Archive for the ‘auto related news’ Category.

Valeo: 2008 Combined Annual General Shareholders’ Meeting

Valeo’s Annual General Shareholders’ Meeting (AGM) was held today under the chairmanship of Thierry Morin, the Group’s Chairman & CEO.

2007 results and outlook

The AGM approved Valeo’s 2007 accounts which were published on February 12, 2008. In 2007, Valeo recorded a strong rise in sales volumes (+6.2%) related to growth in emerging countries where the Group has reinforced its presence. Valeo’s innovation and operational excellence strategy enabled it to achieve a 17.7% increase in operating income. At the same time, innovative products account for 32% of the Group’s order intake.

Valeo pursued the rationalization of its product portfolio, divesting its wiring harness activity and acquiring the Irish company Connaught Electronics, a specialist in image processing. These operations are in line with the Group’s strategy of focusing on three Domains: Driving Assistance, Powertrain Efficiency and Comfort Enhancement.

Valeo’s results continued to improve in the first quarter 2008. Net earnings per share were up by 36% versus the same period in 2007, while the operating margin improved by 22% to 3.6% of sales.

The coming months will continue to be marked by very high raw material prices and a tough automotive market. Against this backdrop, Valeo confirms its objective for an improvement of its results in 2008.

Thierry Morin reminded the AGM that, in a context of stricter regulations on CO2 emissions and high oil prices, Valeo’s innovative solutions for significantly reducing fuel consumption are increasingly attractive to automakers and motorists.

holiday tip: Check your tyres before you leave

The summer holidays are just around the corner. Millions of Europeans will soon be heading for the sun by road, many with caravans. Here is some good advice from Bridgestone to help those travelling on rubber have a safe journey.

Under inflated tyres put safety at risk

We’ve heard it before, but few of us do it correctly: “Check your tyre pressure regularly, and especially before long journeys.” It is a fact that driving on incorrect pressure can be both dangerous and costly. The most common fault is under inflation because tyres lose air pressure naturally over time, like a balloon. If your tyre pressure is too low, you lose handling control and your tyres become less durable due to stress and heat build up.

Low tyre pressure also costs you money: the wear life of a tyre is halved if pressure falls from 2.2 bars to 1.0 bar. Worse still, it adds an extra load on the environment. Low pressure increases your tyre’s rolling resistance on the road, leading to increased fuel consumption and higher emissions. It really does make sense to check your tyre pressure regularly.

Don’t forget your caravan tyres

If you’re towing a caravan this summer, pay special attention to the tyres. Caravan tyres are similar to car tyres, but are designed with higher load capacity and greater resistance to lateral forces to improve stability in the wind. These differences are key – don’t ever be tempted to fit car tyres on a caravan!

Another difference with caravan tyres is that they are used less often; maybe only once a year. Tyre condition should therefore be checked very carefully before the vacation. Firstly, check that there is nothing that could cause vibration, such as stones lodged in the tread. Then check the pressure while the tyres are cool. And check for tread wear. Most owners don’t go to their dealer for a new set until the tread surface has dry cracks. This is already much too late. Even without any visible signs of wear, caravan tyres should be changed after 10 years on average. See your tyre dealer for more information.

Load it carefully

It’s fun loading a caravan for vacation – but don’t get carried away! Try not to take more baggage than you need, don’t overload the rear, and spread the load evenly across the caravan to reduce the risk of zig-zag and instability. Remember: driving an overloaded caravan is not only an offence, it can be very dangerous too. And always carry a spare; you never know when you might need it.

Winners visit the Porsche Museum 911 Pedal Cars for Children for porsche

Stuttgart. Beaming faces in Zuffenhausen: today four children, aged five and six, each collected their own ‘Model 911’ pedal car from the museum of Dr. Ing. h.c. F. Porsche AG. They were the lucky winners of a raffle which had taken place at the “Bietigheim Wonderland”, an event held in Bietigheim on May 30 and 31, 2008. Dr. Wendelin Wiedeking, Chairman of the Executive Board of Porsche AG, did not miss the opportunity to greet the young guests himself and hand them their prizes in person:
“I am very pleased to meet such young Porsche enthusiasts and I hope you will have a lot of enjoyment driving your own little 911s”, said the Chairman, congratulating the children.

After receiving their prizes, the children were given a tour of the Porsche Museum to view the legendary exhibits of the sports car manufacturer. They then refreshed themselves with ice-cream and cake in the Porsche Guest Casino. The children were accompanied by their parents, brothers and sisters, as well as the Mayor of Bietigheim, Kurt Leibbrandt, and the Head of Bietigheim’s Culture and Sport Office, Heinz Steidle.

Several hundred children had taken part in the raffle for the prize pedal cars, which are true-to-scale models of the Porsche 911. Porsche had played a decisive part in initiating and sponsoring the local festivities in Bietigheim Town Center, where around 50 bands and groups performed.

performance improvement:02-08 Acura RSX Factory Rear Lip Spoiler

Its not that, that Acura RSX need any improvement in the styling or performance but adding a rear lip spoiler at Acura RSX car is surly like adding creamy icing to a cake. Car owners who want to make their 02 or 08 Acura RSX more eye catching can also buy the factory lip rear spoiler for their Acura car.

The 02-08 Acura RSX Factory Rear lip spoilers are available online at car parts online store in color that matches the Acura cars of their customers. Pre painted to match; these bumper spoilers are primed and finished to enhance the Acura’s aesthetics. The color codes that are available online are:

- B-92P-Nighthawk Black
- YR-552M-Blaze Orange
- G-523M-Jade Green
- NH-578-Taffeta White
- NH-624P-Premium White
- NH-675M-Magnesium
- B-520P-Vivid Blue
- R-81-Milano Red

The aftermarket Acura Rear Lip car spoilers come with a choice. Customers can buy 02-08 Acura RSX factory rear lip spoiler with or without DOT approved LED lights. Both types of spoilers give a dashing look to Acura RSX cars. The car spoiler package comes with all hardwear and templates necessary to attach the car spoiler.

The on road performance of these cars also improves with the attachment of these Acura rear lip spoilers. With the improvement in the aero dynamics of the car the Acura car owners can get enhanced on road performance.

The online car parts store along with 02-08 Acura RSX Factory Rear Lip Spoiler also carries, billet grilles, body kits, wings and performance car parts and accessories