GM Announces New Incentive Program Intended to Help Clear Vehicles Off Dealers' Lots
DETROIT March 9, 2005; Dee-Ann Durbin writing for the AP reported that General Motors Corp. announced a new round of consumer incentives Thursday intended to help clear slow-selling vehicles off dealers' lots this month. GM will give cash bonuses of between $500 and $1,500 for vehicles that have been in dealer inventor ... Continue reading
Visteon Announces Financial Agreement with Ford; Strategic and Structural Discussions Continue
VAN BUREN TOWNSHIP, Mich., March 10 -- Visteon Corporation today announced a financial agreement with Ford Motor Company that will improve Visteon's operating results and cash flow and strengthen the operations that directly serve the automaker. The details of the financial agreement are being reported in a Securities ... Continue reading
Ducati Motor Holding Announces 2004 Bottom Line Results
BOLOGNA, Italy, March 10 -- Ducati Motor Holding S.p.A. , a leading manufacturer of high performance motorcycles, today announced bottom line results for 2004 confirming consolidated results down to earnings before tax, as previously reported, on February 11, 2005. Revenues for 2004 were Euro 382.8 million, up 1.0% exc ... Continue reading
MANN+HUMMEL Meets Environmental Challenges
LUDWIGSBURG, Germany, March 10 -- MANN+HUMMEL is a leader in combining engineering technology with the use of innovative components crafted of advanced materials. Working with sophisticated plastics and composites, they are experienced in providing automakers with the tools required to produce environmentally responsib ... Continue reading
MANN+HUMMEL Prepared for Clean Diesels
LUDWIGSBURG, Germany, March 10 -- As a precursor of good things to come, MANN+HUMMEL, has been selected by a U.S. OEM Automaker to supply a fuel filter module for diesel engines to be installed in a broad range of globally marketed vehicles. MANN+HUMMEL has combined innovative engineering technology with the use of adv ... Continue reading
DaimlerChrysler Corporation Receives Top Honors for Excellence in Human Resources
* DaimlerChrysler Corporation's Talent Acquisition Group recognized for strategic human resources practices * New, centralized hiring group reduces hiring cycle time and cost AUBURN HILLS, Mich., March 10 -- DaimlerChrysler Corp.'s Human Resources department has earned the Arbor Award for Excellence for building intern ... Continue reading
Barrett-Jackson Orange County Auction Postponed
SCOTTSDALE, Ariz.--March 10, 2005--The Barrett-Jackson Auction Company has issued the following statement from Craig Jackson, president of the Barrett-Jackson Auction Company: "The Barrett-Jackson Auction Company has postponed its 2005 Orange County Auction in the greater Los Angeles area. The sustained interest in col ... Continue reading
Former Mitsubishi CEO Pierre Gagnon is Bricklin's Choice to Lead Distribution for Visionary Vehicles
Gagnon Jumps Into Key Dealer Meetings While Setting Up Distribution Headquarters In Southern California NEW YORK, March 10 -- Visionary Vehicles LLC, an international automobile import/distribution company founded by Malcolm Bricklin to develop and sell a new luxury line of high-quality Chinese-made vehicles at excepti ... Continue reading
A MPG Here, a MPG There - Pretty Soon You'll Save Real Gasoline
Truck Drivers Offer Gasoline Saving Tips as Costs Rise Sharply ALEXANDRIA, Va., March 10 -- It now takes five "Benjamins" ($100 bills) for professional truck drivers, at $2.17 per gallon for diesel fuel, to fill the saddle tanks of their 18-wheelers. This makes them pay real close attention to efficient driving practic ... Continue reading
Car and Grill - 2005 Audi A4 Line - Review
2005 Audi A4 Taste the Difference By Marc J. Rauch, Executive Vice President & Co-Publisher Welcome to a new, and hopefully ongoing feature on The Auto Channel, CAR & GRILL, a delicious melding of two of the three finer pleasures of life, cars and food (the third is, of course, beautiful women). In fact, we hope that C ... Continue reading
ProQuest to Present at Credit Suisse First Boston Global Services Growth Conference
ANN ARBOR, Mich., March 10 -- ProQuest Company , a leading publisher of information solutions for the education and automotive markets, announced that it will make a company presentation at the Credit Suisse First Boston Global Services Growth Conference at the Arizona Biltmore in Phoenix, Arizona. ProQuest Company rec ... Continue reading
Shift4 Revs Up Credit Card Processing at This Year's Biggest Races
$$$ ON THE NET's Speed and Reliability Lap the Competition LAS VEGAS, March 10 -- The speed of the cars wasn't the only important thing at this year's Daytona 500 and AutoClub 500 races. Hundreds of thousands of auto racing fans in attendance at these two events were also counting on the speed of the transactions at th ... Continue reading
Speedemissions President Featured on WallstreetReporter.com
ATLANTA, March 10 -- Speedemissions, Inc. (BULLETIN BOARD: SPEM) , a leading vehicle emissions testing and safety inspections company announced that its President, Rich Parlontieri is featured on the online financial forum, Wall Street Reporter. Mr. Parlontieri's audio interview can be heard in its entirety for the nex ... Continue reading
Beard and Matco Tools Dodge on Horsepower TV this weekend
DON SCHUMACHER RACING 2005 NHRA POWERade DRAG RACING SERIES For Immediate Release Contact: Judy Stropus, 203-438-0501; cell 203-243-2438; jstropus@earthlink.net LEE BEARD AND MATCO TOOLS DODGE FUNNY CAR FEATURED ON HORSEPOWER TV THIS WEEKEND INDIANAPOLIS (March 10, 2005) - Matco Tools Iron Eagle Dodge Stratus Funny Car ... Continue reading
AMA 'MembersTour2005' to Visit San Antonio
-- Motorcycling organization will highlight 'Ride Straight,' other programs -- PICKERINGTON, Ohio, March 10 -- The American Motorcyclist Association (AMA) has announced that "MembersTour2005" will visit the South Texas Motorcycle Show in San Antonio, Texas, from Friday, March 18 through Sunday, March 20. The MembersTou ... Continue reading
Modine Chosen to Supply Engine Cooling Modules
RACINE, Wis. & BONLANDEN, Germany--March 10, 2005-- Agreement Builds on 8-Year Supply of Cooling Modules for Current Model Series and Nearly 25-Year Modine Partnership Global thermal management leader Modine Manufacturing Company announced today that it will supply engine cooling modules for the new BMW 3 Series which ... Continue reading
2005 Porsche Cayenne Features Delphi Technology
Content includes satellite radio receiver units, advanced HVAC system TROY, Mich., March 10 -- Delphi Corp. currently supplies three 2005 Porsche Cayenne models with satellite digital audio receivers and an advanced heating and air conditioning system. (Logo: http://www.newscom.com/cgi-bin/prnh/20020315/DEF002LOGO ) Th ... Continue reading
Mobile 2006 Debuts in North America at the Cellular Telecommunications & Internet Association's (CTIA) Wireless I.T. & Entertainment Show in New Orleans, LA CHICAGO, March 10 -- NAVTEQ , a leading global provider of digital maps for vehicle navigation and location-based solutions, has been chosen by ROUTE 66 to provide ... Continue reading
DALLAS, March 10 -- 7-Eleven, Inc. , today reported February 2005 sales results. Total February 2005 sales were $919.9 million, an increase of 6.3 percent over February 2004 sales of $865.2 million. Total merchandise sales for February 2005 were $587.4 million, an increase of 3.1 percent over the February 2004 total of ... Continue reading
European IMDS Steering Committee recognizes AIAG as the Voice of North American Suppliers DETROIT, March 10 -- The International Material Data System (IMDS) steering committee has named the Automotive Industry Action Group (AIAG) the official voice of North American automotive suppliers in making recommendations for im ... Continue reading
Applied DNA Sciences Develops DNA Petrochemical Marker
LOS ANGELES, March 10 -- Applied DNA Sciences Inc. (BULLETIN BOARD: APDN) a security solutions company focused on supply chain management relating to counterfeiting, fraud, piracy and product diversion, announced today the successful initial testing of their Encapsulated Botanical DNA (EBD) marker for the petrochemical ... Continue reading
Big Dog Motorcycles Endorses the NMDA for Rental and Leasing Programs
SCOTTSDALE, Ariz.--March 10, 2005--MBA Holdings, Inc. (OTCBB:MBAH) and the National Motorcycle Dealers Association (NMDA) have received the backing of Big Dog Motorcycles for the NMDA's motorcycle leasing program and to enroll the Big Dog dealer network as rental operators in MBA's wholly owned subsidiary, Worldwide Mo ... Continue reading
PLANO, Texas, March 10 -- EENT (BULLETIN BOARD: EENT) announced today that it has greatly expanded its national manufacturer's representative network, which markets directly to dealerships and fleets, with coverage of 36 states across the U.S. Additionally, it has its first order from a manufacturer's representative co ... Continue reading
GXS to Develop Industry's First Regional Data Pool across Middle East and Mediterranean Region
MALTA & GAITHERSBURG, Md.--March 10, 2005-- Egypt, Jordan, Lebanon, Malta, Morocco, Saudi Arabia, Syria, Tunisia and United Arab Emirates to Benefit from Global Data Synchronization (GDS) GXS, a leading provider of B2B e-commerce solutions, today announced it has signed an agreement with nine GS1 member organizations i ... Continue reading
Met-Pro Corporation Receives Equipment Order in Excess of $500,000 in People's Republic of China
HARLEYSVILLE, Pa., March 10 -- Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation , announced today that the Company has received a significant order as a result of a cooperative sales effort between their Mefiag B.V. subsidiary in Heerenveen, Netherlands and Sethco Division in Hauppauge, N ... Continue reading
National Auto Care Corp. Selects PNC Bank and Works to Streamline Claims Processing
Innovative Commercial Credit Card Program Management Lowers Costs, Increases Customer Satisfaction COLUMBUS, Ohio, March 10 -- National Auto Care Corp., a Columbus-based vehicle service agreement provider, has selected PNC Bank, National Association, member of The PNC Financial Services Group, Inc. , and Works Operatin ... Continue reading
Raser Technologies Selects Annual Meeting Date
PROVO, Utah--March 10, 2005--Raser Technologies Inc. (OTCBB:RSTG), a technology licensing company that develops and licenses advanced electric motor, controller and related technologies, today announced that it will hold its 2005 annual meeting of shareholders on Tuesday, May 24, 2005. The meeting will begin at 2 p.m. ... Continue reading
Spartan Chassis Posts Record Fire Truck Orders in February
Demand Driven by Outstanding Dealer and OEM Efforts CHARLOTTE, Mich., March 10 -- Spartan Chassis, a subsidiary of Spartan Motors, Inc. , today announced it secured 100 orders in the month of February 2005 for its custom fire truck chassis. Based in Charlotte, Mich., Spartan Chassis is a leading developer and manufactu ... Continue reading
Spartan Motors Expects Decrease In Fleetwood RV Chassis Production
CHARLOTTE, Mich., March 10 -- Spartan Chassis, a subsidiary of Spartan Motors, Inc. , today announced that Fleetwood RV is not renewing Spartan's agreement to supply entry-level chassis for its 2006 model year products, which will result in the loss of certain Fleetwood business beginning in the third quarter of 2005. ... Continue reading
Oshkosh Truck Acquires Canadian Concrete Mixer Manufacturer, London Machinery Inc.
OSHKOSH, Wis.--March 10, 2005--Oshkosh Truck Corporation , a leading manufacturer of specialty trucks and truck bodies, announced today that it has acquired London Machinery Inc., a leading, privately-owned manufacturer of concrete mixers based in London, Ontario. "This acquisition of London provides us with an opportu ... Continue reading
FOREST CITY, Iowa--March 10, 2005--Winnebago Industries, Inc. , the nation's leading manufacturer of motor homes, will host a conference call on Thursday, March 17, 2005 at 10 am ET to discuss the financial results of its second quarter of fiscal 2005 ended February 26, 2005. The Company will release its financial resu ... Continue reading
Caterpillar to Offer On-Highway Automatic Transmissions
Transmissions Will Target Vocational Truck Market PEORIA, Ill., March 10 -- Caterpillar Inc. is building on the legacy of its off-road equipment by developing a complete line of fully automatic, planetary transmissions designed specifically for vocational applications. Caterpillar plans to begin production of these tra ... Continue reading
Five Hyundai Models Named a 'Best Bet' in The Car Book 2005
Hyundai's Accent, Elantra, Santa Fe, Sonata and Tiburon Earn Distinction in Automotive Consumer Expert's New Book FOUNTAIN VALLEY, Calif., March 10 -- Five Hyundai models -- the Accent, Elantra, Santa Fe, Sonata and Tiburon -- earned the title "Best Bet" in Jack Gillis' The Car Book 2005. The Car Book, in cooperation w ... Continue reading
XIANGFAN, China, March 10 -- Dana Corporation and Dongfeng Motor Co. Ltd. today signed an agreement to form a joint-venture company to develop and produce commercial vehicle axles in China. The 50/50 joint venture will be called Dongfeng Dana Axle Co. Ltd. ... Continue reading
Medallion Announces 2004 Fourth Quarter and Full Year Results
Annual Highlights * Net Investment Income After Taxes Increases To $0.29 From $0.08 * EPS Increases To $1.22 From $0.11 * Medallion Loans Increase 36% To All-Time High * Commercial Loans Increase 59% * Total Assets Increase 55% To All-Time High NEW YORK, March 10 -- Medallion Financial Corp. , a specialty finance compa ... Continue reading
Mitsubishi Motors Reaches Deal With DaimlerChrysler on Defect Cover-Up and Recall Scandal
TOKYO March 10, 2005; The AP reported that Japan's Mitsubishi Motors Corp. said Thursday that it had settled with DaimlerChrysler AG on compensation for the costly defect cover-up and recall scandal at Mitsubishi Motors' truck unit. The deal includes a cash payment -- the amount of which was not disclosed -- and the tr ... Continue reading
BURSCHEID, Germany, March 10 -- - Ideas for Tomorrow's Automotive Interiors "What makes a brand a brand?" was the theme of this year's design project for master's students in strategic product design at Delft University of Technology in the Netherlands. Together with Johnson Controls, one of the world's leading supplie ... Continue reading
Leading India Information Technology Firm Becomes Apriso Implementation Partner
LONG BEACH, Calif. & NEW DELHI, India--March 10, 2005--Apriso(R) Corporation and HCL Technologies (NSE:HCLT.NS) have formed an alliance appointing HCL as an implementation and services partner for Apriso FlexNet(TM) application software. HCL Technologies will be engaged in FlexNet implementation projects both in the As ... Continue reading
DETROIT, March 9 -- Yvonne White, president of the Michigan State Conference NAACP, denounced the despairing comments of the Audette Cadillac Dealership operator, located in Novi, Michigan, who responded to a call from an African American woman asking for driving directions. The General Motors OnStar factory-installed ... Continue reading
TROY, Mich.--March 9, 2005--GlobalAutoIndustry.com today announced the speaker lineup for the March 31 "Morocco: Gateway Advantage" Seminar for automotive companies seeking to establish a manufacturing, assembly or logistics base in Europe via Morocco. "Our experience in Morocco has been very positive across the board, ... Continue reading
Xtreme Companies Announces Multi-Million Dollar Distribution Agreement With Challenger Offshore
STANTON, Calif., March 9 -- Xtreme Companies, Inc. (BULLETIN BOARD: XTME) announced that it has acquired the exclusive marketing and distribution rights from Marine Holdings, Inc. (MHI) d/b/a Challenger Offshore, for their semi-custom "CHALLENGER" line of fiberglass boats. MHI offers a model range of 19' to 97' in leng ... Continue reading
AutoNation to Present at Stephens Conference
FORT LAUDERDALE, Fla., March 9 -- AutoNation, Inc. , America's largest automotive retailer announced today that it will air a live audio web cast on Tuesday, March 15, 2005 of its upcoming investor presentation at the 2005 Stephens Inc. Specialty Retailing Conference in New York City. AutoNation's Chief Executive Offic ... Continue reading
DataDot Signs Major Automotive Supply Contract
REDMOND, Wash.--March 9, 2005--DataDot Technology USA is pleased to announce that Life of the South has entered into an agreement with the company's automotive division, DataDot Dealer Services, to become a key distributor of DataDot automotive products to its agents and dealers throughout the United States. DataDot De ... Continue reading
J. B. Hunt Transport Services, Inc. Announces Update on Tax Audit
LOWELL, Ark.--March 9, 2005--J. B. Hunt Transport Services, Inc., announced today an update on a previously disclosed tax matter. As previously announced, we received a notice in December 2003 from the Internal Revenue Service (IRS) proposing adjustments and additional income taxes due for our 1998 and 1999 tax years. ... Continue reading
Safelite Group Announces Support of New Ronald McDonald House
COLUMBUS, Ohio, March 9 -- Columbus, Ohio-based Safelite Group, the parent company of Safelite AutoGlass, announces a donation to the Ronald McDonald House Charities of Central Ohio to support a new Ronald McDonald House, a home-away-from-home for families of seriously ill children at local hospitals. Safelite is contr ... Continue reading
The Cobalt Group Named Service Provider of the Year by the Washington Software Alliance --WSA--
SEATTLE--March 9, 2005--In an awards gala last night attended by nearly 1,000 industry participants, The Cobalt Group, the leading provider of retailing solutions for the automotive industry, was honored as Service Provider of the Year with an Industry Achievement Award by the Washington Software Alliance, Washington's ... Continue reading
Ford Declares Second Quarter Dividend
DEARBORN, Mich., March. 9 -- The Board of Directors of Ford Motor Company [NYSE: F] today declared a second quarter dividend of 10 cents a share on the company's Class B and common stock. This is the same level of dividend paid in the first quarter of 2005. The second quarter dividend is payable on June 1, 2005 to shar ... Continue reading
ZAP Crosses $100 Million Threshold for Popular European-Made Microcar
SANTA ROSA, Calif.--March 9, 2005---ZAP (OTCBB: ZAPZ), pioneering the next generation of advanced transportation and energy technologies, has announced that the Company has crossed the $100 million threshold for purchase orders for its SMARTCAR high gas mileage vehicles. Steve Schneider, CEO of ZAP, made the announceme ... Continue reading
HANOVER/TAUNUSSTEIN, Germany, March 10 -- Motorola, Inc. will demonstrate, during CeBIT 2005*, the enhanced in-vehicle communications system that it designed, and that is currently available on 2005 BMW model year vehicles. Motorola has integrated Bluetooth wireless technology into the Communications Control Unit it su ... Continue reading
Motorola Seamless Mobility - Multimedia and Automotive Products at CeBIT 2005
-- Two new clamshell phones added to 3G portfolio -- Communications for everyone with two new stylish and affordable clamshell devices -- New BMW Bluetooth(R) car communications system HANNOVER, Germany, March 10 -- CeBIT -- At CeBIT 2005 (Exhibit Stand E40, Hall 26), Motorola, Inc. is demonstrating its vision of Seaml ... Continue reading
U.S. Advanced Battery Consortium Selects Maxwell Technologies
'Big 3' U.S. Auto Companies and Department of Energy Support FreedomCAR R&D Collaboration to Promote Enabling Technologies for Transition to Petroleum-Free Passenger Vehicles Conference Call at 8 a.m. (PST) Tomorrow - Details Below SAN DIEGO, March 9 -- Maxwell Technologies, Inc. announced today that it has received ap ... Continue reading
Telogis Lends Technology to Rochester Institute of Technology's DARPA Grand Challenge Team
COSTA MESA, Calif.--March 9, 2005--Telogis has agreed to sponsor Rochester Institute of Technology's (RIT) G-CART Team in the DARPA Grand Challenge. Telogis will be supplying telematics technologies including hardware, development tools, tracking services and mapping software to RIT's effort to create an autonomous veh ... Continue reading
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.
Vehicle manufacturers and alt fuels.
