Delco Remy Completes Sale of $275 Million of New Notes
Apr 24, 2004
ANDERSON, Ind., April 23 -- Delco Remy International, Inc. today announced that it has successfully completed the sale of $275 million of new notes. As previously announced, the offering included $125 million of second priority senior secured floating rate notes due 2009 bearing interest at LIBOR plus 4.00% and $150 mi ... Continue reading
KVH Brings Low-profile TracVision A5 Satellite TV to RVs and Motor Coaches
Apr 23, 2004
MIDDLETOWN, R.I.--April 23, 2004-- Leading RV Parts and Accessory Distributor STAGPARKWAY Now Offering Award-winning System through RV Dealers Nationwide Satellite TV for RVs and motor coaches no longer requires an antenna the height of an air conditioning unit thanks to the KVH TracVision A5, the world's first and onl ... Continue reading
Amerityre's Polyurethane Car Tires Pass FMVSS Test Standards
Apr 23, 2004
BOULDER CITY, Nev., April 23 -- Amerityre Corporation (BULLETIN BOARD: AMTY) . In January 2004, Amerityre began testing prototype polyurethane car tires at an independent lab to determine if the tires comply with Federal Motor Vehicle Safety Standard No. 109, applicable to new pneumatic tires. FMVSS No. 109 specifies t ... Continue reading
ArvinMeritor Reports Fiscal Year 2004 Second-Quarter Results
Apr 23, 2004
TROY, Mich., April 23 -- ArvinMeritor, Inc. today reported record sales of $2.3 billion and net income of $41 million, or $0.59 per diluted share, for its second fiscal quarter ended March 31, 2004, compared to the prior year's second-quarter net income of $24 million, or $0.36 per diluted share. The second quarter inc ... Continue reading
Rising Gas Prices Call for Better Tire Care, Says Goodyear
Apr 22, 2004
During National Tire Safety Week, Goodyear Says Motorists Can Offset Record Fuel Prices Through More Vigilance at the 'Other' Pump AKRON, Ohio, April 22 -- As U.S. drivers complain about the prices they are paying at fuel pumps, they may not realize they have the ability to significantly reduce their transportation cos ... Continue reading
TRW Says Its Brake Calipers Offer High Performance, Lower Cost Across Broad Vehicle Range
Apr 22, 2004
LIVONIA, Mich., April 22 -- TRW Automotive, the world leader in foundation brakes and the number one supplier of calipers worldwide, is introducing an expanded lineup of brake calipers that offer outstanding performance at very competitive prices. (Logo: http://www.newscom.com/cgi-bin/prnh/20010824/TRWLOGO ) Among the ... Continue reading
Grupo Imsa Announces First Quarter 2004 Results
Apr 22, 2004
MONTERREY, Mexico--April 22, 2004--Grupo Imsa, S.A. de C.V. today announced results for the first quarter of 2004. Unless otherwise stated, all figures are presented in millions of March 31, 2004 pesos (Ps), or in millions of nominal U.S. dollars(a) (US$). First Quarter 2004 Highlights -- With a better environment for ... Continue reading
Team Lexus and Cooper Tire Form New Partnership
Apr 22, 2004
FOR IMMEDIATE RELEASE CONTACT: Patricia J. Brown, (419) 424-4370, pjbrown@coopertire.com OLE_LINK1Team Lexus and Cooper Tire Form New Partnership Cooper Expands its Motorsports Presence Findlay, Ohio, April 22, 2004 - COOPER TIRE & RUBBER COMPANY today announced a partnership with Team Lexus, which is participating in ... Continue reading
Cooper Tire & Rubber Company Reaches New All-Time Record Sales, Driving Income Up 56 Percent
Apr 22, 2004
First Quarter Highlights * All-time record sales, year-over-year increase of 23 percent * Net income increased 56 percent * Earnings per share of 32 cents increased 52 percent * Earnings per share net of restructuring charges increased 64 percent * Tire Group sales increased 23 percent, setting a first quarter record * ... Continue reading
Tire Company Urges Year 'Round Tire Care
Apr 22, 2004
National Tire Safety Week Is April 25 To May 1 GREENVILLE, S.C., April 22 -- Next week is National Tire Safety Week (April 25 to May 1), and Michelin urges drivers not to wait for a special time of year to think about the safety of their tires. According to the National Highway Traffic Safety Administration, more than ... Continue reading
BorgWarner Stockholders Approve Two-For-One Stock Split; Board Declares Regular Quarterly Dividend
Apr 21, 2004
CHICAGO, April 21 -- At their annual meeting today, the stockholders of BorgWarner Inc. approved an increase in the number of shares of authorized common stock to 150 million from 50 million allowing for a two-for-one stock split. The stock split will be effective May 17, 2004 to shareholders of record on May 3, 2004. ... Continue reading
Delco Remy International Announces Executive Departure
Apr 21, 2004
ANDERSON, Ind., April 21 -- Richard L. Keister, President of Delco Remy International's (DRI) Aftermarket Group will be resigning on May 31, 2004 to join Keystone Automotive Industries (Nasdaq), a supplier to the collision repair industry, as their CEO. Keister joined DRI in 1997 when World Wide Automotive was acquired ... Continue reading
Texas Instruments Brings Bluetooth and High-Quality Audio to Cellular Hands- Free Kit Systems
Apr 21, 2004
Application-specific Hardware and Software Speed Development and Enhance Product Differentiation for Cellular Accessory OEMs HOUSTON, April 21 -- Continuing to drive faster time-to- market for the development of hands-free kits, Texas Instruments (TI) today announced the Hands-Free Kit (HFK) Development Platform matche ... Continue reading
Industry Veterans to Oversee Leading Enthusiast Automotive Publishing Groups
Apr 21, 2004
NEW YORK--April 21, 2004--PRIMEDIA Inc. today announced the appointment of industry veterans Steven Parr and John Rousseau to lead two newly created enthusiast automotive publishing groups within the company. These groups, Performance Automotive and International Automotive, are comprised of more than 50 magazines and ... Continue reading
Visteon Expands Radiator and Condenser Lines
Apr 21, 2004
PRESS RELEASE Contact: Jennifer Klas Visteon Aftermarket 800-896-2220 jklas@visteon.com <mailto:jklas@visteon.com> ___________________________________________________________ _________________ Visteon Expands Radiator and Condenser Lines Livonia, Michigan, April 21, 2000-Visteon Aftermarket has announced a significant ... 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.