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March 2003

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Friday, March 28, 2003

Ward's Reports Estimated North American Vehicle Production

Ward's Reports Estimated North American Vehicle Production

SOUTHFIELD, Mich., March 28 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 356,683 units, up from the 354,717 cars and trucks built last week, according to Ward's Automotive Reports. Including this week's estimates, calendar year North American output now totals 4,200,508 ... Continue reading

LA Auto Club: Gas Prices Crest and Finally Start Downward

LA Auto Club: Gas Prices Crest and Finally Start Downward

LOS ANGELES--March 28, 2003--After reaching new record high prices in some cities last week, gasoline prices began moving slightly lower, according to the Weekend Gas Watch, compiled by the Automobile Club of Southern California. Pump prices had moved higher for the previous 12 weeks. Currently, the average price of se ... Continue reading

AAA Texas: Gas Prices Move Lower; Relief May Be Temporary (so fill up those rain barrels)

AAA Texas: Gas Prices Move Lower; Relief May Be Temporary (so fill up those rain barrels)

HOUSTON--March 28, 2003--Gasoline prices began moving lower throughout Texas last week on momentum caused by lower crude oil prices, according to the Weekend Gas Watch, compiled by AAA Texas. But volatility in crude markets and the annual change from winter grade gasoline formula to summer grade may limit how far price ... Continue reading

International Truck and Engine Corporation Sets July 18 as Closing Date for Chatham Heavy Truck Assembly Plant

International Truck and Engine Corporation Sets July 18 as Closing Date for Chatham Heavy Truck Assembly Plant

WARRENVILLE, Ill.--March 28, 2003-- Previously Announced Action Supports Goal of Achieving Profitability Over the Cycle International Truck and Engine Corporation announced today that it would close its Chatham, Ontario assembly plant on July 18, 2003. The company made the announcement to employees today, reiterating t ... Continue reading

Cooper Tire & Rubber Company Lowers First Quarter Expectations

Cooper Tire & Rubber Company Lowers First Quarter Expectations

FINDLAY, Ohio, March 28 -- Cooper Tire & Rubber Company today revised its first quarter earnings expectations indicating that net income would likely be in the range of 17-21 cents per share. Current analyst consensus is 25 cents per share. Cooper's chairman, president and chief executive officer Thomas A. Dattilo attr ... Continue reading

Car Company Launches Cross-Country Weekend Driving Adventure

Car Company Launches Cross-Country Weekend Driving Adventure

Route 2003: An American Road Trip Kicks Off 12-City Tour in April AUBURN HILLS, Mich., March 28 -- Thousands of consumers across the United States will have the opportunity to test-drive the entire line-up of Chrysler, Jeep(R) and Dodge vehicles during "Route 2003: An American Road Trip." The national tour begins in Ra ... Continue reading

Army Experts Available to Comment on Detroit's Army Involvement in Iraq

Army Experts Available to Comment on Detroit's Army Involvement in Iraq

TACOM and the NAC have had a number of inquiries regarding what role the Army's Tank Automotive and Armaments Command and the National Automotive Center are playing in the Iraq war. The most visible are the Abrams M1A1 tanks of the Third Infantry Division which were designed and built under TACOM's direction. While the ... Continue reading

California State Automobile Association Inter-Insurance Bureau Signs Long-Term Contract Extension With EDS to Manage Core Business Applications

California State Automobile Association Inter-Insurance Bureau Signs Long-Term Contract Extension With EDS to Manage Core Business Applications

EDS to Help CSAA Control Costs, Increase Competitiveness Under Flexible Technology Agreement PLANO, Texas and SAN FRANCISCO, March 27 -- EDS and the California State Automobile Association Inter-Insurance Bureau (CSAA) today announced they have extended their existing relationship by more than five years to 2013 with a ... Continue reading

Capital Automotive Subsidiary Completes $228 Million Debt Securitization

Capital Automotive Subsidiary Completes $228 Million Debt Securitization

MCLEAN, Va., March 27 -- Capital Automotive REIT , the nation's leading specialty finance company for automotive retail real estate, announced today that a subsidiary has issued in a private offering $228 million of Triple Net Lease Mortgage Notes, Series 2003-1 ("Notes"). The Notes were issued in two classes and each ... Continue reading

Decoma International Inc. announces closing of offering of Cdn$100 million of convertible debentures

Decoma International Inc. announces closing of offering of Cdn$100 million of convertible debentures

CONCORD, ON, March 27 -- Decoma International Inc. (TSX:DEC.A; NASDAQ:DECA) today announced that it has completed its previously announced sale of 6.5% convertible unsecured subordinated debentures due March 31, 2010 (the "Debentures"). The Debentures will bear interest at 6.5% per annum and will be convertible into sh ... Continue reading

Ford Motor Company - March 2003 U.S. Sales Results Conference Call

Ford Motor Company - March 2003 U.S. Sales Results Conference Call

You are invited to participate in Ford Motor Company's March 2003 U.S. sales results conference call hosted by George Pipas, U.S. Sales Analysis Manager. The conference call will begin at 1:00 p.m. (EST) on Tuesday, April 1, 2003 and last 45 minutes. To access the call, please dial 703-871-3085 about 10 minutes prior t ... Continue reading

KleenAir Signs with Preusse India

KleenAir Signs with Preusse India

IRVINE, Calif.--March 27, 2003--KleenAir Systems Inc. (OTC BB:KAIR), announces the signing of a Memorandum of Understanding with Preusse-India Pvt. Ltd for the distribution in India of its NOxMaster(R) NOx Reduction System, the CarbonGuard(TM) Thermal Management System, and its Sonic Flow Carburetor(TM). Recently, Indi ... Continue reading

National Car Rental Serves the Need for Speed -- in Customer Service; Two New Initiatives Promote Speed, Convenience and Choice of Vehicle

National Car Rental Serves the Need for Speed -- in Customer Service; Two New Initiatives Promote Speed, Convenience and Choice of Vehicle

FORT LAUDERDALE, Fla.--March 27, 2003--National Car Rental's Emerald Club has just gotten a whole lot greener. The frequent-renter program that allows National customers to bypass the counter and head straight for Emerald Aisle(R), where they select from an assortment of cars, has been expanded to include any class of ... Continue reading

RVtoday Now on 7 Days a Week, 365 Days a Year; Top-Rated RVtoday Reaches Viewers on the Outdoor Life Network

RVtoday Now on 7 Days a Week, 365 Days a Year; Top-Rated RVtoday Reaches Viewers on the Outdoor Life Network

VENTURA, Calif., March 27 -- RVtoday, the top-rated television program on RVs and the RV lifestyle, is now airing daily on the Outdoor Life Network (OLN). OLN is the premier network for outdoor enthusiasts and is projected to reach 63 million homes by the end of 2003. "This new broadcast partnership with OLN allows RVt ... Continue reading

Semiconductor Manufacturing International Corporation Purchases Multiple Teradyne Logic and Mixed-Signal Test Systems

Semiconductor Manufacturing International Corporation Purchases Multiple Teradyne Logic and Mixed-Signal Test Systems

SHANGHAI, China--March 27, 2003-- China's leading foundry to test logic and mixed-signal devices Teradyne announced today that Semiconductor Manufacturing International Corporation (SMIC) of Shanghai, China has purchased multiple logic and mixed-signal test systems for a range of applications at wafer test. The test sy ... Continue reading

With Pathlore, BMW Adds Horsepower to Training

With Pathlore, BMW Adds Horsepower to Training

COLUMBUS, Ohio, March 27 -- Pathlore Software Corporation announced today that BMW Great Britain (BMW GB) has purchased the software maker's learning-management system (LMS) for 14,000 users both in BMW GB and in its dealerships across the United Kingdom. Pathlore's LMS tracks and reports on corporate training delivere ... Continue reading

World Challenge re-broadcast times/dates

World Challenge re-broadcast times/dates

NEWS FROM BMW OF NORTH AMERICA, LLC Contact: Judy Stropus, 203-438-0501 Speed GT and Touring Car Television Re-Broadcasts The SCCA Pro Racing Speed World Challenge Championship races will be re-broadcast on Speed Channel on Saturday, March 29: Speed Touring Car: March 29, at 9 p.m. and 2 a.m. (Sunday, March 30). Speed ... Continue reading

ABRA Auto Body & Glass Announces New Cumming, GA Location

ABRA Auto Body & Glass Announces New Cumming, GA Location

MINNEAPOLIS--March 27, 2003--ABRA Auto Body & Glass, a Minneapolis-based damaged vehicle repair company, announced today the future opening of their thirteenth repair center in metro Atlanta. The facility, located at 965 Market Place Blvd. in Cumming, is currently under construction with a projected opening date of Jul ... Continue reading

California Manufacturing Technology Center Presents Lean Manufacturing 101 Workshop with Live Simulation in San Diego

California Manufacturing Technology Center Presents Lean Manufacturing 101 Workshop with Live Simulation in San Diego

LOS ANGELES--March 27, 2003--For one day only, the California Manufacturing Technology Center (CMTC) presents a workshop that will help attendees to take advantage of $2 million in training funds set aside to assist companies! Participants will learn about training funds that are available to help offset the cost of tr ... Continue reading

Cascade Corporation Announces Earnings of $0.38 Per Share for the Fourth Quarter of Fiscal 2003 and $1.45 Per Share for Fiscal 2003

Cascade Corporation Announces Earnings of $0.38 Per Share for the Fourth Quarter of Fiscal 2003 and $1.45 Per Share for Fiscal 2003

PORTLAND, Ore.--March 27, 2003--Cascade Corporation today reported its financial results for the fourth quarter ended January 31, 2003 and for the year ended January 31, 2003. Fourth Quarter Financial Highlights: -- Consolidated net sales were $64.4 million, a 21.7% increase over consolidated net sales of $52.9 million ... Continue reading

Diodes Incorporated Announces Development of Ultra-Low Leakage High Voltage Schottky Barrier Process; Breakthrough Process Will Lead to New Products for High Efficiency Applications

Diodes Incorporated Announces Development of Ultra-Low Leakage High Voltage Schottky Barrier Process; Breakthrough Process Will Lead to New Products for High Efficiency Applications

WESTLAKE VILLAGE, Calif.--March 27, 2003--Diodes Incorporated, a leading manufacturer and supplier of high quality discrete semiconductors, today announced the development of a breakthrough ultra-low leakage, high voltage Schottky barrier rectifier process. This new process allows Diodes to offer Schottky barrier recti ... Continue reading

Flexsteel Industries, Inc. Announces Dates for the Release of Third Quarter Operating Results and Analysts Conference Call Information

Flexsteel Industries, Inc. Announces Dates for the Release of Third Quarter Operating Results and Analysts Conference Call Information

DUBUQUE, Iowa--March 27, 2003--Flexsteel Industries, Inc. announced that its operating results for the three-month and nine-month periods ended March 31, 2003 will be released on April 15, 2003, after the close of extended trading. Senior management will host a conference call to review third quarter and fiscal year-to ... Continue reading

Giraud International selects QUALCOMM's EutelTRACS satellite communications services and HourTRACS driver monitoring software module

Giraud International selects QUALCOMM's EutelTRACS satellite communications services and HourTRACS driver monitoring software module

Waalre, Netherlands, March 27 -- - QUALCOMM's solutions provide Giraud International Communications with increased operational efficiencies QUALCOMM Incorporated , the leader in mobile communications for the transportation industry, today announced that Giraud International S.A., a leading European truckload carrier ba ... Continue reading

Holiday RV Superstores Receives Conversion Notice of Debt Held by Majority Stockholder; Ownership Would Increase to Over 90%; Parties Agree to Take No Action

Holiday RV Superstores Receives Conversion Notice of Debt Held by Majority Stockholder; Ownership Would Increase to Over 90%; Parties Agree to Take No Action

FT. LAUDERDALE, Fla., March 27 -- Holiday RV Superstores, Inc. (RVEE.PK) announced today that its majority stockholder and senior lender has requested that the Company convert $150,000 in principal and $150,000 in accrued but unpaid interest owing under an outstanding convertible promissory note (the "Note") due from t ... Continue reading

Prominent Southern California Dealership Chooses U.S. Bank; Covina-Based Bozzani Motors Taps U.S. Bank to Steer Its Financial Future

Prominent Southern California Dealership Chooses U.S. Bank; Covina-Based Bozzani Motors Taps U.S. Bank to Steer Its Financial Future

COVINA, Calif.--March 27, 2003--U.S. Bancorp Bozzani Motors, a prominent Volkswagen and Volvo dealership in southern California, has chosen U.S. Bank to provide a number of financial services. A specialist in commercial dealer relationships, U.S. Bank will handle the dealership's deposit accounts and a credit line. The ... Continue reading

Rockwell Automation To Present at Deutsche Bank Basic Industries Conference

Rockwell Automation To Present at Deutsche Bank Basic Industries Conference

MILWAUKEE--March 27, 2003--Rockwell Automation, Inc. Chairman and CEO Don H. Davis will make a presentation at the Deutsche Bank Basic Industries Conference in New York on Tuesday, April 1, 2003 at approximately 1:30 p.m. (Eastern Standard Time). The presentation will be audio webcast on the Rockwell Automation website ... Continue reading

SIFCO Industries, Inc. Plans to Discontinue Operations at its Facility in Tampa, Florida

SIFCO Industries, Inc. Plans to Discontinue Operations at its Facility in Tampa, Florida

CLEVELAND--March 27, 2003--SIFCO Industries (AMEX:SIF) announced today that it would be discontinuing operations at its jet engine turbine component repair facility in Tampa, Florida. The facility was primarily involved in the repair and remanufacture of turbine blades and vanes used in jet engines (aerospace). These r ... Continue reading

Sonic Jet's Technical Solutions Group Profiled in the World's Foremost Defense Publication

Sonic Jet's Technical Solutions Group Profiled in the World's Foremost Defense Publication

STANTON, Calif., March 27 -- Sonic Jet Performance, Inc. (BULLETIN BOARD: SJET - News) announced today that its subsidiary, Technical Solutions Group (TSG) was profiled in the March 2003 issue of Jane's International Defense Review (IDR). The article appeared in IDR's "Weapons and Equipment" section and discusses TSG's ... Continue reading

Swift Transportation Co., Inc. Announces First Quarter Expectations and Expansion of Stock Repurchase Program

Swift Transportation Co., Inc. Announces First Quarter Expectations and Expansion of Stock Repurchase Program

PHOENIX--March 27, 2003--Swift Transportation Co., Inc. announced that it anticipates earnings for the quarter ended March 31, 2003 will be in the range of $.07 to $.11 per share. The Company's average cost per gallon is approximately $0.45 higher in the first quarter of 2003 as compared to the first quarter of 2002. T ... Continue reading

Textron Provides Outlook for 2003 Earnings and Free Cash Flow Schedules Conference Call; Announces Date For First Quarter Earnings

Textron Provides Outlook for 2003 Earnings and Free Cash Flow Schedules Conference Call; Announces Date For First Quarter Earnings

PROVIDENCE, R.I.--March 27, 2003--Textron Inc. today announced that it now expects full-year 2003 diluted earnings per share will be between $2.40 and $2.60, with first quarter diluted earnings per share between $0.51 and $0.53. Previously, the company expected full-year 2003 and first quarter diluted earnings per shar ... Continue reading

Transpro Enters Final Phase of $7 Million Restructuring Program

Transpro Enters Final Phase of $7 Million Restructuring Program

NEW HAVEN, Conn.--March 27, 2003--During the third quarter of 2001, after a period of business analysis, Transpro, Inc. announced a $7 million restructuring program designed to reposture its businesses for improved operating performance. To date, the significant highlights of these activities include: -- Restructuring ... Continue reading

UAW Endorses National Election Day Holiday Legislation

UAW Endorses National Election Day Holiday Legislation

DETROIT, March 27 -- The UAW announced today its enthusiastic support for a national Election Day holiday bill introduced by Sen. Debbie Stabenow (D-MI), Rep. John Conyers (D-MI.), Rep. Elijah Cummings (D-MD.), Rep. Ciro Rodriguez (D-TX), and Rep. ... Continue reading

UnitedAuto Posts Corporate Governance Policies on Website

UnitedAuto Posts Corporate Governance Policies on Website

DETROIT--March 27, 2003--UnitedAuto Group, Inc. , a FORTUNE 500 automotive specialty retailer, announced today that it has published its new policies and procedures on Corporate Governance. This information may be accessed by logging onto the Company's website at www.unitedauto.com and selecting the Corporate Governanc ... Continue reading

Vitro, S.A. de C.V. Holds General Shareholders' Meeting

Vitro, S.A. de C.V. Holds General Shareholders' Meeting

GARZA GARCIA, N.L., Mexico, March 27 -- Vitro S.A. de C.V. held today its General Ordinary Shareholders Meeting which approved the Company's 2002 financial results, elected the members of the Board of Directors and the Examiners for the year 2003 and resolved to pay a cash dividend of Ps $0.36 (thirty six cents) per co ... Continue reading

Civic Tour Adds the Coolest Sweepstakes to This Spring's Coolest Concert Events

Civic Tour Adds the Coolest Sweepstakes to This Spring's Coolest Concert Events

VENICE, Calif.--March 27, 2003-- From Customized Civic Si's and Road Trips to Alpine Car Audio Equipment, Civic Tour Announces Exciting National and Local Media Promotions As if bringing the best live rock performance event of the spring to music fans across the country wasn't enough, Civic Tour 2003 is now giving New ... Continue reading

CNH shareholders elect three to board of directors

CNH shareholders elect three to board of directors

Lake Forest, Illinois, March 27 -- The shareholders of CNH Global N.V. have elected three new board members in today's extraordinary general meeting held at the company's registered offices in the Netherlands. The newly elected members are: Giuseppe Morchio, chief executive officer of Fiat S.p.A., Ferruccio Luppi, chie ... Continue reading

Free Special Attractions; Crowd Pleasers for the Whole Family at the New York Auto Show

Free Special Attractions; Crowd Pleasers for the Whole Family at the New York Auto Show

NEW YORK, March 27 -- In addition to more than 35 new vehicle introductions, dozens of concept cars and nearly 1,000 new cars and trucks, the 2003 New York International Automobile Show also offers a range of free outdoor events sure to delight the whole family. "The New York Auto Show is a great place to chose your ne ... Continue reading

The 12th Annual Northwest Michigan Camper & RV Show Is Coming to the Grand Traverse County Civic Center, March 28-30

The 12th Annual Northwest Michigan Camper & RV Show Is Coming to the Grand Traverse County Civic Center, March 28-30

TRAVERSE CITY, Mich., March 27 -- The Michigan Association of Recreation Vehicles and Campgrounds (MARVAC) is sponsoring the 12th Annual Northwest Michigan Camper & RV Show, March 28-30, 2003, at the Grand Traverse County Civic Center (Howe Arena) in Traverse City, Mich. New, year 2003 recreation vehicles will be on di ... Continue reading

BorgWarner Emissions/Thermal Systems Appoints Director of North American Fleet And Aftermarket Sales

BorgWarner Emissions/Thermal Systems Appoints Director of North American Fleet And Aftermarket Sales

MARSHALL, Mich., March 27 -- BorgWarner Emissions/Thermal Systems, formally BorgWarner Cooling Systems, announced the appointment of Mark Linton to the position of Director of Fleet and Aftermarket Sales. Mark will be responsible for leading the sales initiatives in the North American commercial truck market and managi ... Continue reading

iEQUUS Performance Gauge Line Debuts At SEMA IAS

iEQUUS Performance Gauge Line Debuts At SEMA IAS

FOUNTAIN VALLEY, Calif.--March 27, 2003--Equus Products Inc., a leading automotive aftermarket manufacturer, debuts its iEQUUS Performance(TM) Gauges and Tachometers during the SEMA International Auto Salon (IAS), April 25-27, 2003, at the Los Angeles Convention Center (booth #2312). Some of the features that make this ... Continue reading

AK Steel Earns Dual Honors From Toyota for Ninth Consecutive Year

AK Steel Earns Dual Honors From Toyota for Ninth Consecutive Year

MIDDLETOWN, Ohio, March 27 -- AK Steel has received the highest supplier recognition possible in two separate categories from Toyota Motor Manufacturing North America, Inc. (TMMNA). The dual awards were presented Tuesday evening at Toyota's annual Supplier Business Meeting and Awards Ceremony in Covington, Kentucky. AK ... Continue reading

Cambridge Display Technology Achieves Milestone in Light Emitting Polymer Technology Performance

Cambridge Display Technology Achieves Milestone in Light Emitting Polymer Technology Performance

CAMBRIDGE, U.K.--March 27, 2003-- Improved Lifetime of Devices is Key to Expanded Commercialization of LEP Displays Cambridge Display Technology (CDT) today announced that it has dramatically improved the life performance of display devices based on light emitting polymer (LEP) technology, achieving more than 11,000 ho ... Continue reading

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