Court Rules Against Kerkorian in Daimler Chrysler Merger Of Equals Lawsuit
Court Official Rules DaimlerChrysler Didn't Intentionally Withhold Notes From Kirk Kerkorian WASHINGTON January 12, 2003; Dee-Ann Durbin writing for the AP reported that DaimlerChrysler AG did not intentionally withhold nearly 70 pages of notes and other documents from investor Kirk Kerkorian in his lawsuit against the ... Continue reading
Oshkosh Truck Named To Fortune Investor's Guide 2004; ''The Top Picks from 50 Great Investors''
OSHKOSH, Wis.--Jan. 12, 2004--Oshkosh Truck Corporation , a leading manufacturer of specialty trucks and truck bodies, announced today that the company was recognized within Fortune's Investor's Guide 2004, the December 29, 2003 issue. To develop the Investor's Guide for 2004, Fortune sought the best 50 performing fund ... Continue reading
Designated Driver Program Offers Responsible Alternative SAN DIEGO, Jan. 12 -- "Responsibility Has Its Rewards" was the message to San Diego fans as the San Diego Chargers, Centerplate, the NFL, and the TEAM Coalition joined forces to get the word out to fans about the importance of responsible drinking and always usin ... Continue reading
Oshkosh Truck Named to Forbes' Best Managed Companies in America
OSHKOSH, Wis.--Jan. 12, 2004-- Five-year average total return of 37.5% tops capital goods category Oshkosh Truck Corporation , a leading manufacturer of specialty trucks and truck bodies, announced today that the company was named one of the Best Managed Companies in America by Forbes Magazine. "These companies exude e ... Continue reading
DEERFIELD BEACH, Fla.--Jan. 12, 2004--Southeast Toyota Distributors, LLC (SET) continues its aggressive effort to reach the vital Hispanic population of South Florida with the launch of its 2004 Hispanic advertising retail campaign entitled "El Valet" (The Valet). The integrated advertising campaign includes six televi ... Continue reading
DOUG MAHLIK RETURNS TO ASA RACING
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Alcoa Chief Technical Officer Among Top 25 'Indian Technical & Management Leaders'
-- New UN-Sponsored Book Profiles IIT Alumni -- UPPER BURRELL, Pa., Jan. 12 -- Dr. Mohammad A. Zaidi, Chief Technical Officer and Vice President, Alcoa, is profiled in a new United Nations-sponsored book entitled IIT: India's Intellectual Treasures, a "behind the scenes" look into India's prestigious Indian Institutes ... Continue reading
American Standard's Earnings Conference Call Set For Jan. 26
PISCATAWAY, N.J., Jan. 12 -- American Standard Companies Inc. will hold its fourth quarter/2003 earnings conference call on Monday, Jan. 26, at 9:30 a.m. (EST). Fred Poses, chairman and CEO, and Peter D'Aloia, senior vice president and CFO, will review the company's financial performance as well as its progress with ke ... Continue reading
SANTA ANA, Calif.--Jan. 12, 2004--This year, powersports fans, manufacturers and dealers are coming together to celebrate a common passion: motorcycles. The popular Cycle World International Motorcycle Shows(R) presented by Toyota Trucks (IMS) will be at the Cobb Galleria Centre, in Atlanta, January 16-18, 2004. Ticket ... Continue reading
ELKHART, Ind.--Jan. 12, 2004--CTS Corporation will release earnings for the fourth quarter and full-year 2003 at approximately 6:30 p.m. (EST) on Monday, January 26, 2004. A conference call to discuss fourth quarter and full-year 2003 financial results is scheduled for Tuesday, January 27, 2004, at 11:00 a.m. (EST). Th ... Continue reading
Dollar Thrifty Automotive Group Canada Acquires Dollar Vancouver Franchise
Acquisition Part of Company's Successful Growth Plan - Locations in Eight Major Canadian Markets Now Operated Corporately TORONTO, Jan. 12 -- Dollar Thrifty Automotive Group, Inc. announced today that its subsidiary, Dollar Thrifty Automotive Group Canada Inc. (DTAG Canada) has acquired the Dollar Rent A Car franchise ... Continue reading
Exide Technologies Battery Supply Takes Off with Scandinavian Airlines System
PRINCETON, N.J., Jan. 12 -- Exide Technologies, (BULLETIN BOARD: EXDTQ) ( www.exide.com ), a global leader in stored electrical-energy solutions, has secured a large order for motive power batteries and a complete battery maintenance system from Scandinavian Airlines Systems (SAS), the consortium of three national airl ... Continue reading
DETROIT, Jan. 12 -- For those who can't satisfy their need for speed, the North American International Auto Show provides the fix. In this week's wrap-up special report, TheCarConnection provides a look at all the supercars, muscle cars, minicars and more. Chrysler delivered the show-stopper with its 800-horsepower, V- ... Continue reading
TOLEDO, Ohio, Jan. 12 -- Dana Corporation announced today that it has been awarded a multi-year contract to supply a new coupling device designed to work with new, more corrosion-resistant brake lines. The mechanical lock will be used on the brake lines for the redesigned Dodge Caravan and Chrysler Town & Country miniv ... Continue reading
Universal Automotive Acquires Certain Assets of TRW Automotive's Kelsey-Hayes Subsidiary
--Transaction Nearly Doubles Size of Universal, Provides Economies of Scale, Enhances Operating Efficiencies-- ALSIP, Ill., Jan. 12 -- Universal Automotive Industries, Inc. , a leading manufacturer and distributor of aftermarket brake parts, announced today that its Universal Automotive, Inc. subsidiary has completed t ... Continue reading
Who Tries Harder? Avis Customers Confirm That Avis Employees Do!
Customers Shared Their Real-Life "We Try Harder" Stories for the Chance to Win a Free SUV Visitors Can Log Onto www.wetryharder.com to Read the 40 Winning Customer Testimonials PARSIPPANY, N.J., Jan. 12 -- Why would an Avis employee drive a desperate customer to the local Western Union office before even renting him a ... Continue reading
Forbes Automotive Reporters Forecast Industry Trends for 2004
RESEARCH TRIANGLE PARK, N.C., Jan. 12 -- Automotive industry reporters from Forbes Magazine will discuss the industry outlook and trends for 2004 with automotive public relations professionals on Wednesday, Jan. 28, at Dana Corp., Farmington Hills, Mich. Presented by the Automotive Public Relations Council (APRC), the ... Continue reading
Amicus Union Seeks Meeting with Nissan
LONDON, January 12 -- Amicus, the trade union that represents car workers at the Nissan car plant in Sunderland, Wearside, has written to the Company today seeking an urgent meeting to discuss and clarify remarks made last week by the Nissan President and Chief Executive Carlos Ghosn. Duncan Simpson, the Amicus Nationa ... Continue reading
Land Rover Factory's Amicus Union Members Schedule 24 Hour Stoppage
LONDON, England, January 12 -- For Attention: News/business/political/industrial desks Car workers represented by the Amicus trade union at Land Rover will be staging a 24 hour strike on the 26th January as part of their action to reject the Company's pay offer. The West Midlands workforce at the Solihull and Gaydon pl ... Continue reading
AutoTrader.com Renews Sponsorship of NCAA Basketball on CBS
Fourth Season with NCAA Includes Air Time During March Madness, Final Four ATLANTA, Jan. 12 -- AutoTrader.com, the world's largest automotive marketplace, announced today its ongoing commitment to nationwide brand marketing and advertising with its planned broadcast sponsorship of the NCAA on CBS. Beginning January 31 ... Continue reading
George Dettloff Appointed President, Automotive Division - North America, for SKF
PLYMOUTH, Mich., Jan. 12 -- George W. Dettloff has been appointed president, Automotive Division, North America for SKF, a major manufacturer of seals and bearings for the automotive industry. In his new position he will oversee all of the division's North American original equipment and aftermarket operations, includi ... Continue reading
Championship Auto Racing Teams, Inc. Announces Resignations From Board of Directors
INDIANAPOLIS, Jan. 12 -- Championship Auto Racing Teams, Inc. (the Company) (BULLETIN BOARD: CPNT.OB) announced today that James F. Hardymon, James A. Henderson, Rafael A. Sanchez and Frederick T. Tucker resigned as members of the Championship Auto Racing Teams, Inc. Board of Directors, effective January 9, 2004. Chris ... Continue reading
QAD Auto Plant Software Sales In China Explode
SHANGHAI, Jan 12, 2004: Ben Blanchard writing for Reuters reported that U.S. factory software maker QAD expects sales in China to leap 50 percent in fiscal 2004 and by more than a fifth every year in the next decade, powered by an auto sector accelerating towards being a global export base. Car plants sprouting up acro ... Continue reading
General Motors Corp. recalls more than 800,000 cars for power steering repairs
DETROIT January 12, 2004; The AP reported that General Motors Corp. is recalling more than 800,000 cars because of a power steering defect that has led to at least eight injuries. About 750,000 cars in the United States and about 55,000 in Canada are involved. All were made between Jan. 1, 1996, and Oct. 31, 1997, GM s ... Continue reading
GKN Driveline Unveils Fresh New Look at India's Auto Expo
NEW DELHI, India--Jan. 12, 2004--A new name and vibrant fresh colours for GKN's automotive group will debut here at India's largest automotive show -- Auto Expo. GKN Driveline, formerly known as GKN Automotive Driveline Division, is the world's largest supplier of automotive driveline components and has more than 400 e ... Continue reading
Tundras Continue Daytona Testing; Look Towards Inaugural Race
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CHESHIRE, England & TROY, Mich.--Jan. 12, 2004-- DriveWorks, a developer of knowledge based engineering software for SolidWorks, and FISHER/UNITECH, a Michigan-based engineering technologies firm, announced a partnership to deliver QuickDesign Powered By DriveWorks, a customized solution for knowledge based engineering ... Continue reading
ROSELAND, N.J.--Jan. 12, 2004--Expand Networks, the leading provider of WAN compression and acceleration appliances, announced today that Renault Distributors has invested in the Expand ACCELERATORs to guarantee the optimal performance and central distribution of networked customer services involving Kerridge, an autom ... Continue reading
SACRAMENTO, Calif., Jan. 12 -- GenCorp Inc. announced today that it is seeking to raise, subject to market and other conditions, $100,000,000 through a private placement of contingent convertible fixed rate subordinated notes. The Company may raise up to an additional $25 million if one of the initial purchasers exerci ... Continue reading
INTERMET Announces Plans to Close Havana Foundry
Capacity rationalization and cost reduction cited as factors TROY, Mich., Jan. 12 -- INTERMET Corporation announced today that it intends to close its Havana Foundry in Havana, Illinois, during the second quarter of this year. The company said the closure is necessary to rationalize excess production capacity and reduc ... Continue reading
Digital Workflow Solution with Two-Way DMS Integration Speeds Customers Through the F&I Process, Reduces Rating Errors and Enables a Compliant Product Presentation Leading Third-Party Administrator National Auto Care Corporation Adapts NAT eGateway(TM) with Menu Selling to Better Service Its Customers DEARBORN, Mich., ... Continue reading
Seeing the World through PPG Glass, an Advisory by Industrialinfo.com
-- Researched by Industrialinfo.com (Industrial Information Resources Incorporated; Houston, Texas). That drab tinted green window that you've become accustomed to looking through on your windshield is a thing of the past. Automotive glass technologies have leaped to the forefront of designer priorities and tools. Even ... Continue reading
CallCommand Releases New Technology to Help Auto Dealers
CINCINNATI--Jan. 12, 2004--CallCommand(TM), a leading provider of web-based communication solutions to automotive retailers nationwide, today announced the release of Community Safe, new technology linking dealership and community to improve safety, promote awareness and enhance communication to customers and prospects ... Continue reading
Freudenberg-NOK and Partners Awarded More Than 1,000 Patents in 2003
PLYMOUTH, Mich., Jan. 12 -- The global Freudenberg Group secured 1,222 patents for its products and technologies in 2003, bringing the Group's grand total to more than 11,000 patents. In fact, the Group is believed to hold more patents in automotive sealing and vibration control than any other supplier. The Freudenberg ... Continue reading
Ikona Reports on Progress with Magna Advanced Technologies
VANCOUVER, Jan. 12 -- In April of 2003, Ikona Gear International Inc. ("Ikona") and Magna Advanced Technologies ("MAT"), a division of Magna International Inc., entered into a preliminary letter agreement that allows MAT to develop automotive applications for Ikona's patented planetary gear technology (the "Agreement") ... Continue reading
Quantum Awarded Contract for General Motors' 2005 Natural Gas Fueled Full-Size Pick-Up Truck
IRVINE, Calif., Jan. 12 -- Quantum Fuel Systems Technologies Worldwide, Inc. announced today that it has been awarded a contract by General Motors Corporation to develop and produce natural gas fuel systems for GM's model year 2005 full-size pick-up trucks. This follow-on development and production contract could repre ... Continue reading
Ikona berichtet über Fortschritte mit Magna Advanced Technologies
VANCOUVER, Kanada, January 12 -- Im April 2003 schlossen Ikona Gear International Inc. ("Ikona") und Magna Advanced Technologies ("MAT"), eine Geschäftseinheit der Magna International Inc., einen Vorvertrag (die "Vereinbarung"), der es MAT erlaubt, Fahrzeuganwendungen für Ikonas patentierte Planetengetriebetechnologi ... Continue reading
Standard Motor Products, Inc. Announces Fourth Quarter 2003 Dividend
NEW YORK--Jan. 12, 2004--Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, Board of Directors has approved payment of a quarterly dividend of nine cents per share on the common stock outstanding. The dividend will be paid on March 1, 2004 to stockholders of record on February ... Continue reading
George Muller Becomes President & CEO of Driveitaway
Former Subaru President and Automotive 'All-Star' Will Lead Vehicle Remarketing Company PHILADELPHIA, Jan. 12 -- George T. Muller, former President of Subaru of America and Segway LLC, has joined Driveitaway as its new President & CEO. Driveitaway provides groundbreaking remarketing services to the fleet/lease vehicle ... Continue reading
Morey Joins Kolbenschmidt Pierburg in North America
SOUTHFIELD, Mich., Jan. 12 -- Julie A. Morey has been named director of communications and marketing for Kolbenschmidt Pierburg in North America. Morey had been communications manager for MANN+HUMMEL USA, Inc., in Bloomfield Hills, Mich., since 1996. She previously had worked at Siemens Automotive in Auburn Hills, Mich ... Continue reading
Hella Earns Two Major International Design Awards
PLYMOUTH, Mich., Jan. 12 -- Two Hella KG Hueck & Co. lighting products have earned the prestigious iF Design Award 2004 presented by Industrie Forum Design in Hanover, Germany. Hella earned the honors in iF Design's product category in competition with 1,630 products submitted by 735 companies from 32 countries. Hella' ... Continue reading
Highest Price Ever to be Paid for a New Car
NEW YORK, Jan. 12 -- The record sum of over $2.1 million dollars will be paid for a new car. The amount is the largest ever-recorded in history. A former Ford model and New York businesswoman Juliana Terian will be making the payment at a check presentation ceremony hosted at Christie's Monday January 12th, 11:00 A.M., ... Continue reading
DETROIT, Jan. 12 -- The North American International Auto Show (NAIAS) today announced that more than 33,000 people attended the 2004 Industry Preview Days, January 7 and 8, a nearly 20 percent increase from the 2003 Industry Preview Days. Attendees represented more than 2,000 companies and nearly 20 countries. On Wedn ... Continue reading
Nokian Tyres Introduces a New Studless Winter Tyre, Nokian Hakkapeliitta RSi for Passenger Cars
NOKIA, Finland, Jan. 12 -- The novelty is a successor for the popular Nokian Hakkapeliitta Q friction tyre and it has been developed for the Nordic, Russian and North American markets. Consumer sales with the wide size range will start in the autumn of 2004. Several technical innovations developed for the new R speed r ... Continue reading
Nissan's European Sales Increased 14.5% in 2003
TRAPPES, France, January 12 -- For the whole year 2003, Nissan Europe sold 542,292 units, an improvement of 14.5% over 2002 reaching a market share of 3.06% in Western Europe. The growth has been driven by successful new products such as the new Micra, as well as strong performance in the 4x4 sector with products such ... Continue reading
Pep Boys Names Transpro as Its Primary Air Conditioning Line Supplier
NEW HAVEN, Conn.--Jan. 12, 2004--Transpro, Inc., (AMEX: TPR) has announced today that Pep Boys has named Transpro as the primary supplier of its air conditioning product line. Effective immediately, Pep Boys will sell the complete Ready-Aire(R) Air Conditioning (A/C) product line throughout its retail network. This lin ... Continue reading
Toyota North America Vehicle Production Scorecard 2003
Toyota announced today that the company produced 1,278,359 vehicles and 1,112,074 engines at its North America manufacturing facilities in 2003. Both were record levels for Toyota, which began North American production in 1985 and has steadily expanded operations ever since. Toyota, the fourth largest automaker in Nort ... Continue reading
Bridgestone unit to sell bicycles with self-inflating tires
TOKYO January 11, 2004; Japan Today reported that Bridgestone Cycle Co said Friday it will put on sale Jan 25 a lineup of bicycles that require no inflator because their tires have a special hub ensuring the tire is filled with the right amount of air by simply pedaling. The bicycles incorporate the Air Hub with a buil ... Continue reading
Toyota triples vehicle sales in Russia in 2003
MOSCOW January 11, 2004; Toyota Motor Corp sold 26,472 vehicles in Russia in 2003, almost three times its 2002 tally, company officials said Friday. Toyota has launched a feasibility study for local production, and has informally told Russian authorities it will begin making vehicles here when annual sales reach the le ... Continue reading
Steve Park Notes from 1/10/04 Preseason Thunder
Daytona International Speedway Ray Cooper Preseason Thunder. Craftsman Truck Series Test. Clear!Blue Sunday Jan. 11, 2004. 704-975-3232 STEVE PARK (No. ... Continue reading
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