Atchison Casting Awarded New Parts Business From
DaimlerChrysler.(Atchison Casting Corp.'s Inverness Castings Group
gets several
Atchison Casting Corp.'s Inverness Castings Group said it has
received several new parts contracts from DaimlerChrysler AG which will
add about $5 million in annual sales.
Atchison said it will . . .
Magnacharge To Become Delphi Battery Distributor In
Canada.(Magnacharge Battery Co.)(Brief Article)
Delphi and Canadian battery manufacturer/distributor Magnacharge
Battery Co., a subsidiary of Battery & Wireless Solutions Inc. have
entered into an alliance to distribute Delphi's battery . . .
Delphi Energy & Chassis Systems Hikes Common Rail Business In
Asia.(Delphi Corp. Energy & Chassis Systems division contracted fo
Delphi Corp. Energy & Chassis Systems division said that, in
January, the company contracted for more than $305 million in business
in the Asia Pacific region to supply diesel common rail systems . . .
GM To Consolidate North American Design & Engineering In
Warren, Mich.(General Motors to move 5,500 engineers and technical staf
General Motors said it is moving 5,500 engineers and technical
staff from its center in Pontiac, Mich., to a technical center in
Warren, Mich., according to a report in the Detroit Free. The . . .
GM Agrees To Raise Outsourcing In Quebec.(to increase its
purchases in Quebec to C$1.2 billion in deal with Quebec
government)(B
In an agreement with the Quebec government, GM said it would
increase its purchases in the province to C$1.2 billion ($811 million)
from C$800 million ($538 million). GM's decision follows months . . .
Intermet Says New Business Won Totaled $450 Million In
2002.(Intermet Corp.)(Brief Article)
Intermet Corp., one of the world's leading manufacturers of
cast-metal automotive components, said that new business awarded in 2002
totaled $450 million over the life of the programs. This is in . . .
PSA, Ford Venture To Sharply Increase Output Of Clean Diesel
Engines.(PSA Peugeot Citroen and Ford jointly develop cleanest dies
PSA Peugeot Citroen and Ford said they have developed the cleanest
diesel engines ever made, as part of a joint plan targeted at booming
European demand for diesel cars.
The French and U.S. . . .
China's Car Production In January Soars 120 Percent.(Brief
Article)
China auto production soared 120 percent in January to 126,800
cars, a jump of 120 percent from a year earlier, the government said.
Car output at Shanghai Automotive Industry Corp (SAIC), . . .
Intier Automotive And Delphi Form Alliance To Develop Interior
Systems.(Intier Automotive Inc. and Delphi Corp. to develop compl
Intier Automotive Inc. said that it has entered into a strategic
alliance with Delphi Corp. to develop complete interior vehicle systems,
including advanced electrical architectures and wiring . . .
GM Said Government Underestimates Cost Of Meeting Higher Truck
Fuel Economy.(General Motors says regulators vastly underestimate
In a lengthy submission to the U.S. National Highway Traffic
Safety Administration (NHTSA), General Motors said that regulators have
vastly underestimated the cost of raising the fuel economy . . .
Aftermarket Technology Corp. Reports Higher Revenues,
Earnings.(Brief Article)
Aftermarket Technology Corp. said for the year ended December 31,
2002, revenues increased by $22.5 million to $415.9 million from $393.4
million in 2001. Income from continuing operations before . . .
Dana Corp. Reported Smaller Loss In Fourth Quarter.(Brief
Article)
Dana Corp.'s fourth-quarter operating earnings missed Wall
Street's expectations by a penny, but the auto-parts
supplier's results improved from the year-earlier period. The
Toledo, Ohio, company . . .
DURA Automotive Reports Fourth-Quarter Results.(Brief
Article)
Dura Automotive Systems, Inc., reported revenues of $576.5 million
for the fourth quarter ended December 31, 2002, up 5 percent over the
$547.6 million recorded in the prior-year period. Operating . . .
Edelbrock Said It Will Buy Back Some Common Stock.(Brief
Article)
Edelbrock Corp. said it will repurchase of up to 100,000
additional shares of its common stock. The 100,000 shares would
represent approximately two percent of the Company's 5.5 . . .
Intier Reports Fourth Quarter, Annual Financials.(Brief
Article)
Intier Automotive Inc. said its diluted earnings per share for the
fiscal year and fourth quarter ended December 31,
2002 were $0.95 earnings per share and $0.09 loss per . . .
R&B, Inc. Reports Improved Quarterly, Annual Sales And Income
Results.(Brief Article)
R&B, Inc. said its sales for fourth fiscal quarter ended
December 28, 2002, sales increased 12 percent to $55.1 million from
$49.3 million in the same period last year. Fourth quarter . . .
Advance Auto Posts Strong Fourth Quarter, Fiscal Year
Results.(Brief Article)
Advance Auto Parts, Inc. said its comparable earnings per diluted
share increased 168.8 percent to $0.43 for the fourth quarter ended
December 28, 2002, compared to $0.16 for the same quarter last . . .
Federal-Mogul Reports Lower Revenues, Income.(Brief
Article)
Federal-Mogul Corp. said its fourth quarter 2002 sales were $1,289
million, compared to $1,292 million for the same period last year. For
the fourth quarter 2002, Federal-Mogul reported a net loss . . .
Rouge Industries Reports Fourth Quarter Loss.(Brief
Article)
Rouge Industries, Inc. reported a net loss of $7.4 million, or
$0.33 per share, for the fourth quarter of 2002. This loss includes a
one- time charge of $4.5 million resulting from the sale of . . .
Superior Industries Sets New Fourth Quarter Records for Revenue,
Unit Shipments and Net Income.(Brief Article)
Superior Industries Int'l, Inc. said that it set new records
for revenue, unit wheel shipments and net income in the fourth quarter
of 2002, completing a year that exceeded analysts' estimates.
. . .
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