Gentex Promotes Hamblin to Vice President
ZEELAND, Mich., April 29 -- Gentex Corporation , the world's leading supplier of automatic- dimming rearview mirrors to the worldwide automotive industry, has promoted Connie M. Hamblin to Vice President of Investor Relations and Corporate Communications. She remains the Corporate Secretary of the Company. Hamblin join ... Continue reading
BANDON, Ore., April 29 -- Big incentives are enticing a growing number of new-car buyers into better equipped and higher priced models, according to CNW Marketing Research. In April, the average sticker price of vehicles sold to consumers topped $28,000 for the first time in history, up nearly 9 percent from a year ago ... Continue reading
Toll Collect: Tolling the Demise of the Commercial Vehicle Telematics Market? By Miranda Carpenter, Programme Manager at Frost & Sullivan As the European Commission prepares to make its final judgement on Toll Collect this week, Frost & Sullivan discusses whether the offering of value added services such as track and t ... Continue reading
Rouge Industries Posts First Quarter Loss
DEARBORN, Mich., April 29 -- Rouge Industries, Inc. (BULLETIN BOARD: RGID) reported a net loss of $11.4 million, or $0.51 per share, for the first quarter of 2003, $30.1 million or $1.36 per share better than the net loss recorded in the first quarter of 2002. The Company attributes this improvement to higher steel sel ... Continue reading
OEConnection Auto Dealership Customers Conduct More than 1 Million Parts Searches in March 2003
RICHFIELD, Ohio, April 29 -- OEConnection, LLC, a leader in online and e-commerce auto parts locating and fulfillment, announced today that its customers performed over 1 million online searches using their D2DLink(R) parts locator during the month of March. OEConnection's 9,500 Ford and General Motors dealership custo ... Continue reading
Brilliance China: To Up Stake In BMW JV To 44.55%
Tuesday 3:31 am ET HONG KONG April 29, 2003; Loretta Ng writing for Dow Jones reported that Brilliance China Automotive Holdings Ltd. confirmed Tuesday it will lift its stake in its planned joint venture with Germany's Bayerische Motoren Werke AG to 44.55% from 40.5% at present at a cost of 135 million yuan ($1=CNY8.28 ... Continue reading
Orbit Racing - Le Mans test info
Attached is the Orbit Racing media kit for the May 4 test at Le Mans. Telephone and e-mail contact information is provided on the first page; please do not post or publish this information. ... Continue reading
America's Car-Mart Issues Earnings Guidance for Fiscal 2004
BENTONVILLE, Ark.--April 29, 2003--America's Car-Mart, Inc. announced today that it is targeting diluted earnings per share of $2.01 for its fiscal year ending April 30, 2004. The projected diluted earnings per share by fiscal quarter is as follows: Projected Diluted Period Period Ending EPS --------------------------- ... Continue reading
Garmin Ltd. Invites You to Listen to Its First Quarter 2003 Earnings Call
CAYMAN ISLANDS, April 4 -- Garmin Ltd. invites shareholders and investors to listen to its first quarter 2003 earnings conference call that will be broadcast over the Internet on Wednesday, April 30, 2003 at 11 a.m. ET, with executives of Garmin. The call will be held in conjunction with the company's earnings release, ... Continue reading
MUNICH, Germany--April 29, 2003--Infineon Technologies AG (FSE/NYSE: IFX) today announced that it is using its advanced 0.11-micron process technology for volume manufacturing for DRAMs. Samples of high-density 256Mbit DRAMs manufactured in the new 0.11-micron process have already been successfully validated at Intel a ... Continue reading
Plastic Omnium - Consolidated First-Quarter 2003 Sales Up 8.3% at Constant Exchange Rates
PARIS, April 29 -- Compagnie Plastic Omnium's (Euroclear: 12457.PA, Bloomberg: POM@FP, Reuters: PLOF.PA) consolidated sales rose by 8.3% at constant exchange rates in the three months that ended March 31, 2003. One-third of sales are generated in North America, and the 20% decline in the dollar against the euro for the ... Continue reading
KELOWNA, British Columbia--April 29, 2003--Sure Trace Security Corporation (Sure Trace) (OTCBB:SSTY) through its wholly owned subsidiary, Identification Technologies Inc. (IDENTEX) has begun a key pilot program of Asset Protection for Budget Rent a Car of South Africa eighth its channel partner iPico Holdings Pty. of S ... Continue reading
The Integrated Solution Group Completes Warehouse and Logistics Implementation at Sullivans Inc.
WOBURN, Mass.--April 29, 2003--The Integrated Solution Group (ISG), a full service consulting firm and system integrator, has just developed and installed a warehouse and logistics system for Sullivans, Inc., the world's largest distributor of HJC motorcycle helmets and Joe Rocket riding apparel. ISG implemented bar co ... Continue reading
Bel Fuse Reports First Quarter Results
JERSEY CITY, N.J.--April 29, 2003--Bel Fuse Inc. today announced preliminary unaudited results for the first quarter ended March 31, 2003. Net income for the first quarter increased to $1,780,000, or $0.16 per diluted share. This compares to a net loss for the first quarter of 2002 of $1,821,000, or $0.17 per share. Re ... Continue reading
American Axle & Manufacturing Introduces New PowerFilm(TM) Lubricant For Its Driveline Systems
DETROIT, April 29 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today announced that it has developed a new synthetic PowerFilm(TM) lubricant for its driveline systems. The PowerFilm(TM) lubricant, when combined with low friction bearings and an optimized sliding geometry of ... Continue reading
Hales Corners Speedway Current Points April 26, 2003
Subj: Hales Corners Speedway Points 04-26-2003 UMP Late Model Name Car # Total 1 Scheffler, Russ 10 605 2 Watson, Jim W-1 595 3 Sievert, Bret 5 525 4 Specht, Scott 99 520 5 Scheffler, Rick 15 450 6 Carlson, Chris C-12 380 7 Stroika, Ron 33 340 8 Rezutek, Bill 8-R 305 Letizia, Turk D-1 305 10 Meinig, Art 91 285 11 Konop ... Continue reading
LOS ANGELES--April 29, 2003--According to a recent automotive study, 70 percent of U.S. drivers do not know how to tell if their tires are bald. That's bad news, according to the Automobile Club of Southern California. The need for proper tire maintenance is so important that National Tire Safety Week, April 28-May 3, ... Continue reading
When Your Brakes Talk, Listen for Safety
FARMINGTON HILLS, Mich., April 29 -- When it comes to driving safely, it is easy to take a vehicle's ability to stop for granted -- until you really need it. In observance of National Car Care Month, Akebono Corporation, North America's leading supplier of advanced brake technology, is urging all motorists to take a br ... Continue reading
Compact Performance Market Is Outgrowing Its 'Compact' Name
Astounding 2002 Growth Rate of 55.9% Pushes Market Niche To Nearly $2.4 Billion DIAMOND BAR, Calif., April 29 -- The compact performance segment within the automotive specialty equipment market may be all about accessories and products for smaller-sized cars and vehicles, but the segment itself burst its "compact" seam ... Continue reading
Union Bank & Trust Accelerates Auto Financing with DealerTrack
MELVILLE, N.Y.--April 29, 2003--DealerTrack, Inc. today welcomes Union Bank & Trust, Nebraska's largest state-chartered bank & trust company, as a new participant on its DealerTrack(TM) online auto finance platform. Union Bank & Trust joins 29 other lenders already connected to the platform, which helps automate and ac ... Continue reading
PHILADELPHIA--April 29, 2003--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket and service chain, announced the appointment of Lawrence N. Stevenson as its new Chief Executive Officer. Mr. Stevenson, who is expected to start in his position with Pep Boys on May 27, 2003, will also serve as ... Continue reading
Sonic Auto Dealer Group Announce First Quarter Results
CHARLOTTE, N.C., April 29 -- Sonic Automotive, Inc. today announced results for the first quarter of 2003. Sonic reported first quarter net income from continuing operations of $17.8 million, or $0.43 per diluted share. This result compares to 2002 first quarter net income from continuing operations of $23.2 million, o ... Continue reading
Timken Announces First Quarter Results
CANTON, Ohio, April 28 -- The Timken Company today announced first quarter results that include six weeks of ownership of The Torrington Company, which Timken acquired on February 18, 2003. For the quarter ended March 31, the company reported sales of $838 million, up 36% from $616 million in the year-ago period. The a ... Continue reading
UnitedAuto Completes Inskip Autocenter Dealership Acquisition
DETROIT--April 28, 2003--UnitedAuto Group, Inc. , a FORTUNE 500 automotive specialty retailer, today announced that it has completed the acquisition of the Inskip Autocenter dealerships located in Warwick, Rhode Island. Inskip represents 9 brands including, Acura, Audi, Bentley, BMW, Infiniti, Lexus, Mercedes-Benz, Por ... Continue reading
Coachmen Industries, Inc. Reports First Quarter Results
* Low consumer confidence levels/weather negatively impact both business segments -- first quarter loss of $2.8 million versus loss of $0.6 million in previous year period. * RV retail market share increases. ELKHART, Ind., April 28 -- Coachmen Industries, Inc. today announced its financial results for the first quarte ... Continue reading
The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.
Vehicle manufacturers and alt fuels.
