Saturday, June 8, 2002

GM - Fiat Engine Unit Suspends Output For a Week

MILAN, June 8 Reuters is reporting that U.S.-Italian company Power Train which produces engines and gear for Fiat (Milan:FIA.MI - News) cars will shut down its plant in Termoli, southern Italy for a week at the end of June, the company spokesman said on Saturday. "The plant in Termoli will be closed for a week starting ... Continue reading

Ducati Moves North American Operations to California

BOLOGNA, Italy, June 7 Ducati Motor Holding S.p.A., a leading manufacturer of high performance motorcycles, today announced that it is re-locating its North American subsidiary from New Jersey to California, in a move to get closer to the center of the US motorcycle industry. The North American market is a priority for ... Continue reading

Jim Fresard Pontiac/Buick Awarded GMC Truck Franchise And Purchases Gage Oldsmobile

ROYAL OAK, Mich., June 7 -- Doug Fresard, President of Jim Fresard Pontiac/Buick confirmed today that they have reached an agreement with General Motors to become the Detroit area's newest GMC Truck Franchise. "We are very pleased to add the GMC Truck product line up to our growing family of dealerships. We have a larg ... Continue reading

Eaton Purchases Remaining Share of Chinese Joint Venture Company

CLEVELAND--June 7, 2002--Diversified industrial manufacturer Eaton Corporation today said it has purchased the remaining interest in its Jining Eaton Hydraulics Company, Ltd. (JEHYCO) hydraulic systems joint venture company in Jining, China, for an undisclosed amount. The joint venture, formed in 1994 with Jining Hydra ... Continue reading

Manny, Moe & Jack Announces Sales Update

PHILADELPHIA--June 7, 2002--The Pep Boys - Manny, Moe & Jack , the nation's leading full service automotive aftermarket chain, announced that although it does not normally release sales on an intra-quarter basis, it will disclose that second quarter-to-date (May 5 - June 6) comparable store sales increased approximatel ... Continue reading

Timothy E. Lee Named Successor as GM Europe Vice President of Manufacturing

June 7, 2002 DETROIT- James R. Wiemels, currently GM Vice President of Manufacturing in Europe, will return to the United States where he will focus on the global integration of GM's manufacturing process before being assigned to a key-operating role in GM North America. Wiemels will report to Gary L. Cowger, president ... Continue reading

TEAM Vehicle Sales Announces Nashville, Tennessee Vehicle Sales Center Opening

CORAL SPRINGS, Fla.--June 7, 2002--TEAM Vehicle Sales ("TEAM") announced today the grand opening of its retail vehicle sales center in Nashville area, located at 173 Industrial Boulevard in LaVergne, Tennessee. TEAM Vehicle Sales, Nashville is the fourteenth national retail vehicle sales center opened in the last twent ... Continue reading

2002 Canadian Grand Prix Free Practice

Honda F1 Press Information 7 June 2002 PANIS SETS HONDA PACE IN MONTREAL B.A.R Honda driver goes seventh fastest in Free Practice ------------------------------------------------ Oliver Panis (Lucky Strike B.A.R Honda) finished seventh fastest to head the Honda quartet in today’s free practice session for the Can ... Continue reading

Grand-Am Cup Team Grooming Engineers of Tomorrow

Grand-Am Cup Team Grooming Engineers of Tomorrow DAYTONA BEACH, Fla. (June 7, 2002) - In addition to providing a place for drivers to develop into the stars of tomorrow, the Grand-Am Cup Street Stock Series is also grooming some of the engineering leaders of the future. SpeedSource, the 2001 Grand-Am Cup Grand Sport II ... Continue reading