News: Automotive equipment

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2003

 

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Autoliv Correction

12/18/2003 3:56 AM EST  -   Autoliv
Autoliv Corrects:
Autoliv Declares Dividend and Calls Stockholders Meeting

(Stockholm, Dec. 17, 2003) -- Autoliv Inc. (NYSE: ALV and SSE: ALIV),
the worldwide leader in automotive safety, has declared the next
quarterly dividend to shareholders which will amount to US$ .15 per
share of common stock and be payable on Thursday March 4, 2004, to the
Autoliv stockholders of record of...

Autoliv declares Dividend and Calls Stockholders Meeting

12/18/2003 3:26 AM EST  -   Autoliv
Autoliv Raises Dividend and Calls Stockholders Meeting

(Stockholm, Dec. 17, 2003) -- Autoliv Inc. (NYSE: ALV and SSE: ALIV),
the worldwide leader in automotive safety, has decided to increase its
quarterly dividend to shareholders by 13% to US $.17 per share of common
stock from $.15. This is the third time in the last 12 months that
Autoliv raises its dividend. The new dividend will...

Czech government confirms Gripen selection

12/17/2003 5:23 PM EST  -   Gripen International
Czech government confirms Gripen
selection

The government of the Czech Republic at a cabinet meeting today has
confirmed the recommendation of its evaluation committee to select
Gripen as the interim air defence solution to meet the Czech Republic's
national and NATO needs.

Gripen will replace the Russian MIG 21 aircraft currently operated by
the Czech Air Force.

Truck deliveries - November 2003

12/16/2003 9:09 AM EST  -   Volvo
Deliveries of trucks from the Volvo Group to date this year declined 3%,
compared with the year-earlier period. Mack Trucks was down 23% and
Renault Trucks declined by 7%. However, Volvo Trucks posted an increase
of 8%.

On a 12-month rolling basis, total order bookings for the truck brands
were up 3% compared with the preceding year, with Europe 1% lower and
North America down...

Scania XPI - the fuel injection system of the future

12/12/2003 9:00 AM EST  -   Scania
Scania XPI - for extra high-pressure injection - paves the way for
emission levels beyond what is possible with today's diesel technology.
The new high-pressure injection system is being developed jointly with
US engine manufacturer Cummins. Scania XPI enables Scania to focus on
offering the best possible operating economy, while leading the market
in environmental concern, performance and...

Volvo Trucks receives order for 281 trucks from Sainsbury's

12/11/2003 4:00 AM EST  -   Volvo
Volvo Trucks in the UK has received an order for 281 trucks from the Sainsbury's food retailer chain. Deliveries will begin in the first quarter of 2004.

Sainsbury's is one of the leading food retailer chains in the UK, with more than 500 stores and 145,000 employees.

The current order comprises Volvo FM12 tractor trucks powered by 380- and 420-hp engines and Volvo FM9 flatbed trucks with...

Volvo Buses to close Aabenraa plant

12/10/2003 3:46 AM EST  -   Volvo
Volvo Buses is to close its bodybuilding plant in Aabenraa, Denmark. The
formal decision was taken yesterday 9 December by the board of Aabenraa
Karosseri A/S. In all, about 200 employees will be affected by the
closure.

Volvo Buses has suffered substantial losses in recent years due to a
severe decline in demand in several markets, not least in Denmark.

As a result, Volvo...

Volvo Aero is partner in General Electric's new LMS100TM gas turbine

12/10/2003 2:00 AM EST  -   Volvo
Volvo Aero is a partner in the new LMS100 TM gas turbine that General Electric presented at the Power-Gen 2003 trade show in Las Vegas. Volvo Aero will deliver a number of key components to the new environmentally friendly gas turbine, which is expected to gain a highly important role in the power generation industry.
"This is a highly significant agreement for Volvo Aero and a broadening of our product range,"...

Autoliv to Appeal Court Ruling

12/8/2003 11:02 AM EST  -   Autoliv
(Stockholm, December 8, 2003)

Autoliv believes that it has met all its obligations under the contract
and will appeal the decision. Autoliv is confident that the decision
will be reversed.

The matter is expected to have no material effect on Autoliv's financial
results.

Inquiries:
Lars Westerberg, President & CEO, Autoliv Inc. Tel +46 (705) 91 10 37
Mats...

AB Volvo and Volvo Cars hold new Volvo Baltic Race

12/8/2003 4:01 AM EST  -   Volvo
Last summer's Volvo Baltic Race was a success in terms of the sport of sailing, public interest and media coverage. As a result, AB Volvo and Volvo Car Corporation have decided to once again be the title sponsors for the event in 2004.
"The competition is an extremely important complement to the Volvo Ocean Race and reinforces Volvo's position as a long-term sponsor for the sport of sailing," says Anders...