Ford's expanded Windsor operations to produce new Triton(TM) V-8 engine
Nov 6, 2002
WINDSOR, ON, Nov. 5,2002; Ford of Canada's largest engine plants soon will begin full-scale production of a new 5.4-litre Triton V-8 engine that will power the next-generation Ford F-150 pickup. The milestone will mark the culmination of a massive, three-year expansion program and investment of nearly $770 million (Cdn ... Continue reading
Nov 6, 2002
LAS VEGAS, NV, Nov. 5 /CNW/ - Dodge, the brand that defined the muscle car when it unleashed the legendary 426 Street HEMI(R), is bringing big HEMI muscle to light-duty trucks. Dodge today announced the introduction of the Dodge Ram 1500 equipped with the 5.7-liter HEMI Magnum, the most powerful engine option offered i ... Continue reading
Cummins Inc. Executes Three-Year Revolving Credit Agreement
Nov 6, 2002
COLUMBUS, Ind.--Nov. 5, 2002--Cummins Inc. announced today that it has executed a new three-year revolving credit agreement with a group of banks led by J.P. Morgan and Citigroup. The secured agreement provides for borrowings of up to $385 million and replaces the existing revolving credit agreement, which matures in J ... Continue reading
Nov 5, 2002
SAN DIEGO--Nov. 5, 2002--DriveCam Video Systems, a developer of fleet safety technology, today announced that it has been issued a third patent for technology related to its DriveCam video event data recorder. DriveCam also received two other patents in 2002 and has additional patents pending. U.S. Patent No. 6,389,340 ... Continue reading
International Truck and Engine Corporation Truck Group Taps Strong Bench in Leadership Changes
Nov 5, 2002
WARRENVILLE, Ill.--Nov. 5, 2002--International Truck and Engine Corporation announced today a series of management changes within its truck group. These changes, said Steve Keate, president of the truck group, support the company's growth strategy while leveraging its top talent. "All of these leaders are role models t ... Continue reading
2003 New Truck Review: Chevrolet Silverado LT 2500HD 4WD Extended-Cab Pickup
Nov 3, 2002
DRIVING DOWN THE ROAD WITH CAREY RUSS Although the latest versions of Chevrolet's Silverado pickups are only a few years old, both the regular and HD lines have significant changes for 2003. Most apparently, all have new styling. No longer do the regular- and heavy-duty lines look different; both now have a common look ... Continue reading
Ward's Reports Estimated North American Vehicle Production
Nov 1, 2002
SOUTHFIELD, Mich., Nov. 1 -- Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 346,951 units, down from the 351,431 cars and trucks built last week, according to Ward's Automotive Reports.Including this week's estimates, calendar year North American output now totals 14,380,162 ... Continue reading
Chrysler Group Reports U.S. October Sales - They Stink!
Nov 1, 2002
AUBURN HILLS, Mich., Nov. 1, 2002; Chrysler Group reported U.S. sales of 150,254 units in October 2002, a 31 percent decline compared to October 2001, when 209,478 vehicles were sold.All percentages were calculated on a day-rate basis, with 27 selling days in October 2002, versus 26 days in October 2001."Last month's y ... Continue reading
Neff Corp. Announces 2002 Third Quarter Operating Results
Nov 1, 2002
MIAMI--Oct. 31, 2002--Neff Corp. (OTC:NFFCA) (the "Company"), announced today its revenues and results from operations for the third quarter ended September 30, 2002. The Company reported a net loss of $(3.5) million or $(0.17) per diluted share for the third quarter of 2002 compared with a net loss of $(2.4) million o ... Continue reading
Accuride Corporation Reports Third Quarter Results for 2002
Oct 31, 2002
EVANSVILLE, Ind.--Oct. 31, 2002--Accuride Corporation today announced net sales of $93.0 million for the third quarter ended September 30, 2002. This compares to net sales of $77.7 million for the third quarter of 2001, an increase of 19.6%. For the nine months ended September 30, 2002, net sales were $265.4 million co ... Continue reading
DaimlerChrysler's Freightliner will fire 675 workers
Oct 30, 2002
PORTLAND, Ore. October 30, 2002: Jeff Green writing for Bloomberg reports that DaimlerChrysler AG's Freightliner unit, the world's biggest heavy-truck maker, will fire about 675 workers and shut two plants for eight days as demand slows because of new U.S. truck-engine pollution rules. The unit will temporarily close t ... Continue reading
KleenAir Acquisition of ServoTech Strongly Positions Company in Global OEM Market
Oct 29, 2002
IRVINE, Calif.--Oct. 29, 2002--KleenAir Systems Inc. (OTC BB:KAIR), an international environmental company dedicated to the development, testing and commercialization of products to help reduce smog and air pollution, today announced that as a result of the recently announced acquisition of ServoTech Engineering a Ford ... Continue reading
ASV Reports 3rd Quarter 2002 Results; Earnings Per Share Increases from $.01 to $.05
Oct 29, 2002
GRAND RAPIDS, Minn.--Oct. 29, 2002--ASV, Inc. today reported results for its third quarter ended September 30, 2002. Net sales for the third quarter of 2002 totaled $11,474,655, compared with $12,052,998 for the same period in 2001. For the three months ended September 30, 2002, operating expenses decreased 38% compare ... Continue reading
Oshkosh Truck Reports Fiscal Year 2002 EPS of $3.45; Affirms Fiscal Year 2003 EPS Estimate of $3.70
Oct 29, 2002
OSHKOSH, Wis.--Oct. 29, 2002--Oshkosh Truck Corporation , a leading manufacturer of specialty trucks and truck bodies, today reported that net income increased 17.2 percent to $59.6 million, or $3.45 per share, for its fiscal year ended September 30, 2002, on sales of $1.74 billion. This compares to net income of $50.9 ... Continue reading
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