7th Anniverary Corvette Celebration Wrap Up & Highlights
Please find the following wrap up release and photos from our recent Corvette Celebration. Additional photos are available if needed, and event coverage is available through our website at: http://www.corvettemuseum.com/labor_day/labor01/index.shtml A photo is also attached on a special donation that was made during th ... Continue reading
Actuant Corporation To Adopt FAS No. 142 in Fiscal 2002, Reaffirms Q4 Guidance
MILWAUKEE--Sept. 11, 2001--Actuant Corporation announced today that it adopted Statement of Financial Accounting Standards No. 142, "Goodwill and Other Intangible Assets" in September 2001, the beginning of its 2002 fiscal year. The new standard requires companies to cease all amortization of goodwill and perform annua ... Continue reading
MEDIA ALERT - Honda 2002 new model information
MEDIA ALERT ATTENTION: EDITORS (Please do not publish this information.) American Honda motorcycle dealers will gather in Las Vegas next Wednesday and Thursday, September 19-20, to see Honda's new 2002 and early-release 2003 models. As a member of the Press, you can be among the first to view Honda's complete line of m ... Continue reading
ADVISORY/The Thrill of Motor Sports Sparks New Designs from Mitsubishi
ADVISORY...for TUESDAY (Sept. 11) NOTE TO EDITORS: Multimedia Assets Available With This Story Include Logos, Photos, Text News Releases -- With an emphasis on motor sports, Mitsubishi Motors Corporation is highlighting advanced automotive technologies at the Frankfurt Motor Show. In the spirit of challenge, Mitsubishi ... Continue reading
AIG Granted Options to Acquire Two Million Shares of Warrantech Stock
EULESS, Texas--Sept. 11, 2001--Warrantech Corporation (OTCBB:WTEC), a leader and innovator in the field of service contracts and extended warranties, today announced that pursuant to the settlement of litigation with American International Group, Inc. (AIG) and Service Guard Insurance Agency, Inc., Warrantech Corporati ... Continue reading
Build-To-Order Opens Headquarters in Southern California
Build-To-Order Opens Headquarters in Southern California Relocation to the IMAX Studios Demonstrates Company Commitment to Automotive Innovation and Design SANTA MONICA, Calif., Sept. 11 Build-To-Order, Inc. (BTO), announced today the relocation of its corporate headquarters to the IMAX facility in Santa Monica, Calif. ... Continue reading
Consumer Portfolio Services Inc. Completes $68.5 Million Securitization of Asset Backed Notes
IRVINE, Calif.--Sept. 10, 2001--Consumer Portfolio Services Inc. today announced it has completed a $68.5 million securitization. In a private placement, qualified institutional buyers purchased notes backed by automotive receivables. The notes, issued by CPS Auto Receivables Trust 2001-A, consist of two classes: $44.5 ... Continue reading
Covisint Portal Solutions to Offer Common Services For Global Automotive Industry
Covisint Portal Solutions to Offer Common Services For Global Automotive Industry COVISINT LOGO Covisint, L.L.C. logo. (PRNewsFoto)[TC] DETROIT, MI USA 03/22/2001 Covisint Industry Portal to Support Automotive Suppliers and OEMs DETROIT, Sept. 11 Covisint today announced its commitment to establish common portal servic ... Continue reading
eAutoclaims and Global Now, Inc. Form Joint Venture for Salvage Disposal
eAutoclaims and Global Now, Inc. Form Joint Venture for Salvage Disposal PALM HARBOR, Fla., Sept. 11 eAutoclaims (OTC Bulletin Board: EACC) (EACC) announced today it has signed a joint venture agreement with Global Now, Inc. (http://www.global-now.com) a technology and eCommerce development company that specializes in ... Continue reading
Goodyear and Siemens VDO Automotive Connect to Improve Tire and Vehicle Safety
Goodyear and Siemens VDO Automotive Connect to Improve Tire and Vehicle Safety FRANKFURT, Germany, Sept. 11 Goodyear, the world's leading tire company, and global electronics leader Siemens VDO Automotive have joined forces to develop an advanced tire pressure warning system to enhance tire and vehicle safety. Goodyear ... Continue reading
Hassett Air Express Achieves ISO 9001:2000 Certification
ELMHURST, Ill.--Sept. 11, 2001--Hassett Air Express, a leader in time-sensitive freight services, recently achieved certification for ISO 9001:2000. The certification process was successfully completed for all Hassett facilities - including corporate headquarters and 10 remote operations. The ISO 9000:2000 series is ba ... Continue reading
Michigan's First Auto Theft Forum Brings Together Experts to Discuss Auto Theft Trends and Improving Michigan's Communities, Sept. 12 Pioneering forum looks to improve Michigan auto theft prevention - state in the top five in the U.S. EAST LANSING, Mich., Sept. 11 Experts from law enforcement, the insurance industry an ... Continue reading
FREMONT, Calif.--Sept. 11, 2001-- Up to 100K Units Expected be Sold Annually Throughout the World M-Systems , a leader in flash disk data storage products, today announced that its DiskOnChip(TM) flash disk product has been selected as the local data storage device in a new line of in-car personal computers (PCs) being ... Continue reading
PITTSBURGH & CLEARWATER, Fla.--Sept. 11, 2001--Pinnacle Business Management (Pink Sheets:PCBM) announced today that its All Pro Auto Mall business unit, in an effort to eliminate debt and improve market position, has entered into an agreement to move its McMurray, Pa. dealership to Canonsburg, Pa., resulting in clearin ... Continue reading
Probex Arranges Interim Financing
DALLAS--Sept. 11, 2001--Probex Corp. (AMEX:PRB), an energy technology company specializing in environmental services, today said that it has recently secured interim financing totaling $4.1 million. Probex Chairman, President and CEO Charles M. Rampacek noted that, "This interim financing, from a combination of investo ... Continue reading
Revolutionary New 6-speed Automatic Transmission Introduced at Frankfurt Motor Show
Revolutionary New 6-speed Automatic Transmission Introduced at Frankfurt Motor Show ANTONOV UNVEILS 6-SPEED ANTONOV AUTOMATIC DRIVE Antonov unveils today its newest automatic transmission, the 6-speed Antonov Automatic Drive (AAD). Radically compact, the new-generation AAD is designed to meet the demand for a 6-speed a ... Continue reading
AUSTIN, Texas--Sept. 11, 2001-- Salion's Rapid ROI(tm) Solutions for Revenue Acquisition Management Save Suppliers Millions of Dollars Annually Salion(tm) Inc. today announced its debut as the "Champion of Suppliers(sm)," providing rapid ROI solutions that optimize the Revenue Acquisition process for suppliers of compl ... Continue reading
Technological Development in the Third World
The Financial News, September 2001 Production Mini-plants in mobile containers "...Science Network will supply to countries and developing regions the technology and the necessary support for the production in series of Mini-plants in mobile containers (40-foot). The Mini-plant system is designed in such a way that all ... Continue reading
Whistler Creates Fuel Cell/Alternative Power Advisory Board
SAN DIEGO--Sept. 11, 2001--The Advisory Board will assist the Board of Directors and Management of the Company in developing and executing the long-term goals of the company.In addition, the board will review financial objectives, major strategies and plans, major corporate actions of Whistler, recommendations to the B ... Continue reading
DETROIT--Sept. 11, 2001--The rash of automotive supplier mega-mergers and acquisitions during the last three years has failed to help these companies achieve their goals for increased margins, according to the Accenture Global Supplier Index (GSI). Now, as the frenzy of larger M&A deals has subsided - from a global pea ... Continue reading
BURNdevelopment Produces Webcast for the Launch of the 2002 Toyota Camry in Southeast Florida
MIAMI--Sept. 11, 2001--BURNdevelopment, a South Florida-based business and technology consulting firm, has been selected by Southeast Toyota Distributors, LLC (SET), the largest franchised distributor of Toyota cars, trucks and vans in the world, to produce and broadcast the unveiling of the 2002 Toyota Camry via an In ... Continue reading
Delphi Wins $54 Million Power Sliding Door Business in Europe
Delphi Automotive Systems has won production contracts worth approximately $54 million over the life of the contracts for its power sliding door. The first European application to offer a power sliding door will be in 2002. A second application on a light-commercial vehicle will soon follow. ... Continue reading
AMCI Expands European Operations, Announces European Leader
Automotive Marketing Consultants Inc. (AMCI) today announced plans to expand business in Europe, establishing a new office near Ingolstadt, Germany, and the appointment of Bert Moerman as Director, European Operations. AMCI, first known as America's largest vehicle-testing company, boasts a client list that already inc ... Continue reading
TRW Exhibits Technology for a New Century at IAA
TRW Inc. is embarking on its second century much like it did its first: with a focus on technology and performance. At the 2001 Internationale Automobil-Ausstellung (IAA), September 11-23 in Frankfurt, TRW is demonstrating technologies for global vehicle makers that ultimately will simplify vehicle production and assem ... Continue reading
Aluminum-Intensive Technology Announced for Jaguar XJ Sedan
The next generation of Jaguar's flagship XJ sedan will be the company's first series production model to feature an advanced aluminum-intensive body structure, marking a significant step forward in Jaguar's development and use of innovative technologies and new materials. Making the announcement today at the Frankfurt ... Continue reading
Fourth Major Sales Win for Delphi's Passive Occupant Detection System
Delphi Automotive Systems has been awarded its fourth major contract for its innovative passive occupant detection system (PODS). Delphi was first to market with passive occupant detection introducing it with Jaguar for the 2001 model year, and expects revenues from this new technology to exceed $300 million annually b ... Continue reading
SatCon Delivers 250-Kilowatt Power Conditioning Unit to Siemens
SatCon Technology Corporation(R) , a leader in power and energy management products, announced today that its Power Systems Canada unit shipped a 250-kilowatt power conversion system to Siemens Westinghouse for use in Siemens' Solid Oxide Fuel Cell (SOFC), which is aimed at the stationary distributed power generation m ... Continue reading
Carlos Ghosn Outlines Bold Plan for Nissan in Europe
Today at the Frankfurt Motor Show, Carlos Ghosn, President and Chief Executive Officer of Nissan Motor Company, announced the goal for Nissan "to become the most distinctive Japanese brand in Europe." The announcement came as Mr. Ghosn introduced the new generation Primera, one of the most significant new vehicles in N ... Continue reading
Tenneco Green Technology, Strategy Drive Company's European Growth
Hari N. Nair, the new executive vice president and managing director of Tenneco Automotive's European business unit, today said the company's technologies enable automotive and truck manufacturers to meet Europe's strict air quality standards now -- long before they become mandatory in 2005 and 2008. "Tenneco's technol ... Continue reading
SmarTire Begins North American Shipment Of New Products
SmarTire Systems Inc., a global leader in tire pressure and temperature monitoring systems, reported today it has launched the distribution of its new aftermarket products in North America with two industry leaders, The Tire Rack and Big O Tires. The two companies will sell SmarTire's new family of tire monitoring afte ... Continue reading
Thrill of Motor Sports Sparks New Designs from Mitsubishi
Mitsubishi Motors Corporation with an emphasis on motor sports welcomes visitors to its booth at the Frankfurt Motor Show. Showcasing advanced automotive technologies and Mitsubishi's spirit of challenge are a Pajero1 Evolution concept car, the Dakar Pajero that Jutta Kleinschimdt drove to her historic victory at the 2 ... Continue reading
Coachmen Industries, Inc. Expects to Remain Profitable in 2001
Coachmen Industries, Inc. reaffirms its previous guidance that it will be profitable for the year ending December 31, 2001, though below levels it had earlier anticipated. "Our earlier projections assumed that the general economic conditions would recover during the second half of the year, which clearly has not occurr ... Continue reading
Suzuki XL-7 Earns ``Good'' Overall Rating in Highway Safety Crash Test
Suzuki's new XL-7 earned a place in the highest possible overall rating category for crash evaluations recently performed by the Insurance Institute for Highway Safety (IIHS). The IIHS gave the seven-seat Suzuki an overall "good" rating in its 40-mph offset frontal impact test, which is a laboratory test that focuses o ... Continue reading
Amcast Automotive Wins Two Aluminum Wheel Orders From General Motors
Amcast Industrial Corporation announced today that Amcast Automotive has been awarded two new aluminum road wheels from General Motors Corporation. The wheels will be produced for the 2002 model year Chevrolet Malibu and Cavalier vehicle lines and offer significant revenue potential for the company. Initial production ... Continue reading
AMETEK Demonstrates Web-Based Capability of Its Thermox Smart Sensors
AMETEK, Inc. conducted a live Web-based demonstration of the remote servicing and maintenance capabilities of its Thermox(R) Smart Sensor and Series 2000 products at the ISA 2001 Show in Houston, Texas. The real-time demo linked AMETEK's booth at ISA 2001 with Thermox Series 2000-based analyzers and IQ sensors at sever ... Continue reading
Cummins Westport announces natural gas engines for trucks and buses
Cummins Westport Inc., a joint venture company owned by Cummins Inc. of Columbus, Indiana and Westport Innovations Inc. of Vancouver, British Columbia, today disclosed plans for a complete range of low-emissions natural gas engines which will offer a natural gas option for all commercial truck and bus fleets. Cummins W ... Continue reading
Delphi Launches First Compact, Fully-Integrated Electronic Unit Injector
A revolutionary new Electronic Unit Injector (EUI) has been developed by Delphi Automotive Systems , the world's second largest supplier of diesel fuel injection technologies, for use in large diesel engines. The new, compact injector can directly replace previous generation injectors, providing much greater flexibilit ... Continue reading
Donnelly PanoramicVision on Renault Talisman Concept Car At Frankfurt
Donnelly Corporation and Renault have teamed up to demonstrate new technology at the 2001 Frankfurt Motor Show, September 11-23. Donnelly is supplying enhanced driver visibility and safety products on Renault's vehicles. Donnelly's next generation PanoramicVision(TM) system is demonstrated on the Renault "Talisman" con ... Continue reading
Drive Safely Work Week Should Start with Tire Safety
Motorists should start "Drive Safely Work Week" right by checking their tires for proper inflation and for signs of uneven or excessive treadwear, according to the Rubber Manufacturers Association. The Network of Employers for Traffic Safety (NETS), an organization of government and industry groups, is sponsoring "Driv ... Continue reading
Exide Technologies Facility in Kansas Earns Quality Certification
Exide Technologies , the global leader in stored electrical-energy solutions, announced today that its transportation battery manufacturing facility in Salina, Kansas has earned the ISO/TS 16949 quality certification. The ISO/TS 16949 certification is a broad-based award acknowledging superior quality in design, purcha ... Continue reading
Hybrid Electric Vehicle Battery Market Charged for Rapid Growth
The market for advanced Hybrid Electric Vehicle (HEV) batteries will grow from approximately $70 million this year to over $250 million by 2005 and is expected to top $500 million by 2009, according to a new study, "The 2001 Advanced Automotive Battery Industry Report," to be published in November 2001. Hybrid electric ... Continue reading
Indian Motorcycle Builds Management Team
Momentum continues at the Indian Motorcycle Company. Following the recent announcement of substantial investment in the company by Audax Group, and the appointment of Frank O'Connell as CEO, four executives have joined the Indian Motorcycle team. Gary Patten, Executive Vice President and Chief Financial Officer Gary br ... Continue reading
Lexus Announces Price for 2002 LX 470
Lexus announced today the price for the 2002 LX 470 premium luxury sport utility vehicle will remain flat with a Manufacturer's Suggested Retail Price (MSRP) of $61,855. Additionally for 2002, the DVD-based Lexus Navigation System is now standard equipment. The upgraded system has an expanded database, now includes Can ... Continue reading
Michelin to Reduce Annual Costs by $200M To Increase Competitiveness
Faced with a downturn in tire markets and the need to increase its long-term competitiveness, Michelin North America, Inc. today announced a plan to reduce some $200 million in annual operating costs. Implementation of the plan begins immediately. "We need to position ourselves for the future and cannot wait for the ma ... Continue reading
Murata Introduces Smallest High Frequency Inductors
Advancements in Technology Produce Low Profile, Lead Free Surface Mount Inductor Series (LQP03T) with High Q Value Murata Electronics North America (www.murata.com), a world-leading innovator in electronics, today announced the introduction of their 0201-sized (0.6mm x 0.3mm) high frequency inductor series (LQP03T) - t ... Continue reading
Steady Growth Projected for Automobile Maintenance Service Markets
As North American vehicle sales decrease, consumers are keeping cars longer and investing in maintenance rather than replacing the vehicle. According to new analysis by Frost & Sullivan (http://www.transportation.frost.com ), North American Automotive Maintenance Service Market, the total market is estimated to be near ... Continue reading
Syntroleum and Marathon Commence Work on DOE Ultra-Clean Fuels Project
Syntroleum announced today that it is progressing plans with Marathon Oil Company to develop a gas-to-liquids (GTL) project under a U.S. Department of Energy program to produce ultra-clean fuels. These new products are expected to be a key part of meeting the demanding quality specifications that will be a feature of t ... Continue reading
Valeo Sylvania Develops HID Headlamp Module With Automatic Leveling
The distinctive blue-white light cast by the headlamps of several luxury vehicles on today's highways is the very visible signature of what promises to be a major evolution in vehicle lighting led by Valeo Lighting Systems and Valeo Sylvania. While these lights -- High Intensity Discharge (HID) systems -- are still rar ... Continue reading
CART: FedEx Championship Series expands it frontiers to Germany
September 11, 2001 DETROIT (September 11, 2001) - The most competitive racing series in the world takes an historic step this weekend when the FedEx Championship Series begins a two-week European trip with the German 500 at the EuroSpeedway in Lausitz, Germany (7:30 a.m. ET Saturday, live, ESPN). The German 500 will ma ... Continue reading
CART: Gidley and Junqueira anxious for inaugural event in Germany
September 11, 2001 Lausitz, Germany - Team Target heads overseas this weekend to compete in the inaugural German 500 at the new EuroSpeedway located in Lausitz, Germany. The CART FedEx Championship Series will make its debut on German soil on Saturday in the German 500. The two-mile tri-oval features wide racing lanes ... Continue reading
USAR: Format updated for Goodyear Crew Challenge
September 11, 2001 Fayetteville, GA (September, 11, 2001) – United Speed Alliance Racing President Gene Cox and Competition Tire President Larry Robinson have joined forces to host the first-ever Goodyear Pit Crew Challenge for the Hooters ProCup Series. The special event will be held on Friday September 14, 2001 ... Continue reading
USAR: Pletcher Plants His Name in the Record Books
September 11, 2001 Fayetteville, GA (September 10, 2001) – As the 2001 USAR Hooters ProCup regular season came to a close Saturday night at Chemung Speedrome one driver ended his season on a high note. A season of frustration ended happily for David Pletcher as he captured his first career win in the Series, outl ... Continue reading
USAR: In House Team Makes All The Difference For Tom Pistone
September 11, 2001 USAR Hooters Pro Cup driver Tom Pistone debuted his new team at the Chemung Speedrome. Pistone who has always owned his own team was back behind the wheel of his own car for the first time this year. The team brought a new car never tested and qualified tenth and finished eighth. This was the highest ... Continue reading
ASA: Winchester 400 Brings New Qualifying Format for Competitors
September 11, 2001 PENDLETON, Ind. (September 6, 2001) – The American Speed Association is returning to Winchester Speedway on September 14-16 for the 32nd Annual Winchester 400. With it, 34 of the country’s best short track stock car drivers will compete for 400 laps around the grueling, high-banked, half- ... Continue reading
TRACKS: Fernandez named assistant vice president of marketing at IMS
September 11, 2001 INDIANAPOLIS, Monday, Sept. 11, 2001 - Jeff Fernandez has been named assistant vice president of marketing partnerships for the Indianapolis Motor Speedway and Indy Racing League, said Tony George, president and chief executive officer. Fernandez, a native of Rockland, Mass., is responsible for sales ... Continue reading
ALMS: Stuck throttle ends Laguna Seca weekend for Lewis
September 11, 2001 SALINAS, Calif., Monday, September 11, 2001- Shane Lewis dove into the first turn at Mazda Raceway Laguna Seca for the first time of the weekend among 27 other cars that had had ample time to prepare for Sunday’s Monterey Sports Car Championships. The #45 ESP American Viperacing Dodge Viper GTS ... Continue reading
NASCAR WCUP: Evernham Motorsports spend a night under the lights at Richmond
September 11, 2001 RICHMOND, VA. (September 11, 2001)-- Bill Elliott, in the No. 9 Dodge Dealers Intrepid R/T, finished 17th, and Casey Atwood drove his No. 19 Dodge Dealers Intrepid R/T to a 27th place finish in Saturday's Winston Cup race at Richmond International Raceway. Elliott spent the evening picking his way th ... Continue reading
NASCAR WCUP: Elliott to make historic 650th start on Sunday at New Hampshire
September 11, 2001 LOUDON, N.H., (September 11, 2001) - Bill Elliott, the 1988 NASCAR Winston Cup Champion from Dawsonville, Ga., will make career start No. 650 on Sunday at New Hampshire International Speedway. Among active drivers, only Ricky Rudd (721), Dave Marcis (758) and Terry Labonte (699) have more starts. Ell ... Continue reading
USAC: Steele grabs Cedar Rapids sprint; Rain halts North Vernon
September 11, 2001 Dave Steele of Tampa, Fla. captured Sunday's nationally-televised (ESPN2) "Hat World Hawkeye Sprint Classic" at Hawkeye Downs in Cedar Rapids, Iowa, leading the final 11 laps of the 30-lap race in his Northside Propane/Lamers/Hoosier Tire Gaerte/Beast. Steele trailed Stoops Freightliner Sprint Car Se ... Continue reading
FORMULA 1: SAP United States Grand Prix to be broadcast live on ABC
September 11, 2001 INDIANAPOLIS, Monday, Sept. 11, 2001 - The SAP United States Grand Prix Formula One race will be broadcast live on the ABC Sports television network from the Indianapolis Motor Speedway on Sunday, Sept. 30, Speedway officials announced today. ABC will carry the SAP United States Grand Prix live at 2 ... Continue reading
USAC: Midgets share IRP bill with sprints Saturday
September 11, 2001 Dave Darland of Lincoln, Ind. continues his quest to become USAC's third "triple crown" champion this Saturday night as the WorldCom National Midget Car Series joins the Stoops Freightliner Sprint Car Series for a "doubleheader" as part of the track's United Way Volunteer Appreciation Night. Darland ... Continue reading
CART sets out new direction for developmental system
September 11, 2001 DETROIT (September 11, 2001) - Championship Auto Racing Teams, Inc., announced today that, in an effort to provide a more viable and effective system of racing development for open-wheel racing teams and drivers, it will consolidate its operational and marketing efforts behind a single, top-level dev ... Continue reading
USAC: Western sprints invade Carson City Saturday
September 11, 2001 The Carson Tahoe Champion Speedway in Carson City, Nev. plays host to the USAC Western Sprint Car Series this Saturday night and series point leaders Jeff Gardner and Tony Hunt are focused in their continuing battle for the series championship with just six races left on the 2001 schedule. Gardner, o ... Continue reading
NASCAR: Making Taco Bell 300 Field Isn’t An Easy Chore
September 11, 2001 MARTINSVILLE, VA (Sept. 11, 2001) – Which NASCAR race is the toughest to make? Is it the Daytona 500, the Brickyard 400 or the Southern 500? It’s not likely even in the Winston Cup division but in NASCAR’s Late Model Stock Car class. And the race is the $91,000 Taco Bell 300 on Sund ... Continue reading
NASCAR Trucks: Ruttman Working Hard to Get Back Into the Top Five
September 11, 2001 It has been four races since the Joe Ruttman Dana Racing Team have recorded a top five finish, and they would like nothing more than to break that streak at Texas. "We've had some trouble over the last few weeks, but still managed to get decent finishes," said Ruttman. "Unfortunately, decent won't ge ... Continue reading
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Vehicle manufacturers and alt fuels.
