October 2011

To the rescue of Saab

(October 13, 2011) STOCKHOLM/AMSTERDAM -- Chinese carmaker Zhejiang Youngman Lotus Automobile Co. gave ailing Saab a new injection of cash, Saab said in a statement, keeping alive the Swedish company's hopes of survival, according to Reuters News Service.

The money is part of a 70 million euros ($97 million) loan planned by Youngman that is intended to see Saab through a period of creditor protection until Chinese authorities approve a bigger investment by Youngman and China's Pang Da.

MPG Marathon winner a Smart for-two diesel

(October 13, 2011) UNITED KINGDOM — Hyper-milers taking part in the 2011 ALD Automotive - Shell FuelSave MPG Marathon have once again demonstrated that the use of smarter driving techniques can indeed save a considerable amount of money at the fuel pumps.

The highly competitive annual economy driving event, now in its eleventh year, aims to get motorists thinking about the way they drive, and the impact this has on their vehicle’s fuel consumption.

Cadillac says CTS Coupe 'unqualified success'

(October 13, 2011) DETROIT — Through September, and just over a year after its launch, the Cadillac CTS Coupe is America’s best-selling mid-size luxury coupe and vying for first place among all luxury coupes.

The sport coupe is a force in Cadillac’s overall ongoing gains in consumer image in a segment that previously consisted of only well-established European luxury sport models.

Ford investigates surface defects not seen by the naked eye

(October 13, 2011) COLOGNE, Germany —The surface of an alien planet or a drop of oil? A piece of abstract art or a close-up look at the smallest details on a metal surface? The hugely magnified images produced by Ford’s Scanning Electron Microscope, as the company’s engineers develop new parts, can often make seemingly everyday objects look a world apart from that which the naked human eye can see.

Kelley Blue Book's online site wins award

(October 12, 2011) IRVINE, Calif. — Kelley Blue Book www.kbb.com has won the 2011 WebAward for Outstanding Website in the Automobile category.  With more than 2,000 entries from 45 countries for 2011, each nomination was judged on design, copy writing, innovation, content, interactivity, navigation and use of technology. 

"After 18 months of market research, Kelley Blue Book decided to take its top-rated website to the next level by adding tools and information to further help car buyers and sellers," said Justin Yaros, executive vice president of product design and development for Kelley Blue Book's kbb.com. 

Goodyear, NASCAR renew tire supplier agreement

(October 12, 2011) AKRON, Ohio — The Goodyear Tire & Rubber Company and NASCAR have announced the signing of an extended agreement for Goodyear to continue as the exclusive tire used in NASCAR's top three racing series for the next five years. 

The agreement, which extends through the 2017 season, renews Goodyear as the "Exclusive Tire Supplier" of NASCAR's Sprint Cup Series, the NASCAR Nationwide Series and the NASCAR Camping World Truck Series. 

Ford Transit gets ice cream duty

(October 11, 2011) As Britain basks in an Indian summer, one Ford Transit has helped people keep cool.

A 1998 model Ford Transit ice cream van, called "Ginger," has been on duty in Marsh Mills on the Plymouth coast and at the British Street Food Awards in Suffolk, in September as part of the Ford Centenary Tour.

Porsche urban bicycles combine performance, ride-anywhere capability

(October 11, 2011) Using the principles of Intelligent Performance proven in its sports cars, Porsche has created the Bike S and Bike RS urban bicycle range, which combines the latest technology and highest quality materials with ‘ride anywhere’ capability.

The Porsche bike concept has been inspired by the company’s GT road-car department, responsible for creating the ultimate lightweight Porsche sports cars including the 500 horsepower 911 GT3 RS 4.0.

New 36-gallon fuel tank gives Ford F-150 up to 756-mile range

(October 11, 2011) DALLAS — With its new standard 36-gallon fuel tank, the 2012 Ford F-150 EcoBoost pickup can drive nearly the entire length of California — from Oregon to Mexico — on one tank of gas.

Responding to customer demand, F-150 EcoBoost now has a driving range of 756 miles between fill-ups. That long-distance highway cruising range is designed to save F-150 drivers time by reducing stops for fuel.

Kia's hamsters garner 'Rookie of Year' award

(October 10, 2011) IRVINE, Calif. — Since bursting on the scene in 2009 to announce the arrival of the funky Soul urban passenger vehicle, Kia Motors' lovable hamsters have resonated with consumers and critics while entertaining the young and the young-at-heart in movie theaters, on television and across the web.