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August 1998

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Friday, August 14, 1998

20th Century Industries Issues Statement of Clarification

20th Century Industries Issues Statement of Clarification

29th Century Industries, the Woodland Hills-based insurance holding company, released the following information to clarify a statement attributed to a Company spokesman concerning the voting rights of certain members of the Company's board of directors. ... Continue reading

AAMA's 1998 Edition of Facts & Figures Documents Industry Milestones

AAMA's 1998 Edition of Facts & Figures Documents Industry Milestones

In 1997, total vehicles in use in the United States passed the 200 million milestone, sales of trucks topped the seven million mark and production of trucks exceeded car production for the first time since the end of World War II. ... Continue reading

AMP Inc. & Peripheral Connections Inc. Announce a Strategic Alliance

AMP Inc. & Peripheral Connections Inc. Announce a Strategic Alliance

AMP and Peripheral Connections signed an agreement to effect a strategic alliance between Skynet 2001 Ltd. and AMP involving the Skynet 2001 satellite navigation system used for in-car communications. ... Continue reading

Appeals Court Upholds Jury Verdict Against Polaris

Appeals Court Upholds Jury Verdict Against Polaris

Polaris Industries Inc. announced that the U.S. Court of Appeals for the Federal Circuit late Thursday upheld a Colorado District Court jury verdict on a trade secret misappropriation claim brought by Injection Research Specialties Inc. against Polaris. ... Continue reading

AUTO QUESTIONS AND ANSWERS FOR WEEK 33

AUTO QUESTIONS AND ANSWERS FOR WEEK 33

AUTO QUESTIONS AND ANSWERS FOR WEEK 33 ... Continue reading

Ballard Secures Fuel Cell Test Equipment Contract with GM

Ballard Secures Fuel Cell Test Equipment Contract with GM

Ballard Power Systems announced today that it had secured a $1.0 million contract from Genera l Motors Corporation, to supply fuel cell test equipment and related services. ... Continue reading

CART: Driver Standings Through August 13

CART: Driver Standings Through August 13

CART: Driver Standings Through August 13 ... Continue reading

Chrysler Sets Standard For 21st Century Transmission Production

Chrysler Sets Standard For 21st Century Transmission Production

Chrysler Corporation's Kokomo, Indiana Transmission Plant is best described as a facility where experienced workers operate state-of-the-art equipment and processes in an environment designed for maximum productivity. ... Continue reading

Chrysler's Mack Avenue Engine Plant: New Name, New Look, New Engine

Chrysler's Mack Avenue Engine Plant: New Name, New Look, New Engine

In preparing for production of Chrysler's 4.7-liter V-8 engine for the 1999 Jeep Grand Cherokee, Chrysler Corporation's Mack Avenue Engine facility has undergone a three-year, $930 million metamorphosis. ... Continue reading

Corvette Conquers Cancer Tour Comes To Anaheim

Corvette Conquers Cancer Tour Comes To Anaheim

Fueled with a story and hope for a cure, 3-time cancer survivor, Sandy Labaree, has hit the road, bringing the Corvettes Conquer Cancer Tour (CCCT) to cities everywhere. ... Continue reading

Dana Opens New Automotive Composite Sealing Center

Dana Opens New Automotive Composite Sealing Center

The Plumley Division of Dana Corporation has opened a new Composite Sealing Center in Paris, Tenn. ... Continue reading

Emerging Company Report: Online Auto Sales

Emerging Company Report: Online Auto Sales

Emerging Company Report, the nationally syndicated television program which profiles emerging-growth companies features an interview this week with Bruce Bendell of Fidelity Holdings, Inc. and Ralph Gagliardi of Funimals Pet Enterprises, Inc. ... Continue reading

F.F. Sommer, Citation President and COO, Named Chief Executive Officer by Board

F.F. Sommer, Citation President and COO, Named Chief Executive Officer by Board

F.F. Sommer, Citation President and COO, was named Chief Executive Officer, at a regular meeting of the Board of Directors August 13. ... Continue reading

Fisher-Price Recalls Safe Embrace Convertible Child Safety Seats

Fisher-Price Recalls Safe Embrace Convertible Child Safety Seats

The National Highway Traffic Safety Administration announced a safety recall involving about 55,000 Fisher-Price `Safe Embrace' convertible child safety seats because of a possible malfunction in the shoulder harness locking mechanism. ... Continue reading

Formula One: Driver Standings Through August 13

Formula One: Driver Standings Through August 13

Formula One: Driver Standings Through August 13 ... Continue reading

GNB Technologies Broadens Champion(R) Line

GNB Technologies Broadens Champion(R) Line

Atlanta-based GNB Technologies will begin supplying seven new Champion(R) branded automotive battery SKUs to Advance Auto Parts stores nationwide this summer. ... Continue reading

Golden Cycle Extends Global Motorsport Offer

Golden Cycle Extends Global Motorsport Offer

Golden Cycle, LLC announced that it extended the expiration date of its offer to purchase all outstanding shares of common stock of Global Motorsport Group Inc. to 12:00 midnight, New York City time, on Wednesday, September 30, 1998 ... Continue reading

Hayes Lemmerz International Acquires Indian Wheel Maker

Hayes Lemmerz International Acquires Indian Wheel Maker

Hayes Lemmerz International, Inc., the world's leading supplier of wheels and brake components to the transportation industry, today announced that it has acquired an additional 60% of the equity of Hayes' joint venture in India, Kalyani Lemmerz Ltd. ... Continue reading

Insilco Shareholders Approve Merger Plan

Insilco Shareholders Approve Merger Plan

Insilco Corporation announced that a majority of Insilco shareholders had approved the proposed merger plan and related transactions in connection with the merger between Insilco and an affiliate of DLJ Merchant Banking Partners II ... Continue reading

JPE Inc. Reports Net Loss for Q2

JPE Inc. Reports Net Loss for Q2

Aug. 14, 1998--JPE Inc. reported operating results for the second quarter and six months ended June 30, 1998. ... Continue reading

Lucor Reports Second Quarter Results

Lucor Reports Second Quarter Results

Lucor, Inc., the largest Jiffy Lube franchisee in the United States, today announced second quarter 1998 net income of $224,368, or $0.07 per share, on net sales of $15.0 million. ... Continue reading

Motorcycle Centers of America Halts Buyout of Hai Nan Jia-Thai Motorcycle

Motorcycle Centers of America Halts Buyout of Hai Nan Jia-Thai Motorcycle

Motorcycle Centers of America, Inc. announced today that the Company's Board of Directors has terminated its plan to acquire 55% of the Hai Nan Jia-Thai Motorcycle Co., Ltd., located in the People's Republic of China ... Continue reading

NASCAR BGN: Laton in Critical Condition after Michigan Crash

NASCAR BGN: Laton in Critical Condition after Michigan Crash

NASCAR BGN: Laton in Critical Condition after Michigan Crash ... Continue reading

NASCAR: Can Shepherd Win the Pole at Michigan?

NASCAR: Can Shepherd Win the Pole at Michigan?

NASCAR: Can Shepherd Win the Pole at Michigan? ... Continue reading

NASCAR: Crew Chief Club at the Pepsi 400 presented by DeVilbiss

NASCAR: Crew Chief Club at the Pepsi 400 presented by DeVilbiss

NASCAR: Crew Chief Club at the Pepsi 400 presented by DeVilbiss ... Continue reading

NASCAR Trucks: Driver Standings Through August 13

NASCAR Trucks: Driver Standings Through August 13

NASCAR Trucks: Driver Standings Through August 13 ... Continue reading

NASCAR Trucks: Nashville has Great Fans Says Lance Norick

NASCAR Trucks: Nashville has Great Fans Says Lance Norick

NASCAR Trucks: Nashville has Great Fans Says Lance Norick ... Continue reading

NASCAR Trucks: Return to Nashville Speedway USA Music to Butch Miller's Ears

NASCAR Trucks: Return to Nashville Speedway USA Music to Butch Miller's Ears

NASCAR Trucks: Return to Nashville Speedway USA Music to Butch Miller's Ears ... Continue reading

NASCAR WCUP: Driver Standings Through August 13

NASCAR WCUP: Driver Standings Through August 13

NASCAR WCUP: Driver Standings Through August 13 ... Continue reading

NASCAR WCUP: Kimmel to Sub for Injured Jimmy Spencer at Michigan

NASCAR WCUP: Kimmel to Sub for Injured Jimmy Spencer at Michigan

NASCAR WCUP: Kimmel to Sub for Injured Jimmy Spencer at Michigan ... Continue reading

National Auto Finance Co. Posts Q2 Results

National Auto Finance Co. Posts Q2 Results

National Auto Finance Company, Inc. reported a loss of $4.3 million, or $0.48 per share, for the second quarter ended June 30, 1998, compared with restated net income of approximately $0.2 million, or $0.02 per share, for the year-earlier period. ... Continue reading

NHRA: Amato Hopes to Continue Momentum at Visionaire Nationals

NHRA: Amato Hopes to Continue Momentum at Visionaire Nationals

NHRA: Amato Hopes to Continue Momentum at Visionaire Nationals ... Continue reading

NHRA: Capps Full of Confidence Heading to Visionaire Nationals

NHRA: Capps Full of Confidence Heading to Visionaire Nationals

NHRA: Capps Full of Confidence Heading to Visionaire Nationals ... Continue reading

NHRA: Despite Miscues, Yates Still in Pro Stock Title Pursuit

NHRA: Despite Miscues, Yates Still in Pro Stock Title Pursuit

NHRA: Despite Miscues, Yates Still in Pro Stock Title Pursuit ... Continue reading

NHRA: Driver Standings Through August 13

NHRA: Driver Standings Through August 13

NHRA: Driver Standings Through August 13 ... Continue reading

NHRA: Seeling's Primary Focus Remains Winston Championship

NHRA: Seeling's Primary Focus Remains Winston Championship

NHRA: Seeling's Primary Focus Remains Winston Championship ... Continue reading

NHRA: Winston Showdown to Feature Unique Format at Bristol Dragway

NHRA: Winston Showdown to Feature Unique Format at Bristol Dragway

NHRA: Winston Showdown to Feature Unique Format at Bristol Dragway ... Continue reading

Nissan Recalls Sentras for Wiper Failure

Nissan Recalls Sentras for Wiper Failure

Nissan Motor Corporation U.S.A., announced a voluntary safety recall campaign on all 1995, 1996, 1997 and a limited number of 1998 Sentra and 200SX vehicles. The recall campaign, designed to prevent windshield wiper failure, affects approximately 524,000 vehicles. ... Continue reading

Pep Boys IRL: Driver Standings Through August 13

Pep Boys IRL: Driver Standings Through August 13

Pep Boys IRL: Driver Standings Through August 13 ... Continue reading

Republic Industries Acquires More Auto Dealerships

Republic Industries Acquires More Auto Dealerships

Republic Industries, Inc. announced that it has signed definitive agreements to acquire six franchised automotive dealership groups in a series of separate transactions that will contribute approximately $650 million of annualized revenue to Republic's operations. ... Continue reading

Road Atlanta Launches the Panoz Performance Center

Road Atlanta Launches the Panoz Performance Center

Road Atlanta Launches the Panoz Performance Center ... Continue reading

RVM Industries Announces Q1 Results for Fiscal 1999

RVM Industries Announces Q1 Results for Fiscal 1999

RVM Industries, Inc., announced higher revenues and net income for its fiscal 1999 first quarter, which ended June 30, 1998. ... Continue reading

Speedway Motorsports Unveils Plans for Bristol Dragway

Speedway Motorsports Unveils Plans for Bristol Dragway

O. Bruton Smith, chairman of Speedway Motorsports, owner of Bristol Dragway, unveiled plans for an all new Bristol Dragway that will boast 35,000 permanent seats, more than any drag racing venue in the world. ... Continue reading

Top Source Reports Q3 Results

Top Source Reports Q3 Results

Top Source Technologies posted a net loss of $1,041,172 or ($.04) per share on revenue of $2,665,138 for the third fiscal quarter, 1998, compared to net income of $10,803 or $.00 per share on revenue of $5,767,620 for the same quarter in 1997. ... Continue reading

Toyota Debuts All-New Tundra Full-Size Pickup

Toyota Debuts All-New Tundra Full-Size Pickup

Today, in its home state of Indiana, the all-new Toyota Tundra full-size pickup truck made its world debut. ... Continue reading

TQ Midgets: Big Brothers, Big Sisters Night at Bloomington Speedway

TQ Midgets: Big Brothers, Big Sisters Night at Bloomington Speedway

TQ Midgets: Big Brothers, Big Sisters Night at Bloomington Speedway ... Continue reading

Turbodyne Reports Q2 1998 Results

Turbodyne Reports Q2 1998 Results

Turbodyne Technologies Inc. today announced financial results for its second quarter ended June 30, 1998. ... Continue reading

Unique Mobility, Inc. Announces New Orders

Unique Mobility, Inc. Announces New Orders

Unique Mobility, Inc. announced that its Franklin Manufacturing subsidiary has received new orders totaling $3.1 million in annual revenue. ... Continue reading

Unique Mobility, Inc. Reports Q1 Results

Unique Mobility, Inc. Reports Q1 Results

Unique Mobility, Inc. today reported its financial results for the first quarter ended June 30, 1998. ... Continue reading

UPDATE: GERMAN CAR WARS '98

UPDATE: GERMAN CAR WARS '98

UPDATE: GERMAN CAR WARS '98 ... Continue reading

USAC National Midget Results from IRP

USAC National Midget Results from IRP

USAC National Midget Results from IRP, August 12 ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

Vehicle production in the U.S., Canada and Mexico is expected to hit an estimated 330,531 units this week, an increase of 11.5 percent from the 296,476 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

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