Aeroquip-Vickers, Inc. Announces New Share Purchase Rights Plan
Aeroquip-Vickers, Inc. announced that its Board of Directors has adopted a new share purchase rights plan that provides for rights to be issued to shareholders of record on February 7, 1999. ... Continue reading
American Suzuki Motor Corp. Strengthens Its U.S. Commitment
American Suzuki Motor Corp. announced the appointment of Rick Suzuki to the position of president of ASMC. ... Continue reading
AUTO QUESTIONS AND ANSWERS FOR WEEK 03
AUTO QUESTIONS AND ANSWERS FOR WEEK 03 ... Continue reading
AutoZone's 1st Quarter Sales Up 33%; EPS Up 10%
AutoZone, Inc. reported net income for the 12 weeks ended November 21, 1998, of $51.3 million, an increase of 8% from $47.5 million for the fiscal first quarter of 1998. Diluted earnings per share increased 10% to 34 cents from 31 cents. ... Continue reading
Avis Europe plc Acquisition of 3 Arrows Ltd
Avis Europe plc, announced the acquisition of the entire issued share capital of 3 Arrows Ltd, one of the UK's leading companies in the credit hire and non-fault claims management business. ... Continue reading
BARBERDODGE: Michael Valiante Captures 1998 Rio Big Scholarship Shootout
BARBERDODGE: Michael Valiante Captures 1998 Rio Big Scholarship Shootout ... Continue reading
BARBERDODGE: Rio Big Scholarship Shootout Visits Human Performance International
BARBERDODGE: Rio Big Scholarship Shootout Visits Human Performance International ... Continue reading
BWA Completes Purchase of Turbocharger Business
Borg-Warner Automotive, Inc. announced that it has completed the purchase of the turbocharger systems division of AG Kuhnle, Kopp & Kausch. ... Continue reading
CAM Designs Announces Shares Moved to Electronic Bulletin Board
John R. Davidson, president and CEO of CAM Designs Inc. announced that the trading in its shares and warrants had been moved from NASDAQ to the Electronic Bulletin Board. ... Continue reading
CART: Last Minute Change of Plans at Homestead Test for Walker Racing
CART: Last Minute Change of Plans at Homestead Test for Walker Racing ... Continue reading
CCC and Hewlett-Packard Announce Plans
CCC Information Services Inc. announced that it will work with Hewlett-Packard to create and deliver mobile technology solutions for both auto insurance and repair facility professionals. ... Continue reading
Corporate Profile for Superior Industries International Inc.
Superior Industries, Van Nuys, Calif., supplier of aluminum wheels to the automotive original equipment market. Customers include Ford, General Motors, Chrysler de Mexico, BMW, Volkswagen, Audi, Jaguar, Toyota, Mazda, Nissan and Isuzu. ... Continue reading
Daewoo Motor America Making the Grade on College Campuses
Sixteen U.S. college newspaper editors and reporters -- representing universities including Yale, DePaul and UCLA -- are in South Korea this week at the invitation of Daewoo Group. ... Continue reading
DaimlerChrysler Reports Assembly Schedule For Week of Dec 14, 1998
DaimlerChrysler Corporation reports all nine U.S. assembly plants and two of its three Canadian assembly plants will operate the week of December 14, 1998. ... Continue reading
Delco Remy International Subsidiary and Navistar Form Joint Venture
Power Investments, Inc., a subsidiary of Delco Remy International, Inc. and Navistar International Corp announced the formation of a joint venture to provide remanufactured engines and component parts for service replacement. ... Continue reading
Easyriders Bike Show Returns to the L.A. Fairplex in Pomona
Now in its 11th year, the Easyriders Bike Show Tour sets up at the Los Angeles Fairplex in Pomona on January 9th. The fourth stop in an 8-city tour, this show offers over 1 million dollars in cash and prizes. ... Continue reading
Ernst & Young Adds WWJ-Radio as a Sponsor
Ernst & Young LLP announced that WWJ News Radio 950 has become the exclusive broadcast sponsor of the Automotive News PACE(TM) Awards. ... Continue reading
Federal-Mogul Announces Agreement to Acquire Camshaft Operations
Federal-Mogul Corporation, announced that it has entered into an agreement with the Crane Technologies Group, Inc., to acquire certain of its camshaft machining operations. ... Continue reading
First Engine Celebration Held at New West Virginia Toyota Plant
Less than three years after announcing the building of a new Toyota engine plant in Buffalo, WV, a ceremony was held commemorating production of the first four-cylinder engine built at Toyota Motor Manufacturing, West Virginia, Inc. ... Continue reading
Freedom Motors Rotary Engine Emissions Very Low In Tests
Freedom Motors presented testimony on its rotary engine emission levels to the California Air Resources Board at the Board's hearing held today in Sacramento. ... Continue reading
From NASCAR to Busch to Trucks...Off-road and On-road Chevrolet Dominated '98 Race Series
From NASCAR to Busch to Trucks...Off-road and On-road Chevrolet Dominated '98 Race Series ... Continue reading
Global Motorsport Group Announces Denial of Motion
Pursuant to the merger agreement, GMG Acquisition Corp., an entity controlled by Stonington, commenced a tender offer on November 16, 1998 for all of the outstanding shares of common stock of Global for $19.50 in cash net per share. ... Continue reading
Insilco Holding Co. Announces Extension of Exchange Offer
Insilco Holding Co. announced that it has extended the exchange period for its 14% Senior Discount Notes due 2008. ... Continue reading
IntelliChoice Announces December Gold Star Lease Winners
Some auto manufacturers are taking a winter holiday from lease incentives, but there are still some great deals for consumers on IntelliChoice's December list of Gold Star lease values. ... Continue reading
IRL: Pennzoil Panther Racing Rookie Test Featured on TV
IRL: Pennzoil Panther Racing Rookie Test Featured on TV ... Continue reading
IRL: Several Drivers will Participate in Orlando Open Test
IRL: Several Drivers will Participate in Orlando Open Test ... Continue reading
Magna announces first quarter results
Magna International Inc. reported sales, profits and earnings per share for the first quarter ended October 31, 1998. ... Continue reading
Mcloughlin to Guest on Digital TV Show
Mcloughlin to Guest on Digital TV Show ... Continue reading
Mitzel Returns as AIAG Executive Director
The Automotive Industry Action Group board of directors announced that Raymond J. Mitzel, loaned executive to the AIAG from DaimlerChrysler, will succeed Richard T. Simmons as executive director of the organization effective Jan. 1, 1999. ... Continue reading
New DOT Consumer Guide Makes Shopping for Safety Features Easier
The Department of Transportation and AAA announced the release of a new consumer guide that makes it easier to find the vehicle you are looking for. ... Continue reading
New Show on IMS Radio Network to Feature Open-Wheel Stars
New Show on IMS Radio Network to Feature Open-Wheel Stars ... Continue reading
NHTSA Releases Crash Test Results For Four 1999 Vehicles
The National Highway Traffic Safety Administration (NHTSA) released frontal and side crash test results for four model year 1999 vehicles. NHTSA expects to crash a total of 63 new cars and trucks this year. ... Continue reading
PACCAR Declares Extra Cash Dividend
PACCAR Inc's board of directors today declared an extra cash dividend in the amount of one dollar and sixty cents ($1.60) and increased its regular quarterly dividend 33 percent from fifteen cents to twenty cents ($.20) per share. ... Continue reading
Prestolite Electric Acquires Rights To 3 Heavy Duty Alternator Designs
Prestolite Electric Inc. announced that it has acquired rights to three heavy duty alternator designs from Dixie Electric of Toronto, Canada. ... Continue reading
Progressive Donates $50,000 to Minnesota's Safe & Sober Campaign
Progressive, one of the state's largest auto insurers,announced that it is donating $50,000 to the Minnesota Department of Public Safety's "Safe & Sober" campaign to encourage safe driving on Minnesota's roads and highways. ... Continue reading
Rexhall Industries Kicks Off Association with a Famed NASCAR Driver
Rexhall Industries Inc. embarks on a new marketing campaign. The company has teamed up with Wally Dallenbach, a famous Nascar driver, and teammate to Jeff Gordon and Terry Labonte, all drivers for Hendrick MotorSports and Rick Hendrick. ... Continue reading
SDRC's Imageware Surfacer Wins European Award
SDRC announced Imageware(TM) was awarded the top prize for Imageware Surfacer(TM) at the EuroMold '98 International Trade Show, held December 2-5 in Frankfurt, Germany. ... Continue reading
Sequa Declares Regular Quarterly Dividend on Preferred Shares
Sequa Corporation has declared a regular quarterly dividend of $1.25 per share on its $5.00 cumulative convertible preferred stock. The quarterly dividend is payable February 1, 1999 to stockholders of record January 12, 1999. ... Continue reading
SmarTire Systems To Be Listed On Nasdaq
SmarTire Systems Inc. announced that as of the opening of trading on Wednesday, December 16, 1998, SmarTire Systems expects its common shares to be listed for trading on The Nasdaq SmallCap Market. ... Continue reading
Standard Products Receives Supplier Role Model Award
The Standard Products Company received recognition during the DaimlerChrysler 1998 Key Supplier Award event Tuesday, December 1, as winner of the Role Model Award for Continuous Improvement. ... Continue reading
SVT Mustang Cobra IRS: The Inside Story
The 1999 Ford SVT Mustang Cobra has a new independent rear suspension, but unless you get comfortably underneath the car on a lift and get close, it's difficult to appreciate the technical elegance that went into this SLA design. ... Continue reading
Tilden Associates, Inc. Reports Profitable 9 Months
Tilden Associates, Inc., operating under the trade name of "Tilden for Brakes Car Care Centers," a complete automotive service and repair company based on Long Island, reported its first profits. ... Continue reading
Toyota Breaks Sales Record for Third Consecutive Year
Toyota Motor Sales, U.S.A., Inc. announced it has broken its U.S. calendar-year sales record for the third-consecutive year, nearly a month before the year-end close. ... Continue reading
Toyota Celebrates With Indiana And West Virginia
It is a week of celebration for Toyota as its two newest North American plants mark the beginning of production in Indiana and West Virginia. ... Continue reading
U.S. Share of Global Aftermarket is Larger Than Expected
The U.S. share of the global automotive aftermarket product usage is larger than would be expected if the only factor were number of vehicles, reports the Motor & Equipment Manufacturers Association. ... Continue reading
Ward's Reports Estimated Production
Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 380,057 units, up from the 372,663 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading
Women Account for Nearly 1/4 of First-Time New-Motorcycle Owners
Women account for nearly one-quarter of first-time, new- motorcycle owners, according to the inaugural J.D. Power and Associates Motorcycle Competitive Information Study (MCIS)(SM). ... Continue reading
WoO: Cormack Hires Herrera to Drive #1BK Sprinter
WoO: Cormack Hires Herrera to Drive #1BK Sprinter ... Continue reading
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