The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

May 2001

Select Another Month

Tuesday, May 1, 2001

AAA Texas Offers Money Saving Tips as Gas Prices Creep Up

AAA Texas Offers Money Saving Tips as Gas Prices Creep Up

HOUSTON--May 1, 2001--Texans are paying an average of 20 cents more per gallon for self-serve gasoline today than they were only a month ago. MONEY SAVING TIPS: There are steps motorists can take to save fuel and money while driving: -- Consolidate trips and errands to cut down on driving time. -- Find one location whe ... Continue reading

AutoTradeCenter Signs Contract with Volvo Finance North America Inc. to Provide Internet Vehicle Remarketing Program

AutoTradeCenter Signs Contract with Volvo Finance North America Inc. to Provide Internet Vehicle Remarketing Program

SCOTTSDALE, Ariz.--May 1, 2001--AutoTradeCenter (OTC BB: AUTC) Tuesday announced that it has signed a one-year contractual remarketing agreement with Volvo Finance North America Inc. (Volvo Finance). The agreement provides a Web-enhanced remarketing program for the disposition of Volvo Finance's 30,000 plus annual matu ... Continue reading

Avis Rent A Car Acquires Baker Car & Truck Rental, Inc.

Avis Rent A Car Acquires Baker Car & Truck Rental, Inc.

GARDEN CITY, N.Y., MAY 1 Avis Rent A Car System, Inc., a subsidiary of Cendant Corporation , today announced that it has acquired Baker Car and Truck Rental, Inc., the largest Avis system franchisee. Terms of the transaction were not disclosed. Baker Car and Truck Rental, headquartered in Little Rock, Arkansas, generat ... Continue reading

Collins & Aikman Unveils COMET 5.0 At SAE Expo; Major New Release Planned for Acoustics Prediction Modeling Software

Collins & Aikman Unveils COMET 5.0 At SAE Expo; Major New Release Planned for Acoustics Prediction Modeling Software

TROY, Mich.--May 1, 2001--Collins & Aikman Corporation today unveiled COMET(R) 5.0, the latest version of the Company's comprehensive acoustic predictive modeling software, at the 2001 Society of Automotive Engineers' Noise & Vibration Conference & Exposition in Traverse City, Michigan. With COMET 5.0, Collins & Aikman ... Continue reading

CPSC, NHTSA, Evenflo Announce Recall to Repair Evenflo® Joyride® Car Seats/Carriers

CPSC, NHTSA, Evenflo Announce Recall to Repair Evenflo® Joyride® Car Seats/Carriers

WASHINGTON, D.C. - In cooperation with the U.S. Consumer Product Safety Commission (CPSC) and the National Highway Traffic Safety Administration (NHTSA), Evenflo Co. Inc., of Vandalia, Ohio, is recalling about 3.4 million Joyride® infant car seats/carriers. When the seat is used as an infant carrier, the handle can un ... Continue reading

DynaMotive to Focus in Biofuels and Derivative Products Says Andrew Kingston, President and CEO, Intention to Divest its Metal Cleaning Subsidiary is Announced

DynaMotive to Focus in Biofuels and Derivative Products Says Andrew Kingston, President and CEO, Intention to Divest its Metal Cleaning Subsidiary is Announced

VANCOUVER, May 1 - DynaMotive Technologies Corporation (OTCBB: DYMTF) announced today that it intends to focus exclusively in the bioenergy field and in the development of BioOil derivative products and that it intends to divest its Metal Cleaning Subsidiary, DynaPower, Inc. (DynaPower). Furthermore, it announced that ... Continue reading

Electric Fuel Announces Electric Bus Test Drive Program to Commence in May; First Test Drives in New York, Followed by on-Road Drives in Nevada

Electric Fuel Announces Electric Bus Test Drive Program to Commence in May; First Test Drives in New York, Followed by on-Road Drives in Nevada

NEW YORK, May 1 Electric Fuel Corporation today announced that the first set of test drives under its Phase 2 contract with the Federal Transit Administration (FTA) for the development and evaluation of a zinc-air electric transit bus will commence this month at a test track in New York State. The Company also said tha ... Continue reading

Electric Vehicle Progress Editor, Layne Holley, Will Speak at This Year's Canadian Electric Vehicle Conference

Electric Vehicle Progress Editor, Layne Holley, Will Speak at This Year's Canadian Electric Vehicle Conference

NEW YORK, May 1 At this years Electric Vehicle Association of Canada (EVAC) annual conference entitled "Electric Vehicle Business Opportunities: Transportation for This Century." Editor Layne Holley is one of 12 distinguish industry presenters who will take center stage on May 2 - May 5, 2001 in Kelowna, BC, Canada. Ms ... Continue reading

Eventra Names Michael Richardson Chief Technology Officer

Eventra Names Michael Richardson Chief Technology Officer

MILFORD, Conn.--May 1, 2001--Eventra, Inc., a leading provider of supplier relationship management (SRM) software for the direct material supply chain, today announced it has named Michael Richardson Chief Technology Officer. Richardson will be responsible for defining Eventra's product technology vision and strategy, ... Continue reading

Federal-Mogul Announces Agreement to Sell Aviation Ignition Products Division

Federal-Mogul Announces Agreement to Sell Aviation Ignition Products Division

SOUTHFIELD, Mich., May 1 Federal-Mogul Corporation today announced that its subsidiary, Federal-Mogul Ignition Company, has signed an agreement to sell its Champion(R) aviation ignition products division in Liberty, South Carolina, to TransDigm Inc. The sale is subject to regulatory review, with an expected approval in ... Continue reading

Harley-Davidson Extends MDI Entertainment License for Lotteries' Hottest Brand

Harley-Davidson Extends MDI Entertainment License for Lotteries' Hottest Brand

HARTFORD, Conn.--May 1, 2001--MDI Entertainment, Inc. (NASDAQ SC:LTRY) announced today that it has been granted a three-year renewal of its exclusive lottery licensing agreement with Harley-Davidson(R) Motor Company , continuing the partnership that has launched more than 30 Harley-Davidson lottery game promotions thro ... Continue reading

Joe Nemechek Joins the Jarrett/Favre Driving Adventure

Joe Nemechek Joins the Jarrett/Favre Driving Adventure

ORLANDO, Fla., May 1 The Jarrett/Favre Driving Adventure (OTC Bulletin Board: JVTT) today announced that Winston Cup driver Joe Nemechek has joined its ranks. Former Busch Series Grand National Champion Nemechek and 1999 Winston Cup Champion Dale Jarrett said the company's focus is becoming the nation's premier driving ... Continue reading

Kennametal Named GM Supplier of the Year for Fifth-Straight Year; One of Only 30 Suppliers in the World Honored for Five or More Years

Kennametal Named GM Supplier of the Year for Fifth-Straight Year; One of Only 30 Suppliers in the World Honored for Five or More Years

LATROBE, Pa., May 1 Kennametal Inc. has been named a Supplier of the Year by General Motors Corporation (GM) for the fifth- consecutive year. Markos I. Tambakeras, president and chief executive officer and Derwin R. Gilbreath, vice president and chief operating officer, Metalworking Solutions and Services Group, accept ... Continue reading

Meteor Industries, Inc. Completes Merger with Active IQ Technologies, Inc.

Meteor Industries, Inc. Completes Merger with Active IQ Technologies, Inc.

DENVER, May 1 Meteor Industries, Inc. today announced it has completed its previously announced merger with Active IQ Technologies, Inc. . In a related and concurrent action, Meteor Industries announced that it has completed the sale of its operating business to its major shareholder, Capco Energy, Inc. (OTC Bulletin B ... Continue reading

Milacron to Open Showroom for Its "100-Mile-per-gallon Muscle Car" of Industrial Technologies - the All-electric Injection Molding Machine

Milacron to Open Showroom for Its "100-Mile-per-gallon Muscle Car" of Industrial Technologies - the All-electric Injection Molding Machine

CINCINNATI--May 1, 2001-- Energy-saving, High-performance Machines Could Save U.S. $1+ Billion Annually in Energy, Company Says Yes, there is a 100-mile-per-gallon muscle car - at least for the plastics molding industry. This all-electric injection molding machine is here today for the industry that makes handheld comp ... Continue reading

OnQuest Technologies, Inc., Keeps E-Commerce Afloat for the OEM, Distribution, and Retail Marketplace With OnQuest WebTools 3.0.1

OnQuest Technologies, Inc., Keeps E-Commerce Afloat for the OEM, Distribution, and Retail Marketplace With OnQuest WebTools 3.0.1

MIAMI--May 1, 2001--Despite the economic factors that have afflicted Internet application developers and online shopping centers "DOT COMS" in the first quarter, OnQuest Technologies kept a steady pace in the development of its applications, growth, revenue and customer share. Earlier this year OnQuest Technologies, In ... Continue reading

Route 66 Lives: WESTWAYS Features ``The Mother Road''; Magazine Also Highlights the Importance of Public Transit

Route 66 Lives: WESTWAYS Features ``The Mother Road''; Magazine Also Highlights the Importance of Public Transit

LOS ANGELES--May 1, 2001--WESTWAYS magazine's May/June issue features the nostalgia of Route 66 with writers Alan Rider and Robert Earle Howells describing their adventures touring the "mother road" on the eve of the road's 75th anniversary. Readers can join the pair, who began their adventure in Chicago in a 2000 Chev ... Continue reading

RubberNetwork.com, LLC Names Ron Wells as Vice President of Business Development

RubberNetwork.com, LLC Names Ron Wells as Vice President of Business Development

Executive Joins RubberNetwork(SM) Team to Lead Global Business Development ATLANTA, May 1 RubberNetwork.com, LLC, a global electronic purchasing and procurement marketplace created by six leading companies in the tire and rubber industry, has named Ron Wells as Vice President of Business Development. He will be respons ... Continue reading

Shelby Series 1 and Cobra Daytona Coupe Land Starring Role In Summer Action Thriller 'Rollerball'

Shelby Series 1 and Cobra Daytona Coupe Land Starring Role In Summer Action Thriller 'Rollerball'

Legendary Automaker and Racing Legend Carroll Shelby Makes Cameo Appearance in Film LOS ANGELES, May 1 The high performance Shelby Series 1 sports car and Carroll Shelby's own world famous Cobra Daytona Coupe, will make their movie debuts this summer in MGM's action thriller "Rollerball." Directed by John McTiernan, th ... Continue reading

Syntroleum Announces First Quarter 2001 Results

Syntroleum Announces First Quarter 2001 Results

TULSA, Okla., May 1 Syntroleum Corporation today announced financial results for the first quarter ended March 31, 2001. The company reported a loss for the first quarter of $6.07 million, or $.18 per share, on revenue of $1.39 million. This compares to a loss of $5.35 million or $.20 per share on revenue of $3.88 mill ... Continue reading

TurboCoverage Names Insurance Executive Phil Barry CEO

TurboCoverage Names Insurance Executive Phil Barry CEO

Former Ford Executive Ron Goldsberry Appointed to Board of Directors Of Nation's First Web-Based Auto Insurance Platform for Auto Dealerships PALO ALTO, Calif., May 1 TurboCoverage, the nation's first web-based auto insurance service exclusively for car buyers in auto dealerships, announced today that insurance executi ... Continue reading

USF Reddaway Receives Quality Service Award From Air Products & Chemicals, Inc.

USF Reddaway Receives Quality Service Award From Air Products & Chemicals, Inc.

PORTLAND, Ore.--May 1, 2001--USF Reddaway Inc., a regional carrier unit of USFreightways Corporation, announced today that it has been awarded a Quality Performance Award for 2000 by Air Products & Chemicals, Inc. Air Products presents its quality performance awards annually as part of its Vendor Challenge Campaign. Pe ... Continue reading

Westar Financial Reports Strong Profits for 4Q01; EPS Increases $.99 to $.18, Revenues Increase 205%

Westar Financial Reports Strong Profits for 4Q01; EPS Increases $.99 to $.18, Revenues Increase 205%

TUMWATER, Wash.--May 1, 2001--Westar Financial Services Incorporated (OTCBB:WEST), the leading automobile e-finance company, today reported that rapidly accelerating revenues contributed to significantly increased net income and widening margins for its fiscal fourth quarter ended March 31, 2001. Revenues increased 205 ... Continue reading

WESTWAYS Features ``Eight Great'' Used-Book Stores; Shops Specializing in California History, Hollywood Biographies, Art History, Cookbooks and More Highlighted

WESTWAYS Features ``Eight Great'' Used-Book Stores; Shops Specializing in California History, Hollywood Biographies, Art History, Cookbooks and More Highlighted

LOS ANGELES--May 1, 2001--WESTWAYS magazine's May/June issue lifestyle section features "Eight Great Used-Book Stores" for readers who love lazy browsing or discovering literary treasures on their wish list. The "Eight Great..." lists are a new feature in the magazine published by the Automobile Club of Southern Califo ... Continue reading

Accuride Restructures Light Wheel Production

Accuride Restructures Light Wheel Production

EVANSVILLE, Ind. & COLUMBIA, Tenn.--May 1, 2001--Today, Accuride Corporation announced plans to optimize its operations by restructuring the Company's light wheel operations and closing its Columbia, Tennessee, facility. Accuride will consolidate the production of light wheels currently produced in Columbia into its ot ... Continue reading

ADVISORY/Valeo Honored by General Motors as a 2000 Supplier of the Year

ADVISORY/Valeo Honored by General Motors as a 2000 Supplier of the Year

-- Valeo was named a General Motors Supplier of the Year, recognizing superior performance in the areas of quality, service, technology and price of the company's starters and IP switches activities. The award was presented during ceremonies Saturday, April 28 at the historic Warner Theatre in the nation's capital. You ... Continue reading

California Civic Leader Elected AAA Chairman

California Civic Leader Elected AAA Chairman

PALM DESERT, Calif.--May 1, 2001--Robert J. Cardoza, California business and community leader and former banking executive, has been elected chairman of the AAA Board of Directors at the 98th AAA Annual Meeting here today. Approximately 1,000 delegates and club officials, representing the federation's 81 affiliated clu ... Continue reading

Kenwick Industries Inc. Announces Board of Directors' Decision Regarding Automax Group Inc. Dividend Distribution to its Shareholders

Kenwick Industries Inc. Announces Board of Directors' Decision Regarding Automax Group Inc. Dividend Distribution to its Shareholders

DELRAY BEACH, Fla.--May 1, 2001--Kenwick Industries Inc. (OTCBB:KWINE) announced today the results of its Board of Directors meeting regarding various distribution strategies of Automax Group Inc. (Pink Sheets:AMXX) shares to its existing shareholders. Kenwick Industries Inc. owns approximately 75% of Automax Group Inc ... Continue reading

Modesto's Robert J. Cardoza Elected Chair of AAA National Board

Modesto's Robert J. Cardoza Elected Chair of AAA National Board

PALM DESERT, Calif.--May 1, 2001--Modesto resident Robert J. Cardoza, who got his first AAA card when he was 14, has been elected Chair of the national Board of Directors of AAA, the 44-million member auto club that works to insure the safety and security of all travelers. More than 1,000 delegates and officials repres ... Continue reading

ON24 Audio Investor Alert: UPDATE: Analyst Expects Ford to Continue to Lose Market Share

ON24 Audio Investor Alert: UPDATE: Analyst Expects Ford to Continue to Lose Market Share

-- Efrain Levy at Standard & Poor's says Ford's sales decline is slightly more than he expected. Ticker: Company: Ford Motor Co. ... Continue reading

ON24 Audio Investor Alert: UPDATE: Analyst: Favors GM Over Ford

ON24 Audio Investor Alert: UPDATE: Analyst: Favors GM Over Ford

-- Travis Pascavis at Morningstar.com says April auto sales came in-line with expectations and expects further weakness. For the complete streaming audio story users should access http://www.on24.com/index.html?id=56850&type=av&ref =bizwire Ticker: Company: Ford Motor Co. ... Continue reading

Profit Tools Fast-Tracks Features to Help Carriers Boost Sales

Profit Tools Fast-Tracks Features to Help Carriers Boost Sales

NEWMARKET, N.H.--May 1, 2001--Freight transportation software developer, Profit Tools, Inc., released several new features designed to help commercial trucking companies increase sales. The release has been a top priority since January, when the US economy showed continued signs of slowing down. The new features includ ... Continue reading

S&P Asgns Harmonized Rtgs to Canadian Tire Receiv Tr

S&P Asgns Harmonized Rtgs to Canadian Tire Receiv Tr

NEW YORK--Standard & Poor's--May 1, 2001-- Standard & Poor's today assigned its triple-'A'-rating on Canadian Tire Receivables Trust's (CTRT) various series of outstanding senior asset-backed notes and its double-'A'-rating on CTRT's various series of outstanding subordinated asset-backed notes (see list). The rating o ... Continue reading

Valeo Honored by General Motors as a 2000 Supplier of the Year; Company Receives Eighth GM Award

Valeo Honored by General Motors as a 2000 Supplier of the Year; Company Receives Eighth GM Award

WASHINGTON--May 1, 2001--Valeo was named a General Motors Supplier of the Year, recognizing superior performance in the areas of quality, service, technology and price of the company's starters and IP switches activities. The award was presented during ceremonies Saturday, April 28 at the historic Warner Theatre in the ... Continue reading

Visteon Debt Rating Confirmed By Moody's

Visteon Debt Rating Confirmed By Moody's

DEARBORN, Mich., May 1 Visteon Corp. is pleased that Moody's Investor Service has confirmed its debt ratings. Moody's statement recognized Visteon's relatively strong capital structure and the potential for earnings and cash flow generation from growth in non-Ford business and ongoing cost reductions. However, Chairman ... Continue reading

Visteon to Hold First Annual Meeting of Shareholders on May 9, 2001

Visteon to Hold First Annual Meeting of Shareholders on May 9, 2001

DEARBORN, Mich., May 1 Visteon Corporation , one of the world's leading suppliers of automotive components and integrated systems, will hold its first Annual Meeting of Shareholders as an independent company at 10 a.m. (EDT) Wednesday, May 9, 2001, at Villanova University near Philadelphia, Pa. (Photo: http://www.newsc ... Continue reading

Consumers Union:60 percent used the Internet to research new car specs.

Consumers Union:60 percent used the Internet to research new car specs.

Consumer Reports Survey: Less Than a Third of Potential Online Car Buyers Could Complete Their Auto Purchases Online...(Consumers Union) In the second annual Consumer Reports Auto Buying Survey, 64 percent of a nationally representative sample of recent car buyers and leasers said they would use the web either to make ... Continue reading

151 Police Officers Slain

151 Police Officers Slain

Auto Channel -- Robert Gordon, Co-Publisher ON THE SCENE PRODUCTIONS PRESENTS A SATELLITE MEDIA TOUR Last Year More Than 150 Law Enforcement Officers Were Killed In The Line Of Duty CRAIG FLOYD, Chairman and Executive Director of the National Law Enforcement Officers Memorial Fund HONORS THE SLAIN OFFICERS OF AMERICA T ... Continue reading

ADVISORY/Phony Airbag Scam on the Rise

ADVISORY/Phony Airbag Scam on the Rise

-- Airbag fraud may rank as one of the worst car repair scams -- with a few dishonest mechanics stuffing steering wheels and dashboards with everything from packing peanuts to empty beer cans. It's virtually impossible for the average consumer to tell just by looking at a used car if it has phony airbags. You can reach ... Continue reading

Correction / Addition to Press Release

Correction / Addition to Press Release

I omitted the Sportsman Results from the 4-28 Press Release. Here they are. ... Continue reading

Decoma announces results for the first quarter of 2001

Decoma announces results for the first quarter of 2001

CONCORD, ON, April 30 - Decoma International Inc. today announced its financial results for the first quarter of 2001 ended March 31, 2001. Three Month Periods (millions of U.S. dollars, Ended March 31 except per share figures) 2001 2000 Sales $ 444.1 $ 387.5 Operating Income $ 34.7 $ 38.8 Net Income $ 15.6 $ 20.5 Dilu ... Continue reading

MotoCiter.com Pro-Am Press Release and Winner Summary

MotoCiter.com Pro-Am Press Release and Winner Summary

Amelia Motor Raceway in Amelia, Virginia hosted the MotoCiter.Com Pro-Am Flat Track Race this Sunday, April 29. A total of $5,000 was paid out to winners of the two Expert classes. Marc Chimento, Promoter of AMR would like to thank everyone who played a part in making this event a success. He would also like to thank a ... Continue reading

TRW Wins 2000 General Motors Supplier of the Year Award

TRW Wins 2000 General Motors Supplier of the Year Award

SAO PAULO, Brazil--April 30, 2001--TRW has been awarded a 2000 General Motors Supplier of the Year Award for excellent performance in Quality, Service, Technology and Price. This event marks the fifth consecutive time that TRW's South American braking business has received this award from General Motors. Wilson Rocha, ... Continue reading

Transportacion Maritima Mexicana Reports First Quarter 2001 Financial Results

Transportacion Maritima Mexicana Reports First Quarter 2001 Financial Results

- 8 Cents Earnings Per Share for TMM - Closing of Securitization Program This Week - Approval From CNBV (Mexican SEC) To Proceed in Principle with Merger of Two Classes of Shares - Cost Reduction Program Expanded - Earnings Forecasts For 2001 Continues on Target - TFM Equity Options Described MEXICO CITY, April 30 -- T ... Continue reading

UNOVA Announces First Quarter Results

UNOVA Announces First Quarter Results

UNOVA, Inc. announced results for the first quarter of 2001 indicating continued revenue growth and cost reductions at its Automated Data Systems (ADS) segment and increased profits despite lower revenues for its Industrial Automation Systems (IAS) segments. "This quarter presented the strongest evidence yet that our A ... Continue reading

American Axle & Manufacturing Announces Q1 Earnings Per Share

American Axle & Manufacturing Announces Q1 Earnings Per Share

American Axle & Manufacturing Holdings, Inc. reported first quarter 2001 earnings per share of 51 cents, beating the consensus analyst earnings estimate of 43 cents per share by 19%. Despite an estimated 18% decrease in light truck production by AAM's largest customer, General Motors, sales in the first quarter of 2001 ... Continue reading

SatCon Posts Revenue for Fiscal 2001 Second Quarter

SatCon Posts Revenue for Fiscal 2001 Second Quarter

SatCon Technology Corporation(R) , a leader in power and energy management products, today announced financial results for its fiscal 2001 second quarter and six-month period ended March 31, 2001. Revenue for the second quarter rose 53% to $11.5 million compared with $7.5 million in the same period last year. Revenue f ... Continue reading

NGK Spark Plugs Honored by General Motors As a 2000 Supplier of the Year

NGK Spark Plugs Honored by General Motors As a 2000 Supplier of the Year

NGK Spark Plugs (USA), Inc. was named as a General Motors Supplier of the Year for its superior performance in quality, service, technology and price. The award was given during ceremonies Saturday, April 28 at the historic Warner Theatre in the nation's capital. "NGK Spark Plugs represents the best of the best and it ... Continue reading

Pennzoil-Quaker State Company Reports First Quarter 2001 Results

Pennzoil-Quaker State Company Reports First Quarter 2001 Results

Pennzoil-Quaker State Company today announced first quarter net income from continuing operations of $8.7 million or 11 cents per share, versus a loss of two cents per share a year ago. Prior year first quarter results from continuing operations included $13.9 million in non-recurring charges. Revenue from continuing o ... Continue reading

Emhart Fastening Teknologies Acquires Bamal Automotive Division

Emhart Fastening Teknologies Acquires Bamal Automotive Division

Emhart Fastening Teknologies, a world leader in fastening systems and assembly technology, announced today that it reached an agreement with Bamal Corporation to acquire the assets and ongoing business of its automotive division in Farmington Hills, Mich. Bamal Corporation is one of the nation's largest value-added dis ... Continue reading

Vibracoustic Enhances Vehicle Ride and Comfort through Total Solutions

Vibracoustic Enhances Vehicle Ride and Comfort through Total Solutions

To help automakers meet increasing consumer demands for quieter, more comfortable vehicles, Vibracoustic North America -- an independent wholly owned subsidiary of Freudenberg-NOK -- is developing advanced technologies and producing product packages and systems that reduce or eliminate noise, vibration and harshness (N ... Continue reading

Diodes, Inc. Reports First Quarter 2001 Results

Diodes, Inc. Reports First Quarter 2001 Results

Diodes Incorporated, a leading manufacturer and supplier of high quality discrete semiconductors, primarily to the telecommunications, computing, electronics and automotive industries, today reported financial results for the first quarter of fiscal year 2001 ended March 31, 2001. Revenues for the first quarter were $2 ... Continue reading

Lear Honored by GM In Two Categories as a 2000 Supplier of the Year

Lear Honored by GM In Two Categories as a 2000 Supplier of the Year

Lear Corporation announced that it was named as a General Motors Supplier of the Year for its superior performance in quality, service, technology and price. One award was given to Lear for its Memory Seat Module and Lear also received a GM/Fiat Partners Award for Interior Systems during ceremonies on Saturday, April 2 ... Continue reading

FinishMaster Announces Acquisition of Badger Paint Plus, Inc.

FinishMaster Announces Acquisition of Badger Paint Plus, Inc.

FinishMaster, Inc., announced effective May 7, 2001, the acquisition of Badger Paint Plus, Inc. Headquartered in Fridley, Minnesota, Badger consists of six locations in three states. The three locations in Minnesota will provide a new hub for future growth, while the two locations in Chicago and one in Milwaukee will i ... Continue reading

ADVISORY/Photo Regarding the 2001 BMW Ultimate Drive for the Susan G. Komen Breast Cancer Foundation is Available on AP PhotoExpress and Wirepix.com

ADVISORY/Photo Regarding the 2001 BMW Ultimate Drive for the Susan G. Komen Breast Cancer Foundation is Available on AP PhotoExpress and Wirepix.com

-- The photo is BW1 on AP PhotoExpress. The photo is on Wirepix.com at URL: http://www.wirepix.com/newsphotos Photo caption reads: Workers at the BMW facility in Woodcliff Lake, NJ prepare signature vehicles for painting in preparation of the 2001 BMW Ultimate Drive for the Susan G. Komen Breast Cancer Foundation. For ... Continue reading

AutoTradeCenter Signs Contract with Volvo Finance North America Inc. to Provide Internet Vehicle Remarketing Program

AutoTradeCenter Signs Contract with Volvo Finance North America Inc. to Provide Internet Vehicle Remarketing Program

SCOTTSDALE, Ariz.--May 1, 2001--AutoTradeCenter (OTC BB: AUTC) Tuesday announced that it has signed a one-year contractual remarketing agreement with Volvo Finance North America Inc. (Volvo Finance). The agreement provides a Web-enhanced remarketing program for the disposition of Volvo Finance's 30,000 plus annual matu ... Continue reading

Capital Automotive Named One of the Top 125 Largest Public Companies in Washington, D.C. Metro Area

Capital Automotive Named One of the Top 125 Largest Public Companies in Washington, D.C. Metro Area

MCLEAN, Va., May 1 Capital Automotive REIT , the nation's leading specialty finance company for automotive retail real estate, today announced it was named by the Washington Post to its list of the Top 125 largest public companies in the Washington D.C. Metro area. The Top 125 are ranked by revenue as reported for the ... Continue reading

Consumer Reports Survey: Less Than a Third of Potential Online Car Buyers Could Complete Their Auto Purchases Online

Consumer Reports Survey: Less Than a Third of Potential Online Car Buyers Could Complete Their Auto Purchases Online

Car Shoppers Use the Web Primarily to Gather Information, According to The 2001 Auto Buying Survey Conducted by Consumer Reports New Car Price Service YONKERS, N.Y., May 1 In the second annual Consumer Reports Auto Buying Survey, 64% of a nationally representative sample of recent car buyers and leasers said they would ... Continue reading

DaimlerChrysler Moves to Live eLearning Solution from Centra To Reduce Costs and Accelerate Training on Financial Systems

DaimlerChrysler Moves to Live eLearning Solution from Centra To Reduce Costs and Accelerate Training on Financial Systems

LEXINGTON, Mass.--May 1, 2001--Centra , the world's leading provider of software and ASP services for live eLearning and collaboration, today announced that the Finance Training College of DaimlerChrysler Corporation has deployed Centra Symposium(TM) virtual classroom software to provide eLearning to its employees. The ... Continue reading

DANA LAUNCHES WWW.PAULDANA.COM

DANA LAUNCHES WWW.PAULDANA.COM

FOR IMMEDIATE RELEASE DANA LAUNCHES WWW.PAULDANA.COM INDIANAPOLIS, IND. (May 1, 2001)- U.S. F2000 National Championship driver Paul Dana is pleased to announce the launch of his new website, www.pauldana.com. The site provides information on Dana's career, including this year's rookie campaign in the U.S. F2000 Nationa ... Continue reading

Delphi Executive to Serve Second Term As Battery Council International President

Delphi Executive to Serve Second Term As Battery Council International President

Pogue identifies three key industry issues LAS VEGAS, May 1 If asked what product has the most recycled content in the U.S. each year, you might answer aluminum cans, glass bottles or newspapers. But would you believe lead-acid batteries top the list? Approximately 96 percent of all battery lead is recycled, according ... Continue reading

Delphi Opens Customer Center Dedicated to Ford Business

Delphi Opens Customer Center Dedicated to Ford Business

DEARBORN, Mich., May 1 In a dedication ceremony of Delphi Automotive Systems' newly constructed Delphi Dearborn Customer Service Center here last night, Delphi Chairman, CEO and President J.T. Battenberg III announced that Delphi has greatly increased its booked contracts with Ford Motor Company since 1999. Those contr ... Continue reading

Kawasaki Celebrates Anniversary of Its e-Commerce Site; ARI's EMPARTweb Electronic Parts Catalog Provides Key Content for Site

Kawasaki Celebrates Anniversary of Its e-Commerce Site; ARI's EMPARTweb Electronic Parts Catalog Provides Key Content for Site

MILWAUKEE--May 1, 2001--ARI Network Services, Inc. , a leading provider of Partner Relationship Management (PRM) and business-to-business (B2B) Internet e-Commerce solutions for equipment manufacturers with shared service and distribution networks announced that Kawasaki Motors Corp., U.S.A. (Kawasaki), of Irvine, Cali ... Continue reading

Lancaster Colony Reports Third Quarter, Nine Months Results

Lancaster Colony Reports Third Quarter, Nine Months Results

COLUMBUS, Ohio, May 1 Lancaster Colony Corporation today reported net sales for the company's third fiscal quarter ended March 31, 2001, increased four percent to $272 million compared to net sales of $262 million achieved in the third quarter last year. Net income was $19,453,000, down three percent from $20,102,000 e ... Continue reading

LumiLeds Turns to Agilera as ASP Partner for J.D. Edwards Applications; Agilera Provides Fast Integration and Flexible Hosting Platform for Philips Lighting/Agilent Joint Venture

LumiLeds Turns to Agilera as ASP Partner for J.D. Edwards Applications; Agilera Provides Fast Integration and Flexible Hosting Platform for Philips Lighting/Agilent Joint Venture

ENGLEWOOD, Colo.--May 1, 2001--Agilera, a leading full-service pure-play application service provider (ASP), today announced that LumiLeds Lighting, a Philips Lighting/Agilent joint venture and the global leader in LED lighting, has selected Agilera to host its J.D. Edwards OneWorld(R) applications, which include manuf ... Continue reading

Myers Industries Begins Trading on the New York Stock Exchange

Myers Industries Begins Trading on the New York Stock Exchange

AKRON, Ohio--May 1, 2001--Myers Industries, Inc. announced this morning that the Company's stock will begin trading on the New York Stock Exchange (NYSE) today. Shares will continue to trade under the symbol "MYE". Myers Industries is making the switch to the NYSE from the American Stock Exchange. Stephen E. Myers, Pre ... Continue reading

OSI Systems Inc. Announces Pre-Tax Gain of Approximately $1.1 Million from Venture Investment

OSI Systems Inc. Announces Pre-Tax Gain of Approximately $1.1 Million from Venture Investment

HAWTHORNE, Calif.--May 1, 2001---OSI Systems Inc. today announced that as a result of the acquisition of a company in which OSI Systems invested, OSI Systems has received a total consideration of approximately $1.4 million. This consideration does not include a hold back of approximately $167,000. OSI Systems invested ... Continue reading

PennEngineering Announces Distribution of Stock Dividend

PennEngineering Announces Distribution of Stock Dividend

DANBORO, Pa.--May 1, 2001--PennEngineering announced that the 2 for 1 stock split declared on January 31, 2001 will be distributed today, May 1, 2001, to shareholders of record on April 11, 2001. This stock split will increase the number of shares of Common Stock outstanding to approximately 13,832,000 from 6,916,000 a ... Continue reading

PeopleFirst.com Selected as World-Wide Finalist for 2001 Computerworld Honors 21st Century Achievement Awards

PeopleFirst.com Selected as World-Wide Finalist for 2001 Computerworld Honors 21st Century Achievement Awards

Online Vehicle Financing Company Honored for Outstanding Use of Information Technology SAN DIEGO, May 1 PeopleFirst.com (http://www.peoplefirst.com), the nation's largest online vehicle lender, has been selected as a world-wide finalist for the 2001 Computerworld Honors 21st Century Achievement Awards. Selected from a ... Continue reading

PPG Co-Sponsors Conference On Repair Technician Retention

PPG Co-Sponsors Conference On Repair Technician Retention

STRONGSVILLE, Ohio--May 1, 2001--Losing a skilled technician can cost a collision repair center $10,000 in lost productivity and the time and expense associated with searching for a new employee. To address this critical issue, PPG Industries has teamed with the Inter-Industry Conference on Auto Collision Repair (I-CAR ... Continue reading

REMINDER/NEOSA Event Features ECom-Ohio Director Presenting Auto Supplier B2B Practices Survey Results

REMINDER/NEOSA Event Features ECom-Ohio Director Presenting Auto Supplier B2B Practices Survey Results

CLEVELAND--May 1, 2001--A new study from ECom-Ohio, a non-profit organization whose mission is to accelerate the rate of e-commerce adoption in the state of Ohio, offers a revealing glimpse of the extent of technology adoption in the automotive supply chain sector of Ohio's industry. Results from the survey include com ... Continue reading

the pci group Presents Project Management Best Practices Forum 2001

the pci group Presents Project Management Best Practices Forum 2001

TROY, Mich.--May 1, 2001--the pci group (pci) will again sponsor the annual Project Management Best Practices Forum. The forum targets industry leaders interested in enhancing their competitive edge by understanding current best practices in program management and determining how their organizations meet these standard ... Continue reading

Traffic.com to Provide Information for Premiere Traffic Network

Traffic.com to Provide Information for Premiere Traffic Network

WAYNE, Pa.--May 1, 2001--Traffic.com, the leading provider of digital traffic and logistics information, announced today that it has signed an agreement with Premiere Traffic Network to provide traffic information to select markets. The content will be supplemented with information that Clear Channel's Premiere Traffic ... Continue reading

Accident Control System Developed Protects Trucking Firms From Liability

Accident Control System Developed Protects Trucking Firms From Liability

Safe Transportation Systems, Inc. released a legal opinion by David Lunny of Devlin, Jensen, Barristers and Solicitors, Vancouver, British Columbia, of the new STS Accident Control and Anti-Jackknife System. The opinion states, "...where STS safety system products are in manufacture and readily available to all new tru ... Continue reading

Live TV Coverage of Barrett-Jackson Classic Car Auction Through 2004

Live TV Coverage of Barrett-Jackson Classic Car Auction Through 2004

SCOTTSDALE, Ariz.--May 1, 2001--Barrett-Jackson Auction Co. Tuesday announced that its contract with Speedvision Network has been continued through 2004. The Stamford, Conn. headquartered Speedvision Network has produced live coverage of the Barrett-Jackson Classic Car Auction, held each January in Scottsdale, since 19 ... Continue reading

Virtual Car Show Nears 1,500 Entrants; Public Voting Begins May 15

Virtual Car Show Nears 1,500 Entrants; Public Voting Begins May 15

PHILADELPHIA--May 1, 2001--Pep Boys , the nation's leading full-service automotive aftermarket retail and service chain, today announced that its first nationwide "Virtual Car Show" is closing in on a grand total of 1,500 entrants from 47 states, possibly making it the largest and most diverse online car show ever. The ... Continue reading

CPSC, NHTSA, Evenflo Announce Recall to Repair Evenflo Joyride Car Seats/Carriers

CPSC, NHTSA, Evenflo Announce Recall to Repair Evenflo Joyride Car Seats/Carriers

WASHINGTON--May 1, 2001--In cooperation with the U.S. Consumer Product Safety Commission (CPSC) and the National Highway Traffic Safety Administration (NHTSA), Evenflo Co. Inc. of Vandalia, Ohio, is recalling about 3.4 million Joyride(R) infant car seats/carriers. When the seat is used as an infant carrier, the handle ... Continue reading

Cannondale Announces Financial Results For the Q3 of Fiscal Year 2001

Cannondale Announces Financial Results For the Q3 of Fiscal Year 2001

Cannondale Corporation announced results for the third quarter of fiscal 2001, the period ended March 31, 2001. For the three months ended March 31, 2001, net sales were $32,636,000 compared to $40,308,000 recorded for the same period last year. Included in the net sales amount is approximately $1.7 million in motorspo ... Continue reading

Delphi, D.O.E., and ORNL Implement Energy Saving Heat-Treat Furnace

Delphi, D.O.E., and ORNL Implement Energy Saving Heat-Treat Furnace

Delphi Automotive Systems and the Department of Energy (D.O.E.) celebrate today the successful implementation of nickel aluminide heat-treat fixtures developed jointly under a cooperative research and development agreement (CRADA). Use of nickel aluminide fixtures instead of traditional steel fixtures at Delphi has ext ... Continue reading

Four Dana Operations Honored by General Motors as Suppliers of the Year

Four Dana Operations Honored by General Motors as Suppliers of the Year

Dana Corporation today announced that four of its divisions have been named as Suppliers of the Year by General Motors Corporation for their superior performance in quality, service, technology, and price. The awards were presented during ceremonies Saturday at the Warner Theatre in Washington, D.C. (Photo: http://www. ... Continue reading

General Motors Names Gentex a 2000 Supplier of the Year

General Motors Names Gentex a 2000 Supplier of the Year

Gentex Corporation, the world's leading supplier of automatic-dimming rearview mirrors to the worldwide automotive industry, has been named a General Motors Supplier of the Year. The award was presented this past weekend at a ceremony in Washington, D.C. Gentex is a five-time recipient of the prestigious award, which r ... Continue reading

Johnson Controls Delivers Systems and Components For the Jeep Liberty

Johnson Controls Delivers Systems and Components For the Jeep Liberty

Automotive interior supplier Johnson Controls is launching production of leading-edge interior systems and components for the Chrysler Group's all-new 2002 Jeep(R) Liberty. For the 2002 Jeep Liberty, Johnson Controls will supply the automaker with cockpit systems, seating systems, overhead consoles and a variety of ele ... Continue reading

Land Rover Takes Frisco, TX. for a 'Ride on the Wild Side'

Land Rover Takes Frisco, TX. for a 'Ride on the Wild Side'

Land Rover North America president and CEO Howard I. Mosher, along with the Land Rover Frisco retail staff and Dallas event planner Cynthia Cathcart, are taking the Dallas area for a "Ride on the Wild Side" with the grand opening of Land Rover Frisco, one of the newest Land Rover Centres in the U.S. Land Rover Frisco's ... Continue reading

Lear Corp. Has the All-New Jeep(R) Liberty Wired

Lear Corp. Has the All-New Jeep(R) Liberty Wired

When it came to working with the Chrysler Group on the all-new Jeep(R) Liberty, Lear Corporation's Electronics and Electrical Division (LEED) truly lived up to its name. LEED not only supplied the electrical distribution system for Jeep's newest sport- utility vehicle, but delivered the design specifications electronic ... Continue reading

Mazda Dealers to Participate in Booster Seat Giveaway

Mazda Dealers to Participate in Booster Seat Giveaway

In order to enhance child passenger safety, Mazda today announced the participation of its over 700 dealers in a nationwide booster seat giveaway program. The booster seat giveaway is one of the primary elements of the "Boost America!" program sponsored by Ford Motor Co. Boost America! will distribute one million boost ... Continue reading

NHTSA Study Confirms Reflective Tape On Big Trucks Reduces Crashes

NHTSA Study Confirms Reflective Tape On Big Trucks Reduces Crashes

A new study by the U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) confirms that the reflective tape now being required to make trailers on big trucks easier to see is effective in preventing crashes. The study estimates that fully-implemented federal visibility requirements f ... Continue reading

Pennzoil-Quaker State Company Completes Sale of Shreveport Refinery

Pennzoil-Quaker State Company Completes Sale of Shreveport Refinery

Pennzoil-Quaker State Company announced that it has completed the sale of its Shreveport, Louisiana refinery and related assets to Calumet Lubricants Company, L.P. Financial terms of the transaction were not disclosed. "This is truly a transformational day for Pennzoil-Quaker State Company. With this transaction, we ha ... Continue reading

Strong Demand Seen for Composites in Transportation

Strong Demand Seen for Composites in Transportation

Recent breakthroughs in automotive and aircraft design have resulted in a string of announcements describing the successful use of synthetic parts and novel designs in applications previously considered too demanding for non-traditional materials. These new components and materials signal a sea change in the way the ne ... Continue reading

Superior Industries Receives 2000 Supplier of the Year Honor From GM

Superior Industries Receives 2000 Supplier of the Year Honor From GM

Superior Industries International Inc. today announced that it has been named a General Motors Supplier of the Year for its superior performance in quality, service, technology and price. The award was presented during ceremonies on April 28 in Washington, D.C. "Superior Industries represents the best of the best and h ... Continue reading

NASCAR Trucks: Willie T. Ribbs ready for racing action at St. Louis

NASCAR Trucks: Willie T. Ribbs ready for racing action at St. Louis

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 Looking to Bounce Back: Willy T. Ribbs and the No. 8 Dodge Motorsports team will be looking to bounce back from the most disappointing day of their rookie year together. Ribbs and the team failed to make the event at Martinsville Speedway last mo ... Continue reading

USAC: Russell Pro Triple Crown Opens at Mesa Marin with Two Ladies

USAC: Russell Pro Triple Crown Opens at Mesa Marin with Two Ladies

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 The 2001 USAC Russell Pro Triple Crown Championship opens this weekend at Mesa Marin Raceway in Bakersfield, Calif. and drivers will compete in a 50-lapper Saturday on the challenging 1/2-mile paved banking. This marks the 10th season of Russell ... Continue reading

NASCAR WCUP: Richmond Race Preview, Dale Earnhardt, Jr.

NASCAR WCUP: Richmond Race Preview, Dale Earnhardt, Jr.

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 Dale Jr. Quotes “I’m not going to guarantee anything at Richmond because we struggled last fall, but we had always been really good there before that. We went to Lakeland (Florida) a few weeks ago to work on some things for Richmond, ... Continue reading

USAC: Flock, Hunsaker Bakersfield Victors

USAC: Flock, Hunsaker Bakersfield Victors

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 Robby Flock of Murrieta, Calif. and Todd Hunsaker of Chino Hills, Calif. recorded long-awaited feature victories in USAC Western competition over the past weekend. Both hope to repeat when the WorldCom Midget Car and TQ Midget Car Series resume a ... Continue reading

USAC: Yeley takes Attica and 'Border Wars VII' Title

USAC: Yeley takes Attica and 'Border Wars VII' Title

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 J.J. Yeley of Phoenix, Ariz. claimed the Stoops Freightliner "Border Wars VII" championship with a victory and second-place finish in last weekend's two races at Attica and Rossburg, Ohio respectively. Yeley took advantage of Jay Drake's slip ove ... Continue reading

USAC: Gamester returns to Nazareth with point lead

USAC: Gamester returns to Nazareth with point lead

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 "I'm really looking forward to coming back to Nazareth," says Russ Gamester of Peru, Ind., the leader in the USAC Coors Light Silver Bullet Series. Gamester missed last year's Nazareth race to pass his Indy Racing League driver's test at the Indi ... Continue reading

ASA: Texas Roadhouse To Sponsor August ASA Hawkeye Downs Event

ASA: Texas Roadhouse To Sponsor August ASA Hawkeye Downs Event

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 CEDAR RAPIDS, Iowa – Texas Roadhouse, the Official Restaurant of the American Speed Association, announced today it will sponsor the Saturday, August 4 ASA ACDelco Series event at Hawkeye Downs Speedway in Cedar Rapids, Iowa. The announcem ... Continue reading

WTQMA: Andrews makes pass on Byrge to win

WTQMA: Andrews makes pass on Byrge to win

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 Fairfield, IA -- The story Saturday, April 30, had to be the 2000 'Rookie of the Year' Kenny Byrge. Byrge impressed the field by leading the first half of the feature before giving up the lead to Bart Andrews who eventually took the win. Last wee ... Continue reading

NASCAR WCUP: Burton to be released from hospital

NASCAR WCUP: Burton to be released from hospital

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 LOMA LINDA, CA -- Ward Burton, driver of the No. 22Caterpillar Dodge, was involved in a late race incident at California Speedwayyesterday. After the mandatory trip tothe infield care center, Burton was transported to Loma Linda UniversityMedical ... Continue reading

USAR: Huffman Conquers Coastal Plains

USAR: Huffman Conquers Coastal Plains

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 JACKSONVILLE, NC – For the fourth time in five USAR Hooters ProCup Series Southern Division races in 2001 a different winner has been crowned. After going through a tough rookie campaign last season, Shane Huffman felt 2001 could bring a ne ... Continue reading

NASCAR WCUP: Kenseth struggles with mid-pack finish at California

NASCAR WCUP: Kenseth struggles with mid-pack finish at California

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 Matt Kenseth and the DEWALT team encountered trials and tribulations throughout the weekend in California. On a track where Kenseth usually dominates, he was unable to keep the streak of top three finishes alive. The DEWALT Power Tools team began ... Continue reading

NHRA: Pomona Raceway Dragstrip Surface Renovated

NHRA: Pomona Raceway Dragstrip Surface Renovated

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 POMONA, Calif. - The racing surface at historic Pomona Raceway, site of the season-opening AutoZone NHRA Winternationals, the special NHRA 50th Anniversary Nationals this year, and the season-ending Automobile Club of Southern California NHRA Fin ... Continue reading

USAR: Fogelman and Priemier Motorsports dealt second place at Coastal Plains

USAR: Fogelman and Priemier Motorsports dealt second place at Coastal Plains

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 Jacksonville, North Carolina - Premiere Motorsports Racing's No. 8 Hooters ProCup car with driver Jay Fogleman went to Coastal Plains Raceway wanting to stay consistent and remain in the points lead. They got both, despite an eventful pit stop th ... Continue reading

GRAND AM: Grand-Am Previews Plans to Auto Manufacturers

GRAND AM: Grand-Am Previews Plans to Auto Manufacturers

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 DAYTONA BEACH, Fla.- Grand American President Roger Edmondson and Special Projects Manager Patrick Murphy completed a series of visits to interested automobile manufacturers last week that saw the pair offering a preview of Grand-Am's plans for f ... Continue reading

TRACKS: Clay Campbell Grabs First Limited Late Model Win At Caraway

TRACKS: Clay Campbell Grabs First Limited Late Model Win At Caraway

Posted By Terry Callahan Motorsports Editor, The Auto Channel May 1, 2001 MARTINSVILLE, VA – Clay Campbell started second, took the lead on the fifth lap and then held off the field for his first career Limited Late Model victory at Caraway Speedway Saturday night. The win highlighted what has been a strong seaso ... Continue reading

Search The Auto Channel

The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.

The Auto Channel Content by Topic

Vehicle manufacturers and alt fuels.