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April 2001

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Friday, April 20, 2001

Ward's Weeekly Production Reports

Ward's Weeekly Production Reports

SOUTHFIELD, Mich., April 20 /PRNewswire Interactive News Release/ -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 306,789 units, up from the 288,519 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year Nort ... Continue reading

6 Million Owners of GM Pickup Trucks to Receive Class Action Settlement Certificates and Cash Alternative Offer

6 Million Owners of GM Pickup Trucks to Receive Class Action Settlement Certificates and Cash Alternative Offer

HOUSTON, April 19 As part of one of the largest automotive class action settlements in history, nearly six million owners of GM pickup trucks will receive a letter from General Motors over the next few days offering them a certificate they can use toward the purchase of a new GM vehicle. At the same time, class members ... Continue reading

Technologue, Inc. Launches OEM and Aftermarket Web Based E-Cat and Information System

Technologue, Inc. Launches OEM and Aftermarket Web Based E-Cat and Information System

WEST CHESTER, Pa., April 19 Technologue Inc., announced plans to launch the first of its kind, Web-based OEM and Aftermarket -- Electronic Catalog and Information System. For the first time customers will be able to access OEM parts information by product line based in AAIA's e-catalog industry standards. The system al ... Continue reading

Crain Communications Launches Die Automobil-Woche

Crain Communications Launches Die Automobil-Woche

Crain Communications, publisher of the highly respected Automotive News, will launch Die Automobil-Woche at the time of the Frankfurt IAA Motor show. The German- language newspaper will cover the entire new-vehicle industry, from suppliers to automakers to franchised dealers. "Germany is one of the world's three most i ... Continue reading

cars.com Announces Partnership with Hemmings

cars.com Announces Partnership with Hemmings

CHICAGO, April 17 Cars.com today announced that it has partnered with Hemmings Motor News, "the bible" of the collector-car hobby, to provide classic and collector car content for the cars.com web site. Cars.com visitors now have access to the richest information available in the marketplace today on classic and collec ... Continue reading

New Dana Innovation Makes 4WD Vehicles More Fuel Efficient

New Dana Innovation Makes 4WD Vehicles More Fuel Efficient

FT. WAYNE, Ind., April 17 Dana Corporation's Spicer Light Axle Group today introduced Dual Advantage(TM), an innovative new disconnect system with single-point actuation. This innovative system facilitates improved fuel efficiency by significantly decreasing drag found in the front axle of 4X4 applications. Dana is the ... Continue reading

NAPAonline.com and Wrenchead, Inc. Announce Strategic e-Commerce Alliance To Fuel Automotive Aftermarket Purchasing

NAPAonline.com and Wrenchead, Inc. Announce Strategic e-Commerce Alliance To Fuel Automotive Aftermarket Purchasing

WHITE PLAINS, N.Y., April 18 Wrenchead, Inc. the leader in e-commerce technology for the automotive aftermarket industry, today announced a partnership with NAPA AUTO PARTS, the industry's leading distributor of aftermarket automotive parts. Under the Agreement, NAPAonline.com will become the exclusive online fulfillme ... Continue reading

WAGONER REVIEWS GM FIRST QUARTER RESULTS

WAGONER REVIEWS GM FIRST QUARTER RESULTS

CEO Rick Wagoner hosted the First Quarter Business Update broadcast live from the São Caetano complex in São Paulo, Brazil. He was there to help GM do Brazil celebrate their 75th anniversary and to share GMLAAM's successes in operationalizing the business priorities. Wagoner opened the broadcast by noting that analys ... Continue reading

50% of All Windshields Being Replaced Can Be Repaired

50% of All Windshields Being Replaced Can Be Repaired

ST. JOHNS, Mich., April 18 Well over 50% of all auto glass damage can be repaired says Ron Zyzelewski, President of Quest Claims Service in St. Johns, Michigan. "The insurance industry and ultimately consumers could save millions of dollars annually if they simply 'repaired' instead of replaced a windshield with minor ... Continue reading

Pennsylvania State Parks Purchase Two Zero-Emission Vehicles

Pennsylvania State Parks Purchase Two Zero-Emission Vehicles

PITTSBURGH, April 17 On behalf of Pennsylvania Gov. Tom Ridge, the Department of Conservation and Natural Resources (DCNR) today announced it now is the first conservation agency in the country to purchase a new hybrid electric, low-speed utility vehicle for use within Pennsylvania's state park system. The manufacturer ... Continue reading

ChoiceParts Completes Acquisition of CarStation

ChoiceParts Completes Acquisition of CarStation

Includes Commerce System License, Website and Trademarks/Domain Names CHICAGO, April 18 ChoiceParts, LLC is pleased to report the formal closing of the previously announced asset acquisition and exclusive licensing agreement with OnStation Corporation for the CarStation CommerceSystem(TM) (CCS). On February 20, 2001, C ... Continue reading

Mazda April U.S. Sales Go MOOZ MOOZ MOOZ

Mazda April U.S. Sales Go MOOZ MOOZ MOOZ

Reuters reports that Mazda Motor Corp., Japan's fifth-largest carmaker, saw its U.S. sales in the first half of April fall by about 10 percent following a strong start to the year, President Mark Fields said on Friday. Fields told reporters that the year-on-year drop was a concern although the fact that the period cove ... Continue reading

Reader's Choice All-Stars Awards Announced

Reader's Choice All-Stars Awards Announced

18 Cars and Trucks, 14 Categories, 10 Thrilled Automakers NEW YORK, April 18 AUTOMOBILE MAGAZINE, a PRIMEDIA publication, announced the winners of its coveted Readers' Choice All-Stars Awards at the 2001 New York International Automobile Show in Manhattan's Jacob K. Javits Center in New York. The 18 winning vehicles we ... Continue reading

CNW: Inaccurate Prices, Unbuildable Vehicles Continue to Plague Online Auto Sites

CNW: Inaccurate Prices, Unbuildable Vehicles Continue to Plague Online Auto Sites

BANDON, Ore., April 17 The auto industry continues to be plagued by Internet price and orderability inaccuracies, according to CNW Marketing Research's second annual "Online Vehicle-Pricing Accuracy Study." Consumers who rely on the Internet for dealer invoice and MSRP pricing data are being led astray by as much as hu ... Continue reading

Dana Corporation Declares 254th Consecutive Dividend

Dana Corporation Declares 254th Consecutive Dividend

TOLEDO, Ohio, April 17 Dana Corporation today declared its 254th consecutive dividend, extending a streak that dates back to 1936 without a missed or reduced payment. The dividend of 31 cents per share is payable June 15, 2001, to shareholders of record June 1.Dana Chairman and CEO Joe Magliochetti said, "We are very p ... Continue reading

GM's Executives Don't Reach Top Bonuses

GM's Executives Don't Reach Top Bonuses

The Detroit Free press in a copy written story reported that the “General Motors Corp. board of directors drastically slashed annual bonuses for its five highest-paid executives, sending a message that poor company performance will not be handsomely rewarded. Chairman Jack Smith's bonus was sliced by more than 75 ... Continue reading

Visteon 1Q Income_Falls $116 Million...But that's Good News 2001 Style

Visteon 1Q Income_Falls $116 Million...But that's Good News 2001 Style

How can a precipitous 1Q earnings drop be good news? When Wall Street expected it to be worse…sooooo its good news...sounds DOT COMMY to me. The company reported 2001 first quarter earnings of $31 million, or $0.24 per share, which comes in well below earnings of $147 million, or $1.13 per share, in the first qua ... Continue reading

Cohen Appointed to Collins & Aikman Board of Directors

Cohen Appointed to Collins & Aikman Board of Directors

TROY, Mich.--April 20, 2001--Collins & Aikman Corporation announced today the appointment of Marshall A. (Mickey) Cohen to its corporate Board of Directors. In addition to his position as a Director of the Company, Cohen will also serve on the Audit Committee of the Company's Board of Directors. Cohen is currently Coun ... Continue reading

Watch "Clive Alive" And Enter To Win A Palm M505 Color PDA

Watch "Clive Alive" And Enter To Win A Palm M505 Color PDA

Watch "Clive Alive" And Enter To Win A Palm M505 Color PDA WomanMotorist.com and Volvo invite you to watch the "Clive Alive" video, and fill out a survey to be entered to win a $500 Palm M505 color handheld computer (also called a personal digital assistant). The M505 is the latest and greatest color handheld from Palm ... Continue reading

Haldex Wins New Orders in USA For Valve Spring Wire Products

Haldex Wins New Orders in USA For Valve Spring Wire Products

Haldex Garphyttan Wire, a division in the Haldex Group, has made a first breakthrough with Japanese car manufacturers in USA (so called transplants), and will in September 2001 start delivering high tensile valve spring wire for Toyota. Through another newly awarded business in USA, Haldex Garphyttan has won a contract ... Continue reading

Honeywell's 1st-Quarter Ongoing Earnings Per Share Are $0.51; First-Quarter Sales Are $5.9 Billion;

Honeywell's 1st-Quarter Ongoing Earnings Per Share Are $0.51; First-Quarter Sales Are $5.9 Billion;

MORRIS TOWNSHIP, N.J.--April 20, 2001-- Sales Grow In Turbochargers, Fire & Security, Aerospace Avionics, Advanced Circuits And Sensing & Control Rise In Aerospace Original Equipment Activity And Significant Industrial Control ManageAbility(TM) Contract Wins Highlight Quarter Company Aggressively Reducing Costs To Posi ... Continue reading

Student Techs Square-Off in State Finals of Ford/AAA Student Auto Skills Contest

Student Techs Square-Off in State Finals of Ford/AAA Student Auto Skills Contest

HOUSTON--April 20, 2001--The 30 best high school automotive technicians in Texas will square-off in the state finals of the 2001 Ford/AAA Student Auto Skills Contest. Teams of two high school seniors will attempt to diagnose and repair Ford vehicles that have been deliberately disabled. The winning team will represent ... Continue reading

Cheever Jr. Making Progress With Infiniti Indy Engine Heading to Atlanta

Cheever Jr. Making Progress With Infiniti Indy Engine Heading to Atlanta

Eddie Cheever Jr., 1998 Indianapolis 500 champion, was the first Indy Racing Northern Light Series driver to win with an Infiniti Indy racing engine (last season at Pikes Peak International Raceway in Fountain, Colo., June 18) since the company entered the series in 1997. Cheever's success last year gives Infiniti mome ... Continue reading

Incomparable Hummer Joins Sewell Automotive Companies

Incomparable Hummer Joins Sewell Automotive Companies

It's not a car. It's not a truck. It's not just another 4x4. It's a Hummer at Sewell Village Cadillac/Saab at Love Field Whether it's plowing through a flood-drenched underpass near downtown Dallas or charging through the toughest terrain of Big Bend, the HUMMER has settled in at Sewell Village Cadillac/Saab at Love Fi ... Continue reading

Kenworth Makes Dana Spicer LMS Bearing and Seal Package Standard

Kenworth Makes Dana Spicer LMS Bearing and Seal Package Standard

Kenworth Truck Company has made Dana Spicer's Low Maintenance System (LMS) bearing and seal package standard on the front steering axle for all new Kenworth Class 8 and T300 medium duty conventional models. The Dana Spicer LMS hub package includes Timken half-tolerance bearings, a precision bearing spacer, and Dana Spi ... Continue reading

Mitsubishi Stakes Out More Fertile Ground

Mitsubishi Stakes Out More Fertile Ground

Admitting that the company may have mortally wounded itself in its home market of Japan by deceiving customers, Mitsubishi says it will begin making cars in South America, a market it has ignored in the past. What's more, Mitsubishi will use existing DaimlerChrysler assembly operations in South America and expects to h ... Continue reading

NASCAR All Pro: Fast Paced Weekend Set At USA International Speedway

NASCAR All Pro: Fast Paced Weekend Set At USA International Speedway

April 20, 2001 LAKELAND, FL -- The roar and excitement of stock car racing will again fill the air at USA International Speedway when the NASCAR Gatorade All Pro Series returns to the high-banked 3/4-mile oval. NASCAR's only late model touring division makes it's third stop of the 2001 tour and only stop this year at U ... Continue reading

PSR Phoenix Provisional Qualifying

PSR Phoenix Provisional Qualifying

April 20, 2001 PHOENIX, Ariz.. - Barney Moen, of Hesperia, Calif., had the fast lap for the first session of qualifying for Saturday's season-opening Pro Spec Racer race at Phoenix International Raceway. Steve Ott, of Brighton, Colo. and Lee Fleming, of Lakeforest, Calif. rounded out the top three. Under cloudy conditi ... Continue reading

ARCA RE/MAX: Winchester Entry List

ARCA RE/MAX: Winchester Entry List

April 20, 2001 2001 ARCA RE/MAX SERIES EVENT #3 Winchester Speedway, Winchester IN, 4-22-01 Official Entry List, Winchester ARCA 250 NO DRIVER/RESIDENCE TEAM & CAR YEAR & MODEL 1 Andy Belmont/Penndel PA America Online-Racecakes-York Ford 99 Taurus 4 Roger Blackstock/Shelby Twp MI Kart 2 Kart Dodge 99 Avenger 5 Randy Va ... Continue reading

Filter Manufacturers Council Elects New Officers

Filter Manufacturers Council Elects New Officers

Larry Curtis Is Filter Manufacturers Council Chairman Research Triangle Park, N.C. - Larry Curtis, vice president-aftermarket sales, ArvinMeritor Light Vehicle Aftermarket-Purolator, is the newly elected chairman of the Filter Manufacturers Council (FMC). Other officers include: vice chairman - Joe Marlow, vice preside ... Continue reading

SPRINTS: Indy Racer Kite to compete at Concord

SPRINTS: Indy Racer Kite to compete at Concord

April 20, 2001 CONCORD, N.C. - Three-time Indianapolis 500 starter Jimmy Kite will strap himself into the red and silver #45 Environmental Protection Associates 410-winged sprint car owned by Tommy Gainey, this Saturday here at Concord Motorsports Park for the 40-lap United Sprint Car Series (USCS) feature. The Stockbr ... Continue reading

GM Says Things Not So Bad

GM Says Things Not So Bad

Detroit - What's going on? After months of belly aching and crying the economic blues, after announcing massive layoffs through the first four months of this year, after plant shutdowns, after squeezing suppliers for every fraction of a cent on parts and materials, General Motors yesterday announced that it expects to ... Continue reading

PSR Phoenix Practice Times

PSR Phoenix Practice Times

April 20, 2001 Goodyear, AZ- Practice times for the 30-lap, 45.45-mile Pro Spec Racer event at Phoenix International Raceway, with practice position, car number, driver, hometown, car, time and speed in miles-per-hour. 1 (48), Steve Ott, Spec Racer, 1:09.772, 78.168. 2 (2), Lee Fleming, Lakeforest, Calif., Spec Racer, ... Continue reading

Northern Light Indy Racing Series Weekly Notebook

Northern Light Indy Racing Series Weekly Notebook

April 20, 2001 INDIANAPOLIS - Joe Truscelli announced today that Johnny Unser will pilot his No. 18 Truscelli Team Racing Dallara/Oldsmobile/Firestone entry in the 85th Indianapolis 500. "Truscelli Team Racing is very excited to work with Johnny Unser as its driver for this year's Indy 500," said Truscelli, who has fie ... Continue reading

US F2000 Alumni Enter Indy 500

US F2000 Alumni Enter Indy 500

April 20, 2001 FAIRFIELD, N.J. —This coming May, the U.S. F2000 National Championship Presented by Speedvision will once again be well represented at “The Greatest Spectacle in Racing”, the Indianapolis 500. With official entry into the 85th running of the Indy 500 now closed, five former U.S. F2000 d ... Continue reading

IROC: True Value IROC News from Talladega

IROC: True Value IROC News from Talladega

April 20, 2001 Talladega, AL - The True Value IROC series continued with practice sessions this morning with series drivers Eddie Cheever Jr. of the Indy Racing Northern Light Series and Cart FedEx Championship series driver Kenny Brack. Cheever Jr. and Brack were joined by series test drivers Dick Trickle and Jim Saut ... Continue reading

NASCAR WCUP: Jeremy Mayfield Unveils New Ford Taurus for Talladega

NASCAR WCUP: Jeremy Mayfield Unveils New Ford Taurus for Talladega

April 20, 2001 MOORESVILLE, N.C.-- When Penske Racing unloads at Talladega SuperSpeedway this week, they will not roll out the familiar blue and white Ford... In it¹s place, the silver and black with a hint of red; Jeremy Mayfield will pilot the Sony/WEGA Ford Taurus for the first time this season. Sony Electronics an ... Continue reading

NASCAR WCUP: Ward Burton wants to 'stay safe' at Talladega

NASCAR WCUP: Ward Burton wants to 'stay safe' at Talladega

April 20, 2001 “I wish I could be talking about some changes heading into this race, but I’m not. Instead I’m talking about how I’m going to stay as safe as I can and finish the race with all four wheels on the ground. When I was running in the 500 (Daytona 500), I got wrecked and the fourth-pla ... Continue reading

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