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July 2007

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Friday, July 20, 2007

"Green By Nature": Valeo to Showcase Environmentally Friendly Technologies, New Park4U(TM) Features at Frankfurt Motor Show

"Green By Nature": Valeo to Showcase Environmentally Friendly Technologies, New Park4U(TM) Features at Frankfurt Motor Show

PARIS, July 20 -- During the Frankfurt IAA Motor Show, Valeo will be showcasing its environmentally friendly innovations under the theme "Green by nature", thereby affirming its natural and long-standing commitment to original and innovative technologies for reducing fuel consumption and CO2 emissions. Valeo's many sol ... Continue reading

GRAND AM (BIRMINGHAM) - CGRFS ADVANCE

GRAND AM (BIRMINGHAM) - CGRFS ADVANCE

TEAMS: Back-to-back Rolex 24 At Daytona Champions TELMEX Chip Ganassi Racing with Felix Sabates and drivers Scott Pruett and Memo Rojas in the No.01 TELMEX Lexus-Riley, Rob Finlay and Michael Valiante in the No.19 Z-Line Designs/Mission Residential/Make-A-Wish Foundation Lexus-Riley. VENUE: Barber Motorsports Park this ... Continue reading

NASCAR BCS/NCTS (BRISTOL) - Teams To Test New Surface at Bristol Motor Speedway

NASCAR BCS/NCTS (BRISTOL) - Teams To Test New Surface at Bristol Motor Speedway

The newly-repaved surface at Bristol Motor Speedway will see its first action next week during open test sessions for teams in the NASCAR Busch Series and NASCAR Craftsman Truck Series. NASCAR Craftsman Truck Series teams will test on Monday, July 23 while NASCAR Busch Series teams will test on Tuesday, July 24. Both s ... Continue reading

ALMS (MID-OHIO) - IN HIS OWN WORDS....

ALMS (MID-OHIO) - IN HIS OWN WORDS....

The second half of the American Le Mans Series officially starts this weekend with the Acura Sports Car Challenge at Mid-Ohio Sports Car Course. There has been plenty to talk about both on and off the track with new manufacturers, teams, corporate partners and venues highlighting the first six rounds of 2007. Series Pr ... Continue reading

GRAND AM (DAYTONA) - Grand-Am Rolex Series Champions Banquet Registration Open...

GRAND AM (DAYTONA) - Grand-Am Rolex Series Champions Banquet Registration Open...

The 2007 Champions Banquet for the Grand-Am Rolex Sports Car Series presented by Crown Royal Special Reserve is headed for the bright lights of Las Vegas for the second straight year, with the season-ending event scheduled for Monday, September 17 at The Venetian Resort-Hotel-Casino in the heart of the Vegas Strip. Las ... Continue reading

ALMS (LONG BEACH) - AMERICAN LE MANS SERIES ANNOUNCES 2008 SUPER SATURDAY...

ALMS (LONG BEACH) - AMERICAN LE MANS SERIES ANNOUNCES 2008 SUPER SATURDAY...

AT TOYOTA GRAND PRIX OF LONG BEACH The American Le Mans Series will make its second consecutive appearance at the Grand Prix of Long Beach in April. The American Le Mans Series returns to Southern California's iconic car culture April 18-20 with the 34th running of the annual Toyota Grand Prix of Long Beach. The Toyota ... Continue reading

Stoneridge, Inc. to Broadcast Its Second-Quarter 2007 Conference Call on the Web

Stoneridge, Inc. to Broadcast Its Second-Quarter 2007 Conference Call on the Web

WARREN, Ohio, July 20 -- Stoneridge, Inc. will broadcast its second-quarter 2007 earnings conference call live over the Internet on Wednesday, August 1, 2007 at 11 a.m. Eastern time with President and Chief Executive Officer, John Corey; Executive Vice President and Chief Financial Officer, George Strickler; and Direct ... Continue reading

ASV Schedules 2nd Quarter Earnings Release and Conference Call

ASV Schedules 2nd Quarter Earnings Release and Conference Call

GRAND RAPIDS, Minn.--ASV, Inc. announced today it will release financial results for its second quarter ended June 30, 2007 the morning of Friday, July 27, 2007. The Company has scheduled a conference call to discuss its second quarter 2007 financial results for 9:00 a.m. Central Time on the same day. The call will be ... Continue reading

TRW Expands Operations in Eastern Europe with a New Plant in Slovakia

TRW Expands Operations in Eastern Europe with a New Plant in Slovakia

BYTCA, Slovakia, July 20 -- TRW Automotive's Engineered Fasteners & Components business today announced that it has expanded operations in the growing market of Eastern Europe with the addition of a new plant in Bytca, Slovakia. TRW Automotive Slovakia s.r.o., a subsidiary of TRW Automotive Holdings Corp , will manufac ... Continue reading

Statement by Tom LaSorda, Chrysler Group President and Chief Executive Officer Regarding the Start of 2007 Contract Negotiations with the UAW

Statement by Tom LaSorda, Chrysler Group President and Chief Executive Officer Regarding the Start of 2007 Contract Negotiations with the UAW

AUBURN HILLS, Mich., July 20 -- It's been four years since our last round of negotiations with the UAW, and since then, a lot has changed for our industry, and for Chrysler. Today, the domestic auto industry faces unprecedented challenges, and we can no longer afford to conduct "business as usual." Our circumstances de ... Continue reading

Synesi, Inc. Announces New President & CEO Anthony Marotta of Carefree Elite

Synesi, Inc. Announces New President & CEO Anthony Marotta of Carefree Elite

MIAMI--Synesi, Inc. (Pink Sheets:SYNS) announced today that Anthony Marotta has been appointed President and CEO of the Company. Anthony began his career as a national sales manager with Rae Mar Cable, an industrial products supplier. Possessing broad product knowledge and a keen understanding of marketing, Anthony exc ... Continue reading

Industrial Enterprises Appoints Dan Redmond as President and Chief Operating Officer

Industrial Enterprises Appoints Dan Redmond as President and Chief Operating Officer

NEW YORK--Industrial Enterprises of America, Inc. , a specialty automotive aftermarket supplier, today announced that its Board of Directors has appointed Robert "Dan" Redmond as president and chief operating officer of the company, responsible for all day-to-day operations and reporting to the chief executive officer. ... Continue reading

BorgWarner Declares Quarterly Dividend

BorgWarner Declares Quarterly Dividend

AUBURN HILLS, Mich., July 20 -- The board of directors of BorgWarner Inc. has declared a quarterly dividend of $0.17 per share on all of the company's issued and outstanding common stock. The dividend is payable August 15, 2007 to stockholders of record on August 1, 2007. Auburn Hills, Michigan-based BorgWarner Inc. is ... Continue reading

Dramatically Redesigned 2008 Cadillac CTS Readies for Launch - VIDEO ENHANCED

Dramatically Redesigned 2008 Cadillac CTS Readies for Launch - VIDEO ENHANCED

New design and features create compelling value DETROIT - July 20, 2007: The dramatically designed new 2008 Cadillac CTS will launch in late-August with a higher level of technology, luxury and performance. With many new standard features and a long list of new options, the all-new 2008 CTS, Cadillac's most affordable ... Continue reading

Kia's New Joint Venture Plant In China To Start Production

Kia's New Joint Venture Plant In China To Start Production

SHANGHAI- July 20, 2007: Kia's second production base in the eastern province of Jiangsu will start assembling in October, said Dongfeng Yueda Kia general manager at a news conference in Yancheng City, Jiangsu Province. The project is a joint venture (JV) between Kia and its Chinese partners, Dongfeng Motor Corp. and J ... Continue reading

Continental AG to expand in China

Continental AG to expand in China

SHANGHAI - July 20, 2007: Continental AG has announced that intends to continue its expansion in China. The company, a subsidiary of the German automotive supplier Continental AG, made this clear during an interview with Gasgoo.com. "The Chinese market plays a key role in our corporate strategy. The rising employee hea ... Continue reading

Audi to Launch the Cleanest Diesel In The World

Audi to Launch the Cleanest Diesel In The World

INGOLSTADT, Germany - July 20, 2007: From mid-2008 Audi will be putting the cleanest diesel technology in the world into series production. The new TDI engines with their ultra-low emission system combine the spontaneous performance and superior pulling power of today’s TDI power units with outstanding fuel consum ... Continue reading

Goodyear Fuel-Efficient Truck Tires Gain EPA Certification

Goodyear Fuel-Efficient Truck Tires Gain EPA Certification

AKRON, Ohio, July 19 -- The Goodyear Tire & Rubber Company today said the U.S. Environmental Protection Agency has certified its commercial tires featuring Fuel Max Technology for use on SmartWay-eligible trucks. (Logo: http://www.newscom.com/cgi-bin/prnh/20050204/GTLOGO ) The fuel-efficient line-haul tires deliver up ... Continue reading

Genuine Parts Company Reports Record Sales and Earnings for Second Quarter and Six Months Ended June 30, 2007

Genuine Parts Company Reports Record Sales and Earnings for Second Quarter and Six Months Ended June 30, 2007

ATLANTA--Genuine Parts Company reported record sales and earnings for the second quarter and six months ended June 30, 2007. Thomas C. Gallagher, Chairman, President and Chief Executive Officer, announced today that sales totaling $2.77 billion were up 4% compared to the second quarter of 2006. Net income for the quart ... Continue reading

Price Lowered and More Standard Content Added to the All-New 2008 Jeep(R) Liberty

Price Lowered and More Standard Content Added to the All-New 2008 Jeep(R) Liberty

All-New Jeep Classic Exterior Styling, Functional Interior Space, Refined Ride and Handling for Under $21,000 - and with Legendary Jeep 4x4 Capability for Under $23,000 -- Industry exclusive Sky Slider(TM) full-length, open canvas roof -- Most advanced four-wheel drive system available in segment with Jeep Trail Rated( ... Continue reading

PPG Again Posts Record Sales for Any Quarter

PPG Again Posts Record Sales for Any Quarter

PITTSBURGH--PPG Industries today reported record sales for the second quarter – or any quarter in the company’s history – of $3.2 billion, surpassing the record performance set just last quarter. Year over year, second quarter sales were up 12 percent. Second quarter net income was $249 million, or $1.50 ... Continue reading

KVH Reports Second Quarter Results

KVH Reports Second Quarter Results

- Record Quarterly Revenue of $23.2 Million - Net Profit of $1.5 Million; $0.10 Earnings per Share MIDDLETOWN, R.I., July 19 -- KVH Industries, Inc., today reported financial results for the second quarter ended June 30, 2007. Revenue for the second quarter of 2007 was $23.2 million, a 6% increase over the second quart ... Continue reading

Harley-Davidson Announces 2007 Second Quarter Results

Harley-Davidson Announces 2007 Second Quarter Results

2008 Model Motorcycles Introduced MILWAUKEE, July 19 -- Harley-Davidson, Inc. today announced its results for the second quarter ended July 1, 2007. Revenue for the quarter was $1.62 billion compared to $1.38 billion in the year ago quarter, a 17.7 percent increase. Net income for the quarter was $290.5 million compare ... Continue reading

New 12" KVH TracVision SlimLine Satellite TV Systems Bring Unmatched Performance to RVs

New 12" KVH TracVision SlimLine Satellite TV Systems Bring Unmatched Performance to RVs

Four New 12" Satellite TV Systems for RVs Offer Reception Equal to Competing 15" Systems, plus HDTV and Superior Support for DIRECTV MIDDLETOWN, R.I., July 19 -- KVH Industries unveiled a whole new line of high-performance, low-profile mobile satellite TV systems today at The Rally in Redmond, OR. The new TracVision(R) ... Continue reading

China Auto Imports & Exports Increased More Than 70% in 1st 5 months of 2007

China Auto Imports & Exports Increased More Than 70% in 1st 5 months of 2007

SHANGHAI - July 19, 2007: China's sedan exports soared 80.85% year-to-year to 51,700 units in the first five months of 2007, according to figures from the China Association of Automobile Manufacturers. In May exports of completely built vehicles were 47,000 units, up 12.12% from April and 80.27% year on year. Foreign e ... Continue reading

June Sales Rise in China's Booming Commercial Vehicle Market

June Sales Rise in China's Booming Commercial Vehicle Market

http://www.gasgoo.com/autobiz/2644/June-sales-slide-in-China-s -booming-commercial-vehicle-market.html By Joanne From:www.gasgoo.com SHANGHAI - July 19, 2007: Sales of commercial and passenger vehicles in China witnessed another big rise in June, according to the China Association of Automobile Manufacturers. It is for ... Continue reading

J.D. Power and Associates Reports: Drop-In Customers Report Greater Satisfaction with Dealer Service

J.D. Power and Associates Reports: Drop-In Customers Report Greater Satisfaction with Dealer Service

Jaguar Ranks Highest in Customer Satisfaction with Dealer Service WESTLAKE VILLAGE, Calif.: 19 July 2007 —Although more than three-fourths of vehicle owners report making an appointment with their dealership for a repair or maintenance, customers who drop in without a scheduled appointment are more satisfied, acco ... Continue reading

Study: Internet and Auto Shows are Best Way for Car Manufacturers in China to Spend Their Marketing Budgets

Study: Internet and Auto Shows are Best Way for Car Manufacturers in China to Spend Their Marketing Budgets

China's Car Dealers Have Limited Value in the Consumer's Decision-Making Process SHANGHAI, China, July 20 /Xinhua-PRNewswire/ -- Where do China's car buyers go to for high quality and credible sources of information when they decide what to buy? Family and friends come top of the list; car buyers are also avid fans of ... Continue reading

Dealer Commitment Results in Big Customer Service Gain - Mitsubishi CEO

Dealer Commitment Results in Big Customer Service Gain - Mitsubishi CEO

CYPRESS, Calif., July 19 -- Mitsubishi Motors North America, Inc. (MMNA) President & CEO Hiroshi Harunari today cited the commitment of its dealers as the main contributor to the automaker's dramatic jump in a customer satisfaction study. J.D. Power and Associates' annual Customer Service Index (CSI) study, released to ... Continue reading

Tenneco Announces Executive Appointment

Tenneco Announces Executive Appointment

Alain Michaelis Named Senior Vice President Global Supply Chain Management & Manufacturing LAKE FOREST, Ill., July 19 -- Tenneco announced today the appointment of Alain Michaelis, 40, as senior vice president, global supply chain management & manufacturing, effective August 27, 2007. Michaelis will be responsible for ... Continue reading

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