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January 1999

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Friday, January 22, 1999

AAA Members Save With Penske, Hertz Truck Rental Agreement

AAA Members Save With Penske, Hertz Truck Rental Agreement

AAA members can now save up to 12 percent when they rent a truck through an exclusive agreement with Penske Truck Rental and Hertz Truck & Van Rental. ... Continue reading

AMA: Lusk the Defender in Phoenix

AMA: Lusk the Defender in Phoenix

AMA: Lusk the Defender in Phoenix ... Continue reading

AMA/Prostar Motorcycle Drag Racing Series - Updated 1999 Schedule

AMA/Prostar Motorcycle Drag Racing Series - Updated 1999 Schedule

AMA/Prostar Motorcycle Drag Racing Series - Updated 1999 Schedule ... Continue reading

APA: David Scott Send-Off, Thursday, January 28, 6-9 p.m. At Detroit Athletic Club

APA: David Scott Send-Off, Thursday, January 28, 6-9 p.m. At Detroit Athletic Club

Former Ford PR chief David Scott thought he could retire quietly, slip out of town and forget those of us who made his life ... well ... interesting. ... Continue reading

AUTO QUESTIONS AND ANSWERS FOR WEEK 04

AUTO QUESTIONS AND ANSWERS FOR WEEK 04

AUTO QUESTIONS AND ANSWERS FOR WEEK 04 ... Continue reading

BAT's Mexico Auto Production Expands to Third Plant in Sinaloa

BAT's Mexico Auto Production Expands to Third Plant in Sinaloa

BAT International's subsidiary, Southern States Power Co. and its partner, Environmental Process Advanced (EPA) are expanding production of the "Rhino," a composite shell mini-hummer. ... Continue reading

Bentley Motors Into New Era With BMP DDB

Bentley Motors Into New Era With BMP DDB

BMP DDB has been appointed the official agency for Bentley motor cars and is charged with the mission of communicating Bentley brand values across global markets through the DDB network. ... Continue reading

Continued Negotiations Between DaimlerChrysler and Nissan Motor

Continued Negotiations Between DaimlerChrysler and Nissan Motor

DaimlerChrysler and Nissan confirmed that the President of Nissan Motor, Yoshikazu Hanawa, and the Chairmen of DaimlerChrysler, Robert J. Eaton and Juergen E. Schrempp, have met in Tokyo on January 21, 1999. ... Continue reading

CTS Corporation Announces $25 Million Expansion Plan

CTS Corporation Announces $25 Million Expansion Plan

CTS Corporation announced an expansion plan to increase technology capabilities, add new automated assembly equipment and create in excess of 200 jobs during the next three years at CTS Corporation U.K., Ltd. operations. ... Continue reading

DaimlerChrysler Reports Plant Schedule For Week of Jan 25, 1999

DaimlerChrysler Reports Plant Schedule For Week of Jan 25, 1999

DaimlerChrysler Corporation reports all nine U.S. assembly plants and all three Canadian assembly plants will operate the week of January 25, 1999. ... Continue reading

Excelsior-Henderson Announces Sale of Convertible Preferred Stock

Excelsior-Henderson Announces Sale of Convertible Preferred Stock

Excelsior-Henderson Motorcycle Manufacturing Company announced the closing of a private placement of $3 million of Series C Convertible Preferred Stock to an investment fund managed by Rose Glen Capital Management, L.P. ... Continue reading

Excelsior-Henderson Motorcycle Announces EPA Certification

Excelsior-Henderson Motorcycle Announces EPA Certification

Excelsior-Henderson Motorcycle Manufacturing Company announced that the 1999 Super X motorcycle has been certified by the United States Environmental Protection Agency to be in compliance with the Clean Air Act of 1970. ... Continue reading

Ford Announces Record Profit Sharing

Ford Announces Record Profit Sharing

Ford Motor Company President and Chief Executive Officer Jacques Nasser announced record profit sharing for 1998. Profit sharing checks averaging $6,100 will be distributed to eligible U.S. Ford employees on March 3. ... Continue reading

Genuine Parts Company Completes Acquisitions

Genuine Parts Company Completes Acquisitions

Larry Prince, Chairman of the Board of Directors of Genuine Parts Company announced today the completion of the acquisition of H. A. Holden, Inc., a national distributor of materials and parts to the Motor Repair Industry. ... Continue reading

Goran Capital Hires Two Senior-Level Individuals

Goran Capital Hires Two Senior-Level Individuals

Goran Capital Inc. announced that it continued to strengthen its marketing and operational capabilities by hiring two senior- level individuals. ... Continue reading

Honda Auto Receivables 1999-1 Owner Trust Notes Rated

Honda Auto Receivables 1999-1 Owner Trust Notes Rated

Fitch IBCA expects to rate Honda Auto Receivables 1999-1 Owner Trust's $179.424 million 4.974% class A-1 notes 'F1+' and $195 million 5.186% class A-2, $208 million 5.30% class A-3 and $110.608 million 5.35% class A-4 notes 'AAA'. ... Continue reading

IRL: Curry, Stewart Team Up to Field Car for Salles

IRL: Curry, Stewart Team Up to Field Car for Salles

IRL: Curry, Stewart Team Up to Field Car for Salles ... Continue reading

IRL: Goodyear Leads Talented Cast of Veterans Into Orlando

IRL: Goodyear Leads Talented Cast of Veterans Into Orlando

IRL: Goodyear Leads Talented Cast of Veterans Into Orlando ... Continue reading

IROC: Brack, Cheever Invited to Compete in Prestigious IROC Series

IROC: Brack, Cheever Invited to Compete in Prestigious IROC Series

IROC: Brack, Cheever Invited to Compete in Prestigious IROC Series ... Continue reading

Isuzu Amigo Wins Stiff Texas Auto Writers Competition

Isuzu Amigo Wins Stiff Texas Auto Writers Competition

The 1999 Isuzu Amigo Hard Top won first place in the small SUV category at the sixth annual Texas Truck Rodeo, hosted by the Texas Auto Writers Association (TAWA). ... Continue reading

J. Rish Group Makes Announcement

J. Rish Group Makes Announcement

J. Rish Group, Inc. (successor to Best of America Corporation) has this date elected Julian P. Rish, chairman and chief executive officer, announced Edwin J. Cantin, Jr., company president. ... Continue reading

KVH Hits the Road with Low-Cost TV System For RVs and SUVs

KVH Hits the Road with Low-Cost TV System For RVs and SUVs

KVH Industries, Inc. has entered the land mobile television market with a newly designed, low-cost system that delivers direct broadcast satellite programming to a range of recreational and other vehicles travelling the roads. ... Continue reading

Laforza Automobiles Inc. Secures $430,000 in Private Funding

Laforza Automobiles Inc. Secures $430,000 in Private Funding

Laforza Automobiles Inc. announced they have secured $430,000 in funding to provide working capital for recently acquired Laforza SUV inventory. ... Continue reading

Lithia Motors, Inc. Begins Trading on the New York Stock Exchange

Lithia Motors, Inc. Begins Trading on the New York Stock Exchange

Lithia Motors, Inc. confirmed that its stock commenced trading January 20, 1999 on the New York Stock Exchange (NYSE) under the trading symbol "LAD." ... Continue reading

Mack Records Sixth Straight Year of U.S. Market Share Growth

Mack Records Sixth Straight Year of U.S. Market Share Growth

Mack Trucks Inc. announced that it closed 1998 with 26,801 U.S. Class 8 retail sales, which represented 12.8 percent of the heavy truck market. ... Continue reading

Mobil Announces 1999 Investment Program of $4.8 Billion

Mobil Announces 1999 Investment Program of $4.8 Billion

Mobil Corporation said that it expects 1999 capital and exploration expenditures, including cash investments in equity companies, to be $4.8 billion, down about 11 percent from the estimated 1998 spending level of $5.4 billion. ... Continue reading

Motorweek's 1999 Drivers' Choice Awards

Motorweek's 1999 Drivers' Choice Awards

Selected for their superior performance, technology, practicality and value for the dollar, the winners of the 17th Annual Drivers' Choice Awards are: ... Continue reading

National Survey on Unsafe Driving, Red Light Running Program Results

National Survey on Unsafe Driving, Red Light Running Program Results

U.S. Secretary of Transportation Rodney E. Slater will announce the results of a new nationwide survey on unsafe driving practices at 10 a.m. on Friday, Jan. 22, 1999. ... Continue reading

New Management at Electrosource

New Management at Electrosource

Electrosource, Inc. announced the appointment of new corporate officers as follows: ... Continue reading

NHRA: Checker-Schuck's-Kragen to Sponsor NHRA Event at Phoenix

NHRA: Checker-Schuck's-Kragen to Sponsor NHRA Event at Phoenix

NHRA: Checker-Schuck's-Kragen to Sponsor NHRA Event at Phoenix ... Continue reading

NHRA: Holley Puts Dominator Umbrella Over NHRA Pro Stock Program

NHRA: Holley Puts Dominator Umbrella Over NHRA Pro Stock Program

NHRA: Holley Puts Dominator Umbrella Over NHRA Pro Stock Program ... Continue reading

NHRA Winston Showdown Tickets Go on Sale in Bristol Monday, January 25

NHRA Winston Showdown Tickets Go on Sale in Bristol Monday, January 25

NHRA Winston Showdown Tickets Go on Sale in Bristol Monday, January 25 ... Continue reading

Raceline

Raceline

The Auto Channel--Raceline ... Continue reading

RALLY: Tommi Makinen Wins 67th Rally of Monte Carlo

RALLY: Tommi Makinen Wins 67th Rally of Monte Carlo

RALLY: Tommi Makinen Wins 67th Rally of Monte Carlo ... Continue reading

Recoton Corporation Reports Loan Paydown

Recoton Corporation Reports Loan Paydown

Recoton Corporation, a leading global consumer electronic accessories, loudspeaker and car audio company, announced that, through its internal cash flow, the Company has reduced by $15 million its borrowings under its revolving credit facility. ... Continue reading

Roadway Express Expands Guaranteed Expedited Service

Roadway Express Expands Guaranteed Expedited Service

In response to a growing need for quicker delivery than ground transit can provide, Roadway Express, Inc. has expanded its Time-Critical Service to include an air transportation option. ... Continue reading

Saab Announces Worldwide Sales Increase Of 18%

Saab Announces Worldwide Sales Increase Of 18%

Saab Cars USA, Inc., the U.S. importer and distributor of Saab 9-3 and 9-5 automobiles, announced a 1998 sales total of 30,757 cars, the Swedish automaker's highest U.S. sales volume since 1989. ... Continue reading

Sharp Leads Indy 200 Practice Session

Sharp Leads Indy 200 Practice Session

The 1999 Indy Racing League (IRL) season officially got underway with the first day of practice session at the Walt Disney World 200 ... Continue reading

Torvec Lists Common Stock on Nasdaq

Torvec Lists Common Stock on Nasdaq

Torvec, Inc., developer of advanced and fuel-efficient automotive technologies and the FasTrack(TM) vehicle, listed its common stock on the Nasdaq Over-The-Counter system under the symbol TOVC. ... Continue reading

Treadco, Inc. Reports 1998 4Q and Year-End Operating Results

Treadco, Inc. Reports 1998 4Q and Year-End Operating Results

Treadco, Inc. reported net income of $5.5 million, or $1.08 per common share (basic and diluted), for the 1998 fourth quarter. ... Continue reading

Valeo: Double Digit Rise in Provisional 1998 Results

Valeo: Double Digit Rise in Provisional 1998 Results

Valeo's Board of Directors meeting on January 21, 1999 was informed of the Group's provisional consolidated results for 1998. ... Continue reading

Victoria Guennewig Named Vice President, Public Affairs of Cooper Industries

Victoria Guennewig Named Vice President, Public Affairs of Cooper Industries

Victoria Guennewig, 48, has been named Vice President, Public Affairs, of Cooper Industries, Inc., effective February 3, 1999. ... Continue reading

Visteon Taps New President for Aftermarket Climate Control Systems

Visteon Taps New President for Aftermarket Climate Control Systems

Visteon Automotive Systems continues to build its aftermarket organization by appointing William G. Klehm III president of Visteon Climate Control Systems Limited (formerly ARS, Inc.) ... Continue reading

VSI Holdings 'Edutainment' Announces DaimlerChrysler Sponsorship

VSI Holdings 'Edutainment' Announces DaimlerChrysler Sponsorship

Advanced Animations, the "edutainment" (educational entertainment) subsidiary of VSI Holdings' has received a sponsorship commitment by DaimlerChrysler for the 1999 Neon Drunk Driving Simulator Tour. ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 330,484 units, up from the 329,311 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

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