Chrysler Group Extends 7/100 and National Minivan Sale
AUBURN HILLS, Mich., May 31 Chrysler Group announced today the extension of two popular consumer programs through the Independence Day holiday weekend. The first -- Chrysler Group's National Minivan Sales Event -- will be extended through July 8, 2002. It offers consumers up to $2,500 in incentives on all Chrysler and ... Continue reading
Aging cars drive profits for auto part retailers
Susan Kelly of Reuters submitted this story: Americans are holding on to their aging cars and trucks longer, fattening the bottom line at service centers and auto parts stores nationwide. While sales of new vehicles continue at a torrid pace, many families are keeping their older cars, too, and now a third car in the d ... Continue reading
New 2003 Range Rover Now Available
CLICK HERE FOR COMPLETE SPECS.asp IRVINE, Calif., May 31 -- The award winning 2003 Range Rover from Britain's Land Rover officially goes on sale Saturday, June 1 at North America's Land Rover retailers. . ... Continue reading
<a href="http://www.buildyourdreamvehicle.com/">CLICK TO JUMP TO MORE INFO AND IMAGES</a> AUBURN HILLS, Mich., May 31 A team of students from St. Charles High School in St. Charles, Ill., today was named the 2002 National Champion of "Build Your Dream Vehicle" (BYDV), an automotive design competition sponsored by the C ... Continue reading
21st Century Holding Company Projecting Record 2nd Quarter Profits
PLANTATION, Fla.--May 31, 2002--21st Century Holding Company , a vertically integrated financial services holding company, announced today that it is raising its 2nd quarter profit estimates and projecting their second consecutive record quarter. President and CEO, Edward J. Lawson, announced that he is raising the gui ... Continue reading
TORONTO--May 31, 2002--Thinkpath Inc., , a market leader in IT and Engineering Knowledge Management solutions, announced the signing of an E-learning contract representing approximately $600,000 in revenue for the Company. This agreement is further validation of Thinkpath's strong client relationships with Fortune 100 ... Continue reading
AmeriCredit Announces $1.2 Billion Asset-Backed Securitization
FORT WORTH, Texas--May 31, 2002--AMERICREDIT CORP. announced the pricing of a $1.2 billion offering of automobile receivables-backed securities through lead managers Merrill Lynch & Co. and J.P. Morgan Securities Inc. and co-managers Banc One Capital Markets, Inc., Credit Suisse First Boston, Morgan Stanley and Wachovi ... Continue reading
DURA Automotive Announces Dividend On Trust Preferred Securities
ROCHESTER HILLS, Mich.--May 31, 2002--DURA Automotive Systems, Inc. , announced today that a quarterly dividend of $0.47 per share will be paid on the 7 1/2% convertible trust preferred securities issued by the DURA Automotive Capital Trust. The dividend will be payable on July 1, 2002, to stockholders of record on Jun ... Continue reading
Formula Ford 2000 Zetec Championship Pre-Practice Notes from Milwaukee
Pre-Practice Notes at Milwaukee - In pre-event testing on Wednesday, the top-five cars were all within 0.200 second. - The fastest time on Wednesday was posted by No. 14 Jon Groom, with a time of 28.371. - No. 11 Rubenzer, who suffered an engine failure at Mosport, missed Wednesday’s test session as the engine was be ... Continue reading
J.B. Hunt Transport Services, Inc. Announces Pricing of Stock Offering
LOWELL, Ark.--May 31, 2002--J.B. Hunt Transport Services, Inc. today announced the pricing of a public offering of 5,100,000 shares of common stock at a price of $26.00 per share, before underwriting discounts and commissions. 2,000,000 shares are being offered by J.B. Hunt, and 3,100,000 shares are being offered by th ... Continue reading
WOODBURY, N.Y.--May 31, 2002--Research Frontiers Incorporated , the developer and licensor of SPD light-control technology, is pleased to announce that it has presented SPD Inc. with the "First-to-Market" award for selling commercial quantities of SPD film. This previously-established award program formally acknowledge ... Continue reading
Tower Automotive Announces Dividend On Trust Convertible Preferred Securities
GRAND RAPIDS, Mich.--May 31, 2002--Tower Automotive, Inc. , announced today that a dividend of $0.84 per share will be paid on the 6 3/4% trust convertible preferred securities issued by the Tower Automotive Capital Trust. The dividend will be payable on June 30, 2002, to stockholders of record on June 15, 2002. The di ... Continue reading
Asbury Automotive Group Prices $250 Million Private Placement of Senior Subordinated Notes
STAMFORD, Conn.--May 31, 2002--Asbury Automotive Group today announced that it has priced a $250 million private placement of senior subordinated notes due 2012 with an interest rate of 9%. Asbury is using the net proceeds of this issuance to repay indebtedness under its existing credit facility. The notes are being of ... Continue reading
Press Release Issued May 31, 2002 12:47:00 PM ET Federal-Mogul Appoints H. Peter Becker Vice President, Corporate Quality Full text of this press release available at: http://www.prnewswire.com/cgi-bin/micro_stories.pl?ACCT=no& amp;TICK=FMO&STORY=/www/story/05-31-2002/0001738383& ;EDATE -------------------------------- ... Continue reading
Formula Ford 2000 Zetec Championship Practice Results from Milwaukee
WEST ALLIS, WIS. - Practice times for the 50 lap, 51.60-mile Rounds Six and Seven races at the Milwaukee Mile, with practice position, driver, hometown, car, time and speed in miles-per-hour. 1 (32),Lawson Aschenbach(R), Gaithersburg, Md., Van Diemen Ford, 0:28.194, 131.772. 2 (9),Tonis Kasemets, Mundelein, Ill., Van D ... Continue reading
Jimmie Johnson 6/9 Teleconference
> JIMMIE JOHNSON TO DISCUSS ROOKIE SEASON, > OUTLOOK FOR THE POCONO 500 > > Jimmie Johnson, driver of the No. 48 Lowe's Home Improvement Warehouse Chevrolet, comes to Pocono Raceway and next week's Pocono 500 as one of the hottest drivers in NASCAR. So far this season, Johnson scored his first NASCAR Winston Cup victor ... Continue reading
PRESS RELEASE: Scots battle for honours in 206 Super Cup on RSAC Scottish Rally
Apologies if you have already received this. This is Peugeot's release on the 206 Super Cup round on the RSAC Scottish Rally Championship, which features a number of Scots in contention. Ken -- "Galloway All the Way!" RSAC Scottish Rally, 8th & 9th June, 2002 The third round of the TOTAL supported 206 Super Cup head ... Continue reading
S&P Asgns Household Auto Tr 2002-1 Ser 2002-1 Nt Rtgs
NEW YORK--Standard & Poor's--May 31, 2002--Standard & Poor's assigned its ratings to Household Automotive Trust 2002-1's (Household) $1 billion auto receivable asset-backed notes (see list). The ratings reflect the credit support available to the notes, the performance of Household Finance Corp.'s (HFC) auto loan recei ... Continue reading
SAN ANTONIO--May 31, 2002--A lean-burn, propane engine developed by engineers at Southwest Research Institute(tm) (SwRI)(R) demonstrates a low-emissions alternative to diesel power. The propane engine replaces a 60 kW diesel engine in a John Deere 5410 tractor and can be modified for other naturally aspirated off-road ... Continue reading
BELLFLOWER, Calif.--May 31, 2002-- Saturday, June 1st from 4:00 - 9:00 p.m. on the Boulevard The City of Bellflower proudly presents the Fourth Annual Bellflower Car Show on Saturday, June 1st from 4:00 p.m. to 9:00 p.m. along Bellflower Boulevard in the historic Downtown area. Collectors will display their customs, cl ... Continue reading
ASCHENBACH CAPTURES FIRST POLE AT MILWAUKEE
FOR IMMEDIATE RELEASE ASCHENBACH CAPTURES FIRST POLE AT MILWAUKEE WEST ALLIS, WIS. (May 31, 2002) –Lawson Aschenbach, of Gaithersburg, Md., captured the pole for Round Six of the 2002 Formula Ford 2000 Zetec Championship at the Milwaukee Mile. Completing the top-three was Tonis Kasemets, of Mundelein, Ill. and Jo ... Continue reading
Dodge Nascar Winston Cup Qualifying Notes from Dover Downs
Friday, May 31, 2002 Ray Cooper Dodge notes and quotes. Golin/Harris International MBNA Platinum 400 Qualifying. 803-466-9085 Dover Downs International Speedway CASEY ATWOOD (No. 7 Sirius Satellite Radio Dodge Intrepid R/T) "We were a little bit loose. The car bottomed out getting in and got me loose and I had to chase ... Continue reading
R. Childress Team Swap Comments - Dover, May 31
TEAM MONTE CARLO Contact: Nancy Wager MBNA Platinum 400 - RCR Notes nmwager@aol.com Friday, May 31, 2002 GM Racing Communications Dover International Speedway (727) 784-8465 Page 3 Richard Childress, team owner of Richard Childress Racing (RCR), comments on the Crew Chief and Crew swap between the No. 29 (Kevin Harvick ... Continue reading
Formula Ford 2000 Zetec Championship Pre-Race Notes from Milwaukee
Pre-Race Notes at Milwaukee - No. 5 Imery has withdrawn from the event and will not race. - No. 86 Brumbaugh is changing his setup to match his teammates No. 34 Wilkins for race one. ... Continue reading
Team Monte Carlo- Dover Qualifying Notes, May 31
TEAM MONTE CARLO Contact: Nancy Wager MBNA Platinum 400 - Qualifying nmwager@aol.com Friday, May 31, 2002 GM Racing Communications Dover International Speedway (727) 784-8465 Page 6 Michael Waltrip, No. 14 NAPA Chevrolet Monte Carlo (qualified 4th): "The track is a little bit slicker now than it was during practice. Th ... Continue reading
Chevy's J.Gordon - Dover practice ntes, May 31
TEAM MONTE CARLO Contact: Nancy Wager MBNA Platinum 400 Practice nmwager@aol.com Friday, May 31, 2002 GM Racing Communications Dover International Speedway (727) 784-8465 Page 1 Jeff Gordon, No. 24 DuPont Chevrolet Monte Carlo: (On the Dover racetrack): "It's difficult and it's fun. It's just all corners. It's so fast. ... Continue reading
Ford-Werke Plans Squeeze Out Of Minority Shareholders
COLOGNE -Dow Jones is reporting that Ford-Werke AG, the German arm of Ford Motor Co . , plans to pay cash compensation of EUR640 per share to minority shareholders, the company said Friday. Ford-Werke's main shareholder, Ford Deutschland Holding GmbH, holds about 99.85% of the company's shares. Of 7.2 million shares, o ... Continue reading
College and Insurance Co. Form Alliance to Increase Seat-Belt Use Among African Americans
WASHINGTON, May 31 -- Motor vehicle crashes are the second leading cause of death among African-American youths, but this public health crisis can be remedied with something as simple as using a seat belt, say the organizers of a new alliance to address the issue. Data from a study conducted by Meharry Medical College ... Continue reading
Ward's Reports Estimated Production
SOUTHFIELD, Mich., May 31 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 317,854 units, down from the 356,846 cars and trucks built last week, according to Ward's Automotive Reports.Including this week's estimates, calendar year North American output now totals 7,349,242 ... Continue reading
High Expectations For TACH Visitors
Is Your Site Getting The 'Internet Death Penalty'? By Sharon Gaudin A recent survey of devout Web surfers shows that people's online expectations have skyrocketed over the last few years and they're quick to reject any Web site that doesn't keep up. "Expectations are equally high regardless of whether people are online ... Continue reading
Delphi Announces Two New Personnel Appointments
TROY, Mich., May 31 -- Delphi Corporation announced today two new personnel appointments within its Energy & Chassis division. Robert Wilson has been named to the newly created position of product line manager for Delphi's advanced energy products. Wilson, 37, will report to Pankaj Dhingra, battery business line execut ... Continue reading
30 Year Agreement for Beijing Jeep Corporation
AUBURN HILLS, Mich. and BEIJING, May 31 DaimlerChrysler and Beijing Automotive Industry (Group) Company (BAIC) today announced details of a 30-year agreement for their joint venture company in China, Beijing Jeep Corporation. The agreement is pending final Government ratification. The parties will continue their cooper ... Continue reading
WOMAN MOTORIST Reader Newsletter for 05/30/2002
Welcome to the WOMAN MOTORIST Reader Newsletter for 05/30/2001 These updates are designed to tell you what's new in WOMAN MOTORIST Internet magazine at http://www.womanmotorist.com, the prize for the current month's contest, upcoming radio programs, special projects, events and more. You joined this list by filling out ... Continue reading
Pierce wins two at the Speedrome!...
PIERCE TAKES TWO, POINTS LEAD May 30, 2002 Speedway, IN Muncie Indiana's Aaron Pierce broke the Regional MidgetCar Series points tie with Billy Wease in dominating fashion Thursday night winning both the Midget Car portion of the Detroit Diesel 100, and the final 45 laps of the rained-out feature event carried over fro ... Continue reading
Suzuki Becomes a ``Made-in-America'' Manufacturer with Opening of Georgia ATV Plant
ROME, Ga.--May 31, 2002-- $30 Million Facility Will Employ 150 at Full Production and Improve On-Time Delivery to Suppliers Around the World Suzuki Motor Corp. (SMC) becomes a bonafide "made-in-America" manufacturer with today's opening of a 108,350-square-foot Suzuki Manufacturing of American Corp. (SMAC) ATV manufact ... Continue reading
New Study Indicates $Billions Spent Needlessly as a Result of Tire Under Inflation
CRANBERRY TOWNSHIP, Pa.--May 31, 2002--Cycloid Company, a manufacturer of the AutoPump, an automatic tire pressure maintenance device, reports disturbing U.S. gasoline consumption data related to tire under-inflation. Cycloid Company, a Cranberry PA manufacturer of the AutoPump recently undertook an analysis of the num ... Continue reading
LOS ANGELES--May 31, 2002--The first week of the summer driving season saw pump prices swinging up or down slightly, depending on the area, according to the Weekend Gas Watch, compiled by the Automobile Club of Southern California. Average prices dipped slightly in the L.A.-Long Beach area for the seventh consecutive w ... Continue reading
AAA Texas' Weekend Gas Watch; Gas Prices Decrease As Summer Driving Season Gets Underway
HOUSTON--May 31, 2002--In an unusual presummer twist, gasoline prices are decreasing as motorists gear up for vacation season, according to the Weekend Gas Watch, compiled by AAA Texas. The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips. The average price for regular ... Continue reading
Automakers Attack Canadian Market - Consumers Are Saving Big In Canada-See Ya In Windsor
ALBANY, N.Y. AP is reporting that automakers are trying to put the brakes on flourishing cross-border shopping by U.S. consumers, who legally save thousands of dollars on new cars intended for the lower-priced Canadian market. This month Chrysler Group of DaimlerChrysler AG announced it will void warranties on 2003 mod ... Continue reading
CASCAR Super Series For immediate release / May 30, 2002 Gibbons goes for three in a row at St-Eustache LONDON, ON - When you think of CASCAR Super Series races at Autodrome St-Eustache, several things come to mind. The flat, 4/10-mile oval is like no other that the series visits. Described as 'off-camber' by one befud ... Continue reading
Driver Spotlight on Emil Assentato
Driver Spotlight on Emil Assentato DAYTONA BEACH, Fla. (May 30, 2002) - From Wall Street to street stock racing, Emil Assentato leads a hectic life. As a driver and team owner, Assentato spends his free time racing the #53 Mustang Cobra R of Max 'Q' Motorsports in the Grand-Am Cup Street Stock Series Grand Sport II cla ... Continue reading
SAE Milwaukee Section Hosts 2002 SAE Midwest Mini Baja
WAUKESHA, Wis., May 30 -- Over 100 college teams are preparing to test their engineering and mechanical skills at the 2002 SAE Midwest Mini Baja, hosted by the Milwaukee Section of SAE International. The competition will be held May 31st-June 2nd, 2002 in Waukesha and Lake Mills, Wisconsin. This is the third of three s ... Continue reading
Verizon Offers Ideas for Safer Use of Wireless Phones While Driving
MILWAUKEE, May 30 -- With the start of the summer travel season for millions of Americans just around the corner, Verizon Wireless, the nation's largest carrier, is reminding all wireless phone users to make safety a priority when driving."Verizon Wireless promotes safe driving year-round, but as summer travel begins, ... Continue reading
GM Passes Nissan in Quality Study
By ED GARSTEN AP Auto Writer Ed Garsten's anaylsis of the JDPower quality study: DETROIT (AP) -- The quality of new cars and trucks showed the most improvement in five years and General Motors Corp. crept into the top five major automakers in the annual J.D. Power and Associates initial quality study released Thursday. ... Continue reading
CSK Auto Corporation Reports Fiscal 2002 First Quarter
PHOENIX, May 30 CSK Auto Corporation the parent company of CSK Auto, Inc., a specialty retailer in the automotive aftermarket, today reported its financial results for the first quarter of fiscal 2002.Net sales for the thirteen weeks ended May 5, 2002 (the "first quarter of fiscal 2002") increased 5.5% to $375.6 millio ... Continue reading
AAA Michigan Says Repeal of Motorcycle Helmet Law Would Increase Deaths and Injuries
DEARBORN, Mich., May 30 -- Legislation just passed by the state House and sent to the Senate for approval would increase the number of motorcycle deaths and injuries in Michigan, said AAA Michigan. House Bill 4823, sponsored by Rep. Gene DeRossett (R-Manchester), would remove the mandatory helmet requirement for all ri ... Continue reading
NHTSA Sets Standard for Tire Pressure Monitoring Devices
WASHINGTON, May 30 -- In response to a mandate in the Transportation Recall Enhancement, Accountability, and Documentation (TREAD) Act of 2000, the U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) today issued part one of a two-part final rule requiring tire pressure monitoring ... Continue reading
Lexus Tops Annual J.D. Power and Associates' Initial Quality Study
TORRANCE, Calif., May 30 -- For the third year in a row Lexus has the most problem-free vehicle as reported today in J.D. Power and Associates' 2002 Initial Quality Study(SM) (IQS). The annual study measures vehicle owner reported problems during the first three months of ownership. The Lexus LS 430 premium luxury seda ... Continue reading
Phillip F. Whalen, Jr. Named President and CEO of OnStation Corporation
SAN FRANCISCO, May 30 -- OnStation Corporation, provider of partner and customer relationship management software for the automotive industry, today announced that Phillip F. Whalen, Jr. has been named president and chief executive officer. Whalen is a seasoned Silicon Valley executive with more than 20 years of experi ... Continue reading
dodge craftsman truck series qualifying from dover; musgrave 2nd, leffler 3rd
Thursday, May 30, 2002 Ray Cooper Dodge notes and quotes. Golin/Harris International MBNA America 200 Qualifying 803-466-9085 Dover Downs International Speedway BRIAN ROSE (No. 4 Perry Connection Dodge Ram) "We ran so much better in the second practice. This is kind of frustrating. The track might have got a little gre ... Continue reading
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