Thursday, September 24, 1998

Airbags and the Threshold for Profits

Controversy has marked airbag development since their introduction more than 3 decades ago. During those 30 years, there have been more myths, lies, hopes, spins and counterspins about airbags than about any other issue in automotive history. ... Continue reading

American Technologies Group and Comtrad Form Alliance

American Technologies Group, Inc., and Comtrad Industries announced that they have formed a strategic marketing alliance to offer a deluxe car care kit consisting of American Technologies' six proprietary automotive products. ... Continue reading

AmeriGuard Radar Backup Warning System Successful in Trials

Amerigon Inc. announced that the New Mexico State Highway and Transportation Department (NMSHTD) Research Bureau has completed evaluation of Amerigon's proprietary bumper-mounted AmeriGuard(TM) backup warning system. ... Continue reading

Automotive Performance Group, Inc. Names Tammy Marie Powers

AUTOMOTIVE PERFORMANCE GROUP, INC., a full service owner and operator of high performance automotive businesses and brands, announced that it has appointed Ms. Tammy Marie Powers as Chief Financial Officer. ... Continue reading

Burnham Reaches Agreement To Acquire Bryan Steam

Burnham Corporation and Bryan Steam Corporation announced that they have entered into a merger agreement pursuant to which Burnham will acquire all of the outstanding common stock of Bryan Steam for $152.00 per share in cash. ... Continue reading

CART: Driver Standings Through September 23

CART: Driver Standings Through September 23 ... Continue reading

CART/Formula One: Zanardi Signs with Williams in Formula One

CART/Formula One: Zanardi Signs with Williams in Formula One ... Continue reading

Chrysler Files Registration Statement

Chrysler Corporation announced that it filed a registration statement today with the Securities and Exchange Commission relating to a proposed issuance of 30 million shares of Chrysler common stock. ... Continue reading

Chrysler Reports U.S. and Canadian Assembly Plants Schedule

Chrysler Corporation reports all nine U.S. assembly plants and all three Canadian assembly plants will operate the week of September 28, 1998. ... Continue reading

DCR Upgrades Ford Motor Co. and Ford Motor Credit Ratings

Duff & Phelps Credit Rating Co. has raised the debt ratings of Ford Motor Company and its automotive financing subsidiary, Ford Motor Credit Company. ... Continue reading

'Do The Buckle' Campaign Makes Seat Belt Safety 'Cool'

Why don't more Americans buckle up? Chrysler Corporation is addressing this problem in Bloomington 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

F2000: Children's Hospital Grand Prix of Colorado Fact Sheet

F2000: Children's Hospital Grand Prix of Colorado Fact Sheet ... Continue reading

Formula One: Driver Standings Through September 23

Formula One: Driver Standings Through September 23 ... Continue reading

Formula One: Stewart-Ford Notes and Quotes, Luxembourg Preview

Formula One: Stewart-Ford Notes and Quotes, Luxembourg Preview ... Continue reading

Fourth Shift Recognizes Companies Who Have Achieved Excellence

Hurricane Georges did not stop Fourth Shift Corporation from inducting five new members to its Circle of Excellence at the Fourth Shift Fall User Conference held at the Marriott Harbor Beach Hotel in Fort Lauderdale, Fla. ... Continue reading

Grease Monkey Holding Corporation Announces Resignation

Grease Monkey Holding Corporation announced that Gary L. Wofford, Senior Vice President of Operations and Development, has resigned his position with the Company to pursue other opportunities. ... Continue reading

Honda S2000 Roadster Set to Take Green Flag

The Honda S2000 prototype, a two-seat roadster balancing high performance with the latest safety and low emission technologies, was unveiled today in Japan at ceremonies marking the company's 50th anniversary. ... Continue reading

HSB Group, Inc. Elects Board of Directors Chairman

HSB Group, Inc. announced that Gordon W. Kreh, president and chief executive officer of the company was elected chairman of the board of directors. ... Continue reading

IRL: Driver Standings Through September 23

IRL: Driver Standings Through September 23 ... Continue reading

IRL: Leffler Proves to be Quick Student During IRL Apprenticeship

IRL: Leffler Proves to be Quick Student During IRL Apprenticeship ... Continue reading

IRL: Pennzoil Panther Racing Looks to Vegas after Difficult Lone Star 500

IRL: Pennzoil Panther Racing Looks to Vegas after Difficult Lone Star 500 ... Continue reading

Jaguar Teams with Delphi to Introduce Adaptive Cruise Control

Jaguar Cars Limited announced that it is working with Delphi Automotive Systems to develop Adaptive Cruise Control. ... Continue reading

Johnson Controls Donates $100,000 to Cornerstone Schools of Detroit

Cornerstone Schools Association of Detroit will receive $100,000 from automotive supplier Johnson Controls, Inc. over the next five years to assist in the education of Detroit's youth. ... Continue reading

Kaynar and Microdot Enter into Strategic Alliance with Blanc Aero

Kaynar Technologies Inc. announced a strategic agreement between the Kaynar and Microdot divisions of KTI with Blanc Aero, a division of GFI Industries for representation in France. ... Continue reading

Korean Business Ass. Emphasize Need to Upgrade Business Practices

Recognizing the need to take measures to enhance their intl. competitiveness, they will host the second in a series of three seminars to familiarize Korean execs with global best practices in business and ethical standards as they expand their operations in the US and other foreign markets. ... Continue reading

MascoTech Announces Executive Promotions

MascoTech announced that Lee M. Gardner has been promoted to President and Chief Operating Officer from President and Co- Chief Operating Officer and Tim Wadhams has been promoted to Executive Vice President, Finance and Administration. ... Continue reading

Mercury Marks 60 Years of Style and Innovation

In the fall of 1938 the world welcomed a new automobile company. Introduced as 1939 models, the all-new Mercury cars offered high style and high-performance. ... Continue reading

NASCAR BGN: Driver Standings Through September 23

NASCAR BGN: Driver Standings Through September 23 ... Continue reading

NASCAR-CTS: Randy Renfrow to Drive IWX Chevy

NASCAR-CTS: Randy Renfrow to Drive IWX Chevy ... Continue reading

NASCAR: Three Virginians Honored By NAPA for Martinsville Speedway Race Weekend

NASCAR: Three Virginians Honored By NAPA for Martinsville Speedway Race Weekend ... Continue reading

NASCAR Trucks: Driver Standings Through September 23

NASCAR Trucks: Driver Standings Through September 23 ... Continue reading

NASCAR WCUP: Driver Standings Through September 23

NASCAR WCUP: Driver Standings Through September 23 ... Continue reading

NASCAR-WCUP: Geoff Bodine Finds Comparison Between Baseball and Racing

NASCAR-WCUP: Geoff Bodine Finds Comparison Between Baseball and Racing ... Continue reading

NASCAR-WCUP: L J Racing will Only Change the Car for Martinsville Speedway

NASCAR-WCUP: L J Racing will Only Change the Car for Martinsville Speedway ... Continue reading

NASCAR-WCUP: Park Ready To Join Forces With Earnhardt Jr. (RealAudio)

NASCAR-WCUP: Park Ready To Join Forces With Earnhardt Jr. (RealAudio) ... Continue reading

NHRA: Driver Standings Through September 23

NHRA: Driver Standings Through September 23 ... Continue reading

Odetics Inc. Selected as Daimler-Benz Supplier

Odetics Inc. has been selected by Daimler-Benz to supply Lane Tracker(tm), an active lane recognition warning system, for sale as an option on Mercedes' 1999 Actros Trucks beginning in spring 1999. ... Continue reading

Open Road Radio

Open Road Radio ... Continue reading

Panoz Motor Sports Examines GT-2 Participation

Panoz Motor Sports Examines GT-2 Participation ... Continue reading

Republic Industries Launches Far-Reaching Customer Initiatives

Republic Industries, Inc. announced that it has launched an innovative customer satisfaction and retention initiative at all of its Denver-area franchised vehicle dealerships. ... Continue reading

SDRC's Announces its Metaphase European Symposium

SDRC, the worldwide PDM market leader, announced its 1998 Metaphase(R) European Symposium, taking place in London, September 24-25, 1998. ... Continue reading

Secretary of State Orders Mills Disposal

Tomkins PLC notes the decision of the Secretary of State for Trade and Industry, following the report of the Monopolies and Mergers Commission, ordering the Company to dispose of 4 of the 6 Spillers flour mills recently acquired from Kerry Group Plc. ... Continue reading

Selas Restructures Heat Technology Segment

Selas Corporation of America announced that it is restructuring its heat technology business into two product groups with all areas reporting to Robert W. Ross, Vice President and Chief Financial Officer. ... Continue reading

Sequa Elects Harmon Corporate Secretary

Ellen Taubenblatt Harmon, senior associate general counsel of Sequa Corporation, has been elected to the additional post of corporate secretary. ... Continue reading

Sequa Names O'Sullivan to Senior Financial Reporting Post

Joanne M. O'Sullivan has been named director of financial reporting for Sequa Corporation, a Fortune 1000 company with operations headquarters in Hackensack, New Jersey. ... Continue reading

Shared Technologies Cellular Announces Agreement

Shared Technologies Cellular, Inc. announced that it has extended through the end of 1999 the Company's role as the nationwide service provider for SmarTalk's prepaid cellular phone program. ... Continue reading

Smart Choice Announces Decision To Postpone Stock Offering

Smart Choice Automotive Group, Inc., a leading retailer of "dealer-financed" used cars in the Southeastern United States, announced that it is delaying its planned follow-on common stock offering. ... Continue reading

The Kyoto Protocol: Too Many Gaps

Last December, many nations negotiated the Kyoto Protocol, which calls for 38 industrialized countries to reduce their emissions of greenhouse gases. ... Continue reading

Tower Automotive, Inc. Announces Q3 to Exceed Expectations

Tower Automotive, Inc. said that it expects to exceed third quarter 1998 earnings expectations despite the effects of the work stoppages at General Motors. ... Continue reading

Uniprime Inc. Retains KCSA Worldwide for Investor Relations

Uniprime Capital Acceptance, Inc. announced that it has retained KCSA Worldwide Public Relations, a New York-based investor relations firm, to support the Company in the area of investor and financial public relations. ... Continue reading

U.S.Auto Parts Trade Balance, by World Region

The Autoparts Report on the U.S.Auto Parts Trade Balance, by World Region Compiled from U.S. Department of Commerce data ... Continue reading

U.S. Auto Parts Trade Deficit Widens By 66 Percent In First Half Of 1998

The Autoparts Report relates that the U.S. auto parts trade deficit jumped 66 percent in the first half of 1998, climbing to $2.5 billion and reversing a two-year trend of declining deficits. ... Continue reading