Andover, MA, April, 2008 â Omnify Software, a leading provider of Product Lifecycle Management (PLM) software for electronic, medical, mechanical, and defense manufacturers, today announces that Edge Products, a premier manufacturer of aftermarket performance electronics for the gas and diesel truck, and Jeep mark ... Continue reading
BorgWarner Board Authorizes Repurchase of 5 Million Shares
AUBURN HILLS, Mich., April 30 -- BorgWarner Inc. today announced that its board of directors has authorized the purchase of up to 5 million shares of the company's common stock. The new authorization was made in anticipation of exhausting the limited number of shares that remain available under the previous program aut ... Continue reading
TOLEDO, Ohio, April 30 -- Dana Holding Corporation will announce its 2008 first-quarter financial results on Wednesday, May 14, 2008. At 10 a.m. EDT, on that date, Executive Chairman John Devine, Chief Executive Officer Gary Convis, and Chief Financial Officer Ken Hiltz will host a conference call and supporting webcas ... Continue reading
Innovative Approach to Hybrid Vehicle Design Is Featured in U-M Short Course
ANN ARBOR, Mich., April 30/PRNewswire-USNewswire/ -- Participants in the unique short course "Design and Control of Hybrid Vehicles" set for May 28-30 at the University of Michigan in Ann Arbor will leave with new skills and tools that they can use to dynamically analyze, simulate, and design for hybrid vehicles. In ma ... Continue reading
ArvinMeritor Declares Quarterly Dividend on Common Stock
TROY, Mich., April 30 -- The ArvinMeritor, Inc. Board of Directors, at a meeting held on April 25, 2008, at its corporate headquarters in Troy, Mich., declared a quarterly dividend of 10 cents ($0.10) per share on the common stock of ArvinMeritor, payable June 9, 2008, to holders of record at the close of business on M ... Continue reading
Avis Budget Group Plans to Announce First Quarter 2008 Results on May 6
Conference Call to Discuss Results Planned for May 7, 2008 PARSIPPANY, N.J., April 30 -- Avis Budget Group, Inc. announced today that it plans to report its first quarter 2008 results after the market close on May 6, 2008 and host a conference call to discuss such results on May 7, 2008 at 9:00 a.m. Eastern time. Inves ... Continue reading
Coughlin Family honored for five years of fighting cancer
DELAWARE, OH. (April 30) â Ohio State University's Comprehensive Cancer Center -- Arthur G. James Cancer Hospital and Richard J. Solove Research Institute recognized the fifth anniversary of the JEGS Foundation "Racing for Cancer Research" program on April 29th by presenting a certificate of appreciation to the Co ... Continue reading
1. In Case You Missed It: Sarah Fisher, Brent Sherman teleconference: IndyCar Series driver Sarah Fisher and Firestone Indy Lights driver Brent Sherman were guests on todayâs Indy Racing League teleconference. Background on Sarah Fisher: Sarah Fisher is competing in her eighth season in the IndyCar Series. She wil ... Continue reading
Daimler to become new key shareholder in Tognum
Daimler AG aims to acquire EQT's 22.3% equity interest in Tognum AG and has entered into an agreement in this matter. The proposal on this matter has been approved by the Supervisory Board of Daimler AG today. ... Continue reading
1.8 TFSI now as entry-level engine in the Audi TT
- Audi is expanding the TT line with a new entry-level engine: the 1.8 TFSI. This highly efficient four-cylinder engine with turbocharger and direct injection, with 118 kW (160 hp) and 250 Nm (184.39 lb-ft) torque, lends the TT Coupé and TT Roadster sporty performance. ... Continue reading
Largest rookie class since 1997 Thirteen rookies are entered in the Indianapolis 500, the most since 1997 when the 13-member rookie class included Kenny Brack, Greg Ray and Sam Schmidt. Eight rookies have won the Indianapolis 500, including Helio Castroneves in 2001. Can a rookie take the checkered flag in 2008? The ne ... Continue reading
Go Green and Save on Fuel and Rental Costs with Auto Europe's Peugeot Open Europe Lease Program
PORTLAND, Maine, April 30 -- Auto Europe, a leader in European car rental services for over 52 years, also offers tremendous savings for long-term rentals, 17 days or longer, with their Buy Back Program featuring over 19 factory new Peugeot models. The new 2008 program includes new vehicle models and equipment that inc ... Continue reading
INDIANAPOLIS (April 29, 2008) â One of the best things about the nomadic racing schedule of the Advance Auto Parts World of Outlaws (WoO) Sprint Car Series is the challenge each stop presents. For Donny Schatz and the Tony Stewart Racing (TSR) team, the biggest challenge this year has been getting races in as Moth ... Continue reading
Canada Aims High Heading to Brands Hatch
Montréal, Canada (April 30, 2008) - The tenth round of the 2007-08 A1GP World Cup of Motorsport will play out in the United Kingdom this weekend as Kent's Brands Hatch Grand Prix Circuit hosts the season finale of the nation versus nation championship, Friday 2nd - Sunday 4th May. Having announced last week that Toron ... Continue reading
A1 TEAM USA carries strong momentum into Brands Hatch
KENT, EnglandâA1 TEAM USAâs late-season surge has vaulted it into contention to finish in the top-10 in the A1GP World Cup of Motorsport going into this weekendâs (May 2-4) 10th and final round at Brands Hatch. Jonathan Summertonâs victory in the previous round in the Feature race at Shanghai, China ... Continue reading
IMS OFFERING GENERAL ADMISSION SEASON TICKET TO THREE EVENTS
INDIANAPOLIS, Wednesday, April 30, 2008 â The Indianapolis Motor Speedway is offering a General Admission Season Ticket for all three of its world-class events in 2008, the 92nd Indianapolis 500, 15th Allstate 400 at the Brickyard and inaugural Red Bull Indianapolis GP. The season ticket provides gate admission fo ... Continue reading
THE GOO GOO DOLLS TO HEADLINE MILLER LITE ROCK N RACING CONCERT
INDIANAPOLIS, Wednesday, April 30, 2008 â Multi-platinum rock superstars The Goo Goo Dolls will perform a Miller Lite Rock âN Racing concert Saturday, July 26 at the Indianapolis Motor Speedway, capping a day full of action and excitement during the Allstate 400 at the Brickyard. The Goo Goo Dolls will take t ... Continue reading
Star Coaches Selects TireVigil(TM) Pro Tire Monitoring and Management System
TROY, Mich., April 30 -- TireStamp Corp. the leader in tire pressure monitoring and asset management solutions, today announced that after a 12 week trial Atlanta-based Star Coaches Inc. has selected TireStamp's TireVigil(TM) Pro system for monitoring the tires on its fleet of luxury motorcoaches. Star Coaches will rol ... Continue reading
TUCSON, Ariz., April 30 -- Anything Brands Online, Inc. (ABOL), (Pink Sheets: ANYT) announced today that it has completed the acquisition of Anything RV, Inc. (ARV) (http://www.anythingrv.com/) a Wyoming Corporation that is an Online Business serving commercial and retail RV and recreational markets. ARV, launched in 2 ... Continue reading
Press release: Bekaert announces its participation at Engine Expo 2008
Bekaert announces its participation at Engine Expo 2008 Live discussions on friction reducing DLC coatings at Bekaert booth 5502. Bekaert, worldwide leader in racing and automotive component coating solutions, announces today its participation at Engine Expo 2008 at booth 5502. Taking place in Stuttgart, Germany from 6 ... Continue reading
GM Reports Preliminary First Quarter 2008 Financial Results
DETROIT, April 30 -- - First quarter revenue of $42.7 billion - Positive adjusted automotive earnings before tax, with improvement of over $160 million - Positive reported automotive earnings before tax, down by $118 million - Adjusted net loss of $350 million, reported net loss of $3.3 billion - Continued strong resul ... Continue reading
TRW Reports First Quarter 2008 Financial Results; Revises Full Year Outlook
LIVONIA, Mich., April 30 -- TRW Automotive Holdings Corp. , the global leader in active and passive safety systems, today reported first-quarter 2008 financial results with sales of $4.1 billion, an increase of 16.2 percent compared to the same period a year ago. The Company reported first quarter net earnings of $94 m ... Continue reading
ICOP Wins Bid to Supply Digital In-Car Video to Law Enforcement Agency in Illinois County
LENEXA, Kan., April 30 -- ICOP Digital, Inc. , an industry-leading company engaged in advancing digital surveillance solutions, today announced that pursuant to its response to a Request for Proposal issued by one of the largest counties in Illinois, the Company has been notified that it has won the bid to equip the Co ... Continue reading
LOS ANGELES, April 30 -- Assistance League(R) of Southern California will present the 3rd Annual Los Angeles Concours d'Elegance at the Rose Bowl and adjacent Brookside Golf Course on June 1, 2008, in Pasadena, California. The event will showcase 300 extraordinary cars in elegant condition such as horseless carriages d ... Continue reading
MICHauto Sponsors Engineering Summit
SOUTHFIELD, Mich., April 30 -- MICHauto, an automotive business accelerator that advocates the Michigan automotive industry, announced today that it is sponsoring a first-of-its kind summit that will bring together Michigan university and college engineering program deans and OE and supplier engineering leaders to addr ... Continue reading
AAA Celebrates 80 Years of National Programs to Keep Motorists, Pedestrians Safe
ORLANDO, Fla., April 30 /PRNewswire-USNewswire/ -- This week marks the 80th anniversary of the establishment of AAA's national traffic safety programs, which have helped teach generations of children and adults how to be safer drivers and protect them from crashes. Well known as the nation's largest organization for mo ... Continue reading
Plug-In 1, First PHEV in Ohio, Will Appear at URE Annual Meeting
MARYSVILLE, Ohio, April 30 -- Union Rural Electric Cooperative (URE) will debut Plug-In 1, Ohio's first plug-in hybrid electric vehicle (PHEV), a converted 2008 Ford Escape SUV that can run on a rechargeable advanced battery and achieve 50-60 miles per gallon. It will make its appearance Saturday morning at the Co-op's ... Continue reading
MultiVu Video Feed: CarMax.Com "Quick Poll" Finds Consumers Often Misidentify Damage Indicators
Learn How to Spot Hidden Vehicle Damage NEW YORK, April 30 -- Most consumers do not know the biggest warning signs indicating a vehicle may have been in a major accident, according to a poll conducted by CarMax, Inc., the nation's largest retailer of used cars. Most respondents (72%) said that repainting the car is the ... Continue reading
Cooper-Standard Automotive Announces Date for Teleconference to Discuss 2008 1st Quarter Results
NOVI, Mich., April 30 -- Cooper-Standard Automotive will hold a conference call with investors on Wednesday, May 14, 2008, at 9:00 a.m. EDT to discuss its 2008 first quarter results, provide a general business update, and respond to investor questions. A news release detailing the company's results will be posted to th ... Continue reading
Land Rover: Celebrating 60 Years and Going Strong
IRVINE, Calif., April 30 -- 60 years ago today, a motoring icon made its public debut, when the original Land Rover was shown at a motor show in Amsterdam, on April 30, 1948. The current Defender is clearly descended from that first vehicle, known as a Series 1. Extraordinarily, they even share a couple of original par ... Continue reading
BMW Bank of North America Names New Execs
Woodcliff Lake, NJ - April 29, 2008... BMW Bank of North America, LLC has announced three new executive appointments at the BMW Bank of North America, based in Salt Lake City, Utah. "The BMW Bank of North America has grown steadily since it was formed in 1999. These management appointments address that growth and the d ... Continue reading
Dude,'It's Not Me Driving Dangerously - It's Them'
Survey reveals teen attitudes about friends' driving habits as well as their own ERIE, Pa., April 30 -- Despite the fact that auto crashes are the top killer of U.S. teens, a recent survey by Erie Insurance and Lookin' Out, the company's teen driving awareness program, reveals that most teens consider themselves to be ... Continue reading
LoJack Corp. Reports First Quarter 2008 Results
WESTWOOD, Mass., April 30 -- LoJack Corporation reported today that revenue for the first quarter ended March 31, 2008 declined 15% to $46.1 million, from $54.1 million in the same period a year ago. Net income was $1.0 million for the first quarter, compared to $6.1 million for the same period a year ago, and earnings ... Continue reading
Visteon Announces First Quarter 2008 Results
Highlights - Significant year-over-year improvement - Net loss narrows by $48 million - EBIT-R improves $97 million - SG&A reduced by $21 million - Affirms full-year 2008 EBIT-R and free cash flow guidance VAN BUREN TOWNSHIP, Mich., April 30, 2008 -- Visteon Corporation today announced results for first quarter 2008. F ... Continue reading
GM: We Lost $3.5Billion 1Q 2008 BUT Operations Beat Expectations - Complete Details
First quarter revenue of $42.7 billion Positive adjusted automotive earnings before tax, with improvement of over $160 million Positive reported automotive earnings before tax, down by $118 million Adjusted net loss of $350 million, reported net loss of $3.3 billion Continued strong results in emerging markets Liquidit ... Continue reading
DETROIT April 30, 2008; Kevin Krolicki and David Bailey writing for Reuters reported that General Motors Corp today posted a first-quarter loss due to a costly supplier strike, waning demand for its most profitable vehicles and charges related to struggling former subsidiaries, although results beat Wall Street expecta ... Continue reading
US Auto Retailers Struggle to Offset New Car Slump
DETROIT, April 29, 2008; Kevin Krolicki writing for Reuters reported that major U.S. auto retail groups on Tuesday posted quarterly results that underscore their mixed success in offsetting pressure from slumping new vehicle sales through sales of used cars, financing and service operations. Penske Automotive Group Inc ... Continue reading
Automotive Will Lead The "Green Tech" Revolution
Brussels April 29, 2008; Speaking today at an executive round-table session of the Cleantech Forum XVII in Brussels, Giles Hundleby, Ricardo UK Ltd project director for clean energy, set out the case that the automotive industry is uniquely placed to deliver the cross-industry technologies and skills in design, enginee ... Continue reading
Hyundai New Advertising Getting Results and Awards - VIDEO ENHANCED
by Marty Bernstein, AIADA Contributing Editor New ads and advertising campaigns from Hyundai North America are breaking the oldest axiom in the advertising business, âHalf my ad dollars donât work, I just donât know which half.â At the recently concluded New York International Auto Show, IAG Researc ... Continue reading
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