Rental Car CEO says Chrysler Cuts Blow for Sector
Feb 16, 2007
NAPLES, Fla., Feb 15, 2007; Reuters reported that planned fleet sale cuts by DaimlerChrysler's Chrysler unit will make finding vehicles harder for the rental car market, the No. 1 U.S. rental agency's top executive said on Thursday. "This is one more step toward more difficulty in sourcing vehicles," Enterprise Rent-A- ... Continue reading
Feb 16, 2007
-- SRT and Richard Petty Driving Experience partner to deliver professional driving instruction for automotive enthusiasts -- More than 60 SRT track events planned this year DAYTONA BEACH, Fla., Feb. 15 -- Chrysler Group announced here today that it is partnering with the esteemed Richard Petty Driving Experience (RPDE ... Continue reading
Feb 16, 2007
WHO & WHAT -- Members of the media are personally invited to experience first-hand the all-new 2007 Toyota Tundra during a ride-and-drive event held in conjunction with Nashville's Bass Pro Shops' 2007 Spring Fishing Classic. Featuring the full line-up of the 2007 Toyota Tundra full-size pickups, the ride-and-drive eve ... Continue reading
Feb 16, 2007
IRVINE, Calif., Feb. 15 -- Mazda North American Operations (MNAO) today announced the promotion of Jeremy Barnes to Director, Product and Corporate Communications. In his new role, Barnes will continue to oversee product communications as before, but now has added responsibility for corporate communications, including ... Continue reading
Kia cee'd Sporty Wagon model range set for Geneva debut
Feb 15, 2007
NEWS FOR IMMEDIATE RELEASE CONTACT: Michael Choo (mjc@kia.co.kr <mailto:cdore@kia.co.kr> ), International Communications Manager, Kia Motors Corporation, Tel: +82-2-3464-5663 Kia cee'd Sporty Wagon model range set for Geneva debut - Unique tailgate design offers excellent load area access (SEOUL) February 15, 2007 -- T ... Continue reading
Feb 15, 2007
STOCKHOLM, Sweden--SAAB (STO:SAABB): - Sales amounted to SEK 21,063 m. (19,314) - Net income for the year was SEK 1,347 m. (1,199) - Earnings per share amounted to SEK 11.91 (10.89) - The proposed dividend per share is SEK 4.25 (4.00) - Order bookings amounted to SEK 27,575 m. (17,512) and the order backlog totaled SEK ... Continue reading
The ACEA Agreement - What Will its Strategic Impact on European Vehicle Manufacturers be?
Feb 15, 2007
Frost & Sullivan to Host Quarterly Analyst Briefing on ACEA Agreement on Thursday 22 February 2007 LONDON, February 15 -- Frost & Sullivan will host a conference call on Thursday 22 February at 15.00 GMT to provide industry participants with an overview of the recently published study entitled "A Strategic Assessment o ... Continue reading
International Brand Auto Dealers Optimistic About 2007
Feb 15, 2007
Washington DC February 15, 2007; The AIADA newsletter reported that a recent survey by Automotive News states International dealers are confident about their future with two-thirds of dealers who sell Toyota and Nissan brands anticipating higher net profits this year than in 2006. The unscientific poll showed differenc ... Continue reading
ZAP to Pay 10 Percent Stock Dividend to Shareholders of Record as of February 15
Feb 15, 2007
SANTA ROSA, Calif.--Advanced transportation pioneer ZAP (OTC Bulletin Board:ZAAP) today announced that shareholders of record as of February 15, 2007, tomorrow, will receive a 10 percent stock dividend, according to ZAP CEO Steve Schneider. "We are grateful for the support of our shareholders over the past 12 years and ... Continue reading
Harley-Davidson, Inc. Declares Dividend
Feb 15, 2007
MILWAUKEE, Feb. 14 -- Harley-Davidson, Inc. announced today that its Board of Directors approved a cash dividend of $0.21 per share for the first quarter of 2007. The dividend is payable March 20, 2007 to the holders of record of the Company's common stock on March 5, 2007. Harley-Davidson, Inc. is the parent company f ... Continue reading
Feb 15, 2007
FORD RACING NOTES AND QUOTES Orbitz 300 Advance (Busch), Page 1 February 14, 2007 Daytona International Speedway Jon Wood, driver of the No. 47 Ford Fusion, posted the fastest time in today's Busch Series practice session with a time of 48.046 seconds (187.320 mph). Wood spoke about his fast lap and how it will transla ... Continue reading
Feb 15, 2007
AUBURN HILLS, Michigan, February 14 -- - Financial Impact - Return to profitability by 2008 - Employee Impact - 13,000 employee reduction; Newark Assembly Plant to be idled, shifts eliminated and total capacity reduced by 400,000 units - Redesigned business model for long-term competitiveness, including greater emphasi ... Continue reading
Dr. Z shifts quickly into reverse on Chrysler
Feb 14, 2007
DETROIT, Feb 14, 2007; Poornima Gupta writing for Reuters reported that DaimlerChrysler Chief Executive Dieter Zetsche was all over American television last summer promoting the strength of German engineering in Chrysler vehicles in a high-profile advertising campaign. Six months later, Dr. Z., as he became known, was ... Continue reading
Feb 14, 2007
Troubled unit of DaimlerChrysler expects to cut 11,000 factory workers, 2,000 salaried jobs and close one assembly line after losses soar. NEW YORK (CNNMoney.com) -- Chrysler Group, whose year-long slump has dragged it down to fourth place among U.S. automakers, announced plans Wednesday to cut 13,000 jobs through 2009 ... Continue reading
Foreign Carmakers Given Greenest Ratings
Feb 14, 2007
Washington DC February 14, 2007; The AIADA newsletter reported that an annual online rating of environmentally friendly vehicles has four new models on its list of the dozen "greenest" vehicles for 2007. The Detroit News reports that a large number of vehicles were near misses on the list in the Green Book, an environm ... Continue reading
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