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March 1999

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Monday, March 1, 1999

100,000th Mercedes-Benz M-Class Rolls Off Production Line

100,000th Mercedes-Benz M-Class Rolls Off Production Line

The 100,000th Mercedes-Benz M-Class rolled off the production line here this week, marking another milestone for Mercedes- Benz U.S. International (MBUSI). ... Continue reading

ANFIA Component Industries at SAE '99

ANFIA Component Industries at SAE '99

SAE '99 -- one of the world's most prestigious conference and exhibition events devoted to technological innovation in motor vehicles -- opened in Detroit today. ... Continue reading

ASC to Open Kitchener Plant for Toyota Solara Production

ASC to Open Kitchener Plant for Toyota Solara Production

ASC Incorporated has leased a 54,700 sq. ft. facility in Kitchener, Ontario's Huron Industrial Park to produce, in partnership with Toyota Motor Manufacturing Canada, Inc. (TMMC), the new Solara convertible. ... Continue reading

BancBoston Robertson Stephens Upgrades Dollar Thrifty Automotive

BancBoston Robertson Stephens Upgrades Dollar Thrifty Automotive

BancBoston Robertson Stephens senior automobile services/financial services analyst Jordan Hymowitz upgraded Dollar Thrifty Automotive Group to a Long-Term Attractive rating from Market Performer. ... Continue reading

Big 3 Bonuses to Boost Michigan Economy by $2 Billion - Comerica Study

Big 3 Bonuses to Boost Michigan Economy by $2 Billion - Comerica Study

Profit-sharing payouts this year from the Big Three automakers will represent a combined $1.94 billion spending boost for Michigan's economy through 1999, according to an analysis by economists at Detroit-based Comerica Bank. ... Continue reading

Borg-Warner Automotive Acquires Kuhlman Corporation

Borg-Warner Automotive Acquires Kuhlman Corporation

Borg-Warner Automotive, Inc. announced that it has completed the acquisition of Kuhlman Corporation, a leading supplier of turbochargers and other highly engineered components for commercial vehicles, for approximately $680 million. ... Continue reading

Brand Marketing is Key to Success in Intensely Competitive Aftermarket

Brand Marketing is Key to Success in Intensely Competitive Aftermarket

According to new strategic research conducted by Frost & Sullivan, U.S. Belts, Hoses, Gaskets and Seals Aftermarket, total revenues reached almost $1.1 billion in 1998. ... Continue reading

Chevrolet Corvette Hardtop (1999)

Chevrolet Corvette Hardtop (1999)

Chevrolet Corvette Hardtop (1999) ... Continue reading

DaimlerChrysler Statement in Response to Two Resignations

DaimlerChrysler Statement in Response to Two Resignations

DaimlerChrysler Corporation confirmed the resignations of Shamel T. Rushwin, Senior Vice President - International Manufacturing and Minivan Assembly Operations, and Chris P. Theodore, Senior Vice President - Platform Engineering. ... Continue reading

Dana Reinforces Commitment to Customer Value at SAE

Dana Reinforces Commitment to Customer Value at SAE

Dana Corporation unveiled its list of key customer "wants," or value drivers, that will help the company maintain its position as a global leader of innovative, fast-to- market systems and technologies. ... Continue reading

DCR Rates Capital Auto Receivables Asset Trust 1999-1

DCR Rates Capital Auto Receivables Asset Trust 1999-1

Duff & Phelps Credit Rating Co. (DCR) has assigned the following preliminary ratings to the asset-backed notes issued by Capital Auto Receivable Asset Trust 1999-1: ... Continue reading

Delphi Enters 1999 SAE on Track With Plans for Independence

Delphi Enters 1999 SAE on Track With Plans for Independence

Delphi Automotive Systems continues to build its strengths as a supplier in the automotive components industry of high-quality, innovative components, systems, and modules, said Delphi's chairman, chief executive officer, and president. ... Continue reading

Delphi Introduces Three New Technologies at SAE 1999

Delphi Introduces Three New Technologies at SAE 1999

Mobile multimedia technologies, an advanced thermal management system, and "smart" sensors and actuators highlight Delphi Automotive Systems' product introductions at the 1999 Society of Automotive Engineers International Congress & Exposition. ... Continue reading

Delphi Positioned to be Single-Point Contact for Modular Solutions

Delphi Positioned to be Single-Point Contact for Modular Solutions

Flexibility, simplicity and has positioned itself to be the automotive industry's best single-point contact for modular solutions. ... Continue reading

Drag Racing Tonight

Drag Racing Tonight

Drag Racing Tonight ... Continue reading

DuPont Forms World's Largest Automotive Coatings Company

DuPont Forms World's Largest Automotive Coatings Company

DuPont announced the completion of its acquisition of Herberts, the coatings subsidiary of Hoechst AG, with management ceremonies in Wuppertal, Germany. ... Continue reading

Dura Automotive Systems, Inc., Announces Dividend

Dura Automotive Systems, Inc., Announces Dividend

Dura Automotive Systems, Inc. announced that a quarterly dividend of $0.47 per share will be paid on the 7 1/2 percent convertible trust preferred securities issued by the Dura Automotive Capital Trust. ... Continue reading

Federal-Mogul Develops New Front-End Lighting Technology

Federal-Mogul Develops New Front-End Lighting Technology

Federal-Mogul Corporation's, new Lighting Products group announced it will design and manufacture several innovative lighting technologies for the front-end of future-model U.S. cars and trucks. ... Continue reading

Ford Maintains Sales Leadership in Ohio

Ford Maintains Sales Leadership in Ohio

According to R.L. Polk's 1998 vehicle registrations, Ford had five of the top 10 best-selling vehicles in the state. The Ford F-Series was number one with approximately 33,000 vehicle registrations. ... Continue reading

Ford Names Two New Vice Presidents

Ford Names Two New Vice Presidents

Ford Motor Company announced the appointment of two new vice presidents. ... Continue reading

Ford Vice President Kohrs to Retire

Ford Vice President Kohrs to Retire

Ford announced that Kenneth K. Kohrs has elected to retire, effective June 1, 1999, after serving the company for 37 years, most recently as its vice president - Large and Luxury Car Vehicle Center. ... Continue reading

Goodyear Sweetens Its Run-Flat Tire Offer

Goodyear Sweetens Its Run-Flat Tire Offer

The world's largest run-flat tire producer has an offer you can't refuse. Purchase a set of Eagle Aquasteel run-flat tires from a participating outlet and Goodyear will throw in a required low-pressure warning system -- for free. ... Continue reading

Hyundai Presents Tech Papers at International SAE Congress

Hyundai Presents Tech Papers at International SAE Congress

Hyundai Motor Company engineers will offer technical papers on subjects ranging from pitch adjustable speech synthesis to supercarburizing at this year's Society of Automotive Engineers (SAE) International Congress and Exposition. ... Continue reading

Indian Motorcycle Company Officially Launches an American Icon

Indian Motorcycle Company Officially Launches an American Icon

Following this month's $18 million purchase of the Indian Motorcycle trademarks, an American icon -- the 1999 Limited Edition Indian Motorcycle "Chief" -- is ready to hit the road after a 46-year absence. ... Continue reading

Integrated Systems Releases Significant New Upgrade to MATRIXx

Integrated Systems Releases Significant New Upgrade to MATRIXx

Integrated Systems, Inc., a leading worldwide provider of embedded systems software for a broad range of industries, released the newest version of its MATRIXx product family, version 6.1. ... Continue reading

Intermet Leads Joint Development of Enhanced Compacted Graphite Iron

Intermet Leads Joint Development of Enhanced Compacted Graphite Iron

Intermet Corporation and DaimlerChrysler presented findings on the development of a new compacted graphite iron which combines much of the strength, ductility and toughness of ductile iron with the better damping and machinability of gray iron. ... Continue reading

Investors Buy $1 Billion of Dana Notes

Investors Buy $1 Billion of Dana Notes

Dana Corporation announced that it has sold $1 billion of new senior unsecured notes, consisting of $250M of 6.25% notes due March 1, 2004; $350 million of 6.50 percent notes due March 1, 2009; and $400 million of 7.00 percent notes due March 1, 2029. ... Continue reading

IRL: Driver Standings Through March 1st, 1999

IRL: Driver Standings Through March 1st, 1999

IRL: Driver Standings Through March 1st, 1999 ... Continue reading

Lear Innovations Abound on TransG(TM) Consoles, Instrument Panel Pod

Lear Innovations Abound on TransG(TM) Consoles, Instrument Panel Pod

Lear Corporation designers and engineers didn't shy away from the challenges of accessibility in developing creative console systems and a unique instrument panel (IP) pod for its TransG (TM) interiors concept. ... Continue reading

Lear's TransG(TM) Headliner System Combines Safety, Sound and Innovations

Lear's TransG(TM) Headliner System Combines Safety, Sound and Innovations

Lear Corporation focused on ergonomics, safety and premium sound in designing the TransG(TM) headliner system to meet the needs of baby boomers entering their senior years. ... Continue reading

Lincoln LS Makes a Splash at SAE March Dinner Meeting

Lincoln LS Makes a Splash at SAE March Dinner Meeting

The 2000 Lincoln LS is an advanced-design luxury sport sedan and one of the most sophisticated production automobiles ever developed by the Ford Motor Company. ... Continue reading

Mercedes-Benz ML430 Sport-Utility Vehicle (1999)

Mercedes-Benz ML430 Sport-Utility Vehicle (1999)

Mercedes-Benz ML430 Sport-Utility Vehicle ... Continue reading

Motorola Drives Pager Use With Sweepstakes

Motorola Drives Pager Use With Sweepstakes

Motorola announced a nationwide consumer promotion designed to generate brand awareness for the company's paging products and drive pager sales at retail. ... Continue reading

NASCAR BGN: Driver Standings Through March 1st, 1999

NASCAR BGN: Driver Standings Through March 1st, 1999

NASCAR BGN: Driver Standings Through March 1st, 1999 ... Continue reading

NASCAR Trucks: Driver Standings Through March 1st, 1999

NASCAR Trucks: Driver Standings Through March 1st, 1999

NASCAR Trucks: Driver Standings Through March 1st, 1999 ... Continue reading

NASCAR WCUP: Driver Standings Through March 1st, 1999

NASCAR WCUP: Driver Standings Through March 1st, 1999

NASCAR WCUP: Driver Standings Through March 1st, 1999 ... Continue reading

NASCAR-WCUP: Race Fans Offered Cardinal Club Hospitality For Goodys Body Pain 500

NASCAR-WCUP: Race Fans Offered Cardinal Club Hospitality For Goodys Body Pain 500

NASCAR-WCUP: Race Fans Offered Cardinal Club Hospitality For Goodys Body Pain 500 ... Continue reading

NHRA: Chevrolet Notes and Quotes

NHRA: Chevrolet Notes and Quotes

NHRA: Chevrolet Notes and Quotes ... Continue reading

NHRA: Jeg's Mail Order Sunday Pit Notes

NHRA: Jeg's Mail Order Sunday Pit Notes

NHRA: Jeg's Mail Order Sunday Pit Notes ... Continue reading

NHRA: Outlaw's Title Hopes Slip Away in Quarterfinals

NHRA: Outlaw's Title Hopes Slip Away in Quarterfinals

NHRA: Outlaw's Title Hopes Slip Away in Quarterfinals ... Continue reading

Nissan Consolidates Production Purchasing Operations

Nissan Consolidates Production Purchasing Operations

Nissan North America, Inc. (NNA), announced that as part of Nissan's global reform program announced last May, it will consolidate its vehicle parts purchasing operations for assembly plants in North America. ... Continue reading

Nissan Maxima SE (1999)

Nissan Maxima SE (1999)

Nissan Maxima SE (1999) ... Continue reading

NLMS: Pannell Produces Perfect Pavement Performance

NLMS: Pannell Produces Perfect Pavement Performance

NLMS: Pannell Produces Perfect Pavement Performance ... Continue reading

Orosi High Adrenaline Shades Introduces Sun Goggs at Bike Week

Orosi High Adrenaline Shades Introduces Sun Goggs at Bike Week

Orosi, an international manufacturing leader of high adrenaline sports sunglasses and helmets, introduced its new "Sun Goggs." The new sunglasses resemble a cross between goggles and cool sunglasses. ... Continue reading

Porsche to Open Southern California Styling Studio

Porsche to Open Southern California Styling Studio

Porsche announced it will open a styling studio in Southern California on Monday, March 1, to compliment Porsche Engineering Services, Inc., capabilities. ... Continue reading

Prestone Products Introduces New Tire Jack Inflator and Sealer

Prestone Products Introduces New Tire Jack Inflator and Sealer

Prestone Products Corporation recently introduced new Prestone (R) Tire Jack(TM) tire inflator and sealer. ... Continue reading

Price Competition and Consolidation Challenge Chemicals Aftermarket

Price Competition and Consolidation Challenge Chemicals Aftermarket

According to new strategic research conducted by Frost & Sullivan, U.S. Automotive Appearance Chemicals Aftermarket, growth in most segments remains modest, with revenues reaching $518 million in 1998. ... Continue reading

Rankin Automotive Group Triples Revenues

Rankin Automotive Group Triples Revenues

Rankin Automotive Group, Inc. announced the signing of three definitive Asset Purchase Agreements with U.S. Parts Corporation Allied Distributing Company, and Automotive and Industrial Supply, Inc. ... Continue reading

Relaxor Perfects the Fine Art of 'Driving by the Seat of Your Pants'

Relaxor Perfects the Fine Art of 'Driving by the Seat of Your Pants'

At this year's SAE International Congress and Expo, Relaxor/JB Research introduces an entirely new dimension in vehicle-driver communication and operational safety: the ComfortAlert TACT in-seat Tactile-Alert Communication Technology. ... Continue reading

Ryninger Promoted to Corporate Controller at Intermet

Ryninger Promoted to Corporate Controller at Intermet

Intermet Corporation announced that Ronald C. Ryninger Jr. has been promoted to corporate controller effective March 11. He succeeds Walt Knollenberg. ... Continue reading

Sheldahl Completes $7.2 Million Private Placement

Sheldahl Completes $7.2 Million Private Placement

Sheldahl, Inc. announced that it had completed a private placement of $7.2 million in preferred stock. ... Continue reading

Simpson Industries Names Thomas President, Chief Operating Officer

Simpson Industries Names Thomas President, Chief Operating Officer

George Thomas has been named president and chief operating officer for Simpson Industries, Inc. ... Continue reading

Subaru Announces February Sales Figures

Subaru Announces February Sales Figures

Subaru of America, Inc. announced its February sales figures. Subaru recorded a sales total of 11,095 units for the month, up 12% over the same period last year. Year-to-date totals of 20,926 units are up 11% over 1998 year-to-date totals. ... Continue reading

Subaru Mid-America Region Reports February Sales

Subaru Mid-America Region Reports February Sales

The Subaru Mid-America Region announced its February sales figures. The Mid-America Region posted a sales total of 1,378 units for the month, up almost 38 percent over the same period last year. ... Continue reading

Subaru Southeast Region Reports February Sales

Subaru Southeast Region Reports February Sales

Subaru Southeast Region announced its February sales figures. The Southeast Region posted a sales total of 1,330 units for the month, up 19 percent over the same period last year. Year- to- date totals are up over 14% versus 1998 year-to-date totals. ... Continue reading

Subaru Western Region Reports February Sales; Best February in 10 Years

Subaru Western Region Reports February Sales; Best February in 10 Years

Subaru Western Region announced its February sales figures. The Western Region posted a sales total of 2,558 units for the month, up 27 percent over the same period last year. ... Continue reading

Tower Automotive, Inc., Announces Dividend

Tower Automotive, Inc., Announces Dividend

Tower Automotive, Inc. announced that a dividend of $0.84 per share will be paid on the 6 3/4 percent trust convertible preferred securities issued by the Tower Automotive Capital Trust. ... Continue reading

Universal Child Safety Seat Attachment Requirement

Universal Child Safety Seat Attachment Requirement

President Clinton's announcement requiting a universal system for attaching child safety seats will make restraining children easier, and ensure a safer ride for our most precious resource. ... Continue reading

Visteon Achieves World First With New Jaguar S-Type

Visteon Achieves World First With New Jaguar S-Type

Visteon Automotive Systems has achieved an automotive industry first by providing the new Jaguar S-Type with voice activation technology -- a major breakthrough in motoring convenience and safety. ... Continue reading

Visteon-De Tomaso Partnership Results In Sophisticated Interior

Visteon-De Tomaso Partnership Results In Sophisticated Interior

Visteon Automotive Systems and De Tomaso Automobiles, Ltd. took the wraps off the Mangusta technology show vehicle -- and their highly successful alliance -- at the 1999 Society of Automotive Engineers International Congress and Exposition. ... Continue reading

Visteon Multimedia Products Engineered With Today's Convenience

Visteon Multimedia Products Engineered With Today's Convenience

The latest multimedia products from Visteon Automotive Systems will please the ears, entertain the eyes, and engage the mind -- all in the name of safer, more convenient travel. ... Continue reading

Visteon Puts Consumer Safety First With New Side Air Bag Sensors

Visteon Puts Consumer Safety First With New Side Air Bag Sensors

Visteon Automotive Systems emphasizes consumer safety with the introduction of side air bag and vehicle restraint electronics that will assess the severity of an accident and occupant information before deploying front air bags. ... Continue reading

Visteon Voice Technology Reaches International Markets

Visteon Voice Technology Reaches International Markets

Visteon Automotive Systems has scored another technology first with consumers -- a Japanese-language version of its world- class Voice Activated Control System. ... Continue reading

Volkswagen's New Beetle Comes With Child Restraint Anchorage System

Volkswagen's New Beetle Comes With Child Restraint Anchorage System

Volkswagen of America, Inc. announced that its 1999 New Beetle currently comes equipped with the new universal child-restraint anchoring system now being required by the U.S. government. ... Continue reading

Winners Announced in Borg-Warner Automotive/SAE Poster Contest

Winners Announced in Borg-Warner Automotive/SAE Poster Contest

Ten talented high school students from the Detroit metropolitan area have been selected as the top winners in the twenty-second annual High School Poster Contest sponsored by Borg-Warner Automotive, Inc. ... Continue reading

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