May 5, 2011
Hyundai Motor Company Australia (HMCA) has continued its solid start to 2011, posting a market share of 9.2%, its best monthly market share since HMCA was founded in September 2003. Hyundai ranked in third position for the month with 6,857 sales. ... Continue reading
BMW Motorrad Berlin Plant Hits 2 Millionth Motorbike Milestone - VIDEO ENHANCED
May 5, 2011
BMW Motorrad will roll out its 2 millionth motorbike from its Berlin Plant on May 6th. The company will look back at 42 years of tradition. In 1969, the entire motorbike production was shifted from Munich to Berlin and the plant has since produced 2 million motorbikes. ... Continue reading
2011 Volkswagen Routan SE Road Test Review
May 5, 2011
2011 Volkswagen Routan SE Road Test Review, Carey Russ Reviews the 2011 Volkswagen Routan SE MiniVan. ... Continue reading
The New Fuels: NCCR Welcomes Bill to End Ethanol Tax Credit and Tariff
May 4, 2011
WASHINGTON--The National Council of Chain Restaurants today welcomed the introduction of legislation that would repeal a 45 cents-per-gallon tax credit for ethanol producers and a tariff on imported ethanol. âThis tax credit and the ethanol import tariff are outdated and no longer necessary for an industry that ca ... Continue reading
May 4, 2011
No Quarters Needed: ATLANTA, May 4, 2011 -- Parkmobile USA, Inc. announced today their revolutionary new service will be implemented starting May 9th at over 30 non-gated Preferred Parking surface lots covering over 3,000 parking spaces in and around the Uptown Charlotte area. Customers will now be able to pay for park ... Continue reading
Continental Tire the Americas CEO Matthias Schoenberg Moves on to Key Global Assignment
May 4, 2011
PR Newswire FORT MILL, S.C., May 4, 2011 FORT MILL, S.C., May 4, 2011 -- Continental Tire the Americas (CTA) today announced that CEO Matthias Schoenberg has been named worldwide head of ContiTech's Fluid Technology business unit. Â After more than four years of successful leadership at CTA, Schoenberg will return to ... Continue reading
The Auto Channel Brings You the Sales Report: Tesla Motors Reports First Quarter 2011 Results
May 4, 2011
PALO ALTO, Calif.--Tesla Motors, Inc. today announced its preliminary unaudited financial results for the quarter ended March 31, 2011. Revenues for the first quarter of 2011 were $49.0 million, a 35% increase from the $36.3 million reported in the prior quarter. Gross margin improved to 37%, up from 31% for the prior ... Continue reading
May 4, 2011
IRVINE, Calif.--May is Motorcycle Safety Awareness Month and the Motorcycle Safety Foundation is again calling on all motorists to improve their driving, improve their riding, make better decisions and increase safety for everyone on the road. The national organization dedicated to motorcyclist safety is leading a numb ... Continue reading
More than 10,000 Attendees "Charged Forward Together" at SAE 2011 International World Congress
May 4, 2011
WARRENDALE, Pa., May 4, 2011 --The theme to the SAE 2011 World Congress was "Charging Forward Together." Attendees to the three-day conference in Detroit "Charged Forward Together" in more ways than one. They connected with: Electric and hybrid vehicles at the popular Ride-n-Drive; Leaders in the automotive industry; I ... Continue reading
Dana Launches New SVL Aftermarket Drivetrain Product Line
May 4, 2011
MAUMEE, Ohio, May 4, 2011 -- Dana Holding Corporation announced today the launch of a new line of SVLâ⢠drivetrain components for the automotive, commercial-vehicle, and off-highway aftermarkets. ( ) Designed specifically for older (post-warranty) vehicles, SVL products offer quality replacement parts for v ... Continue reading
The Latest Roundup of News from Ford - May 4, 2011
May 4, 2011
DEARBORN, Mich., May 4, 2011 -- Ford EcoBoost engines add power, efficiency while upping sales to new buyers Ford EcoBoostâ⢠engine technology is attracting new customers to the Ford showroom. The Taurus SHO, often cross-shopped against BMW and Acura RL models, and the distinctively designed Flex with EcoBo ... Continue reading
Standard Motor Products, Inc. Announces First Quarter 2011 Results and a Quarterly Dividend
May 4, 2011
NEW YORK, May 4, 2011 NEW YORK, May 4, 2011 -- Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, reported today its consolidated financial results for the three months ending March 31, 2011. Consolidated net sales for the first quarter of 2011 were $220.2 million, compared to ... Continue reading
GM Financial Reports March Quarter Operating Results
May 4, 2011
FORT WORTH, Texas--GENERAL MOTORS FINANCIAL COMPANY, INC. (ââ¬ÅGM Financialââ¬??? or the ââ¬ÅCompanyââ& #130;¬???), announced net income of $77 million for the quarter ended March 31, 2011. Loan originations were $1.1 billion for the quarter ended March 31, 2011, compared to $935 million ... Continue reading
Know What You Are Buying: InspectMyRide Partners with eBay Motors
May 4, 2011
InspectMyRide® Partners with eBay Motors® New Vehicle Inspection Service Provides Online Consumers Peace of Mind Alpharetta, Ga. â InspectMyRide LLC has become the exclusive vehicle inspection vendor for eBay Motors, a relationship that will greatly enhance both companiesâ reach in the online vehicle market ... Continue reading
May 4, 2011
BOWLING GREEN, Ky., May 4, 2011 BOWLING GREEN, Ky., May 4, 2011 -- General Motors said Wednesday it will invest $131 million in the Bowling Green Assembly plant to support production of the next generation Chevrolet Corvette, adding about 250 jobs. "This is a significant day for anyone who believes that America should ... Continue reading
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