Auto & Transportation

SORL Auto Parts to Present at the Maxim Group Conference

ZHEJIANG, China, Sept. 12 /Xinhua-PRNewswire/ -- SORL Auto Parts, Inc. (Nasdaq: SORL), a leading manufacturer and distributor of commercial vehicle air brake valves in China, today announced that it will present at the Maxim Group First Annual Growth Conference. The Maxim conference will...

2007-09-12 23:45 705

Corning Introduces Next-Generation Ceramic Substrate For Light-Duty Vehicles

CORNING, N.Y., Sept. 6 /Xinhua-PRNewswire/ -- Corning Incorporated (NYSE: GLW) on September 5, 2007 announced the introduction of the Celcor(R) 600/2 substrate, a next-generation ceramic substrate for light-duty gasoline and diesel-powered vehicles. With its ultrathin walls, the new substrate e...

2007-09-06 09:30 815

Visteon Progresses Restructuring Through Sale of Indian Powertrain Business

CHENNAI, India, Sept. 5 /Xinhua-PRNewswire/ -- Visteon Corporation (NYSE: VC) announces that it has completed the sale of Visteon Powertrain Control Systems India (VPCSI) in Chennai to Adyar River Ltd. This transaction is another restructuring action the company has achieved to improve its busin...

2007-09-05 21:03 847

Harbin Electric Appoints Lanxiang Gao, a Renowned Engineer in Specialty

HARBIN, China, Sept. 5 /Xinhua-PRNewswire/ -- Harbin Electric, Inc. ("Harbin Electric" or "the Company", Nasdaq: HRBN), a technology-oriented market leader in product development and integrated production tailored to customer applications in linear motors, motor/controller automation syste...

2007-09-05 18:30 646

Ninetowns Announces Strategic Investment in Leading B2B Food and Beverage Trade Facilitator

BEIJING, Sept. 4 /Xinhua-PRNewswire/ -- Ninetowns Internet Technology Group Company Limited (Nasdaq: NINE), China’s leading provider of online solutions for international trade, announces today that it has entered into a definitive agreement to acquire a 22.0% equity interest in Hangzhou Top...

2007-09-04 20:55 1010

Drive the Future With Fisker Automotive, A New Green American Premium Car Company

IRVINE, Calif., Sept. 5 /Xinhua-PRNewswire/ -- Quantum Technologies and Fisker Coachbuild, LLC announce the launch of a joint venture in Fisker Automotive, Inc. -- a green American premium car company. Fisker Automotive will offer a range of environmentally friendly premium cars -- with the f...

2007-09-05 21:17 836

China Automotive Systems Announces Annual Shareholder Meeting

WUHAN, Hubei, China, Aug. 31 /Xinhua-PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced the details of its Annual Meeting of Stockholders as follows: Notice Of Annual Meeting Of Stockholders ...

2007-08-31 19:00 863

Guangshen Railway Announces 2007 Interim Results

Net Profit Rose 97.5% to RMB745.8 Million HONG KONG, Aug. 28 /Xinhua-PRNewswire-FirstCall/ -- -- Total revenue from operations increased 165.1% year-on-year to RMB4,612.8 million. -- Profit from operations increased 87.3% year-on-year to RMB856.6 million. ...

2007-08-28 21:17 761

Naverus Congratulates Air China on RNP Approval for Airbus A319

World's First Airbus Aircraft to Use RNP in Revenue Service SEATTLE, Aug. 24 /Xinhua-PRNewswire/ -- Naverus congratulates Air China on receiving approval to conduct RNP operations with their Airbus A319 fleet. On August 23, 2007 an Air China A319 departed Lhasa, China using Naverus R...

2007-08-27 06:32 924

Magna Powertrain Establishes Its First R&D Center in China

CHANGZHOU, China, Aug. 23 /Xinhua-PRNewswire/ -- Magna Powertrain, a group of Magna International Inc., a global top five tier-one supplier in the auto industry, announced on August 16 that Magna Powertrain (Changzhou) Co. Ltd., had been established and put into production in the Changzhou N...

2007-08-23 20:00 1475

Wako Logistics Group Reports 2007 First Half Results

-- Revenues Up 51% Over Same Period in 2006 CHICAGO, Aug. 15 /Xinhua-PRNewswire-FirstCall/ -- Wako Logistics Group, Inc. ("WLG") (OTC Bulletin Board: WKOL), a global provider of integrated transport and logistics services, is pleased to report its financial results for the six month ended J...

2007-08-15 17:12 878

SORL Auto Parts Reports 2007 Second Quarter Results

Revenue Increased to Record High of US$ 29.2 Million; Net Income Increased to US$ 4.1 Million With a 73% YoY Growth ZHEJIANG, China, Aug. 14 /Xinhua-PRNewswire/ -- SORL Auto Parts, Inc. (Nasdaq: SORL), a leading manufacturer and distributor of commercial vehicle air brake valves in China, to...

2007-08-14 19:00 686

OmniVision Introduces Integrated Night Vision Capability in Automotive Sensor Products

SUNNYVALE, Calif., Aug. 14 /Xinhua-PRNewswire/ -- OmniVision Technologies, Inc. (Nasdaq: OVTI), a leading independent supplier of CMOS CameraChip(TM) image sensors for high-volume applications, today unveiled near infrared (NIR) capability, an important proprietary enhancement, to its po...

2007-08-14 20:30 823

China Automotive Systems Reports 2007 Second Quarter Results

Net Sales Reached Historical High US$36.3 Million; Gross Margin 33%; Operating Income Grew 100% YoY WUHAN, China, Aug. 13 /Xinhua-PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced financial resu...

2007-08-13 19:00 761

New Factory for ZAP Electric Car and Truck Near Completion in China

LING XIAN, China, Aug. 13 /Xinhua-PRNewswire/ -- A factory near completion in the Shandong Province of China will have the capacity to produce up to 4,000 cars per month, according to a joint announcement from Shandong Jindalu Vehicle Company, Ltd. and California electric vehicle manufac...

2007-08-13 19:00 920

SORL Auto Parts to Announce Second Quarter 2007 Financial Results on August 14

- Teleconference to Be Held at 8:30 a.m. ET - ZHEJIANG, China, Aug. 9 /Xinhua-PRNewswire/ -- SORL Auto Parts, Inc. (Nasdaq: SORL), a leading manufacturer and distributor of commercial vehicle air brake valves as well as other auto parts in China, announced today that it will report the 2007...

2007-08-09 04:00 650

AIAG Selects Intertek to Provide Workplace Standards Training for Automotive Suppliers in China

SHANGHAI, China, Aug. 8 /Xinhua-PRNewswire/ -- The Automotive Industry Action Group (AIAG) announced today that it has selected Intertek Group plc to provide workplace standards training for automotive suppliers in China. The training, designed to promote responsible working conditions, began ...

2007-08-08 12:47 851

Wonder Auto Technology, Inc. Reports Record Second Quarter 2007 Results

JINZHOU CITY, China, Aug. 8 /Xinhua-PRNewswire/ -- Wonder Auto Technology, Inc., (OTC Bulletin Board: WATG) ("Wonder Auto" or the "Company"), a China- based manufacturer of automotive electrical parts, today announced its financial results for the quarter ended June 30, 2007. Second Quart...

2007-08-08 08:42 740

AerCap Holdings N.V. Reports Second Quarter 2007 Financial Results

AMSTERDAM, Netherlands, Aug. 7 /Xinhua-PRNewswire/ -- Highlights -- Second quarter 2007 net income excluding non-recurring charges to interest expense from refinancing of securitized bonds was $58.2 million and excludes a non-recurring charge to interest expense ...

2007-08-08 10:21 735

Wonder Auto Approved to List on the Nasdaq Global Market

JINZHOU CITY, China, Aug. 7 /Xinhua-PRNewswire/ -- Wonder Auto Technology, Inc. (OTC Bulletin Board: WATG) ("Wonder Auto" or the "Company"), a China-based manufacturer of automotive electrical parts, today announced that it received the approval letter for listing on the Nasdaq Global Market. ...

2007-08-07 02:11 788
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