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February 1999

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Friday, February 26, 1999

AMA: Can Russell Make it Six in Daytona?

AMA: Can Russell Make it Six in Daytona?

AMA: Can Russell Make it Six in Daytona? ... Continue reading

Arvin Completes Purolator Filter Sale

Arvin Completes Purolator Filter Sale

Arvin Industries, Inc. announced that it has completed the transaction to acquire the Purolator Products automotive filter business from Mark IV Industries, Inc. Purolator(TM) has sales of approximately $345 million. ... Continue reading

ASV Inc. Reports Record Year

ASV Inc. Reports Record Year

ASV Inc., which manufactures the Posi-Track(TM) all-purpose crawler, reported record year-end results. ASV's fiscal 1998 net sales increased 60 percent to $39,018,904 from $24,315,591 for fiscal 1997. ... Continue reading

AUTO QUESTIONS AND ANSWERS FOR WEEK 09

AUTO QUESTIONS AND ANSWERS FOR WEEK 09

AUTO QUESTIONS AND ANSWERS FOR WEEK 09 ... Continue reading

AutoSmart USA Opens Internet New Car Showroom At Wholesale Prices

AutoSmart USA Opens Internet New Car Showroom At Wholesale Prices

AutoSmart USA, Inc. a division of Interactive Multimedia Network, Inc., offers a unique concept for car and truck buyers. The opportunity to purchase or lease the new car or truck of their choice for as low as 2% over factory invoice. ... Continue reading

Backgrounders and Product Information for the Exhibitors of SAE Mexico

Backgrounders and Product Information for the Exhibitors of SAE Mexico

Following are backgrounders and product information for the exhibitors of SAE Mexico at the Society of Automotive Engineers (SAE) Congress and Exhibition March 1-4, 1999 in Detroit, Michigan ... Continue reading

BREED Announces New Business Awards

BREED Announces New Business Awards

BREED Technologies, Inc. announced that the company has been awarded more than $618 million in new and continuing business, during the first half of its 1999 fiscal year, for automobile programs extending out to the year 2009. ... Continue reading

Bridgestone Corp Announces 1998 Consolidated Financial Results

Bridgestone Corp Announces 1998 Consolidated Financial Results

Bridgestone Corporation, parent company of Bridgestone/Firestone, Inc. (BFS), announced that its consolidated, or worldwide, after tax net earnings reached a record high in 1998. ... Continue reading

Bullhide Liner Corporation Signs Eight New Application Centers

Bullhide Liner Corporation Signs Eight New Application Centers

The Bullhide Liner Corporation announced that they have signed eight new application centers in January and February 1999. ... Continue reading

CarMax Completes Acquistion of Mitsubishi Franchise In Atlanta

CarMax Completes Acquistion of Mitsubishi Franchise In Atlanta

The CarMax subsidiary of Circuit City Stores, Inc. announced that it has completed the acquisition of Boomershine Mitsubishi from Boomershine Automotive, Inc. and will relocate the franchise to its Town Center used-car superstore. ... Continue reading

CART Drivers Primed for Largest Purse in Racing History

CART Drivers Primed for Largest Purse in Racing History

CART Drivers Primed for Largest Purse in Racing History ... Continue reading

CART: Herta Sets Track Record in CART Open Test

CART: Herta Sets Track Record in CART Open Test

CART: Herta Sets Track Record in CART Open Test ... Continue reading

CART: Team Gordon Toyota-Powered Swift Passes First Test

CART: Team Gordon Toyota-Powered Swift Passes First Test

CART: Team Gordon Toyota-Powered Swift Passes First Test ... Continue reading

Corporate Profile for Energy Partners, L.C., Dated Feb. 26, 1999

Corporate Profile for Energy Partners, L.C., Dated Feb. 26, 1999

Company description: ENERGY PARTNERS, L.C., a West Palm Beach, Florida based limited liability company, is committed to the research and product development of PEM fuel cell technology. ... Continue reading

CTS Corporation Announces New 16mm Rotary Encoder

CTS Corporation Announces New 16mm Rotary Encoder

CTS Electrocomponents has introduced a new family of rotary encoders (Series 288) with optional momentary switch for digital interface applications. ... Continue reading

DynaMotive Announces Completion of US $1.5M Private Placement

DynaMotive Announces Completion of US $1.5M Private Placement

DynaMotive Technologies Corporation announced that it has closed a US $1.5 million private placement subscribed mainly by existing shareholders. ... Continue reading

Extech Corp. Acquires DCAP Insurance; DCAP Goes Public

Extech Corp. Acquires DCAP Insurance; DCAP Goes Public

Dealers Choice Automotive Planning Inc. (DCAP) and its affiliates were acquired by Extech Corporation, a holding company with diversified interests, in exchange for stock. ... Continue reading

Ford Investment Enterprises Corporation Names Don Thornton

Ford Investment Enterprises Corporation Names Don Thornton

Don Thornton has been named director of Governmental and Business Liaison for Ford Investment Enterprises Corporation (FIECo), according to Ross Roberts, president of FIECo, a subsidiary of Ford Motor Company. ... Continue reading

Ford's President and CEO Named Automotive Industries' Exec of the Year

Ford's President and CEO Named Automotive Industries' Exec of the Year

Jac Nasser, Ford Motor Company's president and chief executive officer, has been chosen Automotive Industries' Executive of the Year for 1999. ... Continue reading

IRL: Boat Puts Unique Twist int Rush Hour Commute in Phoenix

IRL: Boat Puts Unique Twist int Rush Hour Commute in Phoenix

IRL: Boat Puts Unique Twist int Rush Hour Commute in Phoenix ... Continue reading

IRL: ISM, Ward Together Preparing for Phoenix

IRL: ISM, Ward Together Preparing for Phoenix

IRL: ISM, Ward Together Preparing for Phoenix ... Continue reading

Ivaco Reports 1998 Results

Ivaco Reports 1998 Results

Ivaco Inc. reported a net loss from continuing operations of $15,189,000 or $1.03 per share for the year ended December 31, 1998 compared to net earnings from continuing operations of $31,681,000 or $0.53 per share in 1997. ... Continue reading

Mark IV Completes Sale of Purolator Automotive Filter Business

Mark IV Completes Sale of Purolator Automotive Filter Business

Mark IV Industries, Inc. announced that is has completed the sale of its Purolator automotive filter business to Arvin Industries, Inc., for $276 million. The purchase price includes the assumption of approximately $6.0 million of debt. ... Continue reading

Mercedes-Benz Offers Alabama Factory Delivery of Award-Winning SUV

Mercedes-Benz Offers Alabama Factory Delivery of Award-Winning SUV

Mercedes-Benz of North America, Inc. announced the beginning of its U.S. factory delivery program for the M-Class Sport Utility Vehicle which is built in Tuscaloosa, Alabama. ... Continue reading

Mills Named Director of Corporate Affairs at Intermet

Mills Named Director of Corporate Affairs at Intermet

Intermet Corporation announced that Bytha Mills has been named Director of Corporate Affairs. In a newly created position, Mills will assume responsibility for senior management compensation administration and the employee benefitsdepartment. ... Continue reading

Mirage Holdings, Inc. Signs a 'Letter of Intent' for Two Acquisitions

Mirage Holdings, Inc. Signs a 'Letter of Intent' for Two Acquisitions

Mirage Holdings, Inc. announced that it has secured a 'Letter of Intent' to fully acquire Network Solutions (Pvt.) Ltd. and Netsol UK, Ltd. ... Continue reading

NASCAR WCUP: Square D Racing Review/Preview

NASCAR WCUP: Square D Racing Review/Preview

NASCAR WCUP: Square D Racing Review/Preview ... Continue reading

Navigation Technologies Names Takehiro Hamanaka, as Managing Director

Navigation Technologies Names Takehiro Hamanaka, as Managing Director

Navigation Technologies Corporation, the premier developer of map databases used by in-vehicle navigation systems, announced the appointment of Takehiro Hamanaka, as managing director of the company's Japanese operations. ... Continue reading

NHRA: IRP Team Kendall Challenge Opener

NHRA: IRP Team Kendall Challenge Opener

NHRA: IRP Team Kendall Challenge Opener ... Continue reading

Profiles and Product Info for Exhibitors in Team Britain Pavilion at SAE

Profiles and Product Info for Exhibitors in Team Britain Pavilion at SAE

Following are company profiles and product information about nine exhibitors who will participate in the Team Britain Pavilion at the Society of Automotive Engineers Congress and Exhibition March 1-4, 1999 in Detroit, Michigan. ... Continue reading

Raceline

Raceline

The Auto Channel--Raceline ... Continue reading

RALLY: Ford kicks up the dust in Safari Rally opener

RALLY: Ford kicks up the dust in Safari Rally opener

RALLY: Ford kicks up the dust in Safari Rally opener ... Continue reading

RALLY: Welcome to the 1999 Safari Rally Kenya

RALLY: Welcome to the 1999 Safari Rally Kenya

RALLY: Welcome to the 1999 Safari Rally Kenya ... Continue reading

R&B, Inc., Reports Record Financial Results

R&B, Inc., Reports Record Financial Results

R&B, Inc. reported record financial results for both the 1998 fourth quarter and full year. The 1998 fourth quarter is the eleventh consecutive quarter of improved sales and earnings on a year-over-year basis. ... Continue reading

Smart Choice Automotive Group, Inc. Withdraws 1998 Earnings Report

Smart Choice Automotive Group, Inc. Withdraws 1998 Earnings Report

Smart Choice Automotive Group, Inc., a leading consolidator in the "dealer-financed" used car retailing industry in Florida, announced 1998 net income of $4,611,523 or $.68 per diluted share. ... Continue reading

Spatial's ACIS Kernel Enhances Japanese Machine Tool Software

Spatial's ACIS Kernel Enhances Japanese Machine Tool Software

Spatial Technology Inc., the world's leading developer of open, component 3D modeling technology, announces ACIS(R)-enabled MYPAC SUPER CAM, a Japanese machining software package developed by Kuraki Co., Ltd. ... Continue reading

STOCKS: Pennzoil To Sponsor ASA Rookie Of The Year Jimmie Johnson

STOCKS: Pennzoil To Sponsor ASA Rookie Of The Year Jimmie Johnson

STOCKS: Pennzoil To Sponsor ASA Rookie Of The Year Jimmie Johnson ... Continue reading

Taglich Brothers Announces Buy Recommendation on Riviera Tool

Taglich Brothers Announces Buy Recommendation on Riviera Tool

Taglich Brothers, D'Amadeo, Wagner & Company, Inc. has initiated coverage on Riviera Tool Company (recent price: $5.00) with a strong buy recommendation. ... Continue reading

The Timken Company Hosts Centennial Celebration in Australia

The Timken Company Hosts Centennial Celebration in Australia

Associates at Australian Timken Proprietary Limited launched their Centennial commemoration joining Timken associates around the world in celebrating the company's 100th anniversary. ... Continue reading

UNOVA Elects Three New Corporate Vice Presidents

UNOVA Elects Three New Corporate Vice Presidents

James A. Herrman, Thomas O. Miller and Steven J. Winter have been elected Corporate Vice Presidents of UNOVA, Inc. by the industrial technologies company's Board of Directors, effective February 5, 1999. ... Continue reading

UPDATE: BMW COUP, FORD FIRE, FAST CADS, SAE HISTORY

UPDATE: BMW COUP, FORD FIRE, FAST CADS, SAE HISTORY

UPDATE: BMW COUP, FORD FIRE, FAST CADS, SAE HISTORY ... Continue reading

Ward's Communications Announces Staff Realignment

Ward's Communications Announces Staff Realignment

Ward's Communications announces a sweeping realignment of its editorial, advertising and database operations designed to more fully utilize resources and create new synergies with its sister companies. ... 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 344,159 units, down from the 367,618 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

White House to Announce Child Seat Anchor System

White House to Announce Child Seat Anchor System

President Clinton will announce the requirements for the standardized child safety seat anchorage system in his weekly radio address on Saturday. ... Continue reading

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