Dana Corporation Supplying Cylinder-Head Cover Modules for Ford Engine Platform
Jul 13, 2006
TOLEDO, Ohio, July 13 -- Dana Corporation announced today that it has begun supplying cylinder-head cover modules for the 3.0L Duratec V-6 engine appearing on the Ford Freestyle, Ford Five Hundred, and Mercury Montego vehicles. (Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) The cylinder-head cover modules a ... Continue reading
Dunlop, Bavarian Tuner MTM Create Fastest Bentley Ever
Jul 13, 2006
AKRON, Ohio, July 13 -- Bavarian tuning specialist MTM has created the fastest Bentley ever with a 205-mph performance kit of engine upgrades and 21-inch Dunlop SP Sport Maxx ultra-performance tires. Motoren Technik Mayer GmbH announced that its MTM Bentley Continental GT retains the elegant appearance of the stock veh ... Continue reading
5 Million Wheels were sold in the Top Five Countries, Accounting for 475 Million Euros
Jul 13, 2006
DUBLIN, Ireland--July 13, 2006--Research and Markets (http://www.researchandmarkets.com/reports/c39400) has announced the addition of Car Wheels Europe - Top 5 2006 to their offering. Car Wheels in Europe Top 5: 2005 - The car wheels market has grown by 3.4% in value. In Europe there are many companies selling Alloy wh ... Continue reading
Foundation Grants Show Diversity of Aftermarket Educational Endeavors
Jul 13, 2006
Please cut and paste the folowing URL link into your Web browser: http://www.magnetmail.net/actions/email_web_version.cfm?recipient_id=12 875346&message_id=201417&user_id=AutoAfterM For Immediate Release July 13, 2006 Media Contacts: David Caracci, Chairman 419-656-2766 caracci@nextel.blackberry.net or Barbara Cunningh ... Continue reading
IBM Study Finds Business Model Flexibility Is The Key To Success In Automotive Industry
Jul 13, 2006
ARMONK, N.Y.--July 13, 2006--A new study released today by the IBM Institute for Business Value (IBV) reveals business model flexibility to be vital to success in today's automotive industry. Using profitability as the gauge for success, IBM researched 100 of the top automotive companies and found that significantly mo ... Continue reading
Bankrupt Delphi Wants To Continue Executive Bonus's - Union Protests- Duh
Jul 13, 2006
CHICAGO, July 12, 2006; Reuters reported that unions representing hourly workers at bankrupt auto parts supplier Delphi Corp. on Wednesday objected to the company's plans to extend an executive bonus program to the second half of 2006. Delphi, in talks with its unions over proposed steep wage and benefit cuts, has said ... Continue reading
Michelin(R) Brand Tires Now Being Made in Mexico
Jul 12, 2006
Queretaro plant converts production line to meet strong Mexican demand QUERETARO, Mexico, July 12 -- For the first time, Michelin(R)-brand passenger and light truck tires are being built in Mexico. The company announced today that strong consumer demand in Mexico drove Michelin's decision to upgrade production capacity ... Continue reading
Mechanics Veto Extending Oil Changes
Jul 12, 2006
Mechanics Veto Extending Oil Changes Bucking New Trend Lexington, Ky. (July 2006) - The nation's top mechanics are rejecting the recommendation by some in the auto field that cars can go 5,000 miles or more before oil is changed. The nation's top mechanics, National Institute for Automotive Service Excellence (ASE) cer ... Continue reading
Jul 12, 2006
ANAHEIM, Calif.--July 12, 2006--Iteris Inc. (AMEX:ITI), a leader in vision-based technologies and Intelligent Transportation Systems that optimize traffic flow and enhance driver safety, today announced that Maverick USA has achieved a 65 percent decrease in lane departure preventable accidents since deploying Iteris' ... Continue reading
Powerful Industry Fuels SEMA Membership; Show Reflects Growing Industry
Jul 12, 2006
DIAMOND BAR, Calif.--July 11, 2006--The automotive specialty-equipment industry continues to grow at an impressive rate, and its premier event, the 2006 SEMA Show, is already gearing up to be the best in the show's 40-year history. "With its traditional customer base of enthusiasts now being augmented by mainstream con ... Continue reading
Tenneco Announces CEO Departure
Jul 12, 2006
Board of Directors Establishes Interim Office of the Chief Executive LAKE FOREST, Ill., July 11 -- Tenneco Inc. announced today that Mark P. Frissora, chairman, CEO and president, is leaving Tenneco to become chief executive officer of Hertz Corporation and a member of the company's board of directors. His resignation ... Continue reading
Delphi Reports Fourth Quarter and Calendar Year 2005 Financial Results
Jul 12, 2006
TROY, Mich., July 11 -- Delphi Corp. (Pink Sheets: DPHIQ) today announced its fourth quarter and calendar year 2005 financial results and filed its 2005 Annual Report on Form 10-K. Fourth Quarter 2005 Financial Results * Revenue of $6.8 billion, down from $7.0 billion in Q4 2004. * Non-GM revenue for the quarter was $3 ... Continue reading
Dunlop Fuels America's Joy Ride, Despite High Gas Prices
Jul 12, 2006
AKRON, Ohio, July 11 -- For 60 million automotive enthusiasts, there's not much joy in their joy rides anymore, thanks to soaring gas prices at the pumps. But if you act by Saturday, Dunlop Tires may fuel your driving excitement. Enthusiasts -- slated to fill 12 available slots -- have until July 15 to apply for Driver ... Continue reading
A. O. Smith Increases Quarterly Dividend
Jul 12, 2006
MILWAUKEE, July 11 -- Directors of A. O. Smith Corporation today announced a $.01 increase in the company's quarterly cash dividend to a rate of $.17 per share. The increased dividend will apply to both Common Stock and Class A Common Stock and is payable on Aug. 15 to shareholders of record July 31. ... Continue reading
News From USW: Mass Market Tire Segment Hurt by Low-Cost Imports
Jul 12, 2006
PITTSBURGH--July 11, 2006--News From USW: The United Steelworkers (USW) acknowledged receiving notice today from BFGoodrich of the company's intent to reduce production by some 30 to 40 percent at its Opelika, Ala. plant beginning in the fourth quarter of 2006. The USW and BFGoodrich are currently engaged in master con ... Continue reading
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