Caymans to Share Tax Information - Just When You Thought It Was Safe To Come Out of The Water
Tax-haven Cayman Islands Signs Information-Sharing Agreement With Bush Administration By CURT ANDERSON AP Tax Writer WASHINGTON (AP) -- The Cayman Islands, long considered a Caribbean haven for tax evaders, signed an agreement Tuesday with the Bush administration to share tax information that would help the United Stat ... Continue reading
WESTBOROUGH, Mass.--Nov. 27, 2001-- KISWIRE, Ltd. To be Exclusive Distributor of AMSC's HTS Wire in Korea American Superconductor Corporation , a leading global supplier of superconductor products and power electronic converters for the electric power industry, today announced the signing of an agreement with Korean-ba ... Continue reading
Cummins Announces Teleconference on 2002 Outlook
COLUMBUS, Ind.--Nov. 27, 2001--Cummins Inc. announced today that it has scheduled a conference call on Thursday, November 29th, to discuss its 2002 financial outlook. The company will hold a live audio webcast at 11:00 AM Eastern Standard Time. A company news release discussing the topic of the teleconference will be a ... Continue reading
GM Selects VESTAR for Energy Savings Projects
CINCINNATI--Nov. 27, 2001--VESTAR, Inc., an affiliate of Cinergy Corp. , has been selected by General Motors to design and implement energy savings projects at several of its automotive manufacturing facilities. VESTAR will provide the engineering, construction management and financing of the projects, which will inclu ... Continue reading
Innovative Holdings Board of Directors OK's Merger With USTech Materials Corporation Subsidiary
ORLANDO, Fla.--Nov. 27, 2001--The Board of Directors of Innovative Holdings & Technologies, Inc. (OTCBB:IHTL) has voted in favor of the company merging with its USTech Materials Corporation subsidiary. The new corporation will be named USTech Materials Corporation (USTM) and listed with a new stock symbol on the OTC/BB ... Continue reading
XR Ventures Invests in Optical Component Start-up Triformix, Inc.
GRANDVILLE, Mich.--Nov. 27, 2001--X-Rite, Incorporated , announced that its strategic venture capital group, XR Ventures, LLC, has invested in Triformix, Inc., a developer of precision injection molded optical components serving the datacom and telecommunications markets. Triformix designs and manufacturers enabling op ... Continue reading
MAII Holdings, Inc. Acquires 2.24 Million MAII Shares
PLANO, Texas--Nov. 27, 2001--MAII Holdings, Inc. (OTCBB: MAII) today issued the following market announcement: MAII Holdings, Inc. (MAII) today announced that it has completed the acquisition of an aggregate of 2,243,838 shares of its common stock from three groups of substantial shareholders. Following such purchases, ... Continue reading
ADP Claims Services Group to Acquire AutoVista Business from ComputerLogic
SAN RAMON, Calif.--Nov. 27, 2001--ADP® Claims Services Group today announced that it has signed a definitive agreement to purchase substantially all of the assets of ComputerLogic's® AutoVista(TM) claims line of business. The AutoVista assets will be combined with ADP's Claims Gateway(TM) to provide a broad technolog ... Continue reading
Firstar, U.S. Bank Sign Preferred Lender Agreement With Jayco RV
CINCINNATI & LOUISVILLE, Ky.--Nov. 27, 2001-- Firstar, through its Recreation Finance Division, has signed an agreement with Jayco, Inc., one of the nation's leading manufacturers of recreational vehicles (RVs), to be Jayco's preferred lender and provide a wide variety of financing plans to consumers through Jayco deal ... Continue reading
R. L. Polk Spins-Off Dealer Consulting Services
SOUTHFIELD, Mich., Nov. 27 -- R. L. Polk & Co. today announced a new approach in providing dealer consulting services to support its core dealer marketing products such as PolkOne, Cross Sell and list services to meet the marketing needs of dealership and OEM clients. As such, Polk's Professional Services division that ... Continue reading
Opel Makes Major Advances in Fuel Cell Development - "HydroGen3" Bye Bye OPEC?
FOR RELEASE: November 27, 2001 >2001: Opel Makes Major Advances in Fuel Cell Development "HydroGen3" prototype with more compact propulsion system Fuel cell Zafira "HydroGen1" sets international records New fuel cell unit with higher power density Rüsselsheim. On the path to volume production of fuel cell vehicles, th ... Continue reading
Nick Reilly to Head Daewoo Transition Team
DETROIT AP reported that General Motors Corp. has named an executive from its European operations to lead the transition team involved with its planned takeover of South Korea's Daewoo Motor Co. GM said Tuesday that D. Nick Reilly, currently GM vice president and GM Europe vice president in charge of sales, marketing a ... Continue reading
Is Chrysler Getting Out of Road Racing?
Chrysler, road racing, Le Mans, ... Continue reading
McLaren to Take GM Racing Cylinder Head From Prototype-to-Production
LIVONIA, Mich. and OLDCASTLE, Ontario, Nov. 27 -- McLaren Performance Technologies, Inc. announced that it has been named by GM Racing as the development and manufacturing source for its new VorTech V8 performance cylinder head. McLaren Performance will work in partnership with GM Racing to fulfill its design intent fo ... Continue reading
GM Full-size Pickup That Can Run On Ethanol
FOR RELEASE: November 27, 2001 GM now offers the only full-size pickup in the market that can run on ethanol (E85) Detroit - The Chevrolet Silverado and GMC Sierra are the industry's first full-size pickup trucks which will be available with the option to operate on ethanol (E85) fuel. E85, a renewable fuel made from s ... Continue reading
Federal-Mogul Redirects Sponsorship of NHRA Sportsman Series
SOUTHFIELD, Mich., Nov. 27 -- Federal-Mogul Corporation will launch a 2002 initiative to increase direct support of National Hot Rod Association sportsman competitors through multiple contingency purses and an expanded low-qualifier award program. As part of this new strategic involvement in NHRA competition, the compa ... Continue reading
Modena Man Wins a Harley Instantly From the Lottery
MIDDLETOWN, Pa.--Nov. 27, 2001--Azriel Ortiz, 29, of Chester County won a Harley-Davidson(R) Sportster(R) 1200 Custom(TM) motorcycle, in the Lottery's $2 HARLEY-DAVIDSON(R) USA instant ticket game. Mr. Ortiz will receive his motorcycle during a formal presentation to be held Wednesday, November 28, 2001, at 11 a.m., at ... Continue reading
GM Ready to Conclude Daewoo Merger
November 27, 2001 Sacramento - General Motors took its good old time in negotiating its acquisition of Korea's bankrupt Daewoo Motors, but the General is now anxious to close the deal before the end of the year. That's the word from Korea where Daewoo says it has assigned more people to the acquisition team, and in Det ... Continue reading
Ford in Its Seventh Recall of Focus
November 27, 2001 Sacramento - Ford financial managers don't have to look far when trying to examine why the company is in such dire financial straits. The company is believed to have set a record yesterday in announcing the seventh recall of the Ford Focus in the last year. And while Ford denies that the latest is a s ... Continue reading
Chrysler Loses Freak NJ Lawsuit
November 27, 2001 Sacramento - The Chrysler Group took a real hit in a New Jersey court yesterday when a jury handed down a verdict ordering Chrysler to pay $20 million to the family of a woman that was killed while at the wheel of a Plymouth Voyager minivan. The freak accident occurred when a wheel on car (also a Chry ... Continue reading
Europe Auto Safety Measures Could Cost U.S.
November 27, 2001 Sacramento - There is growing consensus in the European Union towards the passage of voluntary safety measures that would make European vehicles more "friendly" when they hit pedestrians and cyclists. The laws, which will affect automotive design, construction and materials, could make it more difficu ... Continue reading
Appearance and Style Steer Custom Wheel and Tire Sales
SAN JOSE, Calif., Nov. 27 -- From young drivers with sports coupes to older motorists with sports utility vehicles (SUVs), consumers are choosing to customize their automobiles with more aesthetically pleasing, higher performance tires and wheels. The need for style and enhanced performance has become as important to m ... Continue reading
ANC Rental Corporation Announces Delisting From The Nasdaq Stock Market
FORT LAUDERDALE, Fla.--Nov. 26, 2001--ANC Rental Corporation announced today that it was notified by the Nasdaq listing qualifications staff that the company's securities would be delisted from the Nasdaq Stock Market as of the opening of business today, November 26, 2001, for failure to comply with the Nasdaq continue ... Continue reading
Donaldson Company Announces First Quarter Results
MINNEAPOLIS--Nov. 26, 2001-- Record first-quarter EPS at 43 cents, up 16 percent on strong gas turbine product sales, continued aggressive cost management Donaldson Company, Inc. , today reported first quarter revenue of $288.4 million for the quarter ended October 31, 2001, down 0.5 percent from $289.9 million in the ... Continue reading
LOS ANGELES--Nov. 26, 2001--Farmers Insurance customers may qualify for a special discount on Farmers auto insurance when they also have a Farmers New World Life Insurance Company policy. The discount is part of an effort by Farmers to provide its valued customers with greater savings on their insurance options. "The a ... Continue reading
Foamex Cushioning Introduction Defies Industry Trend
LINWOOD, Pa.--Nov. 26, 2001--Foamex International Inc. , the leading manufacturer of flexible polyurethane and advanced polymer foam products in North America, reported that year-to-date 2001 sales for its new Reflex HR(TM) furniture cushioning have exceeded forecasts and expectations. Alvaro Vaselli, vice-president ma ... Continue reading
Fw: Vickers Makes Run at USAR Championship in Lakeland
Vickers Makes Run at USAR Championship in Lakeland Sent: Monday, November 26, 2001 2:51 PM Subject: Vickers Makes Run at USAR Championship in Lakeland Vickers Makes Run at USAR Championship in Lakeland Thomasville, NC - Brian Vickers and BLV Motorsports made a run at the 2001 USAR Hooters ProCup Series Championship thi ... Continue reading
SAN JOSE, Calif.--Nov. 26, 2001-- New Option Added to Star, Ring and Other Arrays Currently Available Lumileds Lighting is expanding its Luxeon(TM) family of ultra-compact light sources based on high-powered Light Emitting Diodes (LEDs) by adding individual Luxeon emitters to the various mounted configurations already ... Continue reading
Panamerican Automotive Corporation announces consummation of merger with Lexor International, Inc.
BALTIMORE--Nov. 26, 2001-- Company has potential to become a leader in the $45 billion beauty supply industry Panamerican Automotive, Inc. (OTC Pink Sheets:PAAT) is pleased to announce that it has completed a due diligence process and has acquired 100% of the outstanding shares of Lexor International, Inc., a Maryland ... Continue reading
Johnson Motorsports Contact: Wayne Johnson Racing Relations Johnson Motorsports Email: HootersProCup56@aol.com Lakeland, FL Johnson Motorsports and the Happy Hunting Grounds racing teams went to Lakeland to shake the bad luck the team had found in the Championship Series. "We came down here in hopes of a good finish an ... Continue reading
The RPM Group Awards Contract to Corcentric to Develop Proprietary eCommerce Trading Exchange
MCLEAN, Va.--Nov. 26, 2001--In a joint announcement made today, The RPM Group has entered into a three-year agreement with Corcentric to develop and implement a proprietary B2B eCommerce trading solution. Corcentric's private trading exchange will allow RPM Members to communicate electronically with all of RPM's suppli ... Continue reading
Champion Parts, Inc. Reports Third Quarter Results
Continues Profitability on Higher Sales HOPE, Ark., Nov. 27 -- Champion Parts, Inc. (OTC Bulletin Board: CREB - news) today reported third quarter net income for the period ended Sept. 30, 2001 of $9,000, or $0.00 per share, compared to $14,000, or $00.00 per share for the same period in 2000. Net sales increased to $5 ... Continue reading
New Regulator IC Offers the World's Lowest Current Consumption
IRVINE, Calif., Nov. 27 -- In response to the automotive industry's need to decrease stand-by current in feature-rich designs, Toshiba America Electronic Components, Inc. (TAEC)* with its parent company, Toshiba Corporation (Toshiba) today announced a 5 Volt (V) regulator integrated circuit (IC) which achieves a typica ... Continue reading
DuPont Provides Custom Portals for Auto Body Shops
PORTSMOUTH, N.H.--Nov. 26, 2001-- Bowstreet Business Web Factory and Portal Automator Option helps DuPont Performance Coatings strengthen customer relationships and cut costs DuPont Performance Coatings (DPC), a strategic business unit of DuPont, is launching custom B2B portals for its auto body shop customers and dist ... Continue reading
News from Kenworth: Ross and Tobin Promoted
NEWS RELEASE FOR IMMEDIATE RELEASE CONTACT: Jeff Parietti, (425) 828-5196 jparietti@paccar.com Kenworth Promotes Ross, Tobin To Controller Positions KIRKLAND, Wash., Nov. 26, 2001 - Kenworth Truck Company has promoted Victor Ross to division controller and John Tobin to assistant division controller at its Kirkland, Wa ... Continue reading
Sears Point Distributes Nearly $175,000 to Area Youth Groups
Contact: John Cardinale Sears Point Raceway (707) 938-8448 X107 Speedway Children's Charities Distributes More Than $172,000 to County Youth Groups SONOMA, Calif. (IMMEDIATE RELEASE) - Sonoma County youth organizations will receive donations totaling more than $172,000 in the coming weeks from the Sears Point Raceway c ... Continue reading
PALM BEACH GARDENS, Fla.--Nov. 26, 2001--Accident Prevention Plus OTC BB: ACDT that recently announced a long-term research and development alliance with Carnegie Mellon Driver Training Safety Institute expects to qualify for American Stock Exchange listing within the next fiscal year. ACDT President and CEO Jean Claud ... Continue reading
Official Race Results USAR â“ Hooters ProCup Series Alan Kulwicki Memorial Hooters 300 November 24, 2001 USA International Speedway â“ Lakeland, Florida 1. (3) Bobby Gill, Ford, 301, $10,000 2. (7) Brian Vickers, Chevrolet, 301, $5,000 3. (4) Mardy Lindley, Ford, 301, $4,000 4. (6) Mario Gosselin, Chevrolet, ... Continue reading
Cummins Files Amendment to Form S-3
COLUMBUS, Ind.--Nov. 26, 2001--Cummins Inc. and Cummins Capital Trust I today filed Amendment No. 1 to their Registration Statement on Form S-3 (file No. 333-68592) with the Securities and Exchange Commission. This registration Statement relates to the registration of 6,000,000 7% Convertible Cumulative Quarterly Incom ... Continue reading
Ford Credit Auto Owner Trust 2000-A Upgraded By Fitch
NEW YORK--Nov. 26, 2001--Fitch upgrades Ford Credit Auto Owner Trust 2000-A's class B asset-backed notes to `AA' from `A', and class C asset-backed certificates to `A+' from `BBB+'. The rating upgrades are a result of increased available credit enhancement. The collateral continues to perform within Fitch's base case e ... Continue reading
Paradigm's Destinator-TM At Radio Shack
TORONTO--Nov. 26, 2001--Paradigm Advanced Technologies, Inc., (OTCBB:PRAV) announces that Radio Shack Canada (Div. Intertan Canada Limited ITN-NYSE) today placed an initial order for their Destinator(TM) GPS-based navigation system. The Destinator(TM) product will be sold through Radio Shack Canada's 'Gear & Gadgets' h ... Continue reading
We have attatched mug shots of Bobby Gill and Toby Robertson for your use. Bobby Gill won the 2001 USAR Hooters ProCup Series National Championship. Toby Robertson won the 2001 Miller Lite Rookie of the Year Award. ... Continue reading
Hello All Media Outlets, I apologize for the delay....I was waiting on some drivers to call me back for quotes and such. I have four releases within this emial....each has a FOR IMMEDIATE RELEASE statement at the top of the article and a -30- at the end to keep them seperated. The four releases are titled as follows: 1 ... Continue reading
Get Traction with Tire Safety Data
Storydata.com Gets Traction with Wheel-time Tire Safety Data Nov. 26, 2001 - OTTAWA: With recent lawsuits having brought a greater public focus on tire safety, automotive consumers are justifiably concerned about tire traction and durability ratings. To help drivers explore tire safety information online, Databeacon In ... Continue reading
Problem Car Alert Protects Consumers
FAIRFAX, Va.--Nov. 26, 2001--Carfax, the leading provider of vehicle history reports, unveiled today a new feature on Carfax.com--the "Problem Car Alert." This new tool allows website visitors to instantly obtain a top ten list of vehicles in their area with bad histories. "The free 'Problem Car Alert' functions as a w ... Continue reading
Copart Reports Record First Quarter Results
Business Editors BENICIA, Calif.--Nov. 26, 2001--Copart, Inc. today reported record profits for its first fiscal quarter ended October 31, 2001. Copart earned net income of $12,758,200 or $.22 per diluted share in the first quarter of fiscal 2002, generating a 38% increase in earnings per share over the same period in ... Continue reading
Alcatel High-Voltage Technology Maximizes System Integration
BRUSSELS, Belgium & DALLAS--Nov. 27, 2001--Alcatel (Paris:CGEP): New 0.35micron Chip Technology is First to Provide 80V Functionality Combined With Higher Digital Integration Alcatel (Paris:CGEP) today announced the launch of I3T, a new-generation technology that combines mixed-signal (analog/digital), high-voltage fun ... Continue reading
Panamerican Automotive merges with Lexor International
BALTIMORE--Nov. 26, 2001-- Company has potential to become a leader in the $45 billion beauty supply industry Panamerican Automotive, Inc. (OTC Pink Sheets:PAAT) is pleased to announce that it has completed a due diligence process and has acquired 100% of the outstanding shares of Lexor International, Inc., a Maryland ... Continue reading
ROSEVILLE, Calif.--Nov. 26, 2001--Today, CustomerLink Systems, the Meineke Dealers Association (MDA) and the Meineke Dealers Purchasing Cooperative, Inc. (MDPCI) announced the appointment of CustomerLink Systems as the vendor of choice for Customer Communication and Loyalty Services. CustomerLink's appointment to natio ... Continue reading
LOS ANGELES--Nov. 26, 2001--Farmers Insurance customers may qualify for a special discount on Farmers auto insurance when they also have a Farmers New World Life Insurance Company policy. The discount is part of an effort by Farmers to provide its valued customers with greater savings on their insurance options. "The a ... Continue reading
Farmers Selects ProcessClaims to Streamline Circle of Dependability Claims Processing
REDONDO BEACH, Calif.--Nov. 26, 2001-- ProcessClaims, the first claims solutions provider to facilitate open architecture claims processing via the Internet, today announced that Farmers has signed an agreement with ProcessClaims. The new agreement facilitates Farmers' utilization of ProcessClaims' industry-leading sol ... Continue reading
J.D. Power and Associates Reports: Internet Usage Among New-Vehicle Buyers Continues to Increase
AGOURA HILLS, Calif.--Nov. 26, 2001--Sixty-two percent of all new-vehicle buyers are turning to the Internet for automotive information while shopping for their vehicle. Most of these shoppers go online for automotive information before they begin visiting dealers, according to the J.D. Power and Associates 2001 New Au ... Continue reading
Farmers Insurance Introduces HelpPoint
LOS ANGELES--Nov. 26, 2001--Having your life turned upside down -- whether it's a fender-bender or a fierce storm -- can leave you wondering what to do next. Waiting hours, even days between sending information to your insurer and getting the claim resolved can be even more frustrating. In the latest development of its ... Continue reading
Safari Associates' Motorsports ``soft wall'' Tested by NASCAR
AMSTERDAM, N.Y.--Nov. 27, 2001--Safari Associates, Inc., (OTCBB:SAFR) announced that its Molecuthane(TM) motorsports "soft wall", which the company successfully demonstrated on September 26th at the Indianapolis Speedrome, is now being tested by NASCAR. On October 24th, NASCAR officials contacted Safari Associates and ... Continue reading
Popular Mechanics Design and Engineering Award
AUBURN HILLS, Mich., Nov. 27 -- Popular Mechanics presented DaimlerChrysler Corporation with a Design & Engineering Award recognizing excellence in engineering, design and innovation for the all-new 2002 Jeep® Liberty. The Design & Engineering Award is the highest honor the magazine can bestow. ``Our Popular Mechanics ... Continue reading
Shell's Equity Infusion Secures Airbiquity Fund Raising
LONDON & BAINBRIDGE ISLAND, Wash.--November 27, 2001--Airbiquity, a location technology company that delivers global positioning system (GPS) data to any wireless network worldwide, today announced a major funding commitment from Shell Internet Ventures BV (Shell), bringing the company's total round "D" financing to $1 ... Continue reading
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.
Vehicle manufacturers and alt fuels.
