Auto Newswire
Twin Cities Teen Honored With National Award for Safe Teen Driving Efforts
MINNEAPOLIS, May 12 PRNewswire — Natalie Hayford, 16, of Andover, Minn., has been selected to receive The Allstate Foundation's inaugural "Teen Activist of the Year Award" for her leadership role in encouraging teens to drive safely. "I take activism very seriously, and it's a big...
The Allstate Foundation Announces National Teen Safe Driving Activists of the Year
NORTHBROOK, Ill., May 12 PRNewswire — Natalie Hayford, 16, of Andover, Minn., and Laura Marchetti of Valrico, Fla., have been selected to receive The Allstate Foundation's inaugural Teen Activist of the Year Award and Parent Activist of the Year Award, respectively, for their work to...
Pointer Telocation's Q1 2008 Results Release & Conference Call Scheduled for May 15th, 2008
ROSH HAAYIN, Israel, May 11 PRNewswire-FirstCall — 2008 Pointer Telocation Ltd. (Nasdaq Capital Market: PNTR; Tel-Aviv Stock Exchange: PNTR), — a leading RSA (Road Side Assistance) and AVL (Automatic Vehicle Location) solutions provider for stolen retrieval, fleet management...
Team Mustang Member, Cancer Survivor to Tell Her Story on NBC's 'Today' Show on Mother's Day
DEARBORN, Mich., May 10 PRNewswire-FirstCall — When Ford (NYSE: F) Mustang business manager Jackie DiMarco was working on the development of the "Warriors in Pink" package for the 2008 Mustang, which was designed to raise money for breast cancer education and research, she had no idea...
Toyota Awards $1 Million in Scholarships to 100 High School Seniors
SAN ANTONIO, May 9 PRNewswire — Toyota Motor Sales, U.S.A., Inc., (TMS) rewarded 100 high school seniors with $1 million in college scholarships for their commitment to education and community service at an awards banquet tonight. The winners, who make up the 12th class of Toyota...
Hawk Announces Record 2008 First Quarter Sales and Income from Operations
CLEVELAND, May 9 PRNewswire-FirstCall — Hawk Corporation (Amex: HWK) announced today that net sales from continuing operations for the first quarter ended March 31, 2008 increased by 21.4% to a record $65.8 million from $54.2 million in the comparable prior year period. The Company's...
Scion Exposed(TM) Tour Heads to Bristol Motor Speedway
BRISTOL, Tenn., May 9 PRNewswire-FirstCall — Hundreds of Scion owners, from a variety of states, are expected to converge on Bristol Motor Speedway and Dragway, May 16-17, as part of the automotive manufacturer's Scion Exposed '08 tour. Typically held in locations in the Southeastern...
Race Fans on Fast Track to Recycling
CONCORD, N.C., May 9 PRNewswire-FirstCall — Race fans will have an opportunity to support the environment, their favorite drivers, as well as Speedway Children's Charities for two weekends of racing at the historic Lowe's Motor Speedway this month. Partnering with Lowe's Motor...
MADD Encourages Ohio Legislature to Make Interlocks Part of Lifesaving DUI Bill
Proposed law would be most effective with proven tool to prevent drunk driving COLUMBUS, Ohio, May 9 PRNewswire-USNewswire — Mothers Against Drunk Driving (MADD) testified yesterday morning before Ohio's House Committee for Criminal Justice in support of lifesaving alcohol ignition...
MADD Calls on Wisconsin Lawmakers to Pursue Tougher Drunk Driving Laws
MILWAUKEE, May 9 PRNewswire-USNewswire — Mothers Against Drunk Driving (MADD) urges Wisconsin lawmakers to comprehensively address the state's drunk driving problem as they consider law reforms following the outcry from people demanding change. The outrage stems from the April 25...
2008 Courageous Persuaders Student TV Ad Production 'Oscar' Night and Banquet Set for May 19
TROY, Mich., May 9 PRNewswire — Detroit Auto Dealers Association (DADA) and McCann Erickson's Detroit office will announce winners of the Courageous Persuaders student television ad competition at an Oscar-style celebration banquet on Monday, May 19. This is the first year that the...
Mark Morelli, Energy Conversion Devices President and CEO, to Present at the 4th Annual Merriman Curhan Ford CleanTech Conference
ROCHESTER HILLS, Mich., May 9 PRNewswire-FirstCall — Energy Conversion Devices, Inc. (ECD) (Nasdaq: ENER), the leading global manufacturer of thin- film flexible solar laminate products for the building integrated and commercial rooftop markets, announced today that Mark Morelli...
Get Ready to Walk Like MADD to Eliminate Drunk Driving
MADD Leadership Joins State Assembly Member in Support of Ignition Interlock Legislation See Interlock Technology in Action HUNTINGTON BEACH, Calif., May 9 PRNewswire-USNewswire — Mothers Against Drunk Driving (MADD) leadership will join 500 local supporters on Saturday, May 10 at...
SORL Auto Parts Announces Reporting Date for First Quarter 2008 Earnings Results
ZHEJIANG, China, May 9 Xinhua-PRNewswire-FirstCall — SORL Auto Parts, Inc. (Nasdaq: SORL), a leading manufacturer and distributor of commercial vehicle air brake valves as well as other auto parts in China, today announced that the Company will report its first quarter 2008 financial...
Auto Affordability Best in Six Years Comerica Bank Chief Economist Reports
DETROIT, May 9 PRNewswire-FirstCall — The purchase of an average-priced new vehicle took 23.9 weeks of median family income in the first quarter, according to the Auto Affordability Index compiled by Comerica Bank. The latest reading is down 0.6 weeks from the fourth quarter and 1.1...
Metaldyne Completes Closure of Three U.S. Locations
PLYMOUTH, Mich., May 9 PRNewswire — Metaldyne, LLC has completed the closure of two of its U.S. manufacturing plants and one commercial office to adjust for excess capacity caused by lower vehicle sales from its North American customers and to reduce structural costs in fiscal 2008...
Three Metaldyne Plants Recognized by Ford for Outstanding Supplier Delivery Performance
PLYMOUTH, Mich., May 9 PRNewswire — Three Metaldyne powder metal facilities in three countries were recently recognized by Ford for outstanding supplier delivery performance, Metaldyne Corporation said today. Metaldyne Sintered Components Espana received recognition from Ford of...
Growth Fuels Hybrid Leasing
CINCINNATI, May 9 PRNewswire — Resulting from both rising fuel prices and environmental consciousness, hybrid vehicle registrations were up in 2007. According to R.L. Polk & Co. figures recently released, there was an increase of 38 percent in the hybrid segment when compared to...
u-blox Appoints SmartCore as Brazilian Representative
THALWIL, Switzerland, May 9 PRNewswire — u-blox, the leading Swiss provider of GPS receiver technology, has appointed SmartCore Business Intelligence as its Brazilian representative. The move aims at offering customers better sales and design-in support in Brazil. The founders of...
SpongeTech(R) Delivery Systems, Inc. CEO Interviewed Live on Steve Crowley's American Scene Radio Show
NEW YORK, May 9 PRNewswire-FirstCall — SpongeTech(R) Delivery Systems, Inc. (OTC Bulletin Board: SPNG - News) is pleased to announce that its CEO and President, Michael Metter, will be interviewed today on Steve Crowley's American Scene Radio Show at 11:24 a.m. EDT. The interview can be...
Pennsylvania Governor Rendell Proclaims 'Buckle Up Pennsylvania Day'
HARRISBURG, Pa., May 8 PRNewswire-USNewswire — Governor Edward G. Rendell has proclaimed May 12 as Buckle Up Pennsylvania Day, reminding all motorists to buckle up each time they get behind the wheel. "I encourage everyone to always wear their seatbelt in a vehicle," PennDOT Secretary...
KUKA Robotics Corporation Introduces the KR 1000 Titan
CLINTON TOWNSHIP, Mich., May 9 PRNewswire — KUKA Robotics Corporation is unveiling the KUKA 1000 Titan to the North American market at the upcoming Cast Expo 2008 from May 17-20 in Atlanta, Ga. in booth #2251. The KUKA KR 1000 Titan is the company's latest product and with its...
Lincoln and Hip-Hop Superstar Common Announce the 'Lincoln Spotlight' Grand Champion Lyricist
DEARBORN, Mich., May 9 PRNewswire — West Hollywood, California resident and aspiring lyricist Jael Gadsen has been chosen the grand champion of the Lincoln Spotlight online music competition by a panel that included Grammy Award-winning hip-hop superstar Common, Grammy-winning music...
Harbin Electric Reports Record Revenues and Operating Profits for the First Quarter 2008 -- Sales Grew 65% Year-Over-Year
First Quarter 2008 Financial Highlights — Total revenues were $22.5 million, an increase of 65% compared to $13.6 million in the first quarter of 2007 — Operating profit was $8.6 million, up 68% compared to the first quarter 2007 — Net income was $5.4 million, a 57% increase from...
TGrid 5.0 Advances Automatic, High-Quality Meshing Tools for Increased Productivity
SOUTHPOINTE, Pa., May 9 PRNewswire-FirstCall — ANSYS, Inc. (Nasdaq: ANSS), a global innovator of simulation software and technologies designed to optimize product development processes, today announced the release of version 5.0 of its TGrid(TM) advanced mesh generation software...
Emergency Personnel Invited to Attend 4th Annual MEVEDA Emergency Equipment, Products & Accessories Expo
NORTHVILLE, Mich., May 8 PRNewswire — The Michigan Emergency Vehicle Equipment Dealers Association, or MEVEDA, today announced that the 4th Annual MEVEDA Emergency Equipment, Products & Accessories Expo will be held on May 30th from 9:00 a.m. to 6:00 p.m. and May 31st from 9:00 a.m...
Spartan Chassis Receives $56.4 Million Order for Production of MRAPs
CHARLOTTE, Mich., May 8 PRNewswire — Spartan Chassis, Inc., a subsidiary of Spartan Motors, Inc. (Nasdaq: SPAR), has been awarded a subcontract order from defense contractor BAE Systems worth approximately $56.4 million to support the production of advanced tactical vehicles under the...
U.S. Auto Parts Network, Inc. Reports First Quarter 2008 Results
CARSON, Calif., May 8 PRNewswire-FirstCall — U.S. Auto Parts Network, Inc. (Nasdaq: PRTS), a leading online provider of automotive aftermarket parts and accessories, today reported financial results for the first quarter ended March 31, 2008. Net sales for first quarter were $40.0...
Chrysler Celebrates Production of All-New 2008 Dodge Challenger SRT8(R)
AUBURN HILLS, Mich., May 8 PRNewswire — Chrysler LLC today celebrated the production launch of one of the industry's most highly anticipated vehicles — the all-new 2008 Dodge Challenger SRT8(R). Dodge Challenger is back in Chrysler's line-up as a modern muscle car with a new...
Freudenberg Nonwovens Honored as One of Visteon Corporation's Top Suppliers
HOPKINSVILLE, Ky., May 8 PRNewswire — Freudenberg Nonwovens has been honored with a Visteon Important Partner Award for outstanding overall performance in providing its micronAir(R) cabin air filters to Visteon Corporation, one of the world's leading automotive suppliers. Freudenberg...
TJ Power Sports Recalls Dune Buggies Due to Ejection Hazard
WASHINGTON, May 8 PRNewswire-USNewswire — The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed...
Subaru 2.5 Liter Turbo Engine Named International Engine of the Year
CHERRY HILL, N.J., May 8 PRNewswire — Subaru's 2.5-liter Boxer turbo engine has won the 2008 International Engine of the Year award in the 2.0-liter to 2.5-liter category. "This is a testament to the unique design qualities of our Boxer engine," said Tim Mahoney, senior vice president...
Weekend of Wheels Premieres in Laughlin, Nev.
LAUGHLIN, Nev., May 8 PRNewswire — What: This premier event features cars, cars and more cars. Spectators of all ages will delight in this town-wide event that is open to all years, makes and models of classic vehicles including vintage, originals, hot rods, street rods, competition and...
The Chrysler Foundation Presents $250,000 Check to the Detroit Zoological Society to Support and Maintain the Detroit Zoo's Tauber Family Railroad
ROYAL OAK, Mich., May 8 PRNewswire — Today, The Chrysler Foundation presented a check in the amount of $250,000 to the Detroit Zoological Society to continue to support and refurbish the Detroit Zoo's Tauber Family Railroad. In recognition of the donation, the Zoo unveiled the new...
/C O R R E C T I O N -- Ricardo/
In the news release, Ricardo Consortia Win UK Government Funding for Three Major Low-Carbon Vehicle-Development Programs, issued earlier today by Ricardo over PR Newswire, we are advised by the company that the third paragraph, last sentence, should reference "Amberjac Projects Ltd" rather than...
Beverage Plus Inc. Presents its MC2 Energy Drink as Primary Sponsor of MacDonald Motorsports at the Diamond Hill Plywood 200 NASCAR Nationwide Series Race in Darlington, South Carolina
LAS VEGAS, Nevada and ZURICH, Switzerland, May 8 PRNewswire — To promote its brand recognition in the eastern portion of the United States, Beverage Plus Inc. aligned itself with MacDonald Motorsports at an upcoming NASCAR Nationwide Series race in Darlington, South Carolina. The...
American Stock Exchange Lists the Common Stock of Ener1, Inc.
NEW YORK, May 8 PRNewswire-FirstCall — The American Stock Exchange(R) (Amex(R)) today lists the common stock of Ener1, Inc. under the ticker symbol HEV. Ener1, Inc. engages in the development and commercialization of advanced, high-performance safe lithium-ion (Li-ion) batteries for...
Chrysler Awards a $25,000 Scholarship at the 20th Annual National Association of Black Automotive Suppliers (NABAS) Scholarship Awards Dinner
AUBURN HILLS, Mich., May 8 PRNewswire — Chrysler LLC and The Chrysler Foundation recognized academic excellence at the 20th annual National Association of Black Automotive Suppliers (NABAS) Scholarship Awards Dinner held at the Marriott Renaissance Center in Detroit, May 6. The Chrysler...
American Stock Exchange Lists the Common Stock of Ener1, Inc.
NEW YORK, May 8 PRNewswire — The American Stock Exchange(R) (Amex(R)) today lists the common stock of Ener1, Inc. under the ticker symbol HEV. Ener1, Inc. engages in the development and commercialization of advanced, high-performance safe lithium-ion (Li-ion) batteries for hybrid...
JMsolutions: Cars Sell Up to Nine Days Faster With Carfax Report
DEERFIELD BEACH, Fla. and CENTREVILLE, Va., May 8 PRNewswire — JMsolutions today announced results of a study that shows cars sell up to nine days faster with Carfax Vehicle History Reports. Dealers who run Carfax Reports within JMsolutions' AAX(TM) used vehicle inventory management...
SpongeTech Update from Michael L. Metter, Chairman, CEO
NEW YORK, May 8 PRNewswire-FirstCall — Due to both time constraints and the huge number of calls and emails I have been receiving, I have decided to write this update and distribute it to shareholders as well as interested parties. PRODUCT SHIPMENTS Product shipments for the first two...
WABCO and Truck Race Team Allgauer Continue Partnership in 2008
BRUSSELS, May 8 PRNewswire — WABCO "WABCO's Air Disk Brake New Generation 22 plus is tested in truck racing to evaluate data on the brake's performance under extreme conditions. It exemplifies how product development and, as a result, fleet owners and drivers benefit from our racing...
Veri-Tek International Corp. Signs Agreement With Leading Russian Distributor
BRIDGEVIEW, Ill., May 8 PRNewswire-FirstCall — Veri-Tek International, Corp. (Amex: VCC), a leading provider of engineered lifting solutions including boom truck cranes, rough terrain forklifts and special mission oriented vehicles, today announced that its Manitex subsidiary has signed...
SpongeTech(R) Delivery Systems, Inc. Endorses Green Month
NEW YORK, May 8 PRNewswire-FirstCall — SpongeTech(R) Delivery Systems, Inc. (OTC Bulletin Board: SPNG) is pleased to announce they will be giving away 10,000 of their biodegradable car wash and wax sponges to support Green Month. The FREE give away is part of SpongeTech(R)'s strategy...
Definition 6 Takes Home Top Online Marketing AiMA Award for Cox AutoExtra Work
ATLANTA, May 8 PRNewswire — Definition 6, a full service interactive agency and consulting firm, announced today it earned the "Best Online Marketing Strategy" award from the Atlanta Interactive Marketing Association (AiMA) for its work with AutoExtra.com, a division of Cox Auto...
Tank Sports Board of Directors Pass Integration of Foreign Operations Proposal
LOS ANGELES, May 8 PRNewswire-FirstCall — Tank Sports, Inc. (OTC Bulletin Board: TNSP) announced the board of directors approved the proposal to integrate LONG S.A. DE C.V. and Guangzhou Tank Vehicle Company Ltd. with Tank Sports' U.S. operation. In a recent board meeting, Tank Sports...
ABC's 20/20 Investigation Focuses on Bucks County Teenage Motorist Death Linked to 'Old' Firestone Tire Sold As New
Program to air 10 p.m., EST May 9, 2008 PHILADELPHIA, May 8 PRNewswire-USNewswire — ABC's 20/20 is about to broadcast its investigation into the common but rarely publicized practice of selling old tires as new equipment. This potentially lethal aspect of tire merchandising has been...
China Automotive Systems To Announce 2008 First Quarter Financial Results on May 14
WUHAN, Hubei, China, May 8 Xinhua-PRNewswire — China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue financial results for the first quarter ended March 31, 2008 on Wednesday, May 14, 2008...
Noble International Announces First Quarter Financial Results
TROY, Mich., May 7 PRNewswire-FirstCall — Noble International, Ltd. (Nasdaq: NOBL) ("Noble" or the "Company") reported financial results for the first quarter ended March 31, 2008. The highlights are as follows: FINANCIAL RESULTS The Company posted net sales of $314.1 million in the...
Asbury Automotive Group Declares Quarterly Dividend
NEW YORK, May 7 PRNewswire-FirstCall — Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced today that its board of directors has declared a quarterly cash dividend of $0.225 per share of the Company's outstanding...
Parker to Present at the 2008 Bernstein Strategic Decisions Conference on May 29
CLEVELAND, May 7 PRNewswire-FirstCall — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, will present at the 2008 Bernstein Strategic Decisions Conference in New York on Thursday, May 29 at 8:00 a.m. EDT. The presentation will be webcast...
Ford E-News
DEARBORN, Mich., May 7 PRNewswire — A Mustang milestone On a recent afternoon in Flat Rock, Mich., a Ford Motor Company worker slid behind the wheel of a Vista Blue Mustang GT, revved up its throaty V-8 engine, and drove the pony car off the assembly line. It was the 9 millionth Ford...
Downtown Hoedown Heats Up Weekend with Music and Family Fun at Hart Plaza with Chrysler Jeep Superstores Title Sponsorship
DETROIT, May 7 PRNewswire — The world's largest free Country Music Concert is set to heat up Hart Plaza the weekend of May 9 - 11, 2008 in the heart of Downtown Detroit with the help of title sponsor Chrysler Jeep Superstores. This year's Downtown Hoedown, the 26th anniversary of the...
Retirement Living TV and AAA Present 'Auto Travel Week' on Daily Cafe
WASHINGTON, May 7 PRNewswire — Retirement Living TV (RLTV), the first network dedicated to people 55+, announced today that it is revving up with the American Automobile Association (AAA) for "Auto Travel Week". The week long series is a map of summer travel ideas for senior motorists...
Protect Against Vehicle Theft with Tips from Grange Insurance
COLUMBUS, Ohio, May 7 PRNewswire — Purchasing a vehicle is a big decision. Next to your home, your vehicle is most likely the second most expensive investment you'll make, so it's important to safeguard it from potential thieves. According to the National Insurance Crime Bureau...
Calling Everyone to Walk Like MADD to Eliminate Drunk Driving
1,276 People Killed in California Due to Drunk Driving Press Conference In Support of Ignition Interlock Legislation Prior to Walk HUNTINGTON BEACH, Calif., May 7 PRNewswire-USNewswire — The following release is being issued by Mothers Against Drunk Driving: WHAT: Walk Like MADD...
KVH Introduces New CNS-5000 GPS/IMU Continuous Navigation System
MIDDLETOWN, R.I., May 7 PRNewswire-FirstCall — KVH Industries, Inc. (Nasdaq: KVHI), working in close cooperation with leading GPS manufacturer NovAtel Inc., today introduced the CNS-5000, a self-contained navigation system that combines fiber optic gyro (FOG)-based inertial...
RoadLoans, NASCAR Driver Cale Gale, Kentucky State Police Partner With Area Teens and Parents for Vehicle Safety
WARSAW, Ky., May 7 PRNewswire — RoadLoans, a leader in online automotive financing, and NASCAR Nationwide Series driver Cale Gale are launching a teen safe driving campaign May 7 at Gallatin County High School in Northern Kentucky. RoadLoans and Gale, driver of the No. 33 RoadLoans...
'Come On Down!' SpongeTech(R) Delivery Systems, Inc. Automobile Cleaning System on 'The Price is Right'
NEW YORK, May 7 PRNewswire-FirstCall — SpongeTech(R) Delivery Systems, Inc. (OTC Bulletin Board: SPNG) is pleased to announce that our Automobile Cleaning System has been chosen by the popular game show, "The Price is Right," to appear on their show as an item for contestants to view...
Yanfeng Visteon Automotive Electronics Wins Supplier Quality Excellence Award from Shanghai General Motors
SHANGHAI, China, May 7, 2008 PRNewswire — Yanfeng Visteon Automotive Electronics Co. Ltd. (YFVES), a joint venture between Visteon Corporation and Yanfeng Visteon Trim Systems Co., Ltd., recently received Shanghai General Motors' (SGM) Supplier Quality Excellence Award. The coveted...
OSRAM Honored as One of Visteon Corporation's Top Suppliers
VAN BUREN TOWNSHIP, Mich., May 7 PRNewswire — OSRAM has been honored with Visteon Important Partner Awards for outstanding overall performance in providing automotive lighting and electronics products to Visteon Corporation, one of the world's leading automotive suppliers. OSRAM's...
Standard Motor Products, Inc. Announces First Quarter 2008 Results and a Quarterly Dividend
NEW YORK, May 7 PRNewswire-FirstCall — Standard Motor Products, Inc. (NYSE: SMP), an automotive replacement parts manufacturer and distributor, reported today its consolidated financial results for the three months ending March 31, 2008. Consolidated net sales for the first quarter of...
Purchase Volkswagen's All-New Routan and Help Fund Your Child's College Tuition
HERNDON, Va., May 7 PRNewswire — Volkswagen of America, Inc. announced today a partnership with Upromise, the country's largest private source of college funding contributions, to provide $1,500 to customers who purchase or lease a new 2009 Routan for their child's future education...
Wilson Automotive Group Renews Partnership With Carfax
CENTREVILLE, Va., May 7 PRNewswire-FirstCall — The David Wilson Automotive Group today announced that Carfax will remain the approved provider of vehicle history information for all Wilson Group dealerships. Carfax Vehicle History Reports play a key role in trade evaluations and...
U.S. Census Bureau Daily Feature for May 7
WASHINGTON, May 7 PRNewswire-USNewswire — Following is the daily "Profile America" feature from the U.S. Census Bureau: WEDNESDAY, MAY 7: MOTORCYCLE SAFETY Profile America Wednesday, May 7th. Few things are said to be as exhilarating as riding a motorcycle with its sense of...
International Trade Commission Section 337 Complaint Targets Owners of Classic American Sports Car
Ford Mustang Joins F-150 in the Patent Corral WASHINGTON, May 7 PRNewswire-USNewswire — On May 2, 2008, Ford Global Technologies filed a Section 337 complaint at the International Trade Commission (ITC) against manufacturers and U.S. distributors of automotive collision repair parts...
TriMas Corporation Reports First Quarter 2008 Results
BLOOMFIELD HILLS, Mich., May 7 PRNewswire-FirstCall — TriMas Corporation (NYSE: TRS) today announced financial results for the quarter ended March 31, 2008. The Company reported quarterly revenues of $279.6 million, down 1.7% from the first quarter of 2007. First quarter 2008 income...
Cooper Tire & Rubber Company Reports First Quarter Results
FINDLAY, Ohio, May 7 PRNewswire-FirstCall — Cooper Tire & Rubber Company (NYSE: CTB) today reported net income of $2 million, or 3 cents per share, for the quarter ended March 31, 2008. Net sales for the period were $679 million, an increase of $10 million over the prior year. The...
MSD Capital, L.P. and Jeff Rachor Partner in New Automotive Retail Venture
NEW YORK and CHATTANOOGA, Tenn., May 7 PRNewswire — MSD Capital, L.P., the private investment firm for Michael Dell and his family, and automotive retail industry veteran Jeffrey C. Rachor today announced that they have joined together to form MSD Automotive Partners, LLC, which will...
Featured Stocks on Today's Edition of WallSt.net's 3-Minute Press Show: CCBEF, CHDO, SARO
NEW YORK, May 7 PRNewswire — WallSt.net's 3-Minute Press Show is a daily video program hosted by WallSt.net reporter, Tracee Tolentino. Shows air Monday through Friday on: http://tv.wallst.net/3-min-press/3-min-press.php. WallSt.net's 3-Minute Press Show features in-depth interviews...
Daimler Financial Services Americas Continues Re-Engineering Process with Relocation of Additional 60 Employees to Brand New Operations Center in North Texas
FARMINGTON HILLS, Mich., May 7 PRNewswire — Daimler Financial Services Americas (DCFS USA LLC) today announced that an additional 60 employees from its Mercedes-Benz Financial business unit will have the opportunity to relocate to its brand new operations center in Fort Worth, Texas, by...
STMicroelectronics and Mobileye Deliver Second-Generation System-on-Chip for Vision-Based Driver Assistance Systems
GENEVA and JERUSALEM, May 7 PRNewswire-FirstCall — STMicroelectronics (NYSE: STM), a leader in the design and manufacture of automotive ICs, and Mobileye N.V., the leading provider of Advanced Driver Assistance Systems (ADAS) to the automotive industry, today announced that the two...
New Legislation on Automotive Security to Stimulate Growth in the Vehicle Security Industry in India
DUBLIN, Ireland-(Business Wire)-May 7, 2008 - Research and Markets has announced the addition of Theft and Car Insurance in India to their offering. From October 2008, new legislation is being introduced in India which will increase the insurance requirements relating to vehicle security and create...
Lithia Body & Paint Converts to Waterborne Automotive Refinish System
MEDFORD, Ore.-(Business Wire)-May 7, 2008 - Lithia Body & Paint of Medford announced today that it is the first auto body repair shop in Southern Oregon to offer an environmentally safer option for paint repair. This comes two months after Lithia Body & Paint was certified as being...
Ford Accelerates Shift to Fuel-Efficient, High-Performance 6-Speed Transmissions
DEARBORN, Mich., May 7 PRNewswire-FirstCall — The big shift is on at Ford Motor Company (NYSE: F), as the automaker plans to more than double the number — to 1.4 million — of fuel-efficient, 6-speed automatic transmissions in its North American cars and trucks by the end...
Foundation Urges Motorcyclists to Get Involved During Motorcycle Safety Awareness Month
IRVINE, Calif.-(Business Wire)-May 6, 2008 - Spring marks the traditional start of the riding season and the Motorcycle Safety Foundation is encouraging motorcyclists to take an active role during Motorcycle Safety Awareness Month to help reduce the growing number of traffic collisions involving...
Tenneco Announces Results of 2008 Annual Shareholder Meeting
LAKE FOREST, Ill.-(Business Wire)-May 6, 2008 - Tenneco Inc. (NYSE:TEN) announced at its annual meeting today that its shareholders re-elected Charles W. Cramb, Dennis J. Letham, Frank E. Macher, Roger B. Porter, David B. Price, Jr., Gregg M. Sherrill, Paul T. Stecko, Mitsunobu Takeuchi and Jane...
Alamo Group Announces 2008 First Quarter Results
SEGUIN, Texas-(Business Wire)-May 6, 2008 - Alamo Group Inc. (NYSE: ALG) today reported results for the first quarter ended March 31, 2008. Net sales in the quarter were $133.8 million, an 11% increase compared to net sales of $120.1 million for the first quarter of 2007. Net income for the...
Tenneco to Webcast Presentation at Its Upcoming Investor Day
LAKE FOREST, Ill.-(Business Wire)-May 6, 2008 - Tenneco (NYSE:TEN) will host an investor tour of its emission control engineering center in Grass Lake, Michigan, on Thursday, May 8, 2008. The company will kick off the event at 12:30 p.m. ET with a business overview by CEO, Gregg Sherrill, and...
Ferro Reports First-Quarter 2008 Results
CLEVELAND-(Business Wire)-May 6, 2008 - Ferro Corporation (NYSE: FOE) announced today that sales for the three months ended March 31, 2008 were a record $607.2 million, up 15 percent from the first quarter of 2007. Income from continuing operations for the first quarter of 2008 was $9.2 million...
FinishMaster Announces First Quarter Financial Results
INDIANAPOLIS-(Business Wire)-May 6, 2008 - FinishMaster, Inc. (Pink Sheets: FMST) today reported net income for the quarter ended March 31, 2008 of $6,347,000, or $0.80 per diluted share, compared with net income of $3,203,000, or $0.41 per diluted share, in the prior year period. Proceeds from...
Harman International Reports Third Quarter Results
WASHINGTON-(Business Wire)-May 6, 2008 - Harman International Industries, Incorporated (NYSE:HAR) today announced results for the third quarter ending March 31, 2008. Concurrently, in a separate press release, the company announced several management changes at the executive level. Net sales for the...
Lamborghini Makes Another Iconic Appearance in Latest Batman Movie 'The Dark Knight'
SANT'AGATA BOLOGNESE, Italy, May 6 PRNewswire — When he isn't protecting Gotham City from various villains in the Batmobile as his alter ego, Batman, billionaire Bruce Wayne's vehicle of choice is one of Lamborghini's sexiest super sports car ever built, the Lamborghini Murcielago...
Kaydon Corporation Announces Second Quarter Dividend
ANN ARBOR, Mich.-(Business Wire)-May 6, 2008 - The Board of Directors of Kaydon Corporation (NYSE:KDN) today announced a regular quarterly dividend of $.15 per share. This dividend will be paid on June 30, 2008 to Stockholders of Record on June 9, 2008. Kaydon Corporation is a leading designer and...
Pump Prices Fail to Fall by Full Amount of Gas Tax Cuts, MIT Sloan Expert Says
CAMBRIDGE, Mass.-(Business Wire)-May 6, 2008 - Price-pained drivers hoping that proposals to suspend state gasoline taxes will mean at least limited relief at the pump will likely be disappointed to see that gas prices fall by significantly less than the full amount of the actual tax cut...
Nissan North America is Blazing Trails in Forging Non-Traditional 'Win-Win-Win' Grassroots Relations
DALLAS, May 6 PRNewswire-FirstCall — Nissan North America Inc., a pioneer in launching and bringing together international Latino sports and reality TV with the famed El Reto Final Nissan soccer series, is going even more "reality" in bringing together Hispanic initiatives of...
Online Venture Between Avis Budget Group and OPENLANE Experiences Exponential Growth Over Past Year
PARSIPPANY, N.J. and MENLO PARK, Calif., May 6 PRNewswire-FirstCall — Avis Budget Group and OPENLANE, Inc., today reported that the companies' joint wholesale used vehicle online auction initiative has generated exponential sales growth since being launched more than a year ago, with...
Maple 12 Delivers Major Innovations in Engineering Analysis and Design
WATERLOO, Canada-(Business Wire)-May 6, 2008 - Maplesoft(TM), the leading provider of high-performance software tools for engineering, science and mathematics, today announced the next release of Maple(TM), the company's hugely popular tool to solve complex mathematical problems and create rich...
Sacramento Chiropractor Takes Aim at Reducing Car Accident Injuries
SACRAMENTO, Calif., May 6 PRNewswire — Capitol Chiropractic Buckle-Up Safe Day 2008 will be held on Wednesday, May 21, 2008 from 8 a.m. to noon and 3:30 p.m. to 6:30 p.m. at 9500 Micron Ave, #108, Sacramento, California. "Our 'Buckle-Up Safe Day' is a great way to help prevent and/or...
Avis Budget Group Reports Results for First Quarter 2008
PARSIPPANY, N.J., May 6 PRNewswire-FirstCall — Avis Budget Group, Inc. (NYSE: CAR) today reported results for its first quarter, which ended March 31, 2008. For the first quarter, revenue was $1.4 billion, an increase of 6% versus first quarter 2007, and a pretax loss of $18 million in...
Universal Technical Institute Reports Second Quarter Results for Fiscal 2008
PHOENIX, May 6 PRNewswire-FirstCall — Universal Technical Institute, Inc. (NYSE: UTI), a provider of technical education training, today announced financial results for the second quarter and six months ended March 31, 2008. Second Quarter Operating Performance Net revenues for the...
Proliance International, Inc. First Quarter 2008 Conference Call on Monday, May 12, 2008 at 9 AM ET
NEW HAVEN, Conn.-(Business Wire)-May 6, 2008 - Proliance International, Inc. (AMEX: PLI) will host a conference call on Monday, May 12, 2008 at 9:00 AM ET with Charles E. Johnson, President and CEO, and Arlen F. Henock, CFO. The call will be held to discuss the results for the first quarter ended...
Maxwell Technologies Reports First Quarter Financial Results
SAN DIEGO, May 6 PRNewswire-FirstCall — Maxwell Technologies, Inc. (Nasdaq: MXWL) today reported revenue of $17.3 million for its first quarter ended March 31, 2008, an increase of 38 percent over the $12.6 million recorded in the same period in 2007. Operating loss for the first...
Fitch Places ArvinMeritor on Rating Watch Negative following Spinoff Announcement
CHICAGO & NEW YORK-(Business Wire)-May 6, 2008 - Fitch has placed the ratings of ArvinMeritor (NYSE: ARM) on Rating Watch Negative following the announced spinoff of ArvinMeritor's Light Vehicle Systems (LVS) group. As information becomes available Fitch will review the details of each entity...
Autoliv Raises Dividend and Holds Shareholders Meeting
STOCKHOLM, Sweden-(Business Wire)-May 6, 2008 - Autoliv Inc. (NYSE:ALV) (STO:ALIV), the worldwide leader in automotive safety systems, today announced a 5% increase in its quarterly dividend to shareholders. The dividend per share will be raised in the third quarter 2008 to 41 cents from 39 cents...
Superior Industries To Release First Quarter 2008 Results On Friday, May 9, 2008
VAN NUYS, Calif.-(Business Wire)-May 6, 2008 - Superior Industries International, Inc. (NYSE:SUP) plans to release financial results for the first quarter ended March 31, 2008 at approximately 8:00 a.m. EDT on Friday, May 9, 2008. Superior has scheduled a conference call for that afternoon at 1:00...
Cars.com Takes on Truck Market with Acquisition of PickupTrucks.com
CHICAGO-(Business Wire)-May 6, 2008 - Cars.com announced today it will expand its offering for truck buyers and advertisers with its acquisition of PickupTrucks.com, an authoritative web source for pickup truck news and information. Launched in 1995, by renowned truck writer and site editor Mike...
Aston Martin Selects Premier Financial Services as Exclusive Lease Company
WOODBURY, Conn., May 6 PRNewswire — Premier Financial Services (PFS), the industry leader in highline, exotic and vintage auto leasing, announced today it had reached an agreement with British sports car manufacturer Aston Martin, North America to provide a leasing program for the...
Bendix Name Fraudulently Connected To the Launch of Another Wave of Illegal Consumer Scams
ELYRIA, Ohio, May 6 PRNewswire — Bendix Commercial Vehicle Systems LLC and Bendix Spicer Foundation Brake LLC - leaders in the development and manufacture of commercial vehicle safety technologies - are warning the public of repeated waves of consumer fraud activity that have...
Automobile Industry Driving the Growth of the Filtration Market
DUBLIN, Ireland-(Business Wire)-May 6, 2008 - Research and Markets vehicles in Europe in 2006 and in the US in 2007. The current report offers an overview of the automotive filtration market. It also analyzes the size and growth of the global filtration market by segments. The report also studies...
Green Earth Technologies' G-OIL Now Distributed by Do Cut Sales and Service
STAMFORD, Conn.-(Business Wire)-May 6, 2008 - Do Cut Sales and Service, Inc., a leading distributor and retailer of outdoor power equipment products, will now distribute Green Earth Technologies' (Pink Sheets: GETG) G-OIL 2-Cycle Engine Oil nationwide through conventional, established two-step...
Ford Motor Company Implements Chesapeake System Solutions' T-Recs Enterprise
OWINGS MILLS, Md.-(Business Wire)-May 6, 2008 - Chesapeake System Solutions, Inc.(R) (www.chessys.com), an industry leader in providing integrated software solutions that simplify the complexities of financial and treasury management operations, today announced that Ford Motor Company recently...
TAC Automotive Group Recognized as Supplier of the Year at 2007 MSX International Ford Motor Company b2bBuyer Supplier Awards Ceremony
BLOOMFIELD HILLS, Mich.-(Business Wire)-May 6, 2008 - TAC Automotive Group, a division of TAC Worldwide, today announced that it has been recognized as the top performing supplier of engineering and IT staffing and human capital management services to Ford Motor Company. This award was presented...
Saab Gives Notice to 45 Employees in Denmark
STOCKHOLM, Sweden-(Business Wire)-May 6, 2008 - Regulatory News: At the beginning of April, 70 people employed by Air/Land Systems at Saab Denmark A/S (STO:SAABB) were given notice. The reason was the cancellation of the DACCIS contract. After negotiations with employee representatives 45 employees...
''Cheapest in Florida'' Offers Possibly the State's Least Expensive Online Traffic School Courses
JACKSONVILLE, Fla.-(Business Wire)-May 6, 2008 - Cheapest in Florida, the state's newest and one of the least expensive online traffic schools, offers a comedy course at approximately half the cost of current online traffic schools. With the looming threat of an economic recession and food and...
KAR Holdings, Inc. to Announce First Quarter 2008 Earnings
CARMEL, Ind.-(Business Wire)-May 6, 2008 - KAR Holdings, Inc. announced today that it will be releasing its first quarter 2008 earnings on Tuesday, May, 13th, 2008. KAR Holdings, Inc. is the holding company for ADESA Inc., Automotive Finance Corporation and Insurance Auto Auctions, Inc. KAR...
Microsoft and Hyundai-Kia Automotive Group to Develop Next Generation of In-Car Infotainment
SEOUL, South Korea, May 6 PRNewswire — Today, Microsoft Corp. and Hyundai-Kia Automotive Group (HKAG) entered into a long-term agreement to co-develop the next generation of in-car infotainment systems. Bill Gates, chairman of Microsoft and Eui-Sun Chung, president of HKAG were...
Azure Dynamics to present at the 4th Annual Merriman Curhan Ford CleanTech Conference
OAK PARK, MI, May 6 PRNewswire-FirstCall - Azure Dynamics Corporation (TSX: AZD, LSE: ADC & OTCQX: AZDDF) ("Azure" or the "Company"), a leading developer of hybrid electric and electric powertrains for commercial vehicles today announced that Scott T. Harrison, Azure Dynamics' Chief...
X-Rite Reports First Quarter Results
GRAND RAPIDS, Mich.-(Business Wire)-May 6, 2008 - X-Rite, Incorporated (NASDAQ:XRIT) today announced its financial results for the quarter ended March 29, 2008. First Quarter Highlights (see Exhibit 2 attached): — Net sales totaled $65.9 million, a 2.5 percent decrease from the first...
81 Percent of Americans Surveyed Won't Buy a Vehicle With Their Rebate Check
MIAMI, May 6 PRNewswire — 81 percent of all car shoppers surveyed by LeaseTrader.com said they do not plan to use their government tax rebate check towards a vehicle. Although car sales have slowed considerably in today's economy, those who participated in the LeaseTrader.com survey...
Where 2 Get It Geocoding Enables ``MyDash'' Mapping
ANAHEIM, Calif.-(Business Wire)-May 6, 2008 - When Dash Navigation sought out best in class technologies to integrate into its recently launched Dash Express(TM), it turned to location-based search technology leader Where 2 Get It. Dash Express is the first Internet-connected GPS device. Where 2 Get...
OPENLANE to Speak at National Alliance of Buy-Here-Pay-Here Dealers Conference
LAS VEGAS-(Business Wire)-May 6, 2008 - OPENLANE (formerly ATC-Onlane), the largest online auction company in North America for automotive dealers to purchase and sell wholesale vehicles, today announced that Greg Lubrani, director of sales, will participate in a panel session at the tenth annual...
Iteris Selected by Boeing for $850,000 Its Redevelopment Contract
SANTA ANA, Calif.-(Business Wire)-May 6, 2008 - Iteris, Inc. (AMEX: ITI), a leader in the traffic management market that focuses on the application and development of advanced technologies, today announced it has been engaged by The Boeing Company to implement an adaptive traffic control system...
Norfolk Southern Exhibit Car to Tour 23 Cities
NORFOLK, Va., May 6 PRNewswire-FirstCall — The Norfolk Southern Exhibit Car, a traveling showcase highlighting the Thoroughbred of Transportation, will tour 23 cities in 2008. The nine-state May-December itinerary for the rebuilt passenger coach will include a five-city whistle-stop...
S.O.S., Mom's Car is a Mess!
COSTA MESA, Calif., May 6 PRNewswire — Mother's Day is right around the corner. If you're thinking of buying flowers, think again. "Sure, roses would be nice, but what I really want is a clean car," said Suzanne Dorsey, mother of two from San Clemente, CA. Along these lines...
Standard Motor Products, Inc. Announces First Quarter 2008 Earnings Conference Call
NEW YORK, May 6 PRNewswire-FirstCall — Standard Motor Products, Inc. (NYSE: SMP), an automotive replacement parts manufacturer and distributor, is scheduled to report its earnings for the three months ended March 31, 2008 on Wednesday, May 7, 2008 before the opening of the stock market...
PumpTop TV Becomes Largest TV Network at Gas Stations
IRVINE, Calif., May 6 PRNewswire — With nearly 6,000 LCD screens mounted on the fuel pumps at more than 550 U.S. gas stations, PumpTop TV has emerged as the nation's largest gas station television network. AdtekMedia, owner/operator of the PumpTop TV network, and Westinghouse Digital...
Cooper Tire & Rubber Company Declares 145th Consecutive Quarterly Dividend
FINDLAY, Ohio, May 6 PRNewswire-FirstCall — Cooper Tire & Rubber Company (NYSE: CTB) today announced a quarterly dividend of 10.5 cents per share on common stock, payable June 30, 2008, to stockholders of record at the close of business June 2, 2008. This will mark the 145th...
Cycle Country Announces Conference Call
SPENCER, Iowa-(Business Wire)-May 6, 2008 - Cycle Country (AMEX:ATC), a leading supplier of ATV accessories, Plastic Wheel Covers, Golf Car Accessories, Oil Filters and Contract Manufacturing services, wishes to inform its investors and other interested parties that there will be a conference call...
Pennsylvania Troopers Make Record Number of DUI Arrests
Commissioner Says Training Programs Play Role in Enforcement Efforts HARRISBURG, Pa., May 6 PRNewswire-USNewswire — As part of its efforts to keep Pennsylvania's highways safe for all travelers, State Police last year arrested 15,583 people for driving under the influence, a 3 percent...
WBusiness Books: What $36 Billion Teaches Us About Marketing
LOS ANGELES, May 6 PRNewswire — Ten years ago tomorrow on May 7, 1998, Mercedes-Benz bought Chrysler for $36 billion (U.S.) and formed DaimlerChrysler in the largest industrial merger in history. The national average for gasoline was $1.20 a gallon. A decade later, the national average...
New Report on the Croatian Telecoms Market - Key Statistics, Regulatory & Fixed Line Telecoms Overviews
DUBLIN, Ireland-(Business Wire)-May 6, 2008 - Research and Markets 5.3 Optima Telekom 5.4 Primatel 6. Telecommunications infrastructure 6.1 National telecom network 6.2 International infrastructure 7. Wholesaling 8. Related reports Table 1 - Country statistics - 2007 Table 2 - Telecoms market...
Wonder Auto Technology Announces Equity Incentive Plan
JINZHOU CITY, Liaoning, China, May 6 Xinhua-PRNewswire-FirstCall — Wonder Auto Technology, Inc. (Nasdaq: WATG) ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical and suspension parts in China, today announced that the board of directors of the Company...
Toyota Announces Million Dollar Donation to Everglades National Park
HOMESTEAD, Fla., May 6 PRNewswire-FirstCall — Toyota today announced a contribution of more than $1 million dollars and five vehicles to Everglades National Park to support environmental education programs. The donation will benefit more than 10,000 students annually via a number of...
Nissan North America Names Alan Buddendeck New Communications Vice President
NASHVILLE, Tenn., May 6 PRNewswire-FirstCall — Nissan North America, Inc. (NNA) (Nasdaq: NSANY), today announced that Alan J. Buddendeck has been appointed Vice President, Corporate Communications, succeeding Frederique Le Greves who will transfer to Renault Headquarter as of July...
D.C. United and Volkswagen Ink Landmark Sponsorship Agreement
WASHINGTON, May 6 PRNewswire — D.C. United and Volkswagen of America, Inc. today announced a five-year partnership agreement that will see the two brands join forces in a landmark deal that includes Volkswagen's logo on the shirts of the most successful team in the history of American...
Visteon, With Boston Acoustics, 'Tunes' Up the All-new 2009 Dodge Challenger
VAN BUREN TOWNSHIP, Mich., May 6, 2008 PRNewswire — Visteon Corporation (NYSE: VC) and D&M Holdings Inc. (TSE 1:6735) announced today they have expanded their relationship to supply Boston Acoustics' branded audio systems to the 2009 Dodge Challenger. The system will include Boston...
Wheels, Inc. Launches Web-Based Expense Analysis Tools
DES PLAINES, Ill., May 6 PRNewswire — Wheels, Inc., a leader in the multi-billion-dollar fleet-leasing industry, today introduced two major new fleet decision tools: Expense Variance and Cost Projection. The innovative tools are designed to provide fleet, sourcing and finance executives...
Crescent Bank and Trust Joins RouteOne
FARMINGTON HILLS, Mich., May 6 PRNewswire — RouteOne LLC announced today that Louisiana-based sub prime lender Crescent Bank and Trust has joined the growing roster of finance sources on RouteOne's web-based credit application management system. Crescent Bank and Trust is ranked...
VinSolutions.com Announces Enterprise CRM/BDC Solution
OVERLAND PARK, Kan., May 6 PRNewswire — VinSolutions.com rolls out its new Enterprise CRM/BDC Solution for multi-rooftop dealers nationwide. Now from a single screen, with a single log-in, users in dealer groups can access customer and inventory data from each of their locations. With...
D&M Holdings and Visteon 'Tune Up' the All-new 2009 Dodge Challenger
TOKYO, May 6 PRNewswire — D&M Holdings Inc. (TSE 1:6735) and Visteon Corporation (NYSE: VC) announced today they have expanded their relationship to supply Boston Acoustics' branded audio systems to the 2009 Dodge Challenger. The system will include Boston Acoustics' speakers and...
Swiss Re's Commercial Insurance and BISYS Specialty Programs Offering World-Class Insurance Protection
OVERLAND PARK, Kan. and MELBOURNE, Fla., May 6 PRNewswire — Swiss Re's Commercial Insurance and BISYS Specialty Programs (a division of Crump Insurance Services, Inc.), today announced the launch of an insurance program for auto dealers. Backed by the world-class financial strength of...
How to Get the Most Out of Every Gas Purchase
HOUSTON, May 6 PRNewswire — As the cost of driving seems to rise every day, drivers are looking to get the most out of every tank. While some use alternate modes of transportation, many people need their cars on a daily basis. For those in the driver's seat, there are simple ways to...
Harbin Electric Schedules Conference Call to Discuss First Quarter 2008 Earnings on May 9, 2008
HARBIN, China, May 6 Xinhua-PRNewswire-FirstCall — Harbin Electric, Inc., ("Harbin Electric" or the "Company"; Nasdaq: HRBN), a market leader in customized linear motors, motor/controller automation systems, automobile specialty micro-motors, and other special motors, today announced...
Ener1, Inc. Announces Date for First Quarter 2008 Results and Management Conference Call
FORT LAUDERDALE, Fla., May 6 PRNewswire-FirstCall — Ener1, Inc. (OTC Bulletin Board: ENON) will release its first quarter results for 2008 on Monday, May 12, 2008 before the market open. Management will conduct a conference call on the same day, Monday, May 12, 2008, at 10:00 a.m...
Electric Vehicle Company, RTEV, To Launch
ATLANTA, May 6 PRNewswire — RTEV, one of the first electric vehicle (EV) companies to deliver affordable electric LSVs (Low Speed Vehicles), will celebrate its official launch at Georgia Tech on May 6, 2008. The event, to be held at the Georgia Tech Hotel and Convention Center from...
Payless Car Rental Launches iPhone and iPod Touch Optimized Website
ST. PETERSBURG, Fla., May 6 PRNewswire — Payless Car Rental has launched an iPhone and iPod Touch optimized website. Payless Car Rental, a low-cost rental car company providing exceptional value to travelers, is one of the first car rental agencies to build a customized version of its...
ArvinMeritor Names Jeffrey 'Jay' Craig Chief Financial Officer
TROY, Mich., May 6 PRNewswire-FirstCall — ArvinMeritor, Inc. (NYSE: ARM) today announced that Jeffrey "Jay" Craig, currently senior vice president and controller, has been named senior vice president and CFO of the company, effective immediately. Craig replaces James Donlon, executive...
ArvinMeritor Announces Plan to Spin Off Light Vehicle Systems Business to Shareholders
TROY, Mich., May 6 PRNewswire-FirstCall — ArvinMeritor, Inc. (NYSE: ARM) today announced that its board of directors has approved a plan to spin off its Light Vehicle Systems (LVS) business to ArvinMeritor shareholders, with the Commercial Vehicle Systems (CVS) business remaining with...
Microsoft and Hyundai-Kia Automotive Group to Develop Next Generation of In-Car Infotainment
SEOUL, South Korea, May 6 PRNewswire-FirstCall — Today, Microsoft Corp. and Hyundai-Kia Automotive Group (HKAG) entered into a long-term agreement to co-develop the next generation of in-car infotainment systems. Bill Gates, chairman of Microsoft, and Mongku Chung, chairman of HKAG...
Group 1 Automotive Acquires BMW/MINI Dealership in Annapolis, Maryland
HOUSTON-(Business Wire)-May 5, 2008 - Group 1 Automotive, Inc. (NYSE:GPI), a Fortune 500 automotive retailer, today reported it acquired Tate BMW/MINI in Annapolis, Md., which is expected to generate $73.0 million in estimated annual revenues. Located in the fast-growing Baltimore-Washington, D.C...
Univision and The Vidal Partnership Announce Original Branded Soccer Reality Series
NEW YORK-(Business Wire)-May 5, 2008 - Univision and The Vidal Partnership today announced a groundbreaking soccer entertainment property, "El Juego Supremo" (The Ultimate Match). A high octane reality soccer competition series, "El Juego Supremo" marks the first Univision Network original branded...
U.S. Army Awards Navistar Defense Multi-Year Truck Contract for Rebuilding, Security Efforts in Afghanistan and Iraq
WARRENVILLE, Ill.-(Business Wire)-May 5, 2008 - Thousands of trucks from Navistar Defense, LLC will support rebuilding and security efforts in Afghanistan and Iraq as the U.S. Army today awarded Navistar Defense a multi-year contract valued at nearly $1.3 billion. The U.S. Army TACOM Life Cycle...
Universal Technical Institute, Inc. Announces Appointment of New Director
PHOENIX, May 5 PRNewswire-FirstCall — Universal Technical Institute, Inc. (NYSE: UTI), a provider of technical education training, today announced the appointment of Alan E. Cabito, to its Board of Directors. Mr. Cabito will fill the vacancy created by the resignation of Kevin P...
Arctic Cat Declares Quarterly Cash Dividend
THIEF RIVER FALLS, Minn.-(Business Wire)-May 5, 2008 - Arctic Cat Inc. (Nasdaq: ACAT) today announced that its board of directors has declared a regular quarterly cash dividend of 7 cents per share of common and class B common stock. The dividend is payable on or about June 2, 2008, to...
CORRECTING and REPLACING Proliance International Names Michael Barbee Vice President of Sales
NEW HAVEN, Conn.-(Business Wire)-May 5, 2008 - Headline of release should read: Proliance International Names Michael Barbee Vice President of Sales (sted Proliance Industries Names Michael Barbee Vice President of Sales). The corrected release reads: PROLIANCE INTERNATIONAL NAMES MICHAEL BARBEE...
Chrysler LLC Delivers Economic Stimulus; Protects Consumers from Rising Gas Prices for Three Years
AUBURN HILLS, Mich., May 5 PRNewswire — In response to direct customer feedback citing the prospect of rising gas prices as a top concern, Chrysler LLC today announces its own economic stimulus package: an exclusive gas price protection policy that eliminates the risk of further...
U.S. Department of the Treasury Seized & Forfeited Property Auction May 21, 2008, Riverside, CA
RIVERSIDE, Calif., May 5 PRNewswire — VSE Corporation and Rick Levin & Associates, Inc. will conduct an auction of seized and forfeited property on behalf of the U.S. Department of the Treasury. Other agencies that are participating include: U.S. Customs & Border Protection...
Alcoa Team Selected for International Quality Competition
NEW YORK-(Business Wire)-May 5, 2008 - Alcoa (NYSE:AA) announced today that its Warrick (Indiana) Operations has been selected as a finalist in a prestigious, international competition hosted by the American Society for Quality (ASQ). The Alcoa "Current Efficiency Team" will be recognized for...
CALSTART Blue Sky Award(TM) Winners Announced
PASADENA, Calif.-(Business Wire)-May 5, 2008 - CALSTART (www.calstart.org) - North America's leading advanced transportation technologies consortium - today announced the winners of its prestigious Blue Sky Award(TM) 2008. The annual awards recognize outstanding marketplace contributions to clean...
Chip McClure, Chairman, CEO and President, Hosts Conference Call and Web Cast
Troy, Mich., May 5 PRNewswire-FirstCall — WHO: Chip McClure, chairman, CEO and president WHAT: Conference call and web cast with investors, analysts and media; call-in details below WHEN: Tuesday, May 6, 2008, 8:00 a.m. ET Call-In Detail ArvinMeritor will host a conference call and Web...
Nationwide Insurance Launches SmartRide Program for Teens and Parents
COLUMBUS, Ohio-(Business Wire)-May 5, 2008 - In time for National Youth Traffic Safety Month, Nationwide Insurance has launched SmartRide(SM), a comprehensive teen driver program. The program empowers teens and parents and provides the right tools and resources to help teens become smarter and safer...
Volkswagen Rabbit Ranked Best in Consumer Reports' Tests of Six Affordable Hatchbacks
Rabbit achieves "Excellent" overall score in CR's ratings; Subaru Impreza & Toyota Matrix judged "Very Good" YONKERS, N.Y., May 5 PRNewswire-USNewswire — The Volkswagen Rabbit emerged as Consumer Reports' top-rated affordable hatchback following tests of six vehicles for the June...
Garmin, TomTom and Magellan Dominate Latest Consumer Reports GPS Navigator Ratings
Garmin Nuvi 760 scored best overall; High price tag doesn't always mean better in Consumer Reports largest GPS test group YONKERS, N.Y., May 5 PRNewswire-USNewswire — Despite the influx of several new brands and models, longtime GPS brands — Garmin, TomTom and Magellan — are...
Automotive Manufacturing Company, Eisenmann, Expands Relationship with Infor
MUNICH, Germany-(Business Wire)-May 5, 2008 - Infor today announced that Eisenmann Druckguss GmbH, a manufacturer of components for the automotive industry, has replaced its standard business software from SAP with Infor ERP Xpert in its recently acquired facility in Roding, Bavaria. Tailored...
Noble Names Richard McCracken, Gerard Picard, and James Thomas to Its Board of Directors
TROY, Mich., May 5 PRNewswire-FirstCall — Noble International, Ltd., (Nasdaq: NOBL) ("Noble" or the "Company") announced that Richard McCracken, Gerard Picard and James Thomas have been elected to the Company's Board of Directors, effective May 5, 2008. Concurrent with their appointment...
Belle Island Village Announces Key Elements of 'Darrell Waltrip Racing Experience' in Pigeon Forge to Open Fall 2008
PIGEON FORGE, Tenn., May 5 PRNewswire — Belle Island Village — along with three-time NASCAR Cup Champion and FOX Sports analyst Darrell Waltrip and fellow motor sports veteran Jeff Hammond — announced today key components of the Darrell Waltrip Racing Experience, scheduled...
Land Rover G4 Challenge Nevada Passage Adventure Competition Gets Underway on May 6
CARSON CITY, Nev., May 5 PRNewswire — Twenty amateur adventure athletes will drive, run, bike, climb and kayak through the wide-open Nevada landscape as Land Rover North America and the Nevada Commission on Tourism kick off the Land Rover G4 Challenge Nevada Passage, May 6. The four-day...
It's Time for Cities to Protect Their Underground Infrastructure:
NEW YORK, May 5 PRNewswire — In today's society, it's more important than ever that our cities do everything possible to protect themselves and their citizens from attacks on infrastructure: above ground and below. Recent stories in the news have shown us all how important it is for our...
Microchip Technology Announces Serial EEPROM Family On New Single I/O Bus
CHANDLER, Ariz.-(Business Wire)-May 5, 2008 - Microchip Technology Inc. (NASDAQ: MCHP), a leading provider of microcontroller and analog semiconductors, today announced a new 10-member family of serial EEPROM devices with a single I/O bus interface. The devices are based upon Microchip's patented...
Lincoln Joins Forces With Harry Connick, Jr. and House Beautiful Magazine to Once Again Make 'Dreams' Come True in New Orleans
DEARBORN, Mich., May 5 PRNewswire — In the true spirit of giving back and inspiring people to experience their dreams, Lincoln once again joins forces with Harry Connick, Jr. and the New Orleans Area Habitat to rebuild and celebrate the community spirit of the Musicians' Village in...
Veri-Tek International, Corp. Will Report First Quarter 2008 Financial Results on May 13, 2008
BRIDGEVIEW, Ill., May 5 PRNewswire-FirstCall — Veri-Tek International, Corp. (Amex: VCC), a leading provider of engineered lifting solutions including boom truck cranes, rough terrain forklifts and special mission oriented vehicles, announced today that management will announce its...
Chrysler LLC Chairman and CEO Bob Nardelli and Chrysler Foundation Recognized by Larry King Cardiac Foundation for Dedication to Improving Lives of Others
AUBURN HILLS, Mich., May 5 PRNewswire — The Larry King Cardiac Foundation (LKCF) celebrated its 20th anniversary in grand style in Washington, D.C., Saturday May 3, with Larry and Shawn Southwick-King and more than 600 friends that included Grammy-Award Winner Seal; "Saturday Night...
Hayes Lemmerz Earns Fiat's Qualitas Award
NORTHVILLE, Mich., May 5 PRNewswire-FirstCall — Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced that its steel wheel manufacturing operation in Guarulhos, Brazil has been recently honored with the Fiat Group's Qualitas (Quality) Award. Hayes Lemmerz received the Qualitas...
CHEP Launches Sustainability Website www.chep.com/onepallet
ORLANDO, Fla.-(Business Wire)-May 5, 2008 - CHEP, the global leader in pallet and container pooling, today unveiled a new website that shows the impact of shipping platform choices on the environment and supply chain. Located at www.chep.com/onepallet, the site allows companies to easily calculate...
4C Controls Inc. Appoints Jean-Robert Martin Chairman of the Board
NEW YORK & PARIS-(Business Wire)-May 5, 2008 - 4C Controls Inc. (OTCBB:FOUR.OB) today announced the appointment of Jean-Robert Martin as Chairman of the Board of Directors. The appointment is effective immediately. Mr. Martin, 68, is a recognized authority with a distinguished 46 year career...
Wonder Auto Technology to Announce 2008 First Quarter Financial Results on May 14
JINZHOU CITY, Liaoning, China, May 5 Xinhua-PRNewswire-FirstCall — Wonder Auto Technology, Inc. (Nasdaq: WATG) ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical and suspension parts in China, today announced that it will report financial results for the...
TRW Automotive Earns Ford World Excellence Award
LIVONIA, Mich., May 5 PRNewswire-FirstCall — TRW Automotive Holdings Corp. (NYSE: TRW), through its TRW Polska Sp. z o.o. manufacturing facility in Czestochowa, Poland, has earned a prestigious Ford Motor Company World Excellence Award for exemplary performance in the supply of...
BigLever Software Delivers Fully Integrated Software Product Line and Requirements Engineering Solution
AUSTIN, Texas-(Business Wire)-May 5, 2008 - BigLever Software(TM), an industry-leading provider of software product line (SPL) development tools and services, today announced the release of the Telelogic DOORS(R)/BigLever Gears(TM) Bridge, an integrated solution aimed at helping product...
National Used Car Sales and Finance Company Secures Financing
PHOENIX, May 5 PRNewswire — DriveTime(R), the largest used car sales and finance company in the country serving people with less than perfect credit, today announced the expansion of its primary credit facilities and a significant infusion of capital into the Company. On April 29th, the...
Park Electrochemical Corp. Announces Date of Fiscal Year Earnings Release and Conference Call
MELVILLE, N.Y.-(Business Wire)-May 5, 2008 - Park Electrochemical Corp. (NYSE:PKE) today announced that it plans to release its financial results for its 2008 fiscal year fourth quarter and for its full fiscal year ended March 2, 2008 before the New York Stock Exchange opens on Thursday, May 8...
Allied Motion Achieves Record Profit and Revenues for the Quarter Ended March 31, 2008
DENVER-(Business Wire)-May 5, 2008 - Allied Motion Technologies Inc. (NASDAQ: AMOT) today announced it achieved a 29% increase in net income for the quarter ended March 31, 2008 to $924,000 or $0.13 per diluted share compared to net income of $715,000 or $.10 per diluted share for the same quarter...
FedEx Truckload Brokerage Expands Coverage to Canada
AKRON, Ohio-(Business Wire)-May 5, 2008 - FedEx Truckload Brokerage, Inc., a subsidiary of FedEx Custom Critical, Inc., can now meet its customers' needs for truckload shipments between the U.S. and Canada. When the company launched in January 2007, it focused solely on U.S. shipments. With the...
Chrysler LLC Honors Troops During Military Appreciation Month
AUBURN HILLS, Mich., May 5 PRNewswire — In support of Military Appreciation Month, today Chrysler honored those employees who have been called to active military duty as members of the Michigan National Guard and United States Military Reserve with a Blue Star Service Flag ceremony at...
SEEBURGER Releases ebXML Message Service Adapter for Its EDI Platforms
ORLANDO, Fla.-(Business Wire)-May 5, 2008 - SEEBURGER Inc. today released an ebXML Message Service (ebMS) adapter for its suite of Electronic Data Interchange (EDI) solutions, including the standalone SEEBURGER Business Integration Server as well as the SEEBURGER EDI add-on for use with the SAP...
Odyne CEO Alan Tannenbaum to Present at AEA Micro Cap Conference in Monterey, California on Tuesday, May 6, 2008
HAUPPAUGE, N.Y.-(Business Wire)-May 5, 2008 - Odyne Corporation (OTCBB:ODYC), a leading developer of advanced Plug-In Hybrid Electric Vehicle (PHEV) Technology, announced today that Odyne CEO, Alan Tannenbaum, is scheduled to present at the 10th Annual AEA Micro Cap Financial Conference in Monterey...
Compiled Logic to Acquire Towing Dispatch, Tracking and Management Provider DTS
HOUSTON-(Business Wire)-May 5, 2008 - C:Logic, a leading provider of Towing Lifecycle Management solutions, today announced the acquisition of Newport Beach-based Dispatch & Tracking Systems (DTS), extending its portfolio of products and services for automated dispatching, tracking and...
American Honda Reports an Increase in April Sales
TORRANCE, Calif., May 5 PRNewswire — American Honda Motor Co., Inc., posted an April sales result of 135,180 vehicles, a decrease of 1.3 percent over April 2007 sales of 126,419 vehicles, on a daily-selling-rate basis*, the company announced today. American Honda posted April car...
The Enthusiast Network (TEN) Joins Autobytel's AutoReach(SM) Ad Network
IRVINE, Calif.-(Business Wire)-May 5, 2008 - Autobytel Inc. (Nasdaq:ABTL), a leading automotive marketing services company, today announced the addition of The Enthusiast Network (TEN) to its rapidly growing AutoReach Ad Network. Autobytel will supply targeted advertising from the AutoReach Ad...
Trubiquity Launches Software Architecture, Data Exchange Product
ROCHESTER HILLS, Mich.-(Business Wire)-May 5, 2008 - Trubiquity (formerly Autoweb), a leading provider of software-based business process automation and data management solutions for the automotive, aerospace and consumer goods industries, has launched its new software-as-a-service (SaaS...
Not Just for Law Enforcement: CDW-G Helps Improve Efficiency and Communications for Buses in Portage County, Ohio
VERNON HILLS, Ill.-(Business Wire)-May 5, 2008 - CDW Government, Inc. (CDW-G), a wholly owned subsidiary of CDW Corporation and leading source of Information Technology (IT) solutions to governments and educators, today announced that it provided a Panasonic Toughbook solution to the Portage Area...
AAA Awards Lifesaving Medals to Three Elementary Students for Saving the Lives of Fellow Students
AAA School Safety Patrol members honored for lifesaving heroics WASHINGTON, May 5 PRNewswire-USNewswire — AAA awarded Lifesaving Medals to three students today for their heroic actions as AAA School Safety Patrol members. Clarissa Sourada, Nicole Epstein and Raul Valdez each saved...
Scania: Leif Ostling's Contract Extended
STOCKHOLM, Sweden-(Business Wire)-May 5, 2008 - Regulatory News: Scania's (STO:SCVA)(STO:SCVB) Board of Directors has extended the President and CEO Leif Ostling's employment contract by three years, until 31 March 2012. The terms and conditions of the new contract will remain essentially the same...
The Release of the 2008 Workforce Intelligence Report Promises to ``Change the Game''
SAN JOSE, Calif.-(Business Wire)-May 5, 2008 - Workforce Intelligence Institute, the research division of Human Capital Source, has released the 2008 Workforce Intelligence Report. Compiled by Dr. Jac Fitzenz, the leading authority on human capital analysis and valuation, the report takes off from...
Freescale Gets Checkered Flag as the No. 1 Chipmaker to the Automotive Industry
AUSTIN, Texas-(Business Wire)-May 5, 2008 - In the race to feed the automotive industry's growing appetite for silicon, Freescale Semiconductor wins again, year after year. Strategy Analytics' 2007 Automotive Semiconductor Vendor Market Share report names Freescale as the No. 1 supplier to the...
Thor Appoints New Chief Financial Officer
JACKSON CENTER, Ohio, May 5 PRNewswire-FirstCall — Thor Industries, Inc. (NYSE: THO) announced today that it has hired Christian G. Farman as its Senior Vice President and Chief Financial Officer. Mr. Farman has broad, successful experience as a chief financial officer of public and...
Capital Automotive LLC Declares Quarterly Preferred Unit Distributions
MCLEAN, Va., May 5 PRNewswire-FirstCall — Capital Automotive LLC (the "Company"), the nation's leading specialty finance company for automotive retail real estate, today announced that its Board of Managers has declared a dividend for the period commencing February 1, 2008 and ending...
Exactly How Much Does Your Car Contribute to the U.S. Economy? A New Online Service Tells Consumers the Jobs and Economic Impact of Their Auto Purchase
WASHINGTON, May 5 PRNewswire — An online service launching today gives consumers a valuable new resource for making auto purchase decisions. Just as they can turn to Consumer Reports for reliability ratings, or the Insurance Institute for Highway Safety for crash test results...
Volvo: Henrik Bergquist Receives Assar Gabrielsson Prize for Dissertation on Esophageal Cancer
STOCKHOLM, Sweden-(Business Wire)-May 5, 2008 - Regulatory News: Dr. Henrik Bergquist MD has been awarded the Assar Gabrielsson Prize for an outstanding scientific dissertation in cancer research at Goteborg University during the past three years. The prize is SEK 50,000, with the possibility in...
GEICO Honors Five Federal Employees for Outstanding Community Leadership
WASHINGTON-(Business Wire)-May 5, 2008 - GEICO will honor five government employees as GEICO Public Service Award winners for 2007 for their on-the-job dedication and community contributions at a special recognition ceremony today at the National Archives in Washington, D.C. This is the 28th year...
Magna Units Recognized by General Motors as 2007 Suppliers of the Year
AURORA, Ontario, May 5 PRNewswire — Cosma International and Decoma International, two operating units of Magna International Inc., have received the General Motors 2007 Supplier of the Year award for their significant contributions to GM's global product and performance achievements...
Siemens PLM Software Honored as One of Visteon Corporation's Top Suppliers
PLANO, Texas and VAN BUREN TOWNSHIP, Mich., May 5 PRNewswire — Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services, today announced it has been honored with a...
AAA Recommends Travelers Budget $244 Per Day
AAA releases 2008 Vacation Costs Survey ORLANDO, Fla., May 5 PRNewswire-USNewswire — According to the 2008 edition of AAA's Annual Vacation Costs Survey the recommended travel budget for two adults traveling together in North America is $244 per day for lodging and meals. "Vacation...
NAVTEQ Announces Semifinalists for the 2008 NAVTEQ Global LBS Challenge(R) - APAC
CHICAGO, May 5 PRNewswire-FirstCall — NAVTEQ (NYSE: NVT), a leading global provider of digital map data for vehicle navigation and location-based solutions, is proud to announce the twelve semifinalists for the Global LBS Challenge - APAC. The NAVTEQ Global LBS Challenge invites...
Extreme Motorsports Quotations Department Goes Crazy!
BAKERSFIELD, Calif., May 5 PRNewswire-FirstCall — Extreme Motorsports of California, Inc. (Pink Sheets: EMOC) ("Xtreme" or the "Company"), the world's only publicly traded sandcar manufacturer sees a 1056% spike in quotations upon release of Electric Sandcar Technology. Upon the release...
Teen Drivers' Perceived Risks Point to Gaps in Education Strategies
Thousands of teens reveal their perceptions, experience in scientific survey PHILADELPHIA, May 5 PRNewswire-USNewswire — Perception does not equal reality with teen drivers according to a study released today by The Children's Hospital of Philadelphia (CHOP) and State Farm...
Drew Industries Reports First Quarter Results
WHITE PLAINS, N.Y., May 5 PRNewswire-FirstCall — Drew Industries Incorporated (NYSE: DW) reported today its operating results for the first quarter ended March 31, 2008. Drew, a leading supplier of components for recreational vehicles (RV) and manufactured homes, reported net income...
SkyGuard Joins DealerTrack Aftermarket Network(TM)
LAKE SUCCESS, N.Y., May 5 PRNewswire-FirstCall — DealerTrack Aftermarket Services, Inc., a subsidiary of DealerTrack Holdings, Inc. (Nasdaq: TRAK), today announced that SkyGuard has joined the DealerTrack Aftermarket Network(TM), an industry-leading solution for real-time aftermarket...
SpongeTech(R) Delivery Systems, Inc. CEO Interviewed Live on Steve Crowley's American Scene Radio Show
NEW YORK, May 5 PRNewswire-FirstCall — SpongeTech(R) Delivery Systems, Inc. (OTC Bulletin Board: SPNG) is pleased to announce that its CEO and President, Michael Metter, will be interviewed today on Steve Crowley's American Scene Radio Show at 9:42 a.m. EDT. The interview can be...
/C O R R E C T I O N -- TECHPRO ELECTRONICS PTE LTD/
In the news release, Techpro Electronics Launches COPROTECTOR(TM) - The World's 1st Electrochemical Carbon Monoxide Detector Specially Designed for Use in Cars, issued earlier today by TECHPRO ELECTRONICS PTE LTD over PR Newswire, we are advised by a representative of the company that the...
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