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March 1999

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Tuesday, March 16, 1999

AAA Says Gas Prices Up: First Rise Since October

AAA Says Gas Prices Up: First Rise Since October

The national average price of self-serve regular unleaded gasoline increased 1 cent in one month to 97 cents per gallon, according to the AAA Fuel Gauge Report. This marks the first increase in gas prices since October 1998, when prices rose .9 cent from September. ... Continue reading

Alan Jackson Song Takes Customers to 'Ford Country' at Dallas Auto Show

Alan Jackson Song Takes Customers to 'Ford Country' at Dallas Auto Show

Country music sensation Alan Jackson, who has been singing about Ford trucks for two years, is changing his tune. Next month, he'll begin singing about "Ford Country" -- a tribute to the people who live and work in their Ford trucks ... Continue reading

AlliedSignal Names John H. Weber President Of Friction Materials Business

AlliedSignal Names John H. Weber President Of Friction Materials Business

AlliedSignal Inc. announced today that John H. Weber has been named President of the company's Friction Materials business. ... Continue reading

Bikers Dream Announces Distribution Agreement With Costco

Bikers Dream Announces Distribution Agreement With Costco

Bikers Dream Inc. today announced the distribution agreement with Costco Companies Inc., operator of 200 warehouse-style consumer style buying outlets in the U.S. ... Continue reading

Budget Rent-A-Car Ordered to Turn Over Accident Info In Discrimination Suit

Budget Rent-A-Car Ordered to Turn Over Accident Info In Discrimination Suit

Budget Rent-A-Car, accused of gouging Michigan consumers and discriminating against minorities in a Class Action lawsuit filed in Wayne County Circuit Court, was ordered to turn over accident information by 3/19/99 ... Continue reading

Carl Lewis To Participate in Toyota Pro/Celebrity Race

Carl Lewis To Participate in Toyota Pro/Celebrity Race

Nine-time Olympic gold medal winner Carl Lewis is ready to trade in his running shoes for racing gloves and a chance to jump behind the wheel of a race-ready Toyota Celica. ... Continue reading

CART: Cicale Returns to Team Kool Green

CART: Cicale Returns to Team Kool Green

CART: Cicale Returns to Team Kool Green ... Continue reading

Continental Reports Consolidated Earnings

Continental Reports Consolidated Earnings

Profits before income taxes at the Continental Corporation rose by DM 153 million to DM 611 million (+33%) in 1998. ... Continue reading

DaimlerChrysler Announces New Communications Structure

DaimlerChrysler Announces New Communications Structure

DaimlerChrysler has established a new communications department designed to meet the international requirements of the new company that was founded through the merger of Daimler-Benz and Chrysler Corporation in 1998. ... Continue reading

DaimlerChrysler Gives Gold Pentastar to Siemens' Power Semiconductor Grp

DaimlerChrysler Gives Gold Pentastar to Siemens' Power Semiconductor Grp

The Power Semiconductors division of Siemens Microelectronics, Inc., has received a Gold Pentastar Award from DaimlerChrysler for Model Year 1998 for outstanding service, quality, and technology in smart power components ... Continue reading

DaimlerChrysler Introduces Integrated, Value-based Controlling System

DaimlerChrysler Introduces Integrated, Value-based Controlling System

DaimlerChrysler has introduced an integrated value-based controlling system, that will serve as the merged company's management tool. ... Continue reading

DENSO Acquires Rotating Machines Division

DENSO Acquires Rotating Machines Division

DENSO Corporation, headquartered in Kariya, Aichi, Japan, today announced that it will acquire 80 percent of Magneti Marelli's Rotating Machines Division by mutual agreement with the European automotive components manufacturer ... Continue reading

Donaldson Company: Meeting Tougher Standards in a Noisier World

Donaldson Company: Meeting Tougher Standards in a Noisier World

As noise pollution becomes an increasing concern, the trucking industry faces growing vehicle noise regulations on federal, state and local levels. The Donaldson Company's new Silent Partner silencer will help truckers to effectively meet these requirements in a cost-effective manner. ... Continue reading

FIA Middle East Rally Championship

FIA Middle East Rally Championship

1999 National Events Schedule ... Continue reading

FinishMaster Announces 1998 Results

FinishMaster Announces 1998 Results

FinishMaster, Inc., a leading national distributor of automotive paints and related accessories, reported today that net income for the year ended December 31, 1998 increased 203% to $1,988,000 on revenues of $309,946,000, compared to net income of $656,000 on revenues of $130,175,000 in the prior year. ... Continue reading

Flow International to Acquire ABB Pressure Systems of Sweden

Flow International to Acquire ABB Pressure Systems of Sweden

Flow International Corporation and Asea Brown Boveri AB (ABB) today announced Flow has reached an agreement in principal to acquire ABB Pressure Systems AB. ... Continue reading

GenCorp Reports Q1 EPS

GenCorp Reports Q1 EPS

GenCorp reported today significantly improved 1999 first quarter earnings of $0.41 per diluted share compared to $0.31 per diluted share during the first quarter of 1998 ... Continue reading

IMPCO Technologies to Introduce Alternative Fuel Tank Delivery System

IMPCO Technologies to Introduce Alternative Fuel Tank Delivery System

IMPCO Technologies Inc announced that it will shortly introduce the next generation of alternative fuel tank systems, which will incorporate a Tri-Shield all-composite cylinder for natural gas powered vehicles. ... Continue reading

LAVERDA Motorcycles Set for Comeback in New York

LAVERDA Motorcycles Set for Comeback in New York

Never say never says Motor Laverda USA as the Italy's leading motorcycle manufacturer announces today the reintroduction of LAVERDA motorcycles to the United States. ... Continue reading

Majestic Transportation Products Announces Approval of Safe-T-Bar Pilot Program

Majestic Transportation Products Announces Approval of Safe-T-Bar Pilot Program

Majestic Transportation Products, Ltd. is pleased to announce that as of March 3, 1999 it's new school bus passenger restraint product, the Safe-T-Bar, has completed and passed the full complement of testing required under Federal Motor Vehicle Safety Standards and is ready for market roll-out. ... Continue reading

Mercedes-Benz Lenkungen and Siemens Join to Develop Steering Systems

Mercedes-Benz Lenkungen and Siemens Join to Develop Steering Systems

Mercedes-Benz Lenkungen (Steering) GmbH, Duesseldorf, a wholly owned subsidiary of DaimlerChrysler, and Siemens Automotive, Regensburg, have signed an agreement to jointly develop power steering and complete steering systems for vehicles. ... Continue reading

Meritor Automotive Elects T. E. O'Rourke, President Light Vehicle Systems Business

Meritor Automotive Elects T. E. O'Rourke, President Light Vehicle Systems Business

Meritor Automotive Inc announced that its board of directors has elected Terrence E. O'Rourke as President of its Light Vehicle Systems (LVS) business and a Senior Vice President of the Company. ... Continue reading

NASCAR-BGN: Mclaughlin Continues Climb Up Points Ladder in Atlanta

NASCAR-BGN: Mclaughlin Continues Climb Up Points Ladder in Atlanta

NASCAR-BGN: Mclaughlin Continues Climb Up Points Ladder in Atlanta ... Continue reading

NASCAR-BGN: Sawyer Posts Solid Finish in Atlanta

NASCAR-BGN: Sawyer Posts Solid Finish in Atlanta

NASCAR-BGN: Sawyer Posts Solid Finish in Atlanta ... Continue reading

NASCAR: Jax Raceways Host Double Points Night

NASCAR: Jax Raceways Host Double Points Night

NASCAR: Jax Raceways Host Double Points Night ... Continue reading

NASCAR WCUP: Michael Waltrip hot at Atlanta Sunday - almost too hot

NASCAR WCUP: Michael Waltrip hot at Atlanta Sunday - almost too hot

NASCAR WCUP: Michael Waltrip hot at Atlanta Sunday - almost too hot ... Continue reading

NASCAR WCUP: Steve Park Awaits New York City Return

NASCAR WCUP: Steve Park Awaits New York City Return

NASCAR WCUP: Steve Park Awaits New York City Return ... Continue reading

NASCAR-WCUP: Ted Musgrave to Drive Polaris Ford Taurus

NASCAR-WCUP: Ted Musgrave to Drive Polaris Ford Taurus

NASCAR-WCUP: Ted Musgrave to Drive Polaris Ford Taurus ... Continue reading

National-Standard Company Sells U.K. Wire Operations

National-Standard Company Sells U.K. Wire Operations

National-Standard Company announced today the sale of its wire operations in Kidderminster, England to a local management group led by Alan Hopkins, Managing Director. The new company will operate under the name N-S Europe Limited. ... Continue reading

Navidec Joins Forces with Automotive Lease Guide

Navidec Joins Forces with Automotive Lease Guide

Denver-based Navidec Inc. announced a partnership with Automotive Lease Guide (ALG) based in Santa Barbara, California ... Continue reading

NHRA: 'Frozen Out' First Race in 1999 Team Kendall Challenge Make Up Date Announced

NHRA: 'Frozen Out' First Race in 1999 Team Kendall Challenge Make Up Date Announced

NHRA: 'Frozen Out' First Race in 1999 Team Kendall Challenge Make Up Date Announced ... Continue reading

Nissan Receives Formal Offer from French Automaker Renault

Nissan Receives Formal Offer from French Automaker Renault

Nissan North America issued the following statement today on behalf of its parent company, Nissan Motor Co., Ltd., which received a formal proposal from Renault SA to acquire a stake in the Japanese automaker ... Continue reading

Oxford Automotive, Inc. Appoints President of French Division

Oxford Automotive, Inc. Appoints President of French Division

Oxford Automotive, Inc., a leading Tier 1 automotive supplier, has appointed Jean-Francois Constant to president of Oxford Automotive, Inc. France. ... Continue reading

Peregrine Incorporated Hires Investment Banker

Peregrine Incorporated Hires Investment Banker

Peregrine Incorporated Chief Executive Officer James J. Bonsall said the company has hired investment banker BT Alex. Brown to explore opportunities for sale of the company to prospective buyers within the automotive industry ... Continue reading

RALLY: Ford Martini team aims to build on McRaes win

RALLY: Ford Martini team aims to build on McRaes win

RALLY: Ford Martini team aims to build on McRaes win ... Continue reading

Standard Products Declares Regular Quarterly Dividend

Standard Products Declares Regular Quarterly Dividend

Directors of The Standard Products Co. today declared a regular quarterly dividend of $.18 per share, payable April 23, 1999 to shareholders of record April 9, 1999 ... Continue reading

Ugly Duckling Reclassifies Cygnet Dealer and Posts Expected Q1 Results

Ugly Duckling Reclassifies Cygnet Dealer and Posts Expected Q1 Results

Ugly Duckling Corporation (Nasdaq NM: UGLY) today announced a reclassification of Cygnet Dealer into continuing operations and anticipated first quarter results. ... Continue reading

Uniprime Capital Acceptance, Inc. Announces Buy Back Program

Uniprime Capital Acceptance, Inc. Announces Buy Back Program

Uniprime Capital Acceptance Inc. announced that its Board of Directors has authorized the buy back of up to 1,000,000 shares of its common stock. ... Continue reading

Universal Automotive Industries, Inc. Reports 1998 Operating Income

Universal Automotive Industries, Inc. Reports 1998 Operating Income

Universal Automotive Industries, Inc. reported 1998 full year operating income of $1.8 million compared to an operating loss of $748 thousand in 1997 ... Continue reading

USAC: Davey Hamilton Sweeps Madera & Stockton MCI Worldcom Western Midgets

USAC: Davey Hamilton Sweeps Madera & Stockton MCI Worldcom Western Midgets

USAC: Davey Hamilton Sweeps Madera & Stockton MCI Worldcom Western Midgets ... Continue reading

USAC: Ladies Golf Tourney to Benefit USAC Benevolent Fund & Honor Mrs. Hulman

USAC: Ladies Golf Tourney to Benefit USAC Benevolent Fund & Honor Mrs. Hulman

USAC: Ladies Golf Tourney to Benefit USAC Benevolent Fund & Honor Mrs. Hulman ... Continue reading

Western Oil and Tire Distributors Offer to Buy Tire Business

Western Oil and Tire Distributors Offer to Buy Tire Business

WOTD announced that it has extended its agreement until June 30, 1999 to acquire a $3 million Tire business in Nevada which operates two retail tire stores and a recapping plant. ... Continue reading

Winnebago Industries Reports Q2 Revenues

Winnebago Industries Reports Q2 Revenues

Winnebago Industries, Inc., one of the nation's leading motor home manufacturers, today reported record revenues for the second quarter and first six months of fiscal 1999. ... Continue reading

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