Isuzu Rodeo's Economy Record Beaten in 853 Mile UK Run
LONDON - July 24, 2007: A fuel economy record set in 2006 by a standard Isuzu Rodeo pickup has been beaten, by the '07 Isuzu Rodeo, armed with its world-beating new commonrail diesel engine. The substantially facelifted Rodeo Denver Max has achieved a remarkable 54.20 mpg after being driven virtually non-stop from Land ... Continue reading
Volvo to Sell Four Models in China
SHANGHAI - July 24, 2007: Volvo Cars has announced that they will be selling four models in China: the S40, XC90, C30 and S80 T6. The S40 will be built in Fordâs Chongqing plant, while the other three models will be imported from abroad. The C30, Volvo's first two-door sedan, debuted at the Paris Auto Show last ye ... Continue reading
Polk Data Shows Nearly 11 Percent Growth In Ethnic Market From 2003 To 2006
Non-ethnic market declines seven percent SOUTHFIELD, Mich., July 24, 2007 â New vehicle registrations among ethnic groups increased by nearly 11 percent from 2003 to 2006, according to data released by R. L. Polk & Co. Hispanics, Asians and African Americans are represented in the category. Polk also reports non-e ... Continue reading
Detroit Festival of Speed and Style Comes to Downtown Detroit
Inaugural Event will Showcase Automotive History through Cars, Art and Music DETROIT, July 24 -- The Detroit Festival of Speed and Style, scheduled for August 24-26, is not only a new event but it is also a new concept of car show. Marrying the excitement and speed of car cruises and races with the style and sophistica ... Continue reading
Avis Expands 'Cool Car' Collection To Offer Choice of Hybrid Vehicles Reservable by Make and Model
Environment-Friendly Vehicles Available at West Coast and Washington, D.C. Locations Coming Soon to Boston, Chicago, Dallas, New York and Philadelphia PARSIPPANY, N.J., July 24 -- Avis Rent A Car System, LLC announced today that it will add 500 Nissan Altima Hybrid vehicles to its U.S. fleet, available at select locati ... Continue reading
China's SAIC And Nanjing Auto to Cooperate, Favor Daimler-Chrysler Style Merger
"The negotiations concentrates on cooperation instead of acquisition", said one NAC official. SHANGHAI - July 24, 2007: Sources from Shanghai Automotive Industry Corporation Group (SAIC) and Nanjing Automobile (Group) Corporation (NAC) said negotiations between the two parties are well underway and the initial framewor ... Continue reading
Polk Data Shows Nearly 11 Percent Growth in Ethnic Market from 2003 to 2006
Non-Ethnic Market Declines Seven Percent SOUTHFIELD, Mich., July 24 -- New vehicle registrations among ethnic groups increased by nearly 11 percent from 2003 to 2006, according to data released by R. L. Polk & Co. Hispanics, Asians and African Americans are represented in the category. Polk also reports non-ethnic new ... Continue reading
TEAM REPORTS (NUERBURG) - HRF1 RACE REPORT
A somewhat chaotic European Grand Prix ended disappointingly for the Honda Racing F1 Team at the Nürburgring today. Rubens Barrichello crossed the line in 11th position whilst Jenson Button became one of a number of casualties at a rain-soaked first corner when his car aquaplaned uncontrollably across the river which ... Continue reading
Fuel Card Issuers Are Using Leasing Companies as a Distributor for Their Cards
DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/reports/c63579) has announced the addition of âFuel Card Distribution through Leasing Companiesâ to their offering. Financing company vehicle fleets through operational leasing contracts is popular across Europe and management services a ... Continue reading
TEAM REPORTS (BURFORD) - KINETIC MOTORSPORTS DISPLAYS TRUE COMPETITIVENESS AT BARBER
Kinetic Motorsports retuned this weekend from Barber Motorsports Park in Leeds, Ala. after an over all successful weekend in the Grand Am KONI Challenge. Drivers Bryan Ortiz and Owen Trinkler were behind the wheel of the No. 79 Kinetic Motorsports BMW M3 at the event with the hopes of another top-five finish. The event ... Continue reading
TEAM REPORTS (BIRMINGHAM) - CONSISTENCY PAID OFF WITH TOP-5 FINISH
In the midst of a close championship battle compounded with only four Rolex races remaining in the 2007 season, TELMEX drivers Scott Pruett and Memo Rojas were able to gain valuable points from their fifth place finish in the Porsche 250 presented by Bradley Arant at Barber Motorsports Park. Consistency remained the fo ... Continue reading
New Study Finds Higher Fuel Economy Standards Yield Larger Big Three Gains
New CAFE design increases Detroit market share and profits ANN ARBOR, Mich., July 24 /PRNewswire-USNewswire/ -- Detroit automakers gain market share and increase profits under new fuel economy policy design, according to a new study by the University of Michigan's Transportation Research Institute (UMTRI). Under the hi ... Continue reading
ALMS (LEXINGTON) - MID-OHIO CREATE RACE EXPERIENCE "FOR THE FANS"
The American Le Mans Series competed in front of record crowds at Mid-Ohio, two weeks after doing the same at Lime Rock. A record crowd for the Acura Sports Car Challenge and the seventh round of the American Le Mans Series at Mid-Ohio Sports Car Course experienced far more than just world-class racing. The Lexington, ... Continue reading
Cellular is strangling Telematics Deployment
If you've ever wondered why growth in the telematics industry is so sluggish, there's a simple answer - the cost of cellular modems and network subscriptions make it uneconomic for all but a few critical applications. Yet the dinosaur of cellular continues to be a millstone around the neck of telematics by claiming it ... Continue reading
Nissan Begins Tests on Preventive Drunk-Driving Technology
- On-board breathalyzer system to immobilize vehicle - TOKYO, July 24 -- Nissan Motor Co., Ltd. announced it will begin testing of a new technology to prevent drunk-driving in cooperation with local prefectural authorities in Japan. Nissan is actively engaged in developing a wide range of technologies to improve road s ... Continue reading
TEAM REPORTS (SONOMA) - JEGS PRE-RACE PREVIEW
The 20th annual Fram-Autolite NHRA Nationals at beautiful Infineon Raceway in the world renowned California Wine Country represents the sixth and final race of an unprecedented run of six consecutive drag races in six weekends. It's been a summer-long grind that has taken its toll on many teams, but lifelong drag racer ... Continue reading
TEAM REPORTS (NASHVILLE) - SPRAKER/GLOCK RACING
Michelle Theriault’s 13th place finish in the Music City 150 presented by Coyote Ugly Sunday evening was hard fought after the NASCAR Busch East Series Rookie-of-the-Year candidate battled back from a flat tire late in the race to thunder back towards her fourth top-15 finish of the 2007 season. Earlier ... Continue reading
Miles Electric Vehicles Debuts Zero Emissions All-Electric Truck at FedFleet Expo in Orlando
ORLANDO, Fla.--Miles Electric Vehicles, maker of an advanced line of low-speed all-electric cars and trucks, will debut its new zero emissions, all-electric ZX40ST truck today at the FedFleet Exposition in Orlando, July 24-26. The new open-air work truck will be the most powerful all-electric truck on the market and co ... Continue reading
PARIS, July 24 -- Valeo announced today that it has created a joint venture for the production of alternators and starter motors with N.K. Minda Group, a leading manufacturer of automotive systems in India. The new company, called Valeo Minda Electrical Systems India Private Limited, will be 66.7% owned by Valeo and 33 ... Continue reading
Hyundai's First Harlem Dealership Opens
Potamkin East Harlem Auto Mall Expands to Bring Import Brands Back to Harlem EAST HARLEM, N.Y., July 24 -- Hyundai Motor America (HMA) is pleased to announce that the Potamkin East Harlem Auto Mall has completed a major expansion in the number of new car lines represented at the facility. For the first time in its hist ... Continue reading
Ceradyne, Inc. Reports Second Quarter, Six-Month 2007 Financial Results
COSTA MESA, Calif.--Ceradyne, Inc. reported financial results for the second quarter and six months ended June 30, 2007, including record six month sales and record net income. Sales for second-quarter 2007 rose 14.4% to $185.4 million from $162.0 million in second-quarter 2006. Net income for second-quarter 2007 incre ... Continue reading
ArvinMeritor and Chery Form Chassis Systems Joint Venture
ArvinMeritor Partners with China's Fastest Growing OEM SHANGHAI, China, July 24 -- ArvinMeritor, Inc. and Chery announced today that the parties have entered into a joint venture partnership to design and manufacture chassis systems and components. The new joint venture, ArvinMeritor Chassis Systems Wuhu Co., will evol ... Continue reading
PACCAR Announces Second Quarter Sales and Earnings
BELLEVUE, Wash.--âPACCAR reported excellent revenues and net income for the second quarter and first half of 2007,â said Mark C. Pigott, chairman and chief executive officer. âPACCAR has benefited from balanced global diversification and continued growth in aftermarket parts and financial services revenu ... Continue reading
Toyota Camry Hybrid Wins Edmunds' Inside Line Hybrid Sedan Comparison Test
SANTA MONICA, Calif.--Inside Line, Edmunds.com's high-speed online car magazine, today announced that the 2007 Toyota Camry Hybrid won the latest comparison test of hybrid sedans, which is described in full at 2007 Hybrid Sedan Comparison Test (http://www.edmunds.com/insideline/do/Drives/Comparos/articleId= 121755). Th ... Continue reading
TOKYO, July 24 -- - Global Vehicle Sales up 5.9% on Demand for New Product Nissan Motor Co., Ltd., today announced that consolidated net income after tax totaled 92.3 billion yen (US $764 million, euro 566 million) in the first quarter of fiscal year 2007, ending March 31, 2008, down 16.2% compared with the same period ... Continue reading
China-Made CVT Transmission To Be Produced Next Year
SHANGHAI - July 24, 2007: This past Thursday, Luoyang Sanming Industry Co. announced their plans to initiate production of China's first independently patented CVT transmission. Production with begin by the first quarter of 2008 with a total investment of 220 million yuan. The planned annual output will be 50,000 units ... Continue reading
New Survey Yields Extreme Examples of Dangerous and Distracted Driving
WASHINGTON, July 23 /PRNewswire-USNewswire/ -- Everyone's heard of people doing outrageous things while driving, but can you top these? A new survey by the American Iron and Steel Institute (AISI) asking participants to describe examples of distracted driving they have witnessed has yielded some extreme results. Along ... Continue reading
WARRENVILLE, Ill.--Navistar International Corporation (Other OTC:NAVZ) announced today that its military subsidiary, International Military and Government, LLC, has received an incremental order from the U.S. Marine Corps for 755 additional Category I Mine Resistant Ambush Protected (MRAP) vehicles valued at approximat ... Continue reading
Nissan Set for Light Commercial Vehicle Growth in Europe
LONDON, July 23 -- - New Products and Expansion to Drive Growth Nissan Motor Co., Ltd., today announced plans to grow its light commercial vehicle (LCV) business in Europe by 2010 by introducing new products and expanding into new markets. "Nissan has a long tradition in the European LCV sector and plays a key role in ... Continue reading
DENSO - Bosch Diesel Particulate Filter Joint Venture Approved
STUTTGART, Germany and KARIYA, Japan, July 23 -- In June 2007, DENSO Corporation and Robert Bosch GmbH established a 50-50 joint venture to develop and manufacture diesel particulate filters in Wroclaw, Poland, based on the agreement announced in October 2006. All relevant authorities have given their approval for the ... Continue reading
Power Information Network Reports: Midsize Van Segment Continues to Contract and Lose Market Share
Manufacturers Rely on Incentives to Bolster Midsize Van Sales WESTLAKE VILLAGE, Calif., July 23 -- The midsize van segment continues to lose market share while at the same time losing several models, according to real-time retail sales transaction data from the Power Information Network (PIN), a division of J.D. Power ... Continue reading
New Tire Tests Show The Quarter Is The New Penny
Tire Rack experts seek change in tread-depth limits Photos, Video Available SOUTH BEND, Ind., JULY 23 -- Quarters are safer than pennies when it comes to checking your tires, according to new tests conducted by The Tire Rack, the country's largest independent tire tester. With much of the summer travel season remaining ... Continue reading
Fallbrook Technologies' NuVinci Transmission Wins Prestigious R&D 100 Award
- Breakthrough Continuously Variable Planetary Transmission Named one of the 100 Most Technologically Significant Products of 2007 - SAN DIEGO, July 23 -- Fallbrook Technologies Inc. (Fallbrook), a pioneering technology development company, announced today that its NuVinci continuously variable planetary (CVP) transmis ... Continue reading
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