DENSO Announces 2008 First-half Financial Results
Oct 30, 2008
Decrease in North American car production and currency exchange loss led to reduction in net sales and operating income KARIYA, Japan, Oct. 30 -- DENSO Corporation today announced global financial results for the first-half fiscal year ended September 30, 2008: -- Consolidated net sales totaled 1,892.3 billion yen (US$ ... Continue reading
Midas Reports 2008 Third Quarter Earnings of $0.12 Per Diluted Share after $0.04 of Special Items
Oct 30, 2008
ITASCA, Ill.--Midas, Inc. reported net earnings of $1.7 millionâor $0.12 per diluted shareâfor the third quarter ended Sept. 27, 2008, compared to $3.0 millionâor $0.21 per diluted shareâin 2007. The 2008 results include $0.04 per share of special items relating to business transformation activities ... Continue reading
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
Update: Rockwell Automation to Release FY2008 Fourth Quarter Results
Oct 30, 2008
MILWAUKEE--Due to the Securities and Exchange Commission being closed on November 11 for Veterans Day, Rockwell Automation, Inc. will now release its FY2008 fourth quarter results on Monday, November 10, after the market closes. The release will also be posted on the Rockwell Automation website at www.rockwellautomatio ... 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
Cobalt Biofuels Names Dr. Rick Wilson CEO
Oct 30, 2008
MOUNTAIN VIEW, Calif.--Cobalt Biofuels, which last week completed a $25 million equity financing, announced today that Dr. Rick Wilson has been appointed to the position of Chief Executive Officer. Dr. Wilson comes to the company with over twenty years of global energy commercial and technology experience, recently inc ... 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
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
Rolling Internet: Volkswagen Group Research Tests Mobile Internet access in the Tiguan
Oct 30, 2008
Volkswagen presents its vision of the car of tomorrow with Internet access at the International Suppliers Fair (IZB), which is being held from 29 through 31 October at the Allerpark in Wolfsburg. The centre of attention will be a Tiguan prepared by Volkswagen Group Research and a WLAN network created by the research co ... Continue reading
O'Reilly Automotive, Inc. Reports Third Quarter 2008 Results
Oct 30, 2008
SPRINGFIELD, Mo.--OâReilly Automotive, Inc. (âOâReillyâ or âthe Companyâ) today announced revenues and earnings for the third quarter ended September 30, 2008. Sales for the three months ended September 30, 2008, totaled $1.11 billion, up 68% from $0.66 billion for the same period a year a ... Continue reading
Tenneco Announces Aggressive Actions to Size Its Global Operations to Changing Market Conditions
Oct 29, 2008
LAKE FOREST, Ill.--Tenneco Inc. : Company to eliminate approximately 1,100 positions worldwide Plans include closing four manufacturing plants and one engineering facility Expects $64 million in annualized cost savings Tenneco Inc. today announced a major restructuring across its global operations designed to further r ... Continue reading
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