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August 2004

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Friday, August 6, 2004

Visteon Opens Visteon Village in Van Buren Township

Visteon Opens Visteon Village in Van Buren Township

New Corporate Offices and Innovation Center Promote Greater Collaboration and Innovation VAN BUREN TOWNSHIP, Mich., Aug. 6 -- Visteon Corporation has begun moving employees into Visteon Village, its new, 800,000- square-foot corporate offices and innovation center in Van Buren Township, Mich. The move consolidates empl ... Continue reading

Charity Takes a Central Place at the CENTRIX Financial Grand Prix of Denver

Charity Takes a Central Place at the CENTRIX Financial Grand Prix of Denver

Event Expands Charitable Activity, CENTRIX Pledges Profit Donation CENTENNIAL, Colo., Aug. 6 -- Just as at the last two runnings of the Grand Prix, local and national charities are found at the heart of the 2004 CENTRIX Financial Grand Prix of Denver. Together, the Grand Prix of Denver Foundation and title sponsor and ... Continue reading

Infineon Expands Foundry Agreement with Winbond

Infineon Expands Foundry Agreement with Winbond

MUNICH, Germany & HSINCHU, Taiwan--Aug. 6, 2004--Infineon Technologies AG (FWB:IFX) and Winbond Electronics Corp., Hsinchu, Taiwan, today announced that they have signed an agreement to expand their existing cooperation on the production of standard memory chips (DRAMs). Under the terms of the additional agreement, Inf ... Continue reading

Magna Announces Second Quarter and Year to Date Results and Redemption of Preferred Securities

Magna Announces Second Quarter and Year to Date Results and Redemption of Preferred Securities

AURORA, Canada, August 6 -- - All Results are Reported in Millions of US dollars, Except Per Share Figures Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) today reported financial results for the second quarter and six month period ended June 30, 2004. THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, ------- ... Continue reading

NAVTEQ Announces Pricing of Initial Public Offering of Common Stock

NAVTEQ Announces Pricing of Initial Public Offering of Common Stock

CHICAGO, Aug. 6 -- NAVTEQ Corporation , a leading global provider of digital maps for vehicle navigation and location-based solutions, today announced the initial public offering of 40,000,000 shares of NAVTEQ common stock at a price of $22.00 per share. NAVTEQ's common stock will be listed on the New York Stock Exchan ... Continue reading

Onex Subsidiary, Commercial Vehicle Group, Prices $160 Million IPO

Onex Subsidiary, Commercial Vehicle Group, Prices $160 Million IPO

TORONTO--Aug. 6, 2004--All amounts in Canadian dollars unless otherwise stated Onex Corporation (TSX:OCX) announced today that its subsidiary, Commercial Vehicle Group, Inc. ("Commercial Vehicle Group"), has priced a $160 million initial public offering of shares . The offering, which is to close on August 10, 2004, in ... Continue reading

Preserving the Environment a Top Priority at Visteon Village

Preserving the Environment a Top Priority at Visteon Village

VAN BUREN TOWNSHIP, Mich., Aug. 6 -- Preserving and enhancing the environment was a top priority for the designers and developers of Visteon Village. "It was extremely important to us to protect the land and preserve our natural resources during development and construction," says Mike Johnston, Visteon president and c ... Continue reading

Sport Wheels will Attend the November SEMA Show in Las Vegas

Sport Wheels will Attend the November SEMA Show in Las Vegas

LAS VEGAS--Aug. 6, 2004--Sports Wheels Inc., (Pink Sheets:SSWH), a premiere wheel technology company, today announces that the company is pleased to be participating in the SEMA show. "This show give us the ability to display our product when all the major buyers and players in the industry come together," stated Paul ... Continue reading

Stephen Page Named to PACCAR Board

Stephen Page Named to PACCAR Board

BELLEVUE, Wash.--Aug. 6, 2004--Stephen F. Page has been named to PACCAR Inc's Board of Directors, effective September 21, 2004, according to Mark C. Pigott, PACCAR chairman and chief executive officer. Stephen F. Page was vice chairman and chief financial officer and a director of United Technologies Corporation (UTC) ... Continue reading

TRG Expands Automotive Intelligence Services: Wireless, Navigation, Telematics, and Digital Entertainment

TRG Expands Automotive Intelligence Services: Wireless, Navigation, Telematics, and Digital Entertainment

MINNETONKA, Minn. & SINDELFINGEN, Germany--Aug. 6, 2004--TRG (Telematics Research Group) is pleased to offer expanded Automotive Research Portals specifically tailored to meet the competitive intelligence needs of OEMs and electronics suppliers targeting the automotive industry. TRG's new research portals are subsets o ... Continue reading

U.S. Industrial Plant Population Analysis Reveals Top Ten Industrial States, an Advisory from Industrialinfo.com

U.S. Industrial Plant Population Analysis Reveals Top Ten Industrial States, an Advisory from Industrialinfo.com

HOUSTON--Aug. 6, 2004--Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Looking at the distribution of industrial plants in the U.S., the Great Lakes market region has the largest concentration of plants, with more than 6,900 major industrial plants. The Great Lakes reg ... Continue reading

Visteon Corporation Creates the Visteon Neighborhood to Enhance Product Innovation and Customer Service

Visteon Corporation Creates the Visteon Neighborhood to Enhance Product Innovation and Customer Service

Company consolidates from 13 sites to four VAN BUREN TOWNSHIP, Mich., Aug. 6 -- The opening of Visteon Village completes Visteon Corporation's plans to create a consolidated "neighborhood" to enhance collaboration among employees, which will lead to a higher level of product innovation and customer service. (Logo: http ... Continue reading

Visteon Village Design Fosters Collaboration and Innovative Thinking

Visteon Village Design Fosters Collaboration and Innovative Thinking

VAN BUREN TOWNSHIP, Mich., Aug. 6 -- With the opening of Visteon Village, Visteon Corporation has developed a unique environment designed to naturally facilitate open communication, collaboration and innovation for its employees, customers and supplier partners. "When we set out to design Visteon Village, one of the ke ... Continue reading

Subaru Honors 25th Anniversary Dealers

Subaru Honors 25th Anniversary Dealers

CHERRY HILL, N.J., Aug. 6 -- 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 recognizes six dealers celebrating their twenty-fifth anniversary with Subaru. "On behalf of Subaru of America, I'd like to congratulate ... Continue reading

STEVEN LAPORTE SETS THE PACE IN THE HONDA / MICHELIN SERIES' FRIDAY PRACTICE

STEVEN LAPORTE SETS THE PACE IN THE HONDA / MICHELIN SERIES' FRIDAY PRACTICE

Information: Max d'Orsonnens (514) 246-8909 Richard Jacobs (416) 287-4708 Ralph Luciw (416) 287-4367 Results of the first day of practice at Mosport STEVEN LAPORTE SETS THE PACE IN THE HONDA / MICHELIN SERIES' FRIDAY PRACTICE at the TORONTO GRAND PRIX of MOSPORT Bowmanville, Ontario (August 6, 2004) - Steven Laporte, f ... Continue reading

The Timken Company Declares Quarterly Dividend

The Timken Company Declares Quarterly Dividend

CANTON, Ohio, Aug. 6 -- The board of directors of The Timken Company today declared a quarterly cash dividend of 13 cents per share. The dividend is payable on September 8, 2004 to shareholders of record as of August 20, 2004. It will be the 329th consecutive dividend paid on the common stock of the company. (Logo: htt ... Continue reading

Ward's Reports Estimated North American Vehicle Production

Ward's Reports Estimated North American Vehicle Production

SOUTHFIELD, Mich., Aug. 6 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 327,283 units, up 6.0 percent from the 308,713 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

Broadwing Communications Selected as a Certified Vendor for General Motors Dealer Equipment

Broadwing Communications Selected as a Certified Vendor for General Motors Dealer Equipment

AUSTIN, Texas--Aug. 6, 2004--Broadwing Communications, LLC, a consolidated subsidiary of Corvis Corporation , today announced that it has been approved by General Motors Dealer Equipment, as one of its certified IP vendors for its 6900 plus dealerships across the United States. General Motors Dealers will be able to us ... Continue reading

Coach Industries Group Announces the Signing of a Letter of Intent to Acquire 160 Million Dollar Corporate Development Services, Inc.

Coach Industries Group Announces the Signing of a Letter of Intent to Acquire 160 Million Dollar Corporate Development Services, Inc.

FORT LAUDERDALE, Fla.--Aug. 6, 2004--Coach Industries Group, Inc. (OTCBB:CIGI) ("Coach"), a holding company which, through its subsidiaries, provides financial services and products related to the transportation industry, announced today the signing of a letter of intent to acquire Corporate Development Services, Inc. ... Continue reading

Intier Automotive Collects Chrysler Group Gold Awards For Outstanding 2003 Performance

Intier Automotive Collects Chrysler Group Gold Awards For Outstanding 2003 Performance

NEWMARKET, Ontario, Aug. 6 -- Intier Automotive Inc. announced today that its seating business and four facilities that supply the Chrysler Group have been awarded Gold Awards for outstanding performance during calendar year 2003. The achievement places Intier and its engineering and manufacturing facilities among the ... Continue reading

Jeep(R) Brand Sales Posting Impressive Gains with New Models Set to Build on Legendary Jeep Capability and Innovative Heritage

Jeep(R) Brand Sales Posting Impressive Gains with New Models Set to Build on Legendary Jeep Capability and Innovative Heritage

* Jeep(R) brand sales up nine percent year-over-year * Jeep Wrangler and Jeep Liberty posting impressive sales increases * All-new Jeep Grand Cherokee and new Jeep Liberty models set to join recently introduced Jeep Wrangler Unlimited - part of product offensive at Jeep brand AUBURN HILLS, Mich., Aug. 6 -- Jeep(R) bran ... Continue reading

Lexus ES 330 Debuts Freshened Styling and Even More Luxury for 2005

Lexus ES 330 Debuts Freshened Styling and Even More Luxury for 2005

TORRANCE, Calif., Aug. 6 -- The Lexus ES 330, a benchmark for comfort and smoothness in the entry-luxury sedan category, shows off revised styling for 2005 and builds on its already impressive resume of luxury for the driver and passengers. Drivers seeking flagship-type design and amenities will find more of both in th ... Continue reading

Visteon and Retailers Redefine the Aftermarket Auto Glass Business

Visteon and Retailers Redefine the Aftermarket Auto Glass Business

LIVONIA, Mich., Aug. 6 -- Visteon Corporation's North American Aftermarket Operation is out to change the common industry perception that automotive aftermarket glass products are commodities. This past spring, Visteon launched an exclusive line of NASCAR Performance(R) Windshields by Visteon and the GlassVantage(TM) N ... Continue reading

Convergence(R) 2004 Spotlights Safety in Three Technical Sessions

Convergence(R) 2004 Spotlights Safety in Three Technical Sessions

Active safety, X-by-Wire and changing vehicle interiors examined at world's leading automotive and electronics conference DEARBORN, Mich., Aug. 6 -- Shifting its focus from occupants surviving auto crashes to accident avoidance, the National Highway Traffic Safety Administration has set the stage for rapid growth in co ... Continue reading

BRP Reacts to U.S. Department of Commerce Ruling on Japanese Outboard Engine Dumping

BRP Reacts to U.S. Department of Commerce Ruling on Japanese Outboard Engine Dumping

STURTEVANT, Wis.--Aug. 6, 2004--BRP US Inc. welcomes today's ruling by the United States Department of Commerce (DOC), which found significant dumping of outboard engines on the part of Yamaha Motor Corporation. DOC has ruled that a duty of 22.52% will apply to all Japanese-made engines and powerheads imported into the ... Continue reading

Chevy Notes - Gordon, Labonte, Harvick - Indy, Aug. 6

Chevy Notes - Gordon, Labonte, Harvick - Indy, Aug. 6

Contact: Nancy Wager GM Racing Communications cell: (727) 415-3109 For more information: media.gm.com CHEVROLET NOTES & QUOTES NASCAR NEXTEL CUP SERIES BRICKYARD 400 ADVANCE INDIANAPOLIS MOTOR SPEEDWAY August 6, 2004 PRESS CONFERENCE ON THE PLAZA HIGHLIGHTS JEFF GORDON, NO. 24 DUPONT CHEVROLET MONTE CARLO: (IS INDIANAP ... Continue reading

Dodge post-practice Brickyard Quotes

Dodge post-practice Brickyard Quotes

Friday, Aug. 6, 2004 Ray Cooper Indianapolis Motor Speedway. Clear!Blue, Inc. 11th annual Brickyard 400. PAGE 6. 704-975-3232 CASEY MEARS (No. ... Continue reading

Image Innovations Holdings Inc.'s Retained and Renowned Artist Carlo Beninati Appointed to Create Official Art for Brickyard 400

Image Innovations Holdings Inc.'s Retained and Renowned Artist Carlo Beninati Appointed to Create Official Art for Brickyard 400

INDIANAPOLIS, Aug. 6 -- Acclaimed artist Carlo Beninati has been named the Official Artist of the 11th annual Brickyard 400 NASCAR NEXTEL Cup Series race, and he will create the Official Artwork for the event, Indianapolis Motor Speedway officials announced July 23. Beninati's artwork will be used to create the Officia ... Continue reading

AAA Texas: Weekend Gas Watch; Second Week of Lower Gas Prices

AAA Texas: Weekend Gas Watch; Second Week of Lower Gas Prices

HOUSTON--Aug. 6, 2004--Gasoline prices dropped for the second straight week despite crude oil prices spiking above $44 a barrel, according to AAA Texas' Weekend Gas Watch. The national average for regular self-serve gasoline is $1.881 a gallon, 1.8 cents lower than last week's average. The Texas average for a gallon of ... Continue reading

New Products and Import and Luxury Trade-ins Helping Fuel Growth of Chrysler Brand's Image and Market Share

New Products and Import and Luxury Trade-ins Helping Fuel Growth of Chrysler Brand's Image and Market Share

* Chrysler brand sales up 16 percent, poised to shatter half-million mark * All-new models drawing import and luxury buyers to the brand * The premium is in the product - not the price * New lineup of 2005 Chrysler Pacifica models begins production at Windsor, Ont. Assembly AUBURN HILLS, Mich., Aug. 6 -- Spurred by the ... Continue reading

Torvec Announces the IVT(TM) Patent Has Been Granted

Torvec Announces the IVT(TM) Patent Has Been Granted

ROCHESTER, N.Y, Aug. 6 -- Torvec, Inc. (BULLETIN BOARD: TOVC.OB) announced today that the United States Patent Office has issued Patent No. US 6,748,817 B2 entitled, Transmission with Minimal Orbiter. This patent has seventeen claims and three drawing sheets. Confirmation that the transmission is patented removes one m ... Continue reading

Lexus ES 330 Debuts Freshened Styling and Even More Luxury for 2005

Lexus ES 330 Debuts Freshened Styling and Even More Luxury for 2005

August 6, 2004 -- Torrance, CA -- The Lexus ES 330, a benchmark for comfort and smoothness in the entry-luxury sedan category, shows off revised styling for 2005 and builds on its already impressive resume of luxury for the driver and passengers. Drivers seeking flagship-type design and amenities will find more of both ... Continue reading

Jaguar Expands the 2005 X-TYPE Range With Three New Models

Jaguar Expands the 2005 X-TYPE Range With Three New Models

IRVINE, Calif., Aug. 6 -- Jaguar's best-selling, all-wheel- drive X-TYPE premium compact range will be poised to reach more diverse buyers with three new 2005 models -- Sportwagon, Sport and VDP Edition. Style-conscious buyers with an active lifestyle and greater versatility needs will appreciate the new X-TYPE Sportwa ... Continue reading

Auto Club: Ten Weeks of Lower Gas Prices - Rising Crude Prices May Have an Effect

Auto Club: Ten Weeks of Lower Gas Prices - Rising Crude Prices May Have an Effect

LOS ANGELES--Aug. 6, 2004--Gasoline prices continued lower last week for the tenth straight week, despite crude oil prices that spiked above $44 per barrel, according to the Automobile Club of Southern California's Weekend Gas Watch. Ample supplies of gasoline and flat demand are expected to keep pump prices on the dow ... Continue reading

Ford's Hybrid Escape SUV Gets EPA Thumbs Up

Ford's Hybrid Escape SUV Gets EPA Thumbs Up

WASHINGTON, Aug 5, 2004; Reuters reported that the Environmental Protection Agency said on Thursday it has certified Ford Motor Co.'s 2005 Escape as the first gasoline-electric hybrid SUV for sale in the United States that meets the agency's stringent new emissions standards. Ford's compact hybrid Escape sport utility ... Continue reading

Chevrolet Paces the Brickyard 400 for 11th Consecutive Year

Chevrolet Paces the Brickyard 400 for 11th Consecutive Year

> For Immediate Release: > > Chevrolet Paces the Brickyard 400 for 11th Consecutive Year > 2005 Monte Carlo SS will pace the field at Indianapolis Motor Speedway > > INDIANAPOLIS - Chevrolet has announced that a specially-designed 2005 Monte Carlo SS will pace the Brickyard 400 at Indianapolis Motor Speedway on August ... Continue reading

Camp Jeep(R) California Celebrates Californiano Heritage

Camp Jeep(R) California Celebrates Californiano Heritage

- Hispanic heritage explored through music, food, history and art - Historic California missions will be showcased as part of the entertaining and education heritage area - Replicas of Diego Rivera paintings will be displayed and raffled off on final day of Camp Jeep AUBURN HILLS, Mich., Aug. 5 -- Camp Jeep(R) Californ ... Continue reading

NASCAR Mexico Established; NASCAR Partners with OCESA to Create Local Base of Operations

NASCAR Mexico Established; NASCAR Partners with OCESA to Create Local Base of Operations

MEXICO CITY--Aug. 5, 2004--The National Association for Stock Car Auto Racing (NASCAR) today announced NASCAR Mexico, a new base of operations in Mexico that will support and build local stock car racing in Mexico as well as develop, manage and operate local motorsports events and oversee television distribution, spons ... Continue reading

Continental Teves Ramps Up Supply of Electronic Stability Control and Roll Stability Control(TM) to Meet Demand from Ford Motor Company

Continental Teves Ramps Up Supply of Electronic Stability Control and Roll Stability Control(TM) to Meet Demand from Ford Motor Company

- AdvanceTrac(TM), Roll Stability Control(TM) to be Standard on Four 2005 Models - AUBURN HILLS, Mich., Aug. 5 -- Continental Teves, a unit of Continental AG and a leading supplier of automotive safety systems, is stepping up its supply to Ford Motor Co. of stability control systems for five 2005 models. AdvanceTrac(TM ... Continue reading

KleenAir Successfully Demonstrates DPF and SCR Technology at Government Tradeshow in UK

KleenAir Successfully Demonstrates DPF and SCR Technology at Government Tradeshow in UK

IRVINE, Calif.--Aug. 5, 2004--KleenAir Systems Inc. (OTC BB:KAIR) announced today that they participated in the Recent Local Authority Waste Management Show in Torbay, England. Together with its strategic partner, Dinex Exhaust Co. Ltd., KleenAir was able to demonstrate its combination Particulate Filter (DPF) and NOx ... Continue reading

Chevrolet Announces Tony Stewart Signature Series Monte Carlo

Chevrolet Announces Tony Stewart Signature Series Monte Carlo

For Immediate Release: Chevrolet Announces Tony Stewart Signature Series Monte Carlo Chevy's 10th racing-themed production car will be available later this year INDIANAPOLIS - Chevrolet will pay tribute to one of NASCAR's recent champions with the introduction of the 2005 Tony Stewart Signature Series Monte Carlo. The ... Continue reading

Ducati Motor Holding Announces First Half 2004 Results

Ducati Motor Holding Announces First Half 2004 Results

Across the Board Improvements with Significant Net Debt Reduction BOLOGNA, Italy, August 5 -- Ducati Motor Holding S.p.A. , a leading manufacturer of high performance motorcycles, today announced first half 2004 financial results. First half 2004 revenues were Euro 221.0 million, up 6.9% excluding forex effects, (or up ... Continue reading

America's Service Station Introduces Overnight Car Service

America's Service Station Introduces Overnight Car Service

ATLANTA, Aug. 5 -- In an effort to assist customers with managing their time, America's Service Station in Atlanta, Georgia has added to their extensive list of customer-friendly benefits. Overnight Car Service is the newest advantage offered by all 7 area locations. This concept was developed in order to help customer ... Continue reading

J.D. Power and Associates Reports: Canadian Automotive Dealers Capture Increasing Share of Service Business after Basic Warranty Expires

J.D. Power and Associates Reports: Canadian Automotive Dealers Capture Increasing Share of Service Business after Basic Warranty Expires

TORONTO--Aug. 5, 2004-- Firestone Service Centres Rank Highest in Satisfying Automotive Service Customers Canadian automotive dealerships are becoming more successful at retaining service customers once the basic warranty period expires, according to the J.D. Power and Associates 2004 Canadian Customer Commitment Study ... Continue reading

Chrysler Group Makes Powertrain Innovation Matter

Chrysler Group Makes Powertrain Innovation Matter

* Multiple Propulsion Technologies Meet Varied Customer Needs * Future Powertrain Solutions Include Fuel Cells, Hybrids, Advanced Diesels and Further Improved Gasoline Engines TRAVERSE CITY, Mich., Aug. 5 -- The Chrysler Group addressed automotive propulsion technology and its future during the Management Briefing Semi ... Continue reading

Edmunds.com Reports True Cost of Incentives: Industry Average Climbs to New Record as Domestic Automakers Exceed $4,000 and Europeans Spend Over $2,500 per Vehicle for First Time

Edmunds.com Reports True Cost of Incentives: Industry Average Climbs to New Record as Domestic Automakers Exceed $4,000 and Europeans Spend Over $2,500 per Vehicle for First Time

SANTA MONICA, Calif., Aug. 5 -- Edmunds.com (http://www.edmunds.com/), the premier online resource for automotive information, reported today that the average manufacturer incentive per vehicle sold in the United States set a new record of $2,885 per vehicle sold in July 2004, up $217, or 8.1%, from July 2003, and up $ ... Continue reading

Replica Grand Prix Go-Kart Track to Host Charity Event Before It Opens to the Public

Replica Grand Prix Go-Kart Track to Host Charity Event Before It Opens to the Public

Proceeds Will Be Donated to the Hole in the Wall Gang, Boys and Girls Clubs of Metropolitan Denver, Auraria Foundation Scholarship Fund and Others DENVER, Aug. 5 -- Join us as we kick-off race week 2004 with the return of go-kart racing at the 2004 CENTRIX Financial Grand Prix of Denver! The Mini Grand Prix will operat ... Continue reading

Gary Sheehan selected as Pro Test Driver for European Car Magazine 2004 1.8T Challenge

Gary Sheehan selected as Pro Test Driver for European Car Magazine 2004 1.8T Challenge

CONTACT: FOR IMMEDIATE RELEASE Gary Sheehan (415) 652-7903/gary@teamSMR.com Thursday August 5, 2004 Thom Wilder (949) 275 5585/thom@teamSMR.com European Car Magazine 2004 1.8t Challenge at California speedway Gary sheehan selected as Pro test driver for 1.8T challenge Fontana, CA - Grand-Am Cup driver Gary Sheehan of M ... Continue reading

Starcraft Reports Results for Fiscal Third Quarter

Starcraft Reports Results for Fiscal Third Quarter

GOSHEN, Ind.--Aug. 5, 2004--Starcraft Corporation announced today the following results for the fiscal 2004 third quarter ended June 27, 2004. Net sales for the third quarter of fiscal 2004 were $45.1 million, versus $62.1 million for the third quarter of fiscal 2003. Net income for the quarter was $74 thousand or $0.0 ... Continue reading

World's First Gas-Electric Hybrid SUV Starts U.S. Production

World's First Gas-Electric Hybrid SUV Starts U.S. Production

CLAYCOMO, Mo. August 5, 2004; David Twiddy writing for the AP reported that Ford Motor Co. kicked off formal production Thursday of a hybrid version of its Escape SUV, the world's first gas-electric hybrid sports utility vehicle and the first hybrid vehicle produced by an American automaker. Bill Ford, Ford's chairman ... Continue reading

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