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July 1998

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Wednesday, July 1, 1998

21 Florida locations of BrakeWorld Purchased

21 Florida locations of BrakeWorld Purchased

Tilden for Brakes Car Care Centers, a wholly-owned subsidiary of Tilden Associates, Inc., announced it has purchased BrakeWorld, taking over 21 locations in Dade, Broward, and Palm Beach Counties, assuming the new name of "Tilden BrakeWorld". ... Continue reading

Advanced Dana Gasket Keeps Corvette Engine at Top Efficiency

Advanced Dana Gasket Keeps Corvette Engine at Top Efficiency

The C5 Corvette engine is an all-new 5.7 liter V-8 with both block and cylinder head made of aluminum, using cast iron cylinder liners. It is tuned aggressively to an output of around 350 hp, with tremendous torque as well. ... Continue reading

Aquisition of R&B Machine Tool Company Complete

Aquisition of R&B Machine Tool Company Complete

The parent company of Lamb Technicon Machining Systems, UNOVA, Inc. , completed its acquisition of R&B Machine Tool Company of Saline, Mich. Financial details of the transaction were not disclosed. ... Continue reading

Auto-By-Tel Ranked Best Online Buying Service

Auto-By-Tel Ranked Best Online Buying Service

Auto-By-Tel received kudos from three top-tier publications this week. ... Continue reading

Budget Group, Inc. Announces Pricing of Tender Offer

Budget Group, Inc. Announces Pricing of Tender Offer

Budget Group, Inc. announced that it has determined the purchase price for the pending tender offer and consent solicitation for the outstanding 10% Senior Subordinated Notes Due 2006 of Ryder TRS, Inc. ... Continue reading

Cadillac Warehouse Announces New Web Site

Cadillac Warehouse Announces New Web Site

Cadillac Warehouse, is currently online with a unique user- oriented site on the World Wide Web. The site provides a hassle-free means for potential customers to pick a car model, select options, calculate price and compare the savings. ... Continue reading

Chrysler Sets All-Time Sales Records

Chrysler Sets All-Time Sales Records

Chrysler Corpannounced all-time U.S. vehicle sales records for any month, quarter and first half in the Company's history. June sales of 252,485 vehicles is an increase of 10% over the same period a year ago and surpasses the previous all-time monthly record of 250,031 units set last month. ... Continue reading

DTN Partners with National Center for Missing and Exploited Children

DTN Partners with National Center for Missing and Exploited Children

In May, the National Center for Missing and Exploited Children, Arlington, Virginia, invited Data Transmission Network Corp. to join their national missing children kiosk program. ... Continue reading

Excelsior-Henderson Introduces Field Sales Team

Excelsior-Henderson Introduces Field Sales Team

Today, with nearly 100 years of collective motorsports industry sales experience between them, the reborn Excelsior-Henderson Motorcycle Company's experienced sales team has already selected and signed 81 dealers nationwide. ... Continue reading

Fargo-Made Vehicle Receives Federal Approval

Fargo-Made Vehicle Receives Federal Approval

Global Electric MotorCars announced that its GEM Neighborhood Electric Vehicle is included in a new classification of federally approved "low speed vehicles" which may now be driven on community streets if they meet certain safety criteria. ... Continue reading

Federal-Mogul Appoints David Casey Business Development Manager

Federal-Mogul Appoints David Casey Business Development Manager

James B. Carano, v.p. and general manager, Latin America, Asia, Worldwide Aftermarket, Federal-Mogul Corporation, announces the appointment of David Casey to the position of business development manager - Australasia, Worldwide Aftermarket. ... Continue reading

Final Round Results from the 7th Annual AMA/Prostar Dixie Nationals

Final Round Results from the 7th Annual AMA/Prostar Dixie Nationals

Final Round Results from the 7th Annual AMA/Prostar Dixie Nationals ... Continue reading

First American Mercedes-Benz Satellite Service Center

First American Mercedes-Benz Satellite Service Center

Mercedes-Benz opens first of three planned satellite service centers in the U.S. The move is an attempt to bring post-warranty service business back to dealerships. ... Continue reading

Genuine Parts Company Completes Acquisition Of EIS, Inc.

Genuine Parts Company Completes Acquisition Of EIS, Inc.

Larry Prince, Chairman of the Board of Directors of Genuine Parts Company, announced the completion of the previously announced acquisition of EIS, Inc. ... Continue reading

Hertz Acquires Big 4 Rents In San Francisco

Hertz Acquires Big 4 Rents In San Francisco

After previously announcing the signing of a purchase agreement, The Hertz Corporation has completed the acquisition of Big 4 Rents, Inc., a San Francisco, CA based equipment rental company. ... Continue reading

IRL: Billy Boat Looking at Eight Weeks of Recovery, Minimum

IRL: Billy Boat Looking at Eight Weeks of Recovery, Minimum

IRL: Billy Boat Looking at Eight Weeks of Recovery, Minimum ... Continue reading

IRL: Driver Standings after New England

IRL: Driver Standings after New England

IRL: Driver Standings after New England ... Continue reading

IRL: Post Race Notes From New England

IRL: Post Race Notes From New England

IRL: Post Race Notes From New England ... Continue reading

ITT Industries Awarded Army Contract

ITT Industries Awarded Army Contract

ITT Night Vision, a business unit of ITT Industries has received a contract award from the U.S. Army Communications Electronics Command to supply Generation III night vision equipment to the U.S. military for the next two years. ... Continue reading

July 4th Travelers Will Find Lower Gas Prices in Texas

July 4th Travelers Will Find Lower Gas Prices in Texas

Motorists traveling this holiday will find gas prices an average of 15 cents lower across Texas than last year's July 4th holiday weekend, according to AAA Texas. The average price of a gallon of self-serve regular unleaded gasoline in Texas is $1.004. ... Continue reading

Kia Sales Skyrocket!

Kia Sales Skyrocket!

Arriving just in time for the fireworks, Kia Motors America today announced record sales of 9,215 vehicles for the month of June. This figure represents Kia's highest sales numbers month since the company began selling cars in February 1994. ... Continue reading

Lexus Ends First Half of 1998 with 54% Increase in Sales

Lexus Ends First Half of 1998 with 54% Increase in Sales

The Lexus Division of Toyota Motor Sales, U.S.A., Inc. reported June sales of 12,862, an 82.5 percent improvement over the same period last year. For the first six months of 1998, Lexus enjoys a 54.4 percent sales increase with sales of 68,368. ... Continue reading

Mercedes-Benz M-Class Plant Undergoes Construction

Mercedes-Benz M-Class Plant Undergoes Construction

To help realize a more than 20% increase in production for the M-Class and achieve greater line efficiency, Mercedes-Benz is installing more automation, logistics bays, assist- devices and adding 100,000 sq. ft. to its facility. ... Continue reading

Mercedes-Benz Sales Rocket 82 Percent in June

Mercedes-Benz Sales Rocket 82 Percent in June

Mercedes-Benz of North America, Inc. (MBNA) and its 320 dealer partners across the United States continued 1998's record- breaking momentum with June sales of 15,134 vehicles, an increase of 81.8 percent over June 1997 (8,326). ... Continue reading

Motorsports & Hollywood Unveil Small Soldiers-Themed Cars

Motorsports & Hollywood Unveil Small Soldiers-Themed Cars

Action Performance Companies Inc., DreamWorks Consumer Products and Joe Gibbs Racing unveiled three of motorsports' hottest race cars at the new "Small Soldiers...Behind the Scenes" attraction at Universal Studios Florida in Orlando. ... Continue reading

Nachi Robotics Advanced Technology Center Opens in Michigan

Nachi Robotics Advanced Technology Center Opens in Michigan

Nachi Robotics of Toyama, Japan has announced the formation of Nachi Robotics Advanced Technology, America. The office and lab is located in Farmington Hills, Michigan, and will serve as Nachi Robotics North American Research and Development Center. ... Continue reading

NASCAR: LJ Racing Signs Andy Hillenburg for Pepsi 400

NASCAR: LJ Racing Signs Andy Hillenburg for Pepsi 400

NASCAR: LJ Racing Signs Andy Hillenburg for Pepsi 400 ... Continue reading

NASCAR-WCUP: #77 to be a T-Bird at Daytona

NASCAR-WCUP: #77 to be a T-Bird at Daytona

NASCAR-WCUP: #77 to be a T-Bird at Daytona ... Continue reading

NASCAR-WCUP: Infield Tickets Still Available for Historic Pepsi 400

NASCAR-WCUP: Infield Tickets Still Available for Historic Pepsi 400

NASCAR-WCUP: Infield Tickets Still Available for Historic Pepsi 400 ... Continue reading

National R.V. Holdings, Inc. Declares 3 for 2 Stock Split

National R.V. Holdings, Inc. Declares 3 for 2 Stock Split

National R.V. Holdings, Inc. announced that it declared a three for two stock split in the form of a stock dividend to holders of record on July 10, 1998. ... Continue reading

Navigation Systems Introduce the Car Age to the Space Age

Navigation Systems Introduce the Car Age to the Space Age

Navigation Technologies Corp. expects a number of additional carmakers to launch navigation options using its map CD's in the next two model years. ... Continue reading

New Teen Driver Law Takes Effect Wednesday

New Teen Driver Law Takes Effect Wednesday

The Graduated Driver License system, co-sponsored by the Automobile Club of Southern California and the California State Automobile Association in northern California, is designed to reduce teen crashes and save lives. ... Continue reading

Record Broken: American Honda Sets Another Mark

Record Broken: American Honda Sets Another Mark

American Honda June car and truck sales of 88,928 were up 7.7% and set a record for the third consecutive month and fourth time this year, according to sales figures released by American Honda Motor Co., Inc. ... Continue reading

Rexhall Industries Strengthens Ties With Large Motorhome Dealer

Rexhall Industries Strengthens Ties With Large Motorhome Dealer

Rexhall Industries Inc. announced that it has set a new record for a one-day single dealer order of more than $4 million from RV SuperCenter, one of the nation's largest RV centers, with 14 acres dedicated to the customer for sales, service and parts. ... Continue reading

Save Money, Faster Notice, To More People All Via Law Firm Website

Save Money, Faster Notice, To More People All Via Law Firm Website

The New York City law firm of Camhy Karlinsky & Stein LLP is using its website in the Fruehauf Trailer Corporation bankruptcy case to make Fruehauf's proposed plan of reorganization available to the many thousands of Fruehauf's creditors. ... Continue reading

Second Round Results from the 7th Annual AMA/Prostar Dixie Nationals

Second Round Results from the 7th Annual AMA/Prostar Dixie Nationals

Second Round Results from the 7th Annual AMA/Prostar Dixie Nationals ... Continue reading

South Carolina Makes Zero Tolerance for Youth the Law

South Carolina Makes Zero Tolerance for Youth the Law

Pres Clinton praised South Carolina for passing a zero tolerance law prohibiting young people from drinking and driving. With the signing of the Omnibus Highway Safety Act, SC becomes the 50th state to enact zero tolerance for young drivers. ... Continue reading

SPS Completes Acquisition of Terry Machine Company

SPS Completes Acquisition of Terry Machine Company

SPS Technologies, Inc. announced that it has completed the acquisition of Terry Machine Company ("Terry"), a manufacturer of specialty cold headed fasteners for the automotive industry. ... Continue reading

Subaru Announces Best June Sales Month Since 1989

Subaru Announces Best June Sales Month Since 1989

Subaru of America, Inc. announced its best sales month for 1998. Subaru recorded a sales total of 12,573 units for the month of June, up 22 percent versus June 1997. Overall, year-to-date 1998 totals are up 18 percent over the same period in 1997. ... Continue reading

Thousands Can be Saved by Reducing Roadway Hazards

Thousands Can be Saved by Reducing Roadway Hazards

As we head into what has been identified as the deadliest holiday for traffic crashes, July 4th, the D.C.- based Roadway Safety Foundation is urging communities across the country to address the issue of deadly roadway hazards. ... Continue reading

Toyota Announces Best-Ever Second Quarter Sales

Toyota Announces Best-Ever Second Quarter Sales

Toyota Motor Sales, U.S.A., Inc. announced best-ever second- quarter sales of 361,733 Toyota and Lexus vehicles. The company also reported best-ever June sales of 117,043 vehicles, up 17.2 percent over last year. ... Continue reading

Transportation Components, Inc. Exercised Over-Allotment Option

Transportation Components, Inc. Exercised Over-Allotment Option

Transportation Components, Inc., also known as TransCom USA, announced that the underwriters of its recent initial public offering exercised their over-allotment option for an additional 750,000 shares priced at $8.00. ... Continue reading

TRW Sponsors Eight Detroit-Area Students for Space Camp

TRW Sponsors Eight Detroit-Area Students for Space Camp

TRW's automotive electronics business in Farmington Hills and occupant restraint systems operations in Washington are each sending four local middle school students on an all-expense-paid trip to U.S. Space Camp in Huntsville, Ala., from July 11-17. ... Continue reading

Walbro Announces Plans to Consolidate

Walbro Announces Plans to Consolidate

Walbro Corp. has announced plans to consolidate its small engine carburetor manufacturing operations to enhance efficiency and improve customer service. As part of this, the Company will close its diaphragm carburetor manufacturing facility. ... Continue reading

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