Sonic Automotive Second Quarter 2011 Earnings of $0.37 with Double Digit Revenue Growth
Jul 26, 2011
Sonic Automotive, Inc. , one of the nation's largest automotive retailers, today reported that 2011 second quarter earnings from continuing operations were $0.37 per diluted share compared to $0.18 per diluted share in the prior year quarter. The prior year period included pretax charges of $7.3 million, or $0.06 per d ... Continue reading
New Battery Technology Center and Test Facility for Johnson Controls
Jul 26, 2011
Johnson Controls, Inc., today opened its newly renovated, state-of-the-art Battery Technology Center and Battery Test Facility at its Power Solutions headquarters in Glendale, Wis. The facility is the largest energy storage technical center in North America. "Our Battery Technology Center and Battery Test Facility will ... Continue reading
Ford Credit Earns $383 Million in the Second Quarter of 2011
Jul 26, 2011
Ford Motor Credit Company reported net income of $383 million in the second quarter of 2011, a decrease of $173 million from a year earlier. ... Continue reading
Dominion Virginia Power Charging Ahead Electric Vehicle Recharging Pilot
Jul 26, 2011
Dominion Virginia Power, a subsidiary of Dominion , is moving forward with an electric vehicle recharging pilot program following the approval of the Virginia State Corporation Commission. The pilot is designed to test whether electric vehicle owners will choose to recharge their vehicles during off-peak hours -- typic ... Continue reading
Facebook Becomes a Car Showroom with Liquidus
Jul 26, 2011
Multimedia and video marketing technology pioneer Liquidus today announced the launch of its new Socialink Facebook application that enables car dealers to deliver engaging, customized video of every vehicle in inventory to a massive audience of potential buyers over Facebook. ... Continue reading
2011 Mini Cooper S Countryman ALL4 Crossover Review
Jul 26, 2011
THE AUTO PAGE By John Heilig Model: 2011 MINI Cooper S Countryman ALL4 Engine: 1.6-liter DOHC turbocharged I4 Horsepower/Torque: 181 hp / 192 lb.-ft. Transmission: 6-speed Getrag manual Wheelbase: 102.2 in. Length x Width x Height: 161.8 x 70.4 x 61.5 in. Tires: P225/45R18 Cargo: 12.2/41.3 cu. ft. ... Continue reading
2012 Nissan Leaf EV Gets Five-Star NHTSA Crash Rating - VIDEO ENHANCED
Jul 26, 2011
Washington DC July 25, 20911; Nissan Motor Co.'s electric Leaf won a five-star overall rating from government safety regulators Monday. The Detroit News reports that the Leaf won the rating from the National Highway Traffic Safety Administration's New Car Assessment Program. The vehicle got four stars for frontal crash ... Continue reading
Jul 26, 2011
TRW Automotive Holdings Corp. today announced plans to highlight its commitment to 'the safety everyone deserves' at this year's Internationale Automobil-Ausstellung (IAA), International Motorshow, in Frankfurt, Germany, from 13-- 25 September. The Company will demonstrate how it is developing advanced safety technolog ... Continue reading
250% Growth in Repossessed Vehicle Sales Since January 2011
Jul 26, 2011
OPENLANE, Inc., a leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles, experienced a 250 percent growth in repossessed vehicle sales and a 75 percent sell-through rate in its recovery remarketing program since January 2011. ... Continue reading
Jul 26, 2011
Research and Markets (has announced the addition of the "Global Compressed Natural Gas (CNG) Vehicle Market 2010-2014" report to their offering. Global Compressed Natural Gas (CNG) Vehicle Market 2010-2014 Tax Incentives Encouraging Use of Compressed Natural Gas Vehicles Technavio's report, which examines the APAC, Ame ... Continue reading
Same-Sex Partners in Illinois Get Savings on Car Insurance From Esurance
Jul 26, 2011
Esurance, the direct-to-consumer personal car insurance company, today announced that it is offering new car insurance savings to same-sex partners in Illinois. The state of Illinois' Religious Freedom Protection and Civil Union Act went into effect on June 1, 2011, allowing same-sex couples to enter into civil unions ... Continue reading
Vehicular Communications Could Make Driving Much, Much Safer
Jul 26, 2011
VC Technology Could Reduce Worldwide Road Crash Deaths; Save Billions in Costs by Giving Drivers "Eyes Behind Their Head" Navigation Capability Saving lives by reducing vehicle accidents and millions of resulting annual deaths is a compelling reason for the world to care about Vehicular Communications (VC) technology t ... Continue reading
Lots of Bottoms Will Be Comfortable in the 2013 Chevy Malibu
Jul 26, 2011
Chevrolet Malibu seat performance engineers Daniel Cohen and Cheryl Hajciar know more about keeping hindquarters happy than a good masseuse. Cohen and Hajciar are tasked with ensuring that customers of all shapes and sizes get maximum comfort when sitting in the all-new 2013 Chevrolet Malibu. ... Continue reading
Chrysler Says It Fully Repaid Government Loans Six Years Ahead of Schedule
Jul 26, 2011
Net Revenues in Q2 2011 were $13.7 billion, up 30 percent from $10.5 billion in Q2 2010 Net Loss reported for Q2 2011 totaled $370 million compared to a Net Loss of $172 million in Q2 2010; excluding a non-recurring $551 million charge on the extinguishment of debt, Adjusted Net Income(a) in Q2 2011 totaled $181 millio ... Continue reading
Jul 25, 2011
Honda Motor Co. won five categories in the 2011 Lowest True Cost to OwnAwards, given by Edmunds.com, the premier online resource for automotive information. The awards name the 2011 model year cars and trucks in 23 categories that offer the lowest True Cost to Own which is the projected ownership cost over a five-year ... Continue reading
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