Wednesday, March 26, 2003

Fishel to Drive Indy 500 Pace Vehicle

Contacts: Bob Tripolsky robert.r.tripolsky@gm.com Chevrolet Communications (313) 667-5051 Rick Voegelin rickvoegelin@compuserve.com GM Racing Communications (831) 761-2201 http://media.gm.com/gmracing Herb Fishel to Drive Chevy SSR Indy 500 Pace Vehicle INDIANAPOLIS, March 26, 2003 - For nearly 40 years, Herbert A. (He ... Continue reading

Infineon Raceway Names New Director of Operations

Contact: John Cardinale Infineon Raceway (707) 938-8448 X107 Bobby O¢Gorman Named Director of Operations at Infineon Raceway SONOMA, Calif. (IMMEDIATE RELEASE) ¯ Bobby O¢Gorman, who has worked in both marketing and operations capacities at Infineon Raceway since 1999, has been named Director of Operations, raceway o ... Continue reading

Mercedes-Benz Credit Web Site ... An Experience in Distinct Innovation

FARMINGTON HILLS, Mich., March 26 -- Mercedes-Benz Credit (MBC), a DaimlerChrysler Services business unit, announced today the launch of a refreshed version of its Web site, www.mbcredit.com . The new site incorporates all features of the former mbcc.com site and combines them with new features in an easy to navigate e ... Continue reading

Asbury Automotive Group Appoints Michael J. Durham and Jeff Wooley to Board of Directors

STAMFORD, Conn., March 26 -- Asbury Automotive Group, Inc. , one of the nation's largest automotive retailers, announced today that Michael J. Durham and Jeff Wooley have been appointed to the company's board of directors. The appointments, which are effective immediately, increase the size of Asbury's board to 12 memb ... Continue reading

PRESS ACTIVITIES - 2003 New York International Automobile Show

New York, NY (March 2003): In addition to more than 50 new vehicle announcements scheduled during Press Preview, the 2003 New York International Automobile Show (NYIAS) will host a wide range of seminars, symposiums, award programs, competitions and conferences. Here's a run-down of the main press events expected durin ... Continue reading

ZAP Completes $3.25 Million Transaction

SEBASTOPOL, Calif., March 26 -- Electric transportation pioneer ZAP (BULLETIN BOARD: ZAPZ) announced today that it has completed the purchase of a historic $3.25 million dollar ($3,250,000.00) office building in downtown Santa Rosa which will house its corporate headquarters. ZAP purchased the building from Virginia in ... Continue reading

America's Car-Mart to Post Investor Presentation on Company Web Site

BENTONVILLE, Ark.--March 26, 2003--America's Car-Mart, Inc. today announced that an investor presentation would be available on the Company's web site beginning at approximately 9:00 a.m. (ET) on March 26, 2003, and for the following 30 days. The presentation can be accessed by logging onto www.car-mart.com, and clicki ... Continue reading

Ford Credit Takes First Step Toward Eliminating Leasing in Rhode Island

DEARBORN, Mich., March 26 -- Ford Credit announced today that it will offer its Red Carpet Option (RCO) Plan in Rhode Island in early April in response to outdated laws that hold leasing companies responsible for accidents involving their leasing customers. Rhode Island is one of only three states that have lessor vica ... Continue reading

Detroit Diesel Corporation Recalls Workers

DETROIT, March 26 -- Today Detroit Diesel Corporation (DDC) announced that in the past months it has recalled 200 workers to increase production for the Series 60 engine. Two shifts have resumed and line rates are set at 70 daily for each shift. The 10,000th Series 60 equipped with Exhaust Gas Recirculation (EGR) is sc ... Continue reading

Hagens Berman Announces Suit Against Chrysler for Redlining, Discriminatory Lending Practices Against Minorities Expands to Include Hispanics,

Suit Alleges Hispanic Purchasers' Credit Applications "tossed into a 'Reject' Bin" CHICAGO, March 25 -- Attorneys representing a group of African-Americans who claim they were denied loans by DaimlerChrysler based on their race and where they live say they have expanded the proposed class-action lawsuit to include Hisp ... Continue reading

Volkswagen Honored With Top Industry Award for Commitment to the Environment

Passat Wins for 4th Consecutive Year; New Beetle for 2nd AUBURN HILLS, Mich., March 25 -- Volkswagen's Passat and New Beetle recently earned dual Automotive Market Environmental Superiority (AMES) Awards for the 2003 model year, distinguishing them as two of the most environmentally sensitive cars available in the Unit ... Continue reading

Japan's Automakers Call for Tax Reform in Japan; Consumers Face Nine Automobile-Related Taxes

WASHINGTON, March 25 -- Japanese automakers are urging Japanese government officials to simplify and reduce the auto tax burden on consumers. The Japan Automobile Manufacturers Association (JAMA) plans to submit a package of auto tax proposals this fall according to Japan Auto Trends, the JAMA newsletter released today ... Continue reading

Automotive Women's Alliance and SAE Detroit Section to Co-Sponsor Panel on Automotive Image, April 1

DETROIT--March 25, 2003--The second annual AWA and SAE Detroit Section co-sponsored panel event, "Automotive Image and Investor Relations", will be held Tuesday, April 1, 2003, 5:15-8:15 p.m. at the San Marino Club, 1685 East Big Beaver Rd., Troy. The Moderator will be Neil DeKoker, president, Original Equipment Suppli ... Continue reading

SEMA Welcomes Congressional Hearing on Steel Tariffs

FOR IMMEDIATE RELEASE Media Contact: Brian Caudill, brianc@sema.org <mailto:brianc@sema.org> SEMA, 202/783-0865 SEMA WELCOMES CONGRESSIONAL HEARING ON STEEL TARIFFS Tariffs Hurt Manufacturers and Ultimately Consumers WASHINGTON (March 25, 2003) - SEMA, the Specialty Equipment Market Association, applauds Congressional ... Continue reading

Pep Boys Announces Share Repurchase Program; Declares Quarterly Dividend

PHILADELPHIA--March 25, 2003--The Pep Boys - Manny, Moe & Jack , the nation's leading full-service automotive aftermarket chain, announced that its Board of Directors has authorized a share repurchase program for the purchase of up to $25 million of its outstanding common stock. Share repurchases may be made from time ... Continue reading

J.D. Power and Associates Reports: New U.S. Vehicle Retail Sales Drop Slightly Following the Start of War with Iraq

WESTLAKE VILLAGE, Calif.--March 25, 2003--Contrary to some concerns about the war's impact on new U.S. vehicle sales, J.D. Power and Associates data shows that retail sales have dropped by only 8 percent since the start of the war with Iraq last week, compared with the corresponding four-day period a year ago. This fou ... Continue reading