German Automaker BMW Designates Eaton Corporation for $150 Million Program
CLEVELAND--Jan. 17, 2002--Diversified industrial manufacturer Eaton Corporation today said it has been selected by BMW to provide Aeroquip-brand fluid hose assemblies for two major automobile production models. Eaton said it expects total revenues from the "nominated supplier" understanding to exceed $150 million for t ... Continue reading
Chrysler Recalls Jeep Grand Cherokees
DETROIT Reuters reported that the Chrysler arm of DaimlerChrysler AG said on Thursday it was recalling 76,143 Jeep Grand Cherokees to fix a fuel system part that doesn't meet federal standards. Chrysler said an internal test showed that in a high-speed, rear-end crash, a check valve on the sport utility vehicle's fuel ... Continue reading
CBS Sports to Televise Three Trans-Am Events in 2002
FOR IMMEDIATE RELEASE CONTACT: T.E. McHale (727) 533-0503 CBS SPORTS TO TELEVISE THREE TRANS-AM EVENTS IN 2002 CLEARWATER, Fla. (January 17, 2002) - For the second consecutive year, CBS Sports will air three of the 12 events which comprise the 2002 Trans-Am Series for the BFGoodrich Tires Cup. The announcement was made ... Continue reading
Harley-Davidson Reports Record Fourth Quarter and 16th Consecutive Record Year
MILWAUKEE, Jan. 17 /PRNewswire-FirstCall/ --Harley-Davidson, Inc. today announced record sales and earnings for its fourth quarter and year ended December 31, 2001. Revenue for the quarter was $894.4 million compared with $756.2 million in the year-ago quarter, an 18.3 percent increase. Fourth quarter diluted earnings ... Continue reading
Good News From Ford- Awards Summary
From “Car of the Year” to “Best Buy” to “10Best,” Ford Division products have garnered a number of awards. Below are highlights: Ford Thunderbird: For the fourth time, Ford Thunderbird recaptured Motor Trend's “Car of the Year” award. The 2002 Thunderbird also received Po ... Continue reading
Delphi fourth-quarter earnings fall 73 percent
DETROIT, Jan 17 Reuters reported that Automotive parts supplier Delphi Automotive Systems Corp. on Thursday reported a 73 percent drop in fourth-quarter earnings before one-time items, but forecast higher-than-expected results for the first quarter as automakers increase vehicle production. Troy, Michigan-based Delphi, ... Continue reading
BorgWarner to Supply Its InterActive Torque Management(TM) 4x4 System On Honda Pilot
CHICAGO, Jan. 17 /PRNewswire-FirstCall/ -- BorgWarner will provide its electronically controlled four-wheel drive InterActive Torque Management (ITM)(TM) system for the Honda Pilot, an all-new sport utility vehicle scheduled to debut in the summer of 2002. The system, which offers consumers better handling and fuel eco ... Continue reading
North American International Auto Show Announces Weekend Entertainment Line-Up
DETROIT, Jan. 17 -- As the last weekend of the North American International Auto Show (NAIAS) 2002 zooms closer and closer, Auto Show aficionados and their families planning on attending should mark their calendars with the following fun activities, sights and entertainment venues. Starting inside the new NAIAS Food Co ... Continue reading
Dodge Returns to Monster Truck Racing with All-New 'Raminator'
AUBURN HILLS, Mich., Jan. 17 -- After a six year absence from factory-backed monster truck racing, Dodge is grabbing the competition by the horns and debuting an all-new 2002 Ram-based ``Raminator'' to Chrysler Group employees and Michigan monster truck fans. While the truck will make its competitive debut Saturday nig ... Continue reading
E Garcia Becomes THE Ugly Duckling
PHOENIX--Jan. 17, 2002--Ugly Duckling Corporation and its Chairman and majority stockholder, Ernest C. Garcia II, announced today that UDC Acquisition Corp., an entity controlled by Mr. Garcia and Ugly Duckling's President and Chief Executive Officer Gregory B. Sullivan, has successfully completed its amended tender of ... Continue reading
GUY SMITH OPTIMISTIC FOR DAYTONA RACE Britain’s Guy Smith continued to shine during testing for the Rolex 24 Hour race at Daytona next month lapping the Sebring circuit within half a second of last year’s qualifying session for the 12 hour race. The Jim Matthews Panoz-Ford Riley & Scott MkIIIC, which runs i ... Continue reading
Intelligent Automotive Technologies Market: A Sure Bet
By Laurence Fourchet Industry Analyst Frost & Sullivan http://transportation.frost.com The North American market for automotive intelligent technologies is poised for rapid growth. Several products have been developed to the point of being market-ready, and their functionality, practicality, and benefits have been demo ... Continue reading
Good News-Monro Muffler Brake Results; Record Third Quarter Net Income
ROCHESTER, N.Y.--Jan. 17, 2002--Monro Muffler Brake, Inc. today reported results for the third quarter ended December 29, 2001. Sales for the fiscal 2002 third quarter increased 1.3% to $52.4 million, compared with $51.8 million for the third quarter ended December 31, 2000. Comparable store sales increased 0.6%, and n ... Continue reading
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FEATURE/Bud Greenspan, General Motors to Honor the Top 10 Greatest Winter Olympians of All-Time
SALT LAKE CITY--(BUSINESS WIRE FEATURES)--Jan. 17, 2002-- Celebrations Planned in Park City Throughout the Olympic Winter Games On the Olympic stage, the grandest in all of sports, incredible athletes from around the world have thrilled audiences with feats of speed and skill, creating lasting memories and becoming her ... Continue reading
Asset Caption: Hood River, Oregon, native and U.S. Snowboard Team member Anton Pogue shows his excitement behind the wheel of his new Chevrolet Silverado, presented to him by Cliff Smith Motors Chevrolet, one of 4,300 dealers across the country participating in Chevrolet The Team Behind The Team program. The Team Behin ... Continue reading
Asset Caption: Olympic Legend Bonnie Blair and the Salt Lake 2002 Olympic Mascots help unveil the General Motors Olympic Vehicle Fleet in Salt Lake City. GM is making an unprecedented commitment of more than 5,00 vehicles to support the infrastructure of the Olympic Winter Games. Asset Caption: Web-ready logo Asset Cap ... Continue reading
Asset Caption: Make-A-Wish Foundation(R) child Kevin Pearson, Jr., 15, from Lithonia, Ga. -- who battles sickle cell anemia -- helped kick off the Salt Lake 2002 Olympic Torch Relay on Dec. 4 in his hometown. Now, his wish is being granted to attend the upcoming Winter Games, thanks to the generosity of the Internation ... Continue reading
-- On the Olympic stage, the grandest in all of sports, incredible athletes from around the world have thrilled audiences with feats of speed and skill, creating lasting memories and becoming heroes. In celebration of those athletes, and to mark his legacy to the Olympic Winter Games, award-winning Olympic historian an ... Continue reading
-- Forty U.S. Olympic Team hopefuls representing all eight Winter Olympic sports received new Chevrolet vehicles as part of a unique vehicle donation program that supports aspiring athletes by providing them with vehicles to help them achieve their Olympic dreams. You can reach the story directly by going to http://www ... Continue reading
Multimedia Available: General Motors Makes Unprecedented Commitment to 2002 Olympic Winter Games
-- As the world's largest vehicle manufacturer and official domestic automotive partner of the U.S. Olympic Team through 2004, General Motors is making an unprecedented commitment of more than 5,000 vehicles to the Salt Lake Organizing Committee (SLOC) and the United States Olympic Committee (USOC) for the 2002 Olympic ... Continue reading
Multimedia Available: General Motors to Help Make Dreams Come True at the 2002 Olympic Winter Games
-- In February, thousands of athletes from around the world will converge on Salt Lake City to live out their dreams. Some very special children from across the country will also be there to fulfill their dreams, thanks to the generosity of the General Motors Corporation (GM), the official domestic automotive sponsor o ... Continue reading
EULESS, Texas--Jan. 17, 2002--Warrantech Corporation (OTCBB:WTEC), a leader and innovator in the field of service contracts and extended warranties, today announced that it has signed a five-year agreement with CRES Insurance Services, LLC, a leading provider of risk management programs and errors and omissions insuran ... Continue reading
Modine Board Announces Quarterly Dividend
RACINE, Wis.--Jan. 17, 2002--The Modine Manufacturing Company Board of Directors yesterday declared a dividend for its third quarter of 12.5 cents per share on the outstanding common stock, payable March 7 to all shareholders of record February 22. On October 17, 2001, the Board of Directors announced its intention to ... Continue reading
Good News-International Speedway Reports Record Fourth Quarter Results
DAYTONA BEACH, Fla.--Jan. 17, 2002-- Company Reiterates Outlook and Provides Additional Guidance on Financial Impact of SFAS 141 and 142 International Speedway Corporation ("ISC") today reported record results for the fourth quarter and year ended November 30, 2001. Total revenues for the 2001 fourth quarter increased ... Continue reading
G&B News-PPG Reports On Fourth Quarter
PITTSBURGH--Jan. 17, 2002--PPG Industries reported today fourth-quarter net income was $83 million, or 49 cents a share, on sales of $1.91 billion. This compares with fourth-quarter 2000 net income of $126 million, or 75 cents a share, on sales of $2.1 billion. For all of 2001, PPG's net income was $387 million, or $2. ... Continue reading
AMA ANNOUNCES ELECTION RESULTS
AMA ANNOUNCES ELECTION RESULTS PICKERINGTON, Ohio -- The American Motorcyclist Association (AMA) has announced the results of its recent election for the AMA Board of Directors. Jeff Nash has been elected to represent the South Central region. Kevin Schwantz has been elected to represent the Southeast region. John Ulri ... Continue reading
Good And Bad News For Modine Third Quarter Results for Fiscal 2002
RACINE, Wis.--Jan. 17, 2002--Modine Manufacturing Company today reported net earnings of $1.3 million or $0.04 per fully diluted share on total revenue of $270.4 million for the quarter ended December 26, 2001, the company's third fiscal quarter. Compared to the prior year, revenue increased by 1.9% and net earnings de ... Continue reading
U.S. Marshals Service to Sell Luxury Automobile Online
SILVER SPRING, Md., Jan. 17 -- Bid4Assets, Inc. a leading full-service asset disposition and advisory company, today announced that it has been exclusively commissioned to auction a 1986 Rolls-Royce Corniche II convertible that was seized by the Drug Enforcement Agency and forfeited to the U.S. Marshals Service. The on ... Continue reading
MILWAUKEE, Jan. 17 Briggs & Stratton Corporation today announced fiscal 2002 second quarter net income of $2.4 million or $.11 per diluted share. These results included expenses of $5.2 million on an after tax basis or $.24 per diluted share representing the cost of the early retirement incentive program announced in N ... Continue reading
DEARBORN, Mich., Jan. 17 -- Ford Motor Credit Company reported earnings of $839 million in 2001. This result included unusual charges (included in Ford Motor Company's previously announced Revitalization Plan), as well as the ongoing impact of SFAS 133 (Accounting for Derivative Instruments and Hedging Activities). The ... Continue reading
Badddddd News - Ford Reports $5.45 Billion Loss for Full-Year
DEARBORN, Mich., Jan. 17 Ford Motor Company today reported a net loss of $5.45 billion, or $3.02 per share, for full-year 2001. Excluding previously announced unusual charges and other items, Ford lost $782 million, or 44 cents per share.The full-year results compare to net income of $3.47 billion or $2.30 per diluted ... Continue reading
TACH European Bureau Chief Andrew Frankl 2001 Year End Report
It is very difficult indeed to talk about things purely automotive in view of the Sept 11 atrocities because apart from the appalling human tragedies the events also had serious ramifications for the auto industry as well. Don' t get me wrong-nothing but nothing was, is and will be as important as those totally innocen ... Continue reading
Gadgets Are Great, Auto Show Visitors Say
<p>DETROIT, Jan. 14 -- Consumers visiting the 2002 North American International Auto Show (NAIAS 2002) want advanced technology in their vehicle cockpits -- including hands-free wireless communications, on-board DVD players, computers and voice-activated controls, according to a survey by R. L. Polk & Co.<lipublic ... Continue reading
Nissan Diesel Gets Off The Bus With Fuji Heavy
TOKYO, Jan 16 (Reuters) - Japanese truck maker Nissan Diesel Motor Co Ltd said on Wednesday it would end cooperation with Fuji Heavy Industries Ltd on bus platforms, further speeding the realignment of Japan's troubled bus industry. The debt-ridden truck maker currently produces bus platforms for use by Fuji Heavy and ... Continue reading
Mitsubishi Dominates Dakar Rally
Dakar, 01/15/2002 - The 24th Arras-Madrid-Dakar Rally was dominated by Mitsubishi off-road vehicles, with drivers using a Mitsubishi Pajero or the off-road pickup Mitsubishi L200 taking all of the top eight places. The 9,436-km race was won by Japan’s Hiroshi Masuoka, who came in 22 minutes ahead of last yearR ... Continue reading
ABI Conference, 'Fuel Cell Dynamics 2002', To Provide Unbiased Analysis Of The Industry
OYSTER BAY, N.Y.--Jan. 16, 2002--As new companies join the market race in 2002, progress in the fuel cell industry must be analyzed from the perspective of ever-increasing competition. The results of already announced partnerships in the industry this year will be crucial in understanding early commercialization effort ... Continue reading
LightSurf Provides ISIZE with Wireless Instant Imaging Solution for Auto Enthusiasts Across Japan
TOKYO--Jan. 16, 2002-- New Service Powered by LightSurf eSwitch Technology Allows Mobile Phone Users to View web-based Images on Any Mobile Phone LightSurf KK announced today that Pocket ISIZE CarSensor, operated by Automobile Division of Recruit Co., Ltd., has deployed LightSurf's eSwitch (www.eswitch.com) technology ... Continue reading
Bargain Prices Still Exist at the Pump; AAA Texas Monthly Fuel Gauge Report
HOUSTON--Jan. 16, 2002--While gasoline prices are beginning to trend upward, motorists will still find bargain prices at the pumps. The statewide average price for regular self-serve is $1.07 a gallon, four pennies more than last month. A year ago, Texans were paying $1.38 a gallon -- 31 cents more. The nationwide aver ... Continue reading
Friends of Oceano Dunes Hosts Beach Cleanup Event At Oceano Dunes State Vehicle Recreation Area;
OCEANO, Calif.--Jan. 16, 2002-- Non-profit organization introduces "Clean Beaches" program -- a series of beach cleanup events to be held throughout the year Friends of Oceano Dunes today announced its first Clean Beaches event at the Oceano Dunes State Vehicle Recreation Area (ODSVRA). The beach cleanup event is open ... Continue reading
Motorsports 2002 Recap - Great Fun!
----- Original Message ----- From: "Tim Southers" <usar@bellsouth.net> To: "Tim Southers" <usar@bellsouth.net> Sent: Wednesday, January 16, 2002 4:33 PM Subject: Fw: Motorsports 2002 Recap > > For Immediate Release > > > Mike Milliron > USAR Northern Division Media Relations Manager > (814) 629-1391 > usar@bellsouth.ne ... Continue reading
All UnitedAuto Chrysler/Jeep/Dodge Dealerships Earn DaimlerChrysler Five Star Certification
DETROIT--Jan. 16, 2002--UnitedAuto Group, Inc. , a FORTUNE 500 automotive specialty retailer, announced today that 100 percent of its Chrysler/Jeep/Dodge brand dealerships are DaimlerChrysler Five Star certified. This level of performance exceeds Chrysler's national average. DaimlerChrysler awards Five Star certificati ... Continue reading
Willow Springs Bike Award Dinner
***FOR IMMEDIATE RELEASE*** Willow Springs International Motorsports Park 3500 75th Street West Rosamond, CA 93560 661-256-6666 661-256-9140 (Fax) http://www.willowspringsraceway.com January 16, 2002 Willow Springs Motorcycle Club Celebrates Ten Years of Racing 2001 Awards Banquet Scheduled at Lancaster's Park Plaza Th ... Continue reading
SEMA Establishes Els Lohn Memorial Scholarship Fund
FOR IMMEDIATE RELEASE Media Contact: Rosemarie Kitchin, <rosemariek@sema.org> SEMA, 909/396-0289, ext. 104 SEMA ESTABLISHES ELS LOHN MEMORIAL SCHOLARSHIP FUND DIAMOND BAR, Calif. -SEMA, the Specialty Equipment Market Association, has established a new scholarship fund in the memory of Els Lohn, one of the industry's mo ... Continue reading
Iteris' AutoVue Included in New Volvo Safety Concept Car
ANAHEIM, Calif.--Jan. 16, 2002--Iteris Inc., a subsidiary of Odetics Inc. , today announced that its AutoVue(TM) lane departure warning system is one of the exciting features on the new Volvo Safety Concept Car (SCC) that is making its way around the world. With a main theme of "superior vision," the Volvo SCC employs ... Continue reading
RICHARDSON, Texas--Jan. 16, 2002--One company has prided itself as being the only stolen vehicle recovery network totally under police control and a car owner's only choice for many years. While it was trend-setting 16 years ago it has remained basically unchanged and become passe. The occurrence of one particular vehi ... Continue reading
Farmers Offers Multiple Lines Discount To Customers In Missouri
LOS ANGELES--Jan. 16, 2002--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
Chrysler Chief Dieter Zetsche Says Toyota Will Never Surpass His Company As No. 3 Automaker
DEARBORN, Mich. ED GARSTEN AP Auto Writer reported that Toyota Motor Corp. may be gaining market share, but the head of the Chrysler Group of DaimlerChrysler AG told an industry group the Japanese automaker will never surpass his company as the number three car company in the world. ``DaimlerChrysler North America lead ... Continue reading
Daytona NASCAR Track Notes: Best Qualifuing Runs
DAYTONA BEACH, Fla. - Best one-lap "qualifying runs" from Wednesday's Winston Cup test at Daytona International Speedway (with car number, driver, car make and speed): 1. (19A) Jeremy Mayfield, Dodge, 183.221 mph 2. (15X) Michael Waltrip, Chevrolet, 183.102 3. (7) Casey Atwood, Dodge, 183.091 4. ... Continue reading
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