Production Resumes At One Honda US Plant,Halts At Another
COLUMBUS, Ohio The AP reports that production at one Honda of America Manufacturing Co. plant in Ohio resumed on Monday but was halted temporarily at a second plant as fallout from the labor dispute at West Coast ports continued. After being shut down Thursday and Friday, production at Honda's plant in East Liberty, wh ... Continue reading
DaimlerChrysler Canada headed for strike-union
TORONTO, Oct 14, 2002 Reuters reported that some 11,000 workers at DaimlerChrysler's Canadian operations are headed for a strike unless the automaker promises no jobs will be lost at one production plant and backs down on demands for concessions, the head of Canada's auto union said on Monday. With the clock ticking to ... Continue reading
Hyundai Breaks 2003 Model Year Advertising
FOUNTAIN VALLEY, Calif., Oct. 14, 2002 Hyundai Motor America is set to launch its new national brand campaign on October 17. A complementary campaign will break simultaneously to support the four regional Hyundai Dealer Associations. Created by The Richards Group, the "Win" campaign targets smart, down-to- earth consum ... Continue reading
VW In Talks With Russia's Severstal Unit UAZ On Joint Production
Monday , 10:27 am ET MOSCOW -October 14, 2002, Dow Jones reported that Russian automaker OAO Ulyanovsky Avtozavod , a majority-owned unit of OAO Severstal , said Monday that Germany's Volkswagen AG may choose its premises to produce its sport utility vehicle T-4, starting mid-2004. The statement comes as Ford Motor Co. ... Continue reading
2001 Mini Long Term Review - "A Year In Europe With My Mini"
The author, Gregory Harris is an American who lives in Modena, Italy and has had a full year to drive his MINI around Europe, finding its ins and outs. As a loyal TACH’er(one who loves cars and appreciates The Auto Channel), Gregory has graciously made his opinions and thoughts available for other TACH’ers, ... Continue reading
Tele Atlas Launches Most Powerful and Comprehensive Turn-by-Turn Map Database for North America
Highly Accurate Database First to Integrate Real-Time Traffic Data; Powers Next-Generation Navigation/Telematics, Location-based Services and Intelligent Transportation Systems CHICAGO--Oct. 14, 2002-- Tele Atlas North America, Inc. today launched a new turn-by-turn capable map database that combines significantly impr ... Continue reading
DETROIT, Oct. 14 Take a spin behind the wheel with TheCarConnection as we take our first test drives of two critical new products. Do the Mazda6 and Saturn Ion live up to their advanced billing? Check this week's issue to find out. Other reviews this week include the Dodge Ram Heavy Duty pickup and Volkswagen's first s ... Continue reading
Moller Skycars Signs Strategic Alliance Agreement with Electric Vehicle Pioneer ZAP
DAVIS, Calif., Oct. 14, 2002-- Moller International and advanced transportation developer ZAP (OTC Bulletin Board: ZAPZ - News) announced today that they have signed an agreement to jointly develop new transportation products. New products under consideration will use technology developed for the Moller M400 Skycar, an ... Continue reading
Hyundai Allowed to Produce Cars in China
Seoul, Korea October 14, 2002, writing for the Korean Times Kim Ki-tae reports that Hyundai Motor has received a green light from the Chinese government to build vehicles in China. The automaker announced yesterday that the Chinese authorities have endorsed its application to produce automobiles through its joint corpo ... Continue reading
DaimlerChrysler To Transfer Production of Econic
FRANKFURT -October 14, 2002, Dow Jones reported that DaimlerChrysler AG said Monday that production of Mercedes-Benz's Econic truck will be transferred from NAW Nutzfahrzeuge AG, in Arbon, eastern Switzerland to other parts of DaimlerChrysler. NAW Nutzfahrzeuge AG is 49% owned by DaimlerChrysler and 51% owned by Sachse ... Continue reading
DULLES, Va. Lisa Singhania writing for AP reports that barely two months on the job, America Online's new chief executive and chairman Jonathan Miller is already under intense pressure. His company, its future glittering when it acquired Time Warner in 2001, now is widely blamed for the plunge in the price of AOL Time ... Continue reading
MSN, AOL Unveil Latest Strategies
SEATTLE AP October 14, 2002; Helen Jung writing for AP reported that even Microsoft Corp. can play the role of David to someone else's Goliath. With 9 million subscribers to its MSN Internet service, Microsoft places a distant second to America Online and its 35 million subscribers worldwide. MSN is battling a company ... Continue reading
Ferrari sees 2002 as record year, revenue to grow by 10 percent
MARANELLO, Italy, October 14, 2002 Brian Lysaght writing for Bloomberg reports that Ferrari SpA, Italy's maker of high-performance sports cars, said 2002 revenue will rise by 10 percent to about 1.16 billion euros ($1.14 billon). "Another record year is in prospect for Ferrari," the company said in a faxed press releas ... Continue reading
Porsche's second-half profit almost doubles; shares soar
STUTTGART, Germany October 14, 2002, Bret Okeson writing fpr Bloomberg reported that Porsche AG's second-half profit rose a greater-than-expected 95 percent as the German sports-car maker benefited from demand for its 911 model and a lower tax rate. The shares rose as much as 17 percent. Net income rose to 372.6 millio ... Continue reading
GM exec says company is optimistic about 2003 sales
October 14, 2002 PHILADELPHIA -- The AP repoted that General Motors expects sales to be down this October compared to last year, but the country's largest automaker is optimistic that profits will grow next year, company executive John Devine said Friday. "We still expect to see a very healthy U.S. industry next year. ... Continue reading
Eaton Reports Third Quarter Operating Earnings of $1.26 Per Share
CLEVELAND--Oct. 14, 2002--Diversified industrial manufacturer Eaton Corporation today announced operating earnings per share of $1.26 for the third quarter of 2002, 91 percent above results one year earlier of $.66 per share. Sales in the quarter were $1.83 billion, 5 percent above last year. Net income before unusual ... Continue reading
Fiat Aid A No Go Without EU Approval
NAPLES, Italy, Oct 14, 2002 Reuters reported that EU Competition Commissioner Mario Monti said today he had told Italian Prime Minister Silvio Berlusconi that struggling carmaker Fiat could not receive state-aid without EU approval. But Monti added that the Commission would give fast-track consideration, within EU guid ... Continue reading
Indian Motorcycle Sales Growth May Slow, Trucks To Recover
BOMBAY, Oct 14 Suresh Seshadri writing for Reuters reported that India's top two motorcycle makers face a bumpy road as tougher competition slows the frenetic pace of growth in the world's second-largest market after China, analysts said on Monday. But truck makers, led by Tata Engineering and Locomotive Co Ltd (TELCO) ... Continue reading
Firestone Class Action Lawsuit Attorneys,Send Warning and Collect Evidence on Steeltex Tires
PASADENA, Calif.--Oct. 14, 2002--Attorneys who filed the national class action lawsuit against Bridgestone/Firestone, Inc. and Bridgestone Corporation for the alleged defects in the Firestone Steeltex tires series are in the process of issuing warnings to government entities nationally and internationally as well as co ... Continue reading
RACEf/x System Brings Real-Time Race Data to Telecasts
Asset Caption: LynuxWorks' LynxOS real-time software powers the Sportvision RaceF/X solution, seen here as shown during a live broadcast of a NASCAR race. The LynxOS' embedded operating system allows telemetry data from the race car to be delivered and processed in real-time, resulting in a constantly-updated display o ... Continue reading
Detroiters Among New Leadership Team of California Auto Show
DETROIT, Oct. 14, 2002 -- Two Detroiters, both of whom were prominently involved in the operation of the North American International Auto Show (NAIAS), are now affiliated with Anaheim's California International Auto Show (CIAS), the first of the annual, North American auto show season, which begins this week. John Sac ... Continue reading
Thai September New Vehicle Sales +62.5% On Year To 36,585
Monday October 14, 2002 BANGKOK -Dow Jones reported that Thailand's monthly new vehicle sales in September recorded its highest growth this year with a 62.5% jump on year to 36,585 units, according to data issued by Toyota Motor Thailand Co. Monday. Total new vehicle sales for the January-September period surged 37.9% ... Continue reading
Toyota develops efficient power generation system
October 13, 2002 NAGYOA — Toyota Motor Corp said Friday it has developed the world's most efficient dispersive power generation system by combining a fuel-cell battery and a micro gas turbine. For its power source, the hybrid cogeneration system uses the same natural gas that is employed in households. It produce ... Continue reading
Toyota, Hino to market clean-air diesel trucks in 2003
October 13, 2002 NAGOYA — Toyota Motor Corp and Hino Motors Ltd will market new trucks next year with a jointly developed diesel engine that clears tough clean-air requirements to be enforced in 2005, sources close to the automakers said Friday. The vehicle, based on the Toyota Dyna small truck, has a jointly dev ... Continue reading
Schumacher wins Japanese Grand Prix, Sato 5th
October 14, 2002 SUZUKA — World Champion Michael Schumacher powered his Ferrari to victory at the Japanese Grand Prix on Sunday while local favorite Takuma Sato produced a personal-best fifth in the Formula One season-ending race. Starting in pole position, Schumacher completed the 53-laps of the 5.821-kilometer ... Continue reading
"Creating Value in an Uncertain World"- Nissan Presentation At SAE Global Leadership Conference
Mr. Norio Matsumura October 11, 2002 Good morning. Today's theme of "Creating Value in an Uncertain World" couldn't be more appropriate. Two weeks ago, I never would have thought that Nissan would have several vessels filled with 350Zs and G35 coupes stuck at the port of Los Angeles unable to be unloaded. There is a ce ... Continue reading
After 3 Hour Rain Delay Rookie Wins UAW-GM 500 NASCAR Winston Cup Race- Complete Results
1. (5) Jamie McMurray, Dodge, 334, $215,717. 2. (18) Bobby Labonte, Pontiac, 334, $152,678. 3. ... Continue reading
South Korea's Hyundai Motor Gets Joint Venture Approval From China
SEOUL, South Korea October 13, 2002 Reuters reported that South Korea's largest car maker, Hyundai Motor Co., said Monday it received approval from China to set up a passenger car joint venture with Beijing Automotive Industry Holding. Hyundai Motor will invest a total of $1.1 billion in the venture Beijing Hyundai Aut ... Continue reading
Honda sues 3 China firms in trademark dispute
October 12, 2002 BEIJING — Honda Motor Co has filed a lawsuit with a Beijing court against three Chinese companies, accusing them of selling products that infringe its trademark rights, company officials said Friday. Honda is asking the court to order the companies to halt the output of such products, and is dema ... Continue reading
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