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June 1999

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Tuesday, June 15, 1999

100 Top Auto Technician Students To Compete In Nation's Capital, AAA Says

100 Top Auto Technician Students To Compete In Nation's Capital, AAA Says

The top high school automotive technicians from each state will be competing in the national finals of the FORD/AAA STUDENT AUTO SKILLS competition in Washington, D.C., on June 21. ... Continue reading

AMA HOT SHOE NAT'L DIRT TRACK SERIES<BR> HEARTLAND PARK RACEWAY, TOPEKA

AMA HOT SHOE NAT'L DIRT TRACK SERIES<BR> HEARTLAND PARK RACEWAY, TOPEKA

AMA HOT SHOE NATIONAL DIRT TRACK CHAMPIONSHIP SERIES - ROUND 6 OF 13 HEARTLAND PARK RACEWAY, TOPEKA, KANSAS - JUNE 13, 1999 ... Continue reading

Auto Insurance Consumers Can Reap Benefits of Friendly Market

Auto Insurance Consumers Can Reap Benefits of Friendly Market

While auto insurance rates decreased nationwide for the first time in more than a decade last year, California has seen rates drop by as much as 15% over the past several years. ... Continue reading

Auto Loan Securitizations Still Going Strong, Says Fitch IBCA

Auto Loan Securitizations Still Going Strong, Says Fitch IBCA

Due to healthy investor appetite for short-term, highly rated liquid securities, attractive funding rates, and the rapid pace of vehicle sales, issuance of auto loan asset-backed securities accelerated throughout the first half of 1999. ... Continue reading

BMW Pre-Owned Models Recognized for Best Overall Value by IntelliChoice

BMW Pre-Owned Models Recognized for Best Overall Value by IntelliChoice

IntelliChoice's announcement of the 1996-1998 Pre-Owned Best Overall Value of the Year (BOVY) award recognized the BMW 5 Series as the luxury class winner. ... Continue reading

Bonded Motors Inc. Appoints Information Technology Manager

Bonded Motors Inc. Appoints Information Technology Manager

Aaron Landon, chairman of the board and chief executive officer of Bonded Motors Inc. announced that Daniel Tidwell has joined the company in the newly created position of manager of Information Technology. ... Continue reading

Bullhide's OEM to Generate Revenues of $1,500,000

Bullhide's OEM to Generate Revenues of $1,500,000

The Bullhide Liner Corporation announced that, further to its March 31, 1999 announcement, its Littleton, Colorado original equipment manufacturer, Mountain States Home Improvement, plans to expand its operations into the Dallas and Houston areas. ... Continue reading

CART: Photo Feature, Grand Prix of Long Beach

CART: Photo Feature, Grand Prix of Long Beach

CART: Photo Feature, Grand Prix of Long Beach ... Continue reading

CART, PPG, and Toyota Give Kids a Chance to See Their Artwork Come to Life

CART, PPG, and Toyota Give Kids a Chance to See Their Artwork Come to Life

CART, PPG, and Toyota Give Kids a Chance to See Their Artwork Come to Life ... Continue reading

Cummins Engine Co. Names Kelly Vice President - Worldwide Midrange Operations

Cummins Engine Co. Names Kelly Vice President - Worldwide Midrange Operations

Cummins Engine Co., Inc., a major worldwide producer of diesel engines, has named Jim D. Kelly Vice President - Worldwide Midrange Operations, replacing Frank J. McDonald, who recently was named Vice President - Quality. ... Continue reading

Delphi Automotive Systems Wins Volkswagen's Top Quality Award

Delphi Automotive Systems Wins Volkswagen's Top Quality Award

Delphi Automotive Systems recently won Volkswagen de Mexico, S.A. de C.V.'s top quality award, and was the only supplier to win it two consecutive years. ... Continue reading

Delphi Names Financial Integration Director

Delphi Names Financial Integration Director

Dana Fidler has been named Director, Financial Integration for Delphi Automotive Systems, effective June 1, 1999. The announcement was made by Paul Free, Delphi's chief accounting officer and controller. ... Continue reading

EBI Securities Initiates Coverage On Universal Automotive Industries, Inc

EBI Securities Initiates Coverage On Universal Automotive Industries, Inc

EBI Securities Corp. research analyst Jim Creamer issued a initiated coverage on Universal Automotive Industries with a BUY rating on the stock. ... Continue reading

Eyes On Design Celebrates Automotive, Fashion, Furniture Design

Eyes On Design Celebrates Automotive, Fashion, Furniture Design

Eyes on Design, the world's only automotive exhibition to focus on the emotion, character and execution of design will add fashion and furniture to this year's exhibition being held Father's Day, June 20. ... Continue reading

Fidelity Holdings Chairman Reaffirms Positive Direction

Fidelity Holdings Chairman Reaffirms Positive Direction

Bruce Bendell, Chairman and CEO of Fidelity Holdings, Inc. announced: "I am pleased with our Company's recent performance. ... Continue reading

FirstBank And Western Auto Announce Strategic Alliance

FirstBank And Western Auto Announce Strategic Alliance

FirstBank and Western Auto Puerto Rico, Inc. announced that FirstBank and Western Auto have formed a strategic alliance to service Western Auto's over 100,000 private label credit card customers. ... Continue reading

Ford and the United Auto Workers Open National Labor Contract Talks

Ford and the United Auto Workers Open National Labor Contract Talks

Ford Motor Company and the United Auto Workers union opened negotiations today on a new national labor contract covering approximately 101,000 U.S. hourly workers. ... Continue reading

Ford Credit Restructuring North American Operations

Ford Credit Restructuring North American Operations

Building on 40 years of success as the world's leading automotive finance company, Ford Credit announced it will restructure its North American financing operations. ... Continue reading

Formula One: Stewart Ford Notes, Canadian Grand Prix

Formula One: Stewart Ford Notes, Canadian Grand Prix

Formula One: Stewart Ford Notes, Canadian Grand Prix ... Continue reading

Glas-Aire Announces Earnings for the Quarter Ended April 30, 1999

Glas-Aire Announces Earnings for the Quarter Ended April 30, 1999

Glas-Aire Industries Group Ltd. announced a record 69.1% increase revenues and a record 388% increase in per share earnings for the quarter ended April 30, 1999. ... Continue reading

GM to use Applied Dynamics' SIMsystem For Next Generation Systems

GM to use Applied Dynamics' SIMsystem For Next Generation Systems

Applied Dynamics International, Inc. (ADI) announced General Motors has selected ADI's SIMsystem platform for GM's Next Generation Hardware-in-the-Loop (HIL) simulators. ... Continue reading

International Report on Environmental Advantages of Automotive Aluminum

International Report on Environmental Advantages of Automotive Aluminum

The Aluminum Association released a detailed report which documents the positive contributions that automotive aluminum has on the environment, in terms of carbon dioxide (CO2) emissions. ... Continue reading

Kenwick Industries Inc. Announces the Engagement of an NASD Investment Banking Firm

Kenwick Industries Inc. Announces the Engagement of an NASD Investment Banking Firm

Kenwick Industries Inc. announced that it has retained the services of Venture Partners Capital LLC, a Boston based investment bank. Venture Partners provides a wide range of financial services to both private and publicly tradedcompanies. ... Continue reading

Mississippi GARVEE Issue Gets Fitch IBCA's Highest Rating

Mississippi GARVEE Issue Gets Fitch IBCA's Highest Rating

Fitch IBCA assigns its `AAA' rating to the State of Mississippi's revenue refunding bonds (Four-Lane Highway Program Issue), series 1999. ... Continue reading

MSX International, to Present its Vehicle Product Development Capabilities

MSX International, to Present its Vehicle Product Development Capabilities

MSX International, Inc. will present its vehicle product development capabilities at China's Automotive Parts Industry conference in Shanghai, June 17-18, 1999. ... Continue reading

NASCAR: DEI, RAD Begin Work on 2000 Monte Carlo

NASCAR: DEI, RAD Begin Work on 2000 Monte Carlo

NASCAR: DEI, RAD Begin Work on 2000 Monte Carlo ... Continue reading

NASCAR WCUP: Jarrett Leaves Wallace and Others 'In the Dust'

NASCAR WCUP: Jarrett Leaves Wallace and Others 'In the Dust'

NASCAR WCUP: Jarrett Leaves Wallace and Others 'In the Dust' ... Continue reading

Phelps Engineered Plastics Acquires Alpha Machines Technologies, Ltd.

Phelps Engineered Plastics Acquires Alpha Machines Technologies, Ltd.

Phelps Engineered Plastics announced the acquisition of the assets of Alpha Machine Technologies Ltd. (AMT). ... Continue reading

Sales Of SunPass(TM) Transponders Reach Milestone

Sales Of SunPass(TM) Transponders Reach Milestone

The Florida Department of Transportation announces sales of transponders for the new SunPass(TM) Electronic Toll Collection System have exceeded 30,000 to date. ... Continue reading

Sanyo Automotive Parts & ABS Brakes File for Bankruptcy Protection

Sanyo Automotive Parts & ABS Brakes File for Bankruptcy Protection

Sanyo Automotive Parts & ABS Brakes File for Bankruptcy Protection ... Continue reading

S&P: Auto Insurance Proves to Be a Stable Sector

S&P: Auto Insurance Proves to Be a Stable Sector

Competition is heating up in the auto insurance sector, with established players aiming for higher growth rates and new market entrants attempting to carve out their own niches, says a Standard & Poor's report on the auto insurance sector. ... Continue reading

S&P Rates Continental Auto Receivables Grantor Trust

S&P Rates Continental Auto Receivables Grantor Trust

Standard & Poor's assigned its triple-'A' rating to Continental Auto Receivables Grantor Trust's 1999-1 $60 million class A-1 6.595% certificates and $36.5 million class A-2 6.495% certificates. ... Continue reading

Standard & Poor's: Auto Insurance Proves to be a Stable Sector

Standard & Poor's: Auto Insurance Proves to be a Stable Sector

Competition is heating up in the auto insurance sector, with established players aiming for higher growth rates and new market entrants attempting to carve out their own niches. ... Continue reading

Toyota Reports All-Time Best-Ever Certified Used Vehicle Sales

Toyota Reports All-Time Best-Ever Certified Used Vehicle Sales

Toyota Motor Sales (TMS), U.S.A., Inc., reported the best-ever month in Toyota Certified Used Vehicle sales history for the fourth-consecutive month. ... Continue reading

TRW Completes, Delivers Record-Setting Solid-State Laser

TRW Completes, Delivers Record-Setting Solid-State Laser

TRW has delivered and installed at the U.S. Naval Research Laboratory Chesapeake Bay Detachment a record-setting, solid- state laser brassboard that demonstrates several technologies required for next-generation electronic warfare systems. ... Continue reading

USAC: Anderson, 16th Street & Salem Host Midget Cars

USAC: Anderson, 16th Street & Salem Host Midget Cars

USAC: Anderson, 16th Street & Salem Host Midget Cars ... Continue reading

USAC: Hines Sweeps Winchester, IRP Sprint Races

USAC: Hines Sweeps Winchester, IRP Sprint Races

USAC: Hines Sweeps Winchester, IRP Sprint Races ... Continue reading

USAC: Williams, Coons Take Tucson Raceway Features

USAC: Williams, Coons Take Tucson Raceway Features

USAC: Williams, Coons Take Tucson Raceway Features ... Continue reading

USAR: Gosselin wins; takes USAR lead

USAR: Gosselin wins; takes USAR lead

USAR: Gosselin wins; takes USAR lead ... Continue reading

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