Collins Industries Announces Restatement of Financial Information
HUTCHINSON, Kan., March 2 -- Collins Industries, Inc. announced that, as a result of the Company's previously disclosed review of its self-insured reserves for estimated worker compensation claims in the states of Florida and Kansas, the Company will restate its previously issued financial statements for the 2002 and 2 ... Continue reading
Dunlop 'Treadheads' Hit the Road to Generate Buzz Nationwide
LOS ANGELES, March 2 -- Dunlop Tires announced today that its "treadheads" are hitting the road, where they will be the "mane" attraction at Hot Import Nights in 20 cities nationwide, including here on Saturday night. From L.A. to Honolulu, the unique Dunlop "treadhead" cuts will generate buzz. Hundreds of neatly cropp ... Continue reading
ICOP Digital Shareholders Approve Reverse Stock Split
OVERLAND PARK, Kan.--March 2, 2005--ICOP Digital, Inc. (OTCBB: ICPD), a provider of digital in-car video systems for law enforcement, announced today a 1-for-10 reverse split of the company's common and preferred stock. Shareholders approved the action at a Special Meeting of Shareholders on February 28, 2005. "The rev ... Continue reading
SPX Sells GSE Tech-Motive Tool to Atlas Copco
CHARLOTTE, N.C., March 2 -- SPX Corporation , today announced that it has completed the sale of its GSE tech- motive tool business to Atlas Copco-owned Chicago Pneumatic Tool Company. GSE tech-motive tool manufactures and distributes specialized tightening solutions for customers with critical assembly applications. Ba ... Continue reading
UnitedAuto Group to Participate in Raymond James 26th Annual Institutional Investors Conference
BLOOMFIELD HILLS, Mich.--March 2, 2005--UnitedAuto Group, Inc. , a FORTUNE 500 automotive specialty retailer, announced today that Roger Penske, Chairman, and Tony Pordon, Vice-President Investor Relations, will be presenters at the Raymond James 26th Annual Institutional Investors Conference in Orlando, Florida. The p ... Continue reading
IRVING, Texas, March 2 -- Valor Communications Group, Inc. plans to release its 2004 fourth quarter and year-end results before the market opens on Tuesday, March 8, 2005. The company will host a conference call and simultaneous Web cast to discuss fourth quarter and year-end results at 9 a.m. (Eastern Standard Time) o ... Continue reading
Veri-Tek International, Corp. Announces Full Exercise of Underwriters' Over-Allotment Option
WIXOM, Mich., March 2 -- Veri-Tek International, Corp. (Amex: VCC "Veri-Tek" or the "Company") announced today that the underwriter of its initial public offering has exercised its over-allotment option to purchase 375,000 shares of Veri-Tek's common stock at the initial public offering price of $6.00 per share and tha ... Continue reading
Alamo Group Announces 2004 Fourth Quarter and Year End Results
SEGUIN, Texas--March 2, 2005--Alamo Group Inc. today reported results for the fourth quarter and year ended December 31, 2004. Net sales in the fourth quarter were $84.6 million, an increase of 26% from the $67.4 million reported for the same period of 2003. The increase in sales was the result of internal growth from ... Continue reading
Alcoa Expands Supplier Relationship with Shanghai Aircraft of China
PITTSBURGH & CHANGZHONG ROAD, Shanghai--March 2, 2005--Alcoa announced today that its Global Extruded and End Products business has received a multiyear contract (2005-2009) from Chinese aircraft manufacturer Shanghai Aircraft Manufacturing Factory (SAMF) to provide aluminum extrusions for the horizontal stabilizer tai ... Continue reading
America's Car-Mart, Inc. Schedules Release of Third Quarter Results and Conference Call
BENTONVILLE, Ark., March 2 -- America's Car-Mart, Inc. today announced that the Company will release financial results for its fiscal 2005 third quarter, ended January 31st, 2005, on Wednesday, March 9th, 2005 at 7:30 A.M. (Eastern). Senior management will hold a conference call at 11:00 A.M. (Eastern). A live audio of ... Continue reading
Aspen Marketing Services Announces the Acquisition of a Leading Data Analytics and Modeling Firm
CHICAGO, March 2 -- Aspen Marketing Services, the 4th largest Marketing Services agency, today announced the acquisition of SRI Analytics located in Atlanta, GA. SRI Analytics is a data analytics firm specializing in customer lifecycle management and statistical modeling, with a strong presence in the telecommunication ... Continue reading
EVANSVILLE, Ind.--March 2, 2005--Atlas World Group Chairman and CEO Mike Shaffer reports that the company's largest subsidiary, Atlas Van Lines, Inc., posted record earnings in 2004, maintaining its position as the nation's second largest van line. Sales figures released today for 2004 show an increase of 12 percent or ... Continue reading
Blue Sky Motorcycle Rentals Brings in a Big Dog
SCOTTSDALE, Ariz.--March 2, 2005--Blue Sky Motorcycle Rentals, a subsidiary of MBA Holdings Inc. (OTCBB: MBAH), has entered into a licensing agreement with Rio Grande Big Dog Motorcycles of Albuquerque, N.M., making it now a Blue Sky rental location. Rio Grande Big Dog Motorcycles is one of the premier Big Dog dealersh ... Continue reading
CARLSBAD, Calif.--March 2, 2005-- Drive the Hottest Ball and the Hottest Car in the Callaway Golf HX Hot Drive Sweepstakes! Callaway Golf today kicked-off the HX Hot Drive Sweepstakes, an exciting new promotion that will award a customized, fully-loaded 2005 Ford Mustang GT to one lucky consumer. Starting today and run ... Continue reading
DAYTONA BEACH, Fla., March 2 -- International Speedway Corporation (BULLETIN BOARD: ISCB) ("ISC") today announced that it will participate in the Raymond James & Associates 26th Annual Institutional Investors Conference to be held March 7, 8 and 9 in Orlando, Florida. In conjunction with this appearance, ISC's conferen ... Continue reading
MILWAUKEE, March 2 -- Johnson Controls today announced that John M. Barth, Chairman and Chief Executive Officer, and Steve Roell, Executive VP and Chief Financial Officer, will be presenting at the conference on Tuesday, March 8 from 3:00pm to 3:45pm EST. (Logo: http://www.newscom.com/cgi-bin/prnh/20030423/JCILOGO ) A ... Continue reading
MEDFORD, Ore.--March 2, 2005--Lithia Motors, Inc. today announced that company management will present at the Raymond James 26th Annual Institutional Investors Conference being held at the Hyatt Regency Grand Cypress in Orlando, Fla., at 11:35 a.m. EST on Tuesday, March 8, 2005. The presentation will cover Lithia's fin ... Continue reading
RACINE, Wis.--March 2, 2005--Modine Manufacturing Company today announced the completion, effective March 1, of its purchase of the heavy-duty original equipment (OE) business of Transpro, Inc. (AMEX:TPR) for $17 million in cash. The acquisition, which underscores Modine's strategic focus on its core, technology-driven ... Continue reading
GRANDVILLE, Mich., March 2 -- The composites industry in North America and Europe made a substantial recovery in 2004 from the slump of the past three years (2001-2003). The global composites industry saw a record growth of 8.7% in 2004 according to a new E-Composites market intelligence study, "Global Composites Marke ... Continue reading
HOUSTON & GAITHERSBURG, Md.--March 2, 2005--OFS Portal, LLC, an industry-leading group of major upstream oil and gas suppliers, today announced it has selected GXS, a leading provider of B2B e-commerce solutions, to implement and manage the OFS Portal Transaction Messaging Service (TMS). TMS is a trusted message routin ... Continue reading
Scott Powell To Succeed Norman Buchan As Head of Chase Auto and Student Finance
CHICAGO--March 2, 2005--JPMorgan Chase & Co. (NSYE:JPM) announced today that Norman Buchan has decided to leave the firm after 34 years and that Scott Powell will succeed him as head of Chase Auto and Student Finance. Powell also will continue as co-CEO of Home Finance with responsibility for home equity and subprime m ... Continue reading
SiriCOMM Updates Technology Platform
Latest Update Adds Security Enhancements and Improves Extensibility JOPLIN, Mo., March 2 -- SiriCOMM, Inc. (BULLETIN BOARD: SIRC) , a nationwide broadband wireless software and network infrastructure solutions company for the commercial transportation industry and government market, today announced an update to the Com ... Continue reading
Speedemissions Launches Speedemissions.com
ATLANTA, March 2 -- Speedemissions, Inc. (BULLETIN BOARD: SPEM) , a leading vehicle emissions testing and safety inspections company announced that it has launched its new corporate website. The site may be viewed at www.Speedemissions.com . The newly designed Speedemissions.com web site will provide the company's inve ... Continue reading
XRG Inc. Reports Quarterly Results; Company Reports GAAP Net Income
CLEARWATER, Fla.--March 2, 2005--XRG Inc. (OTCBB:XRGI), a provider of a wide range of truckload freight services in the United States, today announced results for its quarter ended Dec. 31, 2004. XRG generated revenue of $12,130,523 for the three months ended Dec. 31, 2004, as compared to $908,066 during the three-mont ... Continue reading
Nissan Plans Fourfold CVT Increase Over Three Years
Tokyo Feb. 28, 05; Nissan Motor Co., Ltd., is planning a fourfold increase in vehicles fitted with CVT (continuously variable transmission ) over the next three years, offering more customers worldwide the benefits of increased fuel efficiency and smooth, responsive driving performance. In fiscal year 2007, Nissan plan ... Continue reading
2005 Geneva Motor Show: Aston Martin launches the V8 Vantage
Aston Martin unveiled the production version of its eagerly awaited V8 Vantage at the 2005 Geneva International Motor Show on Tuesday 1st March. First shown as a concept car at the 2003 North American International Auto Show in Detroit, the V8 Vantage immediately caused a worldwide sensation as it allows Aston Martin t ... Continue reading
2005 Geneva Motor Show: Ford SAV Concept
Today Ford Motor Company Limited unveiled a Sport Activity Vehicle Concept (SAV) at the Geneva motor show. A stylish three-row mono-space, SAV Concept provides a glimpse of a new design direction for Ford of Europe. Sleek and purposeful, the Ford SAV Concept demonstrates new ideas for people- and load-carrying flexibil ... Continue reading
2005 Geneva Auto Show: Honda Previews Next Civic
This week sees the unveiling of the Civic Concept, a five door hatchback exclusively developed for the European market. The styling of the Civic Concept is very close to that of the mass production model that will be introduced in early 2006. It was designed to appeal to our customers’ emotions, with a wider and ... Continue reading
Nissan Revs Up Its First Full-Size Vehicles with New Plant
CANTON, Miss.--March 2, 2005--With the most productive automotive plant in North America for the last eight out of nine years according to The Harbour Report, Nissan North America, Inc., knows how to drive manufacturing. The team has developed the "Nissan Production Way" - which has set the standard for many other manu ... Continue reading
Auto Suppliers Face More Pain As Automakers Predict Cuts in Production After Disappointing Sales
DETROIT March 2, 2005; Dee-Ann Durbin writing for the AP reported that Wall Street analysts lowered their earnings estimates for several auto suppliers Wednesday, a day after General Motors Corp. and Ford Motor Co. said they'll produce thousands fewer vehicles in the coming months because of disappointing sales. Deutsc ... Continue reading
Land Rover North America Tests the Boundaries With Intel Mobile Technology
SAN FRANCISCO, Intel Developer Forum, March 2 -- Land Rover announced today that the award-winning Land Rover LR3 is being unveiled by Intel Corporation as the first vehicle to demonstrate integration of its newest Intel(R) Centrino(TM) mobile technology-based concept mobile PC today at the Intel Developer Forum in San ... Continue reading
Autodata: GM's Highest Incentives Still Equal Lower Sales
DETROIT, March 2, 2005; Reuters reported that General Motors Corp. led its rivals in offering hefty consumer incentives to help boost its U.S. sales in February, but the month ended not with a bang, but a whimper for GM, which saw its sales of new cars and trucks drop 13 percent. The world's largest automaker, hurt by ... Continue reading
2005 Geneva Auto Show: Diesel, hybrids vie for Europe's car buyers
Geneva March 2, 2005; Michael Shields writing for Reuters reported that hybrid technology is trying to muscle in on Europeans' love of diesel cars in a struggle to set the standard for powering the next generation of autos. But there is little doubt that diesel engines remain for now the technology of choice for many E ... Continue reading
Geneva Auto Show - Saab Intro New 9-3
General Motors Europe President Carl-Peter Forster introduces the new Saab 9-3 SportCombi at the 75th Geneva International Motor Show in Geneva, Switzerland, Tuesday, March 1, 2005. ... Continue reading
Car Shoppers Look to Consumer Guide(R) Automotive for Smart Purchasing Decisions
Consumer Guide(R) Automotive Web Site Demonstrates Company's Ongoing Commitment to Saving Consumers Time and Money LINCOLNWOOD, Ill., March 2 -- Consumer Guide(R) Automotive, a leading provider of consumer-oriented automotive information, today unveiled the newest version of its award-winning Web site, http://auto.cons ... Continue reading
Internet Car Buying Approaches 30 Percent of Market
SANTA MONICA, Calif., March 2 -- Soon nearly 30 percent of new cars will be purchased through car dealerships' Internet departments, and that number is expected to continue to grow as consumers become more savvy about the convenience and savings available. "Strategies for Smart Car Buyers," second edition, explains how ... Continue reading
Bricklin Offers Dealers 15% Gross on Chinese-Made Cars as Part of Visionary Vehicles Dealer Plan
Bricklin seeks forward-thinking elite dealers to form 'Founders 25 Group' Bricklin also releases architectural renderings of Visionary Vehicles' 'Auto Shows' - dealerships of the future that will fundamentally change the North American auto retail experience NEW YORK, March 2 -- Malcolm Bricklin, Founder and CEO of Vis ... Continue reading
2005 Geneva Auto Show: New Hummer H3
European premiere signals HUMMER's growing international presence * Authentic HUMMER in midsize package * First with 5-cylinder gasoline engine, diesel engine available at later date * Market launch in Europe in the second half of 2005 Geneva, Switzerland March 1, 2005; Today at the 75th Geneva Motor Show, General Moto ... Continue reading
Hyundai Signs Sponsorship Deal With FIFA
Seoul March 2, 2005; Kim Sung-jin writinfg for the Korea Times reported that Hyundai Automotive Group has signed an eight-year official sponsorship agreement with the Federation Internationale de Football Association (FIFA). Hyundai Motor said Wednesday that its vice chairman Kim Dong-jin and FIFA president Joseph S. B ... Continue reading
GM Europe Offers Extended Test Drives of Three-Days
GENEVA March 2, 2005; Erica Bulman writing for the AP reported that General Motors Corp., the world's largest automaker, is allowing potential European customers three-day test drives of its Opel and Vauxhall autos so motorists can "experience a car firsthand." The moves come as GM is trying to improve results from its ... Continue reading
Toyota Kirloskar Launches Innova Minivan Production in India
Tokyo March 2, 2005;(JCNN) - Toyota Motor has launched the production of the Innova, a minivan that is one of the five newly developed vehicles under the Toyota-promoting IMV (Innovative International Multipurpose Vehicle) Project at Toyota Kirloskar Motor Private in Bangalore, India. Succeeding the predecessor Qualis, ... Continue reading
Fairchild Semiconductor Reiterates Previous Guidance for the First Quarter
SOUTH PORTLAND, Maine--March 2, 2005--Fairchild Semiconductor , the leading supplier of high performance semiconductor products that optimize power, today reiterated its previous guidance for first quarter 2005. "Bookings improved in the first half of this quarter, and we continue to expect a normal seasonally slow rev ... Continue reading
AUTOZONE Second Quarter 2005 EPS Up
MEMPHIS, Tenn., March 2 -- AutoZone, Inc. today reported sales of $1.204 billion for its fiscal second quarter (12 weeks) ended February 12, 2005, up 3.9% over fiscal second quarter 2004. Same store sales, or sales for domestic stores open at least one year, were flat for the quarter. Operating profit increased 12.2% o ... Continue reading
PALO ALTO, Calif.--March 2, 2005--Despite mounting reported collision rates and an assumed rise in the non-reported ones, the replacement body collision aftermarket is witnessing a decline in the number of total repair jobs. Factors that contribute to this trend are higher insurance premiums for vehicles with high clai ... Continue reading
New Mitsubishi Motors President Affirms Commitment to U.S. Market
TOKYO March 1, 2005; Yuri Kageyama writing for the AP reported that scandal-plagued Japanese automaker Mitsubishi Motors has no plans to sell its plant in the United States or further trim its U.S. work force. Instead, it promised to stay committed to the U.S. market, which is critical for the company's turnaround, the ... Continue reading
NASCAR Chevy Transcript - R. Gordon, Mexico, Mar. 1
GM RACING, CHEVROLET Contact: Nancy Wager NASCAR NEXTEL Cup Teleconference GM Racing Communications March 1, 2005 nmwager@aol.com This week's NASCAR NEXTEL Teleconference featured Robby Gordon, owner and driver of the No. 7 Harrah's Chevrolet Monte Carlo in the NEXTEL Cup Series as well as the No. 55 Fruit Of The Loom ... Continue reading
Shane Lewis Debuts New Car At Homestead
Shane Lewis Debuts New Car At Homestead HOMESTEAD, Fla., March 1, 2005 - For Shane Lewis getting to race at his 'home' track this weekend in the Grand Prix of Miami is an enticing prospect. However, making the Homestead-Miami Speedway (HMS) event even more special to the Jupiter, Fla. resident is that Lewis will be deb ... Continue reading
Chevrolet IRL Preview: Chevy Focuses on Panther Racing
Contact: Rick Voegelin (831) 761-2201 rickvoegelin@compuserve.com CHEVROLET FOCUSES IRL PROGRAM ON PANTHER RACING Chevy Indy V-8 Powers Scheckter and Enge in IRL Season Opener HOMESTEAD, Fla. – You hit more bull's-eyes with a rifle than with a shotgun. That’s the strategy that GM Racing is pursuing in the 2 ... Continue reading
GM Restructures Engineering, Design Operations to Speed Up Product Development, Lower Expenses
DETROIT March 1, 2005; John Porretto writing for the AP reported that General Motors Corp., the world's largest automaker, said Tuesday it is restructuring its engineering and design operations to better leverage global resources, accelerate product development and, ultimately, reduce expenses. The most significant cha ... Continue reading
General Motors Corp. to Lay Off Nearly 3,000 Workers at Its Lansing Car Assembly Plant
DETROIT March 1, 2005; Dee-Ann Durbin writing for the AP reported that General Motors Corp. said Tuesday it will lay off nearly 3,000 hourly workers at its Lansing Car Assembly plant later this spring. The plant makes the Pontiac Grand Am and the Chevrolet Classic, which is the fleet version of the Chevrolet Malibu. Bo ... Continue reading
Mitsubishi Motors May Raise U.S. Output by Up to 30%
March 2, 2005; Naoko Fujimura writing for Bloomberg reported that Mitsubishi Motors Corp., which is aiming to release two new models this year to stem its U.S. sales decline, said it is aiming to increase production in Illinois factory by up to 30 percent. Mitsubishi Motors, Japan's fifth-largest carmaker, said it can ... Continue reading
Toyota, Nissan Lead U.S. February 2005 Sales With Trucks
March 1, 2005; Bloomberg reported that Toyota Motor Corp., Nissan Motor Co. and other Asian automakers extended U.S. market-share gains for a sixth straight month in February as their new light-truck models helped draw more buyers. Vehicles such as the new Pathfinder sport-utility vehicle by Nissan, Japan's second-bigg ... Continue reading
2005 Geneva Motor Show: Cadillac Introduces BLS
General Motors Europe Executive Director Design Bryan Nesbitt introduces the new Cadillac BLS Show Car at the 75th Geneva International Motor Show in Geneva, Switzerland, Tuesday, March 1, 2005. ... Continue reading
Advance Auto Parts to Present at Two Upcoming Investor Conferences
ROANOKE, Va., March 1 -- Advance Auto Parts, Inc. , will be presenting at the Raymond James 26th Annual Institutional Investors Conference on Monday, March 7, 2005 beginning at 11:00 a.m. Eastern Standard Time. A live broadcast of the presentation will be available online in the Investor Relations section of the Compan ... Continue reading
Auto Suppliers Urge Trade Commission to Eliminate Duties That Drive Up Steel Prices
WASHINGTON, March 1 -- The U.S. auto supplier industry today urged the International Trade Commission to eliminate certain duties on imported steel, saying the duties have distorted the steel market in the U.S., contributing to unprecedented bankruptcies and job losses among steel users. The ITC will hold hearings tomo ... Continue reading
BMW Group DesignworksUSA Recreates Iconic 1951 Chair Found on eBay by Emeco
Redesigned Classic to Debut at Salone Internazionale del Mobile in Milan in April LOS ANGELES, March 1 -- BMW Group DesignworksUSA, the California-based design studio, and aluminum chair company, Emeco have revitalized an iconic Emeco chair popular in the 1950s that was rediscovered on the auction website eBay. Designe ... Continue reading
Eaton Completes Purchase of Brazilian Powertrain Manufacturer Pigozzi S.A.
CLEVELAND--March 1, 2005--Diversified industrial manufacturer Eaton Corporation today announced it has completed its purchase of Pigozzi S.A. Engrenagens e Transmissoes, an agricultural powertrain business located in Caxias do Sul, Brazil. The transaction was announced February 21. Pigozzi produces agricultural powertr ... Continue reading
Lean Manufacturers Recognized for Excellence
LOGAN, Utah, March 1 -- Manufacturers of coronary stents, helicopters, circuit boards, fireplaces, laser guided bomb kits, airbag initiators, seat belts, injection molding, automotive seals, among others, are 2005 Recipients of the Shingo Prize for Excellence in Manufacturing. Dubbed the "Nobel prize of Manufacturing" ... Continue reading
Lear Revises First-Quarter 2005 Guidance
SOUTHFIELD, Mich., March 1 -- Lear Corporation today revised its first-quarter 2005 net income guidance from a range of $0.50 to $0.70 per share to about breakeven, primarily reflecting additional industry production cuts, largely in North America. Lear's previous first-quarter net income guidance was based on an expec ... Continue reading
Tecnomatix Shareholders Approve Acquisition By UGS Corp.
PLANO, Texas and HERZLIA, Israel, March 1 -- UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, and Tecnomatix Technologies Ltd. , the leader in Manufacturing Process Management (MPM) software solutions for the automotive, electronics, aerospace and other manufacturing and ... Continue reading
Copart Reports Second Quarter Financial Results
FAIRFIELD, Calif.--March 1, 2005--Copart, Inc. , the largest provider of vehicle salvage disposition services in the United States, today reported results for the second quarter ended January 31, 2005. During the second quarter ended January 31, 2005, Copart earned net income of $23.6 million on revenues of $110.0 mill ... Continue reading
Wescast to Close Chassis Business
BRANTFORD, Ontario--March 1, 2005--Wescast Industries Inc. ("Wescast") (TSX:WCS.SV.A) announced today its decision to close the chassis business conducted at its Cordele, Georgia facility. The shutdown of the Georgia facility is expected to be completed by the end of the second quarter of 2005. This announcement follow ... Continue reading
Reed Sorenson Mexico City Race Advance
CONTACT: Jennifer Powell, Chip Ganassi Racing with Felix Sabates, (704) 662-9642, jpowell@ganassi.com Reed Sorenson, No. 41 Discount Tire Dodge Telcel Motorola 200 - Autodromo Hermanos Rodriguez Advance No. 41 TEAM FACTS: * Chassis: The Discount Tire team will race chassis #553 in Mexico City this weekend. This is the ... Continue reading
SHANE HMIEL Autodromo Hermanos Rodriguez Sponsor: WINFUEL Chassis: BR19 Owner: Todd Braun Manufacturer: Chevrolet Crew Chief: Todd Lohse Shane Hmiel / Braun Racing Quick Facts: · - BR19 is a brand new road racing car · - Braun Racing tested Virginia International Raceway, February 22 & 23 · - Shane attended th ... Continue reading
Dodge Reveals Global Concept Car
A New Slant On One of the World's Most Competitive Segments - Dodge Caliber Concept Car Revealed at 75th Annual Geneva International Motor Show - Concept Designed for Global Appeal -- Hints at Future of Next-Generation Dodge C-segment Vehicle - Powerful Dodge Design Statement Shatters Conventional Definition of a Compa ... Continue reading
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