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November 1998

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Monday, November 23, 1998

1999 Jeep(R) Grand Cherokee Wins Four Wheeler of the Year

1999 Jeep(R) Grand Cherokee Wins Four Wheeler of the Year

The all-new 1999 Jeep(R) Grand Cherokee has won Four Wheeler Magazine's "Four Wheeler of the Year" award, the publication announced. ... Continue reading

ADVISORY/Graphic of Volvo/Super Bowl is available on Business Wire's Web Site

ADVISORY/Graphic of Volvo/Super Bowl is available on Business Wire's Web Site

All bets are on that Volvo Trucks North America Inc. will score big again when it produces its second television commercial for one of the most watched sporting events in the world -- the Super Bowl. ... Continue reading

Allstate Stands Behind Expanded National Crackdown

Allstate Stands Behind Expanded National Crackdown

Allstate announced its official support of a national mobilization this Thanksgiving holiday to protect children by stepping up enforcement of child passenger safety laws. ... Continue reading

AMA Honors Best of the Best at National Champions Banquet in Las Vegas

AMA Honors Best of the Best at National Champions Banquet in Las Vegas

AMA Honors Best of the Best at National Champions Banquet in Las Vegas ... Continue reading

Automakers Urge Parents to Make Sure Kids Are Buckled Up

Automakers Urge Parents to Make Sure Kids Are Buckled Up

The following statement was released by Andrew H. Card, Jr., President & CEO of the American Automobile Manufacturers Association, in support of Operation ABC Mobilization: America Buckles Up Children. ... Continue reading

BF Goodrich and Coltec Industries to Merge in $2.2B Transaction

BF Goodrich and Coltec Industries to Merge in $2.2B Transaction

The BF Goodrich Company and Coltec Industries announced a strategic merger that will bring together two strong, profitable companies to create an even stronger company. ... Continue reading

Buckle Your Kids Up or Be Prepared to Face a Fine, NAII Says

Buckle Your Kids Up or Be Prepared to Face a Fine, NAII Says

"It's a tragic reality that six out of ten children who die in car crashes every year in this country are not wearing a seat belt," Robert Dibblee, Senior Vice President of the National Association of Independent Insurers (NAII), said. ... Continue reading

Budget Group Announces Stock Repurchase Approval

Budget Group Announces Stock Repurchase Approval

Budget Group, Inc. announced that its Board of Directors has authorized the repurchase of up to 1.5 million shares of the Company's common stock. ... Continue reading

Budget Group Lowers Earnings Expectations for Q4 and 1999

Budget Group Lowers Earnings Expectations for Q4 and 1999

Budget Group, Inc. announced that its fourth quarter earnings will fall below expected levels and analysts' consensus estimates. ... Continue reading

Capital Automotive REIT Close On $150 Million 10 Year Secured Notes

Capital Automotive REIT Close On $150 Million 10 Year Secured Notes

Capital Automotive REIT announced that subsidiaries of the Company have closed $150 million of ten-year secured notes through an affiliate of Deutsche Bank North America. ... Continue reading

DaimlerChrysler Stands Behind Expanded National Crackdown

DaimlerChrysler Stands Behind Expanded National Crackdown

DaimlerChrysler Corporation announced its support of a national mobilization this Thanksgiving holiday to protect children by stepping up enforcement of child passenger safety laws. ... Continue reading

Dodge, Plymouth and Chrysler Minivan Incentives Announced

Dodge, Plymouth and Chrysler Minivan Incentives Announced

New additions and enhancements to Dodge, Plymouth and Chrysler minivans -- resulting in cash allowances, reduced interest rate financing or special lease rates, to buyers of 1999 minivans -- begin Saturday, November 21, and run through April 5,1999. ... Continue reading

Drag Bikes: AMA/Prostar Final Qualifying-Gainsville

Drag Bikes: AMA/Prostar Final Qualifying-Gainsville

Drag Bikes: AMA/Prostar Final Qualifying-Gainsville ... Continue reading

Drag Racing Tonight

Drag Racing Tonight

Drag Racing Tonight ... Continue reading

Endorsement for Enforcement: Ford Stands Up for Children's Rights

Endorsement for Enforcement: Ford Stands Up for Children's Rights

Ford Motor Company is fully committed to the national campaign this Thanksgiving holiday to protect children by stepping up enforcement of child passenger safety laws. ... Continue reading

Federal-Mogul Announces Organizational Structure

Federal-Mogul Announces Organizational Structure

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

Federal-Mogul Director Dr. Hugo Michael Sekyra Mourned

Federal-Mogul Director Dr. Hugo Michael Sekyra Mourned

Federal-Mogul Corporation locations around the world are flying their flags at half-mast in honor of Board of Director member Dr. Hugo Michael Sekyra who passed away. ... Continue reading

Genuine Parts Company Announces Election of New Officer

Genuine Parts Company Announces Election of New Officer

Larry Prince, Chairman of the Board and Chief Executive Officer of Genuine Parts Company, announced the Board of Directors' election of Robert E. McKenna to the newly created position of President - U.S. Automotive Parts Group. ... Continue reading

Goodwill Industries of Greater Detroit's Campaign Will Expand Services

Goodwill Industries of Greater Detroit's Campaign Will Expand Services

Goodwill Industries of Greater Detroit announces its $5m Vision 2000 Campaign to fund renovations and expansion of its training facilities that will provide people with disabilities inDetroit the best chance possible for successful long-term employment. ... Continue reading

Hollywood Gets ZAPPED!

Hollywood Gets ZAPPED!

Look for the latest in electric transportation at the Hollywood studios this fall. The new ZAPPY(TM) folding scooter from ZAP Power Systems is becoming the new rage on and off the sets of several television and movie productions. ... Continue reading

IRL: Drivers, Teams, Awarded Nearly $3 Million at Pep Boys IRL Gala

IRL: Drivers, Teams, Awarded Nearly $3 Million at Pep Boys IRL Gala

IRL: Drivers, Teams, Awarded Nearly $3 Million at Pep Boys IRL Gala ... Continue reading

Lincoln Mercury Supports Expanded National Crackdown

Lincoln Mercury Supports Expanded National Crackdown

California-based Lincoln Mercury announced its official support of a national mobilization this Thanksgiving holiday to protect children by stepping up enforcement of child passenger safety laws. ... Continue reading

LucasVarity Sells Its Heavy Vehicle Braking Business to Meritor

LucasVarity Sells Its Heavy Vehicle Braking Business to Meritor

LucasVarity plc announced that it has signed a definitive agreement to sell its Heavy Vehicle Braking Systems Division to Meritor Automotive Inc. of the United States for 235 million pounds sterling ($390 million) in cash. ... Continue reading

Mazda Announces Plans for New Minivan, Sport Utility, and Hybrid

Mazda Announces Plans for New Minivan, Sport Utility, and Hybrid

On the television program "Autoline Detroit," Richard Beattie, the president and CEO of Mazda North America, said the company is getting ready to beef up its presence in the truck segment. ... Continue reading

Monaco Finance One-For Five Reverse Stock Split Effective Today

Monaco Finance One-For Five Reverse Stock Split Effective Today

Monaco Finance, Inc. reported that its stock will reflect a one- for-five reverse split upon the commencement of trading. The Company's Board of Directors' approved the effectiveness of the reverse stock split on November 19, 1998. ... Continue reading

MotorVac Technologies Announces Estimates for 1999

MotorVac Technologies Announces Estimates for 1999

Based on the response to the company's products at the recent Automotive Aftermarket Industry Week Show and indications that there is market interest in the company's new products,MotorVac announced that it believes 1999 will show improved performance. ... Continue reading

NASCAR WCUP: Cale Yarborough Motorsports Goes Out of Business

NASCAR WCUP: Cale Yarborough Motorsports Goes Out of Business

NASCAR WCUP: Cale Yarborough Motorsports Goes Out of Business ... Continue reading

NASCAR WCUP: Thunder Special Coca-Cola 500 Results

NASCAR WCUP: Thunder Special Coca-Cola 500 Results

NASCAR WCUP: Thunder Special Coca-Cola 500 Results ... Continue reading

National Auto Credit Announces Resignation of Acting President

National Auto Credit Announces Resignation of Acting President

National Auto Credit, Inc. announced that, effective immediately, Mr. Edward T. Anderson, Acting President, has resigned for personal reasons. Mr. Tom Cross, Interim Chief Executive Officer will assume the additional responsibilities. ... Continue reading

New Beetle Raffle Will Benefit The Detroit Institute for Children

New Beetle Raffle Will Benefit The Detroit Institute for Children

For the second consecutive year, Volkswagen has donated a New Beetle to be raffled for a very special cause. ... Continue reading

NHTSA Publishes List Of September Recalls

NHTSA Publishes List Of September Recalls

The National Highway Traffic Safety Administration (NHTSA) released a list of auto safety recalls announced in September and urged consumers to have the problems fixed promptly. ... Continue reading

Nissan to Consolidate Remarketing Functions

Nissan to Consolidate Remarketing Functions

Nissan Motor Corporation U.S.A. announced it will consolidate its Remarketing functions into one single organization at Nissan Motor Acceptance Corporation (NMAC), effective January 1, 1999. ... Continue reading

North American Electric Vehicle Infrastructure Conference in Phoenix

North American Electric Vehicle Infrastructure Conference in Phoenix

When the 1998 North American Electric Vehicle Infrastructure Conference and Exposition (NAEVI 98) comes to The Phoenix Civic Plaza in December, everyone will have a chance to take a spin in cool, clean, and quiet vehicles powered by electricity. ... Continue reading

North Carolina Launches 1998 Fall 'Booze It & Lose It' Program

North Carolina Launches 1998 Fall 'Booze It & Lose It' Program

Law enforcement officers begin stepped-up enforcement of driving-while-impaired (DWI) laws with "Booze It & Lose It" sobriety checkpoints and roving patrols across North Carolina. ... Continue reading

Operation ABC Cracks Down on Parents Who Don't Buckle Their Kids

Operation ABC Cracks Down on Parents Who Don't Buckle Their Kids

Traveling on America's highways will be one of the riskiest activities that people will be doing this holiday weekend, according to the National Safety Council. ... Continue reading

Plan Ahead to Avoid Frustrating Travel This Holiday Season

Plan Ahead to Avoid Frustrating Travel This Holiday Season

"When you take a holiday, add the threat of bad weather and throw in 25 to 35m motorists, you get a recipe forfrustration," said managing director of AAA Traffic Safety. "With some advance planning, the season can be much more enjoyable." ... Continue reading

Prolong International Corp. Announces Completion of Acquisition

Prolong International Corp. Announces Completion of Acquisition

Prolong International Corp. announced that the company has closed the purchase of the net assets of EPL Pro-Long Inc. (EPL) for approximately 2.9 million shares of the company's common stock. ... Continue reading

RALLY: Stage Win for Thiry Rounds off Bright Start for Ford

RALLY: Stage Win for Thiry Rounds off Bright Start for Ford

RALLY: Stage Win for Thiry Rounds off Bright Start for Ford ... Continue reading

'Resource Sacramento' TV Program Airs Automotive Breakthrough

'Resource Sacramento' TV Program Airs Automotive Breakthrough

BAT International announced that TV program "Resource Sacramento" will air a discussion and film footage of BAT International's breakthrough SuperBAT TVT products. ... Continue reading

Solectron to Manufacture Blackbird Development for Motorola

Solectron to Manufacture Blackbird Development for Motorola

Motorola announced that internationally based Solectron has agreed to manufacture development boards and development boxes for its recently announced multimedia-processing platform internally codenamed Blackbird. ... Continue reading

Ugly Duckling Corp. Announces Supplemental Exchange Offer

Ugly Duckling Corp. Announces Supplemental Exchange Offer

Ugly Duckling Corp. announced an offer to exchange up to $16,486,582 principal amount of its 12 percent Subordinated Debentures due 2003 for up to 2,536,397 shares of its common stock. ... Continue reading

USAC Midgets: Race Results, Phoenix

USAC Midgets: Race Results, Phoenix

USAC Midgets: Race Results, Phoenix ... Continue reading

Volkswagen Selects DOCUMENTUM

Volkswagen Selects DOCUMENTUM

DOCUMENTUM (R), Inc., the recognized leader in enterprise document and knowledge management solutions for client/server and Web environments, announced that it signed a license agreement with Volkswagen in the third quarter of 1998. ... Continue reading

VSI Holdings Awarded $22 Million Training Contract Extension

VSI Holdings Awarded $22 Million Training Contract Extension

VSI Holdings announced it has been awarded a multi-year $22 million contract extension for organizational change process and development for Ford and Lincoln Mercury Dealers by Ford Motor Co. ... Continue reading

World Omni Auto Lease Trust $1.6B Notes Rated AAA By Fitch IBCA

World Omni Auto Lease Trust $1.6B Notes Rated AAA By Fitch IBCA

World Omni 1998-A Automobile Lease Securitization Trust's automobile lease asset-backed notes are rated `AAA' by Fitch IBCA. ... Continue reading

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