GM's Chinese Joint Venture Partner Buying Into Struggling SUV Venture in China
BEIJING February 26, 2004; The AP reported that General Motors Corp. said Thursday its main Chinese partner is buying into its struggling sport utility vehicle venture in China while the U.S. automaker trims its stake. The SUV venture has the capacity to produce 30,000 SUVs a year, but sold just 3,289 in 2003. GM said ... Continue reading
Firestone Reportedly Ready to Launch Another Tire Recall This Time Steeltex Radial ATS,
WASHINGTON February 26, 2004; Stephen Power writing for the WSJ reported that three and a half years after a massive recall of its tires linked to deadly highway rollover accidents involving Ford Explorer sport- utility vehicles, Bridgestone/Firestone North American Tire LLC is preparing to announce another, much small ... Continue reading
Revised dates for National Auto Glass Conference & EXPO
Calendar Listing Event: National Auto Glass Conference & EXPO Dates: September 9-11, 2004 *Revised dates* Schedule: Thursday, September 9 - Golf Tournament, Welcome Reception, Opening Session Friday, September 10 - Seminars / Exhibits Saturday, September 11 - Seminars / Exhibits Venue: Tampa Marriott Waterside Tampa, F ... Continue reading
Group 1 Automotive Reports Fourth-Quarter and Full-Year Earnings
HOUSTON--Feb. 26, 2004-- Company Raises 2004 Guidance; Seven New Franchises Acquired Sixth Consecutive Year of Revenue, Net Income and EPS Growth Group 1 Automotive, Inc. , a Fortune 500 specialty retailer, today reported fourth-quarter net income of $19.6 million on revenues of $1.1 billion for the three months ended ... Continue reading
Porsche(R) Names Harling General Manager, Public Relations
ATLANTA, Feb. 26 -- Porsche Cars North America (PCNA) today announced the appointment of Bernhard (Bernd) Harling to the position of General Manager, Public Relations. Harling, who has more than 30 years of experience in the field of corporate communication, will report to Peter Schwarzenbauer, PCNA President and CEO. ... Continue reading
Here Come The Diesels:BERU Supplies Diesel Cold-Start Technology for Fiat and General Motors
LUDWIGSBURG, Germany--Feb. 26, 2004--BERU AG has been awarded a long-term contract to supply General Motors and Fiat with glow plugs for the current generation of Opel and Fiat diesel engines. From March 2004 on, the Ludwigsburg-based automotive supplier will equip the 4- valve, 4-cylinder diesel engines from Fiat GM P ... Continue reading
Shane Lewis Races Top-Class In-Front of Local Fans at Homestead
Shane Lewis Races Top-Class In-Front Local Fans at Homestead HOMESTEAD, Fla., February 26, 2004 - Sportscar racing standout and local South Florida resident Shane Lewis will lead the No. 7 PAP Parts/ Southard Motorsports BMW-FABCAR Daytona Prototype entry into Saturday's Grand American Rolex Sports Car Series' Grand Pr ... Continue reading
DETROIT, Feb. 26 -- The following is a statement from Toyota Motor Sales USA, Inc. regarding 1989 Camry ranking on NICB most stolen vehicles list: Toyota is committed to reducing cost of ownership of its vehicles and this extends to reducing insurance losses. Numerous sophisticated anti-theft devices and parts identifi ... Continue reading
Dealerskins.com Readies Launch of Redline Performance Content(TM) Suite Fueled by JATO Dynamics
TROY, Mich., Feb. 26 -- Dealerskins.com , a leader in automotive dealer website development is ready to break new barriers with the launch of an amazing new suite featuring lead generating website and email content, Redline Performance Content(TM) (RPC). Dealerskins.com has chosen JATO Dynamics as a preferred partner t ... Continue reading
Dealer.com Ready to Launch QuoteFactory 4.0 Fueled by JATO Dynamics
BURLINGTON, Va., Feb. 26 -- Dealer.com , a leading web solutions provider to the automotive industry, announces its 3rd version of its industry leading QuoteFactory new vehicle research tool using data provided by JATO Dynamics. With the release of the QuoteFactory(TM) 4.0 platform, Dealer.com will soon be launching al ... Continue reading
ARMONK, N.Y.--Feb. 26, 2004-- With 2.5 Million Subscribers, OnStar is the Industry Leader for In-Vehicle Communications General Motors' OnStar subsidiary has selected IBM to provide interactive speech technologies for its next-generation voice-recognition applications. OnStar is the industry leader in North America for ... Continue reading
European Automakers Hope New Models Will Rev Sales
PARIS, Feb 26, 2004; Rebecca Harrison writing for Reuters reported that armed with an array of new models, the world's automakers are aiming to charm thrifty European motorists at next week's Geneva car show and kickstart a long-awaited recovery in the region's auto market. But as manufacturers increasingly trim prices ... Continue reading
DETROIT - Eight General Motors (GM) engineers received recognition for their contributions as innovators and leaders and for supporting the minority presence in the technology enterprise during the 18th Annual Black Engineer of the Year Awards Conference at the Baltimore Convention Center on Feb. 21. The awards, sponso ... Continue reading
DETROIT February 25, 2004; Tom Brown writing for Reuters reported that Paul Ballew, the chief sales analyst at General Motors Corp., said on Wednesday that February was "not a great month" for U.S. vehicle sales but it wasn't all bad either. "All in all, not a bad month, not a great month, but pretty close to expectati ... Continue reading
Auto Industry Can Sustain More Incentives
DETROIT February 25, 2004; Sharon Silke Carty writing for Dow Jones reported that there are indications the auto industry can sustain a moderate rise in incentives, J.P. Morgan analyst Himanshu Patel said Wednesday. In a research note, Patel said General Motors Corp. reported only a small drop in its profit margins in ... Continue reading
Surface Tech Inc. Issues Letter of Intent to Horsepower Speed & Marine, Inc.
IRVINE, Calif.--Feb. 25, 2004--Surface Tech, Inc. (OTC:SFCI) has issued a letter of intent and entered into negotiations for the purchase of Horsepower Speed & Marine, Inc. Horsepower Speed & Marine is currently a major distributor for Magna Charger(TM) automotive Superchargers. In addition, Horsepower Speed & Marine i ... Continue reading
Britax Explains Recent Developments Concerning Isofix Child Car Seats
ANDOVER, England, February 26 -- Britax welcomes the changes to the current European Standard ECE R44.03 to include Isofix seats in the approval procedure with 3 different categories - universal, semi-universal and vehicle specific. Isofix is a unique attachment system which allows you to secure the child seat to the c ... Continue reading
SPRINGFIELD, Mo.--Feb. 25, 2004--O'Reilly Automotive, Inc. ("O'Reilly" or "the Company") today announced record revenues and earnings for the fourth quarter and year ended December 31, 2003, representing 11 consecutive years of record revenues and earnings and positive comparable store product sales increases for O'Rei ... Continue reading
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