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July 1999

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Monday, July 19, 1999

Airtech Makes Strong Entry in Van Conversion Market

Airtech Makes Strong Entry in Van Conversion Market

Airtech International Group, Inc., announced the commencement of installations with Trailmaster Inc. for the new Airsopure Model S-999 Auto Air Purification System on all its year 2000 custom conversion vans, beginning August 1999. ... Continue reading

AK Steel Commences Consent Solicitation

AK Steel Commences Consent Solicitation

AK Steel announced that it has commenced a consent solicitation with respect to proposed amendments to the Indentures governing its 9-1/8% Senior Notes due 2006. ... Continue reading

Allegheny Teledyne Completes Sale of McCormick Selph Ordnance Unit

Allegheny Teledyne Completes Sale of McCormick Selph Ordnance Unit

Allegheny Teledyne Incorporated announced that it has completed the previously announced sale of the McCormick Selph Ordnance business unit to McCormick Selph, Inc., a California corporation affiliated with J. F. Lehman & Company. ... Continue reading

Alliance Adds 11th Automaker With Isuzu Membership

Alliance Adds 11th Automaker With Isuzu Membership

The Alliance of Automobile Manufacturers announced that Isuzu Motors America, Inc. has joined as the eleventh member of the association. ... Continue reading

AMA: Chandler Back on Form, Mladin Extend Point Lead at Mid-Ohio Superbike Tour

AMA: Chandler Back on Form, Mladin Extend Point Lead at Mid-Ohio Superbike Tour

NEWS AND NOTES FROM AMA PRO RACING MBNA SUPERBIKE TOUR, MID-OHIO SPORTS CAR COURSE, ... Continue reading

American Axle & Manufacturing Announces New Steering Linkage Business with Nissan

American Axle & Manufacturing Announces New Steering Linkage Business with Nissan

American Axle & Manufacturing, Inc. has announced that it will begin production next month of steering linkages for a new customer, Nissan Motor Manufacturing Corporation, for its Frontier pick-up truck for the 2000 model year. ... Continue reading

AMETEK Second Quarter Sets Records For Operating Income and EPS

AMETEK Second Quarter Sets Records For Operating Income and EPS

AMETEK Inc. announced second quarter 1999 earnings per share reflecting an all-time quarterly record for operating income and EPS. ... Continue reading

Arvin Reports Best Quarter in Company History

Arvin Reports Best Quarter in Company History

Arvin Industries, Inc. reported record sales and earnings for its fiscal second quarter of 1999. Sales were $839 million versus $643 million in the same quarter of 1998, an increase of 30 percent. ... Continue reading

AutoBond Announces New Origination Agreement

AutoBond Announces New Origination Agreement

AutoBond Acceptance Corporation, listed on the Amex under the symbol ABD, is pleased to announce that it has entered into an agreement to originate retail installment contracts on behalf of a finance company. ... Continue reading

Auto Club Adds New Insurance Services

Auto Club Adds New Insurance Services

The Automobile Club of Southern California has expanded its insurance services to include small businesses, rental properties, mobile homes, collector cars and large watercraft. ... Continue reading

BancBoston Robertson Stephens Raises Estimates, Reiterates Buy Rating on TWR

BancBoston Robertson Stephens Raises Estimates, Reiterates Buy Rating on TWR

BancBoston Robertson Stephens managing director and senior industrial growth analyst Michael R. Mach raised estimates and reiterated his Buy rating on Tower Automotive, Inc. ... Continue reading

BAT to File Registration Documents As Required by the SEC in September

BAT to File Registration Documents As Required by the SEC in September

BAT International's plans to file all required Securities and Exchange Commission (SEC) documents in September as required by new Over the Counter (OTC) stock reporting requirements. ... Continue reading

CART: Franchitti Wins in Toronto, Becomes 8th Different Winner in 11 FedEx Championship Series Events

CART: Franchitti Wins in Toronto, Becomes 8th Different Winner in 11 FedEx Championship Series Events

CART: Franchitti Wins in Toronto, Becomes 8th Different Winner in 11 FedEx Championship Series Events ... Continue reading

CART: Molson Indy CART FedEx Championship Race Results

CART: Molson Indy CART FedEx Championship Race Results

CART: Molson Indy CART FedEx Championship Race Results ... Continue reading

CART: Molson Indy Post Race Notes, Adrian Fernandez

CART: Molson Indy Post Race Notes, Adrian Fernandez

CART: Molson Indy Post Race Notes, Adrian Fernandez ... Continue reading

CART: Molson Indy Post Race Notes, Bryan Herta

CART: Molson Indy Post Race Notes, Bryan Herta

CART: Molson Indy Post Race Notes, Bryan Herta ... Continue reading

CART: Molson Indy Post Race Notes, Christian Fittipaldi

CART: Molson Indy Post Race Notes, Christian Fittipaldi

CART: Molson Indy Post Race Notes, Christian Fittipaldi ... Continue reading

CART: Molson Indy Post Race Notes, Michael Andretti

CART: Molson Indy Post Race Notes, Michael Andretti

CART: Molson Indy Post Race Notes, Michael Andretti ... Continue reading

CIMLOGIC Toolbox Line Certified for SolidWorks 99

CIMLOGIC Toolbox Line Certified for SolidWorks 99

Two of the CIMLOGIC(TM) Toolbox series of electromechanical add- ons have passed the SolidWorks(R) 99 Plus Gold Logo certification testing, the highest standard set by SolidWorks for applications developers. ... Continue reading

CON-WAY Announces New Director of Credit and Collections

CON-WAY Announces New Director of Credit and Collections

Keith W. Burnett, a 20-year veteran of the motor carrier industry has joined Con-Way Transportation Services as director of credit and collections. ... Continue reading

Cooper Industries Establishes Global Tools Enterprise

Cooper Industries Establishes Global Tools Enterprise

Cooper Industries announced that it will be consolidating all operations of its power tools and hand tools divisions into one global business unit to be known as CooperTools. ... Continue reading

Dana Corporation to Sell Australian Truckline Parts Centres

Dana Corporation to Sell Australian Truckline Parts Centres

Dana Corporation announced plans to sell its Australian Truckline Parts Centres businesses. ... Continue reading

Dana Corporation to Sell Sierra Aftermarket Operations

Dana Corporation to Sell Sierra Aftermarket Operations

Dana Corporation announced plans to sell its Sierra International, Inc., aftermarket marine and power equipment parts operations. ... Continue reading

Delphi's Q2 Results Driven by Volumes and Portfolio Management

Delphi's Q2 Results Driven by Volumes and Portfolio Management

Driven by strong revenue growth, the favorable impact of the strategic sale of underperforming assets in 1998, andcontinuing significant cash flow, Delphi Automotive Systems reported second quarter earnings of $394 million. ... Continue reading

Drag Racing Tonight

Drag Racing Tonight

Drag Racing Tonight ... Continue reading

Durel Achieves QS9000 Registration, Reaffirms Commitment To Automotive Industry

Durel Achieves QS9000 Registration, Reaffirms Commitment To Automotive Industry

An important milestone for Durel was announced by Chris Shol, Sr. Sales and Marketing Manager, Durel Corporation. ... Continue reading

Dyna Group International Announces Earnings for Second Quarter 1999

Dyna Group International Announces Earnings for Second Quarter 1999

Dyna Group International announced earnings from operations for the second quarter ended June 30, 1999. ... Continue reading

Eaton Reports Record Sales and Earnings Per Share

Eaton Reports Record Sales and Earnings Per Share

Eaton Corporation announced record sales and earnings per share for the second quarter of 1999. Sales in the quarter were $2.30 billion, 34 percent above the second quarter of 1998. ... Continue reading

F2000: Rikert Takes First Win in U.S. F2000 Nortel Networks Dash

F2000: Rikert Takes First Win in U.S. F2000 Nortel Networks Dash

F2000: Rikert Takes First Win in U.S. F2000 Nortel Networks Dash ... Continue reading

FMDRS: Bowen, Cheeseman are Champs at Quaker City

FMDRS: Bowen, Cheeseman are Champs at Quaker City

FMDRS-Quaker City Dragway, Salem, Ohio--Sunday Finals ... Continue reading

Honda CBR600 V Kawasaki Ninja 600 (1999)

Honda CBR600 V Kawasaki Ninja 600 (1999)

HONDA CBR600 V KAWASAKI NINJA 600 (1999) ... Continue reading

Honda Motor Company Leads the Industry with 3 Residual Value Awards

Honda Motor Company Leads the Industry with 3 Residual Value Awards

Automotive Lease Guide, the automotive industry's benchmark for residual value forecasting, announced the inaugural Residual Value Awards. ... Continue reading

IPSCO Inc. Announces 2nd Quarter Financials

IPSCO Inc. Announces 2nd Quarter Financials

IPSCO Inc. announced that its second quarter net income was $16.1 million, down one percent from the first quarter and down 13 percent from the $18.5 million earned in the second quarter last year. ... Continue reading

IRL: Steve Knapp Suffers Broken Back in IRL Crash at Atlanta

IRL: Steve Knapp Suffers Broken Back in IRL Crash at Atlanta

IRL: Steve Knapp Suffers Broken Back in IRL Crash at Atlanta ... Continue reading

Isolyser Announces Alliance and License Agreement With R.J. Hanlon

Isolyser Announces Alliance and License Agreement With R.J. Hanlon

Isolyser Company, Inc. announced the signing of a Strategic Alliance and License Agreement with R.J. Hanlon Company, Inc. ... Continue reading

Large Auto Companies Driving Fast to Link Systems With Supply Chain Partners

Large Auto Companies Driving Fast to Link Systems With Supply Chain Partners

A new study released found that large auto companies are linking their systems with supply chain partners as a way to enhance information flow and drive better integration between product design and delivery. ... Continue reading

Laverda 750S Formula (1999)

Laverda 750S Formula (1999)

Laverda 750S Formula (1999) ... Continue reading

Mannesmann Sachs Sells Sintermetal to MIBA

Mannesmann Sachs Sells Sintermetal to MIBA

Mannesmann Sachs, a world-wide leading supplier to the automotive industry, sells its Spanish business unit Sintermetal S.A. to the Austrian group MIBA. ... Continue reading

NASCAR WCUP: Jimmy Spencer Ready for Return to Pocono

NASCAR WCUP: Jimmy Spencer Ready for Return to Pocono

NASCAR WCUP: Jimmy Spencer Ready for Return to Pocono ... Continue reading

NHRA: Coughlin Brother's Do It Again-Third All-JEG'S Final, Second In Two Weeks

NHRA: Coughlin Brother's Do It Again-Third All-JEG'S Final, Second In Two Weeks

Coughlin Brother's Do It Again-Third All-JEG'S Final, Second In Two Weeks ... Continue reading

NVLA Executive Director Accepts Top Position at IADMA

NVLA Executive Director Accepts Top Position at IADMA

The Internet Auto Dealers Marketing Association (IADMA) announced that Rodney J. Couts will be the organization's executive director. ... Continue reading

Potok Named President of Norgren Automotive Group

Potok Named President of Norgren Automotive Group

Factory automation veteran Guy Potok has been named president of the Norgren Automotive Group (also known as ISI Norgren, Inc.). ... Continue reading

PPG'S Hepper Elected VP, Automotive Refinish

PPG'S Hepper Elected VP, Automotive Refinish

Douglas C. Hepper has been elected vice president of automotive refinish at PPG Industries. He had been general manager of the unit, one of PPG's largest and fastest-growing global strategic business units, since 1997. ... Continue reading

Prolong International Corp. Initiates Measures to Enhance Profitability

Prolong International Corp. Initiates Measures to Enhance Profitability

Prolong International Corp. announced that it has initiated measures designed to improve future profitability in the face of an anticipated second-quarter loss of approximately $1.6 million on expected revenues of approximately $12 million. ... Continue reading

RALLY: Radstrom retires on final leg of Rally New Zealand

RALLY: Radstrom retires on final leg of Rally New Zealand

Radstrom retires on final leg of Rally New Zealand ... Continue reading

Salesperson Turnover at New-Vehicle Dealerships Declines

Salesperson Turnover at New-Vehicle Dealerships Declines

The salesperson turnover rate at the nation's franchised new- vehicle dealerships dropped to 43 percent last year, according to the National Automobile Dealers Association. ... Continue reading

SmarTire Appoints Ross Autotronics for UK Distribution

SmarTire Appoints Ross Autotronics for UK Distribution

SmarTire Europe Limited, a subsidiary of SmarTire Systems Inc., has appointed Ross Autotronics as a distributor for the automotive security aftermarket in the United Kingdom (UK). ... Continue reading

SRT Group Announces Major Agreement with National Power PLC

SRT Group Announces Major Agreement with National Power PLC

SRT Group, Inc. announced it has finalized a cooperative agreement with National Power PLC to develop a low-cost reversible fuel cell for its hydrogen production and electrical energy-storage system. ... Continue reading

The Timken Company Reports Second Quarter and First Half Results

The Timken Company Reports Second Quarter and First Half Results

The global market weakness that hit most manufacturing industries a year ago continued to negatively impact sales and earnings for both the second quarter and the first half ended June 30. ... Continue reading

Third-Party Logistics Pro, David W. Jeffrey, Joins TRW

Third-Party Logistics Pro, David W. Jeffrey, Joins TRW

TRW's Logistics Execution Solutions unit, a leading supplier of warehouse management systems (WMS) and complementary logistics execution systems, announced the appointment of David W. Jeffrey as Managing Director of TRW's Sydney office. ... Continue reading

Thrifty Adds 44 International Locations

Thrifty Adds 44 International Locations

Thrifty Car Rental is solidifying its global presence with the addition of 44 new locations in the United Kingdom, Mexico, and eight other European, Middle Eastern, Latin American, Caribbean and South Pacific countries. ... Continue reading

Top Source Receives $500,000 From Onkyo America

Top Source Receives $500,000 From Onkyo America

Top Source Technologies, Inc. announced that NCT Audio Inc.'s exclusive right to purchase the assets of Top Source Automotive, Inc. expired on July 15, 1999 as a result of NCT Audio's inability to obtain financing for the transaction. ... Continue reading

TRACKS: Elkins Gets Third Win of the Year at Auburndale Speedway

TRACKS: Elkins Gets Third Win of the Year at Auburndale Speedway

TRACKS: Elkins Gets Third Win of the Year at Auburndale Speedway ... Continue reading

TRACKS: Hiers Disqualified as Osteen Wins, Moore Collects Bounty at St. Augustine

TRACKS: Hiers Disqualified as Osteen Wins, Moore Collects Bounty at St. Augustine

TRACKS: Hiers DQ as Osteen Wins, Moore Collects Bounty at St. Augustine ... Continue reading

TRACKS: Young Gun is Top Gun at Jax Raceways

TRACKS: Young Gun is Top Gun at Jax Raceways

TRACKS: Young Gun is Top Gun at Jax Raceways ... Continue reading

USAC: Bloomstran in 'Guarded' Condition

USAC: Bloomstran in 'Guarded' Condition

USAC: Bloomstran in 'Guarded' Condition ... Continue reading

USAC: MCI WorldCom TQ Midget Car Series Race Results, Ventura

USAC: MCI WorldCom TQ Midget Car Series Race Results, Ventura

USAC: MCI WorldCom TQ Midget Car Series Race Results, Ventura ... Continue reading

USAC: MCI WorldCom Western States Midget Car Series Race Results, Ventura

USAC: MCI WorldCom Western States Midget Car Series Race Results, Ventura

USAC: MCI WorldCom Western Midget Car Series Race Results, Ventura ... Continue reading

USAC/SCCA: F2000 Race Results, Atlanta Georgia

USAC/SCCA: F2000 Race Results, Atlanta Georgia

USAC/SCCA: F2000 Race Results, Atlanta Georgia ... Continue reading

Vetronix Corp. to Introduce Revolutionary Wireless In-Vehicle Fleet Monitoring System

Vetronix Corp. to Introduce Revolutionary Wireless In-Vehicle Fleet Monitoring System

Vetronix Corp. announced its plans to introduce REVIEW, its wireless in-vehicle monitoring system for fleet management applications, July 18-23 at CA World 1999, CA's annual, global business software conference in New Orleans. ... 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 101,070 units, up from the 92,877 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

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