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January 2003

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Friday, January 31, 2003

GM Chief Vows to Stick to Incentives

GM Chief Vows to Stick to Incentives

SAN FRANCISCO January 31, 2003; Justin Hyde writing for Reuters reported that the head of General Motors Corp. vowed on Friday that the world's largest automaker will stick to its strategy of boosting sales through aggressive incentives, saying it was good for GM and the industry. Chairman-elect and Chief Executive Ric ... Continue reading

Hyundai planning several new models for U.S.

Hyundai planning several new models for U.S.

SAN FRANCISCO, Jan 31, 2003; Reuters reported that Hyundai Motor Co. Ltd.'s (KSE:05380.KS - News) plans for expansion in the United States could include adding pickups, full-size sport utility vehicles and luxury cars to its lineup, Hyundai Chairman and Chief Executive Officer D.J. Kim said on Friday. Kim, speaking fro ... Continue reading

Corporate Profile for ALLETE, Inc./Minnesota Power, dated January 31, 2003

Corporate Profile for ALLETE, Inc./Minnesota Power, dated January 31, 2003

--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. Published Date: January 31, 2003 Company Name: ALLETE, Inc./ ... Continue reading

Honda Motor Co., Ltd. Reports Unaudited Consolidated Financial Results For the Fiscal Third Quarter and the Nine Months Ended December 31, 2002

Honda Motor Co., Ltd. Reports Unaudited Consolidated Financial Results For the Fiscal Third Quarter and the Nine Months Ended December 31, 2002

TOKYO, Jan. 31 -- Honda Motor Co., Ltd. today announced its unaudited consolidated financial results for the fiscal third quarter and the nine months ended December 31, 2002. Third Quarter Results Honda's consolidated net income for the fiscal third quarter ended December 31, 2002 totaled JPY 115.1 billion (USD 961 mil ... Continue reading

Hydrogen-Fueled Vehicles - Why Wait Sixteen Years?

Hydrogen-Fueled Vehicles - Why Wait Sixteen Years?

SAN JOSE, Calif., Jan. 31 -- The following was released today by Joerg Dittmer, Industry Analyst for Frost & Sullivan's Transportation group: In four sentences of his State of the Union address, President George Bush endorsed fuel-cell electric vehicles powered by hydrogen. "The first car driven by a child born today c ... Continue reading

AAA Texas: Weekend Gas Watch; Statewide Average Moves Upward

AAA Texas: Weekend Gas Watch; Statewide Average Moves Upward

HOUSTON--Jan. 31, 2003--Gasoline prices throughout Texas cities fluctuated slightly compared to a week ago, with movement being mostly upward, according to the Weekend Gas Watch, compiled by AAA Texas. The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips. The statewide ... Continue reading

Air Products Applauds President Bush's Statements for Increased Research Funding and Push for Clean Hydrogen Energy

Air Products Applauds President Bush's Statements for Increased Research Funding and Push for Clean Hydrogen Energy

Cleaner Air, Energy Independence Will Benefit Environment and Economy LEHIGH VALLEY, Pa., Jan. 31 -- Air Products , the world's largest supplier of merchant hydrogen, said today it accepts the challenge President George W. Bush advanced in his State of the Union Address calling for clean, hydrogen-powered automobiles. ... Continue reading

The Timken Company Declares Quarterly Dividend

The Timken Company Declares Quarterly Dividend

CANTON, Ohio, Jan. 31 -- The board of directors of The Timken Company today declared a quarterly cash dividend of 13 cents per share. The dividend is payable on March 4, 2003 to shareholders of record as of February 14, 2003. It will be the 323rd consecutive dividend paid on the common stock of the company. The Timken ... Continue reading

Kia Hires Anders Franson as Director, Planning and Franchise Development

Kia Hires Anders Franson as Director, Planning and Franchise Development

Industry Veteran to Oversee Ambitious Circle of Excellence Program IRVINE, Calif., Jan. 31 -- Anders Franson, with extensive international experience in the automotive industry, has been hired by Kia Motors America (KMA) as director, planning and franchise development, reporting to Scott Pickard, vice president, sales. ... Continue reading

Live Product Installations Will Heat Up SEMA Spring Expo Action Center

Live Product Installations Will Heat Up SEMA Spring Expo Action Center

FOR IMMEDIATE RELEASE Media Contacts: Rosemarie Kitchin, rosemariek@sema.org SEMA 909/396-0289, ext.104 Lisa Guth, lisag@sema.org SEMA 909/396-0289, ext. 181 LIVE PRODUCT INSTALLATIONS WILL HEAT UP SEMA SPRING EXPO ACTION CENTER Demonstrations Will Show Profit Opportunities in Real Time DIAMOND BAR, Calif. (Jan. 30, 20 ... Continue reading

The Timken Company Nominates New Board Member

The Timken Company Nominates New Board Member

CANTON, Ohio, Jan. 31 -- At a regular meeting of The Timken Company's board of directors, General Joseph W. Ralston, USAF, Retired, was nominated for membership on the board and will stand for election at the annual shareholders' meeting on April 15. General Ralston, 59, has been serving as commander, U.S. European Com ... Continue reading

ARGO Data Resource Corporation Announces Strategic Alliance With Bankers Integration Group, Inc.

ARGO Data Resource Corporation Announces Strategic Alliance With Bankers Integration Group, Inc.

SAN FRANCISCO, Jan. 31 -- ARGO Data Resource Corporation (ARGO), a market leader that provides automated retail delivery and lending systems for financial services companies, announced today that it will enter into a strategic alliance with Bankers Integration Group, Inc. ("BIG"), to deliver a seamless process for auto ... Continue reading

BMW WilliamsF1 Team - Car Launch

BMW WilliamsF1 Team - Car Launch

If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email /f ... Continue reading

Corporate Profile for Microphonics Inc., dated Jan. 31, 2003

Corporate Profile for Microphonics Inc., dated Jan. 31, 2003

--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. Published Date: Jan. 31, 2003 Company Name: Microphonics Inc ... Continue reading

Eaton Completes Purchase of Electrical Division of Delta plc

Eaton Completes Purchase of Electrical Division of Delta plc

CLEVELAND--Jan. 31, 2003--Diversified industrial manufacturer Eaton Corporation today announced that it completed its previously announced acquisition of the electrical division of London-based Delta plc (LSE:DLTA). The transaction was announced Dec. 9, 2002 for 130 million Pounds Sterling ($215 million at the current ... Continue reading

Jacobs Vehicle Systems(TM) Achieves Quality Management System Registration As Compliant with QS9000

Jacobs Vehicle Systems(TM) Achieves Quality Management System Registration As Compliant with QS9000

A Sign of Continuous Improvement Culture at JVS BLOOMFIELD, Conn., Jan. 31 -- Jacobs Vehicle Systems(TM) (http://www.jakebrake.com -- a wholly-owned subsidiary of Danaher Corporation) known for its famous Jake Brake(R) engine retarders and valve actuation systems today announces that their Quality Management System has ... Continue reading

JoyRide Studios Releases First MechWarriors(R) 3D Collectible Figures

JoyRide Studios Releases First MechWarriors(R) 3D Collectible Figures

GLEN ELLYN, Ill., Jan. 31 -- JoyRide Studios, a brand of Racing Champions Ertl , announced today that it has released its first MechWarrior scale-model articulated collectible figures under terms of an exclusive licensing agreement reached last year with WizKids, a Seattle-based developer and publisher of fantasy games ... Continue reading

Oshkosh Truck Shareholders' Meeting to be Webcast on February 4

Oshkosh Truck Shareholders' Meeting to be Webcast on February 4

OSHKOSH, Wis.--Jan. 31, 2003--Oshkosh Truck Corporation , a leading manufacturer of specialty trucks and truck bodies, will webcast its regularly scheduled annual shareholders' meeting on Tuesday, February 4, 2003, at 11:00 a.m. EST. The webcast is open to the public. After adjournment of the meeting, Robert G. Bohn, O ... Continue reading

Probex Reports Major Project Finance Development

Probex Reports Major Project Finance Development

DALLAS--Jan. 31, 2003--Probex Corp. (AMEX:PRB), a technology based, renewable resource company today reported that it has approximately $26.4 million in debt that becomes due on February 28, 2003 and currently does not have the ability to repay this debt when due. The company is continuing to work with potential projec ... Continue reading

QUANTUM Announces Close of Over-Allotment Option In Connection With Public Equity Offering

QUANTUM Announces Close of Over-Allotment Option In Connection With Public Equity Offering

IRVINE, Calif., Jan. 31 -- QUANTUM Fuel Systems Technologies Worldwide, Inc. , announced today that it has closed the sale of 525,000 shares of its common stock pursuant to the underwriters' over-allotment option in connection with its recent public equity offering. The shares were sold at the public offering price of ... Continue reading

Shell to Give Lucky Hawaii Resident $10,000 in Free Gas; Shell Celebrates 75 Years in Hawaii

Shell to Give Lucky Hawaii Resident $10,000 in Free Gas; Shell Celebrates 75 Years in Hawaii

HONOLULU, Jan. 31 -- Where would you go if you had $10,000 in free gas? On Saturday, February 1, 2003, one lucky Shell customer will face that very question when 10 finalists from a Shell Oil Products US sweepstakes in Hawaii gather at a local Shell station for the opportunity to WIN $10,000 IN FREE GAS. Each finalist ... Continue reading

Simula Says Products Are Compatible With Possible New Federal Safety Standards

Simula Says Products Are Compatible With Possible New Federal Safety Standards

TEMPE, Ariz.--Jan. 31, 2003--Simula Inc. (AMEX:SMU) said that widely discussed possible new federal automotive safety regulations may expand the market for the Company's products and technologies that provide side-impact protection. On Wednesday, January 30, The New York Times reported that proposals under consideratio ... Continue reading

Timken Enhances Distribution Efforts to China Through New Center in Shanghai

Timken Enhances Distribution Efforts to China Through New Center in Shanghai

CANTON, Ohio, Jan. 31 -- The Timken Company, a worldwide leader in bearings and alloy steel, announced today that it has established a distribution center in Shanghai, China. Timken Engineered Products Shanghai Co., Ltd. will import Timken(R) and other manufacturers' products to China from around the world and become a ... Continue reading

Credit Acceptance Announces: 4th Quarter Earnings; 2002 Earnings

Credit Acceptance Announces: 4th Quarter Earnings; 2002 Earnings

SOUTHFIELD, Mich.--Jan. 31, 2003--Credit Acceptance Corporation announced consolidated net income for the three months ended December 31, 2002 of $5,406,000 or $0.13 per diluted share compared to $7,240,000 or $0.17 per diluted share for the same period in 2001. For the year ended December 31, 2002, consolidated net in ... Continue reading

Decoma announces bid to acquire Peguform France's fascia operations

Decoma announces bid to acquire Peguform France's fascia operations

CONCORD, ON, Jan. 31 -- Decoma International Inc. (TSX:DEC.A; NASDAQ:DECA) today announced that it has submitted an initial bid to the Official Receivers of Peguform France S.A.S. ("Peguform") to purchase the fascia manufacturing business and fixed and intangible assets of Peguform located in France for an aggregate as ... Continue reading

Eagle-Picher Holdings, Inc. Announces Audited Results for Fiscal Year 2002 and Reaffirms Outlook for 2003

Eagle-Picher Holdings, Inc. Announces Audited Results for Fiscal Year 2002 and Reaffirms Outlook for 2003

PHOENIX, Jan. 31 -- Eagle-Picher Holdings, Inc. announces its audited Fiscal Year ("FY") 2002 financial results, which ended November 30, 2002, and reports net sales of $707.1 million, down $18.7 million, or 2.6%, from $725.8 million in FY 2001. These amounts include reclassifications, aggregating an increase of $25.9 ... Continue reading

Federal-Mogul Reaches Agreement in Principle With All Major U.S. Creditor Constituencies

Federal-Mogul Reaches Agreement in Principle With All Major U.S. Creditor Constituencies

SOUTHFIELD, Mich., Jan. 31 -- Federal-Mogul Corporation (OTC Bulletin Board: FDMLQ) today announced it has reached an agreement in principle with its major U.S. creditor constituencies to the terms of a consensual plan of reorganization. The Official Committee of Unsecured Creditors, the Official Committee of Asbestos ... Continue reading

Imperial Parking's Special Committee Retains Blackstone Group as Financial Advisor

Imperial Parking's Special Committee Retains Blackstone Group as Financial Advisor

VANCOUVER, British Columbia--Jan. 31, 2003-- Imperial Parking Corporation (AMEX:IPK) announced that the Special Committee of its Board of Directors has engaged The Blackstone Group L.P., a leading global investment and advisory firm, as its independent financial advisor. As previously announced, the Special Committee w ... Continue reading

Motion Industries Wins Sales Training Excellence Award from Progressive Distributor Magazine

Motion Industries Wins Sales Training Excellence Award from Progressive Distributor Magazine

BIRMINGHAM, Ala.--Jan. 31, 2003--Motion Industries, Inc., a wholly-owned subsidiary of Genuine Parts Company has received the 2003 Sales Training Excellence Award from Progressive Distributor magazine. According to a January 2003 article in Progressive Distributor, the award is in recognition of Motion Industries' long ... Continue reading

Myers Industries Announces Annual Meeting Date

Myers Industries Announces Annual Meeting Date

AKRON, Ohio--Jan. 31, 2003--Myers Industries, Inc. today announced that the Company's Annual Meeting of Shareholders will be held Wednesday, April 23, 2003, at 9 a.m. Eastern time, at the Louis S. Myers Training Center, located at 1554 South Main Street in downtown Akron. The Board of Directors, at a meeting held Decem ... Continue reading

Risi Competizione - Daytona final practice

Risi Competizione - Daytona final practice

2003 Rolex 24 at Daytona Daytona International Speedway final practice, Friday 31 January Risi Competizione participated in only the final practice for the Rolex 24 at Daytona on Friday, choosing to spend the morning changing the engine and gearbox on the No. 35 Ferrari 360 Modena GT. The field was set by first qualify ... Continue reading

Your Used Car Will Do Just Fine, Says National Kidney Foundation of Georgia

Your Used Car Will Do Just Fine, Says National Kidney Foundation of Georgia

ATLANTA, Jan. 31 -- For kidney patients, an ambulance isn't the only life-saving vehicle. Most of us have seen those rescue shows on TV where an accident occurs and the ambulance arrives just in time to save someone's life. Now, take a look out in your driveway. If you see a used car or boat you've been thinking of tra ... Continue reading

NHRA Pre Race: KJ Aims to Make His New Look a Winner in Pomona

NHRA Pre Race: KJ Aims to Make His New Look a Winner in Pomona

(Note: Pictures of Kurt's new ACDelco Cavalier are available in jpeg format upon request.) Contact: Jon G. Knapp TMG Sports Marketing Phone: (704) 662-3121 jgknapp@tmgsports.net KJ Aims to Make His New Look a Winner in Pomona ACDelco Cavalier to debut dynamic new Sam Bass paint scheme at Season-opening Winternationals ... Continue reading

Michael Andretti To Retire

Michael Andretti To Retire

Indianapolis, Indiana January 31, 2003; Steve Herman writing for the AP reported that former CART champion Michael Andretti will retire as a driver after the Indianapolis 500 in May to concentrate on being a car owner. The 40-year-old son of former Indy winner Mario Andretti bought the former Team Green last fall and b ... Continue reading

Z4 Drive Debuts at BMW Performance Center; New Driving Program Features Twisty Back Road Drive

Z4 Drive Debuts at BMW Performance Center; New Driving Program Features Twisty Back Road Drive

SPARTANBURG, S.C., Jan. 31 -- In the BMW tradition of open-air driving pleasure comes the spring debut of a sophisticated, new driving experience: The Z4 Drive. The first BMW Performance Center driving course to feature roadsters exclusively, the Z4 Drive curriculum offers a variety of driving experiences behind the wh ... Continue reading

Ward's Reports North American Vehicle Estimated Production

Ward's Reports North American Vehicle Estimated Production

SOUTHFIELD, Mich., Jan. 31 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 348,520 units, up from the 300,581 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now totals 1,447,021 ... Continue reading

Newgen Introduces 'Sales Channel'

Newgen Introduces 'Sales Channel'

Launches New Tool for Automotive Dealers SAN DIEGO, Jan. 31 -- Newgen Results Corporation, a wholly owned subsidiary of TeleTech Holdings, Inc. today announced the launch of Sales Channel, an innovative new solution that provides automotive dealerships with consistent, professional follow up inquiries to increase the n ... Continue reading

GM BuyPower Had A Berry Berry Good Year

GM BuyPower Had A Berry Berry Good Year

FOR RELEASE: January 31, 2003 DETROIT - General Motors sold more vehicles than any other manufacturer in 2002, results that were bolstered by a record-setting performance from GM's online shopping and buying service, GM BuyPower. GM BuyPower sent more than 1 million sales leads to GM dealers last year, an increase of m ... Continue reading

Renault, Nissan 2002 car unit sales up 2.9 pct

Renault, Nissan 2002 car unit sales up 2.9 pct

PARIS, Jan 31, 2003; Reuters reported that French carmaker Renault SA said on Friday that it and partner Nissan saw a 2.9 percent increase in car unit sales in 2002, bringing their share of the global car market to 9.1 percent. ... Continue reading

United Defense Announces Executive Appointments

United Defense Announces Executive Appointments

ARLINGTON, Va.--Jan. 27, 2003--United Defense Industries, Inc. today announced the appointment of a former commanding general, United States Army Forces Command, Jay Hendrix, as its Vice President of Marketing and Business Development, succeeding Dennis Wagner in that position. Hendrix brings 35 years of experience and ... Continue reading

Cummins Corrects Ravi Venkatesan News Release

Cummins Corrects Ravi Venkatesan News Release

-- In BW2229, (IN-CUMMINS) Cummins Inc. Appoints Ravi Venkatesan Vice President- India, second graph, second sentence should read xxx He serves as Chairman of Cummins India Ltd. (sted Chairman and Managing Director). Also the second graph, third sentence should read xxx He is also Managing Director of Tata Cummins Ltd. ... Continue reading

Cummins Inc. Appoints Ravi Venkatesan Vice President- India

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

New Infiniti G35 Debuts No. 2 on LeaseCompare.com Top 10 List

New Infiniti G35 Debuts No. 2 on LeaseCompare.com Top 10 List

News Release: CINCINNATI, Jan. 28 -- Automobile Consumer Services, Inc. ACS), an innovator in online direct-to-consumer auto leasing, today released a list of the top 10 most requested vehicles from its popular auto leasing website www.LeaseCompare.com for the fourth quarter of 2002. The hot new Infiniti G35 debuted at ... Continue reading

Outdoor Life Network Announces 12 Athletes Who Will Attempt to Earn Place On Mount Everest Summit Team in New Adventure Series ...

Outdoor Life Network Announces 12 Athletes Who Will Attempt to Earn Place On Mount Everest Summit Team in New Adventure Series ...

"Global Extremes: Mt. Everest - 4Runners of Adventure" STAMFORD, Conn., Jan. 28 -- Outdoor Life Network announced the 12 participants who will move on to Kalahari: Northern Cape, South Africa in the new original adventure series, "Global Extremes: Mt. Everest - 4Runners of Adventure" on Monday, January 27th at 10:00 PM ... Continue reading

Hallmark Completes Phoenix Indemnity Acquisition

Hallmark Completes Phoenix Indemnity Acquisition

DALLAS, Jan. 29 -- Hallmark Financial Services, Inc. (Amex: HAF.EC) ("Hallmark") today announced the completion of its previously announced acquisition of Phoenix Indemnity Insurance Company ("Phoenix Indemnity"), an Arizona based non-standard automobile insurance company, from Millers American Group, Inc. ("Millers"). ... Continue reading

Prab Reports 2002 Results

Prab Reports 2002 Results

KALAMAZOO, Mich.--Jan. 29, 2003--Prab, Inc. (OTC:PRAB) reports sales of $12,942,000 and a net profit of $146,000 for the year ended October 31, 2002. These results compare with sales of $14,847,000 and a net profit of $542,000 in the same period a year ago. The order backlog of $2,899,000 at October 31, 2002 compares w ... Continue reading

Progressive's ProLeads(R) Referrals Program Achieves Milestone -- 50,000 Policy Sales Through Independent Agents

Progressive's ProLeads(R) Referrals Program Achieves Milestone -- 50,000 Policy Sales Through Independent Agents

MAYFIELD VILLAGE, Ohio, Jan. 29 -- Launched in May 2001, Progressive's ProLeads(R) Referrals Program, which provides sales leads to independent agents around the country, has helped agents sell 50,000 new insurance policies, according to agent-reported sales data. These new policies represent at least $40 million in wr ... Continue reading

UAW's Gettelfinger Says Bush Proposals to Privatize Social Security And Medicare Are 'Unsafe, Unsound, and Unacceptable'

UAW's Gettelfinger Says Bush Proposals to Privatize Social Security And Medicare Are 'Unsafe, Unsound, and Unacceptable'

DETROIT, Jan. 29 -- UAW President Ron Gettelfinger said today that proposals to privatize Social Security and Medicare made by President Bush during his State of the Union speech are "unsafe, unsound and unacceptable." "The stock market decline of recent years -- which has cost American families trillions of dollars wo ... Continue reading

CCC Information Services Group Inc. Announces Fourth Quarter Earnings Webcast

CCC Information Services Group Inc. Announces Fourth Quarter Earnings Webcast

CHICAGO--Jan. 29, 2003--CCC Information Services Group Inc. , through its wholly owned subsidiary CCC Information Services Inc., a leading provider of business solutions to the automobile claims industry, today announced they will be hosting a live Webcast to discuss the fourth quarter 2002 earnings results. The Webcas ... Continue reading

Budget Offers Cure for Cabin Fever with Nationwide Getaway Rates Starting at $25 Per Day

Budget Offers Cure for Cabin Fever with Nationwide Getaway Rates Starting at $25 Per Day

Florida-Only Rates Just $22 per day on weekends and $119 per week PARSIPPANY, N.J., Jan. 30 -- If the cold weather and cabin fever have got you down, Budget has a great deal on a getaway car. Now through March 31, Budget Rent A Car is offering special nationwide rates on mid-size cars for $25.00 per weekend day and $13 ... Continue reading

Delphi Signs Services and Technology Agreement with HP; HP Managed Services, Enterprise Servers and Storage Support Delphi's Global SAP Solutions

Delphi Signs Services and Technology Agreement with HP; HP Managed Services, Enterprise Servers and Storage Support Delphi's Global SAP Solutions

PALO ALTO, Calif.--Jan. 30, 2003--The world's largest automotive supplier, Delphi Corporation , has signed a services and technology agreement with HP . Under the terms of the multi-year agreement, HP will support Delphi's SAP(R) solutions for North America and Singapore from an HP data center in Toronto, Canada. Twent ... Continue reading

Motion Industries Announces New Industrial Automation Position

Motion Industries Announces New Industrial Automation Position

BIRMINGHAM, Ala.--Jan. 30, 2003--Motion Industries, the world's largest distributor of bearings, mechanical, electrical, hydraulic, and pneumatic replacement parts, and hose products has named Jim Williams corporate director, Industrial Automation, according to Ralph Buntyn, Motion Industries' senior vice president mar ... Continue reading

Schumacher Racing Heads into 2003 with Expanded Funny Car team

Schumacher Racing Heads into 2003 with Expanded Funny Car team

DON SCHUMACHER RACING NHRA POWERade Drag Racing Series Contact: Judy Stropus, 203-438-0501, fax 203-431-4139 SCHUMACHER RACING HEADS INTO POMONA AND 2003 WITH EXPANDED FUNNY CAR EFFORT INDIANAPOLIS, Ind. (January 30, 2003) -- With the addition of Gary Scelzi in the Oakley Time Bomb Dodge Stratus R/T Funny Car to its ex ... Continue reading

Texas Tree Would Stand Tall on New Texas License Plates

Texas Tree Would Stand Tall on New Texas License Plates

AUSTIN, Texas--Jan. 30, 2003--Quick: name the state tree. Give up? It's the pecan, and soon Texans may be able to sport its picture on their license plates. State Representative Edmund Kuempel (R, Seguin) and State Senator Florence Shapiro (R, Plano) have both filed bills that would establish a specialized license plat ... Continue reading

Asbury Automotive selects F&I Menu Wizard(TM)

Asbury Automotive selects F&I Menu Wizard(TM)

ST. LOUIS, Jan. 30 -- Asbury Automotive Group Inc , one of the largest automotive retailers in the U.S., has selected the F&I Menu Wizard(TM) by software provider DealerWare LLC for its group-wide Menu Selling solution. Tom McCollum, Asbury's Vice President commented, "Asbury was very diligent in its search for the bes ... Continue reading

Baldor Electric Company Announces 2002 Year-End Audited Results

Baldor Electric Company Announces 2002 Year-End Audited Results

FORT SMITH, Ark., Jan. 30 -- Baldor Electric Company markets, designs, and manufactures electric motors, drives, and generators and is based in Fort Smith, Arkansas. Today Baldor announced the results of the fourth quarter of 2002 and the year ended 2002. (in thousands except per share 4th Quarter Year data) 2002 2001 ... Continue reading

Federal-Mogul to Acquire Honeywell's Bendix Friction Materials Business in Exchange for Bankruptcy Court Protection Against Asbestos Liabilities

Federal-Mogul to Acquire Honeywell's Bendix Friction Materials Business in Exchange for Bankruptcy Court Protection Against Asbestos Liabilities

SOUTHFIELD, Mich. and MORRIS TOWNSHIP, N.J.--Jan. 30, 2003-- Companies to Seek Establishment of Bankruptcy Trust for the Benefit of Present and Future Asbestos Claimants Federal-Mogul Corp. (OTC Bulletin Board:FDMLQ) today announced it has entered into a letter of intent to acquire Honeywell's Bendix friction materials ... Continue reading

Mitsubishi Motors to Make Pajero Manufacturing Co. Wholly Owned Subsidiary; Continued Focus on Core Business as Part of Ongoing Turnaround

Mitsubishi Motors to Make Pajero Manufacturing Co. Wholly Owned Subsidiary; Continued Focus on Core Business as Part of Ongoing Turnaround

JapanCorp: <http://www.japancorp.net/?page_num=1> Mitsubishi Motors to Make Pajero Manufacturing Co. Wholly Owned Subsidiary; Continued Focus on Core Business as Part of Ongoing Turnaround Tokyo, Japan, Jan. 31, 2003 - (JCN Newswire) - Mitsubishi Motors Corporation (MMC) today announced plansto make Pajero Manufacturin ... Continue reading

LA Auto Club: Gas Prices Continue Upward March

LA Auto Club: Gas Prices Continue Upward March

LOS ANGELES--Jan. 31, 2003--Gasoline prices throughout the Southwest continued their upward trend last week, marking five straight weeks of fuel price increases, according to the Weekend Gas Watch compiled by the Automobile Club of Southern California. The Weekend Gas Watch monitors the average price of gasoline at pop ... Continue reading

Renault and Nissan Post 2.9% Increase in Unit Sales to Over 5.1 Million Vehicles in 2002

Renault and Nissan Post 2.9% Increase in Unit Sales to Over 5.1 Million Vehicles in 2002

JapanCorp: <http://www.japancorp.net/?page_num=1> Renault and Nissan Post 2.9% Increase in Unit Sales to Over 5.1 Million Vehicles in 2002 Tokyo, Japan, Jan. 31, 2003 - (JCN Newswire) - Combined Renault and Nissan sales came to 5,139,505 units in 2002, up 2.9% over 2001. Nissan and Renault sold a total of 2,735,530 and ... Continue reading

PSA/BMW In Engines Building Venture

PSA/BMW In Engines Building Venture

PARIS, Jan 31, 2003; Reuters reports that French carmaker PSA Peugeot Citroen said on Friday it would begin manufacturing its new family of small gasoline engines, developed with BMW, at a new production unit in Douvrin, France at the end of 2005. The new unit, which will be attached to an existing plant that produces ... Continue reading

PPG Names McGee Head of Automotive OEM Glass

PPG Names McGee Head of Automotive OEM Glass

PITTSBURGH--Jan. 30, 2003--Barry J. McGee, vice president, flat glass, has been appointed vice president, automotive original equipment glass, for PPG Industries , effective March 1. McGee replaces Ernest A. Hahn, who is retiring the same day after more than 36 years with the company. "Barry combines extensive experien ... Continue reading

Infineon Redesigns Course to Enhance AMA Safety

Infineon Redesigns Course to Enhance AMA Safety

CUTLINE INFO. FOR ATTACHED JPEG IMAGE: CONSTRUCTON CREWS WORK ON THE 900-FOOT CONNECTOR BETWEEN TURN 8A AND TURN 10 ON THE ROAD COURSE. CONTACT: John Cardinale Infineon Raceway 707-938-8448, xt. 107 Infineon Raceway Begins Safety Enhancements on Three Areas of Track for AMA Superbikes TRACK OFFICIALS USE RIDER INPUT IN ... Continue reading

BorgWarner Supplies Five of Ward's '10 Best Engines 2003'

BorgWarner Supplies Five of Ward's '10 Best Engines 2003'

CHICAGO, Jan. 30 -- Five of the "10 Best Engines 2003" selected by Ward's Auto World -- the Volkswagen 1.8L turbocharged DOHC I-4, the Honda 2L DOHC I-4, the Ford 6L Power Stroke OHV V-8 Turbo Diesel, the Nissan 3.5L DOHC V-6, and the DaimlerChrysler 5.7L Hemi Magnum OHV V-8 -- are equipped with systems and components ... Continue reading

CARFAX Comprehensive Database Shatters the Two Billion Mark for Unique Data Records

CARFAX Comprehensive Database Shatters the Two Billion Mark for Unique Data Records

FAIRFAX, Va.--Jan. 30, 2003--CARFAX, pioneer of the vehicle history report which provides an instant background check on any used vehicle, today announced that they have shattered the two-billion mark for unique vehicle history records in their comprehensive online database. Collected from more than 800 sources includi ... Continue reading

GM To Invest Big Bucks To Build 6 Speed Rear Drive Transmission in Michigan

GM To Invest Big Bucks To Build 6 Speed Rear Drive Transmission in Michigan

FOR RELEASE: January 30, 2003 Ypsilanti, Mich. - General Motors announced today it will invest approximately $300 million in its Willow Run (Mich.) plant to produce a new 6-speed rear-wheel-drive automatic transmission. This new product program will preserve at least 577 jobs at the plant, which employs approximately 4 ... Continue reading

Ceradyne, Inc. to Supply Ford With Ceramic Armor Components for Lincoln Town Car Ballistic Protection Series

Ceradyne, Inc. to Supply Ford With Ceramic Armor Components for Lincoln Town Car Ballistic Protection Series

COSTA MESA, Calif.--Jan. 30, 2003--Ceradyne, Inc. (Company) today announced that the Company has been selected by Ford Motor Company to supply lightweight ceramic armor systems components which will be incorporated into the Lincoln Town Car Ballistic Protection Series (BPS). The components supplied by Ceradyne will inc ... Continue reading

OSRAM SYLVANIA Announces Agreement with New Hampshire International Speedway (NHIS) to Sponsor NASCAR Winston Cup New England 300 Race

OSRAM SYLVANIA Announces Agreement with New Hampshire International Speedway (NHIS) to Sponsor NASCAR Winston Cup New England 300 Race

The "SYLVANIA 300" reinforces company's commitment to SYLVANIA brand and race fans across North America DANVERS, Mass., Jan. 30 -- OSRAM SYLVANIA, one of the world's largest lighting companies, today announced a major agreement with the New Hampshire International Speedway (NHIS), New England's largest sports facility. ... Continue reading

Autobytel Inc. Reports First-ever Profitable Quarter- Net Income $0.5 Million

Autobytel Inc. Reports First-ever Profitable Quarter- Net Income $0.5 Million

IRVINE, Calif.--Jan. 30, 2003--Autobytel Inc. , a leading Internet automotive marketing services company, today announced financial results for its fourth quarter and fiscal year ended Dec. 31, 2002. Highlights for the quarter: -- First profitable quarter with net income totaling $0.5 million on a GAAP basis -- Cash ge ... Continue reading

Motorcycle Show Ready To Cruise Into Ohio

Motorcycle Show Ready To Cruise Into Ohio

SANTA ANA, Calif.--Jan. 30, 2003--The adventure never ends as the Cycle World International Motorcycle Shows(R) Presented by Toyota Trucks get into the groove of the 2003 season at the IX Center on Jan. 31-Feb. 2, 2003. Regarded as the nation's oldest and largest consumer-oriented powersports show series, this once-yea ... Continue reading

SCHUMACHER RACING HEADS INTO POMONA AND 2003 WITH EXPANDED FUNNY CAR EFFORT

SCHUMACHER RACING HEADS INTO POMONA AND 2003 WITH EXPANDED FUNNY CAR EFFORT

Crew chief and co-crew chief assignments clarified. DON SCHUMACHER RACING NHRA POWERade Drag Racing Series Contact: Judy Stropus, 203-438-0501, fax 203-431-4139 INDIANAPOLIS, Ind. (January 30, 2003) -- With the addition of Gary Scelzi in the Oakley Time Bomb Dodge Stratus R/T Funny Car to its existing two-car Funny Car ... Continue reading

Risi Competizione - Daytona first qual

Risi Competizione - Daytona first qual

2003 Rolex 24 at Daytona Daytona International Speedway first qualifying, Thursday 30 January Risi Competizione set the fourth-fastest GT class time during the first qualifying session for this weekend's Rolex 24 at Daytona. Ralf Kelleners posted a lap time of one minute 55.084 seconds on the 3.65-mile Daytona Internat ... Continue reading

Trans-Am Series Kicks off 2003 Season

Trans-Am Series Kicks off 2003 Season

CONTACT: Justin Anderson, 704-348-9400 FOR IMMEDIATE RELEASE January 28, 2003 FLORIDIAN SHOWS OFF TRANS-AM SERIES RIDE, EYES 2003 SEASON ST. PETERSBURG, Fla. &#8249; Bill Bentley of Longwood, Fla. will display his No. 46 Bentley Architects & Engineering, Inc. Chevrolet Camaro Trans-Am Series for the BFGoodrich Tires Cu ... Continue reading

NADA convention highlights

NADA convention highlights

San Francisco California January 31, 2003; Some facts regarding the 86th National Automobile Dealers Association convention, Saturday-Tuesday at the Moscone Convention Center in San Francisco: Attendance: Expected to be 25,000. Exhibits: More than 350 covering more than 250,000 square feet of floor space. Featured spea ... Continue reading

Platinum soars on Bush call for fuel cell funding

Platinum soars on Bush call for fuel cell funding

LONDON, Jan 30, 2003; Steven Swindells writing for Reuters reported that platinum soared to its highest price in nearly 17 years on Thursday, boosted by U.S. President George W. Bush's call for more research into fuel cell technology. Spot platinum traded at $673.00 an ounce, hitting levels not seen since September, 19 ... Continue reading

DaimlerChrysler cautious on Ontario for new plant

DaimlerChrysler cautious on Ontario for new plant

TORONTO, Jan 30, 2003; Scott Anderson writing for Reuters reports that DaimlerChrysler will look outside Ontario to build a state-of-the-art auto plant if it can't be sure a Canadian plant will pay, the head of the firm's Chrysler division said on Thursday. Dieter Zetsche, president and chief executive of the Chrysler ... Continue reading

Federal-Mogul Seals Its Reputation As System Supplier On DaimlerChrysler 5.7-Liter HEMI(R) Magnum V-8 Engine

Federal-Mogul Seals Its Reputation As System Supplier On DaimlerChrysler 5.7-Liter HEMI(R) Magnum V-8 Engine

SOUTHFIELD, Mich., Jan. 30 -- That thing got a HEMI(R)? If so, it also has a complete sealing system designed and manufactured by Federal-Mogul Corporation. The DaimlerChrysler 5.7-liter HEMI Magnum V-8 engine reflects a systematic approach to sealing, integrating premium elastomeric materials and state-of- the-art man ... Continue reading

Ford Offers $5,000 Scholarships to High School Students in Western States

Ford Offers $5,000 Scholarships to High School Students in Western States

DEARBORN, Mich., Jan. 30 -- Continuing their support of rural communities, Ford and its dealers are looking for 250 students to receive $5,000 from the 2003 "Ford Country Scholars" program. Ford Country Scholars is a three-year program that provides scholarships to high school juniors and seniors in 11 Western states w ... Continue reading

Panoz to Provide Premium Behind-the-Wheel Instruction for SAFEDRIVE Students

Panoz to Provide Premium Behind-the-Wheel Instruction for SAFEDRIVE Students

DULUTH, Ga., Jan. 30 -- SAFEDRIVE technologies, Inc., the company that's revolutionizing driver training and education, today announced a partnership with Panoz Racing School that will provide a premium driver training option for students in the metro Atlanta area. SAFEDRIVE better prepares teen drivers with unique, st ... Continue reading

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