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February 2010

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Saturday, February 6, 2010

Ford Figo set to hit Indian roads next month

Ford Figo set to hit Indian roads next month

CHENNAI: Before the end of next month, Ford Motor Company’s ‘Figo’ — the sub-B category car — will hit the Indian roads, triggering further competition in the compact car segment that currently generates over 70% of the country’s total new car sales. Figo, the sixth new Ford model to be in ... Continue reading

Ford India's new engine plant inaugurated

Ford India's new engine plant inaugurated

Ford today formally inaugurated its facility at its Chennai plant that is meant to be turned into ‘Ford's global low displacement engines' hub. The facility will produce both petrol and diesel engines. The engines that will be produced initially will go into Ford's small car — the Figo, whose commercial production ... Continue reading

Toyota cars are safe': Company president

Toyota cars are safe': Company president

TOKYO: Toyota president Akio Toyoda said Friday he was "deeply sorry" for the recall of millions of cars around the world due to faulty accelerator pedals, but insisted the company's vehicles were safe. In his first press conference on the crisis, Toyoda admitted that the company faced "a moment of crisis" but pledged ... Continue reading

TN to come out with new auto policy

TN to come out with new auto policy

The Tamil Nadu government is planning to formulate an industry-specific sectoral policy for automobiles and components. The policy is likely to be finalised in the next three months, said deputy chief minister MK Stalin. Speaking after inaugurating the manufacturing facility of Ford India’s small car Figo here on ... Continue reading

Ford India launches commercial production of Figo

Ford India launches commercial production of Figo

CHENNAI: Ford India today launched the commercial production of its compact car Figo at its Maraimalai Nagar plant here. Chief Minister M Karunanidhi inaugurated the production of Figo, the company''s first compact car through which it aims to capture a big slice of the booming small car market. Ford had signed an MoU ... Continue reading

The computers that make modern cars go (and stop)

The computers that make modern cars go (and stop)

The electronic systems in modern cars and trucks – under new scrutiny as regulators continue to raise concerns about Toyota vehicles – are packed with up to 100 million lines of computer code, more than in some jet fighters. "It would be easy to say the modern car is a computer on wheels, but it’s more like 30 or ... Continue reading

Toyota Situation Provides Great Opportunity for America to Examine the Frivolous Lawsuit Epidemic

Toyota Situation Provides Great Opportunity for America to Examine the Frivolous Lawsuit Epidemic

AUTO CENTRAL - February 5, 2010: There was a time in America, when people would hope to make something out of themselves via hard work, ingenuity, and a little luck; sometimes a lot of luck. But along with the proliferation of TV sound-bites replacing well thought out and articulated statements, and the beatification o ... Continue reading

Toyota Recall Update #22: Toyota President Apologizes for Recalls

Toyota Recall Update #22: Toyota President Apologizes for Recalls

TOKYO —Toyota Motor President Akio Toyoda, in his current job only seven months, extended an unusually personal apology on Friday to Toyota owners: "I deeply regret that I caused concern among so many people. We will do our utmost to regain the trust of our customers." The 53-year-old Toyoda, great-grandson of com ... Continue reading

Danica Patrick Gets Ready for Stock Car Debut in the ARCA Lucas Oil Slick Mist 200 at Daytona - BEHIND-THE-SCENES VIDEO

Danica Patrick Gets Ready for Stock Car Debut in the ARCA Lucas Oil Slick Mist 200 at Daytona - BEHIND-THE-SCENES VIDEO

DAYTONA BEACH, FL - February 3, 2010: Racing sensation Danica Patrick is ready to move on to an entirely new venue, stock cars. And this weekend's ARCA series race will be the start of it all. Danica will be driving the GoDaddy.com Chevrolet. The original GoDaddy.com television commercial for the 2010 Super Bowl was tu ... Continue reading

Nissan Announces New Assignments In Americas Region and Global Headquarters

Nissan Announces New Assignments In Americas Region and Global Headquarters

YOKOHAMA, Japan and FRANKLIN, Tenn., Feb. 5 -- Today, Nissan announced leadership changes within the Nissan Americas region and within teams based at Nissan Global Headquarters. The following changes are effective April 1. -- Takashi Sakagami, General Manager, Corporate Planning for Nissan Motor Co., Ltd. (NML), has be ... Continue reading

Nissan and Infiniti to Display at the 2010 Chicago Auto Show

Nissan and Infiniti to Display at the 2010 Chicago Auto Show

CHICAGO, Feb. 5 -- With just a week to go before the nation's biggest automotive exposition opens to the public, Nissan and Infiniti officially opted to display their popular brands at the Feb. 12-21 Chicago Auto Show. (Logo: http://www.newscom.com/cgi-bin/prnh/20091119/DC14698LOGO-a) (Logo: http://www.newscom.com/cgi- ... Continue reading

Subaru Announces Pricing on New 2010 Impreza WRX Limited Models

Subaru Announces Pricing on New 2010 Impreza WRX Limited Models

- Impreza 4-Door WRX Limited Price $28,495 / 5-Door WRX Limited Price $28,995 - - Newly Equipped with HID Headlights, SIRIUS Satellite Radio & Leather-Trimmed Seats - CHERRY HILL, N.J., Feb. 5 -- Subaru of America, Inc. today announced pricing on new mid-year 2010 Impreza® WRX® Limited Models. The 4-door WRX Limited ... Continue reading

AeroMechanical Services Ltd. Named as Part of 2010 TSX Venture 50

AeroMechanical Services Ltd. Named as Part of 2010 TSX Venture 50

CALGARY, Alberta--TSX Venture Exchange today announced that AeroMechanical Services Ltd. (“AMA”) has been named as the number one ranked company within the diversified industries sector of the TSX Venture 50, a ranking of strong performers listed on the TSX Venture Exchange. TSX Venture 50 is comprised of 10 emergi ... Continue reading

Beaudry RV Company Pushes for an RV Centennial Month

Beaudry RV Company Pushes for an RV Centennial Month

Tucson, AZ – RVIA is heading to Capitol Hill to inform congress of the importance of the RV industry. They will be pushing for more than education; they’ll also be encouraging recognition of an industry that has been part of US history for a hundred years. By naming June RV Centennial Celebration Month, c ... Continue reading

Chesley Files Amended Class Action in Ohio Against Toyota

Chesley Files Amended Class Action in Ohio Against Toyota

CINCINNATI, Feb. 5 -- Stanley M. Chesley from the Cincinnati, Ohio-based law firm of Waite, Schneider, Bayless & Chesley Co., L.P.A. today amended a major class action lawsuit against Toyota Motor Corp. and other Toyota affiliates. The case is based on the sudden acceleration defect in millions of Toyota automobiles th ... Continue reading

Class Action Lawsuit Seeks Immediate Expansion of Toyota Recalls

Class Action Lawsuit Seeks Immediate Expansion of Toyota Recalls

REDLANDS, Calif., Feb. 5 /PRNewswire-USNewswire/ -- The law firm of McCuneWright, LLP has filed for a preliminary injunction in United States District Court, Central District of California seeking an immediate order requiring Toyota to expand the Sudden Unintended Acceleration recalls. McCuneWright, which filed the fir ... Continue reading

Daimler AG intends to appoint Dr. Wolfgang Bernhard as a member of the Board of Management

Daimler AG intends to appoint Dr. Wolfgang Bernhard as a member of the Board of Management

STUTTGART, Germany, Feb. 5 -- Daimler AG (stock-exchange abbreviation DAI) intends to appoint Dr. Wolfgang Bernhard as a full member of the Board of Management of Daimler AG. In this context, following consultations with the Presidential Committee of the Supervisory Board, the Chairman of the Supervisory Board of Daiml ... Continue reading

Frank Kimmel Qualifying

Frank Kimmel Qualifying

Having trouble viewing this email? Click here http://campaign.constantcontact.com/render?v=0018GD5KmAFhowW65j1WKzgeOZ e0oU-XsmlYwG1KUP1aynTdeay5uTiOUJxPXRnroo4VZFJ9dzp4aPzFASDzH9NGhFFUIrYeg DDNorZsFFNVeAklhRBkTK1Ug%3D%3D ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~ Date: Friday, Feb ... Continue reading

Internet Bidders Log on to State Vehicle Sale

Internet Bidders Log on to State Vehicle Sale

SACRAMENTO, Calif.--The Department of General Services fleet division is in the midst of auctioning 50 vehicles online; its largest ever online vehicle auction. The auction will close on February 10, 2010. Participants must register with the site in order to bid on available vehicles. This is the first wave of statewid ... Continue reading

Neblett, Beard & Arsenault Announces Class Action Lawsuit Filed Against Toyota Over Alleged Throttle Control Defect

Neblett, Beard & Arsenault Announces Class Action Lawsuit Filed Against Toyota Over Alleged Throttle Control Defect

NEW YORK--Richard J. Arsenault of Neblett, Beard & Arsenault, along with co-counsel have filed a class action lawsuit against Toyota Motor Sales and Toyota Motor Corporation in the United States District Court Southern District of New York (10 CIV 0900). “Understandably, Toyota owners believed that their vehicles wer ... Continue reading

OSCEOLA DRAGWAY JOINS NHRA MEMBER TRACK LISTING

OSCEOLA DRAGWAY JOINS NHRA MEMBER TRACK LISTING

OSCEOLA DRAGWAY JOINS NHRA MEMBER TRACK LISTING GLENDORA, Calif. (Feb. 5, 2010) - NHRA officials have announced that Osceola Dragway in Osceola, Ind., has switched to NHRA affiliation for the upcoming 2010 season. This is the first time that the quarter-mile facility, originally built in 1957, has operated under the NH ... Continue reading

Pa. Toyota Owner Files Suit

Pa. Toyota Owner Files Suit

LANCASTER, Pa., Feb. 5 /PRNewswire-USNewswire/ -- A Lancaster County, Pennsylvania resident, D. Gumble, has filed a federal court complaint on behalf of a Pennsylvania class against Toyota and related entities for defects in Toyota vehicles. Gumble is represented by RodaNast, P.C. and attorneys Dianne Nast and Erin Bur ... Continue reading

Patrick Sheltra Matches Career Best Speedway Qualifying Effort At Daytona

Patrick Sheltra Matches Career Best Speedway Qualifying Effort At Daytona

Patrick Sheltra Matches Career Best Speedway Qualifying Effort At Daytona “Sheltra Posts Same Time / Speed As IZOD IndyCar Driver Danica Patrick�?? DAYTONA BEACH, Florida (February 5, 2010) - - ARCA Racing Series veteran driver Patrick Sheltra had to wait nearly two and a half hours after going out 15th Frid ... Continue reading

Penske Donates Trucks to Clinton Bush Haiti Fund to Support Relief Efforts

Penske Donates Trucks to Clinton Bush Haiti Fund to Support Relief Efforts

DETROIT, Feb. 5 -- Penske Corporation and its family of companies announced that today it has donated over $1 million worth of diesel-powered flatbed trucks to the Clinton Bush Haiti Fund. "I'm pleased the Penske Corporation has stepped up to donate more than $1 million worth of trucks, which will be instrumental in mo ... Continue reading

Subaru Continues to Break Sales Records and Support Charitable Causes

Subaru Continues to Break Sales Records and Support Charitable Causes

- Automaker to Present Proceeds from 'Share the Love Event' at Chicago Auto Show - CHICAGO, Feb. 5 -- Subaru of America, Inc., coming off a record-breaking 2009, will present checks to the five charities involved in its unique Share the Love Event campaign at 9 a.m. during the Chicago Auto Show on Thursday, February 11 ... Continue reading

Toyota Prius Brake Problem Causes Increase in Purchase Intent; Edmunds.com Comments

Toyota Prius Brake Problem Causes Increase in Purchase Intent; Edmunds.com Comments

SANTA MONICA, Calif.--In an issue not related to the recent Toyota Recall, Edmunds.com, the premier online resource for automotive information, has released new information regarding the 2010 Toyota Prius brake problems. “When a car or automaker receives bad press, people sense an opportunity to pick up a bargain” ... Continue reading

Troxel to show off Funny Car at So-Cal In-N-Out location

Troxel to show off Funny Car at So-Cal In-N-Out location

Troxel to show off Funny Car at local In-N-Out location in So-Cal COVINA, Calif. (Feb. 5) -- Fans in Southern California will get a sneak peek of Melanie Troxel's In-N-Out Burger Dodge Charger R/T Funny Car from 5-7 p.m., Wednesday, Feb. 10, at the In-N-Out Burger location on 1371 Grand Avenue in Covina, Calif. The qui ... Continue reading

ASA Press Release - VIDEO HIGHLIGHTS FROM THE ASA FREE STATE 500

ASA Press Release - VIDEO HIGHLIGHTS FROM THE ASA FREE STATE 500

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~ PRESS RELEASE February 5, 2010 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~ For Immediate Release Contact: Kevin Ramsell,ASA Public Relations Director (kramsell@asa-racing.com [mailto:racingpr@me.com]) ... Continue reading

Lear Reports Fourth-Quarter and Full-Year 2009 Financial Results

Lear Reports Fourth-Quarter and Full-Year 2009 Financial Results

SOUTHFIELD, Mich., Feb. 5 -- Lear Corporation , a leading global supplier of automotive Seating and Electrical Power Management systems, today reported financial results for the fourth quarter and full year of 2009, as follows: -- Fourth Quarter core operating earnings of $116 million -- Year-end 2009 cash balance of $ ... Continue reading

Paragon Offers Car Buyers Shelter from the Storm

Paragon Offers Car Buyers Shelter from the Storm

NEW YORK, Feb. 5 -- A group of Honda dealers have created the Vehicle Exchange Program in response to a wave of car owners flooding Honda dealerships to safeguard their personal safety and the resale value of one of their cars. With Honda boasting the highest resale value of any car sold in America, car owners have hon ... Continue reading

RaceFanRadio Crew Ready for PKE2010 Live Broadcast...Starts Today!

RaceFanRadio Crew Ready for PKE2010 Live Broadcast...Starts Today!

FOR IMMEDIATE RELEASE: INDIANAPOLIS (February 5, 2010) – On Thursday, the RaceFanRadio crew unpacked for this weekend's live videocast of the PKE2010 held at the Southpoint Hotel and Casino on the south end of the Las Vegas strip. Southpoint Hotel & Casino, Las VegasLive radio updates will start Friday at 3pm EST / N ... Continue reading

Remy International, Inc. Forms New Business Unit to Further Target EV/HEV Markets and Names Business Leader

Remy International, Inc. Forms New Business Unit to Further Target EV/HEV Markets and Names Business Leader

PENDLETON, Ind., Feb. 5 -- Remy International, Inc. today announced the launch of a new business unit that will accelerate its efforts to provide high-output electric drive motors for the emerging markets of electric and hybrid-electric vehicles and equipment. Remy International's Kevin Quinn will lead the newly formed ... Continue reading

Solid Practice Session for the No. 44 Ansell/Menards Team Sets the Tone for Daytona Opener

Solid Practice Session for the No. 44 Ansell/Menards Team Sets the Tone for Daytona Opener

Having trouble viewing this email? Click here http://campaign.constantcontact.com/render?v=0018GD5KmAFhowW65j1WKzgeM9 Szy_kqTwc2pSSnRNy8LoOLiIMJr8FipQ67hFs-Jre7HF95_t9yXeB5ZcXPqeJYgBxLN6Xar s4GG03lVnRkXlQknYEEYYP-Q%3D%3D ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~ Solid Practice Se ... Continue reading

Volvo Group Announces Academic Partnership with Pennsylvania State University

Volvo Group Announces Academic Partnership with Pennsylvania State University

WASHINGTON--Regulatory News: “This is a wonderful development for the faculty and students at Penn State” At the Renewable Energy Technology Conference & Exhibition (RETECH 2010) the Volvo Group (STO:VOLVA) (STO:VOLVB) today announced its first academic partnership in North America. Penn State was chosen as part of ... Continue reading

Cars.com Launches Free Car Shopping App for iPhone

Cars.com Launches Free Car Shopping App for iPhone

CHICAGO, Feb. 5 -- Cars.com announced today the availability of a free iPhone Cars.com car shopping application that helps mobile shoppers search dealer inventories and private-party listings to locate the vehicle they want. The app, which also works on the iPod Touch and upcoming iPad, can be downloaded from the App S ... Continue reading

Dana Holding Corporation to Participate in 2010 Barclays Capital Industrial Select Conference on February 18

Dana Holding Corporation to Participate in 2010 Barclays Capital Industrial Select Conference on February 18

MAUMEE, Ohio, Feb. 5 -- Dana Holding Corporation announced today that Executive Vice President and Chief Financial Officer Jim Yost will participate in the upcoming Barclays Capital Industrial Select Conference in South Beach, Florida. Mr. Yost will present from 2:55 p.m. to 3:40 p.m. EST on Thursday, Feb. 18, discussi ... Continue reading

Old Spice and NASCAR(R) Driver Tony Stewart Rev Up for 11th Season Together and Return of Popular Victory Towel Auction for Charity

Old Spice and NASCAR(R) Driver Tony Stewart Rev Up for 11th Season Together and Return of Popular Victory Towel Auction for Charity

CINCINNATI, Feb. 5 -- Just in time for the 2010 NASCAR racing season, Old Spice and two-time NASCAR Sprint Cup Series champion Tony Stewart announced today that they are bringing back their signature Victory Towel Auctions - giving fans the opportunity to bid on an unusual piece of racing history and help those in need ... Continue reading

Resending- USARacing Announces Race-Day Times, Rules Changes for 2010 Pro Cup Series Season

Resending- USARacing Announces Race-Day Times, Rules Changes for 2010 Pro Cup Series Season

*Re-sized and re-sent *USARacing Announces Race-Day Times, Rules Changes * *For 2010 Pro Cup Series Season* *FOR IMMEDIATE RELEASE* ** CONCORD, N.C. (February 5, 2010) – In an effort to cut costs for USARacing teams, Pro Cup Series officials announced Friday they have trimmed the at-track schedules by two hours for t ... Continue reading

Toyota Motor Corporation President Akio Toyoda Announces Global Quality Task Force

Toyota Motor Corporation President Akio Toyoda Announces Global Quality Task Force

February 5, 2010 Toyota Motor Corporation President Akio Toyoda spoke at a press conference today in Nagoya. Mr. Toyoda expressed his deep regret for the inconvenience and concern caused to our customers. He also announced that he personally will take the lead toward improving quality around the world by establishing a ... Continue reading

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