AAA Names New Chairman At 96th Annual Meeting
Charles E. Allen, chairman, CEO and co-founder of the Graimark family of companies in Michigan, was elected chairman of the AAA Board of Directors at the 96th AAA Annual Meeting. ... Continue reading
ABB wins US$ 130-million order for Australian IPP
ABB has been awarded a contract to build a 128-megawatt coal- fired power plant in Australia for independent power producer (IPP) Redbank Project Pty Ltd, a consortium of ABB, Babcock & Brown, and National Power Australia Holding L.P. ... Continue reading
Acura Launches www.NSXbyAcura.com Web Site
Acura launched a new NSX-specific web site, http://www.NSXbyAcura.com, developed to serve as a comprehensive information resource on the company's exotic sports car model. ... Continue reading
ARCA: Bill Baird Takes Two in a Row
ARCA: Bill Baird Takes Two in a Row ... Continue reading
ASV Reports 1st Quarter 1999 Results
ASV, Inc. reported its first quarter 1999 financial results. Net sales for the three months ended March 31, 1999, totaled $8,462,645, a 6 percent decrease from net sales of $9,028,838 for the same period in 1998. ... Continue reading
Automotive Performance Group Completes Private Placement
Automotive Performance Group, Inc. has completed, in a private placement, the sale of approximately $8 million of Series A Preferred Shares to a group of accredited investors. ... Continue reading
Avis Rent A Car Reports Record First Quarter 1999 Operating Results
Avis Rent A Car, Inc. reported record results for the quarter ended March 31,1999. ... Continue reading
BankBoston Dealer Finance Provides $5M in Financing to Harte Toyota
BankBoston Dealer Finance Inc. announced that it has provided a $5 million credit facility to Harte Toyota, Inc. ... Continue reading
BMW Team PTG Takes Victory in Georgia
BMW Team PTG Takes Victory in Georgia ... Continue reading
CART: Montoya Becomes First Rookie to Win Since 1996 with Triumph at Toyota Grand Prix of Long Beach
CART: Montoya Becomes First Rookie to Win Since 1996 with Triumph at Toyota Grand Prix of Long Beach ... Continue reading
Citation Corporation Q2 EPS Higher Than Analyst Expectations
Citation Corporation reported fully diluted earnings per share (EPS) for its fiscal second quarter of $0.37 versus analyst expectations for the quarter of $0.36. ... Continue reading
Corporate Partnership Formed to Demonstrate Fuel Cell Vehicles
Ballard Power Systems announced a major step forward in the commercialization of fuel cells for transportation applications with the formation of the "California Fuel Cell Partnership - Driving for the Future." ... Continue reading
DaimlerChrysler Commits up to $2.5M For Funding of Crash Research
The United States Department of Transportation announced that DaimlerChrysler AG (DCAG) has committed up to $2.5 million in funding for the country's eighth Crash Injury Research and Engineering Network (CIREN) center. ... Continue reading
DaimlerChrysler Joins 'California Fuel Cell Partnership'
DaimlerChrysler announced it will test five fuel cell vehicles in California by 2001 as part of a unique public/private partnership to demonstrate the viability of fuel cell cars as an alternative drive solution. ... Continue reading
Delphi Automotive Systems Signs Second Deal
Delphi Automotive Systems Corporation announced that it has signed an agreement with XM Satellite Radio Inc. to design, develop and market special vehicle audio systems capable of receiving a new satellite radio service. ... Continue reading
DuPont Purchases the 'All-In-One' Communications Server
Interactive Intelligence Inc. announced that DuPont Automotive Finishes purchased its Enterprise Interaction Center(R) (EIC) to improve customer service and better support its distributed operations. ... Continue reading
Electric Vehicle Industry Receives New Impetus
General Motors' April 19 announcement that it will team with Toyota in a five-year pact to jointly develop cars and trucks that can run off fuel cells is the latest case in point. ... Continue reading
Federal-Mogul Appoints Chip Mower, Director, Business Services
Thomas W. Ryan, executive vice president, chief financial officer, Federal-Mogul Corporation announces the appointment of Chip Mower to the position of director, Federal-Mogul business services, effective immediately. ... Continue reading
Ford to Deliver Family Fuel Cell Cars to California for On-Road Testing
"At Ford Motor Company, it's not enough to deliver excellent products. Ford has to deliver excellent products that customers want to use and that have the least impact on the environment. ... Continue reading
Genuine Parts Company Reports Record First Quarter Results
Genuine Parts Company reported record sales and earnings for the first quarter ended March 31, 1999. Larry Prince, Chairman of the Board, announced that sales increased 24% to $1.9b compared to $1.5 billion in the same period the prior year. ... Continue reading
Governor Announces Historic Auto, Oil and Government Partnership
In an important step forward for fuel cell electric vehicles, California Governor Gray Davis and industry leaders announced a fuel cell vehicle partnership that will demonstrate clean transportationtechnology on California's roadways in the future. ... Continue reading
Guinness World Records Sets the Ultimate Global Driving Challenge
Guinness World Records threw down the gauntlet to drivers around the world with the announcement of the first ever multi- vehicle circumnavigation of the globe across all six continents. ... Continue reading
Infinite Acquires Osley & Whitney
Infinite Group Inc. announced that it has acquired privately held Osley & Whitney, Inc. (O&W) 49-year-old plastic injection moldbuilding company with 54 employees. ... Continue reading
Intellon Corporation Announces Registration to ISO 9001:1994
Intellon Corporation, a technology leader in providing integrated circuits for power line and RF "No New Wires(tm)" network communications, has achieved ISO 9001 Registration. ... Continue reading
IRL: Cheever Says Charlotte is Right Time for Change
IRL: Cheever Says Charlotte is Right Time for Change ... Continue reading
Lawmakers Consider New Drunk Driving Bill
North Carolina's "Booze It & Lose It" program continues as law enforcement officers statewide step up enforcement of impaired driving laws and promote safe motoring. ... Continue reading
Liberty Mutual Reduces Pa. Auto Insurance Rates
Liberty Mutual Group announced that the Pennsylvania Department of Insurance has approved a company request to reduce personal automobile rates by an overall 3.4% in the Liberty Mutual Fire Insurance Company and The First Liberty Insurance Corporation. ... Continue reading
Meritor Automotive Reports Record Quarterly Sales and Profits
Meritor Automotive, Inc. reported record sales of $1.2 billion and record net income of $50 million, or $.72 per share, for its second fiscal quarter ended March 31, 1999. ... Continue reading
NASCAR WCUP: Kenny Wallace Ready for Talladega after Strong Martinsville Finsish
NASCAR WCUP: Kenny Wallace Ready for Talladega after Strong Martinsville Finsish ... Continue reading
NASCAR WCUP: Martinsville provides bitter education for Michael Waltrip
NASCAR WCUP: Martinsville provides bitter education for Michael Waltrip ... Continue reading
NASCAR WCUP: Steve Park: Talladega Drafting Means Making Friends
NASCAR WCUP: Steve Park: Talladega Drafting Means Making Friends ... Continue reading
National R.V. Holdings, Inc. Announces Record Q1 Sales and Earnings
National R.V. Holdings, Inc. announced record results of operations for the first quarter ended March 31, 1999. ... Continue reading
NHRA: Young Australian Top Fuel dragster racer to compete at Mopar Nationals & Route 66 Nationals
NHRA: Young Australian Top Fuel dragster racer to compete at Mopar Nationals & Route 66 Nationals ... Continue reading
Oilgear Reports First Quarter Results
The Oilgear Company reported record-high first quarter sales and an increase in earnings for the quarter ended March 31, 1999. ... Continue reading
Prolong Super Lubricants Adds Wal-Mart to Escalating Retail Expansion
Prolong Super Lubricants has added the Wal-Mart chain to the list of major retailers that carry its products, it was announced. ... Continue reading
Rallye Catalunya: Intinerary/Entry List
Rallye Catalunya: Intinerary/Entry List ... Continue reading
Retreading Makes Every Day Earth Day (April 22 is the Actual Date)
Every year Americans celebrate Earth Day, which was created to call attention to the contributions the public can make to the environment by recycling and reusing everyday products. ... Continue reading
Rhodia is 1st HDI Aliphatic Polyisocyanate Supplier to Achieve QS-9000
Rhodia Inc. has achieved QS-9000 certification for its North American industrial coatings manufacturing facility in Freeport, Texas, and its supporting administrative and research and development services located in Cranbury, N.J. ... Continue reading
Rush Enterprises, Inc. Reports First Quarter Results
Rush Enterprises, Inc., which operates the largest network of Peterbilt heavy-duty truck dealerships in North America and John Deere construction equipment dealerships in Texas and Western Michigan, announced results for the first quarter. ... Continue reading
SAE Detroit Section To Host GM Truck Group Event May 11
Worldwide truck sales exceeded 16 million units in 1997 and trucks are forecasted to make up half of all vehicle sales in North America in the next five years. The bottom line -- drivers want well-built trucks. ... Continue reading
SAE IAM Exposition & Conference, May 11-13
The Society of Automotive Engineers' (SAE) third annual International Automotive Manufacturing (IAM) Exposition & Conference is May 11-13 at Detroit's Cobo Center. ... Continue reading
SDRC Reports 19% Revenue Growth -- EPS $0.27
SDRC reported revenues totaling $108.1 million for the quarter ended March 31, 1999, a 19% increase over the same quarter last year. ... Continue reading
Simula Shares Lifesaving Crash Results in Government Testimony
Simula, Inc. said that its side-impact head protection system, the Inflatable Tubular Structure is saving lives without exposing automobile occupants to unnecessary risk. ... Continue reading
Spatial Reports Strong New Accounts and Business Growth in Japan
Spatial Technology Inc. announced a strong first-quarter business in Japan with the signing of several new high-profile accounts, including Honda R&D, Futaba, and Photron. ... Continue reading
Students Showcase Engineering Projects During SAE/ESD Benefit
Ever dream about building a working robot or designing a city of the future? Not only have young people in the Detroit area dreamed about it, they've done it. ... Continue reading
Superman Theme Race Cars Unveiled
9 Super drivers will drive 9 Superman themd race cars in different races ... Continue reading
Telcontar Announces First Product Line, Funding Agreements
Telcontar, a privately held provider of street map data management, compression, route-finding and rendering tools for the personal and vehicle navigation markets announced the availability of its first product, Rich Map Engine. ... Continue reading
Telcontar Announces Relationship With Microsoft's Auto PC Group
Telcontar, a privately held provider of street map data management, compression, route-finding and rendering tools for the personal and vehicle navigation markets, announced a relationship with Auto PC manufacturer Microsoft Corp. ... Continue reading
The Timken Company Declares Quarterly Dividend
The board of directors of The Timken Company declared a quarterly cash dividend of 18 cents per share. The dividend is payable on June 7, 1999, to shareholders of record on May 21, 1999. ... Continue reading
The Timken Company Reports First Quarter Results
While North American automotive and rail markets remained strong in the first quarter, economic weakness in most other parts of the world adversely affected first quarter results, The Timken Company reported. ... Continue reading
Thrifty Named Official Car Rental Company of 1999 St. Croix International Triathlon
Thrifty Car Rental will be the official car rental company of the 1999 St. Croix International Triathlon, featuring more than 300 professional triathletes from around the world, to take place on May 2. ... Continue reading
Timken Company Shareholders Elect New Director, Re-elect Others
At The Timken Company's Annual Meeting of Shareholders, Mr. John A. Luke, Jr. was elected to the board of directors for a two-year term to expire at the 2001 annual meeting. ... Continue reading
Toyota Grants $2.1 Million to the National Center for Family Literacy
Toyota announced a $2.1 million grant to expand the Toyota Families in School Program (TFSP), which promotes family literacy in elementary schools across the nation. ... Continue reading
TRW Reports First Quarter 1999 Results
TRW Inc. reported first quarter 1999 net earnings and earnings per share, before automotive restructuring charges and the impact of the LucasVarity acquisition, of $101.1 million, or $.83 per share. ... Continue reading
Union Acceptance Reports Net Earnings for the Q3 of Fiscal 1999
Union Acceptance Corporation reported net earnings of $4.3 million, or $0.32 per diluted share, for the third quarter ended March 31, 1999, compared to $917,000, or $0.07 per diluted share, reported in the comparable quarter of last year. ... Continue reading
USAC: DeBeaumont, Johnson Surprise Irwindale Victors
USAC: DeBeaumont, Johnson Surprise Irwindale Victors ... Continue reading
USAC: Rains Halt Winchester 'Kokomo Midget Car Challenge'
USAC: Rains Halt Winchester 'Kokomo Midget Car Challenge' ... Continue reading
UTC Reports 20% Increase in First Quarter Earnings Per Share
United Technologies Corp. reported first quarter diluted earnings per share of $1.25, up 20 percent versus $1.04 in the prior year. ... Continue reading
Volkswagen Runs 155 Miles on Water Instead of Engine Oil
BAT International announced that its new SuperBAT TVT Metal Treatment Additive was recently put to an extreme test. ... Continue reading
Volvo Offers First-of-its-Kind Environmental Product Declaration
No one doubts that it is important for cars to be as safe as possible, but what good are safety features if a car poisons the air we breathe and the water we drink? ... Continue reading
Wescast Industries Inc. Posts 43 Percent Higher Q1 Profits
Wescast Industries Inc., the world's largest exhaust manifold producer announces first quarter profits. ... Continue reading
Wynn's Reports First Quarter Earnings Per Share Of $.39
Wynn's International, Inc. reported net income of $7,453,000 in the first quarter ended March 31, 1999, approximately the same as the very strong 1998 first quarter net income of $7,494,000, and 14% above the Company's fourth quarter 1998 net income. ... Continue reading
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