Ward's Reports Estimated North American Vehicle Production- May 7, 2004
SOUTHFIELD, Mich., May 7 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 336,926 units, down 6.3 percent from the 359,706 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
GM Weekly North American Vehicle Production: April 26, 2004
Total U.S. Passenger Car 31,270 Total U.S. Truck 51,229 Total Canada Passenger Car 13,110 Total Canada Truck 6,983 Total N.A. Car and Truck 112,014 Note: Totals exclude joint venture, alliance production (i.e. HUMMER, NUMMI, etc.) North American Scheduled Overtime/Downtime for Week of May 03, 2004 Mon 5/10 Tue 5/11 Wed ... Continue reading
Capital Automotive Prices $100 Million Convertible Notes Offering
MCLEAN, Va., May 7 -- Capital Automotive REIT , the nation's leading specialty finance company for automotive retail real estate, today announced that it has priced a public offering at par of $100 million of 6% Convertible Notes due May 15, 2024. The notes are convertible, at the option of the holder, into the Company ... Continue reading
R. L. Polk & Co. Names Steve Flinker Managing Director, Australia
SOUTHFIELD, Mich., May 7 -- R. L. Polk & Co. announced today the appointment of Steve Flinker to Managing Director of R. L. Polk Australia. He will be based in Melbourne and will report directly to Kevin McCann, Senior Vice President, Asia-Pacific. (Logo: http://www.newscom.com/cgi-bin/prnh/20010104/DETH036LOGO ) In hi ... Continue reading
CTA Acoustics Celebrates Ribbon-Cutting at Corbin Kentucky Facility
Innovative industrial design and state-of-the-art manufacturing equipment support commitment to be world leader in acoustical and thermal insulation products CORBIN, Ky., May 7 -- CTA Acoustics today held the official ribbon-cutting ceremony for its new, premier 350,000-sq. ft. facility in Corbin, Kentucky, located app ... Continue reading
LA Auto Club: Gasoline Prices Make U-Turn -- Steep Increases Likely within the Week
LOS ANGELES--May 7, 2004--After two weeks of slight price declines, gasoline prices moved upward last week on investor jitters that supplies will not be sufficient to meet demand, according the Automobile Club of Southern California's Weekend Gas Watch. The national average for gasoline is $1.857, 4.5 cents higher than ... Continue reading
Automotive Students to Pop Hoods and Vie for State Auto Repair Championship
-- WHAT: The Southland's finest high school auto technology students will square off to diagnose and repair identically bugged Ford Crown Victorias at the 2004 Ford/AAA Student Auto Skills Competition at Irwindale Speedway, Friday, May 7. (Northern California has an identical contest the same day.) Highest scoring team ... Continue reading
AAA Texas: Weekend Gas Watch; Gas Prices Surge
HOUSTON--May 7, 2004--The average price of gasoline surged this week following slight decreases last week, according to AAA Texas' Weekend Gas Watch. The Texas average for a gallon of regular self-serve rose more than four cents to a record average of $1.73 a gallon. Last week, Corpus Christi posted the biggest decreas ... Continue reading
DUBLIN, Ireland--May 7, 2004--Research and Markets (http://www.researchandmarkets.com) has announced the addition of The Global Report on Automotive Retailing to their offering. Automotive retailing has faced significant hurdles in the past decade around the world, and the challenges have varied by region, but for the ... Continue reading
TORRANCE, Calif., May 7 -- For the second straight year, the Honda Odyssey earned the highest rating of any minivan in the AutoPacific Vehicle Satisfaction Award (VSA), a study measuring owners' satisfaction with their new vehicles. The Honda Odyssey ranked first among twelve minivans with a Vehicle Satisfaction Score ... Continue reading
GlobalAutoIndustry.com Launches The China Package for Auto Suppliers
TROY, Mich.--May 7, 2004--For the first time, automotive suppliers have a one-stop source of services and information to get them quickly up to speed when setting up operations in China. GlobalAutoIndustry.com is offering The China Package, a unique suite of market research, legal and trade sessions, human resources an ... Continue reading
Toyota zeichnet Hayes Lemmerz mit seinem "Distinguished Supplier Award"
NORTHVILLE, Michigan, May 6 -- Hayes Lemmerz International, Inc. gab bekannt, dass das Unternehmen drei renommierte Qualitätsauszeichnungen erhalten hat. Die Auszeichnungen wurden anlässlich der in Brüssel (Belgien) veranstalteten Feierlichkeiten zur Vergabe von Auszeichnungen an Zulieferer der Toyota Motor Europe M ... Continue reading
ACG Selects Johnson Controls for Outstanding Growth Award
GLENVIEW, Ill., May 6 -- The Association of Corporate Growth (ACG) has recognized Johnson Controls, Inc. with the ACG Outstanding Growth Award in 2004. ACG presents the award annually to a company with sales of at least $500 million that has demonstrated outstanding growth during the previous five years, as well as dis ... Continue reading
Arctic Cat Declares Quarterly Cash Dividend
THIEF RIVER FALLS, Minn.--May 6, 2004--Arctic Cat Inc. today announced that its board of directors has declared a regular quarterly cash dividend of 7 cents per share of common and class B common stock. The dividend is payable on or about June 1, 2004, to shareholders of record as of the close of business on May 12, 20 ... Continue reading
Bridgeston-equipped Reed wins AMA Supercross Championship
Attached is a press release for Bridgestone-shod rider Chad Reed winning the 250cc AMA Supercross Championship. ... Continue reading
Leading German Automotive Supplier Selects Brocade SilkWorm 12000 Director SAN JOSE, Calif., May 6 -- Brocade Communications Systems, Inc. (Brocade(R)) , the world's leading provider of infrastructure solutions for Storage Area Networks (SANs), today announced that ZF Friedrichshafen AG, a world leading manufacturer of ... Continue reading
Carlisle Companies Appoints Carol Lowe Chief Financial Officer
CHARLOTTE, N.C.--May 6, 2004--Richmond D. McKinnish, President and CEO of Carlisle Companies Incorporated , announced today that Carol Lowe has been promoted to the position of Vice President and Chief Financial Officer. Ms. Lowe has been serving in the role of Corporate Treasurer since joining Carlisle in January of 2 ... Continue reading
INDIANAPOLIS--May 6, 2004--Celadon Group, Inc. (NASDAQ-CLDN) announced that on Tuesday, May 11, 2004, at 11:30 A.M. (EDT), its Chairman, Chief Executive Officer, and President Steve Russell will make a presentation at the Bear Stearns Global Transportation Conference in New York City. The presentation will be broadcast ... Continue reading
Chrysler Group Announces Changes in Product Development
-- Finalize Product Teams consolidation to three 'architectures' -- Appoint Chief Engineers within each team -- Direct additional focus on advanced development of components and systems AUBURN HILLS, Mich., May 6 -- Chrysler Group today announced changes to its Product Development organization primarily designed to fin ... Continue reading
VENICE, Calif.--May 6, 2004--After a highly successful debut last year, the traveling Civic Tour Non-Stop Music Lounge presented by Alpine Electronics, will once again be a must see attraction for fans attending this year's tour featuring headliners, Dashboard Confessional along with Thrice, The Get Up Kids and special ... Continue reading
Classic Manufacturing, Inc. Acquired by Obsidian Enterprises, Inc.
INDIANAPOLIS, May 6 -- Obsidian Enterprises, Inc. (BULLETIN BOARD: OBDE) announced today the acquisition of Classic Manufacturing, Inc., a Michigan-based manufacturer of open and enclosed trailers. Classic Manufacturing produces commercial, racing and recreational trailers under the Classic Trailers brand identificatio ... Continue reading
Cox Assumes Crew Chief Duties for Stremme and Braun Racing
FOR IMMEDIATE RELEASE CONTACT: Spencer Andrews Braun Racing (704) 799-1118 spencer@braunracing.com Cox Assumes Crew Chief Duties for Stremme and Braun Racing Mooresville, NC (May 6, 2004) Randy Cox will take over crew chief duties for driver David Stremme and the TRIMSPA X32 Dodge beginning this weekend at Gateway Inte ... Continue reading
CXN/Bio-Tracking Proposes $1 Million Stock Repurchase Program
MONTREAL--May 6, 2004--CHINA XIN NETWORK MEDIA CORP. (CXIN:OTCBB) President, Chairman, and CEO Mr. Michael Tremis proposes a $1 million Company Stock Repurchase Program, subject to approval by the company's Board of Directors from the completion of $4 million in equity financing and total compliance with all applicable ... Continue reading
New electronic and hydraulic steering system improves handling, dramatically enhancing steering at all speeds PARIS, May 6 -- Delphi Corporation featured its new Active Front Steering (AFS) system during a media event held in Mortenfontaine, France, this week. (Logo: http://www.newscom.com/cgi-bin/prnh/20020315/DEF002L ... Continue reading
Delphi to Meet Changing Automotive Air Conditioning Needs, No Matter What the Alternative
PARIS, May 6 -- Major changes are on the horizon for automotive air-conditioning refrigerants. Chlorofluorocarbons (CFCs) have been phased out under international protocols because of their ozone-depleting properties and the current refrigerant, hydrofluorocarbon (HFC), is under scrutiny for its global warming potentia ... Continue reading
Details of Ford Motor Company's Annual Shareholders Meeting
DEARBORN, Mich., May 6 -- Ford Motor Company will hold its 2004 annual meeting of shareholders on May 13 at The Seelbach Hilton in Louisville, Kentucky. The meeting will begin at 10 a.m. EDT. The meeting can be accessed on a listen-only basis by dialing 800-299- 0148. (International dial-in number is 617-801-9711.) The ... Continue reading
SANTA MONICA, Calif., May 6 -- Edmunds.com (http://www.edmunds.com/), the Internet's premiere resource for consumer automotive information, today announced that the Toyota Sienna nudged the Honda Odyssey out of first place and bested three other competitors in the 2004 Minivan Comparison Test, which can be found at: ht ... Continue reading
Experts Available To Discuss Increased Fatalities Due to Auto Accidents
-- TOPIC: Data from the National Highway Traffic Safety Administration shows 43,220 people died in auto accidents in 2003, which is the highest number since 1990 when 44,529 deaths occurred, according to an article by The Associated Press. Of those who were killed last year, 58 percent were not wearing seat belts. Both ... Continue reading
FARO's Earnings Per Share Jump to 20 Cents From 4 Cents on 57% Sales Increase
LAKE MARY, Fla., May 6 -- FARO Technologies, Inc. today reported a 473% increase in net income in the first quarter of 2004 to $2.8 million, or 20 cents per diluted share, from $489,000, or four cents per diluted share in the first quarter of 2003. Fully diluted shares grew approximately two million shares or 16.5% to ... Continue reading
Guidepoint(TM) Reaches Agreement With Access Development
Telematics firm expands member-discount program for hotels, restaurants nationwide PONTIAC, Mich., May 6 -- Aftermarket telematics supplier GPSi today announced it has significantly expanded its member-discount benefit program for subscribers to its Guidepoint(TM) vehicle telematics service. The Pontiac, Mich.-based pr ... Continue reading
Lord Corporation Announces 6,500 Milestone for Graduates of I-Car Certified Fusor 001
CARY, N.C., May 6 -- Lord Corporation, maker of Fusor(R) Automotive Repair Adhesives -- the leading metal and composite bonding solution for automotive body repair -- has announced that more than 6,500 students have graduated from their Fusor 001 Metal and Plastic Bonding/Repair program. Lord Corporation is the first a ... Continue reading
Medallion Financial Corp. Announces First Quarter Results
- NYC Medallion Auction Sets New Records - Loan Portfolio Acquisition To Close Today - Dividend Increased NEW YORK, May 6 -- Medallion Financial Corp. , a specialty finance company with a leading position in servicing the taxicab industry and in small business commercial lending, and owner of the largest taxi top adver ... Continue reading
MSX International Returns to Profitability in First Quarter 2004
WARREN, Mich., May 6 -- MSX International, a global provider of technical business services, announced net income of $394 thousand on sales totaling $167.3 million for the first fiscal quarter of 2004, which ended April 4, 2004. In comparison, in the first quarter of 2003 the company recorded a net loss of $(3.6) milli ... Continue reading
Nexus Telocation Systems Ltd. Announces its 2003 Financial Results
Definitive Agreement for the Purchase of Pointer (Eden Telecom Group) Ltd. Executed GIVATAYIM, Israel, May 6 -- Nexus Telocation Systems Ltd. (BULLETIN BOARD: NXUS) , a leading provider of Stolen Vehicle Retrieval services, announced today its consolidated financial results for 2003. Nexus' net income in 2003 was $5.3 ... Continue reading
RepairOne Reports Best-Ever April Sales and Record-Setting First Quarter
PORT ORANGE, Fla., May 6 -- RepairOne today announced best-ever April sales, an increase of 59.7 percent over last year's record April. (Logo: http://www.newscom.com/cgi-bin/prnh/20040504/FLTU002LOGO-a ) RepairOne also posted its best-ever first quarter with sales up 97.0 percent over the same period last year. "We con ... Continue reading
Starcraft Reports Results for Fiscal Second Quarter; Affirms Full Year Outlook
GOSHEN, Ind.--May 6, 2004--Starcraft Corporation announced today the following results for the fiscal 2004 second quarter ended March 28, 2004. Net sales for the second quarter of fiscal 2004 were $39.2 million, versus $47.2 million for the second quarter of fiscal 2003. Net loss for the quarter was $47.3 million or $5 ... Continue reading
Tenneco Automotive Honored With Ford's 2003 World Excellence Award
Company Recognized for Supplying Exhaust Systems in Europe LAKE FOREST, Ill., May 6 -- Tenneco Automotive received Ford Motor Company's Silver World Excellence Award for its superior performance in 2003. The World Excellence Awards provide annual recognition based on quality, cost and delivery performance. Forty-two su ... Continue reading
Toyota Corrects Erroneous Story About Emergency Workers and Hybrid Vehicles
TORRANCE, Calif., May 6 -- 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. An Associated Press article and other reports indicated that emergency workers who cut through the doors o ... Continue reading
World-Famous BorgWarner Indianapolis 500 Trophy Adds Capacity for More Winners
New Base Will Accommodate Images of Race Champions Through 2034 CHICAGO, May 6 -- Sunday is Opening Day at the Indianapolis Motor Speedway, launching an exciting month of practice and qualifying that culminates May 30 in the 88th run of the "Greatest Spectacle in Racing", the Indianapolis 500. A victory at the legendar ... Continue reading
PARIS--May 6, 2004--Noting that one person is injured every two hours in a road accident in the United Arab Emirates (UAE), a leading university there announced today it will work with IBM on a device aimed at reducing traffic collisions. United Arab Emirates University, pointing to government traffic studies, said the ... Continue reading
SoBe Rides Shotgun With Jeep(R) Brand
Innovative Beverage Company and Legendary Automotive Brand Launch Joint Marketing Partnership NORWALK, Conn., May 6 -- SoBe Beverages announced today that the company will ride shotgun with Jeep(R) Brand in 2004. The innovative beverage company and the Jeep brand will join forces to reach consumers through several even ... Continue reading
Clean Diesel Trucks and Buses to Fuel Progress on New Air Quality Standards
2007 Prototype Technology on Display for the First Time; Briefings, Ride-alongs Available WASHINGTON, May 6 -- The future of clean diesel technology will be on display in Washington next week, including advanced technology tractor-trailer trucks, a hybrid diesel-electric bus, a state-of-the-art delivery van and a picku ... Continue reading
Coachmen Industries, Inc. Declares Regular Quarterly Dividend
ELKHART, Ind., May 6 -- Coachmen Industries, Inc. today announced that its Board of Directors has declared a $0.06 per share regular quarterly dividend. The dividend will be distributed on June 10, 2004 to shareholders of record as of May 20, 2004. This is the 87th consecutive quarter that Coachmen Industries has paid ... Continue reading
Fourteenth Annual Father's Day Auto Show Rolls into Yountville
YOUNTVILLE, Calif.--May 6, 2004--Car connoisseurs of all ages are invited to spend Father's Day weekend in Napa Valley. Vintage 1870 in Yountville will celebrate the "art of the driving machine" at its 14th Annual Father's Day Invitational Auto Show on Sunday, June 20, 2004, from 11:00 a.m. to 4:00 p.m. The event is fr ... Continue reading
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