Archive for December, 2008

FirstChoiceAutoFinder - Stock Picker: Old Cars, New Opportunity - CNBC

Monday, December 29th, 2008

Stock Picker: Old Cars, New Opportunity - CNBC
Detroit’s nightmare could be a dream come true for auto-repair stocks, according to Anthony Cresitello of BB&T Capital Markets. “It’s a combination of keeping cars longer, and the age of the fleet on the road today keeps getting older and older,” he

Md. Firm To Ship Cars From Tampa Port To Africa, Mideast - Tampa Bay Online
TAMPA - AAA Lines, a specialized vehicle delivery service based in Baltimore, will launch an export service at the Port of Tampa on Sunday that will transport cars, trucks and construction equipment to West Africa and the Middle East. The “roll on

Who needs to own a car when you can rent one by the hour? - Walletpop.com
How often do you really need a car? Instead of owning your own ride, what if there was a fleet of cars conveniently stationed nearby that you could rent by the hour when the need arose? Following in the tread print of Zipcar, Hertz has started just

City income tax to be proposed to Iowa lawmakers - Clinton Herald
DES MOINES — A measure that would allow cities to tax the income of residents to reduce their reliance on property taxes will be proposed to lawmakers when they convene next month. Cities and counties generate more than 80 percent of their budgets

Phoenix finally hops on the train - CNN Money
PHOENIX (Reuters) — With a hearty “All Aboard,” Phoenix launched a sleek new $1.4 billion light-rail system Saturday amid uncertainty people will hop out of their cars and onto the train. About 75 people became the first riders of the 20-mile system

Madera Speedway will offer packed 2009 slate - Fresno Bee
The green flag will go down on Madera Speedway’s 24-date racing season March 21 with the Smokey Hanoian Classic and fireworks show. The one-third-mile asphalt track will feature four races for USAC Sprint Cars, six for USAC/BCRA Midgets, three for

Nissan, NEC To Spend $1 Billion On Battery Output - TechWeb
The joint venture will start manufacturing lithium-ion batteries next year with an initial capacity to supply 13,000 units a year. TOKYO, Dec 29 - Japan’s Nissan Motor Co and NEC Corp will invest at least $1.1 billion to make lithium-ion batteries

FirstChoiceAutoFinder - Egypt allows humanitarian aid to enter Gaza border crossing - Canada East

Monday, December 29th, 2008

RAFAH, Egypt - Egypt is allowing trucks loaded with humanitarian aid to enter its border crossing with the Gaza Strip. Trucks filled with food and medical supplies have been lining up outside the border since early Monday morning. Border guards FirstChoiceAutoFinder

Everyone at Ford Motor Co. had high hopes for the new F-150 pickup – and probably a prayer or two. Although the F-150 has been the top-selling vehicle in the U.S. for more than 30 years, the big truck was slammed in the spring by high gas prices FirstChoiceAutoFinder

The General Motors exec behind the Chevrolet Volt electric car hands environmentalists another twig to beat GM with when he reportedly calls global warming “a crock of sh-t.” Bob Lutz, GM’s vice chairman for product development, later addresses the FirstChoiceAutoFinder

Two NJ Transit commuter buses collided in the Lincoln Tunnel this morning. Both were Manhattan-bound buses–the 113 from Dunellan and the 160 from Hackensack. WABC 7 reports they were “closer to the New York State side, shortly after 9 a.m. this FirstChoiceAutoFinder

Police in the north and northwest suburbs called out the salt trucks Monday morning after icy roads caused a series of crashes, a few ending with cars sliding into ditches. Illinois State Police contacted IDOT following a series of “fender benders FirstChoiceAutoFinder

Police in the north and northwest suburbs called out the salt trucks Monday morning after icy roads caused a series of crashes, a few ending with cars sliding into ditches. Illinois State Police contacted IDOT following a series of “fender benders FirstChoiceAutoFinder

Well how about that? Ford’s new Fusion gasoline-electric hybrid will debut as the most fuel efficient vehicle in its class, posting 41 miles per gallon in the city. The mid-size sedan wasn’t just snapped out of Ford’s research and development FirstChoiceAutoFinder

FirstChoiceAutoFinder - Nissan, NEC To Spend $1 Billion On Battery Output - TechWeb

Monday, December 29th, 2008

The joint venture will start manufacturing lithium-ion batteries next year with an initial capacity to supply 13,000 units a year. TOKYO, Dec 29 - Japan’s Nissan Motor Co and NEC Corp will invest at least $1.1 billion to make lithium-ion batteries FirstChoiceAutoFinder

In the Far East, the regional authorities stepped in Monday in an attempt to reconcile the Far East Customs Department and car owners . The drivers oppose new methods for calculating the value of used cars imported to Russia, as the cost of the Asian FirstChoiceAutoFinder

Detroit’s nightmare could be a dream come true for auto-repair stocks, according to Anthony Cresitello of BB&T Capital Markets. “It’s a combination of keeping cars longer, and the age of the fleet on the road today keeps getting older and older,” he FirstChoiceAutoFinder

PHOENIX (Reuters) — With a hearty “All Aboard,” Phoenix launched a sleek new $1.4 billion light-rail system Saturday amid uncertainty people will hop out of their cars and onto the train. About 75 people became the first riders of the 20-mile system FirstChoiceAutoFinder

RENO (AP) - Omaha-based Union Pacific Railroad officials are investigating the cause of a weekend freight train derailment in northern Nevada. Railroad officials say there will be no disruption to rail service on 1 of the country’s main east-west FirstChoiceAutoFinder

DES MOINES — A measure that would allow cities to tax the income of residents to reduce their reliance on property taxes will be proposed to lawmakers when they convene next month. Cities and counties generate more than 80 percent of their budgets FirstChoiceAutoFinder

FirstChoiceAutoFinder - Snow, snow (and plenty of ice) everywhere - CNN

Monday, December 22nd, 2008

Snow, snow (and plenty of ice) everywhere - CNN
(CNN) — Snowstorms and icy conditions on Sunday delayed flights across the northern United States, caused havoc on roads and left thousands without electricity. A worker shovels snow as the storm hits Chicago, Illinois. At least one death has been

Auto Bailout Caps Flawed Relationship - Wall Street Journal
The news of the once-mighty Big Three auto makers getting a financial lifeline from the federal government is a fitting climax to the long and rocky relationship between Detroit and Washington. Detroit’s car makers helped America win World War II by

Ohio workers face life without General Motors; plant closing to put - Hartford Courant
MORAINE, Ohio (AP) — General Motors Corp. ’s financial woes have GM workers around the country worrying about what life without GM might be like. The 1,080 hourly workers at the automaker’s sport utility plant in this Dayton suburb are about to

Ohio GM plant closing to leave 1,080 workers idle - Forbes
General Motors Corp. ’s financial woes have GM workers around the country worrying about what life without GM might be like. The 1,080 hourly workers at the automaker’s sport utility plant in this Dayton suburb are about to find out. For them, life

Police praise chain-up law for N. Idaho passes - KTVB
BOISE — Police in northern Idaho say a new law requiring large trucks to use chains on highway passes during winter weather is helping avert accidents. The Legislature voted this year to require large trucks to use chains on Fourth of July and

Salem city crews responding to downed trees, icy roads - Statesman Journal
All six of the city’s plows are out removing snow and ice from Salem’s main roads, Gotterba said. A grader, two de-icing trucks and a number of additional sanding trucks are also working to make streets passable. The crews are working 24 hours a day

FirstChoiceAutoFinder - Motor City’s woes extend beyond auto industry - Globe Gazette

Monday, December 22nd, 2008

Motor City’s woes extend beyond auto industry - Globe Gazette
DETROIT (AP) — One measure of how tough times are in the Motor City: Some of the offenders in jail don’t want to be released; some who do get out promptly re-offend to head back where there’s heat, health care and three meals a day. “For the first

Govt mulls refinance for state transport firms - Business Standard
This is to stimulate the demand for commercial vehicle manufacturers like Ashok Leyland and Tata Motors at a time when demand from private truck operators has dipped sharply because of the economic downturn. The move is also intended to enable state

Celtics’ Davis suffers concussion, whiplash in car accident on way to - CBS Sportsline
BOSTON — Boston Celtic forward Glen Davis was injured in an automobile accident on the Massachusetts Turnpike Sunday as he drove to the TD Banknorth Garden for the game against the New York Knicks. Celtics spokesman Jeff Twiss said the accident

Rondo helps Celtics tie record, win 18th straight - Associated Press
BOSTON (AP) — Rajon Rondo scored 18 of his 26 points in the third quarter to help the Boston Celtics tie a franchise record with their 18th straight win, beating the New York Knicks 124-105 Sunday night. The win improved Boston’s record to 26-2

FirstChoiceAutoFinder - Tow Trucks Out In Full Force For Snow Emergency - WBZ-TV

Friday, December 19th, 2008

Tow Trucks Out In Full Force For Snow Emergency - WBZ-TV
People in South Boston and all over the city are waking up and getting out to work only to find that their cars are gone – towed away because of the parking ban put in place by the city in advance of Friday’s snow storm . The parking ban went into

INSTANT VIEW 1-US auto sector secures emergency loans - CNBC
NEW YORK, Dec 19 (Reuters) - The U.S. government will offer up to $17.4 billion in emergency loans to the U.S. auto sector, providing some breathing room to General Motors Corp and Chrysler LLC as they try to shore up their cash position and

Local dealer has idea to help auto bailout - KHOU
HOUSTON — At Archer Dodge, just off of Southwest Freeway, Chioma Nwambu was basking the glow of the early Christmas present she gave herself. She had just bought a new car.  Nwambu is exactly what the auto industry is looking for: customers. “I

Tech companies are banding together to help bring the battery industry - DailyTech
Fourteen U.S. technology companies have banded together to create a group seeking more than $1 billion to help build a manufacturing plant able to make a new generation of batteries for electric cars. The National Alliance for Advanced Transportation

RPT-WRAPUP 3-Bush announces auto loan program; Toyota loss looms - Reuters
WASHINGTON, Dec 19 (Reuters) - President George W. Bush announced a $17.4 billion government loan program on Friday to bail out ailing U.S. carmakers, saying it would be irresponsible in a time of economic crisis to let the car makers collapse in

Bush announces auto loan program - International Herald Tribune
President George W. Bush announced a $17.4 billion (£11.6 billion) government loan program on Friday to bail out ailing U.S. carmakers, saying it would be irresponsible in a time of economic crisis to let the carmakers collapse in chaos. The

Detroit’s Cobalt: a ‘pocket rocket’ with a friendly price - Newsday
Ask an import-centric New York motorhead to name a few hot-performing but small and affordable cars and you’re likely to hear names like GTI, Civic Si, Sentra SER and Mazdaspeed 3. All nice cars, but there are a couple of Detroit entries that also

FirstChoiceAutoFinder - 25 THE WRONG DEAL - Canada East

Tuesday, December 16th, 2008

They say that they are making cars safer and able to withstand more and harder impacts and that they are adding more and more safety features to keep the people inside from harm. Unfortunately, they are dealing with the vehicles and not the root FirstChoiceAutoFinder

HALLSVILLE - The trick for Ty Baumgartner was translating what he loves into a fruitful and fulfilling profession. As he gazes at a garage full of unfinished race cars, he looks fulfilled. Julia Robinson photo He smooths down a piece of pipe after FirstChoiceAutoFinder

[ December 16, 2008 ] P HILADELPHIA (AP) — With gas prices tumbling to levels last seen in 2004, Scott Royer has grown accustomed to seeing drive-offs by customers once loyal to his family-owned service station in central Pennsylvania — but not the FirstChoiceAutoFinder

Several drivers learned a good lesson this weekend in Le Sueur County. About eight cars decided to start their own parking lot next to a Marina in Le Sueur County Saturday night near Lake Washington. What they didn’t know was they were actually FirstChoiceAutoFinder

KABUL, Afghanistan (Dec. 15) - President George W. Bush wrapped up a whirlwind trip to two war zones Monday that in many ways was a victory lap without a clear victory. A signature event occurred when an Iraqi reporter hurled two shoes at Bush FirstChoiceAutoFinder

A water main burst on Rocky Butte led to Dickinson Trinity High School calling off school Tuesday. School officials were informed by the city early in the morning that there would be no water as a result of the water main break. Comments posted on FirstChoiceAutoFinder

SAN FRANCISCO (MarketWatch) - Johnson Controls Inc., one of the auto industry’s biggest parts makers, handed in its 2009 outlook Tuesday. It was not pretty. The company predicted only 9.3 million cars and light trucks will be sold in the United FirstChoiceAutoFinder

Subaru have withdrawn from the 2009 World Rally Championship due to the global economic downturn. The news comes just one day after Suzuki also confirmed that they are to quit the WRC, and less than a fortnight after Honda sent shockwaves through FirstChoiceAutoFinder

Last week, I asked for some ideas about how bikes and cars can share the road. The responses were pretty civil, but still included some bikers blaming cars and cars blaming bikers—which seems to be the terminus of all discussions of traffic FirstChoiceAutoFinder

FirstChoiceAutoFinder - Russian police thwart anti-government protest, detain dozens - CJAD

Sunday, December 14th, 2008

Russian police thwart anti-government protest, detain dozens - CJAD
MOSCOW - Police thwarted a banned anti-Kremlin protest in central Moscow on Sunday, seizing demonstrators and shoving them into trucks. Organizers said 130 people were detained around the capital but police put the number at 90. The opposition

Police Thwart Moscow Opposition Rally, Arrest 25 - ABC News
Plain clothed police officers detain an opposition demonstrator during an anti-Kremlin protest in Plain clothed police officers detain an opposition demonstrator during an anti-Kremlin protest in Moscow, Sunday, Dec. 14, 2008. Police thwarted an

Kremlin Thwarts Protest Organized By Kasparov - CBS 4 South Florida
MOSCOW (AP) ― Police thwarted an anti-Kremlin protest organized by Garry Kasparov’s opposition group on Sunday, seizing demonstrators and shoving them into trucks. They detained at least 25 people including the group’s co-leader. About 10

Police thwart Moscow rally, seize 90-130 people - Washington Post
Plain clothed police officers detain an opposition demonstrator during an anti-Kremlin protest in Moscow, Sunday, Dec. 14, 2008. Police thwarted an anti-Kremlin protest organized by Garry Kasparov’s opposition group on Sunday, seizing demonstrators

Russian Police Thwart Anti-Kremlin Rally, Arrest 25 - Huffingtonpost.com
Compare 02:34 PM EST 01:54 PM EST 01:47 PM EST 12:51 PM EST 09:33 AM EST 08:38 AM EST 07:32 AM EST 07:25 AM EST 07:15 AM EST 06:58 AM EST 05:52 AM EST and 02:34 PM EST 01:54 PM EST 01:47 PM EST 12:51 PM EST 09:33 AM EST 08:38 AM EST 07:32 AM EST 07

Central Security trucks and a wrecked car seen the - Egypt Today
WHAT EXACTLY, MOTIVATES thousands of people to demonstrate in protest of a two-year-old DVD recording of a stage play that the vast majority of them have neither heard nor seen? It’s a question that has puzzled me ever since the shockingly violent

Five semi-trucks collide - KRQE News 13
GRANTS, N.M. (KRQE) - Icy roads and a construction zone contributed to a fiery crash involving five semi-trucks near Grants Sunday. The accident occurred around 1:30 p.m. The trucks were heading into a construction zone in westbound Interstate 40 at

FirstChoiceAutoFinder - Police thwart Moscow rally, seize 90-130 people - Washington Post

Sunday, December 14th, 2008

Plain clothed police officers detain an opposition demonstrator during an anti-Kremlin protest in Moscow, Sunday, Dec. 14, 2008. Police thwarted an anti-Kremlin protest organized by Garry Kasparov’s opposition group on Sunday, seizing demonstrators FirstChoiceAutoFinder

11 mins ago: Police thwart Moscow rally, seize 90-130 people 8 hrs ago: Police thwart Moscow opposition rally, arrest 25 9 hrs ago: Russian opposition attempt to rally in Moscow Plain clothed police officers detain an opposition demonstrator during FirstChoiceAutoFinder

GRANTS, N.M. (KRQE) - Icy roads and a construction zone contributed to a fiery crash involving five semi-trucks near Grants Sunday. The accident occurred around 1:30 p.m. The trucks were heading into a construction zone in westbound Interstate 40 at FirstChoiceAutoFinder

FirstChoiceAutoFinder - Shanghai Volkswagen to cut output as sales slow - South China Morning Post

Sunday, December 14th, 2008

Shanghai Volkswagen, a key carmaker on the mainland, will extend its regular maintenance work and scale back production as it seeks to reduce inventory amid slowing sales, according to a source. An executive with a major supplier to the carmaker said FirstChoiceAutoFinder

2008-12-14 19:15:07 - The European central office of Key Safety Systems, a renowned supplier of security systems and security-related components to the automobile industry, has implemented the ALTUSEN KM0432 Matrix KVM switch from ATEN International FirstChoiceAutoFinder

When crises are over and done with, which they inevitably are, looking back over their unfolding typically leads us to some rather basic conclusions. Of course, there is the whole paraphernalia of institutional solutions and professional reputations FirstChoiceAutoFinder

With two of America’s major automobile companies reportedly weeks away from financial collapse, there continues to be little agreement in Washington on how to craft a government rescue package that would stave off bankruptcy. The White House is FirstChoiceAutoFinder

NEW DELHI: Commercial vehicle makers are reeling under unprecedented fall in demand. And if the December production schedules are anything to go by, more pain lies ahead. DNA Money spoke with some of the largest suppliers to the Big 3 of CVs — Tata FirstChoiceAutoFinder