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April 2009

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Monday, April 27, 2009

TW Steel - A1GP R7 Preview Brands Hatch, Great Britain

TW Steel - A1GP R7 Preview Brands Hatch, Great Britain

Amsterdam, April 27, 2009: Great Britain’s Brands Hatch Grand Prix Circuit once again plays host to the A1GP World Cup of Motorsport this weekend, Friday 1st – Sunday 3rd May, the Kent-based race track a fixture on the schedule since it hosted the inaugural A1GP races in September 2005. A1GP’s return to ... Continue reading

IndyCar Series Notes - April 27, 2009

IndyCar Series Notes - April 27, 2009

Kanaan takes points lead, Dixon vaults from 17th to fourth: Three races, three winners – and the new IndyCar Series points leader heading into the Indianapolis 500 isn’t one of them. Scott Dixon, winner of the Road Runner Turbo Indy 300 April 26 at Kansas Speedway, called it back in November when he was still ... Continue reading

MotoGP Race Report: Grand Prix Of Japan

MotoGP Race Report: Grand Prix Of Japan

INDIANAPOLIS, Sunday, April 26, 2009: Make room for a new man atop MotoGP. Just when it appeared after the season-opening Grand Prix of Qatar that World Champions Casey Stoner and Valentino Rossi would be the riders to beat in 2009, Jorge Lorenzo charged to victory April 26 in the Grand Prix of Japan on his Fiat Yamaha ... Continue reading

John Coughlin opens 2009 Lucas event with semifinal finish

John Coughlin opens 2009 Lucas event with semifinal finish

INDIANAPOLIS, Ind. April 26, 2009: The Team JEGS entries of John and Troy Coughlin Jr. made their 2009 season debuts during this weekend’s opening round of the North Central Division NHRA Lucas Oil Drag Racing Series at O’Reilly Raceway Park in Indianapolis. John unveiled his new Mullis Race Cars dragster wit ... Continue reading

Kester Gains Eight Positions for Championship Points

Kester Gains Eight Positions for Championship Points

Alton, VA (April 26, 2009) – As round two of the Star Mazda Championship presented by Goodyear commenced this afternoon, the four Kester Racing with Team 3G cars found themselves starting the race in four consecutive positions. The first lap saw a series of passing from all four of the drivers, but the overtaking ... Continue reading

Ituran Location and Control Ltd. First Quarter 2009 Results Release and Conference Call Scheduled for Monday, May 18, 2009

Ituran Location and Control Ltd. First Quarter 2009 Results Release and Conference Call Scheduled for Monday, May 18, 2009

Conference Call Scheduled at 10.00am EDT AZOUR, Israel, April 27 -- Ituran Location and Control Ltd. , announced that it will be releasing its first quarter 2009 results on Monday, May 18, 2009, before the US market opens. The Company will also be hosting a conference call later that same day at 10am Eastern Time. On t ... Continue reading

WABCO Reports Q1 2009 Results, Delivers Performance Operating Profit and Strong Cash Flow Despite Severe Industry Slump; Reiterates 2009 Operating Framework

WABCO Reports Q1 2009 Results, Delivers Performance Operating Profit and Strong Cash Flow Despite Severe Industry Slump; Reiterates 2009 Operating Framework

- Q1 2009 sales of $334 million, down 53 percent from prior year and down 45 percent in local currencies, due to the continued severe slump in commercial vehicle industry - Q1 2009 gross profit margin of 17.4 percent, down from 27.8 percent a year ago; gross profit margin of 24.0 percent on a performance basis, down fr ... Continue reading

Timken Reports First-Quarter Results, Updates Full-Year Outlook and Announces Dividend

Timken Reports First-Quarter Results, Updates Full-Year Outlook and Announces Dividend

CANTON, Ohio--The Timken Company today reported sales of $960.4 million during the first quarter of 2009, a decrease of 33 percent over the same period a year ago. Significant volume declines due to weaker demand across most of the company’s end markets and the impact of lower surcharges and currency more than off ... Continue reading

Allison Transmission Achieves Record Hybrid Sales

Allison Transmission Achieves Record Hybrid Sales

Allison Transmission, Inc. Communications Indianapolis, Indiana, U.S.A. Allison Transmission maintains leadership of the global bus and coach market and achieves record hybrid sales Allison sales near 50,000 in 2008 with new releases and increasingly popular hybrid systems Shanghai - Allison Transmission, the premier g ... Continue reading

Scania Interim Report January-March 2009

Scania Interim Report January-March 2009

STOCKHOLM, Sweden--Regulatory News: - Operating income fell to SEK 506 m. (3,604) - Net sales decreased by 28 percent to SEK 15,859 m. (21,991) - Earnings per share fell to SEK 0.22 (3.14) - Cash flow amounted to SEK 874 m. (1,686) in Vehicles and Services - At present, Scania foresees no change in the demand for vehic ... Continue reading

Details of Ford Motor Company's April U.S. Sales Conference Call

Details of Ford Motor Company's April U.S. Sales Conference Call

DEARBORN, Mich., April 27 - Ford Motor Company will release its April U.S. sales results at approximately noon ET Friday, May 1. At 1 p.m. ET, George Pipas, Ford U.S. sales analyst, will host a conference call for the investment community and news media to discuss the results and related market trends. Conference Call ... Continue reading

Commercial Vehicle Group Announces First Quarter 2009 Conference Call

Commercial Vehicle Group Announces First Quarter 2009 Conference Call

NEW ALBANY, Ohio, April 27 -- Commercial Vehicle Group, Inc. will hold its quarterly conference call to discuss first quarter 2009 results on Thursday, April 30, 2009, at 10:00 a.m. ET. The Company will issue an earnings announcement prior to the conference call. Mervin Dunn, President and Chief Executive Officer, and ... Continue reading

H&E Equipment Services Announces 2009 First Quarter Earnings and Conference Call Date

H&E Equipment Services Announces 2009 First Quarter Earnings and Conference Call Date

BATON ROUGE, La.--H&E Equipment Services, Inc. today announced that it will release its 2009 first quarter financial results before the market on Wednesday, May 6, 2009. The Company will also hold a conference call to discuss first quarter results on Wednesday, May 6, 2009, at 10:00 a.m. (Eastern Time). To listen to th ... Continue reading

ArvinMeritor Hosts Conference Call and Web Cast to Present Fiscal Year 2009 Second-Quarter Earnings Report

ArvinMeritor Hosts Conference Call and Web Cast to Present Fiscal Year 2009 Second-Quarter Earnings Report

TROY, Mich., April 27 -- ArvinMeritor, Inc. will host a conference call and Web cast to present the company's fiscal year 2009 second-quarter financial results on Tuesday, May 5, 2009, at 4:30 p.m. (ET). To participate, call (617) 213-4854 ten minutes prior to the start of the call. Please reference pass code 85210970 ... Continue reading

InfinitiUSA Mobile Web Site Selected as Finalist for 2009 Webby Award

InfinitiUSA Mobile Web Site Selected as Finalist for 2009 Webby Award

FRANKLIN, Tenn., April 27 -- InfinitiUSA Mobile, a new mobile site extension of InfinitiUSA.com, has been selected as one of five nominees in the 13th Annual Webby Awards in the "Mobile Marketplace & Services" category. InfinitiUSA Mobile is up for two awards - the Webby Award (selected by the International Academy of ... Continue reading

Flexible Manufacturing Comes To Ford Louisville Truck Plant

Flexible Manufacturing Comes To Ford Louisville Truck Plant

LOUISVILLE, Ky., April 23, 2009; Ford Motor Company has completed a $200 million investment in the retooling of its Kentucky Truck Plant for production of the Ford Expedition and Lincoln Navigator. The retooling includes the installation of a flexible body shop that will allow the plant to produce more fuel efficient 2 ... Continue reading

Webasto Converges on Capitol Hill to Showcase Environmental Innovation That Reduces Fuel Consumption, Greenhouse Gas

Webasto Converges on Capitol Hill to Showcase Environmental Innovation That Reduces Fuel Consumption, Greenhouse Gas

Award-winning Technology on Capitol Grounds Wednesday FENTON, Mich., April 27 -- Webasto Product North America is making a big impact in the fight to save the planet through innovation, engineering and technology, and the company is making its presence known on Capitol Hill next week with congressional office visits an ... Continue reading

Economic Concerns Shift Americans Attitudes about Their Cars

Economic Concerns Shift Americans Attitudes about Their Cars

ST. PAUL, Minn.--As the economic slide continues, Americans are focused on preserving their assets and protecting their household budgets. And when it comes to their vehicles, Americans now look at their cars as valuable assets worthy of investing time and elbow grease to keep them running and looking good, so shows th ... Continue reading

Volkswagen Group of America Chattanooga Operations Names Community Relations Specialist

Volkswagen Group of America Chattanooga Operations Names Community Relations Specialist

CHATTANOOGA, Tenn., April 27 -- Volkswagen Group of America Chattanooga Operations, LLC today named April Wortham as Community Relations Specialist, effective immediately. Wortham, 31, comes to Volkswagen from Automotive News, where she spent the last several years as a reporter in the trade publication's Nashville, Te ... Continue reading

First Advantage Corporation Reports Operating Results for the First Quarter of 2009

First Advantage Corporation Reports Operating Results for the First Quarter of 2009

POWAY, Calif., April 27 -- First Advantage Corporation ("the Company"), a global risk mitigation and business solutions provider, today announced operating results for the first quarter ended March 31, 2009. First Advantage reported income from continuing operations of $10.8 million (18 cents per diluted share) for the ... Continue reading

United Components to Release First Quarter 2009 Earnings and Conduct Its Earnings Call on May 13, 2009

United Components to Release First Quarter 2009 Earnings and Conduct Its Earnings Call on May 13, 2009

EVANSVILLE, Ind.--United Components, Inc. will report financial results for the first quarter of 2009 on Tuesday May 12, 2009. Following the earnings release, the Company will conduct its quarterly conference call for investors and other interested parties on Wednesday May 13, 2009 at 11:00 a.m. Eastern Time. Bruce Zor ... Continue reading

Daimler Reaches Agreement on Separation from Chrysler

Daimler Reaches Agreement on Separation from Chrysler

- Agreement with US Pension Benefit Guaranty Corporation (PBGC), Chrysler and Cerberus on pending issues - Redemption of remaining 19.9% shareholding STUTTGART, Germany, April 27 -- Daimler AG (stock-exchange abbreviation DAI), Chrysler, Cerberus and the US Pension Benefit Guaranty Corporation (PBGC) signed a binding t ... Continue reading

HR 2057, The Motor Vehicle Owners' Right to Repair Act, Reintroduced in Congress

HR 2057, The Motor Vehicle Owners' Right to Repair Act, Reintroduced in Congress

Sponsors Towns-Eshoo-Miller Put Motoring Consumers Back In The Driver's Seat, say CARE & AAIA ALEXANDRIA, Va., April 27 /PRNewswire-USNewswire/ -- The Motor Vehicle Owners' Right to Repair Act, legislation that allows consumers to continue to choose where they have their vehicles repaired was reintroduced into the 111t ... Continue reading

GM President and CEO Fritz Henderson Updates Media on Revised GM Viability Plan - COMPLETE VIDEO

GM President and CEO Fritz Henderson Updates Media on Revised GM Viability Plan - COMPLETE VIDEO

DETROIT - April 26, 2009: General Motors President and CEO Fritz Henderson will host a press conference on Monday, April 27, to update the media on GM's revised viability plan. The press conference will run from 9 to 10 a.m. EDT in the Renaissance Conference Center located in Tower 300, Level 2, of the Renaissance Cent ... Continue reading

LoJack Launches Stolen Vehicle Recovery System in Greater Reno Area

LoJack Launches Stolen Vehicle Recovery System in Greater Reno Area

Residents Now Have a Powerful Vehicle Theft Protection Solution RENO, Nev., April 27 -- At a press event here today, LoJack Corporation , the premier worldwide provider of tracking and recovery systems, announced that its Stolen Vehicle Recovery System, a time-tested Radio Frequency-based theft protection solution, is ... Continue reading

Toyota Announces Equipment Safety Recall on Select Vehicles

Toyota Announces Equipment Safety Recall on Select Vehicles

TORRANCE, Calif., April 27 -- Toyota Motor Sales, USA, Inc. will launch an Equipment Safety Recall with the National Highway Traffic Safety Administration (NHTSA) involving approximately 39,100 Toyota Stainless Steel Exhaust Tip retention Clamps. This optional accessory was designed specifically for 2008 model year Hig ... Continue reading

EMS Teams With MATRA for the Rebirth of a Legend: The Limited Edition TidalForce(TM) M-750 x2.0 Electric Bike

EMS Teams With MATRA for the Rebirth of a Legend: The Limited Edition TidalForce(TM) M-750 x2.0 Electric Bike

DULLES, Va., April 27 -- Electric Motion Systems, LLC (EMS), designer of the E+ Electric Bike, has teamed with MATRA Manufacturing & Services, the French Light Electric Vehicle (LEV) company, to update a legend -- the TidalForce(TM) M-750 electric bike. In a Limited Edition of just 240 units, each with the E+ 1000 watt ... Continue reading

Nissan Introduces New Structure in The Americas

Nissan Introduces New Structure in The Americas

FRANKLIN, Tenn., April 27 -- As Nissan enters its 2009 fiscal year, the company has introduced a new management and operational structure for the Americas designed to capitalize on synergies across the region while focusing on individual market and consumer needs. (Logo: http://www.newscom.com/cgi-bin/prnh/20080506/NIS ... Continue reading

100 percent recyclable material helps meet End-of-Life Vehicle targets at 2015

100 percent recyclable material helps meet End-of-Life Vehicle targets at 2015

jsp logo_arpro News Release New ELV regulations no problem for ARPRO 100 percent recyclable material helps meet End-of-Life Vehicle targets at 2015 An independent Life Cycle Assessment (LCA) has confirmed that ARPRO components will help OEMs meet the forthcoming End-of-Life Vehicle (ELV) targets. The efficient recyclin ... Continue reading

TheHut.com's Top Performers Hit the Road in Toyota iQs

TheHut.com's Top Performers Hit the Road in Toyota iQs

Online retailer, TheHut.com is one of the first UK organisations to adopt the new Toyota iQ as its company car. An incentive for star performers, as well as an on-car branding opportunity and an environmental statement, TheHut.com has issued the economical car to 15 staff. ... Continue reading

New Toyota Verso: More "Verso" Than Ever

New Toyota Verso: More "Verso" Than Ever

Toyota's rapidly expanding UK model line-up gains another new member this week with the sales launch of new Verso, bringing more style, space, safety and advanced equipment features to the compact MPV segment. ... Continue reading

New Fiat Grande Punto Fleet Powers Into E.ON

New Fiat Grande Punto Fleet Powers Into E.ON

More than 100 new Fiat Grande Punto vans have been delivered to leading power company E.ON in a deal designed to generate new savings in fuel, CO2 levels and cost of ownership. ... Continue reading

Low Cost Electric Supercharger Eliminates Smoke from Diesel Engines

Low Cost Electric Supercharger Eliminates Smoke from Diesel Engines

Smoke emissions produced by turbocharged diesel engines under heavy load conditions - such as when accelerating from low engine speeds and other similar transient manoeuvres - can be all but eliminated by a relatively simple and low cost electric supercharger says automotive CO2 reduction specialist Controlled Power Te ... Continue reading

Duty Calls For Fiat's Range of Low Emissions Cars

Duty Calls For Fiat's Range of Low Emissions Cars

Company car drivers choosing Fiat's most popular models are set to benefit from changes announced in the Budget that reward low emissions vehicles with reduced Vehicle Excise Duty. ... Continue reading

Gas-Powered Iveco Daily Enters Full Production for the UK Market

Gas-Powered Iveco Daily Enters Full Production for the UK Market

Iveco is gearing-up production of its right-hand drive natural gas powered Daily following the success of a six month trial which saw the vehicle used for recycling and street cleansing operations on behalf of Camden Council. ... Continue reading

Arden Supercharger Kit for Range Rover V8 SC Engines

Arden Supercharger Kit for Range Rover V8 SC Engines

Arden developed a supercharger kit for Range Rover V8 supercharged engines, easy to be installed in every qualified workshop. The extensive development and testing resulted in a high-end supercharger with a gain approx of 80hp (59kW) and 100Nm torque. ... Continue reading

2009 Volkswagen Routan Review

2009 Volkswagen Routan Review

THE AUTO PAGE By John Heilig MODEL: 2009 Volkswagen Routan ENGINE: 3.8-liter V6 HORSEPOWER/TORQUE: 197 hp @ 5200 rpm/230 lb.-ft. @ 4000 rpm TRANSMISSION: 6-speed automatic with manual shift mode WHEELBASE: 121.2 in. LENGTH X WIDTH X HEIGHT: 202.5 x 76.9 x 68.9 in. TIRES: P225/65R16 CARGO VOLUME: 83/144 cubic feet (3rd/ ... Continue reading

Former Magna International Executive Joins Azure Dynamics' Board of Directors

Former Magna International Executive Joins Azure Dynamics' Board of Directors

OAK PARK, MI, April 27 -- Azure Dynamics Corporation (TSX: AZD & LSE: ADC) ("Azure" or the "Company") a leading developer of hybrid electric and electric powertrains for commercial vehicles, today announced the appointment of J. Brian Colburn to its Board of Directors, subject to normal regulatory approvals and procedu ... Continue reading

GPS Insight Launches Garmin Integration

GPS Insight Launches Garmin Integration

SCOTTSDALE, Ariz.--GPS Insight, a leading supplier of GPS tracking hardware and software solutions for commercial and municipal fleets, announces its capability to integrate with supported Garmin nüvi devices. With GPS Insight’s GPSI-4000, customers may now send destinations to several supported Garmin navigati ... Continue reading

Krispy Kreme Launches MINI Cooper Sweepstakes to Complement Big Menu Addition

Krispy Kreme Launches MINI Cooper Sweepstakes to Complement Big Menu Addition

New Mini Doughnuts Filled With Huge Flavor and Signature Taste WINSTON-SALEM, N.C., April 27 -- It's said that good things come in small packages, and Krispy Kreme Doughnuts, Inc.'s newest introduction, the mini doughnut, is no exception. In addition to these mini treats, Krispy Kreme is giving doughnut fans an even bi ... Continue reading

Pricelock and Wright Express Team Up to Expand Fuel Price Risk Management Program Options for Fleets

Pricelock and Wright Express Team Up to Expand Fuel Price Risk Management Program Options for Fleets

SOUTH PORTLAND, Maine--Pricelock, the world’s only electronic marketplace offering fuel hedging to businesses, and Wright Express [NYSE: WXS] have joined forces to offer fuel price and budget risk management solutions to Wright Express fleet customers. The new partnership enables Pricelock and Wright Express to pr ... Continue reading

Molex Creates the HSAutoLink™ Interconnect System to Meet Automakers’ Mechanical Requirements

Molex Creates the HSAutoLink™ Interconnect System to Meet Automakers’ Mechanical Requirements

LISLE, Ill.--Molex Incorporated introduced today the HSAutoLink™ Interconnect System, an emerging high-speed data bus for vehicles, to meet the needs of the "Connected Vehicle” (Vehicle-to-Vehicle communications, Infotainment and Telematics). The high speed data bus connector and cabling system encompasses te ... Continue reading

GEICO Honors the Military’s Top 6 Safety and Service Leaders

GEICO Honors the Military’s Top 6 Safety and Service Leaders

WASHINGTON--Tonight GEICO will honor six members of the military with the GEICO Military Service Award for their generous acts of service to their communities. “I am honored to celebrate this year’s awardees,” said GEICO Chairman Tony Nicely. “For 21 years we’ve recognized exceptional military ... Continue reading

Research and Markets: Strain Rate Testing of Metallic Materials and their Modelling for use in CAE based Automotive Crash Simulation Tools (Recommendations & Procedures)

Research and Markets: Strain Rate Testing of Metallic Materials and their Modelling for use in CAE based Automotive Crash Simulation Tools (Recommendations & Procedures)

DUBLIN--Research and Markets (http://www.researchandmarkets.com/research/14a721/strain_rate_testin) has announced the addition of Rapra Technology Ltd's new report "Strain Rate Testing of Metallic Materials and their Modelling for use in CAE based Automotive Crash Simulation Tools (Recommendations & Procedures)" to the ... Continue reading

Industrial Mover Lawson Drayage, Inc. Introduces Zero-Emissions Fleet

Industrial Mover Lawson Drayage, Inc. Introduces Zero-Emissions Fleet

HAYWARD, Calif.--Lawson Drayage, Inc., a Northern California leader in industrial moving, announced today the addition of four new “zero-emissions” trucks to their existing “zero-emissions” rigging and heavy transportation fleet. Lawson’s new “green” trucks are equipped with state-of- ... Continue reading

Research and Markets: Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing Industry in the U.S. and Its Foreign Trade 2009

Research and Markets: Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing Industry in the U.S. and Its Foreign Trade 2009

DUBLIN--Research and Markets (http://www.researchandmarkets.com/research/22e9c9/speed_changer_ind) has announced the addition of Supplier Relations US, LLC's new report "Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing Industry in the U.S. and its Foreign Trade [2009 Edition]" to their offering. The S ... Continue reading

2010 BMW X5 M and X6 M Pricing

2010 BMW X5 M and X6 M Pricing

The latest models from BMW’s M Division arrive in U.S. Dealers this Fall. Woodcliff Lake, NJ April 27, 2009; On the occasion of the world debut of the BMW X5 M at the Shanghai International Auto Show, BMW today announced U.S. retail pricing for both the X5 M and the X6 M. The X6 M was unveiled for the first time a ... Continue reading

Ferrari 250 GT Coupé Pinin Farina restored by Ferrari Classiche Wins Best Restoration Prize at the 2009 Concorso d'Eleganza Villa d'Este

Ferrari 250 GT Coupé Pinin Farina restored by Ferrari Classiche Wins Best Restoration Prize at the 2009 Concorso d'Eleganza Villa d'Este

The Concorso d'Eleganza Villa d'Este celebrated its 80th anniversary this year, once again attracting 50 stunning cars built between the 1920s and 1970s to the grounds of the eponymous Lake Como villa. All of the cars shown were of enormous historical value and either in pristine condition or restored. ... Continue reading

Volkswagen India Starts Pre-Series Production of the New Polo

Volkswagen India Starts Pre-Series Production of the New Polo

Volkswagen India today starts the pre-series production of its most anticipated mid-segment model, the new Polo at its Pune plant. The new Minister for Economics, Labour and Transportation of the German Federal State of Lower Saxony, Dr. Philipp Rösler, visited the plant at Chakan to give the go ahead for the first we ... Continue reading

Useful Technology on Show at L'Atelier Renault

Useful Technology on Show at L'Atelier Renault

From remote-controlled central locking developed in the 1980s through to keyless entry, Renault has always been at the leading edge of useful technology available to the greatest number. With the launch of New Renault Clio, Renault Grand Scénic and Laguna Coupé, Renault is continuing to deliver "useful" innovation wi ... Continue reading

2009 Toyota Venza 4WD Review

2009 Toyota Venza 4WD Review

THE AUTO PAGE By John Heilig MODEL: 2009 Toyota Venza 4WD ENGINE: 3.5-liter DOHC V6 HORSEPOWER/TORQUE: 268 hp @ 6200 rpm/246 lb.-ft. @ 4700 rpm TRANSMISSION: 6-speed automatic with sequential shift WHEELBASE: 109.3 in. LENGTH X WIDTH X HEIGHT: 189.0 x 75.0 x 63.4 in. TIRES: P245/50R20 CARGO VOLUME: 30.7/70.1 cubic feet ... Continue reading

GM's Updated Viability Plan Speeds, Deepens Restructuring of U.S. Operations

GM's Updated Viability Plan Speeds, Deepens Restructuring of U.S. Operations

DETROIT -- General Motors today presented an updated Viability Plan that will speed the reinvention of GM's U.S. operations into a leaner, more customer-focused, and more cost-competitive automaker. The Viability Plan is included in an exchange offer whereby GM is offering certain bondholders shares of GM common stock ... Continue reading

GM Launches Exchange Offers and Consent Solicitations for Outstanding Notes

GM Launches Exchange Offers and Consent Solicitations for Outstanding Notes

Common stock plus accrued interest in cash offered for $27 billion of outstanding public debt Successful exchange to result in at least $44 billion reduction in total liabilities from bondholders, U.S. Treasury and VEBA Bondholders to own 10 percent of GM after successful exchange offer Exchange contingent on VEBA modi ... Continue reading

BREAKING NEWS: Pontiac to be Phased Out After 2010...Hummer, Saab, Saturn No Future at GM After 2009...Will Go Bankrupt to Re-Organize if Necessary

BREAKING NEWS: Pontiac to be Phased Out After 2010...Hummer, Saab, Saturn No Future at GM After 2009...Will Go Bankrupt to Re-Organize if Necessary

DETROIT - April 27, 2009: In an early morning live press conference today, Fritz Henderson, General Motors' President and CEO, announced that the company's North American plans are to move ahead with only four core brands: Cadillac, Chevrolet, GMC and Buick. Henderson said that after long careful analysis that GM sees ... Continue reading

Mahindra's Auto Sector Posts Highest Ever Domestic Monthly Utility Vehicles Sales as Australia Eagerly Awaits the New Pik-Up Model

Mahindra's Auto Sector Posts Highest Ever Domestic Monthly Utility Vehicles Sales as Australia Eagerly Awaits the New Pik-Up Model

Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the US $6.7 billion Mahindra Group, announced domestic sales of 25,748 units in March 2009 - its highest ever monthly automotive sales figures. ... Continue reading

Lamborghini Selects Alcoa to Supply Lightweight Wheels For Murciélago LP 670-4 Superveloce

Lamborghini Selects Alcoa to Supply Lightweight Wheels For Murciélago LP 670-4 Superveloce

Alcoa Wheel Products has been selected by Automobili Lamborghini to supply lightweight wheels for its Murciélago LP 670-4 SuperVeloce (SV). The forged alloy wheels reduce unsprung weight and contribute to the SV's 100kg mass reduction over the standard Murciélago. ... Continue reading

Navistar First Truck and Bus Maker to Receive Hybrid Certification from California Air Resources Board

Navistar First Truck and Bus Maker to Receive Hybrid Certification from California Air Resources Board

WARRENVILLE, Il --Navistar continues to blaze new trails through the hybrid landscape, becoming the first truck and bus manufacturer to receive total hybrid vehicle certification from the California Air Resources Board (CARB) for improving fuel economy and overall emissions. The innovative integration of an optimized e ... Continue reading

Pedata RV Reveals RV Owners Less Stressed than Most Americans

Pedata RV Reveals RV Owners Less Stressed than Most Americans

Pedata RV acknowledges RV owners frequent short trips reduce stress. According to research conducted by the Mayo Clinic, taking mini-vacations from usual routines reduces anxiety, irritability, insomnia and depression. Nine out of ten motorhomes owners take three more short trips in the spring and summer lasting betwee ... Continue reading

LTI Vehicles Participate in £2000 Government Scrappage Scheme

LTI Vehicles Participate in £2000 Government Scrappage Scheme

LTI Vehicles have confirmed that they will participate in the Government's "scrappage" scheme which will give the owners of 10 years and older vehicles a £2000 incentive to purchase a new vehicle. ... Continue reading

Aston Martin One-77 Wins Top Design Award at the Concorso d'Eleganza, Villa d'Este

Aston Martin One-77 Wins Top Design Award at the Concorso d'Eleganza, Villa d'Este

At its world debut this weekend, the Aston Martin One-77 has won the Concorso d'Eleganza Design Award for Concept Cars and Prototypes on the shores of Lake Como, Italy. ... Continue reading

Brilliant Winner Lights up the Concorso d'Eleganza Villa d'Este 2009

Brilliant Winner Lights up the Concorso d'Eleganza Villa d'Este 2009

The Concorso d'Eleganza Villa d'Este 2009 has produced a brilliant winner. An Alfa Romeo 8C 2900B Berlinetta Touring claimed victory in the coveted Trofeo BMW Group, awarded by the Jury to the "best of show" at the Concorso. ... Continue reading

Audi with Clearly Positive Operating Profit in First Quarter

Audi with Clearly Positive Operating Profit in First Quarter

Despite the economic crisis, the Audi Group posted a clearly positive operating profit in the first quarter of 2009. From January through March of the current year, the Audi brand grew its market share in Western Europe to 4.6 percent (2008: 4.1 percent), putting it at the top of the premium segment. ... Continue reading

Mazda Builds First RX-8 Hydrogen RE for Norway

Mazda Builds First RX-8 Hydrogen RE for Norway

Hiroshima, Apr 24, 2009; Mazda Motor Corporation today announced that it has built the first Mazda RX-8 Hydrogen RE vehicle with Norwegian specifications, developed specifically for participation in HyNor, Norway's national hydrogen project. The first unit will take part in ceremonies marking the official opening of Hy ... Continue reading

GM to Announce Brand Changes, Restructuring Moves

GM to Announce Brand Changes, Restructuring Moves

GM to hold news conference 9 AM Monday to announce brand changes, restructuring moves DETROIT April 26, 2009; Tom Krisher writing for the AP reported that General Motors Corp. will announce details of its massive restructuring plan on Monday, including the demise of its storied Pontiac brand, more factory closures and ... Continue reading

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