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November 1998

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Monday, November 9, 1998

162 Lucky Winners to Receive All-New 1999 Oldsmobile Aleros

162 Lucky Winners to Receive All-New 1999 Oldsmobile Aleros

This fall, 162 TV-lovers from across the country found one more reason to tune in to ABC's Tuesday night lineup. They're the grand prize winners of the ABC Sweepstakes, where lucky viewers were offered a chance to win the all-new 1999 OldsmobileAlero. ... Continue reading

AAA's Snow Report Hotline Opens

AAA's Snow Report Hotline Opens

The hotline features skiing, snowboarding and weather conditions at resorts in northern and central California, Nevada and Utah, and is available 24 hours a day by calling 415/864-6440. ... Continue reading

Chrysler Completes Pension Contribution

Chrysler Completes Pension Contribution

Chrysler Corporation announced that it has completed the contribution of 23.5 million shares of common stock to Chrysler's pension plans. ... Continue reading

Citation Corporation Makes Announcement

Citation Corporation Makes Announcement

Citation Corporation announced that T. Morris Hackney, Chairman of the Board of Citation, has granted to Drummond Company, Inc. of Birmingham a 120-day option to purchase four million shares of common stock of Citation currently owned by Mr. Hackney. ... Continue reading

Discount Auto Parts to Commemorate Milestone With Celebration

Discount Auto Parts to Commemorate Milestone With Celebration

Rapidly growing Discount Auto Parts will mark the achievement of yet another company milestone with a chain-wide 500th store grand opening celebration from Friday, Nov. 13 through Sunday, Nov. 15. ... Continue reading

Drag Racing Tonight

Drag Racing Tonight

Drag Racing Tonight ... Continue reading

Ernst & Young Announces 1999 Automotive News PACE Awards Finalists

Ernst & Young Announces 1999 Automotive News PACE Awards Finalists

The annual PACE Awards program recognizes standout automotive suppliers who have excelled in adapting and reinventing their companies or their products to meet the growing service and quality demands of their customers. ... Continue reading

Filter Aftermarket Manufacturers Forced to Change Strategies

Filter Aftermarket Manufacturers Forced to Change Strategies

The U.S. automotive filter aftermarket is quite large, and price competition is fierce. Such intense competition is leading some suppliers to focus on growth through differentiation, from technological improvements to advances in distribution. ... Continue reading

Global Motorsport Group Enters Into Definitive Merger Agreement

Global Motorsport Group Enters Into Definitive Merger Agreement

Global Motorsport Group, Inc. announced that it has entered into a definitive merger agreement whereby Global will be acquired by an entity controlled by Stonington Partners for $19.50 in cash per share. ... Continue reading

Hoskins Named to Superior Industries International's New Program

Hoskins Named to Superior Industries International's New Program

Superior Industries International, Inc. announced that Craig Hoskins has been named General Manager and Director of Engineering and Manufacturing of the Company's new Cast/Forge Program based in Fayetteville, Arkansas. ... Continue reading

HSB'S Mercier to Join Insurance Operations

HSB'S Mercier to Join Insurance Operations

The Hartford Steam Boiler Inspection and Insurance Company has appointed Normand Mercier, former head of the company's Canadian operations, as senior vice president responsible for U.S. commercial insurance operations, the company announced. ... Continue reading

Local Resident Wins New Toyota in Special Olympics Raffle

Local Resident Wins New Toyota in Special Olympics Raffle

Jennifer Fisher, a graduate student and employee of West Virginia University, is the proud owner of a new 1998 Toyota Corolla, thanks to her good luck, West Virginia Special Olympics and Toyota. ... Continue reading

LucasVarity plc Change of Domicile: Results of Shareholder Meetings

LucasVarity plc Change of Domicile: Results of Shareholder Meetings

LucasVarity plc announced that at a Meeting of the Company, the resolutions to approve the proposed Scheme of Arrangement to change the domicile of the LucasVarity Group to the US were not passed by the requisite majorities of the Company'sshareholders. ... Continue reading

MSX International Announces Third Quarter Results

MSX International Announces Third Quarter Results

MSX International sales for the third quarter 1998 increased 90% to $273 million from $144 million in 1997. Operating income for the third quarter of 1998 was $5.8 million compared with operating income of $1.6 million in 1997. ... Continue reading

NASCAR-BGN: Atlanta Race Report - Xpress Motorsports

NASCAR-BGN: Atlanta Race Report - Xpress Motorsports

NASCAR-BGN: Atlanta Race Report - Xpress Motorsports ... Continue reading

NASCAR-GDS: Homestead Race Preview

NASCAR-GDS: Homestead Race Preview

NASCAR-GDS: Homestead Pre-Race Release ... Continue reading

NASCAR-GDS: Wise and Invinca-Shield Join Forces

NASCAR-GDS: Wise and Invinca-Shield Join Forces

NASCAR-GDS, BUSINESS: Wise and Invinca-Shield Join Forces ... Continue reading

NASCAR WCUP: Ford Drivers Speak Out During Rain Delay

NASCAR WCUP: Ford Drivers Speak Out During Rain Delay

NASCAR WCUP: Ford Drivers Speak Out During Rain Delay ... Continue reading

NASCAR WCUP: NAPA 500 Race Results

NASCAR WCUP: NAPA 500 Race Results

NASCAR WCUP: NAPA 500 Race Results ... Continue reading

NASCAR WCUP: T. Wayne Robertson NASCAR Winston Cup Preview

NASCAR WCUP: T. Wayne Robertson NASCAR Winston Cup Preview

NASCAR WCUP: T. Wayne Robertson NASCAR Winston Cup Preview ... Continue reading

New Collaborative Launches Clean Air Construction Program

New Collaborative Launches Clean Air Construction Program

Massachusetts' officials will announce a first-in-the-nation, model program to reduce air emissions generated by diesel construction equipment of the Central Artery/Tunnel Project, the largest federal construction project in the country. ... Continue reading

OKI(R) Paves New Ground

OKI(R) Paves New Ground

Okidata(R) announced a unique educational initiative that will be partially funded by the company's new trade-in program, which is available exclusively to the automotive aftermarket. ... Continue reading

Park-Ohio Announces Transaction to Acquire Metalloy Corporation

Park-Ohio Announces Transaction to Acquire Metalloy Corporation

Park-Ohio Holdings Corp. announced it has signed a letter of intent to acquire Metalloy Corporation, an aluminum automotive component manufacturer. ... Continue reading

RALLY: Kankkunen Fights to Fords 11th Points-Scoring Finish

RALLY: Kankkunen Fights to Fords 11th Points-Scoring Finish

RALLY: Kankkunen Fights to Fords 11th Points-Scoring Finish ... Continue reading

Riviera Tool Co. Announces New Orders and Status Of Plant Expansion

Riviera Tool Co. Announces New Orders and Status Of Plant Expansion

Grand Rapids, Michigan-based Riviera Tool Company announces that they have realized a strong increase in new orders during the time period between June 1 and October 31, 1998. ... Continue reading

Spartan Motors Announces Carpenter Industries Resumes Operations

Spartan Motors Announces Carpenter Industries Resumes Operations

Spartan Motors, Inc. announced Carpenter Industries, Inc., a leading manufacturer of school-bus bodies, will resume operations. ... Continue reading

Stock Purchase Agreement Expires Between Dega and Spectre

Stock Purchase Agreement Expires Between Dega and Spectre

Dega Technology, Inc. reported that the Stock Purchase Agreement for Spectre Industries Inc. to purchase 51% of DTI, a subsidiary of Dega Technology, Inc., for $5M has expired since Spectre was unable to make payments by the established deadlines ... Continue reading

Students Explore Future at 'Kids and Cars For Clean Air' Expo

Students Explore Future at 'Kids and Cars For Clean Air' Expo

A highlight of the "Kids and Cars for Clean Air" Expo, held at the Petersen Automotive Museum in LA, involved competitions in which students used model electric cars from the curriculum program in contests for speed and hill-climbing ability. ... Continue reading

The Callahan Report: Gordon Ends NASCAR's First 50 Years in Style

The Callahan Report: Gordon Ends NASCAR's First 50 Years in Style

The Callahan Report: Gordon Ends NASCAR's First 50 Years in Style ... Continue reading

Trailer Bridge Reports Third Quarter Results

Trailer Bridge Reports Third Quarter Results

Trailer Bridge, Inc., reported total revenue of $18,851,977 for the three months ended September 30, 1998, an increase of $2,175,877 or 13.0% compared to the third quarter of 1997. ... Continue reading

Two Aftermarket Areas Forced to Improve Customer Relations

Two Aftermarket Areas Forced to Improve Customer Relations

According to strategic research conducted by Frost & Sullivan (http://www.frost.com), U.S. Transmission and Clutch Parts Aftermarket, total revenues reached almost $1.6 billion in 1997. ... Continue reading

UAW: Contract Offers Protection for Mitsubishi Workers

UAW: Contract Offers Protection for Mitsubishi Workers

UAW contract provisions with Mitsubishi Motor Manufacturing of America forestall any great impact upon the 3,200 members of UAW Local 2488 at the Normal, Illinois facility. ... Continue reading

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