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February 2009

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Tuesday, February 17, 2009

Wheego Electric Cars Launches U.S. Dealer Network

Wheego Electric Cars Launches U.S. Dealer Network

Electric Vehicle Manufacturer Taking Applications from Dealers Now ATLANTA, Feb. 17 -- WHEEGO ELECTRIC CARS, a division of RTEV, Inc., one of the first companies to deliver a full line of recreational and street electric LSVs (Low Speed Vehicles), today announced the official launch of its U.S. car dealer network. "In ... Continue reading

Genuine Parts Company Reports Results for 2008 Sales Increased 2%, EPS Decreased 2%

Genuine Parts Company Reports Results for 2008 Sales Increased 2%, EPS Decreased 2%

ATLANTA, Feb. 17 -- Genuine Parts Company reports sales and earnings for the fourth quarter and year ended December 31, 2008. (Logo: http://www.newscom.com/cgi-bin/prnh/20081002/CLTH108LOGO ) Tom Gallagher, Chairman, President and Chief Executive Officer, announced today that sales in 2008 were $11.0 billion, up 2% com ... Continue reading

Pilot Freight Services Shows Continued Growth Throughout 2008

Pilot Freight Services Shows Continued Growth Throughout 2008

LIMA, Pa.--Pilot Freight Services, a worldwide provider of transportation and logistics services, today announced shipment figures and record revenue for the year ending Dec. 31, 2008. The company reported revenue for the year of $372.9 million, up 9.7 percent from 2007. Pilot saw the largest increases in its internati ... Continue reading

Raser Technologies is Named One of 50 ‘Most Innovative Companies’ by ‘Fast Company Magazine’

Raser Technologies is Named One of 50 ‘Most Innovative Companies’ by ‘Fast Company Magazine’

PROVO, Utah--Raser Technologies, Inc. , a leader in geothermal power generation, today reported that Fast Company magazine chose it as one of the fifty “most innovative companies” for 2009 in its annual selection of the Fast Company 50. In describing how the Fast Company 50 was selected, Editor Robert Safian ... Continue reading

Coachmen Signs Intent to Build Project for US Army

Coachmen Signs Intent to Build Project for US Army

ELKHART, Ind., Feb. 17 -- Coachmen Industries, Inc. today announced that its major projects subsidiary, All American Building Systems, LLC (AABS), has received a letter of intent to build housing for the United States Army at Fort Bliss, located near El Paso Texas. The agreement represents a total potential value of $2 ... Continue reading

Navistar Stockholders Re-Elect Three Incumbents to the Board of Directors at Annual Meeting

Navistar Stockholders Re-Elect Three Incumbents to the Board of Directors at Annual Meeting

WARRENVILLE, Ill.--Navistar International Corporation announced at its Annual Meeting today that stockholders re-elected three incumbent directors to the Board of Directors. The incumbents re-elected for three-year terms were: Y. Marc Belton, a director since 1999, is executive vice president, Worldwide Health, Brand a ... Continue reading

Ford Escape Hybrid Recognized as Best New Family Vehicle by Kelley Blue Book

Ford Escape Hybrid Recognized as Best New Family Vehicle by Kelley Blue Book

-- Editors of Kelley Blue Book's kbb.com today named the 2009 Ford Escape Hybrid one of its "2009 Best New Family Vehicles." -- Kbb.com editors praised the 2009 Escape Hybrid's improved - more powerful and more efficient - gas-electric powertrain and its fuel economy rating of 34 mpg in the city. -- In addition to five ... Continue reading

Penske Automotive Reports 2008 Fourth Quarter Results

Penske Automotive Reports 2008 Fourth Quarter Results

BLOOMFIELD HILLS, Mich.--Penske Automotive Group, Inc. , an international automotive retailer, today reported an adjusted fourth quarter loss from continuing operations of $2.0 million, or $0.02 per share. This compares to adjusted income from continuing operations of $32.0 million, or $0.34 per share, in the fourth qu ... Continue reading

Quantum's Affiliate Fisker Automotive to Debut Luxury Plug-in Hybrid Cars for the European Market at the Geneva Motor Show

Quantum's Affiliate Fisker Automotive to Debut Luxury Plug-in Hybrid Cars for the European Market at the Geneva Motor Show

Pricing and European retail strategy to be announced in March at the Geneva Motor Show IRVINE, Calif., Feb. 17 -- Fisker Automotive, the new American manufacturer of premium green automobiles, co-founded by Quantum, will unveil its Karma and Karma S luxury plug-in hybrid cars for the first time on European soil at the ... Continue reading

Chrysler LLC Viability Plan Submitted Today to The U.S. Treasury Department

Chrysler LLC Viability Plan Submitted Today to The U.S. Treasury Department

-- Chrysler LLC viability plan to be finalized by March 31 deadline -- Chrysler to complete its aggressive restructuring started in 2007 and 2008 -- Chrysler viability plan is conservatively based and newly reflects an average annual 1.8 million-unit reduction in the Company's expected annual U.S. SAAR through 2012 -- ... Continue reading

RV Industry Optimistic Economic Stimulus Plan Will Help Industry Rebound

RV Industry Optimistic Economic Stimulus Plan Will Help Industry Rebound

RESTON, Va., Feb.17 -- The Recreation Vehicle Industry Association expressed optimism today that the federal economic credit and stimulus packages, which include provisions to stimulate lending, and friendly tax treatment for new motorhome purchases, will help promote sales and aid in the industry's economic recovery. ... Continue reading

UPS’s New Oklahoma City Fleet of CNG Vehicles Unveiled

UPS’s New Oklahoma City Fleet of CNG Vehicles Unveiled

--UPS are hitting the streets. Of the 300 new vehicles ordered last year, 100 now are making deliveries in Oklahoma City. The CNG vehicles, part of an order placed last May, will allow UPS to further reduce its dependence on gasoline and diesel while lowering its carbon footprint. UPS already operates the largest priva ... Continue reading

Copart Reaches Settlement With Auto Auction Services Corp.

Copart Reaches Settlement With Auto Auction Services Corp.

FAIRFIELD, Calif.--Copart, Inc. today announced it has reached a settlement in its antitrust lawsuit against Auto Auction Services Corporation (AASC). Pursuant to the settlement terms, the litigation will be dismissed, and Copart has obtained a license from AASC that enables Copart to receive and process vehicle assign ... Continue reading

Auto Auction Services Corp. Licenses AutoIMS to Copart

Auto Auction Services Corp. Licenses AutoIMS to Copart

FAIRFIELD, Calif.--Copart, Inc., and Auto Auctions Services Corp. (AASC) have reached an agreement that enables Copart to use AASC’s Automotive Inventory Management System (AutoIMS). Under the agreement, Copart will be able to receive vehicle assignments through AutoIMS – an electronic vehicle inventory manag ... Continue reading

Race Results Molecule Formula Mazda Challenge

Race Results Molecule Formula Mazda Challenge

February 17th 2009 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~2009 MOLECULE Formula Mazda Challenge Kicks Off Season at Soggy Infineon RacewayTuesday, February 17, 2009 Sonoma, CA Making his debut with Dave Freitas Racing, Star Mazda Championship Masters Champion Chuck Hulse brought his Pro Formula Mazda to victory i ... Continue reading

ROOKIE OF THE YEAR NEFF LOOKING FOR FIREBIRD SUCCESS

ROOKIE OF THE YEAR NEFF LOOKING FOR FIREBIRD SUCCESS

John Force RacingNeff Pre-Race PackageEvent: 25th annual Lucas Slick Mist NHRA Nationals, 2nd of 24 events in the 2009 NHRA Full Throttle Drag Racing Series.Site: Firebird International Raceway, Chandler, Ariz.Dates: Feb. 20-22, 2009* * * *ROOKIE OF THE YEAR NEFF LOOKING FOR FIREBIRD SUCCESS“I feel a whole ... Continue reading

Greater NY Auto Dealers Association President Receives Automotive Hall of Fame 2009 Distinguished Service Citation

Greater NY Auto Dealers Association President Receives Automotive Hall of Fame 2009 Distinguished Service Citation

Greater New York Automobile Dealers Association President Receives Automotive Hall of Fame 2009 Distinguished Service Citation New York, NY - (February 17, 2009): The Automotive Hall of Fame has awarded Mark Schienberg, president of the Greater New York Automobile Dealers Association (GNYADA), its 2009 Distinguished Se ... Continue reading

Mark Martin Preview - Fontana - February 17, 2009

Mark Martin Preview - Fontana - February 17, 2009

MARTIN AT FONTANA: Mark Martin, driver of the No. 5 CARQUEST/Kellogg's Chevrolet, will make his 16th NASCAR Sprint Cup Series start at Auto Club Speedway this Sunday. Martin won the 1998 Sprint Cup event at the track after leading 165 of 250 laps. He has posted four top-five finishes and seven top-10s at the two-mile o ... Continue reading

Earnhardt-Ganassi-Sabates Racing Preview - Fontana - February 17, 2009

Earnhardt-Ganassi-Sabates Racing Preview - Fontana - February 17, 2009

Martin Truex Jr. and No. 1 Bass Pro Shops®/Tracker Boats Team California History: Truex will be making his sixth NSCS start at the Auto Club Speedway. He has led four laps at the track and has a best finish of sixth (twice). Last Week: Truex and the Bass Pro Shops/Tracker Boats team started on the pole in the Dayton ... Continue reading

Mike Bliss Preview - Fontana - Februray 17, 2009

Mike Bliss Preview - Fontana - Februray 17, 2009

GETTING THEIR MONEY'S WORTH – The night before last week's race at Daytona International Speedway, Curtis Key received a phone call from Phillip May, President of Oakland Metal Buildings, Inc., stating that he wanted to sponsor Mike Bliss in the No. 40 Key Motorsports Chevrolet for the Truck Series season opener. ... Continue reading

Scott Wimmer Preview - Fontana - February 17, 2009

Scott Wimmer Preview - Fontana - February 17, 2009

CLOSING THE DEAL – Although he lacked the finish to show for it, driver Scott Wimmer had a successful first start with Key Motorsports last weekend at Daytona International Speedway. After being named one of the biggest movers of the race for his sprint from 43rd place, loop data ranked Wimmer as 4th fastest drive ... Continue reading

A1GP Title Fight Continues in South Africa

A1GP Title Fight Continues in South Africa

London, Great Britain February 17, 2009: A1GP World Cup of Motorsport makes its first ever visit to South Africa’s most famous motor racing circuit, Kyalami, this weekend for round five of the series, Go-GP.Org A1GP Gauteng, South Africa on 20 - 22 February 2009. The Kyalami Grand Prix Circuit is located in Gauten ... Continue reading

Sorenson's Team Captures Pit Road Award in Daytona 500

Sorenson's Team Captures Pit Road Award in Daytona 500

No. 43 team is inaugural winner of the Tissot Pit Road Precision Award Reed Sorenson's No. 43 team captured the Tissot Pit Road Precision Award in Sunday's (Feb. 15) Daytona 500 at Daytona International Speedway. The Tissot Pit Road Precision Award, which is given to the NASCAR Sprint Cup team that spends the least amo ... Continue reading

Kentucky Gov. Beshear Announces Pursuit of Sprint Cup Series Event

Kentucky Gov. Beshear Announces Pursuit of Sprint Cup Series Event

State Rep. Rocky Adkins to sponsor bill to help attract NASCAR Sprint Cup Series to Kentucky FRANKFORT, Ky. February 17, 2009: Gov. Steve Beshear today voiced his support for an amendment to the Kentucky Tourism Development Act to add a new eligible category of so-called “legacy expansion” projects. At a Capi ... Continue reading

INDYCAR SERIES WELCOMES SECOND SEASON OF UNIFIED RACING

INDYCAR SERIES WELCOMES SECOND SEASON OF UNIFIED RACING

INDIANAPOLIS, Tuesday, February 17, 2009: Let the real first season begin. IndyCar Series teams will return to the track Feb. 24-25, marking the first time since unification was announced last February that all teams will participate together at an Open Test. With last year’s unification announcement coming just d ... Continue reading

Army National Guard Officer Candidates Gear Up To Tackle Talladega Superspeedway

Army National Guard Officer Candidates Gear Up To Tackle Talladega Superspeedway

TALLADEGA, Ala. February 17, 2009: Soldiers attending the Accelerated 57-day Officer Candidate School (OCS) conducted by the Alabama Military Academy/200th Regiment, located at the Ft. McClellan Army National Guard Training Center, are gearing up to once again tackle Talladega Superspeedway. On February 19th, 197 soldi ... Continue reading

AUTO CLUB SPEEDWAY EVENT BEGINS TEST FOR TEAM DUPONT

AUTO CLUB SPEEDWAY EVENT BEGINS TEST FOR TEAM DUPONT

FONTANA, Calif. February 17, 2009: With no testing during the offseason, the real test for Jeff Gordon and Team DuPont starts this weekend in the Auto Club 500 at Auto Club Speedway. <P> Last week in Daytona, the four-time NASCAR Cup Series champion won a Gatorade Duel qualifying race. In NASCAR’s “Super Bowl ... Continue reading

Navy Federal Commits over $3.5 Billion for Car Loans

Navy Federal Commits over $3.5 Billion for Car Loans

Special Discounts available for GM and Chrysler vehicles VIENNA, Va., Feb. 17 /PRNewswire-USNewswire/ -- Navy Federal Credit Union today committed $3.5 billion for loans which can be used to finance a new or used car purchase from any automaker. GM and Chrysler are also offering special discounts for credit union membe ... Continue reading

Ford Receives Michigan Tax Credits for Future Electric Vehicles, Battery Development

Ford Receives Michigan Tax Credits for Future Electric Vehicles, Battery Development

- Ford receives $55 million incentive in refundable tax credits from Michigan Economic Development Corporation (MEDC) to continue work in electric vehicle and battery development. - Incentive will help accelerate Ford's recently announced aggressive electrification strategy, designed to bring four electrified vehicles ... Continue reading

Acacia Automotive Announces Q3 Auction Results

Acacia Automotive Announces Q3 Auction Results

NORTH AUGUSTA, S.C., Feb. 17 -- Acacia Automotive, Inc. (Ticker-ACCA) today reviewed its recently-announced third quarter results. The company reported substantial increases at its Augusta Auto Auction operation in unit sales volume, revenues and EBITDA in the third quarter. "These outstanding results are especially gr ... Continue reading

BMW Manufacturing Launches Wind Power Study

BMW Manufacturing Launches Wind Power Study

Dear Media Colleagues - Attached please find a recent announcement and photo concerning a new study on wind energy occurring at BMW Manufacturing. Best Regards - Bobby Hitt 864-989-5536 Photo Caption: Employees from Gold Ring Power, LLC begin installation of a 50-foot wind tower at the BMW Manufacturing plant. ... Continue reading

Sichuan Auto Denies Plan To Buy GM's Hummer

Sichuan Auto Denies Plan To Buy GM's Hummer

Sichuan Auto denies plan to buy GM's Hummer http://www.gasgoo.com/auto-news/1009381/Sichuan-Auto-denies-plan-to-buy -GM-s -Hummer.html Shanghai, February 17 (Gasgoo.com) Sichuan Auto Industry Group Co, a small automaker in southwestern China, has denied a media report that it is in talks to buy General Motors' Hummer b ... Continue reading

County in New Mexico Halts Effort to Implement its Own Fuel Economy Rules

County in New Mexico Halts Effort to Implement its Own Fuel Economy Rules

Auto dealers praise decision WASHINGTON, Feb. 17 /PRNewswire-USNewswire/ -- The National Automobile Dealers Association (NADA) today commended the Albuquerque-Bernalillo County Air Quality Control Board in New Mexico for repealing a requirement that would have mandated fuel economy standards at the local level. "The Al ... Continue reading

McClenathan: Kudos to NHRA and new FRAM team

McClenathan: Kudos to NHRA and new FRAM team

DON SCHUMACHER RACING 2009 NHRA Full Throttle Drag Racing Series Round 2 of 24 NHRA Arizona Nationals Firebird International Raceway Chandler, Ariz. Feb. 20-22, 2009 FOR IMMEDIATE RELEASE Contact: Judy Stropus, 203-438-0501; cell 203-243-2438; jstropus@earthlink.net CORY MCCLENATHAN: KUDOS TO NHRA AND NEW FRAM TEAM BRO ... Continue reading

HIGHT LOOKING FOR FIRST FULL THROTTLE WIN AT FIREBIRD

HIGHT LOOKING FOR FIRST FULL THROTTLE WIN AT FIREBIRD

John Force RacingHight Pre-Race PackageEvent: 25th annual Lucas Slick Mist NHRA Nationals, 2nd of 24 events in the 2009 NHRA Full Throttle Drag Racing Series.Site: Firebird International Raceway, Chandler, Ariz.Dates: Feb. 20-22, 2009* * * *HIGHT LOOKING FOR FIRST FULL THROTTLE WIN AT FIREBIRD“(Phoenix) is ... Continue reading

FW: ACDelco's Kurt Johnson Ready to Bounce Back at Firebird International Raceway/NHRA Phoenix

FW: ACDelco's Kurt Johnson Ready to Bounce Back at Firebird International Raceway/NHRA Phoenix

From: Jeff Romack Sent: Tuesday, February 17, 2009 2:24 PM To: Jeff Romack Subject: ACDelco's Kurt Johnson Ready to Bounce Back at Firebird International Raceway/NHRA Phoenix [cid:image001.jpg@01C99109.6F56C320] FOR IMMEDIATE RELEASE Contact: Jeff Romack ACDelco Racing Communications Office: 317.843.5447 Cell: 317.698. ... Continue reading

One on One with John Dingell: Crain's Newsmaker of the Year

One on One with John Dingell: Crain's Newsmaker of the Year

DETROIT, Feb. 17 -- WHAT: Congressman John D. Dingell is recognized as Crain's Detroit Business Newsmaker of the Year. One day after General Motors Corp. and Chrysler LLC deliver their detailed survival plans to Congress, the domestic auto industry's chief congressional champion will be honored as Crain's Detroit Busin ... Continue reading

Kelley Blue Book Reports Wholesale Market Up, Domestics Start Year Better Than Imports

Kelley Blue Book Reports Wholesale Market Up, Domestics Start Year Better Than Imports

Company Launches Monthly 'Blue Book Market Report' Examining Weekly Value Trends, Site Traffic, Consumer Shopping IRVINE, Calif., Feb. 17 -- Kelley Blue Book, www.kbb.com, the leading provider of new- and used-car information, today reports an overall increase in recent wholesale market values, as reported in the compa ... Continue reading

Changan Auto To Build Car In Mexico Venture

Changan Auto To Build Car In Mexico Venture

Changan Auto to build car in Mexico venture http://www.gasgoo.com/auto-news/1009377/Changan-Auto-to-build-car-in-Me xico- venture.html Shanghai, February 17 (Gasgoo.com) Chang'an Automobile, the Chongqing-based carmaker that has joint ventures in China with Ford, Mazda and Suzuki, has signed an agreement in Mexico with ... Continue reading

U.S. Auto Parts Network, Inc. Names Ted Sanders, Chief Financial Officer

U.S. Auto Parts Network, Inc. Names Ted Sanders, Chief Financial Officer

Sanders brings 25 years of online, retail, technology finance experience CARSON, Calif., Feb. 17 -- U.S. Auto Parts Network, Inc. , a leading online provider of aftermarket auto parts and accessories, today announced that effective February 16, 2009, the Company has appointed Theodore R. ("Ted") Sanders, Jr. as Chief F ... Continue reading

Cooper Tire, Kenda Rubber End Marketing and Distribution Arrangement

Cooper Tire, Kenda Rubber End Marketing and Distribution Arrangement

FINDLAY, Ohio, Feb. 17 -- COOPER TIRE & RUBBER COMPANY and American Kenda Rubber Industrial Co., Ltd. (d.b.a. Kenda USA Corporation) today announced that effective May 1, 2009, they will be ending their marketing and distribution arrangement with the Kenda brand in the United States and Canada, and at that time, Kenda ... Continue reading

China Automotive Systems Won Two Supplier Awards From Chery Auto

China Automotive Systems Won Two Supplier Awards From Chery Auto

WUHAN, China, Feb. 17 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. , a leading power steering components and systems supplier in China, today announced that its subsidiary, Wuhu Henglong Auto Steering Systems ("WHAS"), won two awards from China's leading independent domestic auto maker, Chery Automobil ... Continue reading

NAVTEQ Network for Developers Showcases Latest Developer Offerings at 2009 Mobile World Congress

NAVTEQ Network for Developers Showcases Latest Developer Offerings at 2009 Mobile World Congress

BARCELONA, Spain, Feb. 17 -- NAVTEQ, a leading global provider of digital map data for vehicle navigation and location-based solutions (LBS), will showcase its latest developer offerings and developer partner efforts at this year's Mobile World Congress in Barcelona, Spain. These demonstrations reaffirm the depth and b ... Continue reading

Lithia Motors Sells Three Colorado Stores

Lithia Motors Sells Three Colorado Stores

MEDFORD, Ore.--Lithia Motors, Inc. , has completed the sale of its Lithia Centennial Chrysler Jeep, Lithia Chrysler Jeep Dodge Fort Collins, and the small Lithia Hyundai of Fort Collins to local Colorado dealer Doug Moreland. The sale of the three stores represents the first group of stores to sell in 2009 for Lithia M ... Continue reading

Auto Parts Inventory Management Innovation Increases Inventory Effectiveness and Savings Through Repair Shop Ticket Analysis

Auto Parts Inventory Management Innovation Increases Inventory Effectiveness and Savings Through Repair Shop Ticket Analysis

Zip codes of vehicles and the outlets where they are repaired differ over 60% of the time. This significant market dynamic is not addressed by most current auto parts inventory management systems. Based on tens of millions of shop tickets from independent (non-dealer) repair outlets nationwide, Shop Ticket Intelligence ... Continue reading

RyanTech Chooses Chrome Vehicle Data to Enhance Online Experience for AAA Members

RyanTech Chooses Chrome Vehicle Data to Enhance Online Experience for AAA Members

PORTLAND, Ore.--Chrome® Systems Inc., a subsidiary of DealerTrack Holdings, Inc. and an industry leader in managing automotive data, today announced that RyanTech, Inc. has selected Chrome’s vehicle data to enhance the website services it provides to AAA. By incorporating Chrome’s comprehensive year, make, ... Continue reading

Financial Year 2008: Group EBIT of EUR2.7 billion (2007: EUR8.7 billion)

Financial Year 2008: Group EBIT of EUR2.7 billion (2007: EUR8.7 billion)

- Net profit of EUR1.4 billion (2007: EUR4.0 billion) - Revenue of EUR95.9 billion (2007: EUR99.4 billion) - Dividend to amount to EUR0.60 per share (2007 EUR2.00) - Outlook: substantial burdens on EBIT anticipated for 2009 - Intensified efficiency programs STUTTGART, Germany, Feb. 17 -- Daimler AG today presented its ... Continue reading

Nikolai Setzer Takes Over as Temporary Head of Continental's Tyre Division

Nikolai Setzer Takes Over as Temporary Head of Continental's Tyre Division

HANOVER, Germany, February 17 -- - Picture is Available via EPA (European Pressphoto Agency) and can be Downloaded Free of Charge at: http://www.presseportal.de/pm/22259/1353916/continental_ag On 1st March 2009 Nikolai Setzer will take over temporary management of the Car Tyre Division, in addition to the position he a ... Continue reading

new video: advanced secrets to finding and filling jobs in 2009

new video: advanced secrets to finding and filling jobs in 2009

Using Cyber Marketing and MySpace to Find and Fill Jobs in 2009 HireAbility's Recruiter Training Center is bringing you an exclusive online training series that will catapult your recruiting career during these tough economic times. This month, HireAbility.com is bringing you an exclusive Part I and Part II series from ... Continue reading

China XD Plastics Recognized as Enterprise with Highest Growth Potential by China Engineering Plastics Industry Association

China XD Plastics Recognized as Enterprise with Highest Growth Potential by China Engineering Plastics Industry Association

HARBIN, China, Feb. 17 /PRNewswire-Asia-FirstCall/ -- China XD Plastics Company Ltd. (''China XD Plastics'' or the ''Company''), (OTC:CXDC) (BULLETIN BOARD: CXDC) , the largest Chinese manufacturer of modified plastics for automotive applications, is engaged in the development, manufacturing, and distribution of modifi ... Continue reading

DealerTrack Announces Departure of ALG CEO John Blair

DealerTrack Announces Departure of ALG CEO John Blair

LAKE SUCCESS, N.Y.--DealerTrack Holdings, Inc. , a leading provider of on-demand software and data solutions for the U.S. automotive retail industry, today announced that John Blair, the long-time CEO of Automotive Lease Guide (ALG), will be leaving the company to pursue new business endeavors. Blair has been with ALG ... Continue reading

Media Advisory: Chrysler LLC Conference Call to Discuss Viability Plan Submission to United States Treasury

Media Advisory: Chrysler LLC Conference Call to Discuss Viability Plan Submission to United States Treasury

What: Telephone conference call to discuss Chrysler LLC's Viability Plan submission to the U.S. Treasury When: Tuesday, February 17, 2009 - 5:00 p.m. EST Who: Bob Nardelli, Chairman and CEO Tom LaSorda, Vice Chairman and President Jim Press, Vice Chairman and President Ron Kolka, Executive Vice President and Chief Fina ... Continue reading

Manheim Consulting Launches Quarterly Report on Canadian Automotive Market

Manheim Consulting Launches Quarterly Report on Canadian Automotive Market

FOR IMMEDIATE RELEASE CONTACT: Andrew Maraniss February 17, 2009 McNeely Pigott & Fox (615) 259-4000 amaraniss@mpf.com MANHEIM CONSULTING LAUNCHES QUARTERLY REPORT ON STATE OF CANADIAN WHOLESALE VEHICLE MARKET Canadian Automotive Brief Provides Insights, Analysis on Vehicle Remarketing Industry ATLANTA - Manheim Consul ... Continue reading

AT&T Delivers Network Services to Sonic Automotive Dealerships Nationwide

AT&T Delivers Network Services to Sonic Automotive Dealerships Nationwide

AT&T Helps Leading Automotive Retailer Increase Backup Data Network Speeds and Improve Customer Applications Performance CHARLOTTE, N.C., Feb. 17 -- AT&T* today announced a three-year contract with Sonic Automotive Inc., one of the nation's leading automotive retailers. The contract extends AT&T's network aggregation s ... Continue reading

Highway Toll Administration, Travelocity Introduce TravelPass Toll Tag for Online Car Renters

Highway Toll Administration, Travelocity Introduce TravelPass Toll Tag for Online Car Renters

GREAT NECK, N.Y.--Highway Toll Administration, LLC (HTA), the pioneering electronic-toll-payment service provider, has introduced the TravelPass mail-order program that provides electronic tolling devices, or tags, to travelers who book car rentals through Travelocity, a top online provider of consumer-direct travel se ... Continue reading

Frost & Sullivan Discusses Low Cost Vehicles and Technologies - Lifeline for a Grim Market?

Frost & Sullivan Discusses Low Cost Vehicles and Technologies - Lifeline for a Grim Market?

LONDON, Feb. 17 -- The Automotive & Transportation Group at Frost & Sullivan is pleased to announce its 2009 Quarterly Analyst Briefing Presentation on the Low Cost Vehicles and Technologies Market to be held on Wednesday, March 4, 2009 at 4.00 p.m. GMT. (Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO) With ... Continue reading

State Auto Financial Reports Fourth Quarter 2008 Results

State Auto Financial Reports Fourth Quarter 2008 Results

COLUMBUS, Ohio--State Auto Financial Corporation today reported a fourth quarter 2008 net loss of $0.6 million, or $0.02 per diluted share, versus net income of $41.7 million or $1.01 per diluted share for the fourth quarter of 2007. Net income from operations* per diluted share for the fourth quarter 2008 was $0.53, v ... Continue reading

BorgWarner Variable Cam Timing Technology Improves Performance for 2010 Model Year Jaguar XK/XKR and XF/XFR

BorgWarner Variable Cam Timing Technology Improves Performance for 2010 Model Year Jaguar XK/XKR and XF/XFR

BorgWarner's Industry-First Technology Provides Quick Response for an Exhilarating Drive AUBURN HILLS, Mich., Feb. 17 -- BorgWarner's Cam Torque Actuated (CTA(TM)) variable cam timing (VCT) technology is featured on the all new Jaguar AJ-V8 Gen III 5.0-liter V8 engine, revealed at the North American Auto Show on the 20 ... Continue reading

AWEA Praises Congress and President for Adopting Stimulus Bill

AWEA Praises Congress and President for Adopting Stimulus Bill

FOR IMMEDIATE RELEASE: Contact: February 17, 2009 Christine Real de Azua, (202) 383-2508, crealdeazua@awea.org Julie Clendenin (202) 384-3090, jclendenin@awea.org U.S. WIND ENERGY INDUSTRY PRAISES CONGRESS AND PRESIDENT FOR ADOPTING STIMULUS BILL Renewable energy provisions will help industry sustain momentum, create j ... Continue reading

ArvinMeritor Names Christopher Kete Vice President and General Manager of Specialty Products Business Unit

ArvinMeritor Names Christopher Kete Vice President and General Manager of Specialty Products Business Unit

TROY, Mich., Feb. 17 -- ArvinMeritor, Inc. announced today that it has appointed Christopher Kete, vice president and general manager, Specialty Products. In this position, Kete will be responsible for ArvinMeritor's growing Specialty Products business unit, serving the military and defense, off-highway, bus and coach, ... Continue reading

Steelworkers Commend Obama for Selecting USW Expert for Auto Restructuring

Steelworkers Commend Obama for Selecting USW Expert for Auto Restructuring

PITTSBURGH, Feb. 17 /PRNewswire-USNewswire/ -- President Obama selected the perfect negotiator, expert and innovative thinker when he chose Ron Bloom, a special assistant to United Steelworkers (USW) International President, to serve as a senior advisor in the Treasury Department for U.S. auto industry restructuring, s ... Continue reading

Avon Automotive Completes Refinancing, Recapitalization

Avon Automotive Completes Refinancing, Recapitalization

CADILLAC, Mich.--Avon Automotive Holdings Inc. and its subsidiaries announce that it has completed a refinancing and recapitalization that has substantially reduced the company’s debt and improved its capital structure. As part of the recapitalization, Crystal Capital of Boston, Mass. contributed new equity and be ... Continue reading

Lippert Components Hires Industry Veteran to Advance Marketing Strategies, Build Brand

Lippert Components Hires Industry Veteran to Advance Marketing Strategies, Build Brand

GOSHEN, Ind., Feb. 17 -- Jason Lippert, President and CEO of Lippert Components, Inc., Goshen, Indiana, a wholly-owned subsidiary of Drew Industries Incorporated , announced today that the Company has hired Brian Donat, a 13-year veteran of the recreational vehicle (RV) industry, as director of marketing strategies, ne ... Continue reading

Small Businesses are Invited to a Free Sales Compensation Webinar Featuring Car Dealership AutoSmart America and Experts from Makana Solutions

Small Businesses are Invited to a Free Sales Compensation Webinar Featuring Car Dealership AutoSmart America and Experts from Makana Solutions

AutoSmart Manager will explain how better sales compensation plans motivate sales teams and reduce the time required to process commissions LEXINGTON, Mass., Feb. 17 -- Makana(R) Solutions Inc., the leading provider of self-service sales compensation solutions, today announced a complimentary Webinar featuring AutoSmar ... Continue reading

Major order for Volvo Buses in Canada

Major order for Volvo Buses in Canada

STOCKHOLM--Regulatory News: Volvo Buses’ (STO:VOLVA) (STO:VOLVB) subsidiary Nova Bus has received an order for 410 city buses to Montreal in Canada. The order is valued at SEK 1.3 billion and deliveries will be made over three years beginning in 2009. The city transit corporation in Montreal, STM, has decided to c ... Continue reading

OriginOil Signs Cooperative Agreement with Department of Energy

OriginOil Signs Cooperative Agreement with Department of Energy

LOS ANGELES--OriginOil, Inc. (OTCBB: OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, announced that it has signed a Cooperative Agreement with The United States Department of Energy's Idaho National Laboratory (INL). ... Continue reading

WHAS11 Launches Mobile Traffic Camera Service

WHAS11 Launches Mobile Traffic Camera Service

WHAS11 Mobile Traffic Tracker Helps Louisville Area Commuters to Plan Best Route for their Daily Commute LOUISVILLE, Ky., Feb. 17 -- A free mobile traffic video service is now available to the Louisville-area commuters, helping them plan the most efficient route to their office, home or leisure destinations. The 11 Mob ... Continue reading

Capps not resting on his laurels

Capps not resting on his laurels

DON SCHUMACHER RACING 2009 NHRA Full Throttle Drag Racing Series Round 2 of 24 NHRA Arizona Nationals Firebird International Raceway Chandler, Ariz. Feb. 20-22, 2009 FOR IMMEDIATE RELEASE Contact: Judy Stropus, 203-438-0501; cell 203-243-2438; jstropus@earthlink.net CAPPS NOT RESTING ON HIS LAURELS CARLSBAD, Calif. (Fe ... Continue reading

Beckman returns to Phoenix with one goal: to repeat

Beckman returns to Phoenix with one goal: to repeat

DON SCHUMACHER RACING 2009 NHRA Full Throttle Drag Racing Series Round 2 of 24 NHRA Arizona Nationals Firebird International Raceway Chandler, Ariz. Feb. 20-22, 2009 FOR IMMEDIATE RELEASE Contact: Judy Stropus, 203-438-0501; cell 203-243-2438; jstropus@earthlink.net BECKMAN RETURNS TO PHOENIX WITH ONE GOAL: TO REPEAT N ... Continue reading

Lucas gets creative to describe Phoenix race track

Lucas gets creative to describe Phoenix race track

Lucas gets creative to describe Phoenix race track PHOENIX (Feb. 17) -- Top Fuel driver Morgan Lucas scans his mind for the proper word to describe the drag strip at Firebird International Raceway, the site of this weekend's 25th annual Lucas Oil Slick Mist NHRA Nationals. After a moment of reflection, the driver of th ... Continue reading

There’s Safety in the Luxury: Custom Obama-Style LCW Presidential Limousine Includes VIP Amenities, Functional Defense

There’s Safety in the Luxury: Custom Obama-Style LCW Presidential Limousine Includes VIP Amenities, Functional Defense

SAN ANTONIO--LCW Automotive Corp., worldwide manufacturer of limousines and luxury vehicles, announces its 2009 presidential-style Cadillac limousine is in the prototype stage. “There has been a great deal of speculation about the new presidential limousine – code named Stagecoach – ever since it was off ... Continue reading

With opener behind him, rookie Hagan targets Phoenix success

With opener behind him, rookie Hagan targets Phoenix success

(EDITORS: Please note that the correct spelling of Matt Hagan's name is HAGAN - not Hagen. Many thanks.) DON SCHUMACHER RACING 2009 NHRA Full Throttle Drag Racing Series Round 2 of 24 NHRA Arizona Nationals Firebird International Raceway Chandler, Ariz. Feb. 20-22, 2009 FOR IMMEDIATE RELEASE Contact: Judy Stropus, 203- ... Continue reading

Teleconference Advisory: Wed., Feb 18th - AWEA and SEIA Announce Green Power Superhighways Release

Teleconference Advisory: Wed., Feb 18th - AWEA and SEIA Announce Green Power Superhighways Release

FOR IMMEDIATE RELEASE: Contact: February 17, 2009 Julie Clendenin, AWEA, jclendenin@awea.org Jared Blanton, SEIA, jblanton@seia.org NEWS ADVISORY: SOLAR, WIND INDUSTRIES TO UNVEIL WHITE PAPER ON GREEN TRANSMISSION SUPERHIGHWAY WHAT: National call-in news conference to announce the release of Green Power Superhighways: ... Continue reading

H.E.A.T. Reports Shift in Auto-Related Crime Activity

H.E.A.T. Reports Shift in Auto-Related Crime Activity

Auto Thefts Down, Carjackings and Fraud on the Rise LIVONIA, Mich., Feb. 17 -- H.E.A.T. (Help Eliminate Auto Thefts) responded today to 2007 statistics released by the Automobile Theft Prevention Authority (ATPA) that indicate a decrease in the number of vehicles stolen in Michigan. "H.E.A.T. is pleased to see an overa ... Continue reading

Compli Releases Version 5.0 to Their Clients

Compli Releases Version 5.0 to Their Clients

PORTLAND, Ore.--Compli®, the leading provider of on-demand dealership compliance management software for U.S. auto dealers, today announced the release of Version 5.0 of the Compli Dealership Compliance Management System (DCMS). Version 5.0 brings new content and features new abilities for administrators to readily ... Continue reading

Wavecom and Celevoke Team for Stolen-Vehicle Recovery, Reduced Insurance Rates

Wavecom and Celevoke Team for Stolen-Vehicle Recovery, Reduced Insurance Rates

RESEARCH TRIANGLE PARK, N.C.--Regulatory News: Wavecom (Paris:AVM) and Celevoke today announce the signing of a Memorandum of Understanding outlining plans to work together in the development and marketing of Celevoke automotive and motorbike tracking products using the Wavecom Q2687 Wireless CPU® and related servic ... Continue reading

Carmaking Close to the Customer: the European Fightback

Carmaking Close to the Customer: the European Fightback

SUNDERLAND, England, February 17 -- The fightback of Europe as a cost-effective centre for car production was set out by OEMs and their suppliers at last week's International Automotive Conference in the UK. Speakers including executives from Ford, Nissan and Jaguar Land Rover emphasised that the whole cost, including ... Continue reading

Exchange Service Station Joins Forces With Daihatsu

Exchange Service Station Joins Forces With Daihatsu

Japanese compact car specialist Daihatsu has increased its dealer network in Aberystwyth following the appointment of Exchange Service Station, Capel Bangor, Ceredigion, proving that it's not all doom and gloom in Wales for the automotive industry. ... Continue reading

FARMERS INSURANCE TO SPONSOR KVAPIL IN SUNDAY'S NASCAR SPRINT CUP RACE

FARMERS INSURANCE TO SPONSOR KVAPIL IN SUNDAY'S NASCAR SPRINT CUP RACE

CONCORD, N.C. February 17, 2009: Yates Racing announced today that Farmers Insurance Group of Companies®, will sponsor Travis Kvapil and the No. 28 Ford Fusion in the February 21st NASCAR Sprint Cup Series race at Fontana, California. "It’s another great opportunity for the No. 28 team and Yates Racing to have ... Continue reading

Kevin Cooper Motor Factors Reduce Costs With New Van Fleet Of 30 Peugeot Bippers

Kevin Cooper Motor Factors Reduce Costs With New Van Fleet Of 30 Peugeot Bippers

Devon-based car parts delivery company Kevin Cooper Motor Factors has reduced fuel bills by some 40% after switching to a fleet of 30 Peugeot Bipper vans. ... Continue reading

Renault's Powertrain Range: A Clean Break In Terms Of Co2 Emissions

Renault's Powertrain Range: A Clean Break In Terms Of Co2 Emissions

Renault knows that dramatically reducing fuel consumption and CO2 emissions is vital in today's world. Renault already ranks among Europe's top three car manufacturers for the lowest CO2 emissions, and its sights are now set on moving to the number one position. To achieve this objective, Renault is currently working o ... Continue reading

Two New Five-Cylinder Diesels From Volvo: More Power And Less Fuel Consumption

Two New Five-Cylinder Diesels From Volvo: More Power And Less Fuel Consumption

Volvo Cars sharpens the company's diesel offer. Two entirely new five-cylinder, 2.4-litre turbo diesels give the customers the attractive possibility to combine more power with class-leading fuel consumption and CO2-emissions. ... Continue reading

New Insignia Marks 5-Million Car Landmark For Vauxhall In Midsize Sector

New Insignia Marks 5-Million Car Landmark For Vauxhall In Midsize Sector

With almost five million post-war passenger cars produced, mainly for the domestic market, Vauxhall can lay claim to have been 'The Wheels of Britain' for more than sixty years now. And fresh from its recent UK dealer launch, the Insignia - with its raft of innovative features in this sector, such as Adaptive 4X4, Inte ... Continue reading

Nikolai Setzer Takes Over As Temporary Head Of Continental's Tyre Division

Nikolai Setzer Takes Over As Temporary Head Of Continental's Tyre Division

On 1st March 2009 Nikolai Setzer will take over temporary management of the Car Tyre Division, in addition to the position he already holds as head of the Replacement Business Car and Light Truck Tyre Division Europe and Africa. ... Continue reading

LIVE Internet Launch of the New BMW 7 Series - COMPLETE VIDEO

LIVE Internet Launch of the New BMW 7 Series - COMPLETE VIDEO

SAN DIEGO, CA - February 17, 2009: At 11AM, EST, BMW will present a live Internet video launch of the all-new 2009 7 Series. You can watch the entire one-hour event right here on TheAutoChannel.com by clicking on the link below. And don't forget to join us again on Wednesday, February 18th at 11AM, EST, as BMW presents ... Continue reading

Financial year 2008: Daimler Group EBIT of EUR2.7 billion (2007: EUR8.7 billion)

Financial year 2008: Daimler Group EBIT of EUR2.7 billion (2007: EUR8.7 billion)

Daimler AG (stock abbreviation DAI) today presented its preliminary and unaudited figures for the Group and the divisions for the 2008 financial year. Daimler achieved EBIT of EUR2,730 million in 2008. ... Continue reading

Melbourne International Motor Show - Be Part of History

Melbourne International Motor Show - Be Part of History

Australians love events. And, with quarter of a million visitors expected this year, they love the Melbourne International Motor Show. This year's Motor Show (Friday February 27 - Monday March 9) is just around the corner and there are plenty of reasons to make it a 'must-see' event. ... Continue reading

2010 Rolls-Royce Phantom - EXCLUSIVE WORLD DEBUT - First Look Video

2010 Rolls-Royce Phantom - EXCLUSIVE WORLD DEBUT - First Look Video

SAN DIEGO, CA - February 17, 2009: Monday night Rolls-Royce allowed about two dozen automotive journalists to see the all-new 2010 Rolls-Royce Phantom for the first time. The unveiling took place at the start of a three-day BMW/MINI Cooper/Rolls-Royce media launch in downtown San Diego. The vehicle shown, which will be ... Continue reading

Father and Son Prove There is a Subaru for All the Family

Father and Son Prove There is a Subaru for All the Family

Having seen the press reports of Subaru's widely-acclaimed new Boxer Diesel range, Matthew Ring from Wellingborough, went along to Milton-Keynes-based dealer, Souls Garages, to find out what all the fuss was about. With a young family to consider, he decided to give the Forester XC Boxer Diesel a chance. Following an e ... Continue reading

Citroën DS Concept to Debut at Geneva Motor Show

Citroën DS Concept to Debut at Geneva Motor Show

The stunning Citroën DS Inside concept will be making its public debut at the 2009 Geneva Motor Show. The chic new model will be displayed alongside the Company's new corporate image. Embodying a bolder, three-dimensional version of the famous Double Chevron logo this new, modern, emblem supports the company's spirit ... Continue reading

Abarth 500: Rebirth of a Legend

Abarth 500: Rebirth of a Legend

Following the huge success of Abarth's re-launch last year, the Fiat Group's performance division has now created the ultimate sporting expression of the 500. By thoroughly re-engineering the highly acclaimed and universally popular city car from the ground up, Abarth has produced a machine purpose-built for the modern ... Continue reading

The Essence Of Infiniti To Be Revealed In Geneva

The Essence Of Infiniti To Be Revealed In Geneva

Infiniti will show visitors to the 2009 International Geneva Motor Show the essence of its brand in one dramatic concept car. ... Continue reading

Eibach Pro-Kit and Pro-Spacer for Honda's Fast Accord Tourer

Eibach Pro-Kit and Pro-Spacer for Honda's Fast Accord Tourer

The times when a station wagon was merely a family car with a bottomless boot are long gone. It has now developed into an athletic everyday car, which also enjoys winding country roads. The new Honda Accord Tourer also falls into this group: a sportive, fancy look with a striking design. ... Continue reading

Subaru Aids Road Trauma Study

Subaru Aids Road Trauma Study

Subaru Australia and the University of New South Wales (UNSW) have joined forces to create an intelligent research vehicle, to help study driving behaviours that contribute to road trauma. ... Continue reading

Mitsubishi Introduces a Smarter, Safer and Sexier Outlander

Mitsubishi Introduces a Smarter, Safer and Sexier Outlander

Mitsubishi has released a special edition of the Outlander SUV, with the addition of stylish, functional and safety-oriented extras. Limited to a release of only 300 units, the specially specced-up Outlander RX is set to leave the competition behind. ... Continue reading

The New Mercedes-Benz E-Class Coupe - Excitement Can Be This Efficient

The New Mercedes-Benz E-Class Coupe - Excitement Can Be This Efficient

The Geneva Motor Show will see the comeback of an intriguing product idea when Mercedes-Benz presents a new model to the Coupé range in the form of the new E-Class. Just three months after the presentation of the Saloon, the brand is launching a highlight in the new model series while continuing a tradition that has r ... Continue reading

Rinspeed 'iChange' Alters its Shape and Automotive Thinking - VIDEO ENHANCED

Rinspeed 'iChange' Alters its Shape and Automotive Thinking - VIDEO ENHANCED

World debut at the Geneva Motor Show 2009 (March 5th-15th): The Swiss auto powerhouse Rinspeed presents the "iChange", the world's first car whose body adapts to the number of passengers on board. For Rinspeed boss Rinderknecht the vehicle is more than just a clever concept car. The "iChange" is a symbol for the fundam ... Continue reading

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