AmeriCredit Announces 31st Asset-Backed Securitization for $990 Million
FORT WORTH, Texas--April 10, 2002--AMERICREDIT CORP. announced today the pricing of a $990 million offering of automobile receivables-backed securities through lead managers Deutsche Bank and Banc of America Securities LLC. The company uses proceeds from securitization transactions to provide long-term financing of aut ... Continue reading
Longo Honored with 2001 ``Toyota Certified Collision Center of the Year'' Award
EL MONTE, Calif.--April 10, 2002--In a special employee appreciation luncheon scheduled for today, Longo Toyota will be recognized for its achievement and success in automotive body repair with Toyota Motor Sales USA, Inc.'s highest honor, the 2001 "Toyota Certified Collision Center of the Year" award. This marks the f ... Continue reading
Longo Honored with 2001 ``Toyota Certified Collision Center of the Year'' Award
EL MONTE, Calif.--April 10, 2002--In a special employee appreciation luncheon scheduled for today, Longo Toyota will be recognized for its achievement and success in automotive body repair with Toyota Motor Sales USA, Inc.'s highest honor, the 2001 "Toyota Certified Collision Center of the Year" award. This marks the f ... Continue reading
National Safety Council News Release, April 10, 2002
For Immediate Release April 10, 2002 Contact: Joe Larkin 630-775-2303 National Safety Council Responds To OSHA Ergonomics Plan Itasca, IL - National Safety Council (NSC) President Alan C. McMillan responded today to the announcement by the Occupational Safety and Health Administration (OSHA) that it will implement a co ... Continue reading
News Release #3, National Safety COuncil, 4/10/02
For Immediate Release April 10, 2002 Contact: Joe Larkin 630-775-2303 NSC President Joins Workplace Safety Summit Itasca, IL - National Safety Council (NSC) President Alan C. McMillan joins a high-level group of business executives, labor union leaders, and others interested in workplace safety at the Second Annual Wor ... Continue reading
NEW YORK--April 10, 2002-- And Other Free Multimedia Content for Journalists -------------------------------------------------- Luxury Brands Reinvent Themselves With SUVs from nearly every luxury brand, former "car-only" manufacturers are cashing in big with luxury sport utilities -- and they're not stopping there! A ... Continue reading
SAN ANTONIO--April 10, 2002--Rush Enterprises Inc. today announced that it will issue a press release reporting its first quarter financial results on Tuesday, April 16, 2002, after the market closes. The company will also host an investor conference call on Wednesday, April 17, 2002, at 10:00 a.m. EST to review its fi ... Continue reading
Union Acceptance Corporation Closes Residual Funding Facility
INDIANAPOLIS--April 10, 2002--Union Acceptance Corporation ("UAC") today announced that its subsidiary, UAC Funding Facility Corporation, has closed a $55 million residual funding facility with Wachovia Bank, National Association. Over a year ago, management initiated an orderly process to restructure and recapitalize ... Continue reading
MINNEAPOLIS--April 10, 2002--WSI Industries, Inc. today reported net sales of $4,653,000 for the second quarter of fiscal 2002 ended February 24, down from $5,371,000 in the year-earlier period. Sales for the current period included a full quarter's contribution from the Bowman Tool and Machining, Inc. subsidiary that ... Continue reading
FOR RELEASE WEEK OF 04/15-04/19 THE TAILGATE PARTY CONTINUES WITH THE OUTLAWS AT LEBANON VALLEY APRIL 09, 2002 WEST LEBANON, NY -- Lebanon Valley Speedway will once again offer its fans a very unique way to catch the Pennzoil World of Outlaws sprint cars presented by CARQUEST Auto Parts when they make their annual visi ... Continue reading
PALM BEACH GARDENS, Fla.--April 10, 2002-- Accident Prevention Plus, Inc. (OTCBB:ACPL) has established a distribution agreement with Simba Vehicle Systems. Alan Schwartz, President of Accident Prevention Plus, Inc. stated, "This has been a long and ongoing venture which we have been pursuing. Simba Vehicle Systems is o ... Continue reading
Bonjour, Suite à des problèmes informatiques, l'adresse courriel de Rémy L. Rousseau ne sera pas active du mercredi 10 avril au vendredi, le 12 avril. ... Continue reading
CarParts Technologies Appoints Software Industry Veterans to Head Marketing and R&D Divisions
SAN JUAN CAPISTRANO, Calif.--April 10, 2002-- Company Expands Its Management Team to Drive Leadership in Delivery of e-Commerce Software Solutions for the Automotive Aftermarket CarParts Technologies Inc., a leading provider of supply-chain management software solutions to the automotive aftermarket, today announced th ... Continue reading
Cummins Inc. Schedules Earnings Conference Call
COLUMBUS, Ind.--April 10, 2002--Cummins Inc. announced today that it is scheduled to release first quarter financial results on April 25, 2002. The company will hold a listen-only webcast at 11:00 a.m. eastern daylight time; the company's news release announcing the results will be available on Business Wire before the ... Continue reading
Press Release Issued April 10, 2002 9:11:00 AM ET Federal-Mogul Wins Major Contract to Supply New Monosteel(TM) Piston for Truck Engine Full text of this press release available at: http://www.prnewswire.com/cgi-bin/micro_stories.pl?ACCT=no& amp;TICK=FMO&STORY=/www/story/04-10-2002/0001703289& ;EDATE ------------------ ... Continue reading
AUSTIN, Texas--April 10, 2002--Lane15(tm) Software, the leading provider of InfiniBand(tm) management software, today announced the addition of six new InfiniTeam(tm) Solution Alliance members. The InfiniTeam Solution Alliance aims to promote data center customer awareness of cooperative InfiniBand solutions based on L ... Continue reading
Local Driver Interviews, Race Car Rides to Highlight UnitedAuto 200 Media Luncheon
Local Driver Interviews, Race Car Rides to Highlight UnitedAuto 200 Media Luncheon The Grand American Road Racing Association and Phoenix International Raceway will host a media luncheon at the racetrack prior to the UnitedAuto 200 presented by azcentral.com event weekend, Wednesday, April 17. The luncheon will include ... Continue reading
Multimedia Available: Luxury Brands Reinvent Themselves
-- With SUVs from nearly every luxury brand, former "car-only" manufacturers are cashing in big with luxury sport utilities -- and they're not stopping there! A report from General Motors . You can reach the story directly by going to http://www.newstream.com/cgi-bin/display_story.cgi?5610 This multimedia news story is ... Continue reading
ProQuest Company Announces Q1'02 Earnings Conference Call
ANN ARBOR, Mich.--April 10, 2002--ProQuest Company , one of the world's largest providers of content to the education, automotive and powersports markets, will hold its quarterly conference call to discuss first quarter results on Thursday, April 18, 2002 at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). This call is ... Continue reading
******* Virgin Atlantic Vacations & Cunard ************* Introduce Queen Elizabeth 2 Transatlantic Packages Starting at $1299* per person Package Includes: * 10 day air, land and cruise packages with departures from New York * All inclusive complete with one-way air on Virgin Atlantic Airways, one-way transportation be ... Continue reading
T.J.T., Inc. Names VP, Corporate Controller
EMMETT, Idaho--April 10, 2002--The board of directors of T.J.T., Inc. (OTCBB:AXLE:BB), a recycler of axles and tires and wholesale distributor of O.E.M. parts and aftermarket material to the manufactured housing industry, has appointed Cindy Truchot as corporate controller and vice president. Truchot, a certified publi ... Continue reading
Westcorp to Webcast Analyst Conference Call On First Quarter Earnings Results
IRVINE, Calif.--April 10, 2002--Westcorp will release its second quarter earnings results on Monday, April 15, 2002 after the NYSE stock exchange closes. Tom Wolfe, President and Lee Whatcott, Executive Vice President and Chief Financial Officer, will host a Webcast conference call for analysts and investors at 8 a.m. ... Continue reading
WFS Financial to Webcast Analyst Conference Call On First Quarter Earnings Results
IRVINE, Calif.--April 10, 2002--WFS Financial Inc will release its first quarter earnings results on Monday, April 15, 2002 after the Nasdaq stock exchange closes. Tom Wolfe, Chief Executive Officer and Lee Whatcott, Senior Executive Vice President and Chief Financial Officer, will host a webcast conference call for an ... Continue reading
Corvette Indy 500 Pace Car Unveiled
For Release: April 10, 2002 Contacts: Rick Voegelin GM Racing Communications rickvoegelin@compuserve.com GM Racing Communications (831) 761-2201 Chevrolet Communications Chevrolet Media Online: http://media.gm.com/chevy 1-800-CHEVY-MI Fax: 313-667-4007 CORVETTE 50TH ANNIVERSARY EDITION TO PACE INDY 500 Hollywood Star J ... Continue reading
Caddy to Offer XM On Complete Line
FOR RELEASE: April 10, 2002 XM to be Available on 25 '03 GM Models Detroit. – Cadillac will become the first automotive brand to offer XM Satellite Radio on all its models in 2003. Cadillac will offer XM on the 2003 DeVille, Seville, CTS, and Escalade family of vehicles. In addition, Cadillac will include XM on t ... Continue reading
FOR RELEASE: April 10, 2002 Corvette50th.com Web site Offers Information on All Major Activities DETROIT, MI–When the first Chevrolet Corvette rolled off a makeshift assembly line in Flint, Mich., in June 1953, the Corvette "enthusiast" had not been born. Over the following decades, however, there has been a Corv ... Continue reading
GM to Charge for Antilock Brakes
DETROIT APreported that starting with the 2003 model year, General Motors Corp. customers will have to pay extra if they want antilock braking systems and side impact air bags on most models. Option prices for ABS and side impact air bags have not yet been set, GM spokesman Jay Cooney said Wednesday. ABS costs the auto ... Continue reading
Ford Declares Second Quarter Dividend
DEARBORN, Mich., April 10 The Board of Directors of Ford Motor Company today declared a second quarter dividend of 10 cents a share on the company's Class B and common stock. This is the same level of dividend paid in the first quarter of 2002. The board also declared a dividend of 51.5625 cents a share on the deposita ... Continue reading
Robert Bosch Selects iTAC's easy works CPM Solution
iTAC Software, a provider of web-based collaborative manufacturing execution systems and technology, announced today that the Robert Bosch Corporation has selected iTAC's easy works collaborative production management (CPM) solution for Bosch's automotive components manufacturing facility in Charleston, SC. ... Continue reading
Aura Systems Signs OEM Agreement with Pierce Manufacturing
Aura Systems, Inc. announced that it entered into a letter agreement with Pierce Manufacturing, Inc., a wholly owned division of Oshkosh Truck Corporation . Pierce intends to install the AuraGen(R)5 kW system on an OEM basis for fire apparatus vehicles. The system will use Aura's Power Take Off ("PTO") interface. Pierc ... Continue reading
Holden Utilizes MSC.Software to Design and Test Monaro Sports Coupe
Leading Australian Auto Manufacturer Uses MSC.Nastran to Reduce Costly Trials, Increase Product Development Efficiency and Meet Strict Engineering Requirements MSC.Software Corp. , the leading global provider of simulation software, services and systems, and Holden Limited, Australia's leading automotive manufacturer, ... Continue reading
12% Decrease in Drunk Driving Deaths Since Passage of .08 BAC Law in Illinois
A research study published in the Journal of Safety Research (Vol. 33, 2002), a publication of the Research and Statistical Services Group of the National Safety Council, shows that the proportion of drinking drivers involved in fatal crashes in Illinois has decreased since the state passed the .08 blood alcohol conten ... Continue reading
DaimlerChrysler says March Mercedes sales fell 5 pct
FRANKFURT, April 10 Reuters is reporting that automaker DaimlerChrysler AG (DCXGn.DE) said on Wednesday global sales at its Mercedes-Benz passenger car unit fell five percent in March to 102,800 units. That brought first-quarter sales at the unit to 264,100 cars compared with last year's level of 266,400, it said. In G ... Continue reading
Delphi Honors Top Inventors With 'Boss' Kettering Award
TROY, Mich., April 10 -- Delphi today named 20 of its top inventors as ``Boss'' Kettering Award winners, one of the company's most prestigious engineering achievements. (The annual awards are named for Charles ``Boss'' Kettering, the first vice president of the GM Research Laboratories. Kettering was a prolific invento ... Continue reading
SEOUL, April 10 Reuters is reporting that General Motors Corp is expected to sign a slimmed deal to buy assets from South Korea's bankrupt Daewoo Motor this month, Daewoo creditor Korea Development Bank said on Wednesday. GM was expected to drop Daewoo's plant in Egypt from a tentative deal signed with Daewoo's credito ... Continue reading
Juergen E. Schrempp at the Annual Shareholders Meeting
BERLIN, April 10 DaimlerChrysler has gotten off to a positive start in the new financial year, according to its Chairman and Chief Executive Officer, Juergen E. Schrempp. ``Based on current information, the first quarter reinforces our earnings forecast for the entire company for all of 2002,'' Schrempp said in prepare ... Continue reading
PARSIPPANY, N.J., April 10 -- So, you want to be an astronaut, compete in a round-the-world yacht race or tour Europe by bus. For some people only one thing stands in their way: susceptibility to motion sickness.One of the world's leading experts in motion sickness, Dr. John Golding, Senior Lecturer of London's Univers ... Continue reading
Asbury Dealer Group Expects to Exceed Consensus
STAMFORD, Conn.--April 10, 2002-- Presentation at Banc of America Consumer Conference to be Webcast Asbury Automotive Group, Inc. , one of the nation's largest automotive retailers, today announced that on April 25, 2002, it expects to report earnings that exceed analysts' consensus estimate for the first quarter ended ... Continue reading
BEVERLY HILLS, Calif.--April 9, 2002--Hilton HHonors(R), one of the world's leading guest reward programs, has added GMAC Insurance to the program's family of partners. HHonors members in the U.S. now can earn 1,000 bonus points simply by requesting an auto insurance quote from GMAC Insurance. One of the best-known nam ... Continue reading
J.B. Hunt Implements New Driver Compliance Services Developed by Transplace
LOWELL, Ark.--April 9, 2002--J. B. Hunt Transport Services, Inc. today announced implementation of new programs and services developed by the Fleet Services Division of Transplace for management of drug and alcohol testing and compliance-related medical billing services. These programs streamline the process for medica ... Continue reading
ROCHESTER, N.Y.--April 9, 2002--Monro Muffler Brake, Inc. today provided its financial outlook for fiscal 2003 ending March 29, 2003. The Company currently expects fiscal 2003 earnings per diluted share to be in the range of $1.37 to $1.48 based on comparable store sales growth of 1.0% to 3.0% and weighted average shar ... Continue reading
Roadway Corporation Reports First Quarter Results
AKRON, Ohio--April 9, 2002--Roadway Corporation today reported that revenues for its first quarter, which ended March 23, 2002, were $637,168,000, down 2% when compared to revenues of $650,485,000 for the first quarter of 2001. The motor carrier reported a net loss of $1,749,000, or $0.09 per share, compared to net inc ... Continue reading
Warrantech Signs Three-Year Agreement With Wherehouse Entertainment
EULESS, Texas--April 9, 2002--Warrantech Corporation (OTCBB:WTEC), a leader and innovator in the field of service contracts and extended warranties, today announced that a three-year agreement has been signed with Wherehouse Entertainment, Inc., one of the largest retailers of prerecorded music, video and consumer elec ... Continue reading
ADVISORY/Experts Available To Discuss New Air Bag Rules
--April 9, 2002-- TOPIC: According to a USA TODAY analysis of federal databases, consumer complaints about current air bag systems have been on the rise -- so far in 2002, more than 800 complaints have been filed. Automakers are currently working on the September 2003 deadline for more sophisticated air bag systems. Ho ... Continue reading
AIA Awards Valeo Technical Center Highest Recognition for Design Excellence
AUBURN HILLS, Mich.--April 9, 2002--The American Institute of Architects (AIA) has awarded the Valeo Technical Center in Auburn Hills, Mich. the architectural profession's highest recognition of excellence in design -- the AIA "Honor Award for Outstanding Architecture." Valeo's Auburn Hills North facility was one of on ... Continue reading
FORT LAUDERDALE, Fla.--April 9, 2002--Alamo Rent-A-Car, the leisure focused brand of the ANC Rental Corporation, announced today that after careful review of the marketplace, it will make no changes to commissions paid on leisure, association and non-negotiated corporate rentals. Alamo will move to eliminate base commi ... Continue reading
America's Car-Mart, Inc. Reaches Agreement to Sell Stake in Precision IBC for $3.75 Million
IRVING, Texas--April 9, 2002--America's Car-Mart, Inc. , formerly Crown Group, Inc., today announced that it has reached an agreement to sell its remaining 50% interest in Precision IBC, Inc., a firm specializing in the sale and rental of intermediate bulk containers. The selling price of approximately $3.75 million ro ... Continue reading
America's Car-Mart, Inc. Reaches Agreement to Sell Stake in Precision IBC for $3.75 Million
IRVING, Texas--April 9, 2002--America's Car-Mart, Inc. , formerly Crown Group, Inc., today announced that it has reached an agreement to sell its remaining 50% interest in Precision IBC, Inc., a firm specializing in the sale and rental of intermediate bulk containers. The selling price of approximately $3.75 million ro ... Continue reading
ARCA RE/MAX factsheet, Nashville
NASHVILLE FACTSHEET RACE: PFG Lester 150, April 12, 2002 TRACK: Nashville Superspeedway, 1.33-mile concrete oval LOCATION: Nashville, Tennessee DISTANCE: 150 miles (113 laps) SANCTION: ARCA SERIES: Event #3 of the 2002 ARCA RE/MAX Series PROMOTER: Dover Downs Entertainment, Inc SCHEDULE: Thur, Apr 11: Old Milwaukee Pol ... Continue reading
ORLANDO, Fla.--April 9, 2002--AutoCount USA, a research company providing comprehensive reporting on new and used car sales for the auto industry, announced today the addition of Chris Eswine as Director of Sales. Mr. Eswine will manage the national sales and marketing for the company which currently serves auto lender ... Continue reading
Biker Billy Cooks with Fire at Sonomafest
JPEG IMAGE AVAILABLE UPON REQUEST Contact: John Cardinale Sears Point Raceway (707) 938-8448 X107 MEDIA OPPORTUNITY Chef "Biker Billy" Cooks With Fire at Cycle Gear Sonomafest 2002 SONOMA, Calif. (IMMEDIATE RELEASE) - It might be an understatement to say Bill Hufnagle doesn't fit the mold of the typical chef you might ... Continue reading
Press Release Issued April 9, 2002 3:54:00 PM ET Federal-Mogul Responds to Media Reports Regarding Reorganization Full text of this press release available at: http://www.prnewswire.com/cgi-bin/micro_stories.pl?ACCT=no& amp;TICK=FMO&STORY=/www/story/04-09-2002/0001702812& ;EDATE ----------------------------------- Addi ... Continue reading
Grand American Staff Reorganization
Grand American Staff Reorganization DAYTONA BEACH, Fla. (April 9, 2002) -- Grand American Road Racing Association President Roger Edmondson announced staff changes today intended to improve the services that the organization provides for its customers. Greg Otte, Director of Marketing, has been given an expanded role a ... Continue reading
HAVOLINE TEAM CARRYING MOMENTUM TO MARTINSVILLE
FOR IMMEDIATE RELEASE FURTHER INFO: Steve Post or Jeremy Troiano Performance PR Plus (704) 333-2828 or pprplus28@aol.com HAVOLINE TEAM CARRYING MOMENTUM TO MARTINSVILLE MARTINSVILLE, Va. - In the first five races of the 2002 season, Ricky Rudd's average finish in NASCAR Winston Cup Series races was 20.2. In the last tw ... Continue reading
Johnson Controls Returns as Title Sponsor of Trans-Am Opener in Long Beach
FOR IMMEDIATE RELEASE CONTACT: T.E. McHale (727) 533-0503 JOHNSON CONTROLS RETURNS AS TITLE SPONSOR OF TRANS-AM OPENER IN LONG BEACH CLEARWATER, Fla. (April 9, 2002) - For the fifth consecutive year, Johnson Controls, Inc. is returning as title sponsor of the annual Trans-Am Series for the BFGoodrich Tires Cup event on ... Continue reading
Kelley Blue Book Launches Web Service to Connect Motorcycle Buyers Directly to Local Dealers
IRVINE, Calif.--April 9, 2002-- Kelley Blue Book, CycleVantage partner to provide kbb.com visitors with free motorcycle price quote Kelley Blue Book announced today a new partnership with motorcycle Web site CycleVantage.com, to connect motorcycle buyers for the first time directly to local dealers, via their Web site, ... Continue reading
FORT LAUDERDALE, Fla.--April 9, 2002--National Car Rental, the corporate focused brand of the ANC Rental Corporation, announced today that after careful review of the marketplace, it would eliminate base commissions paid to travel agents for car rentals of individually negotiated corporate and government accounts. Nati ... Continue reading
TORONTO--April 9, 2002--Ofek Capital Corp. (Pink Sheets:OFCC) announces the issuance and submission to SEDAR, the System for Electronic Document Analysis and Retrieval for public securities fillings at http://www.sedar.com, of its audited consolidated annual financial statement for its October 31, 2001 yearend. Assets ... Continue reading
Phoenix Drivers Happy To Race at Home
Phoenix Drivers Happy To Race at Home PHOENIX (April 9, 2002) -- Sports car racer Darren Law estimates he spends 20 weeks a year on the road traveling to races and test sessions, which often times takes him away from his wife and two young daughters. But as the next round of the Rolex Sports Car Series and Grand-Am Cup ... Continue reading
Racechat Radio would like to encourage all race writers to email the show at racechatradio@yahoo.com to participate in the radio show that airs every Tuesday evening from 6:00-7:00 after the local news on WKNY 1490AM on your dial. You can easily call us during the show at (845) 331-1490. We would love to have feedback ... Continue reading
SCCA ProRally on SpeedChannel - 2002 Schedule
The press release text included below is also available in a formatted Word97-Word2000 document. If you would prefer to receive our press releases in that format, please send your request to: sccaprorally@aol.com. For immediate release 08 April, 2002 MEDIA ALERT SCCA ProRally® Championship on Speed Channel SEASON BROA ... Continue reading
Sunday Results-Lucas Oil Drag Racing Series Event Montgomery Ala
FOR IMMEDIATE RELEASE NHRA LUCAS OIL DRAG RACING SERIES - NHRA SOUTHEAST DIVISION MONTGOMERY MOTORSPORTS PARK SUNDAY, APRIL 7, 2002 Champions Crowned at Lucas Oil Drag Racing Series Event in Montgomery Montgomery, Ala. -In the final results from the NHRA Lucas Oil Drag Racing Series event being held at Montgomery Motor ... Continue reading
PLYMOUTH MEETING, Pa.--April 9, 2002--Teleflex Incorporated will Webcast its first quarter 2002 investor conference call on Thursday, April 18, at 11:15 a.m. (ET). Management will discuss first quarter results and comment on trends in the company's businesses. To access the conference call in a listen-only mode, go to ... Continue reading
CHICAGO--April 9, 2002--TransUnion, a leading global information solutions company, announced today the release of TransRisk Bankruptcy(SM), its new consumer risk model designed to calculate the likelihood of a prospect, applicant or accountholder filing for bankruptcy within twelve months of scoring. According to stat ... Continue reading
USFreightways To Host Investment Community Conference Call
CHICAGO--April 9, 2002--USFreightways Corporation (NASDAQ USFC) will announce the Company's first quarter results on Monday, April 22, 2002 before the market opens. A conference call will be held at 10:00 a.m. CDT on that day to discuss the results. A live broadcast of the conference call will be available through the ... Continue reading
Contact: Nealie Hamilton, Chip Ganassi Racing, 704/662-9642, nhamilton@ganassi.com FOR IMMEDIATE RELEASE April 9, 2002 MARLIN SCORES SIXTH TOP-10 FINISH OF SEASON FT. WORTH, Texas (April 9, 2002) - Sterling Marlin drove the Coors Light Dodge Intrepid R/T to a seventh place finish in the Samsung/Radio Shack 500 at Texas ... Continue reading
Contact: Nealie Hamilton, Chip Ganassi Racing, 704/662-9642, nhamilton@ganassi.com FOR IMMEDIATE RELEASE April 9, 2002 SPENCER SCORES SECOND STRAIGHT TOP-10 FINISH FT. WORTH, Texas (April 9, 2002) - The Target Dodge Intrepid R/T driven by Jimmy Spencer finished eighth in the Samsung/Radio Shack 500 at Texas Motor Speed ... Continue reading
GM says major issues resolved in Daewoo Motor talks
SEOUL, April 10 Reuters is reporting that General Motors Corp said on Wednesday major obstacles had been resolved in talks to acquire South Korea's bankrupt Daewoo Motor Co, including the winning of labour support for a $400 million acquisition. General Motors (GM), The world's biggest automaker, aims to secure a footh ... Continue reading
Nissan takes on quirky minivehicle market
TOKYO, April 10 Reuters reported how Nissan Motor Co Ltd has pulled itself from the brink of bankruptcy to record profits under a foreign chief executive. Now it is setting its sights on a peculiarly Japanese segment of the auto sector -- minivehicles. On Wednesday it becomes the last major Japanese automaker to ventur ... Continue reading
Kmart and Penske Auto Centers Reach Agreement For An Orderly Shutdown of Auto Service Centers
TROY, Mich., April 9 -- Kmart Corporation and Penske Corporation, Penske Auto Centers, Inc., and Penske Auto Centers, LLC (collectively ``Penske'') today announced that they have reached an agreement whereby Penske and Kmart will work together to achieve an orderly wind-down of operations at auto service centers at mor ... Continue reading
Toyota to procure Chinese parts
TOKYO, April 10 - Nikkei news servicwe reported that Toyota Motor Corp plans to buy some Chinese parts to make cars in its operations in China as a way to cut costs and will become the first Japanese automaker to use Chinese steel sheet, the Nihon Keizai Shimbun said. The newspaper said on Wednesday that Toyota, which ... Continue reading
Ford's ex-CEO Nasser paid $17.8 million for 2001
Dearborn April 9 Reuters reported that Former Ford Motor Co.Chief Executive Jacques Nasser, ousted last October, received $17.8 million in compensation for 2001, a year the company reported a staggering $5.45 billion loss, the automaker said on Tuesday. The compensation, a 32 percent increase over what Nasser received ... Continue reading
Fuel Cell Vehicles to Hit Streets
ED GARSTEN AP Auto Writer reported that After almost a decade of hailing fuel cell technology as the ultimate replacement for the internal combustion engine, automakers are slowly starting to sell some fuel-cell-powered vehicles. Honda Motor Corp. plans to make a very small, but undetermined, number of fuel cell vehicl ... Continue reading
Federal-Mogul Responds to Media Reports Regarding Reorganization
SOUTHFIELD, Mich., April 9 In response to various news reports today, Federal-Mogul Corporation has issued the following statement: Federal-Mogul has not agreed to the terms of any plan of reorganization that would permit it to emerge from Chapter 11. ``We continue to work diligently with all parties involved in our re ... Continue reading
Timken Products Enhance Brake Performance and Fuel Economy on Ford Expedition
CANTON, Ohio, April 9 The Timken Company announced that it is supplying Continental Teves, a unit of Continental AG, with its new integrated hub and bearing package for their complete brake system that will be used on all four wheels of the Ford Expedition 4x4 sport utility vehicle, beginning with the 2003 model year. ... Continue reading
April GoldStar Lease Award Winners
CAMPBELL, Calif., April 9 Each month, carmakers entice consumers with attractive new car lease rates. And each month PRIMEDIA's IntelliChoice, a PRIMEDIA company that develops and distributes consumer automobile pricing, specifications, and ownership and leasing cost data, recognizes manufacturer leases with the lowest ... Continue reading
Kaiser Aluminum Receives Award in Extrusion Design Competition for Work on Honda Motorcycle Frame
HOUSTON--April 9, 2002--Kaiser Aluminum (OTCBB:KLUCQ) has won the Transportation Category award of the 2002 International Aluminum Extrusion Design Competition in connection with the company's joint development of a customized alloy to complement the Honda Gold Wing GL1800 motorcycle frame design. The award was present ... Continue reading
PORTLAND, OR First With Full Size Hybrid Buses
FOR RELEASE: April 9, 2002 PORTLAND, OR - At a ceremony today, Tri-Met became the first transit agency in the Pacific Northwest to place a full size hybrid-electric transit bus into commercial service. The ceremony marked the delivery of two hybrid-equipped transit buses to the transit agency by bus manufacturer New Fl ... Continue reading
National Safety Council News Release
For Immediate Release April 8, 2002 Contact: Joe Larkin 630-775-2303 NATIONAL SAFETY COUNCIL DESIGNATES JUNE 2002 AS NATIONAL SAFETY MONTH Itasca, IL -- The National Safety Council (NSC) and its chapters around the country have designated June 2002 as National Safety Month, an annual observance aimed at increasing publ ... Continue reading
WITH FIRST TOP FIVE UNDER HIS BELT, GORDON FOCUSES ON MARTINSVILLE
FOR IMMEDIATE RELEASE FURTHER INFO: Kymberly Brantigan Performance PR Plus (704) 377-8727 Pprplus24@aol.com WITH FIRST TOP FIVE UNDER HIS BELT, GORDON FOCUSES ON MARTINSVILLE MARTINSVILLE, VA - With the monkey off his back, Jeff Gordon shifts his focus to Martinsville and climbing up the point standings. Gordon scored ... Continue reading
GM Launches Another Site -Accessories
FOR RELEASE: April 9, 2002 Detroit, Mich. - GM Accessories has launched a new consumer-directed web site at www.gmaccessorieszone.com. The site features an overall look and feel that reflects GM vehicle accessories standards on quality, convenience, affordability, and peace of mind. The new consumer web site has been c ... Continue reading
#10 Kanaan CART Long Beach Pre-Race
Contact: Laz Denes, 256-657-6190 ldenes@monunnracing.com www.monunnracing.com Tony Kanaan #10 Pioneer-WorldCom/Mo Nunn Racing Honda-Reynard Grand Prix of Long Beach - April 12-14, 2002 - Pre-Race Notes/Quotes The Streets of Long Beach, Calif. - 1.968-Mile Temporary Street Course Round 2 of 20 on the 2002 CART FedEx Cha ... Continue reading
Record Number of Auto Manufacturers Exhibiting at 2002 International Auto Salon
FOR IMMEDIATE RELEASE Media Contacts: Rosemarie Kitchin, rosemariek@sema.org SEMA, 909/396-0289, ext.104 Kim Milman, kmilman@jmprpublicrelations.com JMPR, Inc., 818/992-4353 RECORD NUMBER OF AUTO MANUFACTURERS EXHIBITING AT 2002 INTERNATIONAL AUTO SALON Tuned, Tweaked, Customized and Hot Concept Sport Compacts On Displ ... Continue reading
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