TEAM REPORTS (CONCORD, NC.) - Coughlin helps unveil new Charlotte-area race, drag strip
Reigning POWERade Pro Stock champion Jeg Coughlin Jr. added some star power to racing mogul O. Bruton Smith's Thursday announcement that he'll be building a $40 million drag strip adjacent to Lowe's Motor Speedway. The yet-to-be-named facility already has been awarded a race date of Sept. 11-14. "Any time Bruton Smith ... Continue reading
INDYCAR (INDIANAPOLIS, IN.) - SERIES NOTES
1. Drivers will use Rolex 24 Hours race to prepare for new season<br> 2. Kanaan, Andretti to appear at Detroit Auto Show <br> <P> 1. Drivers will use Rolex 24 Hours race to prepare for new season: A handful of IndyCar Series drivers will return to the racetrack Jan. 26-27 for the Rolex 24 at Daytona, including Target C ... Continue reading
2008 Jeep Liberty Sport 4x2 Review
DRIVING DOWN THE ROAD WITH CAREY RUSS 2008 Jeep Liberty Sport 4x2 When the 2008 Jeep Liberty was delivered for testing, I at first thought the delivery service had made a mistake. The vehicle out in front of my house was inarguably a Jeep, but it didn't look like a Liberty at all. This was because about the only thing ... Continue reading
NASCAR star Dale Earnhardt Jr. is the focus of a new television series on ESPN, Dale Jr. â Shifting Gears, premiering prior to next monthâs opening of the 2008 NASCAR season. The five-part series chronicles Earnhardtâs move from Dale Earnhardt Inc., the team founded by his father, to Hendrick Motorsports ... Continue reading
TEAM REPORTS (CONCORD, NC.) - JAMIE McMURRAY OFF TO JURY DUTY
"I can't believe that I'm going to miss the media tour this year," said McMurray. "Instead of being the driver of the No. 26 Crown Royal Ford Fusion, I'm Juror No. 7 at the Iredell County Courthouse, after being selected for jury duty earlier this week. So rather than joining my teammates at Roush Fenway Racing this af ... Continue reading
RESTON, Va. Jan. 24, 2008; Sprint Nextel today announced changes in its senior management team. Paul Saleh, Chief Financial Officer, Tim Kelly, Chief Marketing Officer, and Mark Angelino, president, Sales and Distribution will leave the company Friday, January 25. "I want to thank each of these individual leaders for t ... Continue reading
Two Penske California Dealerships Get Federal Money To Upgrade Facilities - Huh?
Washington DC January 24, 2008; Longo Toyota and Longo Lexus, part of the Penske Automotive Group, are getting $500,000 in federal funds as part of a multi-million-dollar deal to upgrade the nation's largest dealership, according to a report in dealersedge.com. The funds come from a U.S. Department of Housing and Urban ... Continue reading
DRIVING DOWN THE ROAD WITH CAREY RUSS 2008 Scion xB When the Scion brand debuted as Toyota's youth-oriented line, the expectation was that the xA hatchback would account for most sales, with the xB second. After all, the xA, a subcompact hatchback, was in a category known to be popular with the young, young at heart, a ... Continue reading
As the countdown clock inexorably marched toward the start of last yearâs Rolex 24 at Daytona, Juan Pablo Montoya was answering a question about his teamsâ chances in the Daytona International Speedway race at when he paused in mid-sentence. Perhaps realizing he was precariously close to all but predicting an ... Continue reading
SPECIAL EVENT (LAKEVILLE, CONN.) - Skip Barber Karting Scholarship Shoot-out Entry List
The final list of entrants for the 11th Annual Skip Barber Karting Scholarship Shoot-out has been released. The Shoot-out, February 1-3 at Sebring International Raceway, will award close to $130,000 in scholarships . paid seat time in the various Skip Barber Race Series championships. The largest award is courtesy of M ... Continue reading
NASCAR Craftsman Truck Series drivers completed the second of a two-day test session under the lights at Atlanta Motor Speedway. The trucks hit the asphalt at 10:30 a.m. and concluded their session at 8 p.m. Terry Cook laid down a fast lap of 31.493 seconds, (171.467 mph) followed by Todd Bodine, Chad McCumbee, Jack Sp ... Continue reading
A quintet of journalists were honored Tuesday afternoon during the 23rd annual presentation of the Miller Lite Motorsports Journalism Awards of Excellence in honor of Russ Catlin. The group included a veteran sportswriter whose feature story for USA Today explored whether popular Indy Car driver Danica Patrick could wi ... Continue reading
SmarTire Secures Additional Financing
RICHMOND, British Columbia, Jan. 24 -- SmarTire Systems Inc. (BULLETIN BOARD: SMTR) announced today that on January 18, 2008, it sold a second convertible debenture under the Securities Purchase Agreement entered into on November 30, 2007. In addition to the debenture, SmarTire issued 225 million share purchase warrant ... Continue reading
<B>âOnly Oldies Classic Auto Offers Southwest Classic Car Owners and Tire Dealers the Opportunity to Purchase Coker Tires Direct from Tempe Arizona Locationâ</B> Only Oldies Classic Auto is the newest Coker tire distributor and will handle the Southwestern United States territory. Enthusiasts in Arizona can n ... Continue reading
Automakers Focus on the Interior
Washington DC January 24, 2008; The AIADA newsletter reported that at the 2008 International Auto Show in Detroit, automakers are pulling out all the stops to make their vehicle's interiors as eye catching, and comfortable as possible. One of the coolest new dashboard extras, according to the New York Times, is XM Sate ... Continue reading
TEAM REPORTS (DAYTONA, FLA.) - Krohn Racing Ready for Rolex
Krohn Racing comes to Daytona this week ready to do battle in the Rolex 24 At Daytona endurance race. Sixty-seven cars, including 25 Daytona Prototype and 42 GT cars, have entered the 47th annual running of the historic enduro classic at the Daytona International Speedway, January 26-27, 2008. Krohnâs two-car team ... Continue reading
GRAND AM (DAYTONA, FLA.) - KONI Challenge Series Competitors Ready to Race into 2008 Season
The nearly four-month layoff is finally complete and Grand-Amâs KONI Challenge Series competitors will head for the season-opening Fresh From Florida 200 at 2:15 p.m. Friday (SPEED, at 8 p.m. Friday, Feb. 8) at Daytona International Speedway looking for victory in one of the seasonâs biggest races. Highlighte ... Continue reading
Ford Motor Credit Earns $775 Million in 2007*
Fourth Quarter 2007 Earnings of $186 Million Reported DEARBORN, Mich., Jan. 24 -- Ford Motor Credit Company reported net income of $775 million in 2007, down $508 million from earnings of $1,283 million a year earlier. On a pre-tax basis, Ford Motor Credit earned $1,215 million in 2007, down $738 million from 2006. The ... Continue reading
Ford Announces 2007 Fourth Quarter and Full Year Preliminary Results Only Lost $2.7 Billion
-- Full-year net loss of $2.7 billion, an improvement of $9.9 billion from 2006. Fourth-quarter net loss of $2.8 billion, an improvement of more than $2.8 billion from 2006. -- Excluding special items++, full-year pre-tax profit from continuing operations was $126 million, up $3.3 billion from a year ago. Fourth- quart ... Continue reading
Global Vehicles in Operation to Top 1 Billion By 2011, According to R. L. Polk & Co.
SOUTHFIELD, Mich., Jan. 24 -- The number of vehicles on the road globally will top 1 billion by 2011, according to figures released last night at the Automotive News World Congress dinner by R. L. Polk & Co., a provider of marketing intelligence and insight to automakers around the world. The heavy growth will be fuele ... Continue reading
Texas Auto Theft Numbers Climb in 2007
'07 Sees Spike in Un-Recovered Trucks and SUVs IRVING, Texas, Jan. 24 -- The number of Allstate insured vehicles in Texas that were stolen and never found, jumped 11 percent from 2006 to 2007. Texas' second largest auto insurer says a large portion of these un-recovered vehicles were SUVs and trucks -- sending a messag ... Continue reading
By Jim Koscs AIADA Contributing Editor Is the U.S. market ready for pickup trucks and SUVs from China and India? Two enterprising importers are betting on it. Each one, howevÂer, is taking a different approach, and each touts a unique selling proposition. The worldâs largest market for automobiles seems to show ... Continue reading
HUMMER Downsizes HX Concept Along With Gas Consumption - VIDEO STORY
DETROIT - January 24, 2008: The HUMMER HX concept may ride similar to its predecessors but there are big differences â including its size and fuel source. The vehicle, which made its debut at the 2008 North American International Auto Show (NAIAS) in Detroit, is smaller than the brandâs current models, measur ... Continue reading
Toyota Still No. 2 After GM, but Competition Will Intensify in 2008 in New Markets
TOKYO January 24, 2008; Yuri Kageyama writing for the AP reported that General Motors just barely retained its lead over Toyota as the world's No. 1 automaker last year, but the neck-and-neck competition will only intensify in the coming year as the two rivals vie for sales in China, India and other newer, booming mark ... Continue reading
Beijing Hyundai to Launch 3 New Models; New Elantra To Be Produced In April
SHANGHAI - January 24, 2008: Three brand new or redesigned car models will be produced in its newly-finished second plant this year, the company announced yesterday. New Elantra HDC, which was displayed at the Guangzhou Auto Show last November, will be the first model to be produced at the second plant and it will roll ... Continue reading
LOS ANGELES January 23, 2008; A fleet of gas-friendly vehicles from Chevrolet will bring an eco-friendly presence to the 50th Annual GRAMMY® Awards on Sunday, February 10. As the âofficial vehicle of the 50th Annual GRAMMY Awards,â Chevrolet will provide both Hybrid and FlexFuel E85 ethanol SUVs to transpo ... Continue reading
The One and Only 42nd Annual Detroit Camper & RV Show Is Coming to the Rock Financial Showplace
NOVI, MI Jan 23, 2008; The Michigan Association of Recreation Vehicles and Campgrounds (MARVAC) is sponsoring the one and only 42nd Annual Detroit Camper & RV Show, February 13-17, 2008, at the Rock Financial Showplace in Novi (located on Grand River, just 1 mile west of Novi Road). Over 300 new, year 2008 recreation v ... Continue reading
Cummins to Expand Presence in Indiana by Adding 500 Workers
COLUMBUS, Ind. January 23, 2008; Cummins Inc. announced that it will add approximately 500 professional employees, many of them engineers, in Columbus over the next two years, and has agreed to lease an office building being built as part of the Commons Mall redevelopment project to meet the expected growth. The four-s ... Continue reading
Auto Channel team: The Scuderi Group announced the release of the first of three laboratory reports that validate the core split-cycle technology of the Scuderi Air-Hybrid Engine (under full load conditions, in this case). This has been what the European, Indian, Asian and American OEMs have been waitinig for as they c ... Continue reading
CCS students challenged to develop unique steel-intensive wheel designs DETROIT, Jan. 23 -- Classic vehicles are all the rage today and nothing looks better on these cars then a set of cool, authentic-styled steel wheels. Firing the imaginations of today's students in the College for Creative Studies (CCS) senior trans ... Continue reading
Voice Technology in Vehicles Keep Drivers Informed, Increase Loyalty to Automobile Brands and Dealers DALLAS-FORT WORTH, Texas, Jan. 23 -- ATX Group, the world's largest independent telematics services provider to the automotive industry, recently completed its most active year to date in the development of speech- ena ... Continue reading
INDIANAPOLIS, Jan. 23 /PRNewswire-USNewswire/ -- The infamous Great American Run road rally is scheduled to set the USA ablaze when it departs Los Angeles, California on September 7, 2008. The event will conclude with a celebratory final night party in Los Angeles on September 12th. "This is a driving experience like n ... Continue reading
Forbes' Top 10 Most Popular Luxury Vehicles
Washington DC January 23, 2008; The AIADA reported that people shopping for cars on ForbesAutos.com finished off 2007 looking far ahead. During the fourth quarter, three vehicles not even on sale yet were among Forbes' top 10 most researched luxury vehicles. Two of the future models, the 2009 BMW M3 and 2009 Jaguar XF, ... Continue reading
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