plus 4, Automotive News' coverage of Chrysler's 5-year plan - Automotive News

Automotive News' coverage of Chrysler's 5-year plan - Automotive News
Immersion Participating on Panel at 2009 SEMA Show - Consumer Electronics Net
Dutch ICT to acquire stake in German Harman Becker Automotive Systems - TMCnet
Dollar Thrifty Automotive Group Completes Public Offering of Common ... - WKOW-TV.com
French company buys parent of Dexter, Mo., automotive parts plant - Southeast Missourian

Automotive News' coverage of Chrysler's 5-year plan - Automotive News

Posted: 03 Nov 2009 01:17 PM PST

Automotive News
November 3, 2009 - 4:18 pm ET

"; var dmArticleEd = document.getElementById('dmArticleEd'); dmArticleEd.innerHTML = articleEdHtml; } if (responseBatch.Responses[1]) { var articleInfo = responseBatch.Responses[1].Article; var articleCommentsHtml = ""; if (articleInfo.Comments.NumberOfComments == "0") { articleCommentsHtml += "Add a comment"; } else if (articleInfo.Comments.NumberOfComments == "1") { articleCommentsHtml += "1 comment"; } else { articleCommentsHtml += articleInfo.Comments.NumberOfComments + " comments"; } articleCommentsHtml += ""; var dmArticleComments = document.getElementById('dmArticleComments'); dmArticleComments.innerHTML = articleCommentsHtml; // more comments link if (articleInfo.Comments.NumberOfComments > 5) { document.getElementById('dmArticleMoreComments').innerHTML = "View all " +articleInfo.Comments.NumberOfComments+ " comments »"; } } else { var updateArticleBatch = new RequestBatch(); var updateAction = new UpdateArticleAction(articleKey, pageUrl, pageTitle, slSection, slCategories); updateArticleBatch.AddToRequest(updateAction); updateArticleBatch.BeginRequest(daapiProcessUrl, autoUpdateArticleCallback); } }; function autoUpdateArticleCallback (responseBatch) { // do nothing }; function forceUpdateArticle() { var forceUpdateBatch = new RequestBatch(); var updateAction = new UpdateArticleAction(articleKey, pageUrl, pageTitle, slSection, slCategories); forceUpdateBatch.AddToRequest(updateAction); forceUpdateBatch.BeginRequest(daapiProcessUrl, forceUpdateCallback); }; function forceUpdateCallback(responseBatch) { if (responseBatch.Messages[0].Message == "ok") { alert("Article updated");} else { alert("Error: " + responseBatch.Messages[0].Message); } };

This content has passed through fivefilters.org.

Immersion Participating on Panel at 2009 SEMA Show - Consumer Electronics Net

Posted: 03 Nov 2009 07:36 PM PST

November 03, 2009 -- SAN JOSE, Calif., BUSINESS WIRE --

Immersion Corporation (NASDAQ:IMMR), the leading developer and licensor of touch feedback technology, today announced that Mike Blicher, director of business development, will participate on a seminar panel at the 2009 Specialty Equipment Market Association (SEMA) Show, the automotive specialty products trade event. The seminar will be moderated by John Waraniak, SEMA vice president of vehicle technology, and will focus on accelerating product development, deployment, acceptance and integration of automotive and consumer electronics.

What:		Driving Connected: Built-in, Brought-in and Beamed-in ' Integrating
		Automotive and Consumer Electronics.

Who:		2009 SEMA Show

When:		November 4, 2009
		9:30 a.m. ' 12:00 p.m.

Where:		Las Vegas Convention Center, Las Vegas, NV

Why:		Vehicle electrification, electronics integration and connected vehicle
		technologies are leading the way toward cars that don't crash and devices
		that don't distract. This panel will discuss the challenges and opportunities
		that lie in how effectively the auto industry can integrate these features
		and devices into vehicles.

Additionally, the Automotive Electronics Connectivity Committee (AECC) show vehicle features Immersion's TouchSense haptics technology in the navigation system, providing on-screen controls with haptic feedback to improve usability and reduce driver glance-time. The vehicle will be on display in the North Hall of the convention center.

About Immersion (www.immersion.com)

Haptic (touch) technology is the future of user experience in digital devices. Founded in 1993, Immersion harnesses human touch to create user experiences that deliver a more compelling sense of the digital world. Using one of Immersion's adaptable high fidelity haptic systems, partners can achieve a competitive advantage and greater revenue opportunities with products that are more intuitive, satisfying, efficient, and safe. With Immersion technology, world-class companies can deliver improved user experiences in products such as widely popular video games, leading video console gaming systems, advanced automotive driver controls, and award-winning mobile phones. Immersion manufactures its own line of medical simulators that incorporate touch technology. These virtual reality training tools, installed around the world, enable practitioners to improve their practice of sophisticated life-saving surgical procedures prior to operating on patients. With over 700 issued or pending patents in the U.S. and other countries, Immersion is the leading innovator in touch-enabled user experiences that bring the digital universe to life.

Immersion and the Immersion logo are trademarks of Immersion Corporation in the United States and other countries. All other trademarks are the property of their respective owners.

(IMMR ' T)

This content has passed through fivefilters.org.

Dutch ICT to acquire stake in German Harman Becker Automotive Systems - TMCnet

Posted: 03 Nov 2009 09:42 AM PST

(M&A Navigator Via Acquire Media NewsEdge) Dutch software company ICT Automatisering NV (AMS:ICT) said Monday it had reached an agreement to take over a stake in German Harman Becker Automotive Systems, which specialises in infotainment systems for the automotive industry.

The purchase will cover Harman Becker's 34 employees at the site in Hildesheim.

Following the deal, ICT expects to strengthen its business within the field of navigation and applications for the automotive market.

The terms of the acquisition were not provided.

[ Back To TMCnet.com's Homepage ]

This content has passed through fivefilters.org.

This posting includes an audio/video/photo media file: Download Now

Dollar Thrifty Automotive Group Completes Public Offering of Common ... - WKOW-TV.com

Posted: 03 Nov 2009 08:45 AM PST

TULSA, Okla., Nov. 3 /PRNewswire-FirstCall/ -- Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) announced today that it has completed its previously announced public offering of 5,750,000 shares of its common stock at a price to the public of $19.25 per share. In connection with the offering, the Company has also granted the underwriters a 30-day option to purchase up to an additional 862,500 shares of common stock.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020412/DTGLOGO)

The offering resulted in aggregate net proceeds to the Company of approximately $105 million, after deducting underwriting discounts and commissions and estimated offering expenses. The Company intends to use the net proceeds from the offering for general corporate purposes.

Goldman, Sachs & Co. and J.P. Morgan Securities Inc. acted as joint book-running managers for the offering.

The shares were offered pursuant to the Company's effective shelf registration statement on file with the Securities and Exchange Commission. The offering was made only by means of a prospectus and related prospectus supplement, which may be obtained by visiting the SEC's website at www.sec.gov or by contacting Goldman, Sachs & Co. (Attention: Prospectus Department, 85 Broad Street, New York, New York 10004; telephone: (917) 343-8000; facsimile: (212) 902-9316; email: prospectus-ny@ny.email.gs.com) or J.P. Morgan Securities Inc. (Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717; telephone: (631) 254-1735).

This press release does not constitute an offer to sell or the solicitation of an offer to buy the common stock, nor shall there be any such offer or solicitation or any sale of the common stock in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Dollar Thrifty Automotive Group, Inc.

Dollar Thrifty Automotive Group, Inc. is headquartered in Tulsa, Oklahoma. Driven by the mission "Value Every Time", the Company's brands, Dollar Rent A Car and Thrifty Car Rental, serve value-conscious travelers in over 70 countries. Dollar and Thrifty have over 600 corporate and franchised locations in the United States and Canada, operating in virtually all of the top U.S. and Canadian airport markets. The Company's approximately 6,400 employees are located mainly in North America, but global service capabilities exist through an expanding international franchise network.

SOURCE Dollar Thrifty Automotive Group, Inc.
.content>
© PR Newswire. All Rights Reserved

This content has passed through fivefilters.org.

French company buys parent of Dexter, Mo., automotive parts plant - Southeast Missourian

Posted: 03 Nov 2009 10:11 AM PST

Tuesday, November 3, 2009 ~ Updated 12:06 PM
By Noreen Hyslop ~ The Daily Statesman

EMCON Technologies, formerly Arvin Industries, will have yet another name in the near future. It was announced Monday that a European-based company, Faurecia, has acquired EMCON, making the company the world leader in emissions control technologies.

In a Monday morning release announcing the acquisition, Faurecia Chairman and CEO Yann Delebriere said, "I am pleased to welcome EMCON Technologies and its teams within Faurecia. This deal is in line with our company strategy introduced in February 2009. It reinforces our leading position on the market for emissions control technologies."

Faurecia has headquarters in Paris, France and bought the Troy, Mich., based EMCON Technologies for $435.8 million, according to company information. The purchase will double the size of Faurecia's exhaust-systems business.

The deal, which has reportedly been in the works since last April, had EMCON Technologies CEO Lee Gardner stating, "The entry of EMCON Technologies into Faurecia ... is a success for our teams and an important step in our development. It takes place at a crucial moment as the emissions control market requires strong technology developments and enjoys strong growth worldwide."

In 1973, the local exhaust emissions manufacturer opened its doors in Dexter under the name Arvin Automotive. Later the Meritor name was added to the mix and the name became ArvinMeritor, Inc. That name changed in May 2007 when One Equity Partners, a New York based firm, announced the acquisition of ArvinMeritor's Emissions Technologies Group in a $310 million transaction. ArvinMeritor then became EMCON Technologies and has operated as such until this week.

According to HR Director of the local plant, Bobby Ward, the Dexter plant currently employs 671 individuals, making it by far the largest industry in the area. Over half of EMCON's workforce experienced layoffs when the economy took a downturn over the past year. All laid-off employees, however, received a call back in late summer and into fall; and in addition, the plant hired over 100 new workers.

The completion of the current acquisition is subject to obtaining approval of antitrust authorities, and to the vote of Faurecia shareholders.

The Faurecia purchase included EMCON plants in 18 different countries, representing about 6,700 jobs.

According to Ward, there are no major changes expected to take place locally with the latest acquisition completion.

"All operations will continue as normal," Ward stated Monday.

This content has passed through fivefilters.org.