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November 1999

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Wednesday, November 17, 1999

1999 Ride For Kids Program Tops $2 Million

1999 Ride For Kids Program Tops $2 Million

1999 Ride For Kids Program Tops $2 Million ... Continue reading

ABRA Auto Body & Glass Selects AutocheX

ABRA Auto Body & Glass Selects AutocheX

ABRA Auto Body & Glass has chosen AutocheX to measure customer satisfaction for their 69-location firm. AutocheX will survey ABRA customers shortly after their vehicle repairs have been completed. ... Continue reading

AeroVironment Announces Expansion of Popular Product Line

AeroVironment Announces Expansion of Popular Product Line

AeroVironment Inc. announced the introduction of two exciting new products, AV-900 Volt Drive Train Development and Test System for heavy duty hybrid electric vehicles and the MT-30 Module Level Test Station. ... Continue reading

Aetna Industries, Inc. Announces Consent Solicitation For its 11 7/8% Senior Notes due 2006, Series B

Aetna Industries, Inc. Announces Consent Solicitation For its 11 7/8% Senior Notes due 2006, Series B

Aetna Industries, Inc. announced that it has commenced a consent solicitation relating to its $85.0 million outstanding principal amount of 11 7/8% Senior Notes due 2006, Series B (the "Notes"). ... Continue reading

AMETEK Declares Quarterly Dividend of Six Cents Per Share

AMETEK Declares Quarterly Dividend of Six Cents Per Share

The board of directors of AMETEK Inc. declared a regular quarterly dividend of six cents per share for the fourth quarter ending December 31, 1999. ... Continue reading

Atherton Capital Announces Nationwide Real Estate Lending Program

Atherton Capital Announces Nationwide Real Estate Lending Program

Atherton Capital Incorporated, a nationwide specialty retail lender, announced a new, revolutionary lending program for owners of property leased to approved restaurant, gas station, convenience store, car care and other specialty retail concepts. ... Continue reading

Atlantic Express Transportation Group Inc. Acquires T-NT Bus Service, Inc.

Atlantic Express Transportation Group Inc. Acquires T-NT Bus Service, Inc.

Atlantic Express Transportation Group Inc., announced the acquisition of T-NT Bus Service, Inc. (T-NT), a provider of school bus transportation in northwestern New York. ... Continue reading

Auto Club Opens New Office in Encinitas

Auto Club Opens New Office in Encinitas

The Automobile Club of Southern California has opened a new office in Encinitas to provide AAA services to more than 33,000 Auto Club members. ... Continue reading

AutoSmart U.S.A. Enters Exotic and Collectibles Market With Auctions

AutoSmart U.S.A. Enters Exotic and Collectibles Market With Auctions

AutoSmart USA, Inc. will expand its inventory of luxury pre- owned automobiles as well as make available to its clients a selected inventory of luxury exotic and rare vintage automobiles. ... Continue reading

BEI Technologies Declares Quarterly Dividend

BEI Technologies Declares Quarterly Dividend

The Board of Directors of BEI Technologies, Inc. announced its ninth consecutive quarterly dividend of two cents per share. ... Continue reading

Breakthrough Modular Fluid Management System Earns Textron Award

Breakthrough Modular Fluid Management System Earns Textron Award

McCord Winn Textron announced it has received the 1999 Grand Award by the Society of Plastics Engineers' Automotive Division for its automotive modular fluid management system featured on the 2000 Dodge Durango and Dakota. ... Continue reading

CART: Bill Lester chosen for Indy Lights test as part of CART's African American Driver Development Program

CART: Bill Lester chosen for Indy Lights test as part of CART's African American Driver Development Program

CART: Bill Lester chosen for Indy Lights test as part of CART's African American Driver Development Program ... Continue reading

Chancellor Acquires Interest in Afinta Motor Corporation

Chancellor Acquires Interest in Afinta Motor Corporation

Chancellor Corporation announces that it has made an investment in Afinta Motor Corporation (Pty.) Ltd. ("AMC"). ... Continue reading

Congestion Continues to Worsen Nationally

Congestion Continues to Worsen Nationally

A new study about traffic congestion trends was released by the Texas Transportation Institute showing that as congestion continues to worsen nationwide, the San Francisco-Oakland area remains the third most congested urban area in the country. ... Continue reading

Consumers Face No Pressure When Buying Extended Auto Warranties Online

Consumers Face No Pressure When Buying Extended Auto Warranties Online

Taking its extended auto warranty sales online, Colorado-based 1SourceAutoWarranty.com offers consumers an opportunity to research - and now purchase - their next extended warranty via the Internet. ... Continue reading

DaimlerChrysler VP Honored with National Eagle Leadership Institute Award

DaimlerChrysler VP Honored with National Eagle Leadership Institute Award

William Jones, Jr., Vice President-Manufacturing Operations Finance for DaimlerChrysler, was recently honored at the 7th Annual Eagle Awards of the National Eagle Leadership Institute for his proven leadership in the African American community. ... Continue reading

Dana Chairman Morcott to Give Inaugural Address at Executive Forum

Dana Chairman Morcott to Give Inaugural Address at Executive Forum

Dana Corporation's Chairman Southwood J. "Woody" Morcott will be the featured speaker for the first Executive Forum on Ethical Leadership to be held at Bowling Green State University in Bowling Green, Ohio, on November 18, 1999. ... Continue reading

Dana to Manufacture Multi-Layered Steel Head Gaskets in United States

Dana to Manufacture Multi-Layered Steel Head Gaskets in United States

Dana Corporation announced its Victor Reinz division will begin manufacturing multi-layered steel (MLS) head gaskets in its Danville, Ky., facility to help fulfill new contracts with several major OEMs. ... Continue reading

Electronic Arts Ships V-Rally 2 Presented by Need for Speed for the Playstation

Electronic Arts Ships V-Rally 2 Presented by Need for Speed for the Playstation

Electronic Arts, the world's largest interactive entertainment software company, announces that it began shipping V-Rally 2 (TM) presented by Need For Speed(TM) for the PlayStation(R) console system. ... Continue reading

Expansion of Ricardo, Inc.'s Testing Facilities

Expansion of Ricardo, Inc.'s Testing Facilities

Ricardo, Inc. is pleased to announce a major capital investment and expansion to facilities at its Belleville, MI headquarters. ... Continue reading

Faurecia Continues to Forge Ahead in the US with Acquisition of APAS

Faurecia Continues to Forge Ahead in the US with Acquisition of APAS

Faurecia, Europe's No. 1 complete exhaust systems manufacturer, has signed an agreement with the US investment fund Questor Partners Fund I for the acquisition of APAS, for a maximum firm value of 340 M$ (including financial indebtedness). ... Continue reading

Ford's 1999 U.S. Sales Top Three Million

Ford's 1999 U.S. Sales Top Three Million

Ford sales of new cars and trucks surpassed the three million mark in the U.S. It was the earliest date ever that Ford, America's top selling brand of cars and trucks, had reached that milestone. ... Continue reading

Gas Price Leveling Off Prior to Thanksgiving, AAA Survey Shows

Gas Price Leveling Off Prior to Thanksgiving, AAA Survey Shows

Gasoline prices eased 1.1 cents lower in the last month, the first decline after four months of rising prices, according to AAA. ... Continue reading

GM Card Introduces the easyPay Electronic Wallet

GM Card Introduces the easyPay Electronic Wallet

Household International in partnership with General Motors Corporation and CyberCash, Inc., a world leader in e-commerce technologies and services for merchants, announced that it has introduced the "GM Card easyPay Wallet." ... Continue reading

Goodyear Retires Scrap Tires in California Coastal Cleanup

Goodyear Retires Scrap Tires in California Coastal Cleanup

Goodyear dealers accepted dozens of scrap tires found by volunteers who combed the waterfront during Coastal Clean-Up Day. ... Continue reading

Green Car Journal Earns Top Automotive Media Honors

Green Car Journal Earns Top Automotive Media Honors

Green Car Journal, a leading auto industry publication, was honored with eight awards, including Best of Division, at this month's 1999 International Automotive Media Conference (IAMC). ... Continue reading

Holiday RV Completes 1st Acquisition In RV Industry Consolidation Plan

Holiday RV Completes 1st Acquisition In RV Industry Consolidation Plan

Holiday RV Superstores, Inc. announced it completed the acquisition of County Line Select Cars and RVs, Inc. for $6.5 million in cash and notes convertible to stock. ... Continue reading

IMPCO Technologies Announces Fiscal 2000 Second Quarter Results

IMPCO Technologies Announces Fiscal 2000 Second Quarter Results

IMPCO Technologies Inc. announced record operating results for its fiscal 2000 second quarter, supported by increased products sales for alternative fueled vehicles and growing demand for products and engine systems used in industrial applications. ... Continue reading

Intermet Acquires Leading Automotive Suppliers

Intermet Acquires Leading Automotive Suppliers

Intermet Corporation announced that it has entered into a definitive agreement with JJM, LLC, Gantec II, LLC, and Cerberus Institutional Partners, L.P., to purchase Ganton Technologies, Inc., and Diversified Diemakers, Inc. ... Continue reading

IRL: Barnhart, Ray give thumbs up to Kentucky Speedway

IRL: Barnhart, Ray give thumbs up to Kentucky Speedway

IRL: Barnhart, Ray give thumbs up to Kentucky Speedway ... Continue reading

I-Sim Awarded Driving Simulator Contract for Tennessee Technology Center

I-Sim Awarded Driving Simulator Contract for Tennessee Technology Center

I-Sim Corporation announced it has signed an agreement with the Tennessee Technology Center at Shelbyville to construct a TranSim(TM) driving simulator for its truck driver training. ... Continue reading

Johnson Controls Increases Dividend for 25th Consecutive Year

Johnson Controls Increases Dividend for 25th Consecutive Year

The Directors of Johnson Controls, Inc. increased the quarterly cash dividend on common shares to $.28 per share from $.25. The dividend is payable January 5, 2000 to shareholders of record December 15, 1999. ... Continue reading

Landstar Announces Dayton Facility Commences Production

Landstar Announces Dayton Facility Commences Production

Landstar Inc. has commissioned its production demonstration facility and has commenced production of demonstration quantities of Activated Modified Rubber (AMR). ... Continue reading

Lexus Focuses on Safety in New National Ad Campaign and Web Site

Lexus Focuses on Safety in New National Ad Campaign and Web Site

Lexus announced the launch of a new national advertising campaign and Web site linking Lexus with safety. ... Continue reading

Liteglow Industries Inc. Reports Sales & Earnings for the Month

Liteglow Industries Inc. Reports Sales & Earnings for the Month

Lou Wiener, COO of Liteglow Industries Inc., announced sales and profit results for the month of October 1999, and for the 10 months ended Oct. 31, 1999. ... Continue reading

Majestic Files Form 10-SB Registration to Become Fully Reporting

Majestic Files Form 10-SB Registration to Become Fully Reporting

The Majestic Companies Ltd. announced that on Friday, Nov. 12, 1999, it took the final step towards becoming a fully reporting issuer by filing the company's Form 10-SB Registration Statement with the Securities and Exchange Commission. ... Continue reading

Manhattan Projects Announces RepairTalk

Manhattan Projects Announces RepairTalk

Manhattan Projects, LLC announced the release of RepairTalk (TM), an interactive voice-response server that provides service writers with a better way to manage repair orders. ... Continue reading

Mercedes-Benz All New 2000 S-Class Continues to Garner Awards

Mercedes-Benz All New 2000 S-Class Continues to Garner Awards

The all-new 2000 Mercedes-Benz S-Class sedan was selected as a winner of Popular Science's 1999 Best of What's New award. ... Continue reading

Mercedes-Benz New U.S. Factory Delivery Program Goes 'X-Tra Mile'

Mercedes-Benz New U.S. Factory Delivery Program Goes 'X-Tra Mile'

Customers purchasing the award-winning Mercedes-Benz M-Class can now put their new SUV through its paces just a short walk from its birthplace in Tuscaloosa, Ala. ... Continue reading

Michael R. Miller Named President of CRAGAR Industries, Inc.

Michael R. Miller Named President of CRAGAR Industries, Inc.

CRAGAR Industries, Inc. reported that its Board of Directors has appointed Michael R. Miller as CRAGAR's President, effective immediately. ... Continue reading

Michelin Sues Bandag for Retreader Freedom of Choice

Michelin Sues Bandag for Retreader Freedom of Choice

Michelin Retread Technologies, Inc. and Michelin North America, Inc. filed a lawsuit against Bandag, Inc. contending that Bandag has engaged in exclusionary conduct to maintain its monopoly position in the sale and distribution of retread tire systems. ... Continue reading

Mobil Corporation CEO, Lucio Noto, Named Petroleum Executive of the Year

Mobil Corporation CEO, Lucio Noto, Named Petroleum Executive of the Year

Lucio A. Noto, Chairman and CEO of Mobil, was named the 1999 recipient of the Petroleum Executive of the Year Award on Tuesday at the 20th Oil and Money Conference, co-hosted by Energy Intelligence Group and the International Herald Tribune. ... Continue reading

Motor Club of America Announces Third Quarter and Nine Month Results

Motor Club of America Announces Third Quarter and Nine Month Results

Motor Club of America announced its third quarter and nine month results for the period ended September 30, 1999. ... Continue reading

NASCAR WCUP: Skoal Racing's final ride to come at Atlanta

NASCAR WCUP: Skoal Racing's final ride to come at Atlanta

NASCAR WCUP: Skoal Racing's final ride to come at Atlanta ... Continue reading

National-Standard Company Reports $5.4 Million Income for 1999

National-Standard Company Reports $5.4 Million Income for 1999

National-Standard reported that net income in the fiscal year ended September 30, 1999 improved to $5.4 million compared to a loss of $6.7 million in fiscal 1998. ... Continue reading

New Brochure Compares Head Injury Protection For New Cars, Trucks

New Brochure Compares Head Injury Protection For New Cars, Trucks

"Buying A Safer Car 2000 provides important safety information that consumers should consider when shopping for a new family car," Secretary Slater said. ... Continue reading

Nissan Launches Spanish Language Advertising Campaign

Nissan Launches Spanish Language Advertising Campaign

Nissan North America, Inc. and its Latino Advertising Agency, launched a Spanish advertising campaign aimed at raising awareness of Nissan's 2000 Model Year Altima and Frontier Crew Cab models among Hispanic new car buyers in the U.S. ... Continue reading

Precision Auto Care Announces 1st Quarter Results And Continues Restructuring

Precision Auto Care Announces 1st Quarter Results And Continues Restructuring

Precision Auto Care, Inc. announced for the fiscal quarter ending September 30, 1999, a loss of $1.6 million or ($0.27) per share. ... Continue reading

PRIMEDIA Names Automotive Industry Leader Jean Jennings Editor in Chief of Automobile Magazine

PRIMEDIA Names Automotive Industry Leader Jean Jennings Editor in Chief of Automobile Magazine

David Tanzer, president and chief executive officer, PRIMEDIA Consumer Magazines, announced that Jean Jennings, 45, currently deputy editor of Automobile Magazine, has been named editor in chief of the magazine, effective January 1, 2000. ... Continue reading

Quantum Group Offers World's First CO Detector for Automobiles

Quantum Group Offers World's First CO Detector for Automobiles

Carbon monoxide (CO) is the leading cause of poisoning fatalities in the United States and most other countries. What most people don't realize is that the home is not where they're most vulnerable to CO. ... Continue reading

Questor Partners Fund Sells AP Automotive Systems to Faurecia

Questor Partners Fund Sells AP Automotive Systems to Faurecia

Questor Partners Fund I, L.P., announced that it had reached an agreement to sell AP Automotive Systems to Faurecia, a leading French-based automotive supplier created in 1998 by the merger of Bertrand Faure and PSA Peugeot Citroen's ECIA subsidiary. ... Continue reading

Raytech Corporation Announces Third Quarter Results

Raytech Corporation Announces Third Quarter Results

Raytech Corporation announced net income for the thirteen-week period ended October 3, 1999 amounting to $3.4 million, or $.98 per basic share as compared with $3.1 million or $.90 per basic share for the corresponding period in 1998. ... Continue reading

Reynolds and Reynolds Board Approves Dividend Increase

Reynolds and Reynolds Board Approves Dividend Increase

The Reynolds and Reynolds Company board of directors increased the company's quarterly dividend 10% on its Class A common shares to 11 cents per share from 10 cents per share, payable Jan 13, 2000 to shareholders of record as of Dec 17, 1999. ... Continue reading

Safelite Glass Corp. Reports Quarter Ended October 2, 1999 Results

Safelite Glass Corp. Reports Quarter Ended October 2, 1999 Results

Safelite Glass Corp., the leader in the automotive glass replacement and repair industry, reported the results for its fiscal quarter ended October 2, 1999. ... Continue reading

Safety Components Reports That Audit Committee Investigation to be Completed

Safety Components Reports That Audit Committee Investigation to be Completed

Safety Components International, Inc. announced that it has been advised by its Audit Committee, that the Committee anticipates completing its previously announced investigation within 30 to 45 days. ... Continue reading

SatCon Technology Acquires Power Electronics Products

SatCon Technology Acquires Power Electronics Products

SatCon Technology Corporation announced the acquisition of the power electronics products business unit from Northrop Grumman Corporation. ... Continue reading

SCCA: Five additional Speedvision World Challenge dates announced

SCCA: Five additional Speedvision World Challenge dates announced

SCCA: Five additional Speedvision World Challenge dates announced ... Continue reading

.S. Electricar Announces New Name

.S. Electricar Announces New Name

U.S. Electricar Inc. announced at the 1999 North American Electric Vehicle and Infrastructure Conference and Exposition, held in Atlanta, that the company has selected "Enova Systems" as its new corporate identity. ... Continue reading

Sesame Street and Ford Present Bilingual Safety Campaign in Boston

Sesame Street and Ford Present Bilingual Safety Campaign in Boston

Ford Motor Company, the Children's Television Workshop (CTW) and the National Safety Council have teamed up to bring "Buckle Up with Sesame Street," their 1999-2000 national multi-city safety tour to Boston. ... Continue reading

Sheldahl, Inc. Refinances Longmont Facility

Sheldahl, Inc. Refinances Longmont Facility

Sheldahl, Inc. said that previously announced financing related to the outstanding real estate loan for the Longmont facility has been successfully renegotiated and at terms favorable to the Company. ... Continue reading

Simpson Industries, Inc. Declares Quarterly Dividend

Simpson Industries, Inc. Declares Quarterly Dividend

Simpson Industries, Inc. announces that its Board of Directors declared a quarterly dividend in the amount of $.10 per share. ... Continue reading

Study Shows Urban Traffic Increasing

Study Shows Urban Traffic Increasing

An analysis of the Texas Transportation Institute's (TTI) annual urban congestion study concluded that urban traffic continues to get worse, but adding regional highway capacity has significantly slowed increases in congestion. ... Continue reading

Sudam F-3 Final Round Held in Interlagos Sunday

Sudam F-3 Final Round Held in Interlagos Sunday

Sudam F-3 Final Round Held in Interlagos Sunday ... Continue reading

Sudam F-3 Round 17 held in Heavy Rain

Sudam F-3 Round 17 held in Heavy Rain

Sudam F-3 Round 17 held in Heavy Rain ... Continue reading

Thanksgiving Means More Cars - And Trucks - AAA Says

Thanksgiving Means More Cars - And Trucks - AAA Says

Highways will be even more crowded this Thanksgiving holiday than last year, and not just with cars. Trucks won't be on holiday, so AAA advises motorists to take special care driving around big trucks. ... Continue reading

Tilden Associates Inc. Reports Earnings for the Nine Month Period Ended Sept. 30, 1999

Tilden Associates Inc. Reports Earnings for the Nine Month Period Ended Sept. 30, 1999

Tilden Associates Inc. reported income before provision for income taxes of $178,130 and a deferred provision for income taxes of $60,000 resulting in a net income of $118,130 or $.013 per share on revenues of $1,097,959 for the nine month period. ... Continue reading

Titan Reports Third Quarter Results

Titan Reports Third Quarter Results

Titan Motorcycle Company of America announced third quarter results, with sales of $5.85 million and a net loss of $1.56 million or $0.09 per share. ... Continue reading

United PanAm Financial Corp. Announces Block Purchase

United PanAm Financial Corp. Announces Block Purchase

United PanAm Financial Corp. announced that it has repurchased 240,000 shares of its common stock at $1.25 per share in a block transaction. This brings to a total of 1,375,000 shares repurchased this year. ... Continue reading

USAR Hooters ProCup Series 2000 Schedule

USAR Hooters ProCup Series 2000 Schedule

USAR Hooters ProCup Series 2000 Schedule ... Continue reading

UTI and DuPont Form New Educational Alliance

UTI and DuPont Form New Educational Alliance

Universal Technical Institute (UTI) and DuPont Performance Coatings have created an educational alliance to provide training to future collision refinishing technicians. ... Continue reading

Visteon Wins Technology Award at SAE Congress in Brazil

Visteon Wins Technology Award at SAE Congress in Brazil

Visteon Automotive Systems has won a technology award for doing what it does best -- delivering leading-edge systems driven by consumer insights. ... Continue reading

Woodhead Industries Announces Earnings Per Share of $0.30 for Q4

Woodhead Industries Announces Earnings Per Share of $0.30 for Q4

Woodhead Industries, Inc. reported that net sales for the 13 weeks ended October 2, 1999 rose 7 percent to $42,202,000 compared with $39,600,000 reported for the fourth quarter of fiscal 1998. ... Continue reading

Woodward Reports Record Fourth Quarter and Fiscal 1999 Results

Woodward Reports Record Fourth Quarter and Fiscal 1999 Results

Woodward Governor Company reported record financial results for the fourth fiscal quarter and year ended September 30, 1999. ... Continue reading

Workers File Lawsuits Charging InterParking with Wage and Hour Violations

Workers File Lawsuits Charging InterParking with Wage and Hour Violations

Parking workers in Washington, D.C. filed three lawsuits in federal district court charging InterParking with Fair Labor Standards Act violations, including not pay workers for hours worked. ... Continue reading

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