Chrysler to Enter Manual Shift Convertible Market with 2002 Sebring GTC
AUBURN HILLS, Mich., Jan. 18 -- Chrysler is expanding its wings in the convertible market, a market the company has dominated for nearly 20 years since introducing LeBaron convertible in 1982. ``Nearly 25 percent of all convertibles are sold with a manual transmission,'' said Tom Marinelli, Vice President, Chrysler/Jee ... Continue reading
GORDON CELEBRATES DUPONT'S 200TH ANNIVERSARY
FOR RELEASE JAN. 18, 2002 FURTHER INFO: Kymberly Brantigan Performance PR Plus (704) 277-8727 www.pprplus.com FROM DAYTONA TO DOVER, GORDON CELEBRATES DUPONT'S 200TH ANNIVERSARY IN SEARCH OF FIFTH NASCAR WINSTON CUP SERIES TITLE Harrisburg, NC -- Jeff Gordon took sole possession of third on the all-time win list when h ... Continue reading
Universal Computer Systems Announces Agreement with BMW
HOUSTON--Jan. 18, 2002--In a new agreement, Universal Computer Systems Inc. (UCS) will provide certain UCS Software interfaces and reports to BMW dealers who currently utilize the UCS Dealer Management System. This integration is a result of an agreement between UCS and BMW North America designed to benefit their deale ... Continue reading
GM Latino - 511,000 Units South Of The Border
FOR RELEASE: January 18, 2002 Miramar, Florida -General Motors’ Latin America, Africa & Middle East unit (GM-LAAM) announced that in 2001 it sold 511,000 vehicles in Latin America. This figure represents a fourteen percent (14%) increase over 2000, compared to the auto industry’s four percent (4%) average i ... Continue reading
Ward's Reports Estimated Production
SOUTHFIELD, Mich., Jan. 18 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 334,985 units, up from the 306,396 cars and trucks built last week, according to Ward's Automotive Reports.Including this week's estimates, calendar year North American output now totals 798,723 veh ... Continue reading
Visteon Posts Big Loss In Q4 and 2001
DEARBORN, Mich., Jan. 18 Visteon Corporation today announced a Fourth Quarter loss of $14 million or $0.11 per share -- in line with consensus expectations. In the Fourth Quarter 2000, Visteon incurred a loss of $87 million or $0.67 per share. The Fourth Quarter 2000 results included a non-cash impairment charge relate ... Continue reading
Chrysler to Recall 1.3 Million Minivans
DETROIT Reuters reported that The Chrysler arm of DaimlerChrysler AG said on Friday it will begin repairing 1.3 million minivans to fix a possible fuel leak linked to fires, ending a year-long delay in the recall. Chrysler had told federal regulators in September 2000 it would recall the vans built between 1996 and 200 ... Continue reading
FOR RELEASE: January 17, 2002 Total U.S. Passenger Car 27,625 Total U.S. Truck 33,213 Total Canada Passenger Car 6,029 Total Canada Truck 7,229 Total N.A. Car and Truck 79,660 North American Scheduled Overtime/Downtime for Week of Jan. 21, 2002 Mon 1/21 Tue 1/22 Wed 1/23 Thu 1/24 Fri 1/25 Week end 1/26 – 1/27 Emp ... Continue reading
DaimlerChrysler - News - Final Evaluation at EADS: Adjustment of 3rd Quarter Results 2001
Final Evaluation at EADS: Adjustment of 3rd Quarter Results 2001 Stuttgart, Germany, January 16, 2002 A final evaluation at EADS in connection with the formation of Airbus SAS has resulted in an increase to the positive one-time effects at DaimlerChrysler from EUR 646 mill. to EUR 747 mill. As a result of this adjustme ... Continue reading
Porsche CEO says considering New York listing
STUTTGART, Germany, Jan 18 Reuters reported that Porsche AG Chief Executive Wendelin Wiedeking said on Friday the company was considering listing on the New York Stock Exchange. Wiedeking said at an annual shareholders' meeting that Porsche finance chief Holger Haerter had already held talks about a possible listing bu ... Continue reading
Auto Component Maker Johnson Controls First Quarter Earnings Up.
MILWAUKEE, Jan. 18 Johnson Controls, Inc. today reported a sales increase of 8%, an increase in operating income of 5%, and level diluted earnings per share of $1.27 for the first quarter of fiscal 2002. The comparisons are with last year's first-quarter results that have been adjusted to exclude the effects of goodwil ... Continue reading
Desert Automotive Group Honors John Elway as Las Vegas Declares Jan. 23rd 'Elway Day'
LAS VEGAS--Jan. 17, 2002--In his first official visit to Las Vegas as spokesman for the Desert Automotive Group, former Denver Broncos Quarterback John Elway will be the honored guest at a January 23rd luncheon hosted by the automotive retailer at the Four Seasons Hotel. The luncheon will celebrate the two-time Super B ... Continue reading
Auto Club: Gas Prices Rise for Second Straight Week
LOS ANGELES--Jan. 18, 2002--Increases in pump prices became a trend throughout Southern California, southern Nevada and Arizona as price levels increased in the region for the second consecutive week, according to the Weekend Gas Watch, compiled by the Automobile Club of Southern California. The Weekend Gas Watch monit ... Continue reading
SAE SoCal: January 2002 update
SAE SoCal activities for 2002 are up and running. This next two weeks will see a tour of the Parnelli Jones race car collection (January 22nd), and a presentation on 42V automotive systems. Please share the attached newsletter with your friends and colleagues. > <<SAE jan2.pdf>> Please note: Our www.sae-socal.org websi ... Continue reading
S&P Asgns Rtgs to Ford Credit Auto Owner Trust 2002-A
NEW YORK--Jan. 17, 2002--(Standard & Poor's)--Standard & Poor's assigned its ratings to Ford Credit Auto Owner Trust 2002-A's $5,901,482,000 asset-backed notes and certificates series 2002-A (see list). The ratings reflect credit support from the subordination of 6.75% for class A, 3.86% for class B, and 1.93% for clas ... Continue reading
FOR RELEASE: January 17, 2002 Nine Very Special Children are Heading to Salt Lake City DETROIT- 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 ... Continue reading
3D Systems Provides Competitive Tools for Penske Racing
VALENCIA, Calif.--Jan. 17, 2002--3D Systems Corp. announced it has joined forces in a technology and marketing alliance with Penske Racing for its NASCAR Winston Cup programs. Penske Racing uses 3D Systems solid imaging technology to build prototype parts for Winston Cup Series cars driven by Rusty Wallace and Ryan New ... Continue reading
AAA Offers Information On Managing Roadside Breakdowns
ORLANDO, Fla.--Jan. 17, 2002--Winter storms across much of the nation and treacherous road conditions in some areas have prompted the nation's largest organization for motorists to offer a free brochure containing advice on how to manage roadside breakdowns. The brochure is available free from participating AAA clubs a ... Continue reading
The Whole World Kicks Off The Racing Season In Daytona
The Whole World Kicks Off The Racing Season In Daytona DAYTONA BEACH, Fla. (January 17, 2002) -- Motor racing is a many faceted sport with plenty of individual disciplines and formats. But, once a year the broad spectrum of the sport comes together for the ultimate test of man and machine - the Rolex 24 At Daytona. Thi ... Continue reading
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