The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

May 2001

Select Another Month

Tuesday, May 22, 2001

Kenneth B. Moll & Associates, Ltd. Announces That Ford has Recalled 13 Million Tires Requested in Worldwide Class Action Lawsuits Filed Last Year

Kenneth B. Moll & Associates, Ltd. Announces That Ford has Recalled 13 Million Tires Requested in Worldwide Class Action Lawsuits Filed Last Year

CHICAGO--May 22, 2001--Kenneth B. Moll & Associates, LTD. commends Ford Motor Company's recent decision to put safety before profits in announcing that it will replace an additional 13 million Firestone tires currently being used on Ford Explorers. Previously, on August 9, 2000, Bridgestone/Firestone announced a volunt ... Continue reading

AAMCO Transmissions Approves CustomerLink Systems for AAMCO Dealers

AAMCO Transmissions Approves CustomerLink Systems for AAMCO Dealers

ROSEVILLE, Calif.--May 22, 2001--Today, CustomerLink Systems, Inc., a leading provider of Customer Relationship Management (CRM) and Marketing Services for the automotive service and repair industry, was approved by AAMCO Transmissions Inc. to provide CRM programs to the more than 700 AAMCO Centers across the United St ... Continue reading

ADVISORY/Victims' Reaction to Ford's Expanded Recall Announcement -- Co-Lead Counsel in National Litigation to Hold Press Conference Today in Miami

ADVISORY/Victims' Reaction to Ford's Expanded Recall Announcement -- Co-Lead Counsel in National Litigation to Hold Press Conference Today in Miami

-- WHO: Mike Eidson, co-lead counsel for the plaintiffs' personal injury and wrongful death cases in the Firestone/Ford Federal Multi-District litigation now pending before United States District Court Judge Sarah Barker in Indianapolis. WHAT: Eidson, a nationally recognized trial lawyer and consumer advocate for over ... Continue reading

Alcoa Signs Memorandum of Understanding to Acquire Dooray Air Metal's Extrusion Business

Alcoa Signs Memorandum of Understanding to Acquire Dooray Air Metal's Extrusion Business

PITTSBURGH & SEOUL--May 22, 2001--Alcoa Inc. of the U.S. and Dooray Air Metal Co. Ltd. of Korea jointly announced today that they have signed a memorandum of understanding for Alcoa to acquire Dooray Air Metal's extrusion business located in Changwon, Korea. The Changwon facility produces hard alloy extrusions for use ... Continue reading

American Axle & Manufacturing Receives Supplier of the Year Award from ZF Industries, Tuscaloosa, Alabama

American Axle & Manufacturing Receives Supplier of the Year Award from ZF Industries, Tuscaloosa, Alabama

DETROIT, May 22 American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today announced that it received the 2000 Supplier of the Year Award from the ZF Industries Axle Division, Tuscaloosa, Ala. The presentation was made during ZF's Annual Supplier Conference, which this year was held a ... Continue reading

Auteo Media Announces The Launch of DealerHost.net; Company Now Offers High Quality, Web Site and Email Management Services to Automotive Dealerships

Auteo Media Announces The Launch of DealerHost.net; Company Now Offers High Quality, Web Site and Email Management Services to Automotive Dealerships

SEATTLE--May 22, 2001--Auteo Media, Inc.(OTCBB:AUTM), a leading provider of online media, communications, and marketing solutions for the automotive industry, announced today that it has launched DealerHost.net(TM), an enterprise level web site and Email management system for automotive dealerships. "DealerHost.net con ... Continue reading

Auto/Steel Partnership Intensifies Focus on Mass Reduction With New Studies That Build on UltraLight Steel Auto Body

Auto/Steel Partnership Intensifies Focus on Mass Reduction With New Studies That Build on UltraLight Steel Auto Body

SOUTHFIELD, Mich., May 22 Prompted by U.S. automakers' favorable response to the steel industry's landmark series of UltraLight Steel Auto (ULSA) initiatives, the Auto/Steel Partnership (A/SP) has initiated two ULSA-based, vehicle light weighting projects. One of the A/SP projects will use the UltraLight Steel Auto Bod ... Continue reading

BMW Vehicle Owner Trust 2001-A Rated `AAA' By Fitch

BMW Vehicle Owner Trust 2001-A Rated `AAA' By Fitch

NEW YORK--May 22, 2001--Fitch rates BMW Vehicle Owner Trust 2001-A as follows: -- $329,000,000 class A-1 3.98875% asset-backed notes `F1+'; -- $448,000,000 class A-2 4.26% asset-backed notes `AAA'; -- $449,000,000 class A-3 4.70% asset-backed notes `AAA'; -- $274,000,000 class A-4 5.11% asset-backed notes `AAA'; -- $31 ... Continue reading

Donaldson Company Announces Record Third-Quarter and Nine-Month Results

Donaldson Company Announces Record Third-Quarter and Nine-Month Results

Third Quarter Revenue Down 5 Percent and Up 6 Percent Year-To-Date; Record Third-Quarter EPS at 39 Cents, Up 3 Percent; Record Nine-Month EPS at $1.16, Up 5 Percent MINNEAPOLIS, May 22 Donaldson Company, Inc. , today reported revenue of $269.7 million for its fiscal third quarter ended April 30, 2001. Revenue for the q ... Continue reading

Fitch Affirms Ford & Ford Credit Ratings; Outlook Negative

Fitch Affirms Ford & Ford Credit Ratings; Outlook Negative

NEW YORK--May 22, 2001--Fitch has affirmed the debt ratings of Ford Motor Company (Ford), Ford Motor Credit Company (Ford Credit), Hertz Corporation and their respective subsidiaries after Ford announced a broadened recall of vehicles with Firestone all-terrain tires. The Rating Outlook has been changed to Negative fro ... Continue reading

G.I. Joe's Launches New Hiring Tool to Save Time and Money -- Brings Efficiency to Recruiting Hourly Workers in the Northwest

G.I. Joe's Launches New Hiring Tool to Save Time and Money -- Brings Efficiency to Recruiting Hourly Workers in the Northwest

PORTLAND, Ore.--May 22, 2001-- NW Sports Retail Center Fully Installs Unicru's Hiring System After Reaping Financial Rewards From Pilot Project The favorite Northwest retailer of sports and auto accessories has found the solution to a common and persistent problem -- reducing employee turnover. G.I. Joe's today announc ... Continue reading

Hayes Lemmerz Receives Contract From General Motors For Award Winning Aluminum Crossmember

Hayes Lemmerz Receives Contract From General Motors For Award Winning Aluminum Crossmember

NORTHVILLE, Mich., May 22 Hayes Lemmerz International, Inc. announced today that it was selected as the supplier of aluminum crossmembers for General Motors' all-new Pontiac Aztek and Buick Rendezvous SUVs. The terms of the contract were not disclosed. (Photo: http://www.newscom.com/cgi-bin/prnh/20010522/HLILOGO ) "Thi ... Continue reading

Hydro Environmental Resources Inc. Nears Completion Of Its Hydrogen Powered Experimental Vehicle

Hydro Environmental Resources Inc. Nears Completion Of Its Hydrogen Powered Experimental Vehicle

LAS VEGAS, May 22 Today Hydro Environmental Resources, Inc. (OTC Bulletin Board: HYER) has successfully operated its experimental vehicle referenced in a press release 5/8/01. This vehicle operates using a modified ElectroChem Hydrogen Fuel Reactor system. The system will add only a few pounds to the overall weight of ... Continue reading

McClendon Transportation Group to Test Fuel System

McClendon Transportation Group to Test Fuel System

LAFAYETTE, Ala.--May 22, 2001--McClendon Transportation Group, Inc. (Pinksheets:MCLG) announced today agreements with Alternative Fuel Systems, Inc. The accords provide for McClendon to equip one of its over-the-road tractors with a test unit that reduces emissions and increases fuel mileage. The increase in fuel effic ... Continue reading

Nebraska Farmer Leaves No Rocks Unturned in Extreme Goodyear Events

Nebraska Farmer Leaves No Rocks Unturned in Extreme Goodyear Events

GIBBON, Neb., May 22 Farmer Joel Randall's nearest boulder is 800 miles from his 3,000-acre spread. That hasn't stopped the 40-year-old Nebraskan from leading the Goodyear/Skyjacker Extreme Rock Crawling Nationals, a brutal four-event off- roading championship series. Randall spends 18 hours a day "off-road" on a farm ... Continue reading

NESCO Announces Significant Agreement With Swifty Serve

NESCO Announces Significant Agreement With Swifty Serve

TULSA, Okla.--May 22, 2001--Tulsa, Oklahoma-based NESCO, Inc. , a leading provider of fuel services to the fueling systems industry, today announced that the Company has agreed with Swifty Serve Corporation of Durham, North Carolina, to develop a minimum of fifteen (15) turnkey convenience stores with fueling facilitie ... Continue reading

Statement By Christine Karbowiak, VP of Public Affairs, Bridgestone/Firestone, Inc.

Statement By Christine Karbowiak, VP of Public Affairs, Bridgestone/Firestone, Inc.

NASHVILLE, Tenn.--May 22 /U.S. Newswire/-- Following is a statement by Christine Karbowiak, VP of public affairs, Bridgestone/Firestone, Inc.: "We want to set the record straight. At no time during yesterday's meeting between Ford and Bridgestone/Firestone, did any representative from Ford ask us to recall tires or rep ... Continue reading

Statement By John Lampe, Chairman, CEO And President Bridgestone/Firestone Inc.

Statement By John Lampe, Chairman, CEO And President Bridgestone/Firestone Inc.

NASHVILLE, Tenn.--May 22, 2001--Statement By John Lampe, chairman, CEO and president Bridgestone/Firestone Inc.: "No one cares more about the safety of the people who travel on our tires than we do. Our tires are safe. When we have a problem, we admit it and we fix it. We've proven that. "The real issue here is the saf ... Continue reading

TeleType GPS Incorporates GDT Data to Provide Personal, Real-Time Navigation Services for Mobile Devices

TeleType GPS Incorporates GDT Data to Provide Personal, Real-Time Navigation Services for Mobile Devices

LEBANON, N.H.--May 22, 2001--Geographic Data Technology, Inc., a developer of premier map databases, announced today that TeleType, Inc. has incorporated GDT street and address data into its TeleType GPS product to provide real-time personal navigation services for mobile devices via the Windows CE operating system whi ... Continue reading

Textron To Confirm Outlook at Merrill Lynch Global Industries Conference

Textron To Confirm Outlook at Merrill Lynch Global Industries Conference

PROVIDENCE, R.I.--May 22, 2001--Textron Inc. , in a presentation to investors at the Merrill Lynch Global Industries Conference, tomorrow will confirm that the company continues to expect second quarter earnings per share before special charges and restructuring-related expenses to be approximately $1.10. The company w ... Continue reading

The Timken Company Recognizes Associates' Ideas with Dedication to Excellence Awards

The Timken Company Recognizes Associates' Ideas with Dedication to Excellence Awards

CANTON, Ohio, May 22 The Timken Company honored recipients of the Dedication to Excellence Award, the company's highest corporate distinction, at a ceremony at its Canton, Ohio, headquarters today. Dedication to Excellence Awards are given twice yearly to recognize associates' exemplary continuous-improvement efforts. ... Continue reading

Ziebart Announces Exclusive Anti-Bacterial Automotive Interior Cleaning Process

Ziebart Announces Exclusive Anti-Bacterial Automotive Interior Cleaning Process

TROY, Mich., May 22 Ziebart International Corporation today announced its new, exclusive anti-bacterial interior detailing process that kills more than 99 percent of germs in a vehicle's interior. Ziebart provides this anti-bacterial process as part of Ziebart's Inner-Clean(R) detailing service. This unique, patent-pen ... Continue reading

TACH SPECIAL: The Auto Channel presents hot jazz and cool cars

TACH SPECIAL: The Auto Channel presents hot jazz and cool cars

May 23, 2001 Auto Central - May 22, 2001 - On Wednesday, May 23rd, THE AUTO CHANNEL will present more than three hours of great Jazz music in celebration of this weekend's Sacramento Jazz Jubilee - the world's largest jazz festival. The concert features FAT SAM, Scotland's premier band, with a special appearance by the ... Continue reading

BorgWarner Morse TEC Chain to Drive 30 Cars at Indy 500

BorgWarner Morse TEC Chain to Drive 30 Cars at Indy 500

All Olds Aurora Engines Equipped with New-Generation, High-Durability Chain CHICAGO, May 22 All but three cars at Sunday's Indianapolis 500 will be powered by Oldsmobile Aurora engines that use a high-durability BorgWarner Morse TEC chain system. During qualifying races at the Indianapolis Motor Speedway earlier this m ... Continue reading

Godzilla Vs. Mothra: Gartner Says Bridgestone/Firestone and Ford Legal Agendas Are Jeopardizing Customer Relationship Management

Godzilla Vs. Mothra: Gartner Says Bridgestone/Firestone and Ford Legal Agendas Are Jeopardizing Customer Relationship Management

STAMFORD, Conn.--May 22, 2001--Analysts at Gartner, Inc. today said that the Bridgestone/Firestone and Ford breakup has the two firms focused on each other at the expense of customers. The result, according to Gartner, will be an increased market share for competitors of both companies. "The finger pointing may advance ... Continue reading

Godzilla Vs. Mothra: Statement Of John Lampe, President And CEO Bridgestone/Firestone, Inc.

Godzilla Vs. Mothra: Statement Of John Lampe, President And CEO Bridgestone/Firestone, Inc.

NASHVILLE, Tenn.--May 22, 2001--Following is a statement by John Lampe, president and CEO of Bridgestone/Firestone, Inc.: "We applaud Chairman Tauzin's call for additional hearings. As I told Chairman Tauzin last evening, we believe there are significant safety concerns with a substantial segment of Ford Explorers. ... Continue reading

The Exhilarating Thrill of Luxury Driving BMW's M Series School Debuts

The Exhilarating Thrill of Luxury Driving BMW's M Series School Debuts

Driving enthusiasts will enjoy this year's ultimate Father's Day gift: M School -- an exhilarating two-and-a-half days of high-performance driving instruction at the BMW Performance Center Driving School. "The M School was developed for enthusiasts who want to learn how to get the most out of BMW's high performance M b ... Continue reading

Volvo Global Trucks Deliveries, January-April 2001

Volvo Global Trucks Deliveries, January-April 2001

Deliveries from Volvo Global Trucks, which comprises Mack Trucks, Inc., Renault V.I. and Volvo Trucks, during the period January-April 2001 amounted to 55,062 units compared to 61,461 in the same period last year. Order intake was down 14%, of which North America was down 30% and Europe 10% compared to the same period ... Continue reading

Ballard to Acquire Carbon Products Division of Textron Systems

Ballard to Acquire Carbon Products Division of Textron Systems

Ballard Power Systems Inc. announced that it has signed an agreement with Textron Systems of Wilmington, Massachusetts under which Ballard will acquire Textron's carbon products business unit for US$12.8-million. The acquisition is expected to close on May 25, 2001. This business unit develops and manufactures a variet ... Continue reading

Desire for Horsepower and Torque Driving Exhaust Systems Aftermarket

Desire for Horsepower and Torque Driving Exhaust Systems Aftermarket

A successful niche for the performance exhaust aftermarket is growing as drivers invest more in their cars out of desire rather than necessity. New analysis from Frost & Sullivan (www.transportation.frost.com), "North American Exhaust Aftermarket," reveals this market generated $773.4 million in 2000 and is projected t ... Continue reading

Goodyear Releases Monthly Investor Update

Goodyear Releases Monthly Investor Update

Goodyear's Investor Relations department today published its monthly update for individuals interested in tracking Goodyear's progress on a more frequent basis. Operating Highlights North American Tire * In April, industry shipments to the replacement market were 6 percent below last year's levels for consumer tires. G ... Continue reading

Reprint Of August 9, 2000 Firestone Recall Notice

Reprint Of August 9, 2000 Firestone Recall Notice

FIRESTONE TIRE RECALL GENERAL INFORMATION At 11:00 am on Wednesday, August 9, 2000, Bridgestone/Firestone (Firestone) and Ford announced jointly that Firestone will recall approximately 14.4 million tires that contain a safety-related defect. (Most of the tires in question were original equipment on Ford vehicles, prim ... Continue reading

QUANTUM and Thiokol Establish World Class Hydrogen Test Facility

QUANTUM and Thiokol Establish World Class Hydrogen Test Facility

QUANTUM Technologies, Inc., a wholly owned subsidiary of IMPCO Technologies, Inc. and Thiokol Propulsion Corp., a wholly owned subsidiary of Alliant Techsystems Inc. , today announced that the world's most advanced hydrogen storage testing facility is scheduled to open soon at Thiokol Propulsion's NASA Space Shuttle ro ... Continue reading

APPMA Warns Unrestrained Pets Cause Serious Auto Accidents

APPMA Warns Unrestrained Pets Cause Serious Auto Accidents

While people know it's important to buckle up in a car, a majority of the 40 million pets expected to hit the roads this vacation season will not be properly restrained, causing an unnecessary safety hazard to pets and people alike. The American Pet Products Manufacturers Association (APPMA) learned that an unsecured 6 ... Continue reading

Pep Boys Offers Consumers Tips On Getting Vehicles Ready for Summer

Pep Boys Offers Consumers Tips On Getting Vehicles Ready for Summer

With Memorial Day weekend fast approaching and vacationers planning family trips and long drives, it is more important then ever that vehicles be in the best possible condition to handle the rigors of summer driving. So whether plans call for taking off cross-country or just cruising around the neighborhood, Pep Boys w ... Continue reading

Murata Electronics Introduces World's Smallest Bluetooth Module

Murata Electronics Introduces World's Smallest Bluetooth Module

Murata Electronics North America (www.murata.com), a world-leading innovator in electronics, today introduced Blue Module(TM), the world's smallest Bluetooth(TM) module. Developed using unique Low Temperature Co-Fired Ceramics (LTCC) technology, Murata integrates both active devices (IC's) and passive components onto a ... Continue reading

ANC Rental Partners With ProBusiness for Outsourced Payroll Tax Solution

ANC Rental Partners With ProBusiness for Outsourced Payroll Tax Solution

ProBusiness' PeopleSoft Interface Provides Time-saving Solution PLEASANTON, Calif., May 22 ProBusiness Services, Inc. announced today that ANC Rental Corporation , parent of National Car Rental and Alamo Rent a Car, has implemented the ProBusiness(R) tax service with the ProBusiness PeopleSoft Payroll Interface, which ... Continue reading

Championship Auto Racing Teams, Inc. Provides Updated 2001 Financial Guidance

Championship Auto Racing Teams, Inc. Provides Updated 2001 Financial Guidance

DETROIT, May 21 Championship Auto Racing Teams, Inc. today provided updated financial guidance with respect to anticipated restructuring costs and responds to inquiries with respect to the financial impact of the recent postponed race at Texas Motor Speedway. As announced on April 23, 2001, the Company began restructur ... Continue reading

Delphi Continues Portfolio Realignment

Delphi Continues Portfolio Realignment

TROY, Mich., May 22 Continuing to act on its pledge to realign its businesses portfolio, today Delphi Automotive Systems announced that it has exited three ventures with total non-consolidated sales of approximately $60 million. The divestitures include two minority interest businesses, located in North America and Sou ... Continue reading

Father's Day Car Shows 'Celebrate The Old Man and His Old Car'; Hemmings Motor News Offers Free Help and Cash Prizes

Father's Day Car Shows 'Celebrate The Old Man and His Old Car'; Hemmings Motor News Offers Free Help and Cash Prizes

BENNINGTON, Vt., May 22 Dads weary of yet-another-necktie and the Father's Day buffet at a local eatery will appreciate Father's Day Car Shows, either as participant or spectator, and Hemmings Motor News is helping hundreds of car clubs nationwide "Celebrate The Old Man and His Old Car" with Father's Day 2001 Car Shows ... Continue reading

Ford Motor Company Chooses Optate's Online BENEFITcompanion

Ford Motor Company Chooses Optate's Online BENEFITcompanion

ANN ARBOR, Mich., May 22 More than 50,000 Ford Motor Company salaried active employees and retirees across the country can now access their health care and benefit information online with BENEFITcompanion, an innovative e-benefits portal from Optate, an Ann Arbor, Michigan-based company. Optate's best-of-breed solution ... Continue reading

''Guardian Technologies Merger Update''; Guardian and Vairex Announce Progress Towards Closing

''Guardian Technologies Merger Update''; Guardian and Vairex Announce Progress Towards Closing

CAREFREE, Ariz.--May 22, 2001--Guardian Technologies International, Inc. , announced today that it has made significant strides in its efforts to complete the acquisition of Vairex Corporation. The first round of the private equity placement by Vairex have been received. These proceeds have been used to satisfy commitm ... Continue reading

KleenAir Secures Exclusive U.K. Rights For CRT Particulate Trap

KleenAir Secures Exclusive U.K. Rights For CRT Particulate Trap

NEWPORT BEACH, Calif.--May 22, 2001--KleenAir Systems Inc. (OTCBB:KAIR) has announced the signing of a letter of intent for exclusive U.K. distribution rights for a line of CRT Particulate Traps and Diesel Oxidizing Catalysts. The agreement will also cover private labeling of these products under the KleenAir brand nam ... Continue reading

Lorain County Leaders Take Drive Safer America! Skid Pad Challenge

Lorain County Leaders Take Drive Safer America! Skid Pad Challenge

LORAIN, Ohio, May 22 Lorain County safety leaders will experience the difference between four wheel anti-lock brakes (ABS) and conventional braking at a Safe Community Coalition event on May 24, held in cooperation with the Drive Safer America! Skid Pad Challenge. Continental Teves, sponsor of Drive Safer America! and ... Continue reading

Precision Resource, Inc. Acquires Chicago Fineblanking Corporation; Fineblanking Leader Continues On Track to Become Premier Supplier for Automotive World

Precision Resource, Inc. Acquires Chicago Fineblanking Corporation; Fineblanking Leader Continues On Track to Become Premier Supplier for Automotive World

SHELTON, Conn.--May 22, 2001--Precision Resource, Inc., one the largest contract fineblanking manufacturers in the world and a leader in the development of fineblanking technology, today announced it has acquired Chicago Fineblanking Corporation. As a result of this acquisition, Precision Resource, Inc. will enhance it ... Continue reading

PSA Peugeot Citroen Joins Covisint

PSA Peugeot Citroen Joins Covisint

Automaker Looks to Industry Exchange to Streamline Business-to-Business Operations DETROIT, May 22 Covisint's Board of Directors today announced that the sixth-largest car manufacturer in the world, French automaker PSA Peugeot Citroen, has committed to take an equity stake in the automotive e-business exchange and wil ... Continue reading

Shifting Commuter Habits Can Save Money on Auto Insurance Reducing Driving to Curb Gas Crunch Could Cut Your Insurance Costs

Shifting Commuter Habits Can Save Money on Auto Insurance Reducing Driving to Curb Gas Crunch Could Cut Your Insurance Costs

NEW YORK, May 22 With gasoline prices soaring, highway commuters can turn to public transportation or car-pooling to ease the gas crunch. Not only will they save gas dollars by hopping on the bus or train, or riding to work with neighbors, there may be an added bonus -- a reduction on their auto insurance. By reducing ... Continue reading

Trelleborg: Maurizio Vischi Appointed New President of Trelleborg Wheel Systems Business Area

Trelleborg: Maurizio Vischi Appointed New President of Trelleborg Wheel Systems Business Area

STOCKHOLM, Sweden--May 22, 2001--Maurizio Vischi, 45, has been appointed new President of the Trelleborg Wheel Systems business area, effective June 1, 2001. Maurizio Vischi is a Master of Business Administration and has extensive international experience within the tire industry from both Pirelli and Trelleborg, where ... Continue reading

U.S. Bank Selected as Indenture Trustee for Isuzu's First Publicly Issued Motor Vehicle Asset-backed Note Financing

U.S. Bank Selected as Indenture Trustee for Isuzu's First Publicly Issued Motor Vehicle Asset-backed Note Financing

MINNEAPOLIS, May 22 U.S. Bank today announced that Isuzu Motors Acceptance Corporation ("IMAC") has selected the bank as indenture trustee for their first publicly issued motor vehicle asset-backed note financing. In its role as indenture trustee for the $440,897,000 Isuzu Auto Owner Trust 2001-1, Asset Backed Notes, U ... Continue reading

LoJack Corporation Will Make Presentation at the Wall Street Analyst Forum On June 4, 2001

LoJack Corporation Will Make Presentation at the Wall Street Analyst Forum On June 4, 2001

DEDHAM, Mass., May 22 LoJack Corporation announced today that Ronald J. Rossi, chairman and CEO, and Joseph F. Abely, president and COO, will make a presentation to analysts and portfolio managers at the Wall Street Analyst Forum's Institutional Investor Conference in New York on Wednesday, June 4, 2001 at 11:15 a.m. E ... Continue reading

Ford to Announce Plan to Replace 10-13 Million Firestone Tires: aftermarketnews

Ford to Announce Plan to Replace 10-13 Million Firestone Tires: aftermarketnews

Thanks to aftermarketnews.com for this story. DETROIT -- According to several news reports this morning, Ford Motor Co. plans to replace 10-13 million Firestone tires, far surpassing the huge recall ordered last summer by Bridgestone/Firestone. This comes after Ford officials issued a statement from CEO Jacques Nasser ... Continue reading

Washington Post Ford Vs. Bridgestone Story

Washington Post Ford Vs. Bridgestone Story

Here is the Washington Posts take on the fight between Ford and Bridgestone. Bridgestone/Firestone Inc. announced yesterday that it is severing its 95-year-old relationship with Ford Motor Co., accusing the carmaker of "casting doubt" on the quality of Firestone tires to "divert attention" from safety problems in its p ... Continue reading

Mothra Vs. Godzilla:Bridgestone President Watanabe: No Ford: No Big Deal!

Mothra Vs. Godzilla:Bridgestone President Watanabe: No Ford: No Big Deal!

TOKYO -- Bridgestone Corp. President Shigeo Watanabe said the move by Bridgestone/Firestone to stop supplying tires in the Americas to the Ford Motor Co. will reduce Bridgestone's annual group sales by less than 2 percent. He added that the Nashville-based subsidiary currently generates around 3-4 percent of group sale ... Continue reading

Toyota Statement in Response to Remarks by Reverend Jesse Jackson

Toyota Statement in Response to Remarks by Reverend Jesse Jackson

TORRANCE, Calif., May 22 Toyota Motor Sales (TMS) USA, Inc. issued the following statement in response to concerns expressed by Rev. Jesse Jackson, president of the Rainbow/PUSH Coalition, regarding a particular Toyota marketing promotion: The promotional piece referred to by Reverend Jackson was one of three free post ... Continue reading

NASCAR WCUP: Johnny Benson Has A Million Reasons To Win Sunday

NASCAR WCUP: Johnny Benson Has A Million Reasons To Win Sunday

May 22, 2001 Johnny Benson’s #10 Valvoline Pontiac will have at least a million dollars and one trophy on its mind when the green flag drops late Sunday afternoon in Charlotte. Benson’s third-place finish at Las Vegas makes him and four other drivers eligible for a $1 million bonus if he were to win Sunday. ... Continue reading

TRANS AM: Gary Longo Update

TRANS AM: Gary Longo Update

May 22, 2001 BOWMANVILLE, ONT. – Twenty-five year old rookie Trans-Am Series Driver Gary Longo, of Chicago, Ill., was seriously injured in an accident Sunday at Mosport International Raceway while competing in the 125 mile Trans-Am event. Longo was airlifted to the Sunnybrook and Women’s College Health Scie ... Continue reading

FORMULA ONE: 2000 Indy 500 winner Montoya takes F1 by storm

FORMULA ONE: 2000 Indy 500 winner Montoya takes F1 by storm

May 22, 2001 INDIANAPOLIS, Monday, May 21, 2001 - He may have only finished one Grand Prix in his first six Formula One starts, but last year's Indianapolis 500 winner, Juan Pablo Montoya, has already made a huge impression in his rookie Formula One season. After winning the 1998 FIA International FIA Formula 3000 cham ... Continue reading

USAC: Gamester wants 'Hulman Hundred' that got away

USAC: Gamester wants 'Hulman Hundred' that got away

May 22, 2001 Russ Gamester of Peru, Ind. wants A.J. Foyt's True Value "Hulman Hundred" trophy in the worst way. He was on his way to victory in the 1997 event when a broken brake rotor sent him into the second turn crashwall. After losing the "trifecta" of three straight Coors Light Silver Bullet wins in a row May 12 a ... Continue reading

USAC: 100 laps await Western Midgets at Carson City Saturday

USAC: 100 laps await Western Midgets at Carson City Saturday

May 22, 2001 USAC's WorldCom Western Midget Car participants are gearing up for Saturday night's 100-lap USAC/BCRA race at Carson Tahoe Champion Speedway in Carson City, Nev. The race is the first of two 100-lap feature events they'll contest this year. Only the "Turkey Night Grand Prix" at Irwindale, Calif. in Novembe ... Continue reading

USAC: Hollingsworth gets 1st USAC victory in Dirt Regional opener

USAC: Hollingsworth gets 1st USAC victory in Dirt Regional opener

May 22, 2001 Shane Hollingsworth of Indianapolis, Ind. now has something his father earned during his racing career - a USAC feature victory on his resume'. Hollingsworth drove his Concrete Connection/George's Concrete Pumping/United Insurance Agencies/TW Metals Esslinger Beast to victory in Saturday night's 25-lap USA ... Continue reading

USAC: Hines adds 'Tony Hulman Classic' trophy to his collection

USAC: Hines adds 'Tony Hulman Classic' trophy to his collection

May 22, 2001 Tracy Hines of New Castle, Ind. added the "Tony Hulman Classic" trophy to his impressive mantle Saturday night, winning the 31st annual Stoops Freightliner Sprint Car race at the Terre Haute (Ind.) Action Track. Hines caught early leader Eric Burns on the 16th lap and led the rest of the way in his Hannig ... Continue reading

USAC: Kahne eyes 'Night before the 500' repeat after 1st 2001 win at Hawkeye Downs

USAC: Kahne eyes 'Night before the 500' repeat after 1st 2001 win at Hawkeye Downs

May 22, 2001 Defending WorldCom USAC National Midget Car Champion Kasey Kahne earned his initial victory of this year in Friday night's 30-lap race at Hawkeye Downs in Cedar Rapids, Iowa. He caught Bobby East on the 22nd lap and led the rest of the way in his Ford/ASE/Performance Racing Industry Beast. Kahne's win left ... Continue reading

INDY 500: Giaffone to replace Boesel at Indy

INDY 500: Giaffone to replace Boesel at Indy

May 22, 2001 INDIANAPOLIS, Monday, May 21, 2001 - Felipe Giaffone will replace Raul Boesel in the 85th Indianapolis 500 for Treadway-Hubbard Racing, team officials announced May 21. Boesel qualified the #5T Meijer G Force/Oldsmobile/Firestone on Bump Day, May 20, for the 31st starting spot with a four-lap average of 22 ... Continue reading

NHRA: Team Jeg's is ready to make some noise in Pro Stock

NHRA: Team Jeg's is ready to make some noise in Pro Stock

May 22, 2001 Jeg and Troy Coughlin are ready to make some noise when the Pro Stock brother duo returns to Heartland Park Topeka for the NHRA Advanced Auto Parts Nationals. Things have been relatively quiet in the Team Jeg's camp this year. The win column has not reflected the skill and talent that the team has. "The ne ... Continue reading

INDY 500: SunTrust to sponsor Indy Racing Event at Richmond

INDY 500: SunTrust to sponsor Indy Racing Event at Richmond

May 22, 2001 RICHMOND, Va., Monday, May 21, 2001 -- Officials at Richmond International Raceway and SunTrust announced today a partnership to sponsor the inaugural Indy Racing Northern Light Series event at Richmond International Raceway on June 30. The SunTrust Indy Challenge will be the second night race of the Indy ... Continue reading

RACING HISTORY: The Great Races: 1965 Indianapolis 500

RACING HISTORY: The Great Races: 1965 Indianapolis 500

May 22, 2001 Jim Clark, with help from the Wood Brothers, gives Ford its first victory at the famed Brickyard INDIANAPOLIS, Ind., May 31, 1965 - Jim Clark led 190 of a possible 200 laps to lead a Ford sweep of the top four positions in the 1965 Indianapolis 500 giving Ford Motor Company its first victory in the famed 5 ... Continue reading

ARCA's Frank Kimmel controls Lowe's

ARCA's Frank Kimmel controls Lowe's

May 22, 2001 CONCORD NC – There were only two scenarios that could have kept ARCA RE/MAX Series veteran Frank Kimmel from victory lane Saturday at Lowe’s Motor Speedway – a rookie and a wreck. Kimmel, in Larry Clement’s Advance Auto Parts-Pork Ford, managed to avoid both on his way to winning th ... Continue reading

INDY 500: Stewart, Vasser, Junqueira and Minassian confident they can follow in Montoya's footsteps

INDY 500: Stewart, Vasser, Junqueira and Minassian confident they can follow in Montoya's footsteps

May 22, 2001 Indianapolis -- Although former Team Target driver Juan Montoya is not returning for the 2001 Indy 500, Target Chip Ganassi Racing remains a favorite to defend its title on May 27. However, with talented drivers Tony Stewart, Jimmy Vasser, Bruno Junqueira and Nicolas Minassian representing the defending ch ... Continue reading

USAC: Bauer takes rain-abbreviated Tuscon Sprint

USAC: Bauer takes rain-abbreviated Tuscon Sprint

May 22, 2001 USAC Western Sprint Car point leader Randy Bauer extended his lead to nine points over runner-up Jeff Gardner with Saturday night's victory in the rain-abbreviated 40-lap feature at Tucson (Ariz.) Raceway Park. Bauer, of Kingston, Wash., led all 14 laps in his Asphalt Contracting/Say When Casino Chevy Beas ... Continue reading

Mothra Vs. Godzilla: Read The Letter From Bridgestone/Firestone To Ford That Officialy Ends Relationship.

Mothra Vs. Godzilla: Read The Letter From Bridgestone/Firestone To Ford That Officialy Ends Relationship.

Bridgestone/Firestone, Inc. announced it is terminating its almost 100-year business relationship of supplying tires to the Ford Motor Company. "Business relationships, like personal ones, are built upon trust and mutual respect. We have come to the conclusion that we can no longer supply tires to Ford since the basic ... Continue reading

Verizon Wireless Continues to Support Wireless Safety Week

Verizon Wireless Continues to Support Wireless Safety Week

"As the nation's largest wireless carrier we think it is important for Americans, especially our customers, to know that we have long taken a leadership position on the responsible use of in-vehicle wireless phones. Wireless phones are one of the most important safety tools ever introduced and encouraging drivers to us ... Continue reading

Ultra Motorcycle Co. Files for Chapter 11

Ultra Motorcycle Co. Files for Chapter 11

Ultra Motorcycle Co. announced that: The company filed a petition for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Central District of California on May 21, 2001. The filing was necessitated by the threat of a foreclosure sale scheduled later that day by the company's sec ... Continue reading

Ford Motor Company Statement Regarding Firestone Announcement

Ford Motor Company Statement Regarding Firestone Announcement

The following is attributed to Jacques Nasser, President and CEO, Ford Motor Company : This morning, Ford's lead research team met with Firestone's top management in Nashville to present the most recent analysis of Firestone Wilderness AT tires. This analysis is based on discussions with both Firestone and the National ... Continue reading

Global Technovations Announces Fiscal 2001 Second Quarter Results

Global Technovations Announces Fiscal 2001 Second Quarter Results

Global Technovations, Inc. reported a net loss of $4,217,818 for the second fiscal quarter ended March 31, 2001 compared to a net loss of $1,362,034 for the same three-month period ended March 31, 2000. The net loss for the six months ended March 31, 2001 was $7,008,608, compared to a net loss of $2,390,186 for the sam ... Continue reading

Annual Survey Grades Americans on Their Safe Driving Behaviors

Annual Survey Grades Americans on Their Safe Driving Behaviors

The third annual consumer safe driving survey, commissioned by TheSteelAlliance, gives Boston an F -- making it the most unsafe of all cities surveyed. Seven other major cities -- Chicago, Cleveland, Dallas, Detroit, Los Angeles, Miami, and Washington, D.C., earned grades ranging from "A" to "D." TheSteelAlliance Safet ... Continue reading

Dyna Group International, DGIX, Announces Earnings for the Q1

Dyna Group International, DGIX, Announces Earnings for the Q1

Dyna Group International announced earnings for the first quarter ended March 31, 2001. First quarter ended March 31 ----------------------------- 2001 2000 ---- ---- Revenues 2,755,803 1,877,713 Operating income 165,581 (50,683) Income Tax 61,600 (1,300) Net Income (loss) 103,981 (51,983) Earnings per share .014 (.01) ... Continue reading

Gas Prices On The Rise -- How To Cope

Gas Prices On The Rise -- How To Cope

Auto Channel -- Robert Gordon, Co-Publisher, With the economy slowing and skyrocketing gas prices, consumers in the market for a new car need some important information and guidance before they hit up the dealerships. Auto buying surveys done by Consumer Reports have shown that too many buyers visit just one or two dea ... Continue reading

Search The Auto Channel

The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.

The Auto Channel Content by Topic

Vehicle manufacturers and alt fuels.