Apogee Technology Announces Filing Delays, 2004 Unaudited Operating Results and 2005 Outlook
NORWOOD, Mass.--April 15, 2005--Apogee Technology, Inc. (AMEX:ATA), a global provider of integrated circuits and MEMS devices for the consumer, automotive, communications and medical markets, today announced that it will delay the filing of its Annual Report on Form 10-KSB for the Company for year ended December 31, 20 ... Continue reading
Asbury Automotive Group Schedules Release of First Quarter Results and Conference Call
NEW YORK, April 15 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today announced that it will release its first quarter financial results before the market opens on April 26, 2005. Senior management, including Kenneth B. Gilman, President and CEO, and J. Gord ... Continue reading
LAS VEGAS, April 15 -- EXX INC (Amex: EXX-A; EXX-B) today announced its consolidated net sales and net income for the quarter and the year ended December 31, 2004. 2004 2003 (A) (unaudited) (unaudited) Quarter Ended December 31 Net sales $34,299,000 $33,917,000 Income (loss) from continuing operations $(1,100,000) (B)( ... Continue reading
HOPE, Ark., April 15 -- Champion Parts, Inc. (BULLETIN BOARD: CREB) , remanufacturer of automotive parts, today announced net income for the fourth quarter ended Dec. 31, 2004 of $37,000, or $0.01 per share, compared to $221,000, or $0.06 per share for the same period in 2003. Net sales were $4,828,000, compared to $5, ... Continue reading
AURORA, Ill., April 15 -- United Recyclers Group, LLC (URG) announces the release of a recycled automotive parts grading system for industry wide use. The ABC Parts Grading System(TM) has been developed and tested to be a viable quality system for used auto parts, and is applicable to all segments of the automotive ind ... Continue reading
MINNEAPOLIS, April 15 -- (Pink Sheets: VPWS) Viper Powersports Inc., today announced that it completed the merger with Viper Motorcycle Company. In connection with the merger, Viper Powersports issued 4,452,062 common shares and 783,000 preferred shares to the shareholders of the Viper Motorcycle Company. Certain share ... Continue reading
CarMax Opens First Store in Jacksonville, Florida
RICHMOND, Va., April 15 -- CarMax, Inc., , the nation's largest retailer of used cars, officially opened its first store in the Jacksonville area today. The new CarMax superstore, located at 11335 Atlantic Boulevard in Duval County, is more than 50,000 square-feet, employs 95 people and stocks 300 to 500 vehicles of ne ... Continue reading
DaimlerChrysler Services Presents Financial Health Workshop to Pontiac Students
WHAT: DaimlerChrysler Services, the finance arm of DaimlerChrysler, announces support for Detroit's Money Smart Week celebration April 17-26. DaimlerChrysler Services will focus on financial health workshops presented within the Pontiac School District as a partner in the community encouraging financial education. The ... Continue reading
Dollar Thrifty Automotive Group to Announce First Quarter 2005 Financial Results
TULSA, Okla., April 15 -- Dollar Thrifty Automotive Group, Inc. will announce first quarter 2005 financial results prior to market open on Thursday, April 28, 2005. (Logo: http://www.newscom.com/cgi-bin/prnh/20020412/DTGLOGO ) A conference call to review the company's first quarter 2005 results will be held at 10:00 a. ... Continue reading
NEW YORK, April 15 -- Zipcar, the country's largest car- sharing company, offering cars for use by the hour or day, is helping customers at Whole Foods Market(TM) learn about how they can support the environment while getting their groceries home. Zipcar is partnering with Whole Foods Market(TM) to celebrate Earth Day. ... Continue reading
CHICAGO, April 15 -- Mothers Against Drunk Driving (MADD) and Chrysler Group will visit Amundsen High School in Chicago on April 19 at 8:40 a.m. to raise awareness among teens of the perils of underage drinking and promote teen driving safety just in time for prom and graduation season. More than 300 students are expec ... Continue reading
Milwaukee Mile DRIVE THE MILE Media Alert
MEDIA ALERT MILWAUKEE MILE 100 YEARS AND ACCELERATING Contact: Jim Tretow Director of Public Relations (414) 750-0042 cell jtretow@milwaukeemile.com RACE FANS 'DRIVE THE MILE' TOMORROW STORY, PHOTO OPPORTUNITY (Milwaukee, Wis.) April 15, 2005 - TOMORROW, The Milwaukee Mile opens it's pit gates to allow race fans to dri ... Continue reading
Monaco's Beaver Manufacturing Facility in Bend, Oregon Will Be Permanently Closed COBURG, Ore., April 15 -- Monaco Coach Corporation announced today that it will move the production of all Beaver Class A motorhomes to its Coburg, Oregon, campus and permanently cease operations at its Bend, Oregon motorhome manufacturin ... Continue reading
Outdoor Channel Colors to Have Presence at NASCAR Race
TEMECULA, Calif., April 15 -- The Outdoor Channel(TM) (TOC) announced that the network's colors will adorn the No. 33 Chevrolet driven by Tony Stewart in this weekend's NASCAR Busch Series O'Reilly 300. The Outdoor Channel's colors will join those of the World of Outlaws Sprint Series for the race to be held this Satur ... Continue reading
Progressive Corporation Press Release
MAYFIELD VILLAGE, Ohio--April 15, 2005--The Board of Directors of The Progressive Corporation today declared a quarterly dividend of $.03 per Common Share payable June 30, 2005, to shareholders of record at the close of business on June 10, 2005. At the Annual Meeting of Shareholders today, Progressive's shareholders r ... Continue reading
Redesigned FreedomLine(TM) to Comply with Limited ITC Ruling
TROY, Mich., April 15 -- ArvinMeritor and ZF announced today that the order issued on April 7 by the International Trade Commission (ITC), based on a complaint by Eaton Corporation, is limited to automated mechanical transmissions which infringe upon Claim 15 of the '279 patent. "Claim 15 pertains to a non-critical asp ... Continue reading
Solutia Announces Price Increases For Vydyne(R) And Ascend(R)
ST. LOUIS, April 15 -- Effective May 15, 2005, Solutia Inc. (BULLETIN BOARD: SOLUQ) will implement a price increase across all grades of its Ascend(R) nylon polymers and Vydyne(R) nylon molding resins worldwide. This price increase will be $0.10 per pound in North America; $220 per metric ton in Asia; and 20 euro cents ... Continue reading
Spartan Motors Presents at KeyBanc's Emergency Rescue Conference
CHARLOTTE, Mich., April 15 -- Management of Spartan Motors, Inc. presented today at the second annual Key Banc Emergency Rescue Conference in Indianapolis. The Charlotte, Mich.-based manufacturer of custom motorhome chassis, fire truck chassis and emergency-rescue vehicles said the annual institutional equity conferenc ... Continue reading
Spartech Receives Invest in France Automotive Award
ST. LOUIS, April 15 -- Spartech Corporation was one of three companies honored at the tenth annual Invest in France Automotive Awards during the Society of Automotive Engineers World Congress. Along with GM Powertrain and Magna International, Spartech was recognized as a leading North American supplier to the automotiv ... Continue reading
ZAP to Make Announcement Regarding Smart Car at Santa Ana City Hall, April 19
Test Drive, Ribbon Cutting With Santa Ana Mayor, April 19 SANTA ANA, Calif., April 15 -- ZAP (BULLETIN BOARD: ZAPZ) , pioneering the next generation of advanced transportation and energy technologies, says it will be making an announcement regarding the Smart Car Americanized by ZAP on April 19 in conjunction with Sant ... Continue reading
Giant Motorsports Revenue for '04 Year-End Increases 74% Over Year-End '03
SALEM, Ohio, April 15 -- Giant Motorsports, Inc. (BULLETIN BOARD: GMOS) , implementing a national roll up strategy with a "big box" destination business model in the motorcycle and powersports industry, today announced record financial results for its year ended December 31, 2004. Revenue for the year was $79.9 million ... Continue reading
Elite Flight Solutions Executes Agreement To Acquire Ford / Hyundai Dealership
ROANOKE, Va.--April 15, 2005--Elite Flight Solutions, Inc. (OTCBB:EFLT) (the "Company") announced today it has entered into an Asset Sale Agreement with Stateline Ford, Inc., the owner and operator of a New Jersey dealership (the "Dealership") duly franchised for the sale of Ford and Hyundai automobiles, trucks and use ... Continue reading
BMW Foundation Herbert Quandt Appoints Jürgen Chrobog Chair
Munich 04/15/2005; The Board of Trustees of the BMW Foundation Herbert Quandt has appointed Jürgen Chrobog (65) to be the Chairman of the Board of Management of the BMW Foundation Herbert Quandt. Jürgen Chrobog, who is State Secretary of the Foreign Office, will take up the position at the beginning of July 2005. The ... Continue reading
China's Chery - Looking Good at Auto Shanghai 2005
Chery Automobile Co. will introduce five new models at the forthcoming Auto Shanghai 2005 exhibition. A21: New production-ready model, based on the Seat Toledo-derived FengYun. It will be powered by 1.6-liter and 2.0-liter gasoline or a 1.9 TDCi diesel engine. There will be three transmission options: manual, automatic ... Continue reading
Southern California Volvo Retailers Team Up With Cycles Veloce for 2005
IRVINE, Calif., April 15 -- Volvo Cars of North America, LLC (VCNA) & Southern California Volvo retailers will be a sponsor of Cycles Veloce, during 2005. The relationship is consistent with Volvo's commitment to people who embrace life as well as its rich tradition in cycling. Since its inception in 1982, Cycles Veloc ... Continue reading
Rubber Company Helps NASCAR Teams Match Engines to Tracks
FORT WORTH, Texas, April 15 -- Each NASCAR racetrack rolls out unique demands on race engine setups, so NASCAR teams turn to Goodyear Engineered Products and its lineup of automotive belts to help optimize performance. (Logo: http://www.newscom.com/cgi-bin/prnh/20050204/GTLOGO ) "Last week, many teams used mechanical c ... Continue reading
Telematics and In-Car Technology Mostly for Big City Dwellers
ENCINITAS, Calif.--April 15, 2005--Drivers in America's biggest cities use Stolen Vehicle Tracking, In-Vehicle Navigation, and Monitored Telematics systems more often than those in rural areas, according to the recently released Telematics Profile Report from MetaFacts and the Telematics Research Group (TRG). "Car thef ... Continue reading
The Reva Electric Car Company announces the world premiere of its new Concept Car;REVA-NXG
Kapil Sibal, Union Minister for Science & Technology, launched ‘REVA-NXG,’ the next generation Electric Vehicle created by REVA Electric Car Company Pvt. Ltd. (RECC) in Monaco last week. The new concept car is the result of a collaborative effort between RECC, automobile designer Dilip Chhabria and Simputer ... Continue reading
Johnson wins at SSP on Thursday
Contact: Todd Fisher Bryan Householder (717) 292-1696 -FOR IMMEDIATE RELEASE JOHNSON WIN SEASON OPENER IN SSP SPRINT CAR ACTION NEWBERRYTOWN, PA (April 14, 2004) – Jason Johnson making his first ever visit to Susquehanna Speedway Park drove to victory lane in Thursday evening’s 25-lap Spri ... Continue reading
Ward's Reports Estimated North American Vehicle Production
SOUTHFIELD, Mich., April 15 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 345,214 units, up 4.2 percent from the 331,333 cars and trucks built last week, according to WardsAuto.com. Including this week's estimates, calendar year North American output now totals 4,908,797 ... Continue reading
The History Channel Presents: The Most Powerful Cars in Automotive History
AUTOMANIAC Hosted by Bill Goldberg Series premiere Wednesday, June 1st @ 10 p.m. ET/PT NEW YORK, April 15 -- Buckle your seat belts-it's going to be a wild ride. Hosted by pro wrestling and feature film star Bill Goldberg, AUTOMANIAC puts you in the driver's seat of the coolest, hottest, fastest and most unusual vehicl ... Continue reading
Launching the new M6, BMW M GmbH is proudly presenting the most dynamic and sporting rendition of the 6 Series Luxury Coupé. This makes BMW’s large Coupé in the guise of the M6 one of the most beautiful cars in the world – and at the same time the most sophisticated and powerful 6 Series there has ever be ... Continue reading
Evader Vehicles Set to File with SEC in May
BELLEVUE, Wash.--April 15, 2005--Bellevue, Washington-based Evader, Inc. (www.evader.us.) (Pink Sheets:EVDR), the maker of electric high-performance vehicles powered by their leading-edge proprietary technology announced that the Seattle firm of Peterson Sullivan is finalizing the company's audited financial statements ... Continue reading
A. O. Smith Reports First Quarter Earnings of $.48 Per Share
MILWAUKEE, April 15 -- Bolstered by strong operating performance from its water heater business, A. O. Smith Corporation today announced first quarter earnings of $14.3 million or $.48 per share, a 32 percent increase over last year. Revenues for the quarter ended March 31 were $409.2 million, lower than first quarter ... Continue reading
Company Profile for AMSOIL INC.
--AMSOIL(R) manufactures premium synthetic lubricants for automotive, light and heavy duty truck, motorcycle, RV, off road, marine, personal watercraft, power sports and heavy equipment applications. Tested and proven over billions of miles of service, AMSOIL, INC. has been the leader in synthetic lubrication since 197 ... Continue reading
DaimlerChrysler Names ADESA Indianapolis as Auction of the Year
AUBURN HILLS, Mich., April 15 -- DaimlerChrysler Remarketing today named ADESA Indianapolis, Indianapolis, Ind. Auction of the Year. In winning the award, ADESA Indianapolis becomes the first ADESA auction house to be recognized by DaimlerChrysler Remarketing as its top- performing auction. ADESA Indianapolis, one of 2 ... Continue reading
Hayes Lemmerz Reports 9% Sales Gain for Fiscal Year Ended January 31, 2005
Earnings From Operations Excluding One-Time Items Were Lower, Mostly Due to Higher Iron and Steel Prices; Balance Sheet Strengthened NORTHVILLE, Mich., April 15 -- Hayes Lemmerz International, Inc. today reported that sales for the fiscal year ended January 31, 2005 rose 9.1% to $2.24 billion, compared with $2.06 billi ... Continue reading
HOUSTON, April 15 -- Shell Oil Products US, marketer of the No. 1 selling gasoline brand and the best-selling premium gasoline in the US, recently launched a second-quarter promotion designed to reward new Shell Gasoline Card holders for their fuel purchases and further build the company's branded gasoline credit cardh ... Continue reading
Research and Markets: Future Trends and Developments in the Italian Automotive Aftermarket
DUBLIN, Ireland, April 15 -- Research and Markets (http://www.researchandmarkets.com/reports/c15811 ) has announced the addition of Automotive Aftermarket in Italy to their offering. (Logo: http://www.newscom.com/cgi-bin/prnh/20040820/RESEARCH ) Our Automotive Aftermarket in Italy industry profile is an essential resou ... Continue reading
Vespa Celebrates Its Grand Opening in Austin, TX
Legendary Italian Motor Scooter Now Available Locally AUSTIN, Texas, April 15 -- Vespa, the world-famous Italian motor scooter company, this week celebrates the grand opening of its first Vespa store in Austin, TX. The festivities for the newest U.S. Vespa dealership will feature a ribbon cutting ceremony and an in-sto ... Continue reading
NORMAN, Okla.--April 15, 2005--Boundless Motor Sports Racing, Inc. d/b/a DIRT MotorSports(TM) (DIRT) (OTCBB:BMSR) announced that on Saturday, April 16, the colors of the World of Outlaws Sprint Series(R) will join those of its exclusive broadcast partner, The Outdoor Channel, on the No. 33 Chevrolet driven by Tony Stew ... Continue reading
Genuine Parts Company Reports Record First Quarter Results
ATLANTA--April 15, 2005--Genuine Parts Company reported record sales and earnings for the first quarter ended March 31, 2005. Thomas C. Gallagher, Chairman, President and Chief Executive Officer, announced today that sales totaling $2.3 billion were up 7% compared to the first quarter of 2004. Net income for the quarte ... Continue reading
New Porsche Prototype Racing Program Announced for North America
Penske Motorsports to Partner in Campaigning New Factory-Built Porsche Racecar ATLANTA, April 15 -- In response to increasing customer demand and to raise the excitement level in American sports cars racing, Porsche Cars North America, Inc. (PCNA), and Porsche Motorsport North America (PMNA), today revealed they will e ... Continue reading
J.D. Power U.K.- Customer Satisfaction Report
MINI is Most-Improved Brand in Customer Satisfaction Lexus Retains Title as Most Satisfying Brand to Own LONDON April 14, 2005: UK motorists rate MINI the most-improved brand in the J.D. Power and Associates/What Car? magazine 2005 Car Customer Satisfaction Index (CSI) StudySM released today, and luxury Japanese brand ... Continue reading
Easy To Live With<p> By Steve Purdy<br> TheAutoChannel.com Detroit Bureau<p> Is it a car or is it a truck? Is it a sport-utility or a station wagon? Is it a kid hauler or a luxury coach? I guess it’s a bit of all of those. Ford’s fresh new Freestyle is the square backed version of the mass-market Five Hundr ... Continue reading
2004 and 2005 Crash Ratings of Vehicles With Side Air Bags
2004 & 2005 Vehicles with Side Air Bags Side-impact air bags (SABs) SABs offer protection to two principal areas of the body -- the head and the chest -- during moderate to severe side-impact crashes. The chart below indicates which vehicles offer what type of protection (head and/or chest) and the type of SAB used to ... Continue reading
Insurance Cost Comparisons By Model and Make - Know Before You Get The Hots
COMPARISON OF DIFFERENCES IN INSURANCE COSTS FOR PASSENGER CARS, STATION WAGONS/PASSENGER VANS, PICKUPS AND UTILITY VEHICLES ON THE BASIS OF DAMAGE SUSCEPTIBILITY MARCH 2005 The National Highway Traffic Safety Administration (NHTSA) has provided this information in compliance with Federal law as an aid to consumers con ... Continue reading
Automakers Head for Shanghai Auto Show, Hoping for Rebound in Sagging Sales Growth
SHANGHAI, China April 15, 2005; Elaine Kurtenbach writing for the AP reported that top world automakers will showcase new models in China's commercial center of Shanghai next week in hopes of reviving languishing domestic sales. General Motors, Ford and other major industry players will be showing dozens of vehicles at ... Continue reading
-- What: AAA's Great Battery Roundup(R) is a recycling campaign to collect "stray" vehicle, motorcycle, boat and small plane batteries for recycling and supporting a local environmental group. Batteries will be accepted April 16-23 at 96 collection locations throughout the Southland. Who: The Auto Club and motorists wo ... Continue reading
DUBLIN, Ireland, April 15 -- Research and Markets (http://www.researchandmarkets.com/reports/c15807) has announced the addition of Automotive Aftermarket in Japan to their offering. (Logo: http://www.newscom.com/cgi-bin/prnh/20040820/RESEARCH ) Our Automotive Aftermarket in Japan automotive aftermarket industry. It inc ... Continue reading
Southern California Gas Prices Continue Up, May Be Near Peak, says Auto Club
LOS ANGELES--April 15, 2005--Gasoline prices continued their upward march throughout Southern California last week, but lower costs for crude oil and stability in the wholesale gas market indicate that pump prices may be nearing a peak, according to the Automobile Club of Southern California's Weekend Gas Watch. For th ... Continue reading
Moller International Skycar on CBS 60 Minutes
DAVIS, Calif.--April 15, 2005--Dr. Paul Moller, President of Moller International, Inc. (OTC:MLER), and the Moller M400 Skycar are going to be on the CBS 60 Minutes program this Sunday, 17 April 2005. The segment entitled "Highway in the Sky" will feature an interview by Bob Simon with Dr. Moller. This episode of the N ... Continue reading
SANTA ROSA, Calif.--April 14, 2005--ZAP (OTCBB:ZAPZ), pioneering the next generation of advanced transportation and energy technologies, has announced that advance purchase orders from U.S. auto dealers for the SMARTCAR has crossed the half-billion-dollar mark, indicating continued strong demand by American drivers for ... Continue reading
DUBLIN, Ireland, April 14 -- While rates will undoubtedly stay soft in the coming year, it is highly unlikely that the motor market will see a return to the bad old days of plummeting rates and a sustained period of undercutting resulting in a genuine price war. The dwindling market share of those outside the top twent ... Continue reading
Research and Markets: Why the Electronics Industry is Coming to the Aid of Auto Makers
DUBLIN, Ireland, April 14 -- Research and Markets (http://www.researchandmarkets.com/reports/c15789 ) has announced the addition of Automotive Systems Convergence to their offering One of the biggest challenges facing today's auto industry is resolving the conflict of meeting customer expectation - generally interprete ... Continue reading
Freescale Takes Lead in Embedded Processor Market
AUSTIN, Texas--April 14, 2005--Freescale Semiconductor strengthened its leadership position in the growing embedded processor market in 2004, according to Gartner Dataquest's recently released Semiconductor Applications Worldwide Annual Market Share - Database. Freescale seized the No. 1 position with 28.2 percent mark ... Continue reading
DuPont Superstructural Plastics Push Back Barriers to Metal Replacement
Bob, the 6th of 7 DuPont releases. Again, note where to get hi-res images Yours truly, Francis Lieder PRISM North America 313-583-8105 Contacts: Carole Davies - or - Julian Kestler DuPont Automotive Kestler & Co. 248-583-8112 609-683-1322 Carole.A.Davies@usa.dupont.com jkestler@patmedia.netDETROIT, April 11, 2005 â ... Continue reading
AAA Holds Skills Competition for Student Auto Technicians
MINNEAPOLIS, April 14 -- AAA and Ford once again will determine the best young auto technicians in the country. Minnesota students will compete in the hands-on portion of the Ford/AAA Student Auto Skills competition on Wednesday, April 27, 2005, at the Hennepin Technical College (9000 Brooklyn Boulevard, Brooklyn Park, ... Continue reading
Leading Technology Organizations Recognize NAVTEQ Traffic
NAVTEQ Traffic Credited With Powering Award Winning Product, XM NavTraffic CHICAGO, April 14 -- NAVTEQ , a leading global provider of digital maps for vehicle navigation and location-based solutions, has been recognized for its role in enabling XM Satellite Radio's award winning XM NavTraffic(TM) product with its NAVTE ... Continue reading
Viper Motorcycle Company Enters into Production Agreement with Performance Assembly Solutions
MINNEAPOLIS, April 14 -- (Pink Sheets: VPWS) Viper Motorcycle Company, a subsidiary of Viper Powersports, Inc., today announced that Performance Assembly Solutions will manufacture and assemble Viper's proprietary motorcycles and motorcycle engines at its Livonia, Michigan manufacturing facility. Viper plans to support ... Continue reading
Chrysler Group Reports Record March 2005 Certified Pre-Owned Vehicle (CPOV) Sales
- March Sales Establish New Monthly Record - First Quarter Sales Set New Record - Second Consecutive Quarter of Record Sales AUBURN HILLS, Mich., April 14 -- Chrysler Group reported that its Five-Star dealers sold 10,551 Certified Pre-Owned Vehicles (CPOV) during March 2005, an increase of 5 percent over March 2004 sal ... Continue reading
Top Auto Executive Joins ASIMCO Technologies
Focus will be on acquisitions and strategic alliances DETROIT, April 14 -- ASIMCO Technologies Limited ("ASIMCO Technologies" or the "Company"), one of the largest independent producers of automotive components in China, today announced Robert D. Pyle has joined the Company as Vice President of Corporate Development. I ... Continue reading
LiveDeal Autos Becomes Fastest-Growing New Autos Site
Consumers Not Only Browse LiveDeal.com's Huge Inventory for the Perfect Vehicle, They Can "One-Stop-Shop" for Furniture, Electronics and Other Items PALO ALTO, Calif., April 14 -- Consumers looking online for a broad selection of used cars in their local areas now have a powerful new weapon in their arsenal thanks to L ... Continue reading
Polaris Reports Record First Quarter 2005 Results
MINNEAPOLIS--April 14, 2005--Polaris Industries Inc. today reported record first quarter net income from continuing operations of $0.42 per diluted share for the quarter ended March 31, 2005, an 11 percent increase over the prior year first quarter net income from continuing operations of $0.38 per diluted share. Highe ... Continue reading
Eaton Reports First Quarter Net Income Per Share Up
CLEVELAND--April 14, 2005--Diversified industrial manufacturer Eaton Corporation today announced net income per share of $1.19 for the first quarter of 2005, an increase of 40 percent over net income per share of $.85 in the first quarter of 2004. Sales in the quarter were a record $2.65 billion, 19 percent above the s ... Continue reading
Navistar's South American Engine Subsidiary Agrees to Acquire Another Diesel Engine Company
WARRENVILLE, Ill.--April 14, 2005--Navistar International Corporation announced today that its South American engine subsidiary, International Engines South America, has agreed to acquire MWM Motores Diesel Ltda (MWM), a major Brazilian diesel engine producer. Purchase price was not disclosed. MWM produces a broad line ... Continue reading
Yamoto by Patriot Scores Big Win at Long Beach Grand Prix
SAN CLEMENTE, Calif.--April 14, 2005--Patriot Motorcycles Corporation (Pink Sheets: PMCY) today announced a record-breaking performance at last weekend's 31st Annual Toyota Grand Prix of Long Beach. Both the company and its flagship line of Yamoto by Patriot dirt bikes and ATVs were a major presence in every aspect of ... Continue reading
Research and Markets: Global Market Review and Forecasts for OE Absorbers
DUBLIN, Ireland, April 14 -- Research and Markets (http://www.researchandmarkets.com/reports/c15719 ) has announced the addition of Global Market Review for OE Shock Absorbers - Forecasts To 2010 to their offering. (Logo: http://www.newscom.com/cgi-bin/prnh/20040820/RESEARCH ) The global shock absorber market is techni ... Continue reading
Linamar Announces Intent to Establish First Chinese Facility
GUELPH, Ontario--April 14, 2005--LINAMAR Corporation (TSX:LNR) is pleased to announce the signing of an Agreement with the City of Wuxi in the province of Jiangsu, China. The Agreement outlines a commitment on the part of Linamar to lease a facility from the city immediately. It also details the plan of the company to ... Continue reading
VANCOUVER, British Columbia--April 14, 2005--Ballard Power Systems Inc. (TSX:BLD) is pleased to announce that a public ceremony for the delivery of the world's first commercial fuel cell power generator systems was held at the Japanese Prime Minister's new official residence on April 8, 2005. A unit manufactured by Eba ... Continue reading
Rhodia's Eolys Earns More Approvals for Effectively Eliminating Diesel Particulate Emissions
DETROIT--April 14, 2005--Rhodia's Eolys(TM) fuel-borne catalyst has been approved for 2005 by Europe's "VERT project" for effectively eliminating virtually all diesel particulate emissions when used with the ExoClean(TM) diesel particulate filter. The filter and other system components were among various technologies l ... Continue reading
SAE Foundation Launches $20 Million Centennial Campaign
GM Pledges Leadership Gift of $5 Million DETROIT, April 14 -- The SAE Foundation has launched a multi- million dollar centennial campaign entitled Inspiring A New Generation. The campaign, which coincides with the celebration of SAE International's 100th anniversary, will be conducted in two phases. The goal of Phase 1 ... Continue reading
Toyota to produce cars in Russia
MOSCOW April 15, 2005; Japan Today reported that the Russian Ministry of Economic Development and Trade said Thursday Toyota Motor Corp has agreed to build an automobile assembly plant on the outskirts of St Petersburg, Russia's second largest city. A memorandum of understanding will be signed by Toyota, the ministry a ... Continue reading
Nissan starts vehicle production, sales in Egypt
TOKYO April 15, 2005; Japan Today reported that Nissan Motor Co said Thursday it has begun producing and selling its Pickup commercial vehicle in Egypt, where Nissan plans to establish an automotive industry base for the Middle East and North Africa. The Pickup commercial vehicle, the first model produced and sold unde ... Continue reading
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