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June 2003

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Monday, June 30, 2003

Edmunds.com Reports Automakers' True Cost of Incentives: Incentives at Highest Level in History

Edmunds.com Reports Automakers' True Cost of Incentives: Incentives at Highest Level in History

SANTA MONICA, Calif., June 30 -- Edmunds.com ( http://www.edmunds.com/ ), the premier online resource for automotive information, reported today that the average manufacturer incentive per vehicle sold in the United States was $2,532 in May 2003, up $606 or 31.5% from May 2002 and up $271 or 10.7% from April 2003. Indu ... Continue reading

Mercedes-Benz USA Extends Endorsement Contract With LPGA Superstar Annika Sorenstam

Mercedes-Benz USA Extends Endorsement Contract With LPGA Superstar Annika Sorenstam

MONTVALE, N.J., June 30 -- Mercedes-Benz USA (MBUSA) has extended its endorsement agreement with LPGA superstar Annika Sorenstam through 2005. The current agreement, which began at the "Battle at Bighorn" in July 2001, was scheduled to end this year. Terms of the extension were not released. "I am very proud to be part ... Continue reading

Lexus Cars Come to Life - Online

Lexus Cars Come to Life - Online

Luxury Automaker's New Web Site Features Moving Images, User-Friendly Features and New Look TORRANCE, Calif., June 30 -- Lexus, the nation's leading luxury automaker, introduces a newly redesigned Web site today featuring more user-friendly navigation and moving images that make the automaker's cars come to life online ... Continue reading

Toyota Fast Facts - Kansas

Toyota Fast Facts - Kansas

If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email /f ... Continue reading

1-800-Radiator Survey Reveals Older Hondas, Toyotas, and Chevys Show Highest Summer Boilovers

1-800-Radiator Survey Reveals Older Hondas, Toyotas, and Chevys Show Highest Summer Boilovers

BENICIA, Calif.--June 30, 2003-- Nationwide Survey Identifies Six Automobile Models Statistically Most Susceptible to Radiator Failure Older cars and pickup trucks are more likely to experience a radiator boilover this summer, and according to a recent survey, radiator failures among Honda Accords, Toyota Camrys, and C ... Continue reading

CASCAR - Cayuga Points and Wrap

CASCAR - Cayuga Points and Wrap

CASCAR Super Series For immediate release: June 30, 2003 Super Series points chase tightens following 'Dodge Canada Day Shootout, presented by MOPAR' HAMILTON, ON The CASCAR Super Series points standings got considerably tighter following the'Dodge Canada Day Shootout, presented by MOPAR' at Cayuga Speedway on Sunday e ... Continue reading

XM Radio Programming Awarded Highest Honors at 2003 New York Festivals

XM Radio Programming Awarded Highest Honors at 2003 New York Festivals

XM Music, Talk, Kids and Comedy Program Channels Singled Out for Excellence WASHINGTON, June 30 -- It was announced last week that XM Satellite Radio , America's leading satellite radio service, was awarded two Gold WorldMedals, one Silver WorldMedal and one Bronze WorldMedal in this year's 2003 New York Festivals comp ... Continue reading

AutoNation Appoints Two New Board Members

AutoNation Appoints Two New Board Members

FORT LAUDERDALE, Fla., June 30 -- AutoNation, Inc. , America's largest retailer of new and used vehicles, announced today that its Board of Directors has appointed Alan S. Dawes and Frederick J. Schwab as directors of the Company. These additions expand AutoNation's Board from eight to ten members. "We are very pleased ... Continue reading

Johnson Powers Stratus to First Pro Stock Final

Johnson Powers Stratus to First Pro Stock Final

Mopar Motorsports NHRA POWERade Drag Racing Series Sears Craftsman NHRA Nationals Gateway International Raceway ­ Madison, Illinois Elimination Notes & Quotes Johnson Pilots Dodge Stratus to First Pro Stock Final Stanfield to the Semifinals MADISON, Ill. (June 29, 2003) -- History will have to wait. But, maybe not for ... Continue reading

Nissan To Release All-New Presage

Nissan To Release All-New Presage

JapanCorp: <http://www.japancorp.net/?page_num=1> Nissan To Release All-New Presage Nissan <http://www.japancorp.net/topimg/Low_TQRider.jpg> Tokyo, Japan, June. 27, 2003 - (JCN Newswire) - Nissan Motor Co., Ltd. today announced that the fully redesigned Presage minivan will be released in the domestic market on July 24 ... Continue reading

CASCAR - Canada Day Shootout Summary & Results

CASCAR - Canada Day Shootout Summary & Results

CASCAR Super Series 'Dodge Canada Day Shootout, presented by MOPAR' For immediate release / June 29, 2003 Gibbons wins second straight Super Series race, in Sunday's 'Dodge Canada Day Shootout, presented by MOPAR' at Cayuga HAMILTON, ON Peter Gibbons collected his second consecutive CASCAR Super Series win, on Sunday e ... Continue reading

DaimlerChrysler Reorganizes: Truck Divisions Merge, Powersystems Disappears

DaimlerChrysler Reorganizes: Truck Divisions Merge, Powersystems Disappears

FRANKFURT, Germany June 30, 2003; The AP reported that DaimlerChrysler AG on Monday announced a reorganization of its commercial vehicles division that will put product development under a single management team and break up its engines and parts business. At present, new vehicle development at the German-U.S. automake ... Continue reading

Barron's Says Advance Auto Parts Stock Overvalued

Barron's Says Advance Auto Parts Stock Overvalued

NEW YORK, June 29, 2003; Reuters reported that shares of Advance Auto Parts Inc. could fall 20 percent or more, according to an article in Barron's that said the prospects for the No. 2 U.S. parts retailer may not justify the recent run-up in its stock. Shares closed at $60.24, up 24 cents, in Friday New York Stock Exc ... Continue reading

Nissan Makes Sales Call On Peugeot Citroen Group To Sell Diesels

Nissan Makes Sales Call On Peugeot Citroen Group To Sell Diesels

TOKYO June 29, 2003; Dow Jones reported that Nissan Motor Co. has approached France's PSA Peugeot Citroen Group about using its large diesel engine to power U.S. light trucks and to support a possible launch of luxury cars in Europe, the Financial Times reported in its Monday overseas edition. The approach, which is at ... Continue reading

ARCA Truck release/results, Flat Rock Spdwy

ARCA Truck release/results, Flat Rock Spdwy

In ARCA Trucks, it's two in a Rowe FLAT ROCK MI (6-28-03) - By Don Radebaugh - Brian Rowe made it two wins a row on the ARCA Lincoln Welders Truck Series tour with a hard-fought victory in the Livernois Motorsports 100 Saturday night at Flat Rock Speedway. The Barboursville, West Virginia driver used patience and a pic ... Continue reading

Tokai Rika Purchases Canadian Seatbelt Manufacturer

Tokai Rika Purchases Canadian Seatbelt Manufacturer

TECUMSEH, Ontario, June 29 -- Tokai Rika Co., Ltd. and TRW Canada Limited have announced the purchase of TRW Canada's 60% interest in Quality Safety Systems (QSS), by a Canadian subsidiary of Tokai Rika. QSS employs 800 people in two plants in Ontario, Canada, and is a major supplier of seatbelts in North America, with ... Continue reading

BMW WilliamsF1 Team-European GP-Race

BMW WilliamsF1 Team-European GP-Race

European Grand Prix - RACE 29th June 2003 Weather: dry, air 25-26°C, track 30-35°C Nurburgring (GER). A one-two victory for the BMW WilliamsF1 Team at the Nurburgring as Ralf Schumacher won the European Grand Prix ahead of team-mate Juan Pablo Montoya. This is the second one-two for the BMW WilliamsF1 Team, the last ... Continue reading

Formula Ford 2000 Zetec Championship Race 1 Results Mid-Ohio

Formula Ford 2000 Zetec Championship Race 1 Results Mid-Ohio

LEXINGTON, OHIO - Race results from Sunday's 20-lap, 45.16-mile race at the Mid-Ohio Sports Car Course, with finishing position, starting position in parentheses, driver, hometown, car, laps and reason out. 1. (2), Tonis Kasemets, Mundelein, Ill., F2AVan Diemen Ford, 20. 2. (1), Westley Barber(R), Saffron Walden/Eng, F ... Continue reading

ARCA Truck top-10 points after Flat Rock

ARCA Truck top-10 points after Flat Rock

ARCA Lincoln Welders Truck Series Top-10 Points (After Flat Rock, 6-28-03) 1. Chad Guinn 720 2. Brian Rowe 675 3. Robbin Slaughter 655 4. Ron Wells 645 5. ... Continue reading

State Auto Mutual Special Committee Recommends Against Discussions with Shepard

State Auto Mutual Special Committee Recommends Against Discussions with Shepard

COLUMBUS, Ohio--June 29, 2003--Outside directors of State Automobile Mutual Insurance Company, constituted as a special committee to review takeover proposals advanced by investor Gregory M. Shepard of Bloomington, Ill., announced today their recommendation to the full State Auto Mutual board that the company not enter ... Continue reading

Georgia, Florida Drivers Take GTS and GT Class At Panoz GT Pro Series During Atlanta Grand Prix

Georgia, Florida Drivers Take GTS and GT Class At Panoz GT Pro Series During Atlanta Grand Prix

BRASELTON, Ga., June 29 -- ROAD ATLANTA -- David Barr of Duluth, GA, drove off with the GTS class trophy while late entry Gavin Riches from Naples, Florida, captured the GT cup during this morning's Panoz GT Pro Series event at the Atlanta Grand Prix here at Road Atlanta. The 25-lap event was punctuated with hard, comp ... Continue reading

BMW, Auberlen flag-to-flag in Speed Touring race at Road Atlanta

BMW, Auberlen flag-to-flag in Speed Touring race at Road Atlanta

BMW of North America, LLC Notes and Quotes Speed Touring World Challenge Round 4 Race Road Atlanta Braselton, Ga Sunday, June 29, 2003 Contact: Bill Cobb 215-295-3115 AUBERLEN AND BMW MOVE TO THE TOP OF THE TOURING STANDINGS WITH FLAG-TO-FLAG VICTORY AT ROAD ATLANTA Bill Auberlen, driving the No. 93 Turner Motorsport B ... Continue reading

NHRA Sunday: Warren Johnson loses a heartbreaker in Madison

NHRA Sunday: Warren Johnson loses a heartbreaker in Madison

Contact: Jon G. Knapp TMG Sports Marketing Phone: (704) 662-3121 jgknapp@tmgsports.net Final Results Warren Johnson loses a heartbreaker in Madison Event: Seventh annual Sears Craftsman Nationals Location: Gateway International Raceway Madison, IL Day/Date: Sunday June 29, 2003 After capturing the No. 1 qualifying posi ... Continue reading

Orbit Racing - Road Atlanta race

Orbit Racing - Road Atlanta race

tough race Orbit Racing finished ninth and 10th in the American Le Mans Series race at Road Atlanta after encountering problems with both cars. Peter Baron started the No. 43 YES Network Porsche 911 GT3 RS sixth on the GT grid set by practice times when qualifying was cancelled. He moved up to third in the first hour o ... Continue reading

Formula Ford 2000 Zetec Championship Race 2 Notes from Mid-Ohio

Formula Ford 2000 Zetec Championship Race 2 Notes from Mid-Ohio

Race 2 Notes from Mid-Ohio 2:45 PM &#8211; Cars have begun to form in the false grid. 2:45 PM &#8211; No. 37 Dona, No. 6 McDonough and No. Haynie are all expected to start, having repaired the damage sustained in race 1 earlier today. ... Continue reading

Pikes Peak 2, Mitsubishi 0

Pikes Peak 2, Mitsubishi 0

ProRally Team Suffers Season's First Loss CYPRESS, Calif., June 29 -- The sport of rally racing can be fickle at times and today, that proved true. Team Mitsubishi Motor Sports America, winner of every event in the SCCA ProRally Championship so far this season, had its first disappointment during today's Pikes Peak Int ... Continue reading

KASEMETS AND BARBER SPLIT WINS AT MID-OHIO

KASEMETS AND BARBER SPLIT WINS AT MID-OHIO

FOR IMMEDIATE RELEASE KASEMETS AND BARBER SPLIT WINS AT MID-OHIO LEXINGTON, OHIO (June 29, 2003) &#8211;Tonis Kasemets, of Mundelein, Ill. and Westley Barber, of Saffron, England, captured the wins for Rounds Five and Six of the 2003 Formula Ford 2000 Zetec Championship at the Mid-Ohio Sports Car Course. Completing the ... Continue reading

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