Toyota: Mexico Leading Contender for Plant
LOS ANGELES Reuters is reporting that Toyota, Japan's largest automaker, plans to choose a site for its fifth North American assembly plant within the year, with Mexico a leading contender to host the facility, the head of the company's U.S. sales unit said on Wednesday. ``We are looking at Mexico as a very good potent ... Continue reading
AutoZone Reports First Quarter Earnings Per Share Up 65%
MEMPHIS, Tenn., Dec. 4 -- AutoZone, Inc. , today reported diluted earnings per share of $0.76 for its first quarter (12 weeks) ended November 17, 2001, a 65% increase from diluted earnings per share of $0.46 in the first quarter of fiscal 2001. Sales for the quarter increased 11% to $1.18 billion from $1.06 billion rep ... Continue reading
Laguna Seca Announces Long Term Relationship
MONTEREY, Calif., Dec. 4 -- The future of the prestigious Rolex Monterey Historic Automobile Races is assured as a new long-term agreement between Mazda Raceway Laguna Seca and General Racing Ltd. was reached today after months of negotiations. Kathryn Hayworth, president of the Sports Car Racing Association of the Mon ... Continue reading
Ford Motor Company Updates Fourth Quarter Financial Forecast
DEARBORN, Mich., Dec. 5 -- Ford Motor Company announced today it expects fourth quarter results, before one-time items, to be a loss of 50 cents a share. Previously, the company said it expected fourth quarter operating results to improve from the third quarter loss of 28 cents a share, although earning a profit would ... Continue reading
HASTINGS, Mich., Dec. 5 -- Hastings Manufacturing Co. (Amex: HMF) today named two veteran automotive executives to newly created positions, as part of the Company's drive to expand its presence as a global supplier of internal-engine components. The Hastings, Mich.-based supplier of piston rings and other engine compon ... Continue reading
CART Announces Search For New President
DETROIT, Dec. 5 -- Championship Auto Racing Teams, Inc. announced yesterday that Joseph F. Heitzler, Chairman, Chief Executive Officer and President, with the concurrence of the Board of Directors, has decided that the company will immediately begin a search for a new President and CEO. The restructuring has been appro ... Continue reading
AIADA Annual Meeting to Be Held Jan. 28 in New Orleans
WASHINGTON, Dec. 5 -- The American International Automobile Dealers Association (AIADA) will hold its 32nd Annual Membership Meeting and Luncheon on Monday, Jan. 28 at the Ernest N. Morial Convention Center, in conjunction with the National Automobile Dealers Association (NADA) Convention. AIADA is the lobbying and com ... Continue reading
Hayes Lemmerz International Files Voluntary Chapter 11
NORTHVILLE, Mich., Dec. 5 -- Hayes Lemmerz International, Inc., a leading global supplier of automotive and commercial highway wheels, brakes, powertrain, suspension, structural and other lightweight components, announced today that it and its direct and indirect domestic subsidiaries and one subsidiary in Mexico have ... Continue reading
Stephens Named Prez Of Cooper Tire
FINDLAY, Ohio, Dec. 5 -- Cooper Tire & Rubber Company today named D. Richard Stephens as president of Cooper Tire. Stephens was previously president of the International Tire Division of Cooper Tire, the position he held since December 2000. As president, Stephens will be responsible for the worldwide tire operations w ... Continue reading
US National Energy Bill to Provide Strong Support for Bio Fuels -Bye Bye OPEC
VANCOUVER, Dec. 5 - DynaMotive Energy Systems Corporation Los Angeles, California - James Acheson, Chief Operating Officer of DynaMotive Corp. (US), commented today on President Bush's support for a National Energy Plan. "DynaMotive has already received strong support in Canada and in the UK for its technology, so we w ... Continue reading
TROY, Mich., Dec. 5 -- ArvinMeritor Inc. announced that Bonnie Wilkinson has been appointed vice president and secretary, effective immediately. With more than 20 years of legal experience, Wilkinson began her career at ArvinMeritor in 1997 as assistant general counsel. Prior to joining ArvinMeritor, Wilkinson was an a ... Continue reading
Harley-Davidson, Inc. Announces Dividend
MILWAUKEE, Dec. 5 -- Harley-Davidson, Inc. announced today that its Board of Directors approved a quarterly cash dividend of 3 cents per share, payable December 28, 2001 to shareholders of record December 17, 2001. The Company currently has approximately 302.8 million shares of common stock outstanding. Harley-Davidson ... Continue reading
Autobytel Appoints Jeffrey Schwartz President and Chief Executive Officer
IRVINE, Calif., Dec. 5 -- Autobytel Inc. today announced that Jeffrey Schwartz has been appointed President and Chief Executive Officer effective immediately. Mr. Schwartz succeeds Mark Lorimer who resigned as Chief Executive Officer, President and Director. Mr. Schwartz joined the company as Vice Chairman on August 14 ... Continue reading
Motor Press Guild Names Dean Batchelor Award Winner LOS ANGELES, Dec. 5 -- The Motor Press Guild presented its Dean Batchelor Award at its annual Holiday Awards Dinner held last night at the Petersen Automotive Museum. This year's recipient was John Lamm, writer, photographer and 30 year veteran of the automotive indus ... Continue reading
AmeriCredit Increases Credit Facilities to $4.2 Billion
FORT WORTH, Texas--Dec. 5, 2001--AMERICREDIT CORP. announced today that it has increased the borrowing capacity available under its credit agreements to $4.2 billion by adding a $500 million structured warehouse facility with Merrill Lynch. The facility matures in November 2003. AmeriCredit also added a C$150 million s ... Continue reading
WASHINGTON--Dec. 5, 2001--Today, the Electric Vehicle Association of the Americas (EVAA) announced that it will have the largest display of electric technologies to be exhibited in the United States this year as part of its upcoming event, the "Electric Transportation Industry Conference: Battery, Hybrid, and Fuel Cell ... Continue reading
Environmental Solutions Worldwide Inc.: Receives Purchase Order for Air Sentinel System
MARKHAM, Ontario--Dec. 5, 2001--Environmental Solutions Worldwide, Inc. (ESW) (OTCBB: ESWW), a company that develops, manufactures, and sells environmental technologies, today announced that the Company has received a purchase order for one Air Sentinel(TM) Heavy Duty Industrial Catalytic Converter system. Zanker, Inc. ... Continue reading
Auto Channel -- Robert Gordon, Co-Publisher ON THE SCENE PRODUCTIONS PRESENTS A SATELLITE MEDIA TOUR JAMES PATTERSON’S VIOLETS ARE BLUE FEATURING DETECTIVE ALEX CROSS, MADE FAMOUS BY MORGAN FREEMAN IN “KISS THE GIRLS” AND “ALONG CAME A SPIDER” WEDNESDAY, DECEMBER 12, 2001 11:00 AM – 1:30 PM EASTERN Washingt ... Continue reading
-- The Electric Vehicle Association of the Americas (EVAA) has announced that it will have the largest display of electric technologies to be exhibited in the U.S. this year as part of its upcoming event, the "Electric Transportation Industry Conference: Battery, Hybrid, and Fuel Cell Technologies," which will be held ... Continue reading
Rexhall Industries Announces Record Sales at RVIA Trade Show
LANCASTER, Calif.--Dec. 5, 2001--Rexhall Industries, Inc. today announced that it had record sales at the RVIA National Trade Show last week in Louisville, KY. "We more than tripled our previous best year at the show by taking orders for nearly 150 motorhomes," stated William J. Rex, Chief Executive Officer. "We also s ... Continue reading
Trivest Affiliate Directed Electronics, Inc. Acquires Assets of ADS Technologies, Inc.
MIAMI--Dec. 2001--Trivest, Inc., through its affiliate Directed Electronics, Inc. ("Directed"), today announced that it has acquired certain assets of ADS Technologies, Inc. ("ADST" or the "Company"), a privately held designer and marketer of automotive loudspeakers, amplifiers, and electronic components. Directed, wit ... Continue reading
Fitch Issues Presale Report on Chevy Chase Auto Receivables Trust 2001-3
NEW YORK--Dec. 5, 2001--Fitch issued a presale report today on Chevy Chase Auto receivables Trust 2001-3 discussing the rating analysis behind Fitch's expected ratings on the offered notes. The collateral securing the notes is a pool of highly seasoned retail installment sales contracts secured by automobiles, light du ... Continue reading
Power Failure At Alcoa's Warrick, Indiana Smelter
PITTSBURGH--Dec. 5, 2001--Alcoa confirmed today that approximately two-thirds of the primary aluminum produced at its Warrick, Indiana, smelter has been lost due to two power failures within the past 24 hours at its on-site generating station. The remaining capacity is operating and stable. Warrick's nameplate capacity ... Continue reading
REPEAT/NEXIQ Technologies Selects XATA Corporation as the First Distributor of ePod
STERLING HEIGHTS, Mich.--Dec. 4, 2001--NEXIQ Technologies (OTCBB: NEXQ) today announced that XATA Corporation , a leading supplier of onboard computing systems for transportation companies, has teamed with the Company to be the first distributor of ePOD (Electronic Proof of Delivery). ePOD is a Palm OS, wireless and We ... Continue reading
Rostra Offers Aftermarket Seat Heater System
Attached is a new press release and low-res photo from Rostra Precision Controls, Inc. If you would like to view a high-res image please respond to this email to request. IF YOU DO NOT WISH TO RECEIVE EMAILED PRESS RELEASES: You may reply to this email to remove yourself from our list IF YOU PREFER TO RECEIVE OUR NEWS ... Continue reading
GOSHEN, Ind.--Dec. 5, 2001--Starcraft Corporation (OTCBB:STCR) today announced fourth quarter and year-end results. Earnings per share from continuing operations for the fourth quarter ended September 30, 2001 were $0.11 ($0.09 per diluted share) compared to a loss of ($0.18) per share (basic and diluted) for the fourt ... Continue reading
STEVEN SPIELBERG*TOM CRUISE*MINORITY REPORT SNEAK PEEK 12/6/01
Auto Channel -- Robert Gordon, Co-Publisher EXCLUSIVE WORLD PREMIERE THEATRICAL TRAILER STEVEN SPIELBERG TOM CRUISE MINORITY REPORT **NEVER BEFORE SEEN FOOTAGE** THURSDAY, 12/06/01 05:00AM – 05:15AM ET (2:00 - 2:15AM PT) 08:00AM – 08:15AM ET (5:00 - 5:15AM PT) GALAXY 3R/ [C-BAND] TRANSPONDER 11 DOWNLINK FREQ: 3920 ... Continue reading
BANBURY, England & PARIS--Dec. 5, 2001--Dassault Systemes -- Product Lifecycle Management Solutions Used in Car Design is Vital to the Subaru Driver's Victory in the FIA Series Last Sunday The Subaru World Rally Team, along with IBM and Dassault Systemes announced today that the use of Product Lifecycle Management Solu ... Continue reading
New Greases Control Noise, Free Motion in High-Shear Components
FAIRHAVEN, Mass.--Dec. 5, 2001--The Fluorocarbon Gel 868 series by Nye Lubricants, Inc. is a new family of PTFE-thickened damping greases designed for high-shear, metal-on-metal components that have to operate smoothly and quietly for extended periods. Damping greases are specialty lubricants. They reduce wear and seal ... Continue reading
Press Release: Ford Group of Companies
Press Release: Ford Group of Companies Date of Release: Dec 5, 2001 Confirms at A (low) and R-1 (low) Kam Hon, David Schroeder / 416-593-5577 ext.2243, ext.2232 / e-mail: khon@dbrs.com Ford Motor Company Rating Trend Rating Action Debt Rated A (low) Stable Confirmed Long Term Rating R-1 (low) Stable Confirmed Commercia ... Continue reading
Air Lift Introduces New Sport Suspension System
Attached is a new press release and low-res photo from Air Lift Co. If you would like to view a high-res image please respond to this email to request. IF YOU DO NOT WISH TO RECEIVE EMAILED PRESS RELEASES: You may reply to this email to remove yourself from our list IF YOU PREFER TO RECEIVE OUR NEWS VIA REGULAR MAIL PL ... Continue reading
BATON ROUGE, La. and TORONTO--Dec. 5, 2001--The PowerLOC Division of Paradigm Advanced Technologies, Inc. (OTCBB:PRAV) today confirmed that it has been chosen by the State of Louisiana to supply GPS capabilities for the State Police Vehicles for incident reporting. Phase I of this project involves outfitting some 550 S ... Continue reading
NASHUA, N.H.--Dec. 5, 2001--Tecnomatix Technologies, Ltd. , the leading provider of Manufacturing Process Management (MPM) software solutions, today announced that Michels GmbH, a leading automotive line builder headquartered in Saarbrucken, Germany, has purchased Tecnomatix eMPower(TM) CarBody software to implement a ... Continue reading
New Bose DVD Home Entertainment Systems Feature Cirrus DVD Video Processor
AUSTIN, Texas--Dec. 5, 2001--In a market where DVD players became the fastest-selling consumer electronic product ever(a), Cirrus Logic Inc. today announced that the world's premier manufacturer of high-end music and home theater systems, Bose(R) Corporation, has chosen Cirrus' CS98000, an advanced DVD video processor, ... Continue reading
SANTA ANA, Calif.--Dec. 4, 2001--December 7-9, 2001 the Cycle World International Motorcycle Shows(R) Presented by Toyota Trucks will return to the Long Beach Convention Center. The nation's oldest and largest consumer-oriented powersports show series, this once-a-year gathering of new model vehicles is truly a must-se ... Continue reading
Warrantech International Signs Agreement With Electrosave; Market Presence Expands in Southern Peru
EULESS, Texas--Dec. 5, 2001--Warrantech Corporation (OTC:WTEC), a leader and innovator in the field of service contracts and extended warranties, today announced that Warrantech Peru S.R.L., a subsidiary of Warrantech International Inc., has signed a three-year agreement with Electrosave S.R.L. Under the agreement, Ele ... Continue reading
PORTLAND, Ore.--Dec. 5, 2001-- The Partnership Will Bring Vehicle Supply in Line With Demand, Allowing Manufacturers to Cut Costs and Increase Dealer and Consumer Satisfaction Syncata, a business consulting and systems integration firm, and Chrome Systems Corporation, leading provider of automotive data, configuration ... Continue reading
OAKLAND, Calif.--Dec. 5, 2001--Kivera, the standard for dependable location-based services (LBS), today announced its partnership with Roadside Telematics Corp. to provide a complete, fully integrated emergency response solution. This partnership offers the first solution to combine roadside emergency medical informati ... Continue reading
Plastic Challenges Glass in Auto Glazing
News update from Chemicals.Frost.com 05 December 2001 Plastic Set to Challenge Glass in Automotive Glazing Systems Despite its success in headlamps, polycarbonate has so far been unable to penetrate the automotive glazing market. It may not however be too long before car window systems are made from plastic. David Plat ... Continue reading
Bridgestone Revises Earnings Forecast
Press Release: Bridgestone Corporation Date of Release: Dec 5, 2001 Comments on Revised Earnings Forecast Alden Greenhouse, David Schroeder/ 416-593-5577 ext.2281, ext.2232 / e-mail: agreenhouse@dbrs.com Bridgestone Corporation ("Bridgestone" or "the Company") has announced a significant downward revision for full-year ... Continue reading
Hiskey Overall Winner at Thunderhill
Hiskey Overall Winner at Thunderhill FOR IMMEDIATE RELEASE WILLOWS, Calif. (December 1, 2001) - Kim Hiskey and her Crazy Redhead Racing team overcame almost impossible hurdles to be the first to cross the finish line at the 2001 12 Hours of Thunderhill. Hiskey and her Grand American Rolex Sports Car Series teammate, Ra ... Continue reading
IRWINDALE SPEEDWAY 2001 SEASON SUMMARY
IRWINDALE SPEEDWAY 2001 SEASON SUMMARY By Tim Kennedy Irwindale Speedway, in its third year of operation, crowned one repeat champion and four new champions in the five established "in-house" racing classes that utilized the half or third mile tracks at the now well-known San Gabriel Valley motorsports competition faci ... Continue reading
Auto Club Gives Tips to Avoid Becoming a Theft or Crash Victim
LOS ANGELES--Dec. 5, 2001--During the holiday shopping season, crowds and distractions can pose additional hazards to consumers. The Automobile Club of Southern California reminds shoppers that they need to take precautions to ensure they won't become victims of a vehicle crash, burglary or robbery. "Crowds at shopping ... Continue reading
All I Want for Christmas is...TIRES?
December 6, 2001 Sacramento - Most of us have heard so much banter about tires for the last year that we're ready to move to roller blades for transport. But Canadians, well they love tires so much that 18% of them have placed tires on their Christmas wish list. That's according to Dunlop Tire who has just completed it ... Continue reading
Tires: the Rodnet Dangerfield of Auto Parts
December 6, 2001 Sacramento - Ms. Wilcox's idea of presenting tires as a Valentine's Day gift may not be such a bad idea after all. While Ms. Wilcox and Dunlop were doing their poll on what Canadian's want for Christmas, the NHTSA was busy conducting its own survey among American drivers and its results are not as tong ... Continue reading
West Mifflin Man Wins a Harley in Lottery's 2nd-Chance Drawing
MIDDLETOWN, Pa.--Dec. 5, 2001--A resident of Allegheny County is the Pennsylvania Lottery's most recent winner of a Harley-Davidson Sportster(R) 1200 Custom(TM) motorcycle. John Chavis, 46, recently won his prize through the Lottery's HARLEY-DAVIDSON(R) USA instant ticket second-chance drawing. Mr. Chavis is the fourth ... Continue reading
December 6, 2001 Sacramento - Honda Motor Co. christened its first light truck manufacturing plant in the U.S. yesterday at Lincoln, Ala. As the first Honda Odyssey minivan rolled off the assembly line, company officials announced they are boosting production capacity at the plant from the current 120,000 units to 150, ... Continue reading
Delphi Sells Composite Spring Business
December 6, 2001 Sacramento - It was a great idea conceived back in the 1970s as there were numerous attempts to develop plastic springs for automobiles. It's an ideal place to save weight and there is a corrosion issue as well. Since then there have been numerous attempts using various materials, but thus far no one h ... Continue reading
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