ADVISORY/Action Performance, NASCAR, Chevrolet and Warner Bros. Make Racing a `Family' Affair
-- Action Performance Companies Inc., in conjunction with Chevrolet Monte Carlo, Warner Bros. and NASCAR, have partnered to make a day at the races a true family affair with a "Tribute to the American Family" featuring America's favorite cartoon characters, the Looney Tunes. You can reach the story directly by going to ... Continue reading
Ford Credit Auto Owner Trust 1999-C & 1999-D Upgr By Fitch
NEW YORK--June 7, 2001--Fitch upgrades Ford Credit Auto Owner Trust 1999-C class B asset-backed notes to 'AA' from 'A', class C asset-backed certificates to 'A+' from 'BBB+' and class D asset-backed certificates to 'BBB+' from 'BB+'. Fitch also upgrades Ford Credit Auto Owner Trust 1999-D class B asset-backed notes to ... Continue reading
Mobility Technologies Launches 'Digital Traffic Pulse' Network in Philadelphia
PHILADELPHIA--June 7, 2001--In ceremonies attended by Pennsylvania Governor Tom Ridge and Philadelphia Mayor John Street, Mobility Technologies, the leading provider of digital traffic and logistics information, announced today it has deployed its Digital Traffic Pulse(SM) sensor network in the Philadelphia area. The n ... Continue reading
News from Kenworth: Kenworth Names Service Council Members for 2001
NEWS RELEASE FOR IMMEDIATE RELEASE CONTACTS: Jeff Parietti, (425) 828-5196 jparietti@paccar.com Kenworth Names Service Council Members for 2001 KIRKLAND, Wash., June 7, 2001 -- Kenworth Truck Co. has named members of its 2001 Kenworth Service Council. The council consists of leading service managers from Kenworth deale ... Continue reading
NUREMBERG/ERLANGEN, Germany & BURLINGTON, Ontario-- June 7, 2001--Siemens Automation & Drives (A&D) is continuing to strengthen its position in the areas of manufacturing execution systems (MES) for e-manufacturing. Another step on the road to achieving its objective is an investment equal to 15 per cent of the shares ... Continue reading
TROY, Mich., June 7 ArvinMeritor, Inc. today announced that its Materials Engineering Team Leader Nathan Clark has received the "Outstanding Young Engineer of the Year" award from the Engineering Society of Detroit (ESD). The $1,000-award honors a young engineer who has displayed both exceptional ability and achievemen ... Continue reading
Fitch Rts DaimlerChrysler 2001-B ABS Nts `F1+'/`AAA'
NEW YORK--June 7, 2001--Fitch rates DaimlerChrysler Auto Trust (DCAT) 2001-B asset-backed notes as follows: -- $299,271,000 3.98% class A-1 notes, `F1+'; -- $615,000,000 4.25% class A-2 notes, `AAA'; -- $480,000,000 4.85% class A-3 notes, `AAA'; -- $405,000,000 5.32% class A-4 notes, `AAA'; -- $60,440,000 certificates, ... Continue reading
Details Cash and Growth Strategies at Investors Conference Call June 20 BOCA RATON, Fla., June 7 FuelNation Inc. (OTC Bulletin Board: FLNT) is a Florida-based developer and provider of real-time e-commerce communications and energy services. FuelNation's operations are conducted through its subsidiaries, affiliates and ... Continue reading
Sessions, Announcements Will Also Feature Real Estate, Manufacturing and Life Sciences Verticals DATELINE: DENVER, June 7, 2001 WHAT: FOCUS User Group Conference and Expo. J.D. Edwards will reveal new solutions targeting automotive and consumer goods companies. J.D. Edwards offers targeted software solutions for compan ... Continue reading
RWD Technologies' President Reveals How to Hit Home Run When Moving to Lean Production System
DEARBORN, Mich., June 7 Speaking Wednesday at the 13th annual Shingo Prize Conference at the Hyatt Regency here, Dan Slater, president, Manufacturing Performance Group, at RWD Technologies, explained to attendees that, more than anything, it is the overall culture of an organization that must change for lean manufactur ... Continue reading
Oshkosh Truck Extends Line of U.S. Marine Corps Tactical Vehicles with New Tow Truck Model
OSHKOSH, Wis.--June 7, 2001-- Ultra-Mobility Wrecker is First Defense Truck Equipped with Command Zone(TM) Technology Oshkosh Truck Corporation announced today that it has expanded its line of U.S. Marine Corps Medium Tactical Vehicle Replacement (MTVR) trucks with the addition of a ultra-performance tow truck. This mu ... Continue reading
ADVISORY/Con-Way Drivers Win Captain Spots on 2001 America's Road Team
-- Con-Way Western Express driver, Ina Daly, and Con-Way Central Express driver, Robert Kleinschmidt, were honored with one of the U.S. trucking industry's most coveted positions -- they were named as captains on the American Trucking Associations' (ATA) 2001 America's Road Team. Daly, Kleinschmidt and 11 other appoint ... Continue reading
ADVISORY/Reynolds and Reynolds Patriarch R.H. Grant Jr. Dies
-- R.H. (Dick) Grant Jr., former chairman of the board of The Reynolds and Reynolds Company , died Tuesday in Palm Beach, Fla. where he maintained his permanent residence. Mr. Grant, who also had homes in Dayton, Ohio and Essex, Conn., died following a brief illness. He was 88. You can reach the story directly by going ... Continue reading
ArvinMeritor, Inc. Keynote Speech for Bill Hunt At Global Powertrain Conference 2001
TROY, Mich., June 6 ArvinMeritor, Inc. keynote speech for Bill Hunt at Global Powertrain Conference 2001, Cobo Conference/Exhibition Center, Detroit, Mich., June 5, 2001: (Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO ) Good morning. When I joined Arvin Industries -- the world's largest exhaust systems ... Continue reading
'Click It Or Ticket' Nets 6,434 Occupant Protection Charges in Third Week
Officers Conduct Recording-Breaking Number of Activities and Issue More Citations RALEIGH, N.C., June 6 Law enforcement officers ticketed more than 6,400 drivers and passengers for failure to use seat belts and/or child safety seats during the third week of the spring "Click It or Ticket" campaign. They also conducted ... Continue reading
AUBURN HILLS, Mich., June 6 Chrysler Group President and CEO Dieter Zetsche told an audience of more than 500 people at the Women's Economic Club lunch today at Detroit's Cobo Hall that the company is committed to promoting women's careers and women's issues. "We must work to be the benchmark," in hiring and promoting ... Continue reading
Reynolds and Reynolds Patriarch R.H. Grant Jr. Dies
Asset Caption: R. H. (Dick) Grant Jr., former chairman of the board of The Reynolds and Reynolds Company, died Tuesday in Palm Beach, Fla. where he maintained his permanent residence. Mr. Grant, who also had homes in Dayton, Ohio and Essex, Conn., died following a brief illness. He was 88. Asset Caption: Web ready logo ... Continue reading
Reynolds & Reynolds Patriarch R.H. Grant, Jr. Dies
DAYTON, Ohio - R. H. (Dick) Grant Jr., former chairman of the board of The Reynolds and Reynolds Company , died Tuesday in Palm Beach, Fla. where he maintained his permanent residence. Mr. Grant, who also had homes in Dayton, Ohio and Essex, Conn., died following a brief illness. He was 88. Memorial services will be he ... Continue reading
Rouge Industries and FM Global Settle Powerhouse Insurance Claims
DEARBORN, Mich., June 6 Rouge Industries, Inc. announced today that its principal operating subsidiary, Rouge Steel Company, and its primary insurer, FM Global, have reached a final settlement on all outstanding insurance claims relating to the February 1, 1999, Rouge Complex Powerhouse explosion and fire. The Rouge Po ... Continue reading
Rush Enterprises Inc. to Present at the Morgan Keegan Transportation Conference
SAN ANTONIO--June 6, 2001--Rush Enterprises Inc. today announced that it will make a presentation at the Morgan Keegan Transportation Conference on Monday June 11, 2001, at 9:40 a.m. Eastern Daylight Time. The public can listen to the presentation live on the Internet from the RUSH Web site at http://www.rushenterprise ... Continue reading
States Take Temperature of TEA-21; Report Details Successes, Challenges and Solutions
WASHINGTON, June 6 Consolidation of federal highway safety programs, continued guaranteed funding and no new sanctions are the key safety-related actions Congress should take in the next surface transportation reauthorization (known as TEA-21) according to the National Association of Governors' Highway Safety Represent ... Continue reading
Timken Adds Wheel End Kits for Passenger Cars to Brazilian Product Line
SAO PAULO, Brazil, June 6 The Timken Company announced today the expansion of its aftermarket product line in Brazil to include both front and rear wheel end kits for passenger cars. These new service kits feature Timken(R) tapered roller bearings and other components needed for a complete rebuild. (Photo: http://www.n ... Continue reading
Werner Enterprises Declares Regular Quarterly Dividend
OMAHA, Neb.--June 6, 2001--Werner Enterprises, Inc., announced today that its Board of Directors has declared a regular quarterly cash dividend of $.025 (2.5 cents) per share payable to stockholders of record on July 2, 2001. This dividend will be paid on July 17, 2001. Werner Enterprises is beginning its fifteenth yea ... Continue reading
3D Systems and DTM Extend Tender Offer
3D Systems Corp. and DTM Corp. today announced that they have agreed to extend the expiration date of the tender offer for all the outstanding shares of common stock of DTM until midnight Eastern time on Monday, June 18, 2001. The tender offer had been scheduled to expire at midnight Eastern time, on Thursday, June 7, ... Continue reading
STRATTEC Hourly Employees Reject Ratification of Successor Contract;
At a union meeting held yesterday afternoon, STRATTEC SECURITY CORPORATION's hourly production workers, represented by PACE Local 7-0232, voted against the ratification of a successor contract, despite the unanimous endorsement of that contract by PACE Local 7-0232's bargaining committee. Although the vote was close, a ... Continue reading
Hayes Lemmerz Announces First Quarter Results
Hayes Lemmerz International, Inc. today announced results for the first quarter ended April 30, 2001. First quarter sales were $541 million compared to $595 million in first quarter 2000. First quarter sales also represent an increase from $475 million in fourth quarter 2000. First quarter EBITDA was $73 million compar ... Continue reading
Recreation USA Announces Money-Back Guarantee And Expanded Warranty
In an effort to boost consumer confidence and distinguish itself from its competition, Holiday RV Superstores, Inc. has adopted the industry's first money-back guarantee as well as expanded warranty program. The Ft. Lauderdale, Fla.-based RV and marine retailer, which operates under the tradename Recreation USA, plans ... Continue reading
CTS Announces Breakthrough in High Stability, Low-Noise Analog TCXOs
CTS Corporation announced the implementation of a new analog temperature compensation method for achieving precise frequency versus temperature stability, which is now being utilized in select CTS precision temperature compensated crystal oscillator (TCXO) designs. This innovative technique is based on intellectual pro ... Continue reading
Chrysler Group Teams with IBM in B2C Integration Initiative
Chrysler Group named IBM as its integration partner for Business-to-Consumer (B2C) Internet initiatives. IBM will work closely with Chrysler Group service providers such as Cobalt Group (supplier of Internet-based products and services) and Organic (web site developer) to integrate and streamline the company's web appl ... Continue reading
Collins & Aikman to Acquire Automotive Operations of Joan Fabrics
Collins & Aikman Corporation announced today that the waiting period for its proposed acquisition of the automotive business of Joan Fabrics under the U.S. Hart- Scott-Rodino (HSR) Antitrust Improvements Act of 1976 has expired. On April 18, 2001, Collins & Aikman announced that it had signed a letter of intent to purc ... Continue reading
Environmental Solutions' Clean Cat Diesel Catalyst Outperforms OEM
Environmental Solutions Worldwide, Inc., a company that develops, manufactures and markets environmental technologies, announced that the Company has completed a test program designed to demonstrate the effectiveness of its Clean Cat(R) Diesel Catalytic Particulate Reactor in removing toxic diesel particulate (soot). T ... Continue reading
Gatespace Signs Deal with Volvo
Gatespace, a provider of open standards-based distributed service platforms for designing, developing, and delivering network-based services, announced today that Volvo Technological Development, VTD, has signed a general Development Software License Agreement with Gatespace. VTD is planning to use Gatespace's OSGi bas ... Continue reading
CCC Announces Sale of Claims Administration Services
CCC Information Services Inc., a leading supplier of advanced software and communications systems to the automotive claims industry, today announced that its subsidiary CCC Consumer Services, Inc., has agreed to sale terms with Atlanta-based Fleming & Hall Administrators for its Southeast operations. The sale includes ... Continue reading
Myers Industries Comments On Financial Outlook
Myers Industries, Inc. announced that the decline in the economy, including the continued slump in automotive, recreational vehicle, and truck markets and weakness in the automotive aftermarket, will cause the Company's second quarter sales and earnings to fall far short of last year's levels. The decline began in Apri ... Continue reading
Visteon Announces Plans to Open New Facility In South Africa
Visteon Corporation announced plans to open a new facility in Port Elizabeth, South Africa, which will produce air fuel charge assemblies for the Ford Rocam engine. Located approximately eight kilometers from the Ford South Africa Engine plant, this 1,200-square-meter facility, with expansion capabilities for up to 4,5 ... Continue reading
Historic Red Bus Rides Again in Glacier National Park
Secretary of the Interior Gale A. Norton today announced the return of the newly refurbished, historic Red Bus #98 to Glacier National Park, made possible through a unique public/private partnership between the National Park Service, the National Park Foundation and Ford Motor Company. "Two years ago, it seemed that ag ... Continue reading
Asset Caption: Espial sent Gene Myers, a software developer from London, England into outer space for his ExZam application, an interactive testing service for interactive digital TV (iDTV). Asset Caption: Espial logo Asset Caption: Espial news releaseAsset Description: Word document file Business Editors & High Tech W ... Continue reading
Guy Ritchie's 'Star' Premieres on bmwfilms.com
New Short-Film Part of 'The Hire,' a Collection of Internet Digital Films Featuring the Movie Industry's Best Talent WOODCLIFF LAKE, N.J., June 7 "Star," a new film by acclaimed British filmmaker Guy Ritchie, premiered today on bmwfilms.com. Star is the fourth film from "The Hire," an unprecedented web-based entertainm ... Continue reading
Chrysler Group Leading Industry in Tire Pressure Monitoring Systems
Jeep(R) Grand Cherokee First SUV to Offer Tire Pressure Monitoring System Chrysler Group Minivans First to Offer Pressure-based Tire Monitors AUBURN HILLS, Mich., June 7 The Chrysler Group will take a leadership position in tire pressure monitoring with the launch of its 2002 model year line up, becoming the first manu ... Continue reading
Chrysler Group Leads Industry With SUV and Truck Side Curtain Air Bags
AUBURN HILLS, Mich., June 7 The Chrysler Group is leading the way in air bag safety by becoming the first manufacturer to offer side curtain air bags on a full-size pickup and the first to offer side curtain air bags in the majority of its 2002 sport-utility vehicles sold under the Jeep(R) and Dodge brands. For the 200 ... Continue reading
Chrysler PT Cruiser Heats Things Up in 2002
AUBURN HILLS, Mich., June 7 The hottest vehicle on the planet just got hotter, thanks to new flame accents available for the 2002 Chrysler PT Cruiser. As a new factory option, customers can order their 2002 Chrysler PT Cruiser with subtle tone-on-tone flames rippling over the hood and front fenders. "The PT Cruiser has ... Continue reading
TORRANCE, Calif., June 7 A group of key executives and engineers from leading automotive aftermarket manufacturers were given an advance preview of the all-new Acura RSX at a special program held at American Honda headquarters in Torrance. The preview provided the aftermarket community with a close-up look at Acura's s ... Continue reading
Chrysler and Dodge to Offer DVD Entertainment Systems in 2002 Minivans
AUBURN HILLS, Mich., June 7 The company that invented the minivan nearly 20 years ago will offer DVD Rear Seat Video(R) entertainment systems in its 2002 model year minivans including Chrysler Voyager, Chrysler Town & Country, Dodge Caravan and Dodge Grand Caravan. "One of the key ingredients to the minivan success for ... Continue reading
Accident Prevention Plus Retains Euro Partners
Accident Prevention Plus, Inc., Long Island, New York based developer and marketer of onboard computer recording systems, has announced that it has retained the services of Euro Partners Co Ltd., a boutique corporate finance firm with offices in Europe and Israel, to maximize Accident Prevention Plus' visibility throug ... Continue reading
Cummins Applauds EPA/DOJ Decision
Cummins Only Engine Manufacturer to Publicly State It Will Meet October 2002 Emissions Requirements Cummins Inc. confirmed today that it had received a letter from the U.S. Environmental Protection Agency (EPA) and the Department of Justice (DOJ) reaffirming the government's intention to enforce the terms of the consen ... Continue reading
Cummins Inc. Highlights Future Opportunities
Cummins Inc. announced that the company will benefit over the next few years from a rebound in many of its key markets, as well as from its continued focus on cutting costs. "Our various business segments hold a number of exciting growth opportunities -- growth in revenue, profitability and cash generation," said Chair ... Continue reading
Equity Accelerator Program Extended At Reduced Rate
Kenworth Truck Company and PACCAR Financial Corp. have extended the Kenworth Equity Accelerator financing program through June 30, 2001 at a reduced rate of 7.5%. The U.S. program is designed to help truck buyers overcome rising operating costs by giving them a low finance rate that can only go lower. Kenworth Equity A ... Continue reading
LumiLeds and Wooyoung Extend Partnership to LCD Backlighting Market
LumiLeds Lighting, the leader in high flux, high powered LED (light emitting diode) technology, today announced a significant extension to their strategic partnership into the LCD backlighting market with Wooyoung Co. Ltd., the largest and highest quality LCD backlight manufacturer in Korea. The combination of LumiLeds ... Continue reading
The 'Smart' Car: A New Milestone for Plastics in Auto
The development of the 'Smart' car, the first car with an all-plastic chassis, represents a revolution in the automotive industry in almost every respect. From design through to assembly, this car is a unique concept that could have big implications for future generations of motor vehicles and the materials used to mak ... Continue reading
World Transport Authority Announces Letter of Intent With Zastava
World Transport Authority Inc. announced that it has entered into a letter of intent with Zastava Automobili (Zastava) of the former Yugoslavia. The letter concerns a proposed contract between the two parties, under which World Transport Authority would supply composite fiberglass panels for Zastava automobiles and Zas ... Continue reading
ATLANTICS: Hoover Orsi and Hylton Motorsports Score First Victory
Posted By Terry Callahan Motorsports Editor, The Auto Channel June 6, 2001 Irvine, California – Hoover Orsi, driver of the #9 US Print/Toyota/Swift for Hylton Motorsports, earned his first Toyota Atlantic Victory at the Milwaukee Mile, Sunday, also marking the teams first win in Toyota Atlantic competition. Orsi, ... Continue reading
NASCAR WCUP: Elliott returns No. 9 to Michigan International Speedway
Posted By Terry Callahan Motorsports Editor, The Auto Channel June 7, 2001 BROOKLYN, Mich. -- For Bill Elliott, driver of the No. 9 Dodge Dealers Intrepid R/T, this weekend's race at Michigan International Speedway will be a sentimental journey. He is bringing the car that made him famous -- the No. 9 -- back to the tr ... Continue reading
NASCAR WCUP: Atwood revving up red Intrepid for the Blue Light Special
Posted By Terry Callahan Motorsports Editor, The Auto Channel June 7, 2001 BROOKLYN, Mich. - Casey Atwood likes to shop when he's on the road, and he hopes his trip to this weekend's Kmart 400 includes the ultimate blue light special - a trip to victory lane for his red No. 19 Dodge Dealers Intrepid R/T. "It would be g ... Continue reading
NASCAR WCUP: Jarrett makes move to Michigan Speedway, Site of first win
Posted By Terry Callahan Motorsports Editor, The Auto Channel June 7, 2001 BROOKLYN, Mich. - #88 UPS driver Dale Jarrett has fond memories of Michigan Speedway and for good reason. Items to consider heading into Sunday's Kmart 400 (FX; 1 p.m. EDT): In 1991, Jarrett captured the first victory of his Winston Cup career a ... Continue reading
NASCAR WCUP: Sears Point Hits Airwaves with NASCAR Preview Show on FOX Sports Net
Posted By Terry Callahan Motorsports Editor, The Auto Channel June 7, 2001 SONOMA, Calif. - For the third consecutive year, Northern California motorsports fans will be treated to a television show previewing the Dodge/Save Mart 350 NASCAR Winston Cup event at Sears Point Raceway. The "Dodge/Save Mart 350 NASCAR Previe ... Continue reading
Northern Light IRL: Infiniti drivers Cheever and Buhl prepared for Texas run
Posted By Terry Callahan Motorsports Editor, The Auto Channel June 7, 2001 INFINITI NOTES: *This will be the fifth race for the all-new Infiniti 35A engine. Eddie Cheever Jr. scored the best finish with the engine, to date, by finishing ninth at the Infiniti Grand Prix of Miami. Robbie Buhl was a serious contender for ... Continue reading
NASCAR Trucks: Brendan Gaughan and Orleans Motorsports are ready to do battle at Texas
Posted By Terry Callahan Motorsports Editor, The Auto Channel June 7, 2001 Las Vegas--Heading for the great state of Texas, Brendan Gaughan and Orleans Motorsports are ready to do battle in the upcoming O'Reilly 400 at Texas Motor Speedway on June 8. Running with Texas-based TKO Motorsports, Gaughan will be looking to ... Continue reading
Northern Light IRL: Foyt gives Beechler another chance in Texas
Posted By Terry Callahan Motorsports Editor, The Auto Channel June 7, 2001 INDIANAPOLIS - A.J. Foyt hopes that payback can be rich for Donnie Beechler. Beechler will drive for four-time Indianapolis 500 winner Foyt in the Casino Magic 500 on June 9 at Texas Motor Speedway in Fort Worth, north of Foyt's headquarters and ... Continue reading
Northern Light IRL: Richmond could see more speed
Posted By Terry Callahan Motorsports Editor, The Auto Channel June 7, 2001 1999 Indy Racing champion Greg Ray was the fastest driver during a two-day private test May 30-31 at Richmond International Raceway at 164.134 mph, but he thinks the MBNA Pole speed could be nearly 3 mph faster during the Northern Light Series' ... Continue reading
FORMULA ONE: Canadian roots run deep for Villeneuve
Posted By Terry Callahan Motorsports Editor, The Auto Channel June 7, 2001 MONTREAL - He may have spent much of his life living in Monaco, but Jacques Villeneuve still considers Canada as home. Born in St. Jean sur Richelieu, Quebec, Villeneuve moved to Monaco at a young age when his father, Formula One ace Gilles Vill ... Continue reading
NASCAR BGN: Keller prepares for the unkown at Kentucky Speedway
Posted By Terry Callahan Motorsports Editor, The Auto Channel June 7, 2001 BOISE, Idaho --- The NASCAR Busch Series, Grand National Division is competing at four new tracks in three new cities during the 2001 season. For the first time since 1989 (Louisville Speedway), the Busch Series will be heading to Kentucky. Jaso ... Continue reading
NASCAR WCUP: Hamilton ready for long summer swing starting at Michigan
Posted By Terry Callahan Motorsports Editor, The Auto Channel June 7, 2001 CHARLOTTE, N.C. – As the NASCAR Winston Cup Series gets rolling on its long summer swing through the country, Bobby Hamilton and the Square D Racing Team are keeping their focus on the championship points battle. After 13 races, the team i ... Continue reading
NHRA'S 50 GREATEST DRIVERS: Number 25; 'TV Tommy' Ivo
Posted By Terry Callahan Motorsports Editor, The Auto Channel June 7, 2001 Ever since professional sports entered the realm of big business, one of the most commonly stressed areas has been showmanship. Events needed to feature intense competition to please the purist, and, at the same time, provide a colorful visual s ... Continue reading
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