Marketwire - Automotive

Dorman Products, Inc. Announces Sale of Product Line and Joint Venture With Eastern Manufacturing, Inc.

Thu, 15 May 2008 17:34:00 EDT

COLMAR, PA--(Marketwire - May 15, 2008) - Dorman Products, Inc. (NASDAQ: DORM) ("Dorman") today announced that it has sold the assets of its catalytic converter business to Eastern Manufacturing, Inc. ("Eastern Catalytic") and entered into a joint venture agreement with Eastern Catalytic to mutually develop, manufacture and distribute an integrated exhaust manifold and converter product line.

Total proceeds from the sale are expected to approximate the book value of these assets in Dorman's financial statements. Dorman expects to record severance and shutdown expenses of approximately $0.3 million as a result of the sale.

Wabash National Corporation Declares Quarterly Cash Dividend

Thu, 15 May 2008 16:42:00 EDT

LAFAYETTE, IN--(Marketwire - May 15, 2008) - Wabash National Corporation (NYSE: WNC) today announced that its Board of Directors declared a quarterly dividend of $0.045 per share. The dividend is payable on July 9, 2008, to the holders of record of the common stock of the corporation on June 26, 2008.

Headquartered in Lafayette, Ind., Wabash National� Corporation (NYSE: WNC) is one of the leading manufacturers of semi trailers in North America. Established in 1985, the company specializes in the design and production of dry freight vans, refrigerated vans, flatbed trailers, drop deck trailers, and intermodal equipment. Its innovative core products are sold under the DuraPlate�, ArcticLite�, and Eagle� brand names. The company operates two wholly owned subsidiaries: Transcraft Corporation, a manufacturer of flatbed and drop deck trailers;

AirBoss of America Corp. Declares Dividend

Thu, 15 May 2008 16:40:00 EDT

NEWMARKET, ONTARIO--(Marketwire - May 15, 2008) - Mr. Gren Schoch, Chairman of the Board of AirBoss of America Corp. (TSX:BOS) is pleased to announce that the Board of Directors has approved a dividend of $0.025 per common share to be paid July 24, 2008 to shareholders of record at June 30, 2008. AirBoss of America Corp. develops, manufactures, and sells high quality, proprietary rubber-based products offering enhanced performance and productivity to transportation, military and industrial markets. With a capacity to supply over 250 million pounds of rubber annually to a diverse group of rubber manufacturers, AirBoss is also one of North America's largest custom rubber compounding companies. The Company's shares trade on the TSX under the symbol BOS. Visit www.airbossofamerica.com.

Airboss Awarded Gas Mask Contract May 15, 2008

Thu, 15 May 2008 16:30:00 EDT

AutoMax Sales Training Implements New Program for Dealerships

Thu, 15 May 2008 11:47:00 EDT

LINWOOD, NJ--(Marketwire - May 15, 2008) - AutoMax Sales Training and Consulting, a recruiting and training company for the automotive industry, has announced a new "No Risk" Salesperson Recruiting Program for automobile, motorsports and RV dealerships. The performance-based incentive structure eliminates up-front costs and provides comprehensive training programs for sales professionals in markets throughout North America.

"We're excited about the rollout of this new program and its results nationwide," says Craig Lockerd, president and founder of AutoMax Sales Training and Consulting.

Delphi Defines Data Connectivity With Complete Systems, Leading-Edge Technologies

Thu, 15 May 2008 09:00:00 EDT

New HSDD Connector and Three-Port Hub Greatly Expand Connectivity Capabilities

Tata Motors Limited Intends to Compete in Multimillion Dollar Progressive Automotive X PRIZE

Thu, 15 May 2008 09:00:00 EDT

India's Leading Automobile Company Joins More Than 70 Groups From Around the World in Competition to Create Viable, Safe and Super Fuel-Efficient Vehicles

Kandi Technologies, Corp. Says First Quarter Revenues Grew 76% Led by Sales of Go-Karts

Thu, 15 May 2008 08:30:00 EDT

Forecasts Estimated Full Year Sales of Super Mini Cars Will Add Substantially to Anticipated Growth of Core ATRV Business

First Quarter Net Income From Continuing Operations Advanced 27.5% on Further Improvement in Gross Profit Margins, as Company Ramped up Sales, Marketing and Production Capacity in Line With Continuing Rapid Growth

Ontario International Truck Crossing Figures Highlight Declining Manufacturing Base in Province

Thu, 15 May 2008 06:00:00 EDT

TORONTO, ONTARIO--(Marketwire - May 15, 2008) - Attention: Business Editors Ontario truck crossing statistics issued earlier this week by the Public Border Operators Association (PBOA), shows that international truck traffic is down 5.6% in 2008 compared to the same period last year --- January to April. If the time-line comparison is extended to 2005 the decrease in international truck crossings is 8.4% --- which could translate into just under one million (900,000) fewer truck crossings in 2008 compared to 2005.

PerformanceCars Pre-Owned Car and Truck Event On Now Until May 31st!

Thu, 15 May 2008 06:00:00 EDT

ST. CATHARINES-NIAGARA, ONTARIO--(Marketwire - May 15, 2008) - PerformanceCars announced today a Pre-Owned Car and Truck Event on now until May 31st at all PerformanceCars locations, Lake Street and Ontario Street, in St. Catharines-Niagara.

Bigger Selection. Better Value. Best Guarantee. As Niagara's largest new car retailer, PerformanceCars has access to hundreds of customer trade-in vehicles - domestic, import, and luxury - that are low mileage, well-cared for, and certified to manufacturer specifications. Many pre-owned vehicles have existing warranties.

Key Challenges and Issues facing the World Bicycles Markets

Thu, 15 May 2008 05:01:00 EDT

LONDON, UNITED KINGDOM--(Marketwire - May 15, 2008) - Reportlinker.com announces that a new market research report related to the Automotive industry is available in its catalogue.

World Bicycles Markets

http://www.reportlinker.com/p087356/World-Bicycles-Markets.html

This report analyzes the worldwide markets for Bicycles in Millions of US$. The major product segments analyzed are Adults Bicycles (Mountain Bicycles, Hybrid Bicycles, Touring Bicycles, & Specialty Bicycles), Children's Bicycles, Sports Bicycles, and Bicycle Parts & Accessories. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America. Annual forecasts are provided for each region for the period of 2001 through 2015. A ten-year historic analysis is also provided

Perceptron Announces Results for Third Quarter of Fiscal Year 2008

Wed, 14 May 2008 16:36:00 EDT

PLYMOUTH, MI--(Marketwire - May 14, 2008) - Perceptron, Inc. (NASDAQ: PRCP) today announced net sales of $18.2 million, an operating loss of $18,000 and net income of $211,000, or $0.02 per diluted share, for its third quarter of fiscal year 2008 that ended March 31, 2008. This compares with sales of $16.0 million, operating income of $1.0 million, and net income of $691,000, or $0.08 per diluted share, for the quarter ended March 31, 2007. For the nine months ended March 31, 2008, the Company had net sales of $55.0 million, operating income of $2.5 million and net income of $470,000 or $0.05 per diluted share. This compares to net sales of $38.9 million, an operating loss of $1.7 million, and a net loss of $814,000, or $0.10 per diluted share, in the first nine months of fiscal year 2007.

Reminder - Perceptron Announces Conference Call/Webcast for Third Quarter Results of Fiscal Year 2008

Wed, 14 May 2008 16:01:00 EDT

PLYMOUTH, MI--(Marketwire - May 14, 2008) - Perceptron, Inc. (NASDAQ: PRCP) will hold a conference call/webcast chaired by Harry T. Rittenour, president and chief executive officer on Thursday, May 15, 2008 at 10:00 AM (EDT).

Webcast            http://www.visualwebcaster.com/event.asp?id=48449
Conference Call    877 461-2816 (domestic callers) or
                   416 695-9761 (international callers)

Conference ID      3260778

Q1 Small Business Research Board Automotive Vehicle Dealer and Service Industry Key Issues Report: Auto, Other Vehicle Dealers Report Increased Revenue Expectations Says Latest SBRB Report

Wed, 14 May 2008 14:53:00 EDT

Of the Owners and Managers Responding to the Nationwide Quarterly SBRB Poll, Co-Sponsored by International Profit Associates, 48% Said They Expect Increased Revenues in the Next Twelve Months

Drive Products Income Fund Announces 2008 First Quarter Financial Results and May 2008 Cash Distributions

Wed, 14 May 2008 13:40:00 EDT

TORONTO, ONTARIO--(Marketwire - May 14, 2008) - Drive Products Income Fund (TSX:DPI.UN) (the "Fund") released first quarter 2008 financial results today and announced the May 2008 cash distributions to unitholders. "Much effort was spent in the first quarter of 2008 integrating the operations of Universal Technical Services, L.L.C., W.H. Green Specialties Inc. and the Docap line of products and I'm pleased to say that these recent acquisitions have met our expectations with respect to sales and gross margins," said Greg Edmonds, Chief Executive Officer. "They helped compensate for the sluggish sales in Western Canada during the quarter and will continue to provide some stability during this period. These acquisitions have proven to be accretive to the Fund and given our strong balance sheet, we continue to seek out similar acquisition targets. The Fund remains conservatively financed with a long-term debt to equity ratio of 0.05 to 1.0 and $18.1 million in working capital. Managemen

Aero Performance Products, Inc. Reports Completion of Consolidation of Warehouse Facilities

Wed, 14 May 2008 11:36:00 EDT

Move of Corporate Offices Targeted for July 1, 2008

Brembo's Board of Directors approves Q1 2008 financial results

Wed, 14 May 2008 10:36:00 EDT

STEZZANO, ITALY--(Marketwire - May 14, 2008) - PRESS RELEASE

Stezzano, May 14th 2008

For immediate release

Brembo's Board of Directors approves Q1 2008 financial results. Compared to Q1 2007:

- Sales +19.1% (+10.4% like-for-like);

- EBITDA +19.6%;

- Net profit +24.7%;

- Net debt +42.2% due to the recent acquisitions.

Disc production capacity in Poland will be doubled, with an investment of about EUR 45 million.

In summary:

+-------------------------+--------+--------+------------------+
|(Euro million)           |Q1 2008 |Q1 2007 |Variation % 08/07 |
+-------------------------+--------+--------+------------------+
|Sales                    |  273.2 |  229.3 |          + 19.1% |
+-------------------------+--------+--------+------------------+
|EBITDA                   |   40.0 |   33.4 |          + 19.6% |
+-------------------------+--------+--------+------------------+
|EBIT                     |   25.9 |   22.7 |          + 14.3% |
+-----

Latitude Industries, Inc. Exceeds $600,000.00 in Powerboat Sales Since January 1; Projects Total 2008 Revenues of $6 Million

Wed, 14 May 2008 10:30:00 EDT

MIAMI, FL--(Marketwire - May 14, 2008) - Latitude Industries, Inc. (PINKSHEETS: LTDI), a manufacturer of high-performance, center console powerboats, is pleased to announce that it has recorded sales of approximately $600,000.00 since January 1, 2008.

"This is an increase of almost fifty percent from last year's sales during the same period. These sales have been generated from the Miami International Boat Show and Texas International Boat Show along with various marketing strategies that are currently being implemented throughout the nation," stated Jonathan Giner, Director of Marketing and Sales.

China Jiangsu Golden Horse Steel Ball Comments on Its Industry

Wed, 14 May 2008 09:45:00 EDT

XUYI, JIANGSU, CHINA--(Marketwire - May 14, 2008) - China Jiangsu Golden Horse Steel Ball, Inc. (PINKSHEETS: CJGH) (FRANKFURT: 4J3) ("Golden Horse" or "the Company"), a leading Chinese manufacturer and supplier of ball bearings, is pleased with the direction of the Ball Bearing Industry.

The ball bearing industry is maturing in China, with the fast development of China's bearing industry, the supply and demand, both locally and globally, has risen exponentially. At present, China Jiangsu can produce ball bearings in various different compounds of any specification for all applications in different industries.

Save Gas With ZAP Electric Car in California's Central Valley

Wed, 14 May 2008 09:30:00 EDT

VISALIA, CA--(Marketwire - May 14, 2008) - A new kind of electric car and truck are taking gas prices head-on in California's Central Valley. The gas-free vehicles are from California automaker ZAP (OTCBB: ZAAP) and are now available in Visalia.

Mike Brackett is opening the new dealership with sales and service for the ZAP Xebra. This week he plans to roll the Xebra out at the annual Porterville Fair (http://www.portervillefair.com/), May 14-18 in nearby Porterville, California.

Hybrid Technologies, Inc. (OTCBB:HYBR) All Electric Vehicles Airs During Live Remote Broadcast of WCCB TV-18 FOX News Rising Morning Show

Wed, 14 May 2008 07:30:00 EDT

Hybrid Technologies' On-Air Demonstration of All Electric Vehicles Impresses FOX's Popular Morning Show

Winnebago Industries Celebrates "50 Years on the Road" With the Introduction of Its Exciting New 2009 Motor Home Lineup at Dealer Days Event in Las Vegas

Tue, 13 May 2008 20:01:00 EDT

FOREST CITY, IA--(Marketwire - May 13, 2008) - Winnebago Industries, Inc. (NYSE: WGO) celebrates its 50th anniversary with the introduction of the exciting, new 2009 Winnebago, Itasca and ERA brand motor homes during the Company's Dealer Days event held May 12-15, 2008, at The Mirage in Las Vegas, Nev. With a theme of "50 Years on the Road," Winnebago Industries displayed 50 motor homes representing key elements of the Company's 23 model lines and 78 floorplans, 46 percent of which are new or redesigned for 2009.

Strongco Income Fund Announces May 2008 Distribution

Tue, 13 May 2008 15:39:00 EDT

MISSISSAUGA, ONTARIO--(Marketwire - May 13, 2008) - Strongco Income Fund (TSX:SQP.UN) (the "Fund") announced today that the distribution of $0.10 for May 2008, consisting of $0.05 per unit in cash and $0.05 per unit in additional units, will be payable on June 20, 2008 to unitholders of record at the close of business on May 30, 2008. The additional units will be issued at a deemed price equal to the volume-weighted average price of all units of the Fund traded on the Toronto Stock Exchange (the "TSX") on the 10 trading days preceding the record date. Unitholders will receive cash in lieu of the issuance of fractional units.

Kilopass Invites SoC Designers to Attend 2nd Annual Embedded Non-Volatile Memory Symposium

Tue, 13 May 2008 15:15:00 EDT

Adam Traidman of ChipEstimate.com Keynotes; TSMC and NVM Users Present on SoC Applications; May 30, 2008, Santa Clara, California, Hilton

Timminco Schedules Conference Call to Discuss Operational Review Report by PHOTON Consulting on May 14

Tue, 13 May 2008 13:27:00 EDT

Conference call also to be webcast at www.timminco.com

Halo Selects N4 Systems' Field ID for their RFID Based Inspection System

Tue, 13 May 2008 11:38:00 EDT

NEW ORLEANS, LOUISIANA--(Marketwire - May 13, 2008) - Halo has selected the market leading RFID based inspection and safety compliance system, Field ID, to manage all their inspections and safety compliance procedures. Halo selected Field ID for its unmatched focus on safety compliance and its ability to accommodate large customers. "Field ID and Halo share the same vision, to keep 'Life First'. Our primary goal is to ensure our customers go home safely every day. Field ID will allow us to accomplish this task even better", said Ken Ragusa, President of Halo, LLC. "Providing an easy, paperless way for our customers to keep track of their compliance certificates and inspections ultimately leads to a much safer workplace. We look forward to providing our customers a new level of service and safety using Field ID."

Effective Control Transport Reports Fourth Quarter and Fiscal Year 2008 Results

Tue, 13 May 2008 10:30:00 EDT

LONGUEUIL, QC--(Marketwire - May 13, 2008) - Effective Control Transport, Inc. (PINKSHEETS: EFFC) (www.econtroltransport.com), a software company which specializes in technology that monitors a driver's vigilance, today announced financial results for the fourth quarter and fiscal year ended April 30, 2008.

Revenues for the quarter ended April 30, 2008 were $730,000. Sequentially, revenue rose 76% or $315,000 as compared to $415,000 of revenue in the third quarter. The increase in revenue is attributed to continued sales and marketing efforts and market penetration with new corporate clients.

ICER AIR Re-Signs Title Sponsor Esurance to Three-Year Partnership

Tue, 13 May 2008 10:00:00 EDT

Auto Insurance Company Sees Major Marketing and Branding Value in Urban Big Air Ski and Snowboard Competition

TrustMark Adds Four New Dealers to Its Network and Announces Roll Out of Advertising Program

Tue, 13 May 2008 09:30:00 EDT

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 13, 2008) - Rod Hamilton, Chairman of TrustMark Auto Group, Inc. ("TrustMark") (CNQ:AUTO) is pleased to announce the approval of four new Dealers to the TrustMark Independent Dealer Network. This brings the total number of Dealers in the TrustMark Independent Dealer Network to nineteen. TrustMark's near term target is to license 50 or more independent vehicle dealers in British Columbia by the end of 2008. The four new Dealers are: - What Key Auto Sales Ltd.

Hertz Rolls Out Scores of New Locations in Suburban Market Expansion

Tue, 13 May 2008 09:16:00 EDT

PARK RIDGE, NJ--(Marketwire - May 13, 2008) - During the first quarter of 2008, The Hertz Corporation opened 81 new off-airport / 52 Hertz Local Edition rental car facilities in dozens of towns across the United States, from New York to California, as part of a company-wide strategy to continue expanding into suburban markets.

This significant growth confirms Hertz' commitment to serving customers seeking to rent cars for insurance replacement, business trips, vacations and everyday purposes. Situated in key markets across the country, Hertz Local Edition facilities have been opened in such locales as Sedona, AZ; Bowling Green, KY; Owensboro, KY; Lima, OH; Springfield, OH; Johnstown, OH; Waco, TX; Abilene, TX; Stillwater, OK; Flemington, NJ; Egg Harbor, NJ.

GreenMan Technologies Reports Second Quarter Results

Tue, 13 May 2008 09:00:00 EDT

20 Percent Increase in Revenue and 27 Percent Increase in Gross Margin Compared to Prior Year

Coates International, Ltd. Is Pleased to Announce That It Has Completed the Design and Development of Its First Stand-Alone CSRV Electric Power Generator for Residential Use

Tue, 13 May 2008 07:00:00 EDT

WALL TOWNSHIP, NJ--(Marketwire - May 13, 2008) - Coates International, Ltd. (Coates) (OTCBB: COTE). The Coates Spherical Rotary Valve ("CSRV") Home Generator has been configured to operate on propane and can be powered with any combustible engine fuel, including Hydrogen. This CSRV Electric Power Generator is a synchronous system that only produces the amount of electric power that is being used or required at any given time from 1 Kw up to 35 Kws. It incorporates a CSRV In Line 4 Cylinder Power Unit. A video demonstrating this new CSRV Home Generator in operation will be available for viewing on our websites shortly at www.coatesengine.com or www.mostadvancedengine.com. Management believes that because the CSRV Home Generator's unique features such as its ability to only supply the power required, and its adaptability to oper

Toyota Wrestles World Sales Lead From GM, but Predicts Decline in Profit by Year's End

Tue, 13 May 2008 05:00:00 EDT

SUGAR LAND, TX--(Marketwire - May 13, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- In July 2007, foreign automakers took control of the monthly sales numbers in the United States for the first time in history. In August, the Detroit Three fought back, mainly through a "one-time" sell-off of vehicles to rental companies and regained the lead in total sales. However, even though the Detroit Three managed to stave off the foreign sales invasion, it was only a matter of time before foreign automakers took firm control of the American automotive sales landscape. The writing was on the wall. As of the end of the first quarter of 2008, Toyota Motor Corporation (NYSE:TM) (Toyota City, Aichi) took the worldwide sales lead from General Motors Corporation (NYSE:GM) (Detroit, Michigan) with a surge of growth in both China and Europe, while GM saw its North American sales rapidly decline.

Examine the World GPS Market Forecast to 2012

Tue, 13 May 2008 00:06:00 EDT

LONDON, UNITED KINGDOM--(Marketwire - May 13, 2008) - Reportlinker.com announces that a new market research report related to the Wireless industry is available in its catalogue.

World GPS Market Forecast to 2012

http://www.reportlinker.com/p089523/World-GPS-Market-Forecast-to-2012.html

Global Positioning System (GPS) is a revolutionary tool, which provides unequalled accuracy and flexibility of positioning for navigation, surveying and Geographic information system (GIS) data capture. Growing use in automotive and consumer applications is propelling the market for mobile location technologies. Although standalone products are quite popular, the most common applications are built around Portable Navigation Devices (PNDs), mobile phones, or car navigation systems. Moreover, the t

Martinrea International Inc. Releases First Quarter 2008 Results: Positive Returns in a Soft Market

Mon, 12 May 2008 18:12:00 EDT

TORONTO, ONTARIO--(Marketwire - May 12, 2008) - Martinrea International Inc. (TSX:MRE), a leader in the production of quality metal parts, assemblies and modules and fluid management systems focused primarily on the automotive sector, announced today the release of its financial results for its first quarter ended March 31, 2008. Martinrea currently employs approximately 7,100 skilled and motivated people in 30 plants in Canada, the United States, Mexico, and the United Kingdom. Revenues for the quarter ended March 31, 2008 totaled $433.8 million as compared to $525.8 million for the quarter ended March 31, 2007, a decrease of 17.5%. Revenues for the first quarter ended March 31, 2008 have decreased from the prior year comparables primarily due to lower volumes on existing customer programs as a result of the general downturn in the automotive industry, the impact of the American Axle strike, a decrease of tooling revenues, and an appreciation of the Canadian dollar versus the U.S.

AirBoss Announces 1st Quarter 2008 Results

Mon, 12 May 2008 16:30:00 EDT

NEWMARKET, ONTARIO--(Marketwire - May 12, 2008) - AirBoss of America Corp. ("AirBoss") (TSX:BOS) announces the following results for the three month period ended March 31, 2008: /T/ Three months ended March 31 (thousand $CAD, except shares and per share amounts) 2008 2007 -------------------------------------------------------------------------- N

New Industrial Hydraulics Website From Bosch Rexroth

Mon, 12 May 2008 16:00:00 EDT

New Industrial Hydraulics Website From Bosch Rexroth Provides Easy Access to Technology Updates, Product Information, News, Events, Training Information and More at www.boschrexroth-us.com/BRH-I

GM Canada annonce la fin des activit�s du centre de Windsor en 2010

Mon, 12 May 2008 13:11:00 EDT

OSHAWA, ONTARIO--(Marketwire - 12 mai 2008) - Suite aux discussions ayant eu lieu pendant la n�gociation de contrat actuelle avec les TCA, General Motors du Canada a annonc� aujourd'hui l'usine de transmission de Windsor cessera ses activit�s au cours du deuxi�me trimestre de 2010. En d�pit des efforts et des discussions avec les employ�s et les partenaires gouvernementaux de GM, la compagnie est arriv�e � la conclusion que ses perspectives sur le march� nord-am�ricain, ainsi que la planification de produits, y compris le passage des transmissions de 4 � 6 vitesses plus �conomiques en mati�re de carburant, n'offrent pas des produits de rechange pour l'usine de Windsor dans le calendrier de 2010. En cons�quence, l'usine fermera ses portes au deuxi�me trimestre de 2010.

GM Canada Announces Windsor Facility to Cease Operation in 2010

Mon, 12 May 2008 11:42:00 EDT

OSHAWA, ONTARIO--(Marketwire - May 12, 2008) - Following discussions during ongoing contract bargaining with the CAW, General Motors of Canada today announced the Windsor Transmission plant will cease operation in the second quarter of 2010. This is when current 4-speed front wheel drive transmission production mandates are completed. Despite efforts and discussions with GM's labour and government partners, the company has determined that its North American market outlook and product plans, including the shift from 4-speed to more fuel efficient 6-speed transmissions do not offer replacement products for the Windsor plant in the 2010 timeframe. Accordingly the plant will close in the second quarter of 2010.

Mitchell International Finalizes Acquisition of Fair Isaac Medical Bill Review Business Unit

Mon, 12 May 2008 09:36:00 EDT

Workers' Compensation, Auto Casualty and Managed Care Cost Containment Business Unit Significantly Expands Company's Portfolio

Sterling Trucks Introduces Natural Gas-Powered Vehicle with Cummins Westport Engine

Mon, 12 May 2008 09:01:00 EDT

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 12, 2008) - Cummins Westport Inc. ("CWI") (TSX:WPT), a leading provider of high-performance, alternative fuel engines for the global market, announced today that Sterling Trucks of Redford, Michigan has launched a new Sterling(R) Set-Back 113, its first natural gas vehicle, featuring the Cummins Westport ISL G engine. The Cummins Westport ISL G, an 8.9 liter stoichiometric cooled-exhaust gas recirculation (EGR) engine, offers the lowest emissions available in the industry without sacrificing top-level performance and efficiency.

Advanced Battery Technologies Reports First Quarter 2008 Record Revenues, Earnings Results

Mon, 12 May 2008 08:28:00 EDT

87% Increase in Revenues and Net Profit up 187% for the First Quarter 2008

Cyclone Power Technologies Files Disclosure Statement

Mon, 12 May 2008 08:00:00 EDT

POMPANO BEACH, FL--(Marketwire - May 12, 2008) - Cyclone Power Technologies Inc. (PINKSHEETS: CYPW) filed today its Disclosure Statement with the Pink Sheets Electronic OTC Markets. The Statement is a complete disclosure of the business, management, material agreements, capitalization and financial condition of the company, current through the most recent reporting period of March 31, 2008. Investors may view this filing on www.PinkSheets.com or www.OTCiq.com.

Hybrid Technologies, Inc. (OTCBB) to Make Purchasing All Electric, Lithium Powered Vehicles Easier and More Convenient by Providing One-Stop, Online Financing Options

Mon, 12 May 2008 07:30:00 EDT

Hybrid Technologies Is In Final Stages to Make Purchasing All Electric Vehicles Easier for Customers by Providing One Stop Internet Financing on Their Full Line of Emission-Free Vehicles

Record Gas and Oil Prices Drive Sales for ZAP, Electric Car Orders Grow to $6.8 Million

Mon, 12 May 2008 07:00:00 EDT

SANTA ROSA, CA--(Marketwire - May 12, 2008) - Record gas prices are driving more consumers to seek electric transportation, says industry pioneer ZAP (OTCBB: ZAAP). The Northern California Company reported that as of April 8, 2008 it had $6.8 million in backlog orders for the Xebra electric sedan and pickup from auto-dealer purchase contracts.

The $6.8 million backlog in dealer purchase contracts surpasses ZAP's sales for all of 2007 and are based on a delivery schedule over a 12-month period. The backlog for ZAP's consumer products on the same date was $712,000, including sales for the Zapino and ZAPPY3 scooters, ATVs, Recharge-It-All battery systems and others.

Is the Time of Mass Transit Finally Upon Us in the United States?, an Industrial Info News Alert

Mon, 12 May 2008 06:30:00 EDT

SUGAR LAND, TX--(Marketwire - May 12, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- With oil reaching record-high prices almost daily, consumers are watching the price at the pump inch ever closer to $4 per gallon. While the outcry has really not been overwhelming, many analysts are predicting $200-per-barrel oil prices in the near future, which could easily lead to $6 per gallon prices at the pump.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=132693, or browse other breaking industrial news stories at www.industrialinfo.com.

AAA New Mexico's Weekend Gas Watch

Fri, 09 May 2008 14:51:00 EDT

Gasoline Prices Reach New Highs

Historic Moment for the Motorcycle & Moped Industry Council and the China Chamber of Commerce for Motorcycle

Fri, 09 May 2008 14:20:00 EDT

TORONTO, ONTARIO--(Marketwire - May 9, 2008) - Bob Ramsay, President of the Motorcycle & Moped Industry Council (MMIC) and Mr. Bingnan Chen, the Secretary-General of the Chinese Chamber of Commerce for Motorcycles (CCCM) located in the Chao Yang District of Beijing, China, for the first time in Canadian motorcycle manufacturing history have signed a memorandum of understanding (MOU), agreeing to work together to ensure that the manufacture of motorcycles and all terrain vehicles are safe, environmentally-friendly, energy efficiency and comply with the national standards in both countries in order to serve the interests of the entire industry and consumers in China and Canada.

Hertz Expands IBM Relationship to Provide Information Technology Services and Support

Fri, 09 May 2008 14:00:00 EDT

Key Component of Strategic Initiative to Transform Business Model

Kandi Technologies, Corp. CEO Rings NASDAQ Opening Bell; Sees New Addition to Anticipated Growth as Company Prepares to Launch Super Mini Car Line in the U.S.

Fri, 09 May 2008 13:45:00 EDT

NEW YORK, NY--(Marketwire - May 9, 2008) - Mr. Xiaoming Hu, Chief Executive Officer and Chairman of the Board of Kandi Technologies, Corp. (NASDAQ: KNDI), one of China's leading designers, manufacturers and exporters of all-terrain vehicles (ATVs), utility vehicles (UTVs), and its number one exporter of go-karts, presided today over the Opening Bell at NASDAQ, celebrating the Company's recent listing on NASDAQ on March 18, 2008.

Delphi Reports First Quarter 2008 Financial Results

Fri, 09 May 2008 13:35:00 EDT

Company Refinances and Extends DIP Credit Facility; Comments on Pension Funding

Martinrea International Inc. to Announce First Quarter Results on May 12, 2008

Fri, 09 May 2008 09:28:00 EDT

TORONTO, ONTARIO--(Marketwire - May 9, 2008) - Martinrea International Inc. (TSX:MRE) today announced that it will report its financial results for the quarter ended March 31, 2008, at close of business on Monday May 12, 2008. A conference call to discuss those results will be held on Tuesday May 13, 2008 at 8:00 a.m. (Toronto time) which can be accessed by dialing (416) 340-2216 or toll free (866) 898-9626. Please call 10 minutes prior to the start of the conference call. If you have any teleconferencing questions, please call Andre La Rosa at (416) 749-0314.

Effective Control Transport Shareholder Update

Fri, 09 May 2008 09:15:00 EDT

LONGUEUIL, QC--(Marketwire - May 9, 2008) - Effective Control Transport Inc. (PINKSHEETS: EFFC) (www.econtroltransport.com), a software company which specializes in technology that monitors a driver's vigilance, announces a shareholder update.

ECT would also like to take this opportunity to inform its shareholders that the product section of the ECT website has been updated. More specific details on the CRAM product will be released later next week.

Hottest Lexus Ever Added to Skip Barber High Performance Driving School

Fri, 09 May 2008 09:00:00 EDT

'Ferociously Quick' Lexus IS F Joins HPDS Fleet