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November 2001

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Tuesday, November 20, 2001

Peugeot's 307 Named European Car Of The Year...Not Available In America

Peugeot's 307 Named European Car Of The Year...Not Available In America

PARIS, Nov 20 Reuters reported that the PSA Peugeot Citroen's 307 sporty compact car, launched in April to rival Volkswagen's best-selling Golf, was named car of the year by a panel of 55 European journalists, the French automaker said on Tuesday. The 307, of which 250,000 have been sold to date, beat off competition f ... Continue reading

Liberty Mutual Joins State Farm and Settles New Jersey Car Insurance Rate FIGHT

Liberty Mutual Joins State Farm and Settles New Jersey Car Insurance Rate FIGHT

TRENTON, N.J., Nov 20 Reuters reported that Liberty Mutual Fire Co. and an affiliate have reached a settlement with New Jersey regulators allowing it to raise car insurance rates slightly after more than a year of legal wrangling. They reported that the New Jersey Department of Banking and Insurance, which has been scr ... Continue reading

100 year Old Federal-Mogul Obtains Final Approval of $675 Million Debtor-In-Possession Loan to Fund Operations...WHA HAPPENED?

100 year Old Federal-Mogul Obtains Final Approval of $675 Million Debtor-In-Possession Loan to Fund Operations...WHA HAPPENED?

SOUTHFIELD, Mich., Nov. 20 -- Federal-Mogul Corporation today received final court approval of $675 million of debtor-in- possession (DIP) financing provided by J.P. Morgan Chase & Co. to supplement liquidity and fund operations during its financial restructuring process. Included in the order was the authorization for ... Continue reading

Real Cool: MobileAria Demonstrates First True Hands Free Voice-Enabled In-Vehicle Telematics Service

Real Cool: MobileAria Demonstrates First True Hands Free Voice-Enabled In-Vehicle Telematics Service

Editors Note: When we decided to view the Demo, we were frankly ready to be underwhelmed by what we thought was just another attempt to catch the Telematics Wave....but boy were we impressed! Here's the story right from the horses mouth: MobileAria Inc., the pioneer in True Hands Free, voice-enabled productivity servic ... Continue reading

Uniroyal Names Erwin-Penland Agency of Record

Uniroyal Names Erwin-Penland Agency of Record

GREENVILLE, S.C., Nov. 20 -- The Uniroyal tire brand announced today that it has awarded its advertising account to Greenville- based Erwin-Penland Inc. The announcement comes after an agency review process that included several candidates. Uniroyal placed its brand account in review earlier this year after refocusing ... Continue reading

Goodyear Names Stephanie Wernet(A Real Live Internet Person)to Lead North American Tire e-Business

Goodyear Names Stephanie Wernet(A Real Live Internet Person)to Lead North American Tire e-Business

AKRON, Ohio, Nov. 20 -- The Goodyear Tire & Rubber Company has named Stephanie K. Wernet, director of e-Business for its North American Tire business unit.Wernet, 34, will be responsible for the world's largest tiremaker's efforts to utilize Internet technologies to provide customers in the United States and Canada wit ... Continue reading

Hybrid Car Test Ride And Drive In Sacramento

Hybrid Car Test Ride And Drive In Sacramento

WASHINGTON, D.C.--Nov. 20, 2001--Today the Electric Vehicle Association of the Americas (EVAA) announced that it will have the greatest number and diversity of fuel cell electric vehicles ever gathered in the U.S. for demonstration as part of its upcoming event, the ``Electric Transportation Industry Conference: Batter ... Continue reading

Biometric HandReader From Ingersoll-Rand, Will Losing The Keys Be A Thing Of The Past?

Biometric HandReader From Ingersoll-Rand, Will Losing The Keys Be A Thing Of The Past?

WOODCLIFF LAKE, N.J.--Nov. 20, 2001--In order to show how biometric technologies can help safeguard air travelers, Rep. Adam Schiff, D-Calif., today demonstrated a Recognition Systems' hand geometry biometric system to public safety officials at Burbank-Glendale-Pasadena Airport. Recognition Systems (RSI) is an Ingerso ... Continue reading

Parts.com Reports Sales Down 10% for Third Quarter

Parts.com Reports Sales Down 10% for Third Quarter

SANFORD, Fla., Nov. 20 -- Parts.com, Inc., a marketplace and software solutions provider for the parts industry, today announced its results for the third quarter ended September 30, 2001. Revenues for the third quarter of 2001 were $317,879, down 10 percent from the same period last year. Pro forma net loss for the qu ... Continue reading

Good Housekeeping Announces Winners of The 2001 Women's Automotive Satisfaction Award

Good Housekeeping Announces Winners of The 2001 Women's Automotive Satisfaction Award

NEW YORK--Nov. 20, 2001-- Good Housekeeping Institute Technical Director Donald Mays announced that nine automotive nameplates have earned the 2001 Good Housekeeping Institute Women's Automotive Satisfaction Award. All of the winning models met the criteria initiated by a survey of female new car purchasers and lessees ... Continue reading

JIM RUSSELL TO OPERATE SEARS POINT KARTING CENTER

JIM RUSSELL TO OPERATE SEARS POINT KARTING CENTER

FOR IMMEDIATE RELEASE JIM RUSSELL TO OPERATE SEARS POINT KARTING CENTER SONOMA, CALIF. (November 20, 2001) —Beginning in 2002 Sears Point Raceway will feature a state-of-the-art karting facility operated by the Jim Russell Racing Drivers School. Built as part of a $50 million Modernization Plan at Sears Point, th ... Continue reading

CHP Thanksgiving Wishes Urge Sobriety and Safety On the Road

CHP Thanksgiving Wishes Urge Sobriety and Safety On the Road

SACRAMENTO, Calif.--Nov. 20, 2001--With Thanksgiving right around the corner, the California Highway Patrol (CHP) is urging motorists to drive with care and consideration. According to CHP Commissioner Dwight O. Helmick, "With a little planning, common sense and concern for others, Thanksgiving 2001 can be filled with ... Continue reading

`Automotive Edge 02' to Showcase Automotive Suppliers January 9-10, 2002

`Automotive Edge 02' to Showcase Automotive Suppliers January 9-10, 2002

PLYMOUTH, Mich.--Nov. 20, 2001-- Auto Suppliers' Guests to be Shuttled to Detroit's Cobo Conference & Exhibition Center For the first time, tier one and tier two automotive suppliers will be able to showcase products and technology before the world's automotive industry at "Automotive Edge 02," a new trade show, on Jan ... Continue reading

Don't Be A Stuffed Turkey, Avoid Drowsy Driving

Don't Be A Stuffed Turkey, Avoid Drowsy Driving

LOS ANGELES--Nov. 20, 2001--One of the greatest potential hazards facing motorists over the Thanksgiving holiday period is driving while drowsy. The Automobile Club of Southern California warns that falling asleep at the wheel can bring a tragic end to holiday travel plans. During 2000 there were 2,803 crashes, resulti ... Continue reading

Japan's Toda Racing Team Gains Speed With PLM Solutions From IBM

Japan's Toda Racing Team Gains Speed With PLM Solutions From IBM

TOKYO & PARIS--Nov. 20, 2001--Toda Racing Co. Ltd., a leading team in All Japan Formula 3 racing, along with IBM and Dassault Systemes , announced today that it has selected CATIA V5 to develop, design, and manufacture high performance and reliable auto racing parts. CATIA V5 is contributing to shortening the developme ... Continue reading

ACDP Enters Research And Development Agreement With Carnegie Mellon / Driver Training and Safety Institute

ACDP Enters Research And Development Agreement With Carnegie Mellon / Driver Training and Safety Institute

PALM BEACH GARDENS, Fla.--Nov. 20, 2001--Accident Prevention Plus (OTC BB:ACDP) Accident Prevention Plus (ACDP) and Carnegie Mellon / Driver Training and Safety Institute (DTSI) have entered a strategic alliance to unite their expertise to: -- Develop and employ a fast Data Acquisition System to solve the on-board data ... Continue reading

GM Leads The Parade!

GM Leads The Parade!

November 20, 2001 Detroit, Mich.- General Motors will participate in America's Thanksgiving Parade® by sponsoring a special float with a patriotic theme. GM volunteers and 50 firefighters and police officers will march alongside the float, which will lead the parade. This special tribute will feature a giant American ... Continue reading

Industrial Fiber Optics Announces New IR LED for POF

Industrial Fiber Optics Announces New IR LED for POF

PHOENIX--Nov. 20, 2001--Industrial Fiber Optics has added a new IR LED to its extensive line of LEDs and photodetectors for plastic optical fiber (POF). The IF-E91D is a high-speed, high optical output infrared LED in a connector-less style plastic package designed for standard jacketed 1 mm core POF. It offers economi ... Continue reading

STS Announces US$ 5 Million Equity Line of Credit From Former WTC Tenant

STS Announces US$ 5 Million Equity Line of Credit From Former WTC Tenant

BELLINGHAM, Wash.--Nov. 20, 2001--Safe Transportation Systems, Inc., (STS) (OTCBB:SFTS), announced today it has entered into a financing agreement with a private "Investor" providing a firm and binding "Equity Line of Credit" to the Company in the amount of up to US$5,000,000 over the next two years. The Investor, Corn ... Continue reading

THQ Ships ``Hot Wheels Burnin' Rubber'' for Game Boy Advance

THQ Ships ``Hot Wheels Burnin' Rubber'' for Game Boy Advance

CALABASAS HILLS, Calif.--Nov. 20, 2001--THQ Inc. and Mattel Inc. today announced the release of "Hot Wheels(TM) Burnin' Rubber(TM)" for Nintendo's Game Boy(R) Advance system. "Hot Wheels Burnin' Rubber" takes the power, performance, speed and attitude of Hot Wheels to the handheld system, and is now available at retail ... Continue reading

Shanghai GM Launches Buick Sail Recreational Vehicle Providing A New Choice for China's Private Car Market

Shanghai GM Launches Buick Sail Recreational Vehicle Providing A New Choice for China's Private Car Market

Shanghai, China - Building on the initial success of its popular Buick Sail compact car, Shanghai General Motors (Shanghai GM) today kicked off nationwide sales of a recreational version, the Sail S-RV. The new model is aimed at China's growing legion of individual car buyers. "Private car consumption is a driving forc ... Continue reading

FORD CREDIT TOPS SATISFACTION STUDY, SEES GROWTH IN VEHICLE FINANCING (DUH)

FORD CREDIT TOPS SATISFACTION STUDY, SEES GROWTH IN VEHICLE FINANCING (DUH)

TORONTO, November 19, 2001 – With today’s low interest rates, an increasing number of Canadians are choosing to buy their next vehicle, rather than lease, said the president of Ford Credit Canada. “Vehicle purchase financing is growing and Ford Credit is the industry leader when it comes to customer s ... Continue reading

Ford Weeky Production

Ford Weeky Production

DEARBORN, MI, November 20, 2001 – Ford Motor Company's estimated North American vehicle production for the week ending November 17 is summarized below: Car Truck Total United States 19,55040,780 60,330 Canada 4,950 6,320 11,270 Mexico 4,275 1,325 5,600 Total 28,775 48,425 77,200 The following U.S. and Canadian as ... Continue reading

GM Small Car Sales in China Soar

GM Small Car Sales in China Soar

SHANGHAI Reuters reported today that General Motors Corp, with the launch of its Buick Sail this year, said on Tuesday brisk sales had won it a 20 percent of the country's small car market. The world's largest carmaker said it had sold about 19,000 of the family cars since its debut in June and now hoped to follow up o ... Continue reading

Volkswagen's B2B Market Place Set Up

Volkswagen's B2B Market Place Set Up

Nearly All of Procurement Volume Managed Via the Internet Applications Bundle for Suppliers on Platform 'VW Group Supply.Com' WOLFSBURG, Germany, Nov. 20 -- The Internet platform started by Volkswagen in the summer of 2000 is up and running. The most important components: Online-Catalogue-Purchasing, Online-Negotiation ... Continue reading

Gold Eagle Promotes Marc Blackman To President

Gold Eagle Promotes Marc Blackman To President

CHICAGO--Nov. 19, 2001--Gold Eagle(R) Co., a leading developer, manufacturer and marketer of quality products for the automotive aftermarket, will soon be guided by a new president. According to Richard Hirsch, Gold Eagle's current president, the board of directors has chosen Marc Blackman, the company's vice president ... Continue reading

LEWIS RUNS STRONG IN AMS ARCA DEBUT

LEWIS RUNS STRONG IN AMS ARCA DEBUT

LEWIS RUNS STRONG IN AMS ARCA DEBUT —FOR IMMEDIATE RELEASE— HAMPTON, Ga., Monday, November 19, 2001— Jupiter, Florida’s Shane Lewis made his professional stock car racing debut this past weekend at Atlanta Motor Speedway (AMS) in the Pork The Other White Meat 400 ARCA event. Lewis gained 15 posi ... Continue reading

Michelin Readies Drivers for Holiday Travel; Simple Guidelines Can Help You Travel Safely During the Thanksgiving Holiday

Michelin Readies Drivers for Holiday Travel; Simple Guidelines Can Help You Travel Safely During the Thanksgiving Holiday

GREENVILLE, S.C., Nov. 19 -- Thanksgiving is one of the busiest travel times of the year, but it doesn't have to be stressful. If you're going to be on the highways, Michelin offers the following safety tips to help you get ready for your trip. Check Your Vehicle Before you take any trip, you need to make sure that you ... Continue reading

DaimlerChrysler Offers Zero-Interest

DaimlerChrysler Offers Zero-Interest

DETROIT AP reported today that all three U.S. automakers have extended until early next year their no-interest finance offers. The Chrysler arm of DaimlerChrysler AG on Monday followed General Motors Corp. and Ford Motor Co. [NYSE:F - news] in extending its no-interest financing plan for the second time. The DaimlerChr ... Continue reading

M2 Automotive Raises the Bar With New MegaCenter

M2 Automotive Raises the Bar With New MegaCenter

SANTA MONICA, Calif.--Nov. 19, 2001--M2 Automotive continues to raise collision repair to a new level with the opening of its MegaCenter(SM) in Cathedral City, Calif. The new 22,000 sq. ft. greenfield facility, located on Perez Road, just off Palm Canyon Road, marks the beginning of a new era in addressing the $25 bill ... Continue reading

GPS Satellite Signals Help Drivers Save Fuel and Reduce Emissions; Patent Issued to Mirenco For Use of GPS Satellite Communication To Reduce Emissions

GPS Satellite Signals Help Drivers Save Fuel and Reduce Emissions; Patent Issued to Mirenco For Use of GPS Satellite Communication To Reduce Emissions

RADCLIFFE, Iowa, Nov. 19 -- Mirenco (OTC Bulletin Board: MREO - news) has been issued a patent by the U.S. Patent and Trademark Office for their ``Method and Apparatus for Reducing Unwanted Vehicle Emissions Using Satellite Navigation.'' Mirenco currently holds patents issued in the U.S., Canada and Mexico for advanced ... Continue reading

Winnebago Industries to Receive 6th Consecutive RVDA Quality Circle Award

Winnebago Industries to Receive 6th Consecutive RVDA Quality Circle Award

FOREST CITY, Iowa--Nov. 19, 2001--Winnebago Industries, Inc. , the world's leading motor home manufacturer, today reported that the Company will be awarded the prestigious Quality Circle Award from the Recreation Vehicle Dealers Association (RVDA) for the sixth consecutive year. Winnebago Industries Chairman, CEO and P ... Continue reading

Volvo Global Trucks Deliveries, January-October 2001

Volvo Global Trucks Deliveries, January-October 2001

STOCKHOLM, Sweden--Nov. 19, 2001--Deliveries from Volvo Global Trucks, which comprises Mack Trucks, Inc., Renault V.I. and Volvo Trucks, during the period January-October 2001 amounted to 127 661 units compared to 151 104 in the same period last year, a decrease of 16%. Order intake was down 11%. North America was down ... Continue reading

AAA Texas Offers Tipsy Tow for Thanksgiving Holiday: A Safe Alternative to Drinking and Driving

AAA Texas Offers Tipsy Tow for Thanksgiving Holiday: A Safe Alternative to Drinking and Driving

HOUSTON--Nov. 19, 2001--AAA Texas is offering Tipsy Tow as a safe alternative to drinking and driving for the Thanksgiving holiday. The Tipsy Tow program is designed to provide drivers with a way to get home safely if they have been drinking. Driver themselves can call the Tipsy Tow number or holiday hosts and bartende ... Continue reading

U.S. F2000 CONTINUES EVALUATION OF ZETEC ENGINE

U.S. F2000 CONTINUES EVALUATION OF ZETEC ENGINE

FOR IMMEDIATE RELEASE U.S. F2000 CONTINUES EVALUATION OF ZETEC ENGINE FAIRFIELD, N.J. (November 19, 2001) —With winter test programs fast approaching the U.S. F2000 National Championship recently continued its evaluation of the 2.0-liter Ford Zetec engine. The series conducted an extensive one-day test at Roeblin ... Continue reading

Genuine Parts Company Declares Regular Quarterly Dividend

Genuine Parts Company Declares Regular Quarterly Dividend

ATLANTA--Nov. 19, 2001--The Board of Directors of Genuine Parts Company declared a regular quarterly cash dividend of 28.5 cents per share on the Company's common stock. The dividend is payable January 2, 2002 to shareholders of record December 7, 2001. Genuine Parts Company is a distributor of automotive replacement p ... Continue reading

ARCA RE/MAX season in review

ARCA RE/MAX season in review

YEAR-END WRAP-UP STORY, HOLIDAY EDITION KIMMEL CHARGES TO THIRD ARCA RE/MAX TITLE (11-19-01) TOLEDO OH, by Don Radebaugh - Marked by triumph and tragedy, the ARCA RE/MAX Series completed its 49th season of competition in 2001 crowning Frank Kimmel as its driving champion for the third time in four seasons while third-g ... Continue reading

ASARO TESTS BRITISH FORMULA THREE CAR

ASARO TESTS BRITISH FORMULA THREE CAR

FOR IMMEDIATE RELEASE ASARO TESTS BRITISH FORMULA THREE CAR FAIRFIELD, N.J. (November 19, 2001) —Billy Asaro is back in Canada following a successful Formula Three test in the United Kingdom. Asaro, who won this year's U.S. F2000 Road To Indy Oval Crown and placed second in the National Championship with three wi ... Continue reading

International Wire Group, Inc. Reports Results for the Third Quarter and First Nine Months of 2001

International Wire Group, Inc. Reports Results for the Third Quarter and First Nine Months of 2001

ST. LOUIS--Nov. 19, 2001--International Wire Group, Inc. reported its financial results for the third quarter and nine months ended September 30, 2001. During the quarter, earnings before interest, taxes, depreciation, amortization and other unusual charges (EBITDA) were $12.6 million, a decrease of $11.1 million, or 4 ... Continue reading

The Major Automotive Companies Reports Nine Months Results

The Major Automotive Companies Reports Nine Months Results

LONG ISLAND CITY, N.Y.--Nov. 19, 2001-- Revenues Increase to a Record $281 Million from $244 Million Gross Profits a Record $46.1 Million versus $38.1 Million Net Income $1.5 Million versus Net Loss $(14.9 Million) The Major Automotive Companies, Inc. (f/k/a Fidelity Holdings, Inc.) today reported record revenues and g ... Continue reading

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