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March 1999

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Wednesday, March 31, 1999

2000 Subaru Legacy GT Makes North American Debut

2000 Subaru Legacy GT Makes North American Debut

Subaru of America Inc. introduced the all-new 2000 Legacy GT sedan and wagon at the New York International Auto Show. ... Continue reading

All-New 2000 Infiniti I30 Sets New Standard for Mid-Size Luxury Sedans

All-New 2000 Infiniti I30 Sets New Standard for Mid-Size Luxury Sedans

Infiniti introduced the second generation of its popular mid- size luxury sedan, the Infiniti I30, at a press conference at the 1999 New York Auto Show. ... Continue reading

AMA: Honda Challenge of Laguna Seca

AMA: Honda Challenge of Laguna Seca

AMA: Honda Challenge of Laguna Seca ... Continue reading

American Axle & Manufacturing Closes on Receivables

American Axle & Manufacturing Closes on Receivables

American Axle & Manufacturing Holdings, Inc. announces the closing of the resyndication of a revolving receivables facility by AAM Receivables Corp., its indirect wholly owned subsidiary. ... Continue reading

ASHA Corporation Elects Wiley McCoy to Board of Directors

ASHA Corporation Elects Wiley McCoy to Board of Directors

The Board of Directors of ASHA Corporation/McLaren Engines, Inc. have announced the election of Mr. Wiley R. McCoy to the Board. ... Continue reading

AutoInfo, Inc. Announces 1998 Year End Results

AutoInfo, Inc. Announces 1998 Year End Results

AutoInfo, Inc. announced results of its operations for the year ended December 31, 1998. ... Continue reading

Borg-Warner Automotive Back on Growth Track

Borg-Warner Automotive Back on Growth Track

Borg-Warner Automotive announced that it expects first quarter 1999 earnings to surpass current First Call estimates of $1.18 per share by an estimated 10%. ... Continue reading

BREED Announces Results of Meeting With Lending Group

BREED Announces Results of Meeting With Lending Group

BREED Technologies, Inc. one of the world's largest manufacturers of automotive occupant restraints, announced that the company has obtained a waiver of certain financial covenants related to its credit facility. ... Continue reading

Budget Truck Rental Raises Rates 9% Nationwide

Budget Truck Rental Raises Rates 9% Nationwide

Budget Rent a Car Corporation, a wholly owned subsidiary of Budget Group, Inc., announced it will raise its one-way truck rental rates by nine percent on average in all locations and mileage ranges, effective April 6, 1999. ... Continue reading

Bullhide Liner Announces a Min Increase of $1.1M in Annual Revenues

Bullhide Liner Announces a Min Increase of $1.1M in Annual Revenues

The Bullhide Liner Corp. announced that it has signed an agreement with its second original equipment manufacturer (OEM) in the state of Colorado. ... Continue reading

Carey International Announces Record First Quarter Results

Carey International Announces Record First Quarter Results

Carey International, Inc. reported record results for the first quarter ended February 28, 1999. ... Continue reading

Compak & Webcor Achieve Dual Quality Certifications

Compak & Webcor Achieve Dual Quality Certifications

Robert Sibilsky, Vice President and General Manager of Compak Inc. & Webcor Packaging Corp., recently announced the achievement of receiving QS9000 and IS09001 certification. ... Continue reading

Creative Master Announces Opening of Factory #5 Ahead of Schedule

Creative Master Announces Opening of Factory #5 Ahead of Schedule

Creative Master International, Inc. announced that it has opened Factory #5 and that its initial shipments of finished products were shipped last week from the factory, ahead of schedule. ... Continue reading

DaimlerChrysler Expects Steady Growth in Key Markets

DaimlerChrysler Expects Steady Growth in Key Markets

DaimlerChrysler Chairman Juergen E. Schrempp emphasized that the company's integration is proceeding rapidly and successfully. Schrempp stated, "Integration is right on track. ... Continue reading

Delphi Invests $12.4 Million in Mexican Automotive Suspension Venture

Delphi Invests $12.4 Million in Mexican Automotive Suspension Venture

Delphi Automotive Systems announced they are increasing their penetration into the automotive aftermarket business by investing $US 12.4 million in Gabriel de Mexico S.A. de C.V., a Mexican automotive damper and suspension module manufacturer. ... Continue reading

Delphi Manufacturing Facility Becomes ISO 14001 Certified By BSI

Delphi Manufacturing Facility Becomes ISO 14001 Certified By BSI

Delphi Energy & Engine Management Systems' Grand Rapids facility, which produces hydraulic valve lifters for passenger car and truck engines, became the first Delphi plant in the U.S. to receive ISO 14001 certification. ... Continue reading

E.T., Extraterrestrial Returns to Earth as Driving Safety Ambassador

E.T., Extraterrestrial Returns to Earth as Driving Safety Ambassador

Press conference unveiling new PSA featuring E.T. -- The Extra Terrestrial, encouraging kids to use seat belts, a result of an agreement between Progressive Insurance, Universal Studios and Amblin Entertainment. ... Continue reading

Federal Judge Approves Class Action Settlement Against ADP

Federal Judge Approves Class Action Settlement Against ADP

United Recyclers Group, L.L.C. (URG) announced that the Honorable Charles Weiner, Federal District Judge in Philadelphia has approved the settlement of a class action suit against ADP. ... Continue reading

Fidelity Holdings Reports Record Year-end Results

Fidelity Holdings Reports Record Year-end Results

FidelityHoldings, Inc. reported record revenues and earnings for the fiscal year ended December 31, 1998. ... Continue reading

Ford Completes Acquisition of Volvo Cars

Ford Completes Acquisition of Volvo Cars

Ford Motor Company and AB Volvo completed the sale of Volvo Cars to Ford. Volvo Cars is now part of Ford's Premier Automotive Group, which also includes Aston Martin, Jaguar and Lincoln. ... Continue reading

Ford Conducts Alternative Fuel Training Course

Ford Conducts Alternative Fuel Training Course

Ford Motor Company began the first of a two-day training course to certify SunLine Transit Agency as an in-house maintenance provider for various types of Ford-certified alternative fuel vehicles. ... Continue reading

Ford Credit First to Offer Internet Trading

Ford Credit First to Offer Internet Trading

When Denise Hammond, West Bloomfield Township treasurer, wanted to invest taxpayer funds in commercial paper, she used to spend minutes on the phone completing a transaction. ... Continue reading

Gas Prices Skyrocket in Northern California, Says AAA

Gas Prices Skyrocket in Northern California, Says AAA

Gas prices in Northern California cities shot skyward in recent weeks, approaching all-time highs set three years ago, AAA of Northern California reported. ... Continue reading

GenCorp Board Declares Dividend

GenCorp Board Declares Dividend

The board of directors of GenCorp Inc. declared a quarterly cash dividend of fifteen cents per share on the issued and outstanding $0.10 par value common stock of the company payable May 28, 1999 to shareholders of record on May 3, 1999. ... Continue reading

Gentex Named 1998's Best-Performing Auto-Parts Stock

Gentex Named 1998's Best-Performing Auto-Parts Stock

Gentex Corporation has received the Morgan Stanley Dean Witter Award for the Best Automotive Component Company Stock Performance in 1998. ... Continue reading

Goodyear Licenses Optisystems' Energizer PME for R/3 for Enterprise Use

Goodyear Licenses Optisystems' Energizer PME for R/3 for Enterprise Use

OptiSystems Solutions Ltd., a global leader in enterprise application performance management software, announced that The Goodyear Tire and Rubber Company, an Energizer PME for R/3 customer, has extended its license for Enterprise use. ... Continue reading

Guaranty National to Change Name to OrionAuto

Guaranty National to Change Name to OrionAuto

Guaranty National, one of the top nonstandard automobile insurance companies in the country, has announced plans to change its name to OrionAuto effective April 1. ... Continue reading

IRL: Buhl, Harrington Give Infiniti a Day in the Sun at Phoenix

IRL: Buhl, Harrington Give Infiniti a Day in the Sun at Phoenix

IRL: Buhl, Harrington Give Infiniti a Day in the Sun at Phoenix ... Continue reading

Kia KMS-4 Concept Coupe Shows Economy Doesn't Have to be Dull

Kia KMS-4 Concept Coupe Shows Economy Doesn't Have to be Dull

Economy cars have often been called "penalty boxes," but the Kia KMS-4 concept coupe, which has its North American debut at the New York International Auto Show, proves that economy cars don't have to be dull. ... Continue reading

Live TV On The Net Coverage of Palm Springs Classic Car Auction & Shows

Live TV On The Net Coverage of Palm Springs Classic Car Auction & Shows

The Auto Channel, in cooperation with Spectrum Auction Company will present the 5th Annual Palm Springs Car Classic to the screens of Internet users and car lovers all over the world. ... Continue reading

Manatee, Panther, Challenger Plates Lead in 1998 Sales

Manatee, Panther, Challenger Plates Lead in 1998 Sales

For the fourth year in a row, the most popular specialty tag in the state is the Manatee license plate, selling 140,891 plates and raising $2.1 million. Collectively, 40 specialty tags in 1998 raised more than $17.5 million. ... Continue reading

Michael E. Hicks Elected Senior VP and CFO of GenCorp

Michael E. Hicks Elected Senior VP and CFO of GenCorp

GenCorp announced that its board of directors has elected Michael E. Hicks to the position of Senior Vice President and Chief Financial Officer, effective immediately. Mr. Hicks has served this role in an acting capacity since February 12. ... Continue reading

Mitsubishi Motors Introduces All-New 2000 Eclipse

Mitsubishi Motors Introduces All-New 2000 Eclipse

The all-new 2000 Mitsubishi Eclipse is a bold, aggressively styled sports coupe that builds on its own heritage of affordable high performance while adding a new level of sophistication. ... Continue reading

NASCAR BGN: Buckshot Jones to substitute for Larry Pearson

NASCAR BGN: Buckshot Jones to substitute for Larry Pearson

NASCAR BGN: Buckshot Jones to substitute for Larry Pearson ... Continue reading

NASCAR: Larry Pearson Could Write a Book on Racing at Bristol

NASCAR: Larry Pearson Could Write a Book on Racing at Bristol

NASCAR: Larry Pearson Could Write a Book on Racing at Bristol ... Continue reading

NASCAR SJAPS: Changes announced for '99 All Pro Series Schedule

NASCAR SJAPS: Changes announced for '99 All Pro Series Schedule

NASCAR SJAPS: Changes announced for '99 All Pro Series Schedule ... Continue reading

NASCAR SJAPS: Teams Set to Get Season Underway

NASCAR SJAPS: Teams Set to Get Season Underway

NASCAR SJAPS: Teams Set to Get Season Underway ... Continue reading

NASCAR WCUP: Buckshot Jones Rolls Into Thunder Valley Looking For Strong Finish

NASCAR WCUP: Buckshot Jones Rolls Into Thunder Valley Looking For Strong Finish

NASCAR WCUP: Buckshot Jones Rolls Into Thunder Valley Looking For Strong Finish ... Continue reading

NHRA: Fired Up Densham Ready for Houston

NHRA: Fired Up Densham Ready for Houston

NHRA: Fired Up Densham Ready for Houston ... Continue reading

NHRA: Schumacher to Debut New Exide Dragster in Houston

NHRA: Schumacher to Debut New Exide Dragster in Houston

NHRA: Schumacher to Debut New Exide Dragster in Houston ... Continue reading

NHRA: The Warren Report: O'Reilly Nationals Edition

NHRA: The Warren Report: O'Reilly Nationals Edition

NHRA: The Warren Report: O'Reilly Nationals Edition ... Continue reading

Optek Technology, Inc. Announces Strategic Management Changes

Optek Technology, Inc. Announces Strategic Management Changes

Optek Technology, Inc. announced a major step in its organizational development with the appointment of two key executives to newly created positions. ... Continue reading

Original 1924 Chrysler Six Debuts at the New York Auto Show

Original 1924 Chrysler Six Debuts at the New York Auto Show

Seventy five years after being initially denied entrance to the New York Auto Show, Walter P. Chrysler's original 1924 Chrysler Six finally makes its debut on the show floor on March 30, 1999. ... Continue reading

Pronounced Technologies Licenses Navigation Smart Chip to Eclipse

Pronounced Technologies Licenses Navigation Smart Chip to Eclipse

Pronounced Technologies, developer of the AudioNav(TM), has licensed its AudioNav smart chip to Eclipse(TM) by Fujitsu Ten (TM) for inclusion in the Eclipse Commander in-vehicle voice- interactive computer. ... Continue reading

Ritchie Bros. Holds Large Las Vegas Auction

Ritchie Bros. Holds Large Las Vegas Auction

Ritchie Bros. Auctioneers Incorporated announces results from its Las Vegas auction held Monday. ... Continue reading

Select International Offers New York Auto Show Preview

Select International Offers New York Auto Show Preview

On Wednesday, March 31, 1999 from 4:00-4:30 PM on Galaxy 6, Transponder 9 (C-Band) and SBS 6, Transponder 15 (KU-Band), get a first look at the car of the future. ... Continue reading

Simula Inc. Completes Placement of Convertible Preferred Stock

Simula Inc. Completes Placement of Convertible Preferred Stock

Simula Inc. announced that it has placed 7,500 shares of 6 percent Series A Convertible Preferred Stock with a private investor for net proceeds of $7.5 million. ... Continue reading

Simula Inc. Reports 1998 Financial Results; Company Anticipates Return to Profitability in First Quarter of 1999

Simula Inc. Reports 1998 Financial Results; Company Anticipates Return to Profitability in First Quarter of 1999

Simula Inc. announced financial results for the fourth quarter and year ended Dec. 31, 1998. ... Continue reading

Southern California Gas Prices Surge Upward

Southern California Gas Prices Surge Upward

Refinery closures, anticipated international production cutbacks and holiday travel demands have sent Southern California gas prices climbing upward an average of 14.5 cents per gallon in two weeks. ... Continue reading

Southern Company Launches Corporate Electric Vehicle Lease Program

Southern Company Launches Corporate Electric Vehicle Lease Program

Southern Company announced the largest corporate electric vehicle lease program in the United States, whereby 400 electric vehicles will be leased to employees at an affordable price over the next four years. ... Continue reading

SPX & Gateway Agree to Provide Computers to GM Dealers

SPX & Gateway Agree to Provide Computers to GM Dealers

Service Solutions, a unit of SPX Corporation announced an arrangement with Gateway to offer computer packages to GM Dealers through the GM Dealer Equipment program it administers for General Motors Corporation. ... Continue reading

The Aegis Consumer Funding Group, Inc. Announces Relocation

The Aegis Consumer Funding Group, Inc. Announces Relocation

The Aegis Consumer Funding Group, Inc. announced the relocation and consolidation of its executives, administrative offices, and operations center from Marietta, Georgia to the Tampa Bay, Florida area. ... Continue reading

Uni-Select Inc. Agrees to Buy Assets of Services Batteries Electriques

Uni-Select Inc. Agrees to Buy Assets of Services Batteries Electriques

Uni-Select is pleased to announce that, together with its members, it has agreed in principle to purchase the main assets of Services Batteries Electriques and Batteries Electriques Quebec. ... Continue reading

UnitedAuto Reports Results for Fourth Quarter and 1998

UnitedAuto Reports Results for Fourth Quarter and 1998

UnitedAuto Group, Inc., the nation's second largest publicly traded automotive retailer, announced results for the fourth quarter and year ended December 31, 1998. ... Continue reading

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