TULSA, Okla., March 3 -- Alamo Rent A Car announced today an extension of its test of a new touch-screen car rental kiosk -- an industry first -- at McCarran International Airport in Las Vegas. The new system reduces the check-in time for customers by approximately 50 percent when compared to average counter check-in t ... Continue reading
Bechtel Reaches Emergency Housing Milestone for FEMA
After installing housing for nearly 100,000 Mississippi victims of Katrina, Bechtel will focus on maintenance services and group housing sites JACKSON, Miss., March 3 -- Having successfully installed more than 35,000 temporary housing units for nearly 100,000 Mississippi residents displaced by Hurricane Katrina, Bechte ... Continue reading
Chrysler Group Profit-Sharing Payments Provide More than $40 Million Economic Boost
AUBURN HILLS, Mich., March 3 -- More than 62,000 eligible Chrysler Group retirees, non-bargaining and United Auto Workers- represented bargaining unit employees in the United States will share more than $40 million today when the Company distributes its profit sharing payout. The 2005 profit-sharing checks, which avera ... Continue reading
Collins Industries Announces New Stock Ticker Symbol
HUTCHINSON, Kan., March 3 -- Collins Industries, Inc. announced that, effective today, its stock ticker symbol has changed from COLL to CNSI. This ticker symbol was changed by NASDAQ due to the required change of the company's common stock CUSIP number following the recent reverse stock split / forward stock split. Sto ... Continue reading
Durham, O'Donnell, Najem Increase Stake in Cellstar Corporation Over 8% and Expand Shareholder Group
INDIANAPOLIS, March 3 -- Timothy S. Durham, Chairman and CEO of Obsidian Enterprises, Inc. (BULLETIN BOARD: OBDE) today reported he and partners Pat O'Donnell and Henri B. Najem, Jr. have expanded their shareholder group in Cellstar Corporation (Pink Sheets: CLST) to include Terry Whitesell, President of Obsidian Enter ... Continue reading
Fitch Lowers Dana's IDR to 'C'; Remains on Watch Negative; Corrects Limitations on Liens Statement
CHICAGO--March 3, 2006--Fitch Ratings has downgraded the ratings of Dana Corporation as follows: -- Issuer default rating (IDR) to 'C' from 'CCC'; -- Senior secured bank facility to 'B-' from 'B'; -- Senior unsecured debt to 'CC' from 'CCC'. The recovery rating on the senior unsecured debt is 'RR4', and the senior secu ... Continue reading
Flying Lizard PortalPlayer 2006 Sponsorship
FOR IMMEDIATE RELEASE Team Contact: Jennifer Hart Tel: 707.935.9600 x 552; Mobile: 415.425.3578 e-mail: jennifer@lizardms.com PortalPlayer to Sponsor Flying Lizard for 2006 Racing Season March 3, 2006 - Sonoma, CA - Flying Lizard Motorsports announced today that PortalPlayer, Inc. is sponsoring the 2-car GT2 sports car ... Continue reading
GEICO Seeks 100 New Associates Due to Growth in Texas
DALLAS, March 3 -- Because of the company's record growth in 2005, GEICO plans to add more than 100 new associates to serve its growing number of policyholders in Texas. Currently employing more than 1,000 associates, GEICO's Dallas management team will be hiring associates for positions in the service and claims depar ... Continue reading
IRC Reports Florida Auto No-Fault Claim Costs Climb as the Seriousness of Injury Declines
MALVERN, Pa., March 3 -- Florida personal injury protection (PIP) claim costs (claimed economic losses and actual claim payments) increased at double-digit rates between 2002 and 2005, far outpacing the rate of inflation, according to a new Insurance Research Council (IRC) study. The average total claimed PIP economic ... Continue reading
LOWELL, Ark.--March 3, 2006--J.B. Hunt Transport Services, Inc. announced that on Tuesday, March 7 at 4:35 p.m. (EST), President and Chief Executive Officer Kirk Thompson will present at the Raymond James 27th Annual Institutional Investors Conference. The conference will be presented to the investment community at the ... Continue reading
Michel Jourdain Jr. News and Notes - Mexico City
Contact: Ken Hazlett, Global Performance Group, (704) 660-3467, ken@gperformance.com Michel Jourdain Jr. No. 15 Roshfrans / Canels Ford Fusion Motorola Telcel 200 / Autodromo Hermanos Rodriguez - Sunday, March 5, 2006 HOME COUNTRY, HOME TRACK, HOME SPONSOR: ~ Jourdain could not be happier this weekend. He is starting h ... Continue reading
WARRENVILLE, Ill.--March 3, 2006-- Extends Consent Deadline for 6 1/4% Senior Notes due 2012 until 5 p.m. EST on March 3, 2006 Navistar International Corporation announced today that holders representing more than a majority of each of its outstanding $393 million in aggregate principal amount of 9 3/8 percent senior n ... Continue reading
New Blog from Retail Systems Alert Group and IBM Dissects Retail Value Chain
NEWTON, Mass.--March 3, 2006--A newly launched blog called Retail Matters (www.retailmattersblog.com) will explore and debate the influences that will enable a healthy, productive and profitable extended retail industry in the next Millennium, Retail Systems Alert and IBM announced today. Created and written by Thomas ... Continue reading
*News Briefs *If you need more information on any of these subjects, call the listed Press Officer. For Release: (Washington, D.C. -- Friday, March 3, 2006) *(1)* *New Guidelines to Assess Local Transportation Air Quality Impacts* *(2) EPA Posts Results of Additional Samples Taken at the Murphy Oil Site (3)* *Clanton C ... Continue reading
News Release: EPA and Best Buy To Recycle Electronic Equipment
News for Release: Friday, March 3, 2006 U.S. Environmental Protection Agency (EPA) *EPA and Best Buy To Recycle Electronic Equipment Destroyed by Hurricane Katrina *Contact: Dale Kemery, (202) 564-4355 / kemery.dale@epa.gov (Washington, D.C.- March 3, 2006) EPA and Best Buy are teaming up to increase collection and saf ... Continue reading
Quintin Crye Looks Forward To 2006 USAC Ford Focus Season
FOR IMMEDIATE RELEASE March 2, 2006 Contact: Janie Vogel, ProRace Marketing 440-915-7627, QuintinCryePR@yahoo.com QUINTIN CRYE LOOKING FORWARD TO 2006 USAC CALIFORNIA FORD FOCUS SEASON (Gridley, Calif.) After a three-race 2005 campaign running a USAC Ford Focus midget on dirt, Quintin Crye, of Gridley, Calif., is plann ... Continue reading
DUBLIN, Ireland--March 3, 2006--Research and Markets (http://www.researchandmarkets.com/reports/c33885) has announced the addition of Trucking - Industry Profile to their offering. Our easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand any particular business. ... Continue reading
State Auto Financial Declares 59th Consecutive Quarterly Dividend
COLUMBUS, Ohio--March 3, 2006--Today the board of directors of State Auto Financial Corporation declared a quarterly cash dividend of $0.09 per share, payable March 31, 2006, to shareholders of record at the close of business on March 15, 2006. This is the 59th consecutive quarterly cash dividend declared by the compan ... Continue reading
Schnitzer Steel Names New Director
PORTLAND, Ore.--March 3, 2006--Schnitzer Steel Industries, Inc. today announced that its Board of Directors elected William D. Larsson as a director of the Company. Larsson, Senior Vice President and Chief Financial Officer of Precision Castparts Corp. , becomes the Company's eleventh director and sixth independent dir ... Continue reading
CSM Worldwide Event to Provide a Look Forward at the European Automotive Industry
FRANKFURT, Germany, March 3 -- CSM Worldwide, the market leader in automotive forecasting and market intelligence, will hold its Financial Briefing seminars in Frankfurt and London on March 22 and 24 respectively. The briefings will feature presentations and expert analysis from senior CSM staff members, and will provi ... Continue reading
Dana Corporation Receives Court Authorization to Access New Credit Facility
Judge Gives Interim Approval for $1.45 Billion in Debtor-in-Possession (DIP) Financing; Approval of 'First-Day Orders' Enables Company to Maintain Normal Operations and Continue Employee Pay and Benefits TOLEDO, Ohio, March 3 -- Dana Corporation today reported that it has received interim Court approval to access a new ... Continue reading
DataDot USA & Premier Dealer Services Launch National Theft Protection Program
REDMOND, Wash., March 3 -- DataDot Technology USA, in association with its dedicated automotive aftermarket distributor DataDot Dealer Services, LLC, is pleased to announce the signing and launch of a national distribution and anti-theft protection program with leading United States automotive product and services prov ... Continue reading
DURA Automotive Announces Dividend on Trust Preferred Securities
ROCHESTER HILLS, Mich.--March 3, 2006--DURA Automotive Systems, Inc. , announced today that a quarterly dividend of $0.47 per share will be paid on the 7 1/2% convertible trust preferred securities issued by the DURA Automotive Capital Trust. The dividend will be payable on March 31, 2006, to stockholders of record on ... Continue reading
-- WHO: Sylvia Marino, Senior Director of CarSpace, can discuss how Edmunds.com has kept its forums in place and what its doing to keep its new social networking site, CarSpace, safe. CONTACT: To speak with Sylvia or to learn more, please contact Chintan Talati or Jeannine Fallon at 310-309-4900 or e-mail pr@edmunds.co ... Continue reading
Emercent Annual Automotive Remarketing Performance Study Delivers Key Insights
CHICAGO, March 3 -- Emercent Solutions, LLC, a premium provider of strategic consulting services, data analytics and software products to automotive remarketers, announced it will be releasing its 2005 Remarketing Performance Study results in March at the Conference of Automotive Remarketing (CAR) in Las Vegas. The stu ... Continue reading
Fitch Expects to Rate DaimlerChrysler Auto Trust 2006-A 'F1+/AAA/A+'
NEW YORK--March 3, 2006--Fitch Ratings expects to rate DaimlerChrysler Auto Trust (DCAT) 2006-A asset-backed notes as follows: -- $307,000,000 4.7914% class A-1 'F1+'; -- $485,000,000 5.06% class A-2 'AAA'; -- $510,000,000 5.00% class A-3 'AAA'; -- $159,800,000 5.01% class A-4 'AAA'; -- $45,200,000 5.14% class B 'A+'. ... Continue reading
Global Green's Global Warming Party Kicks off Oscar(R) Weekend with Liz Phair, Fishbone and Others
HOLLYWOOD--March 3, 2006-- LA City Council President Eric Garcetti Chauffeurs Kate Bosworth to Green Carpet; Clean Cars, Green Building Featured as Smart Solutions to Climate Change at Eco-soiree Celebrities make an environmental statement on Friday night by attending the annual Global Green USA Oscar Party at the Henr ... Continue reading
Illinois Senate Votes Down Bill to Protect Used Car Buyers
SPRINGFIELD, Ill., March 3 -- The Illinois Senate narrowly defeated a bill that would have given Illinois consumers access to critical accident information before they purchase a used car. Senate Bill 1839, known as the Used Car Buyers Right to Know Bill, would allow the Illinois Department of Transportation (IDOT) to ... Continue reading
Italian Machine Tool Technology Award for North American Students
DEARBORN, Mich. and CHICAGO, March 3 -- The Italian Machine Tool Technology Award program was recently announced by the Italian Trade Commission (ITC) in partnership with UCIMU - SISTEMI PER PRODURRE (the Association of Italian Manufacturers of Machine Tools, Robots, Automation Systems and Ancillary Products) in cooper ... Continue reading
--Tiger Woods is among the leaders after 36 holes at The Tournament at Doral CC. Tiger's success could be good news for his fans -- one of whom could win a free car if he wins the tournament. A new contest is giving away a car autographed and driven by Woods after every one of 15 promotional tournaments in the "Tiger W ... Continue reading
DUBLIN, Ireland--March 3, 2006--Research and Markets (http://www.researchandmarkets.com/reports/c33898) has announced the addition of A Global Technical And Manufacturer Review Of Automotive Chassis Systems to their offering. A vehicles chassis system is a determining factor when it comes to handling characteristics, i ... Continue reading
DUBLIN, Ireland--March 3, 2006--Research and Markets (http://www.researchandmarkets.com/reports/c33855) has announced the addition of Recreational Vehicle Manufacture - Industry Profile to their offering. Our easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand a ... Continue reading
TORRANCE, Calif., March 3 -- Lexus held its European reveal of the all-new 2007 LS 460 and the company's first-ever long-wheelbase model, the LS 460L, this week at a press conference at the 2006 Geneva Motor Show. The redesigned LS flagship sedan features many world and segment firsts in preventive safety technology. " ... Continue reading
RACINE, Wis.--March 3, 2006--Modine Manufacturing Company , a global leader in developing thermal management technologies for a diversified group of markets including truck, off-highway, automotive, engine, building HVAC and electronics cooling, announced today that it has received the U.S. Army's Environmental Excelle ... Continue reading
Dana Corporation's U.S. Operations File for Chapter 11
All Dana Facilities Open, Normal Operations Continue; Company Obtains $1.45 Billion DIP Financing Commitment from Bank Group TOLEDO, Ohio, March 3 -- Dana Corporation announced today that in order to address financial and operational challenges that have hampered its performance, the company and 40 of its U.S. subsidia ... Continue reading
NHTSA Investigates Potential Problems with Ford Trucks, Audi, Toyota and Chrysler Pacifica
Government Investigating Reports of Fires in Audi Sedans; Another Look at 2004 Recall WASHINGTON March 3, 2006; The AP reported that the U.S. government said it was re-examining a 2004 recall of Audi sedans for wiring problems after it received six reports of fires starting in the driver's side dashboard. In March 2004 ... Continue reading
BMW Manufacturing (South Carolina) Produces One Millionth Vehicle
SPARTANBURG, S.C., March 3 -- BMW Manufacturing Co., has manufactured its one millionth car, 12 years after the first car rolled off the production line. The millionth vehicle, which came off the line on February 28, 2006, is a Z4 M Roadster in Interlagos Blue with a Champagne Leather individual interior, custom Ash-Wa ... Continue reading
Honda and Climate Energy Provide Innovative and Energy Efficient Heating Solution
First Micro-CHP System Residential Installation Completed ALPHARETTA, Ga., March 3 -- The collaborative effort between American Honda Motor Company and Massachusetts-based Climate Energy, LLC has resulted in the first test residential installation of a unique and innovative new form of heat and power technology. At the ... Continue reading
AutoPacific's Research Shows Consumers Getting Over Gas Price Shock
TUSTIN, Calif., March 3 -- The Fuel Price Impact Survey conducted monthly by AutoPacific's VehicleVoice indicates that the median fuel price paid by U.S. motorists declined from a September 2005 peak of $2.90 per gallon to about $2.30 in February 2006. The February data are based on the results of an Internet survey wi ... Continue reading
The Market for Passenger Cars, ATVs, RVS and Pick-Ups Has Been Decreasing by 0.2% in France
DUBLIN, Ireland--March 3, 2006--Research and Markets (http://www.researchandmarkets.com/reports/c33900) has announced the addition of Passenger Cars, ATVs, RVs and Pick-Ups in France to their offering. Our Passenger Cars, ATVs, RVs and Pick-Ups in France Major Market Profile presents an overview of the national market. ... Continue reading
The 2006 Cleveland International Auto Show, views from Environmental Artist David Jakupca.
The 2006 Cleveland International Auto Show, views from Environmental Artist David Jakupca. 2006 Cleveland International Auto Show - Sleek Designed High-Powered Cars Still in Vogue Despite Hybrid Auto Buzz reports compiled from The International Center for Environmental Arts (ICEA) Director David Jakupca. Cleveland, OH ... Continue reading
MUMBAI, March 3, 2006; Rina Chandran writing for Reuters reported that a tax cut on small cars in India will boost sales, but may slow growth in the more lucrative mid-size segment and make it even tougher for most foreign car makers to make inroads in the market, analysts said. India's finance minister on Tuesday prop ... Continue reading
Brilliance China Automotive Holdings Limited Announcement
HONG KONG, March 3 /Xinhua-PR Newswire-FirstCall/ -- The following was released by Brilliance China Automotive Holdings Limited BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) (Stock Code: 1114) PROFIT WARNING The Board wishes to inform shareholders of the Company and inves ... Continue reading
By Thom Cannell<br> Detroit Bureu<p> Is bigger better? Is enormous capacity for tools, people, and cargo a good thing? Dodge is betting a significant number of families, tradesmen, craftsmen, and long haulers will answer yes and their solution is Mega Cab. Mega Cab has the largest pickup cab ever built at 111.1 inches ... Continue reading
A Typical Toyota The word “typical” appears in most reviews of Toyota products, as in “typical Toyota quality,” “typical Toyota fit and finish,” “typical Toyota attention to detail,” “typical Toyota engineering excellence,” or “typical Toyota engine powe ... Continue reading
AAA Texas: Gas Prices End Four-Week Decline
HOUSTON--March 3, 2006--The month-long decline in gas prices across Texas appears to be over in most areas, although average gas prices are still lower in many cities than at this time last week, according to the AAA Texas Weekend Gas Watch. The statewide average price for a gallon of regular self serve is $2.147 -- 0. ... Continue reading
LA Auto Club: Motorists Could Be Heading for Spring Gas Price Spike
LOS ANGELES--March 3, 2006--Gas prices ended their brief downturn in most Southern California cities this week, although average prices are still less than they were a week ago, according to the Automobile Club of Southern California's Weekend Gas Watch. The average price of self-serve regular gasoline in the Los Angel ... Continue reading
Honda told to improve recall practices
TOKYO March 3, 2006; Japan Today reported that Japan's transport ministry on Thursday ordered Honda Motor Co to improve its recall practices, saying it had been slow to publicize faulty fuel pumps in some of its Accord models. Honda reported to the ministry the same day that it will recall 21,275 of its Accord passenge ... Continue reading
Mazda launches RX-8 sports car with new engine
TOKYO March 3, 2006; Japan Today reported that Mazda Motor Corp said Thursday it began selling its red RX-8 sports car featuring a new rotary engine called Renesis at its dealerships across Japan. The four-door vehicle comes with black leather interior trim, a black leather-wrapped parking brake lever, a black leather- ... Continue reading
New Toyota Camry Sales in Japan hit 4,000
TOKYO March 3, 2006; Japan Today reported that Toyota Motor Corp said Thursday that cumulative sales of its fully redesigned Camry midsize sedan in Japan have reached around 4,000 units in 30 days, four times the automaker's initial sales target. Toyota released the remolded sedan on Jan 30. The sales figure was compil ... Continue reading
ppc Racing Partners with Drive for Diversity Program in Mexico
Contacts: Ken Hazlett, Global Performance Group, (704) 660-3467, ken@gperformance.com Kia Ervin, Access Marketing and Communications, (704) 295-6344, kervin@drivefordiversity.com ppc Racing Partners with Drive for DiversityR Program in Mexico (MOORESVILLE, N.C.) March 2, 2006 - Hispanic driver, Michel Jourdain Jr. may ... Continue reading
Feterl Manufacturing Corporation Joins Pedregon Racing As Major Associate Sponsor
FOR IMMEDIATE RELEASE March 2, 2006 Contact: Allison Holt, JRL Group (847) 291-7080 x201, <mailto:Allison@jrlgroup.com> Allison@jrlgroup.com Janie Vogel, JRL Group (440) 915-7627, <mailto:JanieVogel@yahoo.com> JanieVogel@yahoo.com Hi- and low-resolution photos available upon request Feterl Manufacturing Corporation Joi ... Continue reading
2007 Audi Q7 Sweepstakes and Partnership With the Elton John AIDS Foundation Kick Off in March
AUBURN HILLS, Mich., March 2 -- In preparation for the launch of the 2007 Audi Q7, Audi of America has launched a pair of initiatives to spark consumer awareness of the new performance SUV and the Elton John AIDS Foundation (EJAF). Consumers can register to win a driving trip for four to the Rocky Mountains or the Utah ... Continue reading
Pep Boys Reports Q4 Results; Sales and Adjusted Earnings Flat
PHILADELPHIA--March 2, 2006--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket retail and service chain, announced the following results for the thirteen weeks (fourth quarter) and fifty-two weeks (fiscal year) ended January 28, 2006. Operating Results Fourth Quarter Sales Sales for the thi ... Continue reading
Kia Motors Posts 4.3% Rise in N.A and Europe Sales in February
News FOR IMMEDIATE RELEASE CONTACT: Michael Choo (mjc@kia.co.kr <mailto:cdore@kia.co.kr> ), International Communications Manager, Kia Motors Corporation, Tel: +82-2-3464-6574, Fax: +82-2-3464-6722 Kia Motors posts 4.3% rise in overseas sales in February - 59,640 Kia vehicles sold overseas in February - Sales in Europe, ... Continue reading
Headin' West: 2006 Tire Rack SCCA Solo National Tour in San Diego This Weekend
For Immediate Release Headin' West: 2006 Tire Rack(r) SCCA Solo National Tour in San Diego This Weekend TOPEKA, Kan. (March 2, 2006) - The 2006 Tire Rack(r) SCCA Solo National Tour is wasting no time in reaching the entire country as the Tour makes the long haul from its stop in Florida to this weekend's run at Qualcom ... Continue reading
News from Cooper Tire: The Zeon Sport A/S Hits the Street
FOR IMMEDIATE RELEASE March 2, 2006 COMPANY CONTACT: Michelle Zeisloft Cooper Tire (419) 424-4251 mrzeisloft@coopertire.com The Cooper Zeon Sport A/S Hits the Street FINDLAY, OHIO, MARCH 2, 2006 COOPER TIRE & RUBBER COMPANY recently introduced a new generation ultra-high performance, all-season tire for today's most ... Continue reading
BANGALORE, India--March 2, 2006--Wipro Technologies, the global IT services division of Wipro Limited , today announced that it has joined STAR, the IT standards body for the North American retail automotive industry. Wipro Technologies will also be the first Indian services company to join STAR. STAR (Standards for Te ... Continue reading
Renault's New Modus Cosmopolitan Limited Edition
A new Modus Cosmopolitan limited edition Modus Cosmopolitan is back with a new spring/summer collection of youthful, refreshing body colors. This limited edition features a long list of equipment including a panoramic sunroof and additional cornering lights. Modus Cosmopolitan is priced from €14,650 to €17, ... Continue reading
2006 Dodge Hornet Create Buzz at 2006 Geneva Motor Show - VIDEO ENHAMCED
Geneva - March 3, 2007: As touted in our Dodge Hornet story last week (<a href="http://www.theautochannel.com/news/2006/02/20/211123.html&q u ot;>Click Here</a href> to read it), the Hornet did cause a big stir in Geneva. <a href="http://www.dcxmediaservices.com/videoptrs/wms/dctv/MEDIA/200 6/feb/geneva_chrysler_hi.wvx ... Continue reading
6.0-litre V12 biturbo engine with 450 kW / 612 hp Modified chassis for outstanding handling dynamics Luxurious and dynamic aura Stuttgart - Feb 28, 2006: With the new model 57 S, Maybach offers a high-end luxury saloon whose performance and dynamic handling need fear no comparison with a sports car. Particularly discer ... Continue reading
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