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May 2001

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Thursday, May 10, 2001

AAA North Dakota Agrees to Join The Auto Club Group

AAA North Dakota Agrees to Join The Auto Club Group

DEARBORN, Mich., May 10 AAA North Dakota has agreed to become affiliated with a regional alliance of AAA clubs known as The Auto Club Group. Under the terms of the agreement, AAA North Dakota will join The Auto Club Group through a holding company arrangement. If approved by AAA National, 65,000 North Dakota members wi ... Continue reading

ADVISORY/Child Seat Safety Day -- Washington Traffic Safety Commission

ADVISORY/Child Seat Safety Day -- Washington Traffic Safety Commission

--May 10, 2001-- In an effort to help parents and others learn more about proper installation of booster seats and child car seats, the Washington Traffic Safety Commission and KLSY-FM have teamed with Progressive Insurance, Sprint PCS and AAA Washington to provide free child safety seat and booster seat check-up inspe ... Continue reading

Aerojet Wins $10.4 Million Contract to Develop Peroxide Engine for Air Force Space Maneuver Vehicle

Aerojet Wins $10.4 Million Contract to Develop Peroxide Engine for Air Force Space Maneuver Vehicle

SACRAMENTO, Calif., May 10 Aerojet has been awarded a $10.4 million contract to design and develop a non-toxic peroxide Advanced Reusable Rocket Engine (ARRE) for the Air Force's Space Maneuver Vehicle (SMV) concept. Awarded by the Air Force Research Laboratory's Space Vehicles Directorate, Kirtland Air Force Base, New ... Continue reading

Ang Lee's 'Chosen' Premieres on BMWFILMS.com

Ang Lee's 'Chosen' Premieres on BMWFILMS.com

New Short-Film Part of 'The Hire,' a Collection of Internet Digital Films Featuring the Movie Industry's Best Talent WOODCLIFF LAKE, N.J., May 10 "Chosen," a new film by Academy Award-winning director Ang Lee, premiered today on http://www.bmwfilms.com. "Chosen" is the second installment of "The Hire" an unprecedented ... Continue reading

Arctic Cat to Webcast Fourth-quarter and Year-end Conference Call Tuesday, May 15, 10:30 A.M. (CDT)

Arctic Cat to Webcast Fourth-quarter and Year-end Conference Call Tuesday, May 15, 10:30 A.M. (CDT)

THIEF RIVER FALLS, Minn.--May 10, 2001--Arctic Cat today announced that it will host a live Webcast of its 2001 fourth-quarter and year-end conference call on Tuesday, May 15, at 10:30 a.m. CDT. Christopher Twomey, president and chief executive officer, and Tim Delmore, chief financial officer, will discuss the quarter ... Continue reading

Autoweb's AIC Loan/Lease Functionality

Autoweb's AIC Loan/Lease Functionality

I wanted to draw your attention to Autoweb's AIC latest news. The application aids automotive consumers who are contemplating ``lease versus loan'' options, allowing them to accurately determine how much they will spend per month for any desired vehicle. Please let me know if you have any questions. Thanks, Dori Paster ... Continue reading

Car sales slowing down? Generate additional gross profit for Parts and Service Departments

Car sales slowing down? Generate additional gross profit for Parts and Service Departments

Important information for New Car Dealers. Car sales are starting to slow down. You have additional gross profit just sitting on your lot. Used or new vehicles with open factory recalls will generate additional gross profits for both the Service and Parts Department. Our current clients are making this extra gross prof ... Continue reading

CCITRIAD Refines Market Strategy and Positions for Future Growth

CCITRIAD Refines Market Strategy and Positions for Future Growth

AUSTIN, Texas--May 10, 2001-- Leader in the Automotive Aftermarket and the Hardlines and Lumber Industries Builds on Recent Success; Focuses on Core Markets and Expanded Services CCITRIAD, the leading provider of information systems and services to the automotive aftermarket and the hardlines and lumber industries, ann ... Continue reading

Dollar Rent A Car Introduces 'DOLLAR(R) TRAVEL CENTER' at Key Airport Locations, Customers Obtain Free Travel Information at Interactive Kiosks

Dollar Rent A Car Introduces 'DOLLAR(R) TRAVEL CENTER' at Key Airport Locations, Customers Obtain Free Travel Information at Interactive Kiosks

TULSA, Okla., May 10 Dollar Rent A Car today introduced the "DOLLAR(R) TRAVEL CENTER," an interactive kiosk providing helpful travel information for its customers at Atlanta, Ft. Lauderdale, Miami, Las Vegas and Los Angeles airports. The kiosks are conveniently located at the DOLLAR pickup and return areas at each airp ... Continue reading

First China Site License Letter of Intent Signed in Philippines

First China Site License Letter of Intent Signed in Philippines

SANTEE, Calif., May 10 World Transport Authority, Inc. (OTC Bulletin Board: WTAI; Frankfurt: 920943). World Transport Authority, Inc. (WTA) announced that on May 6, 2001 a delegation of Chinese businessmen signed a formal Letter of Intent (LOI). Under the terms of the LOI, this group will become the first WTA authorize ... Continue reading

Ford 2001 Annual Meeting Voting Results

Ford 2001 Annual Meeting Voting Results

ST. PAUL, Minn., May 10 A total of 286 people attended the 46th annual meeting of Ford Motor Company shareholders today at The Fitzgerald Theater. Preliminary voting results indicate that a total of 1,550,394,261 shares of common stock and 70,729,784 shares of Class B stock were represented at the annual meeting in per ... Continue reading

Guardian Industries Corp. Names Gayle A. Joseph Director of Communications

Guardian Industries Corp. Names Gayle A. Joseph Director of Communications

AUBURN HILLS, Mich., May 10 Gayle A. Joseph has been named director of communications for Guardian Industries Corp. In her new position, Joseph will oversee all of Guardian's public relations and marketing communications activities. (Photo: http://www.newscom.com/cgi-bin/prnh/20010510/DETH015 ) Prior to joining Guardia ... Continue reading

MyRepairShop Launches National Advertising Campaign

MyRepairShop Launches National Advertising Campaign

HOUSTON--May 10, 2001--MyRepairShop(TM) Inc., a national network of business and technology services for independent automotive service professionals, recently launched its first national advertising campaign. The campaign, which includes four-color gatefold, split-covers and spread print ads, will run throughout the y ... Continue reading

Roadway Express Awards Scholarships to Outstanding High School Students

Roadway Express Awards Scholarships to Outstanding High School Students

AKRON, Ohio--May 10, 2001--Roadway Express, Inc. today recognized five high school recipients of the Company's sponsored scholarships, and five GAR scholarship winners, all of which are children of the motor carrier's employees. National Merit Scholarship Corporation, an independent, non-profit organization, administer ... Continue reading

Subaru Launches www.Rally.Subaru.Com, Official Site of Subaru Rally Team USA

Subaru Launches www.Rally.Subaru.Com, Official Site of Subaru Rally Team USA

CHERRY HILL, N.J., May 10 Subaru of America, Inc. (SOA), a pioneer of crossover vehicles designed for the active lifestyle, has launched http://www.Rally.Subaru.Com. The new portal web site provides rally enthusiasts with the latest news and updates from Subaru Rally Team USA for the 2001 SCCA (Sports Car Club of Ameri ... Continue reading

Suzuki Auction Partners Join AutoTradeCenter for National PROline Launch

Suzuki Auction Partners Join AutoTradeCenter for National PROline Launch

SCOTTSDALE, Ariz.--May 10, 2001--AutoTradeCenter (OTCBB: AUTC) Thursday announced the alliance of 30 Suzuki Auction partners in the national launch of PROline (Program Remarketing Online), its Internet remarketing program for American Suzuki Motor Corp. Participating auctions include ADESA, Auction Broadcasting Co., Se ... Continue reading

The New Audi Advertising Campaign - Great Then. Great Now.

The New Audi Advertising Campaign - Great Then. Great Now.

AUBURN HILLS, Mich., May 10 Audi shows, through its recently launched advertising campaign, that you can't make history if you don't already have one. The campaign's tag line, "Great then. Great now." embraces the rich history of Audi's motorsport success and quattro technology, Audi's permanent all-wheel drive system. ... Continue reading

TNWA Adds Two New Port Calls to Its Atlantic Pacific Express Service

TNWA Adds Two New Port Calls to Its Atlantic Pacific Express Service

SEOUL, Korea, SINGAPORE and TOKYO, May 10 The New World Alliance (TNWA), which consists of APL, Hyundai Merchant Marine (HMM) and Mitsui O.S.K. Lines (MOL), announced today that shippers will soon have significantly improved service flexibility with two additional port options along its Atlantic Pacific Express (APX). ... Continue reading

Top Auto Technology Students Compete in State Finals at 2001 Ford/AAA Student Auto Skills Contest

Top Auto Technology Students Compete in State Finals at 2001 Ford/AAA Student Auto Skills Contest

LOS ANGELES--May 10, 2001--Southern and central California high schools' best auto technology students will compete in the Southern California state finals of the 2001 Ford/AAA Student Auto Skills Competition at 10 a.m. Friday, May 11. The contest takes place at Fontana's California Speedway where students will repair ... Continue reading

Visteon Director to Discuss Vehicle Safety Issues At Michigan Traffic Safety Summit, May 15

Visteon Director to Discuss Vehicle Safety Issues At Michigan Traffic Safety Summit, May 15

DEARBORN, Mich., May 10 Visteon Corporation's Director of Cross-System Technology Development, John Barkley, will discuss how automotive technology is developed and the need for technology that will keep driver eyes on the road and hands on the wheel, at the 6th Annual Michigan Traffic Safety Summit. (Photo: http://www ... Continue reading

Westcorp Announces $1.4 Billion Securitization Transaction

Westcorp Announces $1.4 Billion Securitization Transaction

IRVINE, Calif.--May 10, 2001--Westcorp , the financial services holding company whose principal subsidiaries are WFS Financial Inc and Western Financial Bank today announced the pricing of a $1.4 billion offering of automobile receivable asset-backed securities. The offering was lead managed by Salomon Smith Barney and ... Continue reading

WFS Financial Announces $1.4 Billion Securitization Transaction

WFS Financial Announces $1.4 Billion Securitization Transaction

IRVINE, Calif.--May 10, 2001--WFS Financial Inc today announced the pricing of a $1.4 billion offering of automobile receivable asset-backed securities. The offering was lead managed by Salomon Smith Barney and co-managed by Banc of America Securities LLC, Credit Suisse First Boston, and Deutsche Banc Alex. Brown. This ... Continue reading

Document from Speedlab

Document from Speedlab

This document is being delivered by Sports Systems for the client named above. Two files are attached (these formats are safe as they CANNOT include viruses): 1) PDF: This file should be the easiest to open and use both for Mac and PC users and is cut-and-pasteable. Note: if the original document was faxed to us, any c ... Continue reading

NEWS RELEASE: Le Mans Cadillac and Corvette Open Test Results

NEWS RELEASE: Le Mans Cadillac and Corvette Open Test Results

> TEAM CADILLAC AND CORVETTE RACING > START COUNTDOWN TO 69th LE MANS 24 HOURS > > > LE MANS, May 6, 2001 - Team Cadillac and Corvette Racing gathered lots > of valuable data for next month's 24-hour race during the one-day Open > Test in Le Mans, France today. For Corvette Racing, the test was the > last step of the t ... Continue reading

Subaru Active Lifestyle Ad Campaign Asks The Question - What Are You Made Of?

Subaru Active Lifestyle Ad Campaign Asks The Question - What Are You Made Of?

- New Campaign Features Tennis Champion Martina Navratilova, Pro-Mountain Biker Tara Llanes and Champion Snowboarder Victoria Jealouse - CHERRY HILL, N.J., May 7 Subaru of America, Inc. (SOA), a pioneer and marketer of crossover all-wheel drive vehicles designed for the active lifestyle driver, today announced a new ad ... Continue reading

Best Auto Affordability in 22 Years, Comerica Bank Reports

Best Auto Affordability in 22 Years, Comerica Bank Reports

The purchase of an average-priced new vehicle during the first quarter of 2001 required 22.7 weeks of median family income, before taxes, according to the Auto Affordability Index compiled by Detroit-based Comerica Bank. This figure is a six-tenths (0.6) week improvement from 23.3 weeks in the final quarter of 2000, an ... Continue reading

FinishMaster Announces Q1 Financial Results and New Credit Facility

FinishMaster Announces Q1 Financial Results and New Credit Facility

FinishMaster, Inc. , the leading national independent distributor of automotive paints and related accessories, reported today that net income for the quarter ended March 31, 2001 was $839,000 on net sales of $83,235,000, compared to net income of $904,000 on net sales of $84,670,000 in the prior year. Earnings per sha ... Continue reading

US Parts Begins Final Sale of Assets

US Parts Begins Final Sale of Assets

US Parts announced that on May 7, 2001, the U.S. Bankruptcy Court of the Southern District of Texas, Houston Division, denied the Company's request for continued use of cash collateral. Since all of US Parts' cash is subject to the lien of its lending syndicate, the Company does not have cash available to continue norm ... Continue reading

Foamex Chief Financial Officer Resigns

Foamex Chief Financial Officer Resigns

LINWOOD, Pa.--May 9, 2001--Foamex International Inc. announced today that Lee C. Stewart, the company's Chief Financial Officer, has resigned, effective immediately. Carl E. Kraus, who had been Interim CFO prior to Stewart's appointment and who remained with the company, will continue in that capacity until the company ... Continue reading

Foamex Chief Financial Officer Resigns

Foamex Chief Financial Officer Resigns

LINWOOD, Pa.--May 9, 2001--Foamex International Inc. announced today that Lee C. Stewart, the company's Chief Financial Officer, has resigned, effective immediately. Carl E. Kraus, who had been Interim CFO prior to Stewart's appointment and who remained with the company, will continue in that capacity until the company ... Continue reading

Go-Ped(R) Gets in Line With the World's Top Extreme Sports Stars

Go-Ped(R) Gets in Line With the World's Top Extreme Sports Stars

Go-Ped(R) Makes an Appearance Alongside Tony Hawk, Rick Thorne and Other Extreme Sports Stars This Weekend at the Mobile Skatepark Series LIVERMORE, Calif., May 9 Patmont MotorWerks, the creator of the Go-Ped(R) line of personal electric, motorized and self-powered transport devices, will feature the Go-Ped Factory Tea ... Continue reading

Insurance Auto Auctions Announces Greenfield Facility In Albuquerque, New Mexico

Insurance Auto Auctions Announces Greenfield Facility In Albuquerque, New Mexico

SCHAUMBURG, Ill., May 9 Insurance Auto Auctions, Inc. a leading provider of automotive salvage and claims processing services in the United States, today announced the acquisition of a new greenfield facility in Albuquerque, New Mexico. The new facility enables IAA to handle salvage within the entire state of New Mexic ... Continue reading

S&P: Park Avenue Receivables Corp. 'A-1' Commercial Paper Rating Affirmed

S&P: Park Avenue Receivables Corp. 'A-1' Commercial Paper Rating Affirmed

NEW YORK, May 9 Standard & Poor's today affirmed its 'A-1' rating on the commercial paper notes of Park Avenue Receivables Corp. (PARCO). The rating action follows PARCO's purchase of $470 million in variable funding notes backed by a pool of trade receivables from a manufacturer of tire and rubber products. The rating ... Continue reading

UNOVA Reduces Borrowing Needs

UNOVA Reduces Borrowing Needs

WOODLAND HILLS, Calif.--May 9, 2001--UNOVA Inc. today announced it has voluntarily reduced the commitment level under its credit facility to $300 million. The successful action allows UNOVA to avoid certain costs under the terms of its bank debt agreement. "Better-than-expected operating cash flows have enabled us to r ... Continue reading

Valeo's Annual General Meeting And First Supervisory Board Meeting

Valeo's Annual General Meeting And First Supervisory Board Meeting

PARIS--May 9, 2001--Valeo (Paris: FR)(OTC: VLEEY) today announced that the Ordinary and Extraordinary General Shareholders' Meetings were held in Paris on May 9, 2001 followed by the first meeting of the Supervisory Board. 2000 Results The shareholders approved the 2000 accounts. Consolidated sales rose by 18% to 9,120 ... Continue reading

Visteon Corporation Holds First Annual Stockholder Meeting, Announces Stock Repurchase to Fund Employee Incentive Plans

Visteon Corporation Holds First Annual Stockholder Meeting, Announces Stock Repurchase to Fund Employee Incentive Plans

DEARBORN, Mich., May 9 Visteon Corporation held its first annual meeting of stockholders today at the Villanova Conference Center in Radnor, PA. (Photo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) At the meeting, Visteon shareholders re-elected Steven K. Hamp and Robert M. Teeter to the company's Board of ... Continue reading

Ducati Motor Holding Announces Record First Quarter Profits

Ducati Motor Holding Announces Record First Quarter Profits

Ducati Motor Holding S.p.A., a leading manufacturer of high performance motorcycles, announced record profits for the first quarter ended March 31, 2001, reporting an increase of 74% over the same period in the prior year. As previously reported, the Company's first quarter 2001 consolidated sales were Euro 100.6 milli ... Continue reading

GM Expects to Double Design Productivity and Increase Development

GM Expects to Double Design Productivity and Increase Development

CIMdata, a worldwide strategic consulting and research organization, reporting on its recent industry conference held in Palm Springs, California, stated that General Motors Corporation is expected to double its design productivity and increase product development workflow by 70 percent, thanks to a collaborative produ ... Continue reading

Newcor Reports First Quarter Results

Newcor Reports First Quarter Results

Newcor, Inc. announced that sales for the quarter ended March 31, 2001, were $45.8 million, a decrease of $23.4 million, or 34.0%, compared with sales of $69.2 million for the same period of 2000. Sales declined in the automotive market $12.9 million, a decrease of 33.0% from the prior year, and in the heavy-duty truck ... Continue reading

Superior Industries Wins Aluminum Wheel Contract for the 2002Thunderbird

Superior Industries Wins Aluminum Wheel Contract for the 2002Thunderbird

Superior Industries International, Inc. announced today that it will supply aluminum road wheels for the all-new 2002 Ford Thunderbird. "The 2002 Thunderbird is a highly visible and important program for Ford. We are honored that Ford has placed its confidence in Superior to supply aluminum wheels for this eagerly anti ... Continue reading

Toyota Forms Mexican Company to Plan Entry to Mexican Market

Toyota Forms Mexican Company to Plan Entry to Mexican Market

Toyota Motor Corporation today announced incorporation of Toyota Motor Sales de Mexico, S. de R.L. de C.V., established to begin planning for sales, marketing and service operations for Toyota vehicles in Mexico. The new company will be based in Mexico City and is a subsidiary of Toyota Motor Sales (TMS), USA, Inc. The ... Continue reading

''Guardian Technologies Merger Update''; Vairex Audit Completed

''Guardian Technologies Merger Update''; Vairex Audit Completed

Guardian Technologies International, Inc., in a follow-up to its previously announced execution of a definitive agreement to acquire Vairex Corporation (see Press Release dated 2/20/01), announced today that another condition to closing the merger between Guardian and Vairex had been satisfied with the completion of th ... Continue reading

NPD Confirms Rising Gasoline Prices Resulted in Lower Gas Consumption

NPD Confirms Rising Gasoline Prices Resulted in Lower Gas Consumption

With the price of gasoline skyrocketing and predictions that it will rise even more this summer, leading marketing information provider The NPD Group Inc.'s Automotive & Petroleum Group found that Americans' gasoline consumption and buying patterns changed in the first quarter of 2001. NPD's Motor Fuels Index shows tha ... Continue reading

ADVISORY/7th Annual Hot Rod Magazine Power Tour

ADVISORY/7th Annual Hot Rod Magazine Power Tour

--(ENTERTAINMENT WIRE)-- San Bernardino, Calif., sponsored by RAVIN' WHAT: The 7th Annual Hot Rod Magazine Power Tour. A 3,000+ custom car caravan traveling over 2,400 miles, visiting nine cities in 10 days. ... Continue reading

Alias/Wavefront Releases Major New Modeling Functionality in StudioTools 9.7 Industrial Design Software; Designer Productivity Improved With New Surface Blending Features

Alias/Wavefront Releases Major New Modeling Functionality in StudioTools 9.7 Industrial Design Software; Designer Productivity Improved With New Surface Blending Features

TORONTO--May 10, 2001--Alias/Wavefront(TM), an SGI company, announced today that it has added powerful modeling functionality to a new release of the StudioTools(TM) family which gives users greater design flexibility and helps them meet difficult modeling challenges. Chief among the new features in StudioTools 9.7 is ... Continue reading

Click Commerce to Re-Sell ARI E-Catalog Suite; Strategic Alliance Provides Niche Software in Comprehensive Click Commerce Offering

Click Commerce to Re-Sell ARI E-Catalog Suite; Strategic Alliance Provides Niche Software in Comprehensive Click Commerce Offering

MILWAUKEE--May 10, 2001--ARI Network Services, Inc. , a leading provider of Partner Relationship Management (PRM)/e-Commerce solutions that connect equipment manufacturers with their service and distribution networks, announced that Click Commerce, Inc. , a leading provider of Channel Management software and solutions, ... Continue reading

Delphi's Leading Plastics Expert Honored by International Society of Plastics Engineers

Delphi's Leading Plastics Expert Honored by International Society of Plastics Engineers

WARREN, Mich., May 10 Delphi Automotive Systems announced today that Dr. Suresh Shah, senior staff research scientist in the Advanced Development Group for the Interior Systems division, was honored as "Fellow of the Society" by the International Society of Plastics Engineers (SPE). Shah was recognized during the Socie ... Continue reading

IMPCO Recognized By Los Angeles Business Journal

IMPCO Recognized By Los Angeles Business Journal

IMPCO Ranks in the Top 100 Companies in Los Angeles; IMPCO's Growth is Advancing Globally CERRITOS, Calif., May 10 IMPCO Technologies, Inc. , the world's leading source of advanced alternative fuel systems technology and components for internal combustion engines today announced that the company has been named one of t ... Continue reading

Mitchell International Announces Plans to Develop a Quickbooks Interface for Its ABS System

Mitchell International Announces Plans to Develop a Quickbooks Interface for Its ABS System

SAN DIEGO--May 10, 2001-- Interface with Best-Selling Accounting and Financial Management Software Will Eliminate Hours of Duplicate Data Entry and Errors Mitchell International today announced plans to develop an interface between its ABS Body Shop Management System and QuickBooks(R), the best-selling small business a ... Continue reading

Monro Muffler Brake, Inc. to Broadcast Earnings Conference Call Via Live Webcast

Monro Muffler Brake, Inc. to Broadcast Earnings Conference Call Via Live Webcast

ROCHESTER, N.Y.--May 10, 2001-- FROM: Monro Muffler Brake, Inc. SUBJECT: Fourth Quarter 2001 Conference Call and Live Webcast WHO: Management of Monro Muffler Brake, Inc. WHEN: Thursday, May 17, 2001 at 11:00 am Eastern Daylight Time URL: http://www.vcall.com. An archive of the webcast will be available at this website ... Continue reading

Monro Muffler Brake, Inc. to Broadcast Earnings Conference Call Via Live Webcast

Monro Muffler Brake, Inc. to Broadcast Earnings Conference Call Via Live Webcast

ROCHESTER, N.Y.--May 10, 2001-- FROM: Monro Muffler Brake, Inc. SUBJECT: Fourth Quarter 2001 Conference Call and Live Webcast WHO: Management of Monro Muffler Brake, Inc. WHEN: Thursday, May 17, 2001 at 11:00 am Eastern Daylight Time URL: http://www.vcall.com. An archive of the webcast will be available at this website ... Continue reading

New DisplaySearch Report Provides Q1'01 Small/Medium Display Shipments By Application

New DisplaySearch Report Provides Q1'01 Small/Medium Display Shipments By Application

AUSTIN, Texas--May 10, 2001-- Mobile Phone, PDA, Handheld PC, Video Camera, Digital Camera and Automotive Monitor Markets Covered DisplaySearch, the worldwide leader in FPD market research and consulting, released a breakthrough quarterly report covering display shipments by supplier and display procurement by brand in ... Continue reading

Parts.com and eAutoclaims Sign Exclusive License and Joint Marketing Agreement

Parts.com and eAutoclaims Sign Exclusive License and Joint Marketing Agreement

Five Year Exclusive Creates Pipeline Representing Millions in Auto Parts Purchases Through parts.com North American Dealer Network Agreement to Deliver Benefits to Insurance Companies and Body Shops SANFORD, Fla., and PALM HARBOR, Fla., May 10 Parts.com, Inc. (OTC Bulletin Board: MIRM), a marketplace and software solut ... Continue reading

REMINDER/7th Annual Hot Rod Magazine Power Tour

REMINDER/7th Annual Hot Rod Magazine Power Tour

--(ENTERTAINMENT WIRE)-- Kingman, Ariz. WHAT: The 7th Annual Hot Rod Magazine Power Tour. A 3,000+ custom car caravan traveling over 2,400 miles, visiting nine cities in 10 days. ... Continue reading

Richard E. Carter Named General Manager of Datron's Mobile Electronics Division; Appointment Strengthens Datron's Commitment to the Mobile Entertainment Market

Richard E. Carter Named General Manager of Datron's Mobile Electronics Division; Appointment Strengthens Datron's Commitment to the Mobile Entertainment Market

SIMI VALLEY, Calif.--May 10, 2001--Datron Advanced Technologies' Mobile Electronics Division has hired Richard E. Carter to be General Manager. The Mobile Electronics Division offers a broad range of products, including the award-winning CruiseTV(R)STS, that bring live audio and video programming to a variety of mobile ... Continue reading

Ride for Kids Double Header Weekend raises $93K!

Ride for Kids Double Header Weekend raises $93K!

With a late spring chill in the Cranberry, PA morning air, 475 motorcyclists fired up their machines and fell in line behind a Pennsylvania State Police escort as the first-ever Pennsylvania Ride for Kids event rolled into the history books on Sunday, May 6 with an amazing $50,913. This Ride's destination was a giant c ... Continue reading

SME's Rapid Prototyping & Manufacturing 2001 Event Kicks Off Monday, May 14; Multi-Disciplinary Program Runs Through May 17 At the Cincinnati Convention Center

SME's Rapid Prototyping & Manufacturing 2001 Event Kicks Off Monday, May 14; Multi-Disciplinary Program Runs Through May 17 At the Cincinnati Convention Center

CINCINNATI, May 10 Manufacturers in search of the latest advances in rapid prototyping (RP) technology, news, networking and part studies, will converge at the Cincinnati Convention Center for the Rapid Prototyping and Manufacturing 2001 Conference and Exposition. Sponsored by the Society of Manufacturing Engineers (SM ... Continue reading

S&P Lowers Rtgs on Ssangyong Fire, Daehan to 'CCCpi'

S&P Lowers Rtgs on Ssangyong Fire, Daehan to 'CCCpi'

TOKYO--Standard & Poor's--May 10, 2001--Standard & Poor's today lowered its 'pi' financial strength ratings on Ssangyong Fire & Marine Insurance Co. Ltd. and Daehan Fire & Marine Insurance Co. Ltd. to triple-'Cpi' from single-'Bpi'. The downgrades reflect the companies' weakened capitalization--the ability of both insu ... Continue reading

Benteler Automotive to Relocate Headquarters to Auburn Hills, Michigan

Benteler Automotive to Relocate Headquarters to Auburn Hills, Michigan

Benteler Automotive today announced that it plans to move the company's North American headquarters and advanced engineering and technical center to a new facility in Auburn Hills, Mich. The move is expected to be completed by October 2001, and will consolidate a major portion of Benteler's non-manufacturing personnel. ... Continue reading

Benteler Automotive to Relocate Headquarters to Auburn Hills, Michigan

Benteler Automotive to Relocate Headquarters to Auburn Hills, Michigan

Benteler Automotive today announced that it plans to move the company's North American headquarters and advanced engineering and technical center to a new facility in Auburn Hills, Mich. The move is expected to be completed by October 2001, and will consolidate a major portion of Benteler's non-manufacturing personnel. ... Continue reading

Cooper Tire Announces Intent to Buy Hercules Retreading Assets

Cooper Tire Announces Intent to Buy Hercules Retreading Assets

COOPER TIRE & RUBBER COMPANY today announced Cooper's intention, as of June 30, 2001, to purchase certain manufacturing assets used in Hercules' retread operation and will soon begin to supply retread products to customers formerly served by Hercules. The purchase does not include any facilities as Cooper will further ... Continue reading

Cooper Tire Announces Intent to Buy Hercules Retreading Assets

Cooper Tire Announces Intent to Buy Hercules Retreading Assets

COOPER TIRE & RUBBER COMPANY today announced Cooper's intention, as of June 30, 2001, to purchase certain manufacturing assets used in Hercules' retread operation and will soon begin to supply retread products to customers formerly served by Hercules. The purchase does not include any facilities as Cooper will further ... Continue reading

Court Rules Against Consumers Who Rent Cars At Sea-Tac

Court Rules Against Consumers Who Rent Cars At Sea-Tac

Consumers beware! The prices quoted for renting cars at Sea-Tac airport are significantly higher than advertised; and a Washington State Court of Appeals decision handed down this week says that practice is legal. A group of consumers and their attorneys disagree. The Court's ruling "creates a precedent that significan ... Continue reading

Court Rules Against Consumers Who Rent Cars At Sea-Tac

Court Rules Against Consumers Who Rent Cars At Sea-Tac

Consumers beware! The prices quoted for renting cars at Sea-Tac airport are significantly higher than advertised; and a Washington State Court of Appeals decision handed down this week says that practice is legal. A group of consumers and their attorneys disagree. The Court's ruling "creates a precedent that significan ... Continue reading

Federal Judge Denies Michelin Motion For Injunction

Federal Judge Denies Michelin Motion For Injunction

A federal court in Davenport, Iowa, has denied a motion by Michelin North America Inc., for a preliminary injunction against Bridgestone/Firestone Inc. The ruling was issued late Friday, May 4, 2001, by U.S. District Judge Charles R. Wolle. The case involves allegations by Michelin that Bridgestone/Firestone and Bandag ... Continue reading

Federal Judge Denies Michelin Motion For Injunction

Federal Judge Denies Michelin Motion For Injunction

A federal court in Davenport, Iowa, has denied a motion by Michelin North America Inc., for a preliminary injunction against Bridgestone/Firestone Inc. The ruling was issued late Friday, May 4, 2001, by U.S. District Judge Charles R. Wolle. The case involves allegations by Michelin that Bridgestone/Firestone and Bandag ... Continue reading

Gentex Ships Automatic-Dimming Mirror with Compass Display

Gentex Ships Automatic-Dimming Mirror with Compass Display

Gentex Corporation, the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and commercial fire protection products, is shipping interior automatic-dimming mirrors with a compass display for the 2001 Toyota Land Cruiser. At the same time, several Lexus vehicles have upgraded from a base automatic ... Continue reading

Gentex Ships Automatic-Dimming Mirror with Compass Display

Gentex Ships Automatic-Dimming Mirror with Compass Display

Gentex Corporation, the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and commercial fire protection products, is shipping interior automatic-dimming mirrors with a compass display for the 2001 Toyota Land Cruiser. At the same time, several Lexus vehicles have upgraded from a base automatic ... Continue reading

Honda Dealers Most Responsive

Honda Dealers Most Responsive

Honda dealers ranked highest among 37 major automotive brands in online responsiveness according to a recent nationwide study. Metricals, a New York-based research company, unveiled the findings of its Inbox Challenge study today. ... Continue reading

Honda Dealers Most Responsive

Honda Dealers Most Responsive

Honda dealers ranked highest among 37 major automotive brands in online responsiveness according to a recent nationwide study. Metricals, a New York-based research company, unveiled the findings of its Inbox Challenge study today. ... Continue reading

INCAT Acquires Visual Edge Division

INCAT Acquires Visual Edge Division

INCAT Systems Inc. announced the acquisition of the Farmington Hills, Mich.-based Engineering Technology Group from Visual Edge Technology of San Jose, Calif. The transaction includes the purchase of certain assets and the assumption of liabilities related to the Engineering Technology Group business. Most of the emplo ... Continue reading

INCAT Acquires Visual Edge Division

INCAT Acquires Visual Edge Division

INCAT Systems Inc. announced the acquisition of the Farmington Hills, Mich.-based Engineering Technology Group from Visual Edge Technology of San Jose, Calif. The transaction includes the purchase of certain assets and the assumption of liabilities related to the Engineering Technology Group business. Most of the emplo ... Continue reading

LDM Technologies Announces Second Quarter Earnings

LDM Technologies Announces Second Quarter Earnings

LDM Technologies, Inc. reports net sales for its second quarter ended March 25, 2001 (second quarter 2001) were $108.6 million, a decrease of $29.1 million, or 21.1%, from the second quarter of FY 2000. Second quarter 2001 net sales were comprised of $94.2 million of automotive product sales and $14.4 million of mold s ... Continue reading

LDM Technologies Announces Second Quarter Earnings

LDM Technologies Announces Second Quarter Earnings

LDM Technologies, Inc. reports net sales for its second quarter ended March 25, 2001 (second quarter 2001) were $108.6 million, a decrease of $29.1 million, or 21.1%, from the second quarter of FY 2000. Second quarter 2001 net sales were comprised of $94.2 million of automotive product sales and $14.4 million of mold s ... Continue reading

NXT Announces New Licensing Agreement With Fiat Automotive

NXT Announces New Licensing Agreement With Fiat Automotive

NXT announced that it has secured an important new licensing agreement with Fiat Auto R&D USA. Fiat Auto R&D is Fiat's North American research and development agency, which has been established to evaluate emerging technologies in the U.S. The relationship builds on the initiatives established by NXT's successful exhib ... Continue reading

NXT Announces New Licensing Agreement With Fiat Automotive

NXT Announces New Licensing Agreement With Fiat Automotive

NXT announced that it has secured an important new licensing agreement with Fiat Auto R&D USA. Fiat Auto R&D is Fiat's North American research and development agency, which has been established to evaluate emerging technologies in the U.S. The relationship builds on the initiatives established by NXT's successful exhib ... Continue reading

SAE Teams With ITS America and AAM on Driver Distraction Problem

SAE Teams With ITS America and AAM on Driver Distraction Problem

The Society of Automotive Engineers (SAE International) is teaming with the Intelligent Transportation Society (ITS) of America and the Alliance of Automobile Manufacturers (AAM), along with major automotive OEMs and suppliers, to develop recommendations on the driver distraction problem developing within the automotiv ... Continue reading

SAE Teams With ITS America and AAM on Driver Distraction Problem

SAE Teams With ITS America and AAM on Driver Distraction Problem

The Society of Automotive Engineers (SAE International) is teaming with the Intelligent Transportation Society (ITS) of America and the Alliance of Automobile Manufacturers (AAM), along with major automotive OEMs and suppliers, to develop recommendations on the driver distraction problem developing within the automotiv ... Continue reading

Tenneco Automotive Announces Annual Stockholders Meeting Results

Tenneco Automotive Announces Annual Stockholders Meeting Results

Tenneco Automotive announced at its annual meeting that the stockholders re-elected M. Kathryn Eickhoff, Frank E. Macher, Roger B. Porter, David B. Price, Jr., and Dennis G. Severance to the company's board of directors. The company also announced the retirement of Mark Andrews, a director of the company since 1987. "W ... Continue reading

Tenneco Automotive Announces Annual Stockholders Meeting Results

Tenneco Automotive Announces Annual Stockholders Meeting Results

Tenneco Automotive announced at its annual meeting that the stockholders re-elected M. Kathryn Eickhoff, Frank E. Macher, Roger B. Porter, David B. Price, Jr., and Dennis G. Severance to the company's board of directors. The company also announced the retirement of Mark Andrews, a director of the company since 1987. "W ... Continue reading

INDY 500: Stewart Hits 225 at Indy - Second Fastest in Practice

INDY 500: Stewart Hits 225 at Indy - Second Fastest in Practice

May 10, 2001 SPEEDWAY, Ind., (May 9, 2001) - Tony Stewart drove his Target/Home Depot G-Force Aurora to a top speed of 225.004 mph to post the second-quickest speed of the day in practice for the 85th Indianapolis 500 at Indianapolis Motor Speedway. It was his biggest gain yet in three days of practice at the legendary ... Continue reading

INDY 500: Day Four of Indy Practice Finds Infiniti Drivers Busy Logging Laps

INDY 500: Day Four of Indy Practice Finds Infiniti Drivers Busy Logging Laps

May 10, 2001 Indianapolis, Ind. (May 9, 2001) -- Infiniti's trio of drivers were busy during the fourth day of practice for the Indy 500 completing nearly 400 miles on the 2.5-mile Indianapolis Motor Speedway -- more miles than any other day this week. The total number of practice miles recorded by Infiniti engines so ... Continue reading

INDY 500: Goodyear and Cheever make steady progress in practice at Indy

INDY 500: Goodyear and Cheever make steady progress in practice at Indy

May 10, 2001 Indianapolis, IN (May 9, 2001) - Cheever Indy Racing teammates Eddie Cheever Jr. and Scott Goodyear continued to make steady progress during the fourth day of practice for the Indianapolis 500 scheduled for May 27, with both drivers posting fast laps above 221 mph. Cheever toured the 2.5-mile Brickyard ova ... Continue reading

CART/INDY 500: Andretti to Complete Racing World Tour in May

CART/INDY 500: Andretti to Complete Racing World Tour in May

May 10, 2001 INDIANAPOLIS (Tuesday, May 9, 2001) -- Qualify in Indianapolis, race in Japan and then race in Indy ... on three consecutive weekends on two continents across one ocean. How is Michael Andretti going to accomplish all of that in 20 days? Here is a Team Motorola/Archipelago Timeline to follow Michael as he ... Continue reading

INDY 500: Sharp reaches 226, Stewart 225 as speeds climb at Indy

INDY 500: Sharp reaches 226, Stewart 225 as speeds climb at Indy

May 10, 2001 INDIANAPOLIS, Wednesday, May 9, 2001 - Former Indy Racing champions Scott Sharp and Tony Stewart flexed their horsepower in the final hour of practice for the 85th Indianapolis 500 on May 9, taking the top two spots on the speed chart with the fastest laps of the month. 1996 Indy Racing co-champion Sharp l ... Continue reading

NASCAR WCUP: Jeff Gordon provides Mother's Day surpise to grateful fan

NASCAR WCUP: Jeff Gordon provides Mother's Day surpise to grateful fan

May 10, 2001 HARRISBURG, N.C. - Jeff Gordon helped give Shirley Schoenberger a surprise Mother's Day present she won't soon forget. As part of their "Mom's Dream Comes True" program, "Live with Regis and Kelly" asked viewers to send in letters describing why their mother is so special. One of the letters chosen was fro ... Continue reading

NASCAR WCUP: Just in Time to Celebrate Mother's Day

NASCAR WCUP: Just in Time to Celebrate Mother's Day

May 10, 2001 The Square D Racing Team has a rare weekend off, but Bobby Hamilton has asked that the team to attend the NASCAR Craftsman Truck Series race this weekend in Darlington, S.C. Hamilton is planning on fielding a third team for the Darlington 200 and will drive in the event. After team members agreed to join H ... Continue reading

GRAN AM: Ferrari Challenge Travels to Road Atlanta this Weekend

GRAN AM: Ferrari Challenge Travels to Road Atlanta this Weekend

May 10, 2001 ATLANTA, Ga. - Ferrari Challenge will compete at Road Atlanta (Ga.) this weekend, with tickets on sale for Saturday and Sunday*s race action. The weekend will include not only the 355 Challenge and brand-new 360 Challenge cars, but also the most unique Historic Challenge cars. Road Atlanta is a 2.54-mile, ... Continue reading

US F2000: Aaron Justus continues relationship with Forsythe

US F2000: Aaron Justus continues relationship with Forsythe

May 10, 2001 LOS ANGELES, CALIF. (May 9, 2001)-After winning the 2000 U.S. F2000 National Championship by capturing five wins, ten podiums and eight pole positions and taking the checker in all 3 Oval Crown races, Aaron Justus is looking toward a bright future in auto-racing. Although not on the track this year, Justus ... Continue reading

GRAND AM: Grand-Am Drivers Team Up With The Glen in Go-Karts

GRAND AM: Grand-Am Drivers Team Up With The Glen in Go-Karts

May 10, 2001 Watkins Glen, NY (May 9, 2001) -- Sports car drivers are so anxious to race at Watkins Glen International, they're turning up days before the event to get into go-karts and compete against track personnel and members of the community in a preview to the Six Hours of The Glen. This year's Three Hours of Go- ... Continue reading

NASCAR Trucks: Powers Motorsports Dodge: Heartbreak in the Heartland

NASCAR Trucks: Powers Motorsports Dodge: Heartbreak in the Heartland

May 10, 2001 CLAYTON GA (May 9,2001) - Powers Motorsports was excited about unveiling their new paint scheme on the #55 Dodge truck this past weekend at Saint Louis, Gateway International Raceway. “We have painted both trucks the same ”said Tom Powers driver of the #55 TRUCKSERIES.COM truck “We are go ... Continue reading

NASCAR BGN: Champion Green still searching for first win at Loudon

NASCAR BGN: Champion Green still searching for first win at Loudon

May 10, 2001 Jeff Green On Loudon: Jeff Green, 2000 NASCAR Busch Series Champion and driver of the No. 10 Nestlé Nesquik Ford Taurus, is still searching for his first win at New Hampshire International Raceway. "The most important factor to success at Loudon is track position," said Green. "The best way to get track p ... Continue reading

US F2000: Mike Potekhen signs with P.D.R.

US F2000: Mike Potekhen signs with P.D.R.

May 10, 2001 FT. COLLINS, COLO. (May 10, 2001)-Performance Development Racing has recently signed Mike Potekhen, 21, of Phoenix, Ariz. as the driver of their second team car for the remainder of the 2001 season. P.D.R. team manager, Steve Wulff is extremely pleased with testing results so far this season, and feels tha ... Continue reading

NASCAR WWEST: Brendan Gaughan and Orleans Racing head to Irwindale

NASCAR WWEST: Brendan Gaughan and Orleans Racing head to Irwindale

May 10, 2001 Las Vegas…With a win at Fontana safely tucked in their pocket, Brendan Gaughan and Orleans Racing are looking to once again put their No.16 NAPA/Martin-Senour Chevy Monte Carlo in first place at the NASCAR Food 4 Less 250, Saturday, May 12 at Irwindale Speedway. "We generally tend to do pretty well a ... Continue reading

Youngsters Can Expect Fun-Filled Celebration 2001

Youngsters Can Expect Fun-Filled Celebration 2001

May 10, 2001 When the gates open at Martinsville Speedway on July 3 for Celebration 2001, the youngsters will have plenty to do before the music begins at 6:30 p.m. The Independence Day Celebration will begin at 4 p.m. on July 3 when the rides will open for youngsters. There will be no charge for the rides, which inclu ... Continue reading

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