The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

August 2002

Select Another Month

Tuesday, August 13, 2002

Fast-Closing Leitzinger Sets Sights On Series Lead in Johnson Controls 100 at Road America

Fast-Closing Leitzinger Sets Sights On Series Lead in Johnson Controls 100 at Road America

FOR IMMEDIATE RELEASE CONTACT: T.E. McHale (727) 533-0503 FAST-CLOSING LEITZINGER SETS SIGHTS ON SERIES LEAD IN JOHNSON CONTROLS 100 AT ROAD AMERICA CLEARWATER, Fla. (August 13, 2002) - Boris Said has held the points lead in the Trans-Am Series for the BFGoodrich Tires Cup since mid-May, but rookie Butch Leitzinger is ... Continue reading

Formula Ford 2000 Zetec Championship Points

Formula Ford 2000 Zetec Championship Points

Point Standings Following Rounds Nine & Ten at Mid-Ohio Formula Ford 2000 Zetec Championship Points Pos. Driver, Car Pts. 1 Bryan Sellers, VDF 211 2 Jeffrey Jones (R), VDF 183 3 Sean McIntosh (R), VDF 173 4 JW Urlin, MF 167 5 Tonis Kasemets, VDF 144 6 Mark Wilkins (R), VDF 140 7 Lawson Aschenbach (R), VDF 137 8 Travis ... Continue reading

General Motors Awards Logistics Contract to NuTech Solutions, Inc.

General Motors Awards Logistics Contract to NuTech Solutions, Inc.

DETROIT & CHARLOTTE, N.C.--Aug. 13, 2002--NuTech Solutions, Inc., a provider of predictive analytics and profit optimization technology products to Global 1000 companies, announced today the signing of General Motors , as a customer for the company's Vehicle Distribution System (VDS). The announcement comes after succe ... Continue reading

Kraco Enterprises Selects Kenosia's DataAlchemy for Leadership in Aftermarket Automotive Supplies Category

Kraco Enterprises Selects Kenosia's DataAlchemy for Leadership in Aftermarket Automotive Supplies Category

DANBURY, Conn.--Aug. 13, 2002--(www.bristol.com)- The Kenosia product group of Bristol Technology announced today that Kraco Enterprises, one of the largest manufacturers in the automotive aftermarket, will implement Kenosia's DataAlchemy to achieve leadership in category management. Kraco is the leading supplier of af ... Continue reading

Pickups Plus Expands Into Texas

Pickups Plus Expands Into Texas

CINCINNATI--Aug. 13, 2002--Pickups Plus, Inc. (OTCBB:PUPS), a leading retailer and franchiser in the $30 billion truck and SUV aftermarket accessories industry, announced today the opening of its newest franchise store in Houston, Texas. The store, which is located at 1718 Fry Road, is over 8,000 sq ft. and is the larg ... Continue reading

Prolong International Corporation Announces Conference Call On August 15th

Prolong International Corporation Announces Conference Call On August 15th

IRVINE, Calif.--Aug. 13, 2002--Prolong International Corporation (AMEX:PRL), (http://www.prolong.com), a consumer products holding company and parent of Prolong Super Lubricants, Inc., manufacturer and marketer of patented consumer automotive, commercial/industrial and household products, announced today that its manag ... Continue reading

SeaView Brings High-Speed Power Line Carrier Technology to the Transportation Industry

SeaView Brings High-Speed Power Line Carrier Technology to the Transportation Industry

TIERRA VERDE, Fla.--Aug. 13, 2002--SeaView Video Technology, Inc. (OTCBB:SEVU) announces a new product line for the transportation industry. Leveraging existing patent-protected Power Line Carrier (PLC) technology, SeaView has built a new system that runs voice, video, audio and data communication over DC (Direct Curre ... Continue reading

StockPickReport.Com Announces Stock Evaluation Ratings: New Ratings on Disney, Texas Instruments, Ford Motor, Nortel Networks and Cablevision Systems

StockPickReport.Com Announces Stock Evaluation Ratings: New Ratings on Disney, Texas Instruments, Ford Motor, Nortel Networks and Cablevision Systems

SHREVEPORT, La.--Aug. 13, 2002-- StockPickReport.Com (IARD#119079 - http://www.stockpickreport.com/?src=pz ) makes these stock evaluations for the short term: Disney - Outperform Texas Instruments - Outperform Ford Motor Company - Outperform Nortel Networks - Outperform Cablevision Systems - Outperform WHAT THESE RATIN ... Continue reading

Viewlocity Cited as a Leader for Adaptive Logistics Management by Independent Research Firm

Viewlocity Cited as a Leader for Adaptive Logistics Management by Independent Research Firm

ATLANTA--Aug. 13, 2002--Viewlocity was among the select companies that Forrester invited to participate in its July 2002 Forrester Wave report, "Grading Apps for Inventory and Order Visibility." In this evaluation, Viewlocity was cited as a leader in overall Adaptive Logistics Management and ALM Apps for Global Shippin ... Continue reading

Carlisle Companies CEO, CFO Certify Financial Statements

Carlisle Companies CEO, CFO Certify Financial Statements

CHARLOTTE, N.C.--Aug. 12, 2002--Carlisle Companies Incorporated today reported that Richmond D. McKinnish, President and Chief Executive Officer, and Kirk F. Vincent, Vice President and Chief Financial Officer, have signed and filed sworn statements with the U.S. Securities and Exchange Commission (SEC) affirming the S ... Continue reading

Esarati Signs Sales and Manufacturing Deal in Far East

Esarati Signs Sales and Manufacturing Deal in Far East

SEATTLE--Aug. 13, 2002--Bellevue, Washington based Esarati Electric Technologies, Corp. (NASD.OTC:EETC) www.esaratiworldwide.com -- The makers of an affordable line of electric motorbikes powered by their leading-edge proprietary technology announces that it has come to terms with the Guangdong Kingtown Group Guangzhou ... Continue reading

Federal-Mogul Press Release

Federal-Mogul Press Release

Press Release Issued August 13, 2002 2:30:00 PM ET State Gives Federal-Mogul's Materials & Process Technology Ann Arbor Technical Center Safety and Health Award 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/08-13-2002/0001782519& ... Continue reading

Fitch Issues Presale Report on AmeriCredit Automobile Receivables Trust 2002-C

Fitch Issues Presale Report on AmeriCredit Automobile Receivables Trust 2002-C

NEW YORK--Aug. 13, 2002--Fitch Ratings issued a presale report today on AmeriCredit Automobile Receivables Trust 2002-C discussing the rating analysis behind Fitch Rating's expected ratings on the offered notes. The collateral securing the notes is a pool of automobile loan receivables secured by new and used automobil ... Continue reading

For Immediate Release!! 42nd Tony Bettenhausen Memorial 100 at 150th Illinois State Fair Saturday August 17th!!!!!!!!!!!!!!!!!!!

For Immediate Release!! 42nd Tony Bettenhausen Memorial 100 at 150th Illinois State Fair Saturday August 17th!!!!!!!!!!!!!!!!!!!

42nd Running TONY BETTENHAUSEN MEMORIAL 100 USAC Silver Crown Series National Championship Dirt Track Race Illinois State Fairgrounds Saturday August 17, 2002 Springfield, Illinois Mix of Former Winners, Young Guns and Wiley Veterans Makes for Interesting Mix in Bettenhausen Field Macon, Illinois-August 12, 2002 Tradit ... Continue reading

Fw: Kinder Release

Fw: Kinder Release

----- Original Message ----- From: <PR4Racers@aol.com> To: <usar@bellsouth.net> Sent: Tuesday, August 13, 2002 2:58 PM Subject: Kinder Release > Fountain Inn, SC August 13, 2002, USAR Pro Cup driver John Kinder (#08) will > be participating in the annual Race Fans Banquet in Greenville, SC, Tuesday, > August 27, 2002, ... Continue reading

=?iso-8859-1?Q?Law_To_Run_with_Racer's_Group_in_Mosport?=

=?iso-8859-1?Q?Law_To_Run_with_Racer's_Group_in_Mosport?=

Law To Run with Racer's Group in Mosport PHOENIX, Ariz. (August 13, 2002) - Darren Law will once again team up with Michael Schrom in the #67 Racer's Group Porsche GT3-RS. The duo will try for their first win in the 2002 American Le Mans Series season at the mail2web.com Grand Prix at Mosport this weekend. "I am happy ... Continue reading

Lisoni & Lisoni Announces Class Action Lawsuit Against Firestone for Defects in Its Steeltex Tire Series; Recall Demanded

Lisoni & Lisoni Announces Class Action Lawsuit Against Firestone for Defects in Its Steeltex Tire Series; Recall Demanded

PASADENA, Calif.--Aug. 13, 2002--Citing a lamination defect which represents a major safety hazard to millions of Americans driving on Firestone's Steeltex tire series, a national class action lawsuit was filed today in California Superior Court against Bridgestone/Firestone, Inc. and Bridgestone Corporation, Inc. File ... Continue reading

Ocean Bio-Chem Posts Increased Profit for Six-Months Ending June 30, 2002; Five-fold Earnings Per Share Increase

Ocean Bio-Chem Posts Increased Profit for Six-Months Ending June 30, 2002; Five-fold Earnings Per Share Increase

FORT LAUDERDALE, Fla.--Aug. 13, 2002--Ocean Bio-Chem, Inc. today reported net income for its 2nd Quarter or three-month period ending June 30, 2002 of $ .03 per share versus $.09 per share for the same period in 2001. For the six-month periods ended June 30, 2002 and comparable period ending June 30, 2001, the Company ... Continue reading

Rallyfest 2002

Rallyfest 2002

See attached News Release on Rallyfest 2002, to be held August 14, 2002, 6:00 PM to 9:00 PM at Luther's Bloomington Subaru, Bloomington, Minnesota. ... Continue reading

Starcraft Elects John Collins to Board of Directors

Starcraft Elects John Collins to Board of Directors

GOSHEN, Ind.--Aug. 13, 2002--Starcraft Corporation (OTCBB:STCR) today announced that at its regularly scheduled meeting on August 6, 2002, the Board of Directors appointed Mr. John M. Collins to the Board of Directors. Collins, 53, is the founder and former chairman of Leer, Inc., in Elkhart, Ind. Under his leadership, ... Continue reading

Toyota Deploys Gensym's Intelligent Systems Technology for Planning Their Assembly Operations

Toyota Deploys Gensym's Intelligent Systems Technology for Planning Their Assembly Operations

BURLINGTON, Mass.--Aug. 13, 2002-- Largest Japanese Auto Manufacturer Drives Production Floor Productivity With Gensym's G2 Software Gensym Corporation (OTC Bulletin Board: GNSM), a leading provider of software and services for expert operations management, today announced that Toyota Motor Corporation is deploying G2 ... Continue reading

URLIN SECOND AT MID-OHIO

URLIN SECOND AT MID-OHIO

FOR IMMEDIATE RELEASE URLIN SECOND AT MID-OHIO LONDON, ONT., CAN. (August 13, 2002)- JW Urlin scored a second-place finish Sunday, as the Formula Ford 2000 Zetec Championship held a pair of races over the weekend at the famous 3.634-km, thirteen-turn Mid-Ohio Sports Car Course near Lexington, Ohio. Urlin did not finish ... Continue reading

=?UTF-8?Q?GORDON=20LOOKS=20TO=20CAPITALIZE;=20=E2=80=98RUNNING=20?= =?UTF-8?Q?AT=20FINISH'=20STREAK=20AT=2053?=

=?UTF-8?Q?GORDON=20LOOKS=20TO=20CAPITALIZE;=20=E2=80=98RUNNING=20?= =?UTF-8?Q?AT=20FINISH'=20STREAK=20AT=2053?=

FOR IMMEDIATE RELEASE FURTHER INFO: Jon Edwards Performance PR Plus (704) 377-8727 Pprplus50@aol.com GORDON LOOKS TO CAPITALIZE; ‘RUNNING AT FINISH' STREAK AT 53 BROOKLYN, Mich. - The drive-for-five is still alive in Jeff Gordon's mind. He just needs to capitalize on some opportunities. Gordon, driver of the DuPon ... Continue reading

Viewlocity Cited as a Leader for Adaptive Logistics Management by Independent Research Firm

Viewlocity Cited as a Leader for Adaptive Logistics Management by Independent Research Firm

ATLANTA--Aug. 13, 2002--Viewlocity was among the select companies that Forrester invited to participate in its July 2002 Forrester Wave report, "Grading Apps for Inventory and Order Visibility." In this evaluation, Viewlocity was cited as a leader in overall Adaptive Logistics Management and ALM Apps for Global Shippin ... Continue reading

CTS Considering Further Profit Improvement Actions; Severance charge and asset write-down possible in third quarter; Cash impact in 2002 expected to be positive

CTS Considering Further Profit Improvement Actions; Severance charge and asset write-down possible in third quarter; Cash impact in 2002 expected to be positive

ELKHART, Ind.--Aug. 13, 2002--CTS Corporation today stated that while CTS does not normally comment on market activity in CTS stock, in view of recent trading activity CTS wanted to make public the fact that it has been evaluating further restructuring actions to improve profitability. CTS does not normally announce th ... Continue reading

For Immediate Release!!! 40th Allen Crowe Memorial 100 Closes 150th Illinois State Fair Sunday August 18th!!!!!!!!!!!

For Immediate Release!!! 40th Allen Crowe Memorial 100 Closes 150th Illinois State Fair Sunday August 18th!!!!!!!!!!!

40th Annual 100-Mile National Championship Stock Car Race Allen Crowe Memorial 100 Automobile Racing Club of America RE/MAX Stock Car Series Illinois State Fairgrounds Sunday, August 18, 2002 Springfield, Illinois It’s the Local Drivers vs. the ARCA RE/MAX Touring Stars as Sunday’s Allen Crowe Memorial Ends the Ill ... Continue reading

Retail Fixture L.L.C. joins Angelle and Star Racing's Chase for the Championship

Retail Fixture L.L.C. joins Angelle and Star Racing's Chase for the Championship

(Note: The following is attached in text format for your convenience.) Contact: Jon G. Knapp (704) 662-3121 J2Racing@aol.com RETAIL FIXTURE L.L.C. JOINS ANGELLE AND STAR RACING'S CHASE FOR THE 2002 CHAMPIONSHIP Americus, Ga., August 13, 2002 - The Star Racing team's pursuit of the 2002 NHRA POWERade championship receiv ... Continue reading

Jason Priestly Update

Jason Priestly Update

Aug 12, 2002 LEXINGTON, Ky. Steve Bailey writing for AP said that actor Jason Priestley faces weeks of healing and rehabilitation but is expected to fully recover from head and spinal injuries sustained in a high-speed crash during practice for an auto race. Less than 24 hours after his car slammed into the Kentucky Sp ... Continue reading

International Automated Systems License its New Breakthrough Turbine Technology to The Hydrogen Renewable Energy Enterprise, LLC

International Automated Systems License its New Breakthrough Turbine Technology to The Hydrogen Renewable Energy Enterprise, LLC

SALEM, Utah--Aug. 13, 2002--International Automated Systems Inc. (IAUS.OB) ("IAS") Tuesday announced that it has signed an agreement to license its patent-pending "bladeless" Propulsion Turbine for the State of Hawaii to The Hydrogen Renewable Energy Enterprise, LLC (THREE). THREE is a Hawaiian-based company that has b ... Continue reading

A Simple Adjustment Can Reduce Pain and Cost of Neck Injuries, But New Survey Shows Drivers Don't Understand the Importance of Head Restraint Positioning

A Simple Adjustment Can Reduce Pain and Cost of Neck Injuries, But New Survey Shows Drivers Don't Understand the Importance of Head Restraint Positioning

NEW YORK, Aug. 13 -- Each year there are nearly two million rear-impact vehicle crashes. Industry data show that more than 20 percent of drivers in rear-impact crashes report neck injuries. According to the Insurance Institute for Highway Safety (IIHS), neck injuries cost the auto insurance industry, and ultimately con ... Continue reading

...And The Winning Bid For The Signature Corvette Is...$76,312.00

...And The Winning Bid For The Signature Corvette Is...$76,312.00

FOR RELEASE: August 13, 2002 And The Winning Bid Is... Bidding was Fast and Furious in Auction of One-of-a-Kind Corvette Signature Car to Benefit the Make-A-Wish Foundation® Salt Lake City, Utah, GM Dealer Jerry Seiner Drives Home the Prize August 13, 2002 - The Chevrolet Corvette Signature Car - signed by more than 5 ... Continue reading

Bush predicts U.S. economy will rebound

Bush predicts U.S. economy will rebound

WACO, Texas, Aug 13 Reuters reported that President George W. Bush on Tuesday predicted a rebound in the ailing U.S. economy and urged Wall Street to clean up its act at an economic forum designed to show him engaged on a volatile issue looming large in November mid-term elections. Bush, criticized by Democrats for sta ... Continue reading

Law Runs Out of Luck at The Glen

Law Runs Out of Luck at The Glen

Law Runs Out of Luck at The Glen WATKIN'S GLEN, NY (August 9, 2002) - This wasn't Rolex Series driver Darren Law's weekend at Watkin's Glen International. With three wins under his belt on the 2.45-mile road course, Law was confident coming into Friday's event. During Thursday's qualifying session, Law turned the third ... Continue reading

Belo Interactive Launches a New Online Car Shopping Resource in Four Markets

Belo Interactive Launches a New Online Car Shopping Resource in Four Markets

SEATTLE & DALLAS--Aug. 13, 2002-- The Cobalt Group provides services for car shoppers to conveniently access thousands of vehicles through local news and information Web sites The Cobalt Group and Belo Interactive, the Internet subsidiary of Belo Corp. , announced today the launch of "AutoCenter," an online automobile ... Continue reading

Ford pays millions to former luxury car chief

Ford pays millions to former luxury car chief

DETROIT, Aug 13 Reuters is reporting that Ford Motor Co. will pay Wolfgang Reitzle, who quit as head of its luxury car division in April, 2 million euros for his agreement to serve as a consultant to company through April 2004. Terms of the severance agreement, under which Reitzle is sworn to strict secrecy about any t ... Continue reading

NHRA: Team Amato and Russell ready to start new streak

NHRA: Team Amato and Russell ready to start new streak

For more information, contact Rob Geiger at 281-913-3316. Team Amato and Russell ready to start new streak BRAINERD, Minn. (August 13) &#8211; Top Fuel driver Darrell Russell and the rest of Joe Amato&#8217;s Bilstein Engine Flush System racing team reveled in their good fortune over the course of the NHRA&#8217;s rece ... Continue reading

CSM Worldwide Expands Client Service to Japan and Korea

CSM Worldwide Expands Client Service to Japan and Korea

DETROIT, Aug. 13 -- CSM Worldwide announces the opening of a new office in Tokyo, Japan, to enhance their automotive forecasting service to clients in Japan and Korea. The new office is under the direction of Mr. Hiromu Kakishita, a recent addition to the CSM Worldwide management team. The new office, located in the Sh ... Continue reading

Autosport 2002 Show

Autosport 2002 Show

The Budweiser Autosport 2002 Show will broadcast live from McGilvery's Speedway beginning at 7:00 pm. Scheduled guests... Roger Bailey... Executive Director of the Indy Racing Infiniti Pro Series. We will get a state of the Series after the first 4 races. Bill Simpson... what is next for the man that has done more for ... Continue reading

New Ad Campaign Highlights Saturn's Growing Product Line

New Ad Campaign Highlights Saturn's Growing Product Line

FOR RELEASE: August 13, 2002 New Ad Campaign Highlights Saturn's Growing Product Line DETROIT - Saturn's new brand advertising puts a heightened focus on the division's exciting new lineup of products while remaining true to Saturn's values. The new campaign builds on Saturn's strength as an automotive brand known for ... Continue reading

Argentina approves buying cars with deposit bonds,- and you think we have problems.

Argentina approves buying cars with deposit bonds,- and you think we have problems.

BUENOS AIRES, Argentina, Aug 13 Reuters reported that Argentina authorized late on Monday purchases of cars and farm equipment with frozen bank deposits that have been swapped into long-term bonds, a move manufacturers hope will spark a jump in sales. The economy ministry said in a statement it would allow such purchas ... Continue reading

Saturn Drives For Growth With All-New Ion, Redesigned L-Series, VUE Sport Utility

Saturn Drives For Growth With All-New Ion, Redesigned L-Series, VUE Sport Utility

FOR RELEASE: August 13, 2002 Saturn Drives For Growth With All-New Ion, Redesigned L-Series, VUE Sport Utility DETROIT - The 2003 model year marks a critical turning point in Saturn's drive to broaden its product line and grow the brand. The highlight is the introduction of the all-new Saturn ION sedan and quad coupe. ... Continue reading

Chrysler Squeezes Tangerine PT Cruiser Turbo into Lineup

Chrysler Squeezes Tangerine PT Cruiser Turbo into Lineup

WINDSOR, ON, Aug. 13 Chrysler is serving up yet another slice of the segment-busting PT Cruiser. Drenched in Tangerine Pearl Coat paint, the new 2003 PT Dream Cruiser Series 2 will be available early next year as a limited production version of the Chrysler PT Cruiser. ADVERTISEMENT Similar to the Inca Gold Dream Cruis ... Continue reading

GrafTech Wins Supply Contract For Australian Magnesium Corporation's Stanwell Magnesium Project

GrafTech Wins Supply Contract For Australian Magnesium Corporation's Stanwell Magnesium Project

WILMINGTON, Del.--Aug. 13, 2002--GrafTech International Ltd. today announced that it has been awarded a contract to supply graphite products for Australian Magnesium Corporation's (AMC) Stanwell magnesium project. The contract, awarded by Leighton Contractors Pty Limited, the engineering, procurement and construction c ... Continue reading

Tower Automotive Announces Resumption of Share Repurchase Program

Tower Automotive Announces Resumption of Share Repurchase Program

GRAND RAPIDS, Mich.--Aug. 13, 2002--Tower Automotive, Inc. , today announced that it is to resume its stock repurchase program. On May 26, 2000, the company's board of directors authorized the repurchase of up to $100 million of the company's outstanding common stock. During the year ended December 2000, the company re ... Continue reading

FEATURE/If You Suspect Theft or Carjacking, Press 7; Telematics Provider Goes the Extra Mile for Customer Service

FEATURE/If You Suspect Theft or Carjacking, Press 7; Telematics Provider Goes the Extra Mile for Customer Service

FREMONT, Calif.--(BUSINESS WIRE FEATURES)--Aug. 13, 2002--Automated telephone systems can be frustrating enough under ordinary circumstances. But if your car gets stolen, the system that calls to notify you had better not add to the stress, since you bought it for reassurance and security. So is the thinking at San Fra ... Continue reading

Foamex International Announces Second Quarter 2002 Results

Foamex International Announces Second Quarter 2002 Results

LINWOOD, Pa.--Aug. 13, 2002--Foamex International Inc. , the leading manufacturer of flexible polyurethane and advanced polymer foam products in North America, today announced results for its second quarter and the six-month period ending June 30, 2002. Second Quarter 2002 Results Sales Net sales for the second quarter ... Continue reading

''New'' iMotors.com Breaks Into Top Ten Online Automotive Properties; Debut Marks First for Resurrected Automobile Buying Brand

''New'' iMotors.com Breaks Into Top Ten Online Automotive Properties; Debut Marks First for Resurrected Automobile Buying Brand

WALNUT CREEK, Calif.--Aug. 13, 2002--Fueled by a new focus on driving high quality traffic, iMotors.com made its debut in the Media Metrix list of top ten automotive properties in June of this year. The iMotors.com service, which provides the fastest, easiest way for consumers to buy a car online, drew more than 1.1 mi ... Continue reading

Danish July Private Car Sales - Up to 67,696 Units

Danish July Private Car Sales - Up to 67,696 Units

COPENHAGEN, Aug 13 Reuters is reporting that new private car sales in Denmark rose 24.8 percent year-on-year in July to 9,103 units, the Automobile Importers' Association said on Tuesday. So far this year, private car sales rose 14.3 percent to 67,696 units. New registrations of vans climbed 1.6 percent in July to 2,01 ... Continue reading

Vanderwyst / Exide - Montmagny Report

Vanderwyst / Exide - Montmagny Report

Vanderwyst Motorsports / EXIDE Racing For immediate release: August 12, 2002 Flat tire drops Vanderwyst to 15th at Autodrome Montmagny MONTMAGNY, QC - The common theme running through the rundown of Pete Vanderwyst's lower finishes, in 2002, has been the presence of flat tires. That trend continued on Sunday afternoon ... Continue reading

Speedway Motorsports Reports Increased Revenues for First Half of 2002

Speedway Motorsports Reports Increased Revenues for First Half of 2002

CONCORD, N.C., Aug. 13 Speedway Motorsports, Inc. today reported increased revenues for the first half of 2002 as compared to 2001.Speedway Motorsports (SMI) also announced that the operating results for the second quarter of 2002 decreased from the second quarter of last year. The decline in the quarter was caused pri ... Continue reading

India July Total Car Sales Up To 47,690, Motorcycle Sales Up to 276,949 (US July Car Sales 1.5 million)

India July Total Car Sales Up To 47,690, Motorcycle Sales Up to 276,949 (US July Car Sales 1.5 million)

NEW DELHI -Dow Jones reported that Indian auto manufacturers' sales of passenger cars, motorcycles, two-wheelers and trucks rose in July from a year earlier, according to data released by the Society of Indian Automobile Manufacturers Tuesday. Car sales rose 6.6% on-year to 47,690 from 44,728. Motorcycle sales were up ... Continue reading

Kwik-Fit price 'reflects present market value'

Kwik-Fit price 'reflects present market value'

Jeremy Grant writing for FT.com reported that Ford was adamant last month that it would not launch a "fire sale" on any of the businesses earmarked for the disposal of non-core assets expected to raise $1bn this year. This included Kwik-Fit, the European exhaust and maintenance company that the world's second-largest c ... Continue reading

Financial Times Take On Ford selling Kwik-Fit at a big loss

Financial Times Take On Ford selling Kwik-Fit at a big loss

"Ford was yesterday forced to sell Kwik-Fit for barely a third of what it paid for the European car repair chain three years ago. The US carmaker, which bought Kwik-Fit for £1bn in 1999, sold the business to CVC Capital Partners, the private equity house, for £330m. The deal brings Ford's foray into auto services to ... Continue reading

Korea Daewoo Motor Sales posts record H1 net

Korea Daewoo Motor Sales posts record H1 net

SEOUL, Aug 13 Samuel Len writing for Reuters reporterd that Daewoo Motor Sales Co, the marketing arm of South Korea's third largest automaker, said on Tuesday it posted record profit in its second quarter and first half, both figures up more than 270 percent on the year. Second quarter net profit rose 273.8 percent on ... Continue reading

China Car Sales Hit 103,300 In July, Record Monthly High

China Car Sales Hit 103,300 In July, Record Monthly High

SHANGHAI -Dow Jones reported that sales of passenger cars in China rose to a record 103, 300 in July, an increase of 61% on year, the State Development Planning Commission said Tuesday. In a statement the commission said 97,200 passenger cars were produced in July, up 73% on year. Meanwhile, 74,800 trucks were produced ... Continue reading

Fleetwood to pay preferred dividend in cash

Fleetwood to pay preferred dividend in cash

RIVERSIDE, Calif., Aug 13 Reuters reported that Fleetwood Enterprises Inc., which makes recreational vehicles and produces manufactured homes, on Tuesday said it will pay the dividend on its 9.5 percent convertible trust preferred securities in cash rather than common stock. Payment in stock, as previously planned, wou ... Continue reading

If You Suspect Theft or Carjacking, Press 7

If You Suspect Theft or Carjacking, Press 7

FREMONT, Calif.--(BUSINESS WIRE FEATURES)--Aug. 13, 2002--Automated telephone systems can be frustrating enough under ordinary circumstances. But if your car gets stolen, the system that calls to notify you had better not add to the stress, since you bought it for reassurance and security. So is the thinking at San Fra ... Continue reading

Auto Retailer Sonic Automotive Authorizes Additional Stock Repurchases of $25 Million

Auto Retailer Sonic Automotive Authorizes Additional Stock Repurchases of $25 Million

CHARLOTTE, N.C., Aug. 13 Sonic Automotive, Inc. today announced that its Board of Directors has authorized the Company to expend up to an additional $25,000,000 to repurchase outstanding shares of its Class A common stock or redeem securities convertible into Class A common stock. Purchases of Class A common stock for ... Continue reading

Intuicom Selected to Provide Communication Network for City of Fremont, Calif.; Intuicom's Wireless Network to Provide Real-Time Vehicle Tracking Solution

Intuicom Selected to Provide Communication Network for City of Fremont, Calif.; Intuicom's Wireless Network to Provide Real-Time Vehicle Tracking Solution

BOULDER, Colo.--Aug. 13, 2002--Intuicom, Inc.(TM), a leader in private wireless data networks optimized for data-critical applications, has been chosen to provide the communication hardware and software for an integrated wireless communications system for City of Fremont. The system will provide real-time communication ... Continue reading

Warrantech Signs 10-Year Lease in Bedford, Texas

Warrantech Signs 10-Year Lease in Bedford, Texas

EULESS, Texas--Aug. 13, 2002-- Company Centralizes Operations in New Headquarters Location Warrantech Corporation (OTCBB:WTEC), a leader and innovator in administering service contracts and extended warranties for automobiles, recreational vehicles and other consumer products, today announced the signing of a 10-year l ... Continue reading

Tower Automotive Announces Resumption of Share Repurchase Program

Tower Automotive Announces Resumption of Share Repurchase Program

GRAND RAPIDS, Mich.--Aug. 13, 2002--Tower Automotive, Inc. , today announced that it is to resume its stock repurchase program. On May 26, 2000, the company's board of directors authorized the repurchase of up to $100 million of the company's outstanding common stock. During the year ended December 2000, the company re ... Continue reading

Profile Systems and Heavy-Duty Aftermarket Service Provider HDeXchange Further Relationship

Profile Systems and Heavy-Duty Aftermarket Service Provider HDeXchange Further Relationship

WEST SPRINGFIELD, Mass.--Aug. 13, 2002-- HDX to refer Profile's ProSAIM Solution to Manufacturers for Automating Replenishment of Distributor Warehouses Profile Systems is pleased to introduce HDeXchange as an Authorized Referral Partner for Profile's ProSAIM(R) software. ProSAIM (for Supplier Assisted Inventory Manage ... Continue reading

Prolong Second Highest Quarterly Net Income in Company's History

Prolong Second Highest Quarterly Net Income in Company's History

IRVINE, Calif.--Aug. 13, 2002--Prolong International Corporation (AMEX:PRL) (http://www.prolong.com), a consumer products holding company and parent of Prolong Super Lubricants, Inc., manufacturer and marketer of patented consumer automotive, commercial/industrial and household products, announced today financial resul ... Continue reading

Ex-State Farm Agents Awarded $12.6M

Ex-State Farm Agents Awarded $12.6M

SAN FRANCISCO AP repored that a Mendocino County Superior Court jury awarded $12.6 million to two former State Farm Insurance agents blocked from selling competing policies to former customers after State Farm fired them in 1999. After concluding State Farm acted with malice toward former agents John W. Wier and Richar ... Continue reading

GM names N. American labor releations head

GM names N. American labor releations head

DETROIT, Aug 12 Reuters reported that General Motors Corp.said on Monday that it named John Buttermore, a 24-year manufacturing veteran, as vice president of labor relations for North America as the world's largest automaker prepares for a new contract with the United Auto Workers next year. Buttermore, since July 2000 ... Continue reading

Thinking of Buying? This Story Will Help - Best Deals

Thinking of Buying? This Story Will Help - Best Deals

Kristen Gerencher, CBS.MarketWatch.com submitted this helpful story Aug. 13, 2002 SAN FRANCISCO (CBS.MW) - If you're shopping for late-summer discounts on 2002 model cars, automakers are eager to please this year, whether on the sporty Saab 9-3 or the Jeep Grand Cherokee sport-utility vehicle. Zero-percent financing of ... Continue reading

August Issue

August Issue

Our August issue is out! Here's what's new: Burk's wondering again Funny Car Reunion photos and results Battery Tech and always the latest news from Agent 1320 Check it out at www.dragracingonline.com. **Drag Racing From A Different Perspective** **If you do not wish to be on this mailing list, please return this messa ... Continue reading

Petro Stopping Centers L.P. Announces Second Quarter Results and Conference Call

Petro Stopping Centers L.P. Announces Second Quarter Results and Conference Call

EL PASO, Texas--Aug. 12, 2002--Petro Stopping Centers L.P., one of the leading operators of full-service travel plazas in the U.S., today announced its operating results for the second quarter ended June 30, 2002. Net income for the second quarter 2002 was $2.7 million as compared to a net loss of $899,000 for the same ... Continue reading

DEDICATION OF FAMILY CENTER SALUTES UAW AND FORD VISION FOR STRONGER FAMILIES, BETTER COMMUNITIES

DEDICATION OF FAMILY CENTER SALUTES UAW AND FORD VISION FOR STRONGER FAMILIES, BETTER COMMUNITIES

LOUISVILLE, Ky., August 11, 2002 &#8211; The United Auto Workers Local 862 in partnership with the Ford Motor Company today proudly announced the grand opening of their new Family Service and Learning Center. The Family Service and Learning Center is part of a nationwide effort by UAW and Ford to meet the diverse needs ... Continue reading

Delphi Energy & Chassis Systems Names Anstey Director, New Markets

Delphi Energy & Chassis Systems Names Anstey Director, New Markets

TROY, Mich., Aug. 12 -- Delphi Corporation has named Brian M. Anstey, 51, director, new markets, Delphi Energy & Chassis Systems, effective immediately. He will report to F. Timothy Richards, Delphi E&C's executive director of business lines. In this position, Anstey will champion the development of the division's busi ... Continue reading

Carbon Monoxide (CO) Identified as Major, Year-Around Poison From Motor Vehicles: When a Teenage Couple Was Found Dead in a Vehicle!

Carbon Monoxide (CO) Identified as Major, Year-Around Poison From Motor Vehicles: When a Teenage Couple Was Found Dead in a Vehicle!

SAN DIEGO, Aug. 12 -- San Diego-based Quantum Group Inc. is the only manufacturer of low cost portable carbon monoxide detectors designed to prevent such deaths in motor vehicles. This product would have most likely saved the lives of the couple that died of CO on August 7, 2002 in the LA area. The COSTAR® Model P-1 m ... Continue reading

Catalytic Solutions, Inc. Appoints Kevin McDonnell Chief Financial Officer; New Senior Executive Brings More Than 20 Years of Financial Experience to Management Team

Catalytic Solutions, Inc. Appoints Kevin McDonnell Chief Financial Officer; New Senior Executive Brings More Than 20 Years of Financial Experience to Management Team

OXNARD, Calif.--Aug. 12, 2002--Catalytic Solutions, Inc. (CSI) announced today that Kevin McDonnell has joined the company as its new Chief Financial Officer and Senior Vice President. McDonnell brings over 20 years of financial experience to his new post. "Kevin has a strong background with both private and public com ... Continue reading

United Capital Corp. Reports Second Quarter and Six Month Results

United Capital Corp. Reports Second Quarter and Six Month Results

GREAT NECK, N.Y.--Aug. 12, 2002--United Capital Corp. (ASE:AFP) today reported results for the second quarter and six months ended June 30, 2002 (see Table attached). Net income was $3,529,000 or $.77 per basic share for the three months ended June 30, 2002, versus $2,008,000 or $.43 per basic share for the same period ... Continue reading

ADVISORY/Otto the Auto Helps County-Wide Effort to Teach Children About Dangers of Talking to Strangers

ADVISORY/Otto the Auto Helps County-Wide Effort to Teach Children About Dangers of Talking to Strangers

--Auto Club WHO: The Automobile Club of Southern California and the Santa Ana and Anaheim police departments join with the Discovery Science Center in a county-wide safety event teaching children lessons on avoiding strangers. WHAT: Otto the Auto, a robotic "talking car" will give safety presentations to Orange County ... Continue reading

Comau Pico Reports Market Share Increase for Core Businesses

Comau Pico Reports Market Share Increase for Core Businesses

SOUTHFIELD, Mich.--Aug. 12, 2002--During a Communications Forum for employees, Comau Pico Chief Operations Officer Don Hemberg reported that, despite the recent decline in the automotive industry, the company has gained significant market share in its body assembly, powertrain, and maintenance services. "The past two y ... Continue reading

Federal-Mogul Press Release

Federal-Mogul Press Release

Press Release Issued August 12, 2002 11:43:00 AM ET Federal-Mogul to Support Injured Drag Racers Through Donations For NHRA Collector Card Sets at Woodward Dream Cruise 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/08-12-2002/0001 ... Continue reading

***For Immediate Release - KEN GREGSON APPOINTED SERTAPAK USA SALES MANAGER***

***For Immediate Release - KEN GREGSON APPOINTED SERTAPAK USA SALES MANAGER***

Contact: Alison Clarke Marketing Communications Manager Sertapak, Inc. 888.999.0558 ext. 252 AlisonC@sertapak.com For Immediate Release KEN GREGSON APPOINTED SERTAPAK USA SALES MANAGER Woodstock, ON, Canada (August 8, 2002) - Sertapak Group is pleased to announce the appointment of Ken Gregson to the position of Sales ... Continue reading

Fw: CORRECTED AP Results from Lonesome Pine

Fw: CORRECTED AP Results from Lonesome Pine

----- Original Message ----- From: Timmy Hutson To: Tim Southers Sent: Monday, August 12, 2002 1:08 PM Subject: CORRECTED AP Results from Lonesome Pine Official Race Results USAR – Hooters ProCup Series Food City 250 Presented by Kinzer Drilling Co. August 10, 2002 Lonesome Pine International Raceway – Coeb ... Continue reading

Hampton, VA Motorsports Technology Alliance

Hampton, VA Motorsports Technology Alliance

FYI, here's a news release officially announcing the Hampton Motorsports Technology Alliance (HMTA) between the City of Hampton, NASA Langley Research Center, Old Dominion University's Langley Full Scale Tunnel and the Peninsula Alliance for Economic Development. This strategic partnership has been formed to promote Ha ... Continue reading

HMS Results from August 10th (I1)

HMS Results from August 10th (I1)

Contact: Mike Covert (843) 784-RACE For Immediate Release Xtreme Stock Car Championship & Kids Night at the Races at Hardeeville HARDEEVILLE, S.C. (August 10, 2002) - Celebrating "Kids Night", race fans saw the Xtreme Stock Car Championship 150 Lap Race where Tim Dasher of Bluffton, SC was able to hold off a hard charg ... Continue reading

MEDIA ALERT - SCCA ProRally - Ojibwe Forests

MEDIA ALERT - SCCA ProRally - Ojibwe Forests

The press release text included below is also available in a formatted Word97-Word2000 document. If you would prefer to receive our press releases in that format, or if you wish to opt out of these distributions, please send your request to: sccaprorally@aol.com. For immediate release 12 August, 2002 MEDIA ALERT SCCA P ... Continue reading

Montgomery Delivers Career Best Finish In Front of Hometown Crowd

Montgomery Delivers Career Best Finish In Front of Hometown Crowd

Montgomery Delivers Career Best Finish In Front of Hometown Crowd Nashville, Tenn. (August 9, 2002) - The fans that came to the Nashville Superspeedway to cheer on their local ARCA RE/MAX Series hero, Chase Montgomery, definitely got their money's worth on Friday night. The 18-year-old Mt. Juliet, TN, rookie put on a g ... Continue reading

New MIL-PRF Grease by Nye Lubricants Switch-Hits As Andok 260 Replacement

New MIL-PRF Grease by Nye Lubricants Switch-Hits As Andok 260 Replacement

FAIRHAVEN, Mass.--Aug. 12, 2002--Rheolube 374A, a new lithium soap, medium viscosity, synthetic hydrocarbon grease, not only meets the requirements of MIL-PRF 32014, it is a suitable replacement for Andok(R) 260, a long-life grease recently discontinued by ExxonMobil. Rheolube 374A was developed by Nye Lubricants, Inc. ... Continue reading

Third Coast Media Selected as Mitsubishi Dealer Web Site Partner; Third Coast Media to Provide WebMakerX Automotive Web Sites for Mitsubishi Dealers

Third Coast Media Selected as Mitsubishi Dealer Web Site Partner; Third Coast Media to Provide WebMakerX Automotive Web Sites for Mitsubishi Dealers

RICHARDSON, Texas--Aug. 12, 2002--Third Coast Media, a leading web-based software company in the automotive industry, today announced that it has been selected by Mitsubishi Motor Sales of America, Inc., MMSA, as an approved Mitsubishi Dealer Web Site Partner. Through this partnership, Third Coast Media will utilize it ... Continue reading

Universal Automotive Industries, Inc. Announces Record Second Quarter Results

Universal Automotive Industries, Inc. Announces Record Second Quarter Results

CHICAGO, Aug. 12 Universal Automotive Industries, Inc.today announced that sales for the second quarter of 2002 increased 2.1% to $20.4 million as compared to the second quarter of 2001 sales of $19.9 million. For the six months ended June 30, 2002, sales were $38.1 million, a 5.7% increase over the comparable 2001 per ... Continue reading

USAR Fact Sheet for Big Daddy's South Boston Speedway

USAR Fact Sheet for Big Daddy's South Boston Speedway

2002 USAR Hooters ProCup Series race Facts WHAT: Lucas Oil 250 USAR Hooters ProCup Series Race #23 of 32 (Southern Division Race #12) WHERE: Big Daddy's South Boston Speedway - South Boston, VA 4/10- mile, semi-banked asphalt oval WHEN: Saturday, August 17, 2002 DISTANCE: 250 Laps/100 Miles POSTED AWARDS: $108,500 STAR ... Continue reading

USAR Lonesome Pine Post Race

USAR Lonesome Pine Post Race

For Immediate Release: Timmy Hutson USAR Media Relations (770) 719-0204 usar@bellsouth.net www.usarprocup.com Lindley Brings Home The Groceries at the Food City 250. Coeburn, VA - Mardy Lindley, driver of the #01 Hooters Ford Taurus, scored his fourth career USAR Hooters ProCup Series win Saturday night at Lonesome Pin ... Continue reading

USFreightways Makes Announcements

USFreightways Makes Announcements

CHICAGO--Aug. 12, 2002--USFreightways Corporation announced it has filed an amended Form10-Q for the first quarter 2002. The amended Form 10-Q reclassifies a $12,760,000 pre-tax charge for relinquishing the Company's interest in USF Asia Group, Ltd. from a Non-operating expense to an Operating expense. This restated Fo ... Continue reading

WRQ Helps Boyer Truck Parts Integrate Legacy Assets With Web-based Customer Applications

WRQ Helps Boyer Truck Parts Integrate Legacy Assets With Web-based Customer Applications

SEATTLE--Aug. 12, 2002-- WRQ Verastream Will Unlock Data and Applications in Compaq OpenVMS System to Build Online Customer Self-Service Center WRQ, Inc. today announced that Boyer Truck Parts chose WRQ(R) Verastream(TM) to develop a Web-based order management system and customer self-service applications powered direc ... Continue reading

Blaney, Pemberton on NASCAR Teleconference

Blaney, Pemberton on NASCAR Teleconference

JASPER MOTORSPORTS **NOTE: #77 Jasper Engines & Transmissions driver Dave Blaney and Crew Chief Ryan Pemberton will be featured tomorrow morning (Tuesday, August 13) on the weekly NASCAR Media Teleconference. The following is a comprehensive statistical career overview on Blaney, as well as pre-race notes for the upcom ... Continue reading

Corrected South Boston Pre-Race Story

Corrected South Boston Pre-Race Story

For Immediate Release Tim Southers USAR Media Relations (770) 719-0204 usar@bellsouth.net ProCup Drivers Return to Visit South Boston Fayetteville, GA - The USAR Hooters ProCup Series Southern Division will return to Big Daddy's South Boston Speedway Saturday August 17th for the running of the Lucas Oil 250. This will ... Continue reading

Havoline Press Conference Canceled

Havoline Press Conference Canceled

MEDIA ALERT FOR INFORMATION CONTACT: Steve Post (704) 377-8727 pprplus28@aol.com The ChevronTexaco/Havoline Racing press conference scheduled for noon Tuesday, August 13, 2002, at the Speedway Club at Lowe's Motor Speedway has been canceled. Media members will be advised of further developments. ... Continue reading

Payless Car Rental Offers First Day Free for Week of September 9

Payless Car Rental Offers First Day Free for Week of September 9

ST. PETERSBURG, Fla.--Aug. 12, 2002--Payless Car Rental System, Inc. is offering the first day free when a car rental is secured at any U.S. airport Payless Car Rental location September 9 - 13, 2002. Walk-up travelers receive the "Catch The Spirit" first day free at participating Payless Car Rental airport counters. " ... Continue reading

Raytech Corporation Announces Second Quarter Results for 2002

Raytech Corporation Announces Second Quarter Results for 2002

SHELTON, Conn.--Aug. 12, 2002--Raytech Corporation today announced net income for the thirteen-week period ended June 30, 2002 amounting to $.8 million or $.02 per basic share as compared to a $2.4 million loss or $.06 loss per basic share for the same period in the prior year, excluding the one-day effect of the Compa ... Continue reading

Mitsubishi Motors to Enter Mexican Market in 2003

Mitsubishi Motors to Enter Mexican Market in 2003

MEXICO CITY, Aug. 12 -- Building on its extraordinary sales momentum, Mitsubishi Motors America, Inc. (MMA), announced today that it will begin marketing Mitsubishi-brand vehicles in Mexico in 2003 through its alliance with DaimlerChrysler. "Mexicans purchase more than 900,000 new vehicles every year, making this a cri ... Continue reading

Society of Manufacturing Engineers Awards Grants to Advance Educational Opportunities in Manufacturing, Engineering, Science and Technology

Society of Manufacturing Engineers Awards Grants to Advance Educational Opportunities in Manufacturing, Engineering, Science and Technology

DEARBORN, Mich., Aug. 12 -- The Society of Manufacturing Engineers (SME) Education Foundation today announced the 2002 grant recipients. Four colleges qualified to the receive the grants which will be used to expand and improve manufacturing, engineering, science and technology programs to better prepare today's emergi ... Continue reading

Alex Job Racing - Mosport advance

Alex Job Racing - Mosport advance

to the top Alex Job Racing returns to Mosport International Raceway ready to win. With five GT class wins in six American Le Mans Series races this season, and two wins at Mosport in the last three years, the top of the victory podium is within reach. The team staged a dramatic last-to-first GT win at Mosport in 1999 a ... Continue reading

Sascha Maassen - GT lap of Mosport

Sascha Maassen - GT lap of Mosport

Sascha Maassen drives the No. 23 McKenna Xybernaut Porsche for Alex Job Racing. The team competes in the GT class of the American Le Mans Series. Here is Maassen's description of Mosport International Raceway, site of the next ALMS race. ---------- Mosport is Mosport, it's different. ... Continue reading

Federal-Mogul to Support Injured Drag Racers Through Donations For NHRA Collector Card Sets at Woodward Dream Cruise

Federal-Mogul to Support Injured Drag Racers Through Donations For NHRA Collector Card Sets at Woodward Dream Cruise

SOUTHFIELD, Mich., Aug. 12 -- Federal-Mogul Corporation has teamed with the Drag Racing Association of Women (DRAW) to help provide financial support to drivers and families affected by drag racing accidents. The company has donated hundreds of award-winning Sealed Power® National Hot Rod Association 50th Anniversary ... Continue reading

Hales Corners Pts. As Of 8-10-2002

Hales Corners Pts. As Of 8-10-2002

UMP Late Model Name Car # Pts. 1 Sievert, Bret 5 7335 2 Scheffler, Russ 74 6515 3 Specht, Scott 99 6175 4 Carlson, Chris C-12 5080 5 Scheffler, Rick 15 4805 6 Dolhun, T.J. 01 4175 7 Sorce, Dan 14 4035 8 Watson, Jim 00 3540 9 Rezutek, Bill 8-R 3505 10 Scheffler, George 10 2835 11 Stroika, Ron 33 2520 12 Frost, Stewart 7 ... Continue reading

Search The Auto Channel

The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.

The Auto Channel Content by Topic

Vehicle manufacturers and alt fuels.