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Detroit Electric car brand to return to U.S. after 100 years
In a joint announcement, the US electric car pioneer and China Youngman Automotive Group have said they are reviving the 100 year-old electric car brand Detroit Electric for an automotive joint venture to bring new vehicle technologies to market by 2009, and beyond that the possibility of bringing new manufacturing and green collar jobs to California.
The ZAP Alias, which is under development for the joint venture, will be one of several vehicles being planned to carry the Detroit Electric brand. ZAP is planning a presentation on Detroit Electric for North American auto dealers at NADA 2008.
Detroit Electric was an early 20th Century electric car, perhaps the most popular in history,according to ZAP. The Anderson Electric Car Company started building cars under the Detroit Electric brand over 100 years ago.
Source : http://www.autoindustry.co.uk
(2/8/2008)
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Unsponsored: Hyundai Forgoes Logo on Genesis Luxury Sedan
CHICAGO The votes have apparently all been tallied and Hyundai has decided to fit its upcoming Genesis rear-drive luxury sedan with a front grille that carries no Hyundai "H" logo.
You'll remember that the company released graphs of the new V6- or V8-powered sedan with a distinctive grille with curvy crossbars and no logo. But at the Detroit show, Hyundai showed that grille, colloquially referred to as the "seagull," and also a more conventional grille with Hyundai logo. The company was gauging media and public reaction to the two grille options.
"It's nothing against the logo," says Hyundai public relations man Dan Bedore. "It's just that the design guys couldn't really integrate the logo into the grille we went with. It was pretty much 3-to-1 in favor of the grille we chose."
Source : http://www.edmunds.com
(2/8/2008)
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Mercedes-Benz Launches 2008 SLK Collection
STUTTGART, Germany Following the launch of the face-lifted SLK roadster, Mercedes-Benz Accessories GmbH introduces a special product line mainly offered in black, red and brown hues. Products range from exclusive fashion items to practical travel accessories.
Accessories specifically designed for use with the SLK include a suit cover, which is intended to be hung on the back of the seats and holds up to three suits. The men's padded gilet (vest) is meant for warmth and is "ideal for open-top SLK drives during the cooler months."
SLK buffs will love the key rings with the laser-engraved Benz logo cast in solid zinc, not to mention the cotton polo shirts, the silk ties and the exclusive retro-style sunglasses.
Check your authorized Mercedes-Benz dealer for information on buying or just plain design advice.
Source : http://www.edmunds.com
(2/8/2008)
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Chrysler to Cut Back Models, Dealerships
DETROIT, ; Reuters reported that U.S. automaker Chrysler LLC plans to cut its product lineup by around a half and dramatically shrink its dealership network as part of plans to sell its three brands under one roof, the Wall Street Journal reported on Friday.
The plan to cut the struggling No. 3 automaker's product line of around 30 different trucks, cars and sports utility vehicles across the Chrysler, Dodge and Jeep brands to 15 or more within a few years is part of a drive to cut costs and create a leaner, more profitable company, the paper said.
Representatives of Chrysler had no comment on the Wall Street Journal report.
Chrysler is owned by private equity company Cerberus Capital Management, which bought an 80 percent stake in the company from Daimler AG (DAIGn.DE: Quote, Profile, Research) last August. Since appointing former Home Depot Inc Chief Executive Robert Nardelli to run the company, Cerberus has been expected to shake up established practices in Detroit.
The new plan is aimed at making a significant reduction in the about 3,600 dealerships that Chrysler has to a much smaller number that would sell all three brands, the Wall Street Journal reported.
The project will where possible merge dealerships, with larger dealerships possibly being offered loans by Chrysler and Cerberus to buy out smaller dealers.
In the past few years, Chrysler has sought to encourage dealers to merge with or buy out other dealerships and stores carrying all three Chrysler brands, the paper said.
Source : http://www.theautochannel.com
(2/8/2008)
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M&M to ramp up capacity at Haridwar unit
Mahindra & Mahindra (M&M) is looking at increasing its three-wheeler manufacturing capacity from 30,000 units to 100,000 units per annum at its location at Haridwar in Uttarakhand, reports Business Standard.
The capacity will be ramped up within a few months. The company has also plans to roll out CNG-based three-wheelers for the Delhi market. It unveiled the Alfa Passenger, a diesel three-wheeler, today for the Punjab market.
Presently, the company`s manufacturing facility in Haridwar is spread over 55 acres. The three-wheeler three-seater (passenger) industry grew 2% in 2007-08 over the previous financial year.
The company registered a 67.63% rise in net profit to Rs 4,051.53 million for the quarter ended December 2007, as compared with Rs 2,416.90 million for the same quarter, a year ago.
Source : myiris.com
(2/8/2008)
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M&M`s Ingenio delayed
M&M`s multi-utility vehicle (MUV) Ingenio, touted to be the most ambitious project after Scorpio, has been delayed by a few months, reports Economic Times.
Ingenio was earlier scheduled to be unveiled at the Auto Expo in January but will hit the market later this year as M&M is re-working its interiors, features and safety features.
The MUV Ingenio will initially have a diesel engine, which will be followed by a petrol engine and may also come with a 6 speed automatic transmission, which M&M is currently developing for the North American market.
Source : myiris.com
(2/8/2008)
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Medialink and General Motors: Move Over SUV & Minivan, There's a New Kid...
NEW YORK, -- First there were sedans, then came minivans, and shortly thereafter SUVs became the choice of mom, dad and the kids. Now vehicles merging the best of cars, vans and SUVs known as "Crossovers" are fast becoming the people-hauler of choice for families.
(See video from General Motors at: http://link.brightcove.com/services/link/bcpid1406608124/bclid1410385385/bctid 1410389861 (Due to length of URL, please copy and paste the link into your Internet browser)
But picking out a new car these days can be tough. Many Americans want better gas mileage, but don't want to give up the room of the bigger vehicles they've grown accustomed to. Since Crossovers are car-based rather than truck-based, the ride and fuel economy are better then traditionally larger vehicles. Better design and technology has given some the aerodynamics of a sports car, while still, unbelievably, having room for eight.
The Chevrolet Traverse, unveiled at the Chicago Auto show, is the latest example of a 'do-just-about-anything' Crossover. Designed by a mother of four, the Traverse has family-friendly features with an emphasis on space and security -- able to tote around one's entire family, as well as groceries, bikes, and equipment in one trip.
Introduced at the Chicago Auto Show, the 2009 Chevrolet Traverse is an expressively styled, well-equipped crossover that gives customers people- hauling and cargo-carrying capability typically found in larger SUVs.
With styling cues inspired by the acclaimed '08 Chevy Malibu, the Traverse delivers refined details with strong proportions and the bold front-end appearance found on all new Chevrolets. Traverse will start production in the third quarter of 2008 at GM's Spring Hill, Tenn. manufacturing facility.
"We think the Traverse is the right vehicle at the right time," said Ed Peper, Chevrolet general manager. "It has great looks, utility and safety, with a driving experience typically found in smaller vehicles. But it delivers this with three rows of seating -- including a third row that fits adults - and class-leading cargo space. The Traverse is following the formula that is bringing Chevy back to a new generation of consumers - great styling, loads of class-leading features and tremendous value."
Source : http://www.automotive.com
(2/8/2008)
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BREAKING NEWS FROM CHRYSLER: Project Genesis Initiative
SAN FRANCISCO -: Today Chrysler Vice Chairman and President Jim Press and his executive team completed an eight city New Dayroad show, reaching approximately 3,000 of its dealer partners to discuss the companys 2008 strategy and express their commitment to Product, Dealers and Customers; Driving Dealer Profitability; and Building Franchise Value.
During the meetings the company introduced a new corporate initiative, Project Genesis, intended to align the needs and wants of the customer with its product portfolio and the dealer network. With the overall goal of taking care of the customer, Chrysler LLC plans to align Chrysler, Jeep and Dodge product offerings in one facility. The company did not provide a timeline for the initiative.
Chrysler Vice Chairman & President Jim Press
We started a dialogue with our National Dealer Council and continued the process by listening carefully to what our dealer partners had to say,Jim Press said. Here at the National Automotive Dealer Association Conference (NADA) we have the opportunity to hear from more of our dealers. The results of all of this exchange will be factored in to our long range plan. At this point, we have not made any final decisions regarding our dealer optimization or future product plans, nor has the company set any firm timelines. Our dealers are and will continue to be an integral part of this process moving forward.
As Project Genesis evolves, the company will work with its dealers on a menu of options to create customer-driven alternatives that align the dealer network with the product portfolio.
In the end, we will have a more viable dealer body focused on the customer,said Press. When that happens, the customer, dealer and company wins. That builds commitment, drives profitability and builds franchise value.
Source : http://www.theautochannel.com
(2/8/2008)
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North American International Auto Show Reveals 2009 Dates and Reviews NAIAS 2008
DETROIT, -- The North American International Auto Show (NAIAS) announced today that the 2009 show will take place Jan. 11 - 25, 2009 at Cobo Center in Detroit. Press Preview will be held Sunday, Jan. 11 through Tuesday, Jan. 13. Industry Preview will be held Wednesday, Jan. 14 and Thursday, Jan. 15. The annual black-tie Charity Preview gala will be held Friday evening, Jan. 16. Public Days will be held Saturday, Jan. 17 through Sunday, Jan. 25.
In review of NAIAS 2008, organizers reported that of the 58 total vehicles unveiled, 44 were worldwide debuts and 14 were North American debuts. The NAIAS also welcomed more than 700,000 attendees, 6,000 international media from nearly 60 countries along with a host of celebrities and 37,000 industry insiders from 2,000 companies. In addition, $6 million was raised for children's charities at the annual black-tie Charity Preview.
"The NAIAS Committee is proud to host this world-class event each year for the thousands of media, industry insiders and enthusiasts," said Carl Galeana, senior co-chairman for the NAIAS 2008. "By evolving each year to incorporate more special events, celebrity appearances and amenities, the NAIAS will continue to attract top media, industry executives and production and concept vehicle debuts."
"Serving as senior co-chairman has been an honor and privilege," continued Galeana. "It has been an amazing experience to lead the NAIAS Committee through a successful year of incredible events. It is with great pride that I pass the Senior Co-chairman title to my colleague Joe Serra. He and Co-chairman Doug Fox will make a great team as leaders for the 2009 NAIAS."
The NAIAS 2008 was featured in two national broadcast specials. CNBC aired a one-hour special, "CNBC Special Event: Detroit Auto Show All Access," on Jan. 14 from 9 to 10 p.m. EST, and NBC Sports broadcasted a one-hour program titled, "International Auto Show" on Sunday, Jan. 20 from 3 to 4 p.m. EST.
The excitement surrounding the NAIAS was heightened by the presence of several celebrity and political guests. Notable political guests included Presidential Candidates Mike Huckabee, John McCain and Mitt Romney; U.S. Senator Joe Lieberman; Michigan Governor Jennifer Granholm and Michigan Attorney General Mike Cox.
Other entertainers included singers Bryan Adams, Mary J. Blige and Toby Keith; celebrity chef Wolfgang Puck; Monster Garage host Jesse James; IndyCar Series driver and "Dancing with the Stars" champion Helio Castroneves; NBA All-stars George "Iceman" Gervin, Willis Reed, Bill Walton, Spud Webb and Dominique Wilkins; Katie Feenstra from the WNBA's Detroit Shock; Richard "Rip" Hamilton from the NBA's Detroit Pistons; actors Kim Catrall, Giancarlo Esposito, Rosie Perez, Drew Sidora and Lisa Vidal; heavyweight boxer Evander Holyfield, hip-hop legend Funk Master Flex; media moguls Damon Dash and Russell Simmons; The Tonight Show with Jay Leno's Ross "the Intern" Matthews; among several others.
For the first time ever, the NAIAS 2008 welcomed guests to an exclusive, invitation-only intimate evening with international, luxury carmakers titled "The Gallery," sponsored by Celani Vineyards, LeMay Museum, Michelin, Northwest Airlines, Conde Nast Portfolio Magazine, RBS/Charter One, Sprint, Tiffany & Co., the Detroit Regional Chamber, Wired Magazine, and the Young Presidents' Organization.
Also for the first time, the annual Charity Preview black-tie gala, held on Friday, Jan. 18, included an hour and 15 minute performance of the rock- band, Barenaked Ladies, presented by Sprint. The sold-out fundraiser hosted 15,000 guests and raised more than $6 million for 12 children's charities.
Other lead sponsors of the evening included RBS/Charter One and Northwest Airlines.
Signature events, Automotive Education Day on Jan. 23, presented by State Farm Insurance, and NAIAS Racing Day on Jan. 25, presented by Sprint, were also noted for their success according to NAIAS organizers.
6,000 secondary education students attended Automotive Education Day at the NAIAS. The event featured attractions by exhibitor participants American Red Cross SE Michigan Chapter, BMW, Chrysler, General Motors, DENSO, Ferris State University, Macomb Community College, Michigan Secretary of State, Northwood University, SAE International's A World in Motion (AWIM) program, Southeast Michigan Council of Governments (SEMCOG), State Farm Insurance and Walsh College.
In its third year, NAIAS Racing Day drew more than 68,000 visitors to the NAIAS for autograph signings with drivers from notable racing organizations. Drivers that appeared included NASCAR Sprint Cup Series drivers Greg Biffle, and Sam Hornish Jr., IndyCar Series drivers Marco Andretti and Tony Kanaan, American Le Mans Series driver Bryan Herta, and Stock Car World Speed Record Holder Russ Wicks.
Source : http://www.automotive.com
(2/8/2008)
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Fiat launches new Euro 5 1.6 diesel engine
Fiats new 1.6 MultiJet 16v unit, announced just last week, makes the Bravo which will feature it the first car in its category to be fitted with a Euro 5-compliant engine, well ahead of the 2009 deadline.
The new Bravo 1.6 MultiJet is available with a special eco-package in 105 bhp form. In addition to revised engine ECU settings, this Eco pack employs special measures to optimise aerodynamics, and incorporates low rolling resistance tyres and taller gear ratios to return some outstanding fuel consumption and CO2 figures: 62.7 mpg in the combined cycle (an increase of some 5 mpg on the standard 105 bhp 1.6 MultiJet) and CO2 emissions of 119 g/km.
This latter figure will assist in Fiat Groups pledge to be the leading manufacturer in terms of weighted average CO2 levels.
Last year, Fiat Group CEO Sergio Marchionne told the international media that: regardless of what other car makers will do, our Group is committed, by 2012, to reaching the lowest weighted average CO2 emission level for the cars it produces, with respect to competitors.
Fiat is currently among the top performers in Europe for having the lowest average CO2 emissions, posting 144 g/km, according to figures published by the European Federation for Transport and Environment (T&E).
Source : http://www.autoindustry.co.uk
(2/8/2008)
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Production XC60 imminent
Concept XC60 at Detroit 2007
The concept was seen at Detroit 2007, but the Geneva Motor Show will premiere the production Volvo XC60 next month.
The rush is on to downsize SUVs it seems, and the little brother to the XC90 will pitch Volvo against strong competition from Audi's forthcoming Q5 and the BMW X3.
The well-received XC60 crossover concept integrates both the muscular XC-versatility and the sporty charisma of a coupe and takes Volvo into a new segment.
The first official pictures of the car will be released on Wednesday 20 February.
The Volvo press conference at the Geneva Motor Show takes place on Tuesday 4th March.
Source : http://www.newcarnet.co.uk
(2/8/2008)
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Chrysler Appropriates the Genesis Name
SAN FRANCISCO Chrysler released a cryptic public announcement on Friday, timed to coincide with the annual National Auto Dealers Association convention, that it is launching Project Genesis, which the company maintains is "intended to align the needs and wants of the customer with the product portfolio and the dealer network."
Reading between the lines, we'd interpret this to mean Chrysler plans to cut more products and shrink its dealer body, as fewer customers walk into the company's showrooms.
Jim Press, Chrysler's vice chairman and president, added: "At this point, we have not made any final decisions regarding our dealer optimization or future product plans, nor has the company set any firm timelines." He added that the Genesis project is intended to "drive profitability and build franchise value."
As part of the ongoing dealer consolidation effort, Chrysler said it intends to see more facilities with all three corporate brands Chrysler, Dodge and Jeep under a single roof.
In an interview with industry publication Automotive News, Press said Chrysler is looking to trim duplicate products from its portfolio but also plans to add products in niches and segments that it does not currently cover.
Source : http://www.edmunds.com
(2/8/2008)
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Chrysler LLC Certified Pre-Owned Vehicle (CPOV) Program Starts 2008 Posting Sales Record
AUBURN HILLS, Mich.,-- Chrysler LLC today reported that its Chrysler, Jeep(R) and Dodge dealers sold a new monthly sales record of 9,783 Certified Pre-Owned Vehicles (CPOV) in January 2008, a 7 percent increase from 2007 sales of 9,106 units.
For the month, Chrysler brand sales rose 6 percent to 3,116 units, while the Jeep and Dodge brand each rose 8 percent to 2,435 units and 4,232 units, respectively. Vehicles starting 2008 with sales gains include the Chrysler PT Cruiser up 24 percent; the Jeep Wrangler up 22 percent and the Dodge Ram pickup truck up 13 percent.
"We are happy to start the year on such a positive note," Peter Grady -- Director, Remarketing and Fleet Operations, said. "And with Chrysler's recent announcement to expand CPOV program eligibility to all qualifying Chrysler, Jeep and Dodge dealers in the United States, we look for the program to grow and sales to continue in this direction."
Marketed as "Brand Spankin' Used(R)," Chrysler Certified Pre-Owned Vehicles are sold only through Chrysler, Jeep and Dodge dealerships that have had a comprehensive validation of the dealership's facilities, operational processes, salesperson and technician training accreditation before they are authorized to sell Chrysler Certified Pre-Owned Vehicles.
For a vehicle to be certified under Chrysler's used-vehicle program, it must be a 2003 through 2008 model pre-owned vehicle with less than 65,000 miles and pass a stringent 125-point mechanical, safety and condition standard inspection. Chrysler Certified Pre-Owned Vehicles are backed by an eight- year/80,000-mile powertrain limited warranty, 24-hour, 365-day full roadside assistance with a $35 per day rental car allowance and a three-month or 3,000- mile Maximum Care warranty that is added to any remaining 3-year/36,000-mile comprehensive new vehicle warranty.
In addition, Chrysler Financial consistently offers special financing programs for qualified CPOV buyers, and along with the Carfax vehicle history report, a Carfax limited buyback guarantee is offered as part of its certified pre-owned vehicle program partnership with the automaker.
Source : http://www.theautochannel.com
(2/8/2008)
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Knight Rider returns to TV
"What's happened to my body, Michael...?"
Fans of cheesy 80s television must be salivating, as Michael Knight returns to the small screen.
Initially on screen in the U.S, a two-hour movie pilot featuring Knight and his talking car, K.I.T.T, will air first.
Bringing such a retro show up-to-date wasn't going to be easy - K.I.T.T. now stands for Knight Industries THREE Thousand (instead of two), for example.
The talking car was arguably the star of the original show, although lead man David Hasselhoff did find himself catapulted into the big time.
Instead of a Pontiac Firebird, Knight now drives a souped-up Ford Mustang GT with the trademark red light scanner up front.
William Daniels, the previous voice of K.I.T.T. looks set to be replaced by Hollywood star Val Kilmer, of all people.
U.S. soap opera star Justin Bruening will be playing the lead role, which the script describes as Michael Knight's son.
Expect implausible plots and cheesy action galore then when the show finally airs over here.
Source : http://www.newcarnet.co.uk
(2/8/2008)
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Germany remains top source of China's sedan imports
BEIJING, -- China imported 139,900 sedans in 2007, up 25.13 percent over the previous year, with the largest share of 46 percent, or 63,800 units, coming from Germany, China Customs figures revealed.
The sedan imports worth 5.01 billion U.S. dollars, up 25.41 percent from the previous year, took up 45 percent of China's total automobile imports which has slightly overshot the previous year's total to stand around 310,889 units.
China Trading Center for Automobile Import predicted late January that tariff reduction since July 1 had given a stimulus to China's consumption of overseas made automobiles, which could reach 300,000 in 2007.
China customs figures showed about 79 percent of the imports were vehicles with an engine size of or larger than 2.5 liters.
Japan exported 29,700 sedans to China, the second largest total, while the United States ranked third with 18,000 units.
China's sedan exports, by contrast, more than doubled year-on-year to 188,600 units in 2007.
Chery, the flag-bearer of Chinese brands, saw a 132-percent surge in exports in 2007, to 119,800 units. The carmaker, which has accelerated its expansion overseas in recent years, expected to export 180,000 units this year.
Chang'an Automotive Group, China's fourth largest automaker, sold more than 40,000 cars overseas last year, against 21,700 in 2006.
China, the world's third largest vehicle producer, after Japan and United States, found its auto output grow 22.9 percent to 9.04million units last year, according to figures with the National Development and Reform Commission (NDRC), the country's top economic planner.
The NDRC deputy economic performance department director Zhu Hongren said, since quantity was not a problem anymore, auto producers should increase their focus on quality.
In 2006, China overtook Japan to become the world's second largest car market next only to the United States, with sales of 7.2 million units, up 25.13 percent year-on-year.
Compared with their international counterparts, China's automakers are still small in terms of production scale and behind in technology. In addition, the country's auto boom has created growing problems, such as increasing traffic jams and pollution.
Source : http://news.xinhuanet.com
(2/9/2008)
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2008 Geneva Auto Show: Nissan GT-R Making European Debut
GENEVA Nissan has announced it will premiere its GT-R supercar at the 2008 Geneva Auto Show next month, marking the first time Europeans will see the performance flagship since its debut at the 2007 Tokyo Auto Show last fall. The car goes on sale in Europe a year from now.
Also making European debuts are the all-new Murano, which will go on sale there in October, and the zero-emissions Pivo 2 concept.
The Nissan GT-R has already reached pre-order status in the U.S. ahead of a June date for the first deliveries to customers. With its 480-horsepower 3.8-liter biturbo V6 engine, Nissan says, the GT-R recently made a lap of the Nordschleife at the Nürburgring circuit in Germany in 7 minutes, 38 seconds.
Pricing and other details for European customers will be announced at the Geneva show, Nissan says.
Source : http://www.edmunds.com
(2/9/2008)
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Strong January Jump Starts Chrysler LLC International Sales in 2008
AUBURN HILLS, Michigan,
-- January sales increased 12 percent over the same month last year
-- Second-best January in Chrysler International history
-- Unprecedented 32 consecutive months of year-over-year sales growth
-- Jeep(R) brand sales grew 11 percent and Dodge sales jumped 39 percent
-- Emerging as well as established markets fueled the continued growth
2008 started strong for Chrysler outside North America as sales grew 12 percent (16,784 units) over January 2007. It was the second-best January in the Company's history of selling vehicles in International markets. The month's sales contributed to the unprecedented run of continuous monthly sales gains, now at 32 straight months.
"Continued growth in International markets is key to Chrysler's success moving forward and we have set a high bar for ourselves, with 2007 being our most successful sales year in markets outside North America in the history of the Company," Michael Manley, Executive Vice President International Sales, Marketing and Business Development said. "In 2008 we continue to compete in the global market place by offering vehicles that set us apart from the competition with the introduction of the all-new Chrysler Grand Voyager, Jeep(R) Cherokee and Dodge Journey -- allowing us to offer customers a distinctive, high-value proposition in every segment in which we compete."
The Dodge brand will continue to expand in 2008, with the all-new Dodge Journey and the high-performance Caliber SRT4. Both will be available in the second half of the year. Beginning soon, the all-new Jeep Cherokee and Chrysler Grand Voyager will reach dealer lots, both of which offer unique features - such as Swivel 'n Go seating in the Grand Voyager, and the Sky Slider roof in the Cherokee.
Chrysler's minivans were the Company's highest volume vehicle in January (2,525 units), followed by the Dodge Caliber (1,912 units) and Chrysler 300C (1,894 units). While these vehicles led sales for the month, many new products saw significant sales increases over last year, which enabled the Company to achieve the double-digit gains.
Growth was balanced for the Company among its established and emerging markets. Italy, Chrysler's highest volume market outside North America, grew sales 16 percent (1,854 units). Emerging markets, such as Eastern Europe and China also made significant contributions to January sales. Eastern European sales grew by 59 percent, and sales in China nearly tripled those of January 2007.
Chrysler LLC sells and services vehicles in more than 125 countries around the world. Sales outside North America currently account for more than nine percent of the Company's total global sales, up from six percent in the year 2000. Vehicles available range across all three Chrysler brands, with limited availability on some trucks and SUV models. The Company's operations outside North America have been experiencing year-over-year sales increases since 2004, with a record number of vehicles sold in 2007. In 2008, Chrysler LLC will launch three all-new volume vehicles outside North America, one for each one of its brands, and will remain focused on strategic, profitable growth in markets around the world.
Source : http://www.theautochannel.com
(2/8/2008)
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TEAM REPORTS Braun on racing at Daytona International Speedway:
Braun on racing at Daytona International Speedway Weve done a lot of testing in the off-season and now its time to get down to business. Although we had an accident in testing, the guys have worked hard to make the truck just as good, if not better than it was. All the Roush Fenway teams showed they were fast at the test since we were 1-2-3 on the first day. I just really have to adjust to the aero of the truck. It is still something I have to consciously think about how the trucks around me affect the aero of my truck.
Running up front at Daytona is important, but our goal is to finish the race. I want to run all the laps, and gain all the experience I can. Its easy to lose sight of the big picture when you are fast and up front. You gotta be there at the end.
Crew Chief Mike Beam on racing at Daytona International Speedway: We should have a really good truck for Daytona. It was fast at the test, but we had to replace the right side and the front clip after the accident the first day of testing. Based on the wind tunnel data, I feel confident the truck will be every bit as good, if not better, than it was at the test. Colin is learning more about the trucks every time he takes a lap, so after the Daytona and Atlanta tests last month, I think hes ready for this challenge.
-Although Braun has not started a race on the oval at Daytona, he has competed on the road course five times in the Grand Am division. He won the Brumos 250 Grand Am Rolex Daytona Prototype Series race in July 2006 at the age of 17.
-Braun will compete for the 2008 Raybestos Rookie of the Year. Five Roush Fenway Racing drivers have previously won it (Biffle 98, Kurt Busch 00, Edwards 03, Kluever 05, Darnell 06).
Source : http://www.theautochannel.com
(2/8/2008)
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Team Reports Tony Stewart - Brave New World
Two championships. Thirty-two wins. Ten poles. One hundred and nineteen top-five finishes. One hundred and ninety-one top-10 finishes. Those are the numbers that Tony Stewart and the No. 20 Joe Gibbs Racing Team have accumulated in their nine years together in the NASCAR Sprint Cup Series.
But despite the impressive figures, the most pressing matter of the moment is readying for the 2008 Sprint Cup season. The wins, the poles and the accolades of years past dont mean much when another grueling, 36-race schedule looms ahead. For all intents and purposes, its just another series of never-ending performance reviews.
In 2008, those performance reviews will be watched in earnest. Not just because its Stewart who is the pick of many to dethrone Hendrick Motorsports and its two-time and reigning Sprint Cup champion Jimmie Johnson, but because Stewarts drive for a third Cup title will come from behind the wheel of a Toyota Camry.
Stewarts signature orange and black No. 20 Home Depot machine rumbles on just as it did when it first hit the track at Daytona International Speedway in 1999. But instead of it being a Pontiac, as it was during that rookie year in 1999 and when Stewart won his first championship in 2002, or the Chevrolet Stewart used to secure his second title in 2005, it will be a Toyota in 2008.
Joe Gibbs Racing made the manufacturer switch at the conclusion of the 2007 racing season, and in test sessions at Daytona, Las Vegas and California prior to the start of the 2008 campaign, Stewarts No. 20 Toyota, along with the Toyotas of his Joe Gibbs Racing brethren Denny Hamlin and Kyle Busch have proven fast.
But quickness in testing and quickness in actual competition are two very different matters.
For Stewart and crew chief Greg Zipadelli who together make up the longest active driver/crew chief relationship in the Sprint Cup garage they are eagerly anticipating their 10th year together. Collectively, theyve won at least two races in each of their nine years and have an average point finish of fifth.
Having won races and championships with two manufacturers in a sport where you simultaneously outrun your competition while chasing technology, Stewart and Co. seek a third title via their third manufacturer.
NASCAR 2008 is a brave new world, but Stewart and Zipadelli are up for the challenge.
Tony Stewart, driver of the No. 20 Home Depot Toyota for Joe Gibbs Racing:
Theres a lot of hoopla surrounding the 50th running of the Daytona 500. Would winning this years race make it extra special?
It would mean the same to me as it wouldve meant to win the 49th edition last year. It doesnt matter what year it is, its just special to win the Daytona 500. Its list of winners is a whos who of racing. The best drivers have won the Daytona 500. When you win the Daytona 500, you win the biggest stock car race in history.
If you just win one of those its special. Obviously, this year is a big anniversary year, but you dont change your emphasis going into it. You dont change the preparation for it. You still go out and do the same things you did 13 years ago for it. If theres ever a cool year to get your first one, this is it, but thats an obvious answer.
Do you like competing at Daytona?
Oh yeah. Daytona is different because you actually have to get your car to handle well there, where at Talladega, everybodys car handles well. Youre strictly playing a chess match. At least at Daytona, you have to have a good-handling race car. Thats why I wrecked last year. I wrecked because when I got the pit road speeding penalty, I went to the back. My car was too tight when I was in the back. I had to free it up so I could get back to the front. Then when I got there, I was too free. Thats how I wrecked. It puts emphasis on your aero package, your motor package and your cars handling.
This is your 10th year at the pinnacle of racing the NASCAR Sprint Cup Series. What drives you?
Im here to win races. Thats what I want to do every morning when I get up. All I want to do is win.
With all that goes on during Daytona Speedweeks, is it easy to lose track of what you need to do for the rest of the season?
I think everybody is realistic about it and has done this long enough to know that Daytona is a long, grueling week-and-a-half period. But aside from that you do your work there just like we do every week. If we were told to be at each race five days a week, wed work hard for five days a week. You just work hard for the whole duration that youre down there, and hope that you get a good result out of it on Sunday. Then you go on to the other 25 races and get ready for the Chase.
Whenever a new season begins, do you set goals?
When I was racing Midget and Sprint cars and paying my own bills, you learned to try to win each race. If you did that, everything else seemed to take care of itself. Your goal is to stay consistent all year. Thats our goal.
What will it take to win another championship?
If I knew that wed win the championship every year. Theres no blueprint. Every year if you look back in the history of NASCAR theres never been two years that have been identical. Every year is kind of like a snowflake theyre all different. Youve just got to take the circumstances youre dealt each week and work to consistently finish in the top-five. If you can do that every week, youll put yourself into a position to win the championship.
Do you feel there is more pressure on you to perform this year than there has in past seasons?
This series is so competitive week in and week out that I really dont think theres any more pressure than theres always been. Its a situation where you know there are so many good, quality teams out there that you have to have the right pieces and the right equipment every week. I feel like we have the right pieces in place, and now I just have to go out there and do my job.
Was there any disappointment or frustration at the end of the last year when you finished sixth in points, or do you look back on it and think that with three wins, it was a pretty good year?
I was disappointed at the end of the year, honestly. We started the Chase off so well. We werent leading the points, but we were in second or third for the first couple of weeks. We were in good position to carry that momentum, but it just seemed like the spokes fell off the wheel, so to speak. We just lost track of it. We just had bad luck, and when it got bad, it got worse. We just never could carry that momentum to the end of the year. I felt disappointed with the way we ended the season. Up to 26 weeks we were second in the points, which we were proud of. But at the time we needed it the most, we didnt have it and that was disappointing.
I think the things that we missed on, weve gotten corrected. A lot of that is just in the handling of the cars. We had a lot of testing in January, and it gave us an opportunity to hopefully get our cars halfway decent to start the season.
Hendrick Motorsports was dominant last year, and the theme of 2008 seems to be, Who will catch Hendrick?Do you feel you have everything you need to be as good as theyve managed to be?
I honestly feel like the one area that were going to have to catch up with them on is just getting our cars driving better. At the beginning of the year, there were sparks of brilliance where we were really fast and couldnt close the deal, but as the season went on, I felt like we fell off the pace a bit in some of those areas with our cars. I feel like that thats the one area in particular where were really going to have to catch up. I dont think its the Toyota side. I think its really the variable that didnt really change from last year, and thats having the CoT (Car of Tomorrow) car.
How much do you guys want to knock Hendrick off the block?
We dont care about Hendrick. We just want to beat everybody. Youve got to beat everybody to win it. It doesnt matter if its Hendrick or Evernham or Roush or whoever. Were not worried about Hendrick more than were worried about any other team. If we do our jobs, theyre going to have to worry about us.
The Car of Tomorrow is now the current car. You werent a big fan of it when it debuted last year. What are your thoughts now?
Its the same seat that I had last year, so it pretty much feels the same so far. I dont know. The good thing is that were at least going to be in it all year, so I think thats the comforting thing. Were not having to switch back and forth between it and the older car, and I think that makes us all feel better. You at least get some consistency from week to week with it. I think its going to make everybody a lot happier. Its definitely going to make the teams a lot happier, for sure.
If no one had told you that the team had switched from Chevrolet to Toyota, would you have known the difference after testing the Toyota during Preseason Thunder at Daytona?
I wouldnt have known the difference. Youve got to keep in mind that youre on a two-and-a-half mile track and youre holding it wide-open. Youre not going to really feel it until you get around other cars. Any driver that says they can is a heck of a lot better driver than me because I cant tell the difference. Youre not talking about 20-30 horsepower gains that youre going to feel. Youre only talking about a five to eight horsepower difference, and youre not going to feel that. Any driver that says he can feel that on a race track is lying to you.
Does the car move around more than the older generation car you raced at Daytona last year?
Its probably more like an IROC (International Race of Champions) car. These cars dont have near the downforce that our cars had last year. With the limited amount of shock travel in the front, youre hitting bump rubbers, and last year we werent allowed to have bump rubbers. It doesnt float around the race track like it used to. Its a lot harsher ride.
Did you spend any time worrying about the manufacturer change, or do you just figure youll race with whatever youre given?
It is what it is every week. I know it sounds real elementary and plain, but the race car is still going to do one of three things. Its going to be tight, its going to be loose, or its going to four-wheel drift. Were not reinventing the wheel here. Were just driving a different car. Ive driven 22 different types of cars. Every one I got into the first time Ive had to learn what it likes and dislikes. Its no different with this one. Its the same thing we went through half the season last year. Its not a big monumental change this year. I think last year was a bigger change than this years going to be.
Is the manufacturer change really a bigger deal for your fans to come to terms with?
The car looks the same from where I sit, so it is probably a bigger change for the fans. Obviously, if we go down the straightaway faster, itll be a big deal for me sitting behind the wheel.
Youve been competing at the Sprint Cup level for 10 years now. Does all of your experience help you adjust quicker to such massive changes as a switch in manufacturers?
I think that everybody that gets to this level can handle it. I dont think its a bigger deal having more experience. From the outside looking in, switching from Chevrolet to Toyota probably seems like a huge change. And if we had made this change a year ago, it wouldve been. But its a lot less dramatic this year since the car is the same for everybody. For the most part, its just a new motor package and some new decals on the nose.
You have a new teammate in Kyle Busch. What does he bring to Joe Gibbs Racing?
Im excited about it. I like Kyle. Kyle and I, our relationship together when he first started was a little rough, but even before he signed the contract, we got things smoothed out and learned how to get along well with each other. I look forward to having him. I know people think hes a little rough around the edges, but I see a lot of talent in him. I think hes going to be a great teammate. The test session that we had at Atlanta before the season was even over, working with him and talking to him and communicating with him, I really think hes going to be a strong asset to this team.
Hes learned a lot of patience. Hes got a lot of qualities that are going to help this race team. Having all three cars up front every week is something that is going to make us that much stronger. Kyle is very much a team player already. Hes so willing to give information and talk about what his car is doing. Having that information and having three guys that are up front, with our cars driving fairly similarly, is going to make us that much stronger of a race team. We have three guys that have very similar personalities that I think are going to mesh really well.
Of the three drivers at Joe Gibbs Racing you, Denny Hamlin and Kyle Busch its you who appears to be the leader. What are your thoughts about that?
Its a little frightening, right? The great thing about being the leader is that they can learn from my mistakes. Im more than willing to give any information I can to keep them from having some of the problems that Ive had in the past. I dont know if I feel a sense of responsibility from that standpoint, but I remember what it was like when I came in and I remember how good Bobby Labonte was to me. If I can help Denny and Kyle in that same way, then Im more than willing to do that.
Theres no manual that tells you how to adapt to the Cup Series. When you go from the Truck Series to the (Nationwide) Series, the transition isnt huge, but when you make that last jump from (Nationwide) to Cup, its a huge jump, so it always helps to have veterans that are willing to sit down and take time with you and help you get through some of the headaches and the hurdles that come with being a new guy.
Whats it like having Joe Gibbs back from football?
Were glad to have him back because we missed him when he went back to football in the first place. Not that we ever felt like there was a void when he left, because J.D. (Gibbs) has and continues to do a great job as president, but Joes personality was definitely missed a lot. He has leadership qualities in him that are unmatched.
Can you talk about how J.D. expanded his role as president after Joe left and how much he grew the race team?
I think he grew really quickly in that role. Hes just a younger Joe. He laughs like Joe. His mannerisms are a lot like Joe. The way he ran the team is a lot like Joe, too. Obviously, anytime you have somebody new, theyre going to have to put their signature on it a little bit. It was a little bit different than having Joe here, but at the same time, it was kind of business as usual.
You and your crew chief, Greg Zipadelli, continue to have the longest active driver/crew chief relationship in the NASCAR Sprint Cup Series, especially now that the combination closest to you and Zipadelli Matt Kenseth and Robbie Reiser have since parted ways with Reiser moving into a management position within Roush Fenway Racing. You and Zipadelli have hit a milestone mark at 10 years. How do you do it?
We have the same passion and desire to win, and when you have that combination, you work really hard to protect it. I think Zippy and I are now in a position where we dont see each other doing something away from one another. If one of us decides to retire, the other one is going along with him. If he says, Im done, Im ready to do something different, then thats probably when Ill say Im ready to do something different too, or vice versa.
In addition to 10 years together with your crew chief, its been 10 years together with your primary sponsor The Home Depot. When you made your debut at Daytona in February 1999, did you think you could make it this long?
I just wanted to make it, let alone make it 10 years here. It makes me proud. It makes me very, very proud of both my relationship with Zippy and Home Depot. Theyve been a great company to work for and hopefully we go another 10 years. Its been a lot of fun. Weve been through a lot of highs and a lot of lows, but at the end of the day, weve had a lot of fun and weve won a lot of races and won two championships. I think weve had a very successful first 10 years.
Source : http://www.theautochannel.com
(2/8/2008)
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Silverstone Circuit development plan approved
Silverstone Circuit, home of the British Grand Prix, has been given the green light by local authorities for a six million sq ft redevelopment of the venue complete with a new pit and paddock complex along with a manufacturer test centre, business park, extreme sport and leisure facility, two hotels, a university campus and a Welcome Centre.
Richard Phillips, Managing Director of Silverstone Circuits Limited said: The adoption of the Development Brief means that, for the first time in its long and illustrious history, the development of Silverstone is now being considered with an holistic approach. It is a methodology that will protect and secure Silverstones status as a global leader and the home of motor racing.
The Development Brief sets out the Vision for the Circuit over the next 10 years and the principles of sustainable development that aim to maximise the social and economic benefits for the local and regional area. It also sets out the land use and infrastructure requirements against which any future planning application has to be assessed.
Source : http://www.autoindustry.co.uk
(2/8/2008)
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Tata partners with Caparo to build body structure of Nano
The body structure of the new Rs 1 lakh Tata Nano car will be built by NRI industrialist Lord Swraj Paul-owned Caparo Group at a new facility in Singur.
Selected inner structural panels will be pressed and assembled by Caparo at a new facility in Singur, adjacent to the Tata Nano manufacturing plant in West Bengal.
Caparo, the manufacturer of the world`s highest performance road-capable hyper car, the Caparo T1, will supply 60% of these assemblies, with the rest being manufactured in-house by Tata. To meet Tata`s ambitious cost targets, Caparo has installed a new semi-automated production line with zero fault forward quality control systems.
The Tata Nano was launched at the India Auto Expo in Delhi last month. Tata chose Caparo for this substantial contract because of the firm`s success with a similar contract to supply the Suzuki Maruti 800.
The Tata Nano is a four-door, five-seat car that will cost Rs one lakh when it enters showrooms in India later this year. The low cost, around half that of the next cheapest vehicle, gives the Nano the potential to bring motoring to a mass market in a country of 1.1 billion people.
Source : myiris.com
(2/8/2008)
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Freedonia forecasts U.S. diagnostics equipment demand growth
US demand for automotive diagnostic equipment, software, services and data will grow 5.9% a year to $1.3 billion in 2011. Despite the vehicle-quality-driven slowdown experienced in overall aftermarket parts and service sales in the US, diagnostic equipment demand is expected to remain healthy.
Perhaps most importantly, demand for these products is driven by the expanding role played by electronic/electrical systems in cars - these systems should comprise over 40% of vehicle value by 2016; up significantly from the 22% they represented in 2000. As a result, light vehicle electronic content and system sophistication levels continue to climb, opening new market space for more advanced diagnostic equipment.
These and other trends are presented in Automotive Diagnostic Products, a new study from The Freedonia Group, Inc., a Cleveland-based industry research firm.
Source : http://www.autoindustry.co.uk
(2/8/2008)
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Delhi nice
F1's newest team unveiled its latest car at a ceremony at the historic Gateway of India in Mumbai yesterday.
The new car, called the VJM01 after Force India's chairman and managing director Dr Vijay Mallya, will be driven by former Renault racer Giancarlo Fisichella and highly rated Adrian Sutil. Ex-Toro Rosso driver Tonio Liuzzi will be Force India's test and reserve driver.
At the launch yesterday, Dr Mallya also announced a new power source for the team. Hybrid? Nope. Solar? Nope? Bio-fuel? Nope...
According to Dr Mallya, the Force India F1 team "is powered by the passion of a billion hearts!".
Just kidding; the car looks very tidy indeed in its gold, tungsten and white livery. Fisi and Sutil will be hoping the VJM01 goes as well as it looks.
Source : http://www.topgear.com
(2/8/2008)
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NADA and AutoTrader.com to Offer Online Training Series
ATLANTA, -- What do the largest new auto dealer association and the Internet's leading auto classified marketplace have in common? The desire to see car dealers sell more cars more profitably!
(Logo : www.newscom.com/cgi-bin/prnh/20080205/CLTU088LOGO )
To reach this goal, the National Automobile Dealers Association (NADA) and AutoTrader.com have partnered to launch a new, "live" online-seminar series, "Automotive Internet Marketing: A Traditional Approach to Non-Traditional Media." It will be offered to NADA members in spring 2008. The online- training series includes eight sequential once-a-week sessions.
"This partnership allows NADA members to unleash the power of the Internet for marketing, sales and customer service within their own dealerships," said David Penske, NADA dealership operations chairman. "Learning from a proven leader in automotive online marketing, like AutoTrader.com, will allow us to integrate our best, longtime practices with the most promising innovative techniques."
"The educational series' main focus is to provide dealers with a holistic approach to Internet marketing within their dealership strategy to optimize their dealership sales," says AutoTrader.com President and CEO Chip Perry. "In the past, most educational sessions offered to dealers were not holistic and did not provide complete information. We are thrilled that NADA decided to partner with AutoTrader.com to deliver this valuable information to dealers to help them achieve their ultimate sales objectives."
Dealership employees will be able to log into the training sessions from their desktops. Trainees will also have access to recorded versions if they are unable to attend live sessions.
The interactive seminar series is divided into one preliminary session and eight different modules. Each module provides innovative techniques to optimize the dealership's Internet marketing strategy and drive sales. Following each session, participants will be provided with resources to assist them with their business as well as an action plan, which will be reviewed at the next seminar.
The eight scheduled class modules will cover a variety of subjects, including the dealership's online marketing strategy, optimizing your Web site, online advertising, direct and targeted advertising, lead management, tracking and measurement. Some skills emphasized throughout the course will include:
-- Tactics, solutions and techniques to lead consumers to dealership Web
sites;
-- Tips on how to build a consumer-friendly and dynamic Web site that
effectively merchandises the dealership;
-- The distinction among the components of digital/online marketing
campaigns and how to define the roles of the components; and
-- Best practices and tools to measure the effectiveness and impact of the
dealership's marketing and advertising plan.
Source : http://www.foxbusiness.com
(2/9/2008)
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Car sales up 9 pc in January
New Delhi (PTI): The new year failed to ring in cheers for the automobile industry with the overall domestic vehicle sales in January witnessing a dip of 7.67 per cent at 8,29,569 units as against 8,98,444 units in the same month last year.
According to Society of Indian Automobile Manufacturers (SIAM), domestic passenger car sales rose 8.99 per cent in January, while the two wheelers continued the downhill ride with 10.96 per cent decline in comparison to the corresponding month last year.
Domestic passenger car sales in the country stood at 1,13,899 units as against 1,04,501 units in the same month last year, it said.
Source : The Hindu (Online Edition)
(2/9/2008)
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Nissan GT-R Making European Debut
GENEVA Nissan has announced it will premiere its GT-R supercar at the 2008 Geneva Auto Show next month, marking the first time Europeans will see the performance flagship since its debut at the 2007 Tokyo Auto Show last fall. The car goes on sale in Europe a year from now.
Also making European debuts are the all-new Murano, which will go on sale there in October, and the zero-emissions Pivo 2 concept.
The Nissan GT-R has already reached pre-order status in the U.S. ahead of a June date for the first deliveries to customers. With its 480-horsepower 3.8-liter biturbo V6 engine, Nissan says, the GT-R recently made a lap of the Nordschleife at the Nürburgring circuit in Germany in 7 minutes, 38 seconds.
Pricing and other details for European customers will be announced at the Geneva show, Nissan says.
Source : http://www.edmunds.com
(2/9/2008)
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Scion Contest: Create Vehicle Accessories in Virtual World
TORRANCE, California Gaia Online is an anime-styled virtual community that is rapidly growing to become one of the largest forums on the Internet. After seeing participants create and furnish virtual homes in this online community, Scion figured a "virtual resident of a virtual world needs a set of virtual wheels, and that's where Scion enters the picture."
Visitors to Gaia Online have the option to buy, customize and even race virtual tCs, xBs and xDs. You can even pull a virtual Fast and the Furious and negotiate for your own stash of Gaia Gold, the virtual currency, while avoiding obstacles like cows and spaceships on the racetrack.
Since June 2007 Scion has sold 600,000 vehicles virtual, that is and in the first hour of launch, the site sold more than 28,000 Scions. Leave it to Scion and its skill at personal modification to introduce a contest for people to design virtual accessories for their cars in an online world.
The winning accessory will become a permanent part of the list of accessories that are available at Gaia Online, and the winner will be announced on March 6.
Source : http://www.edmunds.com
(2/9/2008)
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More Than 5,000 Dealers Subscribe to RouteOne's Vehicle Value Product in First Year...
FARMINGTON HILLS, Mich., -- RouteOne LLC announced today that more than 5,000 dealers are now subscribed to its Vehicle Values tool since the product's launch in late 2006. The Vehicle Value tool is integrated with values from the N.A.D.A. Official Used Car(R) Guide, with Black Book scheduled for availability in early February 2008, and Kelley Blue Book in the second quarter of 2008.
The Vehicle Values tool allows dealers to precisely and quickly obtain used vehicle values during RouteOne's online credit application process. The information available to subscribing dealers and finance sources includes N.A.D.A. base values, as well as adjustments for mileage and optional accessories. The dealer can value a vehicle independently using the online Vehicle Values tool, and then effortlessly transfer all the information about the vehicle and its value to a RouteOne credit application. Subscribing finance sources may receive the same information in automated fashion, avoiding the need for a manual lookup.
"The sheer volume of dealer subscriptions in just over a year demonstrates that our dealers and finance sources find great value in this service," said Mike Jurecki, RouteOne CEO. "We strive to provide our dealers and finance sources value-added tools that will help them process and fund applications as quickly, accurately, and easily as possible."
Source : http://www.automotive.com
(2/8/2008)
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Quaker Steak & Lube Taps Veteran Restaurant CEO Ken Cole to Power Growth
SHARON, Penn., -- Quaker Steak & Lube, the casual dining chain known for hot wings and hot wheels, is revving up its growth plans with the hiring of veteran restaurant executive Ken Cole as president and CEO.
Cole this week announced his resignation as president and CEO of Sizzler USA, the 223 unit casual dining chain based in Los Angeles. Quaker Steak & Lube's founders, George Warren and Gary Meszaros, who have been serving as president and CEO and vice president and COO respectively, will become executive vice presidents and vice chairmen of the chain's board of directors.
Quaker Steak & Lube has 29 franchised and company-owned motor sports- themed restaurants in 10 states. The first location opened in a converted Sharon gas station in 1974. Franchising began in 1997.
"The Quaker Steak & Lube concept has evolved from a single restaurant into a very successful chain with tremendous potential," said Michael J. Stack, chairman of Quaker Steak & Lube's board of directors. "Quaker Steak & Lube is now at the point where Ken's vast experience and knowledge will be extremely helpful in growing both our company and franchised restaurant base."
During the last 18 months, Quaker Steak & Lube opened ten restaurants. It will open eight this year, with the goal to have 50 locations open by the end of 2009.
Cole, who is credited with rebuilding Sizzler during his seven years as CEO, also served as CEO of Blue Chalk Cafe, which operates the Left at Albuquerque chain, and Damon's International, which owns and franchises Damon's Grill restaurants. For Cole, the move to Quaker Steak & Lube brings him closer to home.
"Although my career has taken me all over the country, my family and my roots are nearby in West Virginia," Cole said. "This is a very exciting and unique opportunity to help grow a great concept and maximize its potential, while also allowing my wife and me to be closer to our children and other family members."
Cole's first day at Quaker Steak & Lube will be February 25.
Quaker Steak & Lube was recently named a Top 100 Emerging Chain Concept by Technomic Information Services, Inc. Often called "The Lube," it was voted "Best Wings USA" in a national competition, and it has received hundreds of other awards for its signature chicken wings and sauces, other dishes, kids menu and unique decor.
Source : http://www.automotive.com
(2/8/2008)
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Special Event Red Bull Team Ready For Shootout...
NEW KIND OF AERO PUSH A tandem skydive jump just isnt Brian Vickers style. He wants to free fall on his own. On Tuesday morning, Vickers will take a required Accelerated Free Fallclass so later that day he can jump out of a perfectly safe airplane all by himself. Hell spend time in a specialized wind tunnel in Orlando, Fla., to learn the art of skydiving from the Red Bull Air Force. After the class, Vickers will make his first solo skydive above DeLand, Fla., with the Air Force doing its thing around him. ESPN pit reporter and action sports addict Jamie Little will partake in the days events, and the jump will be part of ESPNs coverage of the Feb. 16 Nationwide Series race.
BEEN THERE, DONE THAT Sundays agonizingly long qualifying session locks in the front row for the 50th Daytona 500. The 150-mile qualifying races Feb. 14 determine starting positions three through 43. Kevin Hamlin, new crew chief on the No. 83, had the luxury of being locked into the Daytona 500 once before. In 1997, Hamlin guided Mike Skinner to the Daytona 500 pole. Everybody wants to be on the front row,Hamlin said. You get that publicity all week long. Its not like a regular race weekend where they just talk about you for a day. They talk about you for a whole week. Its really cool to be on the pole down there. It puts a little extra bounce in your step if you can pull that off.For the record, the No. 83 was fourth overall during single-car runs at Januarys Daytona testing. The No. 84 was 14th.
SPEED GETS SIRIUS Sure, theres the whole ARCA-race-at-Daytona thing, but Scott Speed made his first weekly guest appearance on SIRIUS Satellite Radios Tradin Paintwith co-hosts Steve Post and Chocolate Myers. They dont just talk racing each Tuesday at 2 p.m. ET (channel 128). Theyre talking the dish, the scoop, the drama on Speed, whos he hanging out with, who his newest NASCAR buddies are, where hes traveling and what Red Bull events hes popping up at. As for driving, Speed will strap into Eddie Sharp Racings No. 2 Red Bull Toyota for Saturdays ARCA 200. His lone ARCA start last October saw him finish seventh at Talladega.
DONT BOTHER ASKING For now, the Nos. 83 and 84 are on the outside in owner points, and below is Red Bull Racing Teams stance on getting in. Our position will not change in the first five races, so refer to this document for any future questions regarding Red Bull Racing Team and the top 35.
Brian Vickers, driver, No. 83: The first five races will define the season. We missed it last year, mostly at the beginning the year. We were a new team and made several big mistakes at the beginning of the season that got us behind, and we never could overcome that. I know in 2008, weve put a huge emphasis on the first five races.
Kevin Hamlin, crew chief, No. 83: Im sure some people say that theyre giving teams in the top 35 situation an advantage going into qualifying by going at the end. But its like, OK, who cares? If one of the teams that arent in the top 35 happens to be on the pole, well good for them. Obviously, their season isnt going great to start with or they wouldnt be outside the top 35. They could use a little highlight.
AJ Allmendinger, driver, No. 84: We know the first five races can make or break the season. Its our second year. Its not a question of will we be better. We will be better. Those first five races if we can get in them, run well and be in the top 35 in points, I really do think we can have a great year. Great meaning top 25, top 20 in points. Five races out of 36 could be our season.
Rick Viers, crew chief, No. 84: I expect to make the first five races, run competitively and be far enough in the top 35 and not every worry about that sixth race. I dont have any other thoughts than those first five races. Our Chase for the championship is the first five races. We dont even consider anything else.
Jay Frye, general manager and vice president: We talk about blocking and tackling and things that we need to do as company, which is doing the basic things right. Once you do the basics right, you advance to the next step. If we do the basic things, qualify for races, the top 35 will take care of itself.
Guenther Steiner, technical director: We must get into the top 35, and for sure well be better than last year. We learned a lot over the year. Were just more experienced, more methodical. We know more about what we do.
Source : http://www.theautochannel.com
(2/8/2008)
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TEAM REPORTS Coughlin starts season strong with big Day 1 effort
Jeg Coughlin Jr. began his third reign as the POWERade Pro Stock champion with a decent 6.651-second pass at 207.98 mph Thursday afternoon at historic Auto Club Raceway at Pomona. The steady pass in his JEGS.com Cobalt placed him third in a field of 22 drivers in town for the annual Winternationals, the traditional season opener of the NHRA series.
"We had a ton of confidence coming into this race after making 10 great passes last weekend in Las Vegas," said Coughlin, who won the preseason Pontiac Showdown test race last Saturday. "We got up to the line and as soon as I let out the clutch the tires spun. They spun again in second, third, and fourth and really didn't calm down until I grabbed fifth gear.
"The good news is we have plenty of power and despite all that wheel spin we still ended up third on the ladder so we're very, very encouraged. Our back-half numbers were across the top of the sheets so if we can take care of the spinning we'll be fast."
Coughlin and the rest of the Pro Stock drivers will have three more qualifying runs -- one Friday and two Saturday -- before eliminations begin on Sunday.
When the 2007 season ended at this facility, Coughlin emerged as both the new champion and the race winner. Combined with his win at the Vegas test, Coughlin is looking to extend his winning streak to three straight events.
"It's great to have found a rhythm already," said Coughlin, a 51-time national event winner. "The entire Victor Cagnazzi Organization worked so hard over the off-season and you never really know who you'll stack up against everyone come February so to start like this is encouraging to say the least."
Source : http://www.theautochannel.com
(2/8/2008)
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Hot Kia Pro_Cee'd on its way
A hot Pro_Cee's could be on its way
Kia commits to hot Pro_Cee'd
Different suspension settings already tested
Car could handle over 180bhp
Kia has said it will build a hot-hatch version of its recently launched three-door Pro_Cee'd small family car.
A Kia insider said there was agreement 'at the highest level' to build a flagship Pro_Cee'd, but that the company needed time to develop it properly.
That means we won't see the car before the range gets its mid-life face-lift, which will probably happen in the next two or three years.
Company insiders have said that the chassis is capable of handling engines with over 180bhp, and they have already played around with the suspension settings, which give promising better grip and sharper handling.
However, the Cee'd Convertible concept car shown at the Frankfurt motor show last September is less likely, because there isn't enough spare capacity at Kia's factory in Slovenia to build it.
Source : http://www.whatcar.co.uk
(2/8/2008)
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General Motors Wants You To Help Write Its Memoirs
DETROIT As part of the celebration of its 100th anniversary, General Motors is asking the public to "share their personal, first-person experiences" with the automaker.
"We welcome everyone to share their stories and build a rich and continuously evolving history of GM's people and products," said Steve Harris, GM vice-president of communications.
To submit a reminiscence, writers are asked to contribute to the Generations of GM Wiki on GMnext.com, where they can post a picture, write a story or read what others have written. Apparently, censorship will be kept to a minimum, although GM says "all submissions are moderated to assure they follow the 'Rules of the Road' listed on the Wiki, but accuracy is overseen by the user community and subject-matter experts." The possibilities for submissions are endless. Just imagine what consumer watchdog Ralph Nader would write about the Chevrolet Corvair, or what muscle-car fanatics will write about the original Pontiac GTO.
The Wiki will use technology similar to that pioneered on the Wikipedia Web site, GM says.
Source : http://www.edmunds.com
(2/8/2008)
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Car sales rev up 9% in January, bikes skid 14% to 4,81,267 units
NEW DELHI: Automobile sales remained sluggish in the New Year, even though companies postponed major price hikes and rolled out huge discounts to lure customers to their showrooms.
Overall auto sales fell by 4.82% to 80.22 lakh units in the 10 months of the 2008-09 fiscal, against 84.28 lakh units last year. Annualised growth for passenger car sales dipped to 12.79% for the 10-month period as against 13.39% growth in the first nine months of the current fiscal. While 12.55 lakh units were sold till January against 11.13 lakh units last year, the single digit growth last month impacted the total growth tally.
According to the Society of Indian Automobile Manufacturers (SIAM), domestic passenger car sales grew by 9% to 1,13,899 units in January as against 1,04,501 units in the same month last year.
Korean car major Hyundai Motor India, on the back of its new compact hatchback i10, posted the highest ever growth in domestic sales of 39.22% to 24,296 units as against 17,452 units last year. For passenger car market leader Maruti Suzuki India, though, sales remained flat at 54,366 units in January against 54,372 units in the same month last year.
General Motors India, which restarted its price discount on the compact car Spark last week, increased January sales to 4,030 units as against 1,665 units last year.
According to automobile analysts, the prevailing high interest rates and lack of finance in the market —which has slowed down two-wheeler sales since last year—has started impacting the passenger car segment too.
Ernst & Young partner Kapil Arora said: “The market is booming for only a few models. Some companies continue to do well with aggressive marketing and finance backup, which are the principal drivers for overall sales growth. On the other hand, the non-performance of some models is affecting car makers and slowing down growth in this segment.
The market should see an array of refurbished cars this year which will drive growth in future.” In two-wheelers, the downhill drive continued in January. The decline sharpened to 10.96% at 8,29,569 units against 8,98,444 units last year. The worst performance came from the motorcycle segment, which fell by 14% to 4,81,267 units from 5,60,056 units in the year-ago month.
Market leader Hero Honda’s sales fell by 1.64% to 290,005 units, while the second-largest player Bajaj Auto’s monthly sales were down 21.6% to 148,660 units. Chennai-based TVS Motors, the third-largest player, saw a 29.6% dip in sales to 80,277 units in January. However Japanese major Honda Motorcycle and Scooters India managed to remain positive, with its sales increasing by 8.78% to 74,460 units in January. Sales of commercial vehicles reduced by 1% to 46,788 units in January, from 47,251 last year.
“The high delinquency rate on two-wheeler loans is shrinking its market. We have already reduced our exposure in big markets like Uttar Pradesh, Bihar and Madhya Pradesh to minimise our risk. Two-wheeler sales have declined despite many manufacturers disbursing liberal loans through their own financial companies as customers are also waiting for the micro cars that are expected to hit the market this year,” a senior executive from HDFC Bank said.
Source : Economic Times
(2/9/2008)
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Show Your Car a Little Love
BETHESDA, Md.,; Your car doesn't want flowers, or balloons, or even candy this Valentine's Day - it just wants a little love in the form of an oil change, tune-up and basic service. There's no debating the value of preventive maintenance to keep your car running well - not to mention getting you safely to your hot Valentine's Day date - according to the Car Care Council. This Valentine's Day, treat your car to regular care and take the following preventive maintenance steps:
-- Change the oil and filter every 3,000 miles or three months, or per the owner's manual. Periodic oil and filter changes keep your engine clean on the inside.
-- Check the tire pressure at least monthly, including the spare. Your car's tires affect its ride, handling, traction and safety.
-- Schedule a tune-up annually to optimize your car's performance. A well-tuned engine delivers the best balance of power and fuel economy and produces the lowest level of emissions.
-- Have the alignment checked at least annually. Potholes and other road conditions, as well as normal wear, can take their toll on your car's steering and suspension. A wheel alignment reduces tire wear, improves fuel economy and handling, and increases driving enjoyment and safety.
-- Inspect the windshield wipers and lights on the car. Lights and wipers play a major role in safe driving, and they are normal wear items that need periodic replacement.
"These preventive maintenance steps will help ensure the reliability and safety of your car, and they'll also help improve gas mileage," said Rich White, executive director, Car Care Council.
Source : http://www.theautochannel.com
(2/8/2008)
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CarTango.com to Address the Unique Needs of Female Car Shoppers
MANHEIM, Pa.--CarTango, Inc. today unveiled CarTango.com, the internets first female-centric website specifically designed to help women find their perfect automotive match, at the best possible price, without the hassle. The revolutionary new site empowers women by providing them with a safe environment where they are in the drivers seat every step of the way from research to purchase. CarTango.com is comprised of an arsenal of indispensable tools designed to help women navigate and manage the entire car shopping process, which allows them to:
1. Accurately determine which vehicle best suits their needs and personality
2. Locate the perfect car via new and used inventory listings
3. Anonymously communicate with dealers about vehicles they have for sale
4. When ready, invite dealerships to compete for their business
CarTango.com is designed to provide a better experience for the primary purchasers of automobiles in the United States - women,says CarTango, Inc. Founder and CEO Daniel Osborne. Women directly purchase over 50% and influence the purchase of over 80% of all vehicles sold. Unlike any other site on the internet, the functionality and exclusive features of CarTango.com were specifically designed to address the wants and needs of this powerful female demographic. CarTango ultimately makes it easier for women to locate and purchase their ideal new or used car, at the best price because it eliminates the frustrating aspects of the car-buying process that typically inhibit female consumers.
Helping Women Determine The Right Vehicle
CarTango.com does more than any other site to help its users accurately determine which car best suits their needs and personality. CarTangos revolutionary Car Soulmate Survey, which suggests ideal vehicle matches based on responses to fun lifestyle questions, provides an unparalleled research launch pad for its users, as it eliminates much of the guesswork commonly experienced in the early stages of the car shopping process. Users are also provided with a comprehensive set of research tools, including:
* Comprehensive data on millions of cars, past and present
* The ability to perform side-by-side vehicle comparisons and design cars
* A sharefeature that makes it easy to get advice from family and friends
* Vehicle information provided by trusted sources of unbiased automotive reviews
* Video test drives
Helping Women Locate The Right Vehicle
CarTango.com provides the most convenient and efficient way to locate vehicles for sale among a vast inventory, which is provided by a nationwide network of new and used partner auto dealerships. In addition to traditional inventory search capabilities, CarTango.com is the only site to offer automated searches that continually deliver vehicle matches as inventory is updated, even while the user is offline. In addition, CarTango.com allows users to save their vehicle search history, eliminating the need for constant repetitive searches.
Helping Women Buy With Confidence
CarTango.com puts women in the drivers seat when it comes to purchasing vehicles. CarTango users initiate contact with dealers anonymously gone are the days of intrusive, unwanted calls and e-mails from dealers. Once comfortable, users can invite dealers to compete for their business by utilizing CarTangos groundbreaking My Tangofeature, at which time dealers submit presentations including price, service, and other relevant points in an effort to win business.
Source : http://www.theautochannel.com
(2/8/2008)
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Move Over SUV & Minivan, There's a New Kid...
NEW YORK, -- First there were sedans, then came minivans, and shortly thereafter SUVs became the choice of mom, dad and the kids. Now vehicles merging the best of cars, vans and SUVs known as "Crossovers" are fast becoming the people-hauler of choice for families.
(See video from General Motors at: http://link.brightcove.com/services/link/bcpid1406608124/bclid1410385385/bctid 1410389861 (Due to length of URL, please copy and paste the link into your Internet browser)
But picking out a new car these days can be tough. Many Americans want better gas mileage, but don't want to give up the room of the bigger vehicles they've grown accustomed to. Since Crossovers are car-based rather than truck-based, the ride and fuel economy are better then traditionally larger vehicles. Better design and technology has given some the aerodynamics of a sports car, while still, unbelievably, having room for eight.
The Chevrolet Traverse, unveiled at the Chicago Auto show, is the latest example of a 'do-just-about-anything' Crossover. Designed by a mother of four, the Traverse has family-friendly features with an emphasis on space and security -- able to tote around one's entire family, as well as groceries, bikes, and equipment in one trip.
Introduced at the Chicago Auto Show, the 2009 Chevrolet Traverse is an expressively styled, well-equipped crossover that gives customers people- hauling and cargo-carrying capability typically found in larger SUVs.
With styling cues inspired by the acclaimed '08 Chevy Malibu, the Traverse delivers refined details with strong proportions and the bold front-end appearance found on all new Chevrolets. Traverse will start production in the third quarter of 2008 at GM's Spring Hill, Tenn. manufacturing facility.
"We think the Traverse is the right vehicle at the right time," said Ed Peper, Chevrolet general manager. "It has great looks, utility and safety, with a driving experience typically found in smaller vehicles. But it delivers this with three rows of seating -- including a third row that fits adults - and class-leading cargo space. The Traverse is following the formula that is bringing Chevy back to a new generation of consumers - great styling, loads of class-leading features and tremendous value."
Source : http://www.automotive.com
(2/8/2008)
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Chrysler LLC's 'Project Genesis' Aligns Needs and Wants of Customers With Product...
SAN FRANCISCO, -- Today Chrysler Vice Chairman and President Jim Press and his executive team completed an eight-city "New Day" road show, reaching approximately 3,000 of its dealer partners to discuss the company's 2008 strategy and express their commitment to Product, Dealers and Customers; Driving Dealer Profitability; and Building Franchise Value.
During the meetings the company introduced a new corporate initiative, "Project Genesis," intended to align the needs and wants of the customer with its product portfolio and the dealer network. With the overall goal of taking care of the customer, Chrysler LLC plans to align Chrysler, Jeep(R) and Dodge product offerings in one facility. The company did not provide a timeline for the initiative.
"We started a dialogue with our National Dealer Council and continued the process by listening carefully to what our dealer partners had to say," Jim Press said. "Here at the National Automotive Dealer Association Conference (NADA) we have the opportunity to hear from more of our dealers. The results of all of this exchange will be factored in to our long range plan. At this point, we have not made any final decisions regarding our dealer optimization or future product plans, nor has the company set any firm timelines. Our dealers are and will continue to be an integral part of this process moving forward."
As "Project Genesis" evolves, the company will work with its dealers on a menu of options to create customer-driven alternatives that align the dealer network with the product portfolio.
"In the end, we will have a more viable dealer body focused on the customer," said Press. "When that happens, the customer, dealer and company win. That builds commitment, drives profitability and builds franchise value."
Source : http://www.automotive.com
(2/8/2008)
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Fiat makes Euro-5 engine
The 1.6 Multijet
One of the most economical engines currently available features in the new Fiat Bravo.
Now offered with the new 1.6 Multijet 16v engine, the Bravo's multivalve is a latest-generation turbodiesel power plant that puts Fiat ahead of the game in Europe.
The Italian automaker is the first to create a Euro-5 compliant engine, ahead of a 2009 deadline.
Thanks to the engine, the Bravo 1.6 Multijet has the lowest HCNOx emissions in its category, and returns an impressive 62.7mpg on the combined cycle.
A year after its launch, the Fiat Bravo has proved that it can compete at the highest level in the main segment of the European car market.
More than 90,000 vehicles were sold in Europe during 2007 (compared with target sales of 70,000) and 120,000 orders were placed, of which no fewer than 60% were from outside Italy.
Source : http://www.newcarnet.co.uk
(2/8/2008)
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Dream AMG machine
It's an SL, Jim, but not as we know it
Mercedes-Benz has recently facelifted the SL-Class roadster, and naturally the AMG version ups the ante.
To turbocharge or not to turbocharge, that is the question? Customers plumping for the SL 63 can boast the most powerful V8 model with a naturally aspirated engine in its class.
The 63, the sportiest SL ever, is powered by an AMG 6.3-litre V8 engine developing 525 hp and 630 Nm of torque.
The SL 63 AMG comes exclusively with the all-new, innovative AMG SPEEDSHIFT MCT 7-speed sports transmission.
Alternatively, the new SL 65 AMG will also be launched at the same time.
This promises to be one seriously fast Mercedes, thanks to its 612 hp AMG 6.0-litre biturbo engine developing 1000 Nm of torque from the V12 layout.
Hallmark AMG equipment features include the vario-roof, which opens in 16 seconds and is also available in an optional glass version.
As with all AMG machines, the interior of the new SL roadsters offers a luxurious environment with signature touches everywhere.
Pricing and final specification for the new SL AMG cars will be announced nearer the April 2008 launch.
Source : http://www.newcarnet.co.uk
(2/8/2008)
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Best of the best
As part of our revamped Car Reviews section - you've seen it already right? - we bring you the best-of-the-best galleries, with sage advice from your favourite uncles: Clarkson, Hammond and May.
'After reading this, buying a new car will be as simple as buying a banana,' Jeremy might have said once. And something about being brainier than an owl who's been to Oxbridge. Anyway, you get the idea.
So, click through the galleries below and find out which models from which categories we reckon your best dropping your cash on. They cover every genre, from budget cars to behemoth-like luxury waft-alongs - and not one of them a lemon. Or a banana.
Budget Cars
"Not only is the Fiat 500 the one to own if you're planning on having an accident, it's also a thing of loveliness" - James
Small Cars
"The 1007's doors are brilliant. Ferraris should have them, so I can get in without going on my hands and knees' - Jeremy
Hatchbacks
"The BMW 1-Series may not be the most practical of cars, but nothing can beat it for a B-road thrash" - Richard
Hot Hatches
"The Astra VXR even has me talking of 'lashing around' and 'redlining' and other such vulgarities" - James
Family Cars
"The electric Prius is really good for one thing... chatting up the vegans" - Jeremy
Big Cars
"Yes, I have kids but I also enjoy cars that are good to drive. Was Ford thinking of me when it designed the S-Max?" - Richard
Executives
"The 607 may be cheap but there is a danger you'll end up looking like a Parisian taxi driver" - James
SUVs
"How many bhp did you say the Cayenne Turbo S has? Just pray the nanny doesn't use it for the school run" - Jeremy
Sports Cars
"It's such a good investment, the Nissan 350Z is probably the only sportscar you buy with your head rather than your heart" - Richard
Luxury Cars
"The XJ is superbly crafted, beautiful to drive, has a fne motoring heritage, yet is thoroughly modern"
Source : http://www.topgear.com
(2/8/2008)
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Team Reports Harrowing Start To The Nhra Season For J.R. Todd
J.R. Todds initial outing driving the Torco/Lucas Oil Top Fuel dragster for Morgan Lucas Racing proved to be quite the harrowing experience as Todd smacked the retaining wall just past the finish line during his qualifying attempt of the Auto Club Raceway at Pomona on Thursday.
Yeah, Im fine, just upset,said a disappointed Todd. It was either the A-Arm or the front wing that collapsed and it just took off to the right. I could feel it move after passing the finish line when something broke, but now watching the video something did collapse. Its just unfortunate. It was a good car and well just have to pull out the backup car and see what we can do from here.
Todds teammate and personal good friend, Morgan Lucas felt for his colleague in his demise and now Lucas biggest concern is for Todd with three qualifying rounds remaining. Lucas recorded a time of 4.557 seconds at a speed of 322.42 mph, placing him in the No. 8 position.
Our run was fine, but thats irrelevant to be honest with you right now,said a sympathetic Lucas. J.R. is one of my best friends. When its someone youre that youre that close to; it hits home. It was his first run with us and testing went great for him in Phoenix. Now well have to get his backup car out and start from scratch. We have some great data on it and our plan is to get on the track as soon as possible. My biggest issue is making sure hes fine.
It was very much like the situation when I flipped the Baja car on its side in Mexico and felt like I could have done something else very much different. J.R. got my head back into the game and I will try to do the same thing for him. Hes such an amazing driver, and I dont want him to worry about it. Well get it all back together as long as hes okay.
Todds run will be included in the lineup as per NHRA rules states the mishap occurred past the finish line placing him in the No. 11 qualifying position with a time of 4.575 seconds, 294.18 mph.
Qualifying continues at the 48th annual CarQuest Winternationals on Friday with another Top Fuel session beginning at 2:30 p.m. PST, followed by two more on Saturday at 12 noon and 3:30 p.m.
Source : http://www.theautochannel.com
(2/8/2008)
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Plastics: strong growth in energy recovery
In 2006 recovery of plastics reached 50% for the first time, records The Compelling Facts about Plastics, the 17th report on trends in production, demand and recovery of plastics, published annually by the European plastics industry.
Underpinned by strong growth in mechanical recycling as well as energy recovery, recovery of used plastics showed a 3% increase over 2005. At the same time, seven countries (representing 29 per cent of the population in EU25+ Norway & Switzerland) recovered more than 80% of their used plastics and are close to realising their vision for diversion from landfill.
This was achieved in a year with strong demand up 4%to a total of 49.5 million tonnes across EU25+NO/CH. Demand for plastics in Europe rose faster than GDP, exceeding GDP growth by 50%.
Source : http://www.autoindustry.co.uk
(2/8/2008)
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Suzuki makes a Splash
Suzuki Splash
Japanese automaker Suzuki seems to be on a bit of a roll lately, which should continue thanks to the all-new Splash.
The newcomer is described as a mini-MPV, or a high-riding hatchback with added utility, if you like.
Based on the Swift platform, the car is entirely Suzuki engineered and specifically styled for European tastes.
General Motors collaborated with Suzuki to see the Splash underpinning the new Vauxhall Agila.
Four models are on offer, with a choice of petrol and diesel engines and manual or auto' transmissions.
The diesel is capable of 62.8 mpg on the combined cycle and qualifies for a penny-pinching £35 annual road tax bill.
Thanks to the widely lauded Swift platform, the Splash should enjoy the same sure-footed handling and responsiveness.
All Suzuki models are covered by a 3 year/60,000 mile new vehicle warranty, and 24 hour UK and European roadside assistance, recovery and associated service for 36 months.
Source : http://www.newcarnet.co.uk
(2/8/2008)
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Bike, heavy commercial vehicle sales continue to dip
New Delhi, Despite less than two months left for fiscal 2007-08 to end, the domestic automobile industry is not showing any upswing as most segments continue to post negative growth. January was one of the slowest month in terms of growth for the passenger vehicles industry as the largest player, Maruti Suzuki grew marginally leading to the overall segment shrink.
The motorcycles market too recorded a sharp fall as banks refrained from providing credit on account of high default rates and stricter guidelines on recovery imposed by the RBI.
Bike sales dip
According to the monthly sales data compiled by the Society of Indian Automobile Manufacturers, motorcycles sales fell by 14 per cent in January this year as compared to the same month last year. Hero Honda at 2,80,663 units posted a two per cent decline in sales as against Bajaj, the second largest bike maker whose sales declined by 21 per cent at 1,34,704 units. TVS also witnessed a massive fall of 56 per cent in domestic sales at 27,697 units.
January is one of the slowest month for the passenger car industry as Maruti posted the lowest growth. So has it been for two-wheelers, as post the festive season, sales have again declined,said a B&K Securities analyst from Mumbai.
CV sales flat
Commercial vehicle sales at 46,788 units remained flat compared to 47,251 units in January last year.
LCVs sales continued to grow due to intra city mobility and replacement of heavy trucks, leading to declining demand for heavy commercial vehicles.
However, when compared month-on month, sales of heavy commercial vehicles have shown resilience with a lower decline.
The cyclical downturn in the commercial vehicle industry would get over and a high growth in the medium and heavy commercial vehicles industry could be expected. But in case of two-wheelers, interest rates have not fallen. With consumers expecting a rate cut, customers would have postponed buying two-wheelers which has led to a decline, said Mr Mahentesh Sabarad, Senior Research Analyst, Centrum Broking.
Passenger car sales in January decelerated at 8.5 per cent as Maruti Suzuki, the largest player, posted flat sales at 54,366 units.
However, led by i10, Hyundai reported a 39 per cent increase in sales at 24,296 units and after months of declining sales, premium car maker, Honda Siel also bounced back by selling 7,498 units, a growth of 29 per cent as against January last year.
Source : Business Line (Online Edition)
(2/9/2008)
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General Motors, Toyota take top honors with Vincentric's 2008 Best Value in America Awards
BLOOMFIELD HILLS, Michigan - General Motors was the big winner with todays announcement of Vincentrics Best Value in America awards, an honor that measures value using the overall cost to own and operate a vehicle. At the corporate level, GM rode the strength of its full-size pickups to bring home 10 awards, while Toyota brands also had a strong showing with 8 winning vehicles, including the Scion xB. Honda and Acura continued the consistent delivery of consumer value by winning 6 awards, while the free maintenance provided by BMW helped deliver 5 Best Value in America awards in various premium segments.
New for 2008 was Vincentrics Best Hybrid Value in Americaâ„¢ awards, with the Honda Civic Hybrid and the Ford Escape Hybrid each winning in their respective segments. Another winner of note was the newly re-designed Chevrolet Malibu, which used a combination of aggressive pricing and low depreciation to make its mark in its mid-size segment.
Vincentric measures cost-of-ownership using eight different cost factors: depreciation, fuel, insurance, opportunity cost, financing, maintenance, taxes and state fees, and repairs. Using a statistical model, the company identified the Best Value in Americaâ„¢ by measuring which vehicles have a lower than expected ownership cost given their market segment and price. Each vehicle was evaluated in all 50 states plus DC using a range of annual mileage intervals (10,000, 15,000 and 20,000 per year). In addition, Vincentric reviewed different insurance profiles (new drivers, less experienced drivers and experienced drivers) and their impact on value for each vehicle.
We saw a large number of different makes winning Vincentrics Best Value in America award,stated David Wurster, President of Vincentric. This shows the incredibly strong competition in todays market. The strong results from newly released vehicles make it clear that a focus on newly designed vehicles will be a requirement for manufacturers to provide a strong value proposition to consumers,he added.
Source : http://www.theautochannel.com
(2/8/2008)
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2008 Chicago Auto Show: Ford Introduces Its Small Business Van to America
PURPOSE-BUILT: FORD TRANSIT CONNECT DELIVERS UNIQUE COMPACT VERSATILITY FOR AMERICAN BUSINESS
Purpose-built for small business owners, the Ford Transit Connect is a versatile compact van that offers a fuel-efficient alternative to full-size commercial vans.
Transit Connect, debuting at the Chicago Auto Show, is another example of how Ford is leveraging its global product lineup. Transit Connect is designed, engineered and manufactured by Ford of Europe. It was named International Van of the Year when launched in 2003.
Ford is the Commercial Vehicle leader in the U.S. with 40 percent share of the total commercial vehicle market and has been the full-size van leader with the Ford E-Series for 29-years running. Transit Connect further builds Fords strong commercial vehicle portfolio.
CHICAGO - : Ford is tapping its global product strengths to mobilize and connect small business owners in North America with the European-engineered Ford Transit Connect.
Introduced Wednesday at the Chicago Auto Show, Transit Connect is designed to bring American small business owners a new vehicle choice that offers improved fuel economy, bigger load capacity and better cargo accessibility than todays commercial vehicle offerings.
Ford Transit Connect is built on a dedicated, commercial vehicle platform to meet the rigors business use demands. This workhorse is like nothing available today in the American market,said Derrick Kuzak, Ford group vice president of Global Product Development. The Transit Connect provides another example of Fords commitment to deliver 100 percent new or upgraded products that people truly want and value by the end of 2010,he said.
Source : http://www.theautochannel.com
(2/8/2008)
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NASA Lands in Daytona to Celebrate 50th Milestones with NASCAR
WASHINGTON, -- In honor of NASA's 50th anniversary and the 50th running of the Daytona 500 in 2008, NASA will participate in two racing events in Daytona Beach, Fla., Feb. 12-17.
Astronaut Charlie Hobaugh, who has visited the International Space Station twice, will be at the Ford Motor Company's annual "Race and Rock Fest" on Beach Street. The event also will feature NASA's Exploration Experience exhibit, which will be open from 3-11 p.m. EST on Feb. 12-13. On Feb. 13, Hobaugh will be signing autographs throughout the day and will be available for media interviews from 4:30-5:30 p.m. at the exhibit.
NASA then moves to the Daytona International Speedway Feb. 15-17. The exhibit will be at the speedway from 10 a.m. until the start of the day's race Feb. 15, and from 9 a.m. until race time Feb. 16-17. Astronaut Michael Good, who will fly on the space shuttle mission to service the Hubble Space Telescope later this year, will be signing autographs throughout the day. He will answer questions from reporters from 12:30-1 p.m. on Feb. 17.
The Exploration Experience and a number of supporting exhibits, including a 32-foot-by-32-foot NASA tent containing space technology displays and spaceflight memorabilia, will be open to race visitors. Highlights of the show include a real moon rock that the visitors can touch, a flown space shuttle tire, and tools used on the Hubble Space Telescope.
In addition to the racing events, the NASA and Daytona 500 partnership featured astronaut Andrew Feustel's participation in NASCAR's Preseason Thunder Fan Fest Jan. 8 at the speedway. Feustel toured the track's garages and talked with drivers and pit crews about the similarities in the professions. Also, NASA is flying three Daytona green racing flags aboard space shuttle Atlantis, which launched Feb. 7.
Technology developed for the space program has helped NASCAR drivers increase their performance and stay safe over the years. They wear cooling suits similar to what astronauts wear during a spacewalk. Also, foam that NASA developed for aircraft seats protects racecar drivers' necks in a crash.
NASA Exploration Experience exhibit simulates a visit to moon and Mars -- the earliest destinations in America's next great era of solar system exploration. Interactive control panels and activity stations; immersive 3D imagery; and audio effects will plunge visitors into a not-too-distant future on the moon and Mars. They will discover what it will be like to live and work on the surfaces of other worlds, and how it will benefit life back home on Earth.
NASA staffers will be on hand to answer questions and discuss some of the thousands of technologies used on Earth as a result of space-based research and development by the agency and its partners. Exhibit visitors can learn how tomorrow's lifestyles will change as NASA continues to refine existing technologies and develop new breakthroughs in power, computer technologies, communications, networking and robotics. Visitors also will see how other advanced technologies will increase safety and reliability of space transportation systems, while also reducing costs.
Source : http://www.automotive.com
(2/8/2008)
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Suzuki Showcases All-New SX4 Sport, Zuk Concept at 2008 Baltimore International Aut...
BALTIMORE, -- Led by the all-new 2008 four-door Suzuki SX4 Sport, American Suzuki Motor Corp. arrives at the Baltimore International Auto Show poised to impress show goers with its exciting lineup of value-packed cars and SUVs made for people with active lifestyles. In addition to Suzuki Auto's full-line of vehicles on display at the show, including the XL7 midsize SUV, media-acclaimed Grand Vitara, and bold and functional five-door SX4 Crossover, Charm City auto enthusiasts will be treated to a look at the Zuk, one of the company's dynamic Suzuki LIVE Series (LIFESTYLE VEHICLES) concept vehicles based on the SX4 Crossover.
"As we begin the new model year, we're excited to introduce an expanded line of versatile vehicles, including the all-new SX4 Sport," said Mark Harano, president of American Suzuki's Automotive Operations. "The Baltimore International Auto Show provides the perfect venue for local residents to preview a number of Suzuki's stylish and fun-to-drive cars and SUVs before making a purchase."
Zuk
Inspired by Suzuki's world-renowned, championship-winning sportbikes, and derived from the five-door SX4 Crossover, the Zuk concept offers solid functionality both on the road and the track. Built by Road Race Motorsports of Santa Fe Springs, Calif., the sporty Zuk is powered by a 300-horsepower, 2.0-liter turbocharged and intercooled engine with alcohol injection system, matched to a five-speed manual transmission.
Designed for ultimate street performance, the stunning SX4 Crossover concept features a sophisticated all-wheel-drive system, excellent stability and crisp handling characteristics. The Zuk features Suzuki Hayabusa and GSX-R-inspired bodywork, ground effects, mirrors, spoiler and exhaust, all wrapped in blue metallic paint and carbon fiber. Framing accent lights highlight the Zuk's motorcycle-themed structure and cage, while strategically placed openings reveal the vehicle's powertrain, wheels, tires and chassis details. The fully drivable and track-tested Zuk is equipped with a fully tuned performance suspension system, 19-inch alloy wheels and high-performance tires.
The motorcycle-inspired design continues inside the Zuk, revealing a functional, modern sportbike-styled space frame and roll cage. Cove lighting further accentuates the superbike-inspired structural frame and draws attention to the GSX-R-inspired instrument cluster. Minimalist racing seats with charcoal and carbon fiber interior trim and touch points provide interior comfort and complement the Zuk's optimal driving experience. Other race-inspired interior appointments include center switches and gauge set -- evocative of Suzuki racing heritage -- and machined aluminum driver and navigator foot platforms cantilevered for an exciting motorcycle feel.
Suzuki SX4 Sport
The all-new 2008 four-door Suzuki SX4 Sport is the urban cousin to the five-door SX4 Crossover and designed to ease the day-in, day-out metropolitan grind for its drivers. Sharing a common appeal to those who live a life consistent with Suzuki's "Way of Life" brand philosophy, the SX4 Sport and SX4 Crossover seamlessly blend into varied driving conditions and environments.
The SX4 Sport inherited its award-winning handling capabilities from the Suzuki Swift, which has won more than 16 international awards. Having wowed journalists and drivers throughout the world, the sporty Swift character embodied in the SX4 Sport can now be enjoyed by U.S. consumers. Suzuki's development benchmark for the SX4 Sport was to meet or beat the Swift on key dynamic performance attributes in order to win the heart of the American consumer.
SX4's appeal does not end at the track, as it offers bold, youthful styling along with a generous list of standard features and a surprisingly roomy interior. Targeted toward younger buyers with a male skew, the SX4 Sport represents a core model for Suzuki that has a personality distinct from its competitors.
Built in Japan, the SX4 Sport features a sophisticated 2.0-liter, four-cylinder, 16-valve DOHC engine matched to a five-speed manual transmission or an available specially tuned four-speed automatic transmission. The responsive engine's strong low-end torque provides the fun-to-drive feeling commuters and weekenders crave, along with more power than segment volume leaders. The 2.0-liter engine delivers 143 horsepower and 136 lb.-ft. of torque, with an estimated EPA fuel economy rating of 23 mpg/city and 31 mpg/highway with automatic transmission.
The 2008 SX4 Sport is one of the best-equipped compact cars in America, with more standard features than cars costing thousands more. The base SX4 Sport's standard features include six airbags (front driver and passenger airbags, driver and passenger side-impact airbags and side curtain airbags), four-wheel disc brakes with ABS and electronic brake-force distribution, tire pressure monitoring system, trip computer, front seatbelt pretensioners, power windows, locks and mirrors, remote keyless entry, air conditioning, AM/FM/CD/MP3 audio system with four speakers, tilt steering wheel, aero body package, 17-inch alloy wheels and floor mats. The starting MSRP for the four-door SX4 Sport is $14,770 plus $625 for destination and handling.
The Convenience Package adds cruise control and a leather-wrapped steering wheel with integrated audio controls, automatic climate control and heated outside mirrors. Adding only $500, the starting MSRP for the SX4 Sport with the Convenience Package is $15,270. For just another $1,000, the Touring package adds a six-disc CD player, upgraded 380-watt audio system with nine speakers, including subwoofer, fog lamps, a rear spoiler, Electronic Stability Program (ESP)(1) with traction control system and SmartPass keyless entry and start system, and starts at $16,270. An automatic transmission is available for $1,100 on all models.
Suzuki SX4 Crossover
Since its introduction as a 2007 model, the Suzuki SX4 Crossover has received numerous awards, including being named one of the "Top 10 Coolest Cars Under $18,000" by Kelley Blue Book and "Best Kept Secret of 2007" by Autobytel. The SX4 Crossover features a sophisticated 2.0-liter, in-line four cylinder, DOHC engine rated at 143 horsepower. Fitted with intelligent all-wheel drive as standard equipment, the five-door is America's most affordable all-wheel-drive vehicle and is sure to be a year-round standout in any driving condition.
Several refinements have been made for the 2008 model year, including a revised fifth gear ratio (M/T) for improved highway mpg and reduced NVH, remote fuel door release, air conditioning with automatic climate control and heated outside mirrors with the Convenience package. Other available features for the 2008 SX4 Crossover include Bluetooth connectivity, sport pedals and shifter. The starting MSRP for the five-door SX4 Crossover is $15,270 plus $625 destination and handling.
Suzuki XL7
Redesigned for the 2007 model year, the XL7 midsize crossover SUV evolved from a body-on-frame, rear-wheel-drive design to a larger, more comfortable front-drive unibody design. Suzuki's flagship SUV, which proudly displays a quadruple five-star safety rating, boasts a standard 3.6-liter V6, DOHC engine rated at 252 horsepower matched to a five-speed automatic transmission with manumatic control, available all-wheel drive and three-row seating. All work together to deliver the size, style, power and flexibility needed to facilitate a consumer's active lifestyle with ease.
For 2008, the XL7 packs even more value into Luxury and Limited models with added standard features. Luxury models now include standard power moonroof and six-CD audio system. Limited models feature a substantially lower MSRP than the 2007 model, and include significant upgrades to the standard equipment list, including power heated front seats, touch screen navigation system, rear vision camera system, power moonroof, chrome wheels and six-CD, Pioneer-branded premium audio system. Limited models also offer an available rear entertainment system. The starting MSRP for the XL7 midsize SUV is $21,349 plus $650 destination and handling. The fully-loaded Limited is available for $28,899 plus destination.
Suzuki Grand Vitara
First introduced as a 2006 model, the Grand Vitara has garnered much media and consumer praise and is the winner of numerous awards, including a "Best Buy" from Consumer Guide(R)(2). No other SUV in the Grand Vitara's size and price category better balances off-road capability with the very real needs of a daily commute. The 2008 Grand Vitara features a standard 2.7-liter, V6, 24-valve DOHC engine, rear-wheel drive and an extensive list of interior amenities and standard safety features. With its sophisticated Four-Mode full-time four-wheel drive, the Grand Vitara can handle both smooth pavement and off-road conditions equally well (4WD models feature a two-speed Lo Range) and can play an integral part of a consumer's life adventures. And if those life adventures include an RV, the Suzuki's drivetrain allows behind-the-vehicle towing.
Upgrades for the 2008 model year include air conditioning with digital automatic climate control, improved NVH and remote fuel door release. Notable standard features include side-curtain airbags, side seat airbags, ESP and traction control. The starting MSRP for the Grand Vitara is $19,349 plus $650 destination and handling.
2008 Suzuki Auto Product Line
Suzuki's full line of 2008 vehicles includes the stylish four-door SX4 Sport, bold and functional five-door SX4 Crossover, versatile XL7 midsize SUV, rugged Grand Vitara compact SUV, compact Forenza sedan and Forenza Wagon, and the Reno. Every vehicle in the line provides Suzuki's standout virtues of toughness, leading-edge style and high-end features at very competitive prices. All 2008 Suzuki automobiles are backed by America's #1 Warranty: a 100,000-mile/seven-year, fully transferable, zero-deductible powertrain limited warranty.
Source : http://www.automotive.com
(2/8/2008)
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Going to the 2008 Chicago Auto Show? Make The Auto Channel Your First Stop!
Each year, it seems like the Chicago Auto Show gets better and more important - in terms of its relevance to the national automotive scene. This year's exposition is more exciting than ever and not to be missed.
But as they say at the ballpark, "You can't tell the players without a program." That's why you should take advantage of The Auto Channel's Chicago Auto Show guide. The Auto Channel exclusive Press Pass Coverage features tons of "media" information, allowing you to see the show through the eyes of a journalist. And no one has more video coverage of the event.
Right now, through the convenience of your own computer, you can watch press conferences, vehicle intros and promotional video clips. The Auto Channel's exhaustive coverage is a great way to preview and plan your personal visit to McCormick Place.
Source : http://www.theautochannel.com
(2/8/2008)
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Team Reports Sheltra Motorsports Notes
Sophomore ARCA RE/MAX Series driver Patrick Sheltra was one of over 60 drivers to participate in Thursdays five-hour practice session in preparation for the 45th annual ARCA 200 at Daytona, the 2008 season opener set for Saturday afternoon. Sheltra, driving for his family-owned Sheltra Motorsports team will make his inaugural debut at the 2.5-mile superspeedway in his 26th career ARCA start.
Sheltra, the 21-year old Indiantown, Florida native clocked off the 13th fastest effort today with a time of 49.691 seconds at 181.119 MPH. The Whitesville, Kentucky based operation drew the 52nd position for ARCA SIM Factory pole qualifying which is slated to roll off at 12:00pm local time.
Here are some quotes and notes from todays session:
PATRICK SHELTRA, NO. 60 FERGUSON PIPE ENTERPRISES, INC.-FLORAGANICS CHEVORLET MONTE CARLO SS:
SHELTRA: (ON HIS SPIN EARLY IN THE SESSION) Rookie mistake. Im really sorry to the Sheltra Motorsports bunch. I came from the track to the apron of the racetrack and she came around. Luckily, for us we didnt suffer any major damage. I pulled into the garage and the team surveyed the car inside and out before we took to the track for drafting.
SHELTRA: (ON TODAYS PRACTICE SESSION) Overall, it wasnt too bad. Were looking good on the charts, but were going to adjust some things hoping to find a good setup for qualifying tomorrow. We know that the car will draft and thats real important, but we need to qualify strong. Were aiming for a championship this year and we cant afford to have any mistakes in the biggest race of the year.
SHELTRA: (ON DRAFTING) It was good. We turned our fastest laps when we went out with the No. 75 (Brian Scott) and the No. 19 (Jake Bailey). Later in the session we realized that we had a car that could draft but liked being out front; (leading) too. Were going to try in the final practice and see if we can get our No. 60 Chevrolet to suck up a little better than what it did today. If we can accomplish that; were in great shape and its bad news for the rest of the field.
SHELTRA: (ON TOMMORROWS ARCA SIM FACTORY POLE QUALIFYING SESSION) Its a really stout bunch here, Ill tell you that. I think well be safely in the top-25. Ill be happy with that. While qualifying is important, you car has to be able to draft. We messed around with that in the last two hours of practice. We know what we have to do and were going to do everything in our power to make it happen.
SHELTRA: (ON THE IMPRORTANCE OF RACING AT DAYTONA) Daytona is huge. There is no hiding from it. There is a plus and minus side to it. We start the season off there so if you have a bad run youre able to recover from it. If you have a good run, it only gives that extra motivation to go to the next race and keep the streak alive. I unfortunately missed Daytona in 2007, but its comforting to know that Ill be guaranteed a spot in the show Saturday.
SHELTRA: (DO YOU CONSIDER THE ARCA 200 AT DAYTONA TO BE THE SUPERBOWL OF THE ARCA RE/MAX SERIES?) Absolutely. There is a lot of prestige in this event and it truly signifies as the biggest event of the season. With that being said, weve done everything in our power to prepare for this race. Were just looking to come away with a strong and positive finish to kick-off the season in the right direction. On the other hand, to win a race at Daytona is something youll never forget and thats exactly what we are after.
SHELTRA: (ON THE 2008 ARCA RE/MAX SERIES SEASON) Im really excited about this year. Im not coming into blindsided like I did last year. Thats important. Im lucky to have a great group behind me and some superb marketing partners onboard as well. I know theres a lot of competition this year, but theres no doubt that were going to give everyone a run for the trophy.
The ARCA 200 at Daytona (80 laps/200 miles) is the first of 21 events on the 2008 ARCA RE/MAX Series schedule. The 45th ARCA race held at Daytona is a three-day show. ARCA SIM Factory pole qualifying is set for Friday, February 8 slated to begin at 12:00 p.m. A one hour and five minute final practice session is etched in on Friday evening from 5:10pm-6:15pm. The event will take the green flag on Saturday, February 9 shortly after 4:00 p.m. The race will be televised live on SPEED with additional race coverage online at arcaracing.com. All times are local.
Stay tuned for a revamped website, but in the meantime for more on Patrick Sheltra, please visit PatrickSheltra.com.
SHELTRA MOTORSPORTS FAST FACTS:
Team Name: Sheltra Motorsports, No. 60 Chevrolet Monte Carlo SS
Driver: Patrick Sheltra, Indiantown, Florida
Car Owner: Grace Sheltra, Indiantown, Florida
Marketing Partners: Ferguson Pipe Enterprises, Inc, FloraGanics, American Concrete Industries, Inc, Hardie Pipe, Indiantown Marina, Drug Discovery Testing (DDT), All About Flowers, Speed Media, The Casite Company, Sheltra & Son Construction, Sheltra Cattle Company, J&S Bulk Transportation, Inc., Martin County Petroleum and Purcell Tire & Rubber.
Source : http://www.theautochannel.com
(2/8/2008)
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What Car? TV podcast: February 08
What Car? TV podcast: February 08
We test Aston Martin DB9
Round-up of the week's news, too
This week, we're testing an Aston Martin DB9, but we've also got a round-up of all the week's news.
Stories include the policeman who was caught giving a double thumbs-up to a speed camera, a trend of catalytic converter thefts, and the former Shell boss who wants to ban cars that do less than 35mpg.
To see these stories, just click on the links below:
What Car? TV: February 08
This week's podcast on Windows Media
This week's podcast on Real Player
To watch our videos through iTunes, click here. Alternatively, add the following link to your preferred podcast software : www.whatcar.com/rss/whatcarvideo.xml. If you don't have iTunes, go to www.apple.com/itunes.
Source : http://www.whatcar.co.uk
(2/8/2008)
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Nano to make worldwide debut at Geneva Motor Show
Tata Motors` Nano is all set to make its first appearance worldwide at the 78th Geneva Motor Show in the first week of March, reports Economic Times.
Nano, the five-door hatchback known as the common man`s car costs just Rs 100,000 (USD 2,500) and was unveiled in January this year at the Auto Expo in Delhi. Nano is believed to be available in the showroom in the second half of this year.
The company registered 8.75% rise in net profit for the quarter ended December 2007. During the quarter, net profit stood at Rs 6,547.9 million as against Rs 6,020.70 million in the quarter ended December 2006.
Source : myiris.com
(2/8/2008)
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PG&E Signs Agreement to Purchase Plug-in Hybrid SUVs From Raser Technologies
SAN FRANCISCO, -- Pacific Gas and Electric Company today announced it has entered into an agreement with Raser Technologies, Inc. for the purchase and demonstration of two plug-in series hybrid electric sport utility vehicles (SUV). The vehicles are designed to achieve over 100 miles per gallon (mpg) in typical daily driving, while operating in near zero emission mode.
"PG&E is a strong advocate of plug-in hybrid vehicles and has been working with Raser as co-founders of the Plug-in Hybrid Development Consortium for the past two years, with the goal to accelerate a pathway for PHEV commercialization," said Andrew Tang, senior director of smart energy web at PG&E. "We are very excited to team with Raser to be the first utility to take delivery on these breakthrough plug-in series hybrid vehicles. Plug-in hybrid electric vehicles are a practical solution to meet the challenges associated with climate change by reducing fuel costs, greenhouse gas emissions and our dependency on petroleum-based fuels."
Initially, PG&E will purchase two plug-in hybrid SUVs from Raser for demonstration and testing, with the goal to integrate additional PHEVs into its fleet in the future. The PHEVs are expected to cut operational fuel costs up to 75 percent by driving in all-electric mode during typical daily fleet routes of up to 40 miles. When driving beyond the 40-mile battery electric range, the PHEVs may continue up to 400 miles by generating their own electricity. The fleet PHEVs are also expected to reduce greenhouse gas emissions to nearly zero during local daily driving. PG&E plans to plug in the vehicles at night, when energy demand is lowest, to maximize emission reductions and fuel savings for daily routes. Subsequent versions are expected to provide emergency mobile power from the vehicles onboard 100 kW generator to assist in power outages or provide mobile power for work and repairs.
"Raser's proprietary plug-in series architecture and electric powertrain are what allows full size SUVs and light trucks to potentially achieve over 100 mpg with near zero emissions. We applaud PG&E's leadership in green fleets and in clean renewable power. We look forward to working with PG&E to demonstrate PHEV vehicles that can help them continue to set the standard for clean air and renewable energy," said David West, vice president of Raser Technologies and co-founder of the Plug-in Hybrid Development Consortium.
Raser has established PHEV development agreements with a leading global automaker and a leading automotive integrator to build a 100 mpg plug-in hybrid electric SUV using Raser's proprietary electric drive system and award-winning Symetron(TM) technology. SUVs and light trucks are the highest selling class of vehicles in the U.S. and also have the potential for the most improvement in emissions reductions and fuel economy. Raser also plans to offer 100-plus mpg plug-in hybrid SUVs and light trucks to other fleets through manufacturing partners for early demonstration.
"We look forward to showing how beneficial PHEVs can be for the environment by demonstrating them in our own fleet, and hope many of our customers will follow our lead to green up their fleets as well," said Efrain Ornelas, environmental technical supervisor of clean air transportation at PG&E.
PG&E is a national leader in providing its customers with clean energy. On average, more than 50 percent of the electricity PG&E delivers to its customers throughout its northern and central California service area comes from carbon-free sources. PG&E currently supplies 12 percent of its energy from qualifying renewable sources under California's Renewable Portfolio Standard (RPS) program.
PG&E became the first utility in the nation to publicly demonstrate the possibility of electric vehicles to supply homes and business with electricity at a Silicon Valley Leadership Group event in April 2007. PG&E also shared this technical expertise with Google in June 2007 to upgrade a number of company-owned PHEVs to be V2G capable for a demonstration at the search leader's Mountain View campus. More recently, PG&E entered into a project partnership with an electric vehicle manufacturer to further evolve vehicle-to-grid (V2G) technology by researching smart charging -- a form of V2G designed to allow remote control charging of electric vehicles connected to the power grid.
PG&E's PHEV/EV and V2G program is part of its broader strategy to develop innovative energy solutions that deliver the cleanest and most reliable power to its customers. In addition to its PHEV and dedicated electric vehicles, PG&E owns and operates one of the largest utility clean fuel fleets in the nation with more than 1,300 natural gas vehicles in a 10,000 vehicle fleet. PG&E's clean fuel fleet consists of service and crew trucks, meter reader vehicles and pool cars that run either entirely on compressed natural gas or have bi-fuel capabilities. Over the last 15 years, PG&E's clean fuel fleet has displaced over 3.4 million gallons of gasoline and diesel, and helped to avoid 6,000 tons of carbon dioxide from entering the atmosphere.
Source : http://www.automotive.com
(2/8/2008)
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BMW returns to ALMS
BMW returns to ALMS
Oh. My. God.
This is the sensational new BMW M3 race car, designed and built to compete in the American Le Mans series this year. Does funny things to your man-gland, doesn't it?
The new race car, unveiled yesterday at the Chicago Motor Show, will compete under the banner of Rahal Letterman Racing and marks BMW's return to the ALMS. Rahal Letterman Racing won 15 times between 1999 and 2001, including six consecutive victories in 2001 and a Petit Le Mans title.
RLR will field two of the V8-engined cars, and although the spec hasn't been released, expect the car to be quick with a capital F.
The 2008 ALMS kicks off at Sebring for the 12 hour race on March 15.
Source : http://www.topgear.com
(2/8/2008)
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Special Event Kurt Busch Has Miller Lite Car On Pole For Bud Shootout
Miller Lite Dodge crew chief Pat Tryson got the word that his blue No. 2 Miller Lite Dodge Team would start on the pole for Saturday nights Bud Shootout almost immediately after driver Kurt Busch drew the top starting spot just after 7:00 p.m. tonight here at Daytona International Speedway.
The last time Tryson had talked to or had seen his driver was some eight hours earlier. At 11:30 a.m. this morning, Tryson could be found consoling his driver as Busch lay on the hospital gurney in the infield medical center, being administered intravenous fluids.
Hes a skinny little dude, but hes as tough as nails,Tryson said of Busch late Thursday night. I told him this morning that his health is the number one priority and after seeing him laying there earlier today, I cant believe hes done all they tell me he has since then.
Busch had been bedridden with the flu at his Mooresville, N.C., home since Monday night. He mustered enough energy to make it down to Daytona Beach this morning, only to be ushered straight to the infield medical center and put under the resident physicians care.
Although an hour late, Busch was suited up and completed the afternoons hectic NASCAR Media Dayschedule before taking a break prior to the qualifying draw for Saturday nights special event for last years pole winners.
The 2004 NASCAR champ was admittedly weak, but incredibly joyous with the outcome of the draw.
I think its going to be an interesting race,Busch said. Im glad to be a part of it because you get to run with a tight group of competitors. These guys are tough and you get to learn with this new car.
Who knows? I mean I could be 23rd on the first lap just because of how violent the draft could be with the car,Busch added. Weve had packs of eight, maybe 10, but now weve got 23 that are going to hold it to the floor so well see what happens.
I think its great (to get extra track time with the new car here),Busch said. To come up with a unique way to start the season and to knock the rust off and to get out there before the rest of the field, there are only 23 of us that get the special treatment. You got to soak it up while you can.
While Busch is certain to start from the inside of the front row here on Saturday night, his status for practice on Friday is yet to be determined.
Just like I told Kurt this morning, he doesnt have to be in the car for early practice if he doesnt feel up to it,Tryson said. Well play it by ear and hopefully he gets a great nights rest and is ready to go tomorrow (Friday). Hes had a tough day here today and has already shown what a champion competitor that he is.
Friday practice sessions here at DIS are set from 4:15 p.m. till 5:00 p.m. and from 6:30 p.m. till 7:30 p.m. Saturday nights special 70-lap Shootoutaround the 2.5-mile track has an 8:00 p.m. EST starting time with FOX-TV and MRN Radio providing live coverage.
Source : http://www.theautochannel.com
(2/8/2008)
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Medialink and General Motors: GMC Denali XT Hybrid Concept Truck Deliver...
NEW YORK, -- GMC unveiled the Denali XT concept at the 2008 Chicago Auto Show. It offers a 50-percent increase in combined fuel economy over comparable small pickup trucks when running on gasoline, and it incorporates a new, muscular form in a performance-styled, hybrid sport- utility truck (SUT).
(See video from General Motorsat:
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1410474502
Due to length of URL, please copy and paste the link into your Internet
browser)
The Denali XT has a unibody architecture and rear-wheel drive, enabling its distinctive design and efficient performance. It builds on the equity of the Denali line and its reputation for advanced engineering and refinement, including the first combination of GM's two-mode hybrid system with an E85 ethanol-capable engine. Denali XT's new, more efficient 4.9L version of GM's small-block V-8 features fuel-saving technologies such as direct-injection technology and Active Fuel Management.
The engine is matched with GM's unique two-mode hybrid propulsion system, giving the powerful SUT exceptional fuel economy and uncompromising capability -- including all-electric drive at low speeds. It is a powertrain combination that makes the Denali XT perfectly suited to a variety of active lifestyle activities, such as hauling skis and snowboards to the mountain or towing a sport jet boat to the lake.
"Like all GMCs, the Denali XT is functional and capable, but it blends those traits with a more efficient, sporty driving experience," said Jim Bunnell, GMC general manager. "It is a vehicle that exemplifies GMC's engineering excellence, as well as GM's commitment to hybrid and advanced technologies."
With its unibody structure, the Denali XT is lighter than conventional body-on-frame trucks, with great ride-and-handling characteristics. This design enhances fuel economy while giving the vehicle a sporty driving experience. True to its GMC Professional Grade heritage, the Denali XT is filled with technologies and features that maximize its flexibility, including a cargo space-enhancing Midgate(r) and height-adjustable suspension.
Source : http://www.automotive.com
(2/8/2008)
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Spy s: 2009 Mercedes-Benz CLK
ARCTIC CIRCLE Mercedes-Benz is currently exposing its 2009 CLK to some cold-weather testing in northern Sweden. The new CLK was earlier seen testing on the streets of Stuttgart, but this is the first time it's been caught out in the snow.
Based on the same platform as the recently introduced Mercedes C-Class sedan, the next-generation CLK coupe shows signs of a similar design.
Engine choices aren't expected to change much. The current 3.5-liter V6 will most likely remain the base power plant, with the 5.5-liter V8 continuing as an option. Rear-wheel drive will continue as well, although there is speculation that 4Matic will be added as an option.
The CLK coupe is due out by late 2008, with a convertible version expected to follow in 2009.
Source : http://www.edmunds.com
(2/8/2008)
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New York Auto Show Preview: Dodge Challenger R/T and V6 Models To Debut
CHICAGO From the reading-between-the-lines department comes this little nugget: Dodge will unveil the R/T and V6 versions of its Challenger muscle car at the 2008 New York Auto Show in mid-March.
Asked repeatedly at the debut of the 425-horsepower Challenger SRT8 model at the Chicago auto show when we would see other variations on the Challenger theme, Chrysler Vice Chairman and President Jim Press said, "Just wait until New York."
We expect the R/T to come with a 340- or 350-hp 5.7-liter version of the company's Hemi V8 and a five-speed automatic transmission, just as R/T versions of Chargers and Magnums do. The V6 version will likely carry the 250-hp 3.5-liter six-cylinder and, if Dodge follows its own naming convention, will be dubbed the SXT.
One would hope that both will come to market without the "carbon fiber" stickers applied to the hood of the Challenger SRT8.
The SRT8 model starts at $37,995.
Source : http://www.edmunds.com
(2/8/2008)
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TEAM REPORTS Hinchcliffe Tops Sebring Pre-Season Test
James Hinchcliffe's reunion with Forsythe Championship Racing produced results instantly as the 21-year-old Toronto racer topped the timesheets at Sebring International Raceway during the first two days of official pre-season testing, Tuesday 5th and Wednesday 6th February, ahead of the 2008 Cooper Tires Presents The Champ Car Atlantic Championship Powered by Mazda.
Having made his debut in Atlantic competition with Forsythe Championship Racing back in 2006, scoring a maiden victory in Portland along the way, Hinchcliffe returned to the fold last month to pilot the #3 Swift Mazda-Cosworth for the Indianapolis-based team. The Canadian's return to Forsythe followed a highly competitive 2007 season in the category with James collecting five podiums, three pole positions and the prestigious Gilles Villeneuve Award on the way to fourth overall in the Driver Standings.
Happy to be back in action Hinchcliffe wasted little time in showcasing his credentials on Tuesday as testing started at the 1.669-mile Florida road circuit. In a 24-strong field that included an impressive blend of rookies and returnees, James recorded a total of 111 laps and powered his way to the top of the timesheets courtesy of a hot lap of 57.449s (104.587mph).
Wednesday's outing proved to be equally successful for Hinchcliffe and the Forsythe Championship Racing crew. Proving they weren't about to rest on their laurels both team and driver set to work improving upon the previous day's best lap time and they showed they meant business. James once again delivered the goods to sit P1 at the end of the test courtesy of a flying lap of 57.366s (104.738mph), the Ontario-native trumping his new team-mate, Mexico's David Garza, to the top spot after a competitive test for both Forsythe entries.
"I'm really excited about the new season," stated Hinchcliffe after the test. "Being back with Forsythe Championship Racing feels great, it feels like I'm back home to be honest. John Brunner's put together a really strong team for this year and everyone's really getting along well and working well together which is ultimately key to being quick and enjoying success on-track! Pre-season testing has gone really well for us but until you're stacked up against all the other cars it's hard to judge exactly where you're at.
"We were a little apprehensive before Sebring but cautiously optimistic at the same time. We all performed really well over the two day test with David (Garza) and I enjoying running at the front throughout. It's a good feeling to know that all the work and preparation you've done over the pre-season is starting to pay off! Obviously it's a confidence boost for us to be at the top of the charts but it doesn't win us any points and we don't race at Sebring. It's a good start but the proof will be when we start racing at Long Beach in April!"
California's Mazda Raceway Laguna Seca hosts official 'Spring Training' for the Champ Car Atlantic Championship field next month, Monday 10th - Tuesday 11th March with a final outing at MSR Houston later that month. Round 1 at Long Beach, California kicks off on Sunday 20th April.
Source : http://www.theautochannel.com
(2/8/2008)
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PRA director lobbies MPs on forecourt sectors woes
Ray Holloway, Director of the RMIs Petrol Retailers Association (PRA), held a meeting with a cross-part group of MPs on 6 February to discuss the current position of the forecourt sector, and what can be done to help secure its future.
Holloway said, Many fuel retailers barely clearing costs. There are now less than 9,500 forecourts in the UK, including supermarket filling stations. This is the lowest number of filling stations in the UK since 1912. The situation could become critical if the total number of forecourts continues to drop at the rate of recent years.
There is, he says, often little sympathy for fuel retailers, as the relationship between the price of a barrel of oil and the price at the pump is also often misunderstood: There is not a direct link. Changes in the price of a barrel of oil do not necessarily affect the price at the pump immediately, and at present this is being further distorted by the falling value of the pound.
The oil market operates internationally, and is based upon the US dollar. As a result the local impact can vary greatly based upon these and other variables. It is therefore a myth that retail prices always go up with the crude oil price, and fall more slowly.
The PRA believes that Government involvement is critical to save Britains fuel stations. Holloway explains: Structure plans developed by local authorities must allow for maintenance of essential services such as forecourts. Some business rate relief is available to forecourt operators in rural areas but not in urban locations. From the evidence available they must extend this minimal support.
The Scottish Executive has a grants scheme available to assist forecourt retailers in Scotland with capital investment. The idea is to preserve businesses, and contribute to the continuation of fuel availability in all areas. Westminster must consider a similar scheme for England and Wales.
Source : http://www.autoindustry.co.uk
(2/8/2008)
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Republic Companies, Inc. Acquires Four Corners Insurance Services, Inc.
Dallas, -- Republic Companies, Inc. (Republic) announced that it has acquired Four Corners Insurance Services, Inc. (Four Corners), a general agency based in Phoenix, Arizona. Four Corners specializes in non-standard auto insurance coverages produced through independent insurance agents in Arizona, Oklahoma, Oregon, Utah and Washington, D.C. Philo Smith Capital Corp. served as Four Corners' broker in this transaction.
"We are excited about our acquisition of Four Corners," said Parker W. Rush, President & Chief Executive Officer of Republic. "Four Corners will provide a proven profitable platform for writing non-standard auto business with its advanced policy management system and help us to provide bilingual services to the growing Hispanic market and expand our geographic reach. In addition, we plan to have Four Corners provide its services to develop non-standard auto business products for us in Louisiana, Mississippi and Arkansas over the next several months. We are pleased to welcome Mitchel Slater, President, and Robert Heveri, Vice President, of Four Corners, and their team to our organization, and we look forward to the company's continued success as part of The Republic Group."
Mitchel Slater commented, "We are very pleased and energized by our sale to The Republic Group. This affords Four Corners the opportunity to expand our geographic spread and deliver enhanced personal lines services and products to our loyal agency force. We eagerly look forward to the future and bringing to our markets all the resources that The Republic Group has to offer."
Source : http://www.automotive.com
(2/8/2008)
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Caparo to build body structure of Tata Nano
LONDON: The body structure of Tata Motors' Rs one lakh car Nano will be built by NRI industrialist Lord Swraj Paul-owned Caparo Group.
Selected inner structural panels will be pressed and assembled by Caparo at a new facility at Singur in West Bengal. The unit is adjacent to Tata Motors' plant where Nano will be manufactured.
Caparo, the maker of the world's highest performance road-capable hyper car, the Caparo T1, will supply 60 per cent of these assemblies. The remaining would be manufactured in-house by Tata Motors.
To meet Tata's ambitious cost targets, Caparo has installed a new semi-automated production line with zero fault forward quality control systems.
"The body technology is relatively conventional, but the manufacturing technology is the result of very sophisticated analysis to ensure high-quality, low-cost production," Caparo Group CEO Angad Paul said on Friday.
Source : Economic Times
(2/9/2008)
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HomeNet to Showcase IOL Enhancements & Private Label Wine at 2008 NADA Convention
WEST CHESTER, Pa.-- -- HomeNet, Inc. is set to exhibit at the 91st NADA Convention and Expo, February 9-12 in San Francisco, CA. Located at Booth # 3601W, the rapidly-growing automotive technology provider will unveil several new upgrades to its popular Inventory Online (IOL) marketing suite. As a special gift to dealers, HomeNet will be giving away free bottles of its private-label Cabernet Sauvignon 2005 to those who participate in a full IOL product demonstration.
This will be the sixth consecutive year we have exhibited at NADA and we are more excited than ever to be a part of this tremendous event,stated HomeNet CEO Jesse Biter. As an organization, we really feel that we are bringing some significant momentum with us to San Francisco this year. IOL recently surpassed another major milestone and now markets 2.5 million vehicles at over 11,000 dealer locations nationwide. We have some very powerful new features that will further cement IOLs position as the most comprehensive vehicle inventory management and marketing solution in the industry.
HomeNets team of Internet Marketing experts will be on hand to showcase new IOL product enhancements including: CARTXT, an application that instantly sends vehicle information to mobile phones; Lease It Now, an integrated system that provides on demand lease payment information; VideoLink, a multimedia video marketing system; IOL Auction Manager, an integrated eBay management and Craigslist distribution tool; and IOL Price Analysis System, a new service which helps dealers to better price their inventory. In addition, convention attendees will also get to preview the new and improved Pocket IOL, a handheld vehicle marketing device that enables dealers to take their own s with ease.
HomeNets Inventory Online (IOL) is a vehicle inventory management and marketing system, designed to help automotive dealers sell more cars online. IOLs suite of web-based software applications streamline the process of converting raw vehicle data from the DMS (dealer management system) into consumer-friendly virtual advertisements anywhere on the Web. Complete with DMS polling, Premium VIN Enhancement, an intuitive online interface, automated distribution to 3rd-party services, and much more, IOL is the most comprehensive solution serving the automotive industry.
HomeNet, Inc. is a privately owned automotive technology provider. Founded in 1996, HomeNet's core focus is providing innovative technology solutions to help automotive dealers increase online sales. HomeNet offers its products to a variety of customers including dealers, OEMs, website providers, CRM providers, digital lot management firms, finance/leasing agents, auction agents, and more. The company is based on Christian principles and is headquartered in West Chester, PA, with satellite offices in FL, GA, IA, TN, TX, and UT.
Source : http://www.businesswire.com
(2/9/2008)
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Tesla Makes Plans To Go Public With Stock Offering
SAN CARLOS, California Tesla, the San Carlos, California-based electric-car maker plans to go public later this year or early next a normal step for entrepreneurial start-ups seeking to broaden their capital base and return a profit to their initial investors, who usually sell big blocks of their stock in an initial public offering.
A so-called IPO would let the company leverage the battery and power-management technologies it has developed in the five years it has been working on its $100,000 roadster, now slated to go into production on March 17.
Tesla's plans were confirmed to Edmunds' Green Car Advisor this week by Marketing Vice President Darryl Siry and reiterated by Tesla Chairman Elon Musk at an investors' conference in the desert golfing resort of Indian Wells, California.
So far, the company, founded in 2003, has been operating on funds raised from venture capital funds and private investors including Musk, co-founder of Pay Pal; eBay co-founder Jeff Skoll and Google founders Sergey Brin and Larry Page.
The company has been roiled lately by the ouster of co-founder Martin Eberhard, followed by layoffs of a number of top engineers and the firing of its outside public relations firm.
Many have taken all that as a signal of financial trouble, but Siry said Tesla so far has raised $105 million to finance operations. The company also is about to close an additional $40 million round of fund-raising.
At the investors' confab, Musk reiterated that Tesla is moving ahead with plans for a midsize electric sedan in the $50,000-$60,000 price range and code-named White Star, followed by a small electric city car that it would produce in volumes of 100,000 a year.
He said Tesla is considering partnering with another automaker, most likely a foreign company seeking a foothold in the U.S., to build the small car, code-named Blue Star.
Source : http://www.edmunds.com
(2/8/2008)
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2/8/2008
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