World Debut of the BMW 760Li High Security and the BMW 330i Security at the 2003 Geneva Motor Show
03/04/2003 Munich. The new-generation BMW 7 Series is making yet another world debut at this year's Geneva Motor Show - this time in the guise of the BMW 760Li High Security. Based on the top-of-the-range 760Li 12-cylinder, this fourth generation of BMW security vehicles complying with bullet-proof standard B6/B7 meets ... Continue reading
GM Sets New Sales Incentives for March
See Full GM Release: content/news/2003/02/28/156241.html?NEWS Click Here DETROIT February 28, 2003; Michael Ellis writing for Reuters reports that General Motors Corp. which has led Detroit's price war, set new U.S. vehicle sales incentives of $2,000 cash back on most models, with a "loyalty" reward of an additional $1 ... Continue reading
Busch Series Sam's Town Starting Lineup
The lineup for Saturday's Sam's Town 300 NASCAR Busch Series race at Las Vegas Motor Speedway: 1. (60) Stanton Barrett, Ford. 2. (57) Jason Keller, Ford. 3. ... Continue reading
Winston Cup LV Qualifying Results
Unofficial results from Friday's qualifying for the UAW-DaimlerChrysler 400 at Las Vegas Motor Speedway with position, car number, driver, car make and speed: 1. (18) Bobby Labonte, Chevrolet, 173.016 mph. 2. (24) Jeff Gordon, Chevrolet, 172.772. 3. ... Continue reading
Eagle-Picher Forms Joint Venture to Launch Break-Through Lead Acid Technology
PHOENIX, Feb. 28 -- Eagle-Picher Industries, Inc., a diversified manufacturer and marketer of advanced technical and industrial products, has announced the formation of a joint venture with Horizon Batteries, Inc. (formerly Electrosource). The joint venture will develop, manufacture and distribute a breakthrough, high ... Continue reading
Decoma announces withdrawal of bid to acquire Peguform France's fascia operations
CONCORD, ON, Feb. 28 -- Decoma International Inc. (TSX:DEC.A; NASDAQ:DECA) today announced that it has elected not to proceed with its previously announced bid to acquire the business and assets of Peguform France S.A.S. ("Peguform"). As a result, Decoma has withdrawn its initial bid of January 31, 2003, from the Offic ... Continue reading
Insurance Auto Auctions Announces Fourth Quarter Results
SCHAUMBURG, Ill., Feb. 28 -- Insurance Auto Auctions, Inc. , a leading provider of automotive salvage and claims processing services in the United States, today reported improved earnings for the quarter ended December 29, 2002. The Company reported adjusted net earnings, excluding the after-tax effects of business tra ... Continue reading
Pickup and Van Heaven Opens to Serve Tarrant County Customers
FORT WORTH, Texas, Feb. 28 -- Pickup and Van Heaven, "Where All The Best Pickups And Vans Go To Rest", recently opened with a full product line of recycled pickup and van parts. The facility, located at 1409 Carson, opened February 1 with over 100 vehicles in inventory. Karen Gibson, President, said, "after exhaustive ... Continue reading
REMINDER/Kart 2 Kart Gears Up for Sunday's Lawrence Tech Formula SAE Team Fund Raiser
STERLING HEIGHTS, Mich.--Feb. 28, 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
Titan International Reports 2002 Year-End Financial Results
QUINCY, Ill., Feb. 28 -- Titan International, Inc.'s financial results for 2002 show some progress in the company's quest to rebound. Titan recorded net sales of $108.6 million for the fourth quarter and $462.8 million for the year ended December 31, 2002, compared to $100.6 million for the fourth quarter and $457.5 mi ... Continue reading
UnitedAuto Group to Participate in Raymond James' 24th Annual Institutional Investors Conference
DETROIT--Feb. 28, 2003--UnitedAuto Group, Inc. , a FORTUNE 500 automotive specialty retailer, announced today that Chairman Roger Penske will be a presenter at Raymond James' 24th Annual Institutional Investors Conference in Orlando, Florida. The presentation is scheduled to occur from 7:30 a.m. until 8:00 a.m. Eastern ... Continue reading
A Product That Offers Relief for Drivers Facing Record Gas Prices
SANTA FE SPRINGS, Calif., Feb. 28 -- With gas prices already soaring above $2 a gallon in some parts of the U.S., consumers have been feeling the pinch at the pump. And surrounded by the threat of war, relief for America's drivers appears to be a long way down the road. In the midst of this difficult economic environme ... Continue reading
ArvinMeritor Honors 2002 Patent Recipients
TROY, Mich., Feb. 28 -- ArvinMeritor, Inc. today announced that 89 ArvinMeritor employees received patents in 2002. Those individuals were honored during the company's annual Patent Awards Ceremony held at ArvinMeritor headquarters in Troy, Mich., on Feb. 27, 2003. The awards recognize those individuals who have made s ... Continue reading
System First Used for 2003 Roadster Launch PLYMOUTH, Mich., Feb. 28 -- Perceptron, Inc. today announced that BMW chose its AutoGauge(TM) FMS robot-based flexible measurement system to improve quality and reduce time and cost from its new model launch. The new system was used for diagnosing and correcting line and tooli ... Continue reading
Decoma announces withdrawal of bid to acquire Peguform France's fascia operations
Concord, Ontario, February 28 -- Decoma International Inc. (TSX:DEC.A; NASDAQ:DECA) today announced that it has elected not to proceed with its previously announced bid to acquire the business and assets of Peguform France S.A.S. ("Peguform"). As a result, Decoma has withdrawn its initial bid of January 31, 2003, from ... Continue reading
Desert European Motorcars Celebrating $15-Million Facility In Two Grand-Opening Events
RANCHO MIRAGE, Calif., Feb. 28 -- Desert European Motorcars Ltd. is holding two grand-opening events in March for its 7.5-acre, $15-million new facility here. For the past three years, the company has been the worldwide leader in sales of Bentley and Rolls-Royce automobiles. The primary celebration, on Friday evening, ... Continue reading
Detroit Diesel Recognizes Top Performing Suppliers for Year 2002
DETROIT, Feb. 28 -- Detroit Diesel Corporation (DDC) announced its top performing suppliers for the year 2002 as measured by its supply chain management program, Continuous Customer Value Improvement (CCVI). DDC evaluates major suppliers in the areas of quality, delivery, cost and technical support, with the goal of wa ... Continue reading
dSPACE CEO Speaks on the Speed of Electronics Developments at SAE
DETROIT, Feb. 28 -- Innovations in embedded controller development tools have facilitated automakers' efforts to lower costs, reduce development time and improve the quality of electronic features. But, can the pace of improvement be maintained? This question is among the topics to be discussed by the chief executive o ... Continue reading
DURA Automotive Announces Dividend on Trust Preferred Securities
ROCHESTER HILLS, Mich.--Feb. 28, 2003--DURA Automotive Systems, Inc. , announced today that a quarterly dividend of $0.47 per share will be paid on the 7 1/2% convertible trust preferred securities issued by the DURA Automotive Capital Trust. The dividend will be payable on March 31, 2003, to stockholders of record on ... Continue reading
eMax Subsidiary, Gateways Entertainment, Inc. Building On Success At Daytona Beach Bike Week 2003
ORLANDO, Fla., Feb. 28 -- Gateways Entertainment, Inc. a subsidiary of eMax Corporation (OTC Pink Sheets: EMAX), looks forward to continued revenue improvement at Daytona's Bike Week 2003 with projected revenues of $250,000 resulting from sales of novelty products and accessories in addition to revenues from motorcycle ... Continue reading
HAAS TCM to Provide Total Chemical Management Services to United Technologies Corporation Facilities
WEST CHESTER, Pa.--Feb. 28, 2003--Haas TCM has signed a five-year contract with the United Technologies Corporation to provide chemical life-cycle management services to its facilities worldwide, starting in the United States. Under the terms of the agreement, Haas TCM will be responsible for managing the sourcing, pro ... Continue reading
LONG BEACH, Calif., Feb. 28 -- KIT Manufacturing Company (the "Company" or "KIT") announced that on January 30, 2003, it had completed the sale of substantially all of the assets of its Recreational Vehicles Division (the "RV Division") to Extreme RVs LLC, an Idaho limited liability company ("Extreme"). The assets were ... Continue reading
Lear Corporation Names D. William Pumphrey President - DaimlerChrysler Division
SOUTHFIELD, Mich., Feb. 28 -- Lear Corporation today announced the appointment of D. William (Bill) Pumphrey to President - DaimlerChrysler Division, effective immediately. In his new role, Bill is responsible for all aspects related to the automotive interior supplier's business operations with DaimlerChrysler, Lear's ... Continue reading
MANN+HUMMEL Features Environmental Progress in Filtration Products at SAE
DETROIT--Feb. 28, 2003--New filtration products based on advancements in environmental technology will be shown by MANN+HUMMEL at the 2003 SAE Congress and Exposition in Detroit. MANN+HUMMEL's new products on display at the SAE Congress and Expo will enable OEMs to achieve environmental benefits in weight savings, recy ... Continue reading
MANN+HUMMEL Features Environmental Progress in Filtration Products at SAE
DETROIT--Feb. 28, 2003--New filtration products based on advancements in environmental technology will be shown by MANN+HUMMEL at the 2003 SAE Congress and Exposition in Detroit. MANN+HUMMEL's new products on display at the SAE Congress and Expo will enable OEMs to achieve environmental benefits in weight savings, recy ... Continue reading
MANN+HUMMEL Introduces New Oil Separation Technology
DETROIT, Feb. 28 -- New technology to improve oil separation in closed crankcase ventilation systems required to meet stringent new emission requirements will be introduced by MANN+HUMMEL at the 2003 SAE World Congress in Detroit. MANN+HUMMEL's new oil-separation technology uses centrifugal force to separate harmful co ... Continue reading
FAIRFAX, Va.--Feb. 28, 2003-- PARAGRAPH 5 IS CORRECTED TO READ: Mobil 1 provides a variety of performance benefits to the Cayenne. These include fuel economy, excellent oil flow characteristics and outstanding engine wear protection. Mobil 1 can operate in a temperature range from -45C (-49F) to +200C (+392F). Mobil 1 ... Continue reading
WAYLAND, Mass.--Feb. 28, 2003--Moldflow Corporation , the world's leading provider of software products and services for optimizing the design and manufacture of injection-molded plastic products, today announces a new Manufacturing Track and panel discussions at its upcoming International User Group Conference commenc ... Continue reading
Quantum Names Corbin as Chief Operating Officer
IRVINE, Calif., Feb. 28 -- QUANTUM Fuel Systems Technologies Worldwide, Inc., announced today that Raymond W. Corbin has been appointed to Chief Operating Officer. As COO, Mr. Corbin will be responsible for manufacturing operations, research and development, product commercialization, and business development. Prior to ... Continue reading
Rubber Manufacturers Association Recognizes Federal-Mogul Facilities for Safety Improvement
SOUTHFIELD, Mich., Feb. 28 -- Federal-Mogul Corporation's commitment to employee health and safety has been recognized and rewarded by the Rubber Manufacturers Association (RMA). Three Federal-Mogul facilities including Frankfort, Indiana; Summerton, South Carolina; and Van Wert, Ohio, recently achieved an industry awa ... Continue reading
Standard Motor Products, Inc. Announces Schedule For Quarterly Release And Conference Call
NEW YORK--Feb. 28, 2003--Standard Motor Products, Inc. automotive replacement parts manufacturer and distributor, is scheduled to report its earnings for the three months ended December 31, 2002 on Thursday, March 6, 2003 after the close of the stock market. Management will hold a conference call at 11:00 AM, Eastern T ... Continue reading
State Auto Financial Announces Record Fourth Quarter Earnings
COLUMBUS, Ohio--Feb. 28, 2003-- -- Record quarterly earnings of $19.3 million -- Strong revenue growth of 12.7% -- GAAP Combined Ratio of 98.5 State Auto Financial Corporation today reported record fourth quarter net earnings of $19,331,000. Net reported earnings were $0.49, per diluted share, versus $(0.27) for the sa ... Continue reading
Tower Automotive Announces Dividend on Trust Convertible Preferred Securities
GRAND RAPIDS, Mich.--Feb. 28, 2003--Tower Automotive, Inc. , announced today that a dividend of $0.84375 per share will be paid on the 6 3/4% trust convertible preferred securities issued by the Tower Automotive Capital Trust. The dividend will be payable on March 31, 2003, to stockholders of record on March 15, 2003. ... Continue reading
TI Automotive Develops First Plastic Fuel Tank to Meet PZEV Regulation
DEARBORN, Mich., Feb. 28 -- TI Automotive, the world's leading supplier of automotive fluid storage and delivery systems, will show the world's first plastic fuel tank to meet California's strict Partial Zero Emission Vehicle (PZEV) requirements at a technical conference here today. Dr. Pierre Delbarre, TI Automotive's ... Continue reading
DALLAS, Feb. 28 -- The following press release is being issued by the Dallas City Attorney's Office: Ford Motor Company officials have admitted in sworn testimony that a Crown Victoria police car equipped with new fuel tank safety shields actually flunked its own crash test. This disclosure and others were made today b ... Continue reading
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