GM Modifies But Continues Zero Zero Zero - What A Deal!
FOR RELEASE: November 1, 2002 DETROIT - General Motors Corp. today announced modifications to its retail marketing program on 2002 and 2003 model year vehicles. Effective November 1 and continuing through January 2, 2003, GM is offering "Zero, Zero, Zero" -- no monthly payments for 90 days, no down payment and 0.0% APR ... Continue reading
Ford offers 6-year loans on new vehicles as sales slide
DEARBORN, Mich. November 1, 2002 Bloomberg News is reporting that Ford Motor Co. extended its longest new-vehicle loans by 12 months to six years, effectively cutting consumers' monthly payments in an attempt to revive slumping car and truck sales. The automaker started offering six-year loans on all of its Ford-brand ... Continue reading
Audi Canada Records Best October Since 1986
AJAX, ON, Nov. 1, 2002; To date, Audi Canada has retailed 5,936 units, an increase of 1,175 vehicles or 24.7% over the 4,761 cars sold in the same period last year, to give Audi Canada its best October since 1986. Audi's sales of 693 units for October were up 22.4% or 127 units over the October 2001 mark of 566 vehicle ... Continue reading
Volkswagen Canada Records Best October Ever
AJAX, ON, Nov. 1, 2002; Volkswagen Canada sales of 4,031 for October were up 13.8% or 488 units over the October 2001 mark of 3,543 vehicles, which gave Volkswagen Canada its best October ever. Sales of the Volkswagen Golf and GTI for the month of October reached 1,089 units, an increase of 33.6% over the 815 units sol ... Continue reading
Mercedes-Benz USA Records All-Time Best October
MONTVALE, N.J., Nov. 1 -- Mercedes-Benz USA (MBUSA) reported its all-time best October on record with sales of 18,871 new vehicles, breaking the record of 18,443 set in October 2001. Year-to-date sales also hit an all-time record with 172,563 units sold, up 2.4 percent over last year (168,548) which was the highest yea ... Continue reading
Porsche Cars North America Reports October U.S. Sales
ATLANTA, Nov. 1, 2002 -- Porsche Cars North America, Inc., (PCNA), importer and distributor of Porsche sports cars in the United States, today announced U.S. retail sales for October totaled 1446 cars, a 6 percent decrease over the same period last year."The decline in consumer confidence is affecting consumer spending ... Continue reading
WOODCLIFF LAKE, N.J., Nov. 1, 2002 -- The BMW Group (BMW and MINI brands combined) recorded robust sales increases for the first ten months of 2002, reporting 206,791 vehicles, a 17 percent increase over the 176,606 reported in the same period a year ago. The BMW Group also reported October sales of 19,634 vehicles, up ... Continue reading
Best Sales Month Ever For Nissan Canada's Luxury Division, Infiniti
MISSISSAUGA, ON, Nov. 1, 2002; Nissan Canada Inc.'s luxury division, Infiniti, reported record sales this month, making October 2002 the best month ever. Infiniti maintained its record sales trend for the eighth consecutive month with 770 units sold in October 2002, a 98% increase over October 2001. Contributing to thi ... Continue reading
Fleetwood Announces Management Succession at Coleman Folding Trailer Division
RIVERSIDE, Calif., Nov. 1, 2001 ;Fleetwood Enterprises, Inc., the nation's largest manufacturer of recreational vehicles and a leading producer and retailer of manufactured housing, announced today that Pat Scanlon, vice president -- folding trailers, will be retiring as of December 31, 2002. Larry Marsh has been appoi ... Continue reading
Kettering University to Host University Synergy Program 2003
FLINT, Mich., Nov. 1, 2002; High-tech options for the supply chain and mobile technology industries will be the focus of an international conference coming to Michigan in September 2003. Kettering University, Flint, Mich., has been selected to host the 2003 University Synergy Program (USP) International Conference, onl ... Continue reading
Advance Auto says Sears to sell stake in company
ROANOKE, Va., Nov 1, 2002 Reuters reports that Advance Auto Parts Inc., which operates auto parts stores, said on Friday department store retailer Sears, Roebuck & Co. would sell its 8.42 million shares of the company in a public offering. In addition to the Sears offering, Advance Auto Parts' Chief Executive Lawrence ... Continue reading
Toyota Reports October Sales-They Stink
TORRANCE, Calif., Nov. 1 -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported monthly sales of 135,307 vehicles, a decrease of 20.6 percent compared to last year's record-shattering October. Calendar- year-to-date (CYTD) sales total 1,478,377, an increase of 1.3 percent compared to the same period last year."The l ... Continue reading
Volvo Cars of North America Sales Report for October
IRVINE, Calif., Nov. 1, 2002; Volvo Cars of North America, LLC reports 9,176 unit sales for the United States and Canada during October. Compared to the same period last year, sales were down 17.5 percent due in part to reduced supply in XC70 Cross Country inventory.The U.S. accounted for 8,470 unit sales, representing ... Continue reading
Auto Sales Fall Sharply in October
DETROIT -November 1, 2002; Tom Brown writing for Reuters reported that U.S. auto sales fell sharply for a second consecutive month in October as automakers faced a tough comparison with a record month last year and diminishing returns from incentives. Among automakers reporting their monthly results on Friday, Ford Mot ... Continue reading
Ward's Reports Estimated North American Vehicle Production
SOUTHFIELD, Mich., Nov. 1 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 346,951 units, down from the 351,431 cars and trucks built last week, according to Ward's Automotive Reports.Including this week's estimates, calendar year North American output now totals 14,380,162 ... Continue reading
Ford Motor Company Reports October U.S. Sales - They Stink
DEARBORN, Mich., Nov. 1, 2002; U.S. customers purchased or leased 287,975 cars and trucks from Ford, Mercury, Lincoln, Jaguar, Volvo, and Land Rover dealers in October, down 31 percent compared with last October's record sales. A year ago, Ford Motor Company broke a 24-year old sales record when sales climbed 34 percen ... Continue reading
Mazda Announces October Sales- They Stink
IRVINE, Calif., Nov. ... Continue reading
Chrysler Group Reports U.S. October Sales - They Stink!
AUBURN HILLS, Mich., Nov. 1, 2002; Chrysler Group reported U.S. sales of 150,254 units in October 2002, a 31 percent decline compared to October 2001, when 209,478 vehicles were sold.All percentages were calculated on a day-rate basis, with 27 selling days in October 2002, versus 26 days in October 2001."Last month's y ... Continue reading
AUBURN HILLS, Mich., Nov. 1 -- Audi of America, Inc. reported sales of 6,648 for the month of October, an eight percent increase over October 2001's sales of 6,154. For the year, the Germany luxury carmaker reported sales of 70,306, versus 2001's total of 69,812. ... Continue reading
Mitsubishi Reports October Sales
CYPRESS, Calif., Nov. 1 -- Mitsubishi Motor Sales of America, Inc. (MMSA) today reported October 2002 sales of 23,414 units, marking a 15.6 percent decline from record October sales in 2001. Year to date, sales are 10.5 percent ahead of last year's record pace. "In spite of the overall softening of the market, our sale ... Continue reading
Subaru of America, Inc. Announces Sales Results for October
CHERRY HILL, N.J., Nov. 1, 2002; -- Subaru of America, Inc. (SOA), a pioneer of crossover all-wheel drive vehicles designed for the active lifestyle, announced today October sales of 16,978 units. The total represents a decrease of 3 percent from October 2001 sales. The Legacy model line achieved a sales total of 7,983 ... Continue reading
Russell Recommended for ISO 9001 and QS-9000 Quality Registration
TORRANCE, Calif.--Nov. 1, 2002--Russell Performance Products, a division of Edelbrock Corporation , has been recommended for incorporation and scope expansion within Edelbrock Corporation's current ISO 9001 and QS-9000 quality registration by Underwriters Laboratories Inc. assessment team, its current international qua ... Continue reading
GM to export China-made engines to Canada by 2003
SHANGHAI, November 1, 2002; Reuters reported that General Motors said on Friday its Chinese joint venture will start exporting advanced engines to Canada by late 2003 as the world's largest automaker gears up to launch a compact sport utility vehicle globally. GM's venture with the Shanghai Automotive Industry Corp (SA ... Continue reading
New Models Help Japan October Auto Sales Rise
TOKYO, Nov 1, 2002; Chang-Ran Kim writing for Reuters reported that a raft of new models perked up Japanese vehicle demand in October compared with last year, when sales were also hit by battered consumer sentiment after the U.S. hijack attacks and economic worries at home. After a surprising year-on-year rise in Septe ... Continue reading
Edelbrock Reports Strong Gain in Earnings for First Quarter of Fiscal 2003
TORRANCE, Calif.--Nov. 1, 2002--Edelbrock Corporation today reported a double-digit percentage improvement in earnings for the first quarter of its 2003 fiscal year ended September 25, 2002. For the first quarter of fiscal 2003, revenues increased to $25.9 million from revenues of $25.4 million in the same period of fi ... Continue reading
COLORADO SPRINGS, Colo.Nov. 1, 2002; If you have ever questioned the safety of transporting your baby (weighing between 5 and 22 pounds) in your Car, Van or Pick-up, check out the new Pioneered(TM) Airbag Compatible (rear-facing) Infant Safety Seat. The Pioneered(TM) Infant Seat is immediately available at The Right St ... Continue reading
HOUSTON--Nov. 1, 2002--For the first time in five weeks, the statewide average price for regular self-serve fuel declined, 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 Texas average is $1.41 a gall ... Continue reading
LA Auto Club: Gas Prices May be Leveling Off
LOS ANGELES--Nov. 1, 2002--Last week the L.A. metro area posted its eighth straight week of average gasoline price declines, according to the Weekend Gas Watch, compiled by the Automobile Club of Southern California. However, the downward movement was so tiny that it might signal a leveling out of pump prices. The Week ... Continue reading
Bike and Scooter Company Bids for Ford Electric Car Unit
By SAN FRANCISCO October 31, 2002; Andrew Quinn wrting for Reuters reports that Zap, a California maker of electric bikes and scooters, said on Thursday it had made a $10 million offer to buy Ford Motor Co.'s Think electric vehicle division, which the auto giant scrapped this year due to poor demand. "Zap's prime busin ... Continue reading
Kia Sales Keep Pace to Meet Yearly Goal
IRVINE, Calif., Nov. 1 -- Kia continued its pace to meet the company's goal of a 10 percent yearly sales increase despite slower sales during the month of October. The company sold 17,960 vehicles in October, increasing Kia's year-to-date sales to 203,976, a seven percent overall increase from the same period last year ... Continue reading
American Honda Announces October Sales
TORRANCE, Calif., Nov. 1 -- Total Honda division sales hit a new record high in October while record sales of both Honda and Acura light truck models helped to soften the blow of slowing demand for new vehicles felt throughout the industry last month.American Honda posted record light truck sales of 35,964 units in Oct ... Continue reading
Volkswagen Reports October Sales
AUBURN HILLS, Mich., Nov. 1, 2002; Volkswagen of America, Inc. today reported October sales of 25,135, representing a 16 percent decrease over last year's sales of 30,032. Total year-to-date sales figures stand at 289,558 versus 2001's total of 298,820. Volkswagen remains the nation's top-selling European brand. ... Continue reading
Hyundai Reports Sales for October
FOUNTAIN VALLEY, Calif., Nov. 1 -- Hyundai Motor America today announced October sales of 26,297 units. "That number is slightly below last month's sales, but year-to-date Hyundai sales are up 10 percent and we are on target for yet another all time record sales year," said Hyundai's Vice President of Sales Robert Cosm ... Continue reading
Acura Announces October Sales Figures
TORRANCE, Calif., Nov. 1, 2002; October sales of Acura vehicles totaled 12,104, up 108 units over last month, but falling short of 2001's record breaking October numbers, Acura announced today.Demand for the MDX luxury SUV remained strong with record sales of 4,486 up 24.8 percent compared to 2001. Year-to-date MDX sal ... Continue reading
Suzuki Announces Sales Down 12-Percent From October 2001
BREA, Calif., Nov. 1 -- American Suzuki Motor Corporation (ASMC), sold 5,723 vehicles in October posting a 12-percent decrease in overall sales compared to October 2001. The XL-7 posted 2,086 sales. The Grand Vitara notched 770 sales for the month and the Vitara posted 731 sales. Aerio sedan and SX sales notched 2,070 ... Continue reading
GM Sales Up 7 Percent from September
FOR RELEASE: November 1, 2002 GM Sales Up 7 Percent from September, and Retail Sales Up 15 Percent from SeptemberTrucks Maintain Industry-Record Pace; October Car Sales Decrease 40 PercentGM Announces October Production Results; Q4 Forecast IncreasedDETROIT- General Motors Corp. dealers sold 391,070 new cars and trucks ... Continue reading
Pistons Name Chevrolet As Exclusive Automotive Sponsor
FOR RELEASE: October 29, 2002 Pistons Name Chevrolet As Exclusive Automotive Sponsor DETROIT, MI - The Detroit Pistons today announced a multi-year deal with the newest member of its starting line-up - The Detroit-Area Chevrolet Dealers. As the Official Vehicle of the Pistons, Chevrolet will be visible to fans through ... Continue reading
MONTREAL--Nov. 1, 2002--ICP Global Technologies, the world's leading manufacturer of solar solutions, introduces the most versatile battery charger available - the iSun BattPak(TM). The iSun BattPak can charge up to 10 AA and AAA batteries in your home (through an AC wall adapter), in your car (through a DC CLA adapter ... Continue reading
#10 Kanaan CART Fontana Friday Practice
Contact: Laz Denes, 256-657-6190 ldenes@monunnracing.com www.monunnracing.com media information The 500 at California Speedway Friday Practice Notes/Quotes FONTANA, Calif. (Friday, Nov. 1, 2002) -- Tony Kanaan and the #10 Pioneer-WorldCom/Mo Nunn Racing Honda-Lola clocked the third-fastest practice lap of the day today ... Continue reading
SCCA Performance Rally Dept Relocation News
For Immediate Release 1 November 2002 SCCA Performance Rally Department Topeka Relocation Information Bulletin #: PRCB 110102 To: All Competitors From: Kurt Spitzner - SCCA Performance Rally Department Director cc: SCCA Performance Rally Board SCCA ProRally Manufacturers Council SCCA Media Subject: SCCA National Office ... Continue reading
Kia Motors Oct Sales 101,603 Units; +12.7% On Year
SEOUL, November 1, 2002; Dow Jones reported that South Korea's Kia Motors said Friday October car sales rose 12.7% from a year earlier to 101,603 units. Korea's second largest car maker said that domestic vehicle sales rose by 11.8% on year to 38,079 units, while exports were up 13.2% at 63,524 units. Kia Motor officia ... Continue reading
Eagle One Pulls Plug On NHRA Team Sponsorships
Lexington, KY November 1, 2002; Eagle One has chosen not to renew the contract with NHRA Pro Stock class driver/owner Ron Krisher. The move comes as Eagle One has begun to pursue more of a product-specific marketing strategy that emphasizes other elements of the marketing mix besides sponsorship. We've enjoyed our rela ... Continue reading
Rally Australia: Mitsubishi SS1 summary
The 2002 Rally Australia got underway this evening in the centre of Perth, the traditional super special stage at Langley Park hosting what is now legendary competition in the heart of the city. The purpose-built dual-lane circuit, created and dismantled especially for the rally on parkland by the banks of the Swan Riv ... Continue reading
Hyundai Motorsports Signs Partnership for Daytona Finale
Montréal, Québec October 31, 2002; Key Motorsport/Hyundai Motorsports and KC HiLiTES, are proud to announce their partnership for the upcoming Grand American race, featuring the Rolex Sports Car Series and Grand-Am Cup Street Stock Series on Florida's famous Daytona Speedway, November 8-10. KC HiLites Sales Coordinat ... Continue reading
Hank Parker Jr Rockingham Preview
October 31, 2002 EVENT INFORMATION - Event: NASCAR Busch Series Sam's Club 200; Time and Date: 1 p.m. EDT, Saturday, Nov. 2; Site: North Carolina Motor Speedway, Rockingham, N.C..; Live Coverage: TNT (Turner Network Television) and PRN (Performance Racing Network) at 1 p.m. EDT; Qualifying: 1:30 p.m. EDT, Friday, Nov. ... Continue reading
Clear Channel /THQ To Sponsor Supercross
CALABASAS HILLS, Calif. and AURORA, Ill., October 31, 2002 - Leading videogame publisher THQâ Inc. and Clear Channel Entertainment's Motor Sports division announced today that - beginning with the 2002-2003 race season - THQ has entered into a three-season agreement to be the new title sponsor of THQ World Supercross ... Continue reading
A.J. Foyt IV Passes IRL Rookie Speed Test
INDIANAPOLIS, Thursday, Oct. 31, 2002 -- A.J. Foyt IV, the 2002 Indy Racing Infiniti Pro Series champion, passed the speed phase of his Indy Racing League rookie test Oct. 31 at Texas Motor Speedway. Foyt, 18, clinched the inaugural Infiniti Pro Series championship by winning the season-ending BG Products 100 on Sept. ... Continue reading
AutoPacific Sees U.S. Carmakers Under Unrelenting Pressure
TUSTIN, Calif., October 31, 2002; The United States' domestic vehicle producers; General Motors Corporation, Ford Motor Company and Chrysler Group continue to lose buyers to import-branded vehicles according to a new study by auto industry researcher AutoPacific. About 88% of the sales of the traditional three American ... Continue reading
Yahoo! Autos Provides Classified Listings Packages to Reynolds and Reynolds Retailers
DAYTON, Ohio, and SUNNYVALE, Calif., Oct. 31, 2002; The Reynolds and Reynolds Company and Yahoo! Inc. today announced that they have teamed up to enable Reynolds' retail customers -- including retailers using Reynolds Automark Web Services -- to list their used vehicles more prominently on Yahoo! Autos ( http://autos.y ... Continue reading
Convergence 2002 Draws More Than 8,000 to Cobo
AUBURN HILLS, Mich., Oct. 31 -- Convergence 2002, the world's premier automotive electronics conference, drew 8,363 participants to the three-day conference at Detroit's Cobo Center. Held October 21-23, and hosted by DaimlerChrysler, Convergence 2002 also boasted a record 190 state-of-the-art exhibits. In addition, 185 ... Continue reading
Schefenacker Exhibits Aftermarket Telescopic Trailer Tow Mirror at SEMA
MARYSVILLE, Mich., Oct. 31 -- A new Telescopic Trailer Tow Mirror that can slide outward for improved rear vision while towing will be exhibited by Schefenacker, the world's largest exterior mirror manufacturer, at the 2002 SEMA Show, Booth #10416 at the Las Vegas Convention Center, Las Vegas, November 5 - 8. Custom To ... Continue reading
Precision Auto Care Announces Conversion of Debt to Equity
LEESBURG, Va., Oct. 31, 2002; Precision Auto Care, Inc. announced that the Company had reached an agreement with its two senior debt holders. Pursuant to the agreement, reached yesterday, the two creditors will exchange the outstanding debt held by them, which totals approximately $18 million, for 2,500,000 shares of c ... Continue reading
Neff Corp. Announces 2002 Third Quarter Operating Results
MIAMI--Oct. 31, 2002--Neff Corp. (OTC:NFFCA) (the "Company"), announced today its revenues and results from operations for the third quarter ended September 30, 2002. The Company reported a net loss of $(3.5) million or $(0.17) per diluted share for the third quarter of 2002 compared with a net loss of $(2.4) million o ... Continue reading
Apogee Enterprises Elects New Board Member
MINNEAPOLIS--Oct. 31, 2002--Apogee Enterprises, Inc. , which develops and delivers value-added glass products and services for the architectural, automotive and large-scale optical industries, today announced that it has elected Robert L. Edwards, 47, to its Board of Directors. Edwards is senior vice president, chief f ... Continue reading
Mitsubishi Sells Its Hyundai Motor Stake To Hyundai Mobis
TOKYO, November 1, 2002; Dow Jones reported that Mitsubishi Motors Corp. said Friday it will sell its 1.71% stake, or about 3.75 million shares, in Hyundai Motor Co. of South Korea to Hyundai Mobis Co. for about Y14 billion. The sale comes as part of an agreement between the three, under which they will work on joint p ... Continue reading
Paper Says Toyota To Build Plant in Texas
TOKYO, Nov 1, 2002; Reuters is reporting that Toyota Motor Corp plans to build a new truck and sports utility vehicle plant in San Antonio, Texas as it looks to boost its growing U.S. market share, the Nikkan Kogyo Shimbun said on Friday. The industry paper said the plant, which would be Toyota's sixth in North America ... Continue reading
Chevrolet Introduces 2003 Monte Carlo Jeff Gordon Signature Edition
Detroit, October 2002; - Soon, NASCAR and Jeff Gordon fans will be able to cruise Main Street in a Chevrolet Monte Carlo similar to that driven by the Winston Cup Series' four-time champion. The limited production vehicle is a 2003 Monte Carlo SS Jeff Gordon Signature Edition, based on a well-equipped Monte Carlo SS wi ... Continue reading
Da Matta remains CART's man to beat
FONTANA,California, October 31, 2002; AP reports that the focus has been on Cristiano da Matta all season, and there's no reason for that to change now. Da Matta, who has already clinched the 2002 CART championship, needs victories in Sunday's 500 presented by Toyota at California Speedway and in the season-ending even ... Continue reading
Korea Renault Samsung Motors October Sales Up 80%
SEOUL, November 1, 2002; Dow Jones reported that South Korea's Renault Samsung Motors Corp. said Friday its sales jumped 80% on year to a record monthly high of 12,456 cars in October, helped by the introduction of a new model, SM3. Renault Samsung sold 8,256 units of mid-sized sedan SM5 in October, of which 11 units w ... Continue reading
GM Daewoo October Car Sales Down 33% On Year
SEOUL, November 1, 2002 Dow Jones reported that GM Daewoo Automotive & Technology Co., a joint venture between U.S.-based General Motors Corp. and creditors of bankrupt Daewoo Motor Co. of South Korea, said Friday the company's overall automobile sales fell 33% on year in October to 21,998 units. Sales from January to ... Continue reading
"U.S.Auto Industry Key To Economic Recovery" - Commerce Secretary Don Evans
DETROIT, Oct 31, 2002; Tom Brown writing for Reuters reported that United States' Commerce Secretary Don Evans cast the U.S. auto industry in a heroic light on Thursday, saying it had been a driving force behind the economic recovery since the attacks on America last year. "Obviously I want to thank the auto industry f ... Continue reading
Britax Launches New Child Safety Seat Technology On Expressway ISOFIX Model
CHARLOTTE, N.C., Oct. 31 -- Global leadership in child restraints is nothing new at Britax. With Britax Childcare Division companies in the USA, UK, France, Sweden, Finland, Germany, Australia, New Zealand, and Hong Kong, nearly one of every five child restraints sold in the world is a Britax. When the US Department of ... Continue reading
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