$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 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
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
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
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
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
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 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, 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
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 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
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 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
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
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'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 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 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
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
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
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
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
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
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. 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. 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, 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 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
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, 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
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
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 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 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 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
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
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
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
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
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
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
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
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 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
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
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 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
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
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
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 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 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
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. 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
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 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 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 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, 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
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
STOOPS FREIGHTLINER SPRINT CAR SERIES, NATIONAL MIDGET SERIES, WESTERN STATES SERIES ... Continue reading
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 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 announced results for the fiscal 1999 second quarter ended September 30, 1998. ... Continue reading
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