Cap Gemini Ernst & Young Report: Auto Makers Way Off Target Communicating With Buyers
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
GM Expects U.S. Car Sales to Slow in 4th Quarter
Wednesday 11:53 am ET By Newswires CHICAGO October 15,2003; Ann Keeton writing for Dow Jones reported that Executives at General Motors Corp. said Wednesday they are optimistic that sales momentum in the third quarter can keep its automotive operations in the black through the end of the year. Still, the company expect ... Continue reading
Harley-Davidson Reports Record Third Quarter Earnings
MILWAUKEE, Oct. 15 -- Harley-Davidson, Inc. today announced record earnings for its third quarter ended September 28, 2003. Third quarter diluted earnings per share (EPS) were 62 cents, a 14.8 percent increase compared with last year's 54 cents. Revenue for the quarter was $1.134 billion, which compares to $1.135 billi ... Continue reading
Got Snow, In Deep Freeze? Goodyear Says 'Brrrring it On!'
AKRON, Ohio, Oct. 15 -- Winter seers calling for a frigid winter and piles of snow? Better get out the long johns and Goodyear Ultra Grips. Weather prognosticators, including the formidable Farmer's Almanac, predict another cold winter on the way. New England residents say junco birds are showing up early at birdfeeder ... Continue reading
AutoTrader.com Launches Spotlight Ads
New Listing Enhancement Ensures More In-Market Customers See Chosen Vehicles ATLANTA, Oct. 15 -- AutoTrader.com, the number one automotive classifieds site on the planet, today announces the launch of its new Spotlight Ads product for dealers. Paying dealers with AutoTrader.com can now market vehicles in a new type of ... Continue reading
Wheldon Wins IRL Rookie of the Year Award
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What to Do When Your Teenager Asks: 'Can I Borrow the Car?'
GEICO Hosts Lakeland Video Premiere Oct. 20 To Provide Traffic Safety Officials With Lesson Plan For Safe Driving Media is invited to attend this premiere. LAKELAND, Fla., Oct. 15 -- What is one of the scariest questions your teen driver might ask? At the top of the list is, "Can I borrow the car?" GEICO has invited 57 ... Continue reading
Mercedes-Benz Credit Restructures Operations to Strengthen Customer Focus
* Closer alignment with sales and marketing operations of Mercedes-Benz USA * Operational efficiencies gained * Managing Directors announced * Transition to begin Q2 of 2004 FARMINGTON HILLS, Mich., Oct. 15 -- Mercedes-Benz Credit (MBC), a business unit of DaimlerChrysler Services North America LLC, announced today a n ... Continue reading
DETROIT, Oct. 15 -- Chrysler Group and Chrysler Financial, a business unit of DaimlerChrysler Services, will join a slate of nationally renowned musicians and their fans this Saturday, October 18, at 7 p.m., to boogie to blues, jazz, ragtime, folk and boogie woogie sounds at the Motor City Boogie Woogie and Blues Festi ... Continue reading
Consumers Rank Michelin Highest in J.D. Power and Associates Satisfaction Study of Replacement Tires
GREENVILLE, S.C., Oct. 15 -- Michelin North America, Inc. for the fourth consecutive year was ranked highest in customer satisfaction by consumers who purchased replacement tires for cars and light trucks, according to the J.D. Power and Associates 2003 Replacement Tire Buyer Behavior and Satisfaction Study, http://www ... Continue reading
Sorenson Crowned $50,000 Rookie Champion at Nashville
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AAA Reports Starting a Car on a Cold Morning Can Be Made Easier
MINNEAPOLIS, Minn., Oct. 15 -- During AAA Car Care Month in October, AAA reminds motorists that, although today's vehicles are more reliable than older models, some things never change -- frost still forms on windshields, door locks ice up and batteries run down. "Coping with the minor difficulties of getting our vehic ... Continue reading
GM 3Q Profitable; BUT Automotive Earnings Down Sharply
DETROIT October 15, 2003; John Porretto writing for the AP reported that General Motors Corp. earned $425 million in the third quarter, in contrast to a loss of $804 million a year ago, but automotive earnings fell sharply because of intense pricing pressure in North America and unfavorable exchange rates overseas. The ... Continue reading
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XPart offers Trafficmaster's Smartnav, as approved accessory across all MG and Rover models
Cranfield, Bedfordshire, UK, October 15 -- XPart, the parts subsidiary of Phoenix Venture Holdings, announces today that it will be offering Trafficmaster's Smartnav, the latest innovation in satellite navigation, as an approved accessory across all MG and Rover models. Smartnav is an advanced and easy to use satellite ... Continue reading
Kelley Blue Book Names Top 10 2004 Model Vehicles to Best Retain Their Value
IRVINE, Calif., Oct. 15 -- Kelley Blue Book, ( www.kbb.com ) the trusted resource for vehicle information, is releasing its Top 10 list of 2004 model year vehicles that will best retain their value over the next five years. This year's list has been segmented by overall retention value and by vehicle category. Based on ... Continue reading
Astris Energi is Top Gainer in Shareholder Value Among 16 Publicly Traded Fuel Cell Companies
MISSISSAUGA, Ontario, Canada--Oct. 15, 2003--Astris Energi Inc. (OTC BB: ASRNF), leading developer of alkaline fuel cell technology, was the only one of 16 publicly traded North American fuel cell companies reporting an increase in shareholder value during 2002, posting a gain of 249 percent over the 2001 figure. This ... Continue reading
Fiat Targets Selling 100,000 New "Idea" Units In 04
FLORENCE, Italy October 14, 2003; Dow Jones reported that Italian automaker Fiat SpA Chief Executive Giuseppe Morchio said Tuesday the company hopes to sell 100,000 of its new " Idea" station wagons annually starting from 2004. The car is a key component in Fiat's plan to return its core carmaking unit to operating pro ... Continue reading
Chrysler makes "size matters" pitch for new SUV
DETROIT, Oct 14, 2003; Reuters reported that the Chrysler unit of DaimlerChrysler AG (XETRA:DCXGn.DE - News; NYSE:DCX - News) is hoping that a bit of bathroom humor will help boost sales of its all-new Dodge Durango sport utility vehicle. In a new TV ad, due to begin airing next month, two men standing at bathroom urin ... Continue reading
Engineer Nicholas J. Gianaris Honored as ASM Fellow
DEARBORN, Mich., Oct. 14 -- Dr. Nicholas Gianaris, lightweight materials specialist at Visteon Corporation , will be honored as an American Society for Materials (ASM) Fellow for 2003 on Tuesday, October 14 in Pittsburgh, Pennsylvania. (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) ASM established the ... Continue reading
SmarTire Signs Co-Development, Marketing and Supply Agreements with Haldex
Contracts establish a global distribution channel for Company's commercial vehicle products RICHMOND, BC, Oct. 14 -- SmarTire Systems Inc. (OTCBB: SMTR) announced today that it has signed a co-development and marketing agreement and a supply agreement with Haldex Brake Products Limited. Under the terms of these agreeme ... Continue reading
US Government Report Says Lighter Motor Vehicles Riskier
NEW YORK October 15, 2003; Dow Jones reported that motorists in crashes are most likely to die in mid-size sport-utility vehicles, light pickups and small four-door sedans, according to a U.S. government study, The Washington Post reports in its Wednesday edition. The National Highway Transportation Safety Administrati ... Continue reading
Students Reduce Incidents of Driving under the Influence
-- Awards Presented at a National Conference in Austin Who: AAA Texas presents $1,000 awards to Texas A&M University Department of Student Life and the SWAT program of Texas State University, San Marcos. What: The U.S. Department of Education's National Meeting on Alcohol and Other Drug Abuse in Higher Education will b ... Continue reading
PolkOne Provides Unmatched Auto, Credit Lending Offers SOUTHFIELD, Mich., Oct. 14 -- R. L. Polk & Co. and the Masada Direct Corporation today announced a strategic alliance to further the success of PolkOne, an innovative, automotive credit solution offering and ultimate locater of qualified buyers for pre-approved len ... Continue reading
Jamie McMurray Martinsville Speedway Race Advance
Media Contact: Jason Wise Chip Ganassi Racing (704) 500-6121 jwise@ganassi.com <mailto:jwise@ganassi.com> Jamie McMurray, No. 42 Havoline Dodge Old Dominion 500 Race Advance RACE INFORMATION: EVENT: Old Dominion 500 (Race 32 of 36) TRACK: Martinsville Speedway QUALIFYING: Friday, October 17 at 3:05 p.m. EST RACE: Sunda ... Continue reading
NASCAR #10 Benson Martinsville Preview
Benson On Martinsville: #10 Valvoline Pontiac driver Johnny Benson wouldn’t change a thing if he had to do last October's Martinsville NASCAR Winston Cup race all over again. But, that doesn’t mean he hasn’t thought about it. Benson finished second at Martinsville last fall. In the final few laps he c ... Continue reading
DVS Korean Subsidiary Launches New Line of Car DVD Products
PALO ALTO, Calif., Oct. 14 -- Digital Video Systems, Inc. announced today that DVS Korea (DVSK) is in commercial production of two new DVD products geared to the automotive aftermarket with a third slated for full production at the end of November. Production on the DSV-800 series of car DVD loaders and the VXM-2000 se ... Continue reading
Capital Automotive Announces 23rd Consecutive Increase in Quarterly Dividend
MCLEAN, Va., Oct. 14 -- Capital Automotive REIT , the nation's leading specialty finance company for automotive retail real estate, today announced that its Board of Trustees has declared a quarterly cash dividend of $0.4140 per share for the third quarter ending September 30, 2003. The dividend is payable on November ... Continue reading
Cima Is First Vehicle Manufactured by Nissan Motor Co. to Offer CCS in Japan DEARBORN, Mich., Oct. 14 -- Amerigon Incorporated today announced that its proprietary Climate Control Seat(TM) (CCS(TM)) has been selected as an option for the new Nissan Cima luxury sedan sold in Japan. The Cima shares the same features as t ... Continue reading
Automakers to exhibit environment-tech cars
TOKYO October 15, 2003; Japan Today reported that major Japanese automakers unveiled Tuesday outlines of the exhibits they plan to stage at next week's Tokyo Motor Show, with many intending to showcase passenger cars featuring environmental and information technologies. The 37th Tokyo Motor Show, to be held at Makuhari ... Continue reading
A.O. Smith Announces Third Quarter Earnings of $.20 Per Share
MILWAUKEE, Oct. 14 -- A.O. Smith Corporation today announced third quarter net earnings of $6.0 million or $.20 per share, in line with the estimate announced in September but lower than third quarter 2002 net earnings of $10.0 million or $.34 per share. Sales for the quarter ended Sept. 30 were $356.4 million, $4 mill ... Continue reading
Media Advisory: Ford Gives Consumers A 'Jumbo' Size Opportunity To 'Make It Big On Broadway'
WHAT: Thousands of New Yorkers show their support for breast cancer awareness on one of the most famous televisions screens in the world. WHEN: Wed., Oct. 15, from 4:00 p.m. until 7:30 p.m. WHERE: ABC/Times Square Studios at 44th/Broadway in New York City SUMMARY: As part of its effort to raise more than one million do ... Continue reading
Johnson Controls Anticipates Record Sales and Earnings for 2004; Sets Financial Goals
MILWAUKEE, Oct. 14 -- Johnson Controls, Inc. today announced that it expects to achieve record sales and earnings for fiscal 2004 due to strong growth in both the automotive and controls markets. (Logo: http://www.newscom.com/cgi-bin/prnh/20030423/JCILOGO ) John M. Barth, President and Chief Executive Officer, said tha ... Continue reading
Arie Luyendyk, Jr. Post-Texas Report
ARIE LUYENDYK, JR. RACE REPORT For Immediate Release October 11, 2003 IRL Menards Infiniti Pro Series' Most Popular Driver, Arie Luyendyk, Jr., Concludes 2003 With An Exciting Weekend In Wild, Wild Texas -- fast practices, a pole position and a race-winning performance get interrupted by spectacular crash -- INDY RACIN ... Continue reading
Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, Ind.--Oct. 14, 2003--The Board of Directors of Cummins Inc. today declared a quarterly common stock cash dividend of 30 cents per share, payable on December 1, 2003, to shareholders of record on November 14, 2003. Cummins Inc., a global power leader, is a corporation of complementary business units that desig ... Continue reading
Terry Borcheller - Petit Le Mans preview
new home track Terry Borcheller will race at his new home track this week, as he competes in the Petit Le Mans, final race in the 2003 American Le Mans Series. The 1000-mile race will run Oct. 18 on the 2.54-mile Road Atlanta road course in Braselton, Ga. Borcheller and his family will move from Phoenix to Gainesville, ... Continue reading
Sand Dunes to ALMS Success - Petersen Motorsports White Lightning Racing Knows About Endurance
Sand Dunes to ALMS Success - Petersen Motorsports/ White Lightning Racing Knows About Endurance BRASELTON, Ga., October 14, 2003 - The Baja Peninsula in Southern California and Northern Mexico may seem like a different world from the pine tree-lined hills of Road Atlanta. However, for Petersen Motorsports/ White Lightn ... Continue reading
David Robinson to Speak at Toyota's 14th Annual Opportunity Exchange
Annual Business Conference, Trade Fair Has Generated Over $75 million in Contracts for Minority Suppliers ERLANGER, Ky., Oct. 14 -- David Robinson, the recently retired "Admiral" of the San Antonio Spurs, will serve as keynote speaker during Opportunity Exchange 2003, a minority business conference and trade fair hoste ... Continue reading
AAA Reports Gas Prices Fell Since Mid-September
MINNEAPOLIS, Oct. 14 -- The nationwide average price of self- serve regular gasoline has declined 12.4 cents per gallon since mid-September and now averages $1.565. In addition, after reaching a new record high price of $1.737 per gallon on August 30, 2003, the nationwide average pump price has fallen 17.2 cents. "The ... Continue reading
Delphi Appoints Three New US Regional Sales Managers For Integrated Service Solutions
TROY, Mich., Oct. 14 -- Delphi Integrated Service Solutions, a business unit of Delphi Product & Service Solutions, part of Delphi Corporation , announced three new regional managers in the US. Kelley Killgore is named western regional manager, Carl Boyer is appointed manager for the central region, and Dan Hubbard wil ... Continue reading
Average Gas Price Falls Nearly Twelve Cents Since a Month Ago: AAA Texas Monthly Fuel Gauge Report
HOUSTON--Oct. 14, 2003--The statewide average price for self-serve regular gasoline has declined nearly 12 cents a gallon since a month ago. The current monthly average in Texas is 1.397, compared to September's average of $1.512. Last October, the monthly average was $1.385, only 1.2 cents higher than the current mont ... Continue reading
Amcast Reports Positive Net Income in Fiscal 2003 Fourth Quarter
DAYTON, Ohio--Oct. 14, 2003--Amcast Industrial Corporation (OTCBB:AICO) today reported financial results for its fiscal 2003 fourth quarter and full year ended August 31, 2003. Profitability increased in the fiscal fourth quarter even as sales declined. Fiscal fourth quarter sales of $100.7 million declined by 6.3% com ... Continue reading
Carlisle Companies Reports a 23% Increase in Third Quarter Earnings
CHARLOTTE, N.C.--Oct. 14, 2003--Carlisle Companies Incorporated reported net earnings of $24.5 million, or $0.80 per share (diluted) on record third quarter sales of $550 million, a 10% increase over third quarter 2002 net sales of $500 million. Net earnings were 23% above the third quarter 2002 net earnings of $19.9 m ... Continue reading
Tenneco Automotive's Exclusive Kinetic(R) Suspension Technology to Debut On 2004 Lexus GX 470 SUV
LAKE FOREST, Ill., Oct. 14 -- Tenneco Automotive announced that its patented Kinetic(R) suspension technology will be featured on the 2004 Lexus GX 470 sport utility vehicle. Lexus -- the luxury division of Toyota -- is launching its Kinetic Dynamic Suspension System, a version of the Kinetic(R) Reversible Function Sta ... Continue reading
Jones Appointed V.P., Heavy Duty Sales And Marketing For Delco Remy
16-Year Company Veteran to Oversee Growing Roster of Original Equipment, Aftermarket Customer Relationships ANDERSON, Ind., Oct. 14 -- Kent D. Jones has been appointed vice president of heavy duty sales and marketing for Delco Remy, the global leader in advanced electrical systems, starters, alternators and batteries f ... Continue reading
Teradyne Reports Third Quarter Results
BOSTON--Oct. 14, 2003--Teradyne, Inc. reported sales of $329 million for the third quarter of 2003, and a net loss on a Generally Accepted Accounting Principles (GAAP) basis of $53.5 million, or $0.28 per share. The pro forma net loss for the third quarter of 2003 was $26.8 million, or $0.14 per share before special ch ... Continue reading
Saturn Corporation and Dealix Corporation Forge Internet Sales Lead Partnership
REDWOOD CITY, Calif., Oct. 14 -- Saturn Corporation, the industry leader in innovative customer service, and Dealix Corporation, the market expert and leader in automotive Internet marketing services, today announced a partnership that will connect Saturn retailers with online car buyers via Dealix Corporation's Lead T ... Continue reading
LOS ANGELES--Oct. 14, 2003--For hundreds of thousands of LA commuters without a ride to and from work, Flexcar provides needed access to transportation, and better yet -- a reserved parking spot. Flexcar has more than 25 vehicles parked throughout downtown LA, Pasadena, Burbank, Santa Monica and Long Beach available fo ... Continue reading
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