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Hot Rod Power Tour Coming to Chattanooga
The ingredients for the ultimate performance-car fan experience are combined to perfection every first week of June as the legendary Hot Rod Power Tour makes its seven-cities-in-seven-days journey. For 2013, Chevrolet Performance Presents the Hot Rod Magazine Power Tour Driven by Continental Tire is set to kickoff June 1st in Arlington, Texas and make a stop in 5 other car-crazy towns before it comes to a close in N. Concord (Charlotte), North Carolina on Friday, June 7th. Chattanooga State Community College will host the Coker Tire Cruise Night of the Hot Rod Power Tour, Thursday, June 6th from Noon – 7pm.
The tour brings to life the pages of Hot Rod Magazine, and embodies all that the magazine has stood for in its 65-year history. Over 5,400 enthusiasts will participate in the trip driving their beloved hot rods, street rods, custom trucks, muscle cars, and street machines of every make, model and vintage. Over the 7 tour stops, over 85,000 spectators will be admitted free to take in the daily show of thousands of “to die for” machines and the traveling exhibits of over 50 top aftermarket manufacturers. Along the carefully-chosen tour route in towns big and small, thousands more will stake out roadside viewing spots for this ultimate performance parade.
When the Hot Rod Power Tour descends upon each of the seven host cities, they will leave a massive economic impact on the local economy. Hotels, restaurants, nightclubs, bars and more will play host to the tour participants who are relaxed and enjoying the hot-rodding lifestyle. Participants come from around the world to take part in the Hot Rod Power Tour. They plan for months or even years for the trip, and they come prepared to spend money at each stop.
“We’re very excited to be hosting a return visit of the Hot Rod Magazine Power Tour,” said Bob Doak, President & CEO of the Chattanooga Convention & Visitors Bureau. “Chattanooga hosted the Power Tour in 2010 and watched as thousands of hot rodders from all over the country and the world descended on the city for the one-day event. We’re anticipating the 2013 Power Tour to bring more than 6,000 participants who will leave an estimated economic impact of more than $1 million. This impact will be felt throughout the community and will benefit our hotels, attractions, restaurants and other businesses. We’re looking forward to seeing the 3,500 hot rods this June.”
Locally owned & operated, Coker Tire Company is the Cruise Night sponsor for the festivities in Chattanooga on Thursday, June 6th. Coker Tire is the world's largest distributor of antique and classic tires for automobiles, trucks and motorcycles and is located in historic downtown Chattanooga.
“I am delighted that Hot Rod Magazine has chosen to visit the Tennessee Valley once again”, said Corky Coker, owner of Coker Tire Company. He continued to say, “I know that it is rare for the Power Tour to re-visit the same cities it has been through before, but I know that the city of Chattanooga will roll out the red carpet once again for this power house event and this incredible group of people who follow this annual cross-country tour. The Power Tour is my kind of event. It’s about getting out and driving your car-a celebration of the open road. We’re excited to be a part of the Hot Rod Magazine Power Tour once again and hope all of those registered Power Tour participants will come by the Coker Tire headquarters in historic downtown Chattanooga for a Tour of our facilities in June.”
The Hot Rod Power Tour begins in Arlington, TX at the University of Texas at Arlington on Saturday, June 1. The kickoff sponsor is Ft. Worth-based Painless Performance Products. On Sunday, June 2, the tour moves to the Four States Fairgrounds in Texarkana, AR for a stop sponsored by Edelbrock Performance. The next stop takes the tour the Arkansas Fairgrounds in Little Rock on Monday, June 3. From there, the route goes to Memphis, TN for a stop at the Memphis International Raceway on Tuesday, June 4 sponsored by locally owned & operated industry leader, Comp Cams. On Wednesday, June 5, the Hoover Metropolitan Stadium will host a stop sponsored by Holley Performance Products in Hoover, AL near Birmingham. Chattanooga State Community College in Chattanooga, TN will host the Thursday, June 6 stop sponsored by Chattanooga-based Coker Tire. The Grand Finale for the 2013 Hot Rod Power Tour will be at the zMAX Dragway at Charlotte Motor Speedway in Concord (Charlotte), NC.
“The Power Tour is truly the ultimate hot rodding adventure,” said Jeff Dahlin, Publisher of Hot Rod Magazine. “The event began 19 years ago as a road trip from Southern California to Detroit for a few of the editors and some of their friends who had built magazine project vehicles. 19 years later, it’s amassed over 5,400 vehicles, over 85,000 spectators, 50 of the nation’s premier automotive aftermarket manufacturers and becomes the center of a worldwide buzz in the automotive aftermarket industry every June. We can’t wait to bring the Power Tour, Hot Rod Magazine’s flagship event, back to Chattanooga this June.”
The Hot Rod Power Tour is free to spectators however there is a cost to register a vehicle for just one day or the entire event. Vehicle registration is open to any year, make or model of vehicle. Pre-register for $80 plus $3.50 handling fee or register on-site for $90. Pre-registration runs through Thursday, May 23, 2013 at www.HotRod.com or by calling (877) 413-6515. You can also join the Tour one day only for just $30. One-day registration is available on site only.
For more information, follow the Hot Rod Power Tour at www.hotrod.com, or by calling (877) 413-6515.
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Last Update on September 22, 2014 17:29 GMT
NEW YORK (AP) -- Hundreds of activists protesting what they say is Wall Street's role in the climate crisis have gathered in lower Manhattan's financial district.
Scores of environmental activists dressed in blue are marching, carrying signs, chanting and sitting down on Broadway and elsewhere as workers and tourists look on.
Organizers say the protest is meant to highlight the role corporations play in stalling political action to combat global warming. It comes a day after more than 100,000 participated in the People's Climate March through Manhattan.
Participants in Monday's sit-down say they anticipate being arrested to push home their political point.
Urban farmer Ben Shapiro from Youngstown, Ohio, says he came to disrupt Wall Street and actively "confront the system."
WASHINGTON (AP) -- Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce.
The National Association of Realtors says sales of existing homes fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million. That snaps a four-month streak of gains. August sales are down from a July rate of 5.14 million, a figure that was revised slightly downward.
Much of the slowdown came from the exodus of investors, who had been buying properties in the aftermath of the housing bust and recession. Investors accounted for just 12 percent of August purchases, compared to 17 percent a year earlier.
Overall, the pace of home sales has dropped 5.3 percent year-over-year.
Rising prices through much of 2013 and weak income growth priced out many would-be buyers.
FRANKFURT, Germany (AP) -- The head of the European Central Bank is warning that the eurozone's already tepid economic recovery "is losing momentum."
Mario Draghi is telling members of the European parliament that recent economic indicators have given "no indication" of an upturn since August. The 18 countries that use the euro saw no economic growth at all in the second quarter.
Draghi says growth is being threatened by geopolitical disturbances and the failure of member governments to reform their economies and make them more efficient.
The ECB chief also defended the bank's new stimulus program, an offer of cheap, long-term loans to banks. Banks took only 82.6 billion euros at the first offering last week, less than many market analysts expected. Draghi says the takeup was within the bank's expectations.
NEW YORK (AP) -- Apple says it sold more than 10 million iPhone 6 and 6 Plus models, a record for a new model, in the three days after the phones went on sale.
A year ago, Apple Inc. said it had sold 9 million of the then-new iPhone 5C and 5S models.
The iPhone is available in the U.S., Australia, Canada, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore and the U.K. It will go on sale in 20 more countries on Sept. 26 and others by the end of the year.
CEO Tim Cook said Monday that demand for the phones has exceeded the company's expectations. Besides larger screens, the new phones offer faster performance and a wireless chip for making credit card payments. The phones start at $199 with a two-year service contact.
WASHINGTON (AP) -- Charles Plosser, a leading inflation "hawk" at the Federal Reserve, says he will retire in March.
Plosser, who has been president of the Fed's Philadelphia regional bank since August 2006, has been among the leaders of the officials known as hawks for their concerns that a continuation of low-interest rate policies could ignite inflation.
He has dissented at the past two Fed meetings, when the central bank voted to maintain its plan to keep a key short-term rate at a record low for a "considerable time."
Plosser, 66, would have given up his vote on the Fed's policymaking committee next year as part of the normal rotation of votes among the regional bank presidents. And the rules governing the Fed's 12 regional banks would have required his retirement in 2016.
GENERAL MOTORS-IGNITION SWITCH DEATHS
DETROIT (AP) -- The death toll from crashes involving General Motors small cars with faulty ignition switches has risen to at least 21.
Compensation expert Kenneth Feinberg says in an Internet posting he received 143 death claims as of Friday. He has determined that 21 are eligible for compensation so far. Last week 19 death claims were deemed eligible for payments.
Feinberg also has received 532 injury claims. Of those, 16 are eligible for compensation thus far. The rest are still being reviewed.
GM has admitted knowing about the ignition switch problem in small cars like the Chevrolet Cobalt for more than a decade. Yet it didn't begin recalling the cars until February.
The switches can unexpectedly shut off the engine and cause crashes.
GM hired Feinberg to compensate crash victims.
PARIS (AP) -- Air France pilots are rejecting the company's offer to delay the expansion of its low-cost carrier, Transavia, after a seven-day strike that the airline says is costing it up to 20 million euros ($25 million) a day.
Pilots unions went on strike last week after Air France-KLM announced plans to save 1 billion euros ($1.3 billion) over several years in part by transferring European operations to Transavia. The company, which is cutting costs to try to stay competitive with budget airlines, says talks are deadlocked. About half the airlines' flights have been cancelled since the strike began.
The main pilots' union, SNPL, says Monday's offer to delay the expansion until December is a smokescreen, accusing the airline of trying to outsource jobs to countries with lower taxes and cheaper labor.
OAKLAND, Calif. (AP) -- Clorox is shutting down its operations in Venezuela, citing restrictions by the government, supply disruptions and economic uncertainty.
Shares jumped 3 percent before the opening bell Monday.
The U.S. consumer products company said that for almost three years it has had to sell more than two-thirds of its products at prices frozen by the Venezuelan government. Over that same time span, there has been a sharp rise in inflation that resulted in significantly higher costs for Clorox. The company says it's selling products at a loss in the country.
The Clorox Co. met repeatedly met with government authorities and said it had expected significant price hikes. However, the increases that were approved were "nowhere near sufficient" and it said the company would be forced to continue operating at a loss.
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