Ford F-150, Freestar Get Top Safety Marks in High Speed Crash Test
DETROIT, Dec 19, 2003; Reuters reported that Ford Motor Co.'s new F-150 pickup and Freestar minivan received top ratings in an insurance industry group's crash tests designed to simulate high-speed collisions. The Insurance Institute for Highway Safety said on Friday both vehicles earned "good" ratings in 40-mile-per-h ... Continue reading
AssuranceAmerica Corporation Announces South Carolina Expansion
ATLANTA--Dec. 19, 2003--Bud Stumbaugh, CEO of ASSURANCEAMERICA CORPORATION (OTCBB: ASAM), today announced that subsidiary AssuranceAmerica Insurance Company, a property and casualty insurer that focuses on the nonstandard private passenger automobile market, will commence writing business in the state of South Carolina ... Continue reading
Chrysler Group Conference Call to Announce December 2003 Sales
WHAT: Telephone conference call to discuss Chrysler Group's December sales. WHO: Gary Dilts, Senior Vice President - Sales WHEN: Monday, Jan. 5, 2004 - 3:30 p.m. to 4 p.m., EST WHERE: Teleconference: 1-800-857-0714 Domestic Teleconference: 1-201-795-9123 International Call Leader: Kevin L. McCormick Password: Sales DET ... Continue reading
IMTS Subsidiary Provides Corporate Growth Through Revenue Sharing Programs
INDIANAPOLIS--Dec. 19, 2003--The revenue sharing locations introduced in the second quarter of 2003 by Interactive Motorsports and Entertainment Corporation's wholly-owned subsidiary, Perfect Line, continue to create market interest and site growth for the Company's patented, motion-based simulator racing centers. Sinc ... Continue reading
JAC Products Selects Global Quality Director From Within
MADISON HEIGHTS, Mich., Dec. 19 -- JAC Products, the world's leading manufacturer of OEM roof racks, announces the promotion of Wayne Nash to Global Quality Director. Based at JAC's Saline, Mich. manufacturing facility, Nash will oversee quality for JAC Products global design and manufacturing operations, which include ... Continue reading
AURORA, ON, Dec. 19 -- Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) announced today that it expects to incur charges that would negatively impact diluted earnings per share by approximately $0.28 in the fourth quarter of 2003. In its press release dated November 5, 2003, the Company indicated that its outlook ... Continue reading
Hi, here's a news release to consider on a change in management in the automotive division of Modine. I've included pictures for you to use. If you have any questions or need any further information just let me know. If you are not the person to handle these press releases, just let me know who does. Thank you and I ho ... Continue reading
TORRANCE, Calif.--Dec. 19, 2003--Motorcar Parts & Accessories, Inc. dba Motorcar Parts of America ("MPA") (OTC:MPAA) announced today that Richard Marks, its former President and Chief Operating Officer, has agreed to plead guilty to two felony criminal charges filed by the United States Attorney's Office on December 17 ... Continue reading
2004 Awards and Boos in Seasonal Letter From Europe
By Andrew Frankl European Bureau Chief With the silly season upon us I¡¦ve decided to nominate various cars and people associated with the automotive industry. The reason? Why not? There are more car and truck of the year awards than hot suppers and the whole thing is just becoming silly. Yes, let me come clean, many ... Continue reading
AAA Projects Christmas-News Year's Travel Up Two Percent
MINNEAPOLIS, Dec. 18 -- AAA reports that Christmas-New Year's holiday travel should increase by more than two percent from 2002. An estimated 59.6 million Americans will travel 50 miles or more from home this holiday, up 2.4 percent from the 58.2 million who traveled last year. The vast majority of holiday travelers -- ... Continue reading
Motion Industries Names Zahir Hameer Vice President Inventory Management
BIRMINGHAM, Ala.--Dec. 18, 2003--Motion Industries, North America's largest distributor of industrial maintenance, repair, and operation replacement parts, is pleased to announce that Zahir Hameer has been promoted to vice president, Inventory Management, according to Bill Stevens, Motion Industries' president and CEO. ... Continue reading
viaLink Comments on Continued Growth in the 4th Quarter
DALLAS--Dec. 18, 2003--The viaLink Company (OTCBB:VLNK), the leading provider of synchronization and scan based trading services to the consumer packaged goods and retail industries, said today that it had signed 40 new customer contracts so far this quarter. "The growth we have experienced thus far this quarter is enc ... Continue reading
ArvinMeritor to Sell Its APA Joint Venture Shares to Kayaba
TROY, Mich., Dec. 19 -- ArvinMeritor, Inc. announced today that it has signed a definitive agreement to sell its 75 percent shareholdings in AP Amortiguadores, S.A. (APA) to joint venture partner Kayaba Industry Co., Ltd. In 1989 ArvinMeritor acquired shares in the joint venture company, which manufactures shock absorb ... Continue reading
ASA MEMBER TRACK PROGRAM ADDS FRIENDSHIP MOTOR SPEEDWAY
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
CTS Presentation at the Needham Growth Conference will be Webcast
ELKHART, Ind.--Dec. 19, 2003--CTS Corporation announced today that the presentation to financial analysts and investors at the Sixth Annual Needham Growth Conference in New York will be broadcast over the Internet. CTS will be presenting at 2:30 p.m. on Wednesday, January 7, 2004. The live audio broadcast and replays w ... Continue reading
Delphi Completes Employee Option Exchange Offer
TROY, Mich., Dec. 19 -- Delphi Corp. today said it successfully completed its previously announced one-for-one exchange offer, which gave eligible employees the opportunity to exchange certain stock options for cash-settled stock appreciation rights (SARs). The exchange offer expired at 5:00 p.m. EST, December 17, 2003 ... Continue reading
Elamex Subsidiary Precision Tool, Die and Machine Company Files for Chapter 11 Protection
Elamex Board Authorizes Potential Sale of Precision EL PASO, Texas, Dec. 19 -- Elamex S.A. de C.V. , a diversified manufacturing services company with food, plastics and metals operations and real estate holdings in Mexico and the United States, announced that its Metal Stamping segment wholly owned subsidiary Precisio ... Continue reading
Evader Motorbikes Now Selling in China
HONG KONG--Dec. 19, 2003--Bellevue, Washington based Evader, Inc. ( www.evader.us ) (NASD.OTC:EVDR), the makers of an affordable line of all-electric motor scooters and motor cycles that are powered by the Company's leading-edge proprietary technology today announced the formation of Evader Limited in China and that th ... Continue reading
ROCHESTER HILLS, Mich.--Dec. 19, 2003--gedas USA, Inc. announced today that it has signed an agreement with CIDEON Systems AG to support its integration products in North America. Under the agreement, gedas will provide support to customers who have purchased CIDEON's integration products that link SAP PLM(TM) (Product ... Continue reading
HOUSTON--Dec. 19, 2003--Bradmark Technologies Inc. an established provider of enterprise monitoring and database administration tools, today announced that the Kia Division of Hyuandi in Seoul, Republic of Korea has standardized on Bradmark products, including NORAD DBControl Online and NORAD Surveillance to manage and ... Continue reading
Infineon Joins Fight against AIDS and Becomes Member of the Global Business Coalition on HIV/AIDS
MUNICH, Germany--Dec. 19, 2003--Infineon Technologies (FSE/NYSE: IFX), the world's sixth-largest semiconductor company, is the first semiconductor manufacturer to join the Global Business Coalition on HIV/AIDS (GBC). The coalition, founded in 1997 and based in New York, is committed to increasing the role of business i ... Continue reading
Local Charities Receive Help From AutoCom Associates
BLOOMFIELD HILLS, Mich., Dec. 19 -- AutoCom Associates, a public relations firm, contributed more than $25,000 to Detroit-area charities and civic organizations on behalf of its clients during the past year. "Rather than send out holiday gifts, AutoCom annually donates time and money to a variety of charities," said La ... Continue reading
PayStream Advisors Releases Research on Consumer Payment Trends
Check Remittance Payments to Decline 25 Percent by 2008 CHARLOTTE, N.C., Dec. 19 -- PayStream Advisors, Inc. announces the release of Embracing Flexibility: Payment Automation From a Consumer Perspective, a research report that shows how individuals' accelerating adoption of new electronic payment options is altering t ... Continue reading
Ryder Announces Letter of Intent to Acquire Ruan Leasing Company
MIAMI, Dec. 19 -- Ryder System, Inc. , a global leader in transportation and supply chain management solutions, today announced it has entered into a non-binding letter of intent to purchase substantially all the assets of Ruan Leasing Company, a major privately owned truck leasing, rental and contract maintenance comp ... Continue reading
Southwall Technologies Secures New Bank Loan and Equity Financing Agreement Led by Needham & Company
PALO ALTO, Calif.--Dec. 19, 2003--Southwall Technologies Inc. , a global developer, manufacturer and marketer of thin-film coatings for the electronic display, automotive glass and architectural markets, today announced that on Dec. 18, 2003, it secured an agreement for a new bank loan guarantee and equity financing pa ... Continue reading
Chrysler Group's First Five-Speed Automatic Transmission for Passenger Cars
Transmission Offers Performance, Fuel Economy and Packaging Advantages For 2005 Chrysler 300C and Dodge Magnum R/T -- Chrysler 300C and Dodge Magnum R/T will be equipped with the first five-speed automatic transmission ever offered in a Chrysler Group passenger car -- Fully adaptive, electronic control of all shifting ... Continue reading
Hyundai Truck America to Suspend Sales Operations
JAMESBURG, N.J., Dec. 19 -- Citing the difficulties in being a new entrant in a softening and competitive market, Hyundai Truck America will suspend sales operations by the end of 2003. However, an office will be established here to facilitate the availability of parts, warranty repairs and technical information for ow ... Continue reading
SUVs Responsible for More Pedestrian Deaths; Rowan Engineering Research Reveals Vehicles' Threat
GLASSBORO, N.J., Dec. 19 -- Pedestrians struck by light trucks and vans (LTVs), including sports utility vehicles (SUVs), suffer a higher fatality rate than those struck by a traditional passenger car, according to research conducted by Dr. Clay Gabler, a Mechanical Engineering professor at Rowan University, Glassboro, ... Continue reading
Ward's Reports Estimated North American Vehicle Production - 12/19/03
SOUTHFIELD, Mich., Dec. 19, 2003 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 339,011 units, down 6.9 percent from the 364,126 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output n ... Continue reading
Chrysler Group Celebrates the Grand Opening Of its Indiana Transmission Plant II
- Over $455 million invested in Kokomo to build transmission for Chrysler 300 Series, Dodge Magnum - World-class benchmarking, UAW partnership drive operational processes at new plant - LaSorda: Despite project changes, plant launches ahead of schedule, under budget AUBURN HILLS, Mich., Dec. 19 -- Chrysler Group celebr ... Continue reading
Toyota Prez: Dollar Too Weak At Y107
TOKYO December 19, 2003; Yoshio Takahashi writing for Dow Jones reported that the president of Toyota Motor Corp. said Friday the dollar is too weak, underscoring concerns among some Japanese exporters about damage to their earnings from a stronger yen. "I don't think the fundamentals of the Japanese economy are so str ... Continue reading
Toyota JV With Guangzhou Auto - Approved By Bejing
NEW YORK December 19, 2003; Dow Jones reported that the Chinese government has authorized a joint engine project between Toyota Motor Corp. and Chinese automaker Guangzhou Automobile Group Ltd., the Kyodo news agency reported Friday, citing Toyota President Fujio Cho. Cho made the revelation in Tokyo after attending a ... Continue reading
As the Official Winter Season Blows In, Parts Dealer Offers Car Care Tips for Safe Driving
PHILADELPHIA--Dec. 19, 2003--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket retail and service chain, reminds motorists to be prepared for the winter season, which formally begins on December 22. Because winter weather can take a toll on your car, be sure to seek the proper preventive ma ... Continue reading
DuPont Automotive Coatings Unit and Kansai Paint To End Joint Venture Relationships
OSAKA, Japan and TOKYO, Dec. 19 -- DuPont and Kansai Paint, Ltd., have agreed to amicably terminate their automotive coatings joint venture relationships due to incompatible global strategies, Marty M. McQuade, vice president and general manager of DuPont Herberts Automotive Systems and Katsuya Sera, president of Kansa ... Continue reading
LA Auto Club: Gas Prices Continue Downward Trend
LOS ANGELES--Dec. 19, 2003--Average gas prices continued to move down in most locations monitored by the Automobile Club of Southern California's Weekend Gas Watch. Low wintertime demand and consistent production are the primary reasons for the downward trend. Starting last week, the Weekend Gas Watch expanded its cove ... Continue reading
Toyota President: Still Far Behind Ford In Global Sales Terms
TOKYO December 19, 2003; Dow Jones reported that Toyota Motor Corp. President Fujio Cho Friday dismissed speculation that the world's third-biggest automaker by sales may soon pip Ford Motor Co. for the number two spot. "We can't even see Ford's back" yet, Cho said. The Japanese automaker said Thursday it and its two a ... Continue reading
Manual Transmission Model Added to 'Mazda Axela 23S'
JapanCorp: <http://www.japancorp.net/?page_num=1> Manual Transmission Model Added to 'Mazda Axela 23S' Tokyo, Japan, Dec. 19, 2003 - (JCN Newswire) - Mazda Motor Corporation has added a five-speed manual transmission model to its next-generation sports compact Mazda Axela. Premium grade 23S vehicles equipped with the n ... Continue reading
AAA Texas: Weekend Gas Watch; Gas Prices Hold Steady as Christmas Holiday Approaches
HOUSTON--Dec. 19, 2003--Only a week away from the Christmas holiday and gasoline prices in many Texas cities are posting slight decreases, according to the Weekend Gas Watch by AAA Texas. Currently, the Texas average for a gallon of regular self-serve gasoline is $1.39 a gallon -- no change since last week. Corpus Chri ... Continue reading
Chevy Expects To Surpass Ford Brand in 2004 - First Time in 17 Years - Toyota Lurks
DETROIT, Dec 18, 2003; Michael Ellis writing for Reuters reported that General Motors Corp.'s Chevrolet brand expects a roll-out of new cars and pickup trucks to make it the top-selling U.S. brand as early as next year, surpassing Ford for the first time in 17 years. Chevrolet, which will sell about 2.6 million vehicle ... Continue reading
Chevrolet Expects to Up Sales with 10 New or Redesigned "Chic Chevys"
DETROIT December 18, 2003; John Porretto porretto writing for the AP reported that General Motors Corp.'s Chevrolet brand is preparing to introduce 10 all-new or revamped vehicles over the next 20 months, which the automaker hopes will increase the sales to 3 million a year. Chevrolet, which accounts for more than 50 p ... Continue reading
Partsmaker Highlights Its Content on the Ford F-150
DEARBORN, Mich., Dec. 18 -- Visteon Corporation congratulates Ford Motor Co., its largest customer, on its F-150 being named Motor Trend magazine's 2004 Truck of the Year. (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) The all-new Ford F-150 is designed and engineered to be "Ford Tough" with the comfo ... Continue reading
SACRAMENTO, Calif.--Dec. 18, 2003--Starting January first, teens will have to be fifteen-and-one-half years old to apply for an instruction driving permit in California. That's because the legislature approved a measure (AB 1343) which ensures that minors begin their driving practice on streets and highways only after ... Continue reading
Detroit Auto Show: WXYZ-TV/Channel 7 Announces Programming Plans
SOUTHFIELD, Mich., Dec. 18 -- WXYZ-TV/Channel 7, the official television sponsor of the 2004 North American International Auto Show (NAIAS) today announced its expanded local programming lineup: "2004 NAIAS PRIME TIME PREVIEW," a half-hour prime time special airing Tuesday, December 30, 8:00 p.m. The preview is hosted ... Continue reading
Detroit Auto Show Media Days: Sika Automotive to Present 'Sika Innovations 2004'
MADISON HEIGHTS, Mich., Dec. 18 -- Sika Automotive will hold an invitation-only breakfast to present "Sika Innovations 2004" to key automotive customers. The presentation, to be given by Kevin Casey, VP of Marketing, will highlight new product development and provide case studies illustrating the use of Sika Automotive ... Continue reading
'Multi-state, International Force Launches Drunk Driving Crackdown'
WHAT: State and provincial police in Michigan, Ohio, Indiana and Ontario will detail enforcement plans for "National Holiday Lifesaver Weekend" WHO: * AAA Michigan President and CEO Doug Bower * Michigan State Police Colonel Tadarial Sturdivant * Indiana State Police Major Monte McKee * Ohio State Highway Patrol Captai ... Continue reading
SHADY BOWL HOSTS 2004 ASA LATE MODEL SERIES
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
Edmunds.com Names Two Sound Systems Among Top Ten In Cars Under $30,000
DEARBORN, Mich., Dec. 18 -- Two audio systems engineered and produced by Visteon Corporation , those on the Ford Focus and the Ford Mustang GT, were cited among Edmunds.com's "Top 10 Sound Systems in Cars Under $30,000 for 2004." (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) Staff members of Edmunds. ... Continue reading
AAA Predicts Fuel Prices Down and Holiday Travel Up, and AAA's Top 10 Holiday Travel Tips
BELLEVUE, Wash., Dec. 18 -- Holiday Fuel Prices The average price of self-serve regular unleaded gasoline in Washington is 1.544 per gallon, down six cents since one month ago, and in Idaho is 1.607 per gallon, down nearly 4 cents in the same period. The national average price of self-serve regular unleaded is 1.471 pe ... Continue reading
Road America: CART Breached Contract
Grand Prix of Road America Remains on Schedule ELKHART LAKE, Wis., Dec. 18 -- Road America has notified CART that CART breached its 2004 sanctioning agreement when it attempted to assign its non-transferable contract with Road America to the Open Wheel Racing Series (OWRS), according to George Bruggenthies, president a ... Continue reading
Shoppers Rate Kia Web Site Highest in the Automotive Industry in New J.D. Power and Associates Study
Top Ranking Is a First for Kia.com IRVINE, Calif., Dec. 18 -- Kia Motors' Web site, www.kia.com , was ranked highest manufacturer Web site in the automotive industry today in the newly released J.D. Power and Associates 2003 Manufacturer Website Evaluation Study -- Wave 2 (MWES). Kia ranked first overall among manufact ... Continue reading
Jeep To Get $2 Billion Overhaul
DETROIT, Dec 18, 2003; Reuters reported that DaimlerChrysler's Chrysler division plans to spend about $2 billion to overhaul its Jeep assembly facilities in Toledo, Ohio, and launch new models that will be added to Jeep's lineup, a source close to the matter said on Thursday. Company spokesman Dan Bodene declined to co ... Continue reading
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