General Motors Recalling More Than 700,000 Minivans Because of Defective Power Sliding Doors
WASHINGTON December 23, 2004; The AP reported that General Motors Corp. is recalling 717,302 minivans because passengers could injure their wrists or arms on the power sliding door, the automaker and federal government said Thursday. The vehicles affected are 1997-2005 model Chevrolet Venture, 1997-1999 Pontiac Transpo ... Continue reading
Car Review: 2005 Ford 500 Sedan
THE AUTO PAGE By JOHN HEILIG SPECIFICATIONS MODEL: Ford Five Hundred SEL ENGINE: 3.0-liter V6 HORSEPOWER/TORQUE: 203 hp @ 5,750 rpm/207 lb.-ft. @ 4,500 rpm TRANSMISSION: ZF-Batavia Continuously Variable WHEELBASE: 112.9 in. LENGTH x WIDTH x HEIGHT: 200.7 x 74.5 x 61.5 in. TIRES: 215/60R17 ECONOMY: 19.0 mpg test PRICE: ... Continue reading
Car Review: 2005 Chevrolet Corvette Coupe
THE AUTO PAGE By JOHN HEILIG SPECIFICATIONS MODEL: Chevrolet Corvette coupe ENGINE: 6.0-liter V8 HORSEPOWER/TORQUE: 400 hp @ 6,000 rpm/400 lb.-ft. @ 4,400 rpm TRANSMISSION: 4-speed automatic WHEELBASE: 106.0 in. LENGTH x WIDTH x HEIGHT: 175.0 x 73.0 x 49.0 in. TIRES: P245/40ZR18 (F), P285/35ZR19 (R) ECONOMY: 18 mpg cit ... Continue reading
AAA Chicago Reports Christmas-New Year's Travel to Set a New Record
AURORA, Ill., Dec. 23 -- Consumers' faith in the economy and their confidence in American security are expected to drive what AAA projects will be a record year for travel during the Christmas-New Year's holidays. Some 62.7 million Americans say they will take a trip 50 miles or more from home for either Christmas and/ ... Continue reading
2005 NAIAS: MERCEDES-BENZ TO DEBUT FOUR NEW VEHICLES AT DETROIT SHOW
M-Class World Premiere Leads Vision R, Vision B and CLS55 AMG Debuts DETROIT – With the world premiere of their next-generation M-Class sport utility and the North American debuts of three more significant vehicles, the new-product cup is running over at the Mercedes-Benz exhibit during the Detroit Auto Show. Bey ... Continue reading
CNN Picks ZAP Among Top 'Green' Gifts
SANTA ROSA, Calif., Dec. 23 -- CNN last week reported that 'Green' gifts were a holiday favorite for 2004 and named transportation pioneer ZAP (BULLETIN BOARD: ZAPZ) in an online buyer's guide alongside such well-known companies as Honda, Toyota, Ford and Lexus. CNN's December 17 article talks about the popular 2005 mo ... Continue reading
AORC Elects Lane Chairman of Board
WASHINGTON, D.C., Dec. 23 -- The Automotive Occupant Restraints Council (AORC) has elected Wendell C. Lane, Jr. as chairman of its board of directors. Mr. Lane is Group President, Seat Belts and Steering Wheels, North America, for Key Safety Systems, Inc. He is responsible for the sales, marketing, engineering, and ope ... Continue reading
DaimlerChrysler Services Donates $100,000 to CARE to help families in need worldwide
DaimlerChrysler Services North America Emphasizes Commitment to Corporate Citizenship and Charitable Giving with CARE Logo Incorporated into 2004 Holiday Card FARMINGTON HILLS, Mich., Dec. 23 -- DaimlerChrysler Services North America, the finance arm of DaimlerChrysler AG, made a charitable donation of $100,000 this mo ... Continue reading
Dana Corporation Completes Tender Offer
TOLEDO, Ohio, Dec. 23 -- Dana Corporation ("Dana") announced the expiration of the tender offer for its 10-1/8% Notes due 2010 (the "10-1/8% Notes"), 9% EUR Notes due 2011 (the "9% EUR Notes") and 9% USD Notes due 2011 (the "9% USD Notes") (collectively, the "Notes"). (Logo: http://www.newscom.com/cgi-bin/prnh/19990903 ... Continue reading
Delphi Medical Will Manufacture Vision-Testing Equipment
TROY, Mich., Dec. 23 -- Delphi Medical Systems, a subsidiary of Delphi Corp. was awarded a $35 million contract to manufacture vision-testing devices for Ophthonix, Inc., an ophthalmic company. (Logo: http://www.newscom.com/cgi-bin/prnh/20020315/DEF002LOGO ) Delphi Medical Systems will manufacture the Ophthonix Z-View( ... Continue reading
Hayes Lemmerz Brazil Receives Supplier Award from Agrale
NORTHVILLE, Mich., Dec. 23 -- Hayes Lemmerz International, Inc. announced today that its steel wheel manufacturing operation in Guarulhos, Brazil has received the 2003/2004 supplier award from Agrale, the Brazil-based truck, chassis, tractor, motorcycle and engine manufacturer. The award recognized Hayes Lemmerz as "Th ... Continue reading
Hickok Incorporated Declares Dividend
CLEVELAND, Dec. 23 -- Hickok Incorporated today announced that its board of directors approved, at its December 8, 2004 meeting, and today the Company declared a special cash dividend of $0.10 per Class A and Class B common shares, payable January 24, 2005, to stockholders of record as of January 3, 2005. This payment ... Continue reading
J. B. Hunt Transport Services, Inc. Announces Director Retirements
LOWELL, Ark.--Dec. 23, 2004--J. B. Hunt, 77, who founded J.B. Hunt Transport Services, Inc. in 1961 in a true American pioneering effort by personally raising the funds through sale of stock to several Arkansas investors and served as President, Chairman or Senior Chairman through four decades of phenomenal growth, ann ... Continue reading
RICHARDSON, Texas--Dec. 23, 2004--Remote Dynamics, Inc. , a leading provider of telematics-based management solutions for commercial fleets, today announced that Encore Software, Inc. of Fort Worth, Texas has joined its newly established strategic REDI partner program to support the imminent release of REDIview(TM), th ... Continue reading
NEW YORK and NOVI, Mich.--Dec. 23, 2004--The Cypress Group, the New York-based private equity firm, and Goldman Sachs Capital Partners announced today that they have completed their previously announced acquisition of Cooper-Standard Automotive from Cooper Tire & Rubber Co. . The transaction was valued at $1.165 billio ... Continue reading
MONTREAL--Dec. 23, 2004--The United States Patent office has issued AutoVu Technologies Patent RE38,626 for a variety of applications based on the use of License Plate Reading (LPR) technology to monitor, locate or identify vehicles for parking and law enforcement purposes. AutoVu is the first company to develop and de ... Continue reading
Jeep(R) Brand Asks Americans to Nominate Their Hero
Jeep Brand to Recognize and Reward Heroes with Opportunity to Receive New Jeep Grand Cherokee AUBURN HILLS, Mich., Dec. 23 -- During the season when individuals are taking the time to remember those that mean the most to them, the Jeep(R) brand is launching an initiative to recognize everyday heroes. The "Jeep Heroes N ... Continue reading
2004 Toyota Environmental Report Shows 'Continuous Improvement'
NEW YORK, Dec. 23 -- Toyota's newly published 2004 North American Environmental Report, available today, describes the company's continued improvements in its environmental performance in the 2004 Fiscal Year. Building on the success of the second-generation gasoline-electric Prius, Toyota made progress managing enviro ... Continue reading
Cooper Tire & Rubber Company Completes Sale of Automotive Unit
FINDLAY, Ohio, Dec. 23 -- Cooper Tire & Rubber Company announced today that it has completed the sale of its automotive business, Cooper-Standard Automotive, to an entity formed by The Cypress Group and Goldman Sachs Capital Partners for approximately $1.165 billion in cash, subject to certain post-closing adjustments. ... Continue reading
Citation Promotes Jeff Paxton to V.P. Product Engineering & Development
BIRMINGHAM, Ala., Dec. 22 -- Citation Corporation ("Citation") announced today that it has promoted Jeffrey N. Paxton to the position of Vice President, Product Engineering & Development. Paxton holds a Master's Degree in Engineering Science from Rensselaer Polytechnic Institute in New York and has worked for Citation ... Continue reading
Smithers Confirms Tire Rolling Resistance Testing Contract
AKRON, Ohio--Dec. 22, 2004--Smithers Scientific Services Inc., a leading testing, research and consulting firm, has confirmed that it has been awarded a $400,000 contract from the California Energy Commission to conduct a study of tire characteristics as they relate to rolling resistance. The study, funded by the Energ ... Continue reading
Hennessey Capital Solutions to Help Auto Suppliers Caught in a Cash Crunch
GE Commercial Finance Will Fund HCS Pay System to Accelerate Receivable Payments HUNTINGTON WOODS, Mich., Dec. 22 -- Hennessey Capital Solutions (HCS) and GE Commercial Finance have inked a deal that could make available hundreds of millions of dollars of short-term credit to automotive suppliers. Automotive suppliers ... Continue reading
COLONIAL HEIGHTS, Virginia--22. Dezember 2004-- Sun Capital Partners Inc. hat heute bekannt gegeben, dass eine ihrer Tochterunternehmen die Übernahme des Hochleistungs-Glasfaser-Geschäfts von Honeywell International Inc. abgeschlossen hat. ... Continue reading
WEEKLY FORD NORTH AMERICAN PRODUCTION REPORT - WEEK ENDING DECEMBER 19, 2004
DEARBORN, Mich., Dec. 22 - Ford Motor Company's North American vehicle production for the week ending December 19 is summarized below: Car Truck Total United States 18,463 51,572 70,035 Canada 4,329 2,376 6,705 Mexico 1,608 801 2,409 Total 24,400 54,749 79,149 The following U.S. and Canadian assembly plants are working ... Continue reading
Richie Hearn Podiums In First Endurance Event
Richie Hearn Podiums In First Endurance Event LAS VEGAS, Nev., December 23, 2004 - Richie Hearn is an experienced and successful race driver. He has dominated karting in California, won the 1995 Toyota Atlantics' championship and the 1996 Las Vegas 500 IndyCar Series race. But, this four-time Indianapolis 500 starter m ... Continue reading
Toyota devises safer auto body via crash tests at highest speeds
NAGOYA December 23, 2004; Japan Today reported that Toyota Motor Corp said Wednesday it has developed an automobile body with higher safety through all-directional collision tests conducted at the highest-ever speeds in the world. The collision tests were conducted at 55 kilometers per hour, 5 km faster than before, re ... Continue reading
Mazda's fire-damaged RX8 plant to resume operations Jan 6
HIROSHIMA December 23, 2004; Japan Today reported that Mazda Motor Corp said Wednesday it will restart operations on Jan 6 at its Hiroshima factory, where a fire broke out last week, crippling a paint-coating facility. The automaker said it will have the Ujina No. 1 factory start making the Demio compact car. The facto ... Continue reading
Kettering University's AIM Program Wins State Award
FLINT, Mich.--Dec. 22, 2004--The Academically Interested Minorities (AIM) program at Kettering University in Flint received the 2004 "Outstanding Program" award from the Michigan Association of College Registrars and Admissions Officers (MACRAO). The program was recognized for its dedication to the development and care ... Continue reading
Gala event includes the first ever HEART STRING AWARD for the most emotionally compelling car commercial of 2004 DETROIT, Dec. 22 -- ROAD & TRAVEL Magazine (RTM) will present its second annual Lifetime Achievement Award to veteran automotive journalist and native Detroiter, Jerry Flint of Forbes Magazine on January 8, ... Continue reading
Plymouth Rubber Company, Inc. to Form Joint Venture in China
CANTON, Mass., Dec. 22 -- Plymouth Rubber Company, Inc. (AMEX:PLR.A) (AMEX:PLR.B) today announced that it has reached agreement with Hebei Huaxia Group on the formation of a Joint Venture company to manufacture PVC (vinyl) adhesive tapes in China. The deal is expected to close within 30 days. Hebei Huaxia will provide ... Continue reading
J.D. Power and Associates Ranks Erie Insurance Highest in Collision Repair Satisfaction
ERIE, Pa., Dec. 22 -- Erie Insurance Group earned the highest ranking in the J.D. Power and Associates Collision Repair Satisfaction Study of consumers who file an auto insurance claim. (Logo: http://www.newscom.com/cgi-bin/prnh/20041112/ERIELOGO ) The 2004 Collision Repair Satisfaction Study is based on responses from ... Continue reading
Edelbrock Corporation Announces Stockholder Approval of Merger for Going-Private Transaction
TORRANCE, Calif.--Dec. 22, 2004--Edelbrock Corporation and O. Victor Edelbrock, Jr., Edelbrock Corporation's Chairman, President and Chief Executive Officer, announced that at a special meeting held earlier today, Edelbrock's stockholders approved the proposed merger of the company with a subsidiary of a corporation co ... Continue reading
Ward's Reports Estimated North American Vehicle Production - December 23, 2004
SOUTHFIELD, Mich., Dec. 22 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 263,862 units, down 25.7 percent from the 355,179 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now to ... Continue reading
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