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December 2003

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Thursday, December 4, 2003

GM To Buy SUV maker Ssangyong Motor ?

GM To Buy SUV maker Ssangyong Motor ?

SEOUL, Dec 4, 2003; Judy Lee and Rhee So-eui writing for Reuters reported that General Motors Corp, eyeing a bigger presence in the high-margin sport utility vehicle sector in Asia, said on Thursday it was interested in buying South Korea's Ssangyong Motor Co. The 55.4 percent stake in Ssangyong creditors are selling w ... Continue reading

DaimlerChrysler Stock Price Jumps as Law Suit Fears Fade

DaimlerChrysler Stock Price Jumps as Law Suit Fears Fade

FRANKFURT, Dec 4, 2003; Reuters is reporting that DaimlerChrysler shares jumped five percent on Thursday as overnight testimony at a U.S. trial boosted hopes the car maker could win the case and brought investors back to a stock they have recently neglected. "The stock broke through, technically-speaking, first thing t ... Continue reading

Ford Names Peter Horbury North American Design Chief

Ford Names Peter Horbury North American Design Chief

DETROIT December 4, 2003; Sharon Silke Carty writing for Dow Jones reported that even though he confesses he's never driven a pickup truck, Peter Horbury has been named Ford Motor Co.'s executive director of design for North America. The British designer has been responsible for the company's Premiere Automotive Group, ... Continue reading

CarMax Reports Third Quarter Sales and Announces Fiscal Year 2005 Superstore Opening Plans

CarMax Reports Third Quarter Sales and Announces Fiscal Year 2005 Superstore Opening Plans

RICHMOND, Va., Dec. 4 -- CarMax, Inc. today reported record third quarter sales for the quarter ended November 30, 2003. * Comparable store used unit sales rose 2% for the quarter. * Total third quarter used unit sales grew 13%. * Total sales increased 14% to $1.07 billion from $936.8 million in the same period last ye ... Continue reading

Kettering University Researchers Discover New Way to Produce Nanotubes

Kettering University Researchers Discover New Way to Produce Nanotubes

FLINT, Mich.--Dec. 4, 2003--Nanotubes have thermal conductivity better than diamonds, electro-conductivity better than copper, and can withstand very high temperatures. Researchers at Kettering University have discovered a different method for producing nanotubes, which is one of the U.S. government's best-funded techn ... Continue reading

Delphi Invests in New China and Korea Technical Centers

Delphi Invests in New China and Korea Technical Centers

Initial Investment of $40 million signifies company's commitment to the region and growth opportunities TROY, Mich., Dec. 4 -- Delphi Corp. will open two new technical centers in China and Korea and has committed $40 million to begin work on the new facilities immediately. Once the projects are complete, Delphi will ha ... Continue reading

Nissan Micra C+C to Go On Sale in 2005

Nissan Micra C+C to Go On Sale in 2005

PARIS, December 4 -- - Designed, Developed and Manufactured in UK With Support of The UK Government The coupe + cabriolet version of the Nissan Micra is now confirmed for production and will go on sale in Europe in 2005. Nissan is investing GBP95 million (EUR140 million) for the new car, covering design at London-based ... Continue reading

Deals on wheels to keep rolling in U.S. car market

Deals on wheels to keep rolling in U.S. car market

DETROIT, Dec. 3 (Reuters) - The end of the year will most probably not mean an end to big deals on new U.S. cars and trucks, a leading auto industry analyst said on Wednesday. Art Spinella, head of Bandon, Oregon-based CNW Marketing Research, told Reuters that shoppers have no reason to worry about an early end to the ... Continue reading

Kerkorian Fighting the Fight

Kerkorian Fighting the Fight

WILMINGTON, Del. December 3, 2003 Sholnn Freeman writing for the WSJ reported that billionaire investor Kirk Kerkorian said outside federal court here that he won't settle his civil suit against DaimlerChrysler AG and that the fight with the German-American auto maker is now "personal." Mr. Kerkorian has accused Daimle ... Continue reading

Valeo porte à 50 % sa participation dans la joint-venture Zexel Valeo Climate Control, renforçant sa position en thermique habitacle sur le marché asiatique

Valeo porte à 50 % sa participation dans la joint-venture Zexel Valeo Climate Control, renforçant sa position en thermique habitacle sur le marché asiatique

PARIS, France, December 3 -- Valeo a annoncé aujourd'hui avoir exercé auprès de Bosch Automotive Systems Corporation, Japan, une option pour acquérir 10 % supplémentaires du capital de leur joint-venture Zexel Valeo Climate Control Corporation. Cette joint-venture conçoit et développe des systèmes de climatisat ... Continue reading

Jaguar XJ's Performance Enhanced by Alcoa's Cast Components

Jaguar XJ's Performance Enhanced by Alcoa's Cast Components

PITTSBURGH--Dec. 3, 2003--Alcoa Inc. announced today that the Jaguar XJ marks the first application of its Vacuum Die Castings (AVDC) technology to enhance the driving performance of a luxury sedan with a unibody architecture. Seven Alcoa VDC castings stiffen the XJ's underbody to improve ride and handling. Alcoa Advan ... Continue reading

Toyota Anuncia Ejecutivos para Nueva Planta en San Antonio

Toyota Anuncia Ejecutivos para Nueva Planta en San Antonio

ERLANGER, Ky., 3 de diciembre /PR Newswire/ -- Toyota Motor Manufacturing Texas, Inc. (TMMTX) anunció hoy varias incorporaciones al equipo gerencial de la nueva planta de camiones de la empresa en San Antonio. Entre los nombramientos se cuentan Don Jackson como Vicepresidente de Planificación de Calidad y Producción ... Continue reading

The Auto Club Group Ranks in Top 10 Says J.D. Power and Associates

The Auto Club Group Ranks in Top 10 Says J.D. Power and Associates

DEARBORN, Mich., Dec. 3 -- The Auto Club Group -- holding company for AAA Michigan and other AAA affiliates in the Midwest -- has achieved a top 10 ranking in the J.D. Power and Associates 2003 National Auto Insurance Study(SM). The Auto Club Group improved its overall satisfaction score over 2002 and remains ranked ni ... Continue reading

ASA Late Model Series Adds Sandusky to 2004 Schedule

ASA Late Model Series Adds Sandusky to 2004 Schedule

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

Toyota Announces Executives for New San Antonio Plant

Toyota Announces Executives for New San Antonio Plant

ERLANGER, Ky., Dec. 3 -- Toyota Motor Manufacturing Texas, Inc. (TMMTX) today announced several additions to the management team at the company's new San Antonio truck plant. The appointments include Don Jackson as Vice President, Quality Planning & Production; David Crouch as General Manager, Manufacturing Planning; D ... Continue reading

MADD, Takata and NHTSA Join to Stop the Holiday Highway Death Toll From Impaired Driving and Lack of Seat Belt Use

MADD, Takata and NHTSA Join to Stop the Holiday Highway Death Toll From Impaired Driving and Lack of Seat Belt Use

State-By-State Breakout of Alcohol-Related And Unrestrained Deaths in 2002 Included WASHINGTON, Dec. 3 -- Last year during the Thanksgiving to New Year's holiday season, 2,464 people died in alcohol-related crashes or crashes in which safety belts were not used. In front of an 80-foot backdrop photo representing the mo ... Continue reading

Automotive Hall Of Fame Selects Mike J. Jackson 2003 Automotive Industry Leader Of The Year

Automotive Hall Of Fame Selects Mike J. Jackson 2003 Automotive Industry Leader Of The Year

DEARBORN, Mich., Dec. 3 -- Mike J. Jackson, Chairman and Chief Executive Officer of AutoNation, Inc. , has been named the Automotive Hall of Fame's Industry Leader of the Year for 2003. Jackson will be honored on February 1, 2004 at the Automotive Hall of Fame/Popular Mechanics Annual Awards Luncheon at the Mirage Hote ... Continue reading

Cummins '600' Powers Past the Competition With the Strongest Heavy-Duty Pickup Ever - why the "600"?

Cummins '600' Powers Past the Competition With the Strongest Heavy-Duty Pickup Ever - why the "600"?

- New High Output Cummins "600" Turbo Diesel Produces Class-Dominating 600 lb.-ft. of torque - New Engine Tougher, Quieter and Meets 50-state Emissions Requirements - Best-in-class Towing, GCWR and GVWR AUBURN HILLS, Mich., Dec. 3 -- Dodge, the brand that revolutionized the diesel pickup market when it launched the sta ... Continue reading

Protege Turbo to Debut in 2004 Grand-Am Cup

Protege Turbo to Debut in 2004 Grand-Am Cup

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

Texas Auto Writers' Association Names 'Truck of Texas'

Texas Auto Writers' Association Names 'Truck of Texas'

- Ford Motor Company brands capture seven awards from the Texas Auto Writers' Association - more than any other automaker. - Ford named "Truck Line of Texas" for fifth consecutive year. DALLAS, Dec. 3 -- Texas and Ford trucks are a perfect fit -- and the Texas Auto Writers' Association confirmed Ford's lock on the full ... Continue reading

The All-New Volvo V50 - Class-Leading Safety and Exhilarating Driving Are Combined in A Car Designed for Those Who Have A Large Capacity for Life

The All-New Volvo V50 - Class-Leading Safety and Exhilarating Driving Are Combined in A Car Designed for Those Who Have A Large Capacity for Life

IRVINE, Calif., Dec. 3 -- Volvo Car Corporation is releasing the first photographs of its all-new sportswagon, the Volvo V50. With its revolutionary interior design, class-leading safety, powerful 5-cylinder engines and all-wheel drive, Volvo's newest wagon is the perfect companion for those who need a car capable of h ... Continue reading

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