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May 1998

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Tuesday, May 12, 1998

AMA: MBNA Pays First Round Superbike Tour Bonuses

AMA: MBNA Pays First Round Superbike Tour Bonuses

American Motorcycle Association Racing story about awards programs. ... Continue reading

AutoCorp Reports Results of Debt Conversion

AutoCorp Reports Results of Debt Conversion

AutoCorp reports first six months results of its October 21, 1997 debt conversion ... Continue reading

Automaker Statement Re: U.S. EPA Staff Paper On Gasoline Sulfur Issues

Automaker Statement Re: U.S. EPA Staff Paper On Gasoline Sulfur Issues

The American Automobile Manufacturers Association (AAMA) and the Association of International Automobile Manufacturers (AIAM) react the the U.S. Environmental Protection Agency's Staff Paper On Gasoline Sulfurs. ... Continue reading

Auto Trader(R) Online and Acura to Advertise Cooperatively

Auto Trader(R) Online and Acura to Advertise Cooperatively

Auto Trader(R) Online and Honda's Acura division make a cross promotion deal for Acura's Preferred Pre-Owned Vehicle program. ... Continue reading

AutoZone Announces Plans to Buy Chief Auto Parts

AutoZone Announces Plans to Buy Chief Auto Parts

Major auto parts dealer AutoZone announces intention to buy Chief Auto Parts, another major auto parts chain. ... Continue reading

AutoZone Celebrates 2,000th Store

AutoZone Celebrates 2,000th Store

AutoZone opened its 2,000th store on May 9, 1998 in Port St. Lucie, FL ... Continue reading

BMW Announces South Carolina Plant Expansion

BMW Announces South Carolina Plant Expansion

BMW will invest $600 million and add 1,000 associates to its South Carolina manufacturing facility over the next two years. ... Continue reading

Capital Automotive REIT Adds Four to Board of Directors

Capital Automotive REIT Adds Four to Board of Directors

Capital Automotive changes organizational structure. ... Continue reading

CarMax(R) Changing the Way Consumers Buy Cars

CarMax(R) Changing the Way Consumers Buy Cars

CarMax to celebrate grand opening in Garland, Texas ... Continue reading

CarMax to Celebrate Grand Opening of Chicago Store

CarMax to Celebrate Grand Opening of Chicago Store

CarMax to celebrate Grand Opening of new Hillside, Illinois Superstore ... Continue reading

ECD Completes Public Offering

ECD Completes Public Offering

Energy Conversion Devices, Inc. announced that it has completed a registered public offering of 1,750,000 units of its securities at a price per unit of $13.25. ... Continue reading

Envirotest: EPA Moves to Enable Commercialization of Remote Sensing Technology

Envirotest: EPA Moves to Enable Commercialization of Remote Sensing Technology

Envirotest Systems Corp says U.S. Environmental Protection Agency takes important step to enable commercialization of the company's Remote Sensing Technology in 1998. ... Continue reading

Ford: Safety Recall of F-150s, F-250s, Expeditions, and Navigators

Ford: Safety Recall of F-150s, F-250s, Expeditions, and Navigators

Ford will recall approximately 1.7 million 1997 and 1998 model-year F-150, F-250, Expedition and Navigator vehicles in a voluntary safety recall involving the wheel lug nuts. ... Continue reading

Freudenberg-NOK Buys Macrotech/Selastomer

Freudenberg-NOK Buys Macrotech/Selastomer

Precision-molded partsmaker Freudenberg-NOK announces the acquisition of specialized seal maker Macrotech/Selastomer from Macrotech Fluid Sealing Inc. ... Continue reading

Gentex Opens Office in Nagoya, Japan

Gentex Opens Office in Nagoya, Japan

Gentex Corporation, USA-based manufacturer of automatic-dimming mirrors and fire protection products, announced that it has opened a sales and engineering office in Nagoya, Japan. ... Continue reading

Group 1 Automotive Expands Credit Facility

Group 1 Automotive Expands Credit Facility

Car dealership consolidator Group 1 Automotive has received commitments to increase existing three-year, $125 million revolving credit facility to $345 million. ... Continue reading

Indy 500: Conseco/A.J. Foyt Racing and Billy Boat Practice Notes, Tuesday, May 12

Indy 500: Conseco/A.J. Foyt Racing and Billy Boat Practice Notes, Tuesday, May 12

Pep Boys IRL Driver Billy Boat notes and quotes from Indy practice ... Continue reading

Indy 500: Daily Track Report (May 11, 1998)

Indy 500: Daily Track Report (May 11, 1998)

Indy Racing League sponsored by Pep Boys. Daily practice report for day two of practice for the 82nd Indy 500. The Speedway makes this report available in its entirety to all members of the media. ... Continue reading

Indy 500: Stewart Dominates Third Day of Practice

Indy 500: Stewart Dominates Third Day of Practice

Pep Boys IRL Daily wrap up of practice for the 82nd Indy 500 ... Continue reading

IRL, BUSINESS: Stink Fish Sets Fashion Tone for Only Woman Entered in Indy 500

IRL, BUSINESS: Stink Fish Sets Fashion Tone for Only Woman Entered in Indy 500

Indy Racing League (IRL) driver Lyn St. James talks about on of her major new sponsors. (photo included) ... Continue reading

IRL: National Car Rental Manager Knows Difference Between Indy Car and Stock Car Fans

IRL: National Car Rental Manager Knows Difference Between Indy Car and Stock Car Fans

Feature article about the differences between NASCAR and Indy Racing League (IRL) fans. ... Continue reading

Lady Tigers to Roar at SAE's Mini-Baja(R) East

Lady Tigers to Roar at SAE's Mini-Baja(R) East

Tennessee Technological University sends team of eight women to compete in SAE's Mini-Baja(R) East, a student design compettition and off-road race. ... Continue reading

Lund International Announces Q1 1998 Net Sales and Results

Lund International Announces Q1 1998 Net Sales and Results

1998 first quarter financial report from Lund International Holdings, Inc. ... Continue reading

Mark Martin to Shine in Winston All-Star Race at Charlotte

Mark Martin to Shine in Winston All-Star Race at Charlotte

Valvoline's Eagle One car care product line to sponsor Mark Martin for The Winston all-star race at Charlotte Motor Speedway on May 16, 1998. ... Continue reading

Mitsubishi Motors Gets Award for On-Line Ads

Mitsubishi Motors Gets Award for On-Line Ads

Mitsubishi Motors wins the Silver Pencil award from One Show Interactive for its on-line advertising campaign. ... Continue reading

Photo Feature: Indy 500; The Day In Pictures

Photo Feature: Indy 500; The Day In Pictures

Link to photos from practice, qualifying, and the race for the 1998 Indianapolis 500. The Indy 500 is part of the Pep Boys Indy Racing League circuit. ... Continue reading

Price Waterhouse: Globalization Will Continue to Drive Consolidation

Price Waterhouse: Globalization Will Continue to Drive Consolidation

In the wake of the DaimlerChrysler merger, Price Waterhouse finds that auto industry consolidation through acquistions and mergers on a global level will increase in 1998. ... Continue reading

Removing Gasoline Sulfur Equal to Taking 54 Million Cars Off the Road

Removing Gasoline Sulfur Equal to Taking 54 Million Cars Off the Road

State and local air pollution regulators conclude that removing most of the sulfur from gasoline would produce dramatic clean-air gains equal to the effect of taking nearly 54 million cars off the road. ... Continue reading

Smart Choice Automotive Group Finalizes $75 Million Credit Facility

Smart Choice Automotive Group Finalizes $75 Million Credit Facility

Used car dealer consolidator Smart Choice Automotive Group announced that FINOVA Capital Corporation has expanded the size of the Company's credit line from $35 Million to $75 million ... Continue reading

Speedway Motorsports Reports Q1 Revenues

Speedway Motorsports Reports Q1 Revenues

Speedway Motorsports (owner of Speedways at Atlanta, Charlotte, Bristol, Sears Point, and Texas) reports 1998 first quarter results. ... Continue reading

Tenneco Appoints Crockford Vice President-Compensation and Benefits

Tenneco Appoints Crockford Vice President-Compensation and Benefits

Tenneco today announced the appointment of Rebecca M. Crockford as vice president-compensation and benefits for the corporation. ... Continue reading

Tenneco Board Declares Q2 Dividend

Tenneco Board Declares Q2 Dividend

Tenneco announced that it has declared a regular second quarter dividend of 30 cents on its common stock. ... Continue reading

Tenneco Shareowners Approve New Terms for Four Directors and Arthur Andersen LLP as Accountants

Tenneco Shareowners Approve New Terms for Four Directors and Arthur Andersen LLP as Accountants

Tenneco shareowners have voted to approve new three-year terms for four members of its board of directors. ... Continue reading

The Callahan Report: Indy 500; Rookie Steve Knapp is Making a Dream Come True

The Callahan Report: Indy 500; Rookie Steve Knapp is Making a Dream Come True

Pep Boys Indy Racing League (IRL) feature story abou the determination it takes to achieve the goal of driving at the Indy 500. ... Continue reading

The Callahan Report: Stewart Fastest at Indy....Again

The Callahan Report: Stewart Fastest at Indy....Again

Indy Racing League wrap up report for the third day of practice for the 82nd running of the Indy 500. (May 12, 1998) ... Continue reading

USAC Sprints and Midgets: New Awards Program Announced

USAC Sprints and Midgets: New Awards Program Announced

USAC Sprints and Midgets: New Awards Program Announced ... Continue reading

U.S. EPA Seeks Disclosure, Penalties in Nevada Refrigerants Inc. Case

U.S. EPA Seeks Disclosure, Penalties in Nevada Refrigerants Inc. Case

U.S. EPA takes legal action against Nevada Refrigerants for a violation of the clean air act. ... Continue reading

USRRC: Road Racing Extravaganza, Miami-Dade Homestead Motorsports Complex Entry List

USRRC: Road Racing Extravaganza, Miami-Dade Homestead Motorsports Complex Entry List

United States Road Racing Club Entry List for Homestead Florida race, May 15-17, 1998 ... Continue reading

Winners of Macomb County Seat Belt Contest

Winners of Macomb County Seat Belt Contest

Lutheran North High School has won the annual Macomb (County) High School Seat Belt Contest sponsored by Breed Technologies ... Continue reading

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