Monday, December 30, 2002

Here We Grow Again - New Digs For the New Year and Beyond

My Dear Fellow TACH'ers; Over the next several days (boy are we optimistic) you may have trouble getting your daily TACH fix. We have decided that we must move offices etc. if we are to continue to grow and prosper, so we are. We will move about 1 mile south and 10 stories up from our present location. We will also be ... Continue reading

Tires Are Auto Shows' Unsung Heroes

AKRON, Ohio, Dec. 30, 2002; If you listen very carefully, you can hear them. They're saying, "Look at me, look at me." "They" are the sometimes wild and crazy tires specially created by The Goodyear Tire & Rubber Company for concept cars at auto shows. Although the cars are the stars -- and rightfully so -- at the show ... Continue reading

Ballard Successfully Completes CDN $156 Million/US $100 Million Equity Financing

VANCOUVER, British Columbia--Dec. 30, 2002-- Further to its releases of December 11, 2002 and December 18, 2002, Ballard Power Systems (TSX:BLD) announced that it has successfully completed the issuance of 7.7 million common shares of Ballard to an underwriting syndicate led by RBC Capital Markets and CIBC World Market ... Continue reading

AutoWeek Unveils Magazine Redesign

DETROIT--Dec. 30, 2002--AutoWeek magazine launched a redesign with its December 23, 2002 issue, a look that features a sleek, colorful, and easy-to-follow layout that enhances the magazine's readability. "We wanted to give AutoWeek a fresh, active look," said Dutch Mandel, AutoWeek editor and associate publisher, "so w ... Continue reading

Hyundai Mobis: 2003 Net Up 5.3 %

SEOUL, Dec 30, 2002; Reuters reported that South Korea's auto parts maker Hyundai Mobis Co expected net profit to rise more than five percent in 2003 versus this year's target. Hyundai Mobis, a unit of the country's largest automaker Hyundai Motor Co, sees its 2003 net profit at 400 billion won ($334 million) versus 38 ... Continue reading

LA Auto Club: New Rules of the Road for 2003

LOS ANGELES--Dec. 30, 2002--Riders of skateboards and non-motorized scooters will have to wear helmets in the New Year, while motorists in some counties may find themselves doubly fined for school zone traffic violations, according to the Automobile Club of Southern California. "Many of the new laws focus on children," ... Continue reading

Jamie McMurray to start first Daytona 500

DAYTONA BEACH, Fla.,Dec. 27, 2002; Jamie McMurray has already won a NASCAR Winston Cup Series race, but he hasn't even started a Daytona 500 yet. McMurray captured his first Winston Cup victory in only his second career start late in the 2002 season while filling in for the injured Sterling Marlin in the No. 40 Coors L ... Continue reading

Tokyo Auto Show Wrap Up

Paul Thompson writing for Japan Today submitted his take on this years Tokyo Auto Show. "The cavernous Makuhari Messe complex in Chiba was once again filled with everything from rigs to runabouts, axles to accessories, as it hosted the 36th Tokyo Motor Show over six days around Halloween. This year was the second time ... Continue reading

Mercedes: 2002 Sales To "At Least Match 2001"

FRANKFURT, Dec 29, 2002; Reuters reported that the head of the luxury Mercedes unit of DaimlerChrysler was quoted on Sunday as saying he expected to have at least matched last year's 1.2 million sales of Mercedes and Smart brand cars in 2002. "With Mercedes and Smart we should build on last year's 1.2 million car sales ... Continue reading