GKN Driveline launches new facility in Shanghai
Oct 17, 2008
GKN Driveline launches new facility in Shanghai Shanghai, October 17 (Gasgoo.com) The Shanghai-based new wholly-owned facility of GKN Driveline Torque Technology has started operation, the company said on October 15. Mass production at the plant of 4,400 square meters in the Shanghai Pudong Kangqiao Industrial Zone beg ... Continue reading
HANS Sliding Tethers Nominated for International Safety Award
Oct 17, 2008
ATLANTA, Oct. 15 -- The patent pending Vision Advantage PLUS(TM) sliding tether system from HANS has been shortlisted for the 2008 Safety Innovation of the Year Award. It is one of four finalists. The award will be presented as part of November's Professional MotorSport World Expo held in Cologne, Germany. Previous win ... Continue reading
Oct 17, 2008
LIVONIA, Mich., Oct. 16 -- TRW Automotive Holdings Corp. , through its Kelsey-Hayes Company subsidiary, is developing its second-generation Slip Control Boost 2 (SCB 2) brake technology ideal for regenerative and low vacuum powertrain vehicles. (Logo: http://www.newscom.com/cgi-bin/prnh/20010824/TRWLOGO ) Slip Control ... 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
Muscle Car 1000 Rally Raises $30,000 To Feed Hungry In Honduras
Oct 16, 2008
Newport, CA. October, 16, 2008: Muscle Car 1000 â Americaâs most luxurious collector car adventure â generated $30,000 to feed the hungry during a five-day rally October 5-9. Entrants came from as far away as Georgia, Texas and Canada. Each of the 30 car owners (some bringing a guest) took a 1,000-mile j ... 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
Volvo Technology Transfer AB Investment Sparks Global Expansion Program at Coherix
Oct 15, 2008
ANN ARBOR, Mich.--Volvo Technology Transfer AB of Göteborg, Sweden, has finalized an investment in Coherix, Inc. (an Ann Arbor-based company) to accelerate the launch of Coherixâs European operations. Coherix develops high-tech systems to improve engine-manufacturing quality. The investment is part of a compreh ... Continue reading
New GKN Driveline Factory Begins Production in Shanghai
Oct 15, 2008
SHANGHAI--GKN Driveline Torque Technology has started volume production of transmission differentials for major domestic and overseas vehicle manufacturers at its new wholly-owned facility in Pudong, Shanghai, China. "This is an important milestone for our expanding presence in China,â said Graeme Walford, managin ... 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
Plug-In Safety Drive Connecting With Electricians
Oct 15, 2008
A joint effort is being launched to spark fresh interest in vehicle safety. Industry body the National Industrial Council for Electrical Installation Contractors, van racking specialist Sortimo, and vehicle manufacturer Ford are hoping to connect with electricians and other trades during the Interbuild show for the con ... Continue reading
Johnson Controls-Saft Announces Second Lithium-Ion Hybrid Battery Production Contract
Oct 15, 2008
MILWAUKEE, Oct. 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 road today. ( ... Continue reading
Exousia Begins Shipping PowerShield Coatings From Tianjin Facility
Oct 15, 2008
SUGAR LAND, Texas, Oct. 14 -- Exousia Advanced Materials, Inc. (OTC:EXOU) (BULLETIN BOARD: EXOU) announces that they are shipping industrial coatings orders produced at the company's PowerShield Industrial Coatings Blending Facility in Tianjin, China. Exousia produced a VISTAMER(R) based under-carriage coating for Huna ... Continue reading
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