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February 2007

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Tuesday, February 27, 2007

Survey to Gauge Michigan Views About Increased Fuel-Efficiency for Autos, Steps to Curb Global Warming

Survey to Gauge Michigan Views About Increased Fuel-Efficiency for Autos, Steps to Curb Global Warming

ORC Survey Looks at Views of Households With Direct and Indirect Auto Industry Ties; Michigan Residents Also Asked for Views on Leading Auto Industry Problems A major new Opinion Research Corporation (ORC) opinion survey of Michigan residents -- including autoworkers -- to be released at 1:30 p.m. ET/12:30 p.m. CT on F ... Continue reading

Chrysler Agrees To Buyouts with UAW

Chrysler Agrees To Buyouts with UAW

AUBURN HILLS, Mich., Feb. 27 -- Chrysler Group and the UAW today agreed to two special programs that will provide retirement and separation incentives for the Company's bargaining-unit employees in the United States as part of the Chrysler Group's Recovery and Transformation Plan. The negotiated programs include an Inc ... Continue reading

Sony Helps Drivers Keep Their Hands on the Wheel

Sony Helps Drivers Keep Their Hands on the Wheel

Bluetooth(R) Car Stereo Allows Hands-free Calls and Streams Music Wirelessly LAS VEGAS, Feb. 27 -- Sony's new AM/FM CD receiver for the car with Bluetooth(R) technology (model MEX-BT2500) multi-tasks as both a CD player and a wireless streaming device. Drivers can make safe, hands-free phone calls, listen to MP3 format ... Continue reading

Don "The Snake" Prudhomme Wins 2007 Justice Brothers-Shav Glick Award

Don "The Snake" Prudhomme Wins 2007 Justice Brothers-Shav Glick Award

DRAG RACING LEGEND WINS JUSTICE BROTHERS SHAV GLICK AWARD FOR 2007 Duarte, CA: The first ever Justice Brothers sponsored Shav Glick award has been won by drag racing icon Don "The Snake" Prudhomme. A panel of prestigious judges from the world of motorsports selected Prudhomme from a list of five candidates nominated to ... Continue reading

Daimler Could be Takeover Target -OOPS

Daimler Could be Takeover Target -OOPS

Washington DC February 27, 2007; The AIADA newsletter reported that experts tell CNN that without Chrysler, the Daimler group could be an attractive takeover target for hedge funds and private equity groups. However, even for groups with plenty of cash on hand, Chrysler's pension and health care liabilities are still a ... Continue reading

Flextronics to Report Fourth Quarter and Fiscal Year 2007 Results

Flextronics to Report Fourth Quarter and Fiscal Year 2007 Results

SINGAPORE, Feb. 27 -- Flextronics today announced that it will report its results for the fourth quarter and fiscal year ending March 31, 2007 on Thursday, April 26, 2007. The conference call, hosted by Flextronics' senior management, will be held at 1:30 p.m. PDT to discuss the financial results of the Company and its ... Continue reading

Brown, Wilson Team Up at Sorted Performance for Sebring

Brown, Wilson Team Up at Sorted Performance for Sebring

FOR IMMEDIATE RELEASE Courtesy Sorted Performance Brown, Wilson Team Up at Sorted Performance for Sebring Blacksburg, Va. (Feb. 27, 2007) - Sorted Performance announced today that Hal Brown and Stan Wilson will team together for the SCCA Pro Racing SPEED World Challenge Touring Car season opener at Sebring for Dodge Mo ... Continue reading

Krohn Racing Seeks Podium Finish at Mexico City

Krohn Racing Seeks Podium Finish at Mexico City

Krohn Racing Seeks Podium Finish at Mexico City The race at Autodromo Hermanos Rodriquez will be the first sprint race of the season for the Rolex Sports Car Series in Grand-Am Road Racing. A total of 40 entries, including 18 Daytona Prototypes are expected to challenge one another for the 400 kilometer/100-lap/2-1/2 h ... Continue reading

Zoom-Zoom Is Mazda's DNA, Says President James O'Sullivan

Zoom-Zoom Is Mazda's DNA, Says President James O'Sullivan

By Marty Bernstein AIADA Contributing Editor The new Mazda Hakaze Concept to be introduced at the 77th Annual Geneva International Motor Show Advertising slogans, with rare exceptions, do not resonate with most consumers, especially in the automotive category. They’re the clever little phrase at the bottom of a pr ... Continue reading

Analyst: GM and Chrysler Don't Mix

Analyst: GM and Chrysler Don't Mix

BOSTON--The Strategy Analytics Automotive Buyer Dynamics service has released, “GM and Chrysler: United They Stand, or United They Fall?,” which notes few synergies and substantial obstacles to any acquisition of Chrysler by GM. During its research into new vehicle buyer behavior, Strategy Analytics asked US ... Continue reading

ADS Logistics' Brokerage Division Successfully Bridges Truck Capacity Gap and Looks to Expand Service and Geographic Scope in 2007

ADS Logistics' Brokerage Division Successfully Bridges Truck Capacity Gap and Looks to Expand Service and Geographic Scope in 2007

HOMEWOOD, Ill.--ADS Logistics, LLC (ADS) announced today its plans to expand transportation services with the establishment of a new Brokerage division within its Area Transportation business unit. ADS is the leading North American provider of integrated supply chain management services to the metals industry, and its ... Continue reading

Baldor Electric Company Announces 1st Quarter 2007 Dividend and Notice of Annual Shareholders' Meeting

Baldor Electric Company Announces 1st Quarter 2007 Dividend and Notice of Annual Shareholders' Meeting

FORT SMITH, Ark., Feb. 27 -- Baldor Electric Company markets, designs, and manufactures industrial electric motors, power transmission products, drives, and generators and is based in Fort Smith, Arkansas. Baldor made the following announcements after the Company's Board of Directors' meeting on February 26, 2007. Cash ... Continue reading

Lear Files 2006 Form 10-K With SEC and Posts to Website; Hard Copies Available Free of Charge From Company

Lear Files 2006 Form 10-K With SEC and Posts to Website; Hard Copies Available Free of Charge From Company

SOUTHFIELD, Mich., Feb. 27 -- Lear Corporation today announced it has filed its Annual Report on Form 10-K for the fiscal year ended December 30, 2006, with the Securities and Exchange Committee and posted it on the company's website at http://www.lear.com/ in the Investor Relations Section. Upon request, Lear will fur ... Continue reading

Atlantis Holding Corp Announces Start of Eagle Automotive Group Operations in Las Vegas, Nevada

Atlantis Holding Corp Announces Start of Eagle Automotive Group Operations in Las Vegas, Nevada

TUSTIN, Calif., Feb. 27 -- Atlantis Holding Corp (Pink Sheets: AHDG) is pleased to announce that our wholly owned subsidiary, Eagle Automotive Group has expanded operations by forming a partnership with Dealer Service Group of Nevada to provide automotive aftermarket products to many of the automotive dealerships in La ... Continue reading

AD-COMP(R) Announces Second Consecutive Annual Equity Distribution

AD-COMP(R) Announces Second Consecutive Annual Equity Distribution

Auto Dealers Compensation, First and Largest Self-Insured Group in California, Celebrates Fourth Anniversary in March SACRAMENTO, Calif., Feb. 27 -- For a second consecutive year, the Auto Dealers Compensation of California, Inc. (AD-COMP(R)) Board of Trustees has announced an equity distribution that will divide appro ... Continue reading

Motor Home Manufacturing Industry Valued at $6 Billion

Motor Home Manufacturing Industry Valued at $6 Billion

DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/reports/c51216) has announced the addition of Motor Home Manufacturing Industry in the U.S. and its Foreign Trade (1996-2008) to their offering. This industry report focuses upon the Motor Home Manufacturing industry. This U.S. industry comprises ... Continue reading

A1TC South Africa SPEED TV Reminder (S)

A1TC South Africa SPEED TV Reminder (S)

TV REMINDER - DURBAN STREET RACE AIRING ON SPEED Montréal, Canada - Tuesday 27 February, 2007 - Round 8 of the 2006-07 A1GP World Cup of Motorsport, hosted on the streets of Durban, South Africa, will be broadcast on SPEED on Wednesday 28th February at 4pm EST. The unpredictable nature of street racing was evidenced S ... Continue reading

Advertising Campaign for the All-New 2008 Dodge Avenger Will be Outlined During a Media Conference Call at 11:15 a.m., Fri. March 2

Advertising Campaign for the All-New 2008 Dodge Avenger Will be Outlined During a Media Conference Call at 11:15 a.m., Fri. March 2

What: A media briefing of the advertising campaign for the all-new 2008 Dodge Avenger mid-size sedan. The Dodge Avenger combines bold, aggressive Dodge styling with innovative interior features, high-levels of safety and reliability, exhilarating performance and excellent fuel efficiency of 30 miles per gallon (mpg). W ... Continue reading

Scion Corporate Manager Steve Haag to Address Motor Press Guild March 6

Scion Corporate Manager Steve Haag to Address Motor Press Guild March 6

LOS ANGELES, Feb. 27 -- The Motor Press Guild (MPG), America's largest professional automotive media association, announces Steve Haag, corporate manager of Scion will be the featured speaker at its March 6 meeting. Haag will talk about Scion as a company, its approach to selling vehicles and its success since the laun ... Continue reading

Mile Marker International, Inc. Announces 2006 Financial Results

Mile Marker International, Inc. Announces 2006 Financial Results

POMPANO BEACH, Fla.--Mile Marker International, Inc. (OTCBB:MMRK), a specialty vehicle parts distributor and manufacturer, today announced its revenues and earnings for the year and the three months ended December 31, 2006. Mile Marker International, Inc. today announced that it earned net income of $108,173, or $0.01 ... Continue reading

LKQ Corporation Announces 2006 Fourth Quarter and Full Year Results and 2007 Financial Guidance

LKQ Corporation Announces 2006 Fourth Quarter and Full Year Results and 2007 Financial Guidance

CHICAGO, Feb. 27 -- LKQ Corporation today announced results for its fourth quarter ended December 31, 2006, with revenue of $204.5 million, net income of $10.2 million and diluted earnings per share of $0.18. For the full year ended December 31, 2006, revenue was $789.4 million, net income was $44.4 million and diluted ... Continue reading

CrossCheck’s Dallas Office on Track for Sales Success

CrossCheck’s Dallas Office on Track for Sales Success

ROHNERT PARK, Calif.--CrossCheck, Inc., the nation’s third largest check approval and guarantee service provider announced that their new sales office in Dallas, Texas is out-pacing initial sales projections. The North Dallas office opened recently to provide the check company another office for their check guarantee ... Continue reading

Mazda Announces Changes to Overseas Production Statistics for Production and Sales Results

Mazda Announces Changes to Overseas Production Statistics for Production and Sales Results

<http://www.japancorp.net/?page_num=1> JapanCorp: Mazda Announces Changes to Overseas Production Statistics for Production and Sales Results Tokyo, Japan, Feb. 27, 2007 - (JCN Newswire) - Mazda Motor Corporation has announced changes to the way it records overseas production figures in its monthly production and sales ... Continue reading

Sync System Demonstration Available to the Public

Sync System Demonstration Available to the Public

MONTREAL, Feb. 27 -- Barclay Road, Inc. (Pink Sheets: BCYR) announced today that they are preparing a demonstration of their BRSS (Barclay Road Sync System), which will allow the general public to get their first taste of the new application. Both General Motors and Ford Motor Co. have unveiled a deal with Microsoft Co ... Continue reading

Harley-Davidson Updates Guidance as Result of Strike

Harley-Davidson Updates Guidance as Result of Strike

MILWAUKEE, Feb. 27 -- Harley-Davidson, Inc. announced today that it is updating guidance for motorcycle shipments for the first quarter of 2007 and financial guidance for the full year. Guidance is being revised to reflect the impact of a three week strike that concluded Thursday, February 22, 2007, at the Company's ma ... Continue reading

Sonic Automotive, Inc. Closes a Strong 2006 with Fourth Quarter Continuing Ops Earnings up 6% Over Prior Year

Sonic Automotive, Inc. Closes a Strong 2006 with Fourth Quarter Continuing Ops Earnings up 6% Over Prior Year

CHARLOTTE, N.C., Feb. 27 -- Sonic Automotive, Inc. , a leader in automotive retailing, today announced that its 2006 fourth quarter earnings from continuing operations were up 6.3% at $28.4 million, or $0.63 per diluted share, compared to $26.7 million, or $0.61 per diluted share, in the prior year period. The Company ... Continue reading

Mercury General Corporation Announces Filing of Form-10K

Mercury General Corporation Announces Filing of Form-10K

LOS ANGELES, Feb. 27 -- Mercury General Corporation reported today that it has filed its Annual Report on Form 10-K for the year ended December 31, 2006 with the United States Securities and Exchange Commission ("SEC"). The Company makes available, free of charge via its website, www.mercuryinsurance.com, its Annual Re ... Continue reading

First Winners of 2007 Tire Rack SCCA Solo National Tour Crowned in Georgia

First Winners of 2007 Tire Rack SCCA Solo National Tour Crowned in Georgia

FOR IMMEDIATE RELEASE First Winners of 2007 Tire Rack SCCA Solo National Tour Crowned in Georgia CECIL, Ga. (Feb. 27, 2007) - The first stop on the 2007 Tire Rack(r) SCCA Solo National Tour is officially in the books and what better way to start a new season than at a new facility. Soloists got their first taste of the ... Continue reading

GMAC Insurance to Offer Specialized RV Coverage Through Independent Agents Across the Nation

GMAC Insurance to Offer Specialized RV Coverage Through Independent Agents Across the Nation

ST. LOUIS--Today, GMAC Insurance announced the nationwide rollout of its specialized RV insurance through independent agencies. The move comes as part of a GMAC Insurance initiative to expand its product offerings sold through approximately 10,000 independent agencies across the country. As America’s No. 1 RV Insu ... Continue reading

Sonic Automotive, Inc. Declares Quarterly Cash Dividend

Sonic Automotive, Inc. Declares Quarterly Cash Dividend

CHARLOTTE, N.C., Feb. 27 -- Sonic Automotive, Inc. , a leader in automotive retailing, today announced that its Board of Directors approved a quarterly dividend of $0.12 per share payable in cash for shareholders of record on March 15, 2007. The dividend will be payable April 15, 2007. Sonic Automotive, Inc., a Fortune ... Continue reading

DaimlerChrysler 2006 Annual Report Now Available

DaimlerChrysler 2006 Annual Report Now Available

STUTTGART, Germany, Feb. 27 -- DaimlerChrysler AG today filed its 2006 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission. The report, which includes the company's audited consolidated financial statements for the year 2006, is also available on its website at www.daimlerchrysler.com/ir/reports ... Continue reading

CarMax Announces Webcast Information for Year End Earnings Release and Upcoming Conference

CarMax Announces Webcast Information for Year End Earnings Release and Upcoming Conference

RICHMOND, Va., Feb. 27 -- CarMax, Inc. announced today the webcast and/or conference call access information for upcoming events. March 5, 2007 -- Raymond James Institutional Investors Conference. CarMax will present at the Raymond James 28th Annual Institutional Investors Conference in Orlando, Florida. The presentati ... Continue reading

Toyota to Build Vehicle Plant in Mississippi, U.S.A.

Toyota to Build Vehicle Plant in Mississippi, U.S.A.

<http://www.japancorp.net/?page_num=1> JapanCorp: Toyota to Build Vehicle Plant in Mississippi, U.S.A. Tokyo, Japan, Feb. 28, 2007 - (JCN Newswire) - Toyota Motor Corporation announced today that, as part of its continuing localization efforts in North America, it has decided to build a new vehicle production plant in ... Continue reading

Ford President and CEO Alan Mulally Visits Mazda Headquarters

Ford President and CEO Alan Mulally Visits Mazda Headquarters

<http://www.japancorp.net/?page_num=1> JapanCorp: Ford President and CEO Alan Mulally Visits Mazda Headquarters Tokyo, Japan, Feb. 27, 2007 - (JCN Newswire) - Mazda Motor Corporation welcomed Alan Mullaly, president and CEO of the Ford Motor Company, to Mazda headquarters in western Japan's Hiroshima Prefecture today. ... Continue reading

Study Shows Auto Consumers Want it all When Choosing Next Car: Better Performance and Greater Gas Mileage

Study Shows Auto Consumers Want it all When Choosing Next Car: Better Performance and Greater Gas Mileage

CarGurus Online Survey of Automotive Consumers Reveals Conflicting Goals. Top Reasons for Buying their Next Car Include 'Better Performance' and 'Greater Gas Mileage.' New Technology (GPS, Bluetooth, etc.) Receives Surprisingly Few Votes. CAMBRIDGE, Mass., Feb. 27 -- CarGurus.com, a leading online automotive community, ... Continue reading

Kevin Harvick Wasn't the Only Winner at Daytona Beach Last Week

Kevin Harvick Wasn't the Only Winner at Daytona Beach Last Week

Precision Tune Auto Care Customer Gets VIP Treatment As Racing Event of The Year Sweepstakes Winner LEESBURG, Va., Feb. 27 -- Winner of the Precision Tune Auto Care (PTAC) Racing Event of The Year Sweepstakes, San Diego resident and PTAC customer Barry Webb thoroughly enjoyed the experience of a lifetime as a VIP in Da ... Continue reading

PRUETT TO PULL DOUBLE-DUTY WEEKEND IN MEXICO, MAKING BUSCH SERIES RUN WITH MONTOYA

PRUETT TO PULL DOUBLE-DUTY WEEKEND IN MEXICO, MAKING BUSCH SERIES RUN WITH MONTOYA

FOR IMMEDIATE RELEASE Contact Angie Copen at Chip Ganassi Racing with Felix Sabates Media Relations, 704-662-9642 PRUETT TO PULL DOUBLE-DUTY WEEKEND IN MEXICO, MAKING BUSCH SERIES RUN WITH MONTOYA CONCORD, N.C. (February 27, 2007)-Chip Ganassi Racing with Felix Sabates (CGRFS) driver Scott Pruett will compete in both t ... Continue reading

Lithia Motors Acquires Luxury and Import Stores in Iowa

Lithia Motors Acquires Luxury and Import Stores in Iowa

MEDFORD, Ore.--Lithia Motors, Inc. the country’s eighth-largest automotive dealership group, today announced auto-retail store acquisitions in Ames, Johnston, and Des Moines, Iowa. The new stores will be named Honda of Ames, Lithia Nissan of Ames, Acura of Johnston, Lithia Infiniti of Des Moines, Lithia Volkswagen of ... Continue reading

Arkona’s Rapid Sales Growth Leads to Opening of Two New Sales Regions

Arkona’s Rapid Sales Growth Leads to Opening of Two New Sales Regions

SALT LAKE CITY--Arkona Inc. (OTCBB:ARKN), the leader in supplying fully integrated on-demand business management solutions to automotive and powersports dealerships, announced today the opening of two new sales regions. A new Mid-Atlantic region will be headed by James A. Toombs, Jr., and includes the states of Virgini ... Continue reading

Shane Lewis and Randy Ruhlman ready to drive at Mexico City the No. 3 Southard Motorsports/Preformed Line Products Daytona Prototype

Shane Lewis and Randy Ruhlman ready to drive at Mexico City the No. 3 Southard Motorsports/Preformed Line Products Daytona Prototype

Southard Motorsports No. 3 Preformed Line Products Lexus Riley CONTACT: Cristi Brumm 1-336-210-0980 FOR IMMEDIATE RELEASE Shane Lewis and Randy Ruhlman ready to drive at Mexico City the No. 3 Southard Motorsports/Preformed Line Products Daytona Prototype MEXICO CITY (Jan. 27, 2007) ­ This weekend marks the return of t ... Continue reading

Teres Solutions to Highlight Winning Strategies for Lending Programs in 2007 and Beyond at Fourth Annual User Conference

Teres Solutions to Highlight Winning Strategies for Lending Programs in 2007 and Beyond at Fourth Annual User Conference

AUSTIN, Texas--Teres Solutions™, Inc., a leading provider of direct and indirect lending software to credit unions and financial institutions, today announced the keynote speaker and agenda for its fourth annual customer conference to be held April 24-27 in Austin, Texas at the historic Driskill Hotel. This yearâ ... Continue reading

Chrysler Group Conference Call to Announce February 2007 Sales

Chrysler Group Conference Call to Announce February 2007 Sales

What: Telephone conference call to discuss Chrysler Group's February sales Who: Steven Landry, Vice President - Sales and Field Operations, Chrysler Group Michael Manley, Vice President - Sales Strategy and Dealer Operations, Chrysler Group When: Thursday, March 1, 2007 - 3:30 p.m. to 4 p.m. EST Details: Teleconference ... Continue reading

What Will Be The Fuel of The Future?

What Will Be The Fuel of The Future?

By Les Jackson AIADA Contributing Editor By the middle part of the 21st Century engineers and scientists see a shift to fully electric vehicles. Internal combustion-powered vehicles will be relegated to museums, parades and shows, much like carriages and steam engines are displayed today. Reaching that point will take ... Continue reading

Advance Auto Parts to Present at Upcoming Investor Conference

Advance Auto Parts to Present at Upcoming Investor Conference

ROANOKE, Va.--Advance Auto Parts, Inc. , a leading automotive aftermarket retailer of parts, accessories and maintenance items, will be presenting at the Raymond James 28th Annual Institutional Investors Conference in Orlando, Florida on Tuesday, March 6, 2007 at 8:40 a.m., Eastern Standard Time. A live broadcast of th ... Continue reading

Most Crash Victims Not Receiving Life-Saving Resources

Most Crash Victims Not Receiving Life-Saving Resources

BOSTON, Feb. 27 /PRNewswire-USNewswire/ -- After a serious car crash when your survival depends on urgent helicopter transport to a specialized trauma center -- will you receive it? Most likely not, according to the findings of a first-in-the-nation study by Health and Safety Research, Inc., a Massachusetts non-profit. ... Continue reading

Lincoln Educational Services Corporation Completes Re-Branding Initiative

Lincoln Educational Services Corporation Completes Re-Branding Initiative

Eight Schools Re-Branded as 'Lincoln College of Technology;' 21 as 'Lincoln Technical Institute' WEST ORANGE, N.J., Feb. 27 -- Lincoln Educational Services Corporation ("Lincoln") today announced that it has completed the nationwide re-branding initiative to consolidate 29 of its 37 campuses under the Lincoln banner. O ... Continue reading

Mazda Production and Sales Results for January 2007

Mazda Production and Sales Results for January 2007

<http://www.japancorp.net/?page_num=1> JapanCorp: Mazda Production and Sales Results for January 2007 Tokyo, Japan, Feb. 27, 2007 - (JCN Newswire) - Mazda Motor Corporation's production and sales results for January 2007 are summarized below. I. Production --------------------------------------------------------------- ... Continue reading

Honda Sets New Monthly Records for Worldwide and Overseas Auto Production

Honda Sets New Monthly Records for Worldwide and Overseas Auto Production

<http://www.japancorp.net/?page_num=1> JapanCorp: Honda Sets New Monthly Records for Worldwide and Overseas Auto Production Tokyo, Japan, Feb. 27, 2007 - (JCN Newswire) - Honda Motor Co., Ltd., announced its automobile production, Japan domestic sales, and export results for the month of January 2007. Production Due to ... Continue reading

DaimlerChrysler Supervisory Board Approves Small-Car Agreement To Build in China

DaimlerChrysler Supervisory Board Approves Small-Car Agreement To Build in China

Auburn Hills, Mich./Stuttgart, Germany February 27, 2007; The DaimlerChrysler Supervisory Board today approved the framework of a limited partnership to develop small vehicles between the Chrysler Group and Chery Motor Company of China. The deal is still contingent upon approval by the Chinese government, but the final ... Continue reading

Toyota To Build Highlanders in Mississippi

Toyota To Build Highlanders in Mississippi

New Plant to Start Production by 2010; To Employ 2,000 Team Members TUPELO, Miss., Feb. 27 -- Mississippi Governor Haley Barbour joined Toyota officials today to announce that the company has chosen a 1,700-acre site in Blue Springs, Mississippi to build its eighth North American vehicle assembly plant. The new plant, ... Continue reading

Toyota To Build Highlanders in Mississippi-New Plant to Start Production by 2010; To Employ 2,000 Team Members

Toyota To Build Highlanders in Mississippi-New Plant to Start Production by 2010; To Employ 2,000 Team Members

TUPELO, Mississippi February 27, 2007; Mississippi Governor Haley Barbour joined Toyota officials today to announce that the company has chosen a 1,700-acre site in Blue Springs, Mississippi to build its eighth North American vehicle assembly plant. The new plant, to be located just outside of Tupelo, will have the cap ... Continue reading

Toyota To Build New Plant in Mississippi, United States

Toyota To Build New Plant in Mississippi, United States

TOKYO, Feb 27, 2007; Reuters reported that Toyota Motor Corp. said on Tuesday it will build a new plant in the United States, the latest sign of its pressing need for capacity to keep up with booming demand, with media reports placing the factory in the southern state of Mississippi. Japanese business daily Nikkei repo ... Continue reading

Daimler approves small car deal with China's Chery

Daimler approves small car deal with China's Chery

DETROIT, Feb 27, 2007; Reuters reported that the board of DaimlerChrysler AG said it has approved an alliance between its Chrysler Group unit and China's Chery Motor Co. aimed at the growing market for smaller cars. Under the deal, which will not include an equity investment, Chery will build vehicles under Chrysler's ... Continue reading

Scuderi Group Issues Statement on Proposed European Emissions Laws

Scuderi Group Issues Statement on Proposed European Emissions Laws

FRANKFURT, Germany--In response to the recent news around the European Union’s (EU) proposed auto emissions laws, the Scuderi Group today issued a statement urging European automakers to embrace the emerging air-hybrid technology that could give engine manufacturers the ability to comply with the new laws at far l ... Continue reading

Hy-Drive and PeopleNet Announce Business Partnership

Hy-Drive and PeopleNet Announce Business Partnership

TSX Venture Exchange symbol: HGS TORONTO, Feb. 27 -- Hy-Drive Technologies Ltd. (TSX-V: HGS) and PeopleNet jointly announced today a business partnership in which Hy-Drive will immediately begin incorporating PeopleNet technology in its products. PeopleNet is the leading supplier of internet-based, satellite tracking a ... Continue reading

China Automaker Looking at Chrysler Stake

China Automaker Looking at Chrysler Stake

SHANGHAI, China February 27, 2007; The AP reported that Chinese automaker FAW Group Corp. refused comment Tuesday on a report it is considering bidding for a stake in DaimlerChrysler AG's ailing Chrysler Group. Meanwhile, the Detroit News reported that Chrysler was seeking permission from its parent company to begin bu ... Continue reading

Fascinating design and sophisticated technology: The 2007 Mercedes-Benz Bike Collection

Fascinating design and sophisticated technology: The 2007 Mercedes-Benz Bike Collection

Stuttgart, Feb 27, 2007 Mercedes-Benz Accessories GmbH heralds the 2007 season with three new bicycle models. Both the technical and the functional features of the brand-new ‘Fitness’ and ‘Trekking’ bikes have been designed to optimally meet the demands of ambitious hobby and leisure cyclists alike. ... Continue reading

Ford's Mulally Very Busy Man: Visits Mazda HQ For First Time

Ford's Mulally Very Busy Man: Visits Mazda HQ For First Time

HIROSHIMA - February 27, 2007: Mazda Motor Corporation welcomed Alan Mullaly, president and CEO of the Ford Motor Company, to Mazda headquarters in western Japan's Hiroshima Prefecture today. Ford is Mazda's largest shareholder and strategic business partner, and this was Mulally's first visit to Mazda in Hiroshima. Ma ... Continue reading

Meijer And General Motors Celebrate Opening Of Twentieth E85 Ethanol Pump At Michigan Meijer Gas Stations

Meijer And General Motors Celebrate Opening Of Twentieth E85 Ethanol Pump At Michigan Meijer Gas Stations

Pump Opening Part of Ongoing Partnership to Make E85 Ethanol More Available to Michigan Drivers CANTON, Mich. – Meijer and General Motors joined together today to celebrate the opening of Meijer’s twentieth E85 ethanol fueling location in the state of Michigan. Today’s event marks the completion of twent ... Continue reading

Toyota in Los Angeles County Earns Top Waste-Cutting Honors

Toyota in Los Angeles County Earns Top Waste-Cutting Honors

Car Company Cuts Waste, Boosts Savings TORRANCE, Calif., Feb. 26 -- The California Integrated Waste Management Board today honored Toyota Motor Sales (TMS), U.S.A., Inc. headquarters with the Waste Reduction Awards Program (WRAP) of the Year (WOTY). TMS was awarded with top honors in a field of more than 1,200 other Wa ... Continue reading

Ford CEO Interested in Bolstering Hybrid-tech Alliance with Toyota

Ford CEO Interested in Bolstering Hybrid-tech Alliance with Toyota

NEW YORK February 27, 2007; Kyodo reported that the head of Ford Motor Co. has expressed strong interest in boosting the U.S. carmaker's alliance with Toyota Motor Corp. in the field of environmentally friendly hybrid vehicles. In a phone interview Friday, President and Chief Executive Officer Alan Mulally said an alli ... Continue reading

Toyota to Expand Production in China

Toyota to Expand Production in China

Tokyo February 26, 2007; The Asahi Simbun reported that after a relatively slow start in the Chinese market, Toyo- ta Motor Corp. is aiming to increase production and carve out a bigger share for itself. The company has already alerted makers of component parts that it will increase the range of vehicles it makes in Ch ... Continue reading

Mercedes-Benz Unveils 4 Cylinder Vision C 220 BLUETEC in Geneva

Mercedes-Benz Unveils 4 Cylinder Vision C 220 BLUETEC in Geneva

Stuttgart, Feb 26, 2007 Mercedes-Benz is unveiling its highly environmentally-compatible BLUETEC emission-control technology in combination with a consumption-optimised four-cylinder engine for the first time at the 2007 Geneva Motor Show. In terms of ensuring compliance with the even stricter EURO 6 emission standard, ... Continue reading

Hybrid Sales Still Growing But More Slowly

Hybrid Sales Still Growing But More Slowly

DETROIT February 26, 2007; Reuters reported that sales of hybrid vehicles rose 28 percent in 2006 but growth in the segment dominated by Toyota Motor Corp.'s Prius is starting to slow, according to retail sales data released on Monday. R.L. Polk & Co., which collects and analyzes auto registration data on a state-by-st ... Continue reading

DCX Considers Swapping Chrysler for Stake in GM

DCX Considers Swapping Chrysler for Stake in GM

FRANKFURT, Germany February 25, 2007; Matt Moore writing for the AP reported that General Motors Corp. reportedly may be interested in giving an equity stake to DaimlerChrysler AG in exchange for its struggling Chrysler unit. Separately, an analyst said he understands a large Canadian auto parts supplier may be studyin ... Continue reading

OSRAM SYLVANIA's Joule LED Lighting System Selected for Two, New Ford Products

OSRAM SYLVANIA's Joule LED Lighting System Selected for Two, New Ford Products

HILLSBORO, N.H., Feb. 26 -- OSRAM SYLVANIA and its innovative Joule LED Signal System can be found on a pair of upcoming Ford Motor Company products. The newly-named, redesigned 2008 Ford Taurus X (formerly the Ford Freestyle) and 2008 Mercury Sable (formerly the Mercury Montego) debuted at the recent Chicago Auto Show ... Continue reading

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