Tuesday, February 2, 1999

American Technologies Signs a Memorandum of Intent With Boronia

American Technologies Group, Inc. announced that it has signed a memorandum of intent with Boronia, Ltd., to grant Boronia exclusive worldwide rights to manufacture and distribute American Technologies' bulk fuel catalyst. ... Continue reading

Audi Kicks Year Off With Best January Since 1986

Audi of America, Inc. reported U.S. sales of 3,435 for the month of January, representing a 27.4 percent increase over the same month last year when sales were 2,696. ... Continue reading

AutoBond Acceptance Corporation Reports January Volume

AutoBond Acceptance Corporation is pleased to report finance contract acquisition volume of $20 million for January, 1999. This compares favorably with an average of $14 million per month in the fourth quarter, 1998. ... Continue reading

Auto Network Group, Inc. Announces Expansion Into Oregon

Auto Network Group, Inc. announced that in the continuation of the Company's strategic growth plan, it has signed a letter of intent with Deschutes Auto Wholesale out of Bend, Oregon. ... Continue reading

Auto Retailing on the Web Conference - May 5 through 7, 1999

As the number and quality of Internet-originated auto sales increases, the need for more up-to-date information multiplies. ... Continue reading

BancBoston Robertson Stephens Reiterates Buy on Lithia Motors Inc.

BancBoston Robertson Stephens senior automobile services/financial services analyst Jordan Hymowitz maintained his Buy rating on Lithia Motors Inc. ... Continue reading

BAT Subsidiary, SSPC, Forms Joint Venture with Anuvu

BAT International's subsidiary, Southern States Power Co. has formed a joint venture with Anuvu, Inc. to complete development and demonstration of an advanced proton exchange membrane fuel cell. ... Continue reading

Cellular Telephone Pioneer Honored by SAE

The Society of Automotive Engineers will honor T. Russell Shields, chairman, Navigation Technologies Inc., Sunnyvale, California, with its SAE/Delco Intelligent Transportation Systems Award. ... Continue reading

Chancellor Acquires Tomahawk Truck & Trailer Sales

Chancellor Asset Management, Inc. completed the acquisition of Atlanta-based Tomahawk Truck & Trailer Sales, Inc. and all of its affiliated entities. ... Continue reading

Delphi Automotive Systems to Open Wholly-Owned Facility in Morocco

Delphi Automotive Systems Packard Electric Division will open a wholly-owned facility in February here for the production and assembly of wiring harnesses. ... Continue reading

'Do The Buckle' Campaign in The Florence Area

The campaign, called "Do the Buckle," features a fleet of colorful Chrysler, Dodge and Plymouth minivans traveling the country carrying safety messages to schools, malls, childcare centers, and local events. ... Continue reading

'Do the Buckle' Campaign in The Gainesville Area

The campaign, called "Do the Buckle," features a fleet of colorful Chrysler, Dodge and Plymouth minivans traveling the country carrying safety messages to schools, malls, childcare centers, and local events. ... Continue reading

Excelsior-Henderson Sends Shipment of First Revenue 1999 Super X

Excelsior-Henderson Motorcycle Manufacturing Company announced that on Saturday, January 30, 1999, it shipped the first revenue 1999 Super X(TM) motorcycle to one of the dealers in the Excelsior-Henderson national dealer network. ... Continue reading

Exide Announces Third-Quarter Cash Dividend

Members of the Exide Corporation Board of Directors have voted a corporate cash dividend of $.02 (two cents) per share of common stock payable March 4, 1999, to shareholders of record on February 22, 1999. ... Continue reading

Exide Reports Third Quarter Fiscal 1999 Results

Exide Corporation, the world's leading manufacturer of lead- acid batteries, reported fiscal third-quarter results below the anticipated results announced last month. This deviation is due solely to a legal decision rendered late last week. ... Continue reading

Ford Motor Company's U.S. Sales Up 8% in January

U.S. consumers purchased or leased 261,414 cars and trucks from Ford, Mercury, Lincoln, and Jaguar dealers in January, up eight percent from a year ago. Truck sales climbed 20 percent and set a January sales record. ... Continue reading

Freudenberg-NOK Recognized as Full Service Supplier by Ford

After meeting or exceeding stringent Ford guidelines in service, quality, delivery and technical support, Freudenberg- NOK has recently received Full Service Supplier recognition from Ford Motor Co. ... Continue reading

Future Transportation Concept Arrives at the Automotive Hall of Fame

Keyless, electric, and intelligent describe Honda's transportation system of the future -- the Intelligent Community Vehicle System (ICVS) -- made up of electric and hybrid vehicles and their management system. ... Continue reading

Goodyear Takes Lead on Severe Snow Conditions

The Goodyear Tire & Rubber Co. announced that it would take the industry lead in designating its new winter tire lines for use in severe snow conditions. ... Continue reading

Hertz Builds Nationwide Truck and Van Rental Network

The Hertz Corporation, the global car rental giant, is building a network of truck and van rental locations across the U.S. based on the moving and mobility needs of American households and the needs of small to medium-size businesses. ... Continue reading

Iacocca Affirms Market for Electric Bikes

Automotive marketing visionary Lee Iacocca, father of the Mustang and the minivan, believes there will be a growing market for electric bikes. ... Continue reading

IRL: Indy Racing League Drivers Star as Road Warriors in Rolex 24

IRL: Indy Racing League Drivers Star as Road Warriors in Rolex 24 ... Continue reading

Land Rover Reports January 1999 Sales

Land Rover North America, Inc. reported January 1999 sales of 1790 units, the second strongest January in company history. ... Continue reading

Lawsuit Filed Against Ford for Death of New Jersey Pregnant Woman

A multi-million dollar lawsuit was filed in U.S. District Court for the District of New Jersey by the Doylestown, Pa. law firm of Mellon, Webster & Mellon, on behalf of Eric V. Thomas, DMD, the estate of his wife, Tracy Rose Thomas, and their daughter. ... Continue reading

NASCAR: Planters Becomes the 'Official Snack of NASCAR'

NASCAR: Planters Becomes the 'Official Snack of NASCAR' ... Continue reading

NMMI Rewards AP Technoglass Quality Teamwork

Automotive glass supplier AP Technoglass took two top quality awards home to its Elizabethtown, Kentucky fabricating plant after the 1998 NMMC Supplier Quality Awards Ceremony held November 17 at the Renaissance Nashville Hotel. ... Continue reading

North American Tire Manufacturers Develop Tires For Snow Conditions

North American tire manufacturers who are members of the Rubber Manufacturers Association and/or the Rubber Ass. of Canada announced today a voluntary industry definition for passenger and light-truck tires for use in severe snow conditions. ... Continue reading

Oshkosh Truck Corporation Adopts Shareholder Rights Plan

Oshkosh Truck Corporation announced that its Board of Directors adopted a Shareholder Rights Plan. ... Continue reading

PACCAR Earnings Surge 21 Percent on Record Sales

PACCAR's sales and earnings accelerated to record levels in 1998 due to exceptional demand for its products in Europe and North America as strong industry sales continued into their sixth year. ... Continue reading

Paulson Investment Co. Issues Report On Hometown Auto Retailers, Inc.

Michael Maxfield, an analyst with Paulson Investment Co. issued a report on Hometown Auto Retailers, Inc. ... Continue reading

Pep Boys Announces Final Results of Self-tender Offer

The Pep Boys - Manny, Moe & Jack announced the final results of its "Dutch Auction" issuer tender offer. ... Continue reading

Plug Power Breaks New Ground in Automotive Fuel Cells

Plug Power announced that it has demonstrated to Ford Motor Company an advanced automotive fuel cell system responsive to actual vehicle power requirements. ... Continue reading

PPG Receives CIO Award for `IT' Application in Forming Business

CIO magazine tonight presents an Enterprise Value Award to PPG Industries for creating business value with information technology in successfully launching its insurance claims processing subsidiary, LYNX Services From PPG. ... Continue reading

Prestolite Appoints Gasper Buffa President, CEO

Gasper Buffa, Jr., a senior operating executive with extensive global experience in the automotive and lighting industries, has been appointed president and chief executive officer of Prestolite Wire Corporation. ... Continue reading

Production Capacity Improved with Restructuring of Facilities

Laforza Automobiles, Inc. announced the addition of a new team leader for vehicle production. ... Continue reading

Rouge Steel Production Disruption

Rouge Industries, Inc. reported that an explosion and fire at the Rouge Complex Powerhouse on February 1, 1999 resulted in the loss of electricity, steam and other utilities to virtually all of the facilities of its major operating subsidiary. ... Continue reading

Saab Announces Best January Sales Since 1987

Saab Cars USA, Inc., the U.S. importer and distributor of Saab 9-3 and 9-5 automobiles, announced sales of 2,774 units during January 1999, a hefty 194% increase over January 1998 (945 units sold). ... Continue reading

Southern States Power is Approved to Trade by NASD

Southern States Power Company announces that it has been approved for trade as a publicly-traded stock by the NASD. Its stock symbol is SSPC. ... Continue reading

Subaru Announces January Sales Figures

Subaru of America, Inc. (SOA) announced its January sales figures. Subaru recorded a sales total of 9,831 units for the month, its best January retail sales month in 11 years. ... Continue reading

SunTrust Lands Deal With Discount Auto Parts

SunTrust Bank Central Florida, N.A., has signed a contract to handle all merchant services banking for Discount Auto Parts. The bank will process all credit card and debit card transactions for the company's 530-plus stores. ... Continue reading

The First Taxi With Zero Emissions to be Introduced to New York City

Zevco will announce a deal with EVX to build a manufacturing plant in New York City. ... Continue reading

Thor Announces Record Sales for Quarter, Half

Thor Industries, Inc. announced record preliminary sales for the quarter ended January 31, 1999 of $165.8 million, up 23% from $134.5 million last year. Sales for the 6 months were a record $355 million, up 18% from $300 million last year. ... Continue reading

Tower Automotive, Inc. Announces Increased Q4 and Year-End Results

Tower Automotive, Inc. announced increased operating results for the fourth quarter and year ended December 31, 1998. ... Continue reading

Trans-Atlantic Joint Venture to Build Zero-Emission Vehicles In New York City

A joint venture to build non-polluting electric vehicles in New York City was announced today in Manhattan by the British/Belgian company Zevco and the U.S. company EVX. ... Continue reading

Twin Disc, Inc., Completes Acquisition of Technodrive S.p.A.

Twin Disc, Inc., reported that it has completed the previously announced acquisition of Technodrive S.p.A. of Decima, Italy. ... Continue reading

Two Roadway Drivers From Meridian Recognized

Two professional drivers from the Roadway Express facility in Meridian, Miss., are being honored for individually driving at least 4,000,000 miles -- the equivalent of 160 times around the Earth's equator -- without a preventable accident. ... Continue reading

Uniprime Capital Acceptance Announces Major Leasing Agreement

Uniprime Capital Acceptance, Inc. announced that it has concluded a major agreement with a West Coast based nation-wide leasing organization to provide lease financing to retail automotive dealerships throughout the United States. ... Continue reading

USAC : Coors Light Silver Bullets Resume in Phoenix 'Copper World'

USAC : Coors Light Silver Bullets Resume in Phoenix 'Copper World' ... Continue reading

USAC Midgets: Leffler Opens Title Defense at Phoenix

USAC Midgets: Leffler Opens Title Defense at Phoenix ... Continue reading

USRRC: Dyson Captures Second Rolex 24 at Daytona, Porche Dominates GT3

USRRC: Dyson Captures Second Rolex 24 at Daytona, Porche Dominates GT3 ... Continue reading

Volkswagen Reports January Sales Up 45.2 Percent

Volkswagen of America, Inc.reported its best January sales results since 1986. For the month, Volkswagen sold 16,149 new cars, which represents a 45.2 percent increase over last year's January figure of 11,119. ... Continue reading

WoO: NAPA to Sponsor World of Outlaws' Heat Races

WoO: NAPA to Sponsor World of Outlaws' Heat Races ... Continue reading

WoO: World of Outlaws to Open Season at Kings Speedway

WoO: World of Outlaws to Open Season at Kings Speedway ... Continue reading

Workhorse Launches 'One-Stop' Motor Home Service at Lazy Days

Workhorse Custom Chassis launched its revolutionary "one-stop" service network of RV dealers at Lazy Days RV Super Center, the largest RV dealership in the world. ... Continue reading