CSM Worldwide reports European auto market will head east to control costs
Detroit, March 3 -- CSM Worldwide forecasts new automotive production capability will fuel an increase in business investment in Eastern Europe. The shift comes at the expense of traditional manufacturing centres in Western Europe, where despite strong productivity, high labour costs are driving OEMs to source smaller, ... Continue reading
Ford Motor Company February U.S. Sales Match Year Ago Levels
DEARBORN, Mich., March 3 -- U.S. customers purchased or leased 268,196 cars and trucks from Ford, Mercury, Lincoln, Jaguar, Volvo, and Land Rover dealers in February 2003, virtually matching last February's sales of 268,404. Year-to-date, the company's sales were 510,751, up 1.9 percent compared with a year ago. "Febru ... Continue reading
Can Diesel Engines Survive Move to Stricter Emissions Standards?
CAMBRIDGE, Mass.--March 3, 2003-- New Study to Explore Impact of Tightening Regulations on Trucks, Buses, and Off-Road Vehicles in Europe, Japan, and the U.S. TIAX, a premier innovation, technology, and product development and consulting firm, and Global Insight, leading automotive and industry consultants, today annou ... Continue reading
DETROIT, March 3, 2003; Featuring five "world firsts" in the design of its XC90, Volvo engineers sought to design an SUV-like vehicle with superior safety, handling, and emissions performance characteristics. The end result was Automotive Engineering International magazine's "Best Engineered Vehicle for 2003." The anno ... Continue reading
American Axle & Manufacturing Showcases its Technology At The 2003 SAE World Congress, Booth # 1853
DETROIT, March 3 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, is showcasing its innovative driveline systems and modules, crossover vehicle applications and noise, vibration and harshness (NVH) technologies at the 2003 Society of Automotive Engineers (SAE) World Congress in ... Continue reading
Delphi ECS Enclosure Blower Dubbed 'Valuable New Product' By Communications Industry
LOCKPORT, N.Y., March 3 -- The Delphi ECS Enclosure Blower, the first in a planned family of new electronics cooling products launched from Delphi Corporation's Harrison Thermal Systems division, is quickly garnering attention from the communications industry. The Delphi ECS Enclosure Blower, a product used to maximize ... Continue reading
dSPACE Shows Automotive Systems Innovations at SAE Congress, SAE Booth #1601, March 3-6, 2003
DETROIT, March 3 -- Innovations in electronics technology for engineering development processes are being demonstrated at the 2003 SAE World Congress and Exposition, March 3-6 by dSPACE, a German-based high-technology company with its North American head office in Novi, Michigan. A market leader and innovator in soluti ... Continue reading
Environmental Tectonics Corporation Announces The Election of Two New Board Members
SOUTHAMPTON, Pa., March 3 -- Environmental Tectonics Corporation (AMEX:ETC) today announced that two new members had been appointed to join its Board of Directors, George K. Anderson, MD, MPH, and H. F. "Gerry" Lenfest, President of The Lenfest Group of West Chester, Pa. Dr. Anderson is an experienced physician executi ... Continue reading
SOUTHAMPTON, Pa., March 3 -- Environmental Tectonics Corporation's (AMEX:ETC) Testing and Simulations Systems Division today announced an additional contract. The company has been awarded a contact to supply an ETC Altitude Simulation System for vehicle engine testing at high altitudes to an International Race Car Engi ... Continue reading
CHICAGO--March 3, 2003--Newview Technologies, an innovative software company that helps its clients effectively coordinate and extract value from their internal and external business networks, announced today the introduction of new process models to its Automotive Process Library. The Automotive Industry is at a criti ... Continue reading
"How Fast is too Fast? The Challenge of Rapid Advancement in Automotive Electronics" WHO: Executive Panelist Kregg Wiggins, Vice President of Powertrain Systems, Siemens VDO Automotive WHAT: Representing one of the world's leading automotive electronics companies, Wiggins will deliver a brief presentation, followed by ... Continue reading
Delphi Corporation Drives SAE World Congress Events With 25 Technical Papers, Panelists and Awards
TROY, Mich., March 3 -- Delphi Corp. will be presenting the future of automotive technology at the upcoming Society of Automotive Engineers (SAE) 2003 World Congress to be held March 3-6 at Detroit's Cobo Center, with 25 technical papers, panelists speaking on a variety of industry issues, plus several engineering and ... Continue reading
DETROIT, March 3 -- When Chrysler takes its turn under the Geneva Motor Show spotlight this week, it will unveil its Airflite concept vehicle. The long, tall, four-door hatchback provides a clear indication of what's coming as the number-three automaker shifts design gears. This week's issue of TheCarConnection.com pro ... Continue reading
JPE, Inc. Sells Dayton Parts, Inc.
AUBURN HILLS, Mich., March 3 -- JPE, Inc. (BULLETIN BOARD: JPEI.OB) today announced that it has consummated the sale of Dayton Parts, Inc., its wholly-owned subsidiary, to management and an affiliate of Gen Cap America, Inc. W.Y. Campbell & Company served as JPE's investment banker and conducted the sales process. JPE ... Continue reading
Asset Caption: Microtune's CableFree USB™ adaptors, connected to the USB ports of a PC and printer, provide a practical, affordable solution for wireless communications. Asset Caption: Web-ready logo Asset Caption: Press releaseAsset Description: Word document Asset Caption: Downloadable headline & body textAsset ... Continue reading
CLEVELAND--March 3, 2003--Morgenthaler Partners announced today the acquisition of MPI International, the leading provider of high-precision components using a precise, high-volume manufacturing process known as fineblanking. MPI products are used in a variety of industries, including: defense and aerospace, medical de ... Continue reading
TRW Automotive - Safety Systems Leader Drives Ahead Under Blackstone
LIVONIA, Mich., March 3 -- TRW Automotive today announced the completion of the $4.73 billion purchase of the company by affiliates of The Blackstone Group. With the closing of the sale, Blackstone and management now own 80.4 percent of the business while Northrop Grumman retains 19.6%. "This is a milestone for TRW Aut ... Continue reading
Edmunds.com Compact Car Incentives Rose While Large SUV Incentives Dropped
SANTA MONICA, Calif., March 3 -- Edmunds.com ( http://www.edmunds.com/ ), the premier online consumer resource for automotive information, reported today that the average manufacturer incentive per vehicle sold in the United States was $1,939 in January 2003, down 11.3% from $2,185 in December 2002. This data and the r ... Continue reading
NEW YORK--March 3, 2003--Deloitte Consulting New Offerings To Improve Performance and Efficiency Among Business Partners and Provide Comprehensive Internet Operations for the Extended Enterprise Deloitte Consulting, soon to be Braxton, today announced that it will offer RealTime(TM) Powered by WebSphere(R) and Deloitte ... Continue reading
New version of industry-leading CAE toolkit introduces a unique integration of all solvers, new valvetrain design tool, redesigned Java-based GUI DETROIT, March 3 -- SAE World Congress -- Gamma Technologies Inc. (GTI), the maker of GT-POWER, today unveiled the newest Version 6.0 of GT-SUITE, the automotive industry's d ... Continue reading
New Fixed Equalizer IC from Mitsubishi Electric Optimizes Sound Quality in Car Audio Systems
SUNNYVALE, Calif.--March 3, 2003--The Electronic Device Group of Mitsubishi Electric & Electronics USA, Inc., today introduced two highly integrated audio signal processors that use switched capacitor filter (SCF) technology to improve sound quality in car audio systems. The M61528FP Fixed Equalizer IC enables develope ... Continue reading
CHICAGO--March 3, 2003--Newview Technologies, an innovative software company that helps its clients effectively coordinate and extract value from their internal and external business networks, announced today that it has developed a full-suite of pre-configured Process Models to accelerate the time it takes to connect ... Continue reading
Opal-RT & Imagine Join Forces to Streamline Transmission Design Process
Transmission Simulator Combines Modeling Capabilities of AMESim with RT-LAB's Flexible Real-Time Environment ROANNE, France and MONTREAL, March 3 -- Opal-RT Technologies Inc. and IMAGINE S.A., today announced that the two companies have joined forces to develop a means by which electro-mechanical, hydraulic and pneumat ... Continue reading
'Is the U.S. Making Diesels Hard to Start? If They Get Going, Can Diesel Passenger Cars Make it in the U.S. Past 2007?' WHO: Executive panelist Brian Fitzgerald, Director, Diesel Systems - North America, Siemens VDO Automotive WHAT: Representing a world leader in innovative diesel technologies, Fitzgerald will deliver ... Continue reading
Solvay Acquisition Pays Off for MANN+HUMMEL in N.A.
DETROIT, March 3 -- MANN+HUMMEL's acquisition of Solvay's automotive air-induction systems and technical parts business last year is sparking a major expansion of the company's operations in North America. The acquisition has combined two highly complementary customer bases and also given MANN+HUMMEL Group a leading sh ... Continue reading
Tricon Introduces Clean Room Assembly Process
DETROIT, March 3 -- Tricon Industries, Inc. announces the purchase and implementation of a certified clean room to enhance some assembly processes. With a company-wide focus on high-quality manufacturing, Tricon's clean room investment enhances the overall value of customers' assemblies. Among other benefits, the Class ... Continue reading
KIRKLAND, Wash.--March 3, 2003--Universal Ice Blast, Inc. (OTCBB:UIBI), announced today that it has received a purchase order from Ford Motor Company for an automated rust inhibitor spray station, a new product from UIBI. This follows last year's installation of Universal Ice Blast's Automatic Ice Blast Gear Cleaning S ... Continue reading
Yazaki Creates New Strategic Business Unit
CANTON, Mich., March 3 -- Yazaki North America, Inc. (Yazaki), a leading supplier of vehicle power and data solutions to the automotive industry, announced today the creation of a new strategic business unit focused on the areas of electronics and instrumentation. George R. Perry, president and CEO of Yazaki North Amer ... Continue reading
DENSO Presents Current and Next Generation Diesel Engine Technology At SAE 2003
WHAT: "SAVE THE OZONE" -- DENSO's Current and Next Generation Diesel Engine Technology, an SAE 2003 presentation news conference. In 1995, DENSO launched the world's first diesel common rail injection system for trucks. In 1996, DENSO began supplying diesel common rail injection systems for passenger cars. And, in 2002 ... Continue reading
Bosch Achieves Third Consecutive PACE Award
DETROIT, March 3 -- Robert Bosch Corporation has been awarded a 2003 Automotive News PACE(TM) Award in the Manufacturing Process & Capital Equipment category for its innovative cassette chrome plating process. This marks the third consecutive year Bosch has earned this prestigious honor. This groundbreaking manufacturi ... Continue reading
WESTWAYS Magazine NASCAR Plus Family Vacation Travel Tips and Under 20 Buck So. Calif Dining
LOS ANGELES--March 3, 2003--The largest-ever issue of WESTWAYS magazine previews the inaugural NASCAR Auto Club 500 at the California Speedway in Fontana on April 27. The magazine traces the Auto Club's racing roots to 1903 and brings readers up-to-date with details of the Auto Club's title sponsorship of Winston Cup s ... Continue reading
Siemens VDO Automotive SAE Technical Paper Details Improved Human Machine Interface Concepts
DETROIT, March 3 -- Siemens VDO Automotive is this week presenting the advantages of improved human-machine interface (HMI) concepts for reducing driver distraction. This topic is among eight Siemens VDO Automotive technical presentations being delivered during the Society of Automotive Engineers (SAE) World Congress b ... Continue reading
Northrop Grumman Completes Sale of TRW Automotive Business To The Blackstone Group
LOS ANGELES, March 3 -- Northrop Grumman Corporation announced today that it has completed the $4.7 billion sale of TRW Automotive to affiliates of The Blackstone Group. The consideration included approximately $3.9 billion in the form of cash and debt retained by TRW Automotive, a $600 million payment-in-kind note, an ... Continue reading
American Axle & Manufacturing Develops Family of PTUs For Crossover Vehicle Market
DETROIT, March 3 -- American Axle & Manufacturing (AAM), has developed a family of chain-driven and helical gear power transfer units (PTU) for the crossover vehicle, all-wheel-drive and four-wheel-drive market. Because engine compartment packaging is different for every vehicle model, AAM has designed a variety of PTU ... Continue reading
DETROIT, March 3 -- The American Axle & Manufacturing (AAM) TracRite(R) differentials for both front and rear axle applications have been designed to meet a variety of customer requirements for traction control and improved ride and handling. The AAM family of differentials range from its current industry-standard mech ... Continue reading
Environmental Tectonics: New High Humidity, Low Temperature Brake Test Systems
SOUTHAMPTON, Pa., March 3 -- Environmental Tectonics Corporation (AMEX:ETC) has recently teamed with Link Engineering to supply a number of low temperature high humidity Brake Dynamometer test facilities to OEMs and Tier 1 suppliers in Detroit and Paris, France. These units allow the customers to conduct breakaway test ... Continue reading
AutoInfo, Inc. Announces Record Breaking 2002 Year End Financial Results
BOCA RATON, Fla.--March 3, 2003--AutoInfo, Inc. (OTC BB:AUTO), a non-asset based third party logistics service provider today announced results of its operations for the year ended December 31, 2002. The Company reported gross revenues of $18.8 million as compared with $8.0 million for the prior year. Net revenues (gro ... Continue reading
INDIANAPOLIS--March 3, 2003--The PIONEERED(TM) Airbag Compatible Infant Seat was independently tested by the world-renowned CAPE test facility where the seat proved compliance with the new standards established by the National Highway Safety Administration (NHTSA) effective in September 2004. The New Federal Motor Vehi ... Continue reading
FOR RELEASE: March 3, 2003 NEW YORK – General Motors today announced that it has completed the sale of GM Defense -- its former Light Armored Vehicle (LAV) business -- to General Dynamics Corporation for approximately $1.1 billion in cash. Proceeds from the sale will help GM to attain its previously communicated ... Continue reading
NASCAR - Matt Kenseth Wins UAW-DaimlerChrysler 400 Las Vegas
Unofficial results and race points awarded. 1. (17) Matt Kenseth, Ford, 180 2. (8) Dale Earnhardt Jr., Chevrolet, 180 3. (15) Michael Waltrip, Chevrolet, 170 4. ... Continue reading
SINGAPORE February 28, 2003; Tan Hwee Ann writing for Bloomberg reported that BMW said Asian sales rose 28 percent to a record last year, helped by gains in Japan and China. It expects to double regional sales in five years. Sales rose to 78,527 cars last year. The carmaker's 7-Series, which competes with Mercedes-Benz ... Continue reading
Ssangyong Motor February Sales 13,992 Units Up 30%
SEOUL March 3, 2003; Dow Jones reported that South Korea's Ssangyong Motor Co. Monday said its February auto sales jumped 30% on year to 13,992 units. It attributed the rise to continued robust local demand for its luxury sedan and the introduction of a new pickup truck model, Musso Sports. Local sales climbed 34% to 1 ... Continue reading
Daewoo February Sales Down 2.9%
SEOUL, March 3,2003; Reuters reported that GM Daewoo Auto & Technology Co, South Korea's third-largest automaker, said on Monday sales fell three percent to 34,311 units in February from a year earlier. Unlisted GM Daewoo said exports slipped to 22,642 units last month from 23,719 a year before. The auto maker gave no ... Continue reading
Toyota Executive:French Work Harder Than Britons, Americans
SINGAPORE March 2, 2003; Dow Jones reported that Toyota Motor Corp.'s French workers toil harder than their U.K. and U.S. counterparts because of the high levels of unemployment they face, according to a senior executive at the Japanese carmaker, the Financial Times reported on its Web site Monday. Toyota's French fact ... Continue reading
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