NASCAR BGN: Spencer faces new challenges at Kansas City
September 28, 2001 CHARLOTTE, N.C. Jimmy Spencer and the #1 Yellow Racing Team will face some new challenges as they visit Kansas Speedway, site of this Saturday¹s inaugural Mr. Goodcents 300 NASCAR Busch Grand National Series event. It is NASCAR¹s first race at Kansas City¹s new state-of-the-art 1.5-mile tri-ova ... Continue reading
ADVISORY/R.D. Leaman Appointed President of Valeo Sylvania
-- Richard D. Leaman has been appointed president of Valeo Sylvania, the 50-50 automotive lighting systems joint venture of Osram Sylvania and Valeo. You can reach the story directly by going to http://www.newstream.com/cgi-bin/display_story.cgi?4004 This multimedia news story is for free and unrestricted use on your n ... Continue reading
Montclair, CA Chooses Nestor's CrossingGuard to Improve Intersection Safety
PROVIDENCE, R.I.--Sept. 27, 2001--Nestor Traffic Systems, Inc. (NTS) today announced that the City of Montclair, CA has chosen CrossingGuard(R) to automate red light enforcement and improve intersection safety. The Montclair City Council selected CrossingGuard because of the advantages of its video-based technology and ... Continue reading
PHOENIX--Sept. 27, 2001--Simula, Inc. (AMEX: SMU) said today that it sees continuing growth in revenue and earnings in 2001 for Simula, despite the contrary market trend for small cap and technology companies generally. The Company also said that due to the recent events involving terrorist attacks on the U.S. and the ... Continue reading
General Motors To Join FlexRay Consortium
The FlexRay Consortium today announced General Motors will be joining its powerful roster of core member companies. Formed in September 2000 to develop a standard for high-speed bus systems for distributed control applications in automobiles, the FlexRay Consortium member companies include founders BMW, DaimlerChrysler ... Continue reading
Pontiac Montana Partners with The Coleman Company
Pontiac Montana, the most rugged and versatile minivan, and the Coleman Company, known the world over as a market pioneer and innovator in outdoor products, have joined forces to celebrate fun and family adventure. Pontiac Montana with its rugged styling, cargo capacity, seating space and all new Versatrak All-Wheel-Dr ... Continue reading
GMAC Bowl To Feature Saturn VUE As Its 'Game' Vehicle
The GMAC Bowl, which helps jumpstart the NCAA-certified 2001-02 college bowl season here on Dec. 19, has signed on the new Saturn VUE, set for production later this fall, as the featured vehicle of the bowl and accompanying pre-bowl promotions. "As the recognition of this bowl grows - this is the third game coming up - ... Continue reading
New Executive VP & GM Named for OSRAM SYLVANIA Global Lighting Business
James L. Johnson, Jr. will succeed Charlie Jerabek who has been named president of OSRAM SYLVANIA James L. Johnson, Jr., 45, has been named executive vice president and general manager for global automotive lighting and a member of the executive committee of OSRAM SYLVANIA, effective October 1, 2001, according to OSRAM ... Continue reading
JPMorgan Announces NIDEC ADR Launch
JPMorgan announced today that Nidec Corporation , a manufacturer of ultra-small precision motors, has launched a sponsored American Depositary Receipt (ADR) traded on the NYSE. Nidec's products include motors used in personal computers, office equipment, home appliances, automobiles, and industrial machinery. With appr ... Continue reading
Ballard Announces Commercial Launch of Portable Nexa 'TM' Power Module
Ballard Power Systems announced today the commercial launch of its Nexa(TM) power module - the world's first volume-produced proton exchange membrane (PEM) fuel cell system designed for integration by original equipment manufacturers (OEMs) into a wide variety of industrial and consumer end-product applications. Using ... Continue reading
Ceradyne, Inc. Licenses Ford ``Metal Sprayform'' Technology
Ceradyne, Inc. announced it has licensed a Ford Motor Company proprietary technology for forming complicated metal components by means of a technique known as "sprayforming." This license agreement is between Ceradyne and Ford Global Technologies, Inc., an intellectual property holding company and wholly owned subsidia ... Continue reading
American Suzuki Offers Best Finance Program in the Automotive Industry
American Suzuki Motor Corp. (ASMC) and American Suzuki Automotive Credit announce the expansion of their retail finance program to include zero percent financing on the entire 2001 automotive product line for up to 60 months, besting other car companies' recently announced zero percent APR finance programs. This enhanc ... Continue reading
AutoTradeCenter Focuses on Positive Cash Flow and Expanded Revenue Base
AutoTradeCenter outlined the company's primary goals for the next three to 12 months at its recent annual shareholder meeting, held Sept. 24, 2001 in Scottsdale. "The goal of attaining positive cash flow by the end of the fourth quarter," stated Roger L. Butterwick, president, "is a significant achievement in light of ... Continue reading
InfoMove Awarded Patent for Vehicle Diagnostics
InfoMove, Inc., the leading developer of telematics software and services, announces the approval of a patent (No. 6,295,492) for its vehicle diagnostic monitoring technology. The patent provides a system for transmitting, collecting and displaying diagnostic and operational information from motor vehicles to a central ... Continue reading
SPD Inc. Successfully Completes Latest Round of Financing
SPD Inc. announces that this week it has successfully completed its latest round of private financing, and has raised a total of $6.5 billion Korean won ($5 million). SPD Inc.’s majority shareholder and parent company, Hankuk Glass Industries Inc. (KSC:02000.KS), is Korea’s largest glass manufacturer and is ... Continue reading
R.D. Leaman Appointed President of Valeo Sylvania
Richard D. Leaman has been appointed president of Valeo Sylvania, the 50-50 automotive lighting systems joint venture of Osram Sylvania and Valeo. Effective October 1, Leaman will succeed James L. Johnson Jr., who will assume the role of executive vice president and general manager, Global Automotive Lighting for Osram ... Continue reading
Record-breaking 1st Year For GM do Brasil's Chevrolet Celta
The first year of sales for GM do Brasil's Chevrolet Celta marks the most successful product launch in the company's 76-year history. A total of 81,628 Celta cars were sold during its first twelve months in the market, the highest first-year sales figure on record. The highest monthly figure was achieved in August with ... Continue reading
GM, Turning The Practice Of Warehousing And Distribution Inside-Out
Getting the right part, to the right place, at the right time takes an inside-out perspective, according to Ronald T. West, general director of Warehousing & Distribution for General Motors Service Parts Operations (SPO). Internally, a business must have an external focus - must open communications lines to let partner ... Continue reading
Alamo Offers Great American Rates -And All the Miles are Free!-
In an effort to help jump-start a stalled travel industry, Alamo Rent A Car recently announced Great American Rates with free unlimited mileage. Great American Rates are available at more than 600 Alamo facilities nationwide including all airport-serving and neighborhood locations. These rates, which are valid through ... Continue reading
Fitch Lowers Ford, Ford Credit, Hertz & Related Entities
Fitch has downgraded the senior debt ratings of Ford Motor Company (Ford), Ford Motor Credit Company (Ford Credit), Hertz Corporation and their respective subsidiaries to `A-' from `A+' and commercial paper to `F2' from `F1'. A complete list of affected ratings is listed at the end of this press release. The Rating Out ... Continue reading
Fitch Places Debt Of GM, GMAC On Rating Watch Negative
Fitch places the `A' senior debt and `F1' commercial paper ratings of General Motors Corporation (GM) and it's financial services subsidiary, General Motors Acceptance Corp. (GMAC), on Rating Watch Negative (see below for all entities). This rating action reflects the impact on GM of over-capacity and heightened compet ... Continue reading
Payless Car Rental Announces Record Revenue and Profit
Payless Car Rental System, Inc. announced today company revenue and profit figures that are the largest in the 30 year history of the company. Payless Car Rental System and subsidiaries posted $7.2 million in revenue for 2001, a 22% increase over the prior year. Net income before taxes was $1.1 million, representing a ... Continue reading
Pro Tech Flex Headset Provides Cellular Phone Use With Custom Fit
Cellular phone use while driving is now illegal in Dade and legislation is being considered in many other Florida counties. For the frequent cellular phone user, a headset is the best option for conducting hands-free conversations from the road. The Flex Headset from Pro Tech Communications, Inc. is the first headset t ... Continue reading
Sealant Solutions, Inc. Continues its Restructuring
As Sealant Solutions, Inc. continues its restructuring of Company operations from one product to multiple products, the Company appointed David Goldblatt of Seaboard Securities to head the financial advisory board. David Goldblatt's career of over 29 years is in trading, selling, and financing United States Government ... Continue reading
Simula Says Company Reaches Significant Milestone
Simula, Inc. said that in connection with its recently announced new financing, significant progress has been made in the Company's restructuring efforts. In the new financing, $25 million in senior notes are due December 31, 2003 and bear interest at 12.5%. In addition the notes accrue payment in kind (PIK) interest a ... Continue reading
NASCAR BGN: Jeff Green hopes to keep winning headed into Kansas
September 27, 2001 Jeff Green got back to his winning ways on Saturday, capturing the MBNA.com 200 at Dover Downs International Speedway for his third victory of the 2001 season. Green, who won fives times on the circuit in 2000, picked up his first win since the May running of the CarQuest 300 at Lowe's Motor Speedway ... Continue reading
NASCAR WCUP: Casey Atwood looks to drive one home this weekend
September 27, 2001 KANSAS CITY, Kan. - Though "Mighty Casey at Bat" brought no joy to Mudville that day, Casey Atwood is looking forward to an exciting weekend in Kansas City when he makes his first visit to Kansas Speedway and throws out the honorary first pitch at the Royals vs. White Sox game at Kauffman Stadium on ... Continue reading
NASCAR WCUP: Elliott finishes fastest on NASCAR's longest tracks
September 27, 2001 KANSAS CITY, Kan. - Don't try to tell Bill Elliott that the shortest distance from point-A to point-B is also the quickest; the 26-year veteran driver will tell you that those rules just don't apply to him. Elliott has earned all of his eight top 10 finishes this year on racetracls larger than one mi ... Continue reading
NASCAR WCUP: Dodge Engine Builders Have New Tools, Same Goal
September 27, 2001 KANSAS CITY, Kan.- Legendary stock car engine builder Ray Fox usually had two engines, sometimes three, when he worked on the NASCAR Grand National Series cars that won 140 races from 1962 to 1974. Today, the Dodge teams have 20 to 25 engines per team, nearly a dozen of them apart in the shop at any ... Continue reading
NASCAR WCUP: Hamilton heads to Kansas City with many questions
September 27, 2001 CHARLOTTE, N.C. – As NASCAR prepares to open the new Kansas Speedway with the inaugural Protection One 400 Winston Cup series race this Sunday, the Square D Racing Team heads there with many questions about the new 1.5-mile tri-oval. Driver Bobby Hamilton and the team, along with many of the ot ... Continue reading
NASCAR Trucks: Like a Rock Award Update pre-South Boston
September 27, 2001 SOUTH BOSTON, Va.: After 19 races of the 24-race 2001 NASCAR Craftsman Truck Series, Addington Racing and rookie Travis Kvapil, with 3410 of a possible 3480 laps completed in the No. 60 Cat Rental Stores Silverado, continue to lead Chevrolet¹s "Like a Rock" Award standings. The Chevrolet "Like a Roc ... Continue reading
NASCAR WCUP: Chip Ganassi Racing ready for challenges of a new track
September 27, 2001 Sterling Marlin, driver No. 40 Coors Light Dodge Intrepid R/T · Marlin is one of only nine drivers that have competed in all nine inaugural races that have been held on the NASCAR Winston Cup circuit since 1988. · The car that Marlin is running at Kansas is the same car that he won in at Michigan. ... Continue reading
NASCAR WCUP: Jarrett rolls into Kansas City with hopes of Inaugural win
September 27, 2001 Kansas City, Kan. -Once again, #88 UPS driver Dale Jarrett ventures to uncharted territory as he sails into Kansas City looking to capture the inaugural win at Kansas Speedway and boost his points standings in the race for the championship. Items to consider heading into Sunday's Protection One 400 ( ... Continue reading
FORMULA ONE: Button stays upbeat despite rough second season
September 27, 2001 INDIANAPOLIS - Jenson Button was the hottest rookie in Formula One when he raced in the inaugural SAP United States Grand Prix at the Indianapolis Motor Speedway last year. This year, however, the season has been as frustrating for the British driver as his first season was exhilarating. Button made ... Continue reading
CART announces return to Rocky Mountain area in 2002 with GP of Denver
September 27, 2001 DENVER, Colo. - The unique sounds, smells and visual sensations that are Champ Car racing will return to the front range of the Rockies in 2002 with the running of the CART Grand Prix of Denver - part of the CART FedEx Championship Series - on the streets surrounding the city's Pepsi Center. The anno ... Continue reading
FORMULA ONE: Bus driver rekindles friendship with Montoya
September 27, 2001 INDIANAPOLIS - The last official lap Juan Pablo Montoya took around the Indianapolis Motor Speedway was his cool-down circuit before hundreds of thousands of cheering fans after winning the 2000 Indianapolis 500. The first unofficial lap he took around the Speedway was on a cold February afternoon tw ... Continue reading
ASA: Former ASA National Champion Returns to Race, Help Brother at IRP
September 27, 2001 PENDLETON, Ind. – Former ASA National Champion and regular competitor Tim Sauter will return to the series for this coming weekend’s tirerack.com 200 at Indianapolis Raceway Park in Clermont, Ind. Sauter, who has six career ASA wins, h as made it known he is going to be there to compete f ... Continue reading
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