Consumers Hold the Key to Margin Growth as Automotive Industry Faces Uncertain Times, According to New Survey From Cap Gemini Ernst & Young PARIS and DETROIT, Oct. 13 -- Consumers are not getting everything they want from automotive dealers and vehicle manufacturers, according to the fifth annual Cars Online study from ... Continue reading
China's Shanghai Auto January-September Sales Revenue Up 42%
SHANGHAI, Oct 14, 2003; Reuters reported that Shanghai Automotive Industry Corp, China's number-two auto maker, said on Tuesday car sales and output in the first nine months had leapt 41.7 percent as demand surged in the world's fastest-growing sedan market. The Shanghai-based firm sold and made 419,000 cars from Janua ... Continue reading
$3.5M AuraGen(R) VIPER Line Item Approved in FY04 Defense Budget
U.S. Army to Direct VIPER Research & Development Effort EL SEGUNDO, Calif., Oct. 13 -- Aura Systems, Inc. (BULLETIN BOARD: AURA) today announced that an AuraGen(R) VIPER line item has been established with the approval of the FY04 Defense Budget. The U.S. Army Tank-automotive and Armaments Command (TACOM) Research, Dev ... Continue reading
DETROIT, Oct. 13 -- Is the budget crisis fixed yet? Gov. Arnold will find plenty of challenges when he assumes control of the world's fifth-largest economy. And the man who made HUMMER a household name will have to solve plenty of other problems, including California's smog. How will Gov.-elect Schwarzenegger deal with ... Continue reading
American Stock Exchange Lists Common Stock of Transpro, Inc.
NEW YORK, Oct. 13 -- The American Stock Exchange(R) (Amex(R)) today listed the common stock of Transpro, Inc. under the ticker symbol TPR. Transpro, Inc. designs, manufactures and markets radiators, radiator cores, heater cores, air conditioning parts and other heat transfer products for Aftermarke and OEM automotive, ... Continue reading
PITTSBURGH--Oct. 13, 2003--Ansoft Corporation today announced the release of Ansoft Designer(TM) v1.1, software for the design of high-frequency electronic components, circuits and systems. The new version features a Solver on Demand(TM) link between Ansoft Designer and Ansoft's HFSS(TM), the industry-standard 3D elect ... Continue reading
WHO: BT is a leading information and communications technology (ICT) solutions provider, and has been providing its services and solutions in the United States since 1988. Syntegra, BT's systems integration consultancy group, plays a key role in BT's ICT strategy helping automotive customers to develop collaboration op ... Continue reading
COSTA MESA, Calif.--Oct. 13, 2003--Ceradyne, Inc. received a $14.3 million add-on order for small arms protective inserts (SAPI) for delivery in 2004, under an amendment to the $29 million SAPI order announced on September 29, 2003, bringing the total SAPI orders scheduled for 2004 delivery to more than $43 million. Th ... Continue reading
China Automotive Systems Hires Two Additional IR Firms
SHANGHAI, China--Oct. 13, 2003--China Automotive Systems, Inc. (OTCBB:CAAS) today announced it has retained two additional investor relations firms, NAI Interactive Ltd. and Insight Communications, Inc. CAAS has retained NAI Interactive Ltd to provide Investor Relations services for the Chinese community. NAI will help ... Continue reading
Dulles Greenway Surpasses $500,000 in Frequent Rider Program Checks to Customers
DULLES, Va., Oct. 13 -- The Dulles Greenway, the 14-mile privately owned toll road that extends from Dulles Airport to Leesburg, announced a new milestone for its VIP Miles frequent rider program. As of October 1, 2003, the Greenway has distributed over half a million dollars in VIP Miles bonus checks to its VIP Miles ... Continue reading
Motorock Trans-Am Tour Media Advisory--Puerto Rico Grand Prix Credential Form
MEDIA ADVISORY To: All Motorock Trans-Am Tour for the BFGoodrich Tires Cup Media From: Justin Anderson, Manager, Public Relations Re: Puerto Rico Grand Prix Credential Requests Attached is a PDF file to be used to request credentials for the Puerto Rico Grand Prix, Round 11 and the 2003 season finale for the Motorock T ... Continue reading
TROY, Mich., Oct. 13 -- PPG Total Service Solutions announced today that it recently secured its first Integrated Chemical and Process Management program with Toyota Motor Manufacturing de Baja California (TMMBC) for its future manufacturing facility near Tijuana, Mexico. PPG Total Service Solutions will assist the aut ... Continue reading
DETROIT--Oct. 13, 2003--Drivers no longer have to rely on cup holders or universal mounts to hold their most valued accessories in cars, trucks and SUVs. ProClip USA recently expanded its line of automotive mounts for the Apple iPod to securely hold the portable digital music players. In addition to other communication ... Continue reading
The Magni Group Acquires GDCS Coating Technology
BIRMINGHAM, Mich., Oct. 13 -- The Magni Group, a leading manufacturer of fastener, brake and fuel system coatings, has announced the acquisition of the coating technologies of GDCS Inc. GDCS is a manufacturer of specialty coatings, which complement The Magni Group's line of coating solutions. GDCS' world-class coating ... Continue reading
William G. Miller Elected Co-CEO, Debt Refinancing Status Described, New Accountants Engaged
CHATTANOOGA, Tenn., Oct. 13 -- Miller Industries, Inc. today announced today that William G. Miller, Chairman of the Board, was elected by the Board of Directors to the additional post of Co-Chief Executive Officer of the Company effective October 9, 2003. Mr. Miller will reassume this position, which he held during 19 ... Continue reading
FOREST CITY, Iowa--Oct. 13, 2003--Winnebago Industries, Inc., the nation's leading manufacturer of motor homes, will host a conference call on Thursday, October 16, 2003 at 10 am ET to discuss the results of its fourth quarter and fiscal year 2003 ended August 30, 2003. The Company will release its results on October 1 ... Continue reading
XM Satellite Radio Conference Call for Third Quarter 2003 Financial Results
WASHINGTON, Oct. 13 -- XM Satellite Radio has scheduled a conference call on Thursday, November 6, 2003 at 10:00 AM (EST) to announce and discuss its third quarter 2003 financial results. Prior to the call, XM Radio's quarterly financial results will be posted to the Company's website at www.xmradio.com as well as bein ... Continue reading
-- WHAT: Southern California-based high technology company teams with multi-billion dollar Korea-based international technology and industrial firm for global markets in alternative energy technologies for vehicles and distributed power generation. WHY: Enova Systems, Inc. and Hyundai Heavy Industries, Co. Ltd. of Kore ... Continue reading
Hastings Manufacturing Company to Launch New Line Of Hastings(R)-Branded Pistons
New line will offer broad coverage, more availability HASTINGS, Mich., Oct. 13 -- Hastings Manufacturing Co. (AMEX:HMF) today announced plans to introduce its new line of pistons under the Hastings(R) brand in early 2004. The Hastings, Michigan-based supplier of internal engine components said the new piston line will ... Continue reading
Chrysler Group's Monica Emerson Receives Oakland University's 'Odyssey Award'
AUBURN HILLS, Mich., Oct. 13 -- Monica Emerson, Chrysler Group Executive Director - Corporate Diversity Office, was recognized with an "Odyssey Award" from Oakland University in a ceremony on Saturday, October 11. The award honored alumni whose lives exemplify Oakland University's motto "to seek virtue and knowledge." ... Continue reading
Attention JG Fans: JEFF GORDON GO-KART CHALLENGE
MEDIA ALERT- AN EVENING WITH JEFF GORDON Four-time NASCAR Winston Cup Champion Jeff Gordon will host "An Evening with Jeff Gordon" on Wednesday, October 15, 2003 in Wilmington, North Carolina. Proceeds from "An Evening with Jeff Gordon" will go to The Jeff Gordon Foundation benefiting The Hendrick Marrow Program. When: ... Continue reading
TOLEDO, Ohio, Oct. 13 -- Dana Corporation today announced that it has been selected to supply suspension components, including ball joints and stabilizer arms, for the Honda Fit, Honda's newest vehicle for the South American market. (Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA) Manufactured in Brazil, the H ... Continue reading
COLORADO SPRINGS, Colo.--Oct. 13, 2003-- Advanced Engineering and Technology Provides Parents with a Safer Option for Transporting Infants It's well known that the rear seat of a motor vehicle is the safest place for an infant car seat. But what about the 22% of family households that use 2-seat vehicles such as pickup ... Continue reading
Engine Expires for Mears at Lowe's Motor Speedway; Double-Duty Weekend
Contact: Nealie Hamilton, Chip Ganassi Racing with Felix Sabates, cell: (704) 500-6068, nhamilton@ganassi.com <mailto:nhamilton@ganassi.com> For Immediate Release Engine Expires for Mears at Lowe's Motor Speedway CONCORD, N.C. (October 11, 2003) --- Engine trouble on the No. 41 Dodge forced Casey Mears to retire early ... Continue reading
LOS ANGELES--Oct. 13, 2003--CarsDirect.com, the leading Internet car-shopping service, today announced its October 2003 Best Bargains selections. While autumn and the new model season have historically been the time when manufacturers could forego aggressive incentives, that tradition has fallen prey to continued compe ... Continue reading
SAE Detroit Section to Introduce 2004 Pontiac GTO at November 12 Meeting
DETROIT--Oct. 13, 2003--"The GTO is the ultimate expression of Pontiac, and that means total performance," said Dave Himmelberg, GTO Program Engineering Manager and speaker at the SAE Detroit Section meeting on November 12, 2003. Also speaking at the event will be David Poniatowski, Pontiac Product Manager and Robert R ... Continue reading
American Honda Certifies ADP Dealer Services' Business Grade Internet Connectivity Solution
CHICAGO, Oct. 13 -- ADP Dealer Services is pleased to announce that American Honda has certified ADP's GetWired(TM) solution for Internet connectivity for Acura and Honda USA dealerships. ADP's GetWired solution includes business grade Internet connections with Cisco Systems (R) PIX firewall, network design and integra ... Continue reading
Delphi Introduces Mobile Navigation For Consumer Market
Product Available at Consumer Electronics Retailers Nation-wide Later This Month TROY, Mich., Oct. 13 -- Delphi Product & Service Solutions, part of Delphi Corp. , announced today the introduction of Delphi Mobile Navigation, a world-class GPS navigation unit (GPS) for the consumer market. This simple, easy to use, aes ... Continue reading
Experience Firsthand Continental's Anti-Rollover Technology - Electronic Stability Control (ESC)
Who: Safety experts and engineers from Continental, one of the world's leading automotive suppliers of high-tech safety technologies, and AAA representatives, will be on hand to discuss automotive safety and provide media and consumers a brief overview and a "hands-on" experience of this life-saving technology. What: C ... Continue reading
SCCA ProRally Championship's Rough Roads No Match for Mitsubishi Drivers
Michigan's Upper Peninsula Hosts Final Round of SCCA ProRally Championship CYPRESS, Calif., Oct. 13 -- For most drivers, the often- treacherous road conditions of Michigan's Upper Peninsula call for caution. But David Higgins and Lauchlin O'Sullivan aren't most drivers. The Team Mitsubishi Motorsports America rally dri ... Continue reading
Visteon Declares Fourth Quarter Dividend
DEARBORN, Mich., Oct. 13 -- The Board of Directors of Visteon Corporation has declared a quarterly dividend of $0.06 per share on the company's common stock. The dividend is payable on December 1, 2003, to shareholders of record as of October 31, 2003. Visteon has paid a dividend each quarter since it became an indepen ... Continue reading
Ford, Mazda Announce 21 Billion Baht Investment in Thailand
BANGKOK, Thailand, Oct. 13 -- Chairman and Chief Executive Officer Bill Ford announced today that Ford Motor Company and its affiliate Mazda Motor Corporation would invest an additional 21 billion Baht, or US$500 million, in its joint venture AutoAlliance Thailand (AAT). The additional investments will be made over the ... Continue reading
Denso to Make Car Air Conditioners in China
TOKYO October 9, 2003; In case you missed it Japan Today reported that Denso Corp said Thursday it will form a joint venture in Tianjin, China, by the end of this month to manufacture air conditioners for cars. To be capitalized at $12.25 million, Tianjin Fawer Denso Air-Conditioner Co will be owned 60% by Denso and th ... Continue reading
The Battle For Yopuir Ears Heats Up - Experimental Digital Radio Broadcasts In Tokyo and Osaka
TOKYO October 11, 2003; Japan Today reported that radio stations in Tokyo and Osaka on Friday began experimenting with terrestrial digital broadcasting services that offer compact-disk-quality audio and data broadcasts. The experiments, which air music and other programs for an average nine hours per day, will pave the ... Continue reading
Toyota produces vehicle with LED headlights
NAGOYA October 12, 2003; Japan Today reported that Toyota Motor Corp has test-manufactured an automobile that has powerful white light-emitting diodes (LEDs) for headlights and is set to unveil it at the Tokyo Motor Show later this month, Toyota sources said Saturday. The vehicle marks the first time for Toyota to use ... Continue reading
Japan's Used Vehicle Sales Down In First Half Of 2003
TOKYO October 12, 2003; Japan Today reported that sales of used motor vehicles in Japan totaled 2,568,586 units in the first half of fiscal 2003, down 0.8% from a year earlier, the Japan Automobile Dealers Association said Friday. On a first half basis, sales posted a year-on-year drop for the third consecutive year. ... Continue reading
Toyota to create nationwide sales firm in China
TOKYO October 12, 2003; Japan Today reported that Toyota Motor Corp will create a joint marketing firm with China's largest automaker and become the first foreign automaker to build a nationwide sales network in the country, a business daily reported Sunday. Toyota has reached a broad agreement with China FAW Group Cor ... Continue reading
Carmakers support SUV deductions - Duh;Senate wants to reduce small-business break- Duh
WASHINGTON October 12, 2003; Dee-Ann Durbin writing for the AP reported that the effort in the Senate to cut tax deductions for small businesses that buy sport-utility vehicles is running into opposition from automakers, who say the deductions are fair and should be expanded. The Senate Finance Committee quietly voted ... Continue reading
GM Daewoo to Buy Daewoo Powertrain From Daewoo Telecom and Woori Bank
SEOUL October 12, 2003; Dow Jones reported that GM Daewoo Auto & Technology Co., an affiliate of General Motors Corp. of the U.S., said Monday it has signed a preliminary agreement to acquire Daewoo Powertrain for $44 million from Daewoo Telecom. Daewoo Powertrain produces automatic transmissions for passenger cars and ... Continue reading
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