Apr 30, 2008

John Picard to receive keys to BMW Hydrogen 7 luxury sedan


Woodcliff, NJ - Sustainability Expert, Builder and Entrepreneur John Picard was handed the keys to one-of-25 BMW Hydrogen 7s on the U.S. roads as BMW today announced that he is the latest person to evaluate the technology of the world's first hydrogen-powered luxury sedan. The BMW Hydrogen 7 melds the polished luxury of BMW's largest sedan with the virtually emission-free power of a hydrogen combustion engine.

The BMW Pioneer Program gives industry leaders and prominent figures in entertainment, politics and business a BMW Hydrogen 7 for their daily use as proof that hydrogen powered vehicles could someday be viable for everyday driving. Picard joins Will Ferrell, Jay Leno, Ed Norton, Cameron Diaz, and Jason Bateman, among others, who have opted for a BMW Hydrogen 7 as their energy-efficient ride of choice.

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BMW at Concorso d'Eleganza Villa d'Este 2008


This year the BMW Group Design team took up the time-honoured tradition of designing cars exclusively for the Concorso d'Eleganza and unveiled its BMW M1 Homage. This design study, inspired by the BMW M1 and BMW Turbo, embraces tradition and modernism to give an insight into BMW's own vision of a historically inspired automotive future.

Voted "Best of Show" by the Jury to take the Trofeo BMW Group was the Ferrari 166 MM Berlinetta Touring from the year 1949. Count Giannino Marzotto had acquired the Ferrari 166 MM from Enzo Ferrari, which was then given an aerodynamic coupé body by Touring based on their trademark superleggera, or lightweight, construction method. This model was exhibited at the 1950 Geneva Motor Show.

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Skoda Auto marks anniversary of car manufacturer's existence


Laurin&Klement issued its very first Annual Report on 30 April, 1908, on the occasion of the first General Meeting. The Annual Report issued this year, i.e., the one for 2007, is thus marking an important anniversary of the existence of the Czech Republic's largest car manufacturer.

Issuing the Annual Report in 1908 was an obligation of the then automobile & motorcycle manufacturer arising from Laurin&Klement's transformation to a joint stock company in 1907. The Report contains key financial information, including a pre-tax profit of 220,887.07 crowns.

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Chrysler statement regarding tentative deal between Ford Canada & CAW


Auburn Hills, Mich. - Chrysler LLC just learned today of the Canadian Auto Workers Union's (CAW) plans to announce a tentative agreement with Ford Canada. As a result, the Company will review the terms of the agreement, in order to gain a better understanding of the economics put forth in the Master Economics Offer.

Chrysler views the bargaining process with the CAW to be confidential in nature, between the Company and the Union, therefore it refrains from discussing or negotiating details in the media.

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Bentley Motors net revenue down by 4.4% in Q1


Crewe: Bentley Motors has announced its financial results for the first quarter, ending 31 March 2008, reporting consistent profitability despite a slight decrease in sales. Bentley net revenue decreased by €15m or 4.4% to €338mn compared to the first quarter of 2007, primarily due to exchange rate effects. However, operating profit increased by €1m to €39m compared to the same period in 2007.

Global sales declined by 17.8% in the first quarter of 2008, reaching 2,292 units. This was almost entirely attributable to calendarisation, with the first quarter of 2007 having seen the very successful launch of the Continental GTC which, like most new model introductions, attracted considerable initial sales before settling down to a more consistent sales pace throughout the year. Taking out this seasonal adjustment, the sales pace in 2008 is broadly consistent with 2007.

North American sales were down around 22%, in particular on the west coast and in southern regions, which have been affected by the credit crisis and declining property markets. However, strong growth in emerging markets such as China, up 133.3%, and the Middle East, up 10.4%, is having a compensatory effect.

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All-new 2009 G8 arrives in Pontiac dealerships of Canada


Oshawa, Ontario - A rear-wheel-drive Pontiac performance sedan will once again be seen on the streets of Canada. The all-new 2009 G8 arrives in Pontiac dealerships in June. The V-6-equipped G8 performance sedan has a starting MSRP of $31,995 and the V-8-powered G8 GT model starts at $36,995.

"Delivering driving character and performance typical of more expensive cars, the new Pontiac G8 will definitely punch above its weight," said Marc Comeau, vice president of sales, service and marketing for GM of Canada. "With its bold styling, dynamic design and sport-biased set-up, the G8 will be sure to put a smile on the face of driving enthusiasts."

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Lithia Motors announces first quarter 2008 sales


MEDFORD, Ore. - Lithia Motors, Inc today announced that, excluding a one-time after-tax expense of $1.3 million (or seven cents per share) related to the recently completed investigation, losses from continuing operations were three cents per share. The company's guidance for the quarter was for a loss of five to ten cents per share.

First quarter 2008 sales were $699.3 million, a 9.7% decrease from $774.5 million in the same period last year. First quarter 2008 loss from continuing operations was $1.9 million. This compared to earnings of $7.2 million in the first quarter of 2007, which included extremely strong sales in March.

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Ford Focus - As one of ‘Top Ten Coolest New Cars Under $18,000’


Dearborn, Mich. - Editors of Kelley Blue Book’s kbb.com today named the 2008 Ford Focus one of the “Top Ten Coolest New Cars Under $18,000.” It is the fourth consecutive year that a Ford has been recognized with the honor and the fourth year that the Focus has made the list.

“There is a combination of things that make the new Ford Focus sedan and coupe cool,” said Jack R. Nerad, executive editorial director and executive market analyst for Kelley Blue Book’s kbb.com. “The styling is cool. Focus is a good-looking car. The handling is cool. It handles more like a European car than many small cars we see here in the U.S. And, of course, we think the Ford SYNC technology is very cool.”

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Apr 29, 2008

Teacher of the year begins journey in BMW Z4 Roadster


Spartanburg, SC - Jenna Hallman, who has been named the 2008-09 South Carolina Teacher of the Year, will begin her journey in a Montego Blue BMW Z4 Roadster during her yearlong tenure to represent the state’s 50,000 teachers and promote quality education across South Carolina.

Hallman is a science teacher at Calhoun Academy for the Arts in Anderson School District 5. In addition to use of the Z4, her journey also includes a residency at the Center for Educator Recruitment, Retention and Advancement (CERRA), full membership to Leadership South Carolina and an award of $25,000 cash from the state Department of Education.

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Bentley Motors wins special ‘Spirit of Greenpower’ award


Crewe - A Bentley Motors apprentice team has won a special “Spirit of Greenpower” award for its performance in the Greenpower Corporate Challenge which took place at Goodwood race circuit yesterday.

The Bentley apprentice team designed, engineered and built the electric powered car which they entered into the Greenpower Challenge as well as a season of “F24+” racing. The Bentley Greenpower car is called Continental DC (Direct Current) and runs off a 24-volt motor supplied by two 12-volt batteries. Designed for lightness and maximum power efficiency the one-seater Continental DC has a carbon fibre chassis and low resistance tyres.

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John Picard to receive keys to BMW Hydrogen 7 luxury sedan


Woodcliff, NJ - Sustainability Expert, Builder and Entrepreneur John Picard was handed the keys to one-of-25 BMW Hydrogen 7s on the U.S. roads as BMW today announced that he is the latest person to evaluate the technology of the world's first hydrogen-powered luxury sedan. The BMW Hydrogen 7 melds the polished luxury of BMW's largest sedan with the virtually emission-free power of a hydrogen combustion engine.

The BMW Pioneer Program gives industry leaders and prominent figures in entertainment, politics and business a BMW Hydrogen 7 for their daily use as proof that hydrogen powered vehicles could someday be viable for everyday driving. Picard joins Will Ferrell, Jay Leno, Ed Norton, Cameron Diaz, and Jason Bateman, among others, who have opted for a BMW Hydrogen 7 as their energy-efficient ride of choice.

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BMW at Concorso d'Eleganza Villa d'Este 2008


This year the BMW Group Design team took up the time-honoured tradition of designing cars exclusively for the Concorso d'Eleganza and unveiled its BMW M1 Homage. This design study, inspired by the BMW M1 and BMW Turbo, embraces tradition and modernism to give an insight into BMW's own vision of a historically inspired automotive future.

Voted "Best of Show" by the Jury to take the Trofeo BMW Group was the Ferrari 166 MM Berlinetta Touring from the year 1949. Count Giannino Marzotto had acquired the Ferrari 166 MM from Enzo Ferrari, which was then given an aerodynamic coupé body by Touring based on their trademark superleggera, or lightweight, construction method. This model was exhibited at the 1950 Geneva Motor Show.

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GM recognizes Compuware as 2007 Supplier of the Year


DETROIT - Compuware Corporation today announced that they have received the General Motors 2007 Supplier of the Year award for its significant contributions to GM's global product and performance achievements. The 16th annual award—themed "Best of the Best--was given during ceremonies, April 26 at the Sawgrass Marriott Hotel in Jackson, Florida.

"GM is proud to honor Compuware as a GM Supplier of the Year winner," said Bo Andersson, GM group vice president, Global Purchasing and Supply Chain. "This award is our way of telling the winners that we appreciate all of their efforts in working together with GM to manufacture world-class vehicles."

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Apr 28, 2008

Agent Provocateur designs new Life Ball MINI


Salzburg - In 2008, MINI will once again be supporting the Life Ball - for the eighth time in a row. This, the largest AIDS charity event in Europe, is the ideal platform for MINI to underline its socio-political commitment.

"Landing on planet Life Ball" - on the evening of 17 May 2008, Life Ball will be inviting guests on a trip through time in which the barriers that separate us will be dissolved, bridges built to supposedly alien cultural universes which actually exist next to each other and the infinite opportunities of social coexistence energetically highlighted. In line with these concepts, the Agent Provocateur lingerie label will be designing the Life Ball MINI 2008. The new MINI Cooper Clubman has been selected as the basis for this exclusive, unique design.

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Fully integrated standard navigation system for 2009 Suzuki SX4


BREA, Calif. - Establishing an auto industry first, and packing even more appeal into its bold and stylish sport compact, American Suzuki Motor Corp. today announced the addition of a fully integrated standard navigation system to the 2009 Suzuki SX4. The company's offering marks the first time a new vehicle under $16,000 will include navigation as a standard feature. The innovative navigation system will be included as standard equipment on both the four-door SX4 Sport and front-wheel-drive version of the five-door SX4 Crossover, propelling the 2009 SX4 to the front of the compact segment as the personal technology leader.

The Suzuki SX4's integrated navigation system is the result of a partnership with Garmin and is available with a variety of advanced Microsoft Network-enabled features, including real-time traffic, weather forecasts, local event listings and a gas station finder capable of locating the lowest priced fuel in town. To further customize the system to reflect its "Way of Life" brand attitude, Suzuki will add a number of lifestyle-oriented, Suzuki-recommended destinations and landmarks to the system. The locations include hip music venues, popular surf spots, interesting road trip attractions and other activity-focused destinations that will be clearly identified with a Suzuki "Way of Life" icon on the navigation screen.

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BMW Canada adds five new retail facilities in April


Whitby, Ontario - BMW Group Canada is pleased to welcome five new retail centres to its Canadian network. The new retailers are BMW Hamel, MINI London, BMW/ MINI Moncton and European Motorrad, brining the total retail network to 40 BMW automobile, 19 BMW motorcycle, and 25 MINI retailers across the country.

A new MINI and a new BMW retail outlet opened in Moncton, New Brunswick on April 21, 2008. The facility is the second retailer in the Maritime Provinces and will be owned and operated by the renowned Loundsbury Company Limited. The Loundsbury Group have owned and operated numerous successful businesses in New Brunswick since 1878. The retail centre is located at the entrance to the Moncton international airport on over three acres of land and the building is over 19,000 sq. ft. It includes eight vehicle showrooms, two vehicle delivery area, four vehicle service drive-thru, six workbays and two detail bays.

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Delhi Bus Rapid Transit system praised!


New Delhi, April 25, 2008: Delhi might soon lose its war against growing traffic and increasing pollution, without an effective and massive public transport system. Delhi needs big answers for its big problem and tough measures like the Bus Rapid Transit (BRT) system is one such solution in the future roadmap. This thumbs-up for the BRT came here today from Bhure Lal, chairperson of the Environment Pollution (Prevention and Control) Authority (EPCA), as well as Sunita Narain, director, Centre for Science and Environment (CSE).

“Once seen as one of the most polluted cities in the world, Delhi did succeed in arresting its air pollution through big-ticket solutions like the introduction of CNG. Our research tells us that Delhi could negate the gains made because of the phenomenal increase in vehicle numbers in the city. The answer will be to invest heavily in public transport, increase the bus fleet and restructure the bus service. But all this is not enough unless we can provide space for the bus to move and it is for this reason that the BRT is one solution,” said Bhure Lal.

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GM-AVTOVAZ starts deliveries of Chevrolet Niva vehicles of ‘Barolo’ color


JV GM-AVTOVAZ starts deliveries of Chevrolet Niva vehicles of “Barolo” color (red brown metallic).

New color changed Fairy Show color.

In the nearest days the first Chevrolet Niva vehicles of Barolo color will reach dealers` centers in 27 cities, including Togliatti, Nizhniy Novgorod, Ekaterinburg, Omsk, Kemerovo, Novosibirsk, Ufa and others.

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New SEAT Ibiza is on display all over Europe in three rigs


Since last 2 April, when the new SEAT Ibiza made its world debut at the Martorell Prototype Centre, three spectacular rigs equipped with glass showcases, a colourful light show and interior cameras have been making an intense, exciting tour around Europe in order to show off SEAT’s new model before its commercial launch.

In total, the design and sportiness of the new SEAT Ibiza will be on display in 17 European cities during the 40-day “Ibiza Tour” covering more than 50,000 kilometres.

Cities such as Barcelona, Madrid, Lisbon, London, Paris, Geneva, Berlin, Krakow, Amsterdam, Copenhagen, Rome and Strasbourg are a few of the destinations visited by the motorcade during rush hour to attract the most attention from drivers and passers-by.

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Apr 26, 2008

GM South Africa drives a greener future


General Motors South Africa launched a tree planting project at Pendla Primary School in New Brighton, one of Port Elizabeth’s oldest townships, this week.

This initiative entails planting 100 trees at schools across disadvantaged communities in Nelson Mandela Bay. While green technology and global warming make world wide headlines, General Motors South Africa seeks to enhance awareness in local communities where ecological education has yet to become a priority.

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GM of Canada receives Ontario's Environmental Leader designation


Toronto Green Living Show - Today, the Ontario Ministry of the Environment recognized General Motors of Canada as the first automaker and the largest company yet to be honoured by Ontario’s Environmental Leaders (OEL) Program. All of General Motors Canada's operations were included in the receipt of this new recognition.

The Ontario Environmental Leaders program recognizes and rewards leading companies and organizations that commit to reducing their environmental impact beyond what is required by regulation. The program has rigorous entry criteria, requiring a robust environmental management system and solid compliance record. Each application is scrutinized by an external stakeholder panel representing industry, environmental groups and academia.

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Virginia Governor to attend Volkswagen Jetta Tdi Cup race


Auburn Hills, Mich. - Volkswagen of America, Inc. announced today that Virginia Governor Timothy M. Kaine will be in attendance at this weekend’s inaugural Jetta TDI Cup race at the VIRginia International Raceway (VIR) on April 27th. This race follows the recent announcement from VIR that Volkswagen has been named the Official Vehicle of the raceway.

“We’re extremely honored to have Governor Kaine joining us this weekend to kick off this exciting and technologically advanced race series,” said Stefan Jacoby, president/CEO, Volkswagen of America, Inc. “As the interest in clean diesel vehicles continues to grow, we’re excited about what the Jetta TDI Cup series will do to help increase awareness about this new field of racing and the technologies showcased and their positive effects on our environment.”

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Superior receives 2007 World Excellence Gold Award from Ford Motor


VAN NUYS, Calif. - Superior Industries International, Inc announced today that it has been awarded Ford Motor Company's highest supplier honor, the 2007 World Excellence Gold Award, for the second consecutive year.

Tony Brown, Ford's Group Vice President, Global Purchasing, commented, “This marks the tenth year we have honored world-class suppliers for extraordinary contributions that directly impact Ford's ability to deliver high quality vehicles and customer satisfaction. This commitment to excellence is coming through in the latest quality data, which show Ford's initial quality in North America is now equal to the best in the industry. These successes belong not just to Ford – but to our suppliers as well."

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Volkswagen's clean diesel vehicles sets for race


Alton, VA. - Thirty Jetta TDI Cup clean-diesel cars took to the track today at VIRginia International Raceway (VIR) for the first time in this race series. As part of the inaugural racing weekend, ‘taxi’ rides around the VIR course in TDI cars were provided by professional Volkswagen drivers to media and selected guests.

“As we get ready for the official start of the Jetta TDI Cup series this weekend the excitement surrounding the race continues to grow every time the cars get on the track,” said Clark Campbell, motorsports manger, Volkswagen of America, Inc. “This race promises to not only make history as the first series to offer an entire field of clean diesel vehicles, but will showcase rising talent in the hopes of producing a new star in racing.”

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Apr 24, 2008

Infibeam.com announces car rental scheme


Ahmedabad Cars

After recording massive online business growth, leading car and two-wheeler search website http://www.Infibeam.com offers CAR RENTAL service.

Announcing this, an excited Mr Vishal Mehta, CEO, http://www.infibeam.com said, “Infibeam.com now enters a new phase in its internet lifetime. Our CAR RENTAL programme for our Ahmedabad and Gujarat customers will be unique in terms of price, commitment and comforts.”

Justifying online car rental service, Mr Mehta quipped, “Mobility choice online has never been easy as it is today through Infibeam.com. We possess a fleet of brand new luxury and AC cars and SUVs to ferry four to eight persons anywhere - anytime.”

He added that for convenient and easy office, airport or railway station transfers, a short family trip, excursion, vacation or tourists on the move, one can definitely expect value-for-money preposition from Infibeam.com.

Mr Mehta stated, “Infibeam.com introductory car rental program for air-conditioned cars and SUVs is the best on offer and has truly delighted our clients from individuals to reputed companies and organisations, so far.” Companies, Organizations and individuals can always avail Infibeam.com car rental services that encompass self drive, chauffer driven, with or without fuel options.

About Infibeam.com:

http://www.Infibeam.com is a leading search engine for two and four wheelers and now turning to new venture in car rentals spurred by its growth in geometric progression. One can find details of leading car manufacturers and their cars or small utility vehicles (SUVs), or two wheelers like motorcycles, scooters, scooterettes and electric bikes in India. One can also buy or sell used cars or two wheelers by viewing or placing the details on the website.

Infibeam.com
1004, 10th Floor, GNFC Info Tower
Nr. Hotel Grand Bhagwati, S. G. Road,
Ahmedabad - Gujarat, INDIA 380054

Telephone: 91-9227884916 or 91-9227884914

Please email us at customerservice@infibeam.net

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Chery exhibits 26 models under 6 series at 2008 Beijing International Exhibition


Recently, the reporter got to know from Chery that as China’s national leader in the automotive industry, Chery will exhibit 26 models under 6 series at the “2008 Beijing International Automotive Exhibition” for an exhibition focusing on the latest research and development achievements of the company in fields including model development, hybrids and new energy vehicles, and power train system.

It is known that the exhibition area of Chery is 2,500 square meters. The exhibits include 26 models under 6 series. Both the area and vehicle quantity exceed the scale of the previous years.

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Skoda Auto at Beijing Motor Show


Skoda Auto presents altogether 10 vehicles of three model lines at China's most important motor show held this year. The special atmosphere of the event enhances the impact of the presentation of Skoda's whole portfolio and, in particular, the main new arrival in the Chinese market, i.e., the Fabia. By presenting its European models, Skoda Auto shows its technological potential (Octavia RS and Scout) and environmental orientation (Fabia GreenLine) to Chinese industry experts.

The Fabia model line, the main magnet of the Company's presentation portfolio, is shown in both available body versions. Besides a hatchback with an attractive white-painted roof, the visitors can see the Fabia GreenLine, an environmentally friendly model whose combined CO2 emissions are just 109 g/km.

The Octavia line includes both European models and the Octavia Mingrui that has built a very good position in the Chinese market. The European models include the Octavia RS (sports version) and the Octavia Scout.

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Maruti Suzuki net profit up 10.8% in 2007-08


New Delhi - Car market leader Maruti Suzuki India Limited today announced its financial results for the quarter ending March 31, 2008 and for the full year 2007-08.

Fiscal 2007-08:
The company’s Total Income (Net of Excise) for the year 2007-08 climbed to Rs 188,238 million. This is the highest Total Income (Net of Excise) ever in the company’s history, and marks a growth of 23.4 per cent over 2006-07.

Net Profit during the year stood at Rs 17,308 million, up 10.8 per cent over 2006-07. This is despite a more stringent depreciation policy adopted voluntarily by the company with effect from 1st April 2007.

The company’s EBDITA for the year stood at Rs 31,308 million, a growth of about 21 per cent over the previous year.

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BMW presents hydrogen 7 to EU parliamentary President


Strasburg - During his visit to the European Parliament in Strasburg on 23 April 2008, Dr. Norbert Reithofer, Chairman of the Board of BMW AG, presented the first series hydrogen saloon in the premium segment to the President of the European Parliament, Hans-Gert Pöttering.

In line with the European Parliament's efforts to take measures to reduce its own CO2 emissions, President Pöttering agreed to receive this car for institutional use for a limited trial period.

During the presentation, Dr. Norbert Reithofer said: "Our goal is sustained mobility. We can only make this possible together with the help of politicians and under reliable conditions. The Hydrogen 7 shows that we have initial solutions and are on the right track. We are convinced that regeneratively produced hydrogen has the most potential to secure our mobility in the future. We are both delighted and proud, President Pöttering, that we have managed to make this mobility concept reality today."

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Skoda launches Fabia Combi


Skoda Auto's results as at the end of the first quarter of 2008 are excellent. The sales over the past three months totalled 173,474 vehicles, i.e., grew by 15.7% as compared to the same period of last year. The new Skoda Fabia Combi is a great success. Launched this year in January, 19,503 Combis were delivered to customers over the first quarter. As a result, the total number of customers choosing a Fabia model over this period is 63,579 (+ 8.5 %).

Also the Skoda Octavia retained its popularity over the first three months of the year - the Company sold 70,970 (+ 33.8 %) vehicles of this popular medium-class model.

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Apr 23, 2008

Ford Reduces Its Global Manufacturing Environmental Footprint


Dearborn, Mich. - Earth Day is a time to reflect on what society is doing to address climate change and energy security, and a reminder that preserving the earth is the responsibility of all who use it. As part of Ford Motor Company’s commitment to do its part, the company is dramatically improving the efficiency of its manufacturing operations worldwide and increasing the use of renewable or “green” energy sources.

Since 2000, Ford has reduced its global operational energy use by 30 percent (3 percent improvement from a year ago), CO2 emissions from our facilities by 39 percent (11 percent improvement from a year ago) and water use by 43 percent (21 percent improvement from a year ago). Ford improved energy efficiency in the U.S. by 4.5 percent, resulting in a savings of about $18 million.

Globally, renewable or "green" power supplies about 3 percent of Ford’s energy needs. Ford uses hydro-power, solar and wind power, landfill gas and waste gases, and other sources to supply some of its global energy needs.

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Economical business car – smart fortwo mhd


On time for the start of his new climate protection campaign entitled "Tübingen goes green. 10% less CO2 by 2010" Boris Palmer, the mayor of Tübingen has taken delivery of his new business car - a smart fortwo micro hybrid drive (mhd). The administrative head of the university town opted for a smart – a brand now sold successfully in 37 countries – first and foremost for environmental reasons.

With its innovative start/stop function the smart fortwo mhd is particularly economical and consumes just 4.3 litres of fuel over 100 kilometres (CO2 emissions: 103 g/km). It therefore meets the high ecological demands of the committed Green Party politician in the executive seat of the historic town on the river Neckar.

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Audi Implements Auto Industry's Fastest Supercomputer to Advance Safety Standards


Paris, France – ESI Group, a pioneer and world-leading supplier of digital simulation software for prototyping and manufacturing processes, announced today that AUDI AG has implemented the auto industry’s fastest supercomputer to advance safety standards. Crucial in optimizing car safety, the new system is based on ESI Group’s PAM-CRASH 2G simulation software and an HP Cluster Platform 3000BL system, providing 15.36 teraflop/s of computing performance for crash simulation models of Audi. The supercomputer implementation places the leading premium car manufacturer at No. 123 on the TOP500 list of the world’s fastest supercomputers, making it the auto industry’s fastest system.

Audi partnered with ESI Group, a pioneer and world supplier of digital simulation software, to establish and drive its global vehicle safety projects around the world. Audi recognized the unparalleled computing efficiency and ease-of-use of the PAM CRASH 2G software and, as a result, the implementation improved the reliability of its crash safety and impact simulations.

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LX570 - Second Generation of Lexus LX


The ultimate in luxury four wheel drive vehicles - the new LX570, has arrived and is set to redefine the growing luxury SUV market, and will further enhance Lexus' reputation for performance, reliability and prestige.

The LX570 is the second generation of the Lexus LX line and represents a significant advance in performance and specification from the previous generation LX470 - first introduced in New Zealand in 1998.

Equipped with an all new, 5.7 litre, 32 valve V8 engine, LX570 produces 270kW of power at 5,600rpm and 530Nm torque at 3,200rpm.

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Auto Dealers applaud speedy implementation of national fuel economy standard


WASHINGTON, D.C. – Today, the Bush Administration proposed aggressive fuel economy targets for automakers that would take effect beginning in Model Year 2011. The National Automobile Dealers Association (NADA) recognizes the substantial impact that this national standard, if adopted, would have on both reducing the nation’s dependence on foreign oil and limiting greenhouse gas emissions from new vehicles.

NADA commends U.S. Secretary of Transportation, Mary Peters, for moving quickly to exercise the authority Congress established this past December when it enacted the Energy Independence and Security Act of 2007.

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Apr 22, 2008

Mazda & IBM Japan extend outsourcing agreement


Hiroshima, Japan - Mazda Motor Corporation and IBM Japan have announced an extension to their strategic outsourcing contract for information technology (IT). Aimed at raising business efficiencies in Mazda’s operations through the enhanced use of information technology, the agreement extends the existing contract for the December 1999 to May 2010 period by five years, and runs through 2015.

The modified strategic outsourcing contract will take effect in April 2008 for seven years through 2015. Its focus is on wide-ranging human resource development initiatives to enhance Mazda’s business and systems know-how in addition to the existing development and operation of information systems. The contract extension will strengthen the strategic partnership between the two companies in areas utilizing IT.

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Ford to release Q1 2008 financial results on April 24


DEARBORN, Mich. - Ford Motor Company will release its first-quarter financial results at 7:00 a.m. EDT, Thursday, April 24. The following briefings will be held after the announcement:

At 9:00 a.m. EDT, Alan Mulally, president and chief executive officer, and Don Leclair, executive vice president and chief financial officer, will host a conference call for news media and the investment community to discuss first-quarter results.

At 11:00 a.m. EDT, Ford Senior Vice President and Controller Peter Daniel, Ford Vice President and Treasurer Neil Schloss and Ford Motor Credit Company Vice Chairman and Chief Financial Officer K.R. Kent will host a conference call for fixed income analysts and investors.

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Apr 21, 2008

smart fortwo now available in China from mid 2009


The smart fortwo will also be available to Chinese customers from mid 2009. This was announced by Dr. Dieter Zetsche, CEO of Daimler AG and head of Mercedes-Benz Cars, at the Auto China Beijing 2008 (22 - 28 April 2008). This means that smart is now set to open up another major automobile market, following the successful launch in the USA.

Daimler AG expects additional sales potential for the brand in China as the small car is practically tailor-made for the increasing number of small car customers on the Chinese market: The smart fortwo combines modern technology, premium quality and safety, exemplary low fuel consumption and corresponding low CO2 emissions with a unique space concept that offers advantages in the dense traffic of China’s numerous large cities.

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World premiere of Mercedes-Benz GLK


Stuttgart/Beijing - At this year’s Auto China fair in Beijing (April 20-28, 2008), the focus will be on the keenly anticipated world premiere of the Mercedes-Benz GLK-Class. With its functional yet attractive and striking body lines, and extraordinary capabilities both on and off the road, this distinctive character sets new standards in the compact SUV segment. Equally certain to generate a great deal of interest are the new model generations of the SL, M and CLS-Class. The new SL continues the tradition of the sports car family that was founded by the legendary 300 SL "Gullwing" in 1954. This premium roadster with its decidedly sporty and serene design excels with outstanding performance, first-class safety features and luxurious comfort. Following its model update, the successful M-Class now has a significantly more striking appearance and gives an even more sporty, muscular impression. Specific fine-tuning measures have also made the four-door CLS Coupé - the initiator of a new automotive segment - considerably more attractive.

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Toyota displays largest lineup vehicles at Beijing Show


Tokyo - TOYOTA MOTOR CORPORATION (TMC) announced today that it is displaying a total of 50 production and concept vehicles at the 2008 Beijing International Automotive Exhibition, held from today until April 28 at the new China International Exhibition Center in Beijing, China.

The display—aimed at responding to the rapidly diversifying Chinese market—is the largest and most-varied Toyota/Lexus exhibit ever at the biannual Beijing event. Production models shown include the compact Yaris (to be built in Guangzhou, China from the end of May) and the new Vios and Lexus LX570 SUV, both introduced in China earlier this year. The most-ever concept cars on display for Toyota/Lexus at the Beijing show—seven, including six appearing in China for the first time, such as the iQ compact and the personal mobility i-REAL, indicate Toyota's direction regarding the environment and energy diversification.

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Double milestone in Mercedes-Benz history


The debut today of the new GLK at Auto China in Beijing represents a double milestone in Mercedes-Benz history. The Stuttgart premium auto maker’s compact SUV is also the first Mercedes to celebrate its world premiere in China. “It’s a testimony to this important and fast-growing market that we are presenting our most significant new model of 2008 in China,” said Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars. “After last year’s success, which saw Mercedes-Benz China achieve a volume increase of 53 percent, the new GLK will inject additional momentum here and in other markets,” continued Zetsche.

At Auto China, the first public appearance of the GLK - which is equally at home both on and off-road - was very much in keeping with its character. The driving dynamics of the compact all-rounder is symbolized by the athletic performance of free running protagonist Sebastian Foucan and his team. Foucan is the founder of the cult sporting discipline and gained global recognition with his spectacular stunts in the latest James Bond movie (Casino Royale).

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GM China remains No.1 in Q1 among global automaker


Shanghai, China - General Motors Corp. remained the largest global automaker in China in the first quarter of 2008, as GM and its domestic joint ventures sold 311,512 vehicles. This was a record for any quarter for GM in China.

GM benefited from record quarterly sales of Chevrolet, one of its mainstream brands in China, which jumped 36.3 percent on an annual basis to 56,083 units due to strong demand for the Lova compact sedan and Epica intermediate sedan. GM also enjoyed record sales for the Cadillac CTS luxury sedan, while the Wuling Sunshine minivan remained GM’s best-selling product in China, with demand topping 125,000 units.

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Apr 19, 2008

Bold, exciting new-generation Ford Fiesta revealed at Auto China


Ford Fiesta CarBEIJING, 19 April, 2008 – In a blast of Passion Orange, Ford proudly revealed its all-new global small car – the Ford Fiesta – today as a vibrant five-door hatch. The all-new Ford Fiesta has been reinvented for a new generation of customers.

Designed and developed in Europe for sale in Europe, Asia, South Africa, Australia and the Americas between 2008 and 2010, the all-new Fiesta is the first major product of Ford’s new global product development process.

The all-new Ford Fiesta's dynamic character is accentuated by its bold kinetic design. Its distinct character is further accentuated with major strides in craftsmanship, quality of materials and product choice while continuing to represent Ford Fiesta’s traditional strengths of practicality, value for money, agility and safety.

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Ford Racing Mustangs - FR500GT3 & FR500GT4 - hit the track this weekend


Dearborn, Mich. – The Ford Mustang, the iconic American pony car that has a long pedigree of race victories and series championships in both North America and Europe, will once again take on the world’s best on some of Europe’s most historic race tracks in 2008.

The FIA GT3 European Championship and the GT4 European Cup both begin their 2008 seasons at Silverstone Circuit in England this weekend, and Ford Racing’s 5.0-liter Cammer-powered FR500 Mustangs will be competing for championships in both series.

“We have always said ‘Mustang was born to race,’ and the GT4 championship last year was just another in a long line of great race wins and championships the brand has been involved with for more than 40 years,” said Jamie Allison, Manager of the Ford Racing Performance Group, North America. “We’re thrilled that race fans worldwide have a chance to see Mustang race against the very best and we’re even more pleased to be associated with Matech Racing, who is running a full line of Ford Racing 5.0-liter Cammer-powered competition Mustangs and Ford GT’s in FIA GT3.”

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GMC breaks new ground with launch of New Terrain Compact SUV in Kuwait


Terrain Compact CarDubai, United Arab Emirates - GMC’s first ever compact SUV, the brand new Terrain was officially launched in Kuwait last week at a major Ride & Drive event along the picturesque roads of Kuwait. With the new Terrain compact SUV, GMC is ready to meet future customer demand in the fast growing compact SUV segment by combining the versatility of an SUV with the driving dynamism of a sedan.

After making its global debut at the 9th Middle East International Motor Show last November, the Terrain will add yet another professional grade SUV to GMC’s existing line-up of Acadia, Envoy, Sierra, Yukon, Yukon XL and the Denali models.

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Ford honors 47 top suppliers for superior performance in 2007


DEARBORN, Mich. - Ford Motor Company has recognized 47 top global suppliers at 57 locations for their work in helping Ford develop high quality, lower cost vehicles that customers want. The World Excellence Awards, which celebrated its 10th anniversary with a ceremony earlier this week, also recognize suppliers for embracing Ford's vision of profitable growth, teamwork and a better world.

"This marks the tenth year we have honored world-class suppliers for extraordinary contributions that directly impact Ford's ability to deliver high quality vehicles and customer satisfaction," said Tony Brown, group vice president, Global Purchasing. "This commitment to excellence is coming through in the latest quality data, which show Ford's initial quality in North America is now equal to the best in the industry. These successes belong not just to Ford -- but our suppliers as well."

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Sylvania helps consumers stay safer while driving at night


HILLSBORO, N.H. - Most people don't spend much time thinking about their car's headlights. But just as seatbelts, properly inflated tires and regular tune-ups can help improve driver safety, so too can choosing the right headlights and maintaining them properly.

Visibility is crucial to staying safe on the road. Dim or misaligned headlights can make night driving dangerous. In fact, accidents are three times more likely to occur at night than during the day.

OSRAM SYLVANIA, the world leader in automotive lighting solutions, has introduced new headlight product packaging to make it easier for consumers to understand their automotive lighting options and make informed choices.

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Apr 18, 2008

Future of electric cars or 'Cold Fusion' of Autovation?


Ian Clifford wants to start a global revolution by building a practical, everyday car with no gasoline engine, no batteries, and no emissions.

While big Detroit automakers ponder a future plug-in car that goes 40 miles on a battery charge before its gas engine kicks in, Mr. Clifford's tiny ZENN Motor, a Toronto maker of low-speed electric cars, announced in March that it will build a new highway-speed (80 m.p.h.) model that goes 250 miles on a charge – and can recharge in just five minutes.

Having no batteries, the new "cityZENN" model will use a breakthrough version of a common electrical storage device called an ultracapacitor to store power from a wall socket, the company says. Fuel costs to operate it would be about one-tenth of today's gas-powered vehicle.

If that astounding claim is real (and there are many skeptics), it could revolutionize automotive travel by making all-electric cars competitive with gas-powered vehicles and easing the world's dependence on oil.

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2009 Buick Lucerne joins GM FlexFuel lineup


Alexandria, VA. - The 2009 Buick Lucerne sedan will join General Motors' industry-leading lineup of flex-fuel vehicles that can run on either ordinary gasoline or E85, or any combination of the two, GM Vice President of Environment, Energy and Safety Policy Beth Lowery said Thursday.

The Lucerne, the first flex-fuel capable Buick passenger car, will be among more than 15 GM models with flex-fuel capability in 2009, up from 11 offerings this year.

"We continue to believe that ethanol used in high blends like E85 offers the best near-term solution to offset increased oil demand," Lowery said at the Department of Energy's Biomass Conference. "There are more than 7 million vehicles today that can use E85. The key is to increase the number of stations that offer the fuel."

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Reynolds reassures its GM IDMS Dealers


DAYTON, OHIO – Reynolds and Reynolds reiterated today that all current Reynolds customers operating with GM IDMS may remain Reynolds customers on the same ERA dealership management system (DMS), with no disruption and no change in how dealership personnel utilize the ERA DMS. Reynolds made the announcement to counteract misleading stories in the media and letters from competitors to GM IDMS dealers.

“There is no requirement for our 400 IDMS customers to change dealership management systems,” explained Trey Hiers, vice president of Corporate Marketing at Reynolds and Reynolds. “There is no requirement from GM nor is there a requirement from the standpoint of the functionality of the ERA DMS. There is a lot of misinformation being generated in the media and from competitors that misleads readers and customers into believing Reynolds customers are ‘being cut off’ and ‘must transition out of their (current) system’ to another DMS vendor. That is simply not true.”

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Vauxhall Insignia: Dynamic Design & Advanced Technology


Vauxhall Insignia: Dynamic Design & Advanced Technology

Luton, Beds - With its groundbreaking design and sophisticated technology, the new Insignia takes Vauxhall’s new-found design language to another level. The premium styling of the new five-seater - initially available in hatchback and saloon guise – clearly defines Vauxhall’s philosophy of making advanced technology and attractive design affordable.

The Insignia boasts a flowing, powerful silhouette with a coupe-like roofline. The body’s sculpted shape is accented by sweeping front and rear light designs and enhanced by a bold radiator grille with a new-look Vauxhall emblem. A distinctive “blade” feature runs from behind the front wheel along the side of the car, further emphasising its taut and rakish lines.

“We’ve re-defined our design vocabulary,” says Mark Adams, Vice President Design, GM Europe. “The Insignia is muscular, but lithe and curvaceous. Our aim was to develop a confident look which reinforced the car’s superb driving dynamics, but also one that made it clear that this was a premium product, albeit still at a highly competitive price in its class.”

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Corvette plans for FIA GT1 Championship


The kick-off for the FIA GT1 Championship 2008, comprising nine races in Europe and one in Argentina, is in Silverstone (GB) on April 19 and 20. This race series promises to be a major hit, with a full grid of stunning sports cars. One of the contenders is Phoenix Carsport Racing, a German-Dutch-Swiss team that will enter two Corvette C6.R cars for the Championship. Both Corvettes are ex-GM Racing cars, very successful earlier in the American Le Mans Series and 24 Hours of Le Mans. Their factory provenance is recognizable in the livery of the cars: besides a purposeful race body, the ‘European’ Corvettes also feature the new colour scheme of main sponsor GMAC.

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New Opel Insignia with groundbreaking design & sophisticated technology


Opel Insignia CarRüsselsheim - A new name, a new car, a new ambition. With its groundbreaking design and sophisticated technology, the Insignia makes a quantum leap toward rejuvenating the brand and providing the perfect opportunity to discover Opel. The styling of the new 4.83 meter five-seater clearly expresses Opel’s strategy to make advanced technology and attractive design affordable.

The Insignia boasts a flowing, powerful silhouette with a coupé-like roofline. The body’s sculpted shape is accented by a distinctive radiator grille with a newly-designed Opel emblem. Unmistakable design elements include a sweeping front and rear light “wing” signature and a “blade” side contour that begins directly behind the front wheel and glides through the entire side of the body. Both details give the Insignia’s a muscular but graceful allure.

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Apr 14, 2008

New A Class & B Class vehicles with StreetPilot III portable navigation system


As part of the current model refinement process, the new-generation Mercedes-Benz A and B-Class vehicles are more comfortable, economical, and environment-friendly than ever before. In keeping with these improvements, Mercedes-Benz Accessories GmbH is now offering the portable navigation system StreetPilot III, which saves the driver unnecessary detours and the resulting extra fuel consumption. The particular strengths of the tailored original accessory retrofit solution include perfect coordination with the new models, clear language output, and the high-definition TFT colour monitor in a new design.

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Dream machines in three classes: The current Mercedes-Benz Coupe family


Vienna - The Mercedes-Benz Coupe family is more youthful, more attractive and more innovate than ever before with the new CLC Sports Coupe, the new-generation CLS-Class and the 4MATIC version of the CL. The CLC is the new youngster in the Mercedes range, the compelling entry-level model in the Mercedes-Benz Coupe family. Engineering highlights of the CLC include a new direct-steer system for even more agile cornering, state-of-the-art infotainment systems featuring Europe-wide DVD or hard-disc navigation, as well as an uprated four-cylinder engine that now develops 135 kW/ 184 hp.

Fuel consumption has been reduced by up to 10.8 percent compared with the outgoing model. The four-door CLS Coupe looks even more stylish than before thanks to its understated yet effective styling modifications. The Mercedes-Benz engine line-up is joined by the 2.8-litre V6 engine developing 170 kW/213 hp, which consumes just 9.8 litres per 100 kilometres (NEDC). The Mercedes Coupe family is headed by the luxurious CL-Class, which is now also available for the first time with permanent all-wheel drive. The new CL 500 4MATIC thus offers even greater traction and handling stability in the wet, in snow or on ice.

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Electric Moto launches new electric vehicle concept


ASHLAND, OR - Electric Moto Corp., Inc, a U.S.-based designer, manufacturer and retailer of highly efficient electric battery-powered motorcycles, scooters and ATVs, is pleased to announce that the company is now publicly traded under the trading symbol Pink Sheets: EMOT. The company is preparing for the soon to be announced launch of its first retail line of all electric off-road motorcycles and is also gearing up for the launch of its electric-powered ATVs and scooters.

"The newly public Electric Moto Corp. already has a long history within the electric vehicle industry. We have put together a team of executives, designers and engineers with decades of experience developing cutting edge battery systems and engine technologies for powering the eco-friendly, fun vehicles of the future. The first generation of demo bikes we produced has gotten rave reviews from everyone from the automotive press to some of the top professional motocross riders from around the world. We keenly understand that we had to produce a bike that could compete head to head with the top gas-powered bikes out there if we wanted to be taken seriously. Our Blade XT bike does just that and looks and feels great in the process!" says Ely Schless, CEO of Electric Moto Corp., Inc.

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Apr 10, 2008

Nissan's Tiida top one million global sales in March


TOKYO – Nissan Motor Co., Ltd announced that cumulative sales of the Tiida compact car (North American name: Versa), topped one million in March 2008. This milestone comes just three and a half years after the Tiida was launched on September 30, 2004.

The Tiida was initially launched in the Japanese market in September 2004, followed by a rollout to the general overseas markets including China in 2005 with subsequent launches in North America and Europe in 2006 and 2007 respectively. The Tiida has garnered high ratings due to its spacious and modern interior, impressive driving performance and high fuel efficiency which surpasses other vehicles in its class.

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Massage & ventilation elevate Volvo S80 & XC90 Executive to next level


Volvo's most exclusive cars guarantee discreet Scandinavian luxury designed to appeal to all one's senses. For model year 2009 the aura is reinforced still further through a unique combination of massage and ventilation functions in the front seats along with a range of enhanced materials and trim details.

The Volvo S80 and XC90 Executive have been created for customers who want uncompromising ability to relax after a demanding day at work - or who want to get to work totally alert to tackle the coming working day. These are cars that are often used for official purposes. This imposes extra demands on comfort, aesthetics and materials. And not least on the requirement that quality must meet the very highest standards in every single respect.

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Suzuki announces strong automotive sales of March


BREA, Calif. - American Suzuki Motor Corp. today announced automotive sales of 10,510 units in March, a year-over-year daily selling rate increase of 2.6 percent over last year’s March sales total. Suzuki Auto’s strong sales month, which kept it on-pace to m atch the company’s record-setting 2007 sales year, resulted in a total year-to-date sales volume of 26,430 vehicles.

March sales were led by Suzuki’s midsize crossover SUV, the XL7, which sold an impressive 3,898 units, an increase of 84 percent over 2007. The SX4 model line also contributed to March’s increase with 3,206 units sold, up 92 percent year-over-year.

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Indonesia to open Mercedes-Benz Tour


Indonesia will host the opening round of the Mercedes-Benz Tour which sees Asia’s top golfers compete on courses across the continent.

The USD 50,000 Mercedes-Benz Masters will be contested at the Emeralda Golf and Country Club in Bogor from May 14th to 17th, according to the Jakarta Post.

Angelo Que and Danny Chia will both be competing in the tournament following their one two finish at the Philippine Open and Denny Supriadi and Maan Nasim will also be competing.

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Apr 9, 2008

Three quarters of new car shoppers affected by gas prices


IRVINE, Calif. - According to the latest Kelley Blue Book Marketing Research study, an increasing number of consumers say their purchasing behavior has shifted and will continue to change significantly if gas prices continue to rise. The latest 2008 results revealed that nearly 60 percent of vehicle shoppers say gas prices have changed their minds or strongly influenced their purchase decisions. Furthermore, 43 percent indicated they would seriously consider a more fuel efficient vehicle if gas prices were to swell an additional 25 cents above current levels. Both measures are up 11 points from the previous month's Kelley Blue Book Marketing Research study.

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Car designer Revenge provides corporate update


DECATUR, IN - Revenge Designs, Inc, a specialty car designer and production assembler, provides a corporate update to its shareholders.

The company would like to announce that it has received word from one of its suppliers that there has been a shipping delay in the delivery of parts needed to complete the vehicles for the photo shoot. This will cause a one day delay for photos weather permitting. The company will, however, release photos of the current production being done within the plant at the previously announced time tomorrow.

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CarMax provides 'Spring Cleaning' advice for your car


RICHMOND, Va. - Spring has sprung and it's time to help your car get in shape for the warm weather. To help you out, CarMax, Inc, the nation's largest retailer of used cars, and its master technicians, offer advice on how to spruce up your car for spring.

"Spring is the best season for car care. The mild weather allows you to test all critical vehicle systems and see what shape they're in," said Juan Crespo, ASE Master Technician for CarMax. "Take your car's cabin air filter for example, a dirty or clogged filter might have gone unnoticed in winter, but might make the cabin smell moldy and restrict the flow of cool, fresh air into the cabin on a hot summer day."

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Apr 8, 2008

Mahindra Renault Logan sales zoom past 3000 units in March


Mumbai - Mahindra Renault Logan, India’s first wide body passenger car, has registered outstanding sales figures of 3068 units in March 2008, registering a total annual sales of 25,890 with an overall market share of 12% in midsize car segment since its launch.

Mr. Nalin Mehta, Chief Operating Officer, Mahindra Renault said, “We are extremely delighted with the remarkable sales clocked by the Logan in the month of March’08. This also coincides with the completion of what has been an exciting year with the Logan winning several accolades for its superior quality & performance. This milestone would not have been achievable without our loyal customers. The response to the ‘customer referral scheme’ that we had launched for our customers has been overwhelming.

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Mitsubishi Motors announces U.S. electric vehicle fleet test


Tetsuro Aikawa, Managing Director in charge of Product Development Group Headquarters, Mitsubishi Motors Corporation, announced at the New York International Auto Show that fleet testing of the zero-emissions i MiEV electric vehicle would begin in the U.S. this fall.

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First Volkswagen with lane-keeping assistant & adaptive chassis control


Wolfsburg - With more than 15 million cars built, the Passat and Passat Variant rank among the really big successes in automotive history. Now Volkswagen is extending the model range of this car line by adding a third dimension: the Passat CC. Its fully independent body design, an interior that has sporty individual bucket seats in the rear too, impressive powertrain systems and technological highlights worthy of the luxury class, meld together to create a unique vehicle in the Passat’s market segment. The Passat CC is an elegant sedan and a dynamic coupé simultaneously. The concept and design of this Volkswagen are defining fresh, new directions beyond the mainstream.

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Apr 5, 2008

Toyota to conduct spring traffic safety campaign


Tokyo - TOYOTA MOTOR CORPORATION (TMC) announced today, along with a total of 428 companies, including vehicle dealers, logistics systems and forklift dealers, parts distributors and rental/lease dealers, it will conduct the spring Toyota Traffic Safety Campaign from April 1 to 30, in response to Japan's spring Nationwide Traffic Safety Campaign (which runs from April 6 to 15).

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Volkswagen announces voluntary safety recall of 1999-2005 model year passats


Auburn Hills, Mich. - Volkswagen Group of America, Inc. has announced a voluntary recall of all gasoline powered Passat models from 1999 through 2005 for inspection and repairs, if required.

Some Passat vehicles with an automatic transmission may have an underbody heat shield that could be subject to damage. A damaged heat shield, in contact with the vehicle exhaust system, could create risk. These heat shields will be inspected, and an additional heat shield will be installed.

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Hyundai i10 bags 'Indian Car of the Year 2008'


New Delhi - The all new Hyundai i10 has bagged the title of the ‘Indian Car of the Year 2008’ – (ICOTY) at a glittering award function held in Mumbai. Over the last two years, the awards have proved to be the benchmarks for auto excellence in India and are widely recognized as the most trusted word on automobiles for consumers, manufacturers and auto experts alike. Hyundai i10 was the unanimous choice of experts as well as customers alike.

The most coveted of the Auto Awards, the ICOTY award has been instituted by all the prominent automotive magazines in the country like Autocar India, Auto India, Business Standard Motoring, Car India, Overdrive and Top Gear, and the jury comprises of the senior most motoring journalists in India. The purpose of the award is to recognise and choose the car which best symbolises quality, driveability and performance.

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Apr 3, 2008

Passat BlueMotion among top 3 'World Green Cars 2008'


The Passat BlueMotion (fuel consumption: 5.1 – 5.2 l/100 km; CO2 emissions: 136 – 137 g/km) ranks among the most environmentally friendly cars in the world. At the New York International Auto Show, a jury of international judges voted it into the top 3 of the “World Green Cars 2008”. With remarkable fuel economy and low CO2 emissions, the Passat BlueMotion successfully competed against several hybrid models and a fuel cell car. Volkswagen currently offers seven models under the BlueMotion label; further are set to follow shortly.

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Lamborghini achieves record figures in 2007


The Italian manufacturer of luxury sports cars Automobili Lamborghini SpA, based in Sant’ Agata Bolognese, has achieved a further record year’s financial results. In the 2007 fiscal year (December 31), the company has surpassed all key objectives for deliveries, sales and net profit. 2007 marks the sixth consequent record year for Lamborghini.

Deliveries of 2406 super sports cars with the raging bull logo were delivered to customers worldwide. This is an increase of 15,3 per cent over the previous year, which saw the 2000 unit threshold being surpassed for the first time in the company's history with 2087 units. The turnover also increased once more, by 34,9 per cent from 346,3 Mio. Euro to 467,1 Mio. Euro.

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Auto 1 Trophy for the Volkswagen Tiguan


Europe’s toughest jury has made its decision: this year’s coveted Auto1 Trophy in the “Off-Roaders and SUVs” category goes to the Volkswagen Tiguan. More than 40 million readers of the 26 editions of Auto Bild voted for their favourites in six vehicle categories. The top three in each category then had to prove themselves at a test facility near Rome, where an expert jury made up of racing drivers, technicians and senior editors determined the category winners. The result: a convincing victory for the Tiguan.





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Volkswagen accompanies Olympic torch


At the end of March, the longest torch relay in the history of the Olympic Games began at Olympia. Volkswagen, as the major sponsor of the Greek Olympic Committee (HOC), is supporting the torch relay in Greece with a fleet of vehicles and has entered 20 of the 605 runners involved. In addition, Volkswagen and the HOC have donated 2,008 trees to help with the reforestation of the fire-damaged area surrounding the historic site of Olympia.

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CarMax Q4 net sales up 9% to $2.04 billion


CarMax, Inc today reported results for the fourth quarter and fiscal year ended February 29, 2008.

- Total sales increased 9% to $2.04 billion from $1.88 billion in the fourth quarter of fiscal 2007. For the fiscal year, total sales increased 10% to $8.20 billion from $7.47 billion.
- Comparable store used unit sales increased 3% for both the fourth quarter and the fiscal year.
- Total used unit sales grew 13% in the fourth quarter and 12% for the fiscal year.
- For the fourth quarter, net earnings declined 48% to $21.8 million, or $0.10 per share, compared with $42.1 million, or $0.19 per share, in the fourth quarter of fiscal 2007. For the fiscal year, net earnings declined 8% to $182.0 million, or $0.83 per share, compared with $198.6 million, or $0.92 per share, in fiscal 2007.
- In the fourth quarter of fiscal 2008, CarMax Auto Finance (CAF) income was reduced by $34.6 million before taxes, or $0.10 per share, for retained interest adjustments and the effect of higher funding costs.

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Ford will Excite, Entertain and Surprise at Auto China 2008


Ford Motor Company will excite and entertain at Auto China 2008 with a line-up of fun-for-everyone activities. The huge 1460 square meters Ford stand will be alive with interactive displays, real-life interviews and a few surprises.

Ford promises to "Make Everyday Exciting."

Ford will blend the fantastic and the futuristic with a spectacular reveal of its advanced concept cars. You need to see the reveal to believe it, and then you won't believe how they did it.

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Ford earns EPA Award for conserving energy


Ford Motor Company's actions to reduce the amount of energy used to manufacture vehicles and support its U.S. operations have earned it the U.S. Environmental Protection Agency's coveted 2008 ENERGY STAR Award. A three-time ENERGY STAR Award winner, the 2008 award for Sustained Excellence recognizes Ford's continued leadership and commitment to protecting the environment through energy efficiency.

Ford accepted the award at a ceremony in Washington D.C. on April 1, 2008.

"Ford Motor Company is committed to the responsible use of resources," said Sue Cischke, group vice president, Sustainability, Environment and Safety Engineering. "Energy efficiency is critical to running a strong and successful business delivering both financial and environmental benefits."

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Chevrolet collects three 'Car of the Year 2008' awards


A total of three Chevrolet models -- Colorado, Captiva SUV and Optra CNG -- have been recognized as Car of the Year 2008 by automotive publisher Grand Prix International. This marks the first time in Chevrolet's 8-year history in Thailand that three vehicles have been singled out for this award in the same year.

Chevrolet proved once again its ability to deliver expressive design, spirited performance and great value by capturing the coveted Car of The Year 2008 award for three of its models, each determined to be a leader in its respective class. The Colorado 3.0L, Z71 CTi Maxx was considered the best performing 4x4 pickup truck, the Captiva 2.0L was judged to be the best diesel SUV and the Optra CNG the most eco-friendly sedan and the best value for money.




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HUMMER H3T makes debut in Texas


Truck-savvy Texans received a firsthand look at the 2009 HUMMER H3T as HUMMER debuted the brand's first pick-up truck to media attending the Dallas Auto Show today.

Texas represents an important market to HUMMER as the brand prepares to launch its newest product. In addition to a reputation as the nation's truck capitol, Texas also represents a significant percentage of HUMMER's national sales. In 2007, HUMMER sales in Texas represented 11.6% of HUMMER national sales, up 24.9% from 2006.

"With its unique size and HUMMER traits, the H3T is ideal for the customer who works hard and plays harder," said Martin Walsh, HUMMER general manager. "It offers the combination of truck versatility and HUMMER off-road prowess that delivers customers to the trail in style."

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GM urges more Hydrogen Stations


General Motors today called on the energy industry and governments to step up and help automakers make volume production of fuel cell-electric vehicles a reality by opening more hydrogen fueling stations.

That message was delivered by Larry Burns, General Motors vice president, research & development and strategic planning. Burns delivered a keynote address at the National Hydrogen Association’s annual conference in Sacramento, CA.

“The automobile industry has reached a critical juncture in our journey to realize the full potential of hydrogen fuel cell-electric vehicles,” said Burns. “While we have made impressive progress, we have now reached a point where the energy industry and governments must pick up their pace so we can continue to advance in a timely manner.”

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MISCOR appoints new VP of sales & marketing for RRM division


Industrial services provider MISCOR Group, Ltd today announced it has named Edward Matheny as Vice President of Sales and Marketing for its Repair, Remanufacturing and Manufacturing (RRM) Division. Matheny, who recently served as Global Sales Leader for GE Energy-Industrial Services, brings more than 18 years of integrated sales and marketing experience to his new role at MISCOR.

MISCOR said Matheny will oversee the sales and marketing efforts of RRM and its subsidiaries, including Magnetic Industrial Services, 3-D Services, HK Engine Components and MISCOR's newest addition, recently acquired American Motive Power. In addition, he will lead the development of a cross-selling system that will enable each company to leverage the expertise of the others in order to execute the company-wide goal of increased organic growth.

"As we continue to grow and build our roster of products and services, it's critical to have someone like Ed to ensure that both current and prospective customers know the true breadth and depth of our offerings," said John Martell, President and CEO of MISCOR. "His years of leading large, diverse sales teams will enable us to bring the sales teams of new acquisitions up-to-speed faster as we look to speed integration times and maximize performance."

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EMTA Holdings reports March sales results


EMTA Holdings, Inc, maker of XenTx, Synergyn and other engine treatment and fuel efficiency products, has today announced record monthly revenues of $657,000 for the month of March 2008, which represents a 45% increase in sales from the previous month. In addition the Company is pleased to announce that it has generated $229,000 in positive cash flow (for March 2008), the second consecutive month that the Company has accomplished this goal. Results for March 2008 were slightly higher than projected which reflects that the Company's growth strategy is being successfully implemented and is on schedule.

Revenues for the last quarter of this fiscal year are $1,245,000 which represents a 300% revenue increase from the previous quarter and is the first time revenues exceeded $1.0M in any quarter. Based on the current orders and the availability of raw materials, management has introduced the following revenue guidance range for the month of April 2008, the first month of Fiscal Year 2009, at between $775,000 and $1,025,000.

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Ford further integrates global product development & purchasing teams


Ford Motor Company is taking further steps to align its product development and purchasing organizations into an integrated global team to accelerate the creation of vehicles customers really want, reduce costs, enhance quality, and improve efficiency by eliminating duplicate engineering and purchasing efforts.

Under changes effective April 1, Ford is reorganizing senior leaders in the product development and purchasing organizations to assign global responsibility for key vehicle segments and major purchasing functions. In addition, Ford is designating a global network of engineering centers that will be responsible for developing the core attributes of Ford brand vehicles worldwide. These changes will allow Ford to more effectively and efficiently support the company's regional business units in the Americas, Europe and Asia Pacific and Africa.

"We have successfully shared technologies across many of our product lines in the past. These changes will allow us to fully leverage Ford's global product development and purchasing organizations to create more customer- focused vehicles faster," said Derrick Kuzak, Ford's group vice president, Global Product Development.

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Subaru appoints new Manger of Corporate Communications


Subaru of America, Inc. today announced the appointment of Heather Ward to manager of corporate communications. Reporting to the irector of corporate communications for Subaru, Ward will be responsible for the company's corporate and internal communications.

"We are very pleased to have Heather join Subaru," said Michael McHale, director of corporate communications, Subaru of America, Inc. "She will be a great asset to the team as she has extensive retail, service and automotive aftermarket experience."

Ward began her public relations career interning with Newsweek Magazine in New York City as an assistant publicist. From there, she joined automotive after market, retail and service chain, Pep Boys in Philadelphia, beginning as a communications specialist and was subsequently promoted to public relations manager. Ward then worked at Raymour & Flanigan Furniture as PR manager and helped grow the public relations arm of the business. Before coming to Subaru, she worked as Regional Marketing Manager for Commerce Bank.

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Volkswagen launches new 'DAS AUTO' Campaign


Volkswagen of America announced today the launch of a new advertising and marketing campaign called DAS AUTO, literally translated to "the car." Part of a global brand platform, DAS AUTO will build on Volkswagen's unique place in pop culture through its message of It's What the People Want.

The campaign, which launches today, will introduce the world to Max, an iconic, quirky, talking 1964 black Beetle. DAS AUTO kicks off with an extensive targeted television, print and online advertising effort, as well as integration into social media channels. In each spot, Max has candid conversations with notable figures from pop culture in a talk show setting. The discussions focus on Volkswagen's intuition on what it is the people want. Guests include supermodel Heidi Klum, pop and TV personality David Hasselhoff, Star Trek's Leonard Nimoy, NASA astronaut Richard Searfoss, music-sharing innovator Shawn Fanning and former basketball coach Bob Knight.

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Cosma receives 2007 Best Supplier Award from PSA Peugeot Citroen


Cosma International, an operating unit of Magna International Inc, a leading global automotive metal forming supplier, has recently been awarded the 2007 Best Supplier Award by PSA Peugeot Citroen, in the category of technical savings. Out of a total of 800 suppliers that supply PSA Peugeot Citroen, 12 were recognized at an event held on March 12, 2008, in Paris, France. Cosma was the only company to receive an award in this category.

"Cosma continues to be a valued supplier partner, and this award recognizes their technical expertise and commitment to ongoing cost savings," Jean-Christophe Quemard, Vice-President Purchasing for PSA Peugeot Citroen, remarked.

Horst Prelog, President, Cosma International, commented, "Cosma is proud to have been recognized by PSA Peugeot Citroen as a leader in technical savings. It is this collaborative approach between suppliers and customers that is essential in bringing ideas to reality. At Cosma, we look forward to continuing this cost savings activity with PSA Peugeot Citroen and all our global customers."

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China Premium Lifestyle net sales up 49%


China Premium Lifestyle Enterprise, Inc. today reported its 2007 fiscal year end results for the year ended December 31, 2007.

For the year ended December 31, 2007, the Company reported net sales increased 49% to approximately $106.5 million compared to $71.5 million for the same year ended December 31, 2006. For the same period, the Company reported a net profit increase of 47% to approximately $822,000 or approximately $.03 in diluted earnings per share, compared to $559,000 or $.02 in diluted earnings per share.

The company attributed the growth in sales to its new and used vehicle trading segment, with significant increases in deliveries of Ferrari's 8- cylinder models, the F430 and F430 Spider, together with the sellout performance of the new Ferrari 12-cylinder, the 599 GTB Fiorano. The launch of the Maserati GranTurismo also fueled the growth of sales in 2007.

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SEAT launches new SEAT Ibiza in Spain


SEAT is unveiling the new Ibiza this Wednesday at its development and production facility in Martorell near Barcelona, Spain. Sportiness and design, as well as SEAT's customary high-quality precision, are the essential traits of the newcomer to the SEAT family.

Chairman of the Board of Management, Erich Schmitt, describes the company’s latest addition as follows: "The new SEAT Ibiza is the car for the young and the young-at-heart – people who appreciate design, sportiness and quality, yet are also environmentally aware."

The SEAT Ibiza featured today especially benefits from a new technical basis, with a longer wheelbase and greater track width, which result in enhanced dynamic qualities. At the same time, the Ibiza expands its comfort and safety specification with parking sensors and cornering light function, as well as newly developed airbag systems.

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