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April 2000

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Wednesday, April 19, 2000

2000 Auto Industry Design & Technology Award Finalists Announced

2000 Auto Industry Design & Technology Award Finalists Announced

This year's finalists in the 2000 Auto Industry Design & Technology Award competition represent some of the largest and most innovative Tier I and Tier II auto suppliers in the world. ... Continue reading

2001 Chrysler Sebring Convertible, Coupe And Sedan Shine at Show

2001 Chrysler Sebring Convertible, Coupe And Sedan Shine at Show

Building on the hallmarks of Chrysler design leadership, agile handling, spirited performance and premium features, the new 2001 Chrysler Sebring Convertible, Sebring coupe and Sebring sedan shine through in the competitive marketplace. ... Continue reading

A.C.L.N. Ltd. Announces a 5-for-4 Stock Split

A.C.L.N. Ltd. Announces a 5-for-4 Stock Split

A.C.L.N. Ltd. announced a 5-for-4 stock split for shareholders to be effected on May 18, 2000. ... Continue reading

Acura Unveils MDX 'Multi-Dimensional' Luxury

Acura Unveils MDX 'Multi-Dimensional' Luxury

Acura took the wraps off its all-new MDX luxury sport-utility vehicle at the New York International Auto Show. ... Continue reading

AK Steel Says USWA Continues Reign of Terror Against the Company

AK Steel Says USWA Continues Reign of Terror Against the Company

In a continuing pattern of attacks against AK Steel and its suppliers, members of the United Steelworkers of America, Local 169 terrorized the corporate offices of Securcorp outside Washington, D.C. on Friday, April 14, 2000. ... Continue reading

American Axle & Manufacturing Announces New Business with Ford

American Axle & Manufacturing Announces New Business with Ford

American Axle & Manufacturing Holdings, Inc. announced that it has been selected as the supplier of rear axles and driveshafts (propshafts) for a future Ford vehicle. ... Continue reading

Amerigon Announces Effectiveness of One-for-Five Reduction in Number of Class a Warrants

Amerigon Announces Effectiveness of One-for-Five Reduction in Number of Class a Warrants

Amerigon Inc. said that the one-for-five reduction in the number of its outstanding Class A Warrants announced on March 30 became effective at the close of trading on April 18 and, as of the opening of the marketApril 19. ... Continue reading

AMES Award to be Presented To Carmakers at New York Auto Show

AMES Award to be Presented To Carmakers at New York Auto Show

Toyota, Honda, Volkswagen, Mazda,Subaru and Suzuki will receive the AMES Award(TM) at the New York Auto Show on April 19, 20. AMES is the acronym for Automotive Market Environmental Sensitivity. ... Continue reading

Autobytel.com Partners with AutoTradeCenter.com

Autobytel.com Partners with AutoTradeCenter.com

Autobytel.com andAutoTradeCenter.com announced an agreement to begin test marketing TradeInCarsOnline.com, a unique trade-in solution for online car buyers, through the AutobytelDirect system. ... Continue reading

autoco.com/The MotorPages.com Announces Addition to Executive Team

autoco.com/The MotorPages.com Announces Addition to Executive Team

The MotorPages.com President Peter Caissie announced that its subsidiary company GTA AUCTIONS & LIQUIDATIONS INC. has hired Darlene Genova as Director of Asset Recoveries and Disposals. ... Continue reading

Autodaq Corporation Appoints Directors of Business Development

Autodaq Corporation Appoints Directors of Business Development

Autodaq Corporation, the online trading marketplace for businesses that buy and sell used automobiles, announced the appointment of three new directors to its growing automotive management team. ... Continue reading

Autodaq Corporation Appoints Directors of Business Development, Field Operations

Autodaq Corporation Appoints Directors of Business Development, Field Operations

Autodaq Corporation, the online trading marketplace for businesses that buy and sell used automobiles, today announced the appointment of three new directors to its growing automotive management team. ... Continue reading

Autoliv Financial Report January - March 2000:

Autoliv Financial Report January - March 2000:

Autoliv Inc., the worldwide leader in automotive safety systems, reported record sales and the best first quarter earnings ever for the three-month period ended March 31, 2000. ... Continue reading

AutoNation's e-Commerce Reaches Record for Speed

AutoNation's e-Commerce Reaches Record for Speed

AutoNation, Inc. announced that its average response time to on- line requests for vehicle information, test drives and financing improved to 1.2 hours in March. ... Continue reading

Auto Shoppers Continue Internet Intensity

Auto Shoppers Continue Internet Intensity

Automotive consumer Internet usage and vehicle shopping increased significantly from the 1998 to the 1999 model years, according to findings released by The Polk Company. ... Continue reading

Bank of New York Selected as Depositary by Brilliance China

Bank of New York Selected as Depositary by Brilliance China

The Bank of New York announced that Brilliance China Automotive Holdings Limited (Brilliance China) has selected the Bank as depositary for its American depositary receipt (ADR) program. ... Continue reading

Briggs & Stratton Declares Dividend

Briggs & Stratton Declares Dividend

Briggs & Stratton Corporation a quarterly dividend of 30 cents per share was declared on the common stock of the Corporation, payable June 30, 2000 to shareholders of record at the close of business June 1, 2000. ... Continue reading

Budd Opens Stamping Plant in Mexico

Budd Opens Stamping Plant in Mexico

The Budd Company announced the official opening of a new $50 million stamping and assembly plant in Silao, Mexico as part of a joint venture with two Japanese partners. ... Continue reading

buyatoyota.com Launches in the Northwest

buyatoyota.com Launches in the Northwest

Toyota Motor Sales, U.S.A., Inc. (TMS) announced the roll out of an internet retailing test program in the western Washington (Seattle, Tacoma) area. ... Continue reading

C.H. Robinson Reports First Quarter Results

C.H. Robinson Reports First Quarter Results

C.H. Robinson Worldwide, Inc. reported financial results for the three months ended March 31, 2000. ... Continue reading

Chrysler Applies Viper Success to Le Mans Prototype

Chrysler Applies Viper Success to Le Mans Prototype

DaimlerChrysler motorsports officials are looking to translate the success of the Viper GTS-R/T endurance racer into a winning program at the highest level of sports car racing with the new Chrysler Le Mans Prototype sports car. ... Continue reading

Collins & Aikman Corporation Announces Two Key Personnel Changes in Europe

Collins & Aikman Corporation Announces Two Key Personnel Changes in Europe

Collins & Aikman Corporation's European Automotive Interior Systems Group Division President D. Michael Weston announced two strategic personnel appointments. ... Continue reading

Cooper Tire & Rubber Company Announces Record First Quarter Results

Cooper Tire & Rubber Company Announces Record First Quarter Results

COOPER TIRE & RUBBER COMPANY reported record high earnings of $31.5 million or 42 cents per share in the quarter ended March 31, 2000. ... Continue reading

DaimlerChrysler Provides Funding For Virtual Prototypes' Autotab

DaimlerChrysler Provides Funding For Virtual Prototypes' Autotab

Virtual Prototypes Inc. announced that DaimlerChrysler has joined its Automotive Technical Advisory Board (AUTOTAB). ... Continue reading

DaimlerChrysler Reports Revenues Growth of 17% in the First Quarter

DaimlerChrysler Reports Revenues Growth of 17% in the First Quarter

DaimlerChrysler reported an increase in revenues of 17% to Euro 41.0/$39.2 billion in the first quarter (first quarter 1999: Euro 35.0/$33.5 billion). ... Continue reading

Delphi Joint Venture Wins Business from Shanghai GM

Delphi Joint Venture Wins Business from Shanghai GM

Shanghai Delphi Emission Control Systems Co. Ltd., a new joint venture between Delphi and Shanghai GuoZhong Industrial Co. Ltd., has won catalytic converter business with Shanghai General Motors. ... Continue reading

Delphi Shows Seat-Top Rear-Seat Entertainment System On Buick Cielo

Delphi Shows Seat-Top Rear-Seat Entertainment System On Buick Cielo

Buick Motor Division's Regal Cielo concept vehicle features Delphi Automotive Systems Communiport brand Seat-top Rear-Seat Audio/Video System, shown at the New York Auto Show. ... Continue reading

Detroit Diesel Reports Preliminary First Quarter Results

Detroit Diesel Reports Preliminary First Quarter Results

In his address at the 2000 Annual Meeting of Stockholders of Detroit Diesel Corporation, Roger Penske, Chairman, announced preliminary first quarter 2000 results. ... Continue reading

Dollar Thrifty Automotive Group Reports Record Revenue

Dollar Thrifty Automotive Group Reports Record Revenue

Dollar Thrifty Automotive Group, Inc. reported record results for the first quarter ended March 31, 2000. ... Continue reading

DriveOff.com Launches Affiliate Marketing Program

DriveOff.com Launches Affiliate Marketing Program

Automotive e-commerce company, DriveOff.com, launched its affiliate marketing program through LinkShare Corporation. ... Continue reading

Dura Automotive Systems Reports Record First-Quarter Results

Dura Automotive Systems Reports Record First-Quarter Results

Dura Automotive Systems, Inc. reported their financial results for the first quarter of 2000. Highlights for the quarter include: ... Continue reading

ECD Announces a Stock Repurchase Program

ECD Announces a Stock Repurchase Program

Energy Conversion Devices, Inc. announced that it is planning to repurchase shares of its outstanding common stock. ... Continue reading

Edmunds.com Announces Winners of Family Sedan Comparison Test

Edmunds.com Announces Winners of Family Sedan Comparison Test

Edmunds.com (http://www.edmunds.com), the Web's leading consumer resource for unbiased automotive information, announced the results of a nine-car comparison test of the most popular four-door family sedans. ... Continue reading

Exide Introduces Battery `Fresh Check' Seal

Exide Introduces Battery `Fresh Check' Seal

Exide Corporation will take some of the uncertainty out of buying automotive batteries with the institution this month of its "Fresh Check" program. ... Continue reading

Ford Calls for 'Hands On' National Strategy For Fitting Child Safety Seats

Ford Calls for 'Hands On' National Strategy For Fitting Child Safety Seats

Ford CEO Jac Nasser called for a "coordinated national network of child safety seat fitting stations to ensure that no child in America rides unprotected because mom or dad do not know how to install a safety seat or cannot afford one." ... Continue reading

Gas Prices Edging Lower, says AAA of Northern California

Gas Prices Edging Lower, says AAA of Northern California

Central Valley motorists are enjoying greater relief at the gas pumps than their Bay Area counterparts, AAA reported. ... Continue reading

GenRad Reports First Quarter Results; Revises Year 2000 Earnings Estimate

GenRad Reports First Quarter Results; Revises Year 2000 Earnings Estimate

GenRad, Inc. reported diluted earnings per share of $0.08 for its first quarter ended April 1, 2000, compared to $0.14 last year, on a full tax basis of 36%. ... Continue reading

Hayes Lemmerz International Majority Stockholders Withdraw Going Private Proposal

Hayes Lemmerz International Majority Stockholders Withdraw Going Private Proposal

Hayes Lemmerz International, Inc. announced that stockholders, owning in excess of 75% of Hayes common stock, had withdrawn their previously announced proposal to acquire the remaining shares of Hayes for $21 per share in cash. ... Continue reading

HSB Group, Inc. Reports First Quarter Results

HSB Group, Inc. Reports First Quarter Results

HSB Group, Inc. reported that first quarter net income per share on a fully diluted basis was $.68 cents compared to $.35 cents in the fourth quarter of 1999 and $.71 in the first quarter of 1999. ... Continue reading

Ingersoll-Rand's Club Car Subsidiary Acquires Assets of Dash Golf Cars, Inc.

Ingersoll-Rand's Club Car Subsidiary Acquires Assets of Dash Golf Cars, Inc.

Ingersoll-Rand Company, a leading diversified industrial firm, announced that its wholly owned subsidiary, Club Car, Inc., has acquired substantially all of the assets of Dash Golf Cars, Inc., based in Indio, California. ... Continue reading

IPSCO First Quarter Results; Improvements on Year-Over-Year Basis Noted

IPSCO First Quarter Results; Improvements on Year-Over-Year Basis Noted

IPSCO Inc. announced that its first quarter net income was $17.3 million, up seven percent from the first quarter of 1999. ... Continue reading

Lear Corporation Reports Record First Quarter

Lear Corporation Reports Record First Quarter

Lear Corporation reported record financial performance for the first quarter of 2000. Sales of $3.8 billion, operating income of $194 million and net income of $62 million, or $.93 per share, are all first quarter records for the company. ... Continue reading

Mazda Unveils 2001 B-Series Truck at New York Auto Show

Mazda Unveils 2001 B-Series Truck at New York Auto Show

Whether at work or at play, compact pickup truck owners demand a lot of their vehicles. Mazda's 2001 B-Series truck line-up is equally well equipped for big jobs and big fun, thanks to two new, more powerful engines. ... Continue reading

Meritor Automotive Reports EPS Up 26 Percent, Sales Up 3 Percent

Meritor Automotive Reports EPS Up 26 Percent, Sales Up 3 Percent

Meritor Automotive, Inc. reported fiscal 2000 second quarter earnings per share of $0.91, up 26 percent over last year's second quarter of $0.72 per share. ... Continue reading

Myers Industries Declares Quarterly Dividend

Myers Industries Declares Quarterly Dividend

The Board of Directors of Myers Industries, Inc. declared a $.06 per common share quarterly cash dividend. The dividend will be paid July 3, 2000, to shareholders of record as of June 16, 2000. ... Continue reading

NASCAR WCUP: Bobby Labonte season review

NASCAR WCUP: Bobby Labonte season review

NASCAR WCUP: Bobby Labonte season review ... Continue reading

NASCAR WCUP: Kenny Wallace looking forward to 'off' weekend

NASCAR WCUP: Kenny Wallace looking forward to 'off' weekend

NASCAR WCUP: Kenny Wallace looking forwar to 'off' weekend ... Continue reading

NASCAR WCUP: Tony Stewart still working this weekend; Crew Chief at Las Vegas

NASCAR WCUP: Tony Stewart still working this weekend; Crew Chief at Las Vegas

NASCAR WCUP: Tony Stewart still working this weekend; Crew Chief at Las Vegas ... Continue reading

Newgen Set to Break Ground on New Corporate Headquarters

Newgen Set to Break Ground on New Corporate Headquarters

Newgen Results Corporation has signed a $52-million, 15-year lease with Kilroy Realty to build a 103,000-square foot corporate headquarters in the Sorrento Rim Business Park of Sorrento Mesa. ... Continue reading

New Shell Booklet Offers Tips on How to Share the Road With

New Shell Booklet Offers Tips on How to Share the Road With

Shell Oil Company is now offering motorists a new, free book, called "Sharing the Road," which contains tips on how to drive safer and smarter on the nation's increasingly congested highways. ... Continue reading

NHRA: Bazemore Loses a Heartbreaker in Houston

NHRA: Bazemore Loses a Heartbreaker in Houston

Bazemore Loses a Heartbreaker in Houston ... Continue reading

NHRA: Martino's Weekend Ends Prematurely in Houston

NHRA: Martino's Weekend Ends Prematurely in Houston

Martino's Weekend Ends Prematurely in Houston ... Continue reading

NorthernLight Indy Racing: Harrington ready to get back behind wheel at Vegas

NorthernLight Indy Racing: Harrington ready to get back behind wheel at Vegas

NorthernLight Indy Racing: Harrington ready to get back behind wheel at Vegas ... Continue reading

Oilgear Reports First Quarter Results

Oilgear Reports First Quarter Results

The Oilgear Company reported record-high first quarter sales, record orders, and an increase in earnings for the quarter ended March 31, 2000. ... Continue reading

Pep Boys Introduces Used Car Certification Program

Pep Boys Introduces Used Car Certification Program

The Pep Boys - Manny, Moe & Jack announced that it has introduced a comprehensive, all-brands used car certification program that will serve the massive $336 billion used vehicle market. ... Continue reading

Polaris First Quarter EPS Up 14% On 14% Sales Growth

Polaris First Quarter EPS Up 14% On 14% Sales Growth

Polaris Industries Inc. reported a 14% increase in net income per diluted share on a 14% increase in sales for the first quarter ended March 31, 2000. ... Continue reading

Polk Brings Real-Time Survey Technology To 2000 New York International Auto Show

Polk Brings Real-Time Survey Technology To 2000 New York International Auto Show

In keeping with the New York International Auto Show's themes of excitement and innovation, The Polk Company is bringing its high-tech, real-time survey technology to the Jacob K. Javits Convention Center for the show's centennial event, April 19-30. ... Continue reading

Protecting Your Car: A Springtime Ritual

Protecting Your Car: A Springtime Ritual

19 Everyone wants a car that reflects positively. Spring and summer road trips -- adding to typically long commutes and packed family shuttling -- have practically turned cars into second homes. ... Continue reading

Qvale Automotive Group Announces Enhanced Service Plan

Qvale Automotive Group Announces Enhanced Service Plan

Following its split with DeTomaso, the Qvale Automotive Group announced a revised service plan for the 2000 Mangusta in North America. ... Continue reading

SDRC Elects MIT Innovation Leader to Board of Directors

SDRC Elects MIT Innovation Leader to Board of Directors

SDRC announced that Maurice F. Holmes, co-director of the Massachusetts Institute of Technology Center for Innovation in Product Development, funded by the National Science Foundation and ten corporate partners, has joined the Board of Directors. ... Continue reading

SDRC Reports First Quarter EPS of $0.12; Revenues of $108 Million

SDRC Reports First Quarter EPS of $0.12; Revenues of $108 Million

SDRC announced its results for the first quarter ended March 31, 2000. Revenues totaled $108.2 million, about even with last year's $108.1 million. ... Continue reading

Simpson Industries, Inc. Announces Quarterly Dividend

Simpson Industries, Inc. Announces Quarterly Dividend

Simpson Industries, Inc. announces that its Board of Directors declared a quarterly dividend in the amount of $.10 per share. ... Continue reading

Southern California Gas Prices Edge Down From Peak

Southern California Gas Prices Edge Down From Peak

While still higher than a month ago, Southern California gasoline prices have been slowly edging down from their peak three weeks ago. ... Continue reading

Symbol, TBS Team to Provide Customer Service Solution to Avis

Symbol, TBS Team to Provide Customer Service Solution to Avis

Symbol Technologies and Technological Business Solutions (TBS) have announced a partnership to provide Avis Europe with a revolutionary mobile assessment system to accurately and quickly assess light damage to cars. ... Continue reading

Texas' Gas Prices Retreat From Record High

Texas' Gas Prices Retreat From Record High

The statewide average price of self-serve regular gasoline decreased by 10 cents a gallon since March, according to a AAA Texas survey. ... Continue reading

TRW Announces Record First Quarter 2000 Results; Earnings Increase 46 Percent

TRW Announces Record First Quarter 2000 Results; Earnings Increase 46 Percent

TRW Inc. reported that for the first quarter ended March 31, 2000, net earnings increased 46 percent to a record $152.1 million, or $1.22 per share, excluding unusual items. ... Continue reading

Ugly Duckling Reports Record Quarterly Results

Ugly Duckling Reports Record Quarterly Results

Ugly Duckling Corp., the largest and fastest-growing used car sales company focused exclusively on the sub-prime market, reported record earnings for the first quarter 2000. ... Continue reading

USWA, Bridgestone/Firestone, Agree To Extend Contract

USWA, Bridgestone/Firestone, Agree To Extend Contract

The United Steelworkers of America (USWA) and Bridgestone/Firestone, Inc. (BFS) agreed to extend the Master agreement on a day-to-day basis. The contract was due to expire on April 23, 2000. ... Continue reading

Volvo, Union of Concerned Scientists Agree

Volvo, Union of Concerned Scientists Agree

Volvo will be at the "birthplace" of Earth Day on April 22 to showcase new vehicles built to the strict standards of its groundbreaking Environmental Priorities System (EPS). ... Continue reading

Wescast Industries Inc. Announces Normal Course Issuer Bid

Wescast Industries Inc. Announces Normal Course Issuer Bid

Wescast Industries announced acceptance by The Toronto Stock Exchange of notice of Wescast's intention to purchase from time to time, if it is considered advisable, up to 569,212 of its 5,781,090 outstanding Class A Shares on The Toronto Stock Exchange. ... Continue reading

When It Comes to Autos, Loyal New Yorkers Are Hard to Find

When It Comes to Autos, Loyal New Yorkers Are Hard to Find

A recent study conducted by The Polk Company indicates that New Yorkers are not the most loyal bunch, specifically to auto manufacturers. ... Continue reading

WOO: Channellock's Swindell Holds Fifth Spot in WOO Points Chase

WOO: Channellock's Swindell Holds Fifth Spot in WOO Points Chase

Channellock's Swindell Holds Fifth Spot in WOO Points Chase ... Continue reading

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