1st Source Announces Record Q4, Year End Earnings
1st Source Corporation, parent company of 1st Source Bank, reported net income for the fourth quarter of 1999 of $10.8 million, 24.7 percent higher than the restated net income of $8.6 million reported for the fourth quarter of 1998. ... Continue reading
Abrams Travel Data Issues Year 2000 Forecast for U.S. Car Rentals
Prospects for the U.S. car rental industry look positive for 2000, according to Abrams Travel Data Services (ATD), a Long Beach, CA-based research firm specializing in analytical market data on the auto rental, travel service, and fleet industries. ... Continue reading
AIAG's Year 2000 Program Yields Long-Term Benefits
After successfully implementing its Year 2000 Supplier Readiness Program, the Automotive Industry Action Group's OEM Year 2000 Task Force announced that the group's efforts will yield long-term benefits for the automotive industry. ... Continue reading
American Iron and Steel Institute: ULSAB-AVC Consortium Sets Targets
The ULSAB-AVC Consortium has set targets for its advanced concepts vehicle that can help automakers in their efforts to build the next generation of safe, affordable, fuel efficient and environmentally responsible vehicles. ... Continue reading
ARAMARK Uniform Services Acquires Sunshine Uniform Rental in Orlando
ARAMARK Uniform Services announced that it has acquired Sunshine Uniform Rental of Orlando, Fla., part of the Rental Uniform Services group of Florence, S.C. ... Continue reading
Autobytel.com Acquires CarSmart.com
Autobytel.com announced the closing of its acquisition of A.I.N. Corporation, the owner of CarSmart.com, one of the leading online buying sites for new and usedvehicles. ... Continue reading
Autolink.com(SM) Opens Its Information Technology Headquarters in Florida
Autolink.com, the nation's first independent, business-to- business Web site established exclusively for automotive retailers, announced the opening of its Information Technologies Headquarters in Weston, Florida. ... Continue reading
Awareness of Air Bag Risks Falls as Number of Air Bag Equipped Vehicles Rises
New data released by the Air Bag and Seat Belt Safety Campaign shows that awareness of the risks of injury and death to children from air bags is declining as the number of air bag equipped vehicles is rapidly increasing. ... Continue reading
Brown & Sharpe Announces 4th Quarter 1999 Earnings
Brown & Sharpe Manufacturing Company announced a net loss for the quarter ended December 31, 1999 of $16.8 million on sales of $86.5 million compared to a net income of $6.6 million on sales of $94.2 million for the same period in 1998. ... Continue reading
CART Family Absorbs Another Loss
CART Family Absorbs Another Loss ... Continue reading
CART: Nike joins with CART to create Nike racing apparel line
CART: Nike joins with CART to create Nike racing apparel line ... Continue reading
Consumers' Choice Award Presented to ABRA Auto Body & Glass
ABRA Auto Body & Glass announced that their repair centers in the Atlanta market have been chosen as the recipient of the Consumers' Choice Award in the Auto Body Repair category. ... Continue reading
Con-Way Makes Heavy Investment in Operations and Infrastructure
Con-Way Western Express (CWX) released figures showing its total infrastructure investments made during 1999. ... Continue reading
CON-WAY Promotes David L. Miller to VP, Strategic Planning
David L. Miller, a 28-year veteran of the trucking industry, has been promoted from director to vice president, strategic planning for Con-Way Transportation Services (CON-WAY). ... Continue reading
CyberMark Introduces Loyalty Application for Auto Dealerships
CyberMark, the leading developer and supplier of smart card solutions for closed campus markets announces it has developed a smart card based coupon for the automotive industry. ... Continue reading
DaimlerChrysler Fuel Cell Subsidiary and Shell Develop Multi-Fuel Processor
Thetechnology to turn gasoline into hydrogen for powering environmentally friendly fuel cells has been successfully developed and tested in a collaborative research project. ... Continue reading
Delphi to Display a 'Smart' Approach to E/E Architecture at SAE 2000
Delphi Automotive Systems' expertise as a "solutions provider" to automakers will be on display with its new "smart" seat subsystem, to be unveiled at the Society of Automotive Engineers (SAE) 2000 World Congress, March 6-9. ... Continue reading
Detroit Camper & RV Show is Coming to Novi
The Michigan Association of Recreational Vehicles and Campgrounds (MARVAC) is sponsoring the 34th Annual Detroit Camper & RV Show in Novi, February 16-20, 2000, at the Novi Expo Center. ... Continue reading
Donnelly to Expand Electronics Capabilities in Ireland
To meet growing demand for its automotive electronic products, Donnelly Corporation has agreed to acquire the Longford, Ireland, manufacturing assets of IEC Electronics Corporation. Terms of the cash deal were not disclosed. ... Continue reading
eCoverage Inks Alliance With Autobytel.com
eCoverage announced the completion of their contract to join the Autobytel.com comparative quote auto insurance program. ... Continue reading
Esurance Inks Deal to Join Autobytel.com Auto Insurance Comparator
Esurance Inc. announced an agreement with Autobytel.com, the leading international automotive e-commerce provider, to offer auto insurance directly through Autobytel.com's web site (http://www.autobytel.com). ... Continue reading
Exchange Offer for 15% Senior Discount Notes Issued by Petro Extended
Petro Stopping Centers L.P. announced that the offer of Petro Stopping Centers Holdings L.P. to exchange $113.4 million of Series A Senior Discount Notes Due 2008 for 15% Series B Senior Discount Notes Due 2008 has been extended until Feb. 18, 2000. ... Continue reading
Federal-Mogul Achieves Ford Q1 Status
Federal-Mogul Corporation's Windsor, Ontario, Canada, facility has received Ford Motor Company's Q1 Award for outstanding quality. ... Continue reading
Federal-Mogul Appoints Tim Wheeler, Director, Electronic Business Development
Bonnie Price, vice-president of Customer Service and Distribution, Federal-Mogul Corporation announces the appointment of Tim Wheeler to the position of director, electronic business development, effective immediately. ... Continue reading
Federal-Mogul Named CARQUEST Vendor of the Year for 1999
For the first time, Federal-Mogul Corporation has been named CARQUEST Vendor of the Year for 1999. Federal-Mogul supplies CARQUEST with bearings and seals. ... Continue reading
Ford's F-150 Pickup is Recognized In Annual Environmental Vehicle Rankings
Ford Motor Company's F-150 pickup truck has been selected as a top environmental choice by the American Council for an Energy Efficient Economy (ACEEE), in its annual listing of the most environmentally friendly vehicles. ... Continue reading
Formula One: Bar, Villeneuve aim for reliable results in 2000
Formula One: Bar, Villeneuve aim for reliable results in 2000 ... Continue reading
Fujitsu's Innovative MB86290A Graphics Display Controller
Fujitsu Microelectronics Europe is showing the MB86290A, the first Graphics Display Controller of a new family, at the Embedded Systems Show in Nurnberg. ... Continue reading
Gas Prices Increase 37 Cents Since Last Presidents' Day Holiday
The average price of self-serve regular unleaded gasoline in central and western Washington has increased 37.7 cents per gallon since last Presidents' Day to $1.404 per gallon. A 2.7 cent increase since December 1999. ... Continue reading
Hardware Fabrication Validates Advanced Design for Steel Closures
Comparisons of finite element analysis and initial measurements of demonstration hardware indicate that the UltraLight Steel Auto Closures frameless door design has achieved the program's aggressive design objectives. ... Continue reading
Hayes Lemmerz Forms Equipment & Engineering Division
Hayes Lemmerz International, Inc. announced that it has consolidated its two independent equipment operations, Equipment & Engineering and Process Control Automation, into one larger, more focused and efficient operation,. ... Continue reading
Hayes Lemmerz Special Committee Appoints Advisors
Hayes Lemmerz International, Inc. announced that the Special Committee of the Board of Directors has appointed Wasserstein Perella & Co. as its financial advisor and Wachtell, Lipton, Rosen & Katz as its counsel. ... Continue reading
Invensys Sells Australian Axle and Stamping Business
Invensys plc announced the sale of its Australian Automotive Axle & Stamping business to Dana Corporation for a cash consideration of A$100 million (US$63 million; (pound)39 million). ... Continue reading
IRL: Cheever team testing in Phoenix
IRL: Cheever team testing in Phoenix ... Continue reading
IRL/IROC: Indy Racing stars eager for challenge at IROC Daytona opener
IRL/IROC: Indy Racing stars eager for challenge at IROC Daytona opener ... Continue reading
J. B. Hunt Transport Services, Inc. Makes Announcement
J. B. Hunt Transport Services, Inc. announced that the Board of Directors has voted to discontinue its policy of paying quarterly cash dividends. ... Continue reading
Local Thrifty Car Rental Opens at The Imperial Palace
Qualcar, L.L.C. dba Thrifty Car Rental of Las Vegas, continues to expand in the local market with the February 16, 2000 opening of a new hotel facility located inside the Imperial Palace Hotel and Casino. ... Continue reading
Lord Clive Hollick Named To TRW Board Of Directors
TRW Inc. announced the election of Lord Clive Hollick to the company's board of directors. The appointment, made at the company's regular board meeting, is effective immediately and increases the number of TRW directors to 14. ... Continue reading
Lord Clive Hollick Named To TRW Board Of Directors
TRW Inc. announced the election of Lord Clive Hollick to the company's board of directors. The appointment, made at the company's regular board meeting, is effective immediately and increases the number of TRW directors to 14. ... Continue reading
lowestpremium.com Goes Live in Sacramento
lowestpremium.com is now live in Sacramento. The auto insurance shopping service, already launched in Fresno, California, now adds Sacramento and surrounding cities to its service area. ... Continue reading
Meritor Opens its First Wholly-Owned Mexican Heavy Vehicle Systems Assembly Plant
Meritor Automotive, Inc., one of the world's leading suppliers of components and systems to automotive original equipment manufacturers (OEMs), inaugurated its first wholly-owned Mexican Heavy Vehicle Systems assembly plant. ... Continue reading
NASCAR BGN: Jason Jarrett makes most of Speedway testing; Opens up strong BGN practice at Daytona
NASCAR BGN: Jason Jarrett makes most of Speedway testing; Opens up strong BGN practice at Daytona ... Continue reading
NASCAR WCUP: Benson burns fastest lap in Tuesday practice for Daytona 500
NASCAR WCUP: Benson burns fastest lap in Tuesday practice for Daytona 500 ... Continue reading
NASCAR WCUP: Daytona Wednesday Practice Notes, Robby Gordon
Daytona Wednesday Practice ... Continue reading
NASCAR WCUP: Michael Holigan sends Volusia County 'Teachers of the Year' to Daytona
NASCAR WCUP: Michael Holigan sends Volusia County 'Teachers of the Year' to Daytona ... Continue reading
NASCAR WCUP: Stewart tangles with Robby Gordon during practice at Daytona
NASCAR WCUP: Stewart tangles with Robby Gordon during practice at Daytona ... Continue reading
New Education Financing Kit, Scholarships Offered, AAA Says
A chance for students to win a college scholarship may be just a phone call away, according to AAA. High school and college students can enter AAA Financial Services' college scholarship sweepstakes simply by calling 1-877-222-6391. ... Continue reading
New Officers of Michigan Rivet Corporation
Due to health reasons, William B. Stade resigned as President of Michigan Rivet Corporation, effective February 16, 2000. However, he will remain as Chairman of the Board. ... Continue reading
New Study Looks At How Auto Dealers Manage Their Web Sites
Many auto dealer Web sites meet consumer expectations, but some dealers fail to deliver all the information needed to make a purchase decision, according to research results released today by Friedman-Swift Associates. ... Continue reading
Nissan Names New Corporate Communications V.P.
Nissan North America, Inc., (NNA) announced that effective immediately, Debra Sanchez Fair, 39, will be promoted to the position of Vice President, Corporate Communications. ... Continue reading
Onyx Acceptance Addresses Class Action Lawsuit
Onyx Acceptance Corp reported that the Company and certain of its officers and directors have been named as defendants in a lawsuit filed in the United States District Court for the Central District of California seeking class action status. ... Continue reading
OSI Systems Announces ISO 9001 Certification for Rapiscan Facility
OSI Systems Inc. announced that its wholly-owned Rapiscan subsidiary has received ISO 9001 certification for its site in Hawthorne. ... Continue reading
parts.com and M&M's(R) Chocolate Candies Set to Take NASCAR by Storm
parts.com, Inc. announced that it has joined NASCAR Winston Cup Racing as Associate National Sponsor of the M&M's Racing Team No. 36 Pontiac and MB2 Motorsports. ... Continue reading
PARTS UNLIMITED AND DRAG SPECIALTIES EXTEND INVOLVEMENT WITH AMA SUPERBIKE, FLAT TRACK
PARTS UNLIMITED AND DRAG SPECIALTIES EXTEND INVOLVEMENT WITH AMA SUPERBIKE, FLAT TRACK ... Continue reading
Pep Boys Rolls Out E3's Inventory Management Solutions To Over 650 Locations
Pep Boys announced that E3 Corporation, the global leader of inventory management and replenishment solutions, is the chosen company to help streamline inventory processes and increase profitability. ... Continue reading
Progressive Selects Mustang.com to Enhance Online Customer Communications
Mustang.com, Inc. announces Progressive.com has implemented Mustang.com's Award-winning Mustang Message Center(TM) eService solution. Progressive.com is the most visited auto insurance provider on the Web. ... Continue reading
Public Meetings to Be Held on Route 24/Caldecott Tunnel Study
The Metropolitan Transportation Commission, in cooperation with Caltrans, the Alameda County Congestion Management Agency, and the Contra Costa Transportation Authority will host two public meetings on the Route 24/Caldecott Tunnel Corridor Study. ... Continue reading
Registration Opens For Historic Route 66 Motorcycle Tour
Kirk Woodward, CEO of HHJM, Inc., has announced the opening of Early Bird Registration for The 6th Annual Mother Road Ride/Rally on June 10, 2000. ... Continue reading
Rent-a-Wreck of America Reports Record Nine-Month Earnings
Rent-A-Wreck of America, Inc. announced results for the third quarter and nine-month period ended December 31, 1999. ... Continue reading
Rosen Products Pushes the Envelope With Stellar Slate
Rosen Products brings its strong reputation in corporate aviation and automotive industries to a stellar slate of plans and products as it moves into the new millennium. ... Continue reading
Safe High School Driver Program
The California Highway Patrol does not issue a single speeding ticket to any of the 400 Bay Area teens who will slam on the brakes and skid out of control at Sears Point Raceway during AAA's High Safe School Driver Program, Feb. 28-March 2. ... Continue reading
Safelite Glass Corp. Reports Quarter Ended January 1, 2000 Results
Safelite Glass Corp., the leader in the automotive glass replacement and repair industry, reported the results for its fiscal quarter ended January 1, 2000. ... Continue reading
Six Truckers Named As Finalists For Goodyear's Hero Award
Six professional truck drivers who risked their own lives to help others have been selected as finalists for the 1999 Goodyear North America Highway Hero Award, the trucking industry's most prestigious award for heroism. ... Continue reading
Southern California Gas Prices Go On a Roller Coaster Ride
Following an increase in December and a drop in January, gas prices in Southern California rose again by 4.4 cents per gallon in February, according to the Automobile Club of Southern California Fuel Gauge Report. ... Continue reading
Subaru Announces Pricing on 2001 Model Year Forester
Subaru of America, Inc. (SOA) announced the Manufacturer's Suggested Retail Price (MSRP) of the 2001 model year Forester model line. ... Continue reading
Supplybase Introduces Supplybase.source
Supplybase introduces Supplybase.source, an online manufacturing marketplace that matches buyers and suppliers of custom parts and assemblies in the high-tech, automotive, medical, and consumer electronics markets. ... Continue reading
UautoBid's Net Showroom Allows Auto Dealers to Instantly Close Retail Sales
Auto dealers can run their own web site auction by using UautoBid's Net Showroom(TM). ... Continue reading
Ugly Duckling Reports Financial Results for 1999
Ugly Duckling Corp., the largest and fastest-growing used car sales company focused exclusively on the sub-prime market, today reported significant improvement in its fourth-quarter and full-year 1999 financial results. ... Continue reading
ULSAB-AVC's Contemporary Styling Approach Showcases Program's Technology
Styling is an essential part of any vehicle development process and the ULSAB-AVC program is no exception. Vehicle styling is a major influence over body structure, closures, package, electrical components, aerodynamics and evenmass. ... Continue reading
Use of ULSAB Technologies by Automakers Growing Rapidly
In the nearly two years since the global steel industry unveiled its UltraLight Steel Auto Body (ULSAB), automakers steadily have been increasing their uses of the advanced steel technologies that ULSAB demonstrated so effectively. ... Continue reading
V-Twin Reports Second Quarter; Early Results Show Early Success
V-Twin Holdings, Inc. announced financial results for the second quarter ended December 31, 1999. ... Continue reading
Williams Controls Reports First Quarter Results
Williams Controls, Inc. announced its results for its fiscal first quarter ended December 31, 1999. ... Continue reading
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