Cars and Computers - Thinking about Fun
Not only are cars getting smarter, they're also becoming more entertaining. Cabin-mounted VCRs have been around for several years, but this year, factory-installed rear-seat DVD entertainment centers (with LCD screens that fold down from the ceiling) are found in Honda's Odyssey minivan and GM's Chevy TrailBlazer, GMC ... Continue reading
Cars and Computers - Thinking about Safety
Entertainment technology may sound like great fun, but aren't you supposed to be keeping your eyes—and your mind—on the road? Lexus' LS 430 and Mercedes-Benz's S-Class, CL-Class, and new SL-Class models are available with laser- or radar-assisted cruise control systems that use the car's throttle and brakin ... Continue reading
Cars and Computers-Thinking about the Net
Recently General Motors' OnStar rolled out Virtual Advisor, a service that lets drivers use voice commands to check on local traffic, make phone calls, send and receive e-mail, access limited Web content, and even make dinner reservations. The company is currently field-testing a program called OnStar at Home that lets ... Continue reading
Cars and Computers - Thinking about Control
enlarge BMW CS1 For carmakers, integration of hightech features demands a new design language for interiors and new ideas about how drivers should interact with their vehicles. In the past, when a new function was added to a car, it required the addition of yet another backlit button on the center console. In the raref ... Continue reading
Cars That Think June 2002 By Glenn Derene Smarter, superwired autos can entertain you, protect you, and keep you in touch with the world in cool new ways. But watch out: It's getting harder to keep your eyes on the road It's complicated, the relationship we have with our cars. We smother them with attention, get angry ... Continue reading
When It Comes To Pickups and SUVs, All Wheel Positions Are Not Equal
GREENVILLE, S.C., July 3 -- What's the correct tire air pressure for large pickup trucks and SUVs? Careful, that can be a tricky question. Because tire air pressure is a function of tire size and load carrying capacity, it is quite possible that the rear tires will require a higher air pressure (greater psi or pounds p ... Continue reading
VW Mexico exports down 18 pct in first half of 2002
MEXICO CITY, July 3 Reuters reported that low demand in the United States translated to an 18.3 percent drop in exports in the first half of 2002 for Mexico's subsidiary of German automaker Volkswagen, the company said on Wednesday. Volkswagen, Mexico's biggest auto manufacturer, exported 136,830 units during the first ... Continue reading
Cadillac and New England Patriots Super Bowl XXXVI MVP Tom Brady
FOR RELEASE: July 3, 2002 Patriots Quarterback To Be Featured In New England Cadillac Advertising PURCHASE, N.Y. - Cadillac and New England Patriots Super Bowl XXXVI MVP Tom Brady have reached an endorsement agreement. As a result, Brady will appear in advertising and promotions, as well as make personal appearances on ... Continue reading
From The Horses Mouth: Francis Announces Resignation From Ford
DEARBORN, Mich., July 3 - Karen C. Francis, a company vice president and president and CEO of ConsumerConnect, announced today she is leaving Ford Motor Company on Aug. 1 to pursue other opportunities. She will become a consultant to Ford on e-business related activities. Francis, 39, came to Ford in 2001 from Internet ... Continue reading
Toyota Canada breaks all-time sales records in June
TORONTO, July 3 /CNW/ - Toyota Canada Inc. (TCI) had its best-ever first- half sales in 37 years of selling vehicles in Canada, with year-to-date sales of 78,962, up 23.6 percent over last year's first six months. June sales set a new record for the month, with total retail sales of Toyota and Lexus cars and trucks rea ... Continue reading
CANADIAN LANDROVER RETAILERS REPORT STRONG DEMAND
IRVINE, Calif., July 3 /CNW/ - Britain's Land Rover has the season's automotive smash hit on its hands. The 2003 Range Rover went on sale June 1 and promptly rolled over the previous one month Range Rover sales record by 150 percent. Land Rover retailers delivered 1223(x) Range Rovers in June, eclipsing the previous on ... Continue reading
Range Rover leads Aston Martin Jaguar Land Rover Canada to record sales in June
BRAMALEA, ON, July 3 /CNW/ - Aston Martin Jaguar Land Rover Canada today announced an increase in sales for the month of June of 115 per cent, compared with the same month last year. The organization's year-to-date sales totaled 2,430 vehicles sold, up 82 per cent, compared with the same period last year. Jaguar report ... Continue reading
New Range Rover Smashing Records; US Land Rover Retailers Report Strong Demand
IRVINE, Calif., July 3 -- Britain's Land Rover has the season's automotive smash hit on its hands. The 2003 Range Rover went on sale June 1 and promptly rolled over the previous one month Range Rover sales record by 150 percent. Land Rover retailers delivered 1223* Range Rovers in June, eclipsing the previous one-month ... Continue reading
IRVINE, Calif., July 3 -- Blistering seat of the pants driving, ... razor sharp handling, ... exhilarating acceleration, ... in a Volvo? Yes! Volvo's new S60R brings high-tech, horsepower and safety into a complete performance sedan. Who else but Volvo could provide performance without compromising the legendary safety ... Continue reading
Ford Brings Back Interest-Free Loans
DETROIT Reuters is reporting that Ford,is following the lead of cross-town rival General Motors Corp. and is reviving interest-free loans to lure customers into showrooms amid an uncertain economic climate. The announcement came just one day after GM, the world's largest automaker, said it was reintroducing the "zero p ... Continue reading
Ford Canadian Sales Up 6% in June
OAKVILLE, ON, July 3 /CNW/ - Canadians purchased 30,168 new Ford and Lincoln vehicles in June, up 6.2 per cent compared to the same month last year. Strong June sales helped to lift Ford of Canada's half-year results by 4.4%, the fifth best January-to-June period in company history. June car sales rose by 8.5 per cent ... Continue reading
Argentine auto output down 46 pct in June yr/yr
BUENOS AIRES, Argentina, July 3 Reuters reported that Argentina's national auto output fell 46 percent in June from the same month a year earlier, as one of the hardest-hit sectors of the ailing economy since a recession began in mid-1998 continued to contract, an industry group said on Wednesday. Industry group ADEFA ... Continue reading
Ford “Lutzes”* Francis, will dismiss e-commerce chief
DEARBORN -- The Detroit News reported, that according to company sources Ford Motor Co. plans to dismiss Karen Francis, once considered a rising star in the auto industry, who now heads the automaker's shrinking e-commerce division. They went on to report that Francis, 39, was informed several weeks ago that her job wa ... Continue reading
Siemens VDO Automotive Appoints Rahbar to Lead Electric Motor Drives Division
AUBURN HILLS, Mich., July 3 Siemens VDO Automotive today announced Mehran Rahbar will lead the company's Electric Motor Drives division, based in Wurzburg, Germany. He succeeds Dominic Desi who is retiring from this position. Rahbar now is responsible for the division's global business operations, including the expansi ... Continue reading
Kid Behind the Wheel: Buying a Car for Your Teen
MINNEAPOLIS & ST. PAUL, Minn.--July 3, 2002--It's summertime...The kids are out of school, frantically looking for activities to occupy their plentiful free time. But getting to these summer activities would be so much easier if they only had a set of wheels. If you have a teen with a driver's license, you know it's on ... Continue reading
IIHS Crash Test Videos - From Progressive Insurance
You & Your Vehicle > Vehicle Safety > Crash Test Videos Crash Tests Conducted by the Insurance Institute for Highway Safety (IIHS) 40 mph | 5 mph | Side Impact 40 mph Crash Tests Consumers worldwide now have access to full-motion video results of the IIHS high-speed frontal offset crash tests for popular 2000 and 2001 ... Continue reading
ATLANTA, July 2 /CNW/ -- Porsche Cars North America, Inc., (PCNA), importer and distributor of Porsche sports cars, today announced Canadian retail sales for June totaled 151 cars, 15 percent more than in the same period last year, making it the best June in history for Porsche in Canada. In addition, Porsche 911 sales ... Continue reading
Chrysler Announces Pricing for Powered Up 2003 PT Turbo
AUBURN HILLS, Mich., July 2 Chrysler PT Cruiser customers impressed with the new PT Turbo's added power will be equally impressed with the price. Chrysler announced pricing today for the 2003 Chrysler PT Turbo, which will feature a base Manufacturer Suggested Retail Price (MSRP) of $22,290. The new 2003 Chrysler PT Tur ... Continue reading
Audi Canada Records Best June Ever
AJAX, ON, July 2 /CNW/ - To date, Audi has retailed 3,531 units, an increase of 537 vehicles or 17.9 % over the 2,994 cars sold in the same period last year. ... Continue reading
Jetta Continues as Best Selling Volkswagen In Canada
AJAX, ON, July 2 /CNW/ - The Volkswagen Jetta continues to be Volkswagen's best selling car in June with 2,124 units sold. The Jetta Line up will be expanding with the introduction of the Jetta Wagon, set to arrive in dealerships later this month. Volkswagen Canada sales in June reached 3,964 vehicles, compared with 4, ... Continue reading
Toyota Sienna Minivan Prices Remain Unchanged for 2003 Model Year
TORRANCE, Calif., July 2 -- Toyota Motor Sales (TMS), U.S.A., Inc., released manufacturer's suggested retail prices (MSRP) today for the 2003 Sienna minivan, which arrives at dealer showrooms beginning today. For 2003, Sienna retains its excellent value with base prices for all models remaining the same as last year. T ... Continue reading
DaimlerChrysler's Plymouth becomes a U.S. rarity
July 3, 2002 Bloomberg news reported that DaimlerChrysler AG sold no Plymouth cars or trucks in the U.S. last month, marking the 74-year-old brand's shift from low-price model to collector's item. Chrysler Group said June was the first month of no Plymouth sales since the automaker announced in 1999 it was discontinuin ... Continue reading
New boss faces tough job at Ford's luxury unit
July 2, 2002 REUTERS reported that they feel that Ford Motor Co's Mark Fields faces a tricky balancing act in his new role as head of the group's luxury unit, as he tries to cut costs through more parts sharing while preserving the identity of each brand in his care. As the world's second-biggest car company struggles ... Continue reading
Landmark emissions measure puts all eyes on California governor
July 3, 2002 The AP reports that right in the middle of his re-election campaign, Gov. Gray Davis must decide whether to sign a California bill that would make the nation's largest auto market the first to limit tailpipe emissions of carbon dioxide. The freshman Democrat is under intense pressure to veto the bill from ... Continue reading
Nissan, Chrysler, Hyundai recall vehicles
July 3, 2002 REUTERS reported that U.S. auto safety officials said yesterday that Nissan Motor Co. Ltd. would recall 161,000 cars to fix an electrical part that could start a fire. The U.S. National Highway Traffic Safety Administration said a diode used in alternators on 1997 Nissan Maxima, Infiniti I30 and Q45 sedans ... Continue reading
Fiat's June Italian car sales slump 30.5 percent
MILAN, July 3 Reuters reported that Italy's Fiat saw car sales in its key domestic market slump 30.5 percent year-on-year in June, spelling more bad news for its struggling auto unit which the company says it might sell in 2004. Figures released by the Transport Ministry on Wednesday showed Fiat's share of the Italian ... Continue reading
Highway Checkpoint Strikeforce Debuts for July Fourth Holiday;
Multi-State Blitz to Enforce Laws Against Impaired Driving Checkpoint Strikeforce, a coalition including the National Highway Traffic Safety Administration (NHTSA) and state and local transportation and law enforcement agencies from the mid-Atlantic states, today announced the launch the region's first state-through-st ... Continue reading
Two Pioneers of Environmental Economics are Awarded the 2002 Volvo Environment Prize
GOTEBORG, Sweden, July 3, 2002 (PRIMEZONE) -- The 2002 Volvo Environment Prize is awarded to Professor Sir Partha Dasgupta and Professor Karl-Goran Maler, two economists of international distinction, for their outstanding and pioneering contributions to several fields of environmental and resource economics. Together t ... Continue reading
Delphi to Provide Safety Technologies for Infiniti Pro Series
Accident Data Recorder Technology and Track Condition Radio To Provide Critical Information to Enhance Safety TROY, Mich., July 3 -- On July 7, 2002, Infiniti Pro Series racecars will take to the track at the Kansas Speedway for the league's inaugural race. Delphi Corporation's safety technologies will help ensure a hi ... Continue reading
Volkswagen to make small car in China, calm on euro
TOKYO, July 3 Reuters reported that Volkswagen AG , Europe's biggest automaker, said on Wednesday it would launch a small car in China in the coming year to protect its dominant share of a market it expects to double in size within five years. Volkswagen has seen its share of the Chinese market fall below 50 percent be ... Continue reading
AUBURN HILLS, Mich., July 3 -- Parents will soon have a new resource for free child safety seat inspections under a national program being launched by Audi of America, Inc. and Volkswagen of America, Inc. The program, called Sit Safe, is a partnership between the automaker and its dealers, through which employees at mo ... Continue reading
GM Announces New "Summerdrive" Marketing Program 0.0% Financing is Back!
FOR RELEASE: July 2, 2002 GM Announces New "Summerdrive" Marketing Program0.0% Financing is Back! Detroit -- General Motors Corp. today announced "Summerdrive," the latest of GM's simple, compelling retail marketing programs. Effective today, GM will offer customer cash or APR financing rates of up to 0.0/0.0/0.0% (36/ ... Continue reading
So Much For Denial: Financial Times Reports - Fiat Sees Possible Auto Sale to GM
Jane Barrett reporting for Reuters said that Fiat Chairman Paolo Fresco on Tuesday gave the strongest signal yet that the once dominant carmaker is thinking seriously about selling its loss-making auto unit to U.S. partner General Motors Corp . In an interview with the Financial Times, Fresco said Fiat was "fully commi ... Continue reading
Sheehan Motor Racing Wins Round 3 of the U.S. Touring Car Championship at Summit Point Raceway
FOR IMMEDIATE RELEASE: July, 2002 Sheehan Motor Racing Wins Round 3 of USTCC at Summit Point Raceway Gary Sheehan took the victory in an abbreviated race at Summit Point Raceway in his Subaru of America sponsored WRX. Gary Hutto finished in 2nd place driving the Global Motorsports Group BMW 328i and David Lang claimed ... Continue reading
ANDY BRUMBAUGH MID-OHIO RACE REPORT
FOR IMMEDIATE RELEASE ANDY BRUMBAUGH MID-OHIO RACE REPORT BLYTHEWOOD, S.C. (June 30, 2002)—Round Eight of the Formula Ford 2000 Zetec Championship was a tough race for the Ohio born Andy Brumbaugh. Starting eighth, Brumbaugh was involved in an incident early in the race. Driving the No. 86 EMX/Van Diemen, Brumbau ... Continue reading
ANOTHER EXCELLENT RESULT FOR URLIN
FOR IMMEDIATE RELEASE ANOTHER EXCELLENT RESULT FOR URLIN London, Ont., Can. (June 30, 2002) -Race driver JW Urlin, of London, Ont., Can., finished fourth in the latest round of the Formula Ford 2000 Zetec Championship at the Mid-Ohio Sports Car Course, near Lexington, Ohio. After a slow start to the season, the eightee ... Continue reading
TEAM LOWE'S RACING IS POISED FOR A STRONG SECOND HALF Johnson and crew hope to see similar results in their second visit to Daytona DAYTONA BEACH, Fla. (July 2, 2002) -- Team Lowe's Racing and rookie driver Jimmie Johnson, driver of the No. 48 Lowe's Home Improvement Warehouse Chevrolet, are hoping to see a replay of t ... Continue reading
FunTech, Quaife Join List of Approved Daytona Prototype Constructors
EDITORS NOTE: The latest Daytona Prototype renderings are available on the Grand American media-specific website at www.grand-am.com/media. Additional information may be requested from: Grand American Road Racing Association Christie Hyde (386) 681-4182; email: CHyde@grand-am.com *************************************** ... Continue reading
Dodge NASCAR Winston Cup Notes, Quotes-Pepsi 400 Preview Sterling Marlin
Tuesday, July 2, 2002 Ray Cooper Winston Teleconference Highlights Golin/Harris International Dodge notes and quotes. 803-466-9085 Pepsi 400 Advance Material STERLING MARLIN (No. 40 Coors Light Dodge Intrepid R/T) "It's good to be in the lead. We've been there since Rockingham. I was listening to the bonus we could get ... Continue reading
Jeremy Mayfield -- Daytona Preview
<<ole0.bmp>> Kristine Curley Golin/Harris 704.924.9404 JEREMY MAYFIELD NO. 19 DODGE DEALERS INTREPID R/T DAYTONA PREVIEW RACING AT DAYTONA "It's hard to believe that it's already July and we're back at Daytona. We did pretty well in February for our first time together and my first time in a Dodge. We had a good run in ... Continue reading
Bill Elliott -- Daytona Preview
<<ole0.bmp>> Kristine Curley Golin/Harris 704.924.9404 BILL ELLIOTT NO. 9 DODGE DEALERS INTREPID R/T DAYTONA PREVIEW THOUGHTS ON DAYTONA "Daytona is always a big race no matter if you're talking about the 500 or the July race. You just never know though. You can move up or back so fast that you can't really predict how ... Continue reading
REDEMPTION ON GORDON'S MIND AT DAYTONA
FOR IMMEDIATE RELEASE FURTHER INFO: Jon Edwards Performance PR Plus (704) 377-8727 Pprplus50@aol.com REDEMPTION ON GORDON'S MIND AT DAYTONA DAYTONA BEACH, Fla. - Don't expect Jeff Gordon to make the same mistake twice at Daytona. Gordon, who is driving a special DuPont/Pepsi Chevrolet this Saturday night, was leading t ... Continue reading
Grand-Am Cup Street Stock Series Latest Point Standings Reveal New Leaders
EDITORS NOTE: Results and photos are available on the Grand American media-specific website at www.grand-am.com/media. Additional information may be requested from: Grand American Road Racing Association Christie Hyde (386) 681-4182; email: CHyde@grand-am.com *********************************************************** ... Continue reading
CONTACT: Nealie Hamilton, Chip Ganassi Racing, 704/662-9642, nhamilton@ganassi.com FOR IMMEDIATE RELEASE July 2, 2002 JIMMY SPENCER TARGET CHIP GANASSI RACING with FELIX SABATES #41 TARGET DODGE INTREPID R/T PRE-RACE REPORT: PEPSI 400 EVENT: Pepsi 400 (race #17 of 36) Daytona International Speedway, 2.5-mile tri-oval D ... Continue reading
CONTACT: Nealie Hamilton, Chip Ganassi Racing, 704/662-9642, nhamilton@ganassi.com FOR IMMEDIATE RELEASE July 2, 2002 STERLING MARLIN COORS CHIP GANASSI RACING with FELIX SABATES #40 COORS LIGHT DODGE INTREPID R/T PRE-RACE REPORT: PEPSI 400 EVENT: Pepsi 400 (race #17 of 36) Daytona International Speedway, 2.5-mile tri- ... Continue reading
Dave Blaney...Mid-Season Notes (#77 WC)
JASPER MOTORSPORTS DAVE BLANEY - #77 JASPER ENGINES & TRANSMISSIONS FORD TAURUS PEPSI 400-DAYTONA INTERNATIONAL SPEEDWAY (July 6, 2002) a.. DAVE BLANEY and the #77 Jasper Engines & Transmissions Ford team enter the Pepsi 400 at Daytona International Speedway (DIS) ranked 19th in the NASCAR Winston Cup Series standings, ... Continue reading
Infineon Raceway Names New Senior Marketing Manager
Contact: John Cardinale Infineon Raceway (707) 938-8448 X107 Infineon Raceway Names New Senior Marketing Manager SONOMA, Calif. (IMMEDIATE RELEASE) - Daniel Cooper has been named Senior Marketing Manager at Infineon Raceway, it was announced by raceway officials. Cooper, 34, will be responsible for event marketing, inc ... Continue reading
Leitzinger Quickest In Practice at Daytona
Leitzinger Quickest In Practice at Daytona DAYTONA BEACH, Fla. (July 2, 2002) -- Following the second practice session for the Jani-King Paul Revere 250 this afternoon the #20 Ford-powered Riley & Scott of the Dyson Racing Team leads the field with the fastest lap time. Butch Leitzinger was behind the wheel of the Ford ... Continue reading
Vanderwyst Motorsports / EXIDE Racing - Cayuga Report
Vanderwyst Motorsports / EXIDE Racing For immediate release: July 2, 2002 Cut tire drops Vanderwyst from 9th at Cayuga LONDON, ON - Although the final race result wasn't what he'd hoped for, Pete Vanderwyst drew a lot of satisfaction from the major role his Vanderwyst Motorsports team played in making the 'Canada Day S ... Continue reading
Daytona International Speedway qualifying, July 2, 2002 seventh pole Rand Racing qualified first and second in the SRPII class for Thursday's Rolex Sports Car Series race at Daytona International Speedway in Daytona Beach, Fla. Terry Borcheller of Phoenix took the class pole position in the No. 8 Nissan Lola with a tim ... Continue reading
Detroit Boosts Incentives to Lure Buyers
DETROIT, July 2 Reuters is reporting that Detroit automakers boosted incentives to lure more buyers into showrooms on Tuesday, escalating a punishing industry price war even as they reported a rebound in U.S. auto sales in June from a surprising slump in May. General Motors Corp., the world's largest automaker, took th ... Continue reading
Rolex 24 Winner Captures Jani-King Paul Revere 250 Pole
EDITORS NOTE: Results and photos from today's practice and qualifying sessions are available the Grand American media-specific website at www.grand-am.com/media. Additional information may be requested from: Grand American Road Racing Association Christie Hyde (386) 681-4182; email: CHyde@grand-am.com ***************** ... Continue reading
CSK Auto Corporation Completes Common Stock Offering
PHOENIX, July 2 CSK Auto Corporation today announced the completion of an offering of 9,478,300 shares of its common stock, consisting of 6,878,300 newly issued shares sold by the Company and 2,600,000 shares sold by Glenellen Investment Co., one of the Company's stockholders and a member of the Carmel Group. The share ... Continue reading
Suzuki to supply 3 ATV models to Kawasaki
NEW YORK, July 2 Reuters reported that in a move to expand ties and cut costs, the U.S. unit of Suzuki Motor Corp said on Tuesday it plans to supply three all-terrain vehicle (ATV) models for the North American market to Kawasaki Heavy Industries Ltd (Tokyo:7012.T - News), on an original equipment manufacturer (OEM) ba ... Continue reading
Renault lukewarm on benefits of Covisint exchange
PARIS, July 2 Reuters reports that Renault SA said it has seen some benefits from online automobile industry exchange Covisint LLC, but some key aspects of the system have failed even to get off the ground, the French carmaker's chairman said on Tuesday. "One of the promises made about Covisint was that there would be ... Continue reading
DETROIT, July 2 Reuters did the math and compiled this report: Following are U.S. sales and market shares of cars and light trucks listed by auto groups and their wholly owned subsidiaries for June versus the same year-earlier month and for the year-to-date. Percent changes are based on the daily sales rate. ... Continue reading
Gulf States Toyota to Offer XM Satellite Radio As an Option at All 141 Dealerships
WASHINGTON, July 2 Gulf States Toyota, one of the nation's top Toyota distributors, will offer XM Satellite Radio, the nation's leading satellite radio service, as a dealer-installed option on all vehicles sold at its 141 dealerships beginning July 17. "We're delighted that Gulf States will offer XM to its customers, t ... Continue reading
The Budweiser Autosport 2002 Show will broadcast live from McGilvery's Speedway beginning at 7:00 pm. Scheduled guests... Tomas Scheckter... driving the Red Bull Cheever Racing #52 Dallara/Infiniti/ Firestone Tomas drove an outstanding race in this past weekends SunTrust 250 on the very demanding 3/4 mile Richmond Inte ... Continue reading
Carlisle Companies Announces Date for Second Quarter Earnings and Teleconference
CHARLOTTE, N.C.--July 2, 2002--Carlisle Companies Incorporated will be announcing second quarter earnings on Monday, July 15, 2002, after close of market by way of a publicly distributed press release. A teleconference to discuss second quarter results will be held on Tuesday, July 16, 2002, at 11:00 am (Eastern). Spea ... Continue reading
Honda CR-V, Land Rover Freelander SUVs worst in bumper test
DETROIT, July 2 Reuters is reporting that Honda Motor Co. Ltd.'s CR-V and Ford Motor Co.'s Land Rover Freelander sustained the most damage in low-speed crash tests on four small sport utility vehicles in a study released on Tuesday by an insurance industry research group. The Honda CR-V sustained damage totaling $6,607 ... Continue reading
Rent-A-Wreck Announces Earnings for Its Fiscal Year Ended March 31, 2002
OWINGS MILLS, Md.--July 2, 2002--Rent-A-Wreck of America, Inc. (NASDAQ SMALLCAP-RAWA) announced earnings for its fiscal year ended March 31, 2002. For the fiscal year ended March 31, 2002, total revenue was approximately $7.0 million, a 3% increase over 2001 fiscal year revenue of approximately $6.8 million. The Compan ... Continue reading
Viasystems Group, Inc. Reaches Agreement in Principle On Its Recapitalization
ST. LOUIS--July 2, 2002-- Proposed recapitalization would reduce debt by approximately $715 million, eliminate more than $70 million in annual interest expense Viasystems Group, Inc. today announced that the Company has reached an agreement in principle with the Steering Committee of the Bank Credit Facilities, Hicks, ... Continue reading
AutoWeek Online Ranked First Among Car Magazine Websites
DETROIT--July 2, 2002--AutoWeek Online, the official website of AutoWeek magazine, has the highest traffic ranking of any car magazine website according to Alexa Web Search, an Internet search engine. The overall ranking info, as of July 1, 2002, is based on three months of historical traffic data and is a combined mea ... Continue reading
Kia Motors June sales down 11.8 pct
SEOUL, July 2 Reuters reported that South Korea's second largest vehicle maker Kia Motors Corp said on Tuesday its June sales fell 11.8 percent from a year earlier to 70,359 units. Exports in June fell 20.3 percent to 35,353 units from the same month last year, while domestic sales were down 1.0 percent to 35,006 units ... Continue reading
CLUB MED "VACATION ON US" UPDATE Monday, July 1, 2002 Dear Travel Professionals: Thanks for your overwhelming support of Club Med this summer. It's been unanimous, Travel Agents loved Our "Vacation On Us" Program"! SOLD OUT! Club Med has booked over 2000 travel professionals to our North American villages for FREE summ ... Continue reading
Warrantech Reinsurance Program Growing Rapidly
EULESS, Texas--July 2, 2002-- Company's Automotive Business Up 26 Percent Year-to-date in 2002 New Product Popular with Large Auto Dealers Warrantech Corporation (OTCBB:WTEC), a leader and innovator in administering service contracts and extended warranties for automobiles, recreational vehicles and other consumer prod ... Continue reading
Eaton Announces Live Webcast of Second Quarter, 2002 Conference Call
CLEVELAND--July 2, 2002--Diversified industrial manufacturer Eaton Corporation today said it will be hosting a conference call on Monday, July 15, 2002, beginning at 10:00 a.m. EDT. The purpose of the call is to discuss second quarter, 2002 earnings results with security analysts and institutional investors. The call w ... Continue reading
Press Release Issued July 2, 2002 9:14:00 AM ET Federal-Mogul Appoints Iwona Niec Villaire Staff Attorney Full text of this press release available at: http://www.prnewswire.com/cgi-bin/micro_stories.pl?ACCT=no& amp;TICK=FMO&STORY=/www/story/07-02-2002/0001757625& ;EDATE ----------------------------------- Additional i ... Continue reading
TROY, Mich.--July 2, 2002-- Leading Engineering Technologies & Services Provider To Deliver Interactive Product Content Management (iPCM) Solutions To Manufacturing Sector FISHER/UNITECH, a leading engineering technologies firm serving the Great Lakes region, announced that it has formed a partnership with EON Reality, ... Continue reading
Wescast Earns ISO/TS 16949 Certification
BRANTFORD, ONTARIO--July 2, 2002--Wescast Industries Inc. (TSX:WCS.A) has received ISO/TS 16949 certification at all five of its Ontario manufacturing facilities. The certification recognizes Wescast's strong commitment to customer requirements and quality. The ISO/TS 16949 standard is an ISO Technical Specification al ... Continue reading
Chairman Says Fiat Sale to GM Likely
Fiat Chairman Tells Newspaper That Auto Business Sale to GM in 2004 Likely ROME,July 2,2002- AP reported that the chairman and chief executive of troubled industrial group Fiat SpA says the most likely option for its auto business is that the money-losing operation will be sold to General Motors in 2004, the Financial ... Continue reading
Newtech Introduces Its Full Contact Disc Brake to The Urban Bus Market
BLAINVILLE, Quebec, July 2 NewTech Group International Inc. announced today that it has been awarded a contract to adapt its full contact disc brake to the ZF drop axles used on the Nova Bus low-floor busses owned by the Societe de Transport de Montreal. The work on this contract will start in August 2002. The impact o ... Continue reading
Point Of View: 'Protect' the Truck with a Spray-On Bedliner? Consumers May Face Nasty Surprises
PORTAGE, Wis., July 2 -- Look before you spray. That's the warning to light-truck owners considering protecting their truck beds with a "spray-on" bedliner. Recent studies, and the experiences of truck owners across North America, demonstrate that vehicle protection is a key shortcoming of this expensive new category o ... Continue reading
Name Change of Colonel's Truck Accessories to Rugged Liner Inc.
OWOSSO, Mich., July 2 Sports Resorts International, Inc. (the "Company") announces that on June 26, 2002 the Company's Board of Directors unanimously approved the name change of its wholly-owned subsidiary, The Colonel's Truck Accessories, Inc. (CTA) to Rugged Liner, Inc. The Board of Directors approved the name change ... Continue reading
AWDA Finalizes Plans for 2002 Annual Business/Education Conference
Research Triangle Park, N.C. -- The Automotive Warehouse Distributors Association (AWDA) returns to Las Vegas for its 55th Annual Business/Education Conference as part of Automotive Aftermarket Industry Week (AAIW) -- giving members the opportunity to participate in both the AWDA one-on-one private meetings and AAIW ac ... Continue reading
BDO International Selected as Auditor for SDC International and Its Czech Subsidiary, Tatra. a.s.
WEST PALM BEACH, Fla.--July 2, 2002--SDC International ("SDC") (OTC:SDCN) today announced that it has selected international accounting firm BDO International to serve as the independent auditor for SDC and its subsidiary Tatra a.s. The execution of the engagement agreement ends a search conducted by SDC, which began A ... Continue reading
Tech/Ops Sevcon Announces the Appointment of Grant Thornton as Independent Auditor
BURLINGTON, Mass.--July 2, 2002--Tech/Ops Sevcon, Inc. (AMEX symbol TO) announced that it had appointed Grant Thornton LLP as the Company's independent auditor for fiscal 2002. This appointment followed a thorough evaluation and unanimous approval by the Company's board of directors. Prior to this selection, Tech/Ops S ... Continue reading
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