Wednesday, January 20, 1999

ABB Power Generation Standardizes on SDRC's Software

SDRC, a provider of enterprise product development solutions worldwide, announced that the ABB Power Generation Segment has standardized on SDRC's market-leading Metaphase(R) Enterprise (TM) product data management (PDM) software. ... Continue reading

Auto Network Group, Inc. Opens AutoTradeCenter.com

Auxer Group Announces CARQUEST Market Test Shipments Completed

The Auxer Group, Inc. announced that it's automotive subsidiary, Harvey Westbury has filled the initial orders under a previously announced agreement with CARQUEST(R) Automotive Products, Inc. ... Continue reading

auxilium Announces New Automotive Industry Solution Center

auxilium inc., a leading supplier of packaged, web-based Enterprise Application Integration software, announced it will open an automotive industry solution center, along with the formation of a new business unit, the Automotive Business Group. ... Continue reading

Battery Technologies for Automotive Applications

The global automotive battery industry may be on the cusp of large-scale change opening the door for new competitors. ... Continue reading

Brake Headquarters USA, Inc. Announces Reverse Stock Split

Brake Headquarters USA, Inc. announced that the Board of Directors approved effective January 29, 1999, a one (1) for three (3) reverse split of the Company's common stock. ... Continue reading

Brazilian Racing News: Garcia to Run CART with Davis Racing

Luiz Garcia will be race FedEx CART Championship in 1999 for Davis Racing. Sponsors will be Phillip Morris Brazil and VASP (brazilian flight company) ... Continue reading

Briggs & Stratton Announces Share Repurchase

Briggs & Stratton Corporation announced that its Board of Directors has approved the repurchase of up to 1.3 million shares of the Company's common stock. ... Continue reading

Briggs & Stratton Declares Dividend

At the regular quarterly meeting of the Board of Directors of Briggs & Stratton Corporation, a quarterly dividend of twenty- nine cents per share was declared on the common stock of the Corporation, payable April 1, 1999. ... Continue reading

Carey International Announces Miami Acquisition

Carey International, Inc. announced that it has acquired Club Limousine Service of Miami, Florida. Club is the largest full service transportation and limousine company in the greater Miami area with fiscal 1998 sales of approximately $4 million. ... Continue reading

CarMax(R) Roars Past $1 Billion Annual Sales Mark

CarMax announced that it has sprinted beyond the $1 billion mark in annual sales at an unprecedented rate of speed compared with other revolutionary consumer concepts like Home Depot, Wal-Mart, McDonalds and Southwest Airlines. ... Continue reading

CCC Chosen as Consumer Services Partner

The consumer services subsidiary of CCC Information Services Inc. has been chosen to process and administer claims for all of Convenient Property and Casualty Group's personal auto insurance business. ... Continue reading

CIT Predicts Light Vehicle Sales Will Continue to Grow

America's fascination with sport utility vehicles will drive positive growth in light vehicle sales over the next three years, according to The CIT Group, Inc. and its first annual Light Vehicle Outlook. ... Continue reading

Colorado Courts Adopt AIPS 'Aware Driver' Home Study Course

American Institute for Public Safety (AIPS) reports that its "Aware Driver" defensive driving course well-known to hundreds of thousands of traffic violators around the country -- now is being used by Colorado courts in video "home study" format. ... Continue reading

Customers Impressed With AimRite's COAST Suspension-Control

AimRite Holdings Corp. announced that it has completed presentations of its revolutionary production COAST (Computer Optimized Adaptive Suspension Technology) suspension-control system to the first three major OEM manufacturers. ... Continue reading

DaimlerChrysler to Create Global Financial Services

DaimlerChrysler announced the creation of a new financial powerhouse by combining its global services operation into one integrated financial services provider within DaimlerChrysler Services (debis) AG. ... Continue reading

Detroit Diesel Completes 500th Series 2000(TM) Marine Engine

Detroit Diesel Corporation announced the completion of its 500th DDC/MTU Series 2000 engine. ... Continue reading

'Do the Buckle' Campaign Makes Wearing a Safety Belt 'Cool'

DaimlerChrysler is striving to raise awareness in the Charleston area about the importance of safety belts and buckling kids in the back seat. ... Continue reading

Dura and Excel Industries, Inc., Enter Into Definitive Merger Agreement

Dura Automotive Systems, Inc. and Excel Industries, Inc. announced that they have entered into a definitive merger agreement. ... Continue reading

Eaton Earns $91M Before Restructuring Charge On Sales of $1.61B

Eaton Corporation announced that, before special charges, fourth quarter 1998 earnings per share were $1.27, down 23 percent from last year's $1.66 per fully diluted share. ... Continue reading

Exide's New Management Changes Direction

The new executive management of Exide Corporation, following a review of business strategy and operations, has elected to refocus the business by pursuing high-profit opportunities rather than expansion through acquisition of market share. ... Continue reading

Federal-Mogul Appoints Bob Allsopp, Director, Technical, General Products

Frank Tomes, executive vice president, General Products, Federal-Mogul Corporation, announces the appointment of Bob Allsopp to the position of director, technical, General Products, effective February 8, 1999. ... Continue reading

Ford to Acquire Engineering Company with Aluminum Stamping Expertise

Stressing its commitment to environmental technology leadership, Ford Motor Company plans to acquire an engineering company with unique experience in aluminum stamping. ... Continue reading

Fort Point Partners and Toyota Launch Web Service Application

Toyota Motor Sales USA and Fort Point Partners announced the launch of a strategic Web service application for the Toyota Technical Education Network (T-TEN). ... Continue reading

Frequency Marketing, Inc. Unveils Loyalty Solutions Platform

These are the questions companies across the globe are asking themselves as the trend to develop frequency-marketing programs accelerates, and they're the same questions FrequencyMarketing, Inc. helps you answer with their Loyalty Solutions Platform. ... Continue reading

Freudenberg-NOK Teams with DeMattia Group

Freudenberg-NOK's headquarters in Plymouth, Mich., will triple in size by spring 1999 after it completes a $5.9 million expansion housing a new research and development center. ... Continue reading

Future Three, Inc. and Summit Partners Finalize New Partnership

Future Three, Inc., developers of integrated release accounting and shipping control applications for automotive suppliers, announces a new partnership with Summit Partners, a Boston- based professional technology investor. ... Continue reading

Gas Prices Continue Eight-Month Free Fall, Says AAA

Regional gas prices sank to a five-year low as the worldwide oil glut spilled over into the new year, AAA of Northern California reported. ... Continue reading

Harley-Davidson, Inc. Reports Record Fourth Quarter

Harley-Davidson, Inc. reported record revenue and earnings for its fourth quarter and year ended December 31, 1998, marking the thirteenth consecutive year of record revenue and earnings. ... Continue reading

Hertz and Toyota Agree to Pursue Japanese Car Rental Business

The Hertz Corporation has announced that it has signed a letter of intent to pursue a business partnership in Japan with The Toyota Corporation's rent-a-car operation. ... Continue reading

Hertz Reports Record Fourth Quarter Earnings

The Hertz Corporation, the world's largest car rental company and a leading industrial and construction equipment rental business, reported record earnings for 1998 of $277.0 million, up 37 percent from 1997 earnings of $201.6 million. ... Continue reading

Investment Promoter Sentenced

Louis W. Spiro was sentenced in Federal District Court yesterday to 15 months in prison, followed by three years of probation for securities fraud, mail fraud and interstate transportation of stolen property. ... Continue reading

IRL: Chance Phone Call Pointed Michner Toward Indy Success

IRL: Chance Phone Call Pointed Michner Toward Indy Success ... Continue reading

Lear Employees' Contributions to United Way Top Tier 1 Auto Suppliers

Lear Corporation employees in the metropolitan Detroit area, through the 1998 United Way employee solicitation campaign, pledged a record $533,807 in contributions to this year's Torch Drive. ... Continue reading

Liteglow Industries Inc. Announces Receipt of Substantial Order

Liteglow Industries Inc. announced it had an extremely successful exhibit at the Consumer Electronics Show in Las Vegas earlier this month. ... Continue reading

Lowest Fuel Prices Since 1979, AAA Survey Shows

The national average price of self-serve regular unleaded gasoline has decreased 4.4 cents in one month to 97.9 cents per gallon, according to AAA. ... Continue reading

Mobil Names Premier Distributors

Mobil announced that 21 distributors have received its 1998 Premier Award, which recognizes the outstanding achievements of Mobil's top performers. ... Continue reading

NASCAR GDS: Cornerstone Racing, Jimmy Britts Set for '99

NASCAR GDS: Cornerstone Racing, Jimmy Britts Set for '99 ... Continue reading

New Director of Ford's Small and Medium Car Vehicle Center Design

Chris Bird has been appointed Director of Design for Ford Motor Company's Small and Medium Car Vehicle Center (SVC) Design Studio, effective Jan. 1, succeeding Claude Lobo who is retiring. ... Continue reading

NHRA: The Warren Report: Season Preview

NHRA: The Warren Report: Season Preview ... Continue reading

Noble International to Acquire Automotive Assets of BEL-Tronics CSD

Noble International, Ltd. reported that it has entered into a letter of intent relating to the proposed acquisition by the Company, through its wholly owned subsidiary Tiercon Industries Inc., of certain automotive business assets of BEL-Tronics CSD. ... Continue reading

Phoenix Gold Announces Improved First Quarter Results

Phoenix Gold International, Inc. reported financial results for its first quarter ended December 31, 1998. Revenue for the first quarter was $6.7 million, an increase of 10.0% from revenue of $6.1 million in the first quarter of fiscal 1998. ... Continue reading

Planar Systems and DENSO Corporation Announce Agreement

Planar Systems, Inc. announced that the company will share electroluminescent display patents and manufacturing know-how with DENSO CORPORATION, Japan's largest supplier of automotive parts and systems, under a royalty-bearing agreement. ... Continue reading

Plastic Omnium Names Keith Banks as President and CEO

As part of an initiative to further strengthen its U.S. automotive presence and better serve its customers, Plastic Omnium has appointed Keith W. Banks as president and CEO of the company's U.S. automotive operations. ... Continue reading

RALLY: McRaes Focus Climbs Monte Carlo Leaderboard

RALLY: McRaes Focus Climbs Monte Carlo Leaderboard ... Continue reading

RALLY: Round 1 FIA World Rally Championship Results

RALLY: Round 1 FIA World Rally Championship Results ... Continue reading

Red Light Cameras Coming Soon to an Intersection Near You

Whether distracted or just in a hurry, drivers that run red lights cause an estimated 260,000 automobile crashes a year -- resulting in approximately 750 deaths. ... Continue reading

SAE Spotlights Polish Automotive Operations

Three top officials of the Polish government will join Polish and U.S. business and industry leaders in a far-ranging discussion of the Polish automotive industry at the 1999 SAE International Congress & Exposition at Cobo Center. ... Continue reading

SmarTire to Launch New Strategic Marketing Initiative

SmarTire Systems Inc., through its SmarTire USA subsidiary, is developing an exciting new marketing program to coincide with the North American spring/summer tire buying season. ... Continue reading

Southern California Gas Price Average Drops a Penny Since December

The average price of regular self-serve unleaded gasoline in Southern California inched downward from $1.208 to $1.192, according to the Automobile Club of Southern California Fuel Gauge Report. ... Continue reading

Spatial Makes 3D Model Interoperability a Reality with ACIS 5.0

Spatial Technology Inc. announced the release of the ACIS(R) 3D Toolkit 5.0. ACIS 5.0 focuses on 3D CAD model interoperability. ... Continue reading

Super Bowl XXXIII Fits Into Honda Odyssey Game Plan

Honda will advertise its all-new Odyssey minivan during the 1999 Super Bowl and has put together a complete game plan to support it. ... Continue reading

Tenneco Earnings News Conference Scheduled

Tenneco has scheduled a conference call for members of the press for Tuesday, January 26 at 10:00 a.m. E.D.T. to review its 1998 fourth quarter results. ... Continue reading

Tilden Associates Inc. Finalizes Acquisition

Tilden Associates Inc. operating under the trade name of Tilden for Brakes Car Care Centers, announced it finalized its acquisition of American Brake Service Inc. expanding its number of Car Care Center locations to over 50 in 10 states. ... Continue reading

TRW Reports Fourth Quarter, Year-End Results

TRW Inc. reported that fourth quarter sales increased 5 percent to $2.9 billion, compared with $2.8 billion in 1997. Total 1998 sales grew 10 percent to $11.9 billion, compared with $10.8 billion in 1997. ... Continue reading

USAC: Coors' Backing Puts Growth on Tap for USAC's Top Series

USAC: Coors' Backing Puts Growth on Tap for USAC's Top Series ... Continue reading

USAC: Coors Light Silver Bullet Quick Facts

USAC: Coors Light Silver Bullet Quick Facts ... Continue reading

USAC: Leffler Headlines WDWS Coors Light 'Silver Bullet' Opener

USAC: Leffler Headlines WDWS Coors Light 'Silver Bullet' Opener ... Continue reading

USAC: Steele Ready to put Pedal to Metal in USAC Opener in Orlando

USAC: Steele Ready to put Pedal to Metal in USAC Opener in Orlando ... Continue reading

USA Truck Announces Operating Results

USA Truck, Inc. announced operating revenues of $36,338,741 for the quarter ended December 31, 1998, up 7.3% from $33,877,187 for the same quarter of 1997. ... Continue reading

Wheels Now Offers Vehicle Leasing and Fleet Management In Japan

Wheels, a leader in automotive fleet management, has expanded its global coverage, offering vehicle leasing and fleet management in Japan through its exclusive U.S. membership in the Interleasing network of partners. ... Continue reading

Williams Controls Subsidiary Awarded Automotive Service Contract

Williams Controls, Inc. announced that its subsidiary, Premier Plastic Technologies, has been awarded the Rear Lighting Service program by Textron Automotive for Chrysler's 1998 Jeep Grand Cherokee. ... Continue reading