The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

October 2001

Select Another Month

Friday, October 19, 2001

Southern California Car Dealership Chooses U.S. Bank

Southern California Car Dealership Chooses U.S. Bank

Orange Coast Jeep Chrysler in Costa Mesa, Calif., has chosen U.S. Bank to provide a number of financial services. U.S. Bank, with specialists in commercial dealer relationships, will help owner Gary Gray realize his long-term vision of unifying the Chrysler products and services in Costa Mesa through the acquisition of ... Continue reading

Visteon Reports Q3

Visteon Reports Q3

October 19, 2001 Distributed By Visteon Corporation Dearborn, Michigan - Visteon Corporation today announced a Third Quarter loss of $95 million or $0.74 per share. Excluding restructuring actions, the loss was $74 million or $0.57 per share. Visteon earned $48 million or $0.37 per share in the Third Quarter of 2000. " ... Continue reading

Women engineers of the future get first look at Ford Fusion

Women engineers of the future get first look at Ford Fusion

London, 11 October Distributed on behalf of Ford Brentwood, England - Over 100 future women engineers will be finding out about Ford's latest concept car, the Fusion, at an annual engineering event, just for them. The Women in Engineering event is being held for the fourth year at Britain's largest automotive engineeri ... Continue reading

Most Wanted Car Awards For 2002

Most Wanted Car Awards For 2002

Finance Home - Yahoo! - HelpClick Here for Yahoo Store![ Latest Headlines | Market Overview | News Alerts ] ^DJI^IXIC^SPC^IIX^PSE9,150.771,658.241,066.55119.60583.68-1 2.45+5.52-2.06-1.55+5.51Quote Data provided by ReutersFriday October 19, 2:15 pm Eastern TimeSOURCE: Edmunds.com SANTA MONICA, Calif., Oct. 19 -- Edmund ... Continue reading

Miami Auto Show Highlights - Stay Tuned For Video From TACH !

Miami Auto Show Highlights - Stay Tuned For Video From TACH !

MIAMI BEACH, Fla., Oct. 19 -- Visitors to the 31st annual South Florida International Auto Show can register to win a 2002 Jeep Liberty Sport and a two-year lease for Jaguar's all new X-Type. The all-new Liberty Sport, compliments of the South Florida Chrysler-Jeep Dealers, offers a 2.4- liter V-6 engine delivering 140 ... Continue reading

What Saftey Features New Car Buyers Say They Want

What Saftey Features New Car Buyers Say They Want

Emerging Features Prove Increasingly Popular to New-Vehicle Buyers FOR IMMEDIATE RELEASE: October 18, 2001 AGOURA HILLS, Calif.—The next generation of airbag technology is high on the list of safety-related equipment desired by new-vehicle buyers, according to the J.D. Power and Associates 2001 Automotive Perform ... Continue reading

General Motors Foundation Donates $1 Million To The Detroit Zoological Institute's Arctic Ring Of Life

General Motors Foundation Donates $1 Million To The Detroit Zoological Institute's Arctic Ring Of Life

FOR RELEASE: October 19, 2001 General Motors Foundation Donates $1 Million To The Detroit Zoological Institute's Arctic Ring Of Life Royal Oak, Mich.- General Motors and the GM Foundation have donated $1 million to the world's largest polar bear exhibit -- the Arctic Ring of Life. The Detroit Zoo exhibit opens its door ... Continue reading

PPG Directors Set Dividend

PPG Directors Set Dividend

PITTSBURGH--Oct. 19, 2001--The board of directors of PPG Industries today declared a regular quarterly dividend of 42 cents a share, payable Dec. 12 to shareholders of record Nov. 12. PPG has paid uninterrupted dividends since 1899, increasing payments for 31 consecutive years. ... Continue reading

PPG Reports On Third Quarter

PPG Reports On Third Quarter

PPG Industries reported today third quarter net income was $93 million, or 55 cents a share, on sales of $2.00 billion. This compares with third-quarter 2000 net income of $150 million, or 86 cents a share, including one-time after-tax charges of $3 million, or two cents a share, to rationalize the PPG Auto Glass autom ... Continue reading

Auto Club: Tumbling Gas Prices Continue Downward Slide

Auto Club: Tumbling Gas Prices Continue Downward Slide

Gasoline prices declined for the fifth consecutive week, throughout Southern California, giving motorists prices that are more than 25 cents lower than last year's levels, according to the Automobile Club of Southern California's Weekend Gas Watch. Currently, the average price of self-serve regular unleaded in the Los ... Continue reading

Myers Industries Reports Third Quarter and Nine Month Results

Myers Industries Reports Third Quarter and Nine Month Results

Myers Industries, Inc. today announced that net sales for the third quarter ended September 30, 2001, were $141,446,944, a decrease of 8 percent from the $153,547,329 reported in 2000. Net income was $1,690,795, a decrease of 46 percent compared to the $3,149,409 in last year's third quarter. Net income per share finis ... Continue reading

Payless Car Rental Offers $19.99 Daily Rate

Payless Car Rental Offers $19.99 Daily Rate

Payless Car Rental System, Inc. is offering a compact size car for $19.99 per day. This special rate is available until mid December and can be secured through your local travel agent, participating Payless locations and online at http://www.PaylessCarRental.com. "This rate is targeted to the business and recreational ... Continue reading

Fitch Rts Pennzoil-Quaker State's New Sr Unsec Nts `BB-`; Rtg Outlk Neg

Fitch Rts Pennzoil-Quaker State's New Sr Unsec Nts `BB-`; Rtg Outlk Neg

Fitch has rated Pennzoil-Quaker State Company's (Pennzoil) expected $250 million senior unsecured note issue `BB-`. The company's existing senior notes, which will become secured, maintain `BB+` ratings. The company's new $350 million secured bank revolver, which will rank pari passu with the existing senior notes, is ... Continue reading

Mercury Products Corp. Names New President

Mercury Products Corp. Names New President

James Kopek has been promoted to president of Mercury Products Corp. In this position, Kopek will oversee all day-to-day operations of Mercury Products four locations in the United States and Canada. He had been Executive VP, Automotive Group, in Chesterfield Michigan. Kopek currently resides in the Detroit area and wi ... Continue reading

Reuteurs Reports: DaimlerChrysler set to post sharp drop in Q3 profit

Reuteurs Reports: DaimlerChrysler set to post sharp drop in Q3 profit

FRANKFURT, Oct 19 Reuters reported today that DaimlerChrysler is set to post a sharp drop in third quarter profits on Tuesday as it struggles to get its U.S. Chrysler unit back in the black in tough markets after last month's attacks in the U.S. DaimlerChrysler, in the midst of a $4 billion overhaul of Chrysler aimed a ... Continue reading

MOODY'S JOINS S&P IN DOWNGRADING FORD RATING

MOODY'S JOINS S&P IN DOWNGRADING FORD RATING

NEW YORK – Reuters reports that Moody's Investors Service on Thursday downgraded its debt ratings for Ford Motor Co., but in an unusual move did not also downgrade its ratings for Ford's finance arm, where most of the debt of the world's second largest automaker lies. They explained that the rating agency's one-n ... Continue reading

Plant Closings

Plant Closings

DETROIT -- The Associated Press reports the following plant closings. General Motors Corp., Ford Motor Co. and DaimlerChrysler AG said Thursday that they are temporarily shutting down several assembly plants because of sluggish sales. GM plants halting production next week starting Oct. 22 are: --Fairfax Assembly, Kans ... Continue reading

FORD DUMPS CART

FORD DUMPS CART

Dearborn, Mich. -- Bloomberg Reported that Ford Motor Co. will stop sponsoring teams in Championship Auto Racing Teams Inc.'s open-wheel racing series after 2002 unless CART relents on new engine requirements. CART, based in Troy, Michigan, is changing its engine specifications for 2003 to make them similar to those in ... Continue reading

TRW Open New Factory In Poland

TRW Open New Factory In Poland

TRW Inc. will officially open a new state of the art 7,500 square meter brake manufacturing plant in Gliwice, Poland, on October 19. With projected investment of more than $25 million, the facility supplies braking actuation products to five major vehicle manufacturers. The facility assembles actuation boosters for Ope ... Continue reading

Funny Ford Focus, Funny Ford Focus Fu

Funny Ford Focus, Funny Ford Focus Fu

FORD, COMEDIAN/ACTOR JAY MOHR TO "FOCUS" ON COLLEGE CAMPUSES DEARBORN, Mich., Oct. 19, 2001 – Ford is sending the all-new, ultra-hip, Focus ZX5 off to college this fall through a multifaceted program designed to plug into college life through connections in music, fashion, entertainment, technology and sports. Th ... Continue reading

GM Q3 Earns $385 Million On Operations Market Share UP But 0% Int and European Operation Result in Loss Of $368 Million

GM Q3 Earns $385 Million On Operations Market Share UP But 0% Int and European Operation Result in Loss Of $368 Million

FOR RELEASE: October 18, 2001 GM Earns $385 Million, or $0.85 Per Share, In Third Quarter, Excluding Special Items GM EARNS $385 MILLION, OR $0.85 PER SHARE, IN THIRD QUARTER, EXCLUDING SPECIAL ITEMS U.S. MARKET SHARE IMPROVES GMAC SETS THIRD-QUARTER EARNINGS RECORD DETROIT — General Motors Corp. today reported t ... Continue reading

SCCA ProRally - Start Order & Late News - Lake Superior

SCCA ProRally - Start Order & Late News - Lake Superior

The press release text included below is also available in a formatted Word97-Word2000 document. If you would prefer to receive our press releases in that format, please send your request to: sccaprorally@aol.com. For immediate release 18 OCTOBER, 2001 START ORDER & LATE BREAKING NEWS SCCA ProRally Championship Round # ... Continue reading

2,000,000th Engine Produced by Joint Venture Between Cummins and Case

2,000,000th Engine Produced by Joint Venture Between Cummins and Case

Cummins Inc. today announced that the 2,000,000th diesel engine to be produced by Consolidated Diesel Co. (CDC), a joint venture between Cummins and Case Corp., rolled off the production line at 9 a.m. on Wednesday, October 10, 2001. The Cummins 9-liter ISL 330-horsepower engine will be delivered to Peterbilt Motors Co ... Continue reading

Airbag Technology Advances Attract Safety-Minded Consumers

Airbag Technology Advances Attract Safety-Minded Consumers

The next generation of airbag technology is high on the list of safety-related equipment desired by new-vehicle buyers, according to the J.D. Power and Associates 2001 Automotive Performance, Execution and Layout (APEAL) Feature Contenting Report(SM) released today. Safety-related features such as airbags and vehicle c ... Continue reading

GM statement regarding mandatory head and neck restraints

GM statement regarding mandatory head and neck restraints

On behalf of General Motors, I would like to applaud NASCAR for its decision to mandate head and neck restraints in its three national touring series. Having tested head and neck restraints such as the HANS and the Hutchens devices, GM remains committed to the belief that these devices represent the best immediate solu ... Continue reading

LADWP Gives USPS ``Stamp of Approval'' for Electric Vehicle Fleet

LADWP Gives USPS ``Stamp of Approval'' for Electric Vehicle Fleet

Representatives from the Los Angeles Department of Water and Power (LADWP), U.S. Postal Service and South Coast Air Quality Management District celebrated as 40 electric carrier route vehicles (ECRVs) were brought on line to begin mail delivery at the Dockweiler post office in the community of South Los Angeles. The ce ... Continue reading

MotorVac Technologies Inc. Press Conference Notification AAPEX

MotorVac Technologies Inc. Press Conference Notification AAPEX

MotorVac, a leading supplier of professional fluid system service and diagnostic equipment, cordially invites you to attend a news conference scheduled to take place Thursday, Nov. 1, from 11 to 11:30 a.m. in Press Conference Room 103, during Industry Week at the AAPEX show (Sands Convention Center) in Las Vegas. Motor ... Continue reading

Valeo's Third Quarter Results

Valeo's Third Quarter Results

Following a meeting of the Supervisory Board on October 18, 2001, Valeo (Paris: FR; OTC: VLEEY) presented its consolidated accounts for the third quarter 2001: In millions of euros 3rd Quarter(a) 9 Months 2001 2000 Variation 2001 2000 Variation Sales 2,335 2,012 +16% 7,806 6,503 +20% Gross margin 396 367 +8% 1,263 1,23 ... Continue reading

Valeo Wins Gold and Silver Innovation Awards At Equip Auto 2001

Valeo Wins Gold and Silver Innovation Awards At Equip Auto 2001

Valeo has won the prestigious Gold innovation award for its novel Silenaio(TM) Flat Blade in the "Aftermarket, Services and Accessories" category of the "International Grand Prix for Technical Innovation" at Equip Auto. Valeo also won a Silver award for its Reglolux(TM) tool in the "Garage Equipment" category. Both tro ... Continue reading

Search The Auto Channel

The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.

The Auto Channel Content by Topic

Vehicle manufacturers and alt fuels.