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May 1999

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Wednesday, May 19, 1999

2000 Model Year Subaru Legacy Rolls Off Production Line

2000 Model Year Subaru Legacy Rolls Off Production Line

Subaru of America, Inc. (SOA) and Subaru-Isuzu Automotive Inc. (SIA) announced the start of production of the 2000 Model Year Legacy line as its "Job One" vehicle rolled off the production line in Lafayette, Ind. ... Continue reading

25-Year-Old Broke Out Of Generation X Mold, And Into Auto Glass Business

25-Year-Old Broke Out Of Generation X Mold, And Into Auto Glass Business

While most of his friends from college were still discovering themselves in 1994, 25-year-old Kris Horner was discovering his competitive edge as president of Auto Glass Plus. ... Continue reading

AimRite Holdings Corporation Receives Project Vehicle from General Motors

AimRite Holdings Corporation Receives Project Vehicle from General Motors

AimRite Holdings Corporation is pleased to announce the arrival of the first of the project vehicles from General Motors. ... Continue reading

Auto Affordability is Best in 19 Years - Comerica Bank Index

Auto Affordability is Best in 19 Years - Comerica Bank Index

The purchase of an average-priced new vehicle during the first quarter of this year required 23.7 weeks of median family income, before taxes, according to the Auto Affordability Index compiled by Detroit-based Comerica Bank. ... Continue reading

AutoBond Acceptance Corp. Updates Investors With Respect to Its Litigation With Dynex

AutoBond Acceptance Corp. Updates Investors With Respect to Its Litigation With Dynex

AutoBond Acceptance Corporation, listed on the Amex under the symbol ABD, is updating investors with respect to its litigation with Dynex Capital, Inc. ... Continue reading

Auto Club Gift Memberships Provide Year of Benefits for Grads & Dads

Auto Club Gift Memberships Provide Year of Benefits for Grads & Dads

Having a hard time thinking of what to get dad or that new grad in the family? Gift memberships for the Automobile Club of Southern California provide benefits all year long and can now be purchased via the Internet at www.aaa-calif.com. ... Continue reading

BancBoston Robertson Stephens Gives Positive Quarter Outlook For Rental Car Group

BancBoston Robertson Stephens Gives Positive Quarter Outlook For Rental Car Group

BancBoston Robertson Stephens senior automobile services analyst Jordan Hymowitz gave a positive quarter outlook for the rental car group, including Hertz (rated Buy), Avis (rated Buy) and Dollar/Thrifty (rated Buy). ... Continue reading

Bikers Dream Reports 76 Percent Increase in Revenue; Record First-Quarter Profit

Bikers Dream Reports 76 Percent Increase in Revenue; Record First-Quarter Profit

Bikers Dream Inc. reported record first-quarter results for the period ended March 31, 1999. ... Continue reading

BlueStar Announces Second Quarter Revenues of $39 Million

BlueStar Announces Second Quarter Revenues of $39 Million

BlueStar Battery Systems International Corp. announces revenues for the six months ended March 31, 1999, of $83.1 million and earnings before interest, income taxes and amortization of $3.0 million. ... Continue reading

Borg-Warner Automotive Reclassifies 1998 Quarters by Operating Group

Borg-Warner Automotive Reclassifies 1998 Quarters by Operating Group

Borg-Warner Automotive, Inc. re-released 1998 quarterly sales to reflect the format in which the company is reporting its 1999 operating group sales. ... Continue reading

California State Automobile Association to Acquire Western United Insurance Company

California State Automobile Association to Acquire Western United Insurance Company

The California State Automobile Association (CSAA) Inter- Insurance Bureau announced an agreement to acquire Western United Insurance Company. ... Continue reading

Carey International Subsidiary Receives Florida Governor's Sterling Award

Carey International Subsidiary Receives Florida Governor's Sterling Award

Carey International, Inc. announced that East Coast Transportation, Inc. has earned the distinction of being the first chauffeured transportation company to receive the Florida Governor's Sterling Award. ... Continue reading

China Tire Holdings Limited Consolidated Results for the Year Ended December 31, 1998

China Tire Holdings Limited Consolidated Results for the Year Ended December 31, 1998

China Tire Holdings Limited announced its audited consolidated earnings for the year ended December 31, 1998: ... Continue reading

Classic Autos Roll Into Napa Valley for Father's Day

Classic Autos Roll Into Napa Valley for Father's Day

The Napa Valley will proudly welcome car connoisseurs from around the Bay Area and beyond as Vintage 1870 in Yountville, Napa Valley, hosts the 9th Annual Father's Day Invitational Auto Show on Sunday, June 20, 1999 from 11:00 a.m. to 4:00 p.m. ... Continue reading

DaimlerChrysler Declares Dividend

DaimlerChrysler Declares Dividend

DaimlerChrysler AG announced that its Annual General Meeting of Shareholders on May 18, 1999 resolved to pay a dividend of DM4.60 (Euro 2.35) per share on the company's capital stock. ... Continue reading

DaimlerChrysler Donates Funds to Oklahoma Disaster Relief Fund

DaimlerChrysler Donates Funds to Oklahoma Disaster Relief Fund

DaimlerChrysler Corporation is teaming up with its dealer network to donate $120,000 to the Salvation Army and the American Red Cross-Disaster Relief Fund in the wake of the recent Oklahoma tornadoes. ... Continue reading

ESD Members to be Recognized at June 9 Annual Meeting & Awards Ceremony in Detroit

ESD Members to be Recognized at June 9 Annual Meeting & Awards Ceremony in Detroit

Over two dozen awards will be presented at the 1999 ESD The Engineering Society Annual Membership Meeting & Awards Program and 25th Annual ESD Construction & Design Awards on June 9, 1999 at 6 p.m., held at the historic General Motors Building. ... Continue reading

Ethanol in Reformulated Gas Helps Reduce Auto Air Pollution

Ethanol in Reformulated Gas Helps Reduce Auto Air Pollution

A National Research Council Report, released this month, "demonstrates the importance of oxygenates, such as ethanol, in reducing harmful air pollution from vehicles," stated Gary Smith, President and CEO of High Plains Corporation. ... Continue reading

F2000 Begins Road Course Season with Return to Mosport Park

F2000 Begins Road Course Season with Return to Mosport Park

F2000 Begins Road Course Season with Return to Mosport Park ... Continue reading

F2000 National Championship Presented by Speedvision Mosport Weekend Facts

F2000 National Championship Presented by Speedvision Mosport Weekend Facts

F2000 National Championship Presented by Speedvision Mosport Weekend Facts ... Continue reading

Ford F-Series Top-Selling Personal Vehicles Since 1994

Ford F-Series Top-Selling Personal Vehicles Since 1994

Recent analysis by The Polk Company found the Ford F-Series pickups to be the top-selling vehicles from 1994 through 1998, based on personal-name registration data. ... Continue reading

Ford Motor Company and iVillage Join Forces

Ford Motor Company and iVillage Join Forces

Ford Motor Company and iVillage Inc. announced an exclusive, multi-year alliance that will actively involve women in the entire automotive experience -- including vehicle development, purchasing, leasing, ownership and maintenance. ... Continue reading

French-American Chamber of Commerce Names Goodyear Chairman Exec of the Year

French-American Chamber of Commerce Names Goodyear Chairman Exec of the Year

Samir G. Gibara, chairman and chief executive officer of The Goodyear Tire & Rubber Company, has been named Executive of the Year by the French-American Chamber of Commerce in Chicago. ... Continue reading

Fwd: Indy 500 Practice Tuesday

Fwd: Indy 500 Practice Tuesday

Fwd: Indy 500 Practice Tuesday ... Continue reading

General Alexander Haig Joins SDC International For Tatra Acquisition

General Alexander Haig Joins SDC International For Tatra Acquisition

SDC International, Inc. announced that former Secretary of State General Alexander M. Haig, Jr., has joined SDC International, Inc. as a Strategic Board Advisor. ... Continue reading

Hayes Lemmerz's 'Energize III' Brake Controller Ensures Safer Travel

Hayes Lemmerz's 'Energize III' Brake Controller Ensures Safer Travel

Hayes Lemmerz International announced that it has introduced the new and all electronic Energize III(TM) brake controller for smooth braking on trailers equipped with electric brakes. ... Continue reading

Honda Hosts Child Safety Awareness Day at 400 Dealerships Nationwide

Honda Hosts Child Safety Awareness Day at 400 Dealerships Nationwide

American Honda Motor Co., Inc. and more than 400 Honda dealers nationwide will host the company's second annual Child Safety Awareness Day. ... Continue reading

INCAT Slashes Lead Time 80% on Engineering Changes For Auto Supplier

INCAT Slashes Lead Time 80% on Engineering Changes For Auto Supplier

Majestic Industries, a supplier of dies to DaimlerChrysler AG and to DaimlerChrysler suppliers, was able to cut product design cycle time by 30 percent and lead time on engineering changes by 80 percent using INCAT. ... Continue reading

Industry Executive Robert D. MacCormack Joins Prescient Technologies, Inc.

Industry Executive Robert D. MacCormack Joins Prescient Technologies, Inc.

Prescient Technologies, Inc. announced the appointment of Robert D. MacCormack as executive vice president of sales and marketing. MacCormack will be located at Prescient Technologies' corporate headquarters in Boston, MA. ... Continue reading

Insilco Holding Co. Signs Definitive Merger Agreement with Thermal Transfer

Insilco Holding Co. Signs Definitive Merger Agreement with Thermal Transfer

Insilco Holding Co. announced that on May 18, 1999, through a wholly owned subsidiary, it signed a definitive merger agreement with Racine, Wisconsin-based Thermal Transfer Products, Ltd. ... Continue reading

IRL, Indy 500: Billy Graham to Give Invocation on Race Day

IRL, Indy 500: Billy Graham to Give Invocation on Race Day

IRL, Indy 500: Billy Graham to Give Invocation on Race Day ... Continue reading

IRL, Indy 500: Consistent Goodyear Takes Over Top Spot

IRL, Indy 500: Consistent Goodyear Takes Over Top Spot

IRL, Indy 500: Consistent Goodyear Takes Over Top Spot ... Continue reading

IRL, Indy 500: Greg Ray Practice Notes

IRL, Indy 500: Greg Ray Practice Notes

IRL, Indy 500: Greg Ray Practice Notes ... Continue reading

IRL, Indy 500: Haley McGee in Good Condition, Moved to Rehab Unit

IRL, Indy 500: Haley McGee in Good Condition, Moved to Rehab Unit

IRL, Indy 500: Haley McGee in Good Condition, Moved to Rehab Unit ... Continue reading

IRL, Indy 500: Infiniti Indy Practice Report

IRL, Indy 500: Infiniti Indy Practice Report

IRL, Indy 500: Infiniti Indy Practice Report ... Continue reading

IRL, Indy 500: Pennzoil Panther Racing Practice Notes

IRL, Indy 500: Pennzoil Panther Racing Practice Notes

IRL, Indy 500: Pennzoil Panther Racing Practice Notes ... Continue reading

IRL, Indy 500: Pennzoil Racing Team Practice Notes, Day 3

IRL, Indy 500: Pennzoil Racing Team Practice Notes, Day 3

IRL, Indy 500: Pennzoil Racing Team Practice Notes, Day 3 ... Continue reading

IRL, Indy 500: Robbie Gordon Practice Notes

IRL, Indy 500: Robbie Gordon Practice Notes

IRL, Indy 500: Robbie Gordon Practice Notes ... Continue reading

IRL, Indy 500: Team Cheever Practice Notes

IRL, Indy 500: Team Cheever Practice Notes

IRL, Indy 500: Team Cheever Practice Notes ... Continue reading

Jeep(R) Commander Says Plenty About Computer Technology

Jeep(R) Commander Says Plenty About Computer Technology

The Commander, DaimlerChrysler's concept sport-utility vehicle, features technology to read and send e-mail, set up appointments and activate the vehicle's security system -- all with the sound of a voice. ... Continue reading

Johnson Controls Declares Cash Dividend

Johnson Controls Declares Cash Dividend

The Board of Directors of Johnson Controls, Inc. declared a regular quarterly cash dividend of $0.25 per common share. The dividend is payable June 30, 1999 to shareholders of record June 11, 1999. ... Continue reading

Land Rover Lake Bluff Wins Entry Into Land Rover TReK '99 Finals

Land Rover Lake Bluff Wins Entry Into Land Rover TReK '99 Finals

A three-member team representing Land Rover Lake Bluff qualified to compete in the final round of Land Rover TReK '99, the annual inter-retailer competition. ... Continue reading

Lear Corporation Issues Senior Notes

Lear Corporation Issues Senior Notes

Lear Corporation announced that it has issued $1.4 billion aggregate principal amount of senior notes. ... Continue reading

Mazda Supports National Effort to Buckle up Children

Mazda Supports National Effort to Buckle up Children

Mazda pledged its official support of a national mobilization this Memorial Day week to protect children by stepping up enforcement of child passenger safety laws. ... Continue reading

Metallic Power's New Zinc/Air Fuel Cell Makes Clean Power Practical

Metallic Power's New Zinc/Air Fuel Cell Makes Clean Power Practical

Metallic Power is introducing zinc/air fuel cells as the solution for quiet, reliable zero-emission electric power that totally recycles its fuel and charges in five minutes. ... Continue reading

Mobil Announces Start of Production from the Norwegian Sea

Mobil Announces Start of Production from the Norwegian Sea

Mobil Corporation announced the start of production from the world's largest subsea development, the Asgard Unit in the Norwegian Sea. ... Continue reading

Modifications to Wheel Fences Planned at SMI Facilities

Modifications to Wheel Fences Planned at SMI Facilities

In preparation for other Indy Racing League events currently scheduled at its speedways and to further enhance spectator safety, Speedway Motorsports officials announced plans to modify existing wheel fences, including a6ftextension in height. ... Continue reading

NASCAR BGN: Oakwood Homes and Ken Schrader Return to Site of First Race Together

NASCAR BGN: Oakwood Homes and Ken Schrader Return to Site of First Race Together

NASCAR BGN: Oakwood Homes and Ken Schrader Return to Site of First Race Together ... Continue reading

NASCAR WCUP: 'All-Star' event or not, former champion Michael Waltrip says Winston is all-out race

NASCAR WCUP: 'All-Star' event or not, former champion Michael Waltrip says Winston is all-out race

NASCAR WCUP: 'All-Star' event or not, former champion Michael Waltrip says Winston is all-out race ... Continue reading

NASCAR WCUP: Two Move In, One Moves Up

NASCAR WCUP: Two Move In, One Moves Up

NASCAR WCUP: Two Move In, One Moves Up ... Continue reading

National Auto Finance Company, Inc. Announces 1998 and First Quarter 1999 Results

National Auto Finance Company, Inc. Announces 1998 and First Quarter 1999 Results

National Auto Finance Company, Inc. announced that it filed its 1998 Annual Report on Form 10-K yesterday, which reflects a loss of $33.7 million or $(3.73) per share for the year ended December 31, 1998. ... Continue reading

NHRA: Battle of Speed Returns to Mopar Parts Nationals

NHRA: Battle of Speed Returns to Mopar Parts Nationals

NHRA: Battle of Speed Returns to Mopar Parts Nationals ... Continue reading

No More End of Lease Surprises for Dings and Scrapes

No More End of Lease Surprises for Dings and Scrapes

Revolutionizing the auto industry, Chase Auto Finance, a division of The Chase Manhattan Bank is the first auto finance company to offer a No Excess Wear and Tear Lease. ... Continue reading

Ohio State Optimistic About Chances for IRP in Electric Car

Ohio State Optimistic About Chances for IRP in Electric Car

Ohio State Optimistic About Chances for IRP in Electric Car ... Continue reading

Precision Auto Care, Inc. Announces Third Quarter Results

Precision Auto Care, Inc. Announces Third Quarter Results

Precision Auto Care, Inc. announced that the Company reported revenues of $10.7 million and a net loss of $5.6 million, or $0.92 loss per share, for the quarter ended March 31, 1999. ... Continue reading

Proxicom and Giggo.com Launch New & Innovative Auto Financing Web Site

Proxicom and Giggo.com Launch New & Innovative Auto Financing Web Site

Proxicom, Inc., a leading Internet consulting and development company, and Giggo.com announced the launch of the first online auto financing portal that focuses on simplifying the car buying process. ... Continue reading

Ralph Hoar & Associates: Don't Park in Your Garage, Ford Owners Warned

Ralph Hoar & Associates: Don't Park in Your Garage, Ford Owners Warned

Owners of 1992 and 1993 Lincoln Town Cars, Mercury Marquis and Ford Crown Victorias should not park their cars in their garages or near other structures, warns Ralph Hoar & Associates, an Arlington, VA auto safety consulting firm. ... Continue reading

Rand Cam Transmission Pump Production Packaging Model Underway

Rand Cam Transmission Pump Production Packaging Model Underway

Reg Technologies, Inc. and its US subsidiary REGI U.S., Inc. announced that the Company is proceeding to build and test the Rand Cam(TM) pump in high volume transmission applications. ... Continue reading

Rent-A-Wreck Announces Payoff of All Dividend Arrearages

Rent-A-Wreck Announces Payoff of All Dividend Arrearages

Rent-A-Wreck of America, Inc. announced that it has paid off all dividend arrearages on its convertible preferred shares. The total amount of arrearages was $146,915. ... Continue reading

SI Technologies to Combine Like Business Units and Restructure Operations

SI Technologies to Combine Like Business Units and Restructure Operations

SI Technologies, Inc. announced a consolidation of business units and a restructuring of operations designed to significantly increase operating efficiencies in the future. ... Continue reading

S&P Revises Watch Implic on Breed Technologies to Dev

S&P Revises Watch Implic on Breed Technologies to Dev

Standard & Poor's lowered its corporate credit and bank loan ratings on Breed Technologies Inc. to single-'B'-minus from single-'B'-plus. ... Continue reading

Sprints/Stocks: Humphrey & Hobbs Climb into Point Lead

Sprints/Stocks: Humphrey & Hobbs Climb into Point Lead

Sprints/Stocks: Humphrey & Hobbs Climb into Point Lead ... Continue reading

The Timken Company Recognizes Associates Worldwide for Dedication to Excellence

The Timken Company Recognizes Associates Worldwide for Dedication to Excellence

The Timken Company announced the recipients of its highest corporate distinction, the Dedication to Excellence Award. ... Continue reading

Two Dana Divisions Receive GM's Supplier of the Year Award

Two Dana Divisions Receive GM's Supplier of the Year Award

Dana Corporation's Albarus Spicer Elastomers and FTE Automotive divisions have received General Motors' Supplier of the Year Award for the fourth consecutive year. ... Continue reading

UnitedAuto Expands Presence in San Diego

UnitedAuto Expands Presence in San Diego

UnitedAuto Group, Inc., the nation's second largest publicly- traded automotive retailer, confirmed the completion of the acquisition of San Diego-based Colonial Ford, Inc. ... Continue reading

USAC: Tracy Hines 1st to Try to Match Vogler, Hewitt Record

USAC: Tracy Hines 1st to Try to Match Vogler, Hewitt Record

USAC: Tracy Hines 1st to Try to Match Vogler, Hewitt Record ... Continue reading

Viasystems, Inc. Reports Results for 1999 First Quarter

Viasystems, Inc. Reports Results for 1999 First Quarter

Viasystems, Inc. and its wholly owned subsidiaries today announced financial results for the first quarter ending March 31, 1999. ... Continue reading

Williams Controls Awarded Electronic Throttle Control Business For Corvette

Williams Controls Awarded Electronic Throttle Control Business For Corvette

Williams Controls, Inc. announced that it has been awarded a contract to manufacture electronic throttle controls for the Chevrolet Corvette, one of the most electronically sophisticated automobiles built in the United States. ... Continue reading

Winston Cup Race Car Giveaway

Winston Cup Race Car Giveaway

Winston Cup Race Car Giveaway ... Continue reading

WoO: Unfinished Outlaw Business in Bloomington

WoO: Unfinished Outlaw Business in Bloomington

WoO: Unfinished Outlaw Business in Bloomington ... Continue reading

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