News By Topic: Repair and Maintenance

Visteon Announces Third-Quarter 2008 Results

Oct 30, 2008

VAN BUREN TOWNSHIP, Mich., Oct. 30, 2008 -- Third Quarter Financial Summary -- Product sales of $2.0 billion -- Net loss of $188 million, including asset impairments and loss on divestitures of $19 million -- EBIT-R of negative $97 million -- Cash used by operating activities of $160 million -- Quarter end cash balance ... Continue reading

Lear Reports Third-Quarter 2008 Financial Results

Oct 30, 2008

SOUTHFIELD, Mich., Oct. 30 -- Lear Corporation , a leading global supplier of automotive seating systems, electrical distribution systems and electronic products, today reported financial results for the third quarter of 2008. Business Conditions The production environment in the third quarter was extremely challenging ... Continue reading

Asbury Automotive Group Reports Third Quarter 2008 Financial Results

Oct 30, 2008

NEW YORK, Oct. 30 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today reported financial results for the third quarter and nine months ended September 30, 2008. Income from continuing operations for the third quarter was $7.1 million, or $0.22 per diluted sha ... Continue reading

TRW Automotive Reports Third Quarter 2008 Financial Results

Oct 30, 2008

LIVONIA, Mich., Oct. 30 -- TRW Automotive Holdings Corp. , the global leader in active and passive safety systems, today reported third-quarter 2008 financial results with sales of $3.6 billion, an increase of 2.8 percent compared to the same period a year ago. The Company reported a third quarter net loss of $54 milli ... Continue reading

WABCO, Fuwa to produce ADB jointly in China

Oct 30, 2008

WABCO, Fuwa to produce ADB jointly in China http://www.gasgoo.com/auto-news/1008217/WABCO-Fuwa-to-produce-ADB-joint ly-in -China.html Shanghai, October 30 (Gasgoo.com) WABCO Vehicle Control Systems, a world-leading vehicle control system maker, announced on October 23 that it will sign a collaboration agreement with Ch ... Continue reading

Fiat cuts annual sales target in China by 83%

Oct 30, 2008

Fiat cuts annual sales target in China by 83% http://www.gasgoo.com/auto-news/1008213/Fiat-cuts-annual-sales-target-i n-Chi na-by-83.html Shanghai, October 30 (Gasgoo.com) Italian carmaker Fiat has lowered its ambitious annual sales target by 2010 in China to 50,000 units from 300,000 set three years ago, down by 83%, ... Continue reading

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

Oct 30, 2008

NEW YORK, Oct. 29 -- Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, is scheduled to report its earnings for the three months ended and nine months ended September 30, 2008 on Thursday, October 30, 2008 before the opening of the stock market. Management will hold a conferen ... Continue reading

Advance Auto Parts Third Quarter Earnings Per Diluted Share Increased 4% to $0.59 versus $0.57 Last Year

Oct 30, 2008

ROANOKE, Va.--Advance Auto Parts, Inc. , a leading retailer of automotive aftermarket parts, accessories, batteries, and maintenance items, today announced its financial results for the third quarter ended October 4, 2008. Third quarter earnings per diluted share (EPS) increased 4% to $0.59 versus $0.57 last year. The ... Continue reading

WABCO Reports Q3 2008 Results

Oct 29, 2008

-- Record third quarter sales of $655 million, up 10 percent over prior year; up 2 percent in local currencies; all organic growth -- EBIT margin of 10.1 percent, an expansion of 136 basis points over prior year; EBIT margin of 11.4 percent on a performance basis, an expansion of 97 basis points over prior year in loca ... Continue reading

BorgWarner Posts Third Quarter Results; Revises Outlook for 2008

Oct 29, 2008

International Sales Offset U.S. Decline; Financial Condition Remains Strong AUBURN HILLS, Mich., Oct. 29 -- BorgWarner Inc. today reported third quarter sales and earnings for 2008. International sales offset steep declines in U.S. revenue due to declining economic conditions in the market. The company also adjusted it ... Continue reading

Official Opening For Fiat's New London Service Centre

Oct 29, 2008

A new service centre and parts distribution hub, set up to serve the growing number of new Fiat customers in central London, has just been opened by the company. ... Continue reading

Positive Progress In Young Offender Technician Training

Oct 29, 2008

A presentation at the Toyota-sponsored motor vehicle training facility at Aylesbury Young Offenders Institution in October saw nearly 50 certificates presented to inmates for technician training. More young prisoners are helping turn their lives around through T-TEP the Toyota Technical Education Programme. ... Continue reading

Bridgestone Recalls Firestone and LeMans Tires

Oct 29, 2008

NHTSA Campaign ID Number: 08T026 Synopsis: Bridgestone/Firestone North America Tire, LLC (BFNT) is recalling 135,310 Firestone FR380 tires, size P235/75R15, manufactured between June 4, 2006 and September 8, 2007, and 26,941 Lemans Champion SE tires, size P235/75R15, manufactured between June 4, 2006 and September 2, 2 ... Continue reading

Proliance Announces Preliminary 3Q 2008 Results; Final Results to Be Released Thursday

Oct 28, 2008

NEW HAVEN, Conn.--Proliance International, Inc. (AMEX:PLI), a leading global manufacturer and distributor of aftermarket heat exchange and temperature control products for automotive and heavy-duty applications, today announced preliminary results for the third quarter ended September 30, 2008. The Company expects net ... Continue reading

Rockwell Automation to Release FY2008 Fourth Quarter Results

Oct 28, 2008

MILWAUKEE--Rockwell Automation, Inc. is scheduled to release its FY2008 fourth quarter results on Tuesday, November 11, at 7:00 a.m. Eastern Time. The release will be posted on the Rockwell Automation website at www.rockwellautomation.com. A conference call to discuss the quarterly results will be held at 8:30 a.m. Eas ... Continue reading