Fiat Commits to CNG Power Now! Offers 6 New Models - IMPORTANT VIDEO STORY
EDITOR'S NOTE: In this video story Fiat correctly states the case for compressed natural gas versus gasoline. The great significance to this story is that Fiat may very soon be directing the fortunes of Chrysler. The Auto Channel has ardently campaigned for the immediate change to CNG and propane as America's primary e ... Continue reading
Accuride Corporation Announces First Quarter 2009 Earnings Release and Conference Call Information
EVANSVILLE, Ind.--Accuride Corporation (OTCBB: AURD) will announce its first quarter 2009 results on May 7, 2009, before the open of the financial markets. In conjunction, the Company will conduct a conference call on May 7 at 10 a.m. Central Time. The telephone number to access the conference call is (866) 202-3109 in ... Continue reading
Lithia Motors Reports First Quarter 2009 Results
MEDFORD, Ore.--Lithia Motors, Inc. announced today that net income from continuing operations in the first quarter of 2009 was $0.2 million or one cent per diluted share, the same as prior year. Consolidated net income for the first quarter of 2009 was six cents per share after inclusion of one cent per share income fr ... Continue reading
TROY, Mich., April 29 -- Noble International, Ltd. (the "Company") today announced that it has received a Staff Determination letter from The Nasdaq Stock Market ("Nasdaq") notifying it that, in accordance with Listing Rules 5100, 5110(b) and IM-5100-1, the Company's filing for protection under Chapter 11 of the U.S. B ... Continue reading
Atlantic Championship Graduates Off To Solid Start in 2009
BROWNSBURG, April 28, 2009: Several graduates of the Cooper Tires Presents The Atlantic Championship Powered by Mazda have gotten their 2009 seasons off to strong starts in various forms of North American motorsport. Here is a quick recap of what Atlantic alumni have been up to through the early stages of 2009: INDY RA ... Continue reading
London, April 28, 2009: A1GP World Cup of Motorsport has been forced to cancel round eight of the 2008/09 season, A1GP Mexico City, Mexico on 22-24 May after the recent outbreaks of swine flu and the advisory from the UK Foreign Office to cancel non essential travel to the country. âTo say we are disappointed to h ... Continue reading
World of Outlaws Star Kraig Kinser Looks To Find Perfect Combination
INDIANAPOLIS April 28, 2009: The World of Outlaws (WoO) Sprint Series schedule challenges drivers and teams in every way imaginable, from the grueling night-after-night racing in different states to adjusting from short tracks to big tracks in less than 24 hours. This weekend, Tony Stewart Racingâs (TSR) Kraig Kin ... Continue reading
$193M for Energy Research: National Renewable Energy Laboratory
GOLDEN, Colo. April 29, 2009; The AP reporteds that the primary U.S. lab for renewable energy will receive $110 million in federal stimulus money and another $83 million will go toward wind energy efficiency and other alternative power projects. Energy Secretary Steven Chu made the announcement Wednesday while touring ... Continue reading
Rolex Series Attracts VIR Record Crowd for Saturday's Bosch Engineering 250
DAYTONA BEACH, April 28, 2009: Saturday's Bosch Engineering 250, Round 2 of the 2009 Grand-Am Rolex Sports Car Series presented by Crown Royal Cask No. 16, drew a record race weekend crowd at Virginia International Raceway. "The Bosch Engineering 250 Weekend set a new record for attendance for automobile racing at VIR ... Continue reading
NORWALK, April 28, 2009: A ticket package that saves fans $90 per ticket for two major motorsports events was announced by Summit Motorsports Park, an NHRA track in Norwalk, Ohio, and Michigan International Speedway, a NASCAR track in Brooklyn, Mich. Racing fans can purchase a discounted Fan Value Pack ticket package t ... Continue reading
Dreams Come True For Indianapolis 500 Rookies
INDIANAPOLIS April 28, 2009: Though four rookies competed in the first three IndyCar Series events of the season, those races were akin to dipping their feet into the water. Now, theyâre about to take the plunge. On May 5, Stanton Barrett, Mike Conway, Robert Doornbos and Raphael Matos will begin preparations for ... Continue reading
Global Auto Sourcing Summit held in Shanghai on April 21
2009 Global Auto Sourcing Summit held in Shanghai on April 21 http://autonews.gasgoo.com/auto-news/1010182/2009-Global-Auto-Sourcing- Summi t-held-in-Shanghai-on-April-21.html A grand gathering of elite professionals from 22 OEMs, 101 global tier-1 suppliers, 120 domestic auto parts manufacturers, around 30 supply chai ... Continue reading
Changan Suzuki plans to build second plant
Changan Suzuki plans to build second plant http://autonews.gasgoo.com/auto-news/1010243/Changan-Suzuki-plans-to-bu ild-s econd-plant.html Shanghai, April 29 (Gasgoo.com) Changan Suzuki Automobile Co., a minicar joint venture between Chinese automaker Changan Auto and Japan's Suzuki Motor, is planning to build a second ... Continue reading
Baldor Electric Company Announces First Quarter 2009 Results
FORT SMITH, Ark., April 29 -- Baldor Electric Company markets, designs and manufactures industrial electric motors, mechanical power transmission products, drives and generators. Today, Baldor announced unaudited results for first quarter 2009. John McFarland, Chairman and CEO, commented on the Company's results. "For ... Continue reading
Goodyear Reports First Quarter Financial Results
AKRON, Ohio, April 29 -- -- Continued weak global industry demand, peak raw material costs impact results -- First quarter sales of $3.5 billion on 20% lower tire volumes -- Revenue per tire up 3.4% as Goodyear brand continues market share gains -- Goodyear net loss is $333 million ($1.38 per share) First Quarter 2009 ... Continue reading
Subaru Announces Pricing on All-New 2010 Legacy
- Pricing starts at $19,995 - Roomiest Legacy Ever with New Levels of Comfort, Quietness and Refinement - New 6-speed Manual and CVT Transmissions for Legacy 2.5i Models - 2.5GT Improves to 265-hp Turbo Engine and a New 6-Speed Manual Transmission - New Legacy 3.6R Model Features More Powerful 6-Cylinder Engine CHERRY ... Continue reading
Harbin Electric to Report First Quarter 2009 Financial Results on May 8th
HARBIN, China, April 29 /PRNewswire-Asia-FirstCall/ -- Harbin Electric, Inc., ("Harbin Electric" or the "Company") , a leading Chinese developer and manufacturer of a wide array of electric motors, will host a conference call to discuss the first quarter 2009 financial results at 8:30 a.m. EDT on Friday, May 8th, 2009. ... Continue reading
ZF Sales Decline Slightly in 2008
- 2008 revenues similar to 2007 - Second highest earnings in company history - Equity ratio increases - Company remains strong, technically and financially FRIEDRICHSHAFEN, Germany, April 29 -- After three consecutive years of above-average growth of around 8 percent, ZF Friedrichshafen AG reported sales of $16.3 billi ... Continue reading
Rockwell Automation Reports Second Quarter 2009 Results
MILWAUKEE--Rockwell Automation, Inc. : Organic sales down 18 percent; total sales down 25 percent Diluted EPS of $0.29 Company revises fiscal 2009 EPS guidance to $1.40 - $1.70 Rockwell Automation, Inc. today reported fiscal 2009 second quarter revenue of $1,058.1 million, down 25 percent compared to $1,406.6 million i ... Continue reading
Clean Energy Fuels Corp. to Report First Quarter 2009 Financial Results on May 7, 2009
SEAL BEACH, Calif.--Clean Energy Fuels Corp. announced today it will release first quarter ended March 31, 2009 financial results after market close on Thursday, May 7, 2009, followed by an investor conference call at 5:00 p.m. Eastern time (2:00 p.m. Pacific time). President and Chief Executive Officer of Clean Energy ... Continue reading
KAR Holdings, Inc. to Announce First Quarter 2009 Earnings
CARMEL, Ind.--KAR Holdings, Inc. announced today that it will be releasing its first quarter 2009 earnings on Wednesday, May 13th, 2009. KAR Holdings, Inc. is the holding company for ADESA Inc., Insurance Auto Auctions, Inc. and Automotive Finance Corporation. KAR Holdings, Inc. will also be hosting an earnings confere ... Continue reading
Amerigon Reports 2009 First Quarter Results
NORTHVILLE, Mich., April 29 -- Amerigon Incorporated , a leader in developing and marketing products based on advanced thermoelectric (TE) technologies, today announced results for the first quarter ended March 31, 2009. Product revenues in this year's first quarter were $10.2 million, compared with product revenues of ... Continue reading
Carfax Named Vehicle History Provider For Lamborghini CPO
CENTREVILLE, Va., April 29 -- Carfax today announced that it will be the official provider of vehicle history information for the Lamborghini Certified Pre-Owned (CPO) program. Starting May 1, all certified Lamborghini dealers will be required to run a Carfax Vehicle History Report as part of the extensive certificatio ... Continue reading
Goodyear Again Named America's Most Respected Automotive Company
AKRON, Ohio, April 29 -- The Goodyear Tire & Rubber Company has - for the second year in a row - been recognized as America's most respected automotive company by the Reputation Institute (RI) and Forbes magazine. (Logo: http://www.newscom.com/cgi-bin/prnh/20050204/GTLOGO ) The list, which was released today on www.for ... Continue reading
Volvo and Edmunds.com Steer Business into Mobile with Quattro Wireless
WALTHAM, Mass.--Edmunds.com, the premier online resource for automotive information, has selected Quattro Wireless, mobileâs largest premium ad network, for an exclusive mobile advertising and publishing partnership as they steer their business into mobile channels. Quattro, in partnership with Media Contacts and ... Continue reading
Scion tC Retains Excellent Value for 2010 With No Increase in Price
TORRANCE, Calif., April 29 -- The Scion tC sports coupe retains its value and carries into the 2010 model year unchanged and with no increase to its base price. The 2010 tC will arrive at dealerships in May. The base manufacturer's suggested retail price (MSRP) for the tC is $17,000 when equipped with a five-speed manu ... Continue reading
CTS Awarded Multiple Accelerator Pedal Model Production Programs with Asian Customers
ELKHART, Ind.--CTS Corporation today announced that it was awarded four production programs for its Electronic Throttle Control (ETC) Accelerator Pedal Modules. The awarded programs are: A small, electric, zero-emission and futuristic design vehicle produced by a Japanese automotive manufacturer. A sporty, hybrid coupe ... Continue reading
MORRIS TOWNSHIP, N.J., April 29 -- Honeywell today announced that Alexandre Ismail has been named President and CEO of its $4.6 billion Transportation Systems (TS) business, effective immediately. Ismail, 44, succeeds Adriane Brown who will move into a newly created role as Senior Vice President Energy Strategy. She wi ... Continue reading
Amerityre Makes Change in Top Management
BOULDER CITY, Nev., April 29 -- Amerityre Corporation today announced that the Company's Board of Directors has implemented a management restructuring wherein Gary Benninger, the Company's President and Chief Executive officer, has resigned and Michael Kapral, the Company's Vice President of Marketing, has been appoint ... Continue reading
Month of High Profile LoJack Recoveries Underscores System's Benefits to Society
LoJack System Recovers Carjacked Vehicle, Helps Police Find Multiple $100K Chop Shops, Break Up Major Organized Crime Rings and Apprehend Violent Criminals WESTWOOD, Mass., April 29 -- In the past month, LoJack Corporation's Stolen Vehicle Recovery System has been instrumental in helping police solve a carjacking, brea ... Continue reading
National Motor Club of America Invests in New Membership Management System From Aptify
WASHINGTON, April 29 -- National Motor Club of America (NMC), one of the largest independently owned motor clubs in the United States, has chosen Aptify as its new Membership Management solution. (Logo: http://www.newscom.com/cgi-bin/prnh/20081219/PH53503LOGO ) After using a custom developed solution for twenty-five ye ... Continue reading
Green Star to Demonstrate Plug-In Hybrid Electric Vehicle in May
FRANKFORT, Ky.--Green Star Products, Inc. (OTC: GSPI) announced today that within the next four weeks it plans to publicly test its plug-in hybrid electric vehicle (PHEV). The demonstration will take place in Corbin, Kentucky, where the vehicle will be test driven and evaluated by industry representatives. The plug-in ... Continue reading
WEST PALM BEACH, Fla.--Foreign Affairs: Zero!, a division of Foreign Affairs Auto, Inc., dedicated to providing transportation solutions for businesses, institutions, individuals, and fleets in order to cut energy costs, energy consumption, and carbon emissions has been selected as one of only twelve certified installa ... Continue reading
MOORESVILLE, N.C.--Superlattice Power, Inc. (OTCBB: SLAT) (www.superlatticepower.com), emerging leader in the development and marketing of next generation lithium-powered batteries worldwide, proudly announces joining forces with a battery manufacturing giant, in Asia, to expand production within the US. Superlattice P ... Continue reading
Wright Express Reports First Quarter 2009 Financial Results
SOUTH PORTLAND, Maine--Wright Express Corporation , a leading provider of payment processing and information management services to the U.S. commercial and government fleet industry, today reported financial results for the three months ended March 31, 2009. Total revenue for the first quarter of 2009 decreased 26% to ... Continue reading
Autonet Mobile Now Available at Advance Auto Parts Stores Nationwide
SAN FRANCISCO & ROANOKE, Va.--Beginning today, anyone can turn their ârideâ into a rolling WiFi hotspot. Autonet Mobile, the worldâs first internet service provider for vehicles, announced nationwide availability of its wireless router at more than 3,300 Advance Auto Parts, Inc. , stores and online at ww ... Continue reading
DULUTH, Ga., April 29 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today reported financial results for the first quarter ended March 31, 2009. Income from continuing operations for the first quarter was $2.2 million, or $0.07 per diluted share, compared to ... Continue reading
Popular Heated and Cooled Seat System Offered in Equus for Korean Market Since 2004 Model Year NORTHVILLE, Mich., April 29 -- Amerigon Incorporated , a leader in developing and marketing products based on advanced thermoelectric (TE) technologies, today announced that its proprietary Climate Control Seat(R) (CCS(R)) sy ... Continue reading
Titan Announces All-time Record First Quarter Agricultural Sales
QUINCY, Ill.--Titan International, Inc. : First quarter summary: Sales for first quarter 2009 were $232.6 million, compared to $253.5 million in the first quarter of 2008. However, agricultural sales were an all-time first quarter record of $187.3 million, an increase of over $13 million for the first quarter of 2009, ... Continue reading
MUMBAI, India, April 29 -- The commercial vehicles market in India is set to experience significant changes with the hub-and-spoke model of transportation. With the burgeoning road infrastructure development, commercial vehicle sales will be driven by a focus on application-specific commercial vehicles such as medium a ... Continue reading
STOCKHOLM, Sweden--Regulatory News: SwePart Verktyg has received an order for completion of 8 large trimming dies for stamping of door inner to a leading European automobile manufacturer. Our customer is a large system supplier in Germany and the order is valued at close to 5 MSEK. This order was negotiated by Camitoâ ... Continue reading
Volkswagen Group Holds its Own in a Difficult Market Environment
The Volkswagen Group again demonstrated its market strength in the first quarter of the current fiscal year in the midst of a deep recession. "We further increased our global market share in the first quarter thanks to our new model rollout and strong presence in the key sales markets", said Prof. Dr. Martin Winterkorn ... Continue reading
Volkswagen Brand Announces New Appointments In Global After Sales and Sales Divisions
Michael Horn (46) assumes responsibility for Volkswagen global after sales with effect from June. Horn joined Volkswagen in 1990 and worked on Group and brand strategy before becoming head of Volkswagen sales North West Europe in 1997 and head of sales and marketing luxury class vehicles in 2001. He was named head of s ... Continue reading
Chery set to mass-produce new-energy cars
Chery Automobile will mass produce all its new-energy vehicles by 2010, said Yin Tongyue, director of the automaker to Xinkuai Newspaper. The Anhui-based automaker showcased four new-energy vehicles -- Tiggo 3, Riich M1 EV, A3 hybrid and Futwin Coupe II -- at the 2009 Shanghai auto show which had curtains fall yesterda ... Continue reading
GM Exchange Offers Approved in Europe
The United Kingdom Listing Authority has approved a prospectus to be published by General Motors Corporation in certain jurisdictions in the EU for GM's exchange offers and consent solicitations in which GM is offering to exchange 225 shares of its common stock for each 1,000 U.S. dollar equivalent principal amount (or ... Continue reading
BMW Group Design Talk Villa d'Este 2009: "Art and Design: Is Modesty the New Luxury?"
The Concorso d`Eleganza in the Villa d`Esta was the compelling setting for the annual BMW Group Design Talk assembling top-class participants. The theme chosen for this year's panel discussion was a reflection of the present climate of crisis and change. ... Continue reading
Icon Puts Legendary Falcon GTHO Within Reach of Every Muscle Car Enthusiast
Australia's best known and most valuable 70s muscle car, the Ford Falcon XY GTHO Phase 3, is now within the reach of just about every motoring enthusiast thanks to a brand new release from Sydney company Icon Models. ... Continue reading
Renault Launches Renaultshop And Renault TV
Adapting to 2009's economic environment, Renault is enhancing its visibility to digital audiences, launching two new web-based interfaces - Renaultshop and Renault TV. ... Continue reading
Six months after the releases of New Mégane Hatchback and New Mégane Coupé, the ranges of the two models have been extended to include three new engines (TCe 130, dCi 150 and dCi 160), as well as the introduction of the brand new integrated Carminat TomTom navigation system at a price of EUR490. New Mégane Hatchbac ... Continue reading
GM Restructures Debt to Avoid Bankruptcy
Special to The Auto Channel SeekingAlpha by: Wall Street Strategies April 29, 2009 The General Motors (GM) saga continued on the morning of April 27, with CEO Fritz Henderson announcing an offer to convert more than $27 billion of debt into equity. GM said it would give current bondholders 225 shares for every $1,000 o ... Continue reading
A forthcoming addition to the world of high performance cars, the all-new Porsche Panamera will be equipped with specially designed Michelin Pilot Sport and Pilot Alpin tyres. Michelin has used its extensive technological skills to provide Porsche's four-door GT with optimum grip on wet or dry roads and in hot or cold ... Continue reading
Audi AG Establishes Fully-Owned Subsidiary in China
Audi AG established Audi (China) Enterprise Management Co. Ltd., Beijing, on April 18, 2009. Its business purpose is to coordinate all Audi activities in China, in close cooperation with the Changchun-based joint venture FAW-VW. The new company's activities will include operating a test center for infotainment systems ... Continue reading
No More Boredom on Long Car Journeys - Rear Seat Entertainment System for the Volkswagen Touareg
Parents want to be sure that their children are well and, most of all, safely entertained on long car journeys - so the whole family reaches the destination safely and relaxed. With the Rear Seat Entertainment System from Volkswagen Accessories, little passengers in the rear of the Volkswagen Touareg can watch their fa ... Continue reading
Goodwood Says Mini Happy Returns to a British Motoring Icon
That most iconic and best-loved of British cars - the Mini - celebrates its 50th anniversary this year. To help mark this important event, Goodwood will have a number of Minis of all shapes and sizes at its celebrated 2009 Motor Sport events; the Festival of Speed (from 3-5 July) and the Goodwood Revival (18-20 Septemb ... Continue reading
Lamborghini Selects Lightweight Zircotec Coating for Murciélago LP 670-4 SuperVeloce
Automobili Lamborghini has selected automotive coating specialist Zircotec to supply a high performance thermal barrier for the lightweight Murciélago LP 670-4 SuperVeloce. The ceramic based thermal coating is applied to the exhaust system and reduces the need for heat shields while allowing heat sensitive lightweight ... Continue reading
New Toyota Prius Technology and Innovation - Hybrid Synergy Drive
It is said that when you are at the top, the only way you can go is down. Not so for the remarkable Toyota Prius, which this summer takes its advanced hybrid power technology and environmental leadership on to a higher level. ... Continue reading
New Mercedes-Benz Dealership Opens in Sydney: Northside Star
The newest star to shine under Sydney's skies is now open for business, and will this evening celebrate its official addition to the three-pointed star's successful 30-strong authorised sales, service and repair dealer network in New South Wales. ... Continue reading
Hyundai Integrates its Models With Key Television Shows
Hyundai's Santa Fe mid size SUV is playing a key role as a Mobile Response Unit (MRU) in Australia's favourite medical drama 'All Saints' on Network 7. The newly formed MRU is made up of the Santa Fe and a helicopter that will see exciting stories unfold in the new series. Art imitates life across the Tasman, where the ... Continue reading
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