CART FedEx Championship Happenings
Notes and Quotes from Championship Auto Racing Teams The first demonstration laps were turned last Tuesday on the new road circuit at Fundidora Park in Monterrey, Mexico, site of the March 11 Tecate Telmex Monterrey Grand Prix Presented by Herdez, season-opener of the 2001 FedEx Championship Series. Champ Car drivers J ... Continue reading
F1: Victory's and Rescues ... Continue reading
GUMBALL 3000 ... Continue reading
ADVISORY/Technology for Bad Weather Driving
-- As winter winds up in most of the country, spring rains bring with it potentially dangerous driving conditions. Fortunately technology now exists to make even the most treacherous terrain more manageable. General Motors explains. You can reach the story directly by going to http://www.newstream.com/cgi-bin/display_s ... Continue reading
AMETEK Declares Quarterly Dividend of Six Cents Per Share
PAOLI, Pa., Feb. 21 The board of directors of AMETEK Inc. today declared a regular quarterly dividend of six cents per share for the first quarter ending March 31, 2001. The first quarter dividend is payable March 30, 2001, to shareholders of record March 16, 2001. CONTACT: William J. Burke of AMETEK, 610-889-5249. ... Continue reading
Atlantic Motors and ITIC Open New General Motors Dealer Facility in Krasnoyarsk, Russia
FAIRFAX, Va.--Feb. 21, 2001--The year 2001 marks the opening of Atlantic Motors' new 25,000 sq. ft. dealership facility, devoted to sales, parts and service operations. The new dealership, designed to fully meet G.M.'s basic requirements and layout specifications, demonstrates a long-term commitment to the region. ... Continue reading
Atlantic Motors and ITIC Open New General Motors Dealer Facility in Krasnoyarsk, Russia
FAIRFAX, Va.--Feb. 21, 2001--The year 2001 marks the opening of Atlantic Motors' new 25,000 sq. ft. dealership facility, devoted to sales, parts and service operations. The new dealership, designed to fully meet G.M.'s basic requirements and layout specifications, demonstrates a long-term commitment to the region. ... Continue reading
Automotive Engineers and Ford Motor Company Use Roadside Billboards to Get Kids in Booster Seats
DEARBORN, Mich., Feb. 21 As part of an educational blitz to reduce the risk of injury or death by getting children to ride in booster seats, the Society of Automotive Engineers (SAE International) announced today that roadside billboards coast-to-coast will carry a reminder about this safety-smart practice. SAE joins a ... Continue reading
AutoTradeCenter Announces Third Quarter Results
AutoTradeCenter has released its third quarter report, for the period ended Dec. 31, 2000. This report reflects the company's successful transition to a solely Internet remarketing business, with the sale of its wholesale operations in New Mexico, Texas and Oregon. The report also states a debt reduction of over $5 mil ... Continue reading
Autoweb.com Redesigns Competitive Comparison Tool for Lexus
Toyota/Lexus Renews Its Long-standing Relationship With Autoweb's AIC SANTA CLARA, Calif., Feb. 21 Autoweb.com, Inc. , the leading consumer automotive Internet service ( http://www.autoweb.com ), today announced that it has renewed its relationship with Toyota/Lexus through the year 2002 for license of Autoweb's Automo ... Continue reading
BRACKNELL, Berkshire--Feb. 21, 2001--Avis Europe plc, the leading car rental company in Europe, Africa, the Middle East and Asia, announces the appointment of Malcolm Miller as non-executive Director effective February 21, 2001. Malcolm is Chief Executive of Pace Micro Technology plc, a pioneer of digital technology fo ... Continue reading
DULUTH, Ga., Feb. 21 Purchasing the world's most prestigious sport-utility vehicle just became easier in the Atlanta area with the opening of Land Rover Gwinnett, one of the newest Land Rover retail outlets in the U.S. Land Rover Gwinnett opened for business in the Atlanta area last month. This new auto retailer is one ... Continue reading
MARKHAM, Ontario--Feb 21, 2001--Environmental Solutions Worldwide, Inc. (ESW) (OTCBB:ESWW), a multi-national company that develops, manufactures and markets environmental technologies, today announced that its next generation Enviro-Cat(TM) 3-way catalyst design has successfully completed performance trials, which were ... Continue reading
Federal-Mogul Declares Dividend on Trust Convertible Preferred Stock
SOUTHFIELD, Mich., Feb. 21 The Board of Directors of Federal-Mogul Corporation today declared the quarterly cash dividend of $.875 per share on the outstanding shares of 7% Trust Convertible Preferred Stock of the Corporation, payable March 1, 2001 to shareholders of record at the start of business on February 28, 2001 ... Continue reading
Ford Motor Company and UPS Logistics Group Ahead of Schedule In Vehicle Delivery Improvements
DEARBORN, Mich., Feb. 21 Ford Motor Company today announced that its 12-month-old alliance with UPS Logistics Group, a subsidiary of United Parcel Service , has successfully sliced vehicle transport time by 26 percent, or four days. The initiative is six months ahead of schedule and winning praise from Ford dealers. "W ... Continue reading
Jarrett/Favre Driving Adventure Testing HANS System
ORLANDO, Fla., Feb. 21 The Jarrett/Favre Driving Adventure, Inc. (OTC Bulletin Board: JVTT), an entertainment-based driving school company that offers driving and riding programs at 16 famous NASCAR race tracks nationwide, today announced that it will test and make available to drivers and riders the Head and Neck Supp ... Continue reading
HOUSTON, Feb. 21 James J. Postl, president and CEO of Pennzoil-Quaker State Company spoke today at the "Undiscovered Gems" Small Cap Value Stock Research Conference, sponsored by Trusco Capital Management. Postl emphasized that Pennzoil-Quaker State is a focused consumer products company with a vision to be consumers' ... Continue reading
Pro Roads Systems Announces Argentina Road Project
ABBOTSFORD, British Columbia--Feb. 21, 2001--Pro Roads Systems, Inc. (Pink Sheets:PRRO) ("Pro Roads"), a company founded to foster the development, marketing and manufacturing of innovative products, technologies and services to various infrastructure markets worldwide, wishes to announce the Company has implemented th ... Continue reading
Statement from Steve Handschuh, President, NAPA AUTO PARTS Regarding Dale Earnhardt
ATLANTA, Feb. 21 "The Daytona 500 was a bittersweet experience for the NAPA family. We are proud of Michael Waltrip's extraordinary race to the Winner's Circle, but we are deeply saddened by the passing of our good friend and business partner, Dale Earnhardt. Dale Earnhardt is the reason NAPA is a Winston Cup sponsor a ... Continue reading
Tower Automotive Partners with Cotelligent
Cotelligent, an IT solutions company, recently announced that they have completed human resource work for Tower Automotive. Tower, a producer of assemblies and modules for vehicle structures and suspension systems for automotive manufacturers, selected Cotelligent to develop a single, internal, integrated global soluti ... Continue reading
WRG's 4th Annual Automotive Lease Residual Forum
NEW YORK--Feb. 21, 2001--World Research Group proudly presents its 4th Annual Automotive Lease Residual Forum, April 25-27, 2001, in Chicago, IL. Automotive lease residuals are becoming a major challenge in the automotive finance industry. The ability and methodology to predict end of lease portfolio revenues and losse ... Continue reading
SAE SoCal: March 2001 Section Newsletter (pdf attachment)
We apologize to anyone who may have received their February newsletter late this month. This is sometimes the nature of a 100% volunteer operation, coupled with the slowness of bulk mail. Attached is an early edition of the March newsletter that includes two great events. On Tuesday March 13th, we'll have our section m ... Continue reading
IRVINE, Calif., Feb. 21 Autobytel.com today announced that it reached an agreement with General Motors Corp. to conduct a 90-day test of a new GM online locate-to-order business model. This model involves special modification of the Autobytel.com website for consumers from a particular geographic area who seek specific ... Continue reading
FORBES.COM ANNOUNCES LIFESTYLE LAUNCH
Today Forbes.com celebrates the launch of its new Lifestyle section, which provides site users with service-oriented, entertaining coverage of the high-end real estate, collecting and vehicles worlds. The press release is attached. To visit Lifestyle, you can enter http://www.forbes.com/lifestyle. ... Continue reading
Insurance Auto Auctions Expands Geographic Reach Through New Locations In Pennsylvania
SCHAUMBURG, Ill., Feb. 21 Insurance Auto Auctions, Inc. , a leading provider of automotive salvage and claims processing services in the United States, today announced the opening of a new greenfield location that will serve Philadelphia, Eastern Pennsylvania, and Northern Delaware from its base outside of Philadelphia ... Continue reading
One Litre Car Sales Soar in Brazil Says just-auto.com
LONDON, Feb. 21 http://www.just-auto.com -- The market share today of one-litre models in Brazil has soared to 73.5% compared with just 4.3% 10 years ago. This growth is the result of a special industrial product tax (IPI) which is applicable only to one-litre models known as "popular cars." The report on the Brazilian ... Continue reading
Rockford Corporation Invites You to Join Its Fourth Quarter 2000 Results Conference Call on the Web
TEMPE, Ariz., Feb. 21 In conjunction with Rockford Corporation Fourth Quarter 2000 results earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on February, 28 2001 at 4:30 PM EST with Gary Suttle, President and Chief Executive Officer and Jim Thomson, Vice Pr ... Continue reading
New Cab Interior Focused on Driver Comfort and Convenience
Improved ergonomics, contemporary styling, an improved HVAC system and additional storage are key features of Kenworth's new cab interior for its T600, T800, W900 and C500 models announced today. "Kenworth places a great deal of emphasis on building trucks that are comfortable and convenient for drivers," said Ed Caudi ... Continue reading
Akzo Nobel Acquires Refinishes Business From MAC Specialty Coatings
Akzo Nobel has acquired the vehicle refinishes business of MAC Specialty Coatings in the US. The deal includes the U-Tech product line for the fleet, truck and bus markets, which Akzo Nobel has distributed exclusively since March 1999. Financial details were not disclosed. "This acquisition strengthens Akzo Nobel's ove ... Continue reading
Ugly Duckling Reports Financial Results for 2000
Ugly Duckling Corporation reported its fourth quarter and full year 2000 financial results. Quarter over Quarter Results For the three months ended December 31, 2000, the Company reported a loss from continuing operations of $2,451,000, or $(0.20) per diluted share, compared with earnings from continuing operations for ... Continue reading
Collins & Aikman Announces Results for Q4 and Year Ended Dec 31, 2000
Collins & Aikman Corporation today reported fourth quarter and annual results for its fiscal period ended December 31, 2000. For the current fiscal quarter, the Company reported sales of $436.8 million, operating income of $2.0 million and a net loss of $15.9 million, or ($0.26) per diluted share. Operating income in t ... Continue reading
Lithia Motors Reports Net Profit in 2000
Lithia Motors, Inc. Net profit for the full year of 2000 rose 27% to $24.31 million compared to $19.17 million in 1999 or $1.76 per share on 13.8 million diluted shares outstanding in 2000 vs. $1.60 per share on 12.0 million diluted shares in 1999. Cash flow per diluted share (net income plus depreciation and amortizat ... Continue reading
Global Technovations Announces Fiscal 2001 First Quarter Results
Global Technovations, Inc. reported a net loss of $2,869,540 for the fiscal 2001 first quarter ended December 31, 2000, compared with a loss of $1,414,438 in the year-ago quarter. Results for fiscal 2001's first quarter include operations of Onkyo America, Inc. ("OAI"), acquired on August 31, 2000. Total revenue, inclu ... Continue reading
Microsemi Receiving Orders for Mobile Info Auto Backlight Circuits
Patented dimming technology adopted by European automotive customers -- Insta-Brite(TM) lamp striking method works in sub-zero temperatures -- New orders expected to surface in high-end 2002 model year cars -- Demand accelerating earlier than expected Microsemi Corp. announced today that orders are accelerating for its ... Continue reading
2001 Philadelphia International Auto Show Shatters Attendance Records!
The Automobile Dealers Association of Greater Philadelphia today announced record-breaking attendance results for the 2001 Philadelphia International Auto Show, which parked at the Pennsylvania Convention Center from February 3-11. The auto show broke attendance records on seven of the nine show dates, including openin ... Continue reading
ALPNET Announces 2000 Results and Reports on Strategic Initiatives
ALPNET, Inc., a leading provider of multilingual information management solutions to Global 1000 companies, announced unaudited results for 2000. Sales of services for the year ended December 31, 2000 were $50.4 million, compared with sales for 1999 of $51.5 million. Fourth quarter 2000 sales were $11.5 million, compar ... Continue reading
Firestone Initiates Voluntary Safety Recall of P205/55R16 Firehawk GTA-02 Tires
Firestone announced today that it will voluntarily recall approximately 98,500 P205/55R16 Firehawk GTA-02 tires, the majority of which are fitted as original equipment on the 2000 and 2001 Nissan Altima SE. The company decided to initiate the recall after an analysis of tires returned for adjustment showed a design-rel ... Continue reading
Ford Links With FedEx to Provide Commercial Truck Service Parts Support
Order by Midnight, Get Delivery the Next Business Day Through New Uptime Critical Parts Program Ford Motor Company has joined with FedEx Corp. , through its subsidiaries FedEx Express and FedEx Supply Chain Services, to provide around-the-clock critical-parts support to Ford's commercial truck customers. The Uptime Cri ... Continue reading
GM addresses driver distraction during annual 'Drive Safely Work Week'
As national "Drive Safely Work Week" opens, General Motors is encouraging its more than 200,000 employees in North America to use hands-free phone technology when operating company vehicles or when conducting GM business from private vehicles. The move is part of a new "SenseAble driving" employee policy aimed at addre ... Continue reading
Kenwick Industries Announces the Sale of its Automax Companies to Xelex
Kenwick Industries Inc. announces that it has sold its Automax Companies to Xelex Corp. in exchange for Xelex Corp.'s common stock. As part of the transaction, effective Friday, Feb. 16, 2001, Xelex Corp. changed its name to Automax Group Inc. and its common stock will be quoted under the symbol "AMXX" on the OTC: pink ... Continue reading
Mechanical Dynamics Receives $650,000 Order from Dana Corporation
Mechanical Dynamics, Inc. announced today that Dana Corporation has selected Mechanical Dynamics' Functional Digital Car(TM) software solution as a standard for Dana's virtual prototyping programs, with an initial order placed in the fourth quarter of 2000 for more than $650,000 in software and services. Approximately ... Continue reading
Ricardo Awarded ISO 14001 Certification
Ricardo, Inc. announced it has been awarded ISO 14001 certification, an internationally accepted standard for the implementation of an environmental management system. The certification was issued by Lloyd's Register Quality Assurance (LRQA). Ricardo, Inc., is the U.S. subsidiary of Ricardo plc, founded in the early 19 ... Continue reading
Rush Enterprises Inc. Reports Fourth Quarter and Year-End Results
Rush Enterprises Inc., which operates the largest network of Peterbilt heavy-duty truck dealerships in North America, as well as John Deere construction equipment dealerships in Texas and Michigan, and three of the largest farm and ranch superstores (D&D) in America, today announced results for the fourth quarter and y ... Continue reading
Traffic Court Announces Strategy To Recoup $30M in Delinquent Fines
Administrative Judge Fortunato Perri announced today that Philadelphia Traffic Court will notify the Pennsylvania Department of Transportation to suspend the driver's licenses of motorists who fail to pay court-arranged obligations for traffic fines. This new enforcement initiative will be effective in 30 days. "Delinq ... Continue reading
NASCAR WCUP: Deeply saddened, Hamilton moves on to Rockingham
CHARLOTTE, N.C.,- The 43rd annual Daytona 500, the first race for Bobby Hamilton in the Square D Chevrolet proved to be an outstanding one as the pilot crossed the checkered flag with a top-ten finish. "We were fast all day. I did what I usually do here in Daytona (Fla.), just ride and be patient," said Hamilton. "At o ... Continue reading
NHRA's 50 GREATEST DRIVERS: Number 45, Scotty Richardson
Scotty Richardson has never worked the controls of a 320-mph Top Fueler, patiently guiding it down the quarter-mile. He hasn't stared down Pro Stock's Warren Johnson in an intense starting line battle. He also hasn't wrestled a nitro-breathing Funny Car to a thrilling four-second run. However, year after year the soft- ... Continue reading
TRACKS: Special 'Family and Sponsor Day' Set for Irwindale Speedway
Irwindale, Calif. - - Irwindale Speedway has announced that a special "Family & Sponsor Day" track test session will be held on Saturday, March 3 from 10 am to 9 pm for the express purpose of welcoming racer's family members and sponsors out to the Speedway for free grandstand admission, a free hot dog and soft drink, ... Continue reading
NASCAR WCUP: Matt Kenseth: Ready to Roll at ‘The Rock’
Quoting Matt Kenseth: Kenseth on racing at‘ The Rock’: "This is the track where we finally turned some heads in the Busch Series. In fact, the 1998 win here in the Busch car is one of my most memorable moments. I was driving for Reiser Enterprises and we came into the race without a sponsor. When I passed T ... Continue reading
DTC: The outcome of the 2000 Danish Touringcar series is now final
Pierre Legarth won appeal The outcome of the 2000 Danish Touringcar Challenge is now final, following a ruling from Dansk Automobil Sports Union's Court of Appeal in a saga, which began at last year's championship finals at Jyllands-Ringen back in October. The ruling has not changed the overall outcome of the series, w ... Continue reading
NASCAR WCUP: Dodge Returns with three in the top 10 at Daytona
DAYTONA BEACH, Fla. - Dodge is back in the NASCAR Winston Cup Series. An absence of more than 15 years ended today as 10 Dodge Intrepid R/Ts competed in the series' premier event, the Daytona 500. Not only was Dodge in the race, but Dodge drivers set the pace for much of the afternoon as Bill Elliott, Sterling Marlin a ... Continue reading
Northern Light IRL: Miami Open Test Could Help Predict Early Season Standouts
MIAMI,- Clues to the mysteries of the preseason could be found at the Indy Racing Northern Light Series Open Test on Feb. 23-24 at Homestead-Miami Speedway. A dozen Indy Racing drivers are expected to test on the 1.5-mile oval in preparation for the Infiniti Grand Prix of Miami on April 8, the debut of the Northern Lig ... Continue reading
CART: Zanardi and Kanaan Test at Sebring
SEBRING, Fla--Mo Nunn Racing teammates Tony Kanaan and Alex Zanardi wrapped up their final two-day test at Sebring International Raceway this afternoon, then headed south to Homestead Miami Speedway to conclude their preparation for the 2001 CART FedEx Championship Series season on Wednesday and Thursday. Together, Kan ... Continue reading
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