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November 2003

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Saturday, November 22, 2003

BorgWarner DualTronic(TM) Earns 2003 Excellence In Development Award From VW Group

BorgWarner DualTronic(TM) Earns 2003 Excellence In Development Award From VW Group

CHICAGO, Nov. 20 -- VW Group has honored BorgWarner Inc. with its 2003 Excellence in Development Award for BorgWarner's innovative DualTronic(TM) transmission technology, which is a key enabler for the direct-shifting gearbox that was launched recently on the Audi TT and VW Golf R32. The award recognizes exceptional pe ... Continue reading

C.H. Robinson Worldwide Increases Quarterly Cash Dividend

C.H. Robinson Worldwide Increases Quarterly Cash Dividend

MINNEAPOLIS--Nov. 20, 2003--C.H. Robinson Worldwide, Inc. ("C.H. Robinson") announced today that its Board of Directors, on October 21, 2003, declared an increase in its regular quarterly cash dividend from 8 cents ($0.08) per share to 12 cents ($0.12) per share, payable on January 2, 2004 to shareholders of record on ... Continue reading

Chrysler Group Celebrates 20 Years of the Minivan By Donating 15,000 Pounds of Food to Charity

Chrysler Group Celebrates 20 Years of the Minivan By Donating 15,000 Pounds of Food to Charity

* 20 Minivans Transport the food to Lighthouse Emergency Services * DaimlerChrysler Corporation Fund provides turkeys and food for families this Thanksgiving AUBURN HILLS, Mich., Nov. 20 -- Chrysler Group employees presented Lighthouse Emergency Services, a subsidiary of Lighthouse of Oakland County, with an early holi ... Continue reading

Comau S.p.A. Purchases Over $1.3M of Tecnomatix eMPower Solutions in 2003

Comau S.p.A. Purchases Over $1.3M of Tecnomatix eMPower Solutions in 2003

HERZLIA, Israel--Nov. 20, 2003-- Leading Global Automotive Equipment Supplier Expands Its Deployment of MPM to Further Enhance Design Efficiency and Cost Savings Tecnomatix Technologies Ltd. , the driving force in Manufacturing Process Management (MPM), announced today that Comau S.p.A., a leading global supplier of in ... Continue reading

Dana Corporation to Supply Spicer(R) Driveshafts for Hino Trucks

Dana Corporation to Supply Spicer(R) Driveshafts for Hino Trucks

TOLEDO, Ohio, Nov. 20 -- Dana Corporation announced today that it has been selected by Hino Motors, Ltd., to provide Spicer(R) driveshaft assemblies for 2005 model year Hino North American Class 4 through 7 vehicles. Hino's all-new 2005 model year conventional-style trucks will be available at Hino's North American dea ... Continue reading

Davin Wheels Unveils 2004 Collection

Davin Wheels Unveils 2004 Collection

Contact: Nicole Lowe, 160over90, 215.732.3200 x125, nlowe@160over90.com Davin Wheel Company Breaks With Convention in 2004 Introduces First Non-Spinning Product for Performance Wheel Market Las Vegas - Davin Wheels, the originator of the first continuous motion wheel, reaffirmed its position as the leader of the custom ... Continue reading

ECD Ovonics Announces Departure of President And Chief Operating Officer of Ovonic Battery Subsidiary

ECD Ovonics Announces Departure of President And Chief Operating Officer of Ovonic Battery Subsidiary

ROCHESTER HILLS, Mich., Nov. 20 -- Energy Conversion Devices, Inc. (ECD Ovonics) announced today that the president and chief operating officer of Ovonic Battery Company, Inc., Subhash K. Dhar, has departed ECD Ovonics to pursue other interests, and has vacated his position as president and chief operating officer of O ... Continue reading

Fitch Expects to Rate Household Automotive Trust 2003-2 ABS Nts 'F1+/AAA'

Fitch Expects to Rate Household Automotive Trust 2003-2 ABS Nts 'F1+/AAA'

NEW YORK--Nov. 20, 2003--Fitch Ratings expects to rate Household Automotive Trust 2003-2 asset backed notes as follows: -- $159,000,000 Class A-1 1.14% money market notes 'F1+'; -- $205,000,000 Class A-2 1.56% Notes 'AAA'; -- $190,000,000 Class A-3 2.31% Notes 'AAA'; -- $196,000,000 Class A-4 3.02% Notes 'AAA'. The 200 ... Continue reading

Ford Motor Company Capital Trust I To Redeem 9% Trust Originated Preferred Securities

Ford Motor Company Capital Trust I To Redeem 9% Trust Originated Preferred Securities

DEARBORN, Mich., Nov. 20 -- Ford Motor Company today announced that on January 2, 2004, it intends to redeem all of its outstanding 9% Junior Subordinated Debentures due 2025. This redemption will result in the simultaneous mandatory redemption by Ford Motor Company Capital Trust I of its outstanding 9% Trust Originate ... Continue reading

GM's Five World Debuts Highlight LA Auto Show New-Car Premieres

GM's Five World Debuts Highlight LA Auto Show New-Car Premieres

News Conference Schedule Announced LOS ANGELES, Nov. 20 -- Led by five World debuts from General Motors, automakers will be spotlighting a number of entirely new vehicles at the LA Auto Show, Jan. 2-11, 2004. The first major auto show of the year will feature additional production and concept vehicles making their Worl ... Continue reading

Older Doesn't Equal Wiser When It Comes to Knowledge About Auto Insurance

Older Doesn't Equal Wiser When It Comes to Knowledge About Auto Insurance

Progressive survey finds teens and adults both confused about auto insurance basics MAYFIELD VIILLAGE, Ohio, Nov. 20 -- Wine and cheese may improve with age, but knowledge about auto insurance doesn't. In a recent online survey of 1,000 teens and 1,000 adults, the Progressive group of companies (third largest auto insu ... Continue reading

SatCon Successfully Installs 250-Kilowatt Uninterruptible Power Supply to Provide Back Up Power to 80,000 On-Line Students

SatCon Successfully Installs 250-Kilowatt Uninterruptible Power Supply to Provide Back Up Power to 80,000 On-Line Students

CAMBRIDGE, Mass.--Nov. 20, 2003-- UPS System successfully maintains power at the LeCroy Data Center during recent power outage. SatCon Technology Corporation(C) , a developer and manufacturer of electronic power control systems, today announced that it has successfully completed the installation of its 250-kilowatt Rot ... Continue reading

SLS Speakers Selected for High-Profile Event at Leading Concert Venue

SLS Speakers Selected for High-Profile Event at Leading Concert Venue

RLA/2 Line Array System Chosen by Cerritos Center for the Performing Arts SPRINGFIELD, Mo., Nov. 20 -- SLS International Inc. (BULLETIN BOARD: SITI) announced today that its large RLA/2 Line Array system was utilized in a series of three headline events at the Cerritos Center for the Performing Arts in Cerritos, Califo ... Continue reading

Syncata Taps Automotive Retail Veteran to Help Manufacturers Reduce Marketing and Distribution Costs

Syncata Taps Automotive Retail Veteran to Help Manufacturers Reduce Marketing and Distribution Costs

EL SEGUNDO, Calif.--Nov. 20, 2003--Syncata Corporation, a business consulting and systems integration firm servicing the automotive industry, has tapped Bill Ewing, a former Mazda North America, AutoNation USA and American Suzuki Motors executive with more than 15 years of experience to join its automotive practice as ... Continue reading

Taiyo Yuden Releases RF Component Library for Ansoft Designer v1.1

Taiyo Yuden Releases RF Component Library for Ansoft Designer v1.1

PITTSBURGH--Nov. 20, 2003-- Free device models for advanced high-density surface-mount components provide accurate electrical responses and mechanical layout features for manufacturing Ansoft Corporation today announced the release of a new device library for Ansoft Designer(TM) based on Taiyo Yuden(R) high-density min ... Continue reading

Thanksgiving Travel Projected to Rise for Both Auto and Air Travelers

Thanksgiving Travel Projected to Rise for Both Auto and Air Travelers

MINNEAPOLIS, Nov. 20 -- Traditionally, Thanksgiving marks the start of winter holiday travel and this year shows a strong beginning to the season. AAA projects that 36 million Americans will take a trip of 50 miles or more from home this Thanksgiving weekend holiday. This is 2.4 percent higher than the 35.2 million who ... Continue reading

Wescom Selected as Credit Union for Mitsubishi Employees

Wescom Selected as Credit Union for Mitsubishi Employees

PASADENA, Calif.--Nov. 20, 2003--Mitsubishi Motors North America, Inc., (MMNA) has selected Wescom Credit Union as its Cypress-based headquarters employee credit union, announced Wescom President and CEO Darren Williams, today. "It is an honor to be selected as the credit union for the employees of an organization with ... Continue reading

Kolbenschmidt Pierburg Wins SPE Award

Kolbenschmidt Pierburg Wins SPE Award

LIVONIA, Mich., Nov. 20 -- Kolbenschmidt Pierburg has been named a winner of the Society of Plastics Engineers "Most Innovative Use of Plastics" award. The company won top honor in the powertrain category for the development of its continuously variable intake manifold. The award was presented this week at the society' ... Continue reading

BorgWarner Names Mary E. Brevard Vice President, Investor Relations And Communications

BorgWarner Names Mary E. Brevard Vice President, Investor Relations And Communications

CHICAGO, Nov. 21 -- The Board of Directors of BorgWarner Inc. has elected Mary E. Brevard Vice President, Investor Relations and Communications, reporting to BorgWarner Chairman and CEO Tim Manganello. She also becomes an officer of the corporation, and continues as a member of BorgWarner Strategy Board. Ms. Brevard is ... Continue reading

AAA Says Vehicle Breakdowns Could Top 5 Million During Winter Holidays

AAA Says Vehicle Breakdowns Could Top 5 Million During Winter Holidays

ORLANDO, Fla.--Nov. 21, 2003--AAA, the leading provider of automotive services to North American vehicle owners, is projecting nearly 5 million motorists will experience a vehicle breakdown during the holiday travel months of November and December. AAA said its emergency road service forecast for the months of November ... Continue reading

Kawasaki, Infineon Raceway Strike Strategic Partnership

Kawasaki, Infineon Raceway Strike Strategic Partnership

SONOMA, Calif.--Nov. 21, 2003--Kawasaki Motors Corp. and Infineon Raceway have reached a multi-year strategic partnership that will make the powersports industry company the "Official Motorcycle, ATV and Personal Watercraft of Infineon Raceway," according to officials from both companies. The three-year partnership wil ... Continue reading

NHTSA Releases List of 2004 Vehicles to be Rated for Safety

NHTSA Releases List of 2004 Vehicles to be Rated for Safety

The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) today released a list of the model year (MY) 2004 vehicles that will be rated for safety. These ratings will provide consumers important safety information and will assist them in their vehicle purchasing decisions. In 2004 ... Continue reading

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