News By Topic: Automobile Manufacturers

Mitsubishi Motors to Expand Illinois Manufacturing Facility

Mar 17, 2003

Company Still Evaluating Options for Additional North American Production NORMAL, Ill., March 17 -- Mitsubishi Motors North America, Inc. (MMNA) today announced plans for a $200 million expansion of its manufacturing facility in Normal, Ill., increasing the plant's capacity 25 percent from 240,000 to 300,000 units and ... Continue reading

Acura Begins Shipping XM-Equipped 2004 Acura RL Models

Mar 17, 2003

Model is First Luxury Performance Sedan With XM as Standard Equipment WASHINGTON, March 17 -- Acura dealerships nationwide this week began taking delivery of the new 2004 Acura 3.5RL, the first Acura model vehicle and first luxury performance sedan to include an audio system with XM Satellite Radio as standard equipmen ... Continue reading

Saab Continues AIC Relationship

Mar 17, 2003

IRVINE, Calif.--March 17, 2003--Autobytel Inc.'s Automotive Information Center (AIC) today announced that Saab Cars USA, Inc., the U.S. importer and distributor of Saab vehicles, has renewed its license to feature AIC's leading vehicle data and cross-comparison tools on its consumer website, www.saabusa.com. The custom ... Continue reading

GM Sticks By Incentives and Recognizes Impact of Uncertainty

Mar 17, 2003

TOKYO, March 17, 2003; Reuters reported that General Motors Corp Chairman Jack Smith said on Monday that sales incentives would reemerge as an effective tool in selling cars once the uncertainty over a possible war in Iraq cleared away. "The market is being impacted by the uncertainty over the war, so until that issue ... Continue reading

Nissan announces management changes to support the successful implementation of NISSAN 180

Mar 17, 2003

Tokyo, March 17 -- Nissan today announced changes of its management and organization to accelerate the implementation of NISSAN 180, the company's three-year plan for profitable growth. The changes become effective on April 1, 2003. "As we successfully complete the first year of the NISSAN 180, we continue to adapt our ... Continue reading

Ford to separate PAG data

Mar 17, 2003

Chicago March 16, 2003; Jeremy Grant writing for the FT reported that Ford Motor Company will report earnings from its Premier Automotive Group of luxury brands separately from those of the parent company, exposing one of the US vehicle maker's largest units to investor scrutiny for the first time. The move will be clo ... Continue reading

National Center for Family Literacy and Toyota Join Forces in Hispanic Literacy Initiative

Mar 17, 2003

LONG BEACH, Calif., March 16 -- Toyota and the National Center for Family Literacy (NCFL) today jointly announced the Toyota Family Literacy Program -- a new initiative to help Hispanic and other immigrant families with the lowest literacy skills. The announcement was made at the National Conference on Family Literacy, ... Continue reading

Isuzu Motors May Delay Closing Truck Plant

Mar 16, 2003

- NEW YORK March 26, 2003; Dow Jones reported that Isuzu Motors Ltd. is considering putting off an earlier plan to shut down a main factory in Kawasaki, Kanagawa Prefecture, by the end of February 2004 as its trucks are in good demand, the Kyodo news agency reported Sunday, citing company sources. The Tokyo-based maker ... Continue reading

Brilliance China Automotive Holdings Limited: Proposed Formation of Joint Venture with BMW

Mar 16, 2003

HONG KONG, March 16 -- The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the c ... Continue reading

S Korea Hyundai Mobis To Buy Back,Cancel 1% Of Its Shares

Mar 16, 2003

SEOUL March 15, 2003; Dow Jones reported that South Korea's Hyundai Mobis Co. will buy back and cancel 850,000 shares between March 19 and June 18, the company said in a Saturday disclosure to the Financial Supervisory Service. The 850,000 shares represent 1% of the company's outstanding shares. The car parts maker, wh ... Continue reading

North American Scheduled Overtime/Downtime for Week of March 17, 2003

Mar 15, 2003

FOR RELEASE: March 13, 2003 Total U.S. Passenger Car 26,497 Total U.S. Truck 57,138 Total Canada Passenger Car 13,155 Total Canada Truck 6,990 Total N.A. Car and Truck 113,692 North American Scheduled Overtime/Downtime for Week of March 17, 2003 Mon 3/17 Tue 3/18 Wed 3/19 Thu 3/20 Fri 3/21 Sat/Sun 3/22 - 3/23 Approx. # ... Continue reading

Pontiac Partners With NCCA Championships

Mar 15, 2003

FOR RELEASE: March 14, 2003 Vehicles named 'Official Performance Machines of the NCAA' DETROIT- Pontiac, the excitement division of General Motors, today launches a fully integrated partnership of National Collegiate Athletic Association (NCAA) sports championships. The partnership is part of Pontiac's multi-year contr ... Continue reading

Motorola Drives Volvo's Four-C1 Technology (Continuously Controlled Chassis Concept)1

Mar 15, 2003

HANNOVER, Germany, March 14, 2003;-- CeBIT -- Motorola, Inc. , a global leader in the worldwide communications and electronics marketplace, and Volvo have joined forces to provide an advanced chassis controller for the new Volvo S60 R and V70 R models. Running on Motorola's technology, the car's electronic controller c ... Continue reading

North American International Auto Show Announces 2004 Show Dates

Mar 14, 2003

DETROIT, March 14 -- The North American International Auto Show (NAIAS) today announced the dates of its 2004 show as follows: Press Preview Days will be held Sunday, Jan. 4, through Tuesday, Jan. 6, 2004. In 2003, more than 6,700 journalists from around the world witnessed the introduction of 61 new vehicles unveiled ... Continue reading

Amicus Settles Peugeot Dispute

Mar 14, 2003

London, March 14 -- Amicus, the union for automotive workers, can today (14/03/03) announce that following a ballot of both Amicus and TGWU union members we are calling off the dispute and accepting the revised offer from Peugeot. The ballot result was as follows - 1,678 votes in favour to 887 votes against, a majority ... Continue reading