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July 2003

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Thursday, July 31, 2003

2004 Nissan Maxima Review

2004 Nissan Maxima Review

2004 Nissan Maxima Base price: $27,490 Price as tested: $31,040 EPA mileage: 20 city/ 28 highway By Des Toups The new Nissan Maxima doesn't just want your attention; it's begging for it. Big wheels. Skylights. Dramatically arched profile. A nose that’s … avant-garde, to put it kindly. ... Continue reading

"The Pause Is Over" Much Stronger Auto Market In Near Future

"The Pause Is Over" Much Stronger Auto Market In Near Future

DETROIT July 31, 2003; Sholnn Freeman writing for the WSJ reported that a much-stronger U.S. auto market is emerging amid signs of an accelerating economic recovery, said economists who track the industry. David Littmann, chief economist at Detroit Bank Comerica Inc., said the auto picture is brightening dramatically d ... Continue reading

AutoZone to Present at Upcoming Investor Conference

AutoZone to Present at Upcoming Investor Conference

MEMPHIS, Tenn., July 31 -- AutoZone, Inc. will be making a presentation to the investment community at the JPMorgan/Harbour Auto Conference on Wednesday, August 6, 2003, beginning at 3:15 P.M. EDT. A copy of the presentation will be available online in the Investor Relations section of www.autozone.com. As of May 10, 2 ... Continue reading

Checkers(R)/Rally's(R) Franchisee of the Year to Wave Green Flag at NASCAR(R)'s Brickyard 400(R) at the Indianapolis Motor Speedway

Checkers(R)/Rally's(R) Franchisee of the Year to Wave Green Flag at NASCAR(R)'s Brickyard 400(R) at the Indianapolis Motor Speedway

Double Drive-Thru Company Rewards Franchisee with Exclusive Honor TAMPA, Fla., July 31 -- Checkers Drive-In Restaurants, Inc., , the nation's largest double drive-thru chain and Official Burger of the Brickyard 400(R), today announced that Checkers(R)/Rally's(R) Franchisee of the Year, Larry Rockwell, will wave the gre ... Continue reading

DaimlerChrysler Partners With U.S. Paralympics

DaimlerChrysler Partners With U.S. Paralympics

"Freightliner Sprinter Vans to be 'Official Vehicle Sponsor' of the U.S. Paralympic Team" AUBURN HILLS, Mich., July 31 -- DaimlerChrysler has entered into a sponsorship agreement with the U.S. Paralympics to serve as an official sponsor of the 2004 U.S. Paralympic Team. The company's Freightliner Sprinter vans will ser ... Continue reading

DECOMSYS and ARM Announce New Automotive Prototyping Platform with FlexRay Support

DECOMSYS and ARM Announce New Automotive Prototyping Platform with FlexRay Support

VIENNA, Austria and CAMBRIDGE, England, July 31 -- DECOMSYS, the FlexRay Solution provider, and ARM , the industry's leading provider of 16/32-bit embedded RISC processor solutions, today announced the availability of a new prototyping platform for the FlexRay standard and other automotive interconnect standards such a ... Continue reading

Doubling Sales Nearly Put Small Auto-Parts Specialist Out of Business Until New Software Came to the Rescue

Doubling Sales Nearly Put Small Auto-Parts Specialist Out of Business Until New Software Came to the Rescue

FALLS CHURCH, Va., July 31 -- With sales doubling each year, trying to keep track of an increased volume of inventory, orders, and customers at Mach V Motorsports (Falls Church, VA) nearly put this eight- person performance auto parts supplier out of business. Mach V Motorsports outgrew its basic QuickBooks accounting ... Continue reading

eMax's Subsidiary Freedom Entertainment International, Inc. Sets Up New Offices In Montreal

eMax's Subsidiary Freedom Entertainment International, Inc. Sets Up New Offices In Montreal

ORLANDO, Fla., July 31 -- Freedom Enterprises, a Canadian subsidiary of Freedom Entertainment International, Inc. and partly owned by eMax Corporation (OTC Pink Sheets: EMAX) has recently established new offices in Montreal, Canada. Freedom Enterprises, a newly formed division of Freedom Entertainment, Inc., this year ... Continue reading

Energy Conversion Devices Implements Major Initiatives to Reduce Cost and Increase Revenue

Energy Conversion Devices Implements Major Initiatives to Reduce Cost and Increase Revenue

Company cites need to accelerate commercialization of its products and technologies ROCHESTER HILLS, Mich., July 31 -- Energy Conversion Devices, Inc. today announced a series of initiatives aimed at aggressively continuing to grow revenue through increased photovoltaic production and sales, continued expansion of NiMH ... Continue reading

Evernham Motorsports Takes the Checkered Flag with Product Lifecycle Management Solutions from IBM and Dassault Systemes

Evernham Motorsports Takes the Checkered Flag with Product Lifecycle Management Solutions from IBM and Dassault Systemes

STATESVILLE, N.C. & PARIS--July 31, 2003-- Leading NASCAR team will use PLM to accelerate design, construction and maintenance of faster race cars IBM and Dassault Systemes (Euronext Paris: #13065, DSY.PA) today announced the signing of a contract for Product Lifecycle Management (PLM) solutions with Evernham Motorspor ... Continue reading

Fleetwood Reports Preliminary Revenues for the First Quarter 2004

Fleetwood Reports Preliminary Revenues for the First Quarter 2004

RIVERSIDE, Calif., July 31 -- Fleetwood Enterprises, Inc. , the nation's largest manufacturer of recreational vehicles and a leading producer and retailer of manufactured housing, today announced preliminary sales for the first quarter of fiscal 2004, ended July 27, 2003. Company revenues improved 6 percent in the firs ... Continue reading

Group 1 Automotive, Inc. Announces Private Offering of Senior Subordinated Notes

Group 1 Automotive, Inc. Announces Private Offering of Senior Subordinated Notes

HOUSTON--July 31, 2003--Group 1 Automotive, Inc. , today announced that it intends to commence a private placement offering to eligible purchasers of $150 million of a new issue of senior subordinated notes due 2013. The offering is expected to be eligible for resale under Rule 144A. The private offering, which is subj ... Continue reading

Group 1 Automotive Reports Double-Digit Increases in Revenues and EPS for Second Quarter; Record Revenues and Net Income for Second Quarter and Six Months of 2003

Group 1 Automotive Reports Double-Digit Increases in Revenues and EPS for Second Quarter; Record Revenues and Net Income for Second Quarter and Six Months of 2003

HOUSTON--July 31, 2003--Group 1 Automotive, Inc. , a Fortune 500 specialty retailer, today reported record second-quarter net income of $20.0 million, or $0.86 per diluted share, on record revenues of $1.1 billion for the three months ended June 30, 2003. "Our solid second-quarter performance demonstrates the flexibili ... Continue reading

MAACO Taps Shoplink(R) as Preferred Estimating System for North American MAACO Centers

MAACO Taps Shoplink(R) as Preferred Estimating System for North American MAACO Centers

MAACO Chooses ADP Claims Services Group to Support Expanded 'Cosmollision' Strategy SAN RAMON, Calif., July 31 -- ADP Claims Services Group, a leading provider of integrated business solutions for the property and casualty, collision repair and automotive recycling industries, announced today MAACO has chosen Shoplink ... Continue reading

Magna International Inc. - Second quarter 2003 results conference call changed

Magna International Inc. - Second quarter 2003 results conference call changed

AURORA, ON, July 31 -- Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) will announce its financial results for the second quarter ended June 30, 2003 on Wednesday, August 6, 2003 rather than on Thursday, August 7, 2003. We will hold our conference call on Wednesday, August 6, 2003 at 5:30 p.m. EDT (Toronto Time). ... Continue reading

Magna International Inc. - Second quarter 2003 results conference call changed

Magna International Inc. - Second quarter 2003 results conference call changed

Aurora, Ontario, Canada, July 31 -- Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) will announce its financial results for the second quarter ended June 30, 2003 on Wednesday, August 6, 2003 rather than on Thursday, August 7, 2003. We will hold our conference call on Wednesday, August 6, 2003 at 5:30 p.m. EDT (T ... Continue reading

MEDIA ADVISORY - Formula Ford 2000 Zetec Championship Rounds Seven & Eight

MEDIA ADVISORY - Formula Ford 2000 Zetec Championship Rounds Seven & Eight

FOR IMMEDIATE RELEASE MEDIA ADVISORY Formula Ford 2000 Zetec Championship Rounds Seven & Eight Mario Andretti Grand Prix at Road America Road America ELkhart Lake, Wis. Green Flags: Saturday, August 2, 2003, 3:45 p.m. (local time) Race One Sunday, August 3, 2003, 9:15 a.m. (local time) Race Two Circuit: 4.00-mile road ... Continue reading

Plug Power's Revenue Increases; On Track to Meet Milestones As Company Reports Second Quarter Results

Plug Power's Revenue Increases; On Track to Meet Milestones As Company Reports Second Quarter Results

LATHAM, N.Y., July 31 -- Plug Power Inc. , today reported financial results and accomplishments for the second quarter ended June 30, 2003. Overall both financial and operational accomplishments were in line with company expectations and Plug Power remains on track to achieve its full-year milestones. (Logo: http://www ... Continue reading

Pohanka Acura Uses Stronghold Technologies to Become the Country's Number One Acura Dealership; Dealership Ranks as Top Acura Location Three Months Straight

Pohanka Acura Uses Stronghold Technologies to Become the Country's Number One Acura Dealership; Dealership Ranks as Top Acura Location Three Months Straight

BASKING RIDGE, N.J.--July 31, 2003--Stronghold Technologies, Inc. (OTC Bulletin Board:SGHT), the developer of DealerAdvance(TM), an enterprise software system leveraging wireless technologies for the automotive retail industry, today announced that its customer Pohanka Acura has become the nation's largest Acura dealer ... Continue reading

Positioning Solutions Launches GPS Systems for Latest Handhelds, Older Handhelds

Positioning Solutions Launches GPS Systems for Latest Handhelds, Older Handhelds

CLEVELAND--July 31, 2003--Positioning Solutions, the exclusive manufacturer of Mapopolis-branded GPS systems, announced today the immediate availability of GPS navigation systems for 10 new handheld models, ranging from the Siemens SX-45, to the ViewSonic V-35 to the older Palm Vx. The systems for Pocket PC handhelds i ... Continue reading

Realization's Next Generation Project Management Software to Power Michigan Custom Machines' Growth

Realization's Next Generation Project Management Software to Power Michigan Custom Machines' Growth

Concerto Critical Chain Project Management Software Adapts to Project Uncertainties SILICON VALLEY, Calif., July 31 -- Realization Technologies today announced that Michigan Custom Machines (Farmington, Mich.), a turnkey designer and builder of custom production test equipment for the automotive industry, has deployed ... Continue reading

State Auto Financial Announces Second Quarter Earnings

State Auto Financial Announces Second Quarter Earnings

COLUMBUS, Ohio--July 31, 2003--State Auto Financial Corporation -- Profit Achieved Despite Heavy Storm Activity -- Core Business Performed Exceptionally Well State Auto Financial Corporation today reported second quarter net income of $8,301,000, or $0.21 per diluted share, versus a loss of $1,385,000 or $0.04 per dilu ... Continue reading

Suppliers to the Automotive Industry Are Challenged to Take on and Develop Their Logistics Capabilities

Suppliers to the Automotive Industry Are Challenged to Take on and Develop Their Logistics Capabilities

LONDON, July 31 -- Now more than ever suppliers to the automotive industry are challenged to take on and develop capabilities to deliver reliable and cost-effective supply networks. Autologistics Global 2003 will focus on how suppliers are taking action to meet the challenges of the new automotive world, says Alexis No ... Continue reading

Union Pacific Corporation Declares Quarterly Dividend of 23 Cents a Share

Union Pacific Corporation Declares Quarterly Dividend of 23 Cents a Share

OMAHA, Neb., July 31 -- The Board of Directors of Union Pacific Corporation has declared a quarterly dividend of 23 cents per share on its common stock, payable October 1, 2003, to stockholders of record September 10, 2003. Union Pacific Corporation is one of America's leading transportation companies. Its principal op ... Continue reading

Universal Automotive Industries, Inc. Extends Term of Warrants

Universal Automotive Industries, Inc. Extends Term of Warrants

CHICAGO, July 31 -- Universal Automotive Industries, Inc. , is pleased to announce that on July 28, 2003 it amended its Warrant Agreement dated December 22, 1994, as amended, extending the Exercise Deadline to the earlier of January 31, 2004 or the business day immediately preceding the Call Date, as defined in the War ... Continue reading

Valeo develops presence in Eastern Europe - multi-million euro orders awarded by Dacia

Valeo develops presence in Eastern Europe - multi-million euro orders awarded by Dacia

Paris, France, July 31 -- Valeo today announced that it has secured orders from Dacia for a wide range of systems and components specified on the new Solenza produced in Pitesti, Romania. "We are very pleased to have been awarded these valuable new contracts by Dacia since they reinforce our strategy of developing busi ... Continue reading

Workscape Wins Prestigious 2003 RealWare Award; Company Cited for Excellence and Innovation Along with Client General Motors, Marking Fourth Such Honor for the Two Organizations

Workscape Wins Prestigious 2003 RealWare Award; Company Cited for Excellence and Innovation Along with Client General Motors, Marking Fourth Such Honor for the Two Organizations

FRAMINGHAM, Mass.--July 31, 2003--Workscape, Inc., a proven provider of benefits and workforce management solutions, today announced that the company and its client, General Motors Corp. , have won a 2003 RealWare Award in the category of Best Enterprise Portal Application. The RealWare Awards, now in their tenth year, ... Continue reading

Ruhlman set to defend 2nd place finish at Trois Rivieres Trans-Am

Ruhlman set to defend 2nd place finish at Trois Rivieres Trans-Am

CHEVROLET CORVETTE DRIVER RANDY RUHLMAN SET TO DEFEND PODIUM AT TROIS-RIVIERES TRANS-AM, SIGHTS SET ON WIN Greensboro, NC (July 30) -- The 2002 Trans-Am Series ³Most Improved Driver of the Year² Randy Ruhlman returns this weekend to defend his second place finish at the street course in Trois-Rivieres, Quebec, Canada ... Continue reading

American Honda Signs Letter of Intent with Microvision to Purchase 3,800 Nomad Augmented Vision Systems

American Honda Signs Letter of Intent with Microvision to Purchase 3,800 Nomad Augmented Vision Systems

BOTHELL, Wash.--July 31, 2003-- Automaker to distribute wearable information tool to dealer technicians Microvision, Inc. , today announced that American Honda Motor Company, Inc. has signed a non-binding letter of intent to purchase 3,800 Nomad Systems with shipments to begin in January 2004, following Microvision's p ... Continue reading

Winnebago Industries Introduces SIRIUS Satellite Radio in Most 2004 Models

Winnebago Industries Introduces SIRIUS Satellite Radio in Most 2004 Models

FOREST CITY, Iowa--July 31, 2003--Winnebago Industries, Inc. , the leading motor home manufacturer, and SIRIUS , known for delivering the very best in commercial-free music and premium audio entertainment, have collaborated to offer SIRIUS Satellite Radio in most of Winnebago Industries' new 2004 motor homes. A SIRIUS ... Continue reading

Lear Corporation Announces Financial Appointments

Lear Corporation Announces Financial Appointments

Chip Mower Named Vice President, Finance - Global Purchasing; James L. Murawski Joins Lear as Vice President - Audit Services SOUTHFIELD, Mich., July 31 -- Lear Corporation today announced the appointment of Chip Mower to vice president, finance - Global Purchasing. James L. Murawski, formerly a vice president and cont ... Continue reading

Hidden Creek Industries Announces the Appointment of Anthony Barone as Senior Managing Director

Hidden Creek Industries Announces the Appointment of Anthony Barone as Senior Managing Director

MINNEAPOLIS--July 31, 2003--Hidden Creek Industries ("HCI"), a privately held management company, today announced the appointment of Anthony Barone as its senior managing director. Scott Rued, current President and CEO of HCI, has resigned to become a managing partner of Thayer Capital Partners in Washington, D.C. Baro ... Continue reading

NHRA Pre race: Warren Johnson Ready to Uncork a Vintage Performance in Sonoma

NHRA Pre race: Warren Johnson Ready to Uncork a Vintage Performance in Sonoma

Contact: Jon G. Knapp TMG Sports Marketing Phone: (704) 662-3121 jgknapp@tmgsports.net Warren Johnson Ready to Uncork a Vintage Performance in Sonoma GM Performance Parts team aims to return to their winning ways in the Napa Valley SUGAR HILL, GA., July 31, 2003 - Warren Johnson has a record at Infineon Raceway that is ... Continue reading

NHRA Pre race: Kurt Johnson Sets Sights on Sonoma Win

NHRA Pre race: Kurt Johnson Sets Sights on Sonoma Win

Contact: Jon G. Knapp TMG Sports Marketing Phone: (704) 662-3121 jgknapp@tmgsports.net Kurt Johnson Sets Sights on Sonoma Win ACDelco crew looks to uncork a winning performance in the Napa Valley SUGAR HILL, GA., July 30, 2003 - This weekend, the NHRA POWERade Drag Racing Series' West Coast Swing will come to a close a ... Continue reading

Top NASCAR Drivers Team Up With Warner Music Group Artists At The Chevy Rock & Roll 400

Top NASCAR Drivers Team Up With Warner Music Group Artists At The Chevy Rock & Roll 400

Hootie & The Blowfish, Franky Perez, Sugar Ray, Trapt and Uncle Kracker To Perform at Richmond International Raceway RICHMOND, Va., July 31 -- Warner Music Group (WMG), Chevrolet and Action Performance Companies Inc. today announced a series of concerts to be featured during the NASCAR triple-header weekend, September ... Continue reading

MobileGuardian Sponsors Teen Driver Education Program

MobileGuardian Sponsors Teen Driver Education Program

Location Tracking and Stolen Vehicle Recovery Solution Can Assist Parents in Monitoring Teen Drivers ATLANTA, July 31 -- MobileGuardian LLC, a wholly-owned subsidiary of Numerex Corp. , today announced that it has signed on to sponsor and participate in The Dodge(R) Teen Driver Education Program, a metro Atlanta-based ... Continue reading

AAA Minnesota/Iowa's President Says, 'School's Open - Drive Carefully'

AAA Minnesota/Iowa's President Says, 'School's Open - Drive Carefully'

Guest Editorial by Jeff Ogden, president, AAA Minnesota/Iowa BURNSVILLE, Minn., July 31 -- While parents are preparing their children for the new 2003-4 school year and children are saying good-bye to their summer vacations, back to school is important not just to them, but also to all motorists. AAA Minnesota/Iowa urg ... Continue reading

Shane Lewis Prepares For Battle At Trois-Rivieres

Shane Lewis Prepares For Battle At Trois-Rivieres

Shane Lewis Prepares For Battle At Trois-Rivieres JUPITER, Fla., July 31, 2003 - Shane Lewis is ready for battle in the streets of the Canadian city of Trois-Rivieres. Competing in the American Le Mans Series (ALMS) first street race of the 2003 season, Lewis and the #63 ACEMCO Automotive Ferrari 360 GT have finished i ... Continue reading

BMW Dominates LeaseCompare.com Top 10 List

BMW Dominates LeaseCompare.com Top 10 List

CINCINNATI--July 31, 2003--Automobile Consumer Services, Inc. (ACS), an innovator in online direct-to-consumer auto leasing, released a list of the top 10 most requested vehicles from its popular auto leasing website www.LeaseCompare.com <http://www.leasecompare.com/> for the second quarter of 2003. BMW has three model ... Continue reading

Asbury Automotive Group Reports Second Quarter Financial Results

Asbury Automotive Group Reports Second Quarter Financial Results

- Reports Net Income from Continuing Operations of $0.44 Per Share - STAMFORD, Conn., July 31 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today reported financial results for the second quarter and six months ended June 30, 2003. Net income from continuing ... Continue reading

Buick Unveils the Brand New Rainier Online Using Viewpoint Technology

Buick Unveils the Brand New Rainier Online Using Viewpoint Technology

NEW YORK--July 31, 2003--Buick is launching the brand new Buick Rainier, a mid-size SUV, using Viewpoint Technology to deliver an interactive vehicle presentation on the web as well as offline in kiosks, CD-ROM's and more. Viewpoint Corporation , a leading provider of interactive media, created a highly interactive exp ... Continue reading

Engelhard Technology Enables Carmakers to Meet New Evaporative Emissions Standards

Engelhard Technology Enables Carmakers to Meet New Evaporative Emissions Standards

ISELIN, N.J.--July 31, 2003--New technology developed by Engelhard Corporation will provide carmakers with an additional tool to meet increasingly stringent California and federal standards for evaporative emissions that begin to take effect in 2004. Evaporative emissions are hydrocarbon (HC) vapors that come from sour ... Continue reading

Water Pump Contract Awarded to BorgWarner Emissions/Thermal Systems Joint Venture by Ford South Africa

Water Pump Contract Awarded to BorgWarner Emissions/Thermal Systems Joint Venture by Ford South Africa

AUBURN HILLS, Mich., July 31 -- The BorgWarner Shenglong manufacturing facility, located in Ningbo, China, is now supplying a water pump to the Ford Engine Plant in South Africa. Sales from this contract are expected to be approximately $10 million (8 million Euros) over a four year period from 2003 through 2006. The w ... Continue reading

Ginseng Forest, Inc. Announces Official Name Change To Carroll Shelby International, Inc.

Ginseng Forest, Inc. Announces Official Name Change To Carroll Shelby International, Inc.

NASDAQ Bulletin Board Symbol Ticker Changes to CSBI LOS ANGELES, July 31 -- Ginseng Forest, Inc. (BULLETIN BOARD: GSGF) conducted a meeting of Shareholders, which was held July 28, 2003 at Carroll Shelby Licensing in Los Angeles. The Shareholders voted on and approved several issues and proposals as outlined in the pro ... Continue reading

Delphi Safety & Interior Systems Names New Adrian Plant Manager

Delphi Safety & Interior Systems Names New Adrian Plant Manager

TROY, Mich., July 31 -- Rebecca S. Farless has been appointed plant manager for the Delphi Safety & Interior Systems' Adrian, Mich., manufacturing facility, effective Aug. 1. She succeeds Steven J. Galle who recently was named plant manager for the Delphi Safety & Interior Systems manufacturing site in Columbus, Ohio. ... Continue reading

Clarion to Supply CD Radios to Shanghai General Motors

Clarion to Supply CD Radios to Shanghai General Motors

DETROIT, July 31 -- Clarion Corporation of America announced today that their parent company, Clarion Company Ltd., will supply (OEM) AM/FM/CD radios, to Shanghai General Motors beginning in July, 2003. This is Clarions' first business with the joint venture of Shanghai Automotive Corporation and General Motors Corpora ... Continue reading

Spartan Motors Announces 2003 Second-Quarter Results

Spartan Motors Announces 2003 Second-Quarter Results

CHARLOTTE, Mich., July 31 -- Spartan Motors, Inc. today announced results for the second quarter ended June 30, 2003, highlighted by progress on key operating initiatives and increased orders for emergency-rescue vehicles and chassis. The Charlotte, Mich.-based manufacturer of custom motorhome chassis, fire- truck chas ... Continue reading

Delphi Announces Major Agreement With Sears To Offer SKYFi Satellite Audio Products

Delphi Announces Major Agreement With Sears To Offer SKYFi Satellite Audio Products

SKYFi products available next month at Sears TROY, Mich., July 31 -- Delphi Product & Service Solutions, part of Delphi Corporation , announces Sears, Roebuck and Co. will sell the complete line of Delphi XM SKYFi(TM) products in their 870 full-line stores in the United States next month. Delphi, a pioneer of in-vehicl ... Continue reading

Rid Your Life of Wires By Connecting With Bluetooth Technology in Your Home, Office and Automobile

Rid Your Life of Wires By Connecting With Bluetooth Technology in Your Home, Office and Automobile

CHICAGO, July 31 -- Minutes are lost each day pulling out, untangling, plugging in, winding up, and putting away wires -- enough time to total 1.3 billion lost labor hours annually according to a study by Logitech International. What if there was a way to connect devices without having to use wires? There is, and it is ... Continue reading

Survey Reveals Fuel Efficiency a Key Factor in Car Shopping

Survey Reveals Fuel Efficiency a Key Factor in Car Shopping

FAIRFAX, Va.--July 31, 2003--Three out of four potential car buyers in a recent industry study ranked fuel efficiency as key to their purchasing decision. CARFAX, pioneer of the vehicle history report, conducted this study on behalf of AMI Auto World Magazine to gauge consumer perceptions. The study particularly looked ... Continue reading

Yukitoshi Funo Named President of Toyota Motor Sales

Yukitoshi Funo Named President of Toyota Motor Sales

TORRANCE, Calif., July 31 -- Yukitoshi "Yuki" Funo officially assumed his responsibilities as president and chief executive officer of Toyota Motor Sales (TMS), U.S.A., Inc. today. Funo succeeds Yoshi Inaba, who returns to Toyota Motor Corporation (TMC) in Japan, where he was promoted to senior managing director and ch ... Continue reading

Sika Automotive Appoints James Miko Director of Sales for New Domestics

Sika Automotive Appoints James Miko Director of Sales for New Domestics

MADISON HEIGHTS, Mich., July 31 -- Sika Automotive has announced the appointment of James (Jim) Miko as Director of Sales for New Domestics. John Harris, Vice President of Automotive Sales, made the announcement. In this position, Jim will be responsible for representing Sika at the New Domestic OEMs, developing new bu ... Continue reading

Honda and Volkswagen Hit Top of Teens' 'Wish List' Says New Research by NFO WorldGroup; Ford and Chevrolet Losing Ground With Girls

Honda and Volkswagen Hit Top of Teens' 'Wish List' Says New Research by NFO WorldGroup; Ford and Chevrolet Losing Ground With Girls

GREENWICH, Conn.--July 31, 2003--NFO WorldGroup-- -- Teens React to Recent Auto Manufacturer Marketing Campaigns, Concluding that Some Brands Haven't "Like" Got a Clue Not since the Olsen Twins got their driver's licenses have teenagers and automobiles been burning such hot rubber. From the launch of the new car models ... Continue reading

Sonic Automotive, Inc. Announces Acquisition of 18 Dealerships

Sonic Automotive, Inc. Announces Acquisition of 18 Dealerships

CHARLOTTE, N.C., July 31 -- Sonic Automotive, Inc. today announced that it has recently entered into agreements to purchase or purchased eighteen dealerships. The dealerships have combined revenues of approximately $800 million annually, with significant growth opportunities through dealership facility expansions. Proj ... Continue reading

Ford Credit Appoints Mike Bannister President and COO

Ford Credit Appoints Mike Bannister President and COO

DEARBORN, Mich., July 31 -- Greg Smith, chairman and CEO of Ford Motor Credit Co., today announced that Mike Bannister is appointed president and chief operating officer of the company. Bannister, formerly president, Ford Credit International, will be responsible for taking a leadership role in shaping Ford Credit's fu ... Continue reading

Pep Boys Continues Profitability Drive with Corporate Restructuring

Pep Boys Continues Profitability Drive with Corporate Restructuring

PHILADELPHIA--July 31, 2003-- Strategic Infrastructure and Merchandising Investments, Coupled with Store Closings and Workforce Reduction, Position Pep Boys for Continued Profitability and Growth The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket and service chain, today announced several in ... Continue reading

Used-Vehicle Shoppers Report Spending More Time Online, Concentrating on Independent Sites More Than on Manufacturer or Dealer Sites

Used-Vehicle Shoppers Report Spending More Time Online, Concentrating on Independent Sites More Than on Manufacturer or Dealer Sites

WESTLAKE VILLAGE, Calif.--July 31, 2003--While the rate of growth of used-vehicle buyers using the Internet during the shopping process has leveled off, those who use the medium for this purpose are spending more time online, according to the J.D. Power and Associates 2003 Used Autoshopper.com Study(SM) released today. ... Continue reading

Scion To Boost Production

Scion To Boost Production

DETROIT, July 30, 2003; Reuters reported that after less than two months after going on sale, the new Scion brand is already asking parent Toyota Motor Corp.'s (Tokyo:7203.T - News) to raise its production for the U.S. market, a Scion official said on Thursday. Toyota launched the Scion brand, targeted to young buyers ... Continue reading

Goodyear Loses $74 Million in 2nd Quarter

Goodyear Loses $74 Million in 2nd Quarter

Goodyear Loses $74 Million in Second Quarter, Compared to $29 Million in Earnings a Year Ago AKRON, Ohio July 30,(AP) -- Goodyear Tire & Rubber Co. on Wednesday reported a $73.6 million loss in the second quarter because of high raw material expenses and the costs of layoffs. The loss of 42 cents a share for the April- ... Continue reading

Harman International Industries, Incorporated Announces Quarterly Cash Dividend

Harman International Industries, Incorporated Announces Quarterly Cash Dividend

WASHINGTON July 30, 2003; Harman International Industries, Incorporated today declared a cash dividend of 2.5 cents per share for the fourth quarter ended June 30, 2003. The quarterly dividend will be paid on August 27, 2003, to each stockholder of record as of the close of business on August 13, 2003. Harman Internati ... Continue reading

New Vehicle Pricing Tool at Edmunds.com Achieves Three-Year Milestone

New Vehicle Pricing Tool at Edmunds.com Achieves Three-Year Milestone

SANTA MONICA, Calif., July 30 -- Edmunds.com (http://www.edmunds.com/), the premier online resource for automotive information, today celebrates the third anniversary of its True Market Value(R) (TMV(R)) pricing tool for new vehicles. The Edmunds.com new vehicle TMV tool, freely accessed at http://www.edmunds.com/produ ... Continue reading

Hot Cars of Summer List

Hot Cars of Summer List

COSTA MESA, Calif.--July 30, 2003--Consumers are definitely hitting the road this summer - more than ever. Perhaps it's penny-pinching due to a tight economy; perhaps it's increased concerns about air travel. Whatever the reason, road travel is definitely up. Around the July 4th holiday, for example, AAA predicted 32.6 ... Continue reading

Mazda Zoom Zoom Zoom in Sales

Mazda Zoom Zoom Zoom in Sales

TOKYO, July 31, 2003; Reuters reported that Mazda Motor Corp , the smallest of Japan's top five auto makers owned one-third by Ford Motor , said on Thursday its first-quarter revenue rose 10 percent from the year earlier thanks to brisk sales in Europe. Revenues for the April-June quarter totalled 571.94 billion yen ($ ... Continue reading

ZF Active Steering on New BMW 5-Series

ZF Active Steering on New BMW 5-Series

Driving Dynamics and Safety Increased Through New System FRIEDRICHSHAFEN, Germany, July 30 -- ZF Lenksysteme -- a division of ZF Friedrichshafen AG -- and BMW worked together to develop an active steering system for the new BMW 5-Series. Active steering has succeeded in realizing what is essentially a steer-by-wire fun ... Continue reading

Cummins Westport receives first order for LNG-powered bus engines in China

Cummins Westport receives first order for LNG-powered bus engines in China

VANCOUVER, July 30 -- Cummins Westport Inc., announced today that it has received its first order for bus engines to be fueled by liquefied natural gas (LNG) for transit service in Beijing. Beijing Public Transportation Corporation has ordered 75 buses powered by the Cummins Westport B5.9G natural gas engine. These low ... Continue reading

50 YEARS OF CORVETTE

50 YEARS OF CORVETTE

Hi there, I am handling publicity for the L.A. County Fair in Pomona, CA which is going to be celebrating 50 years of Corvette with all 50 original models on display in September and wanted to find out if you might be interested in receiving some more information on the event or would be willing to accept images to pos ... Continue reading

AAA Texas Launches Senior Driver Initiative to Help Aging Baby Boomers Stay Safe on the Road

AAA Texas Launches Senior Driver Initiative to Help Aging Baby Boomers Stay Safe on the Road

-- WHO: AAA Texas, the Harris County Sheriff's Department, the Department of Public Safety, and the Houston Police Department. WHAT: The launch of AAA Texas' Senior Driver Initiative to keep aging baby boomers and other drivers safe on the road. New vehicles with "senior safety features" will be on display. Seniors wil ... Continue reading

Alcoa Prepares for Shutdown of Intalco Smelter

Alcoa Prepares for Shutdown of Intalco Smelter

PITTSBURGH--July 30, 2003--Alcoa announced today that it is preparing to temporarily curtail production at its Ferndale, Washington ("Intalco") aluminum smelter on September 30, 2003 because of an expected Bonneville Power Administration ("BPA") rate increase, sharply increasing costs at the plant. In April, the compan ... Continue reading

American Standard to Present at Banc of America Conference

American Standard to Present at Banc of America Conference

PISCATAWAY, N.J., July 30 -- Fred Poses, chairman and CEO of American Standard Companies Inc. , will be a featured presenter at Banc of America's Electrical Equipment and Multi-Industry Conference on Thursday, July 31, beginning at 8 a.m. EDT. The presentation will be accessible via live audio webcast on American Stand ... Continue reading

Cross-Country Weekend Driving Adventure Comes to Chicago

Cross-Country Weekend Driving Adventure Comes to Chicago

Aurora Airport to Host Stop of Chrysler Group's Route 2003: An American Road Trip CHICAGO, July 30 -- 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" on Saturday, August 16 and S ... Continue reading

Dollar Thrifty Automotive Group Reports Second Quarter Earnings

Dollar Thrifty Automotive Group Reports Second Quarter Earnings

Board of Directors Authorizes Stock Repurchase Program TULSA, Okla., July 30 -- Dollar Thrifty Automotive Group, Inc. , today reported results for the second quarter ended June 30, 2003. Total revenue for the 2003 second quarter was $304.1 million, a 0.5 percent increase over the 2002 second quarter. Net income for the ... Continue reading

Federal-Mogul Named Supplier of the Year by Yamaha

Federal-Mogul Named Supplier of the Year by Yamaha

SOUTHFIELD, Mich., July 30 -- Federal-Mogul Corporation was recently named "Supplier of the Year 2002" by Yamaha South America. The award recognizes Yamaha suppliers that had an outstanding performance in quality, delivery, product development and overall customer service in 2002. Yamaha South America gave this award t ... Continue reading

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

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

DUBUQUE, Iowa--July 30, 2003--Flexsteel Industries, Inc. announced that its operating results for the three-month period and fiscal year ended June 30, 2003 will be released on August 7, 2003, after the close of extended trading. Senior management will host a conference call for analysts to review fourth quarter and fi ... Continue reading

Ford Selects Perceptron Systems to Achieve Quality Goals on Two New Vehicle Programs

Ford Selects Perceptron Systems to Achieve Quality Goals on Two New Vehicle Programs

PLYMOUTH, Mich., July 30 -- Perceptron, Inc. today announced its in-line process improvement systems have been chosen by Ford Motor Company to help the company achieve its quality goals for two new 2003/2004 vehicle programs at four plant locations. Installation of these new systems began during the third calendar quar ... Continue reading

IMPCO to Present at Adams, Harkness & Hill's 23rd Annual Summer Seminar

IMPCO to Present at Adams, Harkness & Hill's 23rd Annual Summer Seminar

CERRITOS, Calif., July 30 -- IMPCO Technologies, Inc. announced today that it will deliver a presentation at Adams, Harkness & Hill's 23rd Annual Summer Seminar in Boston. Mr. Brad Garner, Vice President and Chief Operating Officer, Americas, Asia/Pacific Operations, is scheduled to present to leading institutional inv ... Continue reading

INTERMET to Open Sales and Engineering Office in Japan

INTERMET to Open Sales and Engineering Office in Japan

Confirms commitment to support growing base of Asia Pacific-based customers TROY, Mich., July 30 -- INTERMET Corporation , one of the world's leading manufacturers of cast-metal automotive components, today announced that it will open a Sales and Engineering Office in Japan to support its growing roster of automotive c ... Continue reading

iPower Technologies, Inc. Appoints New President - Combes to Become Vice Chairman

iPower Technologies, Inc. Appoints New President - Combes to Become Vice Chairman

ANDERSON, Ind., July 30 -- iPower Technologies, Inc., manufacturer of distributed generation systems for homes and businesses, announces the appointment of James E. Luckman as President and Chief Executive Officer, effective August 1. John H. (Jack) Combes, current President and a founder of iPower, becomes Vice Chairm ... Continue reading

Kaneb Announces Earnings Conference Call ; Friday, August 1, 2003 at 10:00 a.m. ET -9:00 a.m. CT-

Kaneb Announces Earnings Conference Call ; Friday, August 1, 2003 at 10:00 a.m. ET -9:00 a.m. CT-

DALLAS--July 30, 2003--The Kaneb family of companies includes two publicly traded entities listed on the New York Stock Exchange: Kaneb Services LLC and Kaneb Pipe Line Partners, L.P. . Second quarter earnings will be reported before the market opens on Thursday, July 31, 2003 and a conference call will be held on Augu ... Continue reading

Maxim Crane Works Extends Exchange Offer and Consent Solicitation

Maxim Crane Works Extends Exchange Offer and Consent Solicitation

PITTSBURGH--July 30, 2003--Maxim Crane Works announced today, in connection with its exchange offer and consent solicitation relating to the 10 3/8% Senior Notes due 2008 of Anthony Crane Rental, L.P. and Anthony Crane Capital Corporation and 13 3/8% Senior Discount Debentures due 2009 of Anthony Crane Rental Holdings, ... Continue reading

New Dura-Prime Electrocoat by PPG Provides Vehicles Added UV Protection While Cutting Costs

New Dura-Prime Electrocoat by PPG Provides Vehicles Added UV Protection While Cutting Costs

TROY, Mich., July 30 -- PPG Industries recently launched its Dura-Prime electrocoat -- a lead-free technology that provides protection against ultraviolet (UV) degradation and helps automakers reduce costs associated with the coatings application process by eliminating the need for a primer surfacer layer. Dura-Prime e ... Continue reading

News Release: Firestone Destination M/T Tires Make The Grade On Rover Accessories' Project Vehicles

News Release: Firestone Destination M/T Tires Make The Grade On Rover Accessories' Project Vehicles

FOR IMMEDIATE RELEASE Contact: Media Center (877) 201-2373 FIRESTONE DESTINATION M/T TIRES MAKE THE GRADE ON ROVER ACCESSORIES' PROJECT VEHICLES NASHVILLE, Tenn. (July 30, 2003) - When Rover Accessories, the premier California-based supplier of aftermarket products for the Land Rover family of SUVs, went looking for ti ... Continue reading

RC2 Corporation Reports 2003 Second Quarter Results; Maintains Positive Outlook for the Full Year

RC2 Corporation Reports 2003 Second Quarter Results; Maintains Positive Outlook for the Full Year

BOLINGBROOK, Ill.--July 30, 2003--RC2 Corporation , formerly Racing Champions Ertl Corporation, today announced its results for the second quarter and six months ended June 30, 2003. Net income was $3.7 million or $0.21 per diluted share in the 2003 second quarter as compared with $5.0 million or $0.29 per diluted shar ... Continue reading

'Safely There' Mobile Exhibit Tour Opens at Sea Fair: Safety is on a Roll

'Safely There' Mobile Exhibit Tour Opens at Sea Fair: Safety is on a Roll

Who: Jim Gill, director, public relations, Continental Teves Automotive safety equipment supplier Lorie Dankers, chief information officer, NHTSA Representative, Region X John Moffat, director, Washington Traffic Safety Commission Rob Sharpe, trooper and rollover expert, Washington State Patrol What: Tours of Continent ... Continue reading

Siliconix Reports Quarterly Earnings of $0.31 per Share

Siliconix Reports Quarterly Earnings of $0.31 per Share

SANTA CLARA, Calif.--July 30, 2003--Siliconix incorporated , an 80.4% subsidiary of Vishay Intertechnology, Inc. , announced net income of $9.3 million, or $0.31 per share, for the second quarter ended June 28, 2003. This is a decrease of $1.9 million from the net income of $11.2 million, or $0.37 per share, in the sec ... Continue reading

SmarTire Well Positioned for Fiscal 2004

SmarTire Well Positioned for Fiscal 2004

RICHMOND, BC, July 30 -- SmarTire Systems Inc. (SMTR: OTCBB) announces that it is aggressively pursuing worldwide opportunities for its tire monitoring products as the Company enters its new fiscal year on August 1st. In order to support these opportunities, SmarTire is also taking steps to strengthen and expand the de ... Continue reading

The Eastern Company Declares Regular Quarterly Cash Dividend

The Eastern Company Declares Regular Quarterly Cash Dividend

NAUGATUCK, Conn.--July 30, 2003--The Eastern Company (AMEX:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable September 15, 2003, to common stock shareholders of record as of August 22, 2003. This represents the Company's 252nd consecutive quarterly di ... Continue reading

The National Air Tour 2003 Announces Ford Motor Company as Sponsor

The National Air Tour 2003 Announces Ford Motor Company as Sponsor

OSHKOSH, Wis., July 30 -- Ford Motor Company, the second-largest automaker in the world, is celebrating 100 years of powered flight and its rich aviation heritage by sponsoring the National Air Tour 2003 -- the historic flight re-creation this September of the National Air Tours that took place from 1925 through 1931. ... Continue reading

Transpro, Inc. Reports Second Quarter 2003 Results; Results Exceed Interim Guidance; Reports Net Loss of $0.08 Per Diluted Share

Transpro, Inc. Reports Second Quarter 2003 Results; Results Exceed Interim Guidance; Reports Net Loss of $0.08 Per Diluted Share

NEW HAVEN, Conn.--July 30, 2003--Transpro, Inc. - Expects Strong Second Half Year-Over-Year Improvement - Transpro, Inc. today announced results for the second quarter and six months ended June 30, 2003. Charles E. Johnson, President and CEO, stated, "As reported earlier, the second quarter presented a number of challe ... Continue reading

Wild Wheels at Work

Wild Wheels at Work

Chrysler Group Employees Display Their Passion for Cars at 5th Annual 'Wild Wheels at Work' Event WHAT: Chrysler Group employees bring their hot rods, classic cars, muscle cars and motorcycles to work to share with their co-workers at the fifth "Wild Wheels at Work" event. WHO: Over 345 employees of DaimlerChrysler Hea ... Continue reading

AIAG Appoints Andrew Cummins as New Executive Director

AIAG Appoints Andrew Cummins as New Executive Director

SOUTHFIELD, Mich., July 30 -- The Automotive Industry Action Group (AIAG) today announced Andrew J. Cummins has been appointed the new executive director of the association. As executive director, Cummins will lead the organization in pursuing its goals and objectives set forth by the AIAG board of directors. AIAG prov ... Continue reading

Dorricott Racing: Trois-Rivieres Preview

Dorricott Racing: Trois-Rivieres Preview

FOR IMMEDIATE RELEASE Contact: James Hyneman jhyneman@compuserve.com DORRICOTT RACING SEEKS SECOND HALF COMEBACK BEGINNING THIS WEEKEND AT TROIS-RIVIERES TROIS-RIVIERES, Que., Canada (July 30, 2003) - There is still plenty of room at the top of the Toyota Atlantic Championship standings for second-half comebacks and th ... Continue reading

Asbury Automotive Group Names Michael Kane New President and CEO of Texas Platform

Asbury Automotive Group Names Michael Kane New President and CEO of Texas Platform

STAMFORD, Conn., July 30 -- Asbury Automotive Group, Inc. , one of the nation's largest automotive retail and service companies in the U.S., today announced that Michael Kane has been named president and CEO of McDavid Auto Group, based in Irving, Texas. Mr. Kane will replace current president and CEO David McDavid, wh ... Continue reading

Delco Remy International Announces Second Quarter Operating Results

Delco Remy International Announces Second Quarter Operating Results

ANDERSON, Ind., July 30 -- Delco Remy International, Inc., a leading worldwide manufacturer and remanufacturer of automotive electrical and drivetrain/powertrain products, today announced its financial performance for the second quarter and six months ended June 30, 2003. In the second quarter of 2003, the Company repo ... Continue reading

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