Five Years Free Servicing On Daihatsu Terios
Jan 2, 2009
Daihatsu has introduced one of its strongest sales incentives ever with five years free servicing on Terios. All Terios registered between 1st January 2009 and 31st March 2009 will gain 5 years or 45,000 miles free servicing, whichever comes first. ... Continue reading
Dec 30, 2008
CALGARY, Alberta--Advanced ID Corporation (OTCBB: AIDO), a leading developer of radio frequency identification (âRFIDâ) technology for livestock tracking, pet recovery and supply chain applications focusing on the tire management industry, today announced that its RFID tire technology was profiled in a featur ... Continue reading
Dec 29, 2008
SKOKIE, Ill.--Rand McNally today introduced significant additions to its IntelliRoute® and MileMaker® commercial trucking solutions to help carriers and shippers save time and money. These enhancements will provide more flexibility and customization in freight rating and truck routing, more specific routing in Me ... Continue reading
Kwik-Fit Unveils Alternative Calendar
Dec 29, 2008
Kwik-Fit today announces the launch of its Tyre Wall of Shame calendar 2009. Though not as glamorous as the famous Pirelli Calendar with its exotic locations and beautiful models, the Tyre Wall of Shame is equally compelling, and is the perfect gift in helping keep loved ones safe on the roads next year. ... Continue reading
Toyota recalls more than 120,000 cars in China
Dec 26, 2008
Toyota recalls more than 120,000 cars in China due to steering defect BEIJING December 25, 2008; The AP reported that Toyota Motor Corp. has issued a recall for more than 120,000 cars in China to fix a problem that could result in loss of steering control, China's quality watchdog said Thursday in the latest piece of b ... Continue reading
Lear Adopts Stockholder Rights Plan Structured to Preserve Use of Net Operating Losses
Dec 23, 2008
SOUTHFIELD, Mich., Dec. 23 -- Lear Corporation , a leading global supplier of automotive seating systems, electrical distribution systems and electronics products, today announced that its Board of Directors has adopted a stockholder rights plan ("Rights Plan"). The Rights Plan is designed to preserve stockholder value ... Continue reading
Tenneco Amends Financial Covenant for Fourth Quarter
Dec 23, 2008
LAKE FOREST, Ill.--Tenneco announced today that its senior lenders have agreed to amend a financial covenant in Tennecoâs senior secured credit facility for the fourth quarter of 2008, which relaxes the leverage covenant ratio (net debt/EBITDA) by increasing the maximum ratio to 4.25 from a maximum ratio of 4.0. T ... Continue reading
ACG Chicago Summit Drives National Automotive Battery Alliance
Dec 23, 2008
CHICAGO--The Chicago chapter of the Association for Corporate Growth, the premier professional organization focused on corporate growth, corporate development and mergers and acquisitions, provided the impetus for the nationâs first National Alliance for Advanced Transportation Battery Cell Manufacture when it inv ... Continue reading
Earl Scheib Announces Operating Results for the Second Quarter of Fiscal Year 2009
Dec 22, 2008
SHERMAN OAKS, Calif.--Earl Scheib, Inc. (PINK SHEETS:ESHB) reported its results for the second quarter and six months ended October 31, 2008 of the fiscal year ending April 30, 2009 (âfiscal 2009â). Net sales for the second quarter of fiscal 2009 were $8,453,000, a decrease of 27.8% from the second quarter of ... Continue reading
Textron Announces Plan to Exit All Non-Captive Financial Businesses
Dec 22, 2008
PROVIDENCE, R.I.--Textron Inc. today announced that its Board of Directors has approved a plan to exit all of Textron Financial Corporationâs (TFC) commercial finance business through a combination of orderly liquidation and selected sales, other than that portion of the business supporting the financing of custom ... Continue reading
Dec 22, 2008
CARROLLTON, Texas--Universal Power Group, Inc. (NYSE Alternext US: UPG) today announced that it has entered into a licensing agreement with Eveready Battery Company, Inc., a division of Energizer Holdings, Inc. , to develop a line of consumer products under the Energizer® brand for distribution through mass, specialty ... Continue reading
Battery Giant Gold Peak Takes Equity Stake in Plug In Conversions Corp.
Dec 19, 2008
First Plug-In Prius With Gold Peak Batteries On Display at SD International Auto Show POWAY, CAÂ - December 19, 2008: Gold Peak Industries North America, a subsidiary of GP Batteries International, has acquired an equity stake in Plug In Conversions Corp. (PICC), which positions the latter to sell its plug-in Toyota ... Continue reading
First Continental Service Center Opened By National Distributor Nasco Automotive In Amman, Jordan
Dec 18, 2008
Today the opening of the first Continental tire shop at Amman, Jordan was celebrated. It is located in Al Madina Munawra street in the western part of Amman. The shop design was developed by considering Continental`s highest shop quality standards and advanced equipment operating with highly skilled personnel. ... Continue reading
IIHS New Crash Tests: Small Cars Lag in Side, and Rear Impact Protection
Dec 17, 2008
New crash tests of small cars: good ratings in frontal tests but many models need better side and rear crash protection ARLINGTON, VA â Most new small cars now earn good ratings in frontal crash tests but not when it comes to side and rear crashes. The Insurance Institute for Highway Safety recently completed fron ... Continue reading
TomTom Announces Five Millionth Map Share Improvement
Dec 16, 2008
CONCORD, Mass.--TomTom, the worldâs leading navigation solutions provider, today announces that members of the TomTom Map Share community have made a total of five million map improvements worldwide. This milestone results from a surging adoption of TomTomâs proprietary technology by the TomTom Map Share comm ... 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.