1st Source Reports 2nd Quarter Net Income up 13.4 Percent
1st Source Corp., parent company of 1st Source Bank, reported net income of $8.3 million for the second quarter of 1999, up 13.4 percent from the $7.3 million for the second quarter of 1998. ... Continue reading
50 American Teachers Return From First Japan Study Tour
As a participant in the new Toyota International Teacher Program, West Virginia educator Susan Marcus came to Japan with the idea of absorbing as much as she could about the culture, industry and lifestyles of the country. ... Continue reading
ADVISORY/Keeping Seniors Safe On The Road
The rate of fatal and injury collisions involving drivers over the age of 80 is equaled only by teenagers. ... Continue reading
AlliedSignal Friction Materials Names Philippe James
AlliedSignal Friction Materials, a unit of AlliedSignal Inc. , has named Philippe James as President of its European aftermarket business. ... Continue reading
American Axle & Manufacturing Announces Earnings For the Q2 of 1999
American Axle & Manufacturing Holdings, Inc. reported second quarter 1999 net income of $33.7 million, an increase of $40.7 million over the $7 million loss reported in the GM/UAW- strike- impacted second quarter of 1998. ... Continue reading
Audi Al2 Concept Car Now on Display at New York's Museum of Modern Art
Audi of America, Inc. is pleased to announce that its Al2 concept car will be on display at The Museum of Modern Art in Manhattan as part of the "Different Roads: Automobiles for the Next Century" exhibition from July 22 through Sept 21, 1999. ... Continue reading
Automotive Care Expertise Goes Electronic
For more than 60 years, the Wynn Oil Company has delivered services and products that help consumers reduce the cost and inconvenience of automotive breakdowns. ... Continue reading
BFGoodrich and Coltec Industries Both Achieve Record Second Quarter Results
BFGoodrich and Coltec Industries each reported record results for the second quarter, continuing the impressive growth that the recently merged companies have achieved individually during the past 12 quarters. ... Continue reading
Budget Group Reports Second Quarter Results In Line With Expectations
Budget Group, Inc. released its second quarter 1999 operating results, reporting diluted earnings per share of $0.42 compared to $0.33 before non-recurring and extraordinary items in second quarter 1998. ... Continue reading
C2, Inc. Reports Improved Financial Results for the Second Quarter
C2, Inc. reported net earnings for the second quarter ended June 30, 1999 of $440,000 or $0.08 per share. ... Continue reading
CASCAR: Canadian Stocks make impressive Toronto Indy debut
Ford of Canada - CASCAR Weekend Report ... Continue reading
CASCAR: The Loctite Chevy takes fourth at the Toronto Molson Indy
Loctire Racing / Vanderwyst Motorsports - Molson Indy Report ... Continue reading
CASCAR: Whitlock Motorsports has a ball in Toronto
Whitlock Motorsports - CASCAR Report ... Continue reading
CAW - Daimler/Chrysler Collective Bargaining Opens; Media Phone-in Available
Tomorrow, Thursday, July 22, the Canadian Auto Workers union opens collective bargaining with Daimler/Chrysler Canada Inc. at the Delta Chelsea Hotel, 33 Gerrard St. West, Toronto. ... Continue reading
Celadon Group Awarded $5 Million Per Year in Business by Volkswagen
Celadon Group, Inc. announced it has been awarded by Volkswagen de Mexico business expected to average $5 million annually over the next two years. ... Continue reading
Comdisco Delivers Nationwide Managed Network Solution to 1,300 Dealers
Comdisco, Inc., a global technology services company, announced a major agreement to deliver managed network services to American Honda Motor Company, Inc. ... Continue reading
Cooper Tire & Rubber Q2 Earnings Per Share Reaches Record High
COOPER TIRE & RUBBER COMPANY reported earnings per share of 50 cents, up 22 percent over 1998's 41 cents, achieving an all- time high level for the second quarter. ... Continue reading
Credit Acceptance Corporation Reports Second Quarter Results
Credit Acceptance Corporation announced that consolidated net income for the quarter ended June 30, 1999, was $13,771,000 or $.30 per diluted share, including a one-time, after-tax gain of $8,960,000 from the sale of the Company's credit reporting subsidiary. ... Continue reading
Detroit Diesel Corporation Announces New Director to Board
Richard M. Donnelly has been elected to the Board of Directors of Detroit Diesel Corporation (DDC). ... Continue reading
Dollar Thrifty Automotive Group Reports Record Revenue
Dollar Thrifty Automotive Group, Inc. reported record results for the second quarter ended June 30, 1999. ... Continue reading
Dura Announces Record Second-Quarter Operating Results
Dura Automotive Systems, Inc. announced record revenues, operating income and net income for the second quarter ended June30, 1999. ... Continue reading
ECHO Awarded Bid for U-Haul Dealers' Credit Card Processing
Electronic Clearing House Inc. announced that U-Haul International, Phoenix, has awarded to ECHO a bid for credit card processing service for its independent dealers who participate in the Preferred Dealer Program. ... Continue reading
[EMAIL] Davis Named to Head Certified Inspection
Richard A. Davis has joined Car Care Council as Vice President of Marketing for the Certified Inspection program. ... Continue reading
[EMAIL] Get on the National Car Care Month Bandwagon
October is opportunity month for the automotive aftermarket industry. ... Continue reading
Ford Cred Auto Owner Trust 1999-C Expct `AAA' Rtg by Fitch IBCA
Fitch IBCA expects to rate the Ford Credit Auto Owner Trust 1999-C as follows: ... Continue reading
Formula One: Stewart/Ford Austrian Grand Prix Preview
Stewart-Ford news ... Continue reading
Formula One: Will he or won't he: Hill caps tough time by deciding to carry on
Formula One: Will he or won't he: Hill caps tough time by deciding to carry on ... Continue reading
Freudenberg-NOK Creates Automotive Components Business Unit
After a decade of rocketing growth within its core businesses (1992 at $200 million, 1998 at $720 million and 1999 at a rate of $900 million), Freudenberg-NOK is setting up a top-level automotive executive team. ... Continue reading
Gas Price Jumps 3.2 Cents to Highest Level in 20 Months, AAA Fuel Gauge Report Shows
The national average price of self-serve regular unleaded gasoline jumped 3.2 cents to $1.174 per gallon - the highest level since late 1997, according to AAA. ... Continue reading
Goodyear Reports Results for Second Quarter, First Half
The Goodyear Tire & Rubber Company reported net income of $65.7 million (41 cents per share) for the second quarter of 1999. ... Continue reading
Insilco Holding Co. Completes Merger Agreement With Thermal Transfer
Insilco Holding Co. announced that it completed the previously announced merger with Racine, Wisconsin-based Thermal Transfer Products, Ltd. ... Continue reading
IRL: Knapp in Stable Condition, Transferred to Indianapolis
IRL: Knapp in Stable Condition, Transferred to Indianapolis ... Continue reading
Lund International Holdings, Inc. Announces In House Merger
Lund International announces the merger of its Suspension Division in Coldwater, Mich., with its Tubular Product Supply Company in Corona, Calif. ... Continue reading
Macola Software Selected At Pennzoil Argentina
Macola, the company that delivers software that businesses never outgrow, announced that Pennzoil Argentina S.A. has selected its award-winning Progression Series software. ... Continue reading
Meharry Medical College, GM Praised for Report on Seatbelt Use
U.S. Transportation Secretary Rodney E. Slater praised Meharry Medical College of Nashville, Tenn., and General Motors Corp. for engaging in a public-private partnership and for conducting a study on seat belt use among African Americans. ... Continue reading
Michigan's June Jobless Rates Increase in All Areas
June seasonally unadjusted unemployment rates increased in all 10 of the state's major labor market areas, Dr. Barbara Bolin, director of the Michigan Department of Career Development, announced. ... Continue reading
Mitsubishi Motors Reinforces Commitment to North American Market
Mitsubishi Motors Corporation (MMC) President Katsuhiko Kawasoe joined top officials from MMC and its U.S. distribution and manufacturing subsidiaries in a briefing of business reporters and industry analysts. ... Continue reading
Mobil-Led Consortium Signs Deepwater Farm-In Agreement with Petrobras
Mobil Corporation announced that its wholly owned subsidiary Mobil Exploracao e Desenvolvimento do Brasil Ltda. has signed final agreements with Petroleo Brasileiro S.A. ... Continue reading
Monro Muffler Brake Reports First Quarter Results
Monro Muffler Brake, Inc. reported sales and earnings for the first quarter ended June 30, 1999. ... Continue reading
MotorVac Awarded Government GSA Contract
MotorVac Technologies Inc. announced that it has been awarded a General Services Administration (GSA) contract with the U.S. Government. ... Continue reading
NASCAR WCUP: Gordon's Pocono Goals: Maintain Consistency, Defend Win
NASCAR WCUP: Gordon's Pocono Goals: Maintain Consistency, Defend Win ... Continue reading
NASCAR WCUP: Hendrick Motorsports and Michael Holigan.com To Build Solid Team with Jerry Nadeau
NASCAR WCUP: Hendrick Motorsports and Michael Holigan.com To Build Solid Team with Jerry Nadeau ... Continue reading
NASCAR WCUP: Stewart Savors Strong Season While Preparing for Brickyard
NASCAR WCUP: Stewart Savors Strong Season While Preparing for Brickyard ... Continue reading
New York State Insurance Dept. Fines Eight Auto Insurers; Fines Total $179,400
Superintendent of Insurance Neil D. Levin announced that the Department has taken disciplinary action against eight automobile insurers for various violations of New York Insurance laws and regulations. ... Continue reading
Noble International Reports Increased Second Quarter and Six Month Results
Noble International, Ltd. announced increased revenues and earnings for the three and six month periods ended June 30, 1999. ... Continue reading
Oshkosh Truck Increases Operating Capacity At McNeilus With $8.3 Million Expansion
Oshkosh Truck Corporation announced plans for its subsidiary, McNeilus Companies Inc., to invest more than $8.3 million to expand its Dodge Center, Minn., manufacturing facility. ... Continue reading
PACCAR Sales and Earnings Surge to Record Levels
PACCAR Inc achieved record sales and earnings for the second quarter and first half of 1999, according to Mark C. Pigott, chairman and chief executive officer. ... Continue reading
Prime Capital Signs Lease Administration Partnership With Limousine Coach Builder
Prime Capital Corporation announced that its specialty vehicle division, Capital Alliance Financial Services has signed a lease administration agreement with Edson Financial, Inc., the captive finance affiliate of Krystal Koach, Inc. ... Continue reading
PROVIDATA Automotive Appoints Suzanne Murtha
PROVIDATA Automotive, the automotive industry's leading market research and competitive intelligence firm, announced the appointment of Suzanne Murtha to the new position of Director, Automotive Component Forecasting. ... Continue reading
Reynolds and Reynolds Reports Record Third Quarter Revenues and Earnings
The Reynolds and Reynolds Company reported that quarterly revenues exceeded $400 million for the first time in the company's history. ... Continue reading
Russell/USAC: McQuarrie Ready for Triple Crown Round 2 at Sears Point
Russell/USAC: McQuarrie Ready for Triple Crown Round 2 at Sears Point ... Continue reading
Saab Announces Executive Management Changes
Joel K. Manby has been named vice president, sales, marketing and retail network development at Saab Automobile AB, Trollhattan, Sweden. ... Continue reading
Snap-on Incorporated Reports Record Sales and Earnings Per Share
Snap-on Incorporated announced record results for second quarter sales and earnings per share, excluding restructuring- related transitional and other non-recurring charges, and increased net earnings for the quarter. ... Continue reading
Spatial Inc. offers MetaSTEP Implementation and Consulting Services
Spatial Inc. announced the availability of implementation and consulting services for MetaSTEP(TM), the STEP data exchange interface from Metaphase Technology, a division of Structural Dynamics Research Corporation ... Continue reading
The Cobalt Group Names Jeffrey Lissack Vice President of Business Integration
The Cobalt Group, the leading provider of Internet marketing solutions to automobile dealerships and manufacturers, has named Jeffrey Lissack vice president of business integration, the company announced today. ... Continue reading
The Eastern Company Declares Quarterly Dividend
The directors of The Eastern Company declared a regular quarterly dividend of $0.11 per share payable Sept. 15, 1999 to shareholders of record August 27, 1999. ... Continue reading
Thomas Built Buses has Agreed to Install Puradyn's Purifiner as an Option At the Factory
Puradyn Filter Technologies reported that Thomas Built Buses, one of the nation's largest provider of school buses have agreed to install the Puradyn's Purifiner On Board Oil Management System at the factory. ... Continue reading
Thousands of Motorcyclists Return to Marysville for 11th Honda HomeComing
They may have been traveling for days on the open road aboard their Gold Wing, Valkyrie and Shadow motorcycles, but they'll know they're home when they arrive at Marysville to attend the Honda HomeComing. ... Continue reading
Two Delphi Facilities Named Finalists In Industryweek's America's Best Plants
Two Delphi Automotive Systems plants are among 25 finalists in INDUSTRYWEEK's America's Best Plants competition. ... Continue reading
UGN, Inc. Announces Relocation of Corporate Headquarters to Chicago
UGN, Inc. recently relocated its corporate headquarters from Chicago Heights to a newly renovated Chicago facility, announced Gary Jamison, UGN president and CEO. ... Continue reading
USAC: Boone, Edenholm Garner Wins at Ventura; TQs Return July 27th
USAC: Boone, Edenholm Garner Wins at Ventura; TQs Return July 27th ... Continue reading
USAC: Smoker Continues 16th Street Title Quest Saturday; Ricky Shelton Released After Surgery
USAC: Smoker Continues 16th Street Title Quest Saturday; Ricky Shelton Released After Surgery ... Continue reading
W. Wayne Booker Elected to the Hertz Corporation Board of Directors
The Hertz Corporation announced the election of W. Wayne Booker, Vice Chairman and Chief Financial Officer of Ford Motor Company, to its Board of Directors. ... Continue reading
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