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2008 SEMA Show - Vehicles of the Show

2008 SEMA Show - Vehicles of the Show

By Steve Campbell The cars and trucks that appear at the SEMA Show serve as an indicator of where the various markets may be going—but they’re also just plain fun to look at. From off-road buggies to luxury sedans, the vehicles that appear on the Show floor offer insights into coming trends and also spark ide ... Continue reading

Garmin and Automotive OEM Celebrate Five-Year Partnership with New Navigation Systems

Garmin and Automotive OEM Celebrate Five-Year Partnership with New Navigation Systems

SAN JOSE, Calif.--Garmin International Inc., a unit of Garmin Ltd. , the global leader in satellite navigation, announced today that it has strengthened its partnership with BMW AG, by offering two new navigation devices to enhance the already successful line of BMW Portable Navigation Systems. These Garmin devices are ... Continue reading

The Mercedes-Benz GLK at SEMA, Las Vegas 2008: Unconventional Concept For an Unconventional Show

The Mercedes-Benz GLK at SEMA, Las Vegas 2008: Unconventional Concept For an Unconventional Show

Tuner Challenge - this is the headline for the appearance of the Mercedes-Benz GLK at the SEMA Show. Ahead of the unconventional tuning show, the Stuttgartcompany announced a competition for tuning firms. The object of desire - compact GLK-Class. The distinctively styled automotive character seems predestined to arouse ... Continue reading

American Axle & Manufacturing Reports Third Quarter 2008 Financial Results

American Axle & Manufacturing Reports Third Quarter 2008 Financial Results

DETROIT, Oct. 31 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today reported its financial results for the third quarter of 2008. Third Quarter 2008 results -- Third quarter sales of $528.1 million -- Net loss of $440.9 million, or $8.54 per share -- AAM's quarterly results ... Continue reading

Cummins Reports Record Third Quarter 2008 Financial Performance

Cummins Reports Record Third Quarter 2008 Financial Performance

COLUMBUS, Ind.--Cummins Inc. today reported its highest third quarter sales and profits ever, and second best quarter in its history, led by strong gains internationally that more than offset continued weakness in the Company’s North American consumer markets. Third quarter sales of $3.69 billion were 10 percent h ... Continue reading

Aon Reports Third Quarter 2008 Results

Aon Reports Third Quarter 2008 Results

- Total Revenue grew 6% to $1.8 billion with Organic Revenue growth of 2% - EPS from Continuing Operations increased 27% to $0.52 Third Quarter Highlights - EPS from continuing operations, excluding certain items, increased 33% to $0.69 - Total pretax margin was 11.5% and the adjusted pretax margin, excluding certain i ... Continue reading

Mercedes-Benz Tuner Challenge at SEMA 2008: The GLK in Las Vegas

Mercedes-Benz Tuner Challenge at SEMA 2008: The GLK in Las Vegas

Mercedes-Benz has created an unconventional presentation idea under the heading 'Tuner Challenge'. Ahead of the equally unconventional SEMA Show in the gaming hotspot of Las Vegas, the Stuttgart company announced a competition for tuning firms. The object of desire - the compact GLK-Class. The distinctively styled auto ... Continue reading

DENSO Announces 2008 First-half Financial Results

DENSO Announces 2008 First-half Financial Results

Decrease in North American car production and currency exchange loss led to reduction in net sales and operating income KARIYA, Japan, Oct. 30 -- DENSO Corporation today announced global financial results for the first-half fiscal year ended September 30, 2008: -- Consolidated net sales totaled 1,892.3 billion yen (US$ ... Continue reading

Midas Reports 2008 Third Quarter Earnings of $0.12 Per Diluted Share after $0.04 of Special Items

Midas Reports 2008 Third Quarter Earnings of $0.12 Per Diluted Share after $0.04 of Special Items

ITASCA, Ill.--Midas, Inc. reported net earnings of $1.7 million—or $0.12 per diluted share—for the third quarter ended Sept. 27, 2008, compared to $3.0 million—or $0.21 per diluted share—in 2007. The 2008 results include $0.04 per share of special items relating to business transformation activities ... Continue reading

Lear Reports Third-Quarter 2008 Financial Results

Lear Reports Third-Quarter 2008 Financial Results

SOUTHFIELD, Mich., Oct. 30 -- Lear Corporation , a leading global supplier of automotive seating systems, electrical distribution systems and electronic products, today reported financial results for the third quarter of 2008. Business Conditions The production environment in the third quarter was extremely challenging ... Continue reading

Asbury Automotive Group Reports Third Quarter 2008 Financial Results

Asbury Automotive Group Reports Third Quarter 2008 Financial Results

NEW YORK, Oct. 30 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today reported financial results for the third quarter and nine months ended September 30, 2008. Income from continuing operations for the third quarter was $7.1 million, or $0.22 per diluted sha ... Continue reading

TRW Automotive Reports Third Quarter 2008 Financial Results

TRW Automotive Reports Third Quarter 2008 Financial Results

LIVONIA, Mich., Oct. 30 -- TRW Automotive Holdings Corp. , the global leader in active and passive safety systems, today reported third-quarter 2008 financial results with sales of $3.6 billion, an increase of 2.8 percent compared to the same period a year ago. The Company reported a third quarter net loss of $54 milli ... Continue reading

WABCO, Fuwa to produce ADB jointly in China

WABCO, Fuwa to produce ADB jointly in China

WABCO, Fuwa to produce ADB jointly in China http://www.gasgoo.com/auto-news/1008217/WABCO-Fuwa-to-produce-ADB-joint ly-in -China.html Shanghai, October 30 (Gasgoo.com) WABCO Vehicle Control Systems, a world-leading vehicle control system maker, announced on October 23 that it will sign a collaboration agreement with Ch ... Continue reading

Standard Motor Products, Inc. Announces Third Quarter 2008 Earnings Conference Call

Standard Motor Products, Inc. Announces Third Quarter 2008 Earnings Conference Call

NEW YORK, Oct. 29 -- Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, is scheduled to report its earnings for the three months ended and nine months ended September 30, 2008 on Thursday, October 30, 2008 before the opening of the stock market. Management will hold a conferen ... Continue reading

Advance Auto Parts Third Quarter Earnings Per Diluted Share Increased 4% to $0.59 versus $0.57 Last Year

Advance Auto Parts Third Quarter Earnings Per Diluted Share Increased 4% to $0.59 versus $0.57 Last Year

ROANOKE, Va.--Advance Auto Parts, Inc. , a leading retailer of automotive aftermarket parts, accessories, batteries, and maintenance items, today announced its financial results for the third quarter ended October 4, 2008. Third quarter earnings per diluted share (EPS) increased 4% to $0.59 versus $0.57 last year. The ... Continue reading

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