Ward's: North American Vehivle Production At 323,589 This Week
SOUTHFIELD, Mich., Nov. 15 - Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 323,589 units, down from the 331,830 cars and trucks built last week, according to Ward's Automotive Reports.Including this week's estimates, calendar year North American output now totals 15,040,124 ... Continue reading
Automotive Driver Assistance Systems Market in Europe - Latest Findings by Frost & Sullivan
Moving Into Top Gear: Driver Assistance Systems Propel Driving Experience To A New Level European vehicle owners can now look forward to a new phenomenon - stress-free driving. Central to exciting developments in intelligent transportation systems has been the rising assimilation of Driver Assistance Systems (DAS) into ... Continue reading
Oilgear Reports Third Quarter Results
MILWAUKEE--Nov. 15, 2002--The Oilgear Company today reported sales and earnings for the third quarter ended September 30, 2002. For the third quarter of 2002, Oilgear reported net sales of $18,091,000, compared to sales of $20,188,000 for the same period in 2001. The company reported a net loss of $1,279,000 or $0.66 p ... Continue reading
GM, Isuzu, China automaker sign heavy-truck pact
SHANGHAI, Nov 15, 2002; Reuters reported that General Motors has signed a pact with its main Chinese partner and Japan's Isuzu Motors Ltd <7202.T> to explore the heavy truck business in an expanding mainland market, the U.S. and Chinese auto makers said on Friday. GM played down Japanese newspaper reports the trio, inc ... Continue reading
CSK Auto Corporation Announces the Sale By the Carmel Group Of All of Their Remaining Shares
PHOENIX, Nov. 15, 2002; CSK Auto Corporation announced today that entities affiliated with the Carmel Group have entered into an agreement to sell the approximately 3.0 million shares of CSK Auto Corporation common stock that they hold in an underwritten offering through Merrill Lynch & Co. The offering is expected to ... Continue reading
AAA TEXAS: Weekend Gas Watch; Fuel Prices Decrease Third Consecutive Week
HOUSTON--Nov. 15, 2002--The statewide average price for regular self-serve fuel declined for a third week in a row as crude oil supplies from the Mideast have increased, according to the Weekend Gas Watch, compiled by AAA Texas. The Weekend Gas Watch monitors the average price of gasoline at popular destinations for mo ... Continue reading
Ducati Motor Holding Announces Results for First Nine Months of 2002
BOLOGNA, Italy, Nov. 15 Ducati Motor Holding S.p.A. a leading manufacturer of high performance motorcycles, today announced results for the nine month period ended September 30, 2002As previously reported, the Company announced consolidated revenues for the first nine months of 2002, of Euro 298.9 million, up 5.5% from ... Continue reading
LA Auto Club: Gas Prices Begin to Level Off
LOS ANGELES--Nov. 15, 2002--Gasoline prices throughout the southwest started to level off last week, possibly indicating that pump prices could remain close to their current levels through the Thanksgiving holiday period, according to the Weekend Gas Watch, compiled by the Automobile Club of Southern California. The We ... Continue reading
China approves Honda's car export venture
SHANGHAI, Nov 15, 2002 Reuters reported that China has approved a plan by Japan's Honda Motor Co to set up the first Sino-foreign joint venture to make cars solely for export, executives at one of the Chinese partners said on Friday. Japan's second largest automaker would own more than 50 percent of the venture, markin ... Continue reading
Mitsubishi Will Replace HD Truck Wheel Hubs
JapanCorp: <http://www.japancorp.net/?page_num=1> Mitsubishi Motors Takes Extra Safety Measures to Prevent Truck Wheel Mishaps Tokyo, Japan, Nov. 15, 2002 - (JCN Newswire) - Mitsubishi Motors Corporation (MMC) today announced plans to replace free of charge all heavy-duty vehicle wheel hubs that were not replaced durin ... Continue reading
Toyota plans to sell its cheapest passenger car in Thailand
BANGKOK November 14, 2002; Arijit Ghosh writing for Bloomberg reported that Toyota Motor Corp., the world's third-biggest automaker, will start selling its cheapest passenger car in Thailand this year to step up competition with Honda Motor Co. Toyota will sell its Soluna Vios, a revamp of an existing model, in the Sou ... Continue reading
Ford Worldwide Automotive Operations Personnel Changes
DETROIT November 14, 2002 The Ap reported that Ford Motor Co. promoted two of its key executives and gave them responsibility for all of the company's worldwide automotive operations. James Padilla and David Thursfield, both of whom were serving as group vice presidents, were named executive vice presidents. Thursfield ... Continue reading
XM Satellite Radio Holdings Inc. Announces Third Quarter 2002 Results
WASHINGTON, Nov. 14, 2002; XM Satellite Radio Holdings Inc. reported financial and operating results for the third quarter ended September 30, 2002. XM ended the quarter reporting 201,544 subscribers and continued to show significant quarter-to-quarter subscriber momentum, adding 64,836 subscribers, representing a 47% ... Continue reading
DETROIT, Nov. 14, 2002-- Daily Edition, the auto industry newsletter produced by TheCarConnection.com , has been named "Best-of-the-Web" in the 2002 International Automotive Media Awards. The timing coincides with the launch of a new, consumer-oriented newsletter, TCC's Weekly Car Guide. The highly-sought IAMA award re ... Continue reading
Hyundai Motor and DaimlerChrysler Break Ground for New Commercial Vehicle Engine Plant
SEOUL, Korea, Nov. 14, 2002; Hyundai Motor Co.'s and DaimlerChrysler AG's joint venture to build commercial vehicle engines took another major step forward today as the two partners broke ground for the construction of their new engine plant located in Hyundai Motor's Chonju Commercial Vehicle Plant. The two companies ... Continue reading
Budget Offers Impulsive Travelers Last Minute Rates as Low as $13.99 per Day
LISLE, Ill., Nov. 14, 2002; No big plans for the weekend? Maybe Budget Rent a Car can help to inspire some fun ideas with its series of special Last Minute weekend and weekly rates on all car classes, starting as low as $13.99 per day for Ford Rangers when booked online at www.budget.com . Every week Budget posts new L ... Continue reading
VW Mexico sees 60,000 New Beetle convertibles in 2003
MEXICO CITY, Nov 14, 2002; Reuters reported that the Mexican unit of German carmaker Volkswagen (VW) (XETRA:VOWG.DE - News) hopes to raise its flagging production numbers in 2003 by assembling 60,000 of the company's new model, the New Beetle convertibles, the company said on Thursday. Volkswagen's plant in Puebla, Mex ... Continue reading
Advance Auto Parts Appoints Francesca Spinelli
ROANOKE, Va., Nov. 14, 2002; Advance Auto Parts, Inc. announced today the appointment of Francesca Spinelli, Ph.D., Senior Vice President -- People, RadioShack Corporation , to its Board of Directors, effective November 21, 2002, bringing the total number of directors to twelve. Ms. Spinelli will also serve on the audi ... Continue reading
Contact: Tracey Waid TMDG, Inc. Office: (704) 547-1998 Cell: (704) 232-2347 twaid@tmdg.net www.hrtmotorsports.com FORD 300 ADVANCE Carlos Contreras Makes His Busch Series Debut with the Hispanic Racing Team CHARLOTTE, N.C. (Nov. 13, 2002) - The NASCAR Busch Grand National Series race at Homestead-Miami Speedway this we ... Continue reading
Acquire 100k In The Pos Fielºd
Dear, submit MAKE UP TO $100,000 EVERY YEAR AND WORK LESS THAN 10 HOURS A WEEK We know it sounds impossible, but it's happening today and here's where. In the merchant business- What's that?? You know those little black boxes where businesses swipe your credit cards! That's called P.O.S. Point of Sale Technology! These ... Continue reading
Bell Industries Reports 2002 Third Quarter Results
EL SEGUNDO, Calif.--Nov. 14, 2002--Bell Industries, Inc. (AMEX:BI) today reported financial results for the third quarter and nine months ended September 30, 2002. For the 2002 third quarter, net sales totaled $40.4 million, compared with $46.2 million in the same prior-year period. Bell sustained a net loss of $416,00 ... Continue reading
Praxair Chooses Iteris Lane Guidance System
ANAHEIM, Calif.--Nov. 14, 2002--Iteris Inc., a subsidiary of Odetics Inc. today announced that Praxair Inc. of Danbury, Conn., has committed to an initial order of 200 new trucks with the Iteris Lane Guidance(TM) lane departure warning system installed as a cost-effective tool to increase driver awareness and reduce ac ... Continue reading
--Nov. 13, 2002-- Suzuki/ESPN Heisman Tour Stops At Oregon; Fans Can Pose With the 2002 Heisman Trophy & Cast a Counted Vote for 2002 Heisman Hopeful WHAT: Fans have two opportunities to pose with the actual 2002 Heisman Trophy and participate in interactive Heisman displays when the Suzuki/ESPN the Magazine Heisman To ... Continue reading
Bob Bishop Joins Harmon AutoGlass as CFO/CIO
MINNEAPOLIS--Nov. 14, 2002--Harmon AutoGlass, a national leader in auto glass repair and replacement, announces the appointment of Robert Bishop as the company's new Chief Financial Officer and Chief Information Officer. In his new role, Bishop will manage both the financial and the technology groups of Harmon AutoGlas ... Continue reading
AUSTIN, Texas--Nov. 14, 2002--Digital Motorworks (DMi) has been named as one of the fastest-growing technology companies in North America by Deloitte & Touche. The Deloitte & Touche Technology Fast 500 rankings are based on revenue growth for the five-year period from 1997-2001. With a growth rate of 857 percent over t ... Continue reading
CHICAGO--Nov. 14, 2002--Fotofabrication Corporation (Fotofab) -- a leading manufacturer of high-precision metal components used in products ranging from F-14 and A-6 fighter aircraft to heart pacemakers, has launched Fotofab Automotive Products (FAPz). FAPz introduced its growing line of aftermarket replacement accesso ... Continue reading
GM DAEWOO Stand Summary Exhibition Theme
FOR RELEASE: November 14, 2002 17 cars on display including first public showing of all new Lacetti and two concept cars, the "Oto" & "Flex"Entertainment includes performance by Pop Divas "FinKL"Exhibits includes a look at the cars of tomorrow GM Daewoo Auto & Technology will showcase an array of cars, entertainers and ... Continue reading
NEW YORK--Nov. 14, 2002-- Cost Reductions Will Exceed $7.0 Million On an Annualized Basis Filed IRS Ruling Application for Tax Free Spin-off of Non-core Assets GP Strategies Corporation , a leader in workforce development, technical training and engineering services, today announced results for the quarter ended Septem ... Continue reading
Graduates of Jim Russell Racing Drivers School Chosen in Red Bull Formula One Driver Search
SONOMA, Calif.--Nov. 14, 2002--Thanks to the expert training at Jim Russell Racing Drivers School, recent graduates Scott Speed, of Manteca, Calif., and Joel Nelson, of Reno, Nevada, have secured two of the coveted four finalist positions in Red Bull's Formula One Driver Search. At 19 years of age, Speed is the younges ... Continue reading
Group 1 Automotive Authorizes Additional Share Repurchase
HOUSTON--Nov. 14, 2002--Group 1 Automotive, Inc. , a Fortune 500 specialty retailer, announced today that its Board of Directors has increased the Company's authorization to repurchase its common stock to $42.7 million. The Company has purchased 724,000 shares since the current stock repurchase program began on Aug. 8, ... Continue reading
International Wire Group, Inc. Reports Results for the Third Quarter and First Nine Months of 2002
ST. LOUIS--Nov. 14, 2002--International Wire Group, Inc. today reported its financial results for the third quarter and first nine months ended September 30, 2002. During the third quarter, earnings before interest, taxes, depreciation and amortization and other unusual charges ("EBITDA") was $12.1 million, a decrease ... Continue reading
John Deere Selects HBM's New MGCsplit Data Acquisition Equipment for Tough Tests
MARLBOROUGH, Mass.--Nov. 14, 2002--John Deere, a leading worldwide manufacturer of agricultural, construction, forestry, consumer and commercial equipment, has selected HBM's new MGCsplit data acquisition system for use in its design and development program. John Deere will use the MGCsplit for mobile tests on a wide r ... Continue reading
FORT LAUDERDALE, Fla.--Nov. 14, 2002--Ocean Bio-Chem, Inc. today reported net earnings for its 3rd Quarter or three-month period ending September 30, 2002 of $ .05 per share versus $ .01 per share for the same period in 2001. For the nine-month period ended September 30, 2002 and comparable period ending September 30, ... Continue reading
Praxair Chooses Iteris Lane Guidance System
ANAHEIM, Calif.--Nov. 14, 2002--Iteris Inc., a subsidiary of Odetics Inc. today announced that Praxair Inc. of Danbury, Conn., has committed to an initial order of 200 new trucks with the Iteris Lane Guidance(TM) lane departure warning system installed as a cost-effective tool to increase driver awareness and reduce ac ... Continue reading
Rexhall Industries Announces Third Quarter Results
LANCASTER, Calif.--Nov. 14, 2002--Rexhall Industries, Inc. today reported revenue and earnings for its third quarter ended September 30, 2002. Net revenues for the third quarter increased 2% to $12,872,000 from $12,673,000 for the same period in 2001. Gross profit for the third quarter was $1,042,000 versus $1,256,000 ... Continue reading
Roadway Corporation Named a Top Performing Company by Ohio Business Magazine
AKRON, Ohio--Nov. 14, 2002--Roadway Corporation has been named to the "Ohio 200" list of top performing Ohio companies published by Ohio Business Magazine. The list validates good business practices and innovation. "By recognizing the top 200 wealth creators in our state, the "Ohio 200" not only identifies but celebrat ... Continue reading
SHREVEPORT, La.--Nov. 14, 2002-- StockPickReport.Com (IARD#119079 - http://www.stockpickreport.com/?src=bw ) makes these stock evaluations for the short term: Oracle Corporation - Outperform http://www.stockpickreport.com/?src=orcl Texas Instruments - Outperform http://www.stockpickreport.com/?src=txn Ford Motor Compan ... Continue reading
EULESS, Texas--Nov. 14, 2002--Warrantech Corporation (OTCBB:WTEC), a leader and innovator in the marketing and administration of service contracts and aftermarket warranties, today reported profits for the tenth consecutive quarter. Net income reached $888,046 or $0.06 per diluted share for the company's fiscal second ... Continue reading
LONDON--Nov. 14, 2002--More than 3,800 fuel cell systems have been installed and operated worldwide, according to a new report by online resource, Fuel Cell Today (www.fuelcelltoday.com). The first such systems were introduced in the 1950s and the improvement in performance and increase in the number of units since the ... Continue reading
Intelligent Motor Cars Secures High Profile VP; Parent of Sun Auto Promotes Well Known Sales Manager
FORT LAUDERDALE, Fla.--Nov. 14, 2002--Intelligent Motor Cars, Inc., the parent company of Sun Auto Leasing & Sales, today announced the promotion of Paul Gellenbeck to Vice President of Sales. "This is an important acquisition for us as Paul is one of the most well-known and well-respected figures in the auto wholesale ... Continue reading
Team Lowe's Racing Miami Preview
For more information contact: John Lewensten Team Lowe's Racing (704) 453-3942 jlewensten@golinharris.com IT ALL COMES DOWN TO MIAMI Team Lowe's Racing battling for rookie of the year and third place overall in the standings HOMESTEAD, Fla. (Nov. 14, 2002) - What better way to end a season then to battle for the Raybes ... Continue reading
OYSTER BAY, New York--Nov. 14, 2002--The semiconductor content of an average vehicle will continue to grow exponentially, stemming from a barrage of new, advanced safety, engine and chassis control technologies in new vehicles over the next few years. According to a new report by Allied Business Intelligence Inc. (ABI) ... Continue reading
FOR RELEASE: November 13, 2002 PONTIAC - General Motors will revamp its entire mid-size car portfolio over the next three years, focusing on fewer, yet stronger nameplates. GM is stepping up its efforts in this core segment, the largest in the industry, with a portfolio of "gotta-have" vehicles that will cater to more ... Continue reading
Motorcar Parts & Accessories Announces 2nd Quarter Earnings
TORRANCE, Calif.--Nov. 14, 2002--Motorcar Parts & Accessories, Inc. (Internet billboard:MPAA) announced today that its net income for the three months ended September 30, 2002 was $1,544,000 or $.18 per share (fully diluted). This compares to net income of $2,800,000 or $.40 per fully diluted share for the three months ... Continue reading
Jimmy Spencer Reflects on 2002 Season
For Immediate Release Contact: Mike Davis Office: (704) 547-1998; Cell: (704) 232-2039 mdavis@tmdg.net www.teamyellowracing.com Jimmy Spencer Reflects on 2002 Season Team Yellow Race Advance - Ford 300 - Homestead-Miami Speedway HOMESTEAD, Fla. (Nov. 14, 2002) - Somewhere in North Carolina a porch swing beckons. And Ji ... Continue reading
FOR RELEASE: November 14, 2002 Automaker Will Repair Suspected Steering Gear Condition DETROIT - General Motors is recalling about 1.5 million model year , Chevrolet L1996-98 Chevrolet Cavalier and Pontiac Sunfire carsumina/Venture, Oldsmobile Silhouette, and Pontiac Transport minivans, and 1997-98 Pontiac Grand Prix c ... Continue reading
GM North American Scheduled Overtime/Downtime for Week of Nov. 18, 2002
FOR RELEASE: November 14, 2002 Total U.S. Passenger Car 32,228 Total U.S. Truck 47,945 Total Canada Passenger Car 13,252 Total Canada Truck 6,953Total N.A. Car and Truck 111,367 North American Scheduled Overtime/Downtime for Week of Nov. 18, 2002 Mon 11/18 Tue 11/19 Wed 11/20 Thu 11/21 Fri 11/22 Sat/Sun 11/23 - 11/24 A ... Continue reading
DriveTime Reports Third Quarter 2002 Results
PHOENIX--Nov. 14, 2002--DriveTime Automotive Group, Inc., formerly known as Ugly Duckling Corporation, the largest used car sales company focused exclusively on the sub-prime market, today reported its third quarter financial results for 2002. The Company reported total revenues of $157.6 million and net earnings of $2 ... Continue reading
Thursday, November 14, 2002 Homestead-Miami Speedway, Homestead, Fla. NASCAR Craftsman Truck Series Ford 200 - Qualifying Patrick Mason Golin/Harris International 773-593-2044 TED MUSGRAVE (No. 1 Mopar Performance Parts Dodge Ram) -- Second "Well, it was a little loose, but the Mopar team did pretty good. We've got a g ... Continue reading
Thursday, November 14, 2002 Homestead-Miami Speedway, Homestead, Fla. NASCAR Craftsman Truck Series Patrick Mason Golin/Harris International 773-593-2044 ***ROOKIE / DRIVER CHAMPIONSHIP QUOTES*** BOB WILDBERGER (Senior Manager of NASCAR Operations - Dodge Motorsports) "Speaking on behalf of the Dodge Motorsports group, ... Continue reading
FOR IMMEDIATE RELEASE Media Contacts: Rosemarie Kitchin, rosemariek@sema.org 909/396-0289, ext. 104 Lisa Guth, lisag@sema.org 909/396-0289, ext. 181 DICK DIXON SETS A NEW SEMA RECORD, WINNING THE AMBASSADOR OF THE YEAR AWARD FOR THE SECOND STRAIGHT YEAR LAS VEGAS (Nov. 8, 2002) — Dick Dixon of Access RPM Yellow P ... Continue reading
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