More than Jaguar and Landrover - Major Overseas Acquisitions by India's Tata Group
March 26, 2008; Reuters reported that Ford Motor Co is expected to confirm the sale of its British luxury brands Jaguar and Land Rover to India's top vehicle maker Tata Motors for over $2 billion later on Wednesday. Following are some major overseas acquisitions by Tata Group companies in recent years: - Feb 2000 - Tat ... Continue reading
Kiplinger.com Launches New Car Buyer's Guide
WASHINGTON--Kiplinger.com (www.Kiplinger.com), the leader in personal finance advice and business forecasting, announces the launch of its new Car Buyerâs Guide (http://www.kiplinger.com/spending/car_center/). Coinciding with the âBest New Carsâ feature story in Kiplingerâs March 2008 issue, the Car ... Continue reading
Veri-Tek's Manitex Boom Truck Product Line Joins Caterpillar's Allied Vendor Program
Distribution Agreement Highlights Strategic Value of Noble Forklift Acquisition BRIDGEVIEW, Ill., March 25 -- Veri-Tek International, Corp. (AMEX:VCC) , a leading provider of engineered lifting solutions including boom truck cranes, rough terrain forklifts and special mission oriented vehicles, today announced that sel ... Continue reading
Level Ten Communications inks deal with AIM Autosport
Toronto, Ontario (March 24, 2008) - Level Ten Communications (Level Ten) and AIM Autosport (AIM) are pleased to announce the two companies have reached an agreement for the provision of services. The deal effective immediately, will see Level Ten provide media, marketing and public relations support for AIMâs Gran ... Continue reading
Cristiano da Matta Begins Professional Racing Comeback
DALLAS (March 25, 2008) â After being out of a race car for more than 19 months while recovering from a critical 2006 accident, championship-winning race car driver Cristiano da Matta didn't mind waiting another two days before his highly anticipated return to competitive driving in a test with GAINSCO/Bob Stallin ... Continue reading
The Thunder Roars On ARCA Thunder Tonight!
CHICAGO, Illinois (March 25, 2008) - - You can substitute engines for thunder. And those engines fired this past weekend at Rockingham Speedway as several ARCA RE/MAX Series drivers and teams tackled the one-mile speedway in preparation for the Carolina 500K on May 4th. The ARCA Thunder crew presented by Rockingham Spe ... Continue reading
A1GP World Cup of Motorsport Regent Street Pit Stop
Ahead of the season finale at Brands Hatch on 2 - 4 May, A1GP World Cup of Motorsport will make a pit stop in London's West End on Sunday 27 April. Lower Regent Street in London will be transformed into an A1GP grid with all 22 nations' single-seat race cars lining up. Visitors to one of London most iconic streets will ... Continue reading
Original Wood Brothers Purolator Mercury on Display at Wood Brothers Museum
Stuart, VA (March 25, 2008)- The Wood Brothers Racing original 1971 #21 Purolator Mercury driven by David Pearson has been brought home to Stuart, Virginia where it will be on display at the Wood Brothers Racing museum beginning this week. The legendary race car is in fact, the same machine that David Pearson won his f ... Continue reading
Danica Patrick, #7 Motorola Dallara/Honda/Firestone "I am really excited for the season to start and even more excited to race at Homestead, especially after how well we tested back in February. As a driver both on and off the track, I am more comfortable and more confident. I think that with the unification the field ... Continue reading
Grand-Am Adds David Spitzer as Vice President of Competition
DAYTONA BEACH, Fla. (March 25, 2008) â Grand-Am announced today the hiring of David Spitzer as the Vice President of Competition. Spitzer will oversee all aspects of the Grand-Am competition department, including the Grand-Am Rolex Sports Car Series presented by Crown Royal Cask No. 16 and the Grand-Am KONI Challe ... Continue reading
AllstateGarage.com Helps Bikers Get Out of the Garage and Onto the Road
NORTHBROOK, Ill.--The Tail of the Dragon has 318 twists and turns in just 11 miles, making it one of the most famous and challenging motorcycle rides in the United States. Straddling the North Carolina/Tennessee state line for more than 30 miles, this route takes riders into the crisp mountain air of the Great Smoky Mo ... Continue reading
The Car That Put the World on Wheels Ford Model T
Ford Model T The Car That Put the World on Wheels By Lindsay Brooke, in cooperation with The Henry Ford Museum The story of Ford Motor Companyâs Model T is the story that launched the American automobile industry--and Americaâs love affair with the car. When he introduced the Model T in 1908, even an eternal ... Continue reading
Scania Publishes Annual Report for 2007
STOCKHOLM, Sweden--Regulatory News: Scaniaâs (STO:SCVA) (STO:SCVB) complete Annual Report for 2007, in both Swedish and English, is being published today at www.scania.com on the Internet. Distribution of the printed version has started. Scaniaâs Annual General Meeting (AGM) will be held on 5 May 2008. The in ... Continue reading
Bangalore Orders 240 City Buses from Volvo
STOCKHOLM, Sweden--Regulatory News: Volvo (STO:VOLVA) (STO:VOLVB): Volvo Buses has received an order for an additional 240 city buses to Bangalore, India. The 70 Volvo buses already in traffic in the city have enticed many inhabitants to park their cars and take the bus instead. Many global companies have chosen to sta ... Continue reading
Top Auto Designers Offer an Insiders' Look Into the Design Process
LOS ANGELES, March 25 -- The Motor Press Guild (MPG), America's largest professional automotive media association, announces an impressive group of leaders from the top U.S. automotive design schools, moderated by Eric Noble of The CARLAB, will participate in a panel discussion at the organization's April 1 meeting. Gu ... Continue reading
Harley-Davidson Museum Rolls out Invitation to Adventure
MILWAUKEE--Harley-Davidson is inviting people worldwide to become a part of the Harley-Davidson Museum family through its new Membership program. Opening its doors in July 2008, the Harley-Davidson Museum is offering several membership levels, and those who join the Museum by June 1, 2008 will be invited to a pre-grand ... Continue reading
4th Quarter Revenue Grew 36% YoY And net Income Expanded by 52% WUHAN, Hubei, China, March 25 /Xinhua-PRNewswire-FirstCall/ -- China Automotive Systems, Inc. , a leading power steering components and systems supplier in China, today announced 2007 fourth quarter and year financial results for the period ended December ... Continue reading
27% Fuel Savings Projected as 2/4-stroke Research Prototype Engine Completes Initial Testing
VAN BUREN TWP., Mich., March 25 -- Ricardo and a consortium of automotive partners today announced the completion of an advanced prototype research program based on the highly innovative 2/4SIGHT engine concept. This gasoline engine concept uses novel combustion, boosting, control and valve actuation technologies to en ... Continue reading
Zipcar Launches in Philadelphia!
Zipcar Completes Merger, Brings Cars on Demand to Philadelphia Residents and Businesses PHILADELPHIA, March 25 -- Zipcar, the world's largest car sharing company, today announced the launch of its service in Philadelphia. The news comes as Zipcar has successfully completed integration with Flexcar, following its Octobe ... Continue reading
ATC-Onlane Announces Name Change to OPENLANE
MENLO PARK, Calif.--ATC-Onlane, Inc., the leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles, today announced that the Companyâs shareholders and board of directors approved a company name change to OPENLANE, Inc. effective immediately. This new corporate iden ... Continue reading
ECOtality’s eTec to Conduct Testing of Chevrolet Tahoe Hybrid Electric Vehicles
SCOTTSDALE, Ariz.--Electric Transportation Engineering Corporation (eTec), a wholly owned subsidiary of ECOtality, Inc. (OTCBB:ETLY), a renewable energy company that acquires and commercially advances clean electric technologies and applications, today announced it will conduct baseline and fleet testing on two 2008 Ch ... Continue reading
Ford Motor Company - March U.S. Sales Conference Call
DEARBORN, Mich., March 25 -- You are invited to participate in Ford Motor Company's March U.S. sales conference call hosted by George Pipas, U.S. Sales Analysis Manager. The conference call will begin at 1:00 p.m. (ET) on Tuesday, April 1, 2008 and last 45 minutes. To access the call, please dial 800-299-0433 about 10 ... Continue reading
ThriftyCarSales.com Traffic Quadruples With Site Upgrade
TULSA, Okla., March 25 -- Thrifty Car Sales, a subsidiary of Dollar Thrifty Automotive Group, Inc. , has seen significant increases in traffic -- in fact, it's nearly quadrupled -- since enhancements were made to its ThriftyCarSales.com website. Launched Dec. 14, 2007, the newly-configured site has seen explosive growt ... Continue reading
BorgWarner Breaks Ground for Turbocharger Operation in Poland
BorgWarner to Build 24th Production Plant in Europe AUBURN HILLS, Mich., March 25 -- BorgWarner broke ground for a new production facility in Rzeszow, Poland, where it plans to produce an initial 500,000 turbochargers for European car makers beginning in 2009, with expansion in the next two years to produce up to two m ... Continue reading
Argonne, DOT Open Transportation Research, Computing Center
Computer simulations of traffic jams, stresses on infrastructure, vehicle crash tests possible ARGONNE, Ill., March 25 -- The U.S. Department of Energy's (DOE) Argonne National Laboratory, in cooperation with the U.S. Department of Transportation's (DOT) Research and Innovative Technology Administration, has announced ... Continue reading
New AutoUSA.com Consumer Site Goes Green
FORT LAUDERDALE, Fla.--AutoUSA today announced its popular consumer vehicle site, AutoUSA.com, is âgoing green.â Visitors to the site will now be able to search for new autos by fuel economy and green ratings, in addition to make, model, body style, class and price. Car buyers will also have access to a devel ... Continue reading
AT&T, Clemson University Celebrate CU-ICAR Collaboration
Clemson announces AT&T Auditorium CLEMSON, S.C., March 25 -- Clemson University today announced a multi-year collaboration with AT&T at the Greenville-based Clemson University International Center for Automotive Research (CU-ICAR). The partnership represents an investment by AT&T Inc. of more than $2.4 million in the u ... Continue reading
Nederman: New Acquisition Strengthens Nederman's Market Presence within the Vehicle Workshop Segment
STOCKHOLM, Sweden--Regulatory News: Nederman (STO:NMAN) have acquired the automotive part of Assalub, a company that amongst other things manufactures and markets equipment for the effective handling of lubricants. Through the acquisition, Nederman strengthens its market presence within vehicle workshops, which are one ... Continue reading
OneCommand Becomes Corporate Sponsor of National Association of Minority Automobile Dealers
CINCINNATI--OneCommand, (www.CallCommand.com/One), formerly known as CallCommand, today announced that it has become a corporate sponsor of the National Association of Minority Automobile Dealers (NAMAD). Founded in 1980, NAMAD has more than 650 member dealers and is committed to increasing opportunities for ethnic min ... Continue reading
AppOne and Payless Car Sales Form Strategic Alliance
BATON ROUGE, La.--AppOne, a part of Wolters Kluwer Financial Services, and Payless Car Sales, Inc. today announced a strategic alliance to provide Payless Car Sales dealers access to the AppOne platform, the leading Internet-based risk mitigation tool for independent auto dealers. The AppOne platform provides Payless d ... Continue reading
State Farm Gives $20,000 Gift to AGRSS Council
GLEN ELLYN, Ill., March 25 /PRNewswire-USNewswire/ -- State Farm Insurance has provided a monetary gift of $20,000 to the Automotive Glass Replacement Safety Standards (AGRSS) Council Inc. for use in developing its Consumer Awareness Program. "State Farm's support of AGRSS, through their time and monetary commitment, m ... Continue reading
ZAP Electric Car 'Making History, Not Hype' Says Popular Mechanics
SANTA ROSA, Calif., March 25 -- It seems like every car company under the sun is jumping on the electric car bandwagon (let's hope the bandwagon doesn't use gas) and it's easy to get caught up in the green car excitement with all the futuristic prototypes being unveiled. But if you want to buy an electric car today, Po ... Continue reading
Ford Craiova takes its place in the Ford Motor Company manufacturing plant network
Ford Motor Company today became the majority owner of the former Automobile Craiova vehicle manufacturing complex in Romania. At a ceremony in the plant, the documents completing the sale were signed by the chief negotiators for each side - Mr. Sebastian Vladescu, President of the privatisation committee for Automobile ... Continue reading
Tesla Motors Speaks Out Against CARB Proposal to Weaken Zero Emissions Mandate
SAN CARLOS, Calif.--On March 27, 2008 the California Air Resources Board (CARB) will meet in Sacramento to review the recently proposed changes to the California Zero Emissions Vehicle (ZEV) Regulation as reflected in the staffâs Initial Statement of Reasons (ISOR) dated February 8, 2008. If adopted as proposed, k ... Continue reading
Timken Announces Changes to Growth and Innovation Leadership Team
CANTON, Ohio--The Timken Company today announced a reorganization of the innovation and growth function at the company. This organizational change, which will help streamline strategic planning and innovation processes, will take effect March 31. âCreating customer value through innovation has always been the life ... Continue reading
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