Latest press releases in Automotive

Abhishek Auto enters into a JV with Global Auto Component Major - The US $ 1 billion KSS
Abhishek Auto Industries Limited, the country’s first and leading Seat Belts manufacturer with approx. 40% market share and revenues in excess of Rs. 100 crore, today announced a joint venture with KSS (Key Safety Systems), a leader and innovator in global automotive safety systems and components. KSS is a US $ 1 billion MNC specialising in seat belts, steering wheels and air bags, headquartered in Detroit, USA. Under the terms of agreement of the JV, KSS is acquiring a 50% stake in Abhishek Auto Industries Limited and post the JV Abhishek Auto Industries Limited will be renamed as KSS-Abhishek Safety Systems Pvt. Ltd.The balance equity will continue with the existing shareholders of Abhishek Auto Industries Limited.

Minda Industries Limited (mil), India’s Largest Manufacturer of 2-3 Wheeler Automotive Switches, Announces Financial Results for Q2 of 2007-2008.
“Our performance is slightly lower than the envisaged target of 40% top-line growth, but that has been keeping in mind the very abnormal negative growth seen in the last 6 months in the auto sector. We are hopeful that this is a short term issue and will change soon”, says Mr. N.K. Minda, Managing Director, Minda Industries Limited. MIL is today the country’s largest manufacturer of switches in the 2/3 wheeler segment and is amongst the top few globally. Minda has already started the test production of batteries at its Pantnagar facility and this will start commercial production shortly. Minda Industries Limited has its manufacturing plants in Gurgaon, Pune, Hosur, Delhi, Aurangabad & Pantnagar and has over 1200 employees. Minda Group also has a manufacturing facility in Indonesia, looking after the booming ASEAN market.

Arai Forging Industry Division Launched Its Official Web Site Www.firiindia.com on 15th Oct. 2007.
ARAI-FID formally launched its official web site www.firiindia.com today in order to widen its reach amongst the worldwide forging industry, research agencies, associates, vendors and job seekers.

Jerr-Dan to Provide towPartners Memberships to the Towing Industry for 2008
Jerr-Dan Corporation and towPartners are pleased to announce that Jerr-Dan will be providing towPartners memberships to the entire towing and recovery industry in 2008. The strategic partnership between Jerr-Dan and towPartners was formed in 2006 and continues to develop into a powerful benefits addition to the towPartners program. This provision of memberships by Jerr-Dan Corporation demonstrates their tremendous commitment to our industry and to the companies who serve the motoring public.

towSearch.com Reaches New Milestones with Towing Discount Program
towPartners® today announced that it’s towing and road service provider locator tool, towSearch, now has over 22,000 listed companies across the United States and that over 500 of these member companies have already opted-in to offer a 10% discount to users of towSearch.com. The system is being heavily used by transportation fleet managers, individuals and even motor clubs as vehicles need service across the United States.

Despite Tickets, Accidents and SR22, Drivers Now Have Affordable Illinois Auto Insurance Options
Drivers with less than perfect driving records can now find competitive rates for auto insurance and gain instant access to downloadable auto insurance policies and ID cards.

Carreg Offer a Unique Auction Buying Service
Carreg.co.uk will go to the number plate auctions on behalf of customers, saving time, expenses and money. http://www.carreg.co.uk/number_plates/number_plates_aucinfo

Kiatnakin Bank "Approval in 30 Minutes" for Car Hire Purchase
Kiatnakin Bank focuses on car hire purchase, special campaign "Approval in 30 minutes" to be launched in Motor Expo at end of this year.

IIHS 2007 Top Safety Pick honor for Lincoln MKX
Central Florida Lincoln Mercury is proud to announce that Lincoln MKX, the first crossover vehicle from Lincoln, has earned the 2007 Insurance Institute for Highway Safety Top Safety Pick Award for its good performance in front, side, and rear crash tests and an optional electronic stability control. For details contact Central Florida Lincoln Mercury, Colonial Drive Orlando, FL, or log on to http://www.cflm.com.

Central Florida Lincoln Mercury Isuzu, Orlando, Florida (fl), Comes Up with a Novel Idea to Prevent Customers from Being Taken for a Ride
Central Florida Lincoln Mercury Isuzu, premier dealer for Lincoln, Mercury, and Isuzu vehicles, has announced a method by which it can prevent its customers from falling prey to unscrupulous trading practiced in the aftermath of Hurricane Katrina. For more details, call the dealer at (407) 841-4550.

Old Car Prices Available Online
Old Cars Weekly magazine and Old Cars Price Guide have combined to make the hobby’s leading price guides available for download online. Priced affordably, these price guides can instantly answer the question every old car collector asks: "What is it worth?

Hendrick Mini Announces the Introduction of Mini Clubman
The new Mini Clubman, an all-new addition to the Mini model range, is here to dazzle. Hendrick Mini, a premier Mini car dealership in Charlotte, North Carolina, announced the introduction of Mini Clubman. For details visit www.hendrickmini.com/ or call 704-566-2510.

Made in America Strategy Necessitates Acquiring a 2nd Plant by Scorpion Performance
Scorpion Performance ramps up to meet increasing demand for its US made precision products

Gasgoo.com, China's Premium Platform for Auto Parts Sourcing
Gasgoo.com, China's largest auto parts business portal was born at a time of such a historical juncture. It created a "Reverse Sourcing"pattern, which means the web provides dozens of thousands of auto parts buyers as well as their demands, requirements and help them find Chinese suppliers.

Assembled Dune Buggies Now Available Online From Dune Buggy Crew
Dune-Buggy-Crew.com Offers and Delivers Assembled Dune Buggies through the Ease of Online Purchasing