Mar 2, 2009
DULUTH, Ga., March 2 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today announced that it will release its fourth quarter and 2008 financial results before the market opens on March 16, 2009. Charles R. Oglesby, President and CEO, and Craig T. Monaghan, Seni ... Continue reading
Cummins Revises 2008 Operating Results to Reflect Increased Warranty Liability
Feb 25, 2009
COLUMBUS, Ind.--Cummins Inc. announced today that it has revised its fourth quarter and full year 2008 operating results to reflect a higher warranty liability than previously reported. As a result of the change, the Companyâs Earnings Before Interest and Taxes (EBIT) for the fourth quarter decreased by $73 millio ... Continue reading
Cooper Tire & Rubber Company Declares 148th Consecutive Quarterly Dividend
Feb 24, 2009
FINDLAY, Ohio, Feb. 24 -- Cooper Tire & Rubber Company today announced a quarterly dividend of 10.5 cents per share on common stock, payable March 31, 2009, to stockholders of record at the close of business March 9, 2009. This will mark the 148th consecutive quarterly dividend paid by Cooper Tire & Rubber Company. (Lo ... Continue reading
Dana Holding Corporation Reschedules 2008 Earnings Announcement and Conference Call for March 16
Feb 23, 2009
TOLEDO, Ohio, Feb. 23 -- Dana Holding Corporation announced today that it is rescheduling its 2008 earnings announcement to coincide with the filing of its 2008 Form 10-K, which is anticipated to occur on March 16, 2009. (Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) While company practice has been for Dana ... Continue reading
New Goodyear Wrangler MT/R with Kevlar Tackles Off-Road Challenges
Feb 20, 2009
AKRON, Ohio, Feb. 20 -- When it comes to developing a tire that can take on tough terrain, such as exploring trails or crawling rocks, engineers at The Goodyear Tire & Rubber Company left no stone unturned. The new Goodyear Wrangler MT/R with Kevlar is the company's first off-road tire built with the rugged toughness o ... Continue reading
Stoneridge Reschedules Fourth-Quarter 2008 Earnings Announcement and Conference Call to February 25
Feb 11, 2009
WARREN, Ohio, Feb. 11 -- Stoneridge, Inc. today announced that it is rescheduling its fourth-quarter 2008 earnings release and conference call from February 12, 2009 to February 25, 2009, to allow time to complete an analysis of asset impairment including goodwill. The Company is also reaffirming its full-year earnings ... Continue reading
Cummins Inc. Declares Quarterly Common Stock Dividend
Feb 10, 2009
COLUMBUS, Ind.--The Board of Directors of Cummins Inc. today declared a quarterly common stock cash dividend of 17.5 cents per share, payable March 2, 2009 to shareholders of record on Feb. 20, 2009. About Cummins Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufac ... Continue reading
China Automotive Systems Sold 1.3 Million Power Steering Units in 2008
Feb 9, 2009
WUHAN, China, Feb. 9 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. , a leading power steering components and systems supplier in China, today announced that for the year 2008, the Company sold approximately 1.3 million systems and components compared with 1.1 million in 2007. This increase in units sold ... Continue reading
Vehicle Suppliers Association, MEMA / OESA, Engages Ducker Worldwide as Advisor
Feb 8, 2009
TROY, Mich., Feb. 8 -- As a result of the ongoing credit crisis and resulting reductions in automobile production, the Motor & Equipment Manufacturers Association (MEMA) and Original Equipment Suppliers Association (OESA) are exploring options to address the immediate cash needs and longer term viability of the motor v ... Continue reading
Jiangsu '08 Auto Parts Export Value Rises 16%
Feb 6, 2009
Jiangsu '08 auto parts export value rises 16% http://www.gasgoo.com/auto-news/1009263/Jiangsu-08-auto-parts-export-va lue-r ises-16.html Shanghai, February 6 (Gasgoo.com) Jiangsu province of east China exported $680 million worth of auto parts in 2008, up 15.8% from a year earlier, according to data released today by C ... Continue reading
Tenneco Reports Fourth Quarter and Full-Year 2008 Results
Feb 5, 2009
LAKE FOREST, Ill.--Tenneco Inc. : Revenue and EBIT declines reflect a rapid deterioration in global industry conditions in the fourth quarter Fourth quarter loss includes $215 million in non-cash impairment charges for goodwill and deferred tax assets Company benefiting from cost reduction and cash preservation actions ... Continue reading
Powerful and Lightweight: The Carlsson Sport Wheel Design 1/14 RS
Feb 4, 2009
Miami, FL February 3, 2009: GGI European Tuning, the exclusive North American importer of the Carlsson brand individualization program for Mercedes-Benz automobiles, offers a new Carlsson cast wheel, the one-piece 1/14 RS. This 14-spoke aluminum wheel design has been coated with a highly modern black finish to show off ... Continue reading
ArvinMeritor Reports First-Quarter Fiscal Year 2009 Results
Feb 4, 2009
TROY, Mich., Feb. 4 -- ArvinMeritor, Inc. today reported financial results for its first fiscal quarter ended Dec. 28, 2008. First-Quarter Highlights -- Sales from continuing operations of $1.4 billion, down $293 million, or 18 percent, from the same period last year (down 11 percent on a constant currency basis). -- O ... Continue reading
EU Slaps Anti-dumping Duty On China Fastener
Feb 4, 2009
EU slaps anti-dumping duty on China fastener http://www.gasgoo.com/auto-news/1009241/EU-slaps-anti-dumping-duty-on-C hina- fastener.html Shanghai, February 4 (Gasgoo.com) The European Union has finally decided to slap anti-dumping duties of 26.5% to 85% on China-made fasteners over the next five years, which has arouse ... Continue reading
ArvinMeritor Delivers Hybrid Diesel-Electric Class 8 Truck to Key Partner
Feb 3, 2009
- Designed to meet current Class 8 linehaul requirements for payload capacity, performance, and durability - Dual mode hybrid drivetrain allows extended operation in battery-only zero-emission mode, eliminates idling - Propelled by an electric motor under 48 mph, transitioning to diesel power at highway speeds TROY, Mi ... Continue reading
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