Archive for April, 2007

Auto Cars - Shareholder Class Action Filed Against U.S. Auto Parts Network, Inc


Forbes - RADNOR, Pa., April 27 /PRNewswire/ — The following statement was issued today by the law firm of Schiffrin Barroway Topaz & Kessler, LLP: Notice is hereby given that a class action lawsuit was filed in the United States District Court for the

Auto makers say feds should take changes slow to avoid economic
Calgary Herald - in an intelligent fashion that doesn t jeopardize thousands of jobs in the auto industry or the overall economy, said Buzz Hargrove, president of the Canadian Auto Workers union, which represents workers who assemble cars and make auto parts at

Strauss Discount Chapter 11 Plan OK’d
Forbes - A bankruptcy judge on Friday confirmed Strauss Discount Auto’s Chapter 11 plan, paving the way for the auto parts retailer to exit bankruptcy protection. Judge Novalyn L. Winfield of the U.S. Bankruptcy Court Newark, N.J., signed off on the plan

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Alpine Avalanche - Code Enforcement Officer Anna Allen said that the main problem with illegal dumping involves “bulky waste” - appliances, furniture, auto parts, etc. - and “garden trash.” She said construction and demolition waste is also a problem. To be disposed of

Johnson defends Talladega title
Detroit News - O’Reilly Auto Parts 250 When: Friday, qualifying, 2:30 p.m.; Saturday, race (Speed Channel, 5:30 p.m.). Where: Kansas Speedway (D-shaped oval, 1.5 miles, 15 degrees banking in turns), Kansas City, Kan. Distance: 250.5 miles, 167 laps. Last race: Mike Skinner

Cerberus hasn’t pulled its bid for Delphi
Detroit News - DETROIT — A key investor in Delphi Corp .’s plan to exit bankruptcy protection says it has not pulled out of the deal as expected by the troubled auto parts supplier. Delphi officials said April 19 that the company had been told that Cerberus

Ickler and the No. 16 NAPA AUTO PARTS Team Racing to Altamont
Who Won - ANTELOPE, Calif. — Driving the #16 NAPA AUTO PARTS/NAPA Filters.com Chevrolet Monte Carlo SS for Bill McAnally Racing, Brian Ickler returns to Altamont Motorsports Park for the Altamont 200 . The team is set to make a big jump in the series

Artist renovates church for shop
Fort Wayne Journal Gazette - O Reilly Auto Parts to build 2 city stores O Reilly Automotive Inc. plans to open a second auto parts store in Fort Wayne this summer, a company spokesman said. The 7,000-square-foot O Reilly Auto Parts store will be built at 1920 Coliseum Blvd

Auto Cars - CPCL to pay 120 % dividend


News Today - CPCL has investment plans of about Rs 5000 crore on various projects including auto fuel quality upgradation and resid upgradation projects. In addition, CPCL is studying the feasibility of setting up a grassroot 15 MMTPA refinery cum

What ‘07 corn rush means to you
Des Moines Register - If the cost of oil goes up, and ethanol is used more and more to supplement auto fuel without making the cost of auto fuel go up, then that is a net savings for consumers because without ethanol added, the price of auto fuel would be pegged to the

Massive Diversion Of U.S. Grain To Fuel Cars Is Raising World Food
Environmental News Network - A rise in auto fuel efficiency standards of 20 percent, phased in over the next decade would save as much oil as converting the entire U.S. grain harvest into ethanol. One option that is gaining momentum is a shift to plug-in hybrids. The full

Gore’s warnings on hot topic
Newsday - Gore told lawmakers he backs more stringent auto fuel-economy standards and a new international climate change treaty spearheaded by the United States that would start in 2010. The Kyoto Protocol, which the United States did not sign, will expire

For Ethanol, the Future Is Now
NPR News - And as Bill Kovarik tells it alcohol was dealt out of the auto fuel business, in favor of another additive that boosted octane. He said General Motors made a deal with Standard Oil, which is now Exxon, to go with leaded gasoline, with an

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Cape Cod Today - We got a call from Jim Twite of Brewster this morning that the Cumberland Farms near Route 28 and Bank Street, AND the Harwich Gas at 435 Route 28, Harwichport next to the 400 Club, are both selling regular for $2.29. The price is $2.32 on Rte 6 in

Auto Cars - Auto briefs


Detroit News - DETROIT — A key investor in Delphi Corp .’s plan to exit bankruptcy protection says it has not pulled out of the deal as expected by the troubled auto parts supplier. Delphi officials said April 19 that the company had been told that Cerberus

Saturday’s Sports On TV
Pocono Record - 6 p.m.–SPEED, NASCAR, Craftsman Truck Series, O’Reilly Auto Parts 250, at Kansas City, Kansas 7 p.m.–ESPN2, NHRA, qualifying for Southern Nationals, at Hampton, Ga. 8:30 p.m.–SPEED, Rolex Sports Car Series, Rolex Series GT, at Alton, Va. same-day

Advance Auto’s executives receive lower bonuses
Roanoke Times - Annual bonuses for the top executives at Advance Auto Parts declined by at least 90 percent in 2006, because of the company’s poor financial performance, according to its yearly proxy statement. The Roanoke-based automotive parts retailer had a weak

Catenate Sdn Bhd Secure Major UK Auto Parts Contract
PR.com - Kuala Lumpur, Malaysia, April 26, 2007 –( PR.com )– Catenate Sdn Bhd are delighted to confirm that they have been awarded preferred supplier status to UK Automotive Parts supplier, N C Lancaster Ltd. Effective from Jan 3rd 2007, the contract is for

Resource Library
Foreign Policy Association - Exchange ideas and information with others around the world. With a General Motors head in India to market and build GM cars and auto parts in that nation; we see that all roads and all manufacturing jobs are headed off shore, as GM, Ford, and

Auto Cars - Sri Lanka petroleum utility loses Rs 1.5 bn in 2006, seeks Rs 5 hike


Lanka Business Online - As a result petrol is now sold at 104 rupees a litre while standard auto-diesel is sold at 60 rupees. About a third of the petrol price is made up of various taxes. De Mel says it costs the CPC 110 rupees to supply a litre of petrol but the

New Businesses
Times-News - Boswell Auto & Diesel Repair opened doing on-site automotive repair. AC Florist Gifts and Variety moved from Cum-Park Plaza to a new home in the Haw River Shopping Center. Breen s Drop-In Deli and Catering opened at 428 S. Spring St. in downtown

Auto Cars - Mickey Kaus


Slate - outlined a series of rear-drive projects that have been put on hold until the auto maker knows how strict the proposed new corporate average fuel efficiency (CAFE) regulations will be. Mounting casualties so far include migrating the next Chevy Impala

National Business Minute
KESQ News - The advance came on news that (b) billionaire investor Kirk Kerkorian and his Tracinda Corporation are offering four and a-half (b) billion dollars in cash for the troubled U-S auto maker. OMAHA, Neb. (AP) _ ConAgra Foods is blaming moisture from a

Midday Leaders & Laggards: S&P 500
CNBC - Also, the Detroit-based auto maker is giving stock options to its executives for the first time since 2003, a sign the company is linking compensation and company performance. Shares of General Motors rose $1.32, or 4.4 percent, to $31.64 in afternoon

Fashionable Design
BusinessWeek - During New York s Fashion Week in February, 2007, Hans-Dieter Futschik, director of passenger car design at Mercedes-Benz, discusses how and why the luxury auto maker is paying attention to high fashion for design and branding inspiration

Auto Cars - Today’s log


Toledo Blade - Bryan Cruthers, 27, mechanic, and Jessica Strecker, 26, auto parts sales, both of Toledo. Morales Baez, 26, team leader, of Distrito Federal, and Stephanie Schnell, 27, medical assistant, of Sylvania. Artis Smith, 59, retired, and Janie Horn, 56, robot

Tracinda’s Chrysler bid in danger of collapse
MSN MoneyCentral - Consortia led by buy-out groups Cerberus Capital Management and Blackstone, and Magna International, the Canadian auto parts and assembly maker, are understood to have made offers close to $5bn or more. Mr Kerkorian’s continued interest in Chrysler is

Magna confirms role in possible Chrysler deal
Boston Globe - TORONTO (Reuters) - Magna International Inc. confirmed on Friday its involvement in a possible deal for DaimlerChrysler’s Chrysler division. In a statement, the Canadian auto parts maker said it “continues to review potential

Union approval key to Chrysler sale: analysts
Raw Story - Billionaire Kirk Kerkorian, the Canadian auto parts supplier Magna and two investment firms, Cerberus, and Blackstone and Centerbridge, have expressed interest in buying the Chrysler group. DaimlerChrysler officials confirmed that key executives met

Support appreciated
Beaver County Times - The Riverside Baseball Federation would like to thank the following local businesses for their donations for a Chinese auction at our fund-raiser to help support field improvement projects: Advanced Auto Parts; Auto Zone; Franklin Plaza Subway

Ermagene DeWitt
Indianapolis Star - Mrs. DeWitt owned and operated the Shelbyville Cinema and Skyline Drive Inn and managed and owned several other theaters. She also worked for an auto parts company in Defiance, Ohio, and for jewelry businesses in Defiance and Noblesville.

Tower Auto makes deal on plant shutdown
Boston Globe - Tower is one of a growing number of auto-parts companies that have tumbled into bankruptcy proceedings amid production cutbacks by the biggest U.S. auto manufacturers. The Novi, Mich.-based company, which filed for Chapter 11 protection in February

Employee crushed at shop in Lansing
Lansing State Journal - Lansing police Friday confirmed that an Advance Auto Parts employee crushed to death by a car he was working on Thursday is Chad Stephen Hill of Laingsburg. Lansing police said Hill, 26, was working on the car at 7:30 p.m. Thursday at the shop at

Infringement: Legislators say gun bill is step toward taking away
Sentinel - Kline Auto Parts, at 121 Valley St., Lewistown. (The petition) was out about 10 minutes and it was just about filled, Loucks said. Better get another one of those (petitions), said James Eckley Sr. at the counter of the auto parts store.

Auto Cars - D. R. Crews


Magic City Morning Star - Because there are many older, retired, pensioned Bethlehem Steel Mill employees and former Chevy Auto Plant worker kindsa folks living out their lives in inexpensive apartments all throughout my blue collar neighborhood, and one at a time, month by

Unions find it hard to make headway
Cincinnati Post - in Georgetown occupies part of the first floor of a two-story concrete block building inside of a sprawling retail center anchored by a Wal-Mart SuperCenter less than a mile down Cherry Blossom Lane from Gate 7 of Toyota’s 1,300-acre auto plant. The

Toyota to build $1.3B plant in Mississippi
Political Gateway - It plans to open a Camry auto plant in Indiana this year and a RAV4 compact crossover-SUV plant in Ontario in 2008. Toyota increased capital spending 1.4 percent this year to a record $13.06 trillion to expand production. Copyright Political Gateway

House, Senate OK separate Toyota funding packages
Jackson Clarion-Ledger - Toyota Motor Corp. announced earlier this week plans for an auto plant in Blue Springs that will employ 2,000. Another 2,000 could be employed by suppliers and a possible 2,000 construction jobs could be available. Toyota will receive $294 million

Hospitals streamline for savings
Ithaca Journal - When an auto plant operates at 99 percent capacity, that’s good, right? Right. But that’s not the case in the hospital industry. Hospitals tipping toward overflow encounter all kinds of problems, from lost business and extra costs to bad care. The

‘One-Fifty’ only scratched surface of Flint memories, milestones
Grand Rapids Press - The former Fisher Body No. 1 (now site of Great Lakes Technology Centre) started as a Durant Motors Corp. auto plant. Under Fisher, it built bodies for Buick and Chevrolet. Fisher Nos. 1 and 2 were among Sit-Down Strike plants in Flint. Glenwood

It’s going to take more than ‘why not the Pine Belt’ to lure major
Hattiesburg American - In a recent editorial in the Hattiesburg American (”Next big business deal should involve Pine Belt”), the author suggested that Gov. Haley Barbour and the Legislature should focus on the Pine Belt as the location for the “next” auto plant because

Honda jobs on the Web
Batesville Herald Tribune - schedule, all applications submitted will remain in active status for two years, the site details. Honda North America boasts a record of 27 years in business without ever suffering a layoff. The Decatur County location will be the sixth auto plant

Smolensk Region
Kommersant - The region’s main industrial centers are Smolensk, Vyazma, Roslavl, Safonovo, Gagarin, and Yartsevo, where large companies such as an aircraft plant, the AO ZIL auto plant, the Izmeritel factory, AO Aisberg, the Kristall factory, the Dvigatel factory

Auto Cars - The Business Week


BusinessWeek - Assorted auto news: On Mar. 13 the United Auto Workers said it will fight if DaimlerChrysler ( DCX ) tries to sell its Chrysler unit to a private equity firm that only wants pieces of it or intends to break it up. Meantime, as Nissan ( NSANY ) sales and

President, drivers prepare for 2001
ESPN.com - Bobby Labonte is enjoying the perks of being the Winston Cup champion and spending some of the $3.4 million he earned for winning NASCAR’s biggest prize. Since the season ended in November, the 36-year-old Texan has made the rounds of the talk shows

Auto Cars - Business Right Now


WBOC - DETROIT (AP) _ DaimlerChrysler posted a four-point-one-percent sales decline last month. Officials of the German auto maker say the drop was paced by a four-point-six-percent slide in Chrysler sales. That was tempered by a one-percent increase in

Latest WAVE Headlines
Wave 3 - At least three other groups are reported to have expressed interest in the money-losing auto maker, which is owned by Germany’s DaimlerChrysler. McLEAN, Va. (AP) _ Long-term mortgage rates are essentially unchanged this week. Freddie Mac says the 30

Batavia star ready for launch to Division 1
Batavia Sun - Zoom, zoom, zoom. Like the auto maker that popularized that catch line in a successful advertising campaign, Batavia’s talented Nick Fruendt is driven to succeed. It’s also a fitting description of the 6-foot-5 -inch swing man’s play on the

Auto Cars - Worker couldn’t contain fire


Nashville Tennessean - We worked really hard to get where we are now, and it seems that we have to start over,” said Kennedy, 21, who is training to be an auto diesel mechanic. “The main thing is that we’ve got our lives; that’s why I’m smiling. This won’t stop us from

New Businesses
Times-News - Boswell Auto & Diesel Repair opened doing on-site automotive repair. AC Florist Gifts and Variety moved from Cum-Park Plaza to a new home in the Haw River Shopping Center. Breen s Drop-In Deli and Catering opened at 428 S. Spring St. in downtown

New career center opens
Addison Independent - Graduating students may find themselves employed with local auto/diesel-related companies. Coale noted that with the new emphasis on alternative fuels, diesel and biodielsel technology is an industry that is already clamoring for additional workers.

It was news then
Delphos Herald - Associate degree graduates in auto-diesel technology were Phillip Miller of Delphos and Scott Patty of Elida. Diploma graduates in automotive technology were Scott Markward of Delphos, Jean O Daffer of Middle Point, and Mark Schimmoller of Delphos.

Lincoln Educational Services Partners with CUnet to Oversee Internet
WTNH.com - Lincoln Educational Services Corporation is the parent company of Lincoln Tech, The Cittone Institute, Career Education Institute (CEI), Nashville Auto-Diesel College (NADC), Denver Automotive and Diesel College (DADC), Southwestern College and New