American Standard Companies Inc. Reports Q3 Per Share Earnings
American Standard Companies Inc. announced that third quarter 1998 diluted per share earnings were $.87 (before restructuring charges), an increase of 16% over diluted per share earnings of $.75 in 1997. ... Continue reading
AMETEK's Continuing Operations Increase Third Quarter Earnings
AMETEK, Inc. announced that third quarter 1998 after-tax income from continuing operations totaled $14.1 million, up 9% from $12.9 million in the 1997 third quarter. ... Continue reading
AMI Consortium Formed to Define Common Vehicle Standards
A consortium of leading automotive companies announced its plans to define the industry's first set of interface standards for automotive information, communications, and entertainment systems. ... Continue reading
ARCA: Gibson, Witham & Studt Take ARCA Touring Titles
ARCA: Gibson, Witham & Studt Take ARCA Touring Titles ... Continue reading
A.S.V., Inc. announced another record quarter with its results for the third quarter of 1998. ASV recorded its 15th consecutive quarter of record sales with net sales for the three months ended September 30, 1998 totaling $11,397,903. ... Continue reading
Auto Industries Magazine Provides a Survival Guide for Suppliers
Automotive Industries Magazine has developed the ultimate vehicle for the supplier community to strategize their future survival needs -- the Automotive Supplier Conference. ... Continue reading
Auto Industry's First Speech Recognition Virtual Operator Launched
Registry Magic and JM Lexus announced they have successfully launched the Virtual Operator, the first speech driven auto- attendant to be used within the auto industry. ... Continue reading
Autoliv Starts Joint Venture in Japan
Autoliv Inc., a worldwide leader in automotive safety systems, has entered into an agreement to form a joint venture in Japan with the chemical company NOF for the manufacture of inflators for airbags. ... Continue reading
Automotive Hall of Fame Selects Dana's Morcott
The leader of one of the world's largest independent automotive components suppliers, Southwood J. "Woody" Morcott, of Dana Corporation, has been named the Automotive Hall of Fame's 1998 Automotive Industry Leader of the Year. ... Continue reading
California Volvo Retailers Offer Exclusive Test Drive
You're invited to test drive the new Volvo S80 Luxury Sedan at Private Preview events to be held around the country. Participating retailers will showcase Volvo's new luxury vehicle and offer test drives Oct. 19-24. ... Continue reading
CART: Ganassi Adds F3000 Champ Montoya to Team for 99
CART: Ganassi Adds F3000 Champ Montoya to Team for 99 ... Continue reading
Caterpillar(R) Lift Trucks Continues Record-Breaking Sales
Caterpillar Lift Trucks, riding another year of unprecedented demand for lift trucks in the U.S., Canada and Latin America, has rolled out its largest new product introduction in the company's history. ... Continue reading
CyberTran Roll Out New Concept in Automated Rapid Transit
The CyberTran transportation system--part of a new, automated rapid transit concept--initiates its proof-of-design test program on one mile of track at Alameda Point. ... Continue reading
Dana Corp Posts 30 Percent Gain in Net Income on Record Sales
Dana Corporation posted record third-quarter sales and profits. The quarter was the first in which Dana's financial results included those of the former Echlin Inc., which was merged with a Dana subsidiary in July. ... Continue reading
Dana Synergy Plan Identifies Increased Savings
Dana Corporation announced that its synergies plan for integrating the operations of the former Echlin Inc. into Dana's business should result in greater operational savings than previously estimated. ... Continue reading
Exide Corp. & Exide Holding Europe Put on S&PWatch Negative
Standard & Poor's placed its ratings of Exide Corp. and its unit, Exide Holding Europe S.A., on CreditWatch with negative implications. ... Continue reading
Federal-Mogul Announces Organizational Structure
Gordon A. Ulsh, executive vice president, Worldwide Aftermarket, Federal-Mogul Corporation, announces the new organizational structure for the Worldwide Aftermarket group with the following appointments effective immediately: ... Continue reading
Federal-Mogul Announces Retirement of John F. Collins
Gordon A. Ulsh, executive vice president, Worldwide Aftermarket, Federal-Mogul Corporation announces the retirement of John F. Collins, president, Moog Automotive, effective December 31, 1998. ... Continue reading
FIA GT: Visteon Panoz Team Fights Full Out to the Finish
FIA GT: Visteon Panoz Team Fights Full Out to the Finish ... Continue reading
Fidelity Holdings Retains New York Investment Banking Firm
Fidelity Holdings Inc. has retained the NY investment banking firm of Capital Markets America Inc. as its financial advisor. ... Continue reading
Forrester Forum to Prepare Businesses for the Real-Time Internet Economy
Forrester Research, Inc. announced plans for its upcoming Forrester Forum, "Preparing For Dynamic Trade In The Internet Economy," to be held November 4-6, 1998, at The Westin Hotel Copley Place in Boston. ... Continue reading
General Scanning Announces Resignation of Board Member
Paul Ferrari, Chairman of the Board of General Scanning Inc. announced that Pierre J. Brosens, Sc.D. had tendered his resignation as a Director of the Company. ... Continue reading
Gibraltar Reports Record Third Quarter Sales and Earnings
Gibraltar Steel Corporation reported record sales and earnings for the third quarter and nine months ended September 30, 1998. The Company said it expects to meet or exceed its annual goal of 20 percent top and bottom line growth in 1998. ... Continue reading
IHRA: Alesci Reaches Finals of Sunoco Pro Stock Showdown
IHRA: Alesci Reaches Finals of Sunoco Pro Stock Showdown ... Continue reading
International Automakers' U.S. Capital Investment Reaches $21 Billion
International automakers based in the US have more than doubled their capital investment in this country in the past five years, bringing their total investment here to nearly $21 billion. ... Continue reading
ITT Industries' Q3 Results Show Improved Performance
ITT Industries, Inc. announced third quarter and nine-month 1998 earnings, along with details of new financial reporting segments and an update on its ongoing share repurchase program. ... Continue reading
Jaguar Reveals New S-Type at Birmingham Motor Show
Jaguar today revealed its new luxury sport sedan, the S-TYPE, at the Birmingham Motor Show in England. The S-TYPE will go on sale in North America in the spring of 1999 as Jaguar's first release of the 2000 model year. ... Continue reading
Kia Announces High-Value Prices For 1999
Kia Motors America announced Manufacturer's Suggested Retail Prices for 1999 models, featuring lowered base prices for the popular Sportage sport-utility vehicle. ... Continue reading
Kia Announces Voluntary Recall for Brake Pipe Inspection
Kia announced a voluntary recall of selected 1998 and 1999 Sportage sport-utility vehicles to inspect the clearance between the hydraulic brake pipe and steering intermediate shaft coupling. ... Continue reading
Local Volvo Retailers Offer Exclusive Test Drive of New S80 Luxury Sedan
You're invited to test drive the new Volvo S80 Luxury Sedan at Private Preview events to be held around the country. Participating retailers will showcase Volvo's new luxury vehicle and offer test drives Oct. 19-24. ... Continue reading
Mass. and Conn. Local Volvo Retailers Offer Exclusive Test Drive
You're invited to test drive the new Volvo S80 Luxury Sedan at Private Preview events to be held around the country. Participating retailers will showcase Volvo's new luxury vehicle and offer test drives Oct. 19-24. ... Continue reading
Mitsubishi Forklift Trucks Responds to Industry Changes
Forklift operators are assuming a new role as forklift manufacturers battle for what has become the hottest segment of the material handling industry. ... Continue reading
NASCAR-BGN: Atwood Shines in LYSOL Chevrolet Despite Accident
NASCAR-BGN: Atwood Shines in LYSOL Chevrolet Despite Accident ... Continue reading
NASCAR-BGN: McLaughlin Races to 12th Place Finish in St. Louis
NASCAR-BGN: McLaughlin Races to 12th Place Finish in St. Louis ... Continue reading
NASCAR SJAPS: Query Secures Back-to-Back Greased Lightning All American 400 Wins
NASCAR SJAPS: Query Secures Back-to-Back Greased Lightning All American 400 Wins ... Continue reading
New Siemens Multiplex Module Steers Clear of Heavy Wiring Bundles
Siemens Automotive debuted a new steering column module (SCM) that represents a significant leap forward in the improvement of electrical distribution technology in vehicles. ... Continue reading
NHRA: Capps Wins Fifth, Camaro's Seventh
NHRA: Capps Wins Fifth, Camaro's Seventh ... Continue reading
Oxford Automotive, Inc. Hires New Assistant Treasurer
Oxford Automotive, Inc. recently announced the appointment of Bonnie Luternow as assistant treasurer. In her new position, Luternow will be responsible for the capital analysis, international financing and various treasury functions. ... Continue reading
PACCAR Announces Record Third Quarter Results
PACCAR Inc. reported third quarter and first nine months records for sales and net income in 1998, according to Mark C. Pigott, chairman and chief executive officer. ... Continue reading
Pennsylvania Volvo Retailers Offer Exclusive Test Drive
You're invited to test drive the new Volvo S80 Luxury Sedan at Private Preview events to be held around the country. Participating retailers will showcase Volvo's new luxury vehicle and offer test drives Oct. 19-24. ... Continue reading
Peregrine Creditors' Committee Approves Settlement
Peregrine Incorporated's Informal Unsecured Creditors' Committee announced a successful end to negotiations between Peregrine, the Committee and General Motors. ... Continue reading
Polaris Reports Record Third Quarter Results
Polaris Industries Inc. reported an 18 percent increase in adjusted net income per diluted share on a 23 percent increase in sales for the third quarter ended September 30, 1998. ... Continue reading
Republic Industries To Reprice Employee Stock Options
Republic Industries, Inc. announced that its Board of Directors has approved the repricing of 32,110,000 employee stock options or less than seven percent of fully diluted shares outstanding. ... Continue reading
Rick Cabral Appointed VP of Info Services at Autobytel.com Inc.
Autobytel.com Inc., the premier Internet car-buying service, announced the appointment of Rick Cabral to vice president of Information Services. ... Continue reading
SAE November Meeting Features Volkswagen's 'New Beetle'
Flashback alert! The Society of Automotive Engineers (SAE) Detroit Section delivers the inside scoop on Volkswagen's hot "New Beetle" Tuesday, November 3 at Burton Manor in Livonia, Michigan. ... Continue reading
SDRC Announces MetaDM Software
SDRC, the leading global provider of product development solutions and developer of IDEAS and Metaphase Enterprise software, announced Metaphase Document Manager, with version 3.1 of its Metaphase Enterprise Product Data Managementsoftware. ... Continue reading
SDRC Reports First $100 Million Quarter
SDRC reported revenues totaling $101.8 million for the quarter ended September 30, 1998, a 17% increase over the same quarter last year. ... Continue reading
The Board of Directors of Selas Corporation of America, at its meeting, declared a cash dividend of $.045 per share. The dividend will be payable on December 31, 1998 to shareholders of record on December 10, 1998. ... Continue reading
Selas Reports Third Quarter/Nine Month Earnings
Selas Corporation of America reported income of $918,000 or $ .17 per diluted share for the quarter ended September 30, 1998 versus $1,139,000 or $0.21 per diluted share for the similar quarter in 1997. ... Continue reading
Solid Order Gains At Siebe's Intelligent Automation Division
Siebe Intelligent Automation announced at the International Society for Measurement and Control Show in Houston that its consistent growth record continues as contracts valued at over (pound)130 million were received. ... Continue reading
Special Meeting of Foamex Board of Directors Held
Foamex International Inc. announced that its Board of Directors met Monday, October 19 to review the revised proposal of Trace International Holdings, Inc. ... Continue reading
SRFPS: Strickler Wins Homestead Finale & Secures First Drivers' Championship
SRFPS: Strickler Wins Homestead Finale & Secures First Drivers' Championship ... Continue reading
Standard Products Reports Fiscal 1999 First Quarter Results
The Standard Products Co. announced results for its first quarter of fiscal 1999, ended September 30, 1998. Net income for the quarter was $0.4 million, or $0.03 diluted earnings per share of common stock, on sales of $231.8 million. ... Continue reading
Stoneridge Reports 7.5 Percent Q3 Earnings Increase
Stoneridge, Inc. announced sales of $118.2 million and earnings of $7.2 million or $0.32 per share for the third quarter ended September 30, 1998. ... Continue reading
Telematics Suppliers Consortium Formed to Define Telematics Standards
Telematics industry leaders announced plans to create a Telematics Suppliers Consortium, which will facilitate comm. with the Automotive Multimedia Interface Consortium and lead development of open, non-proprietary standards. ... Continue reading
Tenneco Automotive Names Senior VP and GM
Tenneco Automotive announced that Joel Campbell has been named senior vice president and general manager of Tenneco Automotive's North American aftermarket business unit. ... Continue reading
Tesma announces completion of Triam acquisition
Tesma International Inc. announced the successful completion of the previously announced acquisition of the Triam Sterling Heights facility from Magna International Inc. ... Continue reading
The Car Guy ... Continue reading
The Timken Company Reports Third Quarter Results
Unusual occurrences that spanned the end of the second quarter and the beginning of the third as well as powerful macro- economic forces which weakened some markets negatively impacted third quarter results, The Timken Company reported. ... Continue reading
Thomas DeJong Named President - North America for Walbro Corp
Thomas DeJong has been named President - North America for Walbro Corporation. The announcement was made by Frank E. Bauchiero, President and Chief Executive Officer, Walbro Corporation. ... Continue reading
Titan Announces Third Quarter Earnings
Titan International, Inc. has announced net sales of $149.2 million for the third quarter ended September 30, 1998, compared to $156.7 million in the third quarter of 1997. ... Continue reading
Treadco, Inc. Announces 1998 Q3 Operating Results
Treadco, Inc. announced net income for the 1998 third quarter of $655,000, or $0.13 per common share, on sales of $52.1 million. Treadco had a 97.3% operating ratio for the 1998 third quarter compared to 98.0% for the 1997 third quarter. ... Continue reading
TRW Develops Advanced Air Bag Sensors
TRW is showcasing its new air bag sensors -- the Remote Acceleration Sensor unit and Generation 5 sensor -- at the Convergence '98 International Congress on Transportation Electronics here at the Hyatt Regency. ... Continue reading
Ugly Duckling Corp. Announces Completion of Exchange Offer
Ugly Duckling Corp. announced the successful completion of its exchange offer, which expired Monday as scheduled. ... Continue reading
United Panam Financial Corp. Announces Q3 and Nine-Month Results
United PanAm Financial Corp. announced results for its third quarter ended September 30, 1998. Net income for the 1998 third quarter advanced to $4.7 million, a 93 percent increase from $2.4 million for the comparable period a year ago. ... Continue reading
USAC Midgets: Leffler, Drake Battle for Midget Point Lead at Winchester
USAC Midgets: Leffler, Drake Battle for Midget Point Lead at Winchester ... Continue reading
USAC Sprints: Elliott, Thomas Square off at Winchester for Stoops Sprint Title
USAC Sprints: Elliott, Thomas Square off at Winchester for Stoops Sprint Title ... Continue reading
USAC Western States: Hendrix, Harris Road to Titles Leads through Ventura Saturday
USAC Western States: Hendrix, Harris Road to Titles Leads through Ventura Saturday ... Continue reading
USAC: Yeley Wins Gateway Finale; Leffler Takes Silver Crown Title
USAC: Yeley Wins Gateway Finale; Leffler Takes Silver Crown Title ... Continue reading
Valley Children's Hospital To Receive Free Child Safety Seats
AAA will donate 250 child safety seats to Valley Children's Hospital as part of a comprehensive program to increase safety awareness. AAA's program will donate the seats to the hospital, which will then give them to parents unable to buy their own. ... Continue reading
VDO Car Communication Leads Way in North America
Developed in partnership with engineers from the BMW Group, VDO Car Communication and Navigation Technologies, innovative navigation systems are leading the way towards Intelligent Transportation System deployment in the U.S. ... Continue reading
Virginia and Maryland Volvo Retailers Offer Exclusive Test Drive
You're invited to test drive the new Volvo S80 Luxury Sedan at Private Preview events to be held around the country. Participating retailers will showcase Volvo's new luxury vehicle and offer test drives Oct. 19-24. ... Continue reading
Visteon Achieves World First With New Jaguar S-Type
Visteon has achieved an automotive industry 'world first' by providing the new Jaguar S-Type with voice activation technology -- a major breakthrough in motoring convenience and safety. ... Continue reading
Volvo and Volkswagen Certified by J.D. Power and Ass.
J.D. Power and Ass Certified Retailer program has recognized Neftin Westlake Volvo and Volkswagen with a Certified Retailer Award after the dealership successfully completed a rigorous certification process. ... Continue reading
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