Thursday, May 24, 2007 - 7:00am

Automakers aren’t the only companies taking a keen interest in plug-in hybrid-electric vehicles (PHEVs). Electric utilities are realizing development of such technology could bolster their bottom line, as well, according to a recent WardsAuto.com article.

Although PHEVs offer promising fuel efficiency, they face a number of hurdles before being introduced to the marketplace. Arguably, the most significant challenge is the way the nation’s energy grids will handle the additional power needed to recharge large numbers of plug-in vehicles.

Thursday, May 24, 2007 - 7:00am

As automotive tire-pressure monitoring system (TPMS) mandates come into effect, Texas Instruments Incorporated and Transense Technologies PLC have developed what they say is the automotive industry’s first targeted piezo-electric surface acoustic wave (SAW) sensor based system for TPMS applications. According to a recent Texas Instruments press release, the sensor units operate wirelessly, require no power source and are typically 11 millimeters x 3 millimeters in size and less than 2 grams in weight.
 

Thursday, May 24, 2007 - 7:00am

Despite the sale of Chrysler group by DaimlerChrysler, powertrain analysts at CSM Worldwide expect the restructured Chrysler to remain highly competitive in the powertrain arena well into the next decade. According to a recent CSM Worldwide press release, Chrysler has been aggressively procuring designs and outsourcing powertrain production from its global partners. The link that will be maintained with Daimler AG will be a key element of this strategy.

Thursday, May 24, 2007 - 7:00am

SEMA members cited rising operating costs as the number-one obstacle facing their businesses, according to a SEMA research. Part of these operating costs include money spent on energy, and a recent study showed that businesses in general are faced with similar challenges imposed by rising energy costs. Results from a survey of North American business leaders indicate they expect energy prices to continue to rise, and plan to invest in energy efficiency measures to help fight rising costs, according to a recent Johnson Controls press release.

Thursday, May 24, 2007 - 7:00am

Rising gasoline prices have some owners of large and midsize trucks trading to smaller vehicles, according to J.D. Power and Associates, which uses real-time retail transaction data from its Power Information Network (PIN) to gather figures. In a recent press release, it said gasoline prices have surged more than $.20 in recent weeks to a record nationwide average of $3.10 per gallon, surpassing the previous record of $3.07 per gallon set in September 2005, according to the U.S. Energy Information Administration (EIA).

Thursday, May 24, 2007 - 7:00am

Despite pumped-up production schedules in recent weeks, North American June output will trail last year’s pace by 8.3%, according to a recent WardsAuto.com article. Ward’s Auto forecasts manufacturers will assemble 1,394,600 vehicles next month based on 21 production days, somewhat under the industry’s planned 1,403,000 units. Output in like-2006 totaled 1,521,101 units, with one additional production day.

Wednesday, May 16, 2007 - 7:00am

Magazine publisher Primedia said on Monday it will sell its Enthusiast Media division, which includes popular automotive magazines like Motor Trend, Automobile, and Hot Rod, to Source Interlink for $1.2 billion. According to a Reuters report, the all-cash deal is expected to close in the third quarter and will zero out Primedia’s debt.

Wednesday, May 16, 2007 - 7:00am

In a move that had been hinted at for weeks, DaimlerChrysler AG divested itself from the bulk of its investment in Chrysler, handing over an 80.1% share of the company to the New York-based private equity firm Cerberus Capital Management, according to a Bloomberg report.

Wednesday, May 16, 2007 - 7:00am

SEMA members are located in each of the 436 Congressional districts (435 plus District of Columbia).

Nine California districts, as well as Rep. Joe Knollenberg's in Michigan, make it on the top ten list of Congressional districts in terms of number of SEMA members. 

Heading the list is Congressional Automotive Performance and Motorsports Cacucus member Dana Rohrabacher's district with one hundred and twelve SEMA members.

Wednesday, May 16, 2007 - 7:00am

Truck Accessories Group has signed on as the first Gold Sponsor of the SEMA Installation Banquet and Gala Fundraiser Supported by DUB magazine, Presented by Advanstar. Truck Accessories Group includes popular brands Leer, Century, Raider, Pace Edwards, and State Wide Aluminum.

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