Renewable Energy and Ag Groups Oppose Anti-American Anti-Ethanol Amendments
WASHINGTON, DC â A coalition of renewable energy and agriculture advocates signed a letter sent to all Members of the House of Representatives today urging opposition to amendments that would weaken efforts to reduce our nationâs dependence on foreign oil and cost U.S. jobs. The letter was signed by Growth En ... Continue reading
Dana Holding Corporation Reports Second-Quarter Results and Raises Full-Year Guidance
Dana Holding Corporation today announced its second-quarter 2011 results, including net income of $68 million and adjusted EBITDA of $201 million, which compared to $9 million and $154 million, respectively, for the prior-year period. ... Continue reading
Sofcoast Names Scott Swanson Executive Vice President
Sofcoast, Inc., designer and manufacturer of the ASAP XP MAKO hybrid air vehicle is pleased to announce that Mr. Scott Swanson has joined the Sofcoast team, as Executive Vice President, effective June 20, 2011. Within this role, Mr. Swanson will be leading Federal Sales. Sofcoast Founding CEO, John Surmont, stated, "So ... Continue reading
Tenneco to Webcast Presentation at the 2011 J.P. Morgan Auto Conference
Tenneco will participate in the 2011 J.P. Morgan Auto Conference to be held in Detroit, Michigan on Wednesday, August 10, 2011. Tenneco's Chairman and Chief Executive Officer, Gregg Sherrill, will present at 10:05 am ET. ... Continue reading
ConocoPhillips Reports Second-Quarter Earnings of $3.4 Billion or $2.41 Per Share
ConocoPhillips today reported $3.4 billion second-quarter earnings and $3.4 billion adjusted earnings. This compares with second-quarter 2010 earnings of $4.2 billion and adjusted earnings of $2.5 billion. We had a solid quarter," said Jim Mulva, chairman and chief executive officer. ... Continue reading
Vintage Automotive Event - Coke is it at LeMay - America's Car Museum
TACOMA, July 28, 2011: Things go better with Coke, especially at LeMay â Americaâs Car Museum (ACM), which today signed a five-year sponsorship agreement with Coca-Cola® to be the âPreferred Soft Drinkâ� throughout the nine-acre campus thatâs set to open in May 2012. âCoca-Cola is ... Continue reading
Goodyear Reports Higher Second Quarter Earnings on 24% Sales Growth
The Goodyear Tire & Rubber Company today reported record sales and higher earnings for the second quarter of 2011. "I'm very pleased with our outstanding second quarter results, which represent another step on the path toward our 2013 targets," said Richard J. Kramer, chairman and chief executive officer. "They present ... Continue reading
Lentuo Announces Two New Dealerships in China
Lentuo International Inc. ("Lentuo" or the "Company"), the largest non-state-owned automobile retailer in Beijing as measured by new vehicle sales revenue, today announced it has completed the acquisition of Huizhou FAW-Volkswagen Sales and Service Ltd. Co. ("Huizhou FAW-VW") and signed a binding Letter of Intent ("LOI ... Continue reading
BorgWarner Reports Second Quarter U.S. GAAP Earnings of $1.31 Per Diluted Share
BorgWarner Inc. today reported second quarter 2011 U.S. GAAP earnings of $1.31 per diluted share. Excluding non-recurring items, earnings were $1.12 per diluted share, a new record for the company, up 44% from $0.78 per diluted share in second quarter 2010. Sales were up 28% from second quarter 2010, while global vehic ... Continue reading
Exxon Mobil Corporation Declares Third Quarter Dividend
The Board of Directors of Exxon Mobil Corporation today declared a cash dividend of 47 cents per share on the Common Stock, payable on September 9, 2011 to shareholders of record of Common Stock at the close of business on August 12, 2011. This third quarter dividend is at the same level as the dividend paid in the sec ... Continue reading
Dealer Satisfaction with Lenders Increases from 2010, Led by Improvement by Banks
Dealer satisfaction with automotive financing lenders has increased notably in 2011, with improvement by certain banks outpacing gains by captive lenders, particularly in the prime retail credit space, according to the J.D. Power and Associates 2011 U.S. Dealer Financing Satisfaction Study(SM) released today. ... Continue reading
SPX Corporation's Service Solutions business unit today announced the worldwide availability of the company's next generation Robinair AC1234 Automotive Air Conditioning Recovery machines for vehicle servicing. Additionally, the company announced that two of its new Robinair units (AC1234-7 and AC1234-8) have recently ... Continue reading
Citroën Rolls Out Newest DS4 Model
With Photo French car manufacturer, PSA Peugeot-Citroën, is using Vibrant's new Aura contextual advertising unit to raise awareness of the newly launched Citroën DS4 hatchback. The campaign will run until the end of September 2011, across Auto and Lifestyle sites within Vibrant's network of 6,000 premium publishers. ... Continue reading
TechShop Detroit, a joint project between Ford and do-it-yourself (DIY) enterprise TechShop, is scheduled to open in November in Allen Park, Mich. Ford and TechShop will preview the facility this week during Maker Faire Detroit, held July 30-31 at The Henry Ford in Dearborn Ford reveals plan to incorporate a first-of-i ... Continue reading
IR Creates Intelligent Power Switch Family Featuring Current Sensing for Automotive Applications
International Rectifier, IR , a world leader in power management technology, today introduced the AUIR331x family of high-side intelligent power switch (IPS) devices with accurate current-sensing and built-in protection circuits for automotive applications. The new IPS devices enhance reliability in intelligent glow-pl ... Continue reading
Special Motorsports Event - One City, Two Tracks: One Massive NASCAR Weekend
Indianapolis, July 28, 2011: Besides the season-opening weekend at Daytona International Speedway, these upcoming few days might rank at the top of any âBiggest NASCAR Weekends Of 2011â� lists. Hereâs why ⦠NASCAR Sprint Cup Series at Indianapolis Motor Speedway Itâs the Brickyard 400. Per ... Continue reading
Sprint Cup - Wild Card Watch: Threesome Favorites To Kiss The Bricks
Indianapolis, July 28, 2011: âHome of Championsâ� is a slogan attached to many venues. Sometimes itâs apt. Most times itâs exaggeration. At Indianapolis Motor Speedway, it fits brilliantly. Of the 17 races run at Indy, 14 have been won by past, reigning or future series champions. ... Continue reading
Sprint Cup - Standings Battle Gets Fierce With 14 Races To Go
Daytona, July 28, 2011: No one has been able to run away with the points lead this season and the trend continues into Lucas Oil Raceway â the top-three drivers are separated by 14 points. Turner Motorsportsâ Reed Sorenson leads the way with 14 races to go just five points ahead of Roush Fenway Racingâs ... Continue reading
Special Motorsports Event - MIA Takes Motorsport To Parliament In Order To Help Create Jobs
London, July 28, 2011: The Motorsport Industry Association (MIA) took leading employers from the UK high-performance engineering and motorsport industry to meet key members of the British Parliament recently. This group outlined the jobs and investment opportunities arising from a surge in export and domestic business, ... Continue reading
Sprint Cup - Snapping Another Jinx Is Smith's Indy Goal
DENVER, July 28, 2011: It's been a year of snapping jinxes for Regan Smith, who is looking to erase more bad memories while competing in this weekend's Brickyard 400 Sprint Cup race at Indianapolis Motor Speedway. The Furniture Row Racing driver is looking to reverse the misfortunes that he encountered at the last two ... Continue reading
JEGS CRA All Star Series - Rookie Leader Coughlin Excited About Challenges Of Rockford Speedway
LOVES PARK, July 28, 2011: Cody Coughlin and the JEGS Chevrolet team tackle another new racetrack this weekend when Coughlin competes in the JEGS CRA All-Stars Tour Stanley Steemer 100 at Rockford Speedway. The 15-year-old Coughlin has adapted well to the heavy, full-bodied stock cars this season, as he's leading the H ... Continue reading
Sprint Cup - Brickyard 400 Fans; Plan Ahead For Race Day Traffic
INDIANAPOLIS, July 28, 2011: Indianapolis Motor Speedway officials are encouraging fans to plan ahead for their trip to the Brickyard 400 presented by Big Machine Records.com on Sunday, July 31. IMS officials recommend that fans leave early for the track on Race Day. Fans can get all the latest traffic information and ... Continue reading
A Florida public school district is switching its school bus fleet to natural gas, cutting fuel costs by up to 40 percent and reaping the benefit of private sales, thanks to a landmark partnership with a company that is building a network of CNG and LNG fueling stations around the state. ... Continue reading
OnStar Educates Its Salespeople with Creative Channel Services
Creative Channel Services (CCS), a leading retail marketing agency, today announced that OnStar has chosen CCS as its online learning partner to support OnStar's recently released For My Vehicle (FMV) product. Information on OnStar FMV is being distributed over CCS' CyberScholar Retail Network, the free online training ... Continue reading
GM Foundation, Chevrolet Donate $250,000 to the Travis Manion Foundation
As the nation nears the 10th anniversary of the September 11 terrorist attacks, the General Motors Foundation and Chevrolet today donated $250,000 to the Travis Manion Foundation to help grow participation around the country in the 9/11 Heroes Run. The 9/11 Heroes Run will bring communities together in more than 25 U.S ... Continue reading
Chrysler Announces Top 15 Mopar Accessories for FIAT 500
More than 150 quality-tested Mopar accessories including key covers, graphics, bike carriers, roof racks, and seat covers Industry-first Wi-Fi allows owners to utilize electronic devices as far as 150 feet from vehicle Complete list of accessories at www.Mopar.com From a $21 locking gas cap to a $1400 body kit, FIAT® ... Continue reading
Get Recharged on September 27th at the Annual eMobility Forum
The following is being issued by the German American Chambers of Commerce: WHO: German American Chamber of Commerce of the Midwest and Germany Trade & Invest bring together US and German OEM industry experts from international electric vehicle companies and suppliers, government entities, academic institutions, and inf ... Continue reading
GKN to Acquire Getrag's Driveline Products Business
GKN plc today announces its agreement to acquire the all-wheel-drive (AWD) components businesses of Getrag KG, the privately held German company controlled by the Hagenmeyer family. The businesses being acquired, together referred to as "Getrag Driveline Products", are Getrag Corporation, a joint venture with Dana Corp ... Continue reading
ILMC - Miller Returns To TOTAL 24 Hours Of Spa Looking To Improve One Spot
SUMMIT, July 26, 2011: Bryce Miller's first experience in the TOTAL 24 Hours of Spa concluded with the American racer standing on the podium holding a second-place trophy in 2009. The New Jersey-based driver, who celebrates his 29th birthday today, is headed back to the famed Belgian circuit this week looking to improv ... Continue reading
ALMS GT3 - Wright Motorsports Drivers In The Heat Of The Action At Mosport
BATAVIA, July 27, 2011: Wright Motorsportsâ drivers held their own in the IMSA GT3 Challenge by Yokohama doubleheader last weekend at Mosport International Raceway in Bowmanville, Ontario, Canada. Kasey Kuhlman of Cincinnati posted two top-10 finishes in the 45-minute races when he placed seventh on Saturday and n ... Continue reading
Sprint Cup - TONY STEWART All Roads Lead to Indy
KANNAPOLIS, July 27, 2011: Before Tony Stewart drove a stock car at Indianapolis Motor Speedway, he drove an Indy car. Before he drove an Indy car around the historic 2.5-mile oval, he drove a tow truck up and down Georgetown Road parallel to the trackâs 3,330-foot-long frontstretch. Before he drove a tow truck, h ... Continue reading
Nationwide Series - Travis Pastrana Makes NASCAR National Series Debut
Indianapolis, July 27, 2011: After back-flipping his way through the ESPN X Games, Travis Pastrana will catch a red-eye flight to Indianapolis to make his first ever start in the NASCAR Nationwide Series this weekend at Lucas Oil Raceway. The long awaited arrival of the action sports star is finally here. Pastrana has ... Continue reading
NASCAR - Drivers Emerge As The Future Of The Series
Daytona, July 27, 2011: This time last season Trevor Bayne lit the wick on his rocket to stardom in NASCAR, posting his first of three consecutive poles at Lucas Oil Raceway. The feat tied a series record, and he went on to finish fourth that night. âI love short-track racing and this race is all about the drivers ... Continue reading
FIA GP3 - American Standout Conor Daly Rolls On Toward Hungary
Noblesville, July 27, 2011: MAZDASPEED driver Conor Daly continues to impress in his maiden season of GP3 Series racing action. The Indiana native will head this weekend to Hungary to take in rounds 11 and 12 of the open wheel series. Daly is knocking on the door of a podium finish after strong performances in the last ... Continue reading
GM Ventures Invests in Solar Power Developer Sunlogics
Investment strengthens GM's Clean Energy Commitment Global solar electric output equivalent to powering 10,000 homes annually General Motors Ventures LLC announced today an equity investment of $7.5 million in Sunlogics PLC, a vertically integrated global solar energy systems provider specializing in solar project deve ... Continue reading
Carjacker Nabbed in 20 Minutes Thanks to Ituran's Driveit Vehicle Tracking and Recovery Device
At exactly 10:35 p.m. Miami Gardens Police Officer, Officer Ruiz, was flagged down by a victim of an armed carjacking. The victim said she was pulled out of her 2010 Toyota Sequoia at gunpoint. With an Ituran Driveit GPS Tracking device in the vehicle she first called Ituran's 24/7 customer service center. During her c ... Continue reading
Volkswagen Brings Bluemotion To Ecovelocity 2011
Visitors to EcoVelocity, the low-carbon motor show being held at Battersea Power Station, London from 8-11 September, will be encouraged by Volkswagen to 'Think Blue', as they get up close and personal with some of the company's latest BlueMotion products, both on the stand and on the track. ... Continue reading
Vauxhall Helps Reduce Avoidable Insurance Write-Offs With 'Total Loss Avoidance Programme'
Every year, thousands of vehicles classified as category C or D after an accident are written off by insurance companies because their repair is deemed too expensive relative to the vehicle's market value. ... Continue reading
Hyundai Opens First One-Stop Training Academy In The UK
The Hyundai Academy - the first in the UK - was yesterday opened by the President of Hyundai Motor Europe, Chang Kyun Han in High Wycombe. ... Continue reading
Ford Of Britain 100: Image Of The Week - 30/52
To celebrate the centenary of Ford of Britain in 2011 the company is exploring its photo archive to reveal rarely seen images. ... Continue reading
Four videos have been commissioned, of which one is available in two versions (to cater for a specific male/female viewer), with Continental Productions. ... Continue reading
Honda Appoints Ed Hummel To Lead Fleet Growth Strategy
Honda (UK) has appointed Ed Hummel as Manager - Corporate Operations to re-establish Honda's position in the fleet market. This appointment reinforces Honda's commitment to increasing fleet sales and building Honda's relationship with corporate customers. ... Continue reading
Maserati Grancabrio Sport Goes On Sale
Maserati GB is delighted to confirm pricing for the new Maserati GranCabrio Sport at £102,615 on the road. The first right-hand drive vehicles will reach UK clients in October 2011. Officially unveiled at the Geneva Motorshow earlier this year, the Pininfarina designed four seater convertible was received with great e ... Continue reading
Top Customer Satisfaction: BMW Group Wins Four Awards In The J.D. Power APEAL Study
The BMW 5 Series range, BMW X3, BMW Z4 and MINI Countryman emerge as winners in the latest customer survey of the North American car market - with current BMW and MINI models scoring top-three placings. ... Continue reading
35 years of the Golf GTI! Volkswagen is celebrating the anniversary of this icon with the new Golf GTI Edition 35. With 173 kW of power (18 kW more than the normal GTI), acceleration from 0 to 100km/h in 6.6 seconds and special looks, this special edition GTI will be a collector's item from day one. ... Continue reading
Kizashi Ranks Highest In JD Power Satisfaction Survey
The Suzuki Kizashi continues to earn high praise around the world, taking out top spot for the midsize class in the annual J.D. Powers vehicle satisfaction survey in the United States. ... Continue reading
Touring Car Revival at 2012 Formula 1 Australian Grand Prix
The eclectic mix of Australian and overseas Touring Cars that turned heads in the 1970s, '80s and early '90s will take to Melbourne's Albert Park circuit as a feature support category of the 2012 Formula 1 Australian Grand Prix from 15-18 March. ... Continue reading
Ford Explorer Sets New Standard for SUV Fuel Efficiency - VIDEO ENHANCED
DEARBORN, Mich., July 28, 2011 -- The completely reinvented Ford Explorer powered by EcoBoost delivers a class-leading EPA rating of 28 mpg on the highway, besting Honda Pilot by more than 20 percent and Toyota Highlander by 12 percent The hot-selling Ford Explorer the 2011 North American Truck of the Year has already ... Continue reading
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