Ford to Sell $3 Billion of Car Loans
DEARBORN, Mich. November 19, 2002; Reuters reports that the finance arm of Ford Motor Co. said on Tuesday it was selling $3 billion worth of car loans to Bear, Stearns and Co. in a deal that provides the company with cheap financing for its automotive business while lowering its credit risk. Ford Motor Credit Co. ... Continue reading
GM Works on Plan to Revive Saab
DETROIT John Porretto, AP Auto Writer reported that a major restructuring in the works at General Motors Corp.'s struggling Saab division likely will mean job reductions at the Swedish automaker and other cost-cutting measures in the United States, GM officials said Tuesday. A GM spokesman in Zurich said top management ... Continue reading
Chrysler Group's Certified Pre-Owned Vehicle Program Wins Award for Best Domestic Non-Luxury Program
AUBURN HILLS, Mich., Nov. 19, 2002; IntelliChoice, one of the nation's leading automotive information providers, has named the Chrysler Group's Certified Pre-Owned Vehicle program the best domestic (non- luxury category) certified pre-owned vehicle program in the industry. All Chrysler, Jeep® and Dodge certified pre-o ... Continue reading
New Technology Now Available To Help Parents Monitor Their Teen Drivers
CLEVELAND, Nov. 19, 2002; Now parents can monitor their kids driving habits with new software called TEEN-TRAK that uses Global Positioning System (GPS) technology. This service was created with parents in mind to help alleviate concerns and fears when their teens drive alone or at a higher rate of speed. This system h ... Continue reading
AAA Chicago Expects Thanksgiving Travel to Rise
AURORA, Ill., Nov. 19, 2002; Americans are expected to take to the skies in larger numbers this Thanksgiving period than they did a year ago with overall travel also projected to be up this holiday, according to AAA Chicago. The club estimates that 35.9 million Americans will take a trip 50 miles or more from home this ... Continue reading
Mid-Atlantic Region Cracks Down on Seat Belt Laws
PHILADELPHIA, Nov. 19, 2002; More than 1,100 law enforcement agencies in Delaware, District of Columbia, Maryland, Pennsylvania, Virginia and West Virginia will step up enforcement of seat belt and child restraint laws around the Thanksgiving holiday, November 18 - November 30, in coordination with Click It or Ticket, ... Continue reading
AN EXERPT OF INTEREST FROM TODAY'S STAR: STEWART PREPARES FOR MEDIA BLITZ UNPREDICTABLE NASCAR CHAMP WILL BE IN THE MIDDLE OF IT ALL IN NEW YORK By Curt Cavin curt.cavin@indystar.com November 19, 2002 Tony Stewart would prefer to be the most reclusive NASCAR Winston Cup champion of the modern era. Of course, that won't ... Continue reading
Abel Solutions Inc. Puts NASCAR Sponsors in the Driver's Seat
ATLANTA--Nov. 19, 2002-- Customized Web Sites Leverage Corporate Sponsorship Dollars, Connect Companies with Fans of the Nation's Top Spectator Sport Abel Solutions Inc., an Atlanta-based Web design company, has secured the pole position in the race to link fans of America's #1 spectator sport to the interactive Intern ... Continue reading
ADS Logistics Hires Matthew Neild as Director Marketing & Sales - Automotive
HOMEWOOD, Ill.--Nov. 19, 2002--Metals logistics leader, ADS Logistics, LLC has hired Matthew M. Neild as director marketing & sales - automotive. Neild will be responsible for regional sales in Michigan as well as working with the trading companies and developing new service offerings for the automotive industry. Prior ... Continue reading
Copart Opens in Corpus Christi, Texas
BENICIA, Calif.--Nov. 19, 2002--Copart, Inc. today announced that it has opened its 12th auction facility in the state of Texas. With the addition of this 12-acre greenfield facility Copart now has 99 locations in 40 states. "The new Corpus Christi location is in the central section of the city near the end of Intersta ... Continue reading
HP Provides Goodyear with Worldwide Infrastructure Management from Single HP OpenView Console
PALO ALTO, Calif.--Nov. 19, 2002--HP today announced that The Goodyear Tire & Rubber Company, the world's No. 1 tire maker, has selected HP OpenView software to create a central repository for network, system, database, application and storage management. This decision will allow Goodyear to reduce the number of consol ... Continue reading
SAN DIEGO--Nov. 19, 2002-- With Customized Version of TargetPro, Automotive Companies Can Get Complete View of Their Customers for More Targeted Outreach and Enhanced Market Analysis MapInfo Corporation today announced that it is extending its long-standing partnership with R. L. Polk & Co., the leading provider of aut ... Continue reading
NASHVILLE, Tenn.--Nov. 19, 2002--Schneider National, Inc., the largest privately held truckload carrier in the United States and a recognized innovator in the use of technology to create a competitive advantage has signed a multi-year agreement to implement outsourced scanning with TripPak ONLINE. The agreement also in ... Continue reading
Spartan Motors To Present At Redchip Investor Conference in Phoenix
CHARLOTTE, Mich.--Nov. 19, 2002--Spartan Motors, Inc. , a leading developer and manufacturer of custom chassis for recreational vehicles, fire trucks, ambulances and other specialty vehicles will present at the RedChip Partners(TM) Investor Conference in Phoenix on Nov. 23, 2002. The company's presentation is scheduled ... Continue reading
Team Simpson Autosport 2002 Show presented by Budweiser
The Team Simpson Autosport 2002 Show presented by Budweiser, "The King of Beers", and the Indy Racing League will broadcast live from McGilvery's Speedway beginning at 7:00 pm. This week will be a slightly different show. There has been a challenge to have a "500 Trivia" contest and this week is the showdown. Moderator ... Continue reading
JACKSONVILLE, Fla.--Nov. 19, 2002--Trailer Bridge, Inc. (NASDAQ National Market: TRBR) has earned the DaimlerChrysler Corporation Gold Award for 2001. DaimlerChrysler recognized Trailer Bridge at a ceremony, which took place at Trailer Bridge's corporate headquarters in Jacksonville, FL. This award is presented to sele ... Continue reading
Volkswagen Automates Inspections with ScanSoft Dragon NaturallySpeaking
PEABODY, Mass. & GENT, Belgium--Nov. 19, 2002--ScanSoft Inc. , a leading supplier of imaging, speech and language solutions, today announced that Volkswagen AG has implemented ScanSoft(R) Dragon NaturallySpeaking(R) to automate the vehicle inspection process at their manufacturing plant in Wolfsburg, Germany. The speec ... Continue reading
TOKYO, Japan & TROY, Mich.--Nov. 19, 2002--DELMIA Corp., a Dassault Systemes (DS) Company , reports that the 2002 DELMIA Japan User Conference (DJUC), held on November 6th and 7th at the Westin hotel Tokyo in Japan, was well attended with over 600 participants. DJUC is the largest user conference in the digital manufac ... Continue reading
PITTSBURGH--Nov. 19, 2002-- Anniversary Activities in More than 100 Alcoa Communities Worldwide Recognize Thousands of Employee Volunteers As part of a worldwide celebration of its 50th anniversary, Alcoa Foundation announces a unique international Social Venture Initiative designed to improve the effectiveness and sus ... Continue reading
efiniti mobile Set to Increase Grant County's Emergency Response Time
INDIANAPOLIS & MARION, Ind.--Nov. 19, 2002--Grant County has recently purchased efiniti mobile, developed by Indianapolis-based Plexis Group, LLC as a way for sheriff deputies to utilize GIS when responding to emergencies within the county. According to David Glickfield, Grant County Commissioner, "efiniti mobile is go ... Continue reading
Financial Results of Bombardier Inc. for the Third Quarter Ended Oct. 31, 2002
MONTREAL--Nov. 19, 2002--Bombardier (TSX:BBD.A.) (TSX:BBD.B.): -- Consolidated revenues rise 13% to $5.6 billion for the third quarter -- Net income totals $209.4 million -- Measures taken to increase financial flexibility and reduce costs -- New orders for Bombardier Transportation totalling $7.6 billion since beginni ... Continue reading
International Rectifier Appoints Donald R. Dancer as General Counsel
EL SEGUNDO, Calif.--Nov. 19, 2002--International Rectifier Corporation today announced the appointment of Donald R. Dancer, a 22-year technology-industry veteran, as Vice President, Secretary, and General Counsel. He will report to Alex Lidow, Chief Executive Officer. Mr. Dancer joins the company from General Electric ... Continue reading
SANTA CLARA, Calif.--Nov. 19, 2002--MechVisual Inc., a provider of three-dimensional (3D) robotic vision systems, announced today the release of their turnkey 3D vision guidance package for ABB Inc.'s popular IRB 6600 industrial robot. MechVisual's patented software uses off-the-shelf hardware, and industry standard in ... Continue reading
Motion Industries Employees Elected to Fluid Power Society Board of Directors
BIRMINGHAM, Ala.--Nov. 19, 2002--Two employees of Birmingham-based Motion Industries, Inc., a wholly-owned subsidiary of Genuine Parts Company , have been elected to the Fluid Power Society 2003 Board of Directors, according to Motion Industries president and chief executive officer Bill Stevens. Motion Industries flui ... Continue reading
OYSTER BAY, N.Y.--Nov. 19, 2002--Wireless networks of varying types, capabilities and ranges are slowly pervading society. Advanced 2.5G and 3G cellular networks are only the beginning as other technologies, including wireless local area networks (WLAN), Bluetooth, radio frequency identification (RFID) and even ultra w ... Continue reading
RICHMOND, British Columbia--Nov. 19, 2002-- SmarTire Systems Inc. , a leading developer of tire pressure and temperature monitoring technology, announced today that President and Chief Executive Officer Robert Rudman will be presenting at the Merrill Lynch Automotive Idea Summit at a session entitled "The Value Chain: ... Continue reading
SHREVEPORT, La.--Nov. 19, 2002-- StockPickReport.Com (IARD#119079 - http://www.stockpickreport.com/?src=bw ) makes these stock evaluations for the short term: Nextel Communications - Underperform http://www.stockpickreport.com/?src=nxtl Texas Instruments - Outperform http://www.stockpickreport.com/?src=txn Ford Motor C ... Continue reading
Too Gourmet, Inc. Executes Letter of Intent With German Automotive Technology Company
IRVINE, Calif.--Nov. 19, 2002--Too Gourmet, Inc. (OTCBB:TGOU) is pleased to announce that it has entered into a non-binding Letter of Intent to acquire up to 100% of the outstanding common stock of a German automotive technology and services provider, subject to due diligence review, negotiations and drafting of the de ... Continue reading
JACKSONVILLE, Fla.--Nov. 19, 2002--Trailer Bridge, Inc. (NASDAQ National Market: TRBR) has earned the DaimlerChrysler Corporation Gold Award for 2001. DaimlerChrysler recognized Trailer Bridge at a ceremony, which took place at Trailer Bridge's corporate headquarters in Jacksonville, FL. This award is presented to sele ... Continue reading
Wisedriver Appoints Dominick Davi, CPA as New Independent Auditor
NEW YORK--Nov. 19, 2002--Wisedriver.com, Inc., announced that its Board of Directors has engaged Dominick Davi, CPA as the new independent auditor for the Company. Davi, formerly with Salibello & Broder, LLP (SB), the company's previous auditor, worked on the Wisedriver account while at SB. The Company believes that Da ... Continue reading
Rare Jaguar Valued Over $1 Million to be Sold at Barrett-Jackson's 32nd Annual Scottsdale Auction
SCOTTSDALE, Ariz.--Nov. 19, 2002--One of the most extraordinary of all of Jaguar's road-going cars, the 1957 Jaguar XK SS Roadster, will be offered for sale at the 2003 Barrett-Jackson Classic Car Auction. This extremely rare vehicle is one of only 16 original cars of its type produced by the Jaguar factory in England ... Continue reading
Report: Certified Used Vehicles Account for More Than One-Third of All Late-Model Used-Vehicle Sales
WESTLAKE VILLAGE, Calif.--Nov. 19, 2002-- Lexus is Highest Ranked Nameplate in Customer Satisfaction for Certified Used Vehicles Sales of certified used vehicles have increased 46 percent since 2000, with certified used vehicles comprising an estimated 35 percent of late-model used vehicles sold in 2002(a), according t ... Continue reading
``How Much Should I Really Expect to Pay for That Car?''
IRVINE, Calif.--Nov. 19, 2002-- 96% of Online Survey Respondents Feel Estimated Market Price Will Enhance Their Ability to Get a Fair Price on Their Next Car or Truck Autobytel Inc. , the Internet's largest new car buying service, has rolled out its new vehicle "street" pricing guide, Estimated Market Price(TM) (or EMP ... Continue reading
November 20 'Popular Mechanics Day' In New York City
NEW YORK, Nov. 19, 2002; Mayor Michael Bloomberg has issued a proclamation declaring Wednesday, November 20, "Popular Mechanics Day" in New York City, honoring the publication for its 100 years of publication. In the proclamation, received by Popular Mechanics Editor-in-chief Joe Oldham, the city thanks the magazine an ... Continue reading
Indian Chief Motorcycles Bring in over $80,000 at Schwarzenegger-Sponored Fund-Raisers
Asset Caption: Arnold Schwarzenegger congratulates bidder Matt Masengill on his successful bid to buy one of the Indian(R) Chief(R) motorcycles used in the filming of "T3:Rise of the Machines" Asset Caption: Indian Motorcycle logo Asset Caption: Downloadable headline & body textAsset Description: Text file containing h ... Continue reading
EM Microelectronic Releases Ultra-Low-Power, Low-Voltage Microcontrollers With 4 MUX LCD Driver
COLORADO SPRINGS, Colo.--Nov. 19, 2002-- New Cost-Efficient EM6625/26 Microcontrollers are Ideal for Battery-Operated Devices EM Microelectronic has released the EM6625 and EM6626, two new microcontrollers with a built-in 4 MUX LCD driver consuming only 0.4uA and operating at 1.2V. These circuits are part of EM's new g ... Continue reading
Clean Heavy-Duty Vehicle Technologies and Fuels to Be Held in February 2003
PASADENA, Calif.--Nov. 19, 2002-- Conference to Explore Trends in Advanced Technologies and Fuels for On- and Off-Road Heavy Duty Vehicles WestStart, the U.S. Army National Automotive Center, and the U.S. Department of Transportation are hosting the Third Annual, "Clean Heavy-Duty Vehicles: Setting the Direction for Ad ... Continue reading
UAW Files $3.5 Million WARN Act Lawsuit Against PACCAR
NASHVILLE, Tenn., Nov. 19, 2002; The United Auto Workers filed a $3.5 million lawsuit against PACCAR, Inc. in federal court in Nashville today. The legal action charges that some 500 members of UAW Local 1832, who received layoff notices on August 26, 2002 were cheated out of seven weeks worth of paychecks when the com ... Continue reading
Web Site Chooses Their November 2002 Best Bargains
LOS ANGELES--Nov. 19, 2002-- Rock-Bottom Finance Rates and Strong Incentives Combine to Create the Most Tempting New Car Buying Environment Yet CarsDirect.com, the leading multi-brand online car buying service, today announced its November 2002 Best Bargains list. Vehicles included on the list are selected each month b ... Continue reading
Car Care Tops the List of Thanksgiving Preparations
NEW YORK, Nov. 19, 2002 -- As Americans get ready for Thanksgiving, car care tops the list of pre-holiday preparations, according to a recent survey conducted by the Car Care Council. Both men and women say they are more likely to make sure the car taking them to Thanksgiving dinner is prepared for the trip (66 percent ... Continue reading
The Planning Edge's 2002 Branding Study
FARMINGTON HILLS, Mich., Nov. 19, 2002; -- According to The Planning Edge's 2002 Supplier Branding Study® the integration of interior features, entertainment systems and advanced electronics, as well as people's increased sensitivity to safety systems are driving expanded consumer interest in branded automotive compon ... Continue reading
GM's Saab Unit Planning to Restructure as Losses Mount
Detroit November 19, 2002; Dow Jones reported that Saab facing mounting losses, is planning a major restructuring, including job cuts and a ratcheting down of the quirky luxury brand's expansion dreams, Tuesday's Wall Street Journal reported. Saab's losses are likely to total several hundred million dollars this year, ... Continue reading
To Be or Not to Be - That Is the Question ... What Lies Ahead for U.S. Automotive Suppliers?
HOUSTON--Nov. 19, 2002--Researched by Industrialinfo.com (Industrial Information Resources Incorporated; Houston). It won't come as news to anyone in the business that U.S. tier suppliers to the automotive industry are in big trouble. What is news, ominous news, is the ever-increasing number of suppliers that have join ... Continue reading
Delphi Launches First Product in New Electronics Cooling System Line
LOCKPORT, N.Y., Nov. 18 , 2002; Delphi Harrison Thermal Systems, a division of Delphi Corporation, is applying its thermal core competencies to the electronics cooling industry with this month's debut of the Delphi ECS Enclosure Blower, the first product in a line of Delphi Electronics Cooling Systems (ECS). The Delphi ... Continue reading
Car and Driver Magazine Launches Syndicated Radio Show
ANN ARBOR, Mich., Nov. 18 -- Car and Driver, the world's largest automotive enthusiast magazine, is expanding its reach with a new radio program to be syndicated across the United States. The new Car and Driver radio show will be hosted by award-winning veteran Alan Taylor. "Our new radio program will expand our automo ... Continue reading
Aston Martin Spotlights the Cars of Secret Agent James Bond at L.A. Auto Show
LOS ANGELES, Nov. 18, 2002; For nearly 40 years, Aston Martin and British secret agent 007 have been synonymous with panache. From thrilling high-speed car chases with the villains' henchmen to romantic interludes with his leading ladies, James Bond has closely relied on his Aston Martins for luxury, performance and cu ... Continue reading
7 GM Lucky Number-Court Upholds Ruling for GM in Hummer Grille Case
DETROIT, Nov 18, 2002 Reuters reported that a U.S. appeals court on Monday upheld a ruling that the grille design of General Motors Corp.'s Hummer H2 sport utility vehicle does not infringe on DaimlerChrysler AG's Jeep brand. DaimlerChrysler had sought an injunction last year to force GM to change the Hummer grille, sa ... Continue reading
Dana Corporation Completes Sale of Several Non-Core Businesses
TOLEDO, Ohio, Nov. 18, 2002; Dana Corporation announced today that it has completed the sale of several non-core businesses to The Riverside Company, a leveraged buyout firm. Proceeds from the sale were approximately $33 million, and the transaction was not material to the company's results of operations. Terms of the ... Continue reading
2003 Urban Wheel Awards Set for Jan. 7
DETROIT, Nov. 18 -- On Wheels Inc., the publishing arm of African Americans On Wheels and Latinos On Wheels magazines, today announced the 7th Annual Urban Wheel Awards (UWA) ceremony will be held on Tuesday, Jan. 7. The invitation-only event, scheduled to begin at 6 p.m., will take place at The Detroit Institute of Ar ... Continue reading
Competitive Technologies Announces Innovative Automotive Safety Systems
FAIRFIELD, Conn., Nov. 18, 2002; Competitive Technologies, Inc. announced today that it has signed an agreement as licensing agent for two new patented electronic vehicle safety devices: a brake light emergency-stop warning system, and a micro-electromechanical system (MEMS) technology that warns of rollover possibilit ... Continue reading
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