MILWAUKEE--Jan. 27, 2006--The Oilgear Company today announced that the company will restate certain of its previously filed consolidated financial statements. The restatements are not expected to significantly affect the reported results of operations for 2005 or the company's current financial position. As previously ... Continue reading
KB Racing: Greg Anderson on Monday's Back In The Pits
*FOR IMMEDIATE RELEASE January 27, 2006 KB RACING NHRA POWERADE DRAG RACING SERIES SUMMIT RACING EQUIPMENT PONTIAC GTO PRO STOCK GREG ANDERSON – DRIVER MEDIA CONTACT: Mickey Schultz PHONE: 425-557-8899 E-MAIL: mschultz@bellsouth.net Greg Anderson on Monday’s /Back In The Pits/ * Three-time NHRA POWERade Pro ... Continue reading
Donaldson Company Announces Quarterly Cash Dividend
MINNEAPOLIS, Jan. 27 -- Donaldson Company, Inc. , announced today that the Company's Board of Directors declared a regular cash dividend of 8 cents per share, payable March 10, 2006 to shareholders of record as of February 17, 2006. As of December 31, 2005, there were approximately 82,300,000 shares outstanding. The cu ... Continue reading
Littelfuse Expands Relationship with Polytronics Technology Corporation
DES PLAINES, Ill.--Jan. 27, 2006--Littelfuse, Inc. today announced that it has signed a new business cooperation agreement with Polytronics Technology Corporation that expands the relationship between the two companies. Littelfuse has a minority investment in Polytronics, a leader in polymer PTC circuit protection comp ... Continue reading
Oh Say Can You Sing ... Just Like a Super Star?
* Opportunity to perform the "The Star-Spangled Banner" at the Motown Winter Blast * National anthem karaoke contest with chances to win Jeep(R) merchandise * Interactive games and activities to test and teach the historical significance of the national anthem to participants WHAT: The singing of the national anthem is ... Continue reading
Pep Boys Closes $200 Million Financing; No Further Maturities Until 2007
PHILADELPHIA--Jan. 27, 2006--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket retail and service chain, announced today that it closed a $200 million senior secured term loan facility syndicated by Wachovia Capital Markets, LLC. The facility has a stated maturity of January 27, 2011, is se ... Continue reading
Stoneridge, Inc. to Broadcast Its Fourth-Quarter 2005 Conference Call on the Web
WARREN, Ohio, Jan. 27 -- Stoneridge, Inc. will broadcast its 2005 fourth-quarter earnings conference call live over the Internet on Tuesday, February 14, 2006 at 11:00 a.m. Eastern time with President and Chief Executive Officer, John Corey; Executive Vice President and Chief Financial Officer, George Strickler and Dir ... Continue reading
SAMAX Motorsport added the final touches to the No. 7 CITGO Pontiac-powered Riley Mk XI on Friday in preparation for this weekend's Rolex 24 At Daytona. The crew installed the car's race engine and the drivers lapped the 3.56-mile road course at Daytona International Speedway, bedding in new axles and brakes for the 24 ... Continue reading
Standard Motor Products, Inc. Announces Quarterly Dividend
NEW YORK, Jan. 27 -- Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, reported today that its Board of Directors has approved the payment of a quarterly dividend of nine cents ($0.09) per share on the common stock outstanding. The dividend will be paid on March 1, 2006 to st ... Continue reading
NATIONAL SPRINT, MIDGET SCHEDULES REFLECT NEW VENUES
FOR IMMEDIATE RELEASE JANUARY 27, 2006 Contact: DICK JORDAN (317)247-5151 06-17 MICHAEL HARKER (317)247-5151 NATIONAL SPRINT, MIDGET SCHEDULES REFLECT NEW VENUES INDIANAPOLIS - The 2006 USAC National racing schedules, released today, reflect numerous new venues for Sprint and Midget participants. More than a dozen diff ... Continue reading
CORPUS CHRISTI, Texas--Jan. 27, 2006-- First Firestone Tire/Explorer Legal Case to Ever be Successfully Tried to Verdict Since Firestone Tire Recalls in 1999 A landmark decision was handed down today by a jury in the 117th District Court, Cause No. 03-3353-B, Rose Marie Munoz vs. Ford Motor Company, et al, Nueces Count ... Continue reading
FLORIDA FORD FOCUS SERIES KICKS OFF MONDAY WITH THREE-RACE SWING
FOR IMMEDIATE RELEASE JANUARY 27, 2006 Contact: MICHAEL HARKER (317)247-5151 06-16 DICK JORDAN (317)247-5151 FLORIDA FORD FOCUS SERIES KICKS OFF MONDAY WITH THREE-RACE SWING INDIANAPOLIS - USAC Ford Focus Midget Car Series racing begins its 2006 season next week with the debut of a new region in The Sunshine State. The ... Continue reading
Deadline Approaching for the 2006 International Wheel Awards Entries
DETROIT, Jan. 27 -- Just a reminder that the deadline is rapidly approaching for the Detroit Press Club Foundation's prestigious 2006 International Wheel Awards. Entries must be postmarked or sent through parcel service by Tuesday, January 31st. Rules and entry details for these prestigious awards, honoring excellence ... Continue reading
Reynolds and Reynolds Postpones Annual Meeting of Shareholders
DAYTON, Ohio, Jan. 27 -- The Reynolds and Reynolds Company today announced that it will delay its 2006 annual meeting of shareholders until June 15, 2006. The meeting has been postponed so that the company can complete its revenue recognition policy review, respond to comments from the Staff of the SEC's Division of Co ... Continue reading
Cooper Tire to Lead the Pack at A1 Grand Prix Race in South Africa
FOR IMMEDIATE RELEASE January 27, 2006 COMPANY CONTACT: Patricia Brown Cooper Tire 419-424-4370 pjbrown@coopertire.com Cooper Tire to Lead the Pack at A1 Grand Prix Race in South Africa Drivers from 25 national teams to compete on 370/660R13 Cooper-A1 Grand Prix racing radials WHAT: The seventh race in the A1 Grand Pri ... Continue reading
Vizualogic Announces Senior Management Changes
FOR IMMEDIATE RELEASE Contact: Mariellen Fagan 330-494-6999, ext 201 mfagan@crowlinc.com Vizualogic Announces Key Senior Management Changes CORONA, CA -- Vizualogic recently announced three key senior-level management appointments to bolster its leadership in the mobile entertainment industry. Jeff Carter, the current ... Continue reading
Lexus Announces Special Service Campaign (Recall?) on Certain RX 330 Vehicles
TORRANCE, Calif., Jan. 27 -- Toyota Motor Sales (TMS), U.S.A., Inc., announced today that it will launch a voluntary special service campaign with the National Highway Traffic Safety Administration (NHTSA). The campaign involves approximately 3,900 early 2004 model year Lexus RX 330 vehicles in the U.S. In certain earl ... Continue reading
2006 Toyota Solara Coupe Review
By Gareth Wardell I wish the Camry Solara Coupe was around when first I began to buy cars. I was born and educated in Scotland’s capital, Edinburgh, famous for many things like its grand castle, a loyal Cairn terrier called Grayfriar’s Bobby, and Sean Connery. In my youth we were exhorted to be patriotic, t ... Continue reading
Julow Named Next SCCA President
For Immediate Release Julow Named Next SCCA President TOPEKA, Kan. (Jan. 27, 2006) - Sports Car Club of America, Inc. (SCCA), the 60,000-member motorsports organization boasting the largest active participant group in racing, announced today that James R. Julow will become its next President. Julow brings a wealth of i ... Continue reading
Newest BMW Models Featured at Chicago Auto Show
Please contact me if you need photos or additional information, or visit www.press.bmwgroup.com <http://www.press.bmwgroup.com/> . Best regards, Blair Hefty Coyne PR 937-316-1665 bhefty@coynepr.com David J. Buchko Product Communications Manager 201-307-3789 / dave.buchko@bmwna.com William Scully BMW Product Communicati ... Continue reading
Foose Wins Most Beautiful Roadster Award At Grand National Roadster Show
Foose-designed ’36 Ford “Impression” Car Grabs Second Major Hot Rod Award in Less than a Year HUNTINGTON BEACH, Calif., (January 27, 2006) – Legendary designer and fabricator Chip Foose, founder of Foose Design, captured the coveted “America’s Most Beautiful Roadster” Award at ... Continue reading
Volvo Looking For A Wyoming Hero
Nominate a Wyoming Hero for the Fourth Annual Volvo for life Awards at www.volvoforlifeawards.com Through Jan. 31 Financial Contributions to the Fourth Annual Volvo for life Awards Heroes Total $1 Million, Include a Volvo Car for Life NEW YORK, Jan. 27 -- Do you know a Wyoming hometown hero seeking to improve the safet ... Continue reading
Obtains Approval to Borrow Up to $10 Million in DIP Financing and Approval of Use of Cash Collateral with Existing Lenders Buffalo Bankruptcy Court Also Approves First-Day Orders for Customers, Employees and Vendors DETROIT, Jan. 26 -- Performance Transportation Services, Inc., ("PTS") the second largest transporter of ... Continue reading
Tenneco Corrects Earnings Conference Call Playback Dial-In Number
LAKE FOREST, Ill., Jan. 26 -- Tenneco Inc. advises that the playback dial-in telephone number for its fourth quarter and full-year 2005 earnings conference call was incorrect in the company earnings release today. The correct number to hear a playback of the company's earnings conference call is 866-356-3371 (domestic) ... Continue reading
MAZDASPEED Motorsports: Racing Into 2006
IRVINE, Calif., Jan. 27 -- MAZDASPEED Motorsports Development's 2006 season is set to pick up where it left off: with excitement, dedication and a drive for victory. As the 2005 season closed with victories in series as diverse as the American Le Mans Series (ALMS), Grand American Road Racing Association (Grand Am), Sp ... Continue reading
Experts Unite to Help Construction Industry Combat the Growing Problem of Equipment Theft SAN DIEGO, Jan. 27 -- LoJack Corporation , the global leader in tracking and recovering valuable mobile assets, and the National Insurance Crime Bureau (NICB), a non-profit organization known for its expertise in vehicle theft iss ... Continue reading
SOUTHFIELD, Mich.--Jan. 27, 2006--Federal-Mogul Corporation (OTCBB:FDMLQ) has introduced a line of high-strength Sealed Power(R) and Speed-Pro(R) pistons featuring a complex ceramic head coating technology that withstands combustion temperatures of up to 2,000 degrees F and delivers three times the surface hardness of ... Continue reading
Alcoa Named One of the Most Sustainable Corporations in the World for Second Straight Year
PITTSBURGH--Jan. 27, 2006--Alcoa announced today that it has been named one of the most sustainable corporations in the world again in recognition of its superior performance and strategic ability to manage its environmental, social and economic impact across the board. This is the second straight year that Alcoa has m ... Continue reading
Competitive high-current device is optimized for automotive switching applications GENEVA, Jan. 27 -- STMicroelectronics , a world leader in power semiconductors, has announced a new high-current power MOSFET -- designed specifically for the automotive market -- which benefits from the latest optimization of ST's propr ... Continue reading
Exide Technologies Announces February 9 Conference Call to Discuss Results for Third Quarter FY 2006
ALPHARETTA, Ga.--Jan. 27, 2006--Exide Technologies (www.exide.com) announced today that it will conduct a conference call with the investment community on February 9, 2006 to discuss its financial results for the third quarter of fiscal year 2006, which ended December 31, 2005. The call, which will be hosted by Exide P ... Continue reading
FastenTech, Inc. Schedules Release of Fiscal 2006 First Quarter Results and Conference Call
MINNEAPOLIS--Jan. 27, 2006--FastenTech, Inc. has scheduled the release of its fiscal 2006 first quarter results for Thursday, February 2, 2006 after the market closing and will hold its conference call to discuss results on Friday, February 3, 2006. Details are provided below. Quarterly Telephonic Conference Call and W ... Continue reading
Exclusive Event Attracts Record Number of Guests and Corporate Sponsors While Benefiting Charity PALM BEACH, Fla., Jan. 27 -- Jet Aviation's sixth annual La Bella Macchina held January 19 at the company's Palm Beach facility during the Cavallino Classic, was bigger than ever this year, drawing the largest number of gue ... Continue reading
DALLAS--Jan. 27, 2006--lanelogic, the used-vehicle trading network that uses real-time sales data to conduct electronic trading between automotive dealers nationwide, will introduce the first and only used vehicle market-maker paradigm, committed to eliminating used-car inventory risks for member dealerships nationwide ... Continue reading
Safelite Solutions National Contact Centers Receive ISO 9001 2000 Certification
COLUMBUS, Ohio, Jan. 27 -- Safelite Group, a leading provider of property and casualty claims management solutions and auto glass products and services has announced that Safelite Solutions' national contact centers in Columbus, OH have passed an independent audit and fulfilled the requirements for ISO 9001 2000 certif ... Continue reading
PLANO, Texas--Jan. 27, 2006--Terion announced today that it has exceeded 100,000 installed FleetView units. The milestone caps a year of significant sales growth, during which new installations increased by over 60%. With this achievement, Terion has fortified its position as the market share leader in trailer manageme ... Continue reading
New Study Claims Ethanol Made From Corn Reduces Fuel Consumption, Emissions
Washington DC January 27, 2006; The AIADA newsletter reported that a study published today by five researchers at the University of California-Berkeley claims the idea of ethanol being a more energy friendly substitute than gasoline is not entirely true, but ethanol made from corn can indeed reduce the overall petroleu ... Continue reading
Kia Announces 2005 Profit Gains
Seoul january 27, 2006; Kia announced today its net profit rose 2.9 percent in 2005 due in large part to an increase in global sales, reports The Associated Press. The South Korean automaker said in a statement that net profit increased to $700.4 million as revenue was up 4.6 percent. Kia is aggressively pursuing overs ... Continue reading
Auto Advertising in Newspapers on the Decline
Washington DC January 27, 2006; The AIADA newsletter reported that in a reflection of a major shift in media and advertising strategies this decade, auto-classified revenue in newspapers dropped significantly last month, and has steadily declined since 2004. According to the Wall Street Journal, a combination of web co ... Continue reading
CITGO/SAMAX - Rolex 24 Thursday
The No. 7 CITGO Pontiac-powered Riley Mk XI will start 18th on the grid for the 2006 Rolex 24 At Daytona. Dario Franchitti qualified in one minute 45.673 seconds (121.280 mph) on the 3.56-mile Daytona International Speedway infield road course. He will share driving duty during the 24-hour race with Milka Duno, Marino ... Continue reading
Kimi Raikkonen Makes MP4-21 Debut
Posted by www.eMercedesBenz.com on January 27, 2006 at 8:25 AM CST In Barcelona, Spain yesterday, soon to be world champion Kimi Raikkonen made his on-track debut in the McLaren-Mercedes team's new MP4-21. Although freezing temperatures and foggy conditions were far less than ideal, Kimi and Co. had a productive day, i ... Continue reading
2006 Jaguar S-Type VDP Edition Review
DRIVING DOWN THE ROAD WITH CAREY RUSS 2006 Jaguar S-Type VDP Edition If introduction of the Jaguar XK in 1996 showed that the venerable British automaker was truly alive and well after some turbulent years, it was the debut of the S-Type in model year 2000 that emphasized Jaguar's vitality. The XK, after all, was a pre ... Continue reading
Number 2 Carmaker Toyota Announces Results for December 2005 and CY2005
January 26, 2006 Toyota Announces Results for December 2005 and CY2005 Tokyo — TOYOTA MOTOR CORPORATION (TMC) announced today the production, sales in Japan and export results of TMC, Daihatsu Motor Co., Ltd. and Hino Motors, Ltd., for December 2005 and calendar year 2005. ... Continue reading
Toyota Ranks 2nd in 2005 Global Sales
TOKYO January 27, 2006; The Toyota Motor Corp group increased its combined global vehicle sales in 2005 by 8% from the previous year to a record 8.11 million units, the automaker said Thursday, making it the world's second-largest automaker after General Motors Corp for the third straight year. Global vehicle productio ... Continue reading
Honda Sets All-Time Annual Records for Overseas and Worldwide Automobile Production
Tokyo, Japan, Jan 26, 2006 - (JCN Newswire) - Honda Motor Co., Ltd. has announced a summary of its automobile production, domestic sales, and export results for the month of December as well as for the calendar year 2005. Honda set all-time calendar year records for worldwide production, as well as overseas production. ... Continue reading
Krohn Racing Rolex 24 Qualifying Report
Krohn Racing Rolex 24 Qualifying Report DAYTONA BEACH, Fla., January 26, 2006 – Krohn Racing opted to forgo today’s qualifying session for the January 28-29th Rolex 24 At Daytona to better prepare for the team’s first endurance race. During this morning’s first official practice session for the ... Continue reading
AAA Texas: Weekend Gas Watch; Prices Edge Higher
HOUSTON--Jan. 27, 2006--Pump prices pushed upward as last week's decreases proved to be short lived, according to the AAA Texas' Weekend Gas Watch. The statewide average price for a gallon of regular self serve is $2.280 a gallon - up a penny since last week. Dallas has the highest average on the list at $2.303 a gallo ... Continue reading
LA Auto Club: Gas Prices Rise Past $2.50 Per Gallon in the Fourth Week of Increases
LOS ANGELES--Jan. 27, 2006--Gasoline prices in most of the region rose past the $2.50 per gallon mark as motorists endured the fourth consecutive week of increases at the gas pump, according to the Automobile Club of Southern California's Weekend Gas Watch. Since the beginning of 2006 the average price in the L.A. metr ... Continue reading
GM Reports Preliminary 2005 Financial Results
DETROIT January 26, 2006; General Motors Corp. today reported a 2005 calendar-year loss, excluding special items, of $3.4 billion, or $5.99 per share, compared with net income of $3.6 billion, or $6.37 per share, in 2004. Including special items, GM reported a loss of $8.6 billion, or $15.13 per share for 2005, compare ... Continue reading
Hyundai Motor's net profit up 33% in 2005
Seoul January 27, 2006; Kim So-hyun writing for the Korea Hearald reported that Hyundai Motor Co. said yesterday its net profit last year surged 33 percent to a new high of 2.31 trillion won thanks to demand for its Sonata sedans and Santa Fe sport-utility vehicles in the United States and China. Yet the carmaker's 200 ... Continue reading
Michael Andretti Enjoys First Test
If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email/fi ... Continue reading
Tuttle Team Racing/SAMAX will start the Rolex 24 At Daytona from 28th on the 70-car grid after locking in a start position during the first of two qualifying sessions. Brian Tuttle qualified the No. 11 BMW-powered Riley Mk XI he shares with Kyle Petty and Boris Said. The team's GT cars will qualify again, looking to im ... Continue reading
Derhaag Motorsports Qualifies for Rolex 24 At Daytona
Derhaag Motorsports No. 40 Preformed Line Products Daytona Prototype CONTACT: Cristi Brumm 336-210-0980 FOR IMMEDIATE RELEASE Derhaag Motorsports Qualifies for Rolex 24 At Daytona Daytona Beach, FL (January 26, 2006) The #40 Preformed Line Products Daytona Prototype is ready to take the start of ultimate American en ... Continue reading
MOPAR NHRA PRO STOCKERS DEBUT NEW LOOK FOR 2006
PRESS RELEASE January 26, 2006 FOR IMMEDIATE RELEASE TEAM MOPAR CONTACT: Misha Geisert J.R. Thompson Company (317) 432-4110 MoparPR@aol.com MOPAR NHRA PRO STOCKERS DEBUT NEW LOOK FOR 2006 Center Line, Mich. - Secret photos of the NHRA POWERade Pro Stock machines piloted by Richie Stevens Jr., and Allen Johnson have bee ... Continue reading
UQM Technologies Reports Third Quarter and Nine Month Operating Results
FREDERICK, Colo., Jan. 26 -- UQM TECHNOLOGIES, INC. (AMEX:UQM) , a developer of alternative energy technologies, announced today operating results for the quarter and nine months ended December 31, 2005. Continuing operations for the third quarter resulted in a loss of $536,106 or $0.02 per common share on total revenu ... Continue reading
Michigan International Auto Show Rolls in to GR One Week From Today
FOR MORE INFORMATION CONTACT: Henri Boucher, Show Producer (616-447-2860) Dianna Stampfler, Show Publicist (269-330-4228) Donn Eurich, Executive Director - Grand Rapids New Car Dealers Association (517-327-9207) John Leese, President - Grand Rapids New Car Dealers Association (616-954-1136) Grand Rapids New Car Dealers ... Continue reading
Mid-Ohio Adds Motorcycle Instruction
FOR IMMEDIATE RELEASE Contact: Scott Reisz, (614) 793-4600, truesports.pr@midohio.com TRUESPORTS EXPANDS MOTORCYCLE ACTIVITIES WITH LAUNCH OF THE MID-OHIO MOTORCYCLE RIDING SCHOOL SCHOOL TO DEBUT AT MID-OHIO SPORTS CAR COURSE THIS SPRING DUBLIN, Ohio (January 26, 2006) – The Mid-Ohio School, the high-performance ... Continue reading
KB Racing: It a boy for Jason and Cindy Line
*FOR IMMEDIATE RELEASE January 26, 2006 KB RACING NHRA POWERADE DRAG RACING SERIES SUMMIT RACING EQUIPMENT PONTIAC GTO PRO STOCK JASON LINE - DRIVER MEDIA CONTACT: Mickey Schultz PHONE: 425-557-8899 E-MAIL: mschultz@bellsouth.net Jason and Cindy Line proud parents of baby boy* Charlotte, N.C. - Jason and Cindy Line bec ... Continue reading
DENSO Develops New ECU for Adaptive Front Lighting Systems
New ECU Smaller, More Functional, Less Expensive TOKYO, Jan. 26 -- DENSO Corporation has developed a new electronic control unit (ECU) for adaptive front lighting systems (AFS), which is approximately 70 percent smaller in volume compared to DENSO's conventional ECU for the AFS. The new ECU is installed on the Toyota E ... Continue reading
Ballard Secures US$40 Million Carbon Fiber Materials Contract Extension with Major Automakers
VANCOUVER, British Columbia--Jan. 26, 2006--Ballard Power Systems (TSX:BLD) announced today that its carbon fiber products subsidiary, Ballard Material Products (BMP), has been awarded an exclusive four-year contract extension for the supply of carbon friction material for automatic transmissions to an existing major a ... Continue reading
Polk Extends Entry Deadline for 2006 Aftermarket Inventory Efficiency Award
SOUTHFIELD, Mich., Jan. 26 -- R. L. Polk & Co. announced today that the deadline for submitting applications for the 2006 Polk Inventory Efficiency Award would be extended to March 1, 2006. The Polk Aftermarket Inventory Efficiency Award will be presented at the 2006 Global Automotive Aftermarket Symposium (GAAS) at th ... Continue reading
Dover Motorsports, Inc. Reports Results for the Quarter and Year Ended December 31, 2005
DOVER, Del., Jan. 26 -- Dover Motorsports, Inc. today reported its results for the quarter and year ended December 31, 2005. The Company promoted one major event in the fourth quarter of 2005 and 2004 -- the NASCAR Busch Series race at Memphis Motorsports Park. Results from continuing operations in both years excluded ... Continue reading
Tenneco Reports Solid Fourth Quarter Earnings and Strong Operating Cash Flow
Company Forecasts $1 Billion in OE Business Growth in 2007 -- EPS of 18-cents versus a loss of 45-cents a year ago -- EBIT up 75% -- Year-over-year fourth quarter cash flow from operations improved $93 million to $158 million -- 16th consecutive quarter of year-over-year adjusted EBITDA improvement -- Company anticipat ... Continue reading
International Speedway Reports Record Results for the Fourth Quarter and Full Year of Fiscal 2005
~ Full-Year Total Revenues Increase 14 Percent ~ DAYTONA BEACH, Fla., Jan. 26 -- International Speedway Corporation (BULLETIN BOARD: ISCB) ("ISC") today reported record results for the fiscal fourth quarter and full year ended November 30, 2005. "This past year was highlighted by significant Company and industry develo ... 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.