Ford Engineers Pit Shopping Carts, Water Cannons and Metal Whips Against New Safety Technologies
May 12, 2009
- Ford is using new types of testing as it leads the industry in introducing advanced safety technologies for mainstream vehicles - Ford engineers test the predictive, pressure-sensing air bag technology featured on vehicles such as the new 2010 Taurus against shopping carts, bicycle wheels and metallic whips - Ford ho ... Continue reading
Congress Set to Needlessly Destroy Millions of Potential Replacement Car Parts
May 12, 2009
FAIRFAX, Va., May 12 -- Over the past week, environmentalists have been strongly expressing their disappointment regarding the "Cash for Clunkers" compromise legislation announced by Democrat lawmakers and President Barack Obama. In prominent media outlets such as the NewYorkTimes.com, they warn that the $4 billion tax ... Continue reading
NHTSA Weekly Recalls - May 11, 2009
May 11, 2009
25 Years of BMW Mobile Service: Committed to Sheer Driving Pleasure.
May 11, 2009
Concept unique the world over ensures highly qualified assistance round the clock in the event of a breakdown. Innovative services from BMW ConnectedDrive for even more efficient and faster trouble-shooting. ... Continue reading
Trainees Get Their Car of the Year!
May 11, 2009
Trainee vehicle mechanics in Bedfordshire have been given the chance to hone their engineering skills on the 2009 Car of the Year thanks to Vauxhall. ... Continue reading
US Senator Annoyed by Spam Call About Car Warranty Policies
May 11, 2009
car warranty calls, which come even if a person has signed up for the national Do Not Call registry. U.S. Sen. Charles Schumer wants a federal investigation into what he calls "robo-dialer harassment." "Not only are these calls a nuisance, but they tie up land lines and can eat up a user's cell phone minutes, possibly ... Continue reading
May 9, 2009
Congress Seeking to Destroy Millions of Replacement Car Parts While Questions Abound on New Parts Supply Chain Viability FAIRFAX, Va., May 9 -- All across the world, governments are implementing early vehicle retirement programs that are intended to help struggling automakers. This year already, two accelerated vehicle ... Continue reading
Sonic Automotive, Inc. Reports Solid First Quarter Earnings
May 8, 2009
Sets New Car Market Share Records, Raises its Annualized Cost Reduction Target to $135 Million CHARLOTTE, N.C., May 8 -- Sonic Automotive, Inc. , the nation's third-largest automotive retailer, today reported that 2009 first quarter earnings from continuing operations were $5.4 million, or $0.13 per diluted share, befo ... Continue reading
Harbin Electric Announces First Quarter 2009 Results
May 8, 2009
HARBIN, China, May 8 /PRNewswire-Asia-FirstCall/ -- Harbin Electric, Inc. (or the "Company", Nasdaq: HRBN), a leading Chinese developer and manufacturer of a wide array of electric motors, today announced its financial results for the first quarter of 2009. Financial Summary: First Quarter 2009 versus First Quarter 200 ... Continue reading
California Leads Nation in Poor Roads; Average Cost to Motorists is $590 a Year
May 8, 2009
WASHINGTON--Californiaâs major urban roadways are the roughest in the nation, costing the average state driver at least $590 annually in extra vehicle operating costs. According to a report released today by TRIP and the American Association of State Highway Transportation Officials (AASHTO), 35 percent of major u ... Continue reading
Dana Holding Corporation Reports First-Quarter 2009 Results, Announces Debt Repurchase Program
May 7, 2009
- Market weakness drives 47-percent sales decline compared to first quarter of 2008 - Operations aggressively right-sizing to new production levels - 2009 plan on track despite weak global markets TOLEDO, Ohio, May 7 -- Dana Holding Corporation today announced its first-quarter 2009 results. (Logo: http://www.newscom.c ... Continue reading
Accuride Corporation Reports First Quarter Results for 2009
May 7, 2009
EVANSVILLE, Ind.--Accuride Corporation (OTCBB: AURD), a leading manufacturer and supplier of commercial vehicle components, today announced its financial results for the first quarter ended March 31, 2009. The Company reported results of $143.6 million in net sales for the first quarter of 2009, compared to $238.2 mill ... Continue reading
Goodyear Announces Pricing of $1 Billion of Senior Notes
May 6, 2009
AKRON, Ohio, May 6 -- The Goodyear Tire & Rubber Company today announced that it has priced its offering of $1 billion aggregate principal amount of 7-year senior notes. The notes will be senior unsecured obligations of the company. They will be sold at 95.846% of the principal amount and will bear interest at a rate o ... Continue reading
TRW Reports First Quarter 2009 Financial Results
May 6, 2009
LIVONIA, Mich., May 6 -- TRW Automotive Holdings Corp. , the global leader in active and passive safety systems, today reported first-quarter 2009 financial results, which reflect the unprecedented decline in global vehicle production during the quarter. The Company reported sales of $2.4 billion, a decrease of 42.3 pe ... Continue reading
Cooper Tire & Rubber Company Reports First Quarter 2009 Results
May 6, 2009
FINDLAY, Ohio, May 6 -- Cooper Tire & Rubber Company today reported a net loss of $21 million, or 36 cents per share, for the quarter ended March 31, 2009. Net sales for the period were $571 million, down $108 million from the prior year same quarter. The decreased revenues were driven by volume declines offset by impr ... Continue reading
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