IUE-CWA Extends Current Delphi Contract
TROY, Mich., Nov. 15 -- After failing to reach agreement on a new contract, IUE-CWA and Delphi agreed to extend the current national and local agreements, which were scheduled to expire at 11:59 p.m. Saturday, November 15. "It was apparent that we could not reach agreement at this time," said James D. Clark, who as cha ... Continue reading
DETROIT, Nov. 17 -- While the 1990s spending frenzy that drove rampant automotive supplier consolidation has waned, the current market offers opportunities for smart mergers and acquisitions (M & A) in a tight credit environment, according to Jim Gillette, CSM Worldwide director of supplier analysis and co-leader of th ... Continue reading
Dana Corporation Responds to ArvinMeritor Announcement of Revised Tender Offer
TOLEDO, Ohio, Nov. 17 -- Dana Corporation issued the following statement today, in response to the announcement by ArvinMeritor, Inc. of a revised tender offer for outstanding Dana shares. (Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) "ArvinMeritor has today announced a revised tender offer for all outstan ... Continue reading
Experts Available To Discuss Study Calling for Primary Seat-belt Laws in All States
-- TOPIC: The National Safety Council released a study suggesting an estimated 12,000 people died from 1995 to 2002 because their states lacked primary seat-belt laws, according to an article by The Associated Press. Federal officials are reconsidering the suggestion that all states have primary seat-belt laws due to t ... Continue reading
Increasing Safety With Child Safety Seats
-- Motor vehicle related crashes are the single biggest killer of children in the U.S. Studies show many of these deaths could be prevented...with something as simple as a child safety seat. But, there's a catch -- the seats have to be installed and used properly. A report from Allstate . You can reach the story direct ... Continue reading
Forget the Halls...Deck the Driveway
New Advertising Campaign Makes Lexus Present Perfect TORRANCE, Calif., Nov. 18 -- Sales associate Jamie Klein of Park Place Lexus in Plano, Tex., remembers clearly the look on the woman's face when she opened the front door. Klein -- holding a beautifully wrapped gift box containing keys to a new performance sedan -- v ... Continue reading
ALLETE Announces Redemption of Cumulative Quarterly Income Preferred Securities
DULUTH, Minn.--Nov. 18, 2003--ALLETE, Inc. today announced the redemption by ALLETE Capital I of all $75 million aggregate liquidation amount of the 8.05% Cumulative Quarterly Income Preferred Securities (QUIPS) of ALLETE Capital I at a redemption price equal to $25 per QUIPS plus accumulated and unpaid distributions t ... Continue reading
CHICAGO, Nov. 18 -- BorgWarner Inc. , a leading provider of highly engineered engine and drivetrain components and systems to vehicle makers worldwide, announced today that the company's board of directors has approved a quarterly cash dividend of $0.25 per share on all of the company's issued and outstanding common st ... Continue reading
By Popular Demand: Ten HBCU Bands Selected to March in Atlanta for the Honda Battle of the Bands
ATLANTA, Nov. 18 -- From a field of 43 Historically Black College and University (HBCU) marching bands, 10 have been selected to perform at the second annual Honda Battle of the Bands Invitational Showcase, January 24 at the Georgia Dome. With all the votes tallied, the schools set to march in the only national program ... Continue reading
CallCommand Approved by Chrysler Group as Preferred MarketCenter Supplier
CINCINNATI--Nov. 18, 2003--CallCommand(TM), a leading provider of web-based communication solutions to automotive retailers nationwide, today announced it has been approved by the Chrysler Group as a MarketCenter supplier. MarketCenter offers a selection of services from a variety of vendors for their Chrysler, Dodge a ... Continue reading
Cambridge Heart Adds New Director; Robert DePasqua Joins Company's Board
BEDFORD, Mass.--Nov. 18, 2003--Cambridge Heart, Inc. (OTCBB-CAMH) announced today Robert J. DePasqua has been joined the Company's Board of Directors increasing the number of Directors to seven. Mr. DePasqua has over thirty years of management experience in both public and private companies. His experience encompasses ... Continue reading
-- WHO: Edsel Ford II, the great-grandson of Henry Ford and former president and Chief Operating Officer of Ford Motor Company, will accept the Business Recognition Award from the Dearborn Chamber of Commerce and speak about corporate civic responsibility. WHAT: The Dearborn Chamber of Commerce's annual Business Recogn ... Continue reading
Cima Systems Selects VoiceText to Power Advanced Phone System for Auto Dealers
FREMONT, Calif.--Nov. 18, 2003-- Text-To-Speech Integrates with Data Mining and Direct Marketing Systems for Highly Effective Automated Outbound Communication NeoSpeech, a provider of speech technologies for hand-held, desktop and network applications, today announced that Cima Systems has selected NeoSpeech's Text-to- ... Continue reading
ELKHART, Ind., Nov. 18 -- Coachmen Industries, Inc. today announced it has named Matthew J. Schafer President and Chief Operating Officer. Schafer, a 19-year veteran of General Electric Company , will report to Claire C. Skinner, Chairman and Chief Executive Officer. "We are extremely pleased that Matt is joining the C ... Continue reading
CPSC Posts Recalls to its Web Site
WASHINGTON, Nov. 18 -- The U.S. Consumer Product Safety Commission (CPSC) announced today that voluntary recall alerts were conducted in cooperation with the manufacturers of the products listed below. Recalls can be viewed at www.cpsc.gov. (Logo: http://www.newscom.com/cgi-bin/prnh/20030904/USCSCLOGO ) Company Name Pr ... Continue reading
* DaimlerChrysler Services Donates $5,000 to Junior Achievement in the Fort Worth Area * Eight Hundred Elementary Students Benefit * Company Employees Volunteer Financial and Entrepreneurial Knowledge WESTLAKE, Texas, Nov. 18 -- DaimlerChrysler Services North America announced today a $5,000 donation to the Junior Achi ... Continue reading
Delphi Honored by Society of Plastics Engineers For Material Conversion Innovation
Delphi's accomplishment wins SPE award; two other Delphi technologies are cited LIVONIA, Mich., Nov. 18 -- Delphi Corp. earned more recognition than any other automotive supplier Monday during the Society of Plastics Engineers (SPE) Automotive Division's 33rd Annual Innovation Awards. A material conversion for a dashbo ... Continue reading
Delphi to Launch Employee Option Exchange Offer
One-for-one exchange for cash settled awards to reduce shareholder dilution, enable employees to align existing awards with Delphi's new compensation philosophy TROY, Mich., Nov. 18 -- Delphi Corp. announced it will launch a one-for-one exchange offer later today, giving eligible employees the opportunity to exchange c ... Continue reading
WHO: Tom Sidlik, DaimlerChrysler Executive Vice President - Procurement and Supply, will join VITEC Chairman and CEO William Pickard, MMBDC President Delbert Gray and numerous other automotive executives to celebrate VITEC's successful five-year track record as a minority supplier customer to the automaker. WHAT: Daiml ... Continue reading
eAutoclaims Announces Restructuring of Outstanding Convertible Preferred Stock
OLDSMAR, Fla., Nov. 18 -- eAutoclaims (BULLETIN BOARD: EACC) announced the restructuring of their outstanding convertible preferred stock with Governors Road LLC. The new agreement changes the formula used to compute the conversion of eAutoclaims' preferred shares to common shares. The agreement also establishes a mini ... Continue reading
HEDDESHEIM, Deutschland, November 18 -- - Environment Health & Safety Module der envimax GmbH garantieren die Einhaltung der hohen gesetzlichen Anforderungen für Chemie-, Pharma-, Auto- und Umweltindustrie. Aufbauend auf das SAP R/3-System lassen sich die envimax Produktbausteine individuell und kostengünstig in Gesc ... Continue reading
Game Time at Reliant Stadium: First-String Fleet Owners Tackle Air Pollution
HOUSTON, Nov. 18 -- Major fleet owners from around the nation huddled today at Reliant Stadium to attend Advancing the Choice, a workshop that teaches guests how to tackle air pollution by converting their fleets into more environmentally friendly vehicles. This Clean Cities/Clean Vehicles initiative gave attendees the ... Continue reading
Grand Rapids Restaurant Earns Second Consecutive AAA Five Diamond Award
DEARBORN, Mich., Nov. 18 -- For the second year in a row, a Grand Rapids restaurant has earned the AAA Five Diamond Award -- the highest rating granted by the Auto Club for excellence in dining and lodging. The 1913 Room at the Amway Grand Plaza Hotel is one of only 55 restaurants nationwide -- and the only restaurant ... Continue reading
Hallmark Announces COO Resignation
FORT WORTH, Texas, Nov. 18 -- Hallmark Financial Services, Inc. (AMEX:HAF.EC) , ("the Company") today announced the resignation of Timothy A. Bienek as President, Chief Operating Officer and member of the Board of Directors of the Company. Mr. Bienek's responsibilities will be assumed by Mark E. Schwarz, Chairman and C ... Continue reading
Infinity Property and Casualty Announces Filing of Registration Statement for a Secondary Offering
BIRMINGHAM, Ala., Nov. 18 -- Infinity Property and Casualty Corporation , a national provider of personal automobile insurance with an emphasis on nonstandard auto insurance, announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission with respect to a secondary offering ... Continue reading
Jeffrey Owen Acquires Assets of MIG Plastics, Inc., Launches Palm Plastics, Ltd.
MORENCI, Mich., Nov. 18 -- Palm Plastics, Ltd., a custom injection molding supplier for the automotive and industrial markets, acquired the assets of MIG Plastics, Inc., a $12 million custom injection molder for Tier One and Tier Two suppliers. As a result of the agreement, Palm Plastics will acquire MIG Plastics' 100, ... Continue reading
JPMorgan Fleming Completes Mitsubishi Motors Conversion
Mitsubishi Motors North America (MMNA) Successfully Converts DC Plan Assets NEW YORK, Nov. 18 -- JPMorgan Retirement Plan Services, who was selected by Mitsubishi Motors North America as its new service provider when it consolidated its North American operations last January, has recently completed the company's conver ... Continue reading
Kobes Named General Manager of Polaris Marine Division; Karl to Lead Operations in Roseau
MINNEAPOLIS--Nov. 18, 2003--Polaris Industries Inc. announced a key organizational change today with the promotion of Rich Kobes to general manager of the Polaris Marine division. Kobes has been director of operations for Polaris' Roseau manufacturing facility for the past three years. He replaces Ron Bills, who is lea ... Continue reading
PITTSBURGH, Nov. 18 -- Kimmel & Silverman, a Lemon Law firm that has provided cost-free legal help to more than 25,000 consumers throughout Pennsylvania and New Jersey, has hired Susanne Kimberland, former Counsel with the Pennsylvania Senate, to manage the new Western Pennsylvania headquarters. The office, located at ... Continue reading
Miller Industries Announces Webcast
CHATTANOOGA, Tenn., Nov. 18 -- Miller Industries, Inc. intends to release results for the third quarter of 2003 on Wednesday, November 19, 2003 after the market close. In conjunction with this release, the Company will host a conference call that will be simultaneously broadcast live over the Internet on: Thursday, Nov ... Continue reading
Minerals Technologies to Raise Prices for Ground Calcium Carbonate
NEW YORK--Nov. 18, 2003--Minerals Technologies announced today that Specialty Minerals Inc., a wholly owned subsidiary, will raise prices for ground calcium carbonate, which is used primarily in the construction and automotive industries. The price increases, averaging 5 percent, will become effective January 1, 2004 o ... Continue reading
Modine To Supply Engine Cooling and Air Conditioning Modules on the All -- New 2004 Dodge Durango
RACINE, Wis.--Nov. 18, 2003--Modine Manufacturing Company announced today it's beginning to supply both the engine cooling and air conditioning modules for the Chrysler Groups all- new Dodge Durango sport utility vehicle. This is the first time for Modine to supply the Dodge Durango platform. "Modine is pleased to cont ... Continue reading
North American Van Lines, Inc. Extends Tender Offer
FORT WAYNE, Indiana, Nov. 18 -- North American Van Lines, Inc. (the "Company") announced today that, as part of its previously announced cash tender offer (the "Offer") and consent solicitation (the "Solicitation") for any and all of its $150,000,000 aggregate principal amount of 13-3/8% Senior Subordinated Notes due 2 ... Continue reading
SPRINGFIELD, Mo.--Nov. 18, 2003--O'Reilly Automotive, Inc. (the "Company"), plans to make a presentation at the Morgan Stanley First Annual Small Cap Executive Conference in Scottsdale, Arizona, on Wednesday, November 19, 2003. The slides to be used in this presentation will be available to interested parties on Wednes ... Continue reading
RAE Systems Enhances MultiRAE Plus
SUNNYVALE, Calif.--Nov. 18, 2003--RAE Systems Inc. (AMEX:RAE), a leading global developer and manufacturer of rapidly-deployable, multi-sensor chemical detection monitors and networks for homeland security and industrial applications, today announced key enhancements to the company's flagship product, the MultiRAE Plus ... Continue reading
Rexhall Industries Announces Third Quarter Results
LANCASTER, Calif.--Nov. 18, 2003--Rexhall Industries, Inc. today reported its financial results for its third quarter ended September 30, 2003. Net revenues for the third quarter decreased 16% to $10,823,000 from $12,872,000 for the same period in 2002. Gross profit for the third quarter was $1,264,000 versus $1,042,00 ... Continue reading
WASHINGTON, Nov. 18 -- The Sport Utility Vehicle Owners of America (SUVOA) today celebrated "one of their own" in congratulating SUV owner and new governor of California, Arnold Schwarzenegger, with a full-page ad in the Sacramento/San Francisco regional edition of USA Today. Schwarzenegger leads the state with the mos ... Continue reading
Ship Repair Executive Retires From United Defense
ARLINGTON, Va.--Nov. 18, 2003--United Defense Industries Inc. announced today the retirement of Monty W. Dickinson, Executive Vice President, Operations of United States Marine Repair and President and General Manager of Southwest Marine in San Diego. Mr. Dickinson will continue to provide consulting services to United ... Continue reading
Timken Launches Custom Bar Program
CANTON, Ohio, Nov. 18 -- The Timken Company announced that it would make a variety of custom steel grades available in five-ton minimum quantities effective today. In addition, most grades that previously required the purchase of an entire production run (heat-lot) will now be available in increments of 30 tons. (Logo: ... Continue reading
Toyota Ranked as Global Lift Truck Leader by Top Material Handling Publication
IRVINE, Calif.--Nov. 18, 2003--Toyota has been recognized as the largest worldwide lift truck supplier by Modern Materials Handling, a leading trade publication, based on annual sales of over $3.1 billion for 2002. In its yearly ranking of the industry's top 20 lift truck suppliers, Toyota earned the respected magazine ... Continue reading
Universal Automotive Receives $2.5 Million from Laurus Master Fund
ALSIP, Ill., Nov. 18 -- Universal Automotive Industries (the "Company"), a leading manufacturer and distributor of aftermarket brake parts announced today that it has issued a three-year fully amortizing secured convertible note to Laurus Master Fund, Ltd ("Laurus"), a financial institution that specializes in providin ... Continue reading
Westcorp Announces the Pricing of its Offering of Additional Shares of its Common Stock
IRVINE, Calif.--Nov. 18, 2003--Westcorp announced today that it has priced the public offering of 5,450,000 additional shares of its common stock at a price of $34.39 per share. The offering, which is expected to close on Nov. 24, 2003, will result in approximately $179 million in net proceeds to the company. The under ... Continue reading
Additional Product Offerings Leverage Existing WhereNet Infrastructures in Automotive Factories; 'Hands-Free' Machine Messaging Brings Intelligence to the Assembly Line SANTA CLARA, Calif., Nov. 18 -- WhereNet Corp., the leader of wireless solutions for tracking and managing enterprise assets, announced today two addit ... Continue reading
WhereNet Wireless Technology Deployed at BMW to Streamline Factory Operations
Siemens Partnership Yields First Customer Win; BMW Group Adds Vehicle Location System to Expedite Production of 3, 5 and 7 Series Luxury Automobiles SANTA CLARA, Calif., Nov. 18 -- WhereNet Corp., the leader of wireless solutions for tracking and managing enterprise assets, announced today, in partnership with Siemens ... Continue reading
Yamaha Outboards Announces 'The Best Gets Better' Promotion
KENNESAW, Ga., Nov. 18 -- Just in time for the boat show season when the demand for Yamaha outboards is at its peak, Yamaha is raising excitement again with the announcement of a huge Y.E.S. (Yamaha Extended Service) retail promotion for 2004. "The Best Gets Better" promotion offers a two-year Yamaha Extended Service p ... Continue reading
South Florida International Auto Show Sets New Attendance Record
MIAMI BEACH, Fla., Nov. 17 -- The 33rd annual South Florida International Auto Show set a new attendance record of 663,939 persons during its 10-day run at the Miami Beach Convention Center. The previous all-time high set last year was 654,052. The annual exhibition, which closed on Sunday, November 16, is considered a ... Continue reading
Visteon nombra a George E. Strickler vicepresidente ejecutivo y director financiero
DEARBORN, Michigan, November 18 -- Visteon Corporation ha anunciado hoy el nombramiento de George E. Strickler como vicepresidente ejecutivo y director financiero, con efecto desde el próximo 1 de diciembre de 2003. Strickler ha sido el director financiero y vicepresidente ejecutivo de BorgWarner Inc. desde 2001, y ha ... Continue reading
Autoworkers' Creative Side Revealed in UAW-DaimlerChrysler Art Exhibit
DETROIT, Nov. 18 -- The creativity of autoworkers was in the spotlight today as the UAW and DaimlerChrysler Corporation unveiled a new showing of employee art that ranges from metal sculpture to pastel painting. The 2003-2004 Artists at Work Exhibition reveals the diverse talents of UAW-represented and non-bargaining u ... Continue reading
Mitsubishi Pajero Evolution for the Dakar 2004
JapanCorp: <http://www.japancorp.net/?page_num=1> Mitsubishi Pajero Evolution for the Dakar 2004 Tokyo, Japan, Nov. 18, 2003 - (JCN Newswire) - The T2 Mitsubishi Pajero Evolution was developed from the Super Production car regulations that came into force from 2002. It is the fusion of cutting-edge technology and knowl ... Continue reading
OEConnection Named 'Best of the Web' by Forbes.com Third Year in a Row
RICHFIELD, Ohio, Nov. 18 -- OEConnection, founded just three years ago, has once again achieved a "Best of the Web" ranking from Forbes.com as one of the best business-to-business web solutions. The company, a leading provider of supply chain and order management solutions for original equipment (OE) automotive parts, ... Continue reading
Revved Up Deals Keep SUV Sales Race Hotly Contested According to CarsDirect.com
LOS ANGELES--Nov. 18, 2003--CarsDirect.com, the leading Internet car-shopping service, today announced its November 2003 Best Bargains selections. While passenger car incentives and rebates haven't changed significantly from last month, aggressive deals on bigger wheels -- especially sport utility vehicles -- are trans ... Continue reading
Nissan Plant Faced With First Time Strike Over Relocation of Staff
LONDON, November 18 -- Management at the Nissan car plant at Washington in Tyneside are faced with the threat of strike action for the first time in the plants history. The strike ballot conducted by Amicus is over the compulsory re-location of staff from its purchasing department to Cranfield in Bedfordshire. Two mont ... Continue reading
Nextel Names NASCAR NEXTEL Cup Series Communications and Marketing Directors
RESTON, Va.--Nov. 18, 2003--Nextel Communications Inc. , a leading provider of wireless communications services on the largest all-digital wireless network in the country, today appointed communications and marketing directors for the NASCAR NEXTEL Cup Series, a 10-year title sponsorship announced in June. Jill Gregory ... Continue reading
Ford, GM Put Squeeze on Parts Suppliers for Price Cuts
DETROIT November 17, 2003; Dow Jones reported that Ford Motor Co. and General Motors Corp. , facing heightened competitive pressure from foreign auto makers, are setting rigorous new targets for price cuts by their parts suppliers, Tuesday's Wall Street Journal reported. The moves underscore the growing globalization o ... Continue reading
Cooling System Maintenance is Key to Avoiding Car Breakdowns
ATLANTA, Nov. 18 -- Cooling system problems are a major cause of automobile roadside breakdowns but can easily be prevented. A few periodic maintenance steps can keep your family from being stranded on the highway with an overheated engine and save you some costly repair bills. In simple terms, your car's cooling syste ... Continue reading
iQ Power Awarded Purchase Order By Premium Car Manufacturer
MUNICH, Germany, Nov. 18 -- iQ Power Technology Inc. (OTC Bulletin Board: IQPR; Frankfurt: IQP) is pleased to announce that its Germany engineering subsidiary, iQ Battery Research & Development GmbH, has received its first purchase order from the German premium car manufacturer BMW Group. The order consists of speciali ... Continue reading
Coalition of Industry Leaders Launches National Fuel Cell Bus Initiative
LONG BEACH, Calif.--Nov. 17, 2003-- Transit Offers Best Early Market for Hydrogen and Fuel Cells: Multi-Year Effort to Develop, Deploy and Commercialize Newest Technologies in Transit Bus Applications A broad-based industry coalition of key hydrogen and fuel cell bus users and suppliers is launching an initiative to cr ... Continue reading
Unmanned Maglev train sets speed record of 560 kph
KOFU Japan; November 18, 2003 — A magnetically levitated (Maglev) train set a new record speed of 560 kilometers per hour (kph) Monday on an experimental track in Yamanashi Prefecture, west of Tokyo, the train's operator said. ... Continue reading
Senate aims to end SUV loophole in US energy bill
WASHINGTON, Nov 17, 2003; Reuters treported that the Senate energy bill negotiators voted on Monday to close a loophole allowing small-business owners to deduct up to $100,000 from their taxes for buying a luxury sport utility vehicle. Language eliminating the SUV loophole was inserted into the Senate's version of a br ... Continue reading
Chrysler unveils new product lineup
DETROIT November 17, 2003; John Porretto writing for the AP reported that DaimlerChrysler AG's Chrysler Group will spend an extra $250 million to promote nine new or redesigned vehicles next year, a product offensive the automaker hopes will reverse slumping sales and declining U.S. market share, Chrysler chief Dieter ... Continue reading
Second Mobility 21 Transportation Summit Highlights
MTA, L.A. Area Chamber of Commerce and the Auto Club Call for United Effort To Find Solutions to Region's Transportation Problems LOS ANGELES, Nov. 17 -- Los Angeles' second annual Mobility 21: LA County Moving Together transportation summit concluded with key leaders urging support for efforts to secure local, state a ... Continue reading
The Coors Light Dodge Gets Second Top-10 Finish in a Row
For Immediate Release The Coors Light Dodge Gets Second Top-10 Finish in a Row HOMESTEAD, Fla. (November 16, 2003) --- For the second week in a row Sterling Marlin and the Coors Light Dodge found themselves in the 10th position at the end of the race. Marlin, who started the race 41st, was able to pick up 31 spots duri ... Continue reading
EaglePicher Commercial Power Solutions to Add Fast Battery-Charging Solutions to Its Portfolio
PHOENIX, Ariz., Nov. 17 -- The Commercial Power Solutions division of EaglePicher Technologies, LLC, announced plans to expand its portfolio of battery and power solutions to include advanced battery chargers. In support of this goal, Commercial Power Solutions has signed a joint development and license agreement with ... Continue reading
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