Kelley Blue Book, www.kbb.com, the leading provider of new and used vehicle information, today announced its inaugural Total Cost of Ownership Award winners. The all-new 2012 awards honor current model-year vehicles and brands (in both the luxury and non-luxury categories) with the lowest projected ownership costs, based on Kelley Blue Book Total Cost of Ownership data for the initial five-year ownership period.
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Despite sluggish recovery by the nation’s economy, the restaurant industry is projected to expand in 2012, according to the National Restaurant Association’s 2012 Restaurant Industry Forecast released today. Total restaurant industry sales are expected to reach a record high of $632 billion in 2012 – a 3.5 percent increase over 2011, marking the second consecutive year that industry sales have topped $600 billion.
In addition, the restaurant industry will continue to fuel U.S. employment in the year ahead as the nation’s second largest private sector employer. Overall restaurant industry employment will reach 12.9 million in 2012, representing 10 percent of the total U.S. workforce.
To view Multimedia News Release, go to http://www.multivu.com/mnr/52982-national-restaurant-association-2012-restaurant-industry-forecast
Honda unveiled the 2013 Crosstour Concept today at the New York International Auto Show (NYIAS), providing the first official glimpse of a more capable looking exterior styling direction for the luxurious mid-size CUV. Set to go on sale this fall, the Crosstour’s defined lines will resonate more clearly with the active consumers that form the largest portion of the premium crossover segment. The 2013 Crosstour V-6 will feature improved fuel economy thanks to its new 6-speed automatic transmission, while both four-cylinder and V-6 versions will benefit from a host of safety and visibility upgrades.
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Designed to delight shoppers and defy convention, two all-new 2013 Hyundai Santa Fe models make their world debut today at the 2012 New York International Auto Show. The third-generation Santa Fe crossover family introduces the two-row, five-passenger Santa Fe Sport and the long wheelbase (LWB) three-row, seven-passenger model called Santa Fe. The all-new Santa Fe family showcases the brand’s cutting-edge capabilities through “Fluidic Sculpture” design, impressive fuel economy and a host of features to delight drivers and passengers with high expectations for functionality and comfort. The all-new 2013 Santa Fe Sport will go on-sale late this summer, with the larger Santa Fe introduced to dealers in January 2013.
To view Multimedia News Release, go to http://www.multivu.com/mnr/55437-hyundai-santa-fe-2013-models-debut-new-york-international-auto-show-nyias
The all-new 2014 Jeep Cherokee Jeep® raises the bar with legendary benchmark capability, world-class on-road dynamics, fuel economy up to 31 mpg, revolutionary Jeep design with world-class craftsmanship inside and out, and an array of advanced safety and technology features.
To view Multimedia News Release, go to http://www.multivu.com/mnr/60822-all-new-2014-jeep-cherokee-no-compromise-mid-size-suv
Mitsubishi Motors North America, Inc. (MMNA) showcases a pair of dynamic new product offerings at the 2012 Los Angeles Auto Show: the all-new 2014 Mitsubishi Outlander crossover and the sharp-looking Outlander Sport Limited Edition compact crossover that commemorates the 30th anniversary of Mitsubishi Motors entering the North American marketplace.
Advanced Technology, Upscale Trim Highlight All-New 2014 Mitsubishi Outlander
With its sleek new interior/exterior design direction, high-quality cabin materials, and reduced fuel consumption, the all-new 2014 Outlander is an affordably-priced crossover that is an ideal vehicle for the cost-conscience automotive consumer.
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Two decades after the original Nissan Altima revolutionized the traditional mid-size sedan segment in North America, Nissan's best-selling vehicle is about to shake up the category all over again. Making its world debut at the New York International Auto Show, the 2013 Nissan Altima is once again poised to become the new benchmark in the hotly contested segment when it goes on sale at Nissan retailers nationwide this summer.
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Named the Range Rover Evoque, this all-new coupé will join the Range Rover and Range Rover Sport in North American dealerships in fall, 2011. It will be the smallest, lightest and most fuel efficient Range Rover ever produced. The compact 4WD Range Rover Evoque is engineered to meet North American customer and regulatory demands for increased fuel efficiency in highly capable luxury SUVs.
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Daimler AG, Ford Motor Company and Nissan Motor Co., Ltd., have signed a unique three-way agreement to accelerate the commercialization of fuel cell electric vehicle (FCEV) technology.
The goal of the collaboration is to jointly develop a common fuel cell electric vehicle system while reducing investment costs associated with the engineering of the technology. Each company will invest equally towards the project. The strategy to maximize design commonality, leverage volume and derive efficiencies through economies of scale will help to launch the world’s first affordable, mass-market FCEVs as early as 2017.
To view Multimedia News Release, go to http://www.multivu.com/mnr/58680-renault-nissan-daimler-ford-partnership
The American Le Mans Series reports it reduced its petroleum usage by nearly 50 percent in its most recent race.
Series president Scott Atherton delivered the message today to journalists and government officials in Washington at the National Press Club. “Ten days ago at Road America, renewable fuel use by our race cars reduced petroleum consumption by 48 percent compared to traditional all-petroleum racing fuel,” Atherton said. “According to the Department of Energy, if such a result was translated to the U.S. vehicle fleet, the nation could decrease imported oil dependency by half, saving $175 billion every year inside our economy.”
To view Multimedia News Release, go to http://www.multivu.com/mnr/51926-american-le-mans-series-tequila-patron-reducing-petroleum-usage