-Reported a pre-tax operating loss of $424 million, excluding special items, for the second quarter of 2009+ and net income of $2.3 billion, or $0.69 per share. Special items totaled a net gain of $2.8 billion, including a $3.4 billion gain related to debt-reduction actions

-Reduced Automotive structural costs by $1.8 billion, including $1.2 billion in North America+

-Strong new products drove market share gains in all regions – North America, South America, Europe and Asia Pacific Africa – while achieving further improvements in transaction prices and margins

-Ford’s customer satisfaction with vehicle quality reached its highest level in North America and now equals Toyota; Ford, Lincoln and Mercury brand vehicles had the fewest “things gone wrong” among all automakers; Ford leads the U.S. industry in Insurance Institute for Highway Safety “Top Safety Pick” awards

-Ended the second quarter with Automotive gross cash of $21 billion; operating-related cash outflow was $1 billion, an improvement of $2.7 billion from the first quarter of 2009+++

-Raised $1.6 billion by issuing 345 million new shares of common stock; completed actions to reduce Automotive debt by $10.1 billion

-Ford Credit reported a pre-tax profit of $646 million, compared with a pre-tax loss of $294 million a year ago+

-Ford remains on track, based on current planning assumptions, to achieve its key 2011 financial target

[DOWNLOAD FULL REPORT]

What good is a 4×4 SUV if you can’t have fun with it? That’s why Mitsubishi Motors Philippines recently added in its Montero Sport line up, the GLS 4×4 with 5-speed manual transmission.

This Montero Sport GLS 4×4 with quick shift 5-speed manual transmission is powered by 2.5 liter DOHC 16-Valve Direct Injection Diesel with common rail and with quick-spool turbocharger and front-mounted intercooler which delivers a maximum output of 136PS @ 3,500 rpm and 314 N-m of torque @ 2,000 rpm and can easily cruise more than 170 kph.

The 4×4 system found in this Montero Sport is the same Super Select II 4WD system which is the same type found on the Pajero models. Mitsubishi’s proprietary four wheel drive system, which led to many Paris Dakar victories for Mitsubishi Motors, has synchronized free-wheel front differential which lets the driver switch from 2WD to high-range 4WD even at speeds up to 100 km/h – and back at any speed with just a movement of the lever. The high-range 2WD mode is ideal for economical and quiet driving while the high range 4WD is more suited for drivers who need the extra confidence in driving through rain and other slippery surfaces. When maximum traction is needed such as climbing steep slopes with loose surfaces, it is ideal to use the low-range 4WD.

Like, the currently introduced Montero Sport 3.2 GLS SE 4×4 Automatic and the 2.5 GLS 4×2, the Montero Sport 2.5 GLS 4×4 Manual Transmission measures 4,695 mm in length, 1,815 mm in width, 1,840 mm tall, and the wheelbase at 2,800 mm. The vast interior space provides a sense of comfort, purpose and safety. It also has a 3-row, 7-passenger, seating configuration which is flexible to accommodate even the most complex cargo scenario.

In detail, the Montero Sport’s exterior is perfect for people looking for an SUV with a muscular stance through a manual drive and at the same time having a contemporary styling befitting an urbanized off-roader. Fender flares on the wheels arches plus bulging curves on the rear quarter panel widens its stance. Its halogen projector headlamps provide superior visibility and additional illumination is contributed by the front foglamps mounted on the bumper. The large doors, in combination with the tubular design step boards, are designed in a way to make getting in and out of the Montero Sport effortless. It also has standard load bearing roof rails which adds to that SUV appeal. At the rear, a tailgate with large glass area and Euro-inspired tail lamps adds to the unique Mitsubishi look.

For the interior, the Montero Sport 2.5 GLS 4×4 M/T gets a black and light grey dashboard. The inner door trims with bottle holders also get the same accents while the seats are covered with grey water-repellant fabric. Behind the thick-rimmed three-spoke steering wheel is the instrument cluster with easy to read gauges that illuminates to an amber hue during night time driving. Instrument panel is in two-tone with Titanium accent. While at the center of the dashboard, a multi-information LCD meter provides detailed information that the shows fuel economy, range, compass, barometer, outside temperature, altitude, date and time. A manually controlled dual air conditioning system provides driving convenience. Audio entertainment is provided by the Mitsubishi Motors Audio Design single in-dash CD/MP3/WMA player by JVC with 4-speakers. This audio system can accommodate hands free mobile phone operation thanks to its Bluetooth pairing function. MP3 devices can also be connected via the audio systems USB, auxiliary input ports or also by Bluetooth pairing.

The Montero Sport 2.5 GLS 4×4 M/T gives superior riding comfort which is made possible by its front double wishbones with coil springs, and a rear 3-link coil suspension with a long trailing arm design. Both ends of the Montero Sport are fitted with stabilizer bars to reduce body roll during cornering. A power assisted rack and pinion steering system provides good road feel, better response, and a class leading turning radius of only 5.6 meters. Braking power is complemented by front 16” ventilated disc brakes and Anti-lock Braking System (ABS) that works in tandem with the Electronic Brakeforce Distribution (EBD). 265/65 R17 tires mounted on stylish multi-spoke 17-inch aluminum wheels ensures excellent grip on and off the road.

The Montero Sport 2.5 GLS 4×4 M/T is available in six colors: Gemstone Grey Mica, Cool Silver, Sedona Red, Savanna White, Pyrenese Black, and Garnet Green, and Mitsubishi Motors Philippines will back it up with a 3-year or 100,000 kilometer warranty.

Montero Sport 2.5 GLS 4×4 M/T is now available at all Mitsubishi dealers nationwide with the suggested retail price of Php 1,470,000.

Note: MMPC reserves the right to change specifications and prices without prior notice. Please get in touch with us for clarifications.

FIRST PLACE
# 2909 Celina Salvador
Hit the brake, a runner’s life is at stake!

SECOND PLACE
#0666 Marina Tandang
Listo ka, Buhay ay iisa

THIRD PLACE
#1332 Gabriel Salvador
When you run, wave to stop. When you drive, stop to wave!

OTHER WINNERS:

#0002 Drexie de Leon
Dito sa Pilipinas, sa mga lansangan ating simulan ang kaayusan.
Sundin natin ang mga batas pantrapiko upang maisulong sa
makabagong panahon ang kaunlaran ng ating bayan.

#1250 Dakila Vine Villan
The bottom line is presence of mind!

#1149 Patrick Ty
Easy on the gas, you will get there.

# 0019 Jay Em
Stay in your lane!

Honda Cars Philippines, Inc. (HCPI) recently held the official lighting of its solar-powered perimeter lighting facility in its manufacturing plant in Sta. Rosa, Laguna. Forty units of solar panels are installed to power twenty perimeter lamps around the factory.

Solar-powered alternatives not only cut down electricity costs but help reduce carbon footprint as well. It is estimated that with the forty units of solar panels, Honda will be able to enjoy an annual savings of over Php 400,000 on electricity charges and be able to reduce almost 58,000 kilowatt hour per year.

As global modernization progresses, atmospheric levels of carbon dioxide steadily increase due to burning of fossil fuels. The threat of global warming has triggered the use of alternative sources of renewable energy that can be harnessed to produce electricity. One of which is the solar energy. For a tropical country like the Philippines, solar energy offers enormous potential.

Leading the ceremonial rites are Hiroshi Shimizu, President and General Manager of HCPI, Alfredo Magpayo, Senior Consultant of HCPI, Norihito Yamashita, Executive Vice President and Manufacturing Division Head, HCPI and Mario Marasigan, Energy Utilization Management Bureau Director of the Department of Energy.

Honda’s environment conservation efforts are not only evident on its products but also in its manufacturing operations. Honda’s manufacturing plant features state-of-the-art treatment facilities to ensure safe disposal of waste materials. Its wastewater treatment facility provides thorough recycling and decontamination of used water. As for solid wastes, Honda uses Universal Carbonizer facility to process solid waste into carbon without emitting carbon dioxide.

5k

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5k Sponsors
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10k

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With the increasing number of runners out on roads doing practice runs, training runs or LSDs (long slow distances), the probability of vehicular accidents also increases. We need to keep our roads safe for all users, motorists, cyclists, runners and pedestrians. We need to make a statement and make ourselves heard.

[DOWNLOAD MECHANICS]

HOW TO JOIN

• Get a limited edition RUN4CHANGE race bib at selected Auto Review Run registration centers.
• Write a statement of not more than 20 words in the space allotted.
• Email us at statement@autoreview.ph with your name, age, contact details and the statement that you wrote on your bib OR register your statement with the organizers on race day.
• Wear the statement bib at the back of your singlet when you run during the 3rd Auto Review Run for Road Safety and Courtesy on May 24, 2009 at McKinley Hill.

MECHANICS

• All email entries will be accepted until Saturday, May 23, 6pm and on-site entries will be accepted only until 5am at the organizer’s booth.
• The statements will be reviewed by representatives from Visions in Action Enterprises, Inc. and the top 20 will be chosen prior to the start of the race.
• Representatives from the event sponsors will then choose their top 10 statements.
• The top 10 statements will be judged according to
o 30% originality
o 30% creativity
o 40% impact

PRIZES
• The top 10 statements will receive a travel bag from Isuzu and other prizes worth P2,000.
• The statements will be aired on AutoReview on Saturdays from 1:30-2:00pm on the National Broadcasting Network NBN 4 (also on Sky Ch 6 and Destiny Ch 8).

BENEFICIARY

The proceeds of each RUN4CHANGE statement bib (P100@) will go to the promotion of sports education and development.

One of the projects of RUN4CHANGE is the rehabilitation of the Track & Field Oval located at the University of the Philippines, the country’s premier state university located in Quezon City as part of the College of Human Kinetics Sports Complex.

Account Name:  Reynaldo and Aurora de los Reyes
Account Number: BPI 000319-0314-72

Wait for the confirmation email for your registration. You may then claim your race kits on the race day.

Goodyear Philippines has signed up as the main presentor of the 3rd Auto Review Run for Road Safety and Courtesy to be held on May 24 at McKinley Hill at Bonifacio Global City Taguig.

“The event’s objective of promoting safety, discipline and courtesy on the road jibes well with Goodyear’s own road safety advocacy and commitment to relevant safety innovations through a portfolio of tires for the discerning Filipino consumer,” says Ramon Barredo, Goodyear Philippines’ marketing director.

Also lending their support to the race and the road safety exhibit are Ford Group Philippines, Mazda, Isuzu Philippines, Volvo, Toyota Motor Philippines Corporation, Universal Motors Corporation, Hyundai Asia Resources, Inc., Mitsubishi Motors, Honda Cars Philippines, Inc., Asahi Flat Glass, Megaworld Corporation, McKinley Hill, McDonald’s, San Miguel Beverages, and activity partners Honda Safety Driving Center (HSDC), Recreational Outdoor Exchange (ROX), Tuason Racing School, Run for Change and Takbo.ph, with Elite Multi Sports Resources for the race management.

At the Road Safety Exhibit, Goodyear will showcase its various road safety programs to include Bayani ng Kalsada, a highway heroes search, and Women with Drive, an empowerment workshop series for women. Goodyear will also conduct part of its 10 Point Safety Check program for participants’ vehicles . For their part, Ford will share their “Driving Skills for Life” program while HSDC will conduct basic safety motorcycle riding clinic.

Registration for the 10Km, 5Km Run and 2Km Walk is going on at ROX at B:1 Bonifacio High Street, Paul Calvin’s Deli at G/F Forbeswood Heights, Rizal Drive and McKinley Information Center at McKinley Hill cor Lawton Avenue all at Global City Taguig; Restaurant of Choice (ROC) at UP Bahay ng Alumni at UP Diliman, Quezon City, All Terra 650 at Libis along C-5 Road and Botak in Kamuning Quezon City.

Entry forms may be downloaded by logging on to www.autoreview.ph and/or www.takbo.ph . For further inquiries, call 742-0283 or 742-3091 (fax) & 0908-8643114 or email autoreview10krun@gmail.com.