Distributors Deal With Product Proliferation as Demand for Performance Tires Surges
Jul 26, 2004
PALO ALTO, Calif.--July 26, 2004--Responding to the North American consumers' demand for a wider range of tires, manufacturers are flooding the market with stylized high performance as well as larger-sized tire lines for passenger cars and light trucks. To tackle the resulting market proliferation, distributor networks ... Continue reading
Delphi Expands Presence in Japan
Jul 26, 2004
Delphi Opens New Engineering Facility, Two New Customer Service Centers in Japan Expansion further strengthens Delphi's ability to meet OEM needs in global market TOKYO, July 26 -- Delphi Corp. has opened a new engineering facility and two new customer service centers in Japan, further expanding its presence in the cou ... Continue reading
Delco Remy International Changes Name to Remy
Jul 26, 2004
ANDERSON, Ind., July 26 -- Delco Remy International, Inc., changes its corporate name to Remy International, Inc., effective August 1, 2004, marking the tenth anniversary as a separate company from General Motors Corporation. The company will continue to market certain starters and heavy-duty alternators for original e ... Continue reading
Standard Motor Products, Inc. Announces Second Quarter 2004 Earnings and a Quarterly Dividend
Jul 26, 2004
NEW YORK--July 26, 2004--Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, reported today its consolidated financial results for the three months and six months ended June 30, 2004. Consolidated net sales for the second quarter of 2004 were $235 million, compared to consolida ... Continue reading
Cooper Tire to Begin Race Tire Production in the U.S.
Jul 26, 2004
FINDLAY, Ohio, July 26 -- COOPER TIRE & RUBBER COMPANY today announced intentions to begin production of racing tires at its Athens, Georgia, manufacturing facility, which currently produces retread materials. This decision will result in an investment of $11 million during the next two years. Conversion to motorsports ... Continue reading
Road Trip: MINI MotoringGear Hits the Highway and Unexpected Backroad Turns
Jul 23, 2004
Motoring Lifestyle Collection Tunes Up the Fashion Scene with Versatile Clothing and Accessories Inspired by MINI WOODCLIFF LAKE, N.J., July 23 -- MINI MotoringGear motors onto the fashion scene with vibrant colors and signature urban designs inspired by the adventurous attitude of the MINI automobile brand, providing ... Continue reading
Delphi Opens New Technical Center in Korea
Jul 23, 2004
New center reaffirms commitment to Korean market J.T. Battenberg III leads inauguration of major investment for Delphi SEOUL, South Korea, July 23 -- Delphi Corp. officially opened its second Korean technical center during a ceremony this week in Seoul. (Logo: http://www.newscom.com/cgi-bin/prnh/20020315/DEF002LOGO ) D ... Continue reading
UnitedAuto Announces Quarterly Dividend
Jul 23, 2004
BLOOMFIELD HILLS, Mich.--July 23, 2004--UnitedAuto Group, Inc. , a FORTUNE 500 automotive specialty retailer, today announced that its Board of Directors has approved a quarterly dividend of $0.10 per share payable on September 1, 2004 to shareholders of record on August 9, 2004. About UnitedAuto UnitedAuto, which has ... Continue reading
Federal-Mogul Reports Second Quarter 2004 Results
Jul 22, 2004
SOUTHFIELD, Mich.--July 22, 2004--Federal-Mogul Corporation (OTCBB:FDMLQ) today reported its financial results for the three and six months ended June 30, 2004. Financial Summary (in millions) Three Months Six Months Ended Ended -------------- -------------- June 30 June 30 -------- ------- 2004 2003 2004 2003 ------ - ... Continue reading
Visteon Reports Improved Second Quarter Earnings
Jul 22, 2004
Second Quarter Highlights * Net income of $31 million reflects $198 million improvement over second quarter 2003 * Revenue hits $4.9 billion, up $257 million from a year ago * Non-Ford revenue of $1.4 billion, up 35% from a year ago * Year-over-year improvement in cash flow from operations DEARBORN, Mich., July 22 -- V ... Continue reading
Cooper Tire & Rubber Company Reports All-Time Record Sales, Improved Earnings
Jul 22, 2004
Second Quarter Highlights * Sales increased 18 percent to an all-time record $992 million * Net income increased 163 percent to $33 million * Earnings per share increased 159 percent to 44 cents * Total tire unit sales increased 10 percent * Tire revenue increased 19 percent * Tire operating profit increased 94 percent ... Continue reading
Timken Posts Record Sales of $1.1 Billion in Second Quarter
Jul 22, 2004
Earnings Up Sharply Over Last Year's Second Quarter CANTON, Ohio, July 22 -- The Timken Company today reported record sales of $1.1 billion for the second quarter of 2004, up 14 percent from the prior year. Sales increases in all three of the company's business groups drove strong earnings performance in the quarter. ( ... Continue reading
Jul 22, 2004
JUPITER, Fla.--July 22, 2004--Accident Prevention Plus, Inc. (OTCBB:ACPL) completed the extensive, year-long research and development and successful testing of its TSTI Interface, supporting the CAN (Controller Area Network) ISO 11898 protocol. This week, the new product is being prototyped involving a "shrinking" proc ... Continue reading
Jul 22, 2004
MINNEAPOLIS--July 22, 2004--ObjectFX, a leader in delivering dynamic location-enabled enterprise information services with SpatialFX, its innovative and patented 100% Java/J2EE enterprise software platform, today announced Barry J. Glick as its President and CEO. Glick is a recognized leader in the geospatial and relat ... Continue reading
Noble International Announces Record Second Quarter
Jul 22, 2004
Net Income and Posts Earnings of $0.40 per Diluted Share WARREN, Mich., July 22 -- Noble International, Ltd. ("Noble" or the "Company") reported earnings of $0.40 per diluted share for the second quarter ending June 30, 2004, coming in at the upper end of its guidance. For the first half of 2004, Noble posted earnings ... Continue reading
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