Wednesday, May 20, 1998

ACRL: ACRL East Inaugural Race Results

ACRL: ACRL East Inaugural Race Results ... Continue reading

AIAG Publishes ANX(R) Release 1 Document For ISPs

The Automotive Industry Action Group (AIAG) announced that its ANX(R) Release 1 Document -- which defines the certification process and requirements for Internet Service Providers (ISPs) wishing to participate in the offering of Automotive Network eXchange(R) ... Continue reading

ALLSTAR: All Star Sprint Race Results - Sharon Speedway

ALLSTAR: All Star Sprint Race Results - Sharon Speedway ... Continue reading

Asbury Automotive to Expand Network of Dealerships

Asbury Automotive Group and Thomason Auto Group announced that the two companies have signed a definitive agreement to form a joint venture, under which Asbury would own 51% of Thomason. The terms of the transaction were not disclosed. ... Continue reading

AutoBond Acceptance Co. Secures $20 million Equity Line

Dresner Investment Services, Inc., an investment banking firm, announced that Promethean Investment Group, L.L.C., a fund mngt. group, had entered into an agreement to provide AutoBond Acceptance Co. an equity line of capital up to $20 million. ... Continue reading

Bloomington Gold Returns to Bloomington

Bloomington Gold, the granddaddy of America's Chevy Corvette shows, is returning to its roots in Bloomington, Ill. after years of absence. ... Continue reading

Budd to Enter into Mexican Joint Venture

The Budd Company announced today it has entered into a joint venture in Mexico to design and manufacture automotive sheet metal stampings and assemblies for automotive manufacturers located in Mexico. ... Continue reading

Calspan Tests Automated Collision Notification (ACN) System

Veridian's Calspan Operations crash test facility in Buffalo, NY recently, conducted a successful full-scale test involving two vehicles, both equipped with ACN devices. The ACN systems delivered messages to the 911 station within 45 seconds. ... Continue reading

Equity Marketing Signs Multi-Year Licensing and Distribution Deal with NASCAR

Equity Marketing Signs Multi-Year Licensing and Distribution Deal with NASCAR ... Continue reading

Excelsior-Henderson Motorcycle Company First Quarter 1998 Result

Excelsior-Henderson Motorcycle Manufacturing Company announced financial results for the first quarter ended April 4, 1998. The Company reported a net loss for the first quarter of 1998 of $3,604,745 or $.28 per share ... Continue reading

Ford Credit Adds New Initiatives in Latin America

Ford Credit has introduced "Ford Credit Select," a new retail balloon financing product for Ford customers in Argentina. Another program offers wholesale and retail financing to Ford dealers and their customers in Colombia. ... Continue reading

Gas Prices On The Rise, Says AAA

Last year at this time, the regional average price was $1.29 cents a gallon. The current national average is $1.09. Rising prices are attributed to increased demand by the start of the summer driving season. ... Continue reading

General Racing Brings Retromobile Exhibition to San Diego

San Diego joins Paris as the only two cities where automobile enthusiasts can experience the eclectic personality and ambiance of an event known simply as "Retromobile." ... Continue reading

Hawtal Whiting Named GM 'Supplier of the Year'

Hawtal Whiting is one of 182 suppliers recognized by General Motors as a "Supplier of the Year." ... Continue reading

Hayes Lemmerz Buys Brazilian Wheel Producer

Hayes Lemmerz International, Inc., the world's leading supplier of wheels and brake components to the transportation industry, announced that it has closed on the purchase of an additional 51.1% of the equity of Borlem S.A. Empreendimentos Industriais. ... Continue reading

Honda Reports Financial Results for the Fiscal Year

Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal fourth quarter and the year ended March 31, 1998. ... Continue reading

Honda to Retain Odyssey Name; Export/Import Plans Announced

The all-new 1999 Honda minivan will retain the Odyssey name when it goes on sale in North America this fall, American Honda Motor Co., Inc. confirmed today. ... Continue reading

Indy 500: Country Stars Tracy Byrd and Neal McCoy at IMS

Country Music Stars Tracy Byrd and Neal McCoy to Perform in Concert Thursday at Indianapolis Motor Speedway. ... Continue reading

Indy 500: Energy Dissipating Wall Installed at Speedway

Indy 500: Energy Dissipating Wall Installed at Speedway ... Continue reading

Indy 500: Schwitzer Award Rewards Innovation, Excellence

Indy 500: Schwitzer Award Rewards Innovation, Excellence, Feature story about the 1998 award. ... Continue reading

IRL: Riley & Scott's MK V Chassis Proves its Point During May Qualifier

IRL: Riley & Scott's MK V Chassis Proves its Point During May Qualifier ... Continue reading

Mannesmann Report to Shareholders

Mannesmann in the First Quarter 1998. Continued Profit Improvement - Good Earnings Outlook. ... Continue reading

Manufacturers' News Unveils Interactive Site

Manufacturers' News, Inc. (MNI), today unveiled a new interactive website that allows users to order and download comprehensive information about U.S. manufacturers. ... Continue reading

Michigan Rivet Corporation Declares Dividend

The Board of Directors of Michigan Rivet Corporation declared a dividend of twelve cents ($.12) per share payable June 22, 1998 to Shareholders of Record as of May 29, 1998. ... Continue reading

NASCAR-BGN: Fuller Named to Drive #89 Ford

NASCAR-BGN: Fuller Named to Drive #89 Ford ... Continue reading

NASCAR-BGN: Total Team Effort Leads Allen to Thrid Straight Top-Ten Finish

NASCAR-BGN: Glenn Allen finishes 9th in Nazareth, moves into Top-Ten ... Continue reading

NASCAR CTS: Go Fast; Turn Left; Then Right; Then Left

Randy Tolsma NASCAR Craftsman Trucks Feature Story ... Continue reading

NASCAR-FMT: Bobby Fuller Racing at First Union 100

NASCAR-FMT: Bobby Fuller Racing at First Union 100 ... Continue reading

NASCAR-FMT: Fast Run Ends Early for Connolly at Nazareth

NASCAR-FMT: Fast Run Ends Early for Connolly at Nazareth ... Continue reading

Network Associates Certified to Protect Automotive Industry

ICSA certification is the global standard for assessing network security products and will be used by the North American Automotive industry to qualify VPNs for purchase. ... Continue reading

NHRA: Etchells' Exciting Day in Englishtown Carries into the Semi-finals

NHRA: Etchells' Exciting Day in Englishtown Carries into the Semi-finals ... Continue reading

NHTSA Releases Model Year 1998 Crash Test Results

The National Highway Traffic Safety Administration (NHTSA) today released the fourth and final group of frontal- and side-impact crash test results for model year 1998 vehicles. ... Continue reading

Nissan Announces Plans for U.S. Restructuring

As part of a worldwide business operations restructuring plan, Nissan announced today plans for rebuilding its U.S. operations. The U.S. restructuring plan will focus on making the company more flexible, responsive and efficient. ... Continue reading

Nissan Revises Forecasts of Consolidated Financial Results

Nissan Motor Co., Ltd. today announced revised forecasts for its consolidated financial accounts for the fiscal year ended March 31, 1998. ... Continue reading

SPX Corporation to Acquire The Valley Forge Group

SPX Corporation announced it has signed a definitive agreement to purchase The Valley Forge Group of Exton, Pennsylvania, for an undisclosed amount. Subject to regulatory approval, SPX anticipates the transaction will close in June. ... Continue reading

Standard & Poor's Rates Hyundai Auto Receivables Trust-1998A Notes AAA

Standard & Poor's assigned its triple-'A' rating to Hyundai Automobile Receivables Trust 1998-A's $220 million class A-1 5.9% notes and $80.15 million class A-2 6.05% notes based on the insurance policy provided by MBIA Insurance Corp. ... Continue reading

Three Innovative Technologies Earn Top Honors

Three advanced technologies from Johnson Controls , a leading automotive interior supplier, have earned the company top recognition in the 1998 Design and Technology Awards program sponsored by Automotive & Transportation Interiors magazine. ... Continue reading

Tower Automotive, Inc. Announces Two-For-One Stock Split

Tower Automotive, Inc. announced that its board voted to declare a two-for-one split of the company's common stock. On July 15, 1998, stockholders will receive one additional common share for every share owned on the record date of June 30, 1998. ... Continue reading

Trak Auto Corporation Announces Sales

Trak Auto Corporation announced sales for the 13 weeks ended May 2, 1998 decreased 35.9% to $53.1 million compared to $81.6 million for the weeks ended May 3, 1997. ... Continue reading

USAC: Snider Seeks 125th Silver Crown Start Friday

USAC: Snider Seeks 125th Silver Crown Start Friday ... Continue reading

USRRC: Can-Am Driver's Point Standings

USRRC: Can-Am Driver's Point Standings (after two rounds) ... Continue reading

USRRC: GT-1 Driver's Point Standings

USRRC: GT-1 Driver's Point Standings (after two rounds) ... Continue reading

USRRC: GT-3 Driver's Point Standings

USRRC: GT-3 Driver's Point Standings (after two rounds) ... Continue reading

VDA Auto Indicators 'International Edition' Available in N.A.

UK based AUTOBUSINESS, Ltd. and Chicago based HCI Group jointly announced today that the English language, "International Edition" VDA Auto Indicators are now available in North America. ... Continue reading

Vicinity Chosen as Key Enabler for New AutoConnect Service

Vicinity Corp. announced that it has been chosen to provide the core spatial searching technology for the AutoConnect service, which is the Web's largest source of information for consumers interested in purchasing a pre-owned car. ... Continue reading

Visteon's First-Time Financial Reporting Shows Solid Start

Visteon Automotive Systems, an enterprise of Ford Motor Company , announced today for the first time its separate financial results that demonstrate competitive strength on a global scale. ... Continue reading

Westar Financial Says Boosted Volumes and Credit Quality

Westar Financial Services Incorporated,a prime- credit auto lessor, said its lease approval volumes have soared at the same time credit quality has improved, following the introduction of numerous new products at the beginning of this year. ... Continue reading

WOO: Pennzoil World of Outlaws Series point standings as of May 20

WOO: Pennzoil World of Outlaws Series point standings as of May 20 ... Continue reading