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January 2013

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Wednesday, January 2, 2013

Group 1 Automotive Acquires Kia Dealership In Kansas

Group 1 Automotive Acquires Kia Dealership In Kansas

Group 1 Automotive, Inc. , a Fortune 500 automotive retailer, today announced the acquisition of Shawnee Mission Kia in Overland Park, Kan., that is expected to generate $65.0 million in estimated annual revenues. "Group 1 is pleased to add scale to our Kansas City operations and further expand our brand offerings," sa ... Continue reading

Conversion Right Triggered on Hertz's Convertible Senior Notes

Conversion Right Triggered on Hertz's Convertible Senior Notes

Hertz Global Holdings, Inc. (the "Company") today announced that the Company's $474,733,000 aggregate principal amount outstanding of 5.25% Convertible Senior Notes Due 2014 (the "Notes") will continue to be convertible by holders of the Notes. This conversion right has been triggered because the Company's closing comm ... Continue reading

Government Tax Credit Extension for 2-Wheel Electric Vehicles Promises Growth for Brammo and Jobs Locally

Government Tax Credit Extension for 2-Wheel Electric Vehicles Promises Growth for Brammo and Jobs Locally

Brammo, Inc., a leading developer of electric vehicle technology and manufacturer of two-wheel electric vehicles, is delighted by the news from Washington D.C. that the federal tax credit for electric motorcycles and other two and three-wheeled vehicles has been extended through 2012 and 2013. With this extension, elec ... Continue reading

Extension of Second-Generation Biofuel Tax Credits Supports Innovation and Economic Growth, BIO Says

Extension of Second-Generation Biofuel Tax Credits Supports Innovation and Economic Growth, BIO Says

WASHINGTON--The Biotechnology Industry Organization (BIO) today thanked Congress for including extensions and modifications of the Second Generation Biofuel Producer Credit and the Special Allowance for Second Generation Biofuel Plant Property in final passage of the American Taxpayer Relief Act of 2012. ... Continue reading

Ford eNews - Jan. 2, 2013

Ford eNews - Jan. 2, 2013

Buying a new TV for the big game, easier with a Ford Fusion Getting ready for the playoffs, a man decides to buy a new 47-inch flat-screen TV; the only problem is he can't fit it into his Honda Accord. Luckily, his good friend is the owner of a new 2013 Ford Fusion with a larger trunk and more pass-through space from s ... Continue reading

Zipcar Board of Directors Under Investigation for Potential Breaches of Fiduciary Duty by Glancy Binkow & Goldberg LLP

Zipcar Board of Directors Under Investigation for Potential Breaches of Fiduciary Duty by Glancy Binkow & Goldberg LLP

Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of Zipcar, Inc. related to the proposed acquisition of the Company by Avis Budget Group, Inc. The transaction is valued at approximately $491 million or $12.25 per share. This investigation concerns whether t ... Continue reading

Law Firm Brower Piven Announces Investigation of Zipcar

Law Firm Brower Piven Announces Investigation of Zipcar

The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Zipcar, Inc. and other violations of state law by the board of directors of Zipcar relating to the proposed acquisition of the Company by Avis Bu ... Continue reading

Avis Budget Group to Acquire Zipcar For $12.25 Per Share in Cash

Avis Budget Group to Acquire Zipcar For $12.25 Per Share in Cash

Avis Budget Group, Inc. and Zipcar, Inc. , the world's leading car sharing network, today announced that Avis Budget Group has agreed to acquire Zipcar for $12.25 per share in cash, a 49% premium over the closing price on December 31, 2012, representing a total transaction value of approximately $500 million. The trans ... Continue reading

Research and Markets: 2013 U.S. Automobile & Motor Vehicle Mfg. Industry-Capital & Expenses Report

Research and Markets: 2013 U.S. Automobile & Motor Vehicle Mfg. Industry-Capital & Expenses Report

Research and Markets has announced the addition of the "2013 U.S. Automobile & Motor Vehicle Mfg. Industry-Capital & Expenses Report" report to their offering. '2013 U.S. Automobile & Motor Vehicle Mfg. Industry-Capital & Expenses Report' The 2013 U.S. Automobile & Motor Vehicle Mfg. Industry-Capital & Expenses Report, ... Continue reading

Resolve to Take Better Care of Your Car in the New Year

Resolve to Take Better Care of Your Car in the New Year

First Resolution: Sign up for Car Care Council's Free Online Custom Service Schedule -- Most people make new year's resolutions. Resolving to lose weight and exercise can be tough ones to keep, but resolving to take better care of your car has never been easier with the free online custom service schedule from the non- ... Continue reading

TRW to Present at the 2013 Deutsche Bank Global Automotive Industry Conference on January 16, 2013

TRW to Present at the 2013 Deutsche Bank Global Automotive Industry Conference on January 16, 2013

TRW Automotive Holdings Corp. is scheduled to present at the 2013 Deutsche Bank Global Automotive Industry Conference in Detroit, Michigan on Wednesday, January 16, 2013. The presentation, which will be simultaneously webcast, is scheduled to begin at 8:00 a.m. (Eastern Time), and is expected to run for approximately f ... Continue reading

Iteris to Present at the 15th Annual Needham Growth Conference on January 16, 2013

Iteris to Present at the 15th Annual Needham Growth Conference on January 16, 2013

Iteris, Inc. (NYSE MKT: ITI), a leader in providing intelligent traffic management information solutions, has been invited to present at the 15th Annual Needham Growth Conference. The conference will be held at the New York Palace Hotel in New York City on January 15-17, 2013. Iteris CEO Abbas Mohaddes is scheduled to ... Continue reading

Kia Motors Announces Google Maps Integration to Enhance In-Car Connectivity

Kia Motors Announces Google Maps Integration to Enhance In-Car Connectivity

Kia Motors America (KMA) today announced it will work with Google to provide content and search-based solutions enabled by Application Program Interfaces (APIs) for the second-generation of the automaker's innovative UVO eServices telematics system. These new solutions will initially be introduced on the new 2014 Soren ... Continue reading

High School Students Use Technology to Keep Teen Drivers Safe

High School Students Use Technology to Keep Teen Drivers Safe

While most students are finishing up finals and looking forward to the holiday vacation, a handful of juniors at Cherry Creek High School, one of the largest in the Denver-metro area, were working hard to complete a six-week research project measuring and profiling each others' driving habits. Leveraging innovative tec ... Continue reading

Students Receive A-plus from Chrysler Brand Thanks to Strong Community Support

Students Receive A-plus from Chrysler Brand Thanks to Strong Community Support

Thanks to a great turnout from community members, the Chrysler brand will award five schools $5,000 in additional funding through the Drive for the Kids -- program for their achievement of an excessively high number of test drives at their location. The five schools are: Central Region: Eagle Heights Elementary School ... Continue reading

IIHS Names Safest Cars For 2013

IIHS Names Safest Cars For 2013

New TOP SAFETY PICK+ award goes to 13 cars; 117 additional vehicles earn TOP SAFETY PICK To reward 2013 models with superior crash protection, the Insurance Institute for Highway Safety (IIHS) is awarding its new Top Safety Pick+ accolade to 13 cars. All earn good or acceptable ratings in the new IIHS small overlap tes ... Continue reading

Hyundai To Enhance In-Vehicle Search And Navigation Experience With Google Maps

Hyundai To Enhance In-Vehicle Search And Navigation Experience With Google Maps

Hyundai and Google, Inc. today announced that Google Maps application programming interfaces (APIs) will be integrated into the U.S.-based Hyundai Blue Link® telematics platform, helping drivers more easily and quickly find their destination. Hyundai Blue Link currently offers a variety of features and applications ... Continue reading

Polk Expects 2013 U.S. New Vehicle Registrations To Reach 15.3 Million

Polk Expects 2013 U.S. New Vehicle Registrations To Reach 15.3 Million

New light vehicle registrations in the U.S. in 2013 are expected to rise 6.6 percent over 2012 levels to 15.3 million vehicles, according to Polk, a leading global automotive market intelligence firm. At the same time, Polk analysts forecast North American production volumes to increase to the 15.9 million unit range ( ... Continue reading

Grand Am B-Spec: Series Suspended - For Now

Grand Am B-Spec: Series Suspended - For Now

DAYTONA BEACH,Jan. 1, 2013: GRAND-AM Road Racing announced today that it has suspended operation of the Performance Showcase, a competition for sub-compact race cars commonly known as “B-Spec.” During the 2012 debut season, the showcase featured six events. The possibility of the showcase returning will be ad ... Continue reading

Grand Am Rolex - Junqueira, Drisi Complete Team Sahlen Lineup For Rolex 24

Grand Am Rolex - Junqueira, Drisi Complete Team Sahlen Lineup For Rolex 24

DAYTONA BEACH, Jan. 1, 2013: Team Sahlen completed its lineup for the 2013 Rolex 24 At Daytona with the addition of open-wheel star Bruno Junqueira and endurance racing veteran Tomy Drissi. The pair will join Simon Pagenaud, Joe Sahlen, Joe Nonnamaker, Will Nonnamaker and Wayne Nonnamaker in the Ohio-based debut in the ... Continue reading

Grand Am Rolex - Aston Martin Plans To Broaden Its Brand Base At Daytona

Grand Am Rolex - Aston Martin Plans To Broaden Its Brand Base At Daytona

Daytona, Jan. 1, 2013: Aston Martin, TRG Combine To Broaden Iconic Brand’s Footprint In North American Sports Car Racing The highly-competitive Vantage GT3 will compete alongside Ferrari, Porsche, Chevrolet, Audi, BMW and other manufacturers beginning with the season’s second event March 2 at the Circuit of t ... Continue reading

Grand Am Rolex - GX Class Gets Mazda6 As First Diesel-Powered Vehicle

Grand Am Rolex - GX Class Gets Mazda6 As First Diesel-Powered Vehicle

Daytona, Jan. 1, 2013: Mazda North American will field a Mazda6 in GRAND-AM's new GX category beginning with January's Rolex 24 At Daytona. by it's official. Mazda North American will field a Mazda6 in GRAND-AM's new GX category beginning with January's Rolex 24 At Daytona. Mazda's announcement came amidst the glitz an ... Continue reading

Special Motorsports Event - SPEED And SPEED.COM To Broadcast NASCAR Thunder Test Sessions

Special Motorsports Event - SPEED And SPEED.COM To Broadcast NASCAR Thunder Test Sessions

Daytona, Jan. 1, 2013: SPEED and SPEED.com will be live from the high banks of Daytona International Speedway when Preseason Thunder kicks off the 2013 Sprint Cup Series season. SPEED and SPEED.com offer live coverage of the Jan. 10-12 test session in its entirety with SPEED live from all afternoon sessions and SPEED.c ... Continue reading

Sprint Cup - Start Times Finalized For 2013 Budweiser Speedweeks

Sprint Cup - Start Times Finalized For 2013 Budweiser Speedweeks

DAYTONA BEACH, Jan. 1, 2013: For the fourth straight year, the 55th annual Daytona 500 on Sunday, Feb. 24, NASCAR’s biggest, richest and most prestigious race, is scheduled for a 1 p.m. start time (TV – FOX Sports, Radio – MRN Radio). Start times for the other remaining events of Budweiser Speedweeks 201 ... Continue reading

Rolls-Royce Celebrates 10 Years Of Excellence

Rolls-Royce Celebrates 10 Years Of Excellence

Rolls-Royce Motor Cars today celebrates 10 Years of Excellence. On 1 January 2003 the Home of Rolls-Royce officially opened for business and the first car was presented to its delighted customer at one minute past midnight. ... Continue reading

News Summary - Ending The Year On A Record High

News Summary - Ending The Year On A Record High

Suzuki GB PLC is pleased to announce record year on year sales in the UK with a closing figure of 24,880 units, representing a growth of 24 per cent over 2011's full calendar year volume of 19,800 units. ... Continue reading

Bentley Reveals New Performance Flagship Convertible

Bentley Reveals New Performance Flagship Convertible

The Continental GT Speed Convertible, Bentley's new open-top performance flagship - and the world's fastest four-seat convertible - makes its international debut on 14th January at the North American International Auto Show, Detroit. ... Continue reading

Renault Wraps 2012 on a High, Looks for More Growth in 2013

Renault Wraps 2012 on a High, Looks for More Growth in 2013

Renault sales in 2012 set a new record for the brand in Australia since its return in 2001. ... Continue reading

It's Official: Nissan Sets a New Annual Sales Record in Australia

It's Official: Nissan Sets a New Annual Sales Record in Australia

Nissan has set a new calendar year record for sales of new Nissan vehicles in Australia. ... Continue reading

Volvolution - Volvo Car Australia's Sales Event of the Year is Back

Volvolution - Volvo Car Australia's Sales Event of the Year is Back

Fast start 2013 with Volvolution, Volvo Car Australia's premier sales event of the year. ... Continue reading

Comprehensive New Narva Catalogue Sets New Benchmark for Industry

Comprehensive New Narva Catalogue Sets New Benchmark for Industry

With the addition of more than 1,000 new part numbers the 2013-2014 Narva catalogue, containing in excess of 500 pages in full colour, sets a new benchmark for the most comprehensive automotive lighting and electrical catalogue ever released in the Australasian market. ... Continue reading

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