SAN DIEGO December 18, 2002; The AP reoported that Don Vesco, who set the wheel-driven land-speed record of 458 mph, died of prostate cancer at 63. He died Monday in Scripps Mercy Hospital. Vesco set 18 motorcycle and six automobile records during a career that started when he was 16. The world land-speed record for al ... Continue reading
Scion to Launch First Two Products - xA and xB - At The 2003 Greater Los Angeles Auto Show
TORRANCE, Calif., Dec. 19, 2002; Scion, the new car marque from Toyota Motor Sales (TMS), U.S.A., Inc., will unveil its first two production models, the xA and xB, at a press conference at the 2003 Greater Los Angeles Auto Show. The xB is based on the bbX concept that was first introduced at the 2002 New York Auto Show ... Continue reading
Michelin Presents World's Premier Event for Environmental Vehicles
HOLLYWOOD BEACH, Fla., Dec. 19, 2002; At a conference hosted by the Electronic Vehicle Association of the Americas (EVAA) last week, Michelin North American Project Leader, Ron Musgnug, presented plans for the 2003 Challenge Bibendum(TM) and discussed opportunities for enhancing sustainable mobility in the 21st century ... Continue reading
DETROIT, Dec 19, 2002; Tom Brown writing for Reuters reports that a cousin of Ford Motor Co. Chairman and Chief Executive Bill Ford Jr. is getting promoted at the company that bears their family name. Elena Ford, 36, who joined Ford Motor in 1995, is the first female Ford family member to go to work directly for the co ... Continue reading
JapanCorp: <http://www.japancorp.net/?page_num=1> DENSO To Eliminate Lead in Brushes for All Automotive Electric Motors to Meet New European Regulations Tokyo, Japan, Dec. 19, 2002 - (JCN Newswire) - DENSO Corporation and ASMO Co. Ltd., a DENSO group company, will completely eliminate lead in brushes of all automotive ... Continue reading
IRVINE, Calif.--Dec. 19, 2002-- Online Survey Reveals Fewer Than 30% of Drivers Service Vehicles at Recommended Times Autobytel, the Internet's largest new car buying service, is encouraging drivers to make a New Year's resolution to maintain and service their vehicles according to recommended factory standards. A rece ... Continue reading
HOUSTON--Dec. 19, 2002--Researched by Industrialinfo.com (Industrial Information Resources Incorporated; Houston, Texas). Final approval of the Lordstown, Ohio assembly plant expansion program came with open arms this fall, as General Motors Corporation (Detroit, Michigan) committed to over $550 million to retool sever ... Continue reading
JIMMY KITE TO RACE CHILI BOWL FOR LEHMANN
JIMMY KITE TO RACE CHILI BOWL FOR LEHMANN -FOR IMMEDIATE RELEASE- STOCKBRIDGE, Ga., Thursday, December 19, 2002 - Open wheel racing expert Jimmy Kite, 26, will add yet another highlight to his already impressive racing resume next month. Lehmann Racing and Kite announced today that the Georgia resident would compete in ... Continue reading
MACS 2003 CONVENTION KEYNOTE SPEAKERS
Press release attached coverage requested Marion J. Posen Manager of Sales and Marketing Mobile Air Conditioning Society Worldwide 225 South Broad St. (P.O. Box 88) Lansdale, PA 19446 215-631-7020 ext. 304 FAX 215-631-7017 You are receiving this message because MACS believes you will benefit from this information. You ... Continue reading
SHI Opens New Service Offices for its Injection Molding Machines in Czech and Poland
JapanCorp: <http://www.japancorp.net/?page_num=1> SHI Opens New Service Offices for its Injection Molding Machines in Czech and Poland Tokyo, Japan, Dec. 19, 2002 - (JCN Newswire) - Sumitomo Heavy Industries, Ltd. (SHI) has opened a new service office for its plastic injection molding machines in Czech and Poland. Rece ... Continue reading
Transport Refrigeration Markets in Europe - Latest Findings by Frost & Sullivan
Transport Refrigeration Industry Feels The Chill As Excess Capacity Hinders Growth In today’s society, the growing need to preserve and protect food, drugs and medical supplies in a wide range of ambient temperatures has provided fresh impetus for growth in the European transport refrigeration market. A new study by ... Continue reading
Alcoa Comments on Oslo Stock Exchange Ruling
PITTSBURGH--Dec. 19, 2002--Alcoa Inc. Chairman and CEO, Alain Belda, today issued the following statement regarding the Oslo Stock Exchange's decision on Elkem: "We are pleased that the Oslo Stock Exchange ruled that Orkla has been acting in concert with Nordstjernen with respect to Elkem. Alcoa has contended for some ... Continue reading
Auxer Reports New Developments At Viva
PATERSON, N.J.--Dec. 19, 2002--The Auxer group, Inc. (OTCBB: AXGI) announced today that its merger with Viva Airlines, Inc. is proceeding toward completion. Eugene Chiaramonte, Chairman of AUXER, said, "We have a few agreements yet to finalize but everything is moving along well. This time of the year is always a chall ... Continue reading
LOS ANGELES--Dec. 19, 2002--Fewer Californians are expected to drive to holiday destinations over the Christmas-New Year's season, but more of them will be flying, according to the Automobile Club of Southern California. Overall, about 7.9 million Californians -- including 4.9 million Southern California residents -- a ... Continue reading
Oshkosh Truck to Announce First Quarter Earnings on January 23, 2003
OSHKOSH, Wis.--Dec. 19, 2002--Oshkosh Truck Corporation , a leading manufacturer of specialty trucks and truck bodies, will issue its first quarter fiscal 2003 financial results on January 23, 2003. A live conference call for security analysts and institutional investors will be held at 10:00 a.m. EST the same day. The ... Continue reading
Strategy Analytics: Branded Content Critical to Realize $18 Billion MMS Market
BOSTON & MILTON KEYNES, U.K.--Dec. 19, 2002-- Branded Content and Applications To Drive 60 Percent of Revenues and 30 Percent of MMS Traffic Strategy Analytics today released a new report titled, "MMS Market Dynamics: Content To Drive MMS Revenue." This report recommends that operators focus on developing a potent cock ... Continue reading
Fitch 2003 Outlook: North American Automotive Sector
CHICAGO--Dec. 19, 2002--Whether it is automotive industry volumes, net pricing, product trends, the UAW contract negotiation, or automotive pensions, Fitch Ratings anticipates that 2003 will be one of the most important years in recent North American automotive history. Fitch anticipates that domestic automakers will c ... Continue reading
SPRINGFIELD, Mo.--Dec. 19, 2002--O'Reilly Automotive, Inc. (the "Company") , announced that it has entered into agreements to purchase the assets of Dick Smith Enterprises (Dick Smith), headquartered in Ft. Worth, Texas and Davie Automotive, Inc. (Davie), headquartered in Mocksville, North Carolina. Under the terms of ... Continue reading
Fw: NJ'S Danny Sammons Makes Racing Return to Homestate
NJ'S Danny Sammons Makes Racing Return to Homestate ----- Original Message ----- From: Danny Sammons To: Tim Southers Sent: Wednesday, December 18, 2002 5:30 PM Subject: NJ'S Danny Sammons Makes Racing Return to Homestate Tim - Could you please send this press release out to your list. Thanks Danny USAR¹S DANNY SAMMON ... Continue reading
Strategy Analytics Publishes Top 10 Global Wireless Predictions for 2003
BOSTON--Dec. 19, 2002--In 2003, the Strategy Analytics Global Wireless Practice expects solid subscriber growth in Asia, disappointing consumer MMS & 3G ramp up in mature markets, surging Asian vendor handset presence and an impressive growth rate for enterprise Instant Messaging and SMS. 1. W-CDMA 3G subscribers fail ... Continue reading
Auto Data Network in Letter of Intent to Acquire AutoMatrix
TUNBRIDGE WELLS, U.K.--Dec. 19, 2002--Auto Data Network Inc.(OTCBB: ADNW.OB), provider of a regional, national and European real time data network serving the automotive sector, today announced a letter-of-intent to acquire AutoMatrix UK Limited for an undisclosed amount in cash and stock. The terms of the acquisition ... Continue reading
Total GM N.A. Car and Truck Production
FOR RELEASE: December 19, 2002 Total U.S. Passenger Car 37,675 Total U.S. Truck 59,525 Total Canada Passenger Car 13,213 Total Canada Truck 7,499Total N.A. Car and Truck 117,912 North American Scheduled Overtime/Downtime for Week of Dec 23, 2002All GM North American vehicle assembly plants will be down for the Christma ... Continue reading
Cummins Inc. Named ``Newsmaker Of The Year'' by Diesel Progress
COLUMBUS, Ind.--Dec. 19, 2002--Cummins Inc. today was presented with the prestigious "Newsmaker of the Year " award by Diesel Progress magazine. The award recognizes the top newsmaker in the diesel power industry for the year 2002. "Cummins edged out the competition as the company, person, technology, market or subject ... Continue reading
Car Travel Ideas That Help Keep Children Entertained
FOR RELEASE: December 19, 2002 GM Motor Club Offers Families Holiday Car Travel Ideas That Help Keep Children Entertained Southfield, Mich. - The holidays are here and with them, an expected increase in travel. In fact, 12 million people travel on the day after Christmas and 8.3 million on New Year's Eve. Since the hol ... Continue reading
Mitsubishi eyes half of China SUV market by 2010
SHANGHAI, Dec 19, 2002; Erin Prelypchan writing for Reuters reported Japanese carmaker Mitsubishi Motors said on Thursday it hoped to grab half of China's burgeoning market for sport utility vehicles (SUVs) by 2010 with its Pajero and Pajero Sport models. The ambitious target from Japan's fourth largest carmaker will p ... Continue reading
Mitsubishi Motors Merges European Units; Turnaround of European Business Operations on Track
JapanCorp: <http://www.japancorp.net/?page_num=1> Mitsubishi Motors Merges European Units; Turnaround of European Business Operations on Track Tokyo, Japan, Dec. 20, 2002 - (JCN Newswire) - Mitsubishi Motors Corporation (MMC) today announced the merger of Mitsubishi Motors Europe (MMC's European holding company) and Mi ... Continue reading
Cummins Westport receives second order for B Gas Plus engines in the Czech Republic
VANCOUVER, Dec. 19, 2002; Cummins Westport Inc. a joint venture of Cummins Inc. of Columbus, Indiana, and Westport Innovations Inc. of Vancouver announced today that CSAD BUS Usti nad Labem a.s. of the Czech Republic has ordered 10 more B Gas Plus natural gas engines to add to the six that were previously ordered in Se ... Continue reading
Toyota Says Orders for Chinese-Made Car Top Expectations
TOKYO December 19, 2002; Toyota Motor Corp. president Fujio Cho said Thursday the world's third-largest car maker will likely need to increase production capacity for its first-ever China-made Toyota-brand passenger car after receiving stronger-than- expected orders. Mr. Cho said orders for its "VIOS" subcompact car, w ... Continue reading
Delphi Celebrates 40th Anniversary of TILT-WHEEL Steering Columns
SAGINAW, Mich., Dec. 19, 2002; Delphi Corporation, a global leader in steering column design and production, was the first automotive components supplier to introduce tilt steering forty years ago. TILT-WHEEL(TM) Steering Columns, originally produced in 1962 at Delphi's Plant 4 located in Saginaw, Michigan, allow simpl ... Continue reading
ATLANTA, Dec. 19, 2002; Porsche has revealed plans to introduce an ultra high performance version of its 911 Carrera Coupe sports car to the world market in the spring of 2003. The new model, named the 911 GT3, represents the most powerful non-turbocharged Porsche ever offered for street use in the United States and Ca ... Continue reading
Bosch Diesel Technology Powers VW Touareg
FARMINGTON HILLS, Mich., Dec. 19, 2002; Bosch today announced it will provide the Unit Injector diesel injection system for the 10-cylinder diesel engine of the all-new Volkswagen Touareg. The system features two electronic control units which regulate the injection of diesel fuel from the injectors directly into the c ... Continue reading
Confident Americans Set Sights on 2003 Travel, AAA Survey Shows
ORLANDO, Fla.--Dec. 19, 2002--Seventy-one percent of Americans plan to travel at least as much or more in 2003 as they did this year and 60 percent believe the struggling U.S. economy will be stronger next year than it is today, according to a new AAA survey. Seventy-eight percent of survey respondents said they would ... Continue reading
Pickups Save Detroit - Film At 11
December 19, 2002 Forbes Commentary by By Jerry Flint If it weren't for big pickup trucks, Detroit probably wouldn't be making any money at all. The car magazines love the hot stuff, the cars that go from 0 to 60 in seven seconds and whip around corners with all four wheels on the ground. Families love sport utilities, ... Continue reading
KIA MOTORS AMERICA KIA KCD-1 'SLICE' CONCEPT VEHICLE
IRVINE, Calif., Dec. 18, 2002; To be unveiled at the North American International Auto Show in Detroit early next year, the KCD-1 Slice concept vehicle from Kia is an alternative to clumsy, fuel-thirsty sport utility vehicles. With flexible seating for six adults, the Slice provides all the versatility of a SUV, but it ... Continue reading
Visteon Names Julie Fream Vice President of Marketing
DEARBORN, Mich., Dec. 18, 2002; Visteon Corporation today announced Julie Fream as its Vice President of Marketing, effective January 1, 2003. She will report to Michael Johnston, President and Chief Operating Officer. Fream, who joined Visteon in 1998, will be responsible for strategic development and alignment of glo ... Continue reading
DETROIT, Dec. 18 -- Women in Automotive Journalism (WAJ) today announced the finalists for its first "Top New Vehicle" and "Top Automotive Feature" awards. WAJ, a group of influential, U.S.-based, women auto writers, columnists, test-drivers and editors who cover the auto industry, focused on performance, safety, inter ... Continue reading
Ford Announces 100th Anniversary Plans
DEARBORN, Mich., Dec. 18, 2002; Ford Motor Company will commemorate its 100th anniversary June 16, 2003, and the plans to celebrate this historic milestone are well underway. "The company's centennial offers us a unique opportunity to reflect on our many past accomplishments," said Bill Ford, chairman and CEO, Ford Mot ... Continue reading
STOCKHOLM, Sweden December 19, 2002: Tommy Grandell writing for AP reported that Volvo may speed up production of its new sport utility vehicle, the XC90, after hundreds were lost in a shipping accident, the company said Wednesday. Volvo said the number of buyers interested in the vehicle, combined with the loss of 350 ... Continue reading
David Clare to Join Championship Auto Racing Teams in Newly-Created Role of Chief Operating Officer
INDIANAPOLIS, Dec. 18, 2002; Championship Auto Racing Teams, Inc. announced today that David Clare will be joining the company in the newly-created position of Chief Operating Officer when it reopens for business following its traditional holiday break on Monday, January 6. Clare, 47, will report to CART President and ... Continue reading
Spark Plug Answers President Bush's Call for Better SUV Fuel Economy
APOPKA, Fla., Dec. 18, 2002; A novel spark plug could be all that is needed for sport utility vehicles (SUV) to meet President Bush's challenge to improve fuel economy.Combustion Technology Products Corp. (CTPC), with technical assistance from Sandia National Laboratories, has developed a sophisticated spark plug calle ... Continue reading
AIC's AutoEspanol Vehicle Research Tools Help Honda Connect with Hispanic Online Shoppers
IRVINE, Calif.--Dec. 18, 2002--Automotive Information Center (AIC), a division of Autobytel Inc. and a leading supplier of vehicle data and comparative information to the automotive industry for over two decades, has developed customized versions of its AIC AutoEspanol(TM) Spanish-language research tools for American H ... Continue reading
Apogee 3rd Quarter Earnings Increase; Current Year Guidance Reduced
MINNEAPOLIS--Dec. 18, 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 third quarter fiscal 2003 earnings increased 35 percent to $0.27 per share, or $7.6 million, versus $0.20 ... Continue reading
Auto-Q Hires Top Marketing Company to Help Realize Full Potential of Its New Consumer Products
LONDON--Dec. 18, 2002--Auto-Q (OTCBB:AUTQ) has commissioned Haines McGregor, a well known and respected UK brand development agency, to fully assess the potential of its new retail asset, security and monitoring products. This is seen as the precursor to a full scale advertising and promotion campaign to be launched in ... Continue reading
Ballard Completes Purchase of ALSTOM's Interest in Ballard Generation Systems
VANCOUVER, British Columbia--Dec. 18, 2002-- Ballard Power Systems (TSX:BLD) announced today that it has completed the acquisition of the interest of ALSTOM Canada Inc. in Ballard's stationary power subsidiary, Ballard Generation Systems Inc. ("BGS"), through the issuance of 2.5 million Ballard common shares. ALSTOM Ca ... Continue reading
Ballard to File Final Prospectus for Equity Financing
VANCOUVER, British Columbia--Dec. 18, 2002-- Further to its release of December 11, 2002, Ballard Power Systems (TSX:BLD) announced that later today it expects to file the final prospectus relating to the equity offering underwritten by a syndicate led by RBC Capital Markets as bookrunner and CIBC World Markets as co-l ... Continue reading
Electronic Transport ZAPs CES Technology Expo Jan. 9 in Las Vegas
-- WHEN: January 9 - 12, 2003 WHERE: CES - Int'l Consumer Electronics Show, Las Vegas, Nevada 100,000 annual attendees from 100 countries, 3,000 journalists, financial analysts (www.cea.org). Media appointments call 707-824-4150 x 241. ZAP Electronic Transport Pavilion, Booth No. 31277, South Hall Las Vegas Convention ... Continue reading
Ft. Myers Lincoln Mercury Leads in Global Market
FORT MYERS, Fla.--Dec. 18, 2002--Ft. Myers Lincoln Mercury is on top of the world when it comes to selling the popular Lincoln Town Car, according to corporate sales reports. The Ft. Myers dealership, as of November 2002, has sold a hefty 340 Town Cars this year, which is more than any other dealership in the world. ... Continue reading
GP Strategies Announces Relocation of Corporate Office to Westchester, New York From New York City
NEW YORK--Dec. 18, 2002--GP Strategies Corporation announced the relocation of its corporate office and corporate personnel from New York City to Westchester, New York. The relocation will result in cost savings of at least $500,000. About GP Strategies Corporation GP Strategies, whose principal operating subsidiary is ... Continue reading
WARRENVILLE, Ill.--Dec. 18, 2002--Navistar International Corporation announced today that it has closed on $190 million of new senior convertible bonds sold in a private placement. The placement was consistent with the 2003 financing plans that were communicated to investors on October 29 and during the fourth quarter ... Continue reading
SEMA Has Multi-Faceted Its Recycling Program
FOR IMMEDIATE RELEASE Media contact: Rosemarie Kitchin, rosemariek@sema.org SEMA, 909/396-0289, ext. 104 SEMA HAS MULTI-FACETED ITS RECYCLING PROGRAM California EPA Honors SEMA Program for Second Consecutive Year DIAMOND BAR, Calif. (December 18, 2002) - Ever wonder what happens to all unused, leftover paper after a ma ... Continue reading
SEMA MPMC Media Trade Conference
MPMC Media Trade Conference January 21-23, 2003 Embassy Suites Los Angeles Airport South Los Angeles, California Don't miss out on an excellent opportunity to meet with the racing industry's top manufactures. Lunch will be served along with the always-open Media Pit Stop (lounge) providing a place to work and refreshme ... Continue reading
PALO ALTO, Calif.--Dec. 18, 2002--Southwall Technologies Inc. , a global developer, manufacturer and marketer of thin-film coatings for the automotive glass, electronic display and architectural markets, today announced that it has commenced restructuring actions to improve its cost structure for 2003 and 2004. These a ... Continue reading
Wells Fargo Brings Wall Street to Montgomery Street
SAN FRANCISCO--Dec. 18, 2002-- Wells Fargo Unveils Its Grand Prize to the Winner of the WellsTrade Test Drive, an Investment Simulation, at Its San Francisco Headquarters Today Wells Fargo & Company will unveil the grand prize for its WellsTrade(R) (www.wellstrade.com) Test Drive contest at its 420 Montgomery St. headq ... Continue reading
Winnebago Industries Reports First Quarter Results
FOREST CITY, Iowa--Dec. 18, 2002-- -- Record First Quarter Revenues and Operating Income -- Winnebago Industries, Inc., , the leading United States (U.S.) motor home manufacturer, today reported results for the first quarter of fiscal 2003 which ended November 30, 2002. Revenues were a record $234.1 million for the 13- ... Continue reading
Ford Motor Company Awards Contract to Catalytic Solutions
OXNARD, Calif.--Dec. 18, 2002--Catalytic Solutions Inc. (CSI) has been awarded a program to supply catalysts to Ford Motor Company for a 2004 1/2 model U.S. vehicle. Catalytic Solutions has developed advanced catalytic coating technology, Mixed Phase Catalyst (MPC(R)), which provides reductions in the use of platinum g ... Continue reading
LA Auto Club Expands Reach to AAA Northern New England
LOS ANGELES--Dec. 18, 2002--The Automobile Club of Southern California today reached eastward with the affiliation of AAA Northern New England, which operates in Maine, New Hampshire and Vermont. Both motor clubs will coordinate strategic and business planning with the overall goal of increasing services and products f ... Continue reading
California Fuel Cell Partnership Welcomes Ztek as New Member
WEST SACRAMENTO, Calif.--Dec. 18, 2002--The California Fuel Cell Partnership (CaFCP) today announced that Ztek Corporation has joined its public-private venture to demonstrate and promote fuel cell vehicles and fuel alternatives. Ztek, based in Woburn, Mass., specializes in the manufacturing of fossil fuel-to-electrici ... Continue reading
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