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April 2000

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Wednesday, April 26, 2000

AK Steel Reports $49 Per Ton Operating Profit in First Quarter

AK Steel Reports $49 Per Ton Operating Profit in First Quarter

AK Steel reported net income of $26.5 million, or $0.24 per diluted share of common stock, for the first quarter of 2000. ... Continue reading

American Axle & Manufacturing Announces First Quarter Earnings Per Share Up 31%

American Axle & Manufacturing Announces First Quarter Earnings Per Share Up 31%

American Axle & Manufacturing Holdings, Inc. reported record first quarter 2000 net income of $40.1 million, an increase of 38 percent over the $29.0 million reported in the first quarter of 1999. ... Continue reading

Automated Credit Exchange Marks Record Highs in Emissions Trading

Automated Credit Exchange Marks Record Highs in Emissions Trading

The Automated Credit Exchange reports that the value of RECLAIM trading credits for nitrogen oxide emissions reached record highs of $4.23 per pound in ACE's most recent electronic market. ... Continue reading

Ballard Ships 250-Kilowatt Stationary Fuel Cell Power Generator

Ballard Ships 250-Kilowatt Stationary Fuel Cell Power Generator

Ballard Generation Systems shipped its second 250-kilowatt stationary fuel cell power generator for field testing through its associated company ALSTOM BALLARD to Bewag AG's Treptow heating plant in Berlin, Germany. ... Continue reading

Bandag Announces First Quarter 2000 Results

Bandag Announces First Quarter 2000 Results

Bandag, Incorporated announced consolidated net earnings of $10.0 million for the quarter ended March 31, 2000, which was flat in comparison to first quarter 1999. ... Continue reading

BOLDER Technologies Joins MIT/Industry Consortium

BOLDER Technologies Joins MIT/Industry Consortium

BOLDER Technologies Corporation has become a full operating member of the MIT/Industry Consortium on Advanced Automotive Electrical/Electronic Components and Systems. ... Continue reading

Brown & Sharpe Announces First Quarter 2000 Earnings

Brown & Sharpe Announces First Quarter 2000 Earnings

Brown & Sharpe Manufacturing Company announced a net loss for the quarter ended March 31, 2000 of $72 thousand on sales of $72.5m compared to a net loss. ... Continue reading

CARH Opens WorldStar Production in the Far East

CARH Opens WorldStar Production in the Far East

Composite Automobile Research, Ltd. through it's wholly owned subsidiary; World Transport Authority Inc., (WTA) is pleased to announce that it has entered into a unique purchase agreement for the Master License in the country of Pakistan. ... Continue reading

CarsDirect.com Names First ''Drive Like the King'' Winner

CarsDirect.com Names First ''Drive Like the King'' Winner

The "Winner's Circle" is a bit crowded as S. Pharr revels in his First Prize victory in the CarsDirect.com "Drive Like the King" sweepstakes. ... Continue reading

Clean School Buses Get High Marks

Clean School Buses Get High Marks

A six-year effort by the Mobile Source Air Pollution Reduction Review Committee (MSRC) to replace old, polluting diesel school buses with clean natural-gas vehicles is paying off as a total of 72 CNG buses are now operating in school districts. ... Continue reading

Craig T. Monaghan Named AutoNation Chief Financial Officer

Craig T. Monaghan Named AutoNation Chief Financial Officer

Michael J. Jackson, Chief Executive Officer of AutoNation, Inc. announced that Craig T. Monaghan has been named Chief Financial Officer of AutoNation, Inc. Mr. Monaghan assumes his new position on May 9. ... Continue reading

Cutler to Become Chairman of Eaton Corporation

Cutler to Become Chairman of Eaton Corporation

Eaton Corporation announced that Alexander M. (Sandy) Cutler will be elected Eaton's chairman and chief executive officer when its current chairman and chief executive officer, Stephen R. Hardis, retires on July 31, 2000. ... Continue reading

Cutler to Become Chairman of Eaton Corporation

Cutler to Become Chairman of Eaton Corporation

Eaton Corporation announced that Alexander M. (Sandy) Cutler will be elected Eaton's chairman and chief executive officer when its current chairman and chief executive officer, Stephen R. Hardis, retires on July 31, 2000. ... Continue reading

DealerSuite.com Smashes the Barriers

DealerSuite.com Smashes the Barriers

Car and truck retailers of all sizes with any variety of dealer management system are discovering DealerSuite.com(SM) as their one-stop Internet workplace. ... Continue reading

Dollar Offers Continental Airlines OnePass Members Double Miles on Leisure Rentals

Dollar Offers Continental Airlines OnePass Members Double Miles on Leisure Rentals

Dollar Rent A Car is offering double miles to all Continental Airlines OnePass members who rent an intermediate size car or larger for three or more days through June 7, 2000.* ... Continue reading

Featherlite Reports First-Quarter Results

Featherlite Reports First-Quarter Results

Featherlite, Inc. reported net sales for the first quarter ended March 31, 2000, of $69.4 million, up 16.8 percent from net sales of $59.4 million last year. ... Continue reading

Genuine Parts Company and Mitchell Repair Combine Technologies

Genuine Parts Company and Mitchell Repair Combine Technologies

Genuine Parts Company, the industry leading distributor of automotive replacement, industrial, office and electrical/electronic replacement parts, announced further enhancements to the Company's Internet strategy. ... Continue reading

Hastings Manufacturing Reports Sharply Higher First-Quarter Earnings

Hastings Manufacturing Reports Sharply Higher First-Quarter Earnings

Hastings Manufacturing Company announced results for the first quarter ended March 31, 2000, highlighted by a strong increase in net income due to improved manufacturing efficiency. ... Continue reading

Holiday RV Superstores Announces Financial Consulting and Investment

Holiday RV Superstores Announces Financial Consulting and Investment

Holiday RV Superstores, Inc., announced its retention of Schneider Securities, Inc. ... Continue reading

Honda and Harley-Davidson/Buell join sponsors for Women & Motorcycling National Conference

Honda and Harley-Davidson/Buell join sponsors for Women & Motorcycling National Conference

Honda and Harley-Davidson/Buell join sponsors for Women & Motorcycling National Conference ... Continue reading

Honda Breaks Ground for New Plant in Alabama    

Honda Breaks Ground for New Plant in Alabama    

Honda Manufacturing of Alabama, LLC broke ground for its new auto and engine plant in Lincoln by announcing it will accelerate the production launch from the original timetable of April 2002 to late 2001. ... Continue reading

Insurance Auto Auctions Announces Q1 Net Earnings Increase

Insurance Auto Auctions Announces Q1 Net Earnings Increase

Insurance Auto Auctions, Inc. announced net earnings for the quarter ended March 31, 2000 of $4.2 million, or $0.35 per diluted share, compared with $2.9 million, or $0.25 per diluted share, for the first quarter of 1999. ... Continue reading

Kennametal Inc. Receives Supplier Award and Contract From Renault

Kennametal Inc. Receives Supplier Award and Contract From Renault

Kennametal Inc. announced it has received the prestigious Optima Award from its customer Renault and a contract to supply metalcutting tooling and technology to a new plant the French automaker is building in Brazil. ... Continue reading

Lee Iacocca Kicks Off Grand Opening of the World's First Retail Energy Store

Lee Iacocca Kicks Off Grand Opening of the World's First Retail Energy Store

Lee Iacocca will arrive via E-Bike to kick off the grand opening of the world's first retail energy store-the Commonwealth Energy Store-in Santa Monica, California on Thursday, April 27 at 10:00 a.m. ... Continue reading

Lithia Motors Reports 64% Net Profit Increase In Q1 2000

Lithia Motors Reports 64% Net Profit Increase In Q1 2000

Lithia Motors, Inc. announced that net earnings for the quarter ended March 31, 2000 rose 64% to $4.96 million compared to $3.03 million in the first quarter of 1999. ... Continue reading

McLaren Announces Completion of 2 Private Stock Placements

McLaren Announces Completion of 2 Private Stock Placements

McLaren Performance Technologies Inc. announced the completion, within the last 40 days, of two private stock placements. ... Continue reading

NADA Selects Chrome Data To Provide New Vehicle Data

NADA Selects Chrome Data To Provide New Vehicle Data

Chrome Data Corporation announced that the National Automobile Dealers Association (NADA) will implement Chrome's Web-based specification and pricing tool, Web Carbook, to provide invoice prices to NADA's new national dealer Internet portal. ... Continue reading

NASCAR BGN: Fedewa hoping for strong run in sponsor's backyard

NASCAR BGN: Fedewa hoping for strong run in sponsor's backyard

NASCAR BGN: Fedewa hoping for strong run in sponsor's backyard ... Continue reading

NASCAR BGN: Skinner Debuts In The No. 15 Albertson's Chevrolet In Home State Of California

NASCAR BGN: Skinner Debuts In The No. 15 Albertson's Chevrolet In Home State Of California

Skinner Debuts In The No. 15 Albertson's Chevrolet In Home State Of California ... Continue reading

NASCAR BGN: Todd Bodine looks for second win at California this weekend

NASCAR BGN: Todd Bodine looks for second win at California this weekend

NASCAR BGN: Todd Bodine looks for second win at California this weekend ... Continue reading

NASCAR WCUP: Kenny Wallace has mastered the 'coast to coast' lifestyle of NASCAR

NASCAR WCUP: Kenny Wallace has mastered the 'coast to coast' lifestyle of NASCAR

NASCAR WCUP: Kenny Wallace has matered the 'coast to coast' lifestyle of NASCAR ... Continue reading

NASCAR WCUP: Robby Gordon to have 'special paint scheme' at next two events

NASCAR WCUP: Robby Gordon to have 'special paint scheme' at next two events

NASCAR WCUP: Robby Gordon to have 'special paint scheme' at next two events ... Continue reading

NASCAR: Woodside Hopes to Continue Building Momentum

NASCAR: Woodside Hopes to Continue Building Momentum

Woodside Hopes to Continue Building Momentum ... Continue reading

National-Standard Company Reports Second Quarter Results

National-Standard Company Reports Second Quarter Results

National-Standard Company announced net income for the second quarter of fiscal year 2000 of $1.0 million or 17 cents per diluted share versus a net income of $2.1 million or 35 cents per diluted share for the same period last year. ... Continue reading

New DaimlerChrysler Corporation Facility to Aid in Fight Against Rust

New DaimlerChrysler Corporation Facility to Aid in Fight Against Rust

DaimlerChrysler Corporation has a new weapon in its fight against rust -- the Accelerated Corrosion Facility located at the company's Chelsea, Michigan, Proving Grounds. ... Continue reading

O'Reilly Automotive Announces Purchase of KarPro Auto Parts

O'Reilly Automotive Announces Purchase of KarPro Auto Parts

O'Reilly Automotive, Inc. announced that it has entered into a definitive agreement to purchase certain assets of KarPro Auto Parts ("KarPro"), headquartered in Little Rock, Arkansas. ... Continue reading

O'Reilly Automotive Announces Record Q1 Sales and Earnings

O'Reilly Automotive Announces Record Q1 Sales and Earnings

O'Reilly Automotive, Inc. announced record revenues and earnings for the first quarter of 2000, representing the 25th consecutive quarter of record revenues and earnings for O'Reilly since becoming a public company in April 1993. ... Continue reading

Oxford Automotive Appoints David Arndt Vice President & GM

Oxford Automotive Appoints David Arndt Vice President & GM

Oxford Automotive, Inc., a Tier 1 OEM automotive supplier of manufactured engineered metal components, assemblies and modules, recently appointed David Arndt to vice president and general manager of the company's Forging Division. ... Continue reading

PACCAR Announces Dividend

PACCAR Announces Dividend

PACCAR Inc's board of directors declared a second quarter cash dividend in the amount of thirty cents ($.30) per share, payable on June 5, 2000 to stockholders of record at the close of business on May 18, 2000. ... Continue reading

Peacock Financial's iNetPartners Confirms Launch of Online Automotive Division May 1

Peacock Financial's iNetPartners Confirms Launch of Online Automotive Division May 1

iNetPartners Inc., the online automotive e-commerce division of Peacock Financial Corp., confirmed that on May l it will launch www.iNet4Cars.Com, a premier pre-owned and new car cyber superstore in Southern California, using the company's virtual region philosophy. ... Continue reading

Price Points, Product Integration Fuel GPS Revenue Growth

Price Points, Product Integration Fuel GPS Revenue Growth

With $2.07 billion in 1999 North American revenues, Global Positioning System (GPS) products are gaining acceptance among an increasing number of end users in previously untapped markets. ... Continue reading

Quilty Named Director of Global Compensation Planning for Visteon

Quilty Named Director of Global Compensation Planning for Visteon

Visteon Corporation has named Barbara A. Quilty director of global compensation planning. She will be responsible for developing and launching Visteon's global human resources compensation and benefits strategy. ... Continue reading

Quixote Corporation Reports Record Fiscal Third Quarter Sales and Earnings

Quixote Corporation Reports Record Fiscal Third Quarter Sales and Earnings

Quixote Corporation reported record results for the third quarter and first nine months of fiscal 2000, ended March 31, 2000. Net sales increased 9% to $20,053,000, compared with $18,347,000 in the third quarter of fiscal 1999. ... Continue reading

Region Mounts 'Get Tough' Campaign Against Aggressive Driving

Region Mounts 'Get Tough' Campaign Against Aggressive Driving

Starting next week, "Smooth Operator 2000" ads will run on Washington area radio stations, in newspapers, and on outdoor billboards and transit vehicles, urging aggressive drivers to change their dangerous driving behavior. ... Continue reading

Reynolds and Reynolds Teams With EXE Technologies, Rev2

Reynolds and Reynolds Teams With EXE Technologies, Rev2

The Reynolds and Reynolds Company announced that it is entering into agreements with leading U.S. software companies to create a tool for desktop management of marketing campaigns. ... Continue reading

SCCA: Speedvision Touring Car driver Richards succumbs to cancer

SCCA: Speedvision Touring Car driver Richards succumbs to cancer

SCCA: Speedvision Touring Car driver Richards succumbs to cancer ... Continue reading

Senior Executives at Johnson Controls Named to New Roles

Senior Executives at Johnson Controls Named to New Roles

Automotive interior supplier Johnson Controls has appointed two senior executives to new management positions. ... Continue reading

Shin-Etsu MicroSi Introduces New Series of Fluoroelastomers

Shin-Etsu MicroSi Introduces New Series of Fluoroelastomers

Shin-Etsu MicroSi announced the introduction of a new series of fluoroelastomer materials, known as Shin-Etsu SIFEL products, developed and manufactured by its Tokyo-based parent company, Shin-Etsu Chemical Co., Ltd. ... Continue reading

STMicroelectronics Announces Approval of Cash Dividend Distribution and Three-for-one Stock Split at Annual General Shareholders' Meeting

STMicroelectronics Announces Approval of Cash Dividend Distribution and Three-for-one Stock Split at Annual General Shareholders' Meeting

STMicroelectronics N.V. is pleased to announce that, at the Annual General Shareholders' meeting, both the proposed $0.09 per share dividend distribution and three-for-one stock split have been approved. ... Continue reading

Stock Cars: Dave Reed Racing Continues to Attract New Sponsors

Stock Cars: Dave Reed Racing Continues to Attract New Sponsors

Dave Reed Racing Continues to Attract New Sponsors ... Continue reading

TBC Expects to Report Higher Earnings for 2000

TBC Expects to Report Higher Earnings for 2000

Speaking at the annual meeting of stockholders, Larry Day, President and Chief Executive Officer, said that TBC Corporation expects to report higher sales and earnings for 2000. ... Continue reading

Tracks: Open practice at Bloomington Speedway

Tracks: Open practice at Bloomington Speedway

Tracks: Open practice at Bloomington Speedway ... Continue reading

Tracks: Rusty Wallace to make special appearance at Irwindale Speedway

Tracks: Rusty Wallace to make special appearance at Irwindale Speedway

RUSTY WALLACE TO MAKE APPEARANCE AT IRWINDALE SPEEDWAY - APRIL 29 ... Continue reading

Tracks: Sears Point Gets Formal Approval from Supervisors for Modernization Plan

Tracks: Sears Point Gets Formal Approval from Supervisors for Modernization Plan

Sears Point Gets Formal Approvalfrom Supervisors for Modernization Plan ... Continue reading

USAC: Hartford Midget Car Race Cancelled Dut to Track Conditions

USAC: Hartford Midget Car Race Cancelled Dut to Track Conditions

USAC: Hartford Midget Car Race Cancelled Dut to Track Conditions ... Continue reading

Valeo Innovative Entrepreneur Fund Invests in Parrot

Valeo Innovative Entrepreneur Fund Invests in Parrot

The Valeo Innovative Entrepreneur Fund announced its first investment to support the development of a start-up company. The start-up, Parrot, specializes in voice recognition electronics for passenger vehicle mobile telephoneapplications. ... Continue reading

Viasystems Group, Inc. Reports Record Quarterly Revenues

Viasystems Group, Inc. Reports Record Quarterly Revenues

Viasystems Group, Inc. announced financial results for the first quarter ended March 31, 2000. ... Continue reading

Viking Freight Honored with NASSTRAC'S Regional LTL Award

Viking Freight Honored with NASSTRAC'S Regional LTL Award

NASSTRAC Spring Membership Meeting - The members of the National Small Shipments Traffic Conference (NASSTRAC) have once again chosen Viking Freight Inc. to receive their Regional LTL Carrier of the Year Award. ... Continue reading

Volvo Reports Financial Results

Volvo Reports Financial Results

On April 25 we reached an agreement in principle with Renault to acquire Renault's truck operations, RVI/Mack, in exchange for 15% of the shares in AB Volvo. ... Continue reading

Volvo's Best Technicians Receive Acclaim

Volvo's Best Technicians Receive Acclaim

Eighteen North American Volvo master technicians earned the prestigious international VISTA award earlier this month. ... Continue reading

WestStart-CALSTART Assists Point Reyes

WestStart-CALSTART Assists Point Reyes

WestStart-CALSTART joins the efforts of two western state national parks to add alternative fuel vehicles and clean transportation options into their park fleets and shuttle operations. ... Continue reading

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