Archive for February, 2012

  1. Does full coverage cover your transmission?

    Posted on February 29th, 2012 by admin

    Does full coverage cover your transmission?
    News from Fox Business:

    Question: I have full coverage insurance and was wondering if the transmission went out on my car it would be covered.  It is full coverage, right?

    Answer: Your transmission going out wouldn’t be covered by your car insurance policy unless it were somehow related to an auto accident or other covered peril.

    While many people refer to having the physical damage coverages of collision and comprehensive on top of state liability insurance as carrying full coverage, there really is no such thing as complete and full coverage for your car.

    No auto insurance policy covers every known peril or potential problem your car could have. What full coverage does, as defined above, is cover damages you do to others, under your Fox Business

    >>> Read the full article

    Rico Auto To Sell Continental Rico JV Stake To Partner, Shares Zoom
    News from VC Circle:

    BY ANIL DAS

    In December 2011, Rico Auto sold stake in another local JV KRP Auto Industries Ltd to its local partner.

    Gurgaon-based automobile components firm Rico Auto Industries Ltd has received its board’s nod to sell its entire 50 per cent stake in Continental Rico Hydraulic Brakes India Pvt Ltd to its German JV partner Continental AG, the company has said in a statement to the Bombay Stock Exchange. However, it did not disclose the deal amount.

    After the stake sale to Continental Automotive Holding Netherlands BV, another Continental Group company, the JV will be totally owned the group.

    Shares of Rico Auto were trading at Rs 12.84 a unit on the BSE, up 18.89 per cent from the previous close on the backdrop of the stake sale.

    Rico and Con…………… continues on VC Circle

    >>> Read the full article

  2. Advance Auto Parts Beats Up on Analysts Yet Again

    Posted on February 29th, 2012 by admin

    Advance Auto Parts Beats Up on Analysts Yet Again
    News from msnbc.com:

    Advance Auto Parts reported earnings on Feb. 16. Here are the numbers you need to know.

    The 10-second takeaway
    For the quarter ended Dec. 31 (Q4), Advance Auto Parts met expectations on revenues and beat expectations on earnings per share.

    Compared to the prior-year quarter, revenue increased and GAAP earnings per share grew significantly.

    Gross margins contracted, operating margins grew, net margins improved.

    Revenue details
    Advance Auto Parts chalked up revenue of $ 1.33 billion. The 18 analysts polled by S&P Capital IQ predicted a top line of $ 1.33 billion on the same basis. GAAP reported sales were 4.5% higher than the prior-year quarter’s $ 1.27 billion.

    Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

    EPS details
    EPS came in at $ 0.90. The 21 earnings estimates compiled by S&P Capital IQ anticipated $ 0.74 per share. GAAP E…………… continues on msnbc.com

    >>> Read the full article

  3. Toyota FT-Bh official teaser video revealed

    Posted on February 28th, 2012 by admin

    Toyota FT-Bh official teaser video revealed
    News from Rush Lane:

    Show Your Love By Sharing

    Toyota has just offered a new teaser of the new FT-Bh concept. The vehicle will be revealed at the Geneva Motor Show in March this year, but prior to that one can envision what can be expected from the vehicle. Besides lower auto emission, of 50% less CO2, the weight of the FT-Bh too has been drastically reduced to just 1,763 pounds.

    Toyota FT-Bh’s aerodynamic shape and efficient engine has contributed to the drastic decline in auto emission. Toyota FT-Bh is not due to go into production as of now. Toyota will reveal more details during the Geneva Show.

    High fuel efficiency, reduced auto emissions are what most auto companies are trying their level best to achieve. Five factors contribute to this and that would include low body weight, aerod…………… continues on Rush Lane

    >>> Read the full article

    Prius Plug-in Now Available in California
    News from INAUTONEWS:

    The CVRP was designed to promote the use of Zero Emissions Vehicles and relate to clean vehicle technologies, being a consumer made available in addition to the $ 2,500 Federal Tax credit offered for qualified vehicles. The program offers rebates to business owners, individuals, government entities and non-profit groups that purchase or lease plug-in hybrid vehicles or eligible zero-emission cars. Under CVRP, the Prius Plug-in is eligible for $ 1,500 rebate, offered to consumers on a first-come-first-served policy, who either purchase or lease the car for more than 36 months.

    Prius Plug-in Hybrid is a combination between the third-generation Prius Liftback’s Hybrid Synergy Drive and a dedicated electric driving (EV) capability, at a competitive price. The Prius Family now includes the Prius Plug-in, includes the third-generation Prius Liftback, the versatile new Prius v and the all-new subcompact Prius c, available from March 2012.

    Prius Plug-in has a new Li-ion battery, which…………… continues on INAUTONEWS

    >>> Read the full article

  4. Advance Auto Parts Beats Up on Analysts Yet Again

    Posted on February 27th, 2012 by admin

    Advance Auto Parts Beats Up on Analysts Yet Again
    News from DailyFinance:

    Advance Auto Parts (NYS: AAP) reported earnings on Feb. 16. Here are the numbers you need to know.

    The 10-second takeaway
    For the quarter ended Dec. 31 (Q4), Advance Auto Parts met expectations on revenues and beat expectations on earnings per share.

    Compared to the prior-year quarter, revenue increased and GAAP earnings per share grew significantly.

    Gross margins contracted, operating margins grew, net margins improved.

    Revenue details
    Advance Auto Parts chalked up revenue of $ 1.33 billion. The 18 analysts polled by S&P Capital IQ predicted a top line of $ 1.33 billion on the same basis. GAAP reported sales were 4.5% higher than the prior-year quarter’s $ 1.27 billion.

    Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain compara…………… continues on DailyFinance

    >>> Read the full article

    Detroit automakers race to keep up with sales
    News from USA TODAY:

    DETROIT (AP) – Auto sales are growing so fast that Detroit can barely keep up.

    • By Scott Olson, Getty Images

      President of General Motors North America Mark Reuss introduces the 2013 Chevrolet Sonic during the North American International Auto Show in Detroit on Jan. 9

    By Scott Olson, Getty Images

    President of General Motors North America Mark Reuss introduces the 2013 Chevrolet Sonic during the North American International Auto Show in Detroit on Jan. 9

    Three years after the U.S……………. continues on USA TODAY

    >>> Read the full article

  5. Twenty Indian cities to switch to BS IV emission norms by 1 Mar

    Posted on February 27th, 2012 by admin

    Twenty Indian cities to switch to BS IV emission norms by 1 Mar
    News from Livemint:

    New Delhi: As part of India’s commitment towards cleaner fuel, 17 cities have switched to Bharat Stage 4 (BS IV) emission norms, with three more cities to be added on 1 March.

    The cities that will be covered by 1 March are Ankaleshwar (Gujarat), Hissar (Haryana) and Bharatpur (Rajasthan). A total of 50 cities will be covered by 2015. BS IV petrol and diesel have lower sulphur content, a major air pollutant, compared with BS III norms.

    “There is a general consensus among the stakeholders that it is better to extend these emission norms to other cities at the earliest. Petroleum ministry has said that the oil companies will be able to supply BS IV-compliant fuel to top 50 cities by 2015,” said a government official, requesting anonymity.

    According to the national auto fuel policy, in 2010, the BS IV norms were implemented in 13 cities—the national capital region, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Ahmedabad, Pune, Surat, Kanpur, Agra, Solapur and Lucknow, while BS III norms were…………… continues on Livemint

    >>> Read the full article

    Expert points at auto waste, wants industry to evolve disposal chain
    News from The Hindu:

    “Chennai has right environment to become automotive R&D hub”

    Handling auto waste is emerging as a big issue and the automotive industry should create a ‘disposal chain’, similar to supply chain, so that vehicles that ultimately turn into scrap bundles can be effectively disposed of, Principal Scientific Advisor to the Government of India, R. Chidambaram, said on Monday.

    Delivering the inaugural address at the fourth edition of ‘Automotive R&D trends 2015: automotive technology – mobility as a system’, organised by the Confederation of Indian Industry (CII), he said that the issue could not be ignored any longer.

    The latest generation vehicles could be described as computer on wheels as they were coming out with more embedded systems and hence their disposal required greater attention as was being done in advanced countries.

    Semi-skilled labourers are required to remove valuable parts such as aluminium. Through effective recycling, one can generate two mill…………… continues on The Hindu

    >>> Read the full article

  6. 2012 Annual Auto Issue: Best cars for braking

    Posted on February 26th, 2012 by admin

    2012 Annual Auto Issue: Best cars for braking
    News from ConsumerReports.org:

    Good brakes are critical for controlling a car and avoiding accidents. In our tests, we measure dry and wet braking to assess how each vehicle compares to its competition, and we find there can be significant variation from the best to the worst performers.

    To measure how cars do in this important test area, our automotive engineers conduct a series of tests, bringing a car from 60 mph to zero on wet and dry pavement. To collect the data, each test car is rigged with a pavement-scanning optical device that records precise stopping times and distances. We also judge brake-pedal modulation.

    Our current results show notable variance between the best and worst vehicles, with the extremes separated by 39 ft. To put that in perspective, if a trio of the best-stopping Porsche Boxsters were traveling at 60 mph, trailed by a bumper-riding Jeep Wrangler Unlimited, and all vehicles applied the brakes with maximum force, the Jeep would be theoretically halt atop the leading Porsche. The differences are so severe they could be measured in car lengths.

    To see the best…………… continues on ConsumerReports.org

    >>> Read the full article

    There is still time to attend Autorama’s 60th anniversary show
    News from Hometownlife.com:

    Three Livonia residents will be among the car enthusiasts displaying their hot rods, custom cars and ’50s classics at the 60th Anniversary Meguiar’s Detroit Autorama this weekend at Cobo Center in Detroit.

    Bob Smith will show his 1953 Chevrolet Station Wagon, Katie Haddad her 2000 torch red Corvette and Frank Tullio his 1988 Pontiac Trans AM Drag Car.

    Autorama will feature 1,000 exhibits including WRIF’s Kid Rock Collection of four legendary vehicles owned by Detroit’s own Kid Rock; celebrity appearances and special exhibits.

    Smith’s station wagon is a “tin woody,” which he had rebuilt four to five years ago for his wife, Karen, for their wedding anniversary.

    From the exterior, the wagon looks like a stock car painted in green and white for Karen’s alma mater, Michigan State University.

    ‘Drives like a dream’

    But the car features a 350 GM Crate Motor, 700 R transmission, 355 Chevy rear end, Mustang II front suspension, digital dash, air springs and shocks, power steering, power brakes and air conditioning.

    “It drives and rides…………… continues on Hometownlife.com

    >>> Read the full article

  7. CARQUEST Auto Parts to pay $242715 judgment after accused of overcharging …

    Posted on February 25th, 2012 by admin

    CARQUEST Auto Parts to pay $ 242715 judgment after accused of overcharging …
    News from San Diego Gay & Lesbian News:

    SAN DIEGO — Golden State Supply, doing business as CARQUEST Auto Parts stores in the San Diego area, has agreed to pay a $ 242,715 judgment after being accused of charging customers more than the advertised or posted price on items when they were scanned at check-out counters.

    After customers complained to authorities, an investigation was jointly launched by the San Diego City Attorney’s Office and the San Diego County District Attorney’s Office. The case was filed in San Diego Superior Court.

    The case alleged CARQUEST stores in California charged customers more than the advertised or posted price on items in vi…………… continues on San Diego Gay & Lesbian News

    >>> Read the full article

    Woman charged with murder after shooting outside Colorado Springs auto parts store
    News from The Republic:

    COLORADO SPRINGS, Colo. — A 49-year-old woman has been charged with first-degree murder stemming from a shooting outside a Colorado Springs auto parts store.

    The Gazette (http://bit.ly/wedlWw ) reports Frani Olivas is being held at the El Paso County jail without bail for the July 27 shooting…………… continues on The Republic

    >>> Read the full article

  8. Car Facts: Shop and save with snow tires

    Posted on February 25th, 2012 by admin

    Car Facts: Shop and save with snow tires
    News from Ottawa Citizen:

    Redirect Notice

     The previous page is sending you to

    http://www.ottawacitizen.com/life/Facts%20Shop%20save%20with%20snow%20tires/6204083/story.html

    .

     If you do not want to visit that page, you can return to the previous page.

    …………… continues on Ottawa Citizen
    >>> Read the full article

    Goodyear Proves They’re ‘More Driven’ for Start of the 2012 NASCAR Season
    News from Bradenton Herald: