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October 1999

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Thursday, October 14, 1999

AmeriCredit Corp. Announces $900,000,000 Asset-Backed Securitization

AmeriCredit Corp. Announces $900,000,000 Asset-Backed Securitization

AmeriCredit Corp. announced the pricing of a $900 million offering of automobile receivables-backed securities through Credit Suisse First Boston, Banc of America Securities LLC, Chase Securities Inc., and Morgan Stanley Dean Witter. ... Continue reading

AmeriCredit Corp. Announces Record First Quarter Operating Results

AmeriCredit Corp. Announces Record First Quarter Operating Results

AmeriCredit Corp. announced record net income of $25,324,000, or $0.35 per share, for its first fiscal quarter ended September 30, 1999, versus earnings of $15,482,000, or $0.23 per share, for the quarter ended September 30, 1998. ... Continue reading

Automotive Aftermarket Industry Ass Cautions States Against Overreacting

Automotive Aftermarket Industry Ass Cautions States Against Overreacting

The Automotive Aftermarket Industry Association cautioned state policymakers not to overreact to the Illinois court verdict against State Farm Insurance Company and offered to draft model pro-consumer legislation. ... Continue reading

Bonded Motors Announces Third-Quarter Revenue Decline

Bonded Motors Announces Third-Quarter Revenue Decline

Aaron Landon, chairman of the board and chief executive officer of Bonded Motors Inc. announced a significant decline in revenues for the third quarter ended Sept. 30, 1999. ... Continue reading

CALENDAR: This Week In Motorsports

CALENDAR: This Week In Motorsports

CALENDAR: This Week In Motorsports ... Continue reading

CART: Australian Champ Car fans to get first taste fo championship chase at Honda Indy 300

CART: Australian Champ Car fans to get first taste fo championship chase at Honda Indy 300

CART: Australian Champ Car fans to get first taste fo championship chase at Honda Indy 300 ... Continue reading

CART: Bill Lester named final participant in CART African-American Driver Development Program

CART: Bill Lester named final participant in CART African-American Driver Development Program

CART: Bill Lester named final participant in CART African-American Driver Development Program ... Continue reading

Courts or Legislature Will Answer Car Tax Question If I-695 Passes

Courts or Legislature Will Answer Car Tax Question If I-695 Passes

Whether passage of Initiative 695 in November would subject motor vehicles to the state's personal property tax is a question that will have to be settled by the courts or the Legislature. ... Continue reading

Cummins Reports Strong Third Quarter Sales and Operating Profit

Cummins Reports Strong Third Quarter Sales and Operating Profit

Cummins Engine Co. Inc. announced it set two new records for a third quarter, reporting earnings before interest and taxes of $91 million on sales of $1.63 billion. ... Continue reading

Fall High School Drags

Fall High School Drags

Fall High School Drags ... Continue reading

Family Circle Names Family Car of the Year

Family Circle Names Family Car of the Year

Once again, the Dodge Intrepid and the Chevrolet Suburban, lead the list for Family Circle's 1999 Family Car of the Year, the 12th annual ranking of vehicles considered best for families, as judged by more than 1,700 women nationwide. ... Continue reading

Formula One: The only way to travel

Formula One: The only way to travel

Formula One: The only way to travel ... Continue reading

Gentex Announces BMW X5 Business

Gentex Announces BMW X5 Business

Gentex Corporation has recently begun shipping interior and exterior automatic-dimming mirrors for BMW's all-new sports activity vehicle, the X5. ... Continue reading

IHS Group and GM Sign Exclusive Data Distribution Agreement

IHS Group and GM Sign Exclusive Data Distribution Agreement

Information Handling Services Group IHS Engineering, and Global Engineering Documents announced a long-term exclusive distribution agreement with General Motors (GM) to provide automotive standards data to GM's suppliers around the world. ... Continue reading

International Star Retains Managerial Advisory Services

International Star Retains Managerial Advisory Services

International Star, Inc. has retained Managerial Advisory Services, Inc. (MAS), a Tampa, Florida-based investor relations firm to provide a variety of corporate and investor related services, including media and public relations. ... Continue reading

IRL: Cheever Looks To Up His Ante At Season Finale

IRL: Cheever Looks To Up His Ante At Season Finale

Cheever Looks To Up His Ante At Season Finale ... Continue reading

J. B. Hunt Transport Services Reports Revenues and Earnings for Q3

J. B. Hunt Transport Services Reports Revenues and Earnings for Q3

J. B. Hunt Transport Services, Inc. announced third quarter 1999 net earnings of $5.0 million, or earnings per diluted share of 14 cents, compared with 1998 third quarter net earnings of $10.8 million, or 30 cents per diluted share. ... Continue reading

Johnson Controls Appoints Executives to New Management Roles

Johnson Controls Appoints Executives to New Management Roles

Automotive interior supplier Johnson Controls announced the appointment of two top executives to new positions, effective immediately. ... Continue reading

Johnson Controls' Athens, Tennessee Facility Receives Award

Johnson Controls' Athens, Tennessee Facility Receives Award

Johnson Controls' Athens, Tenn., facility has been named one of "America's Best Plants" by IndustryWeek magazine in recognition of its world-class manufacturing capabilities and a plant management mindset of continuous improvement. ... Continue reading

Kenwick's Automax Division Reports Audited Earnings of $.26 Per Share Pre-Tax

Kenwick's Automax Division Reports Audited Earnings of $.26 Per Share Pre-Tax

Kenwick Industries Inc. released their audited financial statements for 1998. ... Continue reading

Lear Corporation is Y2K Ready

Lear Corporation is Y2K Ready

Lear Corporation issued a statement confirming the company's Year 2000 (Y2K)preparedness. ... Continue reading

Magna Integram Union Vote Results

Magna Integram Union Vote Results

Workers at Magna's Integram plant near Windsor Ontario began voting on whether or not to have a union at 5:00 am this morning. ... Continue reading

Midas Reports Third Quarter Earnings Per Share of $.73

Midas Reports Third Quarter Earnings Per Share of $.73

Midas, Inc. announced its results for the third quarter ended Sept. 25, 1999. Diluted earnings per share were $.73, compared to $.76 last year. ... Continue reading

Mitsubishi Motors Honors Top Dealers

Mitsubishi Motors Honors Top Dealers

Brilliance, like the shine of a well-cut diamond, can also be found in the multi-faceted success of Mitsubishi Motors dealers. ... Continue reading

Mobil and Qatar Shipping Take Delivery of New Crude Carrier

Mobil and Qatar Shipping Take Delivery of New Crude Carrier

The Ras Laffan, a new Aframax double-hull crude carrier, was delivered to QM Tanker Co., LLC, a joint venture company owned 50/50 by Mobil Shipping and Transportation Company (MOSAT) and Qatar Shipping Company. ... Continue reading

MotorVac Retains Strategic Investor Relations Inc.

MotorVac Retains Strategic Investor Relations Inc.

MotorVac Technologies Inc. announced that it has retained Strategic Investor Relations Inc. to provide counsel and support on the development and implementation of an investor relations program. ... Continue reading

NASCAR Trucks: The Heat is on in Texas - Compton Chasing the '99 Championship

NASCAR Trucks: The Heat is on in Texas - Compton Chasing the '99 Championship

The Heat is on in Texas - Team RC and Compton Chasing the '99 Championship ... Continue reading

NASCAR WCUP: Jerry Nadeau/M&M's Racing Preview, Talladega

NASCAR WCUP: Jerry Nadeau/M&M's Racing Preview, Talladega

NASCAR WCUP: Jerry Nadeau/M&M's Racing Preview, Talladega ... Continue reading

NASCAR WCUP: Ken Schrader thinks Talladega is 'pretty tricky'

NASCAR WCUP: Ken Schrader thinks Talladega is 'pretty tricky'

NASCAR WCUP: Ken Schrader thinks Talladega is 'pretty tricky' ... Continue reading

Nostalgia Motorcars files 10-SB With SEC

Nostalgia Motorcars files 10-SB With SEC

Nostalgia Motorcars Inc. announced that it has filed a Form 10- SB registration statement with the U.S. Securities and Exchange Commission on Oct. 4, 1999. ... Continue reading

Other ARCA Sponsor Awards

Other ARCA Sponsor Awards

other ARCA Sponsor awards ... Continue reading

Pennsylvania Democratic Senators Announce Legislation

Pennsylvania Democratic Senators Announce Legislation

Automobile insurers could not require the use of substandard "aftermarket" parts for vehicle repairs or require or encourage accident victims to use specific auto body repair shops under legislation announced by state Sens. O'Pake and Costa Jr. ... Continue reading

Pennzoil-Quaker State Company Names Gary A. Lillian

Pennzoil-Quaker State Company Names Gary A. Lillian

Pennzoil-Quaker State Company announced that Gary A. Lillian has been named senior vice president of marketing and advertising for Jiffy Lube International. ... Continue reading

PIA Says BMW Owners Deserve the Best: Advice From a Professional Insurance Agent

PIA Says BMW Owners Deserve the Best: Advice From a Professional Insurance Agent

Consumers who seek advice about insurance coverages deserve the best. Consumers who consult professional insurance agents are assured that their range of choices among carriers and coverages is broad and suited to their needs. ... Continue reading

Pollution Research and Control Corp. Announces Subsidiary Roles for China Market

Pollution Research and Control Corp. Announces Subsidiary Roles for China Market

A.E. Gosselin Jr., president and ceo of Pollution Research and Control Corp. announced that "Two of the Company's 100% owned, dormant subsidiaries are being revived and retrofitted to each focus on expanded Company areas of business in China. ... Continue reading

practice speeds for ARCA Winn dixie 300 first sesion Thursday

practice speeds for ARCA Winn dixie 300 first sesion Thursday

practice speeds for ARCA Winn dixie 300 first sesion Thursday ... Continue reading

RALLY: Final FIA Championship Points and Wrap Up

RALLY: Final FIA Championship Points and Wrap Up

RALLY: Final FIA Championship Points and Wrap Up ... Continue reading

RALLY: Jean-Joseph breaks his duck for Ford in Italy

RALLY: Jean-Joseph breaks his duck for Ford in Italy

Jean-Joseph breaks his duck for Ford in Italy ... Continue reading

RALLY: San Remo FIA World Championship Report

RALLY: San Remo FIA World Championship Report

RALLY: San Remo FIA World Championship Report ... Continue reading

RALLY: San Remo: Makinen Wins

RALLY: San Remo: Makinen Wins

RALLY: San Remo: Makinen Wins ... Continue reading

Referendum Against Fraud and Higher Insurance Costs

Referendum Against Fraud and Higher Insurance Costs

A diverse coalition of businesses, consumer advocates, ethnic groups and insurers announced their intention to seek a referendum for the March 2000 ballot. ... Continue reading

Rush Enterprises Inc. Announces Investment by Paccar Inc.

Rush Enterprises Inc. Announces Investment by Paccar Inc.

Rush Enterprises Inc., announced that PACCAR Inc. has purchased 956,175 shares of Common Stock of the Company. ... Continue reading

SatCon Receives $1.1 Million Subcontract From General Dynamics

SatCon Receives $1.1 Million Subcontract From General Dynamics

SatCon Technology Corporation(R) announced that it received authorization to proceed on a subcontract from General Dynamics Land Systems to develop a battery power converter for the new Reconnaissance, Surveillance and Targeting Vehicledemonstrator. ... Continue reading

Shawna Robinson in Talladega

Shawna Robinson in Talladega

Shawna Robinson in Talladega ... Continue reading

Special Tactics Help Car and Driver Get An Amazing 121.7 Mpg in Honda Insight

Special Tactics Help Car and Driver Get An Amazing 121.7 Mpg in Honda Insight

Editors from Car and Driver magazine recently conspired to wring maximum miles per gallon (mpg) from Honda's new Insight, a hybrid vehicle that is powered by a combination electric motor with a small 1.0 liter, 3-cylinder gasoline engine. ... Continue reading

Subaru Named `Most Improved Car Company' in the World

Subaru Named `Most Improved Car Company' in the World

Subaru has been named "Most Improved Car Company" at the 1999 Global Automotive Awards ceremony sponsored by the London-based Financial Times Automotive World magazine. ... Continue reading

Textron Selected by Fortune Magazine as a Global Most Admired

Textron Selected by Fortune Magazine as a Global Most Admired

For the second consecutive year, Textron Inc. has been selected by Fortune magazine as among the "Global Most Admired Companies" in its industry rankings. ... Continue reading

U. S. Steel Serves Automotive Customers Better at New Center

U. S. Steel Serves Automotive Customers Better at New Center

Thirteen months after U.S. Steel's Automotive Group held groundbreaking ceremonies for its new automotive center in Troy, Michigan, the 43,300-square-foot facility is open for business. ... Continue reading

UTI and Jaguar Set the 'Pace' for New Breed of Automotive Technicians

UTI and Jaguar Set the 'Pace' for New Breed of Automotive Technicians

Universal Technical Institute has partnered with Jaguar Cars of North America to create Professional Automotive Career Education (PACE), an exclusive training program that prepares technicians for entry-level positions at Jaguar dealerships. ... Continue reading

Viking Freight Honored with the Highest Safety Award

Viking Freight Honored with the Highest Safety Award

Viking Freight Inc. has been named the 1999 winner of the highest safety award in the trucking industry, the American Trucking Associations' (ATA) President's Trophy. ... Continue reading

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