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August 2002

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Friday, August 16, 2002

Former UAW President Stephen Yokich Dies At 66 After Suffering Stroke

Former UAW President Stephen Yokich Dies At 66 After Suffering Stroke

DETROIT AP reported that Stephen P. Yokich, the former two-term president of the United Auto Workers known for never shying away from a fight to improve the lives of union members, died Friday. He was 66. A spokesman at St. John Hospital said Yokich died at 9:45 a.m. of a stroke he suffered Thursday. He had been treate ... Continue reading

Ford Extends Zero-Percent Financing Through Sept. 30

Ford Extends Zero-Percent Financing Through Sept. 30

DETROIT -- Jocelyn Parker writing for Dow Jones reported that the Ford Motor Co. on Friday said it will continue its zero-percent financing program through Sept. 30. It also boosted its "customer cash" rebate and special financing for some models. Spokeswoman Susan Krusel said financing rates for the Ford Mustang, four ... Continue reading

Hyundai Dealer Advertising Associations Pick The Richards Group

Hyundai Dealer Advertising Associations Pick The Richards Group

DALLAS and FOUNTAIN VALLEY, Calif., Aug. 16 -- The four Hyundai Motor America Dealer Advertising Associations (HDAA) announced today they have hired The Richards Group as their advertising agency of record. Awarded the Hyundai Motor America brand work earlier this year, the agency now assumes creative assignments for e ... Continue reading

Eaton Announces Renewed Commitment to Woodward Dream Cruise

Eaton Announces Renewed Commitment to Woodward Dream Cruise

SOUTHFIELD, Mich., Aug. 16 Diversified industrial manufacturer Eaton Corporation announced today its plans to renew its contract as the presenting sponsor of the Woodward Dream Cruise through 2005. Eaton has been the major sponsor of this event, billed as the largest one-day automotive event in the world, since 1999. A ... Continue reading

Ford Puts Sales Incentives on 2003 Models

Ford Puts Sales Incentives on 2003 Models

DETROIT Reuters reported that Ford Motor Co., which is struggling to boost its flagging U.S. sales, said on Friday it is offering cash rebates on most of its 2003 model Ford brand cars and trucks. The world's second-largest automaker also said it was boosting incentives on some of its 2002 models, by increasing rebates ... Continue reading

Subaru-Isuzu To Lay Off 215 Workers At Indiana Plant

Subaru-Isuzu To Lay Off 215 Workers At Indiana Plant

LAFAYETTE, Ind. AP reported that Subaru-Isuzu Automotive Inc. plans to lay off 215 workers, or 4.8% of its work force, due to slumping sales of Isuzu sport-utility vehicles. Company officials announced Thursday that they would idle the truck assembly line at the Lafayette plant for two months, curtailing production of ... Continue reading

CTA Acoustics Makes $10 Million Investment in Kentucky

CTA Acoustics Makes $10 Million Investment in Kentucky

CORBIN, Ky., Aug. 16 -- CTA Acoustics, a leading supplier of thermal and acoustical insulation products to the industrial and automotive markets today announced the investment of more than $10 million in its 300,000 sq. ft. Corbin, Ky., manufacturing facility. The investment includes a multi- year upgrade of manufactur ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

SOUTHFIELD, Mich., Aug. 16 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 348,646 units, up from the 334,292 cars and trucks built last week, according to Ward's Automotive Reports.Including this week's estimates, calendar year North American output now totals 10,553,984 ... Continue reading

Toyota Announces Prices for 2003 Land Cruiser, MR2 Spyder and Celica

Toyota Announces Prices for 2003 Land Cruiser, MR2 Spyder and Celica

TORRANCE, Calif., Aug. 16 -- Toyota Motor Sales, U.S.A., Inc., announced manufacturer's suggested retail prices (MSRP) today for the Land Cruiser full-size sport utility vehicle (SUV), MR2 Spyder roadster and Celica sport coupe, which arrive at dealer showrooms today. All three vehicles receive minor changes for the 20 ... Continue reading

Delphi Comments On The Passing of Stephen P. Yokich, Former President of the United Auto Workers

Delphi Comments On The Passing of Stephen P. Yokich, Former President of the United Auto Workers

TROY, Mich., Aug. 16 -- The following statement is attributed to J.T. Battenberg III (Chairman, CEO and President of Delphi Corporation) regarding the passing of Stephen P. Yokich, former president of the United Auto Workers: "Steve was a true advocate for UAW members and working people everywhere. He worked tirelessly ... Continue reading

UAW Mourns the Loss of Former President Stephen P. Yokich

UAW Mourns the Loss of Former President Stephen P. Yokich

DETROIT, Aug. 16 -- UAW President Ron Gettelfinger issued the following statement on the death of former UAW President Stephen P. Yokich, who died today, August 16, at St. John's Hospital in Detroit, after suffering a stroke on Thursday, August 15. ... Continue reading

Start Order & News - Ojibwe Forests - SCCA ProRally

Start Order & News - Ojibwe Forests - SCCA ProRally

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 15 August 2002 Start Order & Late ... Continue reading

CTS Confirms Additional Profit Improvement Actions; Restructuring Charges Planned in Third Quarter; Annual Pretax Savings of $11 Million Expected

CTS Confirms Additional Profit Improvement Actions; Restructuring Charges Planned in Third Quarter; Annual Pretax Savings of $11 Million Expected

ELKHART, Ind.--Aug. 16, 2002--CTS Corporation today confirmed that it is proceeding with the cost reduction and restructuring plan first announced August 13, 2002. Total restructuring charges associated with these actions are expected to be in the range of $15-$17 million pretax, all of which are planned to be taken in ... Continue reading

2002 Hungarian Grand Prix Free Practice - Honda

2002 Hungarian Grand Prix Free Practice - Honda

Honda F1 Press Information 16 August 2002 TWO HONDA-POWERED CARS IN TOP SIX Fisichella and Sato finish fifth and sixth in Hungarian Free Practice ------------------------------------------------ Giancarlo Fisichella (DHL Jordan Honda) finished fifth to head the Honda-powered drivers in today’s free practice sessi ... Continue reading

Fitch Ratings Comments On Isuzu Restructuring & GM

Fitch Ratings Comments On Isuzu Restructuring & GM

CHICAGO--Aug. 16, 2002--(This is an amended version of an earlier press release which includes corrected information in paragraph 6). Fitch Ratings today released its comments on the recent restructuring announcement by General Motors Corp. (GM) minority-owned (49%) Isuzu Motors Ltd. (Isuzu). In total, Fitch sees these ... Continue reading

Alex Job Racing - Mosport practice

Alex Job Racing - Mosport practice

Mosport International Raceway practice, Aug. 16, 2002 wet practice Alex Job Racing set the fastest GT times during opening-day practice for the American Le Mans Series race at Mosport International Raceway, in a session shortened by heavy thunderstorms. Lucas Luhr was fastest with a time of one minute, 21.540 seconds i ... Continue reading

AAA Texas: Weekend Gas Watch; Pump Prices Slip Slightly

AAA Texas: Weekend Gas Watch; Pump Prices Slip Slightly

HOUSTON--Aug. 16, 2002--The statewide average price for regular self-serve dropped by a penny to $1.32 a gallon compared to $1.33 a week ago, according to the Weekend Gas Watch, compiled by AAA Texas. The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips. San Antonio an ... Continue reading

BMW WilliamsF1 Team-Hungarian GP-Practice

BMW WilliamsF1 Team-Hungarian GP-Practice

Hungarian Grand Prix - FREE PRACTICE 16th August 2002 Weather: cloudy, 25°C Air, 29° Track The BMW WilliamsF1 Team¹s first Free Practice session ran according to plan in preparation for the Hungarian Grand Prix in Budapest. Ralf Schumacher was 3rd while Juan Pablo Montoya only managed 16th after exiting into a grave ... Continue reading

Lisoni & Lisoni Issues Statement Regarding Firestone Steeltex Class Action Lawsuit

Lisoni & Lisoni Issues Statement Regarding Firestone Steeltex Class Action Lawsuit

PASADENA, Calif.--Aug. 16, 2002--On Tuesday, August 13, a news conference was held in Pasadena, California to announce a nationwide class action lawsuit filed against Bridgestone/Firestone, Inc. and Bridgestone Corporation, Inc. relating to alleged tread defects in their Steeltex R4S, R4SII, and A/T Light Truck tires. ... Continue reading

Dodge NASCAR Winston Cup Notes and Quotes from Brooklyn Michigan

Dodge NASCAR Winston Cup Notes and Quotes from Brooklyn Michigan

Friday, Aug. 16, 2002 Ray Cooper Michigan International Speedway Golin/Harris International Dodge notes and quotes. 803-466-9085 Pepsi 400 Advance. PAGE 1. Dodge Motorsports announced promotions within its organization on Thursday. ... Continue reading

Cadillac "V-Series"To Compete In High Performance Luxury Segment

Cadillac "V-Series"To Compete In High Performance Luxury Segment

FOR RELEASE: August 16, 2002 PEBBLE BEACH, CA- Surrounded by some of the finest vintage luxury and performance automobiles of all time, Cadillac today announced it will enter the high-performance luxury arena with its new "V-Series" line of products. Cadillac executives also unveiled the design of the V-Series logo, wh ... Continue reading

Cadillac XLR Debuts

Cadillac XLR Debuts

FOR RELEASE: August 16, 2002 PEBBLE BEACH, CA- This fall, 99 holiday shoppers can be the first to purchase the anxiously awaited 2004 Cadillac XLR, when the new luxury roadster debuts in the internationally renowned 2002 Neiman Marcus Christmas Book. The retailer's annual holiday catalog mails to millions of customers ... Continue reading

2003 Cobra Shootout at NMRA World Finals

2003 Cobra Shootout at NMRA World Finals

NMRA Ford Nationals Show Series Official Newsletter http://www.nmraracing.com For Immediate Release: 2003 SVT Cobra Shootout Scheduled for NMRA World Finals With Ford Motor Company’s release of the 2003 SVT Cobra, there is a new era in Mustang history ushered in by the breathtaking performance of this 390 horsepo ... Continue reading

Textron Recalls Aircraft Engines - Oops - You Can't Pull Over To The Side of The Road.

Textron Recalls Aircraft Engines - Oops - You Can't Pull Over To The Side of The Road.

PROVIDENCE, R.I.--Aug. 16, 2002--Textron Inc. today said its Lycoming unit, which manufactures piston engines for general aviation aircraft, has recalled approximately 900 engines to replace potentially faulty crankshafts. These parts were provided by a third party supplier. Textron estimates that the cost to recall an ... Continue reading

Finishmaster Announces Acquisition of Southern Automotives, Inc.

Finishmaster Announces Acquisition of Southern Automotives, Inc.

INDIANAPOLIS--Aug. 16, 2002--FinishMaster, Inc. has acquired, effective today, Southern Automotives, Inc. in Greenville, South Carolina. Southern has three facilities located in Greenville, Spartanburg and Anderson, South Carolina. "We're excited about our increased opportunities in these markets," stated J.A. Lacy, Pr ... Continue reading

#10 Kanaan CART Road America Friday Provisional Qualifying

#10 Kanaan CART Road America Friday Provisional Qualifying

ELKHART LAKE, Wis. (Friday, Aug. 16, 2002) -- Tony Kanaan and the #10 Pioneer-WorldCom/Mo Nunn Racing Honda-Lola endured a rather frustrating opening day of practice and qualifying today for Sunday's Grand Prix of Road America. Kanaan started the day on the right foot, moving straight to the top of the speed charts in ... Continue reading

LA Auto Club: Gasoline Prices Take Slight Dip Throughout Region

LA Auto Club: Gasoline Prices Take Slight Dip Throughout Region

LOS ANGELES--Aug. 16, 2002--The summer trend of slight changes up and down in the average price of gasoline continued last week as pump prices dipped marginally lower throughout the southwest, according to the Weekend Gas Watch, compiled by the Automobile Club of Southern California. The Weekend Gas Watch monitors the ... Continue reading

TRIKE NIGHT AT THE SPEEDWAY ... SATURDAY, AUGUST 17

TRIKE NIGHT AT THE SPEEDWAY ... SATURDAY, AUGUST 17

"TRIKE NIGHT" AT IRWINDALE SPEEDWAY BROTHERS OF THE THIRD WHEEL TO GATHER Irwindale, Calif. - - There'll be a whole bunch of 'em parked in the Irwindale Speedway chalet village this Saturday afternoon August 17... Three wheeled motorcycles of every shape, size, and color. It's "Trike Night" at Irwindale and all of the ... Continue reading

WATKINSON INTO IRWINDALE GAM RACE AS NEW POINTS LEADER

WATKINSON INTO IRWINDALE GAM RACE AS NEW POINTS LEADER

JANI-KING SUPER LATE MODELS, KING TACO LEGENDS & MOD 4's WILL RACE … NEW POINTS LEADER IN GRAND AM MODIFIEDS! Irwindale, Calif. - - With the Southern California Pipe Trades presenting the night's races, veteren driver John Watkinson will bring his familiar "octopus orange" number 98 Grand American Modified into b ... Continue reading

Cummins Inc. Receives EPA Certification for Second ISB Engine

Cummins Inc. Receives EPA Certification for Second ISB Engine

COLUMBUS, Ind.--Aug. 15, 2002--Cummins Inc. announced today that it has received certification for its medium duty ISB engine from the Environmental Protection Agency (EPA). The EPA approval certifies that the ISB complies with the strict new emission standards that go into effect for these Cummins products October 1, ... Continue reading

General Motors Ole'At Pontiac Mexican Festival

General Motors Ole'At Pontiac Mexican Festival

FOR RELEASE: August 15, 2002 General Motors Hispanic Initiative Team Gives Back To Community At Pontiac Mexican Festival Detroit, MI - General Motors will participate in the 27th annual Pontiac Mexican Festival taking place on Friday, Aug. 23, Saturday, Aug. 24 and Sunday, Aug. 25 at the Phoenix Plaza in downtown Ponti ... Continue reading

AMA BOARD APPOINTS REYNOLDS TO REPRESENT SOUTHEAST REGION

AMA BOARD APPOINTS REYNOLDS TO REPRESENT SOUTHEAST REGION

AMA BOARD APPOINTS REYNOLDS TO REPRESENT SOUTHEAST REGION PICKERINGTON, OHIO -- The American Motorcyclist Association (AMA) has announced that its Board of Directors has appointed Carl Reynolds of Danville, Virginia to represent the Southeast Region. Reynolds was appointed to fulfill the term of Kevin Schwantz, who res ... Continue reading

Kurt Chronicles: Brainerd Edition NHRA Nationals

Kurt Chronicles: Brainerd Edition NHRA Nationals

For Release: August 15, 2002 Contact: Rick Voegelin TMG Sports Marketing rickvoegelin@compuserve.com 831-761-2201 THE KURT CHRONICLES: Kurt Johnson ACDelco News & Notes for the Rugged Liner NHRA Nationals, Brainerd, Minn., Aug. 16-18 JOHNSON BACK IN COMFORT ZONE AT BRAINERD INTERNATIONAL RACEWAY With a victory at the P ... Continue reading

Warren Report: Brainerd Edition NHRA Nationals

Warren Report: Brainerd Edition NHRA Nationals

For Release: August 15, 2002 Contact: Rick Voegelin TMG Sports Marketing rickvoegelin@compuserve.com 831-761-2201 THE WARREN REPORT: Warren Johnson GM Performance Parts News & Notes for the Rugged Liner NHRA Nationals, Brainerd, Minn., Aug. 16-18 JOHNSON READY TO UNRAVEL MINNESOTA MYSTERY No one has ever confused Brain ... Continue reading

Can-Am PERIS WINS TWO IN A ROW

Can-Am PERIS WINS TWO IN A ROW

15 August 2002 Ann Arbor, MI FOR IMMEDIATE RELEASE PERIS WINS TWO IN A ROW Round four of the Diablo Paintball was run this past weekend at the Atlantic Motorsports Park in Shubenacadie, NS with the Canadian Superbike Series. This round of the Can-Am series was classified as a full Canadian National, therefore it had al ... Continue reading

Southwall's Dresden Facility Remains Dry and in Full Production During Record Rainfall

Southwall's Dresden Facility Remains Dry and in Full Production During Record Rainfall

PALO ALTO, Calif.--Aug. 15, 2002--Southwall Technologies Inc. , a global developer, manufacturer and marketer of thin-film coatings for the automotive glass, electronic display and architectural markets, today reported that its German production plant, near the city of Dresden, has not experienced any interruption in o ... Continue reading

Review: 2003 Mazda Tribute

Review: 2003 Mazda Tribute

THE AUTO PAGE By JOHN HEILIG SPECIFICATIONS MODEL: Mazda Tribute ENGINE: 3.0-liter V6 HORSEPOWER/TORQUE: 200 hp @ 6000 rpm/200 lb-ft @ 4750 rpm TRANSMISSION: Four-speed automatic WHEELBASE: 103.1 in. LENGTH x WIDTH x HEIGHT: 173.0 x 71.9 x 69.3 in. STICKER PRICE: $26,669 The Mazda Tribute and Ford Escape are similar ve ... Continue reading

Harley-Davidson, Inc. Declares Dividend

Harley-Davidson, Inc. Declares Dividend

MILWAUKEE, Aug. 15 Harley-Davidson, Inc. announced today that its Board of Directors approved a quarterly cash dividend of 3.5 cents per share, payable September 30, 2002 to shareholders of record as of September 18, 2002. The Company currently has approximately 302.3 million shares of common stock outstanding. Harley- ... Continue reading

Wittke agrees to takeover by Federal Signal

Wittke agrees to takeover by Federal Signal

CALGARY, Alberta, Aug 15 Reuters reported that Wittke Inc., a Canadian truck equipment maker, said on Thursday it had agreed to be purchased by Federal Signal Corp., a U.S.-based manufacturer, in a cash and stock deal worth C$12.50 a share. Under the agreement, Wittke shareholders will receive either C$6.25 in cash and ... Continue reading

Clarion Technologies Announces 2002 Second Quarter Results

Clarion Technologies Announces 2002 Second Quarter Results

GRAND RAPIDS, Mich., Aug. 15 Clarion Technologies, Inc. today announced financial results for its second quarter, which ended June 29, 2002. ADVERTISEMENT Clarion's 2002 second quarter net sales were $22.2 million versus $22.3 million for the second quarter of 2001. While net sales remained fairly constant year over ye ... Continue reading

U.S. regulators upgrade look at Ford Focus fires

U.S. regulators upgrade look at Ford Focus fires

DETROIT, Aug 15 Reuters reported that U.S. vehicle safety regulators have upgraded their investigation into reports of engine compartment fires in Ford Motor Co.'s Focus compact car, one of six defect investigations under way on the popular model. The National Highway Traffic Safety Administration said on its Web site ... Continue reading

Susan Hudson Promoted to Delco Remy Corporate Purchasing Director

Susan Hudson Promoted to Delco Remy Corporate Purchasing Director

ANDERSON, Ind., Aug. 15 -- Delco Remy America, Inc., announces the promotion of Susan Hudson to the position of Corporate Director of Purchasing. Reporting to Delco Remy America President, Richard L. Stanley, Hudson will serve on the DRA Strategy Board and will oversee all purchasing activities for Delco Remy's global ... Continue reading

Brose Acquires Bosch Lock Systems

Brose Acquires Bosch Lock Systems

COBURG, Germany and STUTTGART, Germany, Aug. 15 -- Effective November 1, 2002, the Brose Group will take over the lock system activities of Robert Bosch GmbH, Stuttgart. Beyond that, Bosch and Brose will work together in the area of lock systems with vehicle access rights. Both companies, in the scope of a letter of in ... Continue reading

Autobytel Receives CIO-100 Award

Autobytel Receives CIO-100 Award

IRVINE, Calif.--Aug. 15, 2002--Autobytel Inc. is a winner of the prestigious CIO-100 award from IDG's CIO magazine for the second year in a row. The 2002 CIO-100 award recognizes organizations around the world that excel in positive business performance through integrated processes and technologies. Other award recipie ... Continue reading

Bear Stearns and CART to Hold Motorsports Business Forum at the Shell Grand Prix of Denver

Bear Stearns and CART to Hold Motorsports Business Forum at the Shell Grand Prix of Denver

NEW YORK--Aug. 15, 2002--In a concerted effort to help teams educate prospective sponsors, Bear, Stearns & Co. Inc. and Championship Auto Racing Teams, Inc. (CART) announced today that they will be holding a Business-to-Business Forum, Thursday August 29th, at the Shell Grand Prix of Denver. The B2B Forum is designed t ... Continue reading

UnitedAuto Repurchases and Penske Increases Investment

UnitedAuto Repurchases and Penske Increases Investment

DETROIT--Aug. 15, 2002--UnitedAuto Group, Inc. , a FORTUNE 500 automotive specialty retailer, announced an agreement to repurchase approximately one million shares of UnitedAuto common stock from Combined Specialty Insurance Company ("AON") under its previously announced 3.0 million share repurchase program. The aggreg ... Continue reading

Cycle Country Records Positive 3rd Quarter Numbers

Cycle Country Records Positive 3rd Quarter Numbers

MILFORD, Iowa--Aug. 15, 2002--Cycle Country Accessories Corp. (OTCBB:CYCY), the recognized leader in developing and manufacturing custom-fitted accessories for the all-terrain vehicle (ATV), is pleased to announce revenues of $2,286,391 for the three-month period ending June 30, 2002. This represents a 1.8% increase co ... Continue reading

Metallica Takes Over Drag Strip at Infineon

Metallica Takes Over Drag Strip at Infineon

JPEG IMAGE AVAILABLE UPON REQUEST Contact: John Cardinale Infineon Raceway (707) 938-8448 X107 Metallica Takes Over Drag Strip at Infineon Raceway SONOMA, Calif. (IMMEDIATE RELEASE) - Members of the popular rock-n-roll group Metallica recently traded in their high-powered music for high-speed thrills on Infineon Racewa ... Continue reading

CASCAR - Kawartha Preview

CASCAR - Kawartha Preview

CASCAR Super Series For more information contact CASCAR at (519) 641-1214 For immediate release / August 15, 2002 Tight points chase highlights CASCAR's return to Kawartha LONDON, ON - This Sunday afternoon, the CASCAR Super Series returns to action for its first Ontario outing since the Toronto Indy, in early July. Th ... Continue reading

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