Johnson Controls Reports Record Earnings
Jan 20, 2006
MILWAUKEE, Jan. 20 -- Johnson Controls, Inc. today reported that it earned a record $0.86 per diluted share from continuing operations for the first quarter of fiscal 2006, an increase of 6% over the prior year's $0.81. (Logo: http://www.newscom.com/cgi-bin/prnh/20030423/JCILOGO ) In addition, the company confirmed its ... Continue reading
Car Interiors Pose Health Risks
Jan 20, 2006
Volvo Models Best in Interior Air Quality According to New Study An Independent Survey Carried Out by The Ecology Center in Detroit Shows That the Interiors of Volvo's Cars Emit Lower Levels of Toxic Substances Than Other Car Makes IRVINE, Calif., Jan. 20 -- The Ecology Center recently presented a study (Toxic at Any S ... Continue reading
u-blox Releases Firmware 5.00 Featuring GPS Performance Beyond Compare
Jan 20, 2006
THALWIL, Switzerland, January 20 -- u-blox AG, the leading Swiss provider of innovative GPS receiver technology, today announced the release of Firmware 5.00 that features spectacular navigation, SuperSense weak signal performance and unmatched coverage in the most difficult urban canyons, even when the antenna is loca ... Continue reading
Cummins Westport Launches BGI Engine Manufacturing in India
Jan 19, 2006
VANCOUVER, British Columbia--Jan. 19, 2006--Cummins Westport Inc. (CWI) and Cummins India Limited (CIL) today announced the successful limited production launch of CWI's B Gas International (BGI) natural gas engine in India. Manufacturing takes place at CIL's modern Daman facility in Western India. The BGI engine was u ... Continue reading
Jan 19, 2006
LIVONIA, Mich., Jan. 19 -- TRW Automotive Holdings Corp. , the global leader in automotive safety systems, announced today that the Company's operations in China have launched production of steering and occupant safety systems and components for the new Ford Focus model built at Chang'an Ford in Chongqing, China. (Logo ... Continue reading
XATANET Expands Into New Verticals in First Quarter
Jan 19, 2006
New Verticals include Pet Products, Auto Parts, Baked Goods and Specialty Food Distribution MINNEAPOLIS, Jan. 19 -- XATA Corporation , the leader in onboard fleet management systems for private fleet transportation, announced the company has expanded into several new industry verticals with its XATANET fleet management ... Continue reading
Cooper-Standard Automotive Release of Financial Information
Jan 19, 2006
NOVI, Mich., Jan. 19 -- As previously reported, Cooper- Standard Automotive entered into a definitive agreement to acquire the Fluid Handling Systems business of ITT Industries, Inc. in a transaction valued at approximately $205 million. Today Cooper-Standard Automotive disclosed certain historical financial informatio ... Continue reading
PPG Delivers Record Fourth Quarter and Full Year Sales; Annual Sales Surpass $10 Billion
Jan 19, 2006
PITTSBURGH--Jan. 19, 2006--PPG Industries reported today fourth quarter net income of $113 million, or 68 cents a share, including aftertax charges of $17 million, or 10 cents a share, for the impairment of certain assets in the company's specialty chemicals business; $10 million, or 6 cents a share, for direct costs r ... Continue reading
President Bush Nominates DOT Lawyer to Head NHTSA
Jan 19, 2006
Washington DC January 19, 2006; President Bush has nominated Nicole Nason, assistant secretary of the Department of Transportation, to be the new chief of the National Highway Traffic Safety Administration, reports The Detroit News. If confirmed by the Senate, Nason will oversee federal regulations that have the most i ... Continue reading
Jan 19, 2006
MATAWAN, N.J.--Jan. 19, 2006--Deep Field Technologies, Inc. (OTCBB:DPFD) announced today that it has entered into a definitive agreement to merge with Beijing Sino-US Jinche Yingang Auto Technological Services Ltd. ("AutoMart"), the premier automobile after service company in Beijing, China. AutoMart is a China based j ... Continue reading
Jan 19, 2006
LONDON, January 19 -- With the economic slowdown in Europe, customers in the automotive, aerospace and defence, electronics and telecommunication industries are growing aware of the benefits of purchasing test and measurement equipment from the secondary market. Hence, as customers are increasingly investing in good-qu ... Continue reading
Jan 19, 2006
RACINE, Wis.--Jan. 18, 2006--Modine Manufacturing Company , a global leader in designing and developing heating and cooling solutions for diversified markets, announced today earnings from continuing operations of $13.1 million, or $0.38 per fully diluted share, in the third quarter of fiscal 2006 ended December 26, 20 ... Continue reading
G-Line Women's Motorcycle Gear Announces Multicity Showcase in January
Jan 19, 2006
TUSTIN, Calif.--Jan. 18, 2006--You've heard the buzz on G: the first line of women's motorcycle gear to offer German-engineered protection in stylish designs -- made specifically for women riders by women riders. The G-Line offers gear for all types of street riding as well as several pieces that are perfect for wearin ... Continue reading
Modine Board of Directors Declares Quarterly Common Stock Dividend
Jan 18, 2006
RACINE, Wis.--Jan. 18, 2006--The Board of Directors of Modine Manufacturing Company today declared a quarterly common stock dividend of 17.50 cents per share, payable on March 2, 2006 to shareholders of record as of the close of business on February 16, 2006. Founded in 1916, with projected fiscal 2006 revenues from co ... Continue reading
Jan 18, 2006
Stockholm, Sweden January 18, 2006; The DaimlerChrysler Group has signed a development cooperation and supply agreement of the Alfdex Oil Mist Separator system from Alfdex AB, jointly owned by Alfa Laval and Haldex (STO:HLDX). The order value is about SEK 250 million during a five year period and serial deliveries are ... 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.
