BorgWarner Declares Quarterly Dividend
Oct 22, 2005
AUBURN HILLS, Mich., Oct. 21 -- The board of directors of BorgWarner Inc. has declared a quarterly dividend of $0.14 per share on all of the company's issued and outstanding common stock. The dividend is payable November 15, 2005 to stockholders of record on November 1, 2005. Auburn Hills, Michigan-based BorgWarner Inc ... Continue reading
UAW Leaders Comment on Delphi Proposal
Oct 21, 2005
DETROIT, Oct. 21 -- UAW President Ron Gettelfinger and Vice President Richard Shoemaker today issued this statement on Delphi's contract proposal to the UAW: "The UAW received Delphi's contract proposal today. In light of Delphi CEO Steve Miller's recent public comments, we were not surprised that Delphi's proposal dis ... Continue reading
Federal-Mogul Reports Third Quarter 2005 Results
Oct 21, 2005
SOUTHFIELD, Mich.--Oct. 21, 2005--Federal-Mogul Corporation (OTCBB:FDMLQ) today reported its financial results for the three and nine-month periods ended September 30, 2005. Financial Summary (in millions) Three Months Ended Nine Months Ended September 30 September 30 ------------------ ------------------ 2005 2004 200 ... Continue reading
Chuck Blum, Former SEMA President, to Head CallSource Advisory Board;
Oct 20, 2005
WESTLAKE VILLAGE, Calif.--Oct. 20, 2005--CallSource announced today that it has named Charles R. ("Chuck") Blum executive director of its Automotive Advisory Board. Blum is president emeritus of the Specialty Equipment Manufacturers Association (SEMA). A 35-year veteran of the auto aftermarket and performance accessory ... Continue reading
Ricardo Expands in Japan with New Tokyo Facility
Oct 20, 2005
VAN BUREN TWP., Mich., Oct. 20 -- Following a nine-fold increase in its Japanese business in the past five years, global automotive technology provider Ricardo plc today formally opened its new facility close to the center of Tokyo's main business district. Located in the landmark FukokuSemiei building overlooking Hibi ... Continue reading
Flexpoint Completes Comprehensive Testing of the Pedestrian Impact System
Oct 20, 2005
DRAPER, Utah--Oct. 20, 2005--Flexpoint Sensor Systems, Inc. (OTCBB:FLXT) today announced they have recently completed the current phase of internal testing of their Pedestrian Impact Detection System as requested by European and U.S. Automotive Suppliers. This fulfills a requirement and brings Flexpoint closer to consu ... Continue reading
Brazing Center Develops Benchmark Charge Air Cooler Design
Oct 20, 2005
NEW YORK--Oct. 20, 2005--The International Copper Association announces that the Brazing Center in Vasteras, Sweden, has developed a benchmark charge air cooler (CAC) design for manufacturers around the globe looking to produce superior heat exchangers. The CAC, made using CuproBraze(R) technology for brazing copper an ... Continue reading
Oct 20, 2005
AUSTIN, Texas--Oct. 20, 2005--Freescale Semiconductor has acquired CommASIC, a fabless semiconductor company based in San Diego. CommASIC provides modem processing multimode technologies, including orthogonal frequency division multiplexing (OFDM)-based solutions, such as Wi-Fi-certified 802.11 a/b/g. These solutions e ... Continue reading
UAW Leadership Endorses GM Healthcare Deal
Oct 20, 2005
DETROIT, Oct 20, 205; Reuters reported that the United Auto Workers union on Thursday said its leadership had unanimously endorsed a deal with General Motors Corp. allowing the automaker to slash its multibillion-dollar health-care costs by cutting benefits for UAW-protected blue-collar workers and retirees. UAW Presid ... Continue reading
Honeywell Sets Up New Plant for Control Systems in TEDA
Oct 20, 2005
TIANJIN, China, Oct. 20 /Xinhua-PRNewswire/ -- Tianjin Economic-Technological Development Area ("TEDA") announces that Honeywell is to set-up a new control system plant in the area. ''TEDA is the best choice for Honeywell to implement localized production. So more and more new products and technologies will be moved to ... Continue reading
Electro Energy Advanced Technology to Power Hybrid Electric Vehicles for CalCars' PRIUS+ Program
Oct 20, 2005
DANBURY, Conn., Oct. 20 -- Electro Energy Inc. , a leading provider of advanced battery technologies and associated systems, today announced it is developing a custom-designed prototype battery pack for CalCars' Toyota PRIUS+ Test Vehicle, which is the centerpiece of the California Cars Initiative (CalCars) program pro ... Continue reading
BorgWarner Supplies Turbocharger for Revolutionary Dual-Charged Gas Engine
Oct 20, 2005
AUBURN HILLS, Mich., Oct. 20 -- The first dual- charged direct-injected gasoline engine, which is expected to debut on the new VW Golf GT, uses a K03 turbocharger from BorgWarner Turbo Systems. Volkswagen introduced the engine, which it calls the "Twincharger," at the 2005 IAA International Motor Show in Frankfurt, Ger ... Continue reading
Hayes Lemmerz to Sell Commercial Highway Hub & Drum Business
Oct 20, 2005
NORTHVILLE, Mich., Oct. 20 -- Hayes Lemmerz International, Inc. today announced that it has entered into a stock purchase agreement for the sale of its Commercial Highway Hub and Brake Drum business to Precision Partners Holding Company, a multi-national supplier of complex precision machined components, tooling, and a ... Continue reading
Nissan Might Move U.S. Headquarters - Bye Bye California - Hello T State?
Oct 20, 2005
Nissan is considering a move from its Southern California U.S. headquarters, reports The Detroit News. The new location will most likely be less glamorous than their current location in Gardena, Calif, said CEO Carlos Ghosn. Nissan hasn’t disclosed possible alternatives, but Texas and Nashville, Tenn., are said t ... Continue reading
Patent issued on improved variable diameter pulley CVT
Oct 20, 2005
To the Editor: I can provide a press release that contains two illustrations, if you can use it. However, I would have to send it as an attachment. Let me know if you can use it. Feel free to publish the following information. Please do not publish the phone numbers. ... Continue reading
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