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September 1998

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Wednesday, September 23, 1998

50 High School Students Honored by Deneb Robotics

50 High School Students Honored by Deneb Robotics

As school bells ring in the new year, Deneb Robotics will honor 50 Detroit Metro high school students for successful completion of the first-ever Computer Simulation Summer Camp (CSSC). ... Continue reading

Airbags in Low Speed Crashes: Costing Lives and Money

Airbags in Low Speed Crashes: Costing Lives and Money

Airbag deployments in low speed crashes are causing deaths and injuries, and costing billions of dollars in repairs that are probably unnecessary. NHTSA's recently proposed airbag rules pay scant attention to low-speed crash airbag deployments. ... Continue reading

AMETEK Board Authorizes New $50 Million Stock Repurchase Plan

AMETEK Board Authorizes New $50 Million Stock Repurchase Plan

AMETEK Inc. announced that, consistent with its priority to enhance shareholder value, its Board of Directors has authorized a new program to repurchase over time up to $50 million aggregate amount of AMETEK common shares. ... Continue reading

Autoliv Strengthens Position in Thailand

Autoliv Strengthens Position in Thailand

Autoliv Inc., a worldwide leader in automotive safety systems, has increased its shareholding in its joint venture Autoliv Thailand Ltd. to a majority by 85% by acquiring 35% of the shares from the other partner. ... Continue reading

Automotive Performance Group, Inc. Appoints Dean M. Willard

Automotive Performance Group, Inc. Appoints Dean M. Willard

Automotive Performance Group, Inc. announced that it has elected Dean M. Willard to serve as Chairman of its Board of Directors, and as Chairman of its Executive Committee, bringing to nine the number of Members on its Board. ... Continue reading

Avis Europe Plc Interim Results

Avis Europe Plc Interim Results

Avis Europe plc, the leading car rental company in Europe, Africa, the Middle East and Asia, announced excellent interim results. ... Continue reading

Baan Opens Automotive Software Solution Center in Michigan

Baan Opens Automotive Software Solution Center in Michigan

Baan Company, a major supplier of information technology solutions to the automotive industry, will be holding formal grand opening ceremonies for its Michigan Automotive Solution Center on Thursday, September 24 in Troy. ... Continue reading

Carnegie Hall Names Lincoln Official Car of 1998-99 Season

Carnegie Hall Names Lincoln Official Car of 1998-99 Season

Starting with the opening concert of the season, Lincoln will be the official automobile of Carnegie Hall's 1998-99 season, marking the first affiliation of the Hall with an automotive company. ... Continue reading

'Do the Buckle' Campaign Makes Wearing a Safety Belt 'Cool' For Kids in Portland

'Do the Buckle' Campaign Makes Wearing a Safety Belt 'Cool' For Kids in Portland

Chrysler Corporation is addressing Safety Belt use in Portland and the surrounding area with a new multi-million dollar campaign aimed at reminding kids and people of all ages it's cool to Do the Buckle. ... Continue reading

Electronic Arts Ships Need for Speed III

Electronic Arts Ships Need for Speed III

Electronic Arts(TM), the world's largest interactive entertainment software company, announces the release of its highly anticipated Need For Speed(TM) III: Hot Pursuit for the PC, the latest entry in the adrenaline-pumping racing franchise. ... Continue reading

First Priority Group Receives Major Fleet Contract

First Priority Group Receives Major Fleet Contract

First Priority Group, Inc., reported that its National Fleet Service division has received a three year contract to administer auto collision and subrogation services for one of the nation's largest corporate fleets. ... Continue reading

Folding Electric Scooter on Best New Products of 1998 List

Folding Electric Scooter on Best New Products of 1998 List

The ZAPPY(TM), an electric scooter from ZAP Power Systems of Sebastopol, California has been included in The Gadget Guru's new Guide to the Best Stuff as one of the best new products of 1998. ... Continue reading

Group 1 Automotive Names John S. Bishop SVP Operations

Group 1 Automotive Names John S. Bishop SVP Operations

Group 1 Automotive, Inc., a leading operator and consolidator in the automotive retailing industry, announced that it has named John S. Bishop as senior vice president -- operations. ... Continue reading

'Hyundai Advantage' Warranty Sets Standard

'Hyundai Advantage' Warranty Sets Standard

Hyundai Motor America announced what it calls the best warranty in the automotive business -- the Hyundai Advantage. ... Continue reading

IRL: Back to Back Podium Finishes for Team Cheever

IRL: Back to Back Podium Finishes for Team Cheever

IRL: Back to Back Podium Finishes for Team Cheever ... Continue reading

IRL: Postrace Notes: Lone Star 500, Fort Worth, Texas

IRL: Postrace Notes: Lone Star 500, Fort Worth, Texas

IRL: Postrace Notes: Lone Star 500, Sept. 20, Fort Worth, Texas ... Continue reading

Johnson Controls Makes Executive Appointments

Johnson Controls Makes Executive Appointments

Johnson Controls, Inc. announced several new executive appointments. ... Continue reading

Mannesmann on Track

Mannesmann on Track

Mannesmann confirms the improved earnings forecast for the full year 1998 made in August: Mannesmann expects a significant improvement in earnings in comparison to 1997. ... Continue reading

Motor & Equipment Manufacturers Ass. Says Tuneup Rate has Dropped

Motor & Equipment Manufacturers Ass. Says Tuneup Rate has Dropped

The rate of vehicle tuneups performed each year has dropped from 5 of 6 vehicles in 1993 to less than 3 of 5 in 1997. The figures were released in an analysis of U.S. automotive maintenance in "Replacement Rates of U.S. Automotive Parts." ... Continue reading

NASCAR-CTS: Tolsma to drive the #84 Porter-Cable Power Tools Ford at Martinsville

NASCAR-CTS: Tolsma to drive the #84 Porter-Cable Power Tools Ford at Martinsville

NASCAR-CTS: Tolsma to drive the #84 Porter-Cable Power Tools Ford at Martinsville ... Continue reading

NASCAR: Dale Earnhardt Jr. Signs Six-year Deal with Budweiser

NASCAR: Dale Earnhardt Jr. Signs Six-year Deal with Budweiser

NASCAR: Dale Earnhardt Jr. Signs Six-year Deal with Budweiser ... Continue reading

NASCAR WCUP: Crew Chief Club at the NAPA AutoCare 500

NASCAR WCUP: Crew Chief Club at the NAPA AutoCare 500

NASCAR WCUP: Crew Chief Club at the NAPA AutoCare 500 ... Continue reading

NASCAR-WCUP: Goodyear Tire Notes for the NASCAR Winston Cup NAPA Autocare 500

NASCAR-WCUP: Goodyear Tire Notes for the NASCAR Winston Cup NAPA Autocare 500

NASCAR-WCUP: Goodyear Tire Notes for the NASCAR Winston Cup NAPA Autocare 500 ... Continue reading

NASCAR WCUP: Kenny Wallace/Square D Weekly Review-Preview

NASCAR WCUP: Kenny Wallace/Square D Weekly Review-Preview

NASCAR WCUP: Kenny Wallace/Square D Weekly Review-Preview ... Continue reading

NASCAR-WCUP: Musgrave Returns to Jasper Motorsports

NASCAR-WCUP: Musgrave Returns to Jasper Motorsports

NASCAR-WCUP: Musgrave Returns to Jasper Motorsports ... Continue reading

Nissan Lowers 1999 Frontier, Sentra Prices Five Percent

Nissan Lowers 1999 Frontier, Sentra Prices Five Percent

Nissan Motor Corporation U.S.A. announced 1999 model year Nissan Frontier and Sentra pricing, which is approximately 5 percent less than 1998 model-year prices for comparably equipped vehicles. ... Continue reading

Postal Service Orders 10,000 Ethanol Vehicles From Ford

Postal Service Orders 10,000 Ethanol Vehicles From Ford

The U.S. Postal Service has ordered 10,000 ethanol-powered vehicles, which will become the largest such fleet in the country. ... Continue reading

PriceSmart, Inc. Announces Repurchase of Common Stock

PriceSmart, Inc. Announces Repurchase of Common Stock

PriceSmart, Inc. announced that it has repurchased 150,000 shares of its common stock, representing the balance of shares necessary to fully fund its 1998 Equity Participation Plan. ... Continue reading

Proposed Federal Rules for Modifying Vehicles for People with Disabilities

Proposed Federal Rules for Modifying Vehicles for People with Disabilities

To promote safety and preserve the mobility of people with disabilities, U.S. Transportation Secretary Rodney E. Slater announced proposed modification rules for cars, trucks and vans that are altered to meet the needs of the physically disabled. ... Continue reading

Reynolds and Reynolds Expands Share Repurchase Program

Reynolds and Reynolds Expands Share Repurchase Program

The Reynolds and Reynolds Company announced that its board of directors has increased the company's existing share repurchase authorization by 4 million shares. ... Continue reading

S&P Rates Arcadia Automobile Receivables Trust 1998-C

S&P Rates Arcadia Automobile Receivables Trust 1998-C

Standard & Poor's assigned its ratings to Arcadia Automobile Receivables Trust 1998-C class A-1, A-2, and A-3 notes (see list below). ... Continue reading

S&P Rates Danaher Corporate Credit, $300 Million Notes A+

S&P Rates Danaher Corporate Credit, $300 Million Notes A+

Standard & Poor's today assigned its single-'A'-plus corporate credit rating to Danaher Corp. ... Continue reading

Standard Products Recognizes Winners of 1998 Chairman's Award of Excellence

Standard Products Recognizes Winners of 1998 Chairman's Award of Excellence

The Standard Products Company announced the winners of its 1998 Chairman's Award of Excellence at ceremonies in Huron, Ohio, last week. ... Continue reading

Textron Automotive Company Appoints Kenneth M. Kilkka

Textron Automotive Company Appoints Kenneth M. Kilkka

Textron Automotive Company (TAC) announced the appointment of Kenneth M. Kilkka to the position of Vice President, Planning, reporting to James L. Chamberlin, Executive Vice President of Technology, Planning and Quality. ... Continue reading

Toyota Announces August Certified Used Vehicle Sales

Toyota Announces August Certified Used Vehicle Sales

Toyota Motor Sales (TMS), U.S.A., Inc. reported that calendar- year-to-date sales of its Toyota Certified Used Vehicles totaled 59,455 units, an increase of 6.3 percent compared to the same period a year ago. ... Continue reading

U.S. Steel Breaks Ground for New Michigan Automotive Center

U.S. Steel Breaks Ground for New Michigan Automotive Center

U.S. Steel's Automotive Group held groundbreaking ceremonies here today for a new 43,300-square-foot automotive center in Troy, Michigan. ... Continue reading

WoO: Outlaw Shootout Headed for Bloomington

WoO: Outlaw Shootout Headed for Bloomington

WoO: Outlaw Shootout Headed for Bloomington ... Continue reading

World's 1st DSP-Based AM/FM Radio from Blaupunkt

World's 1st DSP-Based AM/FM Radio from Blaupunkt

Blaupunkt(R), a Division of Germany's Robert Bosch Corp., has announced the development of an AM/FM radio that converts received radio signals into digital data and uses digital signal processing instead of conventional analog radio circuitry. ... Continue reading

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