Important Reorganization of Valeo to Enhance Profitability and Improve Efficiency

PARIS - Valeo today announced an important change in its organizational structure in order to enhance profitability and improve the Group’s efficiency given the growing globalization of its markets and customers. The new simplified structure, organized around four Business Groups and a strengthening of the role of the country organizations, is designed to accelerate the growth of the Group’s product families in all of its markets and improve efficiency.

LVM Versicherungen to Manage Their Cross-Platform Workflows With CA

LONDON and DARMSTADT, Germany -

- CA to Phase Out BMC Software and Help LVM Establish an Integrated Management System for its Existing and New Technologies

Geely Selects Open2Europe to Develop its International Image

PARIS -

- Geely has Chosen Communication Group Open2Europe to Support Project Expansion and Launch Geely Panda in Algeria

Londoners to Quit Cars for One Month and Embark on Low-Car Diet

LONDON -

Zipcar, the world’s largest car-sharing service, is giving Londoners the opportunity to test drive a low-car and less expensive lifestyle as part of its second annual Low-Car Diet.

The MotorSport Country Club of Colorado Unveils Tilke Final Resort Design

DENVER -

The MotorSport Country Club of Colorado (MSCC) www.MotorSportCC.com has completed the final resort master plan and track engineering for the largest motorsport country club and luxury destination resort in the world. The 2600-acre project is designed by famous racetrack architect Hermann Tilke and includes four racetrack circuits, an off-road course, The Race Club, a luxury Private Residence Club, estate lots and equestrian center.

Frost & Sullivan: Demand for Comfort and Safety Accelerates the Uptake of Electric Parking Brakes in Europe

LONDON -

The heightened emphasis on automotive safety and convenience together with growing concerns over emissions will bolster the adoption of electric parking brakes (EPB) in passenger cars and light commercial vehicles across Europe. The market will surge thanks to the rising demand for advanced braking systems that are poised for commercial launch after 2010 to 2012.

DISA and Wheelabrator Announce a New Name

HERLEV, Denmark and MANCHESTER, England - The German regulatory agency has officially notified DISA/Wheelabrator Group that it has met all requirements for a legal merger. The merged organisation, becomes the world’s leading provider of technology and services to improve metallic parts.

“ASDA Helps the Motorist - Will the Chancellor Help the Haulier?” asks the Road Haulage Association

LONDON - The Road Haulage Association has reacted strongly to the news that supermarket giant ASDA is to slash the cost of a litre of unleaded and diesel to less than GBP1.

Westminster City Council and Zipcar Launch UK’s Greenest Car Club in London

LONDON -

The UK’s most environmentally friendly car club scheme was launched in central London today. It is being jointly run by Westminster City Council and Zipcar, the world’s largest car club operator. The car club will include a fleet of 20 hybrid vehicles, ten times more than all the other car clubs in the UK combined. It also will offer members access to the country’s first all-electric car club vehicle, a Citroen c1.

GST Receives Proposal from WL Ross & Co.

GREENSBORO, North Carolina -

Global Safety Textiles LLC (”GST”) today announced that it had received a proposal from funds managed by WL Ross & Co. LLC (”WLR”) to invest US$55 million in a newly formed entity that would acquire the assets of GST and its subsidiaries. The new GST would have one of the strongest, well capitalized balance sheets in the automotive industry with a limited amount of long-term debt. After the transaction, the new GST will be well positioned to continue to expand its geographic footprint which today spans Europe, the Americas and China.

Nationwide Traffic System Deployed in Australia Using ITIS TrafficScience(TM) Cellular Floating Vehicle Data (CFVD) Technology

LONDON - ITIS Holdings plc (ITIS) is pleased to announce, together with their local licencee Traffic Intelligence and cellular operator SingTel Optus Pty Limited (Optus), the commercial launch of the first nationwide traffic information system in Australia to use Cellular Floating Vehicle Data (CFVD). Covering over 70,000 km of roadway, the system will be branded Optus Traffic View (OTV) and has been available since June 2009.

Hayes Lemmerz International, Inc. Files Proposed Plan of Reorganization and Disclosure Statement

NORTHVILLE, Michigan -

Hayes Lemmerz International, Inc. (”Hayes” or the “Company”) announced today that it has filed a proposed plan of reorganization (the “Plan”) and disclosure statement with the United States Bankruptcy Court for the District of Delaware (the “Court”). If confirmed by the Court, the Plan provides that the Company’s debtor-in-possession (”DIP”) lenders and prepetition secured lenders would own substantially all of the common stock of the reorganized Company and all of its global manufacturing locations, upon its emergence from Chapter 11.

Frost & Sullivan: Commercial Vehicle Telematics Offers Multiple Benefits for Fleet Operators

LONDON -

During times of financial crisis and economic downturn, logistic and transportation companies as well as commercial fleets in other industries suffer from increasing fuel costs and shrinking revenues. A large number of these companies must struggle to survive. In this context, an investment in commercial vehicle telematics truly pays off as it helps fleets boost their productivity while decreasing costs.

Industry Leaders Discuss Middle East’s Premier Custom, Tuning and Motorsports Festival

ABU DHABI, UAE - Key representatives from the custom, tuning and motorsports industry met with organisers United Business Media in the Dubai Westin Mina Seyahi hotel on the 22nd of June to discuss Barbican TURBO and how it can best serve the industry. Barbican TURBO is the Middle East’s custom, tuning and motorsports festival and will run from the 8th - 10th of October at the Abu Dhabi National Exhibition Centre, Abu Dhabi.

Liverpool Tops League Table for Most Profitable Area (Outside London) to let a Parking Space

LONDON - Property owners in Liverpool could rent out their driveway, garage or allocated parking bay for as much as GBP1,476 per year (or GBP123 a month) according to a new 2009 league table of parking space rental. The statistics produced by Park Let, the UK’s largest parking space letting agent, show that Nottingham and Manchester are also particularly profitable areas with parking spaces earning GBP115 and GBP109 per month respectively.

Electric Vehicles in APAC - Fad or Reality?

LONDON -

- Frost & Sullivan to Host Analyst Briefing on the APAC Market for Electric Vehicles on Tuesday, 7 July 2009 at 09:00 BST

SDCmaterials, Inc. Closes Series B Round With Investment From Volvo

TEMPE, Arizona -

Tempe, Arizona-based catalyst and additives producer SDCmaterials, Inc. is pleased to announce an investment by Volvo Technology Transfer (VTT) as part of their previously announced Series B funding round. The participation by VTT tops-off earlier investments from Invus Financial Advisors, Emerald Technology Ventures, BASF Venture Capital, and other private investors to close out the US$14M round.

Japan’s Largest Trust Bank Selects Fortent Monitor Anti-Money Laundering Solution

TOKYO - Fortent, a provider of risk and compliance technology and information, today announced that Mitsubishi UFJ Trust and Banking Corporation (President: Kinya Okauchi), a major wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc. (President & CEO: Nobuo Kuroyanagi), has selected the Fortent Anti-Money Laundering software for the firm’s Japanese domestic operations.

Demanding Consumers Push Logistics Improvements in Tough Russian Car Market

MOSCOW -

- www.automotivelogisticsrussia.com

The market may be reeling from its first major decline in vehicle sales for nine years, made worse by government taxes and anti-corruption measures, but logistics executives are still looking to improve their service to consumers, the Automotive Logistics Russia conference in Moscow heard last week.

Aerospace Industry to Aid European Large Scale Metrology Market, Finds Frost & Sullivan

LONDON -

The European large scale micro metrology market is anticipated to register low growth during the first few quarters of 2009 due to the economic downturn. An upturn in the economic situation by the last quarter of 2009 is set to spur market growth with resurgent demand from the automotive industry. With an operational and capital expenditure freeze in all end-user segments, growth in this market is dependent on demand from the aerospace industry.

U.S. Army Selects Northrop Grumman, Cobham Team to Provide VIS-X Vehicular Intercom Systems

BALTIMORE -

Northrop Grumman Cobham Intercoms LLC (NGCI LLC), a company formed by Northrop Grumman Corporation (NYSE: NOC) and Cobham (LSE: COB), has been selected to provide the VIS-X Vehicular Intercommunication System Expanded for the U.S. Army’s Communications and Electronics Command (CECOM).

Putting the Brakes on the Recession in Europe’s Automotive Industry

DUBLIN -

- Eurofound Publishes Report on Recent Restructuring Trends and Policies in the Automotive Sector

Frost & Sullivan Projects Strong Growth for European Commercial Vehicles Telematics Market Despite Current Economic Slowdown

LONDON -

The impact of the economic downturn on the European heavy and medium commercial vehicles telematics market will be outweighed by strong market-driving factors including fleet process optimisation and cost cutting. Moreover, the replacement cycle in mature markets such as the Benelux as well as nascent demand in emerging markets like Poland, where fleet management system installed base is expected to grow at 16.5% CAGR through 2008 - 2015, will further promote market expansion.

Connect by Hertz Announces Pilot With Xerox

LONDON - Connect by Hertz, Hertz’s global car sharing club, has entered into a 6 month pilot with Xerox, a long term corporate car rental customer of Hertz. For the program, Connect by Hertz will place MINI Cooper Ds in Welwyn Garden City and Uxbridge for the benefit of its 1500 employees. Members of staff will have the opportunity to become members and book cars by the hour at any time of day from the www.connectbyhertz.com website.

Frost & Sullivan Estimates Gray Iron and Spheroidal Graphite Iron Demand in the Indian Auto Industry to Reach 480,277 and 312,090 MT Respectively by 2013 in Automobile Industry

MUMBAI, India - Growing concern over pollution and higher operating costs has forced the closure of foundries in developing countries. It is estimated that nearly 4,000 foundries have closed in Europe and the United States, and demand has shifted to countries such as India, China, and Brazil. New vehicle production is cyclical and hence demand for iron from the automotive industry varies. With the heavy commercial vehicle and tractor segment shifting focus toward higher horsepower engine, the components, such as cylinder block and cylinder head, manufactured from iron will increase. The passenger car and utility vehicles segment is expected by grow at a CAGR of 10.0 percent, which bodes well for the automotive ferrous castings market.

Hertz Ensures its Customers Are NeverLost(R)

LONDON - Hertz Upgrades Signature Satellite Navigation System Through New Partnership With Garmin

Kwik Fit Insurance Recruit Top Award

LONDON - Lanarkshire based insurance intermediary Kwik Fit Insurance has again scooped a leading industry prize, picking up the Best Practice in Recruitment award at The Scottish Recruitment Awards 2009.

Kwik Fit Insurance Treat Loyal Staff to Tasty Day Out

GLASGOW, Scotland - Uddingston-based Kwik Fit Insurance has rewarded employees for 5 years loyal service with a luxurious lunch prepared by Brian Maule, Chef Proprietor of the celebrated Glasgow fine dining restaurant, Chardon d’Or.

ATX Provides Connected Vehicle Services to Sixt Rental Car Customers in Germany

DUSSELDORF, Germany - ATX Group, a leading provider of customized connected vehicle (telematics) services to global automobile manufacturers, announced today that its services are now available to rental car customers in Germany through a program offered by BMW and Sixt rental car agency. Sixt customers who rent a BMW at one of the over 500 Sixt retail outlets throughout Germany will have exclusive and free access to BMW Assist and BMW Online connected vehicle services, provided through the BMW Connected Drive program supported by ATX.

Frost & Sullivan: Rising Demand for Comfort and Safety to Play the Pivotal Role in the Evolution of Automotive Human Machine Interface

LONDON - Frost & Sullivan to Host Analyst Briefing on Automotive Human Machine Interfaces on Tuesday, 30 June 2009 at 16.00 BST

J.D. Power and Associates Reports: Porsche and Mercedes-Benz Continue to Perform Well in U.S. Initial Quality; Several Other European Automakers Make Strong Gains

LONDON - Two Daimler Plants and One BMW Plant Receive Initial Quality Awards

Vehicles by Porsche and Mercedes-Benz make a strong showing in initial quality, while BMW, Land Rover, SAAB and Volkswagen improve substantially from 2008, according to the J.D. Power and Associates 2009 U.S. Initial Quality Study(SM) (IQS) released today.

Konig Wheels Support the Middle East’s Largest Modified Car Competition

ABU DHABI, UAE - Devotees to custom cars are to be handed an exclusive offer from Konig Wheels when they enter their rides into the largest “show car” competition in the Middle East - the Barbican Turbo Top 100. The Top 100 is one of the main features of Barbican Turbo - the Middle East’s custom, tuning and modified car festival organised by United Business Media from the 8th - 10th of October at the Abu Dhabi National Exhibition Centre, Abu Dhabi.

Not so Neighbourly Britain

GLASGOW, Scotland - Leading insurance intermediary Kwik Fit Insurance is calling on British households to spend more time getting to know their neighbours this European Neighbours Day.

Valeo Research Projects for Low-CO2 Vehicles Supported by French Environment Agency ADEME

PARIS - The French environment agency ADEME is supporting Valeo research projects. Two projects for low-CO2 vehicles, which have received 6 million euros in funding from ADEME, were presented yesterday at the French Sustainable Development Ministry:

Hayes Lemmerz International, Inc. Receives Certificate of Achievement for Quality

NORTHVILLE, Michigan - Hayes Lemmerz International, Inc. (”Hayes” or the “Company”) announced today that its subsidiary, Hayes Lemmerz Werke GmbH, which operates the Company’s Konigswinter, Germany facility, has received a certificate of achievement from DAF Trucks N.V. and Leyland Trucks, both divisions of Paccar Inc. The certificate recognizes that Hayes consistently met or exceeded quality performance requirements for the parts supplied by Hayes to DAF and Leyland in 2008.