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Auteo Media Announces Record Revenues, Gross Profits and Financial Results
SEATTLE--March 12, 2002--AUTEO MEDIA, INC. (OTCBB:AUTM), a leading provider of communication and advertising solutions for the automotive industry reported sales for the year ending December 31, 2001. Year-over-Year Revenues Grow 71% to $1.53 million Year-over-Year Gross Profits Grow 71% to $1.39 million, representing ... Continue reading
Cooper Tire & Rubber Company Selects Infonet For Global Network Services
LONDON & EL SEGUNDO, Calif.--March 12, 2002-- Company Adopts Infonet's Application-Defined Networking Approach to Improve Global Network and Application Performance Infonet Services Corporation (FSE:IN), a leading provider of global communications for multinationals, today announced it has been selected by Cooper Tire ... Continue reading
PORTLAND, Ore.--March 12, 2002--ProSight Inc., the experts in portfolio management software, today announced Ford Motor Company as the first automotive customer to deploy its portfolio management software, ProSight(TM) Portfolios, at an enterprise level. Ford Motor Company began automating its existing portfolio manage ... Continue reading
LOS ANGELES--March 12, 2002-- Campaign Generates Thousands of Leads Pointing toward the future of advertising on mobile devices, Internet consulting and development firm Genex and mobile software developer AvantGo, Inc. today announced that the two companies have collaborated on a new sponsorship opportunity for Acura ... Continue reading
FOUNTAIN VALLEY, Calif.--March 12, 2002--Hyundai Motor America announced that FedEx Corporation through its operating subsidiaries will be the exclusive carrier for all of Hyundai's express document, small-package ground, and palletized express-freight shipments delivered to dealers within the United States. Hyundai wi ... Continue reading
Probex Announces Appointment of New Director
DALLAS--March 12, 2002--Probex Corp. (AMEX:PRB), an energy technology company, today announced the appointment of Ronald J. Tiso to its board of directors. Mr. Tiso is currently the managing director of Cambridge Strategies Group, LLC, (Cambridge) which has directly or in participation with other direct investors provi ... Continue reading
Question and Answer Press Release Regarding PalWeb's Annual Meeting of Shareholders
DALLAS--March 12, 2002--PalWeb Corporation (OTCBB:PAEB) announced today that it issued a question and answer press release to help inform its shareholders about certain issues in connection with its upcoming 2002 Annual Meeting of Shareholders. "Shortly after we filed PalWeb's Preliminary Information Statement on Sched ... Continue reading
3-13 Inside Racing Guest Lineup
Below you will find a release on this week's guest lineup for the new "Inside Racing" Radio Show. If you would like to be removed from this e-mail list, or are receiving duplicate copies of this release, please send a note with your complete, full name, along with ALL possible e-mail addresses you have and how many tim ... Continue reading
ABRA Auto Body & Glass Announces New Director of Integration
MINNEAPOLIS--March 12, 2002--ABRA Auto Body & Glass, a national damaged vehicle repair company, announced the promotion of Ed Litman to Director of Integration. Litman will coordinate the integration of acquired and newly developed collision repair centers into the ABRA system. When asked why he chose this new opportun ... Continue reading
SALT LAKE CITY--March 12, 2002--D. Dahle Mazda, a leading Mazda retailer in the Salt Lake City Metro area, has selected ARKONA's (OTC:ARKN) Dealer Management Solution to manage its dealer operations. By agreement, D. Dahle Mazda has endorsed ARKONA's solution as the industry-leading dealership management system deliver ... Continue reading
BMW 530i and Subaru Impreza WRX are Among Consumer Reports' New Top Picks for 2002
YONKERS, N.Y.--March 12, 2002-- CR rates Toyota Highlander as best midsized SUV Several Consumer Reports April issue stories and corresponding news releases are accessible to journalists via fax on demand. To request instructions, send an e-mail to opi@consumer.org or call 914-378-2430. Available stories: Top Picks, Be ... Continue reading
BMW Displays Winners at Sebring's 50th
NEWS FROM BMW OF NORTH AMERICA, LLC FOR IMMEDIATE RELEASE BMW to Display Two Sebring Winners at Raceway's 50th Anniversary Bash SEBRING, Fla. (March 12, 2002) -- BMW of North America, LLC, will participate in Sebring International Raceway's 50th Anniversary celebration this weekend by displaying two of its Sebring-winn ... Continue reading
IRVINE, Calif.--March 12, 2002--Consumer Portfolio Services Inc. today announced it has acquired MFN Financial Corp. (formerly OTCBB:MFNF.OB). The acquisition was pursuant to the terms of a previously described plan of merger, in which MFN Financial shareholders will receive $10 cash for each share of MFN Financial sto ... Continue reading
YONKERS, N.Y.--March 12, 2002-- HOW CONSUMERS REPORTS (CR) TESTS CARS: - CR maintains its IMPARTIALITY by buying all the cars it tests from dealers, just as consumers do, accepting no ads, and barring the commercial use of its reports. - CR automotive EXPERTS test all cars at our track and on public roads, for performa ... Continue reading
MAYFIELD VILLAGE, Ohio--March 12, 2002--The Progressive Corporation , the nation's fourth largest auto insurer, will hold its annual investor meeting on Tuesday, March 19, 2002, at 9:00 a.m. Eastern Time (8 a.m. Central Time). This call is being webcast by CCBN and can be accessed at Progressive's Web site at http://ww ... Continue reading
DIC Executed the Agreements to Sell Reichhold's Formulated Adhesives Business
RESEARCH TRIANGLE PARK, N.C.--March 12, 2002--Reichhold, Inc. in conjunction with parent company, Dainippon Ink & Chemicals, Inc. (DIC) has agreed to complete the sale of the adhesives business to Forbo Holding AG (headquartered in Switzerland). The intent to sell was originally announced on November 14, 2001. Both par ... Continue reading
Press Release Issued March 12, 2002 1:52:00 PM ET Federal-Mogul Completes Divestiture of its Signal-Stat Lighting Products Business 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/03-12-2002/0001685481& ;EDATE ---------------------- ... Continue reading
FOUNTAIN VALLEY, Calif.--March 12, 2002--Hyundai Motor America announced that FedEx Corporation through its operating subsidiaries will be the exclusive carrier for all of Hyundai's express document, small-package ground, and palletized express-freight shipments delivered to dealers within the United States. Hyundai wi ... Continue reading
NEW YORK--March 12, 2002-- Douglas A. Negrin, formerly of Pennzoil-Quaker State, to become new President and CEO Interdynamics, Inc., a Brooklyn, NY-based $64 million revenues manufacturer of specialty products for the automotive aftermarket, announced today that it received a significant investment by a group led by A ... Continue reading
Jimmie Johnson 3/19 Teleconference
> <<...OLE_Obj...>> > > JIMMIE JOHNSON TO DISCUSS 2002 SEASON, > OUTLOOK FOR FOOD CITY 500 > > > Jimmie Johnson, driver of the No. 48 Lowe's Home Improvement Warehouse > Chevrolet, comes to Bristol and next weekend's Food City 500 for the first > time as a NASCAR Winston Cup driver. Johnson kicked off his 2002 > Raybes ... Continue reading
Lake Tahoe Spring Spectacular Set for March 17-24
TAHOE CITY, Calif.--March 12, 2002--For a number of years, the Corporate Ski Challenge and Wayne Wong Lake Tahoe Classic held annually at Alpine Meadows Ski Resort, located in North Lake Tahoe, have attracted hundreds of visitors to the Lake Tahoe area. This year, the festivities are expected to draw larger crowds, due ... Continue reading
MEDIA ADVISORY - Formula Ford 2000 Zetec Championship
FOR IMMEDIATE RELEASE MEDIA ADVISORY Formula Ford 2000 Zetec Championship Rounds One & Two Sebring International Raceway Green Flags: Race - 1, Thursday, March 14, 2002, 4:30 p.m. (ET) Race - 2, Friday, March 15, 2002, 2:20 p.m. (ET) Circuit: 3.70-mile road course Records: Qualifying Lap: Pinto: 2:09.209 (103.080 mph), ... Continue reading
Multimedia Available: Cadillac & Fred Segal Beauty Join to Educate Hollywood's Top Couturiers
-- General Motors' Cadillac division, long an icon for American luxury, and Fred Segal Beauty, well-known for its collection of ultra-hip boutiques and high fashion, partnered to provide select Los Angeles fashion industry leaders an inside look on how fashion influences car design. General Motors' stock symbol - GM. Y ... Continue reading
-- Strong light-vehicle sales in the United States and the United Kingdom helped keep the global sales rate in February virtually unchanged from January, according to an automotive analysis by J.D. Power-LMC Automotive Services. The seasonally adjusted annualized rate (SAAR) of global light-vehicle sales during Februar ... Continue reading
National Safety Council News Release, March 11, 2002
FOR IMMEDIATE RELEASE March 11, 2002 CONTACT: Joe Larkin 630-775-2303 National Safety Council Launches Poison Prevention Campaign Itasca, Ill. -- During Poison Prevention Week, March 17-23, the National Safety Council (NSC) in cooperation with U.S. Environmental Protection Agency, is launching a web-based informational ... Continue reading
Press Release: 2001 BMW's Most Successful Year Ever
Good Afternoon, > Attached please find a press release highlighting BMW's successes in 2001. ... Continue reading
UnitedAuto Assumes Control of Sytner Group, plc
DETROIT--March 12, 2002--UnitedAuto Group, Inc. , a FORTUNE 500 automotive specialty retailer, announced today that it has assumed voting control of approximately 92 percent of Sytner Group, plc, a leading retailer of luxury vehicles in the UK. All conditions to its previously announced cash tender offer have been eith ... Continue reading
Valeo Announces a Plan to Create Subsidiaries for Its Clutches and Friction Materials Activities
PARIS--March 12, 2002--Valeo (Paris: FR; OTC:VLEEY) today announced a plan to set up two wholly-owned subsidiaries for its clutches and friction materials activities (Transmissions Branch). The plan has been submitted to the Central Works Council which will meet on March 20. These industrial activities are currently a ... Continue reading
Flexcar Announces Partnership with American Honda Motor Co
SEATTLE--March 12, 2002--Flexcar, America's oldest and largest car-sharing company has entered into a first-of-its kind partnership with American Honda Motor Co. As part of the agreement, American Honda has purchased an 18.4% equity stake in the company. Headquartered in Seattle, Flexcar's innovative program provides m ... Continue reading
YONKERS, N.Y.--March 12, 2002-- HOW CONSUMERS REPORTS (CR) TESTS CARS: -- CR maintains its IMPARTIALITY by buying all the cars it tests from dealers, just as consumers do, accepting no ads, and barring the commercial use of its reports. -- CR automotive EXPERTS test all cars at our track and on public roads, for perfor ... Continue reading
Westcorp Announces $1.8 Billion Securitization Transaction
IRVINE, Calif.--March 12, 2002--Westcorp , the financial services holding company whose principal subsidiaries are WFS Financial and Western Financial Bank, today announced the pricing of a $1.8 billion offering of automobile receivable asset-backed securities, its largest transaction to date. The offering was lead man ... Continue reading
Westcorp Announces Completion of Successful Rights Offering Transaction
IRVINE, Calif.--March 12, 2002--Westcorp , the financial services holding company whose principal subsidiaries are WFS Financial and Western Financial Bank, today announced the successful completion of its previously announced rights offering. Westcorp raised a total of $61 million in gross proceeds through the issuanc ... Continue reading
-- Consumer Reports(R) (CR) released its "Top Picks for 2002" in its Annual April Auto Issue, selecting the luxurious BMW 530i as its top-rated car overall, and the sporty new Subaru Impreza WRX as the top-rated fun-to-drive vehicle. The Toyota Highlander out-scored its near-and more costly-relative, the Lexus RX300, t ... Continue reading
WFS Financial Announces $1.8 Billion Securitization Transaction
IRVINE, Calif.--March 12, 2002--WFS Financial Inc today announced the pricing of a $1.8 billion offering of automobile receivable asset-backed securities, its largest transaction to date. The offering was lead managed by Banc of America Securities LLC and co-managed by Barclays Capital Inc., Credit Suisse First Boston, ... Continue reading
WFS Financial Announces Completion of Successful Rights Offering Transaction
IRVINE, Calif.--March 12, 2002--WFS Financial Inc today announced the successful completion of its previously announced rights offering. WFS Financial raised a total of $110 million in gross proceeds through the issuance of 6.1 million additional common shares at a price of $18.00 per share. All unexercised rights expi ... Continue reading
SAN JOSE, Calif.--March 12, 2002--Telcontar, the provider of a leading software platform for location-based services, today announced that Yahoo!, Inc., a leading global Internet communications, commerce and media company, used Telcontar's software platform to develop the location-based services for its new Yahoo!® Ma ... Continue reading
American Honda Invests in Flexcar
TORRANCE, Calif., March 12 -- American Honda Motor Co., Inc., has purchased an 18.4% equity stake in Mobility Inc., a privately held company operating car-sharing programs under the brand name ``Flexcar'' in several metropolitan areas, the companies announced today. Headquartered in Seattle, Flexcar's innovative progra ... Continue reading
Bombardier Secures Unprecedented Sponsorship With Indianapolis Motor Speedway, Indy Racing League
INDIANAPOLIS, March 12 -- Bombardier, the world's third- largest manufacturer of civil aircraft, has entered a multi-faceted sponsorship agreement with the Indianapolis Motor Speedway and Indy Racing League that includes naming rights to the Speedway's landmark Pagoda control tower, Speedway officials announced today. ... Continue reading
Comerica Names Elizabeth S. Acton as Chief Financial Officer
DETROIT, March 12 Comerica Incorporated today announced Elizabeth S. Acton will join the company April 15 as Executive Vice President and Chief Financial Officer. Acton also will join the company's Management Council. The announcement was made by Ralph W. Babb Jr., president and chief executive officer. Acton joins Com ... Continue reading
February Global Light-Vehicle Sales Unchanged from January
AGOURA HILLS, Calif.--March 12, 2002--Strong light-vehicle sales in the United States and the United Kingdom helped keep the global sales rate in February virtually unchanged from January, according to an automotive analysis by J.D. Power-LMC Automotive Services. The seasonally adjusted annualized rate (SAAR) of global ... Continue reading
Acton Resigns as Ford Treasurer
DEARBORN, Mich., March 12 -- Elizabeth S. Acton, vice president and Treasurer, announced today her resignation from Ford Motor Company . She will join Comerica Incorporated as executive vice president and chief financial officer. During the next several weeks, she will work with Malcolm Macdonald, who is named interim ... Continue reading
LoJack Corporation Reports Fourth Quarter and Fiscal Year 2002 Results
WESTWOOD, Mass., March 12 LoJack Corporation, reported that for the fiscal year ended December 31, 2001, a ten-month transition period resulting from the company's change from a fiscal year ending the last day of February to a calendar year, revenues were $84,379,000 versus $80,369,000 for the comparable ten months end ... Continue reading
Yazaki Names D. Conrad V P of I T And e-C
CANTON, Mich., March 12 -- Yazaki North America, Inc. (Yazaki), a leading supplier of vehicle power and data solutions to the automotive industry, announced today the promotion of David Conrad to Vice President of Information Technology and Global e-Business from Director of Global e-Business. George R. Perry, presiden ... Continue reading
USA TODAY Porsche Cayenne to Put Pep in SUV Market; Mercedes Unveils High-End Luxury Sedan, New E-Class (David Kiley) Sport-utility vehicles are in such demand that even Porsche, standard-bearer for performance sports coupes, has to have one. Porsche showed photos of its Cayenne SUV at the Geneva auto show, which runs ... Continue reading
AAA Selects Top 12 Cars of 2002
AP is reporting that the AAA has picked their top 12 cars of 2002.Their selection follows. The Mercedes-Benz S-Class was the highest-rated vehicle overall, with 173 of a possible 200 points, and the Ford Thunderbird was voted "cool car of the year" in the AAA Auto Guide Awards announced Monday. A panel of AAA experts t ... Continue reading
Colorful Dreamers Use Vanceva Color Studio
DETROIT, March 7 /PRNewswire-FirstCall/ -- Solutia Inc., the manufacturer of the Vanceva(TM) brand of advanced interlayer products for automotive glass, recently introduced a new Web-based tool that allows automotive designers to visualize Vanceva(TM) Color as part of their next concept or production design. The Vancev ... Continue reading
Quik-Kool Cooling System Components Launches Electronic Catalog
CADILLAC, Mich., March 12 -- Quik-Kool Cooling System Components has launched an electronic product catalog on its website, www.quik-kool.com . The catalog provides a complete line of viscous drives, FAIL SAFE(TM) On/Off fan clutches, fans, and repair kits for all makes of medium and heavy-duty trucks. The product info ... Continue reading
Morgan Expands US Dealer network
MALVERN, England, March 12 -- Morgan Motor Company, the legendary British sports car manufacturer, has increased its American dealer network to a total of six following a series of new appointments. Its aim is to bring the unique Morgan driving experience within easier reach for millions of Americans. Commenting, Matth ... Continue reading
Alfa Romeo, Audi, Opel and Peugeot, Top This Year's AutoWeek Awards
DETROIT, March 12 -- AutoWeek has announced its 2002 Editors' Choice Awards from the Geneva International Motor Show, which each year inaugurates the European auto show season. For more than a decade, the AutoWeek Editors' Choice Awards have recognized those vehicles the magazine's editorial staff selects as the Best i ... Continue reading
You Light Up My Life- Hella and Stanley Form Holding Company
PLYMOUTH, Mich., March 12 -- Major German and Japanese automotive suppliers, Hella KG Hueck & Co., Lippstadt, and Stanley Electric Co., Ltd., Tokyo, have established a holding company in Melbourne, Australia. Hella and Stanley each will have a 50 percent interest in the new company, Hella-Stanley Pty Ltd. Stanley Elect ... Continue reading
Are You Kidding Me?-Acura-Branded Golf Game for Handhelds
LOS ANGELES--March 12, 2002-- Pointing toward the future of advertising on mobile devices, Internet consulting and development firm Genex and mobile software developer AvantGo, Inc. today announced that the two companies have collaborated on a new sponsorship opportunity for Acura -- the first of its kind -- in the for ... Continue reading
It's Almost Passover it Must Be Time For The NY Auto Show
NEW YORK, March 12 -- In addition to more than 25 new vehicle introductions, dozen of concepts cars and nearly 1,000 new cars and trucks, the 2002 New York International Automobile Show has many other great attractions to delight the whole family. Here's a look at some of the other fun things going on at the Show this ... Continue reading
E-Tickets Make NY Auto Show Debut
NEW YORK, March 12 -- For the first time, visitors to the New York International Automobile Show will be able to purchase tickets to the Show from the comfort of their own homes by logging on to http://www.autoshowNY.com. ``This new initiative, made possible by the use of state-of-the-art ticketing software, is part of ... Continue reading
FRANKFURT, March 11 Reuters has reported that German luxury car maker BMW AG posted a record rise in profit in 2001 on Monday, broadly in line with market expectations, and said it anticipated further growth this year. The results put BMW way ahead of mass market car makers who suffered last year as recessions in Germa ... Continue reading
http://www.salon-auto.ch/en/index.html The 72nd International Car Show was officially opened on Thursday 7 March by Mr Kaspar Villiger, President of Switzerland, Mrs Micheline Calmy-Rey, President of the Council of States, and Maitre Jean-Marie Revaz, President of the organising committee. They performed the ceremony i ... Continue reading
Ford CautiouslyCheckingCreditClosely
March 11, 2002 Dearborn, Mich. Bloomberg News is reporting that Ford Motor Co.'s consumer-finance unit, Ford Motor Credit, is stepping up credit reviews of customers in an attempt to avoid defaults, Ford Credit Chief Operating Officer Greg Smith said. The credit arm of the world's second-largest automaker performs chec ... Continue reading
Recalls Recommended By AG Napolitano
REUTERS is reporting that Arizona's attorney general has asked Ford Motor Co. to recall hundreds of thousands of cars, including police cruisers used across the United States, alleging they tend to leak fuel and catch fire after high-speed, rear-end collisions. Attorney General Janet Napolitano urged Ford in a letter s ... Continue reading
Telematics Will Come To Japan In A Big Way
TOKYO, March 12 Reuters reported that Japan's largest automaker Toyota Motor Corp will join hands with five firms in developing advanced in-vehicle information services, Mitsubishi Corp , one of the participating companies said on Tuesday. New services to be commercialised by mid-2004 include electronic transaction and ... Continue reading
Direct Injection Gets Injection Of Funds
FOR RELEASE: March 11, 2002 Warren, Mich. - General Motors has provided the Engine Research Center (ERC) at the University of Wisconsin-Madison with a $500,000 grant to support the Center's research towards producing cleaner, more efficient gasoline and diesel engines. The one-year, $500,000 grant will be used to study ... Continue reading
FOR RELEASE: March 11, 2002 TROY, Mich. - OnStar, the nation's leading in-vehicle communication service is now available in three of Acura's top selling luxury automobiles, including, new for 2003, the Acura 3.2 TL luxury performance sedan and the Acura 3.2 CL luxury performance coupe. The Acura 3.5 RL has offered OnSt ... Continue reading
Broad Alliance to Develop and Market a Wide Range of GPS-Enabled Products
SAN JOSE, Calif. and OSAKA, Japan--March 11, 2002-- SiRF to Location-Enable a Range of New Wireless, Consumer Electronic, Automotive and Mobile Computing Products SiRF Technology, Inc. and Matsushita Electric Works (MEW) today forged a far-reaching alliance that will include location-enabling a broad range of new wirel ... Continue reading
URLIN PUMPED UP FOR 2002 RACE SEASON
FOR IMMEDIATE RELEASE URLIN PUMPED UP FOR 2002 RACE SEASON LONDON, ONT., CAN. (March 11, 2002) – Formula Ford 2000 Zetec Championship driver JW Urlin is excited to be heading into what he believes will be his most successful season since graduating from karts in 1998. The nineteen-year-old from London, Ont., Can. ... Continue reading
KITE RETURNS TO SITE OF GREATEST TRIUMPH
KITE RETURNS TO SITE OF GREATEST TRIUMPH -FOR IMMEDIATE RELEASE- PHOENIX, Monday, March 11, 2002 - 1997 Silver Crown Copper World Classic winner Jimmy Kite will be returning to the site of his greatest driving triumph this week at Phoenix International Raceway (PIR). Kite, 26, will rejoin the USAC Silver Crown division ... Continue reading
WRI Welcomes Major Reductions of BP's Carbon Emissions
WASHINGTON--March 11, 2002--The World Resources Institute welcomed BP's announcement today that it has reduced its greenhouse gas emissions by about ten million tonnes in the past five years and that in the future, it would peg its emissions at this new, lower level. "BP's plan is ambitious; they have proved that oil c ... Continue reading
Eaton Selected to Participate in Mercedes-Benz M-271 Engine Program
CLEVELAND--March 11, 2002--Diversified industrial manufacturer Eaton Corporation today said it has been selected by Mercedes-Benz to provide key engine components for the German automaker's new M-271 engine, unveiled this week at the Geneva Auto Show. Eaton will provide engine superchargers, intake and exhaust valves, ... Continue reading
FORMULA FORD 2000 ZETEC CHAMPIONSHIP ON TRACK
FOR IMMEDIATE RELEASE FORMULA FORD 2000 ZETEC CHAMPIONSHIP ON TRACK SEBRING, FLA. (March 11, 2002) — The 2002 Formula Ford 2000 Zetec Championship got under way today with pre-event testing for the season-opening doubleheader at Sebring International Raceway. Run under hot and sunny conditions, 20 cars, took part ... Continue reading
ITASCA, Ill.--March 11, 2002--Management of Midas, Inc., is not aware of any news or actions that have caused the increase in the company's share price in today's trading. ... Continue reading
Nicky Hayden Wins Daytona 200!
AMA / Chevy Trucks U.S. Superbike Championship: Chevy Trucks Superbike Final, Daytona Beach, FL, Sunday, March 10 Honda Racing's Nicky Hayden wins the 61st Daytona 200 by Arai. The Red Rider dominated the 57-lap Superbike final by leading much of the race uncontested aboard his factory-prepped RC51. This was Hayden's f ... Continue reading
Earl Scheib Painting A Rosy Picture.
SHERMAN OAKS, Calif.--March 11, 2002--Earl Scheib, Inc. (AMEX:ESH) reported its results for the third quarter and nine months of the fiscal year ending April 30, 2002. Historically, the third quarter has been the most difficult quarter of the Company's industry because of adverse winter weather and the holiday season. ... Continue reading
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