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September 2000

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Friday, September 1, 2000

2001 Honda Accord, Odyssey Prices Increase 1.7 Percent

2001 Honda Accord, Odyssey Prices Increase 1.7 Percent

Prices for 2001 Honda Accord and Honda Odyssey models will increase an average of just 1.7 percent despite significant equipment increases when compared to current models, according to pricing information released by American Honda Motor. ... Continue reading

AAA To Highlight Commuter Nightmares

AAA To Highlight Commuter Nightmares

AAA will release its latest update of the nation's worst commuter hot spots at a press conference here on Monday, Sept. 11. ... Continue reading

Aftermarket Clears Another Hurdle in OBD II Battle

Aftermarket Clears Another Hurdle in OBD II Battle

The aftermarket has won another major round in its fight for access to information and tools needed to service and build parts for vehicles equipped with on-board diagnostic systems. ... Continue reading

ALMS: Speevision World Challenge Preview, Texas Motor Speedway

ALMS: Speevision World Challenge Preview, Texas Motor Speedway

ALMS: Speevision World Challenge Preview, Texas Motor Speedway ... Continue reading

AMA members now eligible for 10% discount at Competition Accessories

AMA members now eligible for 10% discount at Competition Accessories

Thanks to a new program, American Motorcyclist Association members can now get 10 percent off almost any purchase at Competition Accessories, one of the largest mail-order companies on the planet. ... Continue reading

Amcast Declares Dividend

Amcast Declares Dividend

Amcast Industrial Corporation announced that the Board of Directors has declared a quarterly dividend of 14 cents per share on the company's common stock. The dividend is payable September 29, 2000, to shareholders of record Sept 11, 2000. ... Continue reading

American Axle & Manufacturing Announces Major New Axle Contract

American Axle & Manufacturing Announces Major New Axle Contract

American Axle & Manufacturing announced that it has secured the contract to supply driveline systems for a new, next-generation four-wheel-drive vehicle of a major North American auto manufacturer. ... Continue reading

Ann Arbor motorcyclists add $157K to Ride for Kids research effort

Ann Arbor motorcyclists add $157K to Ride for Kids research effort

News of motorcyclists raising money for the Ride for Kids may seem ordinary these days, but for parents like Robilyn, mother of 5-year old brain tumor patient Zachary, its extraordinary. ... Continue reading

ARCA West Truck race cancelled at Irwindale

ARCA West Truck race cancelled at Irwindale

ARCA West Truck race cancelled at Irwindale ... Continue reading

Audi Records Best All-Time August in Company History

Audi Records Best All-Time August in Company History

Audi of America, Inc. announced its best ever sales of 7,326 automobiles for August, with a 10.7 percent increase over the same month last year when sales were 6,617. ... Continue reading

Auto Industry Leaders Meet to Discuss E-Business

Auto Industry Leaders Meet to Discuss E-Business

EyeForAuto, the dedicated brand for Automotive E-Business information, released more details on its eagerly-awaited strategy conference, 'EyeForAuto USA 2000' which takes place in the heart of Silicon Valley on Nov 29 - Dec 1. ... Continue reading

Avis Group Remains Comfortable with Earnings Projections

Avis Group Remains Comfortable with Earnings Projections

Avis Group Holdings, Inc. announced that it remains comfortable with its earnings projections for the third and fourth quarters of 2000, as well as the strength of its long-term business in light of recent announcements by industry competitors. ... Continue reading

Ban on Open Containers Inside Vehicles Begins at Midnight

Ban on Open Containers Inside Vehicles Begins at Midnight

North Carolina's drunk driving laws will be strengthened at midnight tonight as the state enacts a measure that makes it tougher for motorists to mix the deadly drinking and driving combination. ... Continue reading

Big Companies Flow Into Louisville, Kentucky for PumpUsers Expo 2000

Big Companies Flow Into Louisville, Kentucky for PumpUsers Expo 2000

Seepex, Inc., Flowtronex, Abel Pumps, Sunbelt Rentals and BigMachines.com are just a few of the big names in the pump industry that will be exhibiting at PumpUsers Expo 2000 held at the Kentucky International Convention Center in Lou, Kentucky. ... Continue reading

BorgWarner Cooling Systems Announces QUIK-KOOL Truck Parts

BorgWarner Cooling Systems Announces QUIK-KOOL Truck Parts

BorgWarner Cooling Systems has announced that all cooling components, including Kysor and Schwitzer brands, will be sold as QUIK-KOOL(TM) products in the aftermarket. ... Continue reading

Bridgestone Faces Growing Pressure Worldwide To Settle Negotiations

Bridgestone Faces Growing Pressure Worldwide To Settle Negotiations

On the eve of the expiration of contract extensions at nine unionized tire facilities in the United States, Bridgestone Corp. is facing increasing pressure from its workforce around the world to settle the U.S. collective bargaining negotiations. ... Continue reading

CART: Franchitti snags provisional pole for Molson Indy Vancouver

CART: Franchitti snags provisional pole for Molson Indy Vancouver

CART: Franchitti snags provisional pole for Molson Indy Vancouver ... Continue reading

CART: Molson Indy Vancouver Provisional Qualifying

CART: Molson Indy Vancouver Provisional Qualifying

CART: Molson Indy Vancouver Provisional Qualifying ... Continue reading

Chrysler Group Announces August Sales

Chrysler Group Announces August Sales

Booming sport utility vehicle sales and record Dodge Division and Chrysler, Plymouth and Jeep(R) Division sales drove DaimlerChrysler Corporation's Chrysler Group to the strongest August sales in the corporation's history. ... Continue reading

Daewoo Market Share Continues to Grow with Record August Sales

Daewoo Market Share Continues to Grow with Record August Sales

The Fastest Growing Car Company in America continues its torrid sales pace with year-to-date total sales of 47,256 which represents a 164% increase over the same period in 1999. ... Continue reading

DaimlerChrysler Five Star Dealers Receive Rewards and Recognition

DaimlerChrysler Five Star Dealers Receive Rewards and Recognition

More than 95,000 employees at Chrysler, Jeep and Dodge Five Star dealerships began receiving special recognition awards September 1st. ... Continue reading

Delphi Finalizes Winter Test Facility Agreement

Delphi Finalizes Winter Test Facility Agreement

The Marquette County Commission has approved a five-year lease agreement with Delphi Automotive Systems that will provide Delphi with extensive winter test capabilities at the former K.I. Sawyer Air Force Base. ... Continue reading

Dura Announces Dividend on Trust Preferred Securities

Dura Announces Dividend on Trust Preferred Securities

Dura Automotive Systems, Inc., announced that a quarterly dividend of $0.47 per share will be paid on the 71/2% convertible trust preferred securities issued by the Dura Automotive Capital Trust. ... Continue reading

EBRD to Back AvtoVAZ-GM Venture

EBRD to Back AvtoVAZ-GM Venture

The European Bank for Reconstruction and Development is expected to offer roughly $175 million in support for a car- making venture planned in Russia by domestic producer AO AvtoVAZ and US auto giant General Motors Corp. ... Continue reading

Evenflo and Transport Canada Announce Car Seat Safety Alert

Evenflo and Transport Canada Announce Car Seat Safety Alert

Evenflo Canada and Transport Canada are notifying purchasers of approximately 500 Secure Advantage V child car seats that the seats inadvertently displayed an incorrect rear-facing maximum weight rating on the advertising card. ... Continue reading

ExxonMobil 2000 Driver Survey Uncovers 'Courtesy Gap'

ExxonMobil 2000 Driver Survey Uncovers 'Courtesy Gap'

Are you a friendly driver? The ExxonMobil 2000 Driving Survey reveals that while America's drivers believe they are friendly and good-hearted on the road, they do not think that other drivers reciprocate their courteous behavior. ... Continue reading

Fitch Expects To Rate Household Automotive Tr VI, Ser 2000-3

Fitch Expects To Rate Household Automotive Tr VI, Ser 2000-3

Fitch expects to assign the following ratings to Household Automotive Trust VI, series 2000-3: ... Continue reading

Ford, Michigan Hispanic Chamber Generate Business for Minority Suppliers

Ford, Michigan Hispanic Chamber Generate Business for Minority Suppliers

Ford Motor Company and the Michigan Hispanic Chamber of Commerce are hosting a networking seminar that will link together 150 Detroit area majority and minoritysuppliers. ... Continue reading

Ford Motor Company Sets New August U.S. Sales Record

Ford Motor Company Sets New August U.S. Sales Record

U.S. consumers purchased or leased 352,453 cars and trucks from Ford , Mercury, Lincoln, Jaguar, Volvo, and Land Rover dealers in the month of August. ... Continue reading

Get 3 percent off motorcycle gear with AMA MBNA credit card

Get 3 percent off motorcycle gear with AMA MBNA credit card

The AMA now has a way for you to save money on virtually everything you buy to go riding. Jackets. Spark plugs. Tires. Gloves. Repair bills. And yes, maybe even an entire motorcycle. ... Continue reading

Global Technovations Completes Purchase Of Onkyo America, Inc.

Global Technovations Completes Purchase Of Onkyo America, Inc.

Global Technovations, Inc. announced that it had completed the purchase of 100% of the stock of Onkyo America, Inc., the undisclosed automotive technology company GTI agreed to acquire in June 2000. ... Continue reading

HD America and PartsRiver Lay Foundation for Trucking e-Commerce

HD America and PartsRiver Lay Foundation for Trucking e-Commerce

PartsRiver, Inc. will assist HD America, the premier heavy-duty truck parts marketing group, in developing a complete Internet- based parts sourcing solution in order to further enhance their HDATA system. ... Continue reading

Hertz Lowers Earnings Growth Estimates for 2000 and 2001

Hertz Lowers Earnings Growth Estimates for 2000 and 2001

The Hertz Corporation has lowered its outlook for net income growth for the Third and Fourth Quarters of 2000 and for the full year 2001; however, the Company expects to achieve record net income for both 2000 and 2001. ... Continue reading

INDY LIGHTS: Townsend Bell looking to Vancouver to take series point lead

INDY LIGHTS: Townsend Bell looking to Vancouver to take series point lead

ALMS: Speevision World Challenge Preview, Texas Motor Speedway ... Continue reading

Infiniti Announces 2001 I30, G20 and Q45 Pricing

Infiniti Announces 2001 I30, G20 and Q45 Pricing

Infiniti, the luxury division of Nissan North America, Inc., announced pricing for its 2001 I30 luxury sedan, G20 sports sedan and Q45 luxury performance sedan. ... Continue reading

INTERMET Third-Quarter Earnings to be Below Expectations

INTERMET Third-Quarter Earnings to be Below Expectations

INTERMET Corporation reported that due to serious production problems in two of its plants, third-quarter earnings are expected to be reduced by approximately $0.16 to $0.18 per share. ... Continue reading

Johnson Controls Completes Acquisition of Ikeda Bussan Co., Ltd.

Johnson Controls Completes Acquisition of Ikeda Bussan Co., Ltd.

Johnson Controls, Inc. announced that it has completed its acquisition of a controlling interest in Ikeda Bussan Co. Ltd, a Japanese supplier of automotive seating. ... Continue reading

Labor Day Travel Expected to be Up 5% Despite High Gas Costs

Labor Day Travel Expected to be Up 5% Despite High Gas Costs

An estimated 33.7 million Americans are expected to travel 100 miles or more from home this Labor Day holiday, up nearly 5 percent over last year despite continued high gas prices, according to AAA. ... Continue reading

Land Rover North America Reports August Sale

Land Rover North America Reports August Sale

Land Rover North America, Inc. has posted August sales of 2,306 units. Land Rover has sold 17,456 vehicles year-to-date. ... Continue reading

Lexus IS 300 Continues to Prove Nation's Favorite Vehicle

Lexus IS 300 Continues to Prove Nation's Favorite Vehicle

The Lexus IS 300, BMW 323i, and Audi A4 are the nation's favorite cars, while Nissan Xterra, Chevy Tahoe and Nissan Pathfinder attract more attention than any other SUVs. ... Continue reading

Lubricant Gladiators Hit Center Stage with Models for Success

Lubricant Gladiators Hit Center Stage with Models for Success

The stage is set for the leading gladiators in on-line lubricant sales to step up and present their "models for success" in e-commerce. ... Continue reading

Miltope Announces Entry Into Automotive Test/Diagnostic Market

Miltope Announces Entry Into Automotive Test/Diagnostic Market

Miltope Group Inc., announces its partnership with EnGenius, Inc., of Livonia, MI, in the design and manufacture of a ruggedized handheld test set computer for the automotive industry. ... Continue reading

Mitsubishi Motors' Best-Ever August Sales

Mitsubishi Motors' Best-Ever August Sales

Mitsubishi Motor Sales of America, Inc. (MMSA) reported best- ever August sales of 27,540 vehicles, up 6.2% over August 1999. ... Continue reading

NASCAR BGN: Dura Lube All Pro Bumpber to Bumper 200 Starting Lineup

NASCAR BGN: Dura Lube All Pro Bumpber to Bumper 200 Starting Lineup

NASCAR BGN: Dura Lube All Pro Bumpber to Bumper 200 Starting Lineup ... Continue reading

NASCAR BGN: Ward Burton to drive for Mike McLaughlin at Darlington

NASCAR BGN: Ward Burton to drive for Mike McLaughlin at Darlington

NASCAR BGN: Ward Burton to drive for Mike McLaughlin at Darlington ... Continue reading

NASCAR WCUP: Kenny Wallace Obtains Release from Andy Petree Racing

NASCAR WCUP: Kenny Wallace Obtains Release from Andy Petree Racing

ROAD RACING: Goodyear Gets Assist as Dyson and Weaver Take Grand-Am Titles ... Continue reading

NASCAR WCUP: Pepsi Southern 500 Qualifying, First Round Results

NASCAR WCUP: Pepsi Southern 500 Qualifying, First Round Results

NASCAR WCUP: Pepsi Southern 500 Qualifying, First Round Results ... Continue reading

NASCAR WEST: Woodside to Take on Madera for the First Time

NASCAR WEST: Woodside to Take on Madera for the First Time

Woodside to Take on Madera for the First Time ... Continue reading

NorthernLight IRL: Witherill Passes Indy Racing Rookie Test At Kentucky

NorthernLight IRL: Witherill Passes Indy Racing Rookie Test At Kentucky

NASCAR BGN: Ward Burton to drive for Mike McLaughlin at Darlington ... Continue reading

Oxford Receives Credit Rating Upgrade From Standard & Poor's

Oxford Receives Credit Rating Upgrade From Standard & Poor's

Standard & Poor's has raised its corporate credit rating on Oxford Automotive, Inc. to double B minus from single B plus and its subordinated debt rating to single B from single B minus. ... Continue reading

Quieter Interior Coming to 2001 Jeep(R) Wrangler Soft Tops

Quieter Interior Coming to 2001 Jeep(R) Wrangler Soft Tops

Ahhh ... listening to the radio and having conversations in a more quiet driving environment is a reality for drivers of the 2001 Jeep(R) Wrangler soft tops. ... Continue reading

Rankin to Focus on Professional Installer Customers

Rankin to Focus on Professional Installer Customers

Rankin Automotive Group, Inc. announced the signing of a definitive agreement to sell certain assets of a group of stores and a regional distribution center to Replacement Parts, Inc., parent company of Crow-Burlingame Co., and Parts Warehouse. ... Continue reading

ROAD RACING: Goodyear Gets Assist as Dyson and Weaver Take Grand-Am Titles

ROAD RACING: Goodyear Gets Assist as Dyson and Weaver Take Grand-Am Titles

ROAD RACING: Goodyear Gets Assist as Dyson and Weaver Take Grand-Am Titles ... Continue reading

Safety Components Announces Confirmation of Plan

Safety Components Announces Confirmation of Plan

Safety Components International, Inc. announced that their plan of reorganization to emerge from their pre-arranged chapter 11 cases was approved today by the District Court of the State of Delaware. ... Continue reading

Sales of U.S.-Produced Vehicles to Fall in August

Sales of U.S.-Produced Vehicles to Fall in August

Overall vehicle sales will remain steady, but sales of U.S.- produced light vehicles likely will be lower when August data is released on Friday, Sept. 1, said Paul Taylor, chief economist for the National Automobile Dealers Association. ... Continue reading

S&P Affms 'Api' Rtg on Wawanesa Mutual -- U.S. Branch --

S&P Affms 'Api' Rtg on Wawanesa Mutual -- U.S. Branch --

Standard & Poor's affirmed its single-'Api' financial strength rating on Wawanesa Mutual Insurance Co. (U.S. Branch). ... Continue reading

Statement by Emmanuel Cassingena, President of Ford of Venezuela

Statement by Emmanuel Cassingena, President of Ford of Venezuela

Ford Motor Company, on its own, took action on the Firestone tire tread separation issue in Venezuela. Ford already has replaced 60 percent of the tires on affected Ford vehicles in Venezuela. ... Continue reading

Tenneco Automotive to Celebrate Its Millionth Monroe Reflex(TM) Unit

Tenneco Automotive to Celebrate Its Millionth Monroe Reflex(TM) Unit

The one millionth Monroe Reflex(TM) unit is about to roll off the assembly line in Paragould, Ark. ... Continue reading

The Fifth Auto Parts Industry M&A Institute Comes to Michigan

The Fifth Auto Parts Industry M&A Institute Comes to Michigan

The Fifth Auto Parts Industry Mergers & Acquisitions Institute, the definitive conference focused on mergers and acquisitions in the auto supply and aftermarket industry, will come to Michigan in October. ... Continue reading

Thrifty Opens Location in Phoenix at Sky Harbor International Airport

Thrifty Opens Location in Phoenix at Sky Harbor International Airport

Thrifty Car Rental announced that it will open a new in- terminal location inside Phoenix's Sky Harbor International Airport, the nation's 12th busiest airport in terms of passenger volume, on September 1, 2000. ... Continue reading

Tower Automotive Announces Dividend

Tower Automotive Announces Dividend

Tower Automotive, Inc., announced that a dividend of $0.84 per share will be paid on the 6 3/4% trust convertible preferred securities issued by the Tower Automotive Capital Trust. ... Continue reading

TRACKS: 'Turkey Night' at Irwindale to include Midget Racing Hall of Fame induction

TRACKS: 'Turkey Night' at Irwindale to include Midget Racing Hall of Fame induction

TRACKS: 'Turkey Night' at Irwindale to include Midget Racing Hall of Fame induction ... Continue reading

Turbodyne Updates Legal and Financial Affairs

Turbodyne Updates Legal and Financial Affairs

Turbodyne Technologies Inc. reports the following updates on legal affairs and financial matters: ... Continue reading

United Recyclers Group and ARA Services Reach Milestone Agreement

United Recyclers Group and ARA Services Reach Milestone Agreement

United Recyclers Group and ARA Services Corporation are pleased to announce the terms of their agreement to allow URG Pinnacle (TM) users the opportunity to access ARAccelerator data. ... Continue reading

Vishay Announces the Acquisition of the Business of Spectrol

Vishay Announces the Acquisition of the Business of Spectrol

Vishay Intertechnology, Inc. announced the acquisition of the business of Spectrol. ... Continue reading

Volkswagen Sales Up 5.8 Percent

Volkswagen Sales Up 5.8 Percent

With its August sales, Volkswagen of America, Inc. reported its best sales month in 26 years. ... Continue reading

Volvo 20% Sales Increase

Volvo 20% Sales Increase

Strong sales for Volvo's revamped product line continues to demonstrate public acceptance for the company's new products. ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 311,158 units, down from the 352,749 cars and trucks built last week, according to Ward's Automotive Reports. ... Continue reading

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