Saab April 2004 U.S. Vehicle Sales
DETROIT, May 4, 2004; Reuters reported Saab Automobile AB U.S. sales of cars and light trucks in April 2004 vs. the same year-earlier month and for the year to date. April 2004 April 2003 % Change All Vehicles 3,474 4,967 -30.1% Domestic Car 0 0 N.A. Domestic Truck 0 0 N.A. Import Car 3,474 4,967 -30.1% Import Truck 0 ... Continue reading
Toyota Prius Engine Safety in the Event of an Accident
May 4, 2004 -- Torrance, CA -- The Toyota Prius gas-electric hybrid vehicle has many safeguards to help ensure safe operation for drivers and protection of emergency response professionals in the event of an accident. The high voltage batteries are contained in an extremely strong protective case located in a portion o ... Continue reading
Subaru Reports April Sales; Forester Sales Up 5 Percent
CHERRY HILL, N.J., May 4 -- 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 April sales of 13,605 units. The Legacy model line posted 6,224 units. Subaru Forester posted 4,476 units for April, up 5 percent ... Continue reading
"Truckfest" Drives Industry Sales Records for GM Trucks and Utilities New Chevrolet Equinox and Colorado Models Off to Fast StartDETROIT - General Motors dealers sold 401,451 new cars and trucks in April, up slightly (+0.2 percent) compared to April 2003. GM's truck sales (248,555) were up 1.5 percent and car sales (15 ... Continue reading
AIAG's Auto ID Event Explores Automatic Identification Technologies
NASA's Fred Schramm, Pioneer in Parts Marking, to be Keynote Speaker SOUTHFIELD, Mich., May 4 -- Fred Schramm, a pioneer in the development of parts-marking technology with NASA's George C. Marshall Space Flight Center, will be the keynote speaker at Auto ID Showcase. Hosted by the Automotive Industry Action Group (AIA ... Continue reading
BMW Announces Reduced Pricing for SIRIUS Satellite Radio
BMW 3 Series, X3 & X5 and MINI Owners Offered SIRIUS for Under $400 WOODCLIFF LAKE, N.J., and NEW YORK, May 4 -- BMW of North America announced a reduction in pricing of SIRIUS Satellite Radio receiver kits at BMW centers and MINI dealers across the country today. New car buyers of the BMW 3 Series and X5, MINI Cooper ... Continue reading
NORMAN, Okla.--May 4, 2004--Boundless Motor Sports Racing, Inc. (OTCBB:BMSR) (Boundless) announced that it has signed agreements with the country's top 15 sprint car drivers to participate in the rest of the 2004 World of Outlaws Sprint Series. These 15 drivers, who will be marketed to fans and promoters as the "Mean 1 ... Continue reading
Business Wire Named Official Wire Service for Auto-Tech 2004
DETROIT--May 4, 2004--The Automotive Industry Action Group (AIAG) has named Business Wire as the official newswire service for Auto-Tech 2004, according to John Piscopink, communications manager for AIAG. The conference and trade show will be held Aug. 31 through Sept. 2 at the Cobo Conference and Exhibition Center, in ... Continue reading
Lithia Motors Announces Closing of Convertible Note Offering, Purchase of Alaska Stores
MEDFORD, Ore.--May 4, 2004--Lithia Motors, Inc. today announced the completion of its sale of $85 million in principal amount of 2.875% convertible senior subordinated notes due 2014. The initial purchasers have been granted a 13-day option to purchase up to an additional $15 million in notes. The notes will be convert ... Continue reading
CHICAGO--May 4, 2004--LogicTools, a leading developer of supply chain planning solutions, will be participating at the Distribution/Computer EXPO 2004 on May 18-20 in Chicago. "We are issuing an invitation for companies to join us at the show to learn how LogicTools can help them design efficient supply chains. D/C Exp ... Continue reading
MINNEAPOLIS--May 4, 2004--ObjectFX Corporation, an innovative provider of a complete Java(TM) enterprise software platform that enables organizations to more effectively optimize their assets through the development of location-based applications, is providing the company's SpatialFX(R) solution as a standard for creat ... Continue reading
Oxford Management Services Launches New Call Center to Accommodate Current and Future Partners
PALM BEACH, Fla.--May 4, 2004--Oxford Management Services, an accounts receivable management firm with headquarters in New York, is pleased to announce the opening of its 3rd facility in Palm Beach, FL this past January. The new call center signifies a new stage in the company's growth and continued commitment to perfo ... Continue reading
Porsche(R) Celebrates 20 Years of Success in the Equity Markets
ATLANTA, May 4 -- Today marks the 20th anniversary of Dr. Ing. h.c.F. Porsche AG's initial public stock offering and a significant milestone in the evolution from a small, family-owned business to a large automobile manufacturer with a market capitalization of 9.6 billion Euro and annual revenues of 5.5 billion Euro. T ... Continue reading
DUBLIN, Ireland--May 4, 2004--Research and Markets (http://www.researchandmarkets.com) has announced the addition of A Review of the Automotive Market for Vehicle Access and Security Systems to their offering. The apparent ease and speed in which car crime occurs is putting increasing pressure on the major car lock man ... Continue reading
Society of Automotive Engineers Establishes New SAE Alabama Section
Alabama group first new SAE chapter established in 12 years BIRMINGHAM, Ala., May 4 -- The International Sections Board of the Society of Automotive Engineers (SAE) has formally approved the formation of the professional organization's first new section in 12 years -- SAE Alabama Section. "With the growth of the automo ... Continue reading
The Mercedes-Benz CLK DTM AMG: thoroughbred race-track technology for the road
With its combination of state-of-the-art motorsport technology, driving dynamics more familiar from the race-track, captivating styling features and unrivalled exclusivity, the new Mercedes-Benz CLK DTM AMG will set the pulses of car enthusiasts racing that much faster. Limited to a production run of only 100 units, th ... Continue reading
Ferrari Maserati Group new appointments
While Luca di Montezemolo continues to head the Ferrari Maserati Group as its President and C.E.O., the following changes will come into effect as from 1st June 2004: - Martin Leach takes on the role of Maserati C.E.O; - Jean Todt takes on the role of Ferrari Managing Director, while maintaining his present responsibil ... Continue reading
Rolls-Royce North America Supports US Olympic Team
CHANTILLY, Va., May 4 -- Rolls-Royce North America today announced its first ever support for the US Olympic Team. The company will participate in the VIIIth Olympic Dinner, the national celebration of America's participation in the Olympic Games hosted by the US Olympic Committee (USOC). The Dinner takes place tonight ... Continue reading
Automotive Retailing Today Announces New Chairman
MCLEAN, Va., May 4 -- Automotive Retailing Today (ART) today welcomed Alan Starling as its new Chairman of the Board during the association's semi-annual meeting in Washington, DC. Starling succeeds Jim Willingham, who served as chairman for the past three years. Starling, president of Fairway Chrysler, Jeep, Dodge and ... Continue reading
Letter from Europe-more knives than cars! Andrew Frankl European Bureau Chief While the title might be a slight exaggeration some leading lights in the automotive world have certainly been more preoccupied with their own careers than with the production of cars and trucks. First we had the soap opera in Detroit at the ... Continue reading
RepairOne Wins Top Shop Web Honors as Best on the Web by Automotive Service Leaders
BOWLING GREEN, Ky., May 4 -- Automotive Service Leaders announces that RepairOne received Top Shop on the Web honors. After reviewing hundreds of independent automotive repair service center web sites, RepairOne was chosen for the first-ever Top Shop Web Award. The award recognizes both outstanding web design and the s ... Continue reading
Edelbrock Corp. Reports Improvement in Sales and Earnings
TORRANCE, Calif.--May 4, 2004--Edelbrock Corporation today reported an improvement in sales and earnings for its fiscal 2004 third quarter and nine months ended March 25, 2004. For the quarter, revenues increased 11.3% to $28,551,000 from $25,658,000 in the comparable period of fiscal 2003. Net income for the third qua ... Continue reading
Multiple Benefits Enable Hybrid Vehicles to Race Ahead of Battery and Fuel Cell Versions
The popularity of hybrid vehicles, which combine the beneficial attributes of an internal combustion engine and a battery pack, offsets the roadblocks confronting battery, electric, and fuel cell vehicles. With Asia leading the electric vehicle revolution, intense development efforts undertaken in this region are likel ... Continue reading
Date & Venue Change for Skip Barber National
If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email /f ... Continue reading
Allied Holdings Reports First Quarter Results
DECATUR, Ga., May 4 -- Allied Holdings, Inc. (AMEX:AHI) today reported results for the first quarter ended March 31, 2004. The Company reported revenues of $212.2 million in the first quarter of 2004, versus revenues of $213.6 million in the first quarter of 2003. The Company experienced a net loss of $9.0 million in t ... Continue reading
A.T. Kearney Wins Perpetual License Agreement From Volkswagen for Use of eSourcing Tool
Automotive OEM Commits to Permanent License for eSourcing Solution Behind Firewall for First Time Ever; Builds Upon $60 Billion in Spend CHICAGO, May 4 -- A.T. Kearney Procurement Solutions, the eSourcing technologies and services unit of A.T. Kearney, a global management consulting firm, today announced that Volkswage ... Continue reading
Bluetooth-Enabled Products Poised to Swim in the Mainstream Reports In-Stat/MDR
SCOTTSDALE, Ariz.--May 4, 2004--Although Bluetooth-enabled devices haven't quite entered the true mainstream yet, they are poised to take that next step, finds In-Stat/MDR (http://www.instat.com). With mobile phones, PDAs, and headsets making significant strides over the last year, the automotive market beginning to ma ... Continue reading
Cooper Tire & Rubber Company Declares 129th Consecutive Quarterly Dividend
FINDLAY, Ohio, May 4 -- Cooper Tire & Rubber Company today announced a quarterly dividend of 10.5 cents per share on common stock, payable June 30, 2004 to stockholders of record at the close of business June 4, 2004. This will mark the 129th consecutive quarterly dividend paid by Cooper Tire & Rubber Company. ... Continue reading
Decoma Announces Financial Results for First Quarter of Fiscal 2004
CONCORD, ONTARIO, Canada, May 4 -- - Acquisitions and new facility start-ups contribute to strong sales and content growth All Dollars are US unless otherwise stated Decoma International Inc. (TSX:DEC.A; NASDAQ:DECA) today announced its financial results for the first quarter ended March 31, 2004. Financial Highlights ... Continue reading
Delphi Steering Names New Finance Director
David Knill is named director of finance and business decision support for Delphi Steering TROY, Mich., May 4 -- Delphi Corp. announced today that David H. Knill, 38, has been named director, finance and business decision support for Delphi Steering, with headquarters located in Saginaw, Mich. In this new assignment, K ... Continue reading
MONTREAL, & CHARLOTTE, N.C.--May 4, 2004-- Galaxia Solutions for Enterprise Collateral Business Processes to Enhance ENOVIA Lifecycle Applications Product Lifecycle Management (PLM) and decision support solutions provider Enovia Corp., a Dassault Systemes company (Euronext Paris: #13065, DSY.PA), today announced the si ... Continue reading
Goodyear Honors More Than 350 Associates for Inventions, Patents
AKRON, Ohio, May 4 -- The Goodyear Tire & Rubber Company has recognized more than 350 of its technical associates for their inventions and innovations. The associates, who work in the company's Technical Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, were responsible for more than 260 U.S. patents and 68 trade se ... Continue reading
Harbour Group Acquires Tech Lighting LLC
ST. LOUIS, May 4 -- Harbour Group has acquired Tech Lighting LLC, a leading designer and manufacturer of architectural lighting systems, Sam Fox, Harbour Group's Chairman and Chief Executive Officer, announced today. The company was purchased from Dixon Midland LLC, a private investment group based in Chicago. Terms of ... Continue reading
DOVER, Del., May 4 -- MBNA, the largest independent credit card lender in the world and the recognized leader in affinity marketing, today announced that the MBNA 400 NASCAR race at Dover International Speedway on Sunday, June 6 will be known as, "The MBNA 400: A Salute to Heroes," in honor of the 60th anniversary of D ... Continue reading
Saba Selected by Renault and Nissan for Worldwide Dealer Network Enterprise Learning Initiative
REDWOOD SHORES, Calif.--May 4, 2004-- Agreement Will Enable Both Manufacturers to Offer a Comprehensive Web-Based Solution to Their Distribution Network of Subsidiaries, Dealerships and Agents Saba , the leading provider of human capital development and management (HCDM) solutions, today announced that Renault and Niss ... Continue reading
Supreme Industries Reports Improved Earnings and Revenues and Increases Cash Dividend
GOSHEN, Ind.--May 4, 2004-- Revenues Increased 47.6 Percent and Diluted Earnings Per Share Increased 167 Percent over Q1 2003 Supreme Industries, Inc. -- (AMEX:STS), a leading manufacturer of specialized vehicles including truck bodies and shuttle buses, today announced financial results for the 2004 first-quarter peri ... Continue reading
Toyota's Georgetown Plant Honors Ryder With 2003 Outstanding Business Partner Award
- Award Given to a Top Service Partner That Excels in Overall Management, Cost Savings, Quality, Engineering and Safety Leadership - MIAMI, May 4 -- Ryder System, Inc. , a global leader in transportation and supply chain management solutions, announced today it has been awarded Toyota's 2003 Outstanding Business Partne ... Continue reading
KBB: Nearly 40% of Car Buyers Say Gas Prices Have Affected Vehicle Purchase Decision
Additional New Car Buyers Say 25 Cent Increase in Gas Prices Will Affect Their Purchase Decision IRVINE, Calif., May 4 -- In today's environment of increasing gas prices and expectations of record high levels this summer, the latest wave of AutoVIBES -- a monthly study from Harris Interactive and Kelley Blue Book -- sh ... Continue reading
Toyota and Fujitsu Ten Launch World's First SRS Circle Surround-Enabled Automotive Audio Systems
Fujitsu Ten Sells New Circle Surround Automotive in Entertainment and Navigation Control Systems to Toyota as a Dealer Installed Option and Promotes Circle Surround in Their Aftermarket Eclipse Brand SANTA ANA, Calif., May 4 -- SRS Labs, Inc. , a leading provider of innovative audio, voice and semiconductor technology ... Continue reading
Staggering Forecast for China Auto Parts Market an Opening for New Business Models
BERKELEY, Calif., May 4 -- 2003 was a remarkable year for the automobile market in China. Car production grew 80 percent and domestic car sales soared nearly 70 percent over the year before. During 2003 the total import to China of cars and car parts grew 86 percent over 2002. China now ranks fourth in automobile produ ... Continue reading
Driver Cindi Lux To Appear On Friday's NBC TODAY Show
Cindi Lux To Appear On Friday's NBC TODAY Show ALOHA, Ore., May 4, 2004 - One of the country's leading female race drivers, Cindi Lux, will be featured in a special segment on the country's leading morning news and information show. Lux will be a guest of NBC's TODAY Show on Friday, May 7. The Aloha, Oregon-resident wa ... Continue reading
U.S. Department of Energy to Develop Next Generation Hydrogen Storage Technology
IRVINE, Calif., May 4 -- Quantum Fuel Systems Technologies Worldwide, Inc., announced today that it has finalized the contractual terms with the U.S. Department of Energy and has commenced Phase I of its $2.6 million program for the development and advancement of next generation hydrogen storage technologies. (Logo: ht ... Continue reading
Delphi Shows Forewarn Lane Departure Warning in Europe
PARIS, May 4 -- Delphi Corp. demonstrated its Forewarn Lane Departure Warning System at a media event held here today at Mortefontaine, France. (Logo: http://www.newscom.com/cgi-bin/prnh/20020315/DEF002LOGO ) The Delphi system is designed to help alert drivers to unintentional lane changes caused by lack of driver atte ... Continue reading
Canadian Tire Retail Selects Fujitsu For In-store Technology Systems and Services
MISSISSAUGA, Ontario--May 4, 2004--Canadian Tire Retail and the Canadian Tire Dealers' Association have named Fujitsu Transaction Solutions Inc. as their supplier of retail point-of-sale hardware systems and services for Canadian Tire stores. Fujitsu will supply its TeamPoS 2000 M POS terminals, PRIMERGY TX150 servers ... Continue reading
Transportation Resource Partners and GS Capital Partners Agree to Acquire Autocam
KENTWOOD, Mich.--May 4, 2004--Autocam Corporation announced today that an entity formed by a group of investors including Transportation Resource Partners, LP, GS Capital Partners 2000, L.P. and John Kennedy, CEO of Autocam, has signed a definitive agreement to acquire the Company for $390 million from Aurora Capital G ... Continue reading
Tower Automotive Announces Proposed Offering Of Convertible Senior Debentures
NOVI, Mich.--May 4, 2004--Tower Automotive, Inc. today announced its intention to offer in the near future $110.0 million principal amount of convertible senior debentures due 2024. The company would grant to the initial purchasers an option to purchase an additional $15.0 million principal amount of the debentures wit ... Continue reading
Infiniti G35 Rock Steady at #1 on LeaseCompare.com Top 10 List
Infiniti G35 Rock Steady at #1 in New Car Leasing on LeaseCompare.com Top 10 List CINCINNATI, May 4, 2004 (BUSINESS WIRE) -- Automobile Consumer Services, Inc. (ACS), the leader in online direct-to-consumer auto leasing, released a list of the top 10 most requested vehicles from its popular auto leasing website www.Lea ... Continue reading
April 2004 U.S. Car Sales - Notes and Quotes
DETROIT May 3, 2004; John Porretto writing for the AP reported that Americans' appetites for gas-slurping pickups and sport utility vehicles boosted business for several automakers last month, even as high fuel prices helped contribute to record sales for gas-electric hybrid cars. Ford Motor Co.'s overall sales for Apr ... Continue reading
Toyota to Train Foreign Workers
NAGOYA May 4, 2004; Japan Today reported that Toyota with its operations globalizing rapidly, will form a support group of some 2,000 engineers, chiefly veterans, to train overseas plant workers in Japan, officials said Monday. Toyota currently sends a large number of engineers and workers from Japan to overseas plants ... Continue reading
ArvinMeritor Announces Agreement to Sell Kenton, Ohio, Facility
TROY, Mich., May 3 -- ArvinMeritor, Inc. announced today that it has signed a definitive agreement to sell its Commercial Vehicle Systems (CVS) Kenton, Ohio, facility to a subsidiary of Sypris Solutions, Inc., which is headquartered in Louisville, Ky. (Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO ) The ... Continue reading
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