July 23, 2002 Dearborn, Michigan Bloomberg reported that Ford Motor Co. executives are debating whether to keep its Formula One racing team as the second-largest automaker reduces costs and the team struggles, Chief Financial Officer Allan Gilmour said. "If you want to raise blood pressure around here, you'll do it whe ... Continue reading
AKRON, Ohio, July 23 The Goodyear Tire & Rubber Company today reported net income of $28.9 million (18 cents per share) for the second quarter of 2002. Net income in the second quarter of 2001 was $7.8 million (5 cents per share). All per share amounts are diluted.Worldwide, Goodyear's second quarter sales were $3.5 bi ... Continue reading
<p>AKRON, Ohio, July 23 The Goodyear Tire & Rubber Company today reported net income of $28.9 million (18 cents per share) for the second quarter of 2002. Net income in the second quarter of 2001 was $7.8 million (5 cents per share). All per share amounts are diluted.<p>Worldwide, Goodyear's second quarter sales we ... Continue reading
ROANOKE, Va., July 23 Advance Auto Parts, Inc. announced today that it has received bankruptcy court approval to acquire certain assets of Trak Auto Corporation (Trak), including the leases on up to 55 stores operated by Trak in northern Virginia, Washington D.C. and eastern Maryland. The closing is scheduled to occur ... Continue reading
12th ANNUAL DEALER RIDE RETURNS TO MID-OHIO
FOR IMMEDIATE RELEASE Contact: Reece White, (614) 793-4620, rwhite@midohio.com Bryan Frackman, (614) 793-4612, bfrackman@midohio.com 12th ANNUAL DEALER RIDE RETURNS TO MID-OHIO DUBLIN, Ohio (July 23, 2002) - Mid-Ohio Sports Car Course will host the 12th annual Dealer Ride during the Honda Super Cycle Weekend presented ... Continue reading
LOS ANGELES--July 23, 2002--Cars and trucks collided in 349 fatal crashes in California last year, according to the Automobile Club of Southern California, often because car drivers didn't realize that they need to behave differently around trucks than other cars. A new study, released today by the AAA Foundation for T ... Continue reading
Engelhard Reports Earnings in Line With Estimates
ISELIN, N.J.--July 23, 2002--Engelhard Corporation today reported net earnings for the second quarter ended June 30 of $60.1 million, or 46 cents per share on a diluted basis, compared with $59.5 million, or 45 cents per share, for the same period a year ago. The results are in line with the current range of estimates. ... Continue reading
BEDFORD, Mass.--July 23, 2002--Digimarc ID Systems, LLC, a wholly owned subsidiary of Digimarc Corporation , announced today that the State of Florida has given notice of its intent to award the state's digital drivers license contract to Digimarc ID Systems. For more information, see http://fcn.state.fl.us/owa_vbs/owa ... Continue reading
ZETEC CHAMPIONSHIP ALUMNI ENJOY MUSIC CITY
FOR IMMEDIATE RELEASE ZETEC CHAMPIONSHIP ALUMNI ENJOY MUSIC CITY ST. PETERSBURG, FLA. (July 23, 2002)—This past weekend Formula Ford 2000 Zetec Championship alumni left the music city, Nashville, Tenn., singing a happy tune, winning two races and capturing four podiums finishes. Racing under the lights, the Indy Raci ... Continue reading
AAA To Focus Safety Efforts On Ways to Prevent Crashes Between Cars and Large Trucks
WASHINGTON--July 23, 2002--In response to the release of a AAA Foundation for Traffic Safety's study on truck/car crashes, AAA announced today a nationwide campaign to educate drivers about ways to reduce crashes involving cars and trucks. As part of its campaign, AAA is re-launching its "Share With Care" program that ... Continue reading
Jimmy Fennig Leads IRWIN Crew Chief of the Year Honors
> > <<ole0.bmp>> > > > NEWS RELEASE > Contact: > Chris Connington Dane Roth > VP - Marketing, IRWIN Golin/Harris International > (847) 478-1090 (312) 729-4362 > chrisco@americantool.com droth@golinharris.com > Halfway Through the Season, No. 97 Crew Chief Jimmy Fennig Leads IRWIN Crew Chief of the Year Standings > > > ... Continue reading
O'Reilly Automotive Earnings Grow 25.4% for Second Quarter
SPRINGFIELD, Mo.--July 23, 2002--O'Reilly Automotive, Inc. ("O'Reilly" or "the Company") today announced record revenues and earnings for the second quarter of 2002, representing 35 quarters of record revenues and earnings for O'Reilly since becoming a public company in April 1993. Net income for the second quarter end ... Continue reading
CCC Information Services Group Inc. Reports $0.20 EPS; Revises Guidance Upwards
CHICAGO--July 23, 2002--CCC Information Services Group Inc. , a leading provider of software and information services to the automotive claims and collision repair industries, today reported net income from continuing operations of $5.3 million, or $0.20 per share, for the second quarter ended June 30, 2002 compared wi ... Continue reading
Dura Automotive Reports Second-Quarter 2002 Results
ROCHESTER HILLS, Mich.--July 23, 2002--DURA Automotive Systems, Inc. , today reported financial results for the second quarter of 2002 which includes revenues of $667.3 million and EPS of $0.93 per diluted share before the effects of divestiture and extraordinary items. This result is significantly better than the cons ... Continue reading
KIK Technology International, Inc. Reports Increase in Sales
OCEANSIDE, Calif.--July 23, 2002--KIK Technology International, Inc. (OTCBB:KKTI) manufacturers of micro-cellular urethane tires, wheel assemblies and other urethane products, is pleased to announce sales for the month of May, 2002, exceeded budget expectations. Sales for the month were $320,000. This compares with sal ... Continue reading
IRVINE, Calif.--July 23, 2002--KleenAir Systems Inc. (OTC BB:KAIR), an international environmental company dedicated to the development, testing and commercialization of products to help reduce smog and air pollution, today announced that following an investment of $1 million earlier this year, The Prudent Bear Fund (B ... Continue reading
Myers Industries Reports Second Quarter and Six Month Results
AKRON, Ohio--July 23, 2002--Myers Industries, Inc. today reported that net sales for the second quarter ended June 30, 2002 were $153,095,622, rising slightly from the $152,737,962 reported a year ago. Net income was $6,801,442, an increase of 114 percent compared to $3,181,364 last year. Net income per share was $.28, ... Continue reading
DALLAS--July 23, 2002--Probex Corp. (AMEX:PRB), an energy technology company, today reported that it has obtained firm commitments for a total of $3 million of additional interim financing from existing investors in the Company. The funds will be used for general corporate and working capital purposes. Probex Chairman, ... Continue reading
REMINDER/TI Automotive Will Announce a Major Investment in Oakland County
--July 23, 2002-- Media Advisory - TI Automotive will announce a major investment in Oakland County along with plans to locate new evaporative-emissions test facilities at its Auburn Hills Technical Centre at a media briefing at 9:30 a.m., Tuesday, July 23, at the technical center, 1227 Centre Road (just south of Unive ... Continue reading
Rockwell Automation Reports Third Quarter Results
MILWAUKEE--July 23, 2002--Rockwell Automation , a leading global provider of industrial automation power, control and information solutions, today reported fiscal 2002 third quarter net income of $90 million (47 cents per share). This result includes: -- A benefit of $30 million (16 cents per share) from the resolution ... Continue reading
Starcraft Corporation Schedules Third Quarter Earnings Release and Conference Call
GOSHEN, Ind.--July 23, 2002--Starcraft Corporation (OTCBB:STCR) will announce its third quarter results for the quarter ended June 30, 2002 after the market closes on August 2, 2002. The Company will conduct a teleconference on Wednesday, August 7, 2002 at 2:00 p.m. EDT. Investors and interested parties may participate ... Continue reading
Accuride Corporation Reports Second Quarter Results for 2002
EVANSVILLE, Ind.--July 23, 2002--Accuride Corporation today announced net sales of $94.6 million for the second quarter ended June 30, 2002. This compares to net sales of $92.1 million for the second quarter of 2001, an increase of 2.7%. For the six months ended June 30, 2002, net sales were $172.4 million compared to ... Continue reading
SAN ANTONIO, Texas--July 23, 2002-- AutoStudio helps shave years off time-to-market cycle; plays pivotal role in interactive marketing and branding precedents with computer generated automotive renderings In an increasingly competitive marketplace, Alias/Wavefront(TM), a Silicon Graphics (SGI) company, is playing a piv ... Continue reading
America Online Latin America Announces Interactive Marketing Agreement With Nissan in Mexico
MEXICO CITY, Mexico--July 23, 2002-- Nissan's New Platina Model to be Promoted Across the AOL Mexico Service America Online Latin America Inc. , one of the leading interactive services providers in Latin America, today announced an interactive marketing agreement between its subsidiary AOL Mexico S.A. de R.L. de C.V. a ... Continue reading
Barbara Jeremiah and Joseph Muscari Named Alcoa Executive Vice Presidents
PITTSBURGH--July 23, 2002--Alcoa announced today that its Board of Directors elected Barbara S. Jeremiah, 50, executive vice president of Corporate Development, and Joseph C. Muscari, 55, executive vice president of Latin America and Asia, effective immediately. Ms. Jeremiah has been vice president of Corporate Develop ... Continue reading
SAN DIEGO--July 23, 2002--B.A.T. International Inc. (OTCBB:BAAT) has completed a major acquisition of a 35 percent position in a biodiesel company -- American Bio-Fuels Inc. (ABF) (see Web site at http://www.americanbiofuels.com). The company is currently in production of biodiesel in Adelanto, Calif., and has a contra ... Continue reading
CarParts Technologies Delivers Immediate ROI With OpenWebs Commerce Server v3.0
SAN JUAN CAPISTRANO, Calif.--July 23, 2002-- New Commerce Server Enables Parts Distributors To Service And Grow Their Own Customer Networks with Internet Inventory Checking and Ordering CarParts Technologies Inc. (CPT), the leading provider of open, e-commerce software solutions for the automotive aftermarket, today an ... Continue reading
BOSTON--July 23, 2002--Compete, Inc., a leading business intelligence firm that provides automotive, financial services, retail, and media/entertainment companies with data-driven insights and strategies to optimize key business decisions, today announced that Lincoln Merrihew has joined the company as Automotive Pract ... Continue reading
Ford Motor Company of Southern Africa Selects ACCELERATORs to Expand WAN Capacity
ROSELAND, N.J.--July 23, 2002-- Expand ACCELERATORs Save Bandwidth Upgrade Costs for Global Automaker; Deliver 300% More WAN Bandwidth Expand Networks, a leader in bandwidth optimization technology, today announced that the Ford Motor Company of Southern Africa has selected its ACCELERATORs to increase capacity of its ... Continue reading
Immersion Adds Intec as Newest Licensee for Video Game Console Peripherals
SAN JOSE, Calif.--July 23, 2002-- Console Gaming Accessories Supplier Offers a Range of Controllers with Immersion(R) Haptic Technology Immersion Corp. , the leading developer and licensor of haptic feedback technology, and Intec Inc. today announced that Intec has licensed Immersion's haptic technology. Intec is the e ... Continue reading
SAN ANTONIO--July 23, 2002-- Immersion Also Showing MicroScribe Connections for Alias Wavefront's Maya(R) Software and VirtualHand(R) Extension for Sense8's WorldTookit(R) Immersion Corp. , a leading developer of 3D and force-feedback products and technologies, invites attendees to be among the first to try their hand ... Continue reading
Jaguar Selects Teradyne Diagnostic Solutions as Manufacturing Partner
MANCHESTER, England--July 23, 2002--Jaguar Cars, Ltd. has chosen the new Vehicle Configuration and Test Solutions(VCATS) from Teradyne Diagnostic Solutions for its assembly line vehicle test and configuration requirements. Teradyne's VCATS system will be used for the new range of Jaguar S-Type vehicles manufactured at ... Continue reading
Multimedia Available: Mobil 1 Chosen as Factory-Fill Motor Oil for Cadillac XLR
-- Mobil 1(R), the world's leading synthetic motor oil, has been selected as original equipment (factory-fill) in Cadillac's all-new luxury roadster, the Cadillac XLR. The Cadillac XLR will be factory-filled with the 5W-30 viscosity grade of Mobil 1 with SuperSyn(tm). You can reach the story directly by going to http:/ ... Continue reading
SEOUL, South Korea--July 23, 2002--ON Semiconductor has received a Superior Supplier Award from Hyundai Autonet Company Ltd. for providing the best business support. Hyundai Autonet conducts an annual supplier appraisal program to recognize the level of service and response that its semiconductor suppliers achieve in s ... Continue reading
SHREVEPORT, La.--July 23, 2002-- StockPickReport.Com (IARD#119079 - http://www.stockpickreport.com/?src=pz ) makes these stock evaluations for the short term: Brocade - Underperform Ford Motor Company - Outperform Disney - Underperform Prudential Financial Inc. - Trend with Market PepsiCo - Underperform WHAT THESE RATI ... Continue reading
SANTA ANA, Calif.--July 23, 2002--EnterpriseDNA, provider of a breakthrough in collision repair productivity, today announced the appointment of two key team members. Stuart Frost joins EnterpriseDNA as CEO and chairman of the board of directors. Frost has extensive experience in starting and running software and servi ... Continue reading
Tech/Ops Sevcon Reports Third Quarter Results
BURLINGTON, Mass.--July 23, 2002--Tech/Ops Sevcon, Inc. (AMEX symbol TO) reported that net income for its third fiscal quarter was $19,000, or $.01 per diluted share, compared to last year's results when the Company had net income of $408,000, or $.13 per diluted share. Revenues for the third quarter were $5,355,000, a ... Continue reading
TI Automotive Consolidates Testing Facilities
AUBURN HILLS, Mich.--July 23, 2002--TI Automotive is relocating two of its North American test facilities and investing more than $2.5 million in its technical center in Auburn Hills to enhance the efficiency of its worldwide testing capabilities. The two labs - one in Warren, Michigan, and another in Sanford, Florida ... Continue reading
Zycus' Automated Classification Solution Helps Covisint Embrace UNSPSC
SANTA CLARA, Calif.--July 23, 2002-- Zycus' AI Driven UNSPSC Classifier to Help Leading Automobile Companies in Tracking Spend and Rationalizing Purchasing Costs Zycus, the leader in Artificial Intelligence driven automated spend analysis and product content management solutions, today announced that Covisint, the glob ... Continue reading
7/24 "Inside Racing" Guest Lineup
"INSIDE RACING" Radio Show FEATURED GUESTS for 7/24: FELIPE GIAFFONE Driver, Indy Racing League's Mo Nunn Racing; Currently 4th in 2002 IRL points TONY RENNA Driver, Indy Racing League's Kelley Racing Team, temporarily replacing Al Unser, Jr.; In first-ever IRL event, led recent Nashville race CHRIS PAULSON Owner, C & ... Continue reading
AmeriCredit To Webcast Analyst Conference Call On Fourth Quarter Operating Results
FORT WORTH, Texas--July 23, 2002--AmeriCredit Corp. will release its fourth quarter and fiscal year 2002 operating results on August 6, 2002 after stock market close. Clifton H. Morris, Jr., Executive Chairman of the Board; Michael R. Barrington, Vice Chairman, CEO & President; and Daniel E. Berce, Vice Chairman and Ch ... Continue reading
DETROIT & SAN RAMON, Calif.--July 23, 2002--The Automotive Multimedia Interface Collaboration (AMI-C) announced today that it is incorporating the Open Services Gateway Initiative (OSGi) technology specification as the underlying framework for its software platform for mobile information and entertainment systems. In c ... Continue reading
Apogee Enterprises Announces Increase to Share Repurchase Program
MINNEAPOLIS--July 23, 2002--Apogee Enterprises, Inc. announced today that its Board of Directors has authorized a 500,000 share increase to the company's share repurchase program. The share repurchase program now allows the company to repurchase up to 1.5 million shares of the company's common stock. The previous progr ... Continue reading
Apogee Enterprises Declares Quarterly Cash Dividend
MINNEAPOLIS--July 23, 2002--The Board of Directors of Apogee Enterprises, Inc. announced it has declared a regular quarterly cash dividend of $0.055 per share, payable August 28, 2002 to shareholders of record August 12, 2002. The company has approximately 28.5 million shares outstanding. Apogee Enterprises, Inc. (www. ... Continue reading
Ballard Power Systems Announces Second Quarter 2002 Conference Call
VANCOUVER, British Columbia--July 23, 2002-- Ballard Power Systems today announced that it will hold a conference call to discuss its second quarter results on Tuesday, July 30, 2002 at 2:00 p.m. PDT (5:00 p.m. EDT). Access to the call may be obtained by calling the operator at (416) 640-4127 prior to the scheduled sta ... Continue reading
CTS Reports Improved Second Quarter Results
ELKHART, Ind.--CTS Corporation today announced improved second quarter results, with revenue up from the first quarter. On revenues of $117.7 million, up 4.6% from the first quarter, the Company reported a loss per share of $0.08, including pretax $0.4 million of restructuring-related charges. This compares to first qu ... Continue reading
Diablo Paintball Can-Am 125 Release Round 3 Mosport
FOR IMMEDIATE RELEASE 23 July 2002 Ann Arbor, MI Forty-three riders took to the grid for Sundays round three of the Diablo Paintball Can-Am 125GP Challenge Presented by Durmach. From the front to the back of the grid there were groups of three to seven riders battling it out the entire twelve lap race for position. Due ... Continue reading
El Dia Directo Expands Services with eQuality from Witness Systems
ATLANTA--July 23, 2002-- Puerto Rican outsourcer selects customer interaction recording software as part of value-added services Witness Systems , a leading global provider of customer interaction recording, performance analysis and e-learning software, today announced that El Dia Directo, part of the Grupo Ferre Range ... Continue reading
SOUTHFIELD, Mich.--July 23, 2002--Elysium Inc., a leading global provider of CAD translation software, today announced that its powerful CADporter(TM) product has been named an Autodesk Inventor Certified Application by Autodesk, Inc. As a certified application, CADporter meets the criteria set by Autodesk to ensure cu ... Continue reading
Fitch Rts DaimlerChrysler Auto Trust 2002-B ABS Nts 'AAA'
NEW YORK--July 23, 2002--Fitch rates DaimlerChrysler Auto Trust (DCAT) 2002-B Asset Backed Notes as follows: $356,694,000 1.83% Class A-1 Notes Retained / Unrated $675,000,000 2.20% Class A-2 Notes 'AAA'; $430,000,000 2.93% Class A-3 Notes 'AAA'; $395,000,000 3.53% Class A-4 Notes 'AAA'; $62,369,000 Certificates Retain ... Continue reading
Grupo Imsa Announces Second Quarter 2002 Results; EBITDA Grows to a Record Level of US$105 Million
MONTERREY, Mexico--July 23, 2002--Grupo Imsa, S.A. de C.V. (BMV:IMSA) today announced results for the second quarter of 2002. Unless otherwise stated, all figures are presented in millions of June 30, 2002, pesos (Ps), or in millions of nominal U.S. dollars(a) (US$). Second Quarter 2002 Highlights -- In nominal dollars ... Continue reading
Join the Skyjacker Tour Team at Racoon Mountain; Chattanooga, TN
August 31 through September 2, 2002 Chattanooga, TN Bring the family and enjoy three days of 4-wheeling fun at Raccoon Mountain Located just west of Chattanooga, TN, Raccoon Mountain offers great trail riding opportunities for 4-wheelers of all ages and skill levels. We’ll also have rides leaving for other nearby des ... Continue reading
Motown Harley-Davidson/Buell Announces New Service Department
TAYLOR, Mich.--July 23, 2002--Motown Harley-Davidson/Buell, one of Michigan's largest motorcycle dealerships, today announced a new and improved service department. "We have listened to our customers and made some big changes," said Bob DeMattia, president. "Our scheduling procedures will get our customers and their bi ... Continue reading
North Carolina A&T State University Teams with ChevronTexaco to Increase Minorit
North Carolina Agricultural and Technical State University 1601 East Market Street | Greensboro, NC 27411 www.ncat.edu PRESS RELEASE (Media Note: Russell Williams will be at Pocono Raceway on Sunday, July 28 with the No. 28 Havoline team. He is available for interviews. Please arrange with Steve Post) FOR IMMEDIATE REL ... Continue reading
Pickups Plus Announces Hiring of New Director of Franchise Operations
MASON, Ohio--July 23, 2002--Pickups Plus, Inc. (OTCBB:PUPS), a leading retailer and national franchiser in the $30 billion truck and SUV aftermarket accessories industry, announced today the hiring of Gary Hoyle as Director of Franchise Operations. Mr. Hoyle brings over 20 years of entrepreneurial experience to Pickups ... Continue reading
TNT Logistics North America to Operate Distribution Centers for Michelin in United States and Canada
GREENVILLE, S.C. & JACKSONVILLE, Fla.--July 23, 2002--Michelin North America has signed a six-year, multi-million dollar agreement with TNT Logistics North America under which TNT will operate Michelin's network of tire distribution centers in the United States and Canada. The agreement builds on a successful relations ... Continue reading
Transpro, Inc. to Broadcast Second Quarter 2002 Conference Call Over the Internet
NEW HAVEN, Conn.--July 23, 2002--Transpro, Inc. announced that it intends to release its second quarter 2002 results on Tuesday, July 30, 2002 after the close of the market. In conjunction with this release, Transpro will hold a conference call on Wednesday, July 31, 2002 at 9:00 A.M. EDT, which will be simultaneously ... Continue reading
Continually updated entry list, news & notes at arcaracing.com; thanks, Don Radebaugh......... POCONO FACTSHEET PLUS....... RACE: Pepsi ARCA 200, 7-27-02 TRACK: Pocono Raceway, 2.5-mile paved triangle LOCATION: Long Pond, PA DISTANCE: 80 laps, 200 miles SANCTION: ARCA SERIES: Event #14 of the 2002 ARCA RE/MAX Series PR ... Continue reading
Jeep(R) Announces Pricing for New Extreme Rock Crawler Model Under $25,000
AUBURN HILLS, Mich., July 23-- The Rubicon name isn't just for a Class 10 off-road trail anymore -- it's also what the Jeep® brand is calling their ultimate off-road rig. With production beginning next month, the Jeep Wrangler Rubicon model features Tru-Lok® locking front and rear differentials, front and rear Dana 4 ... Continue reading
Federal Standard For Child Safety Seats Installation Effective September 1, 2002
PARSIPPANY, N.J., July 23 -- What Every Parent Must Know ... Finally, parents have one standard for child safety seat installation -- minimizing the confusion and increasing parents' chances of getting it right. The new federal standard for child restraint installation, known as the LATCH system, will be required in al ... Continue reading
Japan carmakers' June overseas output zooms ahead
Chang-Ran Kim writing for Reuters said that domestic production at Japan's five big automakers was mixed in June but overseas output mostly rose as the export-dependent industry tried to minimise its vulnerability to foreign exchange fluctuations. The sole exception was the smallest of the five, Mazda Motor Corp, which ... Continue reading
Volvo: Six Months Ended June 30, 2002
GOTEBORG, Sweden, July 23, 2002 (PRIMEZONE) -- Volvo: 2002 2001 Net sales, SEK M 89 679 90 848 Operating income excluding restructuring costs, SEK M 1 197 2 625 Operating income, SEK M 1 197 1 306 Income after financial items, SEK M 692 561 Net income, SEK M 334 555 Sales growth, % (1) 53 Income per share during most r ... Continue reading
Volvo: North American Truck Market Near Bottom
STOCKHOLM, July 23 Reuters reported that truck maker AB Volvo posted in-line pre-tax profits for the second quarter on Tuesday and said the North American truck market was no longer falling. "The increased order intake in the North American truck market during the second quarter is an encouraging sign that the market h ... Continue reading
Ford Poised to Accelerate Restructuring
Tim Burt and Jeremy Grant reported fo the Financial Times that when Bill Ford spoke at an outdoor dinner in rural Michigan last week about progress his company was making on its sweeping restructuring, he surprised his guests by saying exactly how many days the project had been running. "Not that I'm counting," he joke ... Continue reading
Japan Big 5 Auto Output Scorecard
TOKYO, July 23 Reuters published this report. Japan's largest automaker, Toyota Motor Corp said on Tuesday its domestic output fell 5.6 percent in June from a year earlier to 282,186 vehicles. Toyota also said domestic output rose 1.1 percent to 1.72 million vehicles in the first half of 2002 compared with the same per ... Continue reading
BRUSSELS July 22 David Lawsky writing for Reuters reported that General Motors won European Commission clearance on Tuesday for its purchase of 42.1 percent of bankrupt Daewoo Motor Co of South Korea for $251 million in cash. "The Commission has found that the operation will have no anti-competitive impact, either in t ... Continue reading
Price Rise For 2003 Fords and GM Cars?
NEW YORK, July 23 Reuters reported that General Motors Corp and Ford Motor Co., are signaling they intend to raise prices on many of their 2003 models, after having driven incentives this year with zero percent financing, the Wall Street Journal reported on Tuesday. Though the top two automakers are offering few detail ... Continue reading
GM Daewoo JV Facing $2 Billion Hurdle
SEOUL, July 23 Kim Kyoung-wha writing for Reuters reports that General Motors Corp's takeover of South Korea's troubled Daewoo Motor faces funding hurdles as creditors clash over $2 billion in promised funds for the new venture, lenders said on Tuesday. The debate is set to come to a head this week as lenders meet over ... Continue reading
Auto Accident Victims Are Entitled to Additional Compensation for Their Car's Loss in Value
CHICAGO, July 23 -- Most people know that when their car is in an accident and the other driver is at fault that they are entitled to quality repairs and parts, but what most don't realize is that they also deserve compensation for their car's loss in value. ClaimCoach, www.claimcoach.com , an online automotive insuran ... Continue reading
Alex Job Racing - Washington victory resend
Washington, DC race, July 21, 2002 sizzling win Alex Job Racing finished first and third in the GT class in Sunday's American Le Man Series race in Washington, DC. Sascha Maassen and Lucas Luhr scored their third class victory of the season in the No. 23 McKenna Xybernaut Porsche. Their teammates Timo Bernhard and Jör ... Continue reading
NMRA Maple Grove on ESPN2 this Week!
NMRA Ford Nationals Show Series Official Newsletter http://www.nmraracing.com For Immediate Release: NMRA Maple Grove - Ford Motorsport Nationals to be broadcast on ESPN2 this week - Wednesday at 6:00 PM EST. The NMRA Ford Nationals Series event at Maple Grove Raceway will be hitting homes this weekend courtesy of ESPN ... Continue reading
Mopar Motorsports NHRA POWERade Drag Racing Series Mopar Parts Mile-High Nationals Bandimere Speedway Notes & Quotes July 21, 2002 TELEVISION TIMES: (ALL TIMES EASTERN) FINAL ROUND: Sun., July 21; 69 p.m.; ESPN2 REPEAT: Tues., July 23; 2-4 p.m.; ESPN2 MORRISON, Colo. -- Mopar Motorsports NHRA POWERade Drag Raci ... Continue reading
Sunoco Ron Fellows Karting Championship Round 5 and 6 - report
Clean sweep! Hinchcliffe, Champagne, Morad and Herder all clean up at Goodwood GOODWOOD, ON - The Sunoco Ron Fellows Karting Championship made its first of two scheduled appearances for the 2002 season at Goodwood Kartways on the July 20-21 weekend. It also marked the halfway point of the season - rounds 5 and 6 of the ... Continue reading
Florida to Award Digital Image Driver License System Contract to Digimarc
BEDFORD, Mass.--July 23, 2002--Digimarc ID Systems, LLC, a wholly owned subsidiary of Digimarc Corporation , announced today that the State of Florida has given notice of its intent to award the state's digital drivers license contract to Digimarc ID Systems. For more information, see http://fcn.state.fl.us/owa_vbs/owa ... Continue reading
BorgWarner Earns $1.70 Per Share in Q2; Sales Up 18% on Strong Global Demand and New Business
CHICAGO, July 22 BorgWarner Inc. today reported earnings of $1.70 per share on an 18% sales increase to $712.4 million in the 2002 second quarter. The company's broad customer base, geographic growth and key technology for engine and transmission efficiency and vehicle stability were key factors in its strong results. ... Continue reading
UAW Calls on South Korea to Free Trade Unionists, Respect Workers' Rights
DETROIT, July 22 -- UAW President Ron Gettelfinger called on South Korean president Kim Dae Jung today to respect workers' rights and release imprisoned trade unionists. "South Korea has made progress towards democracy in recent years," said Gettelfinger. "But you can't have real democracy unless workers are free to jo ... Continue reading
Westport completes MAN engine testing
VANCOUVER, July 22- Westport Innovations Inc. announced today that it has completed testing of a MAN 12-liter truck engine with Westport Cycle(TM) natural gas technology under the terms of a cooperation agreement with MAN Nutzfahrzeuge AG of Munich. "We are very impressed by the emissions and performance demonstrated s ... Continue reading
Michelin Challenge Bibendum Attracts World's Cleanest Vehicles to Heidelberg and Paris
GREENVILLE, S.C., July 22 -- The fourth edition of the Michelin Challenge Bibendum will take place September 22-25, 2002 in Europe. The event will begin in Heidelberg, Germany and conclude in Paris, France in time for the start of the Paris Auto Show. The route will include stops at the Hockenheim circuit and the Europ ... Continue reading
Carnegie Mellon and Boeing Win Unmanned Ground Combat Vehicle Award
FARNBOROUGH, United Kingdom, July 22 The Defense Advanced Research Projects Agency has awarded Carnegie Mellon University's National Robotics Engineering Consortium and teammate Boeing $5.5 million to build and test a prototype robotic unmanned ground combat vehicle or UGCV. The vehicle will be the first attempt at an ... Continue reading
Correction -- Jaguar North America
In the news release, Land Rover Searches for Global Adventurers issued earlier today by Jaguar North America over PR Newswire, we are advised by the company that the second paragraph, first sentence should read, "The Land Rover G4 Challenge, comprises four consecutive global stages, each in a different time zone, and s ... Continue reading
Illinois Enacts SEMA Street Rod/Custom Vehicle Registration Bill
Media Contact: Steve McDonald, stevem@sema.org 202/783-6007, ext. 31 ILLINOIS ENACTS SEMA STREET ROD/CUSTOM VEHICLE REGISTRATION BILL WASHINGTON (July 2002) - Car hobbyists and related businesses scored a major victory when SEMA model legislation to create titling and registration classes for street rods and custom veh ... Continue reading
Evernham Motorsports Fields an ARCA Car with Driver Casey Atwood at Pocono
* * * FOR IMMEDIATE RELEASE* * * Kristine Curley Golin/Harris 704.924.9404 EVERNHAM MOTORSPORTS FIELDS AN ARCA CAR WITH DRIVER CASEY ATWOOD AT POCONO STATESVILLE, N.C. (July 22, 2002) - Evernham Motorsports announced that the organization will field a Dodge Intrepid R/T in the ARCA race Saturday, July 27, at Pocono Rac ... Continue reading
BMW WilliamsF1 Team-Hockenheim Preview
German Grand Prix - 26/27/28 July 2002 - PREVIEW There are only four days between the French Grand prix and the first Free Practice session of the German Grand Prix, which requires a big effort by the F1 logistic organisation. The four trucks and three motorhomes of the BMW WilliamsF1 Team will arrive at Hockenheim on ... Continue reading
California DMV Launches Internet Ordering for Special Interest License Plates
SACRAMENTO, Calif.--July 22, 2002--"It's so easy, even I can do it," said DMV Director Steven Gourley, as he announced today that Californians can now use their home computers to order special interest and personalized license plates on the Internet. "The activation of this new on-line ordering service makes it easy fo ... Continue reading
Union Acceptance Corporation Announces Results for the Quarter Ended June 30, 2002
INDIANAPOLIS--July 22, 2002--Union Acceptance Corporation ("UAC") today announced financial and operational results for the quarter ended June 30, 2002. Results reflect UAC's strategic initiatives which consist of a comprehensive expense reduction plan, extensive technology upgrades focused on improving efficiencies in ... Continue reading
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.
Vehicle manufacturers and alt fuels.
