Cascade Corporation Directors Approve Quarterly Dividend
PORTLAND, Ore.--Feb. 27, 2003--Cascade Corporation, , Robert C. Warren, Jr., President and Chief Executive Officer of Cascade Corporation announced that the Board of Directors has declared a quarterly dividend of $.10. The dividend will be paid on April 11, 2003 to shareholders of record on March 28, 2003. Forward Look ... Continue reading
DaimlerChrysler Comments on Tracinda Statement Regarding English High Court Ruling
STUTTGART, Germany and NEW YORK, Feb. 27 -- DaimlerChrysler AG issued the following statement commenting on Tracinda Corporation's inflammatory response to today's decision by the High Court of Justice Queen's Bench Division regarding the release of a Financial Times tape. (Logo: http://www.newscom.com/cgi-bin/prnh/200 ... Continue reading
TORONTO--Feb. 27, 2003-- Toyota Canada, ABB Canada, & ATI Assembly Technologies Join Thinkpath's List of Clients Thinkpath Inc., (OTCBB:THTHF), a market leader in Engineering Knowledge Management solutions, announced today that it has received an aggregate of over $500,000 in contracts from three new clients. Toyota Ca ... Continue reading
Westcorp to Present at Investor Conference
IRVINE, Calif.--Feb. 27, 2003--Westcorp , the financial services holding company whose principal subsidiaries are WFS Financial and Western Financial Bank, will be presenting at the Wall Street Analyst Forum's Institutional Investor Conference in New York on March 5 at 8:20 a.m. EST. Tom Wolfe, president, and Lee Whatc ... Continue reading
GM to Trim Production of Saturns
DETROIT February 27, 2003; Michael Ellis writing for Reuters reported that General Motors Corp. on Thursday said it will cut back production of its slow-selling Saturn small- and mid-size cars by shutting the two plants where the cars are assembled for two weeks in March. The Saturn L Series, the division's first entry ... Continue reading
Dodge Unleashes 500 HP Viper-Powered Dodge Ram SRT-10 Concept
EDMONTON, AB, Feb. 27, 2003; DaimlerChrysler Canada introduced its 500 HP concept truck that may well become the most powerful production light duty pickup in the world. The Dodge Ram SRT-10 Concept makes its Canadian debut at the Edmonton International Auto Show today. If it's worth doing, it's sometimes worth overdoi ... Continue reading
Delphi Division Books More Than $117 Million in Fuel Handling Business In January
TROY, Mich., Feb. 27 -- Delphi Corporation's Energy & Chassis Systems division announced today that, in January, it booked business worth more than $117 million to supply fuel pumps and fuel sender assemblies to several OEMs and suppliers in North America. "We have an extensive portfolio of fuel handling, emissions and ... Continue reading
WASHINGTON, Feb. 27 -- As tight supplies and fears of war with Iraq push prices for oil and gasoline to their highest levels since the Persian Gulf War, the Alliance to Save Energy offers consumers tips to cut their gasoline usage and costs: * Show the love -- to your vehicle. Keep your car properly tuned up, and chang ... Continue reading
Management changes in Ducati Motor Holding
Bologna, Italy, February 27 -- - Appointments in commercial management Ducati Motor Holding S.p.A. , a leading manufacturer of high performance motorcycles, today announced important changes in the commercial area. Today Michael Lock, former Country Manager of Ducati UK, was appointed Country Manager of Ducati North Am ... Continue reading
Prestolite Electric Reports Results for 2002
ANN ARBOR, Mich.--Feb. 27, 2003--Prestolite Electric Incorporated and its parent, Prestolite Electric Holding, Inc., today announced that 2002 sales of $167.3 million had generated EBITDA (earnings before interest, taxes, depreciation, amortization and the special items discussed below) of $25.4 million and net income ... Continue reading
Chrysler Group Conference Call to Announce February 2003 Sales
WHAT: Telephone conference call to discuss Chrysler Group's February sales WHO: Gary Dilts, Senior Vice President - Sales Mark Norman, Vice President - Sales and Marketing Operations WHEN: Monday, March 3, 2003 -- 3:30 p.m. to 4:00 p.m. EST WHERE: Teleconference: 1-888-566-9235 Domestic Teleconference: 1-610-769-3316 I ... Continue reading
UAW Members Demonstrate at Saint-Gobain Headquarters In Valley Forge, Pennsylvania
VALLEY FORGE, Pa., Feb. 27 -- UAW members from two plants owned by Saint-Gobain, a French-owned manufacturing conglomerate, demonstrated today outside the company's North American headquarters in Valley Forge, Pennsylvania. The demonstration highlighted efforts by members of UAW Local 4069 to win a first contract at th ... Continue reading
Dealix Corporation Ranked #1 Internet Sales Lead Provider by Auto Dealers
PALO ALTO, Calif., Feb. 27 -- Dealix Corporation, the market expert and leader in automotive Internet marketing services, was rated the number one sales lead provider in an independent multi-criteria survey of 627 dealerships nationwide. Dealers rated the top 11 lead providers in the industry. Dealix ranked number one ... Continue reading
Exide Technologies Earns 'Achieving Excellence' Awards From John Deere
PRINCETON, N.J., Feb. 27 -- Exide Technologies (BULLETIN BOARD: EXDTQ) (www.exide.com ), a global leader in stored electrical-energy solutions, has been recognized once again by Deere & Company for its outstanding supplier performance. John Deere, the world's leading manufacturer of agricultural and forestry equipment; ... Continue reading
Federal-Mogul Updates F-M TEC Aftermarket Training Curriculum for 2003
SOUTHFIELD, Mich., Feb. 27 -- Federal-Mogul TEC, the automotive aftermarket's leading manufacturer-sponsored technical education program, has announced its 2003 schedule of training center-based workshops and in-field seminars for automotive service professionals and engine builders. Based in St. Louis, Mo., the widely ... Continue reading
GEICO Announces Campaign to Help Raise Remaining Funds for Sniper Victims' Families
WASHINGTON, Feb. 27 -- GEICO announced today its partnership with the Victims' Rights Foundation and Inkjets for Charity to help raise funds to assist families of the Washington sniper attacks. GEICO and GEICO associates are donating old cell phones and printer cartridges for recycling in order to raise the remaining $ ... Continue reading
PHOENIX--Feb. 27, 2003--Gisa Holdings Inc., JMG Holdings, LLC and Jack and Marty Gunion, former owners of the Discount Car and Truck Rentals franchise in Maricopa County, Ariz., today announced that they filed a lawsuit in the Superior Court of the State of Arizona (Case No. CV2003-002976), against MAII Holdings Inc. a ... Continue reading
Gordon Parks, Director of 'Shaft,' to Receive DaimlerChrysler's 2003 'Behind the Lens' Award
* DaimlerChrysler recognizes Hollywood's 'Behind the Lens' artists * Pioneer in Black filmmaking, Gordon Parks, honored BEVERLY HILLS, Calif., Feb. 27 -- Gordon Parks, an award-winning photographer, author and director of the original movie "Shaft," will receive the DaimlerChrysler "Behind the Lens" Award on Sunday, Ma ... Continue reading
Microtune Sues Broadcom Corporation Alleging Anti-Trust Violations
PLANO, Texas--Feb. 27, 2003--In a petition filed today, February 27, 2003, Microtune(R), Inc. alleges that Broadcom Corporation has engaged in anti-competitive and monopolistic conduct as well as engaging in restraint of trade conduct in violation of the Texas Anti-Trust Act. The lawsuit alleges that Broadcom has engag ... Continue reading
TORONTO--Feb. 27, 2003-- Toyota Canada, ABB Canada, & ATI Assembly Technologies Join Thinkpath's List of Clients Thinkpath Inc., (OTCBB:THTHF), a market leader in Engineering Knowledge Management solutions, announced today that it has received an aggregate of over $500,000 in contracts from three new clients. Toyota Ca ... Continue reading
JACKSON CENTER, Ohio, Feb. 27 -- Thor Industries, Inc. announced today record results for the second quarter and six months ended January 31, 2003. Net income for the quarter was a record $15,369,000, up 100% from $7,678,000 last year. E.P.S. for the quarter were $0.54, double last year's $0.27. Sales for the quarter w ... Continue reading
Union Pacific Corporation Declares Quarterly Dividend of 23 Cents A Share
OMAHA, Neb., Feb. 27 -- The Board of Directors of Union Pacific Corporation has declared a quarterly dividend of 23 cents per share on its common stock, payable April 1, 2003 to stockholders of record March 12, 2003. Union Pacific Corporation is one of America's leading transportation companies. Its principal operating ... Continue reading
United Way's Auto Raffle Raised Awareness and Dollars for Programs Serving Metro Detroit
DETROIT, Feb. 27 -- Three metro Detroit residents were the lucky winners in United Way Community Services' Ticket to Ride Automotive Raffle, which sold more than 8,000 tickets and raised approximately $200,000 to benefit United Way-supported programs and services to help those in metro Detroit. The raffle drawing was h ... Continue reading
Valeo wins A. T. Kearney Global Excellence of Operations Award for "Production Plant of the Year"
Paris, France, February 27 -- Valeo was today honoured with the prestigious A. T. Kearney GEO Award "Production Plant of the Year", in the category "Best Series Production", at the Factory of the Year Congress, sponsored by Produktion magazine, held in Ludwigsberg, Germany. The award was conferred on Valeo Wischersyste ... Continue reading
Vitro Signs Syndicated Facility for $201 Million
* Loan confirms confidence on Vitro's refinancing strategy * Allows Vitro to diversify sources of financing GARZA GARCIA, N.L. Mexico, Feb. 27 -- Vitro, S.A. de C.V. , through its subsidiary Vitro Plan, S.A. de C.V., as borrower, executed a credit facility providing for new financing in an aggregate principal amount eq ... Continue reading
Free Check To Protect Yourself From Odometer Fraud
Used Car Scam Costs Car Buyers Billions February 2003 (Newstream) -- Buying a used car? You should know that nearly one in ten used cars has had its odometer rolled back. That means you might be spending thousands of dollars more than you should -- and setting yourself up for some big repairs. Recent studies show odome ... Continue reading
KleenAir to Exhibit Particulate and NOx Reduction Systems at the SAE Show in Detroit
IRVINE, Calif.--Feb. 27, 2003--KleenAir Systems Inc. (OTCBB:KAIR) will be exhibiting at the Annual Convention of the Society of Automotive Engineers (SAE) in Detroit from March 3rd to 7th. Displayed at the Ford booth will be ServoTech's Ford licensed SOBRIS SCR and HC injection systems. Applications to be demonstrated ... Continue reading
WARRENDALE, Pa., Feb. 27 -- As official sponsor of the SAE 2003 World Congress, DaimlerChrysler Corporation has dedicated a lot of resources to the cause of reshaping and updating many aspects of the annual Society of Automotive Engineers' event. Now they're punctuating that effort with a flourish by showcasing some no ... Continue reading
International Speedway Updates First Quarter Revenue And Earnings Expectations
DAYTONA BEACH, Fla., Feb. 27 -- International Speedway Corporation (BULLETIN BOARD: ISCB) ("ISC") today updated its expectations for revenues and earnings for the first quarter ending February 28, 2003. The Company expects to report first quarter revenues of approximately $130 million, at the low end of its previously ... Continue reading
ADVISORY/Kart 2 Kart Gears Up for Sunday's Lawrence Tech Formula SAE Team Fund Raiser
STERLING HEIGHTS, Mich.--Feb. 27, 2003-- WHAT: Kart 2 Kart will become the unofficial Lawrence Technological University Formula SAE Team headquarters as auto enthusiasts seeking food, fun and racing excitement race to raise funds in support of LTU's 2003 challenge to the annual SAE competition. All are welcome to chall ... Continue reading
Astris Energi, CareAction Venture Forms Operating Entity
MISSISSAUGA, Ontario, Canada--Feb. 27, 2003--A new corporation, Astris Transportation Systems Inc. (ATSI), has been formed in Montreal, Quebec, as the operating entity of a $l5 million fuel cell development and production joint venture established last week by Astris Energi Inc., world leader in alkaline fuel cell tech ... Continue reading
LONDON--Feb. 27, 2003--Auto-Q International Inc (OTCBB: AUTQ) announced today that its common stock has also been listed for trading on the Berlin Stock Exchange under the symbol DE:AQT. Auto-Q International Inc. is a leading UK supplier of vehicle telematics systems. The Company develops, assembles, supplies and insta ... Continue reading
Avis Europe Plc Audited Results for Year Ended 31 December 2002
BRACKNELL, Berkshire--Feb. 27, 2003--Avis Europe plc, the leading car rental company in Europe, Africa, the Middle East and Asia, announces audited results for the year ended 31 December 2002. Operating Headlines -- Full year results consistent with guidance provided in June 2002 -- Leisure actions help counter reducti ... Continue reading
Former GM Executive Richard Donnelly Joins Capstone Turbine Board
CHATSWORTH, Calif.--Feb. 27, 2003--Richard Donnelly, a former executive with General Motors Corporation (www.gm.com) has been named to the board of directors of Capstone Turbine Corporation (www.microturbine.com) . Donnelly is the Automotive Industrial Partner at the New York based Ripplewood Holdings LLC, a firm with ... Continue reading
BOSTON--Feb. 27, 2003--Strategy Analytics, the global research and consulting company, today announced its new Strategic Technologies Practice. The new practice provides global technology leaders with information, analysis and critical insights into new technologies that enable innovative wireless, broadband, automotiv ... Continue reading
-- The Treasury Department's Financial Crimes Enforcement Network may apply anti-money laundering rules to car dealers and travel agents in an effort to fight drug dealers and terrorists, according to an article by The Associated Press. Comprehensive programs are already in place for banks and credit card companies in ... Continue reading
Ford Motor Company Product-Led Revitalization on Track
DEARBORN, Mich., Feb. 27 -- The following statement is attributable to Jim Padilla, president of Ford North America and executive vice president of Ford Motor Company. "Contrary to recent speculation, Ford Motor Company has not delayed any approved North American product programs and is fully on track to support its pr ... Continue reading
SAE Courses Accepted For Walsh College Master's Degree
TROY, Mich., Feb. 27 -- Walsh College President Keith Pretty has announced a new partnership with the Society of Automotive Engineers. Beginning with the fall, 2003 semester, Walsh may accept SAE's business and management related courses towards advanced standing credit in its new Master of Science in Managing Manufact ... Continue reading
Cadillac's XLR Luxury Roadster Showcases Innovative HID and LED Lighting Technology
PENDLETON, Ind., Feb. 27 -- When Cadillac's new XLR luxury roadster rolls off the assembly line this spring, it will feature the latest in HID and LED lighting technology. The poised and powerful XLR will feature HID -- high intensity discharge - - headlamps and high-output LED -- light emitting diode -- taillamps desi ... Continue reading
GM Profiting From OnStar Communications for First Time Since Introduction Seven Years Ago
Detroit February 27, 2003; The AP reported that General Motors Corp.'s chief financial officer says the automaker is making money off its OnStar in-vehicle communications system for the first time since it was introduced seven years ago. "OnStar is in the black," John Devine said Wednesday at an analyst conference in N ... Continue reading
Commentary From Forbes.Com February 27, 2003 By Jerry Flint Okay, Jesus Christ would not have driven a sport utility. He would have had a 4x4 pickup with crew cab. It's the Salem witch-hunts all over again. This time the alleged witches are sport utility vehicles, said to be the work of the Devil. More particularly, th ... Continue reading
Ford Motor Company Product-Led Revitalization on Track
DEARBORN, Mich., Feb. 27 -- The following statement is attributable to Jim Padilla, president of Ford North America and executive vice president of Ford Motor Company. "Contrary to recent speculation, Ford Motor Company has not delayed any approved North American product programs and is fully on track to support its pr ... Continue reading
MBUSA Announces Key Executive Management Appointments
NEW YORK, Feb. 27 -- Mercedes-Benz USA (MBUSA) today announced a realignment of its executive management team designed to address new opportunities in the pre-owned/remarketing areas, capitalize on the company's record sales momentum and further improve customer loyalty. "We are looking to more closely align MBUSA to t ... Continue reading
Auto Club Offers Tips on Conserving Gas and Saving Money
LOS ANGELES--Feb. 27, 2003--Motorists can lower their gasoline expenses by paying attention to where and how they drive, according to the Automobile Club of Southern California. The result could be a 25 percent reduction in fuel usage annually. "What motorists don't realize is that they can significantly reduce fuel co ... Continue reading
Spear & Jackson Australia Receives $960K Order With Super Cheap Auto
BOCA RATON, Fla.--Feb. 27, 2003--Spear & Jackson (OTCBB:SJCK) announced that its division, Spear & Jackson, Australia just received an AUD$960,000 Australia order for Power Tools from Super Cheap Auto. Super Cheap Auto is Australia's fastest growing auto parts, accessories and handman products retailer. Super Cheap Aut ... Continue reading
General Motors Recognized As Top Automaker For Multicultural Business Opportunities
FOR RELEASE: February 26, 2003 General Motors Recognized As Top Automaker For Multicultural Business Opportunities DETROIT - General Motors has been named one of the "Top 50 Corporations for Multicultural Business Opportunities (Div50)" by Div2000.com. Div2000.com is the leading online resource for women and minority-o ... Continue reading
North American GM Production for Week Of Feb. 17, 2003
FOR RELEASE: February 27, 2003 North American Production for Feb. 17, 2003 Total U.S. Passenger Car 32,411 Total U.S. Truck 58,809 Total Canada Passenger Car 13,660 Total Canada Truck 7,279Total N.A. Car and Truck 123,025 North American Scheduled Overtime/Downtime for Week of March 3, 2003 Mon3/3 Tue3/4 Wed3/5 Thu3/6 F ... Continue reading
RV Manufacturers Offering OnStar Services
FOR RELEASE: February 27, 2003 Major recreational vehicle (RV) manufacturers are placing hardware orders and factory-installing OnStar in their products. As a result, new RV owners will have the freedom to travel America's highways with OnStar's safety, security and Personal Calling convenience services. OnStar, the U. ... Continue reading
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