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December 2002

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Tuesday, December 24, 2002

Two Time Defending Champion Will Nonnamaker Returns To Defend STII Title

Two Time Defending Champion Will Nonnamaker Returns To Defend STII Title

2002 Grand-Am Cup ST II Team Champion HRPworld.com and Driver Champion Will Nonnamaker will be returning to the class to defend their titles. In the drivers seat of the #43 King Motorsports Acura Integra LS will be Will Nonnamaker in his quest for a third straight ST II Driver Title. In 2001, Will won six races and fin ... Continue reading

Bell Motorsports adds Fittipaldi and Theys

Bell Motorsports adds Fittipaldi and Theys

Bell Motorsports is aiming for the top with a strong car and driver lineup for the 2003 Rolex 24 at Daytona. The Florida team will run the new Doran JE 4 Daytona Prototype race car built by Ohio-based Doran Enterprises. Bell Motorsports and Doran Racing will combine forces for the 24-hour endurance race, under the dire ... Continue reading

Founder of Saab's U.S. Business Dies

Founder of Saab's U.S. Business Dies

MIDDLETOWN, Conn. December 24, 2002; The AP reported that Ralph T. Millet, who helped bring the first Saabs to the United States and later became president of the Swedish car maker's U.S. import business, has died. He was 85. Millet, of Old Saybrook, Conn., died at Middlesex Hospital in Middletown, according to his min ... Continue reading

Man Bites Dog- Broadcaster Invests In Dealerships

Man Bites Dog- Broadcaster Invests In Dealerships

BALTIMORE, Dec 24, 2002; Reuters reported that television broadcaster Sinclair Broadcast Group Inc. said on Tuesday it would invest $20 million in an auto dealership holding company controlled by Sinclair Chief Executive David Smith. Sinclair said the move to buy a 17.5 percent equity stake in closely held Summa Holdin ... Continue reading

FORD CENTENNIAL-EDITION VEHICLES MARK COMPANY’S FIRST 100 YEARS

FORD CENTENNIAL-EDITION VEHICLES MARK COMPANY’S FIRST 100 YEARS

WASHINGTON, Dec. 19, 2002 – Five new limited-edition vehicles, designed to mark Ford Motor Company’s 100th year of building automobiles, will be displayed for the first time ever at the 2002 Washington Auto Show. The three comprehensively-equipped Centennial-edition cars – the 2003 Ford Mustang, Focus ... Continue reading

China To Expand its Largest Vanmaker

China To Expand its Largest Vanmaker

SHANGHAI, Dec 24, 2002; Reuters reported that regulators have approved a plan to boost the capital of China's largest vanmaker, a venture between Brilliance China Automotive Holdings Ltd and Shenyang Jinbei Automotive Co Ltd, Shenyang Jinbei said on Tuesday. The two shareholders agreed last year to increase the paid-in ... Continue reading

Nissan Production, Sales and Export Results for November 2002

Nissan Production, Sales and Export Results for November 2002

JapanCorp: <http://www.japancorp.net/?page_num=1> Nissan Production, Sales and Export Results for November 2002 Tokyo, Japan, Dec. 24, 2002 - (JCN Newswire) - Nissan Motor Co., Ltd. today announced production, sales and export figures for November. Production Nissan's global production in November registered the ninth ... Continue reading

Mazda Production and Sales Results in November 2002

Mazda Production and Sales Results in November 2002

JapanCorp: <http://www.japancorp.net/?page_num=1> Mazda Production and Sales Results in November 2002 Tokyo, Japan, Dec. 24, 2002 - (JCN Newswire) - Mazda Motor Corporation reported today its domestic production, domestic sales, exports, and overseas production month-end figures for November 2002. Highlights include: ( ... Continue reading

Association of Consumer Vehicle Lessors Announces Consumer Vehicle Lease Volume Down 14.5% in 2002

Association of Consumer Vehicle Lessors Announces Consumer Vehicle Lease Volume Down 14.5% in 2002

NASHVILLE, Tenn., Dec. 23 -- New lease volume for the period Jan. - Nov. 2002 for the largest national lessors declined 14.5% from the same period in 2001 according to a survey conducted by The Association of Consumer Vehicle Lessors (ACVL). A prior ACVL survey of the full year volume change from 2000 to 2001 found a 4 ... Continue reading

November Global Output: Toyota Up 14.9%, Nissan Up 4.9%

November Global Output: Toyota Up 14.9%, Nissan Up 4.9%

TOKYO, Dec 24, 2002; Reuters reports that Japan's largest automaker, Toyota Motor Corp, said on Tuesday its global output rose 14.9 percent in November from a year earlier to 509,629 vehicles. Third-ranked Nissan Motor Co produced 233,922 vehicles worldwide, up 4.9 percent. ... Continue reading

Coors Family to Buy CoorsTek for $254M

Coors Family to Buy CoorsTek for $254M

GOLDEN, Colo. December 24, 2002; The AP treported that CoorsTek Inc. said Monday it has accepted a sweetened, $26 per share offer from the Coors family, a month after the industrial components manufacturer rejected Coors' offer as too low. The 8.6 million-share transaction with Keystone Acquisition Corp., a wholly owne ... Continue reading

Honda Nov ember Global Vehicle Output up 10.1 %

Honda Nov ember Global Vehicle Output up 10.1 %

TOKYO, Dec 24, 2002; Reuters reported that Honda Motor Co Ltd said on Tuesday its global vehicle output for November was up 10.1 percent from the year-earlier month at 258,285 units. It produced 121,394 vehicles in Japan, up 6.1 percent, while overseas output was up 13.9 percent at 136,891 units. ... Continue reading

CARRIER SPONSORS ROUNDTABLE DISCUSSION BOX LUNCH AT MACS 2003

CARRIER SPONSORS ROUNDTABLE DISCUSSION BOX LUNCH AT MACS 2003

CONVENTION AND TRADE SHOW (LANSDALE, PA) -December 23, 2002- The Mobile Air Conditioning Society (MACS) Worldwide will hold its 23rd annual convention and trade show, Reality Check 2003 at the Marriott New Orleans, January 30th-February 1st. Thursday, January 30th at noon, Carrier Transport Air Conditioning will sponso ... Continue reading

FLUENT Achieves Motor Racing CFD Pole Position

FLUENT Achieves Motor Racing CFD Pole Position

LEBANON, N.H.--Dec. 23, 2002--At the end of another motor racing season, Computational Fluid Dynamics (CFD) software from Fluent Inc. is again proving to be in pole position for motor racing aerodynamic and allied flow simulations. Successes by FLUENT users in Formula 1, Indy Car and NASCAR racing have kept Fluent's co ... Continue reading

Japan's November Exports Rise

Japan's November Exports Rise

TOKYO, Dec 24, 2002; Reuters reports that Japan's exports grew at a brisk pace in November, fuelled by strong demand from Asian neighbours such as China, offsetting worries about possible fallout from a U.S. slowdown, Finance Ministry data showed on Tuesday. Exports rose 19.2 percent from a year earlier to 4.636 trilli ... Continue reading

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