Chipsets Used to Determine Transportation-Based Wireless Standard
After rigorous testing of competing technologies, a special committee made up of private businesses and public agencies selected IEEE 802.11a technology for licensed "telematics" applications in the specially designated 5.850-5.925 GHz band. Atheros AR5000 chipsets were used to test the IEEE 802.11a technology. Telemat ... Continue reading
Goodyear and Amerityre to Develop Urethane Tires
The Goodyear Tire & Rubber Company has signed an exclusive agreement with Amerityre Corporation to jointly develop urethane tires with the ultimate objective of replacing rubber auto tires. "The urethane tire has been the Holy Grail of the tire industry for decades, so we are approaching this project with a good deal o ... Continue reading
ATX Technologies Launches Lincoln VCS Telematics Program
ATX Technologies, Inc., the leading independent telematics service provider to the automotive market, and the Lincoln-Mercury division of Ford Motor Co. launched today Lincoln's third-generation telematics program -- Lincoln VCS (Vehicle Communications System). Lincoln pioneered in-vehicle telematics when it teamed wit ... Continue reading
IMPCO Receives Order From Scania-UK for Eclipse Natural Gas Fuel Systems
IMPCO Technologies, Inc. the World's leading source of advanced alternative fuel systems technology for internal combustion engines in the Industrial, Transportation and Power generation markets, has received an additional 100 system order from Scania Great Britain for the next-generation IMPCO Eclipse natural gas fuel ... Continue reading
Universal Automotive Industries, Inc. Closes $2.8M Equity Investment
Universal Automotive Industries, Inc. today announced that yesterday it closed a definitive agreement ("Agreement") with an affiliate of Wanxiang America Corporation and has issued $2,800,000 of Series A Preferred Stock, convertible into 2,014,380 shares of Common Stock, subject to standard weighted average antidilutio ... Continue reading
Eaton ELocker(TM) Featured on Nissan 'Project X' Xterra
Eaton Corporation today said it has provided Eaton ELocker(TM) Differentials to Nissan Motor Company for the new Nissan Xterra prototype SUV; code named Project X. Nissan will unveil its extreme off road Xterra prototype boasting Eaton ELocker(TM) differentials at the Gathering of Xterras (GOX 2001) event on Labor Day ... Continue reading
Labor Day Travelers Close Out Summer With Help From Getaway Bargains
More than 2.5 million Southern Californians and a total of 4.1 million Californians are expected to travel over the Labor Day holiday weekend, according to the Automobile Club of Southern California. More than 93 percent of the Southern California travelers, or 2.3 million people, are projected to drive to holiday geta ... Continue reading
100,000th BMW X5 Sports Activity Vehicle Rolls Off the Line
100,000th BMW X5 Sports Activity Vehicle Rolls Off the Line at BMW Manufacturing Corp. BMW CELEBRATING THE 100,000TH X5 The 100,000th X5 Rolls off BMW's Spartanburg, South Carolina Assembly line. Media contact: Brett Turner, Jackson-Dawson Marketing Communications, +1-864.272.3014. (PRNewsFoto)[TC] SPARTANBURG, SC USA ... Continue reading
BMW to Install Sirius In 2002 Vehicles
BMW to Install Sirius In 2002 Vehicles Sirius to Be Available in BMW's Most Popular Models NEW YORK, Aug. 23 BMW of North America, LLC and Sirius Satellite Radio , the satellite radio broadcaster, announced today that BMW will offer Sirius satellite radio service to new car buyers beginning in the second quarter of 200 ... Continue reading
DETROIT--Aug. 23, 2001--In its 100th year of operation, TRW Inc. will be providing nearly $200,000 in corporate and employee donations this year to the United Way campaign. This month the company made a $71,000 corporate contribution to United Way in Detroit as part of an estimated $1.2 million total corporate gift thi ... Continue reading
ABRA Auto Body & Glass Adds Tennessee Franchise
MINNEAPOLIS--Aug. 23, 2001--ABRA Auto Body & Glass, a Minneapolis-based damaged vehicle repair company, announced the opening of its sixty-ninth facility today. Located in Cleveland, TN, this is the second ABRA franchise awarded to Nelson Bowers II in the greater Chattanooga trade area. Rollie Benjamin, President and C ... Continue reading
Cincinnati Machine and DS Technologie GmbH DST Announce Changes to Strengthen Partnership
CINCINNATI--Aug. 23, 2001--In response to changing international market conditions and in an effort to remain focused on manufacturers' needs, Cincinnati Machine and DS Technologie GmbH (DST) have introduced a restructuring plan for the operations of Cincinnati DST LLC. Under the plan, new DST equipment sales will be m ... Continue reading
Mike DuBose, CEO, Aftermarket Technology Corp. to Appear on CNBC's Power Lunch Program
Mike DuBose, CEO, Aftermarket Technology Corp. to Appear on CNBC's Power Lunch Program WESTMONT, Ill., Aug. 23 Aftermarket Technology Corp. , today announced that Mike DuBose, the Company's CEO, will appear tomorrow, Friday, August 24, 2001 at 12:15 P.M. Central time on CNBC's Power Lunch program. ATC is headquartered ... Continue reading
Standard Automotive Corporation Announces Forbearance under Credit Facility
NEW YORK--August 23, 2001--Standard Automotive Corporation (AMEX: AJX - news) today announced that the Company and its bank lenders under the Company's Term Loan and Revolving Credit Facility ("Credit Facility") have entered into a forbearance agreement expiring on September 14, 2001. Pursuant to the forbearance agreem ... Continue reading
Thinkpath' s CEO, Declan French, Featured on CEOcast.com
TORONTO--Aug. 23, 2001--Thinkpath Inc. , an IT and engineering services firm, announced today that its Chairman and CEO, Declan French, is being featured in an online interview at CEOcast.com. A link to the interview is at http://www.ceocast.com. About Thinkpath Inc. Thinkpath is a provider of IT & engineering services ... Continue reading
IRVINE, Calif.--(BW SportsWire)--Aug. 23, 2001--The Volvo Ocean Race (www.VolvoOceanRace.org) is recognized as the pre-eminent test of long-distance ocean yacht racing -- with top level sailors challenging the world's toughest seas and sailing conditions in a nine-month point-to-point battle that begins September 23 in ... Continue reading
Sunday September 2, 2001 USAC Silver Bullet Series DuQuoin, Illinois 51st Running Ted Horn Memorial 100 Presented By Southern Illinoisan Newspaper 100-Mile Championship Dirt Car Race DuQuoin State Fairgrounds-Home of the "Magic Mile" Gamester, Darland, Elliot Favorites To Win 51st Southern Illinoisan- Ted Horn Memorial ... Continue reading
49th Running on the "Magic Mile" Southern Illinois 100 100-Mile National Championship Stock Car Race Automobile Racing Club of America Labor Day, September 3, 2001 DuQuoin State Fairgrounds DuQuoin, Illinois NASCAR COMES TO DUQUOIN AS DRIVERS KEN SCHRADER, TONY STEWART AND OWNER ANDY PETREE COMPETE IN ARCA-SOUTHERN ILL ... Continue reading
Bandag, Incorporated Declares Quarterly Dividend
Bandag, Incorporated Declares Quarterly Dividend MUSCATINE, Iowa, Aug. 28 The Board of Directors of Bandag, Incorporated, today declared a regular quarterly dividend of $.305 per share on the Common Stock, Class A Common Stock and Class B Common Stock of the Company payable October 19, 2001 to shareholders of record at ... Continue reading
Donner Corp. International Issues Speculative Buy Recommendation on Advanced Wireless Systems, Inc.
Donner Corp. International Issues Speculative Buy Recommendation on Advanced Wireless Systems, Inc. SANTA ANA, Calif., Aug. 28 Donner Corp. International, a broker/dealer specializing in investment banking, headquartered in Santa Ana, Ca., today issued a Speculative Buy Recommendation and initiated coverage on Advanced ... Continue reading
LIVE! CHAT WITH GM RACING NCTS PROGRAM MANAGER DAYNE PIERANTONI
Join us TONIGHT!! in a live chat with GM Racing Program Manager Dayne Pierantoni on the NASCAR Craftsman Truck Series next Tuesday! Log on to truckseries.com. LIVE CHAT! TUESDAY AUGUST 28 AT 8 p.m. ET on TruckSeries.com hosted by Mike Hahn DAYNE PIERANTONI, GM RACING PROGRAM MANAGER SILVERADO RACING IN NASCAR CRAFTSMAN ... Continue reading
Owosso Corporation Announces Results for the Third Quarter of Fiscal 2001
Owosso Corporation Announces Results for the Third Quarter of Fiscal 2001 KING OF PRUSSIA, Pa., Aug. 28 Owosso Corporation today announced a net loss available for common shareholders of ($1.3 million), or ($0.22) per share, for its third fiscal quarter ended July 29, 2001, as compared to a net loss available for commo ... Continue reading
S&P Asgn Prelm Rtg to Nissan Auto Recs 2001-C Owr Tr
NEW YORK--Standard & Poor's--Aug. 28, 2001-- Standard & Poor's today assigned its preliminary ratings to Nissan Auto Receivables 2001-C Owner Trust's $1,225.250 million asset-backed notes. The preliminary ratings are based on information as of Aug. 28, 2001. Subsequent information may result in the assignment of final ... Continue reading
S&P Assigned Preliminary Ratings to Nissan Auto Receivables 2001-C Owner Trust
S&P Assigned Preliminary Ratings to Nissan Auto Receivables 2001-C Owner Trust NEW YORK, Aug. 28 Standard & Poor's today assigned its preliminary ratings to Nissan Auto Receivables 2001-C Owner Trust's $1,225.250 million asset-backed notes. The preliminary ratings are based on information as of Aug. 28, 2001. Subsequen ... Continue reading
Universal Ice Blast, Inc., Receives Purchase Order From Ford
Universal Ice Blast, Inc., Receives Purchase Order From Ford KIRKLAND, Wash., Aug. 28 Universal Ice Blast, Inc., (UIBI) has received its first purchase order from the Ford Motor Company. The purchase order is for an automated ice blast system for production cleaning, which is to be installed at Ford's Sharonville, Ohio ... Continue reading
-- Known as Panta Sumida, America, this joint venture will serve as a unique source for manufacturing, marketing and supplying Flat Flex cable locally to automotive customers and jumpers for various applications in the North American and NAFTA markets. You can reach the story directly by going to http://www.newstream.c ... Continue reading
Buzz Bits- Chicago notes and quotes on Buzz Calkins and Bradley Motorsports
Buzz Bits - Notes on Buzz Calkins and Bradley Motorsports Delphi Indy 300 - Chicagoland Speedway #12 Bradley Food Marts/ Sav-O-Mat Dallara-Oldsmobile home away from home Buzz Calkins is no stranger to the Chicagoland. His mother, Kathy, grew-up in the area and as a child Buzz spent summers visiting his grandparents in ... Continue reading
Another Settlement By Firestone
NASHVILLE, Tenn. -- In a widely distributed story the AP reported that Bridgestone/Firestone Inc. has settled, for an undisclosed amount, the next lawsuit scheduled for trial over a tire separation on a Ford Explorer that rolled over, a spokeswoman confirmed Wednesday. "It has been settled. I don't have any details and ... Continue reading
EPA Cuts CITGO Some Slack To Lower Gas Prices
AP reported that The American Petroleum Institute reported late Tuesday that U.S. gasoline supplies shrank by 6.7 million barrels in the past week to 196.2 million barrels, or 3 million barrels below year ago levels. Analysts said the shortfall will probably cause prices to rise as the summer driving season winds down. ... Continue reading
Stuttgart, Germany -- Bloomberg reported in a story that DaimlerChrysler AG, the No. 5 carmaker, plans to introduce the Mercedes-Benz G-Class off-road vehicle in the U.S. this fall to capitalize on the popularity of the M-Class sport-utility vehicle. The G-Class is made by Steyr-Daimler-Puch AG in Austria under license ... Continue reading
The T-Birds Are Once Again Flying Off the Wixom Line
Associated Press reported that Production at Ford Motor Co.'s Wixom Assembly Plant will resume this morning, a spokesman said Wednesday. The plant, which produces the Thunderbird, Lincoln Town Car, Continental and LS sedans, stopped running Aug. 15 when a problem was discovered with a hydraulic cooling system fan on th ... Continue reading
DETROIT, Aug. 29 -- Reuters reported today that Ford Motor Co. will not give bonuses this year to 6,000 top executives, including Chief Executive Jacques Nasser, as its profits have shrunk under pressure from declining sales and the Firestone tire recall. The world's second-largest automaker is in the midst of cutting ... Continue reading
Delphi Earns Prestigious Awards From DaimlerChrysler
Delphi Automotive Systems announced today, the company was recently recognized with two prestigious supplier awards from DaimlerChrysler Corporation. Delphi Energy & Chassis Systems Home Avenue Operations in Dayton, Ohio was named a Commodity Award winner for 2000. The award recognizes outstanding performance exhibited ... Continue reading
Hyundai Motor Finance Closes $600 Million Asset Backed Securitization
Hyundai Motor Finance Co. today announced the closing of a $600 million asset securitization transaction backed by more than 45,000 automobile loans in the United States. The transaction was underwritten by JPMorgan with Bank of America Securities, Societe Generale, and Barclays Capital acting as co-managers. The trans ... Continue reading
International Playing Field Leveled at "Auto-Tech 2001"
Sophim, Inc. of Clearwater, Florida, officially launched EDIFACT Prime(TM), a breakthrough EDI software program, at the automotive industry's "Auto-Tech 2001" show in Detroit, today. Because of its low cost and high functionality, companies that once could not afford to transact using the EDI standards demanded by GM, ... Continue reading
Johnson Controls Appoints Paul Van Hoof GM Optima(R) Batteries
Global battery supplier Johnson Controls, Inc. has named Paul Van Hoof general manager of OPTIMA(R) batteries. In his new position, Van Hoof is responsible for leading the growth of Johnson Controls OPTIMA batteries in the automotive, marine and industrial markets. "Van Hoof's appointment as general manager of OPTIMA b ... Continue reading
New Campaign Aims to Increase Passenger Safety Among Minorities
-- WHAT: Press conference to launch new safety restraint campaign called C.A.R.E. WHEN: Thursday, Aug. 30, 2001 at 9:00 AM WHERE: Houston TRANSTAR 6922 Old Katy Road WHY: The C.A.R.E. (Child and Adult Restraint Education Program) campaign aims to increase the usage of proper safety restraints among minorities in the Gr ... Continue reading
Synthetic Lubricants Market - new study from Frost & Sullivan
Around the globe, petrochemical companies are increasing their investment in the production of Linear-Alpha Olefins (LAOs) in a bid to keep pace with the growing demands of end-user industries. The fact that six facilities are currently either planned or under construction (see table), including a new 20,000 tonnes/yr. ... Continue reading
Syntroleum, Advantage and ENAP to Pursue Gas-to-Liquids Project in Chile
Syntroleum Corporation announced today that it has signed an agreement with Empresa Nacional del Petroleo (ENAP), the national oil company of Chile, and Advantage Resources International, headquartered in Denver, Colorado to conduct a project assessment study for a 10,000 barrel per day synthetic fuels plant to be loca ... Continue reading
The European Starters and Alternators Aftermarket
New entrants strengthen market competition A new study by automotive analysts Frost & Sullivan shows increasingly fierce competition in the European starter motors and alternators aftermarket. In recent years, the market has been characterised by a slight decline in units and revenues, increasing consolidation among th ... Continue reading
Vacationers Should Beware of Purchasing Duplicate Coverage
With Labor Day weekend just around the corner, many travelers will rent cars for their getaways. But before spending additional money on rental car insurance, vacationers should become familiar with their existing insurance options. Most auto insurance policies provide coverage for rental cars, so long as they are not ... Continue reading
Veteran NBA Executive is TRAC Advisor
A veteran sports executive who has held top positions with three teams in the National Basketball Association, has joined Team Racing Auto Circuit's (TRAC) Board of Advisors. Team Sports Entertainment Inc. (OTC Bulletin Board: TSPT), the parent company made the announcement that Carl Scheer will join that Board immedia ... Continue reading
VIA, EMT Alliance Drives Manufacturing to New Heights
VIA Information Tools, Inc. has chosen Executive Manufacturing Technologies, Inc. (EMT) as the web-deployed interface provider for Man-IT(TM) (Manufacturing Information Tool), the only automotive manufacturing shop-floor software product providing automated data collection, manufacturing traceability, production valida ... Continue reading
Warrantech Settles With AIG and Resolves Dispute With Service Guard
Warrantech Corporation announced that after almost two years of litigation, it has settled all pending disputes with American International Group, Inc. ("AIG") and Service Guard Insurance Agency, Inc. Joel San Antonio, Chairman and CEO of Warrantech, stated, "While the agreement stipulates that the specific terms of th ... Continue reading
NASCAR WCUP: Ward Burton hopes to tame Darlington again
August 16, 2001 “Darlington has seen its share of great drivers. I can remember being a kid and watching David Pearson drive around Darlington and win all of those races. I am just glad that I finally joined the list of drivers to tame this incredibly difficult track.” -Ward Burton, driver of the No. 22 Cat ... Continue reading
CORR: BorgWarner World Championships at Crandon International Off Road Raceway
August 30, 2001 WHAT TO LOOK FOR AT CRANDON: GREAVES "SHOOTS" FOR WIN IN BORG WARNER SHOOTOUT - Local Wisconsin off-road racer Johnny Greaves will line up his Forest County Potawatomi Toyota Tundra 4x4 for the first time in the legendary BorgWarner Shootout this weekend at Crandon. Greaves, DePere, Wis., finished third ... Continue reading
MIDGETS: Teddy Beach clinches NAMARS Regional Midget Championship
August 30, 2001 (Donnelsville, OH) - Most young people just entering into their senior year in high school have all sorts of things on their minds - plans for the year that involve their final farewell to the daily home away from home they've gotten used to for three years. Proms, senior parties, graduation, college, a ... Continue reading
USAR: PARS and CARS Pro-Am Golf Tournament Revs Up Weekends Activities
August 30, 2001 Lakeland, FL – The swoosh of fairway drivers and the 1 PM shotgun start of Wednesday’s Pro-Am Golf Tournament launched the weekends activities dubbed the PARS and CARS Classic. Hosted by Cleveland Heights Golf and Country Club, the best of the NGA Hooters Golf Tour joined forces with the Cit ... Continue reading
ASA Imposes Probation for Joey Clanton and Mike Miller
August 30, 2001 Pendleton, Ind. - Officials from the American Speed Association have placed ASA ACDelco Series drivers Joey Clanton and Mike Miller on probation for the balance of the 2001 season. Clanton, a second-year competitor from Stockbridge, Ga., was cited with the measure of probation after what ASA officials r ... Continue reading
INDY RACING: Delphi Indy 300 Event Happenings, Chicago
August 30, 2001 JOLIET, Ill. - Event happenings leading up to and during the Delphi Indy 300 on Aug. 31-Sept. 2 at Chicagoland Speedway: SCHEDULE: The Delphi Indy 300 starts at 3 p.m. (CDT) Sept. 2. ... Continue reading
NASCAR WCUP: Marlin and Leffler prepared for Darlington's Southern 500
August 30, 2001 · Marlin's best career start in the Southern 500 is 1st (1992) and his best finish is 4th (1987). Marlin has scored three top-5s and seven top-10s throughout his 17 Southern 500 starts. In the 2000 event, Marlin started 33rd and finished 17th. · Marlin is currently fourth in overall NASCAR Winston Cup ... Continue reading
NASCAR WCUP: Whirlwind Week Wraps at Darlington for Stewart
August 30, 2001 ATLANTA - There was no slowing down Tony Stewart last Saturday night at Bristol (Tenn.) Motor Speedway, and that trend continued during the days leading up the Mountain Dew Southern 500 at Darlington (S.C.) Raceway. After winning the Sharpie 500 under the lights at Bristol, Stewart made it back to his C ... Continue reading
INDY RACING: New SEMA facility named in honor of Speedway Chairman
August 30, 2001 INDIANAPOLIS - The State of Indiana's renovated State Emergency Management Agency search-and-rescue facility has been named in honor of Indianapolis Motor Speedway Corporation Chairman Mari Hulman George. The Mari Hulman George Search and Rescue Academy is located on the grounds of Camp Atterbury, a for ... Continue reading
CART names Robert Dole Support Series Promotions Manager
August 30, 2001 DETROIT - Championship Auto Racing Teams, Inc. today announced that Robert Dole has joined the company as its Support Series Promotions Manager. Dole will lead efforts to promote and build presence for the CART Development System, with a particular focus on CART's partnership with the Skip Barber Racing ... Continue reading
NASCAR WCUP: Ken Schrader gears up for racing at Darlington
August 30, 2001 Schrader On The Union-Darlington Record Club... "There are guys in the club that only come to one race a year, and they come to Darlington just for that dinner. I remember going to the dinner as a rookie and there was Elmo (Langley) - who had been in the club forever - standing there in his white jacket ... Continue reading
TRACKS: Sears Point Raceway Extends Relationship with Alhambra Water
August 30, 2001 SONOMA, Calif. - Alhambra and Sears Point Raceway have signed an agreement renewing Alhambra's status as the "Official Home Water Delivery Service" of Sears Point Raceway. The two-year agreement continues a relationship between Sears Point and Alhambra that dates back to 1998. Alhambra gains exclusive w ... Continue reading
ATLANTICS: Joey Hand seeks first Atlantic win at Molson Indy Vancouver
August 30, 2001 Chesterland, Ohio - As the 2001 CART Toyota Atlantic rookie points leader, Joey Hand hopes to capture his first victory of the season at this weekend's Molson Indy Vancouver, the 10th round of the 12-race Atlantic championship series. Hand, who drives for the 2000 Atlantic championship-winning DSTP Moto ... Continue reading
NASCAR WCUP: Dodge Celebrates, Makes History at Darlington
August 30, 2001 DARLINGTON, S.C. - In late summer, the air in South Carolina is often heavy with humidity. This weekend at Darlington Raceway, the air will be heavy with history as the past is celebrated and drivers compete for the honor of having their name added to the list of legends who conquered the track too toug ... Continue reading
NASCAR WCUP: Five fans have shot at No Bull Five bonus at Richmond
August 30, 2001 WINSTON-SALEM, N.C. - Five lucky NASCAR Winston Cup fans have been selected as finalists for the fourth Winston No Bull 5 event of the season, the Chevrolet Monte Carlo 400 at Richmond International Raceway Saturday, Sept. 8, 2001. If one of the eligible drivers wins the race at Richmond next Saturday n ... Continue reading
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