Giant Motorsports Reports Record First Quarter Results
Quarterly Revenue Grows 16.7% Leading to 59.7% Increase in Pre-Tax Income SALEM, Ohio, May 14 -- Giant Motorsports, Inc. (BULLETIN BOARD: GMOS) announced today record financial results for its first quarter ended March 31, 2004. The Company reported revenue of $11.2 million, a 16.7% increase versus $9.59 million during ... Continue reading
Media Advisory -- GM Racing Trailer Tour
Contact: Rick Voegelin GM Racing Communications (831) 320-4860 MEDIA ADVISORY What: Media Open House When: Sunday, May 16, 10 a.m. - noon Where: GM Racing Engineering Trailer Indianapolis Motor Speedway Transporter Parking Lot (east of Gasoline Alley) Why: Please join us for a tour of GM Racing's new double-decker engi ... Continue reading
VITEC to Celebrate 2003 GM Supplier of the Year Award Monday, May 17
May 17 Team Celebration to Include Wayne County Executive Robert Ficano; GM Executive Director of Worldwide Purchasing SPO and GM Supplier Diversity Jimmy D. McDonald; Detroit Economic Growth Corp. President and CEO George Jackson; and City of Detroit Director of Development Activities Henry Hagood among others WHO: VI ... Continue reading
APA/SECRETS OF AUTO DESIGN LUNCHEON
Please call immediately to reserve your spot for this exciting event. Also, be sure to note the earlier time start. APA/SECRETS OF AUTO DESIGN LUNCHEON DETAILS WEDNESDAY, MAY 19 - THE DETROIT ATHLETIC CLUB Whether you are a veteran or newbie on the auto scene in Detroit, here's an unprecedented opportunity to take a de ... Continue reading
dodge drivers comment on 2005 nexcup schedule
Friday, May 14, 2004. Ray Cooper Richmond International Speedway. Clear!Blue Dodge Notes, Quotes. 704-975-3232 DODGE Drivers comment on 2005 NASCAR NEXTEL Cup Schedule. CASEY MEARS (No. ... Continue reading
PLANO, Texas, May 14 -- Energy & Engine Technology Corporation (BULLETIN BOARD: EENT) (EENT) today announced that it will be attending and participating in the first National Idling Reduction Planning Conference on May 17-19, 2004, in Albany, New York. The Conference is billed as an all-inclusive event which brings tog ... Continue reading
Toyota's Calty Design Opens Satellite Studio in Ann Arbor
ANN ARBOR, Mich., May 14 -- Calty Design Research, Inc. today held a grand opening ceremony for its new satellite design studio located adjacent to the headquarters of Toyota Technical Center, U.S.A., Inc. (TTC). (Logo: http://www.newscom.com/cgi-bin/prnh/20030501/TOYLOGO ) Headquartered in Newport Beach, California, C ... Continue reading
BorgWarner Louis Schwitzer Award Candidates Announced
INDIANAPOLIS, Ind., May 14 -- The Indiana Section of the Society of Automotive Engineers (SAE) today announced six candidates for the 38th annual Borg Warner Louis Schwitzer Award, which will be presented May 21 at the Indianapolis Motor Speedway. The award, presented to engineers by engineers, honors early racing pion ... Continue reading
Clarion Goes After Transshipping; Files Suit Against Babas Electronics
GARDENA, Calif., May 14 -- Clarion Corporation of America, a leading manufacturer of mobile entertainment systems, filed a lawsuit on Thursday, May 13, 2004, charging a downtown Los Angeles distributor with the unauthorized sale and advertisement of Clarion's products. The suit was filed with the United States District ... Continue reading
Cummins Announces Intention to Retire Upcoming Debt Maturity with Available Cash
COLUMBUS, Ind.--May 14, 2004--Cummins Inc. today said it expects to repay its $225 million of Notes due March 2005 with available cash and, if necessary, through the use of existing short-term credit facilities. The Company anticipates strong cash flow generation in 2004 and beyond as a result of increased sales demand ... Continue reading
DaimlerChrysler Helps Shine a Clean Light on MorningSide Clean-Up Project
AUBURN HILLS, Mich., May 14 -- Local DaimlerChrysler facilities are joining forces with MorningSide neighborhood to organize Detroit's "Motor City Make Over." The community event will bring neighbors to help clean-up the new Gateway Park at Mack Avenue and Alter Road, and the East Warren Business District on Saturday, ... Continue reading
Mile Marker International, Inc. Announces 60% Higher Quarterly Cash Dividend
POMPANO BEACH, Fla.--May 14, 2004--Mile Marker International, Inc. (OTCBB:MMRK), a specialty vehicle parts distributor, today announced the payment of an increased quarterly cash dividend of $0.04 per common share. Mile Marker International, Inc. today announced that its Board of Directors authorized the payment of a q ... Continue reading
MINNEAPOLIS & SHAWNEE MISSION, Kansas--May 14, 2004--U.S. Bank Recreation Finance has partnered with the ROUTE 66 Dealer Network, LLC, a newly-formed national recreation vehicle dealer group, to offer special financing available to ROUTE 66 member dealers. The agreement offers ROUTE 66 dealers a custom, indirect lendin ... Continue reading
Autos at Most Affordable Level in 25 Years During First Quarter, Comerica Reports
DETROIT, May 14 -- The purchase of an average- priced new vehicle during the first quarter of 2004 took 20.5 weeks of median family income, before taxes, according to the Auto Affordability Index compiled by Detroit-based Comerica Bank. This is 0.7 weeks more affordable than fourth quarter's 21.2 weeks. Total cost, inc ... Continue reading
ANN ARBOR, Mich., May 14 -- General Motors' David Rand and Ford Motor Company's Marek Reichman -- two of Detroit's top interior strategy gurus -- will outline their company's respective directions at the "Future of Automotive Interiors" special panel presentation scheduled for Wednesday, May 19. This session is part of ... Continue reading
Online Book Club Discussion Scheduled for Wednesday, May 26, 2004 at 2PM SANTA MONICA, Calif., May 14 -- Michelle Singletary, syndicated personal finance columnist for the Washington Post, has named Edmunds.com's Strategies for Smart Car Buyers the May selection for her Color of Money Book Club. Lead author and Edmunds ... Continue reading
Dealix Corporation Names Former Ericsson Executive, David F. Wittenkamp, as Chief Financial Officer
REDWOOD CITY, Calif., May 14 -- Dealix Corporation, the market expert and leader in automotive Internet marketing services, has named David F. Wittenkamp as chief financial officer. Wittenkamp brings a wealth of experience in building and running technology companies to the Dealix executive team. Most recently, he serv ... Continue reading
Ward's Reports Estimated North American Vehicle Production - May 14, 2004
SOUTHFIELD, Mich., May 14 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 354,572 units, up 2.3 percent from the 346,685 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now totals ... Continue reading
Micronas Expands Into HDTV Market With Acquisition of LINX Electronics
Micronas to Provide Best-in-Class ATSC Receiver Technology ZURICH, Switzerland, May 14 -- Micronas (SWX Swiss Exchange: MASN; Frankfurt: MNSN; Prime Standard Segment, TecDAX) today announced that it has signed an agreement to acquire LINX Electronics, Inc., a fabless semiconductor company that develops innovative digit ... Continue reading
Timken Announces Plan for Canton Bearing Operations
CANTON, Ohio, May 14 -- The Timken Company announced today a plan to begin closing the Canton bearing manufacturing operations. The company expects most of the production to be shifted to its other U.S. plants. Current employment at the three Canton bearing plants is 1,300 people. Timken employs 4,800 in Stark County, ... Continue reading
T.J.T., Inc. Posts Higher Earnings in Second Quarter
EMMETT, Idaho--May 14, 2004--T.J.T., Inc. (OTCBB:AXLE), a recycler of axles and tires and wholesale distributor of O.E.M. parts and aftermarket material to the manufactured housing industry, posted net income of $0.0l per share for the second quarter ended March 31, 2004, compared to a loss of $0.03 per share in the sa ... Continue reading
LA Auto Club: Gasoline Continues Upward March, Setting New Records
LOS ANGELES--May 14, 2004--Investor concern over whether gasoline supplies will be sufficient to meet summer demand pushed gasoline prices upward locally and nationally for the second consecutive week, according to the Automobile Club of Southern California's Weekend Gas Watch. The national average for gasoline is $1.9 ... Continue reading
Ducati Motor Holding Announces First Quarter 2004 Results
- Strong sales and EBITDA growth and return to profitability - BOLOGNA, Italy, May 14 -- Ducati Motor Holding S.p.A. , a leading manufacturer of high performance motorcycles, today announced financial results for the first quarter ended March 31, 2004. For the first quarter of 2004, revenues were Euro 100.3 million up ... Continue reading
AAA Texas: Weekend Gas Watch; No Price Relief
HOUSTON--May 14, 2004--Gasoline prices skyrocketed to a new record high, according to AAA Texas' Weekend Gas Watch. The national average for gasoline is $1.950, 9.3 cents higher than last week's average, and more than 45 cents higher than last year's average. The Texas average for a gallon of regular self-serve jumped ... Continue reading
ISC Gains One Incremental NASCAR NEXTEL Cup Date; Company Raises 2004 Financial Guidance; Conference Call at 9:00 a.m. ET Today DAYTONA BEACH, Fla., May 14 -- International Speedway Corporation ("ISC") (BULLETIN BOARD: ISCB) today announced the following: -- The Company will acquire the assets of Martinsville Speedway ... Continue reading
Hometown Auto Retailers Announces First Quarter 2004 Results
WATERTOWN, Conn.--May 13, 2004--Hometown Auto Retailers Inc. (OTCBB: HCAR) today announced its financial results for the first quarter ended March 31, 2004. Hometown reported revenues of $65.9 million in the first quarter of 2004 versus revenues of $60.3 million for the same period in 2003, an increase of $5.6 million ... Continue reading
College Students to Spend Nearly $15 Billion on Cars in 2004m - And They Are TACH Viewers
360 Youth College Explorer Survey Reports 1.5 Million Students Will Buy Vehicles This Year ROCHESTER, N.Y., May 13 -- Gone are the days of borrowing your roommate's car. The annual 360 Youth College Explorer study, powered by Harris Interactive(R), today revealed findings indicating that nearly three of every four coll ... Continue reading
HYPER SPORT BECOMES AFTERMARKET PARTNER TO LOTUS OWNERS
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ArcaEx Indy 500 Practice Report (May 13, 2004)
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
GM Provides Glimpse into the Future of Transportation at WIRED NextFest
GM's Hydrogen Fuel Cell Portfolio And Hybrid Transit Bus At WIRED NextFest Highlight More Than 100 Innovative Exhibits SAN FRANCISCO - GM will present its portfolio of hydrogen fuel cell vehicles, the Hy-Wire, HydroGen3 and AUTOnomy, in addition to the 1952 Firebird I at WIRED NextFest, taking place from May 14-16. The ... Continue reading
OYSTER BAY, N.Y.--May 13, 2004--Historically, aftermarket automotive electronics solutions have been very competitive with OEM offerings because of their ability to lead on innovation and value. But with many new, lower-cost consumer electronics offerings entering the market, such as GPS-enabled PDAs and GPS-enabled ha ... Continue reading
Delphi to Help Fund Kettering University Center for Fuel Cell Systems and Powertrain Integration
FLINT, Mich.--May 13, 2004--Kettering University has received $100,000 for its fuel cell efforts from Delphi Corporation , propelling research on this emerging technology and helping Kettering establish a world-class education and trained workforce for this developing industry. Kettering's Center for Fuel Cell Systems ... Continue reading
Mazda Motor Corporation Promotes O'Sullivan to Managing Executive Officer
IRVINE, Calif., May 13 -- Mazda Motor Corporation, Hiroshima, Japan, today announced a series of executive management changes. As part of the announcement, James J. O'Sullivan was promoted from executive officer to managing executive officer, Mazda Motor Corporation, effective June 22, 2004. While taking on elevated re ... Continue reading
Pep Boys Chooses Continental Tire for Name-Brand Push
America's Premium Tire Brand Partners with Top Parts and Service Chain CHARLOTTE, N.C., May 13 -- Continental Tire has been selected by Pep Boys , America's leading automotive parts and service chain, as the tire of choice for their introduction of name-brand tires. Pep Boys is announcing that their national network of ... Continue reading
Visteon Names Jim Ryan Director, North America Aftermarket Sales
LIVONIA, Mich., May 13 -- Visteon Corporation has appointed Jim Ryan director of North America Aftermarket Sales. Ryan will be responsible for the growth and development of Visteon's North American Aftermarket Underhood Parts business. Ryan will report to Greg Gyllstrom, Visteon vice president and general manager of No ... Continue reading
HUMMER H2 SUT Sports Lightweight Nanocomposite Material
WARREN, Mich. May 13, 2004; There's more to the 2005 HUMMER H2 SUT than its reconfigurable open cargo bed. The functional and versatile SUT is the latest vehicle in General Motors Corp.'s line-up to benefit from a lightweight, high performance nanocomposite material. The H2 SUT cargo bed uses about seven pounds of mold ... Continue reading
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