Sonic Automotive, Inc. Extends 10-K Filing Date
Mar 16, 2009
CHARLOTTE, N.C., March 16 -- Sonic Automotive, Inc. , today announced that it has filed a Form 12b-25 with the Securities Exchange Commission to extend the filing date of its 2008 Annual Report on Form 10-K to March 31, 2009. The reasons for the extension of the filing date are set forth in the Form 12b-25. The Company ... Continue reading
Dana Holding Corporation Reports 2008 Results
Mar 16, 2009
TOLEDO, Ohio, March 16 -- Dana Holding Corporation today announced its full-year and fourth-quarter 2008 results. (Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) Sales for the full-year 2008 were $8,095 million, down $626 million from $8,721 million in 2007. This decrease was driven primarily by sharply decl ... Continue reading
Asbury Automotive Group Reports Fourth Quarter and Full Year 2008 Financial Results
Mar 16, 2009
DULUTH, Ga., March 16 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today reported financial results for the fourth quarter and year ended December 31, 2008. The Company's loss from continuing operations for the fourth quarter of $353.5 million, or $11.15 per ... Continue reading
Grant Thornton LLP Predicts a Collapse of Automotive Supply Chain
Mar 13, 2009
- Supply Base Needs to be Reduced by 500 Tier One Suppliers - Government, Automakers, Suppliers and Lenders Need to Sit at Same Table - Firm Calls for Bankruptcy Code Revisions and Anti-Trust Provisions to Allow Collaboration DETROIT, March 13 -- The economic impact of a General Motors or Chrysler bankruptcy is being d ... Continue reading
Harbin Electric Announces Fourth Quarter and 2008 Annual Results
Mar 13, 2009
Annual Net Income up Fifty Percent on Eighty-Five Percent Rise in Sales Fiscal Year 2008 Financial Highlights -- Total revenues were $120.8 million, up 84.7% from $65.4 million in 2007 -- Net income was $25.4 million, up 50.2% from $16.9 million in 2007 -- Cash and cash equivalents were $48.4 million up from $45.5 mill ... Continue reading
Goodyear Recognized on Fortune's Global Most Admired List
Mar 13, 2009
AKRON, Ohio, March 13 -- The Goodyear Tire & Rubber Company has once again been recognized as one of the most admired companies in the world by Fortune magazine. (Logo: http://www.newscom.com/cgi-bin/prnh/20050204/GTLOGO ) Among companies in Fortune's World's Most Admired Companies' Motor Vehicle Parts category, Goodye ... Continue reading
Quantum Technologies Reports Fiscal 2009 Third Quarter Financial Results
Mar 12, 2009
IRVINE, Calif., March 12 -- Quantum Fuel Systems Technologies Worldwide, Inc. , a leader in the development and production of advanced propulsion systems, energy storage technologies, and alternative fuel vehicles and applications including hybrid, plug-in hybrid, hydrogen, and alternative fuel vehicles, today reported ... Continue reading
Continental Introduces Its First Turbocharger for Gasoline Engines
Mar 12, 2009
First major contract for a European vehicle platform with US potential mid-term: turbocharger production to start in 2011 AUBURN HILLS, Mich., March 12 -- Continental, the international automotive supplier, is expanding its product portfolio: after just three years of development work, the Powertrain Division's first t ... Continue reading
Manitex International, Inc. Reports Fourth Quarter and Full Year 2008 Results
Mar 11, 2009
$27.8 Million in Revenues and $0.02 in Diluted EPS in Fourth Quarter $106 Million in revenues and $0.17 in Diluted EPS for the full year BRIDGEVIEW, Ill., March 11 -- Manitex International, Inc. , a leading provider of engineered lifting solutions including boom truck cranes, rough terrain forklifts and special mission ... Continue reading
PPG Helps Penske Racing Go Green With Envirobaser High Performance Coatings
Mar 8, 2009
FOR IMMEDIATE RELEASE: PPG HELPS PENSKE RACING "GO GREEN" WITH ENVIROBASE(r) HIGH PERFORMANCE COATINGS STRONGSVILLE, Ohio - March 8, 2009 - PPG Automotive Refinish announced today they are assisting Penske Racing in converting their state-of-the-art, racecar painting facility in Mooresville, North Carolina to the envir ... Continue reading
Mar 6, 2009
HARBIN, China, March 6 /PRNewswire-Asia-FirstCall/ -- Harbin Electric, Inc., ("Harbin Electric" or the "Company") , a leading Chinese developer and manufacturer of a wide array of electric motors, today announced that it will host a conference call to discuss the fourth quarter and fiscal year 2008 financial results at ... Continue reading
Standard Motor Products, Inc. Announces Fourth Quarter 2008 Results
Mar 6, 2009
NEW YORK, March 6 -- Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, reported today its consolidated financial results for the three months and for the year ended December 31, 2008. Consolidated net sales for the fourth quarter of 2008 were $148.9 million, compared to conso ... Continue reading
Standard Motor Products, Inc. Announces Fourth Quarter 2008 Earnings Conference Call
Mar 5, 2009
NEW YORK, March 5 -- Standard Motor Products, Inc. , an automotive replacement parts manufacturer and distributor, is scheduled to report its earnings for the three months and for the year ended December 31, 2008 on Friday, March 6, 2009 before the opening of the stock market. Standard Motor Products, Inc. will hold a ... Continue reading
BorgWarner's R2S Turbocharger Boosts Power 20%
Mar 3, 2009
BorgWarner's Turbo Technology Helps New Diesel Passenger Car Engine Meet Euro 5 Standards AUBURN HILLS, Mich., March 3 -- BorgWarner's regulated two-stage (R2S(R)) turbocharging system boosts power 20% while improving fuel economy and reducing CO2 emissions 13% for the new four-cylinder diesel engine from Mercedes-Benz ... Continue reading
Superchips Releases All New Flashpaq
Mar 2, 2009
Sanford, FL., March 2, 2009: When Superchips introduced the original Flashpaq, electronic vehicle tuning technology took a revolutionary leap forward. Flashpaq dominated the competition by offering outstanding vehicle performance with user-adjustable tuning features. By combining powertrain programming, data acquisitio ... Continue reading
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