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April 2007

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Thursday, April 26, 2007

Hybrid Vehicle Owners across America are Pumped Up over Hybridfest 2007

Hybrid Vehicle Owners across America are Pumped Up over Hybridfest 2007

Hybrid Vehicle Owners across America are Pumped Up over Hybridfest 2007 2nd Annual Hybrid Electric Car Show Expands Following 2006 Success Madison, WI-On the heels of its inaugural year success, Hybridfest, Inc. announces that Hybridfest 2007 will expand this year to two full days, July 21-22, 2007. The Midwest's large ... Continue reading

CCID Consulting Says China's Auto Leasing Industry is Still Facing Development Bottlenecks

CCID Consulting Says China's Auto Leasing Industry is Still Facing Development Bottlenecks

BEIJING, April 26 /Xinhua-PRNewswire/ -- In 1990, the auto leasing industry started to develop slowly in China. In 2000, it entered a stage of rather fast development. By 2006, the number of vehicles for leasing in China approached 100,000, with a business turnover of almost 10 billion Yuan. However, CCID Consulting, C ... Continue reading

Ford Motor Credit Earns $193 Million in the First Quarter*

Ford Motor Credit Earns $193 Million in the First Quarter*

DEARBORN, Mich., April 26 -- Ford Motor Credit Company reported net income of $193 million in the first quarter of 2007, down $55 million from earnings of $248 million a year earlier. On a pre-tax basis from continuing operations, Ford Motor Credit earned $294 million in the first quarter, compared with $382 million in ... Continue reading

SCCA (GEORGIA) - Cross Fastest in Wet Morning MX-5 Cup Practice at Road Atlanta

SCCA (GEORGIA) - Cross Fastest in Wet Morning MX-5 Cup Practice at Road Atlanta

Matt Cross, of Folsom, Calif., paced a damp morning practice for Round Two of the SCCA Pro Racing SIRIUS Satellite Radio Mazda MX-5 Cup, part of the 30th Anniversary Walter Mitty Challenge at Road Atlanta. Andrew Caddell, of Graham, Wash., and Andrew Carbonell, of Miami, Fla., were second and third fastest respectively ... Continue reading

INDYCAR (KANSAS) - ANDRETTI PREVIEW

INDYCAR (KANSAS) - ANDRETTI PREVIEW

NYSE Driver Marco Andretti 2007 Kansas Lottery Indy 300 Fact Sheet Who: #26 NYSE Dallara/Honda/Firestone driver Marco Andretti What: Kansas Lottery Indy 300, Round 4 of the 2007 IndyCarR Series Where: Kansas Speedway, Kansas City, Kan. When: Sunday, April 29, 2007 Television: ESPN2, 4:30 p.m. (EDT) Marco Andretti on th ... Continue reading

INDYCAR (KANSAS) - PATRICK PREVIEW

INDYCAR (KANSAS) - PATRICK PREVIEW

Motorola Driver Danica Patrick 2007 Kansas Lottery Indy 300 Fact Sheet Who: #7 Motorola Dallara/Honda/Firestone driver Danica Patrick What: Kansas Lottery Indy 300, Round 4 of the 2007 IndyCarR Series Where: Kansas Speedway, Kansas City, Kansas When: Sunday, April 29, 2007 Television: ESPN2, 4:30 p.m. (EDT) Danica Patr ... Continue reading

INDYCAR (KANSAS) - FRANCHITTI PREVIEW

INDYCAR (KANSAS) - FRANCHITTI PREVIEW

Canadian Club Driver Dario Franchitti 2007 Kansas Lottery Indy 300 Fact Sheet Who: #27 Canadian Club Dallara/Honda/Firestone driver Dario Franchitti What: Kansas Lottery Indy 300, Round 4 of the 2007 IndyCarR Series Where: Kansas Speedway, Kansas City, Kansas When: Sunday, April 29, 2007 Television: ESPN2, 4:30 p.m. (E ... Continue reading

NHRA (ATLANTA) - Ashley looking to Add to list of firsts...

NHRA (ATLANTA) - Ashley looking to Add to list of firsts...

Driving the world¹s fastest nitro Funny Car, New York native Mike Ashley will pilot the Torco Race Fuels, Inc. Dodge Charger into competition this weekend at the Summit Racing Equipment NHRA Southern Nationals at Atlanta Dragway as he hopes to cap a slew of firsts with his first nitro Funny Car win. Ashley went into e ... Continue reading

NASCAR NNCS - CURRENT STANDINGS

NASCAR NNCS - CURRENT STANDINGS

<p>To review the current standings please click <a href="http://www.theautochannel.com/link.html?http://www.nascar.co m/races/cup/2007/data/standings_official.html/"> HERE. ... Continue reading

RACING VENUES (DOVER) - QUARTERLY RESULTS

RACING VENUES (DOVER) - QUARTERLY RESULTS

<p>Our net loss for the quarter ended March 31, 2007 was $3,560,000 or $.10 per diluted share compared with $4,393,000 or $.12 per diluted share for the compared period of the prior year.</p> <p>The Company historically reports a loss in the first quarter due to the seasonality of the motorsports business. No major mot ... Continue reading

NASCAR BCS - CURRENT STANDINGS

NASCAR BCS - CURRENT STANDINGS

To review the current standings please click <a href="http://www.theautochannel.com/link.html?http://www.nascar.co m/races/bg/2007/data/standings_official.html"> HERE. ... Continue reading

Ford Beats Wall Street Expectations - Net Loss "Only" $282 Million

Ford Beats Wall Street Expectations - Net Loss "Only" $282 Million

By DETROIT, April 26, 2007; Poornima Gupta writing for Reuters reported that Ford Motor Co. posted better-than-expected results on Thursday, helped by cost-cutting and improved results from its European and luxury vehicle operations, sending shares up 5 percent in early trading. Ford, which is in the midst of closing 1 ... Continue reading

USAC (INDIANAPOLIS) - WINDOM FEATURE

USAC (INDIANAPOLIS) - WINDOM FEATURE

Chris Windom, just 16 years old and one of the best young prospects on the USAC trail, has a few Midwest sprint car races under his belt and the beginning-of-the-season jitters are now past news. With a productive week of racing producing a competitive start to Chris' season, he and his Windom Motor Sports crew are hea ... Continue reading

Nominees for Ward's Auto Interior of the Year Awards

Nominees for Ward's Auto Interior of the Year Awards

NEW YORK--Penton Media’s Ward’s AutoWorld® magazine has selected 34 outstanding vehicle interiors from 11 manufacturers as nominees for top honors in the annual “Ward’s Interior of the Year” awards program. The prestigious awards program is part of the Ward’s Auto Interiors Show, being ... Continue reading

BorgWarner Reports Record Sales in the First Quarter 2007

BorgWarner Reports Record Sales in the First Quarter 2007

2006 NORTH AMERICAN RESTRUCTURING ACTIVITIES YIELD RESULTS EARNINGS IMPACTED BY $0.17 PER DILUTED SHARE WARRANTY-RELATED CHARGE AUBURN HILLS, Mich., April 26 -- BorgWarner Inc. today reported mixed results for the first quarter of 2007. The powertrain systems supplier delivered sales growth that outpaced the industry's ... Continue reading

Ituran Location & Control Ltd. Acquires Mapa Group for $9.9 Million

Ituran Location & Control Ltd. Acquires Mapa Group for $9.9 Million

Mapa Group is the Largest Provider of Geographic Information (GIS) in Israel AZOUR, Israel, April 26 -- Ituran Location & Control Ltd. (the "Company") has announced that today the Company entered into an agreement with the shareholders of Mapa (the "Mapa Group"). Pursuant to the agreement, the Company will purchase the ... Continue reading

AutoNation Reports First-Quarter 2007 Earnings

AutoNation Reports First-Quarter 2007 Earnings

- Board authorized additional share repurchases of $500 million FORT LAUDERDALE, Fla., April 26 -- AutoNation, Inc. America's largest automotive retailer, today reported earnings from continuing operations of $0.39 per share compared to year-ago earnings from continuing operations of $0.37 per share, an increase of 5%. ... Continue reading

Monaco Coach Corporation Reports First Quarter Results

Monaco Coach Corporation Reports First Quarter Results

COBURG, Ore., April 26 -- Monaco Coach Corporation , one of the nation's leading manufacturers of recreational vehicles, today reported revenues and earnings for the first quarter ended March 31, 2007. (Logo: http://www.newscom.com/cgi-bin/prnh/19991018/MONACO ) First quarter 2007 revenues were $322.2 million, down 16. ... Continue reading

NHRA (ATLANTA) - JEG COUGHLIN PREVIEW

NHRA (ATLANTA) - JEG COUGHLIN PREVIEW

Jeg Coughlin Jr. arguably has the best car on the NHRA tour at the moment, having piloted his Slammers Ultimate Milk/JEGS.com Chevrolet Cobalt to back-to-back low qualifying efforts in Houston and Las Vegas. Although he has just 10 No. 1 qualifier plaques on his mantle after 195 career starts, this is actually the seco ... Continue reading

ALMS (MID-OHIO) - MID-OHIO TIRE TESTING ON TAP FOR KUMHO-SHOD TEAMS

ALMS (MID-OHIO) - MID-OHIO TIRE TESTING ON TAP FOR KUMHO-SHOD TEAMS

Intersport Racing will test a new batch of tire compounds and constructions from Kumho at a Mid-Ohio test next month. Click here for Hi-Res Intersport Racing and B-K Motorsports aren't taking much of a break with a one-day tire test scheduled early next month at Mid-Ohio with tire partner Kumho. The two prototype teams ... Continue reading

Toyota Produces Brand-New Corolla ZR Engine in TEDA

Toyota Produces Brand-New Corolla ZR Engine in TEDA

TIANJIN, China, April 26 /Xinhua-PRNewswire/ -- Tianjin Economic- Technological Development Area (TEDA) announced today that the brand-new ZR engine from Toyota was off the production line at the second plant of Tianjin FAW Toyota Engine Co., Ltd. The engine, which meets the tail gas emissions set-out by the Euro III s ... Continue reading

INDYCAR (INDIANAPOLIS) - NEWS AND NOTES (April 25, 2007)

INDYCAR (INDIANAPOLIS) - NEWS AND NOTES (April 25, 2007)

1. AAMCO Transmissions Teams With IndyCar Series For Pole Award<P> 2. Unser joins Playa Del Racing for Freedom 100<P> <P> 1. AAMCO Transmissions Teams With IndyCar Series For Pole Award: AAMCO Transmissions will serve as the “Official Automotive Transmission Repair Company” of the IndyCar® Series, official ... Continue reading

NASCAR (TALLADEGA) - RESTRICTOR PREVIEW

NASCAR (TALLADEGA) - RESTRICTOR PREVIEW

DAYTONA BEACH, Fla. (April 25, 2007) – The old belief that in restrictor plate racing, it’s Hendrick Motorsports and Dale Earnhardt Inc. or bust might not be as true as it once was. Yes, the last two Talladega Superspeedway winners – Jimmie Johnson and Brian Vickers – were both Hendrick drivers at t ... Continue reading

ECD Ovonics' Battery Subsidiary Grants Patent License to G4 Synergetics

ECD Ovonics' Battery Subsidiary Grants Patent License to G4 Synergetics

ROCHESTER HILLS, Mich., April 26 -- Energy Conversion Devices, Inc. (ECD Ovonics) announced today that its subsidiary, Ovonic Battery Company, Inc. (Ovonic Battery), has entered into a patent license agreement with G4 Synergetics Incorporated (G4). G4 was granted a royalty-bearing, nonexclusive right to make, use and s ... Continue reading

Audi Executive Vice President, Johan de Nysschen to Speak at MPG May 1

Audi Executive Vice President, Johan de Nysschen to Speak at MPG May 1

LOS ANGELES, April 25 -- On Tuesday, May 1, The Motor Press Guild (MPG), America's largest professional automotive media association, will feature Johan de Nysschen, executive vice president of Audi America. With more than 4,500 technology patents, including many available today across its 10-vehicle line, Audi is comm ... Continue reading

Cummins Filtration Honored with Engineering Merit Award from American Filtration & Separations Society

Cummins Filtration Honored with Engineering Merit Award from American Filtration & Separations Society

NASHVILLE, Tenn.--Cummins Filtration, the leader in filtration, exhaust, coolant and chemical technology for all engine-powered systems, announced that the company has been chosen to receive the prestigious Engineering Merit Award from the American Filtration & Separations Society (AFS) for its innovative Closed Crankc ... Continue reading

DENSO to Establish New Company in Hokkaido, Japan to Produce Automotive Semiconductor Products

DENSO to Establish New Company in Hokkaido, Japan to Produce Automotive Semiconductor Products

<http://www.japancorp.net> DENSO to Establish New Company in Hokkaido, Japan to Produce Automotive Semiconductor Products Kariya, Japan, Apr 26, 2007 - (JCN Newswire) - DENSO Corporation announced today that it will establish a new company in Chitose, Hokkaido, Japan to produce automotive semiconductor products. The ne ... Continue reading

DENSO Announces 2006 Year-end Financial Results

DENSO Announces 2006 Year-end Financial Results

<http://www.japancorp.net> DENSO Announces Year-end Financial Results; Net Sales, Operating Income and Net Income Hit Record Highs Kariya, Japan, Apr 26, 2007 - (JCN Newswire) - DENSO Corporation today announced global financial results for the fiscal year ended March 31, 2007. - Consolidated net sales totaled 3,609.7 ... Continue reading

Toyota to Continue Providing Residential Fuel Cell Cogeneration System for Government Project

Toyota to Continue Providing Residential Fuel Cell Cogeneration System for Government Project

<http://www.japancorp.net> Toyota to Continue Providing Residential Fuel Cell Cogeneration System for Government Project Tokyo, Japan, Apr 26, 2007 - (JCN Newswire) - Toyota Motor Corporation (TMC) announced today that it plans to continue providing its city-gas-powered 1-kW residential fuel cell cogeneration system to ... Continue reading

WWJ - VW - GEN Y

WWJ - VW - GEN Y

AUBURN HILLS, MI April 26, 2007; Volkswagen of America, Inc. is pleased to announce that it is considered among the "Top 12 Most-Respected Generation Y brands" according to a recent study by Outlaw Consulting, a San Francisco-based research firm that follows the habits of 21- to 27-year-olds. The list is published in t ... Continue reading

Carmakers Teaming Up with Navigation Services

Carmakers Teaming Up with Navigation Services

Washington DC April 25, 2007; The AIADA newsletter reported that General Motors' OnStar service is working with MapQuest to let drivers link their desktops with the blacktop. The Wall Street Journal reports that the expansion of OnStar's in-vehicle navigation system is designed to let subscribers plan their driving rou ... Continue reading

U.S. Cars Show No Fuel-Efficiency Gains in 2006

U.S. Cars Show No Fuel-Efficiency Gains in 2006

Washington DC April 24, 2007; The AIADA newsletter reported that the average fuel efficiency of U.S. cars and trucks sold in the 2006 model year showed no improvement from the year before at 25.4 miles per gallon, as increased sales of fuel-thirsty cars offset slightly more efficient trucks, according to federal data. ... Continue reading

07 Easter Jeep Safari Video Live on Truck World TV

07 Easter Jeep Safari Video Live on Truck World TV

FOR IMMEDIATE RELEASE Contact: Dan Sanchez 951-371-8366 X26 dan@tenmagazines.com A Thrilling Trail Ride Is A Click Away As Truck World TV Launches Its '07 Easter Jeep Safari Streaming Video Program CORONA, CA- Truck World TV launched its latest streaming video program, "2007 Easter Jeep Safari," which focuses on this a ... Continue reading

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