Flextronics Announces Fourth Quarter and Fiscal Year Results
SINGAPORE, April 27 -- Flextronics today announced results for its fourth quarter and fiscal year ended March 31, 2006. As announced last week, Flextronics entered into a definitive agreement to sell its software development and solutions business to an affiliate of Kohlberg Kravis Roberts & Co. As such, the software b ... Continue reading
Foamex Comments on Status of Its Proposed Chapter 11 Plan of Reorganization
LINWOOD, Pa.--April 27, 2006--Foamex International Inc. (OTC: FMXIQ) provided the following update on the status of its proposed chapter 11 Joint Plan of Reorganization. The Company said it is revising its business plan in light of recent favorable developments in Foamex's business performance. Once the revised plan is ... Continue reading
Fuel FX International, Inc. Announces Application for Agriculture Industry
SAN DIEGO--April 27, 2006--Fuel FX International, Inc., a developer of proprietary technologies and products for improving fuel economy while reducing emissions in diesel and gasoline engines, announced today a new application for the agriculture industry of Fuel FX International's products. Erik Ulsteen, Chief Executi ... Continue reading
DALLAS--April 27, 2006--i2 Planet 2006 offers more learning opportunities than ever for companies in the Automotive, Aerospace and Defense, Industrial and Metals industries. Presentations from companies such as Airbus, Bell Helicopter, Southwest Airlines, Kia Motors America, Honeywell, and Tata Steel are just some of t ... Continue reading
EL SEGUNDO, Calif.--April 27, 2006--International Rectifier Corporation today reported adjusted earnings of $28.1 million (or $0.39 per share) for the March quarter on revenue of $297.1 million. This compares to $26.5 million (or $0.37 per share) for the December quarter on revenue of $278.8 million. For the prior-year ... Continue reading
DUBLIN, Ireland--April 27, 2006--The Tenneco Inc Corporate Conference Call took place on 27-Apr-06 10:30am ET. Co. reported 1Q06 4% YoverY adjusted EBIT increase. More information on this Conference Call can be obtained from Research and Markets at http://www.researchandmarkets.com/transcripts/85936 This document provi ... Continue reading
Timken to Present at Merrill Lynch Global Industries Conference
CANTON, Ohio, April 27 -- The Timken Company will conduct an investor presentation at the Merrill Lynch 8th Annual Global Industries Conference on May 10 at 3:10 p.m. in London (10:10 a.m. Eastern Daylight Time). Presenters will be James W. Griffith, president and chief executive officer, and Glenn A. Eisenberg, execut ... Continue reading
Vincent C. Byrd Joins Board of Directors at Myers Industries
AKRON, Ohio--April 27, 2006--Myers Industries, Inc. announced today that Vincent C. Byrd has joined its Board of Directors. Byrd is currently Senior Vice President--Consumer Market, with the J. M. Smucker Company(R) in Orrville, Ohio. President and Chief Executive Officer John C. Orr said, "I am delighted to welcome su ... Continue reading
Mercedes-Benz Diesel May Cure Sticker Shock at the Pump
Full-Size Luxury Sedan Achieves 37 MPG and Up to 780 Miles Per Tank MONTVALE, N.J., April 27 -- Do you get sticker shock at every gas pump, but don't want to sacrifice your people- and cargo-carrying space? Are you now resigned to ever-higher fuel prices, but not ready to take the hybrid plunge? Mercedes-Benz, the comp ... Continue reading
Champion(R) Spark Plugs, Dale Earnhardt Jr. Team Up in Aggressive New Ad Campaign
SOUTHFIELD, Mich.--April 27, 2006--Dale Earnhardt Jr., arguably the world's most popular stock car racer, reveals his preferred brand of spark plugs in an extensive new consumer advertising campaign unveiled by Federal-Mogul Corporation's (OTCBB:FDMLQ) Champion(R) spark plug brand. "Junior," who has long relied on Cham ... Continue reading
Avery Dennison gibt Ergebnisse für das erste Quartal 2006 bekannt
PASADENA, Kalifornien--25. April 2006--Avery Dennison Corporation gab heute den verwässerten Gewinn je Aktie von 0,69 US-Dollar für das erste Quartal 2006 bekannt, im ersten Quartal 2005 betrug dieser Wert nur 0,57 US-Dollar. Der Anstieg des Gewinns ist zurückzuführen auf die Verbesserungen ... Continue reading
5000 Companies Occupy the $4 Billion Taxi and Limousine Sector in the US
DUBLIN, Ireland--April 27, 2006--Research and Markets (http://www.researchandmarkets.com/reports/c36178) has announced the addition of Taxi and Limousine Services - Industry Profile to their offering. Our easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand any p ... Continue reading
First Quarter of 2006 Brings Accolades for TEKgroup International and Clients PRSA and Best Buy
FORT LAUDERDALE, Fla.--April 27, 2006--TEKgroup International, Inc. continues to garner recognition for its work. This year has already brought praise from organizations such as the Communicators Awards and the Webby Awards. The Communicator Awards (http://www.communicator-awards.com) is an international awards competi ... Continue reading
Johnson Controls Named to Business Ethics Magazine's list of '100 Best Corporate Citizens'
MILWAUKEE, April 27 -- Business Ethics Magazine announced today that Johnson Controls, Inc. (JCI) has been included for the first time on its list of "100 Best Corporate Citizens." The list appears in the Spring 2006 issue published today. Companies were chosen based on performance in eight stakeholder categories: shar ... Continue reading
MASON, Ohio--April 27, 2006--Seapine Software, Inc., a leading provider of adaptable application lifecycle management (AALM) solutions, announced today a joint webinar with OpenDemand Systems entitled "How to reduce QA software testing costs and cycle times." This free one-hour Webinar will be held on Tuesday, May 16 a ... Continue reading
Semcon: Summary of Semcon's Annual General Meeting 2006
STOCKHOLM, Sweden--April 27, 2006--Semcon AB's (STO:SEMC) Annual General Meeting was held on Wednesday, 26 April 2005. The CEO, Hans Johansson, reported on the performance for 2005. Sales stood at SEK 1,500 million (1,289) and the operating profit was SEK 97,9 million (52,1). The average number of employees was 1,636 ( ... Continue reading
ZF Names Hans-Georg Haerter as Next CEO
FRIEDRICHSHAFEN, Germany, April 27 -- ZF Friedrichshafen AG - a leading worldwide supplier of driveline and chassis technology - announced Hans-Georg Haerter (60) as the successor to current CEO Siegfried Goll (65). Haerter will be appointed to the ZF Friedrichshafen AG Board of Management effective October 1, 2006 and ... Continue reading
United Plastics Group Opens Third China Facility in Suzhou
US $10 million, 115,000 square foot facility quadruples capacity for low-cost, value-added molding and assembly in China. Designed for lean manufacturing, the new plant includes clean room and white room areas. OAK BROOK, Ill. and SUZHOU, JIANGSU, China, April 27 -- United Plastics Group, Inc. (UPG) today announced the ... Continue reading
Crimson Fire to Showcase Four Fire Trucks at FDIC
Innovative Technology, Design Appeal to Demand for Strength, Safety, Storage, Serviceability & Style BRANDON, S.D., April 27 -- Crimson Fire will showcase four new fire trucks featuring innovative technology and design improvements during FDIC, the industry's largest fire-rescue conference and trade show. The Brandon, ... Continue reading
Road Rescue Showcases Technology, Features at FDIC
MARION, S.C., April 27 -- Road Rescue will showcase new technology and features on its custom ambulances during FDIC, the industry's largest fire-rescue conference and trade show. The Marion, South Carolina-based maker of custom ambulances and rescue vehicles will display three vehicles with design improvements develop ... Continue reading
Road Rescue Offers Market-Responsive Ambulances
MARION, S.C., April 27 -- Road Rescue will introduce its new market-responsive ambulances during FDIC, the industry's largest fire-rescue conference and trade show. The Marion, South Carolina-based maker of custom ambulances and rescue vehicles will display three new market responsive units, or MRUs, featuring a standa ... Continue reading
Crimson Fire Adds Two New Dealers
BRANDON, S.D., April 27 -- Crimson Fire has added two new dealers that will expand its sales and distribution reach in two key markets. The Brandon, South Dakota-based manufacturer of custom fire trucks recently signed deals with Summit Emergency Equipment and Emergency Vehicle Group to carry its complete line of custo ... Continue reading
Spartan Chassis Adds More 'Partners in Performance'
INDIANAPOLIS, April 27 -- Spartan Chassis continues to add more manufacturers and dealers to its strategic partnership program. The number of Spartan's fire truck OEM partners increased more than 30 percent compared to last year, while the number of fire truck dealers has grown nearly 70 percent. Spartan's "Partners in ... Continue reading
TRW Automotive Safety Technology Featured on SUVs and Trucks Earning NHTSA's Five-Star Rating
LIVONIA, Mich., April 27 -- The stars are aligned for vehicles featuring various automotive safety technologies supplied by TRW Vehicle Safety Systems Inc. (VSSI) -- a subsidiary of TRW Automotive Holdings Corp . TRW VSSI supplied occupant safety components to six of the eight vehicles earning a five-star rating for bo ... Continue reading
Minnesota Winners of Ford/AAA Auto Skills
BURNSVILLE, Minn.--April 27, 2006--AAA announces a two-student team from Moorhead High School - Brad Rassier and Sean Richards- won first place and $71,000 in scholarships in the Minnesota finals of the Ford/AAA Student Auto Skills contest. The team is lead by instructor Darvin Miller. The Minnesota competition was one ... Continue reading
8th Annual Michael Douglas & Friends Presented by Lexus
- At Trump National Golf Club - What: Lexus is presenting sponsor of the celebrity golf event for the fifth consecutive year and will host the Lexus Celebrity Putting Challenge to benefit The Motion Picture & Television Fund (MPTF). Celebrity teams will putt to win cash and a one-year lease of a Lexus GS 450h hybrid pe ... Continue reading
CSK Auto Continues Growth in Key Western Markets
PHOENIX--April 27, 2006--CSK Auto, Inc. , operator of more than 1,270 Checker, Schuck's, Kragen, and Murray's auto parts stores throughout 22 Western and Midwestern states, celebrated the grand opening of 11 new Denver-area and Salt Lake-area stores in March and early April. "We are opening stores in existing markets l ... Continue reading
Hantler to Discuss Tort Reform, DaimlerChrysler's Campaign Against Frivolous Litigation LOS ANGELES, April 27 -- At the May 2 Motor Press Guild (MPG) luncheon, nationally renowned tort reform expert Steven B. Hantler, associate general counsel for DaimlerChrysler, will discuss legal reform as it relates to the automoti ... Continue reading
DENSO Announces Year-end Financial Results
Net Sales, Operating Income and Net Income Hit Record High TOKYO, April 27 -- DENSO Corporation today announced global financial results for the fiscal year ended March 31, 2006: * Consolidated net sales totaled 3,188.3 billion yen (US$27.3 billion), a 13.9 percent increase from the previous year. * Consolidated operat ... Continue reading
DENSO Announces Management Changes
Changes affect Board of Directors and Managing Officers TOKYO, April 27 -- DENSO Corporation today announced changes to its board of directors and managing officers. Changes will take place after the annual shareholders meeting on June 27. New Directors appointed to the Board: Shinro Iwatsuki, Executive Vice President ... Continue reading
Congressional Support Tops 100 for 'Right to Repair Act'
102 Sponsors Support H.R. 2048 BETHESDA, Md., April 27 -- Congressional support for the Motor Vehicle Owners' Right to Repair Act (H.R. 2048) has reached more than 100 sponsors, it was announced today by Kathleen Schmatz, president and CEO of the Automotive Aftermarket Industry Association (AAIA). "This is a significan ... Continue reading
PORTLAND, Ore.--April 27, 2006--The Progressive Corporation of all crash claims handled by Progressive are considered minor in terms of repair costs since they cause less than $2,000 in damage per vehicle, but the time and inconvenience caused is anything but minor. In general, many drivers who have been involved in ac ... Continue reading
Mercedes-Benz USA Donates $1 Million to EIF's National Arts and Music Education Initiative MONTVALE, N.J., April 27 -- Eric Clapton has been named the new ambassador for the Entertainment Industry Foundation's National Arts and Music Education Initiative (EIF's NAMEI), and they join with Mercedes-Benz USA in a charitab ... Continue reading
Government Study Finds Passenger Vans Among the Safest Commuting Vehicles, Reports VPSI
TROY, Mich., April 27 -- Recent research conducted by the National Highway Traffic Safety Administration (NHTSA) studied occupant fatality rates of vehicles by size and type and found that "in all fatal crashes, when broken down by size, compact cars have the highest occupant fatality rate while the 'large vans' catego ... Continue reading
A Chronicle of Major Milestones in the History of the International Nameplate Auto Industry in the U.S. Every Monday throughout the month of May AIADA will take a look back at the history of the international nameplate automobile industry through a series of feature articles, which explore the significant roads that le ... Continue reading
Study: Diesel Cars Have Increased Presence on U.S. Roads
Washington DC April 27, 2006; The AIADA newsletter reported that the number of registered diesel powered cars, trucks, and SUVs in the U.S. rose 80 percent between 2000 and 2005, according to data released yesterday by the Diesel Technology Forum, a diesel advocacy group. Last year, 543,777 new diesel vehicles were reg ... Continue reading
Ford Greener Miles Program Launched
FORD AND TERRAPASS LAUNCH "GREENER MILESâ¢" CUSTOMER CARBON OFFSET PROGRAM Windmill farm in Ainsworth, Nebraska--one of the clean energy projects subsidized by TerraPass purchases. Greener Miles⢠invites vehicle owners to go online to create a personal emissions report, learn about ecodriving and balance out t ... Continue reading
Automotive Market for Color Displays To Triple Over Next 5 Years
BOSTON--April 27, 2006--The new Strategy Analytics report, "Automotive Displays - Position and Information Content are the Key Issues Not Screen Size," concludes that decreasing LCD costs and increasing availability of new features on in-vehicle navigation, entertainment and driver information systems are the key facto ... Continue reading
Progress Continues in Development of Additional Applications for Company's Advanced Thermoelectric Technologies NORTHVILLE, Mich., April 27 -- Amerigon Incorporated , a leader in developing products based on advanced thermoelectric (TE) technologies for a wide range of global markets and applications, today reported co ... Continue reading
GRAND RAPIDS, Minn.--April 27, 2006--ASV, Inc. today reported results for its first quarter ended March 31, 2006. Net sales for the first quarter of 2006 increased 22% to $64.9 million, compared to $53.2 million for the same period in 2005. Assisted by a strong improvement in gross profit percentage, net earnings incre ... Continue reading
Brilliance China Automotive Holdings Limited Notice of Annual General Meeting
HONG KONG, April 27 /Xinhua-PRNewswire-FirstCall/ -- The following was released today by Brilliance China Automotive Holdings Limited : BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) (Stock Code: 1114) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an annual ... Continue reading
DURA Automotive Reports First Quarter 2006 Results
ROCHESTER HILLS, Mich.--April 27, 2006--DURA Automotive Systems, Inc. , today reported revenues of $584.4 million for the first quarter ended April 2, 2006 compared to $620.0 million in the prior year quarter. Net loss for the quarter was $7.0 million, or $0.38 per diluted share, compared to a net loss of $4.8 million, ... Continue reading
Freescale to Present at 2006 Credit Suisse Semiconductor and Semi Cap Equipment Conference
AUSTIN, Texas--April 27, 2006--Franz Fink, senior vice president and general manager of Freescale Semiconductor's Wireless & Mobile Solutions Group, will speak about the company at the 2006 Credit Suisse Semiconductor and Semi Cap Equipment Conference in New York City at 11 Madison Avenue. Fink will speak at 9:45 a.m. ... Continue reading
Improved Finance Schemes Encourage the Global Automotive and POS Finance Markets
LONDON, April 27 -- The global point-of-sale (POS) finance market for the automotive industry is experiencing high growth rates with reduced interest rates and end users warming up to the concept of borrowing money from finance companies to buy automobiles. The market is all set to expand exponentially in both western ... Continue reading
Infinity Property and Casualty Reports 21% Increase in Net Earnings
BIRMINGHAM, Ala., April 27 -- Infinity Property and Casualty Corporation , a national provider of personal automobile insurance with a concentration on nonstandard auto insurance, today reported for the first quarter of 2006: Three Months Ended March 31, (in millions, except per share amounts and ratios) 2006 2005 % Ch ... Continue reading
CHICAGO, April 27 -- LKQ Corporation today announced results for its first quarter ended March 31, 2006, with revenue of $192.1 million, net income of $12.1 million and diluted earnings per share of $0.22. (Logo: http://www.newscom.com/cgi-bin/prnh/20051017/LKQLOGO ) "Overall, we were quite pleased with the performance ... Continue reading
SAN MARCOS, Calif.--April 27, 2006--Mattman Specialty Vehicles, Inc. (OTC:MMSV) (www.mattmanvehicles.com) is proud to announce it is once again being recognized as the quality leader of its industry with the award of two contracts this week for its specialty vehicles. The first order is from a repeat customer, the New ... Continue reading
Mytyres Congratulates the 1,000th Fitting Partner in the UK
HANNOVER, Germany and GLASGOW, Scotland, April 27 -- - With Photo Delticom, European market leader in the online tyre trade(1), welcomes the 1,000th fitting partner, Robert Henderson from Summerlea Garage in Glasgow, who has joined the company in the UK. The advantages for those who become a fitting partner with Deltic ... Continue reading
OEConnection and Tire Distributors Automate Order Replenishment for Automotive Dealerships
RICHFIELD, Ohio, April 27 -- Automotive dealerships, the fastest growing sales channel for tire distributors, can now benefit from automatic, just-in-time order creation and fulfillment with their preferred tire suppliers. OEConnection LLC, a leader in ecommerce parts exchange and analysis solutions for the automotive ... Continue reading
THOMASVILLE, N.C.--April 27, 2006--Old Dominion Freight Line, Inc. today announced financial results for the first quarter ended March 31, 2006. The Company produced record revenue from operations of $291,631,000, an increase of 23.2% from $236,770,000 for the first quarter of 2005. Net income increased 39.4% to $13,02 ... Continue reading
Snap N' Sold Announces Grand Opening of New Location on May 5th, 2006
PALM HARBOR, Fla.--April 27, 2006--Snap N' Sold Corp. (Pink Sheets:SNPD) announced today that the Company will be opening a new retail storefront on May 5th, 2006. The new 1800 Square foot Snap N' Sold store, located in the Key West Shopping Center at 2706 Alt 19 (corner of Alderman Rd.) in Palm Harbor, FL will functio ... Continue reading
Superior Industries Named a Strategic Supplier to Ford Motor Company
VAN NUYS, Calif.--April 27, 2006--Superior Industries International, Inc. announced today that it has been named a Strategic Supplier to Ford Motor Company. "We are fully committed to the success of Ford's Aligned Business Framework," said Steven Borick, President and Chief Executive Officer of Superior. "We know that ... Continue reading
Tenneco Reports First Quarter Results
-- Cash flow from operations improves $73 million year-over-year -- European segment EBIT up 45% -- North American aftermarket improves; revenue up 8% -- Debt net of cash down $52 million year-over-year LAKE FOREST, Ill., April 27 -- Tenneco Inc. reported first quarter 2006 net income of $7 million, or 14-cents per dil ... Continue reading
DES PLAINES, Ill., April 27 -- Wheels, Inc., a leader in the multi-billion-dollar fleet-leasing industry, today announced that Frank Consolidated Enterprises, the parent company for Wheels, has been recognized on Crain's Chicago Business 2006 list of Chicago's largest privately held companies. The list, which is compil ... Continue reading
White River Capital, Inc. Announces Results for the 1st Quarter of 2006
INDIANAPOLIS--April 27, 2006--White River Capital, Inc. (Pink Sheets:WRVC): -- Net Income for the First Quarter of 2006 Totaled $1.1 Million White River Capital, Inc. (Pink Sheets:WRVC) ("White River") today announced net income for the first quarter 2006 was $1.1 million, or $0.29 per diluted share, compared to a firs ... Continue reading
World Fuel Services Corporation Conference Call Advisory
MIAMI, April 27 -- World Fuel Services Corporation invites you to participate in a conference call with its management team to discuss the Company's results for its first quarter of 2006, which it plans to release on Wednesday, May 10, 2006, after the close of the market. WHEN: Thursday, May 11, 2006, at 11:00 AM EDT D ... Continue reading
Commercial-Free Premiere Episode Presented by Dodge and Quiznos NEW YORK, April 27 -- Turner Entertainment Ad Sales and Marketing announced today the multi-platform client partnerships around TNT's original drama series SAVED which includes Dodge and Quiznos as sponsors for the uninterrupted, commercial-free premiere e ... Continue reading
Highway Safety Leaders Demo Safety Measures for Area Drivers
National Share the Road Safety Tour Visits Phoenix to Save Lives on Area Highways On a typical day as many as 295,000 vehicles travel I-10 through Phoenix. Most automobile drivers are not aware of what they can do to avoid crashes with tractor-trailers. Who: State Senator Thayer Vershoor, State Representative Andy Bigg ... Continue reading
In Wake of High Gas Prices, Demand for Diesel Cars and SUVs Jumped 31 Percent in 2005
President Bush Promotes Expanded Incentives to Encourage Purchase of Fuel-Efficient Clean Diesels WASHINGTON, April 27 -- With oil costs shattering records and gasoline prices causing concerns nationwide, savvy American consumers are increasingly turning to diesel-powered vehicles as a fuel-sipping alternative to gasol ... Continue reading
What: A Fuel Cell Car Competition for middle school students. Teams will race to see who has built the best model car. The contest is part of the Chicago Regional Science Bowl sponsored by the U.S. Department of Energy and Argonne National Laboratory. When: Saturday, April 29, with registration at 9:30 a.m. and racing ... Continue reading
Chrysler 300 Driving Chrysler Brand Success
AUBURN HILLS, Mich., April 27 -- Big news from Dodge and Jeep(R) has overshadowed Chrysler-branded vehicles in recent months, but that's about to change. U.S. sales of the Chrysler 300 surpassed the 300,000 mark in April 2006, making it the quickest Chrysler brand vehicle to reach the milestone in 25 months. This comes ... Continue reading
Admiral Vern Clark to Join Rolls-Royce North America Board
CHANTILLY, Va., April 27 -- Rolls-Royce, world-leading provider of power systems and services for use on land, at sea and in the air, today welcomed Admiral Vern Clark, U.S. Navy (Ret.) to the Board of Rolls- Royce North America Holdings Inc. Admiral Clark joins the Board after 37 years of distinguished service with th ... Continue reading
MOUNTAIN VIEW, Calif.--April 27, 2006--CustomerSat, Inc. announced strong revenue growth and significant customer wins in its 2006 fiscal year ending March 31, 2006. Organizations worldwide adopted the award-winning CustomerSat Enterprise(TM) hosted application for measuring, analyzing and driving action based on custo ... Continue reading
Secretary Land Proposes Improvements to Michigan's Driver Education Program
Goal: optimize system that trains 120,000 each year LANSING, Mich., April 27 -- Secretary of State Terri Lynn Land today proposed changes to Michigan's driver education program intended to strengthen the curriculum, improve driver and instructor training and establish consistency among public and private driving school ... Continue reading
The Timken Company Reports Strong First Quarter Results
CANTON, Ohio, April 27 -- The Timken Company today reported record first quarter sales of $1.35 billion, up 3 percent from the same period a year ago. First quarter net income increased 13 percent to $65.9 million, or $0.70 per diluted share, from $58.2 million, or $0.63 per diluted share, in the first quarter a year a ... Continue reading
ecomagination(sm) rolls forward; GE's NXT* Silanes Enhance Efficiency and Environmental Performance
WILTON, Conn.--April 27, 2006--GE has certified for official ecomagination status its NXT silane family of breakthrough coupling agents that are used in the production of silica tires to improve manufacturing efficiency and reduce emissions. NXT silanes met the environmental and operating performance criteria for GE's ... Continue reading
OSHKOSH, Wis.--April 27, 2006--Oshkosh Truck Corporation , announced today that its fire apparatus subsidiary, Pierce Manufacturing Inc., introduced a new Special Services Vehicle (SSV) for fire, rescue, government, homeland security and law enforcement markets. Introduced under Pierce's value-priced Contender(R) brand ... Continue reading
AutoNation Reports First-Quarter Earnings From Continuing Operations of $0.37 Per Share
* Record first-quarter operating income of $203 million * Revenue growth of 4% * Premium luxury new vehicle revenue up 15% FORT LAUDERDALE, Fla., April 27 -- AutoNation, Inc. , America's largest automotive retailer, today reported 2006 first- quarter net income from continuing operations of $98 million or $0.37 per sha ... Continue reading
BorgWarner Reports Record Sales in the First Quarter
Sales and Earnings Growth Continue to Outpace the Industry AUBURN HILLS, Mich., April 27 -- BorgWarner Inc. today reported solid results for the first quarter of 2006. The powertrain systems supplier delivered sales and earnings growth that outpaced the industry's growth around the world. BorgWarner's technology leader ... Continue reading
LONDON, April 27 -- Sun European Partners, LLP, the European advisor to Sun Capital Partners, Inc. ("Sun Capital"), today announced that one of its affiliates, LDV Group Limited ("LDV"), has acquired 80.1% of the share capital of Stadco Birmingham Pressings ("SBP") from Stadco Holdings Ltd, increasing LDV's ownership o ... Continue reading
Fluent gains Privileged Partner Status with PSA Peugeot Citroen for Fluid Flow Simulations
LEBANON, N.H.--April 27, 2006-- FLUENT CFD software ported onto a dedicated 400 Processor Linux Cluster from AMD Fluent Inc., the worldwide leader in computational fluid dynamics (CFD) software and services, announces today a unique partnership with a leading French automotive manufacturer, PSA Peugeot Citroen, culmina ... Continue reading
SANTA MONICA, Calif.--April 27, 2006--This month's new vehicle sales (including fleet sales) are expected to be 1.43 million units, a six percent decrease from March 2006, according to Edmunds.com, the premier online resource for automotive information. This amounts to a seasonally adjusted annual rate (SAAR) of 16.6 m ... Continue reading
Oshkosh Truck Subsidiary Pierce Introduces New 100-Foot Aluminum Aerial Ladder
OSHKOSH, Wis.--April 27, 2006--Oshkosh Truck Corporation , announced today that its fire apparatus subsidiary, Pierce Manufacturing Inc., has expanded its aerial product line with the introduction of a 100-foot heavy-duty aluminum aerial ladder. The aerial delivers the highest distributed load ratings of any aluminum l ... Continue reading
Autobytel Inc. Announced as Finalist for Innovative Product Award
IRVINE, Calif.--April 27, 2006--Autobytel Inc. was announced Wednesday as a finalist for Innovative Product (2005) by the Orange County council of AeA--the largest technology trade association in the United States. Autobytel was recognized for the development of its advanced proprietary search engine marketing technolo ... Continue reading
Dover Motorsports, Inc. Reports Results for the Quarter Ended March 31, 2006
DOVER, Del., April 27 -- Dover Motorsports, Inc. today reported its results for the quarter ended March 31, 2006. The first quarter historically results in a loss for the Company due to the seasonality of the motorsports business. No major motorsports events were held during the first quarter of 2006 whereas one major ... Continue reading
Spartan Motors Reports Record Sales, Doubles Earnings in First Quarter
Consolidated Backlog Up 35.1 Percent; Return on Invested Capital Improves 94.6 Percent CHARLOTTE, Mich., April 27 -- Spartan Motors, Inc. today reported its best-ever quarterly results, highlighted by a 119 percent increase in net earnings on a 16.6 percent increase in net sales for the first quarter ended March 31, 20 ... Continue reading
Asbury Automotive Group Reports First Quarter Financial Results
Income from Continuing Operations Increases 19%, Excluding 2006 Stock-Based Compensation and 2005 Restructuring Costs Adjusted SG&A as a Percent of Gross Profit Decreases 180 Basis Points NEW YORK, April 27 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today ... Continue reading
Spartan Motors Declares Regular Cash Dividend
CHARLOTTE, Mich., April 27 -- Spartan Motors, Inc. today announced its board of directors declared regular cash dividends of $0.22 per share of common stock for 2006. The Charlotte, Mich.-based manufacturer of custom motorhome chassis, fire truck chassis and emergency-rescue vehicles said the regular cash dividend of $ ... Continue reading
Hybrid Partnership: GM, DaimlerChrysler and BMW
Vienna, Apr 27, 2006 The state-of-the-art full hybrid system, whose components are being co-developed by General Motors Corp., DaimlerChrysler and the BMW Group for production beginning next year, represents a major automotive industry milestone due to the unprecedented fully integrated combination of electric motors w ... Continue reading
DaimlerChrysler: Operating Profit Up to $1,082 Million in First Quarter
- Net income of $363 million - Earnings per share of $0.35 - Increase in revenues to $45.1 billion - Operating profit of more than $7.3 billion anticipated for full year 2006 STUTTGART, Germany, April 27 -- DaimlerChrysler recorded an operating profit of $1,082 million in the first quarter of 2006 (Q1 2005: $762 millio ... Continue reading
Diesels - US Driver Want Them but Can't Get Them
In Europe, more than half of all vehicles are diesel-powered and offer 30% better fuel economy. Why can't the U.S. follow its example? April 27, 2006; Matt Vela writing for Business Week Online reported that: They stink. They're loud. And, worst of all, they're slow. So goes popular American opinion of diesel-powered a ... Continue reading
Ford Launching Reality Show on Designing Concept Vehicles
DEARBORN, Mich. April 27, 2006; The AP reported that if singing, cooking and clothing design can sell as reality TV, why not designing dream cars? Ford Motor Co., a sponsor of Fox's "American Idol" reality show, is planning its own television reality program in which the participants develop concept cars with Ford desi ... Continue reading
MECHATRONICS 2006 hits the ground running at Penn State Great Valley
MALVERN, PA - April 27, 2006: Automobiles like Jaguar and other high-end vehicles will soon survey the road and anticipate obstacles, stopping on a dime autonomously to prevent that near accident from becoming thousands of pounds of twisted steel wreckage. You can find information on how this happens at MX2006--MECHATR ... Continue reading
New Vehicle Only One Meter Wide Designed For Cities - VIDEO ENHANCED STORY
The vehicle combines the safety of a micro-car and the manoeuvrability of a motorbike, while being more fuel-efficient and less polluting than other vehicles. BATH, England - April 27, 2006: The CLEVER (Compact Low Emission Vehicle for Urban Transport) vehicle is a £1.5 million collaborative project involving nine E ... Continue reading
RVBuyingService.com Delivers Savings to Consumers Looking to Purchase a Recreational Vehicle
CINCINNATI--April 27, 2006--Automobile Consumer Services, Inc. (ACS), a leading provider of consumer automotive related services, has launched www.RVBuyingService.com. RVBuyingService.com offers free personal assistance with a motorhome purchase. Field-trained representatives help in the selection of a recreational veh ... Continue reading
Lear Honored by Volvo with Award of Excellence
SOUTHFIELD, MI - April 27, 2007: Lear Corporation was recently honored by Volvo Cars Corporation with the 2005 Volvo Cars Award of Excellence for outstanding contribution to the company's total business success during a recent award ceremony in Gothenburg, Sweden. Lear was honored for excellence in quality performance, ... Continue reading
The Club DNA - A New Way to Deter Auto Theft
SHARON, Pa., April 27 -- What does DNA have to do with deterring auto theft? Winner International introduces "The Club DNA Vehicle Etch Kit" to serve as a theft deterrent and a means to help track vehicles should one be stolen. In this case DNA not only refers to the unique codes used, but also serves as an acronym for ... Continue reading
Smart Car Rally ZAPs Gas Prices from NY to California
California automotive pioneer in national spotlight as gas prices climb NEW YORK - April 27, 2006: Automotive pioneer ZAP has announced that with the completion of the New York International Auto Show, a rally for the new Smart Car Americanized by ZAP is headed back to California to highlight a solution to record gas p ... Continue reading
Mazda Appoints New Distribution Company in Indonesia
Mazda appoints Wearnes International Group to establish the first Mazda dealership in Jakarta HIROSHIMA, Japan - April 27, 2006: Mazda Motor Corporation today officially announced its plans to re-enter the Indonesian market through the establishment of its wholly-owned distribution company, PT Mazda Motor Indonesia. In ... Continue reading
DaimlerChrysler's Bischoff Gets Board Post
FRANKFURT April 27, 2006; Reuters reported that DaimlerChrysler's supervisory board elected new member Manfred Bischoff to its influential presidential committee on Thursday, the world's fifth-biggest carmaker said. Bischoff, the chairman of aerospace group EADS and former head of Daimler's aerospace unit Dasa, is wide ... Continue reading
LONDON, April 27 -- The constant strive towards improved driving performance, increased operational comfort and both improved fuel efficiency and emission characteristics, are only some of the key reasons that have driven the evolution of today's transmission technologies market. Alternative transmission technologies s ... Continue reading
Stick Shift Lovers Arise Against Automatic Transmissions
COLDWATER, Mich., April 27 -- An organization of motorists with the passion to shift the manual transmission is making an assertive move against the world going completely automatic. The new Shiftyworld community brings together car lovers who stick staunchly by the interactive process of shifting gears manually. Infor ... Continue reading
Texas Commission on Environmental Quality Approves ORYXE Energy Alternative Diesel Fuel Formulation
IRVINE, Calif.--April 27, 2006--After passing several days of official emissions testing at West Virginia University, ORYXE Energy International's OR-LED alternative diesel fuel formulation received approval from the Texas Commission on Environmental Quality (TCEQ) for use in the Texas Low Emission Diesel (TxLED) marke ... Continue reading
LA Auto Club Warns Consumers to Beware of Gas Additives Claiming to Increase Mileage
LOS ANGELES--April 27, 2006--With gas prices at record high levels statewide, drivers may be tempted to buy gasoline additives that claim to improve vehicle mileage. The Automobile Club of Southern California is advising consumers that available gas additives are unlikely to save them money on gas. "The Auto Club has t ... Continue reading
CORNING, New York--27 apr. 2006 -- Corning Incorporated begint met de levering van een nieuwe, geavanceerde cordierietfilter voor dieselvoertuigen. De monolitische DuraTrap(R)-filters van Corning helpen bij de vermindering van brandstofverbruik. De DuraTrap AC-filters moeten op den duur op grote schaal gebruikt gaan wo ... Continue reading
Corning Introduces Next-Generation Cordierite Filter for Light-Duty Diesel Vehicles
CORNING, N.Y.--April 27, 2006--Corning Incorporated announced today that it will begin supplying a new, advanced cordierite diesel particulate filter to light-duty diesel vehicle manufacturers. Compared to traditional cordierite, Corning's monolithic DuraTrap(R) AC filters offer low pressure drop to help reduce fuel co ... Continue reading
STAMFORD, Conn.--April 27, 2006--Clean Diesel Technologies Inc. ("Clean Diesel") or (the "Company") (OTCBB:CDTI, AIM:CDT/CDTS and XETRA:CDI), a developer of technological solutions to reduce harmful engine emissions, announces that it is has expanded its market profile via the start of trading in the Company's shares o ... Continue reading
Ford Sales in Europe and Asia Blooming
By Mike Thomas, FCN As Ford Focus No. 100,000 rolls off the assembly line in St. Petersburg, Russia, it's a sure bet that someone somewhere will buy it. Ford's global sales are climbing in countries as far flung as Russia, Turkey, India and China. The increase in sales is being driven not only by popular products like ... Continue reading
Toyota Motor Manufacturing, Kentucky Honors Ten Suppliers Seven Suppliers from Kentucky
April 25, 2006 â Georgetown, KY - Ten parts and service suppliers of Toyota Motor Manufacturing, Kentucky, Inc. (TMMK) were recognized during the TMMK Annual Purchasing Policy Meeting and Awards Ceremony in Lexington, Ky. The awards acknowledge those suppliers that met TMMK's highest standards in management, cost, ... Continue reading
Tower Automotive Announces Leadership Changes in Its International Operations
NOVI, Michigan, April 26 -- Tower Automotive (OTC Bulletin Board: TWRAQ.PK) today announced that Dr. Gyula Meleghy, currently the president of Europe and South America for Tower Automotive, and Vincent Pairet, currently president of Asian Operations for Tower Automotive, will switch positions effective July 1, 2006. Dr ... Continue reading
OmniVision Expands Automotive CameraChip(TM) Family
SUNNYVALE, Calif., April 26 -- OmniVision Technologies, Inc. , a world leading supplier of CMOS image sensors, today launched its OV7949, the newest member of its automotive CameraChip family. The OV7949 is a new high-performance, highly-integrated analog CMOS image sensor based on OmniVision's proprietary OmniPixel(TM ... Continue reading
Noble International Posts First Quarter 2006 EPS of $0.22
WARREN, Mich., April 26 -- Noble International, Ltd. ("Noble" or the "Company") posted earnings of $3.1 million, or $0.22 per diluted share, for the first quarter ended March 31, 2006. These results are in line with management's guidance provided at the end of 2005. Noble's results for the quarter include the costs of ... Continue reading
HULKAMANINA KICKS OFF BUSY WEEK AT VERSATILE IRWINDALE SPEEDWAY
IRWINDALE, Calif. (April 27, 2006) â One thing for sure, there is never a dull moment at Irwindale Speedway. This weekâs schedule of activities is proof of how versatile the multi-purpose motor sports facility is. On Wednesday WWE wrestling legend Hulk Hogan and his son Nick visited Irwindale Speedway to film ... Continue reading
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Vehicle manufacturers and alt fuels.
