INSERTING and REPLACING Nissan North America Drives into the 1,000,000 Club
GARDENA, Calif.--March 31, 2005--Insert after first graph of release: xxx "I've been a long time customer of Nissan," said Michelle Merson of Lexington Park, Maryland, the one-millionth customer who purchased her new 2005 Altima SE-R from Sheehy Nissan of Annapolis. "I previously owned a Maxima but sold it and switched ... Continue reading
MOPAR ANNOUNCES 2005 FORMULA D SERIES PLANS
NEWS RELEASE March 31, 2005 FOR IMMEDIATE RELEASE TEAM MOPAR CONTACT: Misha Geisert J.R. Thompson Company (317) 432-4110 MoparPR@aol.com MOPAR ANNOUNCES 2005 FORMULA D SERIES PLANS Center Line, Mich. - Mopar is pleased to announce that it has re-signed SCCA Formula D Series champion Samuel Hubinette for the 2005 season ... Continue reading
Alcoa Completes Acquisition of AFL Automotive Business
NEW YORK--March 31, 2005--Alcoa today announced that it has completed its previously announced (January 4, 2005) transaction with Fujikura, Ltd. of Japan in which Alcoa has obtained complete ownership of the AFL automotive business based in Detroit, and Fujikura has obtained complete ownership of the AFL telecommunicat ... Continue reading
Apogee Enterprises to Host Fourth Quarter Conference Call
MINNEAPOLIS--March 31, 2005--Apogee Enterprises, Inc. today announced that it will host a live conference call and real-time webcast to discuss the company's fourth quarter and fiscal 2005 full-year results and operations on Thursday, April 7, 2005 at 10 a.m. Central Time (11 a.m. Eastern Time). The call will last appr ... Continue reading
Avis Offers One-Way Rates As Low As $14.95
PARSIPPANY, N.J., March 31 -- Avis Rent A Car System, Inc. today announced special one-way rates for Florida and Arizona customers traveling to selected destinations in the United States. The offer, valid at participating locations through June 30, 2005, features a minivan rental from Florida for as little as $14.95 pe ... Continue reading
CarMax to Announce Growth in California
Painted L.A. Personality Cars Unveiled at Event WHAT CarMax, Inc., the nation's leading specialty retailer of used cars, will announce its growth in the Los Angeles area and the state of California on Friday, April 1, at noon. The retailer will make the announcement during a grand opening celebration event at its new I ... Continue reading
Delphi Secures $1.2 Billion in Global Steering Column Business in '04
Strong demand for energy absorbing steering columns brings 26 new programs to Delphi TROY, Mich., March 31 -- Delphi Corporation booked more than $1.2 billion in new steering column business globally last year, company officials said today. (Logo: http://www.newscom.com/cgi-bin/prnh/20020315/DEF002LOGO ) The new busine ... Continue reading
DURA Automotive Announces Refinancing Action to Further Enhance Liquidity
ROCHESTER HILLS, Mich.--March 31, 2005--DURA Automotive Systems, Inc. , today announced it intends to further enhance its liquidity by entering into new senior secured credit facilities with an aggregate borrowing capacity of approximately $290 million, consisting of a $175 million asset based revolving credit facility ... Continue reading
EXX INC Announces Delay in Filing Form 10K Report for the Fiscal Year Ended December 31, 2004
LAS VEGAS, March 31 -- EXX INC (AMEX:EXX-A) (AMEX:and) (AMEX:EXX-B) today announced that it filed a notice with the Securities and Exchange Commission to extend the time to file its Annual Report on Form 10K for the fiscal year ended December 31, 2004. In connection with the preparation of EXX's Annual Report on Form 1 ... Continue reading
Fitch: Annualized Net Losses on U.S. Prime Auto Loan ABS Improves 18.1% in February
NEW YORK--March 31, 2005--Annualized net losses (ANL) on prime auto loan asset-backed securities (ABS) dropped 18.1% in February to 1.08%, the lowest level since June of 2004, and 22.3% lower than February 2004, according to 'In the Auto ABS Driver's Seat,' a recently released Fitch Ratings newsletter. Performance is b ... Continue reading
Genuine Parts Company Announces 1st Quarter 2005 Earnings Release Date and Conference Call
ATLANTA--March 31, 2005--Genuine Parts Company plans to release First Quarter Earnings on April 15, 2005. Management will also conduct a conference call on this date at 11:00 a.m. Eastern daylight time. You are invited to join the call, which will be hosted by Chairman, President and CEO Tom Gallagher and CFO Jerry Nix ... Continue reading
Group 1 Automotive to Present at Sidoti Investor Forum
HOUSTON--March 31, 2005--Group 1 Automotive, Inc. , a Fortune 500 specialty retailer, announced that executive management will present at Sidoti & Company's Ninth Annual Emerging Growth Institutional Investor Forum on April 7, 2005. The presentation will cover Group 1's financial results and an overview of the company' ... Continue reading
WARRENVILLE, Ill.--March 31, 2005--Navistar International Corporation reported today that while its operating company currently is experiencing parts shortages that are creating additional inventory, the company believes, based upon recent discussions with suppliers, material constraints should not result in excessive ... Continue reading
State Farm(R), the American Red Cross and Tim McGraw Band Together to Raise Public Awareness of the Need for Blood Donations BLOOMINGTON, Ill., March 31 -- Grammy-winning music sensation Tim McGraw, State Farm and the American Red Cross are challenging neighbors across the country to give blood by making an appointment ... Continue reading
Ocean Bio-Chem Announces 2004 Year End Financial Results; Posts Record Revenues for 2004
FORT LAUDERDALE, Fla.--March 31, 2005--Ocean Bio-Chem, Inc. today reported net earnings for the calendar year ending December 31, 2004 of $ .02 per share or $134,554 versus $ .07 per share or $345,071 for the comparable 2003 year. Highlights: -- 2004 year revenues increased vs. 2003 approximately 9% to a record $24,361 ... Continue reading
SPRINGFIELD, Mo.--March 31, 2005--O'Reilly Automotive, Inc. (the "Company") plans to make a presentation at the Sidoti & Company Ninth Annual Emerging Growth Institutional Investor Forum on Wednesday, April 6, 2005, at 9:05 a.m. Eastern time. The slides to be used in this presentation will be available April 6, 2005, t ... Continue reading
WHAT: Press conference and ribbon cutting for Target America: Opening Eyes to the Damage Drugs Cause WHEN: Friday, April 1, 2005 - 8 a.m. Media, photographers, reporters 10 a.m. Ribbon cutting ceremony and press conference WHERE: The New Detroit Science Center, 5020 John R Street, Detroit WHO: Drug Enforcement Administ ... Continue reading
Tenneco Automotive First Quarter 2005 Earnings News Release and Conference Call Notice
LAKE FOREST, Ill., March 31 -- Tenneco Automotive plans to issue its first quarter 2005 earnings news release before the market opens on Thursday, April 21, 2005 and hold a conference call the same day at 10:30 a.m. EDT. The purpose of the call is to discuss the company's results of operations for the last fiscal quart ... Continue reading
COLUMBUS, Ind.--March 31, 2005--Cummins Inc. has driven down costs, improved the quality of its products and beefed up customer service by using Six Sigma quality improvement tools over the past five years. More than 3,000 projects have been completed since the program's inception, saving Cummins more than $600 million ... Continue reading
UGN, Inc. Names Myotte Director of Purchasing
CHICAGO, March 31 -- Ronald E. Myotte has been named director of purchasing for UGN, according to Peter Anthony, president and CEO. In his position, Myotte will use his 17 years of supply management experience to oversee all procurement activities and provide strategic commercial direction for the organization. Prior t ... Continue reading
UGN, Inc. Selects Tinley Park for New Headquarters
CHICAGO, March 31 -- UGN, Inc., a leading Tier 1 supplier of automotive acoustic, interior trim and thermal management products, today announced the company will be moving its corporate headquarters from Chicago to Tinley Park, Ill. The move is expected to take place in June 2005. "After conducting extensive research a ... Continue reading
Werner Enterprises Declares Regular Quarterly Dividend
OMAHA, Neb.--March 31, 2005--Werner Enterprises, Inc., announced today that its Board of Directors has declared a regular quarterly cash dividend of $.035 (3.5 cents) per common share payable to stockholders of record on April 18, 2005. This dividend will be paid on May 3, 2005. Werner Enterprises is currently in its n ... Continue reading
Mercedes-Benz Debuts iPod-Compatible Audio Books - Benefits NY Automotive High School
Narrations Provide Digital 'Walk-arounds' at Auto Shows and Dealerships NEW YORK, March 31 -- Mercedes-Benz USA (MBUSA) is testing their first iPod-compatible Audio Books at the New York Auto Show, open to the public March 25 - April 2, 2005 at the Jacob Javits Convention Center in Manhattan. Designed to brief potentia ... Continue reading
LOUISVILLE, Ky., March 31 -- Detroit Diesel Corporation (DDC) is demonstrating its commitment to delivering the most fuel efficient, versatile and durable diesel engines in the commercial vehicle market through enhancements to its Series 60(R) engine, additional ratings for its MBE 900 engine and the introduction of Re ... Continue reading
Affinia Announces Sale of Beck/Arnley
ANN ARBOR, Mich., March 31 -- Affinia Group Inc. today announced the sale of its subsidiary, Beck/Arnley Worldparts Corp., to Heritage Equity Group, Inc. Heritage is a privately held company funded entirely by private investors, and in part by Beck/Arnley management. "We are extremely proud to see the great potential t ... Continue reading
Chariot Announces Results for Daytona Bike Week
BARTOW, Fla., March 31 -- Chariot Manufacturing Company, Inc., wholly owned subsidiary of American Commerce Solutions, Inc. (BULLETIN BOARD: AACS) , has released interim results from this year's Daytona Bike Week. Steven D. Smith, President of Chariot, stated, "While we will be reaping the benefits from this year's Bik ... Continue reading
Cummins Integrated Engine and Particulate Filter Offers the Right Technology for EPA '07
COLUMBUS, Ind.--March 31, 2005--Cummins Inc. announces that it will meet the stringent U.S. Environmental Protection Agency (EPA) 2007 emissions standards for on-highway heavy-duty trucks by integrating the Cummins Particulate Filter with its current cooled-Exhaust Gas Recirculation (EGR) engine technology. "We said th ... Continue reading
Detroit Diesel Corporation Launches Enhanced 14-Liter Series 60(R) Engine
Truckers continue to choose flagship engine over others; retains leadership position in the industry LOUISVILLE, Ky., March 31 -- As the leading heavy-duty engine in the commercial vehicle market, Detroit Diesel Corporation's (DDC) Series 60 engine is known for its fuel efficiency, electronics and durability among truc ... Continue reading
Detroit Diesel Corporation Announces Engine Readiness for 2007 Emission Standards
LOUISVILLE, Ky., March 31 -- Detroit Diesel Corporation (DDC) today announced that its Series 60(R), MBE 900 and MBE 4000 engines are poised to meet the stringent standards set by the Environmental Protection Agency (EPA) for 2007 diesel exhaust emissions. EPA emission standards require that commercial heavy-duty diese ... Continue reading
CarMax, Pioneer of Used Car Superstores, Drives Into Los Angeles
RICHMOND, Va., March 31 -- The pioneer of the used car superstore concept and nation's leading specialty retailer of used cars, CarMax, Inc. today announced that it has launched a major initiative focused on the Los Angeles market, including: * The opening of two more stores in the market. With the opening of CarMax su ... Continue reading
COLUMBUS, Ind.--March 31, 2005--Cummins Inc. announces that it has successfully completed a high-mileage durability evaluation of its on-highway ISX engine used in North America. The results, based upon engines with almost 600,000 miles (965,607 km) of commercial service, confirmed company projections that the engines ... Continue reading
Nissan North America Drives into the 1,000,000 Club
GARDENA, Calif.--March 31, 2005--At 11:14 a.m. PST today, Nissan North America, Inc. (NNA) joined the exclusive "million" club by reporting 1,000,000 total fiscal year sales, making NNA one of only six automotive companies in automotive history to have sold 1 million vehicles in the U.S. within a 12 month period. This ... Continue reading
Saxon Motorcycle Launches All-New Retro-Modernistic Black Crown Model Line
CASA GRANDE, Ariz.--March 31, 2005--Saxon Motorcycle Co. today introduced its signature model, the Black Crown, designed by Gard Hollinger of LA County Choprods. The model features old school design elements, modern features and fully custom components unlike any other production motorcycle. "The Black Crown represents ... Continue reading
Standard Motor Products, Inc. Announces Fourth Quarter and Full Year 2004 Results
NEW YORK, March 31 -- Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, reported today its consolidated financial results for the three months and for the year ended December 31, 2004. Consolidated net sales for the fourth quarter of 2004 were $181 million, compared to consol ... Continue reading
Fleetwood Announces Senior Management Change
RIVERSIDE, Calif., March 31 -- Fleetwood Enterprises, Inc. announced today that Roger L. Howsmon, formerly executive vice president of the Housing Group, is no longer with the Company. Fleetwood will immediately begin a search for his replacement and anticipates that the position will be filled within a matter of weeks ... Continue reading
New DVD Class Pack Extends Show's Reach in the Classroom DALLAS, March 31 -- Mothers Against Drunk Driving (MADD) and National Presenting Sponsor DaimlerChrysler's Road Ready Teens(TM) program are proud to present Backstage Pass, a dynamic multimedia school assembly show that uses teen TV and movie idols, hip music, vi ... Continue reading
TORRANCE, Calif., March 31 -- Toyota Motor Sales (TMS) USA, Inc. today announced executive promotions and development moves in various headquarters organizations as well as Toyota and Lexus field sales offices. The changes follow previously announced top-management appointments overseeing TMS' automotive operations and ... Continue reading
2004-2005 Toyota Tundra Recall
Toyota Motor Corp. Said that it was recalling 5,726 of its full-size Tundra pickup trucks from the 2004-2005 model years. Vehicles affected are equipped with optional dual exhaust and vehicle stability control systems, NHTSA said. It said one of the exhaust pipes could rub up against a brake line, possibly cause brake ... Continue reading
Latest NHTSA Recalls Including Hyundai, Toyota , Kia, Mack, Autocar, Polaris, and Others
Report Date : March 31, 2005 at 12:21 PM New Information Added Since : March 21, 2005 Make / Models : Model/Build Years: PREVOST / XLII 2005 Manufacturer : PREVOST CARS, INC. NHTSA CAMPAIGN ID Number : 05V087000 Recall Date : MAR 21, 2005 Component: POWER TRAIN:AXLE ASSEMBLY Potential Number Of Units Affected : 200 Sum ... Continue reading
Hyundai, Kia USA Recalls 30,000 SUVs
DETROIT, March 31, 2005; Reuters reported that Hyundai Motor Co. Ltd. and Kia Motors Corp. (00270.KS: Quote, Profile, Research) are recalling more than 38,000 sport utility vehicles on the U.S. market because of a problem with their electronic stability program, or anti-rollover devices, federal safety regulators said ... Continue reading
General Motors nombra nuevo director del grupo GM China
SHANGHAI, China, March 31 -- General Motors ha anunciado hoy que Kevin E. Wale, vicepresidente de GM Europe, presidente de Vauxhall Motor Co. y delegado de operaciones de GM en Reino Unido, ha sido nombrado el nuevo presidente y director gerente del grupo GM China. Wale sustituye a Phil Murtaugh, que dimitió de su pue ... Continue reading
Bombardier Announces Financial Results for the Fourth Quarter and the Year Ended Jan. 31, 2005
MONTREAL--March 31, 2005--Bombardier Inc.(TSX:BBD.MV.A) (TSX:BBD.SV.B): -- Consolidated revenues of $4.8 billion for the fourth quarter; $15.8 billion for fiscal year 2005 -- Good free cash flow performance with $388 million, $1.1 billion improvement over last year -- Strong recovery in the business jet market, net ord ... Continue reading
Championship Auto Racing Teams, Inc. Delays 10-K Filing
INDIANAPOLIS, March 31 -- Championship Auto Racing Teams, Inc. ("Championship" or "Company") (Pink Sheets: CPNT.PK) announced today that it will be unable to file its 2004 Annual Report on Form 10-K with the U.S. Securities and Exchange Commission (SEC) by the deadline of March 31, 2005. The Company filed a Form 12b-25 ... Continue reading
NEW YORK & TUNBRIDGE WELLS, U.K.--March 31, 2005--Auto Data Network Inc. (Pink Sheets: ADNW), a provider of software and real-time data services to the worldwide automotive industry, today announced that it has deployed its OpenWebs(TM) Commerce Server and Trading Network technology for New England-based Sullivan Tire ... Continue reading
GenCorp Reports 2005 First Quarter Results
SACRAMENTO, Calif., March 31 -- GenCorp Inc. today reported results for the first quarter ended February 28, 2005. First Quarter 2005 Highlights -- Aerospace and Defense sales rise 24% -- Processing of entitlements on 5,800 acres proceeds according to previously announced timing -- A major recapitalization of the Compa ... Continue reading
Honeywell Completes Acquisition of Novar plc; Final Clearance from European Commission Confirmed
MORRIS TOWNSHIP, N.J.--March 31, 2005--Honeywell today confirmed that it has received final clearance from the European Commission to acquire the entire ordinary and preference share capital of Novar plc. Honeywell declared its Offers wholly unconditional and has assumed control of Novar plc. Novar's core divisions are ... Continue reading
Michigan DEQ and Automakers Implement Mercury Switch Recovery Program
WASHINGTON, March 31 -- The Alliance of Automobile Manufacturers has joined with the Michigan Department of Environmental Quality (MDEQ) to launch a landmark statewide mercury switch collection program for end-of-life vehicles. The purpose of the program is to collect and recycle mercury-containing switches found in ol ... Continue reading
NeoMedia Micro Paint Extends National Reach Through Agreement with Restex, Inc.
FT. MYERS, Fla.--March 31, 2005--NeoMedia Technologies, Inc. (OTC BB: NEOM), announced today that its NeoMedia Micro Paint business unit has signed a national marketing and sales agreement with Restex, Inc., of Dallas, a provider of products to automobile dealerships. Charles T. Jensen, president and CEO of NeoMedia, s ... Continue reading
PPG's LeBoeuf Announces Retirement Plans; Bunch Elected CEO
PITTSBURGH--March 31, 2005--Raymond W. LeBoeuf, 58, chairman and chief executive officer of PPG Industries , today announced he will retire July 1 after nearly 25 years with the company and eight years as its chairman and CEO. As part of PPG's succession plan, the board of directors today elected Charles E. Bunch, 55, ... Continue reading
Detroit Latest Stop on Nationwide Tour to Promote Agreement DETROIT, March 31 -- Morocco's Minister of National Economy Rachid Talbi El Alami, Moroccan Ambassador to the United States Aziz Mekouar, and other members of their delegation met today with Detroit executives representing major companies in business -- partic ... Continue reading
Timken Raises Earnings Outlook; Company to Announce Quarterly Results April 19
CANTON, Ohio, March 31 -- The Timken Company today announced increased earnings expectations for the first quarter and full year, based on strong industrial market demand, price increases, raw material surcharges and increased productivity. The company estimates earnings per diluted share of $0.57 to $0.62 for the firs ... Continue reading
HARRISBURG, Pa.--March 31, 2005-- Move Makes TransCore the Only Company to Combine These Disparate Logistics Systems into a Single Product TransCore's CarrierPoint(R) Web-based transportation management system (TMS) is now integrated directly with TransCore's flagship DAT(R) freight match products, enabling shippers an ... Continue reading
Most Fuel Efficient Cars That Lease the Best
LeaseCompare.com Rates the Most Fuel Efficient Cars That Lease the Best CINCINNATI--March 31, 2005--Automobile Consumer Services, Inc. (ACS), the leader in online direct-to-consumer auto leasing, released ratings for the most fuel efficient vehicles to lease using data from its popular www.LeaseCompare.com website. The ... Continue reading
Mercedes-Benz Recalls 1.3 Milion Cars with Faulty Alternators and Batteries
FRANKFURT, March 31, 2005; Reuters reported that U.S.-German carmaker DaimlerChrysler is recalling 1.3 million Mercedes cars of several model ranges worldwide to fix problems with alternators and batteries, it said in a statement on Thursday. On vehicles with six and eight-cylinder petrol engines built between June 200 ... Continue reading
NowAuto the Largest Independent Auto Dealer in Arizona
SCOTTSDALE, Ariz., March 31 -- NowAuto, Inc. today announced it has signed the purchase agreement to acquire Sunburst Car Company, Arizona's largest independent used car dealership. NowAuto's acquisition is an all-cash transaction. Sunburst expects annual sales in excess of $16 million in 2005 and being accretive to No ... Continue reading
Head of Mercedes-Benz Eckhard Cordes: 'A Systematic Approach To Quality'
MONTVALE, N.J., March 31 -- With a worldwide recall Mercedes-Benz is improving the quality of passenger cars already in the field. With this measure the head of Mercedes-Benz, Dr. Eckhard Cordes, is adding emphasis to his quality initiative: "We are now producing the best product quality ever and our aim is to ensure t ... Continue reading
SMSC Adds Blue-Chip Automotive Customer Base for Infotainment Networking Applications
HAUPPAUGE, N.Y.--March 31, 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, announces the acquisition of OASIS SiliconSystems Holding AG (OASIS), a leader in the d ... Continue reading
General Motors Names New GM China Group Leader
SHANGHAI, China, March 31 -- General Motors today announced that Kevin E. Wale, GM Europe Vice President, and Chairman of Vauxhall Motor Co. and GM's UK Operations, has been named the new President and Managing Director of the GM China Group. Wale replaces Phil Murtaugh, who resigned from GM. "Kevin has a proven track ... Continue reading
General Motors, DaimlerChrysler Sign Deals to Develop Fuel Cell Vehicles With Energy Dept.
WASHINGTON March 30, 2005; Ken Thomas writing for the AP reported that General Motors Corp. and DaimlerChrysler AG have signed agreements with the U.S. Department of Energy to develop hydrogen fuel cell vehicles over the next five years, the automakers said Wednesday. GM, the world's largest automaker, plans to build a ... Continue reading
Hallmark Financial Services, Inc. Fourth Quarter and Year 2004 Earnings Results
FORT WORTH, Texas, March 30 -- Hallmark Financial Services, Inc. (AMEX:HAF.EC) today reported operating results for the fourth quarter and year ended December 31, 2004. Net income for the quarter ended December 31, 2004 was $1.4 million as compared to a net loss of $0.4 million for the same period in 2003. Income befor ... Continue reading
Autosport Development St. Pete Preview
FOR IMMEDIATE RELEASE Contact: John Thawley 248.227.0110 johnt@c2group.com Autosport Development St. Petersburg Race Preview Hayner Ready to take it to the streets in the GMAC / Trenton Forging #5 GTO Detroit – March 30, 2005 When the SCCA Pro Racing SPEED World Challenge GT cars take to the St. Pete streets at 8 ... Continue reading
ArvinMeritor Pursues First Unique, Specialty Vehicle Drivetrain Development with Unicell Ltd.
Expanding the Company's Horizons into Alternative-Fueled Vehicles LOUISVILLE, Ky., March 30 -- ArvinMeritor Inc. has entered into a new alternative-power vehicle development program -- with an electric drivetrain -- with Unicell Ltd., a medium-duty body builder with operations in Toronto, Ontario, and Buffalo, N.Y. The ... Continue reading
PHOENIX--March 30, 2005--On Wednesday, March 30, 2005, CSK Auto Corporation announced that it will postpone the release of its fourth quarter and year-end 2004 financial results. "Due to our review of our lease accounting practices, as well as other matters including a potential voluntary change of inventory accounting ... Continue reading
Letter from president of NSRA --racing
March 24, 2005 To the Editor: The Northwest Sprintcar Racing Association (NSRA) Board of Directors and I are disappointed that race terms could not be agreed upon with Mission Valley Auto Racers Association (MVARA) managers of the Mission Valley Speedway (MVS). The NSRA has enjoyed the warmth, hospitality, and the enth ... Continue reading
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