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August 1998

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Monday, August 24, 1998

240 Rides Again?

240 Rides Again?

The original 240Z, introduced in 1970, was a true sensation, opening the door for a wide range of small, yet swift import sports coupes, including Toyota's Celica (later the Supra), the Mazda RX-7 and Isuzu's Impulse. But none had the panache and performance of the Z. ... Continue reading

Aid Auto Stores Announces Q2 Results

Aid Auto Stores Announces Q2 Results

Aid Auto Stores Inc. announced the financial results for the three and six month periods ended June 30, 1998. ... Continue reading

Air Products `On a Fast Track' With Its Nitrogen Service

Air Products `On a Fast Track' With Its Nitrogen Service

Air Products and Chemicals, Inc. is celebrating a decade of service to the auto racing industry, having provided gaseous nitrogen capacity and related supply services to over 400 racing teams at nearly 50 racetracks. ... Continue reading

American IndyCar Series Signs with Birmingham International Raceway

American IndyCar Series Signs with Birmingham International Raceway

Bret Decker, president of Pan American Motorsports, Inc., announced that the American IndyCar Series has entered into a three year agreement with the Alabama State Fair Complex to race at the Birmingham International Raceway. ... Continue reading

Auto Club and the Fullerton Museum Center Join Forces

Auto Club and the Fullerton Museum Center Join Forces

The Automobile Club of S. California and the Fullerton Museum Center have joined together to present an exhibit of historic photographs and memorabilia depicting the construction, the development and pop culture of Pacific Coast Highway. ... Continue reading

Automotive Perfomance Group Completes Private Placement

Automotive Perfomance Group Completes Private Placement

Automotive Performance Group, Inc., a full-service owner and operator of high performance automotive businesses and brands, announced that it has completed the private placement sale of 1.65 million shares of series A preferred stock for $3.3 mil. ... Continue reading

AutoZone Announces Successful Tender Offer

AutoZone Announces Successful Tender Offer

AutoZone, Inc. announced that it has successfully completed its Offer to Purchase and Solicitation of Consents related to the 10 1/2% Senior Notes due 2005 of its wholly-owned subsidiary Chief Auto Parts Inc. ... Continue reading

Batman vs. the Joker - Showdown at Charlotte

Batman vs. the Joker - Showdown at Charlotte

Ford Credit is conducting a special "Batman vs. The Joker, Showdown at Charlotte" consumer promotion leading up to the UAW- GM Quality 500 NASCAR Winston Cup race at Charlotte Motor Speedway on Oct. 4. ... Continue reading

Bids Submitted for Korean Kia Motors

Bids Submitted for Korean Kia Motors

Four auto companies submitted bids for the bankrupt Kia Motors Co. and its sister company, Asia Motors. The bids came in from U.S.-based Ford Motor Co. and three South Korean firms. ... Continue reading

Borg-Warner Automotive Drive-Chain Sprocket Recognized With Award

Borg-Warner Automotive Drive-Chain Sprocket Recognized With Award

A Borg-Warner Automotive Morse TEC-designed Gemini sprocket has been recognized with the 1998 Ferrous Powder Metal Part-of-the- Year Award. ... Continue reading

Brake Headquarters U.S.A., Inc., Announces Q2 Results

Brake Headquarters U.S.A., Inc., Announces Q2 Results

Brake Headquarters U.S.A., Inc. reported gross sales increased by $12.3 million or 166% to $19.7 million for the three months ended June 30, 1998, and gross sales for the six months ended June 30, 1998 increased by $21.3 million. ... Continue reading

Carfax Introduces Clean Title History Guarantee

Carfax Introduces Clean Title History Guarantee

Used car buyers can now rest a little easier. Carfax Vehicle History Service, the country's leading provider of vehicle history reports, announces a major product redesign to improve its already popular Carfax report. ... Continue reading

Chicago Rawhide Announces Mexican Expansion

Chicago Rawhide Announces Mexican Expansion

Chicago Rawhide announced plans to expand into the Mexican market by assuming full control of C/R Mexicana, its joint venture partner based in Guadalajara, Mexico. Chicago Rawhide previously had owned 40% of the Mexican oil seal producer. ... Continue reading

Could You Be Passing Up a Potentially Profitable Collector Car?

Could You Be Passing Up a Potentially Profitable Collector Car?

In announcing his annual "Top Ten Sleeper List" Brownell noted that there is a wide mix of affordable cars ranging in age from the late 1940s to the late '80s which are advertised in Hemmings each month. ... Continue reading

David Chandler, Chairman Of Redlaw Industries Inc. Dies

David Chandler, Chairman Of Redlaw Industries Inc. Dies

David L. Chandler, chairman of the board, president and CEO of Redlaw Industries Inc. died suddenly at his New York City apartment on Friday, August 21, 1998. ... Continue reading

'Do the Buckle' Campaign in Seattle Makes Seatbelts "Cool"

'Do the Buckle' Campaign in Seattle Makes Seatbelts "Cool"

Featuring a fleet of ten Chrysler minivans, the "Do the Buckle" safety tour is traveling the country carrying safety messages to schools, malls, day care centers, local events and other community events. ... Continue reading

Ford Motor Company Selects CimStation Inspection

Ford Motor Company Selects CimStation Inspection

SILMA, a division of Adept Technology, Inc. announced that Ford Motor Company has selected CimStation Inspection as the standard quality management software for offline programming and simulation of coordinate measurement machines. ... Continue reading

Ford Plant Expands Production

Ford Plant Expands Production

The Ford Sharonville Transmission Plant will expand production on its innovative "flex" line to include the 4R70W rear-wheel drive 4-speed automatic overdrive transmission. ... Continue reading

Future Three at AutoTech 1998

Future Three at AutoTech 1998

Future Three, developers of fully integrated release accounting and shipping control applications for automotive suppliers, will once again exhibit at AutoTech, September 1-3, 1998 at Detroit's Cobo Conference and Exhibition Center. ... Continue reading

Harvard Industries' Reorganization Plan Approved

Harvard Industries' Reorganization Plan Approved

Harvard Industries, Inc. announced the approval of the Disclosure Statement in respect of its Plan of Reorganization. ... Continue reading

Hemmings Motor News Adds New "Cars Of The '50s Calendar"

Hemmings Motor News Adds New "Cars Of The '50s Calendar"

HEMMINGS MOTOR NEWS brings it all back with the latest addition to their growing family of collector-car calendars -- the 1999 "Cars of the '50s" calendar. ... Continue reading

Historic Decline In Alcohol-Related Traffic Deaths

Historic Decline In Alcohol-Related Traffic Deaths

U.S. Transportation Secretary Rodney E. Slater announced that the percentage of alcohol-related traffic fatalities in the United States dropped to an historic low in 1997. ... Continue reading

Industrywide Consolidation Forcing Automotive Battery Aftermarket Manufacturers to Refocus Strategies

Industrywide Consolidation Forcing Automotive Battery Aftermarket Manufacturers to Refocus Strategies

Battery designs have not changed dramatically, although they now carry heavier loads and operate in tougher conditions, says Quock. Computer Aided Design and Manufacturing is the only technology trend expected to play an important role in the aftermarket during the forecast period 1998 to 2004. Electric vehicles, thin- ... Continue reading

Integrated Systems Plans for Automotive Embedded Development Environment

Integrated Systems Plans for Automotive Embedded Development Environment

Integrated Systems, Inc. , the leading supplier of Real-Time Operating Systems announced it plans to tailor its CORBA-based pRISM+(TM) development environment to automotive embedded applications. ... Continue reading

Intermet Names General Manager of Frisby Machining Operation

Intermet Names General Manager of Frisby Machining Operation

Intermet Corporation announced that George B. Freer has been named general manager of Frisby P.M.C. Inc., an Intermet precision machining company located in Elk Grove Village, Illinois. ... Continue reading

Johnson Controls Makes Surprise Features for New Grand Cherokee

Johnson Controls Makes Surprise Features for New Grand Cherokee

Johnson Controls will contribute several innovations to the 1999 Jeep Grand Cherokee, including an electronic vehicle information center and new seating comfort and convenience options. ... Continue reading

Kenwick Industries Completes Acquisition of Two Companies

Kenwick Industries Completes Acquisition of Two Companies

Kenwick Industries, Inc. announced they have completed the acquisition of Automax USA and Automax Finance, Inc. one week ahead of schedule. ... Continue reading

Lear Reports Impact of GM Work Stoppages

Lear Reports Impact of GM Work Stoppages

Lear Corporation reported that its third quarter 1998 earnings per share will be adversely affected due to the previously concluded work stoppages at General Motors. ... Continue reading

Mercury Brews Up Virtual Cars at New Cyber Cafe

Mercury Brews Up Virtual Cars at New Cyber Cafe

Mercury's Cyber Cafe rolls into Orlando for an eight-day stay. The Cyber Cafe's stop in Orlando is part of a national tour to introduce the 1999 Mercury Cougar to prospective owners through an interactive, state-of-the-art display. ... Continue reading

Mobil Discovery Well in Indonesia Flows Tremendously

Mobil Discovery Well in Indonesia Flows Tremendously

Mobil Corporation announced Monday that a second drill stem test of the West Seno-2 deepwater discovery offshore East Kalimantan flowed at a daily rate of 10,069 barrels of oil and 9.5 million cubic feet of gas. ... Continue reading

Moll Industries, Inc., Reports Strong Q2 1998 Results

Moll Industries, Inc., Reports Strong Q2 1998 Results

Moll Industries, Inc., a full service provider of custom injection molded and assembled plastic components announced strong second quarter results. ... Continue reading

NASCAR Trucks: Compton Wins at Heartland Park

NASCAR Trucks: Compton Wins at Heartland Park

NASCAR Trucks: Compton Wins at Heartland Park ... Continue reading

New President Named For the Canaan Group

New President Named For the Canaan Group

AlliedSignal Inc. announced that Joe Gullion, has been named president of The Canaan Group Ltd., a leading aerospace management consulting firm. ... Continue reading

NHRA: Rain Hampers Final Two Qualifying Rounds

NHRA: Rain Hampers Final Two Qualifying Rounds

NHRA: Rain Hampers Final Two Qualifying Rounds ... Continue reading

NHRA: Scelzi, Capps, Martino and Hines Win at Brainerd

NHRA: Scelzi, Capps, Martino and Hines Win at Brainerd

NHRA: Scelzi, Capps, Martino and Hines Win at Brainerd ... Continue reading

Nissan Expanding Installation Of Side Impact Air Bags

Nissan Expanding Installation Of Side Impact Air Bags

Nissan Motor Corporation U.S.A. is expanding the installation of front-seat supplemental side impact air bags on Nissan and Infiniti brand vehicles for the 1999 model year and beyond. ... Continue reading

North Carolina Launches 'Click It Or Ticket' Campaign

North Carolina Launches 'Click It Or Ticket' Campaign

It's "Click It or Ticket" across North Carolina. Local law enforcement officers across the state are stepping up enforcement of seat belt, child passenger safety and other highway safety laws for the busy Labor Day travel weekend. ... Continue reading

Porsche Cars North America Chief Financial Officer

Porsche Cars North America Chief Financial Officer

Porsche Cars North America announced the appointment of Dr. Wolfgang Lindheim, 38, to the position of Chief Financial Officer effective Sept. 1, 1998. ... Continue reading

RALLY: Rally Finland - Final Results

RALLY: Rally Finland - Final Results

RALLY: Rally Finland - Final Results ... Continue reading

Saban and NASCAR Name Hasbro as Master Toy Licensee

Saban and NASCAR Name Hasbro as Master Toy Licensee

Saban Entertainment and NASCAR announced that they have named Hasbro, Inc. as the master toy and game licensee for the children's television series being jointly developed by Fox Kids Network and NASCAR. ... Continue reading

Sclafani Named Avis General Counsel

Sclafani Named Avis General Counsel

Avis Rent A Car, Inc. named Karen C. Sclafani, as Vice President-General Counsel, Avis announced. ... Continue reading

Smart Choice Announces Reverse Stock Split

Smart Choice Announces Reverse Stock Split

Smart Choice Automotive Group, Inc., a leading consolidator in the "dealer-financed" used car retailing industry in the Southeastern United States, announced that its Board of Directors has approved a one-for-two reverse stock split. ... Continue reading

S&P Rates AmeriCredit Automobile Receivables Trust

S&P Rates AmeriCredit Automobile Receivables Trust

Standard & Poor's today assigned its triple-'A' rating to AmeriCredit Automobile Receivables Trust's 1998-C's class A-2, A-3, and A-4 floating-rate asset-backed notes and its 'A- 1'-plus rating to the trust's Class A-1 asset-backed notes. ... Continue reading

Standard Products Declares Regular Quarterly Dividend

Standard Products Declares Regular Quarterly Dividend

Directors of The Standard Products Co. declared a regular quarterly dividend of $.17 per share, payable October 23, 1998 to shareholders of record October 9, 1998. ... Continue reading

Top Driver Executive Director Educates Teens to Beat Statistics

Top Driver Executive Director Educates Teens to Beat Statistics

The country's most unique driver education organization vowed to meet the challenge of today's Department of Transportation findings on driver fatalities and accident rates. ... Continue reading

USAC Sprint Race Results from Salem, IN

USAC Sprint Race Results from Salem, IN

USAC Sprint Race Results from Salem, IN ... Continue reading

USRRC: First Union Six Hours at The Glen Race Results

USRRC: First Union Six Hours at The Glen Race Results

USRRC: First Union Six Hours at The Glen Race Results ... Continue reading

USRRC: Moretti Finishes Career with Win at First Union Six Hours at The Glen

USRRC: Moretti Finishes Career with Win at First Union Six Hours at The Glen

USRRC: Moretti Finishes Career with Win at First Union Six Hours at The Glen ... Continue reading

USRRC: Visteon Panoz Racing Team Toughs it Out at The Glen

USRRC: Visteon Panoz Racing Team Toughs it Out at The Glen

USRRC: Visteon Panoz Racing Team Toughs it Out at The Glen ... Continue reading

WOO: Shaffer Dominates Grays Harbor Preliminary Program

WOO: Shaffer Dominates Grays Harbor Preliminary Program

WOO: Shaffer Dominates Grays Harbor Preliminary Program ... Continue reading

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