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February 2001

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Thursday, February 22, 2001

Autoweb.com partners with Lexus

Autoweb.com partners with Lexus

Toyota/Lexus has partnered with Autoweb.com, the leading consumer automotive Internet service, for license of Autoweb's Automotive Information Center (AIC) Competitive Comparison Module. With the Competitive Comparison Module, automotive shoppers on the Lexus consumer site can easily comparison-shop and evaluate a Lexu ... Continue reading

General Magic Delivers Initial Feature Set of OnStar's Virtual Advisor; Nationwide Launch to Be Completed Spring 2001

General Magic Delivers Initial Feature Set of OnStar's Virtual Advisor; Nationwide Launch to Be Completed Spring 2001

SUNNYVALE, Calif.--Feb. 21, 2001--General Magic, Inc. , a premier voice application services provider, today announced that it has completed the delivery of the initial feature set for OnStar's Virtual Advisor(TM). General Magic was selected by OnStar to design and host the Virtual Advisor because of its innovative and ... Continue reading

Harley-Davidson Names Jim McCaslin President & Chief Operating Officer Of Motor Company

Harley-Davidson Names Jim McCaslin President & Chief Operating Officer Of Motor Company

MILWAUKEE, Feb. 21 James A. McCaslin, 52, has been named President and Chief Operating Officer of Harley-Davidson Motor Company, Jeffrey L. Bleustein, Chairman and Chief Executive Officer of Harley-Davidson, Inc., announced today. McCaslin will assume the new position on March 1, 2001. "Harley-Davidson recently celebra ... Continue reading

High School Safe Driver Program at Sears Point Raceway

High School Safe Driver Program at Sears Point Raceway

Contact: John Cardinale Sears Point Raceway (707) 938-8448, ext. 107 Selected Bay Area Teens Hit the Road For High-Speed Training At Sears Point Raceway "High School Safe Driver Program" Combines with Graduated Driver Licensing Law to Help Reduce Teen Deaths and Injuries on Roadways SONOMA, Calif. (Feb. 21, 2000) - Cal ... Continue reading

Leather Center Grand Prix of Texas TV Alert

Leather Center Grand Prix of Texas TV Alert

TV ALERT BMW TEAM PTG Leather Center Grand Prix of Texas Texas Motor Speedway Ft. Worth, Texas race 1 of 13, 2001 American Le Mans Series Sunday, March 4, 1:00 pm local time 2 hours and 45 minutes Speedvision Network Sunday, March 4 2 pm (EST) American Le Mans Radio Web The race can be heard on the ALMS Radio Web at ww ... Continue reading

19th Annual Cycle World International Motorcycle Shows Presented by Toyota Trucks Rides Into New York

19th Annual Cycle World International Motorcycle Shows Presented by Toyota Trucks Rides Into New York

SANTA ANA, Calif.--Feb. 22, 2001--New York motorcyclists can enjoy the largest and oldest consumer-oriented powersports show series in the nation when The Cycle World International Motorcycle Show(R) presented by Toyota Trucks rolls into New York City's Jacob K. Javits Convention Center, Feb. 23-25, 2001. Celebrating i ... Continue reading

AAA Chooses Select-A-Car(TM) to Provide Online Vehicle Shopping Solution; Select-A-Car to Become AAA's New Online Car Pricing and Shopping Tool

AAA Chooses Select-A-Car(TM) to Provide Online Vehicle Shopping Solution; Select-A-Car to Become AAA's New Online Car Pricing and Shopping Tool

SAN DIEGO--Feb. 22, 2001--Autofusion Corp., a leading provider of auto-related e-commerce technology, and Selectica(TM) Inc. , a leading provider of Internet Selling Systems (ISS) for e-business, Thursday announced that AAA will deploy Select-A-Car to provide its members with interactive online car evaluations, pricing ... Continue reading

ACUNIA to Open Detroit Operations

ACUNIA to Open Detroit Operations

Belgian telematics firm on the move in U.S. auto industry LEUVEN, Belgium and CAMBRIDGE, Mass., Feb. 22 ACUNIA NV, (formerly SmartMove) a leading Belgium-based telematics provider, has announced plans to further expand its U.S. operations with the opening of an office in the Detroit/Rochester Hills area. By the end of ... Continue reading

Delphi Automotive Systems Appoints New Director of its D.C. Office

Delphi Automotive Systems Appoints New Director of its D.C. Office

TROY, Mich., Feb. 22 Delphi Automotive Systems has named John T. Anderson director of its Washington D.C. office, effective March 1. In his new position, Anderson will be building and maintaining Delphi's relations with the branches of the federal government along with the Washington media, as well as supporting Delphi ... Continue reading

e-Power International Acquires Texas Diversification Workforce

e-Power International Acquires Texas Diversification Workforce

HOUSTON--Feb. 22, 2001--Officials of e-Power International Inc. (OTCBB:EPWI), announced today that they have purchased Texas Diversification Workforce Inc., a Texas-based professional employer organization specializing in the construction and light industrial sectors, for 2.5 million shares of common stock. A portion o ... Continue reading

Faurecia to Implement SupplySolution's i-Supply(TM) Service

Faurecia to Implement SupplySolution's i-Supply(TM) Service

Global automotive supplier to launch i-Supply(TM) service in Ohio plant SOUTHFIELD, Mich., Feb. 22 SupplySolution, Inc., the leading provider of supply chain execution solutions for manufacturing and distribution organizations, today announced that Faurecia (F. FAU), has agreed to implement SupplySolution's i-Supply(TM ... Continue reading

Hastings Manufacturing Announces Cost-Containment Measures

Hastings Manufacturing Announces Cost-Containment Measures

Company suspends dividend, trims operating expenses to improve profitability in 2001 HASTINGS, Mich., Feb. 22 Hastings Manufacturing Company (Amex: HMF) today announced that it has instituted a series of cost- containment measures in an effort to trim $1 million in operating expenses and improve its profitability. The ... Continue reading

IBM and Trilogy Form Global Strategic Alliance; Alliance to Provide e-Business and Channel Management Solutions to Financial Services and Automotive Industries

IBM and Trilogy Form Global Strategic Alliance; Alliance to Provide e-Business and Channel Management Solutions to Financial Services and Automotive Industries

WHITE PLAINS, N.Y. & AUSTIN, Texas--Feb. 22, 2001-- IBM and Trilogy(tm) today announced a global strategic alliance to jointly market and deploy e-business and channel management solutions to Global 2000 companies in the financial services and automotive industries. The IBM and Trilogy alliance offers financial service ... Continue reading

MSC.Software Cuts Manufacturers' Costs With Launch of Online 3D Forging Simulation; MSC.SuperForge Optimizes Production Processes for Automobile and Aircraft Parts

MSC.Software Cuts Manufacturers' Costs With Launch of Online 3D Forging Simulation; MSC.SuperForge Optimizes Production Processes for Automobile and Aircraft Parts

Business Editors/High-Tech Writers COSTA MESA, Calif.--Feb. 22, 2001--MSC.Software Corp. , an established information technology software and services provider helping companies worldwide develop better products faster, today announced it has launched MSC.SuperForge on its online SimulationCenter. By offering this powe ... Continue reading

REGI U.S., Inc. European Patent Application Granted For Rand Cam(TM) Rotary Device

REGI U.S., Inc. European Patent Application Granted For Rand Cam(TM) Rotary Device

VANCOUVER, British Columbia, Feb. 22 Reg Technologies, Inc. (OTC Bulletin Board: REGRF) (CDNX: RRE.V) (the "Company") and its U.S. subsidiary REGI U.S., Inc. (OTC Bulletin Board: RGUS) wish to announce that the patent for the European Axial Vane Rotary device and sealing system have been granted on January 10th, 2001 u ... Continue reading

S&P Raises Ratings on Ford Credit Auto Owner Trust 1999-C

S&P Raises Ratings on Ford Credit Auto Owner Trust 1999-C

NEW YORK, Feb. 22 Standard & Poor's today raised its ratings on Ford Credit Auto Owner Trust 1999-C's asset-backed subordinated notes and certificates (see list). The raised ratings reflect increased loss protection percentages due to the buildup of credit enhancement and to the transaction's strong credit performance. ... Continue reading

S&P Raises Rtgs on Ford Credit Auto Owner Tr 1999-C

S&P Raises Rtgs on Ford Credit Auto Owner Tr 1999-C

NEW YORK--Standard & Poor's--Feb. 22, 2001-- Standard & Poor's today raised its ratings on Ford Credit Auto Owner Trust 1999-C's asset-backed subordinated notes and certificates (see list). The raised ratings reflect increased loss protection percentages due to the buildup of credit enhancement and to the transaction's ... Continue reading

VE Distributor Heads

VE Distributor Heads

hi: We, China-Lutong parts plant, located in south east of China, specialized in the supply of VE distributor pump. My name is ChenHwa, the "C.H" is the abbreviation . At present, our company is going to open the oversea markets, esp.the south-east Asia countries. And Asia is one of our sale and purchase destinations, ... Continue reading

BEI Technologies Declares Quarterly Dividend

BEI Technologies Declares Quarterly Dividend

SAN FRANCISCO, Feb. 22 The Board of Directors of BEI Technologies, Inc. today announced a quarterly cash dividend of $.01 per share. The dividend was declared February 22, 2001 and is payable March 23, 2001 to shareholders of record March 8, 2001, according to Charles Crocker, Chairman of the Board and Chief Executive ... Continue reading

Budget Group, Inc. Announces Annual Shareholder Meeting

Budget Group, Inc. Announces Annual Shareholder Meeting

LISLE, Ill., Feb. 22 Budget Group, Inc. has set its annual shareholder meeting date for Thursday, May 17, 2001. Budget Group, Inc. owns Budget Rent a Car Corporation and Ryder TRS. Budget is the world's third largest car and truck rental system and Ryder TRS is the nation's second largest consumer truck rental company. ... Continue reading

Eaton Corporation Announces Charitable Contributions of $5.2 Million in 2000; Cleveland Organizations and Institutions Benefit From Donation of $1.6 Million

Eaton Corporation Announces Charitable Contributions of $5.2 Million in 2000; Cleveland Organizations and Institutions Benefit From Donation of $1.6 Million

Business Editors CLEVELAND--Feb. 22, 2001--Diversified industrial manufacturer Eaton Corporation reported today that it granted more than $5.2 million in philanthropic contributions in 2000, primarily in the United States and North America. The Eaton Charitable Fund distributes funds to non-profit organizations and edu ... Continue reading

Fitch Issues Presale Report On Ryder Vehicle Lease Trust 2001-A

Fitch Issues Presale Report On Ryder Vehicle Lease Trust 2001-A

NEW YORK--Feb. 22, 2001--Fitch has issued a Presale report on Ryder Vehicle Lease Trust 2001-A discussing the rating analysis behind Fitch's expected ratings on the transaction. The 2001-A transaction represents Ryder System, Inc.'s third securitization backed by commercial leases on trucks, highway tractors, and trail ... Continue reading

Midas Declares Annual Dividend of $0.08 Per Share Payable April 1, 2001

Midas Declares Annual Dividend of $0.08 Per Share Payable April 1, 2001

ITASCA, Ill.--Feb. 22, 2001--The board of directors of Midas, Inc., has declared a regular annual dividend of $0.08 per share on the company's outstanding stock, payable April 1, 2001, to stockholders of record at the close of business on March 15, 2001. As previously announced, Midas directors approved changing from q ... Continue reading

PowerAdz' CarCast Affiliates to Gain Web-to-Print Functionality with Megawheels' Net2Print

PowerAdz' CarCast Affiliates to Gain Web-to-Print Functionality with Megawheels' Net2Print

TROY, N.Y.--Feb. 22, 2001--PowerAdz.com, the leading provider of Internet products and services to newspapers, announced it has signed a Memorandum of Understanding (MOU) with Megawheels Inc. (CDNX:MGW), a global applications provider to the automotive newspaper advertising and retail sectors. Under the MOU, Megawheels ... Continue reading

S&P Asgns Prelm Rtgs to Honda Auto Rec 2001-1 Own Tr

S&P Asgns Prelm Rtgs to Honda Auto Rec 2001-1 Own Tr

NEW YORK--Standard & Poor's--Feb. 22, 2001--Standard & Poor's today assigned its preliminary ratings to Honda Auto Receivables 2001-1 Owner Trust's $1,507,849,000 asset-backed notes (see list). The preliminary ratings are based on information as of Feb. 22, 2001. Subsequent information may result in the assignment of f ... Continue reading

Delco Remy Reports Pro Forma Sales and Earnings for Calendar Year 2000

Delco Remy Reports Pro Forma Sales and Earnings for Calendar Year 2000

Delco Remy International, Inc., a leading supplier of aftermarket and OEM electrical systems and powertrain/drivetrain products for automotive, heavy duty and industrial applications, today announced record results and reported pro forma financial performance for the fourth quarter and calendar year ended December 31, ... Continue reading

Amerityre Corporation Updates Status of Air/No Air Automobile Tire

Amerityre Corporation Updates Status of Air/No Air Automobile Tire

Amerityre Corporation announced that it has completed in-house testing of its prototype polyurethane air/no air automobile tire. The tire has now been mechanically tested with a 2,000-pound load without any pressurized air. The new tire design may also be utilized with pressurized air. Amerityre is now conducting preli ... Continue reading

Magna announces fourth quarter and record fiscal year 2000 results

Magna announces fourth quarter and record fiscal year 2000 results

Magna International Inc. reported sales, profits and earnings per share for the fiscal year and fourth quarter ended December 31, 2000. ... Continue reading

Warn Industries sells Black Diamond suspension line

Warn Industries sells Black Diamond suspension line

Warn Industries, the leading manufacturer, marketer, and brand of off-road automotive products, has announced the sale of its Black Diamond line of suspension products to Louisiana-based Woods Ready Distributing (WRD). The sale includes the Black Diamond brand name as well as existing products, including suspension lif ... Continue reading

Visteon's Long Life Filtration System - Designed to Go the Distance

Visteon's Long Life Filtration System - Designed to Go the Distance

In an effort to develop maintenance-free vehicle solutions, Visteon Corporation is introducing another Visteon first -- a factory-installed Long Life Filtration System designed to virtually eliminate filter maintenance over the lifespan a vehicle. "This is good news for our customers and consumers. This technology save ... Continue reading

DynaMotive Announces Closing of Private Placement

DynaMotive Announces Closing of Private Placement

DynaMotive Technologies Corporation announced that it has closed a private placement financing for $500,000 at a share price of $1.20 per share. Investors in the Private Placement also received a warrant to purchase one-fifth of a share of DynaMotive common stock for each share of DynaMotive common stock purchased. The ... Continue reading

Detroit Diesel Recognizes Top Performing Suppliers for Year 2000

Detroit Diesel Recognizes Top Performing Suppliers for Year 2000

Detroit Diesel Corporation (DDC) announced its top performing suppliers for the year 2000 as measured by its supply chain management program, Continuous Customer Value Improvement (CCVI). DDC evaluates major suppliers quarterly in the areas of quality, delivery, cost, and technical support, with the goal of waste elimi ... Continue reading

BorgWarner Cooling Systems Selects Master Distributors for Program

BorgWarner Cooling Systems Selects Master Distributors for Program

BorgWarner's aftermarket program for cooling system components has taken another stride forward in its growth and restructuring efforts. The Quik-Kool(TM) aftermarket organization has selected 12 Master Distributors for assigned territories in North America. The Quik-Kool(TM) Master Distributor network will inventory t ... Continue reading

Williams Controls to Pursue Sale of the Company

Williams Controls to Pursue Sale of the Company

The board of directors of Williams Controls, Inc. announced today that, based on the review of strategic alternatives by the company's investment banker, it will immediately pursue a sale of the company or its individual operating subsidiaries as a means to maximize value to its shareholders. Williams Controls' investm ... Continue reading

BorgWarner Supplies Four of Ward's '10 Best Engines 2001'

BorgWarner Supplies Four of Ward's '10 Best Engines 2001'

Four of the "10 Best Engines 2001" selected by Ward's Auto World -- the Audi 1.8L turbo DOHC I-4 and 2.7L Twin-Turbo DOHC V6; the Ford 5.4L Triton SOHC V-8; and the Honda 2L DOHC I-4 -- are equipped with BorgWarner systems and components. These products include turbochargers, air management and engine timing and coolin ... Continue reading

Ford Motor Company Sponsors 2001 Ford Freedom Awards

Ford Motor Company Sponsors 2001 Ford Freedom Awards

Langston Hughes to Receive Ford Freedom Award, Sonia Sanchez Named Ford Freedom Award Scholar DETROIT, Feb 21 The Charles H. Wright Museum of African American History and Ford Motor Company are pleased to announce that the late Langston Hughes -- one of the most prolific African American writers of all time -- will be ... Continue reading

J.B. Hunt Transport Inducts 2,383 Drivers Into ``$50K Club''

J.B. Hunt Transport Inducts 2,383 Drivers Into ``$50K Club''

J.B. Hunt Transport Services, Inc. announced today that 2,383 van, dedicated contract services and intermodal drivers will be inducted into the "$50K Club" for 2000, an increase of approximately 10 percent from last year. The Club, designed to recognize drivers whose total compensation exceeds $50,000 dollars annually, ... Continue reading

Modine MexPar registered to ISO 9001

Modine MexPar registered to ISO 9001

Modine Manufacturing Company's MexPar operation here has been recommended for registration to ISO 9001 by Lloyd's Register Quality Assurance, Inc. MexPar manufactures a variety of radiators for original-equipment and aftermarket applications in the automotive, truck, bus, generator set, and off-road equipment markets. ... Continue reading

PPG "Sticks to Knitting" for Earnings Growth and ROC

PPG "Sticks to Knitting" for Earnings Growth and ROC

PPG Industries is "engaged in meaningful change ... within the context of sticking to our knitting" of what it does best, pursuing greater earnings growth and consistency while targeting 15 percent minimum return on capital, its chief executive said today. Board Chairman Raymond W. LeBoeuf said that "continuously build ... Continue reading

Rule to Permit Safe Modification Of Vehicles For People WithDisabilities

Rule to Permit Safe Modification Of Vehicles For People WithDisabilities

To increase mobility for those with physical disabilities, U.S. Transportation Secretary Norman Y. Mineta today announced a final NHTSA rule to streamline the regulatory process for modifiers who adapt passenger vehicles for use by people with disabilities. The new rule identifies specific features that may be safely a ... Continue reading

Simula Anticipates Return to Profitability in Fiscal 2001

Simula Anticipates Return to Profitability in Fiscal 2001

Speaking at the Roth Capital Partners LLC 13th Annual Growth Stock Conference, Brad Forst, president and CEO of Simula Inc., said that with a disciplined program to exit unprofitable businesses, cut costs, and focus on the Company's core competencies, he anticipates a return to profitability in 2001. Steadily improving ... Continue reading

NASCAR WCUP: Kenny Wallace prepares for action at North Carolina Speedway

NASCAR WCUP: Kenny Wallace prepares for action at North Carolina Speedway

CHARLOTTE, N.C.,--Kenny Wallace, driver of the Eel River Racing Pontiac, ran at a steady pace for most of the Daytona 500 at Daytona (Fla.) International Speedway before getting tangled up in a backstretch wreck that collected 19 race cars and resulted in a 25th place finish. "We’d been running competitive all da ... Continue reading

TRACKS: Irwindale Speedway Event Schedule 2001

TRACKS: Irwindale Speedway Event Schedule 2001

FRIDAY March 9 SPECIAL EVENT America Speed Association ASA ACDelco Series Wynn's 100 (qualifier race) Saturday March 10 SPECIAL EVENT American Speed Association ASA ACDelco Series tires.com 300 presented by BFGoodrich Tires (note 6:00 pm start of feature) Saturday March 17 ADVANTAGE FORD PRESENTS OPENING NIGHT 2001 NAS ... Continue reading

NASCAR WCUP: Square D Racing Crew Member Lends a Helps Save a Life

NASCAR WCUP: Square D Racing Crew Member Lends a Helps Save a Life

CHARLOTTE, N.C.- Kevin White, the tire specialist for the No. 55 Square D Racing pit crew, helped save a woman's life on his way home from the Daytona 500. The crew member stopped his car to help after an automobile accident happened in front of him. "My family and I were on our way home from Daytona pretty upset about ... Continue reading

TRACKS: 1999 Irwindale Champion Driver Larry Krieger dies over the weekend

TRACKS: 1999 Irwindale Champion Driver Larry Krieger dies over the weekend

Irwindale, Calif. - - NASCAR Grand American Modified driving champion Larry Krieger passed away on Saturday, February 17. The thirty-five year old racing driver succumbed to a rare brain infection after a valiant five month fight with the disease. He is survived by his wife, Donna, and young son Dean Jarrett who was bo ... Continue reading

CART: Toyota sets sights on 2001 CART title

CART: Toyota sets sights on 2001 CART title

TORRANCE, Calif. - Coming off its best-ever season with five victories and seven pole positions in 2000, Toyota has reloaded with an eye on bigger and better things in 2001. Five CART winners and three rising young champions from the world's top development series give Toyota high hopes for gaining its first CART Manuf ... Continue reading

Formula 1: Strong Indy finish in 2000 provides Frentzen with boost for 2001

Formula 1: Strong Indy finish in 2000 provides Frentzen with boost for 2001

INDIANAPOLIS- Heinz-Harald Frentzen hopes he has many more races this season similar to last year’s inaugural SAP United States Grand Prix at Indianapolis. Frentzen finished third at the Brickyard last season after intense duels with Rubens Barrichello, who finished second, and Jacques Villeneuve, who placed four ... Continue reading

INDY LIGHTS: Dixon returns to Lights car for Dayton/Firestone test

INDY LIGHTS: Dixon returns to Lights car for Dayton/Firestone test

(Justin, TX)--PacWest Champ Car driver, Scott Dixon made his first visit to Texas Motor Speedway to participate in a Dayton/Firestone test yesterday. Dixon, the 2000 Indy Lights Champion, was not in a Champ Car, but in the PacWest Indy Lights car to complete the test for Dayton/Firestone. Dayton Tires, a division of Fi ... Continue reading

NASCAR WCUP: CAT Team remembers Earnhardt and addresses safety

NASCAR WCUP: CAT Team remembers Earnhardt and addresses safety

“As a competitor and as a fan, we all lookedup to Dale Earnhardt. He paved the wayin not only how we should conduct ourselves, but also how we should protect thesport. He was truly a mentor to all ofus as competitors. I don’t see any bodyin the near or far future that can replace him. Somebody will eventual ... Continue reading

NASCAR WCUP: Statement from Dale Jarrett regarding Earnhardt

NASCAR WCUP: Statement from Dale Jarrett regarding Earnhardt

Statement from Dale Jarrett : "As millions of race fans mourn the loss of the man they knew as "The Intimidator," the sport and the race that he truly loved have taken from me one of my best friends. I know I should feel fortunate that I had the opportunity to race with, tangle with, sometimes outrun, but like most fin ... Continue reading

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