Sunday, May 22, 2011

New CFO for Penske Analyst Blog Commences Dividend Payout Last domestic car dealership in S.F. closes Reports Satisfactory Quarter 4 Geeked Out Cars Business Rust Fears Prompt Recall of 200 000 Nissans U.S. Nissan recalls 271 SUVs on steering risk 196 corrosion Small Drive Sales Americans Buying Smaller On the road Infiniti M37 S Could Face Shortage Nissan's Rose 31.6 percent February new F1 deal

Penske Automotive has appointed David K. Jones as the Executive Vice President and Chief Financial Officer. Penske has announced to pay a quarterly cash dividend of 7 cents per share on June 03, 2011 to its shareholders of record as of May 20, 2011. Add this to the list of San Francisco's distinguishing features: It does not have a single U.S. new car dealership within its 47.6 square miles. The last one bit the dust 10 days ago, when San Francisco Ford Lincoln... Penske reported a 50% increase in earnings during the first quarter of 2011, from 26 cents per share to 39 cents per share, thus beating the Zacks Consensus Estimate of 31 cents per share. **For small business owners**, choosing which vehicles you will drive or which cars to add to your commercial fleet can be tricky. On the one hand, you want cars that are comfortable and can accomadate the long hours your sales staff may spend in them, for example. On the other hand, you may wish to have a car that has the latest technology and will allow you and your staff to stay plugged in. On top of these considerations, you may also choose a car based on MPG, a reasonable pricetag, or luxury features such as rear heat control and adaptive cruise control (a safety features that slows the car automatically to adjust for the car ahead). So which cars would we suggest? To find out, we tested sesveral new business-friendly models and found that these four offer some unique features. **2011 Volvo S60** Some might say the Volvo S60 is a niche vehicle--after all, the bean counter in every small business owner might balk at the higher price tag (base models start at about $30,975). Yet, the S60 is an impressive sedan that does double- duty: in our tests, the 250-horsepower engine provided a ... Nissan is being forced to recall nearly 200,000 Pathfinder and Infiniti QX4 vehicles in the US, due to fears of corrosion in the cars' steering columns that could lead to the loss of steering control.... DETROIT (Reuters) - Nissan Motor Co Ltd recalled nearly 271,000 older-model Pathfinder and Infiniti QX4 SUVs in North America due to the chance that road salt and water could collect to cause a loss of steering, U.S. safety regulators said. DETROIT (Reuters) - Nissan Motor Co Ltd recalled nearly 196,000 older-model Pathfinder and Infiniti QX4 SUVs due to the chance that road salt and water could collect to cause a loss of steering, U.S. safety regulators said. Rising employment rate infused confidence in the buyers, especially young ones, to rush into first-time car purchases. Rising employment rate infused confidence in the buyers, especially young ones, to rush into first-time car purchases. Sam Wollaston puts his foot down and unleashes his inner Clarkson We have Forest Air in this one. Meaning the speed of the airconditioning fans fluctuates, creating a light wind in the car similar to a natural breeze passing through trees. The aroma changes, too, alternating approximately every hour between Leaf and Fragrant Wood. These scents, created from the ingredients of green plants, are said to calm the emotions and may help to reduce fatigue. Aromatherapy on wheels. Actually, to be honest, I'm not sure I can feel the breeze or smell the Fragrant Wood. Maybe it is working, though, because I am feeling quite serene, but also alert; I'm a tiger, ready to pounce… Put your foot down, and this car does pounce. The smooth 3.7-litre V6 engine produces 316bhp and gets you to 60 in just over six seconds. It's a big old car, but it doesn't feel big on a snaky A road; it's steady, balanced, grippy and relishes the bends. God, I do apologise about all that, but this one does bring out the inner Clarkson in a fella. Infiniti is to Nissan what Lexus is to Toyota – the luxury ... Nissan has suspended production at six facilities in Japan and said shipment of some Infiniti models and Nissan GTR and 370Z vehicles to the United States may be delayed because of the massive earthquake and tsunami, which have turned much of the island nation's coast into rubble.... Nissan's February U.S. sales rose 31.6 percent from the same month last year, with a total of 92,370 Nissan and Infiniti vehicles delivered during the month, the Franklin-based Nissan North America said today.... Formula One's unique global reach has snagged another major sponsorship deal. CNN's Alex Thomas reports.
Key Words: infiniti

References:
http://www.zacks.com/stock/news/53651/New+CFO+for+Penske
http://www.zacks.com/stock/news/53216/Penske+Commences+Dividend+Payout+
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/05/09/BUA31JDR5T.DTL&feed=rss.business
http://www.zacks.com/stock/news/52351/Penske+Reports+Satisfactory+Quarter
http://feedproxy.google.com/~r/inc/headlines/~3/OsaVeJGoP78/4-geeked-out-cars-for-business.html
http://www.hispanicbusiness.com/news/newsbyid.asp?id=243416
http://feedproxy.google.com/~r/reuters/businessNews/~3/MWMDJ8Ou4OU/us-nissan-recall-idUSTRE73O2RR20110425
http://feedproxy.google.com/~r/reuters/businessNews/~3/2FdAqVr7Xlg/us-nissan-recall-idUSTRE73O2RR20110425
http://www.zacks.com/blog/post_detail.html?t=50612
http://www.zacks.com/blog/post_detail.html?t=50593
http://www.guardian.co.uk/technology/2011/mar/26/infiniti-m37-s-review
http://www.hispanicbusiness.com/news/newsbyid.asp?id=237166
http://www.hispanicbusiness.com/news/newsbyid.asp?id=235341
http://rss.cnn.com/~r/rss/cnn_freevideo/~3/qqKOuraIMvg/
http://pixelhat.net/