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February 2005

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Thursday, February 10, 2005

Some Manufacturers Offer Free History Reports On Certified Pre-Owned Vehicles

Some Manufacturers Offer Free History Reports On Certified Pre-Owned Vehicles

FAIRFAX, Va.--Feb. 10, 2005--Starting today, used car shoppers have free access to Carfax Vehicle History Reports for Audi, Chrysler, Dodge, Jeep and Saab Certified Pre-Owned (CPO) vehicles. Visitors to AutoTrader.com get on-the-spot vehicle history information direct from Carfax to make more informed buying decisions. ... Continue reading

GM Recall: Hummers, Cadillacs, Buicks, Chevrolets

GM Recall: Hummers, Cadillacs, Buicks, Chevrolets

DETROIT February 10, 2005; Reuters reported that General Motors Corp. is recalling more than 193,000 vehicles on the U.S. market to fix a variety of safety defects, federal safety regulators said Thursday. The National Highway Traffic Safety Administration said the recalls included one covering 155,465 pickup trucks, s ... Continue reading

ojpojU.S. Vehicle Sales Analysis GM Sales Performance - January 2005

ojpojU.S. Vehicle Sales Analysis GM Sales Performance - January 2005

FOR RELEASE: 2005-02-10 CONTACTS U.S. Vehicle Sales Analysis GM Sales Performance - January 2005 Industry selling comparable to year-ago: The cumulative selling rate for the industry during January was 16.7 million units (7.5 million cars and 9.2 million trucks). Performance was comparable to last January’s selli ... Continue reading

Crown Royal Becomes First Ever Spirits Company to Sponsor Nextel Cup Team

Crown Royal Becomes First Ever Spirits Company to Sponsor Nextel Cup Team

Defending Champion Kurt Busch Will Encourage Race Fans to 'Be A Champion. Drink Responsibly.' DAYTONA BEACH, Fla., Feb. 10 -- Reigning Nextel Cup champion Kurt Busch will begin his quest for back-to-back championships this weekend during the preseason Bud Shootout in the colors of new sponsor Crown Royal. In the proces ... Continue reading

Honda to Be Vehicle Manufacturer of the Show for 2005 SEMA Show

Honda to Be Vehicle Manufacturer of the Show for 2005 SEMA Show

All-New 2006 Civic to Be Vehicle of the Show; Civic Si Coupe set to Make World Debut at SEMA CHICAGO, Feb. 10 -- Honda will be the Vehicle Manufacturer of the Show and the all-new 2006 Civic will be the Vehicle of the Show at the 2005 Specialty Equipment Market Association (SEMA) trade show in Las Vegas this November, ... Continue reading

Bosch Provides ESC Training Program For U.S. Dealers

Bosch Provides ESC Training Program For U.S. Dealers

BAUDETTE, Minn., Feb. 10 -- Robert Bosch Corporation today announced the launch of its new electronic stability control (ESC) training program aimed at automotive dealers. Called ESCential, the goal of the program is to educate dealer sales people on the active safety benefits of ESC. The training program, consisting o ... Continue reading

Solutia Automotive PVB to be Included on '06 Cadillac DTS

Solutia Automotive PVB to be Included on '06 Cadillac DTS

Saflex(R) interlayer product will be used in all four doors as security enhancement CHICAGO, Feb. 10 -- The Cadillac DTS, unveiled yesterday at the Chicago Auto Show, will offer laminated glass side windows in all four doors as a standard feature when it goes on sale later this year. The windows will contain Solutia Au ... Continue reading

AutoCorp, a Homeland Security Company, Releases CEO's Letter to Shareholders

AutoCorp, a Homeland Security Company, Releases CEO's Letter to Shareholders

FRISCO, Texas--Feb. 10, 2005--AutoCorp Equities, Inc. (OTCBB:ACOR) (to be renamed Homeland Security Network, Inc. on or about February 28, 2005, "HSN") today released a letter sent by Charles Norman, CEO, to all shareholders. The complete text of the letter follows: AutoCorp Equities, Inc. 2500 Legacy, Suite 226 Frisco ... Continue reading

Freudenberg-NOK Names Hahn Vice President of Supply Chain Management

Freudenberg-NOK Names Hahn Vice President of Supply Chain Management

PLYMOUTH, Mich., Feb. 10 -- Freudenberg-NOK has named Thomas S. Hahn as vice president of supply chain management, a newly created position. The announcement was made by Dr. Mohsen Sohi, president and chief executive officer for the company. In his new position, Hahn will be responsible for leading supplier relationshi ... Continue reading

Cobasys Announces Organizational Changes

Cobasys Announces Organizational Changes

ORION, Mich., Feb. 10 -- Thomas Neslage, President and CEO of Cobasys, a leader in advanced nickel metal hydride (NiMH) battery system solutions, announced the following organizational changes today: Stephen M. Allen was named Vice President of Administration. Allen served as Vice President and Chief Financial Officer ... Continue reading

Solutia Automotive PVB Featured on All-New Buick Lucerne

Solutia Automotive PVB Featured on All-New Buick Lucerne

LeSabre, Park Avenue Replacement Features Laminated Glass on All Four Doors as Part of QuietTuning(TM) System CHICAGO, Feb. 10 -- As Buick continues to introduce new products to the market, its QuietTuning(TM) system becomes more of a hallmark for the up-scale nameplate. The latest to include the system is the Buick Lu ... Continue reading

DIRT MotorSports Announces Multi-Year Sponsorship Agreement; Hummers Gone Wild Named Official Pace Car of the World of Outlaws Series

DIRT MotorSports Announces Multi-Year Sponsorship Agreement; Hummers Gone Wild Named Official Pace Car of the World of Outlaws Series

NORMAN, Okla.--Feb. 10, 2005--Boundless Motor Sports Racing, Inc., (OTCBB:BMSR) (Boundless) d/b/a DIRT MotorSports(TM) , announced that Hummers Gone Wild (HGW), a subsidiary of Hummers Only LLC, has been named sponsor of the Official Pace Car of the 2005 World of Outlaws Sprint Series(R) and World of Outlaws Stacker 2( ... Continue reading

All-Terrain Super Truck Will Help Reach Wildfires Before Fires Can Reach Towns

All-Terrain Super Truck Will Help Reach Wildfires Before Fires Can Reach Towns

NEWTON, Texas, Feb. 10 -- Many times firefighting crews in remote areas must let fires burn close to the roads or towns before they start fighting them, because the terrain is too rough to directly attack the fire. Homeland Specialty Vehicles, Newton, Texas, believes its Equalizer Fire Truck -- a five-ton, all-terrain ... Continue reading

Bosch Reaches 10 Year Production Milestone For Electronic Stability Control

Bosch Reaches 10 Year Production Milestone For Electronic Stability Control

BAUDETTE, Minn., Feb. 10 -- In 2005, Bosch celebrates the 10th anniversary of manufacturing electronic stability control (ESC) for the global passenger vehicle industry. Bosch was first to bring ESC to market on the 1995 Mercedes-Benz S-Class and in the past 10 years has produced 15 million ESC systems worldwide. Durin ... Continue reading

Raser Technologies Inc. Awarded U.S. Department of Energy Grant

Raser Technologies Inc. Awarded U.S. Department of Energy Grant

PROVO, Utah--Feb. 10, 2005--Raser Technologies Inc. (OTCBB: RSTG), a technology licensing company that develops advanced electric motor and controller technology to improve operational performance of electric motors and controllers worldwide, today announced that the U.S. Department of Energy (DOE), has selected Raser ... Continue reading

Aqua Xtremes' Revolutionary Xboard to Be Featured at the Miami International Boat Show at the Miami Beach Convention Center February 17-21

Aqua Xtremes' Revolutionary Xboard to Be Featured at the Miami International Boat Show at the Miami Beach Convention Center February 17-21

RENO, Nev.--Feb. 10, 2005--Aqua Xtremes Inc., a subsidiary of Nova Communications Ltd. (OTCBB:NVAC), announced today it will be featuring its revolutionary Xboard(TM) at the Miami International Boat Show February 17-21. Many people have expressed the desire to feel the experience, the thrill, and the exhilaration of ri ... Continue reading

BorgWarner Produces Millionth Visctronic(R) System

BorgWarner Produces Millionth Visctronic(R) System

AUBURN HILLS, Mich., Feb. 10 -- The millionth Visctronic(R) engine cooling system was produced this week at BorgWarner Emissions/Thermal Systems in Fletcher, North Carolina. BorgWarner Visctronic is a patented, revolutionary product that combines proven viscous technology with innovative precision electronic controls. ... Continue reading

CreditSights 2005 Auto Outlook and Relative Value Opportunities

CreditSights 2005 Auto Outlook and Relative Value Opportunities

NEW YORK--Feb. 10, 2005--CreditSights will be presenting its 2005 Auto Sector Outlook and Relative Value Opportunities on Thursday, February 10, 2005 at 11 AM EST. Mike Ward, Senior Autos Analyst and Glenn Reynolds, CreditSights' CEO, will host the webcast. The presentation will have accompanying slides and there will ... Continue reading

DURA Automotive Reports Fourth Quarter and Full-Year 2004 Results

DURA Automotive Reports Fourth Quarter and Full-Year 2004 Results

ROCHESTER HILLS, Mich.--Feb. 10, 2005--DURA Automotive Systems, Inc. , today reported revenues of $582.8 million for the fourth quarter ended December 31, 2004, compared to $627.2 million in the prior-year quarter. Including a pretax facility consolidation charge of $3.7 million, the net income for the quarter was $1.9 ... Continue reading

Ford Offers 'Green' to Get 'Green,' in Hip Environmental Elementary School Contest

Ford Offers 'Green' to Get 'Green,' in Hip Environmental Elementary School Contest

* Ford Motor Company, with the help of popular television personalities Paul DiMeo and Constance Ramos of ABC's Extreme Makeover: Home Edition, is calling for entries in its Radical Renovation: School Edition contest. * Ford has partnered with National Geographic to promote the hip contest and teach grade-school studen ... Continue reading

Hickok Incorporated Reports First Quarter Operating Results

Hickok Incorporated Reports First Quarter Operating Results

CLEVELAND, Feb. 10 -- Hickok Incorporated , a Cleveland-based supplier of products and services for automotive, locomotive, and aircraft industries, today reported operating results for its fiscal 2005 first quarter ended December 31, 2004. For the quarter ended December 31, 2004, the Company recorded a net loss of $48 ... Continue reading

Key Microsoft Partner Launches ERP Product for the Metals Industry; Axentia Announces Availability of JustMetalsERP Building on Industry Experience

Key Microsoft Partner Launches ERP Product for the Metals Industry; Axentia Announces Availability of JustMetalsERP Building on Industry Experience

ALLENTOWN, Pa.--Feb. 10, 2005--Axentia Solutions Corp., a key Microsoft ERP partner, announces the availability of a software solution for the fabricated metals industry. "Until now, the list of software options available to companies in the metals industry has been short," says David Pilz, Partner at Axentia. "Either ... Continue reading

Lear Corporation Appoints Henry Wallace to Board of Directors

Lear Corporation Appoints Henry Wallace to Board of Directors

SOUTHFIELD, Mich., Feb. 10 -- Lear Corporation today announced that Henry D. G. Wallace has been appointed to Lear's Board of Directors, effective immediately. Wallace retired as a senior executive from Ford Motor Company in 2001, following a 30-year career with the automaker. He recently served as group vice president ... Continue reading

Littelfuse Reports Fourth Quarter and 2004 Results

Littelfuse Reports Fourth Quarter and 2004 Results

DES PLAINES, Ill.--Feb. 10, 2005--Littelfuse, Inc. today reported sales and earnings for the fourth quarter and full year 2004. Sales for the fourth quarter of 2004 were $124.1 million, a 22% increase from sales of $102.0 million in the fourth quarter of 2003. The acquisition of a majority interest in Heinrich Industri ... Continue reading

Medallion Completes Initial Stock Repurchase Program

Medallion Completes Initial Stock Repurchase Program

Second Authorized Program Commences NEW YORK, Feb. 10 -- Medallion Financial Corp. , a specialty finance company with a leading position servicing the taxicab industry, and targeted niche markets in commercial and consumer finance, announced that it has completed its $10,000,000 stock repurchase program. Medallion has ... Continue reading

Quixote Corporation Announces Completion of $40 Million Private Placement of Convertible Subordinated Notes

Quixote Corporation Announces Completion of $40 Million Private Placement of Convertible Subordinated Notes

CHICAGO, Feb. 10 -- Quixote Corporation today announced that effective February 9, 2005 it sold $40 million of 7% Convertible Senior Subordinated Notes due February 15, 2025 in a private placement. Under the terms of the private placement, the investors may convert the Notes into the Company's common stock at any time ... Continue reading

Valeo - 2004 Results

Valeo - 2004 Results

PARIS, February 10 -- Following a meeting of the Board of Directors, Valeo announced its audited results for 2004. ----------------------------------------------------------------------- -- In millions of First nine 4th 2004 2003 Change euros months 2004(1) Quarter 2004(1) ---------------------------------------------- ... Continue reading

Valeo: Impact of the Transition to IFRS on Opening Equity

Valeo: Impact of the Transition to IFRS on Opening Equity

PARIS, February 10 -- Following a meeting of its Board of Directors, Valeo presents its IFRS opening stockholders' equity at 1 January 2004 - the date of the transition to the new standards. This has been validated by the Statutory Auditors and the Audit Committee. In accordance with the IFRS first-time adoption guidel ... Continue reading

Vibracoustic North America L.P. Acquires Gates AirSprings

Vibracoustic North America L.P. Acquires Gates AirSprings

NVH Supplier Expands Air Spring Technology Offering for Auto and Truck Markets; Gains North American Production Capability PLYMOUTH, Mich., Feb. 10 -- Vibracoustic North America, L.P., the vibration control business of Freudenberg-NOK, announced today that it has acquired the assets of Gates AirSprings, a division of D ... Continue reading

Xcelplus Signs First Major Export Distribution Agreement in Thailand

Xcelplus Signs First Major Export Distribution Agreement in Thailand

SALUDA, Va.--Feb. 10, 2005--Xcelplus International Inc (PINK SHEETS: XLPI), Xcelplus International (http://xcelplus.com) announced today that a contract for distribution for Thailand, The Philippines, Malaysia and Indonesia for the Xcelplus line of products has been signed. GFRS Inc. of Thailand is the distributor that ... Continue reading

No Valentine? Edmunds.com Announces the Top 10 Cars for Those Driving Single on the Highway of Love

No Valentine? Edmunds.com Announces the Top 10 Cars for Those Driving Single on the Highway of Love

SANTA MONICA, Calif., Feb. 10 -- Edmunds.com, the premier online resource for automotive information, today announced its recommendations for the Top 10 Cars To Drive if You Don't Have a Date on Valentine's Day. The full story can be read at: http://www.edmunds.com/reviews/list/top10/104604/article.html? (Logo: http:// ... Continue reading

iCarMagic Selected by Vehix.com

iCarMagic Selected by Vehix.com

NOVATO, Calif.--Feb. 10, 2005--iCarMagic LLC, a leading customer relationship management (CRM) software provider, today announced that it has entered into an exclusive reseller agreement with Vehix.com, a leading automotive sales program and portal that provides consumers with a one-stop source of vehicle research info ... Continue reading

2005 Audi A6 3.2 Quattro Review

2005 Audi A6 3.2 Quattro Review

DRIVING DOWN THE ROAD WITH CAREY RUSS 2005 Audi A6 3.2 Quattro AT6 If Audi is not the best-known of the premium German automakers - yet - it is the most influential throughout the industry in styling, interior design, and drive technology. And most of that influence was has been way of the second-generation A6 sedan, i ... Continue reading

2005 Chicago Auto Show: World's Largest Production Pickup Truck Gains Sidekick With Introduction of International RXT

2005 Chicago Auto Show: World's Largest Production Pickup Truck Gains Sidekick With Introduction of International RXT

International Truck and Engine Corporation Showcases International(R) RXT, CXT, Pre-Production Prototype and Concept Trucks at Chicago Auto Show CHICAGO, Feb. 10 -- International Truck and Engine Corporation, the operating company of Navistar International Corporation and a leading truck manufacturer, has unveiled the ... Continue reading

2005 Chicago Auto Show: Honda Civic Si Concept Makes World Debut at Chicago Auto Show

2005 Chicago Auto Show: Honda Civic Si Concept Makes World Debut at Chicago Auto Show

200HP Civic Si Concept Points at Future Direction for New 2006 Civic Si Coupe CHICAGO, Feb. 10 -- The Civic Si Concept, making its world debut today at the Chicago Auto Show, provides a strong indication of the styling and performance direction for an all-new production Civic Si Coupe scheduled to debut later this year ... Continue reading

2005 Chicago Auto Show: Dodge Introduces Nitro Concept Vehicle

2005 Chicago Auto Show: Dodge Introduces Nitro Concept Vehicle

Full-Size Attitude in a Mid-Size SUV AUBURN HILLS, Mich., Feb. 10 -- What happens when you bring the Dodge brand's "Grab Life by the Horns" attitude to the mid-size SUV market? You get the Dodge Nitro concept. Making its debut at the 2005 Chicago Auto Show, the Dodge Nitro is a mid-size SUV concept with a uniquely bold ... Continue reading

Automotive Hall of Fame Adds Directors, Names New Chairman

Automotive Hall of Fame Adds Directors, Names New Chairman

DEARBORN, Mich., Feb. 10 -- The Automotive Hall of Fame has added six individuals to its Board of Directors and has named Rod Alberts, Executive Director of the Detroit Automobile Dealers Association (DADA), as its new Chairman. Joining the Board are William Chapin, President, Chapin & Co.; Robert Fessenmyer, President ... Continue reading

APA Search Launches New Program to Match Automotive Industry Companies With "Hidden", Exceptional Candidates.

APA Search Launches New Program to Match Automotive Industry Companies With "Hidden", Exceptional Candidates.

Armonk, NY -February 7, 2005 - APA Search, Inc., the automotive industry's leading retained executive search firm, announces a new service that will provide hiring companies with access to the industry's top, "hidden" talent. The name of the new service is "APA Select." Profiles of these individuals are available on th ... Continue reading

2005 Chicago Auto Show: 2006 Mercury Milan Premium Mid-Size Sedan Debuts

2005 Chicago Auto Show: 2006 Mercury Milan Premium Mid-Size Sedan Debuts

By: Brad Nevin | Ford Communications Network The 2006 Mercury Milan is an upscale and expressive, yet affordable, five-passenger mid-size sedan. For more information on Mercury, visit mercuryvehicles.com. CHICAGO, Feb. 9, 2005 -- The all-new 2006 Milan, introduced at the Chicago Auto Show, accelerates Mercury's growth ... Continue reading

Honda Philippines Motorcycle Production Reaches One Million Milestone

Honda Philippines Motorcycle Production Reaches One Million Milestone

Manila, Philippines, Feb 10, 2005 - (JCN Newswire) - Honda Philippines, Inc., Honda's motorcycle production and sales and power product sales subsidiary in the Philippines, today commemorated the cumulative production of 1 million motorcycles. In addition, the company announced a plan to relocate its production operati ... Continue reading

Chevrolet, NHTSA, NASCAR & National SAFE KIDS Campaign Collaborate

Chevrolet, NHTSA, NASCAR & National SAFE KIDS Campaign Collaborate

WASHINGTON, Feb. 10, 2005; A coalition of government, business, advocacy and sport today announced new television spots promoting the use of safety belts and the proper use of child safety seats. The Chevrolet Division of General Motors is working with the National Highway Traffic Safety Administration (NHTSA) and the ... Continue reading

DaimlerChrysler achieves an operating profit of $7.8 billion

DaimlerChrysler achieves an operating profit of $7.8 billion

* Net income of $3.3 billion (2003: $0.6 billion) * Earnings per share of $3.29 (2003: $0.60) * Revenues up 4% to $192.3 billion * Operating Profit in 2005 expected to be slightly higher than in 2004 STUTTGART, Germany and AUBURN HILLS, Mich., Feb. 10 -- DaimlerChrysler has today published its preliminary consolidated ... Continue reading

2005 CHICAGO AUTO SHOW: Mazda Shows RX-8 "SHINKA" Special Edition

2005 CHICAGO AUTO SHOW: Mazda Shows RX-8 "SHINKA" Special Edition

– Limited Production RX-8 Combines Enhanced Luxury with Rotary Power – CHICAGO – Coinciding with the opening of the 2005 Chicago Auto Show, Mazda today announced its RX-8 "SHINKA" Special Edition is now available at local Mazda dealers. The Mazda RX-8 "SHINKA" Special Edition takes its name from the J ... Continue reading

Saab Announces 9-7X SUV Pricing

Saab Announces 9-7X SUV Pricing

DETROIT, Mich. -- The all-new Saab 9-7X goes on sale in the United States this spring with very attractive pricing. Saab's first-ever SUV will come in two models: the Linear, priced at $38,990.00 and the Arc, priced at $40,990.00. Both MSRP's include a $720.00 destination charge. The 9-7X SUV is just one part of the mo ... Continue reading

Cruz Pedregon Poised For Productive 2005 Season

Cruz Pedregon Poised For Productive 2005 Season

NHRA 2005 NOTES & QUOTES 45th Annual K&N Filters NHRA Winternationals Pomona Raceway ­ Pomona, California Advance Auto Parts Nitro Funny Car - Pedregon Racing NHRA POWERade Drag Racing Series Cruz Pedregon Poised for Productive 2005 Season NHRA Opens 2005 Season at Famed Pomona Raceway POMONA, Calif. (Feb. 9, 2005) ­ ... Continue reading

Ten Truck Dealers Sue Detroit Engine Maker

Ten Truck Dealers Sue Detroit Engine Maker

DETROIT February 9, 2005; The AP reported that ten truck dealers sued Detroit Diesel Corp. on Wednesday, saying the heavy-duty engine maker violated federal antitrust laws by organizing an illegal boycott and price-fixing scheme. The lawsuit was filed in Philadelphia on behalf of dealers for Volvo Trucks Inc. and Inter ... Continue reading

Hendrick y el Equipo Lowe's Seleccionan a Adrián Fernández Para la Carrera de México de la Serie Busch de NASCAR

Hendrick y el Equipo Lowe's Seleccionan a Adrián Fernández Para la Carrera de México de la Serie Busch de NASCAR

- El Piloto más popular de México debuta en su ciudad natal en México - CONCORD, Carolina del Norte, 9 de febrero /PR Newswire/ -- Lowe's y Hendrick Motorsports anunciaron el miércoles que la estrella mexicana de autos tipo fórmula Adrián Fernández conducirá el Lowe's/Hitachi Power Tools Chevrolet No. 5, en la ... Continue reading

Autobytel Announces 2005 Editors' Choice Awards

Autobytel Announces 2005 Editors' Choice Awards

Chrysler 300 and Toyota Tacoma Voted Top Car and Truck of the Year; Awards Focus on Value and Quality - for the 'Real World' Car Buyer CHICAGO, Feb. 9 -- Autobytel Inc. , the most visited automotive property on the Internet(1), today announced its 2nd annual Editors' Choice Awards, presented to makers of the 2005 model ... Continue reading

Cellport Sues Porsche for Violation of Patents

Cellport Sues Porsche for Violation of Patents

BOULDER, Colorado, February 9 -- - Automaker is Charged With Unauthorized Use of Cellport's Patented 2-Part Telematics Architecture Cellport Systems, creator of a worldwide Personal Telematics patent portfolio for wireless handsets, has filed suit against Porsche North America Inc. for infringement of Cellport's propri ... Continue reading

Visteon Suspends Quarterly Cash Dividend

Visteon Suspends Quarterly Cash Dividend

VAN BUREN TOWNSHIP, Mich., Feb. 9 -- The Board of Directors of Visteon Corporation today announced a decision to suspend the company's quarterly cash dividend on its common stock. The previous quarterly dividend was $0.06 per share paid in December 2004. (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) ... Continue reading

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