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May 2008

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Tuesday, May 6, 2008

TUESDAY INDY 500 PRACTICE TIMES

TUESDAY INDY 500 PRACTICE TIMES

INDIANAPOLIS - Practice Tuesday for the 92nd Indianapolis 500 IndyCar Series event on the 2.5-mile Indianapolis Motor Speedway, with position, car number in parentheses, driver, chassis-engine and speed: 1. (26) Marco Andretti, Dallara-Honda, 226.599 2. (11) Tony Kanaan, Dallara-Honda, 225.269 3. (9) Scott Dixon, Dalla ... Continue reading

ArvinMeritor Announces Plan to Spin Off Light Vehicle Systems Business to Shareholders

ArvinMeritor Announces Plan to Spin Off Light Vehicle Systems Business to Shareholders

TROY, Mich., May 6 -- ArvinMeritor, Inc. today announced that its board of directors has approved a plan to spin off its Light Vehicle Systems (LVS) business to ArvinMeritor shareholders, with the Commercial Vehicle Systems (CVS) business remaining with ArvinMeritor. "The plan to separate our two businesses is the resu ... Continue reading

Ener1, Inc. Announces Date for First Quarter 2008 Results and Management Conference Call

Ener1, Inc. Announces Date for First Quarter 2008 Results and Management Conference Call

FORT LAUDERDALE, Fla., May 6 -- Ener1, Inc. (BULLETIN BOARD: ENON) will release its first quarter results for 2008 on Monday, May 12, 2008 before the market open. Management will conduct a conference call on the same day, Monday, May 12, 2008, at 10:00 a.m. Eastern Daylight Time, to discuss the first quarter results an ... Continue reading

D.C. United and Volkswagen Ink Landmark Sponsorship Agreement

D.C. United and Volkswagen Ink Landmark Sponsorship Agreement

Five-year partnership between Volkswagen and D.C. United highlighted by jersey sponsorship rights WASHINGTON, May 6 -- D.C. United and Volkswagen of America, Inc. today announced a five-year partnership agreement that will see the two brands join forces in a landmark deal that includes Volkswagen's logo on the shirts o ... Continue reading

Avis Budget Group Reports Results for First Quarter 2008

Avis Budget Group Reports Results for First Quarter 2008

- First quarter revenue increased 6%, to a record $1.4 billion. - Generated EBITDA of $44 million and pretax loss of $5 million excluding mark-to-market hedge losses. - Reported pretax loss of $18 million in seasonally weakest quarter. - Projects revenue and earnings growth for 2008 compared to 2007. PARSIPPANY, N.J., ... Continue reading

DE FERRAN TAKING TO THE AIR ON XM 144

DE FERRAN TAKING TO THE AIR ON XM 144

Gil de Ferran will be a guest on XM Satellite Radio's Powershift at 9:25 p.m. ET on Thursday. In anticipation of his American Le Mans Series debut next week, driver and team owner Gil de Ferran will be a guest on XM Satellite Radio's Powershift at approximately 9:25 p.m. ET on Thursday. De Ferran, one of motorsports' m ... Continue reading

Tony Stewart Racing, Kinser Continue to Seek Consistency As WoO Sprint Series Heads to Tri-City, Paducah

Tony Stewart Racing, Kinser Continue to Seek Consistency As WoO Sprint Series Heads to Tri-City, Paducah

INDIANAPOLIS (May 6, 2008) – For Kraig Kinser and the Tony Stewart Racing team, actual racing action in the Advance Auto Parts World of Outlaws (WoO) Sprint Series isn’t the only thing that has been elusive thus far this season. The No. 20 Bass Pro Shops/Chevy/Maxim team has also continued to seek consistency ... Continue reading

TOP DRIVERS SIGN UP FOR 2008 CYPRUS RALLY

TOP DRIVERS SIGN UP FOR 2008 CYPRUS RALLY

Entries close; strong line-up for major sports event. The organizers of the 2008 Cyprus Rally have confirmed a strong international field for this month's event, with competitors from across the region set to do battle on the holiday island. Round 2 of the 2008 FIA Middle East Rally Championship (MERC) calendar, the Cy ... Continue reading

Dreyer & Reinbold Racing at the 2008 Indianapolis 500 - Pre-Race

Dreyer & Reinbold Racing at the 2008 Indianapolis 500 - Pre-Race

Rice, Bell and Duno Set Sights On Racing In “The Greatest Spectacle in Racing” INDIANAPOLIS — The thrill of competing on the world’s greatest race track is never lost on an IndyCar driver or team owner. Even the most experience Indy 500 competitors get excited. For the three Dreyer & Reinbold driver ... Continue reading

On Sale Now - AMP Energy 500 Event Weekend Tickets

On Sale Now - AMP Energy 500 Event Weekend Tickets

TALLADEGA, Ala. – Tickets to the October 3-5 AMP Energy 500 event weekend are on sale now. The AMP Energy 500 event weekend features 1,000 miles of racing at NASCAR’s Most Competitive Track with the ARCA RE/MAX Series 250 on Friday, the NASCAR Craftsman Truck Series Mountain Dew 250 on Saturday and the NASCAR ... Continue reading

Forty to go: LifeLock 400 at MIS ready to make memories, history

Forty to go: LifeLock 400 at MIS ready to make memories, history

BROOKLYN, Mich. (May 5, 2008) — Just 40 days remain until the green flag drops on the LifeLock 400 NASCAR Sprint Cup race at Michigan International Speedway, kicking off the historic track’s 40th season in racing. Michigan International Speedway boasts a proud history of hosting some of America's best racing ... Continue reading

Jones, Hines and Chevy Head to Bloomington, Eldora

Jones, Hines and Chevy Head to Bloomington, Eldora

INDIANAPOLIS (May 6, 2008) – Tony Stewart Racing’s (TSR) Levi Jones and Tracy Hines will enter this weekend’s USAC National Sprint Car Series doubleheader riding the momentum of a victory and top-five finish at Brownstown (Ind.) Speedway last Saturday. The duo will head to Bloomington (Ind.) Speedway on ... Continue reading

Donny Schatz and Tony Stewart Racing Look To Build Momentum

Donny Schatz and Tony Stewart Racing Look To Build Momentum

INDIANAPOLIS (May 6, 2008) – Coming off several consecutive weekends of racing at big, half-mile dirt ovals, Donny Schatz and the Tony Stewart Racing (TSR) team return to action with a pair of single-night programs on Midwestern short tracks. Schatz and the TSR team enter the weekend on a high following their firs ... Continue reading

Wonder Auto Technology Announces Equity Incentive Plan

Wonder Auto Technology Announces Equity Incentive Plan

-- To Incentivize Key Employees to Target Annual 40% Growth For Next Three Years -- -- Option Strike Price Set at $9.00 Per Share -- JINZHOU CITY, Liaoning, China, May 6 /Xinhua-PRNewswire-FirstCall/ -- Wonder Auto Technology, Inc. ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical and su ... Continue reading

Standard Motor Products, Inc. Announces First Quarter 2008 Earnings Conference Call

Standard Motor Products, Inc. Announces First Quarter 2008 Earnings Conference Call

NEW YORK, May 6 -- Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, is scheduled to report its earnings for the three months ended March 31, 2008 on Wednesday, May 7, 2008 before the opening of the stock market. Management will hold a conference call at 11:00 AM, Eastern Tim ... Continue reading

Cooper Tire & Rubber Company Declares 145th Consecutive Quarterly Dividend

Cooper Tire & Rubber Company Declares 145th Consecutive Quarterly Dividend

FINDLAY, Ohio, May 6 -- Cooper Tire & Rubber Company today announced a quarterly dividend of 10.5 cents per share on common stock, payable June 30, 2008, to stockholders of record at the close of business June 2, 2008. This will mark the 145th consecutive quarterly dividend paid by Cooper Tire & Rubber Company. (Logo: ... Continue reading

NADA Used Car Guide Press Release: Spot Pricing and Depreciation Trends

NADA Used Car Guide Press Release: Spot Pricing and Depreciation Trends

Contact: Michelle Fortin NADA Used Car Guide 703.821.4630 mfortin@nada.org <mailto:mfortin@nada.org> NADA Used Car Guide Says Today's Market Demands Both Spot Pricing and Depreciation Trends AuctionNet® Data, NADA Guide Values Help Industry Adjust to Declining New-Vehicle Sales Market McLean, VA (May 6, 2008) - With n ... Continue reading

81 Percent of Americans Surveyed Won't Buy a Vehicle With Their Rebate Check

81 Percent of Americans Surveyed Won't Buy a Vehicle With Their Rebate Check

LeaseTrader.com Polls Thousands in an Online Survey of Car Shoppers MIAMI, May 6 -- 81 percent of all car shoppers surveyed by LeaseTrader.com said they do not plan to use their government tax rebate check towards a vehicle. Although car sales have slowed considerably in today's economy, those who participated in the L ... Continue reading

Microsoft and Hyundai-Kia Automotive Group to Develop Next Generation of In-Car Infotainment

Microsoft and Hyundai-Kia Automotive Group to Develop Next Generation of In-Car Infotainment

New partnership will globalize innovative in-car infotainment. SEOUL, South Korea, May 6 -- Today, Microsoft Corp. and Hyundai-Kia Automotive Group (HKAG) entered into a long-term agreement to co-develop the next generation of in-car infotainment systems. Bill Gates, chairman of Microsoft and Eui-Sun Chung, president o ... Continue reading

Azure Dynamics to Present at the 4th Annual Merriman Curhan Ford CleanTech Conference

Azure Dynamics to Present at the 4th Annual Merriman Curhan Ford CleanTech Conference

OAK PARK, Michigan, May 6 -- - Conference to be Held May 13, 2008, at Le Parker Meridien New York Azure Dynamics Corporation (TSX: AZD, LSE: ADC & OTCQX: AZDDF) ("Azure" or the "Company"), a leading developer of hybrid electric and electric powertrains for commercial vehicles today announced that Scott T. Harrison, Azu ... Continue reading

Bendix Name Fraudulently Connected To the Launch of Another Wave of Illegal Consumer Scams

Bendix Name Fraudulently Connected To the Launch of Another Wave of Illegal Consumer Scams

Commercial vehicle safety leader battles continued outbreaks of fraudulent activity ELYRIA, Ohio, May 6 -- Bendix Commercial Vehicle Systems LLC and Bendix Spicer Foundation Brake LLC - leaders in the development and manufacture of commercial vehicle safety technologies - are warning the public of repeated waves of con ... Continue reading

Aston Martin Selects Premier Financial Services as Exclusive Lease Company

Aston Martin Selects Premier Financial Services as Exclusive Lease Company

Strategic Alliance Provides Aston Martin Dealers a More Effective Lease Program WOODBURY, Conn., May 6 -- Premier Financial Services (PFS), the industry leader in highline, exotic and vintage auto leasing, announced today it had reached an agreement with British sports car manufacturer Aston Martin, North America to pr ... Continue reading

The Chrysler Foundation to Present $250,000 Check to the Detroit Zoological Society to Help Refurbish the Detroit Zoo's Tauber Family Railroad

The Chrysler Foundation to Present $250,000 Check to the Detroit Zoological Society to Help Refurbish the Detroit Zoo's Tauber Family Railroad

What: Event to announce The Chrysler Foundation's $250,000 check presentation to the Detroit Zoological Society to help refurbish the Detroit Zoo's Tauber Family Railroad. In recognition of the donation, the zoo will unveil the new name of the main train station as the Chrysler Main Station. Chrysler LLC has a long his ... Continue reading

The Car of the Future Today

The Car of the Future Today

Washington DC May 6, 2008; The AIADA newsletter reported that gasoline prices are soaring. Big V-8 powered muscle machines are gathering dust on dealer lots. Sales of small cars are surging. The government is ordering steep increases in new vehicle fuel economy in the cause of reducing America's reliance on foreign oil ... Continue reading

Hamann Sportivo - The lively tuning programme for the Fiat 500

Hamann Sportivo - The lively tuning programme for the Fiat 500

Normally Hamann-Motorsport is renowned as a tuning company for BMW and for refining sinfully expensive luxury cars. But sometimes the Laupheim-based technicians move off the beaten tracks and devote themselves to something completely unexpected - in this case the Fiat 500. The Hamann-technicians started with a lot of j ... Continue reading

New V8 for Vauxhall VXR8: same calories, fuller flavour

New V8 for Vauxhall VXR8: same calories, fuller flavour

Vauxhall's mighty VXR8 super-saloon gets a potent new V8 engine this summer, with even more power and improved performance. The new unit allows the VXR8 to raise the bar yet again among its rivals, optimising its sophisticated rear-wheel drive chassis still further and retaining its mantle as a driver's car like no oth ... Continue reading

D&M Holdings and Visteon 'Tune Up' the All-new 2009 Dodge Challenger

D&M Holdings and Visteon 'Tune Up' the All-new 2009 Dodge Challenger

TOKYO, May 6 -- D&M Holdings Inc. (TSE 1:6735) and Visteon Corporation announced today they have expanded their relationship to supply Boston Acoustics' branded audio systems to the 2009 Dodge Challenger. The system will include Boston Acoustics' speakers and Visteon's Digital Signal Processing (DSP) amplifier. "We are ... Continue reading

How to Get the Most Out of Every Gas Purchase

How to Get the Most Out of Every Gas Purchase

HOUSTON, May 6 -- As the cost of driving seems to rise every day, drivers are looking to get the most out of every tank. While some use alternate modes of transportation, many people need their cars on a daily basis. For those in the driver's seat, there are simple ways to increase fuel efficiency and save at the pump. ... Continue reading

Electric Vehicle Company, RTEV, To Launch

Electric Vehicle Company, RTEV, To Launch

EV Manufacturer Led by Former MindSpring Entrepreneur Poised to Capitalize on Growing Interest in Electric Vehicles ATLANTA, May 6 -- RTEV, one of the first electric vehicle (EV) companies to deliver affordable electric LSVs (Low Speed Vehicles), will celebrate its official launch at Georgia Tech on May 6, 2008. The ev ... Continue reading

Sporting appeal for Ford's new flagship Mondeo

Sporting appeal for Ford's new flagship Mondeo

The multi-award winning Ford Mondeo is set to extend its premium sporty appeal with the introduction of a new flagship - the Titanium X Sport. Visually exciting, packed with standard equipment and powered by new premium diesel or five-cylinder petrol engines, the new Titanium X Sport is the most desirable Mondeo yet. ... Continue reading

Chrysler tries fuel-price guarantee to boost sales

Chrysler tries fuel-price guarantee to boost sales

DETROIT, May 5, 2008; Kevin Krolicki writing for Reuters reported that Chrysler LLC will let U.S. consumers lock in gasoline prices for three years under a new incentive program launching at a time of sliding vehicle sales, rising oil prices and deepening consumer uncertainty. The U.S. automaker, which has seen sales d ... Continue reading

Universal Technical Institute, Inc. Announces Appointment of New Director

Universal Technical Institute, Inc. Announces Appointment of New Director

PHOENIX, May 5 -- Universal Technical Institute, Inc. , a provider of technical education training, today announced the appointment of Alan E. Cabito, to its Board of Directors. Mr. Cabito will fill the vacancy created by the resignation of Kevin P. Knight. With the addition of Mr. Cabito, the Board will have nine memb ... Continue reading

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