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Automotive News
KLM Performance's Automotive News coverage is updated daily with news updates published as they are released to the media. These updates cover the latest developments in trucks, add-on components, racing, and the truck enthusiast lifestyle. Feel free to discuss any news releases in KLM's Discussion Forum.
Monday, September 29, 2008
The All-New 2009 Toyota Matrix Takes Asian American Films for a Test Drive
The All-New 2009 Toyota Matrix Takes Asian American Films for a Test Drive TORRANCE, Calif., Sept. 29 /PRNewswire/ -- The Toyota Matrix is the official vehicle sponsor of the 9th annual San Diego Asian Film Festival (SDAFF), running October 9 through October 16, 2008, which will take place at the Mission Valley UltraStar Cinema at Hazard Center. Founded in the year of 2000, the SDAFF became San Diego's largest Asian American cultural event that organized by San Diego Asian Film Foundation, a nonprofit organization dedicated to supporting and promoting the diverse Asian American experience through the media arts. In its 9th year, the San Diego Asian Film Foundation will showcase over 130 short and feature films from a record 17 countries including Canada, Cambodia, China, Hong Kong, Japan, South Africa, South Korea, Singapore, India, Pakistan, Myanmar, Peru, the Philippines, Thailand, Vietnam, and the U.S. "Toyota is honored to be supporting such a prestigious event," said Dionne Colvin, National Advertising Strategy Planning Manager. "It is part of our continuous effort to promote self expression and support rising talent in the Asian American community." During the week-long festival, Toyota Matrix host several different activities, including free popcorn for the first 200 guests at special screenings and live silk screening of t-shirts with unique Matrix-specific designs. Matrix created its very own Asian American cinema site, http://www.thedirectorschairsite.com/, which features the latest interviews, movie reviews and special insider information on the Asian American film industry. "We are very grateful for Toyota's support and foresight to partner with Asian film festivals. It's really thinking outside the box as a corporation," said Lee Ann Kim, executive director of the SDAFF. "Toyota's support enables us to keep the quality of our event at the highest level -- both for the artists and the patron." For more information about the San Diego Asian Film Festival, please visit http://sdaff.org/festival/2008. And to find out more about the 2009 Toyota Matrix, please visit http://www.toyota.com/matrix. Media Contact:
Toyota Motor Sales, U.S.A.
Cindy Knight
(310) 468-2170
Cindy_Knight@Toyota.com interTrend Communications, Inc.
Jennifer Chang
(562) 733-1855
Jennifer@intertrend.com SDAFF
Lee Ann Kim
leeann@sdaff.org
Source: Toyota Motor Sales, U.S.A.
CONTACT: Cindy Knight of Toyota Motor Sales, U.S.A., +1-310-468-2170,
Cindy_Knight@Toyota.com; or Jennifer Chang of interTrend Communications, Inc.,
+1-562-733-1855, Jennifer@intertrend.com, for Toyota Motor Sales, U.S.A.; or
Lee Ann Kim of SDAFF, leeann@sdaff.org Web site: http://www.thedirectorschairsite.com/
http://sdaff.org/
http://www.toyota.com/
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Profile: automotive-news
posted by automotive-news # 9:28 PM
Chrysler LLC Conference Call to Announce September 2008 U.S. Sales
Chrysler LLC Conference Call to Announce September 2008 U.S. Sales
AUBURN HILLS, Mich. --
What: Telephone conference call to discuss Chrysler LLC's September
2008 U.S. sales When: Wednesday, October 1, 2008 - 3:30 p.m. to 4:00 p.m. EDT Details: Teleconference: Domestic telephone number: 888-233-8067
International telephone number: +1-210-839-8588
Call Leader: Beverly Thacker
Passcode: Sales Other: Following the conference call, starting at 5:00 p.m. EDT, there
will be a telephone replay available until October 15, 2008, at
5 p.m. EDT Domestic telephone playback number: 800-814-6745
International telephone playback number: +1-203-369-3349
Additional information and news from Chrysler is available at http://www.media.chrysler.com/.
Contact:
Beverly Thacker
(248) 512-0019 (office)
(248) 420-8649 (cell)
bt164@chrysler.com Stuart Schorr
(248) 512-2700 (office)
(248) 705-6594 (cell)
ss509@chrysler.com PRNewswire -- Sept. 29
First Call Analyst:
FCMN Contact:
Source: Chrysler LLC
Web site: http://media.chrysler.com/
http://www.chrysler.com/
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Profile: automotive-news
posted by automotive-news # 3:43 PM
Volkswagen's All-New Clean Diesel Jetta TDI Sets New Guinness World Record for Lowest Fuel Consumption at 58.82 MPG
Volkswagen's All-New Clean Diesel Jetta TDI Sets New Guinness World Record for Lowest Fuel Consumption at 58.82 MPG The Taylors break Guinness World Record driving a stock clean diesel Jetta TDI* HERNDON, Va., Sept. 29 /PRNewswire/ -- The world's most fuel efficient couple, John and Helen Taylor, have broken the current world record for lowest fuel consumption across the 48 contiguous United States averaging 58.82 miles to the gallon. They ended their 20 day trip in West Virginia on Thursday, Sept. 25, 2008. To help them break the world record, they drove the all-new, 50-state-compliant clean diesel Volkswagen Jetta TDI, fueled by Shell Ultra Low Sulfur diesel fuel under real world driving conditions, simply applying easy to use fuel saving tips and the latest efficient engine technology available for good clean diesel fun. (Photo: http://www.newscom.com/cgi-bin/prnh/20080929/CLM087 ) "We are very excited and grateful to have broken the current Guinness World Record for lowest fuel consumption across the 48 contiguous United States," said Helen Taylor. "We would like to thank Volkswagen for providing us their new clean diesel Jetta that helped us get another World Record and to Shell for supplying the diesel fuel." The previous Guinness World Record for the lowest fuel consumption on a nationwide drive was 51.58 miles per gallon and the Taylors broke it by setting a new record of 58.82 miles per gallon, a whopping 14 percent improvement. In 20 days, driving across 48 states the Taylors drove 9,419 miles, exceeding 60 mpg on several legs of the record-setting run, spending only 6.9 cents per mile (total was $653). "The terrain was very diverse, the weather less than ideal, and the traffic heavy at rush hour and the VW Jetta TDI handled it all beautifully, showing its fuel efficiency and its fun-to-drive dynamic capability, just two of this vehicle's many attributes," said John Taylor. "The car efficiently helped us to drive to a fuel economy world record." People were encouraged to e-mail the Taylors along the way at: fuelacademy@gmail.com with any questions they may have about the tour, the vehicle or about fuel economy tips and join their "Fan" page on Facebook.com. As of the end of the trip, more than 2,000 people have e-mailed the Taylors. Approximately 12 official check-in and refueling stops across the country were included throughout the duration of the drive. The couple drove on a counter-clockwise route passing through: Washington D.C.; New York City, Rutland, Vermont; Toledo, Ohio; Des Moines, Iowa; Spearfish, S.D.; Missoula, Mont.; Winnemucca, Nev.; Santa Monica, Calif.; Durango, Colo.; Oklahoma City, Okla.; Mount Vernon, Ill.; Ponchatoula, La.; and, Beckley, W.V. Some of the fuel saving tips the Taylors advocate include: avoiding idling and higher speeds, minimizing vehicle drag and performing regular vehicle maintenance. The Taylors have made a 26-year career out of driving economically and conducting workshops globally on fuel-efficient driving techniques. They have collected 82 world fuel economy and vehicle-related records from drives around the globe in Australia, Asia, South Africa, Europe, the Middle East and North America. Via their Web site, the Taylors will be sharing their personal experiences on the road. For more information and regular reports from the road, visit www.fuelacademy.com and www.media.vw.com. For a complete list of fuel-saving driving tips, visit http://www.shell.com/us/fuelstretch. Volkswagen of America, Inc. Volkswagen of America, Inc. recently announced Electronic Stability Program (ESP) as standard equipment on all its 2009 vehicles. As a result, Volkswagen is one of the only original equipment manufacturers to offer an electronic stability control system on their entire product line - ahead of the National Highway Traffic Safety Administration's (NHTSA) deadline requiring vehicles in the 2012 model year to include stability control systems. Volkswagen's ESP technology works in conjunction with anti-lock brakes and helps reduce loss of control and rollovers to avoid crashes. NHTSA predicts nearly 10,000 lives could be saved each year if automakers included stability systems as standard equipment. Founded in 1955, Volkswagen of America, Inc. is headquartered in Herndon, Va. It is a subsidiary of Volkswagen AG, headquartered in Wolfsburg, Germany. Volkswagen is one of the world's largest producers of passenger cars and Europe's largest automaker. Volkswagen sells the Rabbit, New Beetle, New Beetle convertible, GTI, Jetta, Jetta SportWagen, GLI, Passat, Passat Wagon, Eos, Tiguan and Touareg through approximately 600 independent U.S. dealers. Visit Volkswagen of America online at vw.com. *Awaiting official confirmation from GWR Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080929/CLM087
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN16
PRN Photo Desk, photodesk@prnewswire.com
Source: Volkswagen of America, Inc.
CONTACT: Jim Gill, Volkswagen, +1-703-364-7621, mobile, +1-248-882-6309,
jim.gill@vw.com; Shell Media Line, +1-713-241-4544; or Devlin Riggs, Edelman,
+1-323-202-1454, devlin.riggs@edelman.com Web site: http://vw.com/
http://www.fuelacademy.com/
http://www.media.vw.com/
http://www.shell.com/us/fuelstretch Company News On-Call: http://www.prnewswire.com/comp/948250.html
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Profile: automotive-news
posted by automotive-news # 2:35 PM
Toyota Donation to Support Environmental Leadership and Wilderness Education Programs at Yosemite National Park and the University of California, Merced
Toyota Donation to Support Environmental Leadership and Wilderness Education Programs at Yosemite National Park and the University of California, Merced $600,000 and five Prius donated by Toyota to Yosemite National Park YOSEMITE NATIONAL PARK, Calif., Sept. 29 /PRNewswire-FirstCall/ -- Toyota is providing more than $600,000 and five hybrid vehicles to Yosemite National Park to support a number of environmental education programs at Yosemite and the University of California, Merced, it was announced today. "The development of environmental education programs is key to preserving our majestic national parks for future generations," said Bill Duff, Corporate Manager, Environmental Office, Toyota Motor Sales, U.S.A., Inc. "Toyota is proud to be part of this endeavor through our donation to The Yosemite Fund and Yosemite National Park." The donation was facilitated through the park's nonprofit fundraising partner, The Yosemite Fund. The park will use Toyota's contribution to support the Yosemite Leadership Program (YLP), a partnership between Yosemite, UC Merced and California State Parks. The internship program provides students with work experience in a park, wilderness education, a living stipend and the opportunity for possible future employment with the park. In addition, Toyota funds are being used to refurbish cabins in the park to be used as dorms for the interns. "We are grateful for Toyota's generous support of these key educational programs in Yosemite," said Mike Tollefson, Yosemite National Park Superintendent. "Toyota's grants, received through our partnership with the Yosemite Fund, ensure that parks and wild places remain relevant to future generations by providing access to higher learning and residential internships in one of America's flagship parks." The Wilderness Center on the campus of UC Merced was established in part with funds from the Toyota donation. As the home base of the Yosemite Leadership Program, the Wilderness Center fosters a wilderness ethic among students, as well as assists students and faculty with planning for trips to Yosemite and other national parks and forests. Students staffing the center are also paid through a fund developed with Toyota's grant. "Working as partners with the National Park Service, institutions of higher learning and nonprofits, Toyota's generous contribution advances leadership and education opportunities to protect and preserve Yosemite National Park," said Bob Hansen, president, The Yosemite Fund. "The breadth of their contributions provides the resources to inspire new generations to develop an interest in conservation, environmental management and a passion for the outdoors." Toyota's donation will also be used to establish a two-week Executive Leadership Seminar in 2009 designed specifically for experienced professionals in park and protected area land management. Leaders from government, corporate, and non-profit sectors will focus on proactive approaches and strategic leadership for use in complex, real-world land management challenges. This course draws on the University of California's academic leadership, and pairs it with the unparalleled opportunity for field study and experiential learning in Yosemite National Park. In addition to the monetary donation, Yosemite will receive five Toyota Prius hybrid vehicles, which will be used to support Yosemite's air quality, bear management, wilderness education, search and rescue and visitor services. The donation to Yosemite National Park is part of a $5 million contribution from Toyota in support of five National Parks and the National Park Foundation to enhance environmental leadership and educational programs at parks around the country. The company is also donating 23 vehicles in total to the national parks. About Toyota Toyota (NYSE:TM) established operations in the United States in 1957 and currently operates 10 manufacturing plants, with another under construction in Mississippi. Toyota is committed to being a good corporate citizen in the communities where it does business and believes in supporting programs with long-term sustainable results. Through its corporate initiatives, manufacturing operations and philanthropy, Toyota supports numerous organizations across the country, focusing on education, the environment and safety. In 2007, Toyota contributed more than $56 million to philanthropic programs in the U.S. For more information on Toyota's commitment to improving communities nationwide, visit http://www.toyota.com/community. About The Yosemite Fund The Yosemite Fund is a non-profit organization that provides broad-based private funding and resources for projects that preserve, protect or enhance Yosemite National Park. Since 1988, more than 100,000 individual, corporate and foundation donors have enabled the Fund to grant over $40 million to complete over 200 projects in Yosemite. Contributors to the Fund provide a margin of excellence in Yosemite, extending a long-standing tradition of private philanthropy in National Parks. Results of the Fund's work on major projects can be seen most notably at the approach to lower Yosemite Falls ($12.5 million), Glacier Point ($4 million), Happy Isles ($2 million), Tunnel View overlook ($1.8 million) and Olmsted Point ($1.2 million). Learn more at http://www.yosemitefund.org/ or 1-800-4-MY-PARK. About UC Merced UC Merced opened September 5, 2005, as the 10th campus in the University of California system and the first American research university of the 21st century. The campus significantly expands access to the UC system for students throughout the state, with a special mission to increase college-going rates among students in the San Joaquin Valley. It also serves as a major base of advanced research and as a stimulus to economic growth and diversification throughout the region. Situated near Yosemite National Park, the university is expected to grow rapidly, topping out at approximately 25,000 students within 30 years. Media Contacts:
Rebecca Lee
GolinHarris for Toyota
(213) 438-8827
rlee@golinharris.com Scott Gediman
Yosemite National Park
(209) 372-0248
scott_gediman@nps.gov Peter Bartelme
The Yosemite Fund
(415) 664-1503
pb@prstrategies.com
Source: Toyota
CONTACT: Rebecca Lee of GolinHarris, +1-213-438-8827,
rlee@golinharris.com, for Toyota; or Scott Gediman of Yosemite National Park,
+1-209-372-0248, scott_gediman@nps.gov; or Peter Bartelme, +1-415-664-1503,
pb@prstrategies.com, for The Yosemite Fund Web site: http://www.toyota.com/
http://www.yosemitefund.org/
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Profile: automotive-news
posted by automotive-news # 2:03 PM
New 'Smoke Pro(R)' Quickly Pinpoints Leaks in Car Systems, Enabling Technicians to Work More Quickly and Profitably
New 'Smoke Pro(R)' Quickly Pinpoints Leaks in Car Systems, Enabling Technicians to Work More Quickly and Profitably ORANGE COUNTY, California, September 29/PRNewswire/ -- A breakthrough for the auto repair industry, Redline Detection, LLC
introduces the "Smoke Pro(R)," a diagnostic leak detector(TM) which enables
technicians to easily pinpoint leaks in vacuum, exhaust, fuel vapor recovery
(EVAP) and oil systems, as well as wind and water leaks, according to Zachary
Parker, president of Redline Detection. "Auto technicians have historically spent hours locating leaks. When a
leak was found, the technicians were unable to confirm that the repair had
completely solved the car's problem," Parker explains. "With the Smoke
Pro(R), technicians can quickly determine precisely where the leaks are
located, and after repairing them, test that the car's systems are
successfully sealed. The savings in time and the accuracy of the work has
made our first auto technician customers feel this is the most important tool
in their shop." The Smoke Pro(R) functions by puffing smoke into one of the car's sealed
systems, producing tell-tale wisps of smoke pinpointing the location of the
leak. After the leak is repaired, the technician uses the Smoke Pro(R)'s
pressure gauge to perform a decay test to confirm that the system holds
pressure, ensuring that the system is properly sealed. "The Smoke Pro(R) uses pure mineral oil and simple shop air and is light
enough to hang from under the car hood," Parker adds. "The test only takes a
few minutes to detect all leaks in the system, even those of which the car
owners were unaware, resulting in an increased number of repairs and parts
sales for the service center. Our technicians find the Smoke Pro(R) pays for
itself within a month and continues to sharply increase repair centers' and
automobile dealers' profits." According to Parker, many Redline customers state they make more money
from their Smoke Pro(R) than any other tool in their repair facility. The
Smoke Pro has a 100 percent safety record with a low temperature heating
element that assures reliability and safety. "Most cars have leaks, regardless of their age. Having a Smoke Pro(R)
available to quickly diagnose a vehicle will create an opportunity for the
auto technician to do more work on cars that visit their service center or
dealership."
Contact:
Kelly Stephens/James MacGregor
Brower, Miller & Cole
+1-949-509-6551
kstephens@browermillercole.com
http://www.RedlineDetection.com
Web site: http://www.RedlineDetection.com
Source: Redline Detection, LLC
Kelly Stephens or James MacGregor, both of Brower, Miller & Cole, +1-949-509-6551, kstephens@browermillercole.com, for Redline Detection
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Profile: automotive-news
posted by automotive-news # 1:21 PM
Hino Celebrates Grand Opening in West Virginia
Hino Celebrates Grand Opening in West Virginia WILLIAMSTOWN, W.Va., Sept. 29 /PRNewswire/ -- Hino Motors Manufacturing USA, Inc. (HMM), today celebrated the official Grand Opening of its commercial truck assembly facility in Williamstown. This facility is Hino's first wholly-owned truck assembly plant in the United States. Approximately 300 guests attended the event, which included an assembly line tour and display of several Hino trucks equipped for different customer uses. Elected and business leaders offered congratulatory remarks, including, West Virginia Governor Joe Manchin; Representative Alan Mollohan; Ambassador Motoatsu Sakurai, Consul General of Japan; and Shoji Kondo, Chairman of the Board of Hino Motors Ltd. (Japan). Senator Jay Rockefeller was scheduled to participate, but unexpectedly needed to be in Washington to participate in Senate consideration of economic recovery legislation. "Hino Motors Manufacturing has established an important presence in Wood County and the Mid-Ohio Valley, and we're glad to have been a partner in that growth," said Governor Manchin. "We've watched Hino's rapid growth with pleasure and look forward to a long and mutually rewarding working partnership." Senator Jay Rockefeller echoed similar praise from Washington. "I'm incredibly proud to have helped open the doors for Hino to come to West Virginia. It was a proud day for Wood County and our entire state when this company announced it was opening a facility here last year. Since that time, production has ramped up, approximately 1,000 trucks have rolled off the assembly line, and the hard working employees continue to impress and amaze every day. I congratulate Hino on today's grand opening, and I look forward to supporting its success in West Virginia for many years to come." HMM-West Virginia assembles Class 4 to 7 commercial trucks. Customers use Hino Trucks for such purposes as residential/commercial moving, armored car service, beverage distribution, and wrecker service. The plant started production in November 2007, and today employs about 105 full-time Team Members. HMM has invested over $18,000,000 in the West Virginia facility, in the plant and equipment, to date. "Hino very much appreciates the support it has received from the State and the surrounding local communities," noted parent company Chairman Kondo, who flew in from Tokyo specifically for the event. "Starting an operation with an empty building is a difficult task. We are fortunate to have good partners in government and the business community and, most importantly, a great group of Team Members." Ceremony attendees also heard compelling, first-hand accounts from three Team Members of the positive impact that employment with HMM has had on their lives and families. Hino announced several important contributions to the area community. Mr. Yasuo Tanigawa, President of HMM, presented a diesel truck engine to Washington State Community College, and a "practice training truck" to the Wood County Technical Center. Mr. Tanigawa explained that the intent of these contributions is to provide valuable education and skills training to local students -- a critical component of Hino's corporate social responsibility initiatives. In addition to these donations, Chairman Kondo announced the establishment of a Hino college scholarship program. The scholarship will be awarded annually to four local high school seniors, in an amount up to one thousand dollars per year per student, for up to four academic years. The scholarship program will be administered by the Parkersburg Area Community Foundation. At the close of the event, several of the dignitaries participated in a traditional ceremony of breaking the top of a sake keg, called Kagami Biraki, to symbolize "an opening to harmony and good fortune."
Source: Hino Motors Manufacturing USA, Inc.
CONTACT: Sanford "Sandy" Ring of Hino Motors Manufacturing USA, Inc.,
+1-248-442-6888, or cell, +1-517-775-2183
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Profile: automotive-news
posted by automotive-news # 1:02 PM
Asbury Automotive Group Announces New Debt Facilities
Asbury Automotive Group Announces New Debt Facilities NEW YORK, Sept. 29 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., today announced that it has closed on a number of new senior debt facilities, providing approximately $800 million of replacement financing. These agreements replace an existing $550 million syndicated facility that included a $75 million revolver tranche and a $475 million floorplan tranche. Excluding mortgages, total senior debt facilities are now comprised of two components: -- A $200 million syndicated revolving credit facility to be utilized for working capital, acquisitions and other operating needs. The new facility is for a four-year term. Banc of America Securities LLC acted as sole lead arranger and Bank of America, N.A. is Administrative Agent. Additional participants include Daimler Financial Services, American Honda Finance, BMW Financial Services, JPMorgan Chase Bank, Nissan Motor Acceptance Corporation, Toyota Financial Services, Deutsche Bank, Wachovia Bank, and World Omni Financial. -- Approximately $600 million in new vehicle wholesale floor plan lines funded predominantly by our brands' captive finance companies. Floorplan providers now include all the captive finance companies mentioned above plus GMAC, Ford Motor Credit Corp, JPMorgan Chase Bank, and World Omni Financial. "We are delighted to be partnering with Bank of America and broadening our relationships with our key banks and captive finance partners," said Charles R. Oglesby, President and CEO. "These new facilities provide Asbury significantly expanded liquidity and tremendous flexibility." Craig T. Monaghan, Asbury's Senior Vice President & Chief Financial Officer, commented, "Being able to close such sizeable transactions during these uncertain economic times clearly validates the automotive retail model and Asbury's unique positioning." About Asbury Automotive Group Asbury Automotive Group, Inc. ("Asbury"), headquartered in New York City, is one of the largest automobile retailers in the U.S. Built through a combination of organic growth and a series of strategic acquisitions, Asbury currently operates 89 retail auto stores, encompassing 121 franchises for the sale and servicing of 36 different brands of American, European and Asian automobiles. Asbury offers customers an extensive range of automotive products and services, including new and used vehicle sales and related financing and insurance, vehicle maintenance and repair services, replacement parts and service contracts. Forward-Looking Statements This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. The forward-looking statements include statements relating to our goals, plans, expectations, and strategies. These statements are based on management's current expectations and involve significant risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, the ability of Asbury's debt facilities to provide Asbury with sufficient liquidity, Asbury's ability to meet its debt obligations, and Asbury's ability to execute its long-term growth strategies. These and other risk factors are discussed in Asbury's annual report on Form 10-K and in its other filings with the Securities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Source: Asbury Automotive Group, Inc.
CONTACT: Investors May Contact: Keith R. Style, V.P.-Finance and
Investor Relations, Asbury Automotive Group, Inc., +1-212-885-2530,
investor@asburyauto.com; Reporters May Contact: Stephanie Lowenthal, RF|Binder
Partners, +1-212-994-7619, Stephanie.Lowenthal@RFBinder.com Web site: http://www.asburyauto.com/
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Profile: automotive-news
Subaru of America Supports Fall Car Care Month
Subaru of America Supports Fall Car Care Month Subaru Drivers to Enjoy Free Vehicle Diagnostic Inspections in October CHERRY HILL, N.J., Sept. 29 /PRNewswire/ -- Subaru of America, Inc. announced today that the company is endorsing the Car Care Council's Fall Car Care Month, a nationwide October program focusing on the importance of regular vehicle maintenance. To celebrate the occasion, participating Subaru dealers are offering free vehicle diagnostic inspections to Subaru owners, emphasizing items that affect fuel economy and offering driving tips for optimizing fuel mileage. For a list of participating dealers, consumers can visit http://www.subaru.com/fallcarcare or call 1-800-SUBARU3. (Logo: http://www.newscom.com/cgi-bin/prnh/20080325/SUBARULOGO ) "October is always a good time to ready your vehicle for the demands of winter driving," notes Jim Sinclair, Vice President, Service, Subaru of America, Inc. "And this year, the increased fuel efficiency that comes with a well-maintained vehicle is more important than ever." To help owners get the best possible fuel mileage, dealers will be performing the "MPG Inspection." While the vehicles will receive a thorough check-up of all major operating systems, the MPG -- "Maintenance Preserves Gas" -- Inspection puts extra emphasis on the systems that can directly impact fuel mileage. Drivers will receive not only a written report of the vehicle's condition, but helpful driving tips for maximizing fuel efficiency. About Subaru of America, Inc. Subaru of America, Inc. is a wholly owned subsidiary of Fuji Heavy Industries Ltd. of Japan. Headquartered in Cherry Hill, N.J., the company markets and distributes Subaru Symmetrical All-Wheel Drive vehicles, parts and accessories through a network of nearly 600 dealers across the United States. Subaru makes the best-selling All-Wheel Drive car sold in America based on R.L. Polk & Co. new vehicle retail registration statistics calendar year-end 2007. In addition, Subaru boasts the most fuel efficient line-up of all-wheel drive products sold in the market today based on Environmental Protection Agency (EPA) fuel economy standards. All Subaru products are manufactured in zero-landfill production plants and Subaru of Indiana Automotive Inc. is the only U.S. automobile production plant to be designated a backyard wildlife Habitat by the National Wildlife Federation. For additional information visit http://www.subaru.com/. Contact:
Heather Ward
Subaru of America, Inc.
856-488-5093
hward@subaru.com David Biss
Brushfire, Inc.
973-871-1714
dbiss@brushfireinc.com Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080325/SUBARULOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Subaru of America, Inc.
CONTACT: Heather Ward of Subaru of America, Inc., +1-856-488-5093,
hward@subaru.com; or David Biss of Brushfire, Inc. for Subaru of America,
Inc., +1-973-871-1714, dbiss@brushfireinc.com Web site: http://www.subaru.com/
http://www.subaru.com/fallcarcare
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Profile: automotive-news
Ford Motor Company Fund Honored With United States Hispanic Chamber of Commerce Foundation President's Award
Ford Motor Company Fund Honored With United States Hispanic Chamber of Commerce Foundation President's Award SACRAMENTO, Calif., Sept. 29 /PRNewswire-USNewswire/ -- The United States Hispanic Chamber of Commerce (USHCC) Foundation presented Ford Motor Company Fund with its President's Award on September 27, during the USHCC 2008 Awards Dinner Gala, held at the Sacramento Convention Center. The award is given to a company or individual who supports the values and mission of the USHCC Foundation. Ford Motor Company Fund, through its philanthropic efforts, has paved the way for the next generation of minority business leaders. "We are thrilled to recognize Ford Motor Company Fund with the USHCC Foundation President's Award," said Augustine "Augie" Martinez, President and CEO of USHCC. "They have been a long standing partner and loyal friend of the USHCC Foundation. Their support and contributions have empowered programs like 'BizFest' to have the success that they do today." In 2004, the USHCC Foundation partnered with Ford Motor Company Fund, the philanthropic arm of Ford Motor Company, to carry out one of its Youth Entrepreneurship training camps, focused for the first time ever on the automotive industry. "BizFest" is an innovative and intensive entrepreneurial training program in which Latino youth learn how to turn hobbies into profitable ventures through the basics of entrepreneurship and leadership. The program has taught hundreds of students each year to establish entrepreneurial and leadership goals, create plans for business and life, become effective leaders and team players, network in business environments, identify investment opportunities, learn to manage money and make presentations. Students participate in business plan competitions and compete for financial awards, future entrepreneurship services, internships and scholarship opportunities. "Ford Motor Company Fund is honored to receive this prestigious award and to be recognized for our efforts in supporting Hispanic entrepreneurship and business leadership. We believe it is important to equip Latino youth with the necessary tools and skills that will ensure their success in our fast-paced economy," said Jim Vella, President of Ford Motor Company Fund and Honorary Chair of the National Youth Entrepreneurship BizFest Competition. Ford Motor Company Fund has a long history of supporting education initiatives. The Ford Partnership for Advanced Studies (Ford PAS) introduces students to the concepts and skills necessary for future success, combining real-world knowledge with exciting learning opportunities that foster critical thinking by linking classroom learning with the challenges students will face in post-secondary education. Ford Motor Company Fund also supports a number of scholarship and fellowship programs with leading national Hispanic organizations such as the National Association of Hispanic Journalist and the National Association of Hispanic Publications, the Congressional Hispanic Leadership Institute, the National Hispanic Leadership Institute and the Congressional Hispanic Caucus Institute. About Ford Motor Company Fund and Community Services Ford Motor Company Fund and Community Services is committed to creating opportunities that promote corporate citizenship, philanthropy, volunteerism and cultural diversity for those who live in the communities where Ford operates. Established in 1949 and made possible by funding from Ford Motor Company, Ford Motor Company Fund supports initiatives and institutions that foster innovative education, auto-related safety, and American heritage and legacy. National programs include Ford Partnership for Advanced Studies, which provides high school students with academically rigorous 21st century learning experiences, and Driving Skills for Life, a teen-focused auto safe driving initiative. The Ford Volunteer Corps, established in 2005, continues Ford's legacy of caring worldwide. Through the Volunteer Corps, Ford employees and retirees participate in a wide range of volunteer projects in their communities. For more information on programs made possible by Ford Motor Company Fund and Community Services, visit www.community.ford.com.
Source: Ford Motor Company Fund and Community Services
CONTACT: Kati Anderson, +1-703-807-0500, ka@mapacommunications.com, for
Ford Motor Company Fund and Community Services Web Site: http://www.community.ford.com/
http://www.comunicad.com/
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Profile: automotive-news
Baldor Electric Company Announces Real Estate Sale and Current Business Update
Baldor Electric Company Announces Real Estate Sale and Current Business Update FORT SMITH, Ark., Sept. 29 /PRNewswire-FirstCall/ -- Baldor Electric Company (NYSE:BEZ) markets, designs, and manufactures industrial electric motors, power transmission products, drives, and generators and is based in Fort Smith, Arkansas. Today, Baldor announced the recently completed sale of a distribution center in Tennessee, a transaction valued at $30 million. This sale follows the August acquisition of Poulies Maska, Inc., a complementary power transmission component business with annual revenues of approximately $33 million. A portion of the proceeds from the building sale were used to reduce the Company's debt balance. John A. McFarland, Chairman and CEO, commented, "Debt reduction is a priority for Baldor. We will see a slight increase in our debt balance at the end of the third quarter due to the Maska acquisition; however, the sale of this property kept the increase to a minimum." "As stated on July 24, we expect mid-single digit revenue growth throughout the second half of the year. Unfortunately, increasing raw material costs for all products and slower sales of the more profitable power transmission products have been greater challenges than expected during the quarter. The timing of our price increases and continued increased costs in the materials we buy will result in a decline in margin in the third quarter. Our largest raw material purchase, electrical steel, has increased in cost by more than 50% in the past six months. As a result, we expect diluted earnings per share in third quarter 2008 to be similar to that of third quarter 2007." Baldor will release third quarter earnings after the market closes on October 23, 2008. Conference call information will be announced prior to that time. This document contains statements that are forward-looking, i.e. not historical facts. The forward-looking statements contained in this document (including but not limited to "expect", "will" and "believe") are based on the Company's current expectations and some of them are subject to risks and uncertainties. Accordingly, you are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. The factors that might cause such differences include, among others, the following: (i) changes in economic conditions, (ii) developments or new initiatives by our competitors in the markets in which we compete, (iii) fluctuations in the costs of select raw materials, (iv) the success in increasing sales and maintaining or improving the operating margins of the Company, and (v) other factors including those identified in the Company's filings made from time-to-time with the Securities and Exchange Commission. These statements should be read in conjunction with the Company's most recent annual report (as well as the Company's Form 10-K and other reports filed with the Securities and Exchange Commission) containing a discussion of the Company's business and of various factors that may affect it.
Source: Baldor Electric Company
CONTACT: John McFarland, Chairman & CEO, or Ron Tucker, President & COO,
or Tracy Long, Vice President - Investor Relations, all of Baldor Electric
Company, +1-479-648-5769, fax, +1-479-648-5701, Investorinfo@baldor.com Web site: http://www.baldor.com/
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Profile: automotive-news
Bamberg, Germany, Deploys Federal Signal PIPS System
Bamberg, Germany, Deploys Federal Signal PIPS System Video and analytics-based solution tackles traffic challenges of historic proportions UNIVERSITY PARK, Ill., Sept. 29 /PRNewswire-FirstCall/ -- Bamberg, in the German State of Bavaria, is well known for its rich medieval heritage. A network of winding lanes, narrow alleyways, small cobblestone streets and more modern roads challenges some of the 300,000 residents and visitors that trek into historic Bamberg, a UNESCO World Heritage Site, each year to enjoy its shopping, street cafes and pubs. City officials turned to Federal Signal for its PIPS automated number/license plate recognition (ALPR/ANPR) system to manage traffic in the historic Sand Quarter. "We would often have large vehicles and tour buses enter into the area. Being unfamiliar with the roadways, one wrong turn could result in their vehicle being unable to maneuver a tight turn. This would quickly result in traffic congestion and gridlock, frustrating both tourists and businesses in the area. We had to find a solution," said Thomas Beese, head of the City of Bamberg's Department for Urban Redevelopment. Despite the many roads inside the Bamberg World Heritage site, there are only two entry points available to those who enter the Sand Quarter. The Federal Signal PIPS ALPR video and analytics-based system reads the license plates of vehicles approaching the area and compares the license plates to the list of authorized vehicles maintained by the City. "The target was the dream of all planners in historic cities: Optimal accessibility for authorized vehicles combined with minimization of disturbing unauthorized traffic. The system is working very effectively," said Beese. He concluded that reduced traffic in the World Heritage site makes it safer and easier for tourists to walk Bamberg's streets and enjoy the medieval and baroque atmosphere of the historic city. "Our Federal Signal PIPS ALPR technology enables some of the world's largest intelligent traffic management systems for congestion management and charging, and we are delighted to help Bamberg's city leaders solve their traffic challenges, while they take progressive measures to preserve and protect their unique historic community," stated Michael K. Wons, vice president and general manager of Federal Signal's Public Safety Systems Division. About PIPS PIPS Technology, a Federal Signal Company, is a pioneer and the international market leader in the design and manufacture of automated license plate recognition technology and optical character recognition software. With more than 15,000 cameras installed worldwide, PIPS continues to set the standard for both mobile and fixed system deployments across a wide range of applications. The Codespear-enabled Federal Signal PIPS system is part of the Federal Signal Public Safety Systems industry platform. For more information on PIPS, visit: http://pipstechnology.com/. About Federal Signal Federal Signal Corporation (NYSE:FSS) enhances the safety, security and well-being of communities and workplaces around the world. Founded in 1901, Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal, governmental, industrial and institutional customers. Headquartered in Oak Brook, Ill., with manufacturing facilities worldwide, the Company operates three groups: Safety and Security Systems, Environmental Solutions and Fire Rescue. For more information on Federal Signal, visit: http://www.federalsignal.com/.
Source: Federal Signal Corporation Safety and Security Systems Group
CONTACT: John Segvich of Federal Signal Corporation Safety and Security
Systems Group, +1-708-587-3486, jsegvich@federalsignal.com Web site: http://www.federalsignal.com/
http://pipstechnology.com/
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Profile: automotive-news
Tyco Electronics Completes the Sale of its Radio Frequency Components and Subsystem and Automotive Radar Sensors Businesses
Tyco Electronics Completes the Sale of its Radio Frequency Components and Subsystem and Automotive Radar Sensors Businesses PEMBROKE, Bermuda, Sept. 29 /PRNewswire-FirstCall/ -- Tyco Electronics Ltd. (NYSE:TEL) has completed the previously announced sale of its Radio Frequency Components and Subsystem business, which was formerly part of the company's Wireless Systems segment. The business, which designs and manufactures RF components and subsystems for the aerospace, defense and commercial markets, was sold to Cobham Defense Systems Division, a subsidiary of Cobham plc. In a separate transaction, the company also completed the previously announced sale of its automotive radar sensors business, which designs and manufactures active radar proximity and attribute sensor systems used in vehicle driver assist and safety applications for the global automotive market. The business, which was also formerly part of the company's Wireless Systems segment, was sold to Autoliv Inc. Both transactions closed on September 26, 2008 and the company received net cash proceeds of approximately US$470 million from these sales, subject to final working capital adjustments. These transactions illustrate further progress in achieving the company's previously disclosed divestiture goals. ABOUT TYCO ELECTRONICS Tyco Electronics Ltd. is a leading global provider of engineered electronic components, network solutions, undersea telecommunication systems and wireless systems, with 2007 sales of US$13.0 billion to customers in more than 150 countries. We design, manufacture and market products for customers in industries from automotive, appliance and aerospace and defense to telecommunications, computers and consumer electronics. With over 7,000 engineers and worldwide manufacturing, sales and customer service capabilities, Tyco Electronics' commitment is our customers' advantage. More information on Tyco Electronics can be found at http://www.tycoelectronics.com/. ABOUT COBHAM PLC Cobham plc is an international company engaged in the development, delivery and support of advanced aerospace and defense systems for land, sea and air platforms. The company specializes in the provision of components, sub-systems and services that keep people safe, improve communications and enhance the capability of aerospace and defense platforms. Cobham Defense Systems Division designs and manufactures critical technology for network centric and intelligence operations, enabling information to be moved around and managed on the digital battlefield. The division specializes in RF and microwave front ends for radar, communication and electronic warfare systems, providing components, integrated assemblies and subsystems for military aircraft, ground vehicles, missiles, naval vessels, space launch vehicles and satellites. A comprehensive range of scientific, systems engineering and technical assistance services are provided to the intelligence and missile defense market, including training, testing and evaluation services for US tactical systems, including supportability analysis and training for Unmanned Aircraft Systems programs. The division is also the world leader in advanced tactical military vehicle intercom systems and soldier and ground vehicle situation awareness products and supplies niche, high technology products for the commercial aerospace and civilian markets, including air traffic control and weather radars. ABOUT AUTOLIV INC. Headquartered in Stockholm, Autoliv Inc. develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures, Autoliv has more than 80 facilities with 42,000 employees in 30 vehicle-producing countries. In addition, the company has technical centers in nine countries around the world, including 20 test tracks, more than any other automotive safety supplier. Sales in 2007 amounted to US $6.8 billion. The company's shares are listed on the New York Stock Exchange (NYSE:ALV) and its Swedish Depository Receipts on the Stockholm Stock Exchange (SSE: ALIV). For more information about Autoliv, please visit the company website at www.autoliv.com.
Source: Tyco Electronics Ltd.
CONTACT: Media Relations, Sheri Woodruff, +1-610-893-9555, Office,
+1-609-933-9243, Mobile, swoodruff@tycoelectronics.com, or Investor Relations,
John Roselli, +1-610-893-9559, Office, john.roselli@tycoelectronics.com, or
Keith Kolstrom, +1-610-893-9551, Office, keith.kolstrom@tycoelectronics.com,
all of Tyco Electronics Ltd. Web site: http://www.tycoelectronics.com/
http://www.autoliv.com/
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Profile: automotive-news
Pennsylvania State Police Initiative Aims to Reduce Crashes Involving Trucks on Section of Interstate 81
Pennsylvania State Police Initiative Aims to Reduce Crashes Involving Trucks on Section of Interstate 81 HARRISBURG, Pa., Sept. 29 /PRNewswire-USNewswire/ -- A busy stretch of Interstate 81 in Dauphin and Cumberland counties will be the focus of a new initiative launched today by the Pennsylvania State Police that aims to reduce accidents involving commercial trucks. "The Ticket Aggressive Cars and Trucks initiative, or TACT, encourages safe driving behavior by those driving passenger cars and commercial vehicles," Acting State Police Commissioner Frank E. Pawlowski said during a news conference at department headquarters. The TACT initiative will focus on the 33-mile section of I-81 from the Newville Exit in Cumberland County to the intersection with I-83 in Dauphin County. "We typically have a lot of trucks through this area and troopers have investigated more than 750 crashes involving commercial vehicles along I-81 in Cumberland and Dauphin counties since 2003," Pawlowski said. TACT will use highway billboards, posters, safety awareness messages and brochures to educate drivers about the importance of sharing the road and steering clear of unsafe situations. Joining Pawlowski for the event were Federal Motor Carrier Safety Administration Administrator John Hill; James Runk, president and CEO of the Pennsylvania Motor Truck Association; and Scott Christie, PennDOT District 8 executive. "Many passenger car drivers don't know a truck's limitations in terms of maneuverability, stopping distances and blind spots," Pawlowski said. "Driving around large trucks requires extra care." As part of the initiative, Pawlowski said state police will aggressively look for violations that, historically, have contributed to crashes involving commercial vehicles. Those violations, he said, include speeding, following too closely, reckless driving, and unsafe lane changes. State police will use marked and unmarked patrol vehicles and fixed-wing aircraft as part of the enforcement effort. In addition, motor carrier enforcement teams will conduct truck inspections to look for faulty equipment, overweight vehicles and fatigued drivers. Pawlowski said the initiative is funded primarily by grant money from the Federal Motor Carrier Assistance Administration obtained through PennDOT. CONTACT:
Cpl. Linette G. Quinn
Jack J. Lewis
(717) 783-5556 Source: Pennsylvania State Police Department
CONTACT: Cpl. Linette G. Quinn, or Jack J. Lewis, both of Pennsylvania
State Police Department, +1-717-783-5556 Web Site: http://www.state.pa.us/
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Profile: automotive-news
Petit Le Mans Green Challenge Represents Milestone for SAE International Members
Petit Le Mans Green Challenge Represents Milestone for SAE International Members WARRENDALE, Pa., Sept. 29 /PRNewswire-USNewswire/ -- A landmark event that represents years of commitment by SAE International members will come to fruition when the circular-shaped trophy representing sustainability is awarded Saturday night at the American Le Mans Series (ALMS) Petit Le Mans Green Challenge. The Petit Le Mans Powered by the Totally New Mazda6, set for Road Atlanta, will be the first motorsports event to use the Green Racing Protocols developed by SAE International, the U.S. Department of Energy (DOE), the U.S. Environmental Protection Agency (EPA) and ALMS. The overall inspiration was developed almost five years ago by a group of SAE International members, led by noted auto-racing executive Herb Fishel. In 2006, DOE, the EPA and SAE International automotive-industry leader-members formed the Green Racing Working Group to further develop the program. Then, at this year's North American International Auto Show in Detroit, the American Le Mans Series announced it would become the first sanctioning body to put the environmentally focused competition on track. Essentially, the new competition encourages manufacturers to introduce and develop "green" technologies and promote them through auto racing. "While many industries are involved in 'green' concepts, SAE International views auto racing as one of the most viable avenues to educate the public about alternative fuels and cutting-edge technology," said David L. Amati, SAE International director of Global Automotive Business. "As a global sport, auto racing is second only to soccer in popularity. The global aspect is integral, as the automotive industry worldwide is seeking to balance transportation needs with energy concerns through technical innovation." "The auto manufacturers competing in the American Le Mans Series have demanded this type of initiative," said Scott Atherton, ALMS president and CEO. "The platform goes a long way to restore auto-racing's relevance in promoting the progressive technology of its auto manufacturers to consumers." SAE International is a global association of 115,000 engineers and related technical experts in the automotive, aerospace and commercial-vehicle industries. SAE International's core competencies are life-long learning and standards development. SAE International's charitable arm is the SAE Foundation, which supports many programs, including A World in Motion(R) and the Collegiate Design Series. Contact: Nancy Lewis or Shawn Andreassi, both of SAE International, via pr@sae.org or call 1-248-273-4092.
Source: SAE International
CONTACT: Nancy Lewis or Shawn Andreassi, both of SAE International,
+1-248-273-4092, pr@sae.org
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Profile: automotive-news
Spartan Chassis Announces Multiple Orders for Mine-Protected Variant Vehicles
Spartan Chassis Announces Multiple Orders for Mine-Protected Variant Vehicles Now Supplying More Than 20 Threat-Specific Variants for U.S. and Allies CHARLOTTE, Mich., Sept. 29 /PRNewswire-FirstCall/ -- Spartan Chassis, a unit of Spartan Motors, Inc. (NASDAQ:SPAR), said it has received multiple, small specialized orders for new MRAP variant products, an indication of the possibilities for the highly successful mine-resistant, ambush-protected (MRAP) vehicle program. Spartan said it is now supplying more than 20 threat-specific variants of mine-protected vehicles for the U.S. military and a growing number of allied militaries, including those of Great Britain, Italy, Canada, Iraq and Yemen. These mine-protected variants of MRAPs -- which include ordnance disposal, ground ambulance, recovery vehicles and specially outfitted vehicles for Special Forces units -- are enabling troops to perform a far greater range of activities while benefiting from the unique life-saving attributes of the V-shaped, blast-protected hull. "Unfortunately, improvised explosive devices -- IEDs -- continue to increase in popularity as a weapon of choice, and the data indicates growing use worldwide," said John Sztykiel, president and CEO of Spartan Motors. "Faced with this threat, the U.S. military is increasingly drawing on our team's expertise and that of our OEM partners to produce threat-specific, even one-off MRAP variants. These vehicles must perform specialized, mission-critical tasks such as supporting Special Forces operations, executing ordnance removal and disposal or extracting injured soldiers in a mine-protected ambulance configuration. It is an honor for Spartan Chassis to be the go-to company in assisting with the rapid creation and production of these threat-specific vehicles." Spartan has become a leading, critical supplier of a broad array of mine-protected vehicle models, including: -- MRAP and MRAP-Plus vehicles, including Cougar and RG-33
-- Iraqi Light Armored Vehicle (ILAV) for allied Iraqi Security Forces
-- Yemen Light Armored Vehicle (YLAV) for Yemeni Military
-- Joint Explosive Ordnance Disposal Rapid Response Vehicles (JERRV)
-- Mine Resistant Recovery and Maintenance Vehicles (MRRMV)
-- Heavy Armored Ground Ambulances (HAGA)
-- Special Operations Command vehicles (SOCOM)
-- Mastiff MRAP for the United Kingdom
-- MRAP variants for Italy and Canada
-- TLAV -- Mine-protected training vehicle for the U.S. Navy and the Joint
Improvised Explosive Device Defense Organization
MRAP vehicles are a family of heavily armored fighting vehicles specially designed to survive deadly IED (improvised explosive device) attacks, which have been responsible for 60 percent of all U.S. casualties in Iraq, and are a growing problem in Afghanistan and other hot spots of the global war on terror. The vehicles are defined by their innovative, V-shaped hulls, which deflect explosive forces originating below the vehicle -- a point of weakness for non-MRAP military vehicles, such as Humvees.
"As mine-protected vehicles continue to evolve to meet emerging threats, Spartan's expertise in rapid automotive engineering, speed-to-market and custom production positions us to meet future design reset requirements -- and sustain these variant programs with parts and service in the field," added Sztykiel. "Product and safety innovation are historical strengths of Spartan Chassis stemming from our 30-year heritage protecting emergency-rescue first responders, and we expect our capabilities to play an important role in the success of the military's next generation of tactical wheeled vehicles." Since 2005, Spartan has invested about $16 million in facilities and equipment for military production. Spartan has shared its military-related work with 100 Michigan-based companies, helping to employ 6,400 Michigan workers and spending $148.4 million with these companies in 2007 alone. About Spartan Chassis, Inc. Spartan Chassis, Inc., a subsidiary of Spartan Motors, Inc. (NASDAQ:SPAR), is a leading developer and manufacturer of custom chassis for recreational vehicles, fire trucks and specialty vehicles. Spartan Motors ( www.spartanmotors.com ) which also manufactures emergency rescue vehicles under the brand names of Crimson Fire, Crimson Fire Aerials and Road Rescue, reported sales of $681.9 million in 2007 and is focused on becoming the premier manufacturer of specialty vehicles and chassis in North America. This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties that ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the plans outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Annual Report on Form 10-K filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/ ). Government contracts and subcontracts typically involve long payment and purchase cycles, competitive bidding, qualification requirements, delays or changes in funding, extensive specification development and changes, price negotiations and milestone requirements. An announced award of a governmental contract is not equivalent to a finalized executed contract and does not assure that orders will be issued and filled. Government agencies also often retain some portion of fees payable upon completion of a project and collection of contract fees may be delayed for long periods, which can negatively impact both prime contractors and subcontractors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.
Source: Spartan Chassis, Inc.
CONTACT: Jeff Lambert or Ryan McGrath, +1-616-233-0500, both of Lambert,
Edwards & Associates Web Site: http://www.spartanmotors.com/
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Profile: automotive-news
AIAG's Health Solutions '08: Wellness Pays Conference Helps Companies to Drive Down Health Care Costs and Improve Employee Productivity
AIAG's Health Solutions '08: Wellness Pays Conference Helps Companies to Drive Down Health Care Costs and Improve Employee Productivity The Automotive Industry Action Group (AIAG), a Leading Supply Chain Association, Presents Solutions to Rising Health Care Expenses SOUTHFIELD, Mich., Sept. 29 /PRNewswire/ -- More and more companies in the automotive supply chain are struggling to compete, amidst alarming increases in the cost of employee health benefits which account for an estimated $1,500 per vehicle produced. Lost productivity on the job is as much as two-times the combined cost of medical care and absence for employees with chronic health conditions. However employers can control these costs by implementing wellness, prevention and disease management programs which are proven to not only keep employees healthy but also raise productivity. (Logo: http://www.newscom.com/cgi-bin/prnh/20040719/DEM007LOGO ) "An ounce of prevention is worth a pound of cure. In fact, prevention is priceless when it comes to an individual's health and the productivity of this industry," stated Dave Lalain, Life Sciences Director for AIAG. Implementing a wellness program is an investment in human capital that can produce an extraordinary return on investment - $5.82:1 due to reduce absenteeism and $3.48:1 due to reduced medical costs. "AIAG's Health Solutions '08 conference is designed to expand employers and their workforce's access to proven wellness and prevention programs," says Jane DeHart, vice president operations, Midwest Health System, Work-Safe Occupational Health. Best practice approaches for implementing sustainable wellness programs will be presented to help organizations, large and small, net up to a 37 percent decrease in their health care costs. Highlights include: -- Don R. Powell, president and CEO, American Institute for Preventive Medicine will deliver the keynote presentation "The Ten Essential Characteristics of Successful Worksite Wellness Programs." -- Teresa Bartlett, senior manager, disability & health care medical programs, Chrysler LLC, discusses Chrysler's successful "leap of faith" in controlling costs with a "A Non-Traditional Approach to Pain" -- Robert A. Levine, PhD., director for integrative wellness and research, Henry Ford Health System, presents "Complementary Medicine for Alleviating Chronic Pain and Stress" -- Charles H. Taylor, M.D. discusses "The Power of Good Health," and the success of TI Automotives' four-year clinical wellness program -- Richard Frank, MD, MHSA, medical director, United Health Care, will talk about "Health, Wellness & Return on Investment -- A Payers Perspective" -- Alan Spielman, president and CEO of the URAC, explains comprehensive wellness and focused wellness health management accreditation programs. For more information on AIAG's health care projects or to register for Health Solutions '08, visit www.aiag.org or call AIAG customer service at (248) 358-3003. About AIAG The AIAG is a globally recognized organization founded in 1982 by a group of visionary executives from Chrysler, Ford Motor Company, and General Motors. The membership has grown to include prominent automotive OEM and suppliers such as Nissan, Toyota, Honda, Caterpillar Tractor, John Deere Corporation, International Truck Corporation, Daimler, PACCAR and others. Their purpose: To provide members an open forum to cooperate in developing and promoting solutions that enhances the prosperity of the automotive industry. AIAG members play a unique role in the development of new technologies and the standards that govern their usage. Under the auspices of AIAG, volunteers from all layers of the supply chain work together to resolve issues critical to the automotive supply chain. For more information, please visit the organization's Web site at www.aiag.org. Photo: http://www.newscom.com/cgi-bin/prnh/20040719/DEM007LOGO
PRN Photo Desk photodesk@prnewswire.com
Source: AIAG
CONTACT: Lorrie Kinney, AIAG, +1-248-213-4676 Web site: http://www.aiag.org/
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Profile: automotive-news
Navtones Delivers Directions to Knight Rider GPS By Mio
Navtones Delivers Directions to Knight Rider GPS By Mio K.I.T.T. Voice Sets Standard For Navigation Entertainment BURBANK, Calif., Sept. 29 /PRNewswire/ -- With designs on the future of human-machine relationships, and for more than twenty-five years after its premiere on American airwaves, Knight Rider has been a worldwide entertainment sensation and an inspiring fantasy of technological 'what-ifs.' Until now. Navtones, the global provider of celebrity and branded turn-by-turn voices to the GPS navigation industry, has managed and delivered to Mio Technology, a comprehensive entertainment licensing package for the navigation supplier's forthcoming Knight Rider GPS. In partnership with Universal Pictures Digital Platforms Group, the Knight Rider GPS is a groundbreaking device that seamlessly blends themes from the franchise's globally-idolized TV icon with the Navtones K.I.T.T. voice (recorded by the original series' actor, William Daniels) for a 'dream come true' entertainment experience right off the shelf. Having supplied TomTom GPS users with celebrity voice downloads since 2006, the Knight Rider project marks an evolutionary milestone for Navtones with the North American debut of the first GPS device purpose-built around the highly-entertaining voice content that is the company's hallmark and namesake. In addition to the original voice of K.I.T.T. for turn-by-turn driving directions, the Knight Rider GPS also features a Navtones-designed custom voice architecture which allows users to select their name for personalized, random greetings with each power-up. Further, in their quest to faithfully replicate the authentic Knight Rider experience, Mio's bold team of design experts integrated dual 'anamorphic equalizer' LED displays, which provide the requisite visual accompaniment to K.I.T.T.'s commands. "You can't be in the navigation content game without bringing Knight Rider into the mix, and we are delighted to be working with the visionary teams at Universal and Mio Technology in bringing a new level of excitement to the streets," says Will Andre, CEO of Navtones. The Navtones website (http://www.navtones.com/) provides additional road- proven celebrities for download and licensing including the newly-released Kim Cattrall, Mr. T, Burt Reynolds, Dennis Hopper, and Gary Busey, and is the future home of K.I.T.T. voice updates. The Knight Rider GPS by Mio will be available in September through leading North American electronics retailers, and online at http://www.navtones.com/store. About Navtones Los Angeles-based Navtones is a global provider of celebrity, specialty, and branded voice content for GPS navigation systems. Thousands of drivers in more than 30 countries know what it means to "Nav It Your Way" from installing Navtones on their portable navigation devices. Founded in 2004 with a mission to add entertainment to the daily commute, Navtones content is available to both consumers and navigation enterprise via download and embedded license, respectively. To sample our exclusive catalog or for more information, please check us out at http://www.navtones.com/. About Mio Technology Mio Technology develops and markets products that enable users to take advantage of the latest developments in mobile services. The company was established in May 2002 and now has operations in Taiwan, mainland China, Europe, North America, Australia, Japan and South Korea. Mio Technology has more than 1,200 employees worldwide and sells and markets its products in over 47 countries and territories. The company offers a wide array of mobile navigation products, which today includes car navigation systems, handheld navigation systems, GPS PDA phones and GPS PDAs, all designed to enable people to explore and discover the world around them. Mio Technology is among the world's top three vendors of mobile devices with integrated GPS. The company is online at http://www.mio.com/. About Universal Pictures Digital Platforms Group Universal Pictures Digital Platforms (UPDPG) is responsible for global digital product development, production, licensing, distribution, and growth strategy for the extensive catalogue of Universal's properties across new and emerging digital platforms, including mobile, video game consoles, personal computers, and other portable devices. With a worldwide mandate to help shape the digital future of Universal Pictures, the Group has offices in Universal City, California; London, England; and Tokyo, Japan. Universal Pictures Digital Platforms Group is a unit of Universal Studios Home Entertainment and Universal Pictures. Universal Pictures is a division of NBC Universal, one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. Formed in May 2004 through the combining of NBC and Vivendi Universal Entertainment, NBC Universal owns and operates a valuable portfolio of news and entertainment networks, a premier motion picture company, significant television production operations, a leading television stations group, and world-renowned theme parks. NBC Universal is 80% owned by General Electric and 20% owned by Vivendi. This press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com/.
Source: Navtones.com
CONTACT: Richard Reardon of Navtones.com, 1-888-414-5060, ext. 212, Fax,
+1-818-237-5054, info@navtones.com Web site: http://www.navtones.com/
http://www.mio.com/
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Profile: automotive-news
posted by automotive-news # 9:44 AM
Manheim Named One of Top 50 'Best Employers For Workers Over 50' By AARP
Manheim Named One of Top 50 'Best Employers For Workers Over 50' By AARP ATLANTA, Sept. 29 /PRNewswire/ -- Manheim's reputation as a great place to work has been recognized by one of the nation's most recognized member organizations. AARP has ranked Manheim 36th in its 2008 "Best Employers for Workers Over 50 list," which will be featured in AARP The Magazine's November/December issue. (Logo: http://www.newscom.com/cgi-bin/prnh/20080424/CLTH149LOGO ) Manheim earned high marks in the categories of recruiting, which includes the types of employment Manheim offers and its methods and efforts to attract new candidates; continued workplace opportunities, which includes how Manheim provides new experiences for employees in the workplace and opportunities for continued career development; and organization statistics, which includes the age composition of Manheim's workforce. "Manheim is honored to be included on this list with other great companies across the nation, and we're proud that our workers feel that our company offers opportunities for growth and career development for those over 50," said Lilicia Bailey, Manheim chief people officer. "Approximately one-half of our employees are over the age of 50, and their commitment and dedication help make us a respected leader in the vehicle remarketing industry." Manheim joins a broad group of employers in the top 50 that includes Cornell University, Scripps Health, S. C. Johnson and Son, Inc., and the National Institutes of Health. The complete list can be found online at www.aarpthemagazine.org . Employers applied for the Best Employers honor by submitting an application outlining their exemplary policies and practices related to workers over 50. Candidates were reviewed to ensure that practices met the needs of older workers. Key areas of consideration include: recruiting practices; opportunities for training, education and career development; workplace accommodations; alternative work options, such as flexible scheduling, job sharing and phased retirement; employee health and pension benefits; retiree work opportunities; and training and development. About Manheim Manheim (www.manheim.com) is the world's leading provider of vehicle remarketing services. Through its wholesale operating locations and array of technology products, Manheim impacts every stage of a used vehicle's life cycle, helping commercial sellers and automobile dealers realize the full value of their vehicles. The company's operating location services include reconditioning, certification, inspections, dealer financing, transport, title management and marshaling, among others. Manheim is also the leader in vehicle remarketing technology, using its online tools to connect buyers and sellers around the globe to the world's largest, most comprehensive wholesale marketplace. In 2007, Manheim handled nearly 10 million used vehicles, facilitating transactions representing more than $59 billion in value. Manheim's subsidiary companies provide value-added remarketing products and services, including paintless dent removal (Dent Wizard), Auto Body Repair and salvage vehicle remarketing (Total Resources Auctions). Manheim is a subsidiary of Atlanta-based Cox Enterprises, Inc., one of the nation's leading media companies and providers of automotive services. About AARP AARP is a nonprofit, nonpartisan membership organization that helps people 50+ have independence, choice and control in ways that are beneficial and affordable to them and society as a whole. AARP does not endorse candidates for public office or make contributions to either political campaigns or candidates. We produce AARP The Magazine, the definitive voice for 50+ Americans and the world's largest-circulation magazine with over 33 million readers; AARP Bulletin, the go-to news source for AARP's 40 million members and Americans 50+; AARP Segunda Juventud, the only bilingual U.S. publication dedicated exclusively to the 50+ Hispanic community; and our website, AARP.org. AARP Foundation is an affiliated charity that provides security, protection and empowerment to older persons in need with support from thousands of volunteers, donors and sponsors. We have staffed offices in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080424/CLTH149LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Manheim
CONTACT: Andrea Mills, McNeely Pigott & Fox for Manheim,
+1-615-259-4000 Web Site: http://www.manheim.com/
http://www.aarpthemagazine.org/
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Profile: automotive-news
posted by automotive-news # 9:43 AM
Cobalt a Deloitte Washington State Technology Fast 50 Winner for the 7th Time
Cobalt a Deloitte Washington State Technology Fast 50 Winner for the 7th Time SEATTLE, Sept. 29 /PRNewswire/ -- Cobalt, the leading provider of digital marketing services to the retail automotive industry, announced today that it has been named to Deloitte's prestigious Technology Fast 50 Program for Washington State, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the region. (Logo: http://www.newscom.com/cgi-bin/prnh/20071213/COBALTLOGO) "We are excited to receive this honor for the seventh time. With the help of our dedicated employees and loyal customers, we continue to lead our industry," Cobalt's CEO, John Holt. "We are developing a variety of new products and services to support our clients and help them exceed their own growth goals for years to come." Cobalt's 2003 - 2007 revenue growth of 155% resulted in a 30th place ranking in the Technology Fast 50 for Washington State. Cobalt continues to rank among the fastest growing marketing and technology companies in the country with rankings this year on the Inc. 5000 and Washington CEO's Top 1000 Private Companies. To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. This year's Washington State Technology Fast 50 program is co-presented by Deloitte & Touche USA LLP and Perkins Coie, Citibank, AH&T Insurance and the Puget Sound Business Journal. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit http://www.fast500.com/. About Cobalt Cobalt is North America's leading provider of automotive marketing services. For thirteen years, Cobalt's mission has been to help automobile dealers and manufacturers increase their retailing effectiveness and profitability. Cobalt provides marketing services to nearly half of the automotive dealerships in the United States, as well as automotive dealers in Canada and Mexico. Cobalt's marketing services are endorsed by two-thirds of the world's major automotive manufacturers. About Deloitte As used in this document, "Deloitte" means Deloitte LLP and Deloitte Services LP, a subsidiary of Deloitte LLP. Please see http://www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Media Contact
Amy Hatch
Marketing Manager, Cobalt
ahatch@cobalt.com
206.219.8132
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20071213/COBALTLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Cobalt
CONTACT: Amy Hatch, Marketing Manager of Cobalt, +1-206-219-8132,
ahatch@cobalt.com Web site: http://www.cobalt.com/
http://www.fast500.com/
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Profile: automotive-news
posted by automotive-news # 9:08 AM
Timing and Scoring System Using RFID Tags Obsoletes Traditional Transponders
Timing and Scoring System Using RFID Tags Obsoletes Traditional Transponders FERNLEY, Nev., Sept. 29 /PRNewswire/ -- Zoomius Inc. today announced the success of the first race weekend run completely with its revolutionary RFID timing and scoring system. A combined Z2/USGPRU motorcycle race weekend at the Reno-Fernley circuit near Reno, Nevada on the weekend of August 23-24th featured the first use of the Zoomius TITAN RFID timing and scoring system to manage a complete race event. The event combined practice sessions, qualifying sessions, sprint races and an endurance race, all of which were completely managed, timed and scored by the Zoomius TITAN RFID race management system. Live timing and scoring, results and lap-times were available to all racers with a wi-fi enabled computer. "The race weekend was a complete success," said Chris Keane, CEO of Zoomius Inc. "Our long-term research and development has paid off with a great result. Our receivers at start/finish, pit-in and pit-out gave everyone -- staff and racers alike -- a complete and accurate picture of everything that was happening at any moment." RFID tags are low-cost, disposable labels that significantly reduce the cost of outfitting each vehicle. The entry list for the Z2/USGPRU weekend featured just under one hundred motorcycles, which were completely outfitted with tags for less than $40 -- less than one thousandth of the cost of outfitting all vehicles with traditional powered transponders. Zoomius' patent-pending RFID timing system has been in development for several years and has solved significant problems yet to be discovered by other companies who have recently made forays into RFID timing systems. "There have been huge hurdles to overcome since we began development in 2002. Our latest technology has shown no problem reliably scoring vehicles traveling in excess of 180 mph and in large clusters such as at the start of a race," continued Keane. "Actually, 180 mph isn't a limit of our RFID system; we just can't get our bikes to go faster on the front straight at Reno-Fernley." The first successful race weekend has demonstrated that RFID timing and scoring is more than just an interesting concept and that the technology is primed for widespread acceptance into the racing community. The system is portable, easy to set up and fully integrated with the industry-leading TIGER registration management software from Zoomius. The system works equally well for motorcycles and cars. About Zoomius Inc.
Zoomius Inc. is the industry leader in information systems for track-based businesses. Zoomius specializes in providing systems to streamline operations and reduce costs for track day organizations of all sizes. In 2007 Zoomius expanded into providing end-to-end information management systems for race organizations and now provides completely integrated solutions to some of the largest club racing organizations in the United States. For more information, please visit http://www.zoomius.com/.
Press Contact: Chris Keane
888-ZOOMIUS (888-966-6487)
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/.
Source: Zoomius Inc.
CONTACT: Chris Keane of Zoomius Inc., +1-888-966-6487 Web site: http://www.zoomius.com/
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Profile: automotive-news
posted by automotive-news # 8:24 AM
Ford Selects Three Latina Breast Cancer Survivors for National Education Awareness Campaign
Ford Selects Three Latina Breast Cancer Survivors for National Education Awareness Campaign - Three Hispanic breast cancer survivors honored by Ford for their courageous battle against breast cancer and their inspiration to others in the community. - A 14-year national sponsor of the Susan G. Komen Race for the Cure(R), Ford has dedicated more than $95 million in cash and in-kind donations to save lives and end breast cancer. - Ford renews its commitment for the cause and continues to raise money for Susan G. Komen for the Cure with the 2008 Warriors in Pink collection - an extensive collection of apparel and accessories for women, men, and children available at www.fordcares.com and www.fordenespanol.com/saluddelseno. DEARBORN, Mich., Sept. 29 /PRNewswire/ -- To continue raising awareness about early detection and prevention of breast cancer, Ford with its Warriors in Pink program is teaming up with Susan G. Komen for the Cure(R) to honor three Hispanic women for being examples of true warriors. The Ford Warriors in Pink campaign recognizes special women whose strength and courage allowed them to overcome the fight against breast cancer and are now helping other women in their communities do the same. According to the American Cancer Society, breast cancer is the most frequent cancer affecting Hispanic women, and yet they are least likely to solicit and obtain medical information about breast cancer among women in all ethnic groups. This year Ford is honored to recognize three Hispanic women -- Itzel Diaz from Miami; Rosa Garcia-Viteri from Los Angeles and Alma Horvath from Dallas. After battling breast cancer, these women are now dedicated to providing support to other breast cancer survivors and raising awareness about the importance of early detection. "Cancer has done two things for me. It has given me the opportunity to make life better each time it has challenged me, and it has emphasized the need and responsibility I have to share my story to help others and spread public awareness," said Rosa Garcia-Viteri, Los Angeles' Warrior in Pink. "I'm a 56 year-old female who has fought five separate battles of breast cancer and survived for 24 years. By using myself as an example, it gives people hope that it can be done!" The Warriors in Pink campaign is meant to empower women to have a brave heart and a determined soul, to fight like a warrior for the day when our world no longer loses our loved ones to breast cancer. Whether through a long-time survivor, someone who is currently fighting the disease or someone who understands the urgency to eliminate this threat, Ford wants to show that there is a warrior within all women, men and children. Embarking on its 14th year of support for Komen for the Cure, the leader of the breast cancer movement, Ford has dedicated more than $95 million in cash and in-kind donations to save lives and end breast cancer. In honor of this year's three Hispanic warriors, Ford will donate $1,000 in each of their names to their local affiliate of Komen for the Cure. "We are pleased that Ford is continuing its commitment to Komen and recognizing Hispanic Warriors in our communities for the second year in a row," said Katrina McGhee, vice president of marketing for Susan G. Komen for the Cure. "We hope that these true Warriors in Pink continue to offer their support and encouragement to women battling breast cancer and that together we can find the cures for this disease. In addition to the donation to Komen on behalf of the Hispanic Warriors, Ford continues to drum up support for the organization through the sale of its popular and trendy Warriors in Pink collection, which features apparel and accessories for women and men with important symbols signifying the message of hope, strength and unity in the commitment to fight against breast cancer. This year, the line has grown with the addition of practical items such as travel tumblers, key chains and license plate frames as well as new designs in their apparel collection. All apparel and accessories are available on www.fordenespanol.com/saluddelseno, and 100 percent of net proceeds will be donated to Komen for the Cure. Last year, the line of apparel generated more than $1 million in sales, with all net proceeds going to Komen for the Cure. Those in the market for a new car can also support the cause as Ford has introduced the 2009 Ford Mustang with the Warriors in Pink package. The limited-edition package includes custom floor mats, pink stitching on leather seats and the steering wheels and the breast cancer emblem on the front of the car among other special features. Ford will donate to Komen $500 for every 2009 Warriors in Pink Mustang sold. "We are so proud to be able to recognize Hispanic warriors in our communities again this year. These courageous women really inspire others to muster the strength to fight breast cancer and also spread the word about the importance of early detection," said Connie Fontaine, Brand Content and Alliances Manager for Ford Motor Company. "With the recognition of our warriors and our 2008 Warriors in Pink apparel collection, we hope to have yet another successful year of increasing awareness and support for breast cancer." Ford Motor Company Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles in 200 markets across six continents. With about 229,000 employees and about 90 plants worldwide, the company's core and affiliated automotive brands include Ford, Lincoln, Mercury, Volvo and Mazda. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford's products, please visit www.ford.com. About Susan G. Komen for the Cure(R) Nancy G. Brinker promised her dying sister, Susan G. Komen, she would do everything in her power to end breast cancer forever. In 1982, that promise became Susan G. Komen for the Cure and launched the global breast cancer movement. Today, Komen for the Cure is the world's largest grassroots network of breast cancer survivors and activists fighting to save lives, empower people, ensure quality care for all and energize science to find the cures. Thanks to events like the Susan G. Komen Race for the Cure(R), we have invested more than $1 billion to fulfill our promise, becoming the largest source of nonprofit funds dedicated to the fight against breast cancer in the world. For more information about Susan G. Komen for the Cure, breast health or breast cancer, visit www.komen.org or call 1-877 GO KOMEN.
Source: Ford Motor Company
CONTACT: Dan Jarvis, Ford, +1-313-845-2709, djarvis1@ford.com, Cindy
Napoles-Weihl, +1-786-206-4304, cindy@prconexion.com, for Ford Web site: http://www.ford.com/
http://www.komen.org/
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Profile: automotive-news
posted by automotive-news # 8:23 AM
Kia Amanti Tops Strategic Vision SmartGreenIndex(SM)
Kia Amanti Tops Strategic Vision SmartGreenIndex(SM) Award-winning full-size sedan honored in new study - Amanti spotlighted for quality, fuel efficiency and overall value - Six Kia vehicles recognized as SmartGreen(SM) IRVINE, Calif., Sept. 29 /PRNewswire/ -- Kia Motors America (KMA) today announced the Kia Amanti topped the large car segment in the newest Strategic Vision automotive metric, the SmartGreenIndex(SM) (SGI(SM)). The SGI reflects the relationships between perceived quality plus overall value and issues including fuel economy and environmental friendliness. In addition to Amanti, according to the new SGI, Spectra compact, Rondo CUV, Sportage compact SUV, Sorento midsize SUV and Sedona minivan also scored highly in their respective segments. These placements further express consumers are taking note of Kia's efforts in providing stylish, comfortable and economically-friendly vehicles. "Seeing Amanti at the top of the SmartGreenIndex is a testament to our continuing consumer satisfaction," said Michael Sprague, vice president of marketing, KMA. "We also are very proud of the other Kia vehicles recognized by Strategic Vision and consumers, further exemplifying Kia as a consumer-minded manufacturer committed to offering quality, fuel-efficient vehicles to smart, discerning customers." Strategic Vision calculated the SGI from 44,320 buyer responses who purchased 2008 or 2009 models from September 2007 to March 2008. SmartGreen is based on actual customer experiences and is weighted according to those aspects which best predict customer advocacy, overall satisfaction, future brand choices and loyalty, which ultimately result in increased model and brand sales. Already a recipient of a J.D. Power and Associates APEAL Award in 2005 and recently awarded a "Good" rating from the Insurance Institute for Highway Safety (IIHS) in side impact crash tests, Amanti offers outstanding safety features, luxury and overall convenience in the full-size sedan segment, coming standard with amenities including: eight airbags; leather, chrome and wood accents; and a 3.8-liter all-aluminum DOHC V6 engine which generates 264 horsepower and 260 pound-feet of torque. About Kia Motors America Kia Motors America (KMA) is the sales, marketing and distribution arm of Kia Motors Corporation based in Seoul, South Korea. KMA offers a complete line of vehicles through more than 640 dealers throughout the United States. For 2007, KMA recorded its 14th consecutive year of record U.S. sales. Kia Motors subscribes to a philosophy of building high value, high quality, safe and dynamic vehicles. Kia Motors prides itself on producing vehicles that are exciting and enabling and evoke the Kia tagline "The Power to Surprise." Kia Motors America is the "Official Automotive Partner of the NBA." Information about Kia Motors America and its full vehicle line-up is available at its Web site -- http://www.kia.com/. For media information, including photography, visit http://www.kiamedia.com/.
Source: Kia Motors America
CONTACT: Alex Fedorak of Kia Motors America, +1-949-468-4813,
afdorak@kiausa.com
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Profile: automotive-news
posted by automotive-news # 8:19 AM
SCI ranked among Canada's Fastest Growing Technology companies in the Deloitte Technology Fast 50
SCI ranked among Canada's Fastest Growing Technology companies in the Deloitte Technology Fast 50 TORONTO, Sept. 29 /PRNewswire/ -- SCI is ranked among the Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Canada, based on the percentage of revenue growth over five years. SCI Ltd. which recently changed its name from Strategic Connections Inc., attained this ranking by increasing revenues by 1,482% from 2003 to 2007. For over a decade, the Deloitte Technology Fast 50 program has tracked the successful growth of Canadian-grown global leaders. Now Canada's pre-eminent technology award program, the Deloitte Technology Fast 50 augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking. Said Chris Cawston, President & CEO of SCI Ltd, "I attribute the Company's rapid and significant growth to SCI's unique retail process solutions for the automotive retail channel, as well as to the hard work, innovation and entrepreneurial spirit of SCI employees. There is little question that the provision of exceptional software solutions required exceptional people who were able to transform our vision into SaaS-based (Software-as-a-Service) solutions that could significantly improve automotive retail effectiveness. Being ranked among the Deloitte Technology Fast 50 is recognition of the innovation, creativity and industry of SCI employees and we look forward to continuing along the path of significant growth in the years to come." "Transforming technological innovation into business success is hard, and it's especially difficult to sustain such rapid revenue growth over five years," said John Ruffolo, National leader, Technology, Media & Telecommunications Industry Group, Deloitte. "SCI has rapidly built a highly successful company in the Canadian technology industry and we applaud their dedication and ability to transform their vision into reality." About SCI SCI is the market leader in retail process solutions for the automotive retail channel, through the current offering of lead consolidation, delivery, lead and lifecycle management products. The Company currently supports in excess of 6,500 automotive dealers in the United States and Canada. Based on a "SaaS" (Software-as-a-Service) model, SCI's enterprise retail process management solutions significantly improve automotive retail channel effectiveness for the sale of new and used vehicles, service, parts and accessories as well as customer retention, across an OEM enterprise and its network of dealers. For more information on SCI visit www.scitorque.com. About the Deloitte Technology Fast 50 The Deloitte Technology Fast 50 program is Canada's pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features four distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50 candidate),Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications and emerging technologies) and the Deloitte Technology Green 15 Awards (Canada's leading GreenTech companies that promote a more efficient use and re-use of the earth's resources in industrial production and consumption). Program sponsors include Deloitte, Gowlings, GrowthWorks, RBC Capital Markets, Wellington Financial, Stonewood Group, CATAAlliance and IGLOO. For further information, visit www.fast50.ca.
Source: SCI LTD.
CONTACT: Larry Rudolf, Vice President, Marketing, SCI Ltd,
lrudolf@scitorque.com; Nancy Saunders, Chief Financial Officer, SCI Ltd.,
nsaunders@scitorque.com
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Profile: automotive-news
posted by automotive-news # 8:18 AM
Buehler Motor, Inc., Appoints New Director of Purchasing for North American Operations
Buehler Motor, Inc., Appoints New Director of Purchasing for North American Operations Leading Mechatronic Drive Solutions Company Hires Industry Veteran John Lane to Lead Purchasing and Supplier Quality MORRISVILLE, N.C., Sept. 29 /PRNewswire/ -- Buehler Motor, Inc. (BMI), a leading international provider of mechatronic drive solutions, today announced the appointment of John Lane as the new director of purchasing for North American operations. (Photo: http://www.newscom.com/cgi-bin/prnh/20080929/CLM038 ) Lane will manage BMI's current purchasing activities and strengthen its supplier base to position the company for growth in North America. He will also be responsible for developing and implementing growth strategies for BMI in automotive, aerospace, business automation, medical devices and other target industries. Lane offers more than 18 years of industry experience, and began his career with Delphi Delco Electronics in Reynosa, Mexico, as the company's process engineer. His previous appointments include program manager for General Electric and project manager for Sony Ericsson. Lane's most recent assignment was general manager of purchasing for Panasonic Automotive Systems Company of America. A mechanical engineering graduate of the University of Memphis, he is married with one daughter. "We are pleased that John has joined the Buehler Motor team. With his broad experience in multiple industry sectors and in-depth understanding of the automotive purchasing community, John will be invaluable to Buehler's growth plans," said Robert Riedford, president and general manager, Buehler Motor, Inc. "We expect him to take a leading role in expanding the company's supplier base, and helping us grow awareness and share in key North American market segments." About Buehler Motor, Inc. Buehler Motor is an independent, globally active company focused on the development, production and marketing of technically challenging mechatronic drive solutions for the world's leading manufacturers in the automotive, aerospace, business automation, medical device and other industries. Driven by innovation, Buehler Motor offers comprehensive in-house research and development with more than 140 engineers and 1,600 qualified employees delivering more than 22 million units worldwide. Buehler Motor's Product Implementation Process (PIP) ensures superior manufacturing processes and the highest quality product for all standard line and customized drive solutions. As part of the worldwide Buehler Motor family, Buehler Motor, Inc. (BMI), based in Morrisville, N.C., offers its North American customers a combination of German engineering, research and development, manufacturing, and local sales and customer support - plus the competitive pricing advantages and on-time delivery that come from a global production footprint spanning three continents. For more information about Buehler Motor and products, please call (919) 380-3329 or visit www.buehlermotor.com. Media Contact:
Sung Choi
XPR, LLC, for Buehler Motor, Inc.
(949) 748-7000 x101
schoi@xpublicrelations.com Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080929/CLM038
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN11
PRN Photo Desk, photodesk@prnewswire.com
Source: Buehler Motor, Inc.
CONTACT: Sung Choi of XPR, LLC, for Buehler Motor, Inc.,
+1-949-748-7000 x101, schoi@xpublicrelations.com Web site: http://www.buehlermotor.com/
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Profile: automotive-news
posted by automotive-news # 8:10 AM
Fast Online Auto Insurance Quote Comparisons Offered By OnlineAutoInsurance.com
Fast Online Auto Insurance Quote Comparisons Offered By OnlineAutoInsurance.com LOS ANGELES, Sept. 29 /PRNewswire/ -- The lengthy process of comparing rates is now a thing of the past. http://www.onlineautoinsurance.com/ offers Americans the ability to instantly and efficiently complete an online auto insurance comparison from a variety of leading insurers such as Progressive, Unitrin, Infinity and GMAC among other recognizable brand names. (Logo: http://www.newscom.com/cgi-bin/prnh/20080311/CLTU015LOGO) The purpose of quote comparisons is to ensure competitive rates for the coverage desired, since the exact same protection may be priced differently within each company. Among the most commonly provided pieces of advice offered by professionals for maintaining low premiums is obtaining a few different quotes to better increase the chances of finding suitable coverage with premiums that fall within a given budget. A website operated by a licensed broker, http://www.onlineautoinsurance.com/ connects consumers with an array of carriers by hosting a single set of questions and electronically returning a fast premium quote from multiple companies. This is possible through time-reducing online technology which eliminates the need of repeatedly completing questionnaires or making several telephone calls to gather a variety of options. Based on rating factors and state laws, visitors may have the option of purchasing their policy online by signing applications electronically, replacing the ink signature. This gives policyholders the ability to insure vehicles without the need of driving to a local office location. In 2008, the World Wide Web has become a large source of policy issuance and indicates growth with each subsequent year. Scarlett Zavala, website conversion analyst states, "A factor deterring a significant percentage of US consumers from going online to satisfy their insuring needs is information security. As we tighten up security features, we are seeing an increase in consumer confidence resulting in higher Internet usage to fulfill such needs." With the use of a secure form, site visitors can be more confident that their information is secure. Additionally, for the purpose of rate comparisons, driver's license or social security numbers are not required although such data may be optionally provided for increased accuracy in auto insurance quotations. Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080311/CLTU015LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: OnlineAutoInsurance.com
CONTACT: Tony Diaz of OnlineAutoInsurance.com,
tony@onlineautoinsurance.com Web site: http://www.onlineautoinsurance.com/
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Profile: automotive-news
posted by automotive-news # 5:11 AM
Masternaut Three X Moves Up Tech Track 100 Rankings
Masternaut Three X Moves Up Tech Track 100 Rankings LEEDS, England, September 29/PRNewswire/ -- - With Photo Masternaut Three X is celebrating having been named as one of the UK's
fastest growing technology companies for the second year running. The
Leeds-based vehicle tracking and mobile resource management company was
ranked 43 in the 2008 Tech Track 100 league table that was recently published
in the Sunday Times, up an impressive 20 places on their 2007 listing. The
annual Sunday Times Tech Track 100, sponsored by Microsoft, Barclays
Commercial and BDO Stoy Hayward, ranks Britain's fastest growing private
technology companies based on sales growth over the last two years. Masternaut Three X provides end-to-end solutions for businesses on the
move, including vehicle tracking, mobile workforce applications and Microsoft
Dynamics business management software. Originally established as a best of
breed vehicle tracking company recent acquisitions have propelled the
business into one of the key players in the total mobile resource management
field. Masternaut Three X is proud to be a Microsoft Gold Partner and
Managing Director Martin Port was recently named as the Ernst & Young 2008
Northern Entrepreneur of the year for Technology and Communications and will
go on to represent the region at the national finals held in London later
this year. "To be included within the Sunday Times Tech Track 100 for two years
running is a tremendous achievement for the team," said Martin Port, Managing
Director of Masternaut Three X. "Our continued growth is a reflection of the
hard work, dedication and professionalism of every single person within the
company. Our solutions are of even greater value to businesses at a time when
the economy is getting tougher." Port continued, "Since starting the company in 2002 with just 3 employees
Masternaut Three X has grown sales to GBP 22 million with profits this year
rising to over GBP 2 million. The company now has over 200 employees, over
2000 customers in the UK and recently opened offices in Ireland and
Australia. This growth can be attributed to a desire to provide the best
business solutions coupled with the finest customer service, an ethos which,
we hope, will lead to future honours and success." Masternaut Three X is a specialist in innovative vehicle tracking and
mobile workforce applications delivered over the web. Increasing business
efficiency, reducing overheads and minimising environmental impact Masternaut
Three X creates, delivers and supports end to end solutions including back
office systems for finance and CRM, mobile workforce applications and hosted
services. Masternaut is Europe's leading vehicle tracking supplier with more
than 100,000 subscribers across Europe. http://www.masternaut.co.uk Note to Editors: A picture accompanying this release is available through the PA
Photowire. It can be downloaded from http://www.pa-mediapoint.press.net or
viewed at http://www.mediapoint.press.net or http://www.prnewswire.co.uk. Source: Masternaut Three X CONTACT: Martin Port, Masternaut Three X, +44(0)113-281-4000
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Profile: automotive-news
posted by automotive-news # 4:58 AM
New Survey Reveals Parents of Teen Drivers Don't Practice What They Preach
New Survey Reveals Parents of Teen Drivers Don't Practice What They Preach Survey Shows Teens Exhibit Similar Driving Habits to Their Parents; Findings Relevant as Teen Vehicle Crashes Expected to Spike in October BLOOMINGTON, Ill., Sept. 29 /PRNewswire/ -- State Farm(R) released the findings of a national survey today revealing that parents unknowingly may be contributing to teens' risky driving behaviors by not practicing what they preach. To help reduce teen driver vehicle crashes, the No. 1 killer of U.S. teens, State Farm conducted the survey to learn more about how parents approach their driver's education roles. (Logo: http://www.newscom.com/cgi-bin/prnh/20061017/CGTU039LOGO-b ) The findings are important because State Farm Claims data from the past five years show that October averages the highest number of teen auto insurance claims. According to State Farm, the nation's largest auto insurer, an increase in the number of 16- and 17-year-old driver claims* involving injury or collision can be expected to jump nearly 20 percent in October as compared to other months. Key findings from the parent survey show that in many instances the majority of parents are not following the safe driving advice they give to their teens, possibly setting dangerous examples for young, inexperienced drivers: -- 65 percent of parents talk on cell phones at least sometimes while driving; however 94 percent restrict their teens from doing the same -- 68 percent of parents are in a hurry at least sometimes when they drive
-- 65 percent of parents drive when they are tired at least sometimes
The parent survey is a follow-up to the 2007 National Young Driver Survey, conducted by State Farm and The Children's Hospital of Philadelphia(R) (CHOP), which examined driving through the eyes of teens and found that they drive under dangerous conditions -- while fatigued, talking on cell phones, and with multiple passengers. More specifically:
-- 89 percent of teens said they see their peers talking on cell phones while driving at least sometimes (1) -- 91 percent of teens see their peers driving in a hurry at least sometimes (2) -- 75 percent of teens said they see their peers drive when they are tired at least sometimes (3) "We are asking parents to be aware that their teens are watching and learning from their behaviors," said Laurette Stiles, vice president of Strategic Resources for State Farm. "State Farm is committed to working with parents to ensure their teens develop safe, smart driving behaviors. We will again join Congress in support of National Teen Driver Safety Week, Oct. 19- 25, to encourage parents, as well as young drivers, lawmakers and educators to work together to change risky driving behaviors and help save lives." The parent survey also found that parents would have liked more information or advice on teaching their teens to drive. For example: -- Half of parents would have liked more information on helping their teens avoid distractions -- One out of three could have used more advice on freeway driving, nighttime driving and road rage -- One fourth would have liked information on ways to help their teen avoid drinking and driving To ensure parents are equipped with the right tips and tools as they assist their teens with learning to drive, State Farm created an interactive Facebook(R) page devoted to teen driver safety. Parents who join the page can learn ways to help their teens navigate the road and share safe driving tips with other parents. Parents can go to Facebook for more details about the teen driver safety page. About the Parent and National Young Driver Surveys State Farm is in its third year of a multi-year research initiative focusing on teen drivers. The 2007 National Young Driver Survey, conducted by State Farm and CHOP, is the most comprehensive study of teen attitudes and behaviors as passengers and drivers to date. Nearly 6,000 students in 68 high schools throughout the U.S. were surveyed on what they do and see other teens do behind the wheel. State Farm's parent survey, conducted in June 2008, provided insights into how parents participate in the teen driver education process and influence their teens' driving behaviors. More than 1,000 parents or guardians of teens who have passed behind-the-wheel driving tests within the past year (June 2007-May 2008) were surveyed. State Farm has a strong legacy of conducting research to save lives on the road. For more than 10 years, State Farm and CHOP conducted child passenger safety research and used their findings to identify the proper seating and restraining methods for children in vehicles. Today, State Farm is focused on the most vulnerable group on the road -- teens. About State Farm State Farm(R) insures more cars and homes than any other insurer in the U.S., is the leading insurer of watercraft and is also a leading insurer in Canada. State Farm's 17,000 agents and 67,000 employees serve over 77 million auto, fire, life and health policies in the United States and Canada, and more than 1.9 million bank accounts. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 32 on the Fortune 500 list of largest companies. For more information, please visit statefarm.com(R) or in Canada statefarm.ca(R). About The Children's Hospital of Philadelphia The Children's Hospital of Philadelphia was founded in 1855 as the nation's first pediatric hospital. Through its long-standing commitment to providing exceptional patient care, training new generations of pediatric healthcare professionals and pioneering major research initiatives, Children's Hospital has fostered many discoveries that have benefited children worldwide. Its pediatric research program is among the largest in the country, ranking third in National Institutes of Health funding. In addition, its unique family-centered care and public service programs have brought the 430-bed hospital recognition as a leading advocate for children and adolescents. For more information, visit http://www.chop.edu/. 1. Driving Through The Eyes of Teens. The Children's Hospital of Philadelphia and State Farm. 2007. 2. Driving Through The Eyes of Teens. The Children's Hospital of Philadelphia and State Farm. 2007. 3. Driving Through The Eyes of Teens. The Children's Hospital of Philadelphia and State Farm. 2007. * This data was collected by adjusting for unequal numbers of days per month and excludes comprehensive, uninsured and underinsured claims Facebook(R) is a registered trademark of Facebook Inc. Deborah Schaller
GolinHarris
(312) 729-4352
dschaller@golinharris.com Vicki Harper
State Farm Insurance
(309) 766-9743
vicki.harper.hycc@statefarm.com Photo: http://www.newscom.com/cgi-bin/prnh/20061017/CGTU039LOGO-b
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: State Farm Insurance
CONTACT: Deborah Schaller, GolinHarris, for State Farm, +1-312-729-4352,
dschaller@golinharris.com; or Vicki Harper of State Farm Insurance, +1-309-
766-9743, vicki.harper.hycc@statefarm.com Web site: http://statefarm.com/
http://www.chop.edu/
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Profile: automotive-news
posted by automotive-news # 4:09 AM
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