The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

May 2004

Select Another Month

Wednesday, May 26, 2004

Frost & Sullivan Honors Industrial Technologies Leaders

Frost & Sullivan Honors Industrial Technologies Leaders

PALO ALTO, Calif.--May 26, 2004--Frost & Sullivan honored industry leaders for outstanding performance and achievements at last week's annual Excellence in Industrial Technologies Awards Banquet in Miami, Fla. The banquet recognized companies and individuals for technological developments that are predicted to encourag ... Continue reading

GM Honors Top Innovators of 2003

GM Honors Top Innovators of 2003

DETROIT, Michigan May 25, 2004; General Motors honors its top innovators of 2003 at the 28th annual "Boss" Kettering Awards ceremony today. The "Boss" Kettering Award is GM’s highest award for recognizing GM technical inventions and innovations. Its purpose is to honor individuals who have developed outstanding i ... Continue reading

Boston Acoustics, Inc. Announces the Restructuring of its Board of Directors

Boston Acoustics, Inc. Announces the Restructuring of its Board of Directors

PEABODY, Mass.--May 26, 2004--Boston Acoustics, Inc. today announced a restructuring of its board of directors. As a part of the restructuring, two new independent directors, David E. Bell and E. William Boehmler, have been elected to the board effective immediately. Messrs. Bell and Boehmler will serve as directors un ... Continue reading

Deere & Company Announces Quarterly Dividend

Deere & Company Announces Quarterly Dividend

MOLINE, Ill., May 26 -- The Deere & Company Board of Directors today declared the regular quarterly dividend of 28 cents per share, payable August 2, 2004, to stockholders of record on June 30, 2004. ... Continue reading

Donaldson Company Announces Record Third Quarter Results

Donaldson Company Announces Record Third Quarter Results

MINNEAPOLIS--May 26, 2004-- Record third quarter EPS at $0.33, up 18 percent on record $371 million sales Donaldson Company, Inc. , today reported record diluted earnings per share of $0.33 for the third fiscal quarter ended April 30, 2004, up from $0.28 last year. Net income was a record $29.6 million, up from $25.3 m ... Continue reading

Fastest and quickest in Funny Car, Bazemore realistic for Topeka

Fastest and quickest in Funny Car, Bazemore realistic for Topeka

DON SCHUMACHER RACING 2004 NHRA POWERade DRAG RACING SERIES Round 9 of 23 O'REILLY NHRA SUMMER NATIONALS HEARTLAND PARK TOPEKA (Kan.) RACE DATES: MAY 28-30, 2004 FOR IMMEDIATE RELEASE Contact: Judy Stropus, 203-438-0501; cell 203-243-2438 Note: In case you missed it, Whit Bazemore became the fastest and quickest Funny ... Continue reading

Johnson Controls Declares Cash Dividend; Elects Additional Corporate Officers

Johnson Controls Declares Cash Dividend; Elects Additional Corporate Officers

MILWAUKEE, May 26 -- The Directors of Johnson Controls, Inc. today declared a regular quarterly cash dividend of $.225 on each share of common stock. The dividend is payable on June 30, 2004 to shareholders of record June 11, 2004. (Logo: http://www.newscom.com/cgi-bin/prnh/20030423/JCILOGO ) The Board of Directors als ... Continue reading

Mace Security International Raises Five Million Dollars

Mace Security International Raises Five Million Dollars

MOUNT LAUREL, N.J.--May 26, 2004--Mace Security International, Inc. ("Mace" or "the Company") , a manufacturer of electronic surveillance and personal defense products, and an owner and operator of car and truck wash facilities, today announced the completion of a stock purchase agreement with a private institution to ... Continue reading

Major League Baseball Hits a Homerun with Traffic Safety

Major League Baseball Hits a Homerun with Traffic Safety

Unveils New Campaign to Improve Fan Safety In & Out of the Ballpark NEW YORK, May 26 -- Major League Baseball is hoping to help make it a record-breaking season. Record-breaking for safety belt use that is. MLB is teaming up with the National Highway Traffic Safety Administration (NHTSA) and TEAM Coalition to unveil ne ... Continue reading

Metaldyne Announces Receipt of Extended Waivers Under Senior Credit and Receivables Facilities

Metaldyne Announces Receipt of Extended Waivers Under Senior Credit and Receivables Facilities

PLYMOUTH, Mich., May 26 -- Metaldyne Corporation (the "Company") announced that it has received new extended waivers in respect of its senior secured credit facilities and accounts receivable securitization facility with respect to certain provisions requiring the Company to deliver financial statements and certain rel ... Continue reading

NES Rentals Names Andrew Studdert President & CEO

NES Rentals Names Andrew Studdert President & CEO

- Former United Airlines COO Led Carrier to Highest Rankings in Performance and Customer Service - CHICAGO, May 26 -- NES Rentals Holdings, Inc. (BULLETIN BOARD: NLEQ) has named Andrew P. Studdert its new President & CEO, effective June 1. Studdert is the former Chief Operating Officer of UAL Corporation/United Airline ... Continue reading

PR: JDO Experts Work Together to Educate European Community

PR: JDO Experts Work Together to Educate European Community

FOR IMMEDIATE RELEASE JDO Experts Work Together to Educate European Community; JDO 2 Is the Hot Topic of Conversation at the JAOO Cannes 2004 CANNES, France, May 26, 2004 -- As the Java Data Objects (JDO) 2 specification nears its first public review, a number of JDO experts gave presentations at JAOO Cannes 2004 this ... Continue reading

RPM WORKSHOPS ANNOUNCES REVISED SCHEDULE

RPM WORKSHOPS ANNOUNCES REVISED SCHEDULE

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

Tecstar Appoints Dave Hansen COO of GM Business

Tecstar Appoints Dave Hansen COO of GM Business

GOSHEN, Ind.--May 26, 2004--Starcraft Corporation announced today that its wholly owned subsidiary, Tecstar, appointed Dave Hansen, age 57, to the newly created position of COO of Tecstar's GM (General Motors) Business. Hansen was previously the Global Manufacturing Systems Implementation Leader for Vehicle Sales, Serv ... Continue reading

AMD lanza la placa de desarrollo AMD Alchemy DBAu1550 que agilizará el diseño de dispositivos de acceso a redes

AMD lanza la placa de desarrollo AMD Alchemy DBAu1550 que agilizará el diseño de dispositivos de acceso a redes

Editores de negocios / Redactores de tecnología COMPUTEX TAIPEI 2004 Puesto 105 AUSTIN, Texas--(BUSINESS WIRE LATIN AMERICA)--26 de mayo de 2004 Placa de desarrollo ayuda a constructores de pasarelas seguras y puntos de acceso inalámbrico a acelerar el diseño de sus productos y a colocarlos más rápidamen ... Continue reading

Dana Corporation distribuirá módulos cubrelevas

Dana Corporation distribuirá módulos cubrelevas

BARCELONA, May 26 -- Dana Corporation ha anunciado hoy que Ford Motor Company ha escogido a la compañía como proveedora de un módulo cubrelevas para sus motores V-6 de 4.0 litros. El nuevo módulo cubrelevas se usará en motores para los nuevos modelos de 2005 y representa un volumen incremental nuevo sobre los actu ... Continue reading

Two Equal Partners, One Team: BMW ORACLE Racing

Two Equal Partners, One Team: BMW ORACLE Racing

Sailing Team Unveils New Look for 2007 America's Cup Campaign MUNICH, Germany, May 26 -- In preparation for the 32nd America's Cup in 2007 in Valencia, BMW and ORACLE Racing have announced a new campaign under the name of BMW ORACLE Racing. In 2003, the team as ORACLE BMW Racing had a strong debut as a finalist in the ... Continue reading

Educational Campaign Urges Vehicle Owners, Insurance Industry to 'Know the Facts'

Educational Campaign Urges Vehicle Owners, Insurance Industry to 'Know the Facts'

PITTSBURGH, May 26 -- The windshield is a critical part of a vehicle's safety system. This and other facts are at the heart of "Know the Facts," a new educational campaign designed to inform vehicle owners, insurance agents and the companies they represent about the specialty nature of auto glass replacement and repair ... Continue reading

24 California-Based Companies Among The Nation's Top Grossing Black-Owned Businesses

24 California-Based Companies Among The Nation's Top Grossing Black-Owned Businesses

BLACK ENTERPRISE Issues 32nd Annual Report on Black-Owned Businesses NEW YORK, May 26 -- Twenty-four California-based firms are among the nations leading African American-owned businesses, according to the BLACK ENTERPRISE 32nd annual BE100s report. The listing is recognized as the most respected measure of black-owned ... Continue reading

As More Americans Drive for Summer Vacation, New Insurance Covers Gaps in Auto and Medical Policies

As More Americans Drive for Summer Vacation, New Insurance Covers Gaps in Auto and Medical Policies

RICHMOND, Va., May 26 -- According to recent 2004 Roper survey, 56% of American families will drive to their summer vacation this year, continuing a long-held American tradition. Today, Access America introduced a new type of travel insurance designed for the specific needs of road trips: Access America Drive Protectio ... Continue reading

Continental Tire Selects Euro RSCG Magnet

Continental Tire Selects Euro RSCG Magnet

NEW YORK, May 26 -- Continental Tire North America, Inc. (CTNA) has selected Euro RSCG Magnet as its PR firm. Magnet will handle the account out of its New York headquarters, and will work with CTNA across all aspects of its communications -- internal, corporate and product marketing. "We wanted a dynamic firm with a c ... Continue reading

Continuing Education Program Provides Insurers Auto-Related Claims Education

Continuing Education Program Provides Insurers Auto-Related Claims Education

PPG PROSTARS and the CertifiedFirst(TM) Network offer expert advice, training PITTSBURGH, May 26 -- Continuing Education (CE) for Insurers is a comprehensive training program designed to provide agents and licensed staff with decision-making tools used in the automotive repair industry. While CE credits help agents to ... Continue reading

Cosma International honoured with Ford's 2003 World Excellence Award

Cosma International honoured with Ford's 2003 World Excellence Award

(TSX: MG.A. MG.B; NYSE: MGA) AURORA, ON, May 26 -- Cosma International ("Cosma"), a wholly owned operating group of Magna International Inc., recently received Ford Motor Company's Gold World Excellence Award for its superior performance in 2003. The World Excellence Awards provide annual recognition based on quality, ... Continue reading

Dana Corporation to Provide Cam Cover Modules for Ford

Dana Corporation to Provide Cam Cover Modules for Ford

BARCELONA, Spain, May 26 -- Dana Corporation announced today that it has been selected to supply Ford Motor Company with a new variation of a cam cover module for its 4.0-liter V-6 engine. The new cam cover module will be used on engines for new 2005-model-year vehicles and represents new, incremental volume over the c ... Continue reading

Diamond Powersports to Attend Bikefest at Myrtle Beach Convention Center This Week; Company Expects Orders to Exceed $150,000 at 4-Day Event

Diamond Powersports to Attend Bikefest at Myrtle Beach Convention Center This Week; Company Expects Orders to Exceed $150,000 at 4-Day Event

FORT LAUDERDALE, Fla., May 26 -- Diamond Powersports Inc. (BULLETIN BOARD: DPWS) is pleased to announce that the company will be attending the Atlantic Beach Bikefest at the Myrtle Beach Convention Center. There are expected to be more than 400,000 people attending this convention, with Diamond Powersports expecting to ... Continue reading

DTE Energy Services Purchases Utility Equipment at Eight DaimlerChrysler Corp. Plants

DTE Energy Services Purchases Utility Equipment at Eight DaimlerChrysler Corp. Plants

ANN ARBOR, Mich., May 26 -- DTE Energy Services and an affiliate of the Goldman Sachs Group Inc., have formed a joint venture to acquire utility equipment at eight DaimlerChrysler Corp. (Chrysler Group) manufacturing plants, the companies announced today. DTE Energy Services -- a subsidiary of DTE Energy Co. -- will pr ... Continue reading

Flexcar Receives Sustainable Community Outstanding Leadership Award; Car-Sharing Company Lauded for Its Environmental Benefits and Business Leadership

Flexcar Receives Sustainable Community Outstanding Leadership Award; Car-Sharing Company Lauded for Its Environmental Benefits and Business Leadership

SEATTLE--May 26, 2004--Flexcar, the nation's oldest and largest provider of car-sharing programs, last night was honored with the 2004 Sustainable Community Outstanding Leadership Award from Sustainable Seattle (www.sustainableseattle.org). The award, in the Business category and one of only six total given each year, ... Continue reading

Goodyear Names Kramer CFO, Tieken to Retire

Goodyear Names Kramer CFO, Tieken to Retire

AKRON, Ohio, May 26 -- Richard J. Kramer, senior vice president, strategic planning & restructuring for The Goodyear Tire & Rubber Company , has been named executive vice president and chief financial officer effective June 1. Kramer, 40, replaces Robert W. Tieken, who will retire on May 31. Tieken, 65, has been Goodye ... Continue reading

Lancaster Colony Continues Higher Cash Dividend

Lancaster Colony Continues Higher Cash Dividend

COLUMBUS, Ohio, May 26 -- Lancaster Colony Corporation announced today that its Board of Directors has declared a quarterly cash dividend of 23 cents per share on the company's common stock, payable June 30, 2004 to shareholders of record on June 10, 2004. The board voted to continue the cash dividend at the higher lev ... Continue reading

New Engines Save Gas

New Engines Save Gas

-- As gas prices continue to rise across the country, the need for more fuel-efficient trucks and SUVs is becoming more prevalent. While gas-electric hybrid engines have been hailed for their fuel-savings, they're still an expensive option available on a limited number of vehicles. Now, newer engine technology is drama ... Continue reading

Pep Boys Forms Supply Alliance with Independent Tire Dealers Group

Pep Boys Forms Supply Alliance with Independent Tire Dealers Group

PHILADELPHIA--May 26, 2004--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket retail and service chain, announced that it has formed a supply arrangement with the Independent Tire Dealers Group to supply aftermarket hard parts, shop equipment and tires to the group's 260 members. "We are qu ... Continue reading

PR: SolarMetric's Kodo JDO Now Supports EMPRESS Embedded Database

PR: SolarMetric's Kodo JDO Now Supports EMPRESS Embedded Database

FOR IMMEDIATE RELEASE SolarMetric's Kodo JDO Now Supports EMPRESS Embedded Database BELTSVILLE, Md., May 26, 2004 -- Empress Software, developers of EMPRESS, "The Embedded Real-Time Database", and SolarMetric, makers of Kodo JDO, a leading standards-based object/relational mapping tool, have recently allied to deliver ... Continue reading

PR: XiNCOM Introduces Low-Cost Inbound/Outbound Dual-WAN Router

PR: XiNCOM Introduces Low-Cost Inbound/Outbound Dual-WAN Router

FOR IMMEDIATE RELEASE XiNCOM Revolutionizes Network Market With Low-Cost Inbound/Outbound Dual-WAN Router HUBBARD, Ore., May 26, 2004 -- XiNCOM Corp. is proud to announce the newest addition to the Twin WAN product line that is revolutionizing the networking market: the XC-DPG602 Twin WAN DNS to IP Gateway. This new ad ... Continue reading

SAE International's Automotive Resources Institute Registers 20 Consultants

SAE International's Automotive Resources Institute Registers 20 Consultants

ARi's newest consultants bring extensive years of combined experience TROY, Mich., May 26 -- SAE International's Automotive Resources Institute (ARi) today announced the registration of the organization's first 20 consultants. With expertise in more than 20 areas, ARi's newest consultants have many years of combined au ... Continue reading

Sony and Ford Team up to Bring 'Sound Designed By Sony' to New Ford Focus Cars

Sony and Ford Team up to Bring 'Sound Designed By Sony' to New Ford Focus Cars

SAN DIEGO, May 26 -- Two of the world's most popular brands, Sony and Ford, are joining forces to outfit the 2005 Ford Focus an with an a amazing sound system that is sure to wow even the most discriminating sports-compact enthusiast. For the first time, new Ford Focus three, five and four-door models can be outfitted ... Continue reading

Sports Wheels Road Show Throughout the Midwest Solidifies Business Direction

Sports Wheels Road Show Throughout the Midwest Solidifies Business Direction

VANCOUVER, Wash.--May 26, 2004--Today Sports Wheels Inc. (Pink Sheets:SSWH), a premiere wheel technology company is pleased to announce the current business plan and direction of the company has a promising future according to future manufacturing partners and alliances. "Our goals to revitalize the company are promisi ... Continue reading

Team Lexus Takes Mont-Tremblant Grand-Am Cup Victory

Team Lexus Takes Mont-Tremblant Grand-Am Cup Victory

MONT-TREMBLANT, Quebec, May 26 -- The Team Lexus duo of Chuck Goldsborough and Ian James drove their Lexus IS 300 to their first Grand-Am Cup Sport Touring win of the season at the Mont-Tremblant 250 on the scenic 3.56-mile Quebec road course. After starting sixth, Goldsborough quickly moved up to second and held the p ... Continue reading

The Mustang that Earned America's 'Stamp Of Approval' Returns to Washington, D.C.

The Mustang that Earned America's 'Stamp Of Approval' Returns to Washington, D.C.

- The Ford Mustang became a U.S. stamp highlighting key people and events of the 20th century by popular vote of the American public. - Mustang was one of 15 icons from the 1960s so honored along with others including Man on the Moon and the Beatles. - The Mustang pictured on the stamp is owned by David Williams of Cli ... Continue reading

TI Automotive Begins Manufacturing in Turkey

TI Automotive Begins Manufacturing in Turkey

WARREN, Mich., May 26 -- TI Automotive is opening a new manufacturing plant in Turkey to serve three major European automakers. The world's leading supplier of fully-integrated fluid storage and delivery systems for cars and trucks, TI Automotive has begun pre-production from the 18,300-square-foot plant, located in th ... Continue reading

TI Automotive Begins Manufacturing in Turkey

TI Automotive Begins Manufacturing in Turkey

WARREN, Mich., May 26 -- TI Automotive is opening a new manufacturing plant in Turkey to serve three major European automakers. The world's leading supplier of fully-integrated fluid storage and delivery systems for cars and trucks, TI Automotive has begun pre-production from the 1700-square-meter plant, located in the ... Continue reading

Virginia-Owned & Restored Classic Mustang Featured Among Pop Icons as Ford Mustang Celebrates 40th Anniversary in Nation's Capital

Virginia-Owned & Restored Classic Mustang Featured Among Pop Icons as Ford Mustang Celebrates 40th Anniversary in Nation's Capital

WHAT: A 1964 1/2 Rangoon Red Mustang convertible, owned and restored by David Williams of Clifton, Virginia, will be featured alongside Ford Motor Company's all-new 2005 Ford Mustang GT, at a 40th anniversary celebration of the Mustang at the National Postal Museum. William's classic Mustang was featured on a 1999 comm ... Continue reading

Wm. Rigg Co. Acquires Webber Insurance Agency; Dennis Webber Joins Rigg as Senior Vice President

Wm. Rigg Co. Acquires Webber Insurance Agency; Dennis Webber Joins Rigg as Senior Vice President

FORT WORTH, Texas, May 26 -- Charles Reynolds, Managing Partner of Wm. Rigg Co. has announced that Wm. Rigg Co. has acquired substantially all the assets of the Webber Insurance Agency, a 19-year-old Fort Worth-based company that focuses on property and casualty for the auto and rental industries. ... Continue reading

Ferrari Selects MTS for New Vehicle Development Systems

Ferrari Selects MTS for New Vehicle Development Systems

EDEN PRAIRIE, Minn., May 26 -- MTS Systems Corporation announced today that it was selected for several projects totaling more than U.S. $9 million from Ferrari S.p.A. for the development of both Formula 1 and passenger cars. The orders feature MTS's new dynamometer technology and two test rigs to provide chassis dynam ... Continue reading

Navistar Prices $250 Million Senior Debt; Proceeds Will Be Used To Repay Existing Debt

Navistar Prices $250 Million Senior Debt; Proceeds Will Be Used To Repay Existing Debt

WARRENVILLE, Ill.--May 26, 2004--Navistar International Corporation announced today that it has priced a principal amount of $250 million new senior notes due in 2011. The notes were priced at a discount with a coupon of 7.50 percent to yield 7.625 percent. As previously announced, the company intends to use the net pr ... Continue reading

Gas Prices Continue to Rise; Doesn't Deter Holiday Travelers, AAA Finds

Gas Prices Continue to Rise; Doesn't Deter Holiday Travelers, AAA Finds

BELLEVUE, Wash., May 26 -- AAA reports the average price of self-serve regular unleaded gasoline in Washington ($2.307/gal) and Idaho ($2.079/gal) continue to increase as we head into the holiday weekend that kicks off the summer travel season. The national average for self-serve regular unleaded gasoline is $2.054 per ... Continue reading

ARCA RE/MAX starting grid, Hemphill Claims Pole, Lowe's

ARCA RE/MAX starting grid, Hemphill Claims Pole, Lowe's

Rookie Ryan Hemphill Claims Second Career ARCA Pole By Amanda Brahler CONCORD NC (5-26-04) --- Braun Racing's Ryan Hemphill claimed his second career ARCA RE/MAX Series Pork Pole Award, his first at the Lowe's Motor Speedway, in preparation for Thursday night's Quaker Steak & Lube 100. The 22-year-old Apollo, Pennsylva ... Continue reading

Toyota to bring Lexus to Japan

Toyota to bring Lexus to Japan

NAGOYA, Japan, May 26, 2004; Chang-Ran Kim writing for Reuters reported that Toyota Motor Corp aims to oust its German rivals as the top sellers of luxury cars in Japan with plans to bring its Lexus brand, already the top U.S. luxury car, to Japanese drivers next year. With a 43 percent share of Japan's car market, the ... Continue reading

11 Alabama-Based Companies Among the Nation's Top Grossing Black-Owned Businesses

11 Alabama-Based Companies Among the Nation's Top Grossing Black-Owned Businesses

BLACK ENTERPRISE Issues 32nd Annual Report on Black-Owned Businesses NEW YORK, May 26 -- Eleven Alabama-based firms are among the nation's leading African American-owned businesses, according to the BLACK ENTERPRISE 32nd annual BE 100s report. The listing is recognized as the most respected measure of black-owned busin ... Continue reading

23 Georgia-Based Companies Among the Nation's Top Grossing Black-Owned Businesses

23 Georgia-Based Companies Among the Nation's Top Grossing Black-Owned Businesses

BLACK ENTERPRISE Issues 32nd Annual Report on Black-Owned Businesses NEW YORK, May 26 -- Twenty-three Georgia-based companies are among the nations leading African American-owned businesses, according to the BLACK ENTERPRISE 32nd annual BE100s report. The listing is recognized as the most respected measure of black-own ... Continue reading

Debra Kirkpatrick Promoted to Vice President of Operations for Aimbridge Indirect Lending; Industry Veteran at Helm of Indirect Lending Division

Debra Kirkpatrick Promoted to Vice President of Operations for Aimbridge Indirect Lending; Industry Veteran at Helm of Indirect Lending Division

DENVER--May 26, 2004--Aimbridge Indirect Lending, a division of Aimbridge and a national distribution channel that connects credit unions with an automotive dealer network to provide one-stop shopping and financing for members and potential members wanting auto loans, has promoted Debra Kirkpatrick to vice president of ... Continue reading

Gentex Declares Quarterly Cash Dividend

Gentex Declares Quarterly Cash Dividend

ZEELAND, Mich., May 26 -- Gentex Corporation , the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and commercial fire protection products, today declared a regular quarterly cash dividend of $0.15 per share that will be payable July 22, 2004, to shareholders of record of the common stock at ... Continue reading

Global eXchange Services Named to Inbound Logistics' Top 100 List

Global eXchange Services Named to Inbound Logistics' Top 100 List

GAITHERSBURG, Md.--May 26, 2004-- Leading B2B Integration Solutions Provider Recognized for Meeting Critical Demands of Worldwide Business Logistics Managers Global eXchange Services, Inc. announced today it has been named one of Inbound Logistics' Top 100 Logistics IT Providers for 2004 for its Global eXchange Service ... Continue reading

Hella Autotechnik s.r.o. Invests in Virtual Product Development With SimDesigner From MSC.Software

Hella Autotechnik s.r.o. Invests in Virtual Product Development With SimDesigner From MSC.Software

Czech Republic Automotive Supplier Applies VPD Within Their Development Process by Implementing SimDesigner Nonlinear SANTA ANA, Calif., May 26 -- MSC.Software Corp. , the leading global provider of virtual product development (VPD) products including simulation software and services, today announced that automotive su ... Continue reading

Navistar Plans $250 Million Senior Debt Offering

Navistar Plans $250 Million Senior Debt Offering

WARRENVILLE, Ill.--May 26, 2004--Navistar International Corporation announced today that it plans to issue $250 million in senior notes due 2011 and use the proceeds to finance its offer to purchase its outstanding 8 percent senior subordinated notes due 2008. The registered notes will be offered and sold under the com ... Continue reading

Scelzi says Topeka fast track. How fast?

Scelzi says Topeka fast track. How fast?

DON SCHUMACHER RACING 2004 NHRA POWERade DRAG RACING SERIES Round 9 of 23 O'REILLY NHRA SUMMER NATIONALS HEARTLAND PARK TOPEKA (Kans.) RACE DATES: MAY 28-30 FOR IMMEDIATE RELEASE Contact: Judy Stropus, 203-438-0501; cell 203-243-2438 SCELZI SAYS TOPEKA IS A FAST TRACK. HOW FAST IS IT? TOPEKA, Kans. (May 26, 2004) - Gar ... Continue reading

SHEP Technologies to Acquire Marshalsea Hydraulics; A World Leader in Hydraulic-Hybrid Power Technology Makes Strategic Purchase to Expedite Commercialization

SHEP Technologies to Acquire Marshalsea Hydraulics; A World Leader in Hydraulic-Hybrid Power Technology Makes Strategic Purchase to Expedite Commercialization

VANCOUVER, British Columbia--May 26, 2004--SHEP TECHNOLOGIES, INC., (OTCBB: STLOF) (BERLIN: IH3), announced that it has signed a letter of intent to acquire Marshalsea Hydraulics Ltd. ("Marshalsea") of Taunton, England, for a purchase price of Pounds Sterling 1,300,000 (approx. US$2.4 million). Marshalsea (www.marshals ... Continue reading

S.O.A.R. Reaches Milestone With Over 8,000 Store-to-Store Self-Storage Rentals

S.O.A.R. Reaches Milestone With Over 8,000 Store-to-Store Self-Storage Rentals

PHOENIX, May 26 -- U-Haul is pleased to announce that its industry-first store-to-store storage room rental program, S.O.A.R. (Secured Online Affiliation Rentals [patent pending]), has exceeded more than 8,000 remote self-storage rentals since its inception in September, 2003. S.O.A.R., a unique store-to-store rental f ... Continue reading

Summit Racing Equipment and TEN Magazines Announce Strategic Partnership

Summit Racing Equipment and TEN Magazines Announce Strategic Partnership

Summit Racing Will Market its Products and Syndicate its Professor Overdrive Advice Column to TEN Magazines' Network of 2 Million Car and Truck Enthusiasts TALLMADGE, Ohio, and CORONA, Calif., May 26 -- TEN Magazines, home of the largest online network of car and truck enthusiasts and publisher of four truck enthusiast ... Continue reading

When Your Teenager Starts to Drive

When Your Teenager Starts to Drive

-- Summer is almost here, which means teenagers across the nation will be out of school and looking to drive their parents' car. But if a teenager gets into an accident, it is most likely that the parents' savings will be on the line. That is why families need to make some critical decisions before their teen hits the ... Continue reading

Traffic Safety Hits a Home Run at Fenway Park

Traffic Safety Hits a Home Run at Fenway Park

Boston Red Sox Unveil New Campaign to Help Increase Safety Belt Use in Massachusetts BOSTON, May 26 -- As part of the Click It or Ticket National Mobilization, the Boston Red Sox and Fenway Park unveiled new in-stadium advertisements that will promote safety belt use to fans, a demographic that government statistics sh ... Continue reading

Sony and Ford Team up to Bring 'Sound Designed By Sony' to New Ford Focus Cars

Sony and Ford Team up to Bring 'Sound Designed By Sony' to New Ford Focus Cars

SAN DIEGO, May 26 -- Two of the world's most popular brands, Sony and Ford, are joining forces to outfit the 2005 Ford Focus an with an a amazing sound system that is sure to wow even the most discriminating sports-compact enthusiast. For the first time, new Ford Focus three, five and four-door models can be outfitted ... Continue reading

OPEC and Oil Companies, Not the U.S. Government, Seen as Mainly to Blame for Higher Oil Prices

OPEC and Oil Companies, Not the U.S. Government, Seen as Mainly to Blame for Higher Oil Prices

40% of drivers say they have cut other purchases to pay for higher gas prices; 60% of drivers say they will buy more fuel-efficient vehicles next time ROCHESTER, N.Y., May 26 -- As gasoline prices have soared this spring with many motorists now paying more than $2 a gallon, it will be interesting to see if this becomes ... Continue reading

Flexpoint Sensor Systems Enters Negotiations with Tier 1 Automotive Provider

Flexpoint Sensor Systems Enters Negotiations with Tier 1 Automotive Provider

DRAPER, Utah--May 26, 2004--Flexpoint Sensor Systems, Inc. (Pink Sheets: FLXT) today announced they have met and begun negotiating with a leading provider of components and integrated systems for the automotive industry. At the customer's request, executives from Flexpoint, owners of numerous patented automotive applic ... Continue reading

Coach Industries Group Secures $6.0 Million Equity Commitment from Fusion Capital

Coach Industries Group Secures $6.0 Million Equity Commitment from Fusion Capital

FORT LAUDERDALE, Fla.--May 25, 2004--Coach Industries Group, Inc. (OTCBB:CIGI)("Coach") announced today it has entered into a financing agreement with Fusion Capital Fund II, LLC, a Chicago based institutional investor, whereby Fusion Capital shall fund up to $6.0 million through the purchase of a maximum of 4.0 millio ... Continue reading

Drivers Warned to be Vigilant During the '101 Deadliest Days on the Road;' Families and Children at Greatest Risk of Fatal Crashes

Drivers Warned to be Vigilant During the '101 Deadliest Days on the Road;' Families and Children at Greatest Risk of Fatal Crashes

WASHINGTON, May 26 -- The 101 days from Memorial Day weekend through Labor Day are the deadliest days on the road, with more fatal crashes and more children and teens dying than any other time of the year, according to a new report by a national coalition of driving safety advocacy groups. "Americans drive more than on ... Continue reading

ACDelco Undercar Targets Vintage Corvette Owners In Texas

ACDelco Undercar Targets Vintage Corvette Owners In Texas

DALLAS-FORT WORTH, TEXAS - ACDelco put in a discreet appearance at the 15th Annual Lone Star Corvette Classic at the Texas Motor Speedway, Dallas-Fort Worth, Texas, May 14-15. The marketer of aftermarket replacement parts contributed a wide variety of Corvette UnderCar replacement parts for a charity raffle conducted b ... Continue reading

Car Buyers Pick Best Road Trip Vehicle

Car Buyers Pick Best Road Trip Vehicle

Editors of Kelley Blue Book Choose 10 Great New Cars for Summer Road Trip and Drivers Rank Them IRVINE, Calif., May 26 -- Memorial Day weekend kicks off the summer vacation season and AAA is expecting an increase in road trips this year despite record high gas prices. With that in mind, the road savvy editors at Kelley ... Continue reading

Not Just NASCAR: Charlotte Region's Automotive Strength Goes Beyond Racing

Not Just NASCAR: Charlotte Region's Automotive Strength Goes Beyond Racing

CHARLOTTE, N.C., May 26 -- With more than 90 percent of NASCAR teams based within 50 miles of the Charlotte region, the 16-county area known as Charlotte USA has become the racing capital of North America. Last week's running of the Nextel All-Star Challenge, along with Saturday's Carquest Auto Parts 300 and Sunday's C ... Continue reading

AutoZone EPS Up 29%; Sales +6%, Same Store Sales +2%

AutoZone EPS Up 29%; Sales +6%, Same Store Sales +2%

MEMPHIS, Tenn., May 26 -- AutoZone, Inc. today reported sales of $1.360 billion for its third fiscal quarter (12 weeks) ended May 8, 2004, an increase of 5.6% from fiscal 2003. Same store sales, or sales for domestic stores open at least one year, increased 2% for the quarter. Retail same store sales were up 1% while c ... Continue reading

Pickups Plus, Inc. To Open First combined Retail and ValuGard Processing Center in Cincinnati, OH

Pickups Plus, Inc. To Open First combined Retail and ValuGard Processing Center in Cincinnati, OH

CINCINNATI--May 26, 2004--Pickups Plus, Inc. (OTCBB:PUPS), a leading retailer and national franchiser in the $38 billion truck and SUV aftermarket accessory industry, today announced it is the process of opening a new company location in the Beechmont area of Cincinnati. The location was the second location for Auto Pr ... Continue reading

Visteon Appoints James F. Palmer Executive Vice President and Chief Financial Officer

Visteon Appoints James F. Palmer Executive Vice President and Chief Financial Officer

DEARBORN, Michigan, May 26 -- Visteon Corporation today announced the appointment of James F. Palmer, 54, as executive vice president and chief financial officer, effective June 2. Palmer brings more than 30 years' experience in finance and accounting to Visteon, having served in a variety of senior management position ... Continue reading

Greater Harris County 9-1-1 Emergency Network, Cross Country Automotive Services, Intrado Inc. and Partners Earn Prestigious Telematics Industry Award

Greater Harris County 9-1-1 Emergency Network, Cross Country Automotive Services, Intrado Inc. and Partners Earn Prestigious Telematics Industry Award

Groundbreaking Enhanced Crash Notification Safety Pilot Reduces First Responder Response Time and Improves Medical Care at the Scene of an Accident BOSTON, May 26 -- Greater Harris County Emergency 9-1-1 Network, Cross Country Automotive Services (Cross Country), Intrado Inc, and Roadside Telematics Corporation announc ... Continue reading

Chevy Notes - Dale Jr. Transcript, May 25

Chevy Notes - Dale Jr. Transcript, May 25

GM RACING, CHEVROLET Contact: Nancy Wager NASCAR NEXTEL Cup Teleconference GM Racing Communications May 24, 2004 nmwager@aol.com This week's NASCAR NEXTEL Cup Series Teleconference featured Dale Earnhardt Jr., driver of the No. 8 Budweiser Chevrolet Monte Carlo. Earnhardt Jr. discussed his season to date as the series ... Continue reading

Jamie McMurray Coca-Cola 600 Race Advance

Jamie McMurray Coca-Cola 600 Race Advance

Media Contact: Jason Wise Chip Ganassi Racing with Felix Sabates 704-500-6121, jwise@ganassi.com <mailto:jwise@ganassi.com> Jamie McMurray, No. 42 Texaco/Havoline Dodge Coca-Cola 600 Race Advance May 30, 2004, FOX Television, 5:00 p.m. ET MEDIA NOTE: To view the 2004 Texaco/Havoline Racing Media Guide, please visit htt ... Continue reading

Milberg Weiss Announces The Filing Of A Class Action Suit Against DaimlerChrysler AG on Behalf of Foreign Investors

Milberg Weiss Announces The Filing Of A Class Action Suit Against DaimlerChrysler AG on Behalf of Foreign Investors

NEW YORK--May 25, 2004--The law firm of Milberg Weiss Bershad & Schulman LLP announces that a class action lawsuit was filed on May 24, 2004, on behalf of all persons and entities who are NOT citizens or residents of the United States who purchased or otherwise acquired the securities of DaimlerChrysler AG ("DaimlerChr ... Continue reading

Jaguar Introduces New 2005 X-Type Sport at the Birmingham International Motor Show

Jaguar Introduces New 2005 X-Type Sport at the Birmingham International Motor Show

BIRMINGHAM, England, May 25 -- Jaguar today reveals details for a new range of styling enhancements for the 2005 X-TYPE 3.0-liter Sport, which will be available in November 2004. This exciting addition of exterior body styling and interior enhancements provides a stylish differentiation for the X-TYPE, and is targeted ... Continue reading

Copart Reports Third Quarter Financial Results

Copart Reports Third Quarter Financial Results

FAIRFIELD, Calif.--May 25, 2004--Copart, Inc. today reported results for the third quarter ended April 30, 2004. In the third quarter of fiscal 2004 Copart earned net income of $24,964,400 on revenues of $116,618,400. In the same period last year the company earned $15,422,800 on revenues of $93,928,700. These represen ... Continue reading

Famous Indian Motorcycle Brand Goes to Auction

Famous Indian Motorcycle Brand Goes to Auction

GILROY, Calif.--May 25, 2004--One almost never sees a famous brand on the auction block, especially a well-known American icon brand that has been synonymous with motorcycling for more than 100 years. From dirt tracks to board tracks and to Daytona, from the roads of America to the battlefields of World War II, Indian ... Continue reading

Sanyo Electric to Release Car Navigation System with 30GB Hard Drive

Sanyo Electric to Release Car Navigation System with 30GB Hard Drive

Tokyo (JCNN) - The HD/MM Navi NVA-HD1000, due out July 1, is Sanyo's latest entertainment car navigation system. Priced at 273,000 yen ($2,395), the high-end model features a 30GB hard drive, a DVD player, and a 6.5V-inch wide TFT color LCD. Its DVD player supports four DVD formats, including DVD-R, DVD+R, DVD-RW, and ... Continue reading

US ARMY: WE NEED BETTER COMBAT VEHICLES

US ARMY: WE NEED BETTER COMBAT VEHICLES

WASHINGTON, May 25, 2004; Andrea Shalal-Esa writing for Reuters reported that faced with continuing attacks on U.S. troops in Iraq and Afghanistan, Army generals on Tuesday urged defense contractors to step forward with creative ways to make combat vehicles less vulnerable to roadside bombs, rocket-propelled grenades a ... Continue reading

Subaru Selects AAR Partners

Subaru Selects AAR Partners

CHERRY HILL, N.J., May 25 -- 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 announced that AAR Partners, of New York, N.Y., will assist in its efforts to evaluate the current marketing and advertising agency lands ... Continue reading

Marcos Engineering kündigt neuen 'TSO'-Sportwagen an

Marcos Engineering kündigt neuen 'TSO'-Sportwagen an

BIRMINGHAM, England, May 25 -- Ausdrucksvoller neuer Stil und beispielloses Preis-Leistungsverhältnis für neuen Zweisitzer Marcos Engineering Ltd ("Marcos") kündigte heute seinen neuen Marcos TSO Sportwagen an -- der Wagen wird zum ersten Mal auf der Sunday Times Motorshow im National Exhibition Centre in Birmingham ... Continue reading

Samenvatting: Milberg Weiss behartigt zaken DaimlerChrysler investeerders

Samenvatting: Milberg Weiss behartigt zaken DaimlerChrysler investeerders

Het advokatenkantoor Milberg Weiss Bershad & Schulman behartigt zaken buitenlandse investeerders in een 'class action rechtzaak' die is ingediend tegen DaimlerChrysler. De zaak is op 24 mei 2004 aangespannen uit naam van alle personen of rechtspersonen die geen inwoner zijn van de VS en tussen 17 november 1998 en 17 no ... Continue reading

Autobytel to Present at Friedman Billings Ramsey 8th Annual Growth Investor Conference; Presentation to Be Webcast

Autobytel to Present at Friedman Billings Ramsey 8th Annual Growth Investor Conference; Presentation to Be Webcast

IRVINE, Calif.--May 25, 2004--Autobytel Inc. President and Chief Executive Officer Jeffrey Schwartz is scheduled to speak at the Friedman Billings Ramsey 8th Annual Growth Investor Conference at 8 a.m. EDT on Wednesday, June 2, 2004. The Conference will be held at the Millennium Broadway Hotel in New York, NY. Those in ... Continue reading

Cascade Corporation Announces First Quarter Fiscal 2005 Earnings Call

Cascade Corporation Announces First Quarter Fiscal 2005 Earnings Call

PORTLAND, Ore.--May 25, 2004--Cascade Corporation, , a leading international manufacturer of lift truck attachments, forks and accessories, will host a conference call to report first quarter fiscal 2005 results on Thursday, May 27, 2004 at 2:00 pm PST. Conference Call Information Robert C. Warren, Jr., President and C ... Continue reading

Clarion Files Suit Against Koby International

Clarion Files Suit Against Koby International

GARDENA, Calif., May 25 -- Clarion Corporation of America, a leading manufacturer of mobile entertainment systems, filed its second lawsuit in May, charging another downtown Los Angeles distributor with the unauthorized sale and advertisement of Clarion's products. The suit was filed on Friday, May 21, 2004, with the U ... Continue reading

Delphi E&S Appoints New Asia Pacific Director

Delphi E&S Appoints New Asia Pacific Director

Leadership, legal acumen, experience will support Delphi's regional growth plans KOKOMO, Ind., May 25 -- Delphi Corp. today announced the appointment of Jinya Chen as director, Asia Pacific Operations, for its Electronics & Safety (E&S) division, effective July 1, 2004. (Logo: http://www.newscom.com/cgi-bin/prnh/200203 ... Continue reading

Fitch Affirms & Removes Tenneco From Rating Watch Positive

Fitch Affirms & Removes Tenneco From Rating Watch Positive

NEW YORK--May 25, 2004--Fitch Ratings has affirmed and removed from Rating Watch Positive Tenneco Automotive's (Tenneco) 'B+' senior secured bank facility, 'B' senior secured notes and 'B-' senior subordinated notes debt ratings. The Rating Outlook is now Stable for Tenecco. The action follows Tenecco's announcement th ... Continue reading

GE Commercial Finance - Fleet Services Launches Online Remarketing Channel for Heavy Trucks and Specialty Assets

GE Commercial Finance - Fleet Services Launches Online Remarketing Channel for Heavy Trucks and Specialty Assets

EDEN PRAIRIE, Minn., May 25 -- In addition to their successful auction channel, GE Commercial Finance - Fleet Services announces the introduction of an online remarketing channel designed specifically for the used heavy truck and specialty asset market. Fleet Services has partnered with Asset Appraisal Services to offe ... Continue reading

Lexus College Grad Program Helps Customers Slip Into Dream Cars

Lexus College Grad Program Helps Customers Slip Into Dream Cars

Lexus Offers $750 College Rebate, One of the Top in the Industry TORRANCE, Calif., May 25 -- Thanks to a comprehensive incentive program, students graduating from college can open the door to a Lexus and drive into their futures in style. Effective June 1, Lexus will offer eligible college graduates a $750 rebate on an ... Continue reading

Mainstreet Computers Introduces Latest GLAXIS-Enabled Software

Mainstreet Computers Introduces Latest GLAXIS-Enabled Software

BELLEVILLE, Mich.--May 25, 2004--Mainstreet Computers launched the latest version of its GLAXIS-enabled glass shop software, offering inventory costing by vendor, a payroll system, warranty tracking and complete electronic insurance claims management to streamline business operations. Glas-Avenue for Windows from Mains ... Continue reading

Motor Muster Celebrates 40 Years of the Ford Mustang; World Class Cars Roll into the Village for Motor Muster June 19 - 20

Motor Muster Celebrates 40 Years of the Ford Mustang; World Class Cars Roll into the Village for Motor Muster June 19 - 20

DEARBORN, Mich., May 25 -- Motor Muster brings more than 500 great classic automobiles, race cars, motorcycles and bicycles to Greenfield Village this Father's Day Weekend, June 19 - 20. This year the show will highlight the 40th anniversary celebration of the legendary Ford Mustang. Visitors will also be able to enjoy ... Continue reading

Pep Boys To Host Investor Day; Financial Targets To Be Detailed

Pep Boys To Host Investor Day; Financial Targets To Be Detailed

PHILADELPHIA--May 25, 2004--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket and service chain, will hold an Investor Day in San Diego, California on Thursday, May 27, 2004, to present information about the Company's past performance and future objectives, including certain of its financia ... Continue reading

Speedemissions, Inc. Announces First Quarter EBITDA

Speedemissions, Inc. Announces First Quarter EBITDA

ATLANTA, May 25 -- Speedemissions, Inc. (BULLETIN BOARD: SPEM) a vehicle emissions testing and safety inspection company announced that it's first quarter of store acquisitions and organic growth produced EBITDA margins of 26%. "This result is before we begin to significantly drive customer volume through our stores un ... Continue reading

Search The Auto Channel

The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.

The Auto Channel Content by Topic

Vehicle manufacturers and alt fuels.