Automotive Newswire
1 - TomTom and FUJITSU TEN Announce Second Generation of Semi-Embedded Portable Navigation Devices
AMSTERDAM, the Netherlands-(Business Wire)-January 7, 2009 - TomTom (AEX:TOM2), the world’s leading navigation solutions provider, today announces the availability of a second generation, semi-embedded TomTom device, designed especially for use with the in-dash FUJITSU TEN ECLIPSE AVN4430. With...
2 - ECLIPSE New Flagship AVN726E Revitalizes the AVN Line and is Named Best of Innovations 2009 in Its Category
TORRANCE, Calif.-(Business Wire)-January 7, 2009 - FUJITSU TEN LIMITED, manufacturer of leading automotive electronics, announced today the AVN726E, its latest addition to the popular ECLIPSE brand of AVN products. ECLIPSE introduced the AVN concept of a head unit based of three core points of a...
3 - ECLIPSE Introduces the “AVN+Portability” Concept with the AVN4430, a CES 2009 Innovations Honoree
TORRANCE, Calif.-(Business Wire)-January 7, 2009 - FUJITSU TEN LIMITED, manufacturer of leading automotive electronics, unveiled the ECLIPSE AVN4430 in-vehicle navigation system. This new product is the latest realization of the company’s AVN concept, which revolves around the three core points of...
4 - SuperCarDirect CEO Ditches Corporate Jet, Drives NASCAR to Work
SAN FRANCISCO-(Business Wire)-January 6, 2009 - SuperCarDirect.com CEO John Sweeney, who runs the nation’s largest free car classified website, has taken a novel approach to eliminating executive perks. He sold the company’s jet and now drives a NASCAR race car to work. “We took a NASCAR we...
5 - Globe Motors Saves Projected $2.25M with IQS
CLEVELAND-(Business Wire)-January 6, 2009 - IQS, the leading provider of Enterprise Risk and Compliance Management Software, reports today that customer Globe Motors experiences a projected savings of $2.25M since implementing IQS at its plants in Ohio, Alabama, Mexico and Portugal. Globe Motors...
6 - Odyne Corporation Announces Suspension of Operations
HAPPAUGUE, N.Y.-(Business Wire)-January 6, 2009 - Odyne Corporation (OTCBB: ODYC), a clean technology company that develops advanced hybrid electric vehicle propulsion systems, announced today that the company will be suspending operations. As disclosed in October 2008, Odyne retained Matrix USA...
7 - VMware Appoints Tod Nielsen as Chief Operating Officer
PALO ALTO, Calif.-(Business Wire)-January 6, 2009 - VMware Inc., (VMW:NYSE) the global leader in virtualization solutions from the desktop to the datacenter, announced today the appointment of Tod Nielsen to the newly created role of Chief Operating Officer. Nielsen will report directly to President...
8 - The March Group Announces the Acquisition of E.H. Burrell by Fleet Pride
CORAL SPRINGS, Fla.-(Business Wire)-January 6, 2009 - The March Group, a leading private mergers and acquisitions firm specializing in the sale of middle-market businesses, today released details regarding the acquisition of its client E.H. Burrell Co. Inc. by FleetPride Inc., the largest...
9 - CarMax Announces Webcast Information for Upcoming Conference
RICHMOND, Va.-(Business Wire)-January 6, 2009 - CarMax, Inc. (NYSE:KMX) announced today that Katharine W. Kenny, Assistant Vice President of Investor Relations, will present at the Cowen and Company’s 7th Annual Consumer Conference in New York on Monday, January 12, 2009. The presentation will...
10 - Research and Markets: GKN Plc 2008 Company Profile Edition 3 Out Now
DUBLIN, Ireland-(Business Wire)-January 6, 2009 - Research and Markets has announced the addition of the "GKN Plc 2008 Company Profile Edition 3" company profile to their offering. This latest just-auto company profile is part of a major series of reports that will provide you with convenient and...
11 - Research and Markets: Fleet Management and Wireless M2M, Fourth Edition Provides In-Depth Analysis of Market Trends and Key Developments
DUBLIN, Ireland-(Business Wire)-January 6, 2009 - Research and Markets has announced the addition of Berg Insight AB's new report "Fleet Management and Wireless M2M, Fourth Edition" to their offering. Fleet management and Wireless M2M is the fourth consecutive report from Berg Insight analysing...
12 - American Traffic Solutions Says Ruling from Seventh Circuit U.S. Court of Appeals Should End Any Challenge to Photo-Enforcement Constitutionality
SCOTTSDALE, Ariz.-(Business Wire)-January 6, 2009 - American Traffic Solutions, Inc. (ATS), which serves more than 130 communities across the U.S. with red-light and speed camera programs, is applauding a ruling of the Seventh Circuit, U.S. Court of Appeals, affirming the constitutionality of...
13 - Cover Girl Vida Guerra Back for Second Season of SPEED™ Prime Time Original Livin’ the Low Life
CHARLOTTE, N.C.-(Business Wire)-January 6, 2009 - SPEED opens its 2009 season for prime time originals Jan. 20 with the return of Super Bikes! (8 p.m. ET) hosted by Hollywood stunt rider Jason Britton and Livin’ the Low Life (9 p.m. ET) hosted by Cuban-born cover girl Vida Guerra. In season four...
14 - Airbiquity Reveals Connected Services Solutions
LAS VEGAS-(Business Wire)-January 6, 2009 - Airbiquity (www.airbiquity.com), a global leader in wireless connected services, today introduced its new Connected Services platform for portable navigation, embedded telematics and head-unit device manufacturers which, combined with innovative business...
15 - Airbiquity Unveils New Song Tagging Service at CES 2009
LAS VEGAS-(Business Wire)-January 6, 2009 - Airbiquity (www.airbiquity.com), a global leader in wireless connected services, unveiled its new song tagging application in time for CES 2009, that allows music enthusiasts to tag their favorite songs on their car stereo for purchase from their car or...
16 - Rand McNally Showcases New Mobile Technologies During ShowStoppers@CES 2009
-(Business Wire)-January 6, 2009 - Rand McNally: WHO: Rand McNally is revealing its tech side at ShowStoppers @ CES 2009. WHAT: New mobile, consumer, educational and commercial transportation technologies. As the largest and most trusted map publisher, Rand McNally is leveraging its renowned...
17 - Airbiquity Expands Position as Leading Telematics and Connected Services Solutions Provider
LAS VEGAS-(Business Wire)-January 6, 2009 - Airbiquity (www.airbiquity.com), a global leader in wireless connected services, today announced the expansion of the company’s portfolio to provide automotive and personal navigation device (PND) manufacturers with the most cost-effective, flexible...
18 - Allied Insurance Announces New Commercial Auto Product Features
DES MOINES, Iowa-(Business Wire)-January 6, 2009 - Allied Insurance is pleased to announce new commercial auto product features with the Commercial Auto Plus Endorsement. It provides the following coverages, and more: New Vehicle Replacement Cost Coverage – Allied’s Commercial Auto Plus...
19 - Nationwide Insurance Announces New Commercial Auto Product Features
COLUMBUS, Ohio-(Business Wire)-January 6, 2009 - Nationwide Insurance is pleased to announce new commercial auto product features with the Commercial Auto Plus Endorsement. It provides the following coverages, and more: New Vehicle Replacement Cost Coverage – Nationwide’s Commercial Auto Plus...
20 - Universal Power Group Partners with Energizer to Aid Motorists
CARROLLTON, Texas-(Business Wire)-January 6, 2009 - Universal Power Group, Inc. (NYSE Alternext US: UPG) today announced it is working with Energizer Holdings, Inc. to develop a line of efficient, reliable and user-friendly automotive products that can charge portable devices, jump-start a car and...
21 - Energizer Partners with Universal Power Group (UPG) To Aid Motorists
ST. LOUIS-(Business Wire)-January 6, 2009 - Energizer Battery, Inc. announced it is working with Universal Power Group, Inc. (UPG) to develop a line of efficient, reliable and user-friendly automotive products that can charge portable devices, jump-start a car and even inflate a tire while on the...
22 - Octillion Boosts Engineering, Bolsters Advisory Board & Files New Patents to Harness Energy from Moving Vehicles
WASHINGTON-(Business Wire)-January 6, 2009 - Octillion Corp. (OTCBB: OCTL), a next-generation alternative and renewable energy technology developer, today announced the appointment of energy-capture experts and engineers, Mr. Stuart Brown, PhD, MBA, and Mr. Brian S. Hendrickson, to the Company’s...
23 - Aero Performance Products, Inc. Announces Agreement to Acquire Jones Exhaust Products, Inc.
BLUFFDALE, Utah-(Business Wire)-January 6, 2009 - Aero Performance Products, Inc. (OTCBB:AERP), which operates Aero Exhaust, Inc., a world leader in performance exhaust airflow technology, today announced that it has reached a definitive agreement to acquire Jones Exhaust Systems, Inc., one of the...
24 - Valence Technology to Participate in the Deutsche Bank - 2009 Auto Analysts of New York Detroit Auto Conference
AUSTIN, Texas-(Business Wire)-January 6, 2009 - Valence Technology, Inc. (NASDAQ: VLNC), an international developer of safe lithium phosphate energy storage solutions, announced today it is participating in the 2009 Auto Analysts of New York Detroit Auto Conference, hosted by Deutsche Bank, being...
25 - Nowcom Announces Partnership with AutoCheck®
LOS ANGELES-(Business Wire)-January 6, 2009 - Nowcom, a leading provider of dealer management solutions, announced today the integration of the AutoCheck vehicle history reporting service from Experian Automotive into its Dealer Desktop auto dealer software solution. This integration allows...
26 - Learn about the World Carbon Black Market
NEW YORK-(Business Wire)-January 6, 2009 - Reportlinker.com announces that a new market research report related to the Chemicals industry industry is available in its catalogue. World Carbon Black Market http://www.reportlinker.com/p098336/World-Carbon-Black—Market.html This report analyzes...
27 - Comdata® Announces Donlen Corporation® as New MasterCard® Fleet Card Customer
BRENTWOOD, Tenn.-(Business Wire)-January 6, 2009 - Comdata® Corporation, a leader in payment innovation, has been selected by Donlen Corporation®, North America's fastest-growing fleet management company, as its preferred fleet card provider. Comdata will provide fuel discounts, real-time...
28 - Sign up and Charge! Coulomb Technologies Announces First ChargePoint Network Availability for Electric Vehicle Drivers
SAN JOSE, Calif.-(Business Wire)-January 6, 2009 - Coulomb Technologies today announced the first availability of the ChargePoint™ Network for plug-in vehicle owners. Developed to be the world’s easiest and yet most advanced vehicle charging infrastructure, the ChargePoint Network is designed to...
29 - Census Bureau Daily Feature for Tuesday, January 6: Diesel Car
WASHINGTON-(Business Wire)-January 6, 2009 - Profile America — Tuesday, January 6th. Concern over the price of oil and global warming has renewed interest in the U.S. about cars with diesel engines. About half the cars currently sold in Europe are powered by diesels, quieter and less polluting...
30 - Research and Markets: Extremely Detailed Passenger Car OEM Future Model Directory
DUBLIN, Ireland-(Business Wire)-January 6, 2009 - Research and Markets Suzuki Motor Corporation Tata Motors Toyota Group Volkswagen Group For more information visit http://www.researchandmarkets.com/research/e988f6/passenger_car_oem.
31 - AutoBrag Launches Braggle System, the Best Way to Buy New Cars
SAN DIEGO-(Business Wire)-January 6, 2009 - AutoBrag.com has developed the fastest and easiest way to buy new cars with the launch of its proprietary Braggle System For New Cars. The Braggle system enables new car shoppers to negotiate the lowest new car prices by making anonymous offers to local...
32 - Lithia Motors Inc. Suspends Quarterly Dividend
MEDFORD, Ore.-(Business Wire)-January 5, 2009 - Lithia Motors, Inc. (NYSE:LAD) today announced that its Board of Directors voted to suspend its quarterly dividend for the fourth quarter of 2008 due to the current economic environment. Last quarter’s dividend was $0.05 per share. About Lithia...
33 - Edmunds.com Reports True Cost of Incentives: Highest December Incentives on Record, Remarkable Jump in Leasing Activity
SANTA MONICA, Calif.-(Business Wire)-January 5, 2009 - Edmunds.com, the premier online resource for automotive information, estimated today that the average automotive manufacturer incentive in the U.S. was $2,902 per vehicle sold in December 2008, up $221, or 8.2 percent, from November 2008, and up...
34 - Silicon Laboratories Appoints Mark Thompson Vice President and General Manager of Microcontroller Products
AUSTIN, Texas-(Business Wire)-January 5, 2009 - Silicon Laboratories Inc. (Nasdaq:SLAB), a leader in high-performance, analog-intensive mixed-signal ICs, announced today the promotion of Mark Thompson to vice president and general manager of microcontroller products. Mr. Thompson replaces Derrell...
35 - DealerTrack Realigns Workforce and Business
LAKE SUCCESS, N.Y.-(Business Wire)-January 5, 2009 - DealerTrack Holdings, Inc. (Nasdaq: TRAK), a leading provider of on-demand software and data solutions for the U.S. automotive retail industry, today announced a realignment of its workforce and business aimed at sharpening its focus on high...
36 - Holding in Volkswagen to Be Increased to over 50 Percent
ATLANTA-(Business Wire)-January 5, 2009 - On this Monday, Porsche Automobil Holding SE, Stuttgart, Germany purchased further ordinary shares in Volkswagen AG, Wolfsburg, and will increase its holding to 50.76 per cent of all ordinary voting shares in Volkswagen. As a result of passing the...
37 - PPG Appoints Danowski Vice President, Performance Glazings
PITTSBURGH-(Business Wire)-January 5, 2009 - PPG Industries (NYSE: PPG) has announced that Gary Danowski, director, global operations, aerospace, will become vice president, performance glazings, effective in mid-January. He will report to Senior Vice President Victoria M. Holt and be based at the...
38 - Barrett-Jackson to Auction a Record 14 Charity Vehicles During the 2009 Scottsdale Event
SCOTTSDALE, Ariz.-(Business Wire)-January 5, 2009 - The Barrett-Jackson Auction Company will sell 14 vehicles to benefit various charities at No Reserve during the 38th Annual Barrett-Jackson Collector Car Auction in Scottsdale, Ariz., Jan. 11-18, 2009. The total marks the most charity vehicles ever...
39 - Porsche Reports U.S. Sales for December
ATLANTA-(Business Wire)-January 5, 2009 - Porsche Cars North America, Inc. (PCNA), importer and distributor of Porsche sports cars and Cayenne SUVs in the United States, today announced December sales in the U.S. of 2,154 units compared to the same period last year when it sold a record-setting...
40 - Shaw Announces First Quarter Fiscal Year 2009 Earnings Conference Call and Live Webcast
BATON ROUGE, La.-(Business Wire)-January 5, 2009 - The Shaw Group Inc. (NYSE: SGR) today announced it will hold a conference call on Thursday, Jan. 8, 2009, at 9 a.m. Eastern time (8 a.m. Central time) to discuss the company’s financial results for the first quarter of fiscal year 2009. Shaw...
41 - New Copper-Brass Heat-Exchangers Excel in Generator Set, Locomotive, Off-Road and Military Applications, Says International Copper Association
NEW YORK-(Business Wire)-January 5, 2009 - A new wave of interest has materialized for CuproBraze® technology, especially for stationary generators, locomotives, off-road equipment and government and military systems, says the International Copper Association. The chief reason for the popularity of...
42 - Catalyst Health Solutions to Present at the J.P. Morgan Healthcare Conference
ROCKVILLE, Md.-(Business Wire)-January 5, 2009 - Catalyst Health Solutions, Inc. (NASDAQ: CHSI) – announced today that David T. Blair, the Company’s Chief Executive Officer and Hai Tran, the Company’s Chief Financial Officer are scheduled to present at the 27th Annual J.P. Morgan Healthcare...
43 - Eaton Sells VORAD® System To Bendix Commercial Vehicle Systems LLC
CLEVELAND-(Business Wire)-January 5, 2009 - Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) announced today it has sold its VORAD® (Vehicle On-Board Radar) system to Bendix Commercial Vehicle Systems LLC, which is based in Elyria, Ohio. Terms of the transaction were not...
44 - Altera Showcases Programmable Consumer Electronics Solutions at 2009 International CES, January 8-11
SAN JOSE, Calif.-(Business Wire)-January 5, 2009 - Altera Corporation (NASDAQ: ALTR) is showcasing its broad portfolio of programmable solutions for the consumer electronics market at the 2009 International Consumer Electronics Show (CES) at the Las Vegas Convention Center. Altera’s solutions...
45 - PTC And Dallara Automobili Celebrate 15-Year Technology Partnership in Building Winning Race Cars
NEEDHAM, Mass.-(Business Wire)-January 5, 2009 - PTC (Nasdaq: PMTC), The Product Development Company®, today announced it is celebrating a 15-year technology partnership with Italian company Dallara Automobili, which for decades has specialized in racing car and super-car design and...
46 - Hyundai Heavy Industries Chooses Quake Global’s Satellite Modem for Its Global Telecommunications Asset Monitoring System
SAN DIEGO-(Business Wire)-January 5, 2009 - Quake Global, Inc., the leading manufacturer of satellite modems for the heavy equipment industry, announced today that Hyundai Heavy Industries Co. Ltd. has selected Quake Global and Korea ORBCOMM to supply satellite communicators and airtime for its...
47 - CarInsurance.com Offers More Car Insurance Savings In 2009
ALTAMONTE SPRINGS, Fla.-(Business Wire)-January 2, 2009 - CarInsurance.com, a company that is leading the way in selling auto insurance over the Internet and directly to consumers through its Online Insurance Marketplace(TM), is looking to help consumers save on auto insurance in 2009...
48 - Oshkosh Corporation Awarded Contract to Provide Replacement Defense Vehicle Parts
OSHKOSH, Wis.-(Business Wire)-January 2, 2009 - Oshkosh Corporation (NYSE:OSK) announced today that Oshkosh Defense has been awarded a sole source contract with the Defense Logistics Agency (DLA) to provide replacement parts for medium and heavy tactical vehicles. This annual contract has a...
49 - December Manufacturing ISM Report On Business®; PMI at 32.4%; New Orders, Production, Employment and Inventories Contracting; Prices Falling; Supplier Deliveries Faster
TEMPE, Ariz.-(Business Wire)-January 2, 2009 - Economic activity in the manufacturing sector failed to grow in December for the fifth consecutive month, and the overall economy contracted for the third consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report...
50 - Photo from Honda’s Rose Parade Float Is Available On Business Wire's Web Site and AP PhotoExpress.
A photo from Honda’s Rose Parade Float is available on Business Wire's Web Site and AP PhotoExpress. Photo: Honda’s Rose Parade float, a 49-foot replica of their ASIMO humanoid robot, the parade’s first-ever hydrogen-powered fuel cell pace car, the Honda FCX Clarity, and a 1959 Honda Super Cub...
51 - Speedway Motorsports Completes Purchase of Kentucky Speedway
CONCORD, N.C.-(Business Wire)-December 31, 2008 - Speedway Motorsports, Inc. (NYSE:TRK) has added Kentucky Speedway to its portfolio of motorsports facilities, expanding its geographic reach into the Midwest. The completed purchase was announced today by O. Bruton Smith, founder, chairman and...
52 - Navistar Posts Near Record Fiscal 2008 Earnings Excluding Asset Impairment Charges, Despite Weak Truck Market
WARRENVILLE, Ill.-(Business Wire)-December 31, 2008 - Navistar International Corporation (NYSE:NAV): Revenues increased 20% to record level of $14.7 billion — nearly doubling revenues from five years ago Demonstrated solid profitability in weak truck market at $7.23 per diluted share, and...
53 - Mile Marker International, Inc. Announces Refinancing
POMPANO BEACH, Fla.-(Business Wire)-December 30, 2008 - Mile Marker International, Inc. (“the Company”) (Pink Sheets:MMRK), a specialty vehicle parts manufacturer and distributor, today reported that it had completed the refinancing of several notes that matured on December 1, 2008. The...
54 - Video of Some of the Worst Red-Light Runners of 2008 Shared by American Traffic Solutions
SCOTTSDALE, Ariz.-(Business Wire)-December 30, 2008 - To accompany your New Year’s driver safety stories, American Traffic Solutions (ATS), which serves more than 130 communities in North America with red-light and speed camera programs, has posted video examples from 2008 at...
55 - New Year’s Resolution: Avoid Cell Phones When Driving, Suggests Edmunds.com
SANTA MONICA, Calif.-(Business Wire)-December 30, 2008 - The National Highway Traffic Safety Administration estimates that at any given moment more than 1 million U.S. people are talking on mobile phones while driving. NHTSA has also determined that driver inattention is a primary or contributing...
56 - A.M. Best: USAA’s Financial Strength A ‘Sustainable Competitive Advantage’
SAN ANTONIO-(Business Wire)-December 30, 2008 - A.M. Best has affirmed its highest possible financial strength ratings of A++ (Superior) and “aaa” for the United Services Automobile Association (USAA) and its insurance subsidiaries. These ratings follow Standard & Poor’s recent affirmation...
57 - ABRA Auto Body & Glass Announces Dates of Invitational Tournament
MINNEAPOLIS-(Business Wire)-December 30, 2008 - ABRA Auto Body & Glass, a national damaged vehicle repair company, announced that the annual ABRA Invitational Tournament will be held January 1-3 at the Minnesota Made Rink located at 7300 Bush Lake Road in Edina. This tournament will feature...
58 - Copart Opens Web Site to the Public
FAIRFIELD, Calif.-(Business Wire)-December 30, 2008 - Copart, Inc. (NASDAQ:CPRT) today announced that it has opened its automotive sales web site to the public, allowing them to see the company’s patented VB2 technology. Up until recently, the site – www.copart.com – was password protected...
59 - The Fairchild Corporation Announces Management Changes
MCLEAN, Va.-(Business Wire)-December 29, 2008 - The Fairchild Corporation (NYSE:FA) announced today that, due to personal reasons, Warren Persavich, its President, Aerospace Group, has resigned. Additionally, Rich Nyren, the Company’s Controller, has accepted a position with another company. No...
60 - Rand McNally Enhances Commercial Transportation Industry's Most Comprehensive Routing and Mileage Software
SKOKIE, Ill.-(Business Wire)-December 29, 2008 - Rand McNally today introduced significant additions to its IntelliRoute® and MileMaker® commercial trucking solutions to help carriers and shippers save time and money. These enhancements will provide more flexibility and customization in freight...
61 - Aero Performance Products, Inc. Outlines Goals for 2009 Including Advancement of Roll-Up strategy and Improved Stock Valuation
BLUFFDALE, Utah-(Business Wire)-December 29, 2008 - Aero Performance Products, Inc. (OTCBB: AERP), which operates Aero Exhaust, Inc., a world leader in performance exhaust airflow technology and a NASCAR Performance Partner, today announced several goals for the company for the 2009 calendar year...
62 - Allstate Holiday Teen Driving Hotspots Study Reveals Highest Rates of Deadly Teen Crashes on New Year’s Eve and New Year’s Day
NORTHBROOK, Ill.-(Business Wire)-December 29, 2008 - Some have called New Year’s Eve “amateur hour” on the roads. That couldn’t be more true for teen drivers, who, even if they haven’t been drinking, lack experience behind the wheel. At the conclusion of its Home for the Holidays public...
63 - CarMax Reveals Top Searched Used Vehicles for 2008
RICHMOND, Va.-(Business Wire)-December 29, 2008 - CarMax, Inc. (NYSE:KMX) the nation’s largest retailer of used cars, reports the top ten searched vehicles on carmax.com for 2008. The Honda Accord retains the top spot for the third consecutive year. For the past year, carmax.com averaged more than...
64 - San Francisco’s Yellow Cab Cooperative Awards Clean Energy Contract to Supply Natural Gas Fuel for 10 Years
SEAL BEACH, Calif.-(Business Wire)-December 29, 2008 - Yellow Cab Cooperative, San Francisco’s largest taxicab operator, has awarded Clean Energy Fuels Corp. (Nasdaq:CLNE) a 10-year contract to supply compressed natural gas (CNG) fuel, and provide operations and maintenance for a newly expanded...
65 - Haldex to Divest Garphyttan Wire
STOCKHOLM, Sweden-(Business Wire)-December 25, 2008 - Regulatory News: Haldex AB (“Haldex”) has today reached an agreement with Suzuki Metal Industry Co., Ltd. (“Suzuki Metal”), a Japanese manufacturer of steel wire, to divest its division Garphyttan Wire. The purchase price, which will be...
66 - XPEL Sells Paintshield Limited
SAN ANTONIO-(Business Wire)-December 24, 2008 - XPEL Technologies Corp. (TSXV: DAP.U) announced today that it has conveyed its Paintshield subsidiary, based in the United Kingdom, back to Paintshield’s management team, including principal Tom Wakeford, Paintshield’s founder and Managing...
67 - Acacia Subsidiary Enters into License Agreement with Cemtek Com, Inc.
NEWPORT BEACH, Calif.-(Business Wire)-December 24, 2008 - Acacia Research Corporation (Nasdaq: ACTG) announced today that its subsidiary, Telematics Corporation, has entered into a patent license agreement with Cemtek Com, Inc. The Telematics technology generally relates to systems and methods for...
68 - Navistar to Restate Results for the First Nine Months of Fiscal 2008; Reaffirms Guidance for 2008
WARRENVILLE, Ill.-(Business Wire)-December 24, 2008 - Navistar International Corporation (NYSE:NAV): Reported net income for the nine months expected to increase by $50 million to $70 million Expects to file 10-K on time Navistar International Corporation (NYSE:NAV) announced today that it will...
69 - The Fairchild Corporation Announces Agreement to Sell 51% of Capital Stock of Polo Express to Klaus Esser
MCLEAN, Va.-(Business Wire)-December 23, 2008 - The Fairchild Corporation (NYSE:FA) announced today that on December 18, 2008, Fairchild entered into a Share Purchase and Transfer Agreement between its wholly-owned subsidiary, Fairchild Holding Corp. (“FHC”), and its wholly-owned subsidiary...
70 - Tenneco Amends Financial Covenant for Fourth Quarter
LAKE FOREST, Ill.-(Business Wire)-December 23, 2008 - Tenneco (NYSE:TEN) announced today that its senior lenders have agreed to amend a financial covenant in Tenneco’s senior secured credit facility for the fourth quarter of 2008, which relaxes the leverage covenant ratio (net debt/EBITDA) by...
71 - Edmunds.com Looks Back at 2008 and Forecasts 2009 Automotive Trends
SANTA MONICA, Calif.-(Business Wire)-December 23, 2008 - For the automotive industry, 2008 will be a year to forget. Due to the collapse of the financial industry, car sales plummeted to levels not seen since the early 1990s, when the country’s population was 50 million people fewer...
72 - Fitch Affirms Grupo KUO's IDRs at 'B+'; Outlook Stable
MONTERREY, Mexico-(Business Wire)-December 23, 2008 - Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) and outstanding credit ratings on Grupo KUO, S.A.B. de C.V. (KUO) as follows: — Long-term IDR at 'B+'; — Long-term local currency IDR at 'B+'; — Long-term National...
73 - BlueFire Named One of Top Bioenergy Companies for 2008 - 2009
IRVINE, Calif.-(Business Wire)-December 23, 2008 - BlueFire Ethanol Fuels, Inc. (OTCBB: BFRE), a leader in cellulosic ethanol production technology, has been ranked number 13 on Biofuels Digest’s list of the “50 Hottest Companies in Bioenergy.” “It is an honor to have been recognized for...
74 - ACG Chicago Summit Drives National Automotive Battery Alliance
CHICAGO-(Business Wire)-December 23, 2008 - The Chicago chapter of the Association for Corporate Growth, the premier professional organization focused on corporate growth, corporate development and mergers and acquisitions, provided the impetus for the nation’s first National Alliance for Advanced...
75 - American Traffic Solutions Files Motion to Dismiss Texas Lawsuit
SCOTTSDALE, Ariz.-(Business Wire)-December 23, 2008 - On Friday, December 19, 2008, American Traffic Solutions, Inc. filed a motion to dismiss a federal lawsuit brought by Texas plaintiffs who violated the red-light traffic laws and are seeking a return of the fines paid for their traffic tickets...
76 - Titan Machinery Acquires Agriculture Dealership in Minnesota
FARGO, N.D.-(Business Wire)-December 23, 2008 - Titan Machinery Inc. (NASDAQ:TITN) announced today the acquisition of Anderson Power and Equipment, Inc., an agriculture equipment dealership in Thief River Falls, Minnesota. The acquisition closed on December 22, 2008. David Meyer, CEO of Titan...
77 - Order for 235 Volvo Buses to Australia
STOCKHOLM, Sweden-(Business Wire)-December 23, 2008 - Regulatory News: Volvo Buses (STO:VOLVA) (STO:VOLVB) has received an order for 235 city buses to Sydney and Brisbane, Australia. In addition, there could be another 250 buses to Brisbane in the years ahead. Volvo Buses holds a strong position...
78 - RVT.com, America's RV Online Classifieds, Gives Away a Brand New 2009 Harley Davidson Motorcycle
LOUISVILLE, Ky.-(Business Wire)-December 23, 2008 - Donald Farras, of Dayton, Ohio, was the luckiest RV dealer at the 46th annual RV Dealer Show in Louisville, Kentucky. He was the winner of the 2009 Harley Davidson Fat Boy Motorcycle draw held at the RVT.com display booth. "I used to ride 40...
79 - Earl Scheib Announces Operating Results for the Second Quarter of Fiscal Year 2009
SHERMAN OAKS, Calif.-(Business Wire)-December 22, 2008 - Earl Scheib, Inc. (PINK SHEETS:ESHB) reported its results for the second quarter and six months ended October 31, 2008 of the fiscal year ending April 30, 2009 (“fiscal 2009”). Net sales for the second quarter of fiscal 2009 were...
80 - Winter Weather Forecast for Holiday Travel, Tow Truck Operator and Reality TV Star Shares Tips to Avoid a Christmas Ride with Him
CHARLOTTE, N.C.-(Business Wire)-December 22, 2008 - Most holiday motorists this week won’t give a first thought to tow truck operators, but if weather forecasts prove correct, many of them could come face-to-face with these servicemen. According to AAA’s estimate, 52.4 million Americans are...
81 - Kairos Autonomi First to Have Online Store for Unmanned Ground Vehicle Products
SALT LAKE CITY-(Business Wire)-December 22, 2008 - Kairos Autonomi is a leader in the unmanned ground vehicle industry with the Pronto4™ Strap-on Autonomy System. The Pronto4 system converts any ground vehicle or surface vessel into an unmanned system in about four hours, offering an immediate...
82 - Textron Announces Plan to Exit All Non-Captive Financial Businesses; Revises Fourth Quarter Financial Outlook and Expands Restructuring Program
PROVIDENCE, R.I.-(Business Wire)-December 22, 2008 - Textron Inc. (NYSE:TXT) today announced that its Board of Directors has approved a plan to exit all of Textron Financial Corporation’s (TFC) commercial finance business through a combination of orderly liquidation and selected sales, other...
83 - Universal Power Group Signs Licensing Agreement to Develop Line of Energizer-Branded Battery-Powered Products
CARROLLTON, Texas-(Business Wire)-December 22, 2008 - Universal Power Group, Inc. (NYSE Alternext US: UPG) today announced that it has entered into a licensing agreement with Eveready Battery Company, Inc., a division of Energizer Holdings, Inc. (NYSE: ENR), to develop a line of consumer products...
84 - Cruisecam International Inc. Retains Major Media and Public Relations Firm to Increase Awareness in Launching of New Revolutionary Product
SOUTH BEACH, Fla.-(Business Wire)-December 22, 2008 - Cruisecam International Inc. (www.cruisecam.com) (Pink Sheets:CCMC) today announced it has retained the public relations and broadcasting firm of Wyndam Media Group Inc., (www.wyndamgroup.com) as its media and advertising firm to increase the...
85 - Research and Markets: Demographics and Needs of Car Buyers in the United States Revealed
DUBLIN, Ireland-(Business Wire)-December 22, 2008 - Research and Markets Nissan North America, Inc. Saab Cars USA, Inc. Sony Corporation of America Subaru of America, Inc. Suzuki Motor Corporation Toyota Motor Corporation USA U.S. Bureau of Labor Statistics U.S. Bureau of the Census United Auto...
86 - Shock Doctor, Inc. Announces Partners in Motocross and Supercross
MINNEAPOLIS-(Business Wire)-December 22, 2008 - Shock Doctor, Inc. a global leader in superior sports protection, today announces its 2009 national sponsorships of motocross and supercross teams and events. Shock Doctor is an official sponsor of the 2009 Asterisk Mobile Medical Unit and Action...
87 - Green Earth Technologies Goes Global with a Worldwide Distribution Agreement with Techtronic Industries Company Ltd.
STAMFORD, Conn.-(Business Wire)-December 22, 2008 - Green Earth Technologies (Pink Sheets: GETG), a leading manufacturer and marketer of “green” environmentally safe consumer packaged goods products, announced today a five year worldwide distribution deal with Techtronic Industries Co. Ltd...
88 - Multimedia Features Enhance the Navigation Experience, but Also Represent Risks, Says ABI Research
LONDON-(Business Wire)-December 22, 2008 - Multimedia functionality such as audio and video playback, picture viewing, mobile TV and even digital cameras are being integrated by Personal Navigation Device (PND) and in-dash navigation vendors aiming to increase differentiation and maintain price...
89 - Raser Technologies to Begin Trading on the NYSE “Big Board”
PROVO, Utah-(Business Wire)-December 22, 2008 - Raser Technologies, Inc. (NYSE:RZ), a leader in geothermal power development, announced that it has qualified to be listed on the New York Stock Exchange and will begin trading on the NYSE today. Raser will continue to trade under its current ticker...
90 - Honda, FOX and MySpace Collaborate to Offer Two Student Musicians the Ultimate Hollywood Internship Experience
LOS ANGELES-(Business Wire)-December 22, 2008 - For the second year in a row, American Honda Motor Co., Inc. and Fox Entertainment Group (FEG) have partnered to offer a unique internship program designed to expose student-musicians from America’s Historically Black Colleges and Universities...
91 - Universal Tracking Solutions Receives Award from Phoenix Business Journal for Best Microcap Company for 2008
PHOENIX-(Business Wire)-December 19, 2008 - Universal Tracking Solutions (OTCBB:UTRK) was chosen as the best place to work among the 40 applicants by the Phoenix Business Journal last week. Please click on this link to read the full article...
92 - GM Selects Alcoa Forged Aluminum Wheels for Chevy Volt
CLEVELAND-(Business Wire)-December 19, 2008 - Alcoa Automotive Wheels, a division of Alcoa Wheel and Transportation Products, announced today that it has been awarded the wheel program for the Chevy Volt extended-range electric vehicle. “Alcoa is pleased to supply forged aluminum wheels for the...
93 - Worthington Industries Sells Share of Aegis Metal Framing Joint Venture
COLUMBUS, Ohio-(Business Wire)-December 19, 2008 - Worthington Industries, Inc. (NYSE: WOR) announced today that its subsidiary, Dietrich Metal Framing, has signed an agreement to sell its share of Aegis Metal Framing for approximately $25 million to its partner, MiTek Industries, Inc. The joint...
94 - Edmunds.com Forecasts December Auto Sales: SUV and Truck Sales to Outpace Cars for First Time Since February
SANTA MONICA, Calif.-(Business Wire)-December 19, 2008 - This month's new vehicle sales (including fleet sales) are expected to be 852,000 units, a 38.4 percent decrease from December 2007 but a 14.6 percent increase from November 2008, according to Edmunds.com, the premier online resource for...
95 - CarMax Reports Third Quarter Results
RICHMOND, Va.-(Business Wire)-December 19, 2008 - CarMax, Inc. (NYSE:KMX) today reported results for the third quarter ended November 30, 2008. Total sales decreased 23% to $1.46 billion from $1.89 billion in the third quarter of last year. Comparable store used unit sales declined 24% for the...
96 - Examine the World Anti-Lock Braking Systems Market
NEW YORK-(Business Wire)-December 19, 2008 - Reportlinker.com announces that a new market research report related to the Car Parts and supply industry is available in its catalogue. World Anti-Lock Braking Systems Market...
97 - Get a Deep Insight into the World Vehicle Body and Trailer Market
NEW YORK-(Business Wire)-December 19, 2008 - Reportlinker.com announces that a new market research report related to the Car Parts and supply industry is available in its catalogue. World Vehicle Body and Trailer Market...
98 - Haldex: Deterioration in Market Conditions Requires Revision of Sales and Profit Outlook
STOCKHOLM, Sweden-(Business Wire)-December 19, 2008 - Regulatory News: Due to the rapid decline in market conditions since mid-November, Haldex (STO:HLDX) will not achieve its earlier communicated targets for sales and operating profit* for 2008. Haldex’s interim report, published on October 24...
99 - BIO Congratulates Obama Administration Cabinet Nominees for Energy and Interior
WASHINGTON-(Business Wire)-December 18, 2008 - The incoming Obama administration has nominated cabinet members who have shown commitment to developing alternative energy, including advanced biofuels. The Biotechnology Industry Organization (BIO) today applauded the nominations of Sen. Ken Salazar...
100 - PHH Corporation Announces Amendments to Chesapeake Funding Program
MT. LAUREL, N.J.-(Business Wire)-December 18, 2008 - PHH Corporation (NYSE: PHH) today announced that it agreed with its lenders in the Chesapeake Funding LLC (“Chesapeake”) program to extend the scheduled expiry date of the Series 2006-2 notes through February 26, 2009, which is the scheduled...
101 - Balqon Corporation Installs AeroVironment’s PosiCharge™ Fast Charge System at Port of Los Angeles to Power Electric Trucks
MONROVIA, Calif.-(Business Wire)-December 18, 2008 - AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that Balqon Corporation (OTC:BLQN), a developer of heavy duty electric trucks, tractors and electric drive systems, has purchased a new high voltage version of AV’s PosiCharge™ fast charge...
102 - TomTom Announces Online Route Planner Featuring Exclusive Map Share™ and IQ Routes™ Technologies
CONCORD, Mass.-(Business Wire)-December 18, 2008 - TomTom, the world’s leading navigation solutions provider today announces the introduction of the TomTom Route Planner, a free Web-based routing application available at http://routes.tomtom.com. TomTom’s online Route Planner, which is currently...
103 - Flexpoint Targets Additional Markets
DRAPER, Utah-(Business Wire)-December 18, 2008 - Flexpoint Sensor Systems, Inc.'s (OTCBB: FLXT) newly announced relationship with Auto Electronic Corporation (AEC) will provide an opportunity for the company to take advantage of the emerging automotive markets of China and India. The signing of a...
104 - Edmunds.com Suggests Holiday Gifts for Drivers with iPods
SANTA MONICA, Calif.-(Business Wire)-December 18, 2008 - Do you have an iPod, iPhone or other MP3 player? How about someone on your holiday shopping list? Edmunds.com, the premier online resource for automotive information, is now an invaluable resource for automotive MP3 player connectivity...
105 - Worthington Reports Second Quarter Results
COLUMBUS, Ohio-(Business Wire)-December 18, 2008 - Worthington Industries, Inc. (NYSE: WOR) today reported results for the three- and six-month periods ended November 30, 2008. (U.S. dollars in millions, except per share data) 2Q2009 1Q2009 2Q2008 6M2009 6M2008 Net sales $ 745.4...
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