Tenneco Automotive Reports Third Quarter Results
Company Reduces Total Debt -- Company reports net income of $3 million, or 9-cents per diluted share -- Original Equipment business improves gross margin performance -- Company lowers total debt by $93 million -- Working capital improvements generate $87 million in cash LAKE FOREST, Ill., Oct. 21 -- Tenneco Automotive ... Continue reading
BLOOMFIELD HILLS, Mich.--Oct. 21, 2003--United Auto Group, Inc. , today announced that its Board of Directors declared a cash dividend of $0.10 per share for the third quarter of 2003. Roger S. Penske, Chairman of UnitedAuto commented: "Since 1999, UnitedAuto has increased its revenue from $3.3 billion to $7.4 billion ... Continue reading
PACCAR Announces Excellent Sales and Earnings Results
BELLEVUE, Wash.--Oct. 21, 2003--"PACCAR Inc reported higher sales and net income for the third quarter and first nine months of 2003 compared with the same periods a year ago," said Mark C. Pigott, chairman and chief executive officer. Third quarter net sales and financial services revenues were $2.1 billion, compared ... Continue reading
RANCHO DOMINGUEZ, Calif.--Oct. 21, 2003-- New Shirt Pays Tribute to Surfing's Influence on Custom Hot Rods American Racing Equipment, the leading manufacturer of custom wheels for vintage and hot rod automobiles, pays tribute to surfing's influence on custom rods with the 2nd edition Thom Taylor designed American Racin ... Continue reading
Locally Relevant Web Ads Earn High Click Though Rates
FOR IMMEDIATE RELEASE Locally Relevant Web Ads Earn High Click Though Rates The ability to find the ads on search engines add an extra kick CLIFTON SPRINGS, NY, Oct. 21, 2003 -- Our-Hometown.com (http://www.our-hometown.com), the leading innovator of profitable business solutions for community newspapers, announced tod ... Continue reading
Federal-Mogul Announces Third Quarter 2003 Results
SOUTHFIELD, Mich., Oct. 21 -- Federal-Mogul Corporation (BULLETIN BOARD: FDMLQ) today reported results for the third quarter 2003. (Logo: http://www.newscom.com/cgi-bin/prnh/20000525/DETH025LOGO ) Highlights * Federal-Mogul was awarded new aftermarket business with Sears, Roebuck and Co. and Independent Factors Associa ... Continue reading
Honda President Predicts Japan's Domestic Sales Will End Slide
TOKYO October 21, 2003 Yoshio Takahashi writing for Dow Jones reported that Honda Motor Co.'s president said Tuesday he expects his company's domestic auto sales will stop falling in October, breaking a year-long slide and signaling Honda's prospects may be improving at home. "I expect sales in October will top last ye ... Continue reading
US auto executive criticizes Japan's currency interventions
TOKYO October 21, 2003; The AP reported that a top executive at U.S. automaker General Motors Corp. on Tuesday criticized Japan's interventions in currency markets, saying they give Japanese auto exporters an edge in the United States. GM's Chief Financial Officer John Devine said that by keeping the yen weak, Tokyo is ... Continue reading
Toyota President: Expect To Gain 10% China Market Share By 2010
TOKYO October 21, 2003; Yoshio Takahashi writing for Dow Jones reports that Toyota Motor Corp. President Fujio Cho said Tuesday the automaker aims to gain a market share of 10% in the rapidly growing Chinese auto market by 2010. Toyota is attracted to the potential growth of the Chinese market, he said, adding, "we wou ... Continue reading
Nissan Prez Sez Chinese Auto Market Growth Will Continue
TOKYO, October 21, 2003; Kazuhiro Shimamura writing for Dow Jones reported that Nissan Motor Co.'s President Carlos Ghosn said Tuesday the auto market in China can sustain robust growth for at least several more years. "There is no reason that (growth) is going to stop in the foreseeable future," Ghosn told the Tokyo I ... Continue reading
Toyota Prez Sez "GM Wonderful Company"
TOKYO, Oct 21, 2003; Chang-Ran Kim writing for Reuters reported that Toyota Motor President Fujio Cho, known as a champion of modesty, called General Motors Corp a "wonderful" company on Tuesday and dismissed suggestions the Japanese auto maker was trying to overtake its bigger rival. Toyota Motor Corp , the world's No ... Continue reading
GM Financial Chief Says Asia Focus Now On China, Not Japan
TOKYO October 21, 2003; Dow Jones reported that cracking the Japanese market once meant do-or-die for U.S. automakers hoping to succeed in Asia. But with China's car market now exploding, that's all changed. "Do we have to sell cars in Japan to be successful in Asia? No longer the case," General Motors' Chief Financial ... Continue reading
DaimlerChrysler Achieves Group Operating Profit of USD 1.45 Billion In Third Quarter of 2003
* Chrysler Group returns to a positive operating result * Operating profit at Mercedes Car Group on a high level * Commercial Vehicles division achieves substantial increase in operating profit * Services continues strong positive earnings trend * Affirmation of Group goal: operating profit from ongoing business of aro ... Continue reading
TRW occupant protection technology wins international grand prize for technology innovation
Birmingham, England, October 21 -- - Innovative active control retractor links passive & active safety: TRW Automotive's Active Control Retractor (ACR) technology - the first active seat belt system on the market - gained the gold trophy for original equipment for vehicles in the International Grand Prize for Technolog ... Continue reading
Monaco Coach Corporation Reports Third Quarter 2003 Results
COBURG, Ore., Oct. 21 -- Monaco Coach Corporation today reported revenue and earnings for its third quarter ended September 27, 2003. Third quarter earnings per share were 21 cents, on third quarter revenue of $303.2 million. Net income for the third quarter was $6.3 million. Operating income for the third quarter was ... Continue reading
China's Car Sales Up 69% In First 9 Months of 2003
SHANGHAI October 21, 2003; Dow Jones reported that China sold 1.34 million cars in the first nine months of the year, up 69% from the same period last year, prompting the China Association of Automobile Manufacturers to upgrade its full-year sales forecast to 1.9 million units from 1.5 million. Sales of domestically ma ... Continue reading
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 /f ... Continue reading
Top Ten Ways to Tell if Your Car is Ready for Retirement
Courtesy of the National Kidney Foundation of the Delaware Valley's Kidney Cars Vehicle Donation Program PHILADELPHIA, Oct. 20 -- If you bought your car, truck or van new, the years may have slipped by almost without you noticing. Here are ten ways to tell if your vehicle is ready for donation to the Kidney Cars Progra ... Continue reading
Winnebago Industries Announces Major Stock Repurchase Following the Death of Luise V. Hanson
FOREST CITY, Iowa--Oct. 20, 2003--The Directors of Winnebago Industries, Inc. have authorized and directed the repurchase of 1,450,000 shares of stock for $44.1235 per share from Hanson Capital Partners, LLC, which is owned and controlled by the family of Company founder John K. Hanson and his wife, Luise. Luise V. Han ... Continue reading
Nissan Aims Titan at Detroit Big Three, Tries to Gain Credibility With U.S. Truck Owners
CANTON, MS October 20, 2003; Barbara Powell writing for the AP reported that Nissan's hulking new Titan won't be marketed with a three-word slogan like, say, "Built Ford Tough" or "Like a Rock." And viewers of the first television ads may have a hard time figuring out what the Titan looks like, because of all the splat ... Continue reading
Car Makers Deny China Production In Overcapacity - Is Export In The Minds Of The Makers?
TOKYO, Oct 21, 2003; Chang-Ran Kim writing for Reuters reported that as fears of overcapacity in the Chinese car market grow with every expansion announcement, big car makers would only express optimism as they outlined their China plans at an auto conference in Tokyo. Executives at Volkswagen, Toyota Motor and Honda M ... Continue reading
Relieving Commuter Frustration One Car at a Time
Commuter Connections Launches Media Blitz To Encourage Alternative Commuting WASHINGTON, Oct. 20 -- Commuter Connections, a free service offering alternative commuting options for the metropolitan region, has launched an aggressive mass marketing campaign to promote the use of mass transit, ridesharing, and telecommuti ... Continue reading
Shine Award a Highlight of the 2003 SEMA Show
HUNTINGTON BEACH, Calif., Oct. 20 -- Once again, the question on everyone's mind at the upcoming SEMA show in Las Vegas will be, "Who is going to win the coveted Shine Award?" Bestowed by Mothers(R) Polishes-Waxes- Cleaners, a company known worldwide for its premium-quality car care products, this trophy for automotive ... Continue reading
Timken To Supply Bearings To Chinese Rail Wagon Builder
CANTON, Ohio, Oct. 20 -- The Timken Company announced recently that they will supply Qiqihar Railway Rolling Stock (Group) Co., Ltd., a leading Chinese railway wagon builder, with Timken(R) AP-2(TM) Class K railroad bearings for freight wagons. (Logo: http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO ) Qiqihar Railw ... Continue reading
SmarTire Signs Manufacturing Agreement with Hyundai Autonet (HACO)
Strategic relationship expanded to include manufacturing of SmarTire products OTCBB: SMTR RICHMOND, BC, Oct. 20 -- SmarTire Systems Inc. (OTCBB: SMTR) announced today that it has signed a contract manufacturing services agreement with Hyundai Autonet Company (HACO), a leading Korean automotive electronics supplier and ... Continue reading
New Diesel Emission Control Technology Cuts California Bus Emissions by 90-95%
LOS ANGELES, Oct. 20 -- With the successful test of a new diesel-emission control technology on its buses, the Santa Clara Valley Transit Authority (VTA) may be taking California a step closer to eliminating older diesel bus emissions as a major source of pollution in the state. Soot-spewing buses just moved onto the e ... Continue reading
PARIS, Oct. 20 -- Following today's meeting of the Board of Directors, Valeo presented its consolidated accounts for the third quarter 2003. In millions of euros 9 months 3rd quarter 2003 2002 change 2003 2002 change Sales 6,932 7,425 -6.6% 2,086 2,241 -6.9% Gross margin 1,227 1,275 -- 364 387 -- %sales 17.7% 17.2% +0. ... Continue reading
Friends Co-Stars Sign Up to Help Fight Breast Cancer
New Friends-Signed BMW X3 to Tour Country Raising Funds for The Susan G. Komen Breast Cancer Foundation BURBANK, Calif., Oct. 20 -- Friends co-stars came out to do their part during breast cancer awareness month by signing a new BMW X3 Sport Activity Vehicle that will be raffled off in a national contest to raise money ... Continue reading
U.S. Army Alternative Energy Off-Road Vehicle to be Refueled by an Ovonic(TM) Solid Hydrogen Storage and Refueling System; Eighteen-Month Project Funded by TACOM ROCHESTER HILLS, Mich., Oct. 20 -- Energy Conversion Devices, Inc. (ECD Ovonics) , the pioneer in hydrogen-based energy solutions, today announced that the Co ... Continue reading
2003 ``Top-Ten Must-Have Mobile Electronics'' List
-- Leading Southern California Retailer, Al & Ed's Autosound, Celebrates Southern California Car Culture as It Showcases Latest and Greatest Car Gadgets in Time for the Holidays WHAT: At a corner, on famed Route 66, your readers and viewers will see: -- Ten cars outfitted to the nines! -- with a collection of the lates ... Continue reading
MCLEAN, Va.--Oct. 20, 2003--The N.A.D.A. Official Used Car Guide(R) Company (N.A.D.A.), the Recognized Authority in used vehicle values, and Automotive Lease Guide (ALG), the benchmark for residual values, today announced a collaboration that brings together two leaders in the automotive valuation industry. The N.A.D.A ... Continue reading
Huffman Only Needs to Take Green Flag in Atlanta for Championship
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 /f ... Continue reading
RACING GREAT MICKEY THOMPSON MURDER CASE DRAGS ON AND ON
Today (Tuesday, Oct. 21, 9:00 a.m.) the California 4th District Court of Appeal will hear more arguments regarding the jurisdiction of the trial for the murders of Auto Racing Legend, Mickey Thompson and his wife Trudy. The Thompsons were viciously gunned down in their drive way as they were leaving their Bradbury, Cal ... Continue reading
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