Tuesday, October 13, 1998

Access and Shikoku Electric Power Form an Alliance

Access Co., Ltd. and Shikoku Electric Power Co., Inc. agreed to develop a remote control system for consumer mobile information appliances with Shikoku's OpenPLANET. ... Continue reading

Advanced Materials Group Plans to Appeal Judgment

Advanced Materials Group Inc. announced that it plans to appeal a $382,500 judgment rendered against the company's Condor Utility Products subsidiary in a breach of requirements contract lawsuit. ... Continue reading

Alcatel Microelectronics DynaMiTe Demonstration

Alcatel Microelectronics invites the press and DSLcon '98 attendees to a demonstration of the speed and power of the DynaMiTe chipset. ... Continue reading

American Axle & Manufacturing Purchases Albion Automotive

American Axle & Manufacturing (AAM) has announced its acquisition of Albion Automotive Ltd. for an undisclosed sum. The two Tier One automotive suppliers signed a purchase agreement on Friday, Oct. 9. ... Continue reading

ARCA: Mark Gibson Injury Update

ARCA: Mark Gibson Injury Update ... Continue reading

Car Care Month Is Good Time To Check In With "Virtual Mechanics"

All things automotive are discussed every day on the Web's leading destination for discussion, Deja News. October is National Car Care Month, reminding us all to maintain and repair our cars before the brunt of Winter hits. ... Continue reading

CBSI And BBK LTD. Enter Into Partner Agreement

Complete Business Solutions Inc. and BBK Ltd., a nationally recognized management and financial consulting firm have entered into a partnership to work together to assess the Year 2000 readiness of GM suppliers. ... Continue reading

Dana Corp Announces Agreement to Sell DCC Tech Leasing Assets

Dana Corporation announced that its leasing and financial services unit, Dana Commercial Credit Corporation (DCC), has agreed to sell its technology leasing group portfolio to Chicago-based Heller Financial, Inc. ... Continue reading

DEI Motorsports Director Leery Of Pit Crew Limit

Ty Norris, Dale Earnhardt Inc.'s director of motorsports, hopes NASCAR's consideration of a plan to limit the number of crew members each team can use during a weekend doesn't become a reality. ... Continue reading

Donnelly Electronics Receives QS9000 Registration

Donnelly Electronics has achieved QS9000 certification, indicating that the company has met the quality standards established by the automotive industry. ... Continue reading

Eaton Earns $85 Million Before Restructuring Charge

Eaton Corporation announced that, before special charges in both periods, third quarter 1998 earnings per share were $1.18, down 33% from last year's $1.77 per fully diluted share. ... Continue reading

Federal-Mogul Announces Appointments for General Products Group

Frank Tomes, executive vice president, General Products, Federal-Mogul Corp, announces the following appointments, effective immediately, for the newly enlarged General Products group resulting from the acquisition of Cooper Automotive: ... Continue reading

Federal-Mogul Appoints Robert C. Rozycki

Federal-Mogul Corporation, Executive Vice President and Chief Financial Officer Thomas W. Ryan announced the appointment of Robert C. Rozycki to the position of chief tax officer for the corporation, effective immediately. ... Continue reading

Ford Announces Intention to Develop New Incentive Plan

Ford Motor Company announced to its 50,000 profit-sharing eligible salaried employees in the U.S. and Canada an initiative to develop a new performance-based incentive compensation plan. ... Continue reading

Ford Division Launches New Internet Website

Ford Division has launched an updated automotive website offering consumers an inside-out view of the Division's wide range of cars and trucks. ... Continue reading

Ford, ZF to Form Joint Venture for Transmission Production

Ford Motor Company and ZF Friedrichshafen AG have announced their intention to form a joint venture to produce automatic transmissions at Ford's Batavia (Ohio) TransmissionPlant. ... Continue reading

Frisby Technologies Announces New Agreement with Inventor

Frisby Technologies, Inc. announced an agreement with the inventor of the company's patented and proprietary thermal management technology that will reduce Frisby's ongoing royalty payments to the inventor by more than 50%. ... Continue reading

GKN Sinter Metals Adds $85 Million in Assets

GKN Sinter Metals said that it had completed strategic acquisitions in Pennsylvania, Michigan, and Buenos Aires, with a combined value of $85 million. ... Continue reading

Goodyear Announces Earnings Improvement

The Goodyear Tire & Rubber Company reported that its third- quarter income from continuing operations was $185 million or $1.17 per share compared with $184.8 million or $1.16 per share in the year-ago period. ... Continue reading

Halloween Presents Special Traffic Hazards

Halloween can be a time of great fun for children and adults alike, but motorists need to be especially cautious when driving while trick-or-treaters are making their rounds. ... Continue reading

Harley-Davidson, Inc. Reports Record Q3 Revenue and Earnings

Harley-Davidson, Inc. announced record revenue and earnings for its third quarter ended September 27, 1998. This is Harley- Davidson's 34th consecutive quarter of record revenue, and 33rd out of the last 34 quarters of record earnings. ... Continue reading

Hertz Reports Record Q3 Earnings

The Hertz Corporation reported record earnings of $118.7 million for the third quarter of 1998, up 27 percent from the $93.4 million reported for the same period last year. ... Continue reading

Intermet Appoints Michael S. Becker Director of Foundry Purchasing

Intermet Corporation announces the appointment of Michael S. Becker to director of foundry purchasing, effective October 19, 1998. He will be based at the Troy, Michigan corporate office. ... Continue reading

Invitational 410 Winged Sprint Car Race Results

Non-USAC Sanctioned Sprint Results ... Continue reading

IRL: Oldsmobile Wraps Up Perfect Season with Las Vegas 500k Victory

IRL: Oldsmobile Wraps Up Perfect Season with Las Vegas 500k Victory ... Continue reading

Kmart Automotive Department Provides Automotive Services

Thanks to the Kmart Car Care Center and the variety of car care services, automotive performance products and automotive accessories it offers, families can do all their shopping at one convenient stop. ... Continue reading

Lincoln and Mercury Plan World Debuts for Its L.A. Auto Show

The 1999 Greater Los Angeles Auto Show is already benefiting from the relocation of Lincoln Mercury's world headquarters by being adopted as the automaker's premier show in which to debut new production models and concept cars. ... Continue reading

Lithia Motors, Inc. Enters Into Agreement With Ford Credit

Lithia Motors, Inc. announced that it has entered into a strategic financial agreement with Ford Credit to serve as its primary lender, providing $350 million in credit lines. ... Continue reading

LucasVarity Wins Total Brake System Contract for European Van

LucasVarity plc announced that its Automotive Division has been awarded a brake systems contract for a light commercial van to be produced by a co-operative venture between GM's Opel division and the French automaker Renault. ... Continue reading

LucasVarity Wins Total Brake Systems Contract for European Van

Lucas Varity plc announced that its Automotive Division has been awarded a brake systems contract for a light commercial van to be produced by a co-operative venture between GM's Opel Division and the French automaker Renault. ... Continue reading

MEMS-Based Inertial Sensors Suppliers Seek New Application Markets

Microelectromechanical (MEMS) research has been underway for over a decade, and these sensors are gaining favor in the U.S. partly due to their miniaturization and low price. ... Continue reading

Michael Waltrip to drive for Mattei Motorsports in 1999

Michael Waltrip to drive for Mattei Motorsports in 1999 ... Continue reading

More Maryland Nontraditional Drivers Seeing Better Auto Rates

Smashing stereotypes of what defines a responsible driver, The Hartford Financial Services Group, Inc. has introduced lower auto rates in Maryland for a broad range of drivers who have typically paid higher rates for auto insurance. ... Continue reading

NASCAR-SJAPS: NSJAPS Event #18, All American 400

NASCAR-SJAPS: NSJAPS Event #18, All American 400 ... Continue reading

NavTech At Forefront of Market Growth for Navigation Products

The next car you buy is likely to be equipped with a system that will do the navigating for you. ... Continue reading

NavTech Expands Map Database Coverage

Navigation Technologies (NavTech), the leading supplier of map databases used by in-vehicle navigation products, announced that it plans major database coverage builds in both Europe and North America in 1999. ... Continue reading

New Leaders Will Drive Visteon Into the 21st Century

Moving beyond its launch phase and preparing for the competitive challenges of the next millennium, Visteon Automotive Systems is announcing a series of new management appointments. ... Continue reading

New Motorcycle Review: Suzuki GSF 1200 Bandit

you'll love the 1200 Suzuki variety. Black, bold and menacing this is a machine that demands attention and respect. A combination of the veritable in-line 4 cylinder dohc 98 bhp block matched with a superb chassis and genuinely comfortable riding position ... Continue reading

Nissan to Unveil Z Car, Sport Utility Truck Concepts

With the "father" of the Z car at his side, Nissan North America President Minoru Nakamura unveiled illustrations of a sleek, new Z car and an innovative Sport Utility Truck. ... Continue reading

Results and Standings from the US Open of Supercross, Las Vegas

OFFICIAL RESULTS - U.S. OPEN OF SUPERCROSS MGM GRAND GARDEN ARENA, LAS VEGAS, NEVADA ... Continue reading

SensAble Tech. and Dassault Systemes Announce Cooperative Effort

SensAble Technologies (SensAble) and Dassault Systemes announced that they are collaborating to integrate SensAble's 3D Touch(TM) technology with CATIA Version 5. ... Continue reading

Sonics & Materials Reports Fiscal 1998 Year End Results

Sonics & Materials, Inc. reported that revenues for the Fiscal Year 1998, ended June 30, increased 11.6% over Fiscal Year 1997. Revenues for Fiscal Year 1998 were $12,080,552 compared to $10,827,525 for Fiscal Year 1997. ... Continue reading

Southeast Toyota Announces Record September Sales

Bolstered by strong sales of the all-new Camry Solara, Southeast Toyota Distributors, Inc. reported the best-ever September retail sales in its 29-year history. The company's former September record, set in 1996, was surpassed by 8%. ... Continue reading

Standard Products Announces Completion of Stock Program

The Standard Products Company announced that it has completed the repurchase of 843,600 shares of its common stock, or five percent of the outstanding shares, under a share repurchase program adopted by the Company's Board of Directors on 06/23/98. ... Continue reading

Tenneco Board Declares Fourth Quarter Dividend

Tenneco announced that its board of directors has declared a regular fourth quarter dividend of 30 cents per share on its common stock. The dividend is payable on December 8, 1998 to shareowners of record at the close of business on Nov 27, 1998. ... Continue reading

Textron Completes Acquisition of David Brown Group plc

Textron Inc. announced it has completed the acquisition of David Brown Group plc of the U.K. for approximately $326 million (195 million pounds sterling), for the entire issued capital stock of Brown, plus the assumption of debt. ... Continue reading

The Car Guy

The Car Guy ... Continue reading

Top Source Announces Update On Progress of Sale

Top Source Techn, Inc. announced that the anticipated November 5th date for its Annual Meeting of stockholders, at which they will be asked to approve the proposed sale of the Company's Top Source Automotive, Inc. subsidiary for $10mil has changed. ... Continue reading

USAC: Russell Pro Series Results

USAC: Russell Pro Series Results ... Continue reading

USAC: TQ Midget Race Results

USAC: TQ Midget Race Results ... Continue reading

USAC: Yeley is 11th Different Silver Crown Winner in '98

USAC: Yeley is 11th Different Winner in '98 ... Continue reading

USA Truck Announces Operating Results

USA Truck, Inc. announced operating revenues of $36,266,931 for the quarter ended Sept. 30, 1998, up 10.3% from $32,890,769 for the same quarter of 1997. ... Continue reading

Volvo Trucks and Cummins Join Forces

Volvo Trucks North America, Inc. announced a milestone agreement with Cummins Engine Company, Inc. in which the two companies will join forces to create innovative solutions for Volvo Trucks' customers in North America. ... Continue reading

Why It's Good: Chassis Rigidity

Chassis Rigidity ... Continue reading