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October 2002

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Tuesday, October 22, 2002

Germany ads draw on Chrysler's history

Germany ads draw on Chrysler's history

BY DAVID MCHUGH ASSOCIATED PRESS BERLIN October 23, 2002 David McHugh wrting for the AP reported that The Chrysler Group hopes to finally find the on ramp to the autobahn with a new ad campaign aimed at boosting its minuscule sales in Germany, Europe's largest car market. The campaign, unveiled Tuesday by company execu ... Continue reading

CN Reports Third-Quarter 2002 Financial Results

CN Reports Third-Quarter 2002 Financial Results

MONTREAL, Quebec--Oct. 22, 2002--Canadian National (TSX:CNR): -- Third-quarter 2002 net income and diluted earnings per share of $268 million and $1.32, respectively, compared with adjusted net income and diluted EPS (1) of $240 million and $1.21 for third-quarter 2001 -- Revenues of $1,503 million, up 13 per cent on W ... Continue reading

New Model Variant Of The "Van Of The Year 2002" - Spacious Transporter: Opel Vivaro High-Roof Van

New Model Variant Of The "Van Of The Year 2002" - Spacious Transporter: Opel Vivaro High-Roof Van

Rüsselsheim - October 22, 2002; Adam Opel AG announced at the opening of the new production site in Barcelona, Spain yesterday that the latest Vivaro variant - the high-roof van - will be going on sale early next year. The Vivaro's sister models Renault Trafic and Nissan Primastar will also be built at the Barcelona f ... Continue reading

DaimlerChrysler Engineering Portal - Global Engineering

DaimlerChrysler Engineering Portal - Global Engineering

http://www-video.daimlerchrysler.com/dctv/videos/2 0021022_e.ram CLICK4 Video Several engineers based in different locations can now work simultaneously on the same project. Until the advent of the Engineering Portal they would each have to wait for the other to complete their work. But now The Engineering Portal enabl ... Continue reading

Aftermarket Technology Corp. Among '200 Best Small Companies' According To Forbes Magazine

Aftermarket Technology Corp. Among '200 Best Small Companies' According To Forbes Magazine

WESTMONT, Ill., Oct. 22, 2002; Aftermarket Technology Corp., today announced that it was recently named one of "200 Best Small Companies" by Forbes magazine. "We are pleased to be included in such a prestigious list, particularly one that recognizes a company's overall strength," said Mike DuBose, Chairman, President a ... Continue reading

Ford Plans to Reduce Explorer Costs By $600 a Vehicle

Ford Plans to Reduce Explorer Costs By $600 a Vehicle

DETROIT -- Jocelyn Parker writing for Dow Jones reported that Ford Motor Co. on Tuesday said it plans to cut its material costs per vehicle on its popular Explorer sport-utility vehicle. During a conference call, Chief Financial Officer Allan Gilmour said the company will take out $600 per vehicle on Ford's 2003 Explor ... Continue reading

Yazaki North America Announces Return to SAE World Congress

Yazaki North America Announces Return to SAE World Congress

CANTON, Mich., Oct. 22, 2002 -- Yazaki North America, Inc. (Yazaki), a leading supplier of vehicle power and data solutions to the automotive industry, will return to the Society of Automotive Engineers (SAE) World Congress and Exposition in 2003 as an exhibitor, George R. Perry, president and CEO of Yazaki North Ameri ... Continue reading

Nissan to shift Frontier pickup output to Spain

Nissan to shift Frontier pickup output to Spain

NEW YORK, Oct 22 Reuters reported that Japan's Nissan Motor Co plans to largely shift output of its mainstay Frontier pickup truck from Japan to Spain as early as 2005 to raise global operational efficiency, the Nihon Keizai Shimbun reported. Nissan, Japan's third-largest automaker, is considering cutting domestic outp ... Continue reading

Rob Report Editors Select Exclusive Maybach 62 As Consummate Holiday Automotive Gift

Rob Report Editors Select Exclusive Maybach 62 As Consummate Holiday Automotive Gift

http://www-video.daimlerchrysler.com/dctv/videos/2 0020712_e.ram Click4 Maybach Video MALIBU, Calif., Oct. 22 -- The editors of luxury lifestyle authority Robb Report today announced the selection of the opulently appointed Maybach 62 as the consummate automotive gift for the upcoming holiday season. Accordingly, Daiml ... Continue reading

Ford Denies Report of Doubling Ad Spending

Ford Denies Report of Doubling Ad Spending

Tuesday 11:41 am ET DEARBORN, Mich. October 22, 2002 Reuters is reporting that Ford Motor Co. on Tuesday denied a report it planned to double advertising spending for its Ford division in the United States, quashing speculation that had boosted the shares of its ad agency. Ford spokeswoman Susan Krusel said the automak ... Continue reading

Dana Corporation Declares Dividend

Dana Corporation Declares Dividend

TOLEDO, Ohio, Oct. 22, 2002-- Dana Corporation today declared a dividend on its common stock of 1 cent per share, payable on Dec. 13, 2002, to shareholders of record on Nov. 29, 2002. Dana Corporation is a global leader in the design, engineering, and manufacture of value-added products and systems for automotive, comm ... Continue reading

Upscale Cars Tops in Growing Used Car Leasing Business

Upscale Cars Tops in Growing Used Car Leasing Business

CINCINNATI, Oct. 22 -- Automobile Consumer Services, Inc. (ACS), an innovator in online direct-to-consumer auto leasing, today released a list of the top 10 most requested vehicles from its popular auto leasing website LeaseCompare.com for the third quarter of 2002. The Top 10 Most Requested Models Rank New Used 1 Volk ... Continue reading

NASCAR: Rookie Bush Wins At Martinsville

NASCAR: Rookie Bush Wins At Martinsville

<BODY TOPMARGIN=0 LEFTMARGIN=0 MARGINWIDTH="0" MARGINHEIGHT="0" BGCOLOR="#FFFFFF"> <!-- Begin table structure 1 Column table,--> <TABLE WIDTH="538" BORDER="0" CELLSPACING="0" CELLPADDING="0"> <!-- Top Banner --> <TR> <TD BGCOLOR="#333399"><IMG SRC="img/logo_newellrubbermaid.gif"></TD> ; </TR> <!-- Bottom Rule, Banner - ... Continue reading

J.D. Power and Associates Reports: Amica Mutual Ranks Highest in Homeowner Insurance Customer Satisfaction, Followed by Erie Insurance Group and State Farm

J.D. Power and Associates Reports: Amica Mutual Ranks Highest in Homeowner Insurance Customer Satisfaction, Followed by Erie Insurance Group and State Farm

Asset Caption: One Chart Available Asset Caption: Web-ready logo Asset Caption: Downloadable headline & body textAsset Description: Text file containing headline & body text Asset Caption: Press ReleaseAsset Description: Word document Business Editors NOTE TO MEDIA: Multimedia assets available WESTLAKE VILLAGE, Calif.- ... Continue reading

Multimedia Available: Berry Radiateurs Adopts CuproBraze Process and Begins Production

Multimedia Available: Berry Radiateurs Adopts CuproBraze Process and Begins Production

-- Berry Radiateurs, France, supplies cooling systems to many small and midsize original equipment manufacturers (OEMs) for use in a variety of different types of applications -- such as agriculture, trucks, public works and industrial motors -- as well as in the aftermarket. You can reach the story directly by going t ... Continue reading

Obsolescence Management Leader, Total Parts Plus, Enhances Application With Data Sheets

Obsolescence Management Leader, Total Parts Plus, Enhances Application With Data Sheets

FORT WALTON BEACH, Fla.--Oct. 22, 2002--Total Parts Plus, a leading provider of online component obsolescence management, is pleased to announce a new feature enhancement to its current array of online tools. Data sheets are now being incorporated into the Total Parts Plus application. "It is important to understand th ... Continue reading

StockPickReport.com Announces Stock Evaluation Ratings: New Ratings on Applied Materials, Ford Motor Company, Maxim Integrated, Coca-Cola, and Cendant

StockPickReport.com Announces Stock Evaluation Ratings: New Ratings on Applied Materials, Ford Motor Company, Maxim Integrated, Coca-Cola, and Cendant

SHREVEPORT, La.--Oct. 22, 2002-- StockPickReport.Com (IARD#119079 - http://www.stockpickreport.com/?src=bw ) makes these stock evaluations for the short term: Applied Materials - Outperform http://www.stockpickreport.com/?src=amat Ford Motor Company - Outperform http://www.stockpickreport.com/?src=f Maxim Integrated Pr ... Continue reading

Used Car Financing $160 Billion Industry; Ofek Holds Key Position, $20 Million Bond Issue Planned

Used Car Financing $160 Billion Industry; Ofek Holds Key Position, $20 Million Bond Issue Planned

TORONTO--Oct. 22, 2002--In an interview yesterday, Shalom Romm, President, Ofek Capital Corp. (Pink Sheets:OFCC), discussed Ofek's key position in the sub-prime lending and financial markets, and a $20 million bond issue they have planned. Mr. Romm noted: -- Used car financing has grown to $160 billion year industry -- ... Continue reading

DURA Automotive Reports Third-Quarter and Nine-Month 2002 Results

DURA Automotive Reports Third-Quarter and Nine-Month 2002 Results

ROCHESTER HILLS, Mich.--Oct. 22, 2002--DURA Automotive Systems, Inc. , today reported financial results for the third quarter and nine-months ended September 30, 2002. Third quarter results include revenues of $586.8 million and EPS of $0.35 per diluted share before the effects of facility consolidation and other charg ... Continue reading

Advent Resources Forms F&I Training School, Automotive Dealership Institute

Advent Resources Forms F&I Training School, Automotive Dealership Institute

SAN PEDRO, Calif.--Oct. 22, 2002--Advent Resources Inc., the nation's leader in the development of high quality, cutting-edge retail automotive software solutions, has launched the newly formed Automotive Dealership Institute. The new school, which has filed a school license application with the California Bureau for P ... Continue reading

You Could be Preventing a Rescue: Auto Club, CHP Warn About Accidental 911 Calls

You Could be Preventing a Rescue: Auto Club, CHP Warn About Accidental 911 Calls

LOS ANGELES--Oct. 22, 2002--The 911 emergency response system is severely overloaded by people who don't even realize they're dialing 911 and clogging a vitally needed service. The Automobile Club of Southern California and the California Highway Patrol are warning the public that accidental 911 calls from wireless pho ... Continue reading

Littelfuse Reports Third Quarter Results

Littelfuse Reports Third Quarter Results

DES PLAINES, Ill.--Oct. 22, 2002--Littelfuse, Inc. today reported sales and earnings for the third quarter of 2002. Sales for the third quarter of 2002 were $75.0 million, a 12% increase from sales of $66.7 million in the third quarter of 2001. Excluding sales of $2.0 million related to the July 2002 acquisition of Sem ... Continue reading

Superior Industries Wins Significant New and Replacement Aluminum Wheel Supply Contracts From General Motors

Superior Industries Wins Significant New and Replacement Aluminum Wheel Supply Contracts From General Motors

VAN NUYS, Calif.--Oct. 22, 2002--Superior Industries International, Inc. announced today that it has been awarded new and replacement aluminum wheel supply contracts from General Motors for several 2003 model year vehicles. Superior won new orders to supply aluminum wheels for the Hummer H2; painted and chrome wheels f ... Continue reading

PACCAR Announces Strong Sales and Earnings

PACCAR Announces Strong Sales and Earnings

BELLEVUE, Wash.--Oct. 22, 2002--"PACCAR Inc, reported excellent revenues and net income for the third quarter and first nine months of 2002 compared with the same periods a year ago," said Mark C. Pigott, chairman and chief executive officer. Third quarter net sales and financial services revenues were $2.0 billion, 33 ... Continue reading

GMAC Mortgage Plan Aims To Make Housing Accessible To More Americans

GMAC Mortgage Plan Aims To Make Housing Accessible To More Americans

FOR RELEASE: October 22, 2002 HORSHAM, Pennsylvania, - GMAC Mortgage has announced the broad availability of the HomeStretchtm plan, a unique mortgage financing option that speeds the acquisition of a home for qualified consumers. HomeStretchtm removes the greatest obstacle to home ownership - the onerous down payment, ... Continue reading

AMI-C, 1394 Trade Association Set Wide Ranging Cooperative Agreement on New In-Vehicle Specifications

AMI-C, 1394 Trade Association Set Wide Ranging Cooperative Agreement on New In-Vehicle Specifications

DALLAS & BLOOMFIELD HILLS, Mich.--Oct. 22, 2002-- The Automotive Multimedia Interface Collaboration (AMI-C) and the 1394 Trade Association today signed a cooperative agreement designed to coordinate and synchronize the development of new automotive specifications for mobile information and entertainment systems operati ... Continue reading

AAA Texas Says October Most Dangerous Month For Teen Drivers in Texas

AAA Texas Says October Most Dangerous Month For Teen Drivers in Texas

HOUSTON--Oct. 22, 2002--October has been the most dangerous month for teen drivers in Texas for the past 20 years, according to AAA Texas. To help reduce teen traffic deaths, Governor Rick Perry has proclaimed October "Teen Safe Driving Month" in Texas, urging all motorists to support and participate in efforts that he ... Continue reading

Accelerated Technology's OSEK 2.2 Software Certified on Processor Families from ARM, Infineon, Motorola and NEC

Accelerated Technology's OSEK 2.2 Software Certified on Processor Families from ARM, Infineon, Motorola and NEC

DETROIT--Oct. 22, 2002--Accelerated Technology(R), the Embedded Systems Division of Mentor Graphics Corporation , today announced the availability of the Nucleus(TM) OSEK products for popular processors including the ARM 7, Infineon Technologies C167, Motorola MPC860 and NEC V850 architectures. Developers using these p ... Continue reading

ARKONA and DealerPeak to Promote Integrated DMS and CRM Products

ARKONA and DealerPeak to Promote Integrated DMS and CRM Products

SALT LAKE CITY--Oct. 22, 2002--ARKONA Inc. (OTC:ARKN), a growing force in dealer management solutions for the new and used car automobile industry and DealerPeak, a leader in Customer Relationship Management (CRM) for the automotive industry, today announced an agreement whereby the companies' two solutions will be int ... Continue reading

Avery Dennison Reports Third Quarter 2002 Results; Reported Sales Grow 15.3 Percent to Reach Record $1.1 Billion

Avery Dennison Reports Third Quarter 2002 Results; Reported Sales Grow 15.3 Percent to Reach Record $1.1 Billion

PASADENA, Calif.--Oct. 22, 2002-- Company Posts Diluted Earnings Per Share of $0.64, Including a Non-Cash Charge to Earnings; Earnings Per Share Are $0.74 Excluding Impact of the Charge Avery Dennison Corporation today reported third quarter diluted earnings per share of $0.64, including a non-cash charge to earnings, ... Continue reading

CCC Information Services Group Inc. Reports $0.26 EPS From Continuing Operations

CCC Information Services Group Inc. Reports $0.26 EPS From Continuing Operations

CHICAGO--Oct. 22, 2002--CCC Information Services Group Inc. , a leading provider of software and information services to the automotive claims and collision repair industries, today reported net income from continuing operations of $7.0 million, or $0.26 per share, for the third quarter ended September 30, 2002 compare ... Continue reading

Chorus Motors and Beckett Elevator International Limited End License Agreement

Chorus Motors and Beckett Elevator International Limited End License Agreement

GIBRALTAR--Oct. 22, 2002--Chorus Motors plc (CHOMF) announces that a licensing agreement with Beckett Elevator International Limited, announced 26th November 2001, has been terminated by mutual consent. The agreement was terminated after it proved impossible to arrive at mutually satisfactory arrangements for intellect ... Continue reading

Copart Opens in Springfield, Missouri

Copart Opens in Springfield, Missouri

BENICIA, Calif.--Oct. 22, 2002--Copart, Inc. today announced that it has opened its second auction facility in the state of Missouri. With the addition of this 18-acre greenfield facility Copart now has 98 locations in 40 states. "The new Missouri location is in the southeast section of Springfield along Interstate 60, ... Continue reading

MIPS Technologies Licenses 32-Bit Processor Core IP to Micronas for Next-Generation Consumer Electronics Products

MIPS Technologies Licenses 32-Bit Processor Core IP to Micronas for Next-Generation Consumer Electronics Products

MOUNTAIN VIEW, Calif. & FREIBURG, Germany--Oct. 22, 2002-- Future Designs to Transition to MIPS(R) IP Cores for Development of Digital Television Solutions MIPS Technologies, Inc. , a leading provider of industry-standard processor architectures and cores for digital consumer and business applications, announced that M ... Continue reading

MotorVac Announces Additional Packaging For MV3

MotorVac Announces Additional Packaging For MV3

SANTA ANA, Calif.--Oct. 22, 2002--MotorVac Technologies Inc. is now marketing their MV3 CarbonClean Detergent in a new package that contains four 32-ounce bottles. The new "MV3" Detergent (P/N 400-0126) provides shops with greater flexibility and improved profit potential by offering 25% more product per case for the s ... Continue reading

Peppers and Rogers Group Appoints Privacy Expert Dr. Larry Ponemon to Lead Strategy for Growing Privacy Practice

Peppers and Rogers Group Appoints Privacy Expert Dr. Larry Ponemon to Lead Strategy for Growing Privacy Practice

NORWALK, Conn.--Oct. 22, 2002-- Privacy Standards Take Front Seat in Building Stakeholder Value Managing customer information and dodging the land mines associated with privacy preferences, policy development, compliance, and regulatory requirements has become one of the most critical components in an organizations' ab ... Continue reading

Production Testing Recommences On San Antonio Project; Initial Phase of Production Testing Produces 300 Barrels of High Quality 37 Degree API Oil

Production Testing Recommences On San Antonio Project; Initial Phase of Production Testing Produces 300 Barrels of High Quality 37 Degree API Oil

SEATTLE--Oct. 22, 2002--Sonoran Energy, Inc. (OTCBB:SNRN) today announced that production testing has recommenced on the San Antonio Project Anvil Bar 75-26 well. The Company, which has a 7.5% net working interest in the well, was advised by Trio Petroleum, operators of the well, that testing recommenced on October 16, ... Continue reading

Snap-on Third Quarter EPS in Line with Recent Outlook; Strong Cash Flow Continues from Operational Fitness Improvements

Snap-on Third Quarter EPS in Line with Recent Outlook; Strong Cash Flow Continues from Operational Fitness Improvements

KENOSHA, Wis.--Oct. 22, 2002--Snap-on Incorporated , a global leader in tools, diagnostics and equipment, announced third-quarter 2002 results, in line with the outlook provided in early September. -- Net earnings for the third quarter of 2002 were $19.2 million, or $0.33 per share, compared with $0.6 million, or $0.01 ... Continue reading

United PanAm Financial Announces Third Quarter 2002 Results

United PanAm Financial Announces Third Quarter 2002 Results

NEWPORT BEACH, Calif.--Oct. 22, 2002--United PanAm Financial Corp. today announced results for its third quarter ended Sept. 30, 2002. For the quarter ended Sept. 30, 2002, the company reported net income of $3.34 million, equal to $0.19 per diluted share, compared with net income of $2.14 million, or $0.12 per diluted ... Continue reading

Continuing its National Expansion, Flexcar Adds to Senior Management Team; Lance Ayrault to bring depth & experience in building teams and companies to Flexcar

Continuing its National Expansion, Flexcar Adds to Senior Management Team; Lance Ayrault to bring depth & experience in building teams and companies to Flexcar

SEATTLE--Oct. 22, 2002--Flexcar, the nation's largest provider of car-sharing services, today announced that Lance Ayrault has joined the company as senior vice president. He will have responsibility for corporate marketing and business development as well as management of Flexcar's California operating markets, includ ... Continue reading

QDS Introduces Preferred Partners Program; Best-In-Class Partnerships to Fuel New Business Information Solutions for Service Dealers

QDS Introduces Preferred Partners Program; Best-In-Class Partnerships to Fuel New Business Information Solutions for Service Dealers

BOISE, Idaho--Oct. 22, 2002--Quality Design Systems (QDS), the leader in Business Information Solutions (BIS) for the tire and automotive service industries, announced today the launch of its QDS Preferred Partnership Program (P3). Designed to couple QDS' expertise in system integration and end-to-end business manageme ... Continue reading

Roadway Express Named One of Nation's Leading Information Technology Innovators

Roadway Express Named One of Nation's Leading Information Technology Innovators

AKRON, Ohio--Oct. 22, 2002--Roadway Express, Inc. today announced that it was named one of the most innovative users of information technology (IT) by InformationWeek in its fourteenth annual InformationWeek 500 issue recently published. This is the third consecutive year Roadway was named to the list. For fourteen yea ... Continue reading

The FB Johnston Group Selected To Produce Pump Graphics, Secondary Signage For BP Re-imaging Program

The FB Johnston Group Selected To Produce Pump Graphics, Secondary Signage For BP Re-imaging Program

HILLSBOROUGH, N.C.--Oct. 22, 2002--The FB Johnston Group (FBJ) has been selected to produce new pump dispenser graphics as well as other external signage for BP retail outlets throughout the U.S. Terms of the multi-million dollar deal were not disclosed. The project, tied into BP's "Harmony" re-branding campaign, calls ... Continue reading

New Model Variant Of The "Van Of The Year 2002" - Spacious Transporter: Opel Vivaro High-Roof Van

New Model Variant Of The "Van Of The Year 2002" - Spacious Transporter: Opel Vivaro High-Roof Van

FOR RELEASE: October 22, 2002 New Model Variant Of The "Van Of The Year 2002" - Spacious Transporter: Opel Vivaro High-Roof Van Opel Extends Commercial Vehicle Range Rüsselsheim - Adam Opel AG announced at the opening of the new production site in Barcelona, Spain yesterday that the latest Vivaro variant - the high-ro ... Continue reading

SiRF Technology Teams with AMD to Deliver In-Vehicle Navigation, Productivity and Multimedia Entertainment Applications

SiRF Technology Teams with AMD to Deliver In-Vehicle Navigation, Productivity and Multimedia Entertainment Applications

SAN JOSE, Calif.--Oct. 22, 2002--SiRF Technology, Inc. today announced that its SiRFstarIIt GPS chipset has been selected by Advanced Micro Devices (AMD -- NYSE:AMD) for the new AMD Alchemy(TM) Solutions Driver Information Reference Design Kit, a reference platform based on the AMD Alchemy Solutions Au1500(TM) processo ... Continue reading

eNGENUITY Technologies and Pi Technology Join Forces in the Automotive Market

eNGENUITY Technologies and Pi Technology Join Forces in the Automotive Market

DETROIT--Oct. 22, 2002--eNGENUITY Technologies Inc. (TSX:EGY), a leading provider of software tools and components for the efficient development of advanced visual applications and Pi Technology, a leading developer of innovative electronic systems for the automotive market, today announced that both companies have ent ... Continue reading

Clean Air Partners Dual-Fuel Technology Now Available for Diesel Gen-Set Peak Shaving

Clean Air Partners Dual-Fuel Technology Now Available for Diesel Gen-Set Peak Shaving

SAN DIEGO--Oct. 22, 2002-- Successful Truck Program Makes the Transition to Stationary Applications; Enables Increased Utilization of Standby Generators Based on the success of their patented Dual-Fuel(TM) Technology for trucking applications, Clean Air Partners (CAP) now offers the same benefits for diesel generators. ... Continue reading

U.S. Army Signs Cooperative Research and Development Agreement With Permo-Drive Technologies to evaluate hybrid-hydraulic driveline systems.

U.S. Army Signs Cooperative Research and Development Agreement With Permo-Drive Technologies to evaluate hybrid-hydraulic driveline systems.

WASHINGTON--Oct. 22, 2002--Permo-Drive Technologies Ltd. has signed a cooperative research and development agreement with the U. S. Army's National Automotive Center to evaluate hybrid-hydraulic driveline systems for military and commercial applications, according to Max Bosotti, Permo-Drive's chief executive officer. ... Continue reading

Car Industry Sees In-Car Use as Definitive Application For Bluetooth

Car Industry Sees In-Car Use as Definitive Application For Bluetooth

BOSTON--Oct. 22, 2002--Legislation prohibiting the use of handheld mobile phones in cars is spurring car manufacturers to fast-track the implementation of Bluetooth into the dashboards of many 2003 models. Several car manufacturers, such as Saab, Ford, Volvo and Daimler Chrysler, have announced plans to integrate Bluet ... Continue reading

BMW ANNOUNCES THE WINNER OF THE FIRST Z4 ROADSTER

BMW ANNOUNCES THE WINNER OF THE FIRST Z4 ROADSTER

WOODCLIFF LAKE, NJ, OCTOBER 22, 2002...A loyal BMW owner today got the thrill of a lifetime when he became the first person in the world to own the hottest new addition to the BMW line - the Z4 roadster. The winner, Joe Marchese, was selected randomly from over 100,000 entries from BMW owners in a brand-loyalty giveawa ... Continue reading

First Customer Satisfaction Study on German Automotive Market - Guess Who Wins?

First Customer Satisfaction Study on German Automotive Market - Guess Who Wins?

October 22, 2002 Frankfurt-Toyota Motor Corporation vehicle models, which include Lexus, top the rankings in six out of seven segment award categories, according to the J.D. Power and Associates 2002 Germany Customer Satisfaction Index (CSI) StudySM released today. The study is the first industry-wide automotive study ... Continue reading

Advanced Mechatronic Solution at Convergence 2002

Advanced Mechatronic Solution at Convergence 2002

TROY, Mich., Oct. 22 -- Delphi will feature its Column Integrated Module (CIM) at Convergence 2002 in Detroit, Mich. The CIM integrates all of the "top of column" electro-mechanical and electronic features into one functional module. With the addition of the CIM to its product portfolio, Delphi now has the capability t ... Continue reading

Delphi Enhances Innovative Back-up Aid Technology

Delphi Enhances Innovative Back-up Aid Technology

TROY, Mich., Oct. 22 -- Delphi Corporation has enhanced its Forewarn® Back-up Aid (BUA) to give the system more design flexibility as well as a more compact and inconspicuous package. The all- radar BUA system, which will be available for 2005 model year vehicles, can be completely hidden in the bumper and will integr ... Continue reading

General Motors says October sales on pace to surpass last month's

General Motors says October sales on pace to surpass last month's

DETROIT -- October 22, 2002 Bloomberg News is reporting that General Motors Corp. said October sales are on pace to surpass last month's because an expanded no-interest loan program is luring more customers to the world's largest automaker. More buyers visited the automaker's dealerships after General Motors expanded i ... Continue reading

China's Low-Cost Labor To Shake Up International Auto Parts Indusutry

China's Low-Cost Labor To Shake Up International Auto Parts Indusutry

Tuesday 6:01 am ET SHANGHAI -October 22, 2002 Dow Jones reports that China's low-cost labor is resulting in lower automobile components prices globally, and will inevitably lead to a shakeup of the world's components manufacturing industry, said the head of one of China's biggest components makers. Speaking at an inter ... Continue reading

Brilliance ChinaJan-Sept sales flat

Brilliance ChinaJan-Sept sales flat

HONG KONG, Oct 22 Reuters is reporting that Brilliance China Automotive Holdings Ltd, China's top minibus maker, sold 48,000 minivans in the first three quarters of 2002, little changed from the year-ago period, UBS Warburg said on Tuesday. But that compared to an eight percent decline of unit sales in the first six mo ... Continue reading

Chorus Motors and Beckett Elevator International Limited End License Agreement

Chorus Motors and Beckett Elevator International Limited End License Agreement

GIBRALTAR--Oct. 22, 2002--Chorus Motors plc (CHOMF) announces that a licensing agreement with Beckett Elevator International Limited, announced 26th November 2001, has been terminated by mutual consent. The agreement was terminated after it proved impossible to arrive at mutually satisfactory arrangements for intellect ... Continue reading

Toyota Motor Corporation Selects Nuance to Speech-Enable Japanese Telematics Service Offering

Toyota Motor Corporation Selects Nuance to Speech-Enable Japanese Telematics Service Offering

MENLO PARK, Calif. & TOKYO--Oct. 22, 2002--Japanese drivers will soon be able to access a wide variety of information and services via Toyota's new telematics solution, G-Book. Powered by speech recognition software from Nuance , the speech software experts, G-Book provides hands-free access to data, music, and other i ... Continue reading

AMD Announces the New AMD Alchemy Solutions Driver Information Reference Design Kit

AMD Announces the New AMD Alchemy Solutions Driver Information Reference Design Kit

AUSTIN, Texas--Oct. 22, 2002-- Development Delivers the Next Generation of Media-Rich Content and Applications for Automotive Navigation/Entertainment Systems AMD today announced the AMD Alchemy(TM) Solutions Driver Information Reference Design Kit (RDK), based on the AMD Alchemy Solutions Au1500(TM) processor and AMD' ... Continue reading

Daimler denies report on Mercedes plans

Daimler denies report on Mercedes plans

STUTTGART, Germany, Oct 22, 2002 Reuters reported that DaimlerChrysler AG denied a German magazine report on Tuesday that said the German-U.S. car giant's luxury Mercedes-Benz subsidiary planned to nearly double its unit sales over 10 years. Germany's Manager magazine said it had seen company planning that said the Mer ... Continue reading

Hot Wheels Racing Renews Exclusive Licensing Contract with Leading NASCAR Rookie Ryan Newman

Hot Wheels Racing Renews Exclusive Licensing Contract with Leading NASCAR Rookie Ryan Newman

EL SEGUNDO, Calif.October 22, 2002--Oct. 22, 2002--Mattel, Inc. has renewed an exclusive licensing deal with NASCAR's red-hot rookie driver Ryan Newman to continue creating Hot Wheels® die-cast merchandise. Mattel has extended Newman's multi-year contract for exclusive mass retail channel distribution of all die-cast ... Continue reading

U.S. Oct. auto sales likely to be lower as incentives fall, J.D. Power says

U.S. Oct. auto sales likely to be lower as incentives fall, J.D. Power says

WESTLAKE VILLAGE, Calif. October 21, 2002 Bloomberg News reported that this month's U.S. sales of cars and light trucks may fall 25 percent from the year-earlier record level because consumers are waiting for better cash and loan discounts, J.D. Powers & Associates said. The sales may drop to 1.3 million vehicles from ... Continue reading

GM focus of legislation that could mean military contract

GM focus of legislation that could mean military contract

October 21, 2002 The AP reported that Michigan lawmakers are pushing for legislation that could help General Motors Corp. win a $4.25-billion Turkish military contract and create hundreds of new jobs in Flint. If GM snags the contract, the world's largest automaker would supply Turkey with 40,000 trucks, the Detroit Ne ... Continue reading

Mitsubishi Wins Y70 Billion Order from GM

Mitsubishi Wins Y70 Billion Order from GM

TOKYO, Oct 22, 2002, Reuters reported that Japan's Mitsubishi Heavy Industries Ltd said on Tuesday it had won an order from General Motors Corp worth around 70 billion yen ($560 million) for car air-conditioning and engine-cooling systems. Japan's largest heavy machinery maker said in a statement that the order was for ... Continue reading

Coachmen Industries, Inc. Reports Strong Gain in Third Quarter Earnings

Coachmen Industries, Inc. Reports Strong Gain in Third Quarter Earnings

ELKHART, Ind., Oct. 21, 2002; Coachmen Industries, Inc. announced significantly higher earnings for the third quarter of 2002, compared with a year ago and reaffirmed its outlook for a solid return to profitability for the full year 2002.Coachmen reported earnings of $4.3 million, or $0.27 per share for the quarter, co ... Continue reading

Fill 'er Up... With Water is New York Ready for Hydrogen-Fueled Cars?

Fill 'er Up... With Water is New York Ready for Hydrogen-Fueled Cars?

-- Hydrogen Energy Leaders from Iceland Discuss Promise of Hydrogen Thurs., Oct. 24, 3:15 p.m., Scandinavia House, 58 Park Ave., New York For a small country located in the middle of the North Atlantic, Iceland has made huge progress toward creating the world's first "Hydrogen Society" -- a country entirely free from t ... Continue reading

Reko International Group Inc. Announces G.M. Supplier Of The Year Award

Reko International Group Inc. Announces G.M. Supplier Of The Year Award

WINDSOR, Ontario--Oct. 21, 2002--Reko International Group Inc. ("Reko") (TSX:REK.) is pleased to announce that its Proto-Techniques division has been awarded the prestigious G.M. Supplier of the Year award for 2001. Reko was one of five companies selected out of G.M.'s supply base in prototyping and Body-in-White for t ... Continue reading

AutoNation-Owned Dealership Ordered to Pay $130,000 to Former Employee

AutoNation-Owned Dealership Ordered to Pay $130,000 to Former Employee

IRVINE, Calif.--Oct. 21, 2002-- Arbitrator Says Huntington Beach Ford and Its Attorney Acted `With Malice' After Whistle-Blowing Salesman Reports Finance Scheme to Cheat Customers AutoNation, Inc. and its Huntington Beach Ford dealership have been ordered by an arbitrator to pay penalties of $130,000, including $50,000 ... Continue reading

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