A.C.L.N. Announces New Contract Serving Ivory Coast
A.C.L.N. Limited announced it has signed a new contract to export cars to the Ivory Coast beginning Jan. 15th. This additional port of destination should increase the number of cars shipped by approximately 1,000 cars per month. ... Continue reading
AK Steel and Hylsamex Create 'Alliance for the Americas'
AK Steel Corporation and Mexican steel producer Hylsamex S.A. de C.V. have completed definitive agreements which finalize product supply and marketing arrangements first announced in October. ... Continue reading
AMETEK Foundation Supports Literacy Programs
The AMETEK Foundation the charitable organization funded by AMETEK, Inc., announced that it is granting more than $200,000 to four reading and literacy programs in Alamance and Guilford counties, near Greensboro, NC. ... Continue reading
Auto Club to Return $109 Million in Dividends
The Automobile Club of Southern California announced that it will return $109 million through dividends to auto and watercraft insurance policyholders in 1999, matching its 1998 dividend payout. ... Continue reading
Automotive Industry to Focus on Reorientation in 1999
While the automotive industry adjusts to DaimlerChrysler and other major mergers, new dynamics in the automotive supply chain, from raw materials to retailing, will likely be the industry's focus in 1999. ... Continue reading
Bleustein Elected Chairman of Harley-Davidson Board of Directors
The board of directors of Harley-Davidson, Inc. elected Jeffrey L. Bleustein Chairman of the Board. Mr. Bleustein, who will continue as President and Chief Executive Officer. ... Continue reading
BMW Claims Three of Car and Driver's 10Best Awards for 1999
For eight consecutive years, BMW automobiles have been included in Car and Driver magazine's list of 10Best Cars, which appears in the January issue. This year that honor goes to the BMW 328i/M3, 5 Series and M coupe/M roadster. ... Continue reading
Brazil's Haberfield Signs with West
Brazilian Mario Haberfeld announced this week his plans for the 1999 F-1 Junior season (former F-3000) ... Continue reading
Caravan and Voyager Named CONSUMERS DIGEST 'Best Buys'
CONSUMERS DIGEST magazine named 1999 Dodge Caravan and Plymouth Voyager as "Best Buys" for the eleventh year in a row in its December annual buyer's guide issue. ... Continue reading
CarMax Completes Acquisition of Kenosha, Wis., Auto Mall
CarMax Auto Superstores, Inc. announced today that it has completed the acquisition of Mauro Auto Mall, Inc., a Kenosha, Wis. ... Continue reading
CART: Brown & Williamson Signs $50 Million Deal with Team KOOL Green
CART: Brown & Williamson Signs $50 Million Deal with Team KOOL Green ... Continue reading
ConMat Technologies Inc. Announces Share Exchange Agreement
ConMat Technologies, Inc. and The Eastwind Group Inc. announced that they have entered into a Share Exchange Agreement in which ConMat acquired all of the capital stock of Eastwind's subsidiary, Polychem Corporation. ... Continue reading
Consumer Product Safety Commission Commends ATV Distributors
The Consumer Product Safety Commission announced that a resolution was passed recognizing several manufacturers of all- terrain vehicles for independent efforts "...which the Commission believes will provide safety benefits to consumers." ... Continue reading
Decoma Announces Fiscal 1999 First Quarter Results
Decoma International Inc. announced its financial results for the first quarter of fiscal 1999 ended October 31, 1998. ... Continue reading
Detroit Child Safety Seat Checkpoint Clinic On Dec. 12
Ford, AAA Michigan, Riverside Ford, McDonald's, Kmart and the City of Detroit Police and Fire Depts. have joined together for the sole purpose of educating parents and child caregivers on the proper use of child safety restraints in vehicles. ... Continue reading
Diemer Elected An Officer Of AlliedSignal
AlliedSignal Inc. announced that Richard J. Diemer, Jr., Vice President and Controller, has been elected an officer of the company. ... Continue reading
Engineering Industrial Cleaning Solutions for the New Millenium
As year-end approaches, Universal Ice Blast is gathering steam, riding high on the inertia of a steady year of good business, and is now preparing to conclude deals that it has been working on for some time. ... Continue reading
ESG Expands Operation With New Greenville S.C. Office
The Engineering Services Group, a manufacturing engineering services company headquartered in Southfield, Michigan, announced that it has opened a Southern Regional Office in Greenville, South Carolina. ... Continue reading
Frisby Inks Global Fabric Deal with Schoeller Bogner and BMW
Frisby Technologies and Schoeller Textil, AG have reached agreement for Schoeller to become the exclusive European fabric producer with rights to manufacture and supply fabrics with ComforTemp DCC. ... Continue reading
GM and EDS Announce Plan For New Global Desktop Configuration
In its continuing effort to achieve higher technology standards, increased global efficiency and technical commonality, General Motor's Information Systems and Services (IS&S) has contracted with Electronic Data Systems. ... Continue reading
GM Selects EAI and Unigraphics Solutions as Strategic Partners
General Motors has selected Engineering Animation, Inc., and Unigraphics Solutions, Inc., under a partnership agreement to provide next generation enterprise-wide product visualization and collaboration solutions. ... Continue reading
Harley-Davidson, Inc. Declares Dividend
Harley-Davidson, Inc. announced that its Board of Directors approved a quarterly cash dividend of $0.04 per share, payable December 29, 1998 to shareholders of record December 18, 1998. ... Continue reading
Honda Offers Value Package For Civic Sedan
Available in showrooms now, the Honda Civic Sedan Value Package comes complete with the most frequently requested convenience features at a manufacturer's suggested retail price of $14,630, a discount of $1,000 ... Continue reading
Intermet Board Elects New Director
Byron O. Pond, Jr., chairman of Indiana-based Arvin Industries, Inc., was elected to the Board of Directors of Intermet Corporation. ... Continue reading
Interstate National Dealer Services Announces Agreement
Interstate National Dealer Services, Inc. is pleased to announce the signing of a comprehensive agreement with Lee Myles Associates Corporation. ... Continue reading
IRL: Pep Boys IRL Weekly Notebook
IRL: Pep Boys IRL Weekly Notebook ... Continue reading
IRL: Superb Season in '98 Raises Bar for Eager Sharp
IRL: Superb Season in '98 Raises Bar for Eager Sharp ... Continue reading
Largest Volume Truck Dealer in the U.S. Pre-Installs Bullhide Liner
Bullhide Liner Corp. has doubled the size of its Northern Idaho dealer, Pinehurst RV, to accommodate the increased volume of business from Dave Smith Auto Group. ... Continue reading
Manufacturers Need to Recognize Two Distinct Classes of Retailers
The automotive retail revolution is beginning to transform the industry with the top 5% of dealer principals accounting for 31 percent of all new-vehicle sales in the US, according to the J.D. Power and Associates 1998 Dealer Attitude Study(SM). ... Continue reading
Midgets: Sponsors and Advertisers Support Fort Wayne Indoor Show
Midgets: Sponsors and Advertisers Support Fort Wayne Indoor Show ... Continue reading
Nationwide Insurance Ready to Help Drivers Verify Insurance Coverage
Nationwide Insurance, Ohio's largest auto insurer, is ready to help vehicle owners comply with Ohio's financial responsibility law. ... Continue reading
Negri Wins Panamerican Indy Lights Championship
Brazilian Oswaldo Negri Jr is the first Panamerican Indy Lights Champion. Negri clinched the title after the ninth round of the championship in La Plata (Argentina) was cancelled due to organizations problems. ... Continue reading
NHRA: Automobile Club of Southern California to Sponsor NHRA Finals
NHRA: Automobile Club of Southern California to Sponsor NHRA Finals ... Continue reading
NHTSA Publishes List of October Recalls
The National Highway Traffic Safety Administration (NHTSA) released a list of auto safety recalls announced in October and urged consumers to have the problems fixed promptly. ... Continue reading
NHTSA Releases Crash Test Results for Four 1999 Vehicles
The National Highway Traffic Safety Administration (NHTSA) today released crash test results for four 1999 vehicles. ... Continue reading
PACCAR Elects Newbigging to Board
David K. Newbigging has been elected to PACCAR Inc's board of directors effective April 27, 1999, filling a vacancy left by the retirement of Carl H. Hahn, according to Mark C. Pigott, PACCAR chairman and chief executive officer. ... Continue reading
Parker Hannifin Expects Lower Than Anticipated Second Quarter
Parker Hannifin Corporation announced that it expects its financial results for the second quarter ending December 31st to be lower than anticipated due to a significant decline in customer orders. ... Continue reading
Republic Industries, Inc. Names VP AutoRewards(SM)
Republic Industries, Inc. announced that Maria Bailey has been named to the Company's new position of Vice President of AutoRewards(SM), effective immediately. ... Continue reading
Subaru and Panoz Create Subaru-Panoz Performance Driving School
Subaru of America, Inc. and Panoz Motorsports announced today that they have joined forces to create the Subaru-Panoz Performance Driving School. ... Continue reading
The BMW X5 Offers a Completely New Sense of Driving
Making its world debut at the 1999 North American International Auto Show: a new automotive concept for the world market made by BMW in Spartanburg, USA, an excellent offer to BMW enthusiasts and new target groups. ... Continue reading
Toyota Announces November Certified Used Vehicle Sales
Toyota Motor Sales, U.S.A., Inc., reported that calendar-year- to-date sales of its Toyota Certified Used Vehicles totaled 80,630 units, an increase of 7.8 percent compared to the same period a year ago. ... Continue reading
Triad Financial Prices $100 Million Auto Loan ABS
Triad Financial Corp, has priced a $100 million Auto Loan asset backed security issue. The issue, Triad Auto Receivables Owner Trust 1998-4, is structured with one class of notes and a 100% surety wrap credit enhancement. ... Continue reading
TRW Declares Quarterly Dividend
Directors of TRW Inc. declared a quarterly dividend of 33 cents per share on the company's outstanding common stock. ... Continue reading
Uniroyal Technology Purchases Equity Position In Emcore
In a filing with the Securities and Exchange Commission, Uniroyal Technology Corporation reported that it has purchased for approximately $9 million or $14 per share, convertible preferred stock of Emcore Corporation. ... Continue reading
USAC Standouts Ace IRL Rookie Test with Pennzoil Team
USAC Standouts Ace IRL Rookie Test with Pennzoil Team ... Continue reading
USRRC: Rolex 24 at Daytona Update
USRRC: Rolex 24 at Daytona Update ... Continue reading
Wynn's International Expands Share Repurchase Program
Wynn's International, Inc. announced that the Board of Directors had approved a new three year, $15 million open market share repurchase program to begin in January 1999. ... Continue reading
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