Lithia Motors Makes Progress on Store Divestitures; Raising Capital
MEDFORD, Ore.--Lithia Motors, Inc. advanced another step forward in their restructuring plans announced on June 2nd with the sale of three more store locations. Lithia Dodge of Sioux Falls and Lithia Chevrolet of Sioux Falls were both sold to Billion Automotive on Monday, September 29th, and Lithia Chrysler Jeep Dodge ... Continue reading
PennDOT Gives Dealer Green Light to Sell ZAP Electric Car
LITITZ, Pa.--Mike Cronin, owner of Lititz Car Company, announced the Pennsylvania Department of Transportation has given the green light to sell a new 40 MPH electric car and truck from ZAP (OTCBB:ZAAP). Cronin said ZAP cars and trucks have generated sales interest since arriving at his dealership this summer. Because ... Continue reading
Big Ideas for a Brilliant Small Car - Toyota Presents Production-ready iQ at Paris Show
iQ redefines what a car should be in today's era of congested cities and increased environmental awareness, not least by achieving carbon dioxide emissions levels that start at 99g/km. At the same time it is fun to drive with outstanding dynamics and advanced powertrain technology. ... Continue reading
Toyota Presents the New Avensis
Building on the success of its predecessors, Toyota's new European flagship delivers a new level of superior quality, dynamic handling and refined ride comfort. ... Continue reading
Odyne Corporation Awarded Patent for Battery Energy Management and Monitoring System
HAPPAUGUE, N.Y.--Odyne Corporation (OTCBB:ODYC), a clean technology company that develops advanced hybrid electric vehicle propulsion systems, announced today that the U.S. Patent Office has approved application number 11-315,927 for its Battery Energy Management and Monitoring System. Odyne has now been awarded three ... Continue reading
Garmin Announces the GPSMAP 600 Series:Touchscreen, Rugged and Ready for Land or Sea
OLATHE, Kan.--Garmin International Inc., a unit of Garmin Ltd. , the global leader in satellite navigation, today announced the GPSMAP 640 â an ultra portable and rugged touchscreen navigator that comes preloaded with a comprehensive set of street maps and marine charts. Garmin also introduced the GPSMAP 620, whic ... Continue reading
Autoliv Introduces New Environmentally Friendly Steering Wheel Material
STOCKHOLM, Sweden--Regulatory News: Autoliv Inc. (STO:ALIV) â the global leader in automotive safety systems â has developed a new material for steering wheels that is more environmentally friendly and offers several other advantages. The new patented product will be introduced on the new 2009 Renault Méga ... Continue reading
Valeo's Smart Key: Keeping in Touch With Your Vehicle
PARIS, October 2 -- Valeo, always at the forefront of the latest developments in vehicle access systems, will unveil its smart key at the Paris Motor Show. The smart key provides a genuine interface between driver and car, allowing people to send information to their vehicle over a considerable distance (several hundre ... Continue reading
3M Completes Acquisition of Meguiar's Inc.
ST. PAUL, Minn.--3M announced today it has completed its acquisition of Meguiarâs Inc., the 100-year-old family business that manufactures the leading Meguiarâs brand of car care products for cleaning and protecting automotive surfaces. Terms of the transaction were not disclosed. Meguiarâs brings its re ... Continue reading
Valeo Equips the Volvo XC60 With its MicroOptics Technology
PARIS, October 2 -- Valeo announces that the rear lighting of the new Volvo XC60 features its new MicroOptics technology. Valeo is the first automotive supplier to offer a unique lighting and signaling style, using a new optical surface that spreads light uniformly. MicroOptics(TM) can diffuse a fully configurable ligh ... Continue reading
Royal Coachman Demonstrates Environmental Leadership in Transportation
Please see the below/attached Press Release about Royal Coachman Worldwide and what they - in an industry of visible polluters - are doing to become environmentally sustainable: royalogo_solid_c Royal Coachman Demonstrates Environmental Leadership in Transportation Royal Coachman Worldwide announces Green Ride Global M ... Continue reading
International Automobile Dealers Announce Monthly Sales
Industry Overall Sales Lowest in 15 years ALEXANDRIA, Va., Oct. 2 /PRNewswire-USNewswire/ -- The American International Automobile Dealers Association (AIADA) today released September 2008 sales figures for the international automobile industry. AIADA represents over 11,000 international franchises, which after six mon ... Continue reading
4.1 Liter Fuel Consumption and 109 g/km CO2: Passat BlueMotion II Revolutionizes the Diesel World
Never before did a Passat have better fuel economy. Never before was a Passat cleaner. Never before was there a Passat that consumes just 4.1 liters of fuel per 100 kilometers, thereby reducing CO2 emissions to only 109 g/km. Now it does exist: the Passat Variant BlueMotion II. This Volkswagen already fulfills the Euro ... Continue reading
ExxonMobil Chemical Completes Exxsol Hydrocarbon Fluids Capacity Expansion in Singapore
SINGAPORE--ExxonMobil Chemical has completed a 130,000 tons per year capacity expansion at its Exxsol hydrocarbon fluids plant in Jurong Island, Singapore, increasing capacity at this site to more than 500,000 tons per year. The new capacity is designed to meet demand for differentiated hydrocarbon fluid products in As ... Continue reading
Valeo's Driving Assistance Systems Act as Co-Pilots for Low-Speed Maneuvers
PARIS, October 2 -- Valeo's driving assistance systems act as virtual co-pilots, assisting the driver's own eyes. Based on its full range of radar, ultrasonic and camera surveillance systems, Valeo offers solutions that monitor the vehicle's environment and provide the driver with 360degrees vision thus enhancing safet ... Continue reading
A New Access Version For The Clio Renaultsport R3
Clio Renaultsport R3 Access is the new entry level version of the R3 Maxi - developed for customers wishing to compete in rallies. Renault Sport Technologies has used the R3 Maxi as a base to produce an extremely competitive Access version which has opened up the world of rallying to an even wider audience. ... Continue reading
Citroen Hypnos - Creativity and Technologies
Citroën is revealing its new concept car, Hypnos, at the 2008 Paris Motor Show. An elegant and distinctive cross-over vehicle, Hypnos explores new avenues in the design of luxury ecological vehicles. Its creative technologies deliver outstanding performance and environmental efficiency, combined with subtle but powerf ... Continue reading
Venturi Volage Introduced at Paris Motor Show
This new Venturi incorporates innovations which have enabled radical changes in terms of the vehicle's architecture, style, dynamic behaviour and, more generally, the design of a modern vehicle. ... Continue reading
PGO Automobiles unveils the PGO Hemera
Comfortable, luminous and dynamic, the PGO Hemera is a mix of a coupe and a shooting break. ... Continue reading
Pinninfarina B0: the solution for a cleaner world
Bolloré and Pininfarina have entered into a partnership featuring all the expertise required to launch serial production of an electric car which, thanks to its technical characteristics and its attractive styling, is bound to make waves in motoring circles. ... Continue reading
Microcar Introduces the M.Go Electric
With our 27 years of experience, Microcar developed the M.GO Electric based on our extensive expertise. By producing a 100 % clean car, Microcar once again proves its commitment to the environment. ... Continue reading
Hyundai Presents the New i20 and i20 blue at the Paris Motor Show
With its fresh and head-turning styling, versatile interior, class-leading safety and engaging driver dynamics, the sparkling new i20 takes centre stage on the Hyundai stand at this year's Paris Mondial de l'Automobile. At the show,the company also introduces the the latest addition to the i-blue range: the i20 blue. ... Continue reading
Maserati Presents the New Quattroporte
The new Maserati Quattroporte, today more than ever, is the ideal synthesis of two seemingly different souls: that of the luxury sedan and that of the grand tourer. ... Continue reading
The new concept car of SsangYong Motor has been named 'C200' to convey its characteristics: Compact, City, and Convenience. SsangYong Motor has effectively leveraged its advanced design competencies to create a design that exudes a young and urban image. ... Continue reading
New Suzuki Alto: An Eco- friendly, Stylish, and Compact Winner
The new Alto combines eye-catching style and easy urban mobility with great performance in terms of fuel efficiency and CO2 emissions, thereby meeting the lifestyle needs of today's motorists and the pressing global need for environmental compatibility. ... Continue reading
Ford unveils all-new 'Custom' Ka at Paris Motor Show
Three factory-fitted packs have been specially developed for the all-new Ka, offering a combination of exciting interior and exterior designs based on very different themes. ... Continue reading
KVH Provides Third Quarter Update
MIDDLETOWN, R.I., Oct. 2 -- KVH Industries, Inc., reported today that preliminary, unaudited results indicate the company will report revenue in the range of approximately $15.6 million to $16 million for the third quarter of 2008 compared to revenues of $17.6 million in the year earlier period. As a result of the lowe ... Continue reading
DENSO to Build New Test Facility for Diesel Common Rail Systems in Japan
KARIYA, Japan, Oct. 2 -- DENSO Corporation announced today that it will build a new test facility at its Zenmyo Plant located in Nishio, Aichi, Japan for testing common rail systems-fuel injection systems for diesel vehicles. With a total investment of approximately 8 billion yen (approximately US$77.2 million*), const ... Continue reading
Herr to Start SPEED TC Finale from Pole at Road Atlanta
BRASELTON, Ga. Oct. 2, 2008 â Chip Herr, of Lititz, Pa., earned his sixth-career pole position in qualifying for Fridayâs SCCA Pro Racing SPEED World Challenge Touring Car Finale Presented by Toyo Tires®, part of the 11th Annual Petit Le Mans Presented by the Totally New MAZDA6 at Road Atlanta. Rookie Patr ... Continue reading
Honeywell Addressing Growth in Turbochargers for Small-Displacement Engines
VNT(TM) 3rd Generation for Diesel and New Gasoline Technologies Enable Engine Downsizing PARIS, Oct. 2 -- Honeywell has announced that it is scheduled to launch turbo applications that will be fitted on over 200 small engine vehicles in the next two years. The focus on small engines reflects a market trend that sees sm ... Continue reading
Hacquard Faces Road Atlanta in Penultimate Round
Braselton, Georgia October 02, 2008 â Taylor Hacquardâs rookie year competing in the 2008 Star Mazda Championship Presented by Goodyear starts to wind up this weekend with the penultimate race of the season, Round 11, hosted at Georgiaâs Road Atlanta circuit on Friday 3rd October. Forming part of an impr ... Continue reading
WABCO Announces Multi-Year Contract With ZF
BRUSSELS, Belgium, October 2 -- WABCO Holdings Inc. , a global technology leader in the commercial vehicle industry, today announced the extension of a long-term agreement to supply ZF with transmission automation systems for their "AS Tronic" and "AS Tronic lite" automatic transmissions. WABCO's extended contract with ... Continue reading
BLACK SWAN'S PAPPAS LIVES, RACES GREEN 24/7
Braselton, GA., Oct. 2, 2008 - Tim Pappas' Black Swan Racing has its Doran Ford GT-R entered in GT2 at Petit Le Mans. Tim Pappas, President and CEO of Pappas Enterprises Inc., as well as driver and team owner of the Black Swan Racing's Falken-shod Doran Ford GT-R (in GT2), talks about his passion for greening the plane ... Continue reading
TOLEDO, Ohio, Oct. 2 -- Dana Holding Corporation announced today that it has drawn $200 million in principal amount under its existing $650 million secured revolving credit facility to solidify its liquidity during the current uncertainty in the financial markets. (LOGO: http://www.newscom.com/cgi-bin/prnh/19990903/DAN ... Continue reading
A1GP Drivers Get on Their Bikes in Amsterdam
London, Great Britain, Oct. 2, 2008 â In the build up to the 2008/09 A1GP World Cup of Motorsport season opener at Zandvoort this weekend a selection of drivers limbered up with a bicycle tour of Amsterdam. Leaving their new A1GP Powered by Ferrari cars at the track, some of the drivers headed into the city for a ... Continue reading
Lexus Reveals IS Convertible at Paris Motor Show - VIDEO ENHANCED
TORRANCE, Calif., Oct. 2 -- Lexus today revealed the IS retractable hard-top convertible at the 2008 Paris Motor Show. Continuing the performance and styling trends set by the IS luxury sport sedans, the IS 250C and IS 350C will come to the U.S. in the late spring of 2009. Featuring a three-panel roof that opens in jus ... Continue reading
A1 Teams Given Green Light for Zandvoort Race
London, Great Britain, Oct. 2, 2008 â A1GP World Cup of Motorsport will have a maximum of 18 cars on the grid for its first race of the 2008/09 season, A1GP Zandvoort, The Netherlands. âWe cannot blame any of the missing teams for a lack of effort. They all burnt the midnight oil and worked as hard as humanly ... Continue reading
SOUTHFIELD, Mich., Oct. 2 -- Federal-Mogul Corporation today announced that the Company's third quarter 2008 financial results conference call and audio Web cast will be held on Wednesday, October 22, 2008 at 9:00 a.m., EDT. To participate in the call: Domestic calls: 888-680-0878 International calls: 617-213-4855 Pass ... Continue reading
Genuine Parts Company Announces 3rd Quarter 2008 Earnings Release Date and Conference Call
ATLANTA, Oct. 2 -- Genuine Parts Company plans to release Third Quarter Earnings on October 17, 2008. Management will also conduct a conference call on this date at 11:00 a.m. Eastern time. You are invited to join the call, which will be hosted by Chairman, President and CEO Tom Gallagher and Vice Chairman and CFO Jerr ... Continue reading
Toyota Announces Zero-Percent Offer
TORRANCE, Calif., Oct. 2 -- Toyota Motor Sales (TMS), U.S.A., Inc., today announced a zero-percent interest rate offer on eleven Toyota models for qualified buyers. Expiring November 3, 2008, the loan offer varies by model, with terms ranging from 36 to 60 months. Taking aim at the credit squeeze which has sidelined ma ... Continue reading
NEW YORK and CHANGSHA, China, Oct. 2 /Xinhua-PRNewswire-FirstCall/ -- Tongxin International, Ltd. ("Tongxin") ("Company") a manufacturer of engineered commercial vehicle body structures ("EVBS"), SUV passenger vehicle bodies and stamped body parts for the Chinese commercial vehicle market, today announced that the Comp ... Continue reading
Navistar Defense Begins Producing MaxxPro Dash To Reach Full Production by Mid-October
WARRENVILLE, Ill.--Navistar International Corporation Navistar Defense has begun to produce the International® MaxxPro⢠Dash at the companyâs West Point, Miss., plant with delivery of 822 units to be completed by February 2009. Full production is scheduled to begin by mid-October. Designed for the unique c ... Continue reading
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