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May 1999

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Thursday, May 13, 1999

1998 ARCA BONDO/MAR-HYDE SERIES SCHEDULE

1998 ARCA BONDO/MAR-HYDE SERIES SCHEDULE

ARCA BONDO/MAR-HYDE SERIES SCHEDULE ... Continue reading

1999 ARCA Auto Value Midget Series

1999 ARCA Auto Value Midget Series

ARCA Auto Value Midget Series ... Continue reading

ABRA Auto Body & Glass Acquires Kitterman's Collision Center in Georgia

ABRA Auto Body & Glass Acquires Kitterman's Collision Center in Georgia

ABRA Auto Body & Glass, LLC, the nation's leader in damaged vehicle repair, announced it has successfully completed its acquisition of Kitterman's Collision Center in Georgia. ... Continue reading

Alliance Adds 10th Automaker With Fiat Membership

Alliance Adds 10th Automaker With Fiat Membership

The Alliance of Automobile Manufacturers approved Fiat as a new member at its inaugural board meeting. Ten automakers have now joined the Alliance. ... Continue reading

AMA: McGRATH Seizes Sixth AMA Supercross Championship

AMA: McGRATH Seizes Sixth AMA Supercross Championship

AMA: McGRATH Seizes Sixth AMA Supercross Championship ... Continue reading

American Honda Recalls Certain Honda and Acura Models

American Honda Recalls Certain Honda and Acura Models

American Honda Motor Co., Inc. announced it will conduct a voluntary recall on some 1996 through 1998 Honda and Acura model vehicles to replace the lower front ball joints. ... Continue reading

Americredit Corp. Announces $1,000,000,000 Asset-backed Securitization

Americredit Corp. Announces $1,000,000,000 Asset-backed Securitization

Americredit Corp. announced the pricing of a $1 billion offering of automobile receivables-backed securities through Credit Suisse First Boston, BancBoston Robertson Stephens, Chase Securities Inc., and NationsBanc Montgomery SecuritiesLLC. ... Continue reading

AuthenTec Demonstrates Fingerprint Identification Applications

AuthenTec Demonstrates Fingerprint Identification Applications

AuthenTec Inc. unveiled at CardTech/SecurTech several demonstrations highlighting its E-Field Technology(TM) and the promise of its Solution Providers Network. ... Continue reading

Avis Rent A Car, Inc. Agrees to Buy Nashville's Motorent, Inc.

Avis Rent A Car, Inc. Agrees to Buy Nashville's Motorent, Inc.

Avis Rent A Car, Inc. announced it has signed a definitive agreement to purchase Motorent, Inc. of Nashville, Tennessee, a 47-year-old Avis franchise. ... Continue reading

BMW Enhances Certified Pre-Owned Program

BMW Enhances Certified Pre-Owned Program

Many new car purchases begin with information-gathering on the Internet, and now, the World Wide Web is becoming just as important to pre-owned automobile shoppers. ... Continue reading

Borg-Warner Automotive Forms Alliance With Nautitech

Borg-Warner Automotive Forms Alliance With Nautitech

Borg-Warner Automotive, Inc. announced that it has formed an alliance with Nautitech Pty. Ltd. of Sydney, Australia. ... Continue reading

Caliber Logistics and High Tech Packaging, Inc. Share Toledo-Based Facility

Caliber Logistics and High Tech Packaging, Inc. Share Toledo-Based Facility

Caliber Logistics recently began offering customers integrated logistics and value-added solutions from a facility strategically located to serve the automotive industry. ... Continue reading

CarMax(R) Completes Acquisition of New-Car Franchises in Dallas/Ft. Worth

CarMax(R) Completes Acquisition of New-Car Franchises in Dallas/Ft. Worth

The CarMax subsidiary of Circuit City Stores, Inc. announced that it has completed the acquisition of Hilltop Chrysler- Plymouth, Inc. and the Jeep franchise rights of Red Bird Jeep- Eagle, which are both located in the Dallas/Ft. Worth market. ... Continue reading

Consumers Respond to Automakers' Elimination of Models

Consumers Respond to Automakers' Elimination of Models

Owners of discontinued vehicle models are likely to demonstrate their discontent by permanently leaving a manufacturer instead of purchasing a new model offered by that same maker, a study released by The Polk Company revealed. ... Continue reading

Creative Recycling Technologies, Inc. Licenses Post Processing Process

Creative Recycling Technologies, Inc. Licenses Post Processing Process

Stephen H.A. LaSala, President and CEO of Creative Recycling Technologies, Inc. announced yet another step in the company's ongoing program of increasing the quality of its by-products. ... Continue reading

Dash Multi-Corp, Inc. Extends Its Tender Offer for R-B Rubber Products, Inc.

Dash Multi-Corp, Inc. Extends Its Tender Offer for R-B Rubber Products, Inc.

Dash Multi-Corp, Inc. announced that its cash tender offer for up to 1,567,417 shares of common stock of R-B Rubber Products, Inc. has been extended to 5:00 p.m., St. Louis, Missouri time, on May 27, 1999, unless further extended. ... Continue reading

Delphi Invests $3 Million in Facilities and Equipment for Milwaukee Plant

Delphi Invests $3 Million in Facilities and Equipment for Milwaukee Plant

Delphi Automotive Systems is investing nearly $3 million in its Milwaukee, Wis., facility, according to Donald L. Runkle, president of Delphi Energy & Engine Management Systems. ... Continue reading

Dyson-Kissner-Moran to Acquire Optek Technology for $25.50 per Share

Dyson-Kissner-Moran to Acquire Optek Technology for $25.50 per Share

Optek Technology, Inc. and The Dyson-Kissner-Moran Corporation jointly announced that they have signed a definitive agreement for Optek to be acquired by DKM for $25.50 per share in cash. ... Continue reading

Environmental & Safety Programs for Vehicle Maintenance

Environmental & Safety Programs for Vehicle Maintenance

Environmental Development Corp. (EDC) has announced it has completed expansion of its environmental and safety compliance and training program for vehicle maintenance and refueling operations. ... Continue reading

Environmental & Safety Programs for Vehicle Maintenance

Environmental & Safety Programs for Vehicle Maintenance

Environmental Development Corp. (EDC) has announced it has completed expansion of its environmental and safety compliance and training program for vehicle maintenance and refueling operations. ... Continue reading

Excelsior-Henderson Motorcycle Announces First Quarter 1999 Results

Excelsior-Henderson Motorcycle Announces First Quarter 1999 Results

Excelsior-Henderson Motorcycle Manufacturing Company announced financial results for the first quarter ended April 3, 1999. ... Continue reading

Fallon Students Win State Auto Repair Championship

Fallon Students Win State Auto Repair Championship

A team of two students from Churchill Co. High School in Fallon combined detailed knowledge of high-tech automotive repair and fast-paced teamwork to win the state finals of the FORD/AAA STUDENT AUTO SKILLS contest. ... Continue reading

First Priority Group Reports Expense Savings Helped Reduce First Quarter Loss

First Priority Group Reports Expense Savings Helped Reduce First Quarter Loss

First Priority Group, Inc. reported that cost reduction measures enabled it to increase its gross profit and reduce its overall operating loss for 1999's first quarter, in spite of an unexpected decline in revenues. ... Continue reading

General Semiconductor Announces Launch of MOSFET Product Line

General Semiconductor Announces Launch of MOSFET Product Line

General Semiconductor, Inc., a leading manufacturer of discrete semiconductors, held its annual stockholders' meeting and announced its plans to launch a line of power MOSFET products. ... Continue reading

Governor Terry Branstad Elected to Featherlite, Inc., Board of Directors

Governor Terry Branstad Elected to Featherlite, Inc., Board of Directors

Featherlite, Inc. announced that former Iowa Governor Terry E. Branstad was elected to its Board of Directors at Featherlite's Annual Meeting of Shareholders held yesterday, May 12. ... Continue reading

Holley Performance's Senior Sub Notes Rated 'B-' by S&P

Holley Performance's Senior Sub Notes Rated 'B-' by S&P

Standard & Poor's assigned its single-'B'-minus rating to Holley Performance Products Inc.'s $115 million senior subordinated notes due 2009, issued under Rule 144A with registration rights. ... Continue reading

IRL: 1999 Indy 500 Official Entry List

IRL: 1999 Indy 500 Official Entry List

IRL: 1999 Indy 500 Official Entry List ... Continue reading

IRL: Champ Cheever Charged for Another Dash to the Checkered Flag

IRL: Champ Cheever Charged for Another Dash to the Checkered Flag

IRL: Champ Cheever Charged for Another Dash to the Checkered Flag ... Continue reading

IRL: Five Indy 500 drivers plan interesting morning commute May 13

IRL: Five Indy 500 drivers plan interesting morning commute May 13

IRL: Five Indy 500 drivers plan interesting morning commute May 13 ... Continue reading

IRL: Haley McGee's Condition Improves

IRL: Haley McGee's Condition Improves

IRL: Haley McGee's Condition Improves ... Continue reading

IRL: Record Purse Expected for 83rd Indy 500

IRL: Record Purse Expected for 83rd Indy 500

IRL: Record Purse Expected for 83rd Indy 500 ... Continue reading

IRL: Reigning Indy 500 winner, Eddie Cheever, shows his support at Ribbon Cutting Ceremonies

IRL: Reigning Indy 500 winner, Eddie Cheever, shows his support at Ribbon Cutting Ceremonies

IRL: Reigning Indy 500 winner, Eddie Cheever, shows his support at Ribbon Cutting Ceremonies ... Continue reading

IRL: St. James Enters Indy 500 with Team Pelfrey

IRL: St. James Enters Indy 500 with Team Pelfrey

IRL: St. James Enters Indy 500 with Team Pelfrey ... Continue reading

J.B. Hunt Transport Services Makes Announcement

J.B. Hunt Transport Services Makes Announcement

J.B. Hunt Transport Services, Inc. announced that revenue levels, primarily in the intermodal business, did not meet expectations for the month of April. ... Continue reading

LDM Technologies Announces Second Quarter Earnings

LDM Technologies Announces Second Quarter Earnings

LDM Technologies, Inc. reports net sales for its second quarter ended March 28, 1999 (second quarter 1999) were $133.7 million, an increase of $7.8 million, or 6.2%, from the second quarter of FY 1998. ... Continue reading

Methode Electronics, Inc. Announces New Executive Vice President

Methode Electronics, Inc. Announces New Executive Vice President

The Automotive Electronic Controls unit of Methode Electronics announced the appointment of a new Executive Vice President and the development of new initiatives to further strengthen the division's presence in the automotive market. ... Continue reading

Micropoint Inc. Reports First Quarter 1999 Results

Micropoint Inc. Reports First Quarter 1999 Results

Revenues for the period ended March 31, 1999 were $121,757 compared to $60,088 for the same period a year ago. ... Continue reading

Miller Industries, Inc. Names James A. McKinney as CEO of RoadOne, Inc.

Miller Industries, Inc. Names James A. McKinney as CEO of RoadOne, Inc.

Miller Industries, Inc. announced that James A. McKinney has joined the Company as Chief Executive Officer of RoadOne, Inc. and a member of the Miller Industries, Inc. Board of Directors. ... Continue reading

More Than 16% of Web Users View Maps and Driving Directions

More Than 16% of Web Users View Maps and Driving Directions

MapQuest.com announced that, according to a March 1999 Media Metrix custom report, over 10 million unique Web visitors viewed its maps and driving directions on the MapQuest.com site or through its customers' sites. ... Continue reading

MS Acquisition Corp. Enters Into Agreement To Acquire Zenith Industrial

MS Acquisition Corp. Enters Into Agreement To Acquire Zenith Industrial

MS Acquisition Corp. entered into an agreement to acquire all of the issued and outstanding capital stock of Zenith Industrial Corporation. ... Continue reading

Murray's Discount Auto Stores Media to Media...Period

Murray's Discount Auto Stores Media to Media...Period

Detroit-based Murray's Discount Auto Stores, the Midwest's largest auto parts retailer, has announced the assignment of their broadcast media buying to Media...Period. ... Continue reading

NASCAR-BGN: Kevin Grubb Richmond Notes

NASCAR-BGN: Kevin Grubb Richmond Notes

NASCAR-BGN: Kevin Grubb Richmond Notes ... Continue reading

NASCAR WCUP: Crew Chief Club at the Pontiac Excitement 400

NASCAR WCUP: Crew Chief Club at the Pontiac Excitement 400

NASCAR WCUP: Crew Chief Club at the Pontiac Excitement 400 ... Continue reading

NASCAR-WCUP: Dale Jarrett Facts & Thoughts, Pontiac Excitement 400

NASCAR-WCUP: Dale Jarrett Facts & Thoughts, Pontiac Excitement 400

NASCAR-WCUP: Dale Jarrett Facts & Thoughts, Pontiac Excitement 400 ... Continue reading

NASCAR WCUP: Michael Waltrip can gain from double-duty at Richmond

NASCAR WCUP: Michael Waltrip can gain from double-duty at Richmond

NASCAR WCUP: Michael Waltrip can gain from double-duty at Richmond ... Continue reading

NASCAR WCUP: Pardus Happy with Test Session

NASCAR WCUP: Pardus Happy with Test Session

NASCAR WCUP: Pardus Happy with Test Session ... Continue reading

National Auto Credit, Inc. Receives Commitment of Investor

National Auto Credit, Inc. Receives Commitment of Investor

National Auto Credit, Inc. announced that it acquired an option to purchase 2,849,630 shares of National Auto Credit common stock beneficially owned by Ernest C. Garcia II. ... Continue reading

Navistar Reports Second Quarter Earnings Highest in 25 Years

Navistar Reports Second Quarter Earnings Highest in 25 Years

Navistar International Corporation reported that earnings for the second quarter of its fiscal year were the highest for the period in more than 25 years, with diluted per share earnings up nearly 60 percent over the same period a year ago. ... Continue reading

North American Auto Industry Marches to the Beat of a Different Drummer

North American Auto Industry Marches to the Beat of a Different Drummer

The unique differences between the North American auto industry and that of the rest of the world are highlighted in the newly released Global Powertrain Strategies Study, published by The AUTOFACTS Group. ... Continue reading

Raytech's Raybestos Products Company Wins Ford Q-1 Recognition

Raytech's Raybestos Products Company Wins Ford Q-1 Recognition

Raytech Corporation announces that Raybestos Products Company has received Ford Motor Company's Q-1 Award for quality and product support. ... Continue reading

Reynolds and Reynolds Signs Agreement With AutoNation

Reynolds and Reynolds Signs Agreement With AutoNation

The Reynolds and Reynolds Company has entered into a two-year, multi-million dollar agreement with AutoNation, Inc. to provide business forms and document management services to AutoNation's franchised vehicle dealerships and used vehicle megastores. ... Continue reading

RGI Hosts GM Brazil Executive Speaking at Automotive Luncheon

RGI Hosts GM Brazil Executive Speaking at Automotive Luncheon

On Thursday, May 20th, from 12 noon until 2 p.m., one of the principal purchasing directors for General Motors of Brazil, Mr. Marcos Munhoz, will be honored at an automotive luncheon at the Northfield Hilton Hotel in Troy, Michigan. ... Continue reading

Saab Introduces Saab Financial Services Corp.

Saab Introduces Saab Financial Services Corp.

Saab Cars USA Inc., the U.S. importer and distributor of Saab 9- 3 and 9-5 automobiles, has announced another new product to help dealers satisfy customers -- but this time it's not a car or even accessories. ... Continue reading

S&P Rates Venture Holdings Debt, Ratings Also Off Watch

S&P Rates Venture Holdings Debt, Ratings Also Off Watch

Standard & Poor's affirmed its single-'B'-plus corporate credit rating and single-'B'-minus subordinated debt rating on Venture Holdings Trust. ... Continue reading

St. Clair Auto Techs Win in Ford/AAA Contest

St. Clair Auto Techs Win in Ford/AAA Contest

Two St. Clair Technical Education Center students took first place in the annual Ford/AAA Student Auto Skills National Quality Care Challenge at AAA Michigan's Dearborn Administrative Offices. ... Continue reading

Sunsweet's 'Plum Crazy' Volkswagen Beetle Lands in Alpharetta

Sunsweet's 'Plum Crazy' Volkswagen Beetle Lands in Alpharetta

Although Georgia is the Peach State, Alpharetta, Ga., was the plum crazy city on Tuesday, May 11, thanks to Sunsweet Prunes. ... Continue reading

The Cobalt Group Opens Product Development Office in Austin, Texas

The Cobalt Group Opens Product Development Office in Austin, Texas

The Cobalt Group announced that it will open an office in Austin, Texas to expand its product development capabilities and geographic presence outside of the Pacific Northwest. ... Continue reading

Thomas Group Announces First Quarter Results

Thomas Group Announces First Quarter Results

Thomas Group Inc. announced results for the quarter ended March 31, 1999. Diluted earnings per share from continuing operations for the first quarter of 1999 were $0.15 compared to $0.14 for the same period last year. ... Continue reading

USAC: Speedrome Midget Car Series Race Rained Out

USAC: Speedrome Midget Car Series Race Rained Out

USAC: Speedrome Midget Car Series Race Rained Out ... Continue reading

Valeo Pursues Growth in North America

Valeo Pursues Growth in North America

Valeo continues to pursue its strategy for growth in North America with the inauguration last week of the Group's new Thermal Technology Center in Auburn Hills, Mich. ... Continue reading

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