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August 1998

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Monday, August 17, 1998

1998 Golden Tachometer Awards

1998 Golden Tachometer Awards

The Auto Channel has named twelve vehicles as winners of the Golden Tachometer Award. The Goldies are being presented to the cars and trucks that The Auto Channel believes were the best of the 1998 new model year. ... Continue reading

1999 Monterey Historic Automobile Races to Honor Auto Union

1999 Monterey Historic Automobile Races to Honor Auto Union

Celebrating its 100th year of automotive tradition in 1999, Audi AG will proudly present its rare Auto Union racing cars as the featured marque for the 1999 Monterey Historic Automobile Races. ... Continue reading

Advance Auto Parts and Western Auto Supply Co. to Merge

Advance Auto Parts and Western Auto Supply Co. to Merge

Advance Auto Parts and Sears, Roebuck and Co. announced the signing of a definitive agreement under which the Western Auto subsidiary of Sears, including both the retail and wholesale operations, will merge with Advance. ... Continue reading

AlliedSignal to Use MicroStrategy's Decision Support Technology

AlliedSignal to Use MicroStrategy's Decision Support Technology

MicroStrategy Incorporated announced that its customer, AlliedSignal Automotive Products Group is using MicroStrategy's decision support technology. ... Continue reading

AMA: Prostar Indy Final Round Results

AMA: Prostar Indy Final Round Results

AMA: Prostar Indy Final Round Results ... Continue reading

Amscot Owner Ordered Out Of Insurance Business

Amscot Owner Ordered Out Of Insurance Business

An auto insurance agency with 18 offices around the state has pleaded guilty to racketeering for its part in various fraudulent insurance practices, including a sales abuse known as 'sliding.' ... Continue reading

Auto Affordability is Best in 18 Years

Auto Affordability is Best in 18 Years

The purchase of an average-priced new vehicle during the second quarter of this year required 24.7 weeks of median family income, before taxes, according to the Auto Affordability Index compiled by Detroit-based Comerica Bank. ... Continue reading

Auto Care 101: Tips for Parents and Their Teen Drivers

Auto Care 101: Tips for Parents and Their Teen Drivers

Nearly four million teens are set to get their driver's license this school year, causing parents and their excited 15- to 16-year-olds to gear up for some big changes. ... Continue reading

BARBERDODGE: Barber Dodge Pro Series-Round 8-Road America

BARBERDODGE: Barber Dodge Pro Series-Round 8-Road America

BARBERDODGE: Barber Dodge Pro Series-Round 8-Road America ... Continue reading

CART: Dario Franchitti Scores First Champ Car Win

CART: Dario Franchitti Scores First Champ Car Win

CART: Dario Franchitti Scores First Champ Car Win ... Continue reading

CART: Texaco Havoline 200 Race Results

CART: Texaco Havoline 200 Race Results

CART: Texaco Havoline 200 Race Results ... Continue reading

Dana's Perfect Circle Sealed Power Division Named Best

Dana's Perfect Circle Sealed Power Division Named Best

The readers of prestigious Automotive Industries magazine have voted Dana Corporation's Perfect Circle Sealed Power Division the "Best of the Best" in that magazine's 1998 "Quest For Excellence" competition. ... Continue reading

Dana Technology Prominent on New Jeep(R) Grand Cherokee

Dana Technology Prominent on New Jeep(R) Grand Cherokee

As Chrysler Corporation introduces the world to the all-new 1999 Jeep(R) Grand Cherokee, automotive enthusiasts are marveling at the latest technology that Dana Corporation brings to the vehicle. ... Continue reading

Engelhard Joint Venture Begins Auto Catalyst Production in India

Engelhard Joint Venture Begins Auto Catalyst Production in India

Engelhard Environmental Systems (India) Ltd., a joint venture of U.S.-based Engelhard Corporation and India-based UCAL Fuel Systems Ltd., today began production at India's first auto-emission catalyst plant. ... Continue reading

Exide Corporation Decides Not to Proceed with Recapitalization

Exide Corporation Decides Not to Proceed with Recapitalization

Exide Corporation announced that a management group headed by its Chairman and CEO, Arthur M. Hawkins, has advised the Board of Directors that management has concluded its study of recapitalization of the Company and decided not to proceed. ... Continue reading

Fidelity Holdings, Inc. Announces Results

Fidelity Holdings, Inc. Announces Results

Fidelity Holdings, Inc. announced record results for the three and six month periods ended June 30, 1998. ... Continue reading

Ford Uses Technology Research Corp in EV Charging Circuits

Ford Uses Technology Research Corp in EV Charging Circuits

Raymond H. Legatti, President of Technology Research Corporation is pleased to announce that it has received an order from The Ford Motor Company for a number of prototype circuits for use in electric vehicle charging applications. ... Continue reading

FPL Inaugurates State's Largest EV Fleet and Public Charging Station

FPL Inaugurates State's Largest EV Fleet and Public Charging Station

Florida Power & Light Company today unveiled Florida's largest electric vehicle fleet and the state's largest public charging station at the company's Miami General Office facilities, bringing nearer the day when EVs are common on Florida's roads. ... Continue reading

Genuine Parts Company Announces Dividend

Genuine Parts Company Announces Dividend

The Board of Directors of Genuine Parts Company declared a regular quarterly cash dividend of 25 cents per share on the Company's common stock. ... Continue reading

Harley-Davidson, Inc. Announces Eaglemark Financial Services, Inc. Appointments

Harley-Davidson, Inc. Announces Eaglemark Financial Services, Inc. Appointments

Harley-Davidson, Inc. announced today that Donna F. Zarcone has been named president and chief operating officer of Eaglemark Financial Services, Inc. ... Continue reading

Hendrick Motorsports Endorses Victor Reinz(R) Gaskets, Perfect Circle(R) Rings

Hendrick Motorsports Endorses Victor Reinz(R) Gaskets, Perfect Circle(R) Rings

Hendrick Motorsports, one of the hottest teams in NASCAR racing today, has endorsed Dana Corporation's Victor Reinz(R) gaskets and Perfect Circle(R) piston rings. ... Continue reading

IRL: Brack Avoids Fuelish Problems, Hangs on for Second Straight Win

IRL: Brack Avoids Fuelish Problems, Hangs on for Second Straight Win

IRL: Brack Avoids Fuelish Problems, Hangs on for Second Straight Win ... Continue reading

IRL: Infiniti Engine, Gregoire Riding High at Pikes Peak

IRL: Infiniti Engine, Gregoire Riding High at Pikes Peak

IRL: Infiniti Engine, Gregoire Riding High at Pikes Peak ... Continue reading

IRL: Radisson 200 Race Results

IRL: Radisson 200 Race Results

IRL: Radisson 200 Race Results ... Continue reading

J.D. Power Quality Award for Ford Michigan Truck Plant

J.D. Power Quality Award for Ford Michigan Truck Plant

Employees of Ford Motor Company's Michigan Truck Plant celebrated receiving the Bronze Award from J.D. Power and Associates for producing the third best quality overall and the highest quality for any truck plant in North America. ... Continue reading

Kaiser Permanente Installs EV Charging Stations

Kaiser Permanente Installs EV Charging Stations

Kaiser Permanente demonstrated its commitment to clean air and safeguarding the health of Southland residents by becoming the first business in Woodland Hills to open electric-vehicle (EV) charging stations. ... Continue reading

Kia Comes to Cornhusker State!

Kia Comes to Cornhusker State!

Kia continues its successful market-by-market launch strategy as it opens its first Nebraska dealership for a total 428 dealers in 42 states with the opening of Kia of Omaha (402-331-9100) at 4040 S. 84th Street. Ron Rhoden is the dealer. ... Continue reading

Lucille Treganowan's Tips to Keep Cars and Drivers From Boiling Over

Lucille Treganowan's Tips to Keep Cars and Drivers From Boiling Over

Every month thousands of cars have to pull over to the side of the road because of overheating. Here's a checklist and some tips from trusted care car authority, Lucille Treganowan, a no-nonsense grandmother who hosts a national television show. ... Continue reading

Mannesmann Sachs Reports Results

Mannesmann Sachs Reports Results

Mannesmann Sachs, Schweinfurt, one of the world's leading automotive components suppliers, again outpaced the automotive market as a whole in the first half-year 1998. ... Continue reading

Mobil Sponsors African American Women On Tour

Mobil Sponsors African American Women On Tour

The 1998 Mobil African American Women on Tour concludes its six city, national tour in Atlanta, Friday, August 28 through Sunday, August 30 at the Atlanta Hilton Hotel. Mobil Corporation is serving as the title sponsor of the event. ... Continue reading

NASCAR Trucks: Walters Rides Rim to Best Finish of Season

NASCAR Trucks: Walters Rides Rim to Best Finish of Season

NASCAR Trucks: Walters Rides Rim to Best Finish of Season ... Continue reading

NASCAR WCUP: Pepsi 400 Race Results

NASCAR WCUP: Pepsi 400 Race Results

NASCAR WCUP: Pepsi 400 Race Results ... Continue reading

OKI(R) Awards Three Lucky Customers With a Mercedes Benz ML320

OKI(R) Awards Three Lucky Customers With a Mercedes Benz ML320

Okidata announced today the three winners of its 1998 ML320 Turbo Program, a sales incentive program open to Value Added Resellers (VARs) and distributors, during a sales challenge period from May 1 through June 30 of this year. ... Continue reading

Philadelphia-Area Soccer Mom Named Carpool Parent of the Year

Philadelphia-Area Soccer Mom Named Carpool Parent of the Year

Nissan Motor Corporation U.S.A. recently awarded Leslie DeBrocky-Fusfeld of Wynnewood, Pa., the national winner of the Nissan Quest Carpool Parent of the Year contest, with her grand prize, a 1998 Nissan Quest. ... Continue reading

Rent-A-Wreck Continues Record Breaking Trend

Rent-A-Wreck Continues Record Breaking Trend

Rent-A-Wreck of America Inc., announced record earnings for its first fiscal quarter ended June 30, 1998. ... Continue reading

SCCA: Borcheller, Stewart Score World Challenge Wins at Road America

SCCA: Borcheller, Stewart Score World Challenge Wins at Road America

SCCA: Borcheller, Stewart Score World Challenge Wins at Road America ... Continue reading

School's Open -- Drive Carefully

School's Open -- Drive Carefully

School's Open - Drive Carefully is a message AAA Texas wants motorists to heed as school starts for many Texas children. The AAA Texas kicked off it's annual School's Open - Drive Carefully campaign Friday. extra care when driving in school zones and residential areas. ... Continue reading

Schroder & Company, Inc. Initiates Coverage Of Automobile Protection Corporation

Schroder & Company, Inc. Initiates Coverage Of Automobile Protection Corporation

Automobile Protection Corporation announced today that Schroder & Company, Inc. has initiated coverage with a BUY rating. ... Continue reading

Sears Point Raceway Not Associated "Yellow Flag Alliance"

Sears Point Raceway Not Associated "Yellow Flag Alliance"

On two occasions in the last week, press releases issued by Marvin Krasnansky and the "Sears Point Yellow Flag Alliance" have been labeled off as company releases. ... Continue reading

'Serious Public Policy Problems' of Sears Point Track Expansion

'Serious Public Policy Problems' of Sears Point Track Expansion

In response to press inquiries, the Sears Point Yellow Flag Alliance, a non-profit citizens group committed to preserving the quality of life in the Sonoma Valley, today responded to statements made by Steve Page, president of Sears Point Raceway. ... Continue reading

Sonic Automotive Chooses Reynolds and Reynolds for Forms

Sonic Automotive Chooses Reynolds and Reynolds for Forms

Sonic Automotive, Inc. has selected The Reynolds and Reynolds Company to be the exclusive provider of business forms and forms management services to Sonic's 42 automobile dealerships and eight collision repair facilities across the United States. ... Continue reading

The Week in USAC Sprints, Midgets, and Silver Crown

The Week in USAC Sprints, Midgets, and Silver Crown

The Week in USAC Sprints, Midgets, and Silver Crown ... Continue reading

Top Source Technologies to Sell Automotive Subsidiary Assets

Top Source Technologies to Sell Automotive Subsidiary Assets

Top Source Technologies, Inc. announced the signing of a definitive agreement for the sale of substantially all of the assets of its automotive subsidiary, Top Source Automotive, Inc. to NCT Audio Products, Inc. ... Continue reading

Trident Rowan Group, Inc. Reports Q2 Results

Trident Rowan Group, Inc. Reports Q2 Results

Trident Rowan Group, Inc. reported a loss of Lit. 3,674 million (US$ 2,067,000) in the fiscal quarter ended June 30, 1998 on net sales of Lit. 29,213 million (US$ 16,440,000)compared to a loss of Lit. 5,720 million (US$ 3,219,000) in second quarter, 1997. ... Continue reading

Turbodyne Makes EASDAQ Statement

Turbodyne Makes EASDAQ Statement

Turbodyne Technologies announced that all of the information disclosed by the company, including the company's right of legal action against Asensio & Co., is consistent with previously released public news announcements distributed by the company. ... Continue reading

Turbodyne Reports on Progress in Export Markets

Turbodyne Reports on Progress in Export Markets

Mr. Edward Halimi, Chairman of the Board of Turbodyne Technologies Inc. returned to company headquarters Friday evening from 10 days of negotiations in London and Moscow. ... Continue reading

Union Acceptance Corporation to Restate Financial Results

Union Acceptance Corporation to Restate Financial Results

Union Acceptance Corporation today announced it would be restating its financial statements for fiscal June 30, 1997, as well as the first three quarters of fiscal 1998. ... Continue reading

USAC Midget Rainout at New Castle

USAC Midget Rainout at New Castle

USAC Midget Rainout at New Castle ... Continue reading

U.S. Automotive Manufacturing, Inc. Results for Q2

U.S. Automotive Manufacturing, Inc. Results for Q2

U.S. Automotive Manufacturing, Inc. reported that for the six months ended June 30, 1998, it sustained a loss of $(1,613,079) or $(0.10) per share on net sales of $9,357,169 compared to a loss of $(4,429,238) or $(0.49) per share and net sales of $1,495,303 for the comparable period of 1997. ... Continue reading

U.S. Supreme Court Briefs Submitted by General Motors-Hughes Pension Contributors

U.S. Supreme Court Briefs Submitted by General Motors-Hughes Pension Contributors

The independent General Motors-Hughes Aircraft retirees' Committee for Retiree Pension Rights submitted briefs today to the U.S. Supreme Court in a case that could impact 33 million workers and retirees in defined-benefits pension plans. ... Continue reading

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