VW says U.S. Sales Fell in March
Apr 1, 2003
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
Apr 1, 2003
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
Apr 1, 2003
* 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
Apr 1, 2003
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
Apr 1, 2003
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
Apr 1, 2003
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
Apr 1, 2003
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
Apr 1, 2003
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
Apr 1, 2003
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
Apr 1, 2003
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
Motoatsu Sakurai Appointed President & CEO of Mitsubishi International Corporation
Apr 1, 2003
NEW YORK, April 1 -- Mitsubishi International Corporation (MIC) announced that Motoatsu Sakurai has been appointed as its President and CEO, effective today. Since 2000, Sakurai has served as Executive Vice President (EVP) & Chief Operating Officer (COO). "As CEO, I look forward to the challenge of building a stronger ... Continue reading
Exide Technologies earns new supply agreements with Ford
Apr 1, 2003
Princeton, N.J., April 1 -- Exide Technologies (OTC Bulletin Board: EXDTQ)(http://www.exide.com/), a global leader in stored electrical-energy solutions, is expanding its partnership with Ford Motor Company. In Europe, Exide will supply original equipment automotive starting batteries to the entire Ford manufacturing f ... Continue reading
The History of Driving Safety - Mercedes-Benz
Apr 1, 2003
http://www-video.daimlerchrysler.com/dctv/videos/2 0030328_e.ram CLICK4VIDEO The topic of road safety is as old as the automobile. Already in 1889 Karl Benz claimed his motor carriage was "comfortable and safe". However, until late in the 1930s engineers concentrated more on improvements such as more powerful engines a ... Continue reading
MB smart coupe and roadsterTV Commercials
Apr 1, 2003
http://www-video.daimlerchrysler.com/dctv/videos/2 0030401_e.ram CLICK4VIDEO Making of smart TV spots Those were the three TV spots for the smart roadster and roadster coupé. Uncompromising advertising for uncompromising vehicles. DCTV accompanied the advertising experts during the shooting. ... Continue reading
Caterham Launces Superlight R400 Sportscar
Apr 1, 2003
British sportscar manufacturer, Caterham Cars, this month launches the Superlight R400 as part of the latest range for 2003. The R400 is directly derived from last year’s class winning Nurburgring 24 Hours racecar and the hugely successful UK and European Superlight race championship. The new model sits just belo ... 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.
