Action Performance Signs Agreement With Team Red Bull Sauber Petronas
Action Performance Companies Inc. announced that it has signed a two-year exclusive licensing agreement with Red Bull Sauber Petronas, which includes current Formula One drivers Jean Alesi and Pedro Diniz. ... Continue reading
Advanced Definition Systems Enters Into an Acquisition Agreement
Advanced Definition Systems Inc. has entered into an acquisition agreement with C Corp. Automotive Design Inc. of Calgary, Alberta Canada under the terms of which ADS will acquire all the issued and outstanding shares of CCAD. ... Continue reading
AutoNation, Inc. To Receive Approximately $1.2 Billion Cash From Sale
AutoNation, Inc. announced that it has completed the sale of 100 million shares of Republic Services, Inc. at $16.875 per share. ... Continue reading
Bikers Dream Inc. Completes Move to New Location
Bikers Dream Inc. announced that the company has completed its move from Riverside to the new 56,000-square-foot manufacturing and headquarters complex in Mira Loma, as scheduled. ... Continue reading
Borg-Warner Automotive Back On Growth Track
Borg-Warner Automotive, Inc. announced that first quarter 1999 earnings per share were up 21% on record sales. ... Continue reading
CART: Team KOOL Green Hits the Road at Portland (Test Report)
CART: Team KOOL Green Hits the Road at Portland (Test Report) ... Continue reading
Clarion Technologies Announces Agreement to Acquire Double ``J'' Molding Inc.
Clarion Technologies Inc. announced that it has reached an agreement to acquire the outstanding stock of Double "J" Molding Inc. in exchange for shares of Clarion Common Stock and the assumption of the outstanding debt of Double J. ... Continue reading
COAST Offers Powerful Features for the Motor Homes and Tour Coachs
AimRite Holdings Corp. is pleased to announce that it has achieved a breakthrough in the COAST technology relating to the motor home and tour coach industries. ... Continue reading
Credit Acceptance Corporation Announces Court Ruling
Credit Acceptance announced that the US District Court has granted the motion of the Company and certain of its present and former officers and directors to dismiss the previously reported putative consolidated class action complaint. ... Continue reading
DaimlerChrysler Places 1st in 3 Segments Of the TQ Award Survey
Owners of DaimlerChrysler vehicles once again showed ownership satisfaction by placing the Chrysler Sebring Convertible, Chrysler LHS sedan and Dodge Dakota pick-up at the top of three segments in the Strategic Vision 1999 Total Quality Awards(TM). ... Continue reading
DaimlerChrysler Reports Strong First Quarter 1999
For January to March 1999, operating profit at DaimlerChrysler increased to Euro 2.8 billion, up 16% compared with the same period last year. ... Continue reading
Detroit Diesel Confirms Intention to Remain Independent
"We want to reiterate our intention to maintain an independent path in the marketplace, and to underscore that strategic direction, we have indicated to DaimlerChrysler our interest in the repurchase of their 20% interest in our Company." ... Continue reading
Dollar Moves Into the FASTLANE
Dollar Rent A Car has introduced a new way to rent vehicles. From reservations to pick up and return, the FASTLANE(SM) Express Rental Program is the quickest and most efficient method to rent vehicles at more than 50 DOLLAR(R) locations in the US. ... Continue reading
Federal-Mogul Reports Record $.96 First Quarter Earnings Per Share
Federal-Mogul Corporation announced solid financial results for the ninth consecutive quarter. ... Continue reading
Fidelity Holdings Completes Acquisition of Universal Kia
Fidelity Holdings, Inc. announced that through its wholly-owned subsidiary Major Automotive Group, Inc., the Company consummated the acquisition from Universal Ford, Inc., of the Kia dealership d/b/a Universal Kia. ... Continue reading
Fitch IBCA Expects to Rate $1.684B Premier 1999-2 AB Nts AAA
Premier Auto Trust 1999-2's $490 million class A-2, $520 million class A-3, and $344.369 million class A-4 asset-backed notes are expected to be rated 'AAA' by Fitch IBCA. ... Continue reading
Formula One: Stewart-Ford Notes and Quotes, San Marino
Formula One: Stewart-Ford Notes and Quotes, San Marino ... Continue reading
Fremd High School Students Take Technology to the Capitol
Not all teenagers are hanging out at the local mall -- some are designing future automobiles and sophisticated robots. ... Continue reading
Hayes Lemmerz Receives Contract for $10M from GM's Delphi
Hayes Lemmerz International, Inc., supplier of wheels and brake components to the transportation industry, is proud to announce that it has received its first disc brake rotor contract from Delphi Chassis Systems Group, a division of General Motors. ... Continue reading
Hertz Introduces Its Popular 'Freedom Rate' in Europe
Effective May 3, 1999 The Hertz Corporation, the world's largest car rental company, will begin offering travelers heading to Europe its popular Freedom Rate. ... Continue reading
High Schoolers & GM Build Robots And Compete for National Honors
The mechanical smarts of hundreds of high school students, across the country were put to the test this past weekend at Epcot Center, Walt Disney World in Orlando, Florida. The annual FIRST Robotics Competition ... Continue reading
High Tech ISUZU 6HHI Engine Receives JARI Certification
Japanese Automotive Research Institute (JARI) Certification has been granted to ISUZU for its high-tech, all electronic 6HHI bus/truck engine installed with Alternative Fuel System's (AFS) new Eagle II Dual Fuel management system. ... Continue reading
Honda Hosts Child Safety Awareness Day at Dealerships Nationwide
More than 1 million children are killed or injured each year in preventable traffic, household and recreational accidents. ... Continue reading
Insurance Auto Auctions Posts EPS Increase of 67%
Insurance Auto Auctions, Inc. announced that a 10-percent increase in same-store growth and a gross profit improvement of $15 per unit drove substantial gains in net sales and net earnings for the quarter ended March 31, 1999. ... Continue reading
IRL: Fans can Ride in the World's Fastest Race Cars
IRL: Fans can Ride in the World's Fastest Race Cars ... Continue reading
IRL: Goodyear Fast Facts, Visionaire 500
IRL: Goodyear Fast Facts, Visionaire 500 ... Continue reading
IRL: Goodyear Looks to Continue Pair of IRL Win Streaks in Charlotte
IRL: Goodyear Looks to Continue Pair of IRL Win Streaks in Charlotte ... Continue reading
IRL: Jeff Ward/Pagan Racing Preview, Charlotte
IRL: Jeff Ward/Pagan Racing Preview, Charlotte ... Continue reading
IRL: Sam Shmidt and Treadway Racing Fired Up for Charlotte
IRL: Sam Shmidt and Treadway Racing Fired Up for Charlotte ... Continue reading
IRL: Team Menard, Greg Ray Get Ready for Visionaire 500, Last Stop Before Indy
IRL: Team Menard, Greg Ray Get Ready for Visionaire 500, Last Stop Before Indy ... Continue reading
John Eager Tapped for N.A.D.A. Official Used Car Co.(R)
The N.A.D.A. Official Used Car Guide(R) Company has retained longtime residual expert John Eager to develop and launch its new residual predictive valuation product. ... Continue reading
Lithia Motors Reports 99% Net Profit Increase Q1
Lithia Motors, Inc. announced that revenues increased 53.3% to $224.1 million in the first quarter of 1999 from $146.2 million in the first quarter of 1998. ... Continue reading
Magellan and Eurovox Combine to Develop Vehicle Navigation Products
Eurovox Pty. Ltd. and Magellan Corp. announced their agreement to design, develop and manufacture advanced, satellite-aided, in-vehicle navigation systems for markets in Australia and New Zealand. ... Continue reading
NASCAR Isn't The Beverly Hillbillies
NASCAR Isn't The Beverly Hillbillies ... Continue reading
NASCAR-WCUP: Citgo Racing - Weekly Update
NASCAR-WCUP: Citgo Racing - Weekly Update ... Continue reading
NASCAR WCUP: Crew Chief Club at the California 500 presented by NAPA
NASCAR WCUP: Crew Chief Club at the California 500 presented by NAPA ... Continue reading
NASCAR-WCUP: Gordon Due as He Looks to be First Two-time Winner at California
NASCAR-WCUP: Gordon Due as He Looks to be First Two-time Winner at California ... Continue reading
NASCAR-WCUP: Irwin Rolling the Dice for Race on West Coast
NASCAR-WCUP: Irwin Rolling the Dice for Race on West Coast ... Continue reading
Neil Armstrong Retires From Eaton's Board of Directors
Eaton Corporation announced that Neil A. Armstrong, having reached normal retirement age for non-employee directors, would retire from the company's Board of Directors at the conclusion of the meeting. ... Continue reading
New Bridge Products Inc. Reports Appointment of New President
New Bridge Products Inc. announced the appointment of Gary W. Tandy as the company's president and as a member of its board of directors. ... Continue reading
NHRA: Bazemore Runs Hot and Cold in Dallas
NHRA: Bazemore Runs Hot and Cold in Dallas ... Continue reading
NHRA: JEG'S Team Instore for Busy Weekend
NHRA: JEG'S Team Instore for Busy Weekend ... Continue reading
PACCAR Inc's board of directors declared a second quarter cash dividend in the amount of 20 cents per share, payable on June 4, 1999 to stockholders of record at the close of business on May 20, 1999. ... Continue reading
PPG to Buy ICI Refinish & Industrial Coatings Units
PPG Industries has agreed to acquire Imperial Chemical Industries' global automotive refinish and industrial coatings businesses for 425 million British pounds (about US$684 million). ... Continue reading
Steelworkers File Shareholder Counter Proposal
The United Steelworkers of America (USWA) filed a shareholder counter proposal with the German tire and auto parts manufacturer Continental AG. ... Continue reading
The Bullhide Liner Corporation Begins Restructuring
The Bullhide Liner Corporation announced that it has begun the process of restructuring the Company by closing its corporate office in Spokane, Washington, and moving it permanently to South Florida, saving Bullhide approximately $250,000 in costs. ... Continue reading
The MacNeal-Schwendler Corp. Reports Revenue for the First Quarter
The MacNeal-Schwendler Corp., the world's leading developer of simulation software, reported first-quarter results. ... Continue reading
Toyota's North American Plants Receive ISO 14001 Certification
Toyota Motor Manufacturing North America, Inc. announced that all seven of its established manufacturing plants in the U.S. and Canada have received certification by the International Organization for Standardization (ISO) to the ISO 14001standard. ... Continue reading
TRW Announces "EXPERT" Version of MARC Labor Standards Product
TRW announced the availability of MARC(tm)-LS EXPERT, a fully configurable and extensible version of the MARC labor standards module. ... Continue reading
TRW Announces New Management Alignment
TRW Inc. announced that as a result of the acquisition of LucasVarity plc, the company will be organized into two principal business sectors: TRW Automotive and TRW Aerospace and Information Systems. ... Continue reading
United Systems Incorporated Appointed QAD Channel Partner
QAD, Incorporated has appointed United Systems Incorporated (USI) a QAD Channel Partner for the sale of QAD's MFG/PRO enterprise resource planning software. ... Continue reading
Valeo Sells Its Glass Business in Brazil
The Valeo Group is continuing to reorganize its activities in South America with the sale of its stake in Prismatic in which Cibie do Brasil Ltda, a Division of Valeo Lighting Systems, has an 80% shareholding. ... Continue reading
Volkswagen's New Beetle Revs Up MTV's Road Rules Season Finale
The New Volkswagen Beetle will take center stage during the season finale of MTV's Road Rules on Monday, April 26 at 10:00 p.m. ... Continue reading
Volvo Cars of North America Lends Aid to Southern California Commuters
Continuing its efforts to reduce vehicle emissions and traffic congestion in California, Volvo has provided a S. California commuter assistance program with two clean-fuel vehicles to help enhance congestion relief and pollutionprevention programs. ... Continue reading
Walbro Corporation Enters Into Merger Agreement with TI Group
Walbro Corporation, announced that it has entered into a definitive merger agreement with TI Group plc, headquartered in London, England, pursuant to which Walbro will become a wholly- owned subsidiary of TI Group. ... Continue reading
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