Genuine Parts Company Reports Increased Sales and Earnings for Third Quarter
Oct 18, 2008
Sales Increased 3%, EPS Increased 7% ATLANTA, Oct. 17 -- Genuine Parts Company reported increased sales and earnings for the third quarter and nine months ended September 30, 2008. Thomas C. Gallagher, Chairman, President and Chief Executive Officer, announced today that sales totaling $2.9 billion were up 3% compared ... Continue reading
PPG Transformation Continues to Drive Growth Despite Economic Headwinds
Oct 17, 2008
PITTSBURGH--PPG Industries today reported record sales for the third quarter of $4.2 billion, surpassing the prior yearâs third quarter results by 37 percent. Third quarter reported net income was $117 million, or 70 cents per share. Adjusted net income excluding unusual items was $227 million, or $1.37 per share. ... Continue reading
Textron Reports Third Quarter EPS from Continuing Operations of $0.85
Oct 16, 2008
PROVIDENCE, R.I.--Textron Inc. today reported third quarter 2008 income from continuing operations of $210 million or $0.85 per share, compared to third quarter 2007 income from continuing operations of $225 million or $0.88 per share. Last yearâs result included a one-time gain related to an insurance settlement, ... Continue reading
Lexus Brings New Project Cars and Energy to the 2008 SEMA Show
Oct 16, 2008
TORRANCE, Calif., Oct. 16 -- Lexus is taking its performance message to the Specialty Equipment Market Association (SEMA) Show for its second official appearance this fall with a bevy of new project cars and multiple ways to sample its IS F high-performance sedan and F-Sport products. Headlining the project cars will b ... Continue reading
Parker Reports Record First Quarter Sales
Oct 16, 2008
CLEVELAND, Oct. 16 -- Parker Hannifin , the world leader in motion and control technologies, today reported record first quarter sales, net income, earnings per diluted share and cash flow from operations for the quarter ending September 30, 2008. (Logo: http://www.newscom.com/cgi-bin/prnh/19990816/PHLOGO ) Fiscal 2009 ... Continue reading
Ener1 Acquires Leading Korean Lithium-ion Battery Cell Producer
Oct 16, 2008
Deal Brings Broader, More Diverse Capacity to Produce Advanced Power Systems for Next Generation of Electric Vehicles Management Will Host Investor Call at 11:00 Eastern, Thursday, October 16 NEW YORK, Oct. 16 -- Ener1, Inc. (AMEX:HEV) announced today it has agreed to acquire an 83% interest in Enertech International, ... Continue reading
Lear Announces Aggressive Cost Reduction Actions Targeting $150 Million in Operating Improvements
Oct 15, 2008
SOUTHFIELD, Mich., Oct. 15 -- Lear Corporation , a leading global supplier of automotive seating systems, electrical distribution systems and electronics products, today announced aggressive cost reduction actions targeting an additional $150 million of improvement in operating performance over the next twelve months. ... Continue reading
China to hear evidence in Geneva over auto parts
Oct 15, 2008
China to hear evidence in Geneva over auto parts http://www.gasgoo.com/auto-news/1008036/China-to-hear-evidence-in-Genev a-ove r-auto-parts.html Shanghai, October 15 (Gasgoo.com) Representatives from China's Ministry of Commerce will arrive at WTO headquarters in Geneva to hear the evidence and wait for the final rulin ... Continue reading
GreenChek Announces a More Aggressive Strategic Plan Following 3rd Party Certification Results
Oct 15, 2008
SAN FRANCISCO--GreenChek Technology Inc. (OTCBB:GCHK), a leading globally focused provider of hydrogen based technology for mobile transportation and stationary power generation applications, reported today that they are fast-tracking their Strategic Sales Plan as a result of the certification process which confirmed p ... Continue reading
Bridgestone Americas to Rename Company Operations
Oct 14, 2008
FOR IMMEDIATE RELEASE Contact: Media Center (877) 201-2373 Bridgestone Americas to Rename Company Operations NASHVILLE, Tenn. (Oct. 14, 2008) - Mark A. Emkes, Chairman and CEO of Bridgestone Americas Holding, Inc., today announced a plan to rename the company's operations effective Jan. 1, 2009. "Today we are announcin ... Continue reading
Johnson Controls-Saft Announces Second Lithium-Ion Hybrid Battery Production Contract
Oct 14, 2008
MILWAUKEE, Wisconsin, October 14 -- Johnson Controls-Saft will be providing lithium-ion batteries for BMW's 7 Series ActiveHybrid car, currently being showcased at the Paris motor show. Lithium-ion batteries are 30 percent smaller and 50 percent lighter than NiMH batteries used in hybrid electric vehicles (HEVs) on the ... Continue reading
Toyota Financial Services Introduces Toyota Rewards Visa to Help Consumers
Oct 14, 2008
Toyota Rewards Visa cardmembers earn Toyota Rewards Points that can be redeemed toward parts and accessories, an eligible vehicle lease or purchase, or service from participating Toyota dealerships. TORRANCE, Calif., Oct. 14 -- Americans' love affair with their vehicles drives them to spend nearly 18 cents of every dol ... Continue reading
Zag Names Brenner to Head Consumer Initiatives, Appoints Innovators from Outside Auto Industry
Oct 14, 2008
SANTA MONICA, Calif.--Zag (http://www.zag.com), the online no-haggle car-buying platform that connects ready buyers with certified dealers through trusted affinity groups, today announced it has promoted Business Development head Bernie Brenner to Executive Vice President in charge of its Consumer initiatives. At the s ... Continue reading
Kia Motors posts 2.7% increase in September global sales
Oct 14, 2008
NEWS FOR IMMEDIATE RELEASE CONTACT: Michael Choo ( <mailto:cdore@kia.co.kr> mjc@kia.co.kr), International Communications Manager, Kia Motors Corporation, Tel: +82-2-3464-5663 Kia Motors posts 2.7% increase in September global sales - Cumulative sales surpass one million units over first nine months of 2008, increasing ... Continue reading
Hyundai-Kia China has import permit revoked
Oct 14, 2008
Hyundai-Kia China has import permit revoked http://www.gasgoo.com/auto-news/1008023/Hyundai-Kia-China-has-import-pe rmit- revoked.html Shanghai, October 14 (Gasgoo.com) Industry sources said that the import permit of Hyundai-Kia Auto (China) has been suspended because of complaints from dealers, said Beijing Morning Po ... Continue reading
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