Genuine Parts Company Reports First Quarter Results and Declares Regular Quarterly Dividend
ATLANTA--April 17, 2001--Genuine Parts Company reported sales and earnings for the first quarter ended March 31, 2001. Larry Prince, Chairman of the Board of Directors, announced today that sales totaling $2.0 billion were down 1% compared to the first quarter of 2000, and considering one less workday in the quarter, s ... Continue reading
BELLEVUE, Wash.--April 17, 2001--Car Toys, the No. 1 independent car stereo and wireless retailer in the USA, and CobWeb, the West Coast's leading e-commerce provider, today announced the launch of www.CarToys.com. This much anticipated website was designed to be the premier car stereo and wireless site on the Web, and ... Continue reading
NHTSA Executive Director Presents Awards At Lifesavers Conference For Safety Accomplishments
DENVER - Robert Shelton, executive director of the National Highway Traffic Safety Administration (NHTSA), late yesterday presented awards honoring individual and group accomplishments in highway safety at the annual Lifesavers conference in Denver. Lifesavers 2001 is a national four-day conference on highway safety pr ... Continue reading
AAA Reports Gas Prices Rocket 15.5 Cents Higher in Last Month
ORLANDO, Fla.--April 17, 2001--Nationwide, the average price of regular unleaded gasoline has jumped more than 15 cents per gallon to $1.587 and could move higher in the weeks ahead, according to AAA's monthly Fuel Gauge Report. AAA said the large and rapid increase in fuel prices is mainly attributable to high crude o ... Continue reading
Falcon Financial Launches Division to Provide Capital to Car Care Industry
STAMFORD, Conn.--April 17, 2001--The leading provider of long-term capital to the automotive retailing industry, Falcon Financial, LLC, has launched a new division to provide financing to operators of convenience stores, gas stations, quick lube centers and car washes. "Convenience and gasoline retailers and operators ... Continue reading
Chrome Data Corporation Leads the Market in Automotive Data Accuracy
PORTLAND, Ore.--April 17, 2001-- CNW Marketing/Research Study Concludes Chrome is Number One in Data Accuracy and Vehicle Orderability for Second Year in a Row Chrome Data Corporation, an independent business-to-business provider of automotive data, configuration technology and software, today announced it was again ra ... Continue reading
Auteo Media Announces Acquisition of Northwest CarNet, Inc.
SEATTLE--April 17, 2001--Auteo Media, Inc. (OTCBB:AUTM), a leading provider of online media, data, and marketing solutions for the automotive industry, announced today that it has acquired Northwest CarNet, a technology company providing electronic commerce tools to Washington State car dealerships. Northwest CarNet cu ... Continue reading
Nistevo and Avicon Form Strategic Alliance
MINNEAPOLIS--April 17, 2001-- Avicon Adds Nistevo's Collaborative Logistics Network to its Leading Supply Chain Practice to Deliver Powerful Blend of Consulting and Technology Solutions Nistevo Corporation, a leading provider of a Web-based Collaborative Logistics Network(SM), and Avicon, a leading B2B solutions consul ... Continue reading
Rebates Can Come Back to Bite Consumers
Rick Popely in a story published in the Chicago Tribune says that consumers who are giddy about receiving a $2,000 rebate to buy a new vehicle should ponder a sobering thought: “The resale value of that vehicle just dropped $2,000.” The more incentives and discounts that automakers and dealers slap on new v ... Continue reading
Public Dealer Groups Closing Stock Prices Monday April 16,2001
AutoNation, Inc. $8.94 -0.04 Budget Group, Inc. $2.14 -0.01 Capital Automotive $15.65 -0.15 Fidelity Holdings $0.30 unchanged Group 1 Automotive, Inc. $14.00 -0.45 CarMax Group $7.99 unchanged Lithia Motors, Inc. $14.40 -0.06 Rush Enterprises $4.01 +0.38 Sonic Automotive, Inc. $8.30 +0.05 Smart Choice Automotive (OTC B ... Continue reading
GM Profit Expected to Fall to 25 Cents Per Share in First Quarter
Alison Fitzgerald, Bloomberg News reported today that General Motors Corp. will say Wednesday that first-quarter profit fell because the largest automaker cut production to reduce dealer inventories as vehicle sales slowed. Profit will fall to 25 cents a share from $2.80 a year earlier, based on the average estimate of ... Continue reading
Car Rental Direct Closes Additional Financing
LOS ANGELES--April 17, 2001-- GenesisIntermedia.com Inc. (Frankfurt:GIA) today announced that its Car Rental Direct.com subsidiary has completed a round of financing totaling $2.3 million. With a fleet utilization rate exceeding 90 percent, Car Rental Direct is experiencing a high demand for rental vehicles, and is usi ... Continue reading
LHM Fleet Lease To Sell Vehicles Online In Autodaq Open Auction
MENLO PARK, Calif. & SALT LAKE CITY-- April 17, 2001--Autodaq Corporation, an integrated automotive remarketing services company, and LHM Fleet Lease, the wholesale division of the Larry H. Miller Automotive Group, announced today that wholesale used car buyers can buy LHM vehicles online via the Autodaq Open Auction ( ... Continue reading
DIESEL FUEL INJECTION-2001/4/17
Hi: We, China-Lutong mechanical company, located in south east of China, specialized in the supply of VE distributor pump. My name is ChenHwa, the "C.H" is the abbreviation At present. The main products available for us is the hydraulic head of VE distributor pump, which is standard spares in good quality. We can suppl ... Continue reading
ZAP Receives $500,000 Contract from Korea
SEBASTOPOL, Calif.--April 17, 2001--Electric vehicle manufacturer ZAPWORLD.COM has signed a distribution contract in exchange for exclusive distribution rights in Korea. The total contract is worth at least $500,000 for 2001. The new electric vehicle distribution company, ZapKorea, Inc, was incorporated exclusively for ... Continue reading
DIESEL FUEL INJECTION-2001/4/16
Hi: We, China-Lutong mechanical company, located in south east of China, specialized in the supply of VE distributor pump. My name is ChenHwa, the "C.H" is the abbreviation At present. The main products available for us is the hydraulic head of VE distributor pump, which is standard spares in good quality. We can suppl ... Continue reading
DisplaySearch Releases Industry's First Small/Medium LCD Pricing Report
AUSTIN, Texas--April 17, 2001--DisplaySearch, the worldwide leader in FPD market research and consulting, has released the FPD industry's first report dedicated to small/medium LCD pricing. DisplaySearch's "Quarterly Small/Medium LCD Pricing Report" captures prices for LCDs in the following applications -- mobile phone ... Continue reading
GP Announces the Launch of Their Learning Resource Management Service Area
TROY, Mich.--April 17, 2001--General Physics Corporation (GP), a subsidiary of GP Strategies , announced the launch of Learning Resource Management (LRM), a training outsource and management service that provides corporate customers a complete learning solution. GP's LRM takes advantage of existing GP learning manageme ... Continue reading
Palmtop Publishing Earns Prestigious Design Award for PDA Digital Marketing Giveaway Project
First Time New Media Winning Award On Display At the New York International Auto Show in the Jacob Javits Convention Center Through April 22, 2001 SEATTLE--April 17, 2001--The international Society for Environmental Graphic Design (SEGD), headquartered in Washington, DC, has awarded Seattle-based Palmtop Publishing a p ... Continue reading
Simula Inc. Predicts Enhanced Profitability in 2001 Following Planned Debt Refinancing
PHOENIX--April 17, 2001-- "We've Never Missed, and See No Prospect of Missing a Loan Payment," Says CEO Forst, Regarding Loan Dispute With Current Lender Simula Inc. (AMEX:SMU) today announced that it has received from its investment banker a "highly confident" indication about the ability to complete a financing and a ... Continue reading
PHOENIX--April 17, 2001-- One Lender Asserts Non-Monetary Covenant Violation, Triggering Auditor's "Going Concern" Expression; Company Expects to Resolve Matter Fully with Replacement Financing from New Lender Simula Inc. (AMEX:SMU) reported a loss for the fourth quarter and the twelve months ended December 31, 2000. T ... Continue reading
AUSTIN, Texas--April 17, 2001--Trilogy, a leading provider of e-business solutions for the Global 1000, announced today that its automotive retail platform is the e-commerce engine behind Renault's European Web sites for customers and dealers. The initial Trilogy-powered sites -- www.renault.fr, www.renault.co.uk and w ... Continue reading
Chrome Data Corporation Leads the Market in Automotive Data Accuracy CNW Marketing/Research Study Concludes Chrome is Number One in Data Accuracy and Vehicle Orderability for Second Year in a Row Chrome Data Corporation, an independent business-to-business provider of automotive data, configuration technology and softw ... Continue reading
Hometown Auto Retailers Reports 2000 Annual Results
Hometown Auto Retailers Inc. announced audited financial results for the year ended Dec. 31, 2000. Hometown reported revenues of $279.8 million in 2000 compared to revenues of $285.5 million in 1999. Gross profit for 2000 decreased by $1.0 million or 2.7 percent to $35.9 million. Gross profit on sales of new vehicles d ... Continue reading
Pick-ups Plus, Inc. Enters Into $5 Million Financing Agreement
Pickups Plus, a leading retailer and national franchiser in the truck and SUV aftermarket accessories industry, is pleased to announce today that it has recently secured a financing commitment for a $5 million equity line of credit. Under the terms of the agreement, Cornell Capital Partners L.P., a New York based priva ... Continue reading
ThermoElastic Announces Distribution Rights for DISIFIN R OIL CLEAN
ThermoElastic Technologies, Inc. has now acquired the exclusive marketing, distribution, and sales rights to DISIFIN R OIL CLEAN 2000 for the United States and Canada, in addition to the DISIFIN R products acquired earlier this year from the Three G Group. OIL CLEAN 2000 is a revolutionary new decontamination agent for ... Continue reading
PPG Pleased With ITC Injury Finding On Chinese Windshields
PITTSBURGH--April 16, 2001--An executive of PPG Industries expressed satisfaction with a U.S. International Trade Commission (ITC) preliminary finding today that replacement automotive windshields are being imported from China at prices injurious to American producers. "Today's ITC decision is an important step in our ... Continue reading
Carlisle Companies Reports First Quarter Results
SYRACUSE, N.Y.--April 16, 2001--Carlisle Companies Incorporated Reports First Quarter Results. Carlisle Companies Incorporated reported first quarter sales of $463 million and a net loss for the quarter of $10.2 million or $0.33 per share (diluted). After factoring out the effect of a $24.0 million after-tax restructur ... Continue reading
TRACKS: Bloomington Speedway Car Show Set for April 22
April 17, 2001 BLOOMINGTON, IN - Bloomington Speedway's season will begin on April 22 with a car show at the Bloomington Lowe's Home Improvement Warehouse located at 3000 West Third Street in Bloomington from 1:00 to 4:00 PM. Sprint cars O'Neal Wood Products UMP Modifieds, and Tire & Wheel Center Indiana Super Stocks w ... Continue reading
TRACKS: Open Practice at Bloomington Speedway
April 17, 2001 BLOOMINGTON, IN - An open practice session is scheduled for April 27 for all classes scheduled to compete at Bloomington Speedway during the 2001 racing season. Hot laps will begin at 6:30 PM. Bloomington Speedway is widely accepted as the finest quarter mile dirt oval in the Midwest; and promoter Mike M ... Continue reading
NASCAR WCUP: Earnhardt Jr. Talladega Race Preview
April 17, 2001 Dale Jr. Quotes "I really look forward to the races at Talladega. We have a great restrictor plate program at DEI (Dale Earnhardt Inc.) and I think the showing for all three of our teams at Daytona proves that. Finishing first and second in the Daytona 500 was incredible, but you have to look at the enti ... Continue reading
NHRA: Team JEG'S looks to continue winning momentum
April 17, 2001 Reigning NHRA Winston Drag Racing Pro Stock Champion Jeg Coughlin Jr and his new JEG'S Mail Order Chevrolet Cavalier will return to the rain delayed NHRA Mac Tools Gatornationals fresh off of a win. Jeg won the NHRA SummitRacing.com Nationals for the second consecutive year and vaulted from the No .8 pos ... Continue reading
NASCAR WCUP HISTORY: The Great Races: 1985 Talladega Winston 500
April 17, 2001 Ford Racing is in the midst of a year-long celebration marking the 100th anniversary of the start of its racing program with a win by Henry Ford on October 10, 1901. In the next of a series of feature releases, Ford Racing looks back one of its successes in a great race - the 1985 Winston 500. Bill Ellio ... Continue reading
USAR: Gill penalized for altercation with official
April 17, 2001 FAYETTEVILLE, GA – United Speed Alliance Racing has issued defending Series champion Bobby Gill a $2,000 fine, loss of 100 championship points, and suspension, waived in favor of probation, for the remainder of the year for a post-race altercation involving Gill and a USAR official at Ace Speedway ... Continue reading
USAR: History To Be Made Up North This Weekend
April 17, 2001 FAYETTEVILLE, GA – Ready or not the USAR Hooters ProCup Series is making its first venture into beautiful Jenerstown Speedway this Saturday night for the running of the Naturally Fresh Dressings 200 presented by Rolling Rock. Over 40 drivers are expected to attempt to start in this history-making e ... Continue reading
USAR: Veteran Driver Collects Third Career USAR Hooters ProCup Win
April 17, 2001 ALTAMAHAW, NC – What a difference a couple of weeks can make. After suffering a tough finish at the season-opening race in February, Hal Goodson returned to victory lane Friday night. Goodson took the lead on lap 123 from Daniel Johnson and held on the rest of the way to win the Jackaroo Sauces 250 ... Continue reading
NASCAR BGN: Fedewa counts four fenders as a good day at Talladega
April 17, 2001 "Talladega is another one of those places where if it's the end of the race and a team has all four fenders on the car and is on the lead lap, it's been a good day. We haven't had much luck since the first restrictor-plate race of the season. Maybe the second one will help us turn our luck around and get ... Continue reading
USAR: For Tom Pistone, Ace Is Not the Place
April 17, 2001 Altamahaw, NC - USAR Rookie competitor Tom Pistone and the Don Sprouse owned Bully Hill Vineyards Ford Taurus encountered the Friday the 13th curse. The team is competing in the Southern Division this year After a season best 9th place qualifying effort, the team was excited for the race. “We made ... Continue reading
Northern Light IRL: Atlanta 500 Classic Fast Facts
April 17, 2001 WHAT: Atlanta 500 Classic; Third of 13 races in 2001; Indy Racing Northern Light Series season WHERE: Atlanta Motor Speedway, 1.54-mile paved oval WHEN: 7 p.m. (EDT) Saturday, April 28 DISTANCE: 300 miles/200 laps POSTED AWARDS: More than $1 million CARS: Dallara and G Force chassis; Oldsmobile V8 and In ... Continue reading
USAC: Bauer, Meseraull headline Madera 'Doubleheader' Saturday
April 17, 2001 Randy Bauer of Kingston, Wash and Thomas Meseraull of San Jose, Calif. lead their respective USAC series standings entering Saturday night's Sprint Car/Midget Car "doubleheader" at the Madera (Calif.) Speedway. A 30-lap Midget Car and 40-lap Sprint Car feature are on tap following complete prelims on the ... Continue reading
USAC: Kaeding returns to Twin Cities Saturday to challenge Davidson
April 17, 2001 Derek Davidson leads the Stoops Freightliner Sprint Car Series into Saturday night's race at the Twin Cities Raceway Park dirt track with a slim six-point lead over Dave Steele, but third-ranking Bud Kaeding is expected to be a bigger threat to Davidson's lead when the 30-lap feature event gets under way ... Continue reading
INDY 500: Team Target's Junqueira tops speed chart in rookie testing
April 17, 2001 Indianapolis -- Target Chip Ganassi Racing, the defending champions of the Indianapolis 500, returned to the historic 2.5-mile oval this weekend to participate in the annual rookie orientation program. Drivers Bruno Junqueira and Nicolas Minassian completed all phases of the program on Friday morning, al ... Continue reading
NASCAR WCUP: Jerry Nadeau tries to prepare for 'unpredictable' Talladega
April 17, 2001 * Jerry Nadeau's Talladega (Ala.) Superspeedway Driving Guide -- "Talladega is an unpredictable race track. You just never know what's going to happen during the race until the last couple of laps. With the superspeedway aerodynamic package we have now, the race will be exciting for the fans like it was ... Continue reading
NASCAR WCUP: Ken Schrader still unsatisfied with new aero rules
April 17, 2001 Schrader's Thoughts On Talladega... "I still like the new aero rules better than what we had. You know we are all going to be in a big pile, but at least this way we can race. Everyone went to Talladega last fall, kept their noses clean and we put on a great race. I really think that can happen again and ... Continue reading
IROC: True Value IROC News from Talladega
April 17, 2001 Talladega, AL - The True Value IROC team concluded their first day of testing Monday at Talladega Superspeedway in preparation for round two of the 2001, 25th anniversary season. Veteran test drivers Dave Marcis, Dick Trickle, Jim Sauter and Andy Hillenburg were on hand to put the Pontiac Firebirds throu ... Continue reading
NHRA: Mac Tools GatorNationals to resume April 20-21
April 17, 2001 GAINESVILLE, Fla. - The 32nd annual Mac Tools NHRA Gatornationals are scheduled to resume Friday, April 20, with a test and tune session for all five professional classes and seven sportsman categories. Final eliminations will be contested on Saturday, April 21, beginning at 11 a.m. The $2 million dollar ... Continue reading
Chairman/Largest Shareholder Of Ugly Duckling Offers to Purchase Company
PHOENIX--April 16, 2001--Ugly Duckling Corporation , today confirmed that its chairman and largest shareholder, Mr. Ernest C. Garcia II, has made an offer to the Board of Directors to purchase all of the outstanding shares of common stock of the company not already owned by Mr. Garcia. Mr. Garcia currently owns approxi ... Continue reading
J. B. Hunt Transport Services, Inc. Reports Revenues and Earnings for the First Quarter of 2001
LOWELL, Ark.--April 16, 2001--J. B. Hunt Transport Services, Inc., announced first quarter 2001 net earnings of $1.6 million, or diluted earnings per share of 5 cents, compared with 2000 first quarter earnings of $5.0 million, or 14 cents per diluted share. The Logistics segment contributed approximately 4 cents per sh ... Continue reading
Detroit Law Firm Announces the Addition of Patrick Daugherty
DETROIT--April 16, 2001--Patrick Daugherty, a leading business lawyer is joining Foley & Lardner, the nation's 11th largest law firm, after serving as partner at Detroit's Dickinson Wright PLLC. Daugherty joins Foley's Detroit office as partner in the firm's Corporate Securities Group. Daugherty has led numerous highly ... Continue reading
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