News By Topic: Repair and Maintenance

Federal-Mogul Corporation Delivers Solid Sales

Oct 22, 2008

Operating Results Comparable to Year-Ago Levels in Spite of Significant Economic Downturn Experienced in Q3 2008 SOUTHFIELD, Mich., Oct. 22 -- Federal-Mogul Corporation today reported solid year-over-year results with third quarter sales of $1,692 million, gross margin of $279 million, pre-tax earnings of $22 million a ... Continue reading

Dollar Thrifty Automotive Group Provides Update on Liquidity

Oct 22, 2008

TULSA, Okla., Oct. 22 -- Dollar Thrifty Automotive Group, Inc. today announced that it anticipates closing the third quarter with a profit. Additionally, the Company expects to end the third quarter with an unrestricted cash balance in excess of $200 million, up from $80 million as of June 30, 2008, as the Company bene ... Continue reading

Automakers delay car launches after falling sales

Oct 22, 2008

Automakers delay car launches after falling sales http://www.gasgoo.com/auto-news/1008126/Automakers-delay-car-launches-a fter- falling-sales.html Shanghai, October 22 (Gasgoo.com) Chinese automakers almost unanimously postponed plans for new car launches amid worries about a demand slowdown, National Business Daily re ... Continue reading

Bosch to add 850 mln euros to China investment

Oct 22, 2008

Bosch to add 850 mln euros to China investment http://www.gasgoo.com/auto-news/1008122/Bosch-to-add-850-mln-euros-to-C hina- investment.html Shanghai, October 22 (Gasgoo.com) Bosch Chairman Franz Fehrenbach announced in Beijing recently that Bosch will invest 100 million euros to build a new energy facility in Beijing ... Continue reading

Hayes Lemmerz Recognized by Nissan North America for Top Performance

Oct 22, 2008

NORTHVILLE, Mich., Oct. 21 -- Hayes Lemmerz International, Inc. announced today that its aluminum wheel manufacturing operation in Chihuahua, Mexico has received Nissan North America, Inc.'s Quality Master and Zero Defects Awards. The Quality Master Award is based on year-long evaluations of Nissan's suppliers by the c ... Continue reading

Details of Ford Motor Company's November 7 Briefing for Third Quarter 2008 Financial Results

Oct 21, 2008

DEARBORN, Mich., Oct. 21 -- Ford Motor Company will release its third quarter financial results at 7 a.m. EST Friday, Nov. 7. The following briefings will be conducted after the announcement: At 9 a.m. EST, Alan Mulally, Ford president and chief executive officer, and Lewis Booth, executive vice president and chief fin ... Continue reading

Hella Energy Management Systems Increase Car Features, Fuel Economy

Oct 21, 2008

DETROIT--Hella KGaA Hueck & Co., a global tier-one automotive supplier, knows that American consumers expect their fuel-efficient automobiles to be more than small “econo boxes.” Hella is showcasing several energy management technologies at Convergence 2008, Oct. 20-22 at Detroit’s Cobo Center, that addr ... Continue reading

GKN Marks Anniversary of China's First Auto Component JV

Oct 21, 2008

SHANGHAI, China--GKN Driveline is celebrating the 20th anniversary of its joint venture with Shanghai Automotive Industry Corporation (SAIC). The first automotive industry component-manufacturing joint venture in China, Shanghai GKN Drive Shaft Company (SDS) was formed in 1988. Other Chinese partners in Shanghai GKN in ... Continue reading

U.S. Auto Parts Network, Inc. to Report Third Quarter 2008 Financial Results on October 30, 2008

Oct 21, 2008

CARSON, Calif., Oct. 21 -- U.S. Auto Parts Network, Inc. announced today that it will report financial results for the third quarter ended September 30, 2008, on Thursday, October 30, 2008, after the market close. The Company will hold a conference call to discuss the results the same day. Participating in the call wil ... Continue reading

Twin Disc, Inc. Declares Regular Quarterly Cash Dividend

Oct 21, 2008

RACINE, Wis.--Twin Disc, Inc. , announced today that the Board of Directors declared a regular quarterly cash dividend of $0.07 per share payable on December 1, 2008, to shareholders of record on November 14, 2008. Twin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equi ... Continue reading

Valeo: Third Quarter 2008 Results - Good Resistance in a Difficult Environment

Oct 21, 2008

PARIS, October 21 -- Following the meeting of its Board of Directors yesterday, Valeo presents its consolidated results for the third quarter 2008. In million euros 3rd quarter 9 months (Non audited) 2008 2007 change 2008 2007 change Total operating revenues 2,112 2,245 -5.9% 7,026 7,251 -3.1% Gross margin 315 340 -7.4 ... Continue reading

Hella Supplies 2009 Opel with Traffic Sign Detection Camera

Oct 21, 2008

PLYMOUTH, Mich.--Hella KGaA Hueck & Co., a tier-one supplier of automotive lighting and electronic equipment, is providing General Motors’ European 2009 Opel Insignia with a camera system that reads traffic signs and warns of unintended lane departures. One of Hella’s driver assistance systems, the optional c ... Continue reading

Continental's eHorizon Reads the Road to Optimize Vehicle Efficiency and Performance

Oct 21, 2008

-- Continental's eHorizon control unit concept shares navigation data with chassis, powertrain and other systems for improved drivability, fuel economy and safety -- Volume production planned for 2012 AUBURN HILLS, Mich., Oct. 20 -- Commercial and passenger vehicle safety, drivability and fuel economy all can be improv ... Continue reading

Visteon Technology Helps Drivers to Be More Aware of Surroundings

Oct 20, 2008

VAN BUREN TOWNSHIP, Mich., Oct. 20, 2008 -- Visteon Corporation is supplying the 2009 Dodge Grand Caravan and Chrysler Town and Country with optional driver awareness systems that help make drivers more cognizant of their surroundings. (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) Visteon's Blind Spo ... Continue reading

Lear Third-Quarter Earnings Conference Call Details

Oct 20, 2008

SOUTHFIELD, Mich., Oct. 20 -- Lear Corporation will hold its third-quarter 2008 earnings conference call to review financial results and related matters on Thursday, October 30, 2008 at 9:00 a.m. EDT. To participate in the conference call: -- Domestic calls 1-800-789-4751 -- International calls 1-706-679-3323 The audio ... Continue reading