CONCORD, N.C.--World Racing Group, Inc. (OTC Bulletin Board: WRGI), a sports entertainment company and world leader in the sanctioning and promotion of dirt track auto racing, today announced that the Company's Board of Directors, and a majority of its stockholders, have approved a 1-for-101 reverse stock split. The Bo ... Continue reading
LONDON, February 19 -- Tony Woodley, joint general secretary of the UK's biggest union, Unite, has today (Thursday) written to the Chairman of BMW's Board of Management to protest in the strongest possible terms his union's "outrage" at the manner in which 330 BMW agency workers were summarily sacked earlier this week ... Continue reading
Construction Begins on Famed Toyota Grand Prix of Long Beach Racing Circuit
LONG BEACH, Calif.--Just two months to go until Southern California's annual rite of spring! Construction began on the famous 11-turn, 1.97-mile Toyota Grand Prix of Long Beach race circuit on Wednesday morning with the help of Long Beach Mayor Bob Foster. Over the next two months, more than 14 million pounds of concre ... Continue reading
Kia Motors donates mobile clinic in Ethiopia
NEWS FOR IMMEDIATE RELEASE CONTACT: Michael Choo ( <mailto:cdore@kia.co.kr> mjc@kia.co.kr), International Communications Manager, Kia Motors Corporation, Tel: +82-2-3464-5663 Kia Motors donates mobile clinic in Ethiopia - Pregnancy related problems account for 13.8% of in-patient mortality among women of child bearing ... Continue reading
Derek Daly Design Announces Midwest Model Alliance
INDIANAPOLIS, IN February 18, 2009: Derek Daly Design (DDD) is pleased to announce an exclusive agreement with Midwest Model Makers (Midwest) that will enable DDD to bring concepts to life through both physical modeling and computer visualization. âItâs always better to show as opposed to just tell, and being ... Continue reading
LOS ANGELES--Farmers Insurance Group of Companies®, will sponsor Yates Racing --Travis Kvapil and the No. 28 Ford Fusion in the February 21 NASCAR Sprint Cup Series race at Fontana, California. âThis is an exciting first for Farmers and we are pleased to sponsor Travis Kvapil in this Sundayâs Sprint Cup ra ... Continue reading
IN CASE YOU MISSED IT - February 18, 2009
Terry Angstadt, Eric Bachelart and Graham Rahal were guests on todayâs Indy Racing League teleconference, discussing the one-year anniversary of unification About Unification: The IndyCar Series and Champ Car World Series signed an agreement Feb. 22, 2008 to unify North American open-wheel racing under the IndyCar ... Continue reading
Rasameel Structured Finance Proposes $150 Billion Private Investment Plan for Auto Industry
WASHINGTON--Statement from Arthur Pacheco, North American representative for Rasameel Structured Financing, a Kuwait based investment firm. Rasameel is offering an alternative approach to restructuring the American automobile industry, bringing $150 billion in private investment and a ten year plan to recast the indust ... Continue reading
H&E Equipment Services Announces 2008 Fourth Quarter Earnings and Conference Call Date
BATON ROUGE, La.--H&E Equipment Services, Inc. today announced that it will release its 2008 fourth quarter and year-end financial results before the market on Wednesday, March 4, 2009. The Company will also hold a conference call to discuss fourth quarter and year-end results on Wednesday, March 4, 2009, at 10:00 a.m. ... Continue reading
Eagle One Honors Four Car Clubs For Outstanding Community Service Programs For the past 16 years Eagle One's Golden Rule Awards have confirmed that there is more to car clubs than cars. The driving force for most clubs is providing great support to community and charitable causes. Car clubs in four regions of the U.S. ... Continue reading
Earl Scheib, Inc. to Be Acquired by Kelly Capital, LLC for $2.00 Per Share in Cash Merger
SHERMAN OAKS, Calif.--Earl Scheib, Inc. (Pink Sheets: ESHB) announced today that it has entered into a definitive merger agreement pursuant to which Kelly Capital, LLC, a San Diego based private equity fund, will acquire all of the issued and outstanding shares of the common stock of Earl Scheib for $2.00 per share in ... Continue reading
Electric Car Maker ZAP Cheers Electric Car Tax Credits in Stimulus Act
WASHINGTON, DC Feb 18, 2009; Marketwire reported that officials from ZAP say the Stimulus Act signed into law by President Barack Obama yesterday carries a provision in which buyers of its electric cars and trucks can receive a 10 percent tax credit up to $2,500. The plug-in tax credit in the Stimulus Act can be applie ... Continue reading
Dollar Thrifty Automotive Group Reports 2008 Results
TULSA, Okla., Feb. 18 -- Dollar Thrifty Automotive Group, Inc. today reported results for the fourth quarter and year ended December 31, 2008. The net loss for the 2008 fourth quarter was $72.2 million, or $3.36 per diluted share, compared to a net loss of $30.6 million, or $1.45 per diluted share, for the comparable 2 ... Continue reading
GM Europe: Open to discussing partnerships
GM Europe prepared to discuss possible partnerships for Opel; Sweden at odds over Saab BERLIN February 18, 2009; Geir Moulson and Louise Nordstrom writing for the AP reported that General Motors Europe said Wednesday it is prepared to discuss possible partnerships or outside investment for its Adam Opel GmbH arm if tha ... Continue reading
Shanghai VW Cuts price 12% To Boost Sales
Shanghai VW cuts price 12% to boost sales http://www.gasgoo.com/auto-news/1009384/Shanghai-VW-cuts-price-12-to-bo ost-s ales.html Shanghai, February 18 (Gasgoo.com) Shanghai Volkswagen, German Volkswagen AG's Chinese venture with Shanghai Automotive Industry Corp (SAIC), has cut vehicle prices by nearly 12 percent in o ... Continue reading
China's Heavy-duty Truck Sales Down 72% In Jan
China's heavy-duty truck sales down 72% in Jan http://www.gasgoo.com/auto-news/1009390/China-s-heavy-duty-truck-sales- down- 72-in-Jan.html Shanghai, February 18 (Gasgoo.com) China's heavy truck sales fell down by 72% in January 2009 due to the impact of a slowing domestic economy and global financial crisis. Sales of ... Continue reading
HAWTHORNE, Calif.--Symmetry Electronics, a leader in design-oriented electronic component distribution, announced today that it has signed an agreement to add MOSFETs, IGBTs, and Power Management ICs from Advanced Power Electronics Corporation USA. Under the terms of the agreement, Symmetry Electronics is authorized to ... Continue reading
BAIC To Acquire Fujian Motor, Changfeng Motor
BAIC to acquire Fujian Motor, Changfeng Motor http://www.gasgoo.com/auto-news/1009389/BAIC-to-acquire-Fujian-Motor-Ch angfe ng-Motor.html Shanghai, February 18 (Gasgoo.com) To make itself one of China's auto giants, Beijing Automotive Industry Holding Corp (BAIC, or Beijing Auto) is set to expand by acquiring and restr ... Continue reading
Goodyear Reports Fourth Quarter and Full Year 2008 Results
Highlights - Sales of $4.1 billion for quarter, $19.5 billion for year - Pricing/product mix gains of $263 million for quarter, $942 million for year - Significant cost savings of $205 million for quarter, $700 million for year 2009 Actions - Global product leadership extended with more than 50 new tire launches - Cost ... Continue reading
PROVO, Utah--Raser Technologies, Inc. , a leader in geothermal power generation, applauded President Barack Obama and the 111th US Congress for moving quickly to assemble and pass the American Recovery and Reinvestment Act that was signed into law yesterday. The stimulus package contains key investment incentives and t ... Continue reading
China Yuchai International Enters into Loan Agreement with HL Global Enterprises Limited
SINGAPORE, Feb. 18 /PRNewswire-Asia-FirstCall/ -- China Yuchai International Limited ("China Yuchai" or the "Company"), announced today that its wholly owned subsidiary Venture Lewis Limited ("VLL") has entered into a loan agreement with HL Global Enterprises Limited ("HLGE") to refinance the zero coupon, unsecured, no ... Continue reading
PHOENIX--The Universal Technical Institute (UTI) Foundation today announced Kenneth Mazurczak, who attends UTI Sacramento, was selected as the first Roger Penske âOutstanding Studentâ recipient. Kenneth will receive a $12,000 cash award to repay education debt or buy tools. Roger Penske donated $100,000 to cr ... Continue reading
AWARE Provides Four Financing Tips for Today's Auto Shoppers WASHINGTON, Feb. 18 /PRNewswire-USNewswire/ -- The federal stimulus package signed into law by President Obama includes a $2.3 billion tax break for new car and truck buyers, which could save auto buyers hundreds of dollars. With potentially significant savin ... Continue reading
Wynston Hill Capital Named Lead Banker by Smith Electric Vehicles U.S.
NEW YORK, Feb. 18 -- Wynston Hill Capital LLC, a boutique investment bank, announced today that it has been retained by Smith Electric Vehicles U.S. Corporation to serve as the company's lead investment banker. Wynston Hill Capital will assist and advise Smith Electric Vehicles U.S. with regard to the company's financi ... Continue reading
Lyn St. James Launches "NEED FOR SPEED" Experience, for Women Only
Media Release Contact: Jennifer Rottenberg DSNV Marketing Group j.rottenberg@dsnvmarketing.com 310-826-2839 Lyn St. James Launches "Need for Speed" Experience For Women Only High Performance Driving Combined with Physical, Mental and Life Skills Coaching Phoenix, AZ (February 17, 2009) - Auto racing legend Lyn St. Jame ... Continue reading
SOUTHFIELD, Mich., Feb. 18 -- The debate about the viability of the domestic automakers and their suppliers is about to be joined by a new voice: auditors. According to Grant Thornton LLP's Corporate Advisory and Restructuring Service, it is possible that a number of publicly traded companies in the automotive industry ... Continue reading
DMS Update Introduces Simple Way for Auto Dealers to Clean up Customer Information
LA CROSSE, Wis., Feb. 18 -- Authenticom, a data and technology company, has introduced DMS Update to assist auto dealers in maintaining up to date information on customers in their dealer management systems (DMS). Authenticom a long time provider of data hygiene services to top tier vendors and vehicle manufacturers id ... Continue reading
Hundreds of Unite Members on Strike Action Vow to Strike Again
LONDON, February 18 -- Unite members at Sogefi Filtration Ltd in South Wales are continuing their strike action today following action by management which the union believes breached long standing agreements. The workers warn that further strikes will follow unless management move towards an amicable settlement. Over 4 ... Continue reading
Re : 4th LUCAS Dhaka Motor Show 2009 - Dhaka, Bangladesh
We invite you to participate in the biggest and ONLY International Exhibition for the Automotive world of Bangladesh 4th LUCAS Dhaka Motor Show 2009 Schedule Date : 18 ~ 21 March 2009 [4 days ] Venue : Bangladesh - China Friendship Conference Centre, Dhaka - Bangladesh Opening Hours : 10.30 am to 8.00 pm Frequency : An ... Continue reading
Zipcar Launches Plug-in Hybrid Electric Vehicle Pilot Program in San Francisco
Company joins Mayor Gavin Newsom's efforts to drive awareness and use of environmentally friendly electric vehicles SAN FRANCISCO, Feb. 18 -- Zipcar, the world's largest provider of cars-on-demand by the hour or day, today announced it has launched a pilot program for plug-in hybrid vehicles in its Bay Area fleet throu ... Continue reading
City CarShare Partners in Newsom’s Green Vehicle Showcase
SAN FRANCISCO--Today, City CarShare (CCS) is participating in Mayor Newsomâs Green Vehicle Showcase that will highlight the next generation of environmentally responsible vehicles. CCS is providing a plug-in hybrid electric vehicle that will be part of the display as well as available to CCS members to use for the ... Continue reading
The Mint Leasing, Inc. Celebrates 10th Anniversary in 2009
Provider of Innovative Vehicle Leasing Solutions Faces Bright Future as Franchised Auto Dealers Seek Financial Flexibility for Customers HOUSTON, Feb. 18 -- The Mint Leasing, Inc., (OTC Bulletin Board: MLES), a provider of innovative vehicle leasing solutions, today announced that the Company is celebrating its 10th An ... Continue reading
City of San Francisco Unveils Charging Stations for Electric Vehicles
SAN FRANCISCO--Coulomb Technologies, the leader in electric vehicle infrastructure, today announced the City of San Francisco has installed its Smartlet⢠Networked Charging Stations at City Hall. The charging stations are a part of a two-year public demonstration conducted with the City of San Francisco - a pilot ... Continue reading
LoJack Corporation Reports Fourth Quarter and Year End 2008 Results; Provides 2009 Guidance
WESTWOOD, Mass., Feb. 18 -- LoJack Corporation reported today that revenue for the fourth quarter ended December 31, 2008 declined 13% to $48.2 million, from $55.3 million in the same period of the prior year. Net income, calculated in accordance with generally accepted accounting principles ("GAAP"), for the fourth qu ... Continue reading
Zipcar Partners with Open Books to Help Promote Literacy in Chicago
Company donates use of vehicles to help organization reduce costs while collecting funds CHICAGO, Feb. 18 -- Zipcar, the world's largest provider of cars on demand by the hour or day, and Open Books, Chicago's nonprofit literacy bookstore, today announced a partnership under which Zipcar will serve as the nonprofit's t ... Continue reading
ROUSH AND PERC PROGRESS TOWARD DETROIT'S GREEN-COLLAR REVOLUTION
<b><i>ROUSH and PERC Shift Focus to Existing Green Technology to Make Biggest Impact Now</b></i> Livona, MI February 18, 2009: ROUSH® Performance, with support from the Propane Education & Research Council (PERC), today introduced two new alternative fuel vehicles available through Ford dealers in the United States an ... Continue reading
Rolex 24 At Daytona's SPEED Viewership Increases 47 Percent
<b><i>The ratings for the Fresh From Florida 200, the opening round of the Grand-Am KONI Sports Car Challenge, were up 77 percent</b></i> DAYTONA BEACH, Fla. February 17, 2009: Television viewership of the Rolex 24 At Daytona broadcasted on SPEED for the opening round of the 2009 Grand-Am Rolex Sports Car Series presen ... Continue reading
Cars.com Reports Record Used Car Activity
Offers Advice on Top Used Vehicles Under $10,000 CHICAGO, Feb. 18 -- With a national focus on cost-cutting, the used-car market has come roaring back into the spotlight for car buyers seeking value. Cars.com saw a record number of consumers contacting dealers for used cars on Feb. 16, and overall consumer contacts with ... Continue reading
Tel West Fill-Up CITGO Offers Stimulus Package for Consumers and Major Automakers
Local Gas Station Extends Program to Offer Free Fuel with Purchase of a New American-Made Car BROWNSTOWN, Mich., Feb. 18 -- While the country debates bailouts and stimulus packages, one local business has developed its own program to support the local community. The Tel West Fill-Up CITGO station, located at 22800 Tele ... Continue reading
Re: PRESS RELEASE: High Desert Trails Rally to run February, 21st in California!
PRESS RELEASE High Desert Trails Rally Ridgecrest, California rally@highdeserttrails.com Release Date: 2/18/2009 â FOR IMMEDIATE RELEASE Event Announcement â Presented by Kris & Christine Marciniak *********************************************************************** *** "TWENTY TEAMS SET TO CHALLENGE THE H ... Continue reading
Hoosier Hopes to Rebound at Sponsor's Home Track
KANNAPOLIS, N.C. February 18, 2009): Ryan Newman has never claimed a home-field advantage at Auto Club Speedway in Fontana, Calif. In fact, California couldnât be farther from the comforts of home that Newman the outdoorsman has grown to love. But this weekend, the Indiana native comes to the 2-mile California tra ... Continue reading
HUNTERSVILLE, N.C. February 18, 2009: One certainly canât blame Kyle Busch for his disappointment following Sundayâs Daytona 500. The talented 23-year old dominated the first 123 laps of the season-opening NASCAR Sprint Cup Series race, leading twice for a race-high 88 laps around the 2.5-mile oval before get ... Continue reading
Eric McClure Preview - Fontana - February 18, 2009
Eric McClure and Hefty® Brand Notes of Interest: * Last Race (Camping World 300âDaytona International Speedway) o Eric McClure started the Camping World 300 in the 36th position after posting the ninth fastest practice time on Friday. o Shortly after the halfway mark, McClure was tagged from behind while slowin ... Continue reading
What Have You Done For Me Lately?
KANNAPOLIS, N.C. February 18, 2009: Third in the Budweiser Shootout. Second in the Gatorade Duel. Eighth in the Daytona 500. And just for fun, a win in the season-opening NASCAR Nationwide Series race. Not a bad Speedweeks for Tony Stewart at Daytona (Fla.) International Speedway, especially considering that despite it ... Continue reading
A1GP - TEAM USA - ANDRETTI PRE-RACE COMMENTS - February 18, 2009
Who: A1 Team USA driver Marco Andretti What: Go-GP.Org A1GP Gauteng, South Africa, Round 5 of 9 Where: Kyalami Grand Prix Circuit,Gauteng, South Africa When: Sunday, Feb. 22, 2009 Television: A1GP TV, www.a1gp.com, 4 a.m. (EST) Marco Andretti on Gauteng: "I'm looking forward to the race at Kyalami. It's a new circuit f ... Continue reading
AMG Performance and Design Presented at Mercedes-Benz Fashion Week Fall Collection
NEW YORK, Feb. 18 -- Mercedes-AMG, the high-performance brand from Mercedes-Benz cars, is displaying two distinct and high-powered vehicles at events surrounding Mercedes-Benz Fashion Week New York Fall 2009 runway shows connecting the world of fashion with unique vehicle design and quality craftsmanship. For over a de ... Continue reading
White River Capital, Inc. Announces Results for 2008
INDIANAPOLIS--White River Capital, Inc. (NYSE Alternext US: RVR) (âWhite Riverâ) today announced net income for the fourth quarter 2008 was $0.8 million, or $0.21 per diluted share, compared to fourth quarter 2007 net income of $1.6 million, or $0.42 per diluted share. The net income results for the fourth qu ... Continue reading
Arthur D. Little: New Report Explores ‘The Beginning of the End for Oil?’
LONDON--A new report released today by management consultancy Arthur D. Little questions the energy sectorâs consensus view that demand for oil will rise ever higher, driven in particular by consumption in the BRIC countries. Instead, it envisions that, as a result of an anticipated public policy shift, oilâs ... Continue reading
NEW YORK, Feb. 18 -- The Automotive Hall of Fame has awarded Mark Schienberg, president of the Greater New York Automobile Dealers Association (GNYADA), its 2009 Distinguished Service Citation. As the Automotive Hall of Fame's oldest recognition, initiated in 1940, the Distinguished Service Citation recognizes an indiv ... Continue reading
Dealix Launches Green Choices on Usedcars.com
Visitors Research and Shop for Green Vehicles Based on Latest EPA Standards REDWOOD CITY, Calif., Feb. 18 -- Dealix, a Division of Cobalt, has launched the "Green Choices" section on the site Usedcars.com, establishing a place for visitors to research and shop for used cars online based on their top "green" criteria, a ... Continue reading
IRVINE, Calif.--Thousands of letters to Washington legislators and regulators have been generated by the powersports industry since the ban on youth motorcycles and ATVs began one week ago. The Motorcycle Industry Council and the Specialty Vehicle Institute of America staged a letter-writing campaign at Dealer Expo 200 ... Continue reading
Press Release - Zircotec completes management buy out
Dear Editor, Please find below the latest press release from Zircotec regarding the completion of its management buy out. We thought this might be of interest to your readers. High resolution images are available on www.autopresspoint.com. Alternatively please contact nick.bailey@m-eng.com. Kind regards, Rebecca Curry ... Continue reading
Averna's Proligent(TM) 4.1 enables automatic remote test updates and superior data reporting
MONTREAL, Feb. 18 -- Averna today announced the release of Proligent(TM) 4.1, The Test Engineering Platform(TM), giving OEMs capabilities for updating remote test stations automatically, and for gaining quick access to massive amounts of test data. These companies will use the new Test Package Manager to deploy test so ... Continue reading
Acacia Subsidiary Enters Into License Agreement With Cheetah Software Systems, Inc.
NEWPORT BEACH, Calif.--Acacia Research Corporation announced today that its subsidiary, Telematics Corporation, has entered into a patent license agreement with Cheetah Software Systems, Inc. The Telematics technology generally relates to systems and methods for displaying mobile vehicle information on a map. This tech ... Continue reading
OAISYS Tracer Quality Assurance Software Helps Drive Auto Dealer Success
TEMPE, Ariz.--Tracer, the award-winning professional interaction management software from OAISYS®, an industry-leading provider of call recording solutions for small- and medium-sized businesses (SMB) and call centers, is helping automotive dealerships across the nation to overcome the challenges of a weakened economy ... Continue reading
Cycle Country Accessories Corp. Announces Q 1, 09 Earnings of 6 Cents Per Share
MILFORD, Iowa--Cycle Country (AMEX:ATC - News), a leading supplier of ATV accessories, Golf Accessories, Oil Filters and Contract Manufacturing services announces its return to profitability in Q1 09 with a EPS of 6 cents; this compares to 11 cents for the same period a year ago. The company purchased, at an average pr ... Continue reading
The Next Solutions, Inc. Announces New Director of Client Development
Timm Cuzzo signs on to enhance dealer-client relationships, efficiencies and customer service with The Next Up software system ANAHEIM, Calif., Feb. 18 -- With much of the automotive industry in crisis, dealers nationwide are taking steps to increase their competitive edge and maintain that crucial marketplace strongho ... Continue reading
In This Issue E-Force Mustang Supercharger Now Shipping Magnaflow Unleashes More Power And Better Sound No More Cutting Your Factory ECU Wires With AEM First To Market DiabloSport 09 HEMI Applications ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~ Parts Pro Logo [http://rs6.net/tn.jsp ... Continue reading
SAN FRANCISCO--The US recession has not only hit the home, it has hit the garage. A new study by DriverSide.com and Kelton Research shows that more than four out of every five US car owners now plan to keep their current car longer, due to the bad economic climate. According to the survey of US vehicle owners aged 18 a ... Continue reading
[RealWire] Skoda Launches GreenLine Superb
Company: Ãkoda (http://www.skoda.co.uk/) Release summary: Ãkoda <http://www.skoda.co.uk> has announced the launch of its new Superb GreenLine <http://www.skoda.co.uk/superb> . Available in January, the Superb GreenLine is powered by a 1.9-litre TDI PD DPF which produces 105 bhp and is capable of 55.4mpg on the co ... Continue reading
Contact: Lillian Bell (717) 292-1696 -FOR IMMEDIATE RELEASE Susquehanna Speedway Park Takes Shape for 2009 Newberrytown, PA (February 19, 2009) - The 2009 racing season for the Susquehanna Speedway Park is taking shape as track preparer, Bobby Weaver has been hard at work moving clay around the track. He has removed at ... Continue reading
Lexus of Richmond Debuts the new 2010 Lexus RX 350
RICHMOND, Va., Feb. 18 -- Lexus of Richmond is giving customers and friends a sneak peak of the new 2010 Lexus RX 350 on a special two minute video preview on Fox35TV. The video will highlight the exciting third generation RX that will be shown right before the popular American Idol television program. The preview will ... Continue reading
Fitch: Declining Credit Metrics To Continue for U.S. Auto Finance Companies
NEW YORK--A confluence of broader economic pressures are expected to lead to deteriorating credit metrics and higher funding costs for U.S. auto finance companies throughout this year, according to Fitch Ratings in a new report. Contributing to Fitch's Negative Outlook for the auto finance industry will be a slowing ec ... Continue reading
[RealWire] Volkswagen Caddy To Return To The Track For More Success
Company: Volkswagen (http://www.volkswagen-vans.co.uk/ <http://www.palisade.com/ > ) Release summary: Following its best-ever track results in 2008, hopes are high that the coming season of the Volkswagen Racing Cup <http://www.vw-cup.co.uk> might provide even greater success for the world's only racing van - the VW Ca ... Continue reading
DEARBORN, Mich., Feb. 18 -- Ford Receives Boost from Michigan for Electric Vehicle and Battery Development Ford Motor Company received a $55 million incentive from the Michigan Economic Development Corporation (MEDC) for its work in advanced battery and electric vehicle development. The refundable tax credits are throu ... Continue reading
Mekonomen: Year-end Report 1 January – 31 December
STOCKHOLM--Regulatory News: Mekonomen (STO:MEKOB): 1 January â 31 December Revenues increased by 6 per cent to SEK 2,691 M (2,550). EBIT increased to SEK 251 M (250) and the EBIT margin amounted to 9 per cent (10). Profit after financial items amounted to SEK 261 M (418). Profit after financial items in the preced ... Continue reading
Attached is a press release for the TOUCHLESS CAR COVER Here is a brief comment that Hemmings put in their weekly online newsletter: TOOLS, BITS & PIECES Touchless cover The Touchless Car Cover protecting a 2008 Aston Martin Vantage photo courtesy Touchless Car Cover Developed by two gentlemen with boundless affection ... Continue reading
New Lexus RX 450h To Make European Debut At Geneva
The all-new RX 450h will make its European debut as the centrepiece of the Lexus stand at the Geneva motor show on 3 March. Significant revisions to the Lexus Hybrid Drive powertrain will deliver substantially lower carbon dioxide emissions when the luxury crossover goes on sale in the UK this summer, setting a new ben ... Continue reading
£1,000 Shopping Spree For Suzuki Competition Winner
Fashion aficionado, Hannah Sherwood, from Newton Abbott in Devon, was presented with a cheque by Suzuki GB Zone Sales Manager Anthony Wallace, for a £1,000 shopping spree at the Bullring shopping centre in Birmingham, West Midlands, following a competition on the Suzuki automobiles stand during the recent 20th anniver ... Continue reading
Wage Agreement Concluded At Skoda Auto
The representatives of Skoda Auto, Metalworkers' Federation KOVO and Independent labor unions Skoda agreed through collective bargaining on increasing wages between January 1, 2009 and March 31, 2010, which is to be carried out gradually in three phases. ... Continue reading
The Spanish Model Receives Two New Awards -The Seat Ibiza, Singled Out In Poland And Portugal
The new SEAT Ibiza received two new awards, one in Poland and the other in Portugal, that add to the long list of prizes given to the Spanish model since its launch in mid 2008. The readers of Auto Bild in Poland gave SEAT's car the prestigious 'Auto 1' award, while in the neighbouring country the Ibiza was chosen 'Sma ... Continue reading
Mazda Participates in 'ITS-Safety 2010' Combined Trials
Mazda Motor Corporation has announced it will participate in the 'ITS-Safety 2010' combined tests of automotive Intelligent Transportation Systems (ITS) in Japan. Mazda will provide Mazda MPV and Mazda Atenza (known as the Mazda6 overseas) vehicles - equipped with advanced safe driving systems it has developed - for us ... Continue reading
New Ford Ranger: Ready To Play As Hard As It Works
The new Ford Ranger makes its European debut at the 2009 Geneva Motor Show, combining sleek and modern exterior design with genuine toughness and durability. Ford Ranger plays as hard as it works, both on and off-road. ... Continue reading
New Focus RS Leads Ford Production Car Range At Geneva
The new Ford Focus RS has arrived. At the 2009 Geneva Motor Show, Ford of Europe's fastest volume model ever debuts in final production form for the first time, following its preview at the London and Paris Motor Shows last year. ... Continue reading
Official Opening of the Daimler Representative Office in Iraq
In the presence of German Foreign Minister Dr. Frank-Walter Steinmeier and Nuri al-Maliki, Prime Minister of Iraq, Daimler AG today opened a corporate representative office for Iraq in Baghdad. The opening is a first concrete step toward the company's return to the Iraqi market, as well as a demonstration of Daimler's ... Continue reading
President Obama Signs Auto Tax Deductions into Law
Washington DC February 18, 2009; The AIADA newsletter reported that yesterday, President Barack Obama signed into law the American Recovery and Reinvestment Act of 2009. The new law contains a provision designed to entice auto consumers back into vehicle showrooms. This provision applies to eligible purchases between F ... Continue reading
Related to the research and development projects of new models, weight reduction has always been a major goal for Ferrari, which also leads to less fuel consumption and reduced emissions. Numerous technological innovations in this direction have been incorporated in Ferrari models over past years. A project called 'Mil ... Continue reading
Peugeot 206 +, the New 206 Concentrate
Peugeot, a major player on the small and medium car segment, is expanding its range with the 206+, the descendant of almost 6.5 million 206 produced since 1998. This vehicle, with genetic codes renowned worldwide, rounds off the Lion marque's range. ... Continue reading
LIVE Internet Launch of the New MINI Convertible at 11AM EST - WATCH IT HERE
SAN DIEGO, CA - February 18, 2009: At 11AM, EST, MINI will present a live Internet video launch of the all-new 2009 MINI Convertible. You can watch the entire one-hour event right here on TheAutoChannel.com by clicking on the link below. ... Continue reading
It is now 30 years since production of the Mercedes-Benz G-Class began. The Stuttgart-based car maker first unveiled this robust off-roader to the public in 1979, and since then it has delivered a total of some 200,000 units of the G-Class to customers around the world. Its still-striking appearance, which has remained ... Continue reading
The Big Screen Through a Windscreen: smart Brings the Drive-in Back to Melbourne
Residents and guests in the city of Melbourne will soon be able to relive Saturday nights of old and experience going to the drive-in theatre just as they remember it. From February 24, the No-Vacancy gallery in Melbourne's QV centre, located on Swanston Street in the CBD, will screen a variety of independent films and ... Continue reading
'Cheapest' Porsche Shares Spotlight with Latest Boxster
The cheapest Porsche you could buy in 1955 was Porsche's minimalistic 356 Speedster. It cost the equivalent of around $15,000, was powered by a 1.5-litre four-cylinder 'boxer' engine and was fully extended at around 160km/h in favourable conditions. But good examples these days change hands readily at well over $200,00 ... Continue reading
Hyundai to Display "blue" Technology at Melbourne International Motor Show
Hyundai Motor Company will display two examples of its latest technology at the Melbourne International Motor Show. The i10 blue and i30 blue adopt the company's new 'blue' sub-brand which will be utilised on a global basis for low emission vehicles. ... Continue reading
Ferrari Donates for Mother Child Research Centre at University Hospital Modena
Yesterday saw the inauguration of the recently refurbished Mother Child Research Centre at the University Hospital at Modena and the ceremony closed with a speech by Ferrari President, Luca di Montezemolo. The Centre was renovated with the most advanced technologies and more employees thanks to the economic contributio ... Continue reading
koda Takes Superb to National Boat, Caravan and Outdoor Show
koda will be taking its award winning Superb to The National Boat, Caravan and Outdoor Show at the NEC between 17 and 22 February. The new Superb Elegance 2.0 140 bhp PD TDI was awarded the prestigious Caravan Club 'Towcar of the Year' in 2009 and will be on show in Hall 5. ... Continue reading
GM, Chrysler Aid Request Soars to $39 billion; Automakers to Cut More Jobs, Models and Brands
DETROIT February 18, 2009; Tom Krisher and Ken Thomas writing for the AP -- Billions of dollars in government loans to prop up General Motors and Chrysler won't be enough. The companies, which have received $17.4 billion so far, filed plans with the government more than doubling that request to a staggering total of $3 ... Continue reading
Firefly Energy Lauds Stimulus Plan's $2 Billion for Advanced Battery Technology
PEORIA, Ill.--Firefly Energy, a Peoria, Illinois-based battery technology company developing a portfolio of lead acid battery technologies, today is lauding the roughly $2 billion designated for advanced battery technology in the Presidentâs $787-billion stimulus package. While President Barack Obama has made clea ... Continue reading
GM Presents Updated Plan for a Viable, Sustainable Company
WASHINGTON, February 18, 2009: Restructured GM to be Re-focused, Streamlined and Simplified - Updated plan demonstrates GM's viability, despite further deterioration in global economy - Accelerated cost reductions - GMNA EBIT breakeven level lowered to U.S. industry levels of 11.5-12.0 million units - Additional govern ... Continue reading
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