The News Review:
- Bang! Boom! Tracy bumps his way to win in Cleveland – Auto
- US auto union accepts massive wage cuts and layoffs in tentative pact…
- CSK Auto names interim CF
- Morgan Stanley cuts Avis Hertz Dollar Thrifty Auto
- Auto Racing Roundup: Tracy holds on for Cleveland GP victorycarsrp
Bang! Boom! Tracy bumps his way to win in Cleveland – Auto
ESPN – Jun 25, 2007
Hopefully it’s still in one piece. Tracy has a habit of knocking into things. Using all his driving tricks — and the front end of his car — tobump his way from the back of the field to the front Tracy won forthe first time in two years on Sunday holding off rookie RobertDoornbos to win the Grand Prix of Cleveland. Tracy’s third win in Cleveland and his 31st career victory cameafter he was involved in two early accidents mishaps that forcedhis pit crew to change his front wing twice in the first sevenlaps.
US auto union accepts massive wage cuts and layoffs in tentative pact…
World Socialist Web Site – Jun 25, 2007
The deal which permanently slashes the wages of Delphi workers to near-poverty levels and replaces pensions with 401(k) plans sets the stage for an unprecedented rollback in the conditions of all US auto workers. The agreement worked out in three-way talks between the UAW Delphi and General Motors which spun off its former parts division in 1999 is being hailed by business leaders and the media. Detroit News columnist Daniel Howes called it the ?Detroit auto equivalent of the fall of the Berlin Wall. ? A top Delphi official praised it as ?a significant milestone in our transformation.
CSK Auto names interim CF
MarketWatch – Jun 25, 2007
on Monday named Steven L. Korby as interim chief financial officer upon the departure of current CF James B. Riley who previously announced his intent to resign from the company to join rmet an aluminum production company in his home state of hio. Korby had been serving as a consultant to the company for about a year. The company plans to begin its search for a permanent CF to succeed Riley.
Morgan Stanley cuts Avis Hertz Dollar Thrifty Auto
MarketWatch – Jun 25, 2007
Avis Budget Group and Dollar Thrifty Automotive Group to underweight from equal-weight citing weak second-quarter rental prices in the leisure sector. The broker also said the Enterprise Rent-A-Car’s agreement to buy Vanguard Car Rental Group — which will give Enterprise a stronger airport presence — could put further pressure on prices. Enterprise is one of the most efficient car rental companies in the U. managing costs by purchasing lightly used vehicles and holding their vehicles for long periods of time.
Auto Racing Roundup: Tracy holds on for Cleveland GP victorycarsrp
Pittsburgh Post-Gazette – Pittsburgh Post Gazette – Jun 25, 2007
htm –>Auto Racing Roundup: Tracy holds on for Cleveland GP victorycarsrpMonday June 25 2007From wire dispatchesPaul Tracy left dust debris and drivers in his wake. And when his dirty day of racing was over Tracy showered with a few celebratory blasts of champagne. Using years of driving experience — and his front end — to intimidate and push his way to the front Tracy held off rookie Robert Doornbos on a frantic final lap to win his third Grand Prix of Cleveland yesterday ending Sebastien Bourdais’ three-race winning streak. Tracy’s 31st career victory and first in the series since winning this event in 2005 came after he was involved in two early accidents mishaps that forced his pit crew to change his front wing twice in the first seven laps. “It was by no means a nice comfortable easy pretty win” Tracy said.