Ford Launches Tender Offer to Acquire Hertz Public Shares
DEARBORN, Mich., Feb. 2 Ford Motor Company announced that a Ford subsidiary, Ford FSG Inc., today is commencing its tender offer for any and all publicly held shares of Class A Common Stock of The Hertz Corporation . The price, announced on Jan. 16, is $35.50 a share. The tender offer will be followed by a merger trans ... Continue reading
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Team Chicago Challenge (TV Show)
Team Chicago Challenge ... Continue reading
General Motors, Ford, DaimlerChrysler, Toyota, Meet To Discuss Strategic E-Business and Telematics
LONDON, Feb. 2 Top level e-business and telematics executives from Toyota Motor Corporation, Nissan Motor Company, Hyundai Motor Company, General Motors, DaimlerChrysler, Ford, Volvo, Citroen, Dana, Covisint and Motorola meet to discuss and debate the key e-business issues for Asian automotive companies in Singapore, F ... Continue reading
DAYTON, Ohio--Feb. 2, 2001--The Reynolds and Reynolds Company today introduced ReySource(TM).com, an Internet solution that provides an additional procurement option to automotive retailers to help manage the purchase of business forms, office supplies, and other products and services in their dealership. ReySource.com ... Continue reading
Mitsubishi Motors Teams Up With EDS to Launch New, One-Of-A-Kind Real-Time Dealer Management System
'Diamond Manage(TM)' Offers Dealers Next-Generation Functionality In One Inclusive Package CYPRESS, Calif., Feb. 2 In a move expected to radically change the information technology (IT) processes currently driving U.S. automotive dealerships, Mitsubishi Motor Sales of America, Inc. (MMSA) today announced it is partneri ... Continue reading
IBM Announces Computing on Demand for Auto Dealers
LAS VEGAS--Feb. 2, 2001-- IBMPlaces.ihost.com lets dealers e-source applications as needed; New messaging technology enhances auto industry collaboration IBM announced today an expansion of its automotive business-to-business (B2B) service offering - IBMPlaces.ihost.com - to enable the more than 50,000 auto dealers wor ... Continue reading
Firestone Confirms No Single Factor In Tire Failure
NASHVILLE, Tenn., Feb. 2 Firestone today announced the completion of Dr. Sanjay Govindjee's analysis and technical report detailing why the recalled ATX and Decatur-produced Wilderness AT tires, primarily on Ford Explorers, experienced a higher rate of tread separation claims. Dr. Govindjee's findings and analysis inde ... Continue reading
Anti-Auto-Theft Organization Reports Success
Pa. Auto Theft Prevention Authority Annual Report Sent To Governor, Legislators HARRISBURG, Pa., Feb. 2 Reported vehicle thefts in Pennsylvania have steadily declined since the creation five years ago of the Pennsylvania Auto Theft Prevention Authority. This week, the anti-crime organization forwarded its fifth annual ... Continue reading
Bell & Howell Develops Internet-based Electronic Parts Catalog for Ford Franchise Dealerships
CLEVELAND, Feb. 2 Bell & Howell's Publishing Services unit, the world's leading electronic catalog management company for Original Equipment (OE) automotive parts, announced today the development of the first Internet EPC (Electronics Parts Catalog) for Ford franchise dealerships. Bell & Howell representatives will dem ... Continue reading
Bolder Technologies Retains E&Y Capital Advisors LLC to Seek Strategic Alternatives
GOLDEN, Colo., Feb. 2 Bolder Technologies Corporation announced today that it has retained E&Y Capital Advisors LLC, an affiliate of Ernst & Young LLP, to advise on future strategic alternatives for the Company including an alliance with a significant partner to provide both financing and product application expertise ... Continue reading
Delphi Automotive Systems World Headquarters Building Honored for Excellence
Delphi and Jones Lang LaSalle Management Team Win TOBY Award TROY, Mich., Feb. 2 Delphi Automotive Systems' world headquarters facility in Troy, Mich., has won the prestigious Office Building of the Year "TOBY" Award presented by the Building Owners and Managers Association (BOMA) of Metro Detroit. The "TOBY" Awards co ... Continue reading
Detroit Diesel Corporation Announces Release Of New Product to Reduce Emissions
DETROIT, Feb. 2 Detroit Diesel Corporation (DDC) announced today the commercial release of a new system that will achieve further reductions in diesel engine exhaust emissions. Earlier this year, DDC and Engelhard Corporation formed an alliance to jointly develop a new exhaust aftertreatment system, integrating Engelha ... Continue reading
Exclusive: GM to Close $332Million Deal with AvtoVAZ? just-auto.com Reports
LONDON, Feb. 2 http://www.just-auto.com -- Next week General Motors Corp may finally approve a project that has been repeatedly postponed and changed over the past six months, to make cars in Russia with AO AvtoVAZ and European Bank for Reconstruction and Development (EBRD). The report at http://just-auto.com/news_deta ... Continue reading
ORANGE, Calif.--Feb. 2, 2001--Experian, a leading provider of global information solutions, Friday announced the launch of its Auto History report (www.e-autohistory.com), a user- friendly, online resource for car buyers and sellers. Auto History is powered by Experian's National Vehicle Database, comprised of 11 billi ... Continue reading
Ford Motor Company Customers to Personalize Vehicles Online
Ford Motor Company Internet Sites Will Feature Interactive Visual Accessorization Tool Provided by EyeVelocity, Inc. DEARBORN, Mich., Feb. 2 With a focus on customer convenience, Ford Motor Company is making it possible for customers to personalize their vehicles online with an interactive visual accessorization tool f ... Continue reading
FuelNation Retains CEOcast, Inc. as its Investor Relations Firm
BOCA RATON, Fla., Feb. 2 FuelNation Inc. (OTC Bulletin Board: FLNT), a global application service provider (ASP) providing Internet-based solution management and fulfillment services to the petroleum marketing industry, announced today that it had retained CEOcast, Inc. as its Investor Relations firm. The selection was ... Continue reading
i-Incubator Announces February 13, 2001 as the Record Date for the Spin Off of Its Subsidiaries
MIAMI--Feb. 2, 2001--i-Incubator.com, Inc. (OTCBB:INQU) is pleased to announce that it has a filed a Schedule 14C Definitive Information Statement pursuant to Section 14(C) of the Securities Exchange Act of 1934 today to inform its shareholders of its intention to spin off its four wholly owned subsidiaries, i-CarAucti ... Continue reading
Preference Technologies Announces Resignation of President
LAS VEGAS--Feb. 2, 2001--Preference Technologies(TM) Inc. (OTCBB:PFER) today announced that the company has accepted the voluntary resignation of Bill Louden as president and chief operating officer today. The company also expressed appreciation for Louden's tenure of service. Preference Technologies is continuing to m ... Continue reading
S&P Asgns Rtg to Nissan Auto Receiva 2001-A Owner Tr
NEW YORK--Standard & Poor's--Feb. 2, 2001-- Standard & Poor's today assigned its ratings to Nissan Auto Receivables 2001-A Owner Trust's $982.872 million asset-backed notes (see list). The ratings reflect favorable performance trends in Nissan Motor Acceptance Corp.'s recent portfolio and securitization data and credit ... Continue reading
SPX Priced Approximately $500 Million LYONs Offering
MUSKEGON, Mich., Feb. 2 SPX Corporation today announced that it has priced its previously announced offering of 20-year Liquid Yield Option(TM) Notes (LYONs). It is anticipated that the offering will be completed on February 6, 2001. The LYONs are zero-coupon senior notes convertible into shares of SPX common stock if ... Continue reading
Supreme Industries Announces Stock Repurchase Program
GOSHEN, Ind.--Feb. 2, 2001--Supreme Industries, Inc. (AMEX:STS) announced today that it is initiating a new stock repurchase program. The Board of Directors has authorized the Company to repurchase up to 1,000,000 shares of the Company's Class A Common Stock in open market purchases or privately negotiated transactions ... Continue reading
The Timken Company Declares Quarterly Dividend
CANTON, Ohio, Feb. 2 The board of directors of The Timken Company today declared a quarterly cash dividend of 18 cents per share. The dividend is payable on March 5, 2001 to shareholders of record as of February 16, 2001. It will be the 315th consecutive dividend paid on the common stock of the company. (Photo: http:// ... Continue reading
VSI Holdings Inc. and Chrome Data Corporation Develop First Needs-Based Vehicle Selection Tool
AccuSpec(TM) Helps Consumers and Dealers Select Light-Duty Trucks Based on Needs BLOOMFIELD HILLS, Mich., Feb. 2 VSI Holdings (Amex: VIS), a leading provider of customer relationship management services, Internet/Intranet communications, education and training, and edutainment/entertainment, and Chrome Data Corporation ... Continue reading
ZAPWORLD.COM Launches Online SMARTManual(TM) for ZAPPY(R) Scooter
SEBASTOPOL, Calif., Feb. 2 ZAPPY scooter owners can now benefit from the latest in online customer support by going to ZAPWORLD.COM . ZAP is partnering with software developer OneCARE, Inc. to promote the launch of the new SMARTManual(TM) online customer support environment. OneCARE believes SMARTManual is the most sig ... Continue reading
Saab's January 2001 Sales Up 17 Percent
* Saab sales of 2,314 cars up 17% over January 2000 (1,979 cars) * Saab 9-5 sales up 46% over January 2000 NORCROSS, Ga., Feb. 2 Saab Cars USA, Inc., the U.S. importer and distributor of Saab 9-3 and 9-5 automobiles, announced sales of 2,314 cars during January 2001 - a 17 percent increase over January 2000 (1,979 cars ... Continue reading
Porsche Reports Best January in History; U.S. Sales up 7 Percent
ATLANTA, Feb. 2 Porsche Cars North America (PCNA), importer and distributor of Porsche sports cars in the United States and Canada, today announced its best U.S. January retail sales numbers since 1985 and its best North American January retail sales numbers in history. U.S. retail sales for the month totaled 2050 cars ... Continue reading
Volkswagen Reports Down January
AUBURN HILLS, Mich., Feb. 2 Volkswagen of America reported sales of 20,144 new cars in January in the United States, representing a 15.5 percent decrease over last year's January sales of 23,850. Despite the drop, the month marked the German automaker's second best January sales in the U.S. in 21 years. Volkswagen said ... Continue reading
AUBURN HILLS, Mich., Feb. 2 Audi of America, Inc. reported sales of 6,168 for the month of January, just slightly down from the January 2000 record (6,185) by a scant 17 units. It was Audi's second best January selling month ever. Audi's all-aluminum flagship A8 climbed in January with sales of 251, a 49 percent increa ... Continue reading
New Crash Test Results Available on NHTSA's World Wide Web Site
The National Highway Traffic Safety Administration's (NHTSA) latest crash test results for 2001 model year vehicles are now available on the agency's World Wide Web site: http://www.nhtsa.dot.gov. For frontal impact, the Chrysler Sebring four-door, Dodge Stratus four-door, Ford Crown Victoria four-door, Lincoln LS four ... Continue reading
Ward's Reports Estimated Production
SOUTHFIELD, Mich., Feb. 2 Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 292,687 units, up from the 270,493 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now totals 1,352,422 vehi ... Continue reading
Toyota Lowers Price of 4Runner Sport Utility Vehicle
TORRANCE, Calif., Feb. 2 Toyota Motor Sales (TMS), U.S.A., Inc. has reduced prices for its 4Runner mid-size sport utility vehicle (SUV) to offer great value similar to the all-new Toyota Highlander mid-size SUV that went on sale in mid-January. Highlander joins 4Runner to give Toyota a diverse, dual-entry in the mid-si ... Continue reading
Toyota Says: We Are Not Interested in Buying Troubled DaimlerChrysler TOKYO AFX-ASIA reported that the Toyota Motor Corp said it has "absolutely no interest" in buying DaimlerChrysler AG or any other major automaker. "Toyota has absolutely no interest whatsoever in trying to purchase or purchasing DaimlerChrysler," spo ... Continue reading
Mazda Launches Japan's First On-line Built-to-OrderCars
Ford’s Mazda Launches Japan’s First On-line Built-to-Order Cars TOKYO, Feb. 1 Kyodo News Service reported that the Mazda Motor Corp. said it will begin producing the Roadster light-weight sports car and the Familia S-WAGON this week on orders through the internet , becoming the first Japanese automaker to l ... Continue reading
Crain Communications Expands Olay
DETROIT, Feb. 1 Crain Communications Inc. has made its first expansion into Latin America with the acquisition of three business publications in Mexico. Included in the acquisition are the weekly El Asesor de Mexico and the bi- weekly El Asesor de Monterrey, regional business publications covering the local business co ... Continue reading
Mitsubishi Motors 15.2% Increase in January Sales
Momentum Carries Over From Record Breaking Year To Yield January Sales Success CYPRESS, Calif., Feb. 1 Mitsubishi Motor Sales of America, Inc. (MMSA) is off to a strong start in 2001 with brisk sales of cars and SUVs in January. Fueled by the popularity of the Montero luxury SUV and the Eclipse Spyder convertible, MMSA ... Continue reading
Former GE Exec. TRW Chief Executive Officer
Business Editors CLEVELAND--Feb. 1, 2001--David M. Cote, 48, today became the new chief executive officer of TRW Inc. , pledging to focus his energies on leveraging the corporation's vast technologies, to improve the company's stock price, and to give the 100-year-old corporation the nimbleness to grow in the demanding ... Continue reading
Raudman Hopes to Get the PIR Monkey Off His Back
FOR IMMEDIATE RELEASE Contacts: Dave Reed Dave Reed Racing 800/245-5299 dr@advantagememory.com Barbara Evans Evans-MMPR 818/920-0527 evansmmpr@earthlink.net RAUDMAN HOPES TO GET THE PIR MONKEY OFF HIS BACK Rancho Santa Margarita, California (January 30, 2001) - Phoenix International Raceway has never been easy on Craig ... Continue reading
Martino Looks for a Repeat Performance in Pomona
(Note: The following is attached in text format for your convenience.) Contact: Jon G. Knapp Phone: (704) 662-3121 Fax: (704) 662-3021 MARTINO LOOKS FOR A REPEAT PERFORMANCE IN POMONA Century 21® Racing Team prepares to open 2001 season at the AutoZone Winternationals Parsippany, N.J., January 29, 2001 - As the time ... Continue reading
Speedway Motorsports to Benefit Significantly From Landmark NASCAR Ancillary Rights Package
CONCORD, N.C., Feb. 1 Speedway Motorsports today announced a significant estimated economic impact on its earnings from the NASCAR Broadcast Ancillary Rights Package, ("Ancillary Rights Package"). "We recently met with NASCAR and were given the details on the Ancillary Rights Package which totals more than $245 million ... Continue reading
ROLEX 24: Wet track conditions, cautious qualifying at Rolex 24
To: Editor Motorsports For Immediate Release act: Bob Carlson (770) 290-3676 Andy Schupack (401) 739-5677 cell at the track (917) 864-8767 Fred Hammond (201) 750-3533 Photo alert: We have high resolution photos available via e-mail (or on disk, for those of you who are here at Daytona) of most of the top Porsche compet ... Continue reading
CART: FedEx Championship Series Happenings, Notes and Quotes from CART
Posted By Terry Callahan Motorsports Editor, The Auto Channel Since the conclusion of Sneak Preview at California Speedway two weeks ago, Champ Car teams have returned their focus to preparing for the upcoming FedEx Championship Series campaign through test sessions. Walker Racing was the first team to return to testin ... Continue reading
Northern Light IRL: Fittipaldi, Granatelli, Cooper earn American Racing Honors
Posted By Terry Callahan Motorsports Editor, The Auto Channel INDIANAPOLIS -- Three of the great names in Indianapolis 500 history are among nine “Heroes of Horsepower” 2001 inductees into the Motorsports Hall of Fame of America in Novi, Mich. Two-time champion Emerson Fittipaldi, renowned car owner Andy Gr ... Continue reading
Northern Light IRL: Indy Racing Northern Light Series Notebook
Posted By Terry Callahan Motorsports Editor, The Auto Channel INDIANAPOLIS - Indy Racing Northern Light Series standout Scott Sharp will serve as one of the expert analysts for the ESPN broadcasts of the True Value International Race of Champions Racing Series this year. Sharp finished seventh in the Northern Light Cup ... Continue reading
NASCAR WCUP: Baldwin’s History at Martinsville Could Be A Plus For Burton, Dodge
Posted By Terry Callahan Motorsports Editor, The Auto Channel MARTINSVILLE, VA – Winston Cup crew chiefs don’t ever like to look past the Daytona 500. That has been especially true this winter for crew chiefs of the Dodge teams who will bring the manufacturer back into the sport after an absence of more tha ... Continue reading
NHRA: Team Jeg's ready to improve
Posted By Terry Callahan Motorsports Editor, The Auto Channel NHRA's most competitive professional class started the '01 NHRA Winston Drag Racing season today. The first of four scheduled qualifying session took place at Pomona Raceway for the NHRA AutoZone Winternationals. Troy Coughlin was the first of the two identi ... Continue reading
NHRA: Jeg's Truck will be ready Friday
Posted By Terry Callahan Motorsports Editor, The Auto Channel The Pro Stock Truck class was the first professional class to officially begin the '01 NHRA Winston Drag Racing season. After the first of four scheduled qualifying sessions Mike Coughlin and his yellow and black Jeg's Mail Order Chevy S-10 are resting in th ... Continue reading
NHRA: Toliver leads Funny Car Qualifying at Autozone Winternationals
<STRONG><A HREF="mailto:sports@theautochannel.com">Posted By Terry Callahan</A><BR> Motorsports Editor, <EM>The Auto Channel</EM></STRONG><P> <STRONG>POMONA, Calif.</STRONG> - Jerry Toliver led Funny Car qualifying Thursday at the 41st annual AutoZone Winternationals at Pomona Raceway, NHRA's 50th Anniversary season-op ... Continue reading
Hyundai January Sales Up 50% Over Last Year
FOUNTAIN VALLEY, Calif., Feb. 1 Hyundai Motor America today announced sales of 22,258 vehicles for the month of January, up 50 percent over the previous year. "Last year was our best in the past 10 years and our strong January sales indicate that Hyundai's sales momentum is continuing into 2001," said Robert Cosmai, vi ... Continue reading
Mazda Sales Zoom Zoom Ahead in January
IRVINE, Calif., Feb. 1 One month ago, Mazda North American Operations kicked off the New Year by announcing record sales for the month of December. Despite projections for an industry-wide sales downturn, Mazda today announced an increase of 33.4 percent for the month of January. This is Mazda's best January sales incr ... Continue reading
Experian and SRC Offering Vehicle Make/Model and Demographic Data by Any U.S. Geography
Online Subscription Service Produces Reports and Maps Instantly ORANGE, Calif., Feb. 1 Experian and SRC, LLC, will debut a web-based vehicle information service this week at the National Automobile Dealers Association convention in Las Vegas. The subscription service, http://Auto.DemographicsNow.com, allows users to in ... Continue reading
Acura Starts the New Millennium With a Bang; Best-Ever January Breaks Ten-Year Record
TORRANCE, Calif., Feb. 1 Acura posted its best ever January with sales of 12,391, a 38.4% jump from January of last year. The previous January record of 10,087, set in 1990, was bettered by more than 22% this month as Acura continued to gain momentum on the strength of core new models including the 3.2 TL sedan, 3.2 CL ... Continue reading
Strong Suzuki Sales Start Year 31 Percent Ahead; Suzuki Unaffected by Industry Sales Decline
BREA, Calif., Feb. 1 Beginning the new year with strong sales, American Suzuki Motor Corporation posted a 31-percent increase over January 2000. The XL-7 recorded 1,092 sales in its first month on the market, while the Grand Vitara posted 1,273 sales for January. The Esteem Sedan and Wagon started the year with 1,027 s ... Continue reading
Lexus Kicks Off New Year with Record Sales; Car Sales Up 56.7 Percent
TORRANCE, Calif., Feb. 1 Following a record year in 2000, Lexus posted best-ever January sales of 15,623, up 13.3 percent from the same period last year. Record sales were led by strong passenger car sales with 8,955 units sold, up 56.7 percent from 2000. The new IS 300 compact sport sedan posted sales of 1,475, while ... Continue reading
Saab Cars USA Creative to Swedish Firm
NORCROSS, Ga., Feb. 1 Saab Cars USA, Inc. has announced plans to transition its advertising creative development to Lowe Brindfors, a Swedish agency based in Stockholm, Sweden and part of the Lowe Group. Lowe Brindfors will open an office in the Atlanta area to fully support the creative development and production for ... Continue reading
Ford to Donate $250,000 to Detroit Branch NAACP Fight for Freedom Fund Dinner
DEARBORN, Mich., Feb. 1 Ford Motor Company will donate an unprecedented $250,000 to the 46th annual Detroit event. Jacques Nasser, CEO & President, Ford Motor Company, will serve as General Chair of this year's dinner. Detroit's branch of the National Association for the Advancement of Colored People (NAACP) touts the ... Continue reading
Sales of 12,690 Second-Best January Ever for Mercedes-Benz USA
MONTVALE, N.J., Feb. 1 Following December's all-time sales record, Mercedes-Benz USA, Inc. (MBUSA) reported sales of 12,690 new vehicles during the month of January 2001, a 7 percent decrease over last year's January 2000 sales record of 13,647. This represents the second-highest January sales volume ever by MBUSA and ... Continue reading
All-New Freelander, Along With 2001 Range Rover And Discovery Series II Models, Is On Display Through Feb. 4 PORTLAND, Ore., Feb. 1 Attendees of the 2001 Portland International Auto Show, which opens to the public today, will get an early look at the prestigious, all-new Freelander, a small, premium Land Rover sport-ut ... Continue reading
HOLLAND, Mich., Feb. 1 Clarion Technologies, Inc. today announced it has appointed Joe G. Ball, who has more than 25 years' sales and marketing experience, as the Company's Vice President of Sales and Marketing. Mr. Ball joins Clarion after 16 years with GE Plastics, an operating unit of General Electric Co. and global ... Continue reading
SPX Increases its Bank Facility by $425 Million
MUSKEGON, Mich., Feb. 1 SPX Corporation today announced that it has completed the amendment to its senior secured credit facility. The amendment provides for an additional term facility in the amount of $300 million maturing on December 31, 2007, and increases the existing revolving credit facility by $125 million. JP ... Continue reading
Mitsubishi Motors Off to a Strong Start in 2001 With 15.2% Increase in January Sales
Momentum Carries Over From Record Breaking Year To Yield January Sales Success CYPRESS, Calif., Feb. 1 Mitsubishi Motor Sales of America, Inc. (MMSA) is off to a strong start in 2001 with brisk sales of cars and SUVs in January. Fueled by the popularity of the Montero luxury SUV and the Eclipse Spyder convertible, MMSA ... Continue reading
Mitsubishi Motors Reaches Milestone of 2 Million Vehicles Assembled in U.S.
2001 Eclipse GT Is Symbol of Progress in 12 Years Of Production at Mitsubishi Motor Manufacturing of America, Inc. NORMAL, Ill., Feb. 1 More than 1,500 first-shift employees cheered the two millionth car assembled at Mitsubishi Motor Manufacturing of America, Inc. (MMMA) today as a 2001 silver Eclipse GT was driven off ... Continue reading
SPEEDFEST 2001: Drivers and Teams Take to Track in Lengthy Practice Session
Posted By Terry Callahan Motorsports Editor, The Auto Channel LAKELAND, FL -- A relatively uneventful day of practice was welcomed by the 75 plus teams which took to the track Wednesday afternoon and evening for the initial practice session leading to this weekends SPEEDFEST 2001. While there were no serious incidents, ... Continue reading
WATCH-OUT! Study Estimates 14% of Drivers Are Uninsured
MALVERN, Pa., Feb. 1 The chances are about 14 in 100 that, if an insured car occupant is injured in an auto accident in the U.S., an uninsured motorist caused the accident, according to a recent Insurance Research Council (IRC) study. However, the problem varies widely from state to state. Uninsured Motorists 2000 Edit ... Continue reading
Dealers Who Screen Find Barrel's Bad Apples
CHATSWORTH, Calif.--Feb. 1, 2001--The results of a study released Thursday indicate auto dealerships may be more at risk for bad hires than employers in other industries. Statistics showed 14.2 percent or about 1 in 7 applications submitted for screening by dealerships turned up criminal records, whether felony or misd ... Continue reading
Federal-Mogul Reports Fourth Quarter Results
SOUTHFIELD, Mich., Feb. 1 Federal-Mogul Corporation today announced fourth quarter sales of $1,348 million compared to $1,574 million in 1999. In line with the company's announcement on January 22, Federal-Mogul reported a fourth quarter loss of $(.99) per share from operations versus earnings of $.87 per share from op ... Continue reading
Volkswagen Announces Value Price Reduction for Its 2001 EuroVan
AUBURN HILLS, Mich., Feb. 1 Volkswagen announced a major price realignment for its passenger vans sold in the U.S., with its 2001 EuroVan being priced below minivans that offer less space and a fraction of the versatility. While adding standard equipment and improving performance, Volkswagen will reduce the price of th ... Continue reading
InfoGation at Microsoft Car.NET event
Hi Please find below the latest news as InfoGation displays its latest on- and off-board navigation solutions at the upcoming 2001 First European Microsoft Automotive and Telematic Conference, Munich, Germany, February 5-6, 2001. To find out more about these applications, please visit www.infogation.com or contact myse ... Continue reading
Land Rover North America 2001 U.S. Sales Figures of 1,503 Units
LANHAM, Md., Feb. 1 Land Rover North America, Inc. has posted Jan. U.S. sales of 1,503 units. A total of 371 Range Rovers and 1,132 Discovery Series IIs were sold in the U.S. in Jan. 2001. ... Continue reading
BMW Records 10 Percent Increase in January
WOODCLIFF LAKE, N.J., Feb. 1 BMW of North America, Inc. reported another "best January" on record with sales of 13,708 vehicles, compared to 12,480 sold a year ago, an increase of nearly 10 percent over the number of vehicles sold a year ago. BMW reported automobile sales of 10,679 compared to 11,644 in January 2000. S ... Continue reading
Dana Will Supply Piston Rings for First Engine of Renault-Nissan Alliance
POISSY, France, Feb. 1 Dana Corporation's Perfect Circle Europe Division has been chosen to be a pilot supplier for Renault-Nissan's first diesel engine. (Photo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) The engine is part of the first common platform for the Nissan Micra, scheduled to begin production in the ... Continue reading
Pennzoil-Quaker State Company Announces Dividend
HOUSTON, Feb. 1 The board of directors of Pennzoil-Quaker State Company has declared a quarterly dividend on its common stock of 18.75 cents per share, payable March 15, 2001, to stockholders of record on February 28, 2001. ... Continue reading
Major Automotive to Purchase L.I. NY Daewoo Dealership
KEW GARDENS, N.Y.--Feb. 1, 2001-- Acquisition Will Mark the Company's First Daewoo Dealership And Seventh Hempstead Acquisition Major Continues To Strengthen Its Long Island Presence Fidelity Holdings, Inc. , today announced that it has agreed to purchase, via its Major Automotive division, the Daewoo factory dealershi ... Continue reading
Click It or Ticket Credited with Dramatic Increases in Seat Belt Use WASHINGTON, Feb. 1 The National Safety Council honored South Carolina Governor Jim Hodges today in a ceremony in Columbia, S.C., for his outstanding leadership in a ground-breaking seat belt campaign that is saving lives. The Click It or Ticket campai ... Continue reading
Oshkosh Truck Expands Parts Ordering and Support to the Internet
OSHKOSH, Wis.--Feb. 1, 2001-- New Web Site Speeds Truck Parts Identification and Buying for Commercial Customers Oshkosh Truck Corporation is expanding availability of truck parts manuals and ordering to the Internet, beginning February 15, 2001. The company has converted the paper parts manuals for most of its commerc ... Continue reading
Ford Motor Company's January U.S. Sales Decline 11%
DEARBORN, Mich., Feb. 1 U.S. customers purchased or leased 260,108 cars and trucks from Ford, Mercury, Lincoln, Jaguar, Volvo, and Land Rover dealers in January, down 11 percent from a year ago. "We knew January sales would be down from last year's extraordinarily strong level," said Bob Rewey, Ford Motor Company Group ... Continue reading
DETROIT, Feb. 1 UAW President Stephen P. Yokich will kick off the UAW's legislative conference on Sunday, February 4 at 7 p.m.. Also addressing the 1,500 local union delegates from the UAW's Community Action Program (CAP) at the opening session will be Senator Edward Kennedy. The conference, which lasts from Sunday eve ... Continue reading
IRVINE, Calif., Feb. 1 After posting record sales of more than 160,000 units in 2000, Kia has started strong in 2001 with vehicles sales of 12,513 in January. That number represents a 53 percent increase over January 2000. The Rio subcompact sedan led the way with 3,288 units sold, followed by Sephia sales of 3,184. In ... Continue reading
American Honda Sets New January Sales Records
TORRANCE, Calif., Feb. 1 American Honda January vehicle sales of 86,174 set a new record for the month and were up 11.1 percent from last year's record, according to sales figures released today by American Honda Motor Co., Inc. Contributing to the mark were record January sales for the Honda Accord and Odyssey, Acura ... Continue reading
Daewoo Sales Continue to Grow With Modest January Increase
COMPTON, Calif., Feb. 1 Daewoo Motor America continues its momentum in the first month of the 2001 calendar year by posting sales gains over December 2000. With January retail sales of 5103 Daewoo sales were up by 11% over its December 2000 sales of 4602 units. D.J. Lee, President and CEO of Daewoo Motor America stated ... Continue reading
Infiniti Announces January Sales Figures Down 21.9%
CARSON, Calif., Feb. 1 Infiniti, the luxury division of Nissan North America, Inc., today reported January sales of 5,300 units, a decrease of 21.9 percent versus last year. Infiniti's flagship Q45 luxury performance sedan reported an 8.9 percent increase over the same period last year with sales of 409 units. As the v ... Continue reading
Nissan Reports January Sales Down 4.4%
CARSON, Calif., Feb. 1 Nissan Division today posted a 4.4 percent decrease in car and truck sales last month compared with sales in January 2000. Sales of the supercharged Frontier compact pickup truck helped keep momentum rolling in Nissan truck sales. Combined U.S. sales for Nissan and Infiniti divisions totaled 50,4 ... Continue reading
Toyota Reports January Sales- Lexus Division Posts Best-Ever January
TORRANCE, Calif., Feb. 1 Toyota Motor Sales (TMS), U.S.A., Inc., today reported January sales of 118,120 vehicles, a decrease of 11.4 percent from last year's best-ever January. "Consumers have adopted a firm, wait-and-see attitude as confidence in the economy continues to slip," said Jim Press, TMS executive vice pres ... Continue reading
Subaru Kicks Off 2001 With Best January Total Sales Since 1986
CHERRY HILL, N.J., Feb. 1 Subaru of America, Inc. (SOA) today announced its sales figures for the month of January, recording a sales total of 12,864 units, an increase of 3 percent from 2000 totals for the same period. This represents the best total January sales for Subaru of America, Inc. since 1986. Subaru Outback ... Continue reading
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