20th Century Insurance Enters Oregon With Low, Safe-Drivers-Only Rates
20th Century Insurance Company announced that the company has begun providing coverage for Oregon drivers, following its approval to conduct business in the state by the Oregon Department of Insurance. ... Continue reading
8 Million New-Car Purchases Will be Influenced by the Internet in 2003
New-car buying is racing on-line as consumers use the Internet to select a vehicle, get information on prices, and find a dealer. In 1998, more than 2 million consumers used the Internet to research their new-car purchases. ... Continue reading
Allied Holdings Reports Fourth Quarter and Year-End Results
Allied Holdings, Inc. reported results for the fourth quarter and year ended December 31, 1998. Revenues for the fourth quarter of 1998 were $275.3 million, compared with revenues of $281.2 million for the fourth quarter last year. ... Continue reading
AQM Announces Record Sales and Profits
AQM Automotive Corporation (AQM) announced its consolidated financial and operating results for its fourth quarter of 1998 (September 1, 1998 to November 30, 1998) and for the year ended November 30, 1998. ... Continue reading
Armor All Launches Car Wax That Beats the Competition
Choosing the perfect car wax just got easier, thanks to Armor All. This Spring, new Armor All Car Wax hits store shelves setting a new standard for wax performance in this $150 million category. ... Continue reading
Atlanta's Checker Cab's Clean Fuel Fleet Expands
Atlanta Checker Cab and Ford Motor Company are joining together to put more alternative fuel vehicles (AFVs) into service in the city. The move will continue to make Atlanta's largest fleet of taxis also the nation's cleanest. ... Continue reading
Audi For 2000 ... Continue reading
AutoBond Updating Investors to Various Funding and Credit Performance
AutoBond Acceptance Corporation, listed on the Amex under the symbol ABD, is updating investors as to various funding and credit performance information. ... Continue reading
Autoliv Elects New Director and Declares Dividends
Autoliv Inc., a worldwide leader in automotive safety has elected the company's new President and CEO, Mr. Lars Westerberg, new Director of the Board for a regular three-year term, expiring at the Annual Stockholders' Meeting in 2002. ... Continue reading
AutoTradeCenter.com To Launch Internet Auction Services
Auto Network Group, Inc. announced that it is proceeding on schedule and will add a full-featured free auto auction to its industry-leading "wholesale-only" site AutoTradeCenter.com on March 1, 1999. ... Continue reading
Baldor Electric Announces Dividend Increase for 1st Quarter 1999
Baldor Electric Company markets, designs, and manufactures electric motors and drives and is based in Fort Smith, Arkansas. Baldor's Board of Directors met on Feb 8, 1999. R. S. Boreham, Jr., Chairman of the Board, announced the following: ... Continue reading
BCI and QNX(R) Take In-car Computing Beyond the Family Car
BCI demonstrated a new generation of industrial-strength auto computing with CRISTINE, the world's first mission-critical in- dash navigation system. ... Continue reading
BMW For 2000 ... Continue reading
Brake Headquarters USA, Inc. Announces Reverse Stock Split
Brake Headquarters USA, Inc. announced that the Board of Directors approved effective February 19,1999, a one (1) for three (3) reverse split of the Company's common stock. ... Continue reading
Brazilian Racing News: Petrobras Sponsors Teams
The biggest Brazilian petroleum company, Petrobrás, announced this week that they will invest in 10 different racing series in 99. ... Continue reading
Brazilian Racing News: Tony Kanaan
Brazilian driver Tony Kanaan is very happy with the results of the spring Training in Homestead, where he finished 10th overall in both days, being the quickest Brazilian in the last session on Thursday. ... Continue reading
CART: Team Penske Interview, Transcript
CART: Team Penske Interview, Transcript ... Continue reading
Collins & Aikman To Reorganize Operations
Collins & Aikman Corporation announced a comprehensive plan designed to reorganize its business and position the Company for long range success in the dynamic global automotive interior trim market. ... Continue reading
Cooper Industries' Board Declares Dividend
The board of directors of Cooper Industries, Inc. declared a quarterly dividend on the company's outstanding common shares. ... Continue reading
Cooper Tire Reports Record 1998 Sales and Earnings
Cooper Tire & Rubber Company reported record sales and earnings for 1998 with the record fourth quarter boosting the company's results for the year. Net sales for 1998 reached $1.9 billion, an increase of 3.5 percent over 1997 sales. ... Continue reading
Crown Group Increases Ownership in Paaco Automotive Group to 80%
Crown Group, Inc. announced that it has acquired an additional 15% ownership interest in Paaco Automotive Group for approximately $1 million in cash and the issuance of 257,811 shares of Crown Group common stock. ... Continue reading
Cummins Declares Quarterly Common Stock Dividend
The Board of Directors of Cummins Engine Co. Inc. declared a quarterly common stock cash dividend of 27.5 cents per share, payable on March 15, 1999, to shareholders of record on March 1. ... Continue reading
Dana Chairman Receives Automotive Industry Leader of the Year
Dana Corporation Chairman Southwood J. Morcott received the 1998 Automotive Industry Leader of the Year Award presented by the Automotive Hall of Fame at the National Automobile Dealers Association convention in San Francisco, California. ... Continue reading
DeMattia Group Creates New Industrial Park Facility in Michigan
DeMattia Group reports that Olympic Laser Processing is now operating from its new 154,000-square-foot manufacturing facility at 6331 Schooner Dr. in the 144-acre Michigan Avenue Industrial Park in Van Buren Township. ... Continue reading
Do the Buckle Safety Tour Makes Chicago Auto Show Debut
The "Do the Buckle" safety tour is making its Chicago Auto Show debut. The safety tour, featuring a fleet of Chrysler, Dodge and Plymouth minivans, carries safety messages across the country to kids and adults of all ages. ... Continue reading
Drew Announces Record Fourth Quarter and Year-End Results
Drew Industries Incorporated reported record net sales of $331 million in 1998, an increase of 59 percent from sales of $208 million in 1997. Drew supplies a wide variety of products to the manufactured housing industry and the RV industry. ... Continue reading
Dynamics International Announces Chinese Automotive Database
Dynamics International, Ltd., announced the availability of a new product of value to automotive suppliers looking to understand the evolving automobile industry in China. ... Continue reading
EDS Makes Cash and Commercial Available to Journalists
The thousands of journalists covering the Chicago Auto Show at McCormick Place this week won't have to travel far to replenish their supply of pocket money or learn more about General Motors' OnStar. ... Continue reading
Facility Naming Rights Another 'First' for Speedway Motorsports
With the announcement that Charlotte Motor Speedway has been renamed Lowe's Motor Speedway, Speedway Motorsports continues its leadership role in innovative motorsports marketing and facility management. ... Continue reading
Fidelity Holdings Announces BDO Seidman, LLP
Fidelity Holdings, Inc. announced BDO Seidman, LLP has been retained as the Company's new auditors, replacing Peter C. Cosmas Co., CPAs. ... Continue reading
First DaimlerChrysler Annual General Meeting on May 18, 1999
Thefirst DaimlerChrysler Annual General Meeting will be held on May 18, 1999. The shareholders meeting will be held in Stuttgart at the "Hanns-Martin-Schleyer-Halle" (Convention Center) and will start at 10 a.m. CET. ... Continue reading
Ford Division Celebrates 50 Years
February 15 will mark the 50th anniversary of Ford Division, the top selling automotive brand in the United States. The division was created by Henry Ford II as a "further important step in the company's decentralization plan." ... Continue reading
General Automation Subsidiary Signs Agreement
General Automation Inc. announced that its wholly owned subsidiary, Liberty Integration Software, has signed a major new agreement with The Reynolds and Reynolds Company. ... Continue reading
Gibraltar Initiates Quarterly Cash Dividend, Sets Special Payout
Gibraltar Steel Corporation announced that its Board of Directors has declared a special cash dividend and instituted a regular quarterly cash dividend. ... Continue reading
Gleason Sets Annual Stockholders Meeting Date
Gleason Corporation's board of directors set the company's 1999 annual meeting date for Tue., May 4, 1999, at 10:00 a.m. at the main offices of the company in Rochester, N.Y., for the purposes of electing directors, appointing independent auditors. ... Continue reading
Goody's Dash Series Discount Auto Parts 200 Round 1 Qualifying Results
Goody's Dash Series, discount auto parts 200, Daytona International Speedway, speedweeks First Round Qualifying Results, February 9, 1999 ... Continue reading
H. Clifford Harris Named CFO of Precision Auto Care
Precision Auto Care, Inc., North America's largest franchisor of auto care centers, announced that H. Clifford Harris has been named senior vice president and chief financial officer. ... Continue reading
Honda's high-performance 1999 Civic Si made its debut today at a press conference prior to the opening of the Chicago Auto Show. ... Continue reading
Honey I Shrunk the Die: The Impact on Semiconductors
Semico Research Corp released a comprehensive analysis of the relationship between semiconductor device shrinks and overcapacity and the effect on the semiconductor equipment industry. ... Continue reading
Hot Rodding for the 'Y' Generation
Personalizing cars with custom paint and performance parts began in the Fifties and gelled in the Sixties. From T-buckets to '57 Chevies, from ponycars to muscle cars, Americans have always had favorite vehicles as the foundation for theircustoms. ... Continue reading
Hot Si Returns to Civic Lineup
Honda's high-performance 1999 Civic Si made its debut at a press conference prior to the opening of the Chicago Auto Show. ... Continue reading
Hot Wheels Becomes an Official Corporate Sponsors of Daytona 500
Mattel, Inc. announced that it has signed an exclusive marketing and licensing partnership agreement with the International Speedway Corporation (ISC). ... Continue reading
Hyundai Motor Company Adopts EAI's Solutions
Engineering Animation, Inc. announced that Hyundai Motor Company will adopt EAI's VisProducts for enterprise-wide product visualization and digital prototyping. ... Continue reading
Isuzu Offers $160,000 in Prizes in Triathlon Series Pro Tour
American Isuzu Motors Inc. (AIMI) is proud to team up with the Bally Total Fitness U.S. Triathlon Series (USTS) to sponsor the "$160,000 Isuzu Go Farther(tm) Pro Tour" within a 12-city circuit in 1999. ... Continue reading
JAKKS Pacific Inc. Partners With Car and Driver Magazine
JAKKS Pacific Inc. announced that it has signed a multi-year licensing agreement with Car and Driver magazine to design, manufacture and market a new Car and Driver branded line of die- cast toys and collectibles based on vehicles in the magazine. ... Continue reading
LDM Technologies Announces First Quarter Earnings
LDM Technologies, Inc. reports net sales for its first quarter ended December 27, 1998 (first quarter 1999) were $138.1 million, an increase of $37.8 million, or 37.7%, from the first quarter of FY1998. ... Continue reading
Liteglow Industries Inc. Strong Sales Increase
Lou Wiener, COO of Liteglow Industries Inc. announced that sales are off to a great start in 1999. For the month of January 1999 Liteglow had the following increases: ... Continue reading
LucasVarity Control Systems Launches Wheel Speed Sensor
LucasVarity Automotive Control Systems has launched a new miniaturized wheel speed sensor for use primarily in automotive applications. ... Continue reading
Merchant's, Inc. Taps Fletcher Martin Associates
Andy Fletcher, president of Fletcher Martin Associates, announced that the agency has been selected to handle media services for Manasses, Virginia-based Merchant's, Inc. ... Continue reading
Meritor Automotive Declares Quarterly Dividend on Common Stock
The Meritor Automotive, Inc. board of directors declared a quarterly dividend of 10.5 cents per share on its common stock, payable March 15, 1999, to shareowners of record on February 22, 1999. ... Continue reading
Meritor Automotive Elects De La Riva Corporate Officer
Meritor Automotive Inc. announced that its board of directors has elected Juan L. De La Riva, senior vice president, Business Development and Communications, reporting directly to Meritor Chairman and Chief Executive Officer, Larry D. Yost. ... Continue reading
Meritor Automotive Holds its Annual Shareowners Meeting
Meritor Automotive Inc. held its annual shareowners meeting following the completion of its first year as an independent company. The meeting was held at the Meritor World Headquarters in Troy, Michigan. ... Continue reading
Microphonics Makes Announcement
Microphonics is pleased to announce that it has entered into a contractual agreement with F&M MAFCO Inc. as a flagship distributor of the Ultraphonics 111RCK Ultrasound diagnostic system. ... Continue reading
Mitsubishi Motors' Eclipse is Back in its Origin State of Illinois
Mitsubishi Motors is celebrating 10 years of Eclipse in the vehicle's home state of Illinois. ... Continue reading
MSX International, Inc. Acquires Interest in CADFORM GmbH
MSX International, Inc., announced that it has acquired an interest in CADFORM GmbH, a German company providing product design and tooling services to the automotive industry. ... Continue reading
NASCAR GDS: DANA to Sponsor Mike Swaim Sr. in Goody's Dash Race
NASCAR GDS: DANA to Sponsor Mike Swaim Sr. in Goody's Dash Race ... Continue reading
NASCAR GDS: Goody's Dash Series Practice Times
NASCAR GDS: Goody's Dash Series Practice Times ... Continue reading
New Online Auction is Home for America's Car Culture
Whether you are looking for a scale model Harley-Davidson, or one of thousands of other automobilia collectibles, Mobilia.com is the place for you. ... Continue reading
Nissan North America provided a sneak peek of the near future of the family sedan today with the debut of the 2000 Nissan Maxima. ... Continue reading
NSF International Offers QS-9000 TE Supplement Registrations
NSF International Strategic Registrations, Ltd. has received accreditation of its Tooling and Equipment (TE) Supplement registration program from the American National Standards Institute -- Registrar Accreditation Board (ANSI-RAB). ... Continue reading
Production of the Mazda Miata Reaches 500,000 Units
Mazda North American Operations announced that Mazda Motor Corporation has reached production of 500,000 units of the Mazda Miata, making it the world's favorite sports car based on a decade of cumulative production. ... Continue reading
Regular Dividend Declared on Cooper Tire Stock
The board of directors of Cooper Tire & Rubber Company declared a quarterly dividend of 10.5 cents per share on common stock, payable March 31, 1999 to stockholders of record March 8, 1999. ... Continue reading
SAE Will Honor 12 Engineering Educators
The Society of Automotive Engineers (SAE) will give 12 outstanding engineering educators from across the country the 1999 Ralph R. Teetor Educational Award at the 1999 SAE International Congress & Exposition in Detroit, Michigan. ... Continue reading
Schrader Grabs Pole for NAPA Auto Parts 300
Veteran Winston Cup racer Kenny Schrader drove his Oakwood Homes Chevrolet to the pole position for Saturdays's NAPA Auto Parts 300. With a time of 47.402 seconds for a speed of 189.865mph Schrader nicked the time of Randy LaJoie who turned in a lap of 47.453 seconds. ... Continue reading
Six BMW Models Recognized for Best Overall Value
BMW has captured six IntelliChoice Best Overall Value of the Year (BOVY) awards, with the 1999 323i sedan and the 1999 M3 convertible topping "The Best Overall Value of the Year" in their respective categories. ... Continue reading
Smart Choice Automotive Group Reports Record Results for 1998
Smart Choice Automotive Group, Inc., a leading consolidator in the "dealer-financed" used car retailing industry in Florida, announced record revenues and earnings for 1998. ... Continue reading
Stewart Leads Tuesday Practice Times for Daytona 500
During today's practice session for the Daytona 500, Stewart showed the rest of the field that his outside pole position was deserved. Stewart's time of 46.940 seconds was the only time to break into the 46 second barrier. ... Continue reading
Strattec Security Corporation Reports Organizational Changes
Following a meeting of its Board of Directors, STRATTEC SECURITY CORPORATION announced the following changes to its management structure. ... Continue reading
Subaru Reveals Forester Woody Concept Car
Subaru of America, Inc. today revealed the Subaru Forester Woody concept car in celebration of the twenty-fifth anniversary of its first four-wheel drive passenger car in America. ... Continue reading
TACH Report: Saab, Scott Goodyear, U.S. Grand Prix
Saab Has Big Sales Increase, IRL Racer Goodyear on the Tube, Ford Like U.S. GP ... Continue reading
TBK and Johnson Controls Partner for Leadership
Tokyo Biso Kogyo Corp. (TBK) and Johnson Controls, Inc. will officially launch their new Integrated Facility Management business partnership on February 10, 1999. ... Continue reading
Teleflex Reports 1998 Results; Twenty-fourth Consecutive Record Year
Teleflex Incorporated reported that revenues for the year ended December 27, 1998 increased 25% to $1.4 billion compared to $1.1 billion in 1997. ... Continue reading
Toyota Unveils Two New Car Concepts
Toyota Motor Sales (TMS), U.S.A., Inc., unveiled the Camry Solara convertible and MR-Spyder sports car concept vehicle at the Chicago Auto Show. ... Continue reading
TRACKS: Lowe's Home Improvement Secures Naming Rights to Charlotte Motor Speedway
TRACKS: Lowe's Home Improvement Secures Naming Rights to Charlotte Motor Speedway ... Continue reading
TRANS-AM: Amerisuites to Sponsor American Spirit Racing in '99
TRANS-AM: Amerisuites to Sponsor American Spirit Racing in '99 ... Continue reading
Ugly Duckling Corporation Announces 1998 Results
Ugly Duckling Corporation reported results from operations for its fourth quarter and year ended December 31, 1998. ... Continue reading
U.S. Automotive Manufacturing, Inc. Announces Reverse Stock Split
U.S. Automotive Manufacturing, announced that the Company's stockholders, at a special meeting of the stockholders held Feb 5, 1999, voted in favor of a 1 for 15 reverse split of the Company's issued and outstanding common stock. ... Continue reading
Valeo: Strong Rise in 1998 Results
Valeo's Board of Directors, meeting on February 10, 1999, closed the Group's consolidated accounts for 1998. ... Continue reading
Weaver Takes Pole for Goody's Dash Sereies Discount Auto Parts 200
With first round of Goody's Dash Series qualifying complete, Scott Weaver of Shelby, N.C. will start his No. 2 Weaver Race Cars Pontiac on the Bud Pole for Friday's 21st Annual Discount Auto Parts 200 Presented by AC Delco Rapidfire at Daytona International Speedway in Daytona Beach, Fla. ... Continue reading
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