In September, the BMW 6-series will bow at the IAA, the auto show in Frankfurt. Awaiting this event, BMW released the first official pictures and some details. By Henny Hemmes BMWâs new sport coupe will first be introduced on the German market as the 645i with a 4.4-liter V-8 engine with 333 hp and 332 lb.ft of to ... Continue reading
From Zero To Directions In 60 Seconds ``Positioning Solutions/Mapopolis''
CLEVELAND--July 25, 2003--Just pop it in to your Palm OS or Pocket PC handheld's SD slot, and just seconds later you can be going places. With Mapopolis Grab 'n Nav from Positioning Solutions, you can begin navigating faster than ever before! The product, which includes a 32 MB SD card and a Mapopolis Online MapPack(TM ... Continue reading
Minghua Group Obtains Support From The Shenzhen Bureau Of Foreign Trade and Economic Cooperation
SHENZHEN, China, July 25 -- On July 4, 2003, the Shenzhen Bureau of Foreign Trade and Economic Cooperation indicated that it would finance Minghua Group International Holdings Limited's (BULLETIN BOARD: MGHA) application to the International Organization for Standardization (ISO). Minghua will be seeking ISO 9000 Certi ... Continue reading
Exide Technologies Files Disclosure Statement and an Amended Plan of Reorganization
PRINCETON, N.J.--July 25, 2003--Exide Technologies (OTCBB: EXDTQ), a global leader in stored electrical energy solutions, today announced that it has filed a Disclosure Statement and an amended Plan of Reorganization ("Plan") with the U.S. Bankruptcy Court for the District of Delaware. Under the proposed Plan, which is ... Continue reading
BMW ETCC Report from Qualifying at Spa
BMW Corporate Communications 2003 European Touring Car Championship Rounds 11, 12 - 25/26 July, Spa (Belgium) - QUALIFYING Priaulx and RBM Celebrate First Pole at Second Home Race Andy Priaulx gave the Belgian team that runs his BMW Team Great Britain car its first ever ETCC pole. While Andy was able to use RBM's local ... Continue reading
BMW WilliamsF1 Team-German GP-Preview
German Grand Prix 1/2/3 August 2003 PREVIEW After a podium finish on British soil last weekend, the German Grand Prix will be no less intense for the BMW WilliamsF1 Team as it endeavours to produce a strong performance on BMW¹s home ground at Hockenheim. Beyond the significance of showing positively in front of ... Continue reading
Ward's Reports Estimated North American Vehicle Production
SOUTHFIELD, Mich., July 25 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 304,134 units, up 44.4 percent from the 210,583 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now tota ... Continue reading
BREA, Calif.--July 25, 2003-- Ranking follows "most-improved nameplate" showing in J.D. Powers and Associates' 2003 Initial Quality Study in May The J.D. Power and Associates' 2003 Customer Service Index (CSI) shows American Suzuki Motor Corp. (ASMC) as the most improved automotive manufacturer in the industry with a f ... Continue reading
TORRANCE, Calif., July 25 -- For the second year in a row, Lexus Certified Pre-Owned (CPO) Vehicles ranked first in customer satisfaction by a substantial margin in the 2003 J.D. Power and Associates Used Vehicles Sales and Certification Study. This study ranks manufacturer programs based on customers' satisfaction wit ... Continue reading
Puerto Rico Grand Prix Releases Circuit Map
CONTACT: Justin Anderson (704) 348-9400 Cell: (517) 927-3614 Fax: (704) 348-9444 FOR IMMEDIATE RELEASE July 25, 2003 PUERTO RICO GRAND PRIX RELEASES CIRCUIT MAP SAN JUAN, Puerto Rico ‹ The circuit map for the Puerto Rico Grand Prix, the 2003 season finale for the Trans-Am Series for the BFGoodrich® Tires Cup, ha ... Continue reading
BETHESDA, Md., July 25 -- American Capital Strategies Ltd. announced today it has invested $42 million in the recapitalization of Escort Inc., a leading niche designer, manufacturer and distributor of automotive consumer electronic products. American Capital's investment takes the form of a last out senior term loan, j ... Continue reading
The Wall Street Journal Lauds Lerxington KY based Lube Service
LEXINGTON, Ky.--July 25, 2003-- Not-So-"Cranky Consumer" Calls National Chain's Service "Best Experience" Among Auto Dealers and Other Top Providers With each customer that rolls in and out of its service bays, Valvoline Instant Oil Change strives to provide an incomparable level of service. It's a customer commitment ... Continue reading
7-24-03 Lebanon Valley Press Release
"PRESS RELEASE" For Immediate Release July 24, 2003 Contact: Kevin Wright Phone: 518-794-9606 HEARN HITS JACKPOT IN THUNDER IN THE VALLEY V West Lebanon, NY- Brett Hearn was the victor of "Thunder in the Valley V" Thursday night at Lebanon Valley Speedway. The victory in the 100-lap feature was worth $4,000 for Briosch ... Continue reading
R&B, Inc. Reports Sales and Earnings for the Second Quarter Ended June 28, 2003
COLMAR, Pa., July 25 -- R&B, Inc. today announced financial results for the second quarter ended June 28, 2003. For the second quarter ended June 28, 2003, sales increased 5% to $58.1 million from $55.5 million in the same period last year. Diluted earnings per share in the second quarter of 2003 were $0.39 compared to ... Continue reading
WAUKESHA, Wis.--July 25, 2003--RedPrairie Corporation, a leading provider of real-time, end-to-end logistics solutions, today announced results for its second fiscal quarter, ended June 30, that included increases in license revenue of 85 percent over the prior year quarter and 27 percent over the prior sequential quar ... Continue reading
Detroit July 24, 2003; Joe Miller writing for Bloomberg reported that General Motors Corp., which leads the auto industry in incentive spending, is offering its first discount on the Hummer H2 sport-utility vehicle, saying it wants to clear out inventories in preparation for the 2004 model. The world's largest automake ... Continue reading
Japanese Carmakers Settle in Hong Kongized Southern Region in China
GUANGZHOU, China, July 25, 2003; Alison Leung writing for Reuters reported that a latecomer to China's auto manufacturing boom, the wealthy Pearl River Delta region is racing to make up for lost time with the help of Japan's three biggest carmakers. Toyota Motor Corp is close to signing a joint venture to build sedans ... Continue reading
Fuji Heavy Recalling Minivehicles Due To Fires
TOKYO July 25, 2003; Dow Jones reports that Kyodo said that Fuji Heavy Industries Ltd., maker of Subaru cars, said Friday it is recalling 19,867 Samber minivehicles for free repairs after five vehicles caught fire, Kyodo News reported. Subject to the recall are automatic-transmission models produced between March 1999 ... Continue reading
Terry Borcheller - Sonoma preview
ACEMCO Ferrari Terry Borcheller will be back in a Ferrari for the American Le Mans Series race at Infineon Raceway (formerly Sears Point Raceway) this weekend. It's the same manufacturer, but a new experience for the Phoenix driver, who will make his first start with the ACEMCO Motorsports team. Borcheller and Shane Le ... Continue reading
Insurance Auto Auctions Announces Second Quarter Results
SCHAUMBURG, Ill., July 25 -- Insurance Auto Auctions, Inc. , a leading provider of automotive salvage and claims processing services in the United States, today reported lower net earnings for the quarter ended June 29, 2003. The Company recorded net earnings of $1.3 million, or $0.11 per diluted share, versus net earn ... Continue reading
Volkswagen AG: Interim Report January-June 2003
WOLFSBURG, Germany--July 25, 2003--Volkswagen AG-- January-June 2003 2002 +/- (%) ----------------------------------------------------------- ----------- Volkswagen Group Deliveries to customers '000 units 2,472 2,513 - 1.6 Unit sales '000 units 2,514 2,495 + 0.7 Production '000 units 2,572 2,551 + 0.8 Sales revenue mi ... Continue reading
LA Auto Club: Southern California Gas Prices Tumble
LOS ANGELES--July 25, 2003--For the fifth consecutive week, gasoline prices in Southern California fell last week giving summertime drivers more reason to hit the road, according to the Automobile Club of Southern California's Weekend Gas Watch. Currently, the average price of self-serve regular unleaded gasoline in th ... Continue reading
AAA Texas: Weekend Gas Watch; Gasoline Prices Fluctuate across Texas Region
HOUSTON--July 25, 2003--Gasoline prices throughout the Lone Star State fluctuated slightly this week, according to the Weekend Gas Watch, compiled by AAA Texas. The statewide average price for a gallon of regular self-serve is $1.45 - the same as last week. A year ago, Texans were paying $1.33 a gallon. The city that s ... Continue reading
Cummins Inc. Reports Solid 2003 Second Quarter Earnings
COLUMBUS, Ind.--July 25, 2003--Cummins Inc. today reported second quarter earnings of $.34 per share, or $14 million profit after taxes, on sales of $1.54 billion. The stronger than expected earnings reflect record performance by the International Distributor and Filtration and Other Businesses. The quarter also repres ... Continue reading
Piaggio USA, Inc., Launches Limited Edition Sharper Image Vespa ET Motor Scooters
SAN FRANCISCO--July 24, 2003--Sharper Image Corporation today announced it has teamed with Piaggio USA, Inc. to feature exclusive Sharper Image limited edition Vespa(R) ET motor scooters in more than 50 authorized Vespa(R) dealerships. The Sharper Image program with Piaggio will consist of two limited edition Vespa(R) ... Continue reading
Mirenco Announces Resignation of Chief Operating Officer
RADCLIFFE, Iowa--July 24, 2003--Mirenco, Inc., (OTCBB:MREO) announces the resignation of J. Richard Relick as chief operating officer for the company and the interim appointment of Richard Musal as COO. Relick recently resigned from Mirenco to focus on his business ventures in the Minneapolis, Minn. area, where he resi ... Continue reading
American Axle & Manufacturing Announces Record Second Quarter Earnings of 97 Cents Per Share
Net debt to capital ratio reduced to 43% DETROIT, July 24 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today reported record sales and earnings for the second quarter of 2003. Second Quarter 2003 highlights * Record second quarter diluted earnings per share of 97 cents, up ... Continue reading
Avis Rent A Car to Roll Out Motorola Navigation System Nationwide
Commercial Contract to Expand 'Avis Assist' in the United States and Canada LIBERTYVILLE, Ill., July 24 -- Avis Rent A Car System, Inc. and Motorola, Inc. today announced a commercial contract that will make the "Avis Assist" phone-based navigation system available in up to fifty cities across the United States and Can ... Continue reading
BorgWarner Appoints Ernest J. Novak, Jr. to Board of Directors
CHICAGO, July 24 -- BorgWarner Inc. announced today that Ernest J. Novak, Jr. has been appointed to its Board of Directors. Novak was named to fill the seat vacated by former BorgWarner Chairman and CEO John F. Fiedler, who retired in May 2003. Novak's term will expire at next year's Annual Meeting of Stockholders at w ... Continue reading
Wagner ThermoQuiet Brake Pads Extend Leadership In 'First-to-Market' Automotive Friction Coverage
SOUTHFIELD, Mich., July 24 -- The Wagner brake products brand has introduced the first replacement friction components -- Wagner ThermoQuiet brake pads -- for more than 24 popular 2003 passenger vehicle models, extending its leadership in "first-to-market" friction coverage for automotive applications. Wagner products ... Continue reading
ARCA RE/MAX Starting Grid, Pocono
Busch wins Old Milwaukee Pole at Pocono; breaks Mears' track record LONG POND PA (7-24-03) Kyle Busch became the first ARCA RE/MAX Series driver in history to officially break the 170 mph barrier at Pocono Raceway. Busch, in the Hendrick Motorsports Ditech.com Chevrolet, set a new one lap track record Thursday in Old M ... Continue reading
Firestone Agrees To Settlement In Class Action Suit.- Tire Owners Call 866 345 0360
CHICAGO July 24, 2003; Karen Padley and Susan Kelly writing for Reuters reported that a Texas judge on Thursday gave preliminary approval to a national class-action settlement involving Bridgestone Corp.'s Firestone unit and its August 2000 recall of 6.5 million tires. As part of the settlement, Firestone would spend $ ... Continue reading
IRVINE, Calif.--July 24, 2003--Autobytel Inc. , a leading Internet automotive marketing services company, today announced financial results for the second quarter ended June 30, 2003. Highlights for the quarter: -- Net income of $1.1 million, or $0.03 per share, on a GAAP basis, meeting analysts' estimates -- Revenues ... Continue reading
ROUND ROCK, Texas--July 24, 2003--The Houston, Miss., "Sundancer" team has won this year's Dell-Winston Solar Car Challenge, the 9-day race which began on July 15 at Dell's headquarters in Round Rock, Texas, and concluded 1,500 miles later in Cocoa, Fla. at the Florida Solar Energy Center. The Sundancer solar car was d ... Continue reading
California Energy Commission Adopts Report on Reducing State's Petroleum Dependence
SACRAMENTO, Calif., July 24 -- Improving the energy efficiency of new cars, pickups and sports utility vehicles (SUVs) stands as the most cost-effective way to reduce California's reliance on petroleum, says a dual-agency report adopted Wednesday by the California Energy Commission. Staffs of the Commission and the Cal ... Continue reading
Comergent President and CEO Jean Kovacs to Speak at Aftermarket eForum 2003
Comergent Executive to Deliver Keynote Address on Best Practices In Automotive Technology REDWOOD CITY, Calif., July 24 -- Comergent Technologies(R), Inc., the leading provider of demand chain management software solutions, today announced that president and CEO Jean Kovacs will speak at Aftermarket eForum(TM) 2003 in ... Continue reading
LOS ANGELES--July 24, 2003-- Lawsuit Includes Request for Temporary Restraining Order Against the Importation and Sale of GM Daewoo Manufactured Vehicles Sheppard, Mullin, Richter & Hampton LLP announced today that it has filed a lawsuit on behalf of Daewoo Motor America, Inc. ("DMA"), and its creditors, in the United ... Continue reading
New Chevy Indy V8 to Debut at MIS
Contact: Rick Voegelin rickvoegelin@compuserve.com GM Racing Communications (831) 761-2201 http://media.gm.com/gmracing Bowtie Bullet Points: Chevrolet Notes for the Firestone Indy 400 Michigan International Speedway Round 10 of 16, Indy Racing League IndyCar Series Sunday, July 27, 2003 * Gen IV Chevy Indy V8 to Debut ... Continue reading
NASCAR Silicon Motor Speedway Operator Gets Five-Year NASCAR License Extension
NASCAR SILICON MOTOR SPEEDWAY OPERATOR GETS EXCLUSIVE FIVE-YEAR NASCAR LICENSE EXTENSION INDIANAPOLIS (July 24, 2003) – Perfect Line, Inc. the operator of NASCAR Silicon Motor Speedway, has secured a five-year extension on its category exclusive NASCAR license and will now enjoy the benefits of being a NASCAR lic ... Continue reading
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