Are Auto Makers Pressuring OE Suppliers to Shift Production Abroad ?
DETROIT, Feb. 12 -- Pressure to move automotive manufacturing jobs abroad will continue, despite federal and local government efforts to maintain or increase industry employment levels in the U.S., according to a report planned for release at the 2004 SAE (Society of Automotive Engineers) World Congress next month in D ... Continue reading
Accuride Corporation Reports Results for 2003
EVANSVILLE, Ind.--Feb. 12, 2004--Accuride Corporation today announced net sales of $94.4 million for the fourth quarter ended Dec. 31, 2003. This compares to net sales of $80.2 million for the fourth quarter of 2002, an increase of 17.7%. For the twelve months ended Dec. 31, 2003, net sales were $364.3 million compared ... Continue reading
Alias Awards $118,000 in Software to Students at World Automotive Design Competition
TORONTO--Feb. 12, 2004-- Three Are Recognized at Canadian Auto Show for Excellence in Digital Presentation of Future Car Concepts At today's World Automotive Design Competition, sponsored by the Canadian International Auto Show, students from Korea and China won powerful computer-aided design (CAID) software, valued at ... Continue reading
LOS ANGELES--Feb. 12, 2004-- SAM'S CLUB Expands Member Benefit Program to Address Critical Need of Small Business Base Answer Financial, provider of SAM'S CLUB Insurance Services program, and Zurich North America today announced a strategic marketing alliance to provide high quality commercial insurance products to sma ... Continue reading
Automotive Giant, Audi, Utilizes Open Text's Livelink Enterprise-wide
MUNICH, Germany--Feb. 12, 2004-- Livelink Drives Audi Collaboration and Competitive Intelligence Open Text(TM) Corporation (TSX:OTC), provider of Livelink(R), the leading collaboration and content management software for the global enterprise, announced today that Audi group extended its Livelink solution enterprise-wi ... Continue reading
Delphi Names Executives to Key European Assignments
Avila named managing director, Europe for Delphi Energy & Chassis; Chauvin retires after 40 years of service to the automotive industry TROY, Mich., Feb. 12 -- Jose Avila, 48, has been named managing director of Delphi Energy & Chassis' European Operations, effective March 1, 2004. He succeeds Dominique Chauvin, 63, wh ... Continue reading
DURA Automotive Reports Improved Fourth-Quarter and Full-Year Results
ROCHESTER HILLS, Mich.--Feb. 12, 2004--DURA Automotive Systems, Inc. , today reported revenues of $627.2 million for the fourth quarter ended December 31, 2003, up 9 percent compared to $576.5 million recorded in the prior-year period. Including a loss of $2.9 million from discontinued operations and a pretax facility ... Continue reading
Ford to Hold Fixed Income Meeting in Singapore
Malcolm Macdonald, vice president Finance and Treasurer of Ford Motor Company, will meet with fixed income investors in Singapore on Friday, February 20. Macdonald's presentation will begin at 12:45 p.m. (11:45 p.m., Feb. 19 EST) and last approximately one hour. Participants calling from the U.S. can access the listen- ... Continue reading
Ford to Hold Fixed Income Meeting in Tokyo
Malcolm Macdonald, vice president Finance and Treasurer of Ford Motor Company, will meet with fixed income investors in Tokyo on Tuesday, February 17. Macdonald's presentation will begin at 11:30 a.m. (9:30 p.m., Feb. 16 EST) and last approximately one hour. Participants calling from the U.S. can access the listen-only ... Continue reading
Goodyear Announces Proposed Private Secured Notes Offering
AKRON, Ohio, Feb. 12 -- The Goodyear Tire & Rubber Company today announced that it intends to commence a private offering of approximately $650 million aggregate principal amount of senior secured notes. The final principal amount and note maturities will be determined by market conditions. The senior notes are expecte ... Continue reading
Hanson Capital Partners, LLC Enters into Second Stock Sales Trading Plan
FOREST CITY, Iowa--Feb. 12, 2004--Winnebago Industries, Inc. announced that it was informed that Hanson Capital Partners, LLC ("HCP"), which is owned and controlled by the family of Company founder John K. Hanson and his wife, Luise V. Hanson, entered into a written trading plan today, pursuant to SEC Rule 10b5-1(c) re ... Continue reading
Hickok Incorporated Reports First Quarter Operating Results
CLEVELAND, Feb. 12 -- Hickok Incorporated , a Cleveland based supplier of products and services for automotive, locomotive, and aircraft industries, today reported improved operating results for its fiscal 2004 first quarter ended December 31, 2003. For the quarter ended December 31, 2003, the Company recorded net inco ... Continue reading
Hydrogenics Announces Reporting Date for Year End 2003 Financial Results
TORONTO, Feb. 12 -- Hydrogenics Corporation , a designer and manufacturer of fuel cell technology, today announced that it will report fourth quarter and year end 2003 financial results on Tuesday, March 2, 2004 before the market opens. The company will also hold a conference call hosted by Hydrogenics senior managemen ... Continue reading
DENVER--Feb. 12, 2004--Kolorfusion International, Inc. (OTCBB:KOLR) announced that many of its targeted outdoor customers will have on display various products at The S.H.O.T. Show this week in Las Vegas. "The S.H.O.T. Show is the leading exhibition for showcasing and marketing new products to the outdoor hunting enthu ... Continue reading
KVAPIL'S THIRD LEADS SEVEN TUNDRAS IN DAYTONA QUAL. TOP 20
The PDF file attached is absolutely safe -- it CANNOT include viruses. ... Continue reading
Meade Instruments Corp. to Speak at Roth Capital Partners 16th Annual Growth Stock Conference
IRVINE, Calif.--Feb. 12, 2004--Meade Instruments Corp. will appear at the Roth Capital Partners 16th Annual Growth Stock Conference being held February 16-19, 2004, at the St. Regis Monarch Beach Resort and Spa in Dana Point, California. Steven G. Murdock, president and chief executive officer of Meade Instruments, wil ... Continue reading
Miniature Precision Components Chooses IQMS To Improve Manufacturing Operations
PASO ROBLES, Calif.--Feb. 12, 2004--IQMS, a leading provider of enterprise software (ERP) for repetitive manufacturing environments, has been selected by Walworth, Wis.-based Miniature Precision Components (MPC) to implement an ERP solution to help improve manufacturing operations at its five manufacturing facilities i ... Continue reading
Myers Industries Reports Fourth Quarter and Fiscal Year 2003 Results
AKRON, Ohio--Feb. 12, 2004--Myers Industries, Inc. today announced net sales for the fourth quarter of 2003 were $176,507,020, the highest of any quarter in the Company's history and an increase of 11 percent from $159,331,205 reported in 2002. Net income was $4,350,446, an increase of 8 percent from $4,044,157 for the ... Continue reading
PACE International Union Endorses Senator John Kerry for President
The following statement is from PACE International Union: NASHVILLE, Tenn., Feb. 12 -- The Paper, Allied-Industrial, Chemical & Energy Workers (PACE) International Union today endorsed Senator John Kerry for president. Kerry represents the Democrats' best chance to defeat George W. Bush in this year's election. Nearly ... Continue reading
Palcan Announces Closure of $780,000.00 Private Placement
VANCOUVER, British Columbia--Feb. 12, 2004--Palcan Fuel Cells Ltd. (TSX VENTURE:PC) is pleased to announce the successful closing of its previously announced Private Placement, dated January 26, 2004, consisting originally of 2,220,000 units at a price of $.30 per share, is now amended to 2,600,000 units for a total pr ... Continue reading
DAYTON, Ohio, Feb. 12 -- Shareholders of The Reynolds and Reynolds Company today approved the re-election of three board members, each for a three-year term. Re-elected were Eustace W. Mita, 49, chairman and CEO, Avista Properties Worldwide LLC; Philip A. Odeen, 68, former chairman of TRW Inc.; and Donald K. Peterson, ... Continue reading
Spartan Motors - Fourth Quarter 2003 Webcast
Webcast Alert: Spartan Motors, Inc. Announces Fourth Quarter 2003 Results CHARLOTTE, Mich., Feb. 12 -- Spartan Motors, Inc. announces the following Webcast: What: Spartan Motors, Inc. Announces Fourth Quarter 2003 Results When: 02/19/04 @ 10:00 a.m. Eastern Where: http://www.spartanmotors.com/webcasts.asp How: Live ove ... Continue reading
Tier Announces Addition of T. Michael Scott to Board of Directors
WALNUT CREEK, Calif.--Feb. 12, 2004--Tier Technologies, Inc. , a leading provider of financial transaction processing and packaged software and systems integration solutions for government clients, today announced the addition of T. Michael Scott to its Board of Directors. Mr. Scott is Vice Chairman and President of Ca ... Continue reading
Warrantech Reports Third Quarter Fiscal 2004; Fifteen Consecutive Quarters of Profitable Performance
BEDFORD, Texas--Feb. 12, 2004--Warrantech Corporation (OTC:WTEC), a leading independent provider of service contracts and aftermarket warranties, today reported profits for the fifteenth consecutive quarter. Net income reached $453,626 or $0.03 per diluted share for the company's third quarter fiscal 2004, which ended ... Continue reading
Webcast Alert: Spartan Motors, Inc. Announces Fourth Quarter 2003 Results
CHARLOTTE, Mich., Feb. 12 -- Spartan Motors, Inc. announces the following Webcast: What: Spartan Motors, Inc. Announces Fourth Quarter 2003 Results When: 02/19/04 @ 10:00 a.m. Eastern Where: http://www.firstcallevents.com/service/ajwz399404729gf12.ht ml How: Live over the Internet -- Simply log on to the web at the add ... Continue reading
Workers Demand Union at USF Dugan
Public and Worker Safety Main Reason for Move WASHINGTON, Feb. 12 -- As part of a national organizing campaign, the truck drivers, dockworkers, mechanics, and other employees at the USF Dugan terminal in Kansas City, Kansas, filed a petition with the National Labor Relations Board (NLRB) for an election to recognize th ... Continue reading
XM Satellite Radio Holdings Inc. Announces Fourth Quarter And Full Year 2003 Results
XM Adds Over 1 Million Subscribers in 2003, Ending Year with 1,360,228 Subscribers 2003 Revenues Hit $92 Million XM Raises Capital and Strengthens Balance Sheet WASHINGTON, Feb. 12 -- XM Satellite Radio Holdings Inc. today reported financial and operating results for the fourth quarter and full year ended December 31, ... Continue reading
The New X-Ice Winter Tires Take the Bite Out of Snowy and Icy Driving Conditions
GREENVILLE, S.C., Feb. 12 -- When Old Man Winter blows into town next season, consumers will have the advantages of the new Michelin(R) X- Ice(TM) and Michelin(R) Latitude(TM) X-Ice(TM) winter tires to help them overcome ice- and snow-covered roads. Michelin's newest winter products are designed to improve braking, tra ... Continue reading
SmarTire Launches Second Generation Active Tire Monitoring Product for Motorcycles
New product featuring integrated receiver/display unveiled at Dealer Expo 2004 in Indianapolis OTCBB: SMTR RICHMOND, BC, Feb. 12 -- SmarTire Systems Inc. (OTCBB: SMTR) today announced that it has launched its second generation active tire pressure monitoring system for motorcycles at the 2004 Dealer Expo in Indianapoli ... Continue reading
Gas Prices Up a Dime in the Past Month, AAA Reports
BELLEVUE, Wash., Feb. 12 -- AAA reports the average price of self-serve regular unleaded gasoline in Washington has increased 10 cents in the past month to $1.696 per gallon. In Idaho prices have increased seven cents in the past month to $1.650 per gallon. The national average for self- serve regular unleaded gasoline ... Continue reading
- Public Demonstrations Slated for This Weekend - LOS ANGELES, Feb. 12 -- More than 350 Los Angeles-area elementary and middle school students got a first-hand look at ASIMO, the world's most advanced humanoid robot, at the California Science Center on Thursday morning as part of the "Say Hello to ASIMO" North American ... Continue reading
Dodge Drivers, Owners Are Ram Fans
Caption: Dodge NASCAR Nextel Cup Series and Craftsman Truck Series owners and drivers pick up their new Dodge Ram SRT-10s at Daytona International Speedway. Each is receiving one of the new "race inspired, street legal" trucks that set the Guiness World Record for fastest production pickup. From left to right are Jimmy ... Continue reading
NORTHVILLE, Mich., Feb. 12 -- With the start of the 2004 NASCAR season right around the corner, Roush Racing is busily preparing to defend its NASCAR championship title for the 2004 campaign. Off the track, Jack Roush Jr. and his partners Jude Mansilla and Neil Mansilla at Business Matter, a search software development ... Continue reading
AAA Foundation for Traffic Safety to Release New Study on Senior Driver Crashes and Consequences
--AAA Presents Solutions to Reducing Older Driver Crashes by Focusing on Improving Driver, Vehicle and Road Safety WHAT: AAA Foundation for Traffic Safety will release a new study that analyzes 25 years of police-level crash data from nearly 4 million injury crashes. The study answers the questions: Does your age reall ... Continue reading
Daytona 2004 - Dodge Quotes from First Gatorade 125
Thursday, Feb. 12, 2004. Ray Cooper Daytona International Speedway Clear!Blue Gatorade 125. First Race. PAGE 1. ... Continue reading
Mountain Dew Re-Signs with Dodge and Evernham Motorsports
DODGE AND EVERNHAM MOTORSPORTS TO "DO THE DEW" FOR FOURTH STRAIGHT YEAR * * * Mountain Dew to Sponsor Rookie Kasey Kahne and Jeremy Mayfield for 2004 NASCAR Nextel Cup Series * * * Kahne's Dodge to Feature Mountain Dew Color Scheme for One Race this Season CHARLOTTE, N.C. - February 12, 2004 - Kasey Kahne, NASCAR Nexte ... Continue reading
New Car Review: 2004 Nissan 350Z Track
SYNDICATED AUTOMOTIVE NEWS SERVICES DRIVING DOWN THE ROAD WITH CAREY RUSS - (c) 2004 - WEEK 06 The Nissan 350Z is no longer brand new, but if my recent week with a top-of-the-performance-line ``Track'' model is any indication, its newness has not worn off at all. And, judging from the many admiring looks it received, I ... Continue reading
Ford Downunder to Debut F6 Typhoon
Ford Performance Vehicles is set to create a storm at the Melbourne Motor Show in Australia later this month when it blows the wraps off its first turbo-charged concept car – the F6 Typhoon. This dynamic new production concept will add another dimension to the exciting evolution of FPV and build on the success it ... Continue reading
Honda Civic GX Named 'Greenest' Vehicle of the Year by ACEEE
Honda Vehicles Capture Five out of Top Twelve Spots Torrance, CA 02/11/2004 -- The American Council for an Energy Efficient Economy (ACEEE) recognized the Honda Civic GX and Honda Insight hybrid as the top two "greenest" vehicles for the 2004 model year in its annual rating of vehicle emissions and fuel economy perform ... Continue reading
Automotive Lease Guide (ALG) Announces ALG Depreciation Ratings for Consumers
SANTA BARBARA, Calif., Feb. 12 -- Automotive Lease Guide (ALG), the industry benchmark for Residual Value forecasting, today announced the release of the "ALG(TM) Depreciation Ratings." The 1 through 5 star ALG ratings will provide consumers with an accurate and convenient method to determine the amount of depreciation ... Continue reading
Dealer Financing Litigation Reaches Settlement
Detroit - General Motors Acceptance Corporation (GMAC) today announced that a settlement agreement has been reached in the litigation regarding dealer financing practices (Coleman, et al. v. GMAC, U. S. District Court for the Middle District of Tennessee). "The terms of the agreement preserve fair competition while tak ... Continue reading
GMAC Appoints Walker Group Vice President
DETROIT - David C. Walker, 43, has been appointed GMAC Group Vice President and CFO GMAC Mortgage Group, GMAC Chairman Eric Feldstein announced today. The move is effective March 1, 2004. "This move recognizes Dave's expanded stewardship in our growing mortgage operations and his strategic leadership in key funding and ... Continue reading
Compass Minerals International, Inc. Announces Fourth Quarter and Yearend 2003 Results
OVERLAND PARK, Kan.--Feb. 12, 2004--Compass Minerals International, Inc. , a leading producer and marketer of salt and specialty potash, reported the following results: -- Fourth-quarter 2003 net income available for common stock was $15.9 million, or $0.50 per diluted share. Exclusive of non-recurring items, net incom ... Continue reading
Trade Groups Support Expanded Disclosures for Vehicle Financing
WASHINGTON, Feb. 12 -- Continuing their efforts to increase consumer understanding of vehicle financing, three trade associations representing many of the nation's auto finance companies and financial institutions and most of the nation's auto dealerships today announced their support for a voluntary disclosure that te ... Continue reading
Cosma International obtiene el premio de DaimlerChrysler al distribuidor global del año
AURORA (Canadá), February 12 -- Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) ha anunciado hoy que Cosma International ("Cosma"), un grupo de operaciones en completa propiedad de Magna, y el distribuidor de productos metálicos de automoción líder de industria, ha obtenido recientemente el prestigioso premio ... Continue reading
Tiger and Harry Together Again(Still)-Attempt To Young Down Buick
DETROIT, Feb 11, 2004; Michael Ellis writing for Reuters reported that golf superstar Tiger Woods has renewed his deal to promote Buick cars and trucks, General Motors Corp. said on Wednesday, as the automaker geared up to spend $3 billion to rejuvenate the flagging brand. Terms of the five-year deal were not disclosed ... Continue reading
Western European January Car Sales Hit Bumpy Road
PARIS, Feb 12, 2004; Rebecca Harrison writing for Reuters reported that - Car sales in western Europe started 2004 on the back foot, dipping 1.6 percent in January amid shaky consumer spending in France and Germany and rattling hopes for a quick recovery, data published on Thursday showed. Japanese and Korean carmakers ... Continue reading
Noble Earns $1.09 per Diluted Share From Continuing Operations for 2003 WARREN, Mich., Feb. 11 -- Noble International, Ltd. ("Noble" or the "Company") reported earnings from continuing operations of $0.24 per diluted share for the fourth quarter of 2003 versus a loss of $0.08 per diluted share from continuing operation ... Continue reading
'70s-Vintage Swiss Army 'Ducati' Motorcycles Rev It Up for Siegler & Co.
SAN DIEGO, Feb. 12 -- A truly rare bird -- the Swiss Army "Condor" motorcycle outfitted with a Ducati engine -- is among the newest eclectic collectibles in Siegler & Co.'s Spring catalog. Siegler & Co., formerly Sovietski Collection, has been offering rare items from around the world through its print and online catal ... Continue reading
Toronto Motor Show: World Car of the Year Awards
A Concept Whose Time Has Come TORONTO, Feb. 11 -- With the globalization of the automotive industry, the concept of a World Car of the Year Awards program is inevitable. That concept is now a reality. The World Car of the Year Awards (WCOTY) program was officially launched today at the opening of the 2004 Canadian Inte ... Continue reading
PCI Forges Strategic Alliance with Guidepoint
FORT WORTH, Texas--Feb. 11, 2004--Progressive Concepts, Inc. ("PCI") announced today that it plans to market and distribute Guidepoint(TM) vehicle telematics services through its PCI Marketing and PCI Wholesale groups, which serve auto dealers in the Dallas/Ft. Worth area and more than 3,000 smaller aftermarket busines ... Continue reading
Oshkosh Truck and Ohio State University Design Robotic Vehicle to Compete in Desert Race
OSHKOSH, Wis.--Feb. 11, 2004-- Terramax Truck Challenges Frontier of Unmanned Vehicle Transportation Oshkosh Truck Corporation , a leading manufacturer of specialty trucks and truck bodies, and Ohio State University (OSU) have partnered to develop a self-navigating robotic vehicle that will compete in the Pentagon-spon ... Continue reading
ArvinMeritor Launches Search for CEO Successor
TROY, Mich., Feb. 11 -- ArvinMeritor, Inc. announced that its Board of Directors has retained an international executive search firm to identify a successor to Larry Yost, chairman and CEO. Yost will remain in his current capacity until an appropriate successor is found. (Logo: http://www.newscom.com/cgi-bin/prnh/20010 ... Continue reading
APBA Gold Cup Billed as 'Race of the Century,' Runs July 15-18, 2004
100th Anniversary Emphasizes Tradition of Powerboat Supremacy, Includes Enhanced Amenities, Reduced Ticket Prices for Family Event Gold Cup Legends Sign Autographs at Detroit Boat Show DETROIT, Feb. 11 -- The oldest trophy in motor sports will celebrate its 100th anniversary at the 2004 Chrysler Jeep Superstores Detroi ... Continue reading
BLOOMFIELD HILLS, Mich., Feb. 11 -- Results of an inaugural study show that automotive manufacturers are not keeping pace with their customers' needs for interior customization, vehicle control assistance, traffic awareness, vehicle monitoring, visibility enhancements, better in- vehicle food and beverage management, c ... Continue reading
MG Rover Group Is The First Manufacturer To Line Fit Smartnav At Factory
Bedfordshire, February 11 -- The new design Rover 75 is the first car to install Smartnav, by Trafficmaster, as a production line fitted option at its factory in Longbridge. Marketed by MG Rover Group as Personal Assist, Smartnav will provide Rover 75 customers with an advanced satellite navigation system that uses Tra ... Continue reading
When Michael Waltrip Wins the DAYTONA 500(R), Domino's Gives Away Cheesy Domino's Dots(TM)
Domino's Pizza(R) and Las Vegas list the #15 NAPA Chevrolet as a clear favorite to win the first Nextel Cup Series race of 2004 ANN ARBOR, Mich., Feb. 11 -- Domino's Pizza, the recognized world leader in pizza delivery, is counting on Michael Waltrip, the driver of the #15 NAPA Chevrolet, to deliver a repeat victory at ... Continue reading
Cummins Receives State Grant to Improve Jobs Skills for Indiana Workers
COLUMBUS, Ind.--Feb. 11, 2004--Cummins Inc. announced today that it has been awarded a $350,000 grant from the Indiana Department of Commerce to train workers at the Cummins Technical Center in Columbus. The award, which will cover a two-year period, comes from the state's Skills Enhancement Fund under which certain ty ... Continue reading
Pamela Turbeville Named CEO of Navistar Financial Corporation
WARRENVILLE, Ill.--Feb. 11, 2004--Pamela J. Turbeville has been named senior vice president and chief executive officer of Navistar Financial Corporation, the financial subsidiary of Navistar International Corporation . Turbeville, 53, had been senior vice president of human resources and administration for Navistar's ... Continue reading
Aftermarket Technology Corp. Reports Fourth Quarter and Year-End 2003 Results
WESTMONT, Ill., Feb. 11 -- Aftermarket Technology Corp. , today reported financial results for the fourth quarter and year ended December 31, 2003. Fourth Quarter 2003 For the quarter ended December 31, 2003, revenues decreased by $15.8 million to $87.6 million from $103.4 million for the quarter ended December 31, 200 ... Continue reading
KK's Tracinda Issues Statement Regarding DaimlerChrysler "Merger of Equals" Trial
LOS ANGELES--Feb. 11, 2004--Tracinda Corporation issued the following statement in response to today's trial conclusion: Terry Christensen of Christensen Miller, attorney for Tracinda, said: "Testimony of the last several days has starkly illustrated what Mr. Kerkorian has been saying all along: Plain old fashioned fra ... Continue reading
AMERICAN GT CHALLENGE SERIES FORMS
FOR IMMEDIATE RELEASE Contact: Todd Benne American GT Challenge Series Toddbenne@americangt.com 636.262.1723 AMERICAN GT CHALLENGE SERIES ANNOUNCES FORMATION Wilton, CT- The American GT Road Racing Association today announced the formation of its new racing series, the American GT Challenge, along with the series’ ... Continue reading
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