Study of OnStar Calls Reveals That its Embedded Cell Phones are Safe
An unprecedented study, conducted as part of General Motors' "SenseAble driving" program (a $10 million, multi- year effort to address driver distraction), reveals that the embedded cellular phone used in GM's OnStar system has had an outstanding safety performance record since it was initiated five years ago. The stud ... Continue reading
Update for NHTSA Test of Majestic's SAFE-T-BAR School Bus Restraint
Majestic SAFE-T-PRODUCTS, Ltd., a wholly-owned subsidiary of The Majestic Companies, Ltd., announced that the NHTSA (National Highway Transportation Safety Administration) sanctioned test of its SAFE-T-BAR school bus occupant restraint, which had originally been scheduled to occur in the mid August time frame, has been ... Continue reading
AmeriCredit Corp. Updates Insider Selling Information
FORT WORTH, Texas--Aug. 22, 2001--AMERICREDIT CORP. announced today that Clifton H. Morris, Jr., Executive Chairman of the Board, and Michael R. Barrington, Chief Executive Officer, in the week ended August 17, 2001, completed the sale of shares of the Company's common stock acquired by them through the exercise of a p ... Continue reading
AMETEK Declares Quarterly Dividend of Six Cents Per Share
AMETEK Declares Quarterly Dividend of Six Cents Per Share PAOLI, Pa., Aug. 22 The board of directors of AMETEK Inc. today declared a regular quarterly dividend of six cents per share for the third quarter ending September 30, 2001. The third quarter dividend is payable September 28, 2001, to shareholders of record Sept ... Continue reading
Autoliv Relocates Labor Intensive Manufacturing
STOCKHOLM, Sweden--Aug. 22, 2001--Autoliv Inc. (Stockholm Stock Exchange: ALIV.) today announced that it has started compulsory negotiations with the local trade union at its plant in Kungalv, Sweden, to move most of its Swedish airbag cushion cut and sew operations from Kungalv to its existing plant in Olawa in Poland ... Continue reading
Autoliv Relocates Labor Intensive Manufacturing
Autoliv Inc. announced that it has started compulsory negotiations with the local trade union at its plant in Kungalv, Sweden, to move most of its Swedish airbag cushion cut and sew operations from Kungalv to its existing plant in Olawa in Poland. Last week, Autoliv announced that similar production in the US, which ha ... Continue reading
Compass Energy Adds Horsepower With New Investment
ATHENS, Ga.--Aug. 22, 2001--Compass Energy Corporation (OTC:CECP) announced today through its operating subsidiary, Independent Southern, Inc. it has purchased a 50% equity ownership in Southeastern Horsepower, Inc. (SHI), a builder of customized, specialty Ford Mustang engines. Independent Southern is to supply SHI wi ... Continue reading
CHICAGO--Aug. 22, 2001--Quixote Corporation announced today that its Chief Financial Officer and Treasurer, Daniel P. Gorey, 49, has been elected to its Board of Directors. Mr. Gorey will fill the vacancy created by the death of Philip E. Rollhaus, Jr., the Company's founder and former Chairman who died earlier this ye ... Continue reading
Explosive Penny Stock Alert 23017
DataLogic International, Inc. (OTCBB:DLGI) CONTRACT ANNOUNCEMENTS AND HUGE NEWSLETTER COVERAGE FOR DLGI !!! This Thursday. DLGI will be profiled by some major newsletters. Therewill be huge volume and a strong increase in price for several days.These are the same newsletters that profiled PDYN two weeks ago. Theybrough ... Continue reading
Kenworth News Alert: Record-Breaking T200 on ESPN II
NOTE TO EDITORS: According to the current ESPN II broadcast schedule on its website, this year's Pikes Peak International Hill Climb 30-minute show on big rigs/trucks will first air on Thursday, Aug. 23 at 11:30 p.m. (EDT). The broadcast features the Kenworth/CFI T2000 Red Racer Peak Performer and driver Bruce Canepa r ... Continue reading
ST. PETERSBURG, Fla.--Aug. 22, 2001--Payless Car Rental System, Inc. has announced that the company will participate in Worldspan Car Source, the highest level of connectivity for the GDS. The new process allows travel agents to gain access quickly and easily to Payless Car Rental System's real time rates and availabil ... Continue reading
PCBM Retires 27,029,000 Shares
CLEARWATER, Fla.--Aug. 22, 2001--Pinnacle Business Management (Pink Sheets:PCBM) announced today that, in an effort to solidify its market position and increase share value, it has retired more than 27 million shares. The company has entered into a settlement in which the shares, 27 million of which were issued to Roy ... Continue reading
Press Release: Magna International Inc. Aug 22, 2001
Press Release: Magna International Inc. Aug 22, 2001 Confirms at A and R-1 (low) David Schroeder, Kam Hon / (416) 593-5577 ext.232, ext.243 / e-mail: dschroeder@dbrs.com Rating Trend Rating Action Debt Rated "A" Stable Confirmed Senior Debt A (low) Stable Confirmed Convertible Unsecured Subordinated Debt Pfd-2y Stable ... Continue reading
SEMCOG Reminds Southeast Michigan Motorists to Buckle Up!
SEMCOG Reminds Southeast Michigan Motorists to Buckle Up! DETROIT, Aug. 22 Whether commencing on the daily commute or making a quick trip to the corner store, SEMCOG, the Southeast Michigan Council of Governments, urges motorists to buckle up every time they drive! Studies show that seat belt usage -- on the rise in 20 ... Continue reading
Tecumseh Products Company Declares Regular Quarterly Cash Dividend Of $.32 Per Share
Tecumseh Products Company Declares Regular Quarterly Cash Dividend Of $.32 Per Share TECUMSEH, Mich., Aug. 22 Tecumseh Products Company announced today the declaration of a regular quarterly cash dividend of $.32 per share payable September 28, 2001 to shareholders of record of its Class A and Class B Common Stock as o ... Continue reading
Fitch Rates Ford Credit Auto Owner Trust 2001-D `AAA'
NEW YORK--Aug. 22, 2001--Fitch rates Ford Credit Auto Owner Trust 2001-D as follows: -- $572,600,000 class A-1 3.461% asset-backed notes, 'F1+'; -- $842,000,000 class A-2 3.710% asset-backed notes, 'F1+'; -- $970,000,000 class A-3 4.310 asset-backed notes, 'AAA'; -- $191,000,000 class A-4 4.720% asset-backed notes, 'AA ... Continue reading
Sports Car Club of America to Move Headquarters to Kansas
FOR IMMEDIATE RELEASE SPORTS CAR CLUB OF AMERICA TO MOVE HEADQUARTERS TO KANSAS Topeka to Become Grassroots Motorsports Capital of the World TOPEKA, Kan. (August 22, 2001) -- The Sports Car Club of America, Inc. announced today that its national headquarters would move to Topeka, Kansas in November of 2002. The 60,000- ... Continue reading
Coventry Gets Ready to Celebrate Rolls-Royce Landmark
Coventry Gets Ready to Celebrate Rolls-Royce Landmark LONDON, Aug. 22 Coventry's key role in the development of the jet engine will be celebrated next month with the 50th anniversary of the entry into production of the Viper engine, which is believed to be a world record for a gas turbine engine still in production. Th ... Continue reading
CHICAGO--Aug. 22, 2001--Quixote Corporation announced today that its Chief Financial Officer and Treasurer, Daniel P. Gorey, 49, has been elected to its Board of Directors. Mr. Gorey will fill the vacancy created by the death of Philip E. Rollhaus, Jr., the Company's founder and former Chairman who died earlier this ye ... Continue reading
GM Statement Following Earnhardt Report
GM Statement Following Earnhardt Report The Following Statement May be Attributable To Herb Fishel, Executive Director of GM Racing. DETROIT, Aug. 21 General Motors remains a willing and determined partner with NASCAR regarding driver safety. Though we had no role in the Dale Earnhardt investigation, we remain committe ... Continue reading
LTV to Sell VP Buildings Unit to Grupo IMSA
LTV to Sell VP Buildings Unit to Grupo IMSA CLEVELAND, Aug. 21 The LTV Corporation (OTC Bulletin Board: LTVCQ) today announced that it has selected Grupo IMSA SA deCV as the successful bidder for all of the assets of VP Buildings, Inc. and certain related VP Buildings subsidiaries. VP Buildings is the nation's second l ... Continue reading
WESTBLOOMFIELD, Mich.--Aug. 22, 2001--When true innovations come along they are by definition ahead of their time. A frame of reference does not exist for individuals to relate to. With this in mind the innovation can be shown, explained, demonstrated etc., and still not be recognized for its full impact. So, hiding it ... Continue reading
Bulletin from Sapa AB's Extra Annual General Meeting
STOCKHOLM, Sweden--Aug. 22, 2001--At Sapa AB's Extra Annual General Meeting in Stockholm, Ole Enger, President and CEO of Elkem asa, and Anders Carlberg, Board member in the same company, were elected as new Board members of Sapa AB. The Meeting also decided that the Board should consist of 8 members and no deputies. T ... Continue reading
CarsDirect.com Launches Dedicated Automotive Research Center
LOS ANGELES--Aug. 22, 2001-- Research Center Will Provide Comprehensive Pricing Information, Cost-of-Ownership Data, In-Depth Vehicle Reviews, Other Useful Tools CarsDirect.com, the leading online automotive provider, today announced the launch of a comprehensive research center on its award-winning Web site. The new r ... Continue reading
MIAMI--Aug. 22, 2001--UOL Argentina has redesigned its "Biblioteca" channel (http://www.uol.com.ar/noticias/biblioteca) and added new content material, including a cycle of reports on major figures of today. The idea is to bring books closer to Internet fans and help achieve the essential purpose of literature, the ple ... Continue reading
UOL Internacional Launches A New Channel, UOLAutos
MIAMI--Aug. 22, 2001--UOL Internacional announced today the launching of its new channel UOLAutos together with Arrancar.com, whose major emphasis is on information on the automotive market in Spanish-speaking countries and on connecting affiliated dealers with potential consumers. Also offered is information from Spor ... Continue reading
U.S. Olympic Team Hopeful In Layton-Area To Receive Vehicle To Help Support Olympic Dream
FOR RELEASE: August 22, 2001 U.S. Olympic Team Hopeful In Layton-Area To Receive Vehicle To Help Support Olympic Dream 40 Hopefuls Across the Nation Receive Chevrolet Vehicles LAYTON, Utah -Jennifer Davidson, Layton-area native and U.S. Olympic Team hopeful in bobsledding, today received a new Chevrolet Tahoe from Youn ... Continue reading
Williams Controls Reports Third Quarter Results
Williams Controls, Inc. announced its results for the third quarter of fiscal 2001 ended June 30, 2001. Sales for the third quarter decreased 30% to $12,601,000 compared to $18,022,000 reported in the third quarter of fiscal 2000. For the nine months ended June 30, 2001, sales decreased 17% to $42,610,000 compared to t ... Continue reading
PixTech Chief Executive Officer Dies
PixTech, Inc. today announced that Dieter Mezger, president, chief executive officer, and director of PixTech, died suddenly Monday, August 20, 2001, in Boise, Idaho. He was 58. Ronald J. Ritchie, a director of the company, has been elected to serve as interim chief executive officer until a permanent replacement is na ... Continue reading
Semcon Experiences Continued Stable Growth
Semcon AB Sales rose by 16 % to SEK 604.5 million (520.5 m). -- The operating margin before goodwill (EBITA) was 8.1 % (7.8*). -- Operating profit after goodwill rose by 16 % to SEK 45.5 million (39.2*) -- Significantly improved cash flow. -- Forecast of strong sales growth and significantly improved operating margin f ... Continue reading
Capstone Turbine Substantially Lowers Sales Expectations for Third Quarter
Capstone Turbine Corporation , a leading producer of low-emission microturbine systems, today announced that it has substantially lowered its expectations for sales of its 30-kilowatt and 60-kilowatt microturbine units during the quarter ending September 30, 2001 and for the full year 2001. "We reported in our SEC fili ... Continue reading
Johnson Controls to Implement Supply Chain Visibility Applications
Covisint and SupplySolution today announced that Johnson Controls , a global supplier of automotive interior systems, will implement SupplySolution's i-Supply(TM) Service for supply chain visibility throughout its North American manufacturing facilities. The service will be available to Johnson Controls' supply-chain t ... Continue reading
Spartan Motors Selects FISHER/UNITECH and SolidWorks Software
World Leader in Engineering, Design and Manufacturing of Custom Chassis Platforms and Emergency Vehicles Purchases 35 SolidWorks Licenses FISHER/UNITECH announced today that Spartan Motors, Inc. , a leading developer and manufacturer of custom platforms for recreational vehicles, fire trucks, ambulances, and other spec ... Continue reading
European Legislation Drives Growth of Diesel Fuel Additives Market
European legislation reducing the pollution from diesel cars across Europe will be a significant driver in the growth of the European diesel fuel additives market. New research by international market analysts Frost & Sullivan forecasts the market, valued today at $260 million, will grow with a compound annual growth r ... Continue reading
Sonic Automotive Named to List of 100 Fastest-Growing Companies
Sonic Automotive, Inc. announced today that it has been named to the 15th position on the prestigious list of Fortune's 100 Fastest-Growing Companies, which highlights the fastest-growing companies in America based on revenue growth, earnings per share growth and total stock market return over the past three years. The ... Continue reading
Eaton Corporation Announces Automotive Reorganization
Eaton Corporation today said it will reorganize its automotive business to provide a concentrated focus on component integration platforms and leverage synergies with respect to engineering, sales and marketing activities. The new organization consolidates all automotive operations (excluding automotive fluid connector ... Continue reading
TRW's Electrically Assisted Steering Awards Climb to $2.5 Billion
TRW Inc. today announces contract wins of over $900 million from Fiat and Renault for its Electrically Assisted Steering (EAS) products, securing TRW's market leading position. These contract awards bring TRW's annual sales for its EAS products to approximately $500 million. Both Fiat and Renault have awarded TRW contr ... Continue reading
KARNAC.com Racin' Talk Radio (Radio Show)
KARNAC.com Racin' Talk Radio Show ... Continue reading
2003 Lincoln Aviator Will Debut in 2002
Lincoln confirmed today in a meeting of its top dealers that the next all-new product in the transformation of the brand will be the 2003 Lincoln Aviator. "The Lincoln Aviator will bring together all of the elements we believe define American Luxury: Balance and composure on the road, indulgent comfort and distinctive ... Continue reading
Adhesive Films and Tapes Positioned for Growth
Recent advances in adhesives technology are creating new opportunities for adhesive films and tapes in a number of industrial applications. These adhesive products are finding new and growing interest in automotive, aerospace, and electronics markets. Films and tapes with enhanced performance are reaching the market as ... Continue reading
Clarion Technologies Reports 2001 Q2 Financial Results
Clarion Technologies, Inc. today announced financial results for 2001's second quarter, which ended June 30, 2001. The Company's management also detailed steady progress in driving internal sales growth and restoring profitability. For the second quarter, Clarion's sales were $27.7 million versus $29.2 million for the ... Continue reading
Dodge Debuts All-New 2002 Ram in the Town of Truckville
The Dodge Division of DaimlerChrysler Corporation is helping Americans "Grab Life By The Horns" with the launch of Truckville, a 25-city mobile marketing tour and experiential event to unveil the all-new 2002 Dodge Ram pickup -- the new mayor of Truckville. Truckville provides consumers with a hands-on introduction to ... Continue reading
Ford Motor Company Approves Three-Site Roll Out Of inSORS' IAG2001
inSORS Integrated Communications, Inc., a communication solutions provider specializing in real time video, audio and data collaboration, and Ford Motor Company, are rolling out a three-site deployment of the IAG2001 Collaborative Conferencing System at Ford's World Headquarters in Dearborn, MI. The IAG2001 platform wi ... Continue reading
Increase in Diesel cars drives market says Frost & Sullivan
The efficiency of the diesel engine, the vehicles' lower prices compared to their gasoline equivalents and evolving fuel taxation policies have resulted in a higher penetration of diesel vehicles in some European countries. This increase in the number of cars has compensated for their improved fuel economy and so, cons ... Continue reading
Metaldyne Awarded Contract to Supply Engine Balance Shaft Modules
Metaldyne announced today that it has been awarded a contract to supply a new self-contained balance shaft module to Nissan North America, Inc. The contract calls for Metaldyne to supply balance shaft modules for the 2.5L I4 engine that will power 2002 Nissan Altima and Sentra vehicles. To reduce second order shaking f ... Continue reading
Mitsubishi Gives Away a New Car in Internet Sweepstakes
Mitsubishi Motor Sales of America, Inc. (MMSA) today announced the results of the Win a Mitsubishi Vehicle of Your Choice campaign, which took place on its web site, mitsubishicars.com. The lucky 27 year-old Hugo Almada of Madison, New Jersey selected a black Mitsubishi Galant GTZ as his grand prize. Almada, who alread ... Continue reading
Panasonic Announces Its First CD/MP3 Car Audio Player/Receiver
Panasonic announces its first combination CD/MP3 player/receiver for cars. New model CQ-DP171U combines a high quality AM/FM receiver with a CD player that will accommodate both commercially produced CDs and home-recorded discs. The CQ-DP171U can play back MP3 music files that are recorded on 5-inch (12 cm) CD media: C ... Continue reading
RealSpeak Software Available for Mobile Devices
In addition to a high-quality, natural-sounding text-to-speech synthetic voice, L&H's new standard for synthesized speech brings ease of use, convenience and safety to the world's mobile and automotive markets Lernout & Hauspie Speech Products NV (OTC: LHSPQ) (`L&H' or `the Company'), a world leader in speech and langu ... Continue reading
UnitedAuto Ford Dealerships Complete Blue Oval Certification Process
UnitedAuto Group, Inc. , a FORTUNE 500 automotive specialty retailer, announced today that 100% of its Ford brand dealerships have achieved certification under Ford Motor Company's Blue Oval Certification program. Ford Blue Oval Certified represents a holistic approach to enhancing the experience of Ford brand ownershi ... Continue reading
ASA: Handling Is The Key To Success When ASA Visits Jennerstown
August 21, 2001 Hansen Looks to Repeat, Gain First Win of 2001 PENDLETON, Ind. - As was the case so much in the 2000 season, the Pennsylvania 300 at Jennerstown (Penn.) Speedway was affected by rain. After a full day of activities on the preliminary day, the start of the Jennerstown event was delayed for more than four ... Continue reading
NASCAR Trucks: Nazareth owes one to Ruttman
August 16, 2001 Last Year: If one racetrack owes Joe Ruttman and Bobby Hamilton Racing it is Nazareth Speedway. Last year, the Dana Team won the pole in convincing fashion and led the most laps. Unfortunately, the victory was taken away from them in the final laps due to a rash of caution flags that kept the No. 18 tru ... Continue reading
NASCAR WCUP: Sadler returns to site of first Winston Cup win
August 21, 2001 When Elliott Sadler, driver of the #21 Motorcraft Ford Taurus, returns to Bristol Motor Speedway this weekend, he is not only going to his favorite race track, he's also returning to the site of his first NASCAR Winston Cup victory. Sadler won the Food City 500 at the half-mile track this past spring, i ... Continue reading
CART: Gidley recovering and expected to race at Vancouver
August 21, 2001 , INDIANAPOLIS –– Target Chip Ganassi Racing driver Memo Gidley, who experienced a major crash during Sunday's Motorola 220 in Elkhart Lake, Wis., is expected to compete in the Sept. 2 Molson Indy Vancouver, the next CART FedEx Series event. According to Dr. Terry Trammell, Gidley suffered a ... Continue reading
NASCAR WCUP: Crew Chief Offers Insight on Car Construction Following Earnhardt Investigation Report
August 21, 2001 ATLANTA - Greg Zipadelli, crew chief on the #20 Home Depot Pontiac fielded by Joe Gibbs Racing and driven by Tony Stewart, is in his third year as a NASCAR Winston Cup Series crew chief. Prior to joining Joe Gibbs Racing in December of 1998, he served as the chassis specialist on the #99 Roush Racing en ... Continue reading
NASCAR BGN: Jeff Green to use 'survival tactics' at Bristol
August 21, 2001 Jeff Green On Bristol: Jeff Green, 2000 NASCAR Busch Series Champion and driver of the No. 10 Nestlé Nesquik Ford Taurus, finished third in the fall night race last year at Bristol Motor Speedway. "Bristol is one of those tracks if you just survive until the end, you'll probably wind up with a good fin ... Continue reading
NASCAR WCUP: Jarrett hopes to leave his signature of success at Bristol
August 21, 2001 BRISTOL, Tenn - The one invaluable tool that all NASCAR Winston Cup drivers must carry with them throughout any given race weekend isn't by any meaningful means mechanical, but is oh, so critical in maintaining off-track success. As he makes his way through throngs of adoring fans, #88 UPS driver Dale J ... Continue reading
NASCAR WCUP: Kenseth bracing for racing at Bristol
August 21, 2001 Matt Kenseth's thoughts on going back to Bristol: You finished a season high 4th last weekend in Michigan. What was the key ingredient to the success? "We had the perfect car, and great stops on pit road all day. If the rain did not come, we would have had a chance to win the race. We certainly need tha ... Continue reading
NASCAR WCUP: Earnhardt Jr. Race Preview, Bristol
August 21, 2001 “Bristol is one of those tracks that I have fond memories of while I was growing up. Now, there are grandstands all around the place – it’s like a college football stadium on steroids – but when I was a kid, I remember playing on the side of the hill above the banked turns. You c ... Continue reading
NASCAR BGN: Geoffrey Bodine wants to keep track position at Bristol
August 21, 2001 Geoffrey Bodine On Bristol Motor Speedway . . "Track position is everything at a short half-mile bullring like Bristol. I've always enjoyed racing at Bristol. Track position is real important which is why we went and tested there. We need to get a good starting position. Cars can go a lap down real fast ... Continue reading
NASCAR: Featherlite tour returns to Irwindale Speedway in September
August 21, 2001 THE ADVANTAGE FORD 150 AT IRWINDALE NASCAR SOUTHWEST FEATHERLITE TOUR SATURDAY NIGHT, SEPTEMBER 1, 2001 Irwindale, Calif. - - The NASCAR Featherlite Southwest Tour will make its third and final appearance of the 2001 season at Irwindale Speedway on Saturday night, September 1 which just happens to be th ... Continue reading
GRAND AM: Mike Fitzgerald replaces Timo Bernhard for Mid Ohio
August 21, 2001 Las Vegas…Reigning Grand Am GTU and Porsche Cup Champion Mike Fitzgerald will join Johnny Mowlem behind the wheel of the Petersen Motorsports/MPIE sponsored GT Porsche at the upcoming Grand Prix of Mid-Ohio, August 23-25 in Lexington, Ohio. No newcomer to the Las Vegas based Petersen Motorsports/W ... Continue reading
NHRA: Jeg's and Mac Tools to debut car at Indy
August 21, 2001 Jeg Coughlin Jr and Team Jeg's will debut a special one-time paint scheme for the 2001 NHRA Mac Tools U.S. Nationals. The design on the Jeg's Mail Order Chevrolet Cavalier looks like the car is breaking through molten metal and forming tools the closer you get to the rear of the car. "We spent a lot of ... Continue reading
NASCAR WCUP: Atwood looks to blow out the candles and the competition at Bristol
August 21, 2001 BRISTOL, Tenn.-When Casey Atwood returns to Bristol Motor Speedway for the Sharpie 500 on Saturday, the lights will be bright for the young driver - both on the track and on his birthday cake. Atwood will turn 21 years old on Saturday, and his crew and team owner Ray Evernham are hoping the young Nashvi ... Continue reading
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