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March 2005

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Wednesday, March 30, 2005

China's Automakers Profits down 78.4%

China's Automakers Profits down 78.4%

BEIJING, Mar. 31, 2005; Chinaview reported that Chinese passenger carmakers saw their profits plunge by 78.4 percent in the first two months of this year from the same period a year earlier, according to data reported by domestic media. Although rising prices for raw materials, especially steel, raised production costs ... Continue reading

GM's China Chief Resigns as JV Quakes

GM's China Chief Resigns as JV Quakes

SHANGHAI/DETROIT March 30, Ben Blanchard writing for Reuters reported that General Motors Corp. on Wednesday said the head of its operations in China was stepping down, as earnings from the company's second-largest market slow dramatically. No specific explanation was given for the sudden departure of nine-year China v ... Continue reading

SMSC Acquires OASIS SiliconSystems; Adds Blue-Chip Automotive Customer Base for Infotainment Networking Applications & Broadens European Presence

SMSC Acquires OASIS SiliconSystems; Adds Blue-Chip Automotive Customer Base for Infotainment Networking Applications & Broadens European Presence

HAUPPAUGE, N.Y.--March 30, 2005--Reaching a significant milestone in its diversification strategy, SMSC , a leading semiconductor company delivering innovative system solutions spanning analog, digital and mixed-signal technologies, today announced the acquisition of OASIS SiliconSystems Holding AG (OASIS), a leader in ... Continue reading

MOHLER MOTORSPORTS TO DEBUT AT MOROSO MOTORSPORTS PARK

MOHLER MOTORSPORTS TO DEBUT AT MOROSO MOTORSPORTS PARK

NEWS RELEASE March 30, 2005 FOR IMMEDIATE RELEASE TEAM MOPAR CONTACT: Misha Geisert J.R. Thompson Company (317) 432-4110 MoparPR@aol.com MOPAR'S MOHLER MOTORSPORTS TO DEBUT AT MOROSO MOTORSPORTS PARK Center Line, Mich. - For Scott Mohler, the 2005 racing season will be one filled with "firsts." He'll make his debut wit ... Continue reading

Carrier Boyz Racing AirHog Dragster Joins NASCAR Festivities at Bristol Motor Speedway

Carrier Boyz Racing AirHog Dragster Joins NASCAR Festivities at Bristol Motor Speedway

*CARRIER BOYZ RACING FRAM AIRHOG DRAGSTER Visit our website at www.carrierboyzracing.com* * * * FOR IMMEDIATE RELEASE* * * * MEDIA CONTACT: MICKEY SCHULTZ* * PHONE/FAX: 770-476-8477* * E-MAIL: mschultz@bellsouth.net* BRISTOL, Tenn. (March 30, 2005) - In front of the largest sports audience in the state of Tennessee, th ... Continue reading

Successful Atlanta Debut Leads To Two More NASCAR Truck Races For Jimmy Kite

Successful Atlanta Debut Leads To Two More NASCAR Truck Races For Jimmy Kite

Successful Atlanta Debut Leads To Two More NASCAR Truck Races For Jimmy Kite CONCORD, N.C., March 30, 2005 - Jimmy Kite finished his first NASCAR Craftsman Truck Series event with a flourish, running in 19th, backwards across the start-finish line at the Atlanta Motor Speedway (AMS). The overall run so impressed MRD Mo ... Continue reading

Shane Lewis Fontana Preview Notes

Shane Lewis Fontana Preview Notes

Shane Shots - Notes on Shane Lewis Grand American Rolex Sports Car Series - Daytona Prototype Class Grand American 400 - California Speedway, Fontana Calif. - March 31- April 3, 2005 No.3 PAP-PARTS / OZEXE Southard Motorsports BMW-Riley Daytona Prototype birthplace: Lancaster, Calif. current residence: Jupiter, Fla. he ... Continue reading

In Wake Of High Gas Prices, New Reports Indicate Growing Market For Diesel Vehicles

In Wake Of High Gas Prices, New Reports Indicate Growing Market For Diesel Vehicles

Diesel Vehicle Sales, Fuel Availability on the Rise WASHINGTON, March 30 -- With gas prices hitting new record highs, consumers nationwide are increasingly turning to diesel-powered vehicles as a high-performance and fuel-efficient alternative to gasoline, according to research released today by the Diesel Technology F ... Continue reading

Federal-Mogul Names Mario Leone Senior Vice President and Chief Information Officer

Federal-Mogul Names Mario Leone Senior Vice President and Chief Information Officer

SOUTHFIELD, Mich.--March 30, 2005--President and Chief Executive Officer Jose Maria Alapont announced today the appointment of Mario Leone as senior vice president and chief information officer and a member of the Strategy Board for Federal-Mogul Corporation (OTCBB:FDMLQ), effective May 2, 2005. "Mr. Leone's global aut ... Continue reading

RaceQuest to offer Free Online Racing Sponsorship Seminar

RaceQuest to offer Free Online Racing Sponsorship Seminar

RaceQuest to offer Free Online Racing Sponsorship Seminar ERIE, Pa. – RaceQuest, a company dedicated to assisting race teams and promoters with their Sponsorship Marketing programs, will host a FREE Sponsorship Seminar on Thursday March 31, 2005, at 7:30 PM Eastern Standard Time, and again at 8PM Pacific for race ... Continue reading

Nissan North America to Make Industry History by Selling One Million Units Annually

Nissan North America to Make Industry History by Selling One Million Units Annually

-- WHO: Nissan North America, Inc. (NNA) WHAT: NNA is on the brink of breaking both industry and company history by selling its first million units within twelve months. Jed Connelly, senior vice president, sales and marketing will be available for interviews. Live remote satellite feed and B-roll footage will also be ... Continue reading

NYTimes.com Revs up for the New York International Auto Show with Sweepstakes and Special Section

NYTimes.com Revs up for the New York International Auto Show with Sweepstakes and Special Section

NEW YORK--March 30, 2005-- Readers Can Enter by April 19 to Win Three State-of-the-Art Prizes: Xbox Game Console, DVD Player Package, GPS Auto Navigation System NYTimes.com announced today the launch of the "Fully Loaded for 2005" sweepstakes as part of its coverage of this year's New York International Auto Show. Read ... Continue reading

Edmunds.com President to Speak at Motor Press Guild Monthly Meeting

Edmunds.com President to Speak at Motor Press Guild Monthly Meeting

WHO: Jeremy Anwyl, President, Edmunds.com will outline five significant trends in the auto industry and discuss their impact on consumers, dealers, manufacturers and Wall Street. WHAT: Motor Press Guild Monthly Meeting Cost: $20.00/Members, $25.00/Non-members WHEN: Tuesday, April 5, 2004 11:30 a.m. - social/12:00- Lunc ... Continue reading

AAA Arizona Selects CDS for Data Capture Services

AAA Arizona Selects CDS for Data Capture Services

DES MOINES, Iowa--March 30, 2005-- CDS Business Solutions to Provide Outsourced Technology Services to Enhance Capture, Management and Delivery of Receivables Information Communications Data Services, Inc. (CDS), a subsidiary of The Hearst Corporation and leading provider of full-service outsourced solutions to manage ... Continue reading

Auto Data Network Announces Spinoff of Its Dealer Management System Business; Company provides update on recent progress

Auto Data Network Announces Spinoff of Its Dealer Management System Business; Company provides update on recent progress

NEW YORK & TUNBRIDGE WELLS, United Kingdom--March 30, 2005--Auto Data Network Inc. (OTC Pink Sheets: ADNW), a provider of software and real-time data services to the worldwide automotive industry today announced that it has established a holding company for its dealer management software and services businesses ("DMS") ... Continue reading

Florida's Northwood University International Auto Show Features Virtually Emission-Free Autos

Florida's Northwood University International Auto Show Features Virtually Emission-Free Autos

99% Cleaner Vehicles Now Available to Consumers in Showrooms WEST PALM BEACH, Fla., March 30 -- Major automakers this week announced a landmark achievement that will help clean the air and protect the environment, as they introduced at the Northwood University International Auto Show a new generation of vehicles that a ... Continue reading

March Navicom GPS Sales Better Than Expected With 20% Increase in Total Subscribers

March Navicom GPS Sales Better Than Expected With 20% Increase in Total Subscribers

Navicom Also Announced Today That a Florida Police Department is Testing Navicom in Their Narcotics and Homicide Division SCOTTSDALE, Ariz., March 30 -- NowAuto, Inc. today announced a corporate update for wholly owned subsidiary Navicom. March was a record month with over 300 GPS units sold. Beginning in April, NowAut ... Continue reading

Market Scan's Answer to ePencil; Dealers Can't Say Enough about Pre-Released Versions of Market Scan's Latest Product

Market Scan's Answer to ePencil; Dealers Can't Say Enough about Pre-Released Versions of Market Scan's Latest Product

WESTLAKE VILLAGE, Calif.--March 30, 2005--Market Scan Information Systems launched a new product for its Desking Module called mPencil(TM). Market Scan's mPencil(TM) gives sales staff and customers a starting point by offering customers a multitude of payments. mPencil(TM) displays payment options for multiple terms ba ... Continue reading

Modine and ChevronTexaco Team Up to Create New Approach for the Distributed Production of Hydrogen

Modine and ChevronTexaco Team Up to Create New Approach for the Distributed Production of Hydrogen

RACINE, Wis.--March 30, 2005-- New Research and Development Presented at National Hydrogen Association Conference Global thermal management leader Modine Manufacturing Company presented today along with ChevronTexaco Technology Ventures, a ChevronTexaco subsidiary, a paper based on proprietary research and development ... Continue reading

PlanetOut Inc. Announces 2005 PlanetOut Short Movie Award Winners

PlanetOut Inc. Announces 2005 PlanetOut Short Movie Award Winners

Leanna Creel's Comedy 'Prom-troversy' Earns Top Honors in This Year's Awards SAN FRANCISCO, March 30 -- PlanetOut Inc. , a global online media company serving the gay and lesbian market, today announced the winners of the 6th Annual PlanetOut Short Movie Awards, presented by Scion and hosted by the Miami Gay and Lesbia ... Continue reading

Speedemissions Engages Prospect Financial Advisors

Speedemissions Engages Prospect Financial Advisors

Will Assist Company in Strategic Opportunities ATLANTA, March 30 -- Speedemissions, Inc. (BULLETIN BOARD: SPEM) , a leading company for cars, SUVs, pick-up trucks and mini-vans, announced that it has engaged Prospect Financial Advisors, LLC as its Investment Banker. Prospect Financial Advisors, with headquarters in Los ... Continue reading

Torvec Names Mary Ho and Philip Fain to Board of Directors

Torvec Names Mary Ho and Philip Fain to Board of Directors

ROCHESTER, N.Y., March 30 -- Torvec, Inc. (BULLETIN BOARD: TOVC.OB) announced today that effective March 29, 2005, Mary Ho and Philip A. Fain were elected to its Board of Directors. Mary Ho is President of the China Millennium Council, a globally recognized enterprise dedicated to fostering and developing innovative cu ... Continue reading

Yamaha WaveRunner VX110 Deluxe Named 2005 Watercraft of the Year

Yamaha WaveRunner VX110 Deluxe Named 2005 Watercraft of the Year

In only its second month on the market, the VX110 Deluxe is already the best selling 2005 model in the industry KENNESAW, Ga., March 30 -- Yamaha Motor Corporation, U.S.A. has once again set a new standard of excellence for personal watercraft with the WaveRunner VX110(TM) Deluxe being named 2005 "Watercraft of the Yea ... Continue reading

Catadyne Corp. Announces Name Change to Northeast Auto Acceptance Corp.

Catadyne Corp. Announces Name Change to Northeast Auto Acceptance Corp.

MERRICK, N.Y.--March 30, 2005--Catadyne Crop announced today that it has changed its name to Northeast Auto Acceptance CORP. (OTC: NAAC) to reflect it's recent acquisition of Northeast Auto Acceptance Corp. (Northeast) a private company focused on wholesale vehicle sales and distribution Northeast is a leader in this f ... Continue reading

ChevronTexaco Announces Relaunch of Lubrication Magazine; Publication Focused on Lubricant Technology to Serve as Valuable Industry Resource

ChevronTexaco Announces Relaunch of Lubrication Magazine; Publication Focused on Lubricant Technology to Serve as Valuable Industry Resource

SAN RAMON, Calif.--March 30, 2005--ChevronTexaco Products Company, a leading provider of engine oils, lubricants, coolants and related solutions, today announced that it has reintroduced Lubrication magazine, a longtime source of technical information about lubricants, coolants and lubrication solutions. The magazine, ... Continue reading

Coach Industries Group, Inc. Announces 2004 Fourth Quarter and Year End Earnings Conference Call

Coach Industries Group, Inc. Announces 2004 Fourth Quarter and Year End Earnings Conference Call

COOPER CITY, Fla.--March 30, 2005--Coach Industries (OTCBB:CIGI), which offers an array of financial services and insurance products to commercial fleet operators, today announced that Frank O'Donnell, CIGI's President and Chief Executive Officer, will host a conference call to discuss the Company's financial results f ... Continue reading

Dtomi Evaluating Additional Acquisition Candidates as Part of Business Transformation; Original Patent License Agreement With Lo-Tow Axles, Pty Also Terminated

Dtomi Evaluating Additional Acquisition Candidates as Part of Business Transformation; Original Patent License Agreement With Lo-Tow Axles, Pty Also Terminated

PLANTATION, Fla.--March 30, 2005--Dtomi, Inc., a Nevada corporation ("Dtomi") (OTCBB:DTOI), announced today that, as part of its business transformation, it is evaluating additional acquisition candidates. John Haddock, Dtomi's CEO said, "We continue to pursue a strategy of building a base of diversified technology and ... Continue reading

GlobalAutoIndustry.com to Launch Subscription-Based GlobalAutoCommunity Allowing Automotive Suppliers Worldwide to Communicate and Do Business in a Secure Environment

GlobalAutoIndustry.com to Launch Subscription-Based GlobalAutoCommunity Allowing Automotive Suppliers Worldwide to Communicate and Do Business in a Secure Environment

TROY, Mich.--March 30, 2005--GlobalAutoIndustry.com, along with partner Creative System Dynamics, today announced their plans to launch a new, global supplier online community allowing suppliers to communicate with each other in a secure environment. Through the GlobalAutoCommunity, suppliers will have access to other ... Continue reading

Intier Shareholders Approve Privatization

Intier Shareholders Approve Privatization

NEWMARKET, Ontario, March 30 -- Magna International Inc. (TSX: MG.SV.A., MG.MV.B; NYSE: MGA) ("Magna") and Intier Automotive Inc. (TSX: IAI.SV.A; NASDAQ: IAIA) ("Intier") today jointly announced that Intier's shareholders have approved the previously announced plan of arrangement under Ontario law, by which Magna will ... Continue reading

Johnson Controls Completes Sale of Its World Services Subsidiary

Johnson Controls Completes Sale of Its World Services Subsidiary

MILWAUKEE, March 30 -- Johnson Controls, Inc. today announced it has completed the previously announced sale of its Johnson Controls World Services Inc. (JWCS) subsidiary to IAP Worldwide Services, Inc. (Logo: http://www.newscom.com/cgi-bin/prnh/20030423/JCILOGO ) IAP, based in Irmo, South Carolina, paid approximately ... Continue reading

Joint Press Release - Intier shareholders approve privatization

Joint Press Release - Intier shareholders approve privatization

NEWMARKET, ON, March 30 -- Magna International Inc. (TSX: MG.SV.A., MG.MV.B; NYSE: MGA) ("Magna") and Intier Automotive Inc. (TSX: IAI.SV.A; NASDAQ: IAIA) ("Intier") today jointly announced that Intier's shareholders have approved the previously announced plan of arrangement under Ontario law, by which Magna will acqui ... Continue reading

Knockout Holdings Reschedules Fourth Quarter 2004 Conference Call

Knockout Holdings Reschedules Fourth Quarter 2004 Conference Call

NORTHLAKE, Ill.--March 30, 2005--Knockout Holdings, Inc., (OTCBB:KNOH) exclusive developer and marketer of the new George Foreman's Knock-Out(R) line of household and automotive cleaning products, announced that it has rescheduled fourth quarter results for the morning of Friday, April 8, 2005 to coincide with the fili ... Continue reading

MatrixOne Announces Integration with IBM Rational ClearCase

MatrixOne Announces Integration with IBM Rational ClearCase

WESTFORD, Mass.--March 30, 2005-- Integration Promotes Synchronous Software Design in Parallel with Electrical and Mechanical Product Design Disciplines, Improving Cross-Functional Collaboration and Time to Market for Today's Sophisticated Products MatrixOne, Inc. , a leading provider of collaborative product lifecycle ... Continue reading

Mile Marker International, Inc. Announces Quarterly Cash Dividend

Mile Marker International, Inc. Announces Quarterly Cash Dividend

POMPANO BEACH, Fla.--March 30, 2005--Mile Marker International, Inc. (OTCBB:MMRK), a specialty vehicle parts distributor, today announced the payment of a second quarter cash dividend of $0.0625 per common share. Mile Marker International, Inc. today announced that its Board of Directors authorized the payment of a qua ... Continue reading

New Senior Vice President, Sales & Marketing Joins Central Freight; Richard Stolz Delivers Expertise, Experience and Drive

New Senior Vice President, Sales & Marketing Joins Central Freight; Richard Stolz Delivers Expertise, Experience and Drive

PHOENIX--March 30, 2005--Bob Fasso, President of Central Freight Lines, Inc. announced today the appointment of Richard (Rich) T. Stolz as Senior Vice President, Sales & Marketing effective February 28, 2005. Stolz will oversee 125 sales and marketing employees in 20 states. In his new position, Stolz is responsible fo ... Continue reading

Ostara Reports Increased Revenue at uCoast.com

Ostara Reports Increased Revenue at uCoast.com

WERNERSVILLE, Pa.--March 30, 2005--Ostara Corporation (OTC:OTRC) is pleased to announce that revenues for it's uCoast.com online automobile classifieds have increased an average of 74% for the first two months of 2005 over the same period of 2004. The February 2005 net revenues from increased 10.2% over January 2005 ne ... Continue reading

PGA Tour Golfer Davis Love III Signs Three Year Deal With Acura

PGA Tour Golfer Davis Love III Signs Three Year Deal With Acura

TORRANCE, Calif., March 30 -- PGA tour golfer Davis Love III has signed a multi-year sponsorship deal with luxury automaker Acura. The sponsorship was announced at the Honda Classic PGA tournament held in Palm Beach Gardens, Florida. This is the first time Acura has endorsed a professional golfer and the first automoti ... Continue reading

Rent With Budget and Receive 'Easy Money'

Rent With Budget and Receive 'Easy Money'

New Budget Promotion Rewards Renters With a $15 Prepaid MasterCard(R) Gift Card PARSIPPANY, N.J., March 30 -- It's a great time to rent with Budget! Budget Rent A Car System, Inc. today announced the launch of "Easy Money." Now through May 15, 2005, customers who complete a qualifying weekly rental of five paid days or ... Continue reading

Standard Motor Products, Inc. Announces Fourth Quarter and Full Year 2004 Results

Standard Motor Products, Inc. Announces Fourth Quarter and Full Year 2004 Results

NEW YORK, March 30 -- Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, is scheduled to report its earnings for the three months and for the year ended December 31, 2004 on Thursday, March 31, 2005 before the opening of the stock market. Management will hold a conference call ... Continue reading

Tejas Securities Group, Inc. Releases a Research Report on American Axle & Manufacturing Holdings

Tejas Securities Group, Inc. Releases a Research Report on American Axle & Manufacturing Holdings

AUSTIN, Texas, March 30 -- Tejas Securities Group, Inc. released a research report today on American Axle & Manufacturing Holdings . Tejas Securities Group, Inc. is a full service brokerage and investment- banking firm based in Austin, Texas. Tejas is a wholly owned operating subsidiary of Tejas Incorporated (BULLETIN ... Continue reading

Transpro Opens State-of-the-Art Distribution Faciility; New Facility to Further Enhance Company's Commitment to Customer Service

Transpro Opens State-of-the-Art Distribution Faciility; New Facility to Further Enhance Company's Commitment to Customer Service

NEW HAVEN, Conn.--March 30, 2005--Transpro, Inc. (AMEX: TPR) today announced that the Company is opening a new distribution facility in Southaven, Mississippi in order to streamline its distribution network and enhance its commitment to customer service. As a result of the opening of the new facility, the Company will ... Continue reading

United Auto Workers-Ford to Hold Joint Conference in Pittsburgh

United Auto Workers-Ford to Hold Joint Conference in Pittsburgh

PITTSBURGH, March 30 -- Pittsburgh will be the host city for the United Auto Workers and Ford Motor Co.'s joint conference, which will bring approximately 1,700 union auto workers and Ford managers to Pittsburgh this summer. Allegheny County Chief Executive Dan Onorato announced the event during the Greater Pittsburgh ... Continue reading

United PanAm Financial Announces Fourth Quarter 2004 Results

United PanAm Financial Announces Fourth Quarter 2004 Results

NEWPORT BEACH, Calif.--March 30, 2005--United PanAm Financial Corp. today announced results for its fourth quarter ended December 31, 2004. For the quarter ended December 31, 2004, the Company reported net income from continuing operations of $5.4 million, equal to $0.30 per diluted share, a 135% increase compared to n ... Continue reading

MBAH Acquires Rent2Ride Nationwide and Street Eagle Motorcycle Rentals

MBAH Acquires Rent2Ride Nationwide and Street Eagle Motorcycle Rentals

SCOTTSDALE, Ariz.--March 30, 2005--MBA Holdings Inc. (OTCBB:MBAH), announced today the 100% acquisition of both Rent2Ride Nationwide (Rent2Ride, Inc.) and Street Eagle Motorcycle Rentals (Street Eagle, Inc.). The acquisition was completed on a cash basis. Cash terms of the purchase were not disclosed. Both companies ha ... Continue reading

Hawaii International Auto Show Features Virtually Emission-Free Autos

Hawaii International Auto Show Features Virtually Emission-Free Autos

99% Cleaner Vehicles Now Available to Consumers in Showrooms HONOLULU, March 30 -- Major automakers this week announced a landmark achievement that will help clean the air and protect the environment, as they introduced at the Hawaii International Auto Show a new generation of vehicles that are 99 percent cleaner than ... Continue reading

DaimlerChrysler Commits Over $70 Million to Fuel Cell Development in the U.S.

DaimlerChrysler Commits Over $70 Million to Fuel Cell Development in the U.S.

- The United States Department of Energy and DaimlerChrysler Work Together for Further Development of Fuel Cell Vehicles - DaimlerChrysler has More Fuel Cell Vehicles in the US than any Other Manufacturer - Vehicles are Part of the 100-Plus DaimlerChrysler Fuel Cell Worldwide Fleet WASHINGTON, March 30 -- DaimlerChrysl ... Continue reading

All-New 2006 Toyota Highlander Hybrid Hits a Grand Slam With SUV Utility

All-New 2006 Toyota Highlander Hybrid Hits a Grand Slam With SUV Utility

March 28, 2005 -- Torrance, CA -- Toyota will introduce the 2006 Highlander Hybrid gas/electric mid-size sport utility vehicle (SUV) ?e industryⳠfirst seven-passenger hybrid SUV ? June 2005. The Highlander Hybrid will join the popular Prius sedan, making Toyota the first brand to offer both a passenger car and a ... Continue reading

F1 Rival A1 Racing Series May Fail to Lure TV Networks, Ecclestone Says

F1 Rival A1 Racing Series May Fail to Lure TV Networks, Ecclestone Says

March 30, 2005; Alex Duff and Dan Baynes writing for Bloomberg reported that The A1 Grand Prix motor-racing series, whose backers include a member of Dubai's royal family and Real Madrid soccer player Ronaldo, may struggle to sell broadcast rights to major television networks, Formula One's rights manager Bernie Eccles ... Continue reading

Aimbridge Lending Expands Sales Force in Maryland and Virginia; Expanded Team of Indirect Lending Experts to Help Accommodate Rapid Growth in the Market

Aimbridge Lending Expands Sales Force in Maryland and Virginia; Expanded Team of Indirect Lending Experts to Help Accommodate Rapid Growth in the Market

DENVER--March 30, 2005--Aimbridge Lending, a provider of financial products through partnerships with credit unions, announced the addition of two members to the Maryland and Virginia Indirect Lending sales team, Chris Fanzo and David Strickland. Aimbridge Indirect Lending is the subsidiary financing channel of Aimbrid ... Continue reading

NACCO Materials Handling Group Gets Global Lift From AT&T Networking Solution

NACCO Materials Handling Group Gets Global Lift From AT&T Networking Solution

PORTLAND, Ore., March 30 -- AT&T today announced it has been awarded a three-year, $7.5 million networking and long distance phone service contract by NACCO Materials Handling Group Inc. (NMHG), a leading global manufacturer of lift trucks and associated products with a presence in over 200 countries across the globe. ... Continue reading

Hella Continues Support for Student Competition

Hella Continues Support for Student Competition

PLYMOUTH, Mich., March 30 -- Hella Electronics Corporation will continue its participation in the national Student Auto Skills Competition co-sponsored by Ford Motor Company and the Automobile Association of America (AAA) in 2005, according to Joe Borruso, president and CEO of Hella North America. Since 1991, Hella has ... Continue reading

Scandal-Tainted Japanese Automaker Mitsubishi Demands Damages From Former Executives

Scandal-Tainted Japanese Automaker Mitsubishi Demands Damages From Former Executives

TOKYO March 30, 2005; Yuri Kageyama writing for the AP reported that Japanese automaker Mitsubishi Motors Corp. said Wednesday it is demanding damages of up to 1.3 billion yen (US$12 million; euro9 million) from seven former executives for their responsibility in a recurring scandal over hidden auto defects. The penalt ... Continue reading

Ford Buys Indian Partner's Stake in U.S. Automaker's Subsidiary

Ford Buys Indian Partner's Stake in U.S. Automaker's Subsidiary

BANGALORE, India March 30, 2005; The AP reported that Ford Motor Co. has bought its Indian partner's stake in the U.S. automaking giant's local subsidiary, a company official said Wednesday. Ford has taken full control of Ford India after buying a 15.88 percent stake from local partner Mahindra & Mahindra Ltd., said Vi ... Continue reading

Timken Receives Vendor of the Year Award From Parts Plus

Timken Receives Vendor of the Year Award From Parts Plus

Second Consecutive Award CANTON, Ohio, March 30 -- Timken was recently awarded Vendor of the Year for Product Excellence by Parts Plus at its national convention in New Orleans. Timken provides a full line of automotive hub assemblies, bearings and seals to the North American aftermarket through the Parts Plus distribu ... Continue reading

ZAP Rolls out Newly Americanized SMARTCAR for Consumers and Industry Observers at Leading West Coast Auto Expo

ZAP Rolls out Newly Americanized SMARTCAR for Consumers and Industry Observers at Leading West Coast Auto Expo

SANTA ROSA, Calif.--March 30, 2005--ZAP (OTCBB:ZAPZ), pioneering the next generation of advanced transportation and energy technologies, will be displaying several models of its high-efficiency SMARTCAR vehicles at the 15th Annual Inland Empire Auto Show, one of the largest West Coast automobile shows, to be held at th ... Continue reading

Big Brotherish: DriveCam Illuminator Brightens In-Vehicle Video Recordings; Compact Infrared Lighting Device Now Available

Big Brotherish: DriveCam Illuminator Brightens In-Vehicle Video Recordings; Compact Infrared Lighting Device Now Available

SAN DIEGO--March 30, 2005--DriveCam Video Systems, the leader in knowledge-based systems that improve driving behavior, today announced the availability of the DriveCam Illuminator, a compact, infrared lighting device that brightens images captured by the dual-lens DriveCam video event recorder. The Illuminator ensures ... Continue reading

Strong Development in Diesel Technologies as Diesel Engines Increase Penetration in the European Market

Strong Development in Diesel Technologies as Diesel Engines Increase Penetration in the European Market

LONDON, March 30 -- Diesel engine technologies have registered tremendous growth in recent years, driven by the increasing market share enjoyed by Diesel engines in Europe. Modern Diesel engines are being compelled to comply with various emission regulations and performance requirements that are helping drive the evolu ... Continue reading

CarMax Reports Fourth Quarter and Fiscal Year 2005 Results; Releases Fiscal Year 2006 Expectations

CarMax Reports Fourth Quarter and Fiscal Year 2005 Results; Releases Fiscal Year 2006 Expectations

RICHMOND, Va., March 30 -- CarMax, Inc. today reported results for the fourth quarter and fiscal year ended February 28, 2005. * For the quarter, net earnings increased 32% to $29.7 million, or 28 cents per share, compared with $22.5 million, or 21 cents per share, reported in the fourth quarter of fiscal 2004. * For t ... Continue reading

European Market for Next-Generation Diesel Engine Technologies

European Market for Next-Generation Diesel Engine Technologies

PRESS RELEASE London, UK, 30 March 2005…Diesel engine technologies have registered tremendous growth in recent years, driven by the increasing market share enjoyed by Diesel engines in Europe. Modern Diesel engines are being compelled to comply with various emission regulations and performance requirements that a ... Continue reading

Auto Sales Sluggish, Should Climb in March

Auto Sales Sluggish, Should Climb in March

DETROIT March 29, 2005; Dee-Anne Durbin writing for the AP reported that higher consumer incentives and warmer weather likely lured consumers back to auto dealerships in March, but sales still are not on track to match last year's levels, analysts say. March sales are expected to be up from a disappointing February, wh ... Continue reading

FORD FAMILY OF BRANDS TO BE ON VIEW AT SHANGHAI

FORD FAMILY OF BRANDS TO BE ON VIEW AT SHANGHAI

SHANGHAI, China, March 29, 2005 -- Approximately 50 cars and trucks from across the Ford Motor Company family of brands will be on display at this year's Shanghai motor show, with executives from Ford, Jaguar, Land Rover, Mazda and Volvo also attending to discuss their brands and new products for the growing Chinese au ... Continue reading

Remarks by Ashok Goyal, Director, Product Development, Ford Asia Pacific Hiroshima, at the Alternative Fuels Seminar, 26th Bangkok International Motor Show.

Remarks by Ashok Goyal, Director, Product Development, Ford Asia Pacific Hiroshima, at the Alternative Fuels Seminar, 26th Bangkok International Motor Show.

Theme: Sustainable Mobility Opportunities for Thailand March 29, 2005; Good afternoon, ladies and gentlemen. Thank you for this opportunity to speak to you today about the sustainable mobility opportunity for Thailand. I would like to begin by reading out a very special message on the future of ethanol from Mr. Ford, t ... Continue reading

Suzuki Recalls 3,200 Cars in 3 Models in Japan

Suzuki Recalls 3,200 Cars in 3 Models in Japan

TOKYO March 30, 2005; Japan Today reported that Suzuki Motor Corp said Tuesday it will recall a total of 3,214 vehicles in three models for free repairs due to fears about problems with shifting gears or moving the car. Subject to the action are the Alto minivehicle, Wagon R and Carol cars manufactured between December ... Continue reading

Japan February Vehicle Output up 5%

Japan February Vehicle Output up 5%

TOKYO March 30, 2005: Japan Today reported that Production of cars, trucks and buses in Japan rose 5% in February from a year earlier to 959,388 units for the second straight monthly increase, as exports grew for the first time in three months, the Japan Automobile Manufacturers Association said Tuesday. Vehicle export ... Continue reading

FAW Mazda Motor Sales Co. Ltd. (FMSC) Holds Changchun, China Opening Ceremony and Announces Management Team

FAW Mazda Motor Sales Co. Ltd. (FMSC) Holds Changchun, China Opening Ceremony and Announces Management Team

Hiroshima, Japan, Mar 29, 2005; The JCN Newswire rported that FAW Mazda Motor Sales Co. Ltd (FMSC) held an opening ceremony in Changchun on March 28 and announced its management team. FMSC is the national sales company jointly established by Mazda Motor Corporation, First Auto Works (FAW) and FAW subsidiary FAW Car Co. ... Continue reading

Toyota Introduces Spring Traffic Safety Campaign

Toyota Introduces Spring Traffic Safety Campaign

Tokyo Mar 29, 2005; Dale Hug writing for JCNN reported that Toyota announced that a consotium, including 432 other companies such as vehicle dealers, logistics systems and forklift dealers, parts distributors and rental/lease dealers, will conduct the spring Toyota Traffic Safety Campaign from April 1 to 30, to coincid ... Continue reading

Reports Say GM China President Philip Murtaugh Quits

Reports Say GM China President Philip Murtaugh Quits

March 30, 2005; Tian Ying writing for Bloomberg reported that Philip Murtaugh, who set up General Motors Corp.'s most profitable overseas venture, quit as chairman of the company's China unit after less than five years in the job, according to four people familiar with his resignation. Murtaugh, 50, resigned for undisc ... Continue reading

BorgWarner Morse TEC Expands in Japan

BorgWarner Morse TEC Expands in Japan

AUBURN HILLS, Mich., March 29 -- BorgWarner Morse TEC has opened a facility in Aoyama, Japan as an extension of its operation in Nabari City, which is about 17 kilometers from the new location. The expansion reflects the growth of Morse TEC's engine timing systems business in Japan and the continuing trend of engine ti ... Continue reading

Craig Stanton Hopes for Home track Advantage at California Speedway

Craig Stanton Hopes for Home track Advantage at California Speedway

Craig Stanton Hopes for Home Track Advantage at California Speedway LONG BEACH, Calif., March 29, 2005 - Long Beach-resident Craig Stanton is eagerly anticipating his return to California Speedway in Sunday's Grand American 400. Stanton, who clinched the 2004 Grand-Am Cup Driver Championship at the Fontana-area track l ... Continue reading

Bristol Fast Facts

Bristol Fast Facts

SHANE HMIEL Bristol Motor Speedway Sponsor: WINFUEL Owner: Todd Braun Busch Crew Chief: Todd Lohse Busch Chassis: BR15 Nextel Cup Crew Chief: Frank Kerr Nextel Cup Chassis: BRNC001 Manufacturer: Chevrolet Engine Builder: Dale Earnhardt Inc. Shane Hmiel / Braun Racing Quick Facts: · - BR15 is the same car that Shane ... Continue reading

Two Detroit-Area Chrysler Group Plants to Receive Half-Billion Dollars in Upgrades

Two Detroit-Area Chrysler Group Plants to Receive Half-Billion Dollars in Upgrades

* Investment supports business model flexibility * Agreements demonstrate continued cooperation between company and United Auto Workers * State of Michigan, City of Sterling Heights show continued support STERLING HEIGHTS, Mich., March 22 -- The Chrysler Group today announced the investment of more than a half-billion ... Continue reading

Energy & Engine Technology Corporation Announces Attendance at 2005 Mid America Truck Show in Louisville, KY

Energy & Engine Technology Corporation Announces Attendance at 2005 Mid America Truck Show in Louisville, KY

PLANO, Texas, March 29 -- EENT (BULLETIN BOARD: EENT) announced today that it will be an exhibitor at this year's Mid America Truck Show in Louisville, KY from March 31 - April 2, 2005, in outside Booth 9055. At the Show, EENT will be showcasing its AXP 1000 product and its new split unit air conditioning and heating s ... Continue reading

NAPA Awards Crankshaft Business to Hi-Tech's Newest Venture

NAPA Awards Crankshaft Business to Hi-Tech's Newest Venture

SALT LAKE CITY, March 29 -- NAPA has chosen Hi-Tech's new Factory Engineering Group as their supplier of crankshafts and crankshaft kits nationwide. The Hi-Tech Blueprint series crankshaft is restored to the original factory blueprint specifications. "NAPA chose this premium quality level because of the needs expressed ... Continue reading

Airgo Tire Inflation System Has Broad Presence at Mid-America Truck Show 2005

Airgo Tire Inflation System Has Broad Presence at Mid-America Truck Show 2005

EDMOND, Okla.--March 29, 2005--Don't miss Airgo Systems, Inc., a manufacturer and distributor of commercial tire monitoring, maintenance, and inflation systems, and a member of the Dominion Group of Companies, at the 34th Annual Mid-America Trucking Show in Louisville, Kentucky, March 31 - April 2, 2005. The AIRGO Syst ... Continue reading

Harold Martin IHRA Pre Race Fact Sheet - San Antonio Edition

Harold Martin IHRA Pre Race Fact Sheet - San Antonio Edition

Contact: Jon G. Knapp TMG Sports Marketing Phone: (704) 662-3121 jgknapp@tmgsports.net Team ACDelco IHRA Pre-Race Fact Sheet Harold Martin, Owner/Driver ACDelco Pro Modified Pontiac Grand Am Event: Fourth Annual Amalie Oil Texas Nationals, the opening event in the 12-race, 2005 IHRA Hooters Drag Racing Series. Location ... Continue reading

Budget Offers Bargain One-Way Rates From Florida and Arizona

Budget Offers Bargain One-Way Rates From Florida and Arizona

Minivan Rates As Low As $14.95 Per Day in Florida PARSIPPANY, N.J., March 29 -- Looking to beat the Florida heat? Heading home to California? Attention drivers, Budget has the deal for you! Budget Rent A Car System, Inc. today announced special one-way rates from Florida to select locations in the continental United St ... Continue reading

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