DETROIT, April 2 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, will hold a briefing with automotive institutional investors and security analysts, news media representatives and other interested parties at 9:00 a.m. EDT on Friday, April 30, 2004. AAM's Co-Founder, Chairman & ... Continue reading
IRVINE, Calif.--April 2, 2004--Autobytel Inc. will release first quarter and fiscal year 2004 financial results on Thursday, April 22, 2004 at 4 p.m. ET (1 p.m. PT). The company will hold a conference call to discuss the results at 4:30 p.m. ET (1:30 p.m. PT) that same day. Hosting the call will be Jeffrey Schwartz, pr ... Continue reading
MAYFIELD VILLAGE, Ohio--April 2, 2004-- Legislative Change that Allows Company to Charge Own Rates Paves the Way for Progressive Motorcycle Product The Progressive group of insurance companies, which comprise the nation's largest insurer of motorcycles, began offering its specialized physical damage motorcycle insuranc ... Continue reading
TRW Automotive to Web Cast Presentation at Morgan Stanley Automotive Conference on April 7th
LIVONIA, Mich., April 2 -- TRW Automotive Holdings Corp. will web cast its presentation at Morgan Stanley's Global Automotive Conference on April 7, 2004, from approximately 11:30 a.m. to 12:15 p.m. (EDT). During the presentation, Joseph S. Cantie, vice president and chief financial officer, will provide a business ove ... Continue reading
GM Recalls Cadillac SRX SUV and Buick Rendezvous SUV
DETROIT April 2, 2004; Reuters reported that General Motors Corp. will recall its Cadillac SRX sport utility vehicle due to a problem with its braking system, and its Buick Rendezvous SUV to fix a faulty latch on the liftgate, a GM official said on Friday. GM will recall 12,329 Cadillac SRXs equipped with all-wheel dri ... Continue reading
NHTSA Posts 2004 Four-Door Sedans Crash Test Results
The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) today posted New Car Assessment Program (NCAP) crash test results for all model year 2004 four door sedans on its website, Click4 safercar.gov. Sedans generally tested well with the Acura TSX and Lexus ES330, both with ... Continue reading
Global Electric Motorcars and DaimlerChryslerIntroduce the All-New Line of GEMs for 2005
Global Electric Motorcars, LLC, A DaimlerChrysler Company, released their 2005 vehicleline, two weeks ahead of schedule, because their 2004 Model Year cars sold-out earlier than expected. The 2005 vehicle line consists of four redesigned vehicles. Improvements to the vehicles include new front suspension, wider track-w ... Continue reading
AK Steel and UAW Reach Progressive Accord for Coshocton Works
Bargaining Unit Ratifies First Contract MIDDLETOWN, Ohio, April 2 -- AK Steel Corporation said today that members of the United Autoworkers of America (UAW) have voted to accept a progressive three-year labor agreement covering 460 hourly employees at the company's Coshocton (OH) Works. AK Steel said the contract is pa ... Continue reading
Jamie McMurray Announces "Drive for a Cure" Awareness Campaign
Media Contact: Jason Wise Chip Ganassi Racing with Felix Sabates (704) 500-6121, jwise@ganassi.com -For Immediate Release- Jamie McMurray Announces "Drive for a Cure" Awareness Campaign Ft. Worth, Texas, (April 2, 2004) --- NASCAR NEXTEL Cup Series driver Jamie McMurray hopes to create awareness and raise money for the ... Continue reading
CarMax Seeking Applicants for Positions
Retailer Known for Hiring Majority of its Associates From Outside the Auto Industry is Growing its Associate Base at its Eight Stores in Chicagoland CHICAGO, April 2 -- The following is being issued by CarMax : Who is CarMax looking to Hire? CarMax, the nation's leading specialty retailer of used cars and creator of us ... Continue reading
LOS ANGELES--April 2, 2004--Nissan displayed an exciting mix of specially tuned trucks (Titan, Armada and Frontier) and performance-oriented vehicles (350Z, Sentra SE-R and Maxima) at the 2004 Specialty Equipment Market Association (SEMA) International Auto Salon (IAS). The SEMA IAS show takes place April 2-4 at the Lo ... Continue reading
Infineon Raceway, Supercuts Agree to Strategic Partnership
Contact: John Cardinale (707) 933-3907 Infineon Raceway, Supercuts Agree to Strategic Partnership SONOMA, Calif. (IMMEDIATE RELEASE) - Infineon Raceway and Supercuts have agreed to a multi-faceted strategic partnership that will extend through the 2006 motor racing season, officials from both companies announced. Super ... Continue reading
New Honda eStore Facilitates Online Generator Purchases - Is This a Model For Autos?
ALPHARETTA, Ga., April 2 -- Honda Power Equipment announced today that, for the first time, customers will be able to purchase Honda generators through the company's website, www.honda.com . The new eStore facilitates the entire purchase transaction online 24 hours a day, seven days a week. Once entering the Honda eSto ... Continue reading
MIKE STALEY NAMED ASA/SMART TOUR DIRECTOR
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NexCup QUOTES FROM DODGE FRIDAY AT TMS
Friday, April 2, 2004. Ray Cooper Texas Motor Speedway. Clear!Blue Dodge Notes, Quotes. 704-975-3232 JAMIE McMURRAY (No. 42 Texaco/Havoline Dodge) COMMENT ON LAST WEEK AT BRISTOL "I knew better. ... Continue reading
Ward's Reports Estimated Weekly North American Vehicle Production April 2, 2004
SOUTHFIELD, Mich., April 2 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 350,452 units, up 0.2 percent from the 349,718 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now total ... Continue reading
Toyota Announces New "Standard" Camry, Price Raises on 10 Other Models
- Introduces New Standard Grade Camry TORRANCE, Calif., April 2 -- Toyota Motor Sales (TMS), U.S.A., Inc., today announced price adjustments on 10 select models in its vehicle lineup. In addition to the price adjustments, a new value-driven Standard Camry model has been added to the current Camry lineup. The new Standa ... Continue reading
New Car Review: 2004 Ford Freestar Limited
DRIVING DOWN THE ROAD<br> WITH CAREY RUSS 2004 Ford Freestar Limited<p> <p>If, at a quick glance, Ford's new Freestar minivan looks like a twin of last year's Windstar, look more closely. It is more than merely an updated Windstar. Hundreds of changes to its chassis, drivetrain, interior, and safety systems were enough ... Continue reading
All-new 2005 Chevrolet Cobalt SS Supercharged Coupe - More Competition For Rice Rockets
Detroit April 2, 2004; The 2005 Chevrolet Cobalt SS Supercharged Coupe is the high-performance model in the Cobalt family of coupes and sedans that will debut in the fourth quarter of 2004. The Cobalt SS Supercharged builds upon the expressive design and dynamic driving experience of the Cobalt Coupe and Coupe SS. R ... Continue reading
Toyota Awards $550,000 in Grants to Science Teachers
April 2, 2004 -- Atlanta, GA -- Imagine a "Spa Laboratory" where students study skin reactions to various pH levels. Or a "Clay Animation" project where students produce their own video to learn about abstract physical concepts. These are just two of the creative topics explored by the winners of the 2004 Toyota TAPEST ... Continue reading
Mid America Truck Show: 2004: The Center of Attention Once Again
Louisville, KY, March 31, 2004: Exhibit Management Associates, Inc. is proud to proclaim the 2004 Mid-America Trucking Show, recently held at the Kentucky Fair & Exposition Center in Louisville a resounding success. The 1,050 exhibiting companies from 46 states and 13 foreign countries created an atmosphere that can be ... Continue reading
ICON Launches Digital Presentation for US Army
CD-ROM will be used to inform key audiences about advances in R&D support ANN ARBOR, Mich., April 2 -- ICON Creative Technologies Group has completed a stand-alone presentation for the U.S. Army's National Automotive Center (NAC) designed to educate government and industry on a new process to facilitate ongoing R&D sup ... Continue reading
Johnson Controls Announces Webcast of Automotive Analyst Conference Presentation
MILWAUKEE, April 2 -- Johnson Controls will webcast its management presentation at the Morgan Stanley Global Automotive Conference in New York on Wednesday, April 7, 2004. The webcast begins at 9:00 a.m. Eastern time. (Logo: http://www.newscom.com/cgi-bin/prnh/20030423/JCILOGO ) To access the webcast with slide present ... Continue reading
Tender Offer Relating to Guilford Mills, Inc. Common Shares Completed
NEW YORK, April 2 -- A cash tender offer to acquire the outstanding shares of Guilford Mills, Inc. ("Guilford") (BULLETIN BOARD: GMIL) for $19.00 net per share, without interest, has been completed by GMI Merger Corporation ("GMI"), affiliate of Cerberus Capital Management, L.P. ("Cerberus"). Approximately 5,162,204 mi ... Continue reading
Timken Supplies Bearings to Moscow Rail
CANTON, Ohio, April 2 -- The Timken Rail Service Company is supplying Moscow Rail with Timken(R) SP(TM) railroad bearings via their commercial agent for suburban passenger trains. Moscow Rail is an operator of 450 commuter trains serving the Russian capital. (Logo: http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO ) ... Continue reading
SmarTire Installed on Monorail in Las Vegas
Bombardier Chooses SmarTire TPMS for High Profile Monorail System RICHMOND, BC, April 2 -- SmarTire Systems Inc. (OTCBB: SMTR) today announced that its tire pressure monitoring system (TPMS) has been installed on the Las Vegas monorail. The SmarTire system was chosen and installed by Bombardier Transportation, the glob ... Continue reading
ASA SHOWDOWN SET FOR MAY AT LANIER
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Torvec Ice Removing Developments
ROCHESTER, N.Y., Apr. 2 -- Torvec, Inc. (BULLETIN BOARD: TOVC) announced today that its majority-owned subsidiary, Ice Surface Development, Inc. ("ISDI") has recently completed a series of tests which demonstrated the market viability of ISDI's technology for removing ice from automotive windshields and other vehicle s ... Continue reading
MILWAUKEE, April 2 -- A.O. Smith Corporation today lowered its estimate for first quarter earnings to approximately $.36 per share from its previous estimate of $.46 per share and issued guidance for the second quarter for earnings to range between $.50 and $.54 per share. The company also lowered its estimate for the ... Continue reading
Eaton Announces Live Webcast of First Quarter 2004 Analyst Conference Call
CLEVELAND--April 2, 2004--Eaton Corporation will host a conference call on Wednesday, April 14, 2004 beginning at 10 a.m. EDT. The purpose of the call is to discuss first quarter 2004 earnings results with security analysts and institutional investors. The call will be available to interested listeners via an audio web ... Continue reading
Redline Performance Products Increases Line of Credit
SAN DIEGO & MINNEAPOLIS--April 2, 2004--Redline Performance Products, Inc. ("Redline(TM)" or "the Company") (AMEX:RED) today announced that it has increased the amount of its operating line of credit provided by the Community National Bank of North Branch, Minn., from $2 million to $2.5 million. Redline has utilized $2 ... Continue reading
Siemens VDO Automotive Completes Acquisition of Huntsville Electronics
Leading Automotive Electronics Supplier Today Takes Possession of Former Chrysler Group Operations HUNTSVILLE, Ala., April 2 -- Siemens VDO Automotive today officially completed the acquisition of Chrysler Group's Huntsville Electronics operations, advancing Siemens VDO Automotive to a top-three spot in the global auto ... Continue reading
Taking Surround Sound on the Road: Bose Previews Next Generation Automotive Surround Technologies
FRAMINGHAM, Mass.--April 2, 2004--Combining over twenty years of experience in premium automotive sound with its proven expertise in home theater surround sound, Bose Corporation has developed a suite of advanced surround sound architectures specifically tailored to the automotive environment. Custom engineered Bose(R) ... Continue reading
HERSHEY, Pa., April 2 -- There will be a new look inside the Reese's No. 21 Chevrolet when it takes to the track during the O'Reilly 300 Busch Series race at Texas Motor Speedway on April 3, 2004. Clint Bowyer, a NASCAR newcomer, will be behind the wheel for his first Busch Series start. Bowyer joins the Reese's racing ... Continue reading
Land Rover North America Introduces the All-New LR3
New Platform Architecture Delivers the Ultimate Combination of Design, Interior Space and Technology IRVINE, Calif., April 2 -- Today, Land Rover introduces LR3, an all-new SUV that makes its debut at the New York International Auto Show on April 7. With its class-leading breadth of capability, innovative user- friendl ... Continue reading
Nissan Reinforces Communications Function Worldwide
PARIS, April 2 -- Nissan has announced management changes worldwide designed to strengthen the company's global communications capability. Simon Sproule, Nissan North America Corporate Communications Vice President, who joined Nissan just last year, has been appointed Vice President for Global Communications and Invest ... Continue reading
AAA Texas: Weekend Gas Watch; New Statewide Record
HOUSTON--April 2, 2004--Texas gas prices have reached a new record high, according to AAA Texas' Weekend Gas Watch. The Texas average for a gallon of regular self-serve gasoline jumped about two cents to a new record of $1.637. San Antonio also set a new high in the price of gasoline this week at $1.608 a gallon. Corpu ... Continue reading
March 2004 U.S. Auto Sales Scorecard
Car, Truck Sales in U.S. in March 2004Thursday April 1, 6:29 pm ET By The Associated Press March 2004 Car, Light Truck Sales in the United States by the Major Automakers March 2004 car and light truck sales in the United States by the major automakers. Industry totals include 22 automakers.The table compares sales in M ... Continue reading
Volvo Trucks Opens Factory in China
GOTEBORG, Sweden, March 31, 2004 (PRIMEZONE) -- Volvo Truck Corporation is today inaugurating a new factory in Jinan together with its Chinese partner, China National Heavy Truck Corporation (CNHTC). The new factory will build Volvo trucks for the growing Chinese market. The factory has initially a capacity of about 1, ... Continue reading
ARMORED LINCOLN TOWN CARS SET TO ARRIVE AT DEALERSHIPS
DEARBORN, Mich., April 2, 2004— The 2004 Town Car Ballistic Protection Series (BPS), Lincoln's first production armored vehicle, arrives in dealerships this April with the highest standard level of ballistic protection commercially available from any automotive manufacturer in North America. Unlike protection vehicle ... Continue reading
First-Ever Hybrid SUV Takes on Manhattan Traffic on One Tank of Gas With Virtually no Emissions
NEW YORK, April 2 -- Ford Motor Company will take the world's first hybrid-electric SUV to midtown Manhattan to see just how far the 2005 Ford Escape Hybrid can be driven in brutal city traffic on a single tank of gas. "Manhattan on a Tank of Gas" kicks off Monday, April 5 at 7:00 a.m. and will continue non-stop throug ... Continue reading
Presentación de tecnologías Valeo en el Renault Concept Roadster
PARIS, April 2 -- En el Salón Internacional del Automóvil de Ginebra presentaba un nuevo radiador curvado y unos revolucionarios pilotos traseros en el modelo Wind, nuevo concept car de Renault. La "arquitectura espinal" segmentada del nuevo radiador de Valeo le permite tener una forma curva, con lo que se consigue a ... Continue reading
LA Auto Club: Gasoline Prices Continue Lower but U-Turn Could Be in the Offing
LOS ANGELES--April 2, 2004--Gasoline prices inched lower for the fourth straight week in the Southwest, but rising demand and spiking wholesale prices indicate the month-long decline may be at an end, according to the Automobile Club of Southern California's Weekend Gas Watch. The national average for gasoline is $1.75 ... Continue reading
Stars of Two Guys Garage Stump for Automotive Maintenance During National Car Care Month
SWANSEA, Mass., April 2 -- April is National Car Care Month and who better to promote good car habits than the co-hosts of the Two Guys Garage TV show, Dave Bowman and Sam Memmolo. The Two Guys Garage show airs on the SPEED Channel and has a history of promoting car care awareness year round. While presently known for ... Continue reading
Automotive Specialty Industry Enjoys Superb Growth in 2003
SEMA Reports Annual Market Sales of $28.9 Billion, Up 7.7 Percent DIAMOND BAR, Calif., April 2 -- The U.S. automotive specialty equipment industry grew 7.7 percent to $28.9 billion in 2003. The market's 2002 sales of products such as appearance accessories, racing and performance parts, and suspension and handling equi ... Continue reading
Mazda March U.S. vehicle sales up 36.6 %
DETROIT, April 1, 2004; Reuters reported the Mazda Motor Corp U.S. sales of cars and light trucks in March 2004 versus the same year-earlier month and for the year to date. March 2004 March 2003 % Change All Vehicles 25,321 18,539 36.6% Domestic Car 6,432 4,232 52.0% Domestic Truck 4,864 4,922 -1.2% Import Car 11,872 6 ... Continue reading
GM and Ford, Toyota and Nissan report sales gains for March
DETROIT April 1, 2004; John Porretto writing for the AP reported that General Motors Corp. and Ford Motor Co. posted U.S. sales increases in March, as did two of Japan's biggest car manufacturers, but the uptick in business wasn't enough to keep GM and Ford from raising consumer incentives to lure more customers. Indus ... Continue reading
Cummins Westport Receives Order for 150 Engines From Beijing
VANCOUVER, British Columbia--April 1, 2004--Cummins Westport Inc. (CWI) today announced that it has received an order for 150 B-series natural gas engines for transit service in Beijing. Beijing Public Transportation Corporation, which currently operates more than 2,000 CWI engines in its transit fleet, has ordered the ... Continue reading
AmeriCredit Consolidates Collections Operations
FORT WORTH, Texas--April 1, 2004--AmeriCredit Corp. has consolidated its collections operations today by closing its center in Jacksonville, Fla. Collections activity previously conducted there has been transferred to the company's other four centers in the Arlington, Texas; Charlotte, N.C.; Phoenix, Ariz.; and Peterbo ... Continue reading
AutoNation to Acquire John Roberts BMW and MINI Franchise in Dallas-Fort Worth, Texas
FORT LAUDERDALE, Fla., April 1 -- AutoNation, Inc. , America's largest automotive retailer, today announced that it has signed an agreement to acquire John Roberts BMW and MINI, the largest BMW and MINI dealership in the Dallas-Fort Worth market. Once closed, the acquisition of John Roberts BMW and MINI will bring the ... Continue reading
Hayes Lemmerz Announces Plant Restructuring Plans
NORTHVILLE, Mich., April 1 -- Hayes Lemmerz International, Inc. today announced a manufacturing rationalization plan for its North American Wheel Group which will significantly lower operating costs and increase facility utilization. (Logo: http://www.newscom.com/cgi-bin/prnh/20010522/HLILOGO ) As a result, Hayes Lemme ... Continue reading
Schnitzer Steel Reports Record Quarterly Earnings
PORTLAND, Ore.--April 1, 2004--Schnitzer Steel Industries, Inc. today reported net income of $18.5 million or $0.89 per diluted share on revenues of $161.6 million for the second fiscal quarter ended February 29, 2004. In comparison, the Company reported net income of $8.4 million or $0.44 per diluted share on revenues ... Continue reading
CHERRY HILL, N.J., April 1 -- Subaru of America, Inc., the only car company that features Symmetrical All-Wheel Drive as standard equipment on every vehicle in its product line, today announced its continued support of National Car Care Month (NCCM), a nationwide effort by businesses, civic groups, government, the medi ... Continue reading
Backlog and Order Input at Records; March Retail Sales Up 31%; 288,000 Shares Repurchased JACKSON CENTER, Ohio, April 1 -- Thor Industries, Inc. announced today record preliminary sales of $403 million for the 2 months ended March 31, 2004, almost as high as sales for the full quarter ended April 30, 2003 of $413 milli ... Continue reading
Yamaha Marine Group Announces Termination of O.E.M. Agreements with Lund, Lowe and Crestliner
KENNESAW, Ga., April 1 -- The Yamaha Marine Group announced today that it will be terminating O.E.M. agreements to sell outboard motors to Lund, Lowe and Crestliner boat companies effective June 30, 2004. The decision to terminate and not renew each of these agreements is the result of the transfer of ownership for Cre ... Continue reading
Kia Motors America Sets First Quarter Sales Record
Best March Sales Ever Highlighted by Sedona and Optima Monthly Sales Records IRVINE, Calif., April 1 -- Kia Motors America (KMA) today announced a new first quarter sales record of 59,384 units, a three-percent increase over the same period last year, bolstered by the company's best March sales ever of 23,769 units, an ... Continue reading
Subaru Reports Strong March Sales; Forester Records Best Ever March; Legacy Sales Up 11 Percent
CHERRY HILL, N.J., April 1 -- Subaru of America, Inc., the only car company that features Symmetrical All-Wheel Drive as standard equipment on every vehicle in its product line, today reported March sales of 17,606 units. Forester recorded a best-ever March, while Legacy also posted a double-digit gain. "March was a st ... Continue reading
DEARBORN, Mich., April 1 -- The Detroit Free Press took the coveted Golden Wheel Award, honoring the best-of-the-best, in the Detroit Press Club Foundation's 2004 International Wheel Awards competition. Winners in the competition for journalistic excellence, honoring works broadcast or published about the automotive in ... Continue reading
ZAP Reports Financial Results for 2003
SANTA ROSA, Calif., April 1 -- Electric vehicle firm ZAP (BULLETIN BOARD: ZAPZ) today announced financial results for the fiscal year ending December 31, 2003. According to ZAP CEO Steve Schneider: "2003 was a transitional year for ZAP as we began work to transform into an automotive distribution company. The investmen ... Continue reading
Lexus Reports Best-Ever March Sales and Record-Setting First Quarter
TORRANCE, Calif., April 1 -- Lexus today reported best-ever March sales of 25,013 units, an increase of 20.0 percent over last year's record March. Lexus also posted its best-ever first quarter with sales of 65,392 units, up 25.0 percent over the same period last year. "In our current economic climate, consumers are lo ... Continue reading
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