Cooper Tire & Rubber Company Declares 136th Consecutive Quarterly Dividend
FINDLAY, Ohio, Feb. 14 -- Cooper Tire & Rubber Company today announced a quarterly dividend of 10.5 cents per share on common stock, payable March 31, 2006, to stockholders of record at the close of business March 3, 2006. This will mark the 136th consecutive quarterly dividend paid by Cooper Tire & Rubber Company. ... Continue reading
R. L. Polk & Co. Reports U.S. Motor Vehicle Longevity Increases in 2005
* 4.3 percent of total U.S. motor vehicles were scrapped in 2005, an all-time low * Median car age was nine years, a record high for four years running SOUTHFIELD, Mich., Feb. 14 -- According to the vehicle population report released by R. L. Polk & Co. today, 4.3 percent of total passenger cars and trucks were scrappe ... Continue reading
Luggage For The New Mercedes SL-Class
Posted by www.eMercedesBenz.com on February 14, 2006 at 3:40 PM CST After the onslaught of Mercedes SL-Class articles today, I'm sure most of you are already on your way to the local MB dealership to lay down a sizeable down payment on the freshly updated roadster. But once you return home, waiting impatiently for your ... Continue reading
More Details Of Mercedes-Benz SL 55 AMG
Posted by www.eMercedesBenz.com on February 14, 2006 at 10:00 AM CST I know, I know, we already told you about the redesigned Mercedes SL- Class, and we already told you about the new SL 55 AMG... But that was simply an appetizer. Today, Mercedes has put out a plethora of press releases detailing even more specifics of ... Continue reading
Miller Ups Ante for Kurt Busch's First Race in Miller Lite Car
Miller to Fans: "When Kurt Wins, You Could Win" MILWAUKEE, Feb. 14 -- Miller Brewing Company announced today that it will kick off Kurt Busch's inaugural season at the wheel of the #2 Miller Lite Dodge by giving legal-drinking-age fans a chance to win a year's supply of Miller Lite when Busch and his team pull into vic ... Continue reading
U.S. Trade Panel Begin Probe into Toyota's Alleged Patent Violation
Tokyo February 14, 2006; Reuters reported that the U.S. International Trade Commission has decided to begin an investigation into alleged patent infringement by Japan's Toyota Motor Corp. and its U.S subsidiaries over hybrid vehicles, according to the ITC. The probe is based on a complaint filed in January by Florida-b ... Continue reading
Pirelli Ranks Highest in South Africa Tyre Satisfaction for a Second Consecutive Year
LONDON, February 14 -- - Tyre Quality/Durability and Ride/Handling Performance Are the Two Primary Drivers of Customer Satisfaction Owners of new vehicles equipped with Pirelli tyres report having the most satisfying ownership experience, according to the J.D. Power and Associates 2005 South Africa Original Equipment T ... Continue reading
ADESA Announces Agreement to Acquire Independently Owned Salvage Auction in Pennsylvania
Purchase will expand ADESA Impact coverage into the mid-Atlantic region CARMEL, Ind., Feb. 14 -- ADESA, Inc. , North America's largest publicly traded provider of wholesale vehicle auctions and used vehicle dealer floorplan financing, announced today that it has entered into an agreement to acquire N.E. Penn Salvage Co ... Continue reading
NEW YORK--Feb. 14, 2006--The Ad Hoc Committee of Senior Noteholders of Navistar International Corporation, whose members are financial institutions who are holders of Navistar's $250 million issue of 7 1/2% Senior Notes due 2011 and its $400 million issue of 6 1/4% Senior Notes due 2012, announced today that it has adv ... Continue reading
ALT Software & Hybrid Graphics Partner to Offer 2D and 3D Embedded Graphics Solutions
NUREMBERG, Germany and BARCELONA, Spain--Feb. 14, 2006-- The Companies' Products and Services Will Jointly Add Graphics Functionality to Devices in the Automotive, Avionics, Mobile, Medical, and Instrumentation Markets ALT Software, a global provider of graphics drivers and other solutions for embedded systems, has par ... Continue reading
Auction Mills / CarForce1 Announces Anticipated Revenues For 2006
DALLAS--Feb. 14, 2006--Auction Mills, Inc. (Pink Sheets: AUML) is pleased to announce the release of the anticipated revenues for 2006. "With start up costs for dealers taking part in this venture to expand their market share and the monthly fees for maintenance of the program, CarForce1 expects to exceed $8 million in ... Continue reading
STOCKHOLM, Sweden--Feb. 14, 2006--Autoliv Inc. - the worldwide leader in automotive safety systems - today declared a dividend of 32 cents per share of common stock. The dividend is payable on June 1, 2006 to all Autoliv shareholders of record at the close of business on May 4, 2006. The ex-date (when the shares trade ... Continue reading
Leading Financial Services Customers in Mexico Standardize on TIBCO for Increased Agility and Quicker Responses to Sensed Local and Global Business Conditions PALO ALTO, Calif., Feb. 14 -- TIBCO Software Inc. , a leading business integration and process management software company that enables real-time business, today ... Continue reading
Disappointed With Decision of Board to Retain Lawrence Stevenson as CEO and Improve Terms of His Employment Arrangement NEW YORK, Feb. 14 -- Barington Capital Group, L.P. ("Barington") announced today its support of the decision of the Board of Directors of The Pep Boys -- Manny, Moe and Jack (the "Company") to separat ... Continue reading
BURNSVILLE, Minn.--Feb. 14, 2006--Parents and caregivers are 43 percent more likely to put children in booster seats once they learn how important booster seats are to child safety and how easy they are to use, according to a new study released today by the AAA Foundation for Traffic Safety. When combined, education an ... Continue reading
WASHINGTON--Feb. 14, 2006--Parents and caregivers of children are 43 percent more likely to put children in car booster seats once they learn how important booster seats are to child safety and how easy they are to use, according to a new study released today by the AAA Foundation for Traffic Safety. The research also ... Continue reading
SAN RAMON, Calif.--Feb. 14, 2006--Chevron Products Company, a leading provider of engine oils, lubricants, coolants and related services, today introduced its new, patented, global Extended Life Coolant (ELC) formulation which significantly exceeds current performance levels for products claiming extended life capabili ... Continue reading
MEDIA REMINDER CHICAGO, Feb. 14 -- As Eric and Kathy of the popular "Eric & Kathy Morning Show" on WTMX-FM (101.9) have been asking listeners recently, "Where would you go if you had $10,000 in free gas?" On Friday, February 17, one lucky Chicago-area winner will be happily telling them the answer to that very question ... Continue reading
Detroit Diesel's Chuck Blake to Speak at Annual Technology and Maintenance Council Meeting
DETROIT, Feb. 14 -- Detroit Diesel Corporation's Chuck Blake, Senior Technical Sales Support Manager, will participate as a panelist at the 50th Annual Technology & Maintenance Council (TMC) Meeting on February 15, 2006, in Tampa, Florida. The annual meeting, February 14 - 17 at the Tampa Convention Center, is organize ... Continue reading
Private equity firm partners with veteran management team to establish non-prime consumer auto finance platform NEW YORK, Feb. 14 -- Equifin Capital Partners, a New York- based private equity firm focused on the financial services industry, today announced that it has partnered with auto finance industry veteran Michae ... Continue reading
Fitch Issues Presale Report on Ford Credit Auto Owner Trust 2006-A
NEW YORK--Feb. 14, 2006--Fitch Ratings has issued a presale report today on Ford Credit Auto Owner Trust 2006-A discussing the rating analysis behind Fitch's expected ratings for the classes listed below: -- Class A-1 'F1+'; -- Class A-2 'AAA'; -- Class A-3 'AAA'; -- Class A-4 'AAA'; -- Class B 'A'; -- Class C 'BBB+'; ... Continue reading
Private equity firm partners with veteran management team led by Michael C. Ritter to establish non-prime consumer auto finance platform CHADDS FORD, Pa., Feb. 14 -- Flagship Credit Corporation, a national indirect automobile finance company catering to the non-prime market, today announced that it has raised $81 milli ... Continue reading
NUREMBERG, Germany--Feb. 14, 2006--Freescale Semiconductor has introduced three highly sensitive sensors to address the rapid shift in the micro-electromechanical-systems (MEMS) industry toward greater adoption within the consumer market. The introduction of the MMA6270Q (XY-axis), MMA6280Q (XZ-axis) and MMA7261Q (XYZ- ... Continue reading
NUREMBERG, Germany--Feb. 14, 2006--Freescale Semiconductor is expanding its line of electric field (E-field) sensing integrated circuits (ICs) from automotive applications to the appliance and industrial markets with the introduction of the MC34940. Freescale continues to offer the industry's only single-chip IC that g ... Continue reading
WALTHAM, Mass.--Feb. 14, 2006--Guardium, Inc., the database security company, today announced multiple hallmarks of record growth during 2005. The company expanded its domestic and international customer footprint, formed new strategic partnership and reseller agreements, and launched three major products tackling info ... Continue reading
ANAHEIM, Calif.--Feb. 14, 2006--Iteris, Inc. (AMEX: ITI), a leader in the development of vision-based technologies and Intelligent Transportation Systems that optimize traffic flow and enhance driver safety, today announced that it has been selected by the Georgia Department of Transportation (GDOT) to complete the fin ... Continue reading
LoJack Corp. Announces Fourth Quarter Results Webcast
WESTWOOD, Mass., Feb. 14 -- LoJack Corporation announces the following Webcast: What: LoJack Corp reports fourth quarter results When: February 21 -- 09:00 ET Where: http://phx.corporate-ir.net/playerlink.zhtml?c=78604&s=wm&e=121 5508 How: Live over the Internet -- Simply log on to the web at the address above. You may ... Continue reading
ATLANTA--Feb. 14, 2006--Recordant, a provider of solutions that deliver the first accurate means of evaluating face-to-face sales interactions to improve overall sales, customer service and standards compliance, introduces its SoundMirror 2.0. The next generation software solution offers improved analytics, an all ASP ... Continue reading
Redwood Redesigned CAA Magazine to Reach 1.5 Million Members
TORONTO, Feb. 14 -- The revamped CAA members-only magazine, formerly known as Leisureways, Journey and Going Places will be delivered to 1.5 million mailboxes across Canada this week. Published by Redwood Custom Communications of Toronto, the redesigned magazine takes a fresh creative approach to the subjects of travel ... Continue reading
FLINT, Mich., Feb. 14 -- Dr. Patrick and Dr. Theresa Atkinson, both mechanical engineers and experts in crash safety, were more educated than most about the risks and statistics related to automobile accidents in the United States. What they weren't aware of, or prepared for, were the aftereffects of a crash. ... Continue reading
Standard & Poor's Upgrades Directed Electronic's Credit Ratings
VISTA, Calif., Feb. 14 -- Directed Electronics, Inc. , the largest designer and marketer of consumer branded vehicle security and convenience systems in the United States based on sales, and a major supplier of car and home audio, mobile video and satellite radio products, announced today that Standard & Poor's recentl ... Continue reading
Stoneridge Reports Fourth-Quarter 2005 Results
WARREN, Ohio, Feb. 14 -- Stoneridge, Inc. today announced net sales of $151.7 million and a net loss of $(3.0) million, or $(0.13) per diluted share, for the fourth quarter ended December 31, 2005. Net sales decreased $11.7 million, or 7.2 percent, to $151.7 million, compared with $163.4 million for the fourth quarter ... Continue reading
Two Executives Named to Key Jobs at GKN Sinter Metals
AUBURN HILLS, Mich., Feb. 14 -- Rich McCorry has been named president of North American Operations for GKN Sinter Metals and Thomas Roethig has been appointed senior vice president -- Sales and Marketing, according to Andy Reynolds Smith, the company's president and CEO. McCorry succeeds Richard Best, who recently reti ... Continue reading
Val Kilmer Joins Distinguished Group of Hero Awards Initiative Judges
Nine Celebrities Will Judge Fourth Annual Volvo for life Awards, Nation's Largest Search for Hometown Heroes View hero stories at www.volvoforlifeawards.com NEW YORK, Feb. 14 -- Volvo Cars of North America today announced that actor Val Kilmer will join eight other celebrities in helping select the nation's greatest ho ... Continue reading
VAN BUREN TOWNSHIP, Mich., Feb. 14 -- Visteon Corporation , in partnership with Boston Acoustics(R), is pleased to provide the 9-speaker premium branded audio system on the Chrysler Group's boldly designed 2007 Dodge Caliber, launching at the 2006 North American International Auto Show in Detroit. The Caliber is the la ... Continue reading
Congressional Support Reaches 87 for 'Right to Repair Act'
BETHESDA, Md., Feb. 14 -- Congressional support for the Motor Vehicle Owners' Right to Repair Act (H.R. 2048) has reached 87 sponsors, it was announced today by Kathleen Schmatz, President and CEO of the Automotive Aftermarket Industry Association (AAIA). "The momentum for passage of the 'Right to Repair Act' on Capito ... Continue reading
'Tween' Traffic Safety Research Yields New Safety Tips
Nation's First Tween Demonstration Projects Offer Insight into Belt Use and Seating Position Habits of 8 to 12 Year Olds WASHINGTON, Feb. 14 -- Large numbers of 8 to 12 year olds - dubbed "tweens" by marketers - are needlessly at risk when riding in motor vehicles according to a research report released today by the Au ... Continue reading
DUBLIN, Ireland--Feb. 14, 2006--Research and Markets (http://www.researchandmarkets.com/reports/c32808) has announced the addition of World Automotive Manufacturing - February Issue to their offering World Automotive Manufacturing is a dedicated round-up of all the latest global happenings and analysis specific to the ... Continue reading
From Audio System to World Engine, Visteon Delivers Quality Sound on New Dodge Caliber
VAN BUREN TOWNSHIP, Mich., Feb. 14 -- As the new 2007 Dodge Caliber makes its way to showrooms this week, Visteon is watching ... and listening. Visteon Corporation supplies the new compact car with its audio system, as well as a specific engine sound. (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) Th ... Continue reading
Delphi Connects Light Armored Vehicle Communications Systems for the U.S. Marine Corps
Delphi helps upgrade military equipment to diagnose problems; enable mechanics to make repairs more quickly TROY, Mich., Feb. 14 -- A suite of Delphi's products is preparing to enhance the way military vehicles and their electronic systems communicate. Teams of Delphi engineers are installing customized electronic sens ... Continue reading
IMN Market Tests Video-Enabled e-Newsletters for Auto Dealers
WALTHAM, Mass.--Feb. 14, 2006--IMN, provider of IMN Loyalty Driver(TM), the leading fully-managed e-newsletter service for auto dealerships, today announced that it will market test video content through a select group of dealerships. Those chosen will be able to include videos as easily as text or images within their ... Continue reading
Collins & Aikman Names Chief Financial Officer
TROY, Mich., Feb. 14 -- The Board of Directors of Collins & Aikman Corporation (CKCRQ) has named Tim Trenary as the company's Executive Vice President, Chief Financial Officer and Treasurer effective immediately. Trenary joined Collins & Aikman as Vice President and Treasurer in September of 2005. "Tim's sound financia ... Continue reading
FPGA-Powered Board Offers Greater Benefits to Automotive Customers NUREMBERG, Germany, Feb. 14 -- At the Embedded World Exhibition and Conference today, Xilinx, Inc. , the world's leading programmable logic supplier announced a collaboration with Xylon, supplier of logicBRICKS(TM) optimized IP cores, resulting in the w ... Continue reading
UnitedAuto Reports Fourth Quarter Results
BLOOMFIELD HILLS, Mich.--Feb. 14, 2006--United Auto Group, Inc. : -- Income From Continuing Operations Increases 13% to $31.6 Million -- Income From Continuing Operations Rises 12% to $0.67 per share -- Total Revenues Increase 7% -- Same-Store Retail Revenues Increase 4% United Auto Group, Inc. , an international autom ... Continue reading
PRESS RELEASE The European Aftermarket for Telematics and Infotainment Systems is Likely to Increasingly Feature Integrated Portable Navigation Systems Integration Made Possible by Technological Innovation Offers More to Consumers London, UK – 14 February, 2006 - Previously, the lack of product differentiation pl ... Continue reading
The Bob Bondurant School of High Performance Driving Celebrates 38th Anniversary
PHOENIX, Feb. 14 -- The Bob Bondurant School of High Performance Driving celebrates its 38th year of teaching the finer points of maximum car control Tuesday, February 14th. Since 1968, Bob Bondurant and his staff have been training anyone looking to improve their car control skills. His students have consisted of perf ... Continue reading
HotShot(R) Heated Washer Fluid System Makes Ice Scrapers Obsolete
FARMINGTON HILLS, Mich., Feb. 14 -- Snow, ice and freezing rain. There's no worse forecast for drivers than the frigid winter months. It means manually scraping snow and ice from windshields in the bitter cold. This winter, a revolutionary de-icing technology makes ice scrapers obsolete. ... Continue reading
Large Order for 220 Volvo Buses to Venezuela
STOCKHOLM, Sweden--Feb. 14, 2006--Volvo Buses has received an order for 220 city buses to Caracas, Venezuela. This is Volvo's second largest order to date for buses in South America. The buses were ordered by C A Metro de Caracas, which operates the subway in the Venezuelan capital. The new buses will be used on 24 fee ... Continue reading
Volvo Presents a New Engine Family That Meets Very Stringent US Environmental Standards
STOCKHOLM, Sweden--Feb. 14, 2006--Volvo Trucks North America is presenting an entirely new engine family to meet the more stringent environmental requirements that come into force in North America on January 1, 2007. Not only are the new engines cleaner, their fuel consumption is on a par with that of the current engin ... Continue reading
Volvo Trucks North America Unveils New Lineup of Advanced Engines for 2007
TAMPA, Fla., Feb. 13 -- Volvo Trucks North America today unveiled its comprehensive new family of heavy-duty diesel engines for 2007. The new Volvo engines - the 11-liter D11, 13-liter D13 and 16-liter D16 -- are designed to deliver excellent fuel economy, reliability, durability and driving performance. At the same ti ... Continue reading
10,000th Mercedes Bluetec Truck Rolls Off Assembly Line
Posted by www.eMercedesBenz.com on February 13, 2006 at 5:00 PM CST In commercial truck news, it's been just under a year since DaimlerChrysler began producing their award-winning BlueTec commercial vehicles at their plant in Wörth. Despite its relatively short lifespan, today marked a significant milestone for the Bl ... Continue reading
Penske Logistics Named Lead Logistics Provider in Europe for Eaton Corporation
AMSTERDAM/ROOSENDAAL, Netherlands, Feb. 13 -- Today, Penske Logistics announced that Eaton Corporation selected the firm to serve as its lead logistics provider in Europe. While financial terms of the deal were undisclosed, the new contract builds upon a well-established relationship between the two companies in the Un ... Continue reading
Auto Club, CHP and Babies 'R' Us Join for Child Passenger Safety Week
LOS ANGELES--Feb. 13, 2006--To help keep children safe while they ride in vehicles, the Automobile Club of Southern California, the California Highway Patrol and Babies "R" Us today announced a partnership to provide discounts to help parents replace old, possibly unsafe child safety seats with new seats, according to ... Continue reading
Cendant Reports Results For Fourth Quarter and Full Year 2005
4Q 2005 Revenue Increased 7% to $4.3 Billion versus $4.0 Billion in 4Q 2004 4Q 2005 EPS from Continuing Operations was a Loss of $0.04 4Q 2005 EPS from Continuing Operations as Adjusted for Specified Items was $0.23, In Line with Most Recent Projection 4Q 2005 Net Cash Provided by Operating Activities was $773 Million ... Continue reading
Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, Ind.--Feb. 13, 2006--The Board of Directors of Cummins Inc. today declared a quarterly common stock cash dividend of 30 cents per share, payable March 1, 2006 to shareholders of record on February 22, 2006. Cummins Inc., a global power leader, is a corporation of complementary business units that design, manu ... Continue reading
Defective Michelin HXMXM4 tire installed on Ford Fusion 2006
February 13 2006 Hello. I bought a Ford Fusion on December 21 2005. After just one month and just 2200 kilometers on the odometer, a tire just lost all the tread area. I am including some pictures so you can see this. The tire is a Michelin HXMXM4 225-50-17. ... Continue reading
Genesee & Wyoming Inc. Reports Traffic for January 2006
GREENWICH, Conn., Feb. 13 -- Genesee & Wyoming Inc. (GWI) today reported January 2006 traffic volumes for its North American and 50%-owned Australian operations. North American traffic in January 2006 was 69,114 carloads, an increase of 16,409 carloads, or 31.1%, compared with January 2005. Australian traffic in Januar ... Continue reading
GM Executives Elected to National Academy of Engineering
DETROIT, Feb. 13 -- Two General Motors Corp. executives have been elected to the National Academy of Engineering. Gary Cowger, group vice president of global manufacturing and labor relations, and Alan Taub, executive director of research and development, were among 76 new members and nine foreign associates who were e ... Continue reading
MIDDLETOWN, R.I.--Feb. 13, 2006--KVH Industries, Inc., today acknowledged the filing of a patent infringement lawsuit in U.S. District Court for the District of Minnesota by Electronic Controlled Systems, Inc., d/b/a King Controls. The suit is related litigation filed by the same plaintiff against KVH in the same court ... Continue reading
NHRA Newsmakers: Feb. 13, 2006
NHRA Newsmakers Your inside glimpse at the world's fastest motorsport NEWS NUGGETS * DIVA DANCES IN WINNER'S CIRCLE: Melanie Troxel (Avon, Ind.) and IRL's Danica Patrick share several common ties: both are obviously women, both race cars for a living and both are featured prominently in the Hostess "Race Divas" campaig ... Continue reading
GARDENA, Calif.--Feb. 13, 2006--This week, Nissan North America, Inc. (NNA) and four local Los Angeles community organizations are partnering to offer free child passenger safety seat seminars to the public in support of National Highway Traffic Safety Administration's (NHTSA) National Child Passenger Safety Week. Niss ... Continue reading
SCHAUMBURG, Ill.--Feb. 13, 2006--OMRON RFID today announced the introduction of the V750 Series Gen 2 (C1G2) "Wave" tag, designed to deliver high-read performance in all UHF RFID frequency spectrums. UHF RFID communication bands are specified for use between 860 MHz and 960 MHz by international standards. According to ... Continue reading
AUSTIN, Texas--Feb. 13, 2006--Every February, parents give candy hearts and keepsakes to their children in the name of love. The Texas Department of Transportation (TxDOT) has another suggestion for parents this Valentine's Day: Love your children by buckling them up with safety restraints appropriate for their height ... Continue reading
Nissan Terranaut at Geneva Auto Show
Geneva February 14, 2006; The 2006 Geneva Motor Show plays host to two completely different show cars from Nissan… but they share one common theme: accessibility. Whether it’s negotiating the crowded city or exploring the wild, Nissan’s cars of the future promise to SHIFT_access. At first glance, Niss ... Continue reading
World premiere of the new Porsche 911 Turbo at the Geneva Motor Show
Geneva February 14, 2006; Dr. Ing. h.c. F. Porsche AG, Stuttgart, is extending its current product range with the addition of a new 911 Turbo. The sixth generation of the 911 series’ top-of-the-range model will be celebrating its world premiere on February 28, 2006 at the Geneva Motor Show and will be available i ... Continue reading
Discovery 3 Is AXA Car Of The Year 2006
Gaydon, Warwickshire - February 14, 2006 – The Land Rover Discovery 3 has been crowned the AXA Car of the Year 2006 in Northern Ireland. The title was awarded by the Ulster Motoring Writers Association (UMWA) who chose the Discovery 3 as the winner of the AXA Leisure Car category before being crowned the AXA Car ... Continue reading
For UNICEF, against AIDS: charity gala of the Berlinale with BMW Formula One VIP auction prize Munich/Berlin - February 14, 2006: It is the social highlight of the Berlinale: when Hollywood stars the likes of Richard Gere, Milla Jovovich, Sharon Stone, Christopher Lee and George Clooney arrive at the Konzerthaus am Gen ... Continue reading
BMW NA Chairman Encourages Collaboration - And Competition - For Automotive Industry Success
In his keynote address to the National Automobile Dealers Association today, Tom Purves, Chairman and CEO of BMW in the U.S., encouraged auto manufacturers and dealers to work together on areas of mutual concern to foster greater understanding and acceptance of the industry, and better business performance. Purves ackn ... Continue reading
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