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September 2004

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Wednesday, September 8, 2004

Auto Centrix Inc. Announces the Acquisition of Dominion Auto Auction Group, Inc.

Auto Centrix Inc. Announces the Acquisition of Dominion Auto Auction Group, Inc.

TAMPA, Fla.--Sept. 8, 2004--Auto Centrix, Inc. ATCX.PK, headquartered in Halifax, Nova Scotia announced today that it has acquired 100% of Dominion Auto Auction Group, Inc. The purchase price is comprised of both monetary and common share components. Dominion Auto Auction offers weekly public and wholesale auctions of ... Continue reading

GM Certified Used Vehicles to List Inventory on Yahoo! Autos

GM Certified Used Vehicles to List Inventory on Yahoo! Autos

Consumers Can View, Shop Complete Listings of More Than 80,000 Vehicles from Industry's Top-Selling Certified Used Vehicle Brand DETROIT, Sept. 8 -- GM Certified Used Vehicles, the top- selling manufacturer-certified used vehicle brand*, today announced an agreement with Yahoo! that allows consumers to view GM Certifie ... Continue reading

GM Raises Incentives on Most 2005 Vehicles After Subpar August; Ford Maintains Deals

GM Raises Incentives on Most 2005 Vehicles After Subpar August; Ford Maintains Deals

DETROIT September 8, 2004; John Porretto writing for the AP reported that General Motors Corp., coming off a third straight month of declining sales, added $500 to $1,000 in cash incentives on most 2005 model year vehicles Wednesday, as the world's largest automaker tries to spark a late-year rally. GM's cash rebates o ... Continue reading

Lux Ready to Make SCCA History

Lux Ready to Make SCCA History

Lux Ready to Make SCCA History ALOHA, Ore., September 8, 2004 - Aloha, Oregon's Cindi Lux has made history several times in her racing career. She was the inaugural champion of the American Le Mans Series (ALMS) Women's Global GT Series in 1999 and competed as part of the first all-female ALMS driver squad at Petit Le ... Continue reading

Rep. Knollenberg, Automotive Suppliers to Discuss Counterfeit Parts at Washington Automotive Press Association Luncheon

Rep. Knollenberg, Automotive Suppliers to Discuss Counterfeit Parts at Washington Automotive Press Association Luncheon

RESEARCH TRIANGLE PARK, N.C., Sept. 8 -- Rep. Joe Knollenberg (R-Mich.) and representatives of the Motor & Equipment Manufacturers Association (MEMA) will discuss the issue of counterfeit automotive parts and its ramifications for American manufacturers and consumers at the Washington Automotive Press Association lunch ... Continue reading

Pricing Critical in the Cost-Conscious Indian Automotive Market

Pricing Critical in the Cost-Conscious Indian Automotive Market

PALO ALTO, Calif.--Sept. 8, 2004--The growing demand for economy-range cars has compelled manufacturers in the Indian automotive market to provide cars at every price point. Passenger cars, especially those in segment 'B' ($6,700 to $11,000), are the fastest selling. Automobile manufacturers are also currently trying t ... Continue reading

Hayes Lemmerz Reports Second Quarter 2004 Results

Hayes Lemmerz Reports Second Quarter 2004 Results

NORTHVILLE, Mich., Sept. 8 -- Hayes Lemmerz International, Inc. reported that sales for the fiscal second quarter, ended July 31, 2004, rose 4% to $523.7 million compared with $502.8 million a year earlier. Sales for the six months ended July 31, 2004 were $1,117.8 million compared to $1,018.1 million a year earlier, a ... Continue reading

CarMax Reports Second Quarter Sales

CarMax Reports Second Quarter Sales

RICHMOND, Va., Sept. 8 -- CarMax, Inc. today reported sales for the second quarter ended August 31, 2004. * Total sales rose 7% to $1.32 billion from $1.24 billion in the same period last year. * Total used unit sales rose 4% for the quarter. * Comparable store used unit sales declined 7% for the quarter. ... Continue reading

New Car Online Price Shoppers Most Likely to Stick With Requested Brand and Model According to Polk Study

New Car Online Price Shoppers Most Likely to Stick With Requested Brand and Model According to Polk Study

New Car Buyers 14 Times More Likely to Buy Intended Make Than General Population; Average Buying Window 50 Days IRVINE, Calif., Sept. 8 -- According to a recent study by R. L. Polk & Co.* two out of three consumers who submitted a new vehicle Purchase Request through Autobytel bought a vehicle -- with 42% buying a new ... Continue reading

Kelley Blue Book Names Ford Mustang 'Best Redesigned Vehicle of 2005'

Kelley Blue Book Names Ford Mustang 'Best Redesigned Vehicle of 2005'

Ford Claims Top Honors for Redesign Two Years in a Row IRVINE, Calif., Sept. 8 -- The editorial staff of Kelley Blue Book, (www.kbb.com) America's most trusted resource for new and used vehicle information, has reviewed all of the 2005 model year vehicles that underwent a significant redesign and today names the 2005 F ... Continue reading

New Car Review: 2004 VW Phaeton W12

New Car Review: 2004 VW Phaeton W12

THE AUTO PAGE By JOHN HEILIG SPECIFICATIONS MODEL: Volkswagen Phaeton ENGINE: 6.0-liter W12 HORSEPOWER/TORQUE: 420 hp @ 6,000 rpm/406 lb.-ft. @ 3,250rpm TRANSMISSION: 5-speed automatic with manual-shift capability WHEELBASE: 118.1 in. LENGTH x WIDTH x HEIGHT: 203.7 x 74.9 x 57.1 in. TIRES: 235/55HR17 ECONOMY: 12 mpg ci ... Continue reading

Kia Amanti could be classic in the making in U.S.

Kia Amanti could be classic in the making in U.S.

Seoul September 7, 2004; Bloomberg reported that the Kia Amanti, an eye-catching Korean sedan that went on sale in the United States about 10 months ago, may be a rookie destined for stardom. The Amanti (the Opirus on Kia's home soil) has been flying out of showrooms — despite most car buyers still not having hea ... Continue reading

South Korea: More imported autos to vie in upper markets

South Korea: More imported autos to vie in upper markets

Seoul September 7, 2004; Kim Tae-gyun writing for the Korea Hearald reported that foreign carmakers in Korea plan to introduce about 10 new models during the last four months of this year, heating up competition with local makes in higher end market segments, industry watchers said yesterday. Audi Korea, the Korean arm ... Continue reading

Peugeot-Citroen Has 'Stop and Start' Car

Peugeot-Citroen Has 'Stop and Start' Car

PARIS September 7, 2004; The AP reported that PSA Peugeot Citroen SA will introduce an environmentally friendly car that shuts down its engine when the vehicle is stopped at a traffic light or in a traffic jam, the French car maker said Tuesday. The car can cut fuel costs by up to 15 percent in urban driving with heavy ... Continue reading

Honda Will Add New Sport Utility Vehicle and Readies for Launch of Accord Hybrid

Honda Will Add New Sport Utility Vehicle and Readies for Launch of Accord Hybrid

DETROIT September 7, 2004; John Porretto writing for the AP reported that Honda Motor Co. will expand its lineup of sport utility vehicles with a new model from the Acura luxury division, even as the Japanese automaker says its focus is on fuel economy and it considers other hybrid models. Takeo Fukui, Honda's presiden ... Continue reading

SDC Technologies, Inc. Announces Change of Ownership

SDC Technologies, Inc. Announces Change of Ownership

ANAHEIM, California, September 7 -- - The Compass Group International LLC Teams With Management to Pursue Growth Opportunity in Specialized Functional Coatings SDC Technologies Inc. (SDC), a California-based global supplier of functional surface technologies, coatings and materials, today announced that 100% of the Com ... Continue reading

Terence Seikel to Resign as President and CEO of Advanced Accessory Systems

Terence Seikel to Resign as President and CEO of Advanced Accessory Systems

STERLING HEIGHTS, Mich., Sept. 7 -- Advanced Accessory Systems, the leading manufacturer of automotive roof racks and towing systems in North America and Europe, announced today that Terence C. Seikel will resign as president and chief executive officer effective December 31, 2004, unless a successor is identified earl ... Continue reading

Westport Signs New Collaboration Agreement with Isuzu for Compressed Natural Gas Direct Injection engine (CNG-DI) technologies

Westport Signs New Collaboration Agreement with Isuzu for Compressed Natural Gas Direct Injection engine (CNG-DI) technologies

VANCOUVER, British Columbia--Sept. 7, 2004--Westport Innovations Inc. (TSX: WPT) has signed a new joint partnership and funding agreement with Isuzu for the application of Westport's Compressed Natural Gas Direct Injection engine (CNG-DI) technologies on Isuzu commercial ELF vehicles. Isuzu will provide to Westport app ... Continue reading

Shawn Murray Advances to the 2004 XMODS Racing League (XRL) National Finals in Atlanta

Shawn Murray Advances to the 2004 XMODS Racing League (XRL) National Finals in Atlanta

Shawn Murray Crowned as St. Louis's XRL Champion FORT WORTH, Texas, Sept. 7 -- The 2004 XMODS Racing League (XRL) National Tournament, a national radio control (RC) tournament sponsored by RadioShack Corporation , raced into St. Louis just long enough for Shawn Murray to prove his mettle on the racetrack against hundre ... Continue reading

ArcaEx, 2004 Delphi Indy 300 Fact Sheet

ArcaEx, 2004 Delphi Indy 300 Fact Sheet

If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email /f ... Continue reading

XM Satellite Radio 2004 Delphi Indy 300 Fact Sheet

XM Satellite Radio 2004 Delphi Indy 300 Fact Sheet

If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email /f ... Continue reading

Klein Tools/Jim Beam 2004 Delphi Indy 300 Fact Sheet

Klein Tools/Jim Beam 2004 Delphi Indy 300 Fact Sheet

If the following text-only file is not easily readable, particularly any tables of numbers, try enlarging this window since every line has a forced end and there is no word-wrap. Otherwise, this report will look and print better from the following PDF file: http://www.sportssystems.com/applib/PDFload.cfm?file=/email /f ... Continue reading

Nissan, Art Schmitt Debut New 2005 Frontier Racer With Victory

Nissan, Art Schmitt Debut New 2005 Frontier Racer With Victory

CRANDON, Wis.--Sept. 7, 2004--Veteran Nissan driver Art Schmitt and his No. 8 Nissan Frontier race truck surged to the early lead and never looked back at the BorgWarner World Championships at the Crandon International Off-Road Speedway. Schmitt's wire-to-wire victory in the Championship Off-Road Racing Series (CORR) P ... Continue reading

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