Friday, November 6, 1998

$10M Contract to Create New Jobs at Freudenberg-NOK Indiana Plant

At a contract-signing ceremony, Freudenberg-NOK announced a new $10-million contract with Bosch Braking Systems of South Bend, Ind., that will add employment and investment at the Freudenberg-NOK Scottsburg facility over the next several years. ... Continue reading

$30 Million Merger: Company Ends Indian Motorcycle Trademark Dispute

In a $30 million merger, American Indian Motorcycle Company, Indian Motorcycle Company Inc., California Motorcycle Company and six related companies are merging to become the second largest producer of heavy cruiser motorcycles in North America. ... Continue reading

AAA Says Driver Education is Critically Inadequate

Many private and public driver education instructors are not getting adequate or standardized training, according to a recent AAA survey. ... Continue reading

Acura Debuts Alex Zanardi Edition NSX

Acura unveiled its most exclusive, best handling and quickest model ever at the 1998 Miami International Auto Show. ... Continue reading

Air Board Continues CA's Leadership in Auto Emission Standards

California will continue to have the world's cleanest cars into the next century as the state Air Resources Board approved a far-ranging package of new automobile emission standards. ... Continue reading

ARCA: Winn Dixie 250K Starting Lineup

ARCA: Winn Dixie 250K Starting Lineup ... Continue reading

Atlanta-Area Toyota Sales Climb In October

Toyota's three Birmingham-area dealers reported a two-percent climb in October retail car sales over the year-ago month. ... Continue reading

Auto Club Releases New Baja California Guidebook for Traveling

A new, expanded edition of "Baja California The Baja California Complete Travel Guide," is now available from the Automobile Club of Southern California. ... Continue reading

AUTO QUESTIONS AND ANSWERS FOR WEEK 45

AUTO QUESTIONS AND ANSWERS FOR WEEK 45 ... Continue reading

Auto Retailing on the Web Conference Update

Automotive Internet retailing services, research firms, and Web site development consultants have joined the list of speakers in the first ever, comprehensive gathering for this fast- growing market segment. ... Continue reading

Avis Announces a Million Miles Sweepstakes for Travel Agents

What would you do with 1 million Frequent Flyer Miles? Some lucky travel agent who enters a new sweepstakes sponsored by Avis Rent A Car, Inc. is going to have the opportunity to make that exciting decision. ... Continue reading

Ballard Power Systems Reports Third Quarter Results

Ballard Power Systems, Inc. reported financial results for the third quarter and nine months ended September 30, 1998 and reviewed achievements in its fuel cell commercialization programs. ... Continue reading

Birmingham-Area Toyota Sales Climb In October

Toyota's three Birmingham-area dealers reported a two-percent climb in October retail car sales over the year-ago month. ... Continue reading

BUSINESS: Neil Ressler Appointed Chairman of Cosworth Racing

BUSINESS: Neil Ressler Appointed Chairman of Cosworth Racing ... Continue reading

CART: Cristiano Da Matta to Race for Arciero-Wells in 1999

CART: Cristiano Da Matta to Race for Arciero-Wells in 1999 ... Continue reading

CART: Pioneer Joins Arciero-Wells Racing Team

CART: Pioneer Joins Arciero-Wells Racing Team ... Continue reading

Charlotte-Area Toyota Sales Climb In October

Toyota's five Charlotte-area dealers reported a 15-percent climb in October retail car sales over the year-ago month. ... Continue reading

Chrysler Corporation Partners With the Michigan Dept of Education

Chrysler Corporation, The Michigan Department of Education, and the Michigan Business Leaders for Education (MBLEE) have joined forces in a celebration of learning. They have created a first- of-its-kind academic program -- MAKING CONNECTIONS. ... Continue reading

Chrysler Reports Assembly Plants Schedule For Week of Nov 9, 1998

Chrysler Corporation reports eight of its nine U.S. assembly plants and all three Canadian assembly plants will operate the week of November 9, 1998. ... Continue reading

Chrysler Reports International Sales

Chrysler Corporation announced that total international sales outside of North America were down 23 percent for the month of October, with 15,125 units sold compared to 19,556 units sold one year ago. ... Continue reading

Completion of Daimler-Benz Chrysler Merger Slated for November 12

Chrysler Corporation announced that it expects its planned business combination with Daimler-Benz to be completed on Thursday, November 12, 1998. ... Continue reading

Dana Corporation Facility Receives Missouri Team Quality Award

Missouri Gov. Mel Carnahan presented the Missouri Team Quality Award to Dana Corporation's Columbia, Mo., axle facility last night at the Missouri Quality Conference in Jefferson City. ... Continue reading

Dodge Viper Breaks New Ground Again

The Dodge Viper RT/10 Roadster has earned the reputation of a classic, American sports car. Attention grabbing, fast, untamed and uncompromising, the Viper has received numerous awards and titles for its speed and design. ... Continue reading

Edelbrock Corp. Reports Revenues and Earnings for Fiscal 1999 Q1

Edelbrock Corp. reported a strong 10.6 percent gain in revenues and an 18.9 percent improvement in earnings for its fiscal 1999 first quarter ended Sept. 25, 1998. ... Continue reading

Enterprise and Hertz Issue Statement on Settlement

Enterprise Rent-A-Car and The Hertz Corporation have reached an amicable settlement in litigation regarding the use of the phrase "we'll pick you up," the details of which will not be made public. ... Continue reading

Exide Completes Search for Treasurer

Exide Corporation, the world's leading manufacturer of lead- acid batteries, has announced that David H. Kelly has been appointed Vice President-Treasurer. ... Continue reading

Foamex International Agrees To $12.00 Revised Cash Buyout Proposal

Foamex International Inc. announced that it has signed a new definitive merger agreement to merge with a wholly owned subsidiary of Trace International Holdings, Inc., the Company's principal shareholder. ... Continue reading

Ford Division Launches Comprehensive Hispanic Website

Ford Division has a new vehicle for reaching the U.S. Hispanic market, estimated at more than 28 million people. It doesn't have wheels, but it can help you order them -- if you read Spanish. ... Continue reading

From Near Dropout To Auto Glass Giant

Auto Glass Plus is among the most successful companies in the industry, and 29 year old Kris Homer is among the youngest presidents of any industry. ... Continue reading

Goodyear's Website Now Has a Latin Flavor

Goodyear's award-winning website, http://www.goodyear.com, is adding another page -- with a Latin flavor. ... Continue reading

Hardee's Gets On Track With Roush Racing

Henry Ford Museum & Greenfield Village to Benefit From H.R. 3910

Henry Ford Museum & Greenfield Village will have even more reason to celebrate the automobile in American life, as President Bill Clinton signs H.R. 3910, the Automobile National Heritage Area Act. ... Continue reading

HOW-TO: OTHER WINTERIZING STUFF

HOW-TO: OTHER WINTERIZING STUFF ... Continue reading

International Speedway Corp Announces Increase in Capital Spending

International Speedway Corporation, a leading promoter of motorsports activities, announced that its Board of Directors has approved an additional $11 million for capital projects. ... Continue reading

It Takes a (Mercury) Villager to World Premiere a Rugrat

Mercury, Nickelodeon and Paramount Pictures are teaming up for the world premiere of "The Rugrats Movie" at the legendary Mann's Chinese Theater on Sunday, November 8 at 2 p.m. ... Continue reading

Japan's Automakers Move Ahead in America

Entering its third decade of commitment and investment in America, Japan's automakers now maintain 14 manufacturing plants and 35 research and development centers directly employing more than 43,000 people, according to report by JAMA. ... Continue reading

J.T. Granatelli Lubricants, Inc. Develops New Car Dealer Package

J.T. Granatelli Lubricants, Inc. announced that its SuperSeal liquid tire sealant will be offered as a new car dealer package to include permanent tire flatproofing, a lifetime warranty and a 4 oz. bottle of SuperSeal for use in protecting bicycletires. ... Continue reading

Judge Says Republic Industries Won't Have To Pay CarMax $50 Million

A U.S. District Judge overturned a $50M jury award against Republic Industries in the Company's recent trademark dispute with CarMax. The judge also independently confirmed the jury's finding that Republic has the unrestricted use of its brandname. ... Continue reading

Lloyd Adriatico A- Rating Assigned by S&P; Outlook Stable

Standard & Poor's assigned its single-'A'-minus counterparty credit and financial strength ratings to Lloyd Adriatico SpA. (LA), a subsidiary of triple-'A'-rated Allianz AG. ... Continue reading

Mitsubishi Galant ES Premium V (1999)

Mitsubishi Galant ES Premium V (1999) ... Continue reading

MITSUBISHI GALANT ES V6 New Car Review: MITSUBISHI GALANT ES V6 (1999)

MITSUBISHI GALANT ES V6 (1999) ... Continue reading

Mobile-Area Toyota Sales Climb In October

Toyota's three Mobile-area dealers reported a 10-percent climb in October retail car sales over the year-ago month. ... Continue reading

Monaco Finance Initiates Corporate Restructuring to Reduce Costs

Monaco Finance, Inc., a sub-prime automobile lender, announced a restructuring designed to substantially reduce operating costs. ... Continue reading

Monaco Finance Stock Listing Moved to Nasdaq Smallcap Market

Monaco Finance, Inc., a sub-prime automobile lender, announced that its common stock will be traded on the Nasdaq SmallCap market effective today. The Company's common stock previously traded on the Nasdaq National Market System. ... Continue reading

MS Acquisition Corp Reports Third Quarter Results

MS Acquisition Corp, consisting of wholly owned subsidiaries AETNA Industries, Inc. and Sofedit SA, announced financial results for the third quarter and nine months ended September 27, 1998. ... Continue reading

NASCAR BGN: Dick Trickle Grabs Stihl 300 Pole

NASCAR BGN: Dick Trickle Grabs Stihl 300 Pole ... Continue reading

NASCAR-BGN: McLaughlin Atlanta Notes

NASCAR-BGN: McLaughlin Atlanta Notes ... Continue reading

NASCAR-BGN: Todd Bodine/Slim Jim Atlanta

NASCAR-BGN: Todd Bodine/Slim Jim Atlanta ... Continue reading

NASCAR-WCUP/WW: Ralph's Food 4 Less Joins Forces with Butch Gilliland

NASCAR-WCUP/WW: Ralph's Food 4 Less Joins Forces with Butch Gilliland ... Continue reading

NHRA: Rookie Racers Wrap-up Memorable Year

NHRA: Rookie Racers Wrap-up Memorable Year ... Continue reading

NHRA: Team Kalitta Ready to Close NHRA Season With a Win at Winston Finals

NHRA: Team Kalitta Ready to Close NHRA Season With a Win at Winston Finals ... Continue reading

Orlando-Area Toyota Sales Climb in October

Toyota's four Orlando-area dealers reported a 19-percent climb in October retail car sales over the year-ago month. ... Continue reading

Pennsylvania Automobile Theft Prevention Authority Introduces Website

Getting information on how to prevent having your vehicle stolen just got a little easier. Simply hop on the Internet and go to http://www.watchyourcar.org and you're ready for a lesson in vehicle theft prevention. ... Continue reading

PONTIAC MONTANA New Car Review: PONTIAC MONTANA ( 1999) New Car Prices for PONTIAC MONTANA

PONTIAC MONTANA (1999) ... Continue reading

PSCR, USRRC: Corvette Returns to Road Racing with GM Factory Effort

PSCR, USRRC: Corvette Returns to Road Racing with GM Factory Effort ... Continue reading

Quaker State Declares Dividend

The board of directors of Quaker State Corporation has declared a regular quarterly dividend of 10 cents per share, payable on December 15, 1998, to shareholders of record on November 15, 1998. ... Continue reading

Rockwell Automation Completes Acquisition of Anorad Corporation

Automation leader Rockwell Automation, announced it has completed the acquisition of Anorad Corporation of Hauppauge, N.Y., the world leader in linear motor-based precision positioning equipment. ... Continue reading

Sequa to Record $31M Gain on Sale of Specialty Chemicals Unit

In a Form 8-K filed with the Securities and Exchange Commission, Sequa Corp stated that it will record an after-tax gain of approximately $31 million, or $3.02 per share, on the disposition of its US-based specialty chemicals division. ... Continue reading

Southeast Toyota Announces Record October Sales

Buoyed by the popularity of a Kentucky-built trio of Toyota vehicles, Southeast Toyota Distributors, Inc. reported the best- ever October retail sales in its 29-year history. The company's former October record, set in 1997, was surpassed by 6.2%. ... Continue reading

South Florida-Area Toyota Sales Climb In October

Toyota's 14 South Florida-area dealers reported a 19-percent climb in October retail car sales over the year-ago month. ... Continue reading

Standard Motor Products Announces Quarterly Dividend

The Board of Directors of Standard Motor Products, Inc. announced a regular quarterly dividend of eight cents per share on the common stock outstanding. ... Continue reading

Stocks & Bonds 11/06/1998

The Timken Company Declares Quarterly Dividend

The board of directors of The Timken Company declared a quarterly cash dividend of 18 cents per share. The dividend is payable on December 7, 1998, to shareholders of record at the close of business on November 20, 1998. ... Continue reading

Toyota Debuts Theatrically Inspired Exhibit at Auto Show

With an exposed architectural framework and stretched fabrics lending a theatrical air, Toyota's all-new auto show exhibit debuts November 6 at the South Florida International Auto Show. ... Continue reading

Toyota To Feature All-New Tundra Full-Size Pickup Truck at Show

Visitors to the 28th annual South Florida International Auto Show will be treated to a special sneak peek of the all-new Toyota Tundra full-size pickup truck. ... Continue reading

USAC Formula Russell Championship Concludes; Top Three Drivers Go to England

RUSSELL: USAC Formula Russell Championship Concludes; Top Three Drivers Go to England ... Continue reading

Ward's Reports Estimated Production

Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 354,177 units, down from the 373,937 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

Wasserstein Perella Increases Automotive Focus

Wasserstein Perella is increasing its presence and expertise in the automotive industry with the addition of leading analyst Scott F. Merlis, and his associate, Mark E. Sylvester. ... Continue reading

WHEN LINCOLN RULED THE ROAD

WOO: Mark Kinser Takes Fall Classic Preliminary

WOO: Mark Kinser Takes Fall Classic Preliminary ... Continue reading