Kingsley Coach Inc. Reports Third Quarter Results for March 31, 2001
MIDDLEBURG, Pa.--May 17, 2001--Kingsley Coach Inc. (OTC-BB:KNGS) continues to report profits for the third quarter in a row. The company reported revenue and earnings for the third quarter ended March 31, 2001 with EPS of .01 vs. a loss of (.02) cents per share for the 3rd Quarter of the year of 2000. Revenues increase ... Continue reading
Power Mosfet Technologies Moves Forward With Patent Infringement Case Against Infineon and St
DALLAS--May 17, 2001--The United States District Court for the Eastern District of Texas recently issued a pre-trial ruling in favor of Power Mosfet Technologies, L.L.C. (PMT) in its patent infringement lawsuit against Infineon Technologies AG and its subsidiaries (Infineon) and STMicroelectronics, N.V. and its subsidi ... Continue reading
AAA Statement on White House Energy Proposals
ORLANDO, Fla.--May 17, 2001--Release of the Bush Administration's energy plan sets the stage for a long-overdue debate on the nation's energy future. The time for finger-pointing has passed. Consumers expect the Congress and the White House to work together to develop plans and policies that will meet the nation's curr ... Continue reading
Rule the Road in a One-of-a-Kind RV From MTV's 'Road Rules'
29-Foot Customized Fleetwood Tioga Up for Sale on eBay Motors (http://www.ebaymotors.com) SAN JOSE, Calif., May 17 The 2001 Fleetwood Tioga Arrow motorhome featured in the upcoming season of the popular MTV series "Road Rules" is up for bid on eBay Motors (http://www.ebaymotors.com) through May 25. Sold by Road Rules P ... Continue reading
31st Annual SPE Awards Night Planned for November, 2001
DETROIT, May 17 "Automotive Survivor" is the theme for this year's Society of Plastics Engineers (SPE) Automotive Division's 31st Annual Innovation Awards Program, celebrated as the largest engineering recognition event of its kind. The event, which will emphasize the strength, versatility, creativity and endurance of ... Continue reading
(adv) FREE Recycler's Trade Exchange
Got Recyclables?* Need Recyclables?* *(see bottom for details) RecycleAuction.com Recyclable Plastic auctions .... going once ....going twice..... SOLD! RecycleAuction.com Recyclable Textiles and Clothing auctions .... going once ....going twice..... SOLD! RecycleAuction.com Recyclable Paper auctions .... going once .. ... Continue reading
Bosch Honored With Circle of Excellence Award
SOUTH BEND, Ind., May 17 The Indiana Regional Minority Supplier Development Council (IRMSDC) awarded Robert Bosch Corporation the "Circle of Excellence" award for its support of minority-owned suppliers. The "Circle of Excellence" awards are presented annually at the Indiana Opportunity Business Fair. The winning organ ... Continue reading
Delphi Engineer Recognized With Auto Interiors Lifetime Achievement Award
WARREN, Mich., May 17 Barbara A. Sanders, director of advanced development for the Interior Systems division of Delphi Automotive Systems , has been selected to receive Auto Interiors magazine's 2001 Lifetime Achievement Award. The official announcement and presentation was made to Sanders at a ceremony Wednesday night ... Continue reading
Engineous Software Unveils New Version of Software with Design for Six Sigma
DETROIT & CARY, N.C.--May 17, 2001-- iSIGHT 6.0 allows engineers to meet Six Sigma quality standards in the product design phase Engineous Software, provider of the award-winning integration, automation and design improvement software iSIGHT, announced yesterday at the 2001 International iSIGHT Automotive Industry Conf ... Continue reading
Exclusive Media Unveiling May 21; Volvo's Hi-Tech Safety Concept Car
NEW YORK, May 17 A car that detects heart beats. A car that reads fingerprints. A car that keeps occupants belted with four-point safety belts. An 'eyeball' sensor to adjust driver controls automatically. A car that communicates with your computer. ... Continue reading
MINNEAPOLIS--May 17, 2001--Hidden Creek Industries (HCI), a privately held management company, today announced the appointment of Scott D. Rued as its president and chief executive officer. He takes over responsibilities from S.A. "Tony" Johnson, who will become chairman of the company. "This is a natural transition an ... Continue reading
International Midas Dealers Association (IMDA) Names CustomerLink Systems Vendor of Choice for CRM
ROSEVILLE, Calif.--May 17, 2001--Today, CustomerLink Systems, Inc., a leader in delivering Customer Retention and Loyalty Programs to the automotive service and repair industry, was designated vendor of choice for Customer Relationship Management services by the International Midas Dealers Association. The agreement pr ... Continue reading
Johnson Controls Declares Cash Dividend
MILWAUKEE, May 17 The Directors of Johnson Controls, Inc. have authorized a regular quarterly cash dividend of $.31 per common share. The dividend is payable June 29, 2001 to shareholders of record June 15, 2001. Johnson Controls has paid consecutive dividends since 1887. Johnson Controls, Inc., is a global market lead ... Continue reading
Largest Buick Dealer in Southeast Uses ADP Solution to Find, Sell and Keep Customers
CHICAGO--May 17, 2001-- ADP(R) Announces Contract for eCRM Solution With Scott Buick The Dealer Services Group Of Automatic Data Processing, Inc. is pleased to announce that they have signed an agreement with Scott Buick of Pinellas Park, FL. to install ADP's eCRM solution. ADP's eCRM is the most comprehensive integrat ... Continue reading
USF Holland Drivers Win 1st Place MTA Safety Award For A Fifth Consecutive Year
HOLLAND, Mich.--May 17, 2001--USF Holland Inc., a regional carrier unit of USFreightways Corporation, has been honored with a first place award for driver safety by the Michigan Trucking Association (MTA). The Fleet Safety Awards were announced at the MTA's 53nd Annual Safety Awards Banquet on April 24. USF Holland's c ... Continue reading
LOS ANGELES--Con el objetivo de reducir el alarmante número de hispanos que mueren cada año en choques automovilísticos, la Administración Nacional de Seguridad de Tráfico en Carreteras (NHTSA, por sus siglas en inglés) lanzará el 21 de mayo una agresiva campaña nacional promoviendo el uso del cinturón de segu ... Continue reading
-- European automakers show the greatest improvement in overall vehicle quality, nearly tying Asian automakers for producing vehicles sold in the United States with the fewest problems in the first 90 days of ownership, according to the J.D. Power and Associates 2001 Initial Quality Study(SM) (IQS). You can reach the s ... Continue reading
Aftermarket Technology Corp. Announces Increase of Stock Repurchase Program
WESTMONT, Ill., May 17 Aftermarket Technology Corp. today announced that the share repurchase program, commenced on January 8, 2001 by the Company, certain members of management and directors of the Company, certain principals and affiliates of the Aurora Capital Group and certain other shareholders of the Company, is ... Continue reading
SEATTLE--May 15, 2001--Auteo Media, Inc. (OTCBB:AUTM), a leading provider of communication solutions for the automotive Industry announced reported sales for the quarter ending March 31, 2001. Year-over-Year Revenues Grow 43% to $302,585 Year-over-Year Gross Profits Grow 39% to $271,132 Current Assets Grow 82% from yea ... Continue reading
EVANSVILLE, Ind. & LONDON, Ontario--May 17, 2001--Today, Accuride Corporation announced a series of personnel moves at its London, Ontario, Canada Facility. Effective immediately, Alastair (Al) Brent will assume the responsibilities of Director of Operations for the London Plant, Joel Mayne will serve as the Facility's ... Continue reading
Caliber Collision Centers Opens Newly Constructed State-of-the-Art Facility in San Antonio
IRVINE, Calif.--May 17, 2001--Caliber Collision Centers, an Irvine-based operator of high-quality collision repair facilities in California and Texas, today announced the opening of a newly constructed state-of-the-art collision repair center in San Antonio, Texas. This advanced production repair facility, located on I ... Continue reading
PHILADELPHIA, May 17 Point 5 Technologies and Custom Technology Solutions (CTS) today announced a partnership to shape the future of integrated IT services in the automotive aftermarket. Point 5's e-Toolbox, an online ordering mechanism for repair shops, is being paired with CTS data warehouse (DATACAST) software, enab ... Continue reading
BINGHAM FARMS, Mich.--May 17, 2001--The SAE will hold a two-day TOPTEC symposium in Paris, France on October 18th and 19th 2001. The symposium will present the latest developments and on-going research in multilingual documentation for the automotive industry. The symposium will feature expert speakers from both the au ... Continue reading
SAN MARCOS, Texas--May 17, 2001--Electrosource Inc. ("the Company") said today that the previously announced (April 24, 2001) financing agreement with its majority shareholder, Kamkorp Ltd., ("Kamkorp"), a private holding Company headquartered in the United Kingdom has not been consummated. Under terms of the aforement ... Continue reading
Fidelity Investments Expands In-Vehicle Investment Service Availability Through OnStar
BOSTON--May 17, 2001-- Fidelity customers can now access account information and make transactions in a safer manner via OnStar's Virtual Advisor Fidelity Investments(R) and OnStar announced that beginning today, Fidelity customers will be able to access their personal account balances and holdings, and trade from thei ... Continue reading
Hayes Lemmerz International Announces Conference Call For First Quarter 2001 Results
NORTHVILLE, Mich., May 17 Hayes Lemmerz International, Inc. , announced that it is scheduled to release quarterly results for its first fiscal quarter ended April 30, 2001, on Thursday, June 7, 2001 and will hold a conference call at 11 a.m. (eastern time). To access the call, please dial 800-670-3540 domestic US or fo ... Continue reading
MILWAUKEE--May 17, 2001--ARI Network Services, Inc. , a leading provider of Partner Relationship Management (PRM) and business-to-business (B2B) Internet e-Commerce solutions that connect equipment manufacturers with their service and distribution networks, announced that Integrated Dealer Systems (IDS), a major suppli ... Continue reading
INTERMET Executive Receives Prestigious Industry Award
TROY, Mich., May 17 INTERMET Corporation Executive Vice President of Technical Services Dr. Gary Ruff received the 2001 Ray H. Witt Award Tuesday, May 15, at the Advanced Casting Research Center Spring Meeting held at Worcester Polytechnic Institute in Worcester, Mass. The Ray H. Witt Award, first established in 1999, ... Continue reading
AGOURA HILLS, Calif.--May 17, 2001-- Toyota Motor Corporation Dominates Vehicle Quality European automakers show the greatest improvement in overall vehicle quality, nearly tying Asian automakers for producing vehicles sold in the United States with the fewest problems in the first 90 days of ownership, according to th ... Continue reading
Leading manufacturer of vehicle interior systems honored among automaker's best global suppliers PLYMOUTH, Mich., May 17 Johnson Controls , a leading global manufacturer of automotive interior systems and batteries, has been named a 2000 General Motors Corporation Supplier of the Year for its superior performance in qu ... Continue reading
Products and concepts honored reflect supplier's strengths in vehicle telematics, infotainment and total interior design PLYMOUTH, Mich., May 17 Johnson Controls -- a leading global manufacturer of automotive interiors -- has been honored by Auto Interiors magazine with three Design and Technology Awards for 2001. The ... Continue reading
Lexus Quality Comes Shining Through in J.D. Power and Associates Initial Quality Study
TORRANCE, Calif., May 17 Lexus once again dominated the J.D. Power and Associates Initial Quality Study. The LS 430 was ranked as the best Premium Luxury car in Initial Quality, the ES 300 as best Entry-Luxury car and the RX 300 as best Luxury Sport Utility Vehicle. Additionally, three Lexus manufacturing plants took t ... Continue reading
MANN+HUMMEL AUTOMOTIVE Breaks Ground on Second Expansion in Three Years
PORTAGE, Mich., May 17 In April, MANN+HUMMEL AUTOMOTIVE, Inc. began the second expansion of its 119,000-square-foot manufacturing facility in Portage, Michigan. The expansion, which is targeted for completion late this summer, will bring the size of the facility to approximately 134,000 square feet. The added capacity ... Continue reading
NHTSA Launches Campaign to Promote Seat Belt Use Among Hispanics
LOS ANGELES, May 17 Determined to reduce the growing number of Hispanics who die in car crashes each year, the U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) on May 21 will launch a nationwide campaign to promote the use of seat belts. The campaign will kick off in Los Angele ... Continue reading
Polymer Nanocomposites Promise Cost Reduction in Automotive Parts
EXTON, Pa., May 17 Innovative uses for polymer nanocomposites in automotive along with other markets will be featured at the upcoming Nanocomposites 2001: Path to Commercialization conference hosted by Principia Partners. The event will be held at the Marriott Inner Harbor in Baltimore, MD on June 4-5, 2001, and is spo ... Continue reading
Rouge Industries Holds Annual Shareholders' Meeting, Declares a Second Quarter Dividend
DEARBORN, Mich., May 17 Rouge Industries, Inc. held its annual meeting of shareholders on Thursday, May 10, 2001 at Rouge Steel Company's Training Center in Dearborn, Michigan with more than 120 shareholders, suppliers, customers and employees in attendance. During the meeting, the Company's shareholders re-elected thr ... Continue reading
ZAPWORLD Announces Underwriting Agreement
SEBASTOPOL, Calif., May 17 ZAPWORLD.COM , a leading force in the electric vehicle market, has signed a best-efforts underwriting agreement with Donner Corp. International for a public offering of preferred stock to raise up to $12 million. Gary Starr, CEO of ZapWorld, explained the reasons for the additional capital re ... Continue reading
Capstone CFO to Speak at Bear Stearns Conference
CHATSWORTH, Calif.--May 17, 2001--Capstone Turbine Corp. Chief Financial Officer Jeffrey R. Watts is slated to make a presentation at 2:25 p.m. Eastern time, Monday, May 21, at the Second Annual Industrial and Power Technologies Conference: "Leveraging Technologies in the Industrial and Power Industries" to be held at ... Continue reading
Chrysler Concorde Receives 2001 J.D. Power IQS Award
AUBURN HILLS, Mich., May 17 The J.D. Power and Associates 2001 Initial Quality Study(SM), released today, awards the Chrysler Concorde the best Full-Size Car. In addition, the overall improvement for the Jeep(R) brand by approximately 20 percent is one of the most significant changes in the 2001 Initial Quality Study. ... Continue reading
PARAMUS, N.J., May 17 Motor Club of America ("the Company"), which plans to change its name to Preserver Group, Inc. later this year, today reported its results for the first quarter 2001. Book value increased 3.5% to $14.62 per share at March 31, 2001. The Company has reserved a new stock symbol, "PRES," with the Nasd ... Continue reading
NASA Launches Next Generation Effort
Houston - NASA announced the first round of contract awards in an agency initiative to find a more affordable and reliable highway into space. The Space Launch Initiative (SLI) is a research and development effort designed to substantially improve safety and reduce the high cost of space travel. The studies initiated w ... Continue reading
NEW YORK--May 17, 2001-- Travel + Leisure Reveals Winners of World's Best Service Poll; and other free multimedia for journalists -------------------------------------------------- J.D. Power and Associates Reports: European Automakers Nearly Tie Asians on New-Vehicle Initial Quality; Domestic Makers Follow European au ... Continue reading
Toyota Vehicles and Plants Take Top Honors in J.D. Power and Associates Initial Quality Study
TORRANCE, Calif., May 17 The Toyota Tundra full-size pickup truck, Sienna minivan, Avalon large sedan, and Corolla compact sedan all ranked highest in their respective segments in J.D. Power and Associates' Initial Quality Study 2 (IQS2) released today. The annual study measures vehicle owners' reported problems during ... Continue reading
Transportation Festival to Showcase New Technologies and Choices GREENFIELD, Mass. – From Waterbury, Connecticut to Albany, New York to Boston, Massachusetts, more than 50 cleaner, greener vehicles from 16 U.S. states and 4 countries are competing for a national championship. But these cars, trucks, scooters, and ... Continue reading
May 2001 -- European automakers show the greatest improvement in overall vehicle quality, nearly tying Asian automakers for producing vehicles sold in the United States with the fewest problems in the first 90 days of ownership, according to the J.D. Power and Associates 2001 Initial Quality Study(SM) (IQS). While Asia ... Continue reading
Nissan Announces Record Results for FY 2000
Net Profit of 331.1 Billion Yen Fulfills First Commitment of NRP Nissan Motor Company announced today financial results for fiscal year ended March 31, 2001. For the first full-year of the Nissan Revival Plan (NRP), the company reported a consolidated net profit after tax of 331.1 billion yen (US$2.7 billion, Euro 3.0 ... Continue reading
Monro Muffler Brake, Inc. Reports Fourth Quarter and Year End Results
Monro Muffler Brake, Inc., announced results for its fourth quarter and year ended March 31, 2001, reporting a 22% increase in net income for the fourth quarter over the prior year period. Sales for the fiscal 2001 fourth quarter were $50.1 million, compared to $50.0 million for the corresponding quarter ended March 31 ... Continue reading
ZAP Enters Joint Venture Agreement With Voltage Vehicles
ZAPWORLD.COM and Voltage Vehicles announced today they have entered into an agreement to form a joint venture to develop, design, manufacture, and distribute a full line of new personal electric vehicles as well as ZAP's current line of electric vehicles (EVs). Voltage Vehicles of Fulton, California has entered into an ... Continue reading
Nationwide Insurance Offers Three Options When Choosing Auto Insurance
Nationwide Insurance introduces Customer Choice in Ohio and Virginia, giving customers three ways to purchase auto insurance -- through a local agent, via a toll-free telephone number (1-877-On Your Side) or over the Internet at http://www.nationwide.com . Nationwide has integrated its Internet and toll-free sales init ... Continue reading
Schizo Stereo Technology Helps Truck Outfitters Deliver a Double Punch
Truck Outfitters' new radio campaign allows listeners to choose the commercial they want to listen to. Each of the three ads contains two separate story lines: one on the left channel and one on the right. If listeners fail to turn their stereo balance control all the way to the left or right, they will hear pure gibbe ... Continue reading
Rate Reduction Presents Opportunity for Car Buyers to Refinance Loans
The Federal Reserve's announcement of an additional one-half point reduction in the Federal Reserve fund rate presents a golden opportunity for consumers to experience lower vehicle ownership costs. Consumers can potentially save several hundred dollars in finance savings on a conventional auto loan. This rate reductio ... Continue reading
Visteon Gains Entry Into Collision Parts Business
Visteon Corporation continues to build its distributor base in the aftermarket climate control market by announcing that Eagle Automotive has selected Visteon as its supplier of premium line heat exchange products. Eagle provides Visteon entry into the important collision parts business. Eagle will sell the ClimatePro( ... Continue reading
Despite Negative Influences Memorial Day May Surpass Last Year's Travel
Despite the sluggish economy and record gasoline prices, travel during the upcoming Memorial Day holiday may surpass last year's record volume by a slight margin, AAA said today. AAA's annual Memorial Day holiday survey projects that 34.2 million Americans plan to travel 50 miles or more from home, up less than 1 perce ... Continue reading
WernerPegasus' Smart Card-Based Vehicle Theft Control System Wins Award
Optical Coding, Portable Scanners & Smart Cards Combine To Produce 80% Recovery Rate An advanced vehicle theft control system developed by WernerPegasus Corporation has earned the Innovative Security Technology Award at Thomson Financial's CardTech/SecurTech 2001, a conference dedicated to the latest developments in hi ... Continue reading
American Honda to Lead 2001 Tour de Sol With Two Greenest Vehicles on Sale Nationwide
WASHINGTON, May 17 American Honda Motor Co., Inc. returns as Gold Sponsor of The 13th Annual Tour de Sol, a green car rally organized by the Northeast Sustainable Energy Association (NESEA), the largest grassroots environmental group in the U.S. To be held May 19-26, the 2001 Tour covers more than 300 miles, starting i ... Continue reading
ATLANTA--May 17, 2001-- New Exclusive Agreement Enhances Car Buying and Selling Process for One Million BellSouth ISP Customers AutoTrader.com, the leading Internet destination and marketplace for buyers and sellers of used vehicles, and BellSouth today announced a content alliance under which AutoTrader.com will becom ... Continue reading
BP Launches Futuristic Retail Site and Clean Fuels in Greater Cleveland
CLEVELAND, May 17 The future of convenience and fuel retailing arrived in Greater Cleveland today as BP unveiled its first fully operational BP Connect store in Northeast Ohio and announced it is now offering a cleaner gasoline at its Greater Cleveland locations. Retail Offer The 24-hour stores deliver an unmatched lev ... Continue reading
Corvette Club Event to Benefit Braddock Needy Families - Spring Vettes '01 Supports Salvation Army
PITTSBURGH, May 17 Corvette owners from all over Western Pennsylvania will be showing their stuff at Pittsburgh's Premier Corvette Show on Sunday, May 20th. Come and see more than 100 of the area's finest cars at Day Chevrolet in Monroeville from 12:00 noon until 4:00 p.m., courtesy of The Corvette Club of Western Penn ... Continue reading
CTS Announces New ClearONE SSTL-2 Termination Sets for DDR SDRAM Bus Designs
ELKHART, Ind.--May 17, 2001--CTS Corporation today announced a new family of ClearONE(TM) SSTL-2 termination sets, which greatly improve signal clarity by minimizing distortion in Double Data Rate (DDR) Synchronous DRAM bus designs. CTS ClearONE termination networks (Part No. RT1400) provide high performance resistor t ... Continue reading
Delphi Receives DaimlerChrysler's Minority Sourcing Award
TROY, Mich., May 17 Delphi Automotive Systems announced today that is has received DaimlerChrysler's Minority Sourcing Excellence Award for its continued support and dedication to minority supplier growth and development throughout the 2000 calendar year. (Photo: http://www.newscom.com/cgi-bin/prnh/20001019/DELPHIAS ) ... Continue reading
Delphi Recognized With SAE Environmental Awards
Recycled TPO Instrument Panel Wins; Trimmings Reuse Named as Finalist WARREN, Mich., May 17 Delphi Automotive Systems received two recognitions at the SAE Environmental Excellence in Transportation Awards ceremony held Wednesday at the SAE Government/Industry Meeting in Washington, D.C. (Photo: http://www.newscom.com/c ... Continue reading
TUSCALOOSA, Ala.--May 17, 2001--Randall Publishing Co., a leading trade publishing and Internet information source for the trucking, construction, woodworking and pump and rotating equipment markets, is the new publisher of Automotive Industries, the 106-year-old automotive industry trade publication based in Detroit. ... Continue reading
Earnings Continue to Rebound at Pep Boys; Company Reports $.18 vs. Adjusted $.09 in 1st Quarter
PHILADELPHIA--May 17, 2001--The Pep Boys - Manny, Moe & Jack , the nation's leading full service automotive aftermarket chain, announced a significant increase in earnings per share for the thirteen weeks ended May 5, 2001. The Company earned $.18 per share as compared to the $.09 reported last year before inclusion of ... Continue reading
Gunnebo Delivers Machine Protection Solution to BMW's New Engine Factory in England
STOCKHOLM, Sweden--May 17, 2001--Through its wholly owned subsidiary, Troax UK Ltd, security group Gunnebo has an all-in contract to supply machine protection solutions for BMW's new engine factory near Birmingham, England. The factory, which at full capacity will employ a workforce of 1,500, is to supply 400,000 engin ... Continue reading
SAN DIEGO--May 17, 2001--Mitchell International today announced that James D. Lindner, president and chief executive officer, has been appointed to the additional position of Chairman of the Board. The announcement was made by Joseph Niehaus, managing director of Hellman & Friedman LLC, a San Francisco-based private eq ... Continue reading
AURORA, ON, May 17 - Magna International Inc. ("Magna") and Tesma International Inc. ("Tesma") jointly announced today that they have entered into a non- binding letter of intent concerning the proposed combination of Tesma and the Magna Steyr group to form a new global powertrain supplier that would combine the recogn ... Continue reading
Largest Buick Dealer in Southeast Uses ADP Solution to Find, Sell and Keep Customers
CHICAGO--May 17, 2001-- ADP(R) Announces Contract for eCRM Solution With Scott Buick The Dealer Services Group Of Automatic Data Processing, Inc. is pleased to announce that they have signed an agreement with Scott Buick of Pinellas Park, FL. to install ADP's eCRM solution. ADP's eCRM is the most comprehensive integrat ... Continue reading
HARTFORD, Conn.--May 17, 2001-- Nursing Home Liabilities Bringing Down Results in Medical Malpractice Line A star performer in the property-casualty sector for most of the past decade, the medical malpractice insurance industry is struggling with rapidly changing customer markets, according to a Conning & Company study ... Continue reading
COSTA MESA, Calif.--May 17, 2001--MSC.Software Corporation , an information technology software and services provider, today announced the general availability of MSC.Nastran 2001. A core technology component of The MSC.visualNastran Enterprise family, MSC.Nastran has long been recognized as the standard for simulation ... Continue reading
TOKYO, May 17 Nissan Motor Company announced today financial results for fiscal year ended March 31, 2001. For the first full-year of the Nissan Revival Plan (NRP), the company reported a consolidated net profit after tax of 331.1 billion yen (US$2.7 billion, Euro 3.0 billion). "Nissan is back. The Nissan Revival Plan ... Continue reading
Orbital Wins National Technology Award
PERTH, Australia, May 17 Orbital Engine Corporation is proud to announce it has won the Chairman's Award in the 2001 Australian Technology Awards, announced in Sydney last night. The Chairman's Award, presented by Denis Hanley AM, is designed to encourage Australia's emerging technologists. The criteria for judging the ... Continue reading
Quantum Ships World Class Hydrogen Storage
- Ultra Lightweight, High Capacity Fuel Storage Tanks - Extends Range of Hydrogen-Fueled Vehicles IRVINE, Calif., May 17 QUANTUM Technologies, Inc., a wholly owned subsidiary of IMPCO Technologies, Inc. announced today that it has shipped its state-of-the-art, Type IV, all-composite "TriShield" hydrogen storage tanks - ... Continue reading
Solutia Inc. Launches New Web Site
ST. LOUIS, May 17 Solutia Inc., the world's leading manufacturer of the plastic interlayer used to produce laminated glass, announced today that it has launched its new Enhanced Protective Glass (EPG) Web site that provides information to consumers and customers about the wide variety of applications for its product. T ... Continue reading
Thrifty Puts Informatica to Work on Key Car Rental Data
World's Largest International Car Rental Franchise Implements Informatica Data Integration Platform PALO ALTO, Calif., May 17 Informatica Corporation , the leading provider of eBusiness analytic software, today announced that Thrifty, Inc., the parent company of Thrifty Car Rental, has implemented the Informatica data ... Continue reading
GREENFIELD, Mass.--May 17, 2001--From Waterbury, Connecticut to Albany, New York to Boston, Massachusetts, more than 50 cleaner, greener vehicles from 16 U.S. states and 4 countries are competing for a national championship. But these cars, trucks, scooters, and other vehicles are after more than trophies, event organi ... Continue reading
GOLDEN, Colo., May 17 UQM Technologies, Inc. (Amex: UQM), a developer of alternative energy technologies, announced today that it will supply UQM(R) propulsion motors, generators and power electronic controllers to PEI Electronics Inc. (PEI), Huntsville, Alabama as part of a program with AM General Corporation, South B ... Continue reading
Allstate Celebrates Historic 70th Anniversary
Seventy years ago, May 17, 1931, Allstate Insurance Company sold its first auto insurance policy. The $41.60 mail-order policy provided fire, theft, property damage, liability and collision coverage for a 1930 Studebaker sedan. Today that car is on permanent display at Allstate's corporate headquarters in Northbrook, I ... Continue reading
BEI Announces Selection of Its Smart Actuator
BEI Technologies, Inc. announced its new "Smart Actuator" has been selected for use in a vehicle Adaptive Cruise Control system. The "Smart Actuator" is a result of collaboration between BEI's Kimco Magnetics Division and Duncan Electronics Division and is a key element within BEI's long-term strategy and technology ro ... Continue reading
Clarion Technologies Announces 2001 First-Quarter Financial Results
Clarion Technologies, Inc. announced financial results for its first quarter ended March 31, 2001. For 2001's first quarter, Clarion's sales increased 15 percent to $28.8 million from $25.1 million for 2000's first quarter. The higher sales were the result of new heavy truck business as well as the acquisition of Drake ... Continue reading
Collins &Aikman Signs Definitive Agreement to Acquire Becker Group, LLC
Collins & Aikman announced that it has signed a definitive agreement for its previously announced acquisition of Becker Group, LLC. The terms are as announced on March 21. Collins & Aikman Corporation, with annual sales approaching $2 billion, is the global leader in automotive floor and acoustic systems and is a leadi ... Continue reading
Fiat Auto and UGS Sign 5-year Agreement
Fiat Auto, a company of Group Fiat and one of the European leaders in the automotive industry, and UGS , a leading supplier of software and services for collaborative product development, have signed a 5-year agreement under which UGS will implement its comprehensive engineering technologies not only within Fiat Auto a ... Continue reading
Lear's SonoTec EP Wins Auto Interiors 2001 Design & Technology Award
Lear Corporation's SonoTec(TM) EP won First Place in the Auto Interiors 2001 Design and Technology Awards. SonoTec EP, a lightweight barrier material made from recycled carpet, won First Place in the Design & Manufacturing category. SonoTec EP is currently being used as a dashboard insulator by General Motors Corp. in ... Continue reading
National Auto Credit Announces Financial Results
National Auto Credit, Inc. announced financial results for its year ended January 31, 2001 and for the fourth quarter of fiscal 2001. For the year ended January 31, 2001, National Auto Credit has a net loss of $47,283,000 or $1.70 on the basis of 27,761,000 weighted average shares outstanding. The loss from continuing ... Continue reading
NEXIQ Technologies Wins Auto Interiors 2001 Design and Technology Award
Diversified Software Industries, Inc., recently acquired by NEXIQ Technologies, Inc. (NEXIQ Press Release 5/14/01), received an Auto Interiors 2001 Design & Technology Award for its revolutionary In-Vehicle Information System (IVIS) software framework. The first place award singles out the NEXIQ product in the producti ... Continue reading
Precision Auto Care Announces 3rd Quarter Results
Precision Auto Care, Inc. released its operating results from the third quarter of FY2001. As expected, the Company experienced a loss in the second quarter. The loss was $864K or $(.11) per share compared with a loss of $1.3 million or $(.21) per share for the comparable prior year quarter. Lou Brown, President and CE ... Continue reading
Texas Gas Prices Reach Record Highs; AAA Texas Monthly Fuel Gauge Report
Gas prices in Texas have reached record levels this month. The current statewide average price for a gallon of self-serve regular gasoline is $1.57, an 8 cents increase from last month's average price of $1.49 a gallon. It is also nearly a dime more than last May's average of $1.48 a gallon. The highest average price f ... Continue reading
Top 'Megadealers' Slow Their Dealership Buying Pace
Car dealership chains slowed their acquisition activity last year, but are poised to step it up in 2001, according to Ward's Dealer Business, an industry magazine. Independent new-car dealers, according to Ward's, are less likely to sell their stores in a good year -- such as 2000's record-setting pace of 17.4 million ... Continue reading
Visteon Recognized With Auto Interiors' Design and Technology Award
Visteon Corporation was awarded for its instrument panel leadership today by taking home a 2nd place award at the 6th Annual Auto Interiors' Design and Technology Awards program. Visteon won the award in the Comfort & Convenience Category for its Mold-in- Color, Polypropylene Instrument Panel, which first made its debu ... Continue reading
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