Tuesday, April 13, 1999

96th AAA Annual Meeting Set This Month In San Diego

More than 1,000 delegates and auto club executives will gather at the Hyatt Regency San Diego April 19-20 for AAA's 96th Annual Meeting. ... Continue reading

ADP Dealer Services Connects Ford Retail Network in Oklahoma City

The Dealer Services Group of ADP(R) Dealer Services announced that it has been selected as the provider of information technologies and dealership business software for the new Ford Retail Network (FRN) in Oklahoma City, Okla. ... Continue reading

AlliedSignal Q1 Earnings Per Share Are up 13% To a Record $0.59

AlliedSignal Inc. reported record first-quarter earnings per share of $0.59, a 13% increase over 1998 first-quarter earnings per share of $0.52. ... Continue reading

Aluminum Boosts Performance in Lincoln LS

Lighter cars are more nimble andfuel efficient. It's simple physics. Ford designers and engineers took advantage of this fact when designing the 2000 Lincoln LS. ... Continue reading

A. Schulman Inc. Declares Regular Cash Dividend

The Board of Directors of A. Schulman Inc. declared a regular cash dividend of $.125 per common share, payable May 6, 1999 to shareholders of record on April 27, 1999. ... Continue reading

A. Schulman Reports Second-Quarter 1999 Results

A. Schulman Inc. announced that net income for the fiscal second quarter ended February 28, 1999 was $8,640,000 or $.27 per common share compared with $10,986,000 or $.31 per share for the same quarter last year. ... Continue reading

BancBoston Robertson Stephens Upgrades GPI to a Buy Rating

BancBoston Robertson Stephens senior automobile services analyst Jordan Hymowitz upgraded Group 1 Automotive to a Buy rating from Long-Term Attractive. ... Continue reading

Binks Sames Announces Higher First Quarter Income

Binks Sames Corporation, soon to be renamed Sames Corp., reported net income from continuing operations of $604 thousand, or $.20 per share, for the first quarter of fiscal 1999 ended February 28, 1999. ... Continue reading

CCC Information Services Names Robert G. Milburn

CCC Information Services Inc. announced that Robert G. Milburn has joined the firm as Executive Vice President of Product Development. ... Continue reading

Championship Auto Racing Teams Announces Registration Statement

Championship Auto Racing Teams, Inc. announced that it has filed with the Securities and Exchange Commission a Registration Statement relating to a proposed public offering of up to 1,866,500 shares of its common stock. ... Continue reading

DCAP Group, Inc. Commences Private Placement

DCAP GROUP, INC. announced that it has commenced a private placement of between $1,000,000 and $2,000,000 in equity securities to accredited investors. ... Continue reading

Dearborn, Michigan Welcomes New Concept in Automotive Retailing

The newest concept in automotive retailing, MotorQuest Dodge of Dearborn, opened its doors on Monday, April 12. The grand opening celebration was held at 14700 Michigan Avenue. ... Continue reading

Dollar Rent A Car Announces Alignment With Europe's Sixt Rent A Car

Dollar Rent A Car Systems, Inc., a subsidiary of Dollar Thrifty Automotive Group, Inc., announced its European rental reservations alliance with Sixt AG. ... Continue reading

Donnelly Corporation Named a GM Supplier of the Year for 1998

General Motors Worldwide Purchasing has named Donnelly Corporation a GM Supplier of the Year for 1998. A four-time award winner, Donnelly produces interior and exterior mirror systems, window systems and handles for GM. ... Continue reading

Eaton Corporation Names Howard M. Selland

Eaton Corporation named Howard M. Selland to the position of Senior Vice President and Group Executive-Aeroquip, effective immediately. ... Continue reading

EQ Awarded GM Resource Management Contract

The Environmental Quality Company announced that it has signed a three-year resource management agreement with General Motors Corporation to manage all industrial wastes generated at the GM Powertrain plant in Warren, Michigan. ... Continue reading

Florida Municipality Fleet Reports Results With PetroMoly Engine Oil

Worldwide PetroMoly Inc. announced that the city of Coral Springs, Florida will be converting their entire fleet of cars, vans, trucks, etc. to PetroMoly Engine Oil. ... Continue reading

Formula One: World Champ Hakkinen gets back on track despite early scare

Formula One: Race Report, Brazilian Grand Prix ... Continue reading

Full Separation Approved: Delphi Highlights Benefits of Independence

With its full separation from General Motors approved by the GM board of directors, Delphi Automotive Systems announced plans to move aggressively forward with a post-separation business strategy designed to maximize shareholder value. ... Continue reading

Goodyear Directors Re-elected, Dividend Declared

Shareholders of The Goodyear Tire & Rubber Company re-elected Samir G. Gibara, William J. Hudson Jr., William C. Turner and Martin D. Walker to terms on the company's board of directors. ... Continue reading

Harley-Davidson, Inc. Reports Record Q1 Sales and Earnings

Harley-Davidson, Inc. announced record sales and earnings for its first quarter ended March 28, 1999. ... Continue reading

IROC True Value Series, Race One at Daytona on ESPN Saturday

IROC True Value Series, Race One at Daytona on ESPN Saturday ... Continue reading

Merck KGaA and Praxair Form Global Alliance

Merck KGaA Electronic Chemicals and Praxair, Inc. announced a global alliance to provide high-purity process gases and chemicals, related equipment and site services to the worldwide semiconductor industry. ... Continue reading

Microphonics Announces New Contract

Microphonics announces that it has entered into a contractual agreement with Day & Associates, Inc. to serve as the distributor for the trucking, truck rental and leasing industries. ... Continue reading

Micropoint Inc. Expands Scope of its Agreement with Delphi

Micropoint Inc. announced that modifications to its Purchase and Supply Agreement with Delphi Automotive Systems have expanded the scope of its automotive supply commitments. ... Continue reading

NASCAR SJAPS: Slim Jim All Pro Series Heads to St. Augustine

Formula One: Race Report, Brazilian Grand Prix ... Continue reading

NASCAR WCUP: Michael Waltrip takes a bite out of Bristol with 12th place finish

NASCAR WCUP: Michael Waltrip takes a bite out of Bristol with 12th place finish ... Continue reading

NASCAR WCUP: Steve Park Hopes To Avoid Martinsville Heat

Formula One: Race Report, Brazilian Grand Prix ... Continue reading

New Metrics Accurately Measure Company-Growth 'Momentum'

Sustaining company-growth momentum is the only clear competitive advantage in today's marketplace, says company- growth expert Jim Hangstefer. What's more, such momentum must be measured and built. ... Continue reading

NHRA: Herbert, Force, Johnson, Osborne Win O'Reilly Nationals at Houston Raceway Park

NHRA: Herbert, Force, Johnson, Osborne Win O'Reilly Nationals at Houston Raceway Park ... Continue reading

Noble International Announces 1st Quarter Earnings Expected

Noble International, Ltd. reported that it expects to exceed analyst estimates for earnings per share for the first quarter ended March 31, 1999. ... Continue reading

Oliver G. Prince Joins CCC Information Services

CCC Information Services Inc. announced that Oliver G. Prince has joined the firm as Senior Vice President of Human Resources. ... Continue reading

Pronounced Technologies and Eclipse by Fujitsu Ten Team Up

Pronounced Technologies has entered into an agreement with Eclipse(TM) by Fujitsu Ten(TM) to supply the voice-interactive operating software for new versions of the Eclipse Commander in- vehicle voice-interactive computers. ... Continue reading

Roadway Express' First Quarter EPS $.42 Vs. $.32 Year Ago

Roadway Express, Inc. reported net income of $7,939,000, or $0.42 per share (diluted) for its first quarter, which ended March 27, 1999. ... Continue reading

SatCon Acquires Electronics Manufacturer HyComp Corporation

SatCon Technology Corporation announced that it has acquired HyComp Corporation of Marlborough, MA. HyComp has been a manufacturer of high performance, high quality multi-chip modules since 1969. ... Continue reading

Siemens Automotive Announces $55M Center in Germany

Siemens Automotive Systems Group, Regensberg, Germany, is investing $55 million (DM100 million) to expand its facility to include a 164,000-square-foot (50,000-square-meter) logistics and development center. ... Continue reading

Starboard Industries, Inc. Wins DaimlerChrysler Pentastar

JPE, Inc. announced that Starboard Industries, Inc. of East Tawas, Michigan, has earned the DaimlerChrysler Gold Pentastar for its products on the Dakota, Durango, Neon and Grand Cherokee. ... Continue reading

The Eastern Company Announces Record First Quarter Earnings

The Eastern Company reported record first quarter earnings of $1.5 million or $0.61 per basic share, compared with $1.3 million or $0.50 per basic share, in the first quarter of 1998. ... Continue reading

Toyota Announces Major Executive Changes

Toyota Motor Corporation announced that it will make key changes at the senior director level. ... Continue reading

Treasure Island Hosts International Lincoln Car Launch

Lincoln Mercury and the city of San Francisco kicked off an 18- day, multi-million dollar launch program for the world's newest luxury sedan -- the Lincoln LS. ... Continue reading

UnitedAuto Enters Into Agreement for $83.0M Investment From Penske

UnitedAuto Group, Inc., the nation's second largest publicly traded automotive retailer, announced that it has signed a definitive agreement to secure $83.0 million in new capital funding from Penske Capital Partners, L.L.C. ... Continue reading

United Technologies and Sundstrand Announce End of Waiting Period

United Technologies Corp. and Sundstrand Corp. announced that the Hart-Scott-Rodino waiting period applicable to the merger of the two firms has expired. ... Continue reading

USAC: Fitzgerald Grabs Madera 30-Lap Sprint MCI WorldCom Event

USAC: Fitzgerald Grabs Madera 30-Lap Sprint MCI Worldcom Event ... Continue reading

USAC: Leffler Leads MCI WorldCom Midget Cars to Winchester

USAC: Leffler Leads MCI WorldCom Midget Cars to Winchester ... Continue reading

USAC: Steele 'Steals' Victory in Rich Vogler Classic at Winchester

USAC: Steele 'Steals' Victory in Rich Vogler Classic at Winchester ... Continue reading

USCAR Names New Communications Director

Paul C. Wood of Ford Motor Co. is communications director for the United States Council for Automotive Research (USCAR) effective immediately through March 1, 2000. ... Continue reading

Valeo: Strong Growth in Sales +34%

Valeo's consolidated sales for the 1st quarter 1999 amounted to 1,902 million euros, up by 34.4% over the first three months of 1998. ... Continue reading

Visteon Builds Leadership Team with Appointment of New Finance Vice President

Visteon Automotive Systems continues to build a talented global leadership team with the appointment of Mark M. Malcolm to the position of vice president of finance. ... Continue reading

X-Rite, Incorporated Appoints Bernard J. Berg as Senior Vice President

X-Rite, Incorporated announced the promotion of Bernard J. Berg to the newly created post of senior vice president responsible for new business development. ... Continue reading

ZAP Power Systems Attracts $450,000 in Additional Financing

ZAP Power Systems of Sebastopol, California, announced it has received $457,712 in additional financing. ... Continue reading