Monday, October 4, 1999

$1 Million for Georgia to Help Reduce Alcohol-Related Crashes

U.S. Secretary of Transportation Rodney E. Slater today announced a cooperative agreement between the National Highway Traffic Safety Administration and the Georgia Governor's Office of Highway Safety that gives Georgia $1 million to reduce alcohol-related crashes. ... Continue reading

$1 Million for Louisiana to Help Reduce Alcohol-Related Crashes

U.S. Secretary of Transportation Rodney E. Slater announced a cooperative agreement between the U.S. Department of Transportation and Louisiana that gives Louisiana $1 million to reduce alcohol-related crashes. ... Continue reading

Action Performance Announces Changes to Distribution Network

To further strengthen its national distribution network, Action Performance Companies, Inc. announced that it had made a strategic reduction in the number of its distributors from twenty-six to eighteen. ... Continue reading

Affiliated Resources Announces Marketing Agreement with RTB Ventures

Affiliated Resources Corporation is pleased to announce that the Company has entered into a distribution agreement with RTB Ventures Inc. ... Continue reading

Aftermarket Technology Corp. Completes Acquisition Of All Trans

Aftermarket Technology Corp. announced today that it has acquired substantially all of the assets of Portland, Oregon-based All Transmission Parts, Inc., ... Continue reading

American Automotive HVAC Manufacturers Fight to Remain in the Market

The North American automotive heating, ventilation and air- conditioning (HVAC) components aftermarket is currently experiencing a period of turbulence. ... Continue reading

Audi Sales Up 60.2 Percent. Best September in History.

Audi of America, Inc. today announced that its September sales results in the U.S. were up 60.2 percent over the same month last year ... Continue reading

AutoBond Announces Amex Delisting Effective Tuesday, Oct. 5

AutoBond Acceptance Corporation, listed on the Amex under the symbol ABD, is announcing that tomorrow, October 5th, is the last day that the Company's common and preferred shares will trade on the Amex stock exchange. ... Continue reading

Automotive Wire Harnesses and Connectors Move to Center Stage

As automobiles become more technologically advanced, manufacturers in the wire harness and connectors market must continually develop new technologies to remain competitive. ... Continue reading

BMW Reports Strongest September Sales Ever with 19% Sales Increase

BMW of North America, Inc. closed the first nine months of 1999 with its strongest sales ever, reporting year-to-date sales of 116,308, an increase of 19 over the 97,808 automobiles sold in the first nine months of 1998. ... Continue reading

Budget Rent a Car Begins Operations in Germany

Budget Rent a Car International, Inc.announced its first vehicle rental operations in Germany under the exclusive Budget trademark. ... Continue reading

Bundy and Walbro Facilities Merge Under Single TI Group Banner

Bundy and Walbro Corporation facilities throughout North America this month unveil a new corporate identity program to celebrate the merger of the two groups under the banner of TI Group Automotive Systems. ... Continue reading

Car Care Month; AAA,Penske Give Free Inspection to Motorists

October is National Car Care Month and Michigan motorists have the ideal service plan, a FREE 12-point inspection at nearly 50 locations statewide, courtesy of Penske Auto Centers and AAA Michigan. ... Continue reading

Clarion Technologies Inc. Completes Double ``J'' Molding Acquisition

Clarion Technologies Inc. announced that it has completed its acquisition of 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

CRAGAR IndustriesEnters Into Arrangement With WELD RACING

CRAGAR Industries, Inc.reported that it has entered into a licensingarrangement with WELD RACING, Inc., a privately held corporation. ... Continue reading

Dana to Supply Hose Package for Nissan Altima    

Dana Corporation announced that its Plumley Division has recently launched production of seven low-emission hoses for use in the fuel tank system on the Nissan Altima. ... Continue reading

Detroit Purchasing Managers Report September Improvement

Members of the National Association of Purchasing Management- Metro Detroit surveyed in September reported a 1.4 point gain in overall business conditions from August for Southeast Michigan's industrial economy. ... Continue reading

Ford Donates $3 Million to Michigan Technological University

Ford Motor Company has awarded Michigan Technological University a 5-year grant totaling $3 million to fund several on-campus initiatives ranging from student scholarships to facilities support. ... Continue reading

Genuine Parts Company Completes Acquisition of NAPA Distributor

Larry Prince, Chairman of the Board of Directors of Genuine Parts Company, announced today the completion of the previously announced acquisition of Brittain Brothers, Inc., a long standing NAPA Distributor. ... Continue reading

GKN Sinter Metals Acquires Borg-Warner Operation In Gallipolis, Ohio

GKN Sinter Metals announced it had acquired the forged powdered metal operations of Borg-Warner Automotive, Inc., located in Gallipolis, Ohio. ... Continue reading

GNB Technologies and Optima Batteries Sign Technology Agreement

Atlanta-based lead-acid battery manufacturer and recycler GNB Technologies announces a long-term technology partnership with Optima Batteries. ... Continue reading

Harvard Industries Completes Sale of Kingston-Warren

Harvard Industries, Inc. announced the completion of its previously announced sale of substantially all the assets of its Kingston-Warren subsidiary to Hutchinson S.A. for the sum of $115 million in cash, subject to certain adjustments. ... Continue reading

Herbert Henkel Succeeds James Perrella as Chief Executive of Ingersoll-Rand

Ingersoll-Rand Company announced that Herbert L. Henkel has succeeded James E. Perrella as chief executive officer of the company in accordance with the company's management succession plans, announced in March 1999. ... Continue reading

Honda Insight Hybrid Earns EPA's Highest Mileage Rating Ever

The Honda Insightreceived the highest mileage ratings ever from the Environmental Protection Agency in its annual listing of automotive fuel efficiency. ... Continue reading

Johnson Controls Honored as '1999 Corporation of the Year'

During the past five years, Johnson Controls has been a leader in supporting and doing business with minority-owned companies. ... Continue reading

KLEENAIR Announces UK Emmissions Control Agreement

KleenAir Systems, Inc. announced that they have signed a Letter of Agreement with a UK multi-national company to integrate its NOxMasterSystem with a new plasma catalyst proven to reduce particulates in emissions from diesel powered automobiles ... Continue reading

Liberty Mutual Cuts Connecticut Auto Insurance Rates

Liberty Mutual Group announced that the Connecticut Department of Insurance has approved the company's filing to reduce its auto rates in the state by an average of 4.3 percent, effective immediately. ... Continue reading

Mazda Reports Strong September Sales Gain

Mazda North American Operations reported U.S. sales of 20,969 units for the month of September, a 42.5 percent increase over the same period last year. ... Continue reading

Minnesota Power Extends Its Line of Automotive Services

MP Automotive Services, a wholly owned subsidiary of Minnesota Power, Inc. announced that it has acquired AutoVIN, the Automated Vehicle Information Network. ... Continue reading

NASCAR WCUP: Michael Waltrip experienced it all at Martinsville

M. Waltrip experienced it all at Martinsville ... Continue reading

NASCAR WCUP: NAPA Autocare 500 Post Race Quotes, Brett Bodine

NASCAR WCUP: NAPA Autocare 500 Post Race Quotes, Robert Yates ... Continue reading

NASCAR WCUP: NAPA Autocare 500 Post Race Quotes, Dale Jarrett

NASCAR WCUP: NAPA Autocare 500 Post Race Quotes, Dale Jarrett ... Continue reading

NASCAR WCUP: NAPA Autocare 500 Post Race Quotes, Kenny Irwin

NASCAR WCUP: NAPA Autocare 500 Post Race Quotes, Kenny Irwin ... Continue reading

NASCAR WCUP: NAPA Autocare 500 Post Race Quotes, Robert Yates

NASCAR WCUP: NAPA Autocare 500 Post Race Quotes, Robert Yates ... Continue reading

NASCAR WCUP: NAPA Autocare 500 Post Race Quotes, Rusty Wallace

NASCAR WCUP: NAPA Autocare 500 Post Race Quotes, Rusty Wallace ... Continue reading

NASCAR WCUP: NAPA Autocare 500 Race Wrap-Up

NASCAR WCUP: NAPA Autocare 500 Race Wrap-Up ... Continue reading

Nearly $1 Million for Tennessee to Help Reduce Alcohol-Related

U. S. Secretary of Transportation Rodney E. Slater announced a cooperative agreement between the U.S. Department of Transportation and Tennessee that gives Tennessee $997,898 to reduce alcohol related crashes. ... Continue reading

Nearly $1 Million for Texas to Help Reduce Alcohol-Related Crashes

"A strong message and tough state laws have done a lot to bring about a change in the public's attitude toward impaired driving," said Secretary Slater. ... Continue reading

New DaimlerChrysler President James Holden Addresses Conference

In one of his first public appearances, James Holden, president of DaimlerChrysler AG, addressed the American Chamber of Commerce Executives Leadership Conference at the UAW/Ford Training Center in Detroit. ... Continue reading

NHRA: Coughlin Brother's Hanging Tuff After First Round

Coughlin Brother's Hanging Tuff After First Round ... Continue reading

NHRA: Frigid Temperatures Postpone Advance AutoParts NHRA Nationals Eliminations

Frigid Temperatures Postpone Advance AutoParts NHRA Nationals Eliminations ... Continue reading

NHRA: Hill qualifies No. 1 for first time since 1997

NHRA: Hill qualifies No. 1 for first time since 1997 ... Continue reading

NHRA: JEG'S Pro Stock Cars Are On Opposite Sides Of The Ladder

JEG'S Pro Stock Cars Are On Opposite Sides Of The Ladder ... Continue reading

NHRA: Topeka NHRA Chevy Final Eliminations Notes

Topeka NHRA Chevy Final Elim Notes ... Continue reading

Nissan North America, Infiniti Announces Online Investment Challenge

Infiniti, the luxury division of Nissan North America, Inc. (NNA) in conjunction with SmartMoney.com, announced the kick- off of the co-sponsored online fantasy investment competition, the "Infiniti I30 SmartMoney Challenge." ... Continue reading

Orbit/FR Introduces Automotive Antenna Measurement System Solution

Foreseeing the emerging needs of automotive manufacturers, Orbit/FR, Inc. introduced its innovative automotive antenna measurement system (AAMS). ... Continue reading

Oshkosh Truck Debuts New Tactical Vehicle to the U.S. Armed Services

Oshkosh Truck Corporation, a leading manufacturer of defense and commercial specialty trucks and truck bodies, completed the first production vehicle under the U.S. Marine Corps Medium Tactical Vehicle Replacement (MTVR) program on schedule. ... Continue reading

Parsons to Acquire Vehicle Emissions Technology Company

Parsons Corp. announced that it will acquire ProtectAir Inc., a privately held Canadian corporation that provides integrated vehicle emissions inspection and compliance services. ... Continue reading

Penn Completes Acquisition of R. C. Dudek & Company

Penn Engineering & Manufacturing Corp. announced that it has completed its previously announced acquisition of R. C. Dudek & Company, Inc. ... Continue reading

Photo of Herbert L. Henkel is avaiable on several web sites

Ingersoll-Rand Company announced that Herbert L. Henkel, pictured, has assumed the position of chief executive officer of the company in accordance with the company's management succession plans, announced in March 1999. ... Continue reading

Planet Honda Expands Into Passaic

Planet Honda and The Used Car Universe is expanding its holdings with the purchase of City Motors, a Honda dealership located in Passaic, NJ. ... Continue reading

Prescott Forest ProRally Final Results

Prescott Forest ProRally Final Results ... Continue reading

Prescott Forest ProRally wrapup: Championship and Back-to-Back Wins for Lawler

Prescott Forest ProRally wrapup ... Continue reading

Roadbind America Completes Pikes Peak Road Dust Research Project

Roadbind America, Inc., a subsidiary of Natural Solutions Corporation, announces the completion of the Pikes Peak Road Dust Research Project. ... Continue reading

Saab's September 1999 Sales up 74% - Best September Ever

Saab Cars USA, Inc., the U.S. announced sales of 4,679 units during September, 1999, a 74% percent leap over September, 1998 sales ... Continue reading

SCCA: Prescott Forest ProRally stage times

Prescott Forest ProRally stage times ... Continue reading

Selas Receives $5 Million Order for New U.S. Aluminum Facility

Selas Corporation of America announced that it has received an order valued at nearly $5 million for a set of aluminum billet homogenizing furnaces, coolers, and a materials handling system. ... Continue reading

S&P Affirms Georgia Farm Bureau Cas Ins Co 'Api' Rtg

Standard & Poor's has affirmed its single-'Api' financial strength rating on Georgia Farm Bureau Casualty Insurance Co. ... Continue reading

Study Shows Auto Insurance Claimants with Lawyers aren't Satisfied

When asked to consider the combined amount of auto injury compensation dollars they received claimants who hired attorneys reported less satisfaction with settlements than those who did not hire attorneys, according to a new study by the Insurance Research Council (IRC). ... Continue reading

Textron Financial Corporation Completes Purchase From Green Tree

Textron Financial Corporation announced that its previously announced acquisition of the aircraft and franchise finance divisions of Green Tree Financial Servicing Corporation, a subsidiary of Conseco, Inc., has been completed. ... Continue reading

The Denver Post and Cars.com Introduce Internet Car Shopping Service

Cars.com announced it has launched a co-branded version of its automotive shopping Web site on The Denver PostOnline ... Continue reading

TI Group Completes the Acquisition of 51% Stake in Marwal

UK-based TI Group plc announced that following the receipt of regulatory approval, it had completed the acquisition of the outstanding 51% equity interest in Walbro's Marwal joint venture from Magneti Marelli. ... Continue reading

Top Source Completes Sale of Automotive Subsidiary's Assets

Top Source Technologies, Inc. announced that it had successfully completed the sale of substantially all of the assets of its automotive subsidiary, Top Source Automotive, Inc. to Onkyo America, Inc. ... Continue reading

Touring: Hemmingson scores surprise Speedvision Touring Car win at PPIR

Touring: Hemmingson scores surprise Speedvision Touring Car win at PPIR ... Continue reading

Trans-Am: Simo wins caution-free Pikes Peak Trans-Am

Trans-Am: Simo wins caution-free Pikes Peak Trans-Am ... Continue reading

TRW Highlights Global Reach At Aviation Expo/China '99

TRW Inc. will emphasize its global reach and systems expertise at Aviation Expo/China '99 to be held at the China International Exhibition Center in Beijing, October 7-9, 1999. ... Continue reading

Turbodyne Technologies Inc. Announces Agreement with Grand Technologies Inc.

Turbodyne Technologies Inc. announced that it has executed an agreement with Grand Technologies Inc. to settle the binding arbitration matter between the company and Grand. ... Continue reading

United Capital Announces Results of its "Dutch Auction" Self-Tender Offer

United Capital Corp. announced that, in accordance with the results of its Dutch Auction self-tender offer which expired on Sept. 30, 1999, the Company will purchase all of the app. 275,000 shares validly tendered at a price of $17.50 per share. ... Continue reading

Up to 13,000 Auto Breakdowns Could Be Prevented Annually in Utah

An estimated 13,000 auto breakdowns each year in Utah could be prevented with basic routine vehicle inspections, either by motorists or their automotive technicians, AAA reported at the start of National Car Care Month. ... Continue reading

Up to 500,000 Auto Breakdowns Could Be Prevented Annually in N. CA

An estimated 500,000 auto breakdowns each year in Northern California could be prevented with basic routine inspections, either by motorists or their automotive technicians, AAA reported today at the start of National Car Care Month. ... Continue reading

Up to 50,000 Auto Breakdowns Could Be Prevented Annually in Nevada

An estimated 50,000 auto breakdowns each year in Nevada could be prevented with basic routine vehicle inspections either by motorists or their automotive technicians, AAA reported at the start of National Car Care Month. ... Continue reading

USAC: MCI Worldcom Western Midget Car Series Race Results, Kings Speedway

USAC: MCI Worldcom Western Midget Car Series Race Results, Kings Speedway ... Continue reading

U.S. Customs Certifies Vastera as an ABI Software Provider

Vastera, the leading provider of international trade logistics solutions, announced that the U.S. Customs Service has certified the Automated Broker Interface (ABI) within its software solution, Global Passport(tm). ... Continue reading

U.S. Secretary of Transprotation praises Ricardo Martinez

U.S. Secretary of Transportation Rodney E. Slater today praised the leadership of Ricardo Martinez, M.D., Administrator of the National Highway Traffic Safety Administration (who will leave the Department of Transportation and return to medicine ... Continue reading

Valeo Completes State-of-the-Art Climatic Wind Tunnel in Germany

Valeo Klimasysteme GmbH has just completed refurbishment of a state-of-the-art climatic wind tunnel in Hockenheim, Germany, designed for testing vehicle thermal systems under wide-ranging climatic and operating conditions. ... Continue reading

Vehicle Choice Reports Consumers Balk at Fuel Economy 'Winners'

As the U.S. Environmental Protection Agency releases the fuel economy ratings for model year 2000 cars and light trucks, Coalition for Vehicle Choice points out that the fuel economy "winners" are the least popular because they lack features that consumers want. ... Continue reading

Volkswagen Hits the Road with Mobile Movie Theatre

Today Volkswagen of America announced a new marketing initiative directly targeting college students ... Continue reading

Volkswagen Sales Up 52.3 Percent - Best Jetta and Passat September

Volkswagen of America, Inc. again recorded strong double-digit growth, reporting its best September sales results in a quarter century. ... Continue reading

Ward's Reports Estimated Production

Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 370,953 units, up from the 352,732 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

Westar Financial Begins Regional Operations in California

Westar Financial Services Incorporated, a prime-credit auto lessor, announced it has launched operations in California. ... Continue reading

Westcorp Announces Issuance of $500 Million in Privately Placed Notes

Westcorp,announced today that it has issued $500 million in notes to Receivables Capital Corp in a private placement through WFS' wholly-owned subsidiary, WFS Funding, Inc. ... Continue reading

World Challenge: Kitchak takes Speedvision GT at PPIR, Points Lead

World Challenge: Kitchak takes Speedvision GT at PPIR, Points Lead ... Continue reading

Worldwide PetroMoly Announces Agreement with United Warehouse

Worldwide PetroMoly Inc., announced that they have received an initial purchase order and have entered into a retail distribution agreement with Nashville based United Warehouse, Inc. ... Continue reading

X-Stream Motors Ahead

The X-Stream Network announces partnership with the UK's No 1 motoring website, Auto Trader Interactive, to take stress and confusion out of finding a new car ... Continue reading