Detroit Auto Show: Two Worldwide Premieres for Mitsubishi Motors
CYPRESS, Calif., Dec. 17 -- Mitsubishi Motors North America, Inc. (MMNA) will introduce two all-new concepts at the 2004 North American International Auto Show (NAIAS) which runs January 4 - 19, 2004 at the Cobo Center in Detroit. The show opens to the general public on January 10, 2004. At the show, the Eclipse Concep ... Continue reading
TORRANCE, Calif., Dec. 17 -- Lexus will ring in 2004 with an array of benefits for journalists and consumers at the North American International Auto Show (NAIAS) in Detroit this January -- all designed to inform, refresh and entertain. Luxuries That Energize When it comes time to relax and reenergize, journalists can ... Continue reading
GM Will Invest $10 million In Michigan Engine Plant ( For V-12?)
DETROIT, Dec 17, 2003; Reuters reported that General Motors Corp. will invest $10 million in a new Wixom, Michigan, plant that will build high-performance engines beginning in the summer of 2005, the world's largest automaker said on Wednesday. GM declined to provide any specifics on the engine, the vehicles they would ... Continue reading
Saab Will Add Midsize SUV to Lineup
Saab Will Add Midsize SUV to North American Lineup As Part of Product Offensive DETROIT December 17, 2003; The AP reported that Saab Automobile AB, continuing a product offensive, plans to add a midsize sports utility vehicle to its all-car lineup, the Swedish automaker said Wednesday. The all-wheel-drive Saab 9-7X wil ... Continue reading
Here We Go - FT Says Ford Considering Building Land Rovers Or Volvos In China
NEW YORK December 17, 2003; Dow Jones reported that Ford Motor Co. is considering building Land Rovers or Volvos in China as it attempts to tap the market for luxury vehicles in the world's most populous country, the Financial Times reports in an article on its Web site Wednesday. Sources told the newspaper that Ford i ... Continue reading
Chrysler Prevents Birth Of Problems Withdraws From Lingerie Bowl
Chrysler Withdraws From Super Bowl Halftime Football Game Between Lingerie-Clad Models DETROIT December 17, 2003; John Porretto writing for the AP reported that Chrysler has withdrawn its sponsorship from a Super Bowl halftime football game between lingerie-clad models, saying its role has become a distraction. Organiz ... Continue reading
Follow This Sad Sorid Saga Here On TACH; Kara Wetzel writing for Dow Jones reported that DaimlerChrysler as expected, pulled out of its Dodge brand sponsorship of the Lingerie Bowl amid heightened media attention and dealer upset. The event, featuring models in underwear playing tackle football, became a distraction th ... Continue reading
LOS ANGELES--Dec. 17, 2003--The following is a statement from Lingerie Bowl Creator and Executive Producer Mitchell Mortaza: We are disappointed that Dodge has chosen to rescind its sponsorship of the Lingerie Bowl, especially since we were led to believe they were behind it 110%. Not only did Dodge evaluate the event ... Continue reading
New Car Review: 2004 Jaguar S-Type 3.0
DRIVING DOWN THE ROAD WITH CAREY RUSS Few names in the auto industry are as celebrated as Jaguar. It started business as the Swallow Sidecar Company in 1922, making motorcycle sidecars, and, later, custom bodies for production cars. But these were affordable middle-class cars, not the bespoke, exclusive marques for whi ... Continue reading
DETROIT December 17, 2003; Reuters reported that Ford Motor Co. said in a regulatory filing late on Tuesday it could report a "significant non-cash" charge for the fourth quarter if it concludes negotiations with its former unit Visteon Corp. Ford said conclusion of its negotiations with Visteon to modify its spin-off ... Continue reading
CarMax Reports Third Quarter Results
RICHMOND, Va., Dec. 17 -- CarMax, Inc. today reported results for the fiscal 2004 third quarter and nine months ended November 30, 2003. THIRD QUARTER EARNINGS: * Third quarter net earnings increased 29% to $19.1 million, or 18 cents per share, compared with $14.7 million, or 14 cents per share, earned in the third qua ... Continue reading
Timken Expands Friction Management Solutions with New Line of Industrial Lubricants
CANTON, Ohio, Dec. 17 -- The Timken Company recently began distributing a new line of industrial lubrication products, including All-Purpose Industrial Grease; Off-Highway Grease featuring heavy duty Moly; Pillow Block Grease for ball bearings; Premium Mill Grease; and High-Speed Grease for electric motor ball bearings ... Continue reading
MOTOR TREND Names Ford F-150 2004 Truck of the Year
Ford Awarded Prestigious Golden Calipers From Tough Field of Seven NEW YORK, Dec. 17 -- MOTOR TREND magazine, the world's #1 automotive authority and part of the PRIMEDIA Consumer Automotive Group, today announced the selection of the Ford F-150 as the 2004 Truck of the Year. Each year MOTOR TREND evaluates all the new ... Continue reading
WASHINGTON, and TORRANCE, Calif., Dec. 17 -- For consumers looking to enjoy XM satellite radio in their vehicles, tuning in has never been simpler. Alpine Electronics of America, Inc. and XM Satellite Radio today announced the industry's first in-dash CD receiver with an integrated XM tuner. With its smart, all-in-one ... Continue reading
Shopping Mall Parking Lots Are Filling up, Don't Become a Theft or Crash Victim, Says the Auto Club
LOS ANGELES--Dec. 17, 2003--As the holidays draw closer and closer, the Automobile Club of Southern California offers tips to help shopping-mall-bound drivers avoid fender benders or injuries that could make them lose their holiday cheer. And if last year is any indication of consumers' timing, it's just going to get m ... Continue reading
IMPCO Completes Emission Certified Engine Approvals
CERRITOS, Calif., Dec. 17 -- IMPCO Technologies, Inc. announced today it has received Executive Order approval from the California Air Resources Board (CARB) for the General Motors 3.0 Lt., the Mitsubishi 2.0 Lt. and the Mitsubishi 2.4 Lt. industrial engines. This approval confirms the engines, with the new IMPCO Spect ... Continue reading
DriveCam Video Systems Receives $1.87 Million U.S. Marine Corps Contract for Fleet Safety Products
SAN DIEGO--Dec. 17, 2003--DriveCam Video Systems, a developer of fleet safety technology, announced today that it has been awarded a five-year solicitation contract by the U.S. Marine Corps in the amount of $1.87 million for the purchase of DriveCam fleet safety products and services. Under the terms of the agreement, ... Continue reading
Cooper Tire and Kenda Rubber Announce China Joint Venture Plans
FINDLAY, Ohio, Dec. 17 -- Cooper Tire & Rubber Company announced today that it has reached an agreement with Kenda Rubber Industrial Co., Ltd. to build a plant to produce radial passenger and light truck tires. The plant will be located in the Jiangsu Province of the People's Republic of China outside Shanghai and will ... Continue reading
Worthington Industries Reports Second Quarter Results
COLUMBUS, Ohio--Dec. 17, 2003--Worthington Industries, Inc. today reported results for the three and six-month periods ended November 30, 2003. Results Net sales for the second quarter of fiscal 2004 were $540.1 million, a decrease of 5% from last year's record $567.9 million. Earnings were $16.9 million and earnings p ... Continue reading
IP2Location.com Releases Database to Identify Geographical Location of Internet User
FOR IMMEDIATE RELEASE IP2Location.com Releases Database to Identify Geographical Location of Internet Address SARASOTA, Fla., Dec. 17, 2003 -- IP2Location.com, a leading technology provider of Internet geo-location software and services for the e-commerce industry, today announced the release of a new database in the I ... Continue reading
Communications Teams Confirmed at Jaguar Land Rover North America
IRVINE, Calif., Dec. 16 -- Jaguar and Land Rover North America announces new and stronger communications teams for each of the famous British marques. "With a busy program of new model introductions planned over the coming years for both brands, we are ensuring dedicated public relations teams are in place to best serv ... Continue reading
PARIS, December 16 -- Valeo today announced that it signed agreements to increase its shareholding in two of its Chinese joint ventures in Shanghai one for Electrical Systems and the other for Wiper Systems. Valeo has increased its participation in Shanghai Valeo Automotive Electrical Systems from 30% to 50% and has in ... Continue reading
HERTA TO DRIVE FOURTH INDYCAR SERIES ENTRY FOR AGR
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ProQuest Automotive and General Motors Europe Sign Electronic Parts Catalog Agreement
ProQuest to Provide an Electronic Parts Catalog for Use in More Than 80 Countries RICHFIELD, Ohio, Dec. 16 -- The ProQuest Automotive business unit of ProQuest Business Solutions, a segment of ProQuest Company , has been selected by General Motors Europe (GME) as the provider of their new electronic parts system. This ... Continue reading
BMW Rockster Motorcycle Stars in Paycheck
Paramount Pictures and DreamWorks Pictures to Release Science Fiction Action Adventure Thriller on Christmas Day, 2003 LOS ANGELES, Dec. 16 -- The 2003 BMW R 1150 R Rockster, one of BMW's most stylish and agile motorcycles, will join a stellar cast headed by Ben Affleck and Uma Thurman in a Paramount Pictures and Dream ... Continue reading
HAWKEYE DOWNS CONTINUES ASA MEMBER TRACK PROGRAM
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RACING ELECTRONICS ELEVATES ASA PARTNERSHIP
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Brilliance China To Buy Out Government Share In Its BMW Venture
HONG KONG December 16, 2003; Andrew Batson writing for Dow Jones reported that Brilliance China Automotive Holdings Ltd. said Wednesday it has agreed to buy out a government entity's stake in one of its subsidiaries, a move which will increase the company's shareholding in its joint venture with German luxury carmaker ... Continue reading
2004 Honda Goal: Sell 1.4 Million Cars In US, 3.5 Million Worldwide
TOKYO December 16, 2003; Yoshio Takahashi writing for Dow Jones reported that Honda Motor Co. said Wednesday it aims to sell 1.4 million vehicles in the key U.S. market in 2004, up 3.7% from its estimated sales of 1.35 million units there this year. The Japanese car maker is also more optimistic about its sales prospec ... Continue reading
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