White House: Hydrogen Research Has $720 Million In New Money
WASHINGTON January 28, 2003; Dow Jones reported that the Bush administration said Tuesday that President George W. Bush's proposal to devote $1.2 billion toward research into hydrogen powered cars includes $720 million in new funding. The White House said in a written statement the money will be spent over five years a ... Continue reading
Norton Motorcycle Company Launches New Nemesis with Largest Production OEM Engine Available
MINNEAPOLIS--Jan. 28, 2003--Norton Motorcycle Company announced today that it will premier the Norton Nemesis Power Cruiser at the Cincinnati V-Twin Expo Trade Show this weekend, February 1 - 3, 2003. The Expo will be held at the Albert Sabin Convention Center in Cincinnati, Ohio. "We are extremely proud to re-introduc ... Continue reading
Prestolite Electric Announces 2002 Sales
ANN ARBOR, Mich.--Jan. 28, 2003--Speaking at a high-yield conference in New Orleans today, P. Kim Packard, president and CEO of Prestolite Electric Incorporated, announced that the company had achieved sales of $167.1 million for the year ended December 31, 2002, a 5% increase over 2001. While Mr. Packard did not annou ... Continue reading
SAN JOSE, Calif.--Jan. 28, 2003--Royal Philips Electronics today introduced its car radio enhanced selectivity tuner, the TEF6860 -- a unique new tuner IC that meets the exacting performance demands of the world's leading automobile manufacturers. Philips' TEF6860 tuner IC alleviates many of the annoying reception prob ... Continue reading
Sunrise, FL January 28, 2003; SpeedSource announced today that they would be mounting season long campaigns with two Porsche GT3 Cup cars in the Grand Sports I class as well as a Porsche Boxster in the Sports Touring I class. In addition the SpeedSource fleet of yellow Porsches may swell as large as six cars at select ... Continue reading
Super Bowl XXXVII Proves Twice as Deadly to Web Traffic as Friday's Worm
OREM, Utah, Jan. 27 -- When it comes to having a negative affect on web traffic, the worm virus that hit the Internet late Friday was bad but Super Bowl XXXVII was worse. According to an independent report from leading enterprise web analytics provider Omniture, the worm virus that wreaked havoc on the Internet last Fr ... Continue reading
Restored Rosa Parks Bus Media Preview at Henry Ford Museum on Friday, Jan 31
After five months of restoration, Henry Ford Museum will preview the newly restored Rosa Parks bus to media and its members on Friday, January 31 from 6 pm - 9 pm. This is prior to the public unveiling on Saturday, Feb. 1. Remarks and unveiling will be at 7 pm. Interview opportunities will be available as well as an up ... Continue reading
Increased output and efficiency for PSA Peugeot-Citroen’s production base
www.autoindex.org CLICK4MORE Autoindex January 27,2003; Building on strong growth over the past five years, PSA Peugeot-Citroen has embarked on a programme to enhance the efficiency of its production facilities. This initiative, combined with a further increase in output in the coming years, will help to improve profit ... Continue reading
Cummins Inc. Appoints Ravi Venkatesan Vice President- India
COLUMBUS, Ind.--Jan. 28, 2003--Cummins Inc. today announced that Ravi Venkatesan, currently Managing Director - India, has been promoted to Vice President- India. Ravi is responsible for Cummins business in India including the Engine, Power Generation and International Distribution business units. He serves as Chairman ... Continue reading
Dealers Association Continues Exclusivity For Cobalt e-Business Package
SEATTLE--Jan. 28, 2003-- Cobalt Earns Exclusive NADA Endorsement for Fourth Straight Year The Cobalt Group today announced that the National Automobile Dealers Association (NADA) has renewed its exclusive endorsement of Cobalt's comprehensive e-business packages for the fourth consecutive year. Cobalt, the leading prov ... Continue reading
Mitsubishi Electric Joins FlexRay and Safe-by-Wire Consortia
SUNNYVALE, Calif.--Jan. 28, 2003--The Electronic Device Group of Mitsubishi Electric & Electronics USA, Inc., today announced that its parent, Mitsubishi Electric Corporation, has joined both the FlexRay(TM) and the Safe-by-Wire consortia. Mitsubishi Electric joined these consortia as part of its continuing commitment ... Continue reading
Monaco Coach Corporation Reports Fourth Quarter and Fiscal Year 2002 Results
COBURG, Ore., Jan. 28 /PRNewswire-FirstCall/ -- Monaco Coach Corporation today reported revenue and earnings for its fourth quarter and fiscal year ended December 28, 2002. Fourth quarter revenue increased approximately 15% to $300.7 million, versus $261.6 million for the same period a year ago. Operating income for th ... Continue reading
Renault Trucks Receives Order for 2,820 Trucks
GOTEBORG, Sweden, Jan. 28, 2003; AB Volvo's subsidiary, Renault Trucks, has received an order from the French Armed Forces covering delivery of 2,820 trucks. The order is estimated at a value of EUR 160 M (about SEK 1.5 billion) during a five-year period. The trucks ordered, the GBC 180 model, will be manufactured at R ... Continue reading
Japan December Auto Output Up 12.9%
TOKYO, Jan 28, 2003; Reuters reported that Japan's domestic vehicle production rose 12.9 percent in December from a year earlier to 824,423 vehicles, the Japan Automobile Manufacturers Association said on Tuesday. For 2002, output grew 4.9 percent to 10,257,690 vehicles. Production of passenger cars rose for the first ... Continue reading
Michelin To Buy 10% Of South Korea Tire Maker
SEOUL, Jan 28, 2003; Reuters reports that global tire maker Michelin said on Tuesday it would buy a 10 percent stake in South Korea's Hankook Tire to establish a strategic alliance. Hankook is one of the largest tyre makers in South Korea, which ranks as the world's fifth-largest producer of automobiles behind the Unit ... Continue reading
Cellphones "blind" drivers, U.S. study shows
WASHINGTON, Jan 27, 2003; Maggie Fox writing for Reuters reports that drivers who use a cellular telephone, even with a "hands-free" device, suffer from a kind of tunnel vision that endangers themselves and others, U.S. researchers said on Monday. Legislation that seeks to make mobile telephone use by drivers safer by ... Continue reading
Global Telematics Introduces Revolutionary GPS Product, GeoTracer
IRVINE, Calif. Jan. 27, 2003; Global Telematics, Inc., experts in Global Positioning System (GPS) technology, has introduced GeoTracer(TM), an innovative satellite-based vehicle tracking system. GeoTracer(TM) allows individuals and fleet owners to track and manage vehicles with the ease and convenience of a user-friend ... Continue reading
Fiat, Peugeot Extend Joint Vehicle Accord To 2017
MILAN, January 27, 2003; Dow Jones reported that Fiat SpA Monday announced an accord with Peugeot SA to collaborate on the development and production of light commercial vehicles. The deal, announced by Fiat Auto Chief Executive Giancarlo Boschetti and PSA Peugeot Citroen Chairman Jean-Martin Folz, prolongs an existing ... Continue reading
Moller International Puts M400 Skycar Prototype Up for Sale
DAVIS, Calif., Jan. 27, 2003; /PRNewswire-FirstCall/ -- Moller International (OTC: MLER - News) announced recently that its original four-passenger M400 prototype Skycar is being offered for sale on eBay. The auction is anticipated to start on 31 January 2003. The Skycar is a new type of aircraft, which the Federal Avi ... Continue reading
Jaguar's UK plant suspends X-type output
LONDON, Jan 28, 2003; Reuters reported that Ford Motor Co.'s Jaguar UK automobile plant is to suspend production of its X-type model for up to three weeks because global economic and political uncertainty has cut sales, the Guardian newspaper said on Tuesday. Jaguar Corporate affairs manager David Crisp told the newspa ... Continue reading
Bandag Announces Fourth Quarter and Full Year 2002 Results
MUSCATINE, Iowa, Jan. 27 -- Bandag, Incorporated today announced consolidated net income of $17.5 million, or $0.91 per diluted share, for the fourth quarter 2002. This is an increase of $0.1 million from fourth quarter 2001 reported net income of $17.4 million, or $0.84 per diluted share. Effective January 1, 2002, th ... Continue reading
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