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July 2008

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Friday, July 25, 2008

Caddell Leads Opening MX-5 Cup Practice at Portland

Caddell Leads Opening MX-5 Cup Practice at Portland

PORTLAND, Ore. (July 25, 2008) – Defending race winner Andrew Caddell, of Graham, Wash., led the first of two practice sessions for Round Three of the SCCA Pro Racing Playboy Mazda MX-5 Cup, part of the Mazda Grand Prix of Portland. Brad Rampelberg, of San Jose, Calif., and Portland’s own Brad McAllister, wer ... Continue reading

A Look Back In Talladega Superspeedway History The First Champ - Ken Rush

A Look Back In Talladega Superspeedway History The First Champ - Ken Rush

TALLADEGA, Ala. – The history of every great racetrack begins with its first champion. While others may reach victory lane more times or earn bigger paychecks, one will always be the envy of other drivers because they were the first. For Talladega Superspeedway, Ken Rush is the original. Prior to the first Tallade ... Continue reading

Honda's Profit Grows in April-June - All-time 1st Quarter Record

Honda's Profit Grows in April-June - All-time 1st Quarter Record

Tokyo, July 25, 2008; Jiji Press reported that Honda Motor Co. on Friday reported earnings growth for April-June, weathering the negative effects of the yen's rise against the dollar and higher materials prices. Consolidated net profit rose 8.1 pct from a year before to 179,611 million yen, a record high for the fiscal ... Continue reading

ArvinMeritor Declares Quarterly Dividend on Common Stock

ArvinMeritor Declares Quarterly Dividend on Common Stock

TROY, Mich., July 25 -- The ArvinMeritor, Inc. Board of Directors at a meeting held on July 25, 2008, at its corporate headquarters in Troy, Mich., declared a quarterly dividend of 10 cents ($0.10) per share on the common stock of ArvinMeritor, with a record date of Aug. 18, 2008 and a payment date of Sept. 8, 2008. Ab ... Continue reading

2008 Cadillac CTS V6 DI Performance Sedan Review

2008 Cadillac CTS V6 DI Performance Sedan Review

By Mark Gordon Rocky Mountain Editor The Auto Channel When reading a review the reader has to be aware of so many things. Don’t take it for granted that what you are reading is the natural truth. There is no such thing. Every reviewer comes at a car with a flock of biases and pre-judgements. This doesn’t mean ... Continue reading

2008 Land Rover LR2 Review

2008 Land Rover LR2 Review

THE AUTO PAGE by JOHN HEILIG Model: Land Rover LR2 Engine: 3.2-liter DOHC inline 6 Horsepower/Torque: 230 hp/234 lb.-ft. Transmission: 6-speed automatic Wheelbase: 104.7 in. Length x Width x Height: 177.1 x 85.7 x 68.5 in. Tires: 235/55 VR19 Cargo volume: 58.9 cu. ft. ... Continue reading

CarMax Says Online Searches Rise for Fuel-Efficient Cars

CarMax Says Online Searches Rise for Fuel-Efficient Cars

RICHMOND, Va., July 25 -- CarMax, Inc. the nation's largest retailer of used cars, reports that searches on carmax.com for smaller, more fuel-efficient vehicles increased in June. According to carmax.com, search frequency rankings for several vehicles with higher estimated miles per gallon (mpg) have increased. -- The ... Continue reading

Lexus Announces Price Changes on Four Models

Lexus Announces Price Changes on Four Models

TORRANCE, Calif., July 25 -- Lexus announced manufacturer's suggested retail prices (MSRP) today for the 2009 SC 430 luxury hardtop convertible, LX 570 premium luxury utility vehicle, GX 470 luxury utility vehicle, and the current RX 400h hybrid luxury utility vehicle. The 2009 model year SC 430 luxury hardtop converti ... Continue reading

GMAC Financial Services' SmartEdge Adds Insurance, Banking to Curriculum

GMAC Financial Services' SmartEdge Adds Insurance, Banking to Curriculum

Web site redesigned and updated to reflect new content DETROIT, July 25 -- GMAC Financial Services has expanded its financial literacy program, SmartEdge, to now include curriculum on insurance and banking. SmartEdge, which reached more than one million people in 2007 with its automotive finance and mortgage curriculum ... Continue reading

Wonder Auto Technology to Announce 2008 Second Quarter Financial Results on August 7

Wonder Auto Technology to Announce 2008 Second Quarter Financial Results on August 7

JINZHOU CITY, Liaoning, China, July 25 /Xinhua-PRNewswire-FirstCall/ -- Wonder Auto Technology, Inc. ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical and suspension parts in China, today announced that it will report financial results for the 2008 second quarter ended June 30, 2008, bef ... Continue reading

Noble to Host Second Quarter 2008 Earnings Conference Call

Noble to Host Second Quarter 2008 Earnings Conference Call

TROY, Mich., July 25 -- Noble International, Ltd. ("Noble" or the "Company") plans to release its operating results for the quarter ended June 30, 2008, after the closing of the stock market on Wednesday, August 6, 2008. Noble will also host a conference call to discuss its operating results on Thursday, August 7, 2008 ... Continue reading

2008 BMW 328i Convertible Review

2008 BMW 328i Convertible Review

THE AUTO PAGE by JOHN HEILIG SPECIFICATIONS 2008 BMW 328i Convertible Model: BMW 328i convertible Engine: 3.0-liter DOHC inline six Horsepower/Torque: 230 hp/200 lb.-ft. Transmission: 6-speed manual Wheelbase: 108.7 in. Length x Width x Height: 180.6 x 70.2 x 54.5 in. Tires: P255/35R18 Cargo volume: 9.0 cu. ft. ... Continue reading

Goodwood Announces An Alternative Motor Show At The Revival As Earls Court Re-Opens Its Doors

Goodwood Announces An Alternative Motor Show At The Revival As Earls Court Re-Opens Its Doors

As the bi-annual British Motor Show opens its doors to the public at Excel in London's Docklands, Goodwood announces today (25 July) the recreation of the classic London Motor Show, as held immediately post-War at Earls Court. Goodwood's Earls Court facility will add an exciting new element to the annual Goodwood Reviv ... Continue reading

INDYCAR - EDMONTON PRACTICE RESULTS

INDYCAR - EDMONTON PRACTICE RESULTS

EDMONTON, Alberta, Canada - Practice Thursday for the Rexall Edmonton Indy IndyCar Series event on the 1.973-mile Edmonton City Centre Airport, with position, car number in parentheses, driver, chassis-engine and speed: <p> 1. (8) Will Power, Dallara-Honda, 113.936<br> 2. (5) Oriol Servia, Dallara-Honda, 113.845<br> 3. ... Continue reading

Toyota and Scion Announce Prices on Select 2009 Models

Toyota and Scion Announce Prices on Select 2009 Models

TORRANCE, Calif., July 25 -- Toyota Motor Sales (TMS), U.S.A., Inc., announced new manufacturer's suggested retail prices (MSRP) today for 13 select 2009 Toyota and Scion vehicles. The overall average MSRP for the 13 models increases by $181, or 0.81 percent. Toyota The 2009 Avalon full-size sedan adds to its value wit ... Continue reading

Office Depot Inks Deal to be Official NASCAR Partner

Office Depot Inks Deal to be Official NASCAR Partner

CONTACT: Mindy Kramer Lisa Schmitz Office Depot Edelman 561-438-4276 312-240-2604 mindy.kramer@officedepot.com lisa.schmitz@edelman.com OFFICE DEPOT INKS DEAL TO BE OFFICIAL NASCAR(r) PARTNER NASCAR Sponsorship Driven By Office Depot's Focus On Small Business Delray Beach, Fla., July 25, 2008 - Office Depot(r) , a lead ... Continue reading

Peugeot Boxers Bloom In The Parks of Eastbourne

Peugeot Boxers Bloom In The Parks of Eastbourne

Six Peugeot Boxer 335 120 Chassis Cabs fitted with aluminium drop-side tipper bodies have been drafted in to keep the parks and gardens of Eastbourne in tip-top condition. ... Continue reading

Double Environmental Honours for Citroen at What Car? Green Awards

Double Environmental Honours for Citroen at What Car? Green Awards

Citroen has picked up even more accolades for its environmental credentials after winning two honours at the inaugural What Car? Green Awards. The family-friendly Grand C4 Picasso received the "Green MPV of the Year" award whilst the new executive C5 was named "Green Family Car of the Year." ... Continue reading

F3 Star Puts pro_cee'd Through Its Paces

F3 Star Puts pro_cee'd Through Its Paces

Rapidly rising F3 star Alex Waters has swapped his single-seater for the style and practicality of a Kia pro_cee'd when he is away from the track. Normally used to the extreme speed and handling of an F3 car, Alex has been overwhelmed by the performance on his new 2.0-litre CRDi pro_cee'd Sport. "I had never been behin ... Continue reading

New Websites Spearhead Jaguar Land Rover Apprentice Recruitment Drive

New Websites Spearhead Jaguar Land Rover Apprentice Recruitment Drive

Jaguar Land Rover has launched dedicated apprentice websites to help its dealer network recruit a record number of apprentices in 2008/2009. Jointly, the two iconic British motoring brands already operate one of the largest and most successful apprentice programmes in the UK automotive retail sector. Over the past deca ... Continue reading

POWER, SERVIA TOP PRACTICE AT EDMONTON

POWER, SERVIA TOP PRACTICE AT EDMONTON

EDMONTON, Alberta, Thursday, – KV Racing Technology teammates Will Power and Oriol Servia swept the top two spots in the first day of practice for the Rexall Edmonton Indy. Although it’s the IndyCar Series first visit to the 14-turn, 1.96-mile street circuit, eight drivers, including Power and Servia, compete ... Continue reading

SHB 4x4 Group Keeps the summer music festivals rocking and rolling

SHB 4x4 Group Keeps the summer music festivals rocking and rolling

SHB 4x4, the leading four wheel drive leasing and rental company, celebrated more than two decades keeping the Glastonbury Festival rocking and rolling this year by supplying more than 200 Land Rover Defenders and Toyota Hilux vehicles to the event. ... Continue reading

Office Depot and Old Spice to Serve as Co-Primary Sponsors for Stewart

Office Depot and Old Spice to Serve as Co-Primary Sponsors for Stewart

INDIANAPOLIS (July 25, 2008) – Office Depot and Old Spice will serve as co-primary sponsors of Tony Stewart’s No. 14 Chevrolet Impala SS NASCAR Sprint Cup Series entry beginning in 2009. Officials from the two companies, as well as from Stewart-Haas Racing, made the announcement today near Indianapolis Motor ... Continue reading

Federal-Mogul Net Income Soars to $90 Million on Record Quarterly Sales

Federal-Mogul Net Income Soars to $90 Million on Record Quarterly Sales

Net income of $90 million in Q2 2008 up from $4 million in Q2 2007 Record net sales of $2 billion and eighth consecutive quarter of year-over- year growth SOUTHFIELD, Mich., July 25 -- Federal-Mogul Corporation today reported record second quarter sales of $2 billion and an eighth consecutive quarter of year-over-year ... Continue reading

American Axle & Manufacturing Reports Second Quarter 2008 Financial Results

American Axle & Manufacturing Reports Second Quarter 2008 Financial Results

DETROIT, July 25 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today reported its financial results for the second quarter of 2008. Second Quarter 2008 results -- Second quarter sales of $490.5 million -- Net loss of $644.3 million, or $12.49 per share -- AAM's quarterly res ... Continue reading

Ford Motor Company - July U.S. Sales Conference Call

Ford Motor Company - July U.S. Sales Conference Call

You are invited to participate in Ford Motor Company's July 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 Friday, August 1, 2008 and last 45 minutes. To access the call, please dial 800-299-0433 about 10 minutes prior to the start tim ... Continue reading

Honda Motor Co., Ltd. Reports Consolidated Financial Results for the Fiscal First Quarter Ended June 30, 2008

Honda Motor Co., Ltd. Reports Consolidated Financial Results for the Fiscal First Quarter Ended June 30, 2008

TOKYO, July 25 -- Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal first quarter ended June 30, 2008. First Quarter Results Honda's consolidated net income for the fiscal first quarter ended June 30, 2008 totaled JPY 179.6 billion (USD 1,688 million), an increase of 8.1% from the ... Continue reading

BMW of North America Appoints New Executive Vice President of Operations

BMW of North America Appoints New Executive Vice President of Operations

WOODCLIFF LAKE, N.J., July 25 -- BMW of North America, LLC, the U.S. division of the German manufacturer of premium vehicles and motorcycles, today announced the appointment of Peter Miles to the position of Executive Vice President of Operations, effective September 1st, 2008. Miles replaces Howard Mosher who retired ... Continue reading

Celebrating 60 Xears of Jaguar XK

Celebrating 60 Xears of Jaguar XK

Jaguar created what would become one of the most famous badges in the world, as the all-new and highly advanced XK engine made its debut in the revered XK120 sports car. To mark this milestone the Jaguar XK Club in conjunction with the Jaguar Enthusiasts' Club have arranged a series of fantastic events that will culmin ... Continue reading

Rush To Take Up Mazda's Zoom-Zoom Challenge

Rush To Take Up Mazda's Zoom-Zoom Challenge

The innovative and exciting 'Mazda Zoom-Zoom Challenge' at the British International Motor Show is already proving hugely popular with show visitors. The Challenge allows members of the public to get behind the wheel of the iconic Mazda MX-5 sports car and all-new Mazda2 3dr supermini, to experience their spirited hand ... Continue reading

Pirelli and CyOptics Launch an Integrated Photonics Alliance

Pirelli and CyOptics Launch an Integrated Photonics Alliance

The Pirelli Group and CyOptics, Inc. announce the formation of a strategic alliance in integrated photonics. The combined business will be one of the strongest in the optoelectronics industry, bringing together an unparalleled set of technologies addressing the future needs of telecommunication networks. ... Continue reading

Fiat Launches £50,000 Design Competition

Fiat Launches £50,000 Design Competition

An exciting nationwide design competition to find fun new ways to travel has been announced by Fiat Group Automobiles UK, starting today. The contest, called the Smiles Per Hour Design Competition, is a UK-wide search for budding inventors of tomorrow to create interesting and amusing ways to enjoy a journey. And there ... Continue reading

Renault Europe Management Committee

Renault Europe Management Committee

As of September 1st, 2008, the France Management Committee and the Europe Management Committee will be combined into a single committee called the Europe Management Committee. ... Continue reading

Audi Group Interim Financial Report: Record Sales, Revenue and Profit

Audi Group Interim Financial Report: Record Sales, Revenue and Profit

Setting new highs in vehicle sales, revenue and profit in the first half of the 2008 fiscal year, Audi is on its way to another record year. In spite of a difficult environment, such as soaring raw materials prices, weak currencies in major markets and globally weakening economic dynamics, the company succeeded in agai ... Continue reading

Louisville, KY Ford Plants to Shift Production

Louisville, KY Ford Plants to Shift Production

1 Louisville Ford plant will switch from SUVs to small cars; 1 gets SUVs from Michigan plant LOUISVILLE, Ky. July 24, 2008; Brett Barrouquere writing for the AP reported that Ford Motor Co. is going down the road ahead with Kentucky. The automaker announced on Thursday that the Louisville Assembly Plant, which makes th ... Continue reading

AAA-Texas: Texas Gasoline Prices Drop Seven Cents a Gallon in One Week; Mirroring Significant National Downward Trend

AAA-Texas: Texas Gasoline Prices Drop Seven Cents a Gallon in One Week; Mirroring Significant National Downward Trend

IRVING, TX Jul 24, 2008; -- After increasing steadily since spring, gasoline prices nationally and in Texas rapidly moved downward as the price of crude oil has fallen by about $20.00 a barrel or 14% since the July 7th peak of $145.29. The average price for a gallon of gas in Texas now costs a fraction below $3.92. Jus ... Continue reading

Highlights of Ford's "Moving Forward" Product Plans

Highlights of Ford's "Moving Forward" Product Plans

Dearborn MI July 24, 2008; Poornima Gupta writing for Reuters eported that Ford announced a number of product initiatives on Thursday to realign its vehicle line-up as the company posted a record $8.7 billion second-quarter loss. Following are the highlights of the plan. * Add six European small vehicles to North Ameri ... Continue reading

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