Hayes Lemmerz Amends Credit Agreement
NORTHVILLE, Mich., Jan. 29 -- Hayes Lemmerz International, Inc. announced today that it has concluded an agreement with its lending group to amend its senior secured credit facility. The amendment favorably modifies the leverage ratio and interest coverage ratio covenants for the fourth quarter of fiscal 2008 and each ... Continue reading
Fitch Rates Chrysler Auto WLBVF 2008-A Trust Notes 'AAA'
NEW YORK--Fitch Ratings has assigned the following ratings to the Chrysler Auto WLBVF 2008-A Trust: --$518,682,040 class A floating rate asset-backed notes 'AAA'. The securities have been privately placed and are backed by beneficial interests in a pool of new and used commercial vehicle auto loans contracts and the un ... Continue reading
Hello, Thank you for posting the press release about Beau Boeckmann's participation "The Great Customizers Seminar" at Amelia Island Concours. Unfortunately, Mr. Boeckmann's name was misspelled in the headline of the press release. The headline should read "Beau Boeckmann PARTICIPATES IN "THE GREAT CUSTOMIZERS SEMINAR" ... Continue reading
TOYOTA NASCAR Notes & Quotes - Gridiron Guesses for Sunday's Super Bowl
Various locations, January 29, 2009 - NASCAR Sprint Cup Series (NSCS) Drivers MARCOS AMBROSE, No. 47 Little Debbie Toyota Camry, JTG-Daugherty Racing "I have to go for the Cardinals because of Ben Graham, their punter. He's Australian." KYLE BUSCH, No. 18 M&M's Toyota Camry, Joe Gibbs Racing "I'm going to go with the A ... Continue reading
Luxury Add-ons Provide Personal Styling to Eight Different Vehicle Models
Gurnee, IL January 29, 2009: When RealWheels Corporation acquired their new Cadillac Escalade, they felt that something was missing. âWe admired the styling, however we felt that the door handle area could really use an upgrade,â stated Jan Polka, President of RealWheels. âMany owners of these vehicles c ... Continue reading
LEGENDARY 'GULF ONE' CORVETTE Z06 CROSSES MECUM AUCTION BLOCK AT OVER $1 MILLION
<b><i>Kissimmee, Fla. Auction Breaks Last Year's Sales, Attendance Records</b></i> MARENGO, Ill. january 29, 2009: With the crowd on its feet and attendees cheering with excitement, Mecum dropped the hammer on the historically significant 1963 Gulf Oil Corvette Z06 Race Car as it crossed the block at the Mecum Auction ... Continue reading
NASCAR Champion Greg Biffle Advocates for Animal Spay/Neuter as Spokesperson for SPAY/USA
North Shore Animal League America Program Aims to Save Pets' Lives PORT WASHINGTON, N.Y., Jan. 29 /PRNewswire-USNewswire/ -- Stock car racing superstar Greg Biffle, who finished third in the 2008 NASCAR Sprint Cup Series, is always envisioning the finish line. Now he's heading for another victory, this time to end comp ... Continue reading
UQM Technologies Reports Third Quarter and Nine Month Operating Results
FREDERICK, Colo.--UQM TECHNOLOGIES, INC. (NYSE Alternext US: UQM), a developer of alternative energy technologies, announced today operating results for the quarter and nine months ended December 31, 2008. âDuring the quarter and nine month period ended December 21, 2008 we experienced strong demand for our electr ... Continue reading
Carfax Database Reaches Major Milestone; Six Billion Records Now Available To Public
CENTREVILLE, Va., Jan. 29 -- Carfax today announced its online database of vehicle history information now exceeds six billion records. More than 22,000 sources, such as state DMVs, police departments and insurance companies, report vehicle history information that's housed in the Carfax database. Millions of used car ... Continue reading
Power Sports Factory, Inc. Modifies Andretti Agreement
PENNSAUKEN, N.J.--Power Sports Factory, Inc., (OTCBB:PSPF) announced today that it has reached an agreement with Andretti IV, LLC., to restructure its licensing arrangement for 2008. On January 20, 2009, the Company entered into a modification of its licensing agreement with Andretti IV, LLC, for payments due for the y ... Continue reading
Goodyear to Present at JP Morgan High Yield Conference
AKRON, Ohio, Jan. 29 -- The Goodyear Tire & Rubber Company today said it will webcast its presentation at the JP Morgan High Yield Conference in Miami Beach, Fla. on February 3. (Logo: http://www.newscom.com/cgi-bin/prnh/20050204/GTLOGO ) Darren R. Wells, executive vice president and chief financial officer, will provi ... Continue reading
AUBURN HILLS, Mich., Jan. 29 -- Chrysler LLC reported continued progress in gaining cost concessions from its key constituents as the Company pursues a global strategic alliance with Fiat S.p.A. "The Fiat alliance enhances our viability plan, and we're pleased with the progress of our discussions with Fiat. Meetings wi ... Continue reading
Overnight Parks Filling at Talladega Superspeedway - Reserve Your Space Today!
TALLADEGA, Ala. January 29, 2009: Talladega Superspeedway is urging customers that intend to bring an RV to Talladega Superspeedway to act quickly and reserve their overnight parking spaces today. Several RV overnight parks have already sold-out and the remaining lots are filling fast. âThe demand for our overnigh ... Continue reading
INDYCAR SERIES NOTES - January 29, 2009
1. Bryan Herta Autosport to debut in Firestone Indy Lights: Former IndyCar Series star Bryan Herta has partnered with motorsports veteran Steve Newey to form Bryan Herta Autosport. The team will campaign driver Daniel Herrington in Firestone Indy Lights in 2009. âSteve Newey approached me with the concept of start ... Continue reading
AmeriCredit Reports Second Quarter Operating Results
FORT WORTH, Texas--AMERICREDIT CORP. today announced a net loss of $25.6 million, or $0.21 per share, for its fiscal second quarter ended December 31, 2008, compared to a loss of $19.1 million, or $0.17 per share, for the same period a year earlier. For the six months ended December 31, 2008, AmeriCredit reported a net ... Continue reading
Stoneridge, Inc. to Broadcast Its Fourth-Quarter 2008 Conference Call on the Web
WARREN, Ohio, Jan. 29 -- Stoneridge, Inc. will broadcast its fourth-quarter 2008 earnings conference call live over the Internet on Thursday, February 12, 2009 at 11 a.m. Eastern time with President and Chief Executive Officer, John Corey; and Executive Vice President and Chief Financial Officer, George Strickler. This ... Continue reading
Volvo Announces Pricing: 2010 Volvo XC60
SAN FRANCISCO, Jan. 29 -- Anticipation is growing as Volvo Cars of North America, LLC, (VCNA) today announced pricing of the exciting new 2010 Volvo XC60 T6 AWD small premium utility. With a starting price of just $37,200* for the well-equipped XC60, buyers will have it all: Class-leading safety, stunning design and un ... Continue reading
YATES RACING NAMES BUSINESS DEVELOPMENT TEAM; SANDS AS VICE-PRESIDENT, GENDLE AS DIRECTOR
<b><i>Sands and Gendle will work to bring new sponsorship into NASCAR</i></b> CONCORD, N.C. January 29, 2009: Yates Racing today announced Jon Sands as Vice-President and Mark Gendle as Director of Business Development for the three-tiered NASCAR Sprint Cup Series entry to include the No. 98, No. 28 and No. 96 Hall of ... Continue reading
Lucas, Langdon Welcome Their European Teammate
Lucas, Langdon welcome their European teammate INDIANAPOLIS (Jan. 29) -- Lucas Oil Racing teammates Morgan Lucas and Shawn Langdon are excited to welcome three-time and reigning FIA European Top Fuel champion Andy Carter to their race team for the upcoming 49th annual Kragen Oââ¬â¢Reilly NHRA Winternationals ... Continue reading
SPOKANE COUNTY RACEWAY JOINS THE RANKS OF NHRA MEMBER TRACKS
SPOKANE COUNTY RACEWAY JOINS THE RANKS OF NHRA MEMBER TRACKS GLENDORA, Calif. (Jan. 28, 2008) - Spokane (Wash.) County Raceway has joined the growing list of NHRA member tracks, it was announced today by NHRA officials. The multi-purpose motorsports facility, which includes a drag strip, road course and paved oval, is ... Continue reading
Lowest fees for buyers, same-day pay for sellers ATLANTIC CITY, N.J., Jan. 29 -- Whether you're buying or selling, the Atlantic City Classic Car Show & Auction with the lowest buyer fees of any major auction in the country and same-day pay for sellers is a must-be-there event. It's the East Coast's largest indoor class ... Continue reading
Stevenson Motorsports Race Report - Rolex 24 Hours at Daytona
Attached is a PDF file of the Stevenson Motorsports race report from the Rolex 24 Hours at Daytona race, the opening round of the Grand-Am Rolex Series. The text of the report also appears below for your convenience. A photo of the Stevenson Pontiac GXP.R on track at Daytona is also attached. Media Contact: Andrew S. H ... Continue reading
- Media and Exhibitor Feedback Leads to New Start Day for Journalists - Industry Preview Remains Wednesday and Thursday DETROIT, Jan. 29 -- After showcasing more than 50 new product reveals to approximately 5,500 international journalists, the North American International Auto Show (NAIAS), with input from exhibitors a ... Continue reading
Hollywood's George Barris Reunites with Sonny and Cher Ford Mustangs in Florida
FORT LAUDERDALE, Fla., Jan. 29 -- Legendary Hollywood car customizer, George Barris, reunites with a pair of flamboyant 1966 Ford Mustangs he personalized for pop superstars Sonny and Cher, when RM Auctions Collector Cars of Fort Lauderdale event rolls into Florida next week. Designed to reflect the onstage personas of ... Continue reading
Auto Financial Group Launches “Good News” Campaign
HOUSTON--Auto Financial Group (AFG), an online provider of residual-based financing products for credit unions, announced today the launch of its âGood Newsâ campaign that offers the lease-like benefits of a balloon loan to dealerships, credit unions and their members. Driving Sense offers welcome relief from ... Continue reading
Edmunds.com Forecasts January 2009 Auto Sales
SANTA MONICA, Calif.--This month's new vehicle sales (including fleet sales) are expected to be 730,000 units, a 30.1 percent decrease from January 2008 and a 18.1 percent decrease from December 2008, according to Edmunds.com, the premier online resource for automotive information. âOur research indicates that ret ... Continue reading
Azure Dynamics' Balance Hybrid Electric shuttle bus completes rigorous "Altoona" durability testing
OAK PARK, MI, Jan. 29 -- Azure Dynamics Corporation (TSX: AZD, LSE: ADC & OTCQX: AZDDF) - ("Azure" or the "Company"), a leading developer of hybrid electric and electric powertrains for commercial vehicles, today announced that its revolutionary Balance(TM) Hybrid Electric shuttle bus has been certified by rigorous "Al ... Continue reading
Automakers Urge Department of Transportation to Finalize Fuel Economy Standards Through 2015
WASHINGTON, Jan. 29 /PRNewswire-USNewswire/ -- The following is a statement by Dave McCurdy, President and CEO of Alliance of Automobile Manufacturers: "In directing the Department of Transportation to set new fuel economy standards for MY 2011, President Obama promised a 'sustained effort' to enhance energy security a ... Continue reading
Brumos Porsche 250 to Join Coke Zero 400 in Grand-Am/NASCAR Daytona Doubleheader
DAYTONA BEACH, Fla. January 29, 2009: Grand-Am Road Racing and NASCAR have announced a unique combination for July 4, when the Grand-Am Rolex Sports Car Series presented by Crown Royal Cask No. 16 and the NASCAR Sprint Cup Series will compete on the same day at Daytona International Speedway. The Brumos Porsche 250 wil ... Continue reading
CRP Racing to Run Brian Kubinski in the 2009 SPEED GT Season Opener at Sebring
HARRISBURG, N.C. January 29, 2009: CRP Racing is pleased to announce they will be running Brian Kubinski in the 2009 SCCA Pro Racing SPEED World Challenge GT Toyo Tires season opener in Sebring, Fla., on March 20. Kubinski, of Shorewood, Ill., will drive the No. 12 C6 Chevrolet Corvette. CRP Racing, owned by Nicholas S ... Continue reading
SPEED World Challenge Reclassifies Evo and STi
TOPEKA, Kan. January 29, 2009: SCCA Pro Racing has announced that the Mitsubishi Lancer Evolution VIII and IX, and Subaru Impreza STi will be moved from the SPEED World Challenge GT category to SPEED Touring Car in 2009. Following a wave of changes to the SPEED Touring Car rules over the winter, the SCCA Pro Racing tec ... Continue reading
CONCORD, N.C. January 29, 2009 â Hall of Fame Racing today announced that Academy Sports + Outdoors, a leader in the sports and outdoor industry, will sponsor Bobby Labonte and the No. 96 Ford Fusion for five races in the NASCAR Sprint Cup Series in 2009. The Food City 500 at Bristol Motor Speedway will mark the f ... Continue reading
RICKY STENHOUSE, JR. 2009 PREVIEW
Concord, N.C. (January 28, 2009) - It was just one year ago that Olive Branch, Miss.-native, Ricky Stenhouse, Jr. walked through the doors of Roush Fenway Racing and into the opportunity of lifetime. Stenhouse, Jr. made his stock car debut at Daytona in February of 2008 and in 21 ARCA races, Stenhouse, Jr. claimed two ... Continue reading
Coughlin hopes for repeat of fortunes, in Vegas and beyond
LAS VEGAS January 29, 2009: Last year, Jeg Coughlin Jr. captured the title of the preseason Pro Stock Showdown at The Strip at Las Vegas Motor Speedway and used the momentum of that fast start to charge into the season at full speed. Nine moths later, the 38-year-old from Delaware, Ohio, was hoisting his fourth champio ... Continue reading
Noble International Announces Review of Strategic Alternatives
TROY, Mich., Jan. 29 -- Noble International, Ltd. (the "Company") announced today that it has retained Houlihan Lokey Howard & Zukin Capital, Inc. as the Company's financial advisor to assist the Company in analyzing and considering a wide range of strategic alternatives, including potential transactions. The Company c ... Continue reading
Navistar First to Earn EPA Certification as Both Transport Partner and Truck Manufacturer
WARRENVILLE, Ill.--Navistar continues to distinguish itself as an industry leader in environmental responsibility by becoming the first Original Equipment Manufacturer (OEM) to receive dual certification by the U.S. Environmental Protection Agency (EPA) for helping to reduce greenhouse gas (GHG) emissions. Navistar is ... Continue reading
Registration now open for AMA International Women & Motorcycling Conference
American Motorcyclist Association News Release ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~ Jan. 29, 2009 FOR IMMEDIATE RELEASE Contact: Pete terHorst Phone: (877) 877-8969 E-mail: peter.terhorst@sympoint.com [mailto:peter.terhorst@sympoint.com] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ... Continue reading
IRVINE, Calif.--The Motorcycle Safety Foundation has been awarded a new four-year contract by the Commonwealth of Pennsylvania to continue to administer the stateâs motorcycle safety program through 2012. âThe MSF is extremely proud to have the opportunity to continue to serve the motorcyclists of Pennsylvani ... Continue reading
Beau Boeckmann to Participate in "The Great Customizers Seminar" at Amelia Island Concours d'Elegane
FOR IMMEDIATE RELEASE Contact: Breanna Buhr/Sanaz Bakhtiari/ Irine Krass (818) 992-4353 bbuhr@jmprpublicrelations.com sbakhtiari@jmprpublicrelations.com ikrass@jmprpublicrealtions.com Beau Boeckemann PARTICIPATES IN "THE GREAT CUSTOMIZERS SEMINAR" AT 2009 AMELIA ISLAND CONCOURS D'ELEGANCE Innovative Vehicle Designer to ... Continue reading
Pierce Manufacturing and Harley-Davidson Support Families of Fallen Firefighters
APPLETON, Wis.--One firefighter is killed in the line of duty every 72 hours in America. That startling statistic only hints at the pain and loss endured by the loved ones left behind. Thatâs why Pierce Manufacturing, Inc., an Oshkosh Corporation company, with Harley-Davidson Motor Company, the only major U.S.-bas ... Continue reading
Mercedes-Benz USA Named an Official Patron of the PGA of America
Exclusive Mercedes-Benz presence and sponsorship activities through 2013 MONTVALE, N.J., Jan. 29 -- Mercedes-Benz USA has been named an Official Patron by the PGA of America. As the highest level of partnership and designation granted by the PGA, Mercedes-Benz USA will serve as The Official Vehicle of The PGA of Americ ... Continue reading
National Auto Fraud and Theft Prevention System Goes Live
WASHINGTON, Jan. 29 /PRNewswire-USNewswire/ -- The U.S. Department of Justice today announced the availability of an on-line computer system to help protect states and consumers from automobile fraud and to provide law enforcement with new tools to investigate fraud, theft, and other crimes involving vehicles. The Nati ... Continue reading
Harman International Appoints Rajat Gupta as Board Member
STAMFORD, Conn.--Harman International Industries, Incorporated announced today that Rajat Gupta has been appointed to serve as a member of the Company's Board of Directors. Mr. Gupta will fill a vacancy on the Board and will serve under this appointment until December 2011, at which time he will stand for reelection to ... Continue reading
Motor Coach Industries’ Plan of Reorganization Confirmed
SCHAUMBURG, Ill.--Motor Coach Industries (âMCIâ or âthe Companyâ) announced today that Judge Brendan L. Shannon of the United States Bankruptcy Court for the District of Delaware yesterday entered an order confirming the Second Amended Joint Plan of Reorganization for MCI and certain of its affiliat ... Continue reading
Alcoa Again Named One of the World's Most Sustainable Corporations at Davos
NEW YORK--Alcoa announced today that it was named as one of the most sustainable corporations in the world in the fifth annual Global 100 ranking of the top role models in sustainable business practices, during the World Economic Forum in Davos, Switzerland. Alcoa has attained the sustainability ranking every year sinc ... Continue reading
Johnson Controls Awarded First Higher Education Clinton Climate Initiative Project
College is the first higher education institution to join the Initiative to improve building efficiency and lower carbon emissions MILWAUKEE, Jan. 29 -- Lee College, Baytown, Texas, has entered into an energy savings performance contract with Johnson Controls, Inc. , the global multi-industrial leader in creating energ ... Continue reading
National Auto Fraud and Theft Prevention System Goes Live
WASHINGTON, Jan. 29 /PRNewswire-USNewswire/ -- The U.S. Department of Justice today announced the availability of an on-line computer system to help protect states and consumers from automobile fraud and to provide law enforcement with new tools to investigate fraud, theft, and other crimes involving vehicles. The Nati ... Continue reading
X-Rite Completes Sale of Former Headquarters
GRAND RAPIDS, Mich.--X-Rite, Incorporated, the global leader in color technology, today announced that it has completed the sale of its former headquarters and manufacturing facility located in Grandville, Michigan to CWD Capital, L.L.C. for a purchase price of $7,225,000. The Company stated that it would use the net p ... Continue reading
Press Release Regarding Vogue Tyre "BIG GAME" Event
VOGUE TYRE AND RUBBER COMPANY TO: All Media FROM: Vogue Tyre & Rubber Company Eric Schuller 815-341-9564 (cell) Eric.K.Schuller@gmail.com Ken Brockway 847-297-1900 (office) kenb@voguetyre.com Immediate Release Inaguaral JagIt's BIG GAME TIME!!! MT. PROSPECT, ILL. -January 29, 2009 Vogue Tyre and Rubber Company is proud ... Continue reading
Behr Receives GM Award at North American International Auto Show
DETROIT--Behr GmbH & Co. KG was among 10 auto suppliers recognized this month by General Motors for outstanding performance in 2008. Behr was honored for significant contributions to General Motorsâ logistics costs and its overall performance as a supplier based on factors such as quality, cost and delivery. Bo An ... Continue reading
Toyota Premieres Burrell VENZA TV Spot 'Faces' During Super Bowl XLIII
CHICAGO, Jan. 29 -- Toyota Motor Sales, U.S.A., Inc. has selected Burrell Communications' TV spot 'Faces' to debut during Super Bowl XLIII as part of the launch of its new vehicle VENZA. Burrell's 30-second Toyota VENZA spot 'Faces' will premiere in the first quarter during the first break of Super Bowl 43. The 'Faces' ... Continue reading
Timken Reports Record 2008 Results
CANTON, Ohio--The Timken Company today reported sales of $5.7 billion for 2008, an increase of 8 percent from a year ago. During the year, the company benefited from strong demand in global industrial markets, surcharges, pricing and currency, as well as acquisitions serving the aerospace and energy market sectors. Low ... Continue reading
Lear Corporation Reports Preliminary Fourth-Quarter and Full-Year 2008 Financial Results
SOUTHFIELD, Mich., Jan. 29 -- Lear Corporation , a leading global supplier of automotive seating systems, electrical distribution systems and electronic products, today reported preliminary financial results for the fourth quarter and full year of 2008, as follows: -- Net sales of $2.6 billion in Q4 and $13.6 billion f ... Continue reading
DAYTONA BEACH, Fla., Jan. 29 -- International Speedway Corporation (OTC:ISCB) (BULLETIN BOARD: ISCB) ("ISC") today reported results for the fourth quarter and full year ended November 30, 2008. "Given the impact the economic environment had on consumers and our corporate partners in 2008, we were pleased with our overa ... Continue reading
Green Earth Technologies' G-OIL 4-Cycle 10W-30 Eco Engine Oil Hits Over 2,000 Retail Shelves
STAMFORD, Conn., Jan. 29 -- Green Earth Technologies (Pink Sheets: GETG), a leading manufacturer and marketer of "green" environmentally safe consumer packaged goods products, announced today that their G-OIL(TM) 4-Cycle 10W-30 Eco Engine Oil is now available to consumers at over 2,000 locations. The G-OIL(TM) 4-Cycle ... Continue reading
New Peugeot 107 Now Available In UK Showrooms
The new Peugeot 107 is now available in UK showrooms with three trim levels available, starting with the Urban Lite model at £7,595 (on-the-road). All 107s benefit from a new look, an enthusiastic 1.0-litre petrol engine but with exceptionally low CO2 of just 106g/km and economy of 62.7 mpg (on the official Combined C ... Continue reading
Premium London Minicab Fleet Addison Lee Adds 1,000 More Ford Galaxys
Ford is supplying 1,000 new Ford Galaxy models to Addison Lee, London's top minicab service. This latest deal brings to 1,600 the total Ford Galaxy seven seaters operated by the company. Passengers' positive response to the 600 Ford Galaxy models purchased by Addison Lee last year encouraged the company to order more o ... Continue reading
Toyota Appoints New Head Of Human Resources
Francesco Mereu has been appointed a director of Toyota GB with responsibility for human resources, corporate social responsibility and environmental strategy. He took up the post on 19 January, joining the company from the human resources division of Toyota Motor Europe, replacing Sarah Fisher. ... Continue reading
Ford Motor Credit Reports 2008 Preliminary Results*
Fourth Quarter 2008 $228 Million Net Loss Reported DEARBORN, Mich., Jan. 29 -- Ford Motor Credit Company reported a net loss of $1.5 billion in 2008, a decrease of $2.3 billion from net income of $775 million a year earlier. On a pre-tax basis, Ford Motor Credit reported a loss of $2.6 billion in 2008, including the se ... Continue reading
Arctic Cat Reports Fiscal 2009 Third-Quarter Results
MINNEAPOLIS--Arctic Cat Inc. today reported net sales of $174.7 million for the fiscal 2009 third quarter ended December 31, 2008, compared to $159.6 million in the same quarter last year. The net loss for the quarter improved to $2.7 million, or $0.15 per diluted share, versus the prior-year third quarter net loss of ... Continue reading
Great Products At A Budget Price From Proton
Everybody is slashing their prices at the moment, but what exactly do you get for your money? Value for money brands are back - and a new Proton could be exactly what you're looking for with 3 year/60,000 mile warranty and 3 years FREE RAC cover as standard, plus FREE metallic paint until 31st March 2009. ... Continue reading
AutoNation Reports 2008 Fourth Quarter and Full Year Results
- In the fourth quarter, AutoNation remained profitable in distressed industry environment - AutoNation exceeds cost savings objectives by 100%, with an annualized reduction now of $200 million - Full year debt reduction of approximately three-quarters of a billion dollars - Announces manufacturer consent agreements re ... Continue reading
Accident Help Is At Hand For GM Car Drivers
GM is following up its nationwide campaign to reinforce the benefits of using a Vauxhall, Chevrolet or Saab Approved Bodyshop for accident repairs by focusing attention on its free 24/7 accident support service. ... Continue reading
Dear Editor, Please find below a press release titled: 'AERO GP air race goes LIVE online with Airsports.tv' for possible inclusion in your publication. January 29 2009 London AERO GP air race goes LIVE online with Airsports.tv Nicknamed the âFormula One of aviationâ; the Aero GP air race series (www.aero-gp. ... Continue reading
Allison Transmission Breaks Ground on New Chennai Operations Facility
Allison Transmission, Inc., the world's leading supplier of commercial duty fully automatic transmissions and hybrid propulsion systems, broke ground today on a new India facility designed to meet the growing global demand for Allison automatic transmissions. ... Continue reading
Polaris Reports 2008 Fourth Quarter and Record Full Year Results
MINNEAPOLIS--Polaris Industries Inc. today reported net income from continuing operations of $1.11 per diluted share for the fourth quarter of 2008, representing a four percent increase from $1.07 per diluted share for the prior yearâs fourth quarter, reflecting an eight percent reduction in the weighted average d ... Continue reading
Autoliv Financial Report October - December 2008
STOCKHOLM, Sweden--Regulatory News: For the three-month period ended December 31, 2008, Autoliv Inc. (STO:ALIV) â the worldwide leader in automotive safety systems â reported a decline in consolidated net sales of 33% to $1,193 million including an organic sales decline of 26% compared to the same quarter 200 ... Continue reading
Orders for 424 Volvo buses to Norway and Sweden
STOCKHOLM, Sweden--Regulatory News: Volvo Buses has received orders for 424 buses to customers in Norway and Sweden. In Norway, three operators that won two large tenders chose for the most part to purchase Volvo buses. âThese orders further strengthen our role as market leader in the Nordic region,â says Ste ... Continue reading
Next Generation Porsche 911 GT3 to Make World Debut in Geneva
Improved Aerodynamics, Suspension, Braking Distinguish 2010 GT3 ATLANTA, Jan. 29 -- Porsche will launch the fastest, most powerful 911 GT3 to-date at the Geneva Motor Show on March 3, 2009. The high performance GT3 is the latest in the new generation 911 series and carries over a wide range of expertise learned from mo ... Continue reading
MADYMO Human Safety Design Software Joins Altair's HyperWorks Enabled Community
DELFT, The Netherlands, January 29 -- TASS-safe (http://www.tass-safe.com), a leading provider in advanced software solutions to enhance human safety, announced today the addition of the MADYMO software suite to the Altair (http://www.altair.com) HyperWorks Enabled Community (HWEC). MADYMO is the worldwide standard sof ... Continue reading
British Manufacturers Must Show the World They Mean Business
POOLE, England, January 29 -- - With Photo As Lord Mandelson announces a rescue package for the automotive industry, Zeta's New Business Manager, Niko Lambert, explains why manufacturers must re-assert their position in the UK economy. My view is quite simple; an economy that doesn't create wealth is in trouble. Hedge ... Continue reading
The Auto Page By John Heilig The Auto Channel 2010 Volvo XC60 AWD SPECIFICATIONS: Model: 2010 Volvo XC60 AWD Engine: 3.0-liter /DOHC inline 6 Horsepower/Torque: 281 hp @ 5,600 rpm/297 lb.-ft. @ 1,500-4,800 rpm Transmission: 6-speed driver-adaptive automatic Wheelbase: 109.2 in. Length/Width/Height: 182.2 x 74.4 x 67.4 ... Continue reading
The Next Generation MMI From Audi: Top-Level Multimedia And Communication
Audi is increasing its lead in infotainment technology even further. A new generation of the MMI, the supreme solution for multimedia, communication and operation, has been announced. With a high-capacity hard disk, a DVD drive and an automotive grade NVIDIA chip for graphics processing, it is much more versatile and i ... Continue reading
WASHINGTON, Jan. 29 -- At his first White House press conference Monday President Obama declared "the days of Washington dragging its heels are over" and ordered an immediate review of the Bush administration's refusal to give California authority to enforce tough new emission and fuel efficiency standards on gas and d ... Continue reading
- Net loss of $5.9 billion, or $2.46 per share, for the fourth quarter of 2008 amid a sharp global decline in vehicle demand; pre-tax loss of $3.7 billion from continuing operations, excluding special items. ++ - Reduced Automotive costs by $1.4 billion in fourth quarter and $4.4 billion in 2008 versus year-ago levels. ... Continue reading
NHTSA RECALL: Michelin is recalling Michelin Pilot Alpin Tires
NHTSA Campaign ID Number: 09T002 Synopsis: Michelin is recalling Michelin Pilot Alpin PA2 ZP 225/50R17 94H tires manufactured between September 17, 2006 and June 14, 2008. These tires fail to conform to the labeling requirements of Federal Motor Vehicle Safety Standard No. 139, "New Pneumatic Radial Tires for Light Veh ... Continue reading
'Best Cars': Three Audi Models Among Winners
Audi has succeeded in repeating its successes of recent years in the "Best Cars" reader poll sponsored by the magazine "auto motor und sport" (ams). The readers of ams voted Audi models the best cars in three separate categories: the Audi A4, Audi A6 and the recently launched Audi Q5 were all among readers' favorites. ... Continue reading
Lexus RX 350 To Make Debut At Melbourne
Lexus will stage the Australian debut of its totally redesigned and restyled RX-350 at the 75th annual Melbourne Motor Show when it opens on 27 February. ... Continue reading
Mitsubishi i MiEV The Future is Here, Now
During 2009, the Mitsubishi i MiEV will become the world's first truly viable, fully featured, zero drive-time emission, city commuter vehicle to go into volume production and be available for sale in Japan. ... Continue reading
For the third year in a row, the MINI Cooper S has been named the best hot hatch on sale in the UK at the annual What Car? awards ceremony. ... Continue reading
Hyundai i30cw Debuts in Australian Specification at Melbourne
Hyundai Motor Company’s new i30cw (crossover wagon) will make its debut in final Australian specification at the 2009 Melbourne International Motor Show. ... Continue reading
New Peugeot Partner Wins 'Utility Vehicle Of The Year'
The new Partner has just been awarded a prestigious trophy by a jury made up of motoring journalists and business users, brought together under the aegis of France's L'Argus de l'automobile weekly motoring magazine. ... Continue reading
Top Performer on the Road with Ambitions on the Track - New Porsche 911 GT3 to Debut in Geneva
The new Porsche 911 GT3, which will make its world debut at the Geneva Motor Show on March 3 2009, is the latest evolution of an iconic sports car. Embodying the essence of more than 23,000 Porsche racing victories, the 911 GT3 is the ultimate integration of driver and car and arrives in the UK this autumn. ... Continue reading
The New ABT Golf VI - The Number One
That's what a winner looks like: since 1974 the VW Golf has dominated not just its vehicle class, but since then it has been Germany's favourite car almost every year - a success story, which ABT has also co-written. This is because for just over 35 years the Allgauers have looked after the "Golfs", from the very first ... Continue reading
Frost & Sullivan to Host Free Briefing on the Passenger Electric Vehicle Market
MOUNTAIN VIEW, Calif., Jan. 28, 2009; The Automotive & Transportation practice at Frost & Sullivan is pleased to announce its 2009 Quarterly Analyst Briefing Presentation on the electric vehicle market to be held on Thursday, January 29, 2009 at 10:00 a.m. PST. The global economic downturn, volatile fuel prices and the ... Continue reading
Honda Sets All-Time Calendar Year
Tokyo, Jan 28, 2009 Honda Motor Co., Ltd. announced a summary of automobile production, Japan domestic sales, and export results for the calendar year 2008 as well as for the month of December 2008. Production Calendar Year of 2008: Production in Japan experienced a year-on-year decrease for the second consecutive year ... Continue reading
Oil prices rise despite huge inventory buildup
NEW YORK January 29, 2009 Chris Kahn writing for the AP reported that oil prices rose Wednesday despite another government report showing that U.S. crude stockpiles are growing as consumers and business slash spending on energy. Traders on the New York Mercantile Exchange instead looked to Washington, where the House w ... Continue reading
GM to end controversial 'jobs bank' Monday
NEW YORK January 29, 2009; Bree Fowler writing for the AP reported that General Motors Corp.'s "jobs bank" program will end Monday, following a similar move at Chrysler LLC that helps satisfy the conditions the government imposed when it lent the automakers $17.4 billion late last year. The program gives union workers ... Continue reading
Ford seen posting big loss, cash burn for Q4
DETROIT January 29, 2009; David Bailey writing for Reuters reported that Ford Motor Co (F.N) is expected to post a big fourth-quarter loss on Thursday, but investors likely will be looking a lot closer at the automaker's cash burn rate and prospects for 2009. The crucial question for investors and creditors is whether ... Continue reading
DIXON FASTEST ON FINAL DAY OF WINTER TEST
Sebring, January 28, 2009: Scott Dixon set the pace at Sebring on Wednesday, the final day of the annual Winter Test. Scott Dixon turned in the fastest time on the final day of the American Le Mans Series' annual Winter Test on Wednesday. The reigning Indy 500 and IndyCar champion turned a lap of 1:45.671 (126.052 mph) ... Continue reading
AutoWeek and Débaufré Watches to Take Part in 2009 World Challenge Season
TOPEKA, Kan. January 28, 2009: As the 2009 SCCA Pro Racing SPEED World Challenge Toyo Tires season opener at Sebring approaches, WC Vision is pleased to announce two new partnerships with AutoWeek and Débaufré Watches. What has become a staple in many SPEED World Challenge fansâ mailbox, AutoWeek is the sour ... Continue reading
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