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November 1999

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Monday, November 8, 1999

ADESA Canada Expands Into Alberta

ADESA Canada Expands Into Alberta

ADESA Canada Inc., a leader in the automotive auction industry, announced it is expanding into Alberta with construction of a new ADESA Calgary auction facility. ... Continue reading

AutoPOL Generates and Unfolds Sheet Metal Models with Autodesk MDT

AutoPOL Generates and Unfolds Sheet Metal Models with Autodesk MDT

The latest release of AutoPOL 7DT, available from CIMLOGIC, Inc., quickly creates parametric sheet metal models with Autodesk Mechanical Desktop 4. ... Continue reading

Best October Sales in 90's Reported by Nissan's Mid-Atlantic Region

Best October Sales in 90's Reported by Nissan's Mid-Atlantic Region

Nissan's Mid-Atlantic Region posted record car and truck sales in October of 6,306 units, a 44.3 percent increase over last year when sales totaled 4,387 units. ... Continue reading

Bubbles are Secret of Breakthrough Technology

Bubbles are Secret of Breakthrough Technology

Humans evolved from bubbles, according to the inventor of a breakthrough technology that uses the geometry of bubbles to increase the strength of most materials. ... Continue reading

Court Allows Sam Frankino to Retake Control of National Auto Credit

Court Allows Sam Frankino to Retake Control of National Auto Credit

National Auto Credit, Inc. announced that the Court of Chancery of the State of Delaware has granted summary judgment in favor of Sam J. Frankino, the majority stockholder of the company. ... Continue reading

Cross Huller (North America) Streamlines Operations

Cross Huller (North America) Streamlines Operations

Cross Huller (North America) announced its plans to streamline operations in North America. ... Continue reading

Delphi Formalizes Supply Relationship with Harley-Davidson

Delphi Formalizes Supply Relationship with Harley-Davidson

Delphi Automotive Systems has been selected to supply electronics systems to Harley-Davidson Motor Company. Delphi Delco Electronics Systems signed a master supply agreement to provide Harley-Davidson with several Delphi technologies. ... Continue reading

Donnelly Corporation Announces Dividend

Donnelly Corporation Announces Dividend

Donnelly Corporation announced that its Board of Directors declared a quarterly dividend of 10 cents ($0.10) per share on its Class A Common Stock. ... Continue reading

Edelbrock Reports Double-Digit Improvement in Sales for Q1

Edelbrock Reports Double-Digit Improvement in Sales for Q1

Edelbrock reported that continued strong sales of keyautomotive parts lines such as carburetors, aluminum cylinder heads and manifolds, led to a 13.5% improvement in sales for its first quarter of fiscal 2000 over the comparable year-ago period. ... Continue reading

Engine Manufacturers Challenge Validity of Air Toxics Study

Engine Manufacturers Challenge Validity of Air Toxics Study

The Engine Manufacturers Association (EMA) challenged the validity of the air quality report issued in California indicating that it is "rushed, not ready for public review, and contains unreliable information." ... Continue reading

Exide Corporation Responds to Alabama Allegations

Exide Corporation Responds to Alabama Allegations

Exide Corporation, the global leader in the lead-acid battery business, responded to internet discussions and media queries about the attorney general of Alabama joining an existing, ongoing litigation. ... Continue reading

Harman International Industries Announces Quarterly Cash Dividend

Harman International Industries Announces Quarterly Cash Dividend

Harman International Industries declared a cash dividend of $.05 per share for the first quarter ended September 30, 1999. ... Continue reading

Investors Reward Automotive Suppliers for Managing Growth

Investors Reward Automotive Suppliers for Managing Growth

As consolidation within the automotive industry continues, investors are rewarding companies for the way they manage growth rather than for growth itself, and a correction is taking place, weeding out low performers. ... Continue reading

Ken Baker Becomes New President and CEO of ERIM

Ken Baker Becomes New President and CEO of ERIM

The Environmental Research Institute of Michigan (ERIM), a preeminent international research institute located in Ann Arbor, announced the election of Kenneth R. Baker as President and Chief Executive Officer and a member of its board. ... Continue reading

Lear Corporation Appoints Thomas Sundberg Director

Lear Corporation Appoints Thomas Sundberg Director

Lear Corporation announced the appointment of Thomas Sundberg as Director -- Concept Development Studios (CDS) for the company's Technology Division. ... Continue reading

Lithia Enters Strategic Internet Agreement With Four Leading Firms

Lithia Enters Strategic Internet Agreement With Four Leading Firms

Lithia Motors, Inc. announced that it has entered into a strategic agreement with Navidec Inc. to develop and maintain its next generation of "Lithia.com -- America's Car & Truck Store." ... Continue reading

LMS Releases CAT/SYSNOISE 1.0

LMS Releases CAT/SYSNOISE 1.0

LMS International announces the release of CAT/SYSNOISE Rev 1.0. The integrated CAT/SYSNOISE solution embeds the world's leading acoustic prediction tool, LMS SYSNOISE, into CATIA. ... Continue reading

Motor Coach Industries International, Inc. Extends Exchange Offer

Motor Coach Industries International, Inc. Extends Exchange Offer

Motor Coach Industries International, Inc., announced that it has extended the expiration date of its registered exchange offer for all of its outstanding 11 1/4% Senior Subordinated Notes due 2009 until 2 p.m., on Nov 15, 1999, unless extended. ... Continue reading

NASCAR WCUP: Park's Survives Tough Phoenix, Moves To 15th In Points

NASCAR WCUP: Park's Survives Tough Phoenix, Moves To 15th In Points

Park's Survives Tough Phoenix, Moves To 15th In Points ... Continue reading

Nationwide Insurance Suspends Specification of Non-OEM Crash Parts

Nationwide Insurance Suspends Specification of Non-OEM Crash Parts

Nationwide Insurance, the country's fourth-largest auto insurer, announced that it is temporarily suspending the specification of non-Original Equipment Manufacture (non-OEM) crash parts in the repair of damaged vehicles. ... Continue reading

New Holland Prices Asset Backed Securities Transaction

New Holland Prices Asset Backed Securities Transaction

New Holland N.V. announced that it priced on November 4th, 1999 its first Asset Backed Securities transaction. The $1,035,664,000 of Asset Backed Notes were sold by New Holland Equipment Receivables Business Trust 1999-A. ... Continue reading

NHRA: Kurt Chronicles: NHRA Finals Edition

NHRA: Kurt Chronicles: NHRA Finals Edition

Kurt Chronicles: NHRA Finals Edition ... Continue reading

NHRA: Warren Report: NHRA Finals Edition

NHRA: Warren Report: NHRA Finals Edition

Warren Report: NHRA Finals Edition ... Continue reading

OFF ROAD: Honda XR650 goes 1-2 at Baja 1000 - Campbell is desert series Champ

OFF ROAD: Honda XR650 goes 1-2 at Baja 1000 - Campbell is desert series Champ

Honda XR650 goes 1-2 at Baja 1000 - Campbell is desert series Champ ... Continue reading

RALLY: Radstrom edged out of points in Rally Australia

RALLY: Radstrom edged out of points in Rally Australia

Radstrom edged out of points in Rally Australia ... Continue reading

RALLY: Telstra Rally Australia won by Subaru star Richard Burns

RALLY: Telstra Rally Australia won by Subaru star Richard Burns

RALLY: Telstra Rally Australia won by Subaru star Richard Burns ... Continue reading

S&P Affirms California Capital Insurance 'Api' Rtg

S&P Affirms California Capital Insurance 'Api' Rtg

Standard & Poor's affirmed its single-'Api' financial strength rating on California Capital Insurance Co. ... Continue reading

S&P Affirms Yosemite Insurance Co. 'Api' Rtg

S&P Affirms Yosemite Insurance Co. 'Api' Rtg

Standard & Poor's affirmed its single-'Api' financial strength rating on Yosemite Insurance Co. ... Continue reading

S&P Lowers Farmers Automobile Ins. Rtg to 'BBBpi'

S&P Lowers Farmers Automobile Ins. Rtg to 'BBBpi'

Standard & Poor's lowered its financial strength rating on Farmers Automobile Insurance Assn. to triple-'Bpi'from single-'Api'. ... Continue reading

Standard Automotive Announces Sales and Earnings for Q2

Standard Automotive Announces Sales and Earnings for Q2

STANDARD AUTOMOTIVE CORPORATION announced sales and earnings for the second quarter ended September 30, 1999. ... Continue reading

Tenneco Automotive Launches as Independent Company

Tenneco Automotive Launches as Independent Company

Tenneco Automotive began its first day of "regular" trading as an independent company, following completion of its strategic separation from Tenneco's packaging business. ... Continue reading

The Timken Company Declares Quarterly Dividend    

The Timken Company Declares Quarterly Dividend    

The board of directors of The Timken Company declared a quarterly cash dividend of 18 cents per share. The dividend is payable on December 6, 1999, to shareholders of record on November 19, 1999. ... Continue reading

The Timken Company Elects Officers

The Timken Company Elects Officers

At a regular meeting of The Timken Company's board of directors on November 5, two new officers were elected to serve as secretary and treasurer. ... Continue reading

Thrifty Car Rental Names Staff V.P. of Fleet Leasing

Thrifty Car Rental Names Staff V.P. of Fleet Leasing

Thrifty Rent-A-Car System, Inc. announced the promotion of Fred Chesebro to Staff Vice President of Fleet Leasing, according to Jay Betz, President of Thrifty Car Sales and Executive Vice President of Fleet at Thrifty Car Rental. ... Continue reading

Tracks: Dunkin Cruises to Third Feature Win at Auburndale

Tracks: Dunkin Cruises to Third Feature Win at Auburndale

Tracks: Dunkin Cruises to Third Feature Win at Auburndale ... Continue reading

USAC: MCI WorldCom Western Midget Car Series Race Results, Irwindale

USAC: MCI WorldCom Western Midget Car Series Race Results, Irwindale

USAC: MCI WorldCom Western Midget Car Series Race Results, Irwindale ... Continue reading

USAC: Western Sprint Car Series Race Results, Irwindale

USAC: Western Sprint Car Series Race Results, Irwindale

USAC: Western Sprint Car Series Race Results, Irwindale ... 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 estimated 377,574 units, up from the 371,691 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

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