Letter from Europe - Andrew Frankl European Bureau Chief
Andrew Frankl European Bureau Chief I should start by pointing out to those thinking of flying not just to Europe but within Europe as well that cheap air travel in the shape of various new airlines is very much the way the locals are getting around these days. Therefore it came as no surprise to me that the first pers ... Continue reading
Dodge Motorsports Weekend Preview
<<...OLE_Obj...>> Weekend Preview Contact: Dave Elshoff, 248-512-2690 Ray Cooper, 803-466-9085 Winston Cup, Outlaws Headed to Texas; The Strip at Vegas to Host NHRA Action FORT WORTH, Texas (April 4, 2002) - Dodge NASCAR Winston Cup Series teams will return to action this weekend at Texas Motor Speedway in the Samsung/ ... Continue reading
FOR RELEASE: April 4, 2002 Chevy Thunder in the Sundance Square--We'll Be There DALLAS - The thunder, the hunger and the action of Chevrolet racing roars into downtown Fort Worth as Chevy Thunder in Sundance Square rolls April 5 and 6. Chevy Thunder in Sundance Square gives race fans and families the opportunity to enj ... Continue reading
Warren Report: Las Vegas Edition
For Release: April 4, 2002 Contact: Rick Voegelin TMG Sports Marketing rickvoegelin@compuserve.com 831-761-2201 THE WARREN REPORT: Warren Johnson GM Performance Parts News & Notes for the NHRA SummitRacing.com Nationals (Las Vegas, April 5-7) and the O'Reilly Spring Nationals presented by Pennzoil (Houston, April 12-14 ... Continue reading
NHTSA Announces Safety Recall of Peg Perego Infant Child Seats
WASHINGTON, April 4 -- The National Highway Traffic Safety Administration (NHTSA) today announced a safety recall of certain Peg Perego infant child seats. The recall involves 55,162 infant car seats produced from May 20, 2001, through Feb. 15, 2002. The models include Martinelli Primo Viaggio with base, Pliko Travel S ... Continue reading
Shell Oil Company announces $1.8 billion acquisition of Pennzoil-Quaker State Company
Shell Oil Company, a wholly-owned member of the Royal Dutch / Shell Group and Pennzoil-Quaker State Company today announced that they have entered into a definitive agreement under which Shell Oil Company will acquire Pennzoil-Quaker State Company at a price of $22.00 per share in cash. Under the proposed transaction, ... Continue reading
Shell Oil Products US CEO to Address Texaco and Shell Marketers
HOUSTON, April 4 -- Shell Oil Products US CEO and President Rob Routs will address Texaco and Shell wholesalers at the annual convention and exposition of the National Association of Texaco and Shell Marketers (NATSM). Routs will speak on Friday, April 5, to more than 100 wholesalers and retailers in Charleston, SC. Th ... Continue reading
Road Impressions:Subaru Outback H6-3.0
By Andrew Frankl There is something very reassuring about a Subaru. To me it is like a golden retriever-friendly, reliable, part of the family. The car that awaited my arrival at San Francisco airport the other day was no different, and yet…in a funny sort of way it was. Let me explain. I've always regarded Subar ... Continue reading
ANC Rental Corporation Names Lawrence J. Ramaekers Chief Executive Officer
FORT LAUDERDALE, Fla.--April 4, 2002--ANC Rental Corporation, the owner of Alamo Rent A Car and National Car Rental, announced today that Lawrence J. Ramaekers has added the title of Chief Executive Officer to his current responsibilities as President and COO. Michael S. Egan, who assumed the CEO role in late 2000, wil ... Continue reading
IRVING, Texas--April 4, 2002--America's Car-Mart, Inc. , formerly Crown Group, Inc. , today announced that it expects to report diluted earnings per share from continuing operations of $0.36 for the fourth quarter ending April 30, 2002, a 16% increase over its earlier forecast of $0.31. Having already reported earnings ... Continue reading
CIMdata Reports PLM Market Continues Growth
ANN ARBOR, Mich.--April 4, 2002--According to figures released today from consulting and research firm CIMdata, Inc., the worldwide collaborative Product Definition management (cPDm) portion of the Product Lifecycle Management (PLM) market grew 25% to reach $3.6 billion during 2001. Investments in software (including s ... Continue reading
KleenAir Moves to New R & D Facility
FULLERTON, Calif.--April 4, 2002--KleenAir Systems Inc. (OTCBB:KAIR), announced its move to a new 10,000 sq.ft. R & D facility in Irvine, Calif. It has been sharing facilities with its licensee Extengine Transport Systems and Extengine's subsidiary, ECOlogic Engine Testing Laboratories. As ECOlogic prepares for increas ... Continue reading
United Auto 200 Media Day at PIR
*******MEDIA ADVISORY******* United Auto 200 Media Day at PIR What: Media interviews and rides in two-seater Rolex Sports Car Series and Grand-Am Cup Street Stock Series race cars, including the 2001 United Auto 200-winning #15 Crazy Redhead Racing Porsche GT3 R, #33 Scuderia Ferrari of Washington Ferrari 360GT and #24 ... Continue reading
DAYTONA BEACH, Fla.--April 4, 2002--International Speedway Corporation ("ISC") today reported results for the first quarter ended February 28, 2002. Total revenues for the 2002 first quarter increased to $125.8 million from $120.7 million in 2001. Operating income for the first quarter increased to $49.2 million compar ... Continue reading
Litzkow Appointed V P, Finance, Controlling and Information Technology for MBUSA
MONTVALE, N.J., April 4 -- Mercedes-Benz USA (MBUSA) announced the appointment of Norbert Litzkow to vice president, finance, controlling and information technology at the company's Montvale, NJ, headquarters. In this capacity, Litzkow serves as MBUSA's chief financial officer, reporting to Paul Halata, president and C ... Continue reading
TBC Reports Successful Completion of Mueller Tire & Brake Acquisition
MEMPHIS, Tenn., April 4 -- TBC Corporation, one of the nation's leading marketers of automotive replacement tires, today reported the successful completion of its acquisition of Mueller Tire & Brake, one of the largest independent tire retailers in Ohio. Exact terms of the transaction were not disclosed. Mueller operat ... Continue reading
Ford Motor Company Chooses Microsoft Content Management Server
REDMOND, Wash., April 4 Microsoft Corp. today announced that Ford Motor Company, the world's second largest automaker and a Microsoft Global Account, is running Microsoft® Content Management Server 2001 as the Web content management solution for its flagship corporate Web site, Ford.com. Facing rapid growth and freque ... Continue reading
Coach and Lexus Renew Partnership to Produce First RX 300 Coach Edition
NEW YORK--April 4, 2002--Coach Inc., a leading marketer of modern classic American lifestyle accessories, and Lexus, a luxury vehicle manufacturer, announced today the introduction of the 2002 Lexus RX 300 Coach Edition. This distinctive limited edition of America's Best-Selling Luxury Sport Utility Vehicle(1) will be ... Continue reading
UBE Automotive Brings New Aluminum Wheel Plant Online
HOUSTON--April 4, 2002--The following is an advisory by Industrialinfo.com (Industrial Information Resources Inc., Houston). UBE Automotive North America Sarnia Incorporated (Sarnia, Ontario), a subsidiary of UBE Industries, Ltd. (Tokyo, Japan), is nearing full commercial operation of its new aluminum wheel manufacturi ... Continue reading
Cummins Ships First ISX Production Engines Certified To EPA 2.5 gram NOx + NMHC Standard
COLUMBUS, Ind.--April 4, 2002--Today Cummins Inc. announced that it has shipped the first of its on-highway engines certified by the Environmental Protection Agency (EPA) to the 2.5-gram NOx + NMHC standard. The first engines were shipped to International Truck and Engine Corporation. Cummins will continue to manufactu ... Continue reading
DynaMotive to Develop BioOil Producing Partnerships
VANCOUVER, BC, April 4 DynaMotive Energy Systems Corporation announced today that it plans to establish BioOil producing partnerships in Canada and in the US with biomass producers, operators and investors. The Company currently has one prototype plant and one pilot plant producing BioOil in British Columbia with rated ... Continue reading
Enova Systems Reports Year End Results in SEC Filing
TORRANCE, Calif.--April 4, 2002--Enova Systems, Torrance, Calif. (OTCBB:ENVA), has submitted its Form 10K for the Year ended December 31, 2001 to the U.S. Securities and Exchange Commission. Reflecting continued growth, the Company achieved revenues of $3.78 million for the year -- exceeding 2000 revenues by more than ... Continue reading
Firestone faces trial on tire rollover
BAY CITY, Texas, April 3 Reuters has reported that Bridgestone Corp.'s Firestone unit will stand trial on Thursday in a Texas courtroom for a 1999 rollover accident that critically injured a college student and hurt two others. Attorneys will be seeking more than $70 million in damages from Firestone, according to cour ... Continue reading
PARK RIDGE, N.J., April 3 -- Effective immediately, The Hertz Corporation has eliminated base commissions paid to travel agents on car rentals, booked after April 4, 2002, primarily for U.S. and Canadian corporate and government accounts with individually negotiated rate programs. The change does not affect travel agen ... Continue reading
Japan March Sales Of Imported Autos Down 2.8% On Year
TOKYO -Dow Jones reported that sales of imported cars, trucks and buses in Japan fell for the seventh straight month in March, as sluggish economic conditions continued pressuring the broader Japanese auto market. Sales fell 2.8% from a year earlier to 35,294 units, the Japan Automobile Importers Association said Thurs ... Continue reading
MotorCities-Automobile National Heritage Area Launches Two Grants Programs
DETROIT, April 3 -- Two grants programs have been created in order to support the efforts of local and regional partners to develop projects in support of MotorCities-Automobile National Heritage Area's (MotorCities-ANHA) mission of preserving, interpreting and promoting our rich automotive and labor history. They are ... Continue reading
Ford gives Lincoln Continental a last hurrah
April 4, 2002 BLOOMBERG NEWS is reporting that Ford Motor Co. is making a final-edition Lincoln Continental with added features to try to lure longtime buyers before ending the model because of lower sales. The automaker will build about 2,000 of the Continentals with a base price of $41,120, Ford said in a statement. ... Continue reading
Toyota broadens engine fix for 3.3 million vehicles
DETROIT, April 3 Reuters reported that Toyota Motor Corp. said on Wednesday it was broadening a warranty for potential damage from oil gelling in engines on 3.3 million vehicles, aiming to mollify customers upset with the automaker renowned for quality. Toyota maintained the problem was caused by customers neglecting t ... Continue reading
South Africa March New Vehicle Sales Down 21.8 Percent
JOHANNESBURG, Apr 3 Reuters reported that South African new vehicles sales dropped sharply in March, hit by two interest rate rises so far this year and the impact on prices of the rand's dramatic slide in 2001, manufacturers said on Wednesday. The National Association of Automobile Manufacturers of South Africa (NAAMS ... Continue reading
UAW membership increased in 2001
DETROIT, April 3 Reuters reported that membership in the United Auto Workers union increased about 4.3 percent last year, giving one of the largest U.S. labor unions a rank-and-file gain for the first time in more than two decades. In an annual financial statement filed with the U.S. Department of Labor, the UAW said i ... Continue reading
Exide, bondholders struggle amid buyout interest
NEW YORK, April 2 Reuters reported that debt-strapped battery giant Exide Technologies is struggling to win concessions from creditors in the face of a looming $15 million interest payment due this month, while at least one buyout firm is considering making an offer for the company. Exide, which became the world's bigg ... Continue reading
Copper Heat Exchangers Offer Smaller, Lighter, More Environmentally Friendly Alternative to Aluminum
NEW YORK--April 3, 2002--With concerns about size, weight and environmental-friendliness in cars and trucks growing each year, the benefits of copper heat exchangers have become even more apparent. When placed side by side with aluminum, copper units are noticeably smaller and lighter. Utilizing a revolutionary process ... Continue reading
Chevrolet Becomes Contingency Sponsor of 2002 Trans-Am Series for the BFGoodrich Tires Cup
FOR IMMEDIATE RELEASE CONTACT: T.E. McHale (727) 533-0503 CHEVROLET BECOMES CONTINGENCY SPONSOR OF 2002 TRANS-AM SERIES FOR THE BFGOODRICH TIRES CUP CLEARWATER, Fla. (April 4, 2002) - General Motors and the Trans-Am Series have reached an agreement that makes GM's Chevrolet Division a contingency sponsor at all 12 even ... Continue reading
Tower Automotive Announces Filing of Registration Statement for Offering of 15 Million Shares
GRAND RAPIDS, Mich.--April 3, 2002--Tower Automotive, Inc. , announced today that it has filed with the Securities and Exchange Commission a registration statement under the Securities Act of 1933, relating to an underwritten primary offering of 15 million shares of its common stock. In addition, Tower Automotive will ... Continue reading
ASA ROOKIE BRANDON MILLER POISED FOR VICTORY
ASA ROOKIE BRANDON MILLER POISED FOR VICTORY AT TIRERACK.COM 300 - A Veteran of Irwindale Speedway, Ready to Face Challengers - BAKERSFIELD, Calif. (April 4, 2002) – 20-year old American Speed Association (ASA) rookie Brandon Miller is ready to attack the second race of the 2002 ASA season, the Tirerack.com 300 a ... Continue reading
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