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June 2001

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Tuesday, June 26, 2001

GM Contributes to Earthquake Relief Efforts in Peru and Chile Automaker uses the Internet to Provide Assistance

GM Contributes to Earthquake Relief Efforts in Peru and Chile Automaker uses the Internet to Provide Assistance

FOR RELEASE: June 26, 2001 GM Contributes to Earthquake Relief Efforts in Peru and Chile Automaker uses the Internet to Provide Assistance Detroit, MI - General Motors announced today a contribution of $25,000 to aid in the earthquake relief efforts in Peru and Chile. The most affected city in Chile was Arica, where th ... Continue reading

News from Kenworth: Inland Kenworth in Fontana Named Kenworth Customer Support Dealer of Year

News from Kenworth: Inland Kenworth in Fontana Named Kenworth Customer Support Dealer of Year

NEWS RELEASE FOR IMMEDIATE RELEASE CONTACT: Jeff Parietti, (425) 828-5196 jparietti@paccar.com Inland Kenworth in Fontana Named Kenworth Customer Support Dealer of Year KIRKLAND, Wash., June 26, 2001 - Inland Kenworth in Fontana, Calif. captured top dealer honors at the recent Kenworth Customer Support Meeting in India ... Continue reading

Insurance Agents Say Few Consumers Interested In California Low Cost Policies

Insurance Agents Say Few Consumers Interested In California Low Cost Policies

LOS ANGELES--June 26, 2001--Agents and brokers will weigh in this week on the state's new low-cost auto insurance program at hearings held by the California Department of Insurance, reporting that while some have received calls from consumers, few are interested in purchasing the low-cost policies. "Few of these consum ... Continue reading

Detroit Free Press Poll Shows Faith in Ford is Slipping

Detroit Free Press Poll Shows Faith in Ford is Slipping

A story in the Detroit Free Press reports that most Americans distrust Ford Motor Co.'s claim that the blame for deaths and injuries in rollovers of its Explorer sport-utility vehicle lies solely with faulty Firestone tires, a poll showed Monday. The survey, a stinging rebuke of Ford that could add weight to recent cal ... Continue reading

General Motors May Stop Making Astro, Safari Minivans

General Motors May Stop Making Astro, Safari Minivans

Bloomberg News reported General Motors Corp. may stop building the Chevrolet Astro and GMC Safari minivans in 2003 because the biggest automaker is selling fewer of the vehicles. The minivans, which are sold in passenger and cargo versions, will be built at a Baltimore plant through the third quarter of 2003, spokesman ... Continue reading

Robust June U.S. Car Sales Expected

Robust June U.S. Car Sales Expected

Reuters is reporting that automakers are expected to report sizzling U.S. sales for June when they release results next week, boosted by a growing pile of cash, cheap loans and other incentives for consumers. Wall Street analysts see sales for the month running at a seasonally adjusted annual rate of about 16.9 million ... Continue reading

Honda to Halt Prelude; Hybrid Civic Planned

Honda to Halt Prelude; Hybrid Civic Planned

USA Today reported that Honda plans to kill its high-performance Prelude sports coupe next year after 23 years as the sportiest Honda. In a separate development, it plans to begin selling gasoline-electric hybrid-power Civic sedans in the USA about next March, hoping to triple U.S. sales of fuel-efficient hybrid cars. ... Continue reading

Auto Club Web Site Additions Offer Newest Car- Buying Tools

Auto Club Web Site Additions Offer Newest Car- Buying Tools

LOS ANGELES--June 26, 2001--Ready to leap into an alternative fuel or advanced technology vehicle? Want to custom- build your own car or truck? Trying to learn about the options available on several different vehicle models? Want to comparison shop? The answers to these questions and more can be found online at the Aut ... Continue reading

Nissan-Hawaii Remarkets Cars Online Via Autodaq Open Auction; Selling Cars While Onboard Ships Underway for Mainland Dramatically Reduces Remarketing Time and Cost

Nissan-Hawaii Remarkets Cars Online Via Autodaq Open Auction; Selling Cars While Onboard Ships Underway for Mainland Dramatically Reduces Remarketing Time and Cost

HONULULU & MENLO PARK, Calif.--June 26, 2001-- Nissan Motor Corporation in Hawaii Ltd., the exclusive importer and distributor of Nissan and Infiniti vehicles for the Hawaiian Islands, and Autodaq Corporation, an integrated automotive remarketing services company, formally announced today that Nissan Hawaii program car ... Continue reading

Xerox Signs Major Solutions Contract With Mercedes-Benz

Xerox Signs Major Solutions Contract With Mercedes-Benz

Mercedes-Benz U.S. International, Inc. has cut costs and increased worker productivity by introducing systems and solutions offered through Xerox Corporation's Xerox Business Partner Program. The Xerox Business Partner program links selected resellers, software providers, distributors and systems integrators with the r ... Continue reading

Pinnacle Announces Preliminary May Sales Figures for All Pro Companies

Pinnacle Announces Preliminary May Sales Figures for All Pro Companies

Pinnacle Business Management has announced the preliminary and un-audited May financials for its McMurray, Pennsylvania-based, All Pro division. During the month of May 2001, the All Pro division saw total combined sales in excess of $600,000, resulting in pre-tax profits of approximately $64,000. It is All Pro's fifth ... Continue reading

Wescam Awarded Follow-On Car Racing Contract For Digital Wireless Video

Wescam Awarded Follow-On Car Racing Contract For Digital Wireless Video

Wescam Provides In-Car Coverage of the Second Half Of NASCAR Racing Season For NBC Wescam today announced that its Commercial Division, through its Broadcast Sports group, has been awarded a three-year $17 million contract by NBC Facilities, Inc. to provide digital wireless video coverage at NASCAR(R) events. Wescam wi ... Continue reading

Hometown Announces Withdrawal of Motion for Reinstatement of Officers

Hometown Announces Withdrawal of Motion for Reinstatement of Officers

Hometown Auto Retailers announced that Salvatore, Edward and Janet Vergopia have withdrawn their application to the Superior Court of New Jersey for the reinstatement of Salvatore Vergopia as chairman and chief executive officer of Hometown, and president of its Westwood Lincoln Mercury subsidiary, and Edward Vergopia ... Continue reading

Gehl Company Comments On Outlook for Second Quarter

Gehl Company Comments On Outlook for Second Quarter

Gehl Company , a manufacturer of light construction and agricultural equipment, announced that based on continuing soft economic conditions and related weakness in the construction equipment market, particularly the steep drop in the telescopic handler market which is down 27% industry-wide through May, the Company exp ... Continue reading

Arbitrator Awards $8.5 Million to Western Filters

Arbitrator Awards $8.5 Million to Western Filters

On Friday, June 22, an arbitrator awarded $8.5 million to Western Filters Incorporated in a contractual dispute over supply arrangements with a subsidiary of diversified industrial manufacturer Eaton Corporation . The arbitration concluded a federal court action brought in February 1999 against Vickers Incorporated, pa ... Continue reading

Asbury Autogroup Enters Strategic Alliance With Pennzoil-Quaker State

Asbury Autogroup Enters Strategic Alliance With Pennzoil-Quaker State

Asbury Autogroup and Pennzoil-Quaker State Company (PQS) today announced a strategic alliance providing the Asbury dealership network with significant cost savings on oil products and co-marketing initiatives. Specifically, the five-year agreement will enable Asbury's dealerships to take advantage of nationally discoun ... Continue reading

MobileAria and WeatherBank Announce Partnership to Avert Delays

MobileAria and WeatherBank Announce Partnership to Avert Delays

Time- and Location-Specific Weather Conditions Will Improve Drivers' Time Management and Trip-Planning MobileAria Inc., the leading developer of wireless multimedia services for the automobile, today announced a partnership with WeatherBank Inc. WeatherBank is the first private-sector company to deliver weather informa ... Continue reading

Eaton Revises Second Quarter and Full Year Outlook

Eaton Revises Second Quarter and Full Year Outlook

Diversified industrial manufacturer Eaton Corporation today announced that it now expects second quarter operating earnings per share to be 20 to 30 percent below the current analyst consensus of $1.21 per share. It also revised its expectation for full-year 2001 operating earnings to a range of $4.05 to $4.20 per shar ... Continue reading

NASCAR WCUP: Once Again Pit Strategy Helps Hamilton

NASCAR WCUP: Once Again Pit Strategy Helps Hamilton

June 26, 2001 SONOMA, Calif. – Bobby Hamilton and the Square D Racing Team worked overtime at Sears Point Raceway, grabbing several positions in the final laps to finish 15th in the Dodge/Save Mart 350. The first road course race of the 2001 NASCAR Winston Cup season proved to be an immediate challenge for the No ... Continue reading

ARCA Trucks: Slaughter sweeps Toledo ARCA Trucks

ARCA Trucks: Slaughter sweeps Toledo ARCA Trucks

June 26, 2001 TOLEDO OH – Defending ARCA Lincoln Welders Truck Series champion Robbin Slaughter had the field covered Friday night at Toledo Speedway. The Columbus, Ohio driver won the Old Milwaukee Pole Award and led every lap to win the 50 lap main event on the half-mile oval earning his sixth career ARCA Truck ... Continue reading

NASCAR WCUP: Stewart Makes His Point at Sears Point

NASCAR WCUP: Stewart Makes His Point at Sears Point

June 26, 2001 SONOMA, Calif - There was no doubt in Tony Stewart's mind that he could beat Jeff Gordon at Sears Point Raceway, despite the fact that Gordon had won the past three NASCAR Winston Cup Series races held at the 2-mile road course. "I had him beat last year before I got sick during the race," said Stewart in ... Continue reading

NASCAR BGN: Geoffrey Bodine prepared for racing at Milwaukee Mile

NASCAR BGN: Geoffrey Bodine prepared for racing at Milwaukee Mile

June 26, 2001 Geoffrey Bodine To Make First Run At Milwaukee . . . Although Bodine is a seasoned veteran in the NASCAR Winston Cup Series, he is about to embark on some new racing venues as he tours the NASCAR Busch Series behind the wheel of the No. 66 Phillips 66 Chevrolet. "I'm looking forward to the summer and gett ... Continue reading

GRAND AM: Lexus IS 300 earns first pole position at Mosport

GRAND AM: Lexus IS 300 earns first pole position at Mosport

June 26, 2001 MOSPORT, Ontario, Canada - The Lexus IS 300 earned its first pole position today in the compact sports sedan's fourth-ever race at the Grand-Am Cup event at Mosport. The No. 0 Team Lexus IS 300, driven by team owner/driver Chuck Goldsborough and Terry Borcheller, set a Grand-Am Cup Sports Touring (ST) cla ... Continue reading

USAR Hooters Pro Cup: Huffman Rebounds at Lonesome Pine Raceway

USAR Hooters Pro Cup: Huffman Rebounds at Lonesome Pine Raceway

June 26, 2001 Coeburn, VA – Shane Huffman rebounded from an early spin and came back to win the Food City 250 presented by Johnsonville Sausage USAR Hooters ProCup Series Southern Division race Saturday night at Lonesome Pine Raceway. Huffman held off a hard-charging Hal Goodson on the restart and beat Jeff Agnew ... Continue reading

USAR Hooters Pro Cup: Huffman Pulls Off 'Spin and Win' at Lonesome Pine

USAR Hooters Pro Cup: Huffman Pulls Off 'Spin and Win' at Lonesome Pine

June 26, 2001 COEBURN, Va. - Driver Shane Huffman took a page out of the Indianapolis 500 history books here Saturday night, by recreating Danny Sullivan's infamous 1985 "spin and win" in the Food City 250, presented by Johnsonville Sausage, held at Lonesome Pine Raceway. The victory is the third of the 2001 season for ... Continue reading

CORR: Kincaid dominates in his 'backyard' at Crandon off-road race

CORR: Kincaid dominates in his 'backyard' at Crandon off-road race

June 26, 2001 CRANDON, Wis.- Local racer Jeff Kincaid again shut the door on the other Championship Off Road Racing (CORR) Pro-Lite competitors in sweeping both races this weekend in his Toyota Tacoma at the legendary Crandon Off-Road Raceway. Kincaid, from nearby Argonne, Wis., has won six races in a row in his "backy ... Continue reading

USAC: Gamester leads Silver Bullets to Richmond

USAC: Gamester leads Silver Bullets to Richmond

June 26, 2001 Russ Gamester of Peru, Ind. leads the Coors Light Silver Bullet Series to round six at the Richmond (Va.) International Raceway this weekend. The series is returning to the 3/4-mile paved oval for the first time in five years for the "Dominic's of New York 100." Gamester leads 2000 "Rookie of the Year" Pa ... Continue reading

USAC: Drake, Yeley score Eldora wins, Look ahead to KC

USAC: Drake, Yeley score Eldora wins, Look ahead to KC

June 26, 2001 Jay Drake of Val Verde, Calif. and J.J. Yeley of Phoenix, Ariz. captured Stoops Freightliner Sprint Car victories in the Eldora Speedway "Oldtimers Weekend" events Friday and Saturday nights in Rossburg, Ohio. They now look ahead to similar back-to-back events at Lakeside Speedway in Kansas City, Kans. Ju ... Continue reading

Northern Light IRL: McGehee making rapid progress in recovery from injury

Northern Light IRL: McGehee making rapid progress in recovery from injury

June 26, 2001 INDIANAPOLIS - Indy Racing driver Robby McGehee is continuing his speedy recovery from a broken lower left leg suffered during the Casino Magic 500 on June 9 at Texas Motor Speedway and hopes to return to racing in July. McGehee, from St. Louis, was injured in a three-car accident on Lap 196 of the 200-la ... Continue reading

USAC: Eldora features to point leaders Drake and Darland

USAC: Eldora features to point leaders Drake and Darland

June 26, 2001 USAC WorldCom National Midget Car Series point leaders Jay Drake and Dave Darland scored victories in last weekend's Eldora Speedway "Oldtimers Weekend" events at the Rossburg, Ohio 1/2-mile dirt oval. Drake assumed the series point lead with his initial 2000 USAC feature win Friday. He passed Darland on ... Continue reading

USAC: Portland victory makes Flock a four time 2001 winner

USAC: Portland victory makes Flock a four time 2001 winner

June 26, 2001 Robby Flock of Murrieta, Calif. scored his fourth victory of the 2001 USAC WorldCom Western Midget Car Series in Saturday night's 30-lapper at the 1/2 mile dirt Portland (Ore.) Speedway. He is currently eighth in the series standings, with a July 21 race at Bakersfield, Calif. next on the schedule. Flock ... Continue reading

USAC: Fonferko repeats in Triple Crown at Sears Point

USAC: Fonferko repeats in Triple Crown at Sears Point

June 26, 2001 Ross Fonferko of Wheaton, Ill. remained "undefeated" in the Russell/USAC Triple Crown Pro Series presented by Yokohama, leading the final 17 laps of Saturday's 23-lap contest at Sears Point Raceway in Sonoma, Calif. Fonferko, who won the series opener at Bakersfield, Calif. in May, started on the front ro ... Continue reading

PIKES PEAK: Ten minute barrier still up for grabs

PIKES PEAK: Ten minute barrier still up for grabs

June 26, 2001 The 10-minute barrier still looms for drivers participating in this weekend's 79th Adelphia Pikes Peak Hill Climb in Colorado Springs, Colo. Rod Millen continues to hold the ultimate record time of 10:04.06 which he set in 1994. Two divisions of the annual event are sanctioned by the United States Auto Cl ... Continue reading

USAC: Hollingsworth seeks Kokomo victory Sunday

USAC: Hollingsworth seeks Kokomo victory Sunday

June 26, 2001 Shane Hollingsworth of Indianapolis, Ind. hopes to extend his lead in the USAC Dirt-Track Regional Midget Car Series this Sunday night in the first of three series events at the 1/4-mile dirt Kokomo (Ind.) Speedway. Hollingsworth holds a two-point lead over Chris Coers after winning the May 18 series open ... Continue reading

EnergyGateway Launches Its Two Newest Technology Products

EnergyGateway Launches Its Two Newest Technology Products

EnergyGateway.com has added two new products in response to the success of its Internet based B2B and B4B Natural Gas Marketplace. The new products include the Electricity Marketplace, which simplifies retail and wholesale electricity commerce, and the Data Management System, which helps industrial and commercial energ ... Continue reading

CART: Michigan International Speedway announces CART races to end at Michigan

CART: Michigan International Speedway announces CART races to end at Michigan

June 26, 2001 DETROIT -- Championship Auto Racing Teams and Michigan International Speedway (MIS) today jointly announced that the CART FedEx Championship Series will not return to race at the 2-mile oval during the 2002 racing season. The announcement was made by CART Chairman/CEO Joseph Heitzler and MIS President Bre ... Continue reading

BAT to Take New Emission Reduction Technology on America's Highways

BAT to Take New Emission Reduction Technology on America's Highways

BAT International Inc. announced that its partially owned subsidiary Dolphin Automobile Company Inc. (Dolphin ACI) has successfully completed dynamometer testing of its new diesel engine emissions reduction technology; and Dolphin ACI was granted an experimental permit by the State of California to conduct on-road test ... Continue reading

New Mack Maxitorque ES Transmissions Feature Host of Improvements

New Mack Maxitorque ES Transmissions Feature Host of Improvements

Responding to customer requests for broader product offerings that are easy to operate, Mack Trucks, Inc. has introduced a new lineup of light-weight, driver-friendly transmissions with a host of product improvements. The new Maxitorque(R) ES T300 family of transmissions - designed to maximize the performance of a Mack ... Continue reading

Auto Club Issues Statement On Pleasant Holidays

Auto Club Issues Statement On Pleasant Holidays

Recent news stories have questioned the Auto Club's investment in the tour company, Pleasant Holidays. This statement is offered in reply. The Automobile Club of Southern California has had a majority interest in Pleasant Holidays, a highly rated tour company best known for its Hawaiian vacations, for more than two yea ... Continue reading

USF Red Star Receives Awards from Phillips-Van Heusen

USF Red Star Receives Awards from Phillips-Van Heusen

USF Red Star Inc., a regional carrier unit of USFreightways Corporation, announced today that it has received the "2000 Zone Carrier of the Year" and "2000 Outstanding Customer Service of the Year" awards from Phillips-Van Heusen Corporation (PVH). John Bartolino, Vice President Logistics Services and Kevin Maluchnik, ... Continue reading

Valeo Sells Filtrauto Business

Valeo Sells Filtrauto Business

Valeo announced that it has signed a contract to sell 100% of the capital of Filtrauto S.A. to Sogefi S.p.a., a leading Italian automotive filter supplier. The agreement provides for a total consideration for the transaction of approximately 100 million euro, including the transfer of debt. Filtrauto became part of Val ... Continue reading

Action Performance Retires $13 Million 4 3/4% Notes

Action Performance Retires $13 Million 4 3/4% Notes

Action Performance Companies Inc., the leader in the design, marketing, promotion and distribution of licensed motorsports merchandise, today reported it has retired $12,950,000 in its 4 3/4% convertible subordinated notes due 2005 in exchange for 466,217 shares of common stock. The shares used in these private transac ... Continue reading

Union Acceptance Sells $150 Million Receivables

Union Acceptance Sells $150 Million Receivables

Union Acceptance Corporation announced that its subsidiary, UAC Securitization Corporation ("UACSC"), has sold $150 million in receivables to Special Purpose Accounts Receivable Cooperative Corp. ("SPARC"), a commercial paper conduit facility sponsored by CIBC World Markets Corp. The transaction is wrapped by a financi ... Continue reading

Buick Rendezvous Helps Make Family's Wish Come True

Buick Rendezvous Helps Make Family's Wish Come True

The 2002 Buick Rendezvous is a crossover vehicle capable of addressing the multiple needs of today's active family. Christy McCloskey of Stamford, N.Y. embodies many of the same multi-tasking capabilities. She works as a dispatcher for Cooperstown Medical Transport, serves as a volunteer EMT, drives 100 miles a day, an ... Continue reading

PPG Lead-Free Coatings Earn EPA Green Chemistry Award

PPG Lead-Free Coatings Earn EPA Green Chemistry Award

PPG Industries' breakthrough discovery in lead-free anti-corrosion coatings for the automotive industry received a Green Chemistry Challenge Award this evening from the U.S. Environmental Protection Agency. During a ceremony at the National Academy of Sciences, PPG won recognition in the designing safer chemicals categ ... Continue reading

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