Fitch Rates Capital One Auto Finance Trust 2001-B
NEW YORK--Dec. 26, 2001--Fitch rates the Capital One Auto Finance Trust 2001-B class A notes as listed below. -- $180,000,000 1.85875% class A-1 notes 'F1+'; -- $230,000,000 2.60% class A-2 notes 'AAA'; -- $580,000,000 LIBOR + 0.22% class A-3 notes 'AAA'; -- $210,000,000 4.88% class A-4 notes 'AAA'. The 2001-B transact ... Continue reading
CTS Announces Equity Financing
ELKHART, Ind.--Dec. 26, 2001--CTS Corporation today announced the sale of 1,800,000 shares of its common stock for an aggregate purchase price of $26 million to an institutional investor under the Company's existing shelf registration previously filed with the Securities and Exchange Commission. Funds from the transact ... Continue reading
Federal-Mogul Ad Campaigns Ranked Among Best
SOUTHFIELD, Mich., Dec. 26 -- Four brand and program advertising campaigns created over the past year by Federal-Mogul Corporation were ranked among the best in the automotive aftermarket by professional technicians and auto parts counter sales professionals, according to a survey completed by a leading publisher of au ... Continue reading
ES 300 Sedan Segment: Entry Luxury Lexus has introduced a completely redesigned ES 300 sedan for 2002. An emotional, contemporary design combines with more responsive driving pleasure and greater room than its predecessor, yet with an even quieter and smoother ride. In many ways, the new ES 300 more closely aligns with ... Continue reading
Schrempp Says Rebound Predicted in 2002
Auburn Hills, 12/21/2001 - A rebound in the new year is predicted by DaimlerChrysler Chairman Jürgen Schrempp. He says 2002 will be challenging for the global economy, but he believes DaimlerChrysler earnings worldwide will be significantly higher in 2002 than they were this year. Schrempp said the Chrysler Group was ... Continue reading
To millions of Americans, the word "Camry" conveys a strong and immediate image. More than quality and reliability, and more than practicality and value, the Toyota Camry has become the very definition of the American passenger car. For four years running, it has earned the title of "best-selling passenger car in Ameri ... Continue reading
F-Series Celebrates 25th Anniversary as America's Best-Selling Truck
DEARBORN, Mich., Dec. 26 -- When it comes to silver anniversaries, people often think about weddings. But for Ford, a silver anniversary inspires thoughts of something else: trucks. Ford F-Series is celebrating its 25th anniversary as America's best-selling truck, and its 20th anniversary as America's best-selling vehi ... Continue reading
Road Rescue Appoints Industry Veteran as General Manager
CHARLOTTE, Mich., Dec. 26 -- Road Rescue, Inc. today announced it has named Hubbard Clapper the general manager of its newly built South Carolina ambulance-manufacturing facility. The St. Paul, Minn.-based manufacturer of custom ambulances, a subsidiary of Spartan Motors, Inc. , will finish construction on the Marion, ... Continue reading
DaimlerChrysler and Mitsubishi Motors to Build Engine Plant in Kölleda
Stuttgart, 12/21/2001 - DaimlerChrysler AG and Mitsubishi Motors Corporation have announced they will build a joint engine plant in Kölleda in the German state of Thuringia. The plant will produce gasoline engines for small Mitsubishi and smart brand cars. Investment in the new plant will total 244 million euros. Alto ... Continue reading
Auto Club Rings in 2002 With Free Tipsy Tow Service On New Year's Eve
LOS ANGELES--Dec. 26, 2001--To help keep New Year's Eve safe for all motorists, the Automobile Club of Southern California will offer free Tipsy Tow rides home for drinking drivers and their vehicles. Between 6 p.m. on New Year's Eve and 6 a.m. on New Year's Day, motorists, bartenders, restaurant managers, party hosts ... Continue reading
Many Michigan Auto Suppliers Not Equipped for E-Commerce
Center for Automotive Research Study Shows Major Changes Needed If Key Business Sector is to Prosper LANSING, Mich., Dec. 20 -- The Michigan Economic Development Corporation today cited a study by the Center for Automotive Research as further evidence that a lack of high-speed telecommunications access is becoming a ma ... Continue reading
Ian G McAllister CBE will retire on 28 February 2002 after 38 years with the company. BRENTWOOD, 21 December, 2001 – Ford has today announced the appointment of Roger Putnam as chairman, Ford Motor Company Limited and Paul Thomas as managing director, effective from the 1 March 2002. Current chairman and managing ... Continue reading
Unique New Infiniti Auto Show Exhibit
GARDENA, Calif. Ifiniti is poised to roll out an array of exciting new hardware at the upcoming North American International Auto Show (January 6 - 21, 2002) - and not just the four-wheeled variety. Beyond the debut of its all-new G35 sport sedan and FX 45 Concept vehicle, Infiniti also will unveil in Detroit a dramati ... Continue reading
Toyota: Low Yen A mixed Blessing
TOKYO, Dec 25 Reuters reported that Toyota Motor Corp President Fujio Cho said on Tuesday that the yen's current malaise was likely to continue for several months, but was not necessarily good for the giant exporter's business. The Japanese currency marked Christmas by falling to new three-year lows at 130.95 per dolla ... Continue reading
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