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Zeroshift Honoured with the 2007 Frost & Sullivan Company of the Year Award
2007-04-10 11:45:00
Frost & Sullivan confers the 2007 Comp any of the Year Award in the European powertrain market upon Zeroshift. In presenting this Award, Frost & Sullivan commends the company's technological leadership in automated manual transmissions (AMTs) and its efforts to gain improved visibility in the OEM market.By 2013, AMTs are expected to account for about ten per cent of the European powertrain market. As a result, the majority of transmission technology manufacturers are aligning their product portfolios accordingly."Apart from the passenger vehicle industry, Zeroshift is looking at commercial vehicles, marine applications and construction vehicles, which offer high potential for the application of AMTs," notes Frost & Sullivan Research Analyst Mr. Kaushik Madhavan. "Being one of the first entrants into these markets, the company is likely to have the leading-edge in terms of partnering with local OEMs for customised AMT applications."The company's AMT functions on a dog box system...
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DaimlerChrysler Truck Financial Announces Regionalization Initiative to Imp
2007-04-10 11:44:00
* Sales and Credit departments will be linked across four regions* Newly-formed Small Business Credit complements Fleet and Dealer creditDaimler Chrysler Truck Financial today announced a comprehensive regionalization initiative that will improve service to Freightliner, Sterling and Western Star dealers and all industry segments across four regions of the United States encompassing the Eastern, Central, Southern and Western sections of the country.The four components of this new initiative operating on a regional basis will be Sales, Fleet Credit, Dealer Credit and a brand new Small Business Credit department.Geoff Robinson, Director -- Sales, Marketing and Remarketing, for DaimlerChrysler Truck Financial, previewed the new initiative to dealership Finance & Insurance professionals at the business unit's annual Truck Series business meeting for Freightliner, Sterling and Western Star dealers."This approach to customer service will enable our Sales and Credit people to share knowled...
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Green Automotive Future to Be Discussed by Industry Strategists from Toyota
2007-04-10 11:43:00
TechKnow Forums Announces Alternative Fuels Program June 12; Jean Jennings of Automobile Magazine will HostAutomotive insiders, brought together by a consortium of private industry, academia and non-profit organizations in the Ann Arbor region, will present an interactive forum on alternative fuel vehicles, the opportunities that exist and the challenges looking beyond oil. "TechKnow: Alternative Fuel Cars, So What's the Plan?" will be held 4-8 pm June 12 at the University of Michigan (U of M) Power Center.Jean Jennings, popular speaker and president of Automobile Magazine, will moderate a panel of leading experts from Toy ota , GM, Tesla Motors, Ford, the U of M Center for Automotive Research and others. The program will feature multi-media presentations, roundtable discussions and product demos, as well as audience participation and interaction.Discussion will revolve around the future of alternative fuel vehicles, the state of current research, infrastructure challenges and how co...
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Toyota Mobility Donates Vehicles to Two Young Vets Wounded in Iraq
2007-04-10 11:40:00
Toyota Motor Sales, U.S.A., Inc. and auto show management presented two modified vehicles to veterans wounded by improvised explosive devices during their tours in Iraq at the opening ceremonies for the New York International Automobile Show (NYIAS) this week.U.S. Army vet Luis Puertas, 20, of Long Island City, Queens, checked out his new wheelchair-accessible 2007 Toyota Sienna Rampvan outside the Javits Convention Center. He lost both legs when an IED exploded under his Humvee in Baghdad last September.Luis was fitted with two prosthetic legs at Walter Reed Army Hospital. Although he can now walk short distances, the Sienna Rampvan will greatly increase his mobility. It was extensively modified, first by BraunAbility of Winamac, Ind., which lowered the floor 10 inches and added a powered wheelchair ramp. After evaluating his needs, J. Bussani, Inc. can install a wheelchair docking device and hand controls at its facility in Bethpage, N.Y., so that Luis can drive the Sienna unaided...
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Mitsubishi Motors Thailand Uses Intelligent Communications from Avaya to Ma
2007-04-10 11:40:00
Avaya Communication Manager 4.0 IP telephony software delivers critical business continuity featuresAs a leading operator of assembly plants for passenger cars and pickup trucks, Mitsubishi Motor s (Thailand ) Co. Ltd., places a premium on seamless, uninterrupted access to its communications network in order to keep its operations running smoothly.With more than 45 years of operation in Thailand, the company currently has over 4,000 employees, and 142 showrooms and service centers nationwide. Focusing on world-class production technology, Mitsubishi Motors Thailand has exported more than 900,000 vehicles to 140 countries around the globe."In our incredibly competitive business, seconds lost in communications costs us money and can even erode our competitive edge," said Padung Tangmeesang, corporate general manager -- Office of Information Technology, Mitsubishi Motors Thailand.As a result, the company has chosen to implement new IP telephony software with rigorous business continuity ...
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AIAM Statement on Vermont Greenhouse Gas Regulations Lawsuit
2007-04-10 11:39:00
Association of International Automobile Manufacturers (AIAM)* President and CEO Mike Stanton issued the following statement today:Who is AIAM? "The Association of International Automobile Manufacturers is one of two automotive trade associations challenging the Vermont rule. Its members are the international automobile manufacturers operating in the United States, including: Aston Martin, Ferrari, Honda, Hyundai, Isuzu, Kia, Maserati, Mitsubishi, Nissan, Peugeot, Renault, Subaru, Suzuki and Toyota. These companies account for approximately 40 percent of all new passenger cars and light trucks sold annually in the United States. More than 50 percent of these vehicles are built in this country."What is AIAM's position on the need to reduce greenhouse gas emissions from motor vehicles?"AIAM has consistently recognized the need to reduce greenhouse gas emissions from cars and trucks. Many of our member companies are leading the industry in developing advanced technologies to address gl...
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Azure Dynamics Signs Supply Agreement with Electro Autos Eficaces of Mexico
2007-04-10 11:37:00
Azure Dynamics Corporation (TSX: AZD) (LSE: ADC) ("Azure" or the Company") a leading developer of hybrid electric and electric powertrains for commercial vehicles, today announced it has signed a supply agreement with Electro Auto s Eficaces of Mexico ("EAE").The initial order is for 1,000 drive systems for integration into the Nissan Tsuru platform, which is commonly used in the municipal fleet of Mexico City. The Tsurus are being converted from gasoline-powered vehicles to electric vehicles as part of Mexico City Mayor Marcelo Ebrard's initiative to improve air quality and general health and quality of life in the city. Mayor Ebrard will drive the first converted vehicle to the International Electric Vehicle Forum on May 8, 2007 in Mexico City. The balance of the 1,000 vehicles will be converted over the following 18 months. Azure's scope of supply for the 1,000 drive systems includes the motor, controller, gearbox and DC-DC converters and is valued at more than CDN$7.0 million.C...
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Rockford Fosgate, Nissan Motors to Display New 2008 Nissan Titan Show-Truck
2007-04-10 09:39:00
Rockford Corporation (NASDAQ:ROFO) today announced its collaboration with Nissan , XM Satellite and other key partners to demonstrate the potential of the new 2008 long wheelbase Nissan Titan at the New York International Auto Show (NYIAS) in April 2007.The truck, packed with audio along with aftermarket wheel and suspension treatments, will highlight the increased capabilities of the new, longer wheelbase 2008 model, which offers greater cargo and utility space than previous crew cab models."A powerful Rockford Fosgate audio system is perfect for this huge new truck," said Joe Dahlquist, OEM Marketing Specialist, Rockford Corporation. "When we haul several Kilowatts of amps and a couple dozen big speakers, we can get it there fast strapped down in the back of the Nissan Titan. Of course for the New York show, we'll play XM live at concert volume levels."Rockford Fosgate's custom factory system for the Nissan Titan uses 400 watts and 9 speakers, plus an 8-inch subwoofer. Rockford F...
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Fall Out Boy To Delay Start of Honda Civic Tour
2007-04-10 09:37:00
Fall Out Boy Headlines 2007 Honda Civic Tour - On Sale Now -with +44, The Academy Is ... , Paul Wall and Cobra Star ship Begins May 11th in DenverFall Out Boy announces that due to personal issues beyond the band's control, the first few weeks of The Honda Civic Tour have been delayed. These shows will be rescheduled to the end of the tour.Fall Out Boy bassist Pete Wentz says, "Just wanted to give everyone a heads up, we are planning on this being the biggest and best Fall Out Boy show that we could possibly have. Unfortunately, because of some personal issues we had to delay the tour a few weeks. We want to put on the best possible show we can and know that this extra couple of weeks will give us the time to put ourselves in the right place to put on the best show we can. The shows from the earlier part of the tour will be rescheduled to the end but all tickets will be honored for all moved shows. Again we apologize. Our fans really mean the world to us and I promise the wait will ...
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Supreme Court Ruling on Greenhouse Gases Reinforces Need to Consider Lightw
2007-04-10 09:36:00
Aluminum Sets the Standard for Others to FollowReacting to this week's Supreme Court ruling that the U.S. Environmental Protection Agency can regulate auto emissions associated with global warming, The Aluminum Association, Inc. noted that the application of light weight materials, along with other advanced technologies, represents an excellent option to help automakers reduce greenhouse gas emissions."Lighter cars and trucks consume less fuel and produce fewer tailpipe emissions which are linked to global warming. Clean diesel, ethanol, hybrids and even fuel cells all offer incredible potential, and lightweight materials such as aluminum can greatly enhance each of these promising technologies. Among material options, high strength, low weight aluminum is well positioned to help automakers improve the fuel economy and environmental performance of their products," said Steve Larkin, President of the Aluminum Association, Inc.The application of automotive aluminum has increased unin...
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Dash Hits the Streets with Unique Nationwide Road Test Program
2007-04-10 09:34:00
Company Recruiting 2,000 Frustrated Commuters in Preparation for Fall LaunchDash Navigation(TM), Inc. today announced plans to recruit 2,000 drivers to "road test" the Dash Express(TM), the first Internet-connected automotive GPS. The company recently completed a successful six-month field trial in the San Francisco Bay Area. Now, Dash is turning traditional auto navigation testing upside down by crisscrossing the country to actively engage thousands of consumers in the process. Commuters eager to be the first to test drive the Dash Express are encouraged to apply by visiting their website."We're committed to doing whatever it takes to deliver a great consumer experience," said Dash Chief Executive Officer Paul Lego. "The only way to do this well is to hit the road and reach out to the community for real-world input and feedback. This program also allows us to begin building our national Dash Driver Network immediately."With its unique set of connected features, the Dash Express go...
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New York Yankees Welcome Ferrari 60 Relay
2007-04-10 09:31:00
The celebrations for the 60th Anniversary of Ferrari continued today as New York Yankees Manager Joe Torre welcomed Ferrari's latest model, the Ferrari 599 GTB Fiorano, into Yankee Stadium. Torre was presented with the Ferrari 60 Relay baton which is being passed from country-to-country at events which are taking place on five continents around the globe this year.The relay involves over 10,000 Ferrari owners and their cars of all ages. They act as symbolic "bearers" of a specially commissioned relay baton adorned with 60 badges symbolizing the most extraordinary events in the Marque's 60- year history.The Ferrari 599 GTB Fiorano which drove into Yankee Stadium was number 1492 in the Relay, symbolizing a link to the year in which the Americas were discovered.The relay started in Abu Dhabi and made its way across the Middle East to Asia, Australia and Africa before arriving in the Americas, where events were held in Miami, Sao Paolo, Mexico City, San Francisco, Silicon Valley, Los ...
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Scion Announces Pricing for All-New 2008 Scion xB
2007-04-07 11:51:00
Scion, of Toyota Motor Sales, U.S.A., Inc., announced manufacturer's suggested retail prices (MSRP) today for the all-new 2008 Scion xB."Owner feedback was a tremendous asset in helping us build the second-generation Scion xB," said Mark Templin, Scion vice president. "Scion created an xB that is larger and more powerful than the previous generation with a healthy dose of attitude."The all-new 2008 Scion xB is powered by a 2.4 L dual overhead-cam four-cylinder engine with Variable Valve Timing with intelligence (VVT-i) which produces 158 horsepower, 55 more than the previous generation. The xB features either a five-speed manual transmission or a four-speed automatic with sequential shifting, a first for automatic four-speeds in the Scion line-up.Riding on an all-new chassis, this Scion xB is now a foot longer and almost three inches wider than its predecessor.The 2008 Scion xB comes generously equipped with standard features including Vehicle Stability Control (VSC) with Traction ...
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Chrysler Group Sales Outside North America Reach Record Levels in March 200
2007-04-07 11:46:00
March 2007 was the best sales month ever for Chrysler Group's operations outside North America 22 Consecutive months of year-over-year sales gainsFirst quarter sales outside North America increased 13 percent over the same period last yearThe Dodge brand led international growthDodge Caliber was Chrysler Group's top-selling vehicle year-to-date through MarchMarch 2007 was the best sales month ever for Chrysler Group's operations outside North America and marked 22 consecutive months of year-over-year sales gains. March sales grew 18 percent over the same month in 2006, and closed with 22,375 units sold. For the first quarter, sales outside North America increased 13 percent over the same period last year, with 52,570 units sold."The efforts of our sales teams in all of our International regions contributed to this month's performance," said Thomas Hausch, Executive Director of International Sale s and Marketing. "We have said that our business outside North America has a key role ...

Subaru Debuts All-New 2008 Subaru Impreza 2.5i and 2008 Subaru Impreza WRX
2007-04-07 11:45:00
2008 Suba ru Imprezas Boast All-New Styling and Two New Body StylesNew and More Refined Interior Delivers Improved Comfort, Space and UtilityAvailable Vehicle Dynamics Control (VDC)Subaru today unveiled the all-new 2008 Subaru Impreza 2.5i and its performance icon cousin, the 2008 Subaru Impreza WRX at the New York International Auto Show (NYIAS). With new, more sophisticated styling and two new body styles, a 4-door sedan and a 5-door model, the Subaru Impreza 2.5i and Subaru Impreza WRX breathe new life into the compact performance market. The new Impreza models take a giant leap forward in terms of comfort and utility, while delivering the handling, performance and Subaru Symmetrical AWD that made the original Impreza such a success. Also new for 2008, is the availability of Vehicle Dynamics Control (VDC) on both the Impreza 2.5i and Impreza WRX.In 2001, Subaru changed the face of the performance market with the introduction of the original WRX, a car that could deliver turbocharg...
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DENSO Honored by General Motors as a 2006 Supplier of the Year
2007-04-07 11:43:00
DENSO International America was presented the General Moto r s 2006 Supplier of the Year award for its overall business performance in providing GM with world-class parts and services. The 15th annual award -- themed the "Best of the Best" -- was given during ceremonies Saturday, March 31 at the JW Marriott Orlando Grande Lakes in Orlando, Fl."We are proud to honor DENSO as one of the 'Best of the Best' GM suppliers in 2006," said Bo Andersson, GM group vice president, Global Purchasing and Supply Chain. "DENSO achieved the award based on outstanding performance in 2006. We appreciate their energy, hard work and dedication to the success of GM.""DENSO is honored to receive the Supplier of the Year Award for four different products this year," said Terry Helgesen, senior vice president, Marketing Division, DENSO International America. "This would not be possible without the hard work and dedication of all of our manufacturing, engineering and sales employees who are committed to prov...
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Ford Motor Company Proxy Reports 2006 Ford Executive Compensation
2007-04-07 11:43:00
DEARBORN, Mich., April 5 /PRNewswire-FirstCall/ -- Ford Motor Comp any (NYSE:F) today filed its 2007 proxy statement with the Securities and Exchange Commission. The statement outlines compensation for select executives, including William Clay Ford, Jr., executive chairman and former chief executive officer, and Alan Mulally, president and chief executive officer.The proxy includes a table summary of the total annual compensation provided, granted to, or received by, each of the named executives for 2006. It is important to note that the amounts shown in the Summary Compensation Table associated with stock and option awards reflect the company's accounting expense recognized in our 2006 financial statements for these awards and do not correspond to the actual value that may be recognized by the named executive. Because some of the equity awards have vesting conditions, their costs generally are recognized over multiple years, and the dollar amounts shown generally reflect the compan...
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Audi Ranks High in Latest IIHS Safety Study
2007-04-07 11:42:00
IIHS Study measures effectiveness of head restraint systems in rear-end crashesThe Insurance Institute for High way Safety (IIHS) today released the results of their latest study measuring the effectiveness of head restraint systems in a rear-end crash. Audi had three models rated as "good" by the IIHS; the Audi A4, Audi S4, and Audi A6, and is one of only two manufacturers to have achieved this. Audi also is the only manufacturer to have three models rated "good" in head restraint tests as well as two "Top Safety Picks" from the IIHS in 2007.In the test, the IIHS simulates a rear-end collision by a vehicle traveling 20 mph. The IIHS then rates the effectiveness of the head restraints in preventing whip-lash injuries."The geometry of a head restraint has to be adequate, and so do the stiffness characteristics of the vehicle seat," said Institute president Adrian Lund. "Then the seat and head restraint have to work in concert to support an occupant's neck and head."This is just the l...
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Hyundai Adds XM as Standard Feature on All-new Hyundai Veracruz and Future
2007-04-07 11:41:00
XM also now available on 2007 Hyundai Azera, 2007 Hyundai Elantra, 2007 Hyundai Santa Fe and 2007 Hyundai Sonata modelsXM (NASDAQ:XMSR) , the nation's leading provider of satellite radio with more than 7.6 million subscribers, today announced its continued expansion as a factory-installed, standard feature across the Hyundai vehicle lineup. New vehicles with standard XM include the all-new Veracruz midsize crossover on sale now and Hyundai's upcoming premium sports sedan. A concept of the future sports sedan was revealed today at the New York International Auto Show (NYIAS).XM Radio is already a standard, factory-installed feature on all 2007 Azera, 2007 Hyundai Elantra, 2007 Hyundai Santa Fe and 2007 Hyundai Sonata audio systems."Hyundai customers come to expect unique and innovative style and technology, along with performance, comfort and safety across our diverse product portfolio," said John Krafcik, vice-president of product development and strategic planning, Hyundai Motor ...
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Alcantara Inside Hottest Rides at NYIAS 2007
2007-04-07 11:40:00
Luxurious, Functional Material Not Just Used For SeatsNEW YORK, April 5 /PRNewswire/ -- Autos on display at the 2007 New York International Auto Show come in all shapes, sizes, and paint jobs, but it's the vehicle with a stunning interior design that sets itself apart from the rest of the pack. This year, many of the world's leading automakers and designers continue to use Alcantara(R) on everything from seats to steering wheels and headliners to create striking interior compartments that offer drivers a luxurious aesthetic with functional benefits.At this year's show, Alcantara(R) can be seen in vehicles including the Callaway C16 Corvette Convertible, Chevrolet Camaro Concept, Honda S2000 CR, and Mercedes-Benz CL65 AMG. The one-of-a-kind upholstery material is featured in foreign sports cars, domestic SUVs, and everything in between. Alcantara(R) only became available in American cars and SUVs from DaimlerChrysler, Ford and General Motors in the last year.The material's versat...
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New DOE Employment Opportunity Available in Hydrogen Production
2007-04-07 11:37:00
DOE seeks a dynamic, motivated, and highly-qualified lead chemical engineer to serve as the hydrogen production team leader within the Hydrogen , Fuel Cells, and Infrastructure Technologies Program in Washington, D.C.The team leader will function as the program's technical expert in hydrogen production; interface with DOE's offices of Science, Nuclear Energy, and Fossil Energy; monitor and leverage national and international partnerships; and provide input in developing DOE's directions in national policy and programs.Specific technologies managed will include hydrogen production from distributed natural gas and renewable liquid reforming, biomass gasification, solar high-temperature thermochemical, photoelectrochemical and biological, and hydrogen delivery (e.g., pipelines, compression, liquefaction, and tube trailers). U.S. citizenship is required.Applications must be received via:http://jobsearch.usajobs.opm.gov/getj ob.asp?JobId=55923967&AVSDM=4%2F5%2F2 007+4%3A56%3A51+PMby ...
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Statement of President & CEO of Continental Automotive Systems North Americ
2007-04-06 10:47:00
The following is a statement of William Kozyra, President & CEO of Continental Auto motive System s North America, one of the top suppliers of electronic stability control:"Today is a banner day in auto safety. The National Highway Traffic Safety Administration (NHTSA) announced that all new passenger cars and light trucks will be required to have Electronic Stability Control (ESC), a safety technology that may well be the most beneficial of our generation because of its ability to prevent many crashes, injuries and fatalities."ESC is an elegant enhancement that assists drivers in maintaining control during extreme maneuvers, helping to prevent rollovers and other loss-of- control crashes. Like other passive safety equipment, ESC does nothing until a driving situation demands a split-second response. Then, it becomes your very best friend."While safety belts and air bags are your first line of protection when a crash occurs, in many circumstances ESC works to keep you from getting to ...
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Hyundai Concept Genesis Premium Sports Sedan to Be Unveiled at NYIAS
2007-04-05 12:08:00
Rear-Wheel Drive and V-8 Engine Promise World Class Dynamics and RefinementHyundai will present the world debut of Concept Genesis during a press conference at the 2007 New York International Auto Show (NYIAS) on April 4. The concept car heralds the future architecture and design of a rear-wheel drive premium sports sedan scheduled to grace the Hyundai lineup in 2008.""Concept Genesis extends our product range into new territories from a performance, design and packaging perspective," said Steve Wilhite, chief operating officer, Hyundai Motor America. "When it arrives in 2008 it will catapult Hyundai into competition against some potent rivals, and Genesis is up for the challenge."Concept Genesis rides on a prototype of Hyundai's all-new rear-wheel drive platform, signaling the brand's desire to broaden its appeal to discerning driving enthusiasts. Concept Genesis is powered by Hyundai's newly developed Tau DOHC 32-valve V-8 powertrain. Concept Genesis marks the beginning of prem...
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Amerigon Climate Control Seat System to Be Featured in the New 2008 Jaguar
2007-04-05 12:07:00
Amerigon Incorporated (NASDAQ:ARGN) , a leader in developing products based on advanced thermoelectric (TE) technologies for a wide range of global markets and applications, announced today that its proprietary Climate Control Seat (TM) (CCS(TM)) system will be offered for the front seats in the 2008 model year Jaguar XJ, Jaguar's flagship luxury full-size sedan sold throughout the world. The restyled 2008 Jaguar XJ models will reach Jaguar showrooms this summer, and are the first vehicles from Jaguar to offer Amerigon's actively heated and cooled seat system.In selecting the Jaguar XJ8L as its Top Car for 2006 in the $50,000+ category, AAA, North America's largest motoring and leisure travel organization, declared: "If your goal is to travel in ultimate style and comfort, few vehicles can compare." Now, for the 2008MY, CCS will further enhance Jaguar comfort as an option on the long wheelbase XJ8L and standard wheelbase Jaguar XJ8. Three additional Jaguar XJ models, the opulent J...
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US Automakers Launch New Website on Japan's Yen Subsidy Damage to US Auto I
2007-04-05 12:07:00
The Auto motive Trade Policy Council (ATPC), whose members include General Motors, Ford and DaimlerChrysler, announced today the launch of a new website focused on the harm that the Japan ese Government's "yen subsidy" -- resulting from the continuing misalignment of the Japanese yen -- is causing to U.S. automakers and the U.S. economy.The website provides information on how the Japanese Government ensures that the yen remains weak against the U.S. dollar, how that policy creates a substantial subsidy for Japanese exports, the advantage this subsidy gives to Japanese automakers, and the impact it has on U.S. auto manufacturers and the American economy. The website includes a real-time display of the value of the yen relative to the dollar as well as studies, fact sheets, news articles and press releases about yen misalignment. The site is targeted to policymakers and the media."Japan's yen subsidy provides the average imported Japanese car a $4,000 windfall cost advantage over U.S....
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Mazda to Offer Back Up Camera with Auto-Dimming Mirror Display System for M
2007-04-05 12:06:00
Having two sets of eyes -- one in the front of their heads and another in the back -- is something people all over the world have longed for since the beginning of time. Now, using a state-of-the-art rearview mirror-mounted liquid crystal display system, Mazda North American Operations (MNAO) will be the first automotive company in North America to give SUV owners the ability to clearly see what's happening behind the vehicle without taking their eyes off the road in front of them. The first of its kind to be installed in vehicles in the North American market, this rearview mirror-mounted Back Up Camera with Auto -Dimming Mirror Display will be available on Mazda CX-9 models not factory-equipped with DVD navigation systems -- giving drivers the ability to see the display screen and the rearview mirror simultaneously.When the vehicle is shifted into reverse, an LCD screen automatically appears within the reflective surface of the mirror, showing a real-time panoramic view of the area...
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Every 2008 Infiniti Model to Feature XM Radio as Standard, Factory-Installe
2007-04-05 11:57:00
XM is the Exclusive Satellite Radio Provider to Infiniti VehiclesXM (NASDAQ:XMSR) , the nation's leading provider of satellite radio with more than 7.6 million subscribers, along with luxury auto maker Infiniti, today announced that XM Radio will become a standard factory-installed feature on all 2008 Infiniti models. Infiniti vehicles featuring XM Radio are on display this week during the 2007 New York International Auto Show (NYIAS) at the Jacob Javits Convention Center.As the exclusive satellite radio service for Infiniti, XM will be a standard factory-installed feature on every 2008 Infiniti model, including the Infiniti G, Infiniti M, Infiniti FX and Infiniti QX."Becoming a standard, factory-installed feature for all 2008 Infiniti models is an important milestone for XM," said Steve Cook, executive vice president, Automotive, XM Satellite Radio. "Infiniti customers will find XM is a perfect complement to the Infiniti driver's experience."Additionally, XM NavTraffic, XM's rea...
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Volkswagen of America Announces 50,332 Vehicles Delivered Since the Beginni
2007-04-04 16:58:00
Volkswagen Jetta is top-selling modelVolkswagen of America delivered 50,332 vehicles to customers in the USA during the period January ? March this year. On a market heavily characterized by discount battles, in which Volkswagen does not participate, this figure is 5.6 percent lower than during the comparable prior-year period.The top-selling VW model is the Volkswagen Jetta with 21,564 vehicles delivered to customers, followed by the Volkswagen Passat (8,990) and Volkswagen's New Beetle including the Cabrio (6,176). In March, Volkswagen of America sold 17,355 vehicles, six percent higher than the prior month of February and 16.3 percent lower than the same month last year.Source: Volkswagen
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DaimlerChrysler Chairman Dieter Zetsche Confirms Talks with Potential Partn
2007-04-04 16:56:00
Approximately 8,000 shareholders expected at the Annual Meeting in BerlinCommitment to sustainable mobilityShareholders to decide on unchanged dividend of euro 1.50 per shareBERLIN, April 4 /PRNewswire-FirstCall/ -- Dr. Diet er Zetsche, the Chairman of the Board of Management of Daimler Chrysler AG (NYSE:DCX) , has confirmed for the first time that discussions have taken place with interested parties regarding future options for the Chrysler Group. "In this context, I can confirm that we are talking with some of the potential partners who have shown a clear interest," Zetsche is quoted as saying in the text of the speech he will deliver at the Annual Meeting 2007 in Berlin today. However, Zetsche continued, "But it is also true that we need to keep all options open, and that I cannot disclose any details, because we need to have the maximum scope for maneuver." The company's management requires "the greatest possible flexibility so that we can identify and then professionally impleme...
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Mercedes Car Group Delivers 286,800 Vehicles Globally in First Quarter 2007
2007-04-04 16:55:00
Record sales for Mercedes -Benz with 274,400 vehicles in first three monthsSuccessful market launch of Mercedes-Benz C-Class sedan and new smart fortwoMercedes-Benz E-Class posts strong growth in first quarterVery positive results for the Mercedes-Benz CLS-Class with more than 100,000 vehicles delivered to customers since its launchThe Mercedes Car Group delivered 286,800 vehicles to customers around the world in the first quarter 2007, compared with 295,000 in the same month last year. In March 2007, sales of Mercedes-Benz, Maybach and smart brand vehicles totaled 127,000 units (same month last year: 138,400). Deliveries of Mercedes-Benz for the first quarter increased three percent to the record level of 274,400 passenger vehicles (Q1 2006: 266,000 units). Following sales in March 2006 that were well above average (125,500), Mercedes-Benz sold 122,900 passenger cars in March 2007. This result makes this year?s March the second best sales month ever.The new Mercedes-Benz C-Class got...
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