GM Design Celebrates 75 Years Of History With Eyes On Design
May 16, 2003
Event Brings Together Largest Ever Collection Of Concept Vehicles WARREN, Mich. -Three-quarters of a century ago, General Motors revolutionized the automotive industry. Recognizing the growing importance of a car's styling and emotional appeal among the nation's burgeoning consumer market for automobiles, GM establishe ... Continue reading
Ford to Invest $192 Million in Michigan Engine Plant
May 16, 2003
DETROIT May 15, 2003; Norihiko Shirouzu writing for the WSJ reported that Ford Motor Co. said yesterday it will invest $192 million in a plant in Romeo, Mich., to install a new so-called flexible-manufacturing system and start producing a new V-8 engine. "We are building a network of flexible powertrain plants that can ... Continue reading
Take A Coupon Buy A Car - General Motors Has Employees Give Out Discounts
May 16, 2003
DETROIT May 15, 2003; Dow Jones reported that General Motors Corp. distributed around 200,000 discount coupons to all of its salaried and hourly employees in an attempt to boost lagging May sales, the company said Thursday. Employees are encouraged to pass the discount coupons over to friends, family members who normal ... Continue reading
Arctic Cat Reports Record Revenues for Fiscal 2003
May 16, 2003
THIEF RIVER FALLS, Minn.--May 15, 2003--Arctic Cat Inc. today reported record net sales of $577.1 million for the fiscal year ended March 31, 2003, versus $556.1 million last fiscal year. Net earnings grew 14 percent to $32.7 million, or $1.45 per diluted share, compared to net earnings of $28.6 million, or $1.20 per d ... Continue reading
Land Rover Donates 2003 Discovery to Alaska Teens for Remote Rescue Work
May 16, 2003
Aniak's 'Dragon Slayers' Recognized by Oprah Winfrey ANCHORAGE, Alaska, May 15 -- Land Rover North America will present a 2003 Discovery vehicle today to a group of seven teenaged girls to help in their humanitarian efforts. The girls got the nickname, "The Dragon Slayers", as a result of their community rescue work in ... Continue reading
May 16, 2003
DETROIT - Cadillac today announced pricing for its new 2004 Cadillac SRX medium luxury utility scheduled to hit dealerships early this fall. With V-6 models starting at $37,995 MSRP (excluding destination freight charge of $695), the SRX, when popularly equipped, is competitively priced with other medium luxury utiliti ... Continue reading
New Research Shows Humidity Increases The Danger Of Hot, Parked Vehicles To Young Children
May 15, 2003
GM, National SAFE KIDS Warn That Leaving Kids In Vehicles Can Be Deadly Warren, Mich. May 15, 2003; General Motors and the National SAFE KIDS Campaign have released alarming new research that shows humidity makes a hot, closed vehicle even more dangerous to young children trapped inside. The findings, which come just a ... Continue reading
Michael Slagter Appointed to Vice President of Sales, West For Mercedes-Benz USA
May 15, 2003
MONTVALE, N.J., May 14 -- Mercedes-Benz USA (MBUSA) today announced the appointment of Michael Slagter to the position of vice president of sales, west, effective immediately. As vice president of sales, west, Slagter is responsible for sales operations for the western portion of the United States covered by MBUSA's Lo ... Continue reading
GM to Put Stabilizers in Some Large Vans
May 14, 2003
DETROIT May 14, 2003; John Porretto writing for the AP reported that General Motors Corp., responding to concerns about rollover accidents, says it will make stability enhancement systems standard features in its 15-passenger vans. GM said it will install the systems in GMC Savana and Chevrolet Express vans beginning i ... Continue reading
Car Makers Have Record Backlog of Autos - A Good Time To Negotiate
May 14, 2003
DETROIT May 14, 2003; John Porrettowriting for the AP reported that sluggish sales to start this year have left automakers with record levels of new cars and trucks, but observers say a pickup in business is brewing that will ease the glut. While automakers typically like to have a supply of vehicles for about 65 days, ... Continue reading
New Lawsuit Against Ford Rollover Deaths
May 14, 2003
LOS ANGELES, May 13, 2003; Reuters reported that the families of three Los Angeles couples killed last year in a rollover accident sued Ford Motor Co. and Continental Tire Co. on Tuesday, claiming the companies failed to correct product defects that caused the accident. The lawsuit, filed in Los Angeles Superior Court, ... Continue reading
Mitsubishi Motors Launches Minivan In Shift To Growth
May 14, 2003
TOKYO May 14, 2003; Dow Jones reports that Mitsubishi Motors Corp. said Wednesday it will launch its remodeled "Grandis" minivan in Japan on May 17 in a continued bid to shift its focus to sales-led growth from years of cost-cuts. The fourth-largest Japanese carmaker has a monthly sales target of 3,000 units of the min ... Continue reading
Sirius Satellite Radio to Be Offered on Ford, Lincoln and Mercury Vehicles
May 14, 2003
- Beginning in September, SIRIUS will be available on ten 2004 Ford, Lincoln and Mercury vehicles. - Ford Motor Company will expand its lineup offering SIRIUS to include Mazda, Land Rover, Volvo, Jaguar and Aston Martin. DEARBORN, Mich., and NEW YORK, May 13, 2003 - Available in September, Ford Motor Company and SIRIUS ... Continue reading
CarsDirect.Com's May 2003 Best Bargains Benefit First-Time Car Buyers, Gift Givers, Grads
May 14, 2003
LOS ANGELES--May 13, 2003-- From Cavalier to Kia, automakers are making the entry-level new car marketplace more economical than ever CarsDirect.com, the leading multi-brand online car buying service, today announced its May 2003 Best Bargains selections. While several manufacturers have begun to fine-tune their previo ... Continue reading
Cadillac CTS and HUMMER H2 Named 2003 Car and Truck Interior of the Year at Auto Interiors Show
May 14, 2003
DETROIT, May 13 -- The Auto Interiors Show has named Cadillac CTS and HUMMER H2 winners of the prestigious 2003 Car and Truck Interior of the Year Awards, respectively. The announcement was made by Doug Hope, group vice president of VNU Expositions, producers of the show, and Thomas Duncan, publisher of Ward's Auto Wor ... Continue reading
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