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February 2005

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Monday, February 28, 2005

Magna announces fourth quarter and 2004 results

Magna announces fourth quarter and 2004 results

AURORA, Ontario, March 1 -- Magna International Inc. (TSX: MG.SV.A, MG.MV.B; NYSE: MGA) today reported sales, profits and earnings per share for the fourth quarter and year ended December 31, 2004. ----------------------------------------------------------------------- -- THREE MONTHS ENDED YEAR ENDED DECEMBER 31, DECE ... Continue reading

Orion Bus Industries Completes First Production Hybrid Bus Order

Orion Bus Industries Completes First Production Hybrid Bus Order

NEW YORK--Feb. 28, 2005-- New York's Roosevelt Island also chooses hybrid with order for four buses Orion Bus Industries has completed deliveries on the first of two production orders for hybrid electric buses to New York City's transit agency and has begun deliveries on the second order. By the end of 2005, MTA New Yo ... Continue reading

Titan Tire Corporation Enters Agreement to Purchase Goodyear Farm Tire Business

Titan Tire Corporation Enters Agreement to Purchase Goodyear Farm Tire Business

QUINCY, Ill.--Feb. 28, 2005--Titan Tire Corporation, a subsidiary of Titan International, Inc. , has entered into a definitive agreement to purchase The Goodyear Tire & Rubber Company's North American farm tire business. The closing is subject to government approval and to Titan reaching an agreement with the United St ... Continue reading

Goodyear to Sell North American Farm Tire Assets

Goodyear to Sell North American Farm Tire Assets

AKRON, Ohio, Feb. 28 -- The Goodyear Tire & Rubber Company today announced that it has reached agreement with Titan Tire Corporation, a subsidiary of Titan International, Inc., to sell its North American farm tire assets, including its manufacturing plant, property and equipment in Freeport, Ill., and inventories, pend ... Continue reading

2005 Jeep(R) Grand Cherokee Receives Top Government Safety Rating from NHTSA

2005 Jeep(R) Grand Cherokee Receives Top Government Safety Rating from NHTSA

- Jeep Grand Cherokee is the Ninth Consecutive New Chrysler Group Product to Receive Five Stars for Frontal Crash Protection AUBURN HILLS, Mich., Feb. 28 -- The 2005 Jeep(R) Grand Cherokee has received the government's highest ratings for frontal and side-impact crash protection in testing by the National Highway Traff ... Continue reading

Delphi Brake Technology on GM Crossover Sport Vans

Delphi Brake Technology on GM Crossover Sport Vans

TROY, Mich., Feb. 28 -- Delphi today announced its electronic stability control (ESC) brake technology is featured on General Motors' front wheel drive (FWD) 2005 Crossover Sport Vans. The FWD Buick Terraza will incorporate Delphi's ESC, sold as StabiliTrak, as standard and it will be offered as optional equipment on t ... Continue reading

Fiat SpA's Overall Net Loss Narrowed

Fiat SpA's Overall Net Loss Narrowed

ROME February 28, 2005; The AP reported that Fiat SpA reached key operating break-even for 2004, while its overall net loss narrowed slightly last year to euro1.55 billion (US$2.05 billion), the company said Monday. The group had reported a net loss of euro1.9 billion (US$2.5 billion) in 2003. The closely watched Fiat ... Continue reading

GM to launch second Cadillac model in China

GM to launch second Cadillac model in China

SHANGHAI, Feb 28, 2005; Reuters reported that General Motors, will begin selling an SUV model from its Cadillac line in China from Tuesday, after introducing the iconic brand to its second-largest market worldwide in 2004. General Motors Corp. said it had sold more than 1,000 Cadillacs in China since sales began last O ... Continue reading

Rumours Fly Around New GM European Mid-Size - A Saab or Opel?

Rumours Fly Around New GM European Mid-Size - A Saab or Opel?

FRANKFURT, Feb 29, 2005; Reuters reported that General Motors declined to confirm on Monday a newspaper report that the world's biggest carmaker had picked an Adam Opel plant in Germany to build its next-generation mid-size car. A GM Europe spokesman dismissed as "speculation" a report in the Frankfurter Allgemeine Zei ... Continue reading

NASCAR California Race Recap

NASCAR California Race Recap

SHANE HMIEL CHARGES THROUGH THE FIELD TO FINISH THIRD LOS ANGELES, CA (Feb. 27, 2005) – Shane Hmiel and the Braun Racing/WINFUEL team started off the day strong by laying down a fast lap and qualifying fifth for the Stater Bros. 300 at California Speedway. Problems started when Hmiel tried to fire the ca ... Continue reading

Aimbridge Indirect Lending Credit Union Auto Lending Network; Maryland, D.C. and Virginia Auto Lending CUSO Taps Aimbridge for Member Network

Aimbridge Indirect Lending Credit Union Auto Lending Network; Maryland, D.C. and Virginia Auto Lending CUSO Taps Aimbridge for Member Network

DENVER--Feb. 28, 2005--Aimbridge Indirect Lending announced that Credit Union Auto Lending Network (CUALN), will partner with Aimbridge Indirect Lending to offer indirect auto lending services in Maryland, Washington D.C., and Virginia. CUALN is co-owned by 30 credit unions in the two-state and District area. Aimbridge ... Continue reading

China Ministry of Information Industry and Freescale Jointly Establish Lab to Develop Evaluation Systems for Linux Products

China Ministry of Information Industry and Freescale Jointly Establish Lab to Develop Evaluation Systems for Linux Products

BEIJING--Feb. 28, 2005-- Lab to Provide Linux OS and PowerPC(TM) Architecture Proving Ground for Pervasive Computing Projects in China's Information Industry The China Software and Integrated Circuit Promotion (CSIP) Center, a division of the Ministry of Information Industry (MII), and Freescale Semiconductor today ann ... Continue reading

Ford Motor Co. Working With Vivecon Supply Chain Management Solution

Ford Motor Co. Working With Vivecon Supply Chain Management Solution

Software's Predictive, Actionable Analytics Help Automakers Mitigate Effects of Unpredictable Swings in Demand MOUNTAIN VIEW, Calif., Feb. 28 -- Vivecon Corp., the leader in supply chain risk management solutions, today announced that Ford Motor Company will begin working with Vivecon's supply chain risk management sol ... Continue reading

NowAuto Provides Corporate Update for March 2005

NowAuto Provides Corporate Update for March 2005

SCOTTSDALE, Ariz., Feb. 28 -- NowAuto announces current developments for March 2005. Scott Miller, CEO states, "As we have stated previously, we feel it is important to provide frequent corporate updates to our shareholders since we are currently a non-reporting company. We expect March to be our first month exceeding ... Continue reading

ZAP Displays Next-Generation, Fuel-Efficient Micro-Cars

ZAP Displays Next-Generation, Fuel-Efficient Micro-Cars

SmartCar Offers Affordable, Efficient, Safe Transportation for Environmentally Conscious Consumers WEST PALM BEACH, Fla., Feb. 28 -- ZAP (BULLETIN BOARD: ZAPZ) , a developer of environmentally responsible transportation and advanced fuel technology, is rolling out a colorful array of its unique micro-cars at the ValueR ... Continue reading

PRIMEDIA Reports 2004 Results

PRIMEDIA Reports 2004 Results

NEW YORK--Feb. 28, 2005--PRIMEDIA Inc. Fourth Quarter Percent Full Year Percent --------------- ------------------- 2004 2003 Change 2004 2003 Change ------- ------- ------- --------- --------- ------- Segment Revenue, net (a): Enthusiast Media (b) $183.8 $180.0 2.1% $730.1 $710.6 2.7% Consumer Guides 72.9 70.0 4.1% 28 ... Continue reading

WheelsTV Network Signs Distribution Agreement with Akimbo

WheelsTV Network Signs Distribution Agreement with Akimbo

ACTON, Mass.--Feb. 28, 2005--Akimbo(TM) Systems, the company with the first Internet-delivered video-on-demand (VOD) service for television, and WheelsTV Network, the first television network devoted to the automotive lifestyle, today announced a distribution agreement that will make WheelsTV(TM) available on the Akimb ... Continue reading

Pickups Plus Raises Additional Capital for Expansion

Pickups Plus Raises Additional Capital for Expansion

CINCINNATI--Feb. 28, 2005--Pickups Plus, Inc. (OTCBB:PUPS), a retailer and national franchiser in the light truck and SUV after market accessory industry and wholly owned Auto Preservation, Inc. (AP) a single source provider to automotive dealerships for their new vehicle preparation, environmental protection packages, ... Continue reading

TI Automotive Tanks to Fuel Popular Japanese Compact

TI Automotive Tanks to Fuel Popular Japanese Compact

WARREN, Mich., Feb. 28 -- TI Automotive, a leading global supplier of fluid storage and delivery systems, will provide fuel tanks for an upcoming compact vehicle being built in Europe by a major Japanese automaker. The tanks will be produced from co-extruded plastic under the multi-year contract at TI Automotive's Dees ... Continue reading

GPS Maker Lowrance Second Quarter Sales

GPS Maker Lowrance Second Quarter Sales

TULSA, Okla.--Feb. 28, 2005--Lowrance Electronics, Inc. announced today that sales for the second quarter ended January 31, 2005, increased 33% to $32,646,000, compared to sales of $24,468,000 for the same period last year. Net income for the second quarter increased to $2,168,000, or $0.42 per diluted share, compared ... Continue reading

NASCAR: Comeback Kid McMurray Bounces Back with Top-Five at California

NASCAR: Comeback Kid McMurray Bounces Back with Top-Five at California

Media Contact: Jennifer Jaudon, Chip Ganassi Racing, (704) 746-6434, jjaudon@ganassi.com - For Immediate Release - Comeback Kid McMurray Bounces Back with Top-Five at California CONCORD, N.C., (February 28, 2005) - Two nights before the Auto Club 500 at California Speedway, driver Jamie McMurray and Crew Chief Donnie W ... Continue reading

Pressure from OEMs continues to Dampen Shocks Revenue Growth

Pressure from OEMs continues to Dampen Shocks Revenue Growth

DUBLIN, Ireland--Feb. 28, 2005--Research and Markets (http://www.researchandmarkets.com/reports/c13184) has announced the addition of Global Market Review For OE Shock Absorbers - Forecasts To 2010 to their offering The global shock absorber market is technically mature with competition firmly centred on price. Despite ... Continue reading

Virtual Services Selects Bianchi Public Relations as PR Agency of Record

Virtual Services Selects Bianchi Public Relations as PR Agency of Record

TROY, Mich., Feb. 28 -- Bianchi Public Relations, Inc. announced today it has expanded its clientele with the addition of Virtual Services, Inc., a technology company serving automotive suppliers. The announcement was made by D. Mark Ratliff, president and CEO of Madison Heights, Mich.-based Virtual Services, and Richa ... Continue reading

Consumers Given Opportunity to Impact Future Car Designs

Consumers Given Opportunity to Impact Future Car Designs

TUSTIN, Calif., Feb. 28 -- Consumers across the United States are being given an opportunity to express their opinions, pro and con, regarding all things automotive, via a new research panel hosted by VehicleVoice. The free-to-consumers program collects and evaluates opinions of individuals young and old, new drivers a ... Continue reading

Bandy Carroll Hellige Advertising Lands Big O Tires Account

Bandy Carroll Hellige Advertising Lands Big O Tires Account

LOUISVILLE, Ky., Feb. 28 -- Bandy Carroll Hellige Advertising announced today that it has been retained as agency of record for Big O Tires. The advertising agency will be handle marketing and advertising assignments for the Louisville metro market and some contiguous secondary markets for the tire retailer. Bandy Carr ... Continue reading

Reynolds and Reynolds CFO Dale Medford Announces Plans to Retire

Reynolds and Reynolds CFO Dale Medford Announces Plans to Retire

DAYTON, Ohio, Feb. 28 -- The Reynolds and Reynolds Company today reported that Executive Vice President and Chief Financial Officer and Director Dale Medford has announced his intention to retire from the company and its board of directors effective June 1, 2005. "Dale has made many valuable contributions over the year ... Continue reading

Carbiz Inc. Announces Joint Venture

Carbiz Inc. Announces Joint Venture

SARASOTA, Fla.--Feb. 28, 2005--Carl Ritter, chief executive officer of Carbiz Inc. (TSX VENTURE:CZ) ("Carbiz"), announced that Carbiz has entered into a joint venture agreement to accelerate its previously announced expansion into the auto credit business. The joint venture agreement proposes to add one Carbiz Auto Cre ... Continue reading

2005 Geneva Motor Show

2005 Geneva Motor Show

<tr> 2005 Geneva International Motor Show Porsche 911 Shooting Brake by Protoscar The &#352;koda Yeti Study at the Geneva International Motor Show Alfa Romeo 159, world preview New Chevrolet Matiz to debut at 2005 Geneva Motor Show Kia reveals all-new five door 2005 Rio The Lamborghini Concept S at the Geneva Motor Sho ... Continue reading

2005 Geneva Motor Show

2005 Geneva Motor Show

<tr> 2005 Geneva International Motor Show Porsche 911 Shooting Brake by Protoscar The &#352;koda Yeti Study at the Geneva International Motor Show Alfa Romeo 159, world preview New Chevrolet Matiz to debut at 2005 Geneva Motor Show Kia reveals all-new five door 2005 Rio The Lamborghini Concept S at the Geneva Motor Sho ... Continue reading

Cruz Pedregon Elimination Wrap Up From Firebird

Cruz Pedregon Elimination Wrap Up From Firebird

NHRA 2005 NOTES & QUOTES NHRA National Event Firebird International Raceway ­ Chandler, Ariz. Advance Auto Parts Nitro Funny Car - Pedregon Racing NHRA POWERade Drag Racing Series Cruz Pedregon Comes Up A Little Short CHANDLER, Ariz. (Feb. 27, 2005) ­ Cruz Pedregon, driver of the Advance Auto Parts Monte Carlo Nitro ... Continue reading

Bazemore on his game, goes to second round in Phoenix

Bazemore on his game, goes to second round in Phoenix

DON SCHUMACHER RACING 2005 NHRA POWERade DRAG RACING SERIES Round 2 of 23 CHECKER SCHUCK'S KRAGEN NHRA NATIONALS FIREBIRD RACEWAY CHANDLER, ARIZ. Race Dates: Feb. 25-27, 2005 Contact: Judy Stropus, 203-438-0501; cell 203-243-2438; jstropus@earthlink.net BAZEMORE ON HIS GAME, ADVANCES TO SECOND ROUND IN PHOENIX CHANDLER ... Continue reading

Stevens advances to second round in Phoenix

Stevens advances to second round in Phoenix

DON SCHUMACHER RACING 2005 NHRA POWERade DRAG RACING SERIES Round 2 of 23 CHECKER SCHUCK'S KRAGEN NHRA NATIONALS FIREBIRD RACEWAY CHANDLER, ARIZ. Race Dates: Feb. 25-27, 2005 Contact: Judy Stropus, 203-438-0501; cell 203-243-2438; jstropus@earthlink.net STEVENS ADVANCES TO SECOND ROUND IN PHOENIX, LOSES TO TEAMMATE COU ... Continue reading

Scelzi out in second round against Force

Scelzi out in second round against Force

DON SCHUMACHER RACING 2005 NHRA POWERade DRAG RACING SERIES Round 2 of 23 CHECKER SCHUCK'S KRAGEN NHRA NATIONALS FIREBIRD RACEWAY CHANDLER, ARIZ. Race Dates: Feb. 25-27, 2005 Contact: Judy Stropus, 203-438-0501; cell 203-243-2438; jstropus@earthlink.net SCELZI OUT IN SECOND ROUND AGAINST FORCE CHANDLER, Ariz. (Feb. 27, ... Continue reading

Chevy Race Notes - Fontana, Feb. 27

Chevy Race Notes - Fontana, Feb. 27

Contact: Nancy Wager GM Racing Communications cell: (727) 415-3109 For more information: media.gm.com CHEVROLET NOTES & QUOTES NASCAR NEXTEL CUP SERIES AUTO CLUB 500 RACE NOTES CALIFORNIA SPEEDWAY February 27, 2005 JOE NEMECHEK, NO. 01 U.S. ARMY CHEVROLET MONTE CARLO - NOTE - SIDELINED WITH ENGINE FAILURE: "I tell you ... Continue reading

Dodge Charger Quotes from California Speedway

Dodge Charger Quotes from California Speedway

Sunday, Feb. 27, 2005 Ray Cooper California Speedway Clear!Blue Auto Club 500. 704-975-3232 JAMIE McMURRAY (No. 42 Texaco/Havoline Dodge Charger) - Finished 4th "We went back to Donnie's (crew chief Wingo's) hotel room Friday night, and he had all of his papers laid out and just kind of put together some stuff we'd run ... Continue reading

Capps uses Brut force to get to final round in Phoenix

Capps uses Brut force to get to final round in Phoenix

DON SCHUMACHER RACING 2005 NHRA POWERade DRAG RACING SERIES Round 2 of 23 CHECKER SCHUCK'S KRAGEN NHRA NATIONALS FIREBIRD RACEWAY CHANDLER, ARIZ. Race Dates: Feb. 25-27, 2005 Contact: Judy Stropus, 203-438-0501; cell 203-243-2438; jstropus@earthlink.net CAPPS USES BRUT FORCE TO LAUNCH HIM INTO THE FINAL ROUND CHANDLER, ... Continue reading

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