Evinrude Direct-Injection Outboards Replace Competitive Four-Stroke Engines as Agency's Choice of Power MIAMI--Feb. 14, 2002-- Bombardier Recreational Products' Boats and Outboard Engines Division, has teamed up with the Tahoe Regional Planning Authority (TRPA), which enforces environmental regulations in the Lake Taho ... Continue reading
SAN RAMON, Calif.--Feb. 14, 2002--ADP Claims Services Group, a leading provider of information services for the insurance, collision repair and automotive recycling industries, today announced two new client service initiatives. The first is the creation of the industry's most comprehensive client service call center s ... Continue reading
COSTA MESA, Calif.--Feb. 14, 2002--Ceradyne, Inc. (Company) will be featured on The History Channel's "Modern Marvels -- Bulletproof," which discusses various technologies and systems used to provide ballistic protection for personnel, vehicles and buildings. "Modern Marvels -- Bulletproof" is scheduled to air on The H ... Continue reading
Reynolds and Reynolds Declares Regular Second Quarter Dividend
DAYTON, Ohio--Feb. 14, 2002--The Reynolds and Reynolds Company's board of directors today declared a regular second quarter Class A common stock dividend of 11 cents per share, payable April 11, 2002 to shareholders of record as of March 20, 2002. Reynolds and Reynolds, headquartered in Dayton, Ohio, is the leading pro ... Continue reading
LITTLE ROCK, Ark.--Feb. 14, 2002--ALLTEL will deploy its automotive finance system outside of the United States for the first time under an agreement to support DaimlerChrysler Services' Caribbean automotive financing operations. The integrated loan and lease system provides DaimlerChrysler Services with a high-volume, ... Continue reading
MILFORD, Iowa--Feb. 14, 2002--Cycle Country Accessories Corp. (OTCBB:CYCY), the recognized leader in the development and manufacturing of high quality accessories for the all-terrain vehicle (ATV), is pleased to announce the signing of a multi-year agreement with Jeff Ward, known worldwide for his legendary achievement ... Continue reading
Jacobs' Subsidiary Announces Contract Renewals at Two Ford Automotive Operations Sites
SOUTHFIELD, Mich.--Feb. 14, 2002--Jacobs Engineering Group Inc. announced today that a subsidiary company received contract funding renewals from Ford Motor Company at two automotive operations sites in the greater Detroit, Mich., area. Officials did not disclose the contract value. The first renewal is for the Driveab ... Continue reading
Jacobs' Subsidiary Announces Contract Renewals at Two Ford Automotive Operations Sites
SOUTHFIELD, Mich.--Feb. 14, 2002--Jacobs Engineering Group Inc. announced today that a subsidiary company received contract funding renewals from Ford Motor Company at two automotive operations sites in the greater Detroit, Mich., area. Officials did not disclose the contract value. The first renewal is for the Driveab ... Continue reading
T.J.T., Inc. Lowers Losses From Continuing Operations in First Fiscal Quarter
EMMETT, Idaho--Feb. 14, 2002--T.J.T., Inc. (OTCBB:AXLE), a recycler of axles and tires and wholesale distributor of O.E.M. parts and aftermarket material to the manufactured housing industry, lowered losses in the first quarter of fiscal 2002 from the prior year same period before the effect of an accounting change. Sa ... Continue reading
COLORADO SPRINGS, Colo. & PITTSBURGH--Feb. 14, 2002--Alcoa Foundation announced today a $50,000 grant to Junior Achievement International, a non-profit organization that teaches free enterprise to students. JAI is developing a Global Business Ethics program to help students make conscientious, ethical business decision ... Continue reading
LITTLE ROCK, Ark.--Feb. 14, 2002--ALLTEL will deploy its automotive finance system outside of the United States for the first time under an agreement to support DaimlerChrysler Services' Caribbean automotive financing operations. The integrated loan and lease system provides DaimlerChrysler Services with a high-volume, ... Continue reading
Amica Insurance Reports 2001 Earnings
LINCOLN, R.I.--Feb. 14, 2002--Amica Mutual Insurance Company today reported a successful year in 2001, despite the deterioration of the overall economy. The Company reported just over $40 million in net income for the year ending December 31. This compares to $78 million in 2000. "We are very proud of this achievement ... Continue reading
Bombardier and Cousteau’s Ocean Futures Society Partner Up to Power Research and Education
MIAMI--Feb. 14, 2002-- Evinrude Direct-Injection Technology and Johnson Four-Stroke Engines Support Organization’s Key Objectives Bombardier Recreational Products' Boats and Outboard Engine division, builder of Evinrude(R) and Johnson(R) outboard engines, today announced it has formed a strategic alliance with Jean-M ... Continue reading
Bombardier's Evinrude Outboards Chosen to Power Tahoe Regional Planning Authority Patrol Boats
MIAMI--Feb. 14, 2002-- Evinrude Direct-Injection Outboards Replace Competitive Four-Stroke Engines as Agency's Choice of Power Bombardier Recreational Products' Boats and Outboard Engines Division, has teamed up with the Tahoe Regional Planning Authority (TRPA), which enforces environmental regulations in the Lake Taho ... Continue reading
LOS ANGELES--Feb. 14, 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
LOS ANGELES--Feb. 14, 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
LOS ANGELES--Feb. 14, 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
LOS ANGELES--Feb. 14, 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
FW: Invite from BMW WilliamsF1 Team
---------- From: BMW Media <HHientzsch@aol.com> To: Judy Stropus <jstropus@earthlink.net> Subject: Invite from BMW WilliamsF1 Team Date: Wed, Feb 13, 2002, 1:08 PM Press Conference Invitation Compaq, the Principal sponsor of the BMW WilliamsF1 Team, is pleased to invite you to a press conference with BMW WilliamsF1 Tea ... Continue reading
ST QUENTIN-EN-YVELINES, France & EL SEGUNDO, Calif.-- Feb. 14, 2002--Infonet Services Corporation , a leading provider of global communications services for multinationals, today announced that in a joint effort with T-Systems, Europe's No. 2 systems house, it will deliver a multi-service-network to Europcar, the large ... Continue reading
Low Cost Merchant Accounts [3x8my]
The EASIEST way to have your business income increase is simply by allowing your customers to purchase using their credit cards. Visa, Master Card, Discover, American Express, you name it! How? Through a business Merchant Account! NO SETUP FEES / LOW MONTHLY COST We provide EVERYTHING you need to get started. There are ... Continue reading
National Safety Council News Release, Feb. 14, 2002
For immediate release February 14, 2002 Contact: Joe Larkin 630-775-2303 Behavior of People in Crisis is Critical for Successful Building Evacuation According to a Report in the National Safety Council*s Injury Insights Itasca, IL -- Evacuation plans are only as effective as the people charged to carry them out, accord ... Continue reading
Reynolds and Reynolds Elects Ira Hall as New Director
DAYTON, Ohio--Feb. 14, 2002-- Dr. David E. Fry and Richard H. Grant, III, Re-Elected to Three-Year Terms; David R. Holmes Recognized for "Determined Leadership" At their annual meeting in Dayton today, shareholders of The Reynolds and Reynolds Company elected Ira D. Hall, 57, as a director of the company and re-elected ... Continue reading
ROQUIN MOTORSPORTS TO RACE IN INFINITI PRO SERIES
FOR IMMEDIATE RELEASE ROQUIN MOTORSPORTS TO RACE IN INFINITI PRO SERIES INDIANAPOLIS, IND. (February 14, 2002) - Formula Ford 2000 Zetec Championship front-runners Roquin Motorsports today announced it will field two cars in the new Infiniti Pro Series. The team becomes the first confirmed multi-car effort for the new ... Continue reading
SAE J2450 Translation Quality Metric Passes Vote to Become SAE Recommended Practice
BINGHAM FARMS, Mich.--Feb. 14, 2002--J2450 Task Force chairperson and DTB President and CEO, Rick Woyde, announced that the J2450 Translation Quality Metric passed an SAE Recommended Practice vote. J2450 is a quality metric to assist companies in measuring the translation quality of automotive service information. The ... Continue reading
Soligen Technologies, Inc. Reports Third Quarter Fiscal 2002 Operating Results
NORTHRIDGE, Calif.--Feb. 14, 2002-- Soligen's nine months period to period revenues down 26% resulting from continual slowdown of automotive orders Soligen Technologies, Inc. (OTCBB:SGTN), a rapid manufacturer of complex metal parts using proprietary technology, today announced operating results for the three and nine ... Continue reading
The following is news about Spartan Motors, Inc. . If you have any questions, please call me at (616) 233-0500. Thank you for your interest in Spartan. Ben Buursma FOR IMMEDIATE RELEASE<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /> CONTACT: John Sztykiel, President/COO, or Rich Schalter, C ... Continue reading
Xerox Invents Industry's Longest-Lasting, Heat-Resistant Organic Led Display
STAMFORD, Conn.--Feb. 14, 2002-- Available for Licensing, Device Could Help Pave Way for Next Generation of Monitors, Automotive and Aviation Panel Displays Researchers at Xerox Corporation have invented an organic light-emitting diode (OLED) display that can tolerate temperatures of 70 to 100 degrees Celsius for 10,00 ... Continue reading
Ford to cut at least 1,400 jobs in Belgium
DETROIT,Feb 14 Reuters reports that the Ford Motor Co. said on Thursday it plans to cut at least 1,400 jobs in Belgium as part of an overhaul of its operations in the country. The job losses, at Ford's vehicle assembly plant in the Belgian town of Genk, were announced in a statement by Jan Gijsen, operations of manager ... Continue reading
OOOPS:Three Volvo models pose electromagnetic risk-study
STOCKHOLM, Feb 14 Reuters reports that three models made by Volvo Car Corp, known for its safety-conscious luxury sedans, have electromagnetic fields up to 80 times higher than levels considered safe, a study published on Thursday said. The test conducted by Swedish magazine Vi bilagare showed that Volvo's V70, S60 and ... Continue reading
EDS and Jaguar Racing Launch Formula One Technology and Sponsor Partnership
LONDON and PLANO, Texas, Feb. 14, Jaguar Racing and EDS announced today they have signed a technology sponsorship agreement through which EDS software will drive the digital design of Jaguar Racing's Formula One cars. Under the three-year agreement, terms of which were not disclosed, EDS becomes an official technology ... Continue reading
The Chrysler Group to Recall 1993-1998 Jeep(R) Grand Cherokees
Directly From The Horses Mouth: AUBURN HILLS, Mich., Feb. 14 The Chrysler Group today announced it will recall 1993-1998 Jeep® Grand Cherokees in North America to resolve concerns related to inadvertent movement in these vehicles and help ensure safe vehicle operation. The recall will involve the installation of a sec ... Continue reading
Comerica Reports Auto Affordability Easiest in 23-Years
DETROIT, Feb. 14 The purchase of an average- priced new vehicle during the fourth quarter of 2001 took 21.9 weeks of median family income, before taxes, according to the National Auto Affordability Index compiled by Detroit-based Comerica Bank. This represents a 1.8 week improvement over the revised 23.7 weeks of incom ... Continue reading
Sirius Getting Serious, Begins Service in Denver, Houston, Jackson and Phoenix
NEW YORK, Feb. 14 Sirius Satellite Radio , the satellite radio broadcaster, today began the first phase of its national service rollout in four metropolitan markets, Denver, Houston, Phoenix and Jackson, Mississippi. To commemorate the start of its satellite radio service, Sirius broadcast inaugural programming and tre ... Continue reading
Canada:Loses In Skating Wins In Auto Manufacturing
ERLANGER, KY, Feb. 14 Toyota Motor Manufacturing North America (TMMNA) announced today that Real (Ray) Tanguay will become President of Toyota Motor Manufacturing Canada (TMMC), its Cambridge, Ontario manufacturing operation, effective March 1. Mr. Tanguay will be the first Canadian to serve in the top spot at the awar ... Continue reading
Robots Are Automotive Too: Advanced Humanoid Robot 'ASIMO' Makes U.S. Debut
NEW YORK, Feb. 14 Some 20 years after Honda first decided to pursue its dream of developing a humanoid robot, ``ASIMO,'' the world's most advanced humanoid robot today made its first appearance in the U.S. At a unique bell-ringing ceremony, ASIMO opened trading in recognition of the 25th anniversary of Honda's stock li ... Continue reading
John D. Ong Leaves Cooper Industries Board to Become U.S. Ambassador (To Bermuda?)("TLL")
Be sure to read our editorial opinion in "The Last Line" of this screen. HOUSTON, Feb. 14 Cooper Industries, Inc. today announced that it has reduced the size of its Board of Directors to 11 members. John D. Ong, chairman emeritus, The B.F. Goodrich Company, has stepped down from Cooper's Board of Directors effective i ... Continue reading
Sun Microsystems VP Joins Covisint Board of Directors ("TLL")
Be sure to read the "The Last Line" TACH's editorial oppinion of this story at he bottom of this page(Where else?). DETROIT, Feb. 14 Covisint today announced the addition of Marissa Peterson, executive vice president, worldwide operations, Sun Microsystems, Inc. to the company's Board of Directors. She is the 15th memb ... Continue reading
Chrysler Recalls 1.6 million Jeeps For Automatic Transmission Shift Problem
DETROIT, Feb 14 Reuters reported that Chrysler is recalling about 1.6 million Jeep Grand Cherokees to fix what hundreds of owners say is a tendency for the sport utility vehicles to roll backward when their transmissions appear to be set in ``park,'' the carmaker said on Thursday. Chrysler, an arm of DaimlerChrysler AG ... Continue reading
Fate of hydrogen cars seen helped by Bush plan
NEW YORK, Feb 14 Reuters reported that President George W. Bush's new plan to boost the use of hydrogen fuel cell cars is a small step toward investing billions and making the huge societal change from gasoline stations to hydrogen stations, a leading fuel cell developer said on Thursday. The Bush plan announced last m ... Continue reading
Ronald Sessions Named Senior Editor of Motor Trend Magazine
LOS ANGELES--Feb. 14, 2002--Ronald L. Sessions, 52, has been named a Senior Editor at Motor Trend magazine, it was announced today by Kevin Smith, Editor-in-Chief. Mr. Sessions brings experience and expertise in automotive magazines to the Motor Trend team, and will be playing a central role in planning and executing r ... Continue reading
ACDelco Tech Challange Winner Announced
FOR RELEASE: February 14, 2002 Grand Blanc, Mich. - The beauty of an online sweepstakes is that you can live almost anywhere - even on an island - and still have as good a chance at winning as anyone. Just ask Richard Libertino, who recently won a trip to the 2002 Daytona 500 in the ACDelco TechConnect Technician Chall ... Continue reading
MIAMI--Feb. 14, 2002--Cummins Marine, a division of Cummins Inc., and Mercury Marine, a division of Brunswick Corporation, today announced the formation of a 50/50 joint venture to supply integrated diesel propulsion systems to the worldwide recreational and commercial marine markets. The joint venture, Cummins MerCrui ... Continue reading
FOR RELEASE: February 14, 2002 Friday, Feb. 15 Kimball Art Center Corner of Main & Heber Streets -- Park City The Chevy Hot Zone, an outdoor patio area equipped with warming stations, includes live "big-screen" coverage of Olympic events, daily entertainment, free hot chocolate, and interactive fun and games. Hosted by ... Continue reading
Dodge to Unveil New Advertising Campaigns Aimed At The Asian American Market in California
AUBURN HILLS, Mich., Feb. 14 -- Chrysler Group begins this week the second phase of a pilot TV and print advertising campaign in California designed to increase the company's presence among Asian American consumers. The campaign for the 2002 Dodge Caravan minivan kicks off with two print ads in Chinese language newspap ... Continue reading
North American Scheduled Overtime/Downtime for Week of Feb. 18, 2002
FOR RELEASE: February 14, 2002 Total U.S. Passenger Car 35,043Total U.S. Truck 48,636Total Canada Passenger Car 13,201Total Canada Truck 7,275Total N.A. Car and Truck 112,708North American Scheduled Overtime/Downtime for Week of Feb. 18, 2002 Mon 2/18 Tue 2/19 Wed 2/20 Thu 2/21 Fri 2/22 Week end 2/23 - 2/24 Employees l ... Continue reading
Nissan to rehire workers it fired in restructuring
Thursday, February 14, 2002 at 19:00 JST TOKYO — Reuteurs reported today that Nissan Motor Co Ltd, Japan's third-largest automaker, said it would rehire some employees it let go during its drastic restructuring as it prepares for a blitz of new vehicles. Confirming its comeback from the brink of bankruptcy three ... Continue reading
Borgwarner Signs Letter Of Intent With General Motors For Use Of NVG Muncie, Ind. Facility
FOR RELEASE: January 10, 2002 Borgwarner Signs Letter Of Intent With General Motors For Use Of NVG Muncie, Ind. Facility Chicago, Illinois; Detroit, Michigan, - BorgWarner Inc. and General Motors Corp. have opened talks relative to the future of the New Venture Gear manufacturing facility in Muncie, Indiana, its curren ... Continue reading
Coastcast Reports Fourth Quarter and Fiscal Year End 2001 Financial Results
RANCHO DOMINGUEZ, Calif.--Feb. 7, 2002--Coastcast Corporation reported financial results for the fourth quarter and year ended December 31, 2001. For the fourth quarter of 2001 as compared to the same period in 2000, sales were $24,796,000 vs. $24,897,000, net (loss) income was ($2,489,000) vs. $69,000, and diluted (lo ... Continue reading
Myers Industries Reschedules Release of Fourth Quarter and Fiscal Year 2001 Results
AKRON, Ohio--Feb. 7, 2002--Myers Industries, Inc. today announced that its fourth quarter and year-end earnings release and conference call, originally scheduled for Friday, February 8, 2002, is being rescheduled to Tuesday, February 19. The delay is caused by a system implementation problem at one of the Company's Eur ... Continue reading
2002 NASCAR Season is Now Open on VRACE.COM
We're pleased to announce that the 2002 NASCAR Season is now open on VRACE.COM, the premier fantasy motorsports site on the Internet! Visit http://www.vrace.com to setup your FREE NASCAR team today! The 2002 season brings a new ultra-high-tech design to VRACE.COM, and a range of new features. For instance: * You can no ... Continue reading
Multimedia Available: National Child Passenger Safety Week
-- According to a recent survey, nearly half of all parents are making major mistakes when it comes to protecting their kids in motor vehicles. February 10-16 is National Child Passenger Safety Week and the United Auto Workers along with GM are sponsoring the Safe Kids Buckle Up program, designed, in part, to teach par ... Continue reading
News Release, National Safety Council, Feb. 8, 2002
For Immediate Release February 8, 2002 Contact: Joe Larkin 630-775-2303 Hutchinson and Pallone Introduce Legislation to Reduce Falls Among Older Americans National Safety Council Supports Bill Itasca, IL -- Sen. Tim Hutchinson (R-AR) and Rep. Frank Pallone, Jr. (D-NJ), strongly supported by the National Safety Council ... Continue reading
Now! It's easier than ever before to network CDX Light Vehicle! .......with the CDX "Special Network Purchase" offer! Until 15th March 2002 you get: a 10 user license for the price of a 5 user license - that's only $1595 - SAVE $400 a 20 user license for the price of a 10 user license - that's only $1995 - SAVE $600 an ... Continue reading
"Inside Racing" Radio Show guest lineup for 2-13
Below you will find a release on this week's guest lineup for the new "Inside Racing" Radio Show. If you would like to be removed from this e-mail list, or are receiving duplicate copies of this release, please send a note with your complete, full name, along with ALL possible e-mail addresses you have and how many tim ... Continue reading
Would you like to generate additional profit for the parts and service departments ?
New recalls are announced daily. You have additional gross profit just sitting on your lot. Used or new vehicles with open factory recalls will generate additional gross profits for both the Service and Parts Department. Our current clients are making this extra gross profit every month. Just pick up the phone or email ... Continue reading
AmeriCredit to Present At Financial Services Conference
FORT WORTH, Texas--Feb. 11, 2002--AmeriCredit Corp. will be participating on a panel at the Credit Suisse First Boston 3rd Annual Financial Services Conference in Laguna Niguel on February 13, 2002 at 10:30 A.M. EST. Daniel E. Berce, Vice Chairman and Chief Financial Officer, will be presenting on behalf of AmeriCredit ... Continue reading
Multimedia Available: Odometer Fraud Goes Digital
-- It's illegal in every state in the U.S., but odometer fraud, one of the oldest tricks in the books, is on the increase and now has even gone high-tech. Many people think digital odometers are not susceptible to being rolled back, but according to the experts all it takes is the right software and hardware to make th ... Continue reading
Myers Industries Announces Conference Call to Discuss 4Q, Fiscal 2001 Results
AKRON, Ohio--Feb. 11, 2002--Myers Industries, Inc. will host a conference call on Tuesday, February 19, at 2:00 p.m. EST to discuss its fourth quarter and full-year 2001 performance. The news release of the results will be issued earlier that same morning. The call may be accessed by dialing 1-888-881-4892. Please dial ... Continue reading
QDS To Acquire Open Road Technologies; Purchase Strengthens Commercial Tire Market Position
BOISE, Idaho--Feb. 11, 2002--Quality Design Systems, Inc. (QDS), a business information provider for the tire and automotive service industries, today announced the acquisition of the operations of Open Road Technologies, Inc., a developer of high-performance information management systems incorporating mobile computin ... Continue reading
Trustee Sets Bidding Procedures and Auction Date for Grand Eagle's Assets
RICHFIELD, Ohio--Feb. 11, 2002--On February 5, 2002, Glenn C. Pollack, Chapter 11 Trustee for Grand Eagle, Inc. and its five (5) debtor subsidiaries (collectively, "Grand Eagle"), set forth, and the United States Bankruptcy Court approved, Competitive Bidding Procedures (the "Sale Procedures") with respect to the aucti ... Continue reading
Werner Enterprises Announces 4 for 3 Split of the Company's Common Stock
OMAHA, Neb.--Feb. 11, 2002--Werner Enterprises, Inc. , one of the nation's largest truckload transportation companies, announced today that its Board of Directors has declared a four for three split of the Company's common stock effected in the form of a 33 1/3 percent stock dividend. The stock dividend will be payable ... Continue reading
Westcorp Announces Terms of Rights Offering Transaction
IRVINE, Calif.--Feb. 11, 2002--Westcorp , the financial services holding company whose principal subsidiaries are WFS Financial and Western Financial Bank, announced today that the board of directors has approved the price for the previously announced rights offering of $15.75 per share. Holders of record of common sto ... Continue reading
WFS Financial Announces Terms of Rights Offering Transaction
IRVINE, Calif.--Feb. 11, 2002--WFS Financial Inc today announced that the board of directors has approved the price for the previously announced rights offering of $18 per share. Holders of record of common stock as of the close of business on Feb. 12, 2002 will receive one basic subscription right, at no cost to those ... Continue reading
Leader Mining Selects Contractors for Cogburn Magnesium Production Feasibility Study
VANCOUVER, British Columbia--Feb. 13, 2002-- Leader Mining (CDNX:LMN)(OTCBB:LDRMF) has selected well qualified and experienced independent contractors to advance the Cogburn Magnesium Project through a Production Feasibility Study. The Study, which has commenced, is to be completed by mid-December 2002 for a quarry and ... Continue reading
SAE SoCal: February Section Meeting to Highlight Paris-Dakar Ral ly
This is the rescheduled meeting originally planned for this past September. This event should be a sell-out, so please make a reservation (details below) to assist us with preparations. Thank you. What: February 2002 SAE SoCal Section Meeting When: Tuesday, February 19th, 2002 Social/Dinner @ 6:00pm, Presentation & Dis ... Continue reading
Takeover Falls Through So: Cooper Industries Returns to Bermuda Incorporation Plans
NEW YORK, Feb 13 Reuters reported yesterday that electrical products maker Cooper Industries Inc. said on Wednesday it would return to its original plan of shifting its incorporation from the U.S. to Bermuda, a day after a potential suitor for the company walked away. Cooper was planning its shift to the tax haven from ... Continue reading
Group 1 Automotive Posts Record Revenues and Earnings
HOUSTON, Feb. 14 Group 1 Automotive, Inc. a leading operator in the automotive retailing industry, today reported record revenues and earnings for the fourth quarter of 2001 and the full year. Growth in all revenue categories and lower interest expense drove the record-setting performance for the quarter and for the ye ... Continue reading
Lexus Reports Best-Ever Certified Pre-Owned Vehicle Sales
TORRANCE, Calif., Feb. 13 -- Lexus today reported a best-ever Certified Pre-Owned (CPO) vehicle sales month with record-breaking January sales. The luxury automaker recorded CPO sales of 3,865 units, an increase of 77.9 percent over January 2001. The January jump follows a best-ever CPO sales year. In 2001, Lexus Certi ... Continue reading
Ford Researchers Summarize Efforts to Build Hydrogen Powered Vehicle at SAE 2002 World Congress
WARRENDALE, Pa., Feb. 13 -- In keeping with its proactive position regarding the use of alternative fuels, Ford Motor Company has designed and developed the first North American, OEM production-feasible, hydrogen-fueled internal combustion engine (ICE). For the first time in a public forum, Ford researchers will summar ... Continue reading
Mass exodus of cars from Canada
RICHMOND HILL, ON, Feb. 13- Canadian vehicle remarketing has reached a new milestone. A record number of motor vehicles were exported from Canada to the United States last year by leasing and rental companies and independent dealers. 200,074 Canadian exports went through the Registered Importer program in 2001, surpass ... Continue reading
FOR IMMEDIATE RELEASE HANSON SIGNS WITH VOLVO ST. PETERSBURG, FLA. (February 13, 2002) - Former Formula Ford 2000 Zetec Championship Rookie of the Year James Hanson has announced he will drive a Prodrive-prepared Volvo S60 in this year’s European Touring Car Championship. Rickard Rydell will partner Hanson at Pro ... Continue reading
"Segment-busting" 2004 Chrysler Pacifica to be built in Windsor
TORONTO, Feb. 13 /CNW/ - DaimlerChrysler's next segment-busting vehicle - the all-new 2004 Chrysler Pacifica - will be built in DaimlerChrysler Canada's Windsor (Ontario) Assembly Plant, with production scheduled to begin in early 2003. The company is investing approximately $460 million in the Windsor plant to build t ... Continue reading
Mitsubishi Motors Product Line to Arrive in Canada Ahead of Schedule: "Good Tail Wind I Guess"
TORONTO, Feb. 13 -- Pierre Gagnon, president of Mitsubishi Motor Sales of America, Inc. announced today that the company is ahead of schedule with plans to launch operations in Canada. Vehicles are expected to be available through a growing dealership network in September of 2002 rather than February of 2003 as origina ... Continue reading
DEARBORN, Mich. (AP) -- Ford Motor Co. employees can no longer use company-owned pool vehicles for trips during the workday, which could affect the car insurance rates of thousands of workers. The cut, which was expected to save the automaker about $4 million a year and improve its cash flow by $10 million, was outline ... Continue reading
Coachmen Industries, Inc. Expects Earnings Recovery in 2002
ELKHART, Ind., Feb. 13 Coachmen Industries, Inc. announced fourth quarter results that were consistent with its earlier guidance and support the Company's expectation for a return to profitability for the full year 2002.The loss for the fourth quarter matched the previous announcement by Coachmen about the impact that ... Continue reading
Jeep(R) Liberty Named 2002 Canadian Truck of the Year
TORONTO, Feb. 13 - The Automobile Journalists Association of Canada has named DaimlerChrysler's Jeep(R) Liberty its 2002 Canadian Truck of the Year. The Association's Canadian Car and Truck of the Year awards were announced this morning in conjunction with the opening of the 2002 Canadian International Auto Show in Tor ... Continue reading
TOLEDO, Ohio (AP) -- Dana Corp. on Wednesday reported a wider $298 million loss for the fourth quarter as the auto parts maker continues to implement a restructuring plan that includes the elimination of 11,000 jobs. Dana said it did not benefit from strong auto sales in the fourth quarter because automakers relied on ... Continue reading
FOR RELEASE: February 13, 2002 Miami - Though many caught their first glimpse of the 2003 Cadillac CTS during last week's Superbowl telecast, anyone in Miami who missed it will get a second chance on Wednesday, February 13, when a new CTS is suspended by crane over Biscayne Bay. The "Over the Bay" project debuts a seri ... Continue reading
The Cobalt Group Secures Another $15 Million Line of Credit from Warburg Pincus
SEATTLE--Feb. 13, 2002--The Cobalt Group today announced that its principal owner, Warburg Pincus, has extended the company a $15 million secured line of credit. This financing will fund Cobalt's continued growth and development of e-business software and services for the automotive retail market. "Cobalt has substanti ... Continue reading
Workhorse Inks Agreement to Sponsor Campgrounds At Texas Motor Speedway
DALLAS & FORT WORTH, Texas--Feb. 13, 2002--In its continuing mission to be the most consumer-focused chassis manufacturer in the RV industry, Workhorse Custom Chassis will have a multi-year presence at the Texas Motor Speedway. At the core of this relationship is Workhorse's sponsorship of all campgrounds with more tha ... Continue reading
GM Performance Parts three new, power-packed, engine packages
FOR RELEASE: February 13, 2002 Detroit, MI.- With an expanded crate engine lineup for 2002, - the 350 HP Factory Stock and the 355 HP Limited Late Model Circle Track engines, and the HT 383 Truck and Performance engine. These all-new crate engines will be unveiled at the Circle Track Racing Expo to be held in Daytona, ... Continue reading
The Track That Will Blow You Away Going, Going, Gone! Kansas Speedway Announces Sellout
KANSAS CITY, Kan.--Feb. 13, 2002--The fastest thing going at Kansas Speedway isn't on wheels. Kansas Speedway officials announced today that tickets for the five races that make up the track's 2002 RPM ticket season are sold out. For an unprecedented second year in a row, all 78,000 season tickets for "The Track That W ... Continue reading
Automotive Accessory Installers Pass SEMA Certification Tests With Flying Colors
FOR IMMEDIATE RELEASE Media Contact: Rosemarie Kitchin, <rosemariek@sema.org> SEMA 909/396-0289, ext. 104 AUTOMOTIVE ACCESSORY INSTALLERS PASS SEMA CERTIFICATION TESTS WITH FLYING COLORS DIAMOND BAR, Calif. - The SEMA Installer Certification Program is off to a strong start. In fact, according to recently tabulated sco ... Continue reading
Opel Introduces The Combo "Tour" Family Van
FOR RELEASE: February 13, 2002 Ideal for Family and Leisure Ample space for passengers and baggage Favorable premiums thanks to low insurance categories Economical, low-emission engines Advanced DSA chassis with high safety reserves Rüsselsheim. Following the successful launch of the Opel Combo delivery van, the secon ... Continue reading
DAYTONA, Fla.--Feb. 13, 2002--Executives from The Valvoline Company returned to Daytona today with NASCAR driver Johnny Benson to present Big Brothers Big Sisters of America (BBBSA) with a $50,000 check to further solidify their support of the "Caring Hands" program, which was established in 1999 to raise money and awa ... Continue reading
Cooper Industries Board Declares Dividend
HOUSTON, Feb. 13 -- The Board of Directors of Cooper Industries, Inc. today declared a regular quarterly dividend of $.35 on each share of the Company's outstanding common stock. The dividend is payable April 1, 2002, to shareholders of record on March 1, 2002. In addition, the Board also set the date for the Company's ... Continue reading
Harley-Davidson, Inc. Declares Dividend
MILWAUKEE, Feb. 13 Harley-Davidson, Inc. announced today that its Board of Directors approved a quarterly cash dividend of 3 cents per share, payable March 22, 2002 to shareholders of record as of March 12, 2002. The Company currently has approximately 302.7 million shares of common stock outstanding. Harley-Davidson, ... Continue reading
Mazda Miata Named Best-Selling Sports Car by Guinness World Records
HIROSHIMA, Japan, Feb. 13 -- Joining the ranks of the oldest living man (112-years old), tallest living woman (7 ft. 7 in.) and coldest place on Earth (Vostok, Antarctica), the Mazda MX-5 Miata roadster today was named the best-selling sports car by Guinness World Records(TM). More than 600,000 of the popular sports ca ... Continue reading
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