NADA DEVELOPS PRODUCTS FOR THE NATION OF CALIFORNIA
Feb 2, 2003
The N.A.D.A. Official Used Car Guide(R) Company Embarks Upon the Largest Automotive Market in the Country SAN FRANCISCO, Feb. 2 -- The N.A.D.A. Official Used Car Guide(R) Company, the nation's leading used vehicle valuation publisher and data services provider, today announced the launch of products designed specifical ... Continue reading
Auto Industry Launches Effort to Counter Critical Shortage of Service Technicians
Feb 1, 2003
SAN FRANCISCO, Feb. 1 -- Automotive Retailing Today (ART), a coalition of all major auto manufacturers and dealer associations, today launched an industry-wide campaign to respond to a critical shortage of dealership service technicians by overcoming outdated stereotypes about the career. The facts make a compelling ca ... Continue reading
GM Chief Vows to Stick to Incentives
Jan 31, 2003
SAN FRANCISCO January 31, 2003; Justin Hyde writing for Reuters reported that the head of General Motors Corp. vowed on Friday that the world's largest automaker will stick to its strategy of boosting sales through aggressive incentives, saying it was good for GM and the industry. Chairman-elect and Chief Executive Ric ... Continue reading
BorgWarner Supplies Five of Ward's '10 Best Engines 2003'
Jan 31, 2003
CHICAGO, Jan. 30 -- Five of the "10 Best Engines 2003" selected by Ward's Auto World -- the Volkswagen 1.8L turbocharged DOHC I-4, the Honda 2L DOHC I-4, the Ford 6L Power Stroke OHV V-8 Turbo Diesel, the Nissan 3.5L DOHC V-6, and the DaimlerChrysler 5.7L Hemi Magnum OHV V-8 -- are equipped with systems and components ... Continue reading
GM ups profit-eating incentives on SUVs
Jan 30, 2003
DETROIT, Jan 30, 2003; Tom Brown writing for Reuters reports that General Motors Corp. on Thursday ratcheted up consumer incentives on many of its most popular sport utility vehicles in an escalation of Detroit's profit-eating price war. The world's largest automaker said it was raising cash rebates by $500, to a total ... Continue reading
Toyota To Unveil All-New Tundra Double Cab at 2003 Chicago Auto Show
Jan 30, 2003
TORRANCE, Calif., Jan. 30 -- Toyota Motor Sales, U.S.A., Inc., will unveil its all-new Tundra Double Cab full-size pickup truck at the opening press conference at the 2003 Chicago Auto Show on Wednesday, Feb. 12. The all-new Tundra Double Cab will be significantly larger than the current Tundra Regular and Access Cab c ... Continue reading
Cummins Inc. Reports Full-Year Earnings of $1.89 Diluted Earnings Per Share
Jan 29, 2003
COLUMBUS, Ind.--Jan. 29, 2003--Cummins Inc. --Cash Flow of $122 Million Exceeds Company's Projections-- --Engine Business Dramatically Improves Results-- --Filtration Business Delivers Q4 EBIT Margins of 11.5 Percent-- --International Distributor Business Unit Delivers Q4 EBIT Margins of 7.8 Percent in First Year-- --E ... Continue reading
Cummins Inc. Appoints Ravi Venkatesan Vice President- India
Jan 28, 2003
COLUMBUS, Ind.--Jan. 28, 2003--Cummins Inc. today announced that Ravi Venkatesan, currently Managing Director - India, has been promoted to Vice President- India. Ravi is responsible for Cummins business in India including the Engine, Power Generation and International Distribution business units. He serves as Chairman ... Continue reading
Renault Trucks Receives Order for 2,820 Trucks
Jan 28, 2003
GOTEBORG, Sweden, Jan. 28, 2003; AB Volvo's subsidiary, Renault Trucks, has received an order from the French Armed Forces covering delivery of 2,820 trucks. The order is estimated at a value of EUR 160 M (about SEK 1.5 billion) during a five-year period. The trucks ordered, the GBC 180 model, will be manufactured at R ... Continue reading
Roadway Corporation Declares Dividend
Jan 24, 2003
AKRON, Ohio--Jan. 24, 2003--The Board of Directors of Roadway Corporation , today declared a cash dividend of $0.05 per share on the Company's common stock. The dividend is payable on March 3, 2003 to shareholders of record on February 14, 2003. Included in the Dow Jones Transportation Average, Roadway Corporation , is ... Continue reading
PACCAR Achieves Record Market Share
Jan 24, 2003
BELLEVUE, Wash.--Jan. 24, 2003--PACCAR (a) award for medium-duty conventional trucks has been won by either Kenworth or Peterbilt for four consecutive years. Kenworth and Peterbilt are the fastest growing medium-duty products in the marketplace and this growth has contributed to our dealers' profitability. PACCAR has e ... Continue reading
Cummins Inc. Appoints Jill Cook Vice President - Human Resources
Jan 24, 2003
COLUMBUS, Ind.--Jan. 24, 2003--Cummins Inc. today announced the appointment of Jill Cook as Vice President - Human Resources. Cook will lead the development and implementation of strategic Human Resource initiatives across all business units. She will also lead Corporate Employee and Labor Relations, Human Resources Fu ... Continue reading
GM cuts work for 500 commercial truck workers
Jan 24, 2003
FLINT, Mich. January 24, 2003; The AP reported that General Motors Corp. is cutting work for 500 employees who make medium-duty commercial trucks because of slow sales in the weak economy, the company announced. The layoffs are at the Flint Truck Assembly Plant. "This downtime is again driven by the fact that we need t ... Continue reading
GM Slows Plant Output, Raises Incentives
Jan 23, 2003
DETROIT January 23, 2003; Michael Ellis wrting for Reuters reports that General Motors Corp. said it was halting production at a commercial truck plant for eight weeks due to flagging demand amid a slow U.S. economic recovery, even as it raised incentives on other vehicles to boost sales. GM, the world's largest automa ... Continue reading
Nissan Opens European Design Centre in London
Jan 23, 2003
JapanCorp: <http://www.japancorp.net/?page_num=1> Nissan Opens European Design Centre in London Tokyo, Japan, Jan. 23, 2003 - (JCN Newswire) - Carlos Ghosn, President and CEO, Nissan Motor Company and Shiro Nakamura, Senior Vice President and Head of Design, Nissan Motor Company, today officially opened the company's n ... Continue reading
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