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Automotive News
Our Automotive News coverage is updated daily with news and information from around the Internet, covering the latest developments in trucks, add-on components, racing, and the truck enthusiast lifestyle. Feel free to discuss any news in our Discussion Forum.
Wednesday, August 29, 2007
Toyota Motor Sales Announces Management Changes
Toyota Motor Sales Announces Management Changes TORRANCE, Calif., Aug. 29 /PRNewswire/ -- Toyota Motor Sales, USA, Inc. announced management changes for its Toyota and Lexus divisions, and Toyota Financial Services (TFS). The following executive assignments are effective immediately: David Nordstrom, vice president, TFS product and marketing, is appointed vice president, Lexus marketing, filling the position previously held by Deborah Wahl Meyer. Nordstrom will be responsible for all marketing activities for the Lexus Division. Nordstrom will report to Jim Farley, group vice president and general manager, Lexus Division. Since joining TFS in 1990, Nordstrom has held numerous key management positions including corporate manager of product, remarketing and brand, and regional manager of TFS' Western Region. Mike Wells, vice president and general manager, San Francisco Region, is appointed vice president, TFS product and marketing, replacing David Nordstrom. Wells will oversee the product development and marketing for TFS' insurance and finance products. Wells will report to David Pelliccioni, senior vice president, TFS sales and marketing. Since joining Toyota in 1986, Wells has held numerous key management positions including vice president of sales and dealer development, Lexus, and vice president of marketing, Lexus. He also held the positions of corporate and general manager of Toyota Financial Services, Insurance, and corporate manager and dean of dealer education and development, University of Toyota. Tom Devany, corporate manager, sales operations, is appointed general manager, San Francisco Region, replacing Mike Wells. Devany will be responsible for directing sales, service and parts, marketing, customer service, market representation and distribution for Toyota Division dealers in the San Francisco Region. Devany will report to Bill Fay, vice president of sales, Toyota Division. Devany joined TMS in 1991 and worked most recently as corporate manager, sales operations, where he served as the sales department liaison with regional and private distributor offices. Toyota Motor Sales, USA, Inc. is the marketing, sales, distribution and customer service arm of Toyota, Lexus and Scion vehicle brands in the United States, celebrating its 50th anniversary in America this year. Established in 1957, TMS markets products and services through a network of more than 1,400 Toyota, Lexus and Scion dealers. Toyota directly employs over 33,000 people in the U.S. and sold more than 2.5 million vehicles in 2006. For more information about our company, please visit http://www.toyota.com/, http://www.lexus.com/ and http://www.scion.com/.
First Call Analyst:
FCMN Contact:
Source: Toyota Motor Sales, USA, Inc.
CONTACT: Mike Michels, +1-310-468-7730, Mike_Michels@toyota.com, or
Xavier Dominicis, +1-310-468-5084, Xavier_Dominicis@toyota.com, or Karen
Ideno, +1-310-468-3646, Karen_Ideno@toyota.com, all of Toyota Motor Sales,
USA, Inc. Web site: http://www.toyota.com/
http://www.lexus.com/
http://www.scion.com/ NOTE TO EDITORS: Additional corporate information and executive biographies for members of the news media are available at http://pressroom.toyota.com -------
Profile: automotive-news
posted by automotive-news # 7:08 PM
Stillwater Mining Company Signs New PGM Supply Agreements
Stillwater Mining Company Signs New PGM Supply Agreements BILLINGS, Mont., Aug. 29 /PRNewswire-FirstCall/ -- Stillwater Mining Company (NYSE:SWC) announced today that it has amended the provisions of an existing PGM supply agreement and has signed a new agreement with one of its existing automotive industry customers extending a portion of Stillwater's sales commitments through 2012. The terms of the new agreements include: -- Stipulated monthly delivery commitments for palladium and rhodium;
-- Some sourcing flexibility for Stillwater on palladium and rhodium
deliveries;
-- A guaranteed minimum floor price on all sales of palladium under the
agreement; and
-- A customer discount off the prevailing market price on all sales above
the floor price.
The agreement also provides the customer with an opportunity to elect increased delivery volumes of palladium and rhodium after 2010.
Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of the Republic of South Africa and the Russian Federation. The Company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater Mining can be found at its Website: http://www.stillwatermining.com/.
First Call Analyst:
FCMN Contact:
Source: Stillwater Mining Company
CONTACT: Dawn McCurtain of Stillwater Mining Company, +1-406-373-8700 Web site: http://www.stillwatermining.com/
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Profile: automotive-news
posted by automotive-news # 6:35 PM
Nissan's Hydrogen-Free DLC Coating Wins METI Award
Nissan's Hydrogen-Free DLC Coating Wins METI Award - Excellence Award in the second Monozukuri Nippon Grand Awards - TOKYO, Aug. 29 /PRNewswire-FirstCall/ -- Nissan Motor Co., Ltd. today announced that its hydrogen-free diamond-like carbon (DLC) coating has won the Excellence Award in the Products and Technology Development Category of the second Monozukuri Nippon Grand Awards from Japan's Ministry of Economy, Trade and Industry (METI). The awards ceremony will take place on August 29 at the Shinagawa Prince Hotel, Tokyo. Nissan and its technology development partners, Riken Corp., Hitachi Ltd. and Nippon ITF Inc., received the coveted award category for creating a revolutionary product -- component or production technology that contributes to sustain the Japanese industry and society. The award-winning technology is the hydrogen-free DLC valve lifter that delivers improved fuel-efficiency. Nissan's DLC coating is a low-friction, highly abrasion-resistant non-crystalline carbon film with diamond-like properties, that does not contain hydrogen in its molecule structure. It significantly reduces the friction drag under oil lubricated condition. Nissan began applying the coating to its VQ35HR and VQ25HR valve lifters on the new Skyline and Infiniti G35, reducing friction between the cam and valve lifter by about 40%. The Monozukuri Nippon Grand Awards by METI aims to promote the Japanese tradition of monozukuri. The Ministry recognizes people and groups for excellence and leadership in the various fields of monozukuri, from traditional crafts to state-of-the-art technology. This breakthrough invention also won the Technology Development Award in the 57th Society of Automotive Engineers of Japan Awards*1, as well as the 2006 Japan Society of Mechanical Engineers Medal for New Technology*2. *1: 57th (2007) Society of Automotive Engineers of Japan Awards
Winning entry: Hydrogen-free DLC valve lifter and 5W30GF4 fuel-
efficient oil. *2: 2006 Japan Society of Mechanical Engineers Medal (New Technology)
Winning entry: Hydrogen-free DLC-coated engine valve lifter
First Call Analyst:
FCMN Contact:
Source: Nissan Motor Co., Ltd.
CONTACT: Nissan Motor Co., Ltd., Communications CSR Department, Global
Communications CSR and IR Division, +81-(0)3-5565-2141; or Tony Pearson of
Nissan Motor Co., Ltd., +1-615-725-6928
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Profile: automotive-news
posted by automotive-news # 5:28 PM
U. S. Steel Marks First Year of Mercury Switch Recovery Program
U. S. Steel Marks First Year of Mercury Switch Recovery Program PITTSBURGH, Aug. 29 /PRNewswire/ -- United States Steel Corporation (NYSE:X) recently marked the one-year anniversary of its participation in the national mercury reduction program known as the National Vehicle Mercury Switch Recovery Program (NVMSRP). U. S. Steel has been part of the program since it was launched on Aug. 11, 2006. The company began implementing its plan for participation in the NVMSRP in March 2007 and has asked all of its shredded scrap suppliers to register with End of Life Vehicle Services and to develop their own compliance programs. Supplier audits to ensure compliance are currently being conducted. The purpose of the NVMSRP is to prevent mercury pollution by removing mercury switches from automobiles and trucks before the vehicles are shredded and recycled into new steel. U. S. Steel supports the program and is participating fully in it as a member of the American Iron and Steel Institute (AISI). Other parties to the agreement include the AISI, the Steel Manufacturers Association, auto manufacturers, vehicle dismantlers and shredders, environmental organizations and the U.S. Environmental Protection Agency. For more information about U. S. Steel, visit http://www.ussteel.com/.
First Call Analyst:
FCMN Contact:
Source: United States Steel Corporation
CONTACT: John Armstrong, +1-412-433-6792; or Erin DiPietro,
+1-412-433-6845, both of United States Steel Corporation Web site: http://www.ussteel.com/ Company News On-Call: http://www.prnewswire.com/comp/929150.html
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Profile: automotive-news
posted by automotive-news # 4:37 PM
SUVOA: John Edwards Tells You to Give Up Your SUV
SUVOA: John Edwards Tells You to Give Up Your SUV Asked specifically if Americans should give up their SUV, Edwards says, "Yes" WHO: Ron DeFore, Communications Director, SUV Owners of America WHAT: Long-time transportation expert available to discuss Edward's
edict Americans to live without their SUVs. Millions of
Americans -- in both of Edward's Americas -- need and use Light
Trucks (SUVs, pickups, vans and minivans) for everyday life and
work. PUNCHLINE: SUVOA supports the rights of all Americans -- unlike Washington
politicians like Edwards -- to choose the vehicles they need
for their lifestyle. Over 80 million Americans drive Light
Trucks. From farmers and ranchers to builders and boaters, SUVs
and Light Trucks play a vital role in the success of America's
economy. WHEN: August 29, 2007 MORE: Americans can choose for themselves, since they know what they
need better than Washington politicians. What they don't need
is the owner of the largest home in his North Carolina county
to tell them they must give up their larger vehicles to reduce
energy consumption.
-- There are 20 million things that need to be towed in the
United States.
-- 54% of new vehicles sold in Edward's home state are Light
Trucks.
-- Vehicle safety would also be sacrificed by forcing many
consumers to buy smaller vehicles. A recent USA Today
article noted that smaller cars are twice as deadly as
larger ones.(1)
-- The U.S. Senate already passed a fuel economy mandate that
Lehman Brothers (global financial experts) predicts would
mean 60% fewer SUVs and pickup trucks.
-- That Senate action would raise sticker prices for larger
vehicles by an estimated average of $7,000. We all want better fuel economy and reduced dependence on
imported oil. SUVOA strongly supports these goals. But it must
be done in a reasonable way that increases fuel economy AND
preserves the kinds of vehicles that consumers need for family,
work and recreation. IT CAN BE DONE THE RIGHT WAY. The Hill-
Terry House of Representatives bill does just that. John
Edwards should take a look at his "Two Americas" and realize
that larger vehicles serve a real purpose. SUVOA is a non-profit consumer organization dedicated to supporting the rights and serving the interests of more than 80 million SUV, Pickup and Van Owners of America. Founded in 1999, SUVOA strives to ensure balanced media reporting of Light Truck issues and represents supporters by educating federal and state policymakers. CONTACT: Kirk Sims, for SUVOA, +1-877-447-8862, +1-601-209-4095 (1) Healy, James. "The number of small-car owners is growing even though ... more drivers die in small cars" USA Today, 20 Aug. 2007: 1B. PRNewswire-USNewswire -- Aug. 29
First Call Analyst:
FCMN Contact:
Source: SUVOA
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Profile: automotive-news
posted by automotive-news # 4:27 PM
Mercedes-Benz USA Offers a First for U.S. Drivers: Destinations Straight From Internet to Car
Mercedes-Benz USA Offers a First for U.S. Drivers: Destinations Straight From Internet to Car Partnership with Google and Yahoo! Maps Enables New Telematics Innovation MONTVALE, N.J., Aug. 29 /PRNewswire/ -- Mercedes-Benz USA (MBUSA) today announced a first for U.S. drivers: the ability to send directions directly from their computers to their vehicles. The new technology, called Search & Send, which will be available September 5, has been developed in partnership with Google, Yahoo! and DaimlerChrysler Research, Engineering and Design North America (Palo Alto, CA). It is being phased into the Mercedes-Benz model line starting with select vehicles equipped with Tele Aid, the company's telematics and emergency response system. The Search & Send feature allows drivers to plot destinations, addresses and points of interest through the highly popular map sections of the Google or Yahoo! Maps websites and then simply click on a newly introduced "Send to Car" icon. The information is then sent directly to the vehicle's GPS navigation unit. When the driver gets into the vehicle, pushing the i-button of the Tele Aid system downloads the destination directly to the vehicle's navigation system and prompts the driver as to whether to start route guidance immediately or save the information for later use. "Given the increasing amount of time people spend in their vehicles, we're always looking for ways to make that time more productive, efficient and enjoyable," said Sascha Simon, manager of telematics for MBUSA. "The advantage to Search & Send is that customers can surf the Internet from their home computers -- or from any Internet-connected device such as a PDA or cell phone -- pick out where they want to go, utilize Google or Yahoo! Maps to get the directions and then send the information to their vehicle. Then they get in the car and go, without having to input addresses into the GPS system. They can also have friends or family pull down a destination and send the information to them in the car. We think this will be an extremely well- received progression in our telematics service. It's this type of convenience that customers are looking for, delivered in an intelligent and simple way." The Search & Send feature debuts not only on high-end Mercedes-Benz models -- the S-Class sedan and CL-Class coupe -- but also on the much-anticipated new-generation C-Class model line which is currently arriving at dealer showrooms across the country. Search & Send will be phased in on additional Mercedes-Benz models during the coming year. The Mercedes-Benz Tele Aid system, pioneered in 1998 and provided through Texas-based ATX Group, provides information and location-specific roadside assistance, stolen vehicle recovery and emergency assistance to subscribing Mercedes-Benz owners at the touch of a button. Additional information on Search & Send is available at www.mbusa.com/searchandsend. About Mercedes-Benz USA Mercedes-Benz USA (MBUSA), headquartered in Montvale, New Jersey, is responsible for the sales, marketing and service of all Mercedes-Benz products in the United States. In 2006, MBUSA achieved an all-time sales record of 248,080 new vehicles, setting the highest sales volume ever in its history and achieving 13 consecutive years of sales growth. More information on MBUSA and its products can be found on the Internet at www.mbusa.com. About Yahoo Yahoo! Inc. is a leading global Internet brand and one of the most trafficked Internet destinations worldwide. Yahoo!'s mission is to connect people to their passions, their communities, and the world's knowledge. Yahoo! is headquartered in Sunnyvale, California. About ATX Based in Dallas-Fort Worth, Texas, and Dusseldorf, Germany, ATX Group is the world's largest provider of personalized telematics services for the automobile industry, serving both North America and Europe. ATX telematics services are designed to provide enhanced safety, security and driving convenience to vehicle owners. These services include location-specific emergency and roadside assistance, automatic collision notification, stolen vehicle recovery, remote diagnostics and real-time traffic and navigation assistance. ATX also customizes telematics services designed to help automobile manufacturers and their affiliated dealerships to use telematics data to reduce costs, enhance vehicle servicing, and more closely manage customer relationships. For more information, visit www.atxg.com. Source: Mercedes-Benz USA
CONTACT: Donna Boland, +1-201-573-6893, 1-888-MBNEWS-1, for
Mercedes-Benz USA Web site: http://www.mbusa.com/
http://www.mbusa.com/searchandsend
http://www.atxg.com/ EDITORS' ADVISORY: Accredited journalists and editors can access this story, high-resolution photos and other press materials by registering at www.media.mbusa.com and www.media.maybachusa.com. -------
Profile: automotive-news
posted by automotive-news # 3:52 PM
L2 Auto Schedules August 29th Grand Opening
L2 Auto Schedules August 29th Grand Opening Sid DeBoer, Lithia Chairman and CEO, to host Loveland event LOVELAND, Colo., Aug. 29 /PRNewswire/ -- L2 Auto (www.L2.com), the customer-centric web-based used car offering from Lithia Motors, Inc. (NYSE:LAD) is hosting its grand opening Wednesday, August 29th at 12:30 PM at its first location in Loveland at 3870 Byrd Drive. Sid DeBoer, Chairman and CEO of L2 Auto's parent, Lithia Motors, is hosting the event. L2 facility and process tours are offered beginning at 10:00 AM and also immediately following the ribbon cutting ceremony. "For Lithia, L2 Auto represents both the culmination of our past experience and a catapult to the future," said Sid DeBoer. "It's a culmination of everything we've learned through our 60 years of experience in the retail automotive business. We took our experience and combined it with our market research to get here. L2 catapults us into the future with a process driven used car sales system that addresses customer concerns one by one, and answers all the issues that used car buyers have told us are most important to them." Sid DeBoer is highly regarded as a leader and visionary in the auto retail industry. Lithia Motors went public in 1996 and has since built a network of 108 stores in 15 states with annual revenue of $3.2 billion in 2006. Grand opening attendees will hear from Mr. DeBoer on the L2 Auto process, business model and growth plans. The Loveland store is the first location to open this year, with two more stores slated for opening by the end of the year in Texas. Each of the stores sits on six to nine acres of land, and the total investment in land and buildings is between $6 and $8 million dollars, of which 75-80% will be financed by various financial institutions. Each of the first three L2 stores will be between 28,000 and 30,000 square feet, and will carry approximately 250 fully reconditioned used cars and trucks. Lithia anticipates that each of the L2 stores will employ between 50 and 60 people. Some of the vehicles in the L2 inventory will look familiar to the residents of Loveland. That's because L2 Auto will buy any vehicle from anyone in the community at fair market value prices and with no strings attached. By keeping its focus on the customer, L2 will be a draw for those looking to sell their vehicle quickly and easily. L2 Auto uses an internet-based process that leads the industry in technology to vastly improve all customer experiences. In addition, all L2 vehicles complete a rigorous 240-point inspection and come with both a 60 day "if it breaks we fix it" warranty, as well as a three day, no-questions-asked return program that includes a hassle-free return of any trade in and down payment a customer may have had. "Customer peace-of-mind and transaction transparency are L2's mantras," said Marty Mindling, L2's Vice President of Operations. "The process is simple, but is also absolutely state-of-the-art. There are no hidden charges, no surprises. L2's process is based on educating customers and helping them make intelligent decisions to fulfill their individual transportation needs. That's what we are all about." Even before L2 Auto opened its doors in Loveland, the company was already making a contribution to the community. L2 teamed up with Project Self- Sufficiency to provide much needed vehicle service to low income families in the area. The program, which began in early May, has provided complimentary automotive service on more than a dozen cars to help area families meet their critical transportation needs. The work has ranged from oil changes and tune ups to more significant transmission and engine work. All work has been completed free of charge In addition to Sid DeBoer, many Lithia and L2 Auto senior executives will be on hand for the grand opening. To learn more about L2, visit www.L2.com. About L2: L2, a Lithia company, is an innovative, right-for-the-times, web-based concept that will provide a new and improved experience for consumers in the used car market. L2 represents an entirely new process of online shopping and buying to provide a whole new level of catering to the used car customer. It offers unprecedented transparency in every transaction including availability of a broad selection of popular late model used vehicles, clearly marked "negotiation-free" prices based on current market values, a 240 point inspection plan, a 60 day "if it breaks, we fix it" warranty, and a three day "no questions asked" return policy. About Lithia Motors, Inc.: Lithia Motors, Inc. is a Fortune 700 and Russell 2000 Company. Lithia sells 30 brands of new vehicles at 108 stores which are located in 46 markets within 15 states. Internet sales are centralized at www.Lithia.com. Lithia also sells used vehicles; arranges finance, warranty, and credit insurance contracts; and provides vehicle parts, maintenance, and repair services at all of its locations. Lithia retailed 109,648 new and used vehicles and had $3.17 billion in total revenue in 2006. This press release includes forward looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995, which management believes are a benefit to shareholders. These statements are necessarily subject to risk and uncertainty and actual results could differ materially due to certain risk factors including, without limitation, economic conditions, acquisition risk factors and others set forth from time to time in the company's filings with the SEC. Specific risks in this press release include future locations and the timing of opening, total investment, inventory levels, store acreage, square footage, ability to finance, and the customer experience. First Call Analyst:
FCMN Contact:
Source: L2 Auto
CONTACT: Don Schrader, Assistant Vice-President of Marketing,
+1-541-261-3917, or Jeff DeBoer, Senior Vice-President and Chief Financial
Officer, +1-541-776-6868, both of Lithia Motors, Inc. Web site: http://www.l2.com/
http://www.lithia.com/
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Profile: automotive-news
posted by automotive-news # 2:32 PM
2007 Chicago Auto Show : Purdy Report - VIDEO ENHANCED
2007 Chicago Auto Show : Purdy Report - VIDEO ENHANCEDThe Auto Chanel - Back at the show early on day two we breakfasted with Porsche who introduced a fresh RS Spyder race car, successor to the full-on race car that took honors in the American LeMans Series season in ’06. Also on the Porsche plate is the second Road America: Andretti Green Racing race reportMotorsport.com - ALMS & LEMANS Bryan Herta, #26 XM Satellite Radio Acura "It was okay and we actually timed the tire change right on time. The problem WGI to honor John Watson at US Vintage GPMotorsport.com - He also competed in the 24 Hours at LeMans seven times over the course of his career, finishing 11th, a career best, in 1990. BMW has a long and storied history at The Glen that dates back to the original street race in 1948. A BMW driven by Paul Fellows honoured by Mosport International KartingMotorsport.com - ALMS & LEMANS Fellows honoured by Mosport International Karting Canadian racer honoured with corner naming BOWMANVILLE, ONTARIO Viewpoint ArticlesNotre Dame & Saint Mary Observer - It's a very pretty part of the campus, it sits in between LeMans Hall and Madaleva and directly in front of Hagar Hall. There's a fountain that spouts out of it, and in the winter, there is usually a giant ice block around the fountain from all the Opinion Column: The diesels are coming, and Jeep gets there first with Texarkana Gazette - Or tune into the American Le Mans Series race at Mid-Ohio, where Audi will be running its R10 TDI, the the terror on the GT circuit which took the 24 Hours of LeMans in France two years in a row. Off the track, the world leader in diesel production
posted by automotive-news # 2:15 PM
SVOX Powers In-car Speech Output for the Infiniti Vehicle Lineup
SVOX Powers In-car Speech Output for the Infiniti Vehicle Lineup SVOX designs the voice experience for the new Infiniti navigation system. ZURICH, Switzerland, Aug. 29 /PRNewswire/ -- SVOX, the leading provider of embedded speech output solutions, today announced that Infiniti leverages SVOX speech solutions to provide drivers with enhanced convenience when using the in-vehicle navigation system. Using the SVOX voice-activated user interface, the Infiniti Navigation System helps drivers keep their eyes on the road and contributes to safely reaching their destinations. Infiniti will offer the SVOX-enabled Infiniti Navigation System on five models in the 2008 model year and the entire Infiniti lineup by the 2009 model year. Powered by SVOX Automotive, the industry's leading embedded speech solution, the system interacts with the driver in a natural and intuitive way. Martin Reber, COO of SVOX, said: "As traffic volumes continue to increase and car infotainment systems become more sophisticated, speech technology provides the most convenient interface with a car's navigation system. The Infiniti navigation system includes one of the most comprehensive installations of voice features we have seen to date." About SVOX Automotive: As a leading supplier of speech components to automotive OEMs and tier 1 suppliers, SVOX offers an integrated suite of technologies and services to voice-activate navigation systems and in-car multimedia systems. The company's text-to-speech technology delivers state-of-the-art performance. First Call Analyst:
FCMN Contact:
Source: SVOX
CONTACT: Phil Lichtenberg of SVOX AG, +41 43 544 0613, or Fax,
+41 43 544 0601, lichtenberg@svox.com Web site: http://www.svox.com/
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Profile: automotive-news
posted by automotive-news # 2:03 PM
TRW to Webcast Presentation at the Credit Suisse Global Automotive Conference on September 6, 2007
TRW to Webcast Presentation at the Credit Suisse Global Automotive Conference on September 6, 2007 LIVONIA, Mich., Aug. 29 /PRNewswire-FirstCall/ -- TRW Automotive Holdings Corp. (NYSE:TRW) will simultaneously webcast its upcoming presentation at the Credit Suisse Global Automotive Conference in New York, NY, on Thursday, September 6, 2007. The presentation is scheduled to begin at approximately 9:05 a.m. (EDT) and is expected to last approximately forty minutes. During the presentation, the Company will provide a business overview and discuss other related matters, followed by a brief question and answer period. (Logo: http://www.newscom.com/cgi-bin/prnh/20010824/TRWLOGO ) To access the live webcast along with the presentation and other related material, please visit the investor information section of the Company's web site at http://www.trw.com/. A replay of the webcast will be available for approximately one week following the event. About TRW With 2006 sales of $13.1 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 28 countries and employs approximately 63,800 people worldwide. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated. TRW Automotive news is available on the internet at http://www.trw.com/.
First Call Analyst:
FCMN Contact:
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010824/TRWLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: TRW Automotive Holdings Corp.
CONTACT: Investor Relations Contact: Patrick R. Stobb, +1-734-855-3140,
or Media Contact: Manley Ford, +1-734-855-2616, both of TRW Automotive
Holdings Corp. Web site: http://www.trwauto.com/
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Profile: automotive-news
posted by automotive-news # 2:02 PM
Nissan Announces Pricing on 2008 Frontier and Xterra
Nissan Announces Pricing on 2008 Frontier and Xterra NASHVILLE, Tenn., Aug. 29 /PRNewswire-FirstCall/ -- Nissan North America, Inc. today announced pricing on the 2008 Nissan Frontier midsize pickup and 2008 Nissan Xterra SUV, which are on sale now at Nissan dealers nationwide. The Frontier lineup include a new addition for 2008 - a King Cab SE I4 model, which provides the visual content of an SE model while offering the fuel efficiency of a 4-cylinder engine. The 2008 Frontier is available in both King Cab and Crew Cab body styles and in 4x2 and 4x4 driveline configurations for 2008. Frontier also features Crew Cab Long Wheelbase models with beds more than 13 inches longer than standard models. The 2008 Nissan Frontier King Cab pricing starts at a Manufacturer's Suggested Retail Price (MSRP) of $16,150 for the Frontier King Cab XE 4x2 with manual transmission and goes up to $26,100 for the Frontier King Cab NISMO 4x4. The new King Cab SE I4 4x2 is priced at $18,250 with manual transmission and $19,300 with the automatic transmission. 2008 Nissan Frontier Crew Cab models range from a starting MSRP of $20,900 for the Frontier Crew Cab SE 4x2 with manual transmission to $27,950 for the Frontier Crew Cab LE LWB 4x4 with 5-speed automatic transmission. For 2008, Xterra adds significant levels of standard equipment to Xterra X, S and SE models. The starting Manufacturer's Suggested Retail Price (MSRP) is $21,130 for the Xterra 4x2 X with 6-speed manual transmission and goes up to $28,630 for the Xterra 4x4 SE with 5-speed automatic transmission. The popular Xterra 4x4 Off-Road model with 5-speed automatic transmission and standard Hill Descent Control (HDC) and Hill Start Assist (HSA) is priced at $27,330. About the 2008 Nissan Frontier For 2008, Frontier again offers tough, bold styling, an available Utility Bed system that features the Utili-track C-channel tie-down system and an available factory-applied spray-in bedliner. In addition to the new King Cab SE I4 model, enhancements for 2008 include a new Technology Package offering an upgraded sound system with an auxiliary jack, steering wheel audio controls, Bluetooth(R) Hands-free Phone System, XM(R) satellite radio, Nissan Immobilizer and Vehicle Security System. Also added are an available XE Preferred Package, a standard Appearance Package for King Cab SE 4-cylinder models, a standard Utility Bed Package on NISMO models and a new finish for the 16-inch NISMO model wheels. In addition, a power cloth driver's seat is now added to LE trims and a new Beige interior color replaces the previous Desert interior. Frontier is built on Nissan's F-Alpha platform and is available with a choice of a 2.5-liter inline 4-cylinder (4x2 only) or an advanced 4.0-liter DOHC V6, which produces 261 horsepower and 281 lb-ft of torque. About the 2008 Nissan Xterra All 2008 Xterras continue to offer an unmatched combination of unique styling, flexible interior and outstanding performance - making Xterra the ultimate off-road adventure vehicle. Every Xterra features a rugged "F-Alpha" platform and an advanced 261- horsepower 4.0-liter DOHC V6 engine. Xterra is offered in 2-wheel and 4-wheel drive configurations with both manual and automatic transmissions and in four trim levels - X, S, SE (automatic transmission only) and Off-Road. All 2008 Xterra X grade models receive standard power windows, power locks, power mirrors, remote keyless entry and cruise control, while Xterra S models now include standard step rails, first aid kit, cargo net, microfilter and splash guards (4x4 only). 2008 Xterra SE offers standard Bluetooth(R) Hands-free Phone system, XM(R) Satellite Radio pre-wiring (automatic transmission models only), auto-dimming mirror with compass and an upgraded eight-speaker Rockford Fosgate(R) audio system with subwoofer - equipment that is also available on Xterra Off-Road models with the new optional Technology Package. One new exterior color is available for 2008 - Red Alert, along with a new interior color - Sandstone. In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. More information on Nissan in North America and the complete line of Nissan and Infiniti vehicles can be found online at www.nissannews.com.
First Call Analyst:
FCMN Contact:
Source: Nissan North America, Inc.
CONTACT: John Schilling, +1-615-725-5264, or Darryll Harrison,
+1-615-725-5644, both of Nissan North America, Inc. Web Site: http://www.nissannews.com/
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Profile: automotive-news
posted by automotive-news # 1:39 PM
Mopar(R) Introduces New Gooseneck Trailer Hitch for Dodge Ram Heavy-duty Pickups
Mopar(R) Introduces New Gooseneck Trailer Hitch for Dodge Ram Heavy-duty Pickups -- Mounting securely in the pickup directly to the frame rails under the bed, the gooseneck trailer hitch from Mopar(R) installs in just one hour and requires limited drilling and no welding -- The trailer hitch ball can be converted from hitch to flat bed floor in just seconds with a quick release handle CENTER LINE, Mich., Aug. 29 /PRNewswire/ -- Mopar(R), The New Chrysler's original equipment parts manufacturer, announced it offers an all-new Gooseneck Trailer Hitch for Dodge Ram Heavy-duty Pickups. The gooseneck trailer hitch from Mopar is an Authentic Dodge Accessory and mounts securely in the pickup bed using an installation kit that attaches directly to the frame rails under the bed. The trailer hitch installs in just one hour and requires limited drilling and no welding. The trailer hitch ball can be converted from hitch to flat bed floor in just seconds with a quick release handle. Powder coated for a durable and long-lasting finish, the hitch also meets all Chrysler O.E. corrosion specifications. "The new gooseneck trailer hitch from Mopar makes the dependable and durable Dodge Ram an even more capable work truck to handle our customers' toughest trailer towing and hauling needs," said Chris Cortez, Senior Vice President - Global Service & Parts, The New Chrysler. Cortez added, "Our authentic Dodge accessories are factory-engineered and designed to provide compatibility in function and fit." Designed for 2005 model year and later Dodge Ram 2500/3500 Regular/Quad Cab and 2006 model year and later Dodge Ram 2500/3500 Mega Cab, Ram customers may refer to the vehicle's owner's manual for complete trailer towing specifications. The gooseneck trailer hitch is compatible with Mopar's bedliners, BedRugs and wheel well liners. The U.S. Manufacturer's Suggested Retail Price (MSRP) for the Dodge Ram 2500/3500 Regular/Quad trailer hitch (#82211326) is $205. The installation kit (#82211327) has an MSRP of $205. The MSRP for the Dodge Ram 2500/3500 Mega Cab trailer hitch (#82211324) is $240. The installation kit (#82211325) has an MSRP of $205. The installation kits are necessary for both trailer hitches. The gooseneck trailer hitch from Mopar is available for purchase and installation at Chrysler, Jeep(R) and Dodge dealerships across the country and is covered under Mopar's 12-month/12,000-mile Limited Warranty. This warranty is serviced by Chrysler, Jeep and Dodge dealerships. 70 Years of Mopar When Chrysler bought Dodge in 1928, the need for a dedicated parts manufacturer, supplier and distribution system to support the growing enterprise led to the formation of the Chrysler Motor Parts Corporation (CMPC) in 1929. Originally used in the 1920s, Mopar (a simple contraction of the words MOtor and PARts) was trademarked for a line of antifreeze products in 1937. It was also widely used as a moniker for the CMPC. The Mopar brand made its mark in the 1960s - the muscle car era. The Chrysler Corporation built race-ready Dodge and Plymouth "package cars" equipped with special high-performance parts. Mopar carried a line of "Special Parts" for super stock drag racers and developed its racing parts division called Mopar Performance Parts to enhance speed and handling for both road and racing use. Today, The New Chrysler's Global Service & Parts division is responsible for the manufacturing and distribution of nearly 250,000 authentic Mopar replacement parts, components and accessories for Chrysler, Jeep and Dodge vehicles sold around the world. To assure quality, reliability and durability, all Mopar parts and accessories are designed in strict adherence to Chrysler engineering standards. First Call Analyst:
FCMN Contact:
Source: Chrysler LLC
CONTACT: Patricia Georgevich of Chrysler, +1-248-512-4889, cell,
+1-248-514-1313, pg572@chrysler.com Web site: http://www.chrysler.com/
http://cgmedia.daimlerchrysler.com/ NOTE TO EDITORS: Photos of the Gooseneck Trailer Hitch from Mopar are available for download at http://www.media.chrysler.com . For more information, please visit the Chrysler media site at http://cgmedia.daimlerchrysler.com . For more information about 2007 labor negotiations, please visit http://www.chryslerlabortalks07.com
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Profile: automotive-news
posted by automotive-news # 1:38 PM
Mazda Launches Largest-Ever NASA Club Racing Championship Prize Program
Mazda Launches Largest-Ever NASA Club Racing Championship Prize Program Mazda Racers Chase $90,000 in MAZDASPEED Prize Money and a New MX-5 IRVINE, Calif., Aug. 29 /PRNewswire/ -- From September 13-16, 2007, racers from across the country will gather at the Mid-Ohio Sports Car Course to crown season-end champions at the Second Annual National Auto Sport Association (NASA) National Championships Presented by Toyo Tires. The grand prize for those racing a Mazda -- and only those racing a Mazda -- will be the opportunity to vie for more than $90,000 in contingency prizes, as well as win a brand new 2008 Mazda MX-5 and all of the MAZDASPEED parts to build an MX- 5Cup car for the 2008 race season. To prove the strength of Mazda's motorsports programs, run under the MAZDASPEED Motorsports Development banner, there will be more Mazda vehicles competing at this event than any other brand of vehicle. Over four days of furious competition, NASA will conduct races for more than 24 vehicle classes, with the largest being Spec Miata, a one-make class for identically prepared first -- and second-generation Mazda MX-5 Miatas. Following Mazda in popularity in NASA club racing are the venerable brands of Porsche and BMW. To underscore its dominance at this level of the sport, there will be more Mazdas competing than Toyota (including Lexus and Scion), Honda (including Acura), and Nissan (including Infiniti and Datsun) combined. "The cornerstone of MAZDASPEED is the hardcore enthusiast, and there is no better place to see this than a club race where Mazda is the vehicle of choice," noted Steve Sanders, MAZDASPEED Motorsports Development Competition Manager. Regarding Mazda's considerable contingency support in NASA club racing, Sanders continued, "We have committed $90,000 in contingency prize money to all NASA classes where Mazdas are eligible to compete. Win in Spec Miata and Mazda will pay you $5,000. Win in a Performance Touring Class with a Mazda, and again, we'll pay you $5,000. After the season is completed, Mazda will then host a shootout among all eligible national champions, with the prize being a brand new Mazda MX-5 and the necessary MAZDASPEED parts to build an MX-5 Cup car. Last year, SCCA Spec Miata National Champion Andrew Caddell won the shootout, and he has spent 2007 racing in the SCCA Pro Racing SIRIUS Satellite Radio MX-5 Cup -- with impressive results. This year, NASA champions will have the same opportunity." The Mazda payout is as follows: 1st -- $5,000, 2nd -- $2,500, 3rd -- $1,250. Eligible classes are Spec Miata, all Performance Touring Classes, Super Touring 1 & 2, and Super Unlimited Classes. In addition, Mazda will pay $300 for a Mazda win in any Time Trial class. More information on the various NASA Classes can be found at http://www.nasachampionships.com/ Information about the range of Mazda contingency programs and program requirements can be found at http://www.mazdaspeedmotorsports.com/ Among the Mazda racers looking to score a check will be 2006 NASA Spec Miata champion Gregory Stasiowski, from Canonsburg, Penn, seeking to repeat his historic win at the Inaugural NASA Championships. With entries still being accepted by NASA, it looks like Gregory will need to beat at least 58 other Miata racers to score the win. On any given weekend, there are more Mazdas on the road-race tracks of America than any other brand of vehicle. At the track, you'll see MX-5 Miata, RX-8, MAZDA3, MAZDA6, RX-7 and other vintage Mazda models competing, because every Mazda has the Soul of a Sports Car. In fact, the largest road-racing class in the world is Spec Miata, with more than 1,500 first -- and second-generation Miatas tearing up America's racetracks, making it the most-raced production car in the world. Mazda's involvement in motorsports extends to its relationship with Mazda Raceway Laguna Seca, one of the world's premier road-racing circuits, and the Skip Barber Schools for driving and racing. Headquartered in Irvine, Calif., Mazda North American Operations oversees the sales, marketing, parts and customer service support of Mazda vehicles in the United States, Canada and Mexico through nearly 900 dealers. Operations in Canada are managed by Mazda Canada, Inc., located in Ontario, Canada, and in Mexico by Mazda Motor de Mexico in Mexico City. For more information on Mazda products, visit the online Mazda media center at http://www.mazdausamedia.com/ For more information on MAZDASPEED Motorsports Development, visit http://www.mazdaspeedmotorsports.com/ First Call Analyst:
FCMN Contact:
Source: Mazda North American Operations
CONTACT: Dean Case, MAZDASPEED Motorsports Development Communications,
+1-310-318-4582, dean@RWB-LLC.com; or Jeremy Barnes of Mazda North American
Operations, +1-949-727-6844, jbarnes5@mazdausa.com Web site: http://www.mazdausa.com/
http://www.mazdaspeedmotorsports.com/
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Profile: automotive-news
posted by automotive-news # 1:07 PM
EMC Rainfinity Global File Virtualization Wins Communications Week 2007 Editor's Choice Award for Performance and Ease of Operation
EMC Rainfinity Global File Virtualization Wins Communications Week 2007 Editor's Choice Award for Performance and Ease of Operation EMC Rainfinity Recognized for Ability to Help IT Organizations Optimize Information Access While Reducing Storage Management Overhead HOPKINTON, Mass., Aug. 29 /PRNewswire/ -- EMC Corporation (NYSE:EMC), the world leader in information infrastructure solutions, today announced that the EMC Rainfinity(R) Global File Virtualization(TM) (GFV) solution recently received a 2007 Editor's Choice Award from Communications Week magazine. Lauded by Communications Week for its unparalleled performance and ease of operation, the EMC Rainfinity GFV solution brings seamless file virtualization to an IT infrastructure for optimization of network-attached storage (NAS), Content Addressed Storage (CAS) and file server environments. Rainfinity's non-disruptive file movement and virtualization features were also cited as valuable to enterprises because they enable IT staff to manage storage and relocate data without affecting end-user access to data. According to the article appearing in the Aug. 13, 2007 issue of Communications Week, "Rainfinity along with EMC's Centera(TM) products offer unique solutions to data storage that can be quite beneficial in reducing management overhead while speeding up access to information within the environment." Rainfinity virtualizes unstructured data environments and moves data according to policy, including active and open files, without disruption. These features are designed to help IT organizations optimize disk utilization, improve storage performance and system responsiveness, while lowering capital expenditures and reducing total cost of ownership of heterogeneous NAS, CAS and server environments. "This editor's choice award validates EMC Rainfinity's value to IT organizations as a safe, scalable and effective solution to help manage rapidly growing file systems and we're honored to receive this recognition from Communications Week," said Sean Lanagan, EMC Corp. Vice President and General Manager, Rainfinity Business Unit. "Organizations are struggling to fully maximize networked storage capacity while keeping pace with massive enterprise data growth. EMC Rainfinity simplifies these challenges through tiered storage optimization and automated file management and archiving." The review of EMC Rainfinity GFV is featured on page 27 of Communications Week magazine's August 13, 2007 issue that can be found online at: http://www.communicationsweekmag.com/issues/issue233.pdf EMC Rainfinity is the leading file virtualization solution in use on the market according to the Wave 9 F1000 Storage Management Report, a study conducted by TheInfoPro (http://www.brainshark.com/theinfopro/W9_filevirt), a leading independent research network and supplier of market intelligence for the Information Technology (IT) industry. EMC Rainfinity file virtualization solutions are deployed at global customer sites in major industries including automotive, aerospace, biotech, education, healthcare, manufacturing, technology and financial services -- including four of the top five U.S. banks. More information can be found at: http://www.emc.com/rainfinity. About EMC EMC Corporation (NYSE:EMC) is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at http://www.emc.com/. EMC and Rainfinity are registered trademarks of EMC Corporation; Centera and Global File Virtualization are trademarks of EMC Corporation and its subsidiaries. VMware is a registered trademark of VMware, Inc. All other trademarks are the property of their respective owners. CONTACT: Kevin Kempskie
508-293-6278
kempskie_kevin@emc.com First Call Analyst:
FCMN Contact:
Source: EMC Corporation
CONTACT: Kevin Kempskie of EMC Corporation, +1-508-293-6278,
kempskie_kevin@emc.com Web site: http://www.emc.com/
http://www.emc.com/rainfinity
http://www.communicationsweekmag.com/issues/issue233.pdf
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Profile: automotive-news
AAA Michigan Execs Polish and Prep for Grand Prix
AAA Michigan Execs Polish and Prep for Grand Prix DEARBORN, Mich., Aug. 29 /PRNewswire/ -- More than 40 AAA Michigan vice presidents, district managers, and directors shed those titles today for that of crew member when they joined the Downtown Detroit Partnership's Clean Downtown project to help put finishing touches on the city in time for the Detroit Belle Isle Grand Prix, scheduled over Labor Day weekend. Members of AAA's executive leadership team started their "day of service" by sprucing up Mt. Elliott and Gabriel Richard parks -- picking up trash and doing touch-up painting. Following lunch and a presentation by Ann Lang, President & CEO of Downtown Detroit Partnership, the group moved on to the waterfront to empty trash containers and wipe down and shine all of the railings and public seating along the three-mile long RiverWalk. "It's important for us to step out from behind our desks and computers and remember we can, and should, also work as a team in our communities as well as in the workplace," said Steve Wagner, President and COO of AAA Michigan and The Auto Club Group Field Operations. "We're proud of our history of volunteer service at AAA, and this is just one more way to demonstrate that commitment. We want to stress this and other core corporate values in the communities where our employees and members live and work." AAA is the volunteer sponsor for the Detroit Belle Isle Grand Prix and more than 125 AAA Michigan employees will volunteer as courtesy shuttle workers during Grand Prix weekend. If you would like to find out more about AAA, or to find an office near you, visit AAA.com. First Call Analyst:
FCMN Contact:
Source: AAA Michigan
CONTACT: Jim Rink, +1-313-336-1513, or Nancy Cain, +1-313-336-1514, both
of AAA Michigan Web site: http://www.aaa.com/
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Profile: automotive-news
AfterSoft's VAST Point of Sale System Receives American Car Care Centers Endorsement for its Dealer Members
AfterSoft's VAST Point of Sale System Receives American Car Care Centers Endorsement for its Dealer Members DANA POINT, Calif., Aug. 29 /PRNewswire/ -- AfterSoft Network N.A., Inc. a wholly owned subsidiary of Aftersoft Group, Inc. (BULLETIN BOARD: ASFG.OB) , a provider of software to the automotive aftermarket, announced that its VAST Point of Sale (POS) system received endorsement by American Car Care Centers (ACCC) for its network of 1,000 independent tire dealers. This endorsement enables the VAST POS system to become an official resource to ACCC members, which can be purchased by members through a special pricing arrangement. Dave Crawford, ACCC's Director of Marketing stated, "We are extremely pleased to be able to put this relationship together. Through VAST's range of functionality for single and multi-location dealers we believe that the VAST Point of Sale system can potentially help our dealers become more profitable and efficient. We are pleased that VAST has the ability to electronically connect our members to their tire and parts suppliers for electronic ordering." The VAST system has been installed at 35 ACCC dealer locations. Bill Jarvis, owner of Midwest Tire, an ACCC 4 location dealer in Indiana commented, "We chose VAST over other POS systems because of its ability to handle both tires and automotive service in one system. Of all of the systems we looked at, the VAST system was the only system that integrated electronic parts and tire ordering, labor estimating and automatic service interval quotes, while providing all the tools necessary to help sell the right tires." John Fischer, AfterSoft's VP of Sales, Midwest region stated, "We are very pleased to be partnering with American Car Care Centers. Our VAST POS system will enable ACCC members to electronically connect to their respective tire distributors as well as the national parts partners for both product and price downloads as well as stock and hot shot ordering." The VAST POS system is used in over 2,500 locations in the US and is used at major independent tire dealers like Monro/ Mr. Tire, Sullivan Tire, Tire One Group, and over 200 Goodyear independents, as well as auto service chains including Midas, Meineke, Tuffy and CarX. About AfterSoft Network N.A., Inc. AfterSoft Network N.A., Inc. is a software product provider serving both the automotive aftermarket retail and wholesale business segments covering hard parts, tires, electrical rebuilding and body panels. With its suite of modern supply chain and business management solutions, ranging from warehouse distribution, jobber store POS and operations, tire and auto service, and ecommerce applications, AfterSoft Network N.A., Inc. is situated to provide the capabilities to help companies build and maintain their own secure supply chain solutions. Our products include industry specific point-of-sale, inventory control and accounting. It also includes a comprehensive ecommerce suite to connect partners within the supply chain through its connected application products. AfterSoft Network N.A., Inc. allows for real time communications between all levels in the automotive aftermarket supply chain. For further information, visit www.AfterSoftNA.com About Aftersoft Group, Inc. Aftersoft Group, Inc. is a supplier of ERP supply chain management solutions to automotive parts manufacturers, distributors and retailers. Aftersoft Group provides the automotive aftermarket with a combination of business management systems, information products, and online services that combine to deliver benefits for all parties involved in the timely repair of a vehicle. For further information, visit www.aftersoftgroup.com About American Car Care Centers American Car Care Centers is headquartered in Memphis Tennessee and is the largest marketing group in the tire industry with over 1,100 locations in 44 states. It was established in 1989 and offers its dealers marketing, training, purchasing and overall support programs to improve their efforts in the market. This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting the company's business including, increased competition; the ability of the company to expand its operations through either acquisitions or internal growth, to attract and retain qualified professionals, and to expand commercial relationships; technological obsolescence; general economic conditions; and other risks detailed time to time in filings with the Securities and Exchange Commission (SEC). First Call Analyst:
FCMN Contact:
Source: AfterSoft Network N.A., Inc.
CONTACT: Company, Jim French of AfterSoft Network NA Inc.,
+1-949-488-8860 Ext 115, jfrench@aftersoftna.com; or Investors, Joe Zappulla
of Grannus Financial Consultants Corp., +1-212-681-4100,
jzappulla@grannusfinancial.com Web Site: http://www.aftersoftna.com/
http://www.aftersoftgroup.com/
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Profile: automotive-news
How to Tell if Water Has Damaged Your Car
How to Tell if Water Has Damaged Your Car BETHESDA, Md., Aug. 29 /PRNewswire-USNewswire/ -- With heavy rain pounding many parts of the country and hurricane season in full swing, there's a good chance that you'll drive through high water that could damage your vehicle. Even though your vehicle may not have been flooded or completely covered in water, the Car Care Council recommends that motorists follow these guidelines to check for damage due to water intrusion or contamination: -- Check interior carpets, upholstery and door and trim panels for dampness. If they are wet, then the vehicle will need professional attention. If you simply let the carpet dry, it will quickly grow mildew and give off nasty odors. Seat brackets, motors and modules should also be checked for rust and proper operation. -- Pull the engine oil and transmission fluid dipsticks and differential plug. If the fluid appears milky, diluted, is no longer its original color or is beige in color, then it is likely the pans contain water. The vehicle should be towed to your ASE-certified technician or repair shop. Driving the vehicle with water present may damage the internal parts and require extensive overhaul or repairs. The council reminds motorists that some new synthetic differential fluids may appear to be milky but are not water contaminated. When in doubt, a professional automotive technician should make the evaluation. -- Check the air filter for water. If it is wet, replace the air filter and change the oil. -- Check the undercarriage, bumpers, radiator area and frame for mud, grass, dirt, debris and rust. If any of these are present, the vehicle should be washed and cleaned as soon as possible. -- Have the brake system checked by a professional automotive technician. -- Check the exterior lights for moisture and water. Replace headlights and bulbs that contain water. -- Listen for abnormal noises while the engine is running. Make a note of where the noise is coming from and take the vehicle to a professional automotive technician as soon as possible. Pay particular attention to the alternator, serpentine belt, starter, power steering unit, air conditioner and wheel bearings. -- Inspect the suspension joints and lubricate as necessary. Many newer vehicles are lubricated at the factory for life; however, these joints should be checked for rust. "It all comes down to how much water the vehicle took in and where it reached," said Rich White, executive director, Car Care Council. "By being car care aware and following these simple guidelines, you can help minimize the potential for damage to your vehicle." The Car Care Council is the source of information for the "Be Car Care Aware" consumer education campaign promoting the benefits of regular vehicle care, maintenance and repair to consumers. For a copy of the council's Car Care Guide or for more information, visit www.carcare.org.
First Call Analyst:
FCMN Contact:
Source: Car Care Council
CONTACT: Rich White, +1-301-654-6664, rich.white@aftermarket.org, or
Lynn Konsbruck, +1-312-768-7362, lkonsbruck@maxmarketing.com, for the Car Care
Council Web Site: http://www.carcare.org/
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Profile: automotive-news
/C O R R E C T I O N -- Hickok Incorporated/
/C O R R E C T I O N -- Hickok Incorporated/ In the news release, California Certifies New Vehicle Emissions Test Equipment, issued Monday, Aug. 27, by Hickok Incorporated (OTC Bulletin Board: HICKA.OB) over PR Newswire, we are advised by the company that the third paragraph, first sentence, should read "that all vehicles from 1976 through 1995 be tested every other year" rather than "be tested yearly" as originally issued inadvertently. Complete corrected release follows: California Certifies New Vehicle Emissions Test Equipment CLEVELAND, Aug. 27 /PRNewswire-FirstCall/ -- Hickok Incorporated (OTC Bulletin Board: HICKA.OB), a Cleveland based supplier of products and services for the automotive emissions, automotive diagnostic, locomotive, and aircraft industries, today announced that it received certification from the Bureau of Automotive Repair (BAR) on its Low Pressure Evaporative Emissions tester product for the State of California. The product, which has been in development for a number of years, provides an accurate method of testing vehicle evaporative emission systems for leaks that exceed federal guidelines. The Company is partnered with Environmental Systems Products (ESP) of East Granby, Connecticut. ESP is a veteran of emissions testing over the past 28 years and has an excellent reputation for top quality equipment and service. Hickok who also has an excellent industry reputation has offered emissions testing equipment under the Waekon brand since 1998. Hickok designed and is manufacturing the equipment and ESP is marketing and servicing the combined ESP/Waekon branded product offering. The Company currently has orders for approximately $8,000,000 of the EVAP Tester and is optimistic that the orders will increase now that certification is in place. The Company recently began delivery to customers. Bob Bauman, President and CEO, said this project is expected to add significantly to the revenues and profitability of our last quarter fiscal 2007 and the first quarter of fiscal 2008 and could have long term implications for the Company. Other states have similar requirements in their State Implementation Plans (SIP) and are watching the progress of California's program. The California program mandates that all vehicles from 1976 through 1995 be tested every other year. The resulting reduction in pollution is estimated at over 14 tons per day by 2010 in the State of California. In excess of 10 million vehicles will be subject to the test program that begins November 1, 2007 and over 8,000 Smog Check Stations are expected to participate. Only one other vendor is participating in the program. Other states have similar requirements to California's in their State Implementation Plan (SIP) which is submitted to the Federal Government. Hickok is optimistic that other states will consider adding to their programs once they see the effectiveness of the California program. Hickok provides products and services primarily for the automotive emissions, automotive diagnostic, locomotive, and aircraft industries. Offerings include the development, manufacture and marketing of electronic and non-electronic automotive diagnostic products used for repair, emission testing, and nut-running electronic controls used in manufacturing processes. The Company also develops and manufactures indicating instruments for aircraft, locomotive and general industrial applications. Certain statements in this news release, including discussions of management's expectations for fiscal 2007 and fiscal 2008, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ from those anticipated as a result of risks and uncertainties which include, but are not limited to, Hickok's ability to effectively develop and market new products serving customers in the automotive aftermarket, overall market and industry conditions, the Company's ability to capitalize on market opportunities as well as the risks described from time to time in Hickok's reports as filed with the Securities and Exchange Commission. First Call Analyst:
FCMN Contact:
Source: Hickok Incorporated
CONTACT: Robert L. Bauman of Hickok Incorporated, +1-216-541-8060 Web site: http://www.hickok-inc.com/
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Profile: automotive-news
Leading German Consulting Firm Brunel Selects HyperWorks Engineering Framework
Leading German Consulting Firm Brunel Selects HyperWorks Engineering Framework Advanced CAE software suite accelerates delivery of innovation projects TROY, Mich., Aug. 29 /PRNewswire/ -- Altair Engineering, Inc., a leading global provider of technology and services that empower client innovation and decision-making, announced today that Germany's Brunel, a leading engineering consulting firm specializing in project development and innovation, has included the use of HyperWorks into its tool sets employed for service offerings. Starting with service and consultancy projects within the automotive industry, the engineering service provider will use the software framework both on site at their customers and within their competence centers. To date, HyperWorks results have shown great potential in automotive applications. As a result, Brunel sees the need for HyperWorks also within other industries, such as the aerospace industry. Primarily, Brunel is using OptiStruct for topology optimization especially within the first development phases. HyperMesh will be used for the meshing of finite-element models within its competence centers and on site at different customers for consulting projects. Brunel will extend the use of HyperWorks to other areas and industries, as requested. "We have been using HyperWorks for the optimization of components since February 2007, following a customer request coming from an automotive OEM," said Peter Mikolaj, manager of Numerical Simulation, at Brunel, Germany. "We are very pleased with the results we have from HyperWorks, and plan to apply especially HyperMesh and OptiStruct in upcoming projects for our aerospace and automotive customers. HyperWorks offers us the possibility to work very closely with our customers, as well as react quickly to any request within the areas of optimization and meshing. As an integrated solution, HyperWorks provides a smooth development process and has put the powerful tools our engineers need within easy reach. For the future, I see a high need for the HyperWorks framework coming from all of our customers and from any industry." "Simulation tools such as HyperWorks provide the answer to many engineering challenges for today's industries. Especially within the area of optimization, we expect more requests from customers such as we have had from Brunel in the engineering service area," said Dr. Detlef Schneider, managing director of Altair Engineering, Germany. "All industries have to frontload their development processes and will need to optimize their products as early as possible. The HyperWorks framework is an integrated solution, offering all the tools needed to deal with engineering tasks within this area. I am very happy that Brunel has chosen HyperWorks, and I am sure that the Brunel engineers and their customers will soon benefit from the excellent results achieved with HyperWorks." Altair HyperMesh is a user-friendly, high-performance finite-element pre- and post-processor for popular finite-element solvers. It allows engineers to analyze product design performance in a highly interactive and visual environment. It also contains a morphing capability that permits users to quickly parameterize models and stretch finite-element meshes, while keeping mesh distortion at a minimum. Altair OptiStruct is a highly advanced finite element-based software for both structural analysis and design optimization. OptiStruct is used to design, evaluate and improve performance of mechanical structures. Unlike classical finite-element solvers, OptiStruct software proposes new and better solutions throughout the entire design process. Powerful optimization routines are deeply integrated with popular analysis types, including linear statics, buckling and frequency analysis - making design optimization easy, robust and accurate. About Brunel Brunel specializes in the support of development and innovation projects for industry, with an interdisciplinary team of engineering and management experts. One of the focal points of the globally active company is the processing of technology and management issues as a project. Depending on the customer's requirements, the corresponding Brunel specialists become active and supplement the existing project team within the customer's company with their expertise. In Germany, Brunel offers the engineering and management expertise of 1,700 experienced engineers from 50 locations. In so doing, the company is primarily active in the automotive; IT; electronics; telecommunications; aerospace; mechanical engineering and plant constructions; railway technology and shipbuilding sectors. To learn more, please visit: http://www.brunel.de/ About Altair Engineering Altair Engineering, Inc. strengthens client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information. Privately held with more than 1,200 employees, Altair has offices throughout North America, South America, Europe and Asia/Pacific. With a 20-year-plus track record for product design, advanced engineering software and grid computing technologies, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit www.altair.com.
First Call Analyst:
FCMN Contact:
Source: Altair Engineering, Inc.
CONTACT: Evelyn Gebhardt of Blue Gecko Marketing, +49 6421 4870435,
gebhardt@bluegecko-marketing.de, for Altair Engineering, Inc.; or Diane Forbes
of Altair Engineering, Inc., +1-248-614-2400, ext. 464, media@altair.com Web site: http://www.altair.com/
http://www.brunel.de/
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Profile: automotive-news
AAA Chicago: Labor Day Travel Remains Steady Amid Concerns about Affordability
AAA Chicago: Labor Day Travel Remains Steady Amid Concerns about Affordability AURORA, Ill., Aug. 29 /PRNewswire/ -- Despite falling fuel prices, now around $2.76 per gallon nationally, Americans are still very concerned about the affordability of travel and so AAA expects travel over the Labor Day holiday weekend to be flat as the number of travelers holds steady from last year (with 0.2 percent growth). AAA estimates that 34.6 million Americans will travel 50 miles or more from home this holiday, almost the exact same number that traveled last Labor Day. According to the Travel Industry Association (TIA), travelers' perception of higher costs for fuel, lodging and airfares have resulted in the small growth in Labor Day travelers from 2006. "Labor Day weekend travel often slows down as kids head back to school," said Beth Mosher, spokeswoman for AAA Chicago. "This year, families appear to be concerned about the travel costs associated with an end of summer vacation, which may mean Americans aren't canceling previously planned trips but are not planning to travel more than they did last year." Approximately 28.9 million travelers (83.5 percent of all holiday travelers) expect to go by motor vehicle, just under the 29 million who drove a year ago. Although prices may vary by the weekend, currently in Illinois, the price of regular unleaded is $2.98 per gallon, which is one-cent lower than a year ago. In Indiana, a gallon of regular unleaded gasoline costs $2.86 per gallon, a decrease of 13 cents from last year. Although this summer airlines have endured negative press about service and flight delays, 4.1 million (12 percent of holiday travelers) plan to travel by airplane, up 2.5 percent from the 4.0 million that flew over the last Labor Day holiday. Between Labor Day 2005 and 2006 we saw a decrease of 2.5 percent in the number of Americans traveling by air. A projected 1.6 million vacationers (4.6 percent) will go by train, bu | |
