Ward's Reports Estimated Production
SOUTHFIELD, Mich., Jan. 25 Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 299,856 units, down from the 328,874 cars and trucks built last week, according to Ward's Automotive Reports.Including this week's estimates, calendar year North American output now totals 1,092,468 ve ... Continue reading
FOR RELEASE: January 25, 2002 DETROIT, Mich.- General Motors announced a recall of 2000-01 Chevrolet Blazer, GMC Jimmy, and Oldsmobile Bravada sport utility vehicles. This recall does not include the all new 2002 Chevrolet TrailBlazer, GMC Envoy, and Oldsmobile Bravada sport utility vehicles. This campaign involves app ... Continue reading
Honda Introduces New Civic Hybrid at Society of Automotive Engineers -SAE- Detroit Section Meeting
DETROIT--Jan. 25, 2002--What happens when you take the legendary compact Honda Civic sedan and merge it with an all-new engine and Honda's award-winning gas-electric hybrid technology? You get the Civic Hybrid, due in U.S. showrooms in just a few months. The new Civic Hybrid is based on the seventh generation Civic, is ... Continue reading
Mercedes recalls U.S.C-Class cars for exploding battery
DETROIT, Jan 25 Reuters is reporting that DaimlerChrysler AG said on Friday that it has recalled about 65,000 1998-99 Mercedes C-Class cars in the United States following five complaints of exploding batteries, resulting in one injury from flying acid and debris. ``There have been a couple of battery explosions. The re ... Continue reading
Honda-powered debuts at Silverstone and Valencia
Honda-powered debuts at Silverstone and Valencia The Jordan Honda EJ12 successfully completed its first shakedown test at Silverstone on Monday with Takuma Sato at the wheel, prior to a three-day private test at the Northamptonshire track. The 2002-spec car is an entirely new design based on its predecessor, the Jordan ... Continue reading
MCLEAN, Va., Jan. 25 Capital Automotive REIT , the nation's leading specialty finance company for automotive retail real estate, today announced that it has signed a letter of intent to acquire 14 automotive properties valued at approximately $80 million from Sonic Automotive. Sonic Automotive, headquartered in Charlot ... Continue reading
HAFCsuperhwy.com Previews At 2002 At NADA
Enhanced Multi-Lender Financing Tool is Free to Franchised Dealers and Lenders SAN DIEGO, Jan. 25 Household International , the 124-year old consumer lender, announced today that its auto finance business will launch an enhanced HAFCsuperhwy.com(SM) 2002 with access to more credit sources and other new benefits for dea ... Continue reading
Asset-backeds - Investors snap up subprime deals
NEW YORK, Jan 24 Reuters reported that investors snapped up on Thursday $1 billion U.S. asset-backed securities, supported by subprime consumer loans, indicating the enormous appetite for bonds that offer higher yields than Treasuries. ``There's a lot of cash, and people like safety. And this is AAA-rated stuff,'' said ... Continue reading
Grand-Am Cup News & Notes - January 24, 2002
Grand-Am Cup News & Notes - January 24, 2002 Past Grand-Am Cup Winner Moves Up to Formula One Bryan Johnson, who earned three class victories during the 2001 season, will miss out on the 2002 Grand-Am Cup season in order accept a new position in England with Honda Racing Development's Vehicle Dynamics Group, supporting ... Continue reading
Dollar Rental First To Add Live Online Customer Communication
TULSA, Okla., Jan. 24 -- Dollar Rent A Car, a subsidiary of Dollar Thrifty Automotive Group, Inc., , today will begin responding live to online customer inquiries on www.dollar.com . In addition to making car rental reservations, checking itineraries and rates, dollar.com users can click on one of several ``text chat'' ... Continue reading
ROSEMONT, Ill., Jan. 24 With many people still hesitant to fly and families watching their vacation budgets in the face of recession, officials at the Chicago RV, Camping & Van Show -- beginning Wed., Jan. 30, at the Stephens Convention Center in Rosemont -- are reporting renewed interest in RVing. ``Being together wit ... Continue reading
Tiger Woods Named Chairman Of 2002 Buick Scramble
FOR RELEASE: January 24, 2002 Tiger Woods Named Chairman Of 2002 Buick Scramble Woods Scheduled to Appear at 2002 Buick Scramble National Finals Detroit - Buick announced today that Tiger Woods has been named honorary chairman of the 2002 Buick Scramble, the world's largest amateur golf tournament with more than 100,00 ... Continue reading
Cadillac Signs JJ Lehto and Confirms Christophe Tinseau for Sebring, Le Mans and Petit Le Mans
FOR RELEASE: January 24, 2002 Cadillac Signs JJ Lehto and Confirms Christophe Tinseau for Sebring, Le Mans and Petit Le Mans DETROIT, January 23, 2001 - Team Cadillac announced today that Finnish driver JJ Lehto and Frenchman Christophe Tinseau will join the team at this year's classic endurance races in Sebring, Le Ma ... Continue reading
LA Auto Club: Traffic Tie-Up$ Can be Improved With Ballot Measure$
LOS ANGELES--Jan. 24, 2002-- 101-405 Interchange, Sepulveda Pass, Other Congestion Spots To Receive Funding if Proposition 42 is Approved in March Some of Los Angeles' top traffic trouble spots will start moving quicker if voters approve Proposition 42, a March ballot measure that would provide more than $1 billion yea ... Continue reading
GDX Automotive Awarded Full Vehicle Sealing System for New Audi A6
FARMINGTON HILLS, Mich., Jan. 24 -- GDX Automotive announced that it has been awarded design and production of the entire vehicle sealing system for the new Audi A6 executive sedan. This award marks the first-ever selection of a full vehicle sealing system integrator by Audi. ``Audi's award is a tremendous vote of conf ... Continue reading
Industry Support Of Rolex Series Soars
Industry Support Soars As Grand American Award Programs Attract 53 Sponsors DAYTONA BEACH, Fla. (January 24, 2002) - The contingency award programs for the Rolex Sports Car Series and the Grand-Am Cup Street Stock Series have attracted 53 auto industry companies for the 2002 season, marking a nearly 30 percent increase ... Continue reading
NEWNAN, Ga.--Jan. 24, 2002--Triumph Motorcycles (America) Ltd., steeped in a rich history spanning 100 years of motorcycling, today announced its plans to celebrate this milestone along with other triumphs -- a 40 percent increase in sales, as well as the expansion into a new state-of-the-art manufacturing facility -- ... Continue reading
Dow Sole Brake Fluid Supplier To GM in N. A.- Ok
AUBURN HILLS and MIDLAND, Mich., Jan. 24 -- Dow Automotive and Dow Chemical's Michigan Operations teams have combined efforts to provide just-in-time delivery of brake fluid direct to General Motors (GM) for use at all of its assembly facilities in North America. Additionally, Dow also supplies the fluid to several of ... Continue reading
MILWAUKEE, Jan. 24 Johnson Controls, Inc. today announced it will assume 100% ownership of Yokogawa Johnson Controls Corporation (YJC), a controls systems and services company supplying the non-residential buildings market in Japan. Johnson Controls previously owned 55% of the joint venture, with Yokogawa Electric Corp ... Continue reading
IRVINE, Calif., Jan. 24 Autobytel Inc. today announced fourth quarter and year-end 2001 financial results. Highlights Include: * Reports Pro Forma EBITDA of $0.01 per share * Provides Full Year 2002 EBITDA Guidance of $0.07-$0.09 per share * Closes the Year with Domestic Cash Balance of $33 Million * 2002 Focus on Core ... Continue reading
Extengine Top Performer in National Diesel Emission Reduction Test
FULLERTON, Calif.--Jan. 24, 2002--Extengine Transport System's new Advanced Diesel Emission Control (ADEC) System emerged as the top performer in tests of new diesel emission control technologies recently conducted by Environment Canada for the city of Houston. Like other cities across the country, Houston must find wa ... Continue reading
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