Mitsubishi Motors Reports November 2004 U.S. Sales
CYPRESS, Calif., Dec. 1 -- Mitsubishi Motors North America, Inc., (MMNA) today reported November 2004 U.S. sales of 8,301 units. Mitsubishi Motors has sold 150,458 units year to date in the United States. "Our sales volume this month, while disappointing, is to be expected while we are in the midst of a turnaround and ... Continue reading
CHERRY HILL, N.J., Dec. 1 -- Subaru of America, Inc. today reported a year-over-year increase of six percent in total sales for the month of November with 13,817 units sold. Legacy and Outback sales continue to soar, climbing nearly 20 percent since the new products were launched last June. "November was another strong ... Continue reading
American Suzuki's Automotive Sales Increase 23 Percent in November 2004
BREA, Calif.--Dec. 1, 2004--American Suzuki Motor Corp. (ASMC) continues to achieve strong sales, posting a 23 percent increase in November 2004 compared to the same month last year and a 27 percent increase in year-to-date sales. Leading the way for the model line was the Forenza sedan posting sales of 1,872 units and ... Continue reading
Kia Motors America Announces November 2004 Sales
Month Highlighted by New Amanti Sales Record IRVINE, Calif., Dec. 1 -- Kia Motors America (KMA) today announced monthly sales of 23,303 units for November 2004, the company's best November sales ever and a 44.1-percent increase over the same month in 2003. Kia's year-to-date sales of 249,947 were 14.1-percent ahead of ... Continue reading
Hyundai Sets New Sales Record for November 2004
FOUNTAIN VALLEY, Calif., Dec. 1 -- Hyundai Motor America today announced sales of 29,682 for the month of November, a new all-time sales record for the month and a seven percent increase over November 2003 sales. The award-winning Santa Fe SUV posted the best November sales in its history and the popular Sonata sedan, ... Continue reading
Ford Sales Fall for 9th Time This Year in November; Toyota, Nissan Post a Record Month
DETROIT December 1, 2004; Sarah Karush writing for the AP reportred that Ford Motor Co.'s sales fell for the ninth time this year in November, despite the introduction of new vehicles like the Ford Five Hundred. The country's second-largest automaker also said Wednesday it would reduce production for the first quarter. ... Continue reading
GM Reports November 2004 New Vehicle Sales
Utility Sales on Pace to Set Another Calendar Year Industry Record Cadillac on Track to Have Best Sales Since 1990 DETROIT - General Motors dealers sold 303,891 new cars and trucks in November, down 13 percent compared to year-ago sales. GM's truck sales (185,699) were down 10 percent, and car sales (118,192) were down ... Continue reading
RICHMOND, Va., Dec. 1 -- Colfax Corporation announced today that it has completed the sale of its Colfax Power Transmission Group division to Genstar Capital, L.P., a private investment firm. Terms of the transaction were not disclosed. Headquartered in Quincy, Massachusetts, the Colfax Power Transmission Group will no ... Continue reading
Northeast Auto Acceptance Corp. Tops $1.6 Million in Purchases from Wells Fargo
MERRICK, N.Y.--Dec. 1, 2004--Northeast Auto Acceptance Corp. (OTCBB: NAAC) announced today that for the nine-month period ended September 30th, 2004, the company's vehicle purchases from Wells Fargo Bank totaled $1,634,575, giving them the distinction of being Well Fargo's largest buyer of off-lease vehicles in the Cou ... Continue reading
Universal Automotive Announces Amendment to Form 10-Q and Related Nasdaq Issues
- No Changes to Financial Statements in Amended Filing - ALSIP, Ill., Dec. 1 -- Universal Automotive Industries, Inc. today announced that it will be filing an amendment to its Form 10-Q for the quarter ended September 30, 2004 to omit a reference in the document that the document had not been fully reviewed by its new ... Continue reading
Kelley Blue Book Says Lexus is What Santa Would Drive
Kelley Blue Book's kbb.com Determines Lexus LX 470 Best Sleigh Alternative IRVINE, Calif., Dec. 1 -- Every December Santa embarks, On a reindeer-guided journey around the globe in the dark. He delivers toys in his trusty red sleigh From house to house before the light of Christmas day. But what if there were no sleigh ... Continue reading
Automotive Pioneer ZAP to Present at Southern California Investment Association Conference
Investment Community Offered Preview of New 60-MPG Smart Car from Europe NEWPORT BEACH, Calif., Dec. 1 -- Advanced automotive technology pioneer ZAP (BULLETIN BOARD: ZAPZ) announced today that it will be presenting at the Southern California Investment Association (SCIA) Conference on December 4 in Newport Beach, Calif ... Continue reading
CTS Corporation Declares Quarterly Dividend
ELKHART, Ind.--Dec. 1, 2004--The Board of Directors of CTS Corporation announced the fourth quarter dividend of $0.03 per share, payable February 4, 2005, to shareholders of record at the close of business on December 31, 2004. CTS Corporation is a leading designer and manufacturer of electronic components and sensors, ... Continue reading
Deere Announces $1 Billion Share-Repurchase Program
MOLINE, Ill., Dec. 1 -- The Deere & Company board of directors today authorized the repurchase of up to $1 billion of Deere common stock. (Logo: http://www.newscom.com/cgi-bin/prnh/20030326/JOHNDEERELOGO ) "Today's action recognizes the success of our efforts to build a better business and provide superior returns to i ... Continue reading
Honeywell to Release 2005 Outlook and Hold Investor Conference Call on Wednesday, December 15
MORRIS TOWNSHIP, N.J.--Dec. 1, 2004--Honeywell will issue its year-end guidance and 2005 outlook on Wednesday, December 15. The company will hold a conference call with investors at 11:00 a.m. EST on the 15th. Presentation Materials Related presentation materials will be posted to the "Investor Relations" section of th ... Continue reading
Noble International Announces Quarterly Dividend
WARREN, Mich., Dec. 1 -- Noble International, Ltd. today announced that its Board of Directors has declared a quarterly dividend of $0.10 per share of Noble common stock to be paid December 31, 2004 to stockholders of record December 1, 2004. SAFE HARBOR STATEMENT Noble International, Ltd. is a leading supplier of auto ... Continue reading
ARCA RE/MAX Series Veteran Ken Schrader Announces 5 in '05 TOLEDO, OHIO (12-1-04) In addition to yet another full NASCAR Nextel Cup Series season next year driving for BAM Racing, Ken Schrader's extra curricular activities will also include five ARCA RE/MAX Series events in 2005. If Schrader is able to make all five ev ... Continue reading
Edsel B. Ford II to Be Honored and Livingston Taylor to Perform at Salvation Army's Annual Luncheon
NEW YORK, Dec. 1 -- Edsel B. Ford II a member of the Board of Directors of Ford Motor Company, will be honored by The Salvation Army of Greater New York at its 57th Annual Luncheon to be held on Thursday, Dec. 2, 12 noon, at the Marriott Marquis Hotel in Manhattan. Ford, who is very active in charitable causes, will re ... Continue reading
Visteon Announces Auto Glass Partnership With the NFL(R)
VAN BUREN TOWNSHIP, Mich., Dec. 1 -- Football fans can now show their colors in a bold new way, thanks to an agreement announced today by Visteon Corporation and the National Football League(R) (NFL(R)), making Visteon the officially-licensed provider of NFL Team Custom Windshields. The windshields feature a sports fan ... Continue reading
New Tire Name From Dunlop is Gripping -- Literally
AKRON, Ohio, Dec. 1 -- Dunlop's newest tire wears its name proudly. Not to be relegated to the tire sidewall, the Dunlop SP Sport Maxx moniker looks quite stylish with its name running down the center of its technologically advanced directional treadface. Its unique location also gives Dunlop, a signature brand for The ... Continue reading
AUSTIN, Texas--Dec. 1, 2004--Valence Technology, Inc. , a leader in the development and commercialization of Saphion(R) technology, the only safe large format Lithium-ion rechargeable battery technology, has received a second order from Alternativ Canada, a developer of alternative energy technologies, for field trials ... Continue reading
Goodyear's U.S. Conveyor Belt Production and Jobs Up
MARYSVILLE, Ohio, Dec. 1 -- Bucking the perception that U.S. jobs are migrating to other countries, Goodyear's conveyor belt plant here has added production capacity, along with more jobs. Nearly 100 jobs have been added at the plant this year, increasing the workforce by more than 35 percent to handle growing demand f ... Continue reading
Emergency Road Service Calls Are Up 40 Percent, Says AAA
DEARBORN, Mich., Dec. 1 -- A wintry mix of snow and rain has caused AAA call center volumes to increase 40 percent from the previous week, AAA Michigan reported today. As of 9:30 a.m. today, the Auto Club assisted more than 1,000 motorists, compared with 650 during the same period last week. The major problems experien ... Continue reading
ABI Research Forecasts Billion Dollar Supply Chain for Infant Automotive Fuel Cell Industry
OYSTER BAY, N.Y.--Dec. 1, 2004--When is a supply chain not a supply chain? When the industry it serves doesn't yet exist. That's the case with automotive fuel cells. Today, there's no industry, as such. What is there? Lots of research into improving fuel cell technology. ... Continue reading
Micro Methanol Fuel Cells Get UN Shipping Approval
ARLINGTON, Va., Dec. 1 -- At a meeting held today in Geneva, Switzerland, the United Nations (UN) Sub-Committee of Experts on the Transport of Dangerous Goods voted overwhelmingly to establish model regulations for shipping methanol fuel cartridges for micro fuel cell devices as cargo. The model regulations will be use ... Continue reading
Raser Technologies Letter to Shareholders December 1, 2004
PROVO, Utah--Dec. 1, 2004--Raser Technologies (OTCBB: RSTG) Dear Shareholder, I'd like to offer a warm holiday greeting to all of the shareholders, employees and friends of Raser Technologies. Along with you, we look forward to a bright future based on the continued implementation of our business plan. We believe that ... Continue reading
Ripplewood Holdings L.L.C. Acquires Honsel International Technologies Holdings
NEW YORK, and MERCHEDE, Germany, Dec. 1 -- Ripplewood Holdings L.L.C. announced today that it is acquiring German-based Honsel International Technologies Holdings (HIT) from The Carlyle Group. Honsel International Technologies, one of the world's largest independent suppliers of cast, machined and assembled light metal ... Continue reading
TULSA, Okla., Dec. 1 -- Dollar Rent A Car, a subsidiary of Dollar Thrifty Automotive Group, Inc. , has made the company's award-winning Web site, dollar.com, easier than ever for customers to book a DOLLAR(R) rental car. (Logo: http://www.newscom.com/cgi-bin/prnh/20020418/DRCLOGO ) With just two clicks of the mouse fro ... Continue reading
2005 Showroom Makeovers: Retailers Need Reality Check to Combat Web Threat, Says S.H. Brown Research
ROCHESTER, Mich.--Dec. 1, 2004--With U.S. web sales on a $65 billion pace this year, according to government figures, what's a storefront operator to do in 2005 to protect their slice of the action? Get real about the condition of your showroom, says an expert who's witnessed retailing's good, bad and ugly. "You have t ... Continue reading
Motor Scooters Not Street Legal; Vehicles are Unsafe, Prohibited on Public Roadways and Sidewalks
HARRISBURG, Pa., Dec. 1 -- With motor scooters most likely on many children's Holiday Wish Lists, Pennsylvania state Department of Transportation cautioned that their use on Pennsylvania roadways and public sidewalks is illegal and strictly prohibited. "While motor scooters have become a popular form of transportation ... Continue reading
President Lahoud Unveils A1 Grand Prix Team Lebanon
A1 Grand Prix Team Lebanon Press Office Beirut, Wednesday 1 December 2004 ---------------------------------------- PRESIDENT LAHOUD UNVEILS A1 GRAND PRIX TEAM LEBANON Team Lebanon entered the world of international motor sport today with the official announcement of the Lebanese A1 Grand Prix team. The race car, in ful ... Continue reading
Mazda Announces November 2004 Sales
IRVINE, Calif., Dec. 1 -- Mazda North American Operations today released the following sales figures for November: Mazda Sales - November 2004 Month-To-Date Year-To-Date November November % November November % 2004 2003 Change 2004 2003 Change Protege -1 4,242 -100.0% 6,368 65,309 -90.2% Mazda3 4,071 148 2650.7% 70,662 ... Continue reading
* Chrysler Group Sales Increase Nine Percent Unadjusted, Four Percent Adjusted for November 2004 * Mercedes-Benz USA Reports Sales of 18,832 Vehicles, Up Three Percent (unadjusted) for November 2004 NEW YORK, Dec. 1 -- DaimlerChrysler AG , the third largest U.S. auto maker, today reported total group sales of 183,112 p ... Continue reading
Ford Motor Company Reports November 2004 U.S. Sales
* Mustang stampede is on; total sales up 12 percent, retail sales up 50 percent. * Ford Five Hundred, Ford Freestyle, and Mercury Montego sales increase 62 percent. * Ford Escape sets new calendar year sales record; best sales month for Mercury Mariner. * Ford F-Series truck posts 15th consecutive sales increase. * Vol ... Continue reading
Nissan North America Reports November 2004 Sales
GARDENA, Calif.--Dec. 1, 2004--Nissan North America, Inc. (NNA) reported November total sales of 80,376 units for its Nissan and Infiniti divisions, a 31.0 percent increase versus November of last year. NISSAN HIGHLIGHTS -- It was the best November in Nissan division's history -- November sales for Nissan-brand vehicle ... Continue reading
Volvo Cars Reports November 2004 Sales for North America
Sales Increase for Fifth Consecutive Month - Up 2.3 Percent in the U.S. IRVINE, Calif., Dec. 1 -- Volvo Cars of North America, LLC (VCNA) reports sales increased 2.3 percent in the best selling November on record in the United States. For the month, 10,889 units were sold, en route to the fifth such month over month in ... Continue reading
MBUSA Reports November 2004 New Car Sales
MONTVALE, N.J., Dec. 1 -- Mercedes-Benz USA (MBUSA) reported November sales of 18,832 vehicles, an increase of 3.4 percent over last November, pushing the company's year-to-date volume to 194,714. The month's sales marked the second-best November in MBUSA history, surpassed only by record sales in November 2002. Novemb ... Continue reading
Toyota Reports November 2004 Sales
TORRANCE, Calif., Dec. 1 -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported best-ever November sales of 154,272, an increase of 8.8 percent over last year. Calendar-year-to-date (CYTD) sales total 1,872,116, an increase of 9.3 percent compared to the same period last year. "Despite November's slide in consumer c ... Continue reading
Audi Reports November 2004 Sales Results
AUBURN HILLS, Mich., Dec. 1 -- Audi of America, Inc. sales for the month of November were 6,879 compared to 7,107 in November 2003. Audi year-to-date sales are 70,267 vs. 77,337. In its first month on the market, the new A6 achieved 1,542 sales. ... Continue reading
BMW Group Reports November 2004 Sales
WOODCLIFF LAKE, N.J., Dec. 1 -- The BMW Group (BMW and MINI brands combined) reported an increase of 5.9 percent in year-to-date sales, for 266,819 vehicles compared to the 251,954 sold in the first eleven months of 2003. The Group also reported November sales of 24,095 vehicles compared to 25,086 vehicles in the same ... Continue reading
Porsche Cars North America Reports November 2004 Sales
ATLANTA, Dec. 1 -- Porsche Cars North America, Inc. (PCNA), importer and distributor of Porsche sports cars and Cayenne SUVs in the United States and Canada, today announced U.S. retail sales totaled 2,425 vehicles in Nov., a decrease of 5 percent compared to the same period last year. Porsche Cayenne sales were up 14 ... Continue reading
Chrysler Group Reports November 2004 U.S. Sales Increase 9 Percent
- November Results Represent Eighth Consecutive Month of Year-Over-Year Sales Increases - Chrysler 300 Named Motor Trend's 'Car of the Year' for 2005 - Chrysler Brand Sets Sales Record; Sales Surge 55 Percent - Chrysler 300 Sales Surpass 10,000 Units for Seventh Consecutive Month - Minivan Sales Improve 29 Percent Year ... Continue reading
Acura Posts November Record on Strength of All-New 2005 RL
Redesigned Performance Luxury Sedan Shatters Sales Record Its First Full Month on Sale TORRANCE, Calif., Dec. 1 -- Strong demand for the all-new RL helped drive November Acura sales to its 13th consecutive record-breaking month, with total division sales of 15,532 vehicles, surpassing the previous November record of 14 ... Continue reading
American Honda Announces November 2004 Sales Results
All-new Acura RL Sets All-Time Monthly Sales Record TORRANCE, Calif., Dec. 1 -- American Honda, boosted by record November sales of Acura models and Honda light trucks, reported total November sales of 95,524 units, an increase of 3.1 percent over last year's November results on a daily selling rate basis. American Hon ... Continue reading
TRW Automotive Unveils Touch Sensor Technology
LIVONIA, Mich., Dec. 1 -- TRW Automotive Electronics & Components GmbH & Co. KG today unveiled its latest touch sensor technology which has the capability to transform human / machine interfaces for control systems. The company is working with two major German vehicle manufacturers to bring the technology to market in ... Continue reading
Celica and Cobalt Recall to Fix Daytime Running Lights
DETROIT December 1, 2004; Reuters reported that Japan's Toyota Motor Corp. recalling 92,577 of its Celica cars in the United States to fix a problem with their daytime running lamps, federal safety regulators said on Wednesday. The National Highway Traffic Safety Administration said the recall, involving Celicas from t ... Continue reading
Los nuevos modelos europeos de Toyota incluyen los espejos Gextex
ZEELAND, Michigan, December 1 -- Gentex Corporation, proveedor líder de espejos retrovisores con oscurecimiento en la industria del automóvil, ha comenzado a distribuir retrovisores de oscurecimiento automático para el nuevo Toyota Corolla de cinco puertas y el MPV Corolla Verso. Ambos vehículos se venderán en tod ... Continue reading
Safety Components International gibt Gründung eines Joint Venture in Südafrika bekannt
GREENVILLE, South Carolina, December 1 -- Safety Components International, Inc. (SAFY), die Muttergesellschaft von Automotive Safety Components International GmbH & Co. KG (ASCI), einem internationalen Hersteller von Airbag-Material und Airbags für die Automobil-Industrie, freut sich, ihre neueste Geschäftsexpansion ... Continue reading
Safety Components International anuncia la creación de una sociedad mixta en Sudáfrica
GREENVILLE, South Carolina, December 1 -- Safety Components International, Inc. (SAFY), la compañía pariente de Automotive Safety Components International GmbH & Co. KG. (ASCI), un productor internacional de tela para airbag y de almohadillados para los airbag dentro de la industria del automóvil, se complace al anu ... Continue reading
LOUISVILLE, Ky.--Dec. 1, 2004--Curomax Limited, a leader in dealer finance e-commerce solutions and the originator of the premier multi-asset finance portal in North America, will announce today at the 42nd Annual National RV Trade Show an agreement with St. Cloud, Minn.-based Bankers Systems, Inc., a leading national ... Continue reading
DURA Automotive Announces Dividend on Trust Preferred Securities
ROCHESTER HILLS, Mich.--Dec. 1, 2004--DURA Automotive Systems, Inc. , announced today that a quarterly dividend of $0.47 per share will be paid on the 7 1/2% convertible trust preferred securities issued by the DURA Automotive Capital Trust. The dividend will be payable on December 31, 2004, to stockholders of record o ... Continue reading
TELFORD, Pa.--Dec. 1, 2004--Environmental Solutions Worldwide, Inc.'s (OTCBB:ESWW) (ESW) wholly owned subsidiary, ESW America, Inc. (ESWA), has finalized a long term lease for the relocation and expansion of the Company's facilities in Pennsylvania. ESW America is currently in the process of preparing and moving into t ... Continue reading
Ford Motor Credit Company employees have purchased and wrapped gifts for more than 650 Michigan foster children as part of "Operation Good Cheer," a holiday program sponsored by Child & Family Services of Michigan, Inc. Under the program, foster children made Christmas wish lists, and Ford Credit employees went shoppin ... Continue reading
CHANTILLY, Va.--Dec. 1, 2004--InfinityQS(R) International, the premier provider of enterprise-wide quality control manufacturing software solutions, today announced that it has moved to a new office space that is two and one-half times the size of the original office in order to accommodate the company's rapid growth. ... Continue reading
Ripplewood Holdings L.L.C. Acquires Honsel International Technologies S.a.r.l.
NEW YORK and MESCHEDE, Germany, Dec. 1 -- Ripplewood Holdings L.L.C. announced today that is has acquired the operations of Luxembourg-based Honsel International Technologies S.a.r.l. ("HIT"), one of the largest independent suppliers of light-metal products to the automotive industry, from The Carlyle Group. HIT manufa ... Continue reading
Safety Components International Announces the Establishment of Joint Venture in South Africa
GREENVILLE, South Carolina, December 1 -- Safety Components International, Inc. (SAFY), the parent company of Automotive Safety Components International GmbH & Co. KG. (ASCI), an international producer of airbag fabrics and airbag cushions for the automotive industry, is pleased to announce its latest business expansio ... Continue reading
LONDON, December 1 -- The escalating demand for high efficiency, high performance materials coupled with stricter legislation regarding emissions and safety has underlined the importance of nanotechnology in the global automotive market. Increasing affordability and the ability to offer cost-effective solutions are fur ... Continue reading
TBC Announces Addition to Senior Management Team
PALM BEACH GARDENS, Fla., Dec. 1 -- TBC Corporation , one of the nation's leading marketers of automotive replacement tires, today announced the appointment of Erik R. Olsen to the newly created position of Senior Vice President and Chief Marketing Officer. Mr. Olsen, 41, will be responsible for the development of all ... Continue reading
Amicus Bans Compulsory Overtime at Honda
LONDON, December 1 -- Amicus, Britain's biggest private sector union has put a stop to excessive overtime at Honda in an industrial relations breakthrough for 4,000 workers at the Swindon plant. Overtime at Honda is contractual and has only been limited to come within the 48 hour week maximum, permitted under the Worki ... Continue reading
AutoZone's Essential Tips for Safe Winter Travel
MEMPHIS, Tenn., Dec. 1 -- The holiday season is a great time to travel, and never a good time for car trouble. So, before you hit the road for the holidays, check out these Winter Driving Safety tips from AutoZone. Prepare for emergencies. This time of year it's always a good idea to keep an emergency kit in your trunk ... Continue reading
42nd Annual National RVIA: Fleetwood RV Launches New 2005 Revolution Liberty Edition Models
Fleetwood's Liberty Chassis and Caterpillar C9 Engine Provide Solid Foundation for Innovative New Floor Plans RIVERSIDE, Calif., Dec. 1 -- Fleetwood RV, a leading producer of recreational vehicles, today revealed the 2005 Revolution LE diesel pusher motor home with a quadruple-slide floor plan at the 42nd Annual Nation ... Continue reading
42nd Annual National RVIA: Fleetwood RV Introduces New Southwind Floor Plan With Rear Lounge
Large Bedroom Suite Key Feature in Fleetwood's Latest SpacePlus(TM) Design RIVERSIDE, Calif., Dec. 1 -- Fleetwood RV, a leading producer of recreational vehicles, showcased its 2005 Southwind floor plan with a spacious rear lounge at the 42nd Annual National RVIA tradeshow, taking place in Louisville, KY, November 30 - ... Continue reading
Hella Bi-Xenon Lighting ``Unbeatable'' in Master Tests
PLYMOUTH, Mich.--Dec. 1, 2004--High-tech bi-xenon lighting systems, once only available on high-end luxury cars, recently captured top honors in a light comparison test of eight European compact vehicles. Xenon systems from Hella, for example, were recognized in an international master-test carried out by the German jo ... Continue reading
New European Toyota Models Offer Gentex Mirror
ZEELAND, Mich., Dec. 1 -- Gentex Corporation, the leading supplier of automatic-dimming mirrors to the worldwide automotive industry, has begun shipping interior, automatic-dimming mirrors for the new Toyota Corolla hatchback and Corolla Verso multi-purpose vehicle (MPV). Both vehicles will be sold throughout Europe. G ... Continue reading
LA Auto Club Urges Motorists to Check Tire Pressure for Under-Inflation before Hitting the Road
LOS ANGELES--Dec. 1, 2004--Motorists can improve their safety and increase the life of their vehicle tires by checking for under-inflation before hitting the road for the winter holidays, according to the Automobile Club of Southern California. The Auto Club is offering a free brochure, "Be Tire Smart, Play Your Part," ... Continue reading
Texas Auto Writers' Association Names Land Rover LR3 'SUV of Texas'- There You Go
DALLAS, Dec. 1 -- Yesterday evening, Land Rover LR3 was officially named "SUV of Texas" by the Texas Auto Writer's Association (TAWA). The award was presented to Richard Beattie, executive vice president, Land Rover North America at ceremonies held in DeSoto, Texas. This year, a significant number of new trucks and SUV ... Continue reading
Research And Markets: China Auto Industry Review - The Brakes Are On, But Not For Long
DUBLIN, Ireland--Dec. 1, 2004--After an explosive couple of years, China's car market hit the buffers in 2004. Despite the slowdown in sales, there has been no let-up in the pace of investment in the market, with all the leading automakers jostling for position in the market. Carmakers are talking big numbers - altoget ... Continue reading
Titan Wheel Corporation of Illinois Signs Three-Year Wheel Supply Agreement with Deere & Company
QUINCY, Ill.--Dec. 1, 2004--Titan International, Inc. announced that subsidiary Titan Wheel Corporation of Illinois signed a wheel supply agreement with Deere & Company on December 1, 2004. The agreement provides Deere with wheel pricing for three years, with the exception of raw material price increases or decreases t ... Continue reading
'Barrett-Jackson' Car Collecting a Hobby and Investment
SCOTTSDALE, Ariz., Nov. 30 -- Car collectors know the value of their pastime, which if executed the "Barrett-Jackson" way, can yield an investment return that most hobbies don't. To help collectors, the Barrett-Jackson Auction Company created the Barrett-Jackson Mini Index to set the industry standard of how to verify ... Continue reading
Copart Reports First Quarter Financial Results
FAIRFIELD, Calif.--Nov. 30, 2004--Copart, Inc. the largest provider of vehicle salvage disposition services in the United States, today reported results for the quarter ended October 31, 2004, the first quarter of its 2005 fiscal year. During the first quarter ended October 31, 2004, Copart earned net income of $22.7 m ... Continue reading
2004 Was Record Year for Auto Recalls; Complexity of Vehicles, More Vigilance Cited As Reasons
DETROIT November 30, 2004; John Porretto writing for the AP reported that automakers can claim the dubious achievement of recalling more vehicles in the United States this year than ever before, though analysts and other observers say the record is more a result of the increasing complexity of cars and trucks and great ... Continue reading
General Motors to Lay Off New Jersey Plant Workers in Early 2005, Months Ahead of Original Plans
TRENTON, N.J. November 30, 2004; David Porter writing for the AP reported that General Motors Corp. will lay off most of the more than 1,000 workers at its Linden, N.J., assembly plant early next year, months ahead of its original plans to stop making two vehicles there, a company spokesman said Tuesday. GM is in the p ... Continue reading
will target this population with adult education programs, and this will provide new jobs as a result. The boomer generation has been the major driver of economic growth since the '80s and will continue to be in the coming years. ... Continue reading
Aerojet Wins Fire Suppression Contract With Ford Motor Company For Fire Prone Crown Victoria
Aerojet Plans Hiring, Building to Meet New Contract Requirements SACRAMENTO, Calif., Nov. 30 -- Aerojet, a GenCorp Inc. company, announced today that it will provide tooling and production-ready facilities for fire suppression systems designed to be used in Ford Motor Company's Crown Victoria Police Interceptor. The wo ... Continue reading
New 2005 Hyundai Tiburon Pricing Announced
- Tiburon Leads the Sporty Coupe Segment With Performance, Styling and Value - FOUNTAIN VALLEY, Calif., Nov. 30 -- Hyundai Motor America has announced pricing for the exciting 2005 Hyundai Tiburon. For 2005, the Hyundai Tiburon lineup has been revised and the sporty coupe has been revised and enhanced with exterior and ... Continue reading
NASCAR Nextel Cup Champion's Week - Day 2
* Active day - Kurt Busch completes training exercises with FDNY recruits * Wednesday sneak preview - Busch to visit CIBC Trading Floor, famous 21 Club restaurant NEW YORK, Nov. 30 -- Tuesday brought another national morning-show appearance for Kurt Busch (No. 97 Sharpie/IRWIN Tools Ford), the first stop on his second ... Continue reading
Safety Components International Announces the Establishment of Joint Venture in South Africa
GREENVILLE, S.C., Nov. 30 -- Safety Components International, Inc. (SAFY), the parent company of Automotive Safety Components International GmbH & Co. KG. (ASCI), an international producer of airbag fabrics and airbag cushions for the automotive industry, is pleased to announce its latest business expansion. ASCI, in u ... Continue reading
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