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October 1998

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Friday, October 16, 1998

AAA and Mediatrope Win Compass Award

AAA and Mediatrope Win Compass Award

AAA and Mediatrope take top honors in the 1998 Compass Awards sponsored by the Public Relations Society of America for the creation of an engaging children's web site on traffic safety. ... Continue reading

Arvin Boosts Quarterly Dividend 5%

Arvin Boosts Quarterly Dividend 5%

The Board of Directors of Arvin Industries, Inc. declared a quarterly cash dividend in the amount of 21 cents per Common Share, payable December 31, 1998, to shareholders of record as of the close of business on Dec 4, 1998. ... Continue reading

AUTO QUESTIONS AND ANSWERS FOR WEEK 42

AUTO QUESTIONS AND ANSWERS FOR WEEK 42

AUTO QUESTIONS AND ANSWERS FOR WEEK 42 ... Continue reading

Borg-Warner Automotive Declares Quarterly Dividend

Borg-Warner Automotive Declares Quarterly Dividend

The board of directors of Borg-Warner Automotive, Inc. declared a quarterly dividend of $0.15 per share on all of the company's issued and outstanding common stock. The dividend is payable November 16, 1998, to shareholders of record on November 2,1998. ... Continue reading

Bundy Wins Multiple Ford F-Series Contracts

Bundy Wins Multiple Ford F-Series Contracts

Bundy Group has been awarded contracts for small diameter fluid line systems business on three of Ford's next generation truck line models. ... Continue reading

Carport Customers to Reap Benefits of New Inventory System

Carport Customers to Reap Benefits of New Inventory System

Supply Chain Solutions Inc., a developer of supply chain software, announced that Carport Inc., an auto aftermarket wholesale/distributor recently completed the installation of a new state-of-the-art distribution replenishment system. ... Continue reading

CART: Driver Standings Through October 15th

CART: Driver Standings Through October 15th

CART: Driver Standings Through October 15th ... Continue reading

CART: Goodyear Tire Notes for the IndyCarnival Australia

CART: Goodyear Tire Notes for the IndyCarnival Australia

CART: Goodyear Tire Notes for the IndyCarnival Australia ... Continue reading

Chrysler Reports Assembly Plants Schedule for Week of Oct 19, 1998

Chrysler Reports Assembly Plants Schedule for Week of Oct 19, 1998

Chrysler Corporation reports all nine U.S. assembly plants and all three Canadian assembly plants will operate the week of October 19, 1998. ... Continue reading

Citation Corporation Reports Preliminary Fiscal 1998 Q4 Loss

Citation Corporation Reports Preliminary Fiscal 1998 Q4 Loss

Citation Corporation said it expects to report a loss for its fiscal fourth quarter of 1998 of $0.50 to $0.60 per share, which includes a charge to write down assets of its Oberdorfer Industries division in Syracuse, NY of between $0.30 and $0.40. ... Continue reading

Computer Systems Management, Inc. Opens an Office in Detroit

Computer Systems Management, Inc. Opens an Office in Detroit

Computer Systems Management, Inc. of Alexandria, Virginia, recently opened an office in Detroit, Michigan. This launches an expansion of CSMI's transportation technology capabilities to include automotive systems engineering. ... Continue reading

Donnelly Corporation Announces Dividend

Donnelly Corporation Announces Dividend

Donnelly Corporation announced that its Board of Directors declared a quarterly dividend of 10 cents per share on its Class A Common Stock. The dividend will be paid on Jan 1, 1999 to shareholders of record at the close of business on 12/15/98. ... Continue reading

Environmental Systems Products Holdings Inc. Announces Expiration

Environmental Systems Products Holdings Inc. Announces Expiration

Environmental Systems Products Holdings Inc. announced that, as Oct. 15, 1998, the tender offer relating to the outstanding 9- 1/8% Senior Notes due 2001 and the outstanding 9-5/8% Senior Subordinated Notes due 2003 of Envirotest Systems had expired. ... Continue reading

Exide Corporation Announces Management Changes

Exide Corporation Announces Management Changes

The Board of Directors of Exide Corporation announced that Arthur M. Hawkins, Chairman and Chief Executive Officer, has resigned his positions. Mr. Hawkins will serve the Board of Exide as Chairman Emeritus. ... Continue reading

Formula One: Driver Standings Through October 15th

Formula One: Driver Standings Through October 15th

Formula One: Driver Standings Through October 15th ... Continue reading

Harvard Industries' Reorganization Plan Confirmed

Harvard Industries' Reorganization Plan Confirmed

Harvard Industries, Inc. announced the confirmation of its first amended Plan of Reorganization dated August 19, 1998, by the Honorable Sue L. Robinson in the United States Bankruptcy Court for the District of Delaware. ... Continue reading

HOW-TO: OTHER WINTERIZING STUFF

HOW-TO: OTHER WINTERIZING STUFF

HOW-TO: OTHER WINTERIZING STUFF ... Continue reading

IMPCO Technologies Elects Chairman and New Board Member

IMPCO Technologies Elects Chairman and New Board Member

IMPCO Technologies Inc. announced the election of Robert M. Stemmler, president and chief executive officer, to the additional position of chairman of the board. ... Continue reading

Insilco Seeks Consent and Waiver from Noteholders

Insilco Seeks Consent and Waiver from Noteholders

Insilco Corporation said that it has launched a Consent Solicitation to the holders of its 10.25% Senior Subordinated Notes, due in 2007, requesting the waiver of certain rights contained in the Note indenture dated August 12, 1997. ... Continue reading

International Rectifier Reports Breakeven Quarter

International Rectifier Reports Breakeven Quarter

International Rectifier Corp. reported net income of $34,000 on revenue of $127.5 million in the quarter ended September, compared with net income of $6.1 million on revenue of $133.1 million in the prior-year quarter. ... Continue reading

International Sales Executive Named At MotorVac

International Sales Executive Named At MotorVac

MotorVac Technologies, manufacturer and marketer of the MotorVac CarbonClean System and Industrial Diesel Tune, announced the promotion of Romy Laxamana from director of marketing to vice president of international sales. ... Continue reading

IRL: Driver Standings Through October 15th (Final)

IRL: Driver Standings Through October 15th (Final)

IRL: Driver Standings Through October 15th (Final) ... Continue reading

J.T. Granatelli Lubricants, Inc. Acquires Second Product Order

J.T. Granatelli Lubricants, Inc. Acquires Second Product Order

J.T. Granatelli Lubricants, Inc. announced that it has received an additional product order from Tyre Protection Specialists (TPS) of Durbin, South Africa, one of the country's largest distribution and marketing groups. ... Continue reading

Many Consumers Overspend On Vehicle Maintenance

Many Consumers Overspend On Vehicle Maintenance

Many consumers are wasting money on unnecessary auto maintenance, according to a survey conducted by AAA. The survey was a part of AAA's campaign to educate consumers during October -- National Car Care Month. ... Continue reading

Mercedes-Benz Offers Tourist Delivery Online

Mercedes-Benz Offers Tourist Delivery Online

Mercedes-Benz of North America, Inc. announced a milestone in its new interactive retail initiative: European Delivery on the Worldwide Web. ... Continue reading

Motorola Creates New Group to Focus On Automotive Communications

Motorola Creates New Group to Focus On Automotive Communications

Motorola announced that it was creating a new business group to focus resources on the growing worldwide opportunity in the emerging auto comm industry, and to ensure that customers are easily able to access the full scope of Motorola's capabilities. ... Continue reading

NASCAR Busch Grand National: Driver Standings Through October 15th

NASCAR Busch Grand National: Driver Standings Through October 15th

NASCAR Busch Grand National: Driver Standings Through October 15th ... Continue reading

NASCAR Trucks: Driver Standings Through October 15th

NASCAR Trucks: Driver Standings Through October 15th

NASCAR Trucks: Driver Standings Through October 15th ... Continue reading

NASCAR-WCUP: Goodyear Tire Notes for the NASCAR Winston Cup Pepsi 400

NASCAR-WCUP: Goodyear Tire Notes for the NASCAR Winston Cup Pepsi 400

NASCAR-WCUP: Goodyear Tire Notes for the NASCAR Winston Cup Pepsi 400 ... Continue reading

NASCAR Winston Cup: Bobby Labonte Grabs Daytona's Historic Pole

NASCAR Winston Cup: Bobby Labonte Grabs Daytona's Historic Pole

NASCAR Winston Cup: Bobby Labonte Grabs Daytona's Historic Pole ... Continue reading

NASCAR Winston Cup: Driver Standings Through October 15th

NASCAR Winston Cup: Driver Standings Through October 15th

NASCAR Winston Cup: Driver Standings Through October 15th ... Continue reading

NHRA: Driver Standings Through October 15th

NHRA: Driver Standings Through October 15th

NHRA: Driver Standings Through October 15th ... Continue reading

NHRA: Worsham Anticipates Return to Texas Motorplex

NHRA: Worsham Anticipates Return to Texas Motorplex

NHRA: Worsham Anticipates Return to Texas Motorplex ... Continue reading

Nissan N. America President Gives `Back to Basics' Update

Nissan N. America President Gives `Back to Basics' Update

With the "father" of the Z car at his side, Nissan North America President Minoru Nakamura presented an update to the company's "Back to Basics" business strategy earlier this week. ... Continue reading

Noble International, Ltd. Names New Chief Financial Officer

Noble International, Ltd. Names New Chief Financial Officer

Noble International, Ltd. announced that Dan W. Sampson has been appointed Chief Financial Officer. ... Continue reading

Oakhurst Company Announces Second Quarter Results

Oakhurst Company Announces Second Quarter Results

Oakhurst Company, Inc. announced operating results for the second quarter ended August 31, 1998. ... Continue reading

OUT-OF-SIGHT New Zero Profile Mobile Antenna

OUT-OF-SIGHT New Zero Profile Mobile Antenna

Command Communications, Inc. has announced its newest product, OUT-OF-SIGHT(tm) Antenna and Coaxial Cables, setting a new industry standard for the mobile antenna market. ... Continue reading

R&B to Acquire Auto Brake Parts Supplier

R&B to Acquire Auto Brake Parts Supplier

R&B, Inc. announced that it has signed a definitive agreement to acquire Allparts, Inc., a wholly owned subsidiary of JPE, Inc. for approximately $10 million in cash. ... Continue reading

Singer Toni Braxton Agrees BMW `Should Get Its Car Back'

Singer Toni Braxton Agrees BMW `Should Get Its Car Back'

After learning of the lawsuit brought against her by BMW Financial Services NA, Inc., regarding recovery of a car leased by a former employee, Grammy Award-winning recording artist Toni Braxton released the following statement: ... Continue reading

Spartan Motors Announces Agreement for Ownership Restructuring

Spartan Motors Announces Agreement for Ownership Restructuring

Spartan Motors, Inc. announced an agreement for the restructuring of ownership in Richmond, Ind.-based Carpenter Industries. The restructuring could be completed as early as October 23, 1998. ... Continue reading

Tenneco Earnings News Conference Scheduled

Tenneco Earnings News Conference Scheduled

Tenneco has scheduled a conference call for members of the press for Wednesday, October 21 at 10:30 a.m. E.D.T. to review its 1998 third quarter results. ... Continue reading

The Timken Company in Discussions with British Tube Manufacturer

The Timken Company in Discussions with British Tube Manufacturer

The Timken Company announced that it has entered into discussions with the Hay Hall Group Ltd. which could result in the acquisition of Desford Tubes Ltd., a steel tubing manufacturer in Leicester, England. ... Continue reading

Vehicle Parts Managers Seek Personal Relationship with Manufacturer

Vehicle Parts Managers Seek Personal Relationship with Manufacturer

A simple phone call to automotive dealership parts managers every few weeks may have a significant impact on their satisfaction with manufacturers, according to the J.D. Power and Ass 1998 Parts Managers' Study. ... 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 336,740 units, down from the 351,732 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

Winnebago Industries Declares Cash Dividend

Winnebago Industries Declares Cash Dividend

The board of directors of Winnebago Industries, Inc., have declared a cash dividend of ten cents per share, payable on January 11, 1999 to shareholders of record as of December 11, 1998. ... Continue reading

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