Wednesday, October 14, 1998

Accord, Civic, CR-V Top 1998 Model Year Sales

The Honda Accord was the best-selling car in America and the Honda Division set an all-time sales record during the 1998 model year, according to final industry sales results. ... Continue reading

Amerigon Selected to Supply Climate Control Seat Components

Amerigon Incorporated announced that Johnson Controls, Inc. has selected Amerigon to supply its proprietary Climate Control Seatsystem to be installed in seat systems for a major North American auto manufacturer, starting in the 2000 model year. ... Continue reading

Arvin Reports Record Sales and Earnings

Arvin Industries, Inc. reported third quarter net earnings from continuing operations increased over 23 percent from a year ago to $16.8 million, or $0.69 per diluted common share on sales of $574 million. ... Continue reading

Briggs & Stratton Corporation Reports Results for Q1 1999

The following was released by Briggs & Stratton Corporation: Net income for the first quarter was $4.4 million or $.19 per share compared to a loss of $2.6 million or $.10 per share for last year's first quarter. ... Continue reading

Campaign Makes Wearing A Safety Belt 'Cool' For Kids

We've heard it for years--"Safety belts save lives!" So, why don't more Americans buckle up? It's a problem Chrysler Corp addresses with a new multi-million dollar campaign aimed at reminding people of all ages it's "cool" to "Do the Buckle." ... Continue reading

Climate-Controlled Seats from Johnson Controls will be Featured

Automotive interior supplier Johnson Controls soon will become the first company to produce seat systems for the original equipment market that feature active temperature controls for heating, cooling and ventilation. ... Continue reading

Cummins Declares Quarterly Common Stock Dividend

The Board of Directors of Cummins Engine Co. Inc. declared a quarterly common stock cash dividend of 27.5 cents per share, payable on Dec. 15, 1998, to shareholders of record on Dec. 1. ... Continue reading

Electro-Matic Products, Inc. Earns ISO 9001

Electro-Matic Products, Inc., recently earned ISO 9001 registration. Electro-Matic's Quality Management System is audited and registered by NSF-ISR Ltd., a leader in systems auditing and registration. ... Continue reading

Environmental Systems Products Holdings Inc. Extends Expiration Date

Environmental Systems Products Holdings Inc. announced that ESPH has extended the Expiration Date of its tender offers for the outstanding 9-1/8% Senior Notes due 2001 and theoutstanding 9-5/8% Senior Subordinated Notes due 2003. ... Continue reading

Etak Signs Ingram Micro as Distributor

Etak Inc., a leading publisher of digital map databases, software technology and traveler information services, announced an agreement with Ingram Micro Inc. to distribute Sony's SkyMap navigation product line. ... Continue reading

Federal-Mogul Announces Organizational Structure

Frank Tomes, executive vice president, General Products, Federal-Mogul Corporation, announces the organizational structure for the newly expanded Friction Products group with the following appointments effective immediately: ... Continue reading

Ford Credit Reports Increased Earnings

Ford Motor Credit Company earned $272 million in the third quarter, Philippe Paillart, Ford Credit chairman and chief executive officer and Financial Services Group president, announced. ... Continue reading

Ford Earns $1 Billion in Q3, Up 10 Percent

Ford Motor Company reported third quarter earnings of $1 billion, or 80 cents per diluted share of common and Class B stock, up 10 percent on a comparable basis -- Ford's tenth consecutive quarter of year-over-year profit improvement. ... Continue reading

Ford Motor Company Selects Intelisys Electronic Commerce

Intelisys Electronic Commerce, LLC, a leading provider of Internet-based procurement solutions, announced that Ford Motor Company will deploy Intelisys' procurement solution. ... Continue reading

For Mercedes-Benz Dealers, Celebration Comes Early

Under the theme, "New Year's Eve," Mercedes-Benz dealers will hold events commencing this week to ring in the arrival of the 1999 Mercedes-Benz new-model line and introduce the full spectrum of Mercedes-Benz products and services. ... Continue reading

Gentex Reports Record Q3 Revenues and Earnings

Gentex Corporation the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and commercial fire protection products, reported record financial results for the third quarter and nine months ended September 30, 1998. ... Continue reading

IPSCO Announces Third Quarter Results

IPSCO Inc. announced that its after-tax profit for the quarter ended 30 September was $26.1 million. For the first nine months net income was $89.7 million on sales of $853.2 million compared with $94.1 million on $727.2 million of sales in 1997. ... Continue reading

IRL: Las Vegas 500K Pennzoil Panther 'Pack' Notes

IRL: Las Vegas 500K Pennzoil Panther 'Pack' Notes ... Continue reading

IRL: Scott Goodyear Ends Fine Season in Indy Racing League

IRL: Scott Goodyear Ends Fine Season in Indy Racing League ... Continue reading

IRL: Team Menard to Stay With the IRL

IRL: Team Menard to Stay With the IRL ... Continue reading

Kuhlman Corporation Announces Record Q3 Results

Kuhlman Corporation announced record results for the three months ended September 30, 1998. The Company reported record net income of $9,769,000 in the third quarter of 1998 compared to $7,673,000 in the third quarter of 1997, an increase of 27%. ... Continue reading

Liteglow Industries Inc. Announces Acquisition of B & B Associates

Spencer Krumholz, president of Liteglow Industries Inc., announced that Liteglow has completed the acquisition of B & B Associates of Van Nuys, Calif., effective as of Sept. 30, 1998. ... Continue reading

Mid America Promotions Presents 'Super Sunday Indy'

This event features over 500 vendors and car sale spaces. It's one of the largest one day all indoor events of this type in Indiana. See hundreds of exhibitors displaying the widest selection of parts and services you could ever imagine. ... Continue reading

Miller Strengthens Executive Team of RoadOne(TM) Subsidiary

Miller Industries Inc. announced that its RoadOne(TM)subsidiary has appointed Gregory L. Dupuis to the post of Vice President of Acquisitions and Evan J. Roberts to the newly created position of Director of Sales and Marketing. ... Continue reading

Motor Trend Magazine Names Lexus RX 300

The innovative Lexus RX 300 was named the inaugural Motor Trend 1999 Sport/Utility of Year at a press conference. Motor Trend President Lee Kelley made the announcement at the California International Auto Show (Anaheim, Calif.). ... Continue reading

NADA Praises Bill Promoting Teen Employment and Safety

The National Automobile Dealer Association applauded Congress for passing the Drive for Teen Employment Act. The legislation preserves youth employment programs while promoting safe driving for teens. ... Continue reading

NASCAR BGN: Hansen Readies for Busch Series Debut at Gateway

NASCAR BGN: Hansen Readies for Busch Series Debut at Gateway ... Continue reading

NASCAR Trucks: Confidence High for Scot Walters

NASCAR Trucks: Confidence High for Scot Walters ... Continue reading

NASCAR Winston Cup Pepsi 400 Preview

The Fourth of July will finally arrive for NASCAR fans this week-end with the running of the 40th Annual Pepsi 400. The race was postponed back in July when wildfires ravaged the surrounding area of Volusia, Brevard and Flagler counties. ... Continue reading

New Program for Standard DC Servo Motors and Drives

Dynetic Systems Company of Elk River, Minnesota announces the release of their new Short Run Manufacturing Program. ... Continue reading

Nissan Announces Pricing On All-New 4-Door 1999 Quest

Nissan Motor Corporation U.S.A. announced pricing for the bigger, more powerful and all-new 1999 model year Nissan Quest, which will be in Nissan dealerships soon. ... Continue reading

Nissan Dealer T.J. Johnson Becomes Owner of Virginia Dealership

Nissan Motor Corporation U.S.A. announced that Bob Crumpler has sold his Denbigh Nissan dealership to T.J. Johnson of Myrtle Beach, SC. ... Continue reading

Oxford Automotive, Inc. Appoints Stormy Hicks

Oxford Automotive, Inc. appoints Stormy T. Hicks to the newly created position of senior vice president corporate development and globalization. Steven Abelman, president and CEO of Oxford made the announcement. ... Continue reading

PPG Develops Fiber Glass Yarn for Circuit Boards

PPG Industries' fiber glass research center has developed the first resin-compatible fiber glass yarn capable of being processed with the latest weaving equipment for use in the production of printed circuit boards, a company official said. ... Continue reading

Precision Auto Care, Inc. Announces Q4 Results

Precision Auto Care, Inc. announced that the Company reported pro forma combined revenues of $48.0 million and pro forma combined net income of $1.8 million, or $0.32 per share, for the year ended June 30, 1998. ... Continue reading

Rankin Automotive Group, Inc. Announces Q2 Earnings

Rankin Automotive Group, Inc. d/b/a USA AUTO STORES reported their net sales for them six-month period ended August 25, 1998 at $20.5 million, versus $20.6 million for the same period last year. ... Continue reading

Republic Industries, Inc. Announces Q3 Earnings

Republic Industries, Inc. announced that on October 29, 1998 it will report a 36% increase in earnings per share of $0.38 for the quarter ended September 30,1998. ... Continue reading

RoadOne Debuts Fuel Savings Program

Miller Industries, Inc. announced that its RoadOne(TM) subsidiary has launched a national fuel program for its network of wholly owned and affiliate towing service companies. This is the first program of its type in the industry. ... Continue reading

Russell Pro: Loven Takes Series Title

Russell Pro: Loven Takes Series Title ... Continue reading

Sesame Street and Ford Present Bilingual Safety Campaign

Ford Motor Company and Children's Television Workshop (CTW) have teamed up to bring "Buckle Up with Sesame Street," their 1998 national multi-city safety tour, to the California International Auto Show. ... Continue reading

Sonic Automotive, Inc. Announces Acquisition

Sonic Automotive, Inc. announced that a has entered into definitive agreements to acquire Ron Craft Chevrolet-Cadillac- Oldsmobile and Ron Craft Chrysler-Plymouth-Jeep. ... Continue reading

S&P Cuts Ratings On Nuernberger Allgemeine Versicherung

Standard & Poor's lowered its counterparty credit and insurer financial strength ratings on Nuernberger Allgemeine Versicherungs - AG (NAV) to single-'A'-plus from double-'A'- minus. ... Continue reading

SPRINT: Civil War Sprint Series Concludes Saturday at Marysville

SPRINT: Civil War Sprint Series Concludes Saturday at Marysville ... Continue reading

The Callahan Report: Gordon & Martin Make NASCAR's 50th Anniversary Memorable

The Callahan Report: Gordon & Martin Make NASCAR's 50th Anniversary Memorable ... Continue reading

Timken Latrobe Steel Earns Major Certifications

Timken Latrobe Steel recently completed the last of three 1998 audits and, as a result, has earned major quality certifications essential to serving customers in its primary markets. ... Continue reading

USAC: Leffler, Harris, Elliott & Tyler Score 'Western' Wins

USAC: Leffler, Harris, Elliott & Tyler Score 'Western' Wins ... Continue reading

Visteon Earnings Increase 32% to Record $150 Million in Q3

Visteon Automotive Systems net income for the third quarter of 1998 was a record $150 million, up 32 percent from $114 million earned in the same quarter last year. ... Continue reading

Volo Antique Auto Museum to Hold Bi-annual Auction and Expo

Volo Antique Auto Museum will offer more than 300 cars in their bi-annual auction and expo held Oct. 24-25, 1998, at the Volo Antique Auto Museum in Volo, Ill., featuring a "No Reserve" special segment on Sunday. ... Continue reading

Winnebago Industries Reaches Record Revenues

Winnebago Industries, Inc. reported record revenues of $525.1 million for the year ended August 29, 1998, a 20 percent increase compared to revenues of $438.1 million for the previous fiscal year. ... Continue reading

ZAP Raises $800,000 in New Capital

Electric vehicle manufacturer ZAP Power Systems announced that it has received $800,000 in private capital from Preferred Capital Equities Corporation, a New York based investment banking firm. ... Continue reading