Media's North American Car and Truck of the Year Finalists Announced
DETROIT, Dec. 15 -- An international group of automotive journalists has selected the Cadillac XLR, Mazda RX-8 and Toyota Prius as the finalists for the North American Car of the Year, while the Cadillac SRX, the Ford F-150 and Nissan Titan are finalists for the North American Truck of the Year. The awards are unique b ... Continue reading
NEW YORK--Dec. 15, 2003--American International Technology Enterprises, Inc. (doing business as AIG Technologies), a member company of American International Group, Inc. (AIG), today announced the launch of MassXpress(TM), a Web-based product designed to streamline the insurance application process for carriers writing ... Continue reading
ChevronTexaco Introduces New Line of Texaco Heavy-Duty Greases, Startak Red EP
SAN RAMON, Calif.--Dec. 15, 2003-- New Multipurpose Extreme Pressure Greases Recommended For Normal and Severe Service Environments ChevronTexaco Global Lubricants, a leading provider of heavy-duty engine oils, lubricants and coolants, today announced its Texaco brand has introduced a new line of heavy-duty greases, St ... Continue reading
DETROIT, Dec. 15 -- The Christmas shopping can wait. Let the kids decorate the tree. You have better things to do -- like checking out TheCarConnection's preview of the upcoming Detroit and Los Angeles auto shows. There'll be more than 80 new cars and concepts making their debut this year and TCC's got the guide to wha ... Continue reading
Freightliner LLC Selects Goodyear as Standard Supplier
AKRON, Ohio, Dec. 15 -- The Goodyear Tire & Rubber Company announces that Freightliner LLC, North America's largest manufacturer of heavy-duty trucks, has named Goodyear as its standard tire supplier. Officials of Goodyear and Freightliner recently signed the agreement, and Freightliner has begun communicating this dec ... Continue reading
- New alliance provides unique combination of adventure sports and major sanctioned competition - Jeep Adventure Series debuts early 2004 on NBC AUBURN HILLS, Mich., Dec. 15 -- The Jeep(R) brand, NBC Sports and sports marketing firm Aura360 today announced the launch of an all-new adventure sports series, Jeep Adventur ... Continue reading
Prelude Ventures, Inc./PLUD Announces Name Change
CHICAGO--Dec. 15, 2003--Prelude Ventures, Inc. (OTCBB:PLUD) announced today that the Company has filed and received approval from the State of Nevada to change the name of the Company to American Capital Alliance, Inc. The Company is in the process of filing the required 14-C with the Securities and Exchange Commission ... Continue reading
Good News May Be on the Horizon for Auto Insurance Consumers According to InsWeb Index
Premiums May Have Stabilized After Nearly Four Years of Price Increases SACRAMENTO, Calif., Dec. 15 -- InsWeb Corp. , one of the largest producers of automobile insurance in the U.S., today announced the updated results for its Auto Insurance Index based on third quarter 2003 data. The Index is designed to identify and ... Continue reading
Arctic Cat's 650 ATV Earns 'ATV of the Year' Awards
THIEF RIVER FALLS, Minn.--Dec. 15, 2003-- 'ATV Illustrated' and 'ATV Guide' laud Arctic Cat's most powerful ATV yet Arctic Cat Inc. announced today that its new 650 4X4 Automatic all-terrain vehicle (ATV), the company's most powerful ATV, has been recognized as the "2004 ATV of the Year" by both "ATV Illustrated" and " ... Continue reading
Cummins to Use Proven Cooled-EGR Technology for 2007
COLUMBUS, Ind.--Dec. 15, 2003--Cummins Inc. today confirmed that it will meet the 2007 U.S. EPA on-highway Oxides of Nitrogen (NOx) emission standards using cooled-exhaust gas recirculation (cooled-EGR), the same technology employed today by Cummins for heavy-duty trucks in North America. The company announced in 2001 ... Continue reading
Navistar Heading for Loss, Stock Up
CHICAGO December 15, 2003; Reuters reported that Navistar International Corp. on Monday forecast a larger-than-expected loss for the first quarter of 2004, but its stock climbed over 4 percent as investors focused on the truck maker's ambitious long-term growth plans. Navistar said it expects to double in size to becom ... Continue reading
Jeep Adventure Series debuts early 2004 on NBC
AUBURN HILLS, Mich., Dec. 15, 2003; The Jeep® brand, NBC Sports and sports marketing firm Aura360 today announced the launch of an all-new adventure sports series, Jeep Adventure Series (a working title), slated to air on weekend afternoons beginning in April 2004. The Jeep Adventure Series will cover action-adventure ... Continue reading
Porsche Cayenne SUV - Success In A $90,000 Package
Stuttgart December 15, 2003; Business Week reported that Porsche Chief Executive Wendelin Wiedeking took a risky bet in 1998 when he decided to steer the German sports-car icon into the market for big, bruising sport-utility vehicles. Porsche aficionados cringed. Even the Porsche family shareholders balked, fearing the ... Continue reading
Auto Q International Inc. to Finalize Acquisition of Radicom Ltd.
LONDON, Dec. 15 -- Auto-Q International Inc. (BULLETIN BOARD: AUTQ) , a leading provider of vehicle tracking and monitoring systems for trucking fleets and consumers, announced today that it has signed a letter of intent to acquire Radicom Ltd. Radicom Ltd. is a profitable telematics company located in the UK, speciali ... Continue reading
CarMax Changes Time of Third Quarter Conference Call
Conference Call Moved Up 1 Hour RICHMOND, Va., Dec. 15 -- CarMax, Inc. today announced that it is rescheduling the time of its third quarter earnings conference call to reduce conflicts with calls being conducted by other retailers. The company conference call for investors is rescheduled for 9:00 a.m. Eastern time on ... Continue reading
CTS Corporation to Supply Automotive Active Manifold Actuators
ELKHART, Ind.--Dec. 15, 2003--CTS Corporation , a world leader in automotive position sensor and actuator technology, today announced that a major international automotive manufacturer has selected CTS Automotive Products as its sole supplier of active manifold actuators for a new family of engines, to be produced in N ... Continue reading
Dodge Creates The First-Ever 'Living' Times Square Holiday Window Display
College Kid And Parents Celebrate Holidays Inside Dodge Durango For Five Days NEW YORK, Dec. 15 -- In the spirit of families coming together this holiday season, Dodge has created a special holiday window in Manhattan's Times Square at 43rd and Broadway. A family of three has been challenged to live in an all-new 2004 ... Continue reading
CHICAGO--Dec. 15, 2003--Gregory M. Shepard today announced a second extension of the expiration date of the tender offer made by himself and his wholly owned subsidiary, STFC Acquisition Corporation, for 8,000,000 shares of State Auto Financial Corporation for $32.00 per share in cash. The tender offer made on August 2 ... Continue reading
Company Increases Earnings Range For 2003 Fourth Quarter and Full Year GLENVIEW, Ill., Dec. 15 -- Illinois Tool Works Inc. today reported an operating revenue increase of 9 percent for the three months ended November 30, 2003. Operating revenues for the three month period consisted of 5 percent growth from acquisitions ... Continue reading
Johnson Controls Honors Its Best Suppliers with Performance and Leadership Awards
Leading Automotive Interior Systems Provider Recognizes 51 Suppliers For Their Contributions PLYMOUTH, Mich., Dec. 15 -- Johnson Controls recognized its 51 top-performing suppliers at a celebration event held December 11 at the Amway Grand Hotel in Grand Rapids, Michigan. A total of 53 awards were presented to supply c ... Continue reading
Myers Industries Completes Senior Unsecured Notes Offering
AKRON, Ohio--Dec. 15, 2003--Myers Industries, Inc. today announced completion of the placement of $100 million of Senior Unsecured Notes in a private transaction with a limited number of institutional investors. The Company placed $65 million of Notes with a maturity date of December 12, 2010 at a fixed interest rate o ... Continue reading
PTC's Continued Focus and Commitment in Global Automotive Industry Drives Success
NEEDHAM, Mass., Dec. 15 -- PTC , the product development company(TM), continues to deliver on its commitment to the global automotive industry, evidenced by a number of significant recent sales. As a result, PTC has increased its installed base in the automotive industry to approximately 3,000 customers. Of special not ... Continue reading
Ritchie Bros. Finishes Another Big Week with a Three-Day Texas Auction
FORT WORTH, Texas--Dec. 15, 2003--Ritchie Bros. Auctioneers, the world's largest industrial auctioneer, wrapped up a busy week with nine unreserved public auctions in four countries. The largest auction of the week was held at the Company's permanent auction site in Fort Worth, Texas, December 9, 10 and 11, and it achi ... Continue reading
TBC Corporation Provides 2004 Growth Outlook
- Anticipates EPS Growth of at Least 25% - - National Tire & Battery Stores Expected to Contribute At Least $0.15 per Diluted Share - - Company Reiterates 2003 Guidance - MEMPHIS, Tenn, Dec. 15 -- TBC Corporation , one of the nation's largest marketers of automotive replacement tires, today provided its financial outlo ... Continue reading
Transactions Improve Company's Financial Flexibility LAKE FOREST, Ill., Dec. 15 -- Tenneco Automotive announced that the company on Friday, December 12 closed on its $800 million senior credit facility and a private offering of $125 million of 10.25 percent Senior Secured Notes, due July 15, 2013. These two transaction ... Continue reading
Warrantech Chairman Withdraws Proposal to Take Company Private
BEDFORD, Texas--Dec. 15, 2003--Warrantech Corporation (OTC:WTEC), a leading independent provider of service contracts and after-market warranties, today announced that Mr. Joel San Antonio, the founder of the company, has withdrawn his proposal to take the company private. Mr. San Antonio's proposal had involved cashin ... Continue reading
World Famous Scientist C.C. Chan to Head ZAP Advisory Board
SEBASTOPOL, Calif., Dec. 15 -- Electric vehicle developer ZAP (BULLETIN BOARD: ZAPZ) announced today that Professor C.C. Chan of the University of Hong Kong has agreed to head its Advisory Board. Professor Chan has been called the "Father of Asian Electric Vehicles" by Global View Magazine 2003. He has been actively in ... Continue reading
Parts Dealer CSK Announces Intent to Refinance Existing Indebtedness
PHOENIX--Dec. 15, 2003--CSK Auto Corporation , the parent company of CSK Auto, Inc., a specialty retailer in the automotive aftermarket, announced today its intention to repurchase its $280 million of 12% Senior Notes due 2006 in a cash tender offer that is expected to commence tomorrow. Consents to amend certain provi ... Continue reading
External Antenna Specialized for Commercial Vehicle Telematics; Data and Tracking Applications
LINCOLN, Neb.--Dec. 15, 2003--Centurion Wireless Technologies, Inc., the leading designer and manufacturer of antennas and power products for wireless communications, today announced the tri-band External Mercury(TM) antenna for automotive communications systems. The low-profile, waterproof antenna can be mounted anywh ... Continue reading
UQM Technologies Delivers Compressor Motors to Eaton Corporation for Use in Fuel Cells
FREDERICK, Colo., Dec. 15 -- UQM TECHNOLOGIES, INC. (AMEX:UQM) , a developer of alternative energy technologies, announced today that it has developed and delivered a UQM(R) compressor drive motor to Eaton Corporation , a Tier I supplier to automobile manufacturers worldwide, for use as part of the air handling system ... Continue reading
- Interactive Direct Response Element Produces High Number of Positive Consumer Responses - BOCA RATON, Fla., Dec. 15 -- Hollywood Media Corp. announced today the results of an innovative video-on-demand ("VOD")-based advertising campaign on its Totally Hollywood TV digital cable channel. The campaign ran for Buick, a ... Continue reading
ArvinMeritor and ZF Promise Vigorous Defense Against Eaton's Legal Actions
TROY, Mich., Dec. 15 -- ArvinMeritor Inc., ZF Friedrichshafen AG and ZF Meritor LLC today announced that they are committed to a vigorous defense against the legal actions launched recently by Eaton Corporation against the three companies in connection with the ZF Meritor FreedomLine automated manual heavy truck transm ... Continue reading
IMPCO Produces Innovative Hybrid Public Transport Fuel System
CERRITOS, Calif., Dec. 15 -- IMPCO Technologies, Inc. announced today that IMPCO-BERU Technologies BV has supplied LPG engine management systems to Advanced Public Transportation Systems in Holland. These systems are used in the first series of newly designed innovative Phileas busses with hybrid propulsion. Phileas is ... Continue reading
Bill Ford Delivers New Jaguar X-Type Sedan To Evelyn Y. Davis, Stockholder Activist
WASHINGTON, Dec. 15 -- Legendary stockholder activist and corporate government expert Evelyn Y. Davis today got exactly what she wanted -- the keys to a new 2004 Jaguar X-Type sedan. The Washington, D.C. resident, most famous as the Editor of the financial newsletter Highlights and Lowlights, was presented with the key ... Continue reading
Ford Elects Spanish Language Publisher Kimberly Casiano to Its Board of Directors
DEARBORN, Mich., Dec. 15 -- Ford Motor Company announced today the election of Kimberly Casiano, president and chief operating officer of Casiano Communications, Inc., to the Company's Board of Directors. "Kim is a respected leader and entrepreneur in the world of magazine publishing and in the U.S. Hispanic business c ... Continue reading
Fleetwood RV and Prilosec OTC Hit the Road -Look For Heartburn In a Town Near You
P&G Selects Fleetwood RV to Help Drive Sales of New OTC Heartburn Medication RIVERSIDE, Calif. and CINCINNATI, Dec. 15 -- Fleetwood RV and Procter & Gamble today announced a partnership agreement for the marketing launch of Prilosec OTC, a non-prescription frequent heartburn medication. "P&G is thrilled to be partnerin ... Continue reading
The MathWorks Signs Strategic Agreement With Toyota and DENSO
The MathWorks Delivers Extended Support Services to Toyota and DENSO for Use in Software Development for Automotive Production Programs NATICK, Mass., Dec. 15 -- The MathWorks today announced it has signed an agreement with Toyota and DENSO, Toyota's primary automotive supplier, to provide extended support services for ... Continue reading
PhatBox Digital Media Player Deemed a 2004 Design and Engineering Showcase Honoree in the Mobile Electronics Category LOS ANGELES, Dec. 15 -- PhatNoise Inc., the leading provider of automotive digital entertainment solutions, has been honored by the Consumer Electronics Association with an International CES Innovations ... Continue reading
Dealer Survey Reveals Demand For Blind Spot Detection Technology
AUBURN HILLS, Mich., Dec. 15 -- Valeo Raytheon Systems (VRS) today released a study quantifying dealer demand for Blind Spot Detection technology. The study found that nearly three-quarters of automotive dealers surveyed by VRS reported that Blind Spot Detection technology would be a positive safety feature and having ... Continue reading
Roush, Shelby, Saleen Bring 'Passion for Performance' to SAE 2004 World Congress
WARRENDALE, Pa., Dec. 15 -- What do you get when you bring the current Winston Cup champion car owner, the legendary designer of the Ford Cobra, and the builder of a 200-mph street-legal supercar together in one place? Attendees at the SAE 2004 World Congress will find out when the mini- conference entitled "High Perfo ... Continue reading
Frank Markus Joins Motor Trend As Technical Director
NEW YORK, Dec. 15 -- MOTOR TREND, the world's number one automotive authority and part of the PRIMEDIA Consumer Automotive Group, today announced that Frank Markus will join the editorial staff of MOTOR TREND as Technical Director. He will be based in the Detroit office. Mr. Markus is an experienced journalist who has ... Continue reading
Mike Roberts Named North American Sales Manager For Consumer Electronics
TROY, Mich., Dec. 15 -- Delphi Corp. announced the appointment of Mike Roberts, 43, as North American Sales Manager, Consumer Electronics, Delphi Product & Service Solutions, effective today. He will report to Joseph Damato, Consumer Electronics Director. Most recently, Roberts has been Vice President of Mobile Electro ... Continue reading
CSM - Auto Industry Consultants, Names Worldwide Names Chief Economist
DETROIT, Dec. 15 -- CSM Worldwide, the global leader in providing market foresight to the automotive industry, announces Greg Mount has joined the firm as chief economist. According to CEO and President Craig Cather, Mount's responsibilities include developing and integrating macro- sales forecast scenarios and models ... Continue reading
SCHAUMBURG, Ill., Dec. 15 -- Insurance Auto Auctions, Inc. , a leading provider of automotive salvage and claims processing services in the United States, today announced that it has replaced its 10-year old Pittsburg, CA facility with an entirely new facility in Bay Point, CA, which is located less than 3 miles west o ... Continue reading
Toyota Announces Changes in External Affairs Top Management
NEW YORK, Dec. 15 -- Toyota Motor North America (TMA) President Toshiaki (Tag) Taguchi announced today that Jim Olson, senior vice president of External Affairs and Public Policy, will retire December 31st and become an advisor to the company. "We are grateful to Jim for his long and valued service to Toyota," said Tag ... Continue reading
PROVO, Utah--Dec. 15, 2003--Raser Technologies Inc. (OTCBB: RSTG) announced it has successfully installed its proprietary Symetron(TM) Technology into a flat or pancake-style motor designed for integrated or direct drive applications. Most hub or pancake-style motors rely on traditionally expensive permanent magnets de ... Continue reading
NEW YORK--Dec. 15, 2003--Navistar International Corporation , the nation's largest combined commercial truck and mid-range diesel engine producer, will tell security analysts today that it expects to double in size and become a solidly profitable $15 billion company by the end of the next industry business cycle which ... Continue reading
WARRENVILLE, Ill.--Dec. 15, 2003--International Truck and Engine Corporation announced that it has established a technology path to meet 2007 emissions requirements for all its International(R) 2007 model year vehicles. The decisions have been made based on the demonstrated abilities of the International(R) engines use ... Continue reading
Amicus members at Land Rover announce start of strike action
LONDON, December 15 -- Amicus members at Land Rover's plant in Solihull will start industrial action in a weeks time, beginning with a continuous ban on overtime commencing on Monday 22nd December. At a meeting of trade union shop stewards this morning it was also agreed that from 7.30 am on Monday 5th January, trade u ... Continue reading
IRVINE, Calif.--Dec. 15, 2003--KleenAir Systems Inc. (OTCBB:KAIR) announces a joint agreement with China South Industries Group and Chengdu Greenland Environmental Protection Technology Ltd. The agreement covers catalytic converters for exhaust treatment for the Chinese OEM automobile market. The principal area of cove ... Continue reading
AASCO Motorsports Announces Rolex Series Championship Effort
AASCO Motorsports Announces Rolex Series Championship Effort ANAHEIM, Calif., December 15, 2003 - Multi-time championship winning entrant AASCO Motorsports announced its return to professional sports car racing today at its Anaheim, California shop. The team, owned and managed by legendary racer Dennis Aase, will compe ... Continue reading
Toyota May Sell Heavy Truck in U.S. - This IS a Big Deal
DETROIT December 15, 2003; Norihiko Shirouzu writing for Dow Jones reported that Toyota is considering a foray into America's heavy-duty pickup market with its own beefy three-quarter-ton pickup truck, attacking a highly profitable niche in the truck business dominated by Ford Motor Co., General Motors Corp. and Daimle ... Continue reading
NEW YORK December 14, 2003; The AP reported that car dealers are selling insurance to fill the gap between the value of your car and how much you owe. Once almost exclusively used in lease contracts, GAP insurance is creeping into more traditional car loans. GAP -- which stands for guaranteed auto protection -- promise ... Continue reading
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