Hayes Lemmerz se hace con una participación mayoritaria en un 'joint venture' turco
NORTHVILLE, Michigan, November 13 -- Hayes Lemmerz International Inc. ha anunciado hoy la adquisición de una participación adicional del 35% en su 'joint venture' Jantas Jant Sanayi ve Ticaret A.S., con sede en Manisa (Turquía). Hayes Lemmerz posee ahora el 60% de la sociedad, que forma parte de su división europea ... Continue reading
2004 Cart Champ Car World Series Calendar Announced
INDIANAPOLIS, Nov. 13 -- CART Champ Car announced its 2004 schedule Thursday morning, unveiling a challenging slate of races for the Bridgestone Presents the Champ Car World Series Powered by Ford tour that again makes up the most diverse test in racing as drivers will face street circuits, temporary and permanent road ... Continue reading
Nissan Titan PU Ads Debut on Thanksgiving Day NFL Football
DETROIT--Nov. 13, 2003--Making its mark in the highly competitive full-size truck market, Nissan North America, Inc. (NNA) will launch the marketing campaign for its all-new 2004 Titan during NFL football on Thanksgiving Day (Nov. 27). The Titan, Nissan's first entry into the full-size truck market, goes on sale in ear ... Continue reading
Nissan Sets 2004 Titan Pricing - Full-Size Truck Starts at $22,400
- Nissan's First Entry in Full-Size Truck Market Offers Power, Innovation and Value - http://www.nissannews.com/nissan/news/pricing/Titan_MY04_MS RP.pdf Full Pricing Sheet DETROIT (Nov. 13, 2003) - Nissan North America, Inc. (NNA) today announced starting Manufacturer's Suggested Retail Prices (MSRP) of $22,400 and $25 ... Continue reading
DaimlerChrysler Receives the Lifetime Service Award From the Detroit Institute of Arts
AUBURN HILLS, Mich., Nov. 13 -- DaimlerChrysler will receive the Lifetime Service Award from the Detroit Institute of Arts (DIA) today. Accepting the award on behalf of the company will be Tom Sidlik, DaimlerChrysler Executive Vice President -- Procurement and Supply. The award, in its seventh year, is presented annual ... Continue reading
SEMA eNews Vol. 6, No. 44 - November 12, 2003 ******************************************** In this issue: SEMA Show Recap > SEMA Show 2003 New Product Award Winners > Banquet Pays Tribute to Award Winners, Hall of Fame > DaimlerChrysler, Ford and GM Design Award Winners > SEMA Conducts Satellite Media Tour > ARMO Honor ... Continue reading
Reflections on SEMA, APPEX and Oh Yeah Motorsports
Whew . . . Finally back from SEMA/AAPEX and the NHRA Finals . . . My bet is everyone had a great show, but 95% believe as I do that it is just getting TOO BIG. To those of you that I saw, it was great to see you . . . to those of you that I missed, my apologies, as it was not intentional. I felt a lot like a politician ... Continue reading
Review: 2004 Honda Civic Hybrid CVT
DRIVING DOWN THE ROAD WITH CAREY RUSS Transportation futurists are predicting that the automotive future belongs to electricity, with hydrogen fuel cells providing that power. Perhaps. But even the most optimistic observers don't expect commercial use of fuel cells before 2010. Until then expect to see more internal co ... Continue reading
AmeriCredit Prices $200 Million Convertible Senior Notes Offering
FORT WORTH, Texas--Nov. 12, 2003--AMERICREDIT CORP. announced today the pricing of its offering of $200 million aggregate principal amount of convertible senior notes to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and Regulation S under the S ... Continue reading
-- Celebrating the 35th anniversary of Hot Wheels(R) cars, Mattel Inc. hosted the inaugural induction of five automotive greats into the Hot Wheels(R) Hall of Fame last night. You can reach the story directly by going to http://www.newstream.com/cgi-bin/display_story.cgi?11327 This multimedia news story is for free and ... Continue reading
Pep Boys Announces Third Quarter EPS
PHILADELPHIA--Nov. 12, 2003--The Pep Boys - Manny, Moe and Jack , the nation's leading full-service automotive aftermarket chain, announced the following results for the thirteen weeks ended November 1, 2003. Pep Boys Chief Executive Officer, Larry Stevenson, commented, "This was our first positive comp sales quarter i ... Continue reading
AmeriCredit to Webcast Boston Investor Meeting
FORT WORTH, Texas--Nov. 13, 2003--AMERICREDIT CORP. will host a breakfast for investors on Friday, November 14, at 7:30 a.m. eastern standard time in Boston to discuss a general overview of the Company. A webcast of the event will begin promptly at 7:45 a.m. This event will be broadcast live for all interested parties ... Continue reading
Electrovaya's Award Winning All Electric Vehicle to be Exhibited
TORONTO--Nov. 13, 2003--Electrovaya Inc. (TSX:EFL) is pleased to announce that it will be exhibiting its prototype Maya-100 all electric, zero emission vehicle (ZEV) at the 20th International Electric Vehicle Symposium at Long Beach, California running from November 15th to 19th. Electrovaya is a world leader in portab ... Continue reading
Volvo Gets Bus Order From South Africa
STOCKHOLM November 13, 2003; Dow Jones is reporting that AB Volvo Thursday said it has received an order for 100 of its B7R bus chassis for South Africa. The order, from Remant/Alton Land Transport (PTY) Ltd., is for buses that will be used for public transport services in and around Durban on the east coast of South A ... Continue reading
Can China Auto Manufacturing Overcapacity Be Absorbed By Domestic Financing?
SHANGHAI November 13, 2003; Ben Blanchard writing for Reuters reported that U.S. auto giant General Motors Corp has become the first overseas car maker to apply to offer auto financing in China, hoping to rev sales higher in the world's fastest-growing major car market. GM will team up with an arm of its long-standing ... Continue reading
WASHINGTON November 13, 2003; Reuters reportes that the U.S. trade deficit widened in September to $41.3 billion, as the strengthening U.S. economy propelled imports from China and the rest of the world to record levels, the government said on Thursday. The trade gap was slightly larger than the mid-point estimate of $ ... Continue reading
Aura Appoints New Regional Sales Manager
EL SEGUNDO, Calif., Nov. 13 -- Aura Systems, Inc. (BULLETIN BOARD: AURA) today announced an expansion of its sales staff through the addition of a new regional sales manager. Cindi Eagleton has been appointed the new Aura Systems regional sales manager responsible for California, Nevada, Arizona, Utah, Colorado, New Me ... Continue reading
Johnson Controls Earns '2003 Corporate Citizenship Award' from Ford Motor Company
Company Earns Top Award from Automaker for Supporting, Developing Minority Firms in U.S. PLYMOUTH, Mich., Nov. 13 -- Johnson Controls was recognized by Ford Motor Company with its 2003 Corporate Citizenship Award for the supplier's strong commitment to supporting and doing business with minority-owned companies. (Logo: ... Continue reading
Simula Receives Additional Order To Provide Body Armor for U.S. Army
PHOENIX--Nov. 13, 2003--Simula Inc (AMEX: SMU), announced receipt of an approximately $21 million order for its small arms protective insert (SAPI) body armor. The new order was received from the U.S. Army's procuring agency, the Defense Supply Center Philadelphia. Shipments are scheduled to begin in January 2005. The ... Continue reading
Hastings Manufacturing Reports Third-Quarter Results
HASTINGS, Mich., Nov. 13 -- Hastings Manufacturing Co. (AMEX:HMF) today announced results for the third quarter ended September 30, 2003. The Hastings, Mich.-based piston ring manufacturer and engine-products specialist reported a net loss of $130,522, or $0.18 per diluted share, on net sales of $10.8 million for the t ... Continue reading
ArvinMeritor Reports Fourth-Quarter and Fiscal Year 2003 Results
TROY, Mich., Nov. 13 -- ArvinMeritor, Inc. today reported sales of $2.0 billion and net income of $33 million, or $0.48 per diluted share, for its fourth fiscal quarter ended Sept. 30, 2003, compared to last year's fourth-quarter net income of $41 million, or $0.61 per diluted share. Net income for the fourth quarter o ... Continue reading
Time to Enter 11th Annual Ford/AAA Auto Skills Contest
DEARBORN, Mich., Nov. 12, 2003; The Dec. 1 deadline is fast approaching for Michigan auto tech students to enter the competition for more than $7 million in scholarships and prizes in the 11th annual Ford/AAA Student Auto Skills National Quality Care Challenge. On March 4, 2004, teams from technical centers and high sc ... Continue reading
S Korea LG Elec To Provide Handset Systems For GM Cars
SEOUL November 13, 2003; Dow Jones reported that South Korea's LG Electronics Inc. Thursday said it will provide handset systems to allow telematic services in two General Motors Corp. car models. The company didn't disclose the financial terms of the deal. Telematics refers to automobile systems that combine Global Po ... Continue reading
American Tire Distributors Posts Strong Third Quarter Results; Third Quarter Sales Increase 4.2%
CHARLOTTE, N.C.--Nov. 12, 2003--American Tire Distributors, Inc., a nationwide distributor of tires, wheels and automotive accessories, today announced its operating results for the quarter ended September 27, 2003. The Company's third quarter net income increased to $5.5 million from $3.3 million in the third quarter ... Continue reading
MEDIA ALERT****MEDIA ALERT****MEDIA ALERT GOODGUYS ROD & CUSTOM ASSOCIATION'S K&N FILTERS/GOODGUYS 6th SOUTHWEST NATIONALS Racing Legend Mario Andretti Plus Thousands of Street Rods, Customs and Classics Expected for Annual Scottsdale Event -- November 15 - 16 WHEN: Saturday -- Sunday, November 15-16, 2003 8 a.m. -- 5 ... Continue reading
ST. PETERSBURG, Fla., Nov. 12 -- Greased Lightning, Inc. a leader in automotive chemicals and additives and supplier to top automotive stores, congratulates the winners of their O'Reilly Automotive scholarship programs as they start their college education this fall. The program awarded four $1,000 scholarships to dese ... Continue reading
Travis Boats Announces New Real Estate Agreements and Update
AUSTIN, Texas, Nov. 12 -- Travis Boats & Motors, Inc. ("Travis Boats") today announced it has entered into a new $5.3 million real estate loan covering seven of its store locations. The financing package will provide the Company with over $1.0 million of incremental working capital and fully repay the Company's remaini ... Continue reading
DaimlerChrysler Signs Letters of Intent to Strengthen Its Ability to Export Vehicles to China
AUBURN HILLS, Mich., Nov. 12 -- DaimlerChrysler, in the presence of the Chinese Vice Minister of Commerce, Ma Xiuhong, signed letters of intent today strengthening the Company's ability to export and distribute passenger vehicles to China from North America. (Logo: http://www.newscom.com/cgi-bin/prnh/20020212/DCXLOGO ) ... Continue reading
Fabtech Motorsports Sweeps SEMA Show With Two New Product Awards
CHINO, Calif., Nov. 12 -- Fabtech Motorsports, an aftermarket automotive manufacturer specializing in performance suspension systems for 2 & 4 Wheel Drive Light Trucks/SUVs, has been recognized as an industry leader at the SEMA Show in Las Vegas with the issuance of two prestigious awards. Fabtech's first award was pre ... Continue reading
Surging Post-War Iraqi Market for Car Imports
WALTHAM, Massachusetts and LONDON, November 13 -- Global Insight Analysis Suggests Post-War Surge to 300,000 Units for Light Vehicle Imports to Iraq Global Insight, Inc., a private company formed to bring together the two most respected economic and financial information companies in the world, DRI and WEFA, today anno ... Continue reading
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