Tenneco Announces Aggressive Actions to Size Its Global Operations to Changing Market Conditions
LAKE FOREST, Ill.--Tenneco Inc. : Company to eliminate approximately 1,100 positions worldwide Plans include closing four manufacturing plants and one engineering facility Expects $64 million in annualized cost savings Tenneco Inc. today announced a major restructuring across its global operations designed to further r ... Continue reading
Renault China new boss to halt investment plan
Renault China new boss to halt investment plan http://www.gasgoo.com/auto-news/1008203/Renault-China-new-boss-to-halt- inves tment-plan.html Shanghai, October 29 (Gasgoo.com) Renault said Richard Valette would leave his post as the managing director of Renault China, to be succeeded by Robert Chen from Nissan Infiniti ... Continue reading
GM and Chrysler Merger - Both Agree on Major Deal Points - Wagner to Lead
NEW YORK/DETROIT October 29, 2008; Jui Chakravorty Das and Kevin Krolicki writing for Reuters reported that General Motors Corp and Cerberus Capital Management (CBS.UL) have resolved the major issues in a proposed GM-Chrysler merger, but the final form of any deal would depend on the financing and government support av ... Continue reading
Japan Automobile Output Up 4.2 Pct in September 2008
Tokyo, Oct 29, 2008; Automobile production in Japan rose 4.2 pct from a year before to 1,056,556 units in September, the first increase in two months, the Japan Automobile Manufacturers Association said Wednesday. Production of passenger cars increased 4.0 pct to 901,012 units. Truck production was up 5.3 pct at 142,38 ... Continue reading
Roush Technology Makes the Case for Hydrogen Internal Combustion Engines Now - VIDEO FEATURE
Roush Technologies shows its latest bi-fuel Internal Combustion Engine conversion (H2ICE) technology at the Cenex hosted UK National Low Carbon Vehicle event at Millbrook Proving Ground tomorrow (28th October 2008). Roush has modified the engine of a Ford Transit-based vehicle to operate using compressed hydrogen gas f ... Continue reading
DAYTONA BEACH, Fla. Oct. 28, 2008: Day two of the three-day October Test Days for the Grand-Am Rolex Sports Car Series presented by Crown Royal Cask No. 16 at Daytona International Speedway gave several drivers the opportunity to become reacquainted with the track, while others their first chance with a new team or eve ... Continue reading
2009 DATES FOR ROLEX MONTEREY HISTORIC AUTOMOBILE RACES ANNOUNCED AFTER SUCCESSFUL 35TH ANNIVERSARY
MONTEREY, Calif. October 28, 2008: Following the recent success of this year’s 35th anniversary of the Rolex Monterey Historic Automobile Races presented by Toyota, General Racing, the official event organizer, announced today the dates for the 2009 event. The 36th annual running of the world-famous races and auto ... Continue reading
Harker secures 2nd place finish in the National Championship chase
Reynolds, GA October 28, 2008: For Aussie Steve Harker more than just an event victory was on the line at this past weekend’s LODRS Division Two Event held at Silver Dollar Raceway, as the OMS Graphics Top Alcohol Funny Car team not only secured the win but also tied up second place in the Top Alcohol Funny Car Ch ... Continue reading
Look to Close 2008 Outlaws Campaign With Strong Outing at VAULT World Finals
INDIANAPOLIS Oct. 29, 2008: The calendar says it’s been a year since Kraig Kinser made his return to the Advance Auto Parts World of Outlaws (WoO) Sprint Car Series at the inaugural World Finals last October. For the past 12 months, the 24 year-old driver of the Tony Stewart Racing (TSR) No. 20 Bass Pro Shops/Chev ... Continue reading
Schatz Eyes Third Outlaws Title As Season Concludes in Charlotte
INDIANAPOLIS Oct. 29, 2008: A champion will tell you that capturing that first title is the most difficult, and once you have it in your hands, you’ll never want to let it go. Since winning his first Advance Auto Parts World of Outlaws (WoO) Sprint Car Series championship in October 2006, Donny Schatz has done eve ... Continue reading
CAYMAN ISLANDS--Garmin Ltd. today announced third quarter results for the period ended September 27, 2008. Third Quarter 2008 Financial highlights: Total revenue of $870 million, up 19% from $729 million in third quarter 2007 Automotive/Mobile segment revenue increased 21% to $626 million in third quarter 2008 Outdoor/ ... Continue reading
-- Record third quarter sales of $655 million, up 10 percent over prior year; up 2 percent in local currencies; all organic growth -- EBIT margin of 10.1 percent, an expansion of 136 basis points over prior year; EBIT margin of 11.4 percent on a performance basis, an expansion of 97 basis points over prior year in loca ... Continue reading
2009 Honda Element Price for Restyled 2009 Honda Element
Available features now include a navigation system, a removable storage cooler and an improved overhead storage console on select models TORRANCE, Calif., Oct. 29 -- The restyled 2009 Honda Element builds on its spacious and versatile character by adding a more chiseled exterior appearance and a refreshed interior desi ... Continue reading
BorgWarner Posts Third Quarter Results; Revises Outlook for 2008
International Sales Offset U.S. Decline; Financial Condition Remains Strong AUBURN HILLS, Mich., Oct. 29 -- BorgWarner Inc. today reported third quarter sales and earnings for 2008. International sales offset steep declines in U.S. revenue due to declining economic conditions in the market. The company also adjusted it ... Continue reading
Mini-vehicle giant SAIC-GM-Wuling to make sedans
Mini-vehicle giant SAIC-GM-Wuling to make sedans http://www.gasgoo.com/auto-news/1008198/Mini-vehicle-giant-SAIC-GM-Wuli ng-to -make-sedans.html Shanghai, October 29 (Gasgoo.com) China's major mini-vehicle maker SAIC-GM-Wuling has decided to produce mid-class sedans of U.S. auto giant GM, reported Beijing Times today, ... Continue reading
ALL-NEW 2009 NISSAN Z MAKES ITS WORLD DEBUT IN EA'S NEED FOR SPEED UNDERCOVER
Redwood City California October 29, 2008; EA and Nissan shift into high-gear this holiday! TheNeed for Speed series continues the tradition of featuring the most desirable cars as Black Box, a studio of Electronic Arts Inc. and Nissan today revealed the highly-anticipated all-new 2009 Nissan 370Z. This marks the first ... Continue reading
2009 Nissan 370Z - ALL-NEW 2009 NISSAN 370Z COUPE READIES FOR DEBUT
- Nissan Issues First Images of the All-New 370Z - Nissan offers the first look at the upcoming 2009 370Z Coupe, which makes its world debut at the Los Angeles Auto Show on November 19th. The all-new 2009 Nissan 370Z, the first full redesign of the iconic Nissan Z since its reintroduction as a 2003 model, solidifies th ... Continue reading
Chinese auto sales down in Russia market
Chinese auto sales down in Russia market http://www.gasgoo.com/auto-news/1008200/Chinese-auto-sales-down-in-Russ ia-ma rket.html Shanghai, October 29 (Gasgoo.com) Chinese auto sales are declining in Russia though the emerging market still posts auto sales increase, xinhuanet.com said today, citing a report by a Russian ... Continue reading
Official Opening For Fiat's New London Service Centre
A new service centre and parts distribution hub, set up to serve the growing number of new Fiat customers in central London, has just been opened by the company. ... Continue reading
Skoda continues to perform impressively in the fleet arena despite worsening economic conditions with more cars now sold to the fleet sector than to retail customers, officially making it a fleet brand. ... Continue reading
Pivo2 & Nissan Cube In European Design Exhibition
Nissan's innovative Pivo2 concept, as well as the Cube compact car will be part of an upcoming European design exhibition entitled "Japan Car - Designs for the Crowded Globe". The Pivo2 and the Cube will be on display at Cité des Sciences in Paris from Nov. 1 to 9 before travelling to the Science Museum in London from ... Continue reading
Positive Progress In Young Offender Technician Training
A presentation at the Toyota-sponsored motor vehicle training facility at Aylesbury Young Offenders Institution in October saw nearly 50 certificates presented to inmates for technician training. More young prisoners are helping turn their lives around through T-TEP the Toyota Technical Education Programme. ... Continue reading
Mercedes-Benz Wins Tender for the Supply of 1,200 G-Class Off-Road Vehicles to the ADF
The Australian Defence Force (ADF) has today signed a contract with Mercedes-Benz Australia/Pacific (MBAuP) for the supply of 1,200 G-Class cross-country vehicles. ... Continue reading
Bridgestone Recalls Firestone and LeMans Tires
NHTSA Campaign ID Number: 08T026 Synopsis: Bridgestone/Firestone North America Tire, LLC (BFNT) is recalling 135,310 Firestone FR380 tires, size P235/75R15, manufactured between June 4, 2006 and September 8, 2007, and 26,941 Lemans Champion SE tires, size P235/75R15, manufactured between June 4, 2006 and September 2, 2 ... Continue reading
Mercedes-Benz Awarded for its Support in the Fight Against HIV/AIDS
The Victorian Aids Council (VAC) has awarded Mercedes-Benz Australia/Pacific its coveted GENERAL COMMUNITY AWARD at the 2008 VAC Annual General Meeting. ... Continue reading
Skoda Australia Launches Octavia RS TDI
Skoda Australia has added a new variant to its Octavia model line up - the high performance Octavia RS TDI. With class leading practicality and amazing levels of standard equipment, the new Octavia RS TDI offers dynamic driving pleasure via its new 125kW 2.0 litre common rail diesel engine. ... Continue reading
The Jetta TDI is amongst the ten most fuel efficient vehicles on the US market. In the recently published 'Fuel Economy Guide 2009' the EPA (Environmental Protection Agency) listed the Jetta TDI in the top ten low consumption and low emissions vehicles. ... Continue reading
Carbon Dioxide to Fuel - Carbon Sciences Announces Prototype Plan for CO2-to-Fuel Technology
Company Anticipates Completion of Prototype in Q1 2009 for Demonstrating Its Low Energy Biocatalytic Process to Transform CO2 Into Fuel SANTA BARBARA, CA--(MARKET WIRE)--Oct 29, 2008 -- Carbon Sciences Inc. (OTC BB:CABN.OB - News), the developer of a breakthrough technology to transform carbon dioxide (CO2) emissions i ... Continue reading
Auto Europe Appoints New European CEO
LONDON, October 28 -- Leading car hire services provider Auto Europe has today announced the appointment of Niall McDevitt as new European CEO, to further develop the company's rapid growth in the UK. Niall joined Auto Europe in 2002, bringing with him 14 years of experience in the travel and transport industry. As joi ... Continue reading
Ford Simplifies Complex Trim Choices For Buyers
By DETROIT, Oct 29, 2008; David Bailey writing for Reuters reported that Ford Motor Co is rolling out a sharply simplified vehicle line-up for the 2009 model-year by slashing thousands of configurations of features from its order book in a bid to cut costs and smooth showroom transactions. For Ford, getting back to its ... Continue reading
The American environmental authority EPA (Environmental Protection Agency) has put the smart fortwo at the top of its current list of the most economical cars without hybrid drive. The US authority confirms independent European studies that had already established the clever two-seater as the most economical car. ... Continue reading
Audi AG Strengthens Its Position In South East Asia
Yesterday's opening of the first Audi dealership in Ho Chi Minh City (Saigon) marked the Ingolstadt-based company's official entry into the Vietnamese market. By launching its sales programme in Vietnam, AUDI AG is reinforcing its position in the region, where the brand is currently scoring its highest growth rates. ... Continue reading
Production At Audi Characterized By Uncompromising Perfection
Automobiles from Audi are front-runners in their market segments - thanks to Vorsprung durch Technik, the technological lead that also extends to the field of manufacturing. The Production operation at Audi is innovative, and is characterized by uncompromising precision and strict quality-consciousness. ... Continue reading
New Trazo C1.8 by Dodge Debuts at São Paulo Motor Show
Trazo C1.8 by Dodge is the first sedan for the Dodge brand in key Latin American markets Offers exceptional value, fuel economy and dependability for customers new to the Dodge brand Trazo C1.8 is powered by a fuel-efficient, E-100 ethanol-capable 16-valve 1.8-liter DOHC 4-cylinder engine Exterior and interior designs ... Continue reading
Ford's SmartGauge with EcoGuide Coaches Drivers to Maximize Fuel Efficiency on New Fusion Hybrid
DEARBORN, Mich., Oct. 29 -- Pushing a vehicle to the limit takes on a new meaning in the new 2010 Ford Fusion and Mercury Milan hybrids, thanks to Ford's SmartGauge with EcoGuide - an innovative new instrument cluster that provides real-time information to help drivers maximum fuel efficiency. "SmartGauge with EcoGuide ... Continue reading
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