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DAILY EDITION: Sept. 17, 2003


Daily Edition TCC WJR

Daily Edition TCC WJR

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TCC'S DAILY EDITION: Sept. 17, 2003

Millions Drive Under the Influence of Drugs

A new study compiled by the Department of Health and Human Services finds that about 11 million Americans, and almost 20 percent of 21-year-olds, have driven while under the influence of illicit drugs. The study, based on information compiled from the 2002 National Survey on Drug Use and Health, finds the problem even more severe among college-age drivers; some 18 percent of them, the Associated Press reports, drove while under the influence of drugs as opposed to 14 percent of non-college students in the same age group. Another group, unemployed adults between 26 and 49 years old, also showed significantly higher driving under the influence of drugs when compared with their peers. The survey was conducted with a group of 68,000 drivers.

Rollover, Crash Tests Rank Z4, XC90 Best

The latest round of rollover testing by the National Highway Traffic Safety Administration (NHTSA) puts the BMW Z4 roadster at the top of the list for rollover performance, and the Volvo XC90 all-wheel-drive SUV at the top for front crash protection. The “star” rankings for both vehicles were five, the highest awarded by the safety agency. Other highly ranked vehicles include the Nissan Murano for rollover protection and the Honda Element 4x4 for frontal impact protection. More results can be seen on the NHTSA Web site, www.nhtsa.dot.gov.

DAILY EDITION: July 15, 2003
by TCC Team (7/14/2003)
NHTSA rates rollovers, Toyota adding more hybrids.

Honda Investigated for Shifter Problem

About 1.4 million automatic-equipped Honda vehicles are part of a NHTSA investigation in the wake of complaints that the vehicle’s shifter allows the key to be removed even when the vehicle is not in Park. The NHTSA investigation will look into reports of problems with the 1998-2001 Honda Accord and some 2002 CR-V sport-utes as well. Some 169 complaints have been logged by the agency, Reuters reports, as well as 28 crashes and four injuries.

Winners and Sinners of ’03 by Mike Davis (9/15/2003)
So far, the numbers don’t look as bad as you might think.

Hyundai Chooses Ann Arbor for Tech Center

Hyundai is the latest transplant automaker to set up a technical center in suburban Detroit. In this case, Hyundai has chosen to build its $117 million research palace outside Ann Arbor, Mich., in Superior Twsp. Hyundai says the move will add 85 jobs in the first year of the center’s operation, and more than 750 in the next 20 years. Hyundai had considered opening the center near its new assembly plant outside Montgomery, Ala., but was wooed by tax incentives offered by the state of Michigan.

FROM THE SOURCE headlines from the latest press releases

PRNewswire

Lear Corporation (NYSE: LEA) today announced the appointment of Jimmie E. Comer to president - North American Joint Ventures and Diversity, effective immediately. Comer reports to Lear Vice Chairman, James H. Vandenberghe.

After reaching a new record high price of $1.737 per gallon on August 30, 2003, the nationwide average price of self-serve regular gasoline has begun to decline and now averages $1.687 per gallon. The current average price, however, still remains 10 cents higher than one month ago, when the national average pump price was $1.587 per gallon.


THE TICKER

Name Symbol Last Chg
AUTOLIV ALV 31.27 +0.25
AUTONATION INC AN 18.40 +0.07
ARVINMERITOR ARM 19.54 +0.24
AMER AXLE & MANU AXL 31.00 +0.15
BALLARD PWR SYS BLDP 12.98 +0.17
BORG WARNER BWA 71.10 +0.04
COLLINS AIKMAN CKC 2.92 -0.02
CUMMINS INC CUM 48.23 +0.11
DANA CORP DCN 15.59 -0.03
DAIMLERCHRYSLER DCX 38.20 +0.47
DELPHI CORP DPH 9.68 +0.34
EATON CORP ETN 93.46 +1.69
FORD MOTOR CO F 11.63 +0.26
GENERAL MOTORS GM 41.88 +0.63
GENTEX CORP GNTX 38.72 +0.73
GOODYEAR TIRE GT 8.10 +0.07
HONDA MOTOR CO HMC 23.34 +1.05
JOHNSON CONTROLS JCI 100.20 +0.52
LEAR CORP LEA 54.83 +0.97
MAGNA INTNL MGA 75.34 +0.54
MOTOROLA INC MOT 10.93 +0.23
NISSAN MOTORS NSANY 24.57 +1.37
SONIC AUTOMOTIVE SAH 26.66 -1.04
TOWER AUTO TWR 4.85 +0.17
TOYOTA MOTOR TM 66.80 +3.80
UNIT AUTO GRP UAG 23.37 -1.02
VISTEON CORP VC 6.97 +0.43

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