AMETEK Determines Purchase Price for Tender Offer
AMETEK Inc. announced that it has determined the purchase price for its tender offer and consent solicitation for its 9-3/4% Senior Notes due 2004. ... Continue reading
Aprilia Motorbikes Provides Make-A-Wish With "Girl Power"
Aprilia Motorbikes of Venice, Italy has arranged for several children from Cleveland's Make-A-Wish Foundation to attend the July 14th Spice Girls' concert at Blossom Music Center. ... Continue reading
Arvin Conference Call Today; Arvin Q2 Review
You are invited to participate in a teleconference review of Arvin's second quarter results given by President and Chief Executive Officer V. William Hunt and Chief Financial Officer Richard A. Smith on Tuesday, July 14, 1998. ... Continue reading
Arvin Reports Record Sales and Earnings
Arvin Industries, Inc. reported second quarter net earnings from continuing operations, before one-time items, increased to $26.7 million, or $1.10 per diluted common share, on sales of $643 million. ... Continue reading
Auto Repair Company Wins Business of the Month Award
Talk Radio 570 KVI, the Better Business Bureau (BBB) and Cascade Bank have named Auto Hound Collision as the Business of the Month for June 1998. ... Continue reading
BAR Calls for Shut-Down of All 18 Econo Lube N' Tune Company-Owned Stores
The Acting Director of the Dept. of Consumer Affairs announced that the Dept's Bureau of Auto Repair is seeking revocation of probation and invalidation of the auto repair registrations of all 18 company-owned Econo Lube N' Tune facilities. ... Continue reading
Broward County Arena To Be National Car Rental(R) Center
The Arena Development Company announced today that National Car Rental has won the right to name the new Broward County Arena in Sunrise, Florida. Minneapolis-based National Car Rental acquired the naming rights for $2.2 million per year for ten years. ... Continue reading
Dana Realigns Operations, Creates New Automotive Aftermarket Group
Dana Corporation announced the first in a series of strategic moves to realign operations as a result of its July 9, 1998, acquisition of Echlin Inc. ... Continue reading
Earl Scheib Announces Significant Improvements
Earl Scheib Inc. announced financial results for the year ended April 30, 1998. Operating income for Fiscal 1998 increased $924,000 from an operating income of $97,000 in the year ended 4/30/97 to an operating income of $1,021,000 for Fiscal 1998. ... Continue reading
Ford Recognizes BREED Design Engineering
Ford Motor Company recently presented two Awards of Excellence to members of BREED Technologies' steering systems design engineering team, as part of Ford's 1998 Customer-Driven Quality Award program. ... Continue reading
General Scanning Installs M310 Monolithic Trim System
General Scanning Inc. announced the first installation at Burr-Brown Corporation of Tucson, Arizona of its M310 Monolithic Trim System. Burr-Brown is a global supplier of proprietary high performance analog and mixed signal integrated circuits. ... Continue reading
Gentex Reports Record Revenues and Net Income
Gentex Corporation, the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and commercial fire protection products, today reported record financial results for the second quarter and six months ended June 30, 1998. ... Continue reading
Goodyear Aligns Global OE Support
Goodyear is realigning its original equipment tire sales and support processes to focus on the global needs of the world's automobile manufacturers, the company announced. ... Continue reading
Harley-Davidson, Inc. Reports Record Q2 Sales and Earnings
Harley-Davidson, Inc. announced record sales and earnings for its second quarter ended June 28, 1998. This is Harley- Davidson's 33rd consecutive quarter of record sales, and 32nd out of the last 33 quarters of record earnings. ... Continue reading
Hertz Reports Record Q2 Earnings
The Hertz Corporation, the world's largest car rental company and a leading industrial and construction equipment rental business, reported record earnings of $75.1 million for the second quarter of 1998, up 39.2 percent. ... Continue reading
IRL: Pep Boys Indy Racing League Weekly Notebook
IRL: Pep Boys Indy Racing League Weekly Notebook ... Continue reading
John Moynahan Named CFO of Precision Auto Care
Precision Auto Care, Inc., North America's largest franchisor of auto care centers, announced that John F. Moynahan has been named senior vice president and chief financial officer. ... Continue reading
Kalthoff International and MFG Publishing to Co-Produce Conference
Kalthoff International, producers of leading conferences, in conjunction with Plant-Wide Research Group, a consulting and market research firm, and MFG Publishing, publisher of Midrange ERP, announced that they will co-produce a new conference focusing on ERP and PDM integration. ... Continue reading
LCS Announces Contract Extension with AlliedSignal, Inc.
Life Cycle Solutions, Incorporated (LCS) announced a contract extension with AlliedSignal Turbocharging Systems for work related to selection and implementation planning for an enterprise-wide PDM system. ... Continue reading
Lincoln Mercury, Joins Irvine, CA Business Community
Celebrating the grand opening of its new headquarters in Irvine, California, Lincoln Mercury becomes the first U.S. automaker to locate its head office outside of Detroit since World War II. ... Continue reading
Lincoln Mercury Opens New World Headquarters
America's premier luxury automotive company became a California- based firm today as Lincoln Mercury opened its new world headquarters here. ... Continue reading
Lucas Body Systems Announces QS-9000 Certification
Lucas Body Systems, a business of LucasVarity's Electrical and Electronic Systems Division, has received QS-9000 certification for its plant in Fenton, Mich. ... Continue reading
Midgets: Race Results after 11 July 98 - Grundy County
Midgets: Race Results after 11 July 98 - Grundy County ... Continue reading
Miller Named Corporate General Counsel for Intermet
Intermet Corporation announced that Alan J. Miller has been named corporate general counsel for Intermet. In this position, Miller will be responsible for Intermet's legal activities, including the coordination of all external legal counsel. ... Continue reading
MSM AG Announces Strategic Partnership With DOMA
MSM AG of Switzerland, and its subsidiary, Softech GmbH, the largest producer of aftermarket 2 stroke motorcycle exhaust sys. in Europe, marketed under the SPESO product line, announced a strategic and financial alliance with DOMA of Belgium. ... Continue reading
NASCAR GDS: Goody's Mid-season Consistency Awards
NASCAR GDS: Goody's Mid-season Consistency Awards ... Continue reading
NASCAR GDS: Hobgood Real Good at Greenville-Pickens
NASCAR GDS: Hobgood Real Good at Greenville-Pickens ... Continue reading
NASCAR GDS: Race #10 Orange County Speedway Pre-race Report
NASCAR GDS: Race #10 Orange County Speedway Pre-race Report ... Continue reading
NASCAR: Rookie Park Puts Recovery into Drive at Indy Test
NASCAR: Rookie Park Puts Recovery into Drive at Indy Test ... Continue reading
National Auto Credit Announces Appointment
National Auto Credit announced that Steven Jaeger has been promoted to Vice President of Information Services. In this position, Jaeger will be responsible for all internal info technology systems which includes the upgrading of those systems, as well as the installation of new applications. ... Continue reading
National Car Rental Takes the Lead in Sports Sponsorships
Among travel companies, National Car Rental is the sports marketer, promoting its fast and efficient car rentals on almost every major national sporting event. ... Continue reading
O'Sullivan Corporation Reports Earnings Results
O'Sullivan Corporation reported consolidated sales and earnings results for the three and six months ended June 30, 1998. ... Continue reading
Parker to Repurchase Additional Shares of Its Stock
Parker Hannifin Corp announced that its Board of Directors has authorized the repurchase of an additional 4.0 mil shares of its common stock. This brings to 5.05 million the total number of shares currently authorized for repurchase under a plan initiated in August, 1990. ... Continue reading
Redlaw Industries Inc. Announces Q4 and Year End Results
The financial results of Redlaw Industries Inc. of Mississauga, Ontario for the fourth quarter and year ended March 31, 1998 were today released by the company. The company's year end was changed from September 30 to March 31 effective March 31, 1997. ... Continue reading
San Francisco Tops Auto Trader(R) Online Activity
Auto Trader(R) Online has identified San Francisco as its top market in the country in terms of user activity. The website, with around 500,000 used cars for sale today, has tracked the number of area code searches performed by Bay Area users. ... Continue reading
SatCon Receives $75,000 Contract
SatCon Technology Corporation announced that it received a $75,000 contract from the Small Business Innovation Research Program (SBIR) to design and develop a state-of-the-art thermal management scheme for induction motors. ... Continue reading
Siemens Breaks Ground for Headquarters Expansion
Siemens Automotive broke ground for the expansion of its Auburn Hills, Mich., facility in response to strong North American business growth, and increasing vehicle content of electrical and electronic systems. ... Continue reading
Smart Choice Automotive Group Reports Record Revenues and Earnings
Smart Choice Automotive Group, Inc., a leading consolidator within the 'dealer- financed' used car retailing industry, announced record revenues and earnings for the second quarter and first half of its 1998 year. ... Continue reading
Standard & Poor's assigned its single-'B'-plus corporate credit rating to Sonic Automotive Inc. and its single-'B'-minus rating to the company's proposed $125 million senior subordinated notes due 2008, issued under Rule 144a. ... Continue reading
Standard & Poor's today assigned its ratings to AutoZone Inc. (see list below). The outlook is stable. ... Continue reading
Tenneco Board Declares Third Quarter Dividend
Tenneco announced that its board of directors has declared a regular third quarter dividend of 30 cents per share on its common stock. ... Continue reading
The Auxer Group Announces Agreement
The Auxer Group Inc. announced it has entered into a marketing and distribution agreement with john de beer & associates and is forwarding excerpts of the john de beer's announcement. ... Continue reading
The Car Guy ... Continue reading
Tomkins to Sell Toe Cap Business
Tomkins PLC, the intl. manufacturing company, announced that it has reached agreement with Dinkie Heel plc to sell the toe cap business and assets of Firth Cleveland Engineering Limited for a cash consideration of approximately 1.5 million-pounds. ... Continue reading
Toyota Announces Formal Plans to Sell Prius Hybrid Vehicle in U.S.
Toyota Motor Corporation (TMC) President Hiroshi Okuda announced today that the company will introduce a Toyota Hybrid System-powered Prius sedan in the U.S. in late 2000. ... Continue reading
Trends and Issues in the Auto Industry to be Addressed At Seminar
Auto executives Jack Smith of General Motors, Wayne Booker of Ford, Tom Stallkamp of Chrysler and Yoshio Ishizaka of Toyota will be among more than 50 speakers featured at the University of Michigan's annual Management Briefing Seminars. ... Continue reading
Turbodyne Technologies Inc. Issues Follow-Up
Turbodyne Technologies Inc. is issuing this follow-up to its press release dated June 24, 1998 in which the Company reported its financial results for the first quarter ended March 31, 1998 under US GAAP. ... Continue reading
USAC Midgets: 16th Street Midget Series Race Results
USAC Midgets: 16th Street Midget Series Race Results July 11, 1998 ... Continue reading
USAC Midgets: TQ Midget Race Results, Lake Perris, California
USAC Midgets: TQ Midget Race Results, Lake Perris, California July 11, 1998 ... Continue reading
USAC: The Week in USAC Sprints, Silver Crown, and Midgets
USAC: The Week in USAC Sprints, Silver Crown, and Midgets ... Continue reading
Winnebago Industries' CEO Featured on CNBC
Bruce Hertzke, Winnebago Industries Chairman and Chief Executive Officer, was interviewed this morning by host Mark Haines on CNBC's "Squawk Box" financial news television program. ... Continue reading
Worldwide PetroMoly Announces Purchase Agreement
The City of Coral Springs has entered into a purchase agreement with Worldwide PetroMoly Inc. to service their Municipality's vehicles including police cars, fire/rescue trucks, and their "public-works" fleet with PetroMoly motor oil and lubrication. ... Continue reading
The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.
Vehicle manufacturers and alt fuels.
