BMW 540iA SportWagon(2000) ... Continue reading
1998 Goodyear Racing Attendance Report Statistics
Auto racing attendance in North America again demonstrated overall growth in 1998, The Goodyear Tire & Rubber Company announced. ... Continue reading
AutoInfo, Inc. Announces Board Restructuring
AutoInfo, Inc. announced the expansion of its Board of Directors to include Charles A. Mills, III, Thomas C. Robertson and Peter C. Einselen. ... Continue reading
Automotive Writers Group Honors Three for Book on 1950s Racing
The Motor Press Guild (MPG), a Los Angeles-based organization of automotive journalists and industry personnel, gave the 1998 Dean Batchelor Award to the three authors of "American Sports Car Racing in the 1950s." ... Continue reading
Ballard Receives $3.5 Million Order from Nissan for Fuel Cells
Ballard Power Systems announced that it has secured a $3.5 million contract (US$2.3 million) from Nissan Motor Co. Ltd., Japan, to supply Ballard Fuel Cells, related equipment and support services. ... Continue reading
BREED Anticipates Second Quarter Loss
BREED Technologies, Inc., a worldwide leader in automotive occupant safety systems, announced that the company expects to report a net loss in excess of 85 cents per share for the second quarter ended December 31, 1998. ... Continue reading
CART: Walker Racing Test Report, Homestead
CART: Walker Racing Test Report, Homestead ... Continue reading
CCC Information Services Selects Vantive for Front-Office Solution
The Vantive Corporation announced that CCC Information Services has selected Vantive Support and Vantive Quality to enhance its call center operations. ... Continue reading
China Tire Holdings Limited Change of Principal Registrar
China Tire Holdings Limited announced that due to structural changes of A.S. & K. Services Limited, the principal registrar and transfer agent of China Tire in Bermuda will be changed from AS&K to Reid Management Limited. ... Continue reading
Dixie Arc Awarded $500,000 Contract To Build 1st Aquafuel Generator
Toups Technology Licensing, Inc. announced that it has awarded a $500,000 contract to 16-year old Birmingham, Ala.-based Dixie Arc, Inc. to manufacture its first commercial AquaFuel(tm) production unit. ... Continue reading
DSP Technology to Relocate Corporate Headquarters
DSP Technology Inc. announced that it will relocate corporate headquarters to and consolidate its Transportation Group operations in Ann Arbor, Mich. ... Continue reading
DynaMotive Technologies Reports Status of CD Negotiations
DynaMotive Technologies Corporation announced that it has made a final offer of settlement to holders of Convertible Debentures issued in April of 1998 which matured on December 31, 1998. ... Continue reading
Federal-Mogul Awarded Total Engine Sealing Package
Federal-Mogul Corporation announced the company has been awarded its first total engine sealing package. The new engine being developed by DaimlerChrysler is scheduled to launch in model year 2003. ... Continue reading
Federal-Mogul Completes Acquisition of Camshaft Machining Operations
Federal-Mogul Corporation reported the completion of its acquisition of certain of the camshaft machining operations of Crane Technologies Group, Inc. ... Continue reading
Ford Credit Reports Improved Earnings
Ford Motor Credit Company's earnings in 1998 were $1.084 billion, up $53 million or 5 percent, from 1997 earnings of $1.031 billion, Chairman and Chief Executive Officer Philippe Paillart announced. ... Continue reading
Ford Earns $6.6 Billion Before Charges in 1998, Up 10 Percent
Ford Motor Company earned $5,939 million in 1998, or $4.72 per diluted common and Class B share, excluding earnings from The Associates and the gain that resulted from Ford's spin-off of that company. ... Continue reading
Goodyear Seeks to Grow Winter Tire Market Share
Goodyear marketers will seek to reverse the downhill slide of U.S. winter tires next week in this ski resort city. ... Continue reading
Hometown Auto Acquires Wellesley Lincoln/Mercury Solidifying Market
Hometown Auto Retailers, Inc. announced that it has acquired Wellesley Lincoln/Mercury, formerly known as Regan & Stapleton, a dealership located 5 miles from Hometown's Bay States Lincoln/Mercury operation in the Boston suburbs. ... Continue reading
Insilco Reports Unfavorable Decision in Antitrust Award
Insilco Holding Co. reported that as a result of a post-trial motion, the $25.3 million judgment which its Taylor Publishing unit was awarded by jury verdict in an antitrust lawsuit against Jostens, Inc., has been set aside. ... Continue reading
Insurance Auto Auctions Announces Appointment of Two Board Directors
Insurance Auto Auctions, Inc. announced the appointment of two experienced executives to its Board of Directors filling the currently vacant seats. ... Continue reading
Internet Driver's Licenses Take Buyers for a Ride, Says AAA
For motorists with a bad driving record the lure of an international driver's license that cannot be revoked is very tempting, regardless of the price tag. ... Continue reading
IRL: Future Looks Bright for Opportunistic Schmidt
IRL: Future Looks Bright for Opportunistic Schmidt ... Continue reading
Jahnke Named President of Elco Textron
Textron Inc. announced that effective January 18, 1999, William R. Jahnke has become President of its Rockford, Illinois-based subsidiary, Elco Textron Inc. He replaces John Lutz, who has retired. ... Continue reading
Laforza Automobiles Receives 12 Cars and 50 Rolling Chassis'
Laforza Automobiles Inc. announced today that they have finalized the purchase and delivery of all remaining inventory from Badrahn Enterprises of the Laforza SUVs, being stored in a Detroit warehouse. ... Continue reading
Mar Mar Realty Trust Announces $150 Million Credit Facility
Mar Mar Realty Trust, through an affiliate, obtained a $150 million secured credit facility from Ford Motor Credit Company. ... Continue reading
Mercedes Benz ML430 (1999) ... Continue reading
Meritor Automotive Reports Strong First Quarter 1999 Results
Meritor Automotive, Inc. reported a fiscal 1999 first quarter EPS gain of 23 percent on sales growth of 4 percent. ... Continue reading
Mobil and Quick Fuel to Co-brand Chain of Fleet Fueling Locations
Mobil Corporation and Quick Fuel, a subsidiary of Jacobus Energy, announced their intent to co-brand Quick Fuel's chain of commercial fleet fueling locations. ... Continue reading
Mobil Celebrates Two Million Mobil Speedpass Customers
Mobil Corporation announced that over two million Americans are now using its revolutionary Mobil Speedpass(TM) technology that allows customers to fill up without ever opening wallets or purses for credit cards or cash. ... Continue reading
Mobil Replaced 165 Percent of Oil and Gas Reserves in 1998
Mobil Corp. announced that it replaced 165 percent of its oil and gas production with new proved reserves in 1998. ... Continue reading
Monro Muffler Brake and Wegmans Food Markets Announce Partnership
Monro Muffler Brake, Inc. announced a promotional partnership with Wegmans Food Markets, Inc. of Rochester, N.Y. As of Jan 1, 1999, Wegmans Shoppers Club card holders will receive discounts at over 500 Monro Muffler Brake and Service and Speedy Auto's. ... Continue reading
Monro Muffler Brake, Inc. Reports Third Quarter Results
Monro Muffler Brake, Inc. reported sales and operating results for its third quarter and nine months ended December 31, 1998. ... Continue reading
Motor Sports Chicago & Family Entertainment Roll Into Navy Pier
Custom Car Show & Family Entertainment Including Special Appearances By: -- Nascar Driver John Andretti -- Television Actress Alison Armitage -- The Jeff Gordon #24 Dupont Nascar. ... Continue reading
MTS Advanced Technology Crash Tester Wins $2.5 Million Order
MTS Systems Corporation announced that it has received a $2.5 million order for an advanced technology crash simulation system that features new, time saving engineering and superior performance in setup speed and crash pulse reproduction. ... Continue reading
NASCAR-WCUP: Jeff Gordon Receives Racing Writers' Top Honor
NASCAR-WCUP: Jeff Gordon Receives Racing Writers' Top Honor ... Continue reading
NHRA: Total Awards Exceed $40 Million in Winston Drag Series in '99
NHRA: Total Awards Exceed $40 Million in Winston Drag Series in '99 ... Continue reading
NHRA: Winston Offers $3.3 Million No Bull Challenge Bonus
NHRA: Winston Offers $3.3 Million No Bull Challenge Bonus ... Continue reading
Open Road Radio ... Continue reading
Precept Business Services Acquires Nicon, Inc.
Precept Business Services, Inc., an independent distributor of printed business products and document management services and one of the largest providers of corporate transportation services in the U.S., announced that it has acquired Nicon,Inc. ... Continue reading
Precision Lube Express Announces Sales & Car Count Increases
While the lube industry continues to experience flat or even declining sales, Precision Auto Care's brand new modular, quick lube system, Precision Lube Express, is pleased to announce that average same store sales are up 21%. ... Continue reading
Racing Champions E-Sales of $1M in First Six Months Prompts Plans
Racing Champions Corporation, one of the world's leading producers of die-cast vehicle replicas, announced that its "Racing Shop" online store had booked orders of approximately $1 million during its first six months in operation. ... Continue reading
RALLY: Monte Carlo End of Round 3
RALLY: Monte Carlo End of Round 3 ... Continue reading
RALLY: Podium Finish for Ford Focus on World Rally Debut
RALLY: Podium Finish for Ford Focus on World Rally Debut ... Continue reading
Renault Standardizes on SurfaceStudio 9
Alias|Wavefront, a subsidiary of Silicon Graphics, Inc. announced a major sale to Renault of 60 seats of SurfaceStudio (TM) 9 software and associated development services. ... Continue reading
Researchers Will Report on New Airbag-Safe Child Seat
A new infant seat that's safe to install in front of a passenger side airbag will be introduced by Xportation Safety Concepts, Inc. (XSCi) and The Fraser Group at the 1999 SAE International Congress & Exposition, March 1-4, 1999. ... Continue reading
SCCA Pro Racing Fast Facts ... Continue reading
Textron Announces Completion of Tender Offer
Textron Inc. announced the successful completion of the cash tender offer which commenced on January 7, 1999 and expired on January 19, 1999. ... Continue reading
The Timken Company Reports Solid 1998 Performance
Earnings for 1998 were $114.5 million -- the third highest earnings total in company history -- and sales finished above 1997's record, The Timken Company reported. ... Continue reading
Timothy Manganello to Head BWA Powertrain Systems
John F. Fiedler, chairman and chief executive officer of Borg- Warner Automotive, Inc. named Timothy Manganello president and general manager of the company's Powertrain Systems (PTS) operating group. ... Continue reading
TRW to Implement Enterprise Resource Planning Software
TRW Integrated Supply Chain Solutions announced that it will implement the Baan Company's enterprise resource planning (ERP) software in four subsidiary locations of Cade Industries, a leading aerospace and defense manufacturer. ... Continue reading
Union Pacific Announces Fourth Quarter Results
Union Pacific Corporation reported continued improvement in operating results at its Union Pacific Railroad and Overnite Transportation Company subsidiaries. ... Continue reading
USAC Coors Light Silver Bullet Series: Pure Power, Pure Excitement
USAC Coors Light Silver Bullet Series: Pure Power, Pure Excitement ... Continue reading
USRRC: Rolex 24 at Daytona Official Entry List
USRRC: Rolex 24 at Daytona Official Entry List ... Continue reading
Visteon 1998 Earnings Increase 37 Percent to Record $712 Million
Visteon Automotive Systems is reporting a second straight year of strong financial performance as net income was $712 million, up 37 percent from 1997. ... Continue reading
Werner Enterprises Reports Record 4Q 1998 and Annual 1998
Werner Enterprises,Inc. (Werner), one of the nation's five largest truckload transportation companies, reported record operating revenues and earnings for the fourth quarter and year ended December 31, 1998. ... Continue reading
Williams Controls Subsidiary Receives Quality Award from PACCAR
Williams Controls, Inc. announced that its subsidiary, Williams Controls Industries, has been selected by PACCAR, Inc. and its divisions to receive the PACCAR Supplier Quality Certification Award. ... Continue reading
Willis Stein & Partners Completes Sale of Petersen Co., Inc. to EMAP
Willis Stein & Partners, a leading private equity investment firm, and the controlling shareholder of The Petersen Companies Inc., announced that it has completed the sale of The Petersen Companies, Inc. to EMAP plc for approximately $1.5 billion. ... Continue reading
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