ArvinMeritor Announces Charles G. McClure as Chairman, CEO and President
Jul 22, 2004
TROY, Mich., July 22 -- The Board of Directors of ArvinMeritor, Inc. today announced that it has named Charles G. "Chip" McClure chairman, chief executive officer and president, effective Aug. 9, 2004. McClure, who has been president, chief executive officer and a member of the Board of Directors of Federal-Mogul Corpo ... Continue reading
Cooper Tire & Rubber Company Declares 130th Consecutive Quarterly Dividend
Jul 21, 2004
FINDLAY, Ohio, July 21 -- Cooper Tire & Rubber Company today announced a quarterly dividend of 10.5 cents per share on common stock, payable September 30, 2004 to stockholders of record at the close of business September 3, 2004. This will mark the 130th consecutive quarterly dividend paid by Cooper Tire & Rubber Compa ... Continue reading
BorgWarner Declares Quarterly Dividend
Jul 21, 2004
CHICAGO, July 21 -- The board of directors of BorgWarner Inc. has declared a quarterly dividend of $0.125 per share on all of the company's issued and outstanding common stock. The dividend is payable August 16, 2004 to shareholders of record on August 2, 2004. BorgWarner Inc. is a product leader in highly engineered c ... Continue reading
Prestigious Credential for Suppliers - 2005 Automotive News PACE Award Accepting Applications
Jul 21, 2004
DETROIT, July 21 -- Automotive suppliers seeking a competitive edge can demonstrate industry excellence with a 2005 Automotive News PACE Award. Applications for the 11th annual program, recognizing innovation, technological advancement and business performance, are being accepted through Sept. 3, 2004. Open to supplier ... Continue reading
British Columbia Safety Council to Sell SmarTire Products
Jul 21, 2004
Leading Canadian safety association to promote and sell Company's tire monitoring systems RICHMOND, BC, July 21 -- SmarTire Systems Inc. (OTCBB: SMTR) today announced that the British Columbia Safety Council (BCSC) will act as a reseller of its advanced tire pressure monitoring systems (TPMS). The British Columbia Safe ... Continue reading
Dana Corporation Reports Significantly Improved Operational Results
Jul 21, 2004
Net Income Also Includes Net Gains Triggered by Transactions TOLEDO, Ohio, July 21 -- Dana Corporation today announced that its 2004 second-quarter sales were $2.3 billion, compared to $2.0 billion during the same period last year. Net income for the quarter (including $33 million of unusual net gains) totaled $108 mil ... Continue reading
Jul 21, 2004
MORRIS TOWNSHIP, N.J.--July 21, 2004--Honeywell -- EPS Increases Despite $107 Million Pre-Tax Pension Headwind -- Second-Quarter Operating Cash Flow of $505 Million and Free Cash Flow of $357 Million -- Continued Progress on Portfolio, Productivity and Growth Initiatives Honeywell today announced second-quarter earning ... Continue reading
Jul 20, 2004
BURSCHEID, Germany, July 20 -- Dr. Beda-Helmut Bolzenius has been named Johnson Controls Executive Vice President and General Manager, Europe, with responsibility for the company's automotive seating, interiors and electronics business. (Logo: http://www.newscom.com/cgi-bin/prnh/20030423/JCILOGO ) The announcement was ... Continue reading
Delphi XM Roady2 Satellite Radio Now Available at Retail Stores Nationwide
Jul 20, 2004
Delphi XM Roady2 is the Smallest, Lightest and One of the Most Affordable Satellite Radios on the Market WASHINGTON and TROY, Mich., July 20 -- XM Satellite Radio , America's No. 1 satellite radio service, and Delphi Corp. , a pioneer of in-vehicle entertainment and electronics, today announced that the much-anticipate ... Continue reading
Dauphin Completes Acquisition of EDC Hellas S.A.
Jul 20, 2004
PALATINE, Ill., July 20 -- Dauphin Technology, Inc. (Pink Sheets: DNTK) announced today that it has completed its stock purchase agreement and has acquired controlling interest of EDC Hellas S.A., a subsidiary of the Belgium-based European Datacomm Holding, a global leader in marketing and manufacturing of Tracking, Te ... Continue reading
AirGATE Technologies Announces RFID 'Smart Buckle' for Automotive Child Safety Seats
Jul 20, 2004
Radio Frequency Identification Application Warns Drivers If a Child's Safety Seat Buckle is Not Engaged or if an Infant is Left Unattended in a Parked Vehicle DALLAS, July 20 -- The X-Change Corporation's (BULLETIN BOARD: XCHC) wholly owned subsidiary AirGATE Technologies has initiated development of an RFID prototype ... Continue reading
Johnson Controls Third-Quarter EPS Up 15% to $1.15
Jul 20, 2004
MILWAUKEE, July 20 -- Johnson Controls, Inc. (JCI), the leading supplier of automotive systems and facility management and control, today reported record results for its third quarter of fiscal 2004 with diluted earnings per share increasing 15% to $1.15 from $1.00 for the prior year. Sales increased 14%, reaching $6.8 ... Continue reading
Gentex Reports Record Second Quarter Revenues and Net Income
Jul 20, 2004
ZEELAND, Mich., July 20 -- Gentex Corporation, the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and commercial fire protection products, today reported record second quarter revenues and net income for the quarter ended June 30, 2004. The Company achieved another quarterly sales record in ... Continue reading
Grupo Imsa Announces Second Quarter 2004 Results
Jul 20, 2004
MONTERREY, Mexico--July 19, 2004--Grupo Imsa, S.A. de C.V. today announced results for the second quarter of 2004. Unless otherwise stated, all figures are presented in millions of June 30, 2004 pesos (Ps), or in millions of nominal U.S. dollars(a) (US$). Second Quarter 2004 Highlights -- Second quarter revenues of all ... Continue reading
Grupo Imsa to Exit Automotive Battery Business
Jul 20, 2004
MONTERREY, Mexico--July 19, 2004--Grupo Imsa, S.A. de C.V. (BMV:IMSA) and Johnson Controls, Inc. today announced an agreement whereby Grupo Imsa will exit the automotive battery business and Johnson Controls, its JV partner since 1998, will assume 100% ownership. Grupo Imsa will obtain US$525 million, which includes ab ... Continue reading
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