Tuesday, May 9, 2006

LoJack-Equipped Stolen Vehicle Leads Police to Bust Million Dollar Theft Ring Throughout Western Illinois and Greater Chicago Area

Multi-Agency Law Enforcement Theft Task Force Cracked Extensive, Highly Organized Network of Car Thieves; Recovered Vehicles, Tools, Drugs, Guns; Arrested Eight WESTWOOD, Mass., May 9 -- LoJack Corporation , the leading provider of tracking and recovery systems for stolen mobile assets, today announced that a Corvette ... Continue reading

Volkswagen Reports April Sales; New Models Comprise More Than Half of Sales

AUBURN HILLS, Mich.--May 9, 2006--Volkswagen of America, Inc. today reported April sales of 20,528, an 11.2 percent increase over prior year sales. The Jetta continues to be the volume car for Volkswagen, selling 9,929 units, up 32.4 percent as compared to last year's sales of 7,498. With an increase of 52.9 percent, t ... Continue reading

General Motors Europe And Renault Pursue Cooperation On LCVs

<p>PARIS - May 9, 2006: The cooperation between General Motors Europe (GME) and Renault is taking a further step forward with the release of new van versions for the two brands: </p> <p> - Compact vans for the Opel / Vauxhall (GM) and Renault brands under the model names Vivaro and Trafic respectively. </p> <p> - Large ... Continue reading

Toyota Motor North America Names New Leadership Team

Appointing Yuki Funo Chairman and CEO, And Jim Press President 05/08/2006 New York Toyota Names Special Task Force Headed by Former U.S. Secretary of Labor Alexis Herman to Review Its Policies and Practices Against Harassment and Discrimination Toyota Motor North America, Inc. (TMA), the North American subsidiary of To ... Continue reading

Consumer Reports Finds Domestic-Car Buyers Still Prefer “Cash On The Hood”

Recent attempts to reduce incentives may not be resonating with consumers YONKERS, NY ­ Despite a major attempt to break free of costly iincentives, domestic automakers are finding new-car buyers are still hooked on getting cash back, a new analysis by Consumer Reports’ Auto Price Service has determin ... Continue reading

Quantum Awarded Contract to Deliver Hydrogen Hybrid Vehicles to Norway

IRVINE, Calif., May 9 -- Quantum Fuel Systems Technologies Worldwide, Inc., today announced that it received a purchase order for 15 hydrogen-fueled Toyota Prius hybrid vehicles from Miljobil Grenland AS, a participant and vehicle provider to the Norwegian Hydrogen Highway (HyNor). These hydrogen hybrid vehicles will b ... Continue reading

Walter P. Chrysler Museum to Sponsor Pre-Ypsilanti Orphan Car Show Excursion

YPSILANTI, Mich., May 9 -- Revel in summer's splendor with the Pre-Ypsilanti Orphan Car Show Excursion, 8:30 a.m. - 8 p.m. Saturday, June 3, sponsored by the Walter P. Chrysler Museum. The morning into evening event features a scenic four-stop daytime tour followed by a nighttime reception. The excursion is open to aut ... Continue reading

Volkswagen's Fuel-Efficient TDI Diesels Provide Some Relief From Summer's Escalating Fuel Prices

EPA, Department of Energy recognize New Beetle, Golf and Jetta as fuel economy leader AUBURN HILLS, MI – May 9, 2006: Travel season is quickly approaching – a time when millions of people will take to their cars for the annual family vacation and trips to the beach. This summer, however, recent spikes in fuel ... Continue reading

For Car Thieves, the West is Best

Nationally, Auto Theft on Pace for Second Straight Year of Declines DES PLAINES, Ill., May 9 -- The National Insurance Crime Bureau (NICB) reported today that for calendar year 2005, the West, and particularly California, is indeed heaven for the nation's auto thieves. All of the nation's top ten areas with the highest ... Continue reading

GM Finalizes First-Quarter Financial Results - Profitable!

GM Finalizes First-Quarter Financial Results Q1 Reported Net Income Revised to $445 million, or $0.78 Per Share GM North America Adjusted Loss Reduced to $462 Million Health-Care Settlement Costs to Be Recognized Over 7 Years DETROIT – General Motors Corp. today announced that it had finalized its first-quarter 20 ... Continue reading

E85 Hybrids May Be Next Step in Fuel Efficiency

Washington DC May 8, 2006; The AIADA newsletter reported that according to a report in BusinessWeek Online, it will take a drop in price for hybrids to take on a major role in the market. Chris Ellis of hybridcars.com writes, "For hybrids to take a major slice of the mass market, it will require the 'hybrid price premi ... Continue reading

Exports From Japan Automakers Up 29 Percent

Washington DC May 8, 2006; The AIADA newsletter reported that exports from Japan to the U.S. were up 29 percent in the first quarter of 2006. Shipments to the U.S. accounted for 36.1 percent of all exports in the quarter, up from 32.7 percent a year earlier, reports Automotive News. Most of the major Japanese automaker ... Continue reading

Ad Campaign To Spotlight Industry's Commitment to Alternative Fuels

Washington DC May 8, 2006; The AIADA newsletter repoorted that the Alliance of Automotive Manufacturers is kicking off a multi-million dollar ad campaign today which will spotlight the industry's commitment to alternative fuels. The campaign hopes to recast the industry's image amid attacks from environmentalists and s ... Continue reading

Using the recommended fuel and motor oil can preserve your car's engine and improve fuel economy

. With gas prices at a premium, it’s important to pay attention to what you put in your tank. You would think with gasoline prices hovering around $3 a gallon, drivers would be looking for less expensive alternatives. But many of those who could – don't. Premium fuel continues to make up 15 to 20 percent of s ... Continue reading

Enova Systems Announces Results for the First Quarter 2006

TORRANCE, Calif.--May 9, 2006--Enova Systems, Inc. (OTCBB:ENOV) (AIM:ENV) (AIM:ENVS) today announced its results for the first quarter ended March 31, 2006. HIGHLIGHTS FINANCIAL SUMMARY TABLE (US Dollars, in thousands, except per share data) For the quarter ended March 31, 2006 2005 ---------- ---------- Revenue 309 69 ... Continue reading

Volvo: Renault Trucks Launches New Versions of Renault Midlum and Renault Premium D

STOCKHOLM, Sweden--May 9, 2006--AB Volvo's subsidiary Renault Trucks has launched new versions of the Renault Midlum and Renault Premium Distribution targeted for distribution applications. Among other features, the new vehicles are equipped with a totally new cab, new chassis and new driveline. The new generation of t ... Continue reading

Pontiac Solstice Finishes Third in SCCA National Road Racing Debut

WARREN , Mich. , May 8, 2006 – Pontiac Solstice made a podium debut this past weekend in its first ever Sports Car Club of America (SCCA) race, finishing third in the Showroom Stock B (SSB) class during the New England Region May National at New Hampshire International Speedway on May 6. Newly classed by SCCA in S ... Continue reading

Toyota Motor Sales USA Announces Organizational Changes

TORRANCE, Calif., May 8 -- Toyota Motor Sales USA, (TMS) Inc. today announced the following organizational changes. Jim Lentz, formerly TMS group vice president and general manager of its Toyota Division is nominated to the position of executive vice president of TMS, pending approval at the June 23 annual shareholders ... Continue reading