MSD Named "Official Ignition System" of the Trans-Am Series
CONTACT: Justin Anderson, 704-348-9400 517-927-3614 (cell) FOR IMMEDIATE RELEASE February 20, 2003 MSD NAMED ³OFFICIAL IGNITION SYSTEM² OF THE TRANS-AM SERIES ST. PETERSBURG, Fla. ‹ MSD Ignition has been named the ³Official Ignition System² of the Trans-Am Series for the BFGoodrich Tires Cup. As part of the a ... Continue reading
Topless Beetles Massing To Leave Mexico City Next Week - Bug Spray WILL NOT Help
MEXICO CITY February 20,2003; Dow Jones reported that German car maker Volkswagen AG said Thursday it will begin distributing its new Beetle Cabrio, which is manufactured in Mexico, next week. The convertible, an adaptation of the New Beetle that Volkswagen launched with much fanfare five years ago, will first head to ... Continue reading
2003 Volvo S60 T5 Sedan Review
DRIVING DOWN THE ROAD WITH CAREY RUSS Old Volvo: boxy and boring, safe and good for you. Solid, sensible, but not really fast or luxurious, Volvos of the 1970s through mid-1990s were kind of the automotive equivalent of those negative-heel Scandinavian shoes that were popular with the Volvo demographic in the 1970s. Ne ... Continue reading
Ford Credit Appoints David Cosper Chief Financial Officer
DEARBORN, Mich., Feb. 20 -- Greg Smith, chairman and CEO of Ford Motor Credit Co., today announced that David Cosper, presently assistant treasurer of Ford Motor Company, will become Ford Credit's new chief financial officer, effective April 1, 2003. Cosper, who will also serve as executive vice president of Ford Credi ... Continue reading
Syntel CEO to Participate in Panel Discussion on Offshore Outsourcing
Title: 'Offshore Outsourcing for IT -- What's Driving the Users? Expected from the Vendors' TROY, Mich., Feb. 20 -- Syntel Chairman and CEO Bharat Desai will take part in a focused panel discussion at Northwestern University on February 22, 2003 at 10:00 a.m. (CST) on the topic of offshore IT outsourcing. The event is ... Continue reading
Syntel CEO to Participate in Panel Discussion on Offshore Outsourcing
Title: 'Offshore Outsourcing for IT -- What's Driving the Users? Expected from the Vendors' TROY, Mich., Feb. 20 -- Syntel Chairman and CEO Bharat Desai will take part in a focused panel discussion at Northwestern University on February 22, 2003 at 10:00 a.m. (CST) on the topic of offshore IT outsourcing. The event is ... Continue reading
51st Annual Detroit Autorama Sneak Media Preview, Feb. 21
America's Greatest Hot Rod Show WHAT: Sneak Media Preview Friday, Feb. 21! Murray's Discount Auto Stores 51st Anniversary Detroit Autorama WHEN: Friday, February 21, 2002 9:00 a.m. to noon Autorama opens to the public at noon Friday. WHERE: Cobo Center, Detroit, Michigan EVENT: The turbo-charged event that brings the h ... Continue reading
Automotive Media Invited to Attend Ride-And-Drive, Hosted by SLP Engineering, Feb. 27 in Carson, CA
Automotive media are invited to attend a Ride-And-Drive hosted by SLP Engineering Thursday, February 27, 2003 in Carson, CA. The program will feature SLP's new Ranger Thunderbolt LowRider, available in the spring from any Ford dealer. Geared for performance enthusiasts who want a lowered look with great handling and st ... Continue reading
Cohen, Milstein, Hausfeld & Toll Announce Class Action Lawsuit Against Mercedes-Benz
WASHINGTON--Feb. 20, 2003--A federal court in New Jersey has ruled that a lawsuit that accuses Mercedes-Benz and its New York, New Jersey, and Connecticut area dealers of engaging in a conspiracy to fix the price of new Mercedes-Benz automobiles may proceed as a class action on behalf of all purchasers of such vehicles ... Continue reading
Copart, Inc. Announces Stock Repurchase Program
FAIRFIELD, Calif.--Feb. 20, 2003--Copart, Inc. announced today that its Board of Directors has authorized the company to repurchase up to 9 million shares of its Common Stock. The repurchases may be effected through solicited or unsolicited transactions in the open market or in privately negotiated transactions. No tim ... Continue reading
NORTHVILLE, Mich., Feb. 20 -- Hayes Lemmerz International, Inc. (OTC: HLMMQ) announced today that the United States Bankruptcy Court for the District of Delaware approved the Company's amended Disclosure Statement relating to its Plan of Reorganization (POR), keeping the Company's voluntary Chapter 11 reorganization on ... Continue reading
Deadly High-risk Drivers Often Go Unidentified and Unpunished, AAA Chicago Warns
AURORA, Ill., Feb. 20 -- Unlicensed and habitual drunk drivers are among the greatest safety threats on the nation's highways, according to two studies released today by the AAA Foundation for Traffic Safety. Specifically, habitual drunk drivers make up 40 percent of all drinking-driving trips, while unlicensed drivers ... Continue reading
ECD Names James R. Metzger Chief Operating Officer
ROCHESTER HILLS, Mich., Feb. 20 -- The Board of Directors of Energy Conversion Devices, Inc. (ECD) announced that it has elected James R. Metzger as Chief Operating Officer. Mr. Metzger, a member of the Board since July 2000, joined ECD's senior management team as Vice Chairman in November 2002, a position he will reta ... Continue reading
eMax Featured in 'Larry Oakley's Comment' Editorial Regarding Reverse Merger Agreement
ORLANDO, Fla., Feb. 20 -- eMax Corporation (OTC Pink Sheets: EMAX) is featured in "Larry Oakley's Comment" editorial column at http://www.WallStreetCorner.com. Recently, EMAX's subsidiary Gateways Entertainment, Inc. entered into a reverse merger agreement with Spin Holdings, Inc., a step that will result in Gateways b ... Continue reading
Ford Credit Appoints David Cosper Chief Financial Officer
DEARBORN, Mich., Feb. 20 -- Greg Smith, chairman and CEO of Ford Motor Credit Co., today announced that David Cosper, presently assistant treasurer of Ford Motor Company, will become Ford Credit's new chief financial officer, effective April 1, 2003. Cosper, who will also serve as executive vice president of Ford Credi ... Continue reading
FW: McLaren / WilliamsF1 VNR Notification
---------- From: Please Deliver To: <ClientServer@SportsSystems.com> To: Judy Stropus <jstropus@earthlink.net> Subject: McLaren / WilliamsF1 VNR Notification Date: Thu, Feb 20, 2003, 9:16 AM The PDF file attached is absolutely safe -- it CANNOT include viruses. It should be easy to open and use both for Mac and PC user ... Continue reading
GM Names Watson As General Auditor DETROIT
FOR RELEASE: February 20, 2003 February 20th, 2003 DETROIT- General Motors today announced the appointment of Chester N. Watson as general auditor, effective March 17. Watson most recently served as vice president of Auditing and Security for Lucent Technologies. Watson will report to John M. Devine, General Motors vic ... Continue reading
GM Performance Parts Delivers Out-Of-The-Box Power In Dakar Race
FOR RELEASE: February 20, 2003 GM Performance Parts Delivers Out-Of-The-Box Power In Dakar Race DETROIT - Following its successful introduction into the high-performance world of drag racing, the GM Performance Parts ZZ4 crate engine turned heads as it sped through the countryside in the 25th annual Telefonica - Dakar ... Continue reading
HoferBeatty & Boyd Chosen by GKN Sinter Metals To Continue as Agency of Record
BLOOMFIELD HILLS, Mich.--Feb. 20, 2003-- HoferBeatty & Boyd has been asked to continue its marketing, promotion and advertising services for GKN Sinter Metals, a leading producer of powder metal components for the automotive and other industries, with headquarters in Auburn Hills, Michigan. "Our agency has enjoyed a st ... Continue reading
Holiday RV Announces Nasdaq Delisting
FT. LAUDERDALE, Fla., Feb. 20 -- Holiday RV Superstores, Inc. announced today that the Company received a letter from the Nasdaq Listing Qualifications Panel stating that the Company's common stock will be delisted from the Nasdaq SmallCap Market effective with the open of business on Friday, February 21, 2003. In addi ... Continue reading
Infineon Names New Manager, Vendor Displays and Special Events
Contact: John Cardinale Infineon Raceway (707) 938-8448 X107 Infineon Raceway Names New Manager, Vendor Displays and Special Events SONOMA, Calif. (IMMEDIATE RELEASE) ¯ John Wong has been named Manager, Vendor Displays and Special Events, at Infineon Raceway, it was announced by raceway officials. Wong, 26, will be re ... Continue reading
Jamie McMurray Rockingham Advance
CONTACT: Jason Wise Chip Ganassi Racing (704) 662-9642 jwise@ganassi.com <mailto:jwise@ganassi.com> Jamie McMurray, #42 Havoline Dodge Rockingham Advance RACE INFORMATION: EVENT: Subway 400 (race 2 of 36) TRACK: North Carolina Speedway QUALIFYING: Friday, Feb. 21 at 3:05 p.m. EST RACE: Sunday, Feb. 23 at 1:00 p.m. EST ... Continue reading
* Top scoring skier and snowboarder will each win a new Jeep Liberty * Jeep King of the Mountain title awarded to the top male and female skier and snowboarder * More than $150,000 in prize money will be up for grabs ASPEN, Colo., Feb. 20 -- The Jeep(R) King of the Mountain Series will conclude its 10th Anniversary Sea ... Continue reading
* Top scoring skier and snowboarder will each win a new Jeep Liberty * Jeep King of the Mountain title awarded to the top male and female skier and snowboarder * More than $150,000 in prize money will be up for grabs ASPEN, Colo., Feb. 20 -- The Jeep(R) King of the Mountain Series will conclude its 10th Anniversary Sea ... Continue reading
Jeff Gordon and Sesame Street Drive Into 2003 Cookie Monster Car is Second in Se
FOR IMMEDIATE RELEASE Contact: Kathy Boyd (704) 455-7424 The Jeff Gordon Foundation Beatrice Chow (212) 875-6586 Sesame Workshop Jeff Gordon and Sesame Street Drive Into 2003 Cookie Monster Car is Second in Series (February 20, 2003 â“ Charlotte, NC) Jeff Gordon and The Jeff Gordon Foundation are again teaming up ... Continue reading
ProQuest Senior Management Purchases ProQuest Shares
ProQuest Company Also Purchases Shares ANN ARBOR, Mich., Feb. 20 -- ProQuest Company , a leading provider of information solutions and content to the library, education, automotive and powersports industries, reported that certain members of the senior management team have purchased shares of ProQuest stock in the open ... Continue reading
Provident Partners Named Marketing Agency for Fraser Precision Tubular Parts
ST. PAUL, Minn., Feb. 20 -- Provident Partners LLC, a complete marketing outsource company, announced today an agreement to provide full-spectrum marketing services to Fraser Precision Tubular Parts. Fraser Precision Tubular Parts, based in Albertville, Minnesota, manufactures high- end engineered components for a vari ... Continue reading
Provident Partners Named Marketing Agency for Fraser Precision Tubular Parts
ST. PAUL, Minn., Feb. 20 -- Provident Partners LLC, a complete marketing outsource company, announced today an agreement to provide full-spectrum marketing services to Fraser Precision Tubular Parts. Fraser Precision Tubular Parts, based in Albertville, Minnesota, manufactures high- end engineered components for a vari ... Continue reading
Quiet Steel(TM) From Material Sciences Corporation Debuts On 2003 Cadillac
FARMINGTON HILLS, Mich., Feb. 20 -- The 2003 Cadillac CTS sports sedan is the first unibody production vehicle to feature an acoustically integrated application of Quiet Steel(TM), an engineered metal- laminate designed to significantly reduce vehicle NVH levels without the use of add-on sound deadening materials. Quie ... Continue reading
Racing Champions Ertl Expands Board
GLEN ELLYN, Ill.--Feb. 20, 2003--Racing Champions Ertl Corporation today announced that Daniel M. Wright has been elected to the Company's Board of Directors, expanding its size to nine members from eight. Curt Stoelting, Chief Executive Officer, stated, "We are delighted to welcome Dan Wright to the Company's Board of ... Continue reading
'S-HERTOGENBOSCH, Netherlands--Feb. 20, 2003-- Tele Atlas, one of the worldwide leading companies engaged in the production and development of advanced geographic databases, continues its expansion and marketing activities as planned and gained financial support of its major shareholders. Robert Bosch GmbH and IAM BV, ... Continue reading
MENLO PARK, Calif.--Feb. 20, 2003--Tele Atlas, one of the worldwide leading companies engaged in the production and development of advanced geographic databases, continues its expansion and marketing activities as planned and gained financial support of its major shareholders. Robert Bosch GmbH and IAM BV, each having ... Continue reading
Woodward Dream Cruise 2003 Announcement, Feb. 21
WHAT: Woodward Dream Cruise 2003 Announcement WHEN: Friday, Feb. 21, 11:00 a.m. WHERE: Detroit Autorama at Cobo Center Plans for the 9th Annual Woodward Dream Cruise 2003 will be announced by WDC officials, representatives from the nine host cities, event sponsor Eaton Automotive, entertainment sponsor MotorCity Casino ... Continue reading
Delphi's New Robust Tube Welding Process Enables Cost Effective Tubular Structures
TROY, Mich., Feb. 20 -- Delphi Technologies, Inc. (DTI), a subsidiary of Delphi Corp. , is introducing a revolutionary method for welding metal tubes to solids, sheet metal and other tubes, called Annular Deformation Resistance Welding (ADRW), which allows for increased design flexibility while reducing cost, investmen ... Continue reading
Finding the Least Expensive Gas Is Now Easy
MSN Autos Analyzes 20,000 Gas Stations to Show People Where to Buy Cheapest Gas REDMOND, Wash., Feb. 20 -- Consumers tired of emptying their wallets every time they go to the gas station can turn to a free service on MSN(R) at http://www.autos.msn.com/ to locate the least expensive gas in their area -- and save as much ... Continue reading
Milwaukee's Favorite Vehicle is the Ford F-Series Pickup Truck
MILWAUKEE, Feb. 20 -- Milwaukee consumers have made the Ford F-150 pickup truck the best-selling vehicle in town. The F-150 outsold all other vehicles in Milwaukee for 2002 and has been the best-selling vehicle nationwide for 21 years running. The dominant force in pickups has just upped the ante. Consumers can see the ... Continue reading
WARRENVILLE, Ill.--Feb. 20, 2003--Terry M. Endsley has been named vice president and treasurer of both Navistar International Corporation and its operating company, International Truck and Engine Corporation, producer of International(R) brand trucks, buses and engines, it was announced today. Endsley, 47, succeeds Tho ... Continue reading
Patented Delphi Material Prevents Fire, Retains Strength
Award-winning product applicable in both automotive and non-automotive industries TROY, Mich., Feb. 20 -- Delphi Technologies, Inc. (DTI), a subsidiary of Delphi Corp. , is announcing its development of a Thermoplastic Elastomer Intumescent Fire Shield, a recyclable material invented to protect flammable objects from f ... Continue reading
Patented Delphi Material Prevents Fire, Retains Strength
Award-winning product applicable in both automotive and non-automotive industries TROY, Mich., Feb. 20 -- Delphi Technologies, Inc. (DTI), a subsidiary of Delphi Corp. , is announcing its development of a Thermoplastic Elastomer Intumescent Fire Shield, a recyclable material invented to protect flammable objects from f ... Continue reading
The Michigan Council of Women in Technology Awarded $10,000 Sponsorship From Ford Motor Company
AUBURN HILLS, Mich., Feb. 20 -- The Michigan Council of Women in Technology (MCWT), an organization providing outreach, professional development and service to the Michigan technology community, will today receive a $10,000 sponsorship from Ford Motor Company. The formal presentation of the sponsorship will take place ... Continue reading
Tilden-TLDN/Announces Business Alliances with National Suppliers
GARDEN CITY, N.Y.--Feb. 20, 2003--Tilden Associates (OTCBB:TLDN) Tilden Car Care Centers announces today that they have strengthened their operating system by adding business alliances with many national parts and equipment suppliers. Companies such as AutoZone, Inc. , Accu-Turn, Snap-On Inc. and All Data information s ... Continue reading
UQM Technologies Granted U.S. Patent on Rotor Position Sensing Technology
Patented Technology Enables Accurate Position Sensing Using an Innovative and Low Cost Design FREDERICK, Colo., Feb. 20 -- UQM TECHNOLOGIES, INC. (AMEX:UQM) announced today that it has been granted a U.S. Patent entitled "Accurate Rotor Position Sensor and Method Using Magnet Ring and Linear Output Hall Effect Sensors. ... Continue reading
Auto Parts Racing Team Wins Second Daytona 500
Michael Waltrip pilots the No. 15 NAPA Chevrolet to victory in rain-shortened race ATLANTA, Feb. 20 -- For the second time in three years, the NAPA AUTO PARTS racing program celebrated victory at NASCAR Winston Cup Series' premiere event as the No. 15 NAPA Chevrolet piloted by Michael Waltrip won this year's Daytona 50 ... Continue reading
United Plastics Group Sponsors JCR3 Racing's Jeff Fultz in the Koolerz 300 at Daytona
WESTMONT, Ill.--Feb. 20, 2003--With nearly 200,000 cheering spectators, JCR3 Racing Champion Driver, Jeff Fultz made an impressive finish in the top 20 last Saturday in the Koolerz 300 at Daytona International Speedway--moving up from 35th to 19th place. United Plastics Group, a leading manufacturer of injection molded ... Continue reading
Satellite Technology Helps Police Crack Down on Auto Theft
FOR RELEASE: February 20, 2003 Satellite Technology Helps Police Crack Down on Auto Theft - Texas GPS system helps Texas man locate stolen vehicle TROY, Mich. –Today's in-vehicle safety and security communication systems are helping police to capture auto thieves and locate stolen vehicles. The OnStar system, whi ... Continue reading
Casey Mears, #41 Target Dodge, Subway 400 Advance
CONTACT: Nealie Hamilton, Chip Ganassi Racing, (704) 662-9642, nhamilton@ganassi.com Casey Mears, #41 Target Dodge Subway 400 Advance RACE INFORMATION: EVENT: Subway 400 (race 2 of 36) TRACK: North Carolina Speedway QUALIFYING: Friday, Feb. 21, 3 p.m. RACE: Sunday, Feb. 23, 1 p.m. BROADCAST: FOX television and MRN radi ... Continue reading
Sterling Marlin, #40 Coors Light Dodge, Subway 400 Advance
Contact: Nealie Hamilton, 704-500-6068, nhamilton@ganassi.com Sterling Marlin, #40 Coors Light Dodge Subway 400 Advance RACE INFORMATION: EVENT: Subway 400 (race 2 of 36) TRACK: North Carolina Speedway QUALIFYING: Friday, Feb. 21, 3 p.m. RACE: Sunday, Feb. 23, 1 p.m. BROADCAST: FOX television and MRN radio COORS LIGHT ... Continue reading
GPS system helps local dealer locate stolen vehicle
FOR RELEASE: February 20, 2003 GPS system helps local dealer locate stolen vehicle TROY, Mich. - Today's in-vehicle safety and security communication systems are helping police to capture auto thieves and locate stolen vehicles. The OnStar system, which uses the Global Positioning System (GPS) satellite network and wir ... Continue reading
First Quarter Auto Bonuses Expected to Create $126 Million For Michigan Economy, Comerica Reports
DETROIT, Feb. 20 -- During the first quarter of 2003, major automakers and suppliers announced payout bonuses totaling $178.0 million to 334,000 workers, which represents a significant turnaround from the zero-payout year 2002, said David L. Littmann, chief economist with Comerica Bank in Detroit. "Considering the savi ... Continue reading
U.S. Army's Leadership Role in Advancing Fuel Cell Technologies Showcased At SAE 2003 World Congress
Dual-Use Technologies for Commercial and Military Applications on Display WARREN, Mich., Feb. 20 -- The United States Army Tank- automotive and Armaments Command's National Automotive Center (NAC) will exhibit the Army's continuing role in developing fuel cells and a broad range of cutting-edge ground vehicle technolog ... Continue reading
Mercedes-Benz USA Confident Of Victory In Class Action Suit
MONTVALE, N.J.--Feb. 20, 2003--Mercedes-Benz USA (MBUSA) pledged to fight an antitrust lawsuit that was certified as a class action by the U.S. District Court of Northern New Jersey. Company officials stated that the lawsuit - filed against MBUSA and independent Mercedes-Benz dealers in the New York region - is meritle ... Continue reading
DaimlerChrysler Services South Korea Buys NetSol's LeaseSoft.WFS
LeaseSoft.WFS to be Deployed to Launch Wholesale Finance Business For DCS Korea CALABASAS, Calif., Feb. 20 -- NetSol Technologies, Inc. , a developer of proprietary software applications, today announced that it has signed a contract with DaimlerChrysler Services(DCS) South Korea to deploy its end to end solution, Leas ... Continue reading
Drakkar Noir Launches New TV Ad; Dale Earnhardt Jr. Featured in Feel the Power Campaign
NEW YORK, Feb. 20 -- Drakkar Noir is racing back into television advertising for the first time in nearly a decade, launching a new campaign that features Drakkar Noir spokesperson and racing's hottest driver Dale Earnhardt Jr. and his #8 race car. Building on the unprecedented and successful 2002 initial year of the p ... Continue reading
Exide Technologies Enhances Product Line at Sam's Clubs
PRINCETON, N.J., Feb. 20 -- Exide Technologies (BULLETIN BOARD: EXDTQ) (www.exide.com ), a global leader in stored electrical energy solutions, has begun to supply Sam's Club stores with Champion(R) branded automotive and Stowaway(R) branded marine XLT (extended life technology) batteries. Sam's Club is the nation's le ... Continue reading
Milwaukee Auto Show Media Opportunities
Friday, February 21 WHAT: Milwaukee Auto Show Media Preview WHEN: All day WHERE: Midwest Airlines Center 400 West Wisconsin Many new Ford vehicles will be making their Milwaukee debut Ford F-150: The Ford F-Series is the best-selling truck in Milwaukee and the best-selling vehicle in America. The completely redesigned ... Continue reading
Permo-Drive's New Hybrid System Promises Major Fuel Economy Gains
TEMPE, Ariz.--Feb. 20, 2003--Permo-Drive Technologies has developed a compact version of its recently introduced hybrid hydraulic drive system that promises to improve the fuel-economy of medium-duty commercial vehicles by 30 percent or more. The new design is 300 pounds lighter and significantly smaller than the proto ... Continue reading
Transmitter and Receiver Triple Data Rates for Automotive LAN, Enabling Development of More Advanced Entertainment Systems in Vehicles IRVINE, Calif., Feb. 20 -- Continuing to expand its broad offering of optoelectronics, Toshiba America Electronic Components, Inc. (TAEC)* and its parent Toshiba Corp. (Toshiba) today a ... Continue reading
Webcast Alert: Collins & Aikman Corporation Fourth Quarter Earnings Webcast
TROY, Mich., Feb. 20 -- Collins & Aikman Corporation announces the following webcast: What: Collins & Aikman Corporation Fourth Quarter Earnings Webcast When: Thursday, Feb. 20, 2003 @ 1:00 p.m. Eastern Where: http://www.firstcallevents.com/service/ajwz375433533gf12.ht ml How: Live over the Internet -- Simply log on to ... Continue reading
Lexus Luxury Comes to Pebble Beach
No. 1 Selling Luxury Automobile and No. 1 Ranked Golf Resort Offer Guests Luxurious Transportation in Four-Year Partnership TORRANCE, Calif. and PEBBLE BEACH, Calif., Feb. 20 -- Lexus and Pebble Beach Company has announced a four-year partnership establishing Lexus as the Preferred Vehicle of Pebble Beach Resorts, effe ... Continue reading
How Are OEM - Supplier Relations Today?
Annual Study of Rocky OEM - Supplier Relationship Mailed to Supplier Executives BIRMINGHAM, Mich., Feb. 20 -- Are automakers living up to their public promises to improve relations with their suppliers, or is this merely OEM rhetoric to mollify suppliers and the news media? The industry will know for sure in a few week ... Continue reading
Collins & Aikman Announces Record Fourth Quarter Sales
TROY, Mich., Feb. 20 -- Collins & Aikman Corporation today announced sharply improved fourth-quarter performance, reflecting the impact of acquisitions, strong internal sales growth, new product launches and increased operating efficiency. Collins & Aikman (C&A) also reported a 370 percent climb in operating income for ... Continue reading
New Book Lists: GREENEST 2003 CARS AND SUVS
http://www.greenercars.com/bestof.html CLICK4 GreenerCars.com http://www.greenercars.com/12green.html CLICK4 Greenest Cars Of 2003 http://www.greenercars.com/12mean.html CLICK4 Meanest Cars Of 2003 http://www.greenercars.com/byclass.html CLICK4 The Best of 2003 - Top Rated Cars In Each Class WASHINGTON, D.C. February 1 ... Continue reading
Automobiles and the Environment
Courtesy www.greenercars.com Greenercars.com Automobiles affect the environment in many ways. Impacts begin when a vehicle is manufactured (including the production of all the parts and materials that go into the car) and end with its scrappage in a junkyard (which can recycle many parts but also involves the disposal ... Continue reading
DaimlerChrysler M-Class Vehicles' Steering Investigated By NHTSA
WASHINGTON February 20, 2003; Dan Hart writing for Bloomberg reported that DaimlerChrysler AG's Mercedes M-Class sport-utilities are being investigated by U.S. regulators because of reports of power-steering fluid leaks that might affect 133,000 of the vehicles. The National Highway Traffic Safety Administration said o ... Continue reading
VW's Pischetsrieder Plans New Models to Revive Sales
WOLFSBURG, Germany February 20, 2003;Bret Okeson writing for Bloomberg reports that Volkswagen AG Chief Executive Officer Bernd Pischetsrieder plans to invest 33.3 billion euros ($36 billion) over the next five years to broaden the range of new models and revive sales. Volkswagen, Europe's biggest carmaker, this year w ... Continue reading
DaimlerChrysler May Sell Extra Plants in New York and Roitsch
AUBURN HILLS, Mich. February 20, 2003; Jeff Green writing for Bloomberg reported that DaimlerChrysler AG, which is considering the sale of some of its 23 auto-parts plants to cut costs, may sell factories in New York and Germany that make parts for four-wheel-drive vehicles. Both plants were part of the company's New V ... Continue reading
Toshiba Develops Fiber-Optic Devices For Auto LANs
TOKYO February 20, 2003; Dow Jones repeated that Kyodo News reported that Toshiba said today it has developed new fiber-optic receiver and transmitter devices for local area networks in automobiles, Kyodo News reported. The new devices can operate at temperatures ranging from minus 40C to 85C and deliver data at a spee ... Continue reading
DaimlerChrysler: No Current Plan to up Mitsubishi Stake
SINDELFINGEN, Germany, Feb 20, 2003; Reuters reported that carmaker DaimlerChrysler AG said today that it had no current plans to increase its stake in Japanese partner Mitsubishi Motors Corp. "An increase in our participation at Mitsubishi is not planned at present," DaimlerChrysler Chief Financial Officer Manfred Gen ... Continue reading
Kia Motors : 2002 Operating Profit Up 26% On Year
February 20, 2003 Kia Motors Corp. - Seoul Foer Year Ended Dec. 31: All figures in Won (KRW). 2002 2001 Net Profit KRW641.4 bln KRW552.2 bln Revenue 14.06 tln 12.36 tln Operating Profit 658.5 bln 522.2 bln Pretax Profit 801.3 bln 621.5 bln ($1=KRW1,196.4) The 2002 figures are unaudited and based on South Korean account ... Continue reading
GM Plans To Sell GM Daewoo Cars In China Via Shanghai Partner
SEOUL - February 19,2003; Dow Jones reported that General Motors Corp. plans to sell cars made by its South Korean joint venture GM Daewoo Automotive & Technology Co. in China, GM's Group Vice Chairman and Chairman for North America Bob Lutz said in an interview with Yonhap News Agency Wednesday. The automobiles will b ... Continue reading
China's SAIC-Chery Auto 2002 Sales Up 70%(a big deal)
SHANGHAI February 20,2003; Dow Jones reported toeday that SAIC-Chery Automobile Co., a Shanghai-based automaker of low-end compact cars, sales last year rose 70% to about 5 billion yuan. SAIC-Chery, which has emerged as one of the fastest growing car companies last year in China, sold more than 50,000 Chery cars, claim ... Continue reading
South Korea Imported Car Sales Rose 67% in January - Still not a big deal
Thursday 1:51 am ET SEOUL February 20, 2003; Jeongjin Lim writing for Dow Jones reported that sales of imported cars in South Korea jumped by 67% on year to 1,414 units in January, continuing a trend of double-digit growth, the Korea Automobile Importers and Distributors Association, or Kaida, said Thursday. South Kore ... Continue reading
Toby LaGrange----DIRT Florida Wrap-Up
The 2003 DIRT Motorsport’s season officially kicked off this past Monday, February 10th, with an on track practice session at Volusia Speedway Park in sunny Florida. Two ten minute sessions were held for the record 40 car’s that were on hand, with still more cars to check in. ... Continue reading
* Company Management and the General Works Council jointly set the amount at euro 1,200 for DaimlerChrysler AG employees in Germany. * Chrysler Group employees in the United States will receive an average payment of US$ 460. STUTTGART, Germany and AUBURN HILLS, Mich., Feb. 20 -- Management and Employee Representatives ... Continue reading
DaimlerChrysler: Significant Profitability Improvement in 2002 With $1.38B Profit
* Group operating profit excluding one-time effects increases more than fourfold to $6.1 billion ($7.2 billion including one-time effects) * All divisions report higher earnings * Mercedes Car Group: operating profit slightly higher than previous year at $3.2 billion * Chrysler Group: operating profit excluding one-tim ... Continue reading
Revolution Motorsports St. Petersburg Preview It's "lock and load" as Revolution Motorsports seeks dual title season DETROIT February 20, 2003 Revolution Motorsports rolls into St. Petersburg Florida this week focused on two Trans-Am Series for the BFGoodrich Tires Cup titles. Stu Hayner will pilot the #2 Trenton Forgi ... Continue reading
.General Motors and The Nature Conservancy
FOR RELEASE: February 19, 2003 ARLINGTON, VA. - General Motors and The Nature Conservancy today pledged to raise $400,000 in a continuing effort to protect one of the most threatened rainforest areas in the world through the Conservancy's Adopt an Acre® program. As part of its ongoing partnership with The Nature Conse ... Continue reading
FOR RELEASE: February 19, 2003 TROY, MI. - Through its seventh year of operation, OnStar's safety, security and information service continues to grow throughout the U.S. and Canada. OnStar will be available on 11 additional vehicles in the 2003 calendar year and will offer its industry-leading in-vehicle communications ... Continue reading
AAA Takes Road Service Online Allowing Members to Request Help with Vehicles via Internet
ORLANDO, Fla.--Feb. 19, 2003--Help from the most trusted name in road service is now just a mouse click away for members of select AAA clubs in the United States, as well as several Canadian Automobile Association clubs. With approximately 35 percent of requests for road service originating from the homes or offices of ... Continue reading
Ford To Restructure Product Development
Wednesday 4:17 pm ET DETROIT February 19, 2003; Dow Jones reports Ford Motor Co. is continuing its restructuring efforts by changing its North American product-development unit from five brand- oriented teams to four platform-based teams. The change should help Ford streamline operations and offer opportunities to cut ... Continue reading
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