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May 2007

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Thursday, May 3, 2007

Arctic Cat Declares Quarterly Cash Dividend

Arctic Cat Declares Quarterly Cash Dividend

THIEF RIVER FALLS, Minn.--Arctic Cat Inc. today announced that its board of directors has declared a regular quarterly cash dividend of 7 cents per share of common and class B common stock. The dividend is payable on or about June 1, 2007, to shareholders of record as of the close of business on May 21, 2007. Arctic Ca ... Continue reading

Autoliv Declares Dividend and Holds Shareholders Meeting

Autoliv Declares Dividend and Holds Shareholders Meeting

STOCKHOLM, Sweden--Autoliv Inc. (STO:ALIV), the worldwide leader in automotive safety systems, today declared a dividend for the third quarter 2007 of 39 cents per share. The dividend will be payable on Thursday, September 6, 2007, to Autoliv stockholders of record on the close of business on Thursday August 9, 2007. T ... Continue reading

Baldor Electric Company 1st Quarter 2007 Results and Discussion

Baldor Electric Company 1st Quarter 2007 Results and Discussion

FORT SMITH, Ark., May 3 -- Baldor Electric Company markets, designs, and manufactures industrial electric motors, power transmission products, drives, and generators and is based in Fort Smith, Arkansas. Today Baldor announced unaudited results for the first quarter of 2007. 1st Quarter % 2007 2006 (in thousands except ... Continue reading

Bulletin from the Annual General Meeting of Scania AB And the Statutory Board Meeting, 3 May 2007

Bulletin from the Annual General Meeting of Scania AB And the Statutory Board Meeting, 3 May 2007

SODERTALJE, Sweden--Scania AB (STO:SCVA) (STO:SCVB): The Annual General Meeting (AGM) approved a dividend of SEK 15.00 per share and set Wednesday, 9 May 2007 as the record date. The dividend is expected to be sent on Monday, 14 May 2007. The AGM also approved the implementation of a 5:1 split and transfer of assets th ... Continue reading

Creaform Inc and InnovMetric Software Inc sign a Global Agreement for the distribution of the PolyWorks software suite

Creaform Inc and InnovMetric Software Inc sign a Global Agreement for the distribution of the PolyWorks software suite

QUEBEC, Canada, May 3 -- Creaform Inc, a research, development, services, and laser scanning technologies center for reverse engineering and inspection, proudly announces a global partnership agreement with InnovMetric Software Inc., creator of the PolyWorks software suite, for the distribution of a combined Handyscan ... Continue reading

DealerTrack Holdings Reports First Quarter 2007 Financial Results

DealerTrack Holdings Reports First Quarter 2007 Financial Results

LAKE SUCCESS, N.Y., May 3 -- DealerTrack Holdings, Inc. today reported financial results for the quarter ended March 31, 2007. Results for First Quarter 2007 GAAP Results -- Revenue for the quarter was $51.7 million, a 36 percent increase from $37.9 million for the first quarter of 2006. -- GAAP net income for the quar ... Continue reading

DURA Automotive Evaluates Strategic Alternatives for Atwood Group

DURA Automotive Evaluates Strategic Alternatives for Atwood Group

ROCHESTER HILLS, Mich.--DURA Automotive Systems, Inc. (Pink Sheets:DRRAQ), today announced that it is exploring strategic alternatives for its Atwood Mobile Products division, headquartered in Elkhart, Indiana. DURA has engaged Miller Buckfire as its exclusive financial advisor in connection with the strategic evaluati ... Continue reading

GEICO Honors Corporate Quality Award Winners for Their Outstanding Innovations

GEICO Honors Corporate Quality Award Winners for Their Outstanding Innovations

WASHINGTON--This week GEICO honored the winners of the company’s 14th annual Corporate Quality Awards for achieving outstanding results and success with their innovations in the work place. “Our three objectives when we start process reviews,” said Executive Vice President Bill Roberts, who presented the awards, ... Continue reading

GM and Daimler Chrysler Approve ARC Manufacturing Welder

GM and Daimler Chrysler Approve ARC Manufacturing Welder

FOR IMMEDIATE RELEASE arc manufacturing's Hybrid spot welder receives oem approval by General Motors and Daimler Chrysler SPOKANE, WA - April 25, 2007 - General Motors and Daimler Chrysler are the first to approve ARC Manufacturing's New Model 1250 Hybrid Spot Welder. ARC Manufacturing, an American family owned company ... Continue reading

Going Green Means Saving Green For Midwest Contractor

Going Green Means Saving Green For Midwest Contractor

ST. LOUIS--Fred Weber, Inc., a major highway contractor and aggregate producer located in greater St. Louis has gone “green” protecting both the environment and the Company pocketbook, by beginning to install Combustion Catalyst Systems (CCS) on its fleet of diesel equipment. While the system is designed to reduce ... Continue reading

J.B. Poindexter & Co., Inc. Announces First Quarter 2007 Unaudited Earnings and Conference Call

J.B. Poindexter & Co., Inc. Announces First Quarter 2007 Unaudited Earnings and Conference Call

HOUSTON--J.B. Poindexter & Co., Inc. which owns and operates primarily transportation related manufacturing businesses including Morgan Corporation, Morgan Olson Corporation, Truck Accessories Group, Inc., and its Specialty Manufacturing Division released unaudited revenues and earnings for the three month and year to ... Continue reading

Lear's Premium Sound Systems Featuring Dirac Live(TM) Technology to be Demonstrated at AES Pro Audio Expo and Convention in Vienna

Lear's Premium Sound Systems Featuring Dirac Live(TM) Technology to be Demonstrated at AES Pro Audio Expo and Convention in Vienna

SOUTHFIELD, Mich., May 3 -- Lear Corporation and Dirac Research AB today announced that they will display their latest innovations in premium sound systems for the automotive market in Booth 1635 at the 2007 Audio Engineering Society's (AES) Pro Audio Expo and Convention in Vienna, Austria from May 5 - 8, 2007. (Logo: ... Continue reading

Research and Markets: Get An In-Depth Company Profile For Nissan Motor Co Ltd Ranked 29th In The 2005 Fortune Global 500

Research and Markets: Get An In-Depth Company Profile For Nissan Motor Co Ltd Ranked 29th In The 2005 Fortune Global 500

DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/reports/c55885) has announced the addition of “Nissan Motor Co Ltd - Company Profile and Executive Databank” to their offering. This report provides an in-depth company profile for Nissan Motor Co Ltd ranked 29th in the 2005 Fortune Global 500 ... Continue reading

TxDOT Kicks Off Annual Click It or Ticket Campaign

TxDOT Kicks Off Annual Click It or Ticket Campaign

SAN ANTONIO--Texas is mounting its most ambitious campaign ever to remind drivers and passengers to buckle up or pay the consequences. Over the past week and a half, larger-than-life Click It or Ticket messages have popped up on landmarks from one end of Texas to the other, including Amarillo’s Cadillac Ranch, the Sa ... Continue reading

UnitedAuto Announces Quarterly Dividend

UnitedAuto Announces Quarterly Dividend

BLOOMFIELD HILLS, Mich.--United Auto Group, Inc. , an international automotive retailer, today announced that its Board of Directors has approved a quarterly dividend of $0.07 per share payable on June 1, 2007, to shareholders of record on May 11, 2007. United Auto Group, Inc., headquartered in Bloomfield Hills, Michig ... Continue reading

Universal Technical Institute to Present at the Bank of America Smid Cap Conference

Universal Technical Institute to Present at the Bank of America Smid Cap Conference

PHOENIX, May 3 -- Universal Technical Institute Inc. , a provider of technical education training, will be presenting at the Bank of America Smid Cap Conference in Boston on Wednesday, May 16, 2007, at 11:20 a.m. Eastern time. This live presentation can be accessed through the UTI website at www.uticorp.com or at http: ... Continue reading

Volvo Invites You to Join The Hunt!

Volvo Invites You to Join The Hunt!

ROCKLEIGH, N.J.--Volvo literally has gone overboard in the second year of its promotion of Disney’s Pirates of the Caribbean movie franchise, and has sunk a chest filled with $50,000 worth of gold doubloons plus the key to a brand new Volvo XC90 to the ocean depths, “Somewhere in the World.” Anyone hardy enough t ... Continue reading

`California Penalty' Reaches $7 to $15 Per Fill-Up, Oil Companies Sever Link Between Oil Prices and Pump Prices

`California Penalty' Reaches $7 to $15 Per Fill-Up, Oil Companies Sever Link Between Oil Prices and Pump Prices

SANTA MONICA, Calif., May 3 /PRNewswire-USNewswire/ -- A report commissioned by the Foundation for Taxpayer and Consumer Rights shows a sharply higher (and still growing) gap between crude oil prices and gasoline prices -- and between pump prices in California and the rest of the nation. The study, conducted by oil ana ... Continue reading

Survey Shows RV Travel Will Rise This Spring/Summer

Survey Shows RV Travel Will Rise This Spring/Summer

RESTON, Va., May 3 -- Recreation vehicle owners are pumped up about the upcoming travel season and plan to use their RVs more this spring/summer than they did last year, according to a new study. Despite fluctuating fuel prices, the latest biannual Campfire Canvass survey of RV owners, conducted by the Recreation Vehic ... Continue reading

Edmunds.com Announces Consumers' Most Wanted Vehicle Awards for 2007 - Editors and Readers Disagree on 3 out of 4 Choices

Edmunds.com Announces Consumers' Most Wanted Vehicle Awards for 2007 - Editors and Readers Disagree on 3 out of 4 Choices

SANTA MONICA, Calif.--Edmunds.com, the premier online resource for automotive information, today announced the winners of the sixth annual Edmunds.com Consumers' Most Wanted vehicle awards. "These awards provide a good idea of what consumers are looking for in their next vehicle," said Karl Brauer, Editor in Chief of E ... Continue reading

AAA's Disney Week Prepares for Summer Travel

AAA's Disney Week Prepares for Summer Travel

DEARBORN, Mich., May 3 -- When the destination is Disney, nobody beats AAA Travel, and during the week of May 7 - 12, Michiganians are in for lots of incentives to pack their bags and head south. AAA Travel books more Disney vacations than any other travel agency, which provides it the buying power to offer savings and ... Continue reading

NHRA (ST. LOUIS) - WJ TESTS PRIOR TO GATEWAY...

NHRA (ST. LOUIS) - WJ TESTS PRIOR TO GATEWAY...

WJ Tests to Improve his Grade in Madison GM Performance Parts GTO crew looks to build on Atlanta final round finish Sugar Hill, Ga., May 3, 2007 - Fifteen hours after their stirring runner-up finish in last week's race, Warren Johnson and the GM Performance Parts GTO Racing team were back at Atlanta Dragway making nume ... Continue reading

NHRA (ST. LOUIS) - KJ READY FOR GATEWAY

NHRA (ST. LOUIS) - KJ READY FOR GATEWAY

Race drivers are often known to use colorful phrases to describe their cars' on-track behavior. When things are going well, these references can be absolutely glowing, ensuring all that are listening understand how good this particular vehicle may be working. However, if a team is struggling to make their race car perf ... Continue reading

NHRA (GLENDORA) - OFFICIAL SPONSOR OF NHRA XPLOD SPORT COMPACT RACING SERIES NAMED

NHRA (GLENDORA) - OFFICIAL SPONSOR OF NHRA XPLOD SPORT COMPACT RACING SERIES NAMED

NHRA officials announced a long-term agreement with Nelson Hoyos’ driving school, Driven2Win, as the official drag racing school of the NHRA Xplōd Sport Compact Racing Series. “Driven2Win offers an in-depth comprehensive program to help educate sport compact competitors on the many facets of drag racing, ... Continue reading

INDYPRO (INDYANAPOLIS) - GUTHRIE RACING TESTING NOTEBOOK

INDYPRO (INDYANAPOLIS) - GUTHRIE RACING TESTING NOTEBOOK

JIM GUTHRIE QUOTE ON INDY TEST: “What do they say about failure? ‘Sometimes failure is just another key step to the process of success.’ Or didn’t Thomas Edison say something like, ‘I’ll show you a thousand ways how not to make a light bulb and one way to make one.’ That’s how I ... Continue reading

NHRA (ST. LOUIS) - DENSHAM READY....

NHRA (ST. LOUIS) - DENSHAM READY....

For veteran Funny Car driver Gary Densham, Gateway International Raceway offers an opportunity to show NHRA Drag Racing fans and supporters just what a former high school shop teacher can do when its time to succeed. Success is measured by how you deal with challenges,�?? Densham said. ... Continue reading

NHRA (ST LOUIS) - Enders keying on better lights for better race results

NHRA (ST LOUIS) - Enders keying on better lights for better race results

As close as the Pro Stock class is each week, third-year Pro Stock driver Erica Enders knows first-hand how elimination rounds are won and lost at the starting line. As such, the category's most decorated female racer as been working overtime to sharpen her starting line skills. "I look back over the first few races an ... Continue reading

NASCAR NNCS (DAYTONA) - SEASON IN REVIEW (MAY 3)

NASCAR NNCS (DAYTONA) - SEASON IN REVIEW (MAY 3)

SEASON IN REVIEW – AN ONGOING LOOK AT THE 2007 SEASON Six drivers have won NASCAR NEXTEL Cup Series races this season, potentially earning 10 valuable bonus points for each victory. If those drivers make the Chase for the NASCAR NEXTEL Cup, their “seedings” entering the Chase will be determined by the nu ... Continue reading

Big Foot, Unicorns, and Pro-Trade Democrats

Big Foot, Unicorns, and Pro-Trade Democrats

By Dan Ikenson Associate Director for the Center for Trade Policy Studies at Cato Institute This article originally appeared in National Review Online on April 18, 2007 Since last November’s elections, Democratic leaders have been asserting that, despite the hostile rhetoric of their rank and file, they view trade ... Continue reading

Volkswagen Profit Energizes Future Plans

Volkswagen Profit Energizes Future Plans

Washington DC May 3, 2007; The AIADA newsletter reported that Volkswagen's positive first-quarter results were exactly what Porsche Chief Executive Wendelin Wiedeking had in mind when he took a controlling stake in the German automaker last year. Business Week reports that VW's operating profit for the first three mont ... Continue reading

Porsche's Stake in Volkswagen Goes to 31%

Porsche's Stake in Volkswagen Goes to 31%

Washington DC May 3, 2007; The AIADA newsletter reported that Germany's financial regulators have approved automaker Porsche's required takeover offer for Volkswagen, which it was obligated to make after acquiring more than 30% in the company, Porsche said Monday. Porsche has said it doesn't plan to acquire Volkswagen ... Continue reading

Carmakers to Address Congress Today on Fuel Bill

Carmakers to Address Congress Today on Fuel Bill

Washington DC May 3, 2007; The AIADA newsletter reported that hoping to de-rail a tough fuel economy bill going up for a Senate committee vote next week, automakers today will urge Congress not to raise fuel efficiency standards. The Detroit News reports that at a hearing of the Senate Commerce Committee today, the hea ... Continue reading

New Survey: Driving Safety is Parents' Greatest Concern for Teens on Prom Night

New Survey: Driving Safety is Parents' Greatest Concern for Teens on Prom Night

- Overall, parents of teens worry most about driving safety and motor vehicle crashes - DaimlerChrysler's Road Ready Teens (www.roadreadyteens.org) offers simple steps for parents to implement at home to help ease teens into driving - Free program features StreetWise Version 2.0 -- an online video game that allows teen ... Continue reading

Toyota's 'Lean' Success

Toyota's 'Lean' Success

Washington DC May 3, 2007; The AIADA newslettter reported that auto industry experts and consultants who prescribe to the no-waste business regimen known as lean manufacturing, are cheered by Toyota's recent leap to become the world's number one carmaker. The publicity about Toyota becoming No. 1 will create another bu ... Continue reading

The Top Gas Guzzlers of 2007

The Top Gas Guzzlers of 2007

Washington DC May 3, 2007; The AIADA newsletter reported that Forbes has compiled a list of the top gas guzzling autos available for sale in the U.S., and the results are head turning. It seems that when it comes to the market's least fuel-efficient cars, what costs us cash at the pump also draws stares at the stopligh ... Continue reading

Electric Car Manufacturer Shandong Jindalu Plants 1,000 Trees With ZAP in China

Electric Car Manufacturer Shandong Jindalu Plants 1,000 Trees With ZAP in China

LING XIAN, China--Chinese electric car pioneer Shandong Jindalu planted 1,000 trees in China as part of a US-China joint venture with ZAP (OTCBB:ZAAP) of the United States. Employees of Shandong Jindalu recently completed the project in honor of Earth Day 2007 to plant 1,000 trees in the city of Ling Xian, near the fac ... Continue reading

BIKES (SOUTH DAKOTA)- Sturgis Motorcycle Museum & Hall of Fame, Inc. appoints Hines to Board of Directors

BIKES (SOUTH DAKOTA)- Sturgis Motorcycle Museum & Hall of Fame, Inc. appoints Hines to Board of Directors

SPEARFISH, SD, May 2.2007; Sturgis Motorcycle Museum & Hall of Fame, Inc. proudly announces that Kennon D. (Ken) Hines, Vice President of Business Development and Customer Support, Lehman Trikes USA, Inc. has been appointed to its Board of Directors. Hines is a dedicated advocate of the motorcycle industry and the spor ... Continue reading

Russia and the Middle East Lead Chrysler Group Sales Growth Outside North America

Russia and the Middle East Lead Chrysler Group Sales Growth Outside North America

AUBURN HILLS, Michigan and STUTTGART, Germany, May 3 -- - April 2007 sales outside North America were up 17 percent over same month last year and marked the best April in 10 years - Unprecedented 23 consecutive months of year-over-year sales gains - Year-to-date sales increased 14 percent over the same period in 2006 - ... Continue reading

Tele Atlas Selected to Power Garmin Navigation Devices

Tele Atlas Selected to Power Garmin Navigation Devices

First Products to Launch in Growing Asia Pacific Region 'S-HERTOGENBOSCH, Netherlands, May 3 -- Tele Atlas (FSE: TA6, EUNV: TA), a leading global provider of digital maps and dynamic content for navigation and location based solutions, today announced it has signed an agreement with Garmin International, Inc., a unit o ... Continue reading

Ducati Motor Holding Announces the Resignation of Mr.Roberto Maestroni as Director of the Company and Co-option of Mr.Gabriele Del Torchio

Ducati Motor Holding Announces the Resignation of Mr.Roberto Maestroni as Director of the Company and Co-option of Mr.Gabriele Del Torchio

Vesting of Executive Powers BOLOGNA, Italy, May 2 -- Pursuant to Article 114 of Legislative Decree no. 58 of February 22, 1998 (as amended), and of Article 66 of the Regulation adopted by Consob pursuant to resolution no. 11971 of May 14, 1999 (as amended) and of Article IA2.9.7 of the Instructions accompanying the Rul ... Continue reading

BorgWarner Breaks Ground for Second Dual-Clutch Production Plant in Germany

BorgWarner Breaks Ground for Second Dual-Clutch Production Plant in Germany

AUBURN HILLS, Mich., May 2 -- Driven by growing global demand for its dual-clutch transmission technology, known as DualTronic(R), BorgWarner Transmission Systems has broken ground for a second manufacturing facility at its Drivetrain campus in Arnstadt, Germany. When completed in November, it will double the manufactu ... Continue reading

GM Chairman & CEO Rick Wagoner to be Keynote Speaker on May 17 at Inforum Annual Meeting

GM Chairman & CEO Rick Wagoner to be Keynote Speaker on May 17 at Inforum Annual Meeting

DETROIT, May 2 -- Inforum, Michigan's premier organization for business women, presents keynote speaker Rick Wagoner, GM chairman and CEO, at its Annual Meeting on May 17. This event will offer the public a rare opportunity to hear Wagoner, one of the most important automotive leaders of our time, share his views about ... Continue reading

A New Non-Contact Sensing Solution for Load, Force, or Weightfrom Methode’s Magna-Lastic Devices, Inc.

A New Non-Contact Sensing Solution for Load, Force, or Weightfrom Methode’s Magna-Lastic Devices, Inc.

CHICAGO--Magna-Lastic Devices, Inc. (MDI), a Methode Electronics, Inc. company, announces a new application of its non-contact sensor that measures load, force or weight, serving a wide variety of markets including industrial and automotive. This new sensor application was developed using Magna-Lastic Devices’ pat ... Continue reading

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