- The New Chrysler Lifetime Powertrain Warranty - the first from an OEM and the longest in the industry - is a statement of confidence in the reliability of Chrysler products - Warranty covers the cost of all parts and labor needed to repair covered powertrain components - engine, transmission and drive system - Provid ... Continue reading
Washington, DC â July 26, 2007 â The Level Field Institute, an automotive research organization founded by retired autoworkers, today launched an ad campaign that will examine the potential economic impact of competing CAFE bills. Todayâs ad highlights two lesser known provisions that could have a signif ... Continue reading
Fleets Invited to Attend Las Vegas Biofuels Forum
To view this email as a web page, please follow this link: <http://www.icebase.com/r.pl?PsNwVlIljH3aIzfq_10f5fc93a69734ad> AFVi Learning Marketplace Presents: Biofuels Drive Economic Solutions September 20, 2007 8:00 a.m. â 5:00 p.m. The Orleans, Las Vegas, Nevada Are you a fleet manager pondering joining the biof ... Continue reading
MILWAUKEE, July 26 -- Johnson Controls, Inc. Board of Directors today announced that Stephen A. Roell, executive vice president and vice chairman, has been elected chief executive officer effective October 1, 2007. He was also elected chairman of Johnson Controls' Board of Directors effective January 1, 2008. (Logo: ht ... Continue reading
Newest Oakland Area Clean Energy Public Access CNG Fueling Station Now Officially Open for Business
SEAL BEACH, Calif.--Drivers of vehicles powered by environmentally friendly compressed natural gas (CNG) fuel can now fill up anytime at a new public access station located in West Oakland, CA. Designed, built and maintained by Clean Energy , North Americaâs leader in clean transportation, the new station provides ... Continue reading
DENSO Announces First-quarter Financial Results
Global Consolidated Net Sales Rise 15 Percent KARIYA, Japan, July 26 -- DENSO Corporation today announced global financial results for the first quarter ended June 30, 2007: -- Consolidated net sales totaled 984.3 billion yen (US$8.0 billion), a 15 percent increase from the first quarter of last term. -- Consolidated o ... Continue reading
Japan Certifies Toyota Plug-in Hybrid for Public Road Tests - VIDEO ENHANCED
TOKYO - July 26, 2007: Toyota Motor Corporation announced yesterday that it has developed a plug-in hybrid vehicle and become the first manufacturer to have such a vehicle certified for use on public roads in Japan. The TOYOTA Plug-in HV â certified for public road-use by Japan's Ministry of Land, Infrastructure a ... Continue reading
Along with the freedom and excitement of receiving a driver's license, comes the serious responsibility of being a safe and educated driver. The sobering statistics on the number of teen drivers involved in traffic incidents has prompted the Sports Car Club of America to become a partner with The Tire Rack(r) Street Su ... Continue reading
NASCAR (DAYTONA) - Busch Series Crew Chiefs Fined For Violations At Gateway
NASCAR announced today that Doug Chouinard, crew chief of the No. 03 Toyota driven by Todd Bodine and Chuck Meyers, crew chief of the No. 1 Chevrolet driven by J.J. Yeley in the NASCAR Busch Series, have been fined due to rule violations at Gateway International Raceway. Chouinard was fined $5,000 for violating Section ... Continue reading
INDYCAR (INDIANAPOLIS) - SERIES NOTES
1. If you missed it: Tomas Scheckter and Chris Festa teleconference<P> 2. Castroneves gets taste of Raceway at Belle Isle<P> 3. Karting standout eyes Indy Pro Series<P> <P> 1. If you missed it: Tomas Scheckter and Chris Festa teleconference: IndyCar Series driver Tomas Scheckter and Indy Pro Series driver Chris Festa w ... Continue reading
Toyota Supplier To Locate in Mississippi
$180 million plant to employ 260 JACKSON, Miss., July 26 -- Governor Haley Barbour said today Toyota Auto Body Co., Ltd. (TAB) will build a $180 million plant in North Mississippi, becoming the first announced supplier to Toyota's new auto assembly plant in Blue Springs. TAB officials made the decision public in Japan ... Continue reading
Slaven Appointed General Manager, Marketing Services for Mercedes-Benz USA
MONTVALE, N.J., July 26 -- Mercedes-Benz USA (MBUSA) announced today the appointment of Drew Slaven to the new position of general manager, marketing services for MBUSA, effective immediately. (Logo: http://www.newscom.com/cgi-bin/prnh/20070709/NYM040LOGO ) Reporting to MBUSA's vice president of marketing, Steve Cannon ... Continue reading
Level Field Institute Begins Advertising Campaign on Fuel Economy Legislation
- Ad Asks Congress to Read the Fine Print of the Current Bills - Or Risk Sending Jobs Overseas - WASHINGTON, July 26 /PRNewswire-USNewswire/ -- The Level Field Institute, an automotive research organization founded by retired autoworkers, today launched an ad campaign that will examine the potential economic impact of ... Continue reading
U. S. Steel Announces Additional Appointments to Tubular Business Unit
DALLAS and PITTSBURGH, July 26 -- United States Steel Corporation today announced appointments within the operations organization of its tubular business unit. Michael R. Chaddick has been named general manager -- tubular services, joint ventures and president -- Star Energy Group; James R. Massimino has been promoted ... Continue reading
AUBURN CORD DUESENBERG MUSEUM . NEWS RELEASE - 7/26/2007 For Immediate Release July 2007 CONTACT: Gran Roberts Marketing Director (260) 925-1444 ext. 30 1938 DeSoto Custom Convertible Limousine to be Offered at Second Annual Auburn Cord Duesenberg Museum Benefit Extravaganza AUBURN - The Auburn Cord Duesenberg Museum h ... Continue reading
IRVINE, Calif.--Autobytel Inc. , a leading Internet automotive marketing services company, today announced that the company expects to release its 2007 second quarter financial results before the market opens on Wednesday, August 8, 2007. Autobytel management will also host a conference call that morning at 8:00 a.m. E ... Continue reading
Goodyear Reports Record Sales, Higher Earnings in Second Quarter
- Tire business sales increase $183 million on richer product mix, despite lower volume - Segment operating income from tire businesses up 32% - Capital structure initiatives moving forward as planned AKRON, Ohio, July 26 -- The Goodyear Tire & Rubber Company today reported record second quarter tire business sales of ... Continue reading
Tenneco Reports Strong Second Quarter Results
- Net income up 67%, EPS up 65% year-over-year - EBIT up 39%; EBITDA up 26% year-over-year - Record high quarterly revenue of $1.7 billion LAKE FOREST, Ill., July 26 -- Tenneco reported second quarter 2007 net income of $40 million, or 84-cents per diluted share, a significant increase from $24 million, or 51-cents per ... Continue reading
Approval Clears Way for Sale of BOOSTCAP(R) Products in Rapidly Growing Chinese Transportation Market SAN DIEGO, July 26 -- Maxwell Technologies Inc. announced today that its BOOSTCAP(R) ultracapacitor products have been certified by the official testing agency of the People's Republic of China for energy storage appli ... Continue reading
XM Satellite Radio Holdings Inc. Announces Second Quarter 2007 Results
Second Quarter Ending Subscribers Exceed 8.25 Million; Revenue Increases 22 Percent and Net Loss Narrows 23 Percent; Largest Quarter Ever for Gross Automotive Subscriber Additions WASHINGTON, July 26 -- XM Satellite Radio Holdings Inc. today announced earnings for the three-month period ended June 30, 2007. Revenue for ... Continue reading
Porsche Reveals Early Stages of New Cayenne Hybrid
ATLANTA--Porsche, a company renowned for its high-performance sports cars and sport utility vehicles (SUV), this week in Stuttgart demonstrated to the media a Cayenne SUV hybrid prototype, providing a glimpse of what the company will offer to consumers by the end of the decade. Porsche is targeting average fuel consump ... Continue reading
NASCAR NNCS (INDIANAPOLIS) - IN THE LOOP
Kenseth On Path To End Roush Fenway Drought At IMS<P> Sunday at Indianapolis Motor Speedway, Matt Kenseth will attempt to end a Roush Fenway Racing drought in the Allstate 400 at the Brickyard. Owner Jack Roushâs teams have failed to win at only two tracks on the NASCAR NEXTEL Cup Series schedule â Chicagolan ... Continue reading
TEAM REPORTS (INDIANAPOLIS) - PRE-RACE ADVANCE
Scott Lagasse Jr. and the No. 41 Wrigleyâs Juicy Fruit Dodge Team Facts: · Six Wins in 30 Days: Chip Ganassi Racing Teams, Inc. (CGR) recorded six wins over the past 30 days in NASCAR NEXTEL Cup, Busch, IndyCar and Grand-Am Series competition. Starting with Juan Pablo Montoyaâs historic NEXTEL Cup Series w ... Continue reading
NHRA (SONOMA) - No pressure, but Beckman could add to NHRA's history in Sonoma
DON SCHUMACHER RACING 2007 NHRA POWERade DRAG RACING SERIES Round 15 of 23 FRAM-AUTOLITE NHRA NATIONALS Infineon Raceway Sonoma, Calif. July 27-29, 2007 FOR IMMEDIATE RELEASE Contact: Judy Stropus, 203-438-0501; cell 203-243-2438; jstropus@earthlink.net NO PRESSURE, BUT BECKMAN COULD ADD TO NHRA'S HISTORY IN SONOMA SON ... Continue reading
SAN FRANCISCO July 25, 2007; Rainforest Action Network Campaign Director Sarah Connolly and Global Exchange Campaign Director Mike Hudema, released the following joint statement today in response to Toyotaâs announcement that it will publicly road test eight plug-in hybrid electric vehicles in the U.S. and Japan: ... Continue reading
AutoNation Reports Second-Quarter Earnings
FORT LAUDERDALE, Fla., July 26 -- AutoNation, Inc. , America's largest automotive retailer, today reported 2007 second- quarter net income from continuing operations of $79 million or $0.38 per share, compared to year-ago net income from continuing operations of $74 million or $0.33 per share. Last year's second quarte ... Continue reading
BorgWarner Posts Record Sales and Record Second Quarter Earnings
Raises Full Year Guidance By $0.10 Per Diluted Share AUBURN HILLS, Mich., July 26 -- BorgWarner Inc. second quarter sales showed strong growth over last year, driven by the demand for fuel-efficient engine and drivetrain technology around the world. The company posted solid earnings growth in the quarter despite the im ... Continue reading
Edmunds.com Forecasts July Auto Sales: Industry Down Approximately Four Percent From Last Year
SANTA MONICA, Calif.--This month's new vehicle sales (including fleet sales) are expected to be 1.37 million units, a 7.9 percent decrease from July 2006, according to Edmunds.com, the premier online resource for automotive information. This July had 24 selling days, one less than July 2006. When adjusted for this diff ... Continue reading
2007 Mazda MX-5 Miata Grand Touring PRHT Review
DRIVING DOWN THE ROAD WITH CAREY RUSS 2007 Mazda MX-5 Miata Grand Touring PRHT Mazda's MX-5 Miata became the best-selling two-seat sports car of all time by virtue of its many virtues. A long production run certainly helped, too - the car debuted in 1989, reviving what was then a moribund sector of automobiledom, and w ... Continue reading
STOCKHOLM, July 26, 2007; Reuters reported that Sweden's Volvo Car Corp., owned by Ford Motor Co. (F.N: Quote, Profile, Research), is recalling more than 40,000 XC90 cars in the United States due to a potential problem with the battery. It said it was recalling 42,211 2005-model Volvo XC90s sold in the United States to ... Continue reading
Top 10 Most Unpopular Cars in China
SHANGHAI - July 26, 2007: China along with its booming economy is also privy to a booming auto industry. With an annual growth of over 20 percent, it's now the world's third-largest auto-maker in the world. All the international automakers are in a race to get their share of the profits, launching new models and increa ... Continue reading
MILWAUKEE, July 26 -- Johnson Controls, Inc. Board of Directors today announced that Stephen A. Roell, executive vice president and vice chairman, has been elected chief executive officer effective October 1, 2007. He was also elected chairman of Johnson Controls' Board of Directors effective January 1, 2008. (Logo: ht ... Continue reading
Cummins Continues Record Performance in Second Quarter; Increases Full-Year Earnings Guidance
COLUMBUS, IND.--Broad gains across most of the Companyâs product and geographical markets led Cummins Inc. to record revenues and strong earnings in the second quarter. The Company today reported second-quarter revenues of $3.34 billion, up 18 percent from $2.84 billion in the second quarter of 2006 and 10 percent ... Continue reading
CHARLOTTE, Mich., July 26 -- Spartan Motors, Inc. reported its best-ever second quarter results marked by a 39.7 percent increase in net sales and a 30.5 percent increase in net earnings for the quarter ended June 30, 2007. Spartan, a leading manufacturer of custom vehicle chassis and emergency- rescue vehicles, report ... Continue reading
Asbury Automotive Group Announces 12.5% Increase in Quarterly Dividend
NEW YORK, July 26 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today announced that its board of directors has declared a quarterly cash dividend of $0.225 per share of common stock, a 12.5% increase from the previous quarterly dividend of $0.20 per share. T ... Continue reading
Asbury Automotive Group Reports Record Second Quarter Financial Results
EPS from Continuing Operations Increases 10%; Up 22% Adjusted for Non-Operating Items NEW YORK, July 26 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today reported financial results for the second quarter and six months ended June 30, 2007. Income from conti ... Continue reading
Monro Muffler Brake, Inc. Announces Record Sales and Earnings for First Quarter 2008
- First Quarter Comparable Store Sales Increase 6.2% - - Pre-Tax Income Increases 15% to $13.1 million - ROCHESTER, N.Y., July 26 -- Monro Muffler Brake, Inc. , a leading provider of automotive undercar repair and tire services, today announced record financial results for its first quarter ended June 30, 2007. First Q ... Continue reading
Volvo Looks To Michigan For New Hero Nominations
National Hero Award Recipient, Detroit Rev. Faith Fowler, Helps Volvo Call All Michigan Heroes in the 6th Annual Volvo for life Awards Visit www.volvoforlifeawards.com to give your local hero a chance at $100,000 and a Volvo car for life IRVINE, Calif., July 26 -- Earlier this year, Volvo named Rev. Faith Fowler of Det ... Continue reading
Magna Announces Board Approval of Previously Announced Arrangement Involving Russian Machines
AURORA, Canada, July 26 -- Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) today announced that its Board of Directors has approved a definitive Plan of Arrangement and related agreements with respect to the previously announced proposed strategic investment in Magna by Russian Machines, a wholly owned subsidiary ... Continue reading
Drive Financial Services(R) Joins RouteOne
Addition of major non-prime lender provides dealers broad spectrum of credit buying FARMINGTON HILLS, Mich., July 26 -- RouteOne LLC announced today that Drive Financial Services(R), a leading provider of automotive finance programs covering the entire non-prime spectrum, has joined the growing roster of finance source ... Continue reading
Conference Call Scheduled at 10.00am EDT AZOUR, Israel, July 26 -- Ituran Location and Control Ltd. , announced that it will be releasing its second quarter 2007 results on Monday, August 20, 2007, before the US market opens. The Company will also be hosting a conference call later that day at 10:00am EDT. On the call, ... Continue reading
NEW YORK--SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) the Company is pleased to announced the focus groups results are in and the company got a 2.7!! So that you understand the numbers, a focus group gives 1.5, which is good, a 2.0 is very good. The projections, with the five focus groups were 2.7!! What that means ... Continue reading
LKQ Corporation Announces 2007 Second Quarter Earnings With Operating Income Growth Over 29%
CHICAGO, July 26 -- LKQ Corporation today announced results for its second quarter ended June 30, 2007, with revenue of $233.3 million, net income of $14.0 million and diluted earnings per share of $0.25. (Logo: http://www.newscom.com/cgi-bin/prnh/20051017/LKQLOGO ) "We exceeded our previously issued earnings estimates ... Continue reading
Ford Reports a Net Profit of $750 Million for Second Quarter 2007*
- Revenue of $44 billion, 6 percent above second quarter 2006. - Net income of $750 million, or 31 cents per share, for the second quarter of 2007. - Profit of $258 million, or 13 cents per share, from continuing operations excluding special items.** - Significant year-over-year improvement for all Automotive operation ... Continue reading
Ford Motor Credit Earns $62 Million in the Second Quarter*
DEARBORN, Mich., July 26 -- Ford Motor Credit Company reported net income of $62 million in the second quarter of 2007, down $242 million from earnings of $304 million a year earlier. On a pre-tax basis from continuing operations, Ford Motor Credit earned $112 million in the second quarter compared with $435 million in ... Continue reading
ZAP Electric Car Achieves 100-Mile Range at Danish Laboratory
COPENHAGEN, Denmark, July 26 -- Electric car pioneer ZAP (BULLETIN BOARD: ZAAP) confirmed that its XEBRA city-truck traveled over 100 miles on a single charge at a Danish laboratory using an advanced lithium battery system. (Logo: http://www.newscom.com/cgi-bin/prnh/20070130/SFTU060LOGO ) ZAP has two XEBRAs in Denmark ... Continue reading
Decrease in Oil Dependency Causes Debate on Food Prices - VIDEO STORY
DETROIT - July 26, 2007: With ethanol production increasing, the price of corn â the fuelâs primary ingredient â has also risen. As a result, more people are now blaming ethanol for a rise in food prices. However, General Motors (GM) reports that studies indicate the price of gasoline has twice the impac ... Continue reading
NEW YORK, July 25 -- Aston Martin and SIRIUS Satellite Radio today announced that SIRIUS will be available as factory installed equipment with a lifetime subscription on the Aston Martin V8 Vantage and DB9 vehicle lines. The new models will become available at U.S. dealerships in August 2007. The luxury automaker also ... Continue reading
Consumers And Businesses Must Brace Themselves For Higher Parking Rates
BOSTON, July 25 -- Parking costs have increased nationwide for the fourth year in a row, mirroring rising demand and a dearth of supply in the U.S, Canada and around the world, according to the seventh annual Parking Rate survey from Colliers International, a leading global real estate services company. Leading the U.S ... Continue reading
Visteon Lights the Way for Redesigned Cadillac CTS
VAN BUREN TOWNSHIP, Mich., July 25, 2007 -- Visteon Corporation is supplying the 2008 Cadillac CTS with a highly stylized exterior lighting system that features one of the industry's first applications of LED-powered backup lights, as well as uniquely placed LED light pipes. This distinctive blend of lighting will debu ... Continue reading
Insurance Department Offers Important Tips to Vacation Travelers
HARRISBURG, Pa., July 25 /PRNewswire-USNewswire/ -- The Pennsylvania Insurance Department today reminded consumers who are planning vacations to consider if purchasing travel insurance will help to protect their investment and peace of mind. "Buying travel insurance can protect you from the loss of non-refundable trave ... Continue reading
Kenwood Confirms Joint Business Development Program with JVC
LONG BEACH, Calif.--Kenwood and JVC have announced plans to start working together in the car and home electronics business in an effort to pool development resources and save costs. Although the merging of both operations under a holding company is presently under discussion, there is no confirmation as of this date. ... Continue reading
LoJack Corp. Receives Ruling From Massachusetts Appeals Court
WESTWOOD, Mass., July 25 -- LoJack Corporation , the leading provider of recovery systems for stolen mobile assets, today announced that the Massachusetts Appeals Court ordered that the judgment in favor of LoJack in its breach of contract suit against Clare, Inc., a subsidiary of IXYS Corp. , be vacated and that a new ... Continue reading
Score One to Benefit from China's Booming Auto Parts Industry
HONG KONG, July 25 /Xinhua-PRNewswire-FirstCall/ -- Score One Inc. (BULLETIN BOARD: SREA) announced today that according to a recently published China Auto Parts Industry Report, 2007 (publisher: Research InChina), the revenue of China's auto parts industry amounted to RMB527 billion (or approximately US$68 billion) in ... Continue reading
Solar Success! Dell Announces Winners of 2007 Dell-Winston School Solar Car Challenge
ROUND ROCK, Texas--The Newton County Solar Team from Decatur, Miss.; the Houston Solar Car Team from Houston, Miss.; and the Newburgh Free Academy team from Newburgh, N.Y. won their respective divisions in this yearâs Dell-Winston School Solar Car Challenge. The nine-day race began July 16 at Dellâs headquart ... Continue reading
Myers Industries Reports Second Quarter 2007 Results
AKRON, Ohio--Myers Industries, Inc. today announced results for the second quarter and six months ended June 30, 2007: Second Quarter Ended June 30, 2007 Net sales from continuing operations for the second quarter ended June 30, 2007 increased 16 percent to $225.6 million, as compared to net sales of $194.2 million rep ... Continue reading
It's 5:00. Do You Know How Bad Your Car Smells?
Automotive Air Freshener Manufacturer Discovers Record Sales During Evening Drive Time DRAPER, Utah, July 25 -- Dinner is not the only thing on commuter's minds during their evening drive. According to a recent consumer behavior data report, car odors apparently are also catching drivers' attention. Utah-based HandStan ... Continue reading
The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.
Vehicle manufacturers and alt fuels.