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September 1998

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Monday, September 14, 1998

72% Of AMP Shares Are Tendered To AlliedSignal

72% Of AMP Shares Are Tendered To AlliedSignal

AlliedSignal Amends Offer; Will Pay $44.50 Cash For 40 Million AMP Shares (18%), Not Conditional On Redemption Of Poison Pill; Will Resume Conditional Offer For Remaining AMP Shares Following Purchase Of 18%. ... Continue reading

A.C.L.N. Announces Hiring of Investor Relations Firm

A.C.L.N. Announces Hiring of Investor Relations Firm

A.C.L.N. Limited announced that it has hired the U.S.-based firm Fairfax Communications to handle its investor relations communications programs. ... Continue reading

AMA Prostar Bikes: Richard DeClerk Powers to a Win

AMA Prostar Bikes: Richard DeClerk Powers to a Win

AMA Prostar Bikes: Richard DeClerk Powers to a Win ... Continue reading

American Honda Finance CP Affirmed 'F1' By Fitch IBCA

American Honda Finance CP Affirmed 'F1' By Fitch IBCA

American Honda Finance Corp.'s 'F1' commercial paper rating is affirmed by Fitch IBCA. AHFC's implied senior debt rating remains 'A'. ... Continue reading

Auto Club Picks Top Six Ideal Consumer Vehicles

Auto Club Picks Top Six Ideal Consumer Vehicles

The 1998 Audi A4 Avant Quattro comes closest to being this year's ideal passenger vehicle, according to the Automobile Club of Southern California. ... Continue reading

CART: Herta Holds off Zanardi for First Career Victory

CART: Herta Holds off Zanardi for First Career Victory

CART: Herta Holds off Zanardi for First Career Victory ... Continue reading

CART: Hewlett-Packard Extends Team Rahal Technical Partnership

CART: Hewlett-Packard Extends Team Rahal Technical Partnership

CART: Hewlett-Packard Extends Team Rahal Technical Partnership ... Continue reading

Catalytica Advanced Technologies and McDermott Technology, Inc. Receive California Energy Commission Award

Catalytica Advanced Technologies and McDermott Technology, Inc. Receive California Energy Commission Award

Catalytica Advanced Technologies in Mountain View, California, and McDermott Technology, Inc. (MTI) in Alliance, Ohio, have been selected by the California Energy Commission (CEC) to develop a gasoline desulfurizer for fuel cell powered vehicles. ... Continue reading

Chrysler Receives Ruling From U.S. Tax Authorities

Chrysler Receives Ruling From U.S. Tax Authorities

Chrysler Corporation and Daimler-Benz announced that Chrysler has received a private letter ruling from the U.S. Internal Revenue Service addressing certain U.S. tax issues relating to the proposed Chrysler/Daimler-Benz business combination. ... Continue reading

Delphi Goes Over the Forty Mark for Mexican Environmental Awards

Delphi Goes Over the Forty Mark for Mexican Environmental Awards

The Mexican government recognized an additional nine Delphi Automotive Systems plants for outstanding environmental achievements. ... Continue reading

Earl Scheib Announces Q1 Fiscal 1999 Results

Earl Scheib Announces Q1 Fiscal 1999 Results

Earl Scheib Inc. announced results for the first quarter ended July 31, 1998. ... Continue reading

Eaton Realigns Senior Operating Responsibilities

Eaton Realigns Senior Operating Responsibilities

Eaton Corp announced that it has realigned its operations in order to place all of its automotive-related production under one senior officer and also created a new, high-level executive position to strengthen its global supplier management program. ... Continue reading

Expansion Plans Announced For Winnebago Industries

Expansion Plans Announced For Winnebago Industries

Winnebago Industries, Inc. is announcing expansion plans within North Iowa. Due to the high demand for the company's motor homes and a tight labor market, Winnebago ndustries has decided to open a third satellite facility. ... Continue reading

Ford Division Brings Soul to Detroit

Ford Division Brings Soul to Detroit

Ford Division is bringing soul to Detroit as a corporate sponsor of UniverSoul Circus, the only African-American owned circus in the world. The circus will perform at Chene Park, Sept. 18-27. ... Continue reading

Founder and Chief Executive Officer of JPE, Inc. Resigns

Founder and Chief Executive Officer of JPE, Inc. Resigns

Dr. John Psarouthakis, founder and chief executive of JPE, Inc. has resigned as an officer and director of the company. ... Continue reading

GenCorp Names President of Its Vehicle Sealing Business

GenCorp Names President of Its Vehicle Sealing Business

GenCorp Inc. announced the appointment of Robert L. Calder to the position of President of its automotive Worldwide Vehicle Sealing business unit, effective September 28. ... Continue reading

GenCorp Reports Earnings of $0.41 Per Share

GenCorp Reports Earnings of $0.41 Per Share

GenCorp reported 1998 third quarter earnings of $0.41 per diluted share compared to $0.44 per diluted share from operations during the third quarter of 1997. ... Continue reading

Hertz Begins Roll-Out of Computerized Driving Directions

Hertz Begins Roll-Out of Computerized Driving Directions

The Hertz Corporation, the world's largest car rental company, announces the roll-out of its Enhanced Computerized Driving Directions to 16 major airports nationwide. ... Continue reading

Lexus and Clarify Announce Initial Results

Lexus and Clarify Announce Initial Results

Clarify Inc., a leading provider of integrated front office solutions, and Lexus, a division of Toyota Motor Sales (TMS) USA, Inc., announced the successful implementation of the Clarify FrontOffice(TM) system in Lexus' call center. ... Continue reading

Lund International Holdings Names President and CEO

Lund International Holdings Names President and CEO

Lund Intl Holdings, Inc. announced that outside director Dennis W. Vollmershausen, an accomplished executive with more than 30 years of management experience, has been named President and Chief Executive Officer. ... Continue reading

Mercedes-Benz Launches New Interactive Retail Initiative

Mercedes-Benz Launches New Interactive Retail Initiative

Mercedes-Benz of North America, Inc. (MBNA) announced the first phase of a new interactive retail initiative that is designed to be the most comprehensive in the automotive industry. ... Continue reading

Michelin Chooses CATIA CAA Development

Michelin Chooses CATIA CAA Development

Michelin, Dassault Systemes and IBM announced the signing of a strategic Partnership Agreement in which Michelin chooses CATIA version 5 as a strategic solution to design simulate and manufacture its tires. ... Continue reading

Midgets/Legends: Grundy County Speedway Race Results

Midgets/Legends: Grundy County Speedway Race Results

Midgets/Legends: Grundy County Speedway Race Results ... Continue reading

NASCAR Trucks: Memphis 200 Race Results

NASCAR Trucks: Memphis 200 Race Results

NASCAR Trucks: Memphis 200 Race Results ... Continue reading

NationsRent, Inc. Announces Definitive Agreement

NationsRent, Inc. Announces Definitive Agreement

NationsRent, Inc. announced that it has entered into a definitive agreement to combine its operations with A-1 Rental of Texas. A-1 Rental is one of the largest equipment rental companies serving the Dallas/Ft. Worth and Austin markets. ... Continue reading

NAVC and Ford Partner on Web Site

NAVC and Ford Partner on Web Site

The Northeast Alternative Vehicle Consortium (NAVC) is pleased to announce that Ford Motor Company will be sponsoring the Northeast CNG Locator Web Site for refueling natural gas vehicles. ... Continue reading

Prudential Reduces Rates for Tennessee Drivers

Prudential Reduces Rates for Tennessee Drivers

Prudential Property and Casualty Insurance Company is reducing Auto insurance rates in Tennessee by an average of 5.8 percent statewide. Some Tennessee drivers will enjoy reductions of as much as 25 percent. ... Continue reading

Rent-A-Wreck Rockets Into 25th Year with Record Sales

Rent-A-Wreck Rockets Into 25th Year with Record Sales

As Rent-A-Wreck of America Inc. celebrates its 25th anniversary, recent earnings for the used-car rental company are at their highest level. ... Continue reading

Tokheim Corp and Radiant Systems, Inc. to Develop New Dispensers

Tokheim Corp and Radiant Systems, Inc. to Develop New Dispensers

Tokheim Corporation, a leading provider of electronic and mechanical petroleum dispensing systems worldwide, announces a long term agreement with Radiant Systems for the joint development of next generation fuel dispensers. ... Continue reading

TORNADO Device Stirring Up Interest of Drivers

TORNADO Device Stirring Up Interest of Drivers

The automotive aftermarket long ago figured out that if it could just make things more efficient (intake runners, air filters, exhaust systems), there would always be a place to set up shop. ... Continue reading

Toyota to Build Transmissions at West Virginia Plant for Camry

Toyota to Build Transmissions at West Virginia Plant for Camry

Toyota Motor Manufacturing North America, Inc. announced it will be expanding to produce automatic transmissions at its plant in Buffalo, W.Va. The addition will be another $200 million investment, bringing the total to $900 million. ... Continue reading

USAC: Western Sprint Series Results 9/12/98

USAC: Western Sprint Series Results 9/12/98

USAC: Western Sprint Series Results 9/12/98 ... Continue reading

WOO: Kinser Increases Points Lead With Victory at Kings

WOO: Kinser Increases Points Lead With Victory at Kings

WOO: Kinser Increases Points Lead With Victory at Kings ... Continue reading

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