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April 2000

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Friday, April 14, 2000

2000 NEW YORK AUTO SHOW Fun For The Whole Family

2000 NEW YORK AUTO SHOW Fun For The Whole Family

"The 2000 Show has more cars, more trucks, more fun and more entertainment than ever before," said John LaSorsa, auto show chairman. ... Continue reading

60 Belle Tire Stores: Company Acquires 13 Closed NTB Locations from Sears

60 Belle Tire Stores: Company Acquires 13 Closed NTB Locations from Sears

Belle Tire, the 80-year-old tire giant, has recently purchased 13 closed NTB locations from Sears, which will officially open on Monday, April 17, 2000. ... Continue reading

Air Bags Performing Well, Saving Lives

Air Bags Performing Well, Saving Lives

In the nearly 30 years since automotive air bags were first installed in the nation's passenger cars, more than 4,000 lives have been saved with no reported environmental damage caused by the chemicals used in bag inflators. ... Continue reading

AmeriCredit Corp. Reports 66% Increase in Third Quarter Earnings

AmeriCredit Corp. Reports 66% Increase in Third Quarter Earnings

AmeriCredit Corp. announced record net income of $32,410,000, or $0.41 per share, for its third fiscal quarter ended March 31, 2000, versus earnings of $19,505,000, or $0.29 per share, for the quarter ended March 31, 1999. ... Continue reading

A.O. Smith First Quarter Earnings Increase 20 Percent to $.60 Per Share

A.O. Smith First Quarter Earnings Increase 20 Percent to $.60 Per Share

Benefiting from strong demand in its major electric motor markets and the continued international expansion of its water heater business, A.O. ... Continue reading

ASA: St. Amant Holds onto Points Lead Heading to Famed Hickory

ASA: St. Amant Holds onto Points Lead Heading to Famed Hickory

St. Amant Holds onto Points Lead Heading to Famed Hickory ... Continue reading

Auto Lending Year In Review: Fitch IBCA

Auto Lending Year In Review: Fitch IBCA

Fitch IBCA has published a report on the U.S. auto lending industry. Against the backdrop of rising auto sales, fundamental changes are occurring in the industry. ... Continue reading

Autoliv's Acquisition from NSK Completed

Autoliv's Acquisition from NSK Completed

Autoliv Inc. and -- the world-wide leader in automotive safety systems -- has reached a final agreement to acquire the seat belt operations of NSK Ltd., the Japanese bearing company. ... Continue reading

Automakers Support House Fuel Economy Legislation

Automakers Support House Fuel Economy Legislation

The following is a statement by Josephine S. Cooper, President, Alliance of Automobile Manufacturers, in response to fuel economy legislation introduced in Congress: ... Continue reading

Automotive Industries Appoints New Editorial Director

Automotive Industries Appoints New Editorial Director

Automotive Industries Magazine is proud to announce the appointment of Andrew J. Cummins to the position of Editorial Director for the publication. ... Continue reading

Bridgestone/Firestone Makes Sizable Land Donation to State of Tennessee

Bridgestone/Firestone Makes Sizable Land Donation to State of Tennessee

In a move that will preserve thousands of acres of unspoiled wilderness area for generations to come, Bridgestone/Firestone, Inc. announced the donation of approximately 6,000 acres of land in White and Van Buren counties to the state of Tennessee. ... Continue reading

Campaign to Raise Public Awareness On Need for Backup Collision Safety

Campaign to Raise Public Awareness On Need for Backup Collision Safety

Sense Technologies Inc. is launching a public awareness campaign to educate industry leaders, government officials, interest groups and the public about the dangers of rearward moving accidents and the solutions available for warning. ... Continue reading

CCX Driver Dotson Wins Delaware Motor Transit Association Award

CCX Driver Dotson Wins Delaware Motor Transit Association Award

Con-Way Central Express (CCX) employee Ralph Dotson has been voted Driver of the Month by the Delaware Motor Transport Association (DMTA) who will present him with a plaque this month. ... Continue reading

'Chrysler Proving Grounds' Consumer Driving Event Expands to 18 Cities

'Chrysler Proving Grounds' Consumer Driving Event Expands to 18 Cities

The "Chrysler Proving Grounds" consumer driving program, featuring the all-new 2001 Chrysler PT Cruiser, expands to a nation-wide, 18-city tour, DaimlerChrysler Corporation announces. ... Continue reading

Chrysler PT Cruiser Mania Heads for Europe

Chrysler PT Cruiser Mania Heads for Europe

European customers eagerly awaiting the arrival of the Chrysler PT Cruiser need only wait a few more days. The first 450 Chrysler PT Cruisers headed for Europe were loaded on a ship at the port of Veracruz, Mexico. ... Continue reading

DaimlerChrysler Reports Plant Schedule for Week of April 17, 2000

DaimlerChrysler Reports Plant Schedule for Week of April 17, 2000

DaimlerChrysler Corporation reports all nine U.S. assembly plants and all three Canadian assembly plants will operate the week of April 17, 2000. ... Continue reading

Executive Changes at Pep Boys

Executive Changes at Pep Boys

The Pep Boys announced that in conjunction with the recent promotion of George Babich, Jr., to Senior Vice President and CFO, Bernard K. McElroy has been promoted to Vice President- Finance. ... Continue reading

Federal-Mogul Earns Excellence Award from Rubber Manufacturers Association

Federal-Mogul Earns Excellence Award from Rubber Manufacturers Association

Federal-Mogul's Skokie, Illinois, gasket facility has earned the Rubber Manufacturers Association (RMA) 1999 Safety and Health Improvement Program Excellence Award. ... Continue reading

Federal-Mogul's Pontotoc Facility Celebrates 2M Hours of Safety

Federal-Mogul's Pontotoc Facility Celebrates 2M Hours of Safety

Federal-Mogul's Pontotoc, Mississippi, chassis team announces they have completed two million hours worked without a lost- time accident. ... Continue reading

Fidelity Holdings Clarifies Strategic Agreement With Lucent

Fidelity Holdings Clarifies Strategic Agreement With Lucent

Fidelity Holdings, Inc. announced a Strategic Agreement reached between its communications subsidiary, IG2, Inc. and Lucent Technologies. ... Continue reading

Fixing Albuquerque's Traffic Bottleneck Will Yield $10.1B in Benefits

Fixing Albuquerque's Traffic Bottleneck Will Yield $10.1B in Benefits

A report released by the American Highway Users Alliance finds that Albuquerque-area residents and commuters will reap a total of $10.1 billion in economic benefits when needed improvements are made on I-40 at the I-25 Interchange. ... Continue reading

Ford Motor Company Announces Major Shareholder Value Actions

Ford Motor Company Announces Major Shareholder Value Actions

The Board of Directors of Ford Motor Company has approved three major actions to further the company's transformation into a consumer-focused business and effectively reward shareholders: ... Continue reading

Fuelmaker Refueling Appliances for Natural Gas Vehicles Now Available

Fuelmaker Refueling Appliances for Natural Gas Vehicles Now Available

FuelMaker Corporation announced that all five models of its natural gas vehicle refueling appliances are now available for purchase by authorized users of the US General Services Administration (GSA) Contract. ... Continue reading

Hyundai Motors Licenses Saba Learning Solution for 15,000 People

Hyundai Motors Licenses Saba Learning Solution for 15,000 People

Saba, the company that connects people to learning, announced that Hyundai Motor America has selected the Saba Learning(TM) solution in the third quarter ending February 29, 2000. ... Continue reading

INDY 500: 1998 Winner Cheever enters 84th Indianapolis 500

INDY 500: 1998 Winner Cheever enters 84th Indianapolis 500

INDY 500: 1998 Winner Cheever enters 84th Indianapolis 500 ... Continue reading

INDY 500: Cheever among pacesetters at Indy open test; Brother complete rookie session

INDY 500: Cheever among pacesetters at Indy open test; Brother complete rookie session

INDY 500: Cheever among pacesetters at Indy open test; Brother complete rookie session ... Continue reading

INDY 500: Ray breaks 222 mph to lead final day of Indy open test

INDY 500: Ray breaks 222 mph to lead final day of Indy open test

RALLY: Marcus Gronholm continues to lead in Sweden ... Continue reading

INDY LIGHTS: Dayton Indy Lights Championship Begins At Long Beach

INDY LIGHTS: Dayton Indy Lights Championship Begins At Long Beach

Dayton Indy Lights Championship Begins At Long Beach ... Continue reading

Indy Lights: Dorricott Racing sets sights for Long Beach and repeat championship

Indy Lights: Dorricott Racing sets sights for Long Beach and repeat championship

Indy Lights: Dorricott Racing sets sights for Long Beach and repeat championship ... Continue reading

INTERMET Reports Record First-Quarter Sales

INTERMET Reports Record First-Quarter Sales

INTERMET Corporation, a leading manufacturer of cast-metal automotive components, reported record sales of $307 million for the first quarter of 2000, up 25 percent over 1999 first- quarter sales of $245 million. ... Continue reading

IROC: Dismore starts from the pole at Talladega in round two of IROC 2000

IROC: Dismore starts from the pole at Talladega in round two of IROC 2000

IROC: Dismore starts from the pole at Talladega in round two of IROC 2000 ... Continue reading

IROC: Ray, Dismore ready for better IROC results at Talladega

IROC: Ray, Dismore ready for better IROC results at Talladega

IROC: Ray, Dismore ready for better IROC results at Talladega ... Continue reading

J. B. Hunt Reports Revenues and Earnings Q1 2000

J. B. Hunt Reports Revenues and Earnings Q1 2000

J. B. Hunt Transport Services, Inc., announced revenues of $534 million for the first quarter of 2000, an increase of 13% over the first quarter of 1999. ... Continue reading

Jeffrey Penn Appointed Retailer Principal of Mercedes-Benz of Annapolis

Jeffrey Penn Appointed Retailer Principal of Mercedes-Benz of Annapolis

With the retirement of longtime Mercedes-Benz retailer George Benson, Jeffrey A. Penn has been named retailer principal of the Mercedes-Benz center in Annapolis, MD. ... Continue reading

Johnson Controls Delivers Comfort for Consumers

Johnson Controls Delivers Comfort for Consumers

Johnson Controls is demonstrating to automakers and journalists its Self-Adjusting Comfort Seat (SACS), a comfort must in a market -- or anywhere -- where long commutes can be a daily norm. ... Continue reading

Johnson Controls Receives 'Extra Miler' Award From AutoZone

Johnson Controls Receives 'Extra Miler' Award From AutoZone

AutoZone, the nation's leading auto parts chain, has selected Johnson Controls for an "Extra Miler" vendor award for the fifth consecutive year. ... Continue reading

KeyTrak Announces Move to Direct Sales Force

KeyTrak Announces Move to Direct Sales Force

KeyTrak, Inc. announced that the company would discontinue all sales through its authorized KeyTrak distributors as of May 8, 2000. ... Continue reading

KKR to Fund New E-Business Services Firm, Dynamis Solutions, Inc.

KKR to Fund New E-Business Services Firm, Dynamis Solutions, Inc.

Dynamis Solutions, Inc. has received $3 million of first round funding from leading private equity investment firm Kohlberg Kravis Roberts &Co.(KKR). ... Continue reading

Leading Proxy Advisor Backs Simpson Industries Board

Leading Proxy Advisor Backs Simpson Industries Board

Simpson Industries, Inc. announced that The Proxy Monitor, Inc. has recommended to its clients that they vote FOR management's nominees and AGAINST the MMI shareholder proposal at Simpson's Annual Meeting on April 18. ... Continue reading

Lear Corporation, Piston Automotive Establish Joint Venture

Lear Corporation, Piston Automotive Establish Joint Venture

Lear Corporation announced the creation of JL Automotive LLC, a joint venture with Piston Automotive LLC, to sequence vehicle interior parts for General Motors Corporation (GM) at a new assembly plant in Highland Park, Mich.,(USA). ... Continue reading

Lear Corporation Recognizes Suppliers With Hall of Fame Award

Lear Corporation Recognizes Suppliers With Hall of Fame Award

Lear Corporation announced the selection of eight companies as recipients of the 2nd Annual Lear Corporation Supplier Hall of Fame Awards. ... Continue reading

LumiLeds Lighting Wins $3M Order for SnapLED Product

LumiLeds Lighting Wins $3M Order for SnapLED Product

LumiLeds Lighting, the world leader in power LED modules for lighting, announced that it has received a $3M order for its SnapLED product from a major manufacturer in the transportation industry. ... Continue reading

Motorvac Announces Preliminary Results for First Quarter Ended March 31, 2000

Motorvac Announces Preliminary Results for First Quarter Ended March 31, 2000

MotorVac Technologies Inc. announced that prior to a final review by management and outside auditors, the company expects to report net income of about $.05 to $.06 per share on revenue of approximately $3.7 million for the first quarter. ... Continue reading

NASCAR BGN: Atwood continues move up the points ladder heading to Talladega

NASCAR BGN: Atwood continues move up the points ladder heading to Talladega

NASCAR BGN: Atwood continues move up the points ladder heading to Talladega ... Continue reading

NASCAR BGN: Qualifying delayed till Friday for Touchstone 300 at Talladega

NASCAR BGN: Qualifying delayed till Friday for Touchstone 300 at Talladega

NASCAR BGN: Qualifying delayed till Friday for Touchstone 300 at Talladega ... Continue reading

NHRA: Bazemore hopes frantic fortnight will finish with Houston victory

NHRA: Bazemore hopes frantic fortnight will finish with Houston victory

NHRA: Bazemore hopes frantic fortnight will finish with Houston victory ... Continue reading

NHRA: Coughlin Brothers Ready To Get Back To Winning Ways

NHRA: Coughlin Brothers Ready To Get Back To Winning Ways

Coughlin Brothers Ready To Get Back To Winning Ways ... Continue reading

NHRA: Team JEG'S Knows Houston Raceway Park

NHRA: Team JEG'S Knows Houston Raceway Park

TRACKS: Pilinko, Britts carry streaks and bouties into the weekend action at St. AugustineTeam JEG'S Knows Houston Raceway Park ... Continue reading

NTSB Chairman Urges Latino Community to Increase Child Safety Seat Use

NTSB Chairman Urges Latino Community to Increase Child Safety Seat Use

National Transportation Safety Board Chairman Jim Hall called on the Latino community to do all it can to increase child safety seat awareness and use by Latinos in Los Angeles. ... Continue reading

parts.com Insiders Lock Up in Excess of 13 Million Shares

parts.com Insiders Lock Up in Excess of 13 Million Shares

parts.com, Inc., a leading real-time business-to-business e- commerce parts exchange, today announced that the company's insiders and affiliates have signed a one-year lock-up agreement effective immediately. ... Continue reading

Prolong Announces Fourth-Quarter and Year-End Results

Prolong Announces Fourth-Quarter and Year-End Results

Prolong International Corporation reported that in its fourth quarter ended December 31, 1999 it incurred a net loss of $4.5 million, or $0.16 per diluted share, on net sales of $3.0 million. ... Continue reading

Quality Manufacturing Wins $15 Million Fire Truck Contract From City of Atlanta

Quality Manufacturing Wins $15 Million Fire Truck Contract From City of Atlanta

Fire truck manufacturer Quality Manufacturing announced it has signed a contract worth approximately $15 million to supply fire trucks to the City of Atlanta, Ga. ... Continue reading

Sale of Moto Guzzi to Aprilia S.p.A.

Sale of Moto Guzzi to Aprilia S.p.A.

Moto Guzzi Corporation announced that an agreement was signed at Noale by Messrs Beggio and Bulgari for the acquisition by Aprilia S.p.A. of Moto Guzzi S.p.A. and the three commercial companies Moto Guzzi France S.a.r.l. ... Continue reading

SCCA ProRally: Oregon Trail Start Order, News and Notes

SCCA ProRally: Oregon Trail Start Order, News and Notes

SCCA ProRally PR - Oregon Trail Start Order, late news ... Continue reading

Spatial and Materialise Announce Internet Technology Agreement

Spatial and Materialise Announce Internet Technology Agreement

Spatial Inc. and Materialise announced an alliance to license Materialise's Magics software technology for verification, healing and viewing of stereolithography (STL) files on the Internet. ... Continue reading

Spatial and Materialise Announce Internet Technology Agreement

Spatial and Materialise Announce Internet Technology Agreement

Spatial Inc. and Materialise announced an alliance to license Materialise's Magics software technology for verification, healing and viewing of stereolithography (STL) files on the Internet. ... Continue reading

Special Feature: At age 72, Benny Rapp still strapping into the driver's seat

Special Feature: At age 72, Benny Rapp still strapping into the driver's seat

Special Feature: At age 72, Benny Rapp still strapping into the driver's seat ... Continue reading

Standard Motor Products Quarterly Dividend 9--Cent-- Per Share

Standard Motor Products Quarterly Dividend 9--Cent-- Per Share

The Board of Directors of Standard Motor Products, Inc. announced a regular quarterly dividend of nine cents per share on the common stock outstanding. ... Continue reading

TELEFLEX ACQUIRES GFI CONTROL SYSTEMS, INC.

TELEFLEX ACQUIRES GFI CONTROL SYSTEMS, INC.

Teleflex Inc. announced it had completed the acquisition of GFI Control Systems, Inc., a leading supplier of alternative fuel systems and components. Previously, Teleflex had invested $8.7 million for a 50% interest in GFI. ... Continue reading

TRACKS: Pilinko, Britts carry streaks and bouties into the weekend action at St. Augustine

TRACKS: Pilinko, Britts carry streaks and bouties into the weekend action at St. Augustine

TRACKS: Pilinko, Britts carry streaks and bouties into the weekend action at St. Augustine ... Continue reading

Turbodyne Reports 1999 Year-End Results

Turbodyne Reports 1999 Year-End Results

Turbodyne Technologies Inc. reported financial results for the fiscal year 1999, ended Dec. 31, 1999. ... Continue reading

UCB Chemicals Announces Price Increases

UCB Chemicals Announces Price Increases

UCB Chemical Corporation, the world's leading supplier of raw materials to the UV/EB curing market, announces a price increase of 6% on all their products. The effective date of this price increase is May 15, 2000. ... Continue reading

Ugly Duckling Announces Successful Completion of Exchange Offer

Ugly Duckling Announces Successful Completion of Exchange Offer

Ugly Duckling Corporation, the largest and fastest growing used car sales company focused exclusively on the sub-prime market, reported the completion of its previously announced exchange offer as of April 13, 5:00 p.m. New York City time. ... Continue reading

Ugly Duckling Announces Successful Completion of Exchange Offer

Ugly Duckling Announces Successful Completion of Exchange Offer

Ugly Duckling Corporation, the largest and fastest growing used car sales company focused exclusively on the sub-prime market, reported the completion of its previously announced exchange offer as of April 13, 5:00 p.m. New York City time. ... Continue reading

USAC: Carpenter leading charge for Oliver Trucking 'Rookie' honors

USAC: Carpenter leading charge for Oliver Trucking 'Rookie' honors

USAC: Carpenter leading charge for Oliver Trucking 'Rookie' honors ... 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 385,368 units, down from the 391,817 cars and trucks built last week, according to Ward's Automotive Reports. ... Continue reading

Werner Enterprises Reports Q1 2000 Operating Revenues and Earnings

Werner Enterprises Reports Q1 2000 Operating Revenues and Earnings

Werner Enterprises, Inc. reported operating revenues and earnings for the first quarter ended March 31, 2000. Operating revenues for first quarter increased 21% to a record $291.4 million compared to $241.0 million in the first quarter of1999. ... Continue reading

ZAPPY Earth Day, California

ZAPPY Earth Day, California

A recent San Francisco Chronicle comic strip probably sums it up best, the irony of gas-guzzling SUVs in an era of rising gas prices. ... Continue reading

Zentropy Helps Launch GMs' Newly Designed GM BuyPower Web Site

Zentropy Helps Launch GMs' Newly Designed GM BuyPower Web Site

Zentropy Partners announced its part in the launch of the GM BuyPower Web site (www.gmbuypower.com), a comprehensive online automotive buying service. ... Continue reading

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