Georgia says lures new DaimlerChrysler facility
MIAMI, Oct 17, 2002 Reuters reported that Georgia officials on Thursday said automaker DaimlerChrysler agreed to build a $750 million manufacturing facility in the state under a plan that should bring at least 3,000 jobs to the area. Under the agreement, the world's fifth-largest automaker will build the Pooler, Georgi ... Continue reading
WARRENVILLE, Ill., Oct. 17, 2002 International Truck and Engine Corporation announced today it will close its Chatham, Ontario assembly plant early next summer. The company made the announcement to employees today, citing that the heavy truck plant closure was a necessary step to address competitive market conditions. ... Continue reading
AuraGen Ship-Thru Approval Announced at NTEA Conferences by Ford MVE
EL SEGUNDO, Calif.--Oct. 17, 2002--Aura Systems, Inc. (OTCBB: AURA) today announced the Ford Motor Company's continued support to increase industry awareness of the recent Ford approval of the AuraGen(R) for ship-thru installation by Louisville Truck Equipment and Fort Wayne Fleet Equipment. Representatives of the Ford ... Continue reading
CCC Information Services Names Thomas Baird SVP of Corporate and Business Development
CHICAGO--Oct. 17, 2002--CCC Information Services Inc. has broadened its executive-management group with the appointment of Thomas Baird to the new position of senior vice president of corporate and business development. Baird will identify and secure strategic alliances and growth opportunities for CCC, a leading suppl ... Continue reading
Fitch Hosts Teleconf Today On Pensions In the U.S. Auto Sector, 10:30 EDT
NEW YORK--Oct. 17, 2002--Fitch analysts will host a teleconference today at 10:30AM EDT to discuss pensions in the automotive sector. Fitch analysts Mark Oline and Chris Struve will host the call and address the automotive industry's significant pension exposure, as it has become the center of the pension debate. A que ... Continue reading
Pep Boys Raises 3rd Quarter Earnings Guidance
PHILADELPHIA--Oct. 17, 2002--The Pep Boys - Manny, Moe & Jack , the nation's leading full-service automotive aftermarket chain announced that, despite industry-wide weakness in the sale of replacement tires and a nine-year low in consumer confidence, the Company is comfortable with the consensus earnings estimate, whic ... Continue reading
PITTSBURGH--Oct. 17, 2002--PPG Industries reported today third quarter net income of $148 million, or 87 cents a share, including aftertax income of $15 million, or 9 cents a share, to reflect the decline in value of PPG stock included in a previously reported asbestos settlement agreement. Excluding this income, net i ... Continue reading
ProQuest Company Announces Q3'02 Earnings Conference Call
ANN ARBOR, Mich.--Oct. 17, 2002--ProQuest Company, , one of the world's largest providers of content to the education, automotive and powersports markets, will hold its quarterly conference call to discuss third quarter results on Tuesday, October 22, 2002 at 5:00 pm Eastern Time (4:00 pm Central time). This call is be ... Continue reading
VAN NUYS, Calif.--Oct. 17, 2002--Superior Industries International, Inc. announced today that revenue, net income and unit wheel shipments all rose to new third quarter records. "Superior's strong top line performance for the third quarter was driven by high production of cars and light trucks by our OEM customers and ... Continue reading
-- WHAT: New manufacturing processes, such as "lean" manufacturing can help automakers pull the slack out of their supply chains, decrease inventory on-hand, and provide "just in time" inventory scheduling to eliminate waste. But lean processes can also increase an unprepared manufacturer's vulnerability to unforeseen ... Continue reading
Alcoa, BHP Billiton Sign Letter of Intent to Explore Further Opportunities in Suriname
PITTSBURGH--Oct. 17, 2002--Alcoa Inc. announced today that it has signed a Letter of Intent with BHP Billiton Plc, the parent company of its joint venture partner in Suriname, formalizing cooperation on various opportunities in the country. The companies currently have joint interests in alumina refining and bauxite mi ... Continue reading
FORT LAUDERDALE, Fla.--Oct. 17, 2002--ANC Rental Corporation today announced two new appointments to senior management, naming Travis Tanner as Executive Vice President and Doug Laux as Senior Vice President and Chief Financial Officer. Tanner will be responsible for Worldwide Sales, Marketing, Operations, Business Sys ... Continue reading
HAMILTON, Bermuda--Oct. 17, 2002--Ingersoll-Rand Company Limited , a leading diversified industrial enterprise, today announced third-quarter 2002 net earnings of $104.5 million, or diluted earnings per share (DEPS) of $0.61, excluding charges related to restructuring and productivity investments. These results are con ... Continue reading
HAMILTON, Bermuda--Oct. 17, 2002--Ingersoll-Rand Company Limited , a leading diversified industrial enterprise, today announced third-quarter 2002 net earnings of $104.5 million, or diluted earnings per share (DEPS) of $0.61, excluding charges related to restructuring and productivity investments. These results are con ... Continue reading
PITTSBURGH--Oct. 17, 2002--The board of directors of PPG Industries today declared a regular quarterly dividend of 43 cents a share, payable Dec. 12 to shareholders of record Nov. 12. PPG has paid uninterrupted dividends since 1899. ... Continue reading
ProQuest Company Announces Q3'02 Earnings Conference Call
ANN ARBOR, Mich.--Oct. 17, 2002--ProQuest Company, , one of the world's largest providers of content to the education, automotive and powersports markets, will hold its quarterly conference call to discuss third quarter results on Tuesday, October 22, 2002 at 5:00 pm Eastern Time (4:00 pm Central time). This call is be ... Continue reading
Action Performance Initiates Distributor Contract Renewals
PHOENIX--Oct. 17, 2002--Action Performance Companies Inc., the leader in motorsports collectibles and merchandising, today announced that the Company plans to offer distribution contracts to all of its 17 current ARC distributors. The contracts are designed to ensure that all official distributors will continue their r ... Continue reading
Monro Muffler Brake Achieves 32% Net Income Increase for Q2;
ROCHESTER, N.Y.--Oct. 17, 2002--Monro Muffler Brake, Inc. today announced record sales and earnings for the second quarter and six months ended September 28, 2002. Sales for the second quarter increased 12.4% to a record $68.0 million from $60.5 million in the prior year period. The strong sales results were driven by ... Continue reading
COLUMBUS, Ind.--Oct. 17, 2002--Today Cummins Inc. reported third quarter earnings of $1.00 per fully diluted share or $39 million profit after taxes, on sales of $1.65 billion. This compares to earnings of 8 cents per share for the third quarter of 2001, or $3 million profit after taxes on sales of $1.41 billion. "Resu ... Continue reading
Ford and Alcan Launch First North American ``Closed-Loop'' Recycling of Aluminum Autobody Sheet
DETROIT--Oct. 17, 2002--Ford Motor Company and Alcan Inc. have launched the North American automotive industry's first "closed-loop" recycling program for aluminum sheet scrap. Under the new program, Ford recovers aluminum process scrap from its Chicago Stamping Plant and returns it to Alcan for recycling directly back ... Continue reading
AAA Honors Top Community Traffic Safety Programs in Illinois, Ohio, Pennsylvania and New York
WASHINGTON--Oct. 17, 2002--AAA announced today that it is bestowing its most prestigious traffic safety honor to several communities who demonstrated that they have some of the best programs in the country to reduce traffic-related deaths and injuries. New York City; Streamwood, Ill.; East Cleveland, Ohio; Sleepy Hollo ... Continue reading
New 1394-Automotive Specification; Collaboration with IDB Forum Creates Flexible Network Backbone
DALLAS--Oct. 17, 2002--"1394-Automotive", a major initiative of the 1394 Trade Association, is completed and ready for publication following unanimous approval by the Trade Association's Board of Directors. Developed jointly with the IDB Forum and also known as IDB-1394, the1394-Automotive specification establishes the ... Continue reading
AAA Texas Says October Most Dangerous Month for Teen Drivers in Texas
HOUSTON--Oct. 17, 2002--October has been the most dangerous month for teen drivers in Texas for the past 25 years, according to AAA Texas. To help reduce teen traffic deaths, Governor Rick Perry has proclaimed October "Teen Safe Driving Month" in Texas, urging all motorists to support and participate in efforts that he ... Continue reading
GM North American Scheduled Overtime/Downtime for Week of Oct. 21, 2002
FOR RELEASE: October 17, 2002 Total U.S. Passenger Car 38,955 Total U.S. Truck 53,830 Total Canada Passenger Car 10.475 Total Canada Truck 5,304Total N.A. Car and Truck 119,328 North American Scheduled Overtime/Downtime for Week of Oct. 21, 2002 Mon10/21 Tue10/22 Wed10/23 Thu10/24 Fri10/25 Sat/Sun10/26-10/27 Approx. # ... Continue reading
A Buggy New Book About VW of America
www.gettingthebugsout.com CLICK4More about Getting The Bugs Out By David Kiley Introduction (excerpt) Volkswagen of America has experienced huge success and bitter failure. From just two deliveries in 1949, the brand rose to capture 5% of the auto market in 1970. It then plummeted to less than 1% in 1990. And 1975 saw ... Continue reading
GRAND RAPIDS, Mich. October 17, 2002 the AP reported that auto parts maker Magna Donnelly says it will close two area mirror-making plants and cut one-third of the factories' 414 combined jobs. The remaining two-thirds of the workers have accepted or will be offered positions at plants in Grand Haven and Kent County's ... Continue reading
Genuine Parts Company Reports Third Quarter Results - Sales Up 3%, Net Income Up 7%
ATLANTA--Oct. 17, 2002--Genuine Parts Company reported sales and earnings for the third quarter ended September 30, 2002. Larry Prince, Chairman of the Board of Directors, announced today that sales totaling $2.2 billion were up 3% as compared to the third quarter of 2001. Net income was $94 million, an increase of 7% ... Continue reading
IRVINE, Calif.--Oct. 17, 2002-- ServoTech's Profitability Accretive to KleenAir Bottom Line KleenAir Systems Inc. (OTC BB:KAIR), an international environmental company dedicated to the development, testing and commercialization of products to help reduce smog and air pollution, today announced that the Company signed a ... Continue reading
Digital Motorworks Recognized for Exceptional Growth
AUSTIN, Texas--Oct. 17, 2002--Digital Motorworks (DMi) has been honored by the Austin Business Journal as one of its Top 50 Fastest Growing Private Companies with annual revenues over $10 million. DMi placed fifth overall in the over-$10 million category. Last year, DMi was ranked second among companies with revenues u ... Continue reading
NEW YORK & SEATTLE--Oct. 17, 2002--The Cobalt Group, a leading provider of e-business software and services to the automotive retail market, today announced a partnership with New York Times Digital, the digital business unit of The New York Times Company . Cobalt is now providing visitors to NYTimes.com's automotive s ... Continue reading
New Car Review:2003 Saturn L300 Sedan - The BIG One
DRIVING DOWN THE ROAD WITH CAREY RUSS It was only three years ago that Saturn's L-Series was introduced, but continuous improvement is a driving force at Saturn. According to Saturn, there have been over 380 upgrades, refinements, and new features added to the L-Series since its debut in 2000. And so, the L-Series has ... Continue reading
New MAZDA6 Sports Sedan Launched at AAI
FLAT ROCK, Mich., Oct. 17, 2002 -- Mazda North American Operations (MNAO) today held a ribbon-cutting ceremony at AutoAlliance International, Inc. (AAI) to celebrate the first U.S. production of the all-new MAZDA6 sports sedan. On hand to welcome the brilliant yellow MAZDA6 vehicle as it rolled off the assembly line we ... Continue reading
Opel - Fiat Merger Could Reduce Workforce
FRANKFURT, Oct 16 Reuters reported that a merger of the auto division of Fiat <FIA.MI> with General Motors' Opel unit would mean big job cuts for both groups, the online version of a German magazine quoted Opel's workers' council chief as saying on Wednesday. Fiat last week announced over 8,000 layoffs in a move which ... Continue reading
Ten 2003 Models Worth Waiting For
http://www.thecarplace.com/10worth.htm CLICK4Story TACH Affiliate, The Car Place, published a list of 10 2003 models that writer Aaron Gold believes are worth waiting for. ... Continue reading
LONDON - The AP published this race-by-race synopsis of the 2002 Formula One season: March 3 - Australian Grand Prix Michael Schumacher avoids a first-lap crash that eliminates Ferrari teammate Rubens Barrichello and Ralf Schumacher. Juan Pablo Montoya salvages second for Williams. Kimi Raikkonen, taking over for Mika ... Continue reading
Modine Reports Second Quarter Results
RACINE, Wis.--Oct. 16, 2002--The Modine Manufacturing Company today reported sales of $275.6 million and earnings of $6.3 million, or $0.19 per fully diluted share for the quarter ended September 26th, 2002. Sales increased 2.8% from $268.1 million reported a year ago. Modine's income from operations increased 18.2% to ... Continue reading
Modine Chief Financial Officer Resigns to Pursue Another Employment Opportunity
RACINE, Wis.--Oct. 16, 2002--Modine Manufacturing Company today announced that its Chief Financial Officer, Ernest T. Thomas, resigned to pursue another employment opportunity. R. Steven Bullmore, Modine's Corporate Controller, will serve as the interim Chief Financial Officer until the position is permanently filled. ... Continue reading
Modine Board Announces Dividend
RACINE, Wis.--Oct. 16, 2002--The Modine Manufacturing Company Board of Directors declared a quarterly dividend of 12.5 cents per share on outstanding common stock, payable December 5, 2002 to all shareholders of record November 22, 2002. Modine specializes in thermal management, bringing heating and cooling technology ... Continue reading
GM, Partners Complete Asset Transfer with Daewoo Motor Co. New Company Set to Launch
FOR RELEASE: October 17, 2002 GM, Partners Complete Asset Transfer with Daewoo Motor Co. New Company Set to Launch Seoul, South Korea -- General Motors Corporation , Daewoo Motor Company, and the Korea Development Bank, acting on behalf of the Daewoo Motor Creditors Committee, today announced the transfer of certain as ... Continue reading
Australian ABS new vehicle sales rose 0.6% in Sept
SYDNEY, Oct 17 Reuters reported that The Australian Bureau of Statistics said on Thursday new motor vehicle sales rose 0.6 percent in September, seasonally adjusted. In September, 71,229 vehicles were sold compared with 70,806 during the previous month. Sales of new passenger vehicles rose 1.5 percent while other vehic ... Continue reading
Hungary 9-month new car sales up 14.1 pct
BUDAPEST, Oct 16, 2002; Reuters reported that Hungarian new car sales rose 14.1 percent year-on-year in the first nine months of 2002 to 124,565 units, the Hungarian Association of Car Importers (HACI) said on Wednesday. Among the top 10 importers, Volkswagen <VOWG.DE> and Fiat <FIA.MI> were the only two to post lower ... Continue reading
Thrifty Car Rental Selects Envision
SEATTLE--Oct. 16, 2002-- Leading car rental organization chooses agent development solution to coach agents Envision Telephony, Inc., a leading developer of contact center solutions, today announced that Thrifty Car Rental, one of the world's largest car rental franchise networks and a subsidiary of Dollar Thrifty Auto ... Continue reading
Honda To Take Majority Stake In New China JV
BEIJING -Dow Jones reported that Honda Motor Co. has applied to take a majority stake in its planned carmaking joint venture in Guangzhou, China, a Chinese government official said Thursday. If approved, it would be the first time a foreign carmaker is allowed majority control of a China manufacturing joint venture. Ch ... Continue reading
Jaguar Select Edition Awarded Best Certified Pre-Owned Vehicle Program For the Third Time
ANAHEIM, Calif., Oct. 16 IntelliChoice® Inc., a company specializing in consumer-automotive information, awarded Jaguar Select Edition the Best Certified Pre-Owned Vehicle Program in the luxury class segment today at the California International Auto Show. This year marks the third time in four years Jaguar has receiv ... Continue reading
Chana R. Schoenberger writing for Forbes submitted this feature: Cars can be a bit prosaic, so Volvo has taken to selling computers. At the Ford Motor unit's headquarters, near Gothenburg, Sweden, engineers are tweaking their new On Call system, a dashboard screen that displays maps in conjunction with a 24-hour call c ... Continue reading
AAA Michigan Opens New Detroit Location; Grand Opening Ceremony, Oct. 17
DEARBORN, Mich., Oct. 16 -- Celebrating 86 years of service to Wayne County, AAA Michigan will have a grand opening ceremony Thursday, October 17, at its new Downtown Detroit branch office, located in the newly refurbished Dime Building at 719 Griswold, Suite 170. Refreshments will be served from 4:30-6:30 p.m., with a ... Continue reading
Continental Teves Demonstrates Automotive Electronics Expertise at Convergence 2002
AUBURN HILLS, Mich., Oct. 16 -- Continental Teves, a unit of Continental AG, and its Conti Temic electronics business unit, will be a prominent part of Convergence 2002, the premier global transportation electronics conference. The conference will be held October 21-23, 2002 at Detroit's Cobo Center. "Continental Teves ... Continue reading
Illinois Insurance Company Reports Results
NORTHBROOK, Ill., Oct. 16 The Allstate Corporation today reported net income of $280 million ($0.39 perdiluted share) for the third quarter of 2002 compared to $226 million ($0.32 per diluted share) for the third quarter of 2001. Operating income was $548 million ($0.77 per diluted share) for the third quarter of 2002, ... Continue reading
HOUSTON--Oct. 16, 2002--Summer is over. Fall is here, and so is the need to prepare your car for fall and winter weather. AAA Texas has a free offer during National Car Care Month to help motorists get their vehicles ready. During October, AAA Texas and nearly 200 of its Approved Auto Repair (AAR) facilities are offeri ... Continue reading
Autodaq and AutoTradeCenter Close Merger; New Company Poised for Explosive Product Growth
MENLO PARK, Calif. and MESA, Ariz.--Oct. 16, 2002--Autodaq Corp. and AutoTradeCenter.com Inc. (OTC BB: AUTC) announced today the closing of the two companies' merger agreement signed in June. The merger was overwhelmingly approved at a special shareholder meeting of AutoTradeCenter.com held in Phoenix Oct. 4, 2002 and ... Continue reading
2003 Suzuki Model Line Features More Style, Performance and All-Wheel Drive Capabilities
BREA, Calif.--Oct. 16, 2002-- More Versatile Than Ever, the 2003 Suzuki Line Debuts At the California International Auto Show in Anaheim Led by new, all-wheel-drive versions of the popular Aerio/Aerio SX and redesigned interiors of the XL-7 and Grand Vitara sport utility-vehicles, Suzuki offers a first look at its 2003 ... Continue reading
Motorola Leads in Automotive Telematics Applications
MINNEAPOLIS--Oct. 16, 2002--According to a recent study conducted by Telematics Research Group (TRG), Motorola holds the largest market share for embedded microprocessor units used in vehicle telematics applications. Motorola's estimated current worldwide market share is nearly ninety percent, according to the study. I ... Continue reading
USA Truck, Inc. Announces Record Operating Revenues
VAN BUREN, Ark.--Oct. 16, 2002--USA Truck, Inc. today announced record operating revenues, before fuel surcharge, of $70,651,305 for the quarter ended September 30, 2002, an increase of 12.4% from $62,869,859 for the same quarter of 2001. Net income increased 115.7% to $1,271,086 for the third quarter of 2002, compared ... Continue reading
Magazine Names Volvo XC90 2003 Sport/Utility of the Year
ANAHEIM, Calif.--Oct. 16, 2002--MOTOR TREND magazine announced today the selection of the Volvo XC90 as Motor Trend's 2003 Sport/Utility of the Year. The award-winning Volvo was unveiled at the opening of the 2003 California International Auto Show (CIAS) in Anaheim. The Caliper award was presented to Vic Doolan, Presi ... Continue reading
GM at 2002 Specialty Equipment Market Association (SEMA) show
FOR RELEASE: October 16, 2002 Las Vegas- High-performance variants of GM cars and trucks will headline the General Motors display at this year's 2002 Specialty Equipment Market Association (SEMA) show, Nov. 5-8 at the Las Vegas Convention Center. GM's exhibit will feature an exciting lineup of Chevrolet, Cadillac, Pont ... Continue reading
SmarTire Signs Supply Agreement With Pirelli for Tire Monitoring Systems
RICHMOND, British Columbia & MILAN, Italy--Oct. 16, 2002--SmarTire Systems and Pirelli Pneumatici have signed a Supply Agreement for tire monitoring systems that measure pressure and temperature of car, truck and motorcycle tires. Produced by SmarTire and tested and certified by Pirelli, the products will be marketed a ... Continue reading
Teleflex Reports Third Quarter 2002 Results: Revenues Increased 9%; Net Income Up 19%
PLYMOUTH MEETING, Pa.--Oct. 16, 2002--Teleflex Incorporated today reported revenues in the third quarter ended September 29, 2002 increased 9% to $508.2 million compared to $466.0 million for the year-ago quarter. Net income in the quarter was $26.3 million and diluted earnings per share were 66 cents. Results included ... Continue reading
The Make-A-Wish Foundation® and UAW-GM Commemorate 100,000 Wishes
FOR RELEASE: October 16, 2002 The Make-A-Wish Foundation® and UAW-GM Commemorate 100,000 Wishes Celebration of Foundation's Momentous Milestone at UAW-GM's Quality 500 in Charlotte, N.C., Helped Grant Wishes for Kids From Arizona, Florida, Pennsylvania and Wisconsin Detroit, Mich. - The Make-A-Wish Foundation began it ... Continue reading
LONG BEACH, Calif.--Oct. 16, 2002--Flexcar, the nation's largest provider of car-sharing services, has received a Clean Air Award for "Innovative Transportation Project" from the South Coast Air Quality Management District for its car-sharing service in Long Beach. In partnership with the Bikestation Coalition and West ... Continue reading
Amcast Reports Fiscal 2002 Fourth Quarter and Total Year Results
DAYTON, Ohio--Oct. 16, 2002--Amcast Industrial Corporation, today reported financial results for its fiscal 2002 fourth quarter and full year ended August 31, 2002. Fiscal fourth quarter sales of $152.6 million were up by over 15% versus $132.3 million in the prior year. The net loss for the quarter was $9.1 million, o ... Continue reading
Ingersoll-Rand to Sell its Engineered Solutions Business to Timken
HAMILTON, Bermuda--Oct. 16, 2002--Ingersoll-Rand Company Limited , a leading diversified industrial firm, today announced that it has agreed to sell its Engineered Solutions business to The Timken Company for approximately $840 million. The purchase price consists of $700 million in cash and $140 million in Timken comm ... Continue reading
WFS Financial Reports Record Net Income in Third Quarter
IRVINE, Calif.--Oct. 16, 2002-- -- Third quarter net income rose 150% to a record $23.3 million -- Earnings per share were $0.57 on a GAAP basis and $0.81 on a portfolio basis -- Automobile contract purchases increased 14% to $1.4 billion -- Total revenues grew 45% to $155 million WFS Financial Inc today reported recor ... Continue reading
Westcorp Reports Record Net Income in Third Quarter
IRVINE, Calif.--Oct. 16, 2002-- -- Third quarter net income rose 164% to a record $21.7 million -- Earnings per share were $0.55 on a GAAP basis and $0.91 on a portfolio basis -- Automobile contract purchases increased 14% to a record $1.4 billion -- Total revenues grew 36% to $185 million Westcorp today reported recor ... Continue reading
LAS VEGAS--Oct. 16, 2002--Aeris.net(TM), the leading network provider for wireless telemetry messaging, announced today that its MicroBurst(R) network subscriber base has reached more than 250,000 units. Together with industry-leading market partners, the developers who create MicroBurst applications, Aeris is bringing ... Continue reading
Woodcliff Lake, New Jersey July 1, 2002 ... The all-new BMW Z4 roadster marks another highlight in BMW's new design strategy, and sets new standards for premium roadsters. When its predecessor, the BMW Z3 roadster, was introduced in 1995 (as a '96 model), it captured people's attention - in particular with its public d ... Continue reading
Environmental Solutions Worldwide, Inc Chairman of the Board Steps Down
TELFORD, Pa.--Oct. 16, 2002--Environmental Solutions Worldwide Inc.(ESW)(OTC Bulletin Board:ESWW) announced today that Mr. Bengt Odner has elected to step down as the Chairman of the Board. Mr. Odner remarked, "It has been an extremely difficult decision to step down as Chairman of the Company. However, after having se ... Continue reading
Foamex Comments On Outlook for the Third Quarter 2002
LINWOOD, Pa.--Oct. 16, 2002--Foamex International Inc. , the world's leading manufacturer of flexible polyurethane and advanced polymer foam products, today announced that it expects to report a net loss for the third quarter ended September 29, 2002, primarily as a result of previously disclosed price increases of an ... Continue reading
FrameCoat Coating by PPG Wins R&D 100 Award
PITTSBURGH--Oct. 16, 2002--PPG Industries tonight will receive a R&D 100 Award for lead-free FrameCoat electrodeposition coating, a breakthrough primer for automotive and light-truck chassis components. It marks the seventh time in as many years that a PPG technology has been named one of the most significant technolog ... Continue reading
Microtune Brings Latest in RF and Bluetooth Solutions to Automotive Market
PLANO, Texas--Oct. 16, 2002-- RF silicon and systems products, enabling premium radio, in-car TV entertainment, telematics and wireless communications, will be showcased at Convergence Trade Show Microtune(R), Inc. , a radio frequency (RF)-based silicon and systems supplier with a rich history of providing specialized, ... Continue reading
NuTech Solutions' Director of Financial Markets to Speak at BAI Conference
CHARLOTTE, N.C.--Oct. 16, 2002--NuTech Solutions, Inc. ("NuTech"), a provider of advanced predictive analytics and profit optimization software products for Global 1000 companies, announced today that its Director of Financial Markets, Tony Kaus, will be a guest speaker at the BAI "Combating Check and Deposit Account F ... Continue reading
Period Closes for Alcoa Limited Tender Offer - Preliminary Results
PITTSBURGH & OSLO--Oct. 16, 2002--The period for the tender offer by Alcoa for 3.5 million shares of Elkem closed at 5:00 PM, Tuesday October 15. Alcoa received 111,358 shares at 175 NOK and now holds a total of 22,928,426 shares or 46.5% of Elkem common shares. Commenting on the results of the tender and recent tradin ... Continue reading
Petty Enterprises Contracts InfoVision for Microsoft Great Plains Solution
CHARLOTTE & CONCORD, N.C.--Oct. 16, 2002--Petty Enterprises and Richard Petty Driving Experience have announced their newest team member. The organization that has fielded one of the most successful stock car racing teams in the last half-century, Petty Enterprises has chosen InfoVision of Charlotte to provide a Micros ... Continue reading
-- WHAT: (October 16, 2002) On opening day at the 2003-Model California International Auto Show, Motor Trend Magazine will unveil the winner of its internationally coveted "2003 Sport/Utility of the Year" award. In selecting this year's winner, Motor Trend editors tested every all-new or significantly changed 2003 spor ... Continue reading
STMicroelectronics Comments on Today's Media Reports
GENEVA--Oct. 16, 2002--With reference to reports appearing in the international media today, STMicroelectronics strongly denies any ongoing discussions with Motorola concerning the possible acquisition or merger of their semiconductor activities. About STMicroelectronics STMicroelectronics, the world's third largest se ... Continue reading
CCC Information Services Group Inc. Announces Third Quarter Earnings Webcast
CHICAGO--Oct. 16, 2002--CCC Information Services Group Inc. , through its wholly-owned subsidiary CCC Information Services Inc., the leading provider of business solutions to the automobile claims industry, today announced they will be hosting a live Webcast to discuss the third quarter 2002 earnings results. The Webca ... Continue reading
Environmental Solutions Worldwide, Inc. Completes First Closing Of Private Placement
TELFORD, Penn.--Oct. 16, 2002--Environmental Solutions Worldwide Inc. (ESW) (OTCBB:ESWW) announced today that it has closed on the first traunch of an equity private placement. The terms of the private placement involve a minimum of $800,000 and a maximum of $1,500,000. The Company has received an aggregate of $884,120 ... Continue reading
Fitch Expects to Rate DaimlerChrysler 2002-C 'AAA'
NEW YORK--Oct. 16, 2002--Fitch Ratings expects to rate DaimlerChrysler Auto Trust (DCAT) 2002-C Asset Backed Notes as follows: -- $380,000,000, 1.7875% Class A-1 Notes, F1+; -- $700,000,000, 2.07% Class A-2 Notes, 'AAA'; -- $550,000,000, 2.56% Class A-3 Notes, 'AAA'; -- $372,000,000, 3.09% Class A-4 Notes, 'AAA'; and - ... Continue reading
Heartland Express, Inc. Reports Revenues and Earnings for the Third Quarter of 2002
CORALVILLE, Iowa--Oct. 16, 2002--Heartland Express, Inc. announced today financial results for the third quarter ended September 30, 2002. For the third quarter revenue increased 23.3% to $91.1 million from $73.9 million in the third quarter of 2001. Net income increased 20.2% to $11.1 million from $9.2 million in the ... Continue reading
Royal & SunAlliance USA Launches New, Customer-Friendly Internet Site
CHARLOTTE, N.C.--Oct. 16, 2002--Royal & SunAlliance USA, one of the leading property/casualty insurers in the U.S., today announced the launch of a new, corporate website that provides easy access to the company's product, claims and agent information. The new site, located at www.royalsunalliance-usa.com, offers enhan ... Continue reading
Southwall Announces Third Quarter Earnings Conference Call
PALO ALTO, Calif.--Oct. 16, 2002--Southwall Technologies Inc. a global developer, manufacturer and marketer of thin-film coatings for the automotive glass, electronic display and architectural markets, will hold its quarterly conference call to discuss third quarter results on Thursday, October 24, 2002, at 12:30 p.m. ... Continue reading
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