Raceline ... Continue reading
Team Chicago Challenge (TV Show)
Team Chicago Challenge ... Continue reading
Autoweb Faces NASDAQ Delisting
New York - After hitting a one-time high of $50 per share after their initial offering just two years ago, Autoweb.com may now have reached rock bottom. Autoweb's stock, which opened this morning at about 37 cents, has now closed at less than one dollar for over 90 consecutive trading days. According to NASDAQ rules, A ... Continue reading
Hertz Becomes Wholly Owned Subsidiary of Ford Motor Company
DEARBORN, Mich., March 9 Ford Motor Company announced that the merger of The Hertz Corporation with a Ford subsidiary became effective today. As a result, Hertz is now an indirect, wholly owned subsidiary of Ford. Ford reached an agreement with Hertz in January to acquire the remaining 18.5 percent of Hertz Class A com ... Continue reading
NHTSA said it is publicizing the recalls to alert consumers about safety problems and encourages them to take action. Under federal law, safety problems must be remedied without cost to consumers. Currently, 72 percent of the owners of vehicles with safety problems have the recall work performed. NHTSA said manufacture ... Continue reading
NHTSA PUBLISHES LIST OF JANUARY 2001 RECALLS
The National Highway Traffic Safety Administration (NHTSA) today released a list of auto safety recalls announced in January 2001 and urged consumers to have the problems fixed promptly. The list identifies the make and model of the vehicle or equipment involved, with a brief description of the safety problem. NHTSA sa ... Continue reading
REPORT 4: SUZUKI GRAND VITARA 2001
REPORT 4: SUZUKI GRAND VITARA 2001 ... Continue reading
TranscenData Takes Product Data Interoperability to New Level
MILFORD, Ohio--March 9, 2001--International TechneGroup Incorporated (ITI) announces the formation of TranscenData(TM) from the company's Product Data Interoperability (PDI) business. TranscenData will focus on providing global interoperability solutions across three distinct product and service lines: Engineering Supp ... Continue reading
Simula Reduces Workforce as Part of Ongoing Restructuring
PHOENIX--March 9, 2001--Simula, Inc. (AMEX: SMU) announced today that it completed a Company-wide reduction in workforce as part of its ongoing restructuring. The reduction represents about 60 job positions or 7.5% of its worldwide workforce. In addition, about 40 budgeted new positions will not be filled and certain f ... Continue reading
SKF Supplies Bearings and Seals for Ford's New Mondeo
STOCKHOLM, Sweden--March 9, 2001--SKF continues to strengthen its position as leading supplier of bearings and seals to the world automotive industry. Virtually all the major mechanical systems on Ford's new Mondeo are equipped with either bearings or seals or both from the SKF Group. Over the production life of Ford's ... Continue reading
Finishmaster Announces Financial Results for 2000
INDIANAPOLIS--March 9, 2001--FinishMaster, Inc. , the leading national independent distributor of automotive paints and related accessories, reported today that net income for the year ended December 31, 2000 was $3,727,000 on net sales of $337,213,000, compared to net income of $3,711,000 on net sales of $324,490,000 ... Continue reading
ANN ARBOR, Mich., March 9 The Center for Automotive Research (CAR) at the Environmental Research Institute of Michigan (ERIM) is pleased to announce that David J. Andrea has joined as the director of CAR's forecasting group. CAR's purpose is to conduct research in significant issues related to the future direction of t ... Continue reading
Northern Light IRL: Indy Racing Northern Light Series Notebook
INDIANAPOLIS - Steve Dunlap has been named chief mechanic and crew chief for Sam Schmidt Motorsports during the 2001 Indy Racing Northern Light Series season. Veteran Davey Hamilton will drive for the team, which was formed last month by former Indy Racing standout Sam Schmidt. Dunlap spent more than 30 years as an eng ... Continue reading
Contact: Rick Voegelin rickvoegelin@compuserve.com GM Racing Communications (831) 761-2201 NEW 2002 BRAVADA TO PACE INDIANAPOLIS 500 DETROIT, March 8, 2001 - Oldsmobile's 2002 Bravada will go where no SUV has gone before when it paces the 85th running of the Indianapolis 500 on May 27, 2001. The all-new Bravada is the ... Continue reading
CART Radio Network begins second season; Pruett joins broadcast team
DETROIT - Championship Auto Racing Teams begins another season of CART Radio Network (CRN) coverage when the green flag drops on the 2001 FedEx Championship Series this Sunday in Monterrey, Mexico with the Tecate Telmex Monterrey Grand Prix Presented by Herdez. CART announced the restructuring of its national radio net ... Continue reading
NHRA: Series Standings, March 9, 2001
Top Fuel 1. Darrell Russell, 205. 2. Doug Kalitta, 170. 3. ... Continue reading
CART: Andretti, Fittipaldi featured on Disney Channel's 'The Jersey'
DETROIT- Michael Andretti, the winningest driver in CART FedEx Championship Series history, and Christian Fittipaldi, winner of the final CART race in 2000, appear on the top-rated Disney Channel series, "The Jersey" Thursday, March 8. The episode airs at 5 p.m. ET/PT and 4 p.m. CT. The Disney Channel is broadcast to a ... Continue reading
TRACKS; Lingner Group to seve as producers/consultants at IMS events
INDIANAPOLIS - Lingner Group Productions, Inc., will serve in 2001 as executive producers and consultants for the Indianapolis Motor Speedway’s three world-class racing events, the Indianapolis 500, Brickyard 400 and SAP United States Grand Prix, IMS and LGP officials announced today. “All of us at LGP are ... Continue reading
RALLY: End of leg 1 report, Rally of Portugal
Appalling conditions greeted tonight's opening action in the Rally of Portugal, third round of the FIA World Rally Championship. Incessant rain during the past few weeks has turned the gravel roads which host this third round of the FIA World Rally Championship into a muddy morass. A combination of glutinous mud and ba ... Continue reading
NASCAR Bush Grand National: Series Standings, March 9, 2001
1. Kevin Harvick, 467. 2. Jeff Green, 467. 3. ... Continue reading
ALMS: Michelin Quick Facts - Superflo 12 Hours of Sebring
March 17 at Sebring International Raceway * Top Teams To Ride On Michelin Tires - A total of 14 cars will be riding on Michelin tires. In the prototype division, Michelin-shod cars include the factory-supported efforts from Audi and Panoz as well as the Champion (Audi), Johansson (Audi) and Pescarolo (Courage) teams. I ... Continue reading
NASCAR Trucks: Series Standings, March 9, 2001
1. Scott Riggs, 335. 2. Ricky Hendrick, 330. 3. ... Continue reading
NASCAR WCUP: Series Standings, March 9, 2001
1. Sterling Marlin, 468. 2. Jeff Gordon, 433. 3. ... Continue reading
INDY 500: 2002 Oldsmobile Bravada to pace 'Greatest Spectacle in Racing' this May
INDIANAPOLIS- Oldsmobile’s 2002 Bravada will go where no SUV has gone before when it paces the 85th running of the Indianapolis 500 on May 27, Indianapolis Motor Speedway and Oldsmobile officials announced today in a press conference in Detroit. The Bravada has made history as the first SUV selected as the Offici ... Continue reading
LISLE, Ill., March 9 Today, Budget Group, Inc. released its fourth quarter and year-end 2000 results, outlined its multi-step financing plan and provided guidance for 2001. "Our announcement today reflects the full and complete reshaping of the Company to a singular $2.4 billion core car and truck rental business. Over ... Continue reading
Simula Reduces Workforce as Part of Ongoing Restructuring
PHOENIX--March 9, 2001--Simula, Inc. (AMEX: SMU) announced today that it completed a Company-wide reduction in workforce as part of its ongoing restructuring. The reduction represents about 60 job positions or 7.5% of its worldwide workforce. In addition, about 40 budgeted new positions will not be filled and certain f ... Continue reading
Titan Announces Dividend for the First Quarter of 2001
QUINCY, Ill., March 9 The Board of Directors of Titan International, Inc. has approved a quarterly cash dividend of $.015 (one and a half cents) per common share for the first quarter of 2001. The dividend is payable April 12, 2001, to stockholders of record on March 30, 2001. Titan is a global supplier of mounted whee ... Continue reading
GOLDEN, Colo., March 9 Bolder Technologies Corporation today reported that it received notice from the Nasdaq National Market ("Nasdaq") that it is not in compliance with Nasdaq continued listing standards. Among other things, those standards require that Bolder's common stock must trade above $1.00 for at least ten co ... Continue reading
Lithia Motors Acquires Stores in Idaho Northwest's Fastest Growing Company Continues Acquisitions
MEDFORD, Ore., March 9 Lithia Motors, Inc. announced today that it has completed the acquisition of two stores in Pocatello, Idaho; one representing the Honda brand and the other with Dodge, Chrysler and Hyundai brands. The stores have combined estimated 2000 sales of $48 million. Lithia's net investment in the stores ... Continue reading
Free Telematics and Auto E-Business Magazines For Industry Executives
DETROIT, March 9 Eyeforauto.com, the leading free e-business and telematics information resource for auto industry executives, today announced the launch of two new free print publications for senior decision makers. Telematics Update and E-Business Update will be separate magazines focusing on the latest strategic dev ... Continue reading
Cummins Closes St. Peter Facility
COLUMBUS, Ind.--March 9, 2001--Cummins Inc. announced today it would move its Cummins Power Generation electronics operation located in St. Peter, Minnesota, to its manufacturing facility in Fridley, Minnesota and close the St. Peter facility. The company's power supply business based in Eden Prairie, Minnesota will al ... Continue reading
Michigan Office of Highway Safety Reports Show Belt Use Up and Fatalities Down Planning
LANSING, Mich., March 9 All signs indicate Michigan's first year with a standard enforcement safety belt law has been a huge success, both in terms of increased safety belt use and a decrease in traffic fatalities, reports the Michigan Office of Highway Safety Planning. Col. Michael D. Robinson, director of the Michiga ... Continue reading
Ford Appoints Anne Stevens VP, North America Assembly
DEARBORN, Mich., March 9 Anne Stevens today was elected by the Ford Motor Company Board of Directors to the new position of vice president, North America Assembly Operations. Stevens was executive director, Vehicle Operations in North America, a position she assumed in January 2000. Her new role is effective April 2. S ... Continue reading
Ford Group VP Rewey Retires; Executives Named to New Jobs
DEARBORN, Mich., March 9 Robert L. Rewey, group vice president, Global Consumer Services and North America, Ford Motor Company , announced his retirement today after a 38-year career with the company. His retirement is effective March 23. "Bob has been an outstanding business leader for Ford Motor Company," said Jacque ... Continue reading
Ford Appoints Karen Francis President of ConsumerConnect
DEARBORN, Mich., March 9 Karen C. Francis today was elected by the Ford Motor Company Board of Directors as a vice president and president of ConsumerConnect. ConsumerConnect is an enterprise established to develop and implement leading-edge e-commerce strategies for Ford. Her appointment is effective April 2. In her n ... Continue reading
Ford Names Brian Kelley VP, Global Consumer Services
DEARBORN, Mich., March 9 Brian P. Kelley, largely credited with Ford Motor Company's leadership in the e-business arena, has been named vice president, Global Consumer Services. As vice president of Ford Motor Company and president of ConsumerConnect, Ford's e-business activity, Kelley was responsible for developing an ... Continue reading
Oshkosh Truck Agrees to Buy Certain Temco Assets
OSHKOSH, WIS.--March 9, 2001--Oshkosh Truck Corporation [NASDAQ: OTRKB], a leading manufacturer of trucks and truck bodies, announced today that it has agreed to purchase certain assets of Trinity Equipment Manufacturing Company (TEMCO), a concrete mixer and parts manufacturer, from its parent company, Dallas-based Tri ... Continue reading
Ward's Reports Estimated Production
SOUTHFIELD, Mich., March 9 Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 327,778 units, up from the 309,389 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now totals 2,934,806 veh ... Continue reading
Safety is Hi-Tech Cool at the 2001 New York International Auto Show
NEW YORK, March 9 Safety has traditionally been viewed by most as the important, albeit dull, technical, and even boring part of the auto industry. That is until safety met the high-tech world of the computer age. Suddenly, safety is cool and it's out of this world. Check out the latest mind-blowing safety technology a ... Continue reading
The Shrinking SUV; Wagons Are Back At the 2001 New York International Automobile Show
NEW YORK, March 9 Shrinking SUVs and a major makeover for wagons are two new trends to look out for at this year's New York International Automobile Show at the Jacob K. Javits Convention Center from Friday, April 13 to Sunday, April 22. "Mixing two or more vehicle categories to create a new one has become increasingly ... Continue reading
2001 Show Themes at the New York International Automobile Show
NEW YORK, March 9 2001 will be one of the most exciting and diverse shows in the 101-year history of the New York International Automobile Show. In New York, high-style is "in," small cars are "big," retro is booming, modern is chic, wagons are back, race cars are roaring, and safety is hi-tech cool. "Show visitors wil ... Continue reading
Small is Big: Cool Cars for the New Economy
NEW YORK, March 9 Small cars are back in fashion, and they're cooler than ever at this year's New York International Automobile Show at the Jacob K. Javits Convention Center, which opens with a special public Sneak Preview on Friday April 13 at 1:00 p.m. "The New York Auto Show is always a time of high drama, media fre ... Continue reading
Car Rental Direct New B2B and B2C Tools
LOS ANGELES, March 9 Car Rental Direct (CRD), subsidiary of GenesisIntermedia.com, Inc. (Frankfurt Stock Exchange: GIA) reported a 260% increase in web site traffic for the two-month period ended February 28, 2001 over the prior two-month period, and currently has a healthy fleet utilization rate of 83%. It attributes ... Continue reading
Army's Brigade Combat Equipped With Oshkosh HEMTT-LHS
OSHKOSH, Wis.--March 8, 2001--Oshkosh Truck Corporation , a leading manufacturer of trucks and truck bodies, announced today that the company has reached a major military milestone as the 296th Brigade Support Battalion became the First Unit Equipped (FUE) with its new Heavy Expanded Mobility Tactical Truck-Load Handli ... Continue reading
Sirius Draws $150 Million Credit Facility
NEW YORK, March 8 Sirius Satellite Radio , the satellite radio broadcaster, today announced that it has received the proceeds of its $150 million credit facility provided by Lehman Brothers. Funding followed satisfaction of all closing conditions, including the demonstration of Sirius' broadcast system. From its three ... Continue reading
STOCKHOLM, Sweden, March 8 Autoliv Inc. (SSE: ALIV) -- the worldwide leader in automotive safety systems -- has appointed Magnus Lindquist as the Company's new Chief Financial Officer and Vice President replacing Hans Bioerck who has accepted a similar position at Skanska. Currently, Mr. Lindquist is the Chief Financia ... Continue reading
FFCA Provides Approximately $62 Million of Sale/Leaseback Financing to Discount Auto Parts, Inc.
SCOTTSDALE, Ariz.--March 8, 2001--Franchise Finance Corporation of America ("FFCA") today announced it has provided approximately $62 million in financing to U.S. Realty Advisors, LLC ("USRA") for the acquisition of 101 automotive parts stores sold and leased back by Discount Auto Parts, Inc. ("Discount Auto Parts"), o ... Continue reading
JoeAuto to Bring Information Technology, Modern Retailing to Auto Repair
Company Closes $13.5M Series a Investment HOUSTON, March 8 Auto service and repair -- an industry that has changed little in 50 years -- is about to embrace the efficiencies of information technology and modern retailing, according to JoeAuto Inc. President and CEO, Lynn Graham, who addressed attendees at The Raymond J ... Continue reading
Bestbidding.com Purchases livecorvetteauction.com
BOSTON--March 8, 2001--Just in time for Spring 2001, livecorvetteauction.com will put some "new" pre-owned Chevrolet Corvettes into many garages throughout the world. In collaboration with Greater Boston's largest Corvette dealer, Corvettes Etc., of Revere, Massachusetts, livecorvetteauction.com will list, and sell som ... Continue reading
What Can Happen in an Auto Accident and What You Can do to Save Your Life
MARSHFIELD HILLS, Mass., March 8 Lives are saved everyday by seat belts and air bags. Unfortunately, lives are also lost everyday when people become trapped in their vehicles or homes. After even a minor car crash, doors/windows or seat belt buckles may jam. The most important thing is not to panic. If your windows are ... Continue reading
Bust the Brown Cloud, With an Electric, Emissions-Free Vehicle
Ferrero Auto Center is the Only Colorado Dealership Carrying the Electric GemCar LOVELAND, Colo., March 8 As the brown cloud hovers over the city and traffic congestion adds to the pollution, the GemCar, a neighborhood electric vehicle, makes its debut in the Front Range area. Ferrero Auto Center, Loveland, Colo., a fa ... Continue reading
Parlez-Vous Desir? Lexus Ad Campaign for Launch of SC 430 Entirely in French
TORRANCE, Calif., March 8 A national U.S. advertising campaign entirely in French?? That's how luxury automaker Lexus will be introducing its first-ever convertible, the SC 430. On March 12, Lexus will break two new commercials on national network and cable television for its brand new retractable hardtop convertible. ... Continue reading
Chrysler Group Partners With 32nd NAACP Image Awards
AUBURN HILLS, Mich., March 8 Chrysler Group is title sponsor of the 32nd NAACP Image Awards airing this Friday, March 9, 2001, on the FOX Network. Hosted by comedian/actor Chris Tucker, the show will feature a dazzling array of African American talent from film, television, literature and the recording arts. In additio ... Continue reading
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