April 30, 2007

Repowering Your Engine May Be Key to Long-Term Financial Happiness

New Car Smell Wears Off - Payments Linger for Years

BETHESDA -- Everybody wants a new car. You see a nice car pass you on the highway and think, 'Why can't I have that?' However, financial planners think keeping your current car may help you in the long run with your goal of financial freedom, according to the Engine Repower Council (ERC).

"We advise our clients that if they want a 10-percent increase on their investments every year they need to cut down on their expenses," said Terry Mulcahy, vice president of investments for R.W. Baird in Mequon, Wis. "A new automobile is for most people their second biggest investment next to a home, so a great way to save money and increase financial assets is to hang onto their current vehicle rather than buy a new one every few years."

Repowering an engine rather buying a new car can be an excellent way to cut costs and keep the vehicle.

"When a car or truck suffers major engine damage, often the first reaction of most consumers is to buy a new or used vehicle, but the cost to repower an engine is a drop in the bucket compared to monthly payments on a new car," according to ERC Chairman Tom Schrader. "The bottom line is that a repowered engine makes a vehicle more dependable, more fuel efficient, less polluting and more valuable."

With repowering, your engine or an identical one from another like- vehicle, is completely remanufactured/rebuilt. Also, unlike installing a used or junkyard engine, critically important internal parts get replaced with new ones that meet or exceed original equipment performance standards.

Frequently, remanufactured/rebuilt engines are even better than the new engines installed at the factory. This is because the original factory engine problems have been redesigned or repaired with better quality parts. They are dependable, reliable and backed by excellent warranty programs that also usually cover installation expenses.

The Engine Repower Council is a non-profit organization dedicated to educating consumers about the economic and environmental benefits of remanufactured/rebuilt engines. The Engine Repower Council supports the "Be Car Care Aware" consumer education campaign. For more information about the Engine Repower Council and where to find qualified rebuilt engines and installation providers, visit http://www.enginerepower.org/.

Source: Car Care Council; Engine Repower Council

Posted by Frank at 1:50 PM

$3.50 Gas Price Fall-Out Survey: Most Americans Think They Are Getting Gouged at the Pump

Will Cut Summer Travel, Spending Plans If Prices Keep Rising

Civil Society Institute/40MPG Survey Also to Show Most Americans Want Higher Federal Fuel Efficiency Standard Now

Most Americans think they are being gouged at the gas pump and say that will cut back on their summer travel plans and general spending if fuel prices continue to climb to $3.50 a gallon or even higher, according to a major new Opinion Research Corporation (ORC) survey conducted for the nonprofit Civil Society Institute (CSI) think tank and its 40MPG.org project.

The CSI/40MPG.org survey will show that most Americans expect gasoline to reach $3.50 a gallon this summer and that they want action from Washington now on significantly increased federal fuel-efficiency standards for cars and other vehicles. Another key finding: With gasoline prices rising steadily so far in 2007, an increasing number of Americans are inclined to buy hybrids or other highly fuel-efficient vehicles.

News event speakers will be:
-- Civil Society Institute President and 40MPG.org founder Pam Solo;
-- 40MPG.org spokesperson Ailis Aaron Wolf; and
-- Opinion Research Corporation Senior Research Associate Graham Hueber.

Source: Civil Society Institute and 40mpg.org, Newton, MA

Posted by Frank at 1:49 PM

Chrysler Introduces Aspen Hemi Hybrid

* Chrysler Aspen Hybrid joins Dodge Durango Hybrid in 2008

* Vehicles feature 5.7-liter HEMI® Hybrid with Multi-displacement System (MDS)

* HEMI Hybrid delivers more than 25-percent fuel economy improvement

Auburn Hills, Mich., Apr 30, 2007 - That new Chrysler Aspen Hybrid gotta HEMI®?

Yes, it does – as does the new Dodge Durango Hybrid. Both vehicles, powered by Chrysler Group’s all-new 5.7-liter HEMI Hybrid powertrain, debut next year as the first volume-production hybrid offerings from the Chrysler Group and the first vehicles to feature DaimlerChrysler’s advanced two-mode hybrid technology.

“The all-new Chrysler Group HEMI Hybrid will offer our customers the best of both worlds: renowned performance and significantly improved fuel economy,” said Frank Klegon, Executive Vice President – Product Development, Chrysler Group. “With the new HEMI-powered Chrysler Aspen Hybrid, we are delivering the ultimate combination of fuel efficiency, overall performance and capability in a premium full-size SUV.”

The new 5.7-liter HEMI Hybrid is expected to deliver an overall fuel economy improvement of more than 25 percent, including an improvement of nearly 40 percent in the city.

The HEMI powerplant, in hybrid form, will continue to feature Chrysler Group’s Multi-displacement System (MDS), which allows the engine to seamlessly alternate between four-cylinder mode when less power is needed and V-8 mode when more power is in demand. For the fifth year in a row — and every year since its 2003 re-introduction — Chrysler Group’s famous 5.7-liter HEMI engine has earned a place on Ward's 10 Best Engines list.

The new Chrysler Aspen Hybrid and Dodge Durango Hybrid vehicles represent a bold change in what is generally a “me too” category. Chrysler Group’s full-size hybrid vehicles will deliver seamless dependable power on demand in an efficient package. With an electrically variable transmission (featuring two electric motors), two full hybrid modes of operation, and four fixed mechanical gear ratios, the drive system improves fuel economy around town and at highway speeds.

Chrysler Aspen
Boasting elegant Chrysler styling, unsurpassed capability and performance and abundant premium amenities, the Chrysler Aspen is a premium SUV that is a value alternative to luxury-priced competitors. Offering more for less, Aspen features numerous premium features, elegant Chrysler design, 30 safety features and best-in-class horsepower, torque and interior room.

Two-mode Hybrid
Chrysler Group’s two-mode hybrid powertrain — jointly developed by DaimlerChrysler, General Motors and the BMW Group — represents a major automotive industry milestone due to the unprecedented fully integrated combination of electric motors with a fixed-gear transmission.

As a result of the low- and high-speed electric continuously variable transmission (ECVT) modes, the system is commonly referred to as the two-mode hybrid. However, the sophisticated fuel-saving system also incorporates four fixed gear ratios for high efficiency and power-handling capabilities in a broad variety of vehicle applications. The new Chrysler Aspen Hybrid and Dodge Durango Hybrid vehicles can be powered either by the electric motors or by the 5.7-liter HEMI V-8 engine – or a combination of the two. During the two ECVT modes and four fixed-gear operations, the hybrid system can use the electric motors for boosting and/or regenerative braking. When full power is needed, the system automatically adjusts for passing, driving steep grades or hauling a trailer. The result is trend-setting hybrid technology that provides superior fuel economy, performance and load-carrying capability.

Joint Development Center
Located in Troy, Mich., the DaimlerChrysler, GM and BMW Hybrid Development Center jointly developed the overall modular two-mode hybrid system and the individual components: electric motors, transmission, high-voltage battery, high-performance electronics, wiring, safety systems, energy management and hybrid system control units. In addition, the Hybrid Development Center is responsible for system integration and project management.

Chrysler Group Advanced Propulsion Technology
Hybrid technology is one part of Chrysler Group’s advanced propulsion technology umbrella, which also includes efficient gasoline engines, advanced clean-diesel technology, and ethanol flex-fuel and zero-emission fuel cell vehicles. DaimlerChrysler is the only automaker building plug-in hybrids and testing them with customers in the United States.

Posted by Frank at 9:36 AM

Style Watch: Survey Finds Ford Leading in Laws of Attraction

Consumer Perceptions of New Vehicle Brands With Best Exterior Styling Revealed

'Brand Watch' Finds Ford's Exteriors Lead Among New Truck and SUVs Shoppers

IRVINE, Calif. -- Kelley Blue Book has announced the results of the 'Exterior Styling' segment of its newest automotive research study, Brand Watch.

The results hold some surprises. Nissan was singled out for exceptional exterior styling of its sedans, besting all contenders including import-brand sales leaders Honda and Toyota, which finished second and third respectively. Even though Ford Motor Company is having well-publicized challenges, their trucks and SUVs are perceived as having the best exterior stylishness among active shoppers in those categories.

Domestic brands took the top spots for exterior styling in the truck segment with GMC second, Chevrolet in third, and Dodge fourth putting import truck brands Toyota in fifth place, Nissan in eighth place and Honda in eleventh place for exterior styling.

In four of the seven segments, import brands were perceived by consumers as having superior styling. BMW took the top slot among consumers regarding exterior styling for both luxury SUVs and luxury sedans.

In both luxury segments and the convertibles/sports cars category, active shoppers placed Mercedes-Benz in the top three, although the German luxury brand did not rank No. 1 in any of the categories. Porsche, Lexus and Infiniti also garnered top-three finishes in various categories.

"As vehicle reliability reaches near-parity in the market, we predict that exterior styling will play an even bigger role in building new-vehicle sales and brand equity," said Jack R. Nerad, executive editorial director and executive market analyst, Kelley Blue Book. "The results of the Brand Watch study demonstrate that the industry is, and should be, placing great emphasis on what their vehicles look like."

Kelley Blue Book Brand Watch Study: Exterior Styling

Convertibles/Sports Cars
1. Porsche
2. Mercedes-Benz
3. Jaguar

Trucks
1. Ford
2. GMC
3. Chevrolet

Minivans
1. Dodge
2. Toyota
3. Honda

Luxury SUVs
1. BMW
2. Lexus
3. Mercedes-Benz

Non-Luxury SUVs
1. Ford
2. Toyota
3. GMC

Luxury Sedan
1. BMW
2. Mercedes-Benz
3. Infiniti

Non-Luxury Sedan
1. Nissan
2. Honda
3. Toyota

"Exterior styling is one of the top decision factors among vehicle shoppers, and consumers' perceptions can add or eliminate a brand from someone's consideration list," said Rick Wainschel vice president, marketing and market research, Kelley Blue Book. "The real-time reporting of the Brand Watch data and the ability to see these brand perceptions can be extremely helpful in tracking shifts in new vehicle shopper attitudes and developing responses to those shifts."

Available to vehicle manufacturers and auto industry professionals, Brand Watch taps into active shoppers to determine their perceptions of automotive brands within specific automotive segments. Brand Watch further delves into how each manufacturer's brand equity differs across vehicle segments, compares the relative standing of each make vs. competitive makes, and reveals the decision factors of car-buyers within each make and segment. Detailed demographic and psychographic information is also collected, reported and detailed throughout Brand Watch's comprehensive study which is available quarterly from Kelley Blue Book Marketing Research.

Source: Kelley Blue Book

Posted by Frank at 9:20 AM

Ferrari Celebrates 60th Anniversary with the New Colnago

Bike to be Unveiled at CHINA CYCLE 2007

SHANGHAI, China -- The new "Colnago for Ferrari'' was created in commemoration of the 60th anniversary of the prestigious Italian car manufacturer Ferrari. This new model will be introduced worldwide for the first time at the CHINA CYCLE show held in Shanghai from May 4-7.

The bike will be displayed in Hall W1, 0915, Leeduo's booth.

This exclusive bicycle is based on the Colnago Extreme Power frame, completely made in carbon fibre and assembled through lugs, which allows for a truly custom-made bicycle.

The 60th anniversary "Colnago for Ferrari" has the classical red livery, symbol of the ''cavallino rampante'' house, and on the front a stylized Italian tricolour flag, symbol of these two leaders of the ''Made in Italy'' design.

The fork is the Carbon Star completely made in carbon fibre, synonymous of reliability and safety. The ''Colnago for Ferrari'' will be the 60th anniversary pearl, and will be produced as a limited series.

Source: Shanghai International Exhibition Co., Ltd.

Posted by Frank at 9:15 AM

Change-over in the board of management of Porsche as planed

P06_1127_a4.jpgStuttgart -- On May 01, 2007, Thomas Edig (45) will assume the position of Member of Porsche’s Management Board responsible for Human Resources and the function of Personnel Director at Dr. Ing. h.c. F. Porsche AG, Stuttgart.

The Supervisory Board had appointed the Stuttgart native to the Management Board on July 26, 2006. He is succeeding Harro Harmel, who, having reached the age of 65, is retiring at the end of May after 25 successful years with the sports car manufacturer, but will continue to serve the Company as a consultant.

Thomas Edig studied business at the Karlsruhe University of Cooperative Education and is a graduate of the Advanced Management Program at the French business school INSEAD Fontainebleau. His professional career began in 1986 at Alcatel.

After holding several international executive functions, he was appointed as a member of the Management Board and made Personnel Director of Alcatel SEL AG in Stuttgart in 1998. In early 2002, he was then promoted to Head of Personnel on the Group Management Board of Alcatel S.A. in Paris.

He moved to Deutsche Telekom AG in Bonn on April 1, 2006, where he was responsible for Human Resources and Organization as member of the T-Com Board of Management. On December 1, 2006, he began working in the Human Resources division of Porsche AG and has since managed several special projects.

Posted by Frank at 9:08 AM

Porsche Carrera Cup Deutschland, round 2

Motorsport Arena Oschersleben, Preview -- Richard Westbrook leads the points – new quali format promises suspense

Stuttgart -- For the first time in the 18-year history of the Porsche Carrera Cup Deutschland, a Briton leads the field. Richard Westbrook from London beat the entire German Cup-elite at the season-opener two weeks ago on the Hockenheimring and travels to the Motorsport Arena Oschersleben as front-runner.

The 32-year-old professional racer is regarded as one of the best Porsche race drivers. He contests the Carrera Cup Deutschland series as the reigning champion of the international Porsche Mobil1 Supercup. In 2004 Westbrook won the national Carrera Cup of Great Britain.

Narrowly defeated in Hockenheim, Joerg Hardt and Chris Mamerow (both Germany) climbed the podium in second and third respectively, with compatriot and reigning vice-champion of the series Uwe Alzen finishing fourth.

The ex-Formula 3 pilot and former Porsche Club races Michel Frey from Switzerland finished his first race in the points as best new-comer. The 33-year-old salesman saw the chequered flag in seventh position.

Two other new arrivals, Olivier Pla (France) and Pascal Kochem (Germany), took off into their first full Carrera Cup season with a top-ten result at Hockenheim, claiming ninth and tenth. René Rast (Germany) put in an impressive qualifying performance, posting fifth with his 400 hp 911 GT3 Cup, but had to settle for 14th in the race after a spin.

With eighth, Jan Seyffarth made a promising start to the season. For the race driver who lives about 100 kilometres south of Oschersleben, his “home race” is particularly important. Ex-DTM driver Thomas Jäger, Florian Scholze and Hannes Plesse (all Germany), who also come from this region, are keen to give home crowds an exciting show.

In 2006, Uwe Alzen planted his 911 GT3 on pole (1:28.320 min.) and won the race ahead of Richard Lietz (Austria) followed by the eventual 2006 champion Dirk Werner (Germany). With a new format this year's qualifying session promises extra suspense: Due to the 40-strong starter field, the qualifying will be in two sessions. In the first 15 minutes all competitors go for grid positions. The result determines positions 16 to 40. After a five-minute break the fastest 15 then go out for a ten-minute “shoot-out” for the top starting positions. On Sunday the 22-lap race takes off with a Grand Prix start from a standstill.

Posted by Frank at 9:06 AM

Porsche submits mandatory offer for Volkswagen shares

Stuttgart -- Dr. Ing. h.c. F. Porsche AG, Stuttgart, Germany, submitted its mandatory offer to acquire shares of Volkswagen AG, Wolfsburg, Germany, on this Monday after the offer documentation was officially approved by the Federal Agency for Financial Services Supervision (BaFin) for publication.

The acceptance period is limited to approximately four weeks and ends on May 29, 2007. The price offered to the Volkswagen shareholders amounts to €100.92 per common share and €65.54 per preferred share, which represents the minimum price required by law.

Porsche does not consider a premium on the minimum price to be appropriate, as the price of Volkswagen shares has risen significantly since the Stuttgart-based sports car manufacturer took an interest in the company.

Posted by Frank at 9:05 AM

April 29, 2007

GM Finds Profit Religion as Toyota Overtakes It

DETROIT -- Back in 2002 GM executives sported lapel pins embossed with the number 29, representing the company's market-share goal after it had reached a dominant 28.6%. The world's biggest marketer was all about share.

This week, after Toyota Motor Corp. ended General Motors Corp.'s 76-year reign as the planet's largest car seller, the Detroit giant is officially singing a different tune. It's not a share game now, according to the automaker.

"We're focused on providing the best cars and trucks for our customers all around the world," John M. McDonald, a GM spokesman was widely quoted as saying following the news. "We're not focused on a race."

While the notion of chasing profit rather than share has been gaining steam in other sectors, it's a realization that's come to share-obsessed Detroit mainly in the past year. It's driven by the fact that GM, Ford Motor Co. and Chrysler Group "have no other choice" than to focus on profitability to survive, said Edmunds.com senior analyst Jesse Toprak.

Of course, it's still an ego-bruising event in Detroit, but consumers don't care that GM has fallen to No. 2, said Art Spinella, president of consultant CNW Market Research. They are looking for good products and good value, and GM needs to focus on profit.

Posted by Frank at 8:52 PM

Carbon-Neutral: Another Fear-Driven, Pseudo Scientific Liberal Scam?

Carbon-Neutral Is Hip, but Is It Green?

THE rush to go on a carbon diet, even if by proxy, is in overdrive.

In addition to the celebrities — Leo, Brad, George
— politicians like John Edwards and Hillary Clinton are now running, at least part of the time, carbon-neutral campaigns.

A lengthening list of big businesses — international banks, London’s taxi fleet, luxury airlines — also claim “carbon neutrality.” Silverjet, a plush new trans-Atlantic carrier, bills itself as the first fully carbon-neutral airline. It puts about $28 of each round-trip ticket into a fund for global projects that, in theory, squelch as much carbon dioxide as the airline generates — about 1.2 tons per passenger, the airline says.

Also, a largely unregulated carbon-cutting business has sprung up. In this market, consultants or companies estimate a person’s or company’s output of greenhouse gases. Then, these businesses sell “offsets,” which pay for projects elsewhere that void or sop up an equal amount of emissions — say, by planting trees or, as one new company proposes, fertilizing the ocean so algae can pull the gas out of the air. Recent counts by Business Week magazine and several environmental watchdog groups tally the trade in offsets at more than $100 million a year and growing blazingly fast.

But is the carbon-neutral movement just a gimmick?

Posted by Frank at 8:42 PM

Toyota: An automaker wired to win

There are milestones — and then there are ground-shifting, era-smashing milestones. And word Tuesday that Toyota dislodged General Motors as the world's biggest seller of cars and trucks for the first time ever (at least on a quarterly basis) is no ordinary bit of business news.

It has been expected, on an annual basis at least. GM is clearly in retrenchment mode and confronts a massive retiree pension and health-care tab the likes of which doesn't burden Toyota. GM Chief Executive Rick Wagoner has vowed repeatedly that his company has no intention of ceding industry leadership to Toyota, and perhaps his team at the Renaissance Center in Detroit can somehow rekindle the company's competitive zest and stage a miraculous comeback.

It could happen. However, the odds aren't great. Toyota's current sales momentum is being powered in the U.S. by demand for its Corolla and Camry sedans and its hybrid-powered Prius and the Lexus luxury lineup. It blew by the Chrysler Group as the U.S.'s No. 3 seller of autos in 2006, and continues to gain market share.

Posted by Frank at 8:40 PM

Gore: Canada Climate Plan a 'Fraud,' Perpetrated by 'Hosers'

TORONTO -- Al Gore condemned Canada's new plan to reduce greenhouse gases, saying it was "a complete and total fraud" because it lacks specifics and gives industry a way to actually increase emissions.

Under the initiative announced Thursday, Canada aims to reduce the current level of greenhouse gas emissions 20 percent by 2020. But the government acknowledged it would not meet its obligations under the Kyoto Protocol, which requires 35 industrialized countries to cut greenhouse-gas emissions by 5 percent below 1990 levels by 2012.

The country's emissions are now 30 percent above 1990 levels.

The conservative government's strategy focuses both on reducing emissions of gases blamed for global warming and improving air quality. But the plan failed to spell out what many of its regulations will look like.

Gore said the plan did not make clear how Canada would reach its 2020 emissions goal. He also criticized the plan for allowing industries to pollute more if they use emissions-cutting technologies while increasing production.

"In my opinion, it is a complete and total fraud," Gore said Saturday. "It is designed to mislead the Canadian people."

Posted by Frank at 8:36 PM

Black, Latino drivers fare worse in traffic stops

WASHINGTON - Black, Hispanic and white drivers are equally likely to be pulled over by police, but blacks and Hispanics are much more likely to be searched and arrested, a federal study found.

Police were much more likely to threaten or use force against blacks and Hispanics than against whites in any encounter, whether at a traffic stop or elsewhere, according to the Justice Department.

The study, released Sunday by the department’s Bureau of Justice Statistics, covered police contacts with the public during 2005 and was based on interviews by the Census Bureau with nearly 64,000 people age 16 or over.

Posted by Frank at 7:57 PM

Milka Duno Passes IndyCar Rookie Test

CIMIDU.jpgDuno Aces Speed Requirements, Will Participate at Kansas Race

KANSAS CITY, Kan. -- Milka Duno has passed the official "Rookie Test" for the 2007 IndyCar Series and will participate in this weekend's activities for the Kansas Lottery Indy 300 at Kansas Speedway. The race, this Sunday, April 29, will be televised live on ESPN2 beginning at 4:30pm ET. This will be Milka's first IndyCar Series race on a planned first-year ten-race schedule that includes the 91st running of the Indy 500 on May 27.

While Milka is an experienced and race-winning sports car racer -- just like any racer entering the IndyCar Series for the first time -- she will be considered a "rookie" during her first season and must pass their "Rookie Test" in order to compete.

With multiple scheduled test sessions over the last few weeks cancelled due to weather issues there was concern that Milka may not be able to complete the time behind the wheel of her #23 CITGO Racing Dallara Honda desired to prepare for the required test at the Kansas circuit.

But finally, and for the first time in several weeks, Mother Nature did ultimately cooperate and Milka was able to successfully complete the necessary requirements and gain additional seat time yesterday afternoon. Milka and her team were officially notified at the end of the session that she had met the requirements and could move forward.

"I'm happy. I guess now I am Indy," Duno said with a big smile. "We didn't have all the track time that we were supposed to leading up to this because of the weather conditions. My team did a great job getting the car prepared. I'm learning so much from all the guys that have experience in Indy car racing, especially my engineer, Steve Challis, and my driver coach, Pancho Carter. I was trying to do the best I could and follow the grooves. But this is just the first step. Like everyone else, you start with your first race. Every driver has to get experience, and it starts with the first race. The first practice, the first qualifying, the first race."

"This new accomplishment further demonstrates Milka's great skills and racing potential. We at CITGO are very proud of having Milka as the ambassador of our Energia Latina campaign. She is a very strong role model for Venezuelan women and Latinas everywhere. Milka: CITGO is with you at every turn," said Rafael Gomez, CITGO's VP of Strategic Shareholder Relations and Government & Public Affairs.

"We're very happy," said Peter Baron, team principal of SAMAX Motorsport. "With all the drama of the rain and cold, it's definitely exciting to be ready and moving forward to Sunday. I feel like we've just passed our college exams. It's nice to get that done and over with. It's exciting but now we are on to the next chapter."

Source: CITGO Racing

Posted by Frank at 7:44 PM

Auto Shanghai 2007 Ends With Great Success

SHANGHAI, China, -- Themed on 'Technology and Nature in Harmony', World Expo Group Shanghai International Exhibition Co., Ltd. announced that Auto Shanghai 2007 ended with great success on April 28.

Auto Shanghai 2007 attracted over 1300 exhibitors from 21 countries and regions with a total exhibition scale of 140000 s.m, which exceeds previous chapters. Organizers have dedicated themselves to positioning Auto Shanghai as an A-Class auto show by showcasing professionalism, internationalization and branding.

Well-known Brands' automobile groups treats Auto Shanghai as one of the important international A-Class auto shows, no matter the investment, quantity, or quality of exhibited vehicles (first appearance cars and concept cars).

General Motors Corp. chairman G. Richard Wagoner Jr., BMW chairman Dr. Norbert Reithofer, Dr. h.c. Winfried Vahland Executive Vice President of Volkswagen Group, Yoshi Inaba Vice Chairman of Toyota Motor Group and well-known vehicles designers showed up on the press day.

Based on the theme of Auto Shanghai 2007, 'Technology and Nature in Harmony', exhibitors showcased and released their energy saving, solar energy, non-air polluting cars, which makes Auto Shanghai 2007, a high-tech event which has the ability to profoundly transform the concept of car.

The total number of exhibited cars was 868, overseas cars were 265, among which 130 were imported directly from overseas, domestic car were 603. Totally, 5 global first appearance cars, over 20 concept cars, 10 new energy cars, which rank the top among all editions, were on display, offering visitors a range of choices.

During the whole exhibition period (April 20 to 28), over 500,000 visitors from 108 countries and regions came to visit Auto Shanghai 2007, which ranks the highest in Auto Shanghai. April 22 is the first day open to trade visitors. 103,567 visitors from 92 countries and regions showed up, which tops (in visitors per day) the previous record in the history of Auto Shanghai.

Organizers have launched a series of high-tech and human-oriented services solutions in line with the international service standard. Organizers were well prepared with comprehensive plans in advance and launched onsite emergency resolutions, which ensured the onsite feedback in a timely manner. Each news media outlet has shown great interest in this auto exhibition.

The international mainstream media, like AP, Reuters, AFP, BBC, NHK, CNN, Forbes, Bloomberg LP, Dow Jones, Japanese Economic News, JNA Jijiga News Agency, et al., all covered Auto Shanghai 2007. CCTV, SMG Beijing Jiaotong Channel, and such portals and noted websites as Sina, Sohu, Netease, all reported on Auto Shanghai 2007 in a comprehensive way. During the exhibition, media centers greeted 6286 journalists from home and abroad in 43 different countries and regions.

In the meantime, domestically-owned auto brands were hardly neglected, showing themselves to be an important power in Auto Shanghai 2007 creating great involvement. Their exhibition space was relatively close to overseas brands as well as all released new cars and concept cars.

Source: World Expo Group Shanghai International Exhibition Co., Ltd.

Posted by Frank at 7:40 PM

Shelby and Ford Racing To Build 600+ HP Street Legal Shelby GT500 "Super Snakes"

Shelby Automobiles will use newly developed Ford Racing GT500 performance packs to help transform a limited number of 2007 and 2008 Ford Shelby GT500's into fire breathing "Super Snake" coupes.

Las Vegas -- Shelby Automobiles will use newly-developed Ford Racing GT500 performance packs to help transform a limited number of 2007 and 2008 Ford Shelby GT500's into fire breathing "Super Snake" coupes.

The Super Snake post-title package will include enhancements to the Ford Shelby GT500's handling, styling and power; tuning options will range from a warranted 600 HP V8 to over 725 HP (unwarranted). Only a limited number of Super Snakes will be built per model year at the Shelby Automobiles facility in Las Vegas beginning in late 2007.

"My team at Shelby Automobiles is always working on new ways to build better performing cars" said Carroll Shelby. "I told them that I wanted to build a vehicle that could blow the doors off of most anything on the planet. By partnering with Ford Racing, we're giving enthusiasts a Mustang with that level of performance."

Working together at the Las Vegas Motor Speedway and in Dearborn, Ford Racing and Team Shelby developed the aggressive suspension and engine package specifically for the car.

"Mustang enthusiasts are demanding more from both Ford Racing and Shelby Autos" said Jamie Allison, Manager of Ford Racing Performance Group. "The GT500 Super Snake package, with its higher horsepower levels and balanced track-inspired tuning, satisfies those demands and then some … in a uniquely Ford - Shelby way."

In 1967, Shelby American built one 427-powered GT500 "Super Snake" for Mel Burns Ford. Carroll Shelby drove it at the Goodyear test track for tire promotion film production. That car reached lap speeds of over 150 mph and a top speed of 170 mph. The new Ford Shelby GT500 Super Snake will be equally potent.

"The name 'Super Snake' is legendary because the one that Shelby built was the pinnacle of muscle cars in 1967," added Amy Boylan, president of Shelby Automobiles. "We're bringing that concept forward 40 years for customers who own a Ford Shelby GT500. We'll give their car amazing new capabilities."

Ford Racing and Team Shelby developed the GT500 Super Snake package which will include:

* Ford Racing Supercharger upgrade kit (SuperPack 600) producing over 600 horsepower and 590 ft.-lbs. of torque
* 6-speed manual transmission with 3.73:1 rear axle ratio
* Ford Racing performance exhaust system
* Ford Racing Handling Pack offering unique performance suspension tuning including Dynamic adjustable dampers, lowering springs, tuned stabilizer bars, and front strut tower brace
* Shelby-designed Alcoa 20-inch wheels
* Ford Racing short-throw shifter
* Baer 6 piston brakes with Shelby cast calipers and larger rotors
* Front brake cooling ducts
* Unique carbon composite hood featuring classic Shelby design
* 'Shelby' lettering across the front edge of hood and rear decklid
* 'Super Snake' vehicle badging
* Carroll Shelby signature embroidered headrests, floor mats and other Shelby designed components
* Official Shelby CSM dash plate


In addition, while the full Super Snake package will be available exclusively through Shelby Automobiles, many of the products comprising the Super Snake package will be available from Shelby Automobiles and Ford Racing starting in June.

About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles in 200 markets across six continents. With more than 280,000 employees and more than 100 plants worldwide, the company's core and affiliated automotive brands include Ford, Jaguar, Land Rover, Lincoln, Mercury, Volvo, Aston Martin and Mazda. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford's products, please visit www.fordvehicles.com. For more information regarding Ford Racing performance packs, visit www.fordracingparts.com.

Posted by Frank at 7:38 PM

GM Schedules Annual Stockholders' Meeting for June 5

Distributes Proxy Statement and Annual Report

DETROIT – General Motors Corp. today filed its annual proxy statement with the U.S. Securities and Exchange Commission.

The proxy statement includes information about GM’s annual meeting of stockholders, to be held June 5 in Wilmington, Del., the election of directors to GM’s Board of Directors, the ratification of the selection of independent public accountants for the next year, two management proposals concerning incentive compensation and 10 stockholder proposals.

Thirteen candidates will stand for election to the board of directors at GM’s annual meeting, including two new board-nominated candidates: Erroll B. Davis, Jr., chancellor of the University System of Georgia, and Kathryn V. Marinello, president and chief executive officer of Ceridian Corporation.

Davis is a former chairman and chief executive officer of Alliant Energy Corp. and has held corporate finance positions at Xerox Corporation and Ford Motor Company. He serves on the boards of BP plc, PPG Industries, Inc. and Union Pacific Corporation.

Before her appointment at Ceridian, Marinello was president and chief executive officer of GE Fleet Services. She also serves on the board of directors of the Greater Twin Cities United Way and the Minnesota Business Partnership.

The proxy materials and 2006 annual report will be mailed to stockholders and are available online at http://investor.gm.com/.

General Motors Corp. (NYSE: GM), the world’s largest automaker, has been the annual global industry sales leader for 76 years. Founded in 1908, GM today employs about 280,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 33 countries. In 2006, nearly 9.1 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Hummer, Opel, Pontiac, Saab, Saturn and Vauxhall. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found at www.gm.com.

Posted by Frank at 7:37 PM

Harley-Davidson, Inc. Announces Results of Annual Shareholder Meeting

Board of Directors Increases Dividend

MILWAUKEE, Wis. -- Harley-Davidson, Inc. (NYSE:HOG) announced today that its Board of Directors increased the dividend at the Annual Shareholder Meeting in Milwaukee on April 28, 2007. All items of business presented to shareholders were approved at the meeting.

The Board of Directors of Harley-Davidson, Inc. approved a cash dividend of $0.25 per share for the second quarter of 2007. The dividend is payable June 19, 2007, to shareholders of record as of June 11, 2007. This represents an increase of slightly more than 19% over the previous dividend paid on March 20, 2007.

During the meeting, the shareholders approved the re-election of Barry K. Allen, Richard I. Beattie, and Judson C. Green as Class I Directors. Also, Ernst & Young LLP was ratified as the Company's independent registered public accounting firm for calendar year 2007.

Source: Harley-Davidson, Inc.

Posted by Frank at 7:35 PM

California to continue carmaker lawsuit

SAN FRANCISCO - California will not drop a lawsuit against automobile manufacturers over greenhouse gas emissions, state Attorney General Jerry Brown said on Saturday, saying the carmakers must change their ways.

"I want to sue the automakers and get them to change their ways. In fact we are," Brown, a former state governor and presidential candidate, told delegates at the annual state Democratic party conference.

"We are engaged in a major struggle to make that industry responsible to live within appropriate environmental restraints. And yes, I want to meet with them because they have to get off the dime."

Brown's predecessor last year initiated a lawsuit alleging greenhouse gases from the carmakers' vehicles were causing climate changes costing hundreds of millions of dollars in damages to California.

Posted by Frank at 7:32 PM

GM CEO takes 25% pay cut to support turnaround

DETROIT -- General Motors Corp. Chief Executive Rick Wagoner has cut his base salary by a quarter to $1.65 million in a gesture of support for the automaker's turnaround efforts, the company said on Friday.

In a filing with the Securities and Exchange Commission, GM said Wagoner agreed to cut his base salary as of March 1, 2007 from $2.2 million in January 2006.

Wagoner's total compensation for 2006 was $10.2 million, including $3 million in option awards and $3.6 million in stock awards, the filing said.

Separately, Wagoner said generating positive cash flow was a "top priority" for the world's largest automaker, which has lost more than $12 billion in the last two years and is in the middle of a restructuring that includes slashing more than 34,000 jobs and closing 12 plants. GM's automotive operations alone burned $3.8 billion in 2006.

Posted by Frank at 7:31 PM

Chrysler plans cut in fleet sales

DETROIT - Chrysler Group plans what it described as an "aggressive" reduction in sales to rental agencies and other fleet operators to shore up the residual value of its cars and trucks over three years, executives said on Friday.

Steven Landry, who was named on Friday to take over Chrysler's sales efforts in North America, said the automaker plans to reduce fleet sales to 21 percent of its total sales volume by end 2009.

The plan also forecasts a reduction in sales to car rental agencies to 15 percent of Chrysler's volume over the same time period, he said.

Chrysler representatives, who were speaking to reporters on a conference call to announce the appointment of new sales executives, declined to say how much of the automaker's sales volume goes to fleet buyers.

"Let's just say it's an aggressive move" -- a cut of 70,000 units in fleet sales this year and more in 2008 and 2009, said Chrysler Chief Executive Tom LaSorda.

Posted by Frank at 7:31 PM

Sources: GM offers cut rates to lower-credit buyers

General Motors Corp. is offering lower-interest financing to customers with weaker credit ratings through this weekend in an effort to boost sales for April, sources familiar with the sales plan said on Friday.

GM will offer reduced interest rates to customers whose credit is assessed at two of its lower rating levels on all brands except Saab, the sources said.

The program, aimed at offering lower monthly payments to a wider pool of potential customers, is intended to boost GM's U.S. showroom sales at the end of a month that industry executives have described as weak.

Posted by Frank at 7:30 PM

US car market in recession, says Nissan CEO

TOKYO -- Nissan Motor Co Chief Executive Carlos Ghosn said on Thursday demand for new cars in the United States was weakening this year as he had feared, citing that as a risk in achieving the company’s sales targets.

“2007 is not going to be an easy year, particularly in the US market which is already heading toward a kind of recession in the auto industry,” Ghosn, who also heads Nissan partner Renault SA, told Reuters. “I was the first one to say in January that I see a market of 16 million cars for the year, and I was probably the only one. Now it looks like it’s a kind of consensus,” he said in an interview.

Nissan, Japan’s third-biggest automaker, earlier postponed its plan to achieve its three commitments laid out under the “Nissan Value-Up” business plan, mainly to account for weaker-than-expected vehicle sales in the United States and Japan.

The plan had called for an operating profit margin at the “top end” of the industry and a 20 percent return on invested capital in 2007/08. A vehicle sales target of 4.2 million units was slated for completion a year later.

Posted by Frank at 10:39 AM

April 28, 2007

Ford joins TOMS Shoes Crusade to improve kid's lives

DEARBORN – Ford Motor Company is making tracks to more than 25 cities with TOMS Shoes and Airstream International Travel Trailers as part of a spring tour aimed at helping disadvantaged children step into better, healthier lives.

TOMS is donating a pair of shoes to a needy child for each pair it sells. TOMS’s shoe samples as well as information about the program and the company will be packed into an Airstream trailer – and towed cross-country by an all-new 2007 Ford Expedition.

“American icons Ford and Airstream are recognized for helping people explore and discover new territories, and this groundbreaking connection with TOMS Shoes seemed only natural,” said Michael Laquere, Ford SUV communications manager. “The Ford Expedition is comfortable, flexible and capable, making it the perfect fit for long-haul journeys that involve both moving people and a lot of gear.”

TOMS was founded in 2006 by Blake Mycoskie out of a commitment to produce stylish, comfortable and practical footwear while improving the lives of children.

In 2006, while vacationing in Argentina, Mycoskie volunteered in poverty-stricken areas and was disheartened to see the severity of the poor living conditions. Each day men, women and children have to walk miles for fresh water with no shoes, leaving their feet injured and infected. Also, children without shoes are denied schooling.

“I was inspired by a traditional Argentine shoe and challenged by a continent’s poverty and heath issues, so I created TOMS with a singular mission: To make life more comfortable,” says Mycoskie. “I wanted to personally share my ‘fashion with a conscious’ concept with our retail partners and consumers, so we’re taking our TOMS and our ‘Shoes for Tomorrow’ program on the road, with help from Ford and Airstream.”

Earlier this year, Ford and Airstream also teamed up to reveal the Ford Airstream Concept, a futuristic crossover vehicle powered by powered by a new plug-in hydrogen hybrid fuel cell – called HySeries Drive – that operates under electric power at all times and delivers the combined city/highway equivalent fuel economy of 41 miles per gallon. Media hailed the Ford Airstream Concept as a bold, thought-leading crossover for the 21st century following its reveal at the 2007 North American International Auto Show.

Also internationally recognized and appearing on the feet of Hollywood’s elite, TOMS has already given away more than 10,000 pairs to underprivileged children in Argentina and hopes to do more after the spring tour.

TOMS is instant hit not only for its philanthropic mission but for its style. The fashionable canvas shoe comes in a variety of colors and patterns, inspired by the traditional rope-soled, Argentine shoe.

“This really is a dream come true for me. To travel cross-country spreading the message of TOMS, and to do it with such style, is wonderful. At such an early stage in our company, we feel incredibly blessed to have such blue chip partners like Ford and Airstream, and to know 10,000 more children will have shoes once we finish makes each mile traveled that much more rewarding,” says Mycoskie.

Ford Motor Company

Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures and distributes automobiles in 200 markets across six continents. With about 300,000 employees and more than 100 plants worldwide, the company’s core and affiliated automotive brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include Ford Motor Credit Company. For more information regarding Ford’s products, please visit www.fordvehicles.com.

TOMS Shoes

Inspired by an Argentine shoe with a hundred year history and the continent's poverty and health issues, TOMS was created with a singular mission: To make life more comfortable. TOMS accomplishes this through it's ultra lightweight design and the company's commitment to match every pair purchased with a donated pair to a child in need...there are no complicated formulas, it's simple - you buy a pair of TOMS and the company gives a pair to a child on your behalf. The vibrant colors and patterns in the debut collection depict Blake Mycoskie's life changing experiences in his travels to South America where he embraced the lifestyle wholeheartedly and therefore gave back by creating TOMS - shoes for Tomorrow. www.tomsSHOES.com

Airstream

The First Airstreams, known for their high-quality riveted aluminium shells and state-of-the-art interiors, were built in 1931 by Wally Byam. Airstream, a subsidiary of THOR Industries Inc. since 1980, is world-renowned for quality, innovation and design. An Airstream is more than just a trendy product; it’s a way of life embraced by thousands around the world for more than seven decades. Now celebrating its 75th anniversary, the company continues the legacy today with its world-class travel trailers, motorhomes, and services. For additional information about Airstream, please visit www.Airstream.com.

Posted by Frank at 2:14 PM

Scion Bests E-Tailers With Recognition Among Young Consumers

SCION, TOYOTA MOTOR SALES U.S.A.'S brand founded in 2003 to appeal to Generation Y consumers, has 80% name recognition among young buyers, according to Cisco's Internet Business Solutions Group (IBSG)'s second annual e-commerce survey, putting it ahead of other, well-established branded online retailers Sears, Target, Macys, Best Buy and Amazon.com.

Cisco's second annual e-commerce study ranks Scion above Amazon.com and Best Buy in building a top-branded customer experience for the under-35 online shopper.

Leading the survey at No. 1, despite not having even ranked last year, Scion's "spectacular success with their target market is the interactive and community-oriented nature of the Scion online experience," the survey finds. Key aspects of Scion's online strategy include:

* Clear customer focus: Scion customers are music fans, and Scion.com features a boom box where users can listen to "Scion" music while browsing the site. The site also promotes artists and lists concert information.
* Sophisticated customization tools: Users can build their own cars while on the site and save their choices at "My Scion."

Posted by Frank at 2:09 PM

Probing the Psychographic

J.D. POWER & ASSOCIATES IS adding chocolate to peanut butter in hopes of creating a perfect media research flavor. The company, which among other things studies the media behavior of a large pool of new-vehicle buyers, has inked a deal with consultancy Mediamark Research Inc. (MRI), which focuses on psychographic data. The J.D. Power and Associates-MRI products are designed to add psychographic data to data on new-vehicle buyers.

J.D. Power creates a profile of the media habits of vehicle buyers. The pool is so large that the consultancy can intuit the kinds of media a buyer of a certain vehicle type will consume. MRI's psychographic component of the study is gleaned from surveys on lifestyle and attitude. J.D. Power's "Car and Truck Report" provides magazine and cable network consumption patterns for recent new-vehicles buyers. The MRI Psychographic Supplement to the J.D. Power report will be available in May.

Gene Cameron, VP of media marketing for J.D. Power, says before now psychographics weren't part of magazine or TV audience studies of specific vehicles or vehicle segments. "We have been doing media studies for 17 years. It involves interviewing new-vehicle buyers and asking them what magazines they read and which cable networks they watch," he says.

Posted by Frank at 2:05 PM

Chevy Re-Ups With Tournament Fishing Organization

FLW OUTDOORS AND CHEVROLET ANNOUNCED yesterday a multi-year extension of their sponsorship agreement that upholds American-built Chevy as the official tow vehicle of the world's premier tournament-fishing organization. Chevy will retain its platinum sponsor status, participating in all 12 tournament trails.

The new agreement makes the newly released 2007 Chevy Silverado the official tow vehicle for sponsor boats at all Wal-Mart FLW Tour events as well as a variety of other tournaments. Chevy will be the title sponsor of the sixth qualifying event on the FLW Tour.

This year, the Chevy Open will be held on the Detroit River in Detroit July 12-15. Chevy will also hold title sponsorship of the BFL Wild Card and will be the presenting sponsor of the Wal-Mart BFL All-American. FLW Outdoors and Chevy will present "Chevy Pro Night" at local Chevy dealerships across the country where FLW Tour and Wal-Mart FLW Series BP Eastern Division events are held.

Posted by Frank at 2:02 PM

Chinese automakers are looking west

The Shanghai auto show kicked off this week with up-and-coming automakers showing off sedans, trucks and SUVs in the world’s fastest-growing automobile market. But as the global automotive industry looks east, China’s carmakers have their eyes fixed firmly west — on the U.S. market.

With names like Chery, Geely and Shanghai Automotive Industry Corp., China’s small but ambitious automobile companies are not well known here in the United States but could one day become household names, just like Toyota, Honda and Nissan.

“[Chinese automakers] are all still establishing themselves in terms of products, quality and manufacturing — the very things that go into running a successful automotive company,” said Tim Dunne, director for Asia Pacific Market Intelligence at market research company J.D. Power and Associates. “But they all have exporting visions, and everyone wants to know when they’re coming to the United States.”

Posted by Frank at 1:59 PM

GM will ‘fight hard for every sale’

WASHINGTON - General Motors Corp. Chairman and Chief Executive Rick Wagoner vowed to “fight hard for every sale” after Toyota Motor Corp. said it sold more cars in a quarter than GM did for the first time ever.

Wagoner made the comment in an e-mail message to company officials only hours after the disclosure on Tuesday of Toyota’s first-quarter sales results.

He said he “didn’t welcome this morning’s news, and I know you didn’t either,” but said GM’s business strategies around the globe were working and would help the auto manufacturer succeed.

Posted by Frank at 1:57 PM

Ford exec says April sales ‘terrible’ all around

DETROIT - U.S. auto sales have dropped far below expectations for April, a Ford Motor Co. executive said on Friday, characterizing industry-wide results as “terrible” as rival General Motors Corp. rolled out an incentive program to boost crucial month-end deals.

“This month is terrible,” Ford chief sales analyst George Pipas said in describing the unexpectedly weak industry-wide performance. “We are not even close to where we expected to be in April.”

Pipas said industry sales volume appeared to be down 10 percent to date before seasonal adjustment but said he expected Ford’s U.S. retail share to hold steady at around 13 percent.

Posted by Frank at 1:56 PM

A Taxi Company With No Cabs

1-800-Cab-Ride.com

Hailing a cab works great in certain neighborhoods, but if you're off the beaten path there's not a lot of chances that a cabbie is going to randomly swing by for a pickup.

One man is betting that the Digg generation would be more inclined to use taxis if there was a convenient web interface. Jason Diaz’s 1-800-cab-ride.com (800-222-7433) plans to be the one-stop online shop for scheduling taxi cabs.

Essentially, 800cabride.com is a car service that doesn't own a single automobile - it uses a network of independent cab shops around the country to arrange rides from one central dispatch office.

It's a pretty simple setup. Just go to the website, choose pickup and drop off locations, and the service will have a ride dispatched.

Cab rides are billed at a flat rate that includes all applicable fees and tip, and payment is made on the website via credit card or corporate account. Airline pickups are "will call" when debarking so there's no chance of a delayed flight causing a missed ride.

If you don't call the 800 number to confirm arrival there's no charge to the credit card. It's nice that they've kept it flexible because traveling can sometimes turn into a nebulous form of performance art.

Posted by Frank at 1:54 PM

LeaseTrader - From Pain to Profit

When Sergio Stiberman wanted to get out of his car lease in 1998, he did what most people would do--he went to his dealership. But he wasn't entirely satisfied with what he found out. "It was going to cost me the same amount as all my remaining payments" to get out of the lease early, Stiberman says.

What Stiberman wanted was a way to end his car lease early without excessive fees and payments. As the former owner of a consumer electronics business, he was also looking for a new venture, and with his car problems came a business solution: Create an exchange program for consumers to trade car leases. "I realized there was a need from a consumer standpoint, and there was no one in the market doing it," he says.

Stiberman decided to launch a website that would allow lease buyers and sellers to connect quickly and easily. "You don't have to deal with a dealership, going from one loop to the other," he says of his company's services. "You pretty much dictate the terms you want on a contract."

He hired professional site developers to give LeaseTrader.com a unique look. Startup costs to launch the website were relatively high, so Stiberman used his own funds along with money he received from outside investors.

The site has thousands of listings nationwide. Potential buyers can log on and sign up to view the available listings for free. After checking with their leasing companies, which make the decision on whether to allow trades, sellers can choose from different listing packages ranging in price from $39.95 to $189.95 and begin by entering their vehicle and lease information. LeaseTrader.com will even run credit verification for buyers to ensure a viable sale.

With 2006 sales at $3.7 million, Stiberman projects 2007 sales will grow to $8 million.

Posted by Frank at 1:52 PM

Steve McQueen’s ’63 Ferrari heading to auction

070428_mcqueen.jpgNEW YORK - A 1963 Ferrari once owned and driven by the late film star Steve McQueen is expected to fetch between $800,000 and $1.2 million at an auction in August, Christie’s said.

Christie’s unveiled the car on Friday: a Ferrari 250 GT Berlinetta Lusso with a medium-brown metallic paint and beige leather interior.

McQueen, nicknamed “The King of Cool” for his portrayals of nonchalant, in-control heroes in such films as “The Great Escape,” about a mass escape from a World War II POW camp, was a car collector. He special ordered the car in 1963 and owned it for about 10 years, according to Christie’s.

Posted by Frank at 11:58 AM

Mitsubishi Releases Exterior Shots of Lancer Evolution

LaEvX.jpg

LaEvX2.jpgCypress, California -- Mitsubishi Motors in Japan revealed an exterior image of the production version of the Lancer Evolution high performance sedan.

The image, released in conjunction with a financial results announcement, reveals the subtle exterior details of the forthcoming production model, whose styling direction was first suggested with Concept X (2005 Tokyo Motor Show) and later reinforced with Prototype X (2007 NAIAS).

The soon-to-market Lancer Evolution represents the zenith of the Lancer badge's performance development; a rally racing story that began over 30 years ago in the deserts of the Safari Rally, later saw dominance on the WRC stage in the 1990's, and now combines the lessons from competition with high technology to bring an enthusiasts' hero to the streets.

The development concept for the all-new Lancer Evolution¹ specifies a "next-generation high-performance 4WD global sedan that allows all levels of driver to enjoy the car's speed and handling with ease and in safety". The new model features Mitsubishi's S-AWC² traction and handling system.

This advanced all-wheel-drive system integrates a superior level of drive torque distribution and braking management, making this the best handling Lancer Evolution vehicle of the series. This technology when mated to the new, more rigid Lancer platform results in a Lancer Evolution that is highly responsive, offering intuitive handling and a greater degree of control in addition to outstanding vehicle attitude stability.

Other examples of Mitsubishi Motors' latest automotive technology to be featured in the new model include a new lightweight, high-performance 2.0-liter turbocharged MIVEC3 engine with aluminum cylinder block and a 6-speed automated manual transmission that contributes to vehicle's exceptional performance while offering improved fuel economy.

Posted by Frank at 8:02 AM

Mitsubishi Motors Announces FY2006 Results and FY2007 Forecasts

Tokyo -- Mitsubishi Motors Corporation (MMC) today announced its full-year results for the year ending March 31, 2007, together with forecasts for the year ending March 31, 2008.

Fiscal 2006 full-year results

1.Fiscal 2006 overview

Mitsubishi Motors' consolidated sales for fiscal 2006 totaled 2 trillion, 202.9 billion yen: an increase of 82.8 billion yen over the previous fiscal year. Favorable yen exchange rates and a more profitable model mix more than offset decreases in retail sales volume and in the OEM supply volume resulting from the ending of the production of the smart forfour.

Mitsubishi Motors posted an operating profit of 40.2 billion yen, an improvement of 33.4 billion yen over the previous fiscal year. This significant improvement in operating profit stems from the aforementioned favorable exchange rate, a more profitable model mix and from improved profitability of financial service operations in the United States and reductions in costs; all of which more than offset the impact of increased sales costs in North America and a rise in raw material costs.

Mitsubishi Motors posted an ordinary profit of 18.5 billion yen, a year-on-year gain of 36.3 billion yen that stemmed partly from an improvement in net interest income. The company reported a net income of 8.7 billion yen, an improvement of 100.9 billion yen. Factors contributing to this improvement in the net position include the non-recurrence of asset impairment accounting charges in Japan and of restructuring charges booked last year, as well as extraordinary earnings stemming from the dissolution of special purpose entities.

Fiscal 2006 marks the first time Mitsubishi Motors has moved into the black at all levels (operating, ordinary and net profits) for the full financial year since fiscal 2002.

2.Sales volume

Global retail sales of vehicles in fiscal 2006 totaled 1,232,000 vehicles, a decrease of 112,000 (8.3%) compared to the 1,344,000 sold in fiscal 2005.

In Japan, MMC sold 247,000 vehicles, a year-on-year decrease of 3.9% or 10,000 units, slightly better than the domestic market (4.3% fall year-on-year), which was impacted by sluggish sales of registered vehicles (i.e., cars other than minicars). The introduction of the new Pajero and Delica D:5 models in the second half of the year contributed to Mitsubishi Motors' better-than-market performance.

In North America, the company sold 164,000 vehicles, a 5.1% increase of 8,000 over last year. This was helped by the first yearly increase in sales recorded in the U.S. market since fiscal 2001 and stemmed principally from the introduction of new models - the Eclipse Spyder in April and the Outlander SUV in November last year - and from the implementation of more sales-boosting initiatives more closely tailored to individual regions.

In Europe, Mitsubishi Motors sold 282,000 vehicles, a 5.6% increase of 15,000 units driven by continuing robust sales in Russia and by a doubling of sales in the Ukraine.

In Asia and other regions, Mitsubishi Motors sold 539,000 vehicles, an 18.8% decline or 125,000 fewer than the previous year. Firm sales in Latin America, the Middle East and Africa were more than offset by lower shipments of parts for use in local production in Taiwan, China and the ASEAN countries.

Forecasts for fiscal 2007

1.Overview

In fiscal 2007 Mitsubishi Motors will aim to boost global sales volume by 7.4% or 91,000 units over fiscal 2006 to 1,323,000 on the back on the extensive introduction of two global strategic models that use the company's next-generation platform: the Outlander and the new Lancer (GALANT FORTIS in Japan). The Outlander was introduced first in Japan in 2005, and has since been phased into other global markets during fiscal 2006. It has been well-received in all markets. The new Lancer, given its global launch in North America this March is to be phased into Europe, Japan and other regions in the near future.

Regional sales forecasts are as follows. Japan: 250,000 vehicles, a 1.2% increase of 3,000 over the previous year; North America: 176,000 vehicles, a 7.3% increase of 12,000; Europe: 316,000 vehicles, a 12.1% increase of 34,000; Asia and other regions: 581,000 vehicles, a 7.8% increase of 42,000.

On the back of the increases in sales volume given above, and of OEM supplies to auto manufacturers in Japan and overseas, Mitsubishi Motors forecasts net sales of 2 trillion, 430 billion yen, a 10.3% increase of 227.1 billion yen over fiscal 2006.

Despite forseeing falling profits at the U.S. financial service operations and increased selling expenses, the company predicts a 51 billion yen operating profit, an increase of 26.9% or 10.8 billion yen, due to increased sales from new model introductions and OEM agreements.

Mitsubishi Motors forecasts an ordinary profit of 30 billion yen, a year-on-year increase of 62.2% or 11.5 billion yen, and a full-year net profit of 20 billion yen, a 2.3-fold increase over fiscal 2006.

2.Operational measures by region

(1) Japan

* Introduce fully redesigned GALANT FORTIS and LANCER EVOLUTION X* models and
additions to the Delica D:5 lineup.
* Establish Delica D:5, Pajero and Outlander SUV models as long-sellers.
* Strengthen after-sales operations.
* Accelerate restructuring of sales networks (integrating and merging 29 consolidated
sales companies into five companies covering extended territories, plus consolidating
parts dealers.)

*Japan-market names for Lancer and Lancer Evolution are GALANT FORTIS and
LANCER EVOLUTION X, respectively

(2) North America

* Strengthen Mitsubishi Motors brand with introduction of Lancer Evolution.
* Increase sales with the introduction of new Outlander and Lancer models.
* Focus advertising on best-selling models and main regional markets.
* Continue implementing dealer support measures to promote vitalization of dealer
network.
* Improve productivity and profitability at the company's U.S. production facility.

(3) Europe

* Beef up and strengthen sales of SUV lineup (Outlander, Pajero, L200).
* Expand sales with introduction of new Lancer.
* Further expand sales in growing markets such as Russia and the Ukraine by bringing
marketing under direct control of MMC head office.
* Start supplies of all-new SUV model to PSA Peugeot Citroen.

(4) Asia and other regions

* China: Strengthen built-up import car operations through addition of new models and
establishment of a new sales company. Work with South East (Fujian) Motor Co., Ltd. to
upgrade Mitsubishi brand sales network.
* Thailand: Maintain and expand pickup model production operations.
* Latin America, Middle East and Africa: Boost sales further through introduction of new
models (Pajero, Lancer and Outlander).
* Australia: Strengthen sales of models introduced in 2006 (Triton, Pajero and Outlander)
and introduce Lancer to strengthen built-up import sales.

3.Mid-term business plan

Fiscal 2007 marks the final year of the Mitsubishi Motors Revitalization Plan introduced in fiscal
2005 and under which the company has been working to reestablish itself. During the current
fiscal year Mitsubishi Motors plans to announce a new mid-term business plan based on the
company's performance in fiscal 2007, the principal thrust of which will be the creation of an
infrastructure that will underpin sustainable future growth.

Posted by Frank at 7:57 AM

Mazda reports 2006 fiscal year results

- Record profits achieved in final year of Mazda Momentum Plan -

HIROSHIMA, Japan—Mazda Motor Corporation today reported its financial results for fiscal year (FY) 2006 and provided its forecast for FY2007.

FY2006 Consolidated Full Year Highlights:

* Consolidated sales revenue increases by 11 percent to a record 3,247.5 billion yen
* Consolidated operating profit up 28 percent to a record 158.5 billion yen
* Consolidated net income increases 11 percent to a best-ever 73.7 billion yen
* Six yen dividend per share declared; an increase of 1 yen

FY2007 Projections Highlights:

* Consolidated sales to increase by 2 percent to 3,320.0 billion yen
* Operating profit forecast to increase by 1 percent to 160 billion yen
* Net income expected to rise by 15 percent to 85 billion yen
* Global retail volume to reach 1.35 million units, a 4 percent increase
* Mazda to resume interim dividends after a 15-year moratorium

In the final year of the Mazda Momentum plan, Mazda’s FY2006 operating profit was a record 158.5 billion yen, exceeding FY2005 results by 28 percent. Consolidated revenue increased by 11 percent year-on-year to an all-time high of 3,247.5 billion yen, the first time it has surpassed the 3 trillion yen level. Net income once again achieved a best-ever record, up 11 percent to 73.7 billion yen, and global retail volume rose by 2 percent year-over-year to reach 1,302,000 units.

For FY2007, Mazda projects its operating profit to be 160.0 billion yen, up 1 percent. The full fiscal year 2007 outlook for net income is 85.0 billion yen, a 15 percent year-on-year increase. As product-driven growth for the company continues, Mazda is projecting a global retail sales increase of 4 percent in FY2007 to 1.35 million units. In addition, Mazda plans to resume interim dividends to shareholders for the first time in 15 years.

Mazda President and CEO Hisakazu Imaki said, “This was the final year of the Mazda Momentum plan and we are very pleased that our business performance in FY2006 once again resulted in all-time record results in all profit levels. FY2007 is the first year for our new Mazda Advancement Plan, and we will be aggressively increasing capital investment and R&D expenditures for product development of our core models and to strengthen our next-generation technologies.

Going forward, we will execute this new mid-term plan with total dedication.”

Financial results for FY2006
Global retail volumes were 1,302,000 units in FY2006, an increase of 2 percent over FY2005. This reflects the added sales from the launch of new crossover SUVs in North America and vehicles powered by new diesel engines in Europe. Consolidated revenues in FY2006 were 3,247.5 billion yen, a year-over-year increase of 327.7 billion yen, or an 11 percent increase. Operating profit was up by 35.1 billion yen, a 28 percent increase over the same period last year, to reach 158.5 billion yen. This reflects an improved model mix in North America due to the introduction of the CX-7 and CX-9 models, favorable effects of a weaker yen and net cost reductions which offset the impact of higher raw materials costs.

Ordinary profit was 127.8 billion yen, a rise of 26 percent, or a 26.3 billion yen increase over the figure from the last fiscal year. At 73.7 billion yen, net income was up 7 billion yen from year-ago levels, a climb of 11 percent. However, net income would have increased by 26 percent over the prior year - excluding the one-time impact of an extraordinary gain from the transfer of a substitutional portion of employee pension fund liabilities to the government and impact of asset-impairment losses in FY2005. In addition, cash flow in FY2006 was 21.0 billion yen, consisting of an operating cash flow of 116.4 billion yen, less investments of 95.4 billion yen. Net debt, at 232.2 billion yen, was down 14.6 billion from the end of the prior fiscal year, resulting in a net debt-to-equity ratio of 49 percent in FY2006, a 13 point improvement over the prior year and under the 50 percent target figure.

Financial Projections for FY2007
Mazda projects a global retail volume of 1.35 million units in FY2007, a 4 percent increase over FY2006. With the planned introduction of the all-new Mazda2 (known as Demio in Japan) in FY2007 together with full-year contributions from the CX-7 and CX-9 models, sales increases are forecast in North America, Europe and other global markets as Mazda aims at sustained product-led growth in the future. Consolidated revenue is projected to increase by 2 percent to 3,320.0 billion yen, a rise of 72.5 billion yen over FY2006 levels. With improved volume and model mixes and aggressive forward-looking investment, Mazda projects operating profit to grow by 1 percent, an year-on-year increase of 1.5 billion yen, and to reach 160.0 billion in FY2007. The outlook for ordinary profit is 140.0 billion yen, an increase of 12.2 billion yen, or 10 percent, from prior-year levels. Mazda is forecasting net income to be up by 11.3 billion yen (or 15 percent) to reach 85 billion yen.

Posted by Frank at 7:55 AM

Nissan Announces Financial Results for Fiscal Year 2006

Nissan Net Income at 460.8 Billion Yen for FY2006

TOKYO – Nissan Motor Co., Ltd., today announced financial results for the fiscal year 2006, ending March 31, 2007 and filed the following results with the Tokyo Stock Exchange:

· Net revenues of 10.4686 trillion yen (US $89.48 billion, euro 70.73 billion)
· Operating profit of 776.9 billion yen (US $6.64 billion, euro 5.25 billion)
· Ordinary profit of 761.1 billion yen (US $6.51 billion, euro 5.14 billion)
· Consolidated net income of 460.8 billion yen (US $3.94 billion, euro 3.11 billion).
· The operating profit margin came to 7.4%.

As previously announced, in order to increase transparency and consistency, Nissan is harmonizing calendar-year results for overseas subsidiaries such as Europe and Mexico with fiscal-year results for Nissan Motor Co., Ltd.

With the exception of China and Taiwan where fiscal-period accounting is precluded by law, all overseas subsidiaries that previously ended their annual periods in December have been harmonized to align with the consolidated fiscal period ending in March.

This was done by including an additional quarter of results from January to March for those subsidiaries previously consolidated on a calendar-year basis. Adding this fifth quarter results in a one-time positive impact to fiscal 2006 results of 767.6 billion yen (US $6.56 billion, euro 5.19 billion) in revenues, 21.4 billion yen (US $0.18 billion, euro 0.14 billion) in operating profits and 11.6 billion yen (US $0.10 billion, euro 0.08 billion) to the bottom line net income.

On comparable 12 month periods, Nissan’s global sales were 3,483,000 units, down 2.4%. In the US, sales were at 1,035,000 units, down 4.0%. In Japan, sales were at 740,000 units, down 12.1%. In Europe, sales came to 540,000 units, down by 0.2%. Sales in General Overseas Markets were 1,168,000 units, an increase of 5.1%.

The company’s net automotive cash position stood at 254.7 billion yen (US $2.18 billion, euro 1.72 billion) at the end of fiscal 2006. Nissan will propose a 17-yen-per-share year-end dividend at the company’s annual shareholders’ meeting this June, for a full-year dividend of 34 yen per share for fiscal 2006, as committed.

Nissan Value-Up
“2006 did not boost our results towards achieving the objectives of Nissan Value-Up,” said Nissan President and CEO, Carlos Ghosn. “However, we believe that the commitments are within the potential of the company and we remain focused to deliver them completely. Accordingly, we have decided to extend the period for delivering all the Nissan Value-Up commitments by one year.”

Ghosn noted that tangible progress had been made on the four key breakthroughs in Nissan Value-Up. The Infiniti luxury brand continues to expand globally with its introduction to Russia in 2006, into China and Ukraine in 2007 and across Western Europe during 2008.

Light Commercial Vehicle (LCV) sales globally have grown by 57% to 490,000 units compared to the start of Nissan Value-Up. The LCV business now generates a consolidated operating profit margin of over 8%.

Nissan continues to enhance its overall cost competitiveness. 15% of global sourcing is made in Leading Competitive Countries (LCC) such as China, ASEAN, Mexico, and Eastern Europe, versus 12% last year.

Finally, our geographic expansion has been accelerated by additional investments in Brazil and China, a new plant being established in Russia, and a new partnership with Renault and Mahindra to build a manufacturing facility in India.

2007 outlook
Commenting on the outlook for this fiscal year, Ghosn said fiscal 2007 will be a better year for Nissan than 2006. Rising raw material costs, rising energy prices, rising interest rates, volatile foreign exchange rates, high level of incentives, and a growing number of distressed suppliers and competitors, would remain among the business risks for 2007.

Nissan continues to invest massively for its future within a clearly established long-term strategy, especially in the research and development of breakthrough technologies and innovative products. In 2007, Nissan will launch 11 all-new products globally: Livina, X-TRAIL, Altima coupe, single and double-cab Atlas truck, entry-level sedan for Mexico, Infiniti G37 coupe, Rogue, GT-R, Infiniti EX luxury crossover, Murano and a single-cab version of the Frontier-Navara pickup truck.

Based on the company’s outlook and assuming foreign exchange rates of 117 yen/dollar and 148 yen/euro - which is at the same level as fiscal 2006 - Nissan filed the following forecast for the fiscal year ending March 31, 2008, with the Tokyo Stock Exchange:

· Consolidated net revenues of 10.3000 trillion yen (US $88.03 billion, euro 69.59 billion)
· Operating profit of 800 billion yen (US $6.84 billion, euro 5.41 billion)
· Ordinary profit of 773 billion yen (US $6.61 billion, euro 5.22 billion)
· Net income of 480 billion yen (US $4.10 billion, euro 3.24 billion)

Note: Amounts in dollars and euros are translated for the convenience of the reader at the foreign exchange rates of 117 yen/dollar and 148 yen/euro, the average rates for the fiscal year ending March 31, 2007.

APPENDIX

For the convenience of readers who wish to make a direct comparison between fourth quarter 2006 and the same period in 2005, excluding the impact of the accounting change, the totals are as follows:

· Consolidated net revenues of 2.8238 trillion yen (US $24.14 billion, euro 19.08 billion), up 7.1% compared to 2.6360 trillion yen (US $22.53 billion, euro 17.81 billion) the previous year

· Operating profit of 223.8 billion yen (US $1.91 billion, euro 1.51 billion) down 7.0% compared to 240.6 billion yen (US $2.06 billion, euro 1.63 billion) from FY2005

· Ordinary profit of 204.6 billion yen (US $1.75 billion, euro 1.38 billion) down 14.9% compared to 240.4 billion yen (US $2.05 billion, euro 1.62 billion) from FY2005

· Net income of 70.6 billion yen (US $0.60 billion, euro 0.48 billion) down 53.7% compared to 152.4 billion yen (US $1.3 billion, euro 1.03 billion) from FY2005. Net income was lower compared to last year due to -- by order of decreasing magnitude -- provisions taken for the one-time charge for headcount reductions in the U.S. and Japan, lower profit contribution from equity method companies, and higher taxes.

Posted by Frank at 7:53 AM

Indiana Hyundai Dealer Hosts Official Casting Calls for 'Deal Or No Deal'

Bob Rohrman's Indy Hyundai in Indianapolis will host official Eastern region open casting calls for NBC hit, "Deal or No Deal."

For more than 30 years, the Bob Rohrman Auto Group has been providing Indianapolis-area residents with exceptional customer service and impeccable quality. The dealership will host thousands of eager Indianapolis residents hoping for a chance to win $1 million on the wildly popular game show.

Bring your personality and comfortable shoes for a chance at stardom and a test drive of Hyundai's impressive new model line-up, including the Accent, Elantra, Sonata and Santa Fe.

To fill out an application form in advance, please download this PDF.

WHEN: Tuesday, May 1, 2007 from 1 - 5 p.m.

WHERE: Bob Rohrman's Indy Hyundai, 7101 E. Washington St., Indianapolis
Phone: 317.613.7000

Posted by Frank at 7:40 AM

April 27, 2007

2008 Corvette Gets More Powerful 6.2L V-8 And Host Of Refinements

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Get comfortable. There’s so much new and exciting with the 2008 Corvette that you’ll want to grab a hot drink, sidle up to your computer screen and absorb all the details.

The changes involve everything from an all-new, larger and more powerful V-8 engine to refinements in driving characteristics that solidify the Corvette’s position as the preeminent American sports car – and further the argument that it is one of the world’s best. There are also a host of exterior and interior refinements that raise the Corvette’s luxury status and enhance the feeling of craftsmanship.

“Corvette is an uncompromising sports car that rewards its owners with impeccable performance and great comfort,” said Ed Peper, Chevrolet general manager. “The changes and enhancements to the 2008 Corvette reflect continual improvements that speak to Chevrolet’s unflagging commitment to building the best sports car – and with nearly 55 years of experience, the Corvette just keeps getting better and better.”

Also back again for ’08 is the 505-horsepower Corvette Z06, an American super car that has won over enthusiasts, journalists and racers around the world for its balance of racetrack-bred performance, daily-driving civility and value.

Here’s a look at the new and enhanced features for ’08 Corvette models:


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Engine – A new, 6.2L LS3 small-block V-8 is the standard engine in Coupe and Convertible models. It is rated at 430 horsepower (321 kW)* and 424 lb.-ft. of torque (586 Nm)* with the standard exhaust system; with the new, optional two-mode exhaust system, power ratings increase to 436 horses / 325 kW and 428 lb.-ft. / 592 Nm. As a result, the standard Corvette is true supercar, capable of 190 mph. The LS3 with the six-speed paddle-shift automatic is the fastest automatic-equipped Corvette ever, with 0-60 mph capability of 4.3 seconds.

This new iteration of the storied small-block family features a revised, larger-bore cylinder block – 4.06-inch / 103.25 mm vs. the previous 6.0L’s 4.00-inch / 101.62 mm bores – high-flow, LS7/L92-style cylinder heads; larger-diameter pistons; revised camshaft and camshaft timing; revised valvetrain with offset intake rocker arms; high-flow intake manifold; high-flow fuel injectors from the Z06’s LS7 engine; and a new engine beauty cover.

The LS3 features an aluminum cylinder block with cast iron cylinder liners. In addition to its larger bores, which help create a 376-cubic-inch displacement, the block casting also features revisions and machining in the bulkheads that enhance its strength and improved bay to bay breathing. But while the bore of the 6.2L engine is increased when compared with the previous 6.0L engine, the engine’s stroke remains at 3.62 inches (92 mm). The pistons for the larger 6.2L engine also are new and are designed for its high-rpm performance capability.

Breathing for the new 6.2L engine is accomplished via new, high-flow cylinder heads. They’re based on the large port/large valve design found on the LS7 engine and other GM L92 engines, with larger-capacity, straighter intake ports. The design optimizes intake flow to the combustion chamber and the exhaust ports are also designed for better flow.

Complementing the larger-port design of the heads are commensurately sized valves. The intake valve size alone increases from 2.00 inches (50.8 mm) to 2.16 inches (55 mm) – an increase of nearly 9 percent. The intake valves feature lightweight hollow stems, which enable the engine’s 6,600-rpm capability. The exhaust valves also are large, measuring 1.60 inches (40.4 mm) in diameter.

To accommodate the engine’s large valves and enable more direct intake port flow, the intake-side rocker arms are offset 6 mm between the valve tip and the push rod. Actuating the valves is a new camshaft, with intake-side lobes providing more than a 5-percent percent in increase in lift, from 0.521-inch to 0.551-inch (13.25 mm to 14 mm). Exhaust-valve lift remains unchanged from the LS2. The camshaft timing was revised to optimize performance with the higher-lift intake cam profile.

Ensuring the cylinder heads receive all the air they can handles falls to a new, acoustically tuned intake manifold. The composite design is manufactured with a “lost core” process that improves runner to runner variation and reduces airflow losses. An acoustic foam material is used to reduce radiated engine noise; it is sandwiched between the outer top of the manifold and an additional “skull cap” acoustic shell. Also new beauty covers atop the engine shield the rocker covers and also feature a noise-reducing, acoustically tuned insert to provide a more refined engine sound.

Exhaust system – Optional on ’08 Coupe and Convertible models is a new, two-mode performance exhaust system. Similar in design and function to the system used on the Z06, the dual-mode exhaust uses vacuum-actuated outlet valves, which control engine noise during low-load operation, but open for maximum performance during high-load operation. It is not identical to the Z06 system; the Coupe/Convertible uses a 2.5-inch-diameter exhaust, while the Z06 uses a three-inch system.

With the new, dual-mode performance exhaust, power output for Coupe/Convertible rises from 430 horsepower (321 kW) and 424 lb.-ft. of torque (575 Nm) to 436 horses (325 kW) and 428 lb.-ft. (580 Nm). This system gives the Corvette a more aggressive exhaust sound character that will appeal to performance enthusiasts.

Transmissions and axle ratios – The shifting efforts for both the six-speed manual transmission and paddle-shift six-speed automatic transmissions have been improved in ’08 Corvette models. The manual transmission shifting improvements include a more positive and direct feel during gear changes, with better gate-to-gate location.

The six-speed paddle-shift automatic transmission on Coupe and Convertible is improved with new hardware and a new controller calibration that deliver quicker shifts. This change bolsters the feeling of performance and driver control when using the shifting paddles.

Also new for ’08 models is the availability of the 2.73 performance axle ratio with the automatic transmission. It is included with the Z51 package.

Steering system – The Corvette’s precise rack-and-pinion steering system is revised to provide improved feel at all speeds. The revisions are due to a new, premium machining process of the system’s internal components, a new, stiffer intermediate shaft and controller calibration changes.

Wheels – Corvette Coupe and Convertible models come with a new split-spoke wheel design for ’08. The design was introduced on the limited-edition ’07 Indianapolis 500 Pace Car replicas with a Sterling Silver finish. The standard 18-inch front wheels and 19-inch rear wheels feature a Sparkle Silver finish, with a Competition Gray version optional.

Also new is a distinctive, performance-oriented forged aluminum wheel for Coupe and Convertible. It comes in a polished finish.

Exterior colors – There are two new premium exterior colors available with 2008 Corvette models: Jetstream Blue Metallic Tintcoat and Crystal Red Metallic Tintcoat; they replace Le Mans Blue Metallic and Monterey Red Metallic Tintcoat.

Custom Leather-Wrapped Interior Package – Available on Coupe, Convertible and Z06 models, the new Custom Leather-Wrapped Interior Package offers a stylish, two-tone leather-appointed cabin with details that enhance the feeling of Corvette’s craftsmanship. Details include:

* Two-tone, leather-wrapped upper and lower instrument panel, door pads and seats
* Choice of new, exclusive colors: Linen or Sienna, with unique color breakup
* Padded door panel armrests
* “Corvette” embroidered on passenger-side dash pad
* Embroidered crossed flags logo on headrests
* Unique center trim plate with Bias pattern.

Interior enhancements – All models feature a new wrapped instrument panel center trim plate, with bright surrounds for the shifter and cupholder. There are also new metal-finish door sill plates that greet passengers as they step into the vehicle, as well as a new lighted control knob for the available Magnetic Selective Ride Control.

Feature changes and enhancements – All Corvette models now come standard with features that were previously optional or part of equipment packages. They include:

* OnStar with available Turn-By-Turn Navigation
* XM Satellite Radio
* Auto-dimming rearview mirrors (with compass)
* Audio input jack on all radio systems except navigation; Personal Audio Link is available as a dealer-installed item with the navigation system.

The ’08 Corvettes also come with a new Keyless Access fob, which features the key and remote-function controls integrated in a single unit.

Corvette design and interior details
Dramatic fender forms and exposed headlamps combine with the grille to create a strong visual identity for the Corvette, while the tapered rear deck and fascia improve high-speed performance. The lean rear design sports round taillamps and center-exit exhaust. The fixed Xenon high-intensity discharge headlamps provide superior lighting performance. With a 0.286 coefficient of drag, the Coupe models are the most aerodynamic Corvettes ever.

The 2008 Corvette Convertible features a power-operated soft top with the 3LT package; an easy-to-operate manual top is standard. Both configurations use a five-layer fabric that conceals the underlying structure for a good top-up appearance, plus it helps preserve the car’s excellent aerodynamics and reduces road noise.

Corvette’s interior is inspired by the car’s dual-cockpit heritage. High-quality materials, craftsmanship and functionality help deliver premium quality meant to enhance performance driving. The instrument panel and doors are covered with cast-skin foam-in-place trim that looks like a leather-wrapped, padded panel. It is warm and inviting and has double the life of conventional trim materials.

An AM/FM/XM radio with CD player and audio input jack is standard. An optional Bose audio system with an in-dash six-disc changer adds to the choices available to the audiophile owner. Steering-wheel mounted audio controls – introduced in ’07 – are included with the Bose premium system.

A full-function OnStar system is standard and an onboard navigation system with voice recognition is available. Using a 6.5-inch (165 mm) color touch-screen display, the DVD-based system contains all the map data for the 48 contiguous states and most of Canada on one disc.

Driving dynamics

Corvette Coupe and Convertible have a hydroformed steel rail backbone structure, which features cored composite floors, an enclosed center tunnel, rear-mounted transmission and aluminum cockpit structure. Suspension cradles, control arms, knuckles, springs, dampers, bushings, stabilizer bars and steering gear have all been redesigned. New Goodyear Extended Mobility Tires (EMT) take advantage of the latest sidewall design and compound technology for run-flat capabilities.

Three suspension choices allow drivers to choose the setup that best suits their driving style. The standard suspension is tuned for a balance of ride comfort and precise handling. Corvette is now more poised at even higher handling levels, yet easier to drive.

The optional Magnetic Selective Ride Control suspension features magneto-rheological dampers able to detect road surfaces and adjust the damping rates to those surfaces almost instantly for optimal ride control. Cross-dilled brake rotors are included when this feature is selected, allowing customers to combine the larger brakes from the Z51 performance package with the comfort of Magnetic Selective Ride Control.

The Z51 Performance Package brings Coupe and Convertible performance very close to the widely admired previous generation Z06. The Z51 offers more aggressive dampers and springs, larger stabilizer bars, Goodyear Eagle F1 Supercar EMT tires, enhanced cooling and larger cross-drilled brake rotors (13.4 inches / 340 mm in front and 13 inches / 330 mm in rear) for optimum track performance while still providing a comfortable ride.

With each suspension, three standard dynamic chassis control systems – anti-lock braking, traction control and Active Handling – operate in concert. In all, the dynamic chassis control systems are smarter, less intrusive and more adept at making the total driving experience precisely what drivers have come to expect from their Corvette.
Corvette Z06 details

As the fastest, most powerful and most technologically advanced production model in Corvette’s history, t he Corvette Z06 offers an unprecedented level of capability and technology, making it one of the best performance values on the market.

Design – The Z06 has an unmistakable and aggressive appearance, with design cues that include:

* A wide front fascia with a large, forward-facing grille opening, a splitter along the bottom and wheel opening extensions along the sides to provide aerodynamic downforce
* A cold air scoop in front of the hood that integrates an air inlet system for the engine
* The trailing edge of the front wheel opening is radiused to achieve improved drag, but protects the body finish with a tough molding, and a large air extractor is located behind the wheel
* A fixed-roof body style optimizes body rigidity and mass
* Wider rear fenders with flares cover the massive rear tires and a brake cooling scoop in front of the wheels visually balances the fender extractor
* A tall rear spoiler houses the CHMSL on the top of the rear fascia
* 10-spoke wheels (18-inch, front; 19-inch, rear)
* Four large stainless steel exhaust outlets
* Z06 badging on the carbon fiber front fenders

The aerodynamics of the Z06’s exterior were shaped by the experiences of the Corvette racing program, where high-speed stability and cornering capability are paramount. And while the race cars use large rear wings, the Z06’s elevated spoiler provides sufficient downforce to balance the road-worthy front splitter without adversely affecting aerodynamic drag. The Z06’s Cd is 0.34.

For all its race-inspired functionality, the Z06 is designed to be a daily-driveable high-performance vehicle. To that end, comfort and convenience are held to a very high standard. High-Intensity Discharge lighting, fog lamps, leather seating, dual-zone air conditioning, cabin air filtration and head-up display (HUD) with track mode and g-meter are standard.

The Z06 gauge cluster displays the Z06 logo on the 7000-redline tachometer and has a readout on the oil pressure gauge to reflect the higher standard pressure of the dry-sump oiling system. The seats feature two-tone leather surfaces, with Z06-logo embroidery and contrasting stitching.

Z06 options include a Bose audio system with an in-dash six-CD changer, polished, Competition Gray or chrome wheels, a telescoping steering wheel, heated seats, side-impact air bags, a navigation system with GPS and universal home remote.

LS7 engine – The Z06’s LS7 7.0L engine delivers 505 horsepower (377 kW) in a 3,132-pound (1,421 kg) package – a combination that delivers 0-60 performance of 3.7 seconds in first gear, quarter-mile times of 11.7 seconds at 125 mph and a top speed of 198 mph (as recorded on Germany’s Autobahn). It also provides maximum lateral acceleration of 1.04 g and 60-0 braking in 111.3 feet; it also circuited Germany ’s famed N ü rburgring in a time of 7:43 .

The LS7 reintroduced the 427-cubic-inch engine to the Corvette lineup. It is easily identified under the hood by red engine covers with black lettering. The LS7 shares the same basic Gen IV V-8 architecture as the Corvette’s 6.0-liter LS2, but it uses a different cylinder block casting with pressed-in steel cylinder liners to accommodate the engine’s larger diameter, 4.125-inch (104.8 mm) cylinder bores.

Internally, the LS7’s reciprocating components make use of racing-derived lightweight technology, including titanium connecting rods and intake valves, to help boost horsepower and rpm capability. The rpm fuel shut-off limit is 7,100 rpm. The LS7’s details include:

* Dry-sump oiling system
* Unique cylinder block casting with large, 104.8-mm bores and pressed-in cylinder liners
* Forged steel main bearing caps
* Forged steel crankshaft
* Titanium connecting rods with 101.6-mm stroke
* Cast aluminum flat-top pistons
* 11.0:1 compression
* High-lift camshaft
* Racing-derived CNC-ported aluminum cylinder heads with titanium intake valves and sodium-filled exhaust valves
* Low-restriction air intake system
* Hydroformed exhaust headers with unique “quad flow” collector flanges.

One of the clearest examples of the LS7’s race-bred technology is its use of titanium connecting rods. They weigh just 464 grams apiece and besides being lightweight, which enhances high-rpm performance and rpm range, titanium makes the rods extremely durable.

The LS7’s CNC-ported aluminum cylinder heads are designed to meet the high airflow demands of the engine’s 7.0-liter displacement. A hydraulic roller camshaft with 0.588/0.593-inch valve lift is used to allow plenty of air to circulate in and out of the engine. To ensure optimal, uninterrupted airflow, the LS7’s heads have straight, tunnel-like intake runners. Very large by production-vehicle standards – even racing standards – they are designed to maintain fast airflow velocity, providing excellent torque at low rpm and exhilarating horsepower at high rpm. The heads feature 70-cc combustion chambers that are fed by huge, 56-mm-diameter titanium intake valves. They are complemented by 41-mm sodium-filled exhaust valves.

To accommodate the large valve face diameters, the heads’ valve seats are siamesed; and, taken from experience with the engines of C6.R racecars, the LS7’s valve angles are held at 12 degrees – vs. 15 degrees for the LS2 – to enhance airflow through the ports.

The LS7 has a dry-sump oiling system designed to keep the engine fully lubricated during the high cornering loads the Corvette Z06 is capable of producing. An engine compartment-mounted 8-quart reservoir delivers oil at a constant pressure to a conventional-style oil pump pick-up at the bottom of the engine. The pressurized oil feed keeps the oil pick-up continually immersed in oil at cornering loads exceeding 1 g.

Oil circulates through the engine and down to the oil pan, where it is sent back to the reservoir via a scavenge pump. The large-capacity reservoir, combined with a high efficiency air-to-oil cooler, provides necessary engine oil cooling under the demands of the engine’s power output. With the dry-sump system, oil is added to the engine via the reservoir tank – which includes the oil level dipstick.

Drivetrain – The Corvette Z06’s powertrain and drivetrain systems are matched to the LS7’s performance capability. The light, four-into-one headers discharge into close-coupled catalytic converters and through two-mode mufflers. The mufflers each feature a vacuum-actuated outlet valve, which controls exhaust noise during low-load operation but opens for maximum power.

At the rear of the LS7 engine, a single-mass flywheel and lightweight, high-capacity clutch channel torque to the rear transaxle. The six-speed manual transmission has been strengthened to handle the LS7’s increased torque load. The transmission includes a pump that sends transmission fluid to the front radiator for cooling. Upon its return, the fluid removes additional heat from the differential lube before returning to the transmission. The six-speed transmission connects to a limited-slip differential, with enlarged ring and pinion gears. Stronger axle half-shafts with tougher universal joints transmit power to the rear wheels.

Structure – The Z06 has a unique aluminum body structure for optimum stiffness and light weight for the fixed-roof bodystyle. Perimeter rails are one-piece hydroformed aluminum members featuring cast suspension nodes, which replace many welded steel components on other Corvette models. Other castings, stampings and extrusions are combined into the innovative structure with state-of-the-art manufacturing technologies.

Advanced structural composites featuring carbon fiber are bonded to the aluminum structure. The wider front wheelhouses, for example, are carbon composites and the passenger compartment floors combine carbon-fiber skins with an ultra-lightweight balsa wood core.

The Z06 has a new magnesium cradle that serves as the attachment point for the engine and some front suspension components. Magnesium is lighter than aluminum yet incredibly strong. The magnesium cradle helps improve the front-to-rear weight distribution, as do carbon-fiber front fenders and wheelhouses. Engineers also moved the battery from underhood to a position in the rear cargo area, behind one of the rear wheels.

The mass reductions are offset by some added performance enablers, including dry-sump lubrication, exhaust system with outlet valves, larger wheels and tires, larger brakes and larger roll stabilizers.

Suspension and brakes – The Z06 retains the 105.7-inch (2686-mm) wheelbase of other Corvette models, as well as the short-long arm suspension and transverse leaf spring design, but it rides on all-new wheels, tires, brakes, as well as its own rear spring and roll stabilizer.

The firmer suspension works harmoniously with large 18 x 9.5-inch cast-spun aluminum wheels and 275/35ZR18 tires in the front, and 19 x 12-inch cast-spun aluminum wheels with 325/30ZR19 tires in the rear – the largest wheel-and-tire combination ever offered on a Corvette. The tires use the latest extended-mobility technology from Goodyear to provide a satisfactory ride, but still allow the vehicle to achieve lateral acceleration of more than 1 g. The extended-mobility tires eliminate the need – and weight – for a spare tire and jack or inflator kit, while also reducing the chance of a sudden loss of handling capability.

Complementing the suspension system and large rolling stock is an equally capable four-wheel disc brake system, consisting of 14-inch (355 mm) vented and cross-drilled front rotors and 13.4-inch (340 mm) vented and cross-drilled rear rotors.

The front rotors are acted upon by large, red-painted six-piston calipers that use six individual brake pads. Individual brake pads are used because they deliver more equalized wear compared to what would otherwise be a pair of very long single-piece pads. For the rear brakes, four-piston calipers with four individual brake pads are used. A Delphi four-channel ABS system is standard, as is a very competent active handling system – complete with a Competitive Driving mode.

* Horsepower and torque are SAE certified.

Posted by Frank at 11:42 AM

Technology + Vehicle Maintenance = Time Savings

Goodwrench Helps Owners Simplify, Understand and Use Technology to Maintain Their Vehicles

DETROIT – In today’s hectic world, when a vehicle needs service, drivers look for the simplest solution to get back on the road quickly.

Wading through a complicated matrix of information in an owner’s manual to understand a maintenance schedule can sometimes be time consuming and confusing. However, advances in technology at General Motors have made it possible for vehicles to tell their owners when service or maintenance is needed.

According to the 2006 Yankelovich MONITOR “Finding Time Perspective,” 70 percent of consumers 16 years and older say they don’t have enough time to do all the things they need to. Approximately 50 percent say a lack of time is a bigger problem in their lives than a lack of money. Yet more than three-quarters of consumers say most products and services that claim to save time do not really make a noticeable difference in the amount of time they have available in their week.

Goodwrench knows time is money

When time becomes more valuable than money, technology can help. GM and Goodwrench are working to make it easier for vehicle owners to maintain and service their vehicles. Automotive technologies such as GM’s Oil Life System, OnStar Vehicle Diagnostics, Goodwrench Remote Diagnostics and Tire Pressure Monitoring Systems (TPMS) help save time and prevent consumers from having unnecessary maintenance performed. Combined, these technologies also provide peace-of-mind for time-crunched vehicle owners, and allow GM dealers to offer Simplified Maintenance Schedules.

“Each of the industry leading technologies GM has implemented are intended to make life easier for the consumer,” said Peter Lord, executive director, GM Service Operations. “We are delivering service and maintenance information in a way that consumers can easily receive and digest.”

David Bersoff, author of Yankelovich MONITOR’s “Finding Time” report says, “After multitasking, the use of technology tools is the top strategy time-starved consumers rely on most to buy back time in their lives.” Specifically, 47 percent of women feel it is essential to keep up with the latest technology products and services to stay on top of daily activities, according to the 2006 Yankelovich MONITOR. And, tech-savvy consumers, especially women (60 percent), go online everyday using technology and the Internet to find answers quickly.

OnStar Vehicle Diagnostics

OnStar’s capabilities are the key to making it very easy for GM vehicle owners to understand their service and maintenance needs. Nearly half of OnStar’s almost 5 million subscribers have registered for OnStar Vehicle Diagnostics to receive free monthly diagnostic reports via e-mail. Each diagnostic report provides data on remaining engine oil life, emissions, engine and transmission, and braking systems, as well as air bag system checks and crucial tire pressure information on vehicles with TPMS. The real-time reports are sent directly to the OnStar subscriber’s e-mail. Subscribers can enroll at the OnStar website (www.onstar.com) or press the vehicle’s blue OnStar button and sign up through an advisor.

Goodwrench Remote Diagnostics

With a press of the blue OnStar button, advisors can run an immediate Goodwrench Remote Diagnostic check on the vehicle if a warning light appears or a customer suspects that something is wrong. And if needed, Automotive Service Excellence (ASE) technicians are available to advise the customer if he or she can continue driving or if it’s necessary to find a safe place to stop and wait for roadside assistance.

GM Oil Life System

GM’s Oil Life System informs the driver when an oil change is required based on driving conditions and not on a predetermined time or mileage basis, such as the three months or 3,000 miles recommended by many manufacturers in the past. GM’s Oil Life System monitors engine speed and temperature, and the computer continuously examines engine conditions to determine when it's time to change the motor oil. This system can double or even triple the time needed between oil changes, and if used properly, can help consumers save time and money connected with unnecessary oil changes.

“A driver whose fuel tank is still two thirds full wouldn’t empty the tank and refill it, or a driver whose tires are half worn wouldn’t replace the them.” said Lord. “It is the same idea with prematurely changing oil that still has life.”

Simplified Maintenance

GM's Simplified Maintenance Schedules, based on the Oil Life System, are a convenience to drivers because it takes the guesswork out of when to change oil and it eliminates the need to make decisions regarding other routine maintenance. Basically, when the change oil light or message appears, the customer brings the vehicle in for maintenance. The technician changes the oil and performs any other necessary maintenance such as checking belts, rotating tires and changing the air filter.

Tire Pressure Monitoring System

Checking tire pressure is something drivers often forget or don’t make time to test. By making sure tires are properly inflated, the U.S. Department of Energy estimates drivers can improve fuel economy by up to 3.3 percent. A recent U.S. Department of Energy statistic cited in a study by the U.S. Government Accountability Office (GAO-07-246R Under inflated Tires) estimates nearly 1.2 billion gallons of gas are wasted each year due to under inflated tires. GM’s TPMS helps alleviate this issue by tracking tire wear and pressure and helping motorists avoid tire failure and potentially dangerous, costly breakdowns. The system uses sensors mounted in each wheel to monitor tire pressure in real-time. Drivers are alerted to tire pressure changes so the issues can be checked and remedied quickly.

Online Maintenance Tips

Goodwrench’s redesigned Web site, www.goodwrench.com, is easy to navigate and offers visitors a variety of helpful vehicle safety and maintenance tips. Goodwrench.com helps locate the nearest GM Dealer and is a great online resource for learning about the service advantages certified GM technicians offer at more than 7,000 GM dealerships nationwide.

“GM has the right equation of automotive technology to simplify service and maintenance,” said Lord. “And, we have more advances coming that will give back even more time to consumers so they can keep up with the pace of their busy lives.”

About Goodwrench

Goodwrench is the service brand for GM vehicles - Chevrolet, Buick, Pontiac, GMC, HUMMER, Cadillac. With dealerships located nationwide and over 90,000 professionally trained service personnel, the Goodwrench network is one of the largest automotive full-service providers in the industry. Goodwrench technicians receive specialized training from General Motors to provide expert care for all GM cars and trucks. Goodwrench technicians readily use genuine GM replacement parts, which are manufactured to the same specifications of the GM vehicle. For more information, visit the GM Goodwrench web site at www.goodwrench.com.

Posted by Frank at 11:38 AM

Soldier Heroes to be Honored for Service in Iraq at Customized Car Show

BOSTON -- Three local Soldiers with the Boston Recruiting Company and the Massachusetts National Guard will be honored on stage for their service during the Boost Mobile "Hot Import Nights" customized car show this Saturday in Boston. The Soldiers are being recognized for their service in support of operations in Iraq.

A haven for car show enthusiasts, the "Hot Import Nights" shows feature performances by hip-hop artists alongside tricked-out cars. Soldier recognition ceremonies are scheduled for each stop on the 20-city tour between now and December. The recognitions are part of the Army's Operation Tribute to Freedom program, which honors returning Soldiers for their service in Iraq and Afghanistan.

WHEN: Saturday, April 28, 2007 at 5 p.m. EDT; Recognition activities will take place after 7 p.m.

WHERE: Bayside Expo Center, 200 Mount Vernon Street, Boston, Mass.

WHO: Sgt. Jeffrey Becker served in support of Operation Iraqi Freedom with the Special Troops Battalion of the 3rd Infantry Division. He served as a Team Leader of a Communications Repair Team and monitored the network operations for the 3rd Infantry Division. Sgt. Becker returned home in January 2006, and is a Field Recruiter with the Boston Recruiting Station. He resides in Newton, Mass.

Staff Sgt. Patrick Percefull served twice in support of Operation Iraqi Freedom with the 3rd Brigade, 1/30th Battalion, 3rd Infantry Division. He was a machine gunner and team leader on a fire team as he engaged the enemy. Staff Sgt. Percefull received the Commendation Medal with Valor for saving a village of children from harm by a charging water buffalo. He returned home in January 2006, and is a recruiter with the Boston Recruiting Company. He resides in Winthrop, Mass.

About Operation Tribute to Freedom

Operation Tribute to Freedom (OTF) recognizes and honors Soldiers returning from operations in Iraq and Afghanistan through speaking and recognition events in communities across the country. For more information, visit http://www.army.mil/otf.

Source: Operation Tribute to Freedom

Posted by Frank at 11:33 AM

Chrysler Group Announces Key Sales and Marketing Appointments

AUBURN HILLS -- Chrysler Group CEO Thomas W. LaSorda today announced the appointments of several key sales and marketing executives effective May 1, 2007.

Steven J. Landry will be promoted to Executive Vice President - NAFTA Sales, Global Marketing, Service and Parts, and Michael Manley will be promoted to Executive Vice President - International Sales, Marketing and Business Development. Both executives will report directly to LaSorda.

Landry currently is Vice President - Sales and Field Operations, while Manley serves as Vice President - Sales Strategy and Dealer Operations.

"Last December, I temporarily took responsibility for our sales and marketing in order to revamp our efforts and restore healthy relations with our dealer body," said LaSorda. "The team has made solid and substantial progress on both fronts. That is why the time is right to turn the reigns of the sales and marketing leadership over to Steven, Michael and their new organizations."

In addition, Darryl R. Jackson will be promoted to Vice President - U.S. Sales; Michael J. Keegan will be promoted to Vice President - Volume Planning and Sales Operations; and Thomas Hausch will be promoted to Vice President - International Sales. Jackson and Keegan will report to Landry, while Hausch will report to Manley.

Jackson currently serves as Vice President - Great Lakes Business Center and prior to that assignment led the marketing efforts for the Dodge brand. He will be replaced by Brian J. Schnurr, who will serve as Director - Great Lakes Business Center. Keegan currently serves as Director - Sales and Marketing Finance. Hausch currently serves as Executive Director - International Sales and Marketing.

"This team has been given clear marching orders," said LaSorda. "Continue to build the equity of our three great brands -- Chrysler, Dodge and Jeep; work with our dealer body in all markets to continuously refine and enhance the customer experience, while increasing dealer throughput and profitability through optimization of the network; protect and grow our NAFTA presence; and, profitability and substantially grow our sales in international markets.

"With one of the youngest vehicle lineups in the industry, 20 all-new products over the next three years and dealer inventory down 20 percent compared to last year, this team has the tools vital to serve as catalysts for the Recovery and Transformation Plan we announced in February," said LaSorda. "And, they get to work with three great new brand campaigns, starting with an exciting new look and feel for the Chrysler brand that begins next month."

In addition to Jackson and Keegan, executives reporting to Landry in his new role include: Christine K. Cortez, Senior Vice President - Global Service and Parts; George E. Murphy, Senior Vice President - Global Marketing and Advertising; Joseph A. ChamaSrour, President - DaimlerChrysler de Mexico; Reid Bigland, President and CEO - DaimlerChrysler Canada; and, Michael E. Yatsko, Director - Franchising Operations.

In addition to Hausch, executives reporting to Manley in his new role include: Stephane Labous, Director - International Marketing, Advertising and Communications; Robert M. Graczyk, Senior Manager - International Pricing Strategy and Guidelines; and, Victor M. Toral, Senior Manager - International Volume Planning and Distribution.

Source: Chrysler Group

Posted by Frank at 11:33 AM

California's 'Automotive Career Month' Culminates with Statewide Business and Education Partnerships

Ontario Auto Center Dealers and Ontario High School Showcase Affiliation Model with Automotive Youth Educational Systems (AYES)

ONTARIO, Calif. -- California automotive dealers and educators will celebrate a statewide partnership today with Automotive Youth Educational Systems (AYES) in a culmination of activities to occur in Southern California beginning at 1:00 p.m. at the Ontario Auto Center.

In a salute to technical education, as one of Governor Arnold Schwarzenegger's top priorities for improvement, the State of California has deemed the month of April "Automotive Career Month." As a part of a larger initiative, the Ontario-based event will showcase the various facets of California's school-to-career partnerships with automakers, dealerships and schools. AYES will honor six business and education partner dealers at an awards ceremony that will include leading officials, executives, students and dealership mentors.

According to Larry Cummings, president and CEO of AYES, "The business and education partnership between AYES schools and dealers has been a critically important venture in California since 1998, with more than 300 student interns entering this state's automotive dealerships and enhancing their future careers.

"It is through the cooperation of these dealers working with Ontario High School and ones like these across the state of California, along with our OEM partners and the California Motor Car Dealers Association, that we're able to place California students on the path to promising careers in automotive technology," said Cummings.

The AYES award recognition will be given to Ontario-area dealers that have participated in the AYES program by welcoming high school automotive technology interns from a local model automotive program at Ontario High School, Ontario, Calif.

"Our 425 high schools in 46 states provide not only a valuable education- to-career experience, but encourages all participating dealers to work with their local schools to enhance their businesses and communities," Cummings said.

Through affiliation with the nationwide AYES model, automotive student interns enter dealership service departments to gain first-hand knowledge of automotive technology careers.

About Automotive Youth Educational Systems (AYES)

AYES is a partnership among 10 participating automotive manufacturers, the National Automobile Dealer's Association (NADA), state Automotive Trade Association Executives, Departments of Education, local dealers, and over 440 selected local high schools/tech prep schools in 46 states. AYES' goal is to encourage quality students with a good mechanical aptitude to pursue careers in the fields of automotive service technology or collision repair/refinish, and to prepare them for entry-level positions or challenging post-secondary academic options. For more information, visit http://www.ayes.org/ .

Source: Automotive Youth Educational Systems

Posted by Frank at 11:27 AM

Overstock.com Cars Forms Alliance With Carfax

Addition of the Carfax Vehicle History Reports Will Assist Automobile Shoppers in Making a Well Informed Buying Decision When Visiting Overstock.com Cars

SALT LAKE CITY -- Internet retailer Overstock.com today began offering its online vehicle shoppers the opportunity to check a car's history.

Carfax Vehicle History Reports have been integrated into its newly developed Cars Program (http://cars.overstock.com/) and are available free to anyone shopping for a used car on the site. Overstock.com already boasts more than 450,000 new and used cars listed on its Web site.

"By teaming up with Carfax, we're now able to offer our customers a better automotive shopping experience," said Overstock.com CEO Patrick Byrne. "Anyone looking for their next used car through the Overstock.com Cars Program now can immediately access the vehicle's history report and see details such as mileage, service and especially, ownership history, which enhances our listings and helps our customers make smarter, faster buying decisions."

Overstock.com will also be identifying automobiles that have only had one previous owner by using the Carfax One Owner program. All vehicles with one previous owner will be recognizable by the one-owner icon next to the listing.

Overstock.com offers automobile shoppers a wide variety of vehicles to choose from by listing vehicles from new and used car dealers nationwide. Carfax was selected by Overstock.com as its vehicle history provider because Carfax is a recognized and trusted brand.

"We believe Carfax Vehicle History Reports should be available to consumers anywhere used cars are sold," said Larry Gamache, communications director at Carfax. "With more people shopping online than ever before, Carfax and Overstock.com are ensuring our customers that the information they need to buy with confidence is readily available with the simple click of a mouse."

About Overstock.com

Overstock.com, Inc. (NASDAQ:OSTK) (www.overstock.com) is an online "closeout" retailer offering discount, brand-name merchandise for sale over the Internet. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory liquidation distribution channel. Overstock.com, headquartered in Salt Lake City, is a publicly traded company listed on the NASDAQ Global Market System and can be found online at http://www.overstock.com/.

About Carfax

Millions of consumers rely on the most trusted provider of vehicle history information, Carfax, each year. Using the unique 17-character vehicle identification number (VIN) found on vehicle dashboards and title documents, Carfax instantly generates a detailed Vehicle History Report on any used car or light truck. Carfax Vehicle History Reports(TM) provide information that can impact a consumer's decision about a used car or truck. Carfax is a wholly-owned subsidiary of R.L. Polk & Co. For more information, visit www.Carfax.com.

Source: Overstock.com

Posted by Frank at 11:26 AM

Enterprise Rent-A-Car Supports National Arbor Day

One million trees to be planted as part of Enterprise Rent-A-Car's 50 Million Tree Pledge; Effort honors company's 50th anniversary

ST. LOUIS -- In celebration of its first 50 years in business, Enterprise Rent-A-Car joined forces last fall in an historic partnership with the National Arbor Day Foundation and the U.S. Forest Service to plant 50 million trees over the next 50 years in national forests in the United States, Canada, and Europe.

The first million trees were planted in Alabama, Oregon, Michigan, Colorado, California, and Canada. Now this partnership is marking National Arbor Day by announcing the locations where the next million trees will be planted:

-- Custer National Forest (Montana and South Dakota)
-- Lassen National Forest (California)
-- Sequoia National Forest (California)
-- San Bernardino National Forest (California)
-- Wallowa-Whitman National Forest (Oregon and Idaho)
-- Kamloops Indian Band Reserve (British Columbia, Canada)
-- Loch Lomond & the Trossachs National Park (Scotland)

"As our company marked its 50th anniversary, this was our way of saying thanks for our first 50 years by making a really meaningful and significant commitment for the next 50," said Andy Taylor, chairman and CEO of Enterprise Rent-A-Car. "We're excited to roll out the second installment on that pledge as we observe National Arbor Day. We are in this for the long haul, in keeping with our responsibility to help preserve the environment around us for future generations. We know that planting a million trees a year isn't a complete solution, but it's a solid step in the right direction."

In this partnership, Enterprise is funding tree plantings in forests where the trees have been damaged by fire, disease, and other causes, as well as rebuilding and preserving habitats for endangered species. The U.S. locations are selected by The National Arbor Day Foundation, with the trees planted by the U.S. Forest Service. Tree Canada works with the National Arbor Day Foundation to facilitate all Canadian plantings. In addition, this year the first European plantings of the program will take place with the development of a woodland area in Scotland.

"With last year's record-breaking number of forest fires, the Arbor Day observance is especially relevant this year," said John Rosenow, Founder and President of The National Arbor Day Foundation. "Thanks to this long-term partnership with Enterprise, we are able to react quickly to national forests that are in dire need."

Most planting projects for 2007 address the need for post-fire reforestation following last year's record-setting forest fires that destroyed more than 9 million acres of forests in the U.S. and Canada.

The U.S. Forest Service will work with local foresters to plant the one million trees over the next several months. Dale Bosworth, U.S. Forest Service Chief, said, "Arbor Day is the perfect time to help replant the hundreds of thousands of acres of ravaged forestland. We're grateful to Enterprise for their assistance in answering this critical need."

This announcement comes on the heels of a $25 million gift from Enterprise founder Jack Taylor and his wife Susan to create the Enterprise Rent-A-Car Institute for Renewable Fuels as part of a leading biofuel research center located in the Midwest.

"This 50 Million Tree Pledge, combined with our support of renewable biofuels research and other initiatives we are undertaking in our company operations, including the addition of hybrid vehicles in our fleet, are part of a long-term commitment to sustain our business by addressing the parts of the world that our business touches," said Taylor.

In October 2006, First Lady Laura Bush joined Enterprise Rent-A-Car Chairman and CEO Andy Taylor to announce the Enterprise Rent-A-Car 50 Million Tree Pledge. Last year's initial planting programs included post-fire reforestation projects in California, Colorado, Oregon, and British Columbia, as well as longleaf pine restoration in Alabama and creation of habitat in Michigan for the endangered Kirtland's Warbler.

For more information on previous and current planting projects, or more details on the 50 Million Tree Pledge, please visit http://www.arborday.org/enterprise or http://www.arborday.org/ and click on the Enterprise Rent-A-Car 50 Million Tree Pledge icon.

How The 50 Million Tree Pledge Works

This unique collaboration between The National Arbor Day Foundation, the U.S. Forest Service, and Enterprise Rent-A-Car brings together the best of three worlds:

-- Each year, The National Arbor Day Foundation -- a world-class non-
profit organization -- will identify a number of tree planting
projects throughout the U.S. and work with similar agencies to find
planting projects in Europe and Canada.
-- Enterprise, a corporate citizen committed to giving back, will fund as
many of these planting projects as possible -- totaling one million
trees each year, and will announce those projects in conjunction with
National Arbor Day each year.
-- The National Arbor Day Foundation will work with the U.S. Forest
Service, the public agency charged with protecting and preserving the
National Forests, which will plant the trees where they are needed
most.

About Enterprise Rent-A-Car

Founded in 1957, Enterprise-Rent-A-Car is headquartered in St. Louis and serves customers in the United States, Canada, the U.K., Ireland and Germany. Enterprise ranks No. 21 on the Forbes Top 500 Private Companies in America. Enterprise has ranked highest in customer satisfaction among airport car rentals in seven out of the past eight years, according to the J.D. Power and Associates Rental Car Satisfaction Study(SM). For more information about Enterprise, visit http://www.enterprise.com/ .

About The National Arbor Day Foundation

The National Arbor Day Foundation is a nonprofit, environmental education organization of nearly 1 million members, with a mission to inspire people to plant, nurture, and celebrate trees. More information on the Foundation and its programs can be found at arborday.org.

Source: Enterprise Rent-A-Car

Posted by Frank at 11:24 AM

Ohio Harley-Davidson Dealer Is 'Giving Away the Store' - Literally!

29db_1.jpgThe purchaser of a special motorcycle offered on eBay will also get Harley- Davidson of Youngstown's old store on Rte. 224 in Canfield ... free.

CANFIELD, Ohio -- Harley-Davidson of Youngstown will change both its name and its address when it moves into a new, state-of the-art location at I-80 and Rte. 46 in Austintown this summer. The new facility, to be known as Harley-Davidson Bike town, is in an area that has been designated as Bike Town, Ohio by Austintown Township Trustees.

Groundbreaking ceremonies, slated to take place next month, will showcase the many new amenities this new location will provide to Harley-Davidson enthusiasts. But in the meantime, Harley-Davidson of Youngstown owner Tom Wronkovich has a rather large detail to take care of: what to do with the building that presently houses the dealership on Rte. 224 in Canfield Township.

Wronkovich turned to Farris Marketing, his communications consulting firm, for advice on the best way to sell the building. Presdient/CEO George Farris, who has worked with developers for years, suggested he not sell it at all - but rather, give it away.

"I looked at him like he was crazy," said Wronkovich. Farris went on to explain his idea: give away the building to the first person who buys a special motorcycle the dealership is offering on eBay. Wronkovich says "I told George, 'That's beautiful man. Crazy ... .but beautiful.'"

The bike and building are up for purchase eBay (see link), and while Wronkovich is not expecting buyers to knock down the doors, he does think the publicity will help get the word out. "I don't care if anyone buys it through eBay," he says. "To us it's a statement. We are Harley-Davidson Bike Town. We are unlike any other dealership you've ever seen."

Harley-Davidson Bike Town will be located near Cracker Barrel Restaurant and next door to Quaker Steak and Lube Restaurant. The new building is four times larger than the current facility on Rte. 224.

Youngstown Harley-Davidson is already the area's largest dealer, and the soon-to-be Bike Town is expected to become a regional tourist attraction, bringing in new customers and business from surrounding states. It will host events and have special displays unique to any Harley Store, and will boost local hotel and restaurant business significantly.

Interviews available with Tom Wronkovich - call George Farris at (330) 782-8061.

About the bike and building being offered by Youngstown Harley-Davidson

THE MOST EXPENSIVE HARLEY-DAVIDSON IN THE WORLD
2007 Harley-Davidson FXDB Dyna Street Bob
-- standard Twin Cam 96" Engine
-- Race Tuner Kit
-- Screamin' Eagle Stage 1 Kit
-- Electronic Sequential Port Fuel Injection.
-- Black Denim paint
-- Bassani Pro-Street Slash Cut Pipes wrapped old-school style
-- Red Satin powder-coated wheels and hubs with Satin Black spokes
-- Satin Blacked-out engine, triple trees and front end
-- Black floating rotors (front/rear)

FREE WITH PURCHASE:
Youngstown Harley-Davidson building!
-- Prime retail real-estate location on Rte. 224 in Canfield Township,
Ohio
-- 25,000 square feet on over 1.9 acres of land
-- Daily pass-by traffic: 38,000+ cars
-- Perfect for retail business or offices

Source: Harley-Davidson of Youngstown

Posted by Frank at 11:20 AM

Fleetwood Introduces 2008 Tioga Ranger and Jamboree Sport Class C Motor Homes

flduca.jpg

RIVERSIDE, Calif. -- Fleetwood RV, a leading manufacturer of recreational vehicles, today announced the nationwide launch of the brand new 2008 Tioga Ranger and Jamboree Sport value-priced Class C motor homes. With the launch of these full-featured motor homes, Fleetwood enters a growing segment of the Class C marketplace.

With four initial floor plan offerings, ranging from 25 to 31 feet, the 2008 Tioga Ranger and Jamboree Sport offer RVers the flexibility and convenience to accommodate a variety of sleeping capacity needs.

Exterior construction highlights include one-piece molded fiberglass front-end cap, high-gloss fiberglass sidewalls, and steel powder-coated running boards and rear bumper.

"The 2008 Tioga Ranger and Jamboree Sport are affordable Class C motor homes that offer consumers all the quality and convenient features they have come to expect from Fleetwood," said Paul Eskritt, Executive Vice President of Fleetwood's RV Group. "We are confident that these new value-priced motor homes will raise the bar for this price segment."

The clever design on the Tioga Ranger and Jamboree Sport creates ample space with 82" interior ceiling heights, tall overhead bunks with room to sit-up, and multiple lighted pass-thru storage compartments. Standard features include raised-panel hardwood cabinet doors, fully appointed bathroom with residential-style sink and faucet, roomy kitchen with large stainless steel galley sink, and three-burner stove with oven and microwave. A 19" LCD widescreen color television is available as an option.

Backed by Fleetwood's one year bumper-to-bumper warranty, pricing on the 2008 Tioga Ranger and Jamboree Sport starts around $61,500. For more information call 1-800-322-8216 or visit www.fleetwoodrv.com.

About Fleetwood Enterprises

Fleetwood RV is a division of Fleetwood Enterprises, Inc. (NYSE:FLE) , a leading manufacturer of recreational vehicles and a leading producer of manufactured housing, through its subsidiaries. Fleetwood's recreational vehicle line includes motor homes, travel trailers, fifth wheels and folding trailers. Fleetwood RV products are distributed through a nationwide network of more than 1,200 dealers. For more information on Fleetwood Enterprises, visit our website at www.fleetwood.com.

Source: Fleetwood Enterprises, Inc.

Posted by Frank at 11:18 AM

Turtle Wax and Funkmaster Flex Partner for 6th Annual Custom Car & Bike Tour

Tour Brings Customized Rides to Nine Cities in 2007

CHICAGO -- Funkmaster Flex and Turtle Wax are renewing their partnership to reach out to urban audiences across the U.S. Turtle Wax is again sponsoring the Sixth Annual Funkmaster Flex Custom Car & Bike Tour, showcasing one-of-a-kind customized cars.

The elite vehicles on the tour compete in a variety of categories ranging from overall showmanship to domestic and specialty awards. The tour kicked off on March 19 in Toronto and runs through the summer, culminating in Atlanta in September.

"The Car and Bike Tour is a great way to showcase some unique customized rides," Flex said. "We bring these one-of-a-kind cars and bikes to cities where fans of customization can see the latest techniques and check out the latest trends. Turtle Wax is an ideal partner for this tour because they are focused on finding innovative ways to keep cars and bikes looking their best - - just like customizers."

"Turtle Wax is proud to renew our partnership with Funkmaster Flex for the 2007 tour," said Turtle Wax CEO Denis John Healy. "Flex is well respected for his work customizing and restoring automobiles and is a great ambassador to urban audiences."

Funkmaster Flex is one of America's top radio personalities and has rapidly become a top source in customizing and restoration. Flex can also be seen on ESPN2's Car Wars reality show which gives four car enthusiasts six weeks to customize their cars and compete for a cash prize. The Turtle Wax sponsored series allows Flex to connect directly with car enthusiasts and other customizers.

Upcoming Stops on the 6th Annual Funkmaster Flex Custom Car & Bike Tour:
May 6 Louisville, KY
June 23 Edison, NJ
July 21 Hartford, CT
Aug. 4-5 Ocean City, MD
Aug. 12 Pomona, CA
Aug. 18-19 Myrtle Beach, SC
Sept. 15-16 Atlanta, GA

About Turtle Wax

Turtle Wax(R) is the No. 1 selling brand of car care products in the world with sales in 90 countries. Founded more than 60 years ago in Chicago, the company is recognized for manufacturing environmentally-friendly appearance and performance car care products for the retail consumer market and the commercial car care and professional detailing industries.

Source: Turtle Wax

Posted by Frank at 11:13 AM

Toyota Names New Texas President

ERLANGER, Ky. -- Toyota Motor Engineering & Manufacturing North America, Inc., today announced that Kenji Fukuta will become the new president of Toyota Motor Manufacturing, Texas, Inc. (TMMTX) effective Tuesday, May 1, 2007.

Current TMMTX president Hidehiko "TJ" Tajima will return to Japan for his new assignment at Toyota Motor Corporation as General Manager of Corporate Social Responsibility, Environmental Affairs Division. As TMMTX's president since October 2003, Tajima successfully oversaw planning and construction of Toyota's sixth vehicle manufacturing plant in North America. In November 2006, TMMTX began assembly of the next-generation Toyota Tundra pickup truck.

Fukuta, who is a 20-year Toyota veteran, comes to TMMTX as former General Manager at Toyota's Tsutsumi plant in Japan, which produces the Prius, Camry and Scion tC vehicles.

TMMTX employs 2,000 team members and has the annual capacity to produce 200,000 Tundras.

Source: Toyota

Posted by Frank at 11:12 AM

Toyota Uses New Soliant Fluorex Bright Film for Styling & Environmental Benefits

LANCASTER, S.C. -- Soliant created a new Fluorex bright film for the Toyota Avensis brand name to be molded into the doorstep enabling it to be completely decorated and molded in polypropylene.

Soliant Fluorex bright film also enables the Toyota brand name 'Avensis' to be recessed with a decorative and stylish brushed chrome appearance across the entire doorstep surface as the part is molded.

"Fluorex bright film enables more value for OEMs and tier-1 suppliers via streamlined processing, assembly and making recycling of the 100% polypropylene part easy," said Richard Taylor, Commercial Manager for ecomold ltd., based in Scunthorpe, UK., who is moulding the part for Toyota. "The previous doorstep molding required assembling of the Avensis nameplate on the doorstep making recycling difficult," continues Taylor.

Soliant Fluorexbright film is supplied as a decal to ecomold ltd. A specific IMD (Injection Molding Decorating) tool is used to mold the flat decal in the correct shape. The Toyota "Avensis" brand name is pressed into the film. The narrow gap between the chrome appearance and the PP (Polypropylene) resin provides a high quality look.

Soliant Fluorex bright film offers additional environmental benefits as it enables a chrome-like finish without the hazardous effects of electroplating. Automakers, consumers and the environment all benefit as use of Soliant Fluorex bright film and paintfilm also encourages the use of lighter weight materials on automotive vehicles which results in better fuel economy. Soliant won the Environmental Award in the "Emerging Technologies" category at SPE-GPEC 2006 (- Global Plastics Environmental Conference), for their paint film process.

Soliant Fluorex bright film and paintfilm is gaining popularity amongst automakers looking to improve vehicle exterior quality and appearance with more durable finishes. Gravelometer laboratory tests and field tests show that paintfilm is much more chip resistant and weather resistant than paint. This gives automakers more value and less warranty issues.

In addition to offering greater durability, Soliant Fluorex(R) paintfilm is also driving major manufacturing cost saves. An immediate cost save results as automakers save a step in the manufacturing process as paintfilm parts are finished right out of the mold. Soliant Fluorex(R) bright film and paintfilm are compatible with extrusion, thermoforming, injection molding and compression molding enabling multiple parts to be processed with one film. The versatility of Soliant Fluorex(R) bright film and paintfilm also gives automakers the ability to achieve multiple looks and decorating options with the same tool and process. The biggest cost save results in new plants as there is no need to install or maintain a painting facility which can be millions of dollars. Further cost saves result as there are also no environmental compliance issues.

Soliant LLC is headquartered in Lancaster, South Carolina with sales offices in Detroit and The Netherlands. The company has an R&D facility in Lancaster that is developing products to meet growing market demands and to support customers.

Source: Soliant, LLC

Posted by Frank at 11:10 AM

Stealing time in the carpool lane

Every weekday, thousands of Bay Area drivers flout the law, thumb their noses at fellow motorists and risk hefty fines to shave time off their commutes.

Carpool lane cheaters -- drivers who don't have enough passengers to qualify for access to the lanes but use them anyway -- have become so commonplace that they're clogging some diamond lanes, slowing the trip for those who pile a couple of passengers into their cars. Caltrans data show that carpool lane cheaters have become more common as traffic has worsened over the past five years.

"They usually don't have anyone or anything in their cars -- it's just one person,'' said Joyce Holter, a solo driver who commutes on Interstate 80 between Richmond and Berkeley in the regular traffic lanes. "They're really brazen. It's amazing.''

In response to complaints, state Sen. Abel Maldonado, R-Santa Maria (Santa Barbara County), has proposed legislation that would set up a hot line and Web site for motorists to tattle on carpool lane cheaters. Those cheaters would receive a warning letter. The bill, SB889, passed the Senate Transportation Committee this week.

Posted by Frank at 11:09 AM

S.F. taxi company goes green

A new taxi company -- Green Cab -- has started hauling passengers around San Francisco, and it's name refers not only to the snazzy paint job on its cabs but their vow to drive only hybrid and alternative-fuel vehicles.

Launched this week with just a single Toyota Prius in its fleet, Green Cab is a worker-owned company founded by eight San Francisco cabbies. Within five months, they expect to have at least five cabs on the streets.

"And then we expect to grow from there,'' said Mark Gruberg, one of the owners.

While Green Cab is open to using alternative-fuel vehicles, including those that run on compressed natural gas or biodiesel, practicality and the desire to maintain the cleanest vehicle fleet possible have it focusing on high-mileage hybrids.

"There are two principles we feel most strongly about -- having a driver-run company and having an environmentally responsible company,'' he said.

The inaugural Green Cab was getting 41.4 miles per gallon on Wednesday. That compares to about 12 mpg for a Ford Crown Victoria, the typical San Francisco taxi, Gruberg said. In addition to benefiting the environment, the use of gasoline-sipping cabs also benefits taxi drivers since they pay for fuel themselves.

Posted by Frank at 11:09 AM

Rapper-actress Eve arrested for possible DUI

LOS ANGELES -- Rapper-actress Eve was arrested for investigation of driving under the influence after she crashed a Maserati in Hollywood, California, early Thursday.

The crash occurred about 2:45 a.m. on Hollywood Boulevard, said police Officer Martha Garcia. Eve, whose full name is Eve Jeffers, submitted to testing to determine her blood alcohol level, but the results weren't immediately available, Garcia said.

Eve was booked on misdemeanor drunken driving and posted $30,000 bail. She is scheduled to return to court May 17.

Posted by Frank at 11:08 AM

April 26, 2007

Chrysler Jeep Superstores Sponsor 17th Annual Neighborhood Cleanup

Free Flowers for North Pointe Residents Friday, April 27, 2007 as Part of Highland Park Clean Up Program

North Pointe Neighborhood Association Spring Clean Up & Beautification Project

HIGHLAND PARK, Mich. -- The 17th annual Highland Park North Pointe Neighborhood Spring clean up campaign is underway with help from Bill Snethkamp Chrysler Jeep/Corporate Fleet Services as part of the Neighborhood Spring Clean up and Beautification Project.

North Pointe residents can stop by Bill Snethkamp Chrysler Jeep on Friday, April 27th from 8 a.m. to 5 p.m. and pick up free spring flowers while supplies last.

"We have a long standing basic belief that started with my grandfather in the value of reinvesting in your community," said Mark Snethkamp, President, Snethkamp Automotive Family. "The Highland Park community has been good for us, for our employees and for our customers for four generations."

The North Pointe Neighborhood Spring Clean Up & Beautification Project provides North Pointe residents with access to four dumpsters conveniently located on John R Street, Brush Street and Candler Street. These dumpsters will aid residents in clearing the neighborhood of building materials, refuse, liter and other trash.

"We are proud be a part of this community and take great pride in preserving our neighborhood," said Snethkamp.

North Pointe residents with proof of residence in North Pointe area can pick up flowers at the dealerships service entrance on Stevens Street. The North Pointe Neighborhood is bounded by Woodward Avenue to Oakland Street and McNichols Road to Ferris Street.

Bill Snethkamp Chrysler Jeep is located at 16400 Woodward Avenue, Highland Park, MI 48203, 313-868-3300, http://www.snethkamp.com/.

Source: Chrysler Jeep Superstores

Posted by Frank at 11:18 AM

Production begins at Ford Chinese Joint Venture

fochpr.jpgFord, Mazda and Changan Automotive Group Partner to Create One of the Largest and Most Modern Engine Manufacturing Facilities in China

NANJING, CHINA, April 26, 2007 -- Volume production officially kicked-off today at Ford Motor Company's new joint venture engine production facility, Changan Ford Mazda Engine Company Ltd. (CFME), in Nanjing, China.

The first BZ series engines rolled off the production line at CFME, representing the latest strategic deployment by Ford Motor Company to enhance its competitiveness and continue its rapid expansion in the world's fastest growing major automotive market.

CFME is one of the largest and most modern engine manufacturing plants in China, with a massive 350,000-unit annual production capacity that will supply production operations for Ford and Mazda vehicles in China.

The state-of-the-art manufacturing facility consists of three major plants for casting, machining, and assembly. Five key components of the motor are being manufactured on-site, including the cylinder block, cylinder head, crankshaft, camshaft, and connecting rod.

The US$312.5 million facility is a joint venture between Ford, Mazda and China's Changan Automotive Group, with Changan holding a 50 percent share and Ford Motor Company and Mazda Motor Company holding 25 percent each.

“CFME represents a critical progression in Ford Motor Company's long-term vision and growth strategy for the China market, and keeps us on track to becoming one of the key players in the world's second largest automotive market,” said Mr. Mei-Wei Cheng, chairman and CEO of Ford Motor (China) Ltd.

“This world-class facility and its state-of-the-art production technologies will push the industry benchmark higher in China, and help bolster the future development and expansion of Ford Motor Company and our partners in the China market," commented Cheng.

Executives representing the three CFME partners signed a joint venture agreement in April 2005, and then five months later broke ground for the plant, which is located in Nanjing's Jiang Ning Economic and Technological Development Zone.

CFME’s BZ series engine is one of the world’s finest engines, embodying the latest engine designs and manufacturing techniques from Mazda. The BZ series engine adopts a modern aluminum cylinder head and block, intake VCT (variable cam timing), plastic intake manifold, TSCV (tumble swirl control valve), and multi-point electronic fuel injection. All of these features significantly improve engine performance, adding more power and better fuel economy, reducing exhaust and noise, as well as exceeding Chinese government standards.

CFME expects to introduce additional Ford and Mazda engine series into production as its future volume utilization expands.


Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., U.S.A., manufactures and distributes automobiles in 200 markets across six continents. The company’s automotive brands available in the China market include Ford, Jaguar, Land Rover, Lincoln, Mazda, and Volvo, as well as automotive-related services that include QualityCare, and Ford Credit via Ford Automotive Financing (China) Co., Ltd. (FAFC).

Ford’s history in China can be traced to 1913, when the first Model T was imported and sold in Shanghai. In 2001, a joint venture was formed with Changan Automotive Corporation Ltd., called Changan Ford Automobile Corporation Ltd. (Changan Ford). With an investment from Mazda in March 2006, the company was restructured and renamed as Changan Ford Mazda Automobile Co., Ltd. (CFMA). Additionally, Ford owns a 30 percent share of Jiangling Motors Corporation Ltd., which produces the Ford Transit commercial vehicle.

Changan Automotive Corporation Ltd, Ford Motor Company and Mazda Motor Company's three-way engine plant joint venture - Changan Ford Mazda Engine Company Co., Ltd., started volume production on April 26, 2007. Changan Ford Mazda Automobile's second passenger car plant in Nanjing is scheduled to go online before the end of 2007.

Posted by Frank at 10:42 AM

Toyota Launches Literacy Program for Hispanic and Immigrant Families in Wichita

Contributes $3 million to Expand Program to Five Additional Cities Nationwide

Wichita -- Toyota today announced that three Wichita elementary schools will be among the newest sites for its successful Toyota Family Literacy Program (TFLP). TFLP – the first nationwide program of its kind to focus on the needs of Hispanic and other immigrant families – is coordinated by the National Center for Family Literacy (NCFL), the country's leading advocate for family literacy.

Toyota has contributed $600,000 to fund the program at Park Elementary School, Colvin Elementary School and Stanley Elementary School. These there schools have an average of nearly 50 percent Hispanic student enrollment.

TFLP – which got its start in 2003 and is now functioning in 10 cities across the U.S. – aims to increase basic language and literacy skills among Hispanic and other immigrant families, and provide parents with the skills they need to help their children succeed in school. The program specifically serves children in kindergarten to third grade and their parents. TFLP is unique in that it incorporates NCFL's multicultural family literacy model, which combines key components including: ESL courses, early childhood education, parenting education, Parent and Child Together (PACT) activities, and computer-literacy instruction. Toyota has donated $26 million to the program since its inception.

In addition to the launch at these three schools, the funding will allow NCFL to provide comprehensive support for training, educational materials and assistance at each site. Wichita State University and Wichita Public Schools are working hand-in-hand with NCFL to implement the family literacy program.

Along with Wichita, four other cities are part of the latest expansion of the Toyota Family Literacy Program: Chula Vista, Calif.; Winston-Salem, N.C.; San Antonio, Texas; and Orlando, Fla. A total of 155 school districts submitted applications for the five spots, all vying for part of the overall $3 million grant from Toyota.

"The growing Hispanic population in Wichita has created a need for high-quality programs to support families in need," said Donald L. Beggs, president, Wichita State University. "The Toyota Family Literacy Program encourages parental involvement in the public schools that can lead to better outcomes for young children," he added. "Educating children in our elementary schools who speak English as a second language has been a major challenge for educators. Improving their outcomes through high-quality programs is a worthy goal."

"The Toyota Family Literacy Program addresses two of the most critical factors in student success -- strong literacy skills and meaningful parental involvement," said Winston Brooks, superintendent, Wichita Public Schools. "Non-English speaking parents at Park, Colvin and Stanley elementary schools have the opportunity to increase their language skills, while at the same time becoming more involved in the education of their children both at school and at home. The commitment of this program to empower parents to help themselves and their children is tremendous."

Early results from cities where TFLP has already implemented include:

• Significant literacy gains by adults, the majority of which improved their literacy scores by one or more levels
• Ratings for children in the program that exceeded peers in areas including academic performance, motivation to learn, attendance, classroom behavior, involvement in classroom activities, and other areas
• 70% of participating families holding a library card by the end of the first year
• Waiting lists at the majority of program sites due to high demand

"Partnering with Toyota, NCFL has nurtured a proven formula of research and delivery of family literacy services that not only works for the participants, it works for the betterment of the communities," said Sharon Darling, president and founder of NCFL. "And, we're proud to say, our path to success here in Wichita has been set by the impressive gains made by thousands of TFLP participants in family literacy programs throughout the nation."

"As we expand the successful Toyota Family Literacy Program into communities across the country, we continue to hear the tremendous success stories from thousands of families in diverse communities," said Patricia Pineda, group vice president, legal, philanthropy and administration at Toyota Motor North America. "We're thrilled to partner with NCFL to bring the program to Wichita and we look forward to making even more positive and lasting contributions to students and families."

ABOUT NCFL
The National Center for Family Literacy was established by Sharon Darling in 1989 with a grant from the William R. Kenan, Jr. Charitable Trust. For the past 17 years, NCFL has pioneered educational initiatives that open pathways to continuous life improvement for the nation's most at-risk children and families. The organization has supported more than 150,000 teachers and thousands of volunteers, leading to positive gains for more than 1 million families. To learn more, call 1-877-FAMLIT-1 or visit www.famlit.org.

Posted by Frank at 10:40 AM

GM Sponsors U.S. Department of Energy National Science Bowl

Students will test-drive their fuel cell know-how in a model car challenge

WASHINGTON – General Motors will introduce hydrogen fuel cell vehicles and other advanced technologies to more than 300 high school students as part of its sponsorship of the U.S. Department of Energy’s National Science Bowl, April 26-30, at the National 4-H Center in Chevy Chase, Md.

In addition to the academic competition, students will be given the opportunity to build and race a model fuel cell car and attend presentations by well-known scientists on current topics in math and science.

GM subject matter experts will provide on-site expertise during the fuel cell model car challenge and will also oversee a ride and drive event featuring GM’s HydroGen3 fuel cell vehicle. This vehicle is and has been used in demonstration projects around the world to test its capabilities in real-world conditions. Students will also hear from researchers about their work, ranging from neuroscience to theoretical physics, and 32 high school teams will compete in a hydrogen fuel cell model car challenge.

“GM is committed to supporting these kinds of opportunities for students to learn more about advanced technology,” said Elizabeth A. Lowery, GM vice president, Environment, Energy and Safety Policy. “As we move closer to a hydrogen economy, it is important that we educate our future engineers and scientists about how fuel cells will redefine mobility.”

Since the DOE’s National Science Bowl® began in 1991, more than 100,000 high school science and mathematics students – and their teachers – have participated. Competing teams are quizzed on biology, chemistry, physics, astronomy, earth science, general science and mathematics. Many participating students have gone on to careers in scientific fields. This year’s top three teams will win prizes including scientific research trips to Australia, France, and U.S. DOE laboratory sites. For more information on the DOE’s National Science Bowl, visit http://nationalsciencebowl.energy.gov.

GM is also a lead sponsor of the DOE National Middle School Science Bowl, which will be held in Golden, Colorado, from June 21-24, 2007.

Posted by Frank at 10:34 AM

Ford Motor Credit Earns $193 Million in the First Quarter

DEARBORN, Mich. -- Ford Motor Credit Company reported net income of $193 million in the first quarter of 2007, down $55 million from earnings of $248 million a year earlier.

On a pre-tax basis from continuing operations, Ford Motor Credit earned $294 million in the first quarter, compared with $382 million in the previous year. The decrease in earnings was more than explained by higher borrowing costs and higher depreciation expense for leased vehicles. The non-recurrence of losses related to market valuation adjustments from non-designated derivatives was a partial offset.

"Our first quarter results, which reflect costs associated with transforming our North American operations, are in line with our expectations," said Mike Bannister, chairman and CEO.

"By month's end, we will have integrated nearly half of our branch offices into our regional business centers, which are originating new contracts consistent with our non-integrated branches. At the same time, our collection efforts within the regional business centers continue to perform well."

On March 31, 2007, Ford Motor Credit's on-balance sheet net receivables totaled $136 billion, compared with $135 billion at year-end 2006. Managed receivables were $147 billion, compared with $148 billion on December 31.

Source: Ford Motor Credit Company

Posted by Frank at 10:30 AM

Bend It, Shape It: ACDelco's New UNICOIL Hose Bending Product

X07MS_PA001.jpgProvides Timely Solution, Helps Reduce Inventory

GRAND BLANC, MICH. - Not having the right automotive part in stock can delay vehicle service, frustrating both motorists and repair shop owners. ACDelco is introducing a new product to its belts and hoses line that enables installers to bend a straight hose into any shape up to 90 degrees, allowing for faster, more efficient repairs.

ACDelco's UNICOIL product is a timely solution for automotive technicians when a custom molded hose isn't available. It helps reduces inventory requirements for service centers, while providing a solution for custom applications.

"ACDelco UNICOIL is not just a temporary fix," said Chris Vermette, ACDelco product specialist for belts and hoses. "It's meant to last as long as the hose itself. It's made of stainless steel, so it helps resist rust."

The patented UNICOIL hose bending coils require no special tools or equipment and can be used on stock heater hoses, fuel line hoses, fuel injection hoses and transmission oil cooler hoses. UNICOIL is available in seven different sizes up to one inch in diameter and fits most vehicle models.

"It's a very relevant product for installers," Vermette said. "They typically don't carry a lot of hose products because there are just too many part numbers. But the seven diameters of UNICOIL and the equivalent bulk hose can provide excellent coverage with just a minimum number of SKUs."

Bob Wills, owner of Wills Auto Service in Battle Creek, Michigan, and an ACDelco Total Service Support (TSS) member, has had first-hand experience with the UNICOIL product.

"We first tried it on an older vehicle -- an '85 or '86 Camaro -- and it worked great," Wills said. "If you need a specific molded hose with two different angles in it, there's virtually no reason you can't use UNICOIL because it holds the hose right in place without collapsing it.

"It's really a 'no-brainer,'" Wills added. "UNICOIL can bail you out of a jam if you're out of a specific part. Or, if an installer doesn't want to have a lot of inventory or if he doesn't have a parts distributor nearby, it'll do the job."

For more information on the UNICOIL products, contact your local ACDelco Warehouse Distributor. ACDelco markets quality parts for Ford, Chrysler, Toyota, Nissan, Honda, GM and most vehicles on the road today. To find an ACDelco parts retailer near you, log on to acdelco.com or call 1-800-ACDelco.

Posted by Frank at 1:14 AM

Volkswagen named one of most respected Gen Y brands

AUBURN HILLS, MI – Volkswagen of America, Inc. is pleased to announce that it is considered among the "Top 12 Most-Respected Generation Y brands" according to a recent study by Outlaw Consulting, a San Francisco-based research firm that follows the habits of 21- to 27-year-olds.

The list is published in the April 19 issue of Women’s Wear Daily. The list, reports that Generation Y knows about being fashionable yet economical, considers itself interesting yet simple and views Volkswagen as a top trendsetting brand.

In a generation of consumers that prides themselves on the Goonies, Nintendo and Cabbage Patch Kids, this age group, according to WWD, also represents "young, environmentally conscious consumers." Driving cars from the Jetta to the Passat, Gen-Yers relate to Volkswagen’s green initiatives and its "Fun to Drive" motto, yet value the affordability and approachability of the brand the most. Gen-Yer's respect a brand that is "clean and simple" yet "continues to keep things fun," said strategic analyst Holly Brickley from Outlaw Consulting, the creative research firm who compiled the results.

Adding to its reputation as a Generation Y brand, Volkswagen has initiated several lifestyle endeavors in order to align the brand with Gen-Yers. VW developed exclusive style accessories for its new Eos convertible, designed by top fashion and home accessory designers including Lutz and Patmos and Hable Construction. Playing along with Gen-Yer’s passion for music, VW partnered with First Act guitars to create the GarageMaster electric guitar, which brought rock and roll to the hands of the consumer by allowing them to plug directly into select VW vehicles and have a concert wherever they pleased. These irreverent initiatives attest to the "authenticity of Volkswagen" - something, according to Outlaw, is well respected by Generation Y.

"These are the top brands whose values align with those of the generation - in their core philosophy, they really get what youth is about, and therefore are viewed by Gen-Yers as authentic and real, in terms of who they are and what they're trying to achieve," said Barbara Bylenga, Outlaw's president.

BusinessWeek defines Generation Y as "One of the most watched age groups because it's among the largest - almost three times the size of Generation X." And, in a generation with cell phones, music downloads and Instant Messaging on the Internet, it's "refreshing to have a company that is authentically cool, more so than trying too hard to be hip and edgy," according to Outlaw.

Posted by Frank at 1:12 AM

Nissan Pioneers the Second Life Universe with Unique Innovations

All-New 2007 Nissan Altima Launches in Second Life Using Hands-On Technology to Fully Engage Consumers

NASHVILLE -- Today, Nissan North America, Inc. announced a ground-breaking collaboration with its partner The Electric Sheep Company, the leading creator of 3-D virtual world content and solutions. Through their novel efforts, Nissan will be the first automotive company to provide Second Life residents access to the open-source codes used on the Altima Island contraptions.

The Altima "Scriptyard" and contraptions were created by master builders Kage Seraph, Kanker Greenacre, and Calum Clifton; three renowned Second Life scriptors, one of whom was recently nominated at Linden's Extraordinary Avatar Exposition for the "2006 Metaverse Notable Avatar" award. Designed to engage and entertain both expert and novice gamers, Nissan will be sharing the secrets to their extremely sophisticated codes so all levels of gamers can learn from the best scriptors in the field and in turn, build their own designs.

"Nissan wanted to provide the Second Life community with a unique, hands- on experience," says Steve Kerho, director of interactive marketing & media, NNA. "By sharing these open-source codes with everyone, we've given them the opportunity to learn and interact more in Second Life and ultimately, within Altima Island."

Visitors to the Altima Island are first greeted with an impressive 20- story monolith, crowned by a flying Nissan Altima. Encircling the monolith are six clever contraptions based on the 2007 Nissan Altima's unique features. For example, Second Life gamers can experiment with the Xtronic CVT(TM) Avasphere -- a smooth-peddling, all-terrain hamster ball inspired by Altima's virtually gearless Xtronic CVT(TM) (Continuously Variable Transmission). They also can drive a replica of the Altima above the island on a special gravity- defying Nissan Sky Track.

"The new Altima Island is an automotive amusement park for all types of avatars," says Giff Constable, founder of The Electric Sheep Company. "Each contraption was purposely built to transport avatars into a mesmerizing world that perfectly balances pseudo- and real-world features."

Nissan Altima Island arrives as a follow-up to Nissan's successful launch of the popular Sentra Island -- known for its vending machine, loop-de-loop and driving simulators -- where over 20,000 virtual Nissan Sentras have been obtained to-date.

About the Next Generation Nissan Altima

The Next Generation Nissan Altima offers Nissan's advanced Xtronic CVT (TM) (Continuously Variable Transmission), a choice of the award-winning VQ- series 3.5-liter V6 or powerful 2.5-liter inline 4-cylinder engines, and a long list of technology and comfort features -- including standard Intelligent Key with Push Button Ignition, available Bluetooth(R) Hands-Free Phone System, Bose(R)-developed audio system with nine speakers, dual-zone automatic temperature control, RearView Monitor and a voice activated touch-screen navigation system with real time traffic updates.

About Nissan North America

In North America, Nissan's operations include automotive design, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. More information on Nissan in North America and the complete line of Nissan and Infiniti vehicles can be found online at http://www.nissannews.com/.

Source: Nissan North America

Posted by Frank at 1:08 AM

Can Car Journeys are Save Relationships?

LONDON -- The Battle between work and family life is taking its toll on British women as nearly a million women(x) claim they spend less than 10 minutes a day talking to their partners, new research reveals today.

According to the Couples' Car Chatter Report by female-friendly insurer, Sheilas' Wheels, one in five (19%) time-poor, modern women admit to resorting to texting their partners as a means of communicating rather than face to face contact, while 11% rely on hastily written post-it notes and emails (7%) to keep their relationships alive due to the fast pace of modern living lifestyles and pressures of juggling home, work and social life.

And when couples do get to talk, it's typically about the family (91%), sharing out household chores (75%) and complaining about the mounting pressures at work (74%). Couples admitted giving the least amount of attention to the state of their relationship (37%) - which was at the bottom of the list.

So it's hardly surprising that two in five of the women polled (41%) say not finding time to talk is putting a serious strain on their relationship whilst over a third (36%) find it impossible to pin their partners down, according to the report.

That's why trips out in the car - when couples are forced to spend uninterrupted time with one another - are rescuing some relationships from ruin.

More than 40% of time-poor females say they save up deep and meaningful conversations with their partner for when they are travelling alone in the car. Over 71% believe being behind the wheel is the perfect place to talk about 'bigger' issues as there are fewer distractions.

Richard Williams, independent psychologist, says: "In our society we are all bombarded by constant demands, leaving little spare time to nurture relationships. A relationship can't be just left to run without input from both partners, it needs to be tended in order to flourish. This means time together without pressures is essential. The car can be a much needed capsule that provides the environment for healthy emotional intimacy."

Jacky Brown, spokesperson for Sheilas' Wheels, adds: "Couples no longer seem to have time to sit down and talk to each other. The strain of long working days coupled with constant juggling is having a big impact on modern relationships.

"As a result, the car seems to be one haven where couples can chat with one another and discuss their relationship without too many distractions and for a decent length of time. This is a time when traffic jams come in handy! But of course it's key to concentrate on the road and avoid arguments at all costs."

The top ten topics women talk about with their partner are:

- 91% The family

- 75% Household chores/tasks

- 74% Work

- 71% Finances

- 70% Friends

- 61% Planning social diaries

- 59% Current Affairs

- 55% Gossip

- 51% Planning holidays

- 37% Their relationship

Note:

(X)Sheilas' Wheels commissioned YouGov to speak to 824 female drivers during April 2007. (Couples' Car Chatter Report)

- Source ONS: 23,535,200 adult women in the UK

- Calculation:

23, 535, 200 x 74% (percentage of woman in a relationship) = 17,416,048

17,416,048 x 5% (percentage of women who speak to their partner for under 10 minutes) = 870,802

Sheilas' Wheels: Sheilas' Wheels was launched in October 2005 to offer women drivers cheaper car insurance and product enhancements including GBP300 handbag cover - for bags stolen from the car (comprehensive cover only) - competitive breakdown recovery rates, a dedicated counselling line run by trained professionals to help customers cope with driving issues such as road rage (comprehensive cover only), and a network of female-friendly repairers. www.sheilaswheels.com and www.ilovesheilas.com.

Source: Sheilas' Wheels

Posted by Frank at 1:04 AM

SPEED Names Voda to Host Network’s NASCAR All-Star Challenge Coverage

06Voda.jpgDarrell Waltrip, McReynolds and Joy in the Booth

CHARLOTTE, N.C. -- Krista Voda will host SPEED’s inaugural coverage of the NASCAR NEXTEL All-Star Challenge on May 19 at 7 p.m. ET from Lowe’s Motor Speedway in Charlotte.

“This is bigger than front row tickets to a Bon Jovi concert!” said Voda, who also hosts NCTS Set-Up, the NASCAR Craftsman Truck Series pre-race show on SPEED, as well as serving as a pit reporter for NASCAR Nextel Cup Series races on FOX in 2007. “The All-Star event is all about intensity … blink and you miss something. Every moment is adrenaline-filled and action-packed. No points, no money and the best drivers in NASCAR … there isn’t anything else like it.

“I worked with Jeff (Hammond) on the old Totally NASCAR show, so I am excited about being paired with him again on this,” Voda added. “I will be playing off of his energy and definitely bringing some of my own. I couldn’t be more thrilled about this opportunity … I’m really psyched.”

Darrell Waltrip, Larry McReynolds and Mike Joy will be in the SPEED booth for the NASCAR NEXTEL All-Star Challenge, with Voda and Hammond providing commentary. John Roberts will emcee All-Star driver introductions and Steve Byrnes and Dr. Dick Berggren will report from the All-Star pits.

“SPEED has put together an all-star broadcasting team for what will be the most high-profile event in the network’s history,” said SPEED President Hunter Nickell. “If the fans voted for an all-star television team, every single member of this crew would be on it … each and every one of them is familiar with the history of the event, the players in the game and the stories behind the stories.”

The popular NASCAR RaceDay team of Roberts, Jimmy Spencer, Kenny Wallace and Wendy Venturini will deliver a three-hour NASCAR NEXTEL All-Star Challenge pre-race program beginning at 4 p.m. ET, with the team wrapping things up on NASCAR Victory Lane at 11 p.m. ET.

“For a lot of reasons, SPEED landing the NASCAR NEXTEL All-Star Challenge is huge,” said Dave Despain, who will host five All-Star Spotlight specials and a special 90-minute All-Star edition of Wind Tunnel on May 16 at 7 p.m. ET. “On the business side, it's about credibility and competition and all sorts of things that mean a lot to the network. But over on the fan side, it's all about fun. The All-Star race is big fun and I'd like to think SPEED's coverage will deliver more fun per lap than ever before.”

For the NASCAR NEXTEL Pit Crew Challenge, scheduled to air on SPEED on May 19 at 12:30 p.m. ET, Steve Byrnes and McReynolds will call the event, with Hammond and Bob Dillner reporting.

With both McReynolds and Hammond participating in the inaugural Kobalt Tools Crew Chief Race on May 19, SPEED regular Bootie Barker will join Darrell Waltrip and Joy in covering the wrenchers piloting Thunder Roadsters on the Lowe’s Motor Speedway quarter-mile oval as part of NASCAR RaceDay.

SPEED is the nation's first and foremost cable television network dedicated to motor sports and the passion for everything automotive. From racing to restoration, motorcycles to movies, SPEED delivers quality programming from the track to the garage. Now available in more than 75 million homes in North America, SPEED is among the fastest-growing sports cable networks in the country, the home to NASCAR on SPEED and an industry leader in interactive TV, video on demand, mobile initiatives and broadband services.

Posted by Frank at 1:03 AM

The One Trillion Yen Question to Ask Japanese Prime Minister Abe

WASHINGTON -- Automotive Trade Policy Council President Stephen Collins issued the following statement:

"When Japanese Prime Minister Shinzo Abe visits Washington, DC this week, we hope he is asked the one trillion yen question:

"When will the Japanese Government trim its excessive and systemic currency reserves and trade surpluses to bring the yen into proper alignment with the dollar?

"One trillion (actually 1,043,703,665,299.36) yen equals $8.8 billion - the total subsidy to Japanese automakers for the 2.2 million vehicles Japan exported to the U.S. in 2006 resulting from Japan's weak yen policy. At 118Y to the dollar, Japan's yen subsidy provides the average imported Japanese car a $4,000 windfall cost advantage over U.S. automakers - a windfall that ranges up to $10,000 per vehicle for higher-end Japanese imported SUVs such as those sold by Toyota under the Lexus brand.

"A Peterson Institute for International Economics report released in March by 30 leading economists calls for an increase of 25-30 percent in the value of the yen to 90 yen/dollar to address 'large and unsustainable imbalances in current account practices.' The report sees such imbalances as one of the principal dangers facing the world economy today and urges policymakers to take action 'to reduce the risks of a crisis that could produce a world recession.'

"Not only does the artificially low yen give Japanese automakers an unfair advantage over American automakers, it has also helped fuel our trade deficit with Japan. Nearly two-thirds of that $88 billion deficit last year was exclusively a result of the automotive trade.

"The Automotive Trade Policy Council, whose members include General Motors, Ford and DaimlerChrysler, urges the Bush Administration to join other leading G7 countries in urging Prime Minister Abe to let the Japanese yen grow stronger."

The Automotive Trade Policy Council, Inc. (ATPC) is a Washington, D.C.- based non profit trade association that represents the common international economic, trade and investment interests of its member companies: DaimlerChrysler Corporation, Ford Motor Company and General Motors Corporation.

Source: Automotive Trade Policy Council, Inc.

Posted by Frank at 12:57 AM

Lithia Motors Launches Assured Vehicle Program in Alaska

ANCHORAGE, AK -- Lithia Motors, Inc. today announced the launch of its national Assured Vehicle program at all of its dealerships in Alaska. The Assured Vehicle program will simplify customer transactions while offering unprecedented peace of mind to new and used vehicle purchasers.

The Assured Vehicle program is designed to give car buyers new levels of confidence in their new and used car buying decisions. It starts with transparent, no-hassle pricing and a wide selection of well-equipped vehicles. Then to ensure complete satisfaction, an Assured vehicle can be returned within three days or 500 miles.

"We have studied the current automotive industry climate nationally and have developed a unique program that answers all of the most common customer concerns in purchasing new and used vehicles," said Bryan DeBoer, President and COO of Lithia Motors. "The auto industry is susceptible to frequent change and deal-of-the-day thinking. With the Assured Vehicle program, we break that paradigm and provide a truly superior buying experience so we can earn a customer's business for life."

Under the Assured Vehicle program, Lithia will use local market intelligence to equip vehicles the way customers want them, stock them in sufficient numbers to meet anticipated demand, and price them at aggressively competitive levels. To further simplify the transaction, there will be no additional dealer charges or documentation fees.

Customers will have three days or 500 miles to drive the vehicle and return it with no questions asked. The big difference between the Lithia program and other return programs is that customers will not be required to trade for another new vehicle, but will be able to leave the store with their previous trade-in; without paying any re-stocking fees.

"Buying a new car should be fun, but it can also be very stressful for many customers," said Bryan DeBoer. "The Assured Vehicle program is designed to eliminate that stress and give Lithia buyers a whole new level of comfort in the car buying process."

Lithia Motors, Inc. is Alaska's automotive leader with seven local dealership locations and the broadest availability and selection of passenger cars, trucks and SUVs in the region. Lithia dealerships where the Assured Vehicle program will be offered include: Lithia Chrysler Jeep of Anchorage, Lithia Dodge of Anchorage, Lithia Hyundai of Anchorage, Chevrolet Saab of South Anchorage, Chevrolet of Wasilla and Chevrolet Cadillac of Fairbanks.

Source: Lithia Motors, Inc.

Posted by Frank at 12:56 AM

Saline High Seniors Are Michigan's best young auto techs

DEARBORN, Mich. -- Alex Dobroy of Clinton and Zachary Hastings of Milan, seniors at Saline High School, took first place in the Michigan state final of the 14th annual Ford/AAA Student Auto Skills Competition, held today at the Macomb Community College Expo Center in Warren.

The victory over nine other two-person teams from Michigan high schools means more than $45,000 in scholarship prizes and automotive merchandise for Dobroy and Hastings. They will also go to Dearborn, Mich. June 26 to represent Michigan in the national Ford/AAA Student Auto Skills Competition.

In just 49 minutes 50 seconds, the Saline team, coached by Tim Timoszyk, diagnosed and fixed nine electrical and mechanical "bugs" deliberately placed in a 2007 Mercury Grand Marquis by Ford engineers.

Runners-up in the competition were the team of Joshua Hoekstra and Jeremy Winget, seniors at Kent Career Technical Center.

This marked the first year a female was among the qualifying participants in the Michigan competition's history. Katy Younglove, a senior at Monroe High School, and fellow senior Craig Suydam placed third in today's event.

The teams competing today earned their places in the state finals by outscoring other Michigan high school teams at a first-ever Internet based exam in February. The online format emulated professional technical certification and training programs used by automotive manufacturers.

Ford Motor Co. and AAA sponsor the annual Student Auto Skills Competition as part of their ongoing effort to encourage talented high school students to pursue careers as automotive technicians. Each year, the competition draws more than 6,000 high school students in the 50 states, and more than $5 million in scholarships and other prizes are awarded.

While the high school teams were competing in the student event, five experienced, professional technicians from Ford dealerships were competing in the Ultimate Master Technician Challenge in another part of the Expo Center.

Donald Benjamin, a technician at North Coast Lincoln Mercury in Willoughby, Ohio won the $3,000 first prize.

Chris Scali, a technician with Liberty Ford, Inc. in Maple Heights, Ohio, was runner-up, earning a $2,000 cash prize.

Third place and $1,500 went to Charles Rooker, a technician with Ed Mulinax Ford in Amherst, Ohio.

Source: AAA Michigan

Posted by Frank at 12:55 AM

General Motors Honors Johnson Controls as Supplier of the Year

Excellent Business Performance Worldwide During 2006

PLYMOUTH, Mich. -- Johnson Controls, Inc., a leading global supplier of automotive seating, interior components and batteries, was recognized by General Motors with its top honor -- the Supplier of the Year Award -- for its overall business performance in providing the automaker with world-class parts and services during 2006.

The supplier won its award for supplying vehicle interior systems and parts, as well as batteries to GM locations around the world.

The annual awards were presented to Johnson Controls executives during ceremonies held on Saturday, March 31 in Orlando, Florida.

Johnson Controls has gained the GM Supplier of the Year Award recognition 11 times during the past 12 years. The company has been named among GM's top suppliers 12 times overall.

"We are proud to honor Johnson Controls as one of the 'Best of the Best' GM suppliers in 2006," said Bo Andersson, GM's group vice president, Global Purchasing and Supply Chain. "Johnson Controls achieved the award based on outstanding performance in 2006. We appreciate their energy, hard work and dedication to the success of GM."

The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 89 suppliers for their outstanding performance throughout 2006.

"Recognition for excellence from our customer is very important to us, and we think it shows that our people at sites throughout the world are performing at the highest level in our industry," said Keith Wandell, president and chief operating officer for Johnson Controls. "We thank General Motors for these awards, and remain committed to providing world-class interior products and batteries for its vehicles. In addition, we salute our outstanding employees and suppliers that helped us to achieve these honors."

Johnson Controls supplies a variety of automotive seating, interior systems and batteries for GM vehicles manufactured in North America, South America, Europe, Asia, Africa and Australia.

Johnson Controls is a global leader in automotive experience, building efficiency and power solutions. The company provides innovative automotive interiors that help make driving more comfortable, safe and enjoyable. For buildings, it offers products and services that optimize energy use and improve comfort and security. Johnson Controls also provides batteries for automobiles and hybrid electric vehicles, along with systems engineering and service expertise. Johnson Controls (NYSE:JCI) has 136,000 employees in more than 1,000 locations serving customers in 125 countries. Founded in 1885, the company is headquartered in Milwaukee, Wisconsin. For additional information, please visit http://www.johnsoncontrols.com/.

Source: Johnson Controls, Inc.

Posted by Frank at 12:53 AM

Bill would let drivers report carpool lane scofflaws

SACRAMENTO -- Drivers angry at cheaters in the carpool lanes could get the satisfaction of snitching on them using a special hotline if a bill that passed the state Senate Transportation Committee Tuesday becomes law.

The legislation, proposed by Sen. Abel Maldonado, R-Santa Maria, would require Caltrans and the Department of Motor Vehicles to establish a toll-free telephone number and Web site for drivers to report the license plates numbers of vehicles spotted using the carpool lanes without the required number of passengers.

Owners of the offending vehicles would receive letters from the DMV warning that they had been reported, a brochure on carpool lane laws -- and a reminder that they could be fined up to $386 if caught cheating. No citations or other contact from authorities would take place.

Posted by Frank at 12:50 AM

GM's Lutz says mortgage 'meltdown' hits auto sales

LOUISVILLE -- The crisis in the U.S. mortgage market has hurt U.S. auto sales this month, General Motors Corp. Vice Chairman Bob Lutz said on Monday.

Lutz, who was in Louisville, Kentucky to attend an automotive industry conference, said he did not know how GM's own sales had performed in April to date, but said he expected the whole sector would feel the impact of the stress on the housing finance market.

"The market as a whole has been a little weakish. That has come as a result of the housing market problems and the mortgage industry meltdown," Lutz told Reuters. "A lot of people are finding themselves in a position of reduced affordability and that has had an impact, not just on us, but across the industry."

GM and other automakers will report April U.S. sales results on May 1.

Posted by Frank at 12:46 AM

April 25, 2007

Boston Arnold/Nitro London appointed new global advertising partner for Volvo

8231_1_5.jpgVolvo Car Corporation has concluded its global advertising agency review and appointed the team of Boston-based Arnold and London Nitro as the new global agency partner.

Volvo Cars' strategic marketing platform has been reviewed since last December. This week the executive team decided on Arnold/Nitro based on the power of the agency's ideas to move the brand forward, and their ability to work with Volvo Cars globally.

"Through focused strategic thought, and an inspiring creative idea, we believe they are the best agency team to accelerate the momentum of our brand," says Tim Ellis, director of global advertising at Volvo Car Corporation. "We wanted a powerful, overarching single-minded idea that could leverage and emotionalize our rich heritage in safety, Scandinavian design, and care for the environment."

The Arnold/Nitro team will be globally led out of Arnold's Boston office and will be responsible for managing the strategic and creative development of advertising for worldwide use. The team's first assignment will be the creation of the upcoming global launch campaigns for the all-new V70 and XC70, the two models which were presented earlier this year at Geneva Motor Show and represent the highest volume of cars within the Volvo portfolio.

"We feel that the Arnold/Nitro team is characterized by insight, passion and energy; and for us, that's a perfect fit", says Tim Ellis. "Moreover, they are a solid, down-to-earth team with global experience, and extensive knowledge of the extremely competitive car industry", concludes Ellis.

Four international agencies participated in the last round of the pitch, including the incumbent, EuroRSCG based in New York and London; 180 based in Amsterdam, Netherlands; and Fallon Minneapolis and London.

This agency change will have an immediate effect on the two current creative centers in London and New York. There is no direct effect on other local agreements with advertising agencies globally.

Posted by Frank at 1:45 PM

A Victory for Volvo's Green Racer and the Environment

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10386_1_5.jpgVolvo Original Racing won the first leg of the Swedish Touring Car Championship - the STCC - at Sturup Raceway in Skåne. Truly a historic moment!

Through its success last weekend, Volvo, one of the very first manufacturers to officially adopt the eco-friendly E85 fuel in the FIA's global Super 2000 product technical regulations, also became the first make in the world to win on ethanol power.

"There were a few raised eyebrows when we decided to take to the track with green fuel in keeping with our core values, but our results here today and the FIA's decision last week to introduce ethanol in the world championship series (the WTCC) in 2008 shows that concern for the environment and motor sport can go hand in hand," says Alexander Murdzevski Schedvin, motor sport manager at Volvo Personbilar Sverige AB.

At the team, spirits are at the very top!

"You couldn't get a better result than this," says team president Christian Dahl! "It's a victory for Volvo, a victory for the environment and a victory for Polestar Racing!

"This success is the joint result of everyone's efforts. It was an immense team operation that was crowned by Robert's skilled driving.

"We've all worked so hard on adjustment of engines, chassis, pit-stops, in fact every single last detail, and everyone - everyone - did their absolute best and we ended up doing so incredibly well. I just don't have words to describe my feelings right now!"

The race got off to a smooth start. Robert took the lead from the word go. During the first part of the race he had Johan Sturesson's Peugeot snapping at his heels, and was later followed bumper to bumper by Fredrik Ekblom, BMW. But nobody was fast enough to get by.

The Volvo team had to make a quick decision and decided on an early pit-stop. Once the competition decided to call in for pit-stops too, things got decidedly hot for a number of laps!

"It was a bit exciting, especially when Ekblom joined the fray and you could scarcely see the daylight between our door handles, but I managed to keep my cool. I think I was helped by the fact that my wheel-change crew once again did a fantastic job - you've just got to repay their extra effort by putting in that little bit of extra effort yourself!" said Robert Dahlgren immediately after taking the chequered flag.

Towards the end there was no doubt who was going to be wearing the victor's laurels. Robert's virtually perfect driving meant he simply kept a firm hold of his lead. His closest competitor, Jan Nilsson in a BMW, crossed the finishing line 4 seconds later.

Posted by Frank at 1:41 PM

GM Brings Line-up of Environmentally Friendly Vehicles to Tribeca Film Festival Opening Night Gala

WHO: Tribeca Film Festival founders Robert De Niro, Jane Rosenthal and Craig Hatkoff, SOS campaign founder and Live Earth Producer Kevin Wall, and other VIP guests.

WHAT: General Motors will sponsor the April 25 opening night gala of the sixth annual Tribeca Film Festival, which will feature the premiere of seven short films that are part of the SOS Short Films Program designed to inform and inspire people across the globe to solve the climate crisis. The evening will also include musical performances by artists who will perform at the Live Earth global concert series on July 7. Live Earth is part of the SOS campaign.

As part of GM's role in the event, the company will have several of its latest environmentally friendly vehicles on display during the gala to add to the event's atmosphere of environmental consciousness. GM's featured vehicles include:

* HydroGen3, GM's hydrogen fuel cell vehicle
* The all-new 2007 Saturn Aura Green Line Hybrid sedan
* The 2007 Saturn VUE Green Line Hybrid SUV
* The E85 FlexFuel-compatible GMC Yukon SUV

In addition, GM will further help promote Tribeca's "green" theme by providing a fleet of environmentally friendly vehicles like Saturn VUE Green Line Hybrid that will transport celebrity guests and VIPs to the event.

WHEN: The Tribeca Film Festival opening night gala will take place on Wednesday, April 25, 2007 at 7:00 p.m.

WHERE: BMCC Tribeca Performing Arts Center
199 Chambers Street, #110SC
New York, NY 10007

Posted by Frank at 1:32 PM

Ford joins safe cycling program

fosacy.jpgBRENTWOOD, Essex – Ford truck drivers are looking to make roads safer for cyclists by joining forces with Transport for London (TfL).

Ford is supporting TfL's "Share the Road" campaign, which is designed to encourage cooperation between all road users, by displaying signs on 2,000 Ford trailers warning cyclists not to undertake the truck in front. Every year thousands of accidents happen when cyclists try to pass on the inside of a large vehicle turning left.

Chris Woodmore, manager of Ford's Transport Operations, said: "We are delighted to work with Transport for London on this initiative. Ford trailers travel more than 10 million miles every year and present an ideal opportunity to get this message across to cyclists where it will be noticed."

The signs carry the message "Cyclists - beware of passing this vehicle on the inside". They are designed to address the particular threat cyclists face from goods vehicles turning left, when HGV drivers are not able to see cyclists between their vehicles and the kerb.

Chris Lines, TfL’s head of road safety, said: “We are making progress in cutting the number of cyclists hurt on London’s roads, but those involved in collisions with goods vehicles are still too high. By creating the new poster and working in partnership with Ford, I hope we can get the message out to cyclists to be careful when riding near HGVs and also to help educate drivers to watch out for cyclists.”

Ford Transport Operations distribute vehicles and components to Ford's UK dealers and plants. It is based at the company's Dagenham estate, in Essex, and employs 940 drivers and other logistics specialists to run its truck fleet.

Posted by Frank at 1:31 PM

Volvo Reveals Location of This Year's Buried Treasure -- The Bottom of the Deep Blue Sea

votrch.jpgVolvo Car Corporation Sinks Treasure Chest Filled With $50,000 in Gold and Key to New XC90 'Somewhere in the World' and Gets Ready to Launch Online Treasure Hunt, May 4

IRVINE, Calif. -- Ahoy, raise the main sail, maties! "Somewhere in the World," Volvo Car Corporation has sunk real-life treasure -- a chest filled with $50,000 worth of gold doubloons plus a key to a brand new Volvo XC90 -- and will soon be taking would-be pirates on a virtual high seas adventure to find it.

Volvo's online treasure hunt, inspired by Pirates of the Caribbean: At World's End, starts May 4 simultaneously in 22 countries.

Last summer, Volvo embarked on its official partnership with Disney's Pirates of the Caribbean movie franchise by launching a global online treasure hunt for a buried Volvo XC90 V8. The hunt, like the movie, was a huge success and drew more than 100,000 participants from around the world. This year, with more countries participating and even more booty at stake, Volvo's hunt promises to be bigger and better, with more than 6,000 treasure hunters already pre-registered.

"We had such a great response to the hunt last year that we really did feel the pressure to come up with something equally cool and attention grabbing this year," said Linda Gangeri, national advertising manager for Volvo Cars of North America. "So, yes, we really did sink a treasure chest to the ocean floor filled with gold and the key to a new Volvo. It's sitting there right now just waiting to be found."

Volvo will release more details about the hunt May 3. All pirates, swashbucklers and scallywags are invited to register now at http://volvocars.us/thehuntsignup.html.

Top unofficial Volvo treasure hunt blogs:
Thehunt07.spaces.live.com
http://prometheusdigital.com/potc3

Source: Volvo Cars of North America

Posted by Frank at 8:58 AM

OnStar Expands its Navigation Service with MapQuest Partnership

New OnStar Turn-by-Turn Navigation Enhancement to Allow Subscribers to Send Destinations from MapQuest.com to Millions of GM Vehicles

DETROIT and DENVER -- GM's OnStar and MapQuest announced today a collaboration that will allow OnStar subscribers to plan their driving route on MapQuest.com and send their destination right to OnStar's easy to use Turn-by-Turn Navigation service.

This new Turn-by-Turn service enhancement, OnStar Web Destination Entry, will allow subscribers to conveniently use MapQuest.com to research and plan their driving destinations with more than 15 million points-of-interest available through the number one mapping Web site.

General Motors and OnStar, the leading provider of in-vehicle safety, security and communication services, are making the simplest and smartest navigation service, OnStar Turn-by-Turn Navigation, available to more than 2 million vehicles in 2007 and an additional 3 million vehicles in 2008.

This availability allows GM to offer the most navigation options across more vehicle segments and price ranges than any other vehicle manufacturer. MapQuest is the leading online mapping and directions destination and one of the most trusted and widely used brands on the Web.

"Our 10 years of experience have taught us that life happens when you're driving," said OnStar President Chet Huber. "The value of OnStar Web Destination Entry, which combines the powerfully-simple technology of OnStar Turn-by-Turn Navigation with the leading consumer Web site for maps and directions, MapQuest®, is added flexibility for our subscribers. The new service enhancement will allow them to use the Web to plan their destination while having the freedom to start the journey from wherever they want."

OnStar and MapQuest will start a Web Destination Entry pilot program in the summer of 2007 with a select group of OnStar subscribers. Targeted for late 2007, OnStar Web Destination Entry will be available to all OnStar subscribers with Turn-by-Turn Navigation-capable vehicles.

"One of our goals at MapQuest is to make it convenient and easy for our users to plan their journey on their desktop computers and send the information to their cars. We are thrilled to be working with the world's largest auto manufacturer to bring our great services to OnStar customers," said Jim Greiner, Senior Vice President and General Manager of MapQuest. "This represents another example of how we are extending our ability to help consumers access MapQuest® services whenever and wherever they need them."

OnStar Turn-by-Turn Navigation, a GM exclusive, was first introduced in February 2006 on the Buick Lucerne and Cadillac DTS. It is available as a part of OnStar's complete suite of safety, security and communication services. OnStar Turn-by-Turn Navigation is included in the first year of service on all 2007 Buicks and nearly all 2007 Cadillacs and a number of other 2007 GM vehicles. Additionally, it is available for a $100 service plan upgrade on many other 2007 GM cars and trucks during the first year of service.

About OnStar by GM
OnStar, a wholly-owned subsidiary of General Motors, is the leading provider of in-vehicle safety, security and communication services. OnStar is available on more than 50 MY 2007 GM models and includes one year of service. OnStar will become standard on nearly all GM retail vehicles in the United States and Canada by the end of 2007. OnStar provides services to more than 4.5 million subscribers in the U.S. and Canada. More information about OnStar can be found at www.onstar.com.

Posted by Frank at 8:56 AM

Nissan Announces Pricing on 2008 Titan

08niti.jpg

Titan Starts at $23,700

NASHVILLE, Tenn. -- Nissan today announced pricing on the 2008 Nissan Titan pickup, which goes on sale today at Nissan dealers nationwide.

Originally launched in 2004, the Nissan Titan pickup lineup expands for 2008 with the addition of two new long bed configurations and a new PRO-4X grade, which is available in both King Cab and Crew Cab 4-wheel drive standard bed configurations.

In addition, the 2008 Titan features revised front styling with a new grille and light design, a redesigned brake system with larger front rotors, a variety of interior and technology enhancements and larger standard wheel sizes -- including 20-inch alloy wheels on Titan LE models. Titan LE models receive an extensive list of new standard equipment, including XM(TM) satellite radio, Bluetooth(R) hands-free phone system and wood appearance trim.

Prices for the 2008 Nissan Titan start at an MSRP of $23,700 for Titan 2WD King Cab XE standard bed and $26,550 for Titan 2WD Crew Cab XE standard bed. The 4WD King Cab XE standard bed starts at $26,900, while the 4WD Crew Cab XE standard bed is $29,750. Titan PRO-4X models are $31,450 for the King Cab and $33,950 for the Crew Cab standard bed models (available in 4WD only).

With the addition of the new Long Bed models, Titan is now available in two body styles -- King Cab and Crew Cab; in 4x2 and 4x4 drive configurations; four bed sizes -- 5'6", 6'6", 7'3" and 8'2"; and with Flexible Fuel Vehicle (FFV) capability (E85 Ethanol) in select markets.

Titan is built on Nissan's rugged F-Alpha pickup platform, featuring a powerful 5.6-liter DOHC Endurance V8 rated at 317 horsepower and 385 lb-ft torque. Titan features a standard 5-speed automatic transmission and a maximum towing capacity of up to 9,500 pounds for King Cab and 9,400 pounds for Crew Cab (when properly equipped).

"The 2008 Titan, with its freshened styling, new wheel styles, new seat design, refined meter clusters and available features such as Bluetooth(R) hands-free phone system, XM(TM) satellite radio tuner, heated leather- appointed bench seat and larger, 8.0-inch DVD screen, offers more choice and greater value than ever before," said Bill Bosley, vice president and general manager, Nissan Division. "Titan remains first and foremost a powerful, go- nearly-anywhere, tow-nearly-anything workhorse. For 2008, it's also a refined partner for work and play."

Source: Nissan North America

Posted by Frank at 8:50 AM

Nissan Announces Pricing on 2008 Armada

08niar.jpg

Armada Features $35,250 Starting MSRP

NASHVILLE, Tenn. -- Nissan today announced pricing on the 2008 Armada SUV, which goes on sale today at Nissan dealers nationwide.

Prices for the refined 2008 Nissan Armada, which is offered in eight models, each equipped with standard 5.6-liter Endurance V8 and 5-speed automatic transmission, start at $35,250 for the Armada 4x2 SE and $41,750 for the Armada 4x2 LE. FFV (Flexible Fuel Vehicle) editions of the same models are offered at no additional cost in select markets. Four-wheel drive Armadas begin at $38,050 for the Armada 4x4 SE and $44,550 for the Armada 4x4 LE. As with the 2WD models, Flexible Fuel Vehicle versions are available at no additional cost in select markets.

The major enhancements to Armada for 2008 include a new front fascia, new headlight and fog light designs, new one-piece roof rack design, revised rear fascia and an available 20-inch wheel and Michelin tire package (LE only).

Inside, the 2008 Armada offers an available power folding 60/40 3rd row seat (LE only), new interior colors and fabrics, new gated shifter, new wood grain accents (LE only), available heated steering wheel (LE only), a locking glove compartment and revised steering wheel and combination meter illumination.

Armada technology enhancements include an Intelligent Key with twist start (standard LE, optional SE), enhanced Bose(R) sound system with 9.3-gigabyte Music Box hard drive and 3rd row speakers and amplifier (standard LE, optional SE), Bluetooth(R) hands-free phone system (optional on LE), improved available Nissan Navigation system with an XM(R) NavTraffic(TM) system with real-time traffic information (XM(R) contract required), a standard integrated 7.0-inch color information monitor and a larger 8.0-inch screen for the optional DVD Entertainment Package.

Armada's strength comes from a 5.6-liter V8 producing 317 horsepower and 385 lb-ft of torque, with available Flexible Fuel Vehicle technology (FFV) in select markets, allowing drivers to use traditional gasoline or an alternative fuel such as E85, a mix containing 85 percent renewable ethanol and 15 percent gasoline.

Every 2008 Armada also comes with standard customer-friendly features like three-row, eight-passenger seating, ample 2nd row leg room, roof-mounted curtain air bags for all three rows and up to 9,100-pound maximum towing capacity (when properly equipped). Prior model year Armadas have been awarded the top honors in two customer opinion-based studies -- buyer-perceived overall quality by the Strategic Vision research firm in the Large SUV class of its 2006 Total Quality Index, and "Most Appealing Large Premium Multi- Activity Vehicle" by J.D. Power and Associates' 2006 Automotive Performance, Execution, and Layout (APEAL) study.

"Armada continues its strong value positioning for 2008, offering a long list of enhancements to its foundation of power, roominess, style, comfort, utility and safety," said Bosley. "It's another great Nissan SUV made even better for the new model year."

Source: Nissan North America

Posted by Frank at 8:49 AM

Toyota Hooks A Big One in Bass Tourney

toteba.jpg

First-of-its-Kind Texas Fishing Tournament on Lake Fork Proves to Be a Success

LAKE FORK, Texas -- The first annual Toyota Texas Bass Classic presented by Enterprise Rent-A-Car, held April 13 - 15 at Lake Fork in East Texas, successfully wrapped up on Sunday evening, awarding a combined total of $1 million in prize money and contributing to the community as well as the Texas Parks and Wildlife Department (TPWD).

The first-of-its-kind bass fishing tournament grouped 160 Professional Anglers into teams of four. The event combined the conservation aspects of the Lake Fork's slot limits with certified observers and on-the-water scales, allowing anglers to weigh fish normally not allowed on a slot-limit lake. The TPWD Inland Fisheries Division provided technical support and the Professional Anglers Association (PAA) oversaw tournament regulations and operations.

"Through the support and hard work of multiple organizations, this tournament has reinvented the bass fishing tournament format and reinvigorated the sport for many," said PAA executive director Gene Ellison.

"Planned as an annual event, the tournament both showcased the great bass fishing that Texas has to offer and raised funds to help support the TPWD and its mission of increasing access to the outdoors and developing outdoor opportunities for all," said co-founders of the tournament and TPWD Commissioners Dan Friedkin and Donato Ramos.

At the conclusion of the tournament, lead sponsor Toyota presented a check for $250,000 to the Texas Parks and Wildlife Department. Phil Durocher, TPWD director of inland fisheries was very pleased, commenting, "This generous gift will contribute to the growth and success of our youth programs and strengthen the department's urban fishing program throughout the state."

The tournament included many family-friendly activities and musical performances by country music stars Clay Walker and Tracy Lawrence. An estimated 27,500 people attended the events at Lake Fork over the course of the Pro-Am and TTBC tournaments, including the 1000-plus on-site support staff members.

Terry Scroggins' team captured the top prize of $250,000 and included anglers Chris Daves, James Niggemeyer and Frank Ippoliti.

"It's awesome," Scroggins said. "We had 160 of the best anglers in the world here, from both FLW and BASS, and to go out and beat all those guys is pretty cool."

The Lucchese Big Bass Award went to angler John Sappington for his largest tournament catch, weighing in at 11 pounds 2 ounces. The big catch earned him a custom pair of Lucchese Boots, Stetson hat and a Lucchese edition Toyota Tundra truck.

CBS is scheduled to broadcast an hour-long TTBC segment on Mother's Day, Sunday May 13, at 2 p.m. EDT.

Source: Toyota Texas Bass Classic

Posted by Frank at 8:45 AM

Video Taping of Reality Racing - Rookie Challenge Begins in Bronson

BOCA RATON, Fla. -- Reality Racing, Inc. announced today that EFC Film Productions will begin taping video footage of Reality Racing - The Rookie Challenge at Bronson Motor Speedway on Thursday, April 26, 2007.

Reality Racing - The Rookie Challenge, a hot new concept that combines reality television and stockcar racing, is set to premiere as part of Spike TV's high-revving Saturday morning "PowerBlock" on May 19, 2007 and will be telecast in the United States, its territories and possessions, including Puerto Rico and Canada.

President, Lee F. Schaefer said, "We are very excited to start filming on the track in Bronson. We anticipate contacting and inviting contestants to the track, when their participation is needed for production, within days."

Reality Racing - The Rookie Challenge features amateur drivers competing to turn stockcar racing dreams into a reality, with the winner of the thirteen-episode series landing a contract with a professional racing team, a cash purse, national exposure, and a gold championship ring.

For more information, visit: http://www.realityracingtv.com/

Source: Reality Racing, Inc.

Posted by Frank at 8:41 AM

Chrysler Group Expands Workplace Diabetes Education to Sterling Heights Plant

AUBURN HILLS, Mich. -- The Chrysler Group announced today that it will expand its innovative diabetes care program, "Driving DCX," to its Sterling Heights Assembly plant.

Driving DCX (Diabetes Care eXperts) was piloted at the Auburn Hills headquarters from August 2005 to February 2006 to improve the health and quality of life of employees with diabetes. More than 160 people participated in the pilot.

Chrysler employees learned how to gain control over their cholesterol, BMI and blood glucose levels through meal planning, exercise, prescribed medications and regular medical care.

The pilot program generated impressive results in clinical outcomes and overall health:

- Participants' knowledge about diabetes care increased by 18.6 percent.
- Participants showed statistically significant improvements in
controlling their cholesterol and achieving their target Body Mass
Index. (BMI is a relationship between body weight and height; a normal
value is 25 or less; between 25-30 is considered overweight; above 30
is considered obese.)
- Participants who kept their blood glucose levels at the desired level
increased from 68 percent to 77 percent.

Cholesterol, BMI, and glucose levels are major risk factors for serious complications and other diseases. Regular monitoring helps prevent some of the major problems that diabetes can cause, such as blindness, kidney disease and nerve damage.

Driving DCX was developed in partnership with Henry Ford Health System and Health Alliance Plan to integrate diabetes care within DaimlerChrysler's existing workplace wellness programs.

"The initial phase of our workplace diabetes program - Driving DCX - has been recognized as a genuine success story," said Kate Kohn-Parrott, Chrysler Group Director - Integrated Health Care and Disability. "Chrysler Group is proud to lead the industry in the health awareness and disease management programs it offers its employees."

Following the successful rollout at DaimlerChrysler's headquarters, company health care executives expanded the program to the Sterling Heights Assembly Plant. Already 60 employees at the Sterling Heights Assembly Plant have signed up to receive their initial health appointments and screenings.

"If you think about it, the average person with diabetes only spends four to six hours per year receiving care at a doctor's office, 2,000 hours per year at their place of employment and about 8,000 hours at home," said Bruce Muma, MD, Medical Director of Chronic Care, Henry Ford Medical Group. "We intend to reduce the burden of this disease by bringing this new approach directly into the workplace."

Core components of Driving DCX are:
- Confidential onsite health screening that includes average blood sugar
level, cholesterol and blood pressure tests
- Confidential depression screening and follow-up treatment administered
by ValueOptions
- Six individual coaching sessions with certified diabetes educators from
Henry Ford Medical Group that focus on achieving personal health goals
and managing medications and diet to control blood glucose levels
- Incentives - participants will receive gift certificates

The DCX program pairs innovative work from Henry Ford Medical Group (HFMG) with the existing workplace wellness infrastructure maintained by StayWell at the Chrysler Group. Novo Nordisk provided the funding support. Health Alliance Plan provides the overall project management.

About HAP (www.hap.org)

Headquartered in Detroit, Health Alliance Plan is a nonprofit health plan serving 576,000 members and 2,800 employer groups. HAP is a subsidiary of the Henry Ford Health System, one of the nation's leading regional health care systems. The health plan serves companies of all sizes through the flagship HMO, PPOs, experience-rated, fully insured and self-funded products, and consumer-driven health plans with compatible health savings accounts. The National Committee for Quality Assurance awarded HAP's commercial HMO its highest status, Excellent Accreditation, and Alliance Health and Life Insurance Company's PPO Full Accreditation.

Source: Health Alliance Plan

Posted by Frank at 8:40 AM

Tenneco Honored With Ford's 2006 World Excellence Award

Company recognized for exemplary performance as global supplier

LAKE FOREST, Ill. -- Tenneco Inc. received Ford Motor Company's Silver World Excellence Award, recognizing the company as one of its top global suppliers for 2006. The award was announced April 17, 2007 at the ninth annual event at the Henry Ford Museum in Detroit.

"We appreciate the contributions that these award-winning suppliers have made to Ford Motor Company, and applaud them for their hard work and dedication," said Tony (Thomas K.) Brown, senior vice president, Global Purchasing, Ford Motor Company. "Their efforts have positively impacted customer satisfaction."

The World Excellence Award is given to 55 of Ford's global suppliers for their exemplary performance in 2006. It is given to suppliers who not only achieve the highest levels of quality and delivery, but also recognize diverse cultures, values, and ideas of their thousands of employees. Tenneco was one of 34 recipients of the Silver Award, which honors quality, cost and delivery.

Tenneco won for its quality, cost and delivery in supplying exhaust systems made in the Valencia, Spain emissions control facility.

"It is an honor to receive the Ford World Excellence Award again, as we are committed to providing our customers with innovative technologies and quality products and services," said Gregg Sherrill, chairman and CEO, Tenneco. "We thank Ford for recognizing our efforts to meet its highest standards."

Tenneco is a $4.7 billion manufacturing company with headquarters in Lake Forest, Illinois and approximately 19,000 employees worldwide. Tenneco is one of the world's largest designers, manufacturers and marketers of emission control and ride control products and systems for the automotive original equipment market and the aftermarket. Tenneco markets its products principally under the Monroe(R), Walker(R), GilletTM and Clevite(R)Elastomer brand names.

Source: Tenneco Inc.

Posted by Frank at 8:38 AM

Top Three Hat Designers Heading to 133rd Kentucky Derby

'Chrysler Sebring Hats Off to the Derby' Contest Grand Prize Winner to be Announced in Louisville Kentucky Derby Weekend

AUBURN HILLS, Mich. -- Only three finalists remain in Chrysler brand's "contest with a twist."

Creative spirit and ingenuity has resulted in a trip for two to the Kentucky Derby for three "Chrysler Sebring Hats Off to the Derby" contest finalists. One of these three finalists will win an all-new 2008 Chrysler Sebring Convertible, with the winner announced in Louisville, Ky., Kentucky Derby weekend.

The "contest with a twist" began with hundreds of sketches of original hat designs submitted and led to five semifinalists actually producing their hats for the final judging to determine who would go to the Kentucky Derby. Hat designs had to be inspired by the styling and features of the Sebring Convertible and had to utilize a portion of convertible soft top fabric somewhere in the design. Additionally, the hats needed to be suitable for wearing while driving in a convertible and at the Kentucky Derby, known for its fashionable hats.

"Narrowing it to three finalists was difficult, as there was a lot of creativity and individualism in not only the designs, but also in how the convertible top fabric was utilized," said Susan Thomson, Senior Manager -- Chrysler Global Brand Communications.

The three finalists going to the Derby are:

-- Nina Rosenberg, Prospect, Ky., who wove the convertible fabric directly
into the body of her hat
-- Tanya Law, Charleston, W. Va., who incorporated black striping and trim
made from the convertible top fabric on her white straw hat
-- Cynthia Lundeen, Cleveland Heights, Ohio, who adorned her large
lightweight scoop hat with a "S" made from the fabric

The grand prize winner will be announced by a celebrity judge at Churchill Downs in Louisville, Ky. on May 4.

"Our three finalists have truly earned their trip to the Kentucky Derby by embracing the spirit of the Sebring Convertible and applying it to three unique hat designs," said Thomson. "We pay close attention to the detail and engineering of each of our vehicles and it was evident that these three finalists applied the same principles to their hats. They turned out to be fun, refined, and dare we say -- even 'elegant'."

A panel of judges determined the top three finalists, looking at the originality and styling of the actual hat, the functionality of the hat while driving in a convertible and the appropriateness of the hat for the Kentucky Derby. The three hats were selected from five semi finalists who were given convertible material, seed money and about two weeks to construct their hat.

About the 2008 Chrysler Sebring Convertible

The completely redesigned 2008 Chrysler Sebring Convertible, arriving in showrooms this spring, offers a sleek and elegant design, exhilarating performance with excellent fuel efficiency and a spacious interior. The Sebring Convertible also offers what no other convertible has offered before -- three automatically latching convertible top options: vinyl, cloth and a body-color painted steel hard top, all of which can be retracted with a push of a button on the key fob.

The Chrysler Sebring Convertible has long held the honor of America's favorite convertible, solidly leading the segment for the past decade. In fact, Sebring Convertible has earned the title of best-selling convertible in the United States for seven of the past 11 years. The 2008 Chrysler Sebring Convertible is poised to be in the winners circle when it becomes available in U.S. dealerships in the second quarter of 2007 and in global volume markets in the second half of 2007.

Source: Chrysler Group

Posted by Frank at 8:33 AM

Toyota Driving Expectations Program Attacks Deadly Teen Accident Rates

Unique Safe Driving Program Targets Teens AND Parents with Real-World Scenarios

Toyota Driving Expectations is a four-hour program bringing Detroit-area teens and their parents together to learn proper driving techniques from professional drivers. It is also designed to teach parents how to be good driving role models and teachers.

The program's multiple driving courses and classroom instruction for teens and their parents go beyond what is currently taught in driver's training classes to help provide teens with the experience they need to identify and react in dangerous driving situations. In addition, a distracted driving course has teens navigate a course drinking water, listening to loud music and talking on a cell phone to demonstrate just how dangerous these activities can be while driving.

* A recent crash that claimed the lives of two Sumpter Mich. teens captured the attention of the entire Detroit area.

* Although teens make up only 6.6 percent of licensed drivers, they suffer 14 percent of all auto-related fatalities and driver error is involved in 77 percent of the fatal crashes involving 16-year-olds.

* In 2005, nearly 5,700 teens died in automobile accidents.

* Beyond the driving education courses teens take to get their license or receive in school, parents are their teen's main teachers. However, most parents receive no formal training on how to teach their teen driving techniques.

WHEN: Friday, April 27, 1 p.m. - 6 p.m. & Saturday - Sunday, April 28 - 29, 8:00 a.m. - 6:30 p.m.; (12 sessions will be held over the weekend)

WHERE: DTE Energy Music Theatre Cost: This event is FREE!
7773 Pine Knob Rd.
Clarkston, MI 48348 Visit www.toyotadrivingexpectations.com

Source: Toyota

Posted by Frank at 8:33 AM

Goodyear Recommends Giving Tires Some TLC During National Tire Safety Week

AKRON, Ohio -- With the observation of National Tire Safety Week, Goodyear is urging everyone to show they care ... about their tires.

Research reveals that motorists rank tires as the second-most important safety feature in vehicles next to brakes, yet only a third of consumers properly check their tire inflation pressure.

Improper air pressure in tires can lead to a multitude of problems -- from uneven and accelerated tire wear, to structural damage in a tire. With temperatures rising and vacation travel around the corner, the attention given to the care and maintenance of tires should be heightened, according to Goodyear officials.

"Checking tires for proper inflation and tread condition is one of the most critical -- and easiest -- maintenance procedures for a consumer," said Brett Ponton, vice president, Goodyear Retail. "It doesn't take much time or sophisticated equipment. Drivers can check their tires by themselves, or any of our retail outlets would be happy to provide the service."

According to recent research by the Rubber Manufacturers Association (RMA), not only do most drivers ignore their tires, most simply do not know enough about how to care for the tires correctly. The survey found that about two out of three drivers don't even know where to find the recommended proper tire inflation pressure for their vehicles' tires.

Goodyear recommends that motorists should check tire inflation monthly or before a long trip. Tires should be inflated to the vehicle manufacturer's recommendations printed on the vehicle door placard or in the owner's manual, not the maximum limit stamped on a tire sidewall.

To address consumer apathy toward tires, Goodyear is offering a broad lineup of tire care initiatives.

"Through these efforts, if we could grab consumers' attention, and help them to understand that proper maintenance of vehicles and tires translates into increased automotive safety, optimum driving performance and significant cost savings, they would more likely take care of their tires," Ponton said.

Goodyear's efforts tie in with National Tire Safety Week, an April 22-28 observance sponsored by the RMA.

Tire care items being provided by Goodyear include:

- A consumer booklet, "The Complete Tire Safety Guide," printed by
Goodyear and available from many Goodyear retailers across the country.
The guide teaches consumers about the oft-neglected practice of tire
maintenance.
- Goodyear outlets also will distribute the RMA's "Be Tire Smart, Play
Your PART" consumer booklets. Those guides stress the importance of
inflation pressure, wheel alignment, tire rotation and visual checks of
tire tread.
- On http://www.goodyeartires.com/, visitors will find extensive
information on tire care, product selection and more. Through a link,
visitors can request a copy of "A Guide to Tire Safety."
- With their lighted message boards, Goodyear's famous blimps continue to
spread the tire care message while in flight, urging consumers on the
ground to check tire pressure and treadwear.
- At Goodyear-owned outlets, consumers can enjoy the company's "Free Air"
campaign, which includes having their tires checked for free, including
an inspection of tread condition and tire inflation.

Source: The Goodyear Tire & Rubber Company

Posted by Frank at 8:29 AM

TRW Automotive Earns Two of Only 55 Ford Excellence Awards

trwfoaw.jpgLIVONIA, Mich. -- TRW Automotive Holdings Corp., the global leader in automotive safety systems, has earned two Ford Motor Company World Excellence Awards -- the highest award available to Ford's global supply base -- for its exemplary performance in 2006.

The TRW facility winners included TRW Polska Sp. z o.o. in Czestochowa, Poland -- which won a Gold Level award for its supply of Air Bags -- and the DalphiMetal Internacional, S.A. plant in Silla, Spain -- which won a Silver Level award for the supply of Steering Wheels.

"We are proud to have received these prestigious awards from Ford Motor Company," said president and chief executive officer John Plant. "These deserving plants in Poland and Spain exemplify our efforts to excel in quality, cost and delivery at all global TRW locations."

The World Excellence Awards recognize suppliers who not only achieve the highest levels of cost, quality and delivery, but recognize the diverse cultures, values, and ideas of the thousands of individuals they employ.

"We appreciate the contributions that these award-winning suppliers have made to Ford Motor Company, and applaud them for their hard work and dedication," said Tony (Thomas K.) Brown, senior vice president, Ford Global Purchasing. "Their efforts have positively impacted customer satisfaction."

Ford Motor Company president and chief executive officer Alan Mulally, added that Ford and its suppliers are working together to reach common goals.

"Together, we are one team working on one plan with one goal in mind -- build the products people really want to create profitable growth for everyone associated with our wonderful Ford Motor Company," Mulally said.

TRW was among representatives of Ford's top 100 global suppliers at the recent event held at Henry Ford Museum in Dearborn, Michigan, and garnered two of just 55 World Excellence Awards for 2006.

About TRW

With 2006 sales of $13.1 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, employs approximately 63,800 people in 26 countries. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated.

Source: TRW Automotive Holdings Corp.

Posted by Frank at 8:25 AM

Porsche builds multifunction facility in Zuffenhausen

Engine production for model series Panamera leads to additional space requirements

Stuttgart -- Dr. Ing. h.c. F. Porsche AG approval is erecting a multifunctional facility at its headquarters in Zuffenhausen. Altogether, the new building, located at Plant 2 in Strohgäustrasse, will have more than 11,000 square meters of utilizable space on two levels and will be connected by a bridge to the engine plant in Adesstrasse.

Until now, old warehouses have stood at the construction site, which have already been torn down. Investments for the building amounted to 20 million Euro. Completion is scheduled for early 2008.

The multifunctional facility is required in order to accommodate future production of engines at the Porsche engine plant in Zuffenhausen for the Panamera model series which will be launched on the market in 2009.

The engine plant area will then exclusively be used for assembly of the drive units. In contrast, consignment sales of replacement parts for the engine assembly will be moved to the new facility. Driverless transportation systems and conveyer belts will transport the parts kits to be installed across a bridge to the engine plant. On the lower floor of the new facility, the pilot production line will be installed for prototype production, which presently is still located in Plant 5.

At a height of more than six meters, the new bridge will not interfere with public traffic along Strohgäustrasse. At the same time, it also contributes to a reduction of up to 90 truck trips each day between the Porsche plants.

Posted by Frank at 8:23 AM

Car Thieves Take the Bait

Modesto, CA Records Dramatic Vehicle Theft Reduction; Las Vegas, NV Now Ranks as Country's Number One Metro Area With Highest Theft Rate

DES PLAINES, Ill. -- The National Insurance Crime Bureau (NICB) reported today that after three consecutive years as the area with the worst per capita vehicle theft rate in the nation, Modesto, CA has fallen into the number five position-a dramatic improvement. Taking over the "Number One Hot Spot" is Las Vegas, NV.

As in 2005, the western United States still ranks as the area of the country with the highest auto theft rates. All of the nation's top ten areas are in the west with five of them in California.

For 2006, the ten metropolitan statistical areas with the highest vehicle theft rates are:

1. Las Vegas/Paradise, NV
2. Stockton, CA
3. Visalia/Porterville, CA
4. Phoenix/Mesa/Scottsdale, AZ
5. Modesto, CA
6. Seattle/Tacoma/Bellevue, WA
7. Sacramento/Arden-Arcade/Roseville, CA
8. Fresno, CA
9. Yakima, WA
10. Tucson, AZ

According to Hot Spots, its annual report on auto theft rates, NICB reviewed data supplied by the National Crime Information Center (NCIC) for each of the nation's 361 Metropolitan Statistical Areas (MSAs). MSAs are designated by the Office of Management and Budget and may include areas surrounding a specific city.

The rate is determined by the number of vehicle theft offenses per 100,000 inhabitants using the 2005 U.S. Census Population Estimates, the most current figures available.

Preliminary FBI data shows a 2.3% decrease in motor vehicle thefts during January-June, 2006, when compared with the same period in 2005. Nationally, this is the third straight year of decreases in vehicle theft.

"People can take any number of precautions to protect themselves from vehicle theft and, in most cases, those are sufficient to prevent a theft," said NICB President and Chief Executive Officer Robert M. Bryant. "But a determined thief, a serial vehicle thief, is someone for whom there is no absolute deterrent-except prison.

"NICB, through the support of its member companies, has pursued an aggressive "Bait Vehicle" and License Plate Reader Program around the nation. These cutting-edge enforcement tools offer law enforcement the latest in high- tech crime fighting, and are partly responsible for the absolutely outstanding results achieved in Modesto. When used in conjunction with comprehensive legislation and aggressive prosecution, police on the street can have a tremendous impact on vehicle theft and other crimes," added Bryant.

NICB recommends the following actions under its "layered approach" to protection that automobile owners can take to minimize their risk and prevent their car from becoming the next statistic:

Common Sense -- An unlocked vehicle with a key in the ignition is an open invitation to any thief, regardless of which anti-theft device you use. The common sense approach to protection is the simplest and most cost-effective way to thwart would-be thieves. Secure your vehicle even if parking for brief periods. You should always:

-- Remove your keys from the ignition
-- Lock your doors/close your windows
-- Park in a well-lit area

Warning Device--The second layer of protection is a visible or audible device which alerts thieves that your vehicle is protected. Popular second layer devices include:

-- Audible alarms
-- Steering column collars
-- Steering wheel/brake pedal lock
-- Brake locks
-- Wheel locks
-- Tire locks/tire deflators
-- Theft deterrent decals
-- Identification markers in or on vehicle
-- VIN etching
-- Micro dot marking

Immobilizing Device--The third layer of protection is a device which prevents thieves from bypassing your ignition and hot-wiring the vehicle. Some electronic devices have computer chips in ignition keys. Other devices inhibit the flow of electricity or fuel to the engine until a hidden switch or button is activated. Popular third layer devices include:

-- Smart keys
-- Fuse cut-offs
-- Kill switches
-- Starter, ignition, and fuel pump disablers
-- Wireless ignition authentication

Tracking Device--The final layer of protection is a tracking device which emits a signal to police or a monitoring station when the vehicle is stolen. Tracking devices are very effective in helping authorities recover stolen vehicles. Some systems employ "telematics" which combine GPS and wireless technologies to allow remote monitoring of a vehicle. If the vehicle is moved the system will alert the owner and the vehicle can be tracked via computer.

The National Insurance Crime Bureau is the nation's leading non-profit organization exclusively dedicated to preventing, detecting and defeating insurance fraud and vehicle theft through information analysis, investigations, training and public awareness.

Anyone with information concerning auto theft and insurance fraud can report it anonymously by calling toll-free 1-800-TEL-NICB (1-800-835-6422) or by visiting our web site.

For the complete information on Hot Spots 2006, please visit www.nicb.org.

Source: National Insurance Crime Bureau

Posted by Frank at 7:23 AM

LoJack-Equipped Helps Police Uncover Four Chop Shops, One Illegal Export Operation in One Week

LoJack System Recovers a Broad Range of Mobile Assets and Aids Police in Making Multiple Arrests

WESTWOOD, Mass. -- In less than one week in April, LoJack Corporation's Stolen Vehicle Recovery System was instrumental in helping police uncover four chop shops and one international theft operation in five different states, recover 17 cars, four motorcycles, numerous pieces of construction equipment and arrest 11 suspects.

The LoJack System has once again proven its effectiveness in recovering a wide spectrum of stolen mobile assets and in helping police to apprehend the criminals behind these crimes. In fact, every 17 minutes a stolen vehicle equipped with LoJack technology is recovered somewhere in the world.

"Uncovering a chop shop maximizes the effectiveness of the LoJack System, enabling law enforcement to recover multiple mobile assets at one time," said Richard T. Riley, LoJack Chairman and CEO. "These recent recoveries highlight the versatility of LoJack's proven Radio Frequency technology, enabling police in both helicopters and vehicles to track and recover assets including cars, motorcycles and construction equipment found inside a steel shipping container, in chop shops, as well as out in the open."

About the Recoveries:

LoJack-Equipped Honda Leads Police to Chop Shop Using Pit Bulls for Protection

In this recovery, a Natick, Massachusetts resident had his car stolen while he slept. Once the signal was activated, Lynn Police and the Massachusetts State Police troopers tracked the vehicle to a home in Lynn, MA where officers found a partially stripped vehicle in the driveway and two more in a nearby garage. Four people were placed under arrest, but the resident of the property refused to surrender. After subduing and arresting the resident, the officers were confronted by two pit bulls, one of which began attacking an officer. Another officer was forced to fire his weapon at the attacking dog. In this instance, the LoJack System enabled police to finally put an end to a chop shop that had been under investigation for a period of time.

LoJack-Equipped Pickup Truck Leads Police to Major Chop Shop

In this recovery, a LoJack-equipped Ford F250 Turbo Diesel pickup was reported stolen in San Antonio, TX. A Texas State Trooper picked up the LoJack signal and located the pickup parked in front of an auto parts and repair service business. Upon investigation, the State Motor Vehicle Theft Service and the San Antonio Police Department found 11 additional stolen vehicles on the premises, worth just under $200,000. The owner of the business was arrested.

Deputy Sheriff Tracks Construction Equipment to Chop Shop at a Private Home

In this recovery, the owner of a skid steer was inspecting his Florida construction site after a weekend and realized that his equipment was missing. Not long after reporting the theft to the Polk County Sheriff's Office, a deputy began receiving a signal emitted from the skid steer. The Deputy tracked the signal to a fenced-in yard behind a private home. The investigation recovered numerous other pieces of stolen equipment valued at approximately $250,000 and the owner of the home was arrested.

Police Bust Motorcycle Chop Shop and Arrest Three

In this recovery, a Yamaha motorcycle was stolen in Charlotte, North Carolina. Within minutes of the activation, A West Columbia Police officer with the assistance of Lexington County Sheriff's deputies, tracked the signal to a local motorcycle repair shop where the investigation revealed three stolen Suzuki motorcycles along with three stolen covered trailers typically used to transport motorcycles. The owner of the repair business and two other subjects were arrested.

Helicopter Tracks Stolen Vehicle to Steel Shipping Container

In this New Jersey recovery, a Newark police aviation unit received a signal from a Land Rover that had been reported stolen in Virginia. The helicopter tracked the LoJack signal to a steel shipping container sitting at a Newark port awaiting shipment overseas. When the container was opened, police found the Land Rover they had been tracking along with two other stolen vehicles. The investigation into this illegal export operation is ongoing.

Source: LoJack Corporation

Posted by Frank at 7:21 AM

Score a Pair of Yankees Tickets When You Rent from Avis

Official Rental Car Company of the New York Yankees Wants to Send Their Customers to a Game

PARSIPPANY -- Avis Rent A Car System, LLC today announced a new promotion that will reward customers with a pair of Yankees tickets when they rent for 14 days or longer from local Manhattan and Brooklyn Avis locations.

The ticket giveaway program begins on rentals starting April 23 and continues while supplies last. As the Official Rental Car Company of the New York Yankees, this promotion is one of many activities planned for the 2007 season to promote Avis and the Yankees in the New York metropolitan area.

"Avis is pleased to offer our customers the chance to win tickets to see the legendary New York Yankees," said Becky Alseth, senior vice president of marketing for Avis Budget Group, Inc., parent company of Avis. "This is just one more way that 'We Try Harder' to reward our loyal customers with programs that enhance the rental experience."

To qualify for the free ticket promotion, renters must have a valid Avis Wizard number and use it at the time of rental. Customers may obtain a wizard number at www.avis.com/baseball. Rentals must be 14 consecutive days or longer and start on April 23, 2007 or after. Offer is valid at Avis locations in Manhattan and Brooklyn. Rentals at the New York metropolitan airports do not qualify. Rentals are tracked using the renter's Wizard number. Upon completion of the qualifying rental, Avis will select the tickets and mail them to the renter within 30 days of the last day of the rental. To make a reservation or to learn more about the promotion, visit www.avis.com/baseball.

About Avis

Avis Rent A Car System, LLC and its subsidiaries operate one of the world's leading car rental brands, providing business and leisure customers with a wide range of services at more than 2,000 locations in the United States, Canada, Australia, New Zealand and the Latin American / Caribbean region. Avis is one of the world's top brands for customer loyalty, ranking as the number one car rental company in the 2006 Brand Keys(R) Customer Loyalty Index. The company is a wholly owned subsidiary of Avis Budget Group, Inc. (NYSE:CAR) . For more information, visit www.avis.com.

Source: Avis Rent A Car System, LLC

Posted by Frank at 7:20 AM

See the Gumball 3000 Rally From a Whole New Perspective at warriorheart.org

SAN FRANCISCO -- The Warrior Heart Foundation(TM) announced today that it has entered the Gumball 3000 Rally as its official Foundation kick-off event.

"My co-pilot Freddie Laker and I are very excited to be participating in such an amazing and visible event. With millions of fans around the world, it is a perfect way to launch and publicize the Warrior Heart Foundation(TM), whose mission is to inspire and empower people to live their dreams," said foundation Founder and President Steve Schimmel.

"We've wired our car with three video cameras and will be recording 24 hours a day. We will be updating our website (www.warriorheart.org) several times each day with video blogs and will post a time lapse video which will take visitors through the entire 3000 mile cross-continental madness in under seven minutes. According to our friends at Gumball no one has ever attempted anything like for the Gumball Rally," said Team Warrior Heart co-pilot Freddie Laker.

From April 29th - May 6th, The Gumball 3000 Rally will take Team Warrior Heart 3000 miles in 8 days through 17 countries from London to Asia and back. They will be participating as rally car #13 in Mr. Schimmel's 2005 Porsche Carrera GT. In Albania, they will be officially supported by the United Nations to promote peace and friendship in the region and will be dining with the Albanian President. Crowds of spectators along the way are expected to be in the millions, with over one million anticipated in Amsterdam alone.

The Warrior Heart Foundation(TM) develops initiatives to support expressions of "creative spirit" in the areas of Art and Entrepreneurship. The foundation was founded by Steve Schimmel, member of the founding business team and employee 13 at Google, Inc in Mountain View, CA. Freddie Laker is the founder and CEO of iChameleon Group in Hollywood, FL and is son of esteemed British entrepreneur Sir Freddie Laker.

Viewers can learn about the foundation and keep track of Team Warrior Heart on the Gumball 3000 Rally by visiting their website at www.warriorheart.org

Source: The Warrior Heart Foundation; iChameleon Group

Posted by Frank at 7:19 AM

Twenty-Three States Declare Support for National Tire Safety Week

Effort Promotes Tire Care to Save Lives and Save Fuel

WASHINGTON -- Twenty-three states have issued proclamations or statements to support the tire industry's education efforts for this year's National Tire Safety Week, which runs April 22-28.

The Rubber Manufacturers Association (RMA) expressed gratitude to the states for assisting in communicating RMA's message about proper and routine tire care to promote safety, prevent vehicle crashes and save lives.

"Proper tire care is essential to vehicle safety and optimum fuel economy," said Dan Zielinski, RMA vice president, communications. "We appreciate states' efforts to promote highway safety by urging motorists to take just five minutes every month to check their tires."

States issuing a proclamation or statement supporting National Tire Safety Week include: Alabama, Arizona, California, Connecticut, Delaware, Indiana, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New Jersey, New Hampshire, Pennsylvania, Rhode Island, South Carolina, Tennessee, Vermont, West Virginia and Wisconsin. The statements are available at http://www.betiresmart.org/.

The federal government estimates that 660 fatalities and 33,000 injuries annually are attributed to under-inflated tires. According to an RMA survey, only 19 percent of motorists properly check tire pressure and 70 percent of motorists never check the air in their spare tire. Results found that only one in three drivers knows how to tell if a tire is bald.

National Tire Safety Week is an initiative of RMA's "Be Tire Smart - Play Your PART" tire care education program. RMA is the national trade association for tire manufacturers.

RMA recommends that motorists check tire inflation pressure (including the spare) once a month and before long trips. Drivers should also periodically check wheel alignment and rotate their vehicle's tires every 5,000-8,000 miles to ensure even tire wear. To check tire tread, insert a penny head-first into your tire tread groove. If you can see all of President Lincoln's head, it's time for a new tire.

More than 17,000 tire retail, auto dealer and automotive repair facilities offered RMA's Be Tire Smart brochure to motorists for this year's National Tire Safety Week. Virtually all of RMA's partners offer free tire inflation pressure service all year and will also measure tread depth.

"Your tires are the only part of your vehicle that touch the road," Zielinski said. "With regular care and maintenance, they'll last longer and deliver optimum safety performance."

The Rubber Manufacturers Association is the national trade association for the rubber products industry. Its members include more than 80 companies that manufacture various rubber products, including tires, hoses, belts, seals, molded goods and other finished rubber products.

Source: Rubber Manufacturers Association

Posted by Frank at 6:49 AM

April 24, 2007

LS 600h L Hybrid Sedan: The Ultimate Lexus

08_LS_600h2.jpg

Torrance, CA - When the 2008 LS 600h L hybrid luxury sedan launches this summer it will provide the highest level of performance and technology, and the truest expression of luxury of any Lexus ever created. The hybrid model elevates the LS to a new level, expanding Lexus and its presence among the ever more discriminating customer.

"The LS 600h L will stand as the flagship for the Lexus brand by providing the highest level of technical advancements, ride comfort, safety and luxury of any vehicle in our lineup," said Jim Farley, Lexus group vice president and general manager. "Its development process mixed the old and the new. The old, through a Lexus-established build process that achieves an extraordinary fit and finish only attainable by our master craftsmen, and the new with cutting-edge engineering innovations. Through this combination the LS 600h L raises our own quality expectations and may rank among the most technologically advanced automobiles in the industry."

Lexus Hybrid Drive
The all-new LS 600h L will be powered by the ultra-quiet Lexus Hybrid Drive system, the automotive industry's most advanced gas-electric hybrid system developed to date that features the world's first full V8, all-wheel-drive (AWD) hybrid drivetrain. The system combines a new 5.0-liter V8 gasoline engine with two powerful electric motors and a newly designed large-capacity battery pack that is lighter and extremely quiet. Together, this advanced combination provides the LS 600h L with an unmatched balance of environmental efficiency and performance.

08_LS_600h3.jpg

The LS 600h L's Lexus Hybrid Drive system provides power and performance on par with competitors normally aspirated 12-cylinder powerplants. The hybrid powertrain generates a peak combined output rating of 438 horsepower and can effortlessly accelerate the LS 600h L from zero-to-60 mph in just 5.5 seconds. Mid-range acceleration is even more impressive. The system's electric motor is capable of delivering maximum torque, on demand, and is most beneficial during passing maneuvers. Finally, exhilarating torque is in abundance at higher speeds as the LS 600h L rapidly accelerates from 50-70 mph in a rapid 3.5 seconds.

The innovative V8 features an electric-motor driven Variable Valve Timing with intelligence and Electrically controlled intake cam (VVT-iE). This combination of VVT-i with electric-motor driven intake and a hydraulically controlled two-way exhaust system achieves superior engine-startup operation and high-output performance. A newly developed Hydrocarbon Adsorber and Catalyst (HCAC) system is linked to the two-way exhaust to help prevent hydrocarbons contained in the exhaust from being released into the atmosphere during cold start up when the catalysts are not up to temperature.

The LS 600h L's high-output performance is matched with a preliminary MY08 EPA-estimated miles-per-gallon fuel efficiency rating of 20 in the city, and 22 on the highway. Its combined fuel economy rating of 21 mpg is equal to or better than the combined fuel-economy ratings of many V6 all-wheel-drive mid-sized luxury sedans.

The LS hybrid is expected to carry a Super Ultra Low Emission Vehicle (SULEV) rating. A SULEV rating means the LS 600h L has nearly 70 percent cleaner smog forming emissions than vehicles with a conventional internal combustion engine and cleaner than the ambient air in some major cities.

An added benefit to Lexus Hybrid Drive is the significant reduction in noise, vibration and harshness (NVH) it delivers to the LS 600h L. The new V8 is tuned to reduce vibration and sound by adding additional sound insulating materials around the cylinder head covers. Additional NVH reduction is achieved by reducing damper pulley tensions and perfecting engine mount sizes and locations through repeated testing by Lexus engineers. The NVH levels in the LS 600h L are approximately half those found in other luxury cars, making it one of the quietest automobiles ever built.

"Full Hybrid" Powertrain
The LS 600h L is defined as a "full hybrid," capable of operating in electric-only mode or with a combination of the gas engine and electric motor. In contrast, other hybrid technologies require constant gas operation and are not capable of running only on electric power alone. Lexus hybrid technology allows electric-mode-only operation at low speeds or stop-and-go driving conditions, reducing fuel consumption and noise.

The hybrid system in the LS 600h L uses a 288-volt DC Nickel Metal Hydride (Ni-MH) compact battery pack installed behind the rear seat. The trunk also contains a 12-volt auxiliary battery that powers the audio, navigation, and other systems. The battery's power is directed through a "boost converter" that efficiently raises voltage to a maximum 650V DC. An inverter changes this to AC, providing it elevated power to a 165-kW electric motor that turns at a rate of as much as 10,240 rpm. Lexus engineers devised a higher output inverter that both increases output by 10 percent and makes it compact in size and weight for easy mounting in the engine compartment.

The LS 600h L's powertrain uses two motor generators: MG1 and MG2. Each performs specific functions and can operate as either a motor or a generator, although MG1 is used as a starter motor and provides no motive force. The engine-driven generator, MG1, can charge the battery pack or provide additional power to the drive motor, MG2, as needed.

Full-Time All-Wheel Drive
The vast power of the LS 600h L is distributed by a newly developed full-time AWD system that delivers superior handling and traction control. This state-of-the-art system adapts to almost any road surface to help provide excellent vehicle stability during acceleration, high-speed driving and cornering while also delivering the natural handling feel of a rear-wheel-drive vehicle.

The outstanding performance of the AWD system is accomplished through a new transfer case that is ultra quiet, compact and equipped with a unique Torsen® limited-slip differential (LSD) that is 30 percent lighter in size and weight than previous Torsen® systems. To maximize the AWD system's performance, the LSD features a rear biased torque distribution of 40:60 under normal straight-line driving. The LSD automatically and continually adjusts power distribution between the front and rear wheels according to changing speed and road conditions.

The micron-polished finish of the gears in the transfer case renders remarkably low noise levels. Placement of the LSD inside the transfer case further reduces noise and helps eliminate the raised-floor tunnel, providing enhanced interior comfort.

Extraordinary Hybrid Transmission
The LS 600h L features a dual-stage electronically controlled continuously variable transmission. The combination of a V8 5.0-liter AWD system and hybrid transmission results in impressive power and seamless acceleration.

The dual-stage electronically controlled continuously variable transmission includes eight-speed sequential braking. The sequential braking mode is activated when the shift lever is in the "S" mode, allowing eight different stages of response. When up-shifting, engine speed is controlled by the selected range, offering an exhilarating boost in acceleration during each of the eight shift stages. When downshifting, brake-force increases allowing for an equally exciting deceleration.
Power is controlled by a three-mode hybrid switch to allow the driver the most effective use of torque output. The driver can select "hybrid" (normal), "power," or "snow" options. The "hybrid" mode provides the smoothest operation and is ideal for city or suburban driving; "power" sharpens accelerator pedal response and "snow" mode softens accelerator pedal response, making it easier to accelerate on slippery road surfaces.

For the ultimate in quiet driving and low emissions the LS 600h L features an EV drive mode. By pushing an EV switch, power reverts to full electric mode for short-distance, slow driving situations such as residential areas or parking garages.

Optimum Fuel Saving Technology
The LS 600h L is equipped with a power-steering system and air-conditioning compressor that are electrically powered to reduce parasitic losses to the engine, thereby helping improve fuel consumption. This is necessary because, as a fuel-saving benefit of the hybrid system, the gas engine often shuts down, particularly when the vehicle is stopped or driven slowly in traffic. Additionally, demand on the air conditioner is reduced through the use of ultraviolet and infrared ray-reducing tinted glass on all windows.

A regenerative braking system further boosts efficiency. When the vehicle is coasting or the brakes are applied, the electric motors function as generators, capturing kinetic energy that would normally be lost as heat through the brakes and transforming it into useable electricity to recharge the batteries.

Responsive Handling
The powerful acceleration of the LS 600h L is matched by responsive handling that includes a class-leading turning radius while maintaining the ultra-comfortable ride that has become synonymous with all Lexus vehicles. Lexus engineers developed multi-link front- and rear-suspension systems to achieve outstanding adaptability to unevenness in road surfaces, including a new multi-link front suspension exclusive to the LS 600h L. This new suspension helps overcome under-steering and drifting situations common when driving an AWD vehicle at high speeds. A newly developed front suspension and an optional active stabilizer help maintain exceptional vehicle control and ride comfort during high-speed lane changes or driving on winding roads.

External cylinder-restriction air springs smoothly absorb shock, achieving ride comfort without roll sensation or vibration due to road conditions. A standard air suspension control system helps maintain superb vehicle posture and stable driving performance with minimal pitching and rolling.

The LS 600h L is equipped with large front- and rear-ventilated disc brakes and standard 19-inch, seven-spoke aluminum alloy wheels with all-season tires. These special wheels receive extensive buffing, and their shape is meticulously analyzed to create a form with shade depths that shift when the vehicle is in motion.

The LS 600h L is controlled by Electronic Power Steering (EPS), which delivers a smooth steering feel that supports the multilink suspension and large-diameter tires. The EPS motor creates a steering impression that responds to the driver's touch and provides a responsive feel when cornering.

Variable Gear Ratio Steering (VGRS) is integrated into the steering-gear housing to optimize the steering gear ratio according to vehicle speed, enhancing responsiveness and driver control. VGRS also partners with the Vehicle Dynamics Integrated Management (VDIM) system, making minor adjustments to the front-wheel angle to help provide improved stability in challenging road conditions.

Elegant Styling and Appointments
Over the last three years, Lexus has developed its L-finesse styling philosophy. This new design language rests upon the inherent contrast between simplicity and elegance, and the beauty of achieving a balance between the two. Like the LS 460, GS, IS and ES, the all-new LS 600h L flagship adopts this philosophy, revealing a family resemblance in the new Lexus sedans – one that conveys elegance, refinement and a strong emotional appeal.

With the new LS 600h L, designers have achieved a new level of meticulous detail, polished excellence and engaging comfort that is unique to Lexus. Styled at the Global Design Center in Tokyo, the LS 600h L uses complex lines and surfaces throughout the body. Exterior design cues embody a dignified strength, yet a sense of emotion and aggressiveness is exemplified in the continuous flow of the hood and bumper. The LS 600h L adopts the forceful profile, portraying a sense of power combined with an image of increasing speed. Minimal body gaps, a low front grille and deep-drawn fenders all contribute to this look.

Stylish projector-type headlamps with blue crystal rings, which also include the world's first night-time LED low beams, provide excellent visibility and contribute to the LS 600h L styling theme. Blue accents on the front headlamps, taillamps, badging, engine cover and the SmartAccess key fobs and Smart Card key are unique to the
LS 600h L.

Passenger space and luxury comfort were the primary focus of the interior cabin design. Genuine semi-analine leather is featured throughout the cabin, its rich appearance softened and structured with additional stitching to create a relaxed atmosphere. The leather-trim extends beyond the seats and onto the instrument panel, upper front doors and door armrests. The center console adds to passenger comfort and convenience through perfect angle placement for ease of use from either the driver or front passenger seat and is placed at the same height as the door armrests for a comfortable balance. Additional luxury touches unique to the LS 600h L includes a wood-trimmed and chrome-plated shift knob and wood-trimmed assist grip.

Advanced Safety Technologies
Cutting-edge active and passive safety technologies combine in the LS 600h L to create one integrated system. Active safety features include the Vehicle Dynamics Integrated Management (VDIM) stability system, which assimilates and manages the Electronically Controlled Brake (ECB) system, EPS, Vehicle Stability Control (VSC), Antilock Braking System (ABS), Electronic Brake-force Distribution (EBD) and engine torque via the electronically controlled throttle. Monitoring a variety of sensors, the system anticipates the onset of a vehicle skid or slide while cornering, and then helps correct the situation with a combination of braking, throttle and steering control in a way that is essentially transparent to the driver. The VDIM system gathers data from more sources, processed earlier and faster than in previous designs, which helps make the LS 600h L's system even more seamless and effective. VSC can also be turned off by the driver via the Trac Off button. In addition to the active safety features, the LS 600h L is standard-equipped with eight standard airbags, with a maximum of 11 airbags available through option packages.

Lexus engineers have also developed an Advanced Pre-Collision System (APCS). It is the world's first system designed to help detect pedestrians in the vehicle's path. APCS, with two small cameras mounted at the front of the car that work in conjunction with millimeter-wave radar, is sensitive enough to detect certain nonmetallic objects.

As part of APCS the LS also offers the world's first Driver Monitor System. A third camera, mounted on the steering column, monitors the orientation of the driver's face. If the camera detects that it appears the driver is not looking directly ahead for a few seconds or more, and if an obstacle is detected ahead, then it alerts the driver first with a warning chime and a flashing light. As the car gets closer to the obstacle, APCS can begin to gently apply the brakes on its own. To assist the driver in maneuvering around the obstacle, the system reprograms the steering ratio, amplifying the intensity and quickness of the steering response.

While all of this is happening, the system automatically retracts the front seatbelts and prepares the brake system to respond with full force when activated by the driver in anticipation of a possible impact.

Refined Comfort and Convenience
The LS600h L delivers nearly five inches more legroom than the LS 460. It also provides the highest level of comfort and convenience features among all LS models. Standard features include a hard disk drive (HDD) Lexus Navigation system with a backup camera and Bluetooth® technology and voice activation, and XM factory-installed satellite radio with real-time traffic displays and dynamic route guidance. For genuine theater-level entertainment, the LS 600h L features a standard 19-speaker 450-watt Mark Levinson® Reference Surround Sound audio system, raising the bar for automotive sound systems. A portion of the HDD is dedicated to storing as many as 2,000 (128-bit) digital songs. An auxiliary jack located in the front center console allows for iPod or MP3 capable digital music players.

Additional standard features include an Adaptive Front lighting System (AFS), climate-controlled front seats, heated rear seats, a heated steering wheel, power rear sunshade, one-touch open/close power trunk, power door closers, headlamp washers, SmartAccess with push-button start and card key, electronic parking brake, Intuitive Park Assist, and laminated side glass.

A list of optional conveniences includes an Advanced Parking Guidance System (APGS) to assist with parallel and back-in parking. Once the driver has correctly positioned the car and identified the desired parking spot via the navigation screen, APGS utilizes the rear back-up camera parking sonar sensors and electric power steering system to guide the car into the spot, while the driver controls speed via braking.

Special option packages offer unique features for the ultimate touch of luxury. The Premium Package includes climate comfort rear seats with a heat/cool knob, rear power seats with memory, rear power headrests, rear seat side airbags, Lexus Link and APGS. The left-side rear power seat has a built-in 28-degree angle and reclines up to 38 degrees and the rear seat moves front to back approximately three inches.
The Premium Package II includes all features in the Premium Package and a heater control panel, four-zone climate control, rear audio controls, additional wood trim, rear air purifier, rear cool box, rear headliner and side air ducts, power rear-door sunshades, and a rear seat entertainment system equipped with a power ceiling-mounted nine-inch screen for DVD viewing.

The Executive Class Seating Package II includes all features in the Premium Package II and features a power right rear seat that reclines up to 45 degrees with an upper-back recliner featuring a 17-degree angle adjustment. A multi-function massage feature includes an enhanced massage mode for the right-rear seat recliner that can be used separately or in conjunction with the seat heater and cooler. The package also includes a rear-seat wood-trimmed table and the rear-seat entertainment system features wireless headphones.

The rear climate control is upgraded with three infrared sensors located in the headliner that measure lap, upper body and seat on each side and then adjusts airflow accordingly.

An Active Power Stabilizer is also available and features 19-inch summer tires, high-friction brakes and an active-stabilizer system to help reduce body roll.

Each limited Launch Edition LS 600h L will come in a unique Truffle Mica exterior color matched to an Alabaster and Black leather interior. Additional features exclusive to the Launch Edition model will include a leather-trimmed upper and lower black monotone instrument panel, 19-inch split five-spoke aluminum wheels with a shiny chrome finish, an etched chrome-finish "Launch Edition" interior badge including the vehicle's serial number, "Launch Edition" logo floormats, and the Premium Package.

Superior Craftsmanship
Beyond the advanced technology and endless array of comfort and convenience features, at the heart of the LS 600h L is the meticulous pursuit of perfection for which Lexus has always stood. This is especially evident in the new LS build process. Through the use of a revolutionary production process, Lexus has elevated the bar on what has already been globally recognized as the best production facility in the world. A build process was developed specifically for the LS line at the award-winning assembly plant in Tahara, Japan. With remarkable levels of fit, finish, accuracy and refinement achieved through the combined skill, knowledge, and pride of Lexus master craftsmen and advanced technology, the LS 600h L exemplifies "world's best."

Premium Protection
All new Lexus vehicles come with a 48-month/50,000-mile basic limited warranty with roadside assistance for 48-months/unlimited miles. Powertrain and restraint system coverage is provided for 72 months/70,000 miles. Corrosion perforation protection is covered for 72 months, regardless of mileage. The hybrid-related components, including the HV battery, battery control module, hybrid control module and inverter with converter, are covered for eight years/100,000 miles.

Posted by Frank at 8:24 AM

Mazda's US, Global Sales Grow in 2006 FY

* Best sales in the US market in 12 years

* Best sales in the European market in 15 years

* Highest-ever sales results in ten countries

HIROSHIMA , Japan —Mazda Motor Corporation today announced that its global retail sales volume was over 1.3 million vehicles in fiscal year (FY) 2006. Mazda posted its best FY sales results in the US market since 1994 and also achieved its best performance in Europe since 1991. In addition, a total of ten overseas markets* achieved best-ever sales results in FY2006.

Mazda’s global retail sales in FY2006 were 1,301,581 units, up 2.0 percent over FY2005 results, driven by continued brisk sales of the Mazda3 (known as the Axela in Japan) and Mazda5 (Premacy) in global markets.

In North America, sales performance in the US market was up 7.3 percent versus the prior year with FY2006 sales of 280,589 units, marking the best performance in 12 years. Canada celebrated an all-time sales record in 2006 with 83,624 vehicle sales, an increase of 4.2 percent over 2005. At 9,819 unit sales for the full year, Mazda achieved excellent results in Mexico with sales of over four times the prior fiscal year’s result.

Mazda set all-time FY sales records in four markets in Europe, viz.: the UK, Russia, Spain and Portugal. Other key markets posting excellent year-on-year sales results included Germany, France and Austria. In Europe, Mazda reported its highest fiscal year sales volume in 15 years, selling 301,167 vehicles in FY2006, a 6.7 percent increase over the prior year.

Mazda also enjoyed record sales growth in Oceania, achieving another year of record sales in Australia in FY2006 with 67,225 new vehicles sold, an increase of 2.7 percent on 2005. New Zealand also saw record numbers with 6,351 unit sales, up 4.5 percent on the prior year.

“FY2006 was a great sales year for Mazda. We sold over 1.3 million vehicles globally, enjoyed record-breaking sales in ten countries, and achieved continued sales growth in North America and Europe,” said Daniel T. Morris, Mazda Senior Managing Executive Officer responsible for Mazda’s Marketing, Sales and Customer Service Division.

“These achievements are a testament to the entire Mazda team and our dealer partners worldwide. I am particularly pleased that our products have been so well received by our customers,” stated Morris.

“We face a challenging global sales environment, but are renewing our efforts under our Mazda Advancement Plan to focus on improving our brand and striving for excellence in all aspects of our business. Going forward, we are confident that we’ll provide our customers with the high quality products and aftersales service they demand…and deserve,” said Morris.

Posted by Frank at 8:21 AM

Ford gaining traction with edgy crossovers, sedans

cuvtrend2.jpg

DEARBORN, April 24, 2008 -- Just three years ago, 70 percent of new Ford Motor Company vehicles sold in the U.S. were trucks and traditional SUVs. The rest were cars. Now, the split is nearly 50-50 as Ford rides a major consumer shift to crossover vehicles (CUVs), along with the popularity of its midsize cars.

"(Crossovers are) one of the biggest and fast growing segments in the market," said John Casesa, managing partner, Casesa Shapiro Group. "There is an offensive reason to be (in that segment) because of the growth, but there's also a defensive reason. If you don't have competitive crossovers, you are going to take a lot of market share risk."

Crossovers, largely built on car-based architectures, offer much the same utility as truck-based SUVs, but generally are more fuel efficient. CUVs have grown from 500,000 in 2000, to 2.4 million in 2006, surpassing both full-size pickups and SUVs in annual sales. And the number of CUV models has nearly tripled during the same period.

Ford predicts CUV sales to reach at least 3 million units a year by the end of the decade, challenging small cars as the industry's largest segment.

To that end, strong sales of the Ford Edge and Lincoln MKX crossovers, as well as the Ford Fusion, Mercury Milan and Lincoln MKZ midsize cars, are critical to bolstering Ford's U.S. retail share, which lost one point in each of the last six years. So far, the new products are delivering.

"Since June of last year, the company's retail share has remained at a fairly constant level -- around 13 percent," said Cisco Codina, group vice president, Ford North America Marketing, Sales and Service. "One of our objectives for 2007 is to stabilize share. We are on track to do that."

The new Edge crossover, after only three months on the market, is outperforming the Fusion, which has grown sales each month since its introduction and received numerous accolades. In fact, sales levels and transaction prices of the Edge are comparable to -- and in some cases better than -- those of established competitors with well-deserved reputations, says George Pipas, manager of Ford's U.S. Sales Analysis.

Edge's conquest rate, its effectiveness at capturing competitors' customers, is 41 percent, a figure Codina calls "very high." Meanwhile, Lincoln's MKX is outselling the Acura RDX and both Infinity FX models.

Altogether, first quarter sales of Ford, Lincoln and Mercury crossovers climbed 29 percent, the largest increase of any major automaker in the nation's fastest-growing segment.

With Edge, MKX, a new Ford Escape and Mercury Mariner, the new Taurus X coming later this year and the new Ford Flex scheduled to hit dealerships in the summer of 2008, the company will have six crossover vehicles among its Ford, Lincoln and Mercury brands.

Casesa calls the new Edge and Lincoln MKX "very competitive crossovers." And he is very optimistic about the Flex.

"I think the Flex will be an extremely effective entry and probably with greater market potential than Edge because of the spacious interior packaging and the third-row seat," explained Casesa.

Consumer demand for the Fusion, Milan and MKZ continues to grow in their second full year of production. Fusion sales were up 33 percent through the first quarter of 2007, while Milan sales climbed 34 percent. MKZ also experienced a sales increase. Fusion's conquest rate has been running in the mid-40 percent range. Furthermore, Fusion and Milan both posted best-ever sales months in March.

"Often, when you see a new product get off to a good start in its first year, it begins to sputter in the second year," said Pipas. "Fusion, Milan and Zephyr are in their second year, and we still haven't found their ceilings."

Ford's car lineup with be further strengthened this year when the new Ford Taurus and Mercury Sable debut this summer and the redesigned Ford Focus hits the market this fall.

"This is the best product lineup I've had to work with in years. We still have challenges, but we're seeing light at the end of the tunnel," said Codina. "We're introducing new products that consumers are excited to buy."

Posted by Frank at 8:20 AM

Toyota overtakes GM in global vehicle sales

TOKYO - Toyota Motor Corp. became the world’s top auto seller in the first three months of the year, passing rival General Motors Corp. for the first time, the Japanese automaker said Tuesday.

Toyota sold 2.348 million vehicles worldwide in the January-March quarter, company official Satoshi Yamaguchi said, surpassing the 2.26 million vehicles that GM said it sold during the same period.

The results mark the first time Toyota has beat GM in global sales on a quarterly basis, he said.

Posted by Frank at 8:19 AM

GM Helps Heart Association Raise [Money] Pulse

20th Annual Metro Detroit Heart Ball Breaks 50 Year National Record

More than 80 companies join together to raise $2.1 million for cardiovascular research

Detroit -- The American Heart Association's 20th Annual Metropolitan Detroit Heart Ball, presented for the sixth year by General Motors, broke a national organization record on Saturday raising $2.1 million for cardiovascular disease research.

The amount raised was not only the largest generated out of the 250 American Heart Association Galas in 2007, but also in the 50-year history of the organization's galas in the nation.

Chaired by GM Group Vice President and Chief Information Officer Ralph Szygenda and his wife Shelby, the Metro Detroit Heart Ball drew 800 prominent business, medical and community leaders. More than 80 companies supported this year's event which focused on children's heart health.

"I credit the success of this year's Metro Detroit Heart Ball to the organizations and individuals that supported this event. Beyond the platinum and gold sponsors there are so many in this community that provided financial support or donated live or silent auction items to assure the success of this very worthy cause. This event served two very important purposes: to raise awareness of heart disease as well as to raise funds for lifesaving cardiovascular research and community education programs," said Ralph Szygenda.

"Congratulations to General Motors, Ralph and Shelby Szygenda and the entire Detroit Heart Ball committee. Volunteers are at the heart of all we do. It takes a visionary leader and committee to accomplish what this group did Saturday night," said Cass Wheeler, chief executive officer of the American Heart Association. "Significant steps have been made to further the lifesaving research that reduces disability and death from heart disease and stroke."

Platinum sponsors of the 2007 Metro Detroit Heart Ball include ACS, AT&T, Bearing Point, Booz Allen Hamilton, Capgemini Corporation, Compuware, EDS, HP, IBM, Microsoft, SAP America, Inc., TPI, UGS, and Oracle. Gold Sponsors include Magna, Toyota, and UAW/GM Center for Human Resources. HOUR Detroit Magazine and WXYZ Channel 7 served as the event's media sponsors.

About the American Heart Association

Founded in 1924, the American Heart Association today is the nation's oldest and largest voluntary health organization dedicated to reducing disability and death from cardiovascular diseases and stroke. These diseases, America's No. 1 and No. 3 killers, claim more than 910,000 lives a year. In fiscal year 2004-05 the association invested over $473 million in research, professional and public education, advocacy and community service programs to help all Americans live longer, healthier lives. To learn more, call 1-800-AHA-USA1 or visit americanheart.org.

Posted by Frank at 8:13 AM

American Suzuki Announces New Automotive Operations President

MHarano.jpgBREA, Calif. -- Suzuki Motor Corporation today announced the appointment of Masafumi (Mark) Harano as president, automotive operations of American Suzuki Motor Corporation (AMSC) effective May 1, 2007.

Harano, 43, comes to American Suzuki from Suzuki Canada, Inc. where he has served as president for the past three years. Concurrent with Harano’s move to the United States in early May, Koichi Suzuki will return to the company’s headquarters in Hamamatsu, Japan, where he will oversee Suzuki’s North American marketing department.

The announcement of Harano’s appointment follows the company’s best first quarter ever and a record-setting 2006, when American Suzuki enjoyed automobile sales of more than 100,000 vehicles for the first time in its 22-year history. In addition to the sales volume achievement, the company enjoyed double-digit sales growth for the third consecutive year.

“I am proud that our sales showed double-digit increases for each of the last three years, and that we set a new sales record of over 100,000 units last year. These accomplishments are due in large part to the efforts of our American Suzuki team and a string of successful new products,” said Koichi Suzuki, president of American Suzuki Automotive Operations. “With more outstanding products on the horizon, I am confident that Mark’s leadership will allow American Suzuki to build upon its sales momentum and continue Suzuki’s success in the United States.”

Harano began his automotive career with Suzuki upon graduating from the Kobe City University with a degree in foreign studies in 1988. He has been responsible for Suzuki’s overseas automobile marketing in Southeast Asia and North America, as well as the company’s auto product planning department in Hamamatsu, Japan. Harano is familiar with American Suzuki’s Brea, Calif., operations, having served there as assistant to the company’s vice president of automotive sales and marketing for six years from 1993 to 1998 before moving to Canada.

“With the launch of three all-new products in the past two years, and with five more vehicles coming in the next four years, this is an exciting time for American Suzuki,” Harano said. “I look forward to the opportunities that many of these upcoming products will bring within automotive categories in which we currently do not compete.”

American Suzuki’s newly expanded product line includes the all-new XL7 midsize crossover SUV, the all-wheel-drive SX4 compact sport crossover, the media-acclaimed Grand Vitara, the popular Forenza sedan and Forenza Wagon, the five-door Reno and the Aerio sedan. These products will be joined this fall by the sporty, all-new SX4 sedan that was recently unveiled at the New York International Auto Show.

In addition to its strong vehicle line, Suzuki vehicles feature America’s #1 Warranty with an industry-leading 100,000-mile/seven-year, zero deductible, fully-transferable limited powertrain warranty.

About Suzuki

The Brea, Calif.-based Automotive Operations of American Suzuki Motor Corporation was founded in 1985 by parent company Suzuki Motor Corporation (SMC) and currently markets its vehicles in the United States through a network of more than 530 automotive dealerships in 49 states. Based in Hamamatsu, Japan, SMC is a diversified worldwide automobile, motorcycle and outboard motor manufacturer with sales of more than 2 million new automobiles annually. Founded in 1909 and incorporated in 1920, SMC has operations in 125 countries. For more information, visit www.media.suzukiauto.com.

Posted by Frank at 8:08 AM

Mercedes-Benz to Offer SIRIUS Radio in More Than 80% of Its Vehicles

SIRIUS added as standard equipment on S-Class and CLS

MONTVALE, N.J. -- Mercedes- Benz, USA and SIRIUS Satellite Radio today announced that Mercedes-Benz USA plans to significantly increase the rate at which they install SIRIUS radios in Mercedes-Benz vehicles to more than 80 percent for 2007, with plans to continue building to 90 percent for 2008 and over 90 percent by 2009.

The growth in the installation rate far exceeds earlier estimates of 50 percent that were set less than two years ago.

The luxury automaker also plans to offer SIRIUS as standard equipment on two additional models this year the S-Class and CLS. The new models will become available with SIRIUS at dealerships later this year. SIRIUS is currently standard in Mercedes-Benz's SL-Class and CL-Class model vehicles, and all AMG and 600 model vehicles.

"Mercedes-Benz customers enjoy SIRIUS' unique radio programming, including commercial-free music, news, information and the best sports programming," said Bernard Glaser, general manager of product management for MBUSA. "It is the perfect complement to the Mercedes-Benz driving experience."

"We are happy to see SIRIUS go standard across so many Mercedes-Benz vehicle models. Mercedes-Benz continues to be a great partner in driving the growth of SIRIUS," said Mel Karmazin, Chief Executive Officer of SIRIUS. "With these increased installation rates, now more Mercedes-Benz drivers will get to experience for themselves The Best Radio on Radio."

Mercedes-Benz continues to offer SIRIUS in its vehicles complete with six months of SIRIUS service.

About SIRIUS

SIRIUS, "The Best Radio on Radio," delivers more than 130 channels of the best programming in all of radio. SIRIUS is the original and only home of 100% commercial free music channels in satellite radio, offering 69 music channels. SIRIUS also delivers 65 channels of sports, news, talk, entertainment, traffic, weather and data. SIRIUS is the Official Satellite Radio Partner of the NFL, NASCAR, NBA and NHL, and broadcasts live play-by- play games of the NFL, NBA and NHL, as well as live NASCAR races. All SIRIUS programming is available for a monthly subscription fee of only $12.95.

SIRIUS Internet Radio (SIR) is a CD-quality, Internet-only version of the SIRIUS radio service, without the use of a radio, for the monthly subscription fee of $12.95. SIR delivers more than 75 channels of talk, entertainment, sports, and 100% commercial free music.

SIRIUS products for the car, truck, home, RV and boat are available in more than 25,000 retail locations, including Best Buy, Circuit City, Crutchfield, Costco, Target, Wal-Mart, Sam's Club, RadioShack and at shop.sirius.com.

SIRIUS radios are offered in vehicles from Audi, Bentley, BMW, Chrysler, Dodge, Ford, Infiniti, Jaguar, Jeep(R), Land Rover, Lexus, Lincoln, Mercury, Maybach, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Rolls Royce, Scion, Toyota, Volkswagen, and Volvo. Hertz also offers SIRIUS in its rental cars at major locations around the country.

About Mercedes-Benz USA

Mercedes-Benz USA, headquartered in Montvale, New Jersey, is responsible for the sales, marketing and service of all Mercedes-Benz and Maybach products in the United States. In 2006, MBUSA achieved an all-time sales record of 248,080 new vehicles, setting the highest sales volume ever in its history and achieving 13 consecutive years of sales growth. More information on MBUSA and its products can be found on the Internet at http://www.mbusa.com/ and http://www.maybachusa.com/ .

Source: SIRIUS Satellite Radio; Mercedes-Benz, USA

Posted by Frank at 7:18 AM

Hella Receives World Excellence Award from Ford

DEARBORN, Mich. -- For the third successive year, the Ford Motor Company has given the "World Excellence Award" to Hella.

The Czech subsidiary Hella Autotechnik in Mohelnice received the Silver Award for 2006 for outstanding performance in costs, quality and logistics. In total, Ford gave 34 Silver Awards, 15 Gold Awards and six recognition awards. Last year, Hella Electronics Corp. in Flora, Illinois, won this award. The Czech subsidiary Hella Autotechnik received the Silver Award in 2005.

Hella KGaA Hueck & Co., a global supplier, develops and manufactures components and systems for lighting and electronics for the automotive industry, including driver-assistance systems to enhance safety and comfort.

In addition, joint venture companies also produce complete vehicle modules, air conditioning systems and vehicle electric systems. Hella has one of the largest aftermarket organizations in the world for automotive parts and accessories, with its own sales companies and partners in more than 100 countries. The consolidated turnover of the Hella Group is around 3.4 billion euros.

Hella is one of the top 50 automotive parts suppliers in the world and one of the 100 largest industrial companies in Germany. More than 24,000 people work in 70 manufacturing facilities, production subsidiaries and joint ventures all over the world. Almost 2,900 engineers and technicians work in research and development throughout the company group. Customers include all leading vehicle and system manufacturers, as well as the automotive parts aftermarket.

Additional information is available at http://www.hella.com/.

Source: Hella KGaA Hueck & Co.

Posted by Frank at 7:15 AM

April 23, 2007

Susan Cischke Appointed Senior Vice President and Will Lead Sustainability at Ford

Susan_Cischke.jpgDEARBORN, Mich. -- Ford Motor Company announced today that Susan M. Cischke has been named senior vice president and will lead the company's sustainability efforts going forward, in addition to continuing her present assignments.

Her new title will be senior vice president, Sustainability, Environment and Safety Engineering. She will report to Ford President and CEO Alan Mulally.

"We are at a critical stage in the global conversation on sustainability, energy consumption and environmental protection," said Mulally. "Sue, as part of the senior leadership team, will not only help us shape our participation in this dialogue, but also help us develop the products and processes our customers and our society will demand. Sue has been very successful in leading our environmental and safety initiatives, and we're tapping into her vast knowledge and experience in those areas in having her take on this responsibility. She has the full support of the company's Board and senior leadership team, and I have every confidence that she will be successful in helping to drive sustainability throughout our business."

Cischke is charged with establishing a long range sustainability strategy as well as Ford's environmental and safety policy. She previously reported to Corporate Affairs Group Vice President Ziad Ojakli, and will continue to work closely with Ojakli and the Government Affairs team on safety and environmental regulatory issues.

Cischke previously was vice president, Environmental and Safety Engineering for Ford Motor Company, a position she has held since January 2001. As Ford's top environmental and safety officer, Cischke continues to have responsibility for assuring that Ford Motor Company products meet or exceed all safety and environmental regulations worldwide. She helps shape corporate policy and works with global regulators on issues ranging from carbon dioxide emissions to pedestrian safety.

Prior to joining Ford, Cischke was senior vice president of Regulatory Affairs and Passenger Car Operations at DaimlerChrysler. She began her career at Chrysler Corp. in 1976 and held various engineering positions until 1994 when she was named general manager of Scientific Labs and Proving Grounds. In 1996, she was named vice president of Vehicle Certification, Compliance and Safety Affairs.

Source: Ford Motor Company

Posted by Frank at 1:22 PM

New child seat boasts easier use, more secure fit

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Newly Launched clek Addresses Top Parental Concerns Regarding Booster Seat Use

Wins Juvenile Products Manufacturers Association's Innovation Award

ORLANDO -- A nationwide survey of nearly 500 parents with children ages 4 to 8 found the top three challenges in using booster seats to be "the seat is not secured to the vehicle," the seat is "difficult to install/remove" and their "child finds the seat uncomfortable."

Magna Aftermarket, Inc., introduces olli, a clek booster seat for the North American market at the annual Juvenile Products Manufacturers Association (JPMA) show this week in Orlando, Fla. clek booster seats are designed specifically to address these concerns, making booster seat use easier for parents.

clek booster seats, which feature the first rigid LATCH (lower anchors and tethers for children) system to be integrated into a backless booster seat, received the Juvenile Products Manufacturers Association's prestigious "Innovation Award" for its safety, comfort and convenience features. Judged by a committee of trade media and industry retail buyers, the award is given annually to the ten most exciting new products in the marketplace.

With an integrated rigid LATCH system, clek booster seats securely fasten to the vehicle and are simple to install, providing a solution to the top two challenges cited by parents. Installation takes less than 10 seconds by simply lining up the booster seat's LATCH connectors with the LATCH lower anchors on the vehicle seat and then applying pressure until it produces an audible "click." Also, clek booster seats can safely be used in vehicles without a LATCH anchorage system. clek booster seats are just as easy to remove by simply pulling the release strap or pressing the release buttons at the back of the seat. At only 5 pounds, clek booster seats are light enough to effortlessly transport between vehicles.

Designed and engineered by a world-class automotive seat manufacturer, clek booster seats utilize comfort-cube(TM) construction, which includes an additional layer of padding, to address parents' concerns regarding child comfort. They are built to look and feel like an actual vehicle seat rather than a traditional child seat. Plus, the seat covers are removable and washable for easy maintenance.

Fun clek features encourage kids to take ownership of their clek booster seat by providing a place to store their belongings and show off their style. Kids will enjoy the functionality of the cargo-thingy(TM) storage pocket, which holds MP3 players, video games and juice boxes. Additionally, clekjacket(TM) seat covers allow for seat customization through a variety of kid-friendly colors and patterns.

"We want to ensure parents have everything they need to feel comfortable using our booster seats," said Chris Lumley, vice president, Magna Aftermarket. "clek was designed to deliver both convenience and safety for parents but, more importantly, appeal and comfort for kids that ultimately makes it easier for parents."

The National Highway Traffic Safety Administration (NHTSA) recommends that children under 4 feet 9 inches tall or less than 80 pounds need a booster seat to ensure vehicle seat belts properly fit their small frame. Despite the safety advantages, studies show that less than 20 percent of children who should use booster seats actually do, leaving thousands of children with inadequate protection. Currently 38 states and the District of Columbia have enacted laws requiring the use of booster seats for children who have outgrown their toddler seat, but are too small for a seatbelt.

The clek olli model sells for the suggested retail price of $89.99 USD and will be available for purchase online at http://www.magnaclek.com/ beginning June 1, 2007.

About clek(TM)

A Magna Aftermarket brand founded on convenient in-vehicle security, clek(TM) products work with a vehicle's LATCH (lower anchors and tethers for children) anchorage system to ensure important cargo stays put. clek booster seats are designed with a rigid LATCH system to deliver both the safety of LATCH and the convenience of uncomplicated installation, features typically at odds with one another. They install and release in seconds, facilitating portability for today's families on the go, and providing the added stability of being attached to the vehicle's structure. clek booster seats are certified for use in vehicles with and without the LATCH anchorage system.

Built to look and feel more like an actual vehicle seat, rather than a traditional child seat, clek booster seats set a new standard for comfort and eliminates numb-bum. Their low-profile design and array of fun clekjacket(TM) seat covers change the negative perception kids have of boosters today.

Visit http://www.magnacleck.com/ for more information.

Source: Magna Aftermarket, Inc.

Posted by Frank at 1:20 PM

Chrysler Group Outlines Environmental Commitment

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The Chrysler Group is dedicated to protecting the health of our community, our natural resources and the global environment. We are addressing environmental challenges by working continuously to improve the environmental performance of our products and operations.

Our longstanding commitment to the environment is reflected in eco-compatible innovations in our products, the greening of our manufacturing operations, support of the development of advanced sustainable technologies and our leadership in promoting the use of alternative fuels.

Developing products that minimize impact on the environment

* Since 1998, the Chrysler Group has produced 1.5 million Flexible Fuel Vehicles (FFVs) capable of running on clean, renewable, American-made ethanol fuel, E85.
* In 2007, we will launch our second light-duty diesel product, the Jeep® Grand Cherokee diesel SUV, joining our Dodge Ram heavy-duty pickups and Dodge Sprinter vans in our diesel product lineup.
* In 2002, the Chrysler Group announced the first diesel-powered, mid-sized SUV for sale in the U.S., the Jeep Liberty CRD. In 2004, we were the first U.S. automaker to offer fuel-saving Multiple Displacement System technology, with the HEMI® engine on the Chrysler 300.
* Since 2000, the company has offered the best-selling street-legal electric vehicle in the U.S., the GEM. More than 30,000 GEM vehicles are in use in the U.S.
* In 1999, the Chrysler Group offered the EPIC electric minivan, a second-generation battery-powered fully-electric minivan with fast charge technology, advanced nickel metal hydride batteries and full minivan capabilities.
* In 1998, we were a founding partner of the California Fuel Cell Partnership, to demonstrate and develop fuel cell vehicles. Today, the company has more than 100 fuel cell cars, trucks and buses on the road worldwide, more than any other automaker.
* In 1994, the former Chrysler Corporation offered the first vehicle certified to California Ultra-Low Emission Vehicle standard (1994 natural gas Dodge Caravan and Plymouth Voyager minivans).
* Beginning in 1993, the former Chrysler Corporation was the first manufacturer to produce vehicles meeting California's Low Emission Vehicle, Ultra-Low Emission Vehicle and Zero Emission Vehicle standards.

‘Greening’ our manufacturing operations

* In order to reduce CO2 emissions at our plants, the Chrysler Group strives to use energy as efficiently as possible and utilize low-carbon energy sources wherever possible. Chrysler Group manufacturing facilities reduced absolute CO2 emissions by 17.2 percent from 2002 to 2006. Greenhouse gas emissions per vehicle produced decreased by 4.9 percent during that time period.
* Our North American facilities reduced annual energy usage by more than 18.3 percent from 2002 levels, and in 2006, consumed 14.5 percent less energy per vehicle produced than in 2002.
* The Chrysler Group believes that reduction, reuse and recycling of wastes is better than disposal. The reconditioning and reuse of raw, process and operating materials has been standard practice at DaimlerChrysler for many years. We are also increasingly manufacturing our vehicles with parts derived from recyclable materials.
* Two of our facilities, the Newark, Delaware, assembly plant and the Global Engine Manufacturing Alliance (GEMA) in Dundee, Michigan, have achieved zero-waste-to-landfill status.
* All Chrysler Group manufacturing facilities in Mexico are zero wastewater discharge facilities. At the three facilities, treated sanitary wastewater is used for irrigation, while treated process wastewater is returned back to the manufacturing processes. These voluntary initiatives are helping to preserve the region’s scarce water resources.
* Chrysler Group facilities have earned certification to the ISO 14001:2004 standards, which includes establishing an environmental management system to support continuous improvement in the environmental performance of our facilities.
* Through the Design for the Environment process, Chrysler Group engineers design and engineer new products and processes to minimize the impact on the environment. This includes reducing the different types of plastics used in our vehicles, eliminating harmful substances and increasing the recycled material content in our vehicles.
* Since 1991 the Chrysler Group has researched recycling technologies aimed at reducing the amount of a vehicle that goes to landfill through the Vehicle Recycling Partnership. This research includes reusing materials recovered from end of life vehicles in new automotive applications, as a fuel, or in other types of consumer products.

Reinvesting in and preserving our environment

* Chrysler Group has invested more than $10 billion in recent years in the communities where the company has its roots. This includes more than $165 million to recondition “brownfield” sites for future productive uses. We have invested billions of dollars more to construct or refurbish production facilities on these sites or in some cases, supported local developers to ensure productive use of the sites.
* Over the past decade and a half, nearly 40 sites have undergone environmental and economic transformation.
* Additionally, in a unique partnership with Michigan State University (MSU), the Chrysler Group has turned a former dump site in Michigan into a research lab for the development of biofuels. Professor Kurt Thelen is growing sunflowers, canola, switchgrass, corn and soybeans on the brownfield site to research and develop better renewable fuels and to study whether viable fuel crops can be grown on former industrial sites all over the country.

Alternative Fuels

* The Chrysler Group has a strong collaborating relationship with NextEnergy, Inc. and Biodiesel Industries, Inc., in developing advanced renewable fuels for the future. The partners focus on research targeting biodiesel fuel development and technical innovation, as well as the development and refinement of industry standards for the rapidly growing biodiesel industry. Detroit-based NextEnergy is a non-profit organization created by the State of Michigan to advance the alternative energy technology industry in Michigan. Biodiesel Industries, headquartered in Santa Barbara, Calif., operates the largest network of biodiesel production facilities in the nation.
* The Chrysler Group is the industry leader in supporting the development of a national standard for B20, or 20 percent biodiesel fuel. In order for the industry to produce, sell and warranty vehicles that run on B20, a strong national standard is critical. Research organizations such as NextEnergy are bringing us closer to reaching that goal in 2007.
* The company’s passenger diesel vehicles are delivered factory fueled with B5, or 5 percent biodiesel. In addition, the company has approved the use of B20 in 2007 Dodge Ram vehicles for commercial, government and military fleets.
* The diesel lineup includes:
o Jeep® Grand Cherokee (3.0-liter engine)
o Dodge Ram (6.7-liter engine)
o Dodge Sprinter (3.0-liter engine) (approved for the use of B2)
* In 2007, the Chrysler Group will produce more than 250,000 flexible-fuel vehicles (FFVs) capable of running on E85 fuel, conventional gasoline or any combination of the two fuels. The company's FFV fleet will increase to nearly 500,000 in 2008. The FFV lineup includes:
o Jeep Grand Cherokee, Jeep Commander, Dodge Durango and Chrysler Aspen SUVs (4.7-liter engine)
o Dodge Ram and Dodge Dakota pickups (4.7-liter engine)
o Dodge Avenger and Chrysler Sebring sedan (2.7-liter engine)
o Dodge Caravan, Dodge Grand Caravan and Chrysler Town & Country minivans (3.3-liter engine)

Recognizing Environmental Leadership

* The Chrysler Group has established the Environmental Leadership Award, given every other year to recognize the efforts of employees and their colleagues in the supplier network for extraordinary innovation and dedication to reducing the environmental impact of our products and our facilities. The program fosters pro-environmental thinking in all levels and functions of the company and is a tool for sharing best practices. Awards are given in three categories:
o Production-related environmental protection
o Product-related environmental protection
o Extraordinary efforts for the environment/extraordinary environmental responsibility
o News on the Environmental Leadership Award can be found at www.daimlerchrysler.com.

Posted by Frank at 1:14 PM

Mazda zooming in Houston

April Sees Mazda Racers On The Road From Coast-to-Coast

IRVINE, California -- The Grand Prix of Houston will roar back to JAGFlo Speedway at Reliant Park this weekend, but the Grand Prix isn’t a single race. Rather, it’s a three-day weekend showcasing the best of American sports car and open wheel racing. Each race is unique, but they all share a common link: Mazda, including three races that are 100% Mazda.

The Cooper Tires Presents The Champ Car Atlantic Championship Powered by Mazda continues to be the premier open-wheel development series in North America. Now in its 34th season, the championship is noted for its long history of graduating its stars into Champ Car competition and has helped produce past Champ Car champions Paul Tracy, Jimmy Vasser, Bobby Rahal, Danny Sullivan, Michael Andretti and Jacques Villeneuve. Recent Champ Car competitors include Alex Tagliani, Andrew Ranger, Katherine Legge, and A.J. Allmendinger.

2006 Series champion Simon Pagenaud and runner-up Graham Rahal also join the Champ Car ranks this season. Competing in Swift 016.a chassis powered by a 2.3-liter Mazda-Cosworth MZR engine while riding on Cooper Tires, competitors will fight for the 12-race championship and the unique $2 million Champ Car series champion's bonus. Houston will be round three for the series as the drivers chase points leader Raphael Matos who has won the first two races.

One step below the Atlantic Championship, the Star Mazda Championship presented by Goodyear has become among the most competitive open-wheel development series in North America. The Pro Formula Mazda features a carbon-fiber chassis, six-speed sequential gearbox, and a 240-horsepower Mazda rotary powerplant, virtually identical to the production engine used in the Mazda RX-8 street car. The Championship is twelve races long, all broadcast on SPEED Channel in prime time. Recent series graduates include Marco Andretti, Raphael Matos, Graham Rahal, and Adrian Carrio.

The ideal first step for professional sports car racers is the SCCA Pro Racing SIRIUS Satellite Radio Mazda MX-5 Cup which begins its second season at Houston. Twenty-six identical Mazda MX-5s will go bumper-to-bumper in action that almost always generates close racing with frequent passes. New hardware for 2007 are Kumho Victoracer V700 tires and new dampers from ZF Sachs. A rookie to watch is 18-year old Andrew Caddell who won his car in a Mazda sponsored shoot-out among SCCA Runoffs champions who race Mazda powered cars.

In “open” competition, the rapidly developing B-K Motorsports Lola B07/46 Mazda MZR-R will once again go head-to-head against Porsche and Acura powered racers in the American Le Mans series LMP2 class. At the Long Beach race, the team suffered with problems in qualifying before storming through the field from last to third overall and second in class, within 30 laps. The great run was then set back by 10 laps while the team chased an electrical problem. The team is looking for a strong finish in the Saturday night race in Houston.

Finally, in the Champ Car World Series, Mazda is guaranteed to lead at least a few laps as Mazda is the official car of both the Champ Car World Series and the Grand Prix of Houston. Mazda will pace the field to the green flag as well as any laps run under caution.

Where else is Mazda racing in April & May?

* Koni Challenge round three at Iowa Speedway, on April 20th - 22nd (Mazda MX-5 and RX-8).
* NHRA Sport Compact drag racing round two, at Virginia Motorsports Park, on April 21st - 22nd (MAZDA6).
* Grand Am Rolex GT round four with Skip Barber rounds three and four at Virginia International Raceway, on April 26th - 29th (Mazda RX-8).
* The annual Mitty vintage races will feature historic Mazda racers, and round two of the MX-5 Cup at Road Atlanta, on April 27th – 29th.
* Beginning the 50th anniversary celebration of Mazda Raceway Laguna Seca, racers will converge in Monterey, California on May 18-20 for the U.S. Sports Car Invitational delivered by Luggage Express. The weekend will feature the Grand-Am Rolex Sports Car Series, the KONI Challenge, and the Mazda MX-5 Cup.
* On that same weekend, you’ll find Mazda racers participating in the ALMS round five, SCCA SPEED World Challenge Touring Cars (MAZDA6) round two, and IMSA Lites (Mazda MZR powered) round two at Miller Motorsports Park, on May 18th - 19th.

On any given weekend, there are more Mazdas on the road-race tracks of America than any other brand of vehicle. At the track, you’ll see MX-5 Miata, RX-8, MAZDA3, MAZDA6, RX-7 and other vintage Mazda models competing, because every Mazda has the Soul of a Sports Car. In fact, the fastest growing road-racing class in the U.S. is the SCCA’s Spec Miata class, with nearly 1,500 first- and second-generation Miatas tearing up America’s racetracks, making it the most-raced production car in the world. Mazda’s involvement in motorsports extends to its relationship with Mazda Raceway Laguna Seca, one of the world’s premier road-racing circuits, and the Skip Barber Schools for driving and racing.

Posted by Frank at 1:03 PM

VW Rabbit deemed cool under $18K

Rabbit honored for styling, performance and fun-to-drive attributes

AUBURN HILLS, Mich. – Volkswagen of America, Inc. announced today that the Volkswagen Rabbit was recognized as one of the “Top 10 Coolest New Cars Under $18,000” by Kelley Blue Book.

The annual award acknowledges automakers for producing a vehicle with emphasis on performance, safety, environmental impact, fuel economy, styling and comfort. The models recognized as cool new cars under $18,000 are top-ranked in providing the consumer with results that are needed in today’s economy.

Since 2003, Kelley Blue Book has announced the “Top 10 Coolest New Cars Under $18,000” to provide consumers with a list of affordable and stylish vehicles. The editors at Kelley Blue Book configured a list of qualifying vehicles from the Kelley Blue Book New Car Blue Book values, which show valid transaction prices and provide a useful comparison point as compared to the Manufacturer’s Suggested Retail Price (MSRP).

“With an eager engine, unexpectedly tenacious handling and interior refinement on par with cars costing twice its price, the vehicle formerly known as Golf plays off its Euro roots to offer Continental cool,” said Jack R. Nerad, executive editorial director and executive market analyst, Kelley Blue Book’s kbb.com.

The 2007 Rabbit features a standard CD and MP3-format readable audio system with a single-disc in-dash “changer” and an eight-speaker sound system in the two-door model. Four-door models come standard with an upgraded audio system with a six-disc in-dash CD changer and 10-speaker sound system. For comfort and convenience, the 2007 Rabbit comes with an anti-theft alarm system with a central remote locking feature, a six-way manually adjustable driver’s seat that includes height adjustment, and front seats with adjustable lumbar support. Four-door models come standard with heated front seats and the rear seats include the ultra-convenient center armrest trunk pass-through for carrying long objects, like snow skis, without having to fold the rear seats. In the two-door models, the front seats incorporate the Easy Entry System for improved access to the rear seats and the front passenger seat folds flat.

The 2007 Rabbit offers a 2.5-liter, five-cylinder engine and a sophisticated suspension system.

The Rabbit achieves an EPA-estimated fuel efficiency of 30 miles per gallon on highway driving and 22 mpg in city driving and is available with a choice of a five-speed manual transmission or a six-speed automatic Tiptronic® transmission.

The two-door Rabbit with five-speed manual transmission starts at $14,990.

Posted by Frank at 1:03 PM

VW wins ten golds in fleet awards

Awards for Group brands and VW Leasing

Wolfsburg/Leipzig -- With ten first places, the Volkswagen Group again took pole position as the most successful company at the Fleet Awards 2007 honoring the best fleet models and fleet service companies in a total of 18 categories.

Well over 5,000 readers of the specialist journal “Autoflotte” cast their votes prior to the official ceremony which took place during the AMI motor show in Leipzig. Apart from the ten “gold medals”, the Volkswagen Group was also awarded six second and four third places.

Readers of the specialist journal awarded Volkswagen Group brands first place a total of nine times in the twelve automobile categories alone. Audi took four first places with the A3 and A6 models in the lower and top mid-class segments and the Q7 in the offroader/SUV segment.

The Audi A8 took pole position in the luxury class for the fourth time in succession. The Volkswagen Passenger Cars brand received the awards for the Fox in the mini segment and the Passat in the mid-class segment, as well as for the Touran Eco Fuel in the alternative drivetrain category. The Volkswagen Commercial Vehicles Caddy was voted the best compact utility van. In the importers ranking, readers voted the Skoda Octavia the winner in the lower mid-class segment.

To round off the list of awards for the Group, Volkswagen Leasing was voted the best leasing and fleet management company in the service category.

“With these awards, the Volkswagen Group brands have once again impressively confirmed the outstanding position of our products in fleet business. This is particularly gratifying given that these awards are conferred by specialist fleet managers and fleet service companies,” commented Dr. Stefan Brungs, Head of Volkswagen Group Fleet International.

Posted by Frank at 12:59 PM

Acura Team Falls Short in Houston

Bryan Herta had the large crowd at the Lone Star Grand Prix on its feet Saturday evening in a wild finish on the JAGFlo Speedway road course around the famed Astrodome and beautiful Reliant Stadium.

The California driver just missed taking the No. 26 XM Satellite Radio Acura ARX-01a sports car to the overall victory on the tight 1.7-mile, 10-turn track many drivers called one of the roughest circuits on the 12-race American Le Mans Series tour. Herta came from 27 seconds behind to close within .450 seconds at the checkered flag and take second overall to the No. 7 Penske Porsche driven by Timo Bernhard and Romain Dumas.

Marino Franchitti, Dario's younger brother, started the race in the fifth position in No. 26 Acura and fought through some heavy traffic to hand over the Andretti Green Racing machine to Herta on lap 58. Herta quickly diced his way to the front of the field and raced wheel-to-wheel with both Penske Por- sches and the No. 1 Audi driven by Rinaldo Capelli.

The only full-course yellow period came out on lap 111 and Herta drove into the pits for a fuel stop only. Unlike the Porsche and Audi teams, Herta's crew did not add four new Michelin tires. At the restart, Herta drove in and out of traffic to close from a 3.7-second advantage by Bernhard to less than a second. The Houston crowd was standing and yelling for Herta to take the lead.

With one lap remaining in the two-hour, 45-minute race, Herta took his car to the rear of the No. 7 Porsche driven by Bernhard, but he had to settle for the runner-up spot at the checkered flag.

Pole sitter David Brabham was impressive in the No. 9 Highcroft Acura ARX-01a and raced with the leaders in the first hour of competition. A strange incident on the driver exchange between Brabham and Stefan Johansson knocked out the fuel system for over a minute and the team had to settle for fifth overall, fourth in the LMP2 class.

The No. 15 Lowe's Fernandez Acura Lola, with drivers Adrian Fernandez and Luis Diaz, started seventh and finished sev- enth. The Lowe's car never handled well on the bumpy Hous- ton track but col- lected valuable points Saturday.

Lone Star Grand Prix Alms
LMP2 Class (TV, CBS-TV, April 29, 1-3 p.m.)
1. Penske Porsche No. 7
2. ANDRETTI GREEN ACURA ARX-01a No. 26
3. Penske Porsche No. 6
4. HIGHCROFT RACING ACURA ARX-01a No.
7. LOWE's FERNANDEZ ACURA Lola No. 15

Upcoming: Utah Grand Prix
Date: May 18-19, 2007
Location: Miller Motorsports park
Track Type: 4.5-mile, 24-turn road circuit
Race: Round 5 of 12 Races, 5 p.m. American Le Mans Series
Distance: 2 hour, 45 minutes

Acura Quotes:

BRYAN HERTA (#26 XM Satellite Radio AGR Acura ARX- 01a): "That was lot of work out there. I was able to get close to the Porsche (No. 7) for the lead. But getting close and passing are two different things. The XM Acura was a very good car today. We didn't change tires on the last pit stop and the hot tires picked up some rubber on the yellow flag laps. So I wasn't able to get a good restart. Finally when the tires came back in, we had a rocket ship. The Michelins had a lot of life left in them. The car was fast and we raced right to the front. We fought our way back from starting fifth and Marino had a lot of traffic to deal with early in the race. He did a good job to get through the lapped cars. Today's race was a good one for the XM Acura team. They knew we were here in Houston."

MARINO FRANCHITTI (#26 XM Satellite Radio AGR Acura ARX-01a): "Our XM car was fantastic today. It was much better on our own rather than in traffic. But the Acura felt very good. The grip level of the track was better but the track is still very bumpy. You get knocked around inside the car so much here. It is so physical on a driver. The traffic didn't flow very good for me out there. I was right there when the No. 61 spun and then with one of the Panoz cars. I was able to get a rhythm in the middle of the stint and I was able get back up towards the leaders. Now we want to get Bryan [Herta] in position to race for the top position. I think Bryan might have something for the Porsches and Audis. Bryan ran a great race today. The XM machine was so good all day and Bryan got into posi- tion to race the Porsche heads up. The Porsches are fast on the straight but our car really handles well. This is a good race for our team as we lead into the summer months of racing."

DAVID BRABHAM (#9 Highcroft Racing Acura ARX-01a): "I couldn't hold off Allan [McNish] at the start. He just powered by me. For some reason, it takes us some time to get our tires up to temperature. So we lost a little time to the Audis and the Porsches. But I was pleased with the car when we got in rhythm. The car was very consistent and it felt good. Of course, this track is pretty bumpy and that unsettles the car in the corner. Is it amazing that we don't have any caution periods in the first half of the race? We usually have a couple full course yellows. It is strange on a circuit like this one. I couldn't figure out happened with the car when I pitted. Everything was okay. But something shut off in the driver exchange with Stefan and myself. I haven't seen that happen before. It is easy to do when you are trying switch drivers and buckle the belts. But that was a shame because the car was good."

STEFAN JOHANSSON (#9 Highcroft Racing Acura ARX-01a): "It was very weird on our pit stop. Somehow when David jumped out of the car or when I jumped in or when they handed me the drink bottle, we hit the fuel sys- tem shutoff. So I tried to start the car and nothing happened. Then we finally figured it out but we lost a lot of time. David ran well, in the top three for his stint. Our Acura was really good. It handled the bumpy track well. We lost that lap and we couldn't get it back. We were close but had to settle for fifth overall, fourth in class. We got some more points. That was good."

LUIS DIAZ: (#15 Lowe's Fernandez Acura Lola B06/40): "The Lowe's Acura felt pretty good in the early stages of the race. But I was behind the Dyson car [No. 20] for so long and he [Chris Dyson] seemed like he was blocking me. We lost a lot of time fol- lowing that car. I know he was blocking Marino [Franchitti] too. Once I got by the Dyson car, we were able to pull out and run some good laps. I thought Adrian [Fernandez] might get the car in contention."

ADRIAN FERNANDEZ (#15 Lowe's Fer- nandez Acura Lola B06/40): "We just didn't have the car today. When we run on bumpy tracks the car slides around and we can't get any grip. This car is made for the smooth and fast circuit in Europe and we knew that coming in. We have to continue to develop the Lola for the American tracks. We are going to smooth tracks now and I feel good about our chances in the next couple of races. It was just a tough race for us today."

Posted by Frank at 12:58 PM

Report: Nearly one in five auto loans is subprime

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Auto Dealerships Initiated Nearly $50 Billion in Subprime New-Vehicle Loans in 2006

1.85 Million Subprime Loans Were Issued Last Year

WESTLAKE VILLAGE -- Facing some of the pressures that have contributed to heightened risks for subprime home mortgage lenders, automotive dealerships initiated nearly $50 billion in subprime new- vehicle loans in 2006, according to real-time retail transaction data from the Power Information Network (PIN), a division of J.D. Power and Associates.

About 1.85 million of the 9.6 million customers in 2006 who leased or financed a new vehicle through the dealership -- either with a bank, independent finance company, credit union or the automakers' captive financing services -- were in the subprime category, according to PIN. Indirect loans and leases accounted for 74 percent of all new-vehicle financing in 2006.

PIN defines the subprime market as customers with a Fair Isaac Corporation (FICO) Classic Auto score below 650. Subprime customers have longer loan terms (61 months compared with 56 months), lower down payments as a percentage of the price (11.6% compared with 17.4%), higher loan to value ratios (108.6% compared with 96.8%) and higher retail turn rates (72 days compared with 62 days) than prime credit customers.

"While it is unlikely that subprime auto lenders are exposed to the same level of risk as subprime home mortgage lenders because auto lenders do not have variable rates, the potential still exists for increased charge-offs on this paper," said David McKay, senior director of auto finance and insurance at J.D. Power and Associates. "The economics that drove subprime consumers to default on their home loans -- rising interest expense for credit cards and home loans, higher energy costs, lower home values and wage stagnation -- will pressure these consumers to pay for their vehicle loans. Any tightening of the subprime market would leave the lenders and the automakers that have heavy portfolios of subprime customers exposed to increased losses and vehicle sales in the future business."

Current intense pressure on the automakers and retailers to meet sales and market-share objectives has generated a number of industry-wide trends that seem to encourage subprime business, McKay said. Automakers and dealers are tailoring financing terms to meet the financial limitations of their customers. For example, loan terms have been increasing industry-wide -- up from an average of 62 months in 2004 to 64 months in 2006 -- while down payments, as a percent of transaction price, have declined from 19.3 percent to 16.3 percent over the same period.

McKay said the automakers with the largest share of the compact car, pickup and sporty car sales are most at risk because these segments have the highest mix of subprime business.

Subprime business accounts for more than a quarter (25.5%) of all loans and leases in the compact car segment, the highest penetration of any segment in the industry. The pickup (22.5%) and sporty car segments (19.6%) are second and third. In contrast, the full-size car and luxury car segments have the least exposure to subprime, with 7.5 percent and 11.5 percent, respectively, of their business in subprime.

At the origin level, the domestic automakers have the most exposure to the subprime market, with 22.2 percent of their loans or leases falling in this category in 2006. Asian automakers' subprime business in 2006 was 17.4 percent of total, while European subprime loans and leases were 11.3 percent of total.

"Since most of the business the European manufacturers conduct in the United States is in the luxury segments, one would expect their subprime business to be lower than that for the domestics or Asians," McKay said.

The domestic subprime business was up 0.4 percentage points (2006 vs. 2004), while the Asians and Europeans were both down 0.8 percentage points.

Source: J.D. Power and Associates

Posted by Frank at 12:48 PM

Tom Leimkuhler Joins Kia Motors America

27858-hi-tom.jpgIRVINE – Kia Motors America announced that Tom Leimkuhler is joining the company as the new vice president, parts, effective April 18, reporting directly to Len Hunt, executive vice president and COO of KMA.

In his new role, Mr. Leimkuhler is responsible for increasing parts and accessory sales, and overseeing all parts and accessories for inventory management, logistics and retail sales.

Leimkuhler brings to Kia more than 25 years of automotive experience, having most recently held the position of managing director, supply chain management and vice president, parts at MG/Nanjing Global Motors, where he was responsible for the creation and management of the Aftermarket Parts and Supply Chain Divisions in China, Europe and the United States.

Prior to that, he spent 14 years with Mazda North American Operations as director, logistics, inventory management and parts distribution. Before joining Mazda, Leimkuhler served as national traffic manager, parts distribution at Subaru of America, Inc.

"Tom will be an excellent addition to our organization, bringing with him extensive knowledge of the automotive industry and specific expertise in the parts and accessories division," said Hunt. "We are confident in his ability to contribute to our continued growth and success."

Posted by Frank at 12:44 PM

Study Challenges Idea of Hybrid Auto Buyers as Typical Early Adopters

Prius Purchasers Motivated by Combination of Environmental Concern and Financial Reward

BOSTON -- Unlike classic technology “early adopters,” people who purchased Prius automobiles did not feel that they paid a premium for the privilege of owning an environmentally friendly car.

While the environmental benefits were a major consideration for them, they also saw clear financial benefits from their purchase, says a new study by the Topline Strategy Group, a leading technology consulting and market intelligence firm.

The study, “Why People Really Buy Hybrids,” studied Prius buyers to understand the true motivations of people who buy hybrid cars and thereby discern the hybrid industry’s future prospects in light of recently falling sales.

The study surveyed people who bought Prius automobiles between 2003 and 2007. It divides hybrid buyers into five purchasing segments and identified that for 73 percent of purchasers, there were clear financial rewards for purchasing a hybrid over other alternatives.

For forty percent, the Prius cost less than the traditional Acura, BMW, or another more expensive car they would have otherwise purchased. Sixteen percent of buyers drove enough miles or planned to own the car long enough for gas savings to pay back the initial cost difference. Twelve percent bought the Prius so that they could save time by driving alone in the carpool lane—which is allowed in six states—and five percent bought the car as an inexpensive “fun” car.

The study concluded that the economic case for hybrid purchases is stronger than typically discussed, and that the hybrid market has expanded to include more buyers than just early adopters willing to pay a premium for being the first to own a Prius or because of environmental concerns. It also concluded that with attractive financial incentives already in place, the 2006 and early 2007 slowdown in hybrid sales growth represents a temporary lull, and growth is projected to accelerate again soon, regardless of short-term fluctuations in gas prices.

“Only 27 percent of Prius buyers could be considered classic early adopters,” said Jonathan Klein, founder and general partner of Topline Strategy Group. “The Prius has been successful because it represents a low-cost, stylish, practical car with a strong environmental image—a combination of attributes that tapped into a broad market of environmentally conscious people who saw it as an opportunity to do the right thing, save money, and buy an appealing car all at the same time.”

The study was conducted between February and March 2007 among 118 respondents. Additional information can be found at www.toplinestrategy.com.

Posted by Frank at 12:42 PM

Many U.S. Drivers 'Under Pressure'

RUMAAS.jpgSurvey Finds Fewer Motorists Checking Tire Pressure

WASHINGTON -- U.S. drivers are less attentive to their tires than a year ago, according to a nationwide survey. Just over 50 percent of drivers say they have checked their tire pressure within the past month compared to 70 percent last year at a time when fuel prices peaked.

The Rubber Manufacturers Association (RMA) urges motorist to check tire pressure each month to promote vehicle safety, improve fuel efficiency and maximize tire longevity. The National Highway Traffic Safety Administration (NHTSA) reported that low tire pressure-related crashes are to blame for 660 fatalities and 33,000 injuries every year. NHTSA estimates that about one in four cars and one in three light trucks has at least one significantly under inflated tire.

"Low tire pressure is a safety concern," said Donald B. Shea, RMA President and CEO. "Our most recent survey suggests that when gas prices began to drop last fall, so did drivers' attention to their tires. Motorists need to understand that tire pressure is more than just saving a couple of dollars at the pump."

Driver complacency may grow as mandatory tire pressure monitoring systems (TPMS) begin to be installed in vehicles. In 2008, all new cars will be equipped with a TPMS that will alert drivers when tire pressure drops 25 percent. Survey results indicate that more than two-thirds of drivers said that they would be less concerned with regular tire maintenance if their vehicle were equipped with TPMS.

"Tire pressure monitors are not a replacement for using a tire gauge every month," said Shea. "Since tire pressure monitors only issue a warning after a significant drop in tire pressure, motorists are risking tire damage by ignoring regular maintenance."

An RMA nationwide survey conducted in February found:
-- Only 55 percent of drivers say they have checked tire pressure within
the past month compared to 70 percent last year when fuel prices
peaked.
-- A total of 40% of drivers said that if their vehicle were equipped with
a tire pressure monitoring system, they would either never check tire
pressure (16%) or would only check tire pressure if they saw the
dashboard warning light (24%).
-- Nearly seven in ten drivers wash their vehicle every month but barely
more than half check tire pressure monthly.
-- 45 percent of drivers wrongly believe that the correct inflation
pressure is printed on the tire sidewall. Another 15 percent do not
know where to find the correct pressure.
-- 26 percent of drivers wrongly believe that the best time to check their
tires is when they are warm after being driven for at least a few
miles.
-- 63 percent of motorists cite checking tire pressure as a top fuel
saving tip. (2006 survey)

These alarming statistics are a critical reason why RMA is sponsoring the sixth annual National Tire Safety Week, which runs April 22 - 28. National Tire Safety Week is an initiative of RMA's "Be Tire Smart - Play Your PART" program to educate motorists about the importance of proper tire care and promote a safer driving experience. PART stands for pressure, alignment, rotation and tread, the four key elements of tire care.

More than 17,000 tire dealers, auto dealers, AAA clubs and others throughout the country will make RMA tire care information brochures available to consumers during National Tire Safety Week. Additionally, most tire retail locations provide free tire pressure services to motorists throughout the year.

Partners in the Be Tire Smart program include tire retailers, auto dealers, safety advocates and state government agencies. Among the list of Be Tire Smart partners are: AAA, American Car Care Centers, Big 10 Tires, Belle Tire, Big O Tires, Discount Tire Co., Firestone Complete Auto Care, Goodyear Auto Service Centers, Just Tires, Kaufman Tire, Les Schwab, Merchant's Tire, National Tire and Battery (NTB), National Automobile Dealers Association (NADA), Northwest Tire, Peerless Tires, Pep Boys, ProCare Automotive Services, Sears Automotive Centers, STS Tire and Auto Centers, Sullivan Tires, Tire Factory, Tire Kingdom, Tires Plus, Town Fair Tires, VIP Parts, Tires and Service, Wal-Mart/Sam's Club and many others.

More information about the "Be Tire Smart - Play Your PART" program and National Tire Safety Week can be found at http://www.betiresmart.org/.

The Be Tire Smart program is funded by RMA's tire manufacturer members: Bridgestone Americas Holding, Inc., Continental Tire North America, Inc., Cooper Tire & Rubber Company, The Goodyear Tire & Rubber Company, Michelin North America, Pirelli North America, Inc., Toyo Tire North America and Yokohama Tire Corporation.

The Rubber Manufacturers Association is the national trade association for the rubber products industry. Its members include more than 80 companies that manufacture various rubber products, including tires, hoses, belts, seals, molded goods, and other finished rubber products. RMA members employ over 120,000 workers and account for more than $21 billion in annual sales.

Source: Rubber Manufacturers Association

Posted by Frank at 12:38 PM

Video game maker prepares Ferrari-based game for launch

In the UK Ferrari Celebrates its 60-Year Anniversary and UK Boss Massimo Fedeli Breaks the Company's Silence About the Much Anticipated Video Game Based on the Ferrari Challenge Series

LONDON -- Prestigious car-manufacturer Ferrari descended on London this weekend to celebrate the 60th anniversary of the famous Marque. Vehicles spanning the entire history of Ferrari were paraded around the capital as part of the worldwide "Ferrari 60 Relay". The world tour is sponsored by video game publisher System 3, who used the visit to release further details about the upcoming video game.

System 3's Christmas launch will take the form of a cutting-edge racing game based on the Ferrari Challenge series - featuring real cars, real tracks and true Ferrari racing dynamics. The launch platform for Ferrari Challenge is the PlayStation 3 and the game has been developed to maximise the technology in the new console format such as a 16-player feature, rich simultaneous online mode with elements not yet seen in any race game to-date.

Massimo Fedeli, Managing Director of Ferrari GB stated "Since the launch of the next-generation consoles, the video game industry finally has, at its disposal, a machine with enough power to truly and loyally represent the Ferrari driving experience. The British public's incredible reaction to the "Ferrari 60-Relay" coming to these shores has demonstrated the strength of the Ferrari brand here and we're very excited to be working with System 3 to produce a cutting-edge racing experience for those fans."

Mark Cale, CEO of System 3 added: "Being involved at such an historic period of Ferrari's history is a real honour. We're dedicating all our resources to developing a game that is properly worthy of the Ferrari Marque and are looking-forward to revealing lots more exciting features over the coming months."

It's sixty years since Enzo Ferrari first started producing cars with his name. Since 1947 the famous Marque has become synonymous with pioneering technical innovation coupled with stunning design. The "Ferrari 60 Relay" celebration tour began in Abu Dhabi in January this year and will traverse fifty countries before concluding at the home of Ferrari in Maranello, Italy on June 23rd.

Accompanying the tour will be a specially commissioned baton adorned with 60 badges symbolising the most extraordinary events in the Company's 60-year history, from its first success at the Rome Grand Prix in 1947 - through to the Ferrari FXX Programme of 2006.

The Ferrari Challenge video game will be published on an array of gaming consoles including; PlayStation(R) 3, PlayStation(R) 2, Nintendo Wii(TM), PlayStation(R)Portable and Nintendo DS(TM).

For more information contact: www.peppermintm.co.uk

About System 3 Software

System 3 is considered to be one of the founding partners of the video game industry. It's high-quality production values and passion for game play has helped shape the market for twenty-five years. Titles such as The Last Ninja and International Karate spawned new genres and were the forefathers of some of today's biggest hits.

The privately-owned company operates the highly successful Play It budget label and releases titles under this and premium brand; System 3.

The company website is located at: www.system3.com

Source: System 3 Software

Posted by Frank at 12:37 PM

Camp Jeep New York Raises $16,470 for Wildlife Conservation Society's Tiger Project

NEW YORK -- During the third annual Camp Jeep New York, the Jeep brand raised $16,470 for the "Tigers Forever" initiative, a Panthera project in collaboration with the New York based Wildlife Conservation Society. The goal of the project is to increase the number of tigers in key areas of the world by 50 percent over the next decade.

The money raised at Camp Jeep New York will be used to directly support WCS's "Tigers Forever" initiative, which involves a wide array of activities ranging from monitoring tiger and prey population dynamics to community education and outreach.

"We are very excited to have the Jeep brand in support of our conservation efforts," said Dr. Alan Rabinowitz, Executive Director for Science and Exploration for the Wildlife Conservation Society. "Every dollar raised brings us one step closer to achieving our goal of increasing the tiger population and the Camp Jeep donation will help us tremendously."

The Jeep brand pledged to donate $5 to the "Tigers Forever" project for every person who took a ride on the Jeep Trail Rated(R) Test Track at Camp Jeep New York on April 14. A total of 3,294 passengers rode the track, which included water fording, ground clearance, articulation, and traction and maneuverability demonstrations, to raise $16,470.

More than 220 yards of dirt and mulch were used to create the test track, all of which will be recycled and returned back to the original source. Overall, more than 29,375 consumers, an increase of 10 percent, experienced the legendary capability of Jeep 4x4s at Camp Jeep New York.

"Camp Jeep is designed to show off the world's most capable 4x4 vehicles and the lifestyle that goes with them," said John Plecha, Director - Jeep Brand Marketing and Global Communications. "We're thrilled that thousands of people were able to experience that lifestyle on the Jeep Trail Rated Test Track, while simultaneously supporting the Wildlife Conservation Society's 'Tigers Forever' project."

In addition to raising money for "Tigers Forever," Camp Jeep New York also awarded Matthew McCarthy of Forrest Hills, New York, an all-expense paid trip with his family to Camp Jeep Virginia, the annual three-day mix of off-road driving and other family-oriented outdoor activities. McCarthy was the 500,000th person to take a ride on a Chrysler Group auto show test drive course since the auto show test drive program began in 2004.

About Wildlife Conservation Society

The Wildlife Conservation Society (WCS) saves wildlife and wild lands. WCS does so through careful science, international conservation, education, and the management of the world's largest system of urban wildlife parks, led by the flagship Bronx Zoo. Together, these activities change individual attitudes toward nature and help people imagine wildlife and humans living in sustainable interaction on both a local and a global scale. WCS is committed to this work because we believe it essential to the integrity of life on Earth. To address the ongoing 'tiger crisis' across Asia, the Wildlife Conservation Society, in collaboration with Panthera, has created an action plan called "Tigers Forever" to ensure that tigers remain in the wild forever. This program is founded on an ambitious plan to increase tiger numbers across key WCS sites by 50 percent over the next ten years. For more information about please visit www.wcs.org/tigersforever.

Source: Chrysler Group

Posted by Frank at 12:34 PM

Honda of Pocatello Earns Honda's Top Dealership Award

POCATELLO, Idaho -- American Honda Motor Co., has awarded Honda of Pocatello the 2006 Honda President's Award. This award is presented to the top 15 percent of Honda dealerships across the country that have achieved a rigorous set of objectives encompassing all areas of operations - customer service and satisfaction, facility operation, training and sales.

The President's Award is the highest honor bestowed on Honda dealerships. Annually, award criteria are modified to challenge dealerships to achieve new levels of customer satisfaction. Over 1,000 Honda automobile dealerships across the country participate in the program, with 170 earning this prestigious award for 2006. This is the first time that Honda of Pocatello has earned the President's Award.

"It took a team of dedicated professionals to achieve the objectives established for the 2006 President's Award," say Richard Colliver, executive vice president of American Honda. "We are proud to have Honda of Pocatello in the Honda family and we know our customers will benefit from working with this award-winning team."

"We're all so pleased to be recognized for the top quality service we give day in and day out. This award has reenergized us to continue providing unparalleled quality, value and service to all our customers in Southeast Idaho," said Dave Cooper, Honda of Pocatello General Manager.

Honda of Pocatello offers two fuel-efficient hybrid models - the Civic Hybrid and Accord Hybrid - in addition to the full line of Honda vehicle, including the Accord, Civic, Fit, Odyssey, Pilot, Element, Ridgeline, S2000, and the all-new CR-V.

Source: Lithia Motors, Inc.

Posted by Frank at 12:33 PM

Driver death rate falls, study finds

WASHINGTON -- New cars and trucks do a better job of protecting drivers' lives in a crash, and vehicles equipped with electronic stability control perform the best, according to a new study by the Insurance Institute for Highway Safety.

The institute found that the death rate of drivers in accidents has fallen about 30% from 1994 to 2005, confirming the trends of improving scores on crash tests. As in its previous surveys, the study found the highest death rates among small vehicles, with the lowest rates posted by large cars and SUVs.

But the institute's study comes with a few caveats. It doesn't account for passengers, which would be a far more complex calculation. It measures vehicles from the 2001-04 model years; the best and worst performers are both discontinued Chevrolets.

And the study can't fully adjust its scores for driver behavior, such as the tendency for younger, more accident-prone drivers to pick cheaper, smaller vehicles.

Posted by Frank at 10:12 AM

New Lexus Chief to Focus More on Personalization

Jim Farley, the new U.S. head of Toyota Motor Corp.'s Lexus division, said Friday he wants to take customer service to the next level by focusing more on personalization, which is something he learned about at the youth-oriented Scion brand.

In one of his first interviews since being named general manager of the Japanese car maker's luxury unit on Thursday, Mr. Farley said he is in the "shut up and listen" phase in his first position as head of a division. Mr. Farley succeeded Bob Carter, who became head of the Toyota division.

Mr. Farley, who was group vice president of Toyota marketing, added that his focus at Lexus will be on product execution, customer service and dealer profitability.

"The next stage for Lexus is more than just plasma screens at dealerships," Mr. Farley said. "I'm really interested in personalized service. Our customers are all different and with today's technology, you can capture that information and use it in customer transactions."

Already the top-selling luxury brand in the U.S., Lexus is embarking on new product launches that will determine where the brand can move in the future. Lexus is introducing its first vehicle with a price tag of more than $100,000, the Lexus LS 600h, a hybrid version of its redesigned, top-of-the-line sedan. The vehicle competes with the Mercedes's S-Class and BMW 7-series sedans.

Lexus is also launching a performance series next year, similar to Mercedes-Benz's AMG series and BMW's M models, and will soon have a super sports car that has more than 500 horsepower.

Posted by Frank at 10:09 AM

Ford vehicles comparable to Toyota, Nissan in quality, study says

Consumers might not believe it yet, but the quality of Ford, Lincoln and Mercury vehicles is about the same as that of Toyota and Nissan, according to the first- quarter 2007 model-year Global Quality Research System report by the RDA Group, a market research firm based in Bloomfield Hills.

Ford, Lincoln, Mercury brand vehicles had 1,456 problems per 1,000 vehicles, compared with Nissan, which had 1,457 and Toyota, which had 1,453. The report released Wednesday surveyed more than 30,000 new owners of 2007 model-year vehicles after three months of ownership.

It did not track the newest 2008 vehicles, such as the Ford Edge or the new Ford Super Duty. Ford had to temporarily stop selling that pickup to fix a problem that caused flames to shoot out the exhaust system of some vehicles. Ford also delayed delivery of the Edge late last year to ensure top-level quality.

Posted by Frank at 10:08 AM

MINI Cooper Gets Five Star Rating in Europ NCAP CRASH TEST

P0036927.jpg

Non-partisan testers confirm highly effective, all-round occupant safety in the new MINI

Munich. The new MINI is not only one of the most fascinating, but also one of the safest cars in its segment.

So it is no surprise that the new MINI's highly effective passive safety system has now been confirmed by the highest possible score in the Euro NCAP Crash Test: The new MINI Cooper has received five stars for its superior safety, clearly proving that this small premium car offers the high standards of the BMW Group also in the area of occupant safety and guarantees maximum safety all round despite its compact dimensions.

In the Euro NCAP Crash Test the new MINI Cooper achieved outstanding results in both the head-on and the side-on/pillar crash, the risk of injury to occupants of the new MINI Cooper being deemed very small indeed in all cases.

The testers gave the new MINI Cooper 13 out of 16 points for the car's deformation behaviour in a head-on collision, and 16 out of 18 points in the side-on and pillar collision, which are both rated together as one category. Child safety in the new MINI Cooper also showed an above-average result, and is therefore likewise regarded as exemplary.

This outstanding overall result is attributable to the MINI's superior all-round safety concept extending from the structure of the body with its carefully defined deformation zones and the extremely stiff passenger cell all the way to the restraint systems masterminded by electronic control units.

Like all other variants of the new MINI generation, the new MINI Cooper comes as standard with six airbags, three-point inertia-reel seat belts on all four seats, and ISOFIX child seat fastening systems at the rear. Both the driver and front passenger are protected by frontal airbags as well as airbags at the side. The side airbags are integrated in the side supports on the front seats and offer effective protection from thorax injury.

The extra-large curtain head airbags inflating out of the roof lining whenever required offer both the front and rear passengers protection from head injury. The seat belts on the front seats, finally, are equipped additionally with belt latch tensioners and belt force limiters.

These active restraint elements (belt latch tensioners, airbags) are masterminded by a central electronic safety system. The direction of an impact and its severity are determined by crash sensors housed in the B-pillars and at a central point in the underfloor of the car, the data provided in this way serving in each case to activate the appropriate restraint and safety systems with an optimum effect tailored to specific crash conditions.

The new MINI is also equipped with belt telltales on all seats indicating whether the belts are in use. Another optical signal comes on as soon as the front passenger's airbag has been deactivated, for example when fitting a child seat at the front next to the driver.

Receiving the best possible result of five stars in the Euro NCAP Crash Test, the new MINI Cooper once again confirms the high standard of safety in the development of BMW Group cars. The NCAP (New Car Assessment Pro-gramme) testing procedure is acknowledged as one of the most demanding tests required of new cars the world over. The Euro NCAP Test is indeed a benchmark for crash safety acknowledged throughout Europe by govern-ments, car clubs and consumer protection organisations. Comparable NCAP Crash Tests are carried out in the USA and Japan.

The most important highlights of the Euro NCAP Crash Test are the frontal and side-on collision under exactly defined conditions. In the so-called offset frontal crash the vehicle hits a deformable barrier at a speed of 64 km/h or 40 mph with 40 per cent of its frontal width. Under such conditions the colli-sion forces act on only part of the car's frontal area, while impact energy must be spread out and absorbed as completely as possible throughout the entire width of the car.

The new MINI ensures precisely this effect by diverting and absorbing the forces acting on the car along load paths defined in advance. To make this possible, the load-bearing structures on the floorpan, side walls, bulkhead, frontal section, rear section and the roof, as well as the dimensions and po-sitions of the car's crash boxes, have been exactly coordinated and harmo-nised as one complete system. The most important objective in providing this configuration is to maintain the full shape and dimensions of the pas-senger cell as a survival area also in a severe collision.

This also applies to the requirements in a side-on collision simulated in the Euro NCAP Crash Test by impacting a deformable barrier at a speed of 50 km/h or 31 mph. As an additional test scenario, this specific test includes a side impact by the car against a steel post at a speed of 29 km/h or 18 mph, the post measuring 25 centimetres or almost 1" in diameter at the level of the occupant's head centrepoint. Again, the new MINI Cooper masters this challenge with exemplary results in terms of uncritical deformation and minimum risk of injury.
In order to reduce the risk of collision, active safety was given particular significance from the start in developing the new MINI, over and above passive safety. The highly effective brake system complete with anti-lock brakes, a Brake Assistant, Cornering Brake Control (CBC), and Electronic Brake Force Distribution (EBFD) in the new MINI Cooper may be supple-mented as an option by on-demand traction control (ASC+T) and Dynamic Stability Control (DSC) complete with uphill start-off assistance.

All variants of the new MINI are furthermore equipped with a Tyre Defect Indicator permanently measuring tyre pressure by comparing the speed of the car's wheels. The driver is then warned automatically by an optical signal once air pressure in a specific tyre deviates from the normal pressure by more than 30 per cent, thus being made aware in good time of any sudden, excessive loss of pressure. Clearly, this significantly reduces the risk of an accident resulting from a flat or defective tyre.

As yet a further important safety feature, all variants of the new MINI are available as an option with runflat tyres allowing the driver to continue even on a completely flat tyre. Indeed, this feature even comes as standard on the MINI Cooper S.

Posted by Frank at 8:16 AM

Mazda MX-5 Miata -- Still the world's most popular 2-by convertible

MX5_Side_retract10.jpg

Award-winning, segment-saving, world’s best – just a few phrases to describe the legendary MX-5.

All-new for 2006, the MX-5 won the prestigious Japan Car of the Year and was also named a Car and Driver “10 Best”. MX-5 also is known as the car that brought the affordable, fun-to-drive, two-seat roadster segment back to life in 1989 and has continued to set sales records since, making it the world’s best-selling two-seat roadster, and cementing Mazda’s place in the annals of sports car manufacturers.

As the ultimate ride for sheer driving and ownership pleasure the 2007 MX-5 Miata adds minor interior features and offers two new exterior colors. In addition, MX-5 adds a new Power Retractable Hard Top (PRHT) for 2007 (covered in separate release). Unchanged is the very essence of the “oneness of horse and rider” – the development credo of the original Miata – as elemental and as true as ever.

The heart of the MX-5 remains a highly-responsive MZR-series 2.0-liter, 166-horsepower (at 6,700 rpm) powerplant (163 for A/T models). The 2007 MX-5 has a light and compact engine, featuring chain-driven double overhead camshafts, lightweight fly wheel, variable intake valve timing, electronically controlled port fuel injection and coil-on-plug ignition. Revving smoothly to its 7,000 rpm redline, the 2.0-liter engine delivers 140 lb-ft of torque at 5,000 rpm for driving exhilaration throughout the rev range.

“The MX-5 stands for pure driving exhilaration, as a daily driver and as a near race-ready car,” said Tetsu Nakazawa, MX-5 vehicle line manager. “Whether simply driving up the highway to work or speeding through the turns at Mazda Raceway Laguna Seca, the MX-5 offers loads of sporty driving pleasure and makes an ordinary drive spectacular.”

RACING DNA

Mazda, of course, has a distinguished history of producing great sports cars. The first Mazda sports car to win worldwide recognition and praise was the rotary-powered Cosmo Sport launched in 1967. The RX-7, which followed in 1978, won the hearts of sports car enthusiasts and claimed many important race victories. The original MX-5 Miata, launched in 1989 as a 1990 model, revolutionized the affordable two-seat roadster market. Two years ago, Mazda’s introduction of the RX-8 redefined the boundaries of sports car design by offering spectacular performance and comfortable accommodation for four adults in one innovative sports car package.

All of Mazda’s considerable expertise and passion for designing great sports cars was drawn on for the latest third-generation MX-5.

UNDERPININGS SUITABLE FOR THE TRACK

Too much weight is bad for athletes, and just as bad for sports cars. Weight hurts acceleration, throttle response, handling and agility. It negatively affects braking distances and fuel economy. Mazda engineers worked hard make the MX-5 light-weight – while building a roomy, safe car.

Weight-saving measures include the use of an aluminum hood and trunk lid and many aluminum suspension and braking components. There is widespread use of high-strength and ultra high-strength steel in the unitary construction body, which boosts body strength while simultaneously cutting weight. The 2.0-liter engine has an aluminum block and head, and the intake manifold and cam cover are made from lightweight composite plastic. In the end, MX-5 is very light weight, yet the car is roomy for tall or large adults, and safe for everyone, thanks to its strong body and safety features (including standard side airbags and ABS anti-lock brakes for all versions).

How is this combination possible? By utilizing the ‘gram strategy’. One of the imperatives for Mazda engineers was making every gram count by assessing the weight of the vehicle in the smallest possible increments. Under this ‘gram strategy’ imperative, for example, the design of the rear-view mirror was simplified, thus trimming 84 grams, or 0.19 lbs. While not a surmountable difference on its own, by applying this strategy throughout every nook and cranny of the MX-5’s design, Mazda engineers were quite effective in building a light, roomier, stronger and safer sports car.

Front suspension is by double wishbones, as in the best sports cars and race cars. They provide linear toe, caster, and camber changes as the wheels travel up and down. Anchor points are reinforced to provide the desired lateral stiffness and made from aluminum to reduce weight. No suspension system better relays feedback so accurately to the driver, nor induces such all-round stability. The new multilink rear suspension has long links to help linearity.

Springs are coil all round, and dampers are gas-filled for more accurate wheel control on difficult and taxing roads.

POWERFUL 2.0-LITER FOUR-CYLINDER ENGINE

The sophisticated 2.0-liter four-cylinder engine gives strong performance, has an inspiring exhaust note, and most important of all, is brilliantly responsive. It reacts to driver commands with lightning-quick reflexes, and offers progressive power delivery. Such linearity is the key to all of the MX-5’s driving controls. The MZR-series engine is shared with the engine used in MAZDA3, MAZDA5, MAZDA6, CX-7, Tribute and B-Series.

The engine is mounted front mid-ship, for ideal handling balance and nimbleness. It uses an aluminum block and head for lighter weight and structural rigidity, ultimately improving performance and refinement. Chain-driven double-overhead camshafts and 16-valve breathing are used for improved revving and flexibility. Variable intake valve timing improves low-end torque and high-end power.

Maximum power is 166 horsepower at 6,700 rpm (163 horsepower for A/T models). For good tractability and ease-of-driving, at least 90 percent of peak torque (140 lb-ft) is available from 2,500 rpm to the 6,700 rpm redline. (Fuel cut off is at 7,000 rpm.)

Standard equipment is a close-ratio five-speed manual transmission, and a six-speed manual gearbox is available, with gear ratios close-stacked to enhance the joy of sporty driving. Short, quick shift strokes have been achieved by use of triple-cone synchros on the first four gears.

“Miata-like” shift quality quickly became the benchmark for the industry when the first MX-5 launched in 1989. The third generation MX-5 takes performance feel to an entirely new level – think, and the car all-but changes gears on its own.

A Sport A/T automatic transmission adds dimension to the MX-5’s personality. Six ratios are provided to improve acceleration, driving refinement and freeway comfort. Paddles mounted behind the steering wheel command upshifts while buttons positioned on the spokes are used for downshifts. Coordinating engine torque with the shift sequence, results in smooth, seamless, and fast gear changes. The Sport A/T-equipped car is a joy to drive, with gear ratios perfectly matched to the engine’s horsepower and torque output.

STYLISH TWO-SEATER

The design brief also was clear: To convey fun and modern styling but retain the iconic feel of the earlier generation MX-5 Miatas.

MX-5’s design is based on the original, but is new in every way. The first- and second-generation MX-5 Miata exterior design is a rounded shape with a wide footprint, large-radius corners and deep side contours. On the third generation, the Coke-bottle shaped center section is eliminated. Instead, the designers have used an entirely new oval shape in which the seating area is now the widest portion of the car. It makes for a roomier, safer cockpit and yet still expresses the compact look of a lightweight sports car.

Side surfacing is rounded yet taut – like the skin over a muscled body. Door mirrors continue the elliptical theme established by the original MX-5 Miata.

Head and tail lamps are mounted inboard to reinforce compactness, central to the car’s design philosophy. The tail lamps combine the traditional elliptical shape from previous design generations with new, modern materials. The rounded grille opening is similar to the original MX-5 Miata, and is part of the car’s iconic shape. The front bumper is clean and aerodynamically shaped. Seat-back bars add an eye-catching detail to the rear view.

Side skirts, tire-area deflectors and the front spoiler are designed to control airflow under the body and along its sides, minimizing drag.

The soft top provides a sporty, classic appearance with a flatter upper surface and a longer rear contour that flows smoothly into the rear deck. The lowered shape blends smoothly with surrounding body contours so well that no separate ‘tonneau’ cover is needed.

The Z-fold design makes erecting and folding the roof even easier. It uses a simple, central latch handle.

New for 2007 is a Power Retractable Hard Top model (covered in a separate release). This addition to the lineup builds on the soft-top two-seater’s zest for life by enhancing year-round comfort and security. Opening and closing cycles last only 12 seconds, making this the fastest power-operated retractable hard top in the U.S.

In addition, two new exterior colors are available for 2007 – Stormy Blue Metallic and Highland Green.

ENVIRONMENT TO ENJOY DRIVING

The interior design theme balances comfortable snugness below shoulder level with openness above, to give the impression of riding in open air.

The T-shaped instrument panel is consistent with Mazda design-DNA while the center console accentuates the backbone of the car. Strong horizontal and vertical theme lines connote rigidity and sports car capability. The black center stack is as simple and functional as possible. The arched hood over the instrument cluster and four circular vents are part of the MX-5’s cabin identity.

Wind in the hair is one thing, but nobody enjoys cockpit turbulence and buffeting, especially on long drives. Small quarter windows block drafts between the windshield pillars and door mirrors into the cockpit.

An aero board located between the seat back hoops is tall and perforated to slow down reverse-flow air that rushes into the cockpit. Mesh construction helps to reduce weight.

The quality of craftsmanship used in the MX-5 is quite unlike any MX-5 before. From the details of bright-trimmed gauges to the “piano-black” finish on the dash, the MX-5 feels and looks like a far more expensive vehicle than it actually is.

MODELS AND ACCESSORIES

The MX-5 Miata was conceived primarily for the US market, and throughout its 17-year history, America has always been the biggest market for what has become – easily – the world’s most popular two-seat convertible. The newly named-for-2007 Special Value model represents the least expensive way of getting into an MX-5. As with the next step-up MX-5, it gets a five-speed manual gearbox, 16-inch aluminum sports wheels, power-assisted door mirrors, dual exhausts, power windows, cloth upholstery, AM/FM/CD player with four speakers, dual front airbags and side airbags. In addition, the MX-5 gets air conditioning and a leather-covered steering wheel.

The Touring version, in addition, gets fog lamps, cruise control, Advanced Keyless Entry with retractable key and steering wheel-mounted cruise and audio controls, and adds the Convenience Package for 2007.

The six-speed manual gearbox with leather shift knob is standard on the MX-5 Miata Sport, as are bigger 17-inch alloy sports wheels. The Grand Touring gets heated leather seats, faux leather door trim, cloth soft top, and a BOSE ® audio system with seven speakers.

When upgrading to the Grand Touring with Premium Package, the vehicle gets Mazda Advanced Keyless Entry & Start System. The top-range 3 rd Generation Limited adds exclusive Velocity Red paint with Red or Black leather upholstery, chrome grille, windshield trim, headlamp bezels, fog lamps bezels and door handles, chrome rings around the gauges and vents, silver instrument panel finisher, stainless steel scuff plates and unique-design 17-inch wheels with bright finish, among other unique features.

A Portable media (auxiliary) jack is standard on all trims.

All 2007 Mazdas come with a roadside assistance program. With a call to a toll-free number, owners can access roadside assistance 24 hours a day, 365 days a year throughout the United States and Canada. In addition, a comprehensive three-year/36,000-mile warranty covers every part on the vehicle except those subject to normal wear. Also, all 2007 models receive a five-year/60,000 mile powertrain warranty and a five-year/unlimited-mileage corrosion warranty.

Posted by Frank at 8:12 AM

Saab 9-3 Convertible, Now Available with Sand

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DETROIT – The sand often times conjures memories of walks on the beach with the fresh sea air swirling in and out with the tide. With the availability of optional tan colored top, in place of the standard black or optional blue colors, Saab 9-3 customers are now able to reminisce year-round in this robust four-season convertible.

A Sand convertible top was only offered in 1993 and 1994 on the first generation convertible. After a 13-year hiatus, and many customer and dealer inquiries, the Swedish-born brand conceived by aircraft engineers, the option returns.

“Saab is a customer-focused brand,” said Yanlin Sun, Saab 9-3 Convertible marketing manager. “Our customers and dealers alike asked us to bring back the sand ... so we did.”

Since launching its first convertible, Saab has played a major role in advancing the popularity of open-top cars as a practical, all-year-round means of transport. The 9-3 Convertible's premium quality, sprightly performance, sporty styling and generous equipment levels attract those who long for cruising around in the open air.

The Saab 9-3 Convertible is offered in the 2.0T and Aero trim levels priced at $38,240 and $43,845 respectively. As with all Saab models, the 9-3 Convertible comes standard with no-charge scheduled maintenance, the GM 5-year/100,000-mile Powertrain Limited Warranty as well as a 4-year/50,000 mile Limited New-Car Warranty.

Saab is a division of General Motors Corp. Saab Automobile USA is the importer and/or distributor of Saab 9-3, 9-5 and 9-7X automobiles for Saab Automobile AB, Sweden . For the 2007 model year, Saab markets seven engines/transmissions that perform at an EPA-rated 30 mpg on the highway, including the 9-3 Convertible.

Visit www.saabusa.com for more information.

Posted by Frank at 8:10 AM

VW turns 52 in the US of A

AUBURN HILLS, Mich. – Volkswagen of America, Inc. announced that Thursday, April 19th marked the 52nd anniversary of the formation of its sales division in the United States.

The first offices were located in Englewood Cliffs, New Jersey. By the end of 1955, Volkswagen recorded 35, 851 sales in the United States, the majority of which were Karmann Ghias and Beetles.

Also during 1955, Volkswagen AG produced its one millionth car, and for the first time, exceeded the production level of one thousand cars per day.

Posted by Frank at 8:09 AM

GM Family Brings Record Number of Vehicles to Auto Shanghai 2007

Shanghai, China - Under the theme of Driving China’s Automotive Industry into the Future, General Motors Corp. and its China joint ventures are showcasing a record number of vehicles of today and tomorrow at Auto Shanghai 2007.

The 41 vehicles from GM, Shanghai General Motors and SAIC-GM-Wuling represent an array of production, concept and clean-energy products. All six brands offered by the GM family in China are represented on their 4,500-square-meter stand at this year's leading auto show in China.

"GM is proud to be joining our joint ventures to show the people of China our unmatched lineup of vehicles in addition to some new products and technologies that are making their first appearance in China," said GM China Group President and Managing Director Kevin E. Wale. "Our stand demonstrates how China's vehicle buyers are benefiting from our partnerships today and will continue to benefit from our partnerships well into the future."

Global Concepts of Tomorrow

The highlight of GM's stand is two concepts that are making their worldwide premiere. Both products were personally introduced by GM Chairman and CEO Rick Wagoner.

The Buick Riviera is a stunning coupe developed with global design input by GM's Pan Asia Technical Automotive Center (PATAC) in Shanghai by GM’s Pan Asia Technical Automotive Center (PATAC) automotive engineering and design joint venture in Shanghai. It was creatdesigned to showcase Buick's new global design direction in a stylish vehicle that combines East and West. It also marks the return of a renowned Buick nameplate after an eight-year hiatus.

GM's latest achievement in electric and fuel cell technologies is appearing in the next iteration of the E-Flex electric architecture. This second variant of theThe E-Flex system being shown for the first time in Shanghai uses GM's new fifth-generation fuel cell propulsion technology and a lithium-ion battery. The system was first initially shown in January at the North American International Auto Show in Detroit in the Chevrolet Volt concept vehicle, which is also appearing on GM's stand.

Among the other concept vehicles from around the world appearing on the GM stand are the Chevrolet Camaro sports car, the Chevrolet WTCC race car and the Cadillac Cien sedan.

Production Vehicles of Today

In addition to highlighting several of its vehicles of the future, GM and its joint ventures are also displaying an arraya range of products that are currently or will soon be offered in China.

Being shown for the first time in Asia are two models courtesy of GM’s Opel import brand from Germany. The Astra GTC with a panorama windshield offers both the driver and front seat passenger an almost unlimited field of vision. Passengers experience their surroundings just like in the cockpit of an airplane because there is no crossbeam restricting the view. The Astra TwinTop, which was launched in Europe last May, is a slimline four-seat cabrio-coupe that is one of the first cars in its class to feature an innovative three-part roof system.

New from Buick is the Park Avenue luxury sedan, the brand's top-of-the-line model, which is fresh off its worldwide debut in Shanghai on April 10. Buick's lineup also includes all three members of the Excelle family, Shanghai GM's best-selling model, as well as the ever-popular GL8 executive wagon and the hot-selling LaCrosse premium sedan. New from Buick is the Park Avenue luxury sedan, the brand’s top-of-the-line model, which is fresh off its worldwide debut in Shanghai on April 10.

Cadillac, GM's American luxury brand, has on display all five vehicles that it currently offers in China. One of the five models and Cadillac's best-selling product, the SLS luxury business sedan, is making its maiden appearance at Auto Shanghai.

Chevrolet has on display a range of cars that begin with the Spark mini-car and go all the way up to the new Epica intermediate sedan, which went on sale across China beginning in March. Visitors will also see standard and sporty versions of the Aveo hatchback as well as the popular Lova compact sedan.

Being shown for the first time in Asia are two models courtesy of GM's Opel import brand from Germany. The Astra GTC with a panorama windshield offers both the driver and front seat passenger an almost unlimited field of vision. Passengers experience their surroundings just like in the cockpit of an airplane because there is no crossbeam restricting the view. The Astra TwinTop, which was launched in Europe last May, is a slimline four-seat cabrio-coupe that is one of the first cars in its class to feature an innovative three-part roof system.

Saab, GM's premium brand from Sweden, is showcasing four members of its 9-3 family: the Convertible, Linear sedan, Sporthatch and Vector sedan. Also appearing is the 9-5 Aero sedan.

The Wuling mini-vehicle brand from SAIC-GM-Wuling is represented by the Hong Tu minivan, which is making its first appearance at the Shanghai auto show, and the GM China family's most popular model, the Sunshine minivan.

Auto Shanghai 2007 begins on April 22 and runs through April 28 at the Shanghai New International Expo Center. Vehicles from GM, Shanghai GM and SAIC-GM-Wuling are being displayed on the GM stand in Hall E1.

Posted by Frank at 8:00 AM

Rolls-Royce Gives Phantom Drophead Coupé Italian Debut

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This past weekend, the spectacular grounds of the Grand Hotel Villa d'Este and Villa Erba in Cernobbio on Lake Como again formed the unique backdrop for the most beautiful automobiles from yesteryear and exceptional cars of the present at the annual Concorzo d’Eleganza.

In 2004 the experimental Rolls-Royce 100EX, the forerunner of the Drophead Coupé, was shown at the same event. Based on customer reaction to this car during the worldwide tour which followed, it was decided to launch a production model.

The two-door, four-seater convertible is a less formal interpretation of the classic Rolls-Royce design. From a technical perspective, this car combines a ightweight, extremely stiff aluminium spaceframe with the lean and elegant body of a drophead coupé. Hand built to specific customer requirements from the finest materials, it includes a number of unique details. The rear deck is made from teak, using the same structure as that used in the yacht-building world, and the bonnet and windscreen surround are available in brushed stainless steel to give a contrasting, two-tone look.

At this year’s Concorzo, Rolls-Royce will also be marking the 100 year anniversary of the launch of the Silver Ghost – the car which was responsible for building the company’s early reputation for power, refinement, reliability and virtually silent running.

The name was first used in 1907 when Rolls-Royce silver plated the fittings of a ‘40/50’ Rolls-Royce and painted the coachwork silver. The name was later adopted for all the 40/50hp cars manufactured between 1907 and 1925.

Posted by Frank at 7:51 AM

Rolls-Royce Celebrates 80th Showroom Opening

Rolls-Royce announced at Auto Shanghai that the company’s 80th showroom in the world has just been opened in Chengdu. The opening of the fifth Rolls-Royce showroom in Greater China signifies the company’s confidence in the region's continued growth.

The appointed Rolls-Royce Motor Cars dealer is Chengdu Sanhe Automobile Technique Co., Ltd. which will operate a new 400 sq.m. showroom at the Singapore Industrial Park located in the Hi-tech District in Chengdu. The other Rolls-Royce showrooms in Greater China are located in Guangzhou, Beijing, Shanghai and Hong Kong.

Ian Robertson, Chairman and CEO, Rolls-Royce Motor Cars, said, “We are delighted to announce the opening of our new showroom in Chengdu. China is a very important market for Rolls-Royce, with sales in 2006 growing by more than 60 per cent, making the region our third largest market in the world behind the USA and the UK. We anticipate further growth in China and expect to open further showrooms later this year”.

Mr Robertson unveiled the new Phantom Drophead Coupé at Auto Shanghai, the first time the new convertible has been seen in the Asia Pacific region. Production of the new model will begin at the company’s UK manufacturing plant at Goodwood, England in the summer.

The two-door, four-seat convertible is a less formal interpretation of classic Rolls-Royce design than its four-door stable mate, the Phantom. Using the lightweight rigidity of an all-aluminium spaceframe, it marries modern technology to a sleek, streamlined convertible body.

Some of the special design features of the Phantom Drophead Coupé are:

• An optional brushed steel bonnet and rear teak deck. The bonnet is machine brushed before being hand finished to ensure a uniform grain throughout;

• An advanced aluminium spaceframe. Lightweight and exceptionally strong, it requires over 120 metres of hand-welding;

• A picnic boot with a split tail compartment which opens in two parts, giving easy access to 315 litres of space. The lower tailgate provides a comfortable seating platform for two adults when lowered;

• A fabric hood which is the largest of any modern convertible car and uses five layers of material to insulate the interior;

• Power supplied by a 6.75 litre naturally aspirated V12 engine giving brisk performance and a 0-60mph time of 5.7 seconds.

Hand-built using the finest quality materials to the exacting standards of Rolls-Royce, the new Phantom Drophead Coupé is exciting customers around the world and attracting large numbers of new buyers to the brand. More than half the orders placed for the car are from customers who have never owned a Rolls-Royce before.

Posted by Frank at 7:48 AM

GM to complete delisting common stock from trading on the London Stock Exchange

DETROIT - General Motors Corp. (NYSE: GM) announced today that at the Corporation's request, the Financial Services Authority ("FSA") in the U.K. has authorized shares of GM's $1-2/3 Par Value Common Stock to be delisted from trading on the London Stock Exchange ("LSE") at the opening of trading on the LSE on Monday, May 21, 2007.

The request by GM for delisting on the LSE is part of GM's plan to concentrate the trading of its shares on the NYSE, to eliminate the listing fees charged by other exchanges, and to avoid multiple regulatory schemes that govern corporations whose shares are traded on exchanges located in more than one jurisdiction. GM recently delisted its shares from the Toronto, Pacific, Chicago and Philadelphia Stock Exchanges in North America and the Frankfurt and Dusseldorf Exchanges in Germany.

Posted by Frank at 7:47 AM

BMW auctions off 18th Man Position on America's Cup Yacht for Breast Cancer Research

Auction from April 20-30, Log onto www.ebay.com/bmw to place your bid

WOODCLIFF LAKE, N.J. -- BMW of North America will host a special online auction on eBay to raise money for Susan G. Komen for the Cure -- the global grassroots movement dedicated to finding a cure for breast cancer.

Bidders will vie for the coveted 18th man position on the BMW ORACLE Racing Yacht until the auction closes on April 30th. For more information go to BMW's website: www.bmwusa.com/sailing or www.ebay.com/bmw to place your bid.

BMW will send the auction's highest bidder on a truly unique, once-in-a-lifetime adventure to Valencia, Spain, where the they will occupy the 18th Man position on the BMW ORACLE Racing yacht during the 4th race of the Louis Vuitton Cup Semifinals on May 18, 2007. And, there's more for the lucky winner -- if the BMW ORACLE Racing team wins and advances to the finals, they will take the 18th Man position a second time to race with the team in the America's Cup Finals.

The highest bidder will enjoy a four-day, three-night, trip to Valencia, including roundtrip airfare, 5-Star hotel accommodations at The Westin Valencia and $1000 spending money. In addition, Girard-Perregaux will offer the winner a luxurious R&D 01 Chrono -- USA 87 watch from its BMW ORACLE Racing collection watch (MSRP: $9,750).

"The America's Cup is the oldest active trophy in the world of sport, and the opportunity to occupy the 18th Man position in the tournament is sure to generate excitement and a tremendous level of interest," said Tom Purves, Chairman and CEO, BMW of North America. "Over the past 10 years, BMW has enjoyed a very successful and productive relationship with Susan G. Komen for the Cure, and we are pleased to offer this additional opportunity to raise funds for such a worthy organization."

Perhaps the most prominent example of BMW's ongoing relationship with the nation's leading breast cancer nonprofit is its program, The Ultimate Drive Supporting Susan G. Komen for the Cure, which is a grassroots nationwide fundraising effort that has raised more than $10 million for the organization to date.

BMW and Susan G. Komen for the Cure have also partnered on three successful auctions/sweepstakes in the past. In 1999, BMW conducted the first-ever online auction of an automobile, offering bidders the first BMW X5 off the assembly line. The event raised $159,100 for the nonprofit. In 2002, BMW auctioned off an autographed BMW M5 driven by Madonna in the company's groundbreaking internet film series, "The Hire." And most recently, in 2003, the cast of the wildly popular sitcom "Friends" signed a BMW X3, which traveled across the country with The Ultimate Drive program before being raffled off to one lucky winner.

"BMW of North America has been a very supportive fundraising partner over the past decade, and as such has helped fund essential research and crucial services for patients, survivors and their families," said Hala Moddelmog, President and Chief Executive Officer of Susan G. Komen for the Cure. "We would like to thank BMW for continuing to support the cause by finding creative ways to involve the community and help fund our ongoing search for a cure."

About Susan G. Komen for the Cure

Nancy G. Brinker promised her dying sister, Susan G. Komen, she would do everything in her power to end breast cancer forever. In 1982, that promise became Susan G. Komen for the Cure and launched the global breast cancer movement. Today, Komen for the Cure is the world's largest grassroots network of breast cancer survivors and activists fighting to save lives, empower people, ensure quality care for all and energize science to find the cures. Thanks to events like the Komen Race for the Cure, we have invested nearly $1 billion to fulfill our promise, becoming the largest source of nonprofit funds dedicated to the fight against breast cancer in the world. For more information about Susan G. Komen for the Cure, breast health or breast cancer, visit www.komen.org or call 1-800 I'M AWARE.

Source: BMW of North America

Posted by Frank at 7:40 AM

Mercedes Gets Buzz Going For C-Class With Web, Direct Mail

ALTHOUGH THE REDESIGNED C-CLASS SEDANS do not go on sale in the U.S. as a 2008 model until late summer, Mercedes-Benz is already gearing up direct-mail and Web efforts to get the buzz going on. The company hopes to win younger buyers and build a performance halo with the 2008 C-Class, which has been redesigned from the ground up, and now comprises two distinct and very different versions: a sleek and aggressive sports sedan, and a more traditional luxury car.

The company has created a microsite that features virtual versions of the cars. The company last week dropped direct mail pieces to consumers who signed up for information on the car at MBUSA.com. The pieces feature 3D effect photos of the new car zooming down a city turnpike, and the tagline "There's more to C."

The care also invites recipients to "Join us for an exhilarating ride. Online" at MBUSA.com/MoreToC.

Posted by Frank at 7:39 AM

Tire Safety Week

MCLEAN, Va. -- New-car dealers across the country are promoting tire safety during National Tire Safety Week, April 22-28. This is the third year the National Automobile Dealers Association (NADA) has participated in this educational campaign, sponsored annually by the Rubber Manufacturers Association.

National Tire Safety Week, part of the "Be Tire Smart -- Play Your Part" campaign, is designed to raise awareness among drivers about the importance of checking vehicle tire pressure and wear regularly. It will also help consumers save money on gas, as properly inflated tires can help improve fuel efficiency.

"Automobile safety and fuel efficiency are top priorities for NADA and dealers nationwide, and we're pleased to be part of a campaign that shares those goals," said NADA Chairman Dale Willey, who is also a franchised new-car and -truck dealer in Kansas. "Dealers are in a particularly strong position to convey this important information to the driving public. As the busy travel months approach, this effort is particularly timely," added Willey.

During National Tire Safety Week, participating dealers across the country will offer their customers "Be Tire Smart -- Play Your Part" campaign brochures containing simple, useful tips for recognizing and maintaining tire safety.

NADA is also actively involved in other national vehicle safety initiatives, including the "Boost for Safety" child passenger safety campaign and the National Air Bag & Seat Belt Safety campaign.

The National Automobile Dealers Association, founded in 1917 and based in McLean, Virginia, represents approximately 20,000 franchised new-car and -truck dealers holding nearly 43,000 separate franchises, domestic and import.

Source: National Automobile Dealers Association

Posted by Frank at 7:39 AM

State Farm Lowers Georgia Auto Insurance Rates

DULUTH, Ga. -- State Farm Mutual Automobile Insurance Company, the largest insurer of autos in Georgia and in the nation, is lowering its overall rate level in Georgia an average of 4.0 percent. This change will take effect April 23 for new business and May 23 for renewal business and represents an annual savings of $44.6 million to the company's Georgia customers.

After this rate change is implemented, State Farm's overall rate level in Georgia will be 8.3 percent lower than it was 10 years ago.

Premiums for the collision and comprehensive coverages are decreasing the most. The comprehensive coverage pays for losses from such perils as theft, storm damage, fire, vandalism and glass breakage. The cost of the liability coverage will go up for some and down for others. The price of the medical payments coverage will increase for most customers.

Overall premium changes for individual motorists will vary depending on factors such as the coverages they carry, the discounts for which they qualify, where they live, the kind of car insured, who drives it and how much it is driven.

In addition, State Farm recently announced a $62 million dividend in Georgia from which State Farm Mutual auto policyholders in the state will receive 11.2 percent of their semi-annual premium. Dividend payments began in early April and will continue throughout the year.

About one in every four cars insured in Georgia is insured by State Farm.

Source: State Farm Mutual Automobile Insurance Company

Posted by Frank at 7:38 AM

UK Auto Consortium Seeks to Shift Tech Education Up a Gear

HERTFORD, England -- The relentless pace of vehicle technology, a need to recruit and train technicians of the future(x) and ensuring the currency of lecturers' skills has prompted the UK motor industry to launch a unique initiative in support of the further education sector, which is responsible for training more than 50,000 young people registered on motor vehicle qualifications, including some 6,000 apprentices annually.

Following a bidding process, open to more than 300 institutions offering automotive training in the UK, ten 'pathfinder' centres have been selected to receive significant assistance from an industry consortium, which includes: the Institute of the Motor Industry (IMI), the retail motor sector's professional association and major awarding body; bluecycle, the UK's largest on-line auto salvage auction specialist; Snap-on, a global leader in tools and vehicle diagnostic equipment; and Autodata, the foremost publisher and supplier of automotive technical information in Europe.

Recognising the challenges faced by the FE sector in funding investment in facilities, products and vehicles, the chosen centres, all of which are approved by the IMI to deliver national qualifications, will receive a complimentary package of support over the next three years. This includes the provision of vehicles(xx), Snap-on diagnostic equipment, access to technical data and comprehensive training for lecturer staff both off-site and complemented by visits from Snap-on's technical support team.

In return, the initiative will require participating centres to promote their involvement to local industry, careers offices and schools, as part of the IMI's "Proud to be professional" campaign, launched last year to step up efforts to attract high calibre students to the benefits of a vocational apprenticeship as a credible and rewarding alternative to university. The campaign also challenges outdated public perceptions of the motor sector, by stressing the progress being made by the industry to promote and recognise competence and ethical behaviour, which is championed by the IMI and endorsed by the participating stakeholders.

Research conducted by the Learning and Skills Council(xxx) reveals vacancies in the retail motor sector totalling some 11,500, the majority of which are for skilled technicians. Advanced systems, similar to that found in state-of-the-art fighter aircraft such as head-up display, fibre optics, controlled area networks (CAN), for example, are increasingly commonplace on new cars, demanding extreme proficiency of technicians in electronics and diagnostics. The new scheme will enable students and staff to gain in-depth experience of a variety of current production models.

Commenting on the launch of the new initiative, Sarah Sillars, Chief Executive, IMI, said:

"With rapid vehicle evolution, a shifting retail landscape and intense scrutiny from consumer groups, a robust and respected retail motor sector of the future will depend on equipping people with a whole new range of advanced skills who understand the importance of ethics. The further education sector has a huge part to play in this ambition and this unique initiative aims to make a difference on a number of different levels. We look forward to monitoring its progress."

Terry Smith, European Marketing Manager, Snap-on Diagnostics, commented:

"Snap-on has a sincere belief and a clear vision that by working together with other key businesses we can make a difference to how we train new and existing technicians to deal with the latest technology used on the motor vehicles of today and in the future. By supporting professional accreditation standards like ATA, we believe we can help to improve the public's perception of the UK motor industry."

Piers Wilson, Head of Market Development, bluecycle, added:

"bluecycle is always looking for innovative ways to support the motor industry so is delighted to be working with industry leaders to equip the motor technicians of the future with the skills to offer a full service to motor consumers."

Stephen Ellis, Lecturer in automotive engineering at West Cheshire College, one of the ten selected centres, said:

"Having state-of-the-art vehicles and electronic equipment in a classroom environment will equip our students with the most up-to-date training in a modern and challenging environment so that they are better prepared for the working world.

"Our involvement in this scheme will drive up the standard of technicians available to local employers and we hope it will also attract new and mature students into vocational education and the growing field of automotive electronics," continued Mr Ellis.

Tony Swiatek, Managing Director, Autodata, concluded:

"We think this is an excellent scheme and are delighted to be assisting with raising the standard of technician training in the UK. It is vital that our young technicians understand the importance of using accurate data, when undertaking any automotive repair or replacement task. With this country becoming increasingly litigious and consumer laws being continuously tightened, workshop staff need to be trained from the start to do jobs to the required standard every time."

Source: Institute of the Motor Industry

Posted by Frank at 7:35 AM

April 22, 2007

Mayor Bloomberg Proposes a Fee for Driving Into Manhattan

Saying that he would not spend his final term in office “pretending that all is fine,” Mayor Michael R. Bloomberg made a series of Earth Day proposals this afternoon to improve the environment of New York City, including charging a new congestion fee to drivers who come into parts of Manhattan during peak hours during weekdays.

The $8 congestion fee was one of 127 initiatives included in a sweeping plan by the mayor to help the city of currently 8.2 million people cope with an expected surge in population that he said is sure to put a strain on its transportation, housing and energy systems.

Posted by Frank at 6:11 PM

April 21, 2007

Camry Production Begins at Subaru Indiana Plant

$230 million investment creating 1,000 jobs at Subaru plant

LAFAYETTE, Ind. -- Subaru of Indiana Automotive (SIA) and Toyota held a ceremony today to commemorate production of the plant's first Toyota Camry.

In March 2006, SIA parent Fuji Heavy Industries (FHI) and Toyota announced a collaborative agreement that would include Camry production at SIA.

A $230 million investment gives SIA the capacity to produce 100,000 Camrys per year. Camry production will add 1,000 associates for a total of more than 3,200 at SIA.

Attending the ceremony were FHI president Ikuo Mori and Toyota Motor Corporation president Katsuaki Watanabe. They congratulated SIA associates and Toyota team members involved in the project's development for their hard work and commitment to building America's best-selling car at SIA.

"Production of the Camry at SIA represents an important start to our business collaboration with Toyota," said Mori. "Together, we were able to accomplish this goal in a short period of time through the efforts of all associates involved in this project."

"Fuji and Toyota faced many challenges for Camry production, including a short amount of preparation time, and we are grateful for the hard work of our associates and team members," said Watanabe. "We look forward to growing a long-term relationship with Fuji, SIA and the local community."

"The Camrys are rolling and so is Indiana," said Governor Mitch Daniels. "We are honored by the new investment in our state and the confidence in Hoosier workers."

To thank the local community for its support, SIA and Toyota yesterday announced a $60,000 donation to the Columbian Park Zoo for its owl exhibit.

In addition to the Camry, SIA builds the Subaru Tribeca, Outback and Legacy. SIA produced about 120,000 Subarus in 2006.

About Toyota

Toyota (NYSE:TM) established operations in North America in 1957 and will operate 15 manufacturing plants in North America by 2010. There are more than 1,700 Toyota, Lexus and Scion dealerships in North America which sold more than 2.8 million vehicles in 2006. Toyota directly employs over 41,000 in North America and its investment here is currently valued at more than $18.6 billion, including sales and manufacturing operations, research and development, financial services and design. Toyota's annual purchasing of parts, materials, goods and services from North American suppliers totals more than $28.5 billion. Toyota currently produces 11 vehicles in North America, including the Avalon, Camry, Camry Hybrid, Corolla, Matrix, Sienna, Solara, Sequoia, Tacoma, Tundra and the Lexus RX 350. By 2010, Toyota will have the annual capacity to build approximately 2.2 million cars and trucks, 1.45 million engines and 600,000 automatic transmissions. For more information about Toyota, visit http://www.toyota.com/.

Source: Toyota; Subaru of Indiana Automotive

Posted by Frank at 8:05 AM

April 20, 2007

Audi delivers wickedly styled crossover in China

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SHANGHAI, China - At the Shanghai Motor Show (20 - 28 April 2007) Audi will present a study that defines a new segment in the field of crossover vehicles. The Audi Cross Coupé quattro combines the design and dynamism of a compact premium sports car with the spaciousness and versatility of a four-seat sport utility vehicle (SUV).

Innovative technical solutions show new ways of achieving efficiency, driving pleasure and comfort in a manner that is typical of Audi. The Audi Cross Coupé quattr a car whose visual appearance clearly tells you what it is capable of and whose engineering matches this standard – on all roads, under all conditions.

The silhouette is typical Audi; the design of the study, painted in Liquid Silver, is highly reminiscent of the sporty models produced by the Ingolstadt brand. The proportions and the large 20" wheels point clearly towards the offroad potential of the Cross Coupé quattro. A new element is the fabric folding roof, which, when it is open, gives optimum levels of headroom and fresh air. The hood is opened and closed electrically.


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The transversely installed four-cylinder inline TDI engine with common-rail fuel injection and piezo injectors is a completely new development. With power output of 204 bhp and 295 ft.-lbs. of torque, it gives the vehicle a sporty performance and a surprising degree of efficiency. On average the ultra-modern 2.0 TDI needs just 5.9 litres of diesel per 100 km. The diesel particulate filter and Bluetec system reduce soot and nitric oxide emissions effectively. Even today, the Audi Cross Coupé quattro satisfies the emissions standards of the future.

The quattro permanent four-wheel drive system is a matter of course on an Audi with offroad potential. A Haldex clutch ensures that traction is precisely distributed according to the situation. The sporty Audi S tronic dual-clutch gearbox executes gearshifts in a matter of milliseconds.

The running gear, featuring a McPherson-strut front axle and a four-link rear axle is perfect for sporty and agile handling that retains a high degree of stability and makes cornering distinctly fun. As an additional quality, the driving comfort of the running gear impresses on all types of road and in rough terrain, meeting even the standards expected of a vehicle in a higher class. Ceramic brake discs promise excellent, non-fading deceleration. 20" wheels give the Cross Coupé quattro the ground clearance required.

Numerous electronic systems support the driver. The Audi drive select system makes it possible to preselect three highly individual configurations for the engine, gearbox, steering and adaptive shock absorbers. The result: a car that can be enjoyed in three completely different ways.

Besides the standard "dynamic" drive select mode and the "sport" setting, the Audi Cross Coupé also has the "efficiency" driving program. Here, the engine map and the shift points are modified to support a particularly economical driving style. In addition, the system deactivates components that are particularly energy-hungry, for example the air-conditioning compressor.

Another innovation is the MMI control panel, which is operated by a touch pad. The monitor of the system employs, for the first time, dual-view technology. The system can produce different images for the driver and front-seat passenger. These images are only visible when viewed from a specific angle. This allows the driver to read data from the on-board computer while the front passenger watches a TV programme, listening to the sound through headphones.

The sound system with the prominent extending tweeters sets a new infotainment standard in the class. The ambient lighting with numerous light sources gives the interior a stylish ambience, even at night.

Posted by Frank at 8:23 AM

Mercedes-Benz CLK Sport Edition

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Exclusive Coupés and Cabriolets now even more dynamic and attractive

Stuttgart -- With its sporty appearance and sumptuous level of appointments, the immediately available Sport Edition is a new highlight among the Coupés and Cabriolets of the Mercedes-Benz CLK-Class. 18-inch light-alloy wheels in an exclusive design, AMG styling features in the exterior and bi-xenon headlamps as standard give this special model a particularly distinctive appearance. The sporty, exclusive atmosphere of the interior is especially characterised by the grippy AMG ergonomic sports steering wheel, aluminium-look sports pedals and special velour floor mats.

The letter combination CLK has denoted excitement and driving pleasure for many years. The new "Sport Edition" special model now makes the Coupés and Cabriolets of the Mercedes-Benz CLK-Class even more desirable. Both externally and in the interior, the Sport Edition further upgrades the CLK models and makes them even more attractive and dynamic.

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The exciting design of the CLK-Class is accentuated by muscular AMG styling features for an even more dynamic appearance. These include a front apron with more pronounced contours, as well as the rear apron and side skirts which typify AMG models. Large, 18-inch light-alloy wheels in a new, six twin-spoke design (front 225/40 R 18, rear 255/35 R18) further enhance the sporty appearance and contribute to driving pleasure. The same applies to the perforated front brake discs. The brake callipers of Sport Edition models bear the lettering "Mercedes-Benz".

The special CLK Sport Edition models are equipped with bi-xenon headlamps including dynamic beam control, cornering lights with an integral foglamp function and a headlamp washer system as standard. The Active Light System is also available as optional equipment. A large, chrome-plated exhaust tailpipe and a special rear silencer provide a sonorous, sporty exhaust note.

Sporty, masculine features

The new Sport Edition is based on the already sporty configuration of the luxurious AVANTGARDE design and equipment line. In models equipped with an automatic transmission, an AMG sports steering wheel with upper sections of perforated leather and steering wheel shift paddles ensures an even more sporty touch. Depending on the engine variant, a further technical highlight is available in the form of the 7G-TRONIC seven-speed automatic transmission, the world’s only car transmission of this kind. Its seven gears can be shifted either automatically, via a manual shift programme or by means of steering wheel shift paddles as in the motor racing world. Moreover, 7G-TRONIC Sport reduces gearshift times by up to 30 percent.

The sporty atmosphere of the interior is accentuated by black upholstery in a combination of high-quality ARTICO man-made leather and fabric. A black leather interior is also available on request. Other sporty touches include a sports pedal cluster with an aluminium look and non-slip studs, as well as velour floor mats with silver-coloured edging.

The special models of the Mercedes-Benz CLK Sport Edition are available as Coupés and Cabriolets, with a choice of six powerful engine variants which are among the most economical in their class.

This attractive enhancement package provides a further individualisation option, and is only available for AVANTGARDE variants of the CLK models. The cost of this sporty equipment package is 3 332 Euro (incl. VAT).

Posted by Frank at 8:21 AM

Park Avenue Comes to Auto Shanghai 2007

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Shanghai, China - Shanghai General Motors is showing the newest member of its Buick lineup, the Park Avenue luxury sedan, on the GM stand at Auto Shanghai 2007. The Park Avenue made its global debut in Shanghai on April 10.

Like the affluent New York City boulevard of the same name, Buick's Park Avenue is trendy and luxurious. With its range of advanced technologies and high-grade amenities, not to mention a stylish design that conveys a sense of power and passion, it is representative of traditional American luxury sedans.

"The Park Avenue is the perfect blend of tranquility and power," said Shanghai GM President Ding Lei. "It shows Buick's ability to move with the times while continuing to leverage our global resources and local knowledge. Designed especially for business leaders and other elites, it is a component of our effort to maintain our leadership position in China by addressing the needs of all of our customers."

The Park Avenue is the first vehicle available in Asia that takes advantage of GM's new global rear-wheel-drive architecture. The precise and stable vehicle structure ensures a premium driving experience. At 5,175 mm in length, 1,899 mm in width and 1,480 mm in height, and with an impressive 3,009-mm wheelbase, the Park Avenue also offers a very spacious ride.

The Park Avenue's genuine leather seats, with eight-way power adjustment for the front seats, are designed to accommodate people of varying sizes. All seats incorporate a massage function. A high-quality entertainment system with LCD panels and an advanced heating, ventilation and air conditioning system offer the relaxation and comfort that one would expect of a luxury sedan. The Park Avenue's GPS navigation system contains road information for more than 300 cities in China. The Bluetooth mobile phone system is also available.

Like all Buick products, the Park Avenue offers a high level of safety and peace of mind. It is equipped with the GM Local Area Network (GM-LAN) high-speed communication system, which is based on the top-of-the-line 32-bit 500 kb/second engine control system. With a signal transmission speed approaching real time, information flow from various sensors is instantaneous, enhancing efficiency and safety. Further enhancing safety are six intelligent air bags for the driver and passengers.

The Park Avenue is powered by GM's smooth yet powerful AlloyTec V-6 engine, which accelerates from 0 to 100 km/h in 7.8 seconds. The engine control unit features the latest Bosch E77 32-bit ECM processor. With the Remote Engine Start (RES) function, the driver can start the engine up to 20 minutes in advance and within 60 meters of the vehicle. The RES function also can adjust the temperature inside the car.

Customers have a choice of two engine displacements. The Park Avenue's 3.6-liter engine generates maximum output of 187 kW (250 hp) @ 6,500 rpm and maximum torque of 340 Nm @ 3,200 rpm. Its 2.8-liter engine offers maximum output of 150 kW (201 hp) @ 6,000 rpm and maximum torque of 265 Nm @ 3,000 rpm.

Shanghai GM is offering five Park Avenue variants: the 3.6-liter Flagship, which is priced at RMB 498,800; the 3.6-liter Elite, which is priced at RMB 388,800; the 2.8-liter Luxury, which is priced at RMB 458,800; the 2.8-liter Elite, which is priced at RMB 368,800; and the 2.8-liter Comfort, which is priced at RMB 328,800.

Posted by Frank at 8:16 AM

Third Generation Ford Mondeo Dazzles Auto Shanghai 2007

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AUTO SHANGHAI 2007 – April 19, 2007 - Ford Motor Company today formally announced China production plans for the third generation Ford Mondeo at Changan Ford Mazda Automobile's (CFMA) Chongqing plant later this year. The sleek and bold car known for its appearance in the new James Bond movie, ‘Casino Royale’, was unveiled during a press conference at the Ford stand, revealing its 'kinetic design' pedigree and sophisticated technology.

Mei-Wei Cheng, vice president of Ford Motor Company and chairman & CEO of Ford Motor China, said, “Our stand features a number of vehicles that show-off Ford's cutting-edge 'kinetic design' philosophy and engineering excellence, highlighted by the unveiling of the exciting new, third generation Mondeo. ”

Kinetic Design Family Dazzles on Ford Stage

Ford's 'kinetic design' concept is a flexible brand DNA that is literally shaping the company's future design philosophy. From its Ford of Europe origins, this 'energy in motion' styling has begun to appear on several of Ford's newly introduced vehicles. It debuted in China at the 2006 Beijing International Auto Show, and new vehicles like the Mondeo are continuing to dazzle Chinese consumers during the Shanghai exhibition.

Martin Smith, executive design director, Ford of Europe, said, "The third generation Mondeo raises Ford's ‘kinetic design’ language and concept to a new high, and allows people to fully experience its energy in motion.”

The 'Car of the Year 2007' Ford S-MAX is on display at the Ford stand for the first time as a production vehicle in China. This all-new star product from CFMA features the three great characteristics of Ford's innovative kinetic design, precise driving dynamics, and outstanding space and flexibility, and perfectly fuses them into an all-new market segment – the SAV (Sport Activity Vehicle).

Making its Asian debut at the Ford stand is the sleek, 5-door iosis X sport crossover concept car from Ford of Europe, the sister vehicle of the iosis concept car that was showcased at last year's Beijing Show. The iosis X exudes Ford's 'kinetic design' concept, and shows how Ford's forward looking design and engineering can be extended into a niche market vehicle.

Complete Ford Focus Line on Display

Ford is using Auto Shanghai 2007 to showcase the full line of its immensely popular Focus, including the 2007 Focus 5D and sedan, European-imported Focus ST, Focus WRC race car – winner of the 2006 World Rally Championship, and last year's China Circuit Champion Focus race car.

With its stylish exterior, extraordinary handling, and wonderful driving experience, the Ford Focus has been a huge success with Chinese consumers since its launch in 2005. With sales of 78,430 units in 2006, the Focus was the driving force behind the doubling of CFMA's sales figures. Focus has maintained hot sales in the first quarter, totaling 20,482 units, and 24.3 percent year-on-year increase.

David Thomas, General Manager of Changan Ford Mazda Automobile Sales Company said, "The 2007 Focus at this Show, which hit the market in March, is a completely remodeled car. CFMA was quick to react to the increasingly individualized needs of consumers, and we're now seeing how enthusiastically consumers are pursuing this model.

The 2007 Focus is also a perfect illustration of the connection we're making with our customers through our ‘Make Every Day Exciting’ brand campaign.”

The Focus ST, which first appeared on Ford's 2006 Beijing Show stand, features a potent, turbo-charged Duratec ST, 2.5 liter, 5-cylinder engine that delivers an impressive 225PS. Equipped with a slick-operating 6-speed manual gearbox and capable of a top speed exceeding 240 km/h (150mph), it needs only 6.8 seconds to accelerate from 0 to 100 km/h (6.5 seconds from 0 to 60 mph). This performance data firmly places the Focus ST in the league of high performance sports cars.

The fuel-efficient and environmentally friendly 2008 Ford Escape Hybrid SUV on display features a “full” hybrid gas-electric engine, meaning that it can run on 100 percent electric power at up to 30 mph. The Escape Hybrid automatically switches between pure electric power, pure gasoline engine power or combined operation of the two to maximize efficiency and performance, and helping deliver fuel consumption of 15-17 km/l in normal city driving conditions. Its exhaust emissions can even reach Partial Zero Emissions Vehicle (PZEV) standards.

The Ford Shelby GR-1 concept springs from a long line of Ford performance project cars and is undoubtedly one of the most contemporary and dramatic front-engine, two-seat, fastback supercars. Its athletic design features a long hood that blends seamlessly into the teardrop-shaped cabin with a fastback roofline and falling upper fender line, making it appear in motion, even when it's standing still. This one and only, extremely spiritual American car represents Ford's long standing dream of a high-end, limited edition professional super car.

The Giugiaro Mustang concept car, a stunning one-of-a-kind interpretation of Ford's iconic muscle car, will give Chinese car fans a glimpse at classic automotive elegance, with its perfect combination of American and Italian styling. The car's interior represents an Italian interpretation of American individuality. The exterior is more streamlined than its Mustang predecessors, with a tapered end that reflects the style of southern European designs.

Thomas concluded, “By implementing a sound business strategy, and continuing to introduce leading edge technologies, first-class designs and excellent products, CFMA has become one of the leaders in the China market. Our new ‘Make Every Day Exciting’ brand campaign is something that will help us communicate all these elements to our customers, and further enhance the relationship between Chinese consumers and Ford's brand, products and services.”

Posted by Frank at 8:14 AM

General Motors Unveils Second Propulsion System for Chevrolet Volt

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E-Flex Hydrogen Fuel Cell Continues Move Toward Electric Drive

SHANGHAI - GM's global commitment to developing transportation that reduces oil use and promotes energy diversity continued today at the Shanghai Auto Show with the unveiling of the next iteration of the E-Flex electric architecture, configured with GM's newest, most efficient hydrogen fuel cell system to date.

This second variant of the E-Flex system uses GM's new fifth-generation fuel cell propulsion technology and a lithium-ion battery to provide up to 300 miles (483 km) of petroleum- and emissions-free electric driving. The fuel cell E-Flex is a true Zero Emission Vehicle (ZEV) and operates all-electric from both hydrogen fuel cell-generated electricity and grid electricity. It is plug-in capable, adding up to 20 additional miles (34 km) each time it is charged, further reducing trips to the refueling station.

The E-Flex system is a flexible all-electric production vehicle architecture that can be configured to run on electricity from a number of sources. It was first shown in January at the North American International Auto Show in the Chevrolet Volt concept vehicle. The Volt is a battery electric vehicle with 40 miles of all electric-range and uses a small bio-fuel engine with a generator to extend its range to 640 miles (1030 km).

"The beauty of our E-Flex strategy is that it allows us to package various propulsion systems into the same space depending on what energy is available locally," said Larry Burns, GM's vice president of Research and Development and Strategic Planning. "It also provides flexibility in the sources of energy. We can obtain hydrogen or electricity from a myriad of renewable sources - wind, solar, geothermal, hydroelectric and biofuels - or from traditional sources such as natural gas, clean coal, nuclear or even gasoline.

"E-Flex provides flexibility in two ways: in the propulsion systems that can be used, and in the sources of energy that can be commercialized to compete with oil and meet global transportation growth in a sustainable way."

Independent studies indicate hydrogen fuel cell vehicles offer superior overall efficiency and fewer greenhouse gas emissions compared to internal combustion engines running on gasoline, when considering both the creation of the energy and its use in the vehicle.

GM's fifth-generation fuel cell system is half the size of its predecessor, yet it provides the same power and performance. The fourth generation currently powers the Chevrolet Sequel concept vehicle. The Sequel stores 8 kg of hydrogen and delivers a range of 300 miles (483 km). The fuel cell Volt will also deliver 300 miles of range, but with only 4.0 kg of hydrogen (75 miles / kg).

GM's advancements are a strong indication that our fuel cell technology has the potential to be a competitive alternative to the internal combustion engine - in size, performance, durability and cost.

"Our progress has made us increasingly confident that our fuel cell propulsion system will be automotive-competitive," said Burns. "But before this technology can be made widely available, governments, energy suppliers and infrastructure companies around the world need to collaborate with GM and the auto industry to develop a market for fuel cell vehicles and hydrogen fuel."

A variety of technological advancements and lightweight materials contribute to the efficiency of the Volt. With an estimated curb weight of 3,500 pounds (1,588 kg), it weighs 30 percent less than the Sequel. The fuel cell propulsion system is packaged entirely under the hood and is equivalent in size to a four-cylinder engine with automatic transmission. The Volt also features molded GE plastic panels on the fenders, window glazings, instrument panel and steering wheel, which offer between 30 percent and 50 percent weight reduction per part.

The E-Flex fuel cell variant also showcases GM's third-generation wheel hub motors, packaged inside the rear wheel to add considerable torque for all-wheel electric drive capability. The new coreless motor technology reduces mass and produces more power compared to the first generation shown in 2003.

Posted by Frank at 8:08 AM

Buick Riviera - Stunning Coupe Concept Unveiled in Shanghai

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* China-Designed Gullwing Coupe For China's Global Auto Show

* Preview To Buick's New International Design Language

* Buick Returns Riviera Nameplate After Eight Years

* "It's Not East, Not West ... It's Buick"

SHANGHAI - The Buick Riviera, a stunning concept car designed to showcase Buick's new global design direction, made its global debut today at Auto Shanghai 2007.

The gullwing Riviera concept coupe was developed with global design input by the Pan Asia Technical Automotive Center (PATAC) in China, a design and engineering joint venture between General Motors and Shanghai Automotive Industry Corporation (SAIC).

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The Riviera was introduced today by Rick Wagoner, GM Chairman and CEO, and Hu Maoyuan, SAIC Chairman.

The Riviera has been engineered to accommodate a new hybrid system that will go into production at Shanghai GM, GM's flagship joint venture with SAIC, in 2008.

The fuel-efficient car, which will feature several technological and manufacturing advances, represents the latest achievement of GM and its partners in the promotion and development of alternative propulsion technologies in China.

According to Ed Welburn, vice president, GM Global Design, "Developing and launching the Riviera in China underscores the diversity, strength and depth of the GM global design network. It also reflects PATAC's growing role within the GM Design family and China's significance as the world's largest Buick market."

The Riviera also marks the return of a renowned Buick nameplate after an eight-year hiatus, having sold more than 1.1 million units in the United States between 1963 and 1999.

The Buick Riviera, with its tightly stretched carbon fiber body panels, combination of positive and negative curves, strong front and rear identities and gullwing doors, captures the essence of Buick classics, Welburn said, while presenting a thoroughly 21st century design.

"The Riviera concept certainly lived up to the nameplate's reputation," Welburn said.

"We developed the Riviera to communicate the global design vocabulary of the Buick brand and set the stage for General Motors' design, engineering and manufacturing centers to work together on the next generation of Buick mid-size luxury cars."

According to James Shyr, PATAC Design Director, the Riviera's enticing curves and 'earth and water' interior tones are drawn from diverse inspirations including classic Buicks, ancient Chinese artifacts and modern electronic icons. The car, inside and out, communicates universal beauty - a look that transcends cultural or national boundaries.

"Designing this car made us realize how small the world could be. It's not East. It's not West. It's not the United States or China. It's Buick," Shyr said.

Exterior Design - A Sense Of Existence, Not Anonymity

To establish their design direction, PATAC designers looked in part to Buick icons such as the original Y-Job Concept of 1938, the 1960s Le Sabre, Electra 225 and the Riviera coupes of the 1960s and '70s.

The Riviera design is structured around the Buick tri-shield logo, sitting proudly on a trihedral waterfall grille which is formed by three meeting planes. This takes the traditional Buick treatment to a new level of sophisticated boldness.

The Buick logo leads into a reflective strip through the hood, a mark of respect to the distinctive mid-hood crease prevalent in classic Buicks. Elongated LED headlamps flow up the hood sides to three-section, top-mounted chrome portholes as a single piece of jewelry.

The logo, hood strip, headlamps, side mirrors and rocker covers all have 'icy green' backlighting available at night, matched by backlit logo and exhausts at the rear.

Designers have cleverly incorporated several other design signatures from the original Riviera generation. They include the "double sweep spear" line along the bodyside and the flared tail design.

"This car was inspired by great Buicks - their grace, their gesture. This car was designed to achieve a sense of existence. It's not an anonymous car when it drives past you but it's not completely in your face either. We wanted to create something which would make you want to run your hand across it rather than just look at it," Shyr said.

In this theme, the 'Shell Blue' exterior color was chosen to elicit the right level of attention. The color is a metallic silver with light blue accents, perfectly highlighting the coupe's exterior curves.

The gullwing doors, selected for their exotic appeal, achieve an expansive entrance to the two-plus-two seating configuration. Measuring 1938 millimeters at their widest point, they add to the coupe's sleek sideline. At night, fully opened doors gently shine the "Buick" name on the ground.

The use of carbon fiber in all body panels allowed the designers greater flexibility through reduced mass and added strength. This made the gullwing engineering demands easier to realize and sharp, tight radius curves possible across the body surface.

The Riviera sits on 21-inch 10-spoke forged aluminum wheels, combining polished and satin finishes, with low-profile tires. Taking their cue from Formula One cars, the side mirrors are sweeping yet unobtrusive.

PATAC designed the Buick Riviera to accommodate the new hybrid system, which will be introduced in China in 2008 prior to the Beijing Olympics. The new hybrid system fits naturally with the Riviera's 'earth and water' design theme.

Interior Design - All About Relaxation

In a word - sanctuary. The use of rich blue and subtle creams, representing earth and water themes, are conveyed through high-quality leather bucket seats, plush carpet and a luxurious padded steering wheel. Completing the organic feel, the roof comprises two shaded glass windows offering increased headroom and a celestial connection for occupants.

"We had to have the driver feel relaxed and tranquil inside the car. We used earth and water tones and avoided hard, aggressive edges," Shyr said.

The interior has no discernable start and finish point for the front and sides, creating a comfortable lounge feel. It is immediately futuristic yet somehow familiar.

The three-dimensional speedometer, inspired by past classics but utterly modern in design, compliments the touchpad styled central console loosely modeled on a computer mouse. An LCD display screen crowns the central console.

Interior designers were encouraged to consider people's personal belongings to enhance their feeling of familiarity and comfort in the vehicle. Continuing the theme of calm simplicity, electronic shifter pads replace the traditional transmission shifter. Controls are kept to a minimum to avoid driver distraction.

Ambient light strips are applied from across the console and inserted on the door liner, stretching to the front seats. Deliberately imitating precious Chinese jade stone, the lights are tinted a subtle icy green, which also offers tribute to a favored color of Buicks in days gone by.

Interior trim treatments befitting the Buick prestige abound - miniature aluminum tri-shields in the front seat headrests, a wooden floor mat in the rear and a rear central armrest which can move sideways left and right to accommodate passengers of different sizes.

Royal blue Alcantara, a soft plush covering, was chosen for the door, console and roof while sandy white leather covers the lower door, lower console and seats.

Ancient Influences In Modern Design

The design team set out to create a modern global design - not something which could be superficially described as a Chinese car. At the same time, they sought to draw from their heritage outside the automotive industry from classic shapes, concepts and artifacts. They wanted to include a subtle Chinese essence and influence if one looked deeply enough.

A strong influence was the yuanbao, a small curvaceous gold or silver ingot used in ancient China as currency and popular today as a symbol of ancient Chinese prosperity.

"This design was about the East and the West co-existing in harmony. We always wanted to make a global car, to take a sense of the Buick DNA and create something for the world," Shyr said.

"It is so wonderful that our designers can take some of the rich culture behind them and make it international. East, West, Buick, China - there's no missing piece in the puzzle in here. Riviera has captured the essence of Buick - grace, gesture, form and emotion."

Posted by Frank at 7:58 AM

Saab Aero X competes in Villa d'Este Concorso

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Lake Como, Italy – When good looks and elegance are the most important criteria for judging a car, then there can hardly be a more prestigious and stylish event than the Concorso d’Eleganza on the grounds of the Villa d’Este on Lake Como, Italy. Since 1929, collectors from around the world present their exclusive cars here to a specialist jury and the public.

In 2002, the event returned to its roots. Since, the latest drivable concept cars are again participating alongside the classic vehicles – just as planned in the event’s original mandate. Over the past years, the “Concorso d’Eleganza Villa d’Este Design Award,” which is assigned by the public, has been won by such landmark designs as the Alfa Romeo 8C Spider, Peugeot 907 Coupé and Pininfarina Rosso Spider.

The organizers invited Saab to this year’s event (April 20 – 22) with the Aero X sports car prototype, which was voted “Best of Show” by AutoWeek Magazine at its 2006 Geneva Motor Show debut. In addition, AutoCar magazine in the U.K. voted the Aero X “Concept Car of the Year.”

At the Lake Como event, the Saab Aero X will be driven by Anthony Lo, GM Europe director of Advanced Design. “Although the Aero X has already received a lot of positive recognition, taking part in the Concorso d’Eleganza at Villa d’Este is a very special feeling. It truly is an honor to represent our design team here,” Lo said.

Saab is a division of General Motors Corp. Saab Automobile USA is the importer and/or distributor of Saab 9-3, 9-5 and 9-7X automobiles for Saab Automobile AB, Sweden. For the 2007 model year, Saab markets seven car variants that have an estimated EPA-rated 30 mpg on the highway.

Posted by Frank at 7:55 AM

Taking Flight with Saab

sshann.jpgBy Steve Shannon
General Manager, Saab USA

As some of you already know, I was recently named General Manager of Saab Automobile USA, replacing Jay Spenchian, who played that role for the last two years.

While I know that many people are excited about this change, I also know that there is some fear and skepticism among the Saab community about my appointment. That is entirely understandable, especially for a brand with a following that is widely known for its unparalleled passion. I’d like to take this opportunity to reassure Saab lovers that Saab will remain in good hands.

First, rest assured that Jay is not going far away. In fact, he’ll only be three floors away in his new capacity as the head of GM’s North American Marketing Strategy. In that role, he will be instrumental in making sure that all GM brands – including Saab – have clear direction in their marketing. Jay was the captain of Saab’s “Born from Jets” campaign (which, by the way, I think is terrific), and he will still have his hands on it in his new role.

As for me, I have almost 25 years of experience at GM in many different positions and brands. I know what works and what doesn’t, and I know how to get things done. I am going to take all of that knowledge and experience and use it to Saab’s advantage.

Second, I am not afraid of a challenge. I spent the last two years launching critical new products for Buick – I know how important it is to keep auto brands fresh and moving forward with quality, innovative products. I look forward to doing my absolute best to make Saab as successful as I can.

I also spent three years in Zurich, from 1997-2000, as the Executive Director for General Motors Europe Marketing Services. So I am familiar with GM’s European brands, and I have to say – while I was over there, Saab struck me as the GM European brand with the clearest vision and purpose

Finally, I am a true car enthusiast, and, more importantly, I love Saabs. I grew up in New England, where there are a lot of Saabs on the road, and I have appreciated the passion among Saab owners ever since. I also have a tremendous appreciation for Saab’s heritage as a premium brand, and I am committed to ensuring that Saab retains that position.

This is really a great time to arrive at Saab. It’s Saab’s 60th anniversary as a car manufacturer. And even more exciting, for the first time in its 25 year history, the Saab Owners Convention is taking place right here in Detroit in August. I look forward to meeting many Saab owners and enthusiasts at the convention.

And I am very, very optimistic about the future of Saab. There are exciting new products in the pipeline, and I am thrilled to be in the cockpit as this great brand achieves even higher altitudes.

I understand that I need to prove myself, and that it may take a while. Please be patient with me as I learn the ropes around here. But I am confident that if you give me a chance, you’ll like what you see.

Posted by Frank at 7:53 AM

Porsche has top cachet in luxury segment

America’s highest earners rapturous about Stuttgart-based sports-car manufacturer

Stuttgart -- Dr. Ing. h.c. F. Porsche AG, of Stuttgart, Germany, has been given a very special distinction in its most important sales market, the USA. For the third year running, the Luxury Institute in New York has declared Porsche the most prestigious premium brand.

In its survey, the independent market-research institute questioned over 1,600 high earners with an average annual income of 313,000 US dollars and assets of around 3.3 million US dollars. Porsche automobiles were said, above all, to be powerful, highly sophisticated, very exclusive, and elegant. The sports cars from Zuffenhausen and the sporty all-terrain Cayenne have once again put their global competition in its place.

“Customer perception is everything in the luxury auto segment. This distinction demonstrates that the Porsche brand is again delivering very successfully in a highly competitive automobile market. With our products, we have lived up to customer expectations in every way,” says Peter Schwarzenbauer, President and CEO of Porsche Cars North America.

Posted by Frank at 7:35 AM

Bob Lutz: Let Me Tell You a Few Things…

By Bob Lutz
GM Vice Chairman

First of all… let me lay one rumor running rampant through the blogosphere to rest: I have no plans to retire… not June 1, nor any other time soon. This was clearly an Internet prank gone hopelessly awry — and not a very clever one either.

Second, let me say one thing about all the posts some of you have left asking about the Park Avenue or one or more of the Chevy Triplets coming to America. You know better than to think we can respond to that, don’t you? We don’t like to use standard-issue corporate-speak here, but if we have to, here goes: We don’t discuss our future product plans.

There. Sorry I had to do that. But rest assured, we appreciate the enthusiasm and exuberance these vehicles inspired among so many of you, and if and when the time comes when we have an announcement to make about any of them, you’ll be among the first to know.

Posted by Frank at 7:34 AM

Dodge Enters China With Bold Statement

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* Dodge brand officially enters Chinese market with first products revealed at Auto Shanghai 2007

* The best-selling Dodge Caravan will be locally produced in China for the Chinese market

* Dodge Caliber will be the first imported Dodge vehicle available to customers in China

* Portfolio of Dodge vehicles underlines the breadth and potential of the brand

Shanghai, Apr 20, 2007 -- Dodge officially enters China with a bold and powerful statement at Auto Shanghai 2007 as it premieres the first two products for the brand: the locally produced Dodge Caravan and imported Dodge Caliber.

These two Dodge vehicles, in addition to the other Dodge products on display at the Shanghai show, clearly underline the scope and potential of the Dodge brand.

Each of these vehicles delivers the four key attributes of the Dodge brand: bold, powerful, capable and street smart ... and together they stress the exciting present and future of the brand as it continues to expand into the global automotive market.

“We have a clear and assertive brand identity for Dodge,” said Thomas Hausch, Executive Director – International Sales and Marketing, Chrysler Group. “We established a strong and distinct character for our new Dodge products and now expand the brand into China, one of the most promising automotive markets in the world. As we begin to define the brand through its products at Auto Shanghai 2007, we can clearly illustrate the breadth, potential and excitement that the brand offers.”

Dodge Caravan
The new Dodge Caravan precisely interprets the mission of Chrysler Group to make the best-selling minivan in the marketplace the best looking, while staying true to the minivan formula of a right-size vehicle designed from the inside out.

The 1984 introduction of the modern minivan by the Chrysler Group changed the way people thought about family and business transportation. Designed with a formula that has proven to be successful for 23 years, the new Dodge Caravan for the Chinese market continues to embrace the original minivan formula with modern enhancements.

The Dodge Caravan stays true to the original design theme, striving for more comfort and convenience. With easy entry and exit; chair-height seating; a low, flat floor; flexible seating options with the Stow ‘n Go™ seating and storage system; and multiple safety and convenience features, the Dodge Caravan has matured into a pleasant, comfortable and useful vehicle.

The Dodge Caravan is instantly recognizable as a Dodge by its bold styling and distinctive crosshair grille that has become the “face” of Dodge.

The Caravan is the first Dodge vehicle to be built in China, and will be produced at Southeast Motor (SEM), a Chinese auto manufacturer based in Fuzhou, in the Fujian province of southeast China, under a license agreement reached between Chrysler Group and SEM. The Caravan will begin sales in China toward the end of 2007.

“The decision to build the Dodge Caravan in China for the local market is key to being competitive in a country where significant growth opportunities are anticipated for years to come. Our leadership is committed to the expansion of the Dodge brand outside North America, and partnerships such as this one will help us to ensure the brand’s success,” said Hausch.

Dodge Caliber
With its successful entry into markets around the world, and securing its place as the top-selling Chrysler Group product outside North America this year, the Dodge Caliber now arrives to China. Caliber is a new slant on the C-segment, combining bold styling with high value and utility. The Caliber will appeal to customers who want Dodge attitude packaged with the capability and versatility of a sport-utility type vehicle, plus high fuel efficiency.

Dodge Caliber is a five-door vehicle that combines a sporty coupe-like profile with the strength, stance and functionality of an SUV. Caliber’s sheer surface treatment commands attention and evokes attributes that define the Dodge brand: bold, powerful, capable and street smart. Smart engine options, innovative features and high levels of safety and security round out the appealing package.

The new Dodge Caliber will be available for customers in China starting in the first quarter of 2008.

Dodge Viper SRT10 and Dodge Avenger
Dodge Viper SRT10 is the ultimate American sports car and the icon of the brand. It offers unbelievable power with stunning performance from its 8.3-liter V-10 engine and instantly recognizable looks.

The Dodge Avenger is an all-new, four-door, mid-size segment sedan that combines bold, aggressive Dodge styling with power and performance, fuel efficiency, innovative interior features and high levels of safety and reliability.

Both of these vehicles on display at Auto Shanghai 2007 are further tangible proof of the progress of the Chrysler Group product offensive and the great potential for the Dodge brand in China and other international markets.

Dodge Brand
With a U.S. market share of 6 percent, Dodge is the Chrysler Group’s best-selling brand and the fifth-largest nameplate in the U.S. automotive market. The Dodge brand has been producing vehicles for over 90 years.

In 2006, Dodge sold more than 1.3 million (1,345,517) vehicles in the global market. The Dodge global portfolio includes a range of cars, trucks, minivans and sport-utility vehicles.

“The expansion of the Dodge brand into our key volume markets outside North America allows us to increase volume while leveraging our established dealer network and distribution structure,” said Hausch. “Dodge also appeals to a different type of customer than Chrysler and Jeep®, and its global expansion will contribute to our sustainable, profitable growth.”

With continued strong sales, Dodge leads the Chrysler Group’s brands in growth outside North America and could account for approximately 30 percent of Chrysler Group’s sales outside North America by the end of 2009.

Additional information and news on the Dodge brand and its vehicles are available on the Internet at http://www.discoverdodge.com.cn.

Posted by Frank at 7:32 AM

"Chrysler Presents the Divas of Gospel" Tour, April 26-June 3

Yolanda Adams and Mary Mary to Headline

Auburn Hills, Mich. -- Grammy Award-winning gospel music recording artists Yolanda Adams and Mary Mary will headline “Chrysler Presents the Divas of Gospel," an eight-city nationwide tour affiliated with African-American churches, April 26-June 3. At selected venues along the tour, other gospel greats, such as Tye Tribbett, G.A. and Dottie Peoples will perform.

"This tour features some of America's most outstanding gospel music performers, which will make this an unforgettable experience for gospel music fans across the country," said David Rooney, Director – Chrysler Marketing and Global Communications. "For Chrysler, this tour is a unique opportunity to showcase our Chrysler vehicles to a very influential and important audience." Chrysler vehicles will be on display outside the concert venues the night of each performance.

During the tour Chrysler is offering the chance to win a two-year lease on a 2007 Chrysler Aspen. Individuals can sign up for the drawing at one of the concert stops or by registering at www.divasofgospel.com. A winner will be selected at the end of the tour.

Performances will take place in non-church venues, with the exception of the May 26 concert in Lakeland, Fla. Following is the Chrysler Presents the Divas of Gospel tour schedule:

April 26, Temple Buel Theater, Denver, Colo.

April 28, Wolstein Center at Cleveland State University, Cleveland, Ohio

May 5, Berkeley Community Theater, Berkeley, Calif.

May 11, Boutwell Auditorium, Birmingham, Ala.

May 20, Landmark Theater, Richmond, Va.

May 26, Without Walls International Church, Lakeland, Fla.

June 2, Kimmel Theatre, Philadelphia, Pa.

June 3, Fox Theatre, St. Louis, Mo.

Tickets are available through the venues' box office or through Ticketmaster. More information is available at www.divasofgospel.com.

Posted by Frank at 7:26 AM

DaimlerChrysler Shows Broad Portfolio At Auto Shanghai 2007

* DaimlerChrysler displays almost 50 vehicles

* Dodge has arrived in China – Dodge Caliber, locally-produced Dodge Caravan minivan

* Mercedes shows S350; AMG and SUV lineup

* New Mercedes-Benz E-Class, produced at BBDC

Shanghai, Apr 20, 2007 -- DaimlerChrysler will show almost 50 vehicles this year at Auto Shanghai, including vehicles from Mercedes Car Group, Chrysler Group and Truck Group, in addition to its history as a safety pioneer, roadmap to sustainable mobility and new vehicle financing products in China.

The Chrysler Group is formally introducing Dodge in China, showing two new vehicles for local production – the new Chrysler Sebring and Dodge Caravan minivan – and, for the first time in Asia, unveiling the Jeep® Compass Rallye. Mercedes Car Group, celebrating 100 years of 4MATIC all-wheel drive this year, is unveiling the new S350, its AMG lineup, the “fantastic four” SUV lineup and the new E-Class vehicles produced at BeijingBenz DaimlerChrysler (BBDC) joint venture in Beijing.

The Truck Group is showing Mercedes-Benz Actros and Axor heavy duty trucks for various logistics and construction applications.

“From the two-seat Mercedes-Benz SLK convertible roadster and GL55 AMG off-road powerhouse, to the largest Mercedes-Benz Actros heavy duty truck; and from the locally produced Chrysler Sebring and all-new Jeep Grand Cherokee, to the 500 hp Dodge Viper - DaimlerChrysler’s display is emblematic of the breadth and depth of its strong brands, and its intention to sell and produce vehicles in China in almost every segment,” said Ulrich Walker, Chairman and CEO of DaimlerChrysler Northeast Asia. “All of our divisions and regional partners have a presence at Auto Shanghai, which is symbolic of our continued growth and expansion in this dynamic market.”

Chrysler Group

The Chrysler Group will show 24 vehicles at Auto Shanghai, representing all of its brands – Chrysler, Jeep® and Dodge. The Chrysler Group is embarking on an unprecedented product offensive and has very ambitious plans to increase sales and production in the region.

The Chrysler Group is showing two new vehicles which will be produced in China this year – The new Chrysler Sebring mid-size sedan, which will be produced at the BBDC JV; and the Dodge Caravan minivan, which will be produced at Southeast motors, via a licensing agreement, in Fuzhou.

The new Chrysler Sebring Sedan combines eye-catching design with interior refinement, customer-focused technology and safety features, brisk performance and fuel efficiency. Together with the Chrysler 300C, PT Cruiser and Grand Voyager, the Sebring continues to expand the Chrysler brand’s presence in China.

The Dodge brand has arrived in China! The Dodge Caravan, the best selling minivan in the world, is the first Dodge vehicle to be produced and sold in China. It joins the Dodge Caliber, which goes on sale in 2008 in China. Dodge is also showing its icon – the 500+ hp Viper Roadster, along with the Avenger, high performance Caliber SRT4 and special edition Caliber SEMA Concept.

Jeep® will unveil the Compass Rallye for the first time in Asia. Starting today, the new Jeep Grand Cherokee and Jeep Commander go on sale in China. The Jeep Compass will go on sale in the second half of the year, and the venerable Jeep Wrangler and Jeep Wrangler Unlimited will come to China in 2008.

Mercedes Car Group

Mercedes Car Group will display 20 new models on the stand, including the new S350, which has a new rear seat entertainment system customized for China. The S350 joins the S300 (developed exclusively for China), S600 and SL500 as part of the lineup of Mercedes-Benz’s flagship sedans. China has one of the highest sales of S-Class vehicles in the world. For the first quarter of 2007, Mercedes-Benz sold 3,000 S-Class sedans, which accounted for almost half of the Mercedes-Benz vehicles sold in China.

Following the increasing demand for luxury in China, the ultra-luxurious Maybach 62S has a special VIP area in the MCG stand.

Mercedes-Benz celebrates 100 years of 4MATIC, all-wheel drive technology this year. In 1907 the Company created the world’s first all-wheel drive vehicle. As of 2007, Mercedes-Benz has implemented 4th generation 4MATIC all-wheel drive technology in forty-eight models across seven series including the S-Class, E-Class and the SUV family, far more than any other luxury car maker in the world. Two weeks ago, Mercedes-Benz officially launched some of its fastest sedans in the world’s fastest growing market; the legendary AMG high-performance vehicles are now available China - S65 AMG, E63 AMG, G55 AMG and ML63 AMG. Renowned for their high-performance, specially tuned engines, and unique interior and exterior appointments, AMG vehicles represent the best attributes of Mercedes-Benz, taken to the next level.

“With the rapid growth of affluence in China and increasing desire for individuality and personal expressiveness, we are bringing the most dynamic Mercedes-Benz vehicles to the most dynamic market in the world,” added Walker. “Chinese consumers are increasingly differentiating themselves through high-end fashion, design, travel and lifestyle choices. Automobile enthusiasts have long considered their vehicles as extensions of themselves. AMG offers a new level of automotive aspiration and expression for the growing number of passionate car enthusiasts in China.”

Mercedes-Benz is also showing the new E-Class sedans, built at the BBDC joint venture (E 200; E280 and E350). Production of the new E-Class continues ramping up at the plant from when it began last November. A history journey from Paris to Beijing over 28 days heralded the launch of the new E-Class in China last year.

Mercedes-Benz will demonstrate why it is the number one in luxury SUV’s in China with its “Fantastic Four” lineup: The full-size R-Class SUV, the award-winning full-size GL-Class, the high-performance mid-size ML-Class, and the 28-year-old classic, the G-Class, a truly professional off-road warrior.

Mercedes-Benz will also show its transporters – the Viano and Marco Polo Viano Multi Purpose Vehicles. Mercedes-Benz transporters set new benchmarks for family or business transportation needs, providing best-in-class comfort, space and reliability.

Truck Group

DaimlerChrysler’s Truck Group will show four heavy-duty trucks in its outdoor display. Three versions of the Mercedes-Benz Actros will be shown, the Actros Tractor, Actros Wrecker and Actros Pump. These trucks, which are renowned for their reliability, safety, quality and technical innovations, show various adaptations which serve the fast-growing construction, logistics and concrete industries in China.

Mercedes-Benz will also show its Axor Heavy Duty Tractor, a more economical solution for construction and utility usage.

Mercedes-Benz Truck continues to expand sales in China due to its best in class reliability, quality and safety. Mercedes-Benz Trucks are the leaders in their segments in China (Imported vehicles from Western Europe), with 44% market share.

DaimlerChrysler Auto Finance is staring a new promotion at Auto Shanghai – finance a Mercedes-Benz E280 for 280 RMB per day.

DaimlerChrysler is expanding sales and production of passenger cars and commercial vehicles in Northeast Asia. DaimlerChrysler's joint venture BBDC has been ramping up production of the Mercedes-Benz E-Class and Chrysler 300C. DaimlerChrysler imports passenger cars and commercial vehicles to Northeast Asia under the Mercedes-Benz, Maybach, smart, Chrysler, Dodge, Jeep®, Freightliner and Fuso brands.

Posted by Frank at 7:25 AM

Chinese market to get locally-produced Mazda2

HIROSHIMA, Japan—Mazda Motor (China) Co. Ltd., Mazda Motor Corporation’s management affiliate for the Chinese market, has announced that Changan Ford Mazda Automobile Co., Ltd. (CFMA) will produce the all-new Mazda2 at its plant in Nanjing, China. The announcement was made at a pre-show media event Mazda held on April 19, 2007, in advance of the Shanghai International Motor Show. The Nanjing plant is a joint venture with Mazda’s partners in China, the Ford Motor Company and the Changan Automobile Group.

The all-new Mazda2 is the first of Mazda’s new generation of products to evolve to the next stage. Its world premiere at the Geneva International Motor Show at the beginning of March 2007 met with great acclaim. Mazda has specifically developed the Mazda2 model that will be produced at the Nanjing plant to suit the tastes of the Chinese market.

The Nanjing vehicle manufacturing plant will have an annual capacity of 160,000 units and will be based on Mazda’s production system. The plant will feature cutting-edge eco-friendliness, efficiency, and an employee-friendly working environment. Manufacturing equipment for stamping, body assembly, painting and final assembly lines has already been installed, and verification trials have begun in line with plans to commence production at the plant by the end of 2007. Adjacent to the vehicle plant, Changan Ford Mazda Engine Co., Ltd., is in the final phase of construction and will commence production soon.

Mazda’s director and senior managing executive officer in charge of China Business, Kiyoshi Ozaki, commented at the media event held April 19: “Through the construction of the Nanjing manufacturing and engine plants, Mazda and our partners will not only be able to achieve business growth, but we also expect the plants will contribute to the development of the local community and the Chinese economy.”

Mazda will maintain its pursuit of harmony between driving pleasure and environmental and safety performance, and always strive to be a brand that provides an exhilarating driving experience.

In order to achieve our mid-term target of production and sales of 300,000 units in China in 2010, we will continue to offer Zoom-Zoom products to our customers in China.

Posted by Frank at 7:23 AM

Gap Between Asian, Domestic Brands Closing

DOMESTIC AUTOMAKERS ARE CLOSING THE gap in initial quality and longer-term durability departments versus imports, but Toyota and Honda still lead GM, Ford and Chrysler.

While Ford's own quality rating puts Ford slightly below Toyota in initial quality, and well below Honda, J.D. Power & Associates' 2006 Initial Quality Survey (IQS) and Vehicle Dependability Study (VDS) rankings put Lexus and Toyota on top, with 11 out of 19 segment awards in 2006. Lexus topped every segment it competes in and sibling Toyota capturing five model-level awards. But in the VDS, the second- through fourth-place brands are Mercury, Buick and Cadillac. Toyota is number five overall.

Neal Oddes, J.D. Power's director of product research and analysis, says there is still "a pretty large gap between Asian and domestic brands, but that gap is closing," he says, explaining that in the consultancy's 2003 durability study the gap between domestics and Japanese brands was 40 problems per 100 vehicles. He says it is now at around 26 problems per 100 vehicles. He says domestics are making progress on improving quality at a quicker pace than Toyota "because it's harder to make improvements in leaps and bounds when you are already doing so well [in terms of vehicle quality and durability]," he says.

Domestics have also improved dramatically in product launches. "And that's critical to initial and sustained quality," he says.

Posted by Frank at 7:20 AM

April 19, 2007

Minimillionth

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P0036645.jpgTHE SUCCESS STORY CONTINUES: MINI MAKES A MILLION

New production and sales record expected in 2007

Oxford/Munich -- Six years after the start of series production, the one millionth MINI has rolled off the production line at Plant Oxford.

Reaching the one million mark represents another milestone in what has become a thrilling MINI success story. This year also sees a new addition to the MINI family in the form of the MINI Clubman, the third model in the MINI range and with increased production capacity and rising demand MINI is heading for a new production and sales record.

Since its launch in 2001 MINI has defined a new market segment - the premium small car with a worldwide presence and a comprehensive range of customisation options. From Chile to China, MINI is enjoying growing popularity among customers across 80 markets around the world.

Almost 80% of MINIs, which are all built to individual customer orders, are currently produced for export. While initial forecasts suggested a market for about 100,000 units per year, since 2001 actual per annum sales have totalled more than double that figure reaching a record of 200,428 units in 2005.

Over 4,700 associates produce up to 700 MINIs a day over three shifts

Developments at Plant Oxford have reflected MINI's success: in 2001 some 2,400 associates worked in single shift operations to build a maximum of 300 cars a day. Today more than 4,700 associates work 24/7 over three shifts to produce as many as 700 MINIs per day. During the same period maximum production capacity for the plant has risen from 100,000 to over 200,000 units per year, and in the medium term, annual capacity is planned to reach 240,000 units. In total BMW Group has invested some £380 million into Plant Oxford since 2000 to increase production capacity and to prepare for new MINI derivatives.

With the presentation of the second generation MINI in September 2006 the other UK plants at Hams Hall and Swindon became an integral part of MINI production. As members of the MINI Production Triangle in the UK, these plants supply engines, pressings and sub-assemblies to Plant Oxford. Together they bring the total number of MINI production associates in the UK up to around 6,800. All three plants are currently preparing for the launch of series production of the new MINI Clubman.

The millionth MINI is unique

Like all MINIs, the one millionth car was produced to customer order. In this case the 'customer' is BMW Group's heritage division, Mobile Tradition. The designers of the landmark MINI Cooper S were inspired by classic MINI features, but in spite of its numerous special options the one millionth MINI was produced in the regular series production process - a testimony to the plant's considerable flexibility.

The sporty and unique exterior design of the one millionth MINI is characterised by the colours white ('Pepper White') and green ('Almond Green'). One of the special highlights is the graphic on the roof which consists of one million little MINIs. The white and green colour theme is also reflected in the car's leather interior, the basic colour of which is black with black-and-white décor surfaces.

Posted by Frank at 2:29 PM

2007 Rodeo Drive Concours d'Elegance Celebrates 'Cars of California'

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Exclusive Automotive Company, FISKER COACHBUILD, to Be the First Honored Marque of the Annual Rodeo Drive Concours d'Elegance

BEVERLY HILLS -- The Rodeo Drive Committee announces that the 2007 "Cars of California" Rodeo Drive Concours d'Elegance (RDCDE) will be held on Father's Day Sunday, June 17 for the public from 10 a.m. - 4 p.m.

The Rodeo Drive Committee will present FISKER COACHBUILD, the first-ever Honored Marque, with the first annual Rodeo Drive Award for Automotive Excellence during the event's official ceremonies. Known among elite circles for creating one-of-a-kind, limited-edition coachbuilt cars like the TRAMONTO, FISKER has chosen the RDCDE as the world debut for its new 2007 LATIGO CS V10.

"We are honored to be the featured marque at the 2007 Rodeo Drive Concours d'Elegance. The tie-in is fantastic with the 'Cars of California' theme since FISKER design and innovation is inspired through a Southern California perspective," says Henrik Fisker, founder and chief executive officer of FISKER COACHBUILD. "As a symbol of California luxury, Rodeo Drive is the ideal location for a brand like FISKER COACHBUILD."

Paralleling the exquisite high fashion and design that lines Rodeo Drive, FISKER's new LATIGO CS V10 is the automotive world's version of haute couture. Crafted by hand and built from the body of a BMW M6 or 6 Series Coupe, the LATIGO is the ideal model of understated elegance in a luxury sports car created with smooth, sculpted lines and balanced proportions for its extraordinarily powerful horsepower and V8 or V10 engine.

The Rodeo Drive Committee has selected this year's theme to be "Cars of California," celebrating the art of California car culture and elite design, therefore every car involved will exemplify the spirit of California in some way. From convertibles to Woodies, more than one hundred private car owners are expected to exhibit at this year's event.

"This is a very exciting year for the Rodeo Drive Concours d'Elegance as we begin a new tradition with the Award for Automotive Excellence," said Jim Jahant, co-chair of the Rodeo Drive Concours d'Elegance. "We are thrilled to present the inaugural award to FISKER COACHBUILD, as they and Rodeo Drive share a reputation for unparalleled quality and luxury."

Additional sponsors for this year's Rodeo Drive Concours d'Elegance include The City of Beverly Hills, Mellon Private Wealth Management Group, Gearys Beverly Hills, The Luxe Hotel Rodeo Drive, Ferrari Maserati of Beverly Hills, Lotus Beverly Hills, Brooks Brothers and Starbucks.

About FISKER COACHBUILD -- FISKER COACHBUILD is redefining the art of Coachbuild. A distinctive FISKER design language will be the foundation for the tailor-made cars. FISKER products will be built in limited numbers providing exclusivity with only 150 for the world. The FISKER TRAMONTO, a high performance two-seat convertible, evokes emotion and has a strong individual character for which it will always be recognized. The FISKER LATIGO CS, understated sporty elegance at its best, will deliver power and performance with 650 plus horsepower. FISKER COACHBUILD is a privately owned company with the majority held by the founders Henrik Fisker (Chief Executive Officer) and Bernhard Koehler (Chief Operating Officer). Financial support was received through a group of international investors.

About Rodeo Drive -- Rodeo Drive, internationally recognized as the intersection of fashion and entertainment, is a unique destination for both Southern California residents, as well as visitors from around the globe. The City of Beverly Hills' beautification projects, the prestigious Rodeo Drive Walk of Style(R) Award and the distinguished retailers all help create an unparalleled atmosphere only found on this famed street.

Source: Rodeo Drive Concours d'Elegance

Posted by Frank at 2:25 PM

Nissan Qashqai 2.0 dCi Goes Into Production

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TRAPPES, France -- Production began this week at Nissan's factory, situated in Sunderland, north-east England, of the new Qashqai compact crossover equipped with the state-of-the-art 2.0-litre dCi engine. Equipped with this engine, the Qashqai is available in both 2WD and 4WD drivetrains.

The 2.0-litre dCi engine - engine code M1D - produces 110kW (150HP) at 4000rpm and 320Nm of torque at 2000rpm, while returning a best in class fuel consumption of 6.6 litres/100km and CO2 emissions of 174g/km when fitted with manual transmission and in 2WD configuration.

Nissan expects over 25% of all Qashqais sold to be equipped with this diesel engine making it the most popular engine choice among buyers.

Co-developed with Nissan's Alliance-partner Renault, the engine delivers fun-to-drive performance thanks to its powerful and torquey characteristics, but at the same time it's smooth, refined, and environmentally-friendly: it redefines diesel engine standards in the compact family and compact SUV segments. In addition to its Renault's equivalent, this engine offers unique technologies such as standard DPF and twin balancer shafts. Furthermore, it is available with a 6-speed manual or, unusually in this category of the market, a 6-speed automatic transmission. It is also Euro 4 compliant.

This level of performance was made possible by the latest generation of common-rail injection fuel system delivering 1600 bar of pressure. Piezoelectric technology supplied by Bosch gives fast, very precise control allowing a 'five squirt' injection cycle: two pre-squirts, one main squirt and two post-squirts. The pre-squirts improve engine acoustics by minimizing the characteristic diesel clatter. The post-squirts sustain the main injection combustion, to burn off soot and thus bring down pollutant emissions before the exhaust gases have even left the combustion chamber.

Acoustics was one of the engineering priorities for the new engine. The bottom of the engine, with its aluminium bedplate, was designed for higher efficiency and improved vibration absorption. Twin counter rotating balancer shafts cancel crankshaft rotary vibration, making a major contribution to refinement, especially at higher speed. Together with the use of pre-injection, these solutions ensure a very high level of noise and vibration reduction. This engine is equipped with chain-driven camshafts for the sake of acoustic comfort, but also to the benefit of reliability and service life.

Unique in this class of engines, the 2.0 dCi is equipped as standard with a Diesel Particulate Filter (DPF) with a periodic regeneration system. When the particulates that have been collected from the engine emissions reach a specified level, the engine runs a process called thermal regeneration performing a second post-injection to overheat the exhaust gas. Above a certain temperature, the soot in the filter oxidizes off, and the filter can continue trapping particulates. Exhaust gas recirculation (EGR) produces a controlled temperature rise in the combustion chamber to reduce pollutant emission levels (NOx) and thus enhance the engine's overall environment performance.

The consumption and emissions figures for the other transmission configurations are as follows: 6.9 l/100km and 184g/km for the M/T 4WD version and 7.8 l/100km and 208 g/km for the A/T 4WD version.

In the two months since sales began, Nissan has already taken an impressive number of orders for Qashqai across Europe. Early customer analysis shows that the majority of Qashqai's buyers opted for the 2WD version and previously drove a C-Segment car. This is in-line with Nissan's expectation that customers would recognise that it offers a true alternative to the traditional compact family car.

Customers are looking foward to receiving the first deliveries of the 2.0-litre diesel equipped Qashqai - 15% of all Qashqai orders already received are for this version.

Nissan's engineers at Nissan Technical Centre Europe, based both at Cranfield, in the UK and Barcelona, Spain, have specifically adapted the tune and engine mapping for the Qashqai as it is the first ever application of this 2.0 dCi engine on an model with all wheel drive transmission. Furthermore, this engine is offered for the first time with a 6-speed automatic tranmission.

At the end of April 700 Qashqais will roll out of Nissan's manufacturing plant in Sunderland (UK) everyday to satisfy demand for Qashqai across the world(1).

(1) Sunderland's Qashqai production is exported to Japan, Australia, South Africa, South America and Gulf Countries

Source: Nissan Europe

Posted by Frank at 2:21 PM

BMW puts rookie Formula drivers through paces

Woodcliff Lake, NJ -- 18 young drivers recently participated in the second of three official tests before the 2007 Formula BMW USA season begins on May 17 at Miller Motorsports Park in Tooele Valley, Utah.

Held on April 7th and 8th at Virginia International Raceway (VIR), in Alton, Virginia, the youngsters completed a combined 6000 miles under cool, crisp and fast conditions. With no major incidents reducing the track time the ten teams on hand could run their programs with little interruption.

At the top of the timing chart was 2006 Rookie Champion Daniel Morad (AIM Autosport). Sophomore Formula BMW USA driver Sebastian Saavedra (EuroInternational) was only .013 seconds behind and newcomer Alexander Rossi (Hearn Motorsports) rounded out the top-three.

Three Rookies were among the top-10 fastest with Jeffrey Petriello (Team KMA Racing) fourth, Esteban Gutierrez (Team Autotecnica) fifth and Eric Morrow (Hearn Motorsports) ninth. Petriello and Morrow are 2007 Junior scholarship drivers. Overall the top-13 times were within only one second promising another competitive Formula BMW USA season.

Formula BMW USA driving coach Pete Argetsinger said, "The series seems to go from strength to strength. This season looks like it will be even better than last year with strong returning drivers and some strong newcomers. I am very excited for the season to start."

Formula BMW USA Notes:
While the newest class of Formula BMW USA drivers tested at VIR, series graduates continue to shine as they climb the motorsport ladder. Robert Wickens (2006 Formula BMW USA Champion) took the overall pole and finished second in the opening round of the Champ Car Atlantic season at the Las Vegas Grand Prix…

In addition to Wickens, seven more Formula BMW USA graduates took part in the race; James Hinchcliffe (04), Matt Lee (06), Tom Sutherland (04, 05), Simona De
Silvestro (06), Frankie Muniz (06), Adrien Herberts (05, 06) and David Garza (06)…
Graham Rahal (2004 Junior) became the first Formula BMW USA graduate a full-
time Champ Car drive with his start at Las Vegas…

Ten 2007 Formula BMW USA drivers have registered for this season's Education and Coaching Program. The pre-season Fitness Camp and a Media Training seminar are scheduled for April 27 - 28 in Indianapolis, IN…

Background:
Formula BMW is the world's leading entry-level championship in Formula racing. In 2007 the series will be held in Germany, the UK, Asia and the USA. More than 80 up-and-coming drivers, some as young as 15-years old, will compete worldwide. Racing four times in support of the Formula One World Championship, Formula BMW offers a worldwide stage, training through a multifaceted Education and Coaching Program and BMW's longstanding Junior scholarship for deserving drivers.

The FB02 race car is propelled by a 140 bhp BMW engine, reaching speeds up to 140 mph. The design exceeds the FIA safety requirements for its class, with the BMW Motorsport developed FORS (Formula Rescue Race Seat), and the mandatory HANS (Head and Neck Support) safety system.

From November 24 to 26, 2006 the Circuit de la Comunitat Valenciana Ricardo Tormo hosted the second Formula BMW World Final. 37 young racing drivers from the four regional Formula BMW series competed against each other with the winner Christian Vietoris receiving a test drive with the BMW Sauber F1 Team.

Posted by Frank at 2:08 PM

Volkswagen gains award for EcoConcept Paint

AUBURN HILLS, Mich. —Volkswagen of America, Inc. was presented with the PACE Collaborator Award on Monday evening, April 16, 2007 at the 13th Annual Automotive News PACE Awards for its EcoConcept paint process partnership with DuPont Automotive Systems.

This breakthrough technology was recognized for reducing the number of paint processing steps, cost and time efficiency, as well as being more environmentally friendly.

Volkswagen began seeking new cost-efficient and more environmentally friendly painting and finishing methods in 1998. DuPont responded to the challenge with an innovative basecoat and paint process named EcoConcept. EcoConcept eliminates the need for a separate primer application by including all the primer functions in the basecoat.

Volkswagen and DuPont collaborated to perfect the EcoConcept process and tested the technology in Wolfsburg in 2003, coating approximately 800 vehicles. Working together, the new processes launched in 2005 at Volkswagen’s plant in Puebla, Mexico and soon after in Volkswagen’s Pamplona, Spain paint facility.

Posted by Frank at 2:05 PM

Toyota Motor Sales, USA Announces Top Management Changes

TORRANCE, Calif. -- Toyota Motor Sales (TMS) USA, Inc. announced top management changes for its Toyota and Lexus divisions.

The following executive assignments are effective immediately:

Bob Carter, group vice president and general manager of the Lexus Division, is appointed group vice president and general manager of the Toyota Division, filling the position held by Jim Lentz before his promotion to executive vice president of TMS in June 2006. Carter will be responsible for all sales, marketing and customer satisfaction activities for the Toyota Division and Scion. He continues to report to Don Esmond, senior vice president, automotive operations.

Since joining TMS in 1981, Carter has held numerous key positions, including general manager of Toyota's Denver region and general manager of Lexus' Eastern area. He also held the position of general manager and part owner of Hyannis Toyota in Hyannis, Mass.

Jim Farley, group vice president, marketing, is appointed group vice president and general manager, Lexus Division, replacing Carter. Farley will assume responsibility for all sales, marketing and customer satisfaction activities for the Lexus Division. Farley, whose replacement will be named in the near future, will also report to Esmond.

Farley joined TMS in 1990 in the strategic-planning department. Since then he has held numerous key management positions within product planning, marketing, and advertising, including an assignment as general manager of product management for Toyota Europe. Farley served as general manager of Lexus' Central area before joining Scion in July 2002.

At Scion, where he was responsible for the brand's launch, Farley served as corporate manager before being promoted to vice president. Prior to his promotion to group vice president of marketing for the Toyota Division, Farley was vice president of marketing for the Toyota Division.

Toyota Motor Sales (TMS), USA, Inc. is the marketing, sales, distribution and customer service arm of Toyota, Lexus and Scion vehicle brands in the United States, celebrating its 50th anniversary in America this year. Established in 1957, TMS markets products and services through a network of 1,445 Toyota, Lexus and Scion dealers. Toyota directly employs over 33,000 people in the U.S. and sold more than 2.5 million vehicles in 2006. For more information about our company, please visit http://www.toyota.com/, http://www.lexus.com/ and http://www.scion.com/.

Source: Toyota Motor Sales (TMS) USA, Inc.

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