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Automotive Industry News
Last update: 250 days, 12 hours ago
 
Penske Automotive Q1 income up 17%
30 Apr 08, 22:23 ET
By Staff Writer The related earnings per share were $0.36 in the first quarter of 2008, which compares to $0.31 per share in the same period of 2007. ...
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Sonic Automotive Q1 earnings down
30 Apr 08, 22:21 ET
By Staff Writer The total revenue for the first quarter of 2008 increased 1% to $1.9 million from $1.88 million in the first quarter of 2007 primarily from ...
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NHTSA makes changes to automotive VINs
30 Apr 08, 22:05 ET
Washington, DC – The National Highway Safety Administration (NHTSA) has announced a new ruling that will amend the Vehicle Information Number (VIN) ...
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Automotive Q&A: How stability control systems work
30 Apr 08, 22:01 ET
Q. I'm looking at new cars and am intrigued by this option: Dynamic Stability Control. I've heard it improves traction as well as keeps you from spinning ...
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Asbury Automotive names CFO
30 Apr 08, 21:41 ET
Asbury Automotive Group has announced that Craig Monaghan has been named incoming senior vice president and CFO, replacing Gordon Smith, effective May 9, 2008.
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Bumperdoc Automotive Reconditioning Franchises Switch To Water ...
30 Apr 08, 21:05 ET
May 01, 2008 // Franchising.com // BumperDoc Franchise opportunities continue to lead the industry by being the first auto reconditioning center to switch ...
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Çağlayan: Automotive giant set to invest 800 mln euros in Turkey
30 Apr 08, 19:25 ET
Minister of Industry and Commerce Zafer Çağlayan has said one of the world's automotive giants is planning to invest 800 million euros in Turkey and create ...
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Gunn Automotive agrees to sell Dodge dealership
30 Apr 08, 18:09 ET
Gunn Automotive officials said Wednesday that they are selling their Gunn Dodge dealership to Lone Star Chrysler/Jeep. Financial terms were not disclosed. ...
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Fat People Have Bigger Carbon Footprints
30 Apr 08, 17:55 ET
LiveScience.com - You can toss your empty soda cans in the recycle bin instead of the garbage, saving energy and reducing landfill. Or you can wear hemp clothes and drive a hybrid car plastered with bumper stickers requesting the salvation of everything from owls to dust mites.
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Institute formed at McMaster to advance automotive research
30 Apr 08, 17:24 ET
A new research institute has been established at McMaster University to coordinate its increasing involvement in the automotive sector. ...
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GM loses $3.3 billion in 1Q, lowers sales outlook
30 Apr 08, 17:12 ET
AP - Bowing to grim reality, General Motors Corp. followed Ford's lead and cut its U.S. sales forecast Wednesday after a tough first quarter that saw a $3.3 billion loss.
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Energy futures drop on unexpected jump in crude supplies
30 Apr 08, 17:10 ET
AP - Oil prices fell sharply Wednesday after the government reported U.S. fuel supplies rose more than expected last week and the Federal Reserve cut interest rates but gave no clues about further reductions.
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GM posts 3.3 bln dollar loss amid weak US market
30 Apr 08, 17:09 ET
AFP - General Motors reported Wednesday a first-quarter loss of 3.3 billion dollars, citing weakness in the domestic auto industry and special charges.
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TI Automotive to Expand Operations in Slovakia
30 Apr 08, 16:53 ET
TI Automotive, a supplier of fluid storage, transfer and delivery systems, is planning to expand its operations in Slovakia, to support increased product ...
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Garnet Capital Holdings Inc. saved $94500 on Dollar Thrifty ...
30 Apr 08, 16:00 ET
Note: All amounts are based on price of stock at date reported versus the current price! The do not represent actual profit/loss! ...
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Concorso d'Eleganza showcases automotive beauty and history
30 Apr 08, 14:54 ET
By Auto123.com, Some of the world's rarest and most beautiful collector cars are showcased at the Concorso d'Eleganza- and this years award winners have ...
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SABIC Innovative Plastics Chrome Plating Materials for Automotive OEMs
30 Apr 08, 14:43 ET
SABIC Innovative Plastics introduces its latest portfolio of breakthrough materials that have been optimized for chrome plating for Automotive OEMs. ...
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Sector Glance-Automotive
30 Apr 08, 14:39 ET
Shares of automotive companies rallied, along with the broader market, after the Federal Reserve cut a key interest rate by a quarter-point.
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Devine, Stout join Goodman Automotive
30 Apr 08, 14:36 ET
Most jobs require you to be able to pass drug screen, criminal background check and have high school diploma or GED. All...>MORE needed for dairy supply ...
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Atlas RFID Solutions Automotive Retail Technology Solution
30 Apr 08, 14:00 ET
Next to your customers, your vehicle inventory is your single most valuable asset. With millions of dollars at stake, how valuable would it be to have ...
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GM posts $3 billion loss
30 Apr 08, 13:26 ET
Reuters - General Motors Corp posted a narrower-than-expected quarterly loss on Wednesday as sales gains in Asia and Latin America overshadowed a slump in the U.S. market, sending its shares up 13 percent.
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Cooper-Standard Automotive Announces Date for Teleconference to Discuss 2008 1st Quarter Results
30 Apr 08, 13:19 ET
NOVI, Mich., April 30 -- Cooper-Standard Automotive will hold a conference call with investors on Wednesday, May 14, 2008, at 9:00 a.m. EDT to discuss its 2008 first quarter results, provide a general business update, and respond to investor questions.
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ELCO Chevrolet acquires Moore Automotive Cadillac franchise
30 Apr 08, 12:58 ET
ELCO Chevrolet has purchased Moore Automotive Group's Cadillac franchise for an undisclosed amount from General Motors and is planning on building a new ...
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Cooper-Standard Automotive Announces Date for Teleconference to ...
30 Apr 08, 12:30 ET
NOVI, Mich., April 30 /PRNewswire/ -- Cooper-Standard Automotive will hold a conference call with investors on Wednesday, May 14, 2008, at 9:00 am EDT to ...
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Automotive vision system recognizes road signs: Part 1 - Basic ...
30 Apr 08, 12:15 ET
By Thorsten Lorenzen, Analog Devices The demand for camera-based driver assistance systems in the automobile industry continues to grow. ...
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Freescale extends 8bit MCU offering for industrial, automotive
30 Apr 08, 12:11 ET
Freescale Semiconductor Inc. addresses the need for highly integrated, high-performance MCUs for the industrial and automotive markets with the addition of ...
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Automotive memory products withstand extreme heat
30 Apr 08, 12:11 ET
Micron Technology Inc. has announced that it is extending its line of automotive memory products to reach an extended temperature range of -40°C to 105°C, ...
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PVA Urges Automotive Vendors To Speed Up Mergers To Penetrate ...
30 Apr 08, 11:57 ET
By Tengku Shamsiah Tengku Abdullah PUTRAJAYA, April 30 (Bernama) -- Automotive vendors have been urged to speed up their merger process to enable them to ...
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McPherson College Automotive Restoration Students Host 9th Annual ...
30 Apr 08, 11:43 ET
On a typical day at McPherson College, one finds the automotive restoration students hard at work reviving antique cars. This Saturday, however, those same ...
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Bank Of America Corp saved $-3407623 on Trw Automotive Hldgs Corp ...
30 Apr 08, 10:37 ET
Note: All amounts are based on price of stock at date reported versus the current price! The do not represent actual profit/loss! ...
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Automotive Portfolio saved $120694 on General Motors Corp (GBM)
30 Apr 08, 10:34 ET
Note: All amounts are based on price of stock at date reported versus the current price! The do not represent actual profit/loss! ...
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PVA URGES AUTOMOTIVE VENDORS TO SPEED UP MERGERS TO PENETRATE OVERSEAS MARKET
30 Apr 08, 10:01 ET
PUTRAJAYA, April 30 (Bernama) -- Automotive vendors have been urged to speed up their merger process to enable them to compete and tap the international markets.
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UPDATE 1-Group 1 Automotive earnings slip
30 Apr 08, 10:00 ET
NEW YORK, April 29 (Reuters) - Group 1 Automotive Inc (GPI.N: Quote, Profile, Research) said on Tuesday earnings fell 6.1 percent as new vehicle sales ...
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Sonic Automotive quarterly earnings fall
30 Apr 08, 10:00 ET
DETROIT, April 29 (Reuters) - Car dealer Sonic Automotive Inc (SAH.N: Quote, Profile, Research) posted a decline in quarterly earnings on Tuesday due to ...
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US: TRW Automotive posts net profit in Q1
30 Apr 08, 09:54 ET
By David Isaiah TRW Automotive has posted net income of US$94m in the first quarter of fiscal year 2008, ended 28 March 2008, compared with a loss of US$86m ...
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The (Automotive) Bucket List
30 Apr 08, 09:33 ET
Let's say Grammy just clocked out, and left you $250000. After taxes. A quarter of a million bucks is about to be yours, with one stipulation: you must ...
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Toyota to invest 100 mln dlrs in jet project
30 Apr 08, 09:20 ET
AFP - Japan's top carmaker Toyota said Wednesday it would invest up to 10 billion yen (96 million dollars) in a project to develop and market the country's first ever passenger jet.
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Micron extends temperature range of automotive memory products
30 Apr 08, 09:12 ET
Micron Technology, Inc. is extending its line of automotive memory product for electronics applicatons to reach an extended temperature range of -40 degrees ...
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Freescale and Chery to collaborate on automotive electronics
30 Apr 08, 09:12 ET
The Chinese carmaker Chery Automobile Co., Ltd., and Freescale Semiconductor have announced plans to establish a joint automotive lab aimed at co-developing ...
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“Automotive sector will lead the green tech revolution” – Ricardo ...
30 Apr 08, 09:12 ET
Speaking this week at the Cleantech Forum XVII in Brussels, Giles Hundleby, the engineering consultancy Ricardo’s UK project director for clean energy, ...
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TRW Automotive Advances On Q1 Profit [TRW]
30 Apr 08, 08:37 ET
4/30/2008 8:32:28 AM TRW Automotive (TRW) rose in pre-market trading, up about 9 percent. The climb came after the company reported a first-quarter profit. ...
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Kongsberg Automotive Holding ASA - 1st Quarter 2008
30 Apr 08, 08:04 ET
Kongsberg, Norway, Apr 30, 2008 - (ABN Newswire) - Revenue growth of 150% As a consequence of the acquisition of GMS Kongsberg Automotive increased its ...
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GM posts quarterly loss on strike, charges
30 Apr 08, 07:59 ET
Reuters - General Motors Corp on Wednesday posted a first-quarter loss due to a costly supplier strike, waning demand for its most profitable vehicles and charges related to struggling former subsidiaries.
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“Automotive sector will lead the green tech revolution” – Ricardo ... - EEMS
30 Apr 08, 07:47 ET
Speaking this week at the Cleantech Forum XVII in Brussels, Giles Hundleby, the engineering consultancy Ricardo’s UK project director for clean energy, ...
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TRW Automotive 1Q EPS, revenue top expectations; 2008 outlook ...
30 Apr 08, 07:44 ET
NEW YORK (Thomson Financial) - TRW Automotive Holdings Corp. reported Wednesday first-quarter net earnings of $94 million, or 92 cents a share, ...
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TRW Automotive 1Q EPS, revenue top expectations; 2008 outlook above forecasts
30 Apr 08, 07:24 ET
NEW YORK (Thomson Financial) - TRW Automotive Holdings Corp. reported Wednesday first-quarter net earnings of $94 million, or 92 cents a share, vs. a loss of $86 million, or 87 cents a share, in the same period a year ago.
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TRW Automotive posts quarterly profit
30 Apr 08, 07:20 ET
DETROIT, April 29 (Reuters) - TRW Automotive Holdings Corp (TRW.N: Quote, Profile, Research) posted a quarterly profit on Wednesday as robust sales of auto ...
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Management award winner turns around automotive giant in just 12 ...
30 Apr 08, 06:46 ET
Quest Worldwide wins Platinum Award at MCA Management Awards in association with Management Today for its work for the TMD Friction Group. ...
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Automotive : Motorcycle Rims Can Add Glamour To A Bike
30 Apr 08, 06:29 ET
(SkyNewswire.com)--Motorcycle rims are like a pair of sunglasses; they can add glamour and change the way your bike looks. But you should not limit the ...
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Russian automotive market is booming
30 Apr 08, 06:23 ET
The expansion of the Russian automotive market is offering opportunities for UK manufacturers and dealers, a Birmingham expert has said. ...
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Freescale, Chery Team Up to Develop Automotive Electronics ...
30 Apr 08, 06:18 ET
Freescale Semiconductor and Chery Automobile Co Ltd have announced plans to establish a joint automotive lab aimed at co-developing silicon, software and ...
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Hilton Head Concours & Motoring Festival 2007 An Automotive Circus ...
30 Apr 08, 05:47 ET
By Harvey Geiger Like a circus – the Hilton Head Concours d’Elegance and Motoring Festival has many main events, sideshows and surprises. ...
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Automotive : Popular market of Texas Bragg trailers
30 Apr 08, 05:24 ET
(Prudent Press Agency)-- While you are planning to purchase a trailer, always consider the requirement of the specific size of the trailer. ...
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Automotive : Popular market of trailers industry
30 Apr 08, 05:24 ET
(Prudent Press Agency)-- As an industry, the manufacture of trailers dates back only half a dozen years, but it has grown rapidly until today there are ...
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Automotive : Trailers—Need of Transport Industry
30 Apr 08, 05:11 ET
(Prudent Press Agency)-- If you a vehicle owner or in any way related to the transport industry, then you must be familiar with the term of trailers and ...
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Automotive top 10 rich list
30 Apr 08, 05:07 ET
Bob Edmiston, owner of Subaru, Isuzu and Daihatsu distributor IM Group, is the richest man in the automotive industry, worth £520 million. Edmiston came 152nd in the Sunday Times rich list which was published on April 27.
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Standardized Testing Technology for Higher Quality Automotive Software
30 Apr 08, 04:28 ET
Under the leadership of Fraunhofer FOKUS and with financial support from the Investitionsbank Berlin, the TEMEA project – Test Specification Technology and ...
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Preston Automotive Group Launches New Website, Prestonmotor.com
30 Apr 08, 03:51 ET
The Preston Automotive Group is proud to announce the launch of their all new corporate website designed to allow for the fastest and friendliest automotive ...
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Sonic Automotive profits slide
30 Apr 08, 03:06 ET
Sonic Automotive reported a 29 percent drop in first-quarter profits Tuesday but said its deal to buy Beck Imports -- initially blocked by Mercedes-Benz USA -- likely will go through by this summer. Weaker new car sales were a big reason for lower first-quarter profits, company officials said. The Charlotte-based auto retailer -- one of the Charlotte area's nine Fortune 500 companies -- reported ...
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Automotive Manufacturing Solutions - Looking East
30 Apr 08, 03:01 ET
The historic German city of Leipzig will play host to leading players from the international automotive manufacturing industry for the fourth Automotive Manufacturing Solutions Europe conference. Widely regarded as the industry's most important reference point for business strategies and technical issues, the event will be held at the Leipzig Marriott Hotel from the 7 - 8 May.
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AdAgencyOnline.Net Links Online Automotive Advertising with ...
30 Apr 08, 01:36 ET
Despite comments to the contrary, automotive advertising hasn't changed because of the Internet. Auto Dealers are certainly more demanding when it comes to ...
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AdAgencyOnline.Net's Affiliated Automotive Advertising Agencies ...
30 Apr 08, 01:36 ET
Times are tough and automotive advertising agencies are bearing the brunt of auto dealer's focus on cutting costs while maximizing ROI with dwindling ...
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Automotive cleaners will remove stain from kitchen countertop
30 Apr 08, 01:09 ET
Dear Glenn: I have a Formica kitchen counter, it's about 28-plus years old and has lost its shine and is stained. Is there a product I can use to remove the ...
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Automotive Will Lead The "Green Tech" Revolution
30 Apr 08, 01:04 ET
Brussels April 29, 2008; Speaking today at an executive round-table session of the Cleantech Forum XVII in Brussels, Giles Hundleby, Ricardo UK Ltd project director for clean energy, set out the case that the automotive industry is uniquely placed to deliver the cross-industry technologies and skills in design, engineering, development and testing, which could enable the rapid adoption of ...
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Penske Automotive Group Q1 2008 Earnings Call Transcript
30 Apr 08, 00:48 ET
Good afternoon ladies and gentlemen and welcome to the Penske Automotive Group first quarter 2008 earnings conference call. The call today is being recorded ...
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SGL: Automotive composites joint venture with Benteler
30 Apr 08, 00:41 ET
Carbon fibre specialist SGL (Wiesbaden / Germany; www.sglcarbon.com) and Benteler Automobiltechnik (Paderborn / Germany) have established a 50:50 joint ...
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Travelers and MAACO Partner to Provide Enhanced Consumer Finance ...
30 Apr 08, 00:33 ET
VANCOUVER and MILTON, ON, April 29 /CNW/ - Today Travelers Acceptance Corporation, an independent, national consumer finance company, and MAACO Systems ...
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Novelis to Increase Aluminum Sheet Capacity for Fast-Growing ...
30 Apr 08, 00:22 ET
ATLANTA, April 29 /CNW/ -- Novelis Inc., the global leader in aluminum rolling and can recycling, announced today that it will invest 11 million Euro ...
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Automotive : CarSmarts Magazine has Secret Atlanta Call Center for ...
30 Apr 08, 00:10 ET
(Prudent Press Agency)--Atlanta - After years of unbridled speculation about the reason for the stellar success of CarSmarts Magazine, Smart Media Solutions ...
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