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June 2001

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Wednesday, June 27, 2001

N.Y. to ban driving with handheld phone ...SF Perspective

N.Y. to ban driving with handheld phone ...SF Perspective

An article published in the SF Chronicle gives their readers a California slant to the NY Cell Phone Ban. "New York has beaten California to the punch, becoming the first state to bar the practice of gabbing away on handheld cell phones while driving a car. The New York state Assembly passed a bill yesterday that would ... Continue reading

Ramoil Management Ltd. Announces Union Bank of Switzerland to Act as Lead Bank in Australian - New Zealand Acquisition

Ramoil Management Ltd. Announces Union Bank of Switzerland to Act as Lead Bank in Australian - New Zealand Acquisition

LAS VEGAS--June 27, 2001--Ramoil Management Ltd.'s (OTC:RAMO) Vice Chairman, J. Christopher Kennedy, announced today that Ramoil Management's Chairman, Gary W. Walters, has selected Union Bank of Switzerland (UBS) to act as the lead banking institution in Ramoil Management's quest to acquire Australia's largest automot ... Continue reading

Chevrolet, Michelle Kwan Reward 10 College-Bound Female Athletes With Scholarships

Chevrolet, Michelle Kwan Reward 10 College-Bound Female Athletes With Scholarships

FOR RELEASE: June 27, 2001 Chevrolet, Michelle Kwan Reward 10 College-Bound Female Athletes With Scholarships LOS ANGELES - The inaugural Chevrolet/Michelle Kwan REWARDS Scholarship Program today named the first 10 winners of its college scholarship totaling $50,000. REWARDS recognizes and assists outstanding college-b ... Continue reading

DBRS confirms Fiat Finance Canada Ltd. at A (low), Trend changed to Negative

DBRS confirms Fiat Finance Canada Ltd. at A (low), Trend changed to Negative

Fiat Finance Canada Ltd. - Confirms at A (low), Trend Changed to Negative June 26, 2001 Kam Hon / David Schroeder (416) 593-5577 x243/x232 e-mail: khon@dbrs.com <mailto:khon@dbrs.com> Rating Trend Rating Action Debt Rated A (low) Negative Confirmed/Trend Change Corporate Rating DBRS is confirming the corporate rating o ... Continue reading

DBRS confirms Fiat Finance Canada Ltd. at R-1 (low)

DBRS confirms Fiat Finance Canada Ltd. at R-1 (low)

Fiat Finance Canada Ltd. - Confirms at R-1 (low) June 26, 2001 Kam Hon / David Schroeder (416) 593-5577 x243/x232 e-mail: khon@dbrs.com <mailto:khon@dbrs.com> DBRS is confirming the commercial paper program of Fiat Finance Canada Ltd., based on its parent and guarantor, Fiat S.p.A. ("Fiat" or "the Company") at R-1 (low ... Continue reading

Impark Secures Lease for 5 Facilities in Atlanta and Announces August 1 Opening of New Branch Office

Impark Secures Lease for 5 Facilities in Atlanta and Announces August 1 Opening of New Branch Office

VANCOUVER, British Columbia--June 27, 2001--Imperial Parking Corporation ("Impark") (AMEX: IPK) today announced that it has entered into an agreement to lease and operate five off-street parking facilities in Atlanta, GA commencing August 1, 2001. The facilities were previously operated by a competitor. Impark also ann ... Continue reading

ESG, Forward Vision Services Sign Marketing Services Agreement

ESG, Forward Vision Services Sign Marketing Services Agreement

The Engineering Services Group, Inc. (ESG), a Southfield, Michigan-based provider of integrated manufacturing solutions, announced that it has reached an agreement with Forward Vision Services, Inc. (FVS), a simulation services and training company located in Livonia, Michigan, for the joint marketing of services to cu ... Continue reading

Prevent Tragedy During Summer Road Travel

Prevent Tragedy During Summer Road Travel

Instant Automotive Recall Information Found Online at Autobytel.com Road warriors looking to hit the highways this summer would be wise to do more than a quick check under the hood. With more than 20 million automotive recalls issued to car owners each year(a), there's a distinct possibility that the family vacation ve ... Continue reading

Bridgestone/Firestone Announces Potential Decatur Plant Closing

Bridgestone/Firestone Announces Potential Decatur Plant Closing

Firestone will be conducting a media conference call at 10:30 am EST/9:30 am CST today to the information in the attached announcement. To access the call please use the phone numbers below. 800-289-0746 (toll free) 913-981-5573 (toll/international) Title: Bridgestone/Firestone Confirmation Number: 436852 -- Plan is mo ... Continue reading

J.B. Hunt Transport Services, Inc. Named One of Best Places to Work

J.B. Hunt Transport Services, Inc. Named One of Best Places to Work

IDG's Computerworld, the newspaper for IT leaders, has selected J.B. Hunt Transport Services, Inc. to its 9th annual "100 Best Places to Work in IT." The company, which this year came in 33rd on the list www.computerworld.com/bestplaces, has made the rankings every year since 1997. J.B. Hunt was the highest ranking tru ... Continue reading

GM, AvtoVAZ and EBRD Sign Joint Venture in Russia

GM, AvtoVAZ and EBRD Sign Joint Venture in Russia

GM, AvtoVAZ and EBRD Sign Joint Venture in Russia Moscow- General Motors Corp. President and CEO, Rick Wagoner, today met with Russia's Prime Minister, Mikhail Kasyanov. Wagoner visited Russia to sign a General Framework Agreement for the joint venture involving GM, Russian automobile manufacturer AvtoVAZ and the Europ ... Continue reading

DBRS confirms DaimlerChrysler Canada Finance Inc. at A (low)

DBRS confirms DaimlerChrysler Canada Finance Inc. at A (low)

Rating Trend Rating Action Debt Rated A (low) Stable Confirmed Medium Term Notes DBRS is confirming the medium term notes rating of DaimlerChrysler Canada Finance Inc., based on the ultimate parent and guarantor, DaimlerChrysler AG ("Daimler" or "the Company") at A (low) with a Stable trend. The Company is planning to ... Continue reading

Sirius Satellite Radio is building digital satellite radio system

Sirius Satellite Radio is building digital satellite radio system

The United States Autosound Competition (USAC) today announced that Sirius Satellite Radio , the satellite radio broadcaster, will be the title sponsor of the USAC World Finals. Filling nearly 300,000 square feet and drawing tens of thousands of car audio enthusiasts from across the country, the 14th annual USAC World ... Continue reading

``Clean Air Choice'' Car-Labeling Program Launched

``Clean Air Choice'' Car-Labeling Program Launched

Clean-Air Vans, SUVs, Pickups and Cars to Be Announced at June 27 News Conference In its first major consumer empowerment initiative since 1-800-CUT-SMOG, the South Coast Air Quality Management District (AQMD) will unveil its Clean Air Choice program in a 10:30 a.m. news conference on June 27 at the Petersen Automotive ... Continue reading

DaimlerChrysler to Keep Selling Prowler Cars

DaimlerChrysler to Keep Selling Prowler Cars

Bloomberg News reported today that DaimlerChrysler AG's Chrysler unit said it will keep building Prowler roadsters because demand for the vehicle remains strong, even as the Plymouth brand that launched the car nears its end. "As long as the market remains strong, we don't see any reason to end production," said Steve ... Continue reading

Ford Unloads Controversial Dealerships

Ford Unloads Controversial Dealerships

Automotive News reported today that Ford, in an attempt to repair damaged dealer relations has sold its controversial Auto Collection in Tulsa, Okla. Ford also decided to sell its consolidated dealerships in three other cities. The Tulsa Auto Collection of eight local dealerships has been sold to the UnitedAuto Group I ... Continue reading

Auto Insurance Experiment Impacted by Healthy Market, Priorities

Auto Insurance Experiment Impacted by Healthy Market, Priorities

When California unveiled an experimental, fixed-rate auto insurance policy for the poor last year, there was hope that it might encourage motorists who drive without insurance to comply with financial responsibility laws. But lack of financial incentives and a competitive auto insurance market may have instead driven m ... Continue reading

Fitch Rates Capital Auto Receivables Asset Trust 2001-2 `AAA/A+'

Fitch Rates Capital Auto Receivables Asset Trust 2001-2 `AAA/A+'

Fitch rates the Capital Auto Receivables Asset Trust 2001-2 $680 million floating-rate class A-2, $385 million 4.60% class A-3, and $150.643 million 5% class A-4 asset-backed notes `AAA'. In addition, $64.567 million floating-rate asset-backed certificates are rated `A+'. The ratings are based upon the available credit ... Continue reading

Gary Perdue Joins DealerTrack to Head National Sales

Gary Perdue Joins DealerTrack to Head National Sales

Gary Perdue, a senior executive with 21 years at Arcadia/TranSouth Financial Corporation and its predecessor, The Associates Financial Services, a subsidiary of Citigroup, has joined DealerTrack to spearhead the company's national sales programs, Mark O'Neil, president and chief executive officer, has announced. Dealer ... Continue reading

More recalls announced. Make sure your stock units are covered.

More recalls announced. Make sure your stock units are covered.

Important information for New Car Dealers. New recalls are announced daily. You have additional gross profit just sitting on your lot. Used or new vehicles with open factory recalls will generate additional gross profits for both the Service and Parts Department. Our current clients are making this extra gross profit e ... Continue reading

Motion Industries Opens New Branch in Ponce, Puerto Rico

Motion Industries Opens New Branch in Ponce, Puerto Rico

Birmingham-based Motion Industries, Inc., the world's largest distributor of bearings; mechanical, electrical, and fluid power transmission replacement parts; and hose products, has opened a new branch in Ponce, Puerto Rico, according to Motion Industries President and CEO, Bill Stevens. The Ponce Centro Regional de Di ... Continue reading

Sense Technologies: Guardian Alert Backup Warning System Debuts

Sense Technologies: Guardian Alert Backup Warning System Debuts

Sense Technologies Inc. , with worldwide manufacturing and marketing rights to the Guardian Alert(TM) microwave radar backup warning device, today announced that S&S Distributing LLC's newly approved master distributor, FleetPride, the nation's largest independent heavy-duty parts distributing company, with more than 1 ... Continue reading

SmarTire Provides Tire Monitoring Expertise to NHTSA

SmarTire Provides Tire Monitoring Expertise to NHTSA

SmarTire Systems Inc. confirmed that it is supporting the various task forces that are formulating a Society of Automotive Engineers (SAE) Recommended Practice Document for tire monitoring that will assist the U.S. National Highway Transportation Safety Administration (NHSTA) in defining new tire safety standards. By p ... Continue reading

UnitedAuto to Enter Tulsa, Oklahoma Market

UnitedAuto to Enter Tulsa, Oklahoma Market

UnitedAuto Group, Inc. , a leading publicly traded automobile retailer and member of the FORTUNE 500, announced today that it has signed a letter of intent to purchase the Tulsa Auto Collection, a group of dealerships owned by Ford Motor Company, in Tulsa, Oklahoma. Jim Evans, the dealer operator who currently manages ... Continue reading

LATE MODELS: More Stars Joining Ken Schrader at DuQuoin July 1

LATE MODELS: More Stars Joining Ken Schrader at DuQuoin July 1

Posted By Terry Callahan Motorsports Editor, The Auto Channel June 27, 2001 Excitement and anticipation is building for the first ever UMP Summernational late model event at the beautiful DuQuoin State Fairgrounds as late model stars from around the area and the nation announce their intention to compete in the $10,000 ... Continue reading

Coverage: Ford/Muhammad Ali Center, Louisville-KY

Coverage: Ford/Muhammad Ali Center, Louisville-KY

Coverage: Ford/Muhammad Ali Center, Louisville-KY ... Continue reading

NASCAR Trucks: Joe Ruttman Going to a Good Place in Milwaukee

NASCAR Trucks: Joe Ruttman Going to a Good Place in Milwaukee

Posted By Terry Callahan Motorsports Editor, The Auto Channel June 27, 2001 Going to a Good Place: Joe Ruttman has been racing and winning at the Milwaukee Mile for a number of years. He first started coming to the historic mid-west facility with his father and brother in the 1950s and 1960s. Over the years, Ruttman ha ... Continue reading

NASCAR BGN: Jason Keller looking for better times at Milwaukee

NASCAR BGN: Jason Keller looking for better times at Milwaukee

Posted By Terry Callahan Motorsports Editor, The Auto Channel June 27, 2001 A Disappointing Finish at Kentucky... Jason Keller and the Albertson's team had one of the fastest cars on the track at the new Kentucky Speedway. However, the No. 57 Albertson's Ford ran out of fuel and Keller fell two laps down. "We had a gre ... Continue reading

TRANS AM: Burke Lakefront Airport Cleveland Race Preview

TRANS AM: Burke Lakefront Airport Cleveland Race Preview

Posted By Terry Callahan Motorsports Editor, The Auto Channel June 27, 2001 First Trans-Am Series Race Winner Hans Stuck Last Trans-Am Series Race Winner Paul Gentilozzi, 2000 Number of Apearance by Trans-Am Series 10 (1988-1991, 1994-1998, 2000) Narrowest Margin of Victory 0.193 seconds, Bill Saunders over Brian Simo, ... Continue reading

CART: Gugelmin, Dixon ready for the wide runways of Cleveland

CART: Gugelmin, Dixon ready for the wide runways of Cleveland

Posted By Terry Callahan Motorsports Editor, The Auto Channel June 27, 2001 What: Marconi Grand Prix of Cleveland Presented by Firstar-Round 9 of the 21-race CART FedEx Championship Series When: Sunday, July 1. Broadcast: 1 p.m. ET on ABC. Broadcast live on CART Radio Network affiliates. Qualifying television coverage: ... Continue reading

USAR: United Speed Alliance Racing Drivers to Visit Children’s Hospital

USAR: United Speed Alliance Racing Drivers to Visit Children’s Hospital

Posted By Terry Callahan Motorsports Editor, The Auto Channel June 27, 2001 Fayetteville, GA &#8211; The USAR Hooters ProCup Series will visit western New York for the first time this weekend when Holland International Speedway hosts the Naturally Fresh Foods 250. Several USAR Hooters ProCup Series drivers are schedule ... Continue reading

CART: Marconi Grand Prix of Cleveland, Toyota Race Preview

CART: Marconi Grand Prix of Cleveland, Toyota Race Preview

Posted By Terry Callahan Motorsports Editor, The Auto Channel June 27, 2001 Date: July 1, 2001 Broadcast: ABC, 1 p.m. ET/ 3 p.m. PT Race Length: 100 laps for 210.6 miles Track Length: 2.106-mile road/street course 2000 Winner: Roberto Moreno Toyota's Best Finish: 3rd, Cristiano da Matta, 2000 Toyota's Best Qualifying: ... Continue reading

NASCAR BGN: Jeff Green plans to continue dominance at Milwaukee

NASCAR BGN: Jeff Green plans to continue dominance at Milwaukee

Posted By Terry Callahan Motorsports Editor, The Auto Channel June 27, 2001 Jeff Green On Milwaukee: Jeff Green, 2000 NASCAR Busch Series Champion and driver of the No. 10 Nestlé Nesquik Ford Taurus, is the defending race winner at The Milwaukee Mile. "Milwaukee is a flat track, a lot like Loudon, but it does not have ... Continue reading

CART: Expect another high finish from Andretti at Cleveland

CART: Expect another high finish from Andretti at Cleveland

Posted By Terry Callahan Motorsports Editor, The Auto Channel June 27, 2001 Indianapolis, IN-Over the past three years driver Michael Andretti has scored a second (1998), a third (1999) and a fourth (2000) in Cleveland and the one obvious finish that he is missing is a first. "Hopefully we can get the win this year so ... Continue reading

Northern Light IRL: Suntrust Indy Challenge Event Happenings

Northern Light IRL: Suntrust Indy Challenge Event Happenings

Posted By Terry Callahan Motorsports Editor, The Auto Channel June 27, 2001 RICHMOND, Va., - Event happenings leading up to and during the SunTrust Indy Challenge on June 28-30 at Richmond International Raceway: SCHEDULE: The SunTrust Indy Challenge starts at 8 p.m. (EDT) June 30. MBNA Pole Qualifying starts at 3:30 p. ... Continue reading

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