Autoliv Raises Dividend to a Record Level
The Board of Directors of Autoliv, Inc. -- the worldwide leader in automotive safety systems -- today raised the Company's quarterly dividend to stockholders by two cents to 47 cents per share for the second quarter 2012, an increase of 4.4% from the previous quarter. The dividend declared today will be payable on Thur ... Continue reading
3M and Chesapeake Energy Corporation Partner to Create New CNG Tank Technology
3M and Chesapeake Energy Corporation today announced an agreement to collaborate in designing, manufacturing and marketing a broad portfolio of compressed natural gas (CNG) tanks for use in all sectors of the United States transportation market. Currently the fuel tank on a CNG vehicle is its most expensive single comp ... Continue reading
TomTom launches GO 2050 and Via range of PNDs in Indonesia
TomTom is launching its award-winning Via and GO 2050 series of PNDs in Indonesia. This complete range of products with models for basic navigation as well as feature-rich devices for more demanding driving is now available at major consumer electronic stores and online. 'We've been in Indonesia for a number of years m ... Continue reading
Japan's Island Paradise Okinawa Expands EV Role in Eco-Tourism +VIDEO
The name Okinawa means ârope in the open sea,â and the island archipelago in southern Japan offers tropical beauty that lassos in more than 5 million tourists annually. Over the past year, the Japanese prefecture has offered a new lure for visitors: Nissan LEAF electric cars. Setting its island-style pace asi ... Continue reading
T3 Motion, Inc. (NYSE AMEX:TTTM) a producer of clean/green technology, announced that Crystal Research Associates LLC has released an Executive Informational Overview (EIO) on T3 Motion, Inc. T3 Motion is the manufacturer of the world-renown T3 ESV, an all-electric law enforcement patrol vehicle known for its command p ... Continue reading
European Premiere for Mazda Takeri Concept at 2012 Geneva Motor Show +VIDEO
Mazda will unveil its Takeri concept car for the first time in Europe at next month's Geneva International Motor Show. Mazda Takeri is a next-generation mid-sized saloon featuring Mazda's new and unique i-ELOOP regenerative braking technology. ... Continue reading
Alcoa and China Power Investment Corporation (CPI) announced today they have finalized an agreement to establish a joint venture company to produce high-end fabricated aluminum products for the China market. Alcoa Chairman and CEO Klaus Kleinfeld and CPI President Lu Qizhou signed the agreement today in Beijing at the ... Continue reading
How Do You Like Gasoline Prices Now, America? Are You Ready to Do Something About It?
You must like being smacked around by Ahmadinejad and OPEC By Marc J. Rauch Exec. Vice President/Co-Publisher THE AUTO CHANNEL Oil and gasoline prices are going up, again. And this time the rise could very well take us to $5.00 per gallon and beyond. Why? For no reason other than greed and because those in charge of th ... Continue reading
For a third year, top engineers and technical professionals from leading manufacturers will gather for two industry-leading conferences March 13th-14th in Orlando, Florida, focused on the latest advancements and market developments in motors, drives, motion control and automation technologies as well as magnetics mater ... Continue reading
Nissan North America Names Vinay Shahani Director, Marketing Communications and Media
Nissan North America today announced that Vinay Shahani has been named director, marketing communications and media, Nissan North America, effective April 1. He will report to Jon Brancheau, vice president, Nissan marketing. In his new role, Shahani will lead marketing strategies and initiatives that enhance Nissanâ ... Continue reading
Dana Appoints William G. Quigley III as CFO
Dana Holding Corporation today announced that William G. Quigley III, formerly chief financial officer at Visteon Corp., is appointed executive vice president and chief financial officer, effective March 1, 2012. Current Executive Vice President and Chief Financial Officer James A. Yost will step down from his role as ... Continue reading
Cummins Creates Ethics and Compliance Organization
Cummins Inc. announced today that it is creating an Ethics and Compliance organization with officer-level leadership and accountability, and has named Deputy General Counsel Mark Sifferlen to this critical role. 'Integrity ranks first among our values because doing the right thing is not an option for us. It is what we ... Continue reading
NHRA Pro Stock - Coughlin Rides The Ragged Edge In First-round Loss In Phoenix
PHOENIX, Feb. 20, 2012: Following qualifying for the NHRA Arizona Nationals, Pro Stock ace Jeg Coughlin Jr. said the JEGS.com/Mopar Dodge Avenger needed to get more aggressive for Sunday's first round matchup with Jason Line. For the first half of the race, that plan looked like it was working to perfection, but just w ... Continue reading
Sprint Cup - Bayne Locked In For Daytona
Daytona, Feb. 20, 2012: For the past year Trevor Bayne and his No. 21 Motorcraft/Quick Lane Ford Fusion team have been referred to as the defending Daytona 500 champions. But to actually defend their title, they first had to earn a starting spot in this yearâs Great American Race. Since Bayne and his Wood Brothers ... Continue reading
NHRA Top Fuel - Brown Wins Phoenix
Phoenix, Feb. 20, 2012: U.S. Army NHRA Racing Top Fuel drivers Tony âThe Sargeâ� Schumacher and Antron Brown continued their strong start to the 2012 drag racing season with a final-round meeting Sunday in the NHRA Arizona Nationals at Firebird International Raceway outside of Phoenix. Brown, aboard his ... Continue reading
Outlaw Sprint Car - Mark Millwright & Rigging To Sponsor Henderson Sorokach Sprint Car
MINERSVILLE, Feb. 20, 2012: Popular sprint car driver Justin Henderson and his team owners, Dawn and Charlie Sorokach of Sorokach Motorsports, are pleased to announce that Mark Millwright & Rigging of Emigsville, Pa. will be the teamâs primary sponsor for the 2012 season. Henderson, of Speedway, Ind. and Minersvil ... Continue reading
Shorepower Electric Vehicle Charging Stations Now Appearing on OpConnect Network
Shorepower and OpConnect have entered into an agreement to connect Shorepower's Level II electric vehicle charging stations to OpConnect's Electric Vehicle Charging Network. EV drivers charging on Shorepower's charging stations will have access to all of the features of OpConnect's network, including real-time views of ... Continue reading
Sprint Cup - RFR Sweeps Front Row At Daytona
DAYTONA BEACH, Feb. 20, 2012: Roush Fenway added to its â25 Winning Yearsâ� legacy, claiming both front row starting positions in Sundayâs Daytona 500 Pole Day at Daytona International Speedway. Carl Edwards covered the 2.5-mile oval at the World Center of Racing in 46.216 seconds (194.738 mph) to s ... Continue reading
LYONHEART K: A New, Truly British Luxury Sports Car
COVENTRY, England, February 21, 2012 -- - Cross reference: Picture is available via epa european pressphoto agency and can be downloaded free of charge at http://ots.de/2eS4w - The LYONHEART K, an all-new, truly British luxury sports car, is launched today. Classic Factory, the Swiss design company, recently enjoyed a ... Continue reading
U.S. Consumers Hold On to New Vehicles Nearly Six Years, An All-time High
Based on an analysis of U.S. vehicle registrations by Polk, a leading global market intelligence firm, the average length of ownership of vehicles that were purchased new has risen to a record 71.4 months, or nearly six years (see Table A). For consumers who purchased used vehicles, the average length of ownership is n ... Continue reading
Research and Markets: Energy Harvesting for Electric Vehicles 2012-2022
Research and Markets has announced the addition of the "Energy Harvesting for Electric Vehicles 2012-2022" report to their offering. The electric vehicle industry - land, water and air - is rapidly rising to become a huge market of over $200 billion in 2022 at ex-factory prices. Some run entirely on harvested energy as ... Continue reading
VINtek Awarded Third U.S. Patent
VINtek, a provider of automotive collateral management, electronic lien and title (ELT) services and direct finance processing for automotive lenders, announced U.S. Patent # 8,078,525 B2 was issued to the company Dec. 13, 2011 to cover specific VINtek technologies and processes involved in presenting auto purchase doc ... Continue reading
Honda Racing Team Put The New Civic BTCC Race Car Into Action
The Honda Racing Dunlop MSA British Touring Car Championship team are putting the new Civic Next Generation Touring Car (NGTC) through its paces at its first public test outing at Brands Hatch today (21 February 2012). ... Continue reading
Hot Looks And Cool Connections With New Toyota Aygo Fire And Ice
Regroomed and re-engineered, the Toyota Aygo has both better looks and more efficient performance for 2012. Having broken cover at the Brussels motor show at the beginning of the year, the new range is now available in the UK with prices little changed or even cheaper than the previous line-up. ... Continue reading
Citroen's recently announced, updated and lower emissions Berlingo and Dispatch vans will make their debut at this year's CV Show (24-26 April, NEC Hall 2, Stand 2F60). They will be shown alongside models from the Euro 5 Nemo and Relay ranges, including models from the Relay Specialist range. ... Continue reading
Isuzu D-Max: The All-New Pick-Up
Isuzu UK will launch an all-new pick-up in June 2012. In recognition of its fundamental upshift in performance, quality, efficiency and refinement, the new model bears a fresh name for the UK pick-up sector: Isuzu D-Max. ... Continue reading
Audi RS 5 Is Back On Top With New Generation Specification
The Audi RS badge returns, reinvigorated, to its rightful place at the head of the A5 Coupé range this week in the new generation RS 5, combining new styling, mechanical and specification revisions with characteristically extreme performance from a high-revving 450PS V8. ... Continue reading
James Bond Vehicle Exhibition Has Now Opened At The National Motor Museum
Beaulieu is delighted to report that since the launch of its BOND IN MOTION exhibition in mid-January it has attracted a huge amount of interest from the press and public on an international scale. ... Continue reading
Double Appointment To Bolster Bentley Global Sales
Bentley has today confirmed two appointments to strengthen its regional sales and marketing operations. With effect from 1 February 2012, Till Scheer became Regional Director, Greater China and Guillaume Chabin rejoined Bentley as Regional Director, Europe. ... Continue reading
Nissan Gets Heavy With Its New NV400 Panel Van Advertising Campaign
Nissan has turned to its heavyweight commercial vehicle relatives to help publicise its new NV400 panel van range to potential business customers. ... Continue reading
New Automatic Climate Control In The BMW 3 Series Operates Using Advanced Thermal Management
For a long time, motorists regarded air conditioning merely as a guarantee of a cool workplace when behind the wheel. During the early 1980s, the optional extra was predominantly ordered as protection against the midsummer heat inside the car, true to the motto: the heat has to stay out, irrespective of how hot the sun ... Continue reading
Is B-Max The New Black? Fashion, Furniture, Gadgets Inspire New Ford Small Car's Colours
With an eye on the quick-drying properties that black paint offered the original Model T, Ford Motor Company founder Henry Ford famously wrote that customers can choose any colour "so long as it is black." ... Continue reading
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