auto parts manufacturers,auto parts suppliers

The world’s most powerful production sport Boxer has arrived in New Zealand.
BMW Motorrad’s new R1200 S combines incredible power delivery with cutting-edge
design offering an exceptionally smooth and sporting on road experience.

The R 1200 S’s superior performance and sporting power is evident from the minute
your fire up its 1170-cc engine which reaches a peak of 90 kW/122 hp at 8250 rpm.
The machine in road trim weighs just 195kg making it 13 kg lighter than its 1100-
cc predecessor the R 1100S which was the catalyst for BMW’s focus on
performance bikes.

BMW Motorrad general manager, Australasia, Mac McMath, predicts the
R1200S will be a preferred option for riders looking for exceptional sporting
performance and a wide array of options.
A key objective in developing the new R 1200 S was achieving a balance
between sportiness and everyday riding qualities enabling the rider to take
on a relaxed seating position for effortless riding enjoyment even on long
distances.

The Ohlins sports suspension package ensures extremely precise and
smooth handling at all times coupled with a high-performance ABS brake
system maximum safety and agility are in the forefront of the design.
BMW Motorrad ABS anti-lock brakes combine low weight and fast
response ideal for the sports rider in this case without the integral
function, but with on-demand operation allowing the rider to deactivate
ABS for the racetrack. A wide range of BMW options and accessories
ensures enthusiasts seeking to highlight the looks of their machine can do
so.

BMW’s new Boxer comes with all the features expected of the brand such
as a fully controlled catalytic converter, the single-wire system for the onboard
CAN-Bus network complete with an electronic immobiliser, a smooth
and easy-shifting six -speed gearbox, maintenance free shaft drive with a
single swinging arm, as well as Telelever front suspension.
The most sporting and dynamic Boxer of all times is ready to go!

R 1200 S features:
· Air-cooled flat-twin, 1,170-cc power unit with balance shaft
· Max output increased to 90 Kw/122 HP at 8,250 rpm
· Electronic BMS-K engine management with dual ignition, knock
control, two oxygen sensors, and a fully-controlled three-way
catalytic converter
· Light and stable, three-piece frame structure made of steel and
aluminium tubes
· Extra responsive Telelever with superior steering precision
· EVO Paralever with extra-light drive shaft
· Dry weight 195 kg weight in road trim with full tank 213 kg
· Front fairing support made of extra-light pressure -cast magnesium
· LED tail lights
· Silencer under the rear seat
· Aerodynamically optimised, extra-slender body
· Ohlins suspension
· High-performance brake system
· New extra light ABS
· Heated grips
· Wide range of accessories tailored to the sports rider

Special accessories
· Paddock stand with an appropriate adapter
· Passenger seat cover
· Tank bag
· Sports rear seat bag (small)
· Tinted windscreen
· Silencer cover made of carbon-fibre -reinforced plastic
· Heated grips
· Anti-theft warning system
· Supplementary on-board toolkit

Valeo announced today that it has signed an agreement for the creation of a joint venture for the production of HVAC (heating, ventilation and air-conditioning) systems with Itelma, a Russian supplier of automotive systems to Russian automakers. The new company, Valeo Climate Control Tomilino LLC, will be 95% owned by Valeo and 5% by Itelma.

Located in Tomilino (10 km from Moscow), the joint venture will develop, produce and sell Valeo Climate Control products and systems, including HVAC modules for passenger cars.

Thierry Morin, Valeo Chairman and CEO, said: “This joint venture is our first step in our growth strategy for Russia, where local production is growing by 20% a year and is expected to reach 4 million vehicles by 2015. We are entering the market at a very appropriate time as global automakers ramp up production in the country.”

Alexander Postnikov, Itelma Chairman, said: “Itelma is pleased to announce this joint venture with Valeo. We are sure that Itelma’s solid position in the Russian automotive market and Valeo’s technology will enable us to better serve our traditional and new OEM customers.”

Itelma is one of the leading manufacturers of engine management and on-board electronics, wire harnesses and exhaust systems for the automotive industry in the Russian Federation.

Valeo is an independent industrial group dedicated to the design, production and sale of components, integrated systems and modules for cars and trucks. It is one of the world’s leading automotive suppliers. The Group has 125 production sites, 62 R&D centers, 9 distribution platforms, and employs 61,300 people in 28 countries.

VAN BUREN TOWNSHIP, Mich., June 17, 2008 – Visteon Corporation (“Visteon”) (NYSE: VC) today announced the expiration of its previously announced tender offer (the “Tender Offer”) for up to $344,000,000 in aggregate principal amount of its 8.25 percent notes due August 2010 (“Old Notes”) and contemporaneous pricing of $206,386,000 in aggregate principal amount of new 12.25 percent senior notes due 2016 (“New Notes”). Visteon received tenders through the Automated Tender Offer Program (“ATOP”) from Eligible Holders (as defined below) of approximately 77.10 percent or $424,029,000 (“ATOP Tenders”) of the $550,000,000 of the aggregate principal amount of its 8.25 percent Senior Notes due 2010 (the “Old Notes”) as of 11:59 p.m., New York City time, on Monday, June 16, 2008 (“Expiration Date”). The Tender Offer was made upon the terms and subject to conditions set forth in the offer to purchase and the related letter of transmittal, each dated May 19, 2008. Pursuant to the terms and conditions set forth therein, in addition to tendering through ATOP, each Eligible Holder was required to send a validly completed and executed letter of transmittal to the Depositary.

The New Notes are senior unsecured obligations of Visteon Corporation and will be guaranteed by certain of its U.S. subsidiaries. The New Notes mature on Dec. 31, 2016, and will bear interest at a rate per annum equal to 12.25 percent. The New Notes include a put option pursuant to which a holder can require Visteon to repurchase all or a portion of such holder’s New Notes on Dec. 31, 2013 at 100 percent of the principal amount thereof plus accrued and unpaid interest to such date. All or a portion of the New Notes can be redeemed by Visteon (a) prior to Dec. 31, 2013, at par plus a make-whole premium and (b) on or after Dec. 31, 2013, at specified redemption prices, plus in each case accrued and unpaid interest, including, if applicable, liquidated damages on the principal amount of New Notes being redeemed. The notes were issued at a price of 91.621 to yield 14.50 percent.

The New Notes have not been and will not be registered under the Securities Act or any state securities laws. Therefore, the New Notes may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and any applicable state securities laws.

Visteon has satisfied all of the conditions to the Tender Offer and has accepted for purchase Old Notes on a pro rata basis with a pro ration factor of approximately 81.14 percent. Visteon has made the corresponding reductions to the amount of New Notes required to be purchased by each Eligible Holder in accordance with the terms of the offer to purchase. The settlement date for both the Tender Offer and the offering of the New Notes is expected to be Wednesday, June 18, 2008. 

As noted previously, each Eligible Holder who tendered Old Notes in the Tender Offer was required, as a condition to such Eligible Holder’s participation in the Tender Offer, to purchase a principal amount of Visteon’s New Notes equal to 60 percent of the aggregate principal amount of Old Notes purchased from such Eligible Holder pursuant to the Tender Offer. The Tender Offer and offering of New Notes were made only to holders of the Old Notes that are qualified institutional buyers and institutional accredited investors inside the United States, and to certain non-U.S. investors located outside the United States (”Eligible Holders”).

The total consideration for each $1,000 principal amount of Old Notes validly tendered and not validly withdrawn prior to Early Tender Deadline is $978.30 (”Total Consideration”), which includes an early tender payment of $40 per $1,000 principal amount of Old Notes tendered. Only Eligible Holders who validly tendered and did not validly withdraw Old Notes and committed to purchase the applicable amount of New Notes on or prior to Early Tender Deadline are eligible to receive the Total Consideration for such Notes purchased in the Tender Offer. Eligible Holders who validly tendered their Old Notes and committed to purchase the applicable amount of New Notes after the Early Tender Date and on or prior to the Expiration Date will be eligible to receive an amount, paid in cash, equal to the Total Consideration less the $40 Early Tender Payment per $1,000 principal amount of Old Notes tendered.

This press release does not constitute an offer to purchase any securities or a solicitation of an offer to sell any securities. The tender offer and the offering of New Notes were made only pursuant to an offer to purchase, an offering memorandum and related letter of transmittal and only to such persons and in such jurisdictions as was permitted under applicable law

HERNDON, VA — Volkswagen of America, Inc. announced the grand opening of the Capitol Volkswagen Dealership in San Jose, California. Perfectly aligned with the demographics in the San Jose market, Capitol Volkswagen is set to become a key dealer for Volkswagen. To help celebrate the grand opening, Volkswagen Group of America’s President/CEO Stefan Jacoby, COO Mark Barnes, San Jose Mayor Chuck Reed, City Council Members, Members of the Chamber of Commerce and local business luminaries will be in attendance.

“We are extremely proud to celebrate the grand opening of the Capitol Volkswagen Dealership in San Jose,” said Mark Barnes, COO, Volkswagen of America, Inc. “Recognized for providing exceptional customer service in the Bay Area, Del Grande Dealer Group has demonstrated their continued commitment toward customer service over the past 30 years. The Del Grande Dealer Group’s newest acquisition is a premier Volkswagen dealership that is sure to make a significant impact on the San Jose marketplace.”

Making a special appearance at the opening, Stefan Jacoby will arrive in the Volkswagen Tiguan HyMotion concept vehicle. One of only two hydrogen powered Tiguans in the world, event guests will have the rare opportunity to view the HyMotion prototype. Embodying Volkswagen’s commitment toward research, innovation and sustainability, the Tiguan HyMotion is the brand’s first compact sports utility vehicle powered by a zero emissions electric motor generated by a hydrogen fuel cell.

In addition to the Tiguan HyMotion concept, Volkswagen will mark the dealership’s opening with dinner, drinks and live entertainment for all attendees to enjoy. Located at 911 Capitol Expressway Auto Mall, the new Del Grande Dealer Group’s Capitol Volkswagen VIP grand opening will be held June 11. A grand opening for the public will follow from June 12 through June 15, offering an array of great deals on the entire line-up of Volkswagen models. In addition, Capitol Volkswagen will be giving away a $25 gas card with a test drive while supplies last.