Collins Industries Enters Into Merger Agreement With Steel Partners
Sep 27, 2006
HUTCHINSON, Kan., Sept. 26 -- Collins Industries, Inc. announced today that it had entered into a definitive merger agreement with Steel Partners II, L.P., a private investment partnership based in New York. Steel Partners is purchasing Collins in affiliation with American Industrial Partners, an operationally focused ... Continue reading
Delphi says nearly 14,000 UAW workers to leave
Sep 26, 2006
1,400 UAW Employees Elect Buyouts 12,400 UAW Employees To Voluntarily Retire by Year-End TROY, Mich., Sept. 26 -- Delphi Corp. (Pink Sheets: DPHIQ) today announced results of the Hourly Special Attrition Plan reached on March 22, 2006 and the Hourly Special Supplemental Attrition Plan reached on June 2, 2006 between th ... Continue reading
Action Pursuit Group Acquires Action Media
Sep 26, 2006
Apprise Enthusiast Media Unit Targets Strong Growth Potential in Events and Multi-Media Vehicles for Auto Enthusiast Market ORANGE, Calif., Sept. 26 -- The Action Pursuit Group LLC (APG), an operating company of Apprise Enthusiast Media LLC, today announced the acquisition from Great Hill Partners of Action Media Opera ... Continue reading
Dash Navigation Unveils First Internet-Connected Auto Navigation Device
Sep 26, 2006
Drivers Get Up-to-Date Traffic Information for Multiple Routes, Can Search for Relevant Destinations and More DEMOfall 2006, SAN DIEGO, Calif., Sept. 26 -- Dash Navigation(TM) Inc. ( www.dash.net ) today demonstrated the first automotive navigation device that connects people to the information that empowers them in th ... Continue reading
Lear Corp. Announces Executive Appointments as Part of Further Streamlining of Organization
Sep 26, 2006
SOUTHFIELD, Mich., Sept. 25 -- Lear Corporation today announced a plan to consolidate its North American Customer Group into three existing product groups comprised of Seating, Electrical and Interior Systems to further streamline the organization, best support the Company's product and technology focus and improve ope ... Continue reading
Introducing the Inno, GrabMax Ski Rack
Sep 26, 2006
The Most Innovative Rooftop Rack for Snowboarders and Skiers TORRANCE, Calif., Sept. 25 -- The Inno(TM) GrabMax Ski Rack(TM) (Model# INA940) is an all-new vehicle rooftop rack that is expressly designed to safely transport a snowboarder's or skier's favorite gear. Six pairs of skis or four snowboards (or combinations o ... Continue reading
PPI Unveils New Line of High Performance After-Market Motorcycle Bodywork
Sep 26, 2006
POMPANO BEACH, Fla., Sept. 25 -- Plastic Parts, Inc recently announced the debut of their exclusive after-market line of Suzuki motorcycle parts designed to exceed the demands of biking enthusiasts everywhere! With an award winning design and superior detail, products are manufactured from the highest quality A.B.S. pl ... Continue reading
Dramatic Private Equity Shift in Auto Deals, PricewaterhouseCoopers LLP Report Finds
Sep 26, 2006
Investors seek defensible positions, reliable cash flows DETROIT, Sept. 25 -- Private equity firms investing in the automotive sector are dramatically shifting their focus from component suppliers to the aftermarket, as they seek more defensible positions which traditionally generate reliable cash flows, according to a ... Continue reading
BorgWarner Congratulates BERU for Winning Automechanika Innovation Award
Sep 26, 2006
AUBURN HILLS, Mich., Sept. 25 -- BERU AG, in which BorgWarner holds a majority stake, has been honored with a 2006 Automechanika Innovation Award for its pressure-sensor glow plug. The award jury, comprised of leading representatives of science, industry and the media, considered criteria such as originality, functiona ... Continue reading
Lithium Technology Corporation Raises the Bar for a Better Tomorrow
Sep 26, 2006
Fuel & Energy Industries Call-to-Action to Cut Pollution and Dependency on Traditional Fuels PLYMOUTH MEETING, Pa., Sept. 25 -- Lithium Technology Corporation (LTC) , a global provider of large lithium-ion rechargeable power solutions, announced today its Pollution Buster Challenge, by inviting the automotive, agricult ... Continue reading
AB Volvo Increases Its Holding in Nissan Diesel
Sep 26, 2006
STOCKHOLM, Sweden--AB Volvo has exercised its option to purchase an additional 6% of the shares in Nissan Diesel from Nissan Motor for approximately SEK 500 M, corresponding to JPY 439 per share. Volvo now owns a total of 19% of the shares in the Japanese truck manufacturer. In addition, AB Volvo has acquired all 57.5 ... Continue reading
DENSO Develops New Power Supply Management ECU for Lexus LS460
Sep 25, 2006
TOKYO, Sept. 25 -- DENSO Corporation has developed, together with Toyota Motor Corporation, a new power supply management electric control unit (ECU) for the Lexus LS460. The Lexus LS460 was launched in Japan this month. "In recent years, vehicles have required more electric power due to various safety and information ... Continue reading
Sep 25, 2006
IRVINE, Calif., Sept. 25 -- Quantum Fuel Systems Technologies Worldwide, Inc., today announced that it has signed a letter of understanding with Miljo Innovasjon AS of Norway that establishes the basis for discussions to structure a joint venture for the development and production of electric vehicles intended for mark ... Continue reading
Bosal Delphi Wins First Complete Exhaust Systems Contract
Sep 25, 2006
Alliance to supply Delphi's "hot end" and Bosal's "cold end" TROY, Mich., Sept. 25 -- Bosal Delphi Complete Exhaust Systems recently won its first contract since Delphi Corp. and Bosal Group entered into an alliance last year, the companies announced today. (Logo: http://www.newscom.com/cgi-bin/prnh/20020315/DEF002LOGO ... Continue reading
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