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

Monday, May 13, 2002

RealNames to shut down, Microsoft deal scuttled

RealNames to shut down, Microsoft deal scuttled

SAN FRANCISCO, May 13 Reuters reported that the president and chief executive of RealNames Corp said on Monday his company is shutting down because Microsoft Corp has refused to renew a contract to use RealNames technology in the Internet Explorer browser to allow people to find Web sites using simple words instead of ... Continue reading

New Dot-Funded AFS Trinity Power Flywheel Program Launched for Hybrid Vehicles

New Dot-Funded AFS Trinity Power Flywheel Program Launched for Hybrid Vehicles

PASADENA, Calif.--May 13, 2002-- Alternative Energy Initiative Focuses on "Ruggedizing" Flywheel Energy Storage Systems for Use in Hybrid Trucks and Buses Senator Patty Murray (D-WA) announced today that the U.S. Department of Transportation (DOT) will provide $1 million in funding to AFS Trinity Power Corporation, in ... Continue reading

Anaheim Public Utilities to Put Solar Powered Golf Carts to the Test

Anaheim Public Utilities to Put Solar Powered Golf Carts to the Test

ANAHEIM, Calif.--May 13, 2002--This summer, Anaheim Public Utilities will conduct field tests on a new product called SunCaddy. SunCaddy is a solar energy array built directly into a removable golf cart top. It enables a golf cart to recharge its batteries using clean, renewable solar power. Anaheim purchased 14 SunCad ... Continue reading

ATA Proudly Sponsors Indianapolis 500 Driver Sarah Fisher

ATA Proudly Sponsors Indianapolis 500 Driver Sarah Fisher

INDIANAPOLIS--May 13, 2002--Indianapolis-based ATA (American Trans Air, Inc. Nasdaq:AMTR) today announced that it is the official airline sponsor of Indy Racing League driver Sarah Fisher for the upcoming and highly acclaimed Indianapolis 500 race. Fisher, an Indianapolis resident, is considered the most successful fem ... Continue reading

Peterson Takes Ferrari Challenge Points Lead

Peterson Takes Ferrari Challenge Points Lead

Peterson Takes Ferrari Challenge Points Lead DAYTONA BEACH, Fla. (May 13, 2002) -- Doug Peterson took the lead in the Ferrari Challenge driver point standings after capturing his third-straight win of the season at Road Atlanta over the weekend. Peterson, who pilots his Ferrari 360 for the Shelton Sports Car team, kick ... Continue reading

Dealix and Consumer Guide Form Commerce and Marketing Alliance

Dealix and Consumer Guide Form Commerce and Marketing Alliance

PALO ALTO, Calif.--May 13, 2002--Dealix Corporation, a leader in Internet automotive marketing, and Consumer Guide(R), one of the leading providers of consumer-oriented automotive and shopping information, today announced an extensive commerce and marketing strategic alliance. Consumer Guide will utilize Dealix as the ... Continue reading

Automotive Consumers Can Learn Five-Year Vehicle Ownership Costs in Their Own ZIP Codes

Automotive Consumers Can Learn Five-Year Vehicle Ownership Costs in Their Own ZIP Codes

SANTA MONICA, Calif., May 13 -- Consumers can now easily review and consider all significant long-term financial costs when deciding which new vehicle to purchase. Edmunds today announced the launch of True Cost to Own(SM) research tool that provides the estimated five-year costs of automotive expenses for 2002 vehicle ... Continue reading

'Put The Top Down' Say American Drivers

'Put The Top Down' Say American Drivers

SOUTHFIELD, Mich., May 13 -- Sales of new convertibles in the United States have risen 63 percent since 1996, underscoring America's rekindled passion for the open-air driving experience. in 1996, convertibles accounted for only 1.3 percent of all registered vehicles according to R. L. Polk & Co. That number now stands ... Continue reading

DaimlerChrysler April Mercedes Sales Up 3 %

DaimlerChrysler April Mercedes Sales Up 3 %

FRANKFURT, May 13 Reuters reported that DaimlerChrysler AG said on Monday sales of its Mercedes-Benz brand cars totalled a record 101,400 units in April, up three percent from the same month a year ago. ... Continue reading

The First Sketch: Saab Engineer Creates Marketing Image

The First Sketch: Saab Engineer Creates Marketing Image

NORCROSS, Ga., May 13 -- During the early development stages of the new 9-3 Sport Sedan, Saab's chief chassis engineer, Ekkehard Schwartz, was asked to describe the car's core appeal. His immediate response was a quick sketch, but not of the car itself. He drew the image of an exhilarated driver. The whole idea, Schwar ... Continue reading

World Premiere: All-new Saab 9-3 Sport Sedan

World Premiere: All-new Saab 9-3 Sport Sedan

NORCROSS, Ga., May 13 -- First Saab positioned in premium, compact sport sedan segmentWorld class chassis dynamics enhance driver involvementLong wheelbase and wide track for good handling and spacious interiorNew powertrain includes lightweight, aluminum turbo engineNew five-speed automatic transmission and six-speed ... Continue reading

What Exacty Is A Truck?

What Exacty Is A Truck?

Automotive News reports that a federal agency has taken the first step toward changing the quarter-century-old definition of a truck under the government's fuel economy program. A change has powerful implications for automakers, which openly take advantage of the flexible truck definition. They offer a wide range of mu ... Continue reading

Free OnStar With Purchase

Free OnStar With Purchase

FOR RELEASE: May 13, 2002 TROY, Mich. - A new offer has emerged in Cadillac showrooms nationally. Customers who take delivery of a certified pre-owned Cadillac through a Cadillac certified pre-owned dealership can now receive six months of complimentary OnStar Directions & Connections service and 30 OnStar Personal Cal ... Continue reading

Back-Up Warning Maker Move Forward

Back-Up Warning Maker Move Forward

CHARLOTTE, N.C., May 13 Sense Technologies Inc. announced today that it received subscription agreements from two investment companies for a total of $4.0 million of common stock at $2.00 per share. The Company also announced that it will request a review of the Nasdaq Listing Qualifications Panel's decision to delist ... Continue reading

GM Oklahoma City Plant Donates Alternative fueled Yukon To Museum

GM Oklahoma City Plant Donates Alternative fueled Yukon To Museum

FOR RELEASE: May 13, 2002 OKLAHOMA CITY, Okla. - The GM Oklahoma City plant announced its donation of the alternative fueled GMC Yukon Environmental Lab to Kirkpatrick Science and Air Space Museum at Omniplex at the Cocks Convention Center today during the opening session of the 8th Annual Clean Cities Convention. "Bri ... Continue reading

America's Trucking Army Reports for Duty in War on Terrorism; Three Million Truck Drivers to Act as Eyes and Ears for Nation

America's Trucking Army Reports for Duty in War on Terrorism; Three Million Truck Drivers to Act as Eyes and Ears for Nation

ALEXANDRIA, Va., May 13 -- The American trucking industry today rolled out its Anti-terrorism Action Plan (ATAP) targeted to keeping key highways open, safe, and secure -- and enabling the 'wheels of commerce' to keep rolling. Under the plan, a potential three million professional truck drivers will be trained to spot ... Continue reading

Toyota Targets Record Profit

Toyota Targets Record Profit

TOKYO, May 13 Reuters reports that Toyota Motor Corp said on today it hoped for record group earnings in the business year to next March. Executive Vice President Ryuji Araki made the comment after the company reported a record profit last business year, fuelled by a weak yen and robust U.S. sales, particularly at its ... Continue reading

Toyota Wants To Buy Back Almost 5% of Outstanding Stock

Toyota Wants To Buy Back Almost 5% of Outstanding Stock

TOKYO, May 13 Reuters reported that Toyota Motor Corp, said today it was seeking shareholder approval to buy back up to 170 million of its own shares or 600 billion yen ($4.7 billion) worth. The buyback represents up to 4.6 percent of its outstanding shares and will be subject to approval at a meeting of shareholders o ... Continue reading

Collins & Aikman Corporation Announces Results For the First Quarter

Collins & Aikman Corporation Announces Results For the First Quarter

TROY, Mich., May 13 Collins & Aikman Corporation today reported first quarter results for its fiscal period ended March 31, 2002. For the first quarter of 2002, the Company reported net sales of $914.8 million, EBITDA as defined by the Company's senior credit facility of $106.8 million and a net loss of $6.0 million, o ... Continue reading

RV Accesories Company, The Coast Reports First Quarter 2002 Increases In Operating Income and Net Income

RV Accesories Company, The Coast Reports First Quarter 2002 Increases In Operating Income and Net Income

MORGAN HILL, Calif., May 13 -- The Coast Distribution System, Inc. today reported financial results for the first quarter ended March 31, 2002. Net sales for the quarter ended March 31, 2002 increased to $38.2 million from $37.9 million for the first quarter of 2001. Operating income increased by 211% to $1,779,000 in ... Continue reading

Toyota Forcasts Group 2002/2003 Vehicle Sales at 5.98 Million Units

Toyota Forcasts Group 2002/2003 Vehicle Sales at 5.98 Million Units

TOKYO, May 13 Reuters reported that Toyota Motor Corp, Japan's biggest automaker, said on Monday it was forecasting group vehicle sales of 5.98 million units for the 2002/03 business year versus 5.78 million in the previous year. It also said it was assuming an exchange rate of 125 yen per dollar for 2002/03. ... Continue reading

Mitsubishi Turns Around Makes Profit

Mitsubishi Turns Around Makes Profit

TOKYO AP reported that the Mitsubishi Motors Corp.returned to profitability in the latest fiscal year under a turnaround plan with German partner DaimlerChrysler AG but executives said the Japanese automaker still faced a challenge in repairing its battered corporate image. Mitsubishi Motors posted a net group profit o ... Continue reading

Wingcast Selects GDT to Provide Street and Address Foundation for Telematics Services

Wingcast Selects GDT to Provide Street and Address Foundation for Telematics Services

LEBANON, N.H.--May 13, 2002--Geographic Data Technology, Inc., (GDT) a developer of premier map databases, today announced that its street and address data have been selected to support the services provided by Wingcast, a company founded by Ford Motor Company and QUALCOMM to provide telematics services and application ... Continue reading

Fonix Speech Solutions Power Hitachi Semiconductor Platforms for Advanced In-Vehicle Computing Systems

Fonix Speech Solutions Power Hitachi Semiconductor Platforms for Advanced In-Vehicle Computing Systems

SALT LAKE CITY & SAN JOSE, Calif.--May 13, 2002-- The Hitachi-Fonix Combination Provides a Robust Automotive Platform and the Ability To Integrate Efficient and Powerful Speech-Enabled Applications Into Vehicle Systems Fonix(R) Corporation (OTC BB: FONX), a leading provider of natural-user interface solutions for wirel ... Continue reading

Autobytel Continues Streamlining, Cost Reductions, and Operational Focus; Cost Savings Estimated at $4 Million Annualized

Autobytel Continues Streamlining, Cost Reductions, and Operational Focus; Cost Savings Estimated at $4 Million Annualized

IRVINE, Calif.--May 13, 2002--Autobytel Inc. announced a restructuring which is expected to generate savings of approximately $4 million on an annualized basis. This is a continuation of the efforts begun last year to reduce costs and improve operating efficiency subsequent to Autobytel's acquisition of Autoweb. The re ... Continue reading

Automotive Companies Gain Greater Competitive Advantage and Profitability Through Collaborative Commerce, Says Deloitte Research

Automotive Companies Gain Greater Competitive Advantage and Profitability Through Collaborative Commerce, Says Deloitte Research

NEW YORK--May 13, 2002--A new Deloitte Research publication, Collaborative Commerce in the Automotive Industry, describes how companies are changing how they interact, share information, and make decisions with their trading partners. -- Automotive companies continue to seek operational and financial performance improv ... Continue reading

Prolong International Corporation Reports Profitable First Quarter Financial Results; Details Improvements in Financial Performance

Prolong International Corporation Reports Profitable First Quarter Financial Results; Details Improvements in Financial Performance

IRVINE, Calif.--May 13, 2002--Prolong International Corporation (AMEX:PRL)(http://www.prolong.com), a consumer products holding company and parent of Prolong Super Lubricants, Inc., manufacturer and marketer of patented consumer automotive, commercial/industrial and household products, announced today financial results ... Continue reading

Weak Yen -Strong US Lexus Sales Helps Toyota To Record Profit

Weak Yen -Strong US Lexus Sales Helps Toyota To Record Profit

TOKYO, May 13 Reuters reported today that the Toyota Motor Corp,generated record profits last business year fuelled by a weak yen and robust U.S. sales, particularly at its Lexus luxury vehicle division. Consolidated operating profit for Japan's largest automaker leapt 29.1 percent to a record 1.12 trillion yen ($8.78 ... Continue reading

DaimlerChrysler:Clean Diesels, Hybrid Electric Vehicles and Fuel Cells Will be a Part of Our Automotive Energy Landscape

DaimlerChrysler:Clean Diesels, Hybrid Electric Vehicles and Fuel Cells Will be a Part of Our Automotive Energy Landscape

WASHINGTON, May 13 -- DaimlerChrysler's advanced technology specialists from Auburn Hills to Stuttgart are working with suppliers and research facilities around the world to develop automobile systems that will greatly reduce, or possibly eliminate, fossil fuel consumption and subsequent emissions.These technological a ... Continue reading

Most Researched Cars of April 2002

Most Researched Cars of April 2002

PALO ALTO, Calif.--May 13, 2002--Dealix Corporation, the home of InvoiceDealers, released the favorite cars, trucks, SUVs and minivans of its online shoppers. April 2002 Results: There's nothing stopping the Ford F-Series from being number one. April marked its eighth month on top of Overall Favorite Vehicles, and it h ... Continue reading

GM Appoints The Next Wave Of HUMMER Dealerships

GM Appoints The Next Wave Of HUMMER Dealerships

Dealerships open in Cockeysville, MD, Merrillville, IN, Tinley Park, IL and Fayetteville, AR. Detroit, Mich - The world's premiere off-road vehicles, the HUMMER H1 and soon to market HUMMER H2, are at four new GM HUMMER dealerships in Cockeysville, Maryland, Merrillville, Indiana, Tinley Park, IL and Fayetteville, Arka ... Continue reading

Toyota to supply diesel engines for BMW's Mini

Toyota to supply diesel engines for BMW's Mini

TOKYO, May 13 Reuters reported thet Japanese auto giant Toyota Motor Corp said today it would supply 10,000 to 20,000 diesel engines per year from 2003 to Bayerische Motoren Werke AG (BMW) for the German carmaker's Mini brand. The Japanese carmaker said the engines, which Toyota makes for its own European subcompact th ... Continue reading

GM plans to make 900,000 autos in Korea

GM plans to make 900,000 autos in Korea

SEOUL, May 13 Reuters repeated a story found in the Korea Economic Daily which reported that General Motors Corp, which recently acquired key assets of bankrupt Daewoo Motor Co, plans to target a bigger market share by producing 900,000 automobiles annually in South Korea. The paper quoted Daewoo Motor President Kim Se ... Continue reading

GM Kicks It Up A Notch With Alt. Fuels Vehicles 2002 Clean Cities Conference

GM Kicks It Up A Notch With Alt. Fuels Vehicles 2002 Clean Cities Conference

OKLAHOMA CITY - Demonstrating its commitment to expand the use of low emission vehicles, General Motors is bringing a host of its Alternative Fuel Vehicles to the 2002 National Clean Cities Conference and Exposition on May 12-15, 2002. The theme for the conference is "Kick It Up a Notch," and GM is doing just that, exh ... Continue reading

Korean Carmakers Fear Excise Tax Renewal

Korean Carmakers Fear Excise Tax Renewal

The Korean Times reported that with the Korean government weighing arguments for and against the extension of the special automobile excise tax cut period, originally set to expire in June, domestic automakers are working out countermeasures for various contingencies, industry sources said yesterday. The government fir ... Continue reading

Soccer Beetle Invades Seoul

Soccer Beetle Invades Seoul

Gojin Motor Imports, local importer of Volkwagen automobiles, showcases its ``Soccer Beetle,'' which won the grand prize in the Volkwagen Art Beetle Contest at the Hotel Shilla in central Seoul Sunday. ... Continue reading

Koreans Buying Second Cars- Average Car Ownership Now 5 Years

Koreans Buying Second Cars- Average Car Ownership Now 5 Years

The Korean Times reported that the larger the car, the more it has to travel. The average number of years that a motorist keeps a new car is five years. People are buying more second cars than ever before. These are some of the latest trends that Hyundai Motor has found through a survey of some 4,000 customers who boug ... Continue reading

Review Audi S6 Avant

Review Audi S6 Avant

2002 Audi S6 Avant: Uberwagon Base price: $58,700 Price as tested: $61,875 EPA mileage: 14 city/21 highway By Des Toups Given the almost weekly introduction of oddly shaped vehicles by automakers staking out territory in that new automotive niche, the crossover, it seems clear now: The Holy Grail is a car that can haul ... Continue reading

5-11Lebanon Valley RESULTS

5-11Lebanon Valley RESULTS

TREMONT CHECKS OUT VICTORY LANE, GOEWEY SPRINTS TO SPORTSMAN WIN May 11, 2002 WEST LEBANON, NY-Kenny Tremont Jr. captured the victory in the 30-lap modified feature at Lebanon Valley Saturday night ending Brett Hearn's win streak at three. K.C. Goewey took top honors in the 20-lap sportsman main. The ageless veteran, J ... Continue reading

BMW WilliamsF1 Team - Austrian GP - Race

BMW WilliamsF1 Team - Austrian GP - Race

---------- From: BMW WilliamsF1 Team <HHientzsch@aol.com> To: Judy Stropus <jstropus@earthlink.net> Subject: BMW WilliamsF1 Team - Austrian GP - Race Date: Sun, May 12, 2002, 11:15 AM Austrian Grand Prix - RACE 12th April 2002 Weather: dry, 21&#402;C Air, 27&#402;C Track On a race which was significantly affected by ma ... Continue reading

ARCA Truck Kentucky Results Plus - Points and Standings

ARCA Truck Kentucky Results Plus - Points and Standings

NOTE: Current points and note package at the bottom of release WORMCASTLE TAKES CHECKERED AT KY SPEEDWAY ARCA TRUCKS SEASON OPENER; EARNS ED & COMPANY HARD CHARGER HONORS 5-10-02, by Wendy Wellman The Witwer Racing team finally scored its first series victory this Friday, with hotshoe veteran Joe Wormcastle snatching t ... Continue reading

Montgomery Finishes 11th in Backup Car at Kentucky

Montgomery Finishes 11th in Backup Car at Kentucky

Montgomery Finishes 11th in Backup Car at Kentucky Rookie Puts on Good Show with Race Winner SPARTA, KY (May 11, 2002) - The weekend ended better than expected for ARCA RE/MAX Series driver Chase Montgomery and the #27 Montgomery Motorsports Chevrolet Monte Carlo team. After their primary car suffered severe rear-end d ... Continue reading

2002 Austrian Grand Prix Race-Honda Team Report

2002 Austrian Grand Prix Race-Honda Team Report

Honda F1 Press Information 12 May 2002 POINTS FINISH FOR HONDA IN AUSTRIA Fisichella scores fifth place and two points for Jordan Honda ------------------------------------------------ Giancarlo Fisichella and DHL Jordan Honda recorded fifth place in today's Austrian Grand Prix, and he was the first driver to cross the ... 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.