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August 2001

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Thursday, August 16, 2001

21st Century Holding Company Liquidates Technology Portfolio

21st Century Holding Company Liquidates Technology Portfolio

21st Century Holding Company Liquidates Technology Portfolio PLANTATION, Fla., Aug. 16 21st Century Holding Company , a vertically integrated financial service holding company, announced today that the Company has sold its equity portfolio. During the quarter ended June 30, 2001, the Company recorded a write-down of eq ... Continue reading

Clueless in Seattle? Avis Offers a Web-Based Rating Service to Help

Clueless in Seattle? Avis Offers a Web-Based Rating Service to Help

Clueless in Seattle? Avis Offers a Web-Based Rating Service to Help Rental Car Company to Provide 10Best Listings so Top Customers Can Make Smart Choices When Traveling GARDEN CITY, N.Y., Aug. 16 When traveling to unfamiliar cities, members of Avis' Preferred Select program for frequent travelers now need look no furth ... Continue reading

eBay Motors Launches a Destination for All Things Route 66

eBay Motors Launches a Destination for All Things Route 66

eBay Motors Launches a Destination for All Things Route 66 - Items From Memorabilia to Motors Are Up for Bid, Including Historic 1927 Gas Station in Oklahoma - - Plus 'Route 66 Vintage Vette Giveaway' Offers a Chance to Win A 1961 Corvette Convertible - SAN JOSE, Calif., Aug. 16 eBay Motors is celebrating the 75th anni ... Continue reading

McLaren Performance Technologies 3rd Quarter Conference Call Scheduled for Wednesday, August 22

McLaren Performance Technologies 3rd Quarter Conference Call Scheduled for Wednesday, August 22

McLaren Performance Technologies 3rd Quarter Conference Call Scheduled for Wednesday, August 22 MCLAREN PERFORMANCE TECHNOLOGIES LOGO McLaren Performance Technologies. (PRNewsFoto)[AG] LIVONIA, MI USA 03/21/2001 LIVONIA, Mich., Aug. 16 McLaren Performance Technologies will host a conference call for analysts and invest ... Continue reading

New PPG Powder Coatings Improve Mar, Scratch Resistance

New PPG Powder Coatings Improve Mar, Scratch Resistance

PITTSBURGH--Aug. 16, 2001--PPG Industries has announced a breakthrough powder coating technology that has the potential to greatly improve mar and scratch resistance in a broad range of industrial applications. Several formulations of ENVIROCRON XMR powder coatings from PPG have approached the mar performance usually a ... Continue reading

Opticore Opus Product Suite Available on HP Visualization Center sv6

Opticore Opus Product Suite Available on HP Visualization Center sv6

Opticore Opus Product Suite Available on HP Visualization Center sv6 GOTHENBURG, Sweden, Aug. 16 Opticore announces the availability of the Opticore Opus product suite on Hewlett-Packard Company's HP visualization center sv6. Opticore delivers the latest high-end graphics software solutions used for internal and extern ... Continue reading

State Auto Financial Announces Dividend Increase

State Auto Financial Announces Dividend Increase

COLUMBUS, Ohio--Aug. 16, 2001--The board of directors of State Auto Financial Corporation voted today to increase the quarterly cash dividend to $0.0325 per share, payable September 28, 2001, to shareholders of record at the close of business on September 11, 2001. The previous cash dividend was $0.03 per share. This m ... Continue reading

Detroit Female GM Auto Dealer to Be Featured on PBS 'Small Business School'

Detroit Female GM Auto Dealer to Be Featured on PBS 'Small Business School'

Detroit Female GM Auto Dealer to Be Featured on PBS 'Small Business School' DETROIT, Aug. 16 Pamela Rodgers, owner of Rodgers Chevrolet will be featured this fall on the PBS program "Small Business School". Rodgers, an African-American female auto dealer, has a successful Chevrolet dealership, in Woodhaven, MI. Rodgers ... Continue reading

Intier announces Board of Directors

Intier announces Board of Directors

Intier announces Board of Directors AURORA, ON, Aug. 16 - Intier Automotive Inc. announced today that Dr. Rudolf Streicher and Mr. Lawrence Worrell have been elected to serve as outside directors of the Company. Dr. Streicher is currently the Chairman of the Supervisory Board of Voest-Alpine Stahl AG and Boehler Uddeho ... Continue reading

National Survey: Washington Children at Risk

National Survey: Washington Children at Risk

National Survey: Washington Children at Risk Ford Motor Company, State Officials Jump-Start Booster Seat Use In Washington Through Classroom Education And Donating 6,000 Booster Seats to Needy Families SEATTLE, Aug. 16 Washington Lt. Governor Brad Owen today joined Ford Motor Company, national booster seat advocate Aut ... Continue reading

News from Kenworth: Kenworth Names Clarke as General Sales Manager

News from Kenworth: Kenworth Names Clarke as General Sales Manager

NEWS RELEASE FOR IMMEDIATE RELEASE CONTACT: Jeff Parietti, (425) 828-5196 jparietti@paccar.com Kenworth Names Clarke as General Sales Manager KIRKLAND, Wash., Aug. 16, 2001 - Kenworth Truck Company has named Dave Clarke to the position of Kenworth general sales manager. Clarke will be responsible for overseeing the dai ... Continue reading

Color-Shift Effects: A Growing Trend; JDS Uniphase Subsidiary Flex Products Adds Capacity to Meet Customer Demand for ChromaFlair & SecureShift Pigments

Color-Shift Effects: A Growing Trend; JDS Uniphase Subsidiary Flex Products Adds Capacity to Meet Customer Demand for ChromaFlair & SecureShift Pigments

SANTA ROSA, Calif.--Aug. 16, 2001--In response to increasing customer demand, Flex Products Inc., a JDS Uniphase company , today announced that it has more than tripled its color shifting pigment capacity, by installing two unique new multimillion- dollar coating machines at its Santa Rosa headquarters. This high-tech ... Continue reading

REMINDER/Jeep Consumer Products "Roll" Into the 2001 Outdoor Retailer Summer Market

REMINDER/Jeep Consumer Products "Roll" Into the 2001 Outdoor Retailer Summer Market

-- Lifestyle Line Includes Bicycles, Diaper Bags, Electronics, Eyewear, Footwear, Juvenile Products, Kid's Apparel, Luggage, Men's Apparel and Mountainboards Who/What: Jeep(R), the original off-road adventure vehicle, will showcase its line of lifestyle consumer products at the 2001 Outdoor Retailer Summer Market. Manu ... Continue reading

REMINDER/Jeep Consumer Products "Roll" Into the 2001 Outdoor Retailer Summer Market

REMINDER/Jeep Consumer Products "Roll" Into the 2001 Outdoor Retailer Summer Market

-- Lifestyle Line Includes Bicycles, Diaper Bags, Electronics, Eyewear, Footwear, Juvenile Products, Kid's Apparel, Luggage, Men's Apparel and Mountainboards Who/What: Jeep(R), the original off-road adventure vehicle, will showcase its line of lifestyle consumer products at the 2001 Outdoor Retailer Summer Market. Manu ... Continue reading

Federal-Mogul Press Release

Federal-Mogul Press Release

Press Release Issued August 16, 2001 9:14:00 AM ET Federal-Mogul Sells Non-Automotive Industrial and Magnetic Bearing 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/08-16-2001/0001556223& ;EDATE --------------------------- ... Continue reading

Philadelphia Consumers Test Drive All-New 2002 Jeep(R) Liberty And Popular PT Cruiser, August 16 - 19

Philadelphia Consumers Test Drive All-New 2002 Jeep(R) Liberty And Popular PT Cruiser, August 16 - 19

Philadelphia Consumers Test Drive All-New 2002 Jeep(R) Liberty And Popular PT Cruiser, August 16 - 19 All-new Jeep(R) Liberty drives excitement at Jeep 101 and Chrysler Proving Grounds event AUBURN HILLS, Mich., Aug. 16 The Chrysler Group will offer current and potential Jeep(R) and Chrysler owners a unique driving exp ... Continue reading

Sika Industry Announces Star Distributor Program for Auto Glass Distributors

Sika Industry Announces Star Distributor Program for Auto Glass Distributors

Sika Industry Announces Star Distributor Program for Auto Glass Distributors Program Increases Business, Reduces Risk and Liability MADISON HEIGHTS, Mich., Aug. 16 The Auto Glass Repair division of Sika Industry announces the Sika Star Distributor Program. The Sika Star Distributor program will help distributors increa ... Continue reading

Trelleborg Automotive Americas Implements Ventro's Collaborative Commerce Solution for B2B Procurement; Ventro to Provide Solution for Streamlining Complex RFQ Process

Trelleborg Automotive Americas Implements Ventro's Collaborative Commerce Solution for B2B Procurement; Ventro to Provide Solution for Streamlining Complex RFQ Process

MOUNTAIN VIEW, Calif.--Aug. 16, 2001--Ventro(TM) Corporation , a pioneer in business-to-business e-commerce, today announced that Trelleborg Automotive has completed the initial implementation of the Ventro collaborative commerce solution (formerly known as NexPrise ipTeam) as its primary B2B procurement system for the ... Continue reading

CTIA Responds to National Safety Council Study

CTIA Responds to National Safety Council Study

Tom Wheeler, President & CEO of the Cellular Telecommunications & Internet Association (CTIA) today responded to a new study released by the National Safety Council on driver distractions. "The wireless industry has long held that education is the key to addressing the issue of driver distraction," stated Wheeler. "Any ... Continue reading

Cell Phone Conversations Can Be a Significant Distraction for Motorists

Cell Phone Conversations Can Be a Significant Distraction for Motorists

Conversing on cell phones while driving can lead to significant decreases in driving performance, according to a new study reported in the August/September 2001 issue of the National Safety Council's Injury Insights. The study found that driver distractions due to cell phones can occur regardless of whether hand-held o ... Continue reading

Johnson Electric Acquires Seat Motor Business from ArvinMeritor

Johnson Electric Acquires Seat Motor Business from ArvinMeritor

Johnson Electric today announced that it has entered into an agreement to acquire certain select manufacturing assets of the automotive electric seat motor business of ArvinMeritor's Light Vehicle Systems division. Terms of the sale were US$11.7 million. ArvinMeritor currently manufactures seat motors at plants in Esso ... Continue reading

Autoliv Announces Additional Cost Reduction Actions

Autoliv Announces Additional Cost Reduction Actions

Autoliv Inc. announced it is moving its North American airbag cushion cut and sew operations from Ogden, Utah, to its existing plant in Queretaro, Mexico. This move comes as part of the company's previously announced cost efficiency program. "Autoliv is committed to achieving significant cost savings through better uti ... Continue reading

SinterCast Results January-June 2001

SinterCast Results January-June 2001

First high volume CGI production committed by Ford and PSA -- SinterCast CGI production to commence at Tupy of Brazil during first half of 2003 -- SinterCast's market position strengthened in Japan through collaboration with ABB Market Development Following years of technical collaboration between Ford Motor Company an ... Continue reading

NADAguides.com to Provide Vehicle Pricing Information to AAA

NADAguides.com to Provide Vehicle Pricing Information to AAA

NADAguides.com announced today it is teaming with AAA to offer members of North America's largest motoring organization used-vehicle pricing information online via http://www.aaa.com. With this announcement, NADAguides.com becomes one of AAA Automotive Services' Preferred Suppliers. "We're extremely pleased to be worki ... Continue reading

American Axle & Manufacturing Prices Follow-On Offering

American Axle & Manufacturing Prices Follow-On Offering

American Axle & Manufacturing Holdings, Inc. (AAM) announced that yesterday, after the markets closed, it priced a follow-on offering of 3,000,000 shares of common stock by AAM and 4,500,000 shares of common stock by Blackstone Capital Partners II Merchant Banking Fund L.P. at a price of $20.50 per share, before underw ... Continue reading

Texas Gas Prices Fluctuate; AAA Texas Monthly Fuel Gauge Report

Texas Gas Prices Fluctuate; AAA Texas Monthly Fuel Gauge Report

Some Texas cities have seen a decrease -- others an increase -- in monthly gas price averages. Overall, the statewide average price dropped a penny to $1.27 a gallon from a month ago. The current average is a decrease of more than 15 cents from last August's average of $1.44 a gallon. In Texas, the highest average pric ... Continue reading

Sika Announces Emergency Response Program for Auto Glass Replacement

Sika Announces Emergency Response Program for Auto Glass Replacement

The Auto Glass Replacement Group of Sika Industry has announced a new program designed to provide all Auto Glass Replacement (AGR) customers a means of immediately obtaining Sika AGR products in the event of a natural disaster. Sika Industry is the aftermarket leader in the windshield replacement industry, producing hi ... Continue reading

Nissan Technicians Will Determine Union Outcome

Nissan Technicians Will Determine Union Outcome

Representatives from Nissan North America will meet with the National Labor Relations Board (NLRB) within the next two weeks. Yesterday, the United Auto Workers filed a petition for a union election at Nissan with the NLRB. The following statement is provided as the company's response to all media inquiries: "Nissan an ... Continue reading

ITW Reports Flat Operating Revenues for Three Months Ended July 31, 2001

ITW Reports Flat Operating Revenues for Three Months Ended July 31, 2001

Illinois Tool Works Inc. today reported flat operating revenues for the three months ended July 31, 2001. Operating revenues consisted of 8 percent growth from acquisitions, offset by a 6 percent decline from base businesses and a 2 percent decrease due to the impact of currency translation. The revenue performance for ... Continue reading

Second Quarter Earnings Up Significantly at Pep Boys

Second Quarter Earnings Up Significantly at Pep Boys

The Pep Boys - Manny, Moe & Jack , the nation's leading full-service automotive aftermarket chain, announced a significant increase in earnings per share for the thirteen weeks ended August 4, 2001. The Company earned $.24 per share (basic and diluted) as compared to the $.07 per share (basic and diluted) reported last ... Continue reading

Federal-Mogul Sells Non-Automotive Industrial and Magnetic Bearing Business

Federal-Mogul Sells Non-Automotive Industrial and Magnetic Bearing Business

Federal-Mogul Corporation today announced it has sold its industrial rotating plant bearing and magnetic bearing business to Waukesha Bearings Corporation, a subsidiary of New York-based Dover Corporation. Terms of the transaction were not disclosed. The sale includes an engineering and sales office and four manufactur ... Continue reading

Palladium Acquires Controlling Interest in Haden International

Palladium Acquires Controlling Interest in Haden International

Palladium Equity Partners, LLC, a leading private equity firm, announced today that it has made a controlling investment of $40 million in Haden International Group, Inc., a privately-held company that is one of the world leaders in providing paint finishing systems. In addition, it was also announced that Haden has en ... Continue reading

Automotive Media Professionals Sought for New Regional Organization

Automotive Media Professionals Sought for New Regional Organization

Earlier this year, a group of communications professionals began efforts to form a regional automotive media group for the Southeastern United States. Members of the group's steering committee represented both the traditional and electronic press, as well as PR personnel from the OEM, motorsport and Tier 1 supplier com ... Continue reading

Budget Group Appoints VP, CTO and VP, Shared Services

Budget Group Appoints VP, CTO and VP, Shared Services

Budget Group, Inc., which owns Budget Rent a Car Corporation and Ryder TRS, Inc., announced the appointment of Tyler Best as Vice President, Chief Technology Officer and David Coonfield as Vice President, Shared Services. Best will oversee all information technology functions across Budget Group. He most recently serve ... Continue reading

Chrome Releases Next Generation of AutoBuilder

Chrome Releases Next Generation of AutoBuilder

Chrome Systems Corporation, provider of automotive data, configuration technology and commerce solutions, announced today the release of AutoBuilder(TM) 2.0, Chrome's enterprise development platform helping businesses to quickly develop automotive applications. This `next generation' of Chrome's set of application prog ... Continue reading

Consumers Clamor for Michelin(R) Cross Terrain SUV Tire

Consumers Clamor for Michelin(R) Cross Terrain SUV Tire

SUV Consumers at independent tire shops across the country are clamoring for the latest breakthrough from Michelin -- the Cross Terrain SUV tire. With heightened concern over tires, especially for SUVs, consumers have been choosing the Michelin Cross Terrain in ever-increasing numbers. Michelin has found a way to make ... Continue reading

Kenworth To Introduce Special Edition Truck at GATS

Kenworth To Introduce Special Edition Truck at GATS

Kenworth Truck Company announced today that it plans to introduce a Kenworth/Canepa special edition W900L at the upcoming Great American Trucking Show Sept. 7-9 in Dallas. "We're very excited about introducing this special owner operator truck at GATS," said Ed Caudill, Kenworth general manager and PACCAR vice presiden ... Continue reading

New Design Chief to Take the Wheel of London Design Entity, Aston Martin

New Design Chief to Take the Wheel of London Design Entity, Aston Martin

Ford Motor Company has named Henrik Fisker as creative director of the company's London Design Enterprise in the heart of Soho and at the same time he has been appointed by Aston Martin as its new design director. This will take effect from Sept. 1. "Henrik is a strong addition to our team -- and is among several new p ... Continue reading

PT Cruiser and Prowler Owners Unite to Kick Off Woodward Dream Cruise

PT Cruiser and Prowler Owners Unite to Kick Off Woodward Dream Cruise

It's going to be quite a sight Friday night when approximately 500 Chrysler PT Cruiser and Prowler owners kick off the Woodward Dream Cruise in style and parade their prized wheels down Detroit's famous cruising strip, Woodward Avenue. Chrysler PT Cruiser and Prowler owners, friends and families will depart from Daimle ... Continue reading

NASCAR WCUP: Hamilton anxious to go against the new Dodge rules at Michigan

NASCAR WCUP: Hamilton anxious to go against the new Dodge rules at Michigan

August 16, 2001 CHARLOTTE, N.C., (Aug. 16, 2001) – The NASCAR Winston Cup Series’ efforts to even out the field between manufacturers has not been determined since Dodge was given the difference in its front fenders two weeks ago. Bobby Hamilton and the Square D Racing Team are anxious to test their new add ... Continue reading

USAC: Hoffman Racing Team Set to Tie Stapp for Win Record

USAC: Hoffman Racing Team Set to Tie Stapp for Win Record

August 16, 2001 The famed Hoffman Auto Racing team of Milford, Ohio is closing in on a significant USAC milestone and could tie the all-time Stoops Freightliner Sprint Car victory record for car owners this Friday night at the Anderson (Ind.) Speedway. Current record holder Steve Stapp would like to put his record tota ... Continue reading

NASCAR BGN: Spencer feels confident driving a new car at Michigan

NASCAR BGN: Spencer feels confident driving a new car at Michigan

August 16, 2001 CHARLOTTE, N.C., (Aug 16, 2001) – Even though Jimmy Spencer and the #1 Yellow Racing Team are taking a brand new race car to the NAPAOnline.com 250 NASCAR Busch Grand National Series event at Michigan Speedway, they feel confident about Saturday’s 125-lap race. This week’s Yellow Racin ... Continue reading

CART: Brack, Castroneves in dogfight for championship headed to Road America

CART: Brack, Castroneves in dogfight for championship headed to Road America

August 16, 2001 DETROIT (August 16, 2001) - The dog days of summer have produced a dogfight for the FedEx Championship Series championship as the series heads to Wisconsin's Kettle Moraine this weekend for Round 14, the Motorola 220 at Road America (1 p.m. ET Sunday, live, ESPN). Series leader Kenny Brack of Team Rahal ... Continue reading

NASCAR WCUP: Elliott and Atwood to have new paint scheme at Michigan (photo)

NASCAR WCUP: Elliott and Atwood to have new paint scheme at Michigan (photo)

August 16, 2001 Text provided by Chris Hunt Editors Note: To view hundreds of hot racing photos and art, visit The Racing Photo Museum and the Visions of Speed Art Gallery. ... Continue reading

NASCAR WCUP: Ward Burton always looks forward to racing at Michigan

NASCAR WCUP: Ward Burton always looks forward to racing at Michigan

August 16, 2001 “This week we should definitely be able to tell what the two inches will do for the Dodge teams. This is the first race track we’re going back to, so we’ll be able to see how the change is going to change the handling of the race car. We think it is going to really help us especially a ... Continue reading

CART: Gidley and Junqueira ready for challenging four-mile circuit

CART: Gidley and Junqueira ready for challenging four-mile circuit

August 16, 2001 Elkhart Lake, Wis. - Team Target drivers Bruno Junqueira and Memo Gidley are gearing up this week for the Motorola 220 at Road America in Elkhart Lake, Wis. Road America is a favorite among many of the CART FedEx Series drivers, and that group includes Junqueira and Gidley. The blend of high-speed corne ... Continue reading

NASCAR WCUP: Jarrett wants to get 'back on track' at Michigan

NASCAR WCUP: Jarrett wants to get 'back on track' at Michigan

August 16, 2001 BROOKLYN, Mich., August 16, 2001 - Of all the places to try and rebound from a disappointing finish at Watkins Glen, Michigan Speedway would fall at the top of #88 UPS driver Dale Jarrett's wish list. Wish granted. Items to consider heading into Sunday's Pepsi 400 (NBC; 1:30 p.m. EDT): In 1991, Jarrett ... Continue reading

NASCAR Trucks: Preston Tutt to drive for Bobby Hamilton Racing at Chicago

NASCAR Trucks: Preston Tutt to drive for Bobby Hamilton Racing at Chicago

August 16, 2001 Tutt to Make First Start: Georgia Late Model driver, Preston Tutt, will be making his first NASCAR Craftsman Truck Series start on Saturday in the Craftsman 175 at Chicago Motor Speedway. Tutt will be at the wheel of the No. 4 Bobby Hamilton Racing Dodge Motorsports Dodge, as a teammate to Willy T. Ribb ... Continue reading

CART: Fittipaldi, Newman/Hass return to home away from home

CART: Fittipaldi, Newman/Hass return to home away from home

August 16, 2001 Race car drivers are generally pretty quick to point out the importance of feeling comfortable in a race. In that case, it is hard to imagine that anyone could feel much more comfortable in a racecar than Christian Fittipaldi (Kmart Toyota) when he is in a Newman/Haas car at Road America. In the past fo ... Continue reading

NASCAR Trucks: Ribbs looking to surpass money milestone at Chicago

NASCAR Trucks: Ribbs looking to surpass money milestone at Chicago

August 16, 2001 Racing With Tutt: For the second week in a row, Willy T. Ribbs will have a teammate Dodge Motorsports Diversity driver on the track with him. Last week, Dodge Motorsports gave Bill Lester a shot in the NASCAR Craftsman Truck Series. This week, Georgia short track driver, Preston Tutt, will get behind th ... Continue reading

CART: Michael Andretti has added pressure at Road America

CART: Michael Andretti has added pressure at Road America

August 16, 2001 Indianapolis, IN-This weekend there will be added pressure on Team Motorola since Motorola sponsors the race. "There will be a little more pressure this weekend but that's good," Andretti said. "Hopefully we can go to Road America and do a good job and m ake Motorola proud of Team Motorola racing." Team ... Continue reading

INDY RACING: Herbert posts 214 mph lap in Indy Racing debut at Kentucky test

INDY RACING: Herbert posts 214 mph lap in Indy Racing debut at Kentucky test

August 16, 2001 SPARTA, Ky. - Formula One veteran Johnny Herbert turned speeds faster than 214 mph during his first Indy Racing test today at Kentucky Speedway at Heritage Motorsports. Herbert tested for more than three hours on the 1.5-mile oval with first-year team Heritage, which fields the No. 35 Heritage Motorspor ... Continue reading

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