Jan 26, 2009
Conference Call Scheduled at 10.00am ET AZOUR, Israel, January 26 -- Ituran Location and Control Ltd. , announced that it will be releasing its fourth quarter and full year 2008 results on Monday, February 23, 2009, before the US market opens. The Company will also be hosting a conference call later that day at 10:00am ... Continue reading
Eaton Reports Fourth Quarter Net Income Of $.98 Per Share
Jan 26, 2009
CLEVELAND--Diversified industrial manufacturer Eaton Corporation today announced net income per share of $.98 for the fourth quarter of 2008, a decrease of 43 percent from net income per share of $1.71 in the fourth quarter of 2007. Sales in the quarter were $3.5 billion, 3 percent above the same period in 2007. Net in ... Continue reading
OEConnection and Snap-On Business Solutions Unveil New Automotive Parts Sales Solution
Jan 24, 2009
RepairLink with MORE(TM) bridges the parts sales gap between franchised dealerships and independent repair facilities RICHFIELD, Ohio, Jan. 24 -- Snap-on Business Solutions Inc. and OEConnection LLC today revealed a collaborative solution designed to help franchised automotive dealerships sell mechanical replacement pa ... Continue reading
Leading Vietnamese Scooter Manufacturer Selects KMA's High-Performance Electric Motor
Jan 23, 2009
AUSTIN, Texas--The leading Vietnamese-based scooter manufacturer, Sufat Co. Ltd., is developing a new line of scooters designed to integrate Austin-based KLD Motors America, Inc.âs (KMA) electric motor system. The deal represents the first large-scale agreement for KMA to produce its patented, high-frequency, low ... Continue reading
Genuine Parts Company Updates 2008 Sales and Earnings Expectations
Jan 23, 2009
~ Announces Dividend Increase for 53rd Consecutive Year ~ ATLANTA, Jan. 23 -- Genuine Parts Company announced today that it now expects full year 2008 sales to increase approximately 2% compared to fiscal 2007, and anticipates reporting diluted earnings per share in the range of $2.85 to $2.90. This range includes a ch ... Continue reading
Lear Revises Time for Fourth-Quarter and Full-Year 2008 Earnings Conference Call
Jan 23, 2009
SOUTHFIELD, Mich., Jan. 23 -- Lear Corporation today announced it is rescheduling its conference call to review the company's fourth-quarter and full-year 2008 financial results and related matters to 8:00 a.m. ET on Thursday, January 29, 2009, to avoid a conflict with Ford Motor Company's conference call. To participa ... Continue reading
Weekly Values Now Available in Kelley Blue Book's KARPOWER Online
Jan 23, 2009
IRVINE, Calif., Jan. 23 -- Kelley Blue Book, www.kbb.com, the leading provider of new- and used-vehicle information, is now publishing its trusted used-vehicle values weekly via its Web-based product KARPOWER Online(R). KARPOWER Online can be accessed across an organization, offering dealer management system (DMS) poll ... Continue reading
Inilex Launches New SmartAlert Products for Ford Motor Company Vehicles
Jan 22, 2009
TEMPE, Ariz. & NEW ORLEANS--Inilex Inc., a leading provider of intelligent telemetry solutions, is announcing at the NADA 2009 Convention and Expo that it will provide Ford, Lincoln and Mercury vehicle owners with its GPS-based SmartAlert⢠SVR (Stolen Vehicle Recovery) and SmartAlert⢠Advantage products. Inil ... Continue reading
SAE International Launches New Services to Aid Auto Industry
Jan 22, 2009
DETROIT, Jan. 22 /PRNewswire-USNewswire/ -- SAE International's Automotive Resources Institute (SAE-ARi), a diverse network of certified automotive industry experts, now offers services that can provide immediate and effective results for automotive industry suppliers and OEMs facing today's unstable market and continu ... Continue reading
Iteris Announces Early Retirement of $1.5 Million in Convertible Debt
Jan 22, 2009
SANTA ANA, Calif.--Iteris, Inc. (AMEX: ITI), a leader in the traffic management market that focuses on the application and development of advanced technologies, today announced the early retirement of $1.5 million in convertible debentures for $1.47 million, saving the Company $30,000 in principal and approximately $12 ... Continue reading
Ituran Location and Control Ltd. Announces Annual General Meeting's Results
Jan 22, 2009
AZOUR, Israel, January 22 -- Ituran Location and Control Ltd. today announced that On January 22 2009, Ituran Location and Control LTD held an Annual General Meeting which approved the following: (1) To renew the appointment of the firm of Fahn Kanne & co. (a member firm of Grant Thornton international) as the Company' ... Continue reading
BorgWarner Declares Quarterly 2009 Dividend
Jan 22, 2009
AUBURN HILLS, Mich., Jan. 22 -- The board of directors of BorgWarner Inc. declared a quarterly dividend of $0.12 per share on all of the company's issued and outstanding common stock. The dividend is payable on February 16, 2009 to shareholders of record on February 2, 2009. Auburn Hills, Michigan-based BorgWarner Inc. ... Continue reading
Ricardo and SupplierBusiness Collaborate on Major Automotive Technology Roadmap Report
Jan 22, 2009
VAN BUREN TWP., Mich., Jan. 22 -- In a major report published today, experts from all parts of the Ricardo organization have supported SupplierBusiness to provide a comprehensive overview of the emerging technologies that will shape the future of the auto industry through the next decade and beyond. The Automotive Tech ... Continue reading
Don't Let Thieves Steal Your Car Keys
Jan 22, 2009
New guidelines issued by Britain's top Judge, the Lord Chief Justice, have called for tougher sentences for domestic burglaries as he declared this crime a 'serious criminal offence'. This new guidance offers a tougher approach on theft and burglary and is welcomed following years of treating these offences as low prio ... Continue reading
Lear Fourth-Quarter and Full-Year 2008 Earnings Conference Call Details
Jan 22, 2009
SOUTHFIELD, Mich., Jan. 22 -- Lear Corporation will hold a conference call to review the company's fourth-quarter and full-year 2008 financial results and related matters on Thursday, January 29, 2009 at 9:00 a.m. ET. (Logo: http://www.newscom.com/cgi-bin/prnh/20080520/LEARCORPLOGO ) To participate in the conference ca ... 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.