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March 2004

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Friday, March 19, 2004

GM Financing To Open Banks- Toasters anyone?

GM Financing To Open Banks- Toasters anyone?

DETROIT, March 19, 2004; Michael Ellis writing for Reuters reported that General Motors Corp.'s finance unit plans to open a bank, selling certificates of deposit to diversify assets after a series of rating downgrades made it more expensive to tap debt markets, officials with the unit said on Friday. The bank in Utah ... Continue reading

Chicago Pneumatic: Gatornationals Release

Chicago Pneumatic: Gatornationals Release

Press Information: For Immediate Release Contact information Jane Raniszewski Chicago Pneumatic Business Communications Manager 803-817-7056 jane.raniszewski@chicagopneumatic.com CHICAGO PNEUMATIC PULLS THE TRIGGER AT THE 35TH ANNUAL MAC TOOLS GATORNATIONALS Gainesville, Florida – (March 18, 2004) Chicago Pne ... Continue reading

Dover Motorsports, Inc. Subsidiary in Negotiations With Respect to Grand Prix of Denver

Dover Motorsports, Inc. Subsidiary in Negotiations With Respect to Grand Prix of Denver

DOVER, Del., March 19 -- Dover Motorsports, Inc. today announced that the previously announced agreement between its wholly owned subsidiary, Grand Prix Association of Long Beach, Inc. ("Grand Prix") and Centrix Financial, LLC ("Centrix") to transfer to Centrix certain assets and rights that Grand Prix has relative to ... Continue reading

MSX International Announces 2003 Financial Results

MSX International Announces 2003 Financial Results

WARREN, Mich., March 19 -- MSX International, a global provider of technical business services, announced net sales totaling $705.4 million for fiscal year 2003, which ended December 28, 2003. Compared to 2002, net sales declined 12.6% from $807.4 million. Lower net sales reflect reduced demand for automotive engineeri ... Continue reading

ASA GETS SMART ABOUT MODIFIEDS

ASA GETS SMART ABOUT MODIFIEDS

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

NHTSA Investigating 2002 Chrysler PT Cruiser: Sudden Engine Fires

NHTSA Investigating 2002 Chrysler PT Cruiser: Sudden Engine Fires

WASHINGTON March 19, 2004; The AP reported that the government is investigating the 2002 PT Cruiser after receiving seven complaints of sudden fires in the engine. Two people have reported injuries because of the fires, including one driver who suffered head burns, the National Highway Traffic Safety Administration sai ... Continue reading

Federal-Mogul Announces Licensing Agreement to Extend Champion(R) Spark Plugs Brand Into Performance Additives Market

Federal-Mogul Announces Licensing Agreement to Extend Champion(R) Spark Plugs Brand Into Performance Additives Market

SOUTHFIELD, Mich., March 19 -- Federal-Mogul Corporation (BULLETIN BOARD: FDMLQ) announced an exciting new brand extension for the globally recognized red-and-black Champion "Bow Tie" logo. The Champion brand, long known for the highest quality spark plugs, will expand into the performance additives product category th ... Continue reading

Ward's Reports Estimated North American Vehicle Production Week of March 19, 2004

Ward's Reports Estimated North American Vehicle Production Week of March 19, 2004

SOUTHFIELD, Mich., March 19 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 334,614 units, down 2.8 percent from the 344,086 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now to ... Continue reading

Johnson Electric Appoints Michael Enright as Independent Non-Executive Director

Johnson Electric Appoints Michael Enright as Independent Non-Executive Director

HONG KONG, March 19 -- Johnson Electric Holdings Limited ("the Company") announced the appointment of Professor Michael Enright as independent non-executive director of the Company. Professor Enright replaces Mr. Ian Conn, who has retired and resigned as director and member of the Audit Committee effective today. Profe ... Continue reading

Sika Automotive Appoints Key Account Managers

Sika Automotive Appoints Key Account Managers

MADISON HEIGHTS, Mich., March 19 -- Sika Automotive has appointed Dave Jones to be the Key Account Manager for Sika's DaimlerChrysler account and Tom Fitzgerald as the Key Account Manager position for Nissan Motors. Dave Jones joined Sika Corporation in February 1995 as an Application Engineer. Subsequently he moved in ... Continue reading

Gas Prices Show Signs of Stabilization in March, According to AAA Chicago

Gas Prices Show Signs of Stabilization in March, According to AAA Chicago

AURORA, Ill., March 19 -- According to AAA Chicago's most recent fuel gauge report, the average price of regular unleaded gasoline in Illinois now averages $1.62 per gallon, which is up 4 cents from this time last month and down 3 cents from last year's prices. In northern Indiana, gas prices now average $1.64, which i ... Continue reading

Marathon to Buy Ashland Stake for $1.1Bln

Marathon to Buy Ashland Stake for $1.1Bln

NEW YORK March 19, 2004; Joseph A. Giannone writing for Reuters reported that Marathon Oil Corp.said it would buy Ashland Inc.'s 38 percent stake in their refining and marketing joint venture, Marathon Ashland Petroleum LLC, for $1.1 billion in cash and stock. Houston-based Marathon, which will also assume $1.9 billion ... Continue reading

Watch Out AutoTrader - Free Auto Guide Debuts in Charlotte, NC

Watch Out AutoTrader - Free Auto Guide Debuts in Charlotte, NC

NEW YORK--March 19, 2004 PRIMEDIA Consumer Guides, the nation's largest provider of free apartment and new home directories, today announced the launch of Auto Guide®, a free weekly color publication for consumers featuring the most comprehensive listings of used cars, SUVs and trucks for sale by auto dealerships avai ... Continue reading

Volvo and Bank of China Co-operate in HD Vehicle Financing

Volvo and Bank of China Co-operate in HD Vehicle Financing

GOTEBORG, Sweden, March 19, 2004 (PRIMEZONE) AB Volvo's subsidiary Volvo China Investment Co., Ltd. have signed a Master Co-operation Agreement with Bank of China in Beijing. The agreement was coordinated on Volvo's behalf by Volvo Financial Services. According to the agreement, Bank of China will provide Volvo China a ... Continue reading

Ford Credit to Present Credit University in New York and London

Ford Credit to Present Credit University in New York and London

Ford Motor Credit Company presents Credit University 2004, a financial overview and walk-through of information contained in Ford Motor Credit Company's 2003 10-K financial report. This is the third installment of Ford Credit's popular educational series for the investment community and the media. The purpose is to bui ... Continue reading

Pep Boys Prices Common Stock Offering

Pep Boys Prices Common Stock Offering

PHILADELPHIA--March 19, 2004--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket and service chain, today announced the pricing of its public offering of 4,250,000 shares of common stock at a price of $24.75 per share. All of these shares will be sold by the Company. Goldman, Sachs & Co., Mo ... Continue reading

AAA and Evenflo Urge Parents to Learn the '3 Bs'

AAA and Evenflo Urge Parents to Learn the '3 Bs'

New Educational Campaign Illustrates Why Children Age Four and Up Should Ride Buckled-Up in the Back Seat in a Booster Seat VANDALIA, Ohio, March 19 -- Evenflo(R) and AAA have teamed up to promote booster seat use for child passengers ages four and up. The "Put Big Kids in Booster Seats" effort urges parents to keep th ... Continue reading

Visteon Receives Award for Product Made in Sandusky

Visteon Receives Award for Product Made in Sandusky

SANDUSKY, Ohio, March 19 -- Visteon Corporation won the 2004 Automotive News PACE (Premier Automotive Supplier's Contribution to Excellence) Award for its Long Life Filtration, zero-maintenance air filter. The filter is manufactured at Visteon's Sandusky plant. Joy Greenway, Visteon's global director for powertrain pro ... Continue reading

Change of Seasons Increases Risk of Chipped Windshields

Change of Seasons Increases Risk of Chipped Windshields

PITTSBURGH--March 19, 2004--As winter's snow recedes, revealing an array of salt, sand and other materials applied to the nation's roadways to improve traction, the potential for this debris to become airborne and chip windshields is significantly greater. That's why PPG PROSTARS certified auto glass technicians are ur ... Continue reading

SAE 2004 World Congress Recap

SAE 2004 World Congress Recap

WARRENDALE, Pa., March 19 -- The SAE 2004 World Congress attendance was a success story of quality vs. quantity. Ford's Phil Martens says the energy was up, feedback from many of the exhibitors is great, the four day event featured an all-time high number of presentations, and SAE professional development programs at D ... Continue reading

TrimTrac Locator Awarded 2004 Frost & Sullivan's Best Bang for the Buck in Vehicle Tracking

TrimTrac Locator Awarded 2004 Frost & Sullivan's Best Bang for the Buck in Vehicle Tracking

SUNNYVALE, Calif., March 19 -- Trimble announced today that its new TrimTrac(TM) locator has been selected as the recipient of the 2004 Frost & Sullivan Best Bang for the Buck Award in vehicle tracking. The award is presented to the company that provides customers with a solution and/or service that provides the highes ... Continue reading

Two of Three Children Killed in Alcohol-Related Crashes Were Riding With Drinking Drivers; MADD to Unveil 'Child Endangerment Report' to Provide Solutions

Two of Three Children Killed in Alcohol-Related Crashes Were Riding With Drinking Drivers; MADD to Unveil 'Child Endangerment Report' to Provide Solutions

New Report to Take Aim at Raising Public Awareness and Closing Gaps in Child Endangerment DUI Laws; MADD to Issue Intervention Tips to Protect Children from Becoming Victims WHAT: NEWS CONFERENCE where Mothers Against Drunk Driving (MADD) will unveil its new "Child Endangerment Report: Every Child Deserves a Designated ... Continue reading

AAA Texas: Weekend Gas Watch; Pump Prices Drift Lower

AAA Texas: Weekend Gas Watch; Pump Prices Drift Lower

HOUSTON--March 19, 2004--Pump prices in Texas drifted slightly lower this week despite crude oil prices hitting a 13-year high, according to AAA Texas' Weekend Gas Watch. Currently, the Texas average for a gallon of regular self-serve gasoline is $1.605 -- a tenth of a penny lower than last week's average. San Antonio ... Continue reading

Plaintiffs' Attorney Joseph Lisoni Claims News Media Was Inaccurate in Coverage of Firestone Case Ruling

Plaintiffs' Attorney Joseph Lisoni Claims News Media Was Inaccurate in Coverage of Firestone Case Ruling

PASADENA, Calif.--March 19, 2004--In the wake of a ruling Wednesday by a California Superior Court Judge denying a motion, without prejudice, to certify a national class action lawsuit against Bridgestone/Firestone, Inc. for alleged defects in its Steeltex tire series, plaintiffs' attorney Joseph L. Lisoni said today t ... Continue reading

Autosport Development Qualifying Report

Autosport Development Qualifying Report

FOR IMMEDIATE RELEASE Contact: John Thawley 248.227.0110 johnt@c2group.com Autosport Development GTO Completes Qualifying Round At Sebring Hayner puts it on the grid 25th Friday’s race Sebring, Fla – March 20, 2004 Methodically edging the brand new #5 GMAC Commercial Finance / Trenton Forging GTO up to spee ... Continue reading

Descendants of Wright Brothers and Henry Ford to Unveil Historic Plane at Henry Ford Museum

Descendants of Wright Brothers and Henry Ford to Unveil Historic Plane at Henry Ford Museum

DEARBORN, Mich., March 19 -- Today marks history for automotive and aviation enthusiasts alike. The world's only authentic reproduction of the Wright brothers' 1903 Flyer will be installed at Henry Ford Museum in Dearborn, Michigan -- marking how mass air and land travel truly come together in the story of one man, Hen ... Continue reading

MOPAR BOASTS NEW FACES AND NEW GOALS IN COPPER WORLD OPENER

MOPAR BOASTS NEW FACES AND NEW GOALS IN COPPER WORLD OPENER

NEWS RELEASE March 19, 2004 FOR IMMEDIATE RELEASE TEAM MOPAR CONTACT: Misha Geisert J.R. Thompson Company (317) 432-4110 MoparPR@aol.com MOPAR BOASTS NEW FACES AND NEW GOALS IN 2004 Center Line, Mich. - The 2004 Team Mopar members are ready to tackle a season of firsts as the USAC racing season opens this weekend with ... Continue reading

CORONADO PAINT JOINS ASA MEMBER TRACK PROGRAM

CORONADO PAINT JOINS ASA MEMBER TRACK PROGRAM

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

County Providing Free Flexcar Car-Sharing to Everyone Who Lives and Works in Arlington

County Providing Free Flexcar Car-Sharing to Everyone Who Lives and Works in Arlington

ARLINGTON, Va.--March 19, 2004-- Car-Sharing Program Designed to Increase Transit Ridership and Reduce Traffic In an unprecedented effort to reduce traffic congestion, increase transit ridership and provide mobility options to everyone who lives and works in the area, Arlington County, next Tuesday, March 23, will team ... Continue reading

The 13th Annual Northwest Michigan Camper & RV Show is coming to the Grand Traverse County Civic Center

The 13th Annual Northwest Michigan Camper & RV Show is coming to the Grand Traverse County Civic Center

TRAVERSE CITY, Mich., March 18 -- The Michigan Association of Recreation Vehicles and Campgrounds (MARVAC) is sponsoring the 13th Annual Northwest Michigan Camper & RV Show, March 26-28, 2004, at the Grand Traverse County Civic Center (Howe Arena) in Traverse City, Mich. New, year 2004 recreation vehicles will be on di ... Continue reading

CALHOUN COUNTY COMPLETES 2004 ASA LATE MODEL SERIES SCHEDULE

CALHOUN COUNTY COMPLETES 2004 ASA LATE MODEL SERIES 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

Mitsubishi Motors Finalizes Sale of Mitsubishi Fuso Shares to DaimlerChrysler

Mitsubishi Motors Finalizes Sale of Mitsubishi Fuso Shares to DaimlerChrysler

JapanCorp: <http://www.japancorp.net/?page_num=1> Mitsubishi Motors Finalizes Sale of Mitsubishi Fuso Shares to DaimlerChrysler Tokyo, Japan, Mar. 18, 2004 - (JCN Newswire) - Mitsubishi Motors Corporation today finalized the sale of 22 percent of its 42 percent stake in Mitsubishi Fuso Truck and Bus Corporation (MFTBC) ... Continue reading

Meritor WABCO's Stability Control System Wins Technical Achievement Award from Truck Writers of North America

Meritor WABCO's Stability Control System Wins Technical Achievement Award from Truck Writers of North America

FT. LAUDERDALE, Fla., March 18 -- Meritor WABCO Vehicle Control Systems' Roll Stability Control (RSC) for tractors and trucks has won the 2003 Technical Achievement Award from the Truck Writers of North America (TWNA). TWNA president Rolf Lockwood, editorial director for New Communications Group, presented the award to ... Continue reading

Petersen/ White Lightning Qualifies In Sebring Top-5

Petersen/ White Lightning Qualifies In Sebring Top-5

Petersen/ White Lightning Qualifies In Sebring Top-5 SEBRING, Fla., March 18, 2004 - Petersen Motorsports/ White Lightning Racing qualified the No. 31 Westward Ho Casino/ MMPIE/ PAWS/ Justice Brothers Porsche 911 GT3 RS fifth in GT class here today. Craig Stanton, of Long Beach, Calif., piloted the Michelin-tired Porsc ... Continue reading

Surface Tech Inc. Announces The Market Debut By Horsepower Speed & Marine Of Its Marine Supercharger

Surface Tech Inc. Announces The Market Debut By Horsepower Speed & Marine Of Its Marine Supercharger

IRVINE, Calif.--March 18, 2004--Surface Tech Inc. (Pink Sheets:SFCI) announced Horsepower Speed & Marine's introduction to the marine performance marketplace. Surface Tech recently issued Horsepower Speed & Marine a letter of intent for its purchase. Horsepower Speed & Marine will be introducing its newest development ... Continue reading

TEAM RAHAL ANNOUNCES EXPANSION OF ITS 2004 INDY RACING LEAGUE PROGRAM

TEAM RAHAL ANNOUNCES EXPANSION OF ITS 2004 INDY RACING LEAGUE PROGRAM

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

Cooper Tire Increases 2004 Advertising Expenditures, Launches New Relationship-Based Campaign

Cooper Tire Increases 2004 Advertising Expenditures, Launches New Relationship-Based Campaign

FINDLAY, Ohio--March 18, 2004--Cooper Tire & Rubber Company today unveiled a multi-million dollar advertising campaign aimed at reinforcing the Cooper Tire brand's strong performance and value. The campaign adds to Cooper's ongoing tag line, "Don't Give Up a Thing," with an additional message, "Get Everything You Want. ... Continue reading

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