2005 NAIAS - Steve Purdy's Trends and Highlights
By Steve Purdy, Detroit Bureau SHOW TRENDS This year’s North American International Auto Show press days, attended by more than 6,500 journalists from all over the world, was serious business. The challenges of continued market fragmentation, cost containment and globalization have industry players on their toes ... Continue reading
Chinese Auto maker to export cars to US
HEFEI, Jan. 31 (Xinhuanet) -- The Chinese auto maker Chery Automobile Co. announced here that it has signed an agreement witha U.S, company to export 250,000 Chery-series cars to the United States a year, starting in 2007. The upstart Chinese auto producer based in east China's Anhui province, said it has an agreement ... Continue reading
Bridgestone Americas to Build New Tire Plant in Mexico
Tokyo Janyary 31, 2005; (JCNN) - Bridgestone has announced that its US subsidiary Bridgestone Americas will build a new tire plant in Nuevo Leon, Mexico. The new plant, which will have Bridgestone's proprietary production system BIRD (Bridgestone Innovative and Rational Development) deployed, will produce radial tires ... Continue reading
Paragon Technologies' Ermanco Brand Awarded a $725,000 Contract
EASTON, Pa., Jan. 31 -- Paragon Technologies, Inc. (AMEX:PTG) , a leading supplier of "smart" material handling solutions, including systems, technologies, products and services, announced today that its Ermanco brand has received an order for approximately $725,000 to design and build a state-of-the-art tire and rim a ... Continue reading
DETROIT, Jan. 31 -- Winner of the North American Car of the Year and the big hit of '04, but if you're wondering what the Chrysler 300C has done lately, check out this week's issue of TheCarConnection.com for the first review of the new, super-Hemi-powered, 425-hp Chrysler 300C SRT-8. The all-new BMW 330i highlights th ... Continue reading
Navistar and LRN Partner on Comprehensive Legal, Compliance, and Ethics Education
WARRENVILLE, Ill. and LOS ANGELES, Jan. 31 -- Navistar International Corporation(R) , The nation's largest combined commercial truck, school bus and mid-range diesel engine producer, and LRN(R), the provider of online legal, compliance and ethics education and corporate governance services, announced today that they ha ... Continue reading
Press Release for Automotive Charity
The Car Santa Is Coming to Town In 1996 a man in Kansas City, known today as the Car Santa, started giving away some big Christmas presents. Presents that would not fit under the tree. The first year the Car Santa gave six cars to some very deserving people on Christmas Eve. He has given away hundreds of vehicles since ... Continue reading
United Solar Ovonic Signs Two-Year Agreement With Conergy AG for 1.5 MW of Photovoltaic Products
Agreement to expand sale of UNI-SOLAR(R) products in France, Greece, Spain and Switzerland AUBURN HILLS, Mich., Jan. 31 -- United Solar Ovonic LLC, a wholly owned subsidiary of Energy Conversion Devices, Inc. (ECD Ovonics) , announced today that it has signed a two-year distribution agreement with Conergy AG of Germany ... Continue reading
LAGUNA NIGUEL, Calif., Jan. 31 -- Bankers Integration Group (BIG), Inc., headquartered here, announced today that ACC Consumer Finance, LLC, is joining the expanding list of lenders available on its state of the art decision engine BIGFNI(TM), which approves auto loans in real time for auto dealers. The announcement ca ... Continue reading
ATTIK's Scion Spots Score New York Festivals' Gold and Silver World Medals
SAN FRANCISCO, Jan. 31 -- Global creative agency ATTIK today proudly announced that several of the spots from their ongoing cross-platform advertising campaign for Scion -- the new line of vehicles from Toyota Motor Sales, U.S.A., Inc. for which ATTIK serves as creative agency of record -- have been honored in the New ... Continue reading
Progressive Announces Record Dates - Annual Meeting and 1st Quarter Dividends
MAYFIELD VILLAGE, Ohio--Jan. 31, 2005--The Board of Directors of The Progressive Corporation on January 29, 2005 fixed the close of business on February 17, 2005 as the record date for the determination of shareholders entitled to notice of and to vote at the Annual Meeting of Shareholders scheduled to be held on April ... Continue reading
Rockwell Automation to Present at Lehman Brothers Conference
MILWAUKEE--Jan. 31, 2005--Rockwell Automation, Inc. Chairman-elect and CEO Keith Nosbusch will be presenting at the Lehman Brothers Industrial Select Conference in Florida on Thursday, February 3. Nosbusch will reaffirm that the company expects fiscal 2005 diluted earnings per share from continuing operations in the ra ... Continue reading
Timken to Modify Specialty Steel Pricing Policy
LATROBE, Pa., Jan. 31 -- Timken Latrobe Steel, a subsidiary of The Timken Company, announced that it is changing its pricing policy to "price in effect at time of shipment" to select market segments, effective with shipments on April 1, 2005. Timken Latrobe Steel will temporarily suspend its cancellation charge of 50 p ... Continue reading
Good Housekeeping Institute Honors Chrysler PT Cruiser
Chrysler PT Cruiser is 'What Women Want' * Safety, Durability, Value and Performance Earn Chrysler PT Cruiser Premium Compact Car Honor * Chrysler PT Cruiser Only Domestic Vehicle to Win its Segment * More than 40,000 Female New Vehicle Owners Surveyed by Good Housekeeping, J.D. Power and Associates AUBURN HILLS, Mich. ... Continue reading
Decision, Among Highest of its Kind, Affirms New York State Law that Holds Rental Car Companies Responsible for the Negligence of the Operators of Their Rented Vehicles NEW YORK, Jan. 31 -- The New York State Supreme Court entered judgment today against Budget Rent A Car for $20.3 million, following the company's and i ... Continue reading
FORT WORTH, Texas--Jan. 31, 2005--AmeriCredit Corp. today unveiled the most comprehensive auto remarketing program of its kind -- the AmeriCredit Advantage -- which guarantees that certain AmeriCredit vehicles offered at auction are premium quality and "frontline ready." After a rigorous inspection of the interior, ext ... Continue reading
RICHARDSON, Texas--Jan. 31, 2005--Remote Dynamics, Inc. , a leading provider of telematics-based management solutions for commercial fleets, today announced the company has signed a lease program agreement with Lease Corporation of America to offer an equipment-financing alternative to Remote Dynamics' customers. "Remo ... Continue reading
Edmunds.com to Provide Enhanced Automotive Photography to Car Industry
Hyundai Becomes First Automaker to Place Order; Reynolds and Reynolds, Dealer.com, HomeNet and XIGroup to Distribute Enhanced Imagery for Dealership Web Site Use NEW ORLEANS, Jan. 31 -- Edmunds.com (http://www.edmunds.com/), the premier online resource for automotive information, today announced the launch of its enhan ... Continue reading
States Unite to Promote SUV Safety With $27 Million Public Education Campaign
New mascot created to engage target audiences NEW YORK, Jan. 31 -- Driving a sport utility vehicle as if it were an ordinary passenger car can be fatal. In 2000, rollover crashes killed 9,873 occupants of passenger cars and light trucks, almost one-third of the total deaths of occupants of these types of vehicles. Desp ... Continue reading
AXCESS Active RFID Automatic Gate Control Solution Installed in NY Gated Community
Momentum Shown with AXCESS Distributor - Perimeter Access; Utilizes 200 Active Tags to Provide a Truly Automatic, Hands-free Vehicle Access Solution DALLAS, Jan. 31 -- AXCESS International Inc. (BULLETIN BOARD: AXSI.OB) , a leading provider of Active Radio Frequency Identification (RFID) systems today announced that Pe ... Continue reading
SANTA CLARA, Calif.--Jan. 31, 2005--Johnson Controls, Inc. , a leading manufacturer of automotive systems and building controls, has signed an agreement to extend and expand its Global Managed Network Services relationship with Nortel (TSX:NT) for six years through 2010. The Nortel services solution positions Johnson C ... Continue reading
Lear to Webcast Presentation at Lehman Brothers Twenty-Second Annual Industrial Select Conference
SOUTHFIELD, Mich., Jan. 31 -- Lear Corporation will webcast its management presentation at the Lehman Brothers Twenty-Second Annual Industrial Select Conference on Tuesday, February 1, 2005. The webcast begins at 2:55 p.m. EST and will run approximately 45 minutes. Interested parties can access a live audio webcast of ... Continue reading
WARRENVILLE, Ill.--Jan. 31, 2005--Navistar International Corporation , the nation's largest combined commercial truck and mid-range diesel engine producer, announced today that it cannot timely file its Form 10-K for the fiscal year ended October 31, 2004 within the extended filing deadline. Both Navistar and its finan ... Continue reading
New Lincoln Electric Compact Robotic eCell(TM) Provides Cost-Effective Welding Solution
- Pre-engineered robotic platform offers quality, reliability and added safety - Dual fixed table workstation is designed for small- to medium-sized parts - Optimized layout for maximum flexibility while minimizing floor space CLEVELAND, Jan. 31 -- For fabrication shops looking to dramatically enhance welding productiv ... Continue reading
NMDA Initiates Numerous Manufacturer Partnership Negotiations at V-Twin Expo
SCOTTSDALE, Ariz.--Jan. 31, 2005--The National Motorcycle Dealers Association, a subsidiary of MBA Holdings, Inc. (OTCBB:MBAH), just concluded a highly successful weekend as an exhibitor at the V-Twin Expo, the prominent motorcycle industry trade show in Cincinnati hosted by EasyRiders, a leading motorcycle magazine pu ... Continue reading
CONCORD, Mass.--Jan. 31, 2005-- 3D Models Enable Brainstorming of Radical and Beautiful Designs on Mega Hit Discovery Channel TV Show Orange County Choppers, the custom motorcycle shop popularized on the Discovery Channel show "American Chopper," uses SolidWorks(R) software to design the sweeping exhaust pipes, daring ... Continue reading
STAT-A-MATRIX Re-Opens Their Detroit Office
DETROIT, Jan. 31 -- STAT-A-MATRIX Inc., a division of The SAM Group, has re-opened their Detroit area office. "STAT-A-MATRIX has been providing process improvement and business management solutions to the automotive industry for over 30 years," states Alan Marash, President of STAT- A-MATRIX. "We see significant growth ... Continue reading
NEWTON, Mass.--Jan. 31, 2005--IMN (iMakeNews, Inc.) today launched a breakthrough online "Buy Signal Service" that quickly alerts auto dealers when a customer is getting ready to buy a new car--giving them the chance to immediately respond. The IMN service provides dealers with actionable information about their most p ... Continue reading
2005 NADA: Cars.com Releases Results of 2005 Online Advertising Study
Merchandising Very Important to Dealerships' Evolving Online Advertising Strategies CHICAGO, Jan. 31 -- Cars.com reports 65 percent of dealerships have changed their purpose for advertising online with third-party providers in the past year, based on the category's improved ability to drive traffic and directly impact ... Continue reading
Porsche Approved Certified Pre-owned Vehicles to Undergo New Inspection Process
ATLANTA--Jan. 31, 2005--Vehicle Inspection Services (VIS), one of the largest full-service vehicle inspection companies in North America, today announced an agreement with Porsche Cars North America, Inc. (PCNA) to conduct dealership compliance audits for the PCNA Certified Pre-Owned Vehicle Program. The VIS Certified ... Continue reading
2005 NADA: Isuzu's Announcements at the Convention
January 31, 2005 NEW ORLEANS, Jan. 31 -- Officials of Isuzu Motors America, Inc. met with their franchised dealers at the National Automobile Dealer Association (NADA) convention here today. J. Terry Maloney, president of Isuzu Motors America, Inc. announced today that the company will be adding the i-Series pickup tru ... Continue reading
Isuzu Motors America Announces i-Series Pickup
CERRITOS, Calif., Jan. 31 -- Isuzu Motors America, Inc., announced today that it will be adding the i-Series pickup to its lineup of sport utility vehicles for the 2006 model year. The i-Series will come in two models. The i-280 4x2 Extended Cab will be equipped with a 2.8-liter inline four-cylinder engine, with either ... Continue reading
The 2005 Philadelphia International Auto Show Zooms Into Town With 'First-Ever' Exhibits
The Area's Largest New Car 'Showroom' to Feature Tuner Car Salon with Celebrity Vehicles PHILADELPHIA, Jan. 31 -- Over 700 vehicles from more than 40 different manufacturers will be on display at this year's Philadelphia International Auto Show which parks at the Pennsylvania Convention Center from February 5 through 1 ... Continue reading
Toyota Emphasizes Environmental Innovation in Latest Corporate Ad
Features 'Green' Building at Toyota Sales Headquarters NEW YORK, Jan. 31 -- Toyota Motor North America, Inc. today announced that Toyota Motor Sales, U.S.A (TMS) will be featured in the fifth print execution of its corporate advertising campaign. Launched in July 2004, the campaign focuses on the theme of "Good Busines ... Continue reading
2005 NADA: USED SALES: CERTIFIEDS UP, OTHERS DOWN
Certified used-car sales rev up. January 30, 2005— Auto Executive magazine reporteds that dealers’ certified used-vehicle sales grew 7 percent last year—a bright spot in an otherwise-tough year for franchised dealers’ used-car departments, Manheim chief economist Tom Webb said at a press confere ... Continue reading
2005 NADA: ONSTAR, STABILITRAK SET FOR ALL GM VEHICLES
January 30, 2005—OnStar and StabiliTrak will be standard equipment on all GM retail vehicles, executives told dealers at the GM franchise meeting today. The rollout starts this year and will be completed in 2010. The first year of OnStar safety and security service is included on all vehicles with the service. &# ... Continue reading
NADA: NEW-CAR SALES WILL BE FLAT IN ‘05
NADA chief economist Paul Taylor January 30, 2005—“Growth in the new-car sales market will move from 16.86 million in 2004 to only 16.9 million in 2005,” predicted NADA chief economist Paul Taylor, as part of a steadily upward trend spurred by increased vehicle choices and affluence, and “that s ... Continue reading
JATO Selected by Vehix.com as Data Supplier for New Consumer and Dealer Websites
TROY, Mich., Jan. 31 -- JATO Dynamics announced today that it has been selected by Vehix.com, a leading automotive sales program and portal that provides consumers with a one-stop source of vehicle research information to facilitate the purchase process, as its data supplier for the company's new Vehix.com consumer and ... Continue reading
Visteon Releases Preliminary Fourth Quarter and Full Year 2004 Results
2004 Highlights * Non-Ford revenue tops $5.7 billion, up 36 percent * Full year revenue of $18.7 billion * Strong new business wins continue in growth products * Constructive, ongoing discussions with Ford VAN BUREN TOWNSHIP, Mich., Jan. 31 -- Visteon Corporation today announced preliminary fourth quarter and full year ... Continue reading
XM Satellite Radio and Nissan North America Announce Long-Term Data Services Agreement
WASHINGTON, Jan. 31 -- XM Satellite Radio , America's number one satellite radio service with more than 3.2 million subscribers, today announced that Nissan North America, Inc., has chosen XM to supply satellite-delivered data and telematics services, such as in-vehicle messaging and XM NavTraffic, which delivers curre ... Continue reading
PHILADELPHIA--Jan. 31, 2005--The Pep Boys - Manny, Moe & Jack , the nation's leading full-service automotive aftermarket chain, announced that following a review of its lease-related accounting policies, the Company is correcting its computation of depreciation, straight-line rent expense and the related deferred rent ... Continue reading
ArvinMeritor Reports Fiscal Year 2005 First-Quarter Results
TROY, Mich., Jan. 31 -- ArvinMeritor, Inc. today reported financial results for its first fiscal quarter, ended Dec. 31, 2004. (Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO ) * Sales of $2.1 billion, up nine percent from the same period last year * Commercial Vehicle Systems (CVS) sales and operating pr ... Continue reading
Alcoa Completes Acquisition of Russian Fabricating Facilities
NEW YORK & MOSCOW--Jan. 31, 2005--Alcoa today announced it has completed the acquisition from RUSAL of two fabricating facilities in Samara and Belaya Kalitva in the Russian Federation for $257 million in cash. "These plants have unique capabilities, a wide product breadth and a very capable workforce," said Alain Beld ... Continue reading
Its All in the Family: Suzuki to Move Production of Wagon R to Opel Poland plant
TOKYO, Jan 31, 2005; Reuters reported that Japan's Suzuki Motor Corp. will transfer production of its Wagon R+ model, now built in Hungary, to Opel's assembly plant in Poland at the end of February, a spokesman said on Monday. Suzuki, a maker of small cars owned one-fifth by General Motors Corp., needs to make room at ... Continue reading
Bazemore and Dunn drive Matco Tools Dodge in Phoenix testing
DON SCHUMACHER RACING 2005 NHRA POWERade DRAG RACING SERIES PRE-SEASON NATIONAL TIME TRIALS FIREBIRD INTERNATIONAL RACEWAY CHANDLER, ARIZ. JAN 28-30, 2005 Contact: Judy Stropus, 203-438-0501; cell, 203-243-2438 BAZEMORE HANDS OVER STEERING WHEEL TO DUNN DURING PRE-SEASON TESTING IN PHOENIX CHANDLER, ARIZ. (Jan. 30, 200 ... Continue reading
Car Not The Problem in 'Honeymoon Disasters' Contest
Entries Sought for 2006 Contest TULSA, Okla., Jan. 31 -- For newlyweds, honeymoons are supposed to be the celebration of a new life together and not an episode of When Animals Attack. Lynn and Steven Curran of Chester, Maryland, had so many close encounters with wild critters -- enough to fill several "nature run amok" ... Continue reading
Sudbury Auto Auction Utilizes New Simulcast Auction Software
TAMPA, Fla. and HALIFAX, Nova Scotia, Jan. 31 -- Auto Centrix, Inc. (ATCX.PK) announced today that Sudbury Auto Auction has implemented Auto Centrix's real-time simulcast auction software, and has successfully broadcast their latest auction to their clients and customers. Sudbury Auto Auction is a full service auction ... Continue reading
NEW ORLEANS, Jan. 31 -- The Board of Directors of the Association of International Automobile Manufacturers (AIAM) today announced the election of Jim Morton, Senior Vice President of Administration and Finance for Nissan North America, Inc. as the Association's new Chairman. Previously, Morton served as AIAM's Vice-Ch ... Continue reading
Capps and Ace getting familiar with new Brut Dodge
DON SCHUMACHER RACING 2005 NHRA POWERade DRAG RACING SERIES PRE-SEASON NATIONAL TIME TRIALS FIREBIRD INTERNATIONAL RACEWAY CHANDLER, ARIZ. JAN 28-30, 2005 Contact: Judy Stropus, 203-438-0501; cell, 203-243-2438 CAPPS AND ACE GETTING FAMILIAR WITH NEW BRUT DODGE CHANDLER, Ariz. (Jan. 30, 2005) - Ron Capps, crew chief Ed ... Continue reading
Autobase, Inc. Introduces Front Office Suite for Automotive Dealerships
INDIANAPOLIS--Jan. 30, 2005--Having focused on providing the industry's premier customer relationship management (CRM) solution since 1988, Autobase, Inc. is pleased to announce the creation of its first front office product suite. The product suite includes the new Autobase Sales Center 6.0, the sixth generation of Au ... Continue reading
Autobase, Inc. Announces Release of Autobase Loyalty Center
INDIANAPOLIS--Jan. 30, 2005--Autobase, Inc. is pleased to introduce the all-new Autobase Loyalty Center(TM), the most recent addition to the Autobase product suite. Specially designed for the business development or customer care center, the Autobase Loyalty Center enables dealerships to find, market, and maintain more ... Continue reading
35th Annual Antique Auto Parts Meet and Auction, Frederick, MD
To all auto enthusiasts: The Sugarloaf Mnt Region, AACA (Antique Automobile Club of America) is sponsoring the "35th ANNUAL INDOOR/OUTDOOR ANTIQUE AUTO PARTS MEET" MARCH 25th & 26th, 2005 Each year this event generates hundreds of vendors selling, swapping and auctioning antique, street rod and custom auto parts, servi ... Continue reading
Scelzi quickest on Saturday in Phoenix testing
DON SCHUMACHER RACING 2005 NHRA POWERade DRAG RACING SERIES PRE-SEASON NATIONAL TIME TRIALS FIREBIRD INTERNATIONAL RACEWAY CHANDLER, ARIZ. JAN 28-30, 2005 Contact: Judy Stropus, 203-438-0501; cell, 203-243-2438 SCELZI QUICKEST ON SATURDAY IN PHOENIX TESTING CHANDLER, Ariz. (Jan. 30, 2005) - Gary Scelzi, driving the Mop ... Continue reading
Jimmy Kite Races To Seventh In 2005 Copper World Classic
Jimmy Kite Races To Seventh In 2005 Copper World Classic AVONDALE, Ariz., January 30, 2005 - Four-time Indianapolis 500 starter Jimmy Kite raced to a seventh-place finish in today's United States Auto Club (USAC) Weld Racing Silver Crown season-opener. The Stockbridge, Ga. resident started the No. 5 Westcon Racing/ Wes ... Continue reading
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