$193.3 Million Capital Automotive Securitization
Moody's Investors Service has assigned long-term ratings of Aaa for three classes of certificates in a securitization of 78 Capital Automotive dealership properties totaling $193.3 million. ... Continue reading
1999 California International Auto Show
1999 California Auto Show ... Continue reading
AlliedSignal Awarded International Grand Prix for Technical Innovation
AlliedSignal Turbocharging Systems announced that it was awarded the International Grand Prix for Technical Innovation Jury's Special Prize for its new electrically assisted Garrett (R) Dynacharger(TM) turbocharger. ... Continue reading
ALPNET Sponsors First SAE TOPTEC Symposium
ALPNET, Inc. announced that it is the main sponsor of the "SAE TOPTEC Symposium on Multilingual Documentation for the Automotive Industry," which is being held in Amsterdam, The Netherlands, on October 21 and 22. ... Continue reading
AMA: Motorcycling loses a legend: Dot Robinson, 1912-1999
Motorcycling loses a legend: Dot Robinson, 1912-1999 ... Continue reading
Amcast Announces Fiscal 1999 Results
Amcast Industrial Corporation reported financial results for the fourth quarter and the 1999 fiscal year ended August 31. ... Continue reading
AMETEK Terminates Planned Acquisition of Division of Dynamic Materials
AMETEK, Inc. announced that it has exercised its contractual right to terminate its planned acquisition of the Clad Metal Bonding Division of Dynamic MaterialsCorporation. ... Continue reading
Arvin Reports Record Sales and Earnings Net Earnings Increase 20 Percent
Arvin Industries, Inc. reported a third quarter net earnings increase of 20 percent to $20.1 million, or $0.82 per share. ... Continue reading
A. Schulman Names Ron Andres Vice President of Manufacturing for North America
A. Schulman Inc. announced the appointment of Ron Andres to serve as the company's vice president of manufacturing for North America. ... Continue reading
A. Schulman Posts Record Earnings Per Share for Fourth Quarter
A. Schulman Inc. announced that net income per share, before the effect of an accounting change in fiscal 1998, established new records for the fourth quarter and year ended August 31, 1999. ... Continue reading
Bell Industries Reports Third Quarter Financial Results
Bell Industries, Inc. reported results from continuing operations for the third quarter and nine months ended September 30, 1999. ... Continue reading
Bikers Dream Inc. Completes Private Placement
Bikers Dream Inc. announced the completion of a $500,000 private placement of its Series D Preferred Stock. ... Continue reading
Briggs & Stratton Corporation Elects Directors
At the Annual Meeting, shareholders reelected to a three-year term as directors Michael E. Batten and Peter A. Georgescu. ... Continue reading
Budget Group Reports Third Quarter Earnings
Budget Group, Inc. released its third quarter 1999 operating results today, reporting diluted earnings per share of $0.86 and net income of $37.3 million. ... Continue reading
CANNONBALL: The Auto Channel Team Wins Two Trophies in First Cannonball Classic
CANNONBALL: The Auto Channel Team Wins Two Trophies in First Cannonball Classic ... Continue reading
CART: Hawaiian Super Prix cancelled due to finances
CART: Hawaiian Super Prix cancelled due to finances ... Continue reading
'Click it or Ticket' Campaign Encourages Belt Use to Avoid Tickets
A new campaign designed to encourage Michigan drivers and passengers to use their safety belt and properly restrain children under the age of four is under way. ... Continue reading
Collins & Aikman Reports Strong Third-Quarter Results
Collins & Aikman Corporation reported, before a restructuring charge, 1999 third quarter operating income of $27 million and net income of $2.1 million, or $.03 per share. ... Continue reading
Court Decision Recommends Rhino Linings
A District Court judge ruled that Rhino Linings' product offers better protection against risk of explosion than the original manufacturer's automotive paint, and then dismissed the world's leading sprayed-on liner from a class action suit. ... Continue reading
Dura Automotive Announces Record Third-Quarter Operating Results
Dura Automotive Systems, Inc. announced record revenues, operating income and net income for the third quarter and nine months ended September 30, 1999. ... Continue reading
Dyna Group International Announces Earnings for Third Quarter 1999
Dyna Group International announced earnings from operations for the third quarter ended September 30, 1999. ... Continue reading
Excelsior-Henderson Calls New Financing One of Several Steps in Plan
Excelsior-Henderson Motorcycle Manufacturing Company provided a progress report on recent steps taken to drive future company growth. ... Continue reading
Feuling Sets Two World Speed Records
The Federation International de l'Automobile (F.I.A.) announced Jim Feuling's Streamliner set two new world speed records in Bonneville Salt Flats with speeds of 333.847 MPH for the Flying Mile and 537.820 KPH for the Flying Kilometer. ... Continue reading
Feuling Streamliner Returns to Bonneville
The Feuling Advanced Technologies Streamliner returns to the Bonneville Salt Flats this week in search of another land-speed world record. ... Continue reading
Fidelity Holdings Names James Wallick as Executive Vice President
Fidelity Holdings, Inc. announced that James Wallick, a member of the Board of Directors, has been named Executive Vice President of Fidelity. ... Continue reading
Fisher-Price and Ford Announce Availability of First Enhanced Car Seat
Imagine a child's car seat system that is easier to use and provides for a more secure attachment in vehicles. That system will be available as early as February 2000 because of efforts by Ford Motor Company and Fisher-Price. ... Continue reading
Five Automakers Rev Up New Sports Cars for North American Debut
Exciting new sports cars from European, Asian and American automakers are set to make their North American debut in January at the Greater Los Angeles Auto Show. ... Continue reading
Gas Prices Dropping Across Northern California, says AAA
For the second month in a row, Northern California gas prices have fallen, AAA reported. ... Continue reading
Gentex Named to Forbes' '200 Best Small Companies' List for Fourth Consecutive Year
For the fourth consecutive year, and the fifth time in the past six years, Gentex Corporation, the world's leading manufacturer of electro-optical products, has been namedto Forbes magazine's prestigious list of the "200 Best Small Companies in America". ... Continue reading
GM Designates HAP the Only 'Benchmark' HMO in Michigan for Year 2000
General Motors Corporation (GM) designated Health Alliance Plan (HAP) a "Benchmark" HMO for the salaried employees and retirees' health care program. ... Continue reading
GNB Extends Product Warranty for Champion Performance Series
Building on the unqualified success of the Champion(R) Performance Series(TM) (CPS) battery line, Atlanta-based lead- acid battery manufacturer and recycler GNB Technologies will offer an improved warranty for selected CPS products. ... Continue reading
Hyundai Motor America CEO Responds to Isuzu Warranty Statement
"Hyundai still offers by far the best package of warranty coverages to the American consumer," said Hyundai President and CEO, Finbarr O'Neill. ... Continue reading
IHS Engineering Celebrates 40th Anniversary
IHS Group's largest division and founding company, IHS Engineering, is celebrating its 40th anniversary this fall. ... Continue reading
iQ Power Joins Massachusetts Institute of Technology /Automotive Industry Consortium
iQ Power Technology Inc. is pleased to announce that it has joined the Massachusetts Institute of Technology/Industry Consortium on Advanced Automotive Electrical/Electronic Components and Systems. ... Continue reading
IRL: Brazilian passes rookie test with Panther Racing
IRL: Brazilian passes rookie test with Panther Racing ... Continue reading
IRL: Pep Boys Indy Racing League Medical Update
IRL: Pep Boys Indy Racing League Medical Update ... Continue reading
IRL: Schmidt Transferred to Indianapolis Hospital
IRL: Schmidt Transferred to Indianapolis Hospital ... Continue reading
Isuzu Offers Transferable 10-Year/120,000-mile Warranty in 2000
The new warranty covers the original owner or lessee for 10 years or 120,000 miles, whichever comes first, from the date the customer receives their new 2000 Isuzu SUV, making it the longest powertrain warranty offered by any automaker in the US. ... Continue reading
John D. Watson Named Vice President and General Manager, CTS Microelectronics
John D. Watson has been named Vice President and General Manager of CTS Corporation's hybrid microelectronics business according to an announcement today by George "Bing" A. Harding, Group Vice President, CTS Corporation. ... Continue reading
Judge Certifies Class in Sexual Harassment Case Against Ford
In an opinion handed down on Friday, October 15, 1999, U.S. District Judge Elaine E. Bucklo certified a class action based on allegations of sexual harassment and sex discrimination against Ford Motor Company. ... Continue reading
Kaiser Aluminum $39.2 Million Loss Much Larger Than Expected
Kaiser Aluminum's third quarter loss shows that its lockout of employees represented by the United Steelworkers of America at five facilities continues to hurt the company's operating and financial performance. ... Continue reading
Kia Announces Entry in the Paris Dakar Cairo 2000
Two Kia Sportage sport-utility vehicles have been entered in the Paris Dakar Cairo 2000, one of the world's most difficult motorsports events. ... Continue reading
Lear Appoints Executives to Manage Company's Asian Business
Lear Corporation, one of the world's premier suppliers of automotive systems, today announced the appointment of key executives for the company's Asia Pacific Operations and Transnational Division. ... Continue reading
Mexican Industries Workers Vote for UAW Representation
The UAW has been chosen to represent workers in all four bargaining units of the Mexican Industries group in voting held in Detroit. ... Continue reading
Mobil Confirms Significant New Gas Fields Offshore Western Australia
Mobil Corporation announced that its wholly owned subsidiary, Mobil Exploration & Producing Australia Pty Ltd, has found significant new gas resources in the Carnarvon Basin, off the northwest coast of Western Australia. ... Continue reading
NASCAR BGN: Buckshot Jones Racing Preview, Rockingham
NASCAR BGN: Buckshot Jones Racing Preview, Rockingham ... Continue reading
NASCAR BGN: Schrader returns to site of first his Busch Grand National race
NASCAR BGN: Shrader returns to site of first his Busch Grand National race ... Continue reading
NASCAR BGN: Todd Bodine Racing Preview, Rockingham
NASCAR BGN: Todd Bodine Racing Preview, Rockingham ... Continue reading
NASCAR GDS: Jimmy Britts Wins 1999 NASCAR Goody's Dash NAPA Filters Rookie of the Year Title
NASCAR GDS: Jimmy Britts Wins 1999 NASCAR Goody's Dash NAPA Filters Rookie of the Year Title ... Continue reading
NASCAR WCUP: From the golf course to the race track, crew chief Johns is content
NASCAR WCUP: From the golf course to the race track, crew chief Johns is content ... Continue reading
NASCAR WCUP: Kenny Wallace has high hopes after career-high superspeedway performance
NASCAR WCUP: Kenny Wallace has high hopes after career-high superspeedway performance ... Continue reading
NASCAR WCUP: Michael Waltrip hoping driver and crew reap well-deserved rewards this weekend
Michael Waltrip hoping driver and crew reap well-deserved rewards this weekend ... Continue reading
NHRA: Capps excited about potential shown by Cope Racing Camaro
NHRA: Capps excited about potential shown by Cope Racing Camaro ... Continue reading
Noble International, Ltd. Announces Unsolicited Preliminary Proposal
Noble International, Ltd. confirmed, in response to stockholder and analyst inquiries, the August 31, 1999 receipt of an unsolicited preliminary proposal for the acquisition of all of its outstanding stock. ... Continue reading
Noble International Reports Increased Third Quarter and Nine Month Results
Noble International, Ltd. announced increased revenues and earnings for the three and nine month periods ended September 30, 1999. ... Continue reading
Opportunities for Fuel Cells in Automotive Applications
The global automotive industry may be on the threshold of sweeping transformation as a result of the rapid development in fuel cell technology. ... Continue reading
PACCAR Sales and Earnings Accelerate to Record Levels
PACCAR posted record earnings for the third quarter and first nine months of 1999, according to Mark C. Pigott, chairman and chief executive officer. ... Continue reading
Polaris Reports Record Third Quarter Results
Polaris Industries Inc. reported a 13 percent increase in net income per diluted share on an eight percent increase in sales for the third quarter ended September 30, 1999. ... Continue reading
Protective to Acquire Lyndon Insurance Group
Protective Life Corporation announced that its principal subsidiary, Protective Life Insurance Company, has agreed to acquire the Lyndon Insurance Group from the Frontier Insurance Group, Inc. for a purchase price ofapproximately $163.5 million. ... Continue reading
Renault and Nissan Are Engaged in an Intensive Global Cooperation
Since May 28, 1999, date of the closing of their agreement, Renault and Nissan have rapidly completed a number of vital stages. ... Continue reading
SDRC Reports $109 Million in Revenues
SDRC reported revenues totaling $108.9 million for the quarter ending September 30, 1999, a 7% increase over the same quarter last year. ... Continue reading
Third Quarter Earnings Estimate
Horace Mann Educators Corporation expects that operating earnings for the third quarter of 1999 will be between 35 and 38 cents per share, compared to the consensus estimate of analysts in a First Call Corporation poll of 47 cents per share. ... Continue reading
Toledo-Lucas Cnty Pt Auth OH Bnd Fnd Rtd BBB+ by Fitch IBCA
Fitch IBCA assigns its 'BBB+' rating to the Toledo-Lucas County Port Authority, OH's $4,670,000 Northwest Ohio Bond Fund development revenue bonds, series 1999B, and affirms its 'BBB+' rating on the authority's $47,990,000 outstanding bond fund revenue debt. ... Continue reading
Toyota Announces Sequoia, U.S.-Built Full-Size Sport Utility Vehicle
Toyota Motor Sales (TMS), U.S.A., Inc., announced that the name of its all-new U.S.-built full-size sport utility vehicle (SUV) will be Sequoia. ... Continue reading
TRW Announces Third Quarter 1999 Results; Earnings Increase 30 Percent
TRW Inc. reported that for the quarter ended September 30, 1999, net earnings increased 30 percent to a record $145.9 million, or $1.18 per share, excluding unusual items. ... Continue reading
USAC: Newman goes for 'Triple' in 'Sammy Sessions' 33-lapper Sunday
USAC: Newman goes for 'Triple' in 'Sammy Sessions' 33-lapper Sunday ... Continue reading
USAC: 'Sammy Sessions Memorial' features crowning of Darland
USAC: 'Sammy Sessions Memorial' features crowning of Darland ... Continue reading
USAC: Wheldon sweeps Sebring F2000 finales, claims national title
USAC: Wheldon sweeps Sebring F2000 finales, claims national title ... Continue reading
Williams Controls Awarded Electronic Throttle Control Business
Williams Controls, Inc. announced that it has been awarded a contract to manufacture electronic throttle controls (ETCs) for a future Ford vehicle. ... Continue reading
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