Auto & Transportation

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 17:12 880

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 19:00 688

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 20:30 827

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 19:00 764

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 19:00 926

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 04:00 651

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 12:47 854

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 08:42 741

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 10:21 738

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 02:11 789

Savi Announces First Participants in Its Standardized RFID E-Seal Licensing Program

ISO 18185 and Savi Licensing Program Participants Help Fuel Market for Lower-Cost Container Tracking and Homeland Security MOUNTAIN VIEW, Calif., Aug. 6 /Xinhua-PRNewswire/ -- Savi Technology, a Lockheed Martin company (NYSE: LMT) and provider of Radio Frequency Identification (RFID...

2007-08-07 11:39 780

WLG Acquires US Based World Commerce Services

-- Adds Revenues of $80 million -- Strengthens Board of Directors CHICAGO, Aug. 5 /Xinhua-PRNewswire-FirstCall/ -- Wako Logistics Group, Inc. ("WLG or the Group") (OTC Bulletin Board: WKOL), a global provider of integrated transport and logistics services, today announced that it has comple...

2007-08-06 12:31 832

ZAP, Advanced Battery Technologies, Inc. Join Forces to Commercialize Nanotech Batteries for Electric Cars

Joint Office Opens in Beijing to Focus on Nanotechnology for Advanced Electric Car Batteries BEIJING, Aug. 2 /Xinhua-PRNewswire/ -- Advanced nanotech batteries are becoming a driving force in making electric cars that go farther and faster between charges, up to five times farther than to...

2007-08-02 19:00 765

AerCap Holdings N.V. to Release Second Quarter 2007 Financial Results on August 7, 2007

AMSTERDAM, The Netherlands, Aug. 2 /Xinhua-PRNewswire/ -- AerCap Holdings N.V. ("AerCap," NYSE: AER) today announced that it plans to issue a press release with its second quarter 2007 financial results on Tuesday, August 7, 2007 before the market opens. A copy of the press release will be ...

2007-08-02 09:53 906

AerCap Holdings N.V. Announces the Pricing of Secondary Public Offering of Its Ordinary Shares at $25.90 per share

NEW YORK, Aug. 11 /Xinhua-PRNewswire/ -- AerCap Holdings N.V. ("AerCap," NYSE: AER) today announced that companies controlled by funds and accounts affiliated with Cerberus Capital Management, L.P. ("Cerberus"), its selling shareholders, had priced an offering of 20,000,000 ordinary shares at ...

2007-08-01 17:47 859

GPV Announces New Fire Truck and Rescue Vehicle Product Line-up

NEW HAVEN, Mich., July 31 /Xinhua-PRNewswire/ -- General Purpose Vehicles, Inc. (GPV), A CMI-Schneible Group Company, headquartered in New Haven, Michigan announced today the introduction and initial commercial production of a new line of fire truck and rescue vehicles. The new products are...

2007-07-31 22:22 849

China Surpasses Germany in Auto Part Exports to the U.S. - Score One Profits

HONG KONG, July 30 /Xinhua-PRNewswire-FirstCall/ -- Score One Inc. (OTC Bulletin Board: SREA) announced today that according to a recent article published in June by Network Center of MOFCOM, China has surpassed Germany and become the second largest auto parts exporter to the US for the firs...

2007-07-30 21:14 700

Birkart Globistics Opens New Branch in Australia

HONG KONG, July 30 /Xinhua-PRNewswire/ -- Positive business development in Australia: At the end of June, logistics services provider Birkart Globistics air + ocean opened a branch in Brisbane -- its third in Australia, which means complete coverage on the eastern seaboard. Parallel to this, ...

2007-07-30 10:00 1093

Spirit AeroSystems Holdings, Inc. Reports Second Quarter 2007 Revenue and Earnings Growth; Raises 2007 Operating Margin and Earnings Per Share Guidance

WICHITA, Kan., July 26 /Xinhua-PRNewswire/ -- - Second quarter revenues grew 12 percent to $959 million; Operating earnings grew to $102 million - Earnings Per Share increased 96 percent to $0.49 as net income grew to $68 million - First production 787 ...

2007-07-26 19:30 820

ZAP Electric Car Achieves 100-Mile Range at Danish Laboratory

COPENHAGEN, Denmark, July 26 /Xinhua-PRNewswire/ -- Electric car pioneer ZAP (OTC Bulletin Board: ZAAP) confirmed that its XEBRA city-truck traveled over 100 miles on a single charge at a Danish laboratory using an advanced lithium battery system. (Photo: http://www.newscom.com/cgi-b...

2007-07-26 19:00 754
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