germany - May 16, 2008: Last Friday, the new 2009 Cadillac CTS-V laid down a blistering time at Germany's Nurburgring. Driver John Heinricy completed a lap of the legendary Nordschleife in 7:59.32 which could possibly be the fastest recorded time for a production sedan on factory-spec street tires. ... Continue reading

IT WAS BOUND TO HAPPEN...HYBRID RACING IS ABOUT TO DEBUT

IT WAS BOUND TO HAPPEN...HYBRID RACING IS ABOUT TO DEBUT

Gumpert Sportwagen is about to take the jump into hybrid racing with the Apollo hybrid. ... Continue reading

Worldwide Toyota Prius Hybrid Sales Top 1 Million Mark

Worldwide Toyota Prius Hybrid Sales Top 1 Million Mark

May 15, 2008 - Tokyo - Toyota Motor Corporation (TMC) announced today that worldwide cumulative sales of the Toyota Prius¡ªthe world's first mass-produced gasoline/electric hybrid vehicle¡ªhave passed the 1 million mark, with approximately 1,028,000 units sold as of the end of April this year*1. Currently, Prius sa ... Continue reading

Independent Auto Repairers Put Down Their Tools to Rally on Beacon Hill in Support for Right to Repair

Independent Auto Repairers Put Down Their Tools to Rally on Beacon Hill in Support for Right to Repair

Big car companies still locking independent shops out of some repair information BOSTON, May 15 /PRNewswire-USNewswire/ -- Nearly 100 men and women who work in the automotive aftermarket industry, including professional technicians from repair shops from around Massachusetts, converged on the Statehouse Tuesday, May 13 ... Continue reading

India's Tata Motors Only Car Maker Comitted to Compete in 100 MPG Progressive Automotive X PRIZE

India's Tata Motors Only Car Maker Comitted to Compete in 100 MPG Progressive Automotive X PRIZE

India's Leading Automobile Company Joins More Than 70 Groups From Around the World in Competition to Create Viable, Safe and Super Fuel-Efficient Vehicles SANTA MONICA, CA May 15, 2008; The Progressive Insurance Automotive X PRIZE -- a competition designed to inspire a new generation of viable, super fuel-efficient veh ... Continue reading

Mercedes-Benz recalls 1,483 S-Class sedans in China

Mercedes-Benz recalls 1,483 S-Class sedans in China

Mercedes-Benz recalls 1,483 S-Class sedans in China http://www.gasgoo.com/auto-news/6442/Mercedes-Benz-recalls-1-483-S-Clas s-sed ans-in-China.html Shanghai, May 15 (Gasgoo.com) Mercedes-Benz China announced yesterday to recall 1,483 potentially faulty S-Class W/V221 sedans manufactured during October and November 2007 ... Continue reading

Lithium Technology Corporation Powers Hybrid Electric Supercar

Lithium Technology Corporation Powers Hybrid Electric Supercar

PLYMOUTH MEETING, Pa., May 15 -- Mr. Heinz-Harald Frentzen, ex-Formula One (F1) racer and champion, and Gumpert Sportwagenmanufaktur GmbH ("Gumpert") have announced plans to enter a hybrid electric version of its Apollo supercar into this year's Nurburgring 24 hour race, at the end of May 2008, powered by a battery sol ... Continue reading

Sharp Achieves the World's Highest Power Density for Direct Methanol Fuel Cells; Elemental Technology for the Practical Application of Fuel Cells for Mobile Equipment

Sharp Achieves the World's Highest Power Density for Direct Methanol Fuel Cells; Elemental Technology for the Practical Application of Fuel Cells for Mobile Equipment

<http://www.japancorp.net> Sharp Achieves the World's Highest Power Density for Direct Methanol Fuel Cells; Elemental Technology for the Practical Application of Fuel Cells for Mobile Equipment Osaka, Japan, May 15, 2008 - (JCN Newswire) - Sharp Corporation has achieved the world's highest(1) power density(2), 0.3W/cc, ... Continue reading

HUGHES Telematics Appoints Anne Marie Marx Senior Director of Product Launch

HUGHES Telematics Appoints Anne Marie Marx Senior Director of Product Launch

ATLANTA, May 15 -- HUGHES Telematics is pleased to announce that Anne Marie Marx has been appointed Senior Director of Product Launch. In this position, Marx will work alongside the company's automotive partners in launching its telematics solutions into the marketplace. "Anne Marie's knowledge of automotive telematics ... Continue reading

Visteon Elevates Stebbins to CEO; Johnston Continues as Executive Chairman

Visteon Elevates Stebbins to CEO; Johnston Continues as Executive Chairman

VAN BUREN TOWNSHIP, Michigan, May 14 -- The board of directors of Visteon Corporation today elected Donald J. Stebbins as president and chief executive officer, effective June 1, 2008. Stebbins, who was president and chief operating officer, succeeds Michael F. Johnston in the CEO role. Johnston will continue as execut ... Continue reading

Daimler Supports Earthquake Victims in China with a Total of 500,000 Euro

Daimler Supports Earthquake Victims in China with a Total of 500,000 Euro

-- All-terrain vehicles also provided -- Daimler employees in China donate 16,000 euro -- 200,000 euro provided for Myanmar STUTTGART, Germany -- Daimler AG is supporting the earthquake victims in China together with its local companies Daimler North East Asia (DNEA) and Beijing Benz-DaimlerChrysler Automotive Ltd. (BB ... Continue reading

Mercedes-Benz At The 2008 Mille Miglia Storica

Mercedes-Benz At The 2008 Mille Miglia Storica

The purpose of automobiles is to overcome distances and bring people together, any time, anywhere. But the days when cars were little more than an engine mounted on four wheels are long since gone. Exceptional automobiles also satisfy high expectations with respect to their performance, safety, comfort and value retent ... Continue reading

Avis Reduces Printed Paper Use By 100 Tons Per Year

Avis Reduces Printed Paper Use By 100 Tons Per Year

Reducing in-car clutter responds to customer information preferences and advances environmental efforts PARSIPPANY, N.J., May 15 -- Avis Rent A Car announced that it will discontinue the printing and distribution of scores of customer brochures and other collateral marketing materials. The effort is expected to reduce ... Continue reading

BorgWarner Supplies International Engine of the Year Winners

BorgWarner Supplies International Engine of the Year Winners

BorgWarner Turbos Deliver Winning Combination of Increased Performance, Improved Fuel Economy and Lower Emissions to Five of Seven Turbocharged Winners AUBURN HILLS, Mich., May 15 -- BorgWarner supplies turbochargers and other components to five out of seven turbocharged winners of Engine Technology International magaz ... Continue reading

1.3 Million Plan Memorial Day Travel, Says AAA Travel Survey

1.3 Million Plan Memorial Day Travel, Says AAA Travel Survey

DEARBORN, Mich., May 15 -- An estimated 1.3 million Michiganians will travel during the upcoming Memorial Day weekend, launching the start of the 2008 summer travel season, says AAA Michigan. According to a national survey conducted for AAA by the Travel Industry Association of America (TIA), record fuel prices and cha ... Continue reading

Celebrating 100 Years At The Mercedes-Benz Manheim Plant: Introduction

Celebrating 100 Years At The Mercedes-Benz Manheim Plant: Introduction

This year marks a historic milestone for Daimler AG's Mercedes-Benz Manheim plant, for it was 100 years ago that this location kicked off production under the joint stock company Benz & Cie., Rheinische Gasmotoren-Fabrik. To celebrate the milestone, Mercedes today has published a fantastic look back at the history of t ... Continue reading

National Auto Dealers' Charitable Foundation Donates $400,000 to Restore Athletic Fields in New Orleans

National Auto Dealers' Charitable Foundation Donates $400,000 to Restore Athletic Fields in New Orleans

Brees Dream Foundation plays a key role in facilitating gift NEW ORLEANS -- The National Automobile Dealers Charitable Foundation will present the Brees Dream Foundation with a $400,000 gift to complete the renovation of the athletic fields at Lusher Charter High School in the heart of Uptown New Orleans. Annette Sykor ... Continue reading

Noble International, Ltd. Receives Notice of Staff Determination of Compliance

Noble International, Ltd. Receives Notice of Staff Determination of Compliance

TROY, Mich., May 14 -- Noble International, Ltd. announced today that it received notice from the Nasdaq Stock Market that, as a result of the recent additions of Gerard Picard, Richard McCracken and James Thomas to Noble's Board of Directors, Noble complies with the continued listing requirements of the Nasdaq marketp ... Continue reading

MISCOR Group Reports 83 Percent Increase in Revenues, Record Net Income for First Quarter

MISCOR Group Reports 83 Percent Increase in Revenues, Record Net Income for First Quarter

Increased Sales Across All Segments Fuel Growth SOUTH BEND, Ind., May 14 -- Industrial services provider MISCOR Group, Ltd. (BULLETIN BOARD: MIGL) reported record quarterly profit for the first quarter ended March 31, 2008, on the strength of a 74 percent increase in sales in its Repair, Remanufacturing and Manufacturi ... Continue reading

KUKA Robotics Corporation Celebrates 35 Years of Working Ideas

KUKA Robotics Corporation Celebrates 35 Years of Working Ideas

June 5 Technology Open House showcases world's first industrial robot with a 1000 kg payload and 4000 mm reach CLINTON TOWNSHIP, Mich., May 14 -- KUKA Robotics Corporation is celebrating its 35th year in the robotics industry by inviting customers to its corporate headquarters in Clinton Township, Mich. for the "35 Yea ... Continue reading

Volo Auto Museum Features One of a Kind Movie Memorabilia at Its Spring Auto Fair and Car Corral

Volo Auto Museum Features One of a Kind Movie Memorabilia at Its Spring Auto Fair and Car Corral

VOLO, Ill., May 14 -- The Volo Auto Museum's Spring Auto Fair and Car Corral Memorial Weekend, Saturday and Sunday 10am to 5pm, will feature for sale among other classic and vintage cars, the only vehicle EVER driven on Earth by Captain James T. Kirk and Mr. Spock, known as Captain Spock in this film, when they landed ... Continue reading

STEN Corp. Reports 2008 Second-Quarter Revenue of $4.3 Million and Improved Results From Operations

STEN Corp. Reports 2008 Second-Quarter Revenue of $4.3 Million and Improved Results From Operations

MINNEAPOLIS, May 14 -- STEN Corporation , a Minneapolis-based diversified business, today reported results for its second fiscal quarter comprised of the thirteen week period ended March 30, 2008. The Company reported a net after-tax loss of $502,273 or $(.20) per diluted share for the second quarter period ended March ... Continue reading

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