Yokohama Rubber to Produce Steel Radial Tires for Trucks and Buses in China
Apr 19, 2006
Tokyo, Apr 19, 2006 (JCN) - Yokohama Rubber established Suzhou Yokohama Tire as a wholly owned subsidiary of Yokohama Rubber (China), its wholly owned subsidiary, Suzhou, Jiangsu Province, in April. Capitalized at $27.1 million, Suzhou Yokohama Tire will invest $81.3 million to construct a tire production plant with a ... Continue reading
Bandag, Incorporated Reports 1st Quarter
Apr 19, 2006
Bandag, Inc. Flash Results (Numbers in Millions, Except Per Share Data) Q1 2006 Q1 2005 Net sales $212.4 $189.8 Earnings from continuing operations $3.8* $6.0 Diluted EPS from continuing operations $0.19* $0.30 * Before loss from discontinued operations of $16.4 million, or $0.83 per diluted share. MUSCATINE, Iowa, Apr ... Continue reading
Ford Breaks $5 Billion Barrier in Sourcing With Minority Suppliers in 2005
Apr 18, 2006
* Ford purchased $5.5 billion in goods and services with minority suppliers in 2005. * In its first full year of operation, Ford's Women's Business Enterprise (WBE) Program purchased $825 million with women-owned suppliers. * M-Tier technology identifies over $13 billion in diverse spend across the Ford supply chain. D ... Continue reading
Timken Declares Quarterly Dividend
Apr 18, 2006
CANTON, Ohio, April 18 -- The board of directors of The Timken Company today declared a quarterly cash dividend of 15 cents per share. The dividend is payable on June 2, 2006 to shareholders of record as of May 19, 2006. It will be the 336th consecutive dividend paid on the common stock of the company. (Logo: http://ww ... Continue reading
Clean Diesel: BorgWarner and EPA Working Together
Apr 18, 2006
AUBURN HILLS, Mich., April 18 -- Leading global powertrain supplier BorgWarner Inc. and the U.S. Environmental Protection Agency (EPA) have announced a partnership to develop advanced air management technologies that will enable the automotive and trucking industries to utilize EPA's Clean Diesel Combustion (CDC) and H ... Continue reading
Genuine Parts Company Declares Regular Quarterly Dividend
Apr 18, 2006
ATLANTA--April 18, 2006--The Board of Directors of Genuine Parts Company declared a regular quarterly cash dividend of thirty-three and three quarter cents ($.3375) per share on the Company's common stock. The dividend is payable July 3, 2006 to shareholders of record June 9, 2006. About Genuine Parts Company Genuine P ... Continue reading
XcelPlus Launches Lubrilon as Its Retail Line
Apr 18, 2006
SALUDA, Va.--April 18, 2006--XcelPlus International Inc (PINK SHEETS: XLPI), XcelPlus International (http://XcelPlus.com) has decided to return to its roots. In 1975 the formulas that started the XcelPlus line are being prepared for the retail shelf. The name we've decided to use for all retail sales is Lubrilon, (Lubr ... Continue reading
The Puroflator, Revolutionary Nitrogen Dispenser Tire Inflation Device
Apr 17, 2006
FORT LAUDERDALE, Fla.--April 17, 2006--N2Revolution, Inc., which develops and manufactures environmentally friendly automotive solutions, is pleased to announce that it has developed the Puroflator(TM), a new device to supplement use of its industry leading PurigeN98(TM) tire inflation system. The new unit simplifies t ... Continue reading
TRW Automotive Expands Beijing Plant to Localize Latest Braking Technology for Chinese Market
Apr 17, 2006
LIVONIA, Mich., April 17 -- TRW Automotive Holdings Corp. today announced the expansion of its Chinese joint venture, LucasVarity Langzhong Braking Company Limited (LVLB), in preparation to launch TRW's Electronic Park Brake (EPB) system in China. LVLB has expanded braking actuation production into a new building, with ... Continue reading
TRW Automotive Launches Production of Active and Passive Safety Products for New Audi A4 in China
Apr 17, 2006
LIVONIA, Mich., April 17 -- TRW Automotive Holdings Corp. , the global leader in automotive safety systems, announced today the production launch of active and passive safety systems and components from its China operations for the new Audi A4 built at First Automotive Works (FAW) in Changchun, China. (Logo: http://www ... Continue reading
Genuine Parts Company Reports Record First Quarter Results
Apr 17, 2006
ATLANTA--April 17, 2006--Genuine Parts Company reported record sales and earnings for the first quarter ended March 31, 2006. Thomas C. Gallagher, Chairman, President and Chief Executive Officer, announced today that sales totaling $2.6 billion were up 9% compared to the first quarter of 2005. Net income for the quarte ... Continue reading
Akebono Headquarters Move to Kentucky
Apr 17, 2006
FARMINGTON HILLS, Mich., April 17 -- Akebono Corporation North America (ACNA) will be relocating their North American headquarter operations from Farmington Hills, Michigan, to Elizabethtown, Kentucky. This move will take place throughout the 2006 calendar year and will affect approximately 50 positions. After ACNA acq ... Continue reading
KVH TracVision R-Series Sets New Standards in Mobile Satellite TV
Apr 17, 2006
MIDDLETOWN, R.I.--April 17, 2006-- Now Shipping, the TracVision R-series Antennas Offer All-digital Tracking Performance, Multiple Dome Colors, and Lower Costs for Mobile Satellite TV in RVs and Trucks KVH Industries, Inc. , the company that pioneered affordable and reliable mobile satellite television in recreation ve ... Continue reading
Eaton Reports 2006 First Quarter Net Income Per Share up on Record Quarterly Revenue
Apr 17, 2006
CLEVELAND--April 17, 2006--Diversified industrial manufacturer Eaton Corporation today announced net income per share of $1.36 for the first quarter of 2006, an increase of 14 percent over net income per share of $1.19 in the first quarter of 2005. Sales in the quarter were a record $3.01 billion, 14 percent above the ... Continue reading
Honda to produce diesel engines in Britain
Apr 17, 2006
TOKYO April 15, 2006; Reuters reported that Honda Motor Co. Ltd plans to produce diesel engines in Britain to meet strong demand in Europe for fuel-efficient vehicles, a Japanese financial daily reported on Sunday. Currently, Japan's third-biggest auto maker exports diesel engines to its British factory from Japan, whe ... Continue reading
The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.
