Toyota to replace GM as world top automaker
TOKYO, Oct. 26, 2005; Xinhua News service reported that Japan's largest automaker Toyota Motor Corp. group is expected to boost its automobile production to more than 9.2 million units in 2006, making it almost certain that the group will top the giant US automaker General Motors Corp.to become the world's biggest auto ... Continue reading
GMAC RE Establishes a New Business Unit
Special Risk Solutions DETROIT - GMAC Insurance Group announces the formation of a new operating unit, Special Risk Solutions (SRS). The new unit will specialize in excess and surplus lines property business, focusing specifically on large property schedules and/or complex risks that are difficult to place in the tradi ... Continue reading
General Motors Develops Vehicles with a Sixth Sense
New Technology Helps Drivers "Watch Out" for the Other Guy Warren, Mich. – What if your car had a sixth sense that could “see” the traffic you couldn’t or didn’t notice, and, if need be, stopped your vehicle to prevent a collision? Today, General Motors Corp. demonstrated a fleet of cars t ... Continue reading
Third Quarter 2005 Highlights: * Grew core earnings by 53.3 percent to $66.3 million, or $0.52 per diluted share, compared to $43.2 million, or $0.35 per diluted share, in third quarter 2004 * Increased total revenue $556.3 million, or 17.2 percent, to $3.8 billion * Increased total merchandise sales by $142.4 million, ... Continue reading
AmeriCredit Announces $300 Million Stock Repurchase Plan
FORT WORTH, Texas--Oct. 25, 2005--AmeriCredit Corp. today announced that its board of directors has authorized a stock repurchase plan for up to $300 million. AmeriCredit may purchase the stock from time to time, depending on market conditions, in the open market or in privately negotiated transactions. About AmeriCred ... Continue reading
O'Reilly Automotive, Inc. Reports Record 2005 Third Quarter Results
SPRINGFIELD, Mo.--Oct. 25, 2005--O'Reilly Automotive, Inc. ("O'Reilly" or "the Company") today announced record revenues and earnings for the third quarter of 2005, representing 48 quarters of record revenues and earnings for O'Reilly since becoming a public company in April 1993. Net income for the third quarter ended ... Continue reading
By Steve Purdy Detroit Bureau Let’s review GM’s history of producing two-seat sports cars. First, the Corvette was brought out in 1953 considerably underpowered but sexy enough to compete with the popular underpowered British sports cars of the day. Fortunately, the introduction of the small-block V-8 in &# ... Continue reading
Survey: Cars impress the opposite sex
Posted by www.LeftlaneNews.com on October 25, 2005 at 4:17 PM EST http://www.leftlanenews.com/?p=352 Men and women agree that when it comes to dating cars make an impression, according to a Ford Fusion “Life in Drive” Dating Survey that polled more than 400 singles and revealed a whopping 89 percent of male ... Continue reading
Pep Boys to Present at Upcoming Investor Conference
PHILADELPHIA--Oct. 25, 2005--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket and service chain, today announced that it will participate in the 29th Annual Gabelli Automotive Aftermarket Symposium Conference on Tuesday, November 1 at The Mirage in Las Vegas, NV. Sr. Vice President & CFO H ... Continue reading
CHICAGO--Oct. 25, 2005--CCC Information Services Group Inc. announced today that it has filed its third quarter results in its Quarterly Report on Form 10-Q with the Securities and Exchange Commission. Please refer to the Form 10-Q for a full discussion of the company's results for the three months and nine months ende ... Continue reading
Fitch Rates Honda Auto Receivables 2005-5 Owner Trust 'F1+/AAA'
NEW YORK--Oct. 25, 2005--Fitch Ratings assigns ratings to the Honda Auto Receivables 2005-5 Owner Trust receivables-backed class A notes as follows: -- $374,000,000 4.22063% class A-1 asset-backed notes 'F1+'; -- $300,000,000 4.54% class A-2 asset-backed notes 'AAA'; -- $550,000,000 4.61% class A-3 asset-backed notes ' ... Continue reading
Modine Matches Employee Donations, Sending More Than $150,000 to Hurricane Relief Efforts
RACINE, Wis.--Oct. 25, 2005--With the need for aid great following the worst hurricane season on record for the United States, Modine Manufacturing Company , a world leader in designing and producing thermal management solutions, announced today its charitable foundation and employees worldwide have now donated more th ... Continue reading
HARRISBURG, Pa., Oct. 25 -- Citizens for Pennsylvania's Future (PennFuture) today called on the Pennsylvania legislature to protect the health of one million Pennsylvanians by defeating HB 2141, a bill introduced yesterday, and passed by the House Transportation Committee with no public input and moved immediately to t ... Continue reading
SAN JOSE, Calif.--Oct. 25, 2005--The award recognizes the best new hardware and software products in the areas of signal processing, DSPs, embedded applications and EDA tools for developing signal-processing chips or subsystems. "The award is a great honor for us and represents the next milestone in the ongoing success ... Continue reading
OAK BROOK, Ill.--Oct. 25, 2005--RC2 Corporation today announced its results for the third quarter and nine months ended September 30, 2005. Net income was $18.3 million or $0.85 per diluted share in the 2005 third quarter as compared with $14.0 million or $0.68 per diluted share in the year ago third quarter. Net incom ... Continue reading
Westcorp Reports Record Third Quarter Net Income
IRVINE, Calif.--Oct. 25, 2005--Westcorp: -- Third quarter net income increased 22% to a record $67 million -- Earnings per share increased 21% to a record $1.26 per share -- Contract originations grew 15% to $2.1 billion Westcorp reported that net income increased 22% to a record $66.5 million for the three months ende ... Continue reading
ADESA, Inc. Raises Nearly $185,000 for Red Cross Hurricane Relief Efforts
CARMEL, Ind., Oct. 25 -- ADESA, Inc. today presented a check for $184,542.20 to the American Red Cross for its continuing hurricane relief efforts in the U.S. Gulf Coast. The money was donated during the months of September and October at the company's locations located across the U.S. (Logo: http://www.newscom.com/cgi ... Continue reading
Adhesives Research Announces Restructuring to Meet Demands of Rapid Growth
GLEN ROCK, Pa., Oct. 25 -- Karen M. Olson, president and CEO of Adhesives Research, Inc., a leading global developer and manufacturer of custom design solutions, announced the company's reorganization into four fully integrated operating divisions with a new leadership structure. The organization's fast growth drove th ... Continue reading
America's Service Station Expands Through Partnership Program
ATLANTA, Oct. 25 -- America's Service Station continues its saturation of the Atlanta suburbs with their 9th area location set to open in early November. The secret to their rapid and successful expansion is their very unique growth strategy. While many businesses grow by way of company owned stores or franchise models ... Continue reading
WASHINGTON--Oct. 25, 2005--The Applied Power Electronics Conference (APEC), the premier global event in power electronics(TM), has been rescheduled to the week of March 19-23, 2006, and relocated to the Hyatt Regency Hotel in Dallas. The conference is jointly sponsored by the Institute of Electrical and Electronic Engi ... Continue reading
ArvinMeritor Dedicates Customer Value Center in Montgomery
DETROIT, Oct. 25 -- ArvinMeritor, Inc. dedicated its Light Vehicle Systems (LVS) Customer Value Center (CVC) today in Montgomery, Ala., with a ribbon-cutting ceremony followed by site tours. The event celebrated the opening of the final assembly facility that will deliver one million complete door modules annually for ... Continue reading
GRANBY, Oct. 25 -- Belt-Tech Products Inc. has completed a major restructuring exercise which has allowed it to save over 120 specialized jobs in the high-tech textile sector in Quebec while maintaining critical know- how in the province. Belt-Tech Products (formerly LaGran Canada Inc.) held it's official opening this ... Continue reading
Commercial Vehicle Group Reports Third-Quarter 2005 Results
NEW ALBANY, Ohio, Oct. 25 -- Commercial Vehicle Group, Inc. , today reported revenues of $205.9 million for the third quarter ended September 30, 2005, up 109% compared to $98.7 million in the prior-year period. Operating income for the third quarter was $24.6 million, a $13.3 million or 118% increase, compared to $11. ... Continue reading
SCOTTSDALE, Ariz.--Oct. 25, 2005--MotorSports Emporium Inc. (OTCBB: MSEP), a fast-track motor sports company specializing in die cast collectible cars, automotive and racing art, original racing memorabilia, and exclusive product licensing through GS610 Maximum Performance Brake Fluid(TM), congratulates the entire Andr ... Continue reading
Delphi Shows Off Expanded Engine Management Line, Industry-Leading Service Products at AAPEX 2005
Line-up led by Reman ECMs and DSD online subscription-based services TROY, Mich., Oct. 25 -- Delphi Corp. plans to introduce a new line of engine management parts and a new subscription-based service product at 2005 Automotive Aftermarket Parts Expo (AAPEX) show, Nov. 1-4 in Las Vegas. (Logo: http://www.newscom.com/cgi ... Continue reading
Flextronics Announces Second Quarter Results
- Gross Margin up 30 Basis Points Year-Over-Year; - Eighth Consecutive Quarter of Year-Over-Year Operating Margin Improvement; - Cash Conversion Cycle Decreases to 16 days; - Record High Cash Increases by $320 million; Debt Decreases by $197 million SINGAPORE, Oct. 25 -- Flextronics today announced results for its seco ... Continue reading
Get a Detailed Vehicle Smart Key System Evaluation for the Volvo S40
DUBLIN, Ireland--Oct. 25, 2005--Research and Markets (http://www.researchandmarkets.com/reports/c26574) has announced the addition of Vehicle Smart Key System Evaluation: Volvo S40 to their offering. As part of the research programme for 2004/2005, a series of detailed technical reports based on benchmarking of differe ... Continue reading
Giant Motorsports Announces Preliminary 9-Month Sales Growth Of 35%
SALEM, Ohio, Oct. 25 -- Giant Motorsports, Inc (BULLETIN BOARD: GMOS) , implementing the destination retailer business model in the motorcycle and powersports industry, announced today preliminary record sales performance for the 9-month period ended September 30, 2005 of approximately $81 million compared to $60.3 mil ... Continue reading
Hella Brochure Outlines Expanded Aftermarket Lighting Lineup
PEACHTREE CITY, Ga., Oct. 25 -- Highlights of Hella's expanded lineup of performance lighting and accessories is available in an all-new 32-page catalog: "When Lighting Counts." The brochure includes details on more than 100 new aftermarket vehicle- lighting products including specialty lamps, brackets, relays and horn ... Continue reading
Kline Study Predicts Shift from Monograde to Multigrade PCMOs in Egypt
LITTLE FALLS, N.J., Oct. 25 -- Consumption of multigrade passenger car motor oils in Egypt is expected to increase significantly in the next decade, according to a study soon to be released by Kline & Company. Multigrade lubricants, currently 77% of the Egyptian PCMO market, are expected to account for more than 90% by ... Continue reading
L.A. Mayor Villaraigosa Urges Motorists to Take the Pledge to Slow Down This Halloween
LOS ANGELES--Oct. 25, 2005-- Autobytel's National ``Take the Pledge to Slow Down'' Joins Forces with Department of Transportation's ``Watch the Road'' Campaign to Promote Halloween Safety Autobytel Inc.'s national safe driving campaign Take the Pledge to Slow Down and The Los Angeles Department of Transportation's Watc ... Continue reading
MOCA Systems Selected for U.S. Air Force Air Mobility Command Capital Projects
NEWTON, Mass.--Oct. 25, 2005--MOCA Systems, leader in capital project intelligence services, has been selected by the US Air Force Air Mobility Command (AMC) to provide capital project controls and performance management services on multiple U.S. bases. MOCA Systems provides AMC with construction project decision suppo ... Continue reading
PHILADELPHIA, Oct. 25 -- Auto safety researchers at The Children's Hospital of Philadelphia and the University of Pennsylvania (Penn) are working to make automobiles safer for children and young drivers by quickly turning new discoveries into new and safer products. With a 5-year grant and facilitation from the Nationa ... Continue reading
New Analysis of the Recent Performance of Fiat Group and a Guide to Its Future Strategy
DUBLIN, Ireland--Oct. 25, 2005--Research and Markets (http://www.researchandmarkets.com/reports/c26571) has announced the addition of Fiat Group Vehicle Manufacturer Strategic Insight 2005 to their offering. Vehicle Manufacturer Strategic Insights are individual, in-depth, constantly updated manufacturer channels. Fiat ... Continue reading
HOUSTON--Oct. 25, 2005-- Houston-Area Auto Leasing Company to Donate $250 to Foundation for Every Automobile Leased Through Pink Ribbon Lease Program Park Place Auto Leasing, Houston's premier automotive leasing company, has partnered with the Houston affiliate of The Susan G. Komen Breast Cancer Foundation, the nation ... Continue reading
PETE LYONS TO VISIT AUTOBOOKS ... LIVING HISTORY LESSONS ON TAP
RENOWN AUTHOR/PHOTOGRAPHER PETE LYONS TO APPEAR AT AUTOBOOKS SATURDAY, OCT 29 Veteran Motorsports Writer Will Sign Copies of His Newly-Reissued Can-Am Book Burbank, Calif. - - One sunny day at a sports car race on the old public road course at Bridgehampton, NY, a very young lad who, at that time, had no interest in au ... Continue reading
Reed Sorenson's NASCAR NEXTEL Cup debut at Atlanta Motor Speedway Advance
CONTACT: Jennifer Powell, Chip Ganassi Racing with Felix Sabates, (704) 662-9642, jpowell@ganassi.com Reed Sorenson, No. 39 Discount Tire Dodge Bass Pro Shops MBNA 500-Atlanta Motor Speedway Advance No. 41 TEAM FACTS: * NEXTEL Cup Debut: Reed Sorenson is attempting to make his first NASCAR NEXTEL Cup Series race this w ... Continue reading
Significant Increase in DaimlerChrysler's Third-Quarter Operating Profit to $2.2 Billion (+38%)
* Group revenues up 9% to $46.0 billion * Net income of $910 million (Q3 2004: $1,147 million) * Earnings per share of $0.89 (Q3 2004: $1.13) * Excluding charges related to realignment of the smart business model, Group operating profit for full year still expected to increase slightly compared with 2004 ($7.0 billion) ... Continue reading
'Snow Kidding!' Dunlop Says, 'Think Winter Tires Now'
AKRON, Ohio, Oct. 25 -- Waiting for Groundhog Day before deciding on winter tires for the family vehicle? Timing is everything in cold weather driving, and now's the time to "think winter tires," Dunlop marketers say, not after furry prognosticators make their predictions. Dunlop, whose Winter Sport M3 performance wint ... Continue reading
CHARLOTTE, N.C., Oct. 25 -- Sonic Automotive, Inc. , a leader in automotive retailing, today reported that its 2005 third quarter earnings from continuing operations were $28.5 million, or $0.65 per diluted share, compared to $21.9 million, or $0.51 per diluted share, in the prior year period. "We demonstrated strong g ... Continue reading
BOSTON--Oct. 25, 2005--In recent research, Strategy Analytics studied the potential for Free Digital AM wave band radio providing enhanced in-vehicle infotainment. The latest Automotive Practice analysis, "AM Radio Is Back! Is Your Strategy Tuned-in? DRM Is Set To Challenge Growth In SDR, IBOC and DAB!" highlights the ... Continue reading
The Haartz Corporation to Add TPO Capacity Due to Increased Automotive Demand
ACTON, Mass., Oct. 25 -- In response to increased demand for TPO (thermoplastic olefin) related materials, The Haartz Corporation -- which has a sales office in Bloomfield Hills, Mich. -- announced today it will expand its current TPO capacity. According to Doug Sieber, Haartz vice president of operations, the new extr ... Continue reading
U.S. Micro, an Atlanta IT asset management company, says ongoing NASCAR sponsorship is an effective marketing tool for smaller companies ATLANTA, Oct. 25 -- U.S. Micro Corporation announced today that, for the second year in a row, it has become the primary sponsor of the #50 Arnold Motorsports Dodge for the Bass Pro S ... Continue reading
Visteon to Release Third-Quarter 2005 Financial Results by Teleconference and Webcast
VAN BUREN TOWNSHIP, Mich., Oct. 25 -- Visteon Corporation , one of the world's leading suppliers of automotive components and integrated systems, will release its third-quarter 2005 financial results at 8 a.m. (EST) on Tuesday, November 8, via PR Newswire. At 9 a.m. (EST), a conference call is scheduled to discuss the ... Continue reading
Wescast Industries Inc. Declares Dividend
BRANTFORD, Ontario--Oct. 25, 2005--Wescast Industries Inc. (TSX:WCS.SV.A) has declared a dividend on its common shares in the amount of $0.06 per common share, and such dividend shall be payable on November 25, 2005, to shareholders of record at the close of business on November 4, 2005. About Wescast Wescast Industrie ... Continue reading
WFS Financial Reports Third Quarter Results
IRVINE, Calif.--Oct. 25, 2005--WFS Financial Inc: -- Third quarter net income increased 66% to $63 million -- Earnings per share increased 66% to $1.54 per share -- Contract originations grew 15% to $2.1 billion WFS Financial Inc reported that net income increased 66% to $63.4 million for the three months ended Septemb ... Continue reading
DaimlerChrysler Reports Significant Increase In Third-Quarter Operating Profit
Posted by www.eMercedesBenz.com on October 25, 2005 at 2:30 PM CST Warning: monotonous financial information ahead. Read at your own risk. DaimlerChrysler noted an especially strong operating profit this quarter, recording a profit of EUR 1,838 million, compared to EUR 1,332 million in the third quarter of 2004. Ultima ... Continue reading
FreedomRoads, Nation's Largest RV Retailer, Acquires Camping Time RV
LINCOLNSHIRE, Ill.--Oct. 25, 2005--Chicago based, FreedomRoads, LLC., the nation's largest RV retailer with revenues approaching $1.5 billion, today announced that it has acquired Camping Time RV, Georgia's most successful RV dealership with three retail outlets. Camping Time was awarded the industry's coveted Quality ... Continue reading
ECD Ovonics Files $300 Million Shelf Registration
ROCHESTER HILLS, Mich., Oct. 25 -- Energy Conversion Devices, Inc. (ECD Ovonics) today announced the filing of a shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission (SEC). After the shelf registration statement is declared effective by the SEC, ECD Ovonics will be able to offer and ... Continue reading
AMG-Mercedes Dominates In Hockenheim
Posted by www.eMercedesBenz.com on October 24, 2005 at 11:20 AM CST The AMG-Mercedes DTM racing team had a banner day in Hockenheim yesterday, dominating the final race of the season and finishing in the top three positions. Bernd Schneider of Vodafone AMG-Mercedes took first, followed by Salzgitter AMG-Mercedes' Jamie ... Continue reading
Prepare Your Car for Winter Weather With Tips From CarMax
RICHMOND, Va., Oct. 25 -- As winter approaches, CarMax, Inc. , the nation's largest retailer of used cars, offers advice on how to make sure your vehicle is ready for cold weather. "Harsh winter weather can create real challenges for autos," said Lane Fleming, CarMax ASE Master Technician. "That is why it is so importa ... Continue reading
CARMA Research Shows Media Emphasize Fuel-Efficiency Over Safety in Autos
WASHINGTON--Oct. 25, 2005--New research conducted by leading media analysis firm CARMA International, Inc., has found that U.S. media increasingly emphasize fuel-efficiency over safety in discussions of automobile features. Over the past two years, CARMA has discovered a steady increase in media coverage of hybrid vehi ... Continue reading
Posted by www.eMercedesBenz.com on October 24, 2005 at 11:20 AM CST Over the weekend, there was talk of Mercededes renaming their flagship S500 model the S550. "Bah," I thought. Why would Mercedes change their trademark S500 name? Today, Mercedes has confirmed the speculation, officially replacing the S500 moniker that ... Continue reading
'Trade Up Your Car' Sweepstakes
Winner to Receive $5000 Toward The Purchase Of A Car! ATLANTA and SAN FRANCISCO, Oct. 25 -- AutoTrader.com, the #1 online automotive classified advertising company in the U.S., and online news innovator Internet Broadcasting announce an interactive sweepstakes called "Trade Up Your Car." (Logo: http://www.newscom.com/c ... Continue reading
BMW Z4 M Roadster races in to lead high-performance sportscar market
October 25, 2005; BMW will redefine the benchmark for two-seater soft-top sportscars when the much-anticipated Z4 M Roadster arrives early next year. It uses the world-renowned 3.2-litre straight-six powerhouse previously seen in the E46 BMW M3 Coupé and Convertible. Voted the World’s Best Engine in its class fi ... Continue reading
Steven J. Landry Named President and Chief Executive Officer, DaimlerChrysler Canada
AUBURN HILLS, Mich., Oct. 25 -- Effective November 1, Steven J. Landry is appointed President and Chief Executive Officer -- DaimlerChrysler Canada, Inc., reporting to Joe Eberhardt, Chrysler Group Executive Vice President, Global Sales, Marketing and Service. In this position, Landry is responsible for all Chrysler Gr ... Continue reading
New Mercedes 4Matic Models Available
Posted by www.eMercedesBenz.com on October 24, 2005 at 9:20 AM CST Mercedes has announced today that both the E 280 CDI and the E 320 CDI willl be available with the permanent all-wheel drive 4MATIC system. With the addition of these models, Mercedes now offers customers a choice of 10 all-wheel drive E-Class variants, ... Continue reading
WHAT: Edmunds.com, the premier online automotive resource, will announce the winners of the 2006 Editors' Most Wanted Awards, including the Most Significant Vehicle Award for 2006, in a press conference at the 2005 Specialty Equipment Market Association (SEMA) Show. For eight consecutive years, the Editors' Most Wanted ... Continue reading
Christin Prince Joins Jumpstart Automotive Media
Christin Prince Joins Jumpstart Automotive Media Digital Media Veteran Latest to Join High-Growth Firm SAN FRANCISCO (October 25, 2005) Jumpstart Automotive Media, which has partnered with leading automotive web publishers to aggregate the Internet's largest community of car shoppers, today announced that Christin Prin ... Continue reading
Press Release - AutoLink Wales 2005
Dear Sir/Madam, Please find attached a press release regarding AutoLink Wales - a large scale automotive event taking place within Cardiff next month for the business-to-business market, which may be of interest to some of your readership. If possible, please include within on of your upcoming editions. Release: Immedi ... Continue reading
Amerityre and an Irwin Jacobs Company Sign Product Development Agreement
Objective is to Develop Polyurethane Run-Flat Tire for Certain Trailer Applications BOULDER CITY, Nev., Oct. 25 -- Amerityre Corporation (BULLETIN BOARD: AMTY) announced today that it has entered into a Product Development Agreement with Genmar Holdings, Inc., to design and develop prototype polyurethane "run-flat" boa ... Continue reading
Experian Offers Consumers Free Online Service to Identify Storm Damaged Vehicles
AutoCheck Storm Scan Offers Consumers Access to Clearinghouse of Hurricane Damage Information, including Dealer-Reported Data SCHAUMBURG, Ill., Oct. 25 -- Experian Automotive, a division of global business solutions company Experian(R), today began offering free storm damage vehicle information to consumers through a n ... Continue reading
Sonic Automotive, Inc. Declares Quarterly Cash Dividend
CHARLOTTE, N.C., Oct. 25 -- Sonic Automotive, Inc. , a leader in automotive retailing, today announced that its Board of Directors approved a quarterly dividend of $0.12 per share payable in cash for shareholders of record on December 15, 2005. The dividend will be payable January 15, 2006. Sonic Automotive, Inc., a Fo ... Continue reading
Tenneco Automotive Reports Record Third Quarter 2005
-- Earnings per share improves 64% -- Earnings before interest, taxes and minority interest up 17% -- 14th consecutive quarter of year-over-year revenue growth -- 15th consecutive quarter of year-over-year adjusted EBITDA improvement LAKE FOREST, Oct. 25 -- Tenneco Automotive reported record third quarter revenue and n ... Continue reading
Toyota Motorsport Aligns Its IT Systems with Race Track Targets
Single view of Toyota's IT infrastructure reduces car manufacture time from years to days, cuts system downtime, and saves millions through identification of unused IT resources HOUSTON, Oct. 25 -- BMC Software, Inc. , a leading provider of enterprise management solutions, today announced that Toyota Motorsport GmbH ha ... Continue reading
UnitedAuto to Acquire Cush Automotive Group
BLOOMFIELD HILLS, Mich.--Oct. 25, 2005--United Auto Group, Inc. , a worldwide automotive retailer, announced today that it has signed an agreement to acquire the Cush Automotive Group located in San Diego, California. The Cush Automotive group represents the following dealerships: Cush Honda San Diego Cush Acura San Di ... Continue reading
Lithia Motors, Inc. Declares Quarterly Dividend Third Quarter of 2005
MEDFORD, Ore.--Oct. 25, 2005--Lithia Motors, Inc. today announced that the Board of Directors has approved a dividend of $0.12 per share for the third quarter of 2005. Shareholders of record as of November 4, 2005, will receive the dividend that will be payable November 18, 2005. About Lithia Lithia Motors, Inc. is a F ... Continue reading
GM 2005 Vehicle Sales Up Year to Date
FRANKFURT October 25, 2005; Reuters reported that General Motors' global vehicle sales rose 3.7 percent in the first nine months of 2005 to 7,066,774 units, GM Europe said in a statement on Tuesday. It said the increase was led by sales gains for its three luxury and premium brands -- Cadillac, up 9.6 percent; Hummer, ... Continue reading
Reynolds' incadea Dealer Management System Powers Toyota Belgium Operations
CHAVANNES-DE-BOGIS, Switzerland, October 25 -- The Reynolds and Reynolds Company announced today that it is implementing its incadea automotive retailing software at 75 Toyota sites in Belgium. Reynolds' local partner, Helios-IT, will install the solution which will be used by approximately 500 users. Toyota Belgium is ... Continue reading
El Sistema de Administración de Concesionarios de Reynolds ayuda a las Operaciones de Toyota Bélgica
CHAVANNES-DE-BOGIS, Suiza, October 25 -- The Reynolds and Reynolds Company anunció hoy la puesta en marcha del software incadea de venta al por menor de automóviles en 75 concesionarios de Toyota en Bélgica. El socio local de Reynolds, Helios-IT, instalará la solución que será usada por aproximadamente 500 usuari ... Continue reading
Iteris' Lane Departure Warning System Now Offered in Technology Package on the 2006 Infiniti FX
ANAHEIM, Calif.--Oct. 25, 2005--Iteris Inc. (AMEX:ITI), a leading provider of vision-based technology that enhances driver safety, today announced that the Iteris Lane Departure Warning (LDW) system will now be offered as part of the Technology Package on all 2006 Infiniti FX models at 177 dealerships nationwide. In 20 ... Continue reading
H.E.A.T. Recognizes Contributions to Auto Theft Prevention
20th Anniversary Breakfast at Ford Field Brings Law Enforcement & Auto Insurance Industry Together for Awards, Recognition DETROIT, Oct. 25 -- Today marks the 20th anniversary of the H.E.A.T. (Help Eliminate Auto Thefts) program. Since its inception in 1985, H.E.A.T., with its partners in law enforcement and the insura ... Continue reading
PROVIDENCE, R.I.--Oct. 25, 2005--ABAQUS, Inc., a Dassault Systemes' (DS) company , announced today that BMW Group has adopted ABAQUS software as the basis for all its vehicle crashworthiness simulation. ABAQUS is the leading provider of software, technology and services for advanced finite element analysis and a key pa ... Continue reading
LogicaCMG and CarbonSim to Help Leading Automotive Company Manage its Greenhouse Gas Emissions
LONDON, October 25 -- LogicaCMG today announced that it has won a project to implement a greenhouse gas management solution for Ford Motor Company. Ford will use EMISSIONS logic, developed by LogicaCMG and partner CarbonSim, to manage its global greenhouse gas emissions to comply with the EU Emissions Trading Scheme (E ... Continue reading
Reynolds' incadea Dealer Management System Powers Toyota Belgium Operations
CHAVANNES-DE-BOGIS, Switzerland, Oct. 25 -- The Reynolds and Reynolds Company announced today that it is implementing its incadea automotive retailing software at 75 Toyota sites in Belgium. Reynolds' local partner, Helios-IT, will install the solution which will be used by approximately 500 users. Toyota Belgium is pa ... Continue reading
ATLANTA--Oct. 25, 2005--Servigistics, the leading service parts management solution provider, today announced the opening of the company's new European ("EMEA") headquarters in Bristol, to be led by Kevin Tingey, formerly of QAD, as General Manager. Mr. Tingey, a proven sales and management executive in the internation ... Continue reading
Electro Energy Inc. CEO Discusses Company's Major Developments on www.wallstreetreporter.com
DANBURY, Conn., Oct. 25 -- Electro Energy Inc. , a leading provider of advanced battery technologies and associated systems, discussed a series of major developments for the Company in an interview yesterday with Todd Santorelli, Senior Analyst of Wall Street Reporter, which can now be heard on http://www.wallstreetrep ... Continue reading
Enjoy Media Expands Its Advertising Businesses by Acquisition of QiQi
HONG KONG--Oct. 25, 2005--Enjoy Media Holdings Limited (Pink Sheets:EJYM) announced today that it has signed a definitive agreement to acquire 100% of Guangzhou CheQing Network Technology Limited ("QiQi", www.QiQi.net). QiQi is an advertising and network marketing services company based in Guangzhou, China. The total c ... Continue reading
PALO ALTO, Calif., Oct. 25 -- Manufacturers of class 6-8 truck original equipment (OE) powertrain systems are expected to focus increasingly on redesigning their products to help truck owners meet Environmental Protection Agency (EPA) regulations. Since engines, cooling systems, turbochargers, and exhaust systems will ... Continue reading
WHAT: The Boston Police Department and Somerville Police Department each reportedly purchase approximately 960,000 and 54,000 gallons of fuel per year, respectively, to patrol city streets. With gas prices in the Boston area averaging $2.39 (regular), the departments' fuel budget is becoming increasingly difficult to m ... Continue reading
TROY, Mich.--Oct. 25, 2005--GlobalAutoIndustry.com, the leading worldwide portal and intelligence source for the automotive industry, today announced the launch of an updated, more fully featured version of their GlobalAutoCommunity -- an online community where automotive suppliers worldwide can meet, collaborate, and ... Continue reading
Harvey Westbury Announces Exclusive Distribution Agreement
PATERSON, N.J--Oct. 25, 2005--Harvey Westbury Corp. (PINK SHEETS:HVYW) announced today that the company has signed an exclusive agreement with Tyreguard Systems Ltd. Of Cheshire United Kingdom to distribute their new product, the Tyreguard Tire Safety System to the Marine, RV and Industrial sectors in the United States ... Continue reading
QualMark Corporation Reports Third Quarter Financial Results
DENVER--Oct. 25, 2005-- '...Total Revenue Grew 29% and Profits Grew 56% over the Prior Year Quarter...' QualMark Corporation (OTCBB: QMRK), a world leader in designing, manufacturing and marketing HALT (Highly Accelerated Life Testing), HASS (Highly Accelerated Stress Screening) and electrodynamic systems, today announ ... Continue reading
Raser Technologies, Inc. Announces the Inaugural Release of Its ''Up To Speed'' Series
PROVO, Utah--Oct. 25, 2005--Raser Technologies, Inc. (OTCBB:RSTG) ("Raser"), a technology licensing company that develops and licenses advanced electric motor, electric motor drive and related technologies, is pleased to announce Volume I of its "Up To Speed" corporate presentations for the investment community. The "U ... Continue reading
VANCOUVER, British Columbia--Oct. 25, 2005--Reg Technologies, Inc. (TSX VENTURE:RRE) (OTCBB:REGRF) is pleased to announce that its U.S. subsidiary REGI U.S., Inc. has completed and approved the final version of the Rand Cam(TM) technology video news release. TVA Productions is launching a national media campaign, comme ... Continue reading
See the Much Awaited 2005 BMW Vehicle Manufacturer Strategic Insight
DUBLIN, Ireland--Oct. 25, 2005--Research and Markets (http://www.researchandmarkets.com/reports/c26354) has announced the addition of BMW Vehicle Manufacturer Strategic Insight 2005 to their offering Vehicle Manufacturer Strategic Insights are individual, in-depth, constantly updated manufacturer channels. BMW is just ... Continue reading
State Auto Financial Announces Third Quarter Results
COLUMBUS, Ohio--Oct. 25, 2005--State Auto Financial Corporation -- Third quarter earnings of $0.41 -- Quarterly GAAP combined ratio of 100.2 -- Catastrophes accounted for 16.0 points of quarterly combined ratio -- Return on Equity rises to 19.9% State Auto Financial Corporation today reported third quarter net income o ... Continue reading
Thrifty to Award Daily Prize of 75,000 Delta SkyMiles(R) on Thrifty.com Thru Dec. 1
TULSA, Okla., Oct. 25 -- Thrifty Car Rental, a subsidiary of Dollar Thrifty Automotive Group, Inc. , is showing customers the sky's the limit with the launch of a new sweepstakes on http://www.thrifty.com/ . From now through Dec. 1, 2005, Thrifty will award daily prizes of 75,000 miles -- the equivalent of three round- ... Continue reading
Goodyear Announces Third Quarter 2005 Earnings Release, Conference Call
AKRON, Ohio, Oct. 25 -- The Goodyear Tire & Rubber Company will report third quarter 2005 financial results before markets open on Thursday, October 27, to be followed by an investor conference call at 10 a.m. EDT. (Logo: http://www.newscom.com/cgi-bin/prnh/20050204/GTLOGO) Participating in the conference call will be ... Continue reading
United States Steel Corporation Reports 2005 Third Quarter Results
PITTSBURGH, Oct. 25 -- United States Steel Corporation Earnings Highlights (Dollars in millions except per share data) 3Q 2005 2Q 2005 3Q 2004 Net sales $3,200 $3,582 $3,707 Segment income from operations Flat-rolled Products $41 $190 $362 U. S. Steel Europe 32 141 146 Tubular Products 124 133 55 Other Businesses 21 23 ... Continue reading
Mercer Transportation Co. Selects PowerLinx Rear Vision for Specialized Truck Fleet
ST. PETERSBURG, Fla.--Oct. 25, 2005--PowerLinx, Inc. (OTCBB: PWLX), today announced that the Company's DC power line rear vision system, Zone Defense(TM), has been offered for installation by Mercer Transportation Company of Louisville, Ky. The Zone Defense(TM) system for tractor-trailers eliminates video cables, inste ... Continue reading
PACCAR Profits Surge; Best Quarter in Company's 100-Year History
BELLEVUE, Wash.--Oct. 25, 2005--"PACCAR Inc earned record net income for the third quarter and first nine months of 2005," said Mark C. Pigott, chairman and chief executive officer. "This outstanding result is especially noteworthy as the company is celebrating its 100-year anniversary. All facets of the business repor ... Continue reading
LOS ANGELES--Oct. 25, 2005--MOTOR TREND, the world's number one automotive authority and part of PRIMEDIA's Consumer Automotive Group, today announced it has selected the Nissan Xterra as MOTOR TREND's 2006 Sport/Utility of the Year. "The MOTOR TREND awards have become a staple in the automotive industry and we are ple ... Continue reading
Auto Dealer UnitedAuto Reports Third Quarter 2005 Results
BLOOMFIELD HILLS, Mich.--Oct. 25, 2005--United Auto Group, Inc. , a worldwide automotive retailer, today reported a 10.8% increase in third quarter revenues to $2.8 billion. The revenue increase is driven by a 10.3% rise in retail vehicle revenues and a 14.3% growth in service and parts revenues, and includes a 7.0% in ... Continue reading
Kevin Smith and Dan Wiese Join Jury for International Car of the Year Awards
DETROIT, Oct. 25 -- The International Car of the Year Awards board (ICOTY) today announced the addition of two new judges to its jury; a group of 12 respected automotive journalists from a variety of publications and broadcast. Kevin Smith, Editorial Director of Edmunds.com has joined the ICOTY awards board, and will a ... Continue reading
2005 performance of DaimlerChrysler as a Vehicle Manufacturer
DUBLIN, Ireland--Oct. 25, 2005--Research and Markets (http://www.researchandmarkets.com/reports/c26419) has announced the addition of DaimlerChrysler Vehicle Manufacturer Strategic Insight 2005 to their offering Vehicle Manufacturer Strategic Insights are individual, in-depth, constantly updated manufacturer channels. ... Continue reading
Micron Imaging Technology Providing a New View for Drivers
BOISE, Idaho--Oct. 25, 2005--Micron Technology, Inc., a leading worldwide provider of image sensor and advanced memory solutions, today introduced a new image sensor designed to promote safer, smarter driving. As technically advanced automobiles continue to hit the roadways, imaging technology is a key feature that pro ... Continue reading
Nissan Production, Sales and Export Results for September 2005
and Fiscal First Half TOKYO (Oct. 24, 2005) - Nissan Motor Co., Ltd., today announced production, sales and export results for September and the six months through September. Among the highlights, Nissan's global production in the first half of 2005 increased 9.3% to 1,725,041 units in the April-to-September period com ... Continue reading
Honda Sets All-Time Records for Overseas and Worldwide Production for the First Half of Fiscal Year
Tokyo, Japan, Oct 24, 2005 - (JCN Newswire) - Honda Motor Co., Ltd. today announced a summary of production, Japanese domestic sales, and export results for the month of September and the first half of fiscal year 2006 (April to September 2005). Production -September 2005 Domestic production for the month of September ... Continue reading
Takata to Introduce New Child Seat Effective against Side Collisions
Tokyo Oct 22, 2005; Aki Tsukioka writing for JCN reported that Takata, a manufacturer of automobile safety devices, will market a new child seat, takata312-neo junior seat, which protects kids from side collisions, from November. Based on the data collected from the collaborative research to establish safety standards ... Continue reading
FOR IMMEDIATE RELEASE OCTOBER 24, 2005 Contact: MICHAEL HARKER/DICK JORDAN 05-324 SHENANDOAH FINALE RAINED OUT; USAC CAROLINA/VIRGINIA SERIES LOOKING TO RESCHEDULE INDIANAPOLIS – USAC and Shenandoah (Va.) Speedway track officials are looking to reschedule Saturday’s Carolina/Virginia Ford Focus Midget Car S ... Continue reading
Nation's Largest RV Retailer, Announces New Management Appointments
LINCOLNSHIRE, Ill.--Oct. 24, 2005--Chicago based FreedomRoads, LLC., the nation's largest RV retailer with revenues approaching $1.5 billion, today announced that it has redesigned part of its management structure in response to the company's rapid growth. In the last two years the company has grown from a start up to ... Continue reading
Daniel C. Hanna, Oregon Entrepreneur and Car Wash Innovator, Dies in Portland at Age 70
PORTLAND, Ore.--Oct. 24, 2005--Daniel C. Hanna, the prolific entrepreneur who founded Rub-a-Dub Car Wash and the subsequent Hanna Car Wash franchise as well as Hanna Enterprises, a worldwide provider of car wash equipment, died in Portland on October 19, 2005, from complications of cancer. He was 70. Hanna parlayed a y ... Continue reading
Magna to Officially Open Baltimore Technical Training Center
AURORA, Ontario, Oct. 24 -- Magna International Inc., one of the largest automotive parts suppliers in the world, will officially open a technical training center in Baltimore tomorrow. The Magna Baltimore Technical Training Center (MBTTC), located in Baltimore's Park Heights district, is the newest addition to Magna's ... 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.
