20th Anniversary of Formula One World Championship Celebrated
To commemorate the 20th anniversary of the historic achievement, racing enthusiasts, fellow drivers and friends will assemble to salute Mario Andretti at the "Night of the Bulls" dinner. The Mario Andretti tribute is the start of Automobili Lamborghini's 35th anniversary celebration in the U.S. ... Continue reading
AAA Michigan Road Improvement Project Launched in Grand Rapids
An AAA Michigan/City of Grand Rapids joint project designed to improve urban roadway safety was unveiled July 15 on the northwest corner lot at the intersection of Franklin and Division roads. ... Continue reading
AimRite Holdings Prepares to Unveil Its Production Coast Unit
AimRite Holdings Corp. announced that the final production COAST hydraulic suspension control unit will be unveiled next week in a color photograph to be distributed in a press release, both nationally and internationally. ... Continue reading
Alfa Leisure Inc. Reports Fiscal 1998 Earnings
The company's net sales for the 1998 fiscal year were $36,025,591 as compared with net sales of $28,590,285 for the 1997 fiscal year. ... Continue reading
APCO EasyCare Vehicle Service Contract Program Installed
Automobile Protection Corporation announced that the EasyCare(R) vehicle service contract program has been installed at Hatfield Automotive Group in Columbus, Ohio. ... Continue reading
Burbank Unveils Advanced Fleet of Four Electric Shuttle Buses
Four state-of-the-art electric shuttle buses will be "quietly" unveiled for service on Thursday, July 16. This advanced- transportation project places new, 26-foot electric buses into shuttle service as a "clean link" between Metrolink trains and Burbank's booming Media District. ... Continue reading
CART: Miller Brewing Company, Racing Greats to Honor Rahal at August Tribute
CART: Miller Brewing Company, Racing Greats to Honor Rahal at August Tribute ... Continue reading
Citibank Driver's Edge Card Program Introduces New Options
Citibank announced that it has enhanced its Citibank Driver's Edge card program with new "Driver's Edge Options" rebates, allowing cardmembers even greater flexibility when earning and redeeming rebates toward the purchase or lease of a new car. ... Continue reading
Dana Expands Engine Components Group
Dana Corporation announced that it has expanded its Engine Components Group to capitalize on the strengths and synergies of its July 9, 1998, acquisition of Echlin Inc. ... Continue reading
DCR Lowers General Motors Commercial Paper To 'D-1'
Duff & Phelps Credit Rating Co. has lowered the short-term debt rating of GM Corp $1 billion commercial paper program from 'D-1+' to 'D-1' due to the financial impact of the labor strikes that have shutdown most of its NA automotive operations. ... Continue reading
Donnelly Reports a Negative Development at Subsidiary
Donnelly Corporation announced that the company's fourth-quarter and year-end earnings will be negatively affected by the loss of anticipated orders for injection-molded lenses at Donnelly Optics Corporation, a wholly owned subsidiary. ... Continue reading
Ford Credit Reports Second-Quarter 1998 Earnings
Ford Motor Credit Company earned $300 million in the second quarter this year, Chairman and CEO Ken Whipple announced. Earnings were up $21 million or 7 percent from 1997 second- quarter net income of $279 million. ... Continue reading
Ford's Automotive Margin Improves
Ford Motor Company earned $2.4 billion in the second quarter of 1998, or $1.91 per diluted share of common and Class B stock. Earnings were up seven percent on a comparable basis with the year earlier period. ... Continue reading
GenCorp Vehicle Sealing President Resigns
GenCorp announced that Wayne A. Smith, formerly President of GenCorp's Vehicle Sealing Business Unit, has resigned to pursue other interests effective immediately. ... Continue reading
Goodyear: Cooler Treads Prevail During the Heat Wave
The heat gripping most of the United States this summer might put most motorists on edge, but new advances from America's largest tire company could leave them with nerves of steel. ... Continue reading
Harvard Industries, Inc. Files Plan And Disclosure Statement
Harvard Industries, Inc. filed its Chapter 11 plan and Disclosure Statement with the United States Bankruptcy Court for the District of Delaware. ... Continue reading
IRL: Buddy Lazier Could Become IRL's First 3 Million Dollar Man
IRL: Buddy Lazier Could Become IRL's First 3 Million Dollar Man ... Continue reading
IRL: Stan Wattles/Metro Racing Systems Update
IRL: Metro Racing Systems Update ... Continue reading
Johnson Controls Has Record Third Quarter
Johnson Controls, Inc. reported record sales and earnings for its third fiscal quarter ended 6/30/98. The company stated that both its automotive and controls businesses achieved record sales and operating income compared with the prior year amounts. ... Continue reading
JTRACS Pro Vehicle Data Gateway Introduced to Trucking Industry
QUALCOMM Incorporated announced the availability of its JTRACS Pro(R) Vehicle Data Gateway(R) product which uses the OmniTRACS(R) system to provide on-board vehicle diagnostics and fault monitoring. ... Continue reading
Lear Corporation Added to S&P MidCap 400 Index
Standard & Poor's Financial Information Services has announced the addition of Lear Corporation to its MidCap 400 index effective with the close of trading on Wednesday, July 15, 1998. ... Continue reading
Lincoln Mercury Opens New World Headquarters
America's premier luxury automotive company became a California-based firm today as Lincoln Mercury opened its new world headquarters here. ... Continue reading
Michigan Jobs Commission Reports Jobless Rate Edges Down in June
Michigan's labor force situation was largely unchanged in June, edging down slightly, according to estimates released by the Michigan Jobs Commission. The seasonally adjusted state jobless rate fell by one-tenth of a point to 3.6 percent. ... Continue reading
Miller Industries, Inc. Q4 Earnings Reported
Miller Industries, Inc. announced it achieved record sales for the fourth quarter and fiscal year ended April 30, 1998. ... Continue reading
Motorola Alliance With TTTech Strengthens Auto Tech Portfolio
Motorola, supplier of silicon chips to the automotive industry, is forming a technology alliance with TTTech of Austria which will speed the development of advanced automotive electronics applications in areas such as braking and steering. ... Continue reading
NASCAR-BGN: Allen Looking Forward to California
NASCAR-BGN: Allen Looking Forward to California ... Continue reading
NASCAR: Sweet Repeat at Brickyard Would Extend Rudd's Streak
NASCAR: Sweet Repeat at Brickyard Would Extend Rudd's Streak ... Continue reading
New Beetle Brims with Polymers and Raw Materials
The new Beetle is equipped with the latest automotive tech, including dual airbags, front-wheel drive, four-wheel disc brakes and 14 applications of engineering plastics, polyurethane foams and polyurethane raw materials supplied by Bayer Corp. ... Continue reading
New North American Transportation Atlas Data Released on CD-ROM
U.S. Secretary of Transportation Rodney E. Slater announced the the department's first atlas covering transportation facilities in all three North American countries. ... Continue reading
NHRA: Bazemore Ready to Put an End to Frustrating Season
NHRA: Bazemore Ready to Put an End to Frustrating Season ... Continue reading
NHRA: Dunn Ready to Do it Again at Mile High Nationals
The NHRA travels to Colorado this weekend for the 20th annual Mopar Parts Mile High Nationals. Team Mopar Top Fuel Drag racer Mike Dunn enters the weekend 5th in the NHRA points race. Audio Interview with Mike Dunn. ... Continue reading
NHRA: Jamie Yates to Make Driving Debut
NHRA: Jamie Yates to Make Driving Debut ... Continue reading
NHRA: McClenathan Ready to End Mid-Season Slump
NHRA: McClenathan Ready to End Mid-Season Slump ... Continue reading
NHRA: Smith Continues to be Pro Stock Motorcycle's Ironman
NHRA: Smith Continues to be Pro Stock Motorcycle's Ironman ... Continue reading
NHRA: Yates Still in Pro Stock Title Hunt Despite Early Season Stumbles
NHRA: Yates Still in Pro Stock Title Hunt Despite Early Season Stumbles ... Continue reading
Nissan's Tennessee Plant Named Most Productive
For the fifth year in a row, the Nissan plant in Smyrna, Tenn., is the most productive automotive assembly facility in North America. ... Continue reading
PARTS: Barret Continues to Dominate Pro Truck Competition
PARTS: Barret Continues to Dominate Pro Truck Competition ... Continue reading
Petersen Companies Names James Graham
James D. Dunning, Jr., Chairman and CEO of The Petersen Co's, Inc., announced the appointment of James D. Graham as Senior Vice-President, Automotive. Graham will be responsible for all advertising and marketing asset sales for the AutomotiveNetwork. ... Continue reading
Rush Enterprises Signs Definitive Agreement
Rush Enterprises Inc., operator of Peterbilt heavy-duty truck dealerships and a John Deere construction equipment dealership in Houston, announced that it has signed a definitve agreement to purchase the assets of Klooster Equipment Inc. ... Continue reading
Satisfaction With Vehicle Service Crucial for Customer Retention
The J.D. Power and Associates 1998 Customer Satisfaction Index Study reveals that individuals who report a very satisfying dealership service experience are 3x as willing to purchase another vehicle from the same manufacturer as those who had a marginal service experience. ... Continue reading
Sinclair Promoted to Vice President
Pep Boys, announced that Allen D. Sinclair has been promoted to Vice President-Southern Store Operations, filling the vacancy created by the recent promotion of Steven Shaneyfelt to the newly created position of Vice President-Sales. ... Continue reading
Six Sigma International Corrects and Replaces Previous Merger Announcement
Six Sigma International and Marshall-Qualtec Inc., two of the leading corporate training and implementation firms focused on business processes, have merged to form Six Sigma Qualtec. ... Continue reading
Standard & Poor's Affirms Ratings on General Motors
Standard & Poor's today affirmed its ratings on General Motors Corp. General Motors Acceptance Corp., and various related entities (see list below). ... Continue reading
Standard Products to Acquire OEM/Miller Corporation
The Standard Products Co. announced that its wholly owned subsidiary, Holm Industries, Inc., has reached a definitive agreement to purchase the assets of OEM/Miller Corporation. ... Continue reading
Statement by UAW Vice President Regarding GM's Court Filing
The following is a statement by UAW Vice President Richard Shoemaker regarding GM's court filing: ... Continue reading
Toyota to Unveil its New Pickup Truck at Indiana State Fair
Toyota Motor Sales (TMS), U.S.A., Inc., announced today that the world premiere of its all-new full-size pickup will take place at the Indiana State Fair in Indianapolis on "Toyota Day," Friday, August 14. ... Continue reading
Visteon Automotive Systems is reporting net income for the second quarter of 1998 of $241 million, up 15% from $210 million in the Q2 of 1997. Q2 1998 revenue was $4.7 billion with after- tax return on sales for the quarter at 5.1 percent, up 7/10. ... Continue reading
VOLVO C70 CONVERTIBLE(1998) ... Continue reading
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