Congress Clears Tax Incentive for SUVs
May 23, 2003
WASHINGTON May 23, 2003; John Crawley writing for Reuters reported today that Congress substantially widened a tax break that has been used by small businesses as an incentive to purchase the largest sport utility vehicles and pickup trucks. Supporters including President Bush said the business equipment tax break, whi ... Continue reading
Valuation of Stock Options Granted by Ford
May 23, 2003
Ford Motor Company today reconfirmed the values of stock options granted in 2002 to the executive officers that were named in Ford's 2003 proxy statement. The values were derived using the Black-Scholes option pricing methodology. The values for the stock options reported in the proxy statement included an adjustment f ... Continue reading
May 23, 2003
CHERRY HILL, N.J., May 23 -- Subaru of America, Inc., the only car company that offers symmetrical all-wheel drive as standard equipment on every vehicle in its product line, announced today the Manufacturer's Suggested Retail Price (MSRP) for 2004 model year Forester models. The 2004 Forester model lineup includes the ... Continue reading
China Automotive Systems, Inc. Reports First Quarter Results
May 23, 2003
SHANGHAI, China--May 23, 2003--China Automotive Systems, Inc. (OTCBB:CAAS), today announced financial and operating results for the quarter ended March 31, 2003. The Company's sino-foreign joint ventures are presented on a consolidated basis for the three months ended March 31, 2003, as compared to the equity method of ... Continue reading
May 23, 2003
Youths Cite Peer Pressure as Top Reason for Not Buckling Up; NHTSA's Dr. Runge Voices His Support of VW Initiative AUBURN HILLS, Mich., May 23 -- According to a just-released nationwide polling of high school students conducted by Volkswagen of America, Inc., peer pressure, lack of comfort and a feeling of invincibilit ... Continue reading
Telephony Only The Beginning For Bluetooth In The Vehicle, Says ABI
May 23, 2003
Oyster Bay, NY - May 22, 2003; Nearly 20% of all new vehicles worldwide will contain embedded Bluetooth hardware by 2007, according to the findings of a new Allied Business Intelligence Inc (ABI) study. Future Bluetooth-based automotive applications are poised to deliver new opportunities to all facets of the industry, ... Continue reading
CAW Responds to DaimlerChrysler No New Plant Announcement
May 23, 2003
TORONTO, May 22 -- CAW president Buzz Hargrove will respond to the DaimlerChrysler announcement regarding no new plant for Windsor at a press conference today, Thursday, May 22, at 11 a.m. EST, in the Royal Sutton B & C Room (lobby level) at the Sutton Place Hotel. Media can call in to 1 800 814-4860 to participate in ... Continue reading
Mazda Revolutionizes Car Buying With New Birmingham-Area Dealership
May 23, 2003
Automaker Opens Ground-Up Facility Encompassing New Retail Philosophy at Med Center Mazda PELHAM, Ala., May 22 -- Mazda North American Operations (MNAO) showcased its commitment to enhancing the car-buying experience for customers with the grand opening today of Med Center Mazda, one of the largest Mazda dealers in the ... Continue reading
Methanol Fuel Cells Shine on Capitol Hill
May 23, 2003
WASHINGTON, May 22 -- Today's Congressional Fuel Cell Expo brought out hundreds of visitors to the Cannon Caucus Room on Capitol Hill to view the latest developments in fuel cell technology. The Methanol Institute, representing the global methanol industry, was just one of the many exhibitors touting the benefits of us ... Continue reading
May 23, 2003
MASSAPEQUA, N.Y.--May 22, 2003--Cole Communications -0- Signs Two New Clients for Integrated, Strategic Marketing, Advertising and Public Relations Solutions Winner of Four Creative Honors with Two First Place BOLI (Best on Long Island) Awards at Long Island Advertising Club's 30th Annual Event Cole Communications, a f ... Continue reading
AUTOMOBILE MAGAZINE Teams With Jaguar for Special Supplement on New XJ
May 23, 2003
Custom Publishing Joint Venture Highlights the Editorial Quality and Consumer Influence of AUTOMOBILE MAGAZINE NEW YORK, May 22 -- The PRIMEDIA Consumer Automotive Group today announced the publication of a special editorial supplement to AUTOMOBILE MAGAZINE: "Leaping Ahead -- The Inside Guide to the All-New Aluminum J ... Continue reading
Michigan Virtual University to Host Manufacturers at Ford Field
May 23, 2003
2nd Annual e-Learning Summit Thursday, June 5 LANSING, Mich., May 22 -- Michigan Virtual University will host an e-learning summit Thursday, June 5, to provide manufacturers with global training resources and solutions. Titled "Lessons from Building a Manufacturing Training Consortium," the event will cover such topics ... Continue reading
Toyota Tops the Awards in the Automotive Environmental Award Competition
May 22, 2003
TORRANCE, Calif., May 22 -- For the third year in a row, Toyota Motor Sales (TMS), U.S.A., Inc., has topped the Automotive Market Environmental Superiority (AMES) Awards with 11 winners. Polk Automotive Intelligence, an authority on vehicle environmental performance, announced the AMES awards. The awards were created i ... Continue reading
Mazda Vehicles Zoom to the Top of Safety Ratings
May 22, 2003
IRVINE, Calif., May 22 -- The National Highway Traffic Safety Administration (NHTSA) recently released frontal crash-test ratings for a number of 2003 model-year vehicles, including the 2003 MAZDA6 sedan. The MAZDA6 received top ratings for both the driver and front-seat passenger -- five stars. This five-star rating i ... Continue reading
Nissan Names Simon Sproule as New Corporate Communications V.P.
May 22, 2003
TORRANCE, Calif.--May 22, 2003--Nissan North America, Inc. today announced the appointment of Simon Sproule to vice president, corporate communications, effective June 9. Sproule, a 12-year auto-industry veteran, will oversee all corporate communications activities for Nissan's North American operations. "The appointme ... Continue reading
The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.
