Mitsubishi Motors Reports June Sales Up 12.6%
CYPRESS, Calif., July 2 -- Mitsubishi Motor Sales of America, Inc. (MMSA) today reported June sales of 22,388 units, moving Mitsubishi's year-to-date sales up to 173,590 units, 12.6 percent ahead of last year."We remain very positive about the outlook for 2002," said MMSA President and COO Pierre Gagnon. "We expect to ... Continue reading
Isuzu June U.S. vehicle sales off 36.2 pct
DETROIT, July 2 Reuters reported following are Isuzu Motors Ltd U.S. sales of light trucks in June 2002 compared with the same year-earlier month and for the year to date. June 2002 June 2001 % Change All Vehicles 5,944 9,674 -36.2% Domestic Car 0 0 N.A. Domestic Truck 3,331 7,849 -55.9% Import Car 0 0 N.A. Import Truc ... Continue reading
TORRANCE, Calif., July 2 -- Strong demand for the MDX luxury SUV and the RSX sports coupe drove June Acura sales to 15,043, up 1.0 percent compared to last year, according to sales figures released today by American Honda Motor Co., Inc."These two vehicles have struck a chord with consumers," said Dick Colliver, execut ... Continue reading
American Honda Light Truck Sales Soar as Pilot Takes Off in First Full Month
TORRANCE, Calif., July 2 -- Heavy demand for American Honda's recently expanded light truck lineup pushed total truck sales up 41.9 percent to an all-time record of 36,178 units in June, while overall vehicle sales increased by 1.8 percent to 109,958.The all-new Honda Pilot SUV made a strong presence in its first full ... Continue reading
Kia Numbers Continue to Increase; June Sales Up Six Percent
IRVINE, Calif., July 2 -- Kia continued its string of record sales increases in the month of June, despite slowing by the industry as a whole. The company sold 22,498 vehicles, outpacing last June's total by six percent. Kia's year-to-date sales of 121,215 vehicles are up 19 percent versus sales in the same period last ... Continue reading
No Sob Story - Saab Cars USA - June Sales Up 21%
NORCROSS, Ga., July 2 -- Saab Cars USA reported sales of 3,981 Saab 9-3 and 9-5 automobiles in June. This marked a 21 percent increase over June 2001 sales of 3,286 units to log the fifth straight month of sales increases over last year. In a year when overall automotive sales in the U.S. are down nearly 3 percent, Saa ... Continue reading
Toyota Reports Strong June Sales
TORRANCE, Calif., July 2 -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported its best-ever first-half sales in 45 years of business in the U.S. with calendar-year-to-date (CYTD) sales of 878,354, up 2.2 percent, topping last year's record first-half. Toyota also posted its best-ever second-quarter with sales of 4 ... Continue reading
GM New Car 0% Incentives Heats Up Summer
FOR RELEASE: July 2, 2002 GM Announces New "Summerdrive" Marketing Program 0.0% Financing is Back! Detroit -- General Motors Corp. today announced "Summerdrive," the latest of GM's simple, compelling retail marketing programs. Effective today, GM will offer customer cash or APR financing rates of up to 0.0/0.0/0.0% (36 ... Continue reading
2004 GMC Envoy XUV Introduced - Its Coool Man
FOR RELEASE: July 1, 2002 DETROIT- General Motors' GMC division has dramatically raised the bar of sport utility functionality with the introduction of the revolutionary 2004 GMC Envoy XUV. Envoy XUV, an exclusive GMC product, is the most adaptable SUV ever offered with unprecedented levels of versatility, functional i ... Continue reading
Suzuki Aerio Sales Up 124 Percent Over Last Month
BREA, Calif., July 2 -- American Suzuki Motor Corporation's (ASMC) monthly sales totaled 6,206 vehicles in June, down three percent year-to-date. In its third full month of sales, the new Suzuki Aerio posted 2,162 sales for June -- a 124 percent increase over May 2002. The XL-7 logged 2,423 sales, boosting sales of the ... Continue reading
Volkswagen Reports June Sales - Down 5% Y/Y
AUBURN HILLS, Mich., July 2 -- Volkswagen of America, Inc. today reported June sales of 32,659, representing a five percent decline versus last year's record-setting mark of 34,375. Total year-to-date sales figures stand at 170,019 versus 2001's total of 173,026. Volkswagen remains the nation's top-selling European bra ... Continue reading
AUBURN HILLS, Mich., July 2 -- Audi of America, Inc. reported June sales of 7,299 representing a shortfall when compared to June 2001, the best sales month in company history with a total of 9,317 sales. For the year, the German luxury carmaker is slightly behind of last year's record-setting pace. Audi's year-to-date ... Continue reading
FOR RELEASE: July 2, 2002GM Announces Strong June Sales Total June Sales Up 4 Percent Truck Sales Up 6 Percent GM Trucks And Utilities Continue To Set Industry Benchmark GM Announces June Production Results, Second Quarter Production Results, Third Quarter Production Forecast Remains Unchanged DETROIT - General Motors ... Continue reading
Cadillac at Goodwood Festival of Speed
FOR RELEASE: June 28, 2002 DETROIT - While the graceful arc of a finely crafted fender and the stately formality of classic coachwork may seduce the eye, it is the powertrain that is the heart and soul of a great automobile. For those who seek inner beauty there will be dozens of historically significant engines among ... Continue reading
Texas Group Concern Grows About Dangerous Police Cruiser
CORPUS CHRISTI, Texas, July 2 -- The following press release is being issued by the Corpus Christi law firm of Perry & Haas, L.L.P. Nueces County officials today sued Ford Motor Co. on behalf of all Texas counties and cities, citing growing concerns over the safety of Ford's premier police cruiser -- the Crown Victoria ... Continue reading
Chrysler Group Reports U.S. June Sales
AUBURN HILLS, Mich., July 2 Chrysler Group reported U.S. sales of 202,822 units for June, a four percent decline compared to the same period last year.Sales of the company's newest products continued to post strong results, despite weaker industry sales last month. Sales of the Chrysler PT Cruiser set a June record wit ... Continue reading
Mercedes-Benz USA Records Best First-Half Ever
102,927 Mercedes-Benz Vehicles Sold in U.S. Year-to-date MONTVALE, N.J., July 2 -- Mercedes-Benz USA (MBUSA) reported its best first-half of the year ever with sales of 16,159 new vehicles for June 2002, bringing the year-to-date total to 102,927, a 2.7 percent increase versus the same period last year."We're happy tha ... Continue reading
Porsche Cars North America Reports June U.S. Sales; Sales up 10 Percent
ATLANTA, July 2 -- Porsche Cars North America, Inc., (PCNA), importer and distributor of Porsche sports cars in the United States, today announced U.S. retail sales for June totaled 2,134 cars, a 10 percent increase over the same period last year. In addition, 911 sales continued their upward trend. Last month was the ... Continue reading
Ford Motor Company's June U.S. Sales Declined 10.6%
DEARBORN, Mich., July 2 U.S. customers purchased or leased 337,300 cars and trucks from Ford, Mercury, Lincoln, Jaguar, Volvo, and Land Rover dealers in June, down 10.6 percent compared with a year ago.Year-to-date, the company's U.S. sales totaled 1.8 million, down 10.7 percent compared with a year ago.The Ford Expedi ... Continue reading
Subaru Reports June Sales; Forester Sales Establish New June Record
CHERRY HILL, N.J., July 2 -- Subaru of America, Inc. (SOA), a pioneer of crossover all-wheel-drive vehicles designed for the active lifestyle, released sales figures today for the month of June. Subaru recorded total sales of 15,695 units for the month, a decrease of 11 percent from last year's record June total. To da ... Continue reading
BMW Group Reports Best First Half Ever
WOODCLIFF LAKE, N.J., July 2 -- The BMW Group (BMW and MINI brands combined) continued to set sales records, reporting the best first-half ever in the U.S. with 124,475 vehicles and a 16 percent increase over the same period a year ago. The BMW Group also recorded June sales of 22,465 vehicles, up 10 percent over the 2 ... Continue reading
Hyundai Sales for June Set Another All-Time Record
FOUNTAIN VALLEY, Calif., July 2 -- Hyundai Motor America today announced sales of 37,007 vehicles for the month of June. "This is our 17th consecutive month of record-setting sales. And for the second straight month we established a new all-time sales record," said Hyundai's Vice President of Sales Robert Cosmai. "June ... Continue reading
Infiniti Reports June Sales Sales Up 23.2 Percent Versus Last Year
GARDENA, Calif., July 2 -- Infiniti, the luxury division of Nissan North America, Inc., today reported sales of 6,971 units, a 23.2 percent increase versus last year.A key contributor to this increase was the new 2003 G35 sport sedan, which reported sales of 3,044 units.Rounding out the Infiniti lineup, I35 posted sale ... Continue reading
Nissan Division Reports June Sales - Altima Demand Remains Strong in June
GARDENA, Calif., July 2 -- Led by solid sales of the 2002 Altima, Nissan Division reported today sales of 54,361 for the month of June. June totals declined 2.4 percent compared with year ago levels.The award-winning Altima continued its sales momentum with June sales totaling 17,773 units, a 39.4 percent increase vers ... Continue reading
Chrysler Announces Pricing for Powered Up 2003 PT Turbo
AUBURN HILLS, Mich., July 2-- Chrysler PT Cruiser customers impressed with the new PT Turbo's added power will be equally impressed with the price. Chrysler announced pricing today for the 2003 Chrysler PT Turbo, which will feature a base Manufacturer Suggested Retail Price (MSRP) of $22,290. The new 2003 Chrysler PT T ... Continue reading
Corinthian Colleges Completes Acquisition Of Wyoming Technical Institute and Its Two Campuses
SANTA ANA, Calif., July 2 -- Corinthian Colleges, Inc. today announced that it has completed the acquisition of all of the outstanding stock of Wyo-Tech Acquisition Corp. (WyoTech). The acquisition price of approximately $84.4 million was funded from available cash and $43 million of debt from the company's recently co ... Continue reading
Three tables: child restraint laws, safety belt use laws, and children not covered by safety belt or child restraint laws. ... Continue reading
Results Of Small SUV 5 MPH Crash From IIHS - 2003 Subaru Forester Best
5 MPH CRASH TESTS OF 4 SMALL SUVs: 1 IS GOOD, BUT PERFORMANCES OF 3 OTHERS ARE RATED POOR ARLINGTON, VA -- In low-speed crash tests, the bumpers on the redesigned 2003 Subaru Forester performed well, preventing extensive damage in 5 mph impacts. However, the bumpers on three other new or redesigned small sport utility ... Continue reading
I have reports that some people didn't receive this release so I am sending again. thanks, Kevin MOORE PAVES WAY TO VICTORY LANE SATURDAY NIGHT AT LEBANON VALLEY June 30, 2002 West Lebanon, NY-Chris Moore captured the victory in the 30-lap DIRT modified feature at Lebanon Valley Saturday night. It was the first victory ... Continue reading
Hydro Aluminium Step Up Production of Engine Blocks
OSLO, Norway--July 2, 2002--Hydro Aluminium has developed an all aluminium engine block for a new high volume diesel engine. On the basis of a serial production order for this engine block and with prospects for new orders for aluminium blocks, the board of Norsk Hydro has approved a major expansion of VAW alucast, Dil ... Continue reading
Nation's First Alternative Fuel Vehicle Center
SAN DIEGO--July 2, 2002-- Regional Transportation Center Will Showcase Benefits of Alternative Fuel Vehicles When It Opens in May 2003 Construction is now underway on the nation's first Regional Transportation Center (RTC), a $17.9 million, 60,000-square-foot state-of-the-art facility designed to educate people about t ... Continue reading
Fujisawa Named President of Hitachi Automotive Products USA, Inc.
BRISBANE, Calif.--July 2, 2002--Hitachi America, Ltd., a subsidiary of Hitachi, Ltd., , today announced that Masaaki Fujisawa has been named president and CEO of Hitachi Automotive Products (USA), Inc. Mr. Fujisawa succeeds Taiji Hasegawa, who has returned to the Hitachi, Ltd. Automotive Products Group in Japan as gene ... Continue reading
The Biggest July Fourth Bang for Your Buck
BETHESDA, Md., July 2 -- Be grateful that your family car doesn't run on charcoal starter fluid this Fourth of July weekend. Compared with the cost of typical holiday items, filling up the gas tank and hitting the road is a bargain at $1.40 a gallon, according to the Automotive Aftermarket Industry Association (AAIA). ... Continue reading
Woodside Edges Closer to the Top of the Southwest Series
Contacts: Barbara Evans, Evans MMPR 661/287-5842 704/662-9724 818/404-5770 (cell) evansmmpr@earthlink.net FOR IMMEDIATE RELEASE WOODSIDE EDGES CLOSER TO THE TOP OF THE SOUTHWEST SERIES July 1, 2002 (Saugus, Calif.) - Sean Woodside, driver of the #45 Lucas Oil/Ron's Rear Ends Chevrolet in the Featherlite Southwest Serie ... Continue reading
PITTSBURGH--July 1, 2002--Alcoa Inc. announced today that it has completed its previously announced agreement to acquire Chicago-based Ivex Packaging Corporation. Shareholders of Ivex will receive $21.50 per share in cash. The acquisition excludes Ivex's 48.2% interest in Packaging Dynamics Corporation, which will be d ... Continue reading
AP Style Results from Southern National
Official Race Results USAR - Hooters ProCup Series Lennox 250 Presented by Capital Ford of Goldsboro June 29, 2002 Southern National Speedway - Kenly, North Carolina 1. (9) Bobby Gill, Dalton, GA, Ford, 257, $11,500 2. (13) Shane Huffman, Hickory, NC, Ford, 257, $5,500 3. (11) Shane Wallace, Mooresville, NC, Ford, 257, ... Continue reading
Carefree Lifestyle Announces Opening of New Miami Location
MIAMI--July 1, 2002--Gary Maratta, President of Automax Group, Inc. (Pink Sheets:AUMX) is proud to announce the opening of a new location in downtown Miami for the Carefree Lifestyle subsidiary. The new location helps better serve the South Florida region with comprehensive coverage. The Company Automax Group Inc. cons ... Continue reading
Formula Ford 2000 Zetec Championship Points
Formula Ford 2000 Zetec Championship Points Pos. Driver, Car Pts. 1 Bryan Sellers, VDF 178 2 Jeffrey Jones (R), VDF 145 3 JW Urlin, MF 139 4 Sean McIntosh (R), VDF 135 5 Tonis Kasemets, VDF 133 6 Lawson Aschenbach (R), VDF 123 7 Mark Wilkins (R), VDF 115 8 Anthony Massari (R), VDF 98 9 Travis Irving (R), VDF 98 10 Edou ... Continue reading
Fw: Updated USAR Southern Division Pts.
----- Original Message ----- From: Tim Southers To: Tim Southers Cc: Joe Ligon ; Amy Johnson ; Anita Hallman ; Bobby Totten ; Brian Drebber ; Chris Larson ; Eric Swaringen ; Gavin Boddell ; Gene Crane ; Joe Moore ; Lou Charlip ; Matt Dilner ; Rick Benjamin ; Ryan McGee ; Stephen Cox ; Steve Byrnes ; Tim Director Sent: ... Continue reading
AMA / Chevy Trucks US Superbike Championship Round 11: Brainerd Int'l Raceway, Brainerd, MN June 28-30, 2002 American Honda's Nicky Hayden won his seventh AMA Superbike race of the season, this one a thrilling affair on a sweltering day at Brainerd International Raceway in Brainerd, Minnesota. Teammate Miguel DuHamel w ... Continue reading
2002 USAR Hooters ProCup Series race Facts WHAT: Hooters ProCup 250 presented by Buffalo Nickel Buffalo Burgers at Hooters USAR Hooters ProCup Series Race #17 of 32 (Northern Division Race #8) WHERE: Kil-Kare Speedway - Xenia, OH .375 mile, semi-banked asphalt oval WHEN: Friday, July 5, 2002 DISTANCE: 250 Laps/93.75 Mi ... Continue reading
DALLAS--July 1, 2002--Fuel Rewards(R), the leader in gasoline-related consumer rewards programs announced today that consumers using its in-store free gas promotion have received more than $6.5 million in free gas vouchers in the first six months of 2002. The free gas program, now in its third year at grocery retailers ... Continue reading
RACE REPORT - SATURDAY, JUNE 29 - IRWINDALE SPEEDWAY ... THANKS!
IRWINDALE SPEEDWAY RACE REPORT - SATURDAY, JUNE 29, 2002 BY TIM KENNEDY First-time winner Tony Bruncati and four-time winner Rip Michels collected trophies in a pair of NASCAR Jani-King Super Late Model twin-50-lap main events Saturday at Irwindale Speedway. A Pick Your Part demolition derby and a spectacular 15-minute ... Continue reading
Shane Wallace Southern Nat'l Post Race Report
----- Original Message ----- From: Bbushu@aol.com To: usar@bellsouth.net Sent: Monday, July 01, 2002 11:30 AM Subject: Shane Wallace Southern Nat'l Post Race Report Tim: I hope this finds all well with you. Sorry I did not get the chance to speak with you this past weekend - I think we were both pretty busy. Attached p ... Continue reading
S&P Global Credit Markets Digest -- Update
NEW YORK--July 1, 2002-- Here is the current lineup of top articles and research from Standard & Poor's Credit Information Services: COMING UP: -- The Credit Costs of Partial Electric Restructuring -- Valero Energy -- Industry Report Card: Oil & Gas -- Industry Report Card: European Health Care -- Industry Report Card: ... Continue reading
BOULDER, Colo.--(BW SportsWire)--July 1, 2002--Greg LeMond, America's first international cycling star, announced today that he will be the official starter for the 2002 Saturn Cycling Classic presented by the Saturn VUE(TM). The Saturn Cycling Classic is considered by many to be "the toughest one-day race on Earth." L ... Continue reading
USAR Southern National Speedway
Tim Southers USAR Media Relations (770) 719-0204 usar@bellsouth.net www.usarprocup.com Gill Survives Night at Southern National Kenly, NC (June 30, 2002) - Most of the time you have to have a great car to win in the USAR Hooters ProCup Series. Sometimes you need a little luck to go with the car. Saturday night Bobby Gi ... Continue reading
PHOENIX--July 1, 2002--Action Performance Companies, Inc. (Company) , the leader in the design, marketing, promotion, and distribution of licensed motorsports merchandise, today announced the acquisition of the McArthur Towel and Sports businesses (McArthur), a privately held marketer of event and team towels, terry pr ... Continue reading
Asbury Automotive Group Schedules Release of Second Quarter Results and Conference Call
STAMFORD, Conn.--July 1, 2002--Asbury Automotive Group, Inc. , one of the nation's largest automotive retailers, today announced that it will release its second quarter financial results before the market opens on July 25, 2002. Senior management, including Kenneth B. Gilman, President and CEO, and Thomas F. Gilman, Se ... Continue reading
Asbury Automotive Group Schedules Release of Second Quarter Results and Conference Call
STAMFORD, Conn.--July 1, 2002--Asbury Automotive Group, Inc. , one of the nation's largest automotive retailers, today announced that it will release its second quarter financial results before the market opens on July 25, 2002. Senior management, including Kenneth B. Gilman, President and CEO, and Thomas F. Gilman, Se ... Continue reading
Asbury Automotive Group Schedules Release of Second Quarter Results and Conference Call
STAMFORD, Conn.--July 1, 2002--Asbury Automotive Group, Inc. , one of the nation's largest automotive retailers, today announced that it will release its second quarter financial results before the market opens on July 25, 2002. Senior management, including Kenneth B. Gilman, President and CEO, and Thomas F. Gilman, Se ... Continue reading
DURA Automotive to Webcast 2002 Second-Quarter Results Conference Call Tuesday, July 23
ROCHESTER HILLS, Mich.--July 1, 2002-- Webcast is Live at 11 a.m. Eastern DURA Automotive Systems, Inc. , today announced it will host a live Webcast of its 2002 second-quarter results conference call Tuesday, July 23, at 11 a.m. Eastern. Management will discuss the 2002 second-quarter results, as well as the outlook f ... Continue reading
TripPak EXPRESS Fires Up Canadian Drop Box Network
NASHVILLE, Tenn.--July 1, 2002--The TripPak EXPRESS drop box network is now available in Canada in an initial 15 truck stops in key locations from British Columbia to New Brunswick -- with a strong presence in Ontario. Coinciding with Canada Day, July 1st, the appearance of the familiar yellow TripPak EXPRESS drop box ... Continue reading
Ward's Reports Estimated Production
SOUTHFIELD, Mich., July 1 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 96,494 units, down from the 359,119 cars and trucks built last week, according to Ward's Automotive Reports.Including this week's estimates, calendar year North American output now totals 8,868,247 v ... Continue reading
Advance Auto Parts Closes on New Term Loan
ROANOKE, Va., July 1 Advance Auto Parts, Inc. today announced it has amended its Credit Agreement dated November 28, 2001 which matures on November 30, 2007 and has closed on a new $250 million Tranche C term loan, which replaces its existing Tranche B term loan. The Tranche B loan was initially issued for $305 million ... Continue reading
HeafNet Rewards Attracts More Than 2,500 Tire Dealers in Its First Year
CHARLOTTE, N.C.--July 1, 2002--A year after introducing the industry's first online rewards program for independent tire dealers, Heafner Tire Group, which will change its name to American Tire Distributors on July 4, said today that more than 2,500 dealers nationwide are participating in HeafNet(R) Rewards. To celebra ... Continue reading
Ward's Reports Estimated Production
SOUTHFIELD, Mich., July 1 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 96,494 units, down from the 359,119 cars and trucks built last week, according to Ward's Automotive Reports.Including this week's estimates, calendar year North American output now totals 8,868,247 v ... Continue reading
'Booze It & Lose It' Nets 35 Impaired Driving Arrests at Five Checkpoints
RALEIGH, N.C., July 1 -- Thirty-five impaired drivers were arrested at five multi-agency "Booze It & Lose It" impaired driving checkpoints around the state during the first weekend of the summer 2002 "Booze It & Lose It" campaign.The state's three breath-alcohol testing mobile units, better known as BATMobiles, were us ... Continue reading
WOODCLIFF LAKE, N.J., July 1 -- 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 debut as Jam ... Continue reading
DENSO International America :Takeuchi Promoted to Chair and CEO; Matsushita Named President and COO
SOUTHFIELD, Mich., July 1 -- DENSO International America, Inc., North American headquarters for Japan-based DENSO Corporation, today announced that its president and chief executive officer (CEO), Mitsunobu Takeuchi, will move up to chair and CEO, effective July 1, 2002. Mitsuo Matsushita, former executive vice preside ... Continue reading
AAA Michigan Has Tips to Help Your Car Keep Its Cool
DEARBORN, Mich., July 1 -- As the mercury starts to climb this summer, AAA Michigan reminds motorists that special precautions are needed to ensure safe driving when temperatures stay above 90 degrees. "Extended periods of heat are tough on a vehicle and can leave motorists stranded in dangerous situations," says Richa ... Continue reading
Ford Credit Offers Financial Relief to Western U.S. Fire Victims
DEARBORN, Mich., July 1 Ford Credit is offering customers affected by the recent fires in the Western U.S. the opportunity to delay some car payments. Ford Credit's Disaster Relief Program allows qualified customers to skip one or two monthly payments, resuming their regular payment schedules when their situations impr ... Continue reading
USAR Updated Southern Division Pts. Standings
POS. CAR # DRIVER HOMETOWN POINTS 1 5 Bobby Gill Dalton, Ga 1515 2 92 Hal Goodson Darlington, SC 1190 3 22 Jason Sarvis Myrtle Beach, SC 1171 4 16 Steven Christian Buford, GA 1147 5 84 Shane Huffman Hickory, NC 1118 6 28 Michael Ritch High Point, NC 1076 7 23 Toby Robertson Winston Salem, NC 1042 8 33 Billy Mowery R Pi ... Continue reading
Theys Holds On To Rolex Sports Car Series Points Lead
EDITORS NOTE: Additional information may be requested from: Grand American Road Racing Association Communications Christie Hyde (386) 681-4182; email: CHyde@grand-am.com *********************************************************** ********* Theys Holds On To Points Lead DAYTONA BEACH, Fla. (July 1, 2002) -- The Rolex Sp ... Continue reading
Bridgestone Profit 5% Above Forcast -Nihon Keizai Shimbun
TOKYO, July 2 Reuters repeated that Bridgestone Corp, Japan's largest tyre-maker, is expected to post a group net profit 4.6 percent above its initial estimates for calendar 2002, the Nihon Keizai Shimbun said on Tuesday. The business daily said consolidated net profit for the year was expected to be 68 billion yen ($5 ... Continue reading
Kia Motors June sales down 11.8 pct
SEOUL, July 2 Reuters reported that South Korea's second largest vehicle maker Kia Motors Corp said on Tuesday its June sales fell 11.8 percent from a year earlier to 70,359 units. Exports in June fell 20.3 percent to 35,353 units from the same month last year, while domestic sales were down 1.0 percent to 35,006 units ... Continue reading
Ford, GM Launch Incentive Programs
DETROIT AP reported that Ford is offering cash rebates of as much as $3,000 and financing as low as zero percent on some vehicles starting Tuesday. General Motors Corp. also will offer zero-percent financing on some vehicles starting Tuesday, GM dealers said. Ford's cash rebates range from $500 on the Ford Escape to $3 ... Continue reading
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Vehicle manufacturers and alt fuels.
