Business Wire Automotive News

Champlain Cable Corporation develops UV (ultra violet light) resistant high-voltage (orange) XLPE cables for vehicle applications.

Wed, 16 May 2012 19:12:00 UT

COLCHESTER, Vt.--(BUSINESS WIRE)--Orange high-voltage XLPE cables used in the automotive industry have historically been unsuitable for exposure to direct sunlight. The need for UV resistant high-voltage power cables has been rapidly increasing in military, construction, mining and agricultural equipment where exposure to direct sunlight is common. Champlain Cable Corporation’s new EXAR 150FX-UV product solves this challenge. “We’re excited to have developed this feature. We see significant oppo

Golden State Collision Centers, Inc. to Provide Two Restored Vehicles to In-Need Families at Americana Benevolence Event

Wed, 16 May 2012 18:42:00 UT

YUBA CITY, Calif.--(BUSINESS WIRE)--Golden State Collision Centers and AAA Insurance to Donate Refurbished Vehicles to Northern California Families

2012 Minnesota Business Ethics Award Honors Three Companies

Wed, 16 May 2012 18:30:00 UT

MINNEAPOLIS--(BUSINESS WIRE)--Minnesota business and professional leaders gathered Wednesday, May 16, to honor three companies with the 2012 Minnesota Business Ethics Award (MBEA).

PPG to Present at Goldman Sachs Basic Materials Conference 2012

Wed, 16 May 2012 17:48:00 UT

PITTSBURGH--(BUSINESS WIRE)--PPG Industries (NYSE:PPG) Vice President of Investor Relations Vince Morales will present at the Goldman Sachs Basic Materials Conference 2012 in New York on Wednesday, May 23, at 1:10 p.m. ET. Morales will discuss PPG’s strategic initiatives and business and financial performance. The presentation will be available via webcast through the Investor Center section of PPG’s website, www.ppg.com. PPG: BRINGING INNOVATION TO THE SURFACE.(TM)PPG Industries' vision is to c

La Brea Bakery Keeps Rolling out the Dough… And Now Electric Delivery Trucks Too

Wed, 16 May 2012 17:14:00 UT

LOS ANGELES--(BUSINESS WIRE)--La Brea Bakery, the nation’s favorite artisan bread brand, announces four new electric trucks will be rolling out in Los Angeles to deliver the bakery’s fresh baked loaves, rolls and baguettes.

Great American Group® Schedules June Auction for Auto Manufacturing Equipment

Wed, 16 May 2012 17:00:00 UT

WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Auto manufacturing equipment previously used by Bedford, New Hampshire-based Flo-Pro is scheduled for auction by Great American Group on June 14.

aPriori bietet eine neue Version seiner Plattform für die Optimierung von Herstellkosten

Wed, 16 May 2012 15:32:00 UT

München, Deutschland--(BUSINESS WIRE)--aPriori, Anbieter von Lösungen für das Produktkostenmanagement, gab heute bekannt, dass nunmehr die neueste Version seiner Softwareplattform aPriori 2012r1 verfügbar ist.

Factory Installed Automotive Navigation Solutions to Surpass PND Shipments by 2015, Says ABI Research

Wed, 16 May 2012 15:28:00 UT

LONDON--(BUSINESS WIRE)--PND manufacturers are making the right moves as the in-car navigation market is forecast to rapidly diverge into smartphone-based applications and dedicated in-car solutions. The total in-car navigation market is set to grow with a CAGR of 25.9% over the next five years, representing a strong market with plenty of opportunity. Much of this growth is in the perpetually commoditizing smartphone application market, reaching over 395 million downloads by 2016. However, there

FedEx Closes in on Vehicle Fleet Fuel Efficiency Goal Years Ahead of Schedule

Wed, 16 May 2012 15:09:00 UT

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Express, a unit of FedEx Corp. (NYSE: FDX), has made significant progress towards its goal to make its vehicle fleet 20 percent more fuel efficient by 2020, announcing today that the FedEx Express vehicle fleet is now 16.6 percent more fuel efficient through FY2011 than it was in 2005. Twenty percent of the FedEx Express diesel vehicle pickup and delivery fleet has already been converted to more efficient and cleaner emission models that comply with 2010 U.

Institute for Supply Management™ (ISM) Selects New CEO

Wed, 16 May 2012 14:33:00 UT

TEMPE, Ariz.--(BUSINESS WIRE)--Institute for Supply Management (ISM) has selected Thomas W. Derry as its new CEO, beginning July 30, 2012. Derry will succeed Paul Novak, who has served as ISM's top executive since 1997.

Medallion Financial Corp. Announces Pricing of Public Offering of Common Stock

Wed, 16 May 2012 13:01:00 UT

NEW YORK--(BUSINESS WIRE)--MEDALLION FINANCIAL CORP. ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCK

Carbon Motors Announces General Jim Jones (USMC-Ret) to Serve on Advisory Board

Wed, 16 May 2012 13:00:00 UT

CONNERSVILLE, Ind.--(BUSINESS WIRE)--Carbon Motors Corporation announced today that General James L. Jones (USMC-Ret), 32nd Commandant of the United States Marine Corps and former National Security Advisor to the President of the United States, has joined the company’s advisory board alongside the Honorable Lee H. Hamilton, Governor Thomas J. Ridge and Dr. Lee P. Brown. The advisory board provides strategic guidance to the company relating to the development of the world’s first purpose-built ve

Autobytel to Conduct One-on-One Investor Meetings at 9th Annual Craig-Hallum Institutional Investor Conference

Wed, 16 May 2012 12:45:00 UT

IRVINE, Calif.--(BUSINESS WIRE)--Autobytel Inc. (Nasdaq: ABTL), a leading provider of online consumer purchase requests and marketing resources for the automotive industry, today announced that Jeffrey Coats, President and Chief Executive Officer, will conduct one-on-one meetings with investors at the 9th Annual Craig-Hallum Institutional Investor Conference. The conference will be held on Wednesday, May 30, 2012 beginning at 7:00 a.m. (Central Time) at the Marriott City Center in Minneapolis. A

Progressive Reports April Results

Wed, 16 May 2012 12:25:00 UT

MAYFIELD VILLAGE, OHIO--(BUSINESS WIRE)--The Progressive Corporation today reported the following results for April 2012: (millions, except per share amounts and ratios; unaudited) April April Change 2012 2011 Net premiums written $ 1,672.0 $ 1,540.4 9% Net premiums earned $ 1,528.2 $ 1,433.3 7% Net income $ 61.2 $ 118.0 (48)% Per share $ .10 $ .18 (45)% Total pretax net realized gains (losses) on securities (including net impairment losses) $ (7.9 ) $ 24.

Praxair Announces Price Increases for Gases and Facility Fees Effective June 1, 2012

Wed, 16 May 2012 12:00:00 UT

DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX) and its divisions and subsidiaries (Praxair Distribution, Praxair Healthcare Services, Praxair Canada Inc., and Praxair Puerto Rico N.V.) are notifying bulk and packaged industrial, electronics, specialty, and medical gases customers in the United States, Canada, and Puerto Rico of increases in prices effective June 1, 2012, or as contracts permit, as follows: Up to 12% for nitrogen and oxygen; Up to 18% for argon, and hydrogen; Up to 15%

Balqon Receives Contract from the Port of Los Angeles to Retrofit Electric Yard Tractors

Wed, 16 May 2012 11:00:00 UT

HARBOR CITY, Calif.--(BUSINESS WIRE)--Balqon Corporation Receives Contract from Port of Los Angeles for Lithium Battery Powered Electric Trucks for Marine Terminal Operations

富士通天与UNO Minda建立车载信息娱乐产品合资企业

Wed, 16 May 2012 09:43:00 UT

新德里和日本神户--(BUSINESS WIRE)--(美国商业资讯)--领先的日本汽车部件制造商富士通天株式会社(FUJITSU TEN LIMITED)与领先的印度汽车部件制造商Uno Minda, NK Minda Group已经同意在印度建立新的车载信息娱乐(*1)产品制造和销售合资企业。这项合资企业协议于今天在卡纳塔克邦班加罗尔签署。印度的汽车行业是全球最大和发展最快的市场之一。鉴于2010年印度的新车销量已经超过300万台，印度汽车市场已经真正进入了机动化时代，并且预计将会进一步快速扩张。这家合资企业旨在进军日益发展的车载信息娱乐产品领域，为印度市场带来创新产品。该合资企业的制造厂将设在哈里亚纳邦Bawal，计划生产CD调谐器、显示器音频、AVN(*2)和扬声器等车载信息娱乐产品。该合资企业将于2013年10月开始投产。在签约仪式上，富士通天总裁Shigematsu先生表示：“我们相信此次合作可以利用两家合伙公司的主要优势，并且这家合资企业将可以提供令印度客户满意的强大产品。通过Uno Minda为富士通天技术先进的创新产品提供强大的业务基地，我们旨在为印度市场带去最佳

Digital Air Strike Releases First Automotive Study to Include Both Consumer and Dealership Activity on Social Media and Review Sites

Wed, 16 May 2012 08:07:00 UT

SUNNYVALE, Calif.--(BUSINESS WIRE)--Digital Air Strike™, the nation’s leading full-service automotive social media and online reputation management company, today announced the publication of the industry’s first 2012 Automotive Dealership Social Media and Online Reputation Study. Findings demonstrate that automotive dealerships are need to increase engagement engage with car shoppers on social networks and review sites during the car buying process, as the study shows the importance placed on t

E & J Brandy Partners With Hip-Hop and R&B Radio Station 97.9

Wed, 16 May 2012 01:04:00 UT

MODESTO, Calif.--(BUSINESS WIRE)--E & J Brandy, the most award-winning brandy in America, is proud to partner with hip-hop and R&B radio station 97.9 The Beat in Dallas, Texas, to present The Beat Custom Car Show and Concert at the Dallas Convention Center on May 20, 2012. The concert will feature performances by major hip-hop recording artists, such as Young Jeezy, Baby Bash, Wale and Slim Thug, as well as several up and coming artists, including Loverance and Kirko Bangz. “We’re thrill

UCI Holdings Limited Reports Results of Operations for First Quarter 2012

Tue, 15 May 2012 21:19:00 UT

LAKE FOREST, Ill.--(BUSINESS WIRE)--UCI Holdings Limited (“Holdings”), the parent company of UCI International, Inc. (“UCI”), today announced UCI’s results for the first quarter ended March 31, 2012. Net sales were $261.6 million, an increase of $16.1 million, or 6.5%, over the first quarter ended March 31. 2011. The company, a leading manufacturer of vehicle replacement parts, reported that net sales increased in the retail, OEM (original equipment manufacturer), OES (new car dealer service) an

The Toro Company Declares Regular Quarterly Dividend

Tue, 15 May 2012 20:30:00 UT

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) declares regular quarterly cash dividend of $0.22 per share

Medallion Financial Corp. Announces Commencement of Public Offering of Common Stock

Tue, 15 May 2012 20:01:00 UT

NEW YORK--(BUSINESS WIRE)--Medallion Financial Corp. Announces Commencement of Public Offering of Common Stock

J.B. Hunt Transport Services, Inc. to Participate in 5th Annual Wolfe Trahan Global Transportation Conference

Tue, 15 May 2012 19:53:00 UT

LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced today that Terry Matthews, president of intermodal for J.B. Hunt, will participate as part of a joint company panel presentation at the 5th Annual Wolfe Trahan Global Transportation Conference on Wednesday, May 23, 2012 at 10:00 a.m. (EST) being held at the Fordham Law School at Lincoln Center in New York City, NY. Information presented at the conference may contain forward-looking statements made by the C