Autoline Detroit Announces One-Hour Special on Merger
Autoline Detroit will host a one-hour special on the Daimler- Chrysler merger on WTVS, May 24, 1998. The program will feature insight and analysis from industry experts on management, finance, labor, marketing, engineering and manufacturing. ... Continue reading
AutoWeek Cover Story: The Truck Jihad
AutoWeek cover story reports on the holy war waged in the popular press against America's love with trucks and sport/utility vehicles. ... Continue reading
CART: PPG Cup Leader Moore Leads Practice for Motorola 300
CART: PPG Cup Leader Moore Leads Practice for Motorola 300 ... Continue reading
Chrysler Corporation announced today that its Board of Directors has declared a dividend of $0.40 per share on the Company's common stock. The dividend is payable July 15, 1998, to shareholders of record on June 15, 1998. ... Continue reading
Chrysler Vice Chairman Robert Lutz to Retire
Chrysler Corporation announced today that Robert A. Lutz, Vice Chairman, will retire from the Company and also leave its Board of Directors, effective July 1, 1998. ... Continue reading
Delco Remy Reports Strong Improvement in Third Quarter
Delco Remy International, Inc. reported its financial results for the third quarter and nine months ended April 30, 1998. Net sales for the third quarter of fiscal year 1998 improved 22% to $217.1 from $177.7 million for the same period last year. ... Continue reading
Detroit Auto Dealers Ass. Named Finalist for Governor's Service Awards
The Michigan Community Service Commission recently named the Detroit Auto Dealers Association (DADA) as a finalist for the Fifth Annual Governor's Service Awards. ... Continue reading
Feature coverage from the 1998 Indy 500, by The Auto Channel's motorsports editor, Terry Callahan ... Continue reading
Federal-Mogul Completes Exit of Retail Store Operations
Federal-Mogul Corporation announced it has completely exited the operation of automotive retail stores worldwide with the recent sale and closure of its retail stores in Puerto Rico. ... Continue reading
Fitch IBCA Rates Ford Credit Auto Owner Trust
Ford Credit Auto Owner Trust 1998-B's $750 million class A-1 5.615% asset-backed notes are rated 'F1+' by Fitch IBCA. In addition, the $1.0 billion class A-2 5.80% asset-backed notes, $785 million class A-3 5.85% notes and $300 million class A-4 5.90% notes are rated 'AAA'. ... Continue reading
Gentex Corporation Declares 100% Stock Dividend
Today at Gentex Corporation's annual meeting of shareholders, the Company announced a two-for-one stock split effected in the form of a 100 percent common stock dividend for each outstanding share of the Company's common stock, par value $.06 per share. ... Continue reading
Great Race Founder Recreates Buick History
Sometimes the act of preserving history involves recreating it from scratch. In Tom McRae's case, his desire to have a 1930s era Indy race car led him to follow a similar path to the one taken by the car's original builders more than 60 years ago. ... Continue reading
Holiday RV Superstores Reports Record Revenue And Earnings
Holiday RV Superstores, Inc. announced record quarterly and six months earnings for the period ended April 30, 1998. Net income for the quarter was $770,385, or 11 cents a share, a 28%increase from prior year net income of $601,527, or 8 cents a share. ... Continue reading
Indy 500: Foyt's Drivers Fast in Final Carb Day Practice
Indy 500: Foyt's Drivers Fast in Final Carb Day Practice ... Continue reading
Indy 500: Harrah's Makes Deal With A.J. Foyt Enterprises
Indy 500: Harrah's Makes Deal With A.J. Foyt Enterprises ... Continue reading
Indy 500: IRL Fan, Driver Could Share $1 Million in MCI Pep Boys Contest
Indy 500: IRL Fan, Driver Could Share $1 Million in MCI Pep Boys Contest ... Continue reading
Indy 500: MCI Allies with Pep Boys IRL, IMS
Indy 500: MCI Allies with Pep Boys IRL, IMS ... Continue reading
Intermet Agrees on Portuguese Joint Venture
Intermet Corporation today announced that it has entered into a joint venture agreement for a foundry in Porto, Portugal. The joint venture foundry is named PORTCAST - FUNDICAO NODULAR, S.A. ... Continue reading
Johnson Controls Declares Cash Dividend
The Board of Directors of Johnson Controls, Inc. (JCI) today declared a regular quarterly cash dividend of $0.23 per common share. The dividend is payable June 30, 1998 to shareholders of record June 12, 1998. ... Continue reading
Lewis and Whalen Join Federal-Mogul Board of Directors
Federal-Mogul Corporation announced that its shareowners have expanded the board of directors to nine with the addition of Paul Scott Lewis, retired deputy chairman of Tate & Lyle, and Sir Geoffrey Whalen, retired managing director and deputy chairman of Peugeot Talbot Motor Company. ... Continue reading
Mercedes-Benz Exceeds Original Production Targets
Mercedes-Benz U.S. International (MBUSI) has reached a new production milestone -- ahead of schedule -- with more than 300 M-Class vehicles currently rolling off the line daily at its factory in Tuscaloosa. ... Continue reading
NASCAR BGN: Bobby Labonte and Shell Team Look to Keep Streak Going
Preview of the BGN Race at Charlotte ... Continue reading
NASCAR: Coca-Cola 600 Starting Lineup
NASCAR: Coca-Cola 600 Starting Lineup ... Continue reading
NASCAR-WCUP: Darrell Waltrip: Greatest Racing Memories & Charlotte Pre-Race Thoughts
NASCAR-WCUP: Darrell Waltrip: Greatest Racing Memories & Pre-Race Thoughts ... Continue reading
NASCAR-WCUP: Gordon Captures Coca Cola 600 Pole
NASCAR-WCUP: Gordon Captures Coca Cola 600 Pole ... Continue reading
Open Road Radio ... Continue reading
Public Support Shown For Enforcement of Child Safety Seat Laws
Americans want strong enforcement of child safety seat & safety belt laws, according to a recent Louis Harris public opinion poll. The poll shows that an overwhelming 90% of Americans favor stronger enforcement of laws that require all children to be buckled up. ... Continue reading
S&P Places Nissan Motor Ratings on Watch Neg
Standard & Poor's today placed its triple-'B'-minus long-term ratings and 'A-3' short-term ratings of Nissan Motor Co. Ltd. and related entities on CreditWatch with negative implications ... Continue reading
SPRINTS: East Bay to Race Saturday & Monday
SPRINTS: East Bay to Race Saturday & Monday ... Continue reading
USAC: Wynn's Challenge Resumes this Saturday
USAC: Wynn's Challenge Resumes this Saturday ... Continue reading
Volvo Wins Unique Advertising Honor
This year, for the first time in the 39-year history of the Clios, an award was given to an advertiser. "Advertiser of the Year" honors were given to Volvo Cars United Kingdom and Volvo Cars of North America. ... Continue reading
`Wheels' Web Site Launches In Northwest Region
Banc One Credit Company, and Navidec Inc., a leading provider of Web-based products and solutions, and Portland's KOIN-TV today announced the activation of the "Northwest Wheels" online automotive shopping service. ... Continue reading
WOO: Rahmer Records First Outlaws Victory at Lernerville
WOO: Rahmer Records First Outlaws Victory at Lernerville ... Continue reading
WOO: World of Outlaws Point Standings Through May 20th
WOO: World of Outlaws Point Standings Through May 20th ... Continue reading
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