1999 Contributions to Delphi Hourly Pension Fund Exceed $1 Billion
Delphi Automotive Systems announced it has used a portion of its strong year-to-date cash flow to pre-pay an additional $325 million to its U.S. hourly pension fund on December 15. ... Continue reading
Action Performance Announces Corporate Developments
Action Performance Companies Inc. announced that first quarter results will be lower than expectations due to delays encountered in completing and implementing special promotional programs. ... Continue reading
African Americans On Wheels Announces Nominees For Awards
African Americans On Wheels magazine will present its Fourth Annual Urban Wheel Awards at an invitation-only reception on Thursday, Jan. 13, 2000, beginning at 7 p.m. ... Continue reading
Atlantic Express Transportation Awarded Paratransit Service Contract
The Atlantic Express Transportation Group Inc. announced that the NJ Transit Board of Directors has approved the award of an $18.2 million, five-year contract to Atlantic Paratrans, Inc., the Company's paratransit services operating subsidiary. ... Continue reading
Bridgestone/Firestone CEO named ``Executive of the Year''
Bridgestone/Firestone Chairman and Chief Executive Officer Masatoshi Ono has been named "Executive of the Year" by Rubber and Plastics News, the rubber industry's international newspaper. ... Continue reading
California Fuel Cell Partnership to Build Vehicle and Fueling Facility In Capital Region
The California Fuel Cell Partnership announced plans to construct a headquarters office in West Sacramento which will house fuel cell electric vehicles and a hydrogen refueling station. ... Continue reading
Continental Teves' Drive Safer America! 'Stomp, Stay, Steer' Video: Now in Spanish
Continental Teves' Drive Safer America! program now reaches Spanish-speaking drivers and educators with a Spanish-language version of its "Stomp, Stay, Steer" video. ... Continue reading
Copart Announces Pursuit of IRS Ruling for Planned Tax-free Spin-off
Copart, Inc. announced that its Board of Directors has approved the creation of a subsidiary to operate and expand Copart's Internet businesses which provide quotes of salvage vehicle values and locate used automobile parts. ... Continue reading
DaimlerChrysler Reports Plant Schedule For Week of Dec 20, 1999
DaimlerChrysler Corporation reports eight of its nine U.S. assembly plants and all three Canadian assembly plants will operate the week of December 20, 1999. ... Continue reading
Dana's Spicer Driveshaft Division Receives Australian Award
Dana Corporation's Spicer Driveshaft Australia Division has received Australia's Best Manufacturer Award for overall achievement in Manufacturing Excellence. ... Continue reading
Delphi to Use its Automotive Batteries for Y2K Backup
Delphi Energy & Engine Management Systems is setting up special Delphi-manufactured automotive battery systems to use as a backup in case of a power failure at its Y2K command center in Flint, Mich., and its backup command center in Dayton, Ohio. ... Continue reading
Detroit-Based Urban Science Acquires Spain-Based Precisa
Urban Science, the world leader in marketing management and sales analysis, announced the acquisition of Precisa based in Madrid, Spain. ... Continue reading
E-Commerce Threatened by Government; Prompts Criticism by Internet Advocates
Leading e-commerce advocates are speaking out against a dangerous, precedent-setting effort by government to deny consumers access to an Internet site designed to provide a convenient alternative in shopping for pre-owned vehicles. ... Continue reading
Fender Bender? Move it Off the Highway Says CHP
According to the California Highway Patrol (CHP) there's a new law (SB 681) which permits drivers involved in minor traffic collisions to move their vehicles off the main lanes of a highway even before officers arrive at the scene. ... Continue reading
Ferdinand Porsche Named Finalist for 'Car Engineer of the Century' Award
Ferdinand Porsche, an automotive innovator and a driving force for what has become one of the world's leading sports car manufacturers, has been selected as one of five finalists for the Car Engineer of the Century Award. ... Continue reading
Gas Prices Increase 30 Cents Since Last Holiday Season, AAA Reports
The average price of self-serve regular unleaded gasoline in central and western Washington has increased 30.6 cents per gallon since last Christmas/New Year's holiday season to $1.376 per gallon. A 2.7 cent increase since Thanksgiving 1999. ... Continue reading
General Motors Will Create 1,000 New Jobs in North Carolina As Part of New OnStar Facility
Gov. Jim Hunt and General Motors Corporation announced the creation of 1,000 new jobs in North Carolina to staff a call center operation for OnStar, the leading in-vehicle safety, security, and information service. ... Continue reading
Glas Aire Reports Record Third Quarter & Nine Month Results
Glas Aire Industries Group, Ltd., a leading designer and maker of sunroof wind deflectors, hood deflectors, rear-air deflectors and door visors for cars, light trucks and vans, announced record results for the third quarter and nine months. ... Continue reading
Invensys Sells Australian Automotive Business
Invensys plc announces the sale of its Australian Automotive Casting & Forging business to Australian Mezzanine Investments Pty Limited (AMIL) for a cash consideration of A$50 million ((pound)20 million). ... Continue reading
IRL: Indy Racing standout Dismore selected to compete in IROC in 2000
IRL: Indy Racing standout Dismore selected to compete in IROC in 2000 ... Continue reading
IRL: McGehee and Unser ham it up on popular MTV show
IRL: McGehee and Unser ham it up on popular MTV show ... Continue reading
IRL: Rookie Hornish signs with PDM Racing for 2000 Indy Racing season
IRL: Rookie Hornish signs with PDM Racing for 2000 Indy Racing season ... Continue reading
IRL: Ross Cheever to continue testing for big brother; USAC stars to take Indy Racing test
Ross Cheever to continue testing for big brother; USAC stars to take Indy Racing test ... Continue reading
Lear's Contributions to United Way Surpass Other Tier 1 Auto Suppliers
Lear Corporation and its employees in the metropolitan Detroit area pledged a record of more than $900,000 in contributions to this year's Torch Drive through the 1999 United Way employee solicitation campaign. ... Continue reading
Manufacturers try to Champion the Merits of Biodegradable Lubricants
Competing in established lubricant markets is difficult enough, without having to prove price performance ratios and the merits of going green at the same time. ... Continue reading
He may be the most influential automotive journalist of our time, but he calls himself simply a "car nut." He is David E. Davis Jr., the wickedly wise and witty founder and editor of Automobile Magazine. ... Continue reading
Michigan Rivet Corporation Declares Dividend
The Board of Directors of Michigan Rivet Corporation declared a regular dividend of twelve cents ($.12) per share and an extra dividend of twelve cents ($.12) per share payable January 24, 2000 to Shareholders of Record as of January 3, 2000. ... Continue reading
Motor Club of America To Acquire Mountain Valley Indemnity
Motor Club of America announced that it had signed a definitive agreement to acquire Mountain Valley Indemnity Company, formerly known as White Mountains Insurance Company, from a subsidiary of Unitrin, Inc. ... Continue reading
NASCAR: Hunt Looks to Race Through NASCAR's Farm System
NASCAR: Hunt Looks to Race Through NASCAR's Farm System ... Continue reading
NASCAR WCUP: Christmas Bells and Wedding Bells for Nadeau
Christmas Bells and Wedding Bells ... Continue reading
NHRA: National Hot Rod Association announces new rule changes for the 2000 racing season
NHRA: National Hot Rod Association announces new rule changes for the 2000 racing season ... Continue reading
Paragon Corporate Holdings, Inc. Names Frank Zaffino President and CEO
Frank D. Zaffino has been named president and chief executive officer of Paragon Corporate Holdings, Inc. Paragon. ... Continue reading
Porsche 911 Nominated as 'Car of the Century' Award Finalist
The Porsche 911 has been selected as one of five finalists for the Car of the Century Award, which along with the Car Designer of the Century, Car Engineer of the Century Award, Car Entrepreneur of the Century, and Car Executive of the Century. ... Continue reading
The Auto Channel--Raceline ... Continue reading
SAE 2000 World Congress Adds Attention-Grabbing New Features
The Society of Automotive Engineers announced the addition of a host of new events for its SAE 2000 World Congress, scheduled for March 6-9, 2000 in Cobo Center, Detroit, Michigan. ... Continue reading
Shiloh Industries Reports Year End Results
Shiloh Industries, Inc., a leading supplier of blanks, stampings and processed steel for the automotive, truck and other industries, announced financial results for its fourth quarter and fiscal year ended October 31, 1999. ... Continue reading
S&P Assigns Rtgs to Bay View 1999-LG-1 Auto Certs
Standard & Poor's assigned its ratings to Bay View 1999-LG-1 Auto Trust's automobile receivable-backed certificates (see list). ... Continue reading
SURF Announces Significant Increase in Business RFQ's
American Surface Technologies International, Inc. is pleased to announce a significant increase in "request for quotations" in Alberta as a result of their introduction of a new grant initiative to encourage the use of recycled waste tire products. ... Continue reading
Textron Acquires a Manufacturer of Fiber Optic Testing Equipment
Textron Inc. announced the acquisition of RIFOCS Corp., a privately-owned manufacturer of fiber optic test and measurement instruments and components for industrial, commercial and aerospace defense technologies. ... Continue reading
U.S. Trucking Industry Ends Century on Safe Note; Accident Trends at Historic Lows
The American Trucking Associations announced that the most recent federal statistics show significant improvements in several major truck safety categories, making the 1990's the industry's safest decade ever. ... Continue reading
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