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February 2005

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Wednesday, February 2, 2005

Emercent Remarketing Survey Reveals New Industry Trends

Emercent Remarketing Survey Reveals New Industry Trends

CHICAGO, Feb. 2 -- Emercent Solutions, LLC, a premium provider of strategy and technology services to automotive finance companies, announced it will be releasing its 2005 Emercent/IARA Remarketing Survey results in February at the Las Vegas Conference of Automotive Remarketing (CAR) in Las Vegas. The survey, which is ... Continue reading

GenTek to Pursue Recapitalization Plan

GenTek to Pursue Recapitalization Plan

PARSIPPANY, N.J.--Feb. 2, 2005--GenTek Inc. is pursuing a plan to optimize the capital structure of the Company and, in so doing, pay a special one-time cash dividend to its shareholders. GenTek is seeking to raise secured financing consisting of approximately $335 million in term loans and a $60 million undrawn revolv ... Continue reading

Iteris, Inc. Reports Fiscal Third Quarter Results

Iteris, Inc. Reports Fiscal Third Quarter Results

ANAHEIM, Calif.--Feb. 2, 2005--Iteris, Inc. (AMEX:ITI), a leading provider of traffic optimization and safety technology products and services, today reported financial results for the fiscal third quarter and the nine-month period ended December 31, 2004. For the third quarter ended December 31, 2004, Iteris, Inc. (th ... Continue reading

J.B. Hunt Transport Services, Inc. Reports Record Revenues and Earnings for the Fourth Quarter and Year Ended December 31, 2004

J.B. Hunt Transport Services, Inc. Reports Record Revenues and Earnings for the Fourth Quarter and Year Ended December 31, 2004

LOWELL, Ark.--Feb. 2, 2005--J.B. Hunt Transport Services, Inc. announced record annual net earnings of $180 million for 2004. Diluted earnings per share for 2004 were $2.15, also a record. The previous record earnings were $95 million or $1.17 per diluted share reported for 2003. Total operating revenue for the year wa ... Continue reading

KUKA Robotics Appoints Joseph Campbell as Director of Strategic Alliances; Campbell to Head North American Key Technology Program, Marketing and Channel Relationships

KUKA Robotics Appoints Joseph Campbell as Director of Strategic Alliances; Campbell to Head North American Key Technology Program, Marketing and Channel Relationships

CLINTON TOWNSHIP, Mich.--Feb. 2, 2005--KUKA Robotics Corporation, a leading global manufacturer of industrial robots, today announced the appointment of Joseph Campbell as director of strategic alliances for North America. Mr. Campbell's responsibilities will include the company's Key Technology Program, marketing and ... Continue reading

New Ford Volunteer Corps to Help Create a 'Better World'

New Ford Volunteer Corps to Help Create a 'Better World'

DEARBORN, Mich., Feb. 2 -- Ford Motor Company announced today the creation of the Ford Volunteer Corps, an initiative commissioned by Chairman and Chief Executive Officer Bill Ford. The corps will help fulfill a core aspect of the "Better World" promise behind the Company's corporate vision of "Great Products. Strong B ... Continue reading

Safeco Declares Regular Dividend

Safeco Declares Regular Dividend

SEATTLE, Feb. 2 -- Safeco today declared a regular dividend of 22 cents per share on its common stock. The dividend is payable April 25, 2005 to shareholders of record on April 8, 2005. Safeco, in business since 1923, is a Fortune 500 property and casualty insurance company based in Seattle. The company sells insurance ... Continue reading

World Exclusive-Volvo Super Bowl Spot/Launch into Outer Space

World Exclusive-Volvo Super Bowl Spot/Launch into Outer Space

World Exclusive-Volvo Super Bowl Spot/Launch into Outer Space presents a sneak peek WORLD EXCLUSIVE ***SNEAK PEEK*** ***SNEAK PEEK*** ***SNEAK PEEK*** VOLVO AND VIRGIN GALACTIC TEAM UP IN SPACE SUPERBOWL AD OFFERS A CHANCE TO WIN A SEAT ON FIRST COMMERCIAL FLIGHT TO SPACE Register at www.boldlygo.com by Feb. 22 THURSDA ... Continue reading

AssuranceAmerica Corporation Announces Executive Change

AssuranceAmerica Corporation Announces Executive Change

ATLANTA--Feb. 2, 2005--Atlanta-based ASSURANCEAMERICA CORPORATION (OCT BB: ASAM.OB), announced that Robert J. Cormican, Senior Vice President & Chief Financial Officer has resigned his positions to join Crawford & Company (NYSE), as an executive officer in an operating role. His resignation is effective February 11, 20 ... Continue reading

BET, General Motors Celebrate Black History Month by Honoring Today's History Makers in The Making

BET, General Motors Celebrate Black History Month by Honoring Today's History Makers in The Making

2005 Honorees Include NFL Star, Police Chief, Best-Selling Authors, AIDS Activist and Philanthropist WASHINGTON, Feb. 2 -- BET, along with General Motors (GM), will celebrate Black History Month throughout February by recognizing and honoring History Makers in The Making; contemporary African-American leaders who have ... Continue reading

Commercial Vehicle Group Announces Fourth Quarter, Year-End Conference Call

Commercial Vehicle Group Announces Fourth Quarter, Year-End Conference Call

NEW ALBANY, Ohio, Feb. 2 -- Commercial Vehicle Group, Inc. , today announced it will host a conference call to discuss its fourth-quarter and year-end earnings on Tuesday, February 8, 2005, at 9:30 a.m. EST. The company will issue a post-market earnings announcement on Monday afternoon. Merv Dunn, president and chief e ... Continue reading

Encore Acquisition Company Sets Date for Fourth Quarter 2004 Earnings Release, Announces Conference Call

Encore Acquisition Company Sets Date for Fourth Quarter 2004 Earnings Release, Announces Conference Call

FORT WORTH, Texas--Feb. 2, 2005--Encore Acquisition Company announced today that it will release fourth quarter 2004 earnings on Wednesday, February 16, 2005. In conjunction with this release, Encore will host a conference call and simultaneous webcast on Thursday, February 17, 2005 to discuss fourth quarter financial ... Continue reading

Norman Chrysler Jeep Dodge and Edmond Kia/Edmond Hyundai to Give Away Four New Cars to Oklahoma Military Families

Norman Chrysler Jeep Dodge and Edmond Kia/Edmond Hyundai to Give Away Four New Cars to Oklahoma Military Families

NORMAN, Okla.--Feb. 2, 2005--A few lucky Oklahoma military families will win a free car this spring in a giveaway sponsored by Norman Chrysler Jeep Dodge, and Edmond Kia/Edmond Hyundai. And the general public will help determine the winners. "We wanted to show our support for our troops in Iraq and Afghanistan and othe ... Continue reading

José Maria Alapont será presidente y consejero delegado de Federal-Mogul Corporation

José Maria Alapont será presidente y consejero delegado de Federal-Mogul Corporation

SOUTHFIELD, Michigan, February 2 -- Federal-Mogul Corporation (OTC Bulletin Board: FDMLQ.OB) ha anunciado hoy que José Maria Alapont ha sido elegido presidente y consejero delegado de Federal-Mogul, y que esta decisión ha sido autorizada por los tribunales como exigen los procedimientos del capítulo 11 de Federal-Mo ... Continue reading

Tenneco Automotive Acquires Business of Exhaust Systems Supplier to Harley-Davidson

Tenneco Automotive Acquires Business of Exhaust Systems Supplier to Harley-Davidson

Company Expands Presence in the Specialty Vehicle Market LAKE FOREST, Ill., Feb. 2 -- Tenneco Automotive announced today that it has acquired substantially all the assets of Gabilan Manufacturing, Inc., a privately held company that has developed and manufactured motorcycle exhaust systems exclusively for Harley-Davids ... Continue reading

Motorcycle Review - BMW R1200GS

Motorcycle Review - BMW R1200GS

BMW R1200 GS By Nicholas Frankl Senior Editor If you thought that the I-Drive was BMW’s only idiosyncrasy, then clearly you do not ride motorbikes. For, just as the Porsche flat-four and flat-six boxer engines are the soul of the brand experience, the flat-twin is the life blood, design and engineering anomaly of ... Continue reading

Detroit Auto Dealers Association Pledges $250,000 to National Football League's Youth Education Town (YET) Center

Detroit Auto Dealers Association Pledges $250,000 to National Football League's Youth Education Town (YET) Center

DETROIT, Feb. 2 -- The Detroit Auto Dealers Association (DADA) announced contributions totaling $250,000 to the National Football League's Youth Education Town (YET) Center, incorporating $200,000 from the North American International Auto Show (NAIAS) and a grant of $50,000 from the DADA Charitable Foundation Fund of ... Continue reading

Edmunds.com Reports True Cost of Incentives: Japanese Manufacturers Achieve Record Market Share as Industrywide, Incentives Level Off

Edmunds.com Reports True Cost of Incentives: Japanese Manufacturers Achieve Record Market Share as Industrywide, Incentives Level Off

SANTA MONICA, Calif., Feb. 2 -- Edmunds.com (http://www.edmunds.com/), the premier online resource for automotive information, reported today that the average manufacturer automotive incentive in the United States was $2,408 per vehicle sold in January 2005, up $43, or 1.8%, from January 2004, and down $104, or 4.2%, f ... Continue reading

AccelRate Announces Key Management Addition

AccelRate Announces Key Management Addition

VANCOUVER, British Columbia--Feb. 2, 2005--AccelRate Power Systems Inc. (TSX VENTURE:APS) (DAX (Germany):KCG) announced today the appointment of Debby Harris to the position of Vice-President, Corporate and Market Development. Ms. Harris joins AccelRate with a 25-year background in communications, marketing and busines ... Continue reading

American Axle & Manufacturing Appoints New Board Member

American Axle & Manufacturing Appoints New Board Member

DETROIT, Feb. 2 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today announced the appointment of Larry K. Switzer to its Board of Directors. Switzer has an extensive background in finance, having served as Senior Executive Vice President and Chief Financial Officer (CFO) for ... Continue reading

American Axle & Manufacturing Reports Fourth Quarter and Full Year 2004 Financial Results

American Axle & Manufacturing Reports Fourth Quarter and Full Year 2004 Financial Results

Net operating cash flow of $143.7 million in the fourth quarter DETROIT, Feb. 2 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today reported its financial results for the fourth quarter and full year 2004. Fourth Quarter Highlights: * Fourth quarter sales of $875.6 million * ... Continue reading

Brush Engineered Materials Inc. Reports Sales up 10% for Fourth Quarter and up 24% for 2004; Fourth Quarter Earnings meet Expectations

Brush Engineered Materials Inc. Reports Sales up 10% for Fourth Quarter and up 24% for 2004; Fourth Quarter Earnings meet Expectations

CLEVELAND--Feb. 2, 2005--Brush Engineered Materials Inc. today reported earnings for the fourth quarter 2004 of $1.8 million or $0.09 per share on sales of $116.0 million. Net income for the quarter improved by $9.0 million over the 2003 fourth quarter net loss of $7.2 million. The fourth quarter 2003 net loss included ... Continue reading

Consumer Demand for Superior Performance Systems to Push Growth of Nascent Chinese Infotainment Market, but High Prices to Restrain Uptake - Frost & Sullivan Press Release

Consumer Demand for Superior Performance Systems to Push Growth of Nascent Chinese Infotainment Market, but High Prices to Restrain Uptake - Frost & Sullivan Press Release

Consumer Demand for Superior Performance Systems to Push Growth of Nascent Chinese Infotainment Market, but High Prices to Restrain Uptake London, UK, 2nd February 2005…The nascent Chinese in-car infotainment market is expected to surge from an estimated $309 million in 2003 to an impressive $5.6 billion in 2010. Thi ... Continue reading

Force Protection, Inc. to Provide Armored Vehicle for Transport by Blackwater USA

Force Protection, Inc. to Provide Armored Vehicle for Transport by Blackwater USA

LADSON, S.C.--Feb. 2, 2005--Force Protection, Inc. (OTCBB:FRCP), the leading manufacturer of blast-protected vehicles deployed with U.S. forces in Iraq, announced today the delivery of its first Cougar Security Vehicle (SV) to Blackwater USA for use as a transport vehicle for U.S. Provisional Coalition Authority offici ... Continue reading

Gryphon Investors, Through MSD Ignition, Acquires Superchips, Inc.

Gryphon Investors, Through MSD Ignition, Acquires Superchips, Inc.

SAN FRANCISCO--Feb. 2, 2005--Autotronic Controls Corporation, better known as MSD Ignition, a portfolio company of Gryphon Investors, announced today that it has completed the acquisition of Superchips, Inc. Terms were not disclosed. Superchips, based in Sanford, Florida, is the leading manufacturer of performance prog ... Continue reading

Jose Maria Alapont to be President and Chief Executive Officer of Federal-Mogul Corporation

Jose Maria Alapont to be President and Chief Executive Officer of Federal-Mogul Corporation

SOUTHFIELD, Mich., Feb. 2 -- Federal-Mogul Corporation (BULLETIN BOARD: FDMLQ.OB) today announced that Jose Maria Alapont has been chosen to be the President and Chief Executive Officer of Federal-Mogul, and that this decision has been authorized by the Court presiding over the Federal-Mogul Chapter 11 proceedings. Mr. ... Continue reading

Keystone Helicopter Names New Vice Presidents for Engineering and Completions

Keystone Helicopter Names New Vice Presidents for Engineering and Completions

WEST CHESTER, Pa.--Feb. 2, 2005-- Keystone Helicopter, a Leading Rotorcraft Services Provider, Promotes Two Company Veterans and Positions Itself for Continuing Growth Keystone Helicopter, an industry leader in helicopter services for 51 years, has appointed Jim Munda Vice President of Engineering and Darrell Jones Vic ... Continue reading

Menlo Worldwide Forms New Group to Serve Logistics Needs of Global Automotive Industry

Menlo Worldwide Forms New Group to Serve Logistics Needs of Global Automotive Industry

REDWOOD CITY, Calif.--Feb. 2, 2005--Menlo Worldwide has announced the formation of Menlo Automotive Group (MAG) to focus on the special supply chain and logistics needs of the global automotive industry. The new industry-focused group will leverage the capabilities and acumen of personnel, systems and solutions through ... Continue reading

Northeast Auto Acceptance Corp.'s Revenues Top $1.6 Million for One- Week Period

Northeast Auto Acceptance Corp.'s Revenues Top $1.6 Million for One- Week Period

MERRICK, N.Y.--Feb. 2, 2005--Northeast Auto Acceptance Corp. (OTC: NAAC) announced today that the company posted revenues of $1,624,250 for the one-week period of January 24, 2005 through January 28, 2005. Bill Solko, Northeast's CEO commented, "We are very pleased to begin the New Year on a high note. Demand for quali ... Continue reading

Polaris Announces Extension of Employment Agreement with CEO; Company Also Announces Rule 10b5-1 Trading Plan

Polaris Announces Extension of Employment Agreement with CEO; Company Also Announces Rule 10b5-1 Trading Plan

MINNEAPOLIS--Feb. 2, 2005--Polaris Industries Inc. (PSE:PII) announced today that it has renewed and extended the employment agreement with its President and Chief Executive Officer, Tom Tiller. The current term of the new agreement runs through 2006. Mr. Tiller, 43, joined Polaris as its President and Chief Operating ... Continue reading

REGI U.S., Inc./Reg Technologies, Inc. Demonstrates the Rand Cam Plastic Electric Model at the World Money Show in Orlando, Florida

REGI U.S., Inc./Reg Technologies, Inc. Demonstrates the Rand Cam Plastic Electric Model at the World Money Show in Orlando, Florida

VANCOUVER, British Columbia--Feb. 2, 2005--REGI U.S., Inc. (OTCBB:RGUS)/Reg Technologies, Inc. (TSX Venture Exchange:RRE) (OTCBB:REGRF) are pleased to announce that the Rand Cam(TM) technology will be exhibited at the World Money Show, booth #406 -Gaylord Palms Resort, Orlando, Florida, February 2 - 5, 2005. The Compan ... Continue reading

Rockwell Automation Elects Board Members at Annual Shareowners Meeting; Nosbusch Officially Takes on Chairman Role

Rockwell Automation Elects Board Members at Annual Shareowners Meeting; Nosbusch Officially Takes on Chairman Role

MILWAUKEE--Feb. 2, 2005--At its annual shareowners meeting today, Rockwell Automation shareowners elected Bruce M. Rockwell, Joseph F. Toot, Jr. and Kenneth F. Yontz to the board of directors, with terms expiring in 2008. Also, as previously announced, Rockwell Automation CEO Keith D. Nosbusch officially assumed the ro ... Continue reading

U.S. Bank Named Vendor of the Year by Missouri Auto Group

U.S. Bank Named Vendor of the Year by Missouri Auto Group

JOPLIN, Mo.--Feb. 2, 2005--The Continental Auto Group, based in Joplin, Mo., has named U.S. Bank Vendor of the Year for 2004. The group recognized U.S. Bank for its service and pricing, all of which have contributed to Continental's success in 2004. Frank Reahr, a 33-year employee of U.S. Bank, is the relationship mana ... Continue reading

Mazda Drives Away with Envision Click2Coach

Mazda Drives Away with Envision Click2Coach

SEATTLE--Feb. 2, 2005--Envision Telephony, Inc., a leading provider of business solutions for the contact center and the enterprise, today announced that Mazda North America chose the Envision Click2Coach(R) solution in order to develop agent skills, increase agent efficiency and empower agents to deliver top-quality c ... Continue reading

The NMDA Delivers Vehicle Security Solutions with DataDot

The NMDA Delivers Vehicle Security Solutions with DataDot

SCOTTSDALE, Ariz.--Feb. 2, 2005--The National Motorcycle Dealers Association, a subsidiary of MBA Holdings, Inc. (OTCBB:MBAH), has entered into an agreement with DataDot PowerSports to become a distributor of DataDot vehicle security products. DataDot PowerSports is a licensed national DataDot distributor for DataDot T ... Continue reading

ExxonMobil Joins AMSOIL in the Extended Oil Drain Push

ExxonMobil Joins AMSOIL in the Extended Oil Drain Push

SUPERIOR, Wis.--Feb. 2, 2005--For the first time since AMSOIL INC.(R) introduced the concept of "extended drain" oil 33 years ago, another major brand of oil has entered the extended drain arena, a further push toward changing the length of oil drain intervals forever. Last week ExxonMobil introduced its new 15,000 mil ... Continue reading

Tower Automotive Files for Chapter 11 Reorganization

Tower Automotive Files for Chapter 11 Reorganization

NOVI, Mich.--Feb. 2, 2005--Tower Automotive, Inc. today announced that it and certain of its subsidiaries have filed to reorganize under Chapter 11 of the U.S. Bankruptcy Code in order to address liquidity needs and facilitate a debt restructuring. The company filed its petition with the U.S. Bankruptcy Court for the S ... Continue reading

Delphi to Manufacture and Market New Heat Exchanger for Water-Fueled Air Conditioning Systems

Delphi to Manufacture and Market New Heat Exchanger for Water-Fueled Air Conditioning Systems

Product Named One of 2004's Most Significant Technologies by R&D Magazine TROY, Mich., Feb. 2 -- Delphi Corp. has signed an agreement with Idalex Technologies of Arvada, Colorado, to be the world's exclusive manufacturer of heat and mass exchangers (HMX) for cooling air using a recently discovered thermodynamic cycle c ... Continue reading

New Rand McNally Traffic Helps Motorists Stay Informed With Real-Time Traffic Updates on Their Cell Phones

New Rand McNally Traffic Helps Motorists Stay Informed With Real-Time Traffic Updates on Their Cell Phones

Downloadable Traffic Flow, Incident and Event Data Always on Hand for Travelers SKOKIE, Ill., Feb. 2 -- Getting stuck in bumper-to-bumper traffic is every motorist's nightmare. But now drivers can avoid congested roads and traffic delays with Rand McNally Traffic, the most comprehensive traffic coverage available to ce ... Continue reading

ClassicMuscleCars.com Hosts World's Most Watched Classic Muscle Car Salesman

ClassicMuscleCars.com Hosts World's Most Watched Classic Muscle Car Salesman

ClassicMuscleCars.com Hosts World's Most Watched Classic Muscle Car Salesman For Immediate Release WAUCONDA, Ill./EWORLDWIRE/Feb. 2, 2005 --- NICAB and Classicmusclecars.com today announced that according to the classicmusclecars.com website statistics, Tony Begley is undoubtedly the most watched car salesman on video ... Continue reading

Thor Announces Record Sales for Second Quarter, 6 Months; RV Retail Sales Up 13% in Quarter

Thor Announces Record Sales for Second Quarter, 6 Months; RV Retail Sales Up 13% in Quarter

JACKSON CENTER, Ohio, Feb. 2 -- Thor Industries, Inc. announced today record preliminary sales for the second quarter and six months ended January 31, 2005. Sales in the quarter were $537,000,000, up 26% from $426,000,000 last year. RV sales in the quarter were $479,000,000, up 28% from $374,000,000 last year. RV sales ... Continue reading

Intelligent Motor Cars Group Eliminates $300K of Debt

Intelligent Motor Cars Group Eliminates $300K of Debt

FORT LAUDERDALE, Fla.--Feb. 2, 2005--Intelligent Motor Cars Group Inc. (OTCBB:IMTR) today announced the successful elimination of $300,000 of debt, in which the original lenders were satisfied through stock conversion. Mike Magolnick, IMC's chief operating officer, stated: "The elimination of $300,000 of debt is part o ... Continue reading

Modern Engineering Unveils New Vehicle Testing Program in the World's Most Extreme, Hot Weather Environment

Modern Engineering Unveils New Vehicle Testing Program in the World's Most Extreme, Hot Weather Environment

ROCHESTER HILLS, Mich., Feb. 2 -- Modern Engineering, Inc. is operating a new vehicle testing program in Israel's Southern Arava Valley -- the most extreme, hot weather environment in the world. The "Modern Engineering Arava Vehicle Test Center" is located in the highest pressure zone in the world, with summer temperat ... Continue reading

UAW Endorses Howard Dean for DNC Chair

UAW Endorses Howard Dean for DNC Chair

DETROIT, Feb. 2 -- The 18-member UAW International Executive Board today unanimously voted to endorse Dr. Howard Dean for chair of the Democratic National Committee. "We believe that Howard Dean will be a dynamic, innovative and effective leader for the DNC," UAW President Ron Gettelfinger said on behalf of the board. ... Continue reading

Lithia Motors Acquires Chrysler Jeep and Dodge Stores in Omaha, Nebraska; Lithia Now Has Three Locations in Omaha

Lithia Motors Acquires Chrysler Jeep and Dodge Stores in Omaha, Nebraska; Lithia Now Has Three Locations in Omaha

MEDFORD, Ore.--Feb. 2, 2005--Lithia Motors, Inc. , the country's eighth-largest automotive dealership group, today announced the acquisition of Jim's Dodge Country and Jim Earp Chrysler Jeep in Omaha, Nebraska. The dealerships will start up operations as Lithia Dodge Chrysler Jeep of Omaha on February 2, 2005. These st ... Continue reading

Jose Maria Alapont to be President and Chief Executive Officer of Federal-Mogul Corporation

Jose Maria Alapont to be President and Chief Executive Officer of Federal-Mogul Corporation

SOUTHFIELD, Mich.--Feb. 2, 2005--Federal-Mogul Corporation (OTCBB:FDMLQ) today announced that Jose Maria Alapont has been chosen to be the President and Chief Executive Officer of Federal-Mogul, and that this decision has been authorized by the Court presiding over the Federal-Mogul Chapter 11 proceedings. Mr. Alapont ... Continue reading

Steelworkers Endorse Howard Dean for DNC Chair

Steelworkers Endorse Howard Dean for DNC Chair

PITTSBURGH, Feb. 2 -- The United Steelworkers of America (USWA) today endorsed Governor Howard Dean's candidacy for the chairmanship of the Democratic National Committee (DNC). "As a governor and presidential candidate, Howard Dean has experienced first hand the urgent need of working families for decent-paying jobs an ... Continue reading

American Suzuki Is “All Tricked Out” At The Chicago Auto Show

American Suzuki Is “All Tricked Out” At The Chicago Auto Show

Suzuki will show its 2005 MY product line at the Chicago Auto Show, plus "guest appearances" by the Reno Intruder Concept and two special project vehicles - a 2005 Grand Vitara and 2005 Forenza, both vehicles have been specially customized to match the personalities of Kareem Abdul-Jabbar, Jr. and Jelynn Rodriguez, co- ... Continue reading

GM January 2005 Sales Details

GM January 2005 Sales Details

Cadillac and Chevrolet Sales Up, Continuing Strong Sales Pace Set in 2004 Full-Size Pickup Deliveries Rose 6 Percent, Led by Solid Silverado and Sierra SalesDETROIT - General Motors dealers sold 279,653 new cars and trucks in January, up 1 percent compared to year-ago deliveries. GM's truck sales (162,267) were up 1 pe ... Continue reading

GM and Ford Attribute January Sales Drop To

GM and Ford Attribute January Sales Drop To

DETROIT February 2, 2005; Sarah Karush writing for the AP reported that the nation's two biggest automakers blamed sluggish January sales on winter weather and a "hangover" from a strong December showing, but those factors didn't keep their rivals from seeing fairly strong gains. Both General Motors Corp. and Ford Moto ... Continue reading

Fiat Says No Agreement Reached Through Mediation, Insists It Can Force GM to Buy Auto Unit

Fiat Says No Agreement Reached Through Mediation, Insists It Can Force GM to Buy Auto Unit

ROME February 2, 2005; Aidan Lewis writing for the AP reported that Fiat SpA said Wednesday that no agreement had been reached with General Motors Corp. by the end of a mediation period and insisted it could force the world's biggest automaker to buy the rest of its ailing auto unit. The mediation period ran from Dec. ... Continue reading

Tesma Shareholders Approve Privatisation

Tesma Shareholders Approve Privatisation

AURORA, Canada, February 1 -- Magna International Inc. (TSX: MG.SV.A, MG.MV.B, NYSE: MGA) ("Magna") and Tesma International Inc. (TSX: TSM.SV.A; NASDAQ: TSMA) ("Tesma") today jointly announced that Tesma's shareholders have approved the previously announced plan of arrangement under Ontario law, by which Magna will acq ... Continue reading

California Company Receives $21 Million in New Smart Car Orders at Dealer Conference

California Company Receives $21 Million in New Smart Car Orders at Dealer Conference

Media Test Rides of U.S. Compliant Smart Cars Americanized by ZAP Available in Los Angeles LOS ANGELES, Feb. 2 -- Automotive pioneer ZAP has completed U.S. compliant Smart Cars and is offering the media test-drives in Santa Ana, California today by appointment. Yesterday ZAP announced initial results from a national au ... Continue reading

Four Days and Counting: Volvo Reveals Its Unused Ideas for Super Bowl Ad

Four Days and Counting: Volvo Reveals Its Unused Ideas for Super Bowl Ad

IRVINE, Calif., Feb. 2 -- Four days before the Super Bowl, Volvo Cars of North America still has not unveiled the creative content of its first-ever Super Bowl ad. The company, however, is revealing four commercial concepts it rejected before developing the campaign more than 85 million people will see Sunday. The disc ... Continue reading

Research and Markets: The UK Private Motor Insurance Market is Forecast to Reach a Value of Just Under GBP 14 Billion by 2009

Research and Markets: The UK Private Motor Insurance Market is Forecast to Reach a Value of Just Under GBP 14 Billion by 2009

DUBLIN, Ireland--Feb. 2, 2005--A comprehensive report examining the main lines of personal insurance: motor, household, accident and health. The report provides market size and profitability figures alongside competitor data and growth forecasts. Research and Markets (http://www.researchandmarkets.com/reports/c12215) h ... Continue reading

Sixt Rent A Car Announces Expansion in Asia Pacific Region

Sixt Rent A Car Announces Expansion in Asia Pacific Region

Germany's Biggest Car Rental Company Also Looking to Recruit Suitable Franchise Partners SINGAPORE, Feb. 2 /Xinhua-PRNewswire/ -- The mobility service provider Sixt AG is aggressively expanding its presence in Asia Pacific. In a move to better serve the expanding and unique Asian Market Sixt has recently opened its Asi ... Continue reading

Cummins Reports Record Sales and Earnings in 2004; Fourth-Quarter Sales, Profits Also Hit All-time High

Cummins Reports Record Sales and Earnings in 2004; Fourth-Quarter Sales, Profits Also Hit All-time High

COLUMBUS, Ind.--Feb. 2, 2005--Cummins Inc. today reported record sales and earnings for 2004, fueled by strength across all business units and in most market segments. For all of 2004, Cummins posted sales of $8.44 billion, a 34 percent increase from $6.30 billion in 2003. Earnings before interest and taxes (EBIT) were ... Continue reading

AutoCorp to Acquire Companies for Tracking of Containers, Tractor - Trailers, Trucks and Personal Vehicles and Private Aircraft

AutoCorp to Acquire Companies for Tracking of Containers, Tractor - Trailers, Trucks and Personal Vehicles and Private Aircraft

FRISCO, Texas--Feb. 2, 2005-- Plans to Change Name to Homeland Security Network, Inc. AutoCorp Equities, Inc. (OTCBB: ACOR) announced today that it had signed two Letters of Intent to acquire companies specializing in Homeland Security. The technology to be acquired facilitates inexpensive and reliable tracking of cont ... Continue reading

Hoosier Racing Tires Named Official Tire of SSP

Hoosier Racing Tires Named Official Tire of SSP

Contact: Todd Fisher (717) 292-1696 -FOR IMMEDIATE RELEASE Hoosier Racing Tires Named Official Tire of the Susquehanna Speedway Park NEWBERRYTOWN, PA (February 1, 2005) – Susquehanna Speedway Park is pleased to announce Hoosier Racing Tire as its official tire for the 2005 racing season. Hoosier-brand ti ... Continue reading

Take It Easy. Take SEPTA to the 2005 Philadelphia Auto Show

Take It Easy. Take SEPTA to the 2005 Philadelphia Auto Show

PHILADELPHIA, Feb. 1 -- A turbo-charged pass is the key to unlimited one-day travel on all SEPTA routes for riders traveling to the 2005 Philadelphia International Auto Show scheduled for the Pennsylvania Convention Center from February 5 through February 13. Developed especially for the Auto Show and on sale now, the ... Continue reading

Kodak Takes Another Lap With Joe Henderson

Kodak Takes Another Lap With Joe Henderson

Henderson Signs with MB2 Motorsports in Drive for Diversity Program CHARLOTTE, N.C., Feb. 1 -- Eastman Kodak Company today announced it will again sponsor Joe Henderson III in the "Drive for Diversity" driver development program, which is endorsed by NASCAR. An inaugural Drive for Diversity participant, Henderson will ... Continue reading

Lexus Introduces Next Generation Vehicle Stability Control System in New 2006 GS 430

Lexus Introduces Next Generation Vehicle Stability Control System in New 2006 GS 430

TORRANCE, Calif., Feb. 1 -- With the introduction of the 2006 GS 430 luxury sport sedan, Lexus puts a window on the future of advanced automobile handling technology with its new Vehicle Dynamics Integrated Management system (VDIM). Through the intelligent use of the latest technology, VDIM helps to improve handling an ... Continue reading

Baer is New Chair of AAA Michigan

Baer is New Chair of AAA Michigan

DEARBORN, Mich., Feb. 1 -- William P. Baer, principal owner, chairman and chief executive officer of The Crown Group, was elected for a one-year term as chair of the board of directors of the 1.7-million-member Automobile Club of Michigan (AAA Michigan) during a board meeting conducted today at the Dearborn Inn in Dear ... Continue reading

Motor Vehicle Lighting Council Names New Officers; Continues Effort with NHTSA to Update Automotive Lighting Standards

Motor Vehicle Lighting Council Names New Officers; Continues Effort with NHTSA to Update Automotive Lighting Standards

RESEARCH TRIANGLE PARK, N.C., Feb. 1 -- Daniel R. Robusto, president and chief operating officer of Ill.-based North American Lighting, Inc., was recently elected chairman of the Motor Vehicle Lighting Council (MVLC). He succeeds Joseph V. Borruso, president and CEO of Hella North America, who served as the MVLC's firs ... Continue reading

Comcast Launches Public Safety Campaign Throughout Metro Richmond to Promote Driver Safety Among Young People

Comcast Launches Public Safety Campaign Throughout Metro Richmond to Promote Driver Safety Among Young People

Comcast Will Donate $500,000 Worth of Airtime Throughout Metro Richmond for Public Safety Messages Featuring the Families and Friends of Accident Victims RICHMOND, Va., Feb. 1 -- Comcast today announced a partnership with the families and friends of accident victims titled "Drive, Think, Live," beginning on Tuesday, Fe ... Continue reading

LKQ Corporation Acquires East Coast Aftermarket Business

LKQ Corporation Acquires East Coast Aftermarket Business

CHICAGO--Feb. 1, 2005--LKQ Corporation today announced that it acquired Bodymaster Auto Parts, Inc. and a related company that operate in the aftermarket collision automotive replacement parts business. Revenue of this business for the twelve months ended December 31, 2004 was approximately $19.5 million. Bodymaster ha ... Continue reading

Cruz Pedregon Strong in Preseason Testing

Cruz Pedregon Strong in Preseason Testing

PRESEASON TESTING NOTES & QUOTES Preseason Testing ­ Firebird International Raceway Advance Auto Parts Nitro Funny Car - Pedregon Racing NHRA POWERade Drag Racing Series Cruz Pedregon Strong in Preseason Testing Advance Auto Parts Nitro Funny Car Ready For Pomona CHANDLER, Ariz. (Feb. 1, 2005) ­ Cruz Pedregon and the ... Continue reading

New Publication Announcement: Who Works in Motorsports

New Publication Announcement: Who Works in Motorsports

If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email/fi ... Continue reading

Bill Auberlen - season preview

Bill Auberlen - season preview

Bill Auberlen will continue to chase championships and records this year, both on and off track. He will compete in three series – the Rolex Sports Car Series, Grand-Am Cup and American Le Mans Series – and is close to completing a unique custom motorcycle. He is hoping to match his record-setting 2004 seas ... Continue reading

Barrett Jackson Auto Auction Ends With Record Sales; Scalecars.com Sales Very Strong Despite Poor Weather

Barrett Jackson Auto Auction Ends With Record Sales; Scalecars.com Sales Very Strong Despite Poor Weather

SCOTTSDALE, Ariz.--Feb. 1, 2005--David Keaveney, CEO of Motorsports Emporium Inc. (OTCBB: MSEP), announced today that the five-day Barrett Jackson Auto Auction was a success despite rainy weather. Keaveney stated, "We are extremely pleased with the results of the Barrett Jackson show. Each of the five days saw higher r ... Continue reading

America's Love Affair with the Auto Industry Gets Vocational at Kennedy-King College

America's Love Affair with the Auto Industry Gets Vocational at Kennedy-King College

- Chrysler Group announces $225,000 support of Chicagoland Youth and Adult Training Center CHICAGO, Feb. 1 -- The Chrysler Group today announced its support of the Chicagoland Youth and Adult Training Center (CYATC), a training initiative located at Kennedy-King College. The year-long program is designed to bring autom ... Continue reading

Historic $3 Million 1954 GM Dream Car Coming to Gateway Colorado Auto Museum

Historic $3 Million 1954 GM Dream Car Coming to Gateway Colorado Auto Museum

One-of-a-Kind 1954 Olds F-88 Concept Car Breaks Barrett-Jackson Auction Record on Saturday, January 29 GATEWAY, Colo., Feb. 1 -- Emerging victorious from an intense bidding war that ultimately shattered a long-standing single-bid record at the Barrett-Jackson Classic Car Auction in Scottsdale, AZ, the Hendricks Car Col ... Continue reading

Third-Generation GS Luxury Sports Sedan Brings New Lexus Design to Market; Raises Bar on Performance, Comfort, Luxury and Safety

Third-Generation GS Luxury Sports Sedan Brings New Lexus Design to Market; Raises Bar on Performance, Comfort, Luxury and Safety

TORRANCE, Calif., Feb. 1 -- Lexus elevated the bar once again, with the launch of the next-generation 2006 GS 300 and GS 430 performance sedans. With the start of production, the all-new GS is ready to deliver using the latest in advanced design and technology to raise performance, comfort, safety and luxury to new lev ... Continue reading

ZAP Announces Receipt of $21,000,000 in New Purchase Orders for Smart Car

ZAP Announces Receipt of $21,000,000 in New Purchase Orders for Smart Car

Company Exceeds Sales Goals at NADA Dealer Conference in New Orleans NEW ORLEANS, Feb. 1 -- Major U.S. automotive dealers gave industry pioneer ZAP (BULLETIN BOARD: ZAPZ) a boost at their annual convention, signing purchase orders in excess of $21,000,0000 for the Smart Car Americanized by ZAP. ZAP is making its debut ... Continue reading

NAVTEQ Releases Full Coverage Map of Italy

NAVTEQ Releases Full Coverage Map of Italy

Updated database includes the entire road network and over 124,000 points of interests, enabling turn-by-turn guidance across Italy CHICAGO, Feb. 1 -- NAVTEQ , a leading global provider of digital map data for vehicle navigation and location-based solutions, has reached another milestone toward offering a full coverage ... Continue reading

Energy & Engine Technology Corporation Announces New Stricter Idling Regulations in California

Energy & Engine Technology Corporation Announces New Stricter Idling Regulations in California

PLANO, Texas, Feb. 1 -- Energy & Engine Technology Corporation (BULLETIN BOARD: EENT) (EENT) announced that today a new regulation has gone into effect in California which limits idling of diesel- powered commercial vehicles, which weigh more than 10,000 pounds, to five consecutive minutes. The regulation may be found ... Continue reading

GM, Hydrogenics Demonstrate No-emission, No-compromise Hydrogen-powered Forklift

GM, Hydrogenics Demonstrate No-emission, No-compromise Hydrogen-powered Forklift

OSHAWA, Ontario, Feb. 1 -- General Motors of Canada Limited and Hydrogenics Corporation today demonstrated that commercially viable hydrogen-powered industrial vehicles are closer to the market than many people think. Hydrogenics is leading a consortium of partners to develop, demonstrate and move fuel cell-powered for ... Continue reading

Chrysler Group's All-New Dodge Dakota Club Cab Gets Five Stars from NHTSA

Chrysler Group's All-New Dodge Dakota Club Cab Gets Five Stars from NHTSA

- 2005 Dakota Gets Top Rating in NHTSA Frontal and Side-Impact Tests - Eighth consecutive new Chrysler Group Product to Receive Five Stars for Frontal Crash Protection AUBURN HILLS, Mich., Feb. 1 -- The all-new 2005 Dodge Dakota Club Cab has received a Five-Star rating in front and side-impact crash tests from the Nati ... Continue reading

DTE Energy to Host Feb. 15 Alternative Energy Conference

DTE Energy to Host Feb. 15 Alternative Energy Conference

DETROIT, Feb. 1 -- Robert Stempel, chairman and CEO of Energy Conversion Devices Inc., will be one of the keynote speakers at the Sixth Annual DTE Energy Conference and Exhibition in Livonia. Stempel will discuss the future of electric vehicles at the conference, which will address alternative energy and best practices ... Continue reading

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