Goodyear Announces Pricing of Mandatory Convertible Preferred Stock
PR Newswire AKRON, Ohio, March 29, 2011 AKRON, Ohio, March 29, 2011 -- The Goodyear Tire & Rubber Company today announced that its public offering of 8.7 million shares of its mandatory convertible preferred stock was priced at $50 per share. In addition, the underwriters have an option to purchase up to an additional ... Continue reading
Lingenfelter's New Operations Manager
LINGENFELTER PERFORMANCE ENGINEERING NAMES MIKE COPELAND OPERATIONS MANAGER BRIGHTON, Mich. - Ken Lingenfelter, owner of Lingenfelter Performance Engineering, is pleased to announce Mike Copeland has joined the company as Operations Manager. In his new role, Copeland will lead the Michigan-based operations of LPE and w ... Continue reading
Nissan Announces Senior Leadership Change for Mexico
PR Newswire FRANKLIN, Tenn., March 29, 2011 FRANKLIN, Tenn., March 29, 2011 -- Nissan Americas today announced that, effective April 1, Jose Valls will join the company as regional vice president, Commercial, Nissan Mexicana. In his new assignment, Valls will report to Jose Munoz, president and general director, Nissan ... Continue reading
IRVINE, Calif.--Autobytel Inc. , a leading provider of online consumer purchase requests and marketing resources to the automotive industry, today reminded stockholders about its Tax Benefit Preservation Plan, adopted in May 2010, in view of recent trading activity in the companyââ¬â¢s common stock. The plan ... Continue reading
Asbury Automotive Group Schedules Release of First Quarter Financial Results
PR Newswire DULUTH, Ga., March 29, 2011 DULUTH, Ga., March 29, 2011 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today announced that it will release its first quarter financial results before the market opens on April 27, 2011. Ã President and CEO Craig ... Continue reading
Last Chance to Register for April 5-6 ANSI Electric Drive Vehicles Workshop
For those who want to influence the standards, codes, and conformance programs that will help drive the market for grid-connected electric vehicles, you don't want to miss out on a unique opportunity to be part of the discussion. Join us for the ANSI Workshop: Standards and Codes for Electric Drive Vehicles on April 5- ... Continue reading
Navistar Defense to Deliver Additional Vehicles and MRAP RPG Nets for Afghanistan
WARRENVILLE, Ill.--Navistar Defense, LLC today announced that it has received $97 million in delivery orders from the U.S. Army TACOM Life Cycle Management Command. The delivery orders include 265 general troop transport vehicles, 160 buses and 829 rocket propelled grenade (RPG) net kits for Internationalî MaxxP ... Continue reading
Rising Gas Prices Fuel Demand for Ford Compressed Natural Gas-Powered Commercial Vehicles
PR Newswire DEARBORN, Mich., March 29, 2011 DEARBORN, Mich., March 29, 2011 -- Rising price of traditional gas coupled with significant government incentives and an increasing number of fuel stations is pumping up demand for compressed natural gas-powered (CNG) vehicles by commercial customers Ford meets demand by offe ... Continue reading
PR Newswire SAN DIEGO, March 29, 2011 SAN DIEGO, March 29, 2011 -- Reno Contracting announced today that it has entered into a strategic alliance with Envision Solar (OTC Bulletin Board: EVSI), a leading sustainable infrastructure designer and developer deploying clean energy systems globally. Under the alliance, Reno ... Continue reading
Clarkson University Wins Gage Fuel Economy Award
PR Newswire FERNDALE, Mich., March 29, 2011 FERNDALE, Mich., March 29, 2011 -- The Gage Product's award for best overall fuel economy in the annual SAE Clean Snowmobile Challenge has gone to Clarkson University in Potsdam, New York. (Logo: http://photos.prnewswire.com/prnh/20110329/DE73221LOGO ) Thirteen universities f ... Continue reading
A Goodbye, A Leaf, A Kia, A Jolt to Volt, A Laugh or Two In This Months Letter From Europe
From Andrew Frankl European Bureau Chief The Auto Channel Let me start this Letter from Europe with a tribute to old friend David E. Davis. We lost him to cancer a few days ago. There is no doubt in my mind that he and the ailing Brock Yates were the most influential American auto writers Iâve ever met. In the 70s ... Continue reading
2011 Mercedes-Benz ML550 4Matic Review and More
THE AUTO PAGE By John Heilig Model: 2011 Mercedes-Benz ML550 4Matic Engine: 5.5-liter V8 Horsepower/Torque: 382 hp @ 6,000 rpm/391 lb.-ft. @ 2,800-4,800 rpm Transmission: 7-speed automatic with manual mode Wheelbase: 114.7 in. Length x Width x Height: 188.2 x 76.3 x 71.5 in. Tires: P255/50R19 Cargo: 29.4/72.4 cu. Ft. ... Continue reading
New Citi Research: How Will U.S. Automakers Fare at 42 MPG by 2020?
PR Newswire Mar. 29 With Decision Coming on New CAFE and GHG Standards, New Data from Citi Investment Research and Ceres Show that Auto Industry - and Especially Detroit 3 - Would Profit From Higher Standards If new Corporate Average Fuel Economy (CAFE) and greenhouse gas (GHG) rules require automakers to achieve fleet ... Continue reading
License Monitor, Inc., Uniquely Equipped to Monitor Drivers' Licenses Every Day
NEW CITY, N.Y.--In the wake of two tragic bus crashes, a call by Sen. Charles Schumer to inspect licenses of every bus driver in the state and a vow by Gov. Cuomo to crackdown on illegal drivers, License Monitor, Inc. (LMI), a client of the NYS Small Business Development Center, is uniquely equipped to prevent unlicens ... Continue reading
Alcoa Products on First Aluminum Petroleum Road Tanker in Indonesia
FUSINA, Italy & SURABAYA, Indonesia & NEW YORK--The first aluminum petroleum road tanker produced in Indonesia took to the highway recently made with Alcoaââ¬â¢s heavy gauge aluminum shate product and rolling on Alcoa aluminum truck wheels. âUsing the Alcoa RTS eValuator, a tool created for customers to ... Continue reading
World Oil Corp. Announces the Passing of Founder Bernard B. Roth
SOUTH GATE, Calif.--Bernard B. Roth, the California-based philanthropist and entrepreneur who pioneered the ââ¬Åself serveââ¬??? gasoline station, passed away of natural causes on Sunday, March 27, at his home in Beverly Hills, California. He was 95. âHe made an enormous impact everywhere he went. ... Continue reading
Cadillacs Share Spotlight at Vail Film Festival
PR Newswire VAIL, Colo., March 29, 2011 VAIL, Colo., March 29, 2011 -- With automotive entertainment systems becoming more advanced, Cadillac is out to prove at this week's Vail Film Festival that some of the best seats in the house could be inside its luxury cars, crossovers and SUVs. In addition to the theater screen ... Continue reading
Small Cars Lead the 2011 Used Car Price Recovery
LONDON-- used market will inevitably favour Superminis most because these days they are remarkably spacious and comfortable as well as economical to run.â The corrected release reads: CAP: SMALL CARS LEAD THE 2011 USED CAR PRICE RECOVERY CAP Used Car Price Index ââ¬â March 2011 Year on year changes in ... Continue reading
Federal-Mogul Corporation Schedules Conference Call and Audio Webcast for First Quarter 2011 Results
PR Newswire SOUTHFIELD, Mich., March 29, 2011 SOUTHFIELD, Mich., March 29, 2011 -- Federal-Mogul Corporation today announced that the company's first quarter 2011 financial results conference call and audio webcast will be held on Thursday, April 28, 2011 at 9:00 a.m., ET. To participate in the call: Domestic calls: 88 ... Continue reading
Dana Reaches New International Agreements with UAW and USW
PR Newswire MAUMEE, Ohio, March 29, 2011 MAUMEE, Ohio, March 29, 2011 -- Dana Holding Corporation today announced that it has reached new three-year international labor agreements with the United Auto Workers (UAW) and United Steel Workers (USW), effective June 1, 2011. The agreements were recently ratified by members ... Continue reading
GE Energy to Acquire Converteam, Accelerating Momentum in High-Efficiency, Fully Electric Solutions
ATLANTA--GE announced today that its Energy business has entered into an agreement to acquire approximately 90 percent of Converteam, a leading provider of electrification and automation equipment and systems, from a controlling shareholder group that includes management, Barclays Private Equity and LBO France, for app ... Continue reading
PR Newswire PARIS, March 29, 2011 PARIS, March 29, 2011 -- Today at the JEC Composites Show, Owens Corning , the leading global producer of glass fiber reinforcements for composite systems, introduced HydroStrandââ¢, a chopped strand glass fiber for high-performance polyphenylene sulfide (PPS) composites. à ... Continue reading
Kubota Ramps-Up Innovations in its Utility Vehicle Line: Introducing the New Kubota RTV900XT
TORRANCE, Calif.--Kubota Tractor Corporation announces the latest version of its popular RTV900 workhorse utility vehicle model, the new and improved RTV900XT. Building on the strengths of Kubotaââ¬â¢s diesel-powered RTV900, this modelââ¬â¢s key new feature is the exclusive Variable Hydro Transmis ... Continue reading
BOULDER, Colo.--Auto manufacturers are in the process of launching plug-in vehicles in two different forms: Plug-in Hybrid Electric Vehicles (PHEVs) and Battery Electric Vehicles (BEVs). Both types of plug-ins offer many advantages over traditional non-electrified vehicles, including improved fuel economy or no petrole ... Continue reading
AB Volvo Publishes 2010 Sustainability Report
GÃâTEBORG, Sweden--Regulatory News: Volvo (STO:VOLVA)(STO:VOLVB): The Sustainability Report describes the Volvo Groupââ¬â¢s efforts to develop its operations financially, socially and environmentally, as well as its contribution to society. The report also outlines how the Volvo Group organizes its w ... Continue reading
Autoliv Expands in China Constructs New Plant in Northern China
STOCKHOLM--Regulatory News: Autoliv ââ¬â the worldwide leader in automotive safety systems ââ¬â has started construction of a completely new factory building in Changchun that will replace the Companyââ¬â¢s existing plant in this city in Northern China. The new plant will more than do ... Continue reading
John O'conner Buys 13 New Movanos In All-Vauxhall Fleet Deal
Hertfordshire-based grounds maintenance company, John O'Conner, has replaced 13 of its 240-strong commercial vehicle fleet with new Vauxhall Movano vans. ... Continue reading
Porsche Investment Supports Success For SKIDZ Hillingdon
Following its official opening in February 2010, the SKIDZ Hillingdon Road User Education Project part-funded by a three year, £375,000 investment donation from Porsche Cars GB, has released extremely positive results for its first year of operation. ... Continue reading
Nissan Appoints New Fleet Sales Director
Nissan Motor (GB) Limited has promoted Barry Beeston to the position of fleet sales director, replacing Andy Woodall who recently left the company. ... Continue reading
Largest Rolls-Royce Showroom in the World Opens in Abu Dhabi
The largest Rolls-Royce showroom in the world has opened in the Umm Al Nar area of Abu Dhabi, United Arab Emirates. The new state-of-the-art facility was unveiled by Torsten Müller-Ötvös, CEO, Rolls-Royce Motor Cars. ... Continue reading
Clean Sweep For The Citroen DS3 WRCs
A year after scoring their first victory in the FIA World Rally Championship in Portugal, Sébastien Ogier and Julien Ingrassia made it two wins in two attempts at the Algarve-based event. ... Continue reading
Generous Peugeot Staff Raise £20,000 For Charity
Through a variety of activities at Peugeot's UK headquarters at Pinley House, Coventry, Peugeot staff have raised £20,000 for charity, with £12,000 going to Macmillan Cancer Support and £8,000 going to the Myton Hospice. ... Continue reading
Success For Suzuki's Aftersales Management Development Programme
Suzuki GB Plc is pleased to announce the seventh Aftersales Management Development Programme has concluded with 10 delegates achieving a Credit grade or above. ... Continue reading
Ford Dagenham Leads The Way In Automotive Machining
Practical know-how from the Ford Dagenham manufacturing team and detailed computer analysis from an American academic have transformed the efficiency of a Ford engine machining line in the UK. ... Continue reading
All-New Mazda BT-50 Powertrains Take Performance to New Heights
Mazda today released details of the powertrain line-up for the All-New BT-50 demonstrating that it will be one of the most powerful utilities ever to hit Australian showrooms. ... Continue reading
Volvo Launches New Versatile V60 Sports Wagon
Volvo has launched its all-new V60 sports wagon that bridges the gap between the sporty S60 sedan and practical and functional V70 offering a driver's car with sleek styling and a versatile, spacious interior. ... Continue reading
Diesel on Demand: New Three-Litre Diesel Joins BMW X6 Line-up in Australia
BMW Australia has responded to skyrocketing Australian demand for its diesel engines with the introduction of a new entry model to the BMW X6 range: the BMW X6 xDrive30d. ... Continue reading
Volkswagen Group Sees Further Growth Potential for Porsche Holding Salzburg
The Board of Management of Volkswagen AG officially welcomed Porsche Holding Salzburg as part of the Volkswagen Group yesterday ... Continue reading
DEADEARBORN, Mich., March 28, 2011 -- 2011 Ford F-150 and Ranger cited by the EPA as most fuel-efficient trucks From small to extra large, Ford pickups ââ¬â Ranger, F-150 and Super Duty ââ¬â each deliver an unbeatable combination of outstanding value, capability and now fuel economy Ford's two n ... Continue reading
Mineta Transportation Institute Study: What Constrains People from Choosing Sustainable Vehicles?
SAN JOSE, Calif., March 28, 2011 Environmental concerns rarely influence vehicle choice. Safety, reliability, comfort rate higher. Accurate information on environmental impacts of vehicle choices often lacking. SAN JOSE, Calif., March 28, 2011 -- The Mineta Transportation Institute (MTI) has just released its Research ... Continue reading
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