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Automotive News
Our Automotive News coverage is updated daily with news and information from around the Internet, covering the latest developments in trucks, add-on components, racing, and the truck enthusiast lifestyle. Feel free to discuss any news in our Discussion Forum.
Tuesday, January 15, 2008
Privacy a gift most welcome
Privacy a gift most welcomeSydney Morning Herald - Mallya is also a well-known cricket tragic, and he is about to take formula one racing to India, hoping his 1.1 billion compatriots will embrace the motor sport as they have cricket. Last year Forbes magazine ranked him as the 664th wealthiest person U.S. health system has pair bound for ItalyRoanoke Times - Anna was watching Formula One racing on television. Larry came in the room, fretting about their health care. His worries distracted her. "Shut up, I'm watching the race," Anna said, laughingly recalling the conversation. "We'll move to Italy or AFS Trinity Unveils 150 MPG Extreme Hybrid (XH(TM)) SUVPR Newswire - Although AFS Trinity is not currently using flywheels in systems that are designed for consumer cars, it is actively engaged in developing flywheel power systems for Formula One Racing (F1) and is currently also engaged in developing such a system China's former F1 track chief sentenced to four yearsForbes - SHANGHAI (Thomson Financial) - The man who helped bring Formula One racing to China was sentenced on Thursday to four years in jail, the latest casualty of a massive Shanghai corruption scandal, state press and a court official said. Yu Zhifei, 55 BBC geared up for racy showVariety - Darren Star is going Continental, closing in on a pact with the BBC for an hourlong sudser set in the high-stakes, high-glamour world of Formula One racing. The "Sex and the City" creator will create and exec produce the project, which is being
posted by automotive-news # 8:15 PM
Garmin Previews New Mac Trip Planning Application
Garmin Previews New Mac Trip Planning Application OLATHE, Kan., Jan. 15 /PRNewswire-FirstCall/ -- Garmin International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), today announced that it has expanded its suite of Mac compatible applications to include waypoint, track, and route management. As with other Garmin applications, this new trip planning application is compatible with Mac OS X on Intel- and PPC-based Macs and may be used in conjunction with all Garmin USB devices. (Logo: http://www.newscom.com/cgi-bin/prnh/20061026/CGTH082LOGO) Thanks to this new application, Mac users will now be able to transfer waypoints, tracks, and routes between their Mac and Garmin device and manage their data using Garmin's rich catalog of map products. Users can search for points of interest from the convenience of their Macs and then send the locations to their Garmin GPS via a USB cable. These favorite points of interest will then be available for quick and easy reference on their Garmin GPS. In addition, customers who want to save and view all of their favorite waypoints or tracks on their computer, rather than their GPS, can send these with a few simple keystrokes. This new Mac trip planning application is being debuted as a pre-release version in time for the Macworld Conference & Expo. Garmin plans to include additional features to this application by the end of 2008 -- such as route editing and find by address function. Garmin, the world's leading GPS manufacturer, has released MapInstall, POI Loader, Training Center, WebUpdater, Garmin Communicator and Retail Map Update for the Mac. In addition, Garmin released a utility MapConverter, to convert your legacy PC based Garmin map products to Mac format. Garmin will distribute a complimentary copy of its current suite of applications at the Macworld Conference & Expo, January 15-18, 2008, in San Francisco. Those unable to attend Macworld can download the Mac compatible software for free immediately at http://www.garmin.com/macosx. About Garmin International Inc. Garmin International Inc. is a member of the Garmin Ltd. (NASDAQ:GRMN) group of companies, which designs and manufactures navigation, communication and information devices -- most of which are enabled by GPS technology. Garmin is a leader in the general aviation and consumer GPS markets and its products serve aviation, marine, outdoor recreation, automotive, wireless and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at http://www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. Garmin is a registered trademark of Garmin Ltd. or its subsidiaries. Anticipated product availability dates are based on management's current expectations and are not guaranteed. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved. Notice on forward-looking statements: This release includes forward-looking statements regarding Garmin Ltd. and its business. All statements regarding the company's future product introductions are forward-looking statements. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 30, 2006 filed by Garmin with the Securities and Exchange Commission (Commission file number 000-31983). A copy of Garmin's Form 10-K can be downloaded at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. First Call Analyst:
FCMN Contact: jessica.myers@garmin.com Photo: http://www.newscom.com/cgi-bin/prnh/20061026/CGTH082LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Garmin International Inc.
CONTACT: Jessica Myers of Garmin International Inc., +1-913-397-8200,
media.relations@garmin.com Web site: http://www.garmin.com/
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Profile: automotive-news
posted by automotive-news # 5:56 PM
2008 North American International Auto Show Announces Fun-Filled, Family-Oriented Attractions During Public Days, Jan. 19-27
2008 North American International Auto Show Announces Fun-Filled, Family-Oriented Attractions During Public Days, Jan. 19-27 Activities, show hours, tickets & parking info help attendees plan their visit to Cobo Center DETROIT, Jan. 15 /PRNewswire/ -- Public Days for the 2008 North American International Auto Show (NAIAS) in Detroit from Jan. 19-27 are jam-packed with fun, family-oriented activities all attendees can enjoy. (Logo: http://www.newscom.com/cgi-bin/prnh/20071004/CLTH058LOGO ) "This world-class event has so much to offer everyone from car enthusiasts who visit the show annually, to kids wanting to see their first concept vehicle," said Carl Galeana, senior co-chairman of the NAIAS 2008. "The cutting-edge technologies mixed with interactive attractions and entertaining displays offer an event perfect for the entire family." Family Attractions Manufacturers continue to create incredible exhibits with educational and action-packed activities and events that are expected to draw crowds. The thunderous Mach 5, Speed Racer's supercharged race car featured in Warner Bros. Pictures' new high-octane, live-action film, "Speed Racer," will be displayed Jan. 19-21 at NAIAS 2008 in Michigan Hall. This is a unique opportunity to see the Mach 5 before it jets into action on May 9, 2008, when "Speed Racer" opens in theatres nationwide. Families should keep their eyes peeled for "Speed Racer" themed giveaways at the show. As families venture downstairs to Michigan Hall, they will discover a host of spectacular games and realistic video simulators including exhibits from Denso International America, Inc., XM Satellite Radio, SIRIUS Satellite Radio, State Farm Insurance, MSU Formula Car, UMich Solar Car, DUB Magazine and many others. In addition, presenting sponsor, Sprint, will feature a special interactive display that showcases four 3/4-scale racing simulators throughout NAIAS Public Days. Also Secretary of State Terri Lynn Land is pleased to join the Michigan Sheriffs' Association to feature "The Convincer," a crash simulator that allows family members to feel how seatbelts save lives firsthand. The NAIAS also expects many local, national and worldwide celebrities to attend the show, so keep your eyes peeled! Getting to and from the Show NAIAS 2008 offers fast and easy options to help attendees have the best experience possible getting to and from the show. -- Plan in advance. Did you know that you can purchase a parking space in
advance? Click and Park is an online parking system that allows show
attendees the convenience of purchasing a parking space in select lots
near the NAIAS up to 24 hours prior to attending. Parking spaces can
be purchased through www.ClickandPark.com. Don't want to drive downtown? Shuttle services to Cobo Center from The
Henry Ford in Dearborn and the Detroit Zoo in Royal Oak are available
on Jan. 19-21, 26 and 27. Parking is $5 at these locations and
families can then take a shuttle for $5 per person round-trip directly
to Cobo Center, children 12 and under travel free. -- E-Tickets. To avoid long ticket lines, try purchasing e-tickets online
at www.naias.com. For families with small children, tickets for
children 7-12 must be purchased on-site at Cobo Center. Ticket prices
are $12 (US and CAN) for adults; $6 (US and CAN) for senior citizens
(65 and older) and children aged 7-12; children six and under are free
with their parent. -- What to bring to the show? Taking in the hundreds of vehicles and the
glitz and glamour on the show floor can be an all day event. Here are
some items to bring along to make your trip more enjoyable. Wear
comfortable shoes. Carry essentials in a light-weight backpack --
keeping your personal items close (keys, cell phone, camera), but out
of the way. Just in case you can't tear yourself away from the show,
bring along any necessary medication or other items you could need
throughout the day. Also, remember that hydration is your friend --
bottles of water or other beverages at snack locations are available
for purchase and will keep you cool while walking the show floor.
Don't forget to bring along your camera to snap those candid photos at
the show and submit them to www.naias.com by Sunday, Jan. 27 for entry
into the second annual NAIAS Photo Contest sponsored by WWJ Newsradio
950. At The Show
-- Pick up your tickets. E-tickets purchased online will be redeemed for
show tickets at the eTicket window, located outside the Oakland
entrance of Cobo Center with the online voucher. Or you can purchase
tickets on-site at the ticket booths on the Cobo Center concourse. -- Pick up your NAIAS program and show floor map. Program books and show
floor maps are available through the Cobo Concourse. Plot your route
and highlight exhibits you want to see. -- Get rid of the bulk. To maximize comfort, be sure to stop by coat
check to store winter coats. -- Be ready for security checkpoints. Keep purses, bags and jackets
accessible. All guests carrying purses, bags and jackets will be asked
to open them to scan for any restricted items. Metal detectors and
police dogs also will have a presence to ensure the safety and security
of all NAIAS attendees. -- Take a break. There are benches located throughout the show floor to
stop and take break along the way. Be sure to visit the NAIAS Food
Court located in Cobo Arena. There will be a variety of food and
beverage choices available for the entire family including pizza,
nachos, ice cream, hot dogs, deli sandwiches, burritos, gyro
sandwiches, philly cheese steak sandwiches and a wide array of sodas,
juices and adult beverages. To satisfy that sweet tooth, be sure to
enjoy some original Mackinac Island fudge at Ryba's Fudge Shop in Cobo
Arena and other locations on the show floor. These tasty stations
produce 600 pounds of fudge per day at NAIAS Public Days. NAIAS 2008 Official Dates
Public Days will be held Saturday, Jan. 19 through Saturday, Jan. 26 from 9 a.m. to 10 p.m. and Sunday, Jan. 27 from 9 a.m. to 7 p.m. Early access to the show is available for the disabled at 8 a.m. via the Oakland entrance.
The North American International Auto Show
Rod Alberts - Executive Director
Entering its 20th year as an international event, the North American International Auto Show is among the most prestigious auto shows in the world and is one of the largest media events in North America. The NAIAS is the only auto show in the United States to earn an annual distinguished sanction of the Organisation Internationale des Constructeurs d'Automobiles, the Paris- based alliance of automotive trade associations and manufacturers from around the world. The NAIAS Web site can be accessed at www.naias.com.
Don't Miss It for the World! First Call Analyst:
FCMN Contact: Photo: http://www.newscom.com/cgi-bin/prnh/20071004/CLTH058LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: The North American International Auto Show
CONTACT: Robin Thompson of John Bailey & Associates, NAIAS PR Desk,
+1-248-643-2450, rthompson@baileypr.com, or naias-media@baileypr.com Web site: http://www.naias.com/
http://www.clickandpark.com/
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Profile: automotive-news
posted by automotive-news # 4:11 PM
International Speedway to Host 2007 Fourth Quarter Results Conference Call
International Speedway to Host 2007 Fourth Quarter Results Conference Call DAYTONA BEACH, Fla., Jan. 15 /PRNewswire-FirstCall/ -- International Speedway Corporation (NASDAQ:ISCA) (BULLETIN BOARD: ISCB) ("ISC") will host a conference call to discuss the Company's fiscal 2007 fourth quarter and full year financial results on Thursday, January 24, 2008 at 9:00 a.m. Eastern Time. To participate, dial (888) 694-4641 five to ten minutes prior to the scheduled start time and request to be connected to the ISC earnings call, identification number 9494769. A live Webcast will also be available at that time on the Company's Web site, www.iscmotorsports.com, under the "Investor Relations" section. A replay will be available one hour after the end of the call through midnight Thursday, January 31, 2008. To access, dial (800) 642-1687 and enter the code 9494769, or visit the "Investor Relations" section of the Company's Web site. International Speedway Corporation is a leading promoter of motorsports activities, currently promoting more than 100 racing events annually as well as numerous other motorsports-related activities. The Company owns and/or operates 13 of the nation's major motorsports entertainment facilities, including Daytona International Speedway(R) in Florida (home of the Daytona 500(R)); Talladega Superspeedway(R) in Alabama; Michigan International Speedway(R) located outside Detroit; Richmond International Raceway(R) in Virginia; California Speedway(SM) near Los Angeles; Kansas Speedway(R) in Kansas City, Kansas; Phoenix International Raceway(R) in Arizona; Chicagoland Speedway(R) and Route 66 Raceway(SM) near Chicago, Illinois; Homestead-Miami Speedway(SM) in Florida; Martinsville Speedway(R) in Virginia; Darlington Raceway(R) in South Carolina; and Watkins Glen International(R) in New York. In addition, ISC is a limited partner with Group Motorise International in the organization and promotion of certain events at Circuit Gilles Villeneuve in Montreal, Canada. The Company also owns and operates MRN(R) Radio, the nation's largest independent sports radio network; the Daytona 500 Experience(SM), the "Ultimate Motorsports Attraction" in Daytona Beach, Florida, the official attraction of NASCAR(R); and Americrown Service Corporation, a subsidiary that provides catering services, food and beverage concessions, and produces and markets motorsports-related merchandise. In addition, ISC has an indirect 50 percent interest in a business called Motorsports Authentics(R), which markets and distributes motorsports-related merchandise licensed by certain competitors in NASCAR racing. For more information, visit the Company's Web site at www.iscmotorsports.com.
First Call Analyst:
FCMN Contact:
Source: International Speedway Corporation
CONTACT: Wes Harris, Senior Director of Corporate and Investor
Communications, of International Speedway Corporation, +1-386-947-6465 Web site: http://www.iscmotorsports.com/
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Profile: automotive-news
posted by automotive-news # 2:12 PM
Yamaha Revs Engines with New High-Performance Yamalube(R) Racing Oil
Yamaha Revs Engines with New High-Performance Yamalube(R) Racing Oil Following the recent introduction of its line-up of revolutionary new products, Yamalube releases professional-grade high-performance oil KENNESAW, Ga., Jan. 15 /PRNewswire/ -- Yamaha Motor Corporation has expanded its line of four-stroke Yamalube(R) motorsports oils with the addition of a high-performance 15W-30 formula designed for track and sportbike usage. This new lubricant joins Yamaha's recently released line-up of seven new oil formulations developed for the specific demands of the new generation of four-stroke motorsports engines. "The 15W-30 is the number one choice for our racing team, but it is also a great choice for super sport, Star(R) cruiser and off-road enthusiasts looking for the highest performance oil available," says John Tomsche Yamaha's Manager of Yamalube Product Development. Yamalube's 15W-30 high-performance oil is fully synthetic and fortified with ester to provide enhanced lubrication for high-revving applications on and off the track. Developed with cutting edge technology, the oil features include ashless detergents and a strong additive package that reduces residue buildup. The 15W-30 oil is JASO (Japanese Automotive Standards Organization) MA certified, which ensures the oil will not cause clutch slippage, corrosion or leave ashy deposits. These features combined keep the inside of the engine clean for superior performance and engine longevity. "We're extremely proud of this new formulation. It provides the kind of high-performance results that Yamalube stands for," says Tomsche. About Yamalube Products Yamalube oils are designed, formulated, and developed by the same team of engineers who design Yamaha engines. These engineers specify the optimal ingredients to be used for the type of conditions in which the engine operates. All Yamalube performance oils undergo extensive testing in the laboratory and in the field to ensure customers get the best oil products possible. For more information, visit yamaha-motor.com or call 1-800-88-YAMAHA. First Call Analyst:
FCMN Contact:
Source: Yamaha Motor Corp.
CONTACT: Jason Berry of Yamaha Motor Corp., +1-770-420-5758,
jason_berry@yamaha-motor.com Web site: http://yamaha-motor.com/
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Profile: automotive-news
posted by automotive-news # 2:10 PM
New Year, New Car
New Year, New Car NADAguides.com Offers Lesser-Known Tips to Make Car Buying a Breeze COSTA MESA, Calif., Jan. 15 /PRNewswire/ -- The New Year is here and if you're in the market to buy a new or 'nearly new' car, the experts at NADAguides.com (http://www.nadaguides.com/) -- a leading vehicle pricing and information website -- offer the following lesser-known tips to help make your car buying experience easier. 1. Determine your budget. First and foremost, it's important to determine what you can afford to spend, or what you're willing to spend on that new ride. When considering this figure, know that in addition to a vehicle's actual retail price, there are many other costs to consider when determining your overall budget. Don't forget about tax, title, registration and related fees associated with buying a car, as well as any aftermarket add-ons that will impact its purchase price. Don't forget about additional monthly expenses for insurance, gas and maintenance and yearly expenses like vehicle registration. If you're financing, your credit history will impact the type of loan you qualify for and ultimately, your interest rate, which affects how much your monthly payment will be. Finally, manufacturer and dealer-oriented incentives and rebates can impact a vehicle's overall purchase price, so be sure to take these offers into your budget consideration. NADAguides.com offers online tools to help you determine your budget, including detailed pricing reports, a monthly payment calculator, incentives and rebates information, and free finance, insurance and warranty quotes. 2. Find what you need. Buy what you want. It might sound easy enough, but finding your perfect car can be difficult. The best place to start is to consider how you'll use it. Are you driving long miles to-and-from work or school and need a reliable and economical vehicle? Do you need a truck or SUV with hefty hauling or towing capacities? Are you looking for a work vehicle with plenty of cargo space? Are you an outdoorsman who needs a vehicle with off-road capabilities? When it comes to finding your perfect ride, determining how you'll use it is a great place to start. Next up, be sure to buy what you want if it makes good financial sense. "If you have your heart set on a particular make and model and you can swing it financially, buy it," said Don Christy, Jr., President and CEO, NADAguides.com. "There's nothing more frustrating than owning a vehicle for three, four or five years if you're not completely satisfied with it." NADAguides.com provides car buyers with detailed vehicle specification information, including EPA estimates, maximum payload and towing capacity, passenger and cargo capacity, standard equipment information, drive train and engine specifications and more. 3. Dare to compare. Comparison shopping is one of the most essential parts of car buying today. With online comparison tools like the one offered at NADAguides.com, shoppers can compare new cars against other new cars, new cars against used cars, or used cars against used cars. Side-by-side, in real time, buyers can evaluate which vehicles get better gas mileage, which cars offer more horsepower, which vehicles have larger passenger or towing capacities or which cars come equipped with manual or automatic transmissions. Additionally, buyers can compare things like standard equipment, luxury amenities, tire and wheel information, head and leg room and more. "Online comparison tools are like virtual car lots," said Christy. "The Internet lets you 'lift the hood' and 'look inside' to see which cars stack up better than others." In addition to side-by-side comparisons, NADAguides.com offers full-color interior and exterior photos and 360-degree views, as well as Expert and Owner Ratings for all types of new and used vehicles, to help buyers with their car buying research. 4. Locate your ride. The Internet makes it possible for buyers to search for, locate, submit a quote request and receive a call from a local dealer, from the comfort of their home or office. With dealer inventory search tools found online, buyers can search new and used cars offered by dealers or private party sellers, they can submit an online quote request to a dealer or contact a private party seller by email or phone, and they can receive price quotes by email or phone for the vehicle they're interested in buying. NADAguides.com allows buyers the opportunity to search new and used car listings from dealers and private party sellers in virtually every market in the U.S., including the opportunity to submit a quote request and receive a price quote for the vehicle they're interested in buying. 5. A 'hands-on' approach seals the deal. No amount of online research can replace the experience of an actual, physical test drive, so be sure to take that new or used car for a spin. You can test drive new or pre-owned vehicles at a local car dealership, you could ask a family member or friend who owns a similar vehicle to take their car for a ride, or you could rent a similar car with similar options for a day or two and spend some quality time examining and driving it before you make your final decision. If you're buying a used car that isn't accompanied by a warranty, solicit the help of a certified, reputable mechanic to inspect the used vehicle prior to purchase. It's always a great idea to get the vehicle inspected, especially if you're considering the purchase of an older vehicle with higher mileage or one that hasn't been routinely maintained or serviced. Finally, research whether the used car you're buying is covered under an existing warranty. In certain situations, the car may be covered under a manufacturer's certification program. Other times, it may be covered by an independent extended warranty of some kind. If you're unsure whether a guarantee exists for the vehicle you wish to buy -- or whether the warranty can be transferred to you, the buyer -- make a conscious effort to ask the seller ahead of time or contact the participating warranty company to find out. About NADAguides.com N.A.D.A. Appraisal Guides (NADAguides.com) is the world's largest publisher of vehicle pricing and specification information for new and used cars, trucks, vans, and SUVs, as well as van conversions, limousines, classic and collectible cars, boats, RVs, motorcycles, snowmobiles, personal watercraft and manufactured housing. The company's consumer website, NADAguides.com (http://www.nadaguides.com/), offers a variety of new and used vehicle services in addition to valuation information. Throughout its 75-year history, N.A.D.A. Appraisal Guides has earned the reputation as the recognized authority for vehicle valuations. Its website, NADAguides.com, is the most comprehensive vehicle information resource on the Internet today. First Call Analyst:
FCMN Contact:
Source: NADAguides.com
CONTACT: Jennifer Lange of NADAguides.com, +1-949-916-4820, cell,
+1-949-375-2350, jlange@nadaguides.com Web site: http://www.nadaguides.com/
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Profile: automotive-news
posted by automotive-news # 1:42 PM
AAA Michigan Rededicates New 'Green' Branch Office
AAA Michigan Rededicates New 'Green' Branch Office LEED (R) designed building is first of its kind in Birmingham, Mich. DEARBORN, Mich., Jan. 15 /PRNewswire/ -- AAA Michigan's brand new Birmingham branch is taking the LEED (R) when it comes to building "green." The branch will celebrate its grand reopening from 8:30 a.m. to 6 p.m. Friday (January 18) at 34802 Woodward Avenue in Birmingham, Mich. AAA has had a branch at this location since 1954, but the old facility was recently demolished to make way for a new building at the same location -- the first Leadership in Energy and Environmental Design (LEED) building in the city. LEED (R) is a green-building rating system established by the United States Green Building Council (USGBC). The new Birmingham branch has already earned recognition for its decision to build "green." The Southeast Michigan Chapter of the International Facility Management Association (IFMA) has selected the Birmingham branch as its "2007 Building of the Year." "The new design meets our vision to build green by choice," said Greg Demanski, director of Real Estate Services for AAA Michigan. "We now have an integrated design approach to optimize a building's environmental sustainability, performance and cost savings. Building green by choice supports our core values as a responsible corporate citizen in each of our service communities." According to Demanski, the new branch will yield reduced energy bills and healthier employees. The LEED (R) building offers many benefits. It: -- Uses energy, water, materials and land more efficiently. -- Creates appealing environments for members and staff with more natural
light and cleaner air to improve occupant health, comfort and
productivity. -- Achieves efficiencies in energy, water use and lower operating and
maintenance costs. -- Obtained materials from local areas to reduce air emissions and
petroleum consumption. -- Recycled demolition waste and used conscientious construction methods
to divert waste material from landfills. -- Uses renewable products to promote sustainability and specifies low-
emission paints, sealants and adhesives to improve indoor air quality.
"We look forward to serving our members in this state-of-the-art facility," said Birmingham Branch Manager Marilyn Bennett. "We think our members will be very pleased with our new branch."
AAA Michigan has 43 full-service branches throughout the state. The Birmingham branch employs 26 people and offers automobile, travel, insurance and financial services to more than 18,000 AAA members. AAA's array of services and products includes 24-hour Emergency Road Service, special member-only savings at thousands of retailers on auto, home, dining, travel and sports products and services. Special events will mark the official grand opening for employees and members throughout the day on Friday. AAA's "Ready ... Set ... Winter" seminar will review winter driving skills (10-11 a.m.). There will also be safety displays and Child ID available. Members and visitors can also discover what kind of discounts are available from AAA's Show Your Card and Save(R) retail partners, discover dozens of vacation specials from AAA Travel Agency and enter for a chance to win a AAA gift certificate. Refreshments will be provided. For more information, call 800-222-4419. First Call Analyst:
FCMN Contact:
Source: AAA Michigan
CONTACT: Jim Rink, +1-313-336-1513, or Nancy Cain, +1-313-336-1514, both
of AAA Michigan Web site: http://www.aaa.com/
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Profile: automotive-news
Start Your Engines! NBC Orders Pilot for International Hit Series 'Top Gear' From BBC Worldwide America
Start Your Engines! NBC Orders Pilot for International Hit Series 'Top Gear' From BBC Worldwide America BURBANK, Calif., Jan. 15 /PRNewswire/ -- NBC has ordered a pilot for the international hit series "Top Gear" from BBC Worldwide America it was announced today by Ben Silverman, Co-Chairman, NBC Entertainment and Universal Media Studios. The world's leading car series franchise features unique celebrity guest participation and high-adrenaline action entertainment. (Logo: http://www.newscom.com/cgi-bin/prnh/20070917/NYM028LOGO) "'Top Gear' is a proven international hit which fits perfectly into NBC's line-up of programming with male appeal, including 'Sunday Night Football' and 'American Gladiators,'" said Silverman. "We're always looking for innovative ways to partner with our advertisers and this show offers a great platform for the latest in car culture." "We've had our eye on 'Top Gear' for a while now and think this show can really click with viewers," added Craig Plestis, Executive Vice President, Alternative Programming, Development and Specials, NBC Entertainment. "The concept taps into America's obsession with cars and is unlike anything else on television." "Since its revival over five years ago, the UK show has been a phenomenal success. The bar has been set so high, that replicating it will be the challenge -- one we truly relish," said Paul Telegdy, Executive Vice President Content and Production for BBC Worldwide Americas. "Casting is well underway and we are confident that Americans will fall in love with the attitude and irreverent spirit of 'Top Gear.'" One of the UK's most popular all-time television franchises, "Top Gear" will feature super-cars, extreme stunts and challenges, time trials and road tests, and assess the performance of some of the most ordinary and extraordinary cars on the planet. The series, which premiered in the UK in 1977, is consistently BBC TWO's most-watched program in the UK. "Top Gear" also reaches over 150 million households globally and made its stateside debut on BBC America in 2007. "Top Gear" has been the recipient of various awards including National Television Awards, BAFTAs, Broadcast Award, Royal Television Society Awards and an International Emmy Award. Top celebrity guests have included Helen Mirren, Hugh Grant, Simon Cowell, Ewan McGregor and Gordon Ramsay. BBC Worldwide America recently wrapped "Clash of the Choirs," a successful four-night live event for NBC. The company is currently producing the first season of "Dance War: Bruno vs. Carrie Ann" and will begin the sixth season of "Dancing with the Stars" in March. About BBC Worldwide America: BBC Worldwide America has headquarters in New York and Los Angeles, and brings together all of BBC Worldwide's businesses in the U.S. BBC Worldwide is the main commercial arm and a wholly-owned subsidiary of the British Broadcasting Corporation (BBC). The company exists to maximize the value of the BBC's assets for the benefit of the UK license payer and invest in public service programming in return for rights. The company has six core businesses: Global Channels, Global TV Sales, Content & Production, Home Entertainment, Digital Media and Magazines. Photo: http://www.newscom.com/cgi-bin/prnh/20070917/NYM028LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: BBC Worldwide America
CONTACT: Wendy Luckenbill of NBC, +1-818-840-2543,
wendy.luckenbill@nbcuni.com; or Alex Fulton, +1-212-705-9335,
alex.fulton@bbc.com, or Christine Shaw Davis, +1-818-299-9699,
christine.davis@bbc.com, both of BBC Worldwide America Web site: http://www.bbc.co.uk/
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Profile: automotive-news
BMW 3 Series Tops December LeaseTrader.com Index
BMW 3 Series Tops December LeaseTrader.com Index Index Monitors Most Popular Lease Vehicles in America MIAMI, Jan. 15 /PRNewswire/ -- LeaseTrader.com, the company that helps consumers facilitate car lease transfers, announces its monthly Index for December, with the BMW 3 Series topping the list of America's most preferred leased vehicle for the second straight month. (Logo: http://www.newscom.com/cgi-bin/prnh/20070605/CLTU058LOGO ) The BMW 3 Series offers excellent luxury and space while delivering a quiet and comfortable driving experience. The car is among BMW's best all-time selling models because of its combination of power, agility, luxury and high performance. Starting with the 3 Series, BMW continues to set the standard for upscale high performance luxury vehicles catering to people who think driving should be an exciting experience. "The North American International Auto Show is currently the place where manufacturers are showcasing all the latest and greatest cars," said Sergio Stiberman, CEO and founder of LeaseTrader.com. "Despite all the hot new styles, the BMW 3 Series remains the most popular vehicle for those who want to lease an affordable car with great style and performance." LeaseTrader.com publishes a monthly Index of America's most preferred vehicles for lease transfer. The Index is based off user activity on the Web site, which includes thousands of today's vehicles in almost every brand, make and model. Following are the top-ten most popular transferred lease vehicles in America during December, according to user activity on LeaseTrader.com: 1. BMW 3 Series
2. Mercedes C Class
3. BMW 5 Series
4. Land Rover Sport
5. Mercedes E Class
6. BMW X Class
7. Infiniti G35
8. Lexus IS 250
9. BMW 650i Convertible
10. GMC Yukon Denali About LeaseTrader.com
LeaseTrader.com is an innovative provider of auto lease transfers that easily and affordably matches people looking to transfer car leases. Available to users nationwide, the service helps to match individuals looking to get out of their car lease early, with people looking for short-term leases. Privately held and founded in 1998, LeaseTrader.com is headquartered in Miami. For more information visit www.leasetrader.com, or call 800-770-0207.
First Call Analyst:
FCMN Contact: Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070605/CLTU058LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: LeaseTrader.com
CONTACT: John Sternal, Vice President of Marketing Communications of
LeaseTrader.com, +1-786-264-5457, cell, +1-954-592-1201,
jsternal@leasetrader.com Web site: http://www.leasetrader.com/
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Profile: automotive-news
'Velocity': Change Sweeps Through Nation's Used Car Markets
'Velocity': Change Sweeps Through Nation's Used Car Markets DETROIT, Jan. 15 /PRNewswire/ -- Digital technology is dramatically changing the way used cars are bought and sold. (Photo: http://www.newscom.com/cgi-bin/prnh/20080115/CLTU019 ) In his new book, "Velocity: From the Front Line to the Bottom Line," Dale Pollak challenges common assumptions about today's used car market and describes major changes that have swept the industry. A high-tech entrepreneur, used car authority and former dealer, Pollak believes that used vehicle buyers are ahead of the game in today's marketplace. "Consumers are no longer the losers when it comes to buying a used car or light truck," Pollak notes. "The new losers are dealers who have failed to understand the dynamics of today's Internet-driven market." More than 80 percent of all used car buyers currently shop on the Internet before making a final decision, according to Cars.com. Another popular site where nearly 45,000 dealers list used car inventories, AutoTrader.com, reports more than 12 million visitors a month. "Most dealerships still operate from a decades-old play book when managing their used car business," Pollak says. "They need to adopt a more disciplined, investment-minded approach." The market for used vehicles is becoming a commodities market thanks to Internet-savvy shoppers. "Buyers have a multitude of choices and prices are easy to find," Pollak explains. "Vehicles aren't as unique as they used to be, no matter what some dealers would like to believe." Pollak's book warns that a "perfect storm" is brewing in the used car business. Although used vehicle inventories are the largest single asset outside of property and facilities at most dealerships, the used car business historically has occupied "stepchild" status with most car companies and their dealers. In the past, vehicle manufacturers trained their dealers to focus on new vehicle sales and in fact most franchised dealers prefer to sell new cars and trucks. To compound the problem, factory-provided dealership financial statements basically de-emphasize a dealer's used vehicle business assets. In addition, new vehicle sales incentives, lease-car and factory buy-back programs, overproduction and a proliferation of domestic and import models have combined to squeeze the profitability of dealership used vehicle operations. "Factory efforts to pump up new vehicle demand through sometimes insane amounts of incentive money have had a disastrous impact on many used vehicle sales departments," Pollak points out. For nearly 100 years, dealers and used-vehicle managers have used unit sales, vehicle age-in-inventory and gross profit to benchmark performance. "In today's marketplace, those metrics are crude and unreliable," Pollak adds. "They don't tell the full story behind a used vehicle business operation." There's good news, however, for consumers and dealers alike. To remain profitable, used vehicle managers are boosting profits by turning inventory more quickly and pricing their vehicles based on actual market value. More and more dealers are offering buy-back guarantees, warranty protection and vehicle-history reports. Pollak adds that now, for the first time, dealers and car makers also have the ability to obtain accurate used car supply-and-demand information for specific markets and regions. "Velocity: From the Front Line to the Bottom Line," is available at Amazon.com and considered a "must" read for the nation's more than 60,000 franchised and independent used vehicle dealers and their sales personnel, according to vAuto President and CEO Keith Jezek. Five out of the nation's six highest volume franchised dealerships by brand, including Ford, Honda, Nissan, Lincoln-Mercury and Toyota use pricing and appraisal strategies supported by vAuto software solutions. Virtually every imported and domestic vehicle brand is represented within vAuto's customer list, including Acura, Audi, BMW, Hyundai, Infinity, Kia, Lexus, Mercedes and Porsche, as well as all Chrysler and General Motors brands. Dale Pollak is the founder and chairman of vAuto, Inc. vAuto provides the auto industry's only "live" analysis of used vehicle markets, supplying dealerships with up-to-the-minute information about used vehicle supply, demand and pricing in their specific markets. Headquartered in the Chicago suburb of Oakbrook Terrace, the company also maintains a research and development center in Austin, Texas. More information is available on the Internet at www.vAuto.com.
First Call Analyst:
FCMN Contact:
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080115/CLTU019
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: AutoCom Associates
CONTACT: Larry Weis, lweis@usautocom.com, or Christina Eckl,
ceckl@usautocom.com, both of AutoCom Associates, +1-248-647-8621 Web site: http://www.vauto.com/
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Profile: automotive-news
SpongeTech Announces Strong Revenue Growth
SpongeTech Announces Strong Revenue Growth Company Shows Net Operating Profit for the Quarter Ended November 30, 2007 NEW YORK, Jan. 15 /PRNewswire-FirstCall/ -- SpongeTech Delivery Systems, Inc (BULLETIN BOARD: SPNG) announced its financial results for the three and six months ended November 30, 2007. The Company achieved a first-ever net profit for the three-month period ended November 30, 2007, the second quarter of SpongeTech's 2008 fiscal year. Although the profit of just over $8,000 was rather nominal, it represents a key milestone in the development of this emerging consumer goods company. In addition the Company had sales for the second quarter in 2007, of $343,052 USD compared to $11,316 USD, in sales ending same quarter in 2006. Additional financial detail and discussion can be found in the Company's 10-QSB for the quarter ended November 30, 2007. Steven Moskowitz, SpongeTech COO, commented, "We are pleased with the growth of the company and I expect our sales will grow even more over the next few months. We attended a motorcycle and boat show during last week of December, where our booth was of great interest with attendees. We fielded a lot of questions and indication of interest in our products. We were also approached by distributors that are interested in working with us. With the sales we have pending, the contacts we have made and the contracts we are negotiating, I think we are heading for another good year. We, as a company are excited with the company's prospective growth moving forward." About SpongeTech Delivery Systems SpongeTech Delivery Systems is a development stage company which designs, produces and markets a unique line of reusable cleaning products for the automotive aftermarket parts industry. These sponge-based products utilize SpongeTech's proprietary, patent (and patent-pending) technologies involving hydrophilic (liquid absorbing) foam and polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, the latter of which comes pre-loaded with specially formulated soaps and wax that are released when the sponge is wetted and applied to a surface with minimal pressure. The Company's primary product line has been designed specifically for automotive/vehicle applications, however, SpongeTech is currently exploring additional applications for its technology including an anti-bacterial, kitchen and bath cleaner, as well as a unique 'foaming' bath sponge for children. "Safe Harbor Statement" Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended December 31, 2005, the Company's Quarterly Report on Form 10-QSB for the first quarter ended March 31, 2006. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations. BALANCE SHEET: November
30, 2007
Assets
Current assets:
Cash $21,064
Accounts receivable 116,815
Other assets 641,894
Total current assets 779,773
Long term assets 314,929
Total assets $1,094,702 Liabilities and Stockholders' Equity
Total liabilities $273,280
Stockholders' equity (deficiency) 821,422
Total liabilities and stockholders' equity
(deficiency) $1,094,702 RESULTS OF OPERATIONS Three months Six Months
ended November 30, ended November 30,
2007 2006 2007 2006
Sales $278,976 $27 $343,052 $11,316
Cost of goods sold 35,110 17 48,676 4,656
Gross profit 243,866 10 294,376 6,660
Operating expenses
Selling, general and
administrative costs 230,862 86,002 287,648 91,260
Depreciation and
amortization expense 4,336 1,072 8,321 2,142
Total operating
expenses 235,198 87,074 295,969 93,402
Net income (loss) $8,668 $(87,064) $(1,593) $(89,742)
Basic and diluted income
(loss) per common stock
Net income (loss) per
share - basic and
diluted $0.00 $(0.00) $(0.00) $(0.00)
Weighted average
common stock
outstanding 67,842,406 34,072,626 60,842,406 34,072,626
First Call Analyst:
FCMN Contact:
Source: SpongeTech Delivery Systems Inc.
Contact: Bill Young - Investor Relations, SpongeTech Delivery Systems,
Inc., +1-877-776-6438, wayoung55@aol.com
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Profile: automotive-news
PPG Launches 'Green' ZIRCOBOND Pretreatment
PPG Launches 'Green' ZIRCOBOND Pretreatment TROY, Mich., Jan. 15 /PRNewswire-FirstCall/ -- PPG Industries (NYSE:PPG) has announced the launch of a new, environmentally-responsible automotive pretreatment technology at CAMI Automotive's production facility in Ingersoll, Ont., Canada. CAMI, an independently incorporated joint venture of Suzuki Motor Corporation and General Motors of Canada Ltd., began processing vehicles with Zircobond pretreatment in early January and moved to full-scale production Jan. 14. Metal pretreatment cleans and provides corrosion protection to automotive body surfaces. However, traditional zinc-phosphate pretreatment processes generate sludge containing heavy metals such as nickel, zinc and manganese, making them subject to environmental regulations. As a result, PPG has devloped Zircobond pretreatment, an alternative pretreatment based on zirconium chemistry and a proprietary blend of additives. Zircobond pretreatment cuts sludge byproduct from the pretreatment process by at least 80 percent compared to zinc-phosphate-based products, and it can be used in existing pretreatment lines. Additionally, estimates show that facilities using Zircobond pretreatment can realize annual savings of up to several hundred thousand dollars on energy, maintenance and labor costs. Savings potential is even greater in greenfield applications, where fewer process stages could generate as much as several million dollars in savings on new facility capital investments. The commercial launch of Zircobond pretreatment is a significant step for PPG, CAMI and an automotive industry striving to be more "green." According to GM global process pretreatment lead Kevin Cunningham, "Continued leadership in the use of environmentally-friendly technologies is imperative at General Motors. PPG has developed an innovative pretreatment coating material that offers advantages including energy savings, water conservation and a smaller footprint. GM is aggressively pursuing global implementation opportunities, and we are pleased to partner with PPG in the development of new Zircobond pretreatment technology." According to Robert L. White, PPG global director of SPS product management for substrate protection systems, "In Zircobond pretreatment, PPG has created an environmentally-responsible solution that addresses regulatory concerns and delivers economic incentives to pretreatment customers while continuing to meet the automotive industry's stringent coatings performance requirements." About PPG Pittsburgh-based PPG is a global supplier of paints, coatings, chemicals, optical products, specialty materials, glass and fiber glass. The company has operations in more than 60 countries. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com. Zircobond is a trademark of PPG Industries. First Call Analyst:
FCMN Contact:
Source: PPG Industries
CONTACT: Rich Moyle of PPG Industries, +1-248-641-2000, moyle@ppg.com Web site: http://www.ppg.com/
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Profile: automotive-news
posted by automotive-news # 9:41 AM
Johnson Controls Develops Innovative Seating Solutions for the All-New 2009 Dodge Journey Crossover Vehicle
Johnson Controls Develops Innovative Seating Solutions for the All-New 2009 Dodge Journey Crossover Vehicle Company's products help to deliver versatility, enhanced storage and rear-seat accessibility DETROIT, Jan. 15 /PRNewswire/ -- For more than two decades, Johnson Controls (NYSE:JCI) has delivered ingenious technology and outstanding value in automotive seat systems and components for its customers. The 2009 Dodge Journey mid-size crossover vehicle features a number of exciting seating innovations designed and manufactured by the company, including new solutions for enhanced versatility, comfort, accessibility and storage. (Logo: http://www.newscom.com/cgi-bin/prnh/20070930/AQSU001LOGO) For the all-new Journey model, which is being shown off this week at the 2008 North American International Auto Show (NAIAS) in Detroit, Johnson Controls is providing seat systems and batteries. The global model, which blends the best attributes of a minivan, sport-utility vehicle and a passenger car in a crossover package, will be available in North American markets in the first quarter of 2008 and in other world markets by mid-2008. Among the seating innovations developed for the Journey by Johnson Controls are the Flip 'N Stow(TM) in-seat storage in the front passenger seat; stadium Tip 'N Slide(TM) second-row seats for easy third-row access with one-hand, one-motion operation; 5+2, 50/50-split third-row seat with recline feature; fold-flat seating for versatility; a child presentation feature to allow easy access to a child in the second row; integrated child booster seats; and theater seating for enhanced visibility and comfort in the rear rows. This week at the NAIAS, Johnson Controls officials are showing the company's seating innovations at its product and technology exhibit in room D2-15 of Cobo Center. "Innovation is the key to how Johnson Controls adds value and helps our customers' products to really stand out in the marketplace," said Jeff Williams, the company's group vice president and general manager, North America for the Automotive Experience business. "Our seating products feature new technologies that make the Dodge Journey's interior more versatile, comfortable, family-friendly and simple to use." For the Journey's seating system, Johnson Controls is providing a variety of components, including its Gemini seat tracks, seat frames, DR2K recliners, trim covers and headrests. The front row features two bucket seats, front-seat-mounted side airbags and the available Flip 'N Stow seating. It makes storing items under the seat easy, with a front passenger seat cushion that flips forward to reveal a large 10.75 by 8.75-inch (273 x 222-millimeter) bin under the cushion. The bin is large enough to store a purse, portable electronics devices, umbrella or headphones with the seat down. The seat cushion is hinged, and when flipped forward, provides access to the storage area that's integrated into the seat frame. The cushion can remain in the forward position to prevent items from sliding onto the floor. Or when it's folded flat, it has a table-like surface for added cargo flexibility. Heated front seats with leather or premium cloth also are available, and can enhance the comfort of the driver and front passenger. The Journey offers a choice of two seating configurations to balance consumers' needs for passenger seating and cargo storage. Five-passenger seating is standard on all models, while 5+2-passenger seating is available on the SXT and R/T models. In the rear rows, the Journey features theater seating, which gives passengers in the second and third row the ability to see outside the vehicle. Additional thoughtful features that make the Dodge Journey more flexible for families include a child presenter seat on all models that makes it easy for the driver or front-row passenger to attend to a small child seated in the second row. The child presenter seat works by allowing the 60/40 fold-flat second row to move forward or rearward a total of 4.7 inches (119.4 mm) to give adults more leg room, bring children closer to the front seats and provide more cargo room behind the seats. With the front passenger seat folded flat option, the driver can easily reach to the back to assist a child in the second row. The second-row seats move forward and rearward a total of 4.7 inches (120 mm) to give adults more leg room, bring children closer to the front seats and provide more cargo storage room behind the seats. They also have a capability to recline by as much as 19 degrees for added comfort. Dodge Journey is the first vehicle in the mid-size crossover segment to offer available integrated child booster seats. These seats boost a child seated in the second row 4 inches (102 mm) into the adult belted zone. This also can make it easier for the child seated in the booster seat to see outside the vehicle. The booster seat is designed for children who are as much as 4 foot 9 inches (1.45 m) tall and between 48 and 85 pounds (22 to 39 kilograms). The Journey's ActivityCenter in the second-row seatback folds forward to provide two cupholders and a bin for storage of small electronics, snacks or other small items. The optional third-row seat is easy to operate and to access, thanks to Journey's stadium Tip 'N Slide second-row seats. With the turn of a single lever on the side of the seat back, the seat cushions easily fold upward and the seat slides forward. It is the first and only stadium-style, tip and slide seating product in the North American market, enabling a large ingress-egress passage space into the third row. Journey's available 50/50-split-folding third-row seat provides enough room for two passengers on an as-needed basis. The seatback can be reclined by 6 degrees to make the ride more comfortable. Folding the second row and the available fold-flat front passenger seat flat creates plenty of room for hauling a variety of cargo. And with the available 5+2 passenger seating, the two rear rows and the front passenger seat can be folded flat, creating space for hauling large items. The Journey also features three types of seat upholstery: cloth; YES Essentials(R) stain-resistant, odor-resistant, anti-static seat fabric; and leather. "Consumers want choices and flexibility in their interiors, and the seating products we developed for the Journey crossover help our customer to meet those expectations with industry-leading innovations," said Williams. "Johnson Controls is supplying Dodge with the latest technologies that truly differentiate its vehicles in the crossover segment, and the global marketplace." Johnson Controls (NYSE:JCI) is the global leader that brings ingenuity to the places where people live, work and travel. By integrating technologies, products and services, we create smart environments that redefine the relationships between people and their surroundings. Our team of 140,000 employees creates a more comfortable, safe and sustainable world through our products and services for more than 200 million vehicles, 12 million homes and one million commercial buildings. Our commitment to sustainability drives our environmental stewardship, good corporate citizenship in our workplaces and communities, and the products and services we provide to customers. For additional information, please visit http://www.johnsoncontrols.com/.
First Call Analyst:
FCMN Contact:
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070930/AQSU001LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Johnson Controls
CONTACT: Debra Lacey of Johnson Controls, +1-734-254-5735 Web site: http://www.johnsoncontrols.com/ Company News On-Call: http://www.prnewswire.com/comp/473547.html
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Profile: automotive-news
posted by automotive-news # 9:23 AM
Johnson Controls Unveils 'Earth-Friendly' Automotive Headliner - Comprised of 50 Percent Plant-Based Material - at Detroit Auto Show
Johnson Controls Unveils 'Earth-Friendly' Automotive Headliner - Comprised of 50 Percent Plant-Based Material - at Detroit Auto Show Company's Ecobond headliner reduces 'carbon footprint' with natural material, lower weight and no glass content DETROIT, Jan. 15 /PRNewswire/ -- Johnson Controls is committed to sustainability and creating "environmentally friendly" automotive products, as reflected in the new Ecobond headliner that is in the final stages of development at the company. The Ecobond headliner is a lightweight solution -- comprised of 50 percent biomaterials by mass -- that fully meets customer requirements for strength, performance and acoustics. (Logo: http://www.newscom.com/cgi-bin/prnh/20070930/AQSU001LOGO) Johnson Controls is showcasing the Ecobond headliner -- and many other innovations -- at the company's 2008 North American International Auto Show exhibit in room D2-15 of Detroit's Cobo Center. "With our existing processes and resources, we have created and manufactured an ingenious, earth-friendly headliner from sustainable materials -- an outstanding product that meets the performance and cost expectations of our customers," said Byron Foster, who leads the North American interiors business of Johnson Controls. "Additionally, the Ecobond headliner is made from natural fibers instead of glass, making the final product a lightweight, bio-based product, which can help increase fuel economy and reduce carbon emissions, and is easier to recycle at the end of the vehicle's useful life." The production process for the Ecobond headliner relies on soy-based adhesives, a soy-based urethane core foam, and natural fibers -- reducing the need for non-renewable resources. The headliner is made via the use of an existing technology that Johnson Controls established for its Polybond(TM) process. Soy-based polyols are blended with petroleum polyols to create a foam core. Natural materials -- including hemp, flax and knaf -- replace the fiberglass that is traditionally used in headliner production. Finally, a soy-based urethane is used to bond materials and create a semi-rigid product. The Ecobond headliner satisfies customers' design requirements for stiffness, toughness and acoustics. It also is lighter than standard thermoplastic headliners. Using the new Ecobond approach is not expected to add costs to the headliner production process. By utilizing soy and other abundant and renewable plant-based materials, Johnson Controls is working to fulfill its sustainability goals, with initiatives that benefit its customers, the general public and future generations. Other earth-friendly products from Johnson Controls include EcoCore natural-fiber door panels, as well as soy-based seating pads, which will be featured on numerous 2008 model-year vehicles. "Given the auto industry's strong focus on green initiatives, we have an excellent opportunity to use sustainable resources, while creating appealing products that meet our customers' needs," Foster said. "Leveraging the momentum of the Johnson Controls seating team, we have extended the use of soy-based materials to other, high-quality interior products." Johnson Controls (NYSE:JCI) is the global leader that brings ingenuity to the places where people live, work and travel. By integrating technologies, products and services, we create smart environments that redefine the relationships between people and their surroundings. Our team of 140,000 employees creates a more comfortable, safe and sustainable world through our products and services for more than 200 million vehicles, 12 million homes and one million commercial buildings. Our commitment to sustainability drives our environmental stewardship, good corporate citizenship in our workplaces and communities, and the products and services we provide to customers. For additional information, please visit http://www.johnsoncontrols.com/.
First Call Analyst:
FCMN Contact:
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070930/AQSU001LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Johnson Controls
CONTACT: Debra Lacey, +1-734-254-5735, for Johnson Controls Web site: http://www.johnsoncontrols.com/ Company News On-Call: http://www.prnewswire.com/comp/473547.html NOTE TO EDITORS: A high-resolution photo of the Ecobond headliner can be downloaded from the Johnson Controls press room: http://www.johnsoncontrols.com/publish/us/en/news.html -------
Profile: automotive-news
posted by automotive-news # 9:23 AM
Johnson Controls-Saft Advanced Power Solutions to Provide Hybrid Battery System for Newest Car From Chery
Johnson Controls-Saft Advanced Power Solutions to Provide Hybrid Battery System for Newest Car From Chery DETROIT, Jan. 15 /PRNewswire/ -- Energy-conscious consumers in China will have a new hybrid option when Chery Automobile launches its new A5 ISG sedan in the latter half of 2008. Combining the advantages of fuel and electric vehicles, the new car is low in emission and fuel-consumption together with high performance. The new car will be powered by a hybrid battery system developed by Johnson Controls-Saft Advanced Power Solutions. (Logo: http://www.newscom.com/cgi-bin/prnh/20070930/AQSU001LOGO) Chery Automobile, a major Chinese auto manufacturer, has chosen nickel metal hydride (Ni-MH) batteries from Johnson Controls-Saft for its latest vehicle. The joint venture between Johnson Controls and Saft will draw on its considerable presence worldwide for this contract. In the first phase the Ni-MH cells will be manufactured in France, development work will be carried out in the United States and the battery integration will take place in China. "As car sales continue to significantly increase in China, Johnson Controls-Saft is committed to partnering with automakers to develop fuel-efficient vehicles for consumers who want -- and need -- to make purchasing decisions that are good for the environment," said Mary Ann Wright, who leads the Johnson Controls-Saft joint venture and is vice president and general manager of Johnson Controls' hybrid battery business. According to Wright, the company is developing, manufacturing and integrating advanced hybrid battery systems to provide consumers with smaller and lighter batteries, which are also more powerful, durable, safe and affordable. "With world-class engineering centers in the United States, Europe and China, we have the technical capability to partner with our customers as consumers around the world increasingly demand energy-efficient, high performance vehicles," Wright said. In addition to its engineering center and manufacturing facility in Shanghai, Johnson Controls-Saft will also work with local engineering firms in China. According to Wright, the joint collaboration in engineering will allow experienced Johnson Controls-Saft engineers to work hand-in-hand with some of China's best young talent in the automotive industry. "This is as much about the successful launch and ability to commercially manufacture this vehicle as it is about the development of an effective engineering team with the technical capabilities to support China's fast growing future needs in the hybrid automotive market," she said. Johnson Controls-Saft is a joint venture that has brought together Johnson Controls -- the world's leading supplier of automotive batteries and a company deeply experienced in integrated automotive systems solutions -- with Saft, an advanced energy storage solutions provider with extensive advanced energy storage solutions expertise. About Saft Saft (Euronext: Saft) is a world specialist in the design and manufacture of high-tech batteries for industry. Saft batteries are used in high performance applications such as industrial infrastructure and processes, transportation, space and defence. Saft is the world's leading manufacturer of nickel-cadmium batteries for industrial applications and of primary lithium batteries for a wide range of end markets. The group is also the European leader for specialised advanced technologies for the defence and space industries. With approximately 3,800 employees worldwide, Saft is present in 18 countries. Its 18 manufacturing sites and extensive sales network enable the group to serve its customers worldwide. For more information, visit Saft at http://www.saftbatteries.com/ About Johnson Controls Johnson Controls (NYSE:JCI) is the global leader that brings ingenuity to the places where people live, work and travel. By integrating technologies, products and services, we create smart environments that redefine the relationships between people and their surroundings. Our team of 140,000 employees creates a more comfortable, safe and sustainable world through our products and services for more than 200 million vehicles, 12 million homes and one million commercial buildings. Our commitment to sustainability drives our environmental stewardship, good corporate citizenship in our workplaces and communities, and the products and services we provide to customers. For additional information, please visit http://www.johnsoncontrols.com/.
First Call Analyst:
FCMN Contact:
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070930/AQSU001LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Johnson Controls
CONTACT: Rebecca Fitzgerald of Johnson Controls, +1-414-524-2945,
Rebecca.K.Fitzgerald@jci.com; or Jill Ledger of Saft, +33 149931777,
Jill.Ledger@saftbatteries.com Web site: http://www.johnsoncontrols.com/
http://www.saftbatteries.com/ Company News On-Call: http://www.prnewswire.com/comp/473547.html
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Profile: automotive-news
posted by automotive-news # 9:22 AM
Johnson Controls-Saft to Supply Lithium-ion Batteries for SAIC Motor Corporation Ltd.
Johnson Controls-Saft to Supply Lithium-ion Batteries for SAIC Motor Corporation Ltd. DETROIT, Jan. 15 /PRNewswire/ -- Johnson Controls-Saft Advanced Power Solutions has been selected by SAIC Motor Corporation Ltd. to supply lithium-ion batteries for its demonstration fleet of new energy vehicles. The demonstration fleet is helping to usher in a new age of extremely fuel-efficient and environmentally friendly, urban transportation in the People's Republic of China. (Logo: http://www.newscom.com/cgi-bin/prnh/20070930/AQSU001LOGO) "Fuel efficiency and reduced emissions are becoming increasingly important to consumers who want to make smart purchasing decisions," said Mary Ann Wright, who leads the Johnson Controls-Saft joint venture and is vice president and general manager of Johnson Controls' hybrid battery business. "As we work to commercialize hybrids globally, it is critical that we partner with our customers to advance the energy efficiency of the vehicle." SAIC Motor Corporation Ltd. is China's leading car maker by sales volume. "SAIC is very serious in developing new energy vehicles for the Chinese market and advanced battery technologies will provide significant help for us," said Mr. Lee Feng, Director of Energy Systems in SAIC's New Energy Vehicle Technology Division. The lithium-ion battery systems will be produced in Milwaukee, WI, USA. The batteries will be in demonstration vehicles in early 2008. Johnson Controls-Saft is a joint venture that has brought together Johnson Controls -- the world's leading supplier of automotive batteries and a company deeply experienced in integrated automotive systems solutions -- with Saft, an advanced energy storage solutions provider with extensive Li-ion battery expertise. About Saft Saft (Euronext: Saft) is a world specialist in the design and manufacture of high-tech batteries for industry. Saft batteries are used in high performance applications such as industrial infrastructure and processes, transportation, space and defence. Saft is the world's leading manufacturer of nickel-cadmium batteries for industrial applications and of primary lithium batteries for a wide range of end markets. The group is also the European leader for specialised advanced technologies for the defence and space industries. With approximately 3,800 employees worldwide, Saft is present in 18 countries. Its 18 manufacturing sites and extensive sales network enable the group to serve its customers worldwide. For more information, visit Saft at http://www.saftbatteries.com/ About Johnson Controls Johnson Controls (NYSE:JCI) is the global leader that brings ingenuity to the places where people live, work and travel. By integrating technologies, products and services, we create smart environments that redefine the relationships between people and their surroundings. Our team of 140,000 employees creates a more comfortable, safe and sustainable world through our products and services for more than 200 million vehicles, 12 million homes and one million commercial buildings. Our commitment to sustainability drives our environmental stewardship, good corporate citizenship in our workplaces and communities, and the products and services we pro | |
