Auto & Transportation

Wonder Auto Announces 2011 Revenue Estimates

BEIJING, Nov. 24, 2010 /PRNewswire-Asia/ -- On November 23, 2010, Wonder Auto Technology, Inc. (Nasdaq: WATG, "Wonder Auto") announced that management estimates that its revenue for 2011 will be about $445 - $455 million. These estimates are based upon management's analysis of market trends and the ...

2010-11-24 00:30 1073

Dana Holding Corporation Plans Freewheel, Lockup on Large Spicer(R) Powershift Transmissions

SHANGHAI, Nov. 23, 2010 /PRNewswire-Asia/ -- Today at Bauma China 2010, Dana Holding Corporation (NYSE: DAN) announced the company's plans for freewheel and lockup with integral torsional vibration damper on Spicer(R) powershift transmissions above 90 kW (120 horsepower). (Logo: http:/...

2010-11-23 07:10 1219

Dana Holding Corporation Introduces Spicer(R) Powershift Transmission for Growing Chinese Front-End Loader Market

SHANGHAI, Nov. 23, 2010 /PRNewswire-Asia/ -- At Bauma China 2010 today, Dana Holding Corporation (NYSE: DAN) announced plans to produce a new Spicer(R) TZL Series powershift transmission for premium front-end loaders manufactured in China, including the 17-tonne ZL50 with a 5,000-kg load ca...

2010-11-23 07:05 1266

Dana Holding Corporation to Launch New Drivetrain Solutions Specifically Designed for Chinese OEMs at Bauma China 2010

SHANGHAI, Nov. 23, 2010 /PRNewswire-Asia/ -- As part of the company's growing commitment to original-equipment manufacturers (OEMs) in China, Dana Holding Corporation (NYSE: DAN) today announced the lineup of drivetrain systems that will be presented this week at Bauma China 2010, the large...

2010-11-23 07:00 1427

eBuilder Delivers its Cloud-based Travel Solution to Volvo Cars

STOCKHOLM, Nov. 24 /PRNewswire-Asia/ -- Swedish eBuilder has been contracted to supply its travel and expense management functionality to Volvo Cars (VCC) during the next three years. Initially the solution will be available to all Volvo Car employees in Sweden and Belgium with the possibility for a...

2010-11-24 10:00 1601

China Automotive Systems Achieves Production Milestone with 10 Millionth Steering Unit

WUHAN, Hubei, China, Nov. 22, 2010 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or "the Company"), a leading power steering components and systems supplier in China, today announced the achievement of a significant milestone with the production of its 10 milli...

2010-11-22 20:25 901

Tongxin International Ltd. Lowers Revenue Guidance for 2010, Removes Chief Executive Officer and Chief Financial Officer, and Appoints New Chief Executive Officer

No Truth to Going Private Rumors CHANGSHA, China, Nov. 20, 2010 /PRNewswire-Asia/ -- Tongxin International Ltd. (OTC Bulletin Board: TXIC), a China-based manufacturer of engineered vehicle body structures ("EVBS") and stamped parts for the commercial automotive industry, today announced the followi...

2010-11-22 08:36 1128

Presentation of the BMW Group Award for Intercultural Commitment

- 300 Submissions, More Than 40 Different Nations, Three Prizewinners MUNICH, Nov. 19, 2010 /PRNewswire-Asia/ -- The international BMW Group Award for Intercultural Commitment was presented for the first time on Thursday. The three winners were announced by Harald Kruger, member of the BMW AG B...

2010-11-22 08:19 1237

SORL Auto Parts Files 10-Q Amendment With Additional Income Statement

ZHEJIANG, China, Nov. 19, 2010 /PRNewswire-Asia-FirstCall/ -- SORL Auto Parts, Inc. (Nasdaq: SORL) ("SORL" or "The Company"), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced today that it has filed an amended Form ...

2010-11-19 00:00 917

'2010 China-Africa Brightness Action' Launched in Beijing

Medical team heads for Africa via charter flight; about 1,000 cataract surgeries planned during one week BEIJING, Nov. 19, 2010 /PRNewswire-Asia/-- The launching ceremony for the "2010 China-Africa Brightness Action" was held at Deer Jet's fix base operation (FBO), Beijing Capital International ...

2010-11-19 08:00 1784

Spirit AeroSystems Announces Closing of $300 Million Senior Unsecured Notes Offering

WICHITA, Kan., Nov. 18, 2010 /PRNewswire-Asia / -- Spirit AeroSystems, Inc. ("Spirit"), a wholly-owned subsidiary of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) (the "Company"), announced today the completion of its previously announced private offering of $300 million aggregate principal amount ...

2010-11-19 10:01 1012

China Automotive Systems, Inc. Announces Construction Ceremony for New Electric Power Steering Facility

WUHAN, China, Nov. 17, 2010 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or "the Company"), a leading power steering components and systems supplier in China, announced today that its subsidiary, Wuhan Jielong Automotive Electric Power Steering Co., Ltd., rece...

2010-11-17 00:00 1137

Bitauto Holdings Limited Announces Pricing of Initial Public Offering on NYSE

BEIJING, Nov. 17, 2010 /PRNewswire-Asia/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of Internet content and marketing services for China's fast-growing automotive industry, today announced that its initial public offering of 10,600,000 American Deposita...

2010-11-17 20:00 1359

CEVA Group plc, Announces Record Revenue and Strengthening Profit Figures in its Third Quarter Financial Results

-- Record revenue of EUR1.82 billion, an increase of 32% year-on-year -- EBITDA of EUR86 million -- up 26% from last year HOOFDDORP, The Netherlands, Nov. 15, 2010 /PRNewswire-Asia/ -- CEVA Logistics, a leading global supply chain management company, has today reported record revenue and robust ...

2010-11-15 10:49 1606

Spirit AeroSystems Announces Pricing of Senior Unsecured Notes Offering

WICHITA, KAN., Nov. 16, 2010/PRNewswire-Asia/ -- Spirit AeroSystems, Inc., a wholly-owned subsidiary of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) (the "Company") announced today the pricing of $300 million aggregate principal amount of its 6 3/4% senior unsecured notes due 2020 (the "Notes"). Th...

2010-11-16 12:43 1257

Spirit AeroSystems Announces Offering of $300 Million of Senior Unsecured Notes

WICHITA, Kan., Nov. 15, 2010 /PRNewswire-Asia/ -- Spirit AeroSystems, Inc., a wholly-owned subsidiary of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) (the "Company") announced today that it intends to offer up to $300 million in aggregate principal amount of senior unsecured notes due 2020 (the...

2010-11-16 00:02 1023

SORL Auto Parts Reports Third Quarter 2010 Financial Results

ZHEJIANG, China, Nov. 15, 2010 /PRNewswire-Asia-FirstCall/ -- SORL Auto Parts, Inc. (Nasdaq: SORL) ("SORL" or "The Company"), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced financial results for the third quarter ...

2010-11-15 18:00 1019

Hollysys Automation Technologies Announces US$ 30.45 Million 300-350km/h High-speed Rail ATPs Contract Win

BEIJING, Nov. 15, 2010 /PRNewswire-Asia/ -- Hollysys Automation Technologies, Ltd. (Nasdaq: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, announced today signing a contract of approximately US$ 30.45 million or RMB 201.71 mi...

2010-11-15 14:00 753

China TransInfo Announces Third Quarter 2010 Results

BEIJING, Nov. 12, 2010 /PRNewswire-Asia-FirstCall/ -- China TransInfo Technology Corp. (Nasdaq: CTFO) ("China TransInfo" or the "Company"), a leading provider of comprehensive intelligent transportation solutions and traffic information services in China through its affiliate, China TransInfo Techno...

2010-11-12 19:00 822

China XD Plastics Announces Third Quarter 2010 Results

Revenue grew 80.5% to $65.3 million Adjusted net income* increased 84.1% to $12.4 million HARBIN, China, Nov. 11, 2010 /PRNewswire-Asia/ -- China XD Plastics Company Limited ("China XD Plastics" or the "Company"), (NasdaqGM: CXDC), a leading Chinese developer, manufacturer, and distributor of modi...

2010-11-11 21:30 1192
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