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October 1998

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Tuesday, October 27, 1998

$53 Million in Grants to Boost Seat Belt Use Nationwide Announced

$53 Million in Grants to Boost Seat Belt Use Nationwide Announced

U.S. Transportation Secretary announced that 38 states, D.C., and Puerto Rico in fiscal 1999 will share $53M in incentive grants for increasing seat belt use as part of a $1.2B effort over six years to improve safety on the nation's highways. ... Continue reading

AlliedSignal, Kohap, S.K. Chemicals and Sam Yang Join Forces

AlliedSignal, Kohap, S.K. Chemicals and Sam Yang Join Forces

AlliedSignal Inc. announced that it will join with Kohap Ltd., S.K. Chemicals Ltd., and Sam Yang Corporation to form a new Asian Performance Fibers company based in South Korea. ... Continue reading

Alpine Introduces Mobile MayDay Personal Safety System

Alpine Introduces Mobile MayDay Personal Safety System

Mobile MayDay provides motorists with one-touch, two-way communications, personal security, roadside assistance, convenient concierge services and theft recovery. ... Continue reading

Auto Club Offers Haloween Safety Tips

Auto Club Offers Haloween Safety Tips

Halloween can be a tragedy rather than a treat for young people and motorists if they don't follow some basic safety rules, according to the Automobile Club of Southern California. ... Continue reading

Automobile Theft Prevention Authority Offers Free Vehicle VIN Etching

Automobile Theft Prevention Authority Offers Free Vehicle VIN Etching

The Automobile Theft Prevention Authority (ATPA) will be holding a free VIN etching event on Saturday, October 31 from 9 a.m. until noon at the Capital City Mall in Camp Hill, Pennsylvania. ... Continue reading

AutoNation USA 'Pleased' with Court Decision

AutoNation USA 'Pleased' with Court Decision

Republic Industries' President and Co-Chief Executive Officer Steven R. Berrard said that he is "pleased" that a jury in a Florida federal court has affirmed the company's right to the unrestricted use of its "AutoNation USA" brandname. ... Continue reading

Barnes Group Inc. Announces Extension of Odd-Lot Buyback Program

Barnes Group Inc. Announces Extension of Odd-Lot Buyback Program

Terry M. Murphy, Senior Vice President-Finance, announced that due to a positive response from its shareholders, Barnes Group Inc. will extend its Odd-Lot Buyback Program to run from October 27, 1998 to November 20, 1998. ... Continue reading

BAT Puts Ford Couch on Display at BECA

BAT Puts Ford Couch on Display at BECA

BAT is honoring the Ford company celebration of the 90th anniversary of it historic Model T as announced in USA Today on Friday, October 23rd. BAT will be displaying one of the most important pieces of furniture in the automotive industry. ... Continue reading

Borg-Warner Automotive Groups Supply New Jeep Grand Cherokee

Borg-Warner Automotive Groups Supply New Jeep Grand Cherokee

Borg-Warner Automotive, Inc., put the collective technological expertise of its four business groups to work for Chrysler Corporation in the design and development of the 1999 Jeep Grand Cherokee. ... Continue reading

Caca Bueno Wins Round 10 of South American Touring Cars Championship

Caca Bueno Wins Round 10 of South American Touring Cars Championship

Brazilian driver Cacá Bueno, son of TV Globo comentator, Galvão Bueno, won the 10th round of the South American Touring Cars Championship and took the lead of the championship, with 2 rounds to go. ... Continue reading

Capital Automotive REIT Appoints Peter C. Staaf

Capital Automotive REIT Appoints Peter C. Staaf

Capital Automotive REIT announced the appointment of Peter C. Staaf to the position of Vice President-Treasurer of the REIT. Mr. Staaf is responsible for raising debt financing as well as directing the Company's structured finance efforts. ... Continue reading

Car Dealers Sharpen Internet Skills

Car Dealers Sharpen Internet Skills

Although an estimated 60 percent of the nation's franchised new car dealers have established Internet Web sites, questions still abound about the effectiveness of this medium for selling big-ticket items like automobiles. ... Continue reading

Collins & Aikman Reports Q3 Results

Collins & Aikman Reports Q3 Results

Collins & Aikman Corporation reported today a net loss from continuing operations of $8.4 million, or $(0.13) per share, for the third quarter of 1998. ... Continue reading

Coudert Brothers Completes Financing for Shanghai GM

Coudert Brothers Completes Financing for Shanghai GM

The multinational law firm of Coudert Brothers has completed the execution of the year's largest financing in Asia for Shanghai General Motors, a joint venture between General Motors and SAIC of China. ... Continue reading

DCR Assigns Ratings to Premier Auto Trust 1998-5

DCR Assigns Ratings to Premier Auto Trust 1998-5

Duff & Phelps Credit Rating Co. (DCR) has assigned the following ratings to the Notes issued by Premier Auto Trust 1998-5: ... Continue reading

Donnelly Corporation Earns the Chrysler Gold Pentastar Award

Donnelly Corporation Earns the Chrysler Gold Pentastar Award

Donnelly Corporation's EuroGlas operation has earned the Chrysler Gold Pentastar Award for its superior performance during 1998, the company announced. ... Continue reading

Endevco's Low-Cost Portable Accelerometer

Endevco's Low-Cost Portable Accelerometer

Endevco Corp. Tuesday announced Model 50, a small, easy-to-mount Isotron(R) accelerometer offering a dynamic range of +\- 40 g and capable of operating from a 12-volt battery supply or wall transformer. ... Continue reading

FAE, Automotive Switch Manufacturer, Participates In AAIW'98

FAE, Automotive Switch Manufacturer, Participates In AAIW'98

FAE is a leading, high performance and quality, electrical automotive spare part manufacturer, with more than 45 years expertise, with a wide range of designline products and more than 1000 references, including sensors, switches, temperature senders and thermocontacts, with 50% of its production trading in the interna ... Continue reading

Ford of Canada public affairs appointment

Ford of Canada public affairs appointment

The appointment of Pamela J. Kueber as Director - Public Affairs, Ford Motor Company of Canada, Limited, was announced by Bobbie Gaunt, President and Chief Executive Officer. ... Continue reading

GE Plastics Resin Used for 1st Thermoplastic Throttle Body Application

GE Plastics Resin Used for 1st Thermoplastic Throttle Body Application

For the first time in North America, an engineering thermoplastic (ETP) has replaced aluminum under the hood in a throttle body application and ULTEM(R) polyetherimide (PEI) resin has helped make it possible. ... Continue reading

Goodyear, American Trucking Associations Establish Truck Driver Hall of Fame

Goodyear, American Trucking Associations Establish Truck Driver Hall of Fame

Alexandria, Va., will soon join Cleveland, Cooperstown, N.Y., and a growing list of cities that lay claim to being home to Halls of Fame. Alexandria's planned Hall of Fame, however, has little to do with rock and roll or baseball stars, focusing instead on everyday heroes. ... Continue reading

Goodyear Goes South for the Winter Snow and Ice

Goodyear Goes South for the Winter Snow and Ice

The blazing sun and snow-white sand beaches are normally the attraction for nearby Fort Walton Beach. America's largest tiremaker, however, comes here for the fabulous ice and snow. ... Continue reading

Goodyear Honored for Safety Innovation by National Safety Council

Goodyear Honored for Safety Innovation by National Safety Council

The Goodyear Tire & Rubber Company will receive the "Innovator of Safety" award from The Safety and Health Hall of Fame International during induction ceremonies tonight at the National Safety Council's annual Congress and Expo. ... Continue reading

Grant to Hispanic Coalition For National Traffic Safety Program

Grant to Hispanic Coalition For National Traffic Safety Program

U.S. Transportation Secretary Rodney E. Slater announced a National Highway Traffic Safety Administration (NHTSA) grant of $225,000 to the National Coalition of Hispanic Health and Human Services Organizations in Washington, D.C. ... Continue reading

Hilite Industries, Inc. Reports Q1 Fiscal 1999 Results

Hilite Industries, Inc. Reports Q1 Fiscal 1999 Results

Hilite Industries, Inc. reported strong sales and a fifty percent earnings increase for the first quarter of fiscal 1999. ... Continue reading

HSB Group, Inc. Reports Gains in Third Quarter

HSB Group, Inc. Reports Gains in Third Quarter

HSB Group, Inc. reported that the third quarter net income per share on a fully diluted basis, was 72 cents. This represents an increase of 41.2 percent, compared to 51 cents per share over the third quarter of 1997. ... Continue reading

Insurance Auto Auctions Announces the Opening of New Location

Insurance Auto Auctions Announces the Opening of New Location

Insurance Auto Auctions, Inc. announced the opening of a new location in the San Francisco Bay Area. The new site doubles the current acreage in the Bay Area for vehicle storage, service and auction capability. ... Continue reading

IPSCO Announces Cash Dividend

IPSCO Announces Cash Dividend

IPSCO Inc. has announced a cash dividend of $0.125 (Canadian) per share payable 31 December 1998 to shareholders of record as at 10 December 1998. ... Continue reading

IRL: Weekly Notebook

IRL: Weekly Notebook

PEP BOYS INDY RACING LEAGUE WEEKLY NOTEBOOK INDIANAPOLIS, Oct. 26, 1998 - Notes and quotes from the Pep Boys Indy Racing League ... Continue reading

Johnson Controls and Local Minority Business Group Form Venture

Johnson Controls and Local Minority Business Group Form Venture

Johnson Controls, Inc., of Plymouth, Michigan and a Detroit- based minority business group have established Bridgewater Interiors, LLC as a joint venture that will supply automotive interior systems to General Motors, beginning Summer 1999. ... Continue reading

MascoTech, Inc. Announces Q3 Results

MascoTech, Inc. Announces Q3 Results

Frank M. Hennessey, Chief Executive Officer of MascoTech, Inc., announced that the Company expects earnings per common share for the third quarter of 1998 to equal or modestly exceed the consensus analyst estimate of approximately $.32. The Company expects to report earnings at the close of business on Monday, November ... Continue reading

Mexmil Co. and Dick Simon Racing Sign Sponsor Agreement

Mexmil Co. and Dick Simon Racing Sign Sponsor Agreement

The Mexmil Company announced that it has signed a multi-year primary sponsorship agreement with auto racing veteran Dick Simon, principal of Dick Simon Racing, Dana Point, Calif. ... Continue reading

Michelin Tops J.D. Power and Associates Tire Brand Rankings

Michelin Tops J.D. Power and Associates Tire Brand Rankings

Michelin brand tires were ranked the highest in customer satisfaction for both passenger vehicle and light trucks in the J.D. Power and Associates 10th annual Original Equipment Tire Satisfaction Study. ... Continue reading

Micropoint Announces Award of Fifth Patent for Horn Relay

Micropoint Announces Award of Fifth Patent for Horn Relay

Micropoint has added a patent on its design of a two-wire interface circuit for an automobile horn relay to four other patents covering Micropoint's unique Bend Sensor(R) technology and its applications. ... Continue reading

Monaco Coach Reports Q3 Earnings

Monaco Coach Reports Q3 Earnings

Monaco Coach Corporation today released third quarter earnings, reporting sales and operating income up 44.8% and 100.7%, respectively, as compared to results for the same period of 1997. ... Continue reading

Motorola Enters Infrastructure Paging Agreement With Espectracom

Motorola Enters Infrastructure Paging Agreement With Espectracom

Latin American consumers will be able to enjoy better paging services, including higher capacity and roaming capability throughout the US and a large part of Central and SouthAmerica, through an agreement Motorola announced with Espectracom. ... Continue reading

NAMARS: Fike Wins Season Final, Westfall Season Champ

NAMARS: Fike Wins Season Final, Westfall Season Champ

Seventeen year old A.J. Fike, of Galesburg, IL, brought the NAMARS Auto Value midget season to an end Sunday afternoon by winning the 30 lap feature in convincing fashion. ... Continue reading

NASCAR Adds Busch Date to 1999 Phoenix International Raceway Schedule

NASCAR Adds Busch Date to 1999 Phoenix International Raceway Schedule

International Speedway Corporation announced today the addition of a NASCAR Busch Series, Grand National Division race for the 1999 racing season at Phoenix International Raceway, a facility owned and operated by one of the Company's wholly owned subsidiaries, Phoenix Speedway Corporation. The announcement was made pri ... Continue reading

NASCAR Goody's Dash Series: Mickey York Wins at Lakeland

NASCAR Goody's Dash Series: Mickey York Wins at Lakeland

It's was four years and one month ago when Goody's Dash Series veteran, Mickey York last stood in victory lane, but Saturday night York once again faced the strobe of flashing cameras and reporters microphones as the winner of the Discount Auto Parts/Pennzoil 150 at USA International Speedway in Lakeland, Fla. ... Continue reading

NASCAR Goody's Dash Series Report and Results from Lakeland

NASCAR Goody's Dash Series Report and Results from Lakeland

Mickey York; the 51 year old veteran from Asheboro, NC; ended a four year drought by driving his Pontiac to victory circle in the NASCAR Goody's Dash Series Discount Auto Parts/Pennzoil 150 Saturday night at USA International Speedway. ... Continue reading

New Goodyear Ice Tire to Take Winter By Storm

New Goodyear Ice Tire to Take Winter By Storm

Committed to more than doubling the size of the U.S. winter tire market, The Goodyear Tire & Rubber Company introduced its initial salvo, a new winter tire that features a special ice- traction tread compound and design. ... Continue reading

NHRA: Jeg Coughlin, Jr. To Defend First Pro Stock Win at Houston

NHRA: Jeg Coughlin, Jr. To Defend First Pro Stock Win at Houston

Jeg Coughlin, Jr. will be the defending champion at the 2nd Annual Matco Tools Super Nationals (Oct. 29th -Nov. 1st). Jeg is the leading candiate for 1998 NHRA rookie of the year. ... Continue reading

NHRA: Report from Revell Nationals at Texas Motorplex

NHRA: Report from Revell Nationals at Texas Motorplex

John Force led a stampede of record-setting performances in winning the 13th annual Revell Nationals presented by HiLo-O'Reilly Auto Parts Oct. 25 at the state-of-the-art Texas Motorple, the world's only all-concrete dragstrip ... Continue reading

NHRA: Winston Point Standings after Revell Nationals

NHRA: Winston Point Standings after Revell Nationals

NHRA Winston Drag Racing Series point standings (top 10 only) as of Oct. 25, following the 13th annual Revell Nationals at the Texas Motorplex (wins in parentheses) ... Continue reading

Olson Joins Kysor Westran as Director of Sales and Marketing

Olson Joins Kysor Westran as Director of Sales and Marketing

Kysor Westran, a division of Schwitzer Group, announces the appointment of Gene Olson as Director of Sales and Marketing. ... Continue reading

Pacific Exchange to List DaimlerChrysler AG

Pacific Exchange to List DaimlerChrysler AG

The Pacific Exchange (PCX) announced that it has listed the ordinary shares of DaimlerChrysler AG. Trading will begin under the symbol DCX. ... Continue reading

Park 'N View and TravelCenters of America Join to Offer Telecom Services

Park 'N View and TravelCenters of America Join to Offer Telecom Services

Park 'N View and TravelCenters of America announced, at the annual American Trucking Association conference, a partnership in principle specifying PNV as primary provider of TA's internal and external telecommunications services. ... Continue reading

Penda Corp, Acquires Assets of Custom Form Manufacturing, Inc

Penda Corp, Acquires Assets of Custom Form Manufacturing, Inc

Trivest, Inc., through its affiliate Penda Corporation, announced that it has acquired the bedliner and soft tonneau cover assets of Custom Form Manufacturing, Inc. ... Continue reading

Penske Motorsports 1999 Schedule Features New Races

Penske Motorsports 1999 Schedule Features New Races

A NASCAR Craftsman Truck Series race at Michigan Speedway in July, a combination NASCAR Winston Cup and Busch weekend at California Speedway in May, and USAC Silver Crown's return to Nazareth Speedway highlight the 1999 Penske Motorsports, Inc. schedule, according to PMI President Greg Penske. ... Continue reading

Previews Jaguar and Mercedes 'S' Classes

Previews Jaguar and Mercedes 'S' Classes

For both Mercedes and Jaguar, the introduction of their new "S" class sedans represent a new era. And starting today, has first information details posted on-line. ... Continue reading

Prolong International Posts Q3 Results

Prolong International Posts Q3 Results

Prolong International Corp. (AMEX:PRL) Tuesday announced results for the third quarter and nine-month period ended Sept. 30, 1998. ... Continue reading

Racing Champions Reports Record 1998 Q3 Results

Racing Champions Reports Record 1998 Q3 Results

Racing Champions Corporation today reported record sales and earnings for the third quarter and nine months ended September 30, 1998. ... Continue reading

Significant Jump in Colorado's Safety Belt Usage Announced

Significant Jump in Colorado's Safety Belt Usage Announced

U. S. Transportation Secretary Rodney E. Slater joined Colorado Gov Roy Romer in reporting a state-wide safety belt usage rate of 66%, an increase of six percentage points from last year, following an aggressive statewide effort. ... Continue reading

Stratasys, Inc. Announces Record Third Quarter Revenues

Stratasys, Inc. Announces Record Third Quarter Revenues

Stratasys, Inc. announced record revenues for the third quarter and nine months ended September 30, 1998. Revenues for the third quarter rose to a record $7,836,247 as compared to $7,345,471 in the third quarter of 1997, a 6.7% increase. ... Continue reading

There's No Such Thing as a Free Lunch -- or a Maintenance-Free Car

There's No Such Thing as a Free Lunch -- or a Maintenance-Free Car

During National Car Care Month in October, the Automobile Club of Southern California is warning buyers of 1999 models that freedom from tune-ups doesn't mean their cars are maintenance- free. ... Continue reading

Thor Reports Record Net Income, Sales, and E.P.S.

Thor Reports Record Net Income, Sales, and E.P.S.

Thor Industries, Inc. announced record sales, net income, and E.P.S. for the year ended July 31, 1998. ... Continue reading

Top Driver Teams With Tom Sneva's Driving School

Top Driver Teams With Tom Sneva's Driving School

Top Driver and Tom Sneva's School of Safe Driving -- two giants in the Indiana driver education industry -- have announced they are joining forces to change the way people learn to drive and to raise the level of driver education and safety in Indiana. ... Continue reading

Toyota and Exxon Ally for Next Generation Automotive Systems

Toyota and Exxon Ally for Next Generation Automotive Systems

TOYOTA MOTOR CORPORATION (TMC) and Exxon Corporation (Exxon) announced today that they have entered into a long-term alliance to advance the science and technology necessary for next generation automotive systems. ... Continue reading

Uniprime Capital Acceptance First Acquisition Shows Improvements

Uniprime Capital Acceptance First Acquisition Shows Improvements

Uniprime Capital Acceptance, Inc. announced that after only 17 days of operating under Uniprime's proprietary sales and operating program, "The OK Deal", car sales of its initial acquisition of a car dealership had jumped in sales. ... Continue reading

USAC: Nazareth Added to '99 Coors Light Schedule

USAC: Nazareth Added to '99 Coors Light Schedule

Nazareth Speedway and the United States Auto Club today announced a return to Nazareth for USAC's premier racing division, the Coors Light Silver Bullet Series (formerly known as the Silver Crown Series). ... Continue reading

USAC: Weekly Notes and Series Standings - October 26, 1998

USAC: Weekly Notes and Series Standings - October 26, 1998

STOOPS FREIGHTLINER SPRINT CAR SERIES, NATIONAL MIDGET SERIES, WESTERN STATES SERIES ... Continue reading

Volvo and Analogy Announce Technology Partnership

Volvo and Analogy Announce Technology Partnership

Analogy announced a technology partnership with Volvo for the development of a commercially available, state-of-the-art suite of tools for automotive wire harness design that aims to meet the current and planned needs of automotive designers worldwide. ... Continue reading

Wabash National Corp Bain Award For Strategy Excellence Finalaist

Wabash National Corp Bain Award For Strategy Excellence Finalaist

Wabash National Corporation has been recognized as one of 12 finalists for The 1998 Bain Award for Strategy Excellence, an award created to honor mid-size Midwest companies that have translated breakthrough strategy into superior results. ... Continue reading

Warrantech Corporation Announces Second Quarter Results

Warrantech Corporation Announces Second Quarter Results

Warrantech Corporation announced results for the fiscal 1999 second quarter ended September 30, 1998. ... Continue reading

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