AMETEK to Lower Cost Structure
AMETEK, Inc. announced that it is taking a series of actions designed to lower its cost structure. ... Continue reading
Appointments To Key DaimlerChrysler Manufacturing Positions
DaimlerChrysler announced the appointment of Gary L. Henson to the position of Senior Vice President - Manufacturing, effective January 1, 1999. ... Continue reading
ARCA Champion Kimmel Collects Title Cash
ARCA Champion Kimmel Collects Title Cash ... Continue reading
AutoInfo, Inc. Announces Debt Repayment and Restructuring
AutoInfo, Inc. announced that its senior warehouse line of credit has been paid in full and that $8.2 Million of outstanding subordinated debt has been restructured. ... Continue reading
Auto Network USA to Change Name to Auto Network Group, Inc.
Auto Network USA announced a name change to Auto Network Group, Inc. The change will be effective no later than January 5, 1999. The trading symbol "ANWK" and CUSIP number will remain the same. ... Continue reading
AMA Prostar Schedule ... Continue reading
Bonded Motors Cancels Planned Stock Offering
Aaron Landon, Chairman of the Board and Chief Executive Officer of Bonded Motors, Inc. announced the Company canceled a previously planned secondary stock offering. ... Continue reading
Bonded Motors Expects Earnings Shortfall; Weak 4th Quarter Sales
Aaron Landon, Chairman of the Board and Chief Executive Officer of Bonded Motors Inc. announced that the company will fall short of analysts' 4th quarter earnings estimates. ... Continue reading
Brazil's Negri, Jr. Considers Offers for 1999
Brazilian racer Oswaldo Negri, Jr. is considering offers for next season from a variety of sources ... Continue reading
Bruton Smith Adds to his NASCAR Empire
Smith, through his publicly owned Speedway Motorsports, Inc., has added to his vast holdings by outbidding the France-family led International Speedway Corporation (ISC). The deal to purchase Las Vegas Motorspeedway ... Continue reading
Canadian NAO Report Refutes Union Allegations of Dana Corporation
Dana Corp announced that a just-released Canadian National Administrative Office report on free association confirms the company's conclusions that the management of its recently- acquired Mexico plant did not engage in improper conduct. ... Continue reading
Cars N' Stars: Honda Sales, Barnes Marketing, Petersen Auto Museum's Trans-Am Fete
Bill Maloney on Honda's November sales, Barnes-Dyer Motorsports Marketing, Petersen Automotive Museum, Rebates, Recalls, and Suggested Retail Prices ... Continue reading
Continental Teves Receives Role Model Award From DaimlerChrysler
Continental Teves has received its second prestigious Chrysler Role Model Award. The award recognizes Continental Teves for significantly advancing Chrysler's Extended Enterprise program and driving continuous improvement through its supplierpartners. ... Continue reading
CSK Auto Corp Completes Secondary Offering of 7 Million Shares
CSK Auto Corporation, the parent company of CSK Auto, Inc., announced the completion of a secondary public offering of 7,000,000 shares of common stock at a price of $26.375 per share. ... Continue reading
DaimlerChrysler Names New Director of Global Exec Management
DaimlerChrysler announced that beginning January 1, 1999, Andreas Renschler will be responsible for global executive management development for the entire DaimlerChrysler Group. ... Continue reading
DaimlerChrysler New Global Sales and Marketing Organization
Asone of the first results of the integration process of DaimlerChrysler AG, the company announced a new operational structure in its worldwide automotive sales and marketing operations. ... Continue reading
Dega Technology, Inc. and Spectre Industries to Merge
Dega Technology, Inc. and Spectre Industries, Inc. announced that they have signed an agreement to merge the two companies in a stock-for-stock merger. ... Continue reading
DHSMV and Florida Celebrities Encourage Teens to Drive Safely
The Department of Highway Safety and Motor Vehicles (DHSMV) and the Allstate Foundation targets teen drivers with the release of a public service message that it takes experience to make safe decisions behind the wheel of a vehicle. ... Continue reading
Discount Auto Parts, Inc. Reports Fiscal 1999 Second Quarter Results
Discount Auto Parts, Inc. announced results for the Company's second quarter ended December 1, 1998. Total sales for the second quarter of fiscal 1999 increased 14.3% to a record $120.3 million, as compared to $105.2 million a year earlier. ... Continue reading
F2000: Besnard Named First Team All-American By Motorsports Press
F2000: Besnard Named First Team All-American By Motorsports Press ... Continue reading
Federal-Mogul Announces Structure For Powertrain Systems
Michael C. Verwilst, vice president, Powertrain Systems - Americas, Federal-Mogul Corporation, announces the new organizational structure for the Powertrain Systems - Americas Group with the following appointments effective immediately: ... Continue reading
Federal-Mogul Hosts Mentor Day for Big Brothers Big Sisters
Instead of hearing a school bell ring on Dec 15, 1998, 12 Metro Detroit students will experience a typical work day at Federal- Mogul Corporation's World Headquarters during the company's third Mentor Day with Big Brothers Big Sisters of Detroit. ... Continue reading
Free Range Media Announces Launch of Kenworth Web Site
Free Range Media, a full service online business solutions provider, today announces the successful launch of the Kenworth Truck Company Web site at www.kenworth.com. ... Continue reading
Harvard Industries Opens Rubber Mixing Facility In Virginia
Harvard Industries, Inc. unveiled a new rubber mixing facility in its Wytheville, Va., operation in a ceremony attended by Virginia Governor Jim Gilmore. ... Continue reading
High-End Car Audio Lineup Strengthens Best Buy Offerings
Best Buy Co., Inc. announced a new partnership with high-end, car audio manufacturer Rockford Fosgate. Best Buy is the first national retailer to offer Rockford products. ... Continue reading
Intermagnetics to Assume Pennzoil Mobile Refrigerant Customer Base
Intermagnetics General Corp announced that its wholly owned subsidiary InterCool Energy Corporation will, as of 1/1/99, take over the existing FRIGC related mobile a/c refrigerant business currently serviced by the Pennzoil Products Company. ... Continue reading
IPSCO Inc. has announced a cash dividend of $0.3513 (Canadian) per Cumulative Redeemable First Preferred Share, Series 1 payable Feb. 15, 1999 to shareholders of record as of Jan. 29, 1999. ... Continue reading
Mandalay Capital Corp. Negotiatates to Acquire Zero Pollution Device
Mandalay Capital Corp. announced that it has begun negotiations to purchase the exclusive rights for the Zero Pollution Device, an attachment that when fitted to an internal combustion engine reduces the exhaust gas emissions to almost zero. ... Continue reading
Mercedes-Benz Puts its Accessories Collection Online
Mercedes-Benz of North America's (MBNA) new online accessories catalogue may be just the solution for those people who still haven't found that perfect gift. ... Continue reading
Midas Selects EURO RSCG Tatham
Midas, Inc. has selected Chicago-based EURO RSCG Tatham to handle the strategic and creative portions of its advertising for the nearly 1,900 Midas automotive service shops in the United States. ... Continue reading
MOTOR TREND Magazine Names the Volkswagen New Beetle
MOTOR TREND Magazine announced the selection of the Volkswagen New Beetle as the publication's '99 Import Car of the Year. ... Continue reading
MotorVac Cleans Up on ShadeTree Mechanic Television Show
MotorVac Technologies Inc. announced the upcoming ShadeTree Mechanic "MotorVac CarbonClean" episode is scheduled to air Jan. 16, 1999 at 5:30 p.m. ... 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 Midas Network Continues Expansion with Aquisitions
Automotive Service Centers, Inc., announced the acquisition of 3 additional Midas service centers in Southwest Florida. ASCI now owns and operates a total of 61 Midas franchise locations throughout the state of Florida. ... Continue reading
NHTSA's New Guide Improves Older Pedestrian Safety
The National Highway Traffic Safety Administration (NHTSA) released a how-to guide based on a "zone" safety concept that has reduced older pedestrian crashes by up to 46 percent within those zones. ... Continue reading
Orbital's Magellan Subsidiary Forms $50M Joint Venture With Hertz
Orbital Sciences Corporation announced that its Magellan Corporation subsidiary, has reached an agreement with the Hertz Corporation to form an exclusive $50 million joint venture. ... Continue reading
Revolutionary Hayes-L-Nut Wheel Fastening System
The ultimate wheel fastening system for heavy trucks and trailers is now available from Hayes Lemmerz International, Inc., supplier of wheels and brake components to the automotive and ground transportation industries. ... Continue reading
Safelite Glass Corp. Extends Expiration Date for Exchange Offer
As of 12:00 P.M., New York City time, on December 14, 1998, $97,450,000 aggregate principal amount of the $100 million outstanding Senior Subordinated Notes Due 2006 had been tendered for exchange. ... Continue reading
SmarTire Systems Reports First Quarter Results
SmarTire Systems Inc. reported that gross revenues reached CAN$0.7 million for the three months ended October 31, 1998 compared to CAN$0.3 million for the same period in 1997. ... Continue reading
SMC Corporation Announces Share Repurchase
SMC Corporation announced that the Board of Directors has authorized the repurchase from time to time of up to 300,000 shares of common stock. ... Continue reading
Speedway Motorsports Purchases Las Vegas Motor Speedway
Continuing its successful growth strategy, Speedway Motorsports officials formally announced the purchase of Las Vegas Motor Speedway. ... Continue reading
Stonington Partners Acquires 92% of Global Motorsport Shares
Stonington Partners announced that GMG Acquisition Corp., an entity controlled by Stonington, completed its $19.50 per share cash tender offer for all of the outstanding shares of common stock of Global Motorsport Group, Inc. ... Continue reading
SuperBAT Signs Several Sales Rep Contracts
BAT International's subsidiary, SuperBAT Inc. has entered into an agreement with Ronglien Perman Salustri to sell TVT automotive products in the seven state western region. ... Continue reading
Tenneco Packaging and Sentinel Products Announce Joint Venture
Tenneco Packaging and Sentinel Products Corp. have formed a global joint venture to be called Sentinel Polyolefins L.L.C., owned equally by Tenneco Packaging and Sentinel. ... Continue reading
Tom Volk is First Entry for Rolex 24 at Daytona
The 1999 Rolex 24 at Daytona gets underway at 1:00 pm January 30th. The field for this prestigious sportscar classic is already starting to take shape. Some familiar names are on the preliminary entry list. ... Continue reading
Top Source Conducts Live Demonstration at Annual Meeting
Top Source has developed and commercialized its patented MotorCheck(TM) On-Site Analyzer (OSA) and will conduct a live technology demonstration of oil analysis -- a blood test for your car -- at its Annual Meeting. ... Continue reading
Trucks: Barrett Named PARTS Truck Champion
Trucks: Barrett Named PARTS Truck Champion ... Continue reading
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