Honda to Build New Powertrain Plant in China
Oct 17, 2005
Tokyo, Japan, Oct 17, 2005 - (JCN Newswire)Honda Motor Co., Ltd. today announced plans to establish Honda Auto Parts Manufacturing Co., Ltd., an automobile powertrain components production company in China. Honda Motor (China) Investment Co., Ltd., a wholly-owned Honda subsidiary, is the sole investor in the new compan ... Continue reading
GM deal with UAW overshadows big loss
Oct 17, 2005
DETROIT October 17, 2005; Poornima Gupta writing for Reuters reported that General Motors Corp. on Monday announced a deal with the United Auto Workers union to slash its multibillion-dollar health-care costs, sending its shares up as much as 13 percent even as it posted a fourth straight quarterly loss. The cash-strap ... Continue reading
UAW: Tentative Agreement on Health Care Based on 'In-Depth Analysis of GM's Financial Situation'
Oct 17, 2005
DETROIT, Oct. 17 -- The following statement is attributable to UAW President Ron Gettelfinger and Vice President Richard Shoemaker, who directs the UAW General Motors Department: "The tentative agreement on health care matters is the result of an in- depth analysis of GM's financial situation and many weeks of intense ... Continue reading
Dana Signs Marketing and Distribution Agreement With SmarTire
Oct 17, 2005
Dana to Market SmarTire's Tire Pressure Monitoring Systems to Commercial Vehicle Market RICHMOND, Canada, Oct. 17 -- SmarTire Systems Inc. (BULLETIN BOARD: SMTR) announced today that it has signed a contract with Dana's Commercial Vehicle Systems group to market and sell SmarTire's tire pressure and temperature monitor ... Continue reading
Delphi Corporation Makes Changes to Executive Compensation
Oct 17, 2005
Chairman and CEO Miller to take $1 per year salary Company officers to waive 10% to 20% of base pay TROY, Mich., Oct. 17 -- Delphi Corp. today made several announcements related to executive compensation in connection with its recently filed chapter 11 business reorganization cases. Delphi's Chairman and CEO, Steve Mil ... Continue reading
AirAlert System With RFID SmartBuckle Child Booster Seat Warning
Oct 17, 2005
DALLAS--Oct. 17, 2005-- Radio Frequency Identification (RFID) Warns Drivers When Vehicle Lap/Shoulder Belt Buckle is Not Engaged When Using A Booster Seat AirGATE Technologies, a wholly-owned subsidiary of The X-Change Corporation (OTCBB: XCHC), has developed a system using Radio Frequency Identification (RFID) to dete ... Continue reading
Eaton Reports Third Quarter Net Income Per Share Up
Oct 17, 2005
CLEVELAND--Oct. 17, 2005--Diversified industrial manufacturer Eaton Corporation today announced net income per share of $1.30 for the third quarter of 2005, an increase of 19 percent over net income per share of $1.09 in the third quarter of 2004. Sales in the quarter were $2.79 billion, 10 percent above the same perio ... Continue reading
China's Wheel Rim and Cover Industry Growing Rapidly
Oct 17, 2005
DUBLIN, Ireland--Oct. 17, 2005--Research and Markets (http://www.researchandmarkets.com/reports/c25873) has announced the addition of Car Wheel Rims & Covers in China to their offering China's car wheel rim and cover industry is growing rapidly, fueled by the booming auto industry in the mainland. Ford, Fiat, Toyota, G ... Continue reading
Delphi CEO Steve Miller:Bankruptcy Signals Wrenching Changes Ahead for Industrial America
Oct 16, 2005
Delphi's Bankruptcy Signals Wrenching Changes Ahead for Industrial America, Says Miller NEW YORK, Oct. 16 -- Steve Miller, CEO of the newly bankrupt Delphi Corp., warns that his company's descent could become the tipping point for not just the fall of Detroit, but for all of industrial America. "What's happening at Del ... Continue reading
Motorcar Parts of America, Inc. Announces First Quarter Fiscal Year 2006 Results
Oct 15, 2005
LOS ANGELES, Oct. 14 -- Motorcar Parts of America, Inc. ("MPA") , a leading provider of remanufactured alternators and starters for the automotive aftermarket, announced today financial results for the first quarter of fiscal 2006. Selwyn Joffe, MPA's Chairman, President and CEO, said, "This quarter has been a signific ... Continue reading
ISSYS & KEM to Present Methanol Concentration Sensor Posters at Two Upcoming Fuel Cell Conferences
Oct 14, 2005
YPSILANTI, Mich.--Oct. 14, 2005--Integrated Sensing Systems, Inc. (ISSYS) in Ypsilanti, Michigan, announced today that it will have poster presentations at the upcoming Fuel Cell Summit 2005, http://www.fuelcellsummit.com held on October 24th in Unicasville, CT and at the Fuel Cell Durability Conference, http://www.kno ... Continue reading
GM and DCX Approve Use of New Protein-Based Interior Surface Material From Canadian General - Tower
Oct 14, 2005
CAMBRIDGE, Ontario, Oct. 14 -- Canadian General - Tower Ltd. (CGT), North America's leading supplier of automotive interior cover stocks, today announced that its latest protein-based product has been approved for use at DaimlerChrysler. This latest achievement expands upon a ground breaking market introduction, launch ... Continue reading
Cummins and Dongfeng Motor Co. to Develop New Heavy-Duty Engine Platform in China
Oct 14, 2005
COLUMBUS, Ind.--Oct. 14, 2005--Dongfeng Cummins Engine Company (DCEC), a 50-50 joint venture of Cummins Inc. and Dongfeng Motor Company, has begun development of a 13-liter heavy-duty truck engine designed to serve the high-end of the truck market in China. The fully electronic engine, which is expected to be ready for ... Continue reading
Jaguar Chooses Novelis as Aluminum Supplier for New XK
Oct 14, 2005
ATLANTA, Oct. 14 -- Novelis Inc. announced today that it has been selected by Jaguar Cars Limited as the sole supplier of aluminum sheet for the new Jaguar XK sports car to be launched in early 2006. The all-new XK features an advanced aluminum body structure constructed with the aid of technology from Novelis. Each Ja ... Continue reading
Amerityre Hires Dr. Gary N. Benninger as Chief Operating Officer
Oct 14, 2005
BOULDER CITY, Nev., Oct. 14 -- Amerityre Corporation (BULLETIN BOARD: AMTY) announces that it has hired Gary N. Benninger, PhD. Physics, effective October 16th as its Chief Operating Officer. Dr. Benninger most recently was employed by Magna International, Inc., a $20+ billion diversified auto parts supplier and its af ... Continue reading
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