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November 2002

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Monday, November 25, 2002

Chrysler To Test Fuel Cell Cars In US

Chrysler To Test Fuel Cell Cars In US

NEW YORK November 25, 2002; Dow Jones reported that DaimlerChrysler AG said it plans to release a fleet of hydrogen-fueled fuel-cell cars beginning next year as part of a worldwide test program for alternative fuels. In a press release Monday, the company also said it will develop a fuel-cell vehicle running on sodium ... Continue reading

ABRA Opens 73rd Auto Repair Center

ABRA Opens 73rd Auto Repair Center

MINNEAPOLIS--Nov. 25, 2002--ABRA Auto Body & Glass, a Minneapolis-based damaged vehicle repair company, announced today the acquisition of European Body Works in Fayetteville, GA. With this acquisition, ABRA now operates 73 repair centers in ten states, eleven of which are in metro Atlanta. "One of ABRA's strategic goa ... Continue reading

Champion Parts Reports Third Quarter Results

Champion Parts Reports Third Quarter Results

HOPE, Ark., Nov. 25, 2002; Champion Parts, Inc. reported net sales of $5,176,000 for the third quarter ended Sept. 29, 2002, compared to $5,731,000 in the same period last year. The company reported a net loss of $98,000, or $0.03 per share in the quarter, compared to a net profit of $9,000, or $0.00 per share for the ... Continue reading

Fuel Cell Management Magazine Premieres at 2002 Fuel Cell Seminar

Fuel Cell Management Magazine Premieres at 2002 Fuel Cell Seminar

CLEVELAND--Nov. 25, 2002--The inaugural issue of Fuel Cell Management (FCM) is in the hands of 20,000 fuel cell developers, researchers, suppliers, end-users, and other industry experts including attendees of the 2002 Fuel Cell Seminar that took place from November 18 - 21 in Palm Springs, CA. FCM, a quarterly publicat ... Continue reading

DaimlerChrysler to Focus on Alternative Fuels for its Future At the North American Innovation Symposium

DaimlerChrysler to Focus on Alternative Fuels for its Future At the North American Innovation Symposium

NEW YORK, Nov. 25, 2002; DaimlerChrysler's ambitious programs to develop advanced technology vehicles for the future will continue to record major milestones in the coming months, according to a senior company official. The company will bring a fleet of clean, efficient, hydrogen-fueled fuel cell cars to the United Sta ... Continue reading

Toyota Announces Value-Driven Prices for the All-New 4Runner V6

Toyota Announces Value-Driven Prices for the All-New 4Runner V6

TORRANCE, Calif., Nov. 25, 2002; Toyota Motor Sales, U.S.A., Inc., released manufacturer's suggested retail prices (MSRP) today for the all-new 2003 4Runner mid-size sport utility vehicle (SUV) with a new V6 engine. The all-new 4Runner V8 was launched in mid-October. The 4Runner V6 arrives at dealer showrooms in Decemb ... Continue reading

Chrysler Group to Offer Diesel-Powered Jeep(R) Liberty For North American Market

Chrysler Group to Offer Diesel-Powered Jeep(R) Liberty For North American Market

-- United States Could Save 800 Million Gallons of Oil Annually With Higher Mix -- Dieter Zetsche Calls on Oil Refiners and Government to Work With Automakers to Address Challenges NEW YORK, Nov. 25, 2002; The United States could reduce its oil use by approximately 800 million gallons and carbon dioxide emissions by 8 ... Continue reading

Top Designer Presentations, Auto Show Tours, Awards Create Dynamic AutoWeek Design Forum Agenda, Jan. 8

Top Designer Presentations, Auto Show Tours, Awards Create Dynamic AutoWeek Design Forum Agenda, Jan. 8

DETROIT, Nov. 25, 2002; Six of the design industry's leading executives will share their creative experiences at the AutoWeek Design Forum, Wednesday, Jan. 8, 2003 at Cobo Conference/Exhibition Center in Detroit, Mich. The day-long program begins with registration and continental breakfast at 8 a.m. and concludes at 9: ... Continue reading

Cingular Wireless Gives Thanks for Safe Drivers

Cingular Wireless Gives Thanks for Safe Drivers

ATLANTA, Nov. 25 -- This Thanksgiving an estimated 35.9 million Americans will be traveling throughout the country to reconnect with families and friends. With more Americans traveling by car to their final destinations this year, Cingular Wireless and the National Troopers Coalition remind drivers to "Be Sensible," es ... Continue reading

AAA Expects 4.5 Million Breakdowns in November - December

AAA Expects 4.5 Million Breakdowns in November - December

ORLANDO, Fla.--Nov. 25, 2002; AAA, the leading provider of automotive services to North American vehicle owners, is projecting more than 4.5 million motorists will experience a vehicle breakdown during November and December, and that nearly one-third of all vehicles are overdue for some form of preventive maintenance. ... Continue reading

SEMA Show 2003 Is Already Setting Records

SEMA Show 2003 Is Already Setting Records

DIAMOND BAR, Calif., Nov. 25, 2002; SEMA Show 2003 is already setting records, nearly a year before it opens in Las Vegas next Nov. 4, according to Peter MacGillivray, vice president of sales and marketing for SEMA, the Specialty Equipment Market Association. "Our SEMA Show exhibitors were extremely satisfied with the ... Continue reading

Third-Generation Technologies Inspire Growth of the World Lead Acid Batteries Market

Third-Generation Technologies Inspire Growth of the World Lead Acid Batteries Market

SAN JOSE, Calif., Nov. 25, 2002; Implementation of third- generation (3G) communication systems, especially in Europe and Asia, and new automobile electrical accessory designs are powering the growth of the world lead acid batteries market. Proven reliability and competitive pricing also provide a sustained demand. New ... Continue reading

HEAT Stops Thieves Cold With Holiday Safety Tips

HEAT Stops Thieves Cold With Holiday Safety Tips

LIVONIA, Mich., Nov. 25 -- The holiday shopping season has arrived and this year Help Eliminate Auto Thefts wants shoppers to be on the lookout for more than just the perfect gift. HEAT® is offering safety tips for preoccupied holiday shoppers to protect themselves from thieves looking to snatch automobiles and packag ... Continue reading

Pennzoil to Provide Personalized Auto Web Page Product to Its Auto Dealer-Clients

Pennzoil to Provide Personalized Auto Web Page Product to Its Auto Dealer-Clients

SANTA MONICA, Calif.--Nov. 25, 2002-- Pennzoil-Quaker State Company, makers of the number one- and number two-selling motor oil brands in the U.S., and MyCarPage.com, an automotive customer retention and e-mail marketing company, today signed a three-year agreement to address the franchise auto dealer market. The agree ... Continue reading

A. Schulman Invision Soft-Touch Compounds Selected by Honda

A. Schulman Invision Soft-Touch Compounds Selected by Honda

AKRON, Ohio--Nov. 25, 2002--A. Schulman Inc. has been chosen by the Honda Motor Company to supply its Invision(TM) VX Soft-Touch thermoplastic elastomer (TPE) compounds for three Honda vehicle platforms. Invision(TM) VX Soft-Touch, an exclusive product of A. Schulman, has been specified for door armrest skins, assist h ... Continue reading

U.S. Armed Forces Join Largest Seat Belt Crackdown in U.S. History

U.S. Armed Forces Join Largest Seat Belt Crackdown in U.S. History

WASHINGTON, Nov. 25, 2002; As Americans rely on the U.S. military more than ever to protect them, the greatest danger military personnel themselves face is motor vehicle crashes. That's why the armed forces are joining more than 12,000 law enforcement agencies in a nationwide crackdown against seat belt violators. The ... Continue reading

Michigan Home to 85 Percent of Auto R&D

Michigan Home to 85 Percent of Auto R&D

LANSING, Mich., Nov. 25, 2002; Michigan is by far the national automotive research and development (R&D) leader, according to a new directory recently distributed by the Michigan Economic Development Corporation. The state is home to 85 percent of all vehicle-related research and development activity with $13.5 billion ... Continue reading

Isuzu Posts $685 Million Loss

Isuzu Posts $685 Million Loss

TOKYO, November 25,2002 The AP reported that Isuzu Motors posted a wider loss of 84 billion yen ($685 million) for the first half as sales dropped in two key markets, the United States and Japan. The loss announced Monday was bigger than the 23.6 billion yen loss Isuzu posted for the same period a year ago. Isuzu's sal ... Continue reading

Delphi Technologies and Innovation Recognized By the Society of Plastics Engineers

Delphi Technologies and Innovation Recognized By the Society of Plastics Engineers

TROY, Mich., Nov. 25, 2002; The Society of Plastics Engineers added two Delphi Corp. technologies to its Hall of Fame. The Door Lock Actuator and the Mini Wedge Latch won the recognition, announced during the SPE Automotive Division's 32nd Annual Innovation Awards Program. Also, Delphi's Power Decklid Closer, as well a ... Continue reading

AutoNation, Inc. Announces Resignation of Michael G. DeGroote From Board of Directors

AutoNation, Inc. Announces Resignation of Michael G. DeGroote From Board of Directors

FORT LAUDERDALE, Fla., Nov. 25, 2002; AutoNation, Inc. announced today that Michael G. DeGroote has resigned from the Company's Board of Directors due to health reasons. DeGroote has been a member of the Company's Board since 1991. "Michael has been a valued Board member and supporter of AutoNation's mission to be Amer ... Continue reading

GrafTech's GRAFCELL in Honda's FCX Fuel Cell Vehicle

GrafTech's GRAFCELL in Honda's FCX Fuel Cell Vehicle

WILMINGTON, Del.--Nov. 25, 2002--GrafTech International Ltd. (GTI), a leader in graphite and carbon science for over 100 years, today announced that GRAFCELL(TM) advanced flexible graphite will be included in the Ballard Power Systems Inc.'s fuel cell engines used to power Honda's new FCX fuel cell vehicle planned for ... Continue reading

Ballard Receives US $1.88 Million Order from New Automotive Customer for Fuel Cells

Ballard Receives US $1.88 Million Order from New Automotive Customer for Fuel Cells

VANCOUVER, British Columbia--Nov. 25, 2002-- Ballard Power Systems (TSX:BLD) has received a US $1.88 million order from a new automotive customer for Ballard's fuel cell engine and support services. The contract will include Ballard's light-duty fuel cell engine, featuring the Mark 902 fuel cell module, application eng ... Continue reading

GM Gives Holiday Profit Sharing Bonus' To Workers

GM Gives Holiday Profit Sharing Bonus' To Workers

GM to offer bigger payouts than Ford and DaimlerChrysler November 25, 2002 ASSOCIATED PRESS Sales of American automobiles are strong, but General Motors Corp. is the only Detroit auto maker earning enough to offer its workers holiday bonuses, analysts say. Meanwhile, Ford Motor Co. and DaimlerChrysler AG struggling to ... Continue reading

Trucking Industry Backs National Buckle Up Campaign

Trucking Industry Backs National Buckle Up Campaign

ALEXANDRIA, Va.--Nov. 25, 2002--Continuing the trucking industry's call for strong, visible enforcement of the nation's traffic laws, the American Trucking Associations (ATA) today announced its support for this week's nationwide Click It or Ticket campaign (11-25/12-1). Click It or Ticket is the largest-ever coordinat ... Continue reading

In Japan Automakers Waging Price War

In Japan Automakers Waging Price War

Sunday, November 24, 2002 at 07:00 JST TOKYO — Japanese automakers are waging a price war in a bid to boost sales hit by the prolonged recession. By slashing recommended retail prices of remodeled passenger cars as well as launching new models, they hope to bolster their competitiveness and spur demand. In the pa ... Continue reading

In Japan Automakers Waging Price War

In Japan Automakers Waging Price War

TOKYO, November 24, 2002; Japan Today reported that Japanese automakers are waging a price war in a bid to boost sales hit by the prolonged recession. By slashing recommended retail prices of remodeled passenger cars as well as launching new models, they hope to bolster their competitiveness and spur demand. In the pas ... Continue reading

Cendant Completes Acquisition of Budget Group

Cendant Completes Acquisition of Budget Group

Budget and Avis Brands Make Cendant the Largest General Use Car Rental Operator in the World NEW YORK, Nov. 22 , 2002 Cendant Corporation announced today that it has completed the purchase of substantially all of the assets of Budget Group, Inc. The purchase price was $110 million in cash plus the payment of certain tr ... Continue reading

Bureau of Automotive Repair Issues Winter Car Care Tips for Pre-Thanksgiving Weekend Travel Stories

Bureau of Automotive Repair Issues Winter Car Care Tips for Pre-Thanksgiving Weekend Travel Stories

California Drivers Prepare for First Holiday Trip SACRAMENTO, Calif., Nov. 24, 2002; With Thanksgiving just a few days away, millions of Californians are preparing for their first holiday trip of the season this week. And by taking just a few simple precautions, consumers can make sure their vacation plans aren't ruine ... Continue reading

Japan 'Big-5' Carmakers Report October Results

Japan 'Big-5' Carmakers Report October Results

TOKYO, Nov 25, 2002 Reuters reported that Toyota Motor Corp, said its domestic output rose 6.1 percent in October from a year earlier to 334,790 vehicles. Third-ranked Nissan Motor Corp. produced 127,245 vehicles in Japan, up 10 percent. The following are figures for domestic output, domestic sales, exports and oversea ... Continue reading

Seoul Auto Show Report

Seoul Auto Show Report

Lee Yong-sung of thwe Korean Times reported the reasons that The Cars The Star.at Why do city people want to drive? For time efficiency alone the subway would be a safer choice. However, people gladly take the risk of going all the way through the center of traffic hell to express themselves by the vehicles they choose ... Continue reading

Gas Prices Down More Than a Nickel

Gas Prices Down More Than a Nickel

CAMARILLO, Calif. The AP reports that the price of a gallon of gas fell more than a nickel nationwide over the past two weeks as crude oil prices stayed low and supply outpaced demand, an industry analyst said Sunday. It was the largest two-week drop in about a year. The average price for gas nationwide, including all ... Continue reading

The're Makin Em but Not Sellin' Em

The're Makin Em but Not Sellin' Em

November 25, 2002 Justin Hyde writing for Reuters reports that while salespeople at auto dealers around the United States are waiting anxiously for business to pick up, workers at the former Big Three's auto plants have been on overtime for much of the last two months. That disconnect between weaker auto sales and aggr ... Continue reading

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