Saturday, January 27, 2007

Detroit Auto Dealers Association Announces Officers for 2007

TROY, Mich., Jan. 26 -- The Detroit Auto Dealers Association (DADA), one of the nation's largest and most influential dealer organizations, has announced its new slate of officers for 2007. The announcement was made by DADA Executive Vice President Rod Alberts. Newly elected officers are: Joseph Serra, president; Dougl ... Continue reading

Michelin Wins Military Ground Vehicle Tire Contract Worth $1.7 Billion

COLUMBUS, Ohio, Jan. 26 -- Defense Logistics Agency through its designated supply chain manager, Defense Supply Center Columbus, signed a contract Jan. 25 worth more than $852 million for land vehicle tires with Michelin North America Tire Company in Columbus. The contract is for a base period of five years with an opt ... Continue reading

Dealers Support RouteOne's autoValue(TM) Product

2,600+ subscriptions in first 60 days of product rollout FARMINGTON HILLS, Mich., Jan. 26 -- RouteOne LLC announced today that more than 2,600 dealers are now subscribed to autoValue(TM), its used vehicle valuation tool, since the product's launch in late November 2006. The autoValue bookout tool is currently integrate ... Continue reading

Honeywell Reports 2006 Sales Up; Free Cash Flow Up 41% to $2.5 Billion

Q4 Sales up 14% to $8.3 Billion, EPS up 18% to $0.72, Free Cash Flow Up 54% to $941 Million Company Confident in Strong 2007 Financial Outlook and Increases Free Cash Flow Guidance MORRIS TOWNSHIP, N.J., Jan. 26 -- Honeywell today announced full-year 2006 sales increased 13% to $31.4 billion from $27.6 billion in 2005. ... Continue reading