Ford Puts Augusta Motor Works In The Race
DEARBORN, Mich., April 21 -- Ford Customer Service Division has put Augusta Motor Works on the hood of the #21 Motorcraft(R) Fusion for this weekend's Subway Fresh 500 at Phoenix International Raceway. As part of Ford's national "When It Fits, You Win" Sweepstakes, Don Weiner of Augusta Motor Works, St. Cloud, Minnesot ... Continue reading
Fisher Body Craftsman's Guild Reunion
FISHER BODY CRAFTSMANâS GUILD REUNION JUNE 2004 (First Appeared in COLLECTIBLE AUTOMOBILE 12-04) By Steve Purdy Imagine youâre a teenage boy in the 1950s standing in the hall of a magnificent city hotel wearing the blazer and beret given to you by General Motors Corporation in honor of your selection as a fin ... Continue reading
Flow International to Convert Warrants
KENT, Wash., April 20 -- Flow International Corporation , the world's leading supplier of ultrahigh-pressure waterjet products, today announced its intention to convert all remaining common stock warrants issued in connection with its Private Investment in Public Equity transaction completed March 21, 2005 ("PIPE Trans ... Continue reading
LINWOOD, Pa.--April 20, 2006--Foamex International Inc. (Pink Sheets: FMXIQ) today filed a motion with the U.S. Bankruptcy Court for the District of Delaware, requesting that the Court approve measures to protect the Company's federal tax net operating losses ("NOLs"). Foamex believes the NOLs, estimated at approximate ... Continue reading
COLUMBUS, Ohio--April 20, 2006--Hexion Specialty Chemicals, Inc. ("Hexion" or the "Company") announced today that it has commenced cash tender offers and consent solicitations for any and all of the outstanding (i) $328,000,000 principal amount at maturity of 13 1/2% Senior Subordinated Notes due 2010 (the "13 1/2% Not ... Continue reading
Worldwide Manufacturing USA, Inc. Announces 1:15 Reverse Stock Split
SAN BRUNO, Calif. and SHANGHAI, China, April 20 -- Worldwide Manufacturing USA, Inc. ("Worldwide") (BULLETIN BOARD: WMFG) (www.wwmusa.com), an engineering, direct manufacturer of die casting, stamping, electronics fabrication and air-conditioning units for automobiles, today announced a 1:15 reverse stock split approve ... Continue reading
PLATTEVILLE, Wis.--April 21, 2006--Around 4:30 p.m. Thursday, April 13, nearly 200 people gathered at the University of Wisconsin's Platteville campus to celebrate the opening of Nippon Telegraph and Telephone Corporation's (NTT) new U.S. office, located on the third floor of the university's Pioneer Tower. After an op ... Continue reading
Lancaster Colony to Webcast Third Quarter 2006 Conference Call
COLUMBUS, Ohio, Apr. 21 -- Lancaster Colony Corporation announced today that third quarter 2006 financial results will be released on Friday, April 28, 2006, prior to the opening of the market, and will be followed by a conference call at 10:00 am ET. The conference call will be webcast live via the Internet. To listen ... Continue reading
MAYFIELD VILLAGE, Ohio--April 21, 2006--The Board of Directors of The Progressive Corporation today: -- approved a 4-for-1 stock split of the Company's Common Shares, $1.00 par value, to be effected in the form of a stock dividend. In connection with the transaction, three (3) additional Common Shares will be issued on ... Continue reading
EVANSVILLE, Ind.--April 21, 2006--United Components, Inc. will report financial results for the first quarter of 2006 on Wednesday May 3, 2006. Following the earnings release, the Company will conduct its quarterly conference call for investors and other interested parties on Thursday May 4, 2006 at 11:00 a.m. Eastern ... Continue reading
X-Rite Announces Extension of the Offer Period to Purchase Amazys Shares
GRANDVILLE, Mich.--April 21, 2006--X-Rite, Incorporated announced that it is extending its tender offer to purchase all of the outstanding registered shares of Amazys Holding AG ("Amazys") for the purchase price of approximately $280 million or CHF 77 per Amazys share plus 2.11 shares of X-Rite stock per Amazys share ( ... Continue reading
Be Tire Smart Arizona! Regular Tire Care Can Improve Gas Mileage and Maximize Vehicle Safety
PHOENIX, Ariz., April 21 -- According to a 2006 survey, more than 80 percent of drivers do not properly check their tire pressure. For that reason, the Rubber Manufacturers Association (RMA) will be kicking off the fifth annual National Tire Safety Week this Sunday, April 23 and is encouraging Arizona drivers to be mor ... Continue reading
Kenny Wallace to Drive National Day of Prayer Car Sponsored by Furniture Row in CUP at Talladega
DENVER, April 21 -- NEXTEL CUP Driver Kenny Wallace is scheduled to drive the National Day of Prayer car #78 sponsored by Furniture Row for the NASCAR NEXTEL CUP race at Talladega Superspeedway. The National Day of Prayer tradition predates the founding of the United States of America when the Continental Congress issu ... Continue reading
--On December 1, 2005, a landmark all-terrain vehicle safety bill, SB 189, sponsored by Sen. William R. Purcell, went into effect. This law requires that ATV operators born on or after January 1, 1990 must possess a safety certificate that indicates they have successfully completed an ATV safety course sponsored or app ... Continue reading
Driveitaway Platform to Power Fox Rent A Car Upstream Remarketing
CHICAGO, April 21 -- Driveitaway Inc., the pioneer in upstream remarketing programs for commercial and rental fleet vehicles, announced today Los Angeles-based Fox Rent A Car has initiated a pilot upstream remarketing program using Driveitaway's online platform. The program allows Fox and its 43 affiliate partners to s ... Continue reading
Ducati Motor Holding: Disclosure to the Market of the Main Details of the Three-Year Plan
BOLOGNA, Italy, April 21 -- Ducati Motor Holding S.p.A. , a leading manufacturer of high performance motorcycles, with regard to the last press release issued on April 13th, inform that today at 11.00 a.m. at the Company's premises in Bologna via Cavalieri Ducati 3, the main details of the Company's three-year re-launc ... Continue reading
Record-Setting 1st Quarter for Ian International
HANOVER, Md., April 21 -- Ian International, a Maryland-based industry leader in global shipping and logistics, posted a 37 percent increase in profits over the first quarter of 2005. The growth resulted in the most profitable first quarter of the company's history and immediately followed a record-setting fourth quart ... Continue reading
WHO: Ricardo Software - a unit of Ricardo plc, which is one of the world's foremost independent automotive engineering and management consulting firms. WHAT: 11th Annual International Users Conference - This free event is open to industry professionals and Ricardo software users who are interested in automotive simulat ... Continue reading
DUBLIN, Ireland--April 21, 2006--Research and Markets (http://www.researchandmarkets.com/reports/c35986) has announced the addition of "The Motor Industry Market Review 2006" to their offering. The apparent UK market for motor vehicles and components is estimated to have been worth GBP 59bn in 2005, up from GBP 57.82bn ... Continue reading
Advanced Power Technology Hosts Senator for Silicon Carbide Launch
BEND, Ore.--April 21, 2006--Advanced Power Technology, Inc. , a leading supplier of high performance power semiconductors, has formally launched the construction of its SiC manufacturing fab with an inauguration event featuring a keynote address by U.S. Senator Gordon Smith (R-OR). This event follows the previous annou ... Continue reading
Flexcar and Emeryville IKEA Celebrate Earth Day Together
SAN FRANCISCO--April 21, 2006--You live in the City where parking is a nightmare. You give up your car, and you think you are doing the right thing -- for your neighborhood and for the environment. At the same time, you are saving a lot of money, so, of course, you go shopping! But how do you get that great couch you w ... Continue reading
Brilliance China Automotive Holdings Limited Announces 2005 Year-End Results
HONG KONG, April 21 /Xinhua-PRNewswire-FirstCall/ -- Brilliance China Automotive Holdings Limited (the "Company") announced today its results for the year ended December 31, 2005 in accordance with the generally accepted accounting principles in the United States. Consolidated net sales of the Company and its operating ... Continue reading
Ford Escape Hybrid Electric Vehicle on Track for All-Time Record Sales on Eve of Earth Day
DEARBORN, Mich., April 21 -- Ford Motor Company announced today that the Escape Hybrid is expected to post its highest sales month ever, following increased marketing initiatives, increased tax relief, and increased consumer environmental awareness. In February, Ford introduced a national marketing campaign to increase ... Continue reading
WASHINGTON, April 21 -- The following is being issued by Rubber Manufacturers Association: WHAT: Millions of vehicles on the road have at least one tire that is significantly under inflated. AAA receives more than four million tire-related roadside assistance calls, and worse, nearly 700 fatalities and an additional 33 ... Continue reading
National Road Safety Foundation says program will save thousands of lives yearly NEW YORK, April 21 -- The president of the National Road Safety Foundation today issued a call for Americans to invest a half-cent per gallon of gasoline, to fund a massive nationwide program to educate new drivers and retrain experienced ... Continue reading
GS Spring Open House at San Jose BMW Begins Today
<p>SAN JOSE, CA - April 21, 2006: The Bay Area's only exclusive BMW motorcycle dealer, San Jose BMW, kicks off its GS Spring Open House Week today. Each day, from now until Sunday April 30th, they'll be making GS Tracks a sensational event. <p>Features include: Shop sponsored rides and enduros, GS Product demos, tech s ... Continue reading
Earth Day Success Story - One Billion Dollars, 1.2 Million Miles and 60,000 Gallons of Fuel
DaimlerChrysler Fuel Cell Vehicles Save More Than 60,000 Gallons of Fuel with Zero Emissions Technology SACRAMENTO, Calif., April 21 -- DaimlerChrysler has logged more than 1.2 million miles of zero-emissions fuel cell experience -- no other automobile manufacturer even comes close. This combined mileage is a result of ... Continue reading
All Americans Can Do More to Improve Road Safety
Transportation Secretary Mineta Calls Highway Fatalities National Tragedy, Says All Americans Can Do More to Improve Road Safety U.S. Transportation Secretary Norman Y. Mineta today declared highway traffic deaths a "national tragedy" and called on all Americans to respond by wearing safety belts, using motorcycle helm ... Continue reading
Keynote Systems Study Lauds Edmunds.com's Online Customer Experience
SANTA MONICA, Calif.--April 21, 2006--Edmunds.com (http://www.edmunds.com), the premier online resource for automotive information, today announced that its Web site has been ranked number one in online customer experience in a recent study performed by Keynote Systems, The Internet Performance Authority(R). The intera ... Continue reading
BorgWarner Declares Quarterly Dividend
AUBURN HILLS, Mich., April 21 -- The board of directors of BorgWarner Inc. has declared a quarterly dividend of $0.16 per share on all of the company's issued and outstanding common stock. The dividend is payable May 15, 2006 to stockholders of record on May 1, 2006. Auburn Hills, Michigan-based BorgWarner Inc. is a pr ... Continue reading
NHTSA Study: Distracted Driving Causes 8 of Every 10 Crashes
Washington DC April 21, 2006; The AIADA newsletter reported that a yearlong study released yesterday by the National Highway Traffic Safety Administration and Virginia Tech Transportation Institute shows distractions and sleepiness contribute to eight out of every 10 crashes, reports The Detroit Free Press. The study u ... Continue reading
Chinese President Comes to Washington
Washington DC April 20, 2006; The AIADA newsletter reported that in his visit with President Bush at the White House yesterday, Chinese President Hu Jintao vowed to take other steps in moderating the U.S. trade deficit with China and improve trade ties between the two countries, reports CongressDaily. Hu also said he w ... Continue reading
Suzuki CEO says Tata's cheap-car plan not feasible
TOKYO, April 21, 2006; Reuters reported that the head of Suzuki Motor Corp. said on Friday a plan by Tata Motors Ltd. to launch a $2,000 car in India was not feasible in light of the planned advent of stricter safety and environmental regulations. Japan's Suzuki Motor, through its majority ownership of national brand M ... Continue reading
AAA Texas: Weekend Gas Watch; Gas Prices Surge Across Texas with More Increases Expected
HOUSTON--April 21, 2006--The price of a gallon of gasoline moved sharply higher this week as uncertainties about supplies caused speculators to bid up the prices of crude oil and gasoline futures, according to AAA Texas' Weekend Gas Watch. The average price of regular self-serve in Texas jumped 10.3 cents per gallon to ... Continue reading
Ford Chairman and CEO Bill Ford Comments on First Quarter Results
DEARBORN, Mich., April 21 -- Below are statements by Bill Ford regarding the company's first quarter results. He will make further comments during the 9:00 a.m. EDT conference call with analysts and news media. ON FORD'S FIRST QUARTER PERFORMANCE: "While we are not satisfied with our performance, particularly a loss in ... Continue reading
Ford Motor Credit Earns $479 Million in the First Quarter
DEARBORN, Mich., April 21 -- Ford Motor Credit Company reported net income of $479 million in the first quarter of 2006, down $231 million from earnings of $710 million a year earlier. On a pre-tax basis from continuing operations, Ford Motor Credit earned $751 million in the first quarter, compared with $1.1 billion i ... Continue reading
Ford Reports First Quarter 2006 Financial Results
- Net loss of 64 cents per share, or $1.2 billion. - Earnings from continuing operations of 24 cents per share, or $458 million, excluding special items.* - Worldwide automotive pre-tax loss of $184 million, excluding special items. - Ford Credit pre-tax profit of $751 million, excluding special items. DEARBORN, Mich., ... Continue reading
LA Auto Club: New Record High Gas Prices
LOS ANGELES--April 21, 2006--New record high prices for regular self-serve gasoline were set this week in Los Angeles, Orange County, the Inland Empire and the Central Coast as prices surged, according to the Automobile Club of Southern California's Weekend Gas Watch. The average price of self-serve regular gasoline in ... Continue reading
Lincoln Zephyr Rolls Out Red Carpet For Premiere Of Lionsgate's Akeelah And The Bee
LOS ANGELES - April 20, 2006: The all-new Lincoln Zephyr is teaming with Lionsgate to invite audiences to Reach Higher during todayâs premiere of Akeelah and the Bee, an inspirational story of an 11-year-old girl from South Los Angeles and her quest for a spot at the Scripps National Spelling Bee opening Nationwid ... Continue reading
PSA Peugeot Citroën Announces Intention to Cease Production at Ryton UK Plant in 2007
<p>Paris â April 21, 2006: Jean Martin Folz, Chief Executive Officer of PSA Peugeot Citroën, announced to staff and Trade Unions that it is the Groupâs intention to cease in 2007 activity at its Ryton manufacturing facility near Coventry in Great Britain. </p> <p>The proposal follows a detailed study durin ... Continue reading
Mazda Delivers Two Rotary Hydrogen Vehicles to Hiroshima City
HIROSHIMA, Japan - April 21, 2006: The government authorities of the City of Hiroshima and Hiroshima Prefecture, situated in western Japan, have each had one dual-fueled RX-8 Hydrogen RE vehicle delivered from Mazda Motor Corporation. Leases for the rotary engine RX-8 Hydrogen RE cars commenced at a ceremony held today ... Continue reading
FORD RACING NOTES AND QUOTES Subway Fresh 500 Advance
FORD RACING NOTES AND QUOTES Subway Fresh 500 Advance, p. 1 Thursday, April 20, 2006 Phoenix International Raceway Greg Biffle, driver of the No. 16 National Guard Fusion, has led six of the first seven events this season â including a race-high 168 laps at California and a race-high 128 laps at Atlanta, but does ... Continue reading
Breakthrough Research on Real-World Driver Behavior, Distraction and Crash Factors Driver inattention is the leading factor in most crashes and near-crashes, according to a landmark research report released today by the National Highway Traffic Safety Administration (NHTSA) and the Virginia Tech Transportation Institut ... Continue reading
GM Latin America, Africa, Middle East Continues To Break Records
Highest Q1 LAAM sales ever as sales increase 26 percent Eight countries set new Q1 sales records, including four all- time quarterly records Chevrolet sells almost 200,000 vehicles and sets new Q1 sales record Miramar , FL â General Motors Latin America, Africa and Middle East (GM-LAAM) continued to set records th ... Continue reading
Toyota Environmental Update - Toyota vehicles earn highest tally in "Best of 2006"
Saqn francisco CA April 19, 2006; For the sixth consecutive year, Toyota cars, trucks, and SUVs appear in more vehicle categories than any other brand in "The Best of " list published by the American Council for an Energy-Efficient Economy (ACEEE). In "The Best of 2006," Toyota vehicles are included in ten of fourteen ... Continue reading
Japanese Car Makers Expected to Maintain Record Profit Results for 2006
TOKYO April 20, 2006; Chang-Ran Kim writing for Reuters reported that after a turbo-charged year of bumper sales, a soft yen and hefty cost cuts, Japan's biggest auto makers are set to extend their run of record profits in 2006/07 fueled by even more key product launches. With the exception of product-deprived Nissan M ... Continue reading
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