AAA: Regional Gas Prices Dip Slightly
Gas prices have fallen a penny in one month to reach the lowest summer price in three years, AAA reported today. ... Continue reading
AMA: Mazda Truck Motocross Nationals Head to Ohio for Second Payout Round
AMA: Mazda Truck Motocross Nationals Head to Ohio for Second Payout Round ... Continue reading
AMA: Parker Looking to Rebound at Eldora Speedway
AMA: Parker Looking to Rebound at Eldora Speedway ... Continue reading
AMA Pro Racing Announces 1999 Mazda Truck Motocross Nationals Schedule
AMA Pro Racing Announces 1999 Mazda Truck Motocross Nationals Schedule ... Continue reading
ARCA: Pepsi 400K Fact Sheet ... Continue reading
ASHA Corporation Completes Technology Transfer to Taisun Automotive Group
ASHA Corporation has completed the initial phase of its joint venture for the production of the ASHA Body Concept (ABC) vehicle. ... Continue reading
Auto-By-Tel Becomes Excite's Exclusive Auto Buying Service
Auto-By-Tel Corp. and Excite Inc. announced that Auto-By-Tel will be featured as the exclusive auto buying service on the Netscape and Excite co-branded channels on Netscape's NetCenter. ... Continue reading
Automakers Urge Normal Trade Status for China
Stating that maintaining normal trading relations continues to be the best way to improve relations with China, the American Automobile Manufacturers Association (AAMA) is urging the U.S. House of Representatives to affirm China's normal trade status. ... Continue reading
Borg-Warner Automotive Reports Q2 Results
Borg-Warner Automotive, Inc. today reported 1998 second quarter earnings of $.83 per share (diluted) compared with $1.23 in the same 1997 period. ... Continue reading
Boyds Wheels Files Reorganization Plan
Boyds Wheels, Inc. and its wholly owned subsidiary, Hot Rods By Boyd, filed a joint plan of reorganization with the United States Bankruptcy Court late yesterday. ... Continue reading
Cooper Declares Dividend on Cooper Tire Stock
The board of directors of Cooper Tire & Rubber Company declared a quarterly dividend of 9.5 cents per share on common stock, payable September 30, 1998 to stockholders of record September 9, 1998. ... Continue reading
Cooper Tire Reports Q2 Results
COOPER TIRE & RUBBER COMPANY today reported a 3% earnings increase on virtually flat sales for its second quarter ended June 30, 1998. ... Continue reading
Credit Acceptance Corporation Reports Q2 Earnings
Credit Acceptance Corporation announced that consolidated net income for the quarter ended June 30, 1998, was $7,443,000 or $.16 per diluted share compared to $12,050,000 or $.26 per diluted share for the same period in 1997. ... Continue reading
Detroit Diesel Reports Q2 Earnings
Detroit Diesel Corporation announced second quarter 1998 revenues of $556 million and a 41% increase in net income to $10.4 million, or $0.42 per common share. ... Continue reading
Eaton Declares Quarterly Dividend
Eaton Corp's Board of Directors declared a regular quarterly dividend of $.44 per common share, payable on August 25 to shareholders of record on August 3, 1998. Eaton has paid dividends on common shares annually since 1923. ... Continue reading
Energy Research Announces Agreement with Daimler Benz Affiliate
Energy Research Corporation entered into an agreement to expand its long term partnership with MTU Friedrichshafen Gmbh, of Daimler-Benz AG. The partnership includes a license for fuel cell technology and a significant equity position in ERC. ... Continue reading
Federal-Mogul Reports Q2 Results
Federal-Mogul Corporation announced strong second quarter operating results and significant progress in its integration plan designed to realize the synergies inherent in the acquisitions of T&N and Fel-Pro. ... Continue reading
Ford's All-New Sport Utility to be Low Emissions Vehicle
Ford Motor Company's new sport utility vehicle, scheduled to go into production at Ford's Kansas City Assembly Plant in 2000, will meet U.S. Low Emission Vehicle standards. ... Continue reading
General Bearing Reports Q2 Results
General Bearing Corporation reported sales of $11,011,000 for the second quarter, ended June 27, 1998, versus sales of $11,476,000 for the year earlier period. ... Continue reading
Genuine Parts Co. Reports Q2 Results
Genuine Parts Company reported record sales and earnings for the second quarter and six months ended June 30, 1998, Larry Prince, Chairman of the Board, announced today. ... Continue reading
GM Dealer Can't Sell New Cars, So He Is Giving One Away!
Jim Waldron, a Buick-Pontiac-GMC Truck dealer in Flint, Michigan, is giving away a new 1999 GMC Sierra to one lucky family affected by the General Motors strike. ... Continue reading
Group 1 Posts Q2 Revenues and Earnings
Group 1 Automotive, Inc., a leading operator and consolidator in the automotive retailing industry, today reported double-digit gains in revenues, operating profit, net income and earnings per share for the second quarter and first six months of 1998. ... Continue reading
Insurance Auto Auctions Reports Q2 Earnings
Insurance Auto Auctions, Inc. reported second-quarter net earnings climbed 64 percent to $2.5 million, or 22 cents per share, from $1.5 million, or 13 cents per share, including special charges, for the same quarter a year ago. ... Continue reading
IRL: Lucky Fan and Driver Have Chance to Share a Million Dollars
IRL: Lucky Fan and Driver Have Chance to Share a Million Dollars ... Continue reading
IRL: Michner Replaces Injured Salazar in Reebok Car
IRL: Michner Replaces Injured Salazar in Reebok Car ... Continue reading
IRL: Pep Boys Indy Racing League Statistics as of July 22
IRL: Pep Boys Indy Racing League Statistics as of July 22 ... Continue reading
Johnson Controls Declares Cash Dividend
The Board of Directors of Johnson Controls, Inc. declared a regular quarterly cash dividend of $0.23 per common share. The dividend is payable September 30, 1998 to shareholders of record September 11, 1998. ... Continue reading
J.T. Granatelli Lubricants, to Launch Products with Infomercials
J.T. Granatelli Lubricants, Inc. announced today that the Company will utilize a 1/2 hour infomercial to introduce its product line to the North American marketplace. ... Continue reading
Kid 'E-Car' to Patrol the Automotive Hall of Fame
Kids can have fun in a car made just for them, and learn something at the same time with "E-Car, The E-Patrol Talking Car." ... Continue reading
Lucas to Provide Smart Actuators for Dodge Pickups
Lucas Body Systems, a business of LucasVarity's Electrical and Electronic Systems Division, has been awarded a contract as a second tier supplier to supply smart actuators for Chrysler Corp.'s 1999 Model Year Dodge Ram pickup trucks. ... Continue reading
Mobil Reports Q2 1998 Operating Earnings
Mobil Corporation today reported second quarter 1998 estimated operating earnings of $655 million. This is a decrease of $215 million, or 25 percent, from the $870 million earned in the same period last year. ... Continue reading
Monro Muffler Brake, Inc. Q1 Results
Monro Muffler Brake, Inc., today announced sales and earnings for its first quarter ended June 30, 1998. ... Continue reading
NASCAR: Glotzbach Charged to Place in NASCAR History
NASCAR: Glotzbach Charged to Place in NASCAR History ... Continue reading
OEA to Lay Off 150 Workers in Denver
OEA, Inc. announced that it will reduce its workforce by 150 employees or 15%, at its Denver Inflator production facility ... Continue reading
Onyx Acceptance Corporation, a specialized automobile finance company, today reported results for the quarter ended June 30, 1998. ... Continue reading
Postrace Notes: Pep Boys 400K, Dover, Delaware
Postrace Notes: Pep Boys 400K, Dover, Delaware ... Continue reading
Providata: Airbag Industry Growth Continues; Consolidation Slows
By 2005, the global airbag industry will produce more than 180.2 million airbag modules annually, more than doubling the 81.1 million produced during the 1999 calendar year. ... Continue reading
Rouge Industries, Inc. Posts Q2 Earnings
Rouge Industries, Inc. reported net income of $6.1 million and earnings per share of $0.28 for the second quarter of 1998, compared to net income of $10.6 million and earnings per share of $0.48 for the second quarter of 1997. ... Continue reading
SDC to Acquire Prized Czech Truck Manufacturer
In what would create the largest Czech Republic industrial operation to be majority-owned by an American company, SDC International, Inc., announced the acquisition of the 100 year-old Czech truck manufacturer, Tatra, a.s. ... Continue reading
Standard Automotive Closes on Credit Facility With PNC Bank, N.A.
STANDARD AUTOMOTIVE CORPORATION iannounces the closing of a $40 million credit facility with PNC Bank, N.A. and completed the acquisition of R&S TRUCK BODY COMPANY INC. ... Continue reading
The Callahan Report: Sunday's U.S. 500 is the CART Main Event
The Callahan Report: Sunday's U.S. 500 is the CART Main Event ... Continue reading
The Ultimate Drive(TM) for the Susan G. Komen Breast Cancer Foundation
BMW of North America and the Susan G. Komen Breast Cancer Foundation today announced that they will once again join forces in The Ultimate Drive(TM) for the Susan G. Komen Breast Cancer Foundation. ... Continue reading
The Timken Company announced today increases in sales for both the first half and second quarter ended June 30. ... Continue reading
Top Driver Brings Revolutionary Driver Ed to Greenwood, IN
Chevrolet Motor Division and MetLife Auto have teamed up with Top Driver, a national driver education company, to revolutionize the industry and open state-of-the-art training centers in shopping malls across the country. ... Continue reading
TRW Declares Quarterly Dividend
Directors of TRW Inc. today declared a quarterly dividend of 31 cents per share on the company's outstanding common stock. ... Continue reading
Ugly Duckling Reports Q2 1998 Results
Ugly Duckling Corporation today reported results from continuing and discontinued operations for the three and six months ended June 30, 1998. ... Continue reading
URG Releases Pinnacle Computer System For Auto Recyclers
United Recyclers Group, LLC (URG) is pleased to announce that its advanced computer information management computer system, the Pinnacle Auto Recycling Trading System (PARTS)(TM), has been released for general use. ... Continue reading
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