GM Cut 4,400 Contract Jobs In Two Years
DETROIT February 19, 2004; Sharon Silke Carty writing for Dow Jones reported that General Motors Corp. has eliminated more than 4,400 contract jobs in a little more than two years as part of its cost-cutting maneuvers. Many of those were white-collar design and engineering jobs at the company's Warren Technical Center ... Continue reading
New Car Review - 2004 BMW 530i
DRIVING DOWN THE ROAD<br> WITH CAREY RUSS In its seven year production run, the fourth-generation BMW 5-Series, code-named E39, garnered accolades from the press and buying public alike, and was considered by many - even many competitors - to be the benchmark in the mid-luxury sports sedan class. That's a tough act to ... Continue reading
The fun and friendly Fiat Multipla is a popular car that now offers even more because its look has been revamped. The car, available in the second half of the year, retains all the attributes of the previous model: six comfortable seats and the compactness of a saloon; a strong personality that stands out from the curr ... Continue reading
Off-road sports car from Toyota to star at Geneva Motor Show
www.autoindex.org CLICK4AUTOINDEX.ORG Like a full-size remote-control toy buggy, the outrageous Motor Triathlon Race Car (MTRC) is Toyota's response to future customer demands. A tandem two-seater that combines off-road ability, sports car performance and motor sport derived high technology, the MTRC shows that Toyota ... Continue reading
USWA:Steelworkers Demand Investigation into Goodyear Decision on Production of Assurance Tires
PITTSBURGH--Feb. 19, 2004--The United Steelworkers of America (USWA) today demanded an investigation into the possible violation of its contract, which calls for new products developed for sale in North America to be manufactured in Steelworker-represented plants. Earlier this month, Goodyear announced that the new Ass ... Continue reading
DuPont Composite Recycle Technology Captures Top Environmental Award
TROY, Mich., Feb. 19 -- DuPont Composite Recycle Technology and the joint program with DENSO Corp. to test its viability captured the 2004 environmental award for New Technology in Materials and Processes from the Environmental Division of the Society of Plastics Engineers. DuPont Engineering Polymers and DENSO Corp. a ... Continue reading
Exide Renews Relationship With Sunrise Medical
PRINCETON, N.J., Feb. 19 -- Exide Technologies (BULLETIN BOARD: EXDTQ) ( www.exide.com ), a global leader in stored electrical-energy solutions, has extended its 10-year relationship with Sunrise Medical Ltd., one of the world's largest manufacturers of homecare and extended care products. In signing the new agreement ... Continue reading
LONDON, Feb. 19 -- Fujitsu Microelectronics Europe and OASIS SiliconSystems AG, a leader in Media Oriented Systems Transport (MOST) technology, have formed a collaboration to develop reference designs for Multimedia Car Systems including Fujitsu's MPEG Encoder. The new products are called VideoCompressor 4 MOST and DVD ... Continue reading
DETROIT, Feb. 19 -- INCAT today announced a comprehensive supply-chain integration solution for the PLM market. The solutions are focused upon helping the manufacturing industry reduce product development costs, improve product quality and innovation, and simplify the process of synchronization and communication betwee ... Continue reading
Lexus Tees Up With Peter Jacobsen for New Five-Year Partnership
TORRANCE, Calif., Feb. 19 -- Lexus, the No. 1-selling luxury automotive manufacturer, and PGA TOUR professional Peter Jacobsen today announced that the two have signed a five-year partnership agreement. The partnership begins in February 2004. As a part of the agreement, Jacobsen, a 26-year TOUR veteran, will wear the ... Continue reading
Lithia Motors to Present at Raymond James Institutional Conference March 3, 2004
MEDFORD, Ore.--Feb. 19, 2004--Lithia Motors, Inc. today announced that company management will present at the Raymond James 25th Annual Institutional Investors Conference being held in Orlando, Fla., at 9:15 a.m. EST on Wednesday, March 3, 2004. The presentation will cover Lithia's financial results and an overview of ... Continue reading
Metaldyne Expands Technical Capabilities in Plymouth, Mich.
Chassis Group Opens Technical Center near Corporate Headquarters PLYMOUTH, Mich., Feb. 19 -- Metaldyne announced today that it has opened a 27,000 sq. ft. technical center in Plymouth, Mich. dedicated to the company's Chassis Group. ... Continue reading
Mitsubishi International Corporation Selects webMethods Integration Platform
webMethods Will Enable Mitsubishi International Corporation to Streamline Business Processes and Reduce Costs TOKYO and FAIRFAX, Va., Feb. 19 -- webMethods K.K., the Japanese subsidiary of webMethods, Inc. , the industry's first Web services infrastructure company, today announced that Mitsubishi International Corporat ... Continue reading
Oxford Automotive, Inc. Preliminary Third Quarter Earnings Available
TROY, Mich., Feb. 19 -- Oxford Automotive, Inc. announced today that its preliminary unaudited results for the quarter ended December 31, 2003 are available on its website at www.oxauto.com in the "Newsroom" section. ... Continue reading
KENOSHA, Wis.--Feb. 19, 2004--Snap-on Incorporated , a global leader in tools, diagnostics and equipment, announced today that John F. Fiedler, retired chairman of the board and chief executive officer of BorgWarner Inc., has been appointed to Snap-on's board of directors. Fiedler, 65, served as BorgWarner's chairman a ... Continue reading
ANN ARBOR, Mich., Feb. 19 -- Professor Garel Rhys, director of CAIR - the Center for Automotive Industry Research, Cardiff University, will present "The Automotive Industry in 2004 ... and Beyond: A Global Perspective," as guest speaker at the Society of Automotive Analysts' networking breakfast on Tuesday, March 9. Pr ... Continue reading
Worthington Industries Declares Quarterly Dividend
COLUMBUS, Ohio--Feb. 19, 2004--The board of directors of Worthington Industries, Inc. today declared a regular quarterly dividend of $0.16 per share, payable on March 29, 2004 to shareholders of record March 15, 2004. This marks the 145th consecutive quarter that Worthington has paid a dividend since it became a public ... Continue reading
Dale Jarrett Racing Adventure Reports 300% Increase in Second Quarter Sales
CHARLOTTE, N.C., Feb. 19 -- The Dale Jarrett Racing Adventure (BULLETIN BOARD: DJRT) has announced record revenue of $722,589 in the second quarter of 2004 as compared to the same quarter in 2003 with revenue of $232,000. The net income for the quarter was $148,541 or .01 per share. These numbers include $63,000 of dep ... Continue reading
James P. Holden and Marcus G. Smith Join Speedway Motorsports Board of Directors
CONCORD, N.C.--Feb. 19, 2004--Speedway Motorsports, Inc. today announced that James P. Holden, former chief executive officer and president of DaimlerChrysler and Marcus G. Smith, executive vice president of national sales and marketing for Speedway Motorsports (SMI), joined the Company's Board of Directors. Holden and ... Continue reading
PONTIAC, Mich., Feb. 19 -- Autometric Collision has earned the highest honor in the collision industry by becoming Michigan's first and only dealer sponsored "Certified Collision Facility" approved by Mercedes-Benz USA, LLC. The sponsorship stems from Autometric's long-term relationship with Mercedes-Benz of Bloomfield ... Continue reading
Gage Sponsors SAE Clean Snowmobile Challenge
FERNDALE, Mich., Feb. 19 -- Gage Products Company for the second consecutive year will be the official fuel sponsor for the fifth annual SAE Clean Snowmobile Challenge at Michigan Technological University (MTU) in Houghton, Mich. Sixteen student teams from universities in the U.S. and Canada will compete in the six-day ... Continue reading
Interior Motives Design Awards 2004 is Live!
LONDON, February 19 -- - Countdown to the 2004 competition begins; announcement of sponsors and prizes Interior Motives magazine is pleased to announce that the countdown to this year's Interior Motives Design Awards 2004 has begun. Registration for the awards opened at the beginning of February and will run until then ... Continue reading
Spartan Motors Announces Fourth Quarter and 2003 Year-End Results
CHARLOTTE, Mich., Feb. 19 -- Spartan Motors, Inc. today announced results for the fourth quarter and 2003 year- end, highlighted by continued momentum in motorhome and fire truck chassis sales and the completion of key operating initiatives. The Charlotte, Mich.-based manufacturer of custom motorhome chassis, fire truc ... Continue reading
Schick Takes Quattro to the Races
-- Schick(R) Quattro(R), the world's first four-blade razor, announced its partnership with legendary Funny Car Champion, Jerry Toliver from the National Hot Rod Association (NHRA). Under the partnership, Schick Quattro will be the primary sponsor of Toliver Racing's NHRA Funny Car and will mark the four-time winner's ... Continue reading
Disponibles los resultados preliminares del tercer trimestre de Oxford Automotive, Inc.
TROY, Michigan, February 19 -- Oxford Automotive, Inc. ha anunciado hoy que los resultados preliminares no auditados para el cuarto trimestre finalizado el 31 de diciembre de 2003 están disponibles en su página web www.oxauto.com en la sección "Newsroom". Página web: http://www.oxauto.com Robert Krakowiak, vicepres ... Continue reading
Winnebago Industries Named Top Selling Motor Home Manufacturer for Third Consecutive Year
FOREST CITY, Iowa--Feb. 19, 2004-- Recognize Dealers on Outstanding Performance Winnebago Industries, Inc. is again the top selling motor home manufacturer for calendar 2003 according to Statistical Surveys, Inc., an independent retail reporting service in Grand Rapids, Michigan. For the third consecutive year, Winneba ... Continue reading
News from The Freedonia Group: Automotive Sensors Demand to Reach $4.5 Billion in 2007
CLEVELAND--Feb. 19, 2004--Demand for automotive sensors in the North American light vehicle OEM market will increase 10.7 percent annually to $4.5 billion in 2007. While automotive sensor demand over the past five years experienced only moderate growth, demand is expected to accelerate rapidly over the next five years, ... Continue reading
Cummins to Honor Top Technical Innovators
COLUMBUS, Ind.--Feb. 19, 2004--Cummins Inc. will honor two employees with the 2003 Dr. Julius P. Perr Innovation Award, given to Cummins employees whose inventions significantly benefit the Company, the industry and/or the environment. The award, along with recognition to a team of five runners-up, will be given at a c ... Continue reading
Las Vegas Trikes Make Florida Debut During Daytona Bike Week
February 27-March 7, 2004 at Carl's Speed Shop LAS VEGAS, Feb. 19 -- Las Vegas Trikes ( www.lvtrikes.com ), manufacturer of luxury three-wheeled hot rod vehicles, will be exhibiting February 27, 2004 through March 7, 2004 during Daytona Bike Week at Carl's Speed Shop, 390 North Beach Street in Daytona Beach, Florida. B ... Continue reading
Chrysler Shows Loss for Year 2003 Despite 4Q Profit
Auburn Hills February 19, 2004; Dow Jones reported that DaimlerChrysler struggling U.S. Chrysler division increased its earnings in the fourth quarter, but not enough to prevent a loss of 506 million euros ($637 million) for the full year, the company said Thursday. Operating profit at Chrysler rose to 143 million euro ... Continue reading
Mitsubishi Motors Boss: Waiting For Board Employment Decision
TOKYO February 19, 2004; Yuri Kageyama writing for AP reported that Mitsubishi Motors Corp. Chief Executive Rolf Eckrodt acknowledged responsibility for the deepening losses at the Japanese automaker Thursday, but said shareholders will decide whether he keeps his job. Eckrodt was sent in three years ago to turn the co ... Continue reading
Joint Statement on Mitsubishi Motors Corporation Loss Estimate and Result
JapanCorp: <http://www.japancorp.net/?page_num=1> Joint Statement on Mitsubishi Motors Corporation Tokyo, Japan, Feb. 19, 2004 - (JCN Newswire) - Today Mistubishi Motor Corporation announced the results for its 3rd quarter of fiscal year 2003 and its estimate for the full fiscal year 2003, according to which its loss w ... Continue reading
Vintage Petroleum, Inc. Names Stephenson as President And CEO
TULSA, Okla.--Feb. 18, 2004--Vintage Petroleum, Inc. announced today that effective immediately Charles C. Stephenson, Jr., Chairman of the Board of Directors of Vintage, has been named to the additional position of President and Chief Executive Officer. Charles Stephenson, 67, succeeds outgoing President and CEO, S. C ... Continue reading
Action Engine to Participate in 3GSM World Congress 2004
REDMOND, Wash.--Feb. 18, 2004-- Company Invited by Industry Heavyweights Intel, Microsoft, Symbian Ltd. & PalmSource to Showcase Its Advanced Data Services Solution Action Engine Corporation (www.actionengine.com), the leading provider of Advanced Data Services (ADS) solutions for wireless operators, announced today th ... Continue reading
ArvinMeritor Declares Quarterly Dividend on Common Stock
TROY, Mich., Feb. 18 -- The ArvinMeritor, Inc. Board of Directors at a meeting held today in Tampa, Fla., declared a quarterly dividend of ten cents ($0.10) per share on the common stock of ArvinMeritor, Inc., payable March 15, 2004, to shareowners of record at the close of business on March 1, 2004. (Logo: http://www. ... Continue reading
AAA Texas Monthly Fuel Gauge Report Shows Statewide Average Gas Price Moves Upward
HOUSTON--Feb. 18, 2004--Texas motorists are shelling out more at the pumps today, than they did just a month ago. The statewide average for a gallon of fuel is $1.53, up nearly six cents since last month. The nationwide average price of self-serve regular gasoline is up about five cents to $1.643 a gallon since mid-Jan ... Continue reading
Tripath Adds Two Panasonic Car Audio Design Wins
SAN JOSE, Calif.--Feb. 18, 2004-- TA2041A-family is featured in Panasonic's CQ-VD7700U in-dash TV/DVD Receiver and CQ-C9700U Full Digital 4-by-60-Watt in-dash CD Player/Receiver Tripath Technology Inc. , creators of Digital Power Processing (DPP(R)) technology and Class-T(TM) advanced 1-bit digital audio amplifiers, an ... Continue reading
FleetPride Announces New Marketing Manager
THE WOODLANDS, Texas, Feb. 18 -- FleetPride, Inc., the nation's largest independent aftermarket distributor of heavy-duty truck parts, today announced the appointment of Melinda Riley to the new position of Marketing Manager for FleetPride. (Logo: http://www.newscom.com/cgi-bin/prnh/20010427/FLEETPRIDELOGO ) Ms. Riley ... Continue reading
Gas Prices Continue Upward Trend in February, According to AAA Chicago
AURORA, Ill., Feb. 18 -- According to AAA Chicago's most recent fuel gauge report, the average price of regular unleaded gasoline in Illinois now averages $1.68 per gallon, which is up 9 cents from this time last month and up 3 cents from last year's prices. In northern Indiana, gas prices now average $1.66, which is u ... Continue reading
Bazemore inks multi-year agreement with Schumacher Racing
DON SCHUMACHER RACING 2004 POWERade DRAG RACING SERIES Contact: Judy Stropus, 203-438-0501; 203-243-2438 cell FOR IMMEDIATE RELEASE BAZEMORE INKS MULTI-YEAR CONTRACT WITH DON SCHUMACHER RACING INDIANAPOLIS (Feb. 18, 2004) - Whit Bazemore announced today that he has signed a multi-year agreement with Don Schumacher Raci ... Continue reading
Jamie McMurray Shooting for Four in a Row at Rockingham
Media Contacts: Jason Wise, Chip Ganassi Racing, (704) 500-6121, jwise@ganassi.com Spencer Andrews, Braun Racing, (704) 957-7695, spencer@braunracing.com -For Immediate Release- Jamie McMurray Shooting for Four in a Row at Rockingham MOORESVILLE, N.C., (February 18, 2004) --- Jamie McMurray is looking to pick up where ... Continue reading
Siemens VDO Automotive Announces Diesel Systems Group
South Carolina HQ to focus on R&D, testing AUBURN HILLS, Mich., Feb. 18 -- Siemens VDO Automotive today announced plans to establish a North American diesel systems headquarters with the creation of its Powertrain Diesel Systems North America division, to be located in Columbia, Richland County, S.C. The company is mak ... Continue reading
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