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News By Topic: Automobile Manufacturers

Chrysler Group Reports U.S. March Sales

Chrysler Group Reports U.S. March Sales

AUBURN HILLS, Mich., April 1, 2003; Chrysler Group reported sales of 201,941 units in March 2003, a three percent decline compared with March 2002, calculated on a day-rate basis."Despite the economic effects of the military conflict in the Middle East, we're still seeing car and truck shoppers in Chrysler, Jeep® and ... Continue reading

General Motors Announces Most Sweeping Offer in its History

General Motors Announces Most Sweeping Offer in its History

Zero percent financing for 60 months across the board with no exceptions or exclusions DETROIT - General Motors Corp. today announced, "Zero to Sixty," the most sweeping retail marketing program in its history. Effective April 1 through April 30, GM is offering interest-free financing for 60 months on the purchase of a ... Continue reading

Jaguar March U.S. Vehicle Sales OFF

Jaguar March U.S. Vehicle Sales OFF

DETROIT, April 1, 2003; Reuters reports the Jaguar Cars Ltd. (Ford Motor Co) ) U.S. sales of cars in March 2003 versus the same year-earlier month and for the year to date. Percent changes are based on the daily sales rate, and reflect 26 selling days this month vs. 27 in the month last year, and 75 this year to date v ... Continue reading

Isuzu March U.S. Vehicle Sales OFF

Isuzu March U.S. Vehicle Sales OFF

35.6 pctTuesday April 1, 12:51 pm ET DETROIT, April 1, 2003; Reuters reported the following Isuzu Motors Ltd /GM, U.S. sales of light trucks in March 2003 versus the same year-earlier month and for the year to date. March 2003 March 2002 % Change All Vehicles 3,310 5,335 -35.6% Domestic Car 0 0 N.A. Domestic Truck 3,04 ... Continue reading

Chrysler Hikes Incentives Reacts To GM

Chrysler Hikes Incentives Reacts To GM

DETROIT April 1, 2003; Reuters reported that the Chrysler arm of DaimlerChrysler AG enhanced its consumer incentives on Tuesday, matching a move by General Motors Corp. to boost flagging U.S. auto sales. Chrysler spokesman Marc Henretta said the new deals, including bigger cash rebates and interest-free loans for up to ... Continue reading

VW says U.S. Sales Fell in March

VW says U.S. Sales Fell in March

FRANKFURT, April 1, 2003; Reuters reported that Europe's largest carmaker Volkswagen AG (XETRA:VOWG.DE - News) said on Tuesday it had sold 26,183 vehicles in the United States in March, down 17 percent from a year ago. VW, suffering from a low point in its product cycle, sells around a fifth of its cars in the United S ... Continue reading

Porsche U.S. Sales Up in March

Porsche U.S. Sales Up in March

FRANKFURT, April 1, 2003; Reuters reported that Porsche, the world's most profitable carmaker, said on Tuesday it had sold 2,281 vehicles in North America in March, up 23 percent from a year ago. Porsche said the sales growth was due entirely to its new Cayenne sports utility vehicle and that sales of its 911 and Boxst ... Continue reading

Ford Motor Company Reports March U.S. Sales

Ford Motor Company Reports March U.S. Sales

* Ford's O'Connor: "We're encouraged by our market share gain in 2003, and we intend to keep the momentum going." * Land Rover sets new March sales record; Volvo sales up 26 percent DEARBORN, Mich., April 1 -- U.S. customers purchased or leased 302,463 cars and trucks from Ford, Mercury, Lincoln, Jaguar, Volvo, and Lan ... Continue reading

Hyundai Sales for March Set New Record

Hyundai Sales for March Set New Record

FOUNTAIN VALLEY, Calif., April 1 -- Hyundai Motor America today announced sales of 38,291 vehicles for the month of March, setting a new record for the month. March sales increased 20.3 percent over last year and 39 percent over the previous month. "In challenging times such as these auto buyers are looking for value. ... Continue reading

Glendale RV's More Than Doubles First Quarter Earnings

Glendale RV's More Than Doubles First Quarter Earnings

OAKVILLE, Ontario--April 1, 2003--Glendale International Corp. (TSX:GIN) today reported net earnings of $1.6 million ($0.13 per share) for the first quarter ended February 28, 2003 compared with $663,000 ($0.05 per share) for the first quarter ended March 1, 2002, an increase of 142%. Sales for the period were 17% high ... Continue reading

ZAP Reports Profits of $1.15 Million for Fiscal 2002

ZAP Reports Profits of $1.15 Million for Fiscal 2002

SEBASTOPOL, Calif., April 1 -- Electric transportation company ZAP (BULLETIN BOARD: ZAPZ) today announced that it has recorded net profits of $1.15 Million for the fiscal year ended December 31, 2002 after recording a $3.9 million extraordinary gain of long-term debt that was converted into common stock. Net earnings w ... Continue reading

Patent Awarded to International Automated Systems Inc. for Breakthrough Turbine Designed to Produce Low-Cost Hydrogen Fuel and Electricity from the Sun

Patent Awarded to International Automated Systems Inc. for Breakthrough Turbine Designed to Produce Low-Cost Hydrogen Fuel and Electricity from the Sun

SALEM, Utah--April 1, 2003--International Automated Systems Inc. (OTCBB: IAUS) ("IAS") announced today that it has been awarded a patent on its new breakthrough technology, a Propulsion Turbine, which some experts believe will be a revolutionary solution to low-cost solar hydrogen fuel production and electrical power g ... Continue reading

Cummins Inc. Declares Quarterly Common Stock Dividend

Cummins Inc. Declares Quarterly Common Stock Dividend

COLUMBUS, Ind.--April 1, 2003--The Board of Directors of Cummins Inc. today declared a quarterly common stock cash dividend of 30 cents per share, payable on June 2, 2003, to shareholders of record on May 15, 2003. Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufa ... Continue reading

National Survey Shows 43% of Those Who Intend to Purchase or Lease a New Vehicle Within the Next Year Have Delayed Their Decision

National Survey Shows 43% of Those Who Intend to Purchase or Lease a New Vehicle Within the Next Year Have Delayed Their Decision

The war with Iraq is one factor affecting the timing of intenders' next new vehicle acquisition ROCHESTER, N.Y., April 1 -- A new national survey of 1,058 adults, taken just days after the war with Iraq began, reveals that among those who plan to acquire a new vehicle within the next year, many have already delayed the ... Continue reading

Students Predict Improved SUV Fuel Economy/Emissions Reduction

Students Predict Improved SUV Fuel Economy/Emissions Reduction

FutureTruck Nearing Final Stage of Competition LOS ANGELES, April 1 -- Less than two months remain before the finals of the 2003 FutureTruck competition and teams of students are confident they'll exceed the goal of achieving 25 percent better over-the-road fuel economy in SUVs and also are certain they can significant ... Continue reading

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