Dana Corporation Announces Outsourcing of Grey Iron Castings
Muskegon, Michigan, Foundry to Close TOLEDO, Ohio, Dec. 22 -- Dana Corporation today announced it has signed a long-term agreement with Federal- Mogul Corporation (BULLETIN BOARD: FDMLQ) to supply Dana with grey iron castings from its western Michigan facility. Grey iron castings are used in the manufacture of piston r ... Continue reading
MIT Sloan Offers Courses to Train Chinese Managers on Global Market
CAMBRIDGE, Mass.--Dec. 22, 2004-- Considers Center on China The MIT Sloan School of Management is running two courses in Shanghai in January to train China-based managers in cutting edge management techniques for the global marketplace. These two courses, led by Dean Emeritus Lester Thurow and Tom Stallkamp, former pre ... Continue reading
BETHESDA, Md., Dec. 22 -- American Capital Strategies Ltd. announced today it has invested $33 million in Qualitor Inc., a diversified automotive aftermarket parts manufacturer. American Capital's investment takes the form of senior and junior subordinated debt and preferred and common equity. A syndicate of lenders le ... Continue reading
WOODLAND HILLS, Calif.--Dec. 22, 2004--This holiday season is expected to be among the busiest ever on California's roads. As Californians rush to check-off last-minute shopping lists, attend holiday parties and plan family trips, 21st Century Insurance is urging motorists to remember the dangers of driving under the i ... Continue reading
Merry Christmas from Dana: Close Michigan Plant
NEW YORK December 22 2004; Reuters reported that Dana Corp. said on Wednesday it signed a long-term pact to outsource gray iron castings production to (Bankrupt)Federal-Mogul Corp. and will close its foundry operations in Michigan, cutting 240 jobs. The auto-parts supplier said in a statement that closing its Muskegon, ... Continue reading
General Motors to Offer Another Round of Early Retirement Offers to U.S. Workers Next Year
DETROIT December 22, 2004; The AOP reported that General Motors Corp. plans to offer another round of early retirement offers and buyout packages to U.S. salaried workers early next year, the company said Wednesday. GM, the world's largest automaker, declined to say how many of its roughly 38,000 U.S. salaried employee ... Continue reading
DETROIT, Dec. 22 -- ROAD & TRAVEL Magazine (RTM) announced that CBS Detroit will air its 2005 9th Annual International Car of the Year Awards (ICOTY) as a one-hour TV special at three separate times, just prior to the kickoff of the North American International Auto Show in Detroit. The ICOTY Awards that were originall ... Continue reading
2005 NAIAS: Detroit Auto Show To Showcase Stunning Vehicle Previews
Exciting Production and Concept Vehicles Display Hottest Automotive Trends in SUVs, Trucks, Sport Cars and Luxury Vehicles to International Media DETROIT, Dec. 22 -- The 2005 North American International Auto Show (NAIAS), one of the world's most prestigious automotive events, expects to showcase more than 65 exciting ... Continue reading
AAA Michigan Tips Will Help Keep You on Road in Frigid Weather
DEARBORN, Mich., Dec. 22 -- Preparing now for freezing temperatures and snow predicted across the state tonight and tomorrow will help keep your vehicle on the road, advises AAA Michigan. Motorists can help keep their vehicles on the road by doing the following: * Faulty batteries cause more car starting problems than ... Continue reading
Car/Truck Review: 2005 Hummer H2 SUT
THE AUTO PAGE By JOHN HEILIG SPECIFICATIONS MODEL: Hummer H2 SUT ENGINE: 6.0-liter V8 HORSEPOWER/TORQUE: 325 hp @ 5,200 rpm/365 lb.-ft. @ 4,000 rpm TRANSMISSION: 4-speed automatic WHEELBASE: 122.8 in. LENGTH x WIDTH x HEIGHT: 203.5 x 81.2 x 78.5 in. TIRES: LT315/70R17 TIRES: LT315/70R17 TIRES: LT315/70R17 ECONOMY: 11.3 ... Continue reading
“Look at the Hummer” By Jonathan Feldman Colorado ski weekend…a happy occasion with my good friends…what a more could a guy ask for? Oh yeah, there is more…I was picking up a new Hummer H2, at mile high Denver’s 20 mile long airport, to review for The Auto Channel, what a deal. As my ... Continue reading
Court Decision - Wives Can Sue Snap-on
NEW BRUNSWICK, N.J., Dec. 22 -- Marks & Associates announced the following today: In a groundbreaking legal opinion, New Jersey Superior Court Judge Mathias E. Rodriguez has determined that the wives of Snap-on Tools dealers have an independent legal right to sue the franchisor in court before a jury, in connection wit ... Continue reading
Classic Car Buying and Selling Link Added to NADA Guides
COSTA MESA, Calif., Dec. 22 -- Interested in a buying or selling a classic or collectible car? NADAguides.com, a leading vehicle information website, today announced it has launched a collectible car buying and selling service at its website, www.NADAguides.com. With this new service, car buyers have the ability to sea ... Continue reading
AAA Texas Offers Guidelines to Prepare for Winter Driving Dangers
IRVING, Texas--Dec. 22, 2004--As meteorologists forecast lower temperatures, AAA Texas is encouraging motorists to be prepared for adverse conditions as the weather turns cold. "In 2002, sleet and snow contributed to more than 205,000 reported crashes nationally," said Rose Rougeau, spokesperson for AAA Texas. "Many of ... Continue reading
Nine International Records With BMW Hydrogen Combustion Engine Officially Confirmed by FIA
MUNICH, Germany, December 22 -- The Fédération Internationale de l'Automobile (FIA) has officially confirmed the nine international records set by the BMW H2R for hydrogen-powered vehicles with a reciprocating engine. The records were set on September 19th at the BMW Testing Centre in Miramas (Southern France). "The ... Continue reading
Mazda Lets Consumers Take a Virtual Vacation on Zoom-Zoom Island
- Mazda North American Operations Launches New Product & Entertainment Website - IRVINE, Calif., Dec. 22 -- Mazda North American Operations (MNAO) today launched a new interactive website called "Zoom-Zoom Island," a unique combination of vehicle information and experiential entertainment. Designed to provide potential ... Continue reading
Federal-Mogul Aftermarket Awarded 'Vendor of the Year' by Aftermarket Auto Parts Alliance
SOUTHFIELD, Mich., Dec. 22 -- Aftermarket Auto Parts Alliance -- Federal-Mogul's largest Aftermarket customer -- recently awarded the company's Aftermarket group with its prestigious Vendor of the Year 2004 Award. The company was also honored with awards for Outstanding Marketing Support, Outstanding Manpower Support a ... Continue reading
Grammer Head Restraints Answer IIHS Concerns
TROY, Mich., Dec. 22 -- Grammer AG - Automotive, a supplier of specialty automotive seating systems, has developed a second generation of electronically-activated head restraints. The new system reduces the impact of whiplash injury in rear-end collisions by moving the head restraint forward. Grammer's anti-whiplash sy ... Continue reading
EVS Receives Award from Israel-Japan Chamber of Commerce
YOKNEAM, Israel--Dec. 22, 2004--Elbit Vision Systems Ltd. (OTCBB:EVSNF) today announced that the Israel-Japan Chamber of Commerce has named EVS as one of its five 2004 Outstanding Exporters to Japan. The award will be given at the January Chamber of Commerce's annual dinner in the presence of Israel's Minister of Comme ... Continue reading
GM Delivers Hybrid Power Buses To Albuquerque
Hybrid-Powered Buses Save On Fuel And Reduce Emissions ALBUQUERQUE, NM December 21. 2004; The city of Albuquerque set a significant environmental example this week by adding 12 hybrid buses to its mass transit fleet. Albuquerque joins the growing ranks of communities investing in transit buses powered by General Motor' ... Continue reading
Johnson Controls Honors Its Best Suppliers With Performance and Leadership Awards
Company Recognizes 44 Suppliers During Annual Awards Ceremony PLYMOUTH, Mich., Dec. 21 -- Johnson Controls honored its 44 top-performing suppliers at a celebration event held this month at the Westin Detroit - Metropolitan Airport Hotel in Romulus, Michigan. A total of 45 awards were presented to supply companies that ... Continue reading
Toyota Promotes North American Manufacturing Executives
ERLANGER, Ky., Dec. 21 -- Toyota announced today the promotions and rotations of several senior level managers at the automaker's North American manufacturing facilities and headquarters. Note: A key to all acronyms is at the end of this release. The new positions are as follows: Hideki Matsunaga, TMMBC, President. Mr. ... Continue reading
L.A. Auto Show Selects Hyundai 'Entity' Concept Drawing to Preview Creative Competition
Show Organizers Release Artwork of Surfboard-Inspired Hyundai Concept FOUNTAIN VALLEY, Calif., Dec. 21 -- The organizers of the 2005 Los Angeles Auto Show gave auto lovers a preview of the Design Los Angeles creative competition by releasing the Hyundai NTT, or "Entity," concept drawing. The design features a vehicle t ... Continue reading
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