DEARBORN, Mich., Aug. 8 /PRNewswire-FirstCall/ — Ford Motor Company , Automotive Components Holdings, LLC and Johnson Controls, Inc. today announced termination of their Memorandum of Understanding for sale of the ACH interiors business and ACH’s Saline, Mich. plant to Johnson Controls.
The MOU, which outlined the terms of the proposed acquisition, was signed in November 2007. The companies have been in talks since that time.
The decision to terminate the MOU was reached by mutual consent.
Business conditions have deteriorated dramatically over the past several months. Higher gasoline prices, weakness in the housing industry and a slumping market for trucks and SUVs made negotiations increasingly difficult. These factors, coupled with circumstances unique to this deal, all contributed to the end of negotiations toward a final agreement.
“We’re disappointed, but due to a variety of factors, the timing was not right to complete this particular deal,” said Bill Connelly, CEO, Automotive Components Holdings. “Johnson Controls is, and will remain, a valued partner of Ford and ACH.”
ACH is considering all options and no decisions have been made about the future of the Saline Plant, except that ongoing operations will continue beyond 2008. ACH will continue to restructure its interiors business to make the Saline Plant more competitive and attractive to potential buyers.
The ACH Saline Plant covers 1.6 million square feet on 189 acres. The plant won international supplier acclaim for two injection molding processes and other plastics innovations in 2005. Its product portfolio includes instrument panels, cockpits, door trim, and consoles for a variety of Ford vehicles.
Automotive Components Holdings was established by Ford Motor Company in October 2005 to ensure the flow of quality components and systems to Ford while ACH facilities, formerly owned by Visteon, were prepared for sale or other disposition. ACH has completed the sale of five plants and one business unit from a sixth.
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 229,000 employees and about 90 plants worldwide, the company’s core and affiliated automotive brands include Ford, Lincoln, Mercury, Volvo and Mazda. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford’s products, please visit our website at .
Ford Motor Company

BALA CYNWYD, Pa., June 2 /PRNewswire-FirstCall/ — Philadelphia Consolidated Holding Corp. proudly introduces its newest product niches for Home Health Care and Hospice services. Providing one of the Broadest Coverage Property forms in the market, PHLY’s Home Health Care and Hospice products offer comprehensive coverage for General Liability, Professional Liability, Property, Automobile, Sexual Abuse and Molestation, Crime, and Umbrella.
Eligible classes include both Non-Profit and For-Profit Home Health Care and Hospice services. Our Home Health Care and Hospice products include coverages for personal care, counseling, general rehabilitation, speech, physical, infusion and respiratory therapies. The desirable Hospice models include freestanding, home-based, community-based, and home health agency based hospices.
In operation since 1962, PHLY designs, markets, and underwrites commercial property/casualty and professional liability insurance products incorporating value added coverages and services for select industries. The Company, whose commercial lines insurance subsidiaries are rated A (Superior) by A.M. Best Company and A1 for insurance financial strength by Moody’s Investors Services, is nationally recognized as a member of Ward’s Top 50, Forbes’ Platinum 400 list of America’s Best Big Companies and Forbes’ 100 Best Mid-Cap Stocks in America. The organization has 47 offices strategically located across the United States to provide superior service.
To locate your nearest office or for more information, visit us on the web at or contact Paula Negro at 800-873-4552 ext. 3227.
Philadelphia Consolidated Holding Corp.

HONG KONG, May 19 /PRNewswire-FirstCall/ — China Premium Lifestyle Enterprise, Inc. (BULLETIN BOARD: CPLY) today announced that Italian Motors (Sales & Service) (IMSS), a division of Auto Italia Limited, a wholly owned subsidiary of its 49%-owned entity Technorient Ltd., launched Ferrari’s revised flagship model, the 612 Scaglietti ‘One-To-One’, in its Causeway Bay, Hong Kong, showroom on Friday 16 May. More than 200 customers and members of the media attended the event, together with Hong Kong’s Consul General of Italy as well as the Italian Trade Commissioner.
The car on display was the model being used to inaugurate Ferrari’s new ‘One-To-One’ personalization program, the 612 Scaglietti. This program allows the client to fully personalize his or her car, courtesy of a wide array of new content and options. Owners can choose details, materials, flourishes, finishes and accessories that suit their own tastes.
“The way owners can now commission their new Ferrari accessory-by-accessory, detail-by-detail, in exactly the same way they would at an Haute Couture Fashion House, perfectly suits the wants and needs of our most discerning clients,” said Richard Lee, Chairman and CEO of China Premium Lifestyle Enterprise, Inc. Mr. Lee continued, “As a reflection of the confidence our customers place in Ferrari, we already had several orders for the new flagship model before the launch and another client placed his order with us within minutes of the car being unveiled!”
First deliveries of the revised 612 Scaglietti ‘One-To-One’ begin in Hong Kong in July, priced from HK$4,288,000 (US$550,000).
China Premium Lifestyle Enterprise, Inc., through its 49%-owned entity, has established itself as a leading Ferrari and Maserati importer, distributor and dealer in Hong Kong and dealer in China, having been affiliated with Ferrari and Maserati since 1992 and 1994 respectively. The company is expanding its offerings to include other luxury brands and goods from around the world, which it markets to its already established base of wealthy Chinese individuals.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the Company and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the Company may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this release that are not purely historical are forward-looking statements, beliefs, plans, expectations or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices, and other economic factors. The Company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. Investors should independently investigate and fully understand all risks before making investment decisions.
Contact:
Jason Assad
C&H Capital Inc.
678-570-6791

China Premium Lifestyle Enterprise, Inc.

AUBURN HILLS, Mich., April 22 /PRNewswire/ — Chrysler LLC awarded nearly 200 dealerships across the nation with the 2007 Chrysler-Jeep Pacesetters Award and the 2007 Dodge Charger Club Award. The Pacesetter winners are Chrysler-Jeep and the Charger winners all are Dodge-brand dealerships. The dealers each were selected for selling a minimum of 1,000 retail units or more during the 2007 calendar year.
This year’s award ceremony was held in Naples, Fla., from April 20 - 23 and hosted by Bob Nardelli, Chairman and Chief Executive Officer, Chrysler LLC; Jim Press, Vice Chairman and President, Chrysler LLC; and Steven Landry, Executive Vice President North American Sales.
“For our Dealers, becoming a Pacesetter or Charger Club member says that you have ‘made it’ and are now recognized as one of the best in the country,” said Landry. “These elite memberships prove that you can sell a lot of vehicles, have satisfied customers, and be profitable. The real winners are our customers because in every market we have dealers that exemplify outstanding sales leadership and customer satisfaction.”
Both Clubs have been in existence more than 40 years. The winners were awarded a crystal trophy and also receive recognition in the Company’s internal Dealer News publication.
This year’s oldest Chrysler-Jeep Pacesetter winning dealership is Brown- Daub, in Eastern, Penn., which opened 72 years ago in 1936. The oldest winning Dodge Charger Club dealership is Glenn Thomas Company in Signal Hill, Calif., which is 74 years old and opened in 1934.
The list of the 2007 Chrysler-Jeep and Dodge Charger Club winning dealerships is below:
Chrysler-Jeep Pacesetter Club Winners

Sea View Auto Corporation Wanamassa N.J.
Westbury Jeep Chrysler Dodge Westbury N.Y.
Haynes motor Company Richmond Va.
Szott M-59 Chrysler Jeep White Lake Mich.
Village Chrysler Jeep Royal Oak Mich.
Yark Chrysler-Jeep Toledo Ohio
Chris Nikel Chrysler Jeep Dodge Broken Arrow Okla.
Ancira motor Company San Antonio Texas
Dade Jeep Chrysler Miami Fla.
Autopark Chrysler Jeep Cary N.C.
Jeep Chrysler Of Ontario Ontario Calif.
Midway Jeep Chrysler San Diego Calif.
Jim Riehl’s Friendly Chrysler Jeep Warren Mich.
Manhattan Jeep-Chrysler-Dodge New York N.Y.
Shaver Auto Center San Bernardino Calif.
Milton Ruben Chrysler Jeep Augusta Ga.
Snethkamp Chrysler-Jeep Redford Mich.
Fred Martin Superstore Norton Ohio
Kelly Jeep Chrysler Ply Lynnfield Mass.
Cueter Chrysler Jeep Dodge Ypsilanti Mich.
Maroone Chrysler Jeep Dodge Coconut Creek Fla.
Long Beach Chrysler-Jeep Signal Hill Calif.
Chrysler-Jeep Of North Olmsted North Olmsted Ohio
Telegraph Chrysler Jeep Taylor Mich.
Naylor motor Sales Ann Arbor Mich.
Dave Smith Motors Kellogg Idaho
Landmark Dodge Chrysler Jeep Morrow Ga.
Power Chrysler Jeep Dodge Phoenix Ariz.
Arrigo Dodge Chrysler Jeep W. Palm Beach Fla.
Greenway Chrysler-Jeep-Dodge Orlando Fla.
Jacksonville Chrysler Jeep Dodge Jacksonville Fla.
Massey Yardley Plantation Fla.
Central Florida Chrysler Jeep Dodge Orlando Fla.
Airpark Chrysler Jeep Scottsdale Ariz.
Lake Norman Chrysler Jeep Dodge Cornelius N.C.
Sawgrass Chrysler Jeep Dodge Tamarac Fla.
Reedman Toll Auto World Langhorne Penn.
Spring Chrysler Jeep Dodge Spring Texas
Manfredi Chrysler Jeep & Dodge Staten Island N.Y.
Baxter Chrysler Jeep Dodge Omaha Neb.
Hollywood Chrysler Jeep Hollywood Fla.
Northland Chrysler Jeep Oak Park Mich.
Westborn Chrysler Jeep Dearborn Mich.
Teterboro Chrysler Plymouth Jeep Little Ferry N.J.
Central Avenue Chrysler Jeep Yonkers N.Y.
Lochmoor Chrysler Jeep Detroit Mich.
Birmingham Chrysler Jeep Troy Mich.
Roseville Chrysler Jeep Roseville Mich.
Helfman River Oaks Chrysler Jeep Houston Texas
Ingram Park Chrysler Jeep San Antonio Texas
Rochester Hills Chrysler Jeep Rochester Hills Mich.
East Hills Chrysler Jeep Dodge Greenvale N.Y.
McInerney’s Woodhaven Chrysler-Jeep Woodhaven Mich.
Dick Huvaere’s Richmond Chrysler Richmond Mich.
Suburban Chrysler Jeep Dodge Novi Mich.
Livonia Chrysler Jeep Livonia Mich.
Greenbrier Chrysler Jeep Chesapeake Va.
Galeana Chrysler Jeep Ft Myers Fla.
Mancari’s Chrysler Jeep Oak Lawn Ill.
Warnock Dodge Chrysler Jeep East Hanover N.J.
Fox Hills Chrysler Jeep Plymouth Mich.
Meador Chrysler-Plymouth Fort Worth Texas
Shuman motor Sales Walled Lake Mich.
Golling Chrysler Jeep Dodge Bloomfield Hills Mich.
Integrity Chrysler Jeep Dodge Las Vegas Nev.
Earnhardt Chrysler Jeep Tempe Ariz.
David O’Neal Raleigh N.C.
Moore Chrysler-Jeep Peoria Ariz.
Monroeville Chrysler Jeep Monroeville Penn.
Tamiami Chrysler Plymouth Jeep Miami Fla.
Brunswick Auto Mart Brunswick Ohio
Go Chrysler Jeep South Broadway Littleton Colo.
Woodhouse Chrysler Jeep Dodge Blair Neb.
Major Chrysler Jeep Dodge Long Island City N.Y.
Mancari’s Of Orland Hills Orland Hills Ill.
Avondale Chrysler-Jeep Avondale Ariz.
Carmax Chrysler-Jeep Of Norcross Norcross Ga.
Gary Barbera’s Autoland USA Philadelphia Penn.
Franklin Sussex Auto Mall Sussex N.J.
Palace Chrysler Jeep Lake Orion Mich.
Parkway Chrysler-Jeep Clinton Township Mich.
Courtesy Chrysler Jeep Brandon Fla.
McDonagh Chrysler-Jeep East Brunswick N.J.
White Plains Chrysler Jeep Dodge White Plains N.Y.
Orchard Chrysler Dodge Jeep Washington Twp Mich.
McCune Chrysler Jeep National City Calif.
Bill Snethkamp Chrysler Jeep Highland Park Mich.
Larry H. Miller Chrysler Jeep Dodge Sandy Utah
Brown-Daub Chrysler Jeep Easton Penn.

Dodge Charger Club Winners

Larry H Miller Chrysler Jeep Dodge Sandy Utah
Broadway Dodge Littleton Colo.
Tucson Dodge Tucson Ariz.
Gossett motor Cars Memphis Tenn.
Bob Wilson Dodge Chrysler Jeep Tampa Fla.
Southtown Dodge St. Louis Mo.
Charlie’s Dodge Maumee Ohio
Allen Samuels Dodge North Richland Hills Texas
Meadowbrook Dodge Rochester Hills Mich.
Potamkin Rivera Dodge Hialeah Fla.
Century Dodge Taylor Mich.
Daytona Dodge Chrysler Daytona Beach Fla.
Gulf Coast Dodge Ft Myers Fla.
Dayton Andrews Dodge St Petersburg Fla.
Dave Smith Motors Kellogg Idaho
Landmark Dodge Chrysler Jeep Morrow Ga.
Royal Gate Dodge Chrysler Ellisville Mo.
Dick Scott Dodge Plymouth Mich.
Cerritos Dodge Cerritos Calif.
Bruce Campbell Dodge Redford Mich.
All American Chrysler-Jeep-Dodge San Angelo Texas
Dodge Country Killeen Texas
Jeff D’ambrosio Chrysler Jeep Downingtown Penn.
Salsbury’s Dodge City Baton Rouge La.
Earnhardt’s Gilbert Dodge Gilbert Ariz.
Zangara Dodge Albuquerque N.M.
Power Chrysler Jeep Dodge Phoenix Ariz.
Arrigo Dodge Chrysler Jeep West Palm Beach Fla.
Dodgeland Of Columbia Columbia S.C.
Christopher’s Dodge World Golden Colo.
Acadiana Dodge Lafayette La.
Expressway Dodge Evansville Ind.
Greenbrier Dodge Of Chesapeake Chesapeake Va.
Tempe Dodge Tempe Ariz.
Bonham Chrysler Bonham Texas
Larry Miller Dodge Peoria Ariz.
Waldorf Dodge Waldorf Md.
Sherman Dodge Skokie Ill.
Avondale Dodge Avondale Ariz.
David Stanley Dodge Midwest City Okla.
Jim Click Dodge Tucson Ariz.
Ken Garff West Valley Chrysler West Valley City Utah
Ed Moses Dodge Scottsdale Ariz.
Towbin Dodge Henderson N.Y.
Lawrence Marshall Chrysler Dodge Hempstead Texas
Szott M-59 Dodge Highland Mich.
Maroone Dodge Of Pembroke Pines Pembroke Pines Fla.
Folsom Lake Dodge Folsom Calif.
Bluebonnet Chrysler-Dodge New Braunfels Texas
Safford Motors Dodge Fredericksburg Va.
All American Chrysler Jeep Dodge Midland Texas
Helfman Dodge Houston Texas
Gulfgate Dodge Houston Texas
Fowler Dodge Oklahoma City Okla.
Greenway Chrysler-Jeep-Dodge Orlando Fla.
Dodge City Of McKinney McKinney Texas
Landers Dodge Chrysler Jeep Bossier City La.
Park Cities Dodge Dallas Texas
David Dodge Glen Mills Penn.
Lithia Dodge Of Corpus Christi Corpus Christi Texas
Olathe Dodge Chrysler Jeep Olathe Kan.
Stew Hansen Dodge City Jeep Urbandale La.
Planet Dodge Humble Texas
United Dodge Las Vegas N.Y.
Colorado Springs Dodge Colorado Springs Colo.
Tomball Dodge Tomball Texas
Autoway Dodge Clearwater Fla.
Glenn E Thomas Company Signal Hill Calif.
Colonial Dodge Eastpointe Mich.
Crestwood Dodge Garden City Mich.
Galeana’s Van Dyke Dodge Warren Mich.
Cherry Hill Dodge Cherry Hill N.J.
Meade Dodge Detroit Mich.
Sterling Heights Dodge Sterling Heights Mich.
Spring Chrysler Jeep Dodge Spring Texas
Dick Huvaere’s Richmond Chrysler Richmond Mich.
Golling Chrysler Jeep Dodge Bloomfield Hills Mich.
Norman Chrysler Jeep Dodge Norman Okla.
Integrity Chrysler Jeep Dodge Las Vegas N.Y.
Potamkin’s Planet Dodge Miami Fla.
Woodhouse Chrysler Jeep Dodge Blair Neb.
Greenville Chrysler Greenville Texas
All American Chrysler-Jeep- Dodge Odessa Texas

Chrysler LLC

PARSIPPANY, N.J., May 15 /PRNewswire/ — Avis Rent A Car announced that it will discontinue the printing and distribution of scores of customer brochures and other collateral marketing materials. The effort is expected to reduce paper consumption by 100 tons per year, preserving about 1,500 trees annually, and reducing Avis’ costs.”Avis has always made it a priority to deliver information about our programs and services to our customers in the format that they prefer. In today’s wired world, our customers have told us that they want to obtain this information electronically, via Avis.com,” said Becky Alseth, senior vice president of marketing for Avis Budget Group, parent of Avis. “This presented us with the opportunity to reduce our environmental footprint, which is also very important to Avis customers.”Avis.com offers comprehensive information about all aspects of renting from Avis, including: — Deals: Specials, promotions and partner offers; — Renter’s Guide: Maps and weather, vehicle descriptions, policies & procedures and Avis locations; — Programs: Avis Preferred, My Avis, customer preference profiles and business programs; — Customer Service; and — Company Information.”In addition to providing all this information in an easy-to-find way, Avis.com also features a very robust search tool that enables customers to simply write in their question, hit enter, and be taken directly to the information they seek,” said Alseth. “It’s all part of how ‘We Try Harder’ both to serve our customers, and to be a responsible steward of the environment.”Avis and the EnvironmentAvis has implemented several initiatives to protect the environment in addition to reducing its use of printed materials. Avis offers gas/electric hybrid vehicles in subcompact (Toyota Prius), full size (Nissan Altima) and small SUV (Ford Escape) car classes, as well as a full range of fuel-efficient standard-engine vehicles. Approximately half of the Avis fleet is rated at 28 miles per gallon or better (highway), while approximately one fourth is rated at 32 miles per gallon (highway) or better. Sixty-three percent of Avis vehicles are U.S. EPA Smartway(R) Certified; Smartway Certification, which is based on EPA analyses of vehicle fuel efficiency and tailpipe emissions, is designed to help consumers identify the cleanest, most fuel efficient vehicles available.In addition to offering vehicles that enable renters to minimize the environmental impact from their rental car use, Avis also has begun the process of creating a formal Environmental Management System (EMS) in accordance with ISO 14001 international standards. This will result in a comprehensive plan to reduce environmental impacts including water conservation, energy use, noise emission, use of natural resources, landfill contribution and other areas in which Avis operations interact with the environment.”At Avis, we’re committed not only to offering vehicles that limit the environmental impact from greenhouse gas emissions, but also to exploring opportunities throughout our operations to help protect the environment,” said Alseth.About AvisAvis Rent A Car System, LLC and its subsidiaries operate one of the world’s leading car rental brands, providing business and leisure customers with a wide range of services at more than 2,100 locations in the United States, Canada, Australia, New Zealand and the Latin American / Caribbean region. Avis is one of the world’s top brands for customer loyalty, ranking as the number-one car rental company in the 2007 Brand Keys(R) Customer Loyalty Index. The company is a wholly owned subsidiary of Avis Budget Group, Inc. . For more information, visit . Avis Rent A Car System, LLC

ORLANDO, Fla., May 14 /PRNewswire-USNewswire/ — Just in time to plan summer road trips, AAA has launched enhancements to the TripTik(R) travel Planner, available at AAA.com. Features that have been added to the popular online mapping tool include the capability to create custom maps, a new travel guide section, easier navigation and an improved route modification tool. The TripTik travel Planner provides travelers 24/7 access to AAA’s proprietary travel information, premier mapping information and booking capabilities — everything needed to plan an entire trip.(Logo: )Travelers will find the new TripTik travel Planner preferable to other travel Web sites whether they need quick maps and local driving directions or complete planning tools and destination information for cross-country road trips and fly/drive vacations. Users can also access the latest fuel prices at more than 100,000 U.S. gas stations. Enhancements details include: — My Places spotting map capability offers the user the ability to create a custom map that includes their specified locations, including hotels, restaurants and points of interest. Map printouts also contain TourBook(R) information about each location. — The TripTik travel Planner is even easier to use, with simplified ways to take advantage of all its features and access to information. From AAA Scenic Byways, construction information and gas prices along the way, to hotel ratings (with great rates) and recommendations on where to dine and what to see. — A new travel guide section contains information on North America’s popular destinations including “Don’t Miss Picks,” travel tips and insider information provided by AAA travel experts. — The route modification tool helps you to customize trips to fit specific preferences and now has a new drag-and-drop feature to reroute directions. One click can select a scenic route or a different way home.”Every day, thousands of members turn to their local AAA office for trip planning expertise including reliable maps, driving directions, travel information and hotel reservations,” said Jan Coyne, director, AAA Geographic Information Systems. “The new version of the TripTik travel Planner offers the best of both worlds, 24/7 access from a personal computer, coupled with the availability of AAA expert knowledge and support.”AAA is continually updating and expanding its travel information, adding new lodging, restaurant, attraction and destination information. One click on the handy map icons opens AAA listings, many with photos, from AAA’s database of 58,000 AAA Approved and Diamond Rated hotels and restaurants, 17,000 attractions, 22,000 events and 8,000 destinations. Travelers can also display locations for 160,000 Show Your Card & Save(R) member discount locations, 7,800 AAA Approved Auto Repair facilities and 1,100 AAA/CAA club offices.Users can also access time-saving construction and historic traffic congestion information on AAA.com, as well as the latest fuel prices at more than 100,000 U.S. gas stations, including E-85 fuel availability.AAA members who visit AAA.com to book a hotel room are more likely to find a better rate there than on other leading Web sites, according to a recent survey. In a review of several online travel booking sites, AAA.com offered AAA members the best publicly available rate on partner hotels 69 percent of the time.As North America’s largest motoring and leisure travel organization, AAA provides more than 51 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at AAA news releases can be downloaded from .Available Topic Expert(s): For information on the listed expert(s), click appropriate link.Heather HunterAAA

ORLANDO, Fla., May 5 /PRNewswire-USNewswire/ — According to the 2008 edition of AAA’s Annual Vacation Costs Survey the recommended travel budget for two adults traveling together in North America is $244 per day for lodging and meals.(Logo: )”Vacation spending depends on personal preferences and means,” said Michael Petrone, director, AAA Tourism Information Development. “While you can expect higher lodging rates in metropolitan areas and during peak travel seasons, travelers can save by making advance reservations and taking advantage of discounts.”According to the survey the average cost for lodging in North America is $164 per night, double occupancy, based on the most recent published rates for AAA Approved(R) accommodations listed in the AAA TourBook(R) guides. For two adults traveling and dining together AAA travel experts recommend budgeting $80 a day for meals, not including tips or beverages. These costs are based on dining at full-service restaurants. If traveling by car, AAA recommends visiting to estimate fuel costs and using the AAA TripTik(R) Travel Planner to plan the best route.The most expensive city for vacationers is Honolulu, where the average published prices for meals and lodging for two adults total $673 per day, followed by New York City at $606; Miami-Miami Beach, $370; San Diego, $361 and Las Vegas at $358. The most economical choices include Tulsa, Okla., with an estimated daily food and lodging cost of $179, followed by Albuquerque, N.M, $179; Wichita, Kan., $194; Oklahoma City, Okla., $194; and Fresno, Calif., $207.Actual lodging rates will vary according to factors including region, season and discounts available. Visit or speak to your AAA travel agent to book lodging and determine exact costs. If traveling with additional people AAA advises contacting the property in advance for an extra-person charge. However, if traveling with children within an age limit set by management — usually up to 14 — there may not be an extra charge.Meal costs can be reduced by eating the main meal at midday to take advantage of lower lunch prices at restaurants. Many restaurants also offer children’s menus and “early bird” dinner specials at reduced prices.AAA helps consumers maximize their vacation dollars by planning ahead. AAA members who visit to book a hotel room are more likely to find a better rate there than on other leading Web sites, according to a recent survey. In a review of several online travel booking sites, offered AAA members the best publicly-available rate on partner hotels 69 percent of the time.AAA has been tracking vacation costs since 1950 when the average daily cost for meals and lodging was $13. The 2008 Vacation Costs Survey cannot be directly compared to 2007 estimates due to a change in available data and calculations.AAA’s meal and lodging costs are based on published prices from more than 60,000 AAA Approved and Diamond Rated(R) lodgings and restaurants listed in AAA’s widely distributed TourBook guides.As North America’s largest motoring and leisure travel organization, AAA provides more than 51 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at .AAA news releases can be downloaded from .Available Topic Expert(s): For information on the listed expert(s), click appropriate link.Heather HunterAAA

TORRANCE, Calif., May 2 /PRNewswire/ — Toyota Motor Sales (TMS), U.S.A., Inc., announced new manufacturer’s suggested retail prices (MSRP) today for certain Toyota and Lexus vehicles, effective mid- to late May 2008.Toyota DivisionAt this time, pricing for the all-new 2008 Sequoia full-size sport utility vehicle (SUV), the 2008 Tacoma pickup truck, the all-new 2009 Corolla compact car and all-new 2009 Matrix crossover utility vehicle pricing remains unchanged.The base MSRP for 2008 Yaris sedan will receive a new price of $12,425, an increase of $200, or 1.6 percent. The 2008 Yaris liftback will list a new base MSRP of $11,550, an increase of $200, or 1.7 percent. The MSRP for the 2008 Prius will carry a new base price of $21,500, an increase of $400, or 1.8 percent.The 2008 Camry Solara coupe and Solara convertible increase by $250 or 0.9 percent and gain new base MSRPs of $20,180 and $27,440, respectively. The 2008 Avalon will post a new base MSRP of $27,325, an increase of $250, or 0.8 percent.The only 2009 model year Toyota vehicle to receive a price adjustment is the Toyota Camry. The gas model increases $200 or 0.9 percent and carries a new base MSRP of $18,920. The hybrid model, which was introduced as a 2007 model in late 2006, increases by $300 or 1.1 percent and carries a new base MSRP of $25,650.The 2008 RAV4 compact SUV price increases by $250, or 1.1 percent, and will receive a new base MSRP of $21,500. The Highlander midsize SUV gas model posts a price increase of $200, or 0.7 percent, and will carry a new base MSRP of $27,500; and the hybrid model posts an increase of $500, or 1.3 percent, and will have a new base MSRP of $34,200.The 2008 FJ Cruiser MSRP increases by $500, or 2.1 percent, with a new base MSRP of $23,045. The 2008 4Runner carries a new starting MSRP of $28,415, which represents an increase of 1.3 percent, or $400. MSRP increases by $900, or 1.4 percent, for the all-new 2008 Toyota Land Cruiser, with a new base price of $64,100.In the full-size truck category, the 2008 Tundra increases by $100 and will carry a new base price of $22,390, an increase of 0.3 percent. Pricing for 2008 Sienna increases by $100, or 0.4 percent, and will have a new base MSRP of $24,440.Toyota MSRPs do not include a delivery, processing and handling (DPH) fee of $660 for passenger cars and $685 for light trucks. DPH fee for vehicles distributed by Southeast Toyota (SET) and Gulf States Toyota (GST) may vary.Lexus DivisionLexus also announced new MSRPs for select 2008 model year luxury vehicles and the 2009 RX 350 luxury utility vehicle. Currently, pricing for 2008 Lexus IS F high-performance luxury sports sedan remains unchanged.The IS entry luxury sport sedans will increase 0.9 percent overall, or $300. The IS 250 rear-wheel drive model with a manual transmission will carry an MSRP of $30,855, while the IS 250 rear-wheel drive automatic will have an MSRP of $32,025. The IS 250 all-wheel drive and the IS 350 models will have MSRPs of $34,485 and $36,305, respectively.The ES 350 entry luxury sedan MSRP will increase 0.9 percent, or $300, to $34,120.The GS 350 and GS 460 luxury sport sedans will increase 0.9 percent overall, or $400. The GS 350 rear-wheel drive and all-wheel drive models will carry MSRPs of $44,550 and $46,500, respectively. The GS 460 will carry a base price of $53,020. The GS 450h hybrid model will increase 1.6 percent, or $900, to $55,800.The MSRP for the LS 460 flagship luxury sedan will increase 1.4 percent, or $900, to $62,900 for the LS 460 and $72,900 for the LS 460 L. The MSRP for the LS 600h L hybrid will increase 0.9 percent, or $900, to $104,900.The SC 430 luxury hardtop convertible will increase 1.4 percent, or $900, to $66,355.The RX 400h hybrid luxury utility vehicle MSRP will increase 0.7 percent overall, or $300, to $41,580 for the RX 400h front-wheel drive model, and $42,980 for the all-wheel-drive model. The 2009 RX 350 luxury utility vehicle MSRP will increase 0.5 percent, or $200. The front-wheel-drive RX 350 will have an MSRP of $37,700, while the RX 350 all-wheel drive will carry a base price of $39,100.The GX 470 luxury utility vehicle will carry an MSRP of $47,315, an increase of 1.1 percent, or $500.The LX 570 luxury utility vehicle will increase 1.2 percent, or $900, carrying an MSRP of $74,700.Lexus MSRPs do not include a delivery, processing and handling (DPH) fee of $765.ScionScion recently announced price adjustments for 2009 model year xB and tC on April 11, 2008. Additional pricing information on 2009 Scion xD will be announced in summer 2008. Public Web site: Public Web Site: Public Web site: (Logo: )Toyota Motor Sales

IRVINE, Calif., April 29 /PRNewswire/ — The expert editors at Kelley Blue Book’s kbb.com (), the leading provider of new- and used-vehicle information, today announce their picks for the Top 10 Coolest New Cars Under $18,000. The vehicles that made Kelley Blue Book’s 2008 list of Top 10 Coolest New Cars Under $18,000 — typically a gas-sipping bunch — arguably are cooler than they have ever been. More fun, more practical and more amenity-laden than ever before, today’s entry-level vehicles deliver more than simply affordable and efficient transportation.Versatility and technology are growing trends in the under-$18,000 segment. Eight of the cars on this year’s list are flexible five-door hatchbacks, or available as such. The collective options list includes navigation, hard-drive music storage, voice-controlled iPod integration, Bluetooth phone connectivity, push-button start and leather seating — some of which were introduced on high-end luxury cars just a few years ago.”The vehicles on our Top 10 Coolest New Cars Under $18,000 list are very fun to drive and feature-filled; first-time buyers and frugal down-sizers have never had it so good,” said Jack R. Nerad, executive editorial director and executive market analyst for Kelley Blue Book’s kbb.com. “Manufacturers are finding ways to nicely equip their entry-level vehicles while still keeping the price reasonably low, and consumers are reaping the benefits more and more each year.”In choosing the 2008 list of Top 10 Coolest New Cars Under $18,000, the kbb.com editors used the same set of criteria that many consumers use in examining this category: safety, fuel economy, interior size, comfort, technology, the vehicle’s fun-to-drive-factor, as well as the decidedly subjective “cool” factor. The editors compiled the list of qualifying vehicles using Kelley Blue Book’s New Car Blue Book Values, which reflect real-world transaction prices and provide a more useful comparison point than Manufacturer’s Suggested Retail Price (MSRP). Every vehicle on the list can be purchased for less than $18,000. Top 10 Coolest New Cars Under $18,000 Vehicle MSRP New Car Blue Book Value 2008 Ford Focus $15,280 $14,942 2008 Honda Fit $14,585 $14,585 2008 Jeep Patriot $16,055 $15,894 2008 Mazda3 $17,230 $16,799 2008 Mitsubishi Lancer $14,615 $14,396 2009 Pontiac Vibe $15,895 $15,895 2008 Scion xB $16,270 $16,351 2008 Subaru Impreza $17,640 $17,375 2008 Suzuki SX4 $15,395 $15,164 2008 Volkswagen Rabbit $16,250 $16,088Vehicles are listed in alphabetical order. New Car Blue Book Values represent transaction values, or what others are actually paying for this vehicle. The listed New Car Blue Book Values were taken from kbb.com during the week of April 1, 2008. New Car Blue Book Values are updated weekly on kbb.com. Adding optional equipment at the time of purchase will increase the price of the vehicle. Kbb.com Editorial Comments on the Top 10 Coolest New Cars Under $18,000 2008 Ford Focus”Cool” might not be the first word that pops into your head upon seeing the new Ford Focus, but don’t judge this book by its cover. The Focus sedan and coupe are the most affordable cars in which you can get the SYNC music and phone integration system that allows you, for instance, to play any song in your digital library simply by saying its name. That’s cool. MSRP: $15,280 *NEW CAR BLUE BOOK VALUE: $14,942 2008 Honda FitWith gas prices on the rise, small cars like the Honda Fit are gaining in popularity. The Fit sips gasoline and offers the sportiest driving experience available in an econo-car. Plus, the seats can be configured in multiple arrangements, so it can easily hold things like your friends, your gear or a medium-sized alpaca (according to a photo on Honda’s Web site, anyway). MSRP: $14,585 *NEW CAR BLUE BOOK VALUE: $14,585 2008 Jeep PatriotThe Jeep Patriot has a classic look reminiscent of the departed Jeep Cherokee plus a functional interior and a sub-$18,000 price tag — even when equipped with four-wheel drive. Combined with highway fuel economy up to 28 miles per gallon, the Patriot delivers a cool mix of SUV-like versatility and car-like efficiency for buyers on a budget. MSRP: $16,055 *NEW CAR BLUE BOOK VALUE: $15,894 2008 Mazda3On our list for the fifth year in a row and still in its first generation, the Mazda3 is the current elder statesman of cool compact cars. Available in four- and five-door layouts, the dynamic Mazda3 is responsive, quick and stylish, but also comfortable, efficient and practical. MSRP: $17,230 *NEW CAR BLUE BOOK VALUE: $16,799 2008 Mitsubishi LancerThe Mitsubishi Lancer’s aggressive, rally-inspired looks belie a starting price of less than $15,000. The low cost of entry will leave many buyers with enough extra cash to add cool options like a hard-drive navigation system, an impressive premium audio system or perhaps a stylish spoiler. MSRP: $14,615 *NEW CAR BLUE BOOK VALUE: $14,396 2009 Pontiac VibeThe hot-looking Pontiac Vibe has always delivered a very cool combination of affordability, versatility and fuel economy. Compared with its predecessor, the new-for-’09, second-generation Vibe boasts a sportier look inside and out, more powerful engines and even a lower starting price. MSRP: $15,895 *NEW CAR BLUE BOOK VALUE: $15,895 2008 Scion xBThe original “box on wheels” grew rounder, larger and more powerful for 2008, but the xB remains a distinctively styled non-conformist. Cool standard features include steering-wheel mounted audio controls, iPod integration and a choice of three wheel designs for instant customization at the dealership. MSRP: $16,270 *NEW CAR BLUE BOOK VALUE: $16,351 2008 Subaru ImprezaWith 170 horsepower, all-wheel drive and a double-wishbone rear suspension, the Subaru Impreza sedan adds a sporty and capable touch to our cool car selections. The five-door variant has a similar base price and suits those in need of more cargo room for their active lifestyles. MSRP: $17,640 *NEW CAR BLUE BOOK VALUE: $17,375 2008 Suzuki SX4This is the second year in a row that Suzuki’s small crossover has made our list of cool cars under $18,000. In addition to a sporty exterior and roomy, stylish interior, the SX4 still has the distinction of being the least expensive all-wheel-drive vehicle sold in America. MSRP: $15,395 *NEW CAR BLUE BOOK VALUE: $15,164 2008 Volkswagen RabbitThe versatile and affordable Volkswagen Rabbit hopped its way onto our list with its perky 2.5-liter engine, comfortable ride, sharp handling and a level of interior refinement rivaling that of some much pricier vehicles. MSRP: $16,250 *NEW CAR BLUE BOOK VALUE: $16,088 New-Vehicle Research Tools Available on Kelley Blue Book’s kbb.com — Full expert reviews of new 2008 (and some 2009) model year vehicles, including print and video — Pricing, specifications and information on optional features — Resale value information — Safety data — Rebates and incentives information — Side-by-side comparison tool — Consumer reviews and ratings — Photos and 360-degree views — Dealer price quoteFor more information about the Top 10 Coolest New Cars Under $18,000, visit .About Kelley Blue Book ()Since 1926, Kelley Blue Book, The Trusted Resource(R), has provided vehicle buyers and sellers with the new and used vehicle information they need to accomplish their goals with confidence. The company’s top-rated Web site, kbb.com, provides the most up-to-date pricing and values, including the New Car Blue Book(R) Value, which reveals what people actually are paying for new cars. The company also reports vehicle pricing and values via products and services, including software products and the famous Blue Book(R) Official Guide. Kbb.com is rated the No. 1 automotive information site by Nielsen//NetRatings and the most visited auto site by J.D. Power and Associates eight years in a row. No other medium reaches more in-market vehicle shoppers than kbb.com; nearly one in every three American car buyers performs their research on kbb.com. Kelley Blue Book

HONG KONG, April 21 /Xinhua-PRNewswire-FirstCall/ — Brilliance China Automotive Holdings Limited (the ”Company”) announced today its results for the year ended December 31, 2007 prepared in accordance with generally accepted accounting principles in the United States of America.Consolidated net sales of the Company and its subsidiaries (the ”Group”), including Shenyang Brilliance JinBei Automobile Co., Ltd. (”Shenyang Automotive”), Shenyang XingYuanDong Automobile Component Co., Ltd. (”Xing Yuan Dong”), Ningbo Yuming Machinery Industrial Co., Ltd. (”Ningbo Yuming”), Ningbo Brilliance Ruixing Auto Components Co., Ltd. (”Ruixing”), Mianyang Brilliance Ruian Automotive Components Co., Ltd. (”Ruian”), Shenyang Brilliance Dongxing Automotive Component Co., Ltd. (”Dongxing”), Shenyang ChenFa Automobile Component Co., Ltd. (”ChenFa”), Shenyang Jindong Development Co., Ltd. (”Jindong”), Shanghai Hidea Auto Design Co., Ltd. (”Hidea Auto”) and Shenyang Brilliance Power Train Machinery Co., Ltd. (”Power Train”) for the year ended December 31, 2007 were RMB14,149.1 million (US$1,857.5 million), representing a 34.9% increase from RMB10,484.8 million (US$1,317.2 million) in 2006. The increase in sales was primarily due to increases in unit sales of Shenyang Automotive’s Zhonghua sedans and minibuses in 2007.Shenyang Automotive sold 73,415 minibuses in 2007, representing a 10.8% increase from 66,245 minibuses sold in 2006. Of these minibuses sold, 59,517 were mid-priced minibuses, representing a 14.3% increase from 52,049 units sold in 2006. Unit sales of deluxe minibuses decreased slightly by 2.1% from 14,196 units in 2006 to 13,898 units in 2007. Shenyang Automotive sold 106,770 Zhonghua sedans in 2007, representing a 71.4% increase from 62,281 sedans sold in 2006. 33,689 units of the Zhonghua Zunchi model were sold in 2007, representing a 25.2% increase from 26,914 units for 2006. The Junjie model, which was launched in March 2006, recorded a sale of 72,502 units during the year, compared to 35,367 units sold during the period from March to December 2006. The new Kubao model was launched in September 2007 and recorded a sale of 579 units in the last quarter of the year.Cost of sales increased by 31.0% from RMB9,960.6 million (US$1,251.3 million) in 2006 to RMB13,049.1 million (US$1,713.1 million) in 2007. The increase was primarily due to the increase in unit sales of both the Zhonghua sedans and minibuses. The average unit cost for both the Zhonghua sedans and minibuses decreased in 2007, mainly due to improvement in production efficiency together with the decrease in unit cost of components as a result of economies of scale. As a result, the overall gross profit margin of the Group improved from 5.0% in 2006 to 7.8% in 2007.Selling, general and administrative expenses increased by 10.9% from RMB1,384.7 million (US$174.0 million), representing 13.2% of sales in 2006, to RMB1,535.7 million (US$201.6 million) representing 10.9% of sales in 2007. The increase was mainly due to the increase in advertising, promotion and marketing expenses as well as transportation costs for finished products resulting from the increase in sales volume of Zhonghua sedans and minibuses during the year. The selling, general and administrative expenses as a percentage of turnover decreased in 2007 as a result of higher Zhonghua and minibus sales volume achieved in 2007.Interest expense net of interest income decreased by 9.8% from RMB86.3 million (US$10.8 million) in 2006 to RMB77.8 million (US$10.2 million) in 2007, resulting mainly from higher interest income earned from bank deposits and reduced short-term borrowings from last year.Net equity in earnings of associated companies and jointly controlled entities increased by 28.8% from RMB149.3 million (US$18.8 million) in 2006 to RMB192.3 million (US$25.2 million) in 2007. This increase was mainly attributable to the increased profits contributed by BMW Brilliance Automotive Ltd. (”BMW Brilliance”), the Group’s 49.5% indirectly owned jointly controlled entity. Net profits contributed to the Group by BMW Brilliance increased by 33.3% from RMB106.7 million (US$13.4 million) in 2006 to RMB142.2 million (US$18.7 million) in 2007. The BMW joint venture achieved sales of 32,100 BMW sedans in 2007, an increase of 36.0% as compared to 23,600 BMW sedans sold in 2006.Subsidy income increased from RMB50.2million (US$6.3 million) in 2006 to RMB140.1 million (US$18.4 million) in 2007. The increase was mainly due to the receipt of new government grant by a subsidiary in 2007.Other income net of expenses increased by 69.2% from RMB106.2 million (US$13.3 million) in 2006 to RMB179.7 million (US$23.6 million) in 2007. The increase was primarily due to increases in foreign exchange gains.Loss before taxation and minority interests decreased 99.8% from RMB714.5 million (US$89.8 million) in 2006 to RMB1.4 million (US$0.2 million) in 2007. Taxation decreased by 5.6% from RMB47.9 million (US$6.0 million) in 2006 to RMB45.2 million (US$5.9 million) in 2007, resulted mainly from utilisation of previously unrecognized tax losses.The Group recognized an income of RMB2.4 million (US$0.3 million) under other comprehensive income for 2007, an increase of 118.2% from RMB1.1 million (US$0.1 million) for 2006, representing the fair value adjustment for securities available-for-sale during the year.As a result, the Group recorded a comprehensive income of RMB86.1 million (US$11.3 million) in 2007 as compared with a comprehensive loss of RMB385.1 million (US$48.4 million) in 2006.Basic earnings and dilutive earnings per ADS amounted to RMB2.28 (US$0.30) and RMB2.27 (US$0.30), respectively, in 2007, as compared to basic and dilutive losses per ADS of RMB10.53 (US$1.32) in 2006.Mr. Wu Xiao An, Chairman of the Company, said ”I am pleased to report that the Group has achieved its goal of returning to profitability in 2007 after experiencing two years of losses attributable to equity holders of the Company. During 2007, the Chinese auto sector continued to show an impressive growth. The strong market demand has brought about a remarkable expansion in the sale of our Zhonghua and BMW sedans during the year. Looking ahead to 2008, factors such as rising input costs and oil prices, impact of austerity measures and credit tightening, and the launch of a large number of competitive new models will all create pressures on auto sales in China. To enable the Group to maintain its market share and margins, we plan to launch new models such as the new Junjie FRV and Junjie wagon models in 2008 to further diversify our product mix, increase investments in the development of our engines and new products under the Junjie FRV platform, streamline our operations to improve production efficiency, leverage on volume to achieve supplier cost savings, work with BMW to deepen component localization for our BMW vehicles (import tariff reduction was achieved across all BMW models in early 2008), and extend our auto business chain downstream into the aftermarket sector. The Group has completed the construction of a 100,000- unit facility catered for the Junjie FRV line of products, and is also in discussion with BMW regarding next phase capacity expansion for our joint venture. The Group will continue to enrich its product portfolio while actively exploring opportunities to further diversify our business beyond the existing automobile and components manufacturing business.”The forthcoming Annual General Meeting is proposed to be held at Victoria Room IV, Level 2, Four Seasons Hotel Hong Kong, 8 Finance Street, Central, Hong Kong on June 20, 2008.The Company, incorporated in Bermuda, was established in 1992 to own a 51% interest in Shenyang Automotive, a Sino-foreign joint venture enterprise established in 1991. Shenyang Automotive, located in Shenyang, the capital of Liaoning Province and the commercial center of the northeastern region of China, is the leading manufacturer of minibuses in China. In May 1998, the Company acquired a 51% equity interest in Ningbo Yuming, a wholly foreign- owned Chinese enterprise primarily engaged in the production of automotive components. Subsequently, in October 2004, the Company further acquired the remaining 49% equity interest in Ningbo Yuming. As a result, Ningbo Yuming became a wholly owned subsidiary of the Company. In May 1998, the Company also acquired a 50% equity interest in Mianyang Xinchen Engine Co., Ltd., a Sino-foreign joint venture manufacturer of gasoline engines for use in passenger vehicles and light duty trucks. In October 1998, June 2000 and July 2000, the Company established Xing Yuan Dong, Ruixing and Ruian, respectively, as its wholly owned subsidiaries to centralize and consolidate the sourcing of auto parts and components for Shenyang Automotive. In December 2000, the Company acquired a 50% equity interest in Shenyang Xinguang Brilliance Automobile Engine Co., Ltd., a Sino-foreign equity joint venture manufacturer of gasoline engines for use in passenger vehicles. In December 2001, the Company acquired 100% of the equity interests in Dongxing, a foreign-invested manufacturer of automotive components in the PRC. In December 2001, the Company established a 90%-owned Sino-foreign joint venture, Shenyang Xingchen Automotive Seats Co., Ltd. (”Shenyang Xingchen”), a manufacturer of automotive seats in the PRC. Shenyang Xingchen has ceased its operation since 2002.In April 2002, the Company established an indirect 75.5%-owned subsidiary, Jindong, to trade automotive components and scraps in China. In May 2002, Shenyang Automotive obtained the approval from the Chinese Government to produce and sell its Zhonghua sedans in China.In March 2003, the then indirect 81%-owned subsidiary of Company, Shenyang JinBei Automotive Industry Holdings Company Limited (”SJAI”), entered into a joint venture contract with BMW Holding BV to produce and sell BMW sedans in China. In April 2003, the Company, through its indirect 90%-owned subsidiary, entered into an agreement with the 10% shareholder of SJAI to acquire an additional 9% interest in SJAI. Upon completion, SJAI has become 89.1% indirectly owned by the Company and 10.9% directly and indirectly owned by the other shareholders. Accordingly, the Company’s effective interests in the joint venture with BMW increased from 40.50% to 44.55%. Further, in December 2003, the Company further increased its effective interest in SJAI from 89.1% to 99.0% and thereby increased its effective interest in the joint venture with BMW from 44.55% to 49.5%.In June 2003, the Company established a wholly owned subsidiary, ChenFa, to develop, manufacture and sell engine components in China.In December 2003, the Company entered into agreements in relation to the proposed acquisition of an indirect 33.1% interest in Shenyang JinBei Automotive Company Limited, the joint venture partner of Shenyang Automotive and the supplier of certain automotive components for its minibuses and sedans production. Upon completion of the proposed acquisition and approval from the relevant government authorities, the Company’s effective interests in Shenyang Automotive will be increased from 51.0% to approximately 63.9%. The transfer has been approved by the State-Owned Assets Supervision and Administration Commission of the State Council, and final approval by the China Securities Regulatory Commission is pending.In April 2004, the Company established an indirect 63.25%-owned subsidiary, Hidea Auto, a company engaged in the design and development of automobiles and the provision of consulting services in relation to the Chinese automotive industry.In December 2004, the Company established a direct & indirect 75.01%-owned subsidiary, Power Train, to manufacture and sell power trains for engines in China.In January 2006, the Company established an indirect 48%-owned joint venture, Shenyang Jinbei Vehicle Dies Manufacturing Co. Ltd., to manufacture and sell automotive components.Translation of amounts from Renminbi (RMB) to U.S. dollars (US$) for the convenience of the reader has been made at the rate of US$1.00=RMB7.62 for 2007 and US$1.00=RMB7.96 for 2006. No representation is made that the Renminbi amounts could have been, or could be converted into U.S. dollars at that rate or at any other rate. All financial information presented herein has been prepared in accordance with generally accepted accounting principles in the United States of America. BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2007, 2006 AND 2005 (Expressed in thousands of RMB, except for share and ADS data) Year ended December 31, 2007 2006 2005 RMB’000 RMB’000 RMB’000 (except for share and ADS data) Sales to third parties 10,994,675 9,067,505 3,859,151 Sales to affiliated companies 3,154,474 1,417,249 1,609,839 Total sales 14,149,149 10,484,754 5,468,990 Cost of sales (include purchase of goods and subcontracting charges from affiliated companies) (2007: RMB3,020,640,000, 2006: RMB2,317,393,000, 2005: RMB1,174,732,000) (13,049,107) (9,960,587) (5,011,955) Gross profit 1,100,042 524,167 457,035 Selling, general and administrative expenses (1,535,695) (1,384,718) (1,195,336) Interest expenses (203,263) (177,001) (182,354) Interest income 125,470 90,738 60,189 Equity in earnings of associated companies and jointly controlled entities, net 192,261 149,320 48,995 Subsidy income 140,081 50,176 3,139 Other income, net 179,706 106,150 43,650 Impairment loss on intangible assets — — (173,000) Impairment loss on goodwill — (73,343) (257,720) Loss before taxation and minority interests (1,398) (714,511) (1,195,402) Provision for income taxes (45,208) (47,879) (101,884) Minority interests 130,332 376,282 625,997 Net income (loss) 83,726 (386,108) (671,289) Other comprehensive income (loss) Fair value adjustment for securities available-for-sale 2,393 1,052 (27,227) Comprehensive income (loss) 86,119 (385,056) (698,516) Basic earnings (loss) per share RMB0.0228 RMB(0.1053) RMB(0.1830) Basic earnings (loss) per ADS RMB2.28 RMB(10.53) RMB(18.30) Diluted earnings (loss) per share RMB0.0227 RMB(0.1053) RMB(0.1830) Diluted earnings (loss) per ADS RMB2.27 RMB(10.53) RMB(18.30) Weighted average number of shares outstanding 3,669,022,064 3,668,390,900 3,668,390,900 Weighted average number of ADSs outstanding 36,690,221 36,683,909 36,683,909 Net income (loss) adjusted for the dilutive effect of convertible bonds 83,726 (386,108) (671,289) Weighted average number of shares outstanding adjusted for dilutive effect of stock options and convertible bonds 3,679,572,569 3,668,390,900 3,668,390,900 Weighted average number of ADSs outstanding adjusted for dilutive effect of stock options and convertible bonds 36,795,726 36,683,909 36,683,909The calculation of basic earnings (loss) per ADS is based on the weighted average number of ADSs outstanding during the periods presented.The calculation of diluted earnings (loss) per share (ADS) is based on the weighted average number of common shares (ADSs) outstanding.The effect of the assumed conversion of the potential stock outstanding for the years ended December 31, 2007, 2006 and 2005 from convertible bonds is anti-dilutive.The calculation of 2007 diluted earnings per share (ADS) is based on weighted average number of common shares (ADSs) outstanding plus the weighted average number of shares (ADSs) deemed to be issued as if all outstanding share options granted had been exercised.The weighted average number of ADSs outstanding is calculated based on the assumptions that all of the outstanding shares were held in the form of ADSs (at the ratio of 100 shares for each ADS). For further information contact: Lisa Ng Brilliance China Automotive Holdings Limited Tel: 852-2523-7227 Carol Lau Weber Shandwick Hong Kong Tel: 852-2533-9981Brilliance China Automotive Holdings Limited