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April 1999

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Friday, April 9, 1999

Acordia to Feature its IRL Insurance Program at RIMS

Acordia to Feature its IRL Insurance Program at RIMS

Acordia, Inc., America's largest privately held insurance brokerage firm, will be featuring the Indy Racing League "On Track Physical Damage Insurance Program" at this year's RIMS Conference. ... Continue reading

Algoma Steel Inc. -- Company Announcement

Algoma Steel Inc. -- Company Announcement

Algoma Steel Inc. announced that new one-year collective agreements with United Steelworkers Locals 2251 and 2724 were ratified by the membership of the two locals in votes held on April 8th. ... Continue reading

Autoline Detroit Analyzes the First 100 Days

Autoline Detroit Analyzes the First 100 Days

Sunday Morning April 11 on Detroit Public Television, Autoline Detroit with John McElroy analyzes the first 100 days of the new Ford Motor Company's management team. ... Continue reading

AUTO QUESTIONS AND ANSWERS FOR WEEK 15

AUTO QUESTIONS AND ANSWERS FOR WEEK 15

AUTO QUESTIONS AND ANSWERS FOR WEEK 15 ... Continue reading

BancBoston Gives Strong Quarter Outlook for Rental Car Group

BancBoston Gives Strong Quarter Outlook for Rental Car Group

BancBoston Robertson Stephens senior automobile services analyst Jordan Hymowitz gave a strong quarter outlook for the rental car group, including Hertz, Avis and Dollar Thrifty. ... Continue reading

Budget Group Announces Pricing of $400 Million of Senior Notes

Budget Group Announces Pricing of $400 Million of Senior Notes

Budget Group, Inc. announced the issuance of $400 million of Senior Notes due 2006. The notes were priced to yield 9.125%. ... Continue reading

Buick Regal Sponsors "Working Mother of the Year" Award

Buick Regal Sponsors "Working Mother of the Year" Award

For the third consecutive year, Buick's Regal brand will be the presenting sponsor of WORKING MOTHER magazine's 1999 Working Mother of the Year award. ... Continue reading

Car and Driver's 1999 10Best Tour

Car and Driver's 1999 10Best Tour

Car and Driver magazine will kick off its annual "10Best Tour Across America" Friday, April 9. Over the next three months, vehicles from the magazine's 10Best program will go on display at select shopping centers nationwide. ... Continue reading

CART: Mercedes and Gugelmin Fast in Japan

CART: Mercedes and Gugelmin Fast in Japan

CART: Mercedes and Gugelmin Fast in Japan ... Continue reading

CART: Paul Tracy 3rd and Dario Franchitti 12th in Practice

CART: Paul Tracy 3rd and Dario Franchitti 12th in Practice

CART: Paul Tracy 3rd and Dario Franchitti 12th in Practice ... Continue reading

CART: Team Gordon Practice Notes, Japan

CART: Team Gordon Practice Notes, Japan

CART: Team Gordon Practice Notes, Japan ... Continue reading

CCC Installs 15,000th Pathways(R) Collision Estimating System

CCC Installs 15,000th Pathways(R) Collision Estimating System

CCC Information Services Inc., the leading provider of solutions to the automotive claims industry, announced that it has installed the 15,000th Pathways Collision Estimating System. ... Continue reading

Consumers in World Markets Made Ford the Export Sales Leader 1998

Consumers in World Markets Made Ford the Export Sales Leader 1998

Consumer preference for Ford cars and trucks in markets around the world put Ford at the top of the 1998 list of exporters of built-up vehicles from the United States and Canada. ... Continue reading

Corporate Profile for Cooper Tire & Rubber Company

Corporate Profile for Cooper Tire & Rubber Company

Company description: Founded in 1914, Cooper Tire & Rubber Company specializes in the manufacturing and marketing of rubber products for consumer use. ... Continue reading

DaimlerChrysler Announces New Sales Incentives

DaimlerChrysler Announces New Sales Incentives

DaimlerChrysler Corporation announced new additions and enhancements to its national consumer incentives program, which offers cash allowances or reduced interest rate financing to buyers of certain vehicles. ... Continue reading

DaimlerChrysler Reports Plant Schedule for Week of April 12, 1999

DaimlerChrysler Reports Plant Schedule for Week of April 12, 1999

DaimlerChrysler Corporation reports all nine U.S. assembly plants and all three Canadian assembly plants will operate the week of April 12, 1999. ... Continue reading

Dana Stock Highest-Ranking Automotive Supplier Among Top 100

Dana Stock Highest-Ranking Automotive Supplier Among Top 100

Dana Corporation common stock is one of the 100 most popular and widely held issues among investment clubs of the National Association of Investors Corporation (NAIC) and its members nationwide. ... Continue reading

Delphi's Leading Ergonomics Expert To Lead SAE Committee

Delphi's Leading Ergonomics Expert To Lead SAE Committee

One of Delphi Automotive Systems' leading ergonomics experts becomes the new chairperson of the Society of Automotive Engineers' (SAE) Human Factors Committee. ... Continue reading

'Do The Buckle' Celebrates One Year Of Safety Eduacation

'Do The Buckle' Celebrates One Year Of Safety Eduacation

The "Do the Buckle" safety tour returns to the New York Auto Show, one year after its launch, to highlight the program's success and stress the importance of traveling safely with children. ... Continue reading

Eaton Introduces Two New Transmissions

Eaton Introduces Two New Transmissions

The Truck Components Operations of Eaton Corporation recently introduced two new transmissions -- one for the heavy duty market and one for the medium duty market. ... Continue reading

Federal-Mogul Hosts Clothing Drive Fund Raiser for Big Brothers Big Sisters

Federal-Mogul Hosts Clothing Drive Fund Raiser for Big Brothers Big Sisters

Federal-Mogul Corporation is hosting a used clothing drive fund raiser April 12-16, 1999 to benefit Big Brothers Big Sisters of Metropolitan Detroit. ... Continue reading

Ford Declares Second-Quarter Dividends

Ford Declares Second-Quarter Dividends

The Board of Directors of Ford Motor Company has declared a second-quarter dividend of 46 cents a share on the company's Class B and common stock. The dividend is the same as paid in the first quarter of 1999. ... Continue reading

Former President of GM Europe Joins SDC for Tatra Acquisition

Former President of GM Europe Joins SDC for Tatra Acquisition

SDC International, Inc. announced that Richard Donnelly, who retired March 31st as President of General Motors Europe, has joined SDC International's management team as a Strategic Board Advisor. ... Continue reading

Former President of GM Europe Joins SDC for Tatra Acquisition

Former President of GM Europe Joins SDC for Tatra Acquisition

SDC International Inc. announced that Richard Donnelly, who retired March 31st as President of General Motors Europe, has joined SDC International's management team as a Strategic Board Advisor. Donnelly is, also, a shareholder of SDC. ... Continue reading

Gene Auerbach Named AutoZone's Senior Vice President, Store Development

Gene Auerbach Named AutoZone's Senior Vice President, Store Development

AutoZone, Inc. announced Gene Auerbach, 54, has joined the company as senior vice president, store development. ... Continue reading

Goodguys 2nd Southwest Nationals

Goodguys 2nd Southwest Nationals

Goodguys 2nd Southwest Nationals is a giant outdoor gathering of over 1,500 1972 and earlier hot rods, custom cars, classics and early muscle cars from the late 60s and early 70s. ... Continue reading

Hot Lexus Sales Make it the Top Luxury Brand For First Quarter '99

Hot Lexus Sales Make it the Top Luxury Brand For First Quarter '99

With sales of 41,316, Lexus sold more vehicles in the first three months of 1999 than any other luxury make, marking the first time the brand has outpaced rivals Mercedes-Benz, BMW, Lincoln and Cadillac for a full quarter. ... Continue reading

IHRA: Stu Evans/Ford Credit One-Car Team Makes First Official Appearance This Weekend

IHRA: Stu Evans/Ford Credit One-Car Team Makes First Official Appearance This Weekend

IHRA: Stu Evans/Ford Credit One-Car Team Makes First Official Appearance This Weekend ... Continue reading

IRL: Indianapolis 500 veteran Crawford to help Brant Racing develop car

IRL: Indianapolis 500 veteran Crawford to help Brant Racing develop car

IRL: Indianapolis 500 veteran Crawford to help Brant Racing develop car ... Continue reading

IRL: Schroeder Creating New Memories at Rookie Test

IRL: Schroeder Creating New Memories at Rookie Test

IRL: Schroeder Creating New Memories at Rookie Test ... Continue reading

IRL: Steele Passes Indy Rookie Test

IRL: Steele Passes Indy Rookie Test

IRL: Steele Passes Indy Rookie Test ... Continue reading

IRL: Stewart, Ward Lead List of Recent Entries for Indy 500

IRL: Stewart, Ward Lead List of Recent Entries for Indy 500

IRL: Stewart, Ward Lead List of Recent Entries for Indy 500 ... Continue reading

Lear's GM Division Named General Motors' 1998 Supplier of the Year

Lear's GM Division Named General Motors' 1998 Supplier of the Year

For the third time and the second consecutive year, Lear Corporation has been named General Motors' Supplier of the Year. ... Continue reading

LucasVarity Automotive Receives State Safety and Health Recognition

LucasVarity Automotive Receives State Safety and Health Recognition

LucasVarity Automotive has become the first company in the state to receive a Michigan Voluntary Protection Programs (MVPP) Merit Program plaque for its excellent safety and healthrecord. ... Continue reading

NASCAR WCUP: Jerry Nadeau/Melling Racing Bristol Notes

NASCAR WCUP: Jerry Nadeau/Melling Racing Bristol Notes

NASCAR WCUP: Jerry Nadeau/Melling Racing Bristol Notes ... Continue reading

NASCAR WCUP: Square D Racing Review/Preview

NASCAR WCUP: Square D Racing Review/Preview

NASCAR WCUP: Square D Racing Review/Preview ... Continue reading

Natural Gas Prices Remain Steady as Gasoline Prices Soar

Natural Gas Prices Remain Steady as Gasoline Prices Soar

The nation has seen a dramatic increase in retail gasoline prices over the last several weeks, while the price that vehicle owners have been paying for natural gas has remained steady. ... Continue reading

New Ad Campaign 'Driven' by Nissan's Rebirth

New Ad Campaign 'Driven' by Nissan's Rebirth

Nissan North America, Inc., announced the launch of a nationwide advertising campaign beginning in mid-April, with the new tagline "Driven" and featuring the dynamic head of Nissan's design studio, Jerry Hirshberg. ... Continue reading

Panasonic and Car Toys Launch First-Ever Mobile DVD Theater

Panasonic and Car Toys Launch First-Ever Mobile DVD Theater

Panasonic and Car Toys kicked off sales of a new mobile DVD theater -- an in-dash DVD player, processor and rear monitor -- the first of its kind available to U.S. consumers. ... Continue reading

Parker Hannifin Declares Cash Dividend

Parker Hannifin Declares Cash Dividend

The Board of Directors of Parker Hannifin Corporation declared a regular quarterly cash dividend of $0.17 per share of common stock payable June 4, 1999, to shareholders of record as of May 20. ... Continue reading

PARTS Trucks: Unique Racing Truck Gains National Attention

PARTS Trucks: Unique Racing Truck Gains National Attention

PARTS Trucks: Unique Racing Truck Gains National Attention ... Continue reading

Secom General Expects to Report One to Three Cent Operating Profit

Secom General Expects to Report One to Three Cent Operating Profit

Secom General Corporation announced it expects to earn from one to three cents per share for its second quarter ended Mar. 31, 1999, compared to a net loss of $0.73 per share in the same quarter last year. ... Continue reading

Suzuki Reports 12 Percent Sales Increase for 1998 Fiscal Year

Suzuki Reports 12 Percent Sales Increase for 1998 Fiscal Year

The Automotive Division of American Suzuki Motor Corporation (ASMC) reports U.S. sales of 36,346 for the 1998 fiscal year end, representing a 12 percent increase over fiscal year 1997. ... Continue reading

Textron Acquires Flexalloy

Textron Acquires Flexalloy

Textron Inc. announced the acquisition of Flexalloy, a distributor and provider of vendor managed inventory (VMI) services for the North American fastener market. ... Continue reading

Textron Appoints Three Asian Business and Political Leaders

Textron Appoints Three Asian Business and Political Leaders

Textron Inc. announced the appointment of three prominent Asian business and political leaders to the company's International Advisory Council (IAC). ... Continue reading

The Bombardier Traxter Named ATV of the Year

The Bombardier Traxter Named ATV of the Year

Bombardier Recreational Products is proud to announce that last March 25, its Traxter model all terrain vehicle was voted ATV of the year by ATV Magazine. ... Continue reading

The Magni Group's Fastener Coatings Make Aluminum Viable

The Magni Group's Fastener Coatings Make Aluminum Viable

As the automotive industry moves toward increasing aluminum content for weight reduction in vehicles, design engineers are continually faced with the problem of bi-metallic corrosion. ... Continue reading

Tilden Associates, Inc. Reports Profitable 1998

Tilden Associates, Inc. Reports Profitable 1998

Tilden Associates, Inc. reported a net profit of $174,549, or $0.02 per share, from revenues of $1,041,534 for the year ended December 31, 1998, versus a loss of $281,994 or a loss of $.0375, from revenues of $74,693 for the year 1997. ... Continue reading

Tracks: Bloomington Speedway Schedules Discount Nights for IRL Crew

Tracks: Bloomington Speedway Schedules Discount Nights for IRL Crew

Tracks: Bloomington Speedway Schedules Discount Nights for IRL Crew ... Continue reading

UPDATE: NISSAN/RENAULT, FERRARI, HYUNDAI, FORD

UPDATE: NISSAN/RENAULT, FERRARI, HYUNDAI, FORD

UPDATE: NISSAN/RENAULT, FERRARI, HYUNDAI, FORD ... Continue reading

Voluntary Recall of Subaru 1998-1999 Forester and Legacy Vehicles

Voluntary Recall of Subaru 1998-1999 Forester and Legacy Vehicles

Subaru of America, Inc. announced a voluntary recall campaign on its 1998-1999 model year Forester and Legacy vehicles, including Outback models. ... Continue reading

Wal-Mart Names GNB Technologies as Automotive Vendor of the Year

Wal-Mart Names GNB Technologies as Automotive Vendor of the Year

GNB Technologies has been selected by Wal-Mart Stores, Inc. as one of its Vendors of the Year for FY99. ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

Vehicle production this week in the U.S., Canada and Mexico is expected to hit an est. 329,416 units -- a shortened work week for only some manufacturers -- up from the 290,633 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

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