Japan November auto sales drop on economic blues
TOKYO, Dec 3 Reuters reported that the downturn in demand for Japanese vehicles accelerated in November, with year-on-year sales falling for the third straight month as Japan's economic gloom deepened, industry data showed on Monday. Overall vehicle sales for the month fell 4.9 percent to 474,550 units, according to da ... Continue reading
Take That World: Fastest Rollercoaster (Hey Its Automotive) To Debut In Japan
FUJI YOSHIDA, Japan, Dec 3 Reuters reported that the latest esculation in the Poller Coaster supremecy wars has come from Japan where daring fans will soon be able to enjoy the panoramic view of Mt Fuji -- Japan's symbolic and tallest mountain -- while travelling on the world's fastest rollercoaster. The rollercoaster ... Continue reading
Toyota USA Foundation Awards $915,000 for Math and Science Initiatives
TORRANCE, Calif., Dec. 3 -- The Toyota USA Foundation has approved grants totaling $915,000 to fund four education programs designed to enhance the teaching of K-12 math and science throughout the United States. Recipients of the awards include DuBois-Hamer Institute for African American Achievement at California State ... Continue reading
Addtech Group Acquires Sweden's Alligator
SOLNA, Sweden--Dec. 3, 2001--Adiator AB, part of business area Addtech Component Systems, has concluded an agreement to acquire the business in Alligator International Trading AB for the purpose of increasing the Group's growth in the automotive segment. Alligator is today primarily active in the areas of automotive cl ... Continue reading
PixTech Delivers Displays for Audi Evaluation
SANTA CLARA, Calif. & ROUSSET, France--Dec. 3, 2001--PixTech, Inc. today announced the delivery of field emission displays to be evaluated by Audi under the European Commission IST development program. The displays delivered are 7-inch full color field emission displays with a 480 x 240 resolution and a brightness of 5 ... Continue reading
GM's Cadillac and NFL Announce New Partnership
DETROIT, Dec. 3 -- General Motors and the NFL announced today a new partnership in which Cadillac will become the official vehicle of the Super Bowl and the Pro Bowl. The three-year arrangement enables GM to promote Cadillac vehicles during the two high-profile events in a variety of ways. Elements include sponsorship ... Continue reading
Toyota Sienna Under Investigation For Engine Fires
The AP reported that The federal government has opened an investigation into the 2002 Toyota Sienna minivans after two owners reported a fire in the engine compartment. No one was injured, but investigators say small children had to be evacuated from the vans in both cases. The vans were built this summer at Toyota's K ... Continue reading
GM Cancels "Chevy Outdoors Magazine"
General Motors Corp. has closed the door on its Chevy Outdoors magazine. Citing continued cost-cutting, the automaker confirmed that the winter 2001 edition -- which has just been distributed -- will be the last issue of the quarterly magazine. Chevy Outdoors, launched 13 years ago, was a marketing tool mailed to 500,0 ... Continue reading
Wraps to come off Ginger(Segway)...Is It A Big Deal?
December 3, 2001 ASSOCIATED PRESS Story About Ginger NEW YORK -- After months of hype -- some of it true, some of it false -- inventor Dean Kamen is set to unveil the Segway, a one-person, gyroscope-packed, electric-powered scooter that proponents say will transform transportation. Kamen and his backers have big hopes ... Continue reading
Chrysler To Make Mercedes Parts
AUBURN HILLS, Mich. -- The Detroit Free Press reported that DaimlerChrysler AG will make Mercedes-Benz rear axles at a North American Chrysler factory in 2003 for an upcoming Chrysler LX sedan, part of the U.S. unit's plan to use more parts from the German luxury line. The axles are among several Mercedes parts, includ ... Continue reading
Visteon Giveth An Taketh Away (Money That Is)
The Detroit Free Press reported that Visteon Corp. has joined other major players in the auto industry that are trying to save money by suspending contributions to employee retirement accounts. But the Dearborn auto supplier has also decided to grant substantial raises to hundreds of underpaid salaried workers. Visteon ... Continue reading
Piaggio Unveils Scooter Engine with Orbital Technology
PERTH, Australia, Dec. 2 -- Europe's largest motorcycle producer Piaggio has unveiled a new 50cc engine featuring Orbital's air-assisted direct fuel injection technology. Piaggio stated that the engine, displayed at the Small Engine Technology Conference in Pisa, Italy, is due to go into production in 2002. This latest ... Continue reading
Oil Company Offers Gift Ideas For Car Guys and Gals
HOUSTON, Dec. 3 -- What's hot and in style this year? Pennzoil-Quaker State Company has teamed up with Santa and his automotive elves to help make your search for the right gift fun and affordable. Picture your loved ones inside a new car every month of the year with stylish interior designs manufactured by Axius® a d ... Continue reading
Ford Motor to Lay Off Hundreds
Ford Motor Co. to Announce Cost Cutting Measures, Including Laying Off Hundreds of Workers DEARBORN, Mich. (AP) -- Ford Motor Co. [NYSE:F - news] is expected to lay out several steps to stem losses, including cutting some benefits for white-collar employees and laying off hundreds of hourly workers. The latest moves, w ... Continue reading
Volkswagen Sales Up 3.3 Percent in November - Best November Since 1973
AUBURN HILLS, Mich., Dec. 2 -- Amid a U.S. car market that is increasingly competitive, Volkswagen of America, Inc. today reported its best November sales in 28 years. In November, Volkswagen sold 27,465, representing a 3.3 percent increase over last year's mark of 26,597. For the year, Volkswagen has sold 326,285 new ... Continue reading
Major Changes Looming as Drive -by-Wire Technologies Emerge
Automotive analysts Frost & Sullivan are predicting a change in the landscape of the car industry. Everything from designing vehicles, sourcing components, logistics and inventory management to packaging and producing cars will be transformed by X-by-wire technologies. The technology will accelerate the pace of growth ... Continue reading
Tower Automotive Announces Dividend
GRAND RAPIDS, Mich.--Nov. 30, 2001--Tower Automotive, Inc. , announced today that a dividend of $0.84 per share will be paid on the 6 3/4% trust convertible preferred securities issued by the Tower Automotive Capital Trust. The dividend will be payable on December 31, 2001, to stockholders of record on December 15, 200 ... Continue reading
VANCOUVER, B.C.--Nov. 30, 2001--Ballard Power Systems , announced today the closing of its previously announced acquisition of XCELLSIS and Ecostar Electric Drive Systems from DaimlerChrysler and Ford culminating in a 20-year vehicular fuel cell alliance agreement. The transaction, including a private placement of $55. ... Continue reading
NEW COST-EFFICIENT USAC MIDGET SERIES TO DEBUT IN 2002
FOR IMMEDIATE RELEASE NOVEMBER 30, 2001 Contact: DICK JORDAN 2001-195 The United States Auto Club and Ford Motor Company have unveiled a new USAC-sanctioned Midget Car series for 2002 and beyond, incorporating a sealed Ford powerplant. The Ford Focus Midget Car Series will encompass some 20 events at a half-dozen diffe ... Continue reading
JATO Dynamics Appoints Evaristo Garcia to Lead U.S. Operations
TROY, Mich., Nov. 30 -- JATO Dynamics, the world's leading supplier of market intelligence to the automotive industry, today announced that Evaristo Garcia has been appointed to General Manager of U.S. Operations. Mr. Garcia will report to JATO Chairman Jake Shafran and will initiate a long-term strategic business prog ... Continue reading
Ward's Reports Estimated Production
SOUTHFIELD, Mich., Nov. 30 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 350,019 units, up from the 236,730 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now totals 14,762,762 ... Continue reading
NHTSA Looks Into Jeep Transmission Inquiries
DETROIT, Nov 30 Reuters reported that Federal regulators said on Friday that they have found a rate of complaints about automatic transmissions of Jeep Grand Cherokee sport utility vehicles far higher than in similar SUV models. The National Highway Traffic Safety Administration released additional information on its i ... Continue reading
Titan Off Road Wheels and Tires to Be Available Through Any CNH Dealer
QUINCY, Ill., Nov. 30 -- As a result of the participation of Titan Tire Corporation, a subsidiary of Titan International, Inc. , in the 2001 CNH Dealer Business Meeting and Trade Fair in St. Louis, Missouri, CNH announced that the complete line of Titan wheels and tires will be made available in the aftermarket through ... Continue reading
Audi Reports Sales for November - The All-New A4 Is Selling Briskly in First Sales Month
AUBURN HILLS, Mich., Dec. 2 -- Audi of America, Inc. today announced November sales of 6,253. Compared to last year's all-time record November of 6,556, this represents a percentage decline of 4.6. With November's numbers, Audi's total year-to-date sales continue on a record-breaking pace in 2001 and are up 4.3 percent ... 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.
