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January 1999

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Monday, January 11, 1999

AutoCorp Equities Announces Major Corporate Restructuring

AutoCorp Equities Announces Major Corporate Restructuring

AutoCorp Equities, Inc. announceda major corporate restructuring relating to its debt, wholly owned subsidiaries and management. ... Continue reading

Automotive Performance Group Sells Scandia Bodine Interest

Automotive Performance Group Sells Scandia Bodine Interest

Automotive Performance Group, Inc. a full-service owner and operator of high performance automotive businesses and brands, announced today that it has completed the sale of its 50% interest in Scandia Bodine Racing, LLC for an undisclosed sum. ... Continue reading

Automotive Service Centers Inc. Acquires Four Midas Locations

Automotive Service Centers Inc. Acquires Four Midas Locations

Automotive Service Centers Inc. (ASCI), a management company of branded automotive service and repair concepts, announced the acquisition of four additional Midas franchise locations in the Jacksonville area. ... Continue reading

Auxer Group Retains New Financial Consulting and Investor Relations

Auxer Group Retains New Financial Consulting and Investor Relations

Auxer Group, Inc. announced that it has retained the services of the financial consulting firm PMR and Associates. ... Continue reading

CTS Corporation Announces Promotion of Kazuo Kuroki

CTS Corporation Announces Promotion of Kazuo Kuroki

Kazuo Kuroki, a native of Japan, and the first Japanese national hired by CTS to both establish a sales office and develop a CTS presence in Japan, has been promoted to the position of Representative Director and President, CTS Japan. ... Continue reading

DaimlerChrysler Chairman At the Automotive New World Congress

DaimlerChrysler Chairman At the Automotive New World Congress

DaimlerChrysler Chairman Juergen E. Schrempp made clear that the integration within the recently merged company is making good progress and that important milestones have already been achieved. ... Continue reading

Data I/O Corporation Expands Programming Product Line

Data I/O Corporation Expands Programming Product Line

Data I/O Corporation has expanded its family of automated programming systems for fine pitch integrated circuits with the introduction of a newcost efficient, high volume system. ... Continue reading

F1, RALLY: This week in Ford of Europe Motorsport

F1, RALLY: This week in Ford of Europe Motorsport

F1, RALLY: This week in Ford of Europe Motorsport ... Continue reading

Floridians See Red, and Many Ignore It

Floridians See Red, and Many Ignore It

A number of Florida drivers are forgetting one of the most basic rules of the road -- stopping at red lights. ... Continue reading

Foamex International and Trace International Terminate Merger Plans

Foamex International and Trace International Terminate Merger Plans

Foamex International Inc. and Trace International Holdings, Inc., a New York-based private holding company, announced that the agreement and plan to merge Foamex with a wholly owned subsidiary of Trace has been terminated. ... Continue reading

Ford Motor Company Auto Show Exhibit Prepares to 'Take on the World'

Ford Motor Company Auto Show Exhibit Prepares to 'Take on the World'

Visitors to Ford Motor Company's new auto show exhibit in Detroit are the first of millions of people around the world who in the next few years will see a dramatic display of the strength of the company's six global brands. ... Continue reading

Goodyear Acquires Remaining Brad Ragan Shares

Goodyear Acquires Remaining Brad Ragan Shares

The Goodyear Tire & Rubber Company announced that it has become sole owner of Brad Ragan Inc. ... Continue reading

Hometown Auto Enters Into $100M Credit Facility With GE Capital AFS

Hometown Auto Enters Into $100M Credit Facility With GE Capital AFS

Homwtown Auto Retailers, Inc. announced it has entered into an agreement with GE Capital Auto Financial Services providing the Company with a $100 million credit facility. ... Continue reading

How the Car Buying Experience is Changing for the Better

How the Car Buying Experience is Changing for the Better

Electronic commerce is rapidly changing the way cars are sold and redefining the dealer role. That's good news for consumers who are likely to enjoy lower prices and a haggle-free exchange. ... Continue reading

Hyundai Makes '98 and '99 Cars Even More Affordable

Hyundai Makes '98 and '99 Cars Even More Affordable

Hyundai Motor America announced first quarter consumer incentives of up to $2,000 on 1998 models and up to $1,000 on 1999 models. ... Continue reading

Interstate National Dealer Enters Agreement With Chase Manhattan

Interstate National Dealer Enters Agreement With Chase Manhattan

Interstate National Dealer Services, Inc. announced that it has signed a definitive agreement with Chase Manhattan Automotive Finance Corporation, the largest bank originator of auto loans and leases in the United States. ... Continue reading

IRL: Hamilton and Galles Sidelined, Waiting for Sponsorship

IRL: Hamilton and Galles Sidelined, Waiting for Sponsorship

IRL: Hamilton and Galles Sidelined, Waiting for Sponsorship ... Continue reading

IRL: Treadway Racing Fields Two-Car Effort in Orlando

IRL: Treadway Racing Fields Two-Car Effort in Orlando

IRL: Treadway Racing Fields Two-Car Effort in Orlando ... Continue reading

NASCAR, TRADE: Advanced Racing Technologies Develops 'Pro-Ride'

NASCAR, TRADE: Advanced Racing Technologies Develops 'Pro-Ride'

NASCAR, TRADE: Advanced Racing Technologies Develops 'Pro-Ride' ... Continue reading

'Nightly Automotive Report' Moves to Longer Format

'Nightly Automotive Report' Moves to Longer Format

The "Nightly Automotive Report" is pleased to announce it is expanding to a half-hour format every Monday night on Detroit Public Television. ... Continue reading

Ohio Casualty Group Joins Intuit's Quicken InsureMarket

Ohio Casualty Group Joins Intuit's Quicken InsureMarket

Intuit Inc. announced that its Quicken InsureMarket(R) service (http://www.insuremarket.com) will feature real-time auto insurance rate quotes and online purchase options for drivers in 24 states from Ohio Casualty Group. ... Continue reading

Polk Research Reveals SUV Owners Very Committed to Trucks

Polk Research Reveals SUV Owners Very Committed to Trucks

The Polk Company announced that nearly half of all sport utility vehicle-owning households stayed within the SUV segment when purchasing a new vehicle during the 1998 model year. ... Continue reading

Safety Components Comments on Third Quarter Performance

Safety Components Comments on Third Quarter Performance

Safety Components International, Inc. announced that it expects its results for the third quarter ended December 26, 1998 to be significantly below expectations and that the Company expects to incur a loss for such quarter. ... Continue reading

Standard Automotive Announces Construction of a Manufacturing Plant

Standard Automotive Announces Construction of a Manufacturing Plant

Standard Automotive Corporation announced that it will be establishing a manufacturing facility in Mexico for the construction of maritime trailer chassis. ... Continue reading

Tachi-S Engineering USA Achieves QS-9000 and ISO 9001 Certification

Tachi-S Engineering USA Achieves QS-9000 and ISO 9001 Certification

Farmington Hills-based Tachi-S Engineering U.S.A Inc., a supplier of automotive seating, announced that it has received QS-9000 and ISO 9001 certification. The certification was issued on December 3, 1998. ... Continue reading

Tomkins Announces Interim Fiscal Results

Tomkins Announces Interim Fiscal Results

Tomkins PLC, the international manufacturing company, announced the interim results for 26 weeks ended October 31, 1998. ... Continue reading

Toyota Reaffirms Its Position on Emissions Situation

Toyota Reaffirms Its Position on Emissions Situation

Toyota, the California Air Resources Board and the Federal Environmental Protection Agency have been having discussions regarding the computer that monitors the evaporative emissions control systems of certain Toyota and Lexus vehicles. ... Continue reading

TRADE: Circle Track Magazine Racing Expo Preview

TRADE: Circle Track Magazine Racing Expo Preview

TRADE: Circle Track Magazine Racing Expo Preview ... Continue reading

USAC: 15-Race Coors Light Silver Bullet Series Opens at WDW in January

USAC: 15-Race Coors Light Silver Bullet Series Opens at WDW in January

USAC: 15-Race Coors Light Silver Bullet Series Opens at WDW in January ... Continue reading

USRRC: PTG BMW M3s Quickest at Daytona

USRRC: PTG BMW M3s Quickest at Daytona

USRRC: PTG BMW M3s Quickest at Daytona ... Continue reading

Wackenhut Selected by DaimlerChrylser to Provide Nationwide Security

Wackenhut Selected by DaimlerChrylser to Provide Nationwide Security

The Wackenhut Corporation, a global leader in providing security-related services, announced that DaimlerChrysler awarded the company a multi-year contract to provide security services at multiple nationwide locations. ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

Vehicle production in the U.S., Canada and Mexico is expected to hit an estimated 335,168 units for this first production week of 1999, according to Ward's Automotive Reports. ... Continue reading

West Hollywood Riding Into New Millennium on ZAP Electric Bicycles

West Hollywood Riding Into New Millennium on ZAP Electric Bicycles

Actor George Takei-famous worldwide as Sulu on the original Star Trek series and longtime supporter of futuristic, creative technology-is helping the City of West Hollywood in kicking off its innovative, new Electric Bike Parking Enforcement Program. ... Continue reading

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