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October 1998

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Monday, October 12, 1998

AAA Offers Free Diagnostic Services to Non-Profit Organizations

AAA Offers Free Diagnostic Services to Non-Profit Organizations

October is National Car Care Month and AAA and its Approved Auto Repair shops are celebrating by offering free diagnostic services to non-profit and charitable organizations. ... Continue reading

Aftermarket Technology Expects Lower Then Expected 1998 Results

Aftermarket Technology Expects Lower Then Expected 1998 Results

Aftermarket Technology Corp. announced that its projected earnings per share for the third and fourth quarters of 1998 will be below current consensus estimates. ... Continue reading

APS Holding Corporation Announces Completion of Asset Sales

APS Holding Corporation Announces Completion of Asset Sales

APS Holding Corporation announced that it has received bankruptcy court approval for the sale of 10 distribution centers and 148 company owned stores in three separate transactions. ... Continue reading

Atlantic Research Corp Purchases Liquid Rocket Engine Business

Atlantic Research Corp Purchases Liquid Rocket Engine Business

Atlantic Research Corporation has agreed to buy the liquid engine business (LEB) of British Aerospace (BAe) subsidiary, Royal Ordnance (RO). ... Continue reading

Auto Network USA Selected to Participate in Discovery Expo '98

Auto Network USA Selected to Participate in Discovery Expo '98

Auto Network USA will be among 80 of the top growth companies in the world to gather October 20 at Discovery Expo '98 to meet 1,000 Wall Street movers and shakers at the New York Hilton and Towers. ... Continue reading

Brazilian Stock Car Championship: Round 15 and 16

Brazilian Stock Car Championship: Round 15 and 16

Goiania held the 15th and 16th round of the Brazilian Stock Car Championship on this Sunday. Brazilian driver Paulo Gomes was the best driver of the weekend, winning both rounds followed by Xandi Negrão, Chico Serra, Ingo Hoffmann and Flavio Trindade ... Continue reading

Chrysler Corporation Reports Record Q3 1998 Earnings

Chrysler Corporation Reports Record Q3 1998 Earnings

Chrysler Corporation announced record third-quarter 1998 net earnings of $682 million, or $1.05 per common share ($1.02 per diluted common share). ... Continue reading

Chrysler Financial Reports Record Q3 Earnings

Chrysler Financial Reports Record Q3 Earnings

Darrell L. Davis, Chairman of Chrysler Financial Corporation (CFC), announced the Company had achieved third quarter 1998 pretax earnings of $180 million, the highest quarterly pretax earnings in the Company's history. ... Continue reading

Cooper Industries Completes Sale of Automotive Business

Cooper Industries Completes Sale of Automotive Business

Cooper Industries, Inc. announced the completion of the sale of its automotive products business to Federal-Mogul Corporation for $1.9 billion. ... Continue reading

CSFB, DLJ and Affiliates Agree to Extend Financing Commitments

CSFB, DLJ and Affiliates Agree to Extend Financing Commitments

As of the close of business on 10/9/98, IBJ Schroder Bank & Trust Company, the depositary, reported that 8,090,512 shares of Class A Common Stock, had been validly tendered and not withdrawn. ... Continue reading

Drag Bikes: AMA/Prostar, Houston Race Results

Drag Bikes: AMA/Prostar, Houston Race Results

Drag Bikes: AMA/Prostar, Houston Race Results ... Continue reading

Energy Absorption Systems Introduces Quadtrend 350 End Treatment

Energy Absorption Systems Introduces Quadtrend 350 End Treatment

Energy Absorption Systems, Inc., has successfully upgraded its TREND(R) System end treatment, and has introduced the QuadTrend 350 System that meets NCHRP 350 Test Level 3 recommendations for impacts by vehicles traveling at speeds up to 62 mph. ... Continue reading

Federal-Mogul Completes Acquisition of Cooper Automotive

Federal-Mogul Completes Acquisition of Cooper Automotive

Federal-Mogul Corporation Chairman and Chief Executive Officer Dick Snell today reported the auto parts company completed the acquisition of Cooper Automotive, a business unit of Cooper Industries, Inc., for $1.9 billion. ... Continue reading

Federal-Mogul Hosts Clothing Drive Fund Raiser

Federal-Mogul Hosts Clothing Drive Fund Raiser

Federal-Mogul Corporation, is hosting a used clothing drive as a fund raiser October 12-16, 1998 to benefit Big Brothers Big Sisters of Metropolitan Detroit. ... Continue reading

Future Three, Inc. is Approved by General Motors

Future Three, Inc. is Approved by General Motors

Future Three, Inc., developers of fully integrated, Y2K- compliant EDI/release accounting and shipping control applications for automotive suppliers, announces that GM has approved AutoRelease Version 12 for MGO EDIFACT processing. ... Continue reading

Hi-Tech Answer to Track Trailers, Cargo

Hi-Tech Answer to Track Trailers, Cargo

Cargo theft is escalating in the United States and the reasons are simple: stealing cargo is safer that running drugs, with less chance of prosecution and large profits, according to The National Cargo Security Council. ... Continue reading

Hughes Announces Third Quarter Revenues

Hughes Announces Third Quarter Revenues

Hughes Electronics Corporation reported that third quarter 1998 revenues increased 20.3% to $1,513.3 million compared with $1,258.3 million in the third quarter of 1997. ... Continue reading

IntelliChoice Announces October Gold Star Lease Winners

IntelliChoice Announces October Gold Star Lease Winners

With interest rates falling, auto manufacturers are offering consumers great leasing deals on new 1999 and leftover 1998 models. ... Continue reading

IRL: Las Vegas 500K Race Results

IRL: Las Vegas 500K Race Results

IRL: Las Vegas 500K Race Results ... Continue reading

IRL: Luyendyk Wins Las Vegas 500K; Brack Claims Season Title

IRL: Luyendyk Wins Las Vegas 500K; Brack Claims Season Title

IRL: Luyendyk Wins Las Vegas 500K; Brack Claims Season Title ... Continue reading

Monaco Coach Corp Announces Expansion of Oregon Operations

Monaco Coach Corp Announces Expansion of Oregon Operations

Monaco Coach Corporation announced a major expansion of its Oregon operations. Monaco will invest approximately $15 million for new facilities, providing additional manufacturing capacity to build Holiday Rambler brand and Monaco brand motorhomes. ... Continue reading

NASCAR Trucks: Kragen/Exide 150 Race Results

NASCAR Trucks: Kragen/Exide 150 Race Results

NASCAR Trucks: Kragen/Exide 150 Race Results ... Continue reading

NASCAR-WCUP: Dale Jarrett Captures Winston 500 at Talladega

NASCAR-WCUP: Dale Jarrett Captures Winston 500 at Talladega

NASCAR-WCUP: Dale Jarrett Captures Winston 500 at Talladega ... Continue reading

NASCAR WCUP: Winston 500 Race Results

NASCAR WCUP: Winston 500 Race Results

NASCAR WCUP: Winston 500 Race Results ... Continue reading

National Systems & Research Develops Aeris MicroBurst Solution

National Systems & Research Develops Aeris MicroBurst Solution

Aeris Communications, Inc., the provider of MicroBurst(TM) short-packet data messaging technology and National Systems & Research Co., have announced an agreement to service the vehicle tracking and monitoring markets. ... Continue reading

New Motorcycle Review: Suzuki GSX-R 750

New Motorcycle Review: Suzuki GSX-R 750

I turned the ignition and heard the digital fuel injection start up, one of the many changes to the new Suzuki GSX-R. Gone are the old 39mm carburettors, replaced by 46mm, large-bore, fuel injection throttle bodies. ... Continue reading

New Motorcycle Review: Yamaha 1300 Royal Star

New Motorcycle Review: Yamaha 1300 Royal Star

The Royal Star is certainly not a bike to mess with. Equipped with one of the finest and smoothest V-4 engines, tuned to deliver massive torque from low revs through one of the sweetest gearboxes you'll ever use, this basically is the bike Harley should have been building during the last 95 years! ... Continue reading

NHRA: Amato, Hofmann, Johnson, Seeling and Panella Claim Pennzoil Nationals Victories

NHRA: Amato, Hofmann, Johnson, Seeling and Panella Claim Pennzoil Nationals Victories

NHRA: Amato, Hofmann, Johnson, Seeling and Panella Claim Pennzoil Nationals Victories ... Continue reading

NHRA: Pennzoil Pros Pushed Aside in Round 1

NHRA: Pennzoil Pros Pushed Aside in Round 1

NHRA: Pennzoil Pros Pushed Aside in Round 1 ... Continue reading

NHRA: Team NEC/AAA Funny Car Nipped at Finish Line

NHRA: Team NEC/AAA Funny Car Nipped at Finish Line

NHRA: Team NEC/AAA Funny Car Nipped at Finish Line ... Continue reading

Nissan's 1970s 240Z Named Fifth 'Greatest Sports Car of All Time'

Nissan's 1970s 240Z Named Fifth 'Greatest Sports Car of All Time'

What's your favorite sports car of all-time? A "Dream Machines" cyberpoll sponsored by The History Channel Online (http://www.historychannel.com) recently posed that question, and the results might surprise you. ... Continue reading

Nissan's 'Mr. K' to Be Inducted Into Automotive Hall of Fame

Nissan's 'Mr. K' to Be Inducted Into Automotive Hall of Fame

Yutaka Katayama, the former Nissan executive affectionately known as "Mr. K," will be recognized for his 40 years of dedication to the automotive industry when he is inducted into the Automotive Hall of Fame tomorrow evening. ... Continue reading

PentaCom Earns ISO 9002 Certification

PentaCom Earns ISO 9002 Certification

PentaCom received ISO 9002 certification after just earning Chrysler's "Gold Pentastar" award for the past two model years, marking the media planning and buying agency the first in its industry to achieve the recognitions consecutively. ... Continue reading

Sacramento USAC Silver Crown Results

Sacramento USAC Silver Crown Results

Sacramento USAC Silver Crown Results ... Continue reading

SCCA: Final Eight Champions Crowned; Valvoline Runoffs Come to a Close

SCCA: Final Eight Champions Crowned; Valvoline Runoffs Come to a Close

SCCA: Final Eight Champions Crowned; Valvoline Runoffs Come to a Close ... Continue reading

Simple Four-Piece Kit Renders Triton Barrier Crashworthy to 100 km/hr

Simple Four-Piece Kit Renders Triton Barrier Crashworthy to 100 km/hr

The Triton TL-3 Kit, a quick-and-easy-to-install accessory that gives the water-filled Triton Barrier Test Level 3 100-km/hr (62 mph) impact performance, has been introduced by Energy Absorption Systems, Inc. ... Continue reading

States Embrace New Truck Mounted Attenuators

States Embrace New Truck Mounted Attenuators

Developing a truck mounted attenuator capable of withstanding a 100 km/h (62 mph) impact -- the National Cooperative Highway Research Project's Report 350 Test Level 3 -- presented manufacturers with an formidable challenge. ... Continue reading

Steele Takes Talladega; Kimmel Claims ARCA Crown

Steele Takes Talladega; Kimmel Claims ARCA Crown

Steele Takes Talladega; Kimmel Claims ARCA Crown ... Continue reading

Stevens Beil/Genuine Car Parts ... 'Parts With Heart'

Stevens Beil/Genuine Car Parts ... 'Parts With Heart'

On behalf of Stevens Beil/Genuine Car Parts, a distributor of General Motors ACDelco Automotive Parts, Donald Chalphin and Ronnie Scheinfeldt presented a $5,000 check to help efforts in the fight to find a cure for breast cancer. ... Continue reading

Subaru Announces Voluntary Recall of Oil Filters

Subaru Announces Voluntary Recall of Oil Filters

Subaru announced a voluntary recall campaign on vendor-supplied oil filters manufactured as original equipment filters for Subaru vehicles. The campaign involves a manufacturing error, which may cause the filter can assembly to leak. ... Continue reading

Titan Motorcycle Executive Speaks About Momentum and Leadership

Titan Motorcycle Executive Speaks About Momentum and Leadership

Titan Motorcycle Co. of America announced that Frank Keery, the company's chairman and CEO, was interviewed recently by Stock- Line, the Stock Traders' News Network. ... Continue reading

T.J.T., Inc. Reports Unsolicited Tender Offer

T.J.T., Inc. Reports Unsolicited Tender Offer

T.J.T., Inc. reported that it has become aware of an unsolicited tender offer by IG Holdings to purchase up to 4.9 percent of T.J.T.'s shares of outstanding common stock at a sharp discount to current market value. ... Continue reading

Tower Automotive Corydon Unit Plans Expansion

Tower Automotive Corydon Unit Plans Expansion

Tower Automotive has announced plans to expand its Corydon, Ind. business unit to fulfill new contract awards in providing frames for the Ford Explorer sport-utility vehicle. ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 338,961 units, down from the 355,676 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

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