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August 2002

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Tuesday, August 6, 2002

Bill Elliott -- Watkins Glen Preview

Bill Elliott -- Watkins Glen Preview

<<ole0.bmp>> Kristine Curley Golin/Harris 704.924.9404 BILL ELLIOTT NO. 9 DODGE DEALERS INTREPID R/T WATKINS GLEN PREVIEW RAY EVERNHAM ON WHY INDY WAS A BIG WIN FOR THE TEAM "I guess I did get a little emotional on Sunday, but I don't think anyone understands how hard it was to get to this point. There's been a lot of ... Continue reading

#10 Kanaan CART Mid-Ohio Pre-Race Notes/Quotes

#10 Kanaan CART Mid-Ohio Pre-Race Notes/Quotes

Contact: Laz Denes, 256-657-6190 ldenes@monunnracing.com www.monunnracing.com Tony Kanaan #10 Pioneer-WorldCom/Mo Nunn Racing Honda-Lola CART Grand Prix of Mid-Ohio - August 9-11, 2002 - Pre-Race Notes/Quotes Mid-Ohio Sports Car Course - Lexington, Ohio - 2.258-Mile Road Course Round 11 of 19 on the 2002 CART FedEx Cha ... Continue reading

Complete List Of NHTSA Recalls This Week (Since July 30,2002)

Complete List Of NHTSA Recalls This Week (Since July 30,2002)

New information added to the databases since 07/30/2002. Recalls NHTSA CAMPAIGN ID Number: 02V202000 Component: SUSPENSION:SINGLE AXLE:REAR Manufacturer: GENERAL MOTORS CORP. Year: 2003 Make: CHEVROLET TRUCK Model: C4500 Recall Date: 08/01/2002 Type of Report: Vehicle Potential Number of Units Affected: 952 Manufacture ... Continue reading

Toyota recalls 154,000 Highlander SUVs

Toyota recalls 154,000 Highlander SUVs

DETROIT, Aug 6 Reuters reported that Toyota Motor Corp. has recalled 154,593 of its 2001 and 2002 model year Highlander sport utility vehicles due to a fuel-vapor nozzle which could leak during a front-end collision. Toyota discovered the problem nozzle during crash tests, said spokesman John Hanson. He said the automa ... Continue reading

Kia Recalls 25,000 Cars

Kia Recalls 25,000 Cars

Kia Motors Corp. will recall 25,000 of its 1998 Sephia compact cars because of an electrical problem which could prevent the hazard and turning lights from working, the National Highway Traffic Safety Administration said on Tuesday. Kia dealers will replace the hazard switch, the NHTSA said. ... Continue reading

New Hybrid-Electric Honda Civic Added to Fleet

New Hybrid-Electric Honda Civic Added to Fleet

WASHINGTON, Aug. 6 -- EV Rental Cars, the only car rental company in the United States to offer environmentally friendly vehicles, now boasts a fleet of new Honda Civic hybrid-electric vehicles at Budget Rent a Car's Reagan National Airport rental location in the nation's capital. It is the first car rental company in ... Continue reading

GM Endorses New Corporate Accountability Initiatives Including Expensing options.

GM Endorses New Corporate Accountability Initiatives Including Expensing options.

FOR RELEASE: August 6, 2002 GM Endorses New Corporate Accountability Initiatives Employee stock options to be expensed beginning in 2003 CEO, CFO plan to certify SEC filings unconditionally by Aug. 14 Board Governance Guidelines in place since 1994 DETROIT &#8211; General Motors, long recognized as a leader in good cor ... Continue reading

Timing System Solutions for Gasoline Engines

Timing System Solutions for Gasoline Engines

CHICAGO, Aug. 6 -- In its first engine management business with Hyundai, BorgWarner Morse TEC will supply complete timing systems for several applications of Hyundai gasoline engines. The total volume of timing systems for Hyundai engines across several platforms is expected to exceed 1,000,000 units. "This new busines ... Continue reading

New Research Quantifies State of E-Business Penetration Into Lower Tiers of the Automotive Supply Chain

New Research Quantifies State of E-Business Penetration Into Lower Tiers of the Automotive Supply Chain

TRAVERSE CITY, Mich., Aug. 6 -- The initial findings of a new research study authored by the Center for Automotive Research (CAR) at Altarum, with execution support from Amplitude Research, provides a first-of- its-kind glimpse into the lower tier automotive suppliers' assessment of e- business both up and down the sup ... Continue reading

Brett Favre Forces His Driving School to Include Passing

Brett Favre Forces His Driving School to Include Passing

DENVER, N.C., Aug. 6 The Jarrett/Favre Driving Adventure, Inc. announced today that after months of insistence by part owner, Green Bay Quarterback Brett Favre, the school has completely reorganized in order to include passing as a key element of their programs. "This is a great opportunity for us and our guests," said ... Continue reading

Goodyear Declares Dividend of 12 Cents per Share

Goodyear Declares Dividend of 12 Cents per Share

AKRON, Ohio, Aug. 6 - Directors of The Goodyear Tire & Rubber Company today declared a quarterly dividend of 12 cents a share. The dividend is payable September 16, to shareholders of record August 15. The payout represents an annual rate of 48 cents per share. Goodyear is the world's largest tire company. ... Continue reading

Top 10 Most Popular Vehicle Searches

Top 10 Most Popular Vehicle Searches

PORTLAND, Ore.--Aug. 6, 2002--Chrome Systems Corporation, provider of automotive data, configuration technology and commerce solutions announced today, the Chrome Top 10(TM), national and regional rankings of the nation's most popular vehicles researched online for the month of July. The Honda Accord trailed mainstay H ... Continue reading

GM Declares Quarterly Dividend

GM Declares Quarterly Dividend

FOR RELEASE: August 6, 2002 GM Declares Quarterly Dividend DETROIT &#8212; General Motors Corp. today declared a quarterly dividend of $0.50 per share on GM $1-2/3 par value common stock. The dividend is payable September 10, 2002, to holders of record as of August 16, 2002. The dividend rate is unchanged from the prev ... Continue reading

Consumer Portfolio Services Inc. Reports Second Quarter 2002 Earnings; Continued Growth in Revenues and Net Income

Consumer Portfolio Services Inc. Reports Second Quarter 2002 Earnings; Continued Growth in Revenues and Net Income

IRVINE, Calif.--Aug. 6, 2002--Consumer Portfolio Services Inc. today announced earnings for its second quarter, ended June 30, 2002. For the three months ended June 30, 2002 total revenues increased approximately $10.9 million, or 67%, to $27.2 million, compared with $16.3 million for the three months ended June 30, 20 ... Continue reading

DynaMotive Announces Board, Management Changes And Restructuring of Operations in Europe Following Rotch Ltd. Agreement

DynaMotive Announces Board, Management Changes And Restructuring of Operations in Europe Following Rotch Ltd. Agreement

VANCOUVER, British Columbia--Aug. 6, 2002-- DynaMotive Energy Systems Corporation (OTCBB:DYMTF) announced today that a streamlined Board of Directors has made certain senior management changes and is completing a restructuring of operations in Europe following Company's recently announced memorandum of understanding wi ... Continue reading

Probex to Hold Conference Call for Third Fiscal Quarter

Probex to Hold Conference Call for Third Fiscal Quarter

DALLAS--Aug. 6, 2002--Probex Corp. (AMEX:PRB), a technology-based renewable resource company, will hold a quarterly conference call to discuss results for the third fiscal quarter of 2002 at 9:30 A.M CDST on Thursday, August 8, 2002. Securities analysts and any other interested persons are invited to dial into the tele ... Continue reading

ADVISORY/Join NEOSA at the 2002 Cleveland ITEC Ribbon Cutting and Keynote Panel Discussion - ``Leveraging Today's Technology for Tomorrow's Competitive Advantage''

ADVISORY/Join NEOSA at the 2002 Cleveland ITEC Ribbon Cutting and Keynote Panel Discussion - ``Leveraging Today's Technology for Tomorrow's Competitive Advantage''

CLEVELAND--Aug. 6, 2002--NEOSA, the leading representative of the more than 2,000 Information Technology (IT) companies in Northeast Ohio and the Premier Partner for the 2002 Cleveland ITEC, invites technology buyers and the IT community of Northeast Ohio to attend the 2002 Cleveland ITEC Opening Ceremony and Keynote P ... Continue reading

Ansoft Announces First Quarter Financial Results Conference Call and Webcast

Ansoft Announces First Quarter Financial Results Conference Call and Webcast

PITTSBURGH--Aug. 6, 2002--Ansoft Corporation , announced it will release financial results for the first quarter ended July 31, 2002, after the market close on Wednesday, August 21, 2002. The earnings announcement will be followed by a conference call at 5:00 pm EST. A Web cast of the earnings conference call can be ac ... Continue reading

BLANEY-SAID; Notes-The Glen

BLANEY-SAID; Notes-The Glen

JASPER MOTORSPORTS *NOTE...Dave Blaney and Boris Said will be the guest at the RJR Media Breakfast in the Media Center at Watkins Glen on Saturday morning (9 a.m.) for those attending the race AND Dave Blaney and #77 Crew Chief Ryan Pemberton will be the guests on the NASCAR National Teleconference next Tuesday morning ... Continue reading

BUGS Signs LOI for Merger/Spin-Off with Majestic SAFE-T-PRODUCTS Ltd.; Safety Products & Diesel Emission Control Help Environment

BUGS Signs LOI for Merger/Spin-Off with Majestic SAFE-T-PRODUCTS Ltd.; Safety Products & Diesel Emission Control Help Environment

CARLSBAD, Calif.--Aug. 6, 2002--U.S. Microbics Inc. (OTCBB:BUGS) announced today that it has entered into a bilateral Letter Of Intent with Majestic SAFE-T-PRODUCTS Ltd. (MSPL) whereby BUGS will spin-off 70 percent of a newly-formed subsidiary to MSPL in a tax-free exchange for 30 percent ownership of MSPL. BUGS have r ... Continue reading

Covisint Selects Intel-Based Servers to Power Key Automotive Manufacturing Solutions

Covisint Selects Intel-Based Servers to Power Key Automotive Manufacturing Solutions

SANTA CLARA, Calif. & DETROIT--Aug. 6, 2002-- Covisint, the leading provider of e-commerce, supply chain and procurement services to the automotive industry, will use hundreds of Intel-based servers to run its procurement and quality planning solutions. The company selected Intel for its ability to provide a cost-effec ... Continue reading

Knowles Electronics Announces Second Quarter and Six Months 2002 Financial Results

Knowles Electronics Announces Second Quarter and Six Months 2002 Financial Results

ITASCA, Ill.--Aug. 6, 2002--Knowles Electronics Holdings Inc. announced its results for the quarter ended June 30 and the first six months of 2002. The manufacturer of hearing aid components and other products reported second quarter sales of $58.2 million, 2% more than the $57.3 million reported for the second quarter ... Continue reading

Media Advisory: Witness the Unveiling and Demonstration of Ballard's Breakthrough Power Generation System

Media Advisory: Witness the Unveiling and Demonstration of Ballard's Breakthrough Power Generation System

DEARBORN, Mich.--Aug. 6, 2002-- Ballard Power (TSX:BLD.TO) WHO: Firoz Rasul Chairman and Chief Executive Officer, Ballard Power Systems Ross Witschonke Vice President and General Manager, Ballard Power Systems Electric Drives & Power Conversion Division John Engler Governor, State of Michigan Carl Levin Senator, U.S. S ... Continue reading

NetManage's OnWeb Helps Drive Results for Bentley Motors

NetManage's OnWeb Helps Drive Results for Bentley Motors

CUPERTINO, Calif.--Aug. 6, 2002-- Luxury Automobile Manufacturer Web-enables AS/400 applications improving dealer operations and slashing communications costs NetManage, Inc. , experts in host access and integration solutions, today announced that Bentley Motors, a premier manufacturer of luxury performance automobiles ... Continue reading

StockPickReport.Com Announces Stock Evaluation Ratings: New Ratings on Texas Instruments, Ford Motor Company, KLA-Tencor, NVIDIA and Brocade

StockPickReport.Com Announces Stock Evaluation Ratings: New Ratings on Texas Instruments, Ford Motor Company, KLA-Tencor, NVIDIA and Brocade

SHREVEPORT, La.--Aug. 6, 2002-- StockPickReport.Com (IARD#119079 - http://www.stockpickreport.com/?src=pz ) makes these stock evaluations for the short term: Texas Instruments - Underperform Ford Motor Company - Underperform KLA-Tencor - Underperform NVIDIA - Underperform Brocade - Underperform WHAT THESE RATINGS MEAN: ... Continue reading

Flexcar Car Sharing - Innovative Solution to Traffic Congestion and Air Pollution

Flexcar Car Sharing - Innovative Solution to Traffic Congestion and Air Pollution

SEATTLE--Aug. 6, 2002--Flexcar, the nation's oldest and largest car-sharing company, has been recognized in a Sierra Club report entitled "Smart Choices, Less Traffic." The report, which was issued to help communities tackle their transportation challenges, includes a map that highlights the best and worst local plans ... Continue reading

Cars.com Celebrates its Fourth Birthday

Cars.com Celebrates its Fourth Birthday

CHICAGO--Aug. 6, 2002--Cars.com, a leading automotive consumer Web site, celebrates its fourth birthday this summer by continuing to separate itself from the crowded online automotive space. Despite the challenging economic times, the year 2002 has been the best in cars.com history as the company has experienced record ... Continue reading

New Car Review: 2003 Ford Expedition

New Car Review: 2003 Ford Expedition

2003 Ford Expedition XLT Base price: $39,535 Price as tested: $41,420 EPA mileage: 13 city/ 17 highway By Des Toups The flabbiest of the big sport-utilities has spent some time in the gym for 2003, and if the new Ford Expedition isn&#8217;t exactly buff, it&#8217;s certainly bulked-up, tighter and wearing nicer clothes ... Continue reading

Intier Automotive Selects AutoSite Pro

Intier Automotive Selects AutoSite Pro

IRVINE, Calif.--Aug. 6, 2002-- Leading Auto Interior Systems Company Joins the Growing Number of Tier-1 Auto Suppliers Utilizing AIC's Competitive Intelligence Tool Automotive Information Center (AIC), Autobytel Inc.'s vehicle data and content division, today announced that Intier Automotive Inc. , a multi-billion doll ... Continue reading

Toyota Announces Prices for 2003 Tundra Full-Size Pickup

Toyota Announces Prices for 2003 Tundra Full-Size Pickup

TORRANCE, Calif., Aug. 6 -- Toyota Motor Sales (TMS), U.S.A., Inc., announced manufacturer's suggested retail prices (MSRP) today for the Tundra full-size pickup, which arrive at dealer showrooms today. All new for 2003 is a StepSide model that blends a new dimension of style to the ruggedness, responsiveness, ride com ... Continue reading

Japan's Sales of Imported Autos Slipped 0.5% in July

Japan's Sales of Imported Autos Slipped 0.5% in July

TOKYO -- Dow Jones reported that the pace of on-year decline in sales of imported cars, trucks and buses in Japan eased in July to 0.5%, the Japan Automobile Importers Association said Tuesday. Sales fell 3.1% in June. The fall was also milder than the 5.8% decline in overall sales of new cars, including both Japan-mad ... Continue reading

BMW sees sales growing by one-third in five years

BMW sees sales growing by one-third in five years

DETROIT, Aug 5 Reuters reports that BMW plans to increase worldwide sales by nearly a third to more than 1.3 million vehicles within five years from over 1 million this year, the German automaker's Chairman Helmut Panke said on Monday. With the company's worldwide vehicle sales up 18 percent this year, Panke predicted ... Continue reading

Advanced Engine Technologies Reports Testing Of a Turbocharged Version of The OX2 Engine

Advanced Engine Technologies Reports Testing Of a Turbocharged Version of The OX2 Engine

LOS ANGELES, Aug. 5 - Advanced Engine Technologies, Inc. today announced that, following the successful test results of its normally aspirated OX2 internal combustion engine, it has initiated preliminary testing of a turbocharged version of the OX2 powerplant and the test results are positive. AET's OX2, design level t ... Continue reading

Cayenne S and Cayenne Turbo World Premiere in Paris- Includes Pricing

Cayenne S and Cayenne Turbo World Premiere in Paris- Includes Pricing

ATLANTA, Aug. 5 -- The Cayenne S and Cayenne Turbo -- the third model series from Dr. Ing. h.c. F. Porsche AG -- will be presented to the public for the first time at the Paris Motor Show, which will open on Sept. 28, 2002. ... Continue reading

Volvo Announces Pricing for the Next-Generation SUV, the All-New XC90

Volvo Announces Pricing for the Next-Generation SUV, the All-New XC90

IRVINE, Calif., Aug. 5 -- Volvo Cars of North America, LLC (VCNA) announced pricing today of its first-ever sport-utility vehicle, the all-new 2003 Volvo XC90. Two all-wheel-drive versions of the XC90 will be offered initially when the vehicle goes on sale in November: the XC90 AWD and the XC90 AWD T6. The XC90 AWD mod ... Continue reading

Johnson Controls to Acquire Varta Automotive Battery Business

Johnson Controls to Acquire Varta Automotive Battery Business

MILWAUKEE, Aug. 6 Johnson Controls, Inc., and VARTA AG today announced an agreement whereby Johnson Controls expects to acquire Varta's Automotive Battery Division, a major European automotive battery manufacturer. Johnson Controls will pay Euro 312.5 million for Varta's automotive battery business. The completion of t ... Continue reading

MEDIA AMERICAN RACE TRUCK RIDES AT THE I SPEEDWAY - SATURDAY!

MEDIA AMERICAN RACE TRUCK RIDES AT THE I SPEEDWAY - SATURDAY!

MEDIA ALERT CONTACT: Bill Tybur (480-966-9711) TAKE A RIDE IN AN AMERICAN RACE TRUCK AT IRWINDALE SPEEDWAY - SAT. MORNING AUG 10TH! The American Race Truck Series is bringing its unique new 2-seat racetruck to Irwindale Speedway this Saturday to provide all media representatives with the chance to tour "LA's Half Mile ... Continue reading

DENSO International America Selects Future Three for E-Commerce Initiative

DENSO International America Selects Future Three for E-Commerce Initiative

TRAVERSE CITY, Mich., Aug. 6 -- Future Three Software, Inc. a leading provider of Supply Chain Management solutions for the automotive industry, today announced that DENSO International America has selected Future Three's suite of Supply Chain Management (SCM) software to enhance trading partner visibility and to exten ... Continue reading

Patriot Motorcycles Corporation Signs Letter of Intent to Acquire Torque Engineering Corporation

Patriot Motorcycles Corporation Signs Letter of Intent to Acquire Torque Engineering Corporation

CORONA, Calif., Aug. 6 Patriot Motorcycles Corporation, a designer, manufacturer and distributor of hybrid motorcycles and motorcycle accessories, announced today that it has signed a Letter of Intent to acquire Torque Engineering Corporation (OTC: TORQ - News) developer and manufacturer of the TORQUE V-12, light weigh ... Continue reading

Hyundai Motor, union to meet on Daimler venture

Hyundai Motor, union to meet on Daimler venture

SEOUL, Aug 6 Samuel Len writing for Reuters reported that South Korea's largest carmaker Hyundai Motor Co said on Tuesday it planned to meet labour leaders over union demands that risk scuppering a multi-million dollar venture with DaimlerChrysler AG. Under the planned deal, Hyundai and DaimlerChrysler, the world's num ... Continue reading

Toyota ups fuel efficiency of hybrid Prius sedan

Toyota ups fuel efficiency of hybrid Prius sedan

TOKYO, Aug 6 Reuters reported that Toyota Motor Corp, said on today it had improved its hybrid gasoline-electric Prius sedan to make it the most fuel-efficient five-seat passenger car on the domestic market. Under Japanese government fuel economy tests, the new Prius does 31 km per litre, or 73 miles per gallon, outstr ... Continue reading

Rendezvous Beats RX300,MDX, M-Class, Mountaineer in Total Deliveries

Rendezvous Beats RX300,MDX, M-Class, Mountaineer in Total Deliveries

FOR RELEASE: August 5, 2002 DETROIT - Rendezvous has posted its best monthly sales since its introduction in June 2001. Breaking its previous record of 6,491 deliveries in October 2001, Rendezvous sales in July totaled 7,689. Rendezvous outpaced the Lexus RX 300, Acura MDX, Mercedes M-Class, and Mercury Mountaineer bot ... Continue reading

Jeffy GORDON TO CO-HOST LIVE WITH REGIS AND KELLY

Jeffy GORDON TO CO-HOST LIVE WITH REGIS AND KELLY

FOR IMMEDIATE RELEASE FURTHER INFO: Jon Edwards Performance PR Plus (704) 377-8727 Pprplus50@aol.com GORDON TO CO-HOST "LIVE WITH REGIS AND KELLY" ON AUGUST 8 HARRISBURG, N.C. - On August 8, four-time NASCAR Winston Cup champion Jeff Gordon is scheduled to make his third appearance as a co-host on the popular daytime t ... Continue reading

Featherlite's Second-Quarter Profits Grow to $1 Million

Featherlite's Second-Quarter Profits Grow to $1 Million

CRESCO, Iowa--Aug. 6, 2002--Featherlite, Inc. , a leading manufacturer and marketer of specialty aluminum trailers and luxury motorcoaches, today reported profits of $1.0 million, or 14 cents per diluted share, in the second quarter of 2002, which ended June 30th. This compares with a net loss of $4.1 million, or a los ... Continue reading

Automotive Future:``Smart,'' Self-healing, Lighter Plastics

Automotive Future:``Smart,'' Self-healing, Lighter Plastics

TRAVERSE CITY, Mich.--Aug. 6, 2002--Are self-repairing bumpers in our future? Will plastic crash cages be used to save lives someday? Will plastic body panels soon make it possible to maintain a showroom-floor shine for years and make painting obsolete? Will lighter, more fuel-efficient and safer cars dominate the road ... Continue reading

Paice Hyperdrive Meets Powertrain Needs for 21st Century Cars and Trucks

Paice Hyperdrive Meets Powertrain Needs for 21st Century Cars and Trucks

TRAVERSE CITY, Mich.--Aug. 6, 2002--Paice Corporation's breakthrough Hyperdrive(TM) is the most likely successor to today's automotive powertrains because it meets the needs of motorists and automakers without exotic new technology or higher costs, its developer told an automotive conference here today. Hyperdrive can ... Continue reading

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