Buh Bye Chrysler Forever? Cerberus in Sales Talk With Renault and GM
DETROIT/NEW YORK October 16, 2008; Kevin Krolicki and Jui Chakravorty Das writing for Reuters reported that private equity firm Cerberus is in talks to sell all or part of Chrysler LLC's operations to Renault SA and General Motors Corp as it considers a range of deals that could break up the No. 3 U.S. automaker, peopl ... Continue reading
Visteon to Release Third-Quarter 2008 Financial Results Oct. 30
VAN BUREN TOWNSHIP, Mich., Oct. 16, 2008 -- Visteon Corporation , one of the world's leading suppliers of automotive components and integrated systems, will release its third-quarter 2008 financial results at 7:30 a.m. EDT on Thursday, Oct. 30, via PR Newswire. At 10 a.m. EDT, a conference call is scheduled to discuss ... Continue reading
Dollar Thrifty Automotive Group to Announce Third Quarter 2008 Financial Results
TULSA, Okla., Oct. 16 -- Dollar Thrifty Automotive Group, Inc. will announce third quarter 2008 financial results prior to market open on Wednesday, November 5, 2008. (Logo: http://www.newscom.com/cgi-bin/prnh/20020412/DTGLOGO) A conference call to review the Company's third quarter 2008 results will be held at 10:00 a ... Continue reading
Textron Reports Third Quarter EPS from Continuing Operations of $0.85
PROVIDENCE, R.I.--Textron Inc. today reported third quarter 2008 income from continuing operations of $210 million or $0.85 per share, compared to third quarter 2007 income from continuing operations of $225 million or $0.88 per share. Last yearâs result included a one-time gain related to an insurance settlement, ... Continue reading
Navistar Financial Finalizes Early Renewal of $800 Million Wholesale Funding Facility
WARRENVILLE, Ill.--Consistent with previous guidance, Navistar Financial Corporation, a wholly owned subsidiary of Navistar International Corporation , today announced that it has signed a definitive agreement finalizing an early renewal of its $800 million dealer floor plan funding facility. âAt a time when many ... Continue reading
Muscle Car 1000 Rally Raises $30,000 To Feed Hungry In Honduras
Newport, CA. October, 16, 2008: Muscle Car 1000 â Americaâs most luxurious collector car adventure â generated $30,000 to feed the hungry during a five-day rally October 5-9. Entrants came from as far away as Georgia, Texas and Canada. Each of the 30 car owners (some bringing a guest) took a 1,000-mile j ... Continue reading
Lexus Brings New Project Cars and Energy to the 2008 SEMA Show
TORRANCE, Calif., Oct. 16 -- Lexus is taking its performance message to the Specialty Equipment Market Association (SEMA) Show for its second official appearance this fall with a bevy of new project cars and multiple ways to sample its IS F high-performance sedan and F-Sport products. Headlining the project cars will b ... Continue reading
Parker Reports Record First Quarter Sales
CLEVELAND, Oct. 16 -- Parker Hannifin , the world leader in motion and control technologies, today reported record first quarter sales, net income, earnings per diluted share and cash flow from operations for the quarter ending September 30, 2008. (Logo: http://www.newscom.com/cgi-bin/prnh/19990816/PHLOGO ) Fiscal 2009 ... Continue reading
Bosch Powers Audi Clean Diesel Across the U.S. and Around the World
Audi Mileage Marathon Provides Real-World Demonstration Q7 3.0 TDI FARMINGTON HILLS, Mich., Oct. 16 -- A 4,800 mile real-world test track is showcasing the capabilities, fuel efficiency and low-emissions system of the 2009 Audi clean diesel Q7 3.0 TDI. As more than 184 drivers travel across the country in the new vehic ... Continue reading
Harley-Davidson Reports 2008 Third Quarter Results
MILWAUKEE, Oct. 16 -- Harley-Davidson, Inc. today announced its results for the third quarter ended September 28, 2008. Revenue for the quarter was $1.42 billion compared to $1.54 billion in the year ago quarter, a 7.7 percent decrease. Net income for the quarter was $166.5 million compared to $265.0 million in the thi ... Continue reading
Subaru Forester Named Motor Trend 2009 Sport/Utility of the Year
- Winner is hailed as "The SUV for our times" - CHERRY HILL, N.J., Oct. 16 -- Subaru of America, Inc. today announced that the Subaru Forester was named MOTOR TREND's 2009 Sport/Utility of the Year. (Logo: http://www.newscom.com/cgi-bin/prnh/20080325/SUBARULOGO ) Topping 12 other contenders, the Subaru Forester was, ac ... Continue reading
The 5th Annual Celebration of the Vanderbilt Cup Races Set for Nassau Museum of Art
Nassau, New York, October 15, 2008: The 5th Annual Centennial Celebration of the Vanderbilt Cup Races will be held on Sunday, October 19, 2008, at the Nassau County Museum of Art in New York. The races will feature timed demonstration runs and a Concours de Provenance. An exhibition of Vanderbilt Cup Race photographs, ... Continue reading
Electric Car Maker Tesla Delays Launch and Closes R and D Facility
DETROIT, Oct 15, 2008; Kevin Krolicki and David Bailey writing for reuters reported that electric car startup Tesla Motors is delaying the launch of a planned five-passenger battery-powered sedan and cutting jobs to conserve cash as a credit crunch drives funding costs sharply higher. The company, which sells the $109, ... Continue reading
SCCA Begins Search Process for Executive Succession
TOPEKA, Kan. Oct. 16, 2008 â Sports Car Club of Americaâs Board of Directors announced today that it has begun a process to find the Clubâs next president. Current SCCA President and CEO Jim Julow informed the Board of his intention to leave the post at the end of his three-year contract, February 1, 200 ... Continue reading
TOPEKA, Kan. October 16, 2008: Sports Car Club of America Club Racer Brian Schofield almost didnât sign up for the inaugural iRacing Cup competition, a season-long $20,000 cash and merchandise contingency program that spans the Clubâs nine geographic divisions and 28 competition classes, allowing more than 5, ... Continue reading
Fiat Introduces the Grande Punto Natural Power (Gasoline/Methane Dual Fuel) - VIDEO ENHANCED
Fiat presents the Grande Punto Natural Power, a new dual fuel (petrol/methane) version of the original Grande Punto that confirms the brandâs commitment to protecting the environment. The methane-driven Grande Punto is a financial alternative to cars that run on conventional fuels (diesel and petrol), which are in ... Continue reading
AIM Autosport – Reflections while looking ahead
Woodbridge, Ontario, October 15, 2008: While the 2008 Grand Am Rolex Sports Car Series season was ending a few weeks ago, AIM Autosport had already begun the drive toward the 2009 campaign, long before the final race. Since that last race, the team has gone into overdrive and there will be lots to tell in the coming we ... Continue reading
Donny Schatz Eyes Third Consecutive Victory in Tony Stewart Racing's Armor All Sprinter
INDIANAPOLIS Oct. 15, 2008: Right now, all Advance Auto Parts World of Outlaws (WoO) Sprint Car Series star Donny Schatz wants to do is get to a track and race. The Tony Stewart Racing (TSR) driver has been nearly unbeatable as the 2008 campaign nears conclusion. Heâs won his last two WoO starts driving the TSR No ... Continue reading
KEY METRICS SHOW IMMEDIATE RESULTS DURING SEASON OF UNIFICATION
INDIANAPOLIS, Wednesday, October 15, 2008 - For the 2008 IndyCar Series season, the action on and off the track was fast and furious in this season of unification. With a more than 40 percent jump in the number of cars on track, a record-tying nine drivers visiting Victory Lane and 13 drivers recording podium finishes, ... Continue reading
Dear Friends, This is a letter I never envisioned writing, but I've had to make the unfortunate decision to postpone Racer's Expo until next year. As you know, Expo Events has been promoting this show since February, and while the momentum has been steadily growing, I can't risk my reputation by producing a show that d ... Continue reading
Most Powerful Hybrid SUVs Now Offer Best-in-Class Fuel Economy
Official EPA Fuel Economy Ratings Announced for 2009 Chrysler Aspen and Dodge Durango Hybrids: Best-in-Class 20 city/22 highway AUBURN HILLS, Mich., Oct. 16 -- -- Chrysler and Dodge hybrid SUVs boast fuel economy improvement of more than 53 percent in city, 40 percent overall; offer better city fuel economy than a V-6 ... Continue reading
Ener1 Acquires Leading Korean Lithium-ion Battery Cell Producer
Deal Brings Broader, More Diverse Capacity to Produce Advanced Power Systems for Next Generation of Electric Vehicles Management Will Host Investor Call at 11:00 Eastern, Thursday, October 16 NEW YORK, Oct. 16 -- Ener1, Inc. (AMEX:HEV) announced today it has agreed to acquire an 83% interest in Enertech International, ... Continue reading
Ford unlikely to sell its stakes in China ventures
Ford unlikely to sell its stakes in China ventures http://www.gasgoo.com/auto-news/1008053/Ford-unlikely-to-sell-its-stake s-in- China-ventures.html Shanghai, October 16 (Gasgoo.com) An earlier report by Wall Street Journal said that Ford Motor Co. is considering the sale of its controlling stake in Japan's Mazda Motor ... Continue reading
EPA Releases 2009 Most and Least Fuel Efficient Cars, SUVs, Vans and Trucks
Washington DC October 15, 2008; The EPA and U.S. Energy Department yesterday issued the 2009 fuel economy guide which is dominated by international makes. The overall fuel economy leader is still the Toyota Prius, rated at 48 mpg in the city and 45 on the highway. The smart car, which arrived in the United States last ... Continue reading
Chevrolet Cruze to hit China market in March 2009
Chevrolet Cruze to hit China market in March 2009 http://www.gasgoo.com/auto-news/1008054/Chevrolet-Cruze-to-hit-China-ma rket- in-March-2009.html Shanghai, October 16 (Gasgoo.com) GM has announced that its all-new compact sedan Chevrolet Cruze that debuted at the 2008 Paris Motor Show will enter the China market for s ... Continue reading
GM to move money from China to save U.S. market
GM to move money from China to save U.S. market http://www.gasgoo.com/auto-news/1008051/GM-to-move-money-from-China-to- save- U-S-market.html Shanghai, October 16 (Gasgoo.com) A senior GM executive said the company has plans to move money from Chinese operations to compensate for its North American losses, the National ... Continue reading
Renault is pleased to announce the release of Modus Tech'Run and Grand Modus Tech'Run, two new limited editions powered by the TCe 100 petrol engine which deliver both driving pleasure and low fuel consumption. ... Continue reading
Ford's latest models are tuning in to the digital future by offering a wider choice of the latest in-car entertainment technology. ... Continue reading
Transporter Delivers Winning Economy at MPG Marathon
A Volkswagen Transporter has demonstrated how cost-effective it is to run by winning its class in the ALD Automotive TOTAL Excellium MPG Marathon 2008 by achieving 52.48 mpg after a challenging competition in real-world conditions. ... Continue reading
The Ultimate Wagon Wheel: Wild West 'Hummer' Artwork Unveiled at Zoo Art Fair 2008
Artist Matthew Harrison today unveils his latest project entitled 'Hummer' at the fifth Zoo Art Fair (17-20 October) - a HUMMER H3 complete with wooden wagon wheels, the iconic installation will be parked on Old Burlington Road, opposite the Royal Academy of Arts for the duration of the fair.</p> ... Continue reading
Nissan GT-R Scale Model on Display at Japan Design Exhibition in Europe
Nissan Motor Co., Ltd., will exhibit a quarter-scale model of its new Nissan GT-R as part of "Wa: The Spirit of Harmony and Japanese Design Today," a traveling European exhibition which will open at the Japan Cultural Institute in Paris this month. The Paris event will run from Wednesday, Oct. 22, 2008 to Saturday, Jan ... Continue reading
GKN Driveline's Innovative AWD Coupling Debuts on New Infiniti FX Series
At the heart of the new Infiniti FX's Intelligent All-Wheel Drive (AWD) system is a new generation AWD coupling from GKN Driveline Torque Technology. GKN Driveline's ElectroMagnetic Control Device (EMCD) controls the power flow in the driveline to provide optimum AWD performance when needed and Rear-Wheel Drive (RWD) p ... Continue reading
New GKN Driveline Factory Begins Production in Shanghai
GKN Driveline Torque Technology has started production at its new wholly owned facility in Pudong, Shanghai, China. ... Continue reading
Inspiring. The New Opel Insignia - Made by Irmscher
The Opel Insignia. Opel's new top-of-the line model follows the Vectra starting from November 2008. With a new name, the newest developments and setting new standards for equipment in that category, the Insignia starts from 22/11/2008. Irmscher, since 40 years partner of Opel in the field of sporty processed vehicles, ... Continue reading
Climate Ambassador Al Gore in Audi A6 TDI e
Al Gore, Nobel Peace Prize Laureate, Climate Ambassador and former Vice President of the United States, traveled to the Netherlands on October 14 to speak to approximately 2,000 guests about his most pressing issue: the reduction of emissions to protect the climate. His choice of transportation: the AUDI A6 2.0 TDI e, ... Continue reading
Exeo: SEAT'S Saloon Stunner is a First Class Offering
More details of the forthcoming SEAT Exeo, along with further images, are today being revealed following its world debut at the recent Paris Motor Show. ... Continue reading
Five Upgraded Mazda BT-50 Models for UK
The refined, upgraded Mazda BT-50 line-up of pick-ups, now on sale in the UK, introduces a new range-topping 'Intrepid' model with a 3-litre, 156ps turbo diesel engine, five-speed automatic transmission and leather interior. All upgraded models inherit the athletic looks of the previous model, while incorporating a fur ... Continue reading
Citroen's C1 Returns MPG-Nificent Mileage in Fuel Economy Marathon
A Citroën C1 1.4HDi has achieved an amazing 84.32mpg in the independent 2008 ALD Automotive/Total Excellium MPG Marathon - organised by Fleet World magazine - more than enough to take the car from Plymouth to Aberdeen (633miles) on just one tank of fuel. ... Continue reading
Alt Car Expo 2008: Chevy Volt - A Big Hit - EXCLUSIVE VIDEO
Santa Monica, Califoria - Never (hardly ever) buy gas again. The strong and silent electric motor has begun its assimilation of our transportation systems, and GM will be joining the party with VOLT (grandchild of the ill-fated EV1), a stylish plug-in sedan that turned heads at this years Alt Car Expo. GM Group Manager ... Continue reading
Alt Car Expo 2008: CNG Conversions - EXCLUSIVE VIDEO
Santa Monica, California <p> Mario Garcia can convert a gas guzzler into a cleaner, more effecient CNG (compressed natural gas) vehicle. <p> But he can not do this in California. <p> Sound strange? We thought so too. ... Continue reading
Alt Car Expo 2008: Dean Taylor presentation - EXCLUSIVE VIDEO
Southern California Edison is doing things with wind, solar, and smart grids that will change lifestyles for its customers, and quite likely the rest of us. Dean Taylor explains their programs BIO Dean Taylor is Senior Program Manager/Scientist, Electric Transportation Division, Southern California Edison (SCE). At SCE ... Continue reading
Alt Car Expo 2008: Dr. Andy Frank Presentation - EXCLUSIVE VIDEO
"This whole 'drill, baby, drill' thing is bullshit," says Dr. Andy Frank, UC Davis professor and "Godfather of the Plug-In Hybrid." His speech to the Alt Car 2008 Expo was not only a blistering indictment of current energy policies, but also a clear strategy for the future that could be implemented immediately. ... Continue reading
Alt Car Expo 2008: Electric Dirt Biking on the Zero Motorcycle- EXCLUSIVE VIDEO
Silent motorcycles?<p> Electric engines that dust gas engines off the line? <p> Welcome not only to the Future, but also the Present. Come along with us as we find out all about these very cool rides from the good folks at Zero Motorcycles in Santa Cruz. ... Continue reading
Alt Car Expo 2008: GM's Dave Barthmuss Presentation - EXCLUSIVE VIDEO
Dave Barthmuss is the Group Manager for General Motors' Western Region, Environment & Energy Communications team. Dave is also playing a key role in the launch of GM's Project Driveway, the largest "real world" test fleet of fuel cell electric vehicles in history. Project Driveway currently allows everyday consumers to ... Continue reading
Alt Car Expo 2008: Honda's Steve Ellis Presentation -EXCLUSIVE VIDEO
Santa Monica, California <p> The primary environmental benefit of a CNG car is that it produces 90 percent fewer smog-forming pollutants (oxides of nitrogen), compared to the output of a conventional gas engine, said Steve Ellis, manager of alternative fuels for American Honda Motor Co. The Civic GX has reaped many env ... Continue reading
Alt Car Expo 2008: Joe Gershen on Biodiesel - EXCLUSIVE VIDEO
Joe Gershen is a founder of Tellurian Biodiesel and its predecessor, LA BioFuel. He started in the biodiesel business in 2002 and has been a pioneer in the Southern California market, working with municipal, corporate, governmental, small business and retail customers and clients. By establishing strong industry relati ... Continue reading
Alt Car Expo 2008: Leslie Brown Garland on Propane Fuel - EXCLUSIVE VIDEO
Santa Monica, California <p> When alternative vehicle fuels are discussed, the often-forgotten offspring is propane. It's more than just for barbecues, cabins and camping. <p> Lesley Brown Garland is president and CEO of the Sacramento, California-based Western Propane Gas Association, which represents the nearly 120 p ... Continue reading
Alt Car Expo 2008: Pearson Cars - EXCLUSIVE VIDEO
Santa Monica, California <p> Prius not sexy enough for you?<p> Paul Pearson, retired Hollywood special effects engineer, has created something that'll get you going. ... Continue reading
Alt Car Expo 2008: Prometheus Solar Motorcycle - EXCLUSIVE VIDEO
Santa Monica, California <p> im Corning is an interersting guy. Kind of a true American archtype. <p>One day he decided to "modify" his wife's seldom used Ninja 250. The result is the still unnamed electric motorcycle that must be seen to be believed. ... Continue reading
Alt Car Expo: Free the MSEVs! - EXCLUSIVE VIDEO
Santa Monica, California<p> A MSEV is a medium-speed electrical vehicle, any self-propelled, electrically powered four-wheeled motor vehicle, equipped with a roll cage or crush-proof body design, whose speed attainable in one (1) mile is more than thirty (30) miles per hour but not greater than thirty-five (35) miles p ... Continue reading
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Vehicle manufacturers and alt fuels.
