1. E15 ethanol fuel can damage auto engines

    Posted on May 19th, 2012 by admin

    E15 ethanol fuel can damage auto enginesNews from study – Hydrocarbon Processing:Compared with typical gasoline, issues include damaged valves and valve seats, misfires, lower performance, engine damage, poor fuel economy and increased emissions.
    Auto repair costs for consumers could rise due to adverse effects of fuel containing 15% ethanol blends (E15), according to new results from a two-year study on engine durability.
    The study was conducted by FEV, a longtime consultant to the US Environmental Protection Agency, on behalf of the Coordinating Research Council (CRC).
    The CRC study released Wednesday showed adverse results from E15 use in certain popular, high-volume models of cars, [...] Continue Reading…

  2. Advance Auto Parts 1Q profit up, but short

    Posted on May 18th, 2012 by admin

    Advance Auto Parts 1Q profit up, but shortNews from BusinessWeek:

    By MICHAEL FELBERBAUM

    order a reprint
    digg this
    BusinessWeek
    >>> Read the full article

    Auto Parts, Dollar Stores Tumble After EarningsNews from Investor’s Business Daily:

    Industry leadership took a bearish turn Thursday as two of the most resilient defensive groups unraveled in heavy trade.
    Auto parts retailers and dollar store chains dropped after earnings reports from Dollar Tree (DLTR) and Advance Auto Parts (AAP).
    Advance Auto swooned 17% after missing Q1 earnings forecasts. Management said a mild winter led to fewer major repairs for cars, and warned of “constrained” results in the current quarter. Shares of other auto [...] Continue Reading…

  3. Ford Focus Battery Electric Vehicle review

    Posted on May 18th, 2012 by admin

    Ford Focus Battery Electric Vehicle reviewNews from Telegraph.co.uk:
    It goes on sale in the US first and arrives in the UK this autumn. No prices yet, but expect to be paying at least £25,000 including the Government’s £5,000 subsidy. The driveline has been developed by Magna International and it includes a 23kWh, liquid-cooled, LG Chem-supplied lithium-ion battery pack, which gives a range of about 100 miles. The battery systems, inverter and cooling adds about 440lb to the all-up weight of a petrol-engined Focus and Mark Lucas, a Ford engineer working on the project, says that the cost of the battery [...] Continue Reading…

  4. Review: 2012 Porsche 911 Carrera

    Posted on May 17th, 2012 by admin

    Review: 2012 Porsche 911 CarreraNews from San Jose Mercury News:

    Click photo to enlarge

    This Wednesday, Feb. 8, 2012 photo shows the 2012 Porsche 911 Carrera S during a preview of the Chicago Auto Show at McCormick Place in Chicago. (AP Photo/Nam Y. Huh)

    The new-generation, 2012 Porsche 911 Carrera has the familiar, sexy shape of its forebears. But it’s tastefully redone with a wider front track, a body that’s a bit longer and lighter, a holistically designed interior and modern touches like light-emitting diode tail lamps.
    Of course, there’s more power, too — up to 400 horses and 325 foot-pounds of torque [...] Continue Reading…

  5. Corning Holds Grand Opening Ceremony for Shanghai Automotive Substrate …

    Posted on May 16th, 2012 by admin

    Corning Holds Grand Opening Ceremony for Shanghai Automotive Substrate …News from IT News Online:Corning Holds Grand Opening Ceremony for Shanghai Automotive Substrate Facility ExpansionBusiness Wire (Business Wire India)2012-05-16

    Shanghai, China :
    Corning Incorporated (NYSE: GLW) has hosted a grand opening and groundbreaking ceremony for Corning (Shanghai) Co. Ltd., Corning’s wholly owned automotive substrate facility in Shanghai, China. The event celebrated the completion of a $ 125 million expansion and the beginning of a previously announced third capacity build-out. Members of the Chinese government, customers, and employees attended the ceremony.
    Corning (Shanghai) Co. Ltd. was established in 1999 to provide advanced emissions [...] Continue Reading…

  6. N. American car battery shipments surge in March

    Posted on May 15th, 2012 by admin

    N. American car battery shipments surge in MarchNews from Reuters:

    Mon May 14, 2012 2:43pm EDT

    * March replacement battery shipments surge 25 pct mo/mo

    * OEM shipments climb over 10 pct mo/mo

    NEW YORK May 14 (Reuters) – North American shipments of replacement automotive batteries jumped 24.79 percent in March from February and rose nearly 3 percent from March 2011, a U.S. industry group said on Monday.

    Battery Council International reported that shipments surged to 9,515,512 units in March from 7,625,187 units in February and 9,269,738 in March 2011.

    For the year through March, replacement battery shipments fell 6.05 percent to 25,436,032 units from [...] Continue Reading…

  7. Advance Auto Parts, InterOil Corporation Among Stocks Down on High Volume Monday

    Posted on May 14th, 2012 by admin

    Advance Auto Parts, InterOil Corporation Among Stocks Down on High Volume MondayNews from Fox Business:
    Today, a few stocks are down on high volume:
    Advance Auto Parts (AAP) is seeing its price fall on above-normal volume today, as 1.1 million shares have moved, or 1.5 times its average daily volume. The stock price had dipped 5% to $ 83.98. Shares are down $ 6.69 (-7.4%) from a price of $ 90.67 on May 7, 2012. The stock is trading 5.6% above its 200-day moving average.
    InterOil Corporation (IOC) is trading down on a volume of 1.4 million, or 2.3 [...] Continue Reading…

  8. Rolls-Royce Phantom II

    Posted on May 14th, 2012 by admin

    Rolls-Royce Phantom IINews from AutoExpress:
    While they don’t revamp Rolls-Royces as frequently as, say, Renaults, the almost 10-year life of the Phantom is still something of a landmark. Yet longevity is exactly what owners requested. “Our customers don’t want a new car coming to market too often,” Rolls-Royce told us.

    So will they be upset by this updated Phantom? It would be difficult to think so; put old and new together and you’d struggle to spot the differences. The main changes are a new ZF eight-speed auto box and rear differential, revised sat-nav, a 360-degree-view camera system, Harman Kardon stereo and [...] Continue Reading…

  9. Sports car legend Carroll Shelby dead at 89

    Posted on May 13th, 2012 by admin

    Sports car legend Carroll Shelby dead at 89News from Chicago Tribune:

    Carroll Shelby leans against his namesake Cobra pace car to start the NASCAR… (Reuters file )

    May 11, 2012|Reuters

    Carroll Shelby, designer of the Shelby Cobra and other sports cars that placed him in the pantheon of auto industry legends, has died at age 89, his company said on Friday.
    He died…………… continues on Chicago Tribune
    >>> Read the full article

  10. Auto parts maker will add 350 jobs at Jeffersonville facility

    Posted on May 12th, 2012 by admin

    Auto parts maker will add 350 jobs at Jeffersonville facilityNews from The Courier-Journal:
    An auto parts manufacturer announced Friday that it will invest $ 19 million to expand and equip the former MKM Machine Tool Co. facility in Jeffersonville, Ind., adding up to 350 jobs by 2015.
    Gov. Mitch Daniels, who attended the announcement by officials at Advanced Metal Technologies of Indiana, hailed the development as a sign that companies are picking up on the advantages of doing business in the Hoosier state. He said the region “is rapidly becoming one of our most requested sites.”
    Jeffersonville Mayor Mike Moore noted [...] Continue Reading…

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