BorgWarner Declares Quarterly Dividend
Oct 23, 2008
AUBURN HILLS, Mich., Oct. 23 -- The board of directors of BorgWarner Inc. declared a quarterly dividend of $0.11 per share on all of the company's issued and outstanding common stock. The dividend is payable November 17, 2008 to stockholders of record on November 03, 2008. Auburn Hills, Michigan-based BorgWarner Inc. i ... Continue reading
Oct 23, 2008
HONG KONG, Oct. 23 /Xinhua-PRNewswire-FirstCall/ -- BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) (Stock Code: 1114) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a special general meeting of Brilliance China Automotive Holdings Limited (the "Company") wil ... Continue reading
Spartan Motors Highlights Third Quarter Results
Oct 23, 2008
CHARLOTTE, Mich., Oct. 23 -- -- Net sales of $237.5 million, up 59.5% compared to third quarter 2007 -- Net earnings of $0.45 per diluted share, up 462.5% year-over-year -- Return on invested capital of 35.3%, up 315.3% year-over-year -- Gross margin of 18.1%, up 53.4% year-over-year -- Consolidated backlog of $183.8 m ... Continue reading
Spartan Motors Announces Second Regular Cash Dividend Payment for 2008
Oct 23, 2008
CHARLOTTE, Mich., Oct. 23 -- Spartan Motors, Inc. today announced its regular dividend payment of $0.05 per common share, payable on Dec. 17, 2008 to shareholders of record at the close of business on Nov. 17, 2008. In April 2008, the board of directors for the Charlotte, Mich.-based manufacturer of custom chassis and ... Continue reading
WABCO Announces Joint Venture With Fuwa for Manufacturing of Air Disc Brakes in China
Oct 23, 2008
BRUSSELS, Belgium, October 23 -- WABCO Holdings Inc. (http://www.wabco-auto.com/) , a global technology leader and tier-one supplier to the commercial vehicle industry, today announced that WABCO has signed a letter of intent with GuangDong Fuwa Engineering Manufacturing Co., Ltd., (Fuwa) to form a joint venture for pr ... Continue reading
Johnson Controls Reports Record 2008 Results
Oct 23, 2008
MILWAUKEE, Oct. 23 -- Johnson Controls, Inc. today reported record sales of $38.1 billion for its 2008 fiscal year, up 10% from $34.6 billion in 2007, reflecting growth in the company's Building Efficiency, Power Solutions and Automotive Experience businesses. (Logo: http://www.newscom.com/cgi-bin/prnh/20070930/AQSU001 ... Continue reading
Chrysler LLC Clarifies Daimler AG's Third Quarter 2008 Earnings
Oct 23, 2008
AUBURN HILLS, Mich., Oct. 23 -- Today, Daimler AG reported a net loss of euro 351 million for its 19.9 percent share of Chrysler Holding LLC's second quarter 2008 results under International Financial Reporting Standards (IFRS). On a U.S. GAAP basis, Daimler AG's net loss for Chrysler Holding LLC was euro 88 million, o ... Continue reading
Daimler Achieves EBIT of Euro 648 Million in Third Quarter of 2008
Oct 23, 2008
-- EBIT includes charges from special factors totaling euro 765 million -- Net profit of euro 213 million (Q3 2007: net loss of euro 1,533 million) -- Unit sales down by 3% to 522,500 cars and commercial vehicles -- Revenue down by 7% to euro 23.8 billion, adjusted for exchange-rate effects and changes in the consolida ... Continue reading
Dongfeng Honda to launch new B-class car in 2009
Oct 23, 2008
Dongfeng Honda to launch new B-class car in 2009 http://www.gasgoo.com/auto-news/1008134/Dongfeng-Honda-to-launch-new-B- class -car-in-2009.html Shanghai, October 23 (Gasgoo.com) Dongfeng Honda officially confirmed that it will roll out a B-class car based on the Acura platform by the second half of 2009, Beijing Times ... Continue reading
Industry opposes limit on car license plates
Oct 23, 2008
Industry opposes limit on car license plates http://www.gasgoo.com/auto-news/1008135/Industry-opposes-limit-on-car-l icens e-plates.html Shanghai, October 23 (Gasgoo.com) The measure to limit the number of vehicle license plates to 100,000 or so would cripple the car industry, the 21st Century Business Herald industry ... Continue reading
FAW-Toyota, Changan Ford cut '08 sales target
Oct 23, 2008
FAW-Toyota, Changan Ford cut '08 sales target http://www.gasgoo.com/auto-news/1008137/FAW-Toyota-Changan-Ford-cut-08- sales -target.html Shanghai, October 23 (Gasgoo.com) FAW-Toyota, Changan Ford and some automakers in China has cut their sales target for 2008 due to auto market slowdown, Beijing Times said today, citi ... Continue reading
Advance Auto Parts to Report Third Quarter Results on October 29, 2008
Oct 23, 2008
ROANOKE, Va.--Advance Auto Parts, Inc. , a leading automotive aftermarket retailer of parts, batteries, accessories and maintenance items, will report its third quarter 2008 financial results after market close on Wednesday, October 29, 2008. The company will detail its results on a conference call scheduled to begin a ... Continue reading
Oct 23, 2008
TROY, Mich., Oct. 22 -- ArvinMeritor, Inc. will host a conference call and Web cast to discuss the company's fourth-quarter and full-year results for fiscal year 2008 on Tuesday, Nov. 18, 2008, at 9 a.m. (ET). To participate, call (888) 680-0890 ten minutes prior to the start of the call. Please reference participant P ... Continue reading
Parker Declares Quarterly Cash Dividend
Oct 23, 2008
CLEVELAND, Oct. 22 -- Parker Hannifin Corporation , the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of 25 cents per share of common stock to shareholders of record as of November 20, 2008. The dividend is payable December 5 ... Continue reading
Commercial Vehicle Group Reports Third Quarter 2008 Results
Oct 23, 2008
NEW ALBANY, Ohio, Oct. 22 -- Commercial Vehicle Group, Inc. today reported revenues of $192.9 million for the third quarter ended September 30, 2008, compared to revenues of $160.9 million for the third quarter of 2007. Operating income for the third quarter was $0.5 million compared to $2.8 million for the third quart ... Continue reading
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