The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

May 2002

Select Another Month

Thursday, May 9, 2002

J.D. Power and Associates Reports: Global Light-Vehicle Sales Up Slightly in April

J.D. Power and Associates Reports: Global Light-Vehicle Sales Up Slightly in April

WESTLAKE VILLAGE, Calif.--May 9, 2002--Spurred by strong sales in the United States, the global light vehicle selling rate remained strong in April, according to an automotive analysis by J.D. Power-LMC Automotive Forecasting Services(TM). The seasonally adjusted annualized rate (SAAR) of global light-vehicle sales dur ... Continue reading

Ford 2002 Annual Meeting Voting Results

Ford 2002 Annual Meeting Voting Results

IRVINE, Calif., May 9 A total of 393 people attended the 47th annual meeting of Ford Motor Company shareholders today at The Premier Automotive Group North American Headquarters.Preliminary voting results indicate that a total of 1,515,933,838 shares of common stock and 70,743,472 shares of Class B stock were represent ... Continue reading

Hottest New Fashion Accessory? The BMW Motorcycle

Hottest New Fashion Accessory? The BMW Motorcycle

WOODCLIFF LAKE, N.J.--May 9, 2002--How about a Swarovski crystal BMW cruiser to go with that evening dress? Or a sporty F 650 CS to accent that denim jacket? Fashion industry insiders are featuring stylish motorcycles as fashion accessories at this week's femme apparel and accessories trade show, which runs May 8-10 at ... Continue reading

Ingersoll-Rand Acquires Majority Interest in Superay, Chinese Tool Manufacturer

Ingersoll-Rand Acquires Majority Interest in Superay, Chinese Tool Manufacturer

HAMILTON, Bermuda--May 9, 2002--Ingersoll-Rand Company Limited , a leading diversified industrial firm, today announced that it has acquired a 51 percent interest in Superay, a manufacturer of tools and related products based in Jintan, China. Terms were not disclosed. "This transaction reflects our intention to expand ... Continue reading

America's Car-Mart, Inc. Announces Promotions and Management Transition

America's Car-Mart, Inc. Announces Promotions and Management Transition

IRVING, Texas--May 9, 2002--America's Car-Mart, Inc. today announced that in connection with the transformation of the Company to a pure play auto retailer focused exclusively on the "Buy Here/Pay Here" segment of the used car market, Edward R. McMurphy, the Company's Chairman, Chief Executive Officer and President wil ... Continue reading

Nissan North America Improves its Retail Networks with Reynolds and Reynolds Automark Web Services

Nissan North America Improves its Retail Networks with Reynolds and Reynolds Automark Web Services

DAYTON, Ohio, May 9 The Reynolds and Reynolds Company today announced an agreement with Nissan North America Inc. (NNA) to develop a comprehensive, flexible and stable retail network for the car company. The agreement includes both the NNA and Infiniti Division's U.S. retail networks. Reynolds Automark Web Services wil ... Continue reading

Classic Autos Roll Into Napa Valley for Father's Day

Classic Autos Roll Into Napa Valley for Father's Day

YOUNTVILLE, Calif.--May 9, 2002--The Napa Valley will proudly welcome car connoisseurs from around the Bay Area and beyond as Vintage 1870 in Yountville, Napa Valley hosts the 12th Annual Father's Day Invitational Auto Show on Sunday, June 16, 2002 from 11:00 a.m. to 4:00 p.m. Auto entries are by invitation. The event ... Continue reading

Wal-Mart Announces New 24 Hour Roadside Assistance Program

Wal-Mart Announces New 24 Hour Roadside Assistance Program

BENTONVILLE, Ark., May 9 For the first time, motorists can buy roadside assistance the same way they buy a quart of oil or a tire gauge, thanks to a cooperative effort between Wal-Mart Stores, Inc. and TracFone Wireless, Inc. At nearly 2,600 Wal-Mart stores and Supercenters nationwide, Wal-Mart is featuring TracFone's ... Continue reading

Fleetwood Names John R. Moore Vice President - Human Resources

Fleetwood Names John R. Moore Vice President - Human Resources

RIVERSIDE, Calif., May 9-- Fleetwood Enterprises, Inc., the nation's largest manufacturer of recreational vehicles and a leading producer and retailer of manufactured housing, has promoted John R. Moore to vice president - human resources. Moore joined Fleetwood in July 2000 as the human resources manager for the Compa ... Continue reading

Alternative Fuel Biz Heats Up- IMPCO Technologies Closes $18.75 Million in Private Placement

Alternative Fuel Biz Heats Up- IMPCO Technologies Closes $18.75 Million in Private Placement

CERRITOS, Calif., May 8 IMPCO Technologies Inc., today announced that they have closed an $18.75 million private placement financing of common stock with several large institutional investors. IMPCO sold a total of 1.5 million shares at $12.50 per share. The financing was placed by Adams, Harkness, & Hill. Robert M. St ... Continue reading

High-Definition Spectacular for Volvo at Geneva and New York Motor Shows

High-Definition Spectacular for Volvo at Geneva and New York Motor Shows

MENLO PARK, Calif., May 8 Accom®, a leader in broadcast and professional video products today announced that Gothenburg (Sweden)-based global events specialists Massteknik used the WSD®/HD multi-definition disk recorder to drive spectacular large-screen displays of high-definition video at the Geneva and New York mot ... Continue reading

Raybestos Signs Indy Driver Sarah Fisher For 500 Ride

Raybestos Signs Indy Driver Sarah Fisher For 500 Ride

MCHENRY, Ill., May 8 -- Brake Parts Inc., manufacturer of Raybestos®Brand Brakes, today announced a four-year sponsorship agreement with Indy Car driver Sarah Fisher. Fisher will be featured in Raybestos' national television advertising, point-of-purchase sales materials, print advertising and promotional appearances. ... Continue reading

Nissan Announces Record Results for FY 2001

Nissan Announces Record Results for FY 2001

TOKYO, May 9 Nissan Motor Company announced today preliminary financial results fiscal year 01, ended March 31, 2002. The company declared the completion of the Nissan Revival Plan (NRP) one full year ahead of schedule after fulfilling all its official commitments. It expects to report a consolidated operating profit o ... Continue reading

You Can't Stop Car Thieves. You Can Protect Yourself.

You Can't Stop Car Thieves. You Can Protect Yourself.

WESTWOOD, Mass., May 9 -- According to the FBI, one vehicle is stolen every 27 seconds in the United States. That's a frightening statistic, considering vehicle theft is the costliest property crime in the U.S., costing consumers more than $7.8 billion annually (National Insurance Crime Bureau, 1999). Car owners should ... Continue reading

Concentrax Announces Intent to Acquire Tech Firm

Concentrax Announces Intent to Acquire Tech Firm

HOUSTON, May 9 -- Concentrax, Inc. a provider of satellite vehicle tracking systems, today announced its intention to acquire Houston-based Internet firm Pangea Design in a proposed agreement that would enhance its ability to deliver more customized technology solutions. Mark Gifford, president and chief executive offi ... Continue reading

Six Finalists Selected For Best 2002 Car, Truck Interiors; Winners to be Named at Annual Auto Interiors Show

Six Finalists Selected For Best 2002 Car, Truck Interiors; Winners to be Named at Annual Auto Interiors Show

DETROIT, May 9 -- Six finalists have been named for the 2002 Car and Truck Interior of the Year Awards, which are presented by Auto Interiors magazine during the annual Auto Interiors Show at Detroit's Cobo Conference Center. The two winners will be announced Tuesday, May 14, on the opening day of the 2002 Show, which ... Continue reading

Western Rally Championship Rolls Into BC

Western Rally Championship Rolls Into BC

Specialty Subaru Pacific Forest Rally Presented by Yokohama Tires June 7th and 8th in Merritt, BC CANADA Round 2 of the Western Canadian Rally Championship For Immediate Release May 9, 2002 MERRITT, BC - The Western Canadian Rally Championship makes its debut in a new location this June as the second round of the 2002 ... Continue reading

New Title Sponsor for 2002 BC Rally Championship

New Title Sponsor for 2002 BC Rally Championship

VANCOUVER, BC - The West Coast Rally Association (WCRA) is pleased to announce the offering of a contingency program from Yokohama Tire (Canada) Inc. for all remaining regional rallies in 2002. Through their partnership in this program, WCRA and Yokohama hope to increase awareness of rallying in BC and to promote Yokoh ... Continue reading

Mitchell Releases UltraMate Advanced Estimating System

Mitchell Releases UltraMate Advanced Estimating System

SAN DIEGO--May 9, 2002--Mitchell International announced today the release of a new version of UltraMate, one of the leading estimating systems in the collision repair and insurance industries, which includes many new features designed to enhance ease-of-use, save time and increase productivity. "Our new version of Ult ... Continue reading

S&P Global Credit Markets Digest-Asia-Pacific Update

S&P Global Credit Markets Digest-Asia-Pacific Update

NEW YORK--May 9, 2002--Here is the current lineup of top articles and research from Standard & Poor's Credit Information Services: COMING UP: -- The Implications of Basel II for North American Banks: Navigating the Roadblocks -- The Internet and the Brazilian Banking System: Moving Slowly Into the Future -- Pressures E ... Continue reading

Multimedia Available: High-Temperature Strength of Charge Air Coolers Is Crucial for Clean Diesel Engines

Multimedia Available: High-Temperature Strength of Charge Air Coolers Is Crucial for Clean Diesel Engines

-- As governments around the world continue to pressure the makers of diesel engines and heavy-duty trucks to meet increasingly stringent emissions standards, the International Copper Association's CuproBraze(R) technology is likely to play a key role in the design of temperature-resistant heat exchangers. You can reac ... Continue reading

MAY 11 RACES AT IRWINDALE TO BENEFIT BREAST CANCER UNIT

MAY 11 RACES AT IRWINDALE TO BENEFIT BREAST CANCER UNIT

AUTO CLUB LATE MODELS, ULTRA WHEELS SUPER TRUCKS, GRAND AMERICAN MODIFIEDS, & MODIFIED 4's: SAT. MAY 11 Portion of the night's proceeds at Irwindale Speedway will go to fight Cancer Irwindale, Calif. - - As everyone knows, Saturday May 11, is the day before Mother's Day, and again this year it becomes a day on which ra ... Continue reading

Stock Evaluation Rating Change for Canary Wharf, Dixons Group, Granada, GKN, GlaxoSmithKline Announced by LondonStockPicks.com

Stock Evaluation Rating Change for Canary Wharf, Dixons Group, Granada, GKN, GlaxoSmithKline Announced by LondonStockPicks.com

SHREVEPORT, La.--May 8, 2002-- LondonStockPicks.Com (http://www.londonstockpicks.com) makes the following stock ratings for the short term: MODERATE BUY: Canary Wharf (LSE:CWG.L) - Underperform / Trend Up Dixons Group (LSE:DXNS.L) - Underperform / Trend Up Granada (LSE:GAA.L) - Underperform / Trend Up GKN (LSE:GKN.L) - ... Continue reading

Tenneco Automotive to Webcast Annual Meeting

Tenneco Automotive to Webcast Annual Meeting

LAKE FOREST, Ill.--May 8, 2002--Tenneco Automotive , a global supplier of automotive parts, will hold its annual meeting of stockholders on Tuesday, May 14, 2002, at 10:00 a.m. CDT at the Peabody Hotel in Memphis, Tennessee. Shareholders of record as of the close of business on March 22, 2002, will be entitled to vote ... Continue reading

Rescheduled to May 18: Cycle Junction Pro-Am Flat Track Motorcycle Race - new time schedule!

Rescheduled to May 18: Cycle Junction Pro-Am Flat Track Motorcycle Race - new time schedule!

Due to inclement weather the Cycle Junction Pro-Am Flat Track race has been rescheduled. New date: Saturday, May 18 Gates open at 2:00 p.m. Practice starts at 5:00 p.m. Racing starts at 7:00 p.m. $3,000 Purse for Pro Class Click on the attached link to view the flyer on our website or visit www.ameliamotorraceway.com. ... Continue reading

SATURDAY, MAY 11 LINE-UP FOR IRWINDALE SPEEDWAY

SATURDAY, MAY 11 LINE-UP FOR IRWINDALE SPEEDWAY

AUTO CLUB LATE MODELS, ULTRA WHEELS SUPER TRUCKS, GRAND AMERICAN MODIFIEDS, & MODIFIED 4's: SAT. MAY 11 Portion of the night's proceeds at Irwindale Speedway will go to fight Cancer Irwindale, Calif. - - As everyone knows, Saturday May 11, is the day before Mother's Day, and again this year it becomes a day on which ra ... Continue reading

#21 Giaffone Indy 500 May 8 Practice

#21 Giaffone Indy 500 May 8 Practice

Contact: Laz Denes, 256-657-6190 ldenes@monunnracing.com www.monunnracing.com Felipe Giaffone #21 Hollywood/Mo Nunn Racing Chevrolet G-Force 86th Indianapolis 500 - Practice Notes/Quotes - Wednesday, May 8, 2002 Indianapolis Motor Speedway - 2.5-Mile Oval Round 5 of 15 on the 2002 Indy Racing League After not running a ... Continue reading

#17 Kanaan Indy 500 May 8 Practice

#17 Kanaan Indy 500 May 8 Practice

Contact: Laz Denes, 256-657-6190 ldenes@monunnracing.com www.monunnracing.com Tony Kanaan #17 Hollywood/Mo Nunn Racing Chevrolet G-Force 86th Indianapolis 500 - Practice Notes/Quotes - Wednesday, May 8, 2002 Indianapolis Motor Speedway - 2.5-Mile Oval Round 5 of 15 on the 2002 Indy Racing League Tony Kanaan took advant ... Continue reading

POLICE AND DRAG STRIP TEAM UP TO TAME ILLEGAL STREET RACING

POLICE AND DRAG STRIP TEAM UP TO TAME ILLEGAL STREET RACING

IRWINDALE DRAGSTRIP AND IRWINDALE POLICE DEPARTMENT TEAM UP TO TAME ILLEGAL AND DANGEROUS STREET RACING. ALL SGV VALLEY POLICE AGENCIES ARE INVITED TO JOIN PROGRAM Irwindale Dragstrip is very pleased to become a partner with the Irwindale Police Department and its chief, Joe De Ladurantey, in a new program aimed at red ... Continue reading

Entries open for RSAC Scottish Rally

Entries open for RSAC Scottish Rally

Entries open for RSAC Scottish Rally Regulations have now been published and entries opened for the RSAC Scottish Rally, Scotland¹s biggest annual motor sport event. The rally is the third round of the Pirelli British Rally Championship and fourth round of the New Pig Scottish Rally Championship. For the sixth success ... Continue reading

Professional Insurance Agents Of New Jersey Joins Coalition For Auto Insurance Competition

Professional Insurance Agents Of New Jersey Joins Coalition For Auto Insurance Competition

NEWARK, N.J.--May 8, 2002--The Coalition for Auto Insurance Competition today announced that the Professional Insurance Agents of New Jersey, an association representing independent insurance agents throughout the state, has joined the Coalition in the effort to reform New Jersey's auto insurance laws to promote choice ... Continue reading

North American Lubricants Uses Personalized Web Sites

North American Lubricants Uses Personalized Web Sites

OAKLAND, Calif.--April 8, 2002--What's the latest in today's high-tech, high-touch direct marketing world? A personalized Web site for prospective clients. MCA Direct used the technique for North American Lubricants, Co., using an oversized four-color postcard and personalized Web sites to tell lube and oil change busi ... Continue reading

Automotive Students to Pop Hoods and Vie for State Auto Repair Championship

Automotive Students to Pop Hoods and Vie for State Auto Repair Championship

--The Automobile Club WHAT: The Southland's finest high school auto technology students will square off to diagnose and repair identically bugged Ford Escapes at the 2002 Ford/AAA Student Auto Skills Competition on May 10. (Northern California has an identical contest the same day.) The highest scoring team will become ... Continue reading

NAMARS to Race at IRP-Ok

NAMARS to Race at IRP-Ok

NAMARS MIDGETCARS TO RUN IRP ON JUNE 22! NAMARS is pleased to announce that its Championship MidgetCar™ Series will race at Indianapolis Raceway Park on Saturday, June 22nd in conjunction with the Hooters Pro Cup™ Series. This will mark the first time in history that NAMARS MidgetCars™ will race at IR ... Continue reading

Rand Racing and MG Lola

Rand Racing and MG Lola

Rand Racing has purchased two MG Lola EX257 sports cars in preparation for competition in the 2003 American Le Mans Series. Although the cars are built for the LMP675 class, team owner Bill Rand has set a higher goal. "I think the MG Lola can beat the prototypes," he said, referring to the more powerful LMP900 cars. "I ... Continue reading

Alex Job Racing - preview Sears Point

Alex Job Racing - preview Sears Point

double start The Alex Job Racing McKenna Porsche team is looking for a double victory to start the American Le Mans Series season. After its flag-to-flag triumph in the season-opening 12 Hours of Sebring, the team is chasing a second GT-class win in the May 19 series race at Sears Point Raceway in Sonoma, Calif. "We al ... Continue reading

CDI Announces Web Development Division

CDI Announces Web Development Division

NORTHVILLE, Mich.--May 8, 2002--Computer Decisions International, LLC, (CDI) announces the formation of its Interactive Division to focus on opportunities in the area of web development--including web site design, web hosting, e-mail services, and e-commerce solutions. CDI Interactive has created a strategic relationsh ... Continue reading

ARCA RE/MAX factsheet Kentucky

ARCA RE/MAX factsheet Kentucky

Updated entry lists & much more at arcaracing.com. Thanks, Don Radebaugh KENTUCKY FACTSHEET RACE: WLWT Channel 5-155, 5-11-02 TRACK: Kentucky Speedway, 1.5-mile paved oval LOCATION: Sparta, KY DISTANCE: 104 laps, 155 miles SANCTION: ARCA SERIES: Event #5 of the 2002 ARCA RE/MAX Series PROMOTER: Kentucky Speedway (859) ... Continue reading

Canadian Auto Workers take to streets today over lost jobs in auto industry

Canadian Auto Workers take to streets today over lost jobs in auto industry

TORONTO, May 8 - The Canadian Auto Workers union will be unveiling its auto industry strategy policy paper, Getting Into Gear, at its collective bargaining convention tomorrow at 10:30 am. Following the policy discussion approximately 1,000 delegates will take to the streets in a march to Queen's Park for a rally. The ... Continue reading

Petro Stopping Centers L.P. Announces First Quarter Results

Petro Stopping Centers L.P. Announces First Quarter Results

EL PASO, Texas--May 8, 2002--Petro Stopping Centers L.P., one of the leading operators of full-service travel plazas in the United States, today announced its operating results for the first quarter ended March 31, 2002. The net loss for the first quarter 2002 was $886,000 as compared to net loss of $3.1 million for th ... Continue reading

WFS Financial Announces Equity Investment in DealerTrack

WFS Financial Announces Equity Investment in DealerTrack

IRVINE, Calif.--May 8, 2002--WFS Financial Inc , a nationwide independent automotive finance leader, announced its alliance with DealerTrack, the Web-based auto finance enabler for automotive dealers. Through an equity partnership, WFS, with other lender owners, will provide the strategic direction and advancement of D ... Continue reading

Op de Beeck Outlines Vision of Claims Community Need for Open Solutions

Op de Beeck Outlines Vision of Claims Community Need for Open Solutions

SAN RAMON, Calif.--May 8, 2002--Speaking before an audience of 150 insurance, collision repair and automotive recycling industry leaders attending ADP(R)'s Convergence 2002 client conference, Peter Op de Beeck, president of the Claims Services Group of Automatic Data Processing, Inc. , outlined the need to build a comm ... Continue reading

Sports Car Grand Prix Features Affordable Ticket Pricing, International Car Club

Sports Car Grand Prix Features Affordable Ticket Pricing, International Car Club

Sports Car Grand Prix Features Affordable Ticket Pricing, International Car Club WATKINS GLEN, N.Y. (May 8, 2002) -- The Rolex Sports Car Series and Grand-Am Cup Street Stock Series are gearing up for the Sports Car Grand Prix at The Glen, June 21-23. Fans will want to make sure they get in on the excitement, including ... Continue reading

Larry Gould Receives PRO Council Lifetime Achievement Award

Larry Gould Receives PRO Council Lifetime Achievement Award

FOR IMMEDIATE RELEASE Media Contact: Rosemarie Kitchin, rosemariek@sema.org SEMA, 909/396-0289, ext. 104 LARRY GOULD RECEIVES PRO COUNCIL LIFETIME ACHIEVEMENT AWARD DIAMOND BAR, Calif. (May 7, 2002) - The Professional Restylers Organization (PRO), a SEMA council, has presented Larry Gould, president of The Gould Group, ... Continue reading

UNOVA Names Larry D. Yost to Board of Directors

UNOVA Names Larry D. Yost to Board of Directors

WOODLAND HILLS, Calif.--May 8, 2002--UNOVA, Inc. (www.unova.com), today announced that Larry D. Yost will join its board of directors. Yost, 63, is chairman of the board and chief executive officer of ArvinMeritor, Inc. , a position he has held since the company's July 2000 merger with Meritor, Inc. Yost was Meritor's ... Continue reading

Heartland Express, Inc. Announces Agreement to Acquire Great Coastal Express

Heartland Express, Inc. Announces Agreement to Acquire Great Coastal Express

CORALVILLE, Iowa--May 8, 2002--Heartland Express, Inc. announced today that it has signed a definitive agreement to purchase the business and certain trucking assets of Great Coastal Express, Inc. Great Coastal Express is a truckload carrier based near Richmond, Virginia. Great Coastal generated approximately $70 milli ... Continue reading

Search The Auto Channel

The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.

The Auto Channel Content by Topic

Vehicle manufacturers and alt fuels.