Monday, November 2, 1998

Acura Announces Pricing of New 1999 3.5RL Flagship Luxury Sedan

Acura introduced the new 1999 3.5RL luxury sedan at the New England International Auto Show and announced pricing for the new RL at $41,900 or a $2,100 reduction based on a comparably equipped 1998 model. ... Continue reading

Aetna Industries Inc. Ratings Raised; Off S&PWatch

Standard & Poor's raised its corporate credit rating on Aetna Industries Inc. to single-'B'-plus from single-'B' and raised its senior unsecured rating on $85 million of debt maturities to single-'B' from single-'B'-minus. ... Continue reading

Aftermarket Technology Reports Q3 1998 Financial Results

Aftermarket Technology Corp. announced that for the quarter ended Sept. 30, 1998, revenue increased 41.4% to $125.0 million, from $88.4 million during the same three-month period in 1997. ... Continue reading

Alamo Rent A Car and American Express Team Up

American Express Company and Alamo Rent A Car announced a new campaign to benefit the National Association for African American Heritage Preservation (NAAAHP). ... Continue reading

AlliedSignal Declares Dividend

The Board of Directors of AlliedSignal Inc. declared a regular quarterly dividend of 15 cents per share on the company's outstanding common stock. ... Continue reading

Ameritech and AXENT Team to Provide ANX Network Educational Seminars

AXENT Technologies, Inc. announced the launch of Automotive Network eXchange(R) (ANX(R)) educational seminars in conjunction with Ameritech(R) and Compaq Computer Corporation. ... Continue reading

Appeals Court Rules for Chrysler on Safety Issue

The federal government can't change the rules in the middle of the game -- that's the message a federal appellate court sent the NHTSA overturning a lower court decision ordering the recall of 91,000 1995 Dodge Stratus and Chrysler Cirrusvehicles. ... Continue reading

ARA Racefacts Bulletin: CART and F1 Finales, 1998

AUTO RACING ANALYSIS RACEFACTS BULLETIN, NOVEMBER 1, 1998 CART & FORMULA ONE SEASON FINALES ... Continue reading

Arlington International Racecourse to Host Collector Car Auction

On Saturday, Nov. 7th, Dana Mecum Auctions Inc. will present the third edition of their Fall Premier Auction of investment grade collector cars to be held at Arlington International Racecourse in Arlington Heights, Ill. ... Continue reading

Automakers Say Japan Must Deliver on Auto Trade Agreement

The American Automobile Manufacturers Association (AAMA) issued the following statement regarding the annual automotive trade consultations between the governments of the U.S. and Japan, which concluded in San Francisco, California: ... Continue reading

Automotive Performance Group, Inc. to Acquire Two Companies

Automotive Performance Group, Inc. a full service owner and operator of high performance automotive businesses and brands, announced that it has signed a letter of intent to acquire Willard Associates, Inc., and Advanced Chemistry & Technology. ... Continue reading

CART: Vasser Captures Marlboro 500 Victory

CART: Vasser Captures Marlboro 500 Victory ... Continue reading

Chrysler Corp. & Unit's Ratings Raised; Off S&PWatch

Standard & Poor's raised its ratings on Chrysler Corp. and subsidiary Chrysler Financial Co. L.L.C. (formerly known as Chrysler Financial Corp.). ... Continue reading

DOT Proposes New Safety Standards For Cylinders

In a move to improve public safety, U.S. Transportation Secretary Rodney E. Slater proposed comprehensive revisions to Research and Special Programs Administration's (RSPA) compressed gas cylinder regulations. ... Continue reading

Durakon Industries, Inc. Names New VP Automotive Sales

David W. Wright, President and CEO, Durakon Industries, Inc. announced that Mr. Larry Sepanske has been appointed Vice President Automotive Sales. ... Continue reading

F1: Stewart-Ford Notes and Quotes - 1998 Japanese Grand Prix

F1: Stewart-Ford Notes and Quotes - 1998 Japanese Grand Prix ... Continue reading

Ford Division Donates $1.5 Million for New Mustang Museum

Ford Division announced the donation of1 $1.5 million dollars to the Mustang Museum, Inc. at the Bright Light City Cruise in Las Vegas. The money will be used to help fund a development program to raise money to build the museum. ... Continue reading

Ford Tops United Way National Contributor List

Ford Motor Company and its employees pledged more than $15 million to the 1998 United Way Community Services campaign in Southeastern Michigan, Jim O'Connor announced at the United Way report luncheon. ... Continue reading

Hakkinen Drives to First World Championship

Mika Hakkinen is the new World Champion in Formula One (1998). ... Continue reading

IHRA: Final Top Fuel Point Standings

IHRA: Final Top Fuel Point Standings ... Continue reading

Internet Shopping from General Motors Dealer Equipment

General Motors Dealer Equipment has launched a Web site featuring a "shopping cart" area where dealer service managers or owners can browse quarterly equipment specials and place an order for GM-approved products through the Internet. ... Continue reading

Land Rover North America Announces Prices of 1999 Models

Land Rover North America, Inc. announced prices for the 1999 Range Rover 4.0SE and 4.6HSE models and the all-new Discovery Series II. ... Continue reading

Mercedes-Benz in conflict with DONMAR's SKYROOF® Trademark

In March 1998 Mercedes-Benz of North America (MBNA) introduced their new "Sky Roof" sunroof option for their 1999 M-Class. However, the name SKYROOF® has been a registered trademark of DONMAR Enterprises, Inc. for automotive sunroofs since 1989. ... Continue reading

Mercedes-Benz Infuses C-Class With SLK Power for 1999

Mercedes-Benz is showcasing the 1999 C230 Kompressor at the 1999 New England Auto Show at the Bayside Expo Center, through November 8. ... Continue reading

Midas and Magneti Marelli Close Transaction for Strategic Alliance

Midas, Inc. and Magneti Marelli, S.p.A., a member of the Fiat Group, have completed the previously announced transaction to form a strategic alliance to develop the Midas program in the business of fast auto service repair in Europe and S. America. ... Continue reading

Motorola Powers New BMW MAYDAY Cellular Phone

Motorola announces it has teamed up with BMW North America, Inc. to introduce the BMW Mayday(TM) Cellular Phone. The new telematics system will be available on all BMW models in late 1998. ... Continue reading

NASCAR WCUP: AC Delco 400 Race Results

NASCAR WCUP: AC Delco 400 Race Results ... Continue reading

NASCAR WCUP: Park Ready To Revisit Atlanta Motor Speedway

NASCAR WCUP: Park Ready To Revisit Atlanta Motor Speedway ... Continue reading

NASCAR WCUP: Steve Hmiel Signs 3-Year Deal With DEI

NASCAR WCUP: Steve Hmiel Signs 3-Year Deal With DEI ... Continue reading

New Management Acquires Brakes Express Inc.

Brakes Express, Inc., formerly Althouse, Inc., a Delaware Corporation, announced that it has acquired the inventory and two locations of Brakes Express, a Florida corporation. ... Continue reading

Next Generation of Industry Roll-ups To Be Featured at Conference

Industry roll-ups have been a recent trend on Wall Street. Investors know that combining dozens or even hundreds of businesses in the same industry creates a lucrative financial opportunity and the potential for revolutionizing an industry. ... Continue reading

Oshkosh Truck Awarded $1.9 Million FMTV Second Source Contract

Oshkosh Truck Corporation announced that the U.S. Government has selected the Company as one of two contractors to compete for qualification as a second source for the production of the Family of Medium Tactical Vehicles ("FMTV"). ... Continue reading

Oshkosh Truck Net Income Climbs 50% for Fiscal 1998

Oshkosh Truck Corporation reported that net income increased 59% to $5.0 million, or $.59 per share, for the fourth quarter of fiscal 1998 on sales of $243 million. ... Continue reading

Oxford Automotive, Inc. Hires New Marketing/Communications Director

Oxford Automotive, Inc. has appointed Angela Lovelace to the newly created position of director of marketing and communications. ... Continue reading

Progressive Bayside Insurance Rated `AApi' by S&P

Standard & Poor's assigned its double-`Api' rating (Very Strong) insurer financial strength rating to Progressive Bayside Insurance Co. ... Continue reading

Record Six Months and Q2 Results Announced by Rent-A-Wreck

Rent-A-Wreck of America Inc., reported record net income for its six and three month periods ended Sept. 30, 1998. ... Continue reading

Republic Ind., Inc., Announces Changes to Its Corp Communications Staff

Republic Industries, Inc. announced a series of personnel moves in its Corporate Communications Department that reflect the Company's continued growth as America's leading automotive retailer. ... Continue reading

Software Developer and Auto Parts Supplier Announce Agreement

International Business Systems-United States, wholesale distribution software for the AS/400, and KEM Manufacturing announced that KEM will license the use of IBS' integrated software system to support their U.S. operations. ... Continue reading

Special Guests Announced For Annual Evening For Race Fans

Special Guests Announced For Annual Evening For Race Fans ... Continue reading

State Orders Company to Stop Selling Securities

The Department of Banking and Finance (DBF) has ordered a Tampa company to cease selling unregistered securities. ... Continue reading

Supplement to Budget Group, Inc. Third Quarter Earnings

As a supplement to the Budget Group, Inc. third quarterearnings release dated Oct. 27, 1998, following are consolidated income statements and segment reporting for the first and second quarters of 1998, which align with the tables for third quarter. ... Continue reading

United Road Services, Inc. Q3 Results Exceed Expectations

United Road Services, Inc. announced its financial results for the third quarter and nine months ended September 30, 1998. ... Continue reading

United Way Reports Progress of the 1998 Torch Drive Campaign

United Way Community Services announced that $51,024,964, or 72.9 percent of this year's combined goal of $70 million, has been raised. ... Continue reading

USCS Announces Statement Processing Agreement With Ford Credit

USCS International Inc. announced that its International Billing Services subsidiary has signed a statement processing agreement with Ford Credit, a wholly owned subsidiary of Ford Motor Company. ... Continue reading