The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

June 2003

Select Another Month

Tuesday, June 3, 2003

May 2003 U.S. Auto Sales Scorecard

May 2003 U.S. Auto Sales Scorecard

DETROIT, June 3, 2003; Reuters compiled the May U.S. sales and market shares of cars and light trucks listed by auto groups and their wholly owned subsidiaries. Percent changes are based on the daily sales rate. ... Continue reading

Kia Sorento, Sedona Sales Enjoy Best Month Ever

Kia Sorento, Sedona Sales Enjoy Best Month Ever

Kia Year-To-Date Sales Up IRVINE, Calif., June 3 -- Record monthly sales for the Kia Sorento SUV and Sedona minivan helped Kia continue the company's pace to set another annual record, despite May unit sales as a whole dropping 3.4 percent versus the same month in 2002. Year-to-date sales of 99,195 are up nearly half a ... Continue reading

Mitsubishi Motors Reports May Sales

Mitsubishi Motors Reports May Sales

S.U.V. Sales Up 23.2 Percent CYPRESS, Calif., June 3 -- Mitsubishi Motors North America, Inc. (MMNA) today reported May 2003 sales of 21,375 units, marking a 30.8 percent decline from May sales of 30,874 units in 2002. Sales of the company's expanding line of S.U.V.s grew 23.2 percent over May 2002 and are up 18.8 perc ... Continue reading

Toyota Announces Best-Ever Sales Month

Toyota Announces Best-Ever Sales Month

TORRANCE, Calif., June 3 -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported its best-ever sales month in 46 years of business in the US with total May sales of 186,764 vehicles, an increase of 6.1 percent. Year-to-date sales now stand at 747,641, up 2.1 percent over the same period last year. "Emerging signs of ... Continue reading

Jamie McMurray Pocono Race Advance

Jamie McMurray Pocono Race Advance

Media Contact: Jason Wise Chip Ganassi Racing (704) 500-6121 jwise@ganassi.com <mailto:jwise@ganassi.com> Jamie McMurray, No. 42 Havoline Dodge Pocono 500 Race Advance RACE INFORMATION: EVENT: Pocono 500 (Race 14 of 36) TRACK: Pocono Raceway QUALIFYING: Friday, June 6 at 3:05 p.m. EST RACE: Sunday, June 8 at 1:00 p.m. ... Continue reading

Takagi-Giaffone Texas Pre-Race Notes/Quotes

Takagi-Giaffone Texas Pre-Race Notes/Quotes

Contact: Laz Denes, 256-657-6190 ldenes@monunnracing.com www.monunnracing.com media information Indy 500 Rookie of the Year Takagi, Teammate Giaffone Head to Texas Motor Speedway for Bombardier 500 Pre-Race Notes/Quotes - Bombardier 500 - June 5-7, 2003 Texas Motor Speedway - Fort Worth, Texas - 1.5-Mile Tri-Oval Round ... Continue reading

Intensifying Competition Urges Development of New Technologies in Flowmeter Market, Says Frost & Sullivan

Intensifying Competition Urges Development of New Technologies in Flowmeter Market, Says Frost & Sullivan

SAN JOSE, Calif., June 3 -- Flowmeter manufacturers have triggered technology innovations in their crusade to secure shares in the intensely competitive flowmeter market. (Logo: http://www.newscom.com/cgi-bin/prnh/20010731/DATU003LOGO ) Recent consolidations of several end-user industries have curtailed expansion which ... Continue reading

Automotive Manufacturer Selects MAPICS Based On Industry Knowledge, Manufacturing Expertise

Automotive Manufacturer Selects MAPICS Based On Industry Knowledge, Manufacturing Expertise

ATLANTA--June 3, 2003-- Michigan Automotive Compressor, Inc. looks to MAPICS to help maintain world-class standards for its growing enterprise MAPICS, Inc. , the largest global provider of extended ERP, CRM and SCM solutions committed exclusively to solving the unique challenges of manufacturers, today announced that M ... Continue reading

CIMOS to Cut Design Time with IBM and Dassault Systemes

CIMOS to Cut Design Time with IBM and Dassault Systemes

PARIS & KOPER, Slovenia--June 3, 2003-- Leading Slovenian automotive supplier CIMOS will simplify design and maximize collaboration by standardizing Product Lifecycle Management solution in three countries IBM and Dassault Systemes today announced the signing of a Product Lifecycle Management (PLM) contract with CIMOS, ... Continue reading

Westport reports fourth fiscal quarter and year end results for March 31, 2003

Westport reports fourth fiscal quarter and year end results for March 31, 2003

VANCOUVER, June 3 -- Westport Innovations Inc. (WPT:TSE) today reported results for its fourth quarter and fiscal year ended March 31, 2003. Westport also reviewed milestones achieved during the past year and provided an update on strategy, business plans, and operations. Full quarterly and annual statements including ... Continue reading

X-FAB UK Ltd. Attains ISO TS 16949 Certification

X-FAB UK Ltd. Attains ISO TS 16949 Certification

ERFURT, Germany & PLYMOUTH, United Kingdom--June 3, 2003--X-FAB UK Ltd., one of 3 manufacturing sites of X-FAB Semiconductor Foundries AG, the mixed-signal foundry leader, announced that it is among the very first foundries to be awarded certification according to ISO TS 16949, the new quality standard in the automotiv ... Continue reading

Automotive Design Engineers Can Minimize Hose and Cable Abrasion With Federal-Mogul's NyloGard(TM) 2452 Woven Nylon Sleeving

Automotive Design Engineers Can Minimize Hose and Cable Abrasion With Federal-Mogul's NyloGard(TM) 2452 Woven Nylon Sleeving

SOUTHFIELD, Mich., June 3 -- A recent study by Federal-Mogul Corporation reveals that automotive design engineers can achieve four times better abrasion resistance with Federal-Mogul's NyloGard(TM) 2452 nylon woven sleeving than with competing textile sleeving products. (Logo: http://www.newscom.com/cgi-bin/prnh/200005 ... Continue reading

Capital Automotive Completes $83 Million in Property Acquisitions, Bringing Year-to-Date Acquisitions to $100 Million

Capital Automotive Completes $83 Million in Property Acquisitions, Bringing Year-to-Date Acquisitions to $100 Million

MCLEAN, Va., June 3 -- Capital Automotive REIT , the nation's leading specialty finance company for automotive retail real estate, today announced that the Company has completed approximately $83 million of acquisitions since the end of the first quarter of 2003, bringing total acquisitions for the five-month period en ... Continue reading

Capital Automotive Named One of the Best Performing Companies in the Standard & Poor's SmallCap 600 Index

Capital Automotive Named One of the Best Performing Companies in the Standard & Poor's SmallCap 600 Index

MCLEAN, Va., June 3 -- Capital Automotive REIT , the nation's leading specialty finance company for automotive retail real estate today announced that it was named the 20th best-performing company in BusinessWeek's "Small-Cap 50," which are the best-performing companies in the Standard & Poor's SmallCap 600 index, as p ... Continue reading

Ford Credit Offers Financial Relief to Tornado Victims

Ford Credit Offers Financial Relief to Tornado Victims

Qualified customers eligible to delay car payments DEARBORN, Mich., June 3 -- Ford Credit is offering customers in Kansas, Missouri, Oklahoma and Tennessee affected by recent tornados the opportunity to defer some car payments. Ford Credit's Disaster Relief Program allows customers to defer up to three monthly payments ... Continue reading

Ginseng Forest, Inc. Enters Definitive Agreement With Carroll Shelby

Ginseng Forest, Inc. Enters Definitive Agreement With Carroll Shelby

Ginseng Forest, Inc. to Become Carroll Shelby International Inc. After The Acquisition of Carroll Shelby's Licensing and Automobile Companies LOS ANGELES, June 3 -- Ginseng Forest (BULLETIN BOARD: GSGF) announced today that it has entered into a definitive agreement to acquire Carroll Shelby Licensing Inc., and Shelby ... Continue reading

GlobalAutoIndustry.com Partners with Global Synergies to Offer Executive Coaching to Automotive Executives

GlobalAutoIndustry.com Partners with Global Synergies to Offer Executive Coaching to Automotive Executives

TROY, Mich.--June 3, 2003--GlobalAutoIndustry.com and Global Synergies L.L.C. announced today that the two companies have joined in a partnership to provide international executive coaching to the global automotive community. Global Synergies, with Executive Coach Franz Neumeyer, is now one of GlobalAutoIndustry.com's ... Continue reading

Group 1 Automotive Completes New Expanded Revolving Credit Arrangements; 14 Financial Institutions Support Company's Growth

Group 1 Automotive Completes New Expanded Revolving Credit Arrangements; 14 Financial Institutions Support Company's Growth

HOUSTON--June 3, 2003--Group 1 Automotive, Inc. , a Fortune 500 specialty retailer, today announced that it has completed new three-year revolving credit arrangements with 14 leading financial institutions totaling $1.075 billion, with the potential to expand to $1.3 billion. The arrangements consist of a $775 million ... Continue reading

IIR Industry Alert: Nissan Prepares to Take a Big Bite Out of the North American Truck Market

IIR Industry Alert: Nissan Prepares to Take a Big Bite Out of the North American Truck Market

HOUSTON--June 3, 2003--Researched by Industrialinfo.com (Industrial Information Resources Incorporated; Houston). General Motors, Ford, assume your places and prepare for battle. Nissan North America Incorporated (Gardena, Calif.) has just started up its huge new assembly plant in Canton, Miss., from which it intends t ... Continue reading

IIR Industry Alert: Nissan Prepares to Take a Big Bite Out of the North American Truck Market

IIR Industry Alert: Nissan Prepares to Take a Big Bite Out of the North American Truck Market

HOUSTON--June 3, 2003--Researched by Industrialinfo.com (Industrial Information Resources Incorporated; Houston). General Motors, Ford, assume your places and prepare for battle. Nissan North America Incorporated (Gardena, Calif.) has just started up its huge new assembly plant in Canton, Miss., from which it intends t ... Continue reading

MatrixOne to Provide Product Lifecycle Management Applications to John Deere's Worldwide Agricultural Equipment Division

MatrixOne to Provide Product Lifecycle Management Applications to John Deere's Worldwide Agricultural Equipment Division

WESTFORD, Mass.--June 3, 2003--MatrixOne, Inc. , a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain(TM), today announced that the Worldwide Agricultural Equipment Division of Deere & Company has furthered its commitment to MatrixOne with an investment in MatrixOne appli ... Continue reading

UBS Warburg and the Federation of Korean Industries Host Korean Senior Management Conference

UBS Warburg and the Federation of Korean Industries Host Korean Senior Management Conference

WHAT: UBS Warburg and the Federation of Korean Industries Korean Senior Management Conference will feature seven formal presentations by senior executives from a host of industries including, financial, telecommunications, automotive and electronics. A preliminary list of presenting companies including: Hyundai Motor S ... Continue reading

Webraska Launches SmartZone Navigation Suite and Signs New Deals in the Enterprise and Fleet-Management Markets

Webraska Launches SmartZone Navigation Suite and Signs New Deals in the Enterprise and Fleet-Management Markets

MAISONS-LAFFITTE, France--June 3, 2003--Webraska, the worldwide provider of location-based services, telematics applications and enabling platforms is pleased to announce the launch of the SmartZone Navigation Suite. Based on Webraska's patented IbDN(R) technology (Internet-based Distributed Navigation(R)), the SmartZo ... Continue reading

BMW Release

BMW Release

Total of 5 pages. Please call me if you have any questions. ... Continue reading

Budget Introduces Small Business Program

Budget Introduces Small Business Program

Low Rates Guaranteed With Every Rental PARSIPPANY, N.J., June 3 -- Smaller-sized companies are often focused on ways to save on business travel. Budget Rent A Car System, Inc. today announced the launch of the Budget Business Program designed specifically for small businesses to maximize their company's travel dollars, ... Continue reading

Catalytica Energy Systems Announces Webcast of its 2003 Annual Meeting of Stockholders

Catalytica Energy Systems Announces Webcast of its 2003 Annual Meeting of Stockholders

GILBERT, Ariz.--June 3, 2003--Catalytica Energy Systems announced today that it will broadcast its 2003 Annual Meeting of Stockholders live over the internet on Friday, June 6, 2003 at 10:00 a.m. Pacific Time. The meeting will be held at the principal executive offices of Catalytica Energy Systems, located at 1388 N. T ... Continue reading

Chrysler Group Revs Up Dallas Consumers With National Art of Driving Tour

Chrysler Group Revs Up Dallas Consumers With National Art of Driving Tour

Southfork Ranch in Parker, Texas to Host Stop June 21-22 DALLAS, June 3 -- Consumers across Dallas will have an opportunity to not only enjoy, but also drive the finer things in life during the Chrysler Art of Driving national tour stopping at the famous Southfork Ranch outside of Dallas. The tour will visit 11 cities ... Continue reading

Cognex Introduces New High-Performance Frame Grabbers

Cognex Introduces New High-Performance Frame Grabbers

ROSEMONT, Ill. & NATICK, Mass.--June 3, 2003--Cognex Corporation , the world's leading supplier of machine vision systems and sensors, today unveils the MVS-8500 Series of frame grabbers at the International Robots & Vision Show. The new MVS-8500 Series is designed to support next generation high-speed analog cameras t ... Continue reading

Global Auto Safety Research Verifies Electronic Stability Control (ESC) Saves Lives

Global Auto Safety Research Verifies Electronic Stability Control (ESC) Saves Lives

- Five Studies Project 30-35% Reduction in Single Vehicle Crashes - DETROIT, June 3 -- A global body of new research data from the world's top auto manufacturing countries confirms the effectiveness of Electronic Stability Control (ESC), a revolutionary active safety technology. The studies corroborate efforts by the E ... Continue reading

Grammer Posts 2002 Earnings; Shows Impressive Growth

Grammer Posts 2002 Earnings; Shows Impressive Growth

ANN ARBOR, Mich., June 3 -- Grammer AG, of Amberg, Germany, a leading supplier of automotive interior specialty systems, reported 2002 group sales of $837 million, up from $775 million in 2001. Net income was steady at a strong $24.7 million, on par with the previous year. With a solid book of business already posted, ... Continue reading

Mature Travelers Keep Rolling With Hertz

Mature Travelers Keep Rolling With Hertz

- Hertz Offers AARP Members Special Discounts and Upgrade Offers - PARK RIDGE, N.J., June 3 -- Americans aged 55 plus have a growing interest in travel, with affordability being a driving factor, according to the Travel Industry Association of America's Travel Sentiment Index. Through AARP, Hertz is offering a variety ... Continue reading

Motorway poster campaigns are a new danger says GEM

Motorway poster campaigns are a new danger says GEM

London, June 3 -- High profile organisations and companies such as major supermarket groups, parts of the rail network and even The Co-op are contributing to the dangers on our motorways and trunk roads, says road safety champion The Guild of Experienced Motorists. GEM gays that disused trailers, lorries, Luton trucks ... Continue reading

Newstream.com Digest: A Galaxy Far, Far Away.com, New Technologies to Target Breast Cancer, Help for Potential Homeowners, and Other Free Multimedia Content for Journalists

Newstream.com Digest: A Galaxy Far, Far Away.com, New Technologies to Target Breast Cancer, Help for Potential Homeowners, and Other Free Multimedia Content for Journalists

NEW YORK--June 3, 2003-- New Technologies to Target Breast Cancer Advanced technologies are giving hope to the more than 200,000 women in the Unites Stated diagnosed with breast cancer each year. A recent study shows a cutting-edge treatment technique may prove more effective and produce fewer side effects than traditi ... Continue reading

Participants Compete on Prices in an Aggressive Weighing Equipment Market, Says Frost & Sullivan

Participants Compete on Prices in an Aggressive Weighing Equipment Market, Says Frost & Sullivan

SAN JOSE, Calif., June 3 -- Price has become the differentiating factor in a mature and intensely competitive weighing equipment market where there are no apparent differences in product designs. (Logo: http://www.newscom.com/cgi-bin/prnh/20010731/DATU003LOGO ) Manufacturers focus on cost-reducing activities, passing o ... Continue reading

Tinnerman Palnut Engineered Products, LLC Announces an Expansion for its Canada Plant

Tinnerman Palnut Engineered Products, LLC Announces an Expansion for its Canada Plant

BRUNSWICK, Ohio--June 3, 2003--Tinnerman Palnut Engineered Products, LLC announces plans to expand its Hamilton Ontario plant and create a Center of Excellence to coordinate engineering and research for the entire company. The expansion will add 48,000 square feet. This expansion is the second expansion the Hamilton fa ... Continue reading

USF Dugan Keeps on Shipping; Flattened Terminal Not a Problem

USF Dugan Keeps on Shipping; Flattened Terminal Not a Problem

WICHITA, Kan.--June 3, 2003--On May 8, 2003, a tornado struck and completely destroyed USF Dugan's (www.usfc.com) Oklahoma City terminal. USF Dugan is an operating company of USF Corporation. Fortunately no one was injured. Despite the extraordinary damage to the 30-door terminal, USF Dugan was able to continue operati ... Continue reading

MSL Awarded Outsourcing Contract by Leading Automotive Industry Supplier

MSL Awarded Outsourcing Contract by Leading Automotive Industry Supplier

CONCORD, Mass.--June 3, 2003--MSL , a global electronics manufacturing and supply-chain services company, announced today that a Fortune 150 automotive electronics supplier has selected MSL as a strategic supplier for complex printed circuit board assemblies. MSL's ability to meet the customer's complex manufacturing n ... Continue reading

Primedia's Truckin' and Sport Truck Head to Las Vegas for First Annual Vegas Nationals Sponsored by Chevrolet and JC Whitney

Primedia's Truckin' and Sport Truck Head to Las Vegas for First Annual Vegas Nationals Sponsored by Chevrolet and JC Whitney

LOS ANGELES, June 3 -- Truckin' and Sport Truck are going to the streets of Las Vegas June 7-8 for the first annual Vegas Nationals. This event starts on Friday, June 6, with a State 2 State Cruise, which readers of both magazines are invited to attend. Last year's cruise drew more than 300 participants, who traveled f ... Continue reading

Sterling Marlin, #40 Coors Light Dodge, Pocono 500 Advance

Sterling Marlin, #40 Coors Light Dodge, Pocono 500 Advance

Sterling Marlin, #40 Coors Light Dodge, Pocono 500 Advance RACE INFORMATION: EVENT: Pocono 500 (race 14 of 36) TRACK: Pocono Raceway QUALIFYING: Friday, June 6, 3:05 p.m. ET RACE: Sunday, June 8, 1:00 p.m. ET BROADCAST: FOX television and MRN radio COORS LIGHT TEAM FACTS: -Chassis: The Coors Light team will race chassi ... Continue reading

Roberts takes 2nd at Pikes Peak

Roberts takes 2nd at Pikes Peak

AMA/Chevy Trucks U.S. Superbike Series Round 8: Fountain, Colorado June 1, 2003 Roberts romps to second at Pikes Peak Throughout his young road racing career, Erion Honda's Kurtis Roberts has racked up 14 wins in various classes on the AMA Superbike circuit. Those wins include nine Formula Xtreme victories, a class onc ... Continue reading

Casey Mears, #41 Target Dodge, Pocono 500 Advance

Casey Mears, #41 Target Dodge, Pocono 500 Advance

Casey Mears, #41 Target Dodge, Pocono 500 Advance RACE INFORMATION: EVENT: Pocono 500 (race 14 of 36) TRACK: Pocono Raceway QUALIFYING: Friday, June 6, 3:05 p.m. ET RACE: Sunday, June 8, 1:00 p.m. ET BROADCAST: FOX television and MRN radio TARGET TEAM FACTS: -Chassis: Team Target will race chassis #308 in the Winston C ... Continue reading

GORDON A GOOD BET FOR TOP-10 FINISH AT POCONO

GORDON A GOOD BET FOR TOP-10 FINISH AT POCONO

FOR IMMEDIATE RELEASE FURTHER INFO: Jon Edwards Performance PR Plus (704) 377-8727 Pprplus50@aol.com GORDON A GOOD BET FOR TOP-10 FINISH AT POCONO LONG POND, Pa. - The last time Jeff Gordon visited Pocono Raceway, he led no laps and finished 12th. A decent run by many standards but poor in comparison to Gordon's previo ... Continue reading

Orbit Racing - Le Mans race preview

Orbit Racing - Le Mans race preview

smart strategy Orbit Racing returns to the 24 Heures du Mans with a custom plan. Leo Hindery of New York, Peter Baron of Deerfield Beach, Fla., and Marc Lieb of Germany will drive the No. 87 YES Network Porsche in the June 14/15 endurance race in Le Mans, France. Hindery and Baron drove together at Le Mans last year, s ... Continue reading

Two-Wheeler Segment to Grow Fastest in the Indian Automotive Industry, Says Frost & Sullivan

Two-Wheeler Segment to Grow Fastest in the Indian Automotive Industry, Says Frost & Sullivan

SAN JOSE, Calif., June 3 -- The Indian automotive industry has been in a state of transition for a few years with the entry of international companies and new technologies significantly altering market dynamics. (Logo: http://www.newscom.com/cgi-bin/prnh/20010731/DATU003LOGO ) The increased number of market participant ... Continue reading

ZZ TOP To Perform At Corvette 50th Anniversary Celebration

ZZ TOP To Perform At Corvette 50th Anniversary Celebration

Legendary Rock Band To Close Out Two-Day Party In June DETROIT - Chevrolet Motor Division today announced that ZZ TOP will perform on June 28, 2003 in Nashville as part of the official Corvette 50th Anniversary Celebration. Chevrolet is holding the Corvette 50th Anniversary Celebration to commemorate a half-century wit ... Continue reading

GM Announces June Sales Incentives

GM Announces June Sales Incentives

Additional Customer Cash Added on Selected Vehicles Program Continues 0.0 Percent Financing for Five Years on Most GM Vehicles DETROIT - General Motors Corp. today announced its latest marketing program which runs from June 3 through July 7, 2003. GM is offering cash rebates of up to $4,000 on select new 2003 GM vehicl ... Continue reading

GM Reports May Sales of 435,495, Up 4 Percent

GM Reports May Sales of 435,495, Up 4 Percent

Trucks Establish New Industry Record For Second Consecutive Month Full-Size Pickups Up 14.5 Percent and Total Utilities Up 24 percent DETROIT - General Motors Corp. dealers sold 435,495 new cars and trucks in May in the United States, up 4 percent compared with May 2002. GM's overall truck sales (258,165) were up 13 pe ... Continue reading

Acura Sets All-Time Monthly Sales Record

Acura Sets All-Time Monthly Sales Record

Strong Demand for TSX Sports Sedan Continues TORRANCE, Calif., June 3 -- May sales of Acura vehicles totaled 16,495, setting a new all-time monthly record besting the previous mark of 16,333 units set in August 2002, and surpassing last May's total of 16,229. Strong demand for the all-new 2004 TSX sports sedan pushed s ... Continue reading

American Suzuki U.S. Sales Remain Strong

American Suzuki U.S. Sales Remain Strong

Aerio Posts 70 Percent Gain Over May 2002 BREA, Calif., June 3 -- American Suzuki Motor Corporation's (ASMC) U.S. sales remain strong with sales totaling 5,862 vehicles for the month and 25,824 vehicles for the calendar year. The two models of Suzuki's Aerio -- the sedan and SX (sport crossover) -- posted a 70 percent ... Continue reading

American Honda Sales Climb 18 Percent to New May Record of 130,454

American Honda Sales Climb 18 Percent to New May Record of 130,454

Light Truck Sales Increase 57.2 Percent, Acura Sets New All-Time Record, Honda Division Exceeds 100,000 Sales for the Third Consecutive Month TORRANCE, Calif., June 3 -- American Honda Motor Co., Inc., recorded its best-ever May with sales of 130,454, up 18 percent, to achieve the second largest sales month in the comp ... Continue reading

Hyundai Sales Up for May

Hyundai Sales Up for May

FOUNTAIN VALLEY, Calif., June 3 -- Hyundai Motor America today announced sales of 36,545 vehicles for the month of May, an increase of 5.3 percent over the previous year. Year-to-date sales of Hyundai vehicles in the U.S. are up 7.5 percent. "Auto buyers in the U.S. are looking for value more than ever," said Robert Co ... Continue reading

Ford Motor Company Reports May U.S. Sales

Ford Motor Company Reports May U.S. Sales

* Ford's O'Connor encouraged by higher retail demand and recent economic news * Ford Expedition and Lincoln Navigator pace company's record-setting SUV sales * Volvo and Land Rover set new May sales records * Ford sets second quarter North American production plan at 1 million units and third quarter plan at 810,000 un ... Continue reading

Saab Cars USA Continues Setting Sales Records With Best May Ever

Saab Cars USA Continues Setting Sales Records With Best May Ever

Sales Increased 17.5% Over Last Year to 4,702 Vehicles - Making it the Best May in the Company's History NORCROSS, Ga., June 3 -- Driven by strong sales of the Saab 9-3 Sport Sedan, Saab Cars USA set another sales record, reporting its best May ever with sales of 4,702 vehicles. That number marks a 17.5 percent increas ... Continue reading

Nissan North America Reports May Sales

Nissan North America Reports May Sales

GARDENA, Calif.--June 3, 2003--Nissan North America, Inc. (NNA) reported May total sales of 70,967 for its Nissan and Infiniti divisions, a 6.7 percent increase versus May of last year. NNA reports selling 307,802 units calendar year-to-date, a 2.8 percent decrease from last year at this time. INFINITI HIGHLIGHTS -- In ... Continue reading

Porsche Cars North America Reports May U.S. Sales; Best Month in History for PCNA Sales

Porsche Cars North America Reports May U.S. Sales; Best Month in History for PCNA Sales

ATLANTA, June 3 -- Porsche Cars North America, Inc., (PCNA), importer and distributor of Porsche sports cars in the United States, today announced U.S. retail sales for May totaled 3,008 cars, an increase of 34 percent compared to the same period last year. It was the second best U.S. May sales result in PCNA's history ... Continue reading

BMW Group Reports 9 Percent Jump in May Sales

BMW Group Reports 9 Percent Jump in May Sales

BMW Group Sales Increase 10 Percent Year-To-Date WOODCLIFF LAKE, N.J., June 3 -- The BMW Group (BMW and MINI brands combined) reported a year-to-date sales increase of 10 percent for 112,278 vehicles compared to the 102,010 in the same period of 2002. May sales for the BMW Group were up 9 percent to 25,765, compared to ... Continue reading

Mercedes-Benz USA New Car Sales Up Six Percent

Mercedes-Benz USA New Car Sales Up Six Percent

Mercedes AMG and Starmark Each Post Best Sales Month Ever MONTVALE, N.J., June 3 -- Mercedes-Benz USA (MBUSA) reported sales of 19,167 new vehicles in May, an increase of six percent over May 2002. This sets a year-to-date record of 88,655 units. "To put this momentum in perspective, in just five months we have sold mo ... Continue reading

Audi Reports Increase in May Sales

Audi Reports Increase in May Sales

AUBURN HILLS, Mich., June 3 -- Audi of America, Inc. reported May 2003 sales of 7,857, representing a 1.9 percent increase over May 2002 sales of 7,710. Audi's year-to-date sales are 33,080 down 5.2 percent over 2002 when sales were 34,896. ... Continue reading

Volkswagen Reports U.S. Sales for May

Volkswagen Reports U.S. Sales for May

AUBURN HILLS, Mich., June 3 -- Volkswagen of America, Inc. reported U.S. sales of 27,941 new cars for the month of May, off 13 percent compared to last year's May sales of 32,109. For the year, Volkswagen has sold 120,150 cars compared to 137,360 a year ago. ... Continue reading

Mercedes-Benz to Debut SLR McLaren This Fall New SLR Super Sports GT to Debut at Frankfurt Show

Mercedes-Benz to Debut SLR McLaren This Fall New SLR Super Sports GT to Debut at Frankfurt Show

MONTVALE, N.J., June 3 -- The new Mercedes-Benz SLR McLaren, which is set to celebrate its world premiere this fall at the Frankfurt Auto Show, celebrates the formidable SLR race cars of the 1950s and marks a new era of Mercedes-Benz passion for grand touring sports cars. A futuristic interpretation of styling elements ... Continue reading

Dad's 'Automotive Type' Helps Decide Father's Day Gift

Dad's 'Automotive Type' Helps Decide Father's Day Gift

BETHESDA, Md., June 3 -- There are two types of fathers, those who work on their cars and those who don't. Whether your dad is a do- it-yourselfer (DIY) or a Do-It-For-Me type (DIFM), consider an automotive gift for dad this Father's Day. Sixty-nine percent of male drivers work on their car, truck, mini van or SUV, acc ... Continue reading

DaimlerChrysler Won't Appeal Federal Judge's Ruling on Hummer H2 Grille

DaimlerChrysler Won't Appeal Federal Judge's Ruling on Hummer H2 Grille

SOUTH BEND, Ind. June 3, 2003; The AP reported that DaimlerChrysler AG will not challenge a federal judge's ruling against it over whether the grille of the Hummer H2 is too similar to those on Jeeps. Attorneys for General Motors Corp. and DaimlerChrysler signed an agreement May 19 stipulating that U.S. District Judge ... Continue reading

A&D Weighing Launches Versatile AD-4405 Weighing Indicator

A&D Weighing Launches Versatile AD-4405 Weighing Indicator

MILPITAS, Calif.--June 2, 2003--A&D Weighing launches the new full-featured AD-4405 indicator. This indicator provides outstanding functionality with a full keypad, counting, and an available built-in printer. The AD-4405 is an excellent value for bench, floor and truck scales in static weighing or simple batching appl ... Continue reading

Credit Acceptance Announces Operational Changes

Credit Acceptance Announces Operational Changes

SOUTHFIELD, Mich.--June 2, 2003--Credit Acceptance Corporation Credit Acceptance announced today that effective June 30, 2003 loan originations would cease in Canada and the United Kingdom. The Company believes this decision will benefit shareholders as capital currently invested in both countries can be redeployed at ... Continue reading

eAutoclaims Reports Profitable Quarter

eAutoclaims Reports Profitable Quarter

OLDSMAR, Fla., June 2 -- eAutoclaims (BULLETIN BOARD: EACC) reports that income before non-cash expense for the three-months ended April 30, 2003 totaled approximately $309,000 compared to a loss before non-cash expenses of approximately $609,000 for the three-month period ended April 30, 2002, an improvement of approx ... Continue reading

Judge Dismisses Shareholder Lawsuit Against Titan International, Inc.

Judge Dismisses Shareholder Lawsuit Against Titan International, Inc.

QUINCY, Ill., June 2 -- Titan International, Inc. announced that the Shareholder Derivative Lawsuit, Merrill Beck, et al. vs. Maurice M. Taylor Jr., et al. and Titan International, Inc., Derivative Action No. 00-L-30, ("Litigation"), filed by three former United Steelworkers of America of Local 164, who were on strike ... Continue reading

Kingsley Coach, Inc. Reports Improved Productivity in 4th Quarter

Kingsley Coach, Inc. Reports Improved Productivity in 4th Quarter

MIDDLEBURG, Pa., June 2 -- Kingsley Coach, Inc. (BULLETIN BOARD: KNGS) is pleased to announce delivery of their 92nd coach on May 30, 2003. In the first two months of the company's current quarter three custom coaches, with an aggregate sales price of $985,000.00, were delivered. The completion of a fourth medical unit ... Continue reading

Multimedia Available: New Found Glory Award Their Customized Honda Civic to Laura Lares of Pittsburg, CA

Multimedia Available: New Found Glory Award Their Customized Honda Civic to Laura Lares of Pittsburg, CA

-- Before hitting the stage on Saturday, May 31, for their co-headlining concert as part of the 2003 Civic Tour, New Found Glory awarded Laura Lares of Pittsburg, Calif., one of their customized and autographed Honda Civic Si's that the band personally designed. You can reach the story directly by going to http://www.n ... Continue reading

New Found Glory Award Their Customized Honda Civic to Laura Lares of Pittsburg, CA

New Found Glory Award Their Customized Honda Civic to Laura Lares of Pittsburg, CA

Photo Editors/Entertainment Editors NOTE TO MEDIA: Multimedia assets available A photo is available at URL: http://www.businesswire.com/cgi-bin/photo.cgi?pw.060203/bb1 4 VENICE, Calif.--June 2, 2003--Before hitting the stage on Saturday, May 31, for their co-headlining concert as part of the 2003 Civic Tour, New Found ... Continue reading

Quantum Receives Agreement from a Major Shareholder in Global Thermoelectric to Support Transaction

Quantum Receives Agreement from a Major Shareholder in Global Thermoelectric to Support Transaction

IRVINE, Calif., June 2 -- Quantum Fuel Systems Technologies Worldwide, Inc., announced today that The K2 Principal Fund L.P., a Toronto-based institutional fund, has entered into a voting agreement with Quantum in which K2 agreed to vote its common shares of Global Thermoelectric, Inc. (Toronto Stock Exchange: GLE.TO) ... Continue reading

S&P Asgn Capital One Auto Finance Tr 2003-A Prlim Rtg

S&P Asgn Capital One Auto Finance Tr 2003-A Prlim Rtg

NEW YORK--June 2, 2003--Standard & Poor's--Standard & Poor's Ratings Services today assigned its preliminary ratings to Capital One Auto Finance Trust 2003-A's $1.125 billion asset-backed notes (see list). This presale report is based on information as of June 2, 2003. The ratings shown are preliminary. This report doe ... Continue reading

Steel industry news and information - free from www.steelonthenet.com

Steel industry news and information - free from www.steelonthenet.com

Dear Steel Industry Executive Let your colleagues know about the free global steel industry information service from www.steelonthenet.com... - Unique newsfeeds covering the latest sales and marketing developments in the industry in China, Japan, Russia, Central Europe, Western Europe and North America. These newsfeeds ... Continue reading

Thrifty Car Rental Opens Tucson Location

Thrifty Car Rental Opens Tucson Location

TULSA, Okla., June 2 -- Thrifty Car Rental, a subsidiary of Dollar Thrifty Automotive Group, Inc. today announced the opening of a new car rental location serving Tucson International Airport. The store, at 2340 E. Elvira Road, is the latest addition to the Thrifty brand, and is one more step toward fulfilling parent c ... Continue reading

Ultimate Security Systems Corporation Announces New Distributors in Western Canada

Ultimate Security Systems Corporation Announces New Distributors in Western Canada

IRVINE, Calif., June 2 -- Ultimate Security Systems Corporation and ImmunoTechnology Corporation (BULLETIN BOARD: IMNT) , which have entered into a definitive merger agreement, announced today the addition of RBL Warehouse Distributors and its 10 Raven Truck Accessory and Raven Sport & Performance Center locations, as ... Continue reading

Union Pacific to Refinance $500 Million of Convertible Preferred Securities

Union Pacific to Refinance $500 Million of Convertible Preferred Securities

OMAHA, Neb., June 2 -- Union Pacific Corporation today announced that it is issuing $500 million of unsecured debt with an average yield of 4.42%. The Company intends to use the proceeds of this issue for general corporate purposes and, in the third quarter of 2003, to refinance $500 million of its remaining $1.0 billi ... Continue reading

Benson Pocono Preview

Benson Pocono Preview

Benson Pocono Preview: If momentum really exists then #10 Valvoline Pontiac Driver Johnny Benson and his teammates have it this weekend as they race at Pocono International Raceway. Benson posted a season-best, fifth-place finish on Sunday in Dover utilizing a fast car and some quick pit stops to climb up from his 30th ... Continue reading

Timken-Sponsored Team Rahal Wins at Milwaukee

Timken-Sponsored Team Rahal Wins at Milwaukee

Jourdain leads CART Series CANTON, Ohio, June 2 -- Michel Jourdain, Jr. dominated the Milwaukee Mile Centennial 250 Saturday night, setting a Champ Car World Series record of 234 laps led, and posting his first career win. The victory vaulted the Team Rahal Gigante driver into the Champ Car championship lead by ten poi ... Continue reading

Rochester-Area Ford Dealers Celebrate Ford's Centennial By Donating Vans to the Boys and Girls Club of Rochester And the Hickok Center for Brain Injury

Rochester-Area Ford Dealers Celebrate Ford's Centennial By Donating Vans to the Boys and Girls Club of Rochester And the Hickok Center for Brain Injury

WHO: Mayor William A. Johnson, Jr. Joe Castelli, Director, Commercial Truck Sales and Marketing, Ford Motor Company Dan Edwards, representing the Rochester area Ford Dealers Dwayne Mahoney, executive director, Boys and Girls Club of Rochester, Inc. Nancy Peers, executive director, Hickok Center for Brain Injury, Inc. J ... Continue reading

PPG Introduces Visions at a Glance Software, New Color Preview Tool for Architects, Designers

PPG Introduces Visions at a Glance Software, New Color Preview Tool for Architects, Designers

PITTSBURGH--June 2, 2003--Pittsburgh Paints has unveiled Visions at a Glance(TM) CD-based software which allows homeowners, as well as painting contractors and architects, to preview paints and color schemes until they find the colors and combinations they like best. The Visions at a Glance CD enables the software prog ... Continue reading

Car Rental Direct, Inc. Defaults on Ford Forbearance Agreement and Release

Car Rental Direct, Inc. Defaults on Ford Forbearance Agreement and Release

LOS ANGELES--June 2, 2003--MAII Holdings, Inc. (PK:MAII) today announced that its subsidiary Car Rental Direct, Inc. (PK:CRDH) (the "Company" or "CRD") has defaulted on its Forbearance Agreement and Release (the "Agreement and Release") with Ford Motor Credit Company ("Ford"). Since the default, CRD has attempted to re ... Continue reading

Cummins Westport receives first order for B LPG Plus Propane Engine

Cummins Westport receives first order for B LPG Plus Propane Engine

VANCOUVER, June 2 -- Cummins Westport Inc. (CWI) announced today that it has received its first order for the B LPG Plus propane engine that was commercially launched on May 15, 2003. California's Ontario International Airport has ordered 20 Cummins Westport 195-horsepower B LPG Plus engines using liquid petroleum gas ... Continue reading

DMV and Attorney General's Office Announce Suit against Vehicle Charity

DMV and Attorney General's Office Announce Suit against Vehicle Charity

SACRAMENTO, Calif.--June 2, 2003--The California Department of Motor Vehicles and the California Attorney General's Office today announced the filing of a civil suit against Cars 4 Causes, a charity operating from locations in Pacoima, Oxnard, San Diego and Santa Paula, Calif. Cars 4 Causes acts as a "referral" charity ... Continue reading

Mitsubishi Electric Develops 76 GHz Band mm-wave MMICs for Automobile Radars; Total Chipset Solution by Electronic Beam Scanning for Greater Driving Safety

Mitsubishi Electric Develops 76 GHz Band mm-wave MMICs for Automobile Radars; Total Chipset Solution by Electronic Beam Scanning for Greater Driving Safety

TOKYO--June 2, 2003--Mitsubishi Electric Corporation (President and CEO: Tamotsu Nomakuchi) today announced it has developed eight unprecedented, high performance, total MMIC(1) chipset solution models by electronic beam scanning for 76GHz-band mm-wave radars that can help improve driving safety. Mitsubishi Electric pl ... Continue reading

Search The Auto Channel

The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.

The Auto Channel Content by Topic

Vehicle manufacturers and alt fuels.