Thursday, April 15, 1999

1999 FIA Cup for Thoroughbred Grand Prix Cars

1999 FIA Cup Thoroughbred Grand Prix Cars ... Continue reading

1999 PPG-Dayton Indy Lights Championship

1999 FIA Cup Thoroughbred Grand Prix Cars ... Continue reading

Advanced Accessory Systems Announces Executive Appointments

The Board of Managers of Advanced Accessory Systems announced the appointment of Terence C. Seikel, formerly Chief Financial Officer, as President and Chief Executive Officer. ... Continue reading

AK Steel Names H. J. Rossi Director, Quality Assurance

AK Steel said Henry J. Rossi, 45, was named director, quality assurance. He will have responsibility for all the company's quality assurance activities and functions in the new position. ... Continue reading

American Axle & Manufacturing and UAW to Add Jobs

American Axle & Manufacturing, Inc. and the United Auto Workers (UAW) Local 846 announce the ratification of a local operating agreement for future UAW-AAM workers at a new facility in Cheektowaga, New York. ... Continue reading

Arvin Industries Elects Hunt Chairman of the Board

Arvin Industries, Inc. , reported that V. William Hunt was elected Chairman of the Board of Directors following Arvin's Annual Meeting. ... Continue reading

Barnes Group Stockholders Reelect Three to Board of Directors

Thomas O. Barnes, chairman of the board, Barnes Group Inc. announced the reelection of three directors, for three-year terms expiring in the year 2002. ... Continue reading

Briggs & Stratton Reports Results for Q3 And 9 Months of Fiscal 1999

Net income for the third quarter was 17% higher than for last year's third quarter. Earnings per share increased 23%. Net sales were up just 2%. Engine unit shipments were down 8%. ... Continue reading

Canadian Auto Workers Occupy Auto Parts Factory

Members of the Canadian Auto Workers Union, Local 1325, occupied at 5:30 a.m. the Stratford Ontario Canadian Fabrication plant (a division of Johnson Controls) which supplies seat covers to Chrysler's Bramalea plants. ... Continue reading

Carlisle Companies Reports A Record First Quarter

Carlisle Companies Inc. reported record earnings of $21.8m, or diluted earnings per share of $.71, for its first quarter ending March 31, 1999, an increase of 15% over 1998 earnings of $19.0 million, or diluted earnings per share of $.62. ... Continue reading

CART: Driver Standings, April 15

CART: Driver Standings, April 15 ... Continue reading

Cummins Engine Reports Earnings of 63 Cents Per Share for Q1

As anticipated last week at its annual shareholders meeting, Cummins Engine Co. Inc. reported first-quarter earnings of 63 cents per share, or $24 million profit after taxes, on sales of $1.5 billion. ... Continue reading

DaimlerChrysler Green with Innovation for Earth Day 1999

To a casual observer, this Dodge Stratus appears to be the same mid-size sedan populating driveways and garages throughout the country. ... Continue reading

Delphi: Famar Earns GM Supplier-of-the-Year Award for Radios

Famar Fueguina, S.A. Delphi Delco Electronics Systems was recently named General Motors Supplier of the Year for 1998 and received the GM Supplier-of-the-Year award for cassette and CD radios produced at its facility in Rio Grande, Tierra del Fuego. ... Continue reading

Delphi Reports 12%Pro Forma Increase in Quarterly Earnings

A strong North American market coupled with aggressive cost- reduction more than offset the impact of the economic downturn in South America as Delphi Automotive Systems reported net income for the first three months of 1999 grew to $284 million. ... Continue reading

Dow Announces New Corrosion-Inhibited Deicer

A new corrosion-inhibited deicer is being introduced by The Dow Chemical Company for highway anti-icing applications as well as for rock salt and abrasive prewetting and stockpile wetting applications. ... Continue reading

Eastern Europe Bus Problem to Be Solved by 'Pulse Charge'

BAT International announced that engines modified with its long-awaited Dolphin Pulse Charge technology are achieving breakthrough fuel efficiency. ... Continue reading

Eaton Earns $84 Million On Sales of $1.66 Billion

Eaton Corporation announced that first quarter 1999 earnings per share were $1.17, down 18 percent from last year's first quarter record $1.42 per fully diluted share. ... Continue reading

Electrical, Electronics Excellence Drives Delphi To Earn Six GM Awards

Electrical and electronics excellence has led Delphi Automotive Systems to earn six 1998 "Supplier of the Year" awards from General Motors Corp. ... Continue reading

Exide Corporation to Settle Shareholder Suit

Exide Corporation announced it has reached an initial agreement on a shareholder lawsuit and will settle all claims for $10.25 million, payable by its insurance carrier. Final settlement is subject to court approval. ... Continue reading

Fairchild Semiconductor Completes Acquisition

Fairchild Semiconductor announced it has successfully completed the acquisition of Samsung Electronics' Power Device Division, for approximately $450 million. ... Continue reading

Federal Judge Makes Ruling in Electronic Commerce Patent Case

On April 9, 1999, Judge Larry J. McKinney of the United States District Court for the Southern District of Indiana issued an opinion that could have an effect on the way electronic commerce is currently being conducted on the Internet. ... Continue reading

Federal-Mogul Appoints Walter Reifenrother

Kevin Baird, vice president, Sealing Systems, Europe, Federal- Mogul Corporation announces the appointment of Walter Reifenrother to managing director, Sealing Systems, Herdorf, Germany, effective immediately. ... Continue reading

Ford Credit Earns $300 Million in the First Quarter, Up 8 Percent

Ford Credit earned $300 million in the first quarter of this year, up $22 million or 8 percent, from a year ago, Chairman and Chief Executive Officer Philippe Paillart announced. ... Continue reading

Ford Credit Europe Announces Leasing Venture in Russia

Ford Credit Europe (FCE), the banking arm of Ford Motor Company announced the establishment of a vehicle leasing venture in Russia. ... Continue reading

Ford's Q1 Operating Earnings Up 20 Percent To Record $1.8 Billion

Ford Motor Company reported record first quarter operating earnings of $1,814 million, or $1.46 per diluted share of common and Class B stock, up $300 million or 20 percent on a comparable basis. ... Continue reading

Formula One: Driver Standings, April 15

Formula One: Driver Standings, April 15 ... Continue reading

Fuel Cell Breakthrough to be Demonstrated by Southern States Power Co. in Mini-Van

Southern States Power Company announced that its joint venture company, Global Fuel Cell Corporation and its R&D partner, Anuvu, Incorporated will be able to make 300+ mile range, zero emission cars a reality very soon. ... Continue reading

General Bearing Announces Record Revenues For Q1

General Bearing Corporation reported a 60% increase in first quarter net income to $1,002,000, or $0.26 per diluted share, from $627,000, or $0.15 per diluted share, for the quarter a year ago. ... Continue reading

HISTORIC: Varac Vintage Festival-Mosport

HISTORIC: Varac Vintage Festival-Mosport ... Continue reading

IntelliChoice Announces April Gold Star Lease Winners

To give consumers a reason to get out of the weather and into a dealership, manufacturers are offering effective lease rates that are as low as 3.12%, helping make April an ideal time to lease a new car. ... Continue reading

IRL: No Place Like Home: Carlson Hits 225 MPH to Lead Final Day of Testing

IRL: No Place Like Home: Carlson Hits 225 MPH to Lead Final Day of Testing ... Continue reading

IRL: Pep Boys IRL Drivers Ready to Hit Top Speed at Charlotte

IRL: Pep Boys IRL Drivers Ready to Hit Top Speed at Charlotte ... Continue reading

Johnson Controls and Michelin Show Importance of Tire Pressure Monitoring

With the help of Michelin North America, officials from Johnson Controls demonstrated to automakers and members of the news media the importance of tire pressure monitoring, and the benefits of the company's Pressure Safety Information system. ... Continue reading

Liteglow Industries Inc. Record Sales and Profits

Lou Wiener, COO of Liteglow Industries Inc. announced record sales and profits for the first quarter of 1999, which represented a 137% increase in sales and a continuation of our planned month to month profitability in 1999. ... 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 June 7, 1999, to shareowners of record on May 17, 1999. ... Continue reading

Midas' First Quarter Net Income Up 55%

Midas, Inc., announced its results for the first quarter ended March 28, 1999. Net income for the quarter was $6.5 million, up 55 percent from the $4.2 million reported in 1998. ... Continue reading

MS Acquisition Corp Reports Fourth Quarter Results

MS Acquisition Corp, consisting of wholly owned subsidiaries AETNA Industries, Inc. and Sofedit SA, announced financial results for the fourth quarter and twelve months ended December 31, 1998. ... Continue reading

MTD Automotive Receives 1998 Supplier Target Achievement Award

MTD Automotive has received the 1998 Supplier Target Achievement Award from New United Motor Manufacturing, Inc. (NUMMI), a joint venture of Toyota and General Motors. ... Continue reading

NASCAR BGN: Driver Standings, April 15

NASCAR BGN: Driver Standings, April 15 ... Continue reading

NASCAR-CTS: Top 12 Speeds in Craftsman Truck Testing at Martinsville Speedway

NASCAR-CTS: Top 12 Speeds in Morning Craftsman Truck Testing at Martinsville Speedway ... Continue reading

NASCAR Trucks: Driver Standings, April 15

NASCAR Trucks: Driver Standings, April 15 ... Continue reading

NASCAR-WCUP: Gordon Looks to Continue Streak of Top Finishes at Martinsville

NASCAR-WCUP: Gordon Looks to Continue Streak of Top Finishes at Martinsville ... Continue reading

NASCAR-WCUP: Irwin Looking for a Brake at Martinsville

NASCAR-WCUP: Irwin Looking for a Brake at Martinsville ... Continue reading

NASCAR WCUP: Michael Waltrip hoping for a 'break-out' trip to Martinsville

NASCAR WCUP: Michael Waltrip hoping for a ... Continue reading

NASCAR Winston Cup: Driver Standings, April 15

NASCAR Winston Cup: Driver Standings, April 15 ... Continue reading

NHRA: Driver Standings, April 15

NHRA: Driver Standings, April 15 ... Continue reading

Nob Hill Toasts the California Mille

On April 25 from 4 to 6 p.m., the public can experience the excitement of vintage sports cars at "Nob Hill Toasts the California Mille." ... Continue reading

Noble Receives $50CDN Million Preferred Supplier Contract

Noble International, Ltd. announced that its Canadian operation, Tiercon Industries, Inc., has been awarded the initial contract under this agreement, the upper fascia for the GMT800 Chevrolet front bumper from A. G. Simpson Automotive, Inc. ... Continue reading

Open Road Radio

Open Road Radio ... Continue reading

O'Sullivan Corporation Reports 1999 Q1 Sales and Earnings Results

O'Sullivan Corporation reported consolidated sales and earnings for the first quarter ended March 31, 1999. ... Continue reading

Posi-Track Named One of the Top Products of 1998 by Heavy Equipment News

The Posi-Track MD2800 Series all-purpose crawler by All Season Vehicles, Inc. has been named by Heavy Equipment News as one of the top products of 1998. The Posi-Track is featured in the April 1999 issue of Heavy Equipment News. ... Continue reading

Retail Lexus Sales On Rise In Atlanta

Bolstered by growing demand for Lexus sport utility vehicles (SUV), Atlanta-area Lexus dealers report a 53-percent climb in March retail sales over the year-ago month. ... Continue reading

Retail Lexus Sales On Rise In South Florida

Bolstered by growing demand for Lexus sport utility vehicles (SUV), South Florida-area Lexus dealers report a 78-percent climb in March retail sales over the year-ago month. ... Continue reading

Simpson Industries Reports Record Sales and Earnings for the Q1

Simpson Industries, Inc. announced record sales of $133.1 million and net earnings of $5.7 million for the quarter ended March 31, 1999. ... Continue reading

Simula Reports Orders and Options for the First Quarter of 1999

Simula Inc. announced that for the first quarter ended March 31, 1999, it received approximately $47 million in new firm orders and options for products in all of its markets. ... Continue reading

Sorensen Providing Pit Lane Power to CART'S Team Rahal

SPX Service Solutions and Keating Technologies Announce Business Agreement

Service Solutions, a unit of SPX Corporation announced that they have reached an agreement with Keating Technologies, to supply inspection and emissions testing equipment for the emissions testing program in the Commonwealth of Massachusetts. ... Continue reading

Teleflex Announces Strong First Quarter Results

Teleflex Incorporated announced that revenues for the first quarter ended March 28, 1999 increased 13% to $392.2 million compared to $345.8 million for the first three months last year. ... Continue reading

The U.S. Economy Will Remain Solid During the First Half of 1999

U.S. economic growth is expected to remain solid, inflation will stay in check, consumer sentiment will remain healthy, and the Federal Reserve will keep its interest rate policy steady during the first half of 1999. ... Continue reading

Toyota Reports Best-Ever Certified Used Vehicle Sales

Toyota Motor Sales (TMS), U.S.A., Inc., reported the best-ever month in Toyota Certified Used Vehicle sales history and the first time it has sold more than 10,000 units in one month. ... Continue reading

Toyota USA Foundation Awards $255,000 in New Grants

Awards totaling $255,000 have been announced by the Toyota USA Foundation Board of Directors. ... Continue reading

TRW Sponsor of the Manufacturing Execution Systems Ass. Roundtable

TRW Integrated Supply Chain Solutions (ISCS) announced its premier sponsorship of the Manufacturing Execution Systems Association (MESA) International Roundtable #11. ... Continue reading

Understanding Credit Cards and Car Rental Insurance

When you rent a car in the United States, liability insurance is included in the rental but collision insurance is not. ... Continue reading

United Recyclers Group Celebrates Earth Day,

United Recyclers Group (URG), is joining forces with its Partners across North America to help celebrate Earth Day on April 22, 1999, by distributing free Auto Recycling Coloring Books. ... Continue reading

USA Truck Announces Operating Results

USA Truck, Inc. announced operating revenues of $36,199,447 for the quarter ended March 31, 1999, up 2.8% from $35,223,203 for the same quarter of 1998. ... Continue reading

Visteon Reports Q1 1999 Earnings of $208 Million, Up 10 Percent

Visteon Automotive Systems is reporting a first quarter 1999 net income of $208 million, up 10 percent from a year ago. Revenue for the first quarter was $4.8 billion, up 9 percent from 1998, with an after-tax return on sales of 4.3 percent. ... Continue reading

Zero Emission Ford Ranger EV Tames the Wild Things at the Detroit Zoo

Ford Motor Company, Detroit Edison and The Detroit Zoo are partnering to help keep the animals at the zoo a little calmer during feeding time. ... Continue reading