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February 2009

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Thursday, February 19, 2009

GM Says Not To Change Its China Operations

GM Says Not To Change Its China Operations

GM says not to change its China operations http://www.gasgoo.com/auto-news/1009398/GM-says-not-to-change-its-China -oper ations.html Shanghai, February 19 (Gasgoo.com) The proposed $30-billion restructuring plan of General Motors would not impact its China operations, xinhuanet.com reported today, citing the company's ... Continue reading

Xiamen King Long To Supply 406 Buses To Senegal

Xiamen King Long To Supply 406 Buses To Senegal

Xiamen King Long to supply 406 buses to Senegal http://www.gasgoo.com/auto-news/1009402/Xiamen-King-Long-to-supply-406- buses -to-Senegal.html Shanghai, February 19 (Gasgoo.com) Chinese bus maker Xiamen King Long United Automotive Industry Co., will supply 406 buses to Senegal this year in an effort to renovate Senegal ... Continue reading

KAR Holdings, Inc. to Announce Earnings for the Year Ended December 31, 2008

KAR Holdings, Inc. to Announce Earnings for the Year Ended December 31, 2008

CARMEL, Ind.--KAR Holdings, Inc. announced today that it will be releasing its earnings for the year ended December 31, 2008 on Tuesday, March 3rd, 2009. KAR Holdings, Inc. is the holding company for ADESA, Inc., Insurance Auto Auctions, Inc. and Automotive Finance Corporation. KAR Holdings, Inc. will also be hosting a ... Continue reading

China Rolling Out "Cars to Countryside" Program

China Rolling Out "Cars to Countryside" Program

China rolling out "Cars to Countryside" program http://www.gasgoo.com/auto-news/1009399/China-rolling-out-Cars-to-Count rysid e-program.html Shanghai, February 19 (Gasgoo.com) Detailed rules on China's "Cars to the Countryside" scheme will be publicized this week, reported the Beijing Times today. The newspaper said th ... Continue reading

Affordability and Quality Are Top Factors for Today's Car Shoppers, According to CarMax Survey

Affordability and Quality Are Top Factors for Today's Car Shoppers, According to CarMax Survey

AFFORDABILITY AND QUALITY ARE TOP FACTORS FOR TODAY?S CAR SHOPPERS, ACCORDING TO SURVEY RICHMOND, Va. (February 19, 2009) ? Given the current economic conditions, affordability and quality were chosen as the two most important factors driving the majority of vehicle purchases in a recent survey conducted for CarMax, In ... Continue reading

Zero Motorcycles Helps Deliver Tax Credits for Electric Motorcycles

Zero Motorcycles Helps Deliver Tax Credits for Electric Motorcycles

- Electric Motorcycles Now Eligible for 10% Federal Tax Credit - SANTA CRUZ, Calif., Feb. 19 -- Zero Motorcycles, the leading electric motorcycle manufacturer, today announced the company's upcoming line of street legal electric motorcycles will be eligible for the just passed 10% Federal tax credit for plug-in vehicle ... Continue reading

K&N Takes Consumer Confidence to a New Level

K&N Takes Consumer Confidence to a New Level

FOR IMMEDIATE RELEASE: CONTACT: Tim Stewart K&N Engineering, Inc. (800) 858-3333 Ext.4198 Fax: 951-826-4001 tims@knfilters.com K&N Takes Consumer Confidence to a New Level Long known for its Million Mile Limited Warranty, K&N now stands behind its product and its consumers. Occasionally, consumers may encounter uncoope ... Continue reading

New 2010 Ford Mustang Is Fast, Fun, Affordable; Price Starts Under $21,000 With Unsurpassed 26 mpg

New 2010 Ford Mustang Is Fast, Fun, Affordable; Price Starts Under $21,000 With Unsurpassed 26 mpg

- The 2010 Ford Mustang features a muscular exterior, an upgraded interior, a host of must-have technologies and unsurpassed fuel economy of 26 mpg on the highway, at a starting price value of $20,995 - The Mustang features the broadest range of available power in its segment with 210, 315 and 540-horsepower offerings ... Continue reading

Spartan Motors Reports Record Sales & Earnings for 2008

Spartan Motors Reports Record Sales & Earnings for 2008

CHARLOTTE, Mich., Feb. 19 -- Spartan Motors, Inc. reported its best year in company history in 2008, marked by a 23.8 percent year-over-year increase in revenues and a 74.3 percent increase in net earnings. For the fourth quarter ended Dec. 31, 2008, Spartan reported: -- Net earnings of $0.09 per diluted share ($0.26 e ... Continue reading

Pro-Link iQ™ from Snap-on Named One of Five Best Products Introduced into the Aftermarket in 2008

Pro-Link iQ™ from Snap-on Named One of Five Best Products Introduced into the Aftermarket in 2008

ROCHESTER HILLS, Mich.--The NEXIQ-branded Pro-Link iQ™ from Snap-on was voted a Top 5 Aftermarket Product at Heavy Duty Aftermarket Week held in Orlando February 16-19, 2009. The Top 5 Aftermarket Product Awards are sponsored annually by Heavy Duty Trucking magazine, in conjunction with Aftermarket Week. Winners a ... Continue reading

DealerTrack Holdings Reports Fourth Quarter and 2008 Financial Results

DealerTrack Holdings Reports Fourth Quarter and 2008 Financial Results

LAKE SUCCESS, N.Y.--DealerTrack Holdings, Inc. today reported financial results for the fourth quarter and year ended December 31, 2008. GAAP Results for the Fourth Quarter 2008 Revenue for the quarter was $54.7 million, as compared to $60.7 million for the fourth quarter of 2007. GAAP net loss for the quarter was $(1. ... Continue reading

Toyota to Join 'SnoDeo' Snowmobile Test Drive

Toyota to Join 'SnoDeo' Snowmobile Test Drive

MANSFIELD, Mass., Feb. 19 -- Toyota's Boston Region will support the annual "SnoDeo" snowmobile festivities in northern New Hampshire this March with a display of all-wheel-drive trucks and SUVs suitable for towing these motorized sleds, or just about anything else for that matter. The 15th annual SnowDeo, held by the ... Continue reading

David Johanneson Named President and Chief Executive Officer of Navistar Financial Corporation

David Johanneson Named President and Chief Executive Officer of Navistar Financial Corporation

WARRENVILLE, Ill.--David Johanneson, a 36-year veteran in the truck industry, has been named president and chief executive officer of Navistar Financial Corporation, a wholly owned subsidiary of Navistar International Corporation . Johanneson has held several sales, marketing and management roles at Navistar over the l ... Continue reading

Conor Daly Confirms Cytomax for 2009

Conor Daly Confirms Cytomax for 2009

Indianapolis, IN February 19, 2009: It was announced today that Cytomax performance drink will continue their support of Conor Daly’s 2009 racing program. Cytomax has backed Conor since 2005 when he won the first of three karting championships. “We regard Conor as being a member of the Cytomax family. We are ... Continue reading

2009 Chicago Auto Show: A Hot Ticket for a Chilly Weekend

2009 Chicago Auto Show: A Hot Ticket for a Chilly Weekend

CHICAGO, Feb. 19 /PRNewswire-USNewswire/ -- "Apparently, we've got the ticket that everyone's looking for!" said 2009 Chicago Auto Show Chairman Mark Scarpelli. "According to predictions of media experts, we were supposed to have a lackluster show that no one wanted to attend. I guess the joke's on them as attendance f ... Continue reading

Half Million Recent New Car Shoppers Steered to Used Cars, Edmunds.com Reports

Half Million Recent New Car Shoppers Steered to Used Cars, Edmunds.com Reports

SANTA MONICA, Calif.--At a time when automakers are desperate for every sale, a remarkable number of shoppers are drifting out of the new car market and purchasing a used car instead. Edmunds.com has determined that approximately 511,000 used cars sold in the past three months would have been new car sales in a more no ... Continue reading

Infiniti Extends Its Reach Into College Basketball With ESPN and CBS

Infiniti Extends Its Reach Into College Basketball With ESPN and CBS

NASHVILLE, Tenn., Feb. 19 -- Last October, Infiniti announced its official sponsorship of Big Ten and SEC college basketball for the 2008-09 season. For the first time, the luxury automaker will be the exclusive automotive sponsor of both conferences. (Logo: http://www.newscom.com/cgi-bin/prnh/20080506/INFINITIBADGELOG ... Continue reading

JOHN MEDLEN ADMITTED TO INDIANAPOLIS HOSPITAL

JOHN MEDLEN ADMITTED TO INDIANAPOLIS HOSPITAL

JOHN MEDLEN ADMITTED TO INDIANAPOLIS HOSPITALCHANDLER, AZ (FEBRUARY 19, 2009) --- Â Long-time John Force Racing crew chief John Medlen was admitted to an Indianapolis hospital for discomfort in his chest late last night. After an examination by doctors a routine medical procedure was performed and a stint was insert ... Continue reading

Research and Markets: Worldwide Nanotechnology Electric Vehicle (EV) Market Shares, Strategies, and Forecasts, 2009 to 2015

Research and Markets: Worldwide Nanotechnology Electric Vehicle (EV) Market Shares, Strategies, and Forecasts, 2009 to 2015

DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/research/9b2505/worldwide_nanotech) has announced the addition of WinterGreen Research, Inc.'s new report "Worldwide Nanotechnology Electric Vehicle (EV) Market Shares, Strategies, and Forecasts, 2009 to 2015" to their offering. Breakthrough techn ... Continue reading

Reynolds and Reynolds Computer Assisted Instruction is a 'Cool Technology' for Dealerships

Reynolds and Reynolds Computer Assisted Instruction is a 'Cool Technology' for Dealerships

Training Method Helps Dealers Get More from Their Computer System DAYTON, Ohio, Feb. 19 -- The integration of Computer Assisted Instruction (CAI) into the Reynolds and Reynolds ERA(R) dealership management system (DMS) has been highlighted by Automotive News as one of the "cool technologies" displayed at the 2009 Natio ... Continue reading

Hyundai Joins Hollywood's Biggest Night With Eight Academy Awards(R) Ads

Hyundai Joins Hollywood's Biggest Night With Eight Academy Awards(R) Ads

Oscar(R) Broadcast Serves as the Stage for Introduction of 'Hyundai Assurance Plus' FOUNTAIN VALLEY, Calif., Feb. 19 -- Hyundai will launch its first national advertising campaign on Oscar Night(R) with eight total spots airing on ABC's telecast of the 81st Annual Academy Awards. Building on the momentum of Hyundai's S ... Continue reading

JIM RUSSELL CHAMPIONSHIP SERIES ANNOUNCES 2009 SCHEDULE

JIM RUSSELL CHAMPIONSHIP SERIES ANNOUNCES 2009 SCHEDULE

JIM RUSSELL CHAMPIONSHIP SERIES ANNOUNCES 2009 SCHEDULE Special Race Announced for IndyCar Weekend on August 23, 2009 SONOMA, CA. February 19, 2009 - Ready to build upon its successful and competitive inaugural year, the new Jim Russell Championship Series (JRCS) has announced the 2009 season schedule- kicking off on A ... Continue reading

Milwaukee Mile New Promoter is Wisconsin Motorsports, LLC

Milwaukee Mile New Promoter is Wisconsin Motorsports, LLC

FOR IMMEDIATE RELEASE MILWAUKEE MILE AMERICA'S LEGENDARY OVAL Media Contact: Jim Tretow, VP - Media & Communications, (414) 453-5761 x2222, jtretow@milwaukeemile.com Wisconsin Motorsports Signs On As New Promoter of Historic Milwaukee Mile Over a Century of Auto Racing Tradition Continues for 2009 and Beyond at America ... Continue reading

Hyundai Expands Consumer Protection Program During Spring Sales Event With 'Hyundai Assurance Plus'

Hyundai Expands Consumer Protection Program During Spring Sales Event With 'Hyundai Assurance Plus'

Hyundai Adds Payment Relief to Existing Assurance Program Limiting the Financial Risk of a New Vehicle Purchase FOUNTAIN VALLEY, Calif., Feb. 19 -- Hyundai Motor America will expand the protection offered by the innovative Hyundai Assurance program with Hyundai Assurance Plus, adding 90 days of payment relief to the ex ... Continue reading

New SAE International Award to Recognize Powertrain Innovation

New SAE International Award to Recognize Powertrain Innovation

WARRENDALE, Pa., Feb. 19 /PRNewswire-USNewswire/ -- A new award from SAE International aims to recognize innovation in powertrain design and development. The first recipient of the award will be announced at the SAE 2009 World Congress in Detroit, April 20-23. The SAE Franz F. Pischinger Powertrain Innovation Award was ... Continue reading

American Gasser Spinoff Positions Company as Premier Gasser Coupe Fabricator

American Gasser Spinoff Positions Company as Premier Gasser Coupe Fabricator

<B><I>“Heightened Popularity and Increase in Nostalgic Drag Racing Events Signals New Trend”</b></i> Cleveland, OH February 19, 2009: American Gasser, Inc. recently completed its spin-off from Active Power, Inc. This acquisition has American Gasser, Inc. under the guidance of a new owner and management team d ... Continue reading

Atlanta Motor Speedway Renovating Infield Hospitality Village

Atlanta Motor Speedway Renovating Infield Hospitality Village

HAMPTON, Ga. February 19, 2009: Atlanta Motor Speedway is conducting a two-phased renovation of the facility’s unique infield hospitality area with the first phase slated for completion prior to the Speedway’s March 8 Kobalt Tools 500 race date. The renovation, which will include an extension of the current h ... Continue reading

Gatorz Precision Built Eyewear and CJM Racing in Sunny California

Gatorz Precision Built Eyewear and CJM Racing in Sunny California

Mooresville, NC February 19, 2009: California based Gatorz Precision Built Eyewear will introduce their name brand eyewear to millions of NASCAR fans this weekend as they will premier as the primary sponsor of the No. 11 CJM entry this weekend in California. Gatorz brand sunglasses are precision built using a 22-step m ... Continue reading

SCCA National Convention Begins in Las Vegas

SCCA National Convention Begins in Las Vegas

LAS VEGAS, Nev. February 19, 2009: Sports Car Club of America members have descended upon Las Vegas this week for the 45th SCCA National Convention, which runs from Feb. 19 – Feb. 21. Attendance at this year’s convention is up 17 percent from 2008, with nearly 450 members currently registered. ... Continue reading

GIR Hires Funderburg, Chrisman

GIR Hires Funderburg, Chrisman

MADISON, Ill. February 19, 2009: Gateway International Raceway recently filled two key openings with the hires of Tony Funderburg as the facility’s director of business development and Kim Chrisman as its advertising/marketing/merchandise manager. Funderburg, a former general manager for the Frontier League’s ... Continue reading

INDYCAR SERIES NOTES - February 19, 2009

INDYCAR SERIES NOTES - February 19, 2009

1. Dixon honored on stamp (Image can be downloaded at indycar.com/media): Reigning IndyCar Series champion Scott Dixon is among five New Zealand race car/motorcycle drivers featured in a New Zealand Champions of World Motorsport stamp series released this week by New Zealand Post. Dixon, who earlier this month was reco ... Continue reading

WILL STEWART JOIN RUDD IN ELITE CLUB THIS YEAR?

WILL STEWART JOIN RUDD IN ELITE CLUB THIS YEAR?

INDIANAPOLIS, Thursday, February 19, 2009: After his team’s performance during the 2009 Daytona 500 Speedweeks, it isn’t a matter of “if” this season for Tony Stewart. It’s a matter of “when” he will win a NASCAR Sprint Cup race in 2009. After finishing second in his qualifying race, ... Continue reading

DIVERSE, QUALITY FIELD FORMING FOR SEBRING

DIVERSE, QUALITY FIELD FORMING FOR SEBRING

Sebring, February 19, 2009: Acura and Mazda will compete against the likes of Audi, Peugeot, Lola and others for overall honors at Sebring. The second decade of the American Le Mans Series will be off to a roaring start with one of the most exciting and diverse fields ever seen for the 57th Mobil 1 Twelve Hours of Sebr ... Continue reading

Rolling Out the 'Green' Carpet ... Celebrities Take New Solar Powered Prius to the Oscars(TM)

Rolling Out the 'Green' Carpet ... Celebrities Take New Solar Powered Prius to the Oscars(TM)

LOS ANGELES, Feb. 19 -- Some of the biggest names in show business are again turning the red carpet green this award season by trading in their stretch limos for hybrids and alternative energy vehicles. Some stars even got a sneak preview of the new 2010 Toyota Prius Hybrid that among a long list of upgrades features a ... Continue reading

CTS Wins Program from Major Ultrasound Company for New Piezoceramic High Dielectric Materials

CTS Wins Program from Major Ultrasound Company for New Piezoceramic High Dielectric Materials

ELKHART, Ind.--CTS Corporation a global leader in the design and manufacture of highly engineered electronic components and piezoelectric materials, today announced that it has received orders for their new 3257HD and 3265HD high dielectric piezoceramic materials from an existing key customer, which is a leader in its ... Continue reading

Spartan Motors Announces Special Dividend, Reauthorizes Regular Dividend for 2009

Spartan Motors Announces Special Dividend, Reauthorizes Regular Dividend for 2009

CHARLOTTE, Mich., Feb. 19 -- Spartan Motors, Inc. today announced its board of directors declared total cash dividends of $0.13 for 2009, including the regular cash dividend of $0.10 per share of common stock and a special dividend of $0.03 per share of common stock. The Charlotte, Mich.-based manufacturer of custom ch ... Continue reading

Stratus Media Group Announces Presenting Sponsor of National Tour d’Elegance Series

Stratus Media Group Announces Presenting Sponsor of National Tour d’Elegance Series

LOS ANGELES--Stratus Media Group, Inc. (OTCBB: SMDI) today announced that the company’s Stratus Rewards Visa White Card, in conjunction with Visa Inc., will be the presenting sponsor of the National Tour d’ Elegance -- a multi-city festival celebrating the automobile, art and fashion. As previously announced, ... Continue reading

TrueCredit.com Helps Consumers Navigate Smart Auto Purchases

TrueCredit.com Helps Consumers Navigate Smart Auto Purchases

Credit Experts Provide Easy Tips for Accessing Low Interest Rates & Manufacturer Incentives CHICAGO, Feb. 19 -- January marked the worst month for auto sales in more than 25 years and now, auto manufacturers and the U.S. government are doing their best to entice consumers to help the ailing industry by purchasing a car ... Continue reading

Frost & Sullivan Recognises e-Traction Europe B.V.'s Entrepreneurial Abilities

Frost & Sullivan Recognises e-Traction Europe B.V.'s Entrepreneurial Abilities

LONDON, Feb. 19 -- The '2008 European Automotive Powertrain Entrepreneurial Company Award' is presented to e-Traction Europe B.V. for having demonstrated entrepreneurial excellence in terms of innovative in-wheel direct drive motor technology with its e-Traction system. (Logo: http://www.newscom.com/cgi-bin/prnh/200811 ... Continue reading

Ford's Romeo Engine Plant Produces 10 Millionth Engine, Continues to Power Ford Icons

Ford's Romeo Engine Plant Produces 10 Millionth Engine, Continues to Power Ford Icons

- Romeo Engine Plant, produces V-8 engines for Ford F-150, Mustang, Shelby GT500, Explorer, E-Series van, Crown Victoria, and the Mercury Grand Marquis. - Plant produces 140 engines an hour on its high-volume line, with hourly and salaried teams focusing on continuous improvement and quality basics. - In 2008, engines ... Continue reading

Spring Creek Acquisition Corp. Announces Preliminary Unaudited Financial Results for AutoChina Group Inc.’s 2008 Fourth Quarter

Spring Creek Acquisition Corp. Announces Preliminary Unaudited Financial Results for AutoChina Group Inc.’s 2008 Fourth Quarter

BEIJING--Spring Creek Acquisition Corp. (OTCBB: SCRQF, SCRWF, SCRUF) (“Spring Creek”) and privately-held AutoChina Group Inc. (“AutoChina”) today announced preliminary financial results for AutoChina’s 2008 fourth quarter. AutoChina expects revenues for the 2008 fourth quarter ended December 31 ... Continue reading

Honda’s Ohio and Alabama Auto Plants Earn ‘Energy Star’ from EPA

Honda’s Ohio and Alabama Auto Plants Earn ‘Energy Star’ from EPA

TORRANCE, Calif.--Honda's auto plants in Ohio and Alabama have received Energy Star awards from the U.S. Environmental Protection Agency (EPA) for advances in curbing energy use during the production of passenger cars and light trucks.1 For the fiscal year that ended March 31, 2008, Honda's average CO2 emissions per ve ... Continue reading

Sprint Nextel Reports Fourth Quarter and Full-Year 2008 Results

Sprint Nextel Reports Fourth Quarter and Full-Year 2008 Results

Sprint Nextel CorporationSprint Nextel Corporation has added a news release to its Newsroom website. Title: Sprint Nextel Reports Fourth Quarter and Full-Year 2008 Results Date: 2/19/2009 7:00:00 AM For a complete listing of our news releases, please click here ---------------------------------------------------------- ... Continue reading

LINE-X(R) Protective Coatings to Exhibit at the National Wild Turkey Federation Convention & Sport Show

LINE-X(R) Protective Coatings to Exhibit at the National Wild Turkey Federation Convention & Sport Show

SANTA ANA, Calif., Feb. 19 -- LINE-X(R) Protective Coatings (LINE-X) is pleased to announce that it will be exhibiting at the 33rd Annual National Wild Turkey Federation Convention & Sport Show being held at the Gaylord Opryland Hotel in Nashville, TN, February 19-22, 2009 (booth #327). LINE-X Protective Coatings is th ... Continue reading

Navistar is First Responder to Meet New Fire Truck Standards

Navistar is First Responder to Meet New Fire Truck Standards

WARRENVILLE, Ill.--For those who make their living fighting fires and responding to emergencies, Navistar is delivering a new level of protection by meeting the highest fire truck standards in the industry. The National Fire Protection Association (NFPA) recently released the 2009 edition of “NFPA 1901: Standard f ... Continue reading

Gatorz & CJM in California

Gatorz & CJM in California

FOR IMMEDIATE RELEASE CONTACT: Shayna Keller CJM Racing, LLC (704) 902-8381 Cell# skeller@cjmracing.com Gatorz Precision Built Eyewear and CJM Racing in Sunny California Mooresville, NC (February 19, 2009) – California based Gatorz Precision Built Eyewear will introduce their name brand eyewear to millions of NASC ... Continue reading

Sagent Advisors Hires Veteran Banker Bill Kohr to Bolster Its Automotive and Industrial Practices

Sagent Advisors Hires Veteran Banker Bill Kohr to Bolster Its Automotive and Industrial Practices

NEW YORK--Sagent Advisors (“Sagent”), a leading independent M&A advisory firm, today announced that veteran Citigroup and Donaldson, Lufkin & Jenrette (DLJ) banker Bill Kohr has joined the firm as a Managing Director and Head of Sagent’s new Chicago office. A longtime advisor to some of the largest corpo ... Continue reading

Affordability and Quality Are Top Factors for Today's Car Shoppers, According to Survey

Affordability and Quality Are Top Factors for Today's Car Shoppers, According to Survey

RICHMOND, Va.--Given the current economic conditions, affordability and quality were chosen as the two most important factors driving the majority of vehicle purchases in a recent survey conducted for CarMax, Inc. , the nation's largest retailer of used cars. When given one choice, fifty-six percent of those surveyed c ... Continue reading

Kubota Adds New L45 Tractor-Loader-Backhoe to Lineup

Kubota Adds New L45 Tractor-Loader-Backhoe to Lineup

TORRANCE, Calif.--Kubota introduces the new L45 tractor-loader-backhoe (TLB), a tractor built for power and versatility. The L45 operates like three machines in one, combining a strong loader and backhoe with three-point implement capabilities. Powered by a 45-horsepower Kubota diesel engine and new HST Plus Transmissi ... Continue reading

NBA All-Star 2009 and Daytona 500 Pushes AutoTrader.Com to Record Traffic, Sessions and Page Views

NBA All-Star 2009 and Daytona 500 Pushes AutoTrader.Com to Record Traffic, Sessions and Page Views

ATLANTA, Feb. 19 -- On Monday, February 16, AutoTrader.com, the ultimate automotive marketplace, experienced an all-time record number of car shoppers: 974,851 unique visitors, 1,199,515 sessions and 19,796,740 page views. AutoTrader.com attributes these record numbers on Monday to exposure during the NBA All-Star 2009 ... Continue reading

Kart Expo International Live on RaceFanRadio starts Friday Morning.....

Kart Expo International Live on RaceFanRadio starts Friday Morning.....

RaceFanRadio is live at the 17th Annual Kart Expo International this weekend covering a full day of Kart Industry Roundtable discussions on Friday (10am - 1pm EST and 2pm - 5pm EST) and all of the "behind the scenes" activities on Saturday and Sunday. Our broadcast team will talk to the exhibitors and participants PLUS ... Continue reading

Morpace Reports: Detroit Big Three Face Hurdles Winning Customers Back From Imports

Morpace Reports: Detroit Big Three Face Hurdles Winning Customers Back From Imports

FARMINGTON HILLS, Mich., Feb. 19 -- In two consecutive Morpace Omnibus studies, only eight percent of car owners report having returned to a domestic nameplate after owning an import. Bill Pendry, manager of Morpace's complexity management service, added that between 25 and 30 percent of those returning to a domestic v ... Continue reading

Cobalt Wins Stevie(R) Award for the Front-Line Customer Service Team of the Year

Cobalt Wins Stevie(R) Award for the Front-Line Customer Service Team of the Year

SEATTLE, Feb. 19 -- Cobalt, the leading provider of automotive marketing services, announced that it has been chosen as the Stevie(R) Award winner for the Front-Line Customer Service Team of the Year category in the third annual Stevie Awards for Sales & Customer Service. Cobalt was also named a finalist in two additio ... Continue reading

Latest Forecast for the Heavy Duty Diesel (HDD) Market

Latest Forecast for the Heavy Duty Diesel (HDD) Market

NEW YORK--Reportlinker.com announces that a new market research report related to the Oil industry is available in its catalogue. Heavy Duty Diesel (HDD) Market Report: 2009 Edition http://www.reportlinker.com/p0102215/Heavy-Duty-Diesel-(HDD)-Market-Rep ort-2009-Edition.html The automotive industry is facing tighter em ... Continue reading

Jeg Coughlin Jr in The Columbus Dispatch (NHRA/JEGS)

Jeg Coughlin Jr in The Columbus Dispatch (NHRA/JEGS)

Below is a link to an article that appeared in The Columbus Dispatch today on Jeg Coughlin Jr. _http://www.dispatch.com/live/content/sports/stories/2009/02/19/jeg19.A RT_ART_ 02-19-09_C3_6SCVE5S.html?sid=101_ (http://www.dispatch.com/live/content/sports/stories/2009/02/19/jeg19.A RT_ART_02-19-09_C3_6SCVE5S.html?sid=101 ... Continue reading

Automotive Dealerships Suffer Largest Decline on Record, Says Urban Science

Automotive Dealerships Suffer Largest Decline on Record, Says Urban Science

DETROIT, Feb. 19 -- Urban Science today revealed that a record number of automotive dealerships closed in the United States during 2008. The company's Franchise Activity Report, the nation's most accurate data on dealers, showed the nationwide dealership count for the year fell by 881, or 4.2 percent, to 20,084. The de ... Continue reading

Ron Sabia, President of Gulf Oil, Completes his Leadership Team

Ron Sabia, President of Gulf Oil, Completes his Leadership Team

NEWTON, Mass.--Gulf Oil L.P. announced today that Ron Sabia, named President in addition to his role as Chief Operating Officer on October 1, has assembled a leadership team with whom the company will further its brand as a premier New England energy distributor. As part of that strategy, Gulf Oil will announce several ... Continue reading

Fitch: Auto ABS Losses Spike in January as Consumers Struggle to Pay Auto Loans

Fitch: Auto ABS Losses Spike in January as Consumers Struggle to Pay Auto Loans

NEW YORK--Annualized net losses (ANL) on auto loan asset-backed securities (ABS) spiked in January as higher unemployment drove more consumers to default, according to Fitch Ratings. In addition, recovery rates on repossessed vehicles are hovering around historical lows pushing losses further into the red. 'All consume ... Continue reading

Window World Extends NASCAR Sponsorship

Window World Extends NASCAR Sponsorship

Continues Partnership with John Andretti and Front Row Motorsports MOORESVILLE, N.C., Feb. 19 -- After a successful debut in the NASCAR Sprint Cup Series during the 51st Daytona 500, Window World, Inc. announced today it will extend its sponsorship of the No. 34 Front Row Motorsports car driven by John Andretti. Andret ... Continue reading

Chrysler LLC Continues Leadership Commitment to Minority Sourcing Despite Challenging Economic Times in 2008

Chrysler LLC Continues Leadership Commitment to Minority Sourcing Despite Challenging Economic Times in 2008

- $3.9 billion spent with minority suppliers in 2008, representing 16.1 percent of total purchases - Minority spending increased 0.6 percent from previous year - Since 1983, Chrysler LLC has sourced more than $41 billion to minority- owned companies AUBURN HILLS, Mich., Feb. 19 -- Chrysler LLC announced today that it s ... Continue reading

Central Parking System Awarded The Home Depot Center Contract

Central Parking System Awarded The Home Depot Center Contract

NASHVILLE, Tenn.--Central Parking System, the nation’s largest parking company today announced that it has been selected by Anschutz Entertainment Group (AEG) to operate the parking for a premier multi-use venue featuring the latest state-of-the-art soccer stadium in the United States, The Home Depot Center in Car ... Continue reading

Off-Road Racing Safety & Marketing Seminar

Off-Road Racing Safety & Marketing Seminar

* THE INAUGURAL MIDWEST OFF-ROAD RACING SAFETY &AMP; MARKETING SEMINAR Abrams, WI (February 19, 2009) - The Midwest Off-Road Racing Community is coming together in Abrams, Wisconsin March 14, for the first of its kind safety and marketing seminar, geared for the short course off road racing community. The safety of the ... Continue reading

Compliance and Enforcement News Release (HQ): BP Products to Pay Nearly $180 Million to Settle Clean Air Violations at Texas City Refinery

Compliance and Enforcement News Release (HQ): BP Products to Pay Nearly $180 Million to Settle Clean Air Violations at Texas City Refinery

U.S. Environmental Protection Agency (EPA) * BP Products to Pay Nearly $180 Million to Settle Clean Air Violations at Texas City Refinery *Contact (News Media Only): Dave Ryan, (202) 564-4355 / ryan.dave@epa.gov " "(Washington, D.C. - Feb. 19, 2009) BP Products North America Inc. has agreed to spend more than $161 mill ... Continue reading

Self-Inflating Tire Technology Triumphs At The 2009 Tire Technology Awards For Innovation And Excellence

Self-Inflating Tire Technology Triumphs At The 2009 Tire Technology Awards For Innovation And Excellence

The Self Inflating Tire (SIT), a new invention of Coda Development, has scooped the prestigious Tire Technology of the Year award at the Tire Technology Awards for Innovation and Excellence 2009, which were presented at Tire Technology Expo yesterday (February 18, 2009) in Hamburg, Germany. ... Continue reading

New Rating To Play Starring Role In Improving Car Safety

New Rating To Play Starring Role In Improving Car Safety

Euro NCAP, the organisation that assesses the safety of new cars, has introduced a new overall car safety rating. The rating system is a new approach to rating safety performance and will challenge vehicle manufacturers to make all-round safer cars. The first six cars rated to the new standards are now revealed. ... Continue reading

New Skoda Fabia Scout Breaks Cover

New Skoda Fabia Scout Breaks Cover

The design of the brand new Scout includes distinct features and attractive protective elements, giving this functional and economical car, new emotional dimensions. A uniquely-shaped bumper and plastic cladding give this new version of Skoda's popular estate enhanced, robust features. ... Continue reading

Hyundai Reveals Three-Door i20

Hyundai Reveals Three-Door i20

Building on the success of the recently launched Hyundai i20 five-door, the new body style will broaden the i20's appeal to the fastest-growing sector of the car market in Europe. Positioned between the successful i10 and i30 models, the i20 three-door shares many of its styling features with the five-door. ... Continue reading

LIVE AutoLine Detroit Video: "Auto" Asphyxia: GM and Chrysler's Fight for Survival - TODAY at 12 Noon EST

LIVE AutoLine Detroit Video: "Auto" Asphyxia: GM and Chrysler's Fight for Survival - TODAY at 12 Noon EST

DETROIT - February 19, 2009: GM and Chrysler have offered up their plans for viability to the U.S. Treasury ... now what? Join John McElroy and three of the foremost automotive journalists/analysts in America as they discuss what the future holds for these troubled automakers and whether GM and Chrysler can even surviv ... Continue reading

TheGreenCarWebsite.co.uk Announces Green Car Innovator Of The Year

TheGreenCarWebsite.co.uk Announces Green Car Innovator Of The Year

TheGreenCarWebsite.co.uk would like to congratulate the winner of their latest poll. The UK's leading green car advisory publication, asked website visitors; 'Through 2008, who do you think has done the most for the innovation and use of greener technologies or ideas?' ... Continue reading

RNIB Switches Car Fleet To Toyota

RNIB Switches Car Fleet To Toyota

Green credentials, competitive rates and the timely launch of the new-generation Avensis with Toyota Optimal Drive have led the Royal National Institute for Blind People to switch its 80-strong car fleet to Toyota. ... Continue reading

'Loads'a-Money - If You Buy A Vauxhall Van...

'Loads'a-Money - If You Buy A Vauxhall Van...

It's not often that you can walk away from one of the biggest purchases in your life with a spring in your step and a cheque in your hand, but from now with Vauxhall that&#8217;s exactly what you can do! From now until April 2 Vauxhall is offering a very special deal to retail customers wishing to take delivery of a ne ... Continue reading

5-Star Safety - Toyota iQ And Avensis Achieve Top Euro Ncap Safety Rating

5-Star Safety - Toyota iQ And Avensis Achieve Top Euro Ncap Safety Rating

The Toyota iQ may be the smallest four-seater car on the market, but is also one of the safest according to new independent crash testing results from Euro NCAP. Euro NCAP, which has developed a new rating scheme which focuses on the vehicle's overall protection performance, awarded the tiny traffic buster 5-stars. iQ' ... Continue reading

Rolls-Royce Delivers First Car To Thailand

Rolls-Royce Delivers First Car To Thailand

Rolls-Royce Motor Cars has delivered its first car to Thailand. Dr Nikorn Hongsrisook, a prominent Thai businessman based in Bangkok, received his Phantom Extended Wheelbase car from Rolls-Royce Asia-Pacific Regional Director, Colin Kelly. The delivery of the car was supported by AAS Auto Service Co., Ltd. ... Continue reading

Euro NCAP Safety Test Awards Five Stars To Mazda6 - Officially One Of The Safest Cars In The World

Euro NCAP Safety Test Awards Five Stars To Mazda6 - Officially One Of The Safest Cars In The World

The new Mazda6 (known as the Mazda Atenza in Japan) with European specifications has been awarded the five-star maximum rating by the European New Car Assessment Programme (Euro NCAP) in its 2009 combined safety performance test. This accolade officially makes Mazda6 one of the safest cars in the world. ... Continue reading

Continental Proves Operational Strength and Reduces Debt Substantially

Continental Proves Operational Strength and Reduces Debt Substantially

Despite sharp upheavals in the automotive industry, Hanover-based Continental AG proved operational strength and reduced its net indebtedness in the past year. The international automotive supplier achieved an adjusted EBIT amounting to EUR1,837.3 million, which is almost unchanged in comparison with the previous year& ... Continue reading

Hyundai Reveals Urban Nomad 'ix-onic' Crossover Concept

Hyundai Reveals Urban Nomad 'ix-onic' Crossover Concept

The sensational all-new Hyundai ix-onic concept car, which makes its world premiere at the 79th Salon International de L'Automobile in Geneva, introduces a whole new look for a compact four-wheel-drive SUV. ... Continue reading

Continental to Equip the New Ford Focus RS with Sports Tyres

Continental to Equip the New Ford Focus RS with Sports Tyres

The new Ford Focus RS comes with ContiSportContact 3 tyres. With over 224 kW (305 hp), this is Ford's most powerful Focus so far, and to ensure its driving characteristics are both sporty and safe, it is to be fitted ex works with Continental sports tyres, size 235/35 ZR 19. Continental is the only tyre supplier for th ... Continue reading

Buy Wise, Think Lotus

Buy Wise, Think Lotus

Lotus cars are known for their handling strengths and, with a number of initiatives, look set to handle 2009 with a positive outlook and pricing plans designed to encourage buyer confidence in a time of financial pressure. ... Continue reading

1-, 3- and 6-series - The Incredible Cabrios from AC Schnitzer

1-, 3- and 6-series - The Incredible Cabrios from AC Schnitzer

A catalyst is a chemical reaction accelerant and can be found in every modern car. But where to find a biochemical emotion accelerant? In the incredible cabrios by AC Schnitzer. Open the top as soon as the weather turns fine, and enjoy a daily dose of endorphins. The tuning house has refined the 1-, 3- and 6-series for ... Continue reading

Advance Auto Parts Fourth Quarter

Advance Auto Parts Fourth Quarter

ROANOKE, Va.--Advance Auto Parts, Inc. , a leading retailer of automotive aftermarket parts, accessories, batteries, and maintenance items, today announced its financial results for the fourth quarter and fiscal year ended January 3, 2009. Fourth quarter and fiscal 2008 results include the impact of an additional fisca ... Continue reading

White House Says U.S. Auto Makers NEED Major Restructuring,

White House Says U.S. Auto Makers NEED Major Restructuring,

US automakers need major restructuring-White House Wed Feb 18, 2009 6:46pm EST Email | Print | Share| Reprints | Single Page[-] Text [+] Market News Asian shares edge higher; caution lingers Nikkei up 0.4 pct on yen, but economy worry looms Dollar trims gains vs yen and euro More Business & Investing News... (Add backg ... Continue reading

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