ADP Dealer Services Receives Prestigious SSPA STAR Award for Best Practices in Support Technology
ADP Presented With SSPA Honor for Second Year in a Row HOFFMAN ESTATES, Ill., April 5 -- Annually recognizing the Best Practices of select technology companies across all industries that result in the highest level of customer satisfaction, the Service & Support Professionals Association (SSPA) recently presented ADP D ... Continue reading
Racing Fans Can Win TripRewards Points on Super8.com
PARSIPPANY, N.J., April 5 -- During the next nine weeks, fans of stock-car racing can win TripRewards points weekly on Super8.com for correctly guessing the winners of cup races. To participate, consumers must be TripRewards members and vote online at Super8. Consumers can register for free membership in TripRewards, t ... Continue reading
Research and Markets: Study This Definitive Guide to the World of Automotive Transmissions
DUBLIN, Ireland, April 5 -- Research and Markets (http://www.researchandmarkets.com/reports/c15170) has announced the addition of A Global Market Review of Automotive Transmissions - Forecasts to 2012, 3rd edition to their offering. (Logo: http://www.newscom.com/cgi-bin/prnh/20040820/RESEARCH ) This 3rd edition is the ... Continue reading
RT-LAB Pentium-M-Based Real-Time Simulator for Embedded Systems Development
PARIS, April 5 -- Opal-RT Technologies Inc. (http://www.opal-rt.com/ ), the world leader in distributed real-time simulation on PC-based platforms, today announced a new range of small but powerful Pentium-M-based RT-LAB real-time simulators for rapid control prototyping and Hardware-in-the-loop capable of simulating t ... Continue reading
AmeriCredit Announces $750 Million Senior Subordinate Asset-Backed Securitization
FORT WORTH, Texas--April 5, 2005--AmeriCredit Corp. announced today the pricing of a $750 million offering of automobile receivables-backed securities through lead managers Credit Suisse First Boston and Deutsche Bank Securities. Co-managers are Barclays Capital, JPMorgan and Wachovia Securities. AmeriCredit uses net p ... Continue reading
ArvinMeritor Hosts Conference Call and Web Cast to Discuss FY2005 Second-Quarter Earnings
TROY, Mich., April 5 -- ArvinMeritor, Inc. will host a telephone conference call and Web cast to discuss the company's fiscal year 2005 second-quarter financial results on Tuesday, May 3, 2005, at 9:00 a.m. (ET). (Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO ) To participate, call 617-786-4511 ten minut ... Continue reading
RADNOR, Pa., April 5 -- The following statement was issued today by the law firm of Schiffrin & Barroway, LLP: Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Eastern District of Michigan on behalf of all securities purchasers of Collins & Aikman Corp. ("Collins ... Continue reading
Raytech Corporation Announces Preliminary Results for the Year Ended January 2, 2005
SHELTON, Conn.--April 5, 2005--Raytech Corporation today announced that it will be filing a notification of late filing related to its annual report on Form 10-K for the year ended January 2, 2005. The Company is finalizing its accounting for, and disclosures relating to, impairment charges and restructuring charges ar ... Continue reading
Fleetwood Reports Plan to Sell Housing Retail and Finance Businesses
Fleetwood Retail Corp. and HomeOne Credit Corp. Expected to Be Sold Within One Year RIVERSIDE, Calif., April 5 -- Fleetwood Enterprises, Inc. , one of the nation's leading manufacturers of recreational vehicles and manufactured housing, today announced that its Board of Directors has authorized management to sell the m ... Continue reading
Dealix Corporation Ranked #1 New Car Lead Provider by Ward's
Holds Leadership Position Among Top 100 U.S. Internet Dealers REDWOOD CITY, Calif., April 5 -- Dealix Corporation, the market expert and leader in automotive Internet marketing services and a division of The Cobalt Group, Inc., announced today that Ward's Dealer Business, a world leader in automotive information, named ... Continue reading
OOH RAH - Toyota Sponsors 'Rockin' the Corps' Thank You Concert for Troops and Their Families
CAMP PENDLETON, Calif., April 5 -- Toyota Motor Sales, U.S.A., Inc., joined the nonprofit organization Support the Corps and a plethora of celebrity musicians and actors at "Rockin' the Corps," an American Thank You concert to the men and women of the United States Marine Corps and their families. "Toyota is proud to s ... Continue reading
Current and Former Champ Car World Series Champions to Visit Los Angeles Ronald McDonald House
WHAT: Four current and former Champ Car World Series Champions from the Newman/Haas Racing team will visit resident children at the Los Angeles Ronald McDonald House(R) (LARMH) in honor of McDonald's(R) 50th Anniversary. McDonald's is the official fast food sponsor of the Champ Car World Series. The drivers will enjoy ... Continue reading
Hyundai Motor America Announces Promotions of Top Executives
FOUNTAIN VALLEY, Calif., April 5 -- Hyundai Motor America (HMA) President and CEO, Robert F. Cosmai, has announced the promotions of several key executives. The promotions include Katherine Parker to vice president, Human Resources and Community Affairs; Chris Hosford to vice president, Corporate Communications; Ron Ha ... Continue reading
Big Three Automakers Lowered Incentives but Asian Brands Raised Them in March
DETROIT April 5, 2005; Dee-Ann Durbin writing for the AP reported that the traditional Big Three automakers eased off incentive spending in March, counting on new vehicles to lure customers to dealerships. But that likely will change in the coming months, especially if Asian automakers continue to boost incentives and ... Continue reading
NASCAR: Kyle Petty Transcript from Dodge Teleconference
Tuesday, April 5, 2005 Ray Cooper Dodge Motorsports Teleconference Clear!Blue Bristol Recap, Martinsville Advance 704-975-3232 KYLE PETTY (No. 45 Georgia-Pacific/Brawny Dodge Charger) YOU GOT YOUR TOP 10 AT BRISTOL. WHEN CAN YOU WIN? "This is Nextel Cup racing, and nothing surprises you any more in Cup races. If we won ... Continue reading
SANTA MONICA, Calif., April 5 -- Car dealers equipped with the most modern technology are likely to be the best places for Internet users to buy their cars, according to Edmunds.com, the premier online resource for automotive information. (Logo: http://www.newscom.com/cgi-bin/prnh/20031009/LATH011ALOGO) "Dealerships th ... Continue reading
New Technology to Lessen Impact of Cars Upon The Environment
CAMBRIDGE, England, April 5 -- New surface treatment technology developed by Keronite Ltd, the Cambridge-based technology company, is set to make a significant contribution to efforts to reduce the impact of cars on the environment. The Keronite process enables car manufacturers to use lighter metals in their vehicles ... Continue reading
WASHINGTON--April 5, 2005--The US Fuel Cell Council (USFCC) has teamed up with the California Fuel Cell Partnership to host the Fuel Cell & Hydrogen Pavilion at the 2005 World Congress of the Society of Automotive Engineers (SAE). The Fuel Cell & Hydrogen Pavilion will showcase fuel cell cars and technologies from seve ... Continue reading
Research and Markets: What Does 2005 Hold for Global Automotive Industry?
DUBLIN, Ireland, April 5 -- Research and Markets (http://www.researchandmarkets.com/reports/c14995) has announced the addition of Outlook For The Automotive Industry In 2005: Management Briefing to their offering. (Logo: http://www.newscom.com/cgi-bin/prnh/20040820/RESEARCH ) This management briefing takes a look at pr ... Continue reading
Details of Ford's Proxy Statement Release
Ford Motor Company will file its 2004 proxy materials with the Securities and Exchange Commission on Wednesday, April 6. Reporters are invited to come to the Ford World Headquarters Media Center at 9:30 a.m. ET, Wednesday, April 6, to pick up copies of the proxy statement and the 2004 Annual Report. Ford representative ... Continue reading
Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, Ind.--April 5, 2005--The Board of Directors of Cummins Inc. today declared a quarterly common stock cash dividend of 30 cents per share, payable on June 1, 2005 to shareholders of record on May 17, 2005. Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufac ... Continue reading
Snides Remarks; If you can eliminate 1000 workers and still fulfil your business' mission, why did you hire them in the first place? When biz gets good again will they be hired back? Is this all just bull for Wall Street? Please let me know msnide@theautochannel.com. DETROIT April 5, 2005; Reuters reported that Ford sa ... Continue reading
AssuranceAmerica Corporation Announces the New Chief Financial Officer/Senior Vice President
ATLANTA--March 23, 2005--Atlanta based AssuranceAmerica Corporation (OTC BB: ASAM.OB), announced today it has hired Renee Pinczes as the new Senior Vice President and Chief Financial Officer effective March 21, 2005. Renee Pinczes was the Corporate Financial Officer at Consolidated International Insurance Group in the ... Continue reading
Chrysler Group Names Key Suppliers to Belvidere Assembly Plant
- New partners will add 550 new jobs to the Belvidere region - Substantial investments in additional facilities - Improved flexibility for Daimler Chrysler's Assembly Plant AUBURN HILLS, Mich., March 23 -- DaimlerChrysler Corp. today announced key suppliers to its Belvidere (Ill.) Assembly Plant. The eight suppliers wi ... Continue reading
Maxwell Technologies Files Annual Report on Form 10-K
SAN DIEGO, March 23 -- Maxwell Technologies, Inc. filed its Annual Report on Form 10-K with the Securities and Exchange Commission today. The company filed last week for a 15-day extension of the March 16 deadline to provide sufficient time to complete restatement of its consolidated financial statements for fiscal yea ... Continue reading
AK Steel Receives Dual Supplier Awards From Toyota For 11th Consecutive Year
MIDDLETOWN, Ohio, March 24 -- AK Steel has once again earned dual supplier awards from Toyota Motor Manufacturing North America, Inc. The awards for 2004 performance, Superior in Quality and Superior in Delivery, were presented Wednesday at Toyota's annual Supplier Business Meeting and Awards Ceremony held in Covington ... Continue reading
Asbury Automotive Group Announces New Credit Facility
NEW YORK, March 24 -- Asbury Automotive Group , one of the largest automotive retail and service companies in the U.S., announced today that it closed an $800 million senior secured credit facility with a syndicate of banks and other financial institutions led by J.P. Morgan Securities and Bank of America. The new faci ... Continue reading
CSM Worldwide Appoints Robert J. Swistock as CFO
FARMINGTON HILLS, Mich., March 24 -- Automotive market forecasting firm CSM Worldwide has named Robert J. Swistock as its chief financial officer, according to Katie Cather, chairman. Swistock is responsible for CSM's global finance, accounting, financial controls and tax functions. Swistock brings a strong financial b ... Continue reading
Drew Industries Executive Enters RV/MH Heritage Foundation's Hall of Fame
WHITE PLAINS, N.Y., March 24 -- Drew Industries Incorporated , a leading supplier of components for recreational vehicles ("RV") and manufactured housing ("MH"), today announced that David L. Webster, Chairman, President and CEO of Drew's Kinro Inc. subsidiary, was elected to the RV/MH Heritage Foundation's Hall of Fam ... Continue reading
FEV to Host SAE 2005 Technology Innovation Forum
DETROIT, March 24 -- FEV, a globally recognized, independent powertrain design and development company, will host the 2005 Technology Innovation Forum sessions at SAE 2005 from April 11-14 at Detroit's Cobo Center. This year's FEV Technology Innovation Forum will feature eight sessions over four days devoted to high-pe ... Continue reading
Ford Names David G. Leitch as General Counsel
* Former White House Deputy Counsel David G. Leitch named Ford Motor Company general counsel and senior vice president, effective April 1. * Dennis Ross to retire June 1. DEARBORN, Mich., March 24 -- Ford Motor Company today announced it has appointed David G. Leitch as its general counsel and a senior vice president o ... Continue reading
Goodyear Fortera Tires Selected for New Jeep Commander
AKRON, Ohio, March 24 -- The much-anticipated 2006 Jeep Commander, the first Jeep model with three rows of seats, will be rolling exclusively on Goodyear Fortera tires when it hits dealer showrooms later this year. (Logo: http://www.newscom.com/cgi-bin/prnh/20050204/GTLOGO ) The new model is positioned as the first sev ... Continue reading
Hometown Auto Retailers Announces 2004 Annual Results
WATERBURY, Conn.--March 24, 2005--Hometown Auto Retailers Inc. (OTC BB: HCAR) today announced its audited financial results for the year ended Dec. 31, 2004. Hometown reported revenues of $265.3 million in 2004 versus revenues of $279.8 million in 2003, a decrease of 5.2 percent. Gross profit was $38.0 million for 2004 ... Continue reading
Toyota Motor Sales, USA Announces Top Management Changes
TORRANCE, Calif., March 24 -- Toyota Motor Sales (TMS) USA, Inc. announced top management changes today, including executive positions overseeing automotive operations and the Toyota and Lexus divisions. The moves further prepare TMS leadership for the competitive future of the U.S. auto market and solidify longer-term ... Continue reading
HACKENSACK, N.J., March 24 -- I.D. Systems, Inc. announced today that the Transportation Security Administration (TSA) has funded a Phase II expansion of the company's wireless vehicle security program at JAXPORT, the Jacksonville, Florida, seaport. Under the expansion, which supplements a contract awarded in July 2004 ... Continue reading
TriMas Corporation Appoints Joshua Sherbin as General Counsel
BLOOMFIELD HILLS, Mich., March 24 -- TriMas Corporation -- a diversified growth company of high-end, specialty niche businesses manufacturing a variety of products for commercial, industrial and consumer markets worldwide -- announced today that it recently appointed Joshua A. Sherbin as general counsel. Based at the c ... Continue reading
Universal Automotive to Seek Buyer; Appoints Chief Restructuring Officer; Announces Financing Issues
ALSIP, Ill., March 24 -- Universal Automotive Industries, Inc. today announced that it will seek a buyer for all or portions of its business. The Company will maintain its ongoing operations and will continue its efforts to obtain additional debt or equity capital. The Company also announced that it has appointed David ... Continue reading
Diageo and Kurt Busch: Kids and Alcohol Don't Mix
Diageo Donates Space on Kurt Busch's No. 97 Nextel Cup Car to Century Council's 'Ask, Listen Learn: Kids and Alcohol Don't Mix' Program NORWALK, Conn., March 31 -- Nextel Cup Champion Kurt Busch will carry a special message on the No. 97 Sharpie Retractable "Autographs for Education" Ford during this weekend's Food Cit ... Continue reading
Autosport Development Friday Practice Report
FOR IMMEDIATE RELEASE Contact: John Thawley 248.227.0110 johnt@c2group.com Autosport Development GMAC / Trenton Forging #5 GTO Practice Report First day of practice shows solid improvements with lap times on the way down St. Petersburg, Fla. – April 1 2005 Autosport Development driver, Stu Hayner [GMAC Commercial Fin ... Continue reading
fast start Krohn Racing/TRG newcomer Christian Fittipaldi posted the fastest time on track during opening-day practice for the Rolex Sports Car Series race at California Speedway, with a lap of one minute 34.249 seconds on the 2.88-mile infield road course. Fittipaldi drove the No. 66 Krohn/TRG Pontiac-powered Riley fo ... Continue reading
Alcan opens automotive aluminum structures fabricating plant to better serve customers
MONTREAL, April 4 -- Alcan Inc. (NYSE, TSX: AL) announced today the opening of its automotive bumper fabricating plant in Saguenay, Quebec to better serve customers needs and promote industrial diversification in the region. Representatives from federal and provincial governments, municipal authorities, as well as the ... Continue reading
GEICO Opens New Jersey Claims Center in Marlton, N.J.
WASHINGTON, April 5 -- GEICO officially announced this morning the opening of its New Jersey Claims Center at 8000 Lincoln Drive East in Marlton, N.J. The center will be housed on the third floor of the Brandywine Realty Trust property and includes 18,000 square feet of space, two training areas, and room for expansion ... Continue reading
International Speedway to Host First Quarter Earnings Conference Call
DAYTONA BEACH, Fla., April 5 -- International Speedway Corporation (BULLETIN BOARD: ISCB) ("ISC") will host a conference call to discuss the Company's fiscal 2005 first quarter earnings on Tuesday, April 5, 2005 at 9:00 a.m. Eastern Time. To participate, dial (973) 582-2710 five to ten minutes prior to the scheduled st ... Continue reading
Simrit Xpress(TM) Process Now Offers More Sizes for Fluid Power and Prototype Designs
Technology Specialist adds additional features to help fit customers' needs PLYMOUTH, Mich., April 5 -- Simrit -- the industrial products division of Plymouth, Mich.-based Freudenberg-NOK -- today announced the addition of a 30-inch computer numeric control (CNC) lathe to its Simrit Xpress(TM) technology. With the new ... Continue reading
Speedteq-Ti Enters The Formula One Industry
PHOENIX--April 5, 2005--Speedteq-Ti, Inc. (SDTQ), an innovator in titanium fasteners and other state of the art Titanium products, has started work on prototype titanium fasteners and other products for several Formula One "F1" Teams and their First Tier Suppliers in Europe. Speedteq-Ti CEO, Bradley Miller, introduced ... Continue reading
SAN ANTONIO--April 5, 2005--XPEL Technologies Corp. (CNQ:XPEL.U) announced today that its Distributor, Paintshield, Ltd. of the United Kingdom has become the authorized provider of X-Pel(TM) Paint Protection Products to original equipment manufacturer TVR (www.tvr-eng.co.uk), and will be installing X-Pel(TM) products f ... Continue reading
TRW Wins World Traffic Safety Symposium Award
LIVONIA, Mich., April 5 -- TRW Automotive Holdings Corp. today was recognized for its efforts to advance traffic safety at the 2005 World Traffic Safety Symposium, which was held in conjunction with the New York International Automobile Show in New York City. TRW earned a Traffic Safety Achievement Award in the Supplie ... Continue reading
International Speedway Reports Record Results for the First Quarter of Fiscal 2005
~First Quarter Revenue and Earnings Increase 37% and 48%, Respectively, Over 2004~ ~Company Raises Second Quarter and Full Year Fiscal 2005 Guidance~ DAYTONA BEACH, Fla., April 5 -- International Speedway Corporation (BULLETIN BOARD: ISCB) ("ISC") today reported record results for the first quarter ended February 28, 2 ... Continue reading
'Rolling Access' Enhances Security While Improving Convenience and Efficiency; Utilization Ranges from HAZMAT Trucks to Country Club Access DALLAS, April 5 -- AXCESS International Inc. (OTCBB: AXSI.OB), a leading provider of Active Radio Frequency Identification (RFID) systems today announced it will demonstrate the Ac ... Continue reading
Delphi Hits 5 Millionth Satellite Radio Milestone
More people listen to satellite radio on Delphi hardware than on any other brand; Success validates growth strategy TROY, Mich., April 5 -- Delphi Corp. announced today it has sold 5 million satellite radio receivers to retail and automotive customers. The company is the first satellite hardware manufacturer to achieve ... Continue reading
Juvenile Offenders Create Art Car For Charity
ArtCarTraz To Ride in 17th Annual Art Car Parade in Houston, TX on May 14 New York, NY (April 5, 2005) - In an unprecedented initiative, juvenile offenders across 3 states will work together to design and create a traveling work of art for charity. ArtCarTraz is an art car piece that will kick-off at the Alabama Depart ... Continue reading
Amerigon Climate Control Seat System Selected to Be Offered as Option in All-New 2006 Buick Lucerne
New Entry-Luxury Sedan Introduced at Recent Chicago Auto Show DEARBORN, Mich., April 5 -- Amerigon Incorporated today announced that its proprietary Climate Control Seat(TM) (CCS(TM)) system has been selected as an option on the brand new 2006 Buick Lucerne, Buick's entry luxury sedan scheduled to be in showrooms this ... Continue reading
BorgWarner Supplies Chain Timing System to New, More Powerful DCX Hemi
AUBURN HILLS, Mich., April 5 -- BorgWarner supplies the engine chain timing system to the powerful new DaimlerChrysler 6.1-liter V-8 HEMI engine -- a 425-horsepower engine with the highest specific output of any V-8 engine ever offered by the Chrysler Group. It debuts this spring on the 2005 Chrysler 300 C SRT8. "The H ... Continue reading
SmarTire offered on Western RV's Alpine Coach line
SmarTire's active tire monitoring system now available on luxury line of motorhomes RICHMOND, BC, April 5 -- SmarTire Systems Inc. (OTCBB: SMTR) today announced that Western Recreational Vehicles Inc. is offering SmarTire's active tire pressure monitoring system as optional equipment on their prestigious Alpine Coach L ... Continue reading
Thrifty Encourages Consumers to 'Hug Their Travel Agent' With Story-Telling Contest
Grand Prize Winner and Their Trip-Saving Travel Agent Will Each Win a Trip TULSA, Okla., April 5 -- Thrifty Car Rental, a subsidiary of Dollar Thrifty Automotive Group, Inc. , is declaring April "Travel Agent Appreciation Month" by hosting a "Hug Your Agent" story contest, encouraging consumers to share their story of ... Continue reading
AIAG Names Senior Automotive Executives to Board of Directors
DETROIT, April 5 -- The Automotive Industry Action Group (AIAG) announced today that it has named three senior-level executives from General Motors Corp., Eaton Corp. and EDS to its board of directors. (Logo: http://www.newscom.com/cgi-bin/prnh/20040719/DEM007LOGO ) AIAG's board of directors represents a cross section ... Continue reading
Sport Compact Only Unleashes New Web Site to Public
PHOENIX--April 5, 2005--Sport Compact Only announced today that it has officially released its next-generation e-commerce Web site to the public. The new site, www.sportcompactonly.com, upgrades the company's Web platform to Microsoft's .NET Web development framework and creates an environment to achieve the company's ... Continue reading
Hella to Showcase Electronics Technology at SAE
PLYMOUTH, Mich., April 5 -- Hella KGaA Hueck & Co. will feature its intelligent vehicle power-management and electronic-distribution systems at the SAE World Congress, April 11-14, 2005, at Booth 1433 at Cobo Center in Detroit, Michigan. The lighting, body-control and climate-control systems required by modern vehicles ... Continue reading
* Innovation award presented in Paris for abaca component * First exterior use of natural fiber on the Mercedes-Benz A-Class coupe Paris, Apr 05, 2005 DaimlerChrysler’s innovative application of abaca plant fiber in underfloor protection for passenger cars has been recognized with an award to be presented on Apri ... Continue reading
Nissan Europe Reports March Sales
TRAPPES, France, April 5 -- Nissan Europe reported total sales of 60,644 vehicles(1) in March 2005, a slight decrease of 0.2% over the same month last year. In the three month period from January to March 2005, Nissan Europe sold 132,729 units, 4% down from last year. Highlights by Country - Nissan in France sold 5,006 ... Continue reading
GM Chairman, CEO to Assume Control of GM North America Amid Weak Sales, Tough Competition
DETROIT Apil 4, 2005; Dee-Ann Durbin writing for the AP reported that General Motors Corp., struggling with weak U.S. sales, tough competition and tepid earnings prospects, put day-to-day authority over its North American operations in the hands of chairman and chief executive Rick Wagoner on Monday in hopes he can eng ... Continue reading
Top 10 Car Yields Top 20 Finish in 'Typical' Bristol Race
Top 10 Car Yields Top 20 Finish in 'Typical' Bristol Race Bristol, TN. (April 4) - The Food City 500 may have been your 'typical' race at Bristol Motor speedway, but that only means it was anything but boring. Michael Waltrip drove the No. 15 NAPA AUTO PARTS Chevy from a 27th-place starting position straight to the fro ... Continue reading
Kia to Build New U.S. Operations Center in Irvine, CA
Korean Automaker to Invest $70 Million in New Corporate Campus IRVINE, Calif., April 4 -- Kia Motors America (KMA) today unveiled plans for a new 236,000 square-foot U.S. campus on 21.7-acres of newly acquired land in Irvine, Calif. Bordered on one side by the Santa Ana Freeway (I-5), the custom-built, campus-style fac ... Continue reading
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