Arctic Cat Announces Record 2002 Second-Quarter Sales and Earnings
THIEF RIVER FALLS, Minn.--Oct. 25, 2001--Arctic Cat Inc. today reported results for the fiscal 2002 second-quarter and six-months ended September 30, 2001. Net sales increased 11 percent to $218,948,000 for the 2002 second quarter versus $197,074,000 for the same period last year. Net earnings rose 9 percent to $20,332 ... Continue reading
Manheim Auction Parent To Sell Large Block Of Stock
Manheim Auction parent company announced that they would sell 13.5 million shares of Cox Communications Class A common stock to two yet unknown private investors. Cocks Enterprises will use proceeds from the sale for general corporate purposes. Jim Kennedy, Chairman and Chief Executive Officer of Cox Enterprises and Ch ... Continue reading
Chrysler Vehicle Communications System-"Take-It-Anywhere"
AUBURN HILLS, Mich., Oct. 25 -- Chrysler Group announced today new details of its vehicle communication strategy for North America, including an innovative entry that embraces Bluetooth technology and uses the customer's personal mobile phone.Building on Mercedes-Benz's pioneering Tele Aid Telematics solution, Chrysler ... Continue reading
Action Performance Announces Closure of Goodsports Subsidiary, Sale of Assets
PHOENIX--Oct. 25, 2001--Action Performance Companies Inc. (Action) today announced the closure of its Goodsports Holdings Pty Ltd. (Goodsports) subsidiary and the sale of certain Goodsports' United Kingdom subsidiary's assets to Podia Group PLC (UK) (Podia). Goodsports designed, marketed and distributed Formula One app ... Continue reading
Chrysler Financing Cuts Off Major Automotive
LONG ISLAND CITY, N.Y.--Oct. 24, 2001-- The Major Automotive Companies, Inc. (f/k/a Fidelity Holdings, Inc.) announced today that Chrysler Financial Company, LLC ("CFC"), one of its primary floor plan credit sources for the financing of its vehicle inventory, has notified the Company that CFC has re-evaluated its credi ... Continue reading
Eaton Declares Quarterly Dividend
CLEVELAND--Oct. 24, 2001--Diversified industrial manufacturer Eaton Corporation's Board of Directors today declared a regular quarterly dividend of $0.44 per common share, payable on November 23, 2001 to shareholders of record on November 5, 2001. Eaton has paid dividends on common shares annually since 1923. Eaton Cor ... Continue reading
``Fall Back'' to Cautious Driving as Daylight-Saving Time Ends, Says AAA
SAN FRANCISCO--Oct. 24, 2001--Another hour of dangerous driving looms this weekend with the shift from daylight-saving time to standard time on Sunday at 2 a.m. "Night driving is more dangerous this time of year due to several factors," said Bronwyn Hogan, AAA spokeswoman. "A longer period of darkness means less visibi ... Continue reading
Toyota Concept Cars Stand Out at 35th Tokyo Motor Show
TOKYO--October 24, 2001--Toyota Motor Corporation today unveiled its new prototypes and production vehicles at the 35th Tokyo Motor Show. Toyota's exhibit spotlights the company's innovations in environmental and information technology as well as sporty performance and motor sports. Toyota's commitment to environmental ... Continue reading
AutoNation Authorizes Additional $250 Million for Stock Repurchases
FORT LAUDERDALE, Fla., Oct. 24 -- AutoNation, Inc. , America's largest retailer of new and used vehicles, today announced that its Board of Directors has authorized the repurchase of up to an additional $250 million of the Company's common stock.The Company's Board of Directors now has authorized $2 billion for repurch ... Continue reading
AUBURN HILLS, Mich., Oct. 24 -- Chrysler Group today announced the appointment of Christine K. Cortez as Senior Vice President -- Service & Parts, effective January 1, 2002. Cortez will report to Jim Schroer, Executive Vice President of Global Sales and Marketing.In this position, Cortez, 47, will be responsible for Ch ... Continue reading
SAN RAMON, Calif.--Oct. 24, 2001--Automatic Data Processing (ADP) Claims Services Group today reported its successful renewal of all automotive insurance clients and contracts for the fourth consecutive year. Adding to the positive economic performance and revenue growth, the insurance claims services business also inc ... Continue reading
WSJ REPORTS: Ford Shelves Plan for New Explorer Fuel Efficiency Technology
The WSJ has reported that Ford Motor Co., which has vowed to boost the fuel economy of its sport-utility vehicles by 25 percent by 2005, has killed an effort to use an innovative starter-generator system to make a more fuel-efficient version of its best-selling Explorer SUV, according to Ford engineers and suppliers fa ... Continue reading
Toyota Estima Hybrid Sums Up Future of Vehicle Technology at Tokyo Motor Show
TOKYO--Oct. 24, 2001--Toyota Motor Corporation's mass-produced and marketed gasoline-electric hybrid vehicles on exhibit at the 35th Tokyo Motor Show include a new 4-wheel drive minivan and luxury sedan, to complement the popular Prius which is now available in Hong Kong (special administrative region of China), Singap ... Continue reading
The Eastern Company Declares Regular Quarterly Cash Dividend
NAUGATUCK, Conn.--Oct. 24, 2001--The Eastern Company (AMEX:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable December 14, 2001, to common stock shareholders of record as of November 23, 2001. This represents the Company's 245th consecutive quarterly d ... Continue reading
Volvo - Nine Months Ended September 30, 2001
STOCKHOLM, Sweden--Oct. 24, 2001--Volvo: First nine months 2001 2000 Net sales, SEK M 131 982 87 155 Operating income excluding restructuring costs, SEK M(1) 2 413 4 998 Operating income, SEK M(1) (312) 4 998 Income after financial items, SEK M (1 319) 4 859 Net income, SEK M (980) 3 522 Sales growth, % 51 4 Income per ... Continue reading
KleenAir Seeks CARB Retrofit Verification
FULLERTON, Calif.--Oct. 24, 2001--KleenAir Systems Inc. (OTCBB:KAIR) has applied to the California Air Resources Board (CARB) for certification of its NOxMaster(R) NOx and particulate reduction system. Such certification will allow the Company to sell its products in California, which has the strictest emission control ... Continue reading
GT Driver Spotlight on Doug Goad
Driver Spotlight on Doug Goad DAYTONA BEACH, Fla. (Oct. 24, 2001) - The 2001 season for Doug Goad can be best described in his own words - "It's definitely been a season never to forget." He started it off at the Rolex 24 At Daytona in a race car that hardly had any bodywork left on it by the end of the famous enduranc ... Continue reading
Textron Declares Quarterly Dividend
PROVIDENCE, R.I.--Oct. 24, 2001--The Board of Directors of Textron Inc. today declared a quarterly dividend of thirty-two and a half cents ($0.325) per share on the company's Common Stock. The Board of Directors also declared a quarterly dividend of fifty-two cents ($0.52) per share on Textron's $2.08 Cumulative Conver ... Continue reading
AAA Says Bargain Airfares, Lower Car Rental Rates Await Holiday Travelers
ORLANDO, Fla.--Oct. 24, 2001--Americans planning to travel during the Thanksgiving holiday period will find significant reductions in airfares and car rental prices, according to AAA. An Oct. 23 survey by AAA - the largest leisure travel agency in North America - of roundtrip leisure airfares for 40 major U.S. city pai ... Continue reading
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