AutoZone to Present at Upcoming Investor Conference
MEMPHIS, Tenn., April 22 -- AutoZone, Inc. , today announced it will be making a presentation to the investment community at the Lehman Brothers Retail Seminar at 8:45am (EDT) on Tuesday, April 27, 2004. A live broadcast of the presentation will be available online in the Investor Relations section of www.autozoneinc.c ... Continue reading
Bosch: The Course is Set for Growth
Good start into the year 2004 STUTTGART, April 22 -- The Bosch Group today reported a strong start in 2004 with sales for the group increasing by five percent in the first quarter. The Bosch Group generated sales growth in 2003 despite the difficult economic environment. Compared to 2002, sales increased by almost four ... Continue reading
HONG KONG, Apr. 22 /Xinhua-PRNewswire-FirstCall/ -- Brilliance China Automotive Holdings Limited (the "Company") announced today its results for the year ended December 31, 2003 in accordance with the generally accepted accounting principles in the United States and its Board's recommendation for a cash dividend paymen ... Continue reading
Experts Available To Discuss Increased U.S. Hybrid Vehicle Registrations in 2003
-- TOPIC: Registrations for hybrid vehicles showed an increase of 25.8 percent in the United States last year, according to an article by The Associated Press. The data, which comes from R.L. Polk & Co., shows registrations reached 43,435 in 2003. Most of the registrations for vehicles with gasoline-electric hybrid eng ... Continue reading
Ford Honors Penske Logistics with Two Q1 Awards
READING, Pa., April 22 -- Ford Motor Company has honored Penske Logistics with two Q1 awards, Ford's highest recognition of superior supplier quality. Penske received Q1 Preferred Quality Status as a Logistics Automotive Supplier and an Automotive Truckload Supplier. The prestigious Q1 certification acknowledges outsta ... Continue reading
Ford to Present at the 4th Annual Finance Industry Conference in Europe
Peter Jepson, Finance and Planning director of FCE Bank plc., and Dan Gardetto, Fixed Income Investor Relations manager of Ford Motor Company, will present to European fixed income investors at the 4th Annual Finance Industry Conference sponsored by the American Financial Services Association in Amsterdam, The Netherla ... Continue reading
LONDON--April 22, 2004--GlobeTrac Inc. (OTCBB:GBTR), a leading supplier of telematics and tracking services to the European market is pleased to announce, in conjunction with WebTech Wireless, the release of Turn Based Reporting(TM). Turn based reporting allows for the accurate reporting of all turns during a vehicle's ... Continue reading
IHRA Pre-Race: Harold Martin Sets Sights High for Rockingham
Contact: Jon G. Knapp TMG Sports Marketing Phone: (704) 662-3121 jgknapp@tmgsports.net Team ACDelco IHRA Pre-Race Fact Sheet Harold Martin Owner/Driver ACDelco Pro Modified Pontiac Grand Am Event: 34th Annual IHRA Spring Nationals, the second event of the 12-race, 2004 IHRA Hooters Drag Racing Series. Location: Rocking ... Continue reading
Magna International Inc. - Annual Meeting of Shareholders and first quarter 2004 results
TORONTO, April 22 -- Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) is holding its Annual Meeting of Shareholders on Thursday, May 6, 2004 at Roy Thomson Hall, 60 Simcoe Street, Toronto, Ontario, commencing at 10:00 a.m. EDT (Toronto Time). The meeting will be webcast live and can be accessed at www.magna.com. T ... Continue reading
Speedline Technologies to Showcase New Product Features at NEPCON Shanghai
FRANKLIN, Mass.--April 22, 2004-- Features Include: Electrovert(R) OmniExcel(R) 7 Reflow Oven MPM Gel-Flex(TM) Conformal Tooling System, MPM(R) Enhanced 2D with BridgeVision(TM) and MPM(R) Maxi-Miser(TM) Pump Technology Speedline Technologies, Inc. will showcase a host of new product features for its electronics manufa ... Continue reading
Titan International and Citicorp Venture Capital Enter Stock Purchase Agreement
QUINCY, Ill.--April 22, 2004--The Board of Directors of Titan International, Inc. and Titan's senior bank lenders have agreed to allow Titan to enter a stock purchase agreement with Citicorp Venture Capital, Ltd. (CVC). Through this agreement, Titan has purchased approximately 4.9 million shares (approximately 23 perce ... Continue reading
Transpro, Inc. to Broadcast First Quarter 2004 Conference Call over the Internet
NEW HAVEN, Conn.--April 22, 2004--Transpro, Inc. (AMEX:TPR) announced that it intends to release its first quarter results on Thursday, April 29, 2004 after the close of the market. In conjunction with this release, Transpro will hold a conference call on Friday, April 30, 2003 at 10:30 A.M. EDT, which will be simultan ... Continue reading
DaimlerChrysler May/To Sell Hyndai Share for $1 Billion
STUTTGART, Germany, April 22, 2004; Alexander Huebner writing for Reuters reported that DaimlerChrysler AG is considering selling its 10 percent stake in Hyundai Motor Co Ltd, worth an estimated 850 million euros ($1 billion), supervisory board sources said on Thursday. DaimlerChrysler's supervisory board will be infor ... Continue reading
Ford Motor Co. Names Jim Padilla Chief Operating Officer Along With Other Management Changes
DETROIT April 22, 2004; John Porretto writing for the AP reported that Ford Motor Co. has given oversight of its global automotive business to the executive largely credited with improving quality and profits in North America, part of a realignment of top management at the nation's second-largest automaker. The biggest ... Continue reading
DaimlerChrysler Says No More To Yen Mitsubishi
BERLIN, April 22, 2004; Reuters reported that Daimlerchrysler said it was ceasing further financial support for Japan's Mitsubishi Motors Corporation. DaimlerChrysler said in a statement that its management and supervisory boards had decided in an extraordinary meeting "not to participate in a capital increase planned ... Continue reading
Ducati Confirms Interest in Moto Guzzi
BOLOGNA, Italy, April 22 -- Ducati Motor Holding S.p.A. , a leading manufacturer of high performance motorcycles, in response to news recently published in the press, today confirmed - as it has done in the past - its interest in Moto Guzzi. At the end of the due diligence process, Ducati will formally make an offer in ... Continue reading
Honda Hybrid Vehicles Top 2003 Hybrid Vehicle Registrations
TORRANCE, Calif., April 22 -- Honda led all other automakers in consumer registrations of hybrid vehicles in calendar year 2003, according to registration data released by R.L. Polk & Company today. The Civic Hybrid alone accounted for half of all hybrid vehicles registrations in 2003. According to R.L. Polk data, nati ... Continue reading
Autobytel Reports Results for First Quarter 2004
IRVINE, Calif.--April 22, 2004--Leading Internet automotive marketing services company Autobytel Inc. today announced financial results for the first quarter ended March 31, 2004. Highlights for the quarter: -- Net income of $2.1 million, or $0.05 per diluted share, a 138% increase quarter over quarter -- Cash generati ... Continue reading
Rising Gas Prices Call for Better Tire Care, Says Goodyear
During National Tire Safety Week, Goodyear Says Motorists Can Offset Record Fuel Prices Through More Vigilance at the 'Other' Pump AKRON, Ohio, April 22 -- As U.S. drivers complain about the prices they are paying at fuel pumps, they may not realize they have the ability to significantly reduce their transportation cos ... Continue reading
Toyota Releases New Premio and Arion Special Editions
Tokyo (JCNN) - Toyota Motor has added new special editions to its Premio and Arion mid-sized sedan lineups, and began marketing them through dealerships nationwide on April 19. The new Premio "L Package Premium Edition" models, based on the 1.5F and 1.8X "L Package" grades, feature special equipment including a dischar ... Continue reading
New Car Review: 2004 Chevrolet Malibu Maxx LS
DRIVING DOWN THE ROAD WITH CAREY RUSS - (c) 2004 - WEEK 16 2004 Chevrolet Malibu Maxx LS A medium-sized sport-utility vehicle is useful for carrying various combinations of people and cargo, but with rising gasoline prices and low SUV fuel economy ratings that versatility can be expensive to operate. Is there another s ... Continue reading
Sports Wheels, Inc. on Schedule with Our Business Plan
VANCOUVER, Wash.--April 22, 2004--Sports Wheels, Inc (Pink Sheets:SSWH) is pleased to announce that we are on schedule with our Business Plan to complete several major contracts with professional sports teams, universities, and NASCAR, through our marketing affiliates. We anticipate strong acceptance of our products by ... Continue reading
ARCA RE/MAX SERIES STEERS FOR SALEM This Sunday's (April 25) Kentuckiana Ford Dealers 200 will mark the 72nd appearance of the ultra popular ARCA RE/MAX Series at Salem Speedway. Salem has been a staple on the RE/MAX Series schedule since 1955 when Jack Harrison won the inaugural event in a Ford. Five-time series champ ... Continue reading
TRW Says Its Brake Calipers Offer High Performance, Lower Cost Across Broad Vehicle Range
LIVONIA, Mich., April 22 -- TRW Automotive, the world leader in foundation brakes and the number one supplier of calipers worldwide, is introducing an expanded lineup of brake calipers that offer outstanding performance at very competitive prices. (Logo: http://www.newscom.com/cgi-bin/prnh/20010824/TRWLOGO ) Among the ... Continue reading
Grupo Imsa Announces First Quarter 2004 Results
MONTERREY, Mexico--April 22, 2004--Grupo Imsa, S.A. de C.V. today announced results for the first quarter of 2004. Unless otherwise stated, all figures are presented in millions of March 31, 2004 pesos (Ps), or in millions of nominal U.S. dollars(a) (US$). First Quarter 2004 Highlights -- With a better environment for ... Continue reading
* $30,000 donation to fund educational outreach programs AUBURN HILLS, Mich. and DALLAS, April 22 -- Playing off the name of one of its newest vehicles -- the Chrysler 300C -- the Chrysler Group is donating a "300C-Note" -- or $30,000 -- to The Science Place & TI Founders' IMAX Theater as part of the Chrysler brand's " ... Continue reading
* $30,000 donation to fund educational outreach programs AUBURN HILLS, Mich. and ORLANDO, Fla., April 22 -- Playing off the name of one of its newest vehicles -- the Chrysler 300C -- the Chrysler Group is donating a "300C-Note" -- or $30,000 -- to the Orlando Museum of Science and Technology as part of the Chrysler bra ... Continue reading
OX2 Engine Reaches New Performance Thresholds
Advanced Engine Technologies Inc. Engineers Reach New Performance Levels in Development of the OX2 Engine LOS ANGELES, April 22 -- Advanced Engine Technologies Inc. (BULLETIN BOARD: AENG) announced today that testing and developmental progress on the OX2 engine continues as scheduled. As presented at the company's annu ... Continue reading
THE AUTO PAGE<br> By JOHN HEILIG<p> SPECIFICATIONS<br> MODEL: Scion xA<br> ENGINE: 1.5-liter DOHC four<br> HORSEPOWER/TORQUE: 108 hp @ 6,000 rpm/105 lb-ft @ 4,200 rpm<br> TRANSMISSION: 4-speed automatic<br> WHEELBASE: 93.3 in.<br> LENGTH x WIDTH x HEIGHT: 154.1 x 66.7 x 60.2 in.<br> STICKER PRICE: $15,783<br> Toyota's ... Continue reading
Samenvatting: Volkswagen koopt meerderheidsbelang in Nederlandse LeasePlan Corporation
De Raad van Toezicht van de Volkswagen Group heeft de Raad van Bestuur toestemming gegeven om samen met twee co-investeerders over te gaan tot de aanschaf van het Nederlandse bedrijf Dutch LeasePlan Corporation N.V., uit Almere-Stad, eigendom van ABN Amro Bank, Amsterdam. De koopprijs bedraagt 2 miljard euro. De verkop ... Continue reading
Chrysler Dealerships Across the Country Open Their Doors for 'Premiere Night/Days' Event
Weekend Event Offers Philadelphia a Sneak Peak at Chrysler's Hot New Vehicles DETROIT, April 22 -- WHAT: To celebrate the biggest product offensive in the Chrysler Group's history, Chrysler is inviting millions of consumers to dealerships across America to experience first-hand, the nine new vehicles being launched in ... Continue reading
Chrysler Dealerships Across the Country Open Their Doors for 'Premiere Night/Days' Event
Weekend Event Offers Georgia a Sneak Peak at Chrysler's Hot New Vehicles DETROIT, April 22 -- WHAT: To celebrate the biggest product offensive in the Chrysler Group's history, Chrysler is inviting millions of consumers to dealerships across America to experience first-hand, the nine new vehicles being launched in 2004. ... Continue reading
Chrysler Dealerships Across the Country Open Their Doors for 'Premiere Night/Days' Event
Weekend Event Offers Colorado a Sneak Peak at Chrysler's Hot New Vehicles DETROIT, April 22 -- WHAT: To celebrate the biggest product offensive in the Chrysler Group's history, Chrysler is inviting millions of consumers to dealerships across America to experience first-hand, the nine new vehicles being launched in 2004 ... Continue reading
Chrysler Dealerships Across the Country Open Their Doors for 'Premiere Night/Days' Event
Weekend Event Offers a Sneak Peak at Chrysler's Hot New Vehicles DETROIT, April 22 -- WHAT: To celebrate the biggest product offensive in the Chrysler Group's history, Chrysler is inviting millions of consumers to dealerships across America to experience first-hand, the nine new vehicles being launched in 2004. Designe ... Continue reading
SALT LAKE CITY--April 22, 2004-- Parvus GPS Module Supports NMEA and Binary GPS Protocols in Vehicle Navigation, Tracking and Telematics Applications Parvus(R) Corp. today unveiled its OrbiTrak(TM) 8R integrated GPS board, a low-cost Global Positioning System (GPS) receiver designed for mobile and vehicular PC/104 embe ... Continue reading
Thrifty to Pay 5% Commission on Corporate Rentals When Booked on THRIFTY.com
TULSA, Okla., April 22 -- Thrifty Car Rental, a subsidiary of Dollar Thrifty Automotive Group, Inc. today announced it would pay a five percent travel agent commission on eligible corporate rate programs only when booked on www.THRIFTY.com. Effective May 1, the commission will not be paid on corporate reservations made ... Continue reading
Team Lexus and Cooper Tire Form New Partnership
FOR IMMEDIATE RELEASE CONTACT: Patricia J. Brown, (419) 424-4370, pjbrown@coopertire.com OLE_LINK1Team Lexus and Cooper Tire Form New Partnership Cooper Expands its Motorsports Presence Findlay, Ohio, April 22, 2004 - COOPER TIRE & RUBBER COMPANY today announced a partnership with Team Lexus, which is participating in ... Continue reading
ATA and National Safety Council to Demo Highway Safety Measures
Share the Road Program Visits Kansas City with Life-saving Highway Safety Tips Though up to 134,000 Vehicles Travel I-70 Through Kansas City Daily, Most Automobile Drivers are Never Taught What They can do to Avoid Initiating an Accident With a Tractor-Trailer Who: Professional truck drivers, the American Trucking Asso ... Continue reading
Volkswagen AG: Aufsichtsrat ermächtigt Vorstand zu Beteiligung an LeasePlan Corp
Wirtschaftsredaktion HAMBURG, Deutschland--21. April 2004. Der Aufsichtsrat des Volkswagen-Konzerns hat in seiner heutigen Sitzung den Vorstand ermächtigt, gemeinsam mit zwei Co-Investoren die niederländische LeasePlan Corporation N.V., Almere-Stad, von der ABN Amro Bank, Amsterdam, zu erwerben. Der Kaufpreis bel ... Continue reading
Cooper Tire & Rubber Company Reaches New All-Time Record Sales, Driving Income Up 56 Percent
First Quarter Highlights * All-time record sales, year-over-year increase of 23 percent * Net income increased 56 percent * Earnings per share of 32 cents increased 52 percent * Earnings per share net of restructuring charges increased 64 percent * Tire Group sales increased 23 percent, setting a first quarter record * ... Continue reading
ALLETE First Quarter Net Income Climbs 19 Percent over 2003
DULUTH, Minn.--April 22, 2004--ALLETE, Inc. today reported first quarter 2004 earnings of 62 cents per share, compared with 54 cents per share in the first quarter of 2003. Net income for the quarter rose 19% to $52.5 million on revenue of $458.5 million, compared with $44.3 million on revenue of $422.9 million during ... Continue reading
Bolt Technology Reports Third Quarter Results
NORWALK, Conn.--April 22, 2004--Bolt Technology Corporation (AMEX:BTJ) today announced financial results for the third quarter and the first nine months of fiscal year 2004. Sales for the third quarter of fiscal 2004, the three months ended March 31, 2004, were $3,661,000 compared to $2,320,000 for the third quarter of ... Continue reading
VENICE, Calif.--April 22, 2004--American Honda Motor Co. will be showcasing a uniquely customized and autographed Honda Civic on Civic Tour 2004, designed by the tour's headlining band, Dashboard Confessional. The tour's signature grand prize will be on display at venues across the U.S. when the tour hits the road on M ... Continue reading
Duraswitch to Acquire Privately Held License Plate And Vehicle Recognition Technology Developer
Technology Viewed as a Key Tool for Homeland Security and Law Enforcement PHOENIX, April 22 -- Duraswitch , a technology developer and licensor, today announced that it has entered into a definitive agreement to acquire all of the shares of privately held Active Recognition Technologies, Inc. (ART), a developer and lic ... Continue reading
Ford Motor Company Announces Executive Appointments
Note: Ford executives will be available for questions from media and investors via conference call at 11:00 a.m. EDT: (North America: 877-810-2624; International: 617-786-1340; Passcode for both: 97-130-138) Media may attend the briefing in person at Ford World Headquarters in Dearborn, Mich. Audio-only replays will be ... Continue reading
SUNNYVALE, Calif.--April 22, 2004-- WHO: Ken Waichunas, P.E., Director of Automotive Business Development for U.S., VaST Systems Technology Corporation, Sunnyvale, Calif. WHAT: Presenting "Distributed Powertrain Controllers, Fact or Fiction?" which will describe the rapid advancements in powertrain electronics and resu ... Continue reading
DURA Automotive Reports First Quarter 2004 Results
ROCHESTER HILLS, Mich.--April 22, 2004--DURA Automotive Systems, Inc. , today reported revenues of $634.6 million for the first quarter ended March 31, 2004 compared to $592.8 million recorded in the prior-year period. Including a loss of $0.7 million from discontinued operations and a pretax facility consolidation cha ... Continue reading
Timken Announces Record First Quarter Sales
Record Quarterly Sales of $1.1 billion Strong Earnings Improvement Over Last Year's First Quarter CANTON, Ohio, April 22 -- The Timken Company today reported record sales of $1.1 billion for the first quarter of 2004, an increase of 31 percent from the prior year. Adjusted to include pro forma results for Torrington fo ... Continue reading
ALLETE Declares Dividend on Common Stock
DULUTH, Minn.--April 22, 2004--ALLETE's board of directors has declared a quarterly dividend on the company's common stock. A dividend of 28.25 cents per share of common stock was declared by the board. On an annual basis the dividend is equivalent to $1.13 per share, unchanged from the previous quarter. The regular qu ... Continue reading
CHICAGO, April 22 -- BorgWarner Inc. announced today that earnings per share grew by 10% to $1.82 in the first quarter of 2004. Demand for the company's technology for fuel-efficient engines in Europe and for four-wheel drive systems in North America continue to drive growth. Financial Results: Net earnings for the 200 ... Continue reading
FAIRFAX, Va.--April 22, 2004--The FBI recently indicted 17 men in the Northeast for allegedly misrepresenting mileage on approximately 10,000 used vehicle odometers. To help consumers in the region who suspect their odometer readings may have been altered, Carfax, the pioneer of vehicle history reports, is offering fre ... Continue reading
Chrysler Dealerships Across the Country Open Their Doors for 'Premiere Night/Days' Event
Weekend Event Offers Detroiters a Sneak Peak at Chrysler's Hot New Vehicles DETROIT, April 22 -- WHAT: To celebrate the biggest product offensive in the Chrysler Group's history, Chrysler is inviting millions of consumers to dealerships across America to experience first-hand, the nine new vehicles being launched in 20 ... Continue reading
$30,000 donation to fund educational outreach programs AUBURN HILLS, Mich., and ORANGE COUNTY, Calif., April 22 -- Playing off the name of its newest vehicles -- the Chrysler 300C -- the Chrysler Group is donating a "300C-Note" -- or $30,000 -- to Discovery Science Center of Orange County as part of the Chrysler brand' ... Continue reading
SEAL BEACH, Calif.--April 22, 2004-- Dallas Mayor Laura Miller and Clean Energy founder Boone Pickens join in groundbreaking ceremony for new station today Clean Energy, North America's leader in clean transportation, and the City of Dallas have developed a public/private partnership to construct and operate a compress ... Continue reading
Compuware Covisint to Assume Responsibility for General Motors EDI Communications With Suppliers
Covisint, a subsidiary of Compuware Corporation , announced today an agreement with General Motors to use Covisint Connect data messaging service. This is a strategic move for GM that will support traditional EDI as well as future ebXML-based communications through an advanced technology platform. More than 6,000 GM su ... Continue reading
Delphi Demonstrates Structured CAD/CAM Methodologies That Accelerate Innovation, Reduce Cycle Times
Delphi's innovative methodologies, Horizontal Modeling and Digital Process Design, provide best practices for CAD/CAM designers WHO: Michael Richardson, Director of Engineering, Delphi Steering Delphi Corp. . (Logo: http://www.newscom.com/cgi-bin/prnh/20020315/DEF002LOGO ) WHAT: Significant attention has been paid to t ... Continue reading
EnTCo's Monster Truck Attraction Rolls and Rumbles Into the Incredible Pizza Company
SOUTHAMPTON, Pa., April 22 -- Entertainment Technology Corporation (EnTCo), a wholly owned subsidiary of Environmental Tectonics Corporation (AMEX:ETC) , today announced an exciting development in its entertainment line of products. Incredible Pizza Company has contracted with EnTCo to deliver four Monster Truck simula ... Continue reading
Evader Signs Distributor for Athens Olympics
ATHENS, Greece--April 22, 2004--Bellevue, Washington-based Evader, Inc.(www.evader.us.) (NASD.OTC:EVDR), the maker of electric high-performance vehicles powered by their leading-edge proprietary technology, announced today that the Pontikos Group of Companies has been signed to distribute Evader electric vehicles in Gr ... Continue reading
icarz Announces New Executive Vice President
NEWTON, N.J.--April 22, 2004--icarz, Inc., the leading software innovator in the store and distributor systems, today announced appointment of Sanjay Apte as the Executive Vice President. In this role, Mr. Apte will have responsibility for software development, delivery and support. Mr. Apte is an accomplished business ... Continue reading
--Nextel Communications: WHAT: Nextel's Mini Experience, an interactive fan experience featuring full-motion racing simulators, will be on site at Fiesta Broadway for visitors to enjoy. The simulator ride allows visitors to race each other inside a NASCAR stock car, with picture screens and speakers giving riders the f ... Continue reading
Research and Markets: The Global Market for Automotive Heating, Ventilation and Air Conditioning
DUBLIN, Ireland--April 22, 2004--Research and Markets (http://www.researchandmarkets.com) has announced the addition of The global market for automotive heating, ventilation and air conditioning: 2004 edition to their offering. This brand new study comprehensively updates our original report on the global market for au ... Continue reading
Visteon Honors Outstanding Suppliers with 'Visteon Important Partner' Awards
DEARBORN, Mich., April 22 -- Visteon Corporation has announced the winners of its second annual Visteon Important Partner award program, which recognizes those suppliers that have exceeded expectations and demonstrated excellence in their collaborative efforts with Visteon. (Logo: http://www.newscom.com/cgi-bin/prnh/20 ... Continue reading
Volkswagen AG UK Regulatory Announcement: Acquisition
HAMBURG, Germany-- Supervisory Board Authorises Executive Board to Acquire Stake in LeasePlan Corp. In its meeting today the Supervisory Board of the Volkswagen Group authorised the Board of Management to acquire jointly with two co-investors the Dutch LeasePlan Corporation N.V., Almere-Stad, from ABN Amro Bank, Amster ... Continue reading
Global Auto Systems Appoints Christopher Dwight
IRVINE, Calif., April 22 -- Global Auto Systems Inc. has named Christopher Dwight director of global consulting and research. Based in Irvine, California, Dwight will be responsible for managing the company's international automotive consulting practice. Global Auto Systems provides industry analysis and insight to top ... Continue reading
Cummins Reports Strong First Quarter Earnings on 28% Sales Increase
COLUMBUS, Ind.--April 22, 2004--Fueled by strong performance in all of its business units, Cummins Inc. today reported first-quarter net earnings of $33 million, or 76 cents per share, compared to a loss of $31 million, or 79 cents a share, in the first quarter of 2003. Sales for the first quarter totaled $1.77 billion ... Continue reading
Tax Refunds Are Well Spent on a Car Feature That Saves Lives
Purchasing Automobiles with Electronic Stability Control Significantly Enhances Driver and Passenger Safety DETROIT, April 22 -- With tax return season underway, consumers who spend their dollars on automobiles with Electronic Stability Control (ESC) will get a high return on investment. By combining the technologies o ... Continue reading
Tire Company Urges Year 'Round Tire Care
National Tire Safety Week Is April 25 To May 1 GREENVILLE, S.C., April 22 -- Next week is National Tire Safety Week (April 25 to May 1), and Michelin urges drivers not to wait for a special time of year to think about the safety of their tires. According to the National Highway Traffic Safety Administration, more than ... Continue reading
Visteon Reports Improved First Quarter Earnings and Increases Full-Year Guidance
Highlights * Net income of $30 million reflects $45 million improvement over first quarter 2003 * First quarter revenue increased $268 million to $5 billion * Non-Ford sales increased 36% over first quarter 2003 to $1.3 billion * Significant new business wins with Hyundai, DaimlerChrysler, PSA and Nissan * Cash provide ... Continue reading
Global Auto Systems Appoints Michelle Krebs
DETROIT, April 22 -- Global Auto Systems Inc. has named Michelle Krebs editor of its weekly Global Auto Insider newsletter. Based in Detroit, Krebs will be responsible for managing the company's news operations, including editorial content on its GlobalAuto.net website. She will also oversee a global network of more th ... Continue reading
MILWAUKEE, April 22 -- Briggs & Stratton Corporation Briggs & Stratton today announced fiscal 2004 third quarter consolidated net sales of $654.7 million and net income of $71.3 million or $2.88 per diluted share. The third quarter of fiscal 2003 had consolidated net sales of $560.4 million and net income of $43.0 mill ... Continue reading
Visteon Will Supply Future Jeep Vehicle With Interior Systems
DEARBORN, Mich., April 22 -- Visteon Corporation's interior systems understanding, eye for design, consumer insight and innovative manufacturing will come together to differentiate the interior of a future Jeep vehicle. (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) Today's consumers value attention t ... Continue reading
Hybrid Vehicle Registrations Up 25.8 Percent in 2003
SOUTHFIELD, Mich., April 22 -- Nationwide registrations for hybrid vehicles rose to 43,435 in 2003 according to R. L. Polk & Co. The Honda Civic hybrid accounted for 50 percent of all registrations with a total of 21,750. Toyota Prius reached 20,387 registrations amounting to 47 percent of the market share. Honda Insig ... Continue reading
Volkswagen AG: Supervisory Board Authorises Executive Board to Acquire Stake in LeasePlan Corp.
HAMBURG, Germany--April 22, 2004--In its meeting today the Supervisory Board of the Volkswagen Group authorised the Board of Management to acquire jointly with two co-investors the Dutch LeasePlan Corporation N.V., Almere-Stad, from ABN Amro Bank, Amsterdam. The purchase price is 2 billion euro. The selling party will ... Continue reading
FT: Hyundai, DaimlerChrysler in talks on alliance
LONDON, April 21, 2004; Jean Yoon writing for Reuters contributed to this report DaimlerChrysler AG and Hyundai Motor Co. Ltd. (KSE:005380.KS - News) are in talks about the future of their alliance amid doubts about plans to build commercial vehicles and engines together, the Financial Times Web site reported on Wednes ... Continue reading
CSK Auto Corp. Lehman Brothers Presentation to Be Available on Web site
PHOENIX--April 21, 2004--Members of the senior management team of CSK Auto Corp. , the parent company of CSK Auto Inc., a specialty retailer in the automotive aftermarket, plan to make a presentation at the Lehman Brothers Seventh Annual Retail Seminar in New York at 2:10 p.m. Eastern time on Tuesday, April 27, 2004. T ... Continue reading
ArvinMeritor Names David W. Devonshire to the Board of Directors, Effective July 22, 2004
TROY, Mich., April 21 -- ArvinMeritor Inc. today announced that David W. Devonshire, executive vice president and chief financial officer for Motorola, Inc., has been elected to the ArvinMeritor Board of Directors, effective July 22, 2004. The announcement was made following the company's Board meeting, held at corpora ... Continue reading
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