February 1999

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Friday, February 5, 1999

1999 Busch Grand National Series Napa Auto Parts 300

The Auto Channel's exclusive multi-media coverage of the NASCAR Busch Grand National Series Napa Auto Parts 300 from Speedweeks 1999 at Daytona International Speedway ... Continue reading

41st Annual NASCAR Winston Cup Series Daytona 500

The Auto Channel's exclusive multi-media coverage of the NASCAR Winston Cup Series Daytona 500 from Speedweeks 1999 at Daytona International Speedway ... Continue reading

AAA Survey Shows Lowest Fuel Prices Since 1979

The national average price of self-serve regular unleaded gasoline has decreased to 97.9 cents per gallon, the lowest price per gallon since an average of 96.1 cents in 1979. The current price is 18.1 cents cheaper that last year at this time. ... Continue reading

Adverse Result in Republic Industries Case Will Not Affect Nissan

In a hearing in the litigation between Nissan North America, Inc. and Republic Industries, the California Federal Court issued summary judgment in favor of Republic, dismissing Nissan's lawsuit. ... Continue reading

AK Steel Issues Profit-Sharing Checks for Fifth Consecutive Year

Despite the most challenging marketplace in recent history, hourly employees of AK Steel are receiving profit-sharing checks for a fifth consecutive year. ... Continue reading

ARCA FirstPlus Financial 200 Practice Speeds and Notes (Friday)

Josh Baltes, in the Big Daddy's BBQ Sauce Chevrolet, topped the speed charts today in practice with a speed of 187.274 mph followed by Matt Hutter at 186.714, Glen Morgan 186.567 and Bobby Hamilton Jr. 186.197 ... Continue reading

Automotive Performance Group Announces Resignation of Andrew Evans

AUTOMOTIVE PERFORMANCE GROUP, INC., a full service owner and operator of high performance automotive businesses and brands, has accepted the resignation of Andrew L. Evans from the APG Board of Directors. ... Continue reading

Automotive Performance Group, Inc. Announces Sale of Team Scandia

Automotive Performance Group, Inc., a full service owner and operator of high performance automotive businesses and brands, announced today that it has completed the sale of its Team Scandia racing team. ... Continue reading

Borg-Warner Automotive Elects Two Officers:

The Board of Directors of Borg-Warner Automotive, Inc., has elected two corporate officers. John Kalina has been appointed vice president and chief information officer of the company and Timothy M. Manganello has been named a vice president. ... Continue reading

Buick Park Avenue Ultra New Car Review: Buick Park Avenue Ultra ( 1999) New Car Prices for Buick Park Avenue Ultra

Buick Park Avenue Ultra (1999) ... Continue reading

Carlisle Companies Reports a Record Year

Carlisle Companies Incorporated reported record earnings of $84.9 million, or diluted earnings per share of $2.77, for its year ending December 31, 1998, an increase of 20 percent over 1997 earnings of $70.7 million. ... Continue reading

CART: Mercedes Fires Fastballs at Spring Training

CART: Mercedes Fires Fastballs at Spring Training ... Continue reading

Chevrolet Corvette Coupe New Car Review: Chevrolet Corvette Coupe ( 1999) New Car Prices for Chevrolet Corvette Coupe

Chevrolet Corvette Coupe (1999) ... Continue reading

Chrysler 300M New Car Review: Chrysler 300M ( 1999) New Car Prices for Chrysler 300M

Chrysler 300M (1999) ... Continue reading

Chrysler Town and Country LXi New Car Review: Chrysler Town and Country LXi ( 1999) New Car Prices for Chrysler Town and Country LXi

Chrysler Town and Country LXi (1999) ... Continue reading

Class Action Against Turbodyne On Behalf Of Shareholders

Weiss & Yourman has filed a class action lawsuit on behalf of purchasers of Turbodyne Technologies Inc. securities between March 1, 1997, and Jan. 22, 1999, for violations of federal securities laws. ... Continue reading

Colonel's Back on Track with New Race Dates

Copart Announces Agreement to Provide Complete EDI/EFT Services

Copart, Inc. and United Services Automobile Association (USAA) announced the signing of a comprehensive agreement for state-of- the-art electronic commerce between the two companies. ... Continue reading

C.W. Thaxton Named President and C.E.O. of Hyundai Finance

Veteran automotive finance executive C.W. (Bill) Thaxton has been named president and chief executive officer of Hyundai Motor Finance Company. ... Continue reading

DaimlerChrysler Calls for Making Methanol A Fuel for the Future

Methanol holds promise as the clean, sustainable transportation fuel of the future, and DaimlerChrysler is calling for the support of the oil industry, government and science to help make the fuel available and affordable. ... Continue reading

DaimlerChrysler Reports Plant Schedule for Week of February 8, 1999

DaimlerChrysler Corporation reports all nine U.S. assembly plants and all three Canadian assembly plants will operate the week of February 8, 1999. ... Continue reading

Delphi Automotive Systems Corporation IPO Priced at $17 Per Share

Delphi Automotive Systems Corp. announced that its initial public offering of 100 million shares of common stock was priced at $17 per share. ... Continue reading

Delphi Reveals Strategy for Independent Growth

With an initial public offering of 100 million shares, Delphi Automotive Systems moved a significant step closer to independence from long-time parent General Motors. ... Continue reading

Detroit Auto Dealers Association Announces Dates For 2000

The North American International Auto Show announced that it has received confirmation from Detroit's Cobo Center of the dates for the NAIAS 2000. ... Continue reading

Dodge Durango SLT New Car Review: Dodge Durango SLT ( 1999) New Car Prices for NISSAN SENTRA SE

Dodge Durango SLT (1999) ... Continue reading

Dodge Intrepid ES New Car Review: Dodge Intrepid ES ( 1999) New Car Prices for Dodge Intrepid ES

Dodge Intrepid ES (1999) ... Continue reading

Edelbrock Receives New Products Awards At 1998 SEMA Show

Edelbrock Corp. announced that two new products, the RPM Air- Gap Manifold and the Qwik Data(tm) Acquisition System, received awards at the recently held 1998-99 SEMA Show in Las Vegas. ... Continue reading

Efforts to Improve Efficiency In Automotive Retailing Losing Ground

Despite higher profits in automotive manufacturing and retailing in 1998, the industry is heading in the wrong direction when it comes to improving efficiency at the retail level. ... Continue reading

Employees From Around the World Gather to Celebrate Delphi IPO

Over 40 employees representing each of Delphi Automotive Systems global operating regions and divisions, met at the New York Stock Exchange to celebrate the company's initial public offering (IPO). ... Continue reading

Ford Crown Victoria New Car Review: Ford Crown Victoria ( 1999) New Car Prices for Ford Crown Victoria

Ford Crown Victoria (1999) ... Continue reading

Ford Explorer New Car Review: Ford Explorer ( 1999) New Car Prices for Ford Explorer

Ford Explorer (1999) ... Continue reading

Ford Super Duty F-250/350 New Car Review: Ford Super Duty F-250/350 ( 1999) New Car Prices for Ford Super Duty F-250/350

Ford Super Duty F-250/350 (1999) ... Continue reading

Ford Taurus SHO New Car Review: Ford Taurus SHO ( 1999) New Car Prices for Ford Taurus SHO

Ford Taurus SHO (1999) ... Continue reading

Gleason Reports Fourth Quarter and Full Year Results

Gleason Corp. reported that net income for the fourth quarter ended Dec. 31, 1998 was $8.4 million, or .81 per diluted share, compared to $8.3 million, or $.79 per diluted share, for the 1997 fourth quarter. ... Continue reading

Growing Trend Toward Modular Automotive Production Systems

Reflecting the auto industry's growing interest in flexible manufacturing systems, Industrial Automation Systems group of UNOVA Inc. reported that orders for its modular, high-volume manufacturing systems increased to 40% of its total volume. ... Continue reading

Honda Accord New Car Review: Honda Accord ( 1999) New Car Prices for Honda Accord

Honda Accord (1999) ... Continue reading

Honda Civic New Car Review: Honda Civic ( 1999) New Car Prices for Honda Civic

Honda Civic (1999) ... Continue reading

Honda Passport New Car Review: Honda Passport ( 1999) New Car Prices for Honda Passport

Honda Passport (1999) ... Continue reading

Interviews with Bud Shootout Drivers

The following audio interviews with NASCAR Winston Cup Drivers were conducted at the drawing to determine starting order for the Bud Shootout at Daytona, which takes place this weekend. ... Continue reading

IROC Announces 1999 Drivers

NASCAR, CART, AND IRL DRIVERS NAMED FOR 1999 TRUE VALUE IROC SERIES; EARNHARDT VS EARNHARDT, FERNANDEZ AND BURTON; FINAL 4 DRIVERS FOR '99 IROC TRUE VALUE SERIES; 4 MORE TOP DRIVERS TO DO BATTLE FOR 99 IROC TRUE VALUE CROWN ... Continue reading

IROC Announces 1999 Schedule

The International Race of Champions announced today the schedule of events for IROC XXIII. ... Continue reading

Jaguar S-TYPE Goes on Sale in May

Jaguar announced the Manufacturer's Suggested Retail Price of the 2000 model year Jaguar S-TYPE that will go on sale in the United States the first week of May. ... Continue reading

Lincoln Town Car New Car Review: Lincoln Town Car ( 1999) New Car Prices for Lincoln Town Car

Lincoln Town Car (1999) ... Continue reading

Miracom Signs Deal With Rick Moradian And Condor Logistics

Miracom Corporation announced that it has contracted with Condor Logistics and Rick Moradian for extensive logistical and analytical work supporting the short and long term supply chain related needs of "theparts.com(TM)," ... Continue reading

Myers Industries Completes French Acquisition

Myers Industries, Inc. announced it has completed the acquisition of Allibert Equipment, the plastic material handling division of Sommer Allibert, a publicly traded French company. ... Continue reading

NASCAR Busch Grand National Series Driver Interviews

The Auto Channel attended the NASCAR Busch Grand National Division Season Preview and interviewed several Busch Series Drivers as they looked forward to the season, which opens with the 41st Annual NAPA Auto Parts 300, Saturday February 13, 1999, at Daytona International Speedway. ... Continue reading

NASCAR Winston Cup Daytona 500 Practice Times (Friday)

NASCAR Winston Cup Series Overall Practice Speeds February 5, 1999 ... Continue reading

Nissan Altima New Car Review: Nissan Altima ( 1999) New Car Prices for Nissan Altima

Nissan Altima (1999) ... Continue reading

Nissan Maxima New Car Review: Nissan Maxima ( 1999) New Car Prices for Nissan Maxima

Nissan Maxima (1999) ... Continue reading

Novel Technology Cut Emissions and Boosts Engine Efficiency

The internal combustion engine is here to stay for the next twenty years, so we've got to live with it. That's despite impressive advances in fuel cells, electric batteries for cars and trucks, solar cells, and other alternatives. ... Continue reading

Oxford Automotive Completes Purchase of Major French Stamper

Oxford Automotive, Inc. announced it has closed on its agreement to purchase Cofimeta Group from France's Groupe Valfond SA. Cofimeta is a leading automotive stamping and metalforming company. ... Continue reading

Penske Motorsports Announces Record Revenues and Earnings for 1998

Penske Motorsports, Inc. (PMI) announced record revenues and earnings for the three months ended December 31, 1998. ... Continue reading

Photos from the 1999 ARCA Bondo/Mar-Hyde Series Firstplus Financial 200

Pictures from the 36th ARCA Bondo Mar-Hyde Series FirstPlus Financial 200 at Daytona International Speedway. ... Continue reading