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News for 29 July 2010

Continental aims to capture 13% of the global market for car-engine turbochargers
Thursday, 29 Jul, 2010 – 18:19 | Comments Off

Continental AG aims to possess up to 13% of the global market for car-engine turbochargers within five years, according to Udo Schwerdel, the head of the project.
He said that the demand for diesel and gasoline …

Celebrating 40 years of Nissan’s Z car:
Thursday, 29 Jul, 2010 – 18:18 | Comments Off

It’s one of the most iconic names in the auto world: The Z car. No matter the number–240, 350, 370–that singular letter rings true with enthusiasts. And the style, power and pure fun of Nissan’s …

Z-Party: Nissan marks 40 years of sports-car fun:
Thursday, 29 Jul, 2010 – 17:13 | Comments Off

It’s one of the most iconic names in the auto world: The Z car. No matter the number–240, 350, 370–that singular letter rings true with enthusiasts. And the style, power and pure fun of Nissan’s …

Mecum to auction part of Reggie Jackson’s car collection :
Thursday, 29 Jul, 2010 – 13:03 | Comments Off

Baseball Hall-of-Famer and five-time World Series winner Reggie Jackson bought his first car before he could legally drive. And while that Ford won’t be offered at the Mecum Monterey Auction, 15 cars from his collection …

Report: Ford will give suppliers ‘a single point of contact’ in reshuffle
Thursday, 29 Jul, 2010 – 11:22 | Comments Off

To reorganize Ford Motor Co.’s purchasing procedure and to provide “a single point of contact” for suppliers, there were two key promotions, according to purchasing chief Tony Brown.
On July 1, Birgit Behrendt started functioning as …

2010 JAPO Motorsport Nissan Skyline R34 GT-R
Thursday, 29 Jul, 2010 – 11:08 | Comments Off

JAPO Motorsport bought a used Nissan R34 GT-R, took it apart down to its basic structure, followed by an extremely complex rebuilding – closely based on the legendary Z-tune model in terms of …

Average dealer’s net profit nearly doubled in the first five months of 2010, says NADA
Thursday, 29 Jul, 2010 – 8:05 | Comments Off

The National Automobile Dealers Association said that the average dealer’s net profit before taxes almost doubled in the first five months of the year over last year, to $278,814.
The average net pretax profit margin was …

Mr. Octoberand#8217;s car collection to be sold in August:
Thursday, 29 Jul, 2010 – 8:01 | Comments Off

Baseball Hall-of-Famer and five-time World Series winner Reggie Jackson bought his first car before he could legally drive. And while that Ford won’t be offered at the Mecum Monterey Auction, 15 cars from his collection …

U.S. regulators expanded their investigation of 1999-2003 Ford Windstar
Thursday, 29 Jul, 2010 – 7:16 | Comments Off

The National Highway Traffic Safety Administration is expanding its probe of Ford Windstar minivans to a second component after determining that “salt belt” complaints indicate a loss of vehicle control stemming from corrosion.
The new investigation …

Alfa Romeo history to be saluted at Pebble Beach:
Thursday, 29 Jul, 2010 – 6:01 | Comments Off

The 2010 Pebble Beach Concours d’Elegance will pay tribute to all that is Alfa Romeo, celebrating the 100-year anniversary of the Italian auto manufacturer founded as Anonima Lombarda Fabbrica Automobili.
The Aug. 15 gathering will make …

Mercedes-Benz introduces the first double-clutch transmission in a truck
Thursday, 29 Jul, 2010 – 5:17 | Comments Off

Regarded as one of the most important technological features to have come out in the past few years, dual clutch transmissions have come a long way.
In fact, the dual-clutch gearbox can now be found in …

Alfa to be honored at Pebble:
Thursday, 29 Jul, 2010 – 4:12 | Comments Off

The 2010 Pebble Beach Concours d’Elegance will pay tribute to all that is Alfa Romeo, celebrating the 100-year anniversary of the Italian auto manufacturer founded as Anonima Lombarda Fabbrica Automobili.
The Aug. 15 gathering will make …

Chrome Wrapped Mercedes SLS AMG GT3 Racer
Thursday, 29 Jul, 2010 – 3:15 | Comments Off

This new Mercedes SLS AMG GT3 Racer was released a couple months ago in a white livery color at the time, but has now been wrapped in chrome. A similar car with the chrome …

PSA/Peugeot-Citroen shares slump on second-half
Thursday, 29 Jul, 2010 – 1:07 | Comments Off

PSA/Peugeot-Citroen may have posted a profit in the first half but the carmaker warns that its performance in the second-half would be obstructed by a tougher economic environment.
This report sent its shares even lower. By …

Valeo raised its full-year operating margin target
Thursday, 29 Jul, 2010 – 0:12 | Comments Off

After having posted a 38% increase in half-year sales, French supplier Valeo raised its full-year operating margin target and its forecasts for automobile production in major markets.
Valeo predicts that automobile production will climb by 6% …