American Axle & Manufacturing Announces New Metal-Formed Products Contracts
DETROIT, Jan. 24 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today announced that it has been awarded new metal-formed products business worth annualized revenue of more than $63 million. This new business is part of the $1 billion in future annual sales announced by AAM o ... Continue reading
AmeriCredit Realigns Executive Leadership Team Responsibilities
FORT WORTH, Texas--Jan. 24, 2005--AmeriCredit Corp. has announced it is realigning the responsibilities of the Company's executive leadership team, effective immediately. Under the new organizational structure, Chairman & CEO Clifton Morris and President Dan Berce will retain their current duties and titles. The other ... Continue reading
MEDFORD, Ore.--Jan. 24, 2005--Lithia Motors, Inc. today announced that its fourth quarter and year-end 2004 earnings will be released on Friday, February 18th at 5 a.m., Pacific time. Conference Call Information A conference call to discuss the results is scheduled for the same day at 8 a.m. PT, 9 a.m. MT, 10 a.m. CT a ... Continue reading
SAN DIEGO, Jan. 24 -- Motorola, Inc. and Networkcar(R), a Reynolds and Reynolds company , will demonstrate how Networkfleet(TM) can provide utility fleet managers with remote diagnostic and vehicle location information so they can reduce operating costs and more efficiently manage their assets. Motorola will showcase N ... Continue reading
PennDOT: Federal Law Changes Licensing Process for Drivers Transporting Hazardous Materials
Federal Fees, Background Checks, Fingerprinting Soon Required to Obtain or Maintain a HAZMAT Endorsement HARRISBURG, Pa., Jan. 24 -- Pennsylvania State Transportation Secretary Allen D. Biehler, P.E., today announced that provisions of the USA PATRIOT Act require PennDOT to make sweeping changes to its process for lice ... Continue reading
Syntel to Announce Fourth Quarter/Full Year 2004 Results on February 23, 2005
TROY, Mich.--Jan. 24, 2005--Syntel, Inc. , a global Applications Outsourcing company, will announce results for the fourth quarter and the full year 2004, before the market opens on Wednesday February 23, 2005. Syntel management will conduct a conference call at 10:00 a.m. (EST) to discuss operating performance for the ... Continue reading
Wabash National Corporation Announces Earnings Release Date
LAFAYETTE, Ind.--Jan. 24, 2005--Wabash National Corporation today announced it will conduct a conference call to review and discuss its year end financial results on Thursday, February 10, 2005, at 10:00 AM Eastern time. Wabash National is scheduled to release its results on Wednesday, February 9, 2005, after the close ... Continue reading
New Jersey Show Features Virtually Emission-Free Autos
99% Cleaner Vehicles Now Available to Consumers in Showrooms SECAUCUS, N.J., Jan. 24 -- Major automakers this week announced a landmark achievement that will help clean the air and protect the environment, as they introduced at the New Jersey Auto Show a new generation of vehicles that are 99 percent cleaner than vehic ... Continue reading
Hybrid Bus Transit Now Available In Indianapolis
GM Delivers Hybrid Power For Buses Added To IndyGo Transit Fleet INDIANAPOLIS January 24, 2005; IndyGo demonstrated its on-going commitment to clean air and new transportation technology today by announcing the addition of two new hybrid transit buses powered by three Indiana based companies - GM Allison Transmission, ... Continue reading
New Car Review: 2005 Ford Expedition
2005 Ford Expedition rises to the challenge By: Walter Hager There’s no middle ground, either you love them or you hate them. Yes I’m talking about SUV’s. I’ll wait a few seconds while some of you gag and cringe…OK, that’s enough. Truth is, even though overall SUV sales have been fal ... Continue reading
Walter Hager Joins The Auto Channel Editorial Staff
By Bob Gordon; As President and Co-publisher of The Auto Channel it is my goal to provide you with as many varied opinions about Test Drives of cars you are considering to purchase. Today’s automobiles are for the most part reliable, comfortable and look pretty good, there is very little “black or whiteR ... Continue reading
Romanian Machining Production & Export
INOTECH Consult - Bucharest To: submit@theautochannel.com Attn: Marketing Department Ref.: Romanian Machining Production & Export ----------------------------------------------------------------------- - Our privacy company policy: To exclude your E-mail address from the present contact lists just do not reply to this ... Continue reading
AVL Global Initiates Global Financial Media Coverage
FORT GRATIOT, Mich.--Jan. 24, 2005--AVL Global, Inc. (OTC:AVLL) announced today that it has begun a comprehensive media campaign to increase its worldwide brand awareness to the individual investors as well as the global community of financial professionals. With only relatively small existing shareholder base, the Com ... Continue reading
PLANO, Texas, Jan. 24 -- Energy & Engine Technology Corporation (BULLETIN BOARD: EENT) (EENT) announced today that it has signed up manufacturer's representatives covering 17 states in the Northeastern, Northwestern and Midwestern regions of the U.S. The Company is looking forward to having engaged representatives cove ... Continue reading
iBiquity Digital and Philips Extend Development Agreement for HD Radio Baseband Chips
COLUMBIA, Md., Jan. 24 -- iBiquity Digital Corporation, the sole developer of digital HD Radio(TM) technology, announced today that it has signed a new agreement with Royal Philips Electronics' semiconductors division. As part of the agreement, the companies will pursue development of next-generation Philips HD Radio b ... Continue reading
Intelligent Motor Cars Group Announces New Symbol
FORT LAUDERDALE, Fla.--Jan. 24, 2005--Intelligent Motor Cars Group Inc. (Formerly OTCBB:IMCG), is now trading under its new symbol (OTCBB:IMTR) post 7-for-1 stock split. As a result of the stock split shareholders of record, close of trading Jan. 21, 2005, will see seven additional shares for each share held as of the ... Continue reading
U-Haul(R) Opens New Storage Facility in Coon Rapids, Minnesota
COON RAPIDS, Minn., Jan. 24 -- U-Haul International, Inc., (UHAL) today announced the opening of a 52,887 square-foot moving and storage facility located at 3401 Coon Rapids Blvd., Coon Rapids, Minn. This state-of- the-art multilevel self-storage facility features 24-hour video surveillance, individually alarmed rooms, ... Continue reading
RouteOne Enters 2005 With 14,000 Dealers Enrolled On System
FARMINGTON HILLS, Mich., Jan. 24 -- RouteOne LLC announced today that 14,000 dealers are now enrolled with the joint venture. Formed in 2002 by DaimlerChrysler Services, Ford Motor Credit Company, General Motors Acceptance Corporation, and Toyota Financial Services, RouteOne is a free, web-based credit application mana ... Continue reading
Lear Announces Executive Appointments In Its Asian OEM Group
SOUTHFIELD, Mich., Jan. 24 -- Lear Corporation today announced the following organizational changes, effective immediately: Gideon Jewel has been named president of the Japanese Customer Focused Division, reporting to Doug DelGrosso, President and Chief Operating Officer - Americas, and Don Stebbins, President and Chie ... Continue reading
More Than One in Four Auto Accidents Result in Injury Claims, IRC Study Finds
Injury Claims Are Common Despite Lower Auto Accident Rates and Fewer Serious Injuries MALVERN, Pa., Jan. 24 -- More than one in four auto accidents resulted in bodily injury liability (BI) claims in 2003, according to a recent study by the Insurance Research Council (IRC). The study, Trends in Auto Injury Claims, 2004 ... Continue reading
2006 Harley-Davidson Street Rod Initiates the Roadster Revolution
Newest VRSC Model Combines Muscular Style and Aggressive Performance MILWAUKEE, Jan. 24 -- In the court of public opinion, the all-new 2006 VRSCR Street Rod might appear guilty of using steroids. But the newest member of the liquid-cooled family of Harley-Davidson motorcycles gets its reputation honestly by combining a ... Continue reading
MILWAUKEE, Jan. 24 -- Harley-Davidson expands its model offerings with an all-new 2006 VRSCR Street Rod, a big bore 15th Anniversary Edition 2005 Fat Boy and dirt track-inspired 2005 Sportster 883R. "Custom motorcycles are our passion," said Bill Davidson, Harley-Davidson director of marketing, motorcycle product devel ... Continue reading
Magazine Company Expands 'Tuner Bash AfterDark'
ANAHEIM, Calif.--Jan. 24, 2005--PRIMEDIA, Inc. the country's leading targeted media company, today announced the expansion of its popular Tuner Bash Spring Break automotive lifestyle events to include three new large-scale nighttime events aimed at the burgeoning Generation Y demographic. The ultimate tuner event, Tune ... Continue reading
PORTLAND, Ore.--Jan. 24, 2005-- New Web Service from Chrome gives businesses instant access to market-reflective valuations Chrome Systems Corporation, provider of automotive data, configuration and comparison technology and commerce solutions, today announced a new Web service that enables application developers to re ... Continue reading
Tim Watson Appointed New Communications Chief for Aston Martin Jaguar Land Rover North America
IRVINE, Calif., Jan. 24 -- Tim Watson has been appointed Vice President of Communications and Public Affairs for Aston Martin Jaguar Land Rover North America. Watson will lead the three separate PR teams, covering brand, product, corporate and internal communications. He will be responsible for implementing the communi ... Continue reading
E-LOAN Signs Agreement With eBay Motors
eBay Motors Turns to E-LOAN to Provide Consumers With Faster, Easier Way to Finance Purchases PLEASANTON, Calif., Jan. 24 -- E-LOAN(R) , an online consumer direct lender, today announced that it will work with eBay to provide its consumers with financing for automobiles and motorcycles purchased on eBay Motors. eBay Mo ... Continue reading
STAMFORD, Conn., Jan. 24 -- Keep America Beautiful, Inc., America's leading community improvement organization, has been awarded $100,000 from the Toyota USA Foundation to launch the Clean Sweep U.S.A. Environmental Education Program. This program will support Keep America Beautiful's new Clean Sweep U.S.A. science edu ... Continue reading
TAMPA, Fla. & HALIFAX, Nova Scotia--Jan. 24, 2005--Auto Centrix, Inc. (Pink Sheets: ATCX.PK) announced today that it has signed an Agreement with Schulz Asset Management of Calgary, Alberta. Schulz Asset Management is an information technology consulting group that specifically services the wholesale vehicle and heavy ... Continue reading
Bernard Mould Turns to Kubotek KeyCreator to Manufacture Art Sculptures for CarTunes on Parade
KeyCreator Provides Flexibility Required for the Design and Manufacturing of Customized Art Pieces for International Public Art Exhibition DETROIT, Jan. 24 -- Kubotek USA today announced its widely used design and manufacturing software, KeyCreator (formerly CADKEY), has been used by Bernard Mould, of Windsor, Ontario, ... Continue reading
Co-operative Insurance Society (CIS) Provides Vital Support to Road Crash Victims
MANCHESTER, England, January 24 -- As part of its 'responsible driving campaign' leading motor insurer Co-operative Insurance Society (CIS) is pleased to announce that it will be supporting RoadPeace the national charity for road traffic victims. In 2003 over 3,500 people were killed on UK roads with over 22% of those ... Continue reading
Daka Dives into New Market for Recreational SEASCOOTER with SolidWorks and COSMOSWorks Software
CONCORD, Mass.--Jan. 24, 2005-- Global design firm cuts development time and costs in half with SolidWorks 3D modeling and COSMOS design validation software Daka Designs Ltd. (Daka or the group) is using SolidWorks(R) and COSMOS(R) software to develop new dive propulsion vehicles (DPVs) - similar to those used in James ... Continue reading
BASKING RIDGE, N.J.--Jan. 24, 2005--Stronghold Technologies, Inc. (OTC Bulletin Board: SGHT), the developer of DealerAdvance(TM), an enterprise software system using wireless and Internet technologies for the automotive retail industry, today announced that it had entered into a distribution agreement with Dealer Produ ... Continue reading
Eaton Increases Dividend 15 Percent to $.31 Per Share
CLEVELAND--Jan. 24, 2005--As announced in today's fourth quarter 2004 earnings news release, the Board of Directors of diversified industrial manufacturer Eaton Corporation has declared a first quarter dividend of $.31 per share, representing a 15 percent increase over the previous quarterly dividend of $.27 per share. ... Continue reading
Ford Motor Company - January 2005 U.S. Sales Conference Call
You are invited to participate in Ford Motor Company's January 2005 U.S. sales conference call hosted by George Pipas, U.S. Sales Analysis Manager. The conference call will begin at 1:00 p.m. (EST) on Tuesday, February 1, 2005 and last 45 minutes. To access the call, please dial 800-299-0433 about 10 minutes prior to t ... Continue reading
Ford Selects Sprint to Replace Desk Phones with Mobile Devices and Mobilize Workforce
'Walkie talkie'-style Sprint PCS Ready Link(SM) service to enable greater mobility, flexibility for more than 8,000 employees OVERLAND PARK, Kan., Jan. 24 -- Acting on its history of mobility innovation, Ford Motor Company today took steps to greatly increase the flexibility, mobility and productivity for key elements ... Continue reading
GAITHERSBURG, Md.--Jan. 24, 2005--GXS Corporation, a leading provider of B2B e-commerce solutions, announced today that it has signed a letter agreement to acquire the parent company of G International from Francisco Partners. The acquisition is subject to certain conditions and is expected to close in the second quart ... Continue reading
Media International Concepts, Inc. to Produce Infomercial for The Amtech Corporation
LOS ANGELES, Jan. 24 -- Media International Concepts, Inc. (Pink Sheets: MEIC) announced today that their wholly owned subsidiary, Opportunity Productions (www.opportunityproductions.com), has signed a contract to produce a 30 minute infomercial with The Amtech Corporation to promote their well know RG Stabilizer Perfo ... Continue reading
NMDA Signs Agreement With GEICO
SCOTTSDALE, Ariz.--Jan. 24, 2005--MBA Holdings Inc. (OTCBB:MBAH) through its subsidiary, National Motorcycle Dealers Association, LLC (NMDA), has finalized an agreement with GEICO (Government Employees Insurance Company), a subsidiary of Berkshire Hathaway Inc., to promote GEICO motorcycle liability and collision insur ... Continue reading
TechAutoCareers Immediate News Release
TechAutoCareers News Release TAC / TechAutoCareers / TAC's AutoSalesBlog / TACpubUSA® It is with great pleasure that we launch TAC's AutoSalesBlog, of the TechAutoCareers® website. It is our goal to always be improving our products and services and offering our loyal supporters the best user experience possible Over ... Continue reading
SANTA FE, N.M., Jan. 24 -- Earth's Birthday Project, a non- profit education support organization with headquarters in Santa Fe, has been named the recipient of a $255,000 grant from the Toyota USA Foundation to launch a new national environmental science initiative for 7th - 9th grade students. The award will underwri ... Continue reading
USC School of Pharmacy Receives Toyota USA Foundation Grant to Expand Successful STAR Program
LOS ANGELES, Jan. 24 -- The University of Southern California School of Pharmacy has been named the recipient of a $145,836 grant from the Toyota USA Foundation. The award will allow for expansion of a successful science discovery outreach program to elementary grade students at Murchison Elementary School in East Los ... Continue reading
SEATTLE--Jan. 24, 2005--WRQ (HQ: Seattle, Wash., U.S.A; president and CEO Shaun Wolfe) today announced that Nissan Motor (HQ: Ginza, Chuo-ku, Tokyo; president Carlos Ghosn), one of the world's largest auto manufacturers and a longtime WRQ customer, has continuously selected WRQ Reflection(R) software to extend and enha ... Continue reading
Eaton Reports Fourth Quarter Net Income and Announces $250 Million Share Buyback
CLEVELAND--Jan. 24, 2005--Diversified industrial manufacturer Eaton Corporation today announced net income per share of $1.16 for the fourth quarter of 2004, an increase of 61 percent over net income per share of $.72 in the fourth quarter of 2003. Sales in the quarter were $2.63 billion, 26 percent above the same peri ... Continue reading
Toyota USA Foundation Announces $650,000 in New Math and Science Awards
NEW YORK, Jan. 24 -- Toyota USA Foundation Board of Directors today announced grants totaling $650,836 to fund four math and science education initiatives for K-12 grade students across the country. Award recipients include the University of Michigan College of Engineering, Ann Arbor, MI; the University of Southern Cal ... Continue reading
ACTON, Mass.--Jan. 24, 2005-- Signs Multi-year distribution deal with Russian TV Network WheelsTV, the first U.S. television network devoted to the world's passion for cars, trucks and motorcycles, today inked a multi-year output deal with GTV Enterprise, LLC. With it, WheelsTV's signature programs will air in the form ... Continue reading
New York Auto Show Proudly Announces Ferrari Maserati Charity Preview Sponsor
NEW YORK, Jan. 24 -- North America's first and largest-attended auto show proudly announces Gruppo Ferrari Maserati as key sponsor of the New York International Auto Show's annual Gala Preview to benefit the East Side House Settlement. The event, which takes place at the Jacob Javits Convention Center on March 23, prom ... Continue reading
IRVINE, Calif., Jan. 24 -- Quantum Fuel Systems Technologies Worldwide, Inc. announced today that it has been awarded a contract by General Motors Corporation to develop and produce natural gas fuel systems for GM's Model Year 2006 full-size pick-up trucks. Quantum will provide the engineering effort to accommodate the ... Continue reading
Gary Frigo Appointed as Vice President - Sales Operations for Nissan Europe
TRAPPES, France, January 24 -- Gary Frigo has been appointed by Nissan Europe, as its new Vice President for Sales Operations, replacing Brian Carolin who recently moved into the role of Senior Vice President, Sales and Marketing for Nissan Europe. In this role, Frigo will oversee Nissan's sales operations in over 30 c ... Continue reading
NEW YORK--Jan. 24, 2005--FORTUNE announced today that Fujio Cho, CEO of Toyota, is the Asia Businessman of the Year. Cho leads a company whose model lineup features some of the U.S. market's most popular vehicles. Smart products and a sterling reputation for quality have lifted Toyota's share of the U.S. market to 12%, ... Continue reading
Fiat Says Mediation With General Motors Will End Feb. 1
ROME January 24, 2005; The AP reported that Fiat SpA said Monday that its period of mediation with General Motors Corp. will end Feb. 1, and that the Italian company will have the option to compel GM to buy its troubled auto division from the following day. Fiat's announcement came on the day mediation over its "put op ... Continue reading
AutoVIBES Study Announces 2004 Automotive 'Best Buzz' List
Vehicle Buyers Buzz about Domestics in 2004 IRVINE, Calif., Jan. 24 -- According to AutoVIBES, a monthly study from online automotive research leaders Harris Interactive(R) and Kelley Blue Book Marketing Research which tracks the launch of new nameplates, domestic vehicle manufacturers were successful in creating 'buzz ... Continue reading
GM Statement on Fiat Mediation Process
DETROIT, January 24 -- General Motors Corp. today said that the mediation process between GM and Fiat, initiated by GM on December 16, 2004, will conclude February 1, 2005. The mediation relates to our assertion that Fiat has committed material breaches of the Master Agreement between the companies. Contacts: Toni Simo ... Continue reading
General Motors to launch new made-in-China Chevrolets in February
SHANGHAI January 24, 2005; The AP reported that boosting its lineup in an increasingly competitive market, General Motors Corp. announced this week that it will launch a new series of made-in-China Chevrolets next month. The new small and mid-sized models will roll out in late February and will be sold through a networ ... Continue reading
MMC holding talks to sell luxury cars supplied by Nissan
Tokyo January 24 2005; The Japan Times reported that Nissan Motor Co. and Mitsubishi Motors Corp. are discussing a deal in which Nissan would supply luxury cars for sale under the Mitsubishi brand, according to sources close to the matter. Struggling MMC has already agreed to more than double its supply of minivehicles ... Continue reading
China expects auto sales growth to keep slowing in 2005
[24 ] BEIJING January 24, 2005; The AFP reported that Chinese car buyers check out the various vehicles on display at an auto market in Beijing Chinese auto sales are likely to continue to slow in 2005, and the stellar growth seen early this decade will probably never return, state media said, citing a leading industry ... Continue reading
Moscow January 24, 2005; Reuters reported that Russia's second-biggest automaker, GAZ, which suspended work after a local engine producer hiked prices, plans to buy 1,000 engines per month from DaimlerChrysler, a GAZ official said Friday. Spokesman Oleg Gamov said the two sides had agreed to increase deliveries to 150, ... Continue reading
Communist Party to Play Bigger Role in China's State Companies
　BEIJING, Jan. 23, 2005; (Xinhuanet) -- The Central Committee of the Communist Party of China (CPC) issued an official circular Sunday calling for strengthening and improving the building of the CPC organizations in state-owned enterprises, particularly those owned by the central government. The circular, entitl ... Continue reading
Bazemore quickest on Saturday in Vegas tests
DON SCHUMACHER RACING 2005 NHRA POWERade DRAG RACING SERIES PRE-SEASON TESTING THE STRIP AT LAS VEGAS MOTOR SPEEDWAY JAN. 21-23, 2005 Contact: Judy Stropus, 203-438-0501; cell, 203-243-2438 BAZEMORE IS QUICKEST ON SATURDAY, FOURTH OVERALL AT VEGAS TESTS LAS VEGAS (Jan. 23, 2005) - Whit Bazemore, in the purple-bodied Ma ... Continue reading
Capps fifth quickest in Vegas testing
DON SCHUMACHER RACING 2005 NHRA POWERade DRAG RACING SERIES PRE-SEASON TESTING THE STRIP AT LAS VEGAS MOTOR SPEEDWAY JAN. 21-23, 2005 Contact: Judy Stropus, 203-438-0501; cell, 203-243-2438 CAPPS FIFTH QUICKEST IN VEGAS TESTING LAS VEGAS (Jan. 23, 2005) - Ron Capps, although not yet officially announced as the driver o ... Continue reading
Scelzi gives Vegas tests an A-plus
DON SCHUMACHER RACING 2005 NHRA POWERade DRAG RACING SERIES PRE-SEASON TESTING THE STRIP AT LAS VEGAS MOTOR SPEEDWAY JAN. 21-23, 2005 Contact: Judy Stropus, 203-438-0501; cell, 203-243-2438 GARY SCELZI POSTS SIXTH QUICKEST PASS OF TEST WEEKEND, GIVES TESTS AN A-PLUS LAS VEGAS (Jan. 23, 2005) - Gary Scelzi posted the si ... Continue reading
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