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Harbin Electric Announces Fourth Quarter and 2008 Annual Results

Harbin Electric Announces Fourth Quarter and 2008 Annual Results

Annual Net Income up Fifty Percent on Eighty-Five Percent Rise in Sales Fiscal Year 2008 Financial Highlights -- Total revenues were $120.8 million, up 84.7% from $65.4 million in 2007 -- Net income was $25.4 million, up 50.2% from $16.9 million in 2007 -- Cash and cash equivalents were $48.4 million up from $45.5 mill ... Continue reading

Goodyear Recognized on Fortune's Global Most Admired List

Goodyear Recognized on Fortune's Global Most Admired List

AKRON, Ohio, March 13 -- The Goodyear Tire & Rubber Company has once again been recognized as one of the most admired companies in the world by Fortune magazine. (Logo: http://www.newscom.com/cgi-bin/prnh/20050204/GTLOGO ) Among companies in Fortune's World's Most Admired Companies' Motor Vehicle Parts category, Goodye ... Continue reading

Quantum Technologies Reports Fiscal 2009 Third Quarter Financial Results

Quantum Technologies Reports Fiscal 2009 Third Quarter Financial Results

IRVINE, Calif., March 12 -- Quantum Fuel Systems Technologies Worldwide, Inc. , a leader in the development and production of advanced propulsion systems, energy storage technologies, and alternative fuel vehicles and applications including hybrid, plug-in hybrid, hydrogen, and alternative fuel vehicles, today reported ... Continue reading

Ener1 Reports Fourth Quarter and Year-End 2008 Results

Ener1 Reports Fourth Quarter and Year-End 2008 Results

New York, March 12 -- Ener1, Inc. , developer and manufacturer of advanced lithium-ion batteries to power the next generation of hybrid, plug-in hybrid and pure electric vehicles, today reported its 2008 fourth quarter and year-end financial results. The following highlights significant events that occurred since the e ... Continue reading

WABCO Announces Multi-Year Strategic Agreement to Supply CNHTC, China's Largest Manufacturer of Heavy Duty Trucks

WABCO Announces Multi-Year Strategic Agreement to Supply CNHTC, China's Largest Manufacturer of Heavy Duty Trucks

BRUSSELS, March 12 -- WABCO Holdings Inc. , a global technology leader and tier-one supplier to the commercial vehicle industry, today announced the completion of a strategic partnership agreement to supply China National Heavy Truck Corporation (CNHTC), the largest producer of heavy duty trucks in China. WABCO's strat ... Continue reading

Survey Results Show Audi A6 Drivers Have Cleanest Cars While Honda Accord Most Cluttered

Survey Results Show Audi A6 Drivers Have Cleanest Cars While Honda Accord Most Cluttered

MIAMI March 11, 2009; LeaseTrader.com, the nationwide online marketplace for car lease transfers, today released the results of its Spring Cleaning Clean Car Survey, with Audi A6 drivers having the cleanest cars in America. The online survey of more than 2,000 also found that Honda Accord drivers have the most clutter ... Continue reading

Manitex International, Inc. Reports Fourth Quarter and Full Year 2008 Results

Manitex International, Inc. Reports Fourth Quarter and Full Year 2008 Results

$27.8 Million in Revenues and $0.02 in Diluted EPS in Fourth Quarter $106 Million in revenues and $0.17 in Diluted EPS for the full year BRIDGEVIEW, Ill., March 11 -- Manitex International, Inc. , a leading provider of engineered lifting solutions including boom truck cranes, rough terrain forklifts and special mission ... Continue reading

Peace Of Mind For Motorists – More Than 100 Arnold Clark Service Centres Commit to Motor Industry Code of Practice

Peace Of Mind For Motorists – More Than 100 Arnold Clark Service Centres Commit to Motor Industry Code of Practice

Europe's largest independent car dealer and recently acclaimed Motor Retailer of the Year, Arnold Clark, has committed all service and repair sites in its network to the Motor Industry Code of Practice for Service and Repair. ... Continue reading

China Auto-parts Import Value Up 7.3% In 2008

China Auto-parts Import Value Up 7.3% In 2008

China auto-parts import value up 7.3% in 2008 http://www.gasgoo.com/auto-news/1009589/China-auto-parts-import-value-u p-7-3 -in-2008.html Shanghai, March 10 (Gasgoo.com) China's total imports of auto parts increased 7.28 percent year on year in 2008 to $16.3 billion, accounting for 52 percent of the total value of auto ... Continue reading

Thor Announces Results For Quarter 2009

Thor Announces Results For Quarter 2009

JACKSON CENTER, Ohio, March 9 -- Thor Industries, Inc. announced results for the second quarter and six months ended January 31, 2009. Sales for the quarter were $226,683,000 versus $599,170,000 last year. Net loss for the quarter was $14,860,000 compared to net income of $21,602,000 last year. E.P.S. for the quarter w ... Continue reading

New Volkswagen Genuine Parts Distribution Centre Opens in Australia

New Volkswagen Genuine Parts Distribution Centre Opens in Australia

The distribution centre has doubled Volkswagen's parts storage capability which will enable more efficient distribution of genuine parts to Volkswagen Passenger, Volkswagen Commercial, Skoda and Audi dealers. It will primarily service Victoria, South Australia, Western Australia, Tasmania and the Northern Territory. Na ... Continue reading

Japan's Automakers Promoting Used-Vehicle Sales Systems

Japan's Automakers Promoting Used-Vehicle Sales Systems

Tokyo Marc 9, 2009; The Yomiuri Shimbun reported that amid a sales slump of new vehicles, an increasing number of domestic carmakers are introducing or expanding their used-car sales systems, by overhauling and improving such vehicles and guaranteeing their quality. By enhancing the image of secondhand cars, manufactur ... Continue reading

Harbin Electric Schedules Conference Call to Discuss Fourth Quarter and Fiscal Year 2008 Financial Results

Harbin Electric Schedules Conference Call to Discuss Fourth Quarter and Fiscal Year 2008 Financial Results

HARBIN, China, March 6 /PRNewswire-Asia-FirstCall/ -- Harbin Electric, Inc., ("Harbin Electric" or the "Company") , a leading Chinese developer and manufacturer of a wide array of electric motors, today announced that it will host a conference call to discuss the fourth quarter and fiscal year 2008 financial results at ... Continue reading

Standard Motor Products, Inc. Announces Fourth Quarter 2008 Results

Standard Motor Products, Inc. Announces Fourth Quarter 2008 Results

NEW YORK, March 6 -- Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, reported today its consolidated financial results for the three months and for the year ended December 31, 2008. Consolidated net sales for the fourth quarter of 2008 were $148.9 million, compared to conso ... Continue reading

Standard Motor Products, Inc. Announces Fourth Quarter 2008 Earnings Conference Call

Standard Motor Products, Inc. Announces Fourth Quarter 2008 Earnings Conference Call

NEW YORK, March 5 -- Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, is scheduled to report its earnings for the three months and for the year ended December 31, 2008 on Friday, March 6, 2009 before the opening of the stock market. Standard Motor Products, Inc. will hold a ... Continue reading

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