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June 1998

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Friday, June 26, 1998

Author Eliyahu Goldratt To Headline Conference

Author Eliyahu Goldratt To Headline Conference

Management Roundtable announced participation of best-selling author, Eliyahu Goldratt at the 3rd annual conference, Metrics for Managing Products, Projects & Resources, a learning event focused on effective measurement systems for product development ... Continue reading

Auto-By-Tel Appoints Lorimer President and CEO

Auto-By-Tel Appoints Lorimer President and CEO

Auto-By-Tel Friday announced the promotion of Mark Lorimer to president and CEO. The former COO of Auto-By-Tel, Lorimer is now responsible for all of Auto-By-Tel's strategy, planning and operations, both domestic and international. ... Continue reading

Automakers Commend U.S. Government's Signing of Agreement

Automakers Commend U.S. Government's Signing of Agreement

The following is a statement by Andrew H. Card, Jr., President & CEO of the American Automobile Manufacturers Association (AAMA), regarding events this week at the Geneva meeting of the United Nations Economic Commission for Europe Working Party 29: ... Continue reading

Automotive Hall of Fame Names 1998 Award Winners

Automotive Hall of Fame Names 1998 Award Winners

Skill, creativity, and perseverance are the traits of the four individuals who have been named to receive the Automotive Hall of Fame's 1998 Young Leadership and Excellence Award. ... Continue reading

AUTO QUESTIONS AND ANSWERS FOR WEEK 26

AUTO QUESTIONS AND ANSWERS FOR WEEK 26

AUTO QUESTIONS AND ANSWERS FOR WEEK 26 ... Continue reading

Avis Enhances Airline Flight Tracking System

Avis Enhances Airline Flight Tracking System

Avis Rent A Car, Inc. announced that it has enhanced its Preferred customer flight arrival program at almost 200 domestic airport locations by incorporating real-time flight tracking data from FlightView(R) into its Wizard of Avis system. ... Continue reading

Banner Year for U.S. Convertible Sales - Highest Since 1960s

Banner Year for U.S. Convertible Sales - Highest Since 1960s

Convertibles continue to grow in popularity in the US, with sales for model year 1997 up 11% over those in 1996. The market volume figures were announced by Mark Pauze, market planning manager with ASC Inc., the world leader in convertible programs. ... Continue reading

BAT International First Quarter Financials to be Posted on Web Site

BAT International First Quarter Financials to be Posted on Web Site

BAT International will publish its first quarter financials Monday, June 29th on its web site: http://www.baat.com ... Continue reading

CART: Series Points Standings through June 25

CART: Series Points Standings through June 25

CART: Series Points Standings through June 25 ... Continue reading

Chevron Satisfied With Resolution of Falsified Environmental Reports Case

Chevron Satisfied With Resolution of Falsified Environmental Reports Case

Chevron Products Company said it is satisfied with resolution of a two-year investigation into the falsification of environmental reports for three former Bay Area service station sites. ... Continue reading

Chrysler Reports U.S. and Canadian Assembly Plants

Chrysler Reports U.S. and Canadian Assembly Plants

Chrysler Corporation reports eight of its nine U.S. assembly plants and all three Canadian assembly plants will operate the week of June 29, 1998. All U.S. plants will be closed Friday, July 3 in observance of the July 4 holiday. ... Continue reading

Daimler-Benz Acquires Stake in AMG

Daimler-Benz Acquires Stake in AMG

Daimler-Benz AG has decided to take over AMG GmbH, Affalterbach, gradually over a period of time. The new company is to be known as "Mercedes-AMG GmbH" and will have its seat in Affalterbach. ... Continue reading

Electric Truck On Display At ElectroTech/98 Exhibition

Electric Truck On Display At ElectroTech/98 Exhibition

The 1998 Ford Ranger Electric Vehicle (EV) will be on display at ElectroTech/98, the premier technology exhibition dedicated to the advancement of the electrical and electronics industries. ... Continue reading

Federal-Mogul Successfully Completes Offering

Federal-Mogul Successfully Completes Offering

Federal-Mogul Corporation, announced it has successfully completed a bond offering of $1 billion, consisting of 6-year, 8-year and 12-year maturities. ... Continue reading

Fifth Annual "Matchbox Toy Show" Hits Hershey, Pennsylvania

Fifth Annual "Matchbox Toy Show" Hits Hershey, Pennsylvania

At the 1998 "Matchbox Toy Show," Matchbox fans and collectors from around the world will gather to bid, swap and make deals for the perfect car to add to their collection. Bidding has been known to range from as little as $1 to as high as $2,000. ... Continue reading

Formula One: Series Points Standings through June 25

Formula One: Series Points Standings through June 25

Formula One: Series Points Standings through June 25 ... Continue reading

Global Engineering Documents to Sell Acoustical Society of America Documents

Global Engineering Documents to Sell Acoustical Society of America Documents

Global Engineering Documents, an IHS Group Company, signed an agreement with the Acoustical Society of America to distribute their industry standards, specifications, drafts and related documents. ... Continue reading

Group 1 Automotive Breaks Ground on Florida Ford Dealership

Group 1 Automotive Breaks Ground on Florida Ford Dealership

Group 1 Automotive, Inc., a leading operator and consolidator in the automotive retailing industry, announced that it has broken ground on a new Ford dealership in Pembroke Pines, Florida. ... Continue reading

Integrated Systems & Services Group Adds Products to Line Up

Integrated Systems & Services Group Adds Products to Line Up

Integrated Systems & Services Group, (ISS) a leading global business partner for QAD announces it's Single Source Provider Program for QAD's MFG/PRO enterprise resource planning (ERP) software. ... Continue reading

IRL: Improving Wattles Will Feel at Home in New England 200

IRL: Improving Wattles Will Feel at Home in New England 200

IRL: Improving Wattles Will Feel at Home in New England 200 ... Continue reading

ITT Automotive Brings Driver Safety to Washington D.C.

ITT Automotive Brings Driver Safety to Washington D.C.

The ITT Automotive Drive Safer America! Road Show arrived on Capitol Hill to demonstrate safe and correct driving skills and to reinforce to the nation's leaders the benefits of four-wheel anti-lock brakes. ... Continue reading

Keystone Automotive Industries' Shareholders Approve Merger

Keystone Automotive Industries' Shareholders Approve Merger

Keystone Automotive Industries Inc. Friday announced that its shareholders and the shareholders of Republic Automotive Parts Inc. have approved Keystone's proposed acquisition of Republic. ... Continue reading

Magna Completes Class A Subordinate Voting Share Offering

Magna Completes Class A Subordinate Voting Share Offering

Magna Intl. Inc. announced that it has completed the previously announced sale of 4,025,000 Class A Subordinate Voting Shares at Cdn. $101.45 per share for net proceeds of approximately Cdn $398 million, after deducting the applicable underwriting fees. ... Continue reading

Mechanical Dynamics Earns Recognition

Mechanical Dynamics Earns Recognition

The Design Technologies Division of Mechanical Dynamics, Inc., developer of the Dynamic Designer/Motion software for mechanical design simulation, has been named a SolidWorks Gold Partner by SolidWorks Corp. of Concord, Mass. ... Continue reading

Mercedes-Benz Opens First Stand-Alone Service Center

Mercedes-Benz Opens First Stand-Alone Service Center

Mercedes-Benz of North America, Inc., held the grand opening of its first stand-alone Service Center near Sacramento, California. The facility -- located at 2810 Granite Court in Rocklin -- is one of three pilot Mercedes-Benz Service Centers. ... Continue reading

Middlesex Mutual Assurance Assigned 'AA' pi Rating

Middlesex Mutual Assurance Assigned 'AA' pi Rating

Standard & Poor's assigned its double-'A' pi insurer financial strength rating to Middlesex Mutual Assurance Company. ... Continue reading

NASCAR BGN: Series Points Standings through June 25

NASCAR BGN: Series Points Standings through June 25

NASCAR BGN: Series Points Standings through June 25 ... Continue reading

NASCAR: LePage Continues Racing as Funds Decrease

NASCAR: LePage Continues Racing as Funds Decrease

NASCAR: LePage Continues Racing as Funds Decrease ... Continue reading

NASCAR: Lighting Daytona Is a Massive Undertaking

NASCAR: Lighting Daytona Is a Massive Undertaking

NASCAR: Lighting Daytona Is a Massive Undertaking ... Continue reading

NASCAR Trucks: Series Points Standings through June 25

NASCAR Trucks: Series Points Standings through June 25

NASCAR Trucks: Series Points Standings through June 25 ... Continue reading

NASCAR WCUP: Series Points Standings through June 25

NASCAR WCUP: Series Points Standings through June 25

NASCAR WCUP: Series Points Standings through June 25 ... Continue reading

NHRA: Series Points Standings through June 25

NHRA: Series Points Standings through June 25

NHRA: Series Points Standings through June 25 ... Continue reading

NHTSA Proposes New Child Crash Dummy

NHTSA Proposes New Child Crash Dummy

The National Highway Traffic Safety Administration today proposed design and performance specifications for a new 6-year-old child crash dummy, one of the key steps in the development of pending advanced air bag rules. ... Continue reading

OICA Welcomes New Agreement on Global Automotive Standards

OICA Welcomes New Agreement on Global Automotive Standards

The following is a statement by Andrew H. Card, Jr., President of the Intl. Organization of Motor Vehicle Manufacturers, regarding events this week at the Geneva meeting of the United Nations Economic Commission for Europe Working Party 29: ... Continue reading

PNGV Narrows Focus in National Effort

PNGV Narrows Focus in National Effort

The Partnership for a New Generation of Vehicles agrees with the key findings of the National Research Council’s fourth annual independent review of the program released today. ... Continue reading

Powder Paint Helps Carmakers Slash Paint Emissions

Powder Paint Helps Carmakers Slash Paint Emissions

Over the past 20 years, U.S. automakers have reduced hydrocarbon emissions from automotive paint facilities by 80 percent. The further use of near zero emission powder paint technology will improve air quality even more. ... Continue reading

Pricing Determined For AlliedSignal's Offer To Exchange Notes Due

Pricing Determined For AlliedSignal's Offer To Exchange Notes Due

AlliedSignal Inc. announced pricing information for its offer to exchange its Notes due July 1, 2005 for any and all of its outstanding 9 7/8% Debentures due June 1, 2002 and any and all of its outstanding 9.20%Debentures due February 15, 2003. ... Continue reading

Republic Industries Expands AutoNation USA Megastore Roster

Republic Industries Expands AutoNation USA Megastore Roster

Republic Industries, Inc. parent company of AutoNation USA, is expanding its nationwide network of used-vehicle megastores by nearly one-third, converting eight Driver's Mart locations to AutoNation USA franchised stores, beginning in Tucson, Ariz. ... Continue reading

Road Service Call Volumes Soar with Summer Heat

Road Service Call Volumes Soar with Summer Heat

A fourth consecutive day of hot summer heat has doubled Emergency Road Service (ERS) call volumes statewide, reports AAA Michigan. As of 4 p.m. today, 2,151 motorists were assisted, well above average for this time of year. ... Continue reading

Snap-on Incorporated Elects Jack D. Michaels

Snap-on Incorporated Elects Jack D. Michaels

Jack D. Michaels, chairman, president and chief executive officer of HON INDUSTRIES, Inc., Muscatine, IA, was elected to the board of directors of Snap-on Incorporated. ... Continue reading

Snap-on Incorporated Increases Dividend

Snap-on Incorporated Increases Dividend

Snap-on Incorporated's board of directors today declared a 4.8 percent increase in the company's dividend on its common stock. The new quarterly dividend will increase $.01 per share to $.22 per share, or $.88 on an annual basis. ... Continue reading

Suppliers Cooperate at USCAR's Experimental Paint Facility

Suppliers Cooperate at USCAR's Experimental Paint Facility

As joint research efforts between the domestic automakers continue, suppliers are learning that collaboration means changing ways of doing business to further industry initiatives to respond to consumers, society and the environment. ... Continue reading

Tenneco Automotive Encourages Seasonal Safety Inspections

Tenneco Automotive Encourages Seasonal Safety Inspections

Tenneco Automotive, the world-leader in ride control technology and marketer of Monroe(R) brand products, suggests drivers take time before traveling to inspect each point of the Safety Triangle. ... Continue reading

Thomas G. Klein Resigns as Vice Chairman

Thomas G. Klein Resigns as Vice Chairman

Automotive Performance Group, Inc., a full-service owner and operator of high performance auto. businesses, announced that Thomas Klein has resigned as V. Chairman and director of APG and as President and CEO of Klein Engines and Competition Components ... Continue reading

Transport Secretary Commends California for Buckling Up

Transport Secretary Commends California for Buckling Up

U.S. Secretary of Transportation Rodney E. Slater, today commended the people of California for becoming the first state in the nation to achieve a 90 percent seat belt use rate. ... Continue reading

UPDATE 14: SIX-WEEKS OF AUTO DOINGS

UPDATE 14: SIX-WEEKS OF AUTO DOINGS

UPDATE 14: SIX-WEEKS OF AUTO DOINGS ... Continue reading

USAC Midgets: Entries Mailed for $51,000 Charlotte Midget Race

USAC Midgets: Entries Mailed for $51,000 Charlotte Midget Race

USAC Midgets: Entries Mailed for $51,000 Charlotte Midget Race ... Continue reading

USAC Midgets: Speedrome Race Results, June 25

USAC Midgets: Speedrome Race Results, June 25

USAC Midgets: Speedrome Race Results, June 25 ... Continue reading

USCAR to House: Partnership for a New Generation of Vehicles Important

USCAR to House: Partnership for a New Generation of Vehicles Important

Statement from USCAR regarding Partnership for a New Generation of Vehicles. Filed with U.S. House Appropriations Interior Subcommittee on January 28, 1998 ... Continue reading

UT Automotive, Shanghai Electric Machinery Company Form Joint Venture

UT Automotive, Shanghai Electric Machinery Company Form Joint Venture

UT Automotive, a United Technologies company, announced the formation of a joint venture with Shanghai Electric Machinery (Group) Company Ltd. (SEMC). ... Continue reading

Volvo Trucks to Invest in Arrow Truck Sales

Volvo Trucks to Invest in Arrow Truck Sales

Volvo Trucks North America, Inc. announced that it has signed a letter of intent to purchase an ownership interest in Arrow Truck Sales, Inc., a leading retailer of pre-owned trucks and trailers. ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

Vehicle production in the U.S., Canada and Mexico is expected to hit an estimated 244,853 units this week, a decrease of 9.2 percent from the 269,682 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

You Want Me to Work Where?

You Want Me to Work Where?

Chrysler engineer Gary Christian was asked to work on a cooperative research project with competitors from Ford and GM. He now works at USCAR's powder paint prove-out facility, inside Ford's Wixom assembly plant. ... Continue reading

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