Ford recalls Lincolns - GM recalls SUV's
Ford Recalls 43,459 Lincolns With Air Bag Troubles; GM Recalls 44,653 SUVs Due to Brake Problem DETROIT May 16, 2003; The AP reported that Ford Motor Co. will recall 43,459 Lincoln Continentals from model years 1999-2000 because air bags may deploy inadvertently, the National Highway Traffic Safety Administration said ... Continue reading
Donaldson Company Announces Quarterly Cash Dividend
MINNEAPOLIS--May 16, 2003--Donaldson Company, Inc. , announced today that the company's board of directors declared a regular cash dividend of 9 cents per share, payable June 13, 2003, to shareholders of record as of May 23, 2003. As of April 30, 2003, there were approximately 43,400,000 shares outstanding. The current ... Continue reading
GEICO Names Jess Reed CIO; Announces Officer Appointments
WASHINGTON, May 16 -- GEICO's board of directors announced yesterday the promotions of Jess Reed to group vice president and chief information officer, Joe Thomas to vice president, Jan Stewart to corporate secretary and assistant vice president, and Rich Guertin to assistant vice president, effective immediately Jess ... Continue reading
AFL Automotive Employee Honored for Outstanding Community Service
ALLEN PARK, Mich., May 16 -- Carol Doppke, a CAD Designer for AFL Automotive, received the Cheers Award presented by the United Way of Greater Detroit. The award was presented at a ceremony held April 29, 2003 at the Renaissance Center in Detroit, Michigan. The ceremony attended by 1,100 people included guest speakers ... Continue reading
BMW Team PTG Mosport Friday Note
BMW Team PTG Notes and Quotes SPEED GT World Challenge Round 2 Practice Mosport International Raceway Friday, May 16, 2003 Race Date: Sunday, May 18, 2003 Contact: Bill Cobb 215-295-3115 Practice - Friday, May 16, 2003 With rain falling on Mosport International Raceway and more of the same forecast for the rest of the ... Continue reading
CASCAR - Peterborough Speedway Press Conference
CASCAR Super Series For more information contact CASCAR at (519) 641-1214 For immediate release / May 16, 2003 CASCAR AND PETERBOROUGH SPEEDWAY ANNOUNCE PRESS CONFERENCE PETERBOROUGH, ON - CASCAR and Peterborough Speedway jointly announced this morning that they will conduct a press conference on Tuesday, May 20, 2003. ... Continue reading
CASCAR - Rain washes away Friday's schedule
CASCAR Super Series For more information contact CASCAR at (519) 641-1214 For immediate release / May 16, 2003 Rain causes cancellation of Friday night's MOPAR 300 'Twin 100s' at Delaware Speedway LONDON, ON - The start of the 2003 CASCAR Super Series season will have to wait one more day. Constant rain showers in the ... Continue reading
Intier Integration Adds Spark to Award-Winning Cadillac Interior
DETROIT, May 16 -- When officials at the Auto Interiors Show announced the Cadillac CTS as Interior of the Year in the car category, people at Intier Automotive Inc. had reason to smile. Intier is the supplier integrator for the CTS and played a vital role in the development and launch of the vehicle, General Motors' f ... Continue reading
NAMARS PR: EDEN, WILLIAMS WIN JB MILLER 100; NAMARS 500 POSTPONED
EDEN, WILLIAMS WIN JB MILLER 100 Indianapolis, IN 1999 NAMARS Rookie of the Year, Sondi Eden garnered her fourth MidgetCar career victory in stellar fashion from the front row Thursday night at the Indianapolis Speedrome. Eden led all fifty laps of the JB Miller Memorial 100 over pole sitter Mel Kenyon. Bobby Smith, Se ... Continue reading
S&P Address Auto Lease PBGC Lien Rsk; Rtgs Afm, OffWtch
NEW YORK--May 16, 2003--Standard & Poor's--The funded status of many pension plans has changed dramatically in recent years. The increased frequency of pension plan "distress terminations" by financially troubled companies in bankruptcy has demonstrated that the risk of plan termination is more than theoretical in natu ... Continue reading
Teleflex Appoints Clark Handy as Executive Vice President, Human Resources
PLYMOUTH MEETING, Pa.--May 16, 2003--Teleflex Incorporated today announced that Clark Handy has joined the company in the position of Executive Vice President of Human Resources. Mr. Handy will lead the development and implementation of human resource programs and policies across Teleflex businesses worldwide. "Telefle ... Continue reading
Auto Insurance Reform Passes NJ Legislature; Governor Expected to Sign Competition and Choice Act
TRENTON, N.J.--May 16, 2003--The New Jersey General Assembly yesterday approved legislation correcting years of politically influenced auto insurance regulations, which have eroded the availability of coverage for the state's drivers. The New Jersey Automobile Insurance Competition and Choice Act (S-63/A-2625) aims to ... Continue reading
E'town NHRA Friday notes from Schumacher Racing
DON SCHUMACHER RACING NHRA POWERade Drag Racing Series K&N Filters NHRA SuperNationals - Round 8 of 23 Old Bridge Township Raceway Park - Englishtown, N.J. Friday, May 16, 2003 Contact: Judy Stropus, 203-438-0501, cell 203-243-2438 SCELZI TO DRIVE MATCO TOOLS-BODIED DODGE STRATUS FUNNY CAR IN E'TOWN Gary Scelzi will tr ... Continue reading
Takagi-Barron Indy 500 Friday Practice
Contact: Laz Denes, 256-657-6190 ldenes@monunnracing.com www.monunnracing.com media information Takagi Wraps Up Practice for the Week at 228.6, Barron Goes 227.7 in Race Set-Up, Looks to Bump Day INDIANAPOLIS (Friday, May 16, 2003) - Tora Takagi wrapped up his week of practice for next weekend's 87th running of the Ind ... Continue reading
Lucas Oil Drag Racing Series, Friday from State Capitol Dragway
FOR IMMEDIATE RELEASE NHRA LUCAS OIL DRAG RACING SERIES - SOUTH CENTRAL DIVISION STATE CAPITOL DRAGWAY FRIDAY, MAY 16, 2003 SNOW AND SIMPSON ON TOP AT STATE CAPITOL DRAGWAY BATON ROUGE, La. - In the first rounds of qualifying at State Capitol Dragway, Gene Snow leads the Top Alcohol Dragster class after the first round ... Continue reading
THE AUTO PAGE By JOHN HEILIG SPECIFICATIONS MODEL: 2004 Jaguar XJR sedan ENGINE: 4.2-liter supercharged V8 HORSEPOWER/TORQUE: 390 hp @ 6,100 rpm/399 lb-ft @ 3,500 rpm TRANSMISSION: 6-speed automatic WHEELBASE: 119.4 in. LENGTH x WIDTH x HEIGHT: 200.4 x 61.3 x 57.0 in. STICKER PRICE: $74,995 (XJ - $59,995; Vanden Plas - ... Continue reading
Ward's Reports Estimated North American Vehicle Production - May 16, 2003
SOUTHFIELD, Mich., May 16 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 344,068 units, up from the 343,408 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now totals 6,482,285 v ... Continue reading
OOh Baby a Mini Convert is Coming
At this year's shareholder meeting on May 15th 2003, Dr. Panke, Director of the Board of BMW AG, announced that the MINI family will be expanded by a MINI Cabrio. This ends months of speculation about an open-top MINI variant. MINI is responding to many customers' urgent calls for a MINI Cabrio. "The MINI brand is an i ... Continue reading
Dassault Systemes and The New Detroit Science Center Form Out-of-This-World Partnership
Planetarium Re-Named Dassault Systemes Planetarium What: Dassault Systemes, the world leader in Product Lifecycle Management solutions, and The New Detroit Science Center will announced a new, global partnership that will further enhance the Science Center's ability to share the wonders of science and astronomy with ch ... Continue reading
Accessity Corp. Reports First Quarter Results
CORAL SPRINGS, Fla., May 16 -- Accessity Corp. reported today that it had a net loss from continuing operations of $493,000, or $.05 per basic and diluted share, for the quarter ended March 31, 2003. In the comparable quarter of 2002, the Company recorded a net loss from continuing operations of $519,000 (the 2002 figu ... Continue reading
ADVISORY/FedEx Express To Unveil Hybrid Delivery Vehicle
--FedEx , Chairman of the Senate Judiciary Committee Fred Krupp, President, Environmental Defense Others To Be Announced WHEN: Tuesday, May 20, 2003 11:45 a.m. (ET) Washington, D.C. press conference, vehicle demo and luncheon 2:00 p.m. (ET) Interactive teleconference with executives (for media unable to attend the live ... Continue reading
SL Industries, Inc. Announces Financial Results for Its First Quarter Ended March 31, 2003
MT. LAUREL, N.J.--May 16, 2003--SL Industries, Inc. (AMEX & PHLX:SLI) announced today that revenue for the first quarter ended March 31, 2003 was $26,218,000, compared to $27,533,000 for the first quarter last year. Net income from continuing operations was $186,000, or $0.03 per diluted share, compared to a net loss o ... Continue reading
Timken Receives Quality Excellence Award from Rockwell Automation
CANTON, Ohio, May 16 -- The Timken Company was recently honored by Rockwell Automation as a recipient of its 2002 Quality Excellence Award. The award, which was presented in March at Rockwell's Key Suppliers Conference in Greenville, South Carolina, recognizes suppliers who excel in four quality performance metrics. Th ... Continue reading
AAA Projects Memorial Day Travel Will Match 2002 Levels
Gas Prices $1.55 and Rising in Wisconsin MADISON, Wis., May 16 -- Despite continued economic sluggishness and lingering effects of the war in Iraq, Americans are projected to travel this Memorial Day holiday in numbers equal to last year, according to AAA. AAA estimates that 35 million Americans will travel 50 miles or ... Continue reading
2003 BorgWarner Louis Schwitzer Award Presented to Dallara Chassis
INDIANAPOLIS, May 16 -- The 37th BorgWarner Louis Schwitzer Award has been presented to Gian Paolo Dallara for the Dallara IR3 chassis. The annual award is selected by engineers and presented to engineers for innovative engineering excellence in the field of race car design. The Dallara IR3 chassis was designed largely ... Continue reading
DaimlerChrysler Features Future Fuels Research At 2003 Detroit Science Center Gala
University Projects Supported by the DaimlerChrysler Challenge Fund Offer Environmentally Friendly Sources of Hydrogen and Storage Solution * Hydrogen Produced from Algae and Sugar * Zero Emissions Fuel for Zero Emissions Vehicles * Biotechnology Also Provides Ultra Light and Strong Spider-Silk Fiber for High-Pressure ... Continue reading
Fitted as standard in five eight-cylinder models from autumn 2003 Fuel saving of up to 0.6 litres per 100 kilometres Even shorter acceleration times and quicker intermediate sprints Stuttgart, Germany, May 14, 2003 7G-TRONIC from Mercedes-Benz: The word´s first seven-speed automatic-transmission The world’s firs ... Continue reading
BMW WilliamsF1 Team-Austrian GP-1st Qualifying
Austrian Grand Prix - FIRST QUALIFYING 16th May 2003 Weather: Dry, 15°C Air, 23°C Track Spielberg (AUT). In today¹s First Qualifying session of what could well be the last Austrian Grand Prix weekend, Juan Pablo Montoyaset the sixth fastest time for the BMW WilliamsF1 Team. After an excursion off the track, Ralf Sch ... Continue reading
CASCAR - MOPAR 300 Weekend Preview
CASCAR Super Series For more information contact CASCAR at (519) 641-1214 For immediate release / May 14, 2003 CASCAR set to open 2003 Super Series season with MOPAR 300 at Delaware Speedway LONDON, ON - This weekend at Delaware Speedway, Don Thomson Jr. will commence his quest for a third consecutive CASCAR Super Seri ... Continue reading
TOKYO--May 14, 2003--ALPS Electric Co., Ltd. (Tokyo, Japan: Masataka Kataoka, President) has developed two new tuners for use in thin televisions such as LCD and plasma TVs. The TEQ Series is a compact analog tuner that is 50% smaller than ALPS' previous products. The TMQ Series is 60% smaller, and integrates in a sing ... Continue reading
AutoNation Authorizes Additional $500 Million for Stock Repurchases
FORT LAUDERDALE, Fla., May 14 -- AutoNation, Inc. , America's largest retailer of both new and used vehicles, today announced that its Board of Directors has authorized the repurchase of up to an additional $500 million of the Company's common stock. The Company said it will base future repurchase decisions on such fac ... Continue reading
14 May 2003 Dearborn, MI FOR IMMEDIATE RELEASE The Diablo Paintball Can-Am 125GP Series kicks off it's third year at the historic Shannonville Motorsport Park this weekend, May 16-18. Diablo Paintballs has returned as the series sponsor for 2003 which will see the six round series run with the Canadian Superbike Series ... Continue reading
Gas Prices Stabilize as Memorial Day Holiday Approaches
AURORA, Ill., May 14 -- Gas prices have remained relatively stable over the last month in Illinois and northern Indiana as we head towards the Memorial Day weekend, which traditional marks the beginning of the summer travel season. According to AAA Chicago's most recent fuel gauge report, the average price of regular u ... Continue reading
Media Advisory: Paramount Pictures Gears Up for Giant 'MINI' Premiere of 'The Italian Job'
Over 250 MINIs Ride the Red CARpet When the Big Sky Parking Lot Becomes a Drive-In Theater Tuesday, May 20, 2003 Paramount Pictures - Big Sky Lot 5555 Melrose Avenue, Hollywood, CA 7:00 P.M. - Arrivals 9:00 P.M. - Screening * Wall-To-Wall MINIs Line Up on the Historic Paramount Lot for the Studio's First Ever Drive-In ... Continue reading
Safety Announces First Quarter 2003 Results
BOSTON--May 14, 2003--Safety Insurance Group, Inc. today reported first quarter 2003 results. Net income available to common shareholders for the three months ended March 31, 2003 was $2.9 million, or $0.19 per diluted share, compared to $3.0 million, or $0.53 per diluted share, for the three months ended March 31, 200 ... Continue reading
SAP SI MaxValu(TM) Combines Best Practices to Bring High-Value, Rapid, and Low-Cost Implementations to Specialized Industries ATLANTA, May 14 -- SAP Systems Integration America, LLC (SAP SI America), today announced the availability of SAP SI MaxValu(TM), a best- practice-based prepackaged industry solution that suppor ... Continue reading
Drivers - Do the RIGHT Thing! June is Lane Courtesy Month
WAUNAKEE, Wis., May 16 -- With summer just around the corner and visions of vacations dominating Americans' thoughts, our highways will experience a dramatic increase in traffic. To enhance the travel experience for motorists, the National Motorists Association (NMA) has designated June as Lane Courtesy Month and is ki ... Continue reading
BMW Group Really Rings Them Dells
ROUND ROCK, Texas May 16, 2003; Dell today announced that it has signed a contract with the BMW Group to supply 13,000 Dell OptiPlex desktops and 4,000 Dell Latitude notebooks. The global deal worth $16.6 million will see the hardware installed in the leading car manufacturer's offices worldwide by the end of 2003. As ... Continue reading
Brilliance China Auto To Focus On Sedans and LPB's - Sells Stake In Truck Maker
SHANGHAI May 16, 2003; Dow Jones reports that Brilliance China Automotive Holdings Ltd. has sold its entire 60% stake in truck maker Hebei Zhongxing Automobile Co., an official at Zhongxing Auto said Friday. Hong Kong- and New York-listed Brilliance sold its stake to two companies. Ningbo Huaxiang Group, a private comp ... Continue reading
Subaru Parent Fuji Heavy's Profit Lowest in 6 Years
TOKYO, May 16, 2003; Chang-Ran Kim writing for Reuters reports that Fuji Heavy Industries, the maker of Subaru cars, reported a 24 percent drop in annual earnings on Friday, its lowest operating profit in six years, and forecast a further fall due to weak sales in the key U.S. market. Fuji Heavy's fortunes stand in sta ... Continue reading
HOUSTON--May 16, 2003--AAA, the nation's largest organization for motorists and other travelers, announced this week it has completed expansion of its Approved Auto Repair network to all 50 states, the District of Columbia, and the 10 Canadian provinces. Expansion of the service, including 270 shops throughout Texas, m ... Continue reading
Autoliv Buys Japanese Steering Wheel Company
STOCKHOLM May 16, 2003; Dow Jones reports that Autoliv Inc. announced the acquisition of the steering wheel assets of Hiroshima-based Nippon Steering Industries, a joint venture between Autoliv's Japanese unit and privately-held KIW. The Swedish automotive safety equipment supplier said it has also bought KIW's steerin ... Continue reading
EnTire is developing revolutionary self-inflating tire
Headline: EnTire is developing revolutionary self-inflating tire and offering investment opportunity. Press Release Body: Tires commonly leak slowly and "unnoticeably" during their usage. Almost half of the vehicles on the road today have at least one tire under inflated by more then 20%. Although 85 % of drivers are c ... Continue reading
AAA Texas: Gas Prices Keep Marching Lower
HOUSTON--May 16, 2003--Despite expectations of a bottoming out of Texas gasoline prices, gas continued its downward march for the eighth straight week, according to the Weekend Gas Watch, compiled by AAA Texas. Ample supplies of gas, caused by imports, are the primary reason for continuing lower pump prices. The Weeken ... Continue reading
LA Auto Club: California Gas Prices in Near Free Fall
LOS ANGELES--May 16, 2003--A downward trend in gasoline prices accelerated for the eighth straight week throughout the Southwest with falling wholesale prices getting most of the credit, according to the Weekend Gas Watch, compiled by the Automobile Club of Southern California. Currently, the average price of self-serv ... Continue reading
GM Design Celebrates 75 Years Of History With Eyes On Design
Event Brings Together Largest Ever Collection Of Concept Vehicles WARREN, Mich. -Three-quarters of a century ago, General Motors revolutionized the automotive industry. Recognizing the growing importance of a car's styling and emotional appeal among the nation's burgeoning consumer market for automobiles, GM establishe ... Continue reading
Ford to Invest $192 Million in Michigan Engine Plant
DETROIT May 15, 2003; Norihiko Shirouzu writing for the WSJ reported that Ford Motor Co. said yesterday it will invest $192 million in a plant in Romeo, Mich., to install a new so-called flexible-manufacturing system and start producing a new V-8 engine. "We are building a network of flexible powertrain plants that can ... Continue reading
Audi Saying Goodbye To Brazil?
SAO PAULO May 15, 2003; Dow Jones reports that auto manufacturer Audi AG could decide in the next two years to stop making cars at its Sao Jose dos Pinhais plant in Southern Brazil, local paper Gazeta Mercantil reported Thursday. The news is yet another sign that weak demand is forcing automakers to rethink their strat ... Continue reading
Take A Coupon Buy A Car - General Motors Has Employees Give Out Discounts
DETROIT May 15, 2003; Dow Jones reported that General Motors Corp. distributed around 200,000 discount coupons to all of its salaried and hourly employees in an attempt to boost lagging May sales, the company said Thursday. Employees are encouraged to pass the discount coupons over to friends, family members who normal ... Continue reading
Arctic Cat Reports Record Revenues for Fiscal 2003
THIEF RIVER FALLS, Minn.--May 15, 2003--Arctic Cat Inc. today reported record net sales of $577.1 million for the fiscal year ended March 31, 2003, versus $556.1 million last fiscal year. Net earnings grew 14 percent to $32.7 million, or $1.45 per diluted share, compared to net earnings of $28.6 million, or $1.20 per d ... Continue reading
Motor Trend and Automobile Magazine Team Up for First of Quarterly Supplements
Advertisers in Wheel & Tire Guide Include Pirelli, Tires.com, Tire Rack, Center Line NEW YORK, May 15 -- MOTOR TREND, the world's #1 automotive authority, and AUTOMOBILE MAGAZINE, America's leading automotive lifestyle magazine, today announced a new series of quarterly single-topic automotive supplements -- the first ... Continue reading
Annual NADA DATA Report: Auto Retail Industry Resilient in 2002
Relative Strength Expected to Continue in 2003, 2004 MCLEAN, Va., May 15 -- The nation's franchised new car and truck dealers overcame a weak economy and geopolitical uncertainty to sell 16.8 million vehicles in 2002 -- the fourth strongest sales year on record, according to NADA DATA, a comprehensive annual analysis c ... Continue reading
Chevy Indy 500 Essay Contest Winner
Contacts: Molly Carter mcarter@gmrworks.com GM Communications (630) 961-6431, Rick Voegelin rickvoegelin@compuserve.com GM Racing Communications (831) 761-2201 http://media.gm.com/gmracing CHEVROLET HOSTS LOCAL HERO AS AN HONORARY PIT CREW MEMBER AT INDY 500 FOR HER FIGHT AGAINST MULTIPLE SCLEROSIS AND FIREFIGHTING EFF ... Continue reading
Takagi-Giaffone-Barron Indy 500 Practice Thursday
Contact: Laz Denes, 256-657-6190 ldenes@monunnracing.com www.monunnracing.com media information Takagi Fastest Again, Giaffone Third Again, Barron Fastest Among Non-Qualified Drivers at Indy INDIANAPOLIS (Thursday, May 15, 2003) - Mo Nunn Racing's Tora Takagi was fastest in practice for the second day in a row, teammat ... Continue reading
Davin Wheel Company Introduces First Spinning Wheel Designed Exclusively for Hummer H2-Bling Bling
PROVIDENCE, R.I.--May 15, 2003--Davin Wheels, the originator of the first continuous motion wheel, has reached a new level in design and engineering with the introduction of the Revolution H2, the first spinning wheel designed exclusively for the Hummer(R) H2. To support the vehicle's massive size and weight, the Revol ... Continue reading
Land Rover Donates 2003 Discovery to Alaska Teens for Remote Rescue Work
Aniak's 'Dragon Slayers' Recognized by Oprah Winfrey ANCHORAGE, Alaska, May 15 -- Land Rover North America will present a 2003 Discovery vehicle today to a group of seven teenaged girls to help in their humanitarian efforts. The girls got the nickname, "The Dragon Slayers", as a result of their community rescue work in ... Continue reading
The Automotive Aftermarket Industry In Opposition To Federal Vehicle Scrappage Legislation
WASHINGTON, May 15 -- Representatives of the automotive aftermarket industry vow to fight federal funding of old vehicle scrappage ("car crusher") programs included in the U.S. Department of Transportation's "Safe and Flexible Transportation Efficiency Act of 2003" (SAFETEA) which was released yesterday. Title I, Secti ... Continue reading
DETROIT - Cadillac today announced pricing for its new 2004 Cadillac SRX medium luxury utility scheduled to hit dealerships early this fall. With V-6 models starting at $37,995 MSRP (excluding destination freight charge of $695), the SRX, when popularly equipped, is competitively priced with other medium luxury utiliti ... Continue reading
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.
Vehicle manufacturers and alt fuels.
