DETROIT January 23, 2003; Michael Ellis writing for Reuters reports that General Motors Corp. and Ford Motor Co. escalated their price war on Thursday, offering costly new consumer incentives to lure buyers amid signs of slowing U.S. vehicle sales, officials said. GM, the world's largest automaker, said it would waive ... Continue reading
Arctic Cat to Webcast 2003 Third-Quarter Conference Call On Thursday, Jan. 30 at 10:30 a.m. CT
THIEF RIVER FALLS, Minn.--Jan. 23, 2003--Arctic Cat will host a live Webcast of its fiscal 2003 third-quarter earnings conference call on Thursday, January 30, at 10:30 a.m. CT (11:30 a.m. ET), following the release of its earnings before the stock market opens that day. Christopher Twomey, president and chief executiv ... Continue reading
BorgWarner Emissions/Thermal Systems Awarded New Nissan Business
MARSHALL, Mich., Jan. 23 -- The Thermal Systems business (formally Cooling Systems) of BorgWarner Emissions/Thermal Systems will provide a new viscous fan drive and polymer fan system for Nissan's new I-4 engine beginning in March of 2005. The I-4 engine will be on two Nissan light vehicle models. The fan drive and fan ... Continue reading
Cooper to Announce Fourth Quarter and Year-End Results
FINDLAY, Ohio, Jan. 23 -- Cooper Tire & Rubber Company will announce its fourth quarter and year-end financial results before the market opens on Thursday, February 6, 2003. A conference call discussing the financial results will follow at 11:00 a.m. (EST). Individuals can access a webcasting of the conference call at ... Continue reading
Dover Motorsports, Inc. Quarterly Earnings Conference Call Announcement
DOVER, Del., Jan. 23 -- Dover Motorsports, Inc. invites you to participate in a conference call subsequent to the release of Dover Motorsports, Inc.'s earnings for the fourth quarter and year ended December 31, 2002. The conference call will be held on Thursday, January 30, 2003 at 10:30 a.m. Eastern Time. To listen to ... Continue reading
SAN JOSE, Calif.--Jan. 23, 2003--KCBS Radio has been voted the number one source for accurate traffic information by attendees of the recently concluded 2003 San Jose International Auto Show. Visitors to the five-day new vehicle exhibition at the San Jose Convention Center sponsored by the Silicon Valley Auto Dealers A ... Continue reading
BMW Group Receives Four Awards in Strategic Vision's Total Delight Index
BMW 7 Series received the highest score BMW 3 Series, X5 and MINI COOPER also led their segments Woodcliff Lake, New Jersey, January 23, 2003; The BMW Group received four awards in the new Strategic Vision Total Delight Index (TDI). The all-new 2002 BMW 7 Series was the highest scorer among the 34 winners in all segmen ... Continue reading
Infineon Raceway Adds New Event for 2003
Lynn JPE JPEG IMAGES AVAILABLE Contact; John Cardinale, 707-938-8448, ext.107 FOR IMMEDIATE RELEASE January 23, 2003 SONOMA*S INFINEON RACEWAY TO HOST INTERNATIONAL CLEAN VEHICLE COMPETITION IN SEPTEMBER Michelin chooses Sonoma and Infineon Raceway for fifth annual Challenge BibendumÔ competition SONOMA, CALIF. * Mich ... Continue reading
GM North American Production for Week of January 13, 2003
FOR RELEASE: January 23, 2003 North American Production for Week of January 13, 2003• Total U.S. Passenger Car34,496• Total U.S. Truck46,856• Total Canada Passenger Car12,913 • Total Canada Truck7,223• Total N.A. Car and Truck111,991 North American Scheduled Overtime/Downtime for Week of J ... Continue reading
Sonoma's Infineon Raceway to Host International Clean Vehicle Competition in September
Sonoma's Infineon Raceway to Host International Clean Vehicle Competition in September Michelin Chooses Sonoma and Infineon Raceway for Fifth Annual Challenge Bibendum(TM) Competition SONOMA, Calif., Jan. 23 Michelin's premier environmental vehicle event, Challenge Bibendum(TM), will return to North America in 2003 and ... Continue reading
Transbotics Secures Order for Laser Guided Vehicle System in the Automotive Industry
CHARLOTTE, N.C.--Jan. 23, 2003--Transbotics Corporation, (OTCBB: TNSB.OB; www.transbotics.com), announced they received an order from a new client in the automotive industry. The order totaling approximately $225,000 includes a vehicle, controls, hardware, software, engineering services and related equipment. This syst ... Continue reading
American Axle & Manufacturing Announces Record Sales and Earnings For the Fourth Quarter and Full Year 2002 DETROIT, Jan. 23 American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today reported its financial results for the fourth quarter and full year 2002. Fourth Quarter Highlights: ... Continue reading
Amerityre Introduces Its Flatfree(TM) Golf Car Tire at the PGA Merchandise Show
Amerityre Introduces Its Flatfree(TM) Golf Car Tire at the PGA Merchandise Show BOULDER CITY, Nev., Jan. 23 Amerityre Corporation (OTC Bulletin Board: AMTY) introduced its Flatfree(TM) golf car tire at the 2003 PGA Merchandise Show in Orlando, Florida. Some 50,000 industry professionals are expected to attend the PGA M ... Continue reading
Gentex Reports Record Fourth Quarter and Year: Fourth Quarter Net Income Increased 43 Percent
Gentex Reports Record Fourth Quarter and Year: Fourth Quarter Net Income Increased 43 Percent ZEELAND, Mich., Jan. 23 Gentex Corporation, the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and commercial fire protection products, today reported record revenues and net income for the fourth q ... Continue reading
MINNEAPOLIS--Jan. 23, 2003--Polaris Industries today announced its entry into the sport boat market with the Polaris EX2100 Sport Boat line, the result of a strategic alliance with Baja Marine and Mercury Marine, division of Brunswick Corporation . As a result of the alliance, the Polaris-designed Sport Boat line is po ... Continue reading
Rolls-Royce 'CorporateCare' Engine Flight Hour Program Exceeds $124m Orders in 2002
Rolls-Royce 'CorporateCare' Engine Flight Hour Program Exceeds $124m Orders in 2002 CHANTILLY, Va., Jan. 23 Rolls-Royce announced today (23 January) that its CorporateCare(TM) program -- the most comprehensive engine care program in corporate aviation -- booked orders worth more than $124 million with 34 new customers ... Continue reading
SIRIUS Satellite Radio Arrives at Chrysler, Dodge and Jeep(R) Dealerships Nationwide
SIRIUS Satellite Radio Arrives at Chrysler, Dodge and Jeep(R) Dealerships Nationwide * SIRIUS Service available in most Chrysler, Dodge and Jeep vehicles * Factory installation standard on 2003 Chrysler PT Dream Cruiser Series 2 * 2004 Chrysler 300M and all-new 2004 Chrysler Pacifica to offer SIRIUS AUBURN HILLS, Mich. ... Continue reading
Stoneridge Reports Improved Fourth-Quarter and Full-Year 2002 Results
Stoneridge Reports Improved Fourth-Quarter and Full-Year 2002 Results -- Net income for the quarter shows substantial increase -- -- Sales rise in quarter and full year -- -- Company generates strong free cash flow; pays down debt in 2002 -- WARREN, Ohio, Jan. 23 Stoneridge, Inc. today announced increases in sales to $ ... Continue reading
TRW Automotive Goes Live on Niku 6; Over 2000 in First User Group
REDWOOD CITY, Calif.--Jan. 23, 2003--Niku Corporation announced today that the Braking and Steering divisions of TRW Automotive have gone live on Niku 6, connecting more than 2000 users in nine countries on three continents. "Our first goal was to get everyone successfully migrated from Niku 5.2 to Niku 6," said Dale S ... Continue reading
Webcast Alert: Gentex Corporation Announces 4th Quarter Earnings Announcement Webcast
Webcast Alert: Gentex Corporation Announces 4th Quarter Earnings Announcement Webcast ZEELAND, Mich., Jan. 17 Gentex Corporation announces the following Webcast: What: Gentex 4th Quarter Earnings Announcement When: Thursday, Jan. 23, 2003 @ 9:30 a.m. Eastern Where: http://www.firstcallevents.com/service/ajwz372688192gf ... Continue reading
ABRA Auto Body & Glass Announces New Apple Valley Location
MINNEAPOLIS--Jan. 23, 2003--ABRA Auto Body & Glass, a Minneapolis-based damaged vehicle repair company, announced today the future opening of their twenty-seventh repair center in metro Minneapolis. The facility, located at 15129 Foliage Avenue in Apple Valley, is currently under construction with a projected opening d ... Continue reading
Chrome Releases Vehicle Locator Solution to Benefit Both Buyers and Sellers
PORTLAND, Ore.--Jan. 23, 2003--Chrome Systems Corporation, provider of automotive data, configuration and comparison technology and commerce solutions, today announced the release of Chrome Inventory Search(TM) (CIS), a vehicle locator tool for auto dealers, dealer groups, networks and media sites. The release represen ... Continue reading
Cycle Country Announces Earnings Estimates For Fiscal 2003
MILFORD, Iowa--Jan. 23, 2003--Cycle Country Accessories Corp. (OTCBB:CYCY), the recognized leader in developing and manufacturing custom-fitted accessories for the all-terrain vehicle (ATV), is pleased to announce that management has issued financial projections for Cycle Country's fiscal year ending September 30, 2003 ... Continue reading
Deere, Bombardier Announce Strategic Alliance for Product Development
Deere, Bombardier Announce Strategic Alliance for Product Development MOLINE, Ill., and VALCOURT, Quebec, Jan. 23 Deere & Company and Bombardier will develop new wheeled utility vehicles and technologies under a strategic alliance announced today. The alliance will combine the efforts of Deere's Worldwide Commercial & ... Continue reading
PORTLAND, Ore.--Jan. 23, 2003--Thousands of visitors to the new www.AsiaGuidebook.com website have entered the Trip for Two to the Malaysia F1 Grand Prix Sweepstakes sponsored by AsiaGuidebook, Malaysia Airlines and SkyAuction.com. Winners will receive two RT business class airfares from Los Angeles or New York City to ... Continue reading
NEW YORK--Jan. 23, 2003--The Sixth Annual Logistics & Supply Chain Forum, an exclusive, senior-level event for 175 qualified executives in the logistics and supply chain space, has announced that Wayne Paul, VP of Transportation for the world's largest home retailer, The Home Depot, will serve on the Forum's Advisory B ... Continue reading
Quantum Completes $7.3 Million Public Equity Offering
Quantum Completes $7.3 Million Public Equity Offering QUANTUM TECHNOLOGIES LOGO Quantum Technologies, Inc. Logo. (PRNewsFoto)[TC] IRVINE, CA USA 03/20/2001 IRVINE, Calif., Jan. 23 Quantum Fuel Systems Technologies Worldwide, Inc. today announced the completion of a public offering of 3.5 million shares of its common st ... Continue reading
Risi Competizione - Daytona preview
Risi Competizione returns to the Rolex 24 at Daytona with a strong international cast and two fast Ferraris. The 24-hour endurance race is set for Feb. 1 and 2 on the 3.56-mile Daytona International Speedway road course in Daytona Beach, Fla. Houston-based Risi Competizione will field the No. 35 Ferrari 360 Modena GT d ... Continue reading
Vicor Corporation Conference Call Notification
ANDOVER, Mass.--Jan. 23, 2003--Vicor Corporation today announced the investor conference call relating to the Company's results for the fourth quarter and year ended December 31, 2002, will take place on Thursday, February 6, 2003 at 5:00 p.m. (Eastern Standard Time). Shareholders interested in participating in the tel ... Continue reading
** 2003 PRO Series Official Rules Released **
PRO Hot Rod & Muscle Car Nationals Show Series Official Newsletter http://www.fasteststreetcar.com ** 2003 PRO Series Official Rules Released ** The moment you all have been waiting for has arrived. The 2003 PRO Series Rules have all been posted for the PRO-Edelbrock Fastest Street Car Drag Racing Series. Visit http:// ... Continue reading
Arctic Cat to Webcast 2003 Third-Quarter Conference Call On Thursday, Jan. 30 at 10:30 a.m. CT
THIEF RIVER FALLS, Minn.--Jan. 23, 2003--Arctic Cat will host a live Webcast of its fiscal 2003 third-quarter earnings conference call on Thursday, January 30, at 10:30 a.m. CT (11:30 a.m. ET), following the release of its earnings before the stock market opens that day. Christopher Twomey, president and chief executiv ... Continue reading
Cooper to Announce Fourth Quarter and Year-End Results
FINDLAY, Ohio, Jan. 23 -- Cooper Tire & Rubber Company will announce its fourth quarter and year-end financial results before the market opens on Thursday, February 6, 2003. A conference call discussing the financial results will follow at 11:00 a.m. (EST). Individuals can access a webcasting of the conference call at ... Continue reading
SAN JOSE, Calif.--Jan. 23, 2003--KCBS Radio has been voted the number one source for accurate traffic information by attendees of the recently concluded 2003 San Jose International Auto Show. Visitors to the five-day new vehicle exhibition at the San Jose Convention Center sponsored by the Silicon Valley Auto Dealers A ... Continue reading
NEW YORK--Jan. 23, 2003--Viewpoint Corporation , the world leader in interactive graphics, today announced its successful rich media pilot with the support of MSN(R) Autos and Volkswagen, which included an integrated Viewpoint and Windows Media Player online presentation to introduce the Volkswagen New Beetle convertib ... Continue reading
GM Slows Plant Output, Raises Incentives
DETROIT January 23, 2003; Michael Ellis wrting for Reuters reports that General Motors Corp. said it was halting production at a commercial truck plant for eight weeks due to flagging demand amid a slow U.S. economic recovery, even as it raised incentives on other vehicles to boost sales. GM, the world's largest automa ... Continue reading
ARMY DOES NASCAR Or NASCAR DOES ARMY?
FORT MONROE, Va., Jan. 23, 2003; -- After two successful seasons sponsoring a drag racing team, the U.S. Army has upped the ante by expanding to NASCAR Winston Cup racing. In addition to sponsoring the MB2 Motorsports team, the U.S. Army today announced a formal partnership with NASCAR that will provide even more oppor ... Continue reading
Automaker Opens First Ground-Up Facility Encompassing New Retail Philosophy at Bountiful Mazda
BOUNTIFUL, Utah, Jan. 23 -- Mazda North American Operations (MNAO) showcased its commitment to enhancing the car-buying experience for customers with the grand opening today of Bountiful Mazda, one of the largest Mazda dealers in the country. Bountiful Mazda adopted the company's new retail philosophy that is focused o ... Continue reading
PENNDOT Debuts Its Ultimate Winter Vehicle at Mellon Arena
PENNDOT Debuts Its Ultimate Winter Vehicle at Mellon Arena PITTSBURGH, Jan. 23 PENNDOT has cleared millions of tons of snow and ice over the years with one of the largest heavy equipment fleets in the nation, tonight PENNDOT's newest addition to the fleet will be cleaning the ice when the Penguins take on the Bruins. T ... Continue reading
BorgWarner Emissions/Thermal Systems Awarded New Nissan Business
MARSHALL, Mich., Jan. 23 -- The Thermal Systems business (formally Cooling Systems) of BorgWarner Emissions/Thermal Systems will provide a new viscous fan drive and polymer fan system for Nissan's new I-4 engine beginning in March of 2005. The I-4 engine will be on two Nissan light vehicle models. The fan drive and fan ... Continue reading
Swapalease Opens Columbus Office
COLUMBUS, Ohio--Jan. 23, 2003--After tripling its business in a national expansion over the past year, Swapalease.com, America's largest lease assumption marketplace, has opened a second office in Columbus, Ohio and brought on an Internet industry key executive. Wil Schroter, former Founder and CEO of Blue Diesel Inter ... Continue reading
Visteon's Operating Results Improve Year Over Year Before Special Items
Visteon's Operating Results Improve Year Over Year Before Special Items VISTEON LOGO Visteon Corporation logo. (PRNewsFoto)[PM AS] DEARBORN, MI USA 12/16/2002 DEARBORN, Mich., Jan. 23 Visteon Corporation today announced a net loss of $34 million for the Fourth Quarter or $0.27 per share. The results include special cha ... Continue reading
RV Sales Numbers Bode Well For Nation's Economic Recovery
RV Sales Numbers Bode Well For Nation's Economic Recovery Officials at Chicago RV Show Note Industry Often Leads National Upswing ROSEMONT, Ill., Jan. 23 The RV industry, long considered a bellwether of economic trends, is seeing robust sales gains despite the nation being slow to pull out of recession -- and the futur ... Continue reading
Nissan Opens European Design Centre in London
JapanCorp: <http://www.japancorp.net/?page_num=1> Nissan Opens European Design Centre in London Tokyo, Japan, Jan. 23, 2003 - (JCN Newswire) - Carlos Ghosn, President and CEO, Nissan Motor Company and Shiro Nakamura, Senior Vice President and Head of Design, Nissan Motor Company, today officially opened the company's n ... Continue reading
DaimlerChrysler CEO to Speak at SAE 2003 World Congress Annual Banquet
DaimlerChrysler CEO to Speak at SAE 2003 World Congress Annual Banquet TROY, Mich., Jan. 23 SAE International is pleased to announce that one of the automotive industry's most influential leaders will take the stage during the 2003 SAE World Congress Annual Banquet. Dieter Zetsche, President and CEO of DaimlerChrysler ... Continue reading
Saab Names Edward J. Peper, Jr. Vice President of Sales
Saab Names Edward J. Peper, Jr. Vice President of Sales SAAB LOGO Saab Cars USA logo. (PRNewsFoto)[TC] ATLANTA, GA USA 02/07/2002 NORCROSS, Ga., Jan. 23 Ed Peper has been named Vice President of Sales for Saab Cars USA, Inc., the U.S. importer and distributor of Saab 9-5 and 9-3 automobiles, parts and accessories. (Pho ... Continue reading
Advance Auto Parts Produces Solid Fourth Quarter Results
Advance Auto Parts Produces Solid Fourth Quarter Results ROANOKE, Va., Jan. 23 Advance Auto Parts, Inc. announced today that it achieved 3.1% comparable store sales growth in its fourth quarter ended December 28, 2002 compared to 5.2% last year. The do-it-yourself business grew by 2.7% and the do-it-for-me or commercia ... Continue reading
Mitsubishi Motors names new Multi-Purpose Vehicle Grandis
Tokyo January 23, 2003; Mitsubishi Motors Corporation (MMC) today announced it will name its all-new multi-purpose vehicle due to be launched this spring "Grandis." The Grandis is the successor of the current Chariot Grandis, a name that proved to be popular with many consumers. The name Grandis was chosen as it matche ... Continue reading
New Car Intro: Suzuki Twin minicar
www.autoindex.org CLICK4 AutoIndex.org. Suzuki Motor Co introduced its new Twin minicar in Japan featuring a 660 cc engine and a fuel consumption of under 3 liter per 100 km. The Twin was first seen as the PU3 commuter vehicle prototype at the 1999 Tokyo Motor Show. The almost finished version was previewed at the 2002 ... Continue reading
NHTSA List Of November Recalls
The National Highway Traffic Safety Administration (NHTSA) today released a list of auto safety recalls announced in November 2002 and urged consumers to have the problems promptly fixed. This list identifies the make and model of the vehicle or equipment involved, with a brief description of the safety problem. NHTSA ... Continue reading
Budwieser Superbowl Commercials Preview
http://www.newstream.com/assets/2003/01/21/2003012 1ML7643/01NY03-0073_V_T1.wmv CLICK4 300Kps Video(Win Media Player) http://www.newstream.com/assets/2003/01/21/20030121ML7643/0 1NY03-0073_V_56k.wmv Click4 56Kps Video(Win Media Player) January 2003 (Newstream) -- Do the phrases "I love you, man!" and "Whassup?!" sound ... Continue reading
Cadillac: $8 Million For Super Bowl Spots
DETROIT January 23, 2003; An AP story reported that Cadillac has a treat in store for viewers whose interest in the Super Bowl centers on the commercials. The General Motors Corp. division will air a 90-second spot during the third quarter of Sunday's game between the Oakland Raiders and Tampa Bay Buccaneers. The last ... Continue reading
Cadillac: Super Bowl Spots - 'Break Through' Advertising
Cadillac Returns To Super Bowl With Another Round Of 'Break Through' Advertising DETROIT - Cadillac returns to the Super Bowl with bold new executions of its "Break Through" advertising that deliver further evidence of the brand's rebirth. The advertising will kick off a year with three product launches and be part of ... Continue reading
Autoliv: 1Q Growth, FQ Profit Beats Forecasts
STOCKHOLM, Jan 23, 2003; Reuters reports that Autoliv, the world's biggest producer of seat belts and airbags, reported a bigger than expected jump in fourth-quarter pre-tax profit and forecast double-digit sales and earnings growth in the first quarter. The company said in a statement its profit after financial items ... Continue reading
Oshkosh Truck Reports Sales up 17.9% and Net Income up 31.2% in First Quarter
OSHKOSH, Wis.--Jan. 23, 2003--Oshkosh Truck Corporation , a leading manufacturer of specialty trucks and truck bodies, today reported that first quarter net income increased 31.2 percent to $11.3 million, or $0.65 per share, on sales of $426.3 million for the quarter ended December 31, 2002. This compares with net inco ... Continue reading
DETROIT, Jan. 23, 2003; American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today reported its financial results for the fourth quarter and full year 2002. Fourth Quarter Highlights:Record earnings per share of 99 cents, up 60% Record sales of $911.0 million, up 15%Record $91.5 milli ... Continue reading
First Nissan Maxima Rolls Off Smyrna Plant Line
SMYRNA, TN, Jan. 22, 2003; The Nissan Maxima sports sedan changed its home address today as the first production model rolled off the line at the automaker's award-winning manufacturing plant here. Sporting a bold new look, as well as a number of design innovations, the "Job 1" 2004 Maxima sedan was driven out of the p ... Continue reading
Tony Aquila Named President and Chief Operating Officer of Mitchell International
SAN DIEGO Jan. 23, 2003; Mitchell International Inc. announced today that Tony Aquila, Executive Vice President of Sales, Marketing and Product Management, has been appointed to the position of President and Chief Operating Officer (COO). Jim Lindner, Mitchell's Chief Executive Officer (CEO) and Chairman of the Board o ... Continue reading
Audi :Made In China Cars 2002 Sales Up
SHANGHAI January 23, 2003; Dow Jones China Bureau reported that Audi AG , the luxury arm of Volkswagen Group, said Thursday that sales of its locally made Audi A6 sedan rose to 35,000 units last year from 29,000 in 2001. Sales of its imported cars totaled 1,500 last year. No comparison was available. Among the cars imp ... Continue reading
Mitsubishi Motors Production Plan Up - May Build New North American Factory
TOKYO January 23, 2003; Mitsubishi Motors plans to increase production in North America and is considering building a new factory there, the company said Thursday. Japan's fourth-largest car maker also said it aims to boost passenger-car sales by 11% this year in North America. Mitsubishi Motors currently exports from ... Continue reading
18 Wheeler Demolition Derby: Monster.Com Super Bowl Spot - See It Now
http://www.newstream.com/assets/2003/01/22/2003012 2ML7645/01NY03-0133_V_5_Preview.ram CLICK4Video January 2003 (Newstream) -- Monster, the leading online careers site, will be blitzing football fans on Super Bowl Sunday with a new ad to mark the national launch of its skilled and hourly initiative. The Super Bowl spot ... Continue reading
VW Pays To Repair Cars With Engines Damaged By Ice
WOLFSBURG, Germany January 23, 2003; Dow Jones reported that Volkswagen AG Thursday said t will pay for repairs and improvements on about 5,000 engines after the drivers complained of ice damage. The German carmaker said the move applies to 1.0-liter and 1.4-liter engines in the VW brand's Lupo, Polo and Golf models bu ... Continue reading
Ford fined, told to turn in van evidence
Chicago, January 22, 2003; John Porretto wrting for AP reports that a federal judge ordered Ford Motor Co. Tuesday to turn over safety data on its 15-passenger vans, information the company has claimed doesn't exist, and fined the automaker for concealing evidence, a plaintiffs attorney said. The world's second-largest ... Continue reading
Ford asks Supreme Court to review $290 million Bronco verdict
WASHINGTON January 22, 2003; Joyzelle davis writing for Bloomberg reports that Ford Motor Co. asked the U.S. Supreme Court to review a $290 million punitive damage verdict in a Bronco sport-utility vehicle rollover case, calling the California jury award "grossly excessive." The award against the world's second-largest ... Continue reading
Berlin January 22, 2003; Bloomberg reports that DaimlerChrysler AG's Chrysler unit expects to report an operating profit excluding one-time charges of more than $1 billion for 2002, said company spokesman Mike Aberlich. Chrysler Chief Operating Officer Wolfgang Bernhard told German magazine Automobilwoche in an intervi ... Continue reading
Chrysler Exec: We May Need New Capacity For New Models
BERLIN January 22, 2003; The AP reports that the Chrysler Group of DaimlerChrysler AG may soon need extra factory capacity as it launches new models as part of a turnaround drive, its chief operating officer said in remarks released Tuesday. DaimlerChrysler chief executive Juergen Schrempp launched the rescue plan for ... Continue reading
Ford's Volvo 850 cars investigated gasoline leaks
WASHINGTON January 23, 2003; Dan Hart writing for Bloomberg reported that Ford Motor Co.'s Volvo 850 Series sedans and wagons are being investigated by U.S. regulators because of reports of gasoline leaks that might affect 198,000 of the 1993 to 1996 models. The National Highway Traffic Safety Administration began its ... Continue reading
VW, Siemens VDO in diesel injection venture
FRANKFURT, Jan 22, 2003; Reuters reported that Volkswagen and the automotive unit of engineering and electronics giant Siemens plan to invest 500 million euros in a venture manufacturing diesel injection systems, a newspaper said on Wednesday. In an unsourced report, German daily Frankfurter Allgemeine Zeitung said VW ... Continue reading
Chinese battery maker BYD to take over car firm
HONG KONG, Jan 23, 2003; Reuters reports that Chinese battery maker BYD Co Ltd said on Thursday it would acquire control of a state-owned car maker for 269.5 million yuan (US$32.6 million), to tap the country's fast-growing auto market. BYD had agreed to buy a 77 percent stake in Xian Zhen Chuan Automobile Ltd from two ... Continue reading
Britons spend more on cars than houses
LONDON, Jan 23, 2003; Francois Murphy writing for Reuters reported that in spite of Britons' reputation as a nation of home buyers, they spend twice as much money on cars as on paying their mortgages, according to a survey published on Thursday. The Office for National Statistics said in its annual survey of the nation ... Continue reading
Syntroleum Delivers Single Battlefield Fuel to DoD for Testing
Syntroleum Delivers Single Battlefield Fuel to DoD for Testing SYNTROLEUM LOGO Syntroleum Corporation logo. (PRNewsFoto)[TC] DALLAS, TX USA 04/23/2002 - Company Also Delivers Synthetic Fuels for Testing By Japanese Automobile Manufacturers - TULSA, Okla., Jan. 22 Syntroleum Corporation announced today that it had compl ... Continue reading
Valeo, Ultrasonic Park Assist World Leader, to Launch Master-Park to the Aftermarket
PARIS--Jan. 22, 2003--Valeo (Paris: FR; OTC: VLEEY) today announced the launch of its award-winning Ultrasonic Park Assist (UPA) system, Master-Park(TM), for the aftermarket which will initially be supplied through selected distributors in its European Independent Aftermarket network. "Valeo supplies over one million U ... Continue reading
Cummins Westport receives orders for 62 low-emissions bus engines for Asia
Cummins Westport receives orders for 62 low-emissions bus engines for Asia VANCOUVER, Jan. 22 /PRNewswire-FirstCall/ - Cummins Westport Inc., a joint venture of Cummins Inc. of Columbus, Indiana, and Westport Innovations Inc. (TSX: WPT) of Vancouver, B.C., announced today that it has received orders for a total of 62 l ... Continue reading
The Timken Company Reports Improved Fourth Quarter and 2002 Results
The Timken Company Reports Improved Fourth Quarter and 2002 Results THE TIMKEN COMPANY LOGO The Timken Company, Worldwide Leader in Bearings and Steel. (PRNewsFoto)[JL] CANTON, OH USA 12/06/2001 CANTON, Ohio, Jan. 22 Improved fourth quarter performance versus 2001 capped a strong year for The Timken Company , which tod ... Continue reading
R. L. Polk & Co. Hires Former Covisint Executive as C.I.O.
R. L. Polk & Co. Hires Former Covisint Executive as C.I.O. SOUTHFIELD, Mich., Jan. 22 R. L. Polk & Co., the leading global provider of analytic services and marketing solutions to the automotive industry and aftermarket, today announced the hiring of Kevin Vasconi as Chief Information Officer. (Photo: http://www.newsco ... Continue reading
AAA Emergency Roadside Assistance Responds to First Cold-Snap of the Year
AAA Emergency Roadside Assistance Responds to First Cold-Snap of the Year AURORA, Ill., Jan. 22 AAA Chicago's Emergency Roadside Assistance crews have been kept busy by the first extremely cold weather conditions of the year. The motor club responded to more than 5,000 calls in Illinois and northern Indiana since Monda ... Continue reading
AAA Offers Cold Weather Vehicle Tips
AAA Offers Cold Weather Vehicle Tips DEARBORN, Mich., Jan. 22 With continuing bitter-cold overnight temperatures, AAA Michigan advises motorists to take precautions with vehicles. So far today (January 22) since midnight, AAA Emergency Road Service staff have helped 1,900 motorists. Since Monday, AAA has aided more tha ... Continue reading
Mario Andretti Takes Fans for Joyride Around Infineon Raceway
JPEG IMAGE AVAILABLE UPON REQUEST Mario Andretti, Infineon Raceway Help American Red Cross Reach Goal at �High Speed Blood Drive� SONOMA, Calif. (IMMEDIATE RELEASE) � Race fans were treated to a joyride around the world-famous road course at Infineon Raceway on Tuesday, and at the same time they aided a ... Continue reading
Jacobs Electronics Redesigns Ignition Line Products
Attached is a new press release and photo from Jacobs Electronics. Please email to request a hi-res photo. IF YOU DO NOT WISH TO RECEIVE EMAILED PRESS RELEASES: You may reply to this email to remove yourself from our list IF YOU PREFER TO RECEIVE OUR NEWS VIA REGULAR MAIL PLEASE INDICATE THAT AS WELL. ----------------- ... Continue reading
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