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April 2004

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Wednesday, April 21, 2004

El presidente y director general de GM pone en marcha el Auto-Tech 2004 del AIAG

El presidente y director general de GM pone en marcha el Auto-Tech 2004 del AIAG

Redactores de negocios y automóviles Auto-Tech 2004 DETROIT, EE.UU.--(BUSINESS WIRE LATIN AMERICA)--21 de abril de 2004--El presidente y director general de General Motors Corporation, Rick Wagoner inaugurará Auto-Tech 2004, la conferencia comercial anual de la industria automotriz organizada por el Automotive In ... Continue reading

BorgWarner Stockholders Approve Two-For-One Stock Split; Board Declares Regular Quarterly Dividend

BorgWarner Stockholders Approve Two-For-One Stock Split; Board Declares Regular Quarterly Dividend

CHICAGO, April 21 -- At their annual meeting today, the stockholders of BorgWarner Inc. approved an increase in the number of shares of authorized common stock to 150 million from 50 million allowing for a two-for-one stock split. The stock split will be effective May 17, 2004 to shareholders of record on May 3, 2004. ... Continue reading

Carroll Shelby International Inc. Completes First Round of Private Placement

Carroll Shelby International Inc. Completes First Round of Private Placement

LOS ANGELES, April 21 -- Carroll Shelby International, Inc. (BULLETIN BOARD: CSBI) announced today that it had completed the private placement of 1,779,448 shares of its common stock for net proceeds of over $4,000,000. Proceeds from the private placement have been earmarked for expanded production of the company's Cob ... Continue reading

Delco Remy International Announces Executive Departure

Delco Remy International Announces Executive Departure

ANDERSON, Ind., April 21 -- Richard L. Keister, President of Delco Remy International's (DRI) Aftermarket Group will be resigning on May 31, 2004 to join Keystone Automotive Industries (Nasdaq), a supplier to the collision repair industry, as their CEO. Keister joined DRI in 1997 when World Wide Automotive was acquired ... Continue reading

Nissan Named as One of Top Twenty Noteworthy Companies in Diversity; Nissan is the Only Automotive Import Company to Receive This Distinction

Nissan Named as One of Top Twenty Noteworthy Companies in Diversity; Nissan is the Only Automotive Import Company to Receive This Distinction

LOS ANGELES--April 21, 2004--Nissan North America, Inc. (NNA) has earned a spot on DiversityInc's listing of The 20 Noteworthy Companies for Diversity. The companies on this list, which are not ranked, were selected by DiversityInc for demonstrating excellence in one or more particular areas of diversity measurement. N ... Continue reading

Subaru Announces Pricing on 2005 Legacy and Outback Models

Subaru Announces Pricing on 2005 Legacy and Outback Models

Most Powerful, Best-Handling, Best-Equipped Versions of the Legacy and Outback Models Ever Offered Arrive in Dealer Showrooms in May CHERRY HILL, N.J., April 21 -- 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 an ... Continue reading

GM Reinstates Executive Bonuses in 2003

GM Reinstates Executive Bonuses in 2003

DETROIT April 21, 2004; Reuters reported that General Motors Corp. on Wednesday said it reinstated annual bonuses for its top executives based on 2003 performance, when net earnings fell but still beat the company's forecast. In an annual proxy statement filed with the U.S. Securities and Exchange Commission, the compa ... Continue reading

Ford to Reinstate Managers' Bonuses After 3 Year Hiatius

Ford to Reinstate Managers' Bonuses After 3 Year Hiatius

Chicago April 21, 2004; Elizabeth Rigby writing for the Financial Times reported that Ford Motor Company plans to reinstate bonuses for middle and senior managers this year and will start contributing again to a key US employee retirement scheme, suggesting that the automaker's financial health is improving after a per ... Continue reading

Ford's Profit More Than Doubles on Improved Automotive Profits and Continued Cost Cutting

Ford's Profit More Than Doubles on Improved Automotive Profits and Continued Cost Cutting

DEARBORN, Mich. April 21, 2004, John Porretto writng for the AP reported that Ford Motor Co. posted a profit of $1.95 billion in the first quarter, more than double its earnings of a year ago, as improved automotive profits and continued cost cutting lifted results. Its shares rose sharply in early trading. Results for ... Continue reading

VW Management Comes Under Stockholder Fire

VW Management Comes Under Stockholder Fire

FRANKFURT, April 21, 2004; Christiaan Hetzner writing for Reuters reported that Volkswagen's managers will face a bruising annual general meeting on Thursday with angry shareholders pressuring the carmaker to deliver some signs of a turnaround. Investors will demand Chief Executive Bernd Pischetsrieder explain how he w ... Continue reading

GM CEO Received $12.8 Million in 2003

GM CEO Received $12.8 Million in 2003

DETROIT April 21, 2004; The AP reported that General Motors Corp. chairman and chief executive Rick Wagoner received $12.8 million in compensation last year, including stock options, as the company reinstated cash bonuses for all its top executives. The world's largest automaker raised Wagoner's salary 10 percent to $2 ... Continue reading

Jaguar Recall for ZF 6 Speed Transmission ( Real) Problem

Jaguar Recall for ZF 6 Speed Transmission ( Real) Problem

DETROIT, April 21, 2004; Reuters reported that Jaguar, a unit of Ford Motor Co., on Wednesday said it was recalling 67,798 cars because of a defect that can inadvertently slip them into reverse gear. Models covered by the global recall, which affects nearly 33,500 vehicles in North America and others mostly in Europe a ... Continue reading

Aussie Team Defends Collegiate Engineering Championship at Formula SAE(R) Design Event

Aussie Team Defends Collegiate Engineering Championship at Formula SAE(R) Design Event

TROY, Mich., April 21 -- For more than 20 years, the Formula SAE collegiate engineering design competition has grown and flourished into a truly international event. Until last year, however, one thing was a constant: The trophy always went to an American team. Canadian and European teams had seen strong performances a ... Continue reading

Research and Markets: World Vehicle Forecasts and Strategies - 1.5 Billion Vehicles to Be Produced and Sold over the Twenty-Year Period 2001 to 2020 Inclusive

Research and Markets: World Vehicle Forecasts and Strategies - 1.5 Billion Vehicles to Be Produced and Sold over the Twenty-Year Period 2001 to 2020 Inclusive

DUBLIN, Ireland--April 21, 2004--Research and Markets (http://www.researchandmarkets.com) has announced the addition of Managing the Future - World Vehicle Forecasts and Strategies to 2020 to their offering. Originally published as a three volume, 700 A4 page analysis of the global motor industry for the 60-year period ... Continue reading

GM's Rick Wagoner to Kick-Off Auto-Tech 2004

GM's Rick Wagoner to Kick-Off Auto-Tech 2004

DETROIT, April 21 -- General Motors Corporation Chairman and CEO Rick Wagoner will open Auto-Tech 2004, the annual automotive industry trade conference organized by the Automotive Industry Action Group (AIAG). The theme of Auto-Tech 2004 is: Driving Performance Together. Wagoner's remarks will kick off the three-day co ... Continue reading

Texas Instruments Brings Bluetooth and High-Quality Audio to Cellular Hands- Free Kit Systems

Texas Instruments Brings Bluetooth and High-Quality Audio to Cellular Hands- Free Kit Systems

Application-specific Hardware and Software Speed Development and Enhance Product Differentiation for Cellular Accessory OEMs HOUSTON, April 21 -- Continuing to drive faster time-to- market for the development of hands-free kits, Texas Instruments (TI) today announced the Hands-Free Kit (HFK) Development Platform matche ... Continue reading

Samenvatting: GM's voorzitter en CEO opent Auto-Tech 2004

Samenvatting: GM's voorzitter en CEO opent Auto-Tech 2004

General Motors Corporation's voorzitter en CEO Rick Wagoner opent op 31 augustus Auto-Tech 2004, de jaarlijkse handelsconferentie voor de automobielindustrie die wordt georganiseerd door de Automotive Industry Action Group (AIAG). Het thema voor Auto-Tech 2004 is Driving Performance Together. Auto-Tech 2004 wordt gehou ... Continue reading

Comergent and the Automotive Aftermarket Industry Association Launch New Product Data Audit and Certification Service

Comergent and the Automotive Aftermarket Industry Association Launch New Product Data Audit and Certification Service

Standardized Product Information Data May Save Aftermarket Industry Up to $1.7 Billion in Annual Expenses REDWOOD CITY, Calif., April 21 -- Comergent Technologies(R), Inc., the leading provider of demand chain management applications today announced it is the official solution provider for a new service offered by the ... Continue reading

FARO to Report First Quarter Results on May 6

FARO to Report First Quarter Results on May 6

LAKE MARY, Fla., April 21 -- FARO Technologies, Inc. , today announced that it will release financial results for its First Quarter 2004, on Thursday, May 6, 2004. (Logo: http://www.newscom.com/cgi-bin/prnh/20000522/FLM035LOGO ) About FARO: FARO Technologies, Inc. and its international subsidiaries design, develop, and ... Continue reading

Fitch Rates Honda Auto Receivables 2004-1 Owner Trust 'F1+/AAA'

Fitch Rates Honda Auto Receivables 2004-1 Owner Trust 'F1+/AAA'

NEW YORK--April 21, 2004--Fitch Ratings has assigned ratings to the receivables-backed class A notes issued today by Honda Auto Receivables 2004-1 Owner Trust as listed below: -- $347,000,000 1.13875% class A-1 asset-backed notes 'F1+'; -- $456,000,000 1.68% class A-2 asset-backed notes 'AAA'; -- $431,000,000 2.40% cla ... Continue reading

GM Chairman and CEO to Kick-Off AIAG's Auto-Tech 2004

GM Chairman and CEO to Kick-Off AIAG's Auto-Tech 2004

DETROIT--April 21, 2004--General Motors Corporation Chairman and CEO Rick Wagoner will open Auto-Tech 2004, the annual automotive industry trade conference organized by the Automotive Industry Action Group (AIAG). The theme of Auto-Tech 2004 is: Driving Performance Together. Wagoner's remarks will kick off the three-da ... Continue reading

Guilford Mills Picks Factory Logic as Lean Solutions Partner; Factory Logic Lean Operations Management System to be Deployed in Automotive Products Division

Guilford Mills Picks Factory Logic as Lean Solutions Partner; Factory Logic Lean Operations Management System to be Deployed in Automotive Products Division

AUSTIN, Texas--April 21, 2004--Factory Logic(tm), the leading provider of lean manufacturing and supply chain management solutions, announces that Guilford Mills Inc. (OTC:GMIL) has selected Factory Logic as the company's lean solutions partner. Following completion of a detail "proof of concept" pilot at the company's ... Continue reading

Myers Industries Declares Quarterly Dividend

Myers Industries Declares Quarterly Dividend

AKRON, Ohio--April 21, 2004--The Board of Directors of Myers Industries, Inc. today declared a regular $.05 per share dividend. The dividend will be paid July 1, 2004, to shareholders of record as of June 11, 2004. Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, ... Continue reading

News Release: Teams Choose Praxis Suspension In 2004 One Lap Of A merica Competition

News Release: Teams Choose Praxis Suspension In 2004 One Lap Of A merica Competition

FOR IMMEDIATE RELEASE Contact: Media Center (877) 201-2373 BRIDGESTONE/FIRESTONE'S PRAXIS(tm) IS SUSPENSION OF CHOICE FOR POTTER, FULLER TEAMS IN 2004 TIRE RACK(tm) CANNONBALL(r) ONE LAP OF AMERICA PRESENTED BY CAR AND DRIVER (tm) NASHVILLE, Tenn. (April 21, 2004) - Endurance is the name of the game in the Tire Rack(tm ... Continue reading

SmarTire Announces New Investment Banking Relationship

SmarTire Announces New Investment Banking Relationship

Cornell Capital Partners to serve as the Company's investment banking firm RICHMOND, BC, April 21 -- SmarTire Systems Inc. (OTCBB: SMTR) today announces that it has entered into an investment banking relationship with Cornell Capital Partners LP of Jersey City, New Jersey. The Company also announces that it has discont ... Continue reading

Tata Consultancy Services to Open Automotive Center of Excellence Serving US Automotive Manufacturers and Suppliers

Tata Consultancy Services to Open Automotive Center of Excellence Serving US Automotive Manufacturers and Suppliers

DETROIT--April 21, 2004-- Establishment of an Automotive Development Center in Detroit will create local jobs and provide world class services to TCS' auto industry customers Tata Consultancy Services, a champion of flexible global business models, today announced its intention to open an "Automotive Center of Excellen ... Continue reading

Quantum Participates in Governor Schwarzenegger's Hydrogen Highway Executive Order Event

Quantum Participates in Governor Schwarzenegger's Hydrogen Highway Executive Order Event

IRVINE, Calif., April 21 -- Quantum Fuel Systems Technologies Worldwide, Inc., announced that several vehicles equipped with its hydrogen fuel systems were on hand yesterday at Governor Schwarzenegger's signing of an Executive Order officially launching California's Hydrogen Highway Network. (Logo: http://www.newscom.c ... Continue reading

Amerigon Ships One Millionth Climate Control Seat(TM) (CCS(TM)) System

Amerigon Ships One Millionth Climate Control Seat(TM) (CCS(TM)) System

Developed for Global Automobile Market, Patented CCS Remains Only Actively Heated and Cooled Seat System DEARBORN, Mich., April 21 -- Amerigon Incorporated announced today it recently shipped its one millionth Climate Control Seat(TM) (CCS(TM)) system, marking the attainment of a significant milestone for the Company. ... Continue reading

ArvinMeritor Declares Quarterly Dividend on Common Stock

ArvinMeritor Declares Quarterly Dividend on Common Stock

TROY, Mich., April 21 -- The ArvinMeritor, Inc. Board of Directors at a meeting held today at corporate headquarters in Troy, Mich., declared a quarterly dividend of 10 cents ($0.10) per share on the common stock of ArvinMeritor, Inc., payable June 14, 2004, to shareowners of record at the close of business on May 24, ... Continue reading

ASQ Automotive Division and Carnegie Mellon GSIA to Host Conference on Lean Quality: The Coming Revolution in Reducing Warranty Expense

ASQ Automotive Division and Carnegie Mellon GSIA to Host Conference on Lean Quality: The Coming Revolution in Reducing Warranty Expense

-- What: More than $10 billion each year is spent in North America on direct warranty expense in the automotive industry (AMR Research). And, while quality has improved greatly during the last 10 years, it has not improved in the last two. Join industry experts as they explore how the current warranty analysis process ... Continue reading

Bridgestone Rider Tedesco Is Crowned Champion in the 125cc Western Division

Bridgestone Rider Tedesco Is Crowned Champion in the 125cc Western Division

I hope you will be able to post this release on your website. ... Continue reading

Dana Corporation Reports Stronger First-Quarter Results

Dana Corporation Reports Stronger First-Quarter Results

Increased Volume and Cost Reductions Drive Improvement TOLEDO, Ohio, April 21 -- Dana Corporation today announced that its 2004 first-quarter sales were $2.3 billion compared to $2.0 billion during the same period last year. Net income for the quarter totaled $63 million, or 42 cents per share, compared to net income o ... Continue reading

FastenTech, Inc. Announces Conference Call to Discuss Second Quarter Results

FastenTech, Inc. Announces Conference Call to Discuss Second Quarter Results

MINNEAPOLIS--April 21, 2004--FastenTech, Inc., a leading manufacturer and marketer of highly engineered specialty components providing critical applications to a broad range of end-markets, will release its second quarter financial results on Wednesday, April 28, 2004 prior to the market opening. The company will also ... Continue reading

FORD CREDIT EARNS RECORD $688 MILLION IN FIRST QUARTER

FORD CREDIT EARNS RECORD $688 MILLION IN FIRST QUARTER

DEARBORN, Mich., April 21 -- Ford Motor Credit Company reported net income of $688 million in the first quarter of 2004, up $246 million from earnings of $442 million a year earlier. On a pre-tax basis from continuing operations, Ford Credit earned $1.1 billion in the first quarter, compared with $727 million in the pr ... Continue reading

General Motors' OnStar Subsidiary Partners with the National Center for Missing & Exploited Children

General Motors' OnStar Subsidiary Partners with the National Center for Missing & Exploited Children

OnStar's 2.5 million subscribers can be good Samaritans in the search for missing children WASHINGTON, April 21 -- General Motors' subsidiary OnStar has joined with the National Center for Missing & Exploited Children (NCMEC) in its efforts to help find missing children. OnStar's Global Positioning System (GPS) satelli ... Continue reading

International Sports and Media Group, Inc. and Macias/Clark Media Group Welcomes Wimmer Custom Cycles as a $100,000 Sponsor of the Toy Show

International Sports and Media Group, Inc. and Macias/Clark Media Group Welcomes Wimmer Custom Cycles as a $100,000 Sponsor of the Toy Show

SAN DIEGO--April 21, 2004--International Sports and Media Group, Inc. (OTCBB:ISME) and Macias/Clark Media Group announce their joint venture, 5ive Media Entertainment, LLC, has signed Wimmer Custom Cycles of Souderton, Pa., as a sponsor of the cult followed television series "Toy Show." Wimmer Custom Cycle (www.wimmerm ... Continue reading

Intrepid Buys Large Compressed Gas Distributor

Intrepid Buys Large Compressed Gas Distributor

IDAHO FALLS, Idaho, April 21 -- Intrepid Technology and Resources, Inc. (ITR) (BULLETIN BOARD: IESV) , a renewable energy company, announces that they have purchased the assets and current customer base of WOBF Natural Gas Joint Venture, a privately held distribution and marketing company located in south eastern Idaho ... Continue reading

J.B. Hunt Recognizes First Quarter 2004 Safe Drivers

J.B. Hunt Recognizes First Quarter 2004 Safe Drivers

LOWELL, Ark.--April 21, 2004--J.B. Hunt Transport Services, Inc. , one of the nation's largest publicly held truckload carriers, announced its first quarter 2004 one- and two-million mile safe drivers. J.B. Hunt rewards driver safety by recognizing those who drive one million safe miles with a cash award of $5,000. Dri ... Continue reading

KleenAir Announces $2 Million Sale of Zero-Coupon Convertible Preferred Stock

KleenAir Announces $2 Million Sale of Zero-Coupon Convertible Preferred Stock

IRVINE, Calif.--April 21, 2004--KleenAir Systems Inc. (OTCBB:KAIR) announced an institutional financing for $2 million has been agreed with a London-based investment company. The investment is in the form of zero-coupon, restricted non-voting convertible preferred stock with a minimum 2-year period before conversion ri ... Continue reading

Lawson Products, Inc. Reports Increase in First Quarter, 2004 Sales and Net Income

Lawson Products, Inc. Reports Increase in First Quarter, 2004 Sales and Net Income

DES PLAINES, Ill., April 21 -- Lawson Products, Inc. reported net income of $6.5 million for the first quarter of 2004, an increase of 73.7% over the first quarter of 2003. Diluted net income per share of $.69 earned in the first quarter of 2004 was 72.5% higher than the $.40 earned in the same period last year. Earnin ... Continue reading

MIT Technology Review Patent Scorecard: Delphi is No. 1 Again

MIT Technology Review Patent Scorecard: Delphi is No. 1 Again

Delphi is leading creator of automotive technology patents for 2003 TROY, Mich., April 21 -- Delphi Corp. ranks No. 1 in automotive technological strength for the second straight year, according to an annual industry study by Technology Review, MIT's Magazine of Innovation. (Logo: http://www.newscom.com/cgi-bin/prnh/20 ... Continue reading

Myers Industries Reports First Quarter 2004 Results

Myers Industries Reports First Quarter 2004 Results

AKRON, Ohio--April 21, 2004--Myers Industries, Inc. today announced that net sales for the first quarter ended March 31, 2004 were $185,518,527, an increase of 14 percent from the $163,220,254 reported for the first quarter of 2003 and the highest of any quarter in the Company's history. Net income was $8,856,171, an i ... Continue reading

Nic Gaeta Named Vice President Chief Financial Officer at S-Y Systems Technologies, Inc.

Nic Gaeta Named Vice President Chief Financial Officer at S-Y Systems Technologies, Inc.

DEARBORN, Mich.--April 21, 2004--Nic Gaeta was named Vice President Chief Financial Officer for S-Y Systems Technologies, Inc., a Siemens VDO Automotive and Yazaki North America joint venture company supplying electrical and electronic distribution systems, announced Robert Crumley, president. Gaeta was formerly the Di ... Continue reading

Press Conference: Nissan 180 Update & Fiscal Year 2003 Financial Results

Press Conference: Nissan 180 Update & Fiscal Year 2003 Financial Results

PARIS, April 21 -- - Media Alert - Not for Publication DATE: Monday, April 26th, 2004 TIME: 15H15 - 16H30 Tokyo 07H15 - 08H30 London 08H15 - 09H30 Paris (CET = GMT+1) 02H15 - 3H30 New York VENUE: ANA Hotel Tokyo Banquet Room 'PROMINENCE' 12-33, Akasaka 1-chome, Minato-ku, Tokyo PROGRAM: - Presentation - Question and An ... Continue reading

Research and Markets: Vehicle Occupant Restraint Systems, Manufacturers Expect Year-on-Year Growth of around 5%

Research and Markets: Vehicle Occupant Restraint Systems, Manufacturers Expect Year-on-Year Growth of around 5%

DUBLIN, Ireland--April 21, 2004--Research and Markets (http://www.researchandmarkets.com) has announced the addition of The global market for vehicle occupant restraint systems: 2004 Edition to their offering. A seatbelt for every seat and airbags for the front seat occupants are the norm these days. While frontal and ... Continue reading

Reynolds and Reynolds Reports Second Quarter Results

Reynolds and Reynolds Reports Second Quarter Results

Live Webcast at 11:00 a.m. ET. Conference call and replay available at reyrey.com DAYTON, Ohio, April 21 -- The Reynolds and Reynolds Company today reported net income of $26 million or 38 cents per share for the second fiscal quarter, ahead of consensus analyst estimates. Second quarter revenues of $249 million were a ... Continue reading

SIRIUS Satellite Radios Available at Nation's Largest Retailer

SIRIUS Satellite Radios Available at Nation's Largest Retailer

Portable Plug & Play Units to Go On Sale at Wal-Mart Within the Next Two Months NEW YORK, April 21 -- SIRIUS Satellite Radio , known for delivering the very best in commercial-free music and premium sports programming to cars and homes across the country, today announced that select Wal-Mart locations across the countr ... Continue reading

SITEL Corporation Signs New GM Contract

SITEL Corporation Signs New GM Contract

OMAHA, Neb., April 21 -- SITEL Corporation , a leading global provider of outsourced customer support services, today announced the signing of a new contract with General Motors to provide customer support services for General Motors' North American Vehicle Sales, Service, and Marketing Group through December 31, 2005. ... Continue reading

Special Guest Tom Cruise Visits Newman/Haas Racing at Long Beach Grand Prix

Special Guest Tom Cruise Visits Newman/Haas Racing at Long Beach Grand Prix

PacifiCare Car in Second Place of 2004 Champ Car World Series CYPRESS, Calif., April 21 -- PacifiCare Health Systems Inc. and Paul Newman, co-owner of Newman/Haas Racing hosted actor Tom Cruise at the Toyota Grand Prix of Long Beach, the season-opening round of the 2004 Champ Car World Series on April 18. Cruise was re ... Continue reading

Sports Wheels, Inc. Signs Agreement with All American Propane, Inc.

Sports Wheels, Inc. Signs Agreement with All American Propane, Inc.

VANCOUVER, Wash.--April 21, 2004--Sports Wheels, Inc. (Pink Sheets:SSWH) is pleased to announce that it has received a purchase order to provide its custom designed Wheels for All American Propane, Inc.'s fleet of trucks. All American Propane, Inc. operates a fleet of Propane bobtail trucks and service trucks in Yakima ... Continue reading

Uni-Solar Ovonic and Solar Integrated Technologies Expand Strategic Alliance

Uni-Solar Ovonic and Solar Integrated Technologies Expand Strategic Alliance

AUBURN HILLS, Mich., April 21 -- United Solar Ovonic LLC (Uni-Solar Ovonic), the world leader in thin-film amorphous silicon solar technology and a wholly owned subsidiary of Energy Conversion Devices, Inc. , today announced that it has entered into an agreement with Solar Integrated Technologies (SIT) of Los Angeles t ... Continue reading

AUTOMOBILE MAGAZINE'S David E. Davis, Jr., to Receive Honorary Doctorate from University of Michigan

AUTOMOBILE MAGAZINE'S David E. Davis, Jr., to Receive Honorary Doctorate from University of Michigan

NEW YORK--April 21, 2004-- Founder of PRIMEDIA's AUTOMOBILE MAGAZINE Recognized for Outstanding Journalistic Contributions AUTOMOBILE MAGAZINE, America's leading automotive lifestyle publication, is pleased to announce that its founder and editor emeritus, David E. Davis, Jr., will be honored by the University of Michi ... Continue reading

Ford Announces First Quarter Financial Results

Ford Announces First Quarter Financial Results

* Net income of 94 cents per share, or $2 billion. * Earnings from continuing operations of 96 cents per share, excluding special items. * Automotive sector pre-tax profit of $1.8 billion. Financial Services sector pre-tax profit of $1.1 billion. * Full-year earnings guidance increased to a range of $1.50 to $1.60 per ... Continue reading

Team Shelby Returns to the Winners Circle

Team Shelby Returns to the Winners Circle

DALLAS--April 21, 2004--The Shelby name returned to prominence in professional racing when Mike Ashley of Gotham City Racing drove a Pro Mod 1967 Shelby "Eleanor" G.T.500E drag racer to victory at the 17th Annual O'Reilly Spring Nationals in Houston on April 18, 2004. In only the second NHRA race for the factory Shelby ... Continue reading

Ford Motor Company Previews All-New 2005 Escape Hybrid at Lohas 8 Forum

Ford Motor Company Previews All-New 2005 Escape Hybrid at Lohas 8 Forum

Conference Serves as Influential Platform for Demonstrating Corporate and Social Responsibility Initiatives BROOMFIELD, Colo., April 21 -- As part of a groundbreaking sponsorship agreement announced today, Ford Motor Company will provide LOHAS 8 Forum attendees a preview of the new 2005 Ford Escape Hybrid, the cleanest ... Continue reading

The Status of Automotive Telematics in North America

The Status of Automotive Telematics in North America

MINNETONKA, Minn.--April 21, 2004--The availability of automotive telematics in North America continues to increase. According to Telematics Research Group, there are 25 brands of vehicles, representing more than 100 models that offer telematics equipment as standard or optional equipment in the North American Market. ... Continue reading

Industry Veterans to Oversee Leading Enthusiast Automotive Publishing Groups

Industry Veterans to Oversee Leading Enthusiast Automotive Publishing Groups

NEW YORK--April 21, 2004--PRIMEDIA Inc. today announced the appointment of industry veterans Steven Parr and John Rousseau to lead two newly created enthusiast automotive publishing groups within the company. These groups, Performance Automotive and International Automotive, are comprised of more than 50 magazines and ... Continue reading

Visteon Expands Radiator and Condenser Lines

Visteon Expands Radiator and Condenser Lines

PRESS RELEASE Contact: Jennifer Klas Visteon Aftermarket 800-896-2220 jklas@visteon.com <mailto:jklas@visteon.com> ___________________________________________________________ _________________ Visteon Expands Radiator and Condenser Lines Livonia, Michigan, April 21, 2000-Visteon Aftermarket has announced a significant ... Continue reading

DEFENDING CHAMPION PAUL TRACY STARTS 2004 SEASON ON TOP

DEFENDING CHAMPION PAUL TRACY STARTS 2004 SEASON ON TOP

LONG BEACH (April 18, 2004) &#8211; Paul Tracy (#1 Indeck Ford-Cosworth/Lola/Bridgestone) started his championship-winning campaign a year ago with a three-race win streak in the Bridgestone Presents The Champ Car World Series Powered by Ford, building early-season momentum that he had rarely enjoyed during his previou ... Continue reading

Dollar Rent A Car Opens Location at Greensboro, N.C., Piedmont Triad International Airport

Dollar Rent A Car Opens Location at Greensboro, N.C., Piedmont Triad International Airport

TULSA, Okla., April 20 -- Dollar Rent A Car, a subsidiary of Dollar Thrifty Automotive Group, Inc. , is now open for business in-terminal at the Greensboro Piedmont Triad International Airport. "We're pleased to open in-terminal at the Greensboro airport, located in North Carolina's picturesque heartland," said Dollar ... Continue reading

Noble International Posts Diluted EPS of $0.36 in First Quarter 2004

Noble International Posts Diluted EPS of $0.36 in First Quarter 2004

Company Raises 2004 EPS Guidance to $1.38 to $1.42 per Diluted Share WARREN, Mich., April 20 -- Noble International, Ltd. ("Noble" or the "Company"), announced its operating results for the first quarter of 2004. For the quarter ended March 31, 2004, Noble posted net income from continuing operations of $3.3 million ve ... Continue reading

NHTSA Grants Nissan Petition to Combine Car Fleets under CAFE

NHTSA Grants Nissan Petition to Combine Car Fleets under CAFE

A 1980 amendment to the law that regulates the fuel efficiency of new cars and light trucks has led the U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) to grant a petition from Nissan North America changing the way Nissan's cars made in Mexico are affected by those standards a ... Continue reading

The APA Calendar For May/June 2004

The APA Calendar For May/June 2004

The Automotive Press Association National Media Calendar The following calendar of events was compiled by the Detroit-based Automotive Press Association in cooperation with automakers and other industry newsmakers. The calendar also is transmitted monthly on PR Newswire and is for background only, not for publication. ... Continue reading

GM Goodwrench Announces New Hispanic Advertising Campaign

GM Goodwrench Announces New Hispanic Advertising Campaign

Detroit, Mich. - GM Goodwrench is launching a new Hispanic TV and radio advertising campaign with the theme "People Love Cars" (Todos Amamos Nuestros Carros) using the tagline "Mr. Goodwrench is my 'mecánico de confianza' (trusted mechanic)." Chicago-based Lápiz, a Hispanic marketing communications agency, developed ... Continue reading

SEMA pflegt den Absatzmarkt China: Die Führungsspitze der Specialty Equipment Market Association nimmt Geschäftschancen für seine Mitglieder ins Visier

SEMA pflegt den Absatzmarkt China: Die Führungsspitze der Specialty Equipment Market Association nimmt Geschäftschancen für seine Mitglieder ins Visier

SHANGHAI, China, April 21 -- Verbandsfunktionäre der Specialty Equipment Market Association (SEMA) werden gemeinsam mit Mitgliedsfirmen eine Handelsmission nach China unternehmen, die Neuland beschreiten wird. SEMA vertritt über 5.000 Mitgliedsunternehmen aus 47 Nationen, die jährlich über 29 Mrd. USD in den Segmen ... Continue reading

Michael J. Burns es elegido nuevo presidente de Dana Corporation

Michael J. Burns es elegido nuevo presidente de Dana Corporation

TOLEDO, EE UU, April 21 -- - Se convierte en el octavo presidente de la compañía en sus 100 años de historia Dana Corporation ha anunciado hoy que su consejo de administración ha elegido al director general y consejero delegado Michael J. Burns para que pase a ocupar el cargo de presidente. (Logo: http://www.newsco ... Continue reading

SEMA promociona sus ventas en China

SEMA promociona sus ventas en China

SHANGAI, China, April 21 -- - El liderazgo de la Specialty Equipment Market Association evalúa las oportunidades empresariales de sus miembros Una de las nuevas misiones de desarrollo más importantes para el mundo del mercado del automóvil llevará a los ejecutivos de la Specialty Equipment Market Association (SEMA) ... Continue reading

Its All Gravy and Bling Bling as Hip Hop Brings Bigger Profit To Car Makers

Its All Gravy and Bling Bling as Hip Hop Brings Bigger Profit To Car Makers

DETROIT, April 20, 2004; Michael Ellis writing for Reuters reported that- Hip-hop's move into mainstream America is music to the ears of auto executives hoping to add "bling bling" to their brands and street credibility to their cars. Hip-hop's many references to flashy cars -- the "bling bling" that which has become a ... Continue reading

U.S. Government Considers Job Loses and Exempts Nissan from Fuel Economy Rule

U.S. Government Considers Job Loses and Exempts Nissan from Fuel Economy Rule

WASHINGTON April 20, 2004; Dee-Ann Durbin writing for the AP reported that U.S. regulators decided to exempt Nissan Motor Co. from government fuel economy standards, a highly unusual move prompted by concern enforcement could lead to U.S. job losses. Nissan asked the U.S. government in February for an exemption to the ... Continue reading

General Motors Beats Estimates for First-Quarter Profit, Boosts Guidance for Year

General Motors Beats Estimates for First-Quarter Profit, Boosts Guidance for Year

DETROIT April 20, 2004; The AP reported that General Motors Corp.'s profit of $1.3 billion roared past Wall Street's estimate for the first quarter and the world's largest automaker boosted its forecast for the current quarter and the full year, sending its shares higher Tuesday. GM cited strong results at its financin ... Continue reading

Chevy Notes - Waltrip Teleconference, Apr.20

Chevy Notes - Waltrip Teleconference, Apr.20

GM RACING, CHEVROLET Contact: Nancy Wager NASCAR NEXTEL Cup Teleconference GM Racing Communications April 20, 2004 nmwager@aol.com This week's NASCAR NEXTEL Cup Series Teleconference featured Michael Waltrip, driver of the No. 15 NAPA Auto Parts Chevrolet Monte Carlo and two-time Daytona 500 champion. Waltrip discussed ... Continue reading

Mustang Mania, Oklahoma Style, April 23-24

Mustang Mania, Oklahoma Style, April 23-24

WHAT: The all-new 2005 Ford Mustang will "invade" Oklahoma with the fervor of a rock 'n' roll tour stop, backed by 100 of its biggest fans, including the Great American Pony Drive II troupe crossing the United States to celebrate Mustang's 40th anniversary and the new model's arrival. WHEN: Friday, April 23, and Saturd ... Continue reading

Coors Light Dodge Gallops Off to Talladega with Kentucky Derby Paint Scheme

Coors Light Dodge Gallops Off to Talladega with Kentucky Derby Paint Scheme

Contact: Jennifer Powell, Chip Ganassi Racing with Felix Sabates, office: (704) 662-9642, cell: (704) 658-8540, jpowell@ganassi.com <mailto:nhamilton@ganassi.com> For Immediate Release Coors Light Dodge Gallops Off to Talladega with Kentucky Derby Paint Scheme MOORESVILLE, N.C. (April 20, 2004) ---Coors Light is teamin ... Continue reading

Flexsteel Announces Third Quarter and Year-to-Date Operating Results

Flexsteel Announces Third Quarter and Year-to-Date Operating Results

DUBUQUE, Iowa--April 20, 2004--Flexsteel Industries, Inc. today reported sales and earnings for its third quarter ended March 31, 2004. Effective September 18, 2003, Flexsteel Industries, Inc. acquired DMI Furniture, Inc. (DMI) in a business combination accounted for as a purchase. The operating results of DMI for the ... Continue reading

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