The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

January 2000

Select Another Month

Friday, January 28, 2000

ADP/BMW Partnership Helps Produce No. 1 Ranking in Dealer Satisfaction Survey

ADP/BMW Partnership Helps Produce No. 1 Ranking in Dealer Satisfaction Survey

BMW's new Dealer Communication System 2000, jointly developed by BMW of North America, Inc. and ADP(R) Dealer Services, received a number one rating in a recent satisfaction survey by Industrial Marketing Research Inc. of Clarendon Hills, IL. ... Continue reading

ADP Delivers the Most Certified Choices for DaimlerChrysler Dealers

ADP Delivers the Most Certified Choices for DaimlerChrysler Dealers

ADP(R) Dealer Services announced it has become the only provider with multiple dealership management systems certified under DaimlerChrysler's Dealership Service Provider (DSP) program. ... Continue reading

Algoma Steel Inc. Company Announcement

Algoma Steel Inc. Company Announcement

Algoma Steel Inc. announced that the members of United Steelworker Locals 2251 and 2724 have ratified recently negotiated collective agreements running to July 31, 2002. ... Continue reading

AmeriCredit Announces $1,300,000,000 Asset-Backed Securitization

AmeriCredit Announces $1,300,000,000 Asset-Backed Securitization

AmeriCredit Corp. announced the pricing of a $1.3 billion offering of automobile receivables-backed securities through Banc of America Securities LLC, Bear, Stearns & Co. Inc., Chase Securities Inc. and Credit Suisse First Boston. ... Continue reading

ARCA Trucks release 2000 racing schedule

ARCA Trucks release 2000 racing schedule

ARCA Trucks release 2000 racing schedule ... Continue reading

Carlisle Signs Letter of Intent to Acquire Damrow Denmark and Damrow USA

Carlisle Signs Letter of Intent to Acquire Damrow Denmark and Damrow USA

Carlisle Companies Incorporated announced that it has signed a letter of intent with GEA Aktiengesellschaft of Germany to acquire the assets of Damrow Denmark and Damrow USA, a global equipment supplier to the cheese industry. ... Continue reading

Chicago UAW/Ford Workers Earn Record Profit Sharing

Chicago UAW/Ford Workers Earn Record Profit Sharing

Over 4,000 local UAW/Ford employees from the Chicago Stamping Plant and Chicago Assembly Plant will receive a record average $8,000 in profit sharing for 1999. ... Continue reading

Cummins Reports Record Sales and Earnings for the Fourth Quarter

Cummins Reports Record Sales and Earnings for the Fourth Quarter

Cummins Engine announced results for the fourth quarter of 1999, reporting record sales of $1.84 billion and record earnings of $70 million excluding a pre-tax charge. ... Continue reading

DaimlerChrysler Reports Plant Schedule for Week of January 31, 2000

DaimlerChrysler Reports Plant Schedule for Week of January 31, 2000

DaimlerChrysler Corporation reports all nine U.S. assembly plants and all three Canadian assembly plants will operate the week of January 31, 2000. ... Continue reading

DaimlerChrysler Venture Invests in Odetics Subsidiary

DaimlerChrysler Venture Invests in Odetics Subsidiary

Odetics Inc. announced that DaimlerChrysler Venture (DCV) GmbH, a wholly owned subsidiary of DaimlerChrysler AG, has made an investment in Odetics' 93% owned subsidiary, Iteris Inc. ... Continue reading

Dana Corporation Announces Fourth-Quarter Earnings    

Dana Corporation Announces Fourth-Quarter Earnings    

Dana Corporation reported sales for the fourth quarter of 1999 of more than $3.2 billion and operating profits after tax of $143 million. Operating earnings per share were 87 cents on a diluted basis, in line with consensus forecasts. ... Continue reading

Delco Remy Opens New Hungarian Facility to Serve the European Aftermarket

Delco Remy Opens New Hungarian Facility to Serve the European Aftermarket

Delco Remy UK Ltd., a subsidiary of Delco Remy International, Inc., announces the opening of a new remanufacturing factory in Hungary, built specifically to service the demands of the European Aftermarket. ... Continue reading

DENSO Announces Organizational Changes

DENSO Announces Organizational Changes

DENSO International America (DIAM) in Southfield, Mich., announced three key organizational changes in its Customer Support Division. ... Continue reading

Diesel Should Remain Viable Fuel Alternative

Diesel Should Remain Viable Fuel Alternative

California Chamber Vice President, Government Relations Jeanne Cain testified before the California Air Resources Board (CARB) on its proposed rule to require public bus fleets to use cleaner burning diesel and alternative fuels. ... Continue reading

Ford Presents Latest Truck Trends at Philadelphia Auto Show

Ford Presents Latest Truck Trends at Philadelphia Auto Show

Ford Motor Company presented the F-150 SuperCrew and the Explorer Sport Trac at the 2000 Philadelphia International Auto Show. ... Continue reading

Ford's New Jersey Workers Earn Record Profit Sharing Averaging $8,000

Ford's New Jersey Workers Earn Record Profit Sharing Averaging $8,000

Hourly employees at Ford Motor Company's Edison Assembly Plant will receive record profit-sharing payments for 1999, averaging $8,000 each. ... Continue reading

Ford Workers Earn Record Profit Sharing

Ford Workers Earn Record Profit Sharing

Ford Motor Company's eligible hourly employees in the United States will receive a record average of $8,000 in profit sharing for 1999, Ford President and Chief Executive Officer Jac Nasser announced. ... Continue reading

Gleason and Torque Extend Joint Tender Offer for Gleason Common StocK

Gleason and Torque Extend Joint Tender Offer for Gleason Common StocK

Torque Acquisition and Gleason announced that they are extending their offer to purchase all of the outstanding shares of common stock together with the associated preferred share purchase rights, of the Company. ... Continue reading

GSI Lumonics Announces Over $7.5 Million in Orders for Laser Trim Systems

GSI Lumonics Announces Over $7.5 Million in Orders for Laser Trim Systems

GSI Lumonics Inc. announced that it has received over $7,500,000 cumulative fourth quarter orders for Laser Trim Systems from North American semiconductor manufacturers. ... Continue reading

Hayes Lemmerz Announces Strategic Realignment

Hayes Lemmerz Announces Strategic Realignment

Hayes Lemmerz International, Inc. announced a global initiative to better align its business strategy with its market focus. ... Continue reading

Invensys Sells Its Automotive Sealing Systems Business for $400 Million

Invensys Sells Its Automotive Sealing Systems Business for $400 Million

Invensys plc announced the sale of its Automotive Sealing Systems business to CVC Capital Partners for a cash consideration of US$400 million. Completion of the transaction is subject only to regulatory approvals. ... Continue reading

IRL: Blueprint Racing warms up at Disney World

IRL: Blueprint Racing warms up at Disney World

IRL: Blueprint Racing warms up at Disney World ... Continue reading

IRL: Eddie Cheever Practice Notes and Quotes, Orlando

IRL: Eddie Cheever Practice Notes and Quotes, Orlando

IRL: Eddie Cheever Practice Notes and Quotes, Orlando ... Continue reading

IRL: Gregoire pulls fast one by leading practice at Orlando

IRL: Gregoire pulls fast one by leading practice at Orlando

IRL: Gregoire pulls fast one by leading practice at Orlando ... Continue reading

IRL/NASCAR: More fan friendly large video screens on the way at Indianapolis Motor Speedway

IRL/NASCAR: More fan friendly large video screens on the way at Indianapolis Motor Speedway

IRL/NASCAR: More fan friendly large video screens on the way at Indianapolis Motor Speedway ... Continue reading

IRL: Rehabilitation Scheduled for Sam Schmidt

IRL: Rehabilitation Scheduled for Sam Schmidt

Rehabilitation Scheduled for Sam Schmidt ... Continue reading

IRL: Rio Casino Resort to sponsor Foyt's second car

IRL: Rio Casino Resort to sponsor Foyt's second car

IRL: Rio Casino Resort to sponsor Foyt's second car ... Continue reading

IRL: Schmidt Scheduled for Transfer

IRL: Schmidt Scheduled for Transfer

Schmidt Scheduled for Transfer ... Continue reading

IRL: Tickets.com to sponsor Galles ECR Racing, Al Unser Jr.

IRL: Tickets.com to sponsor Galles ECR Racing, Al Unser Jr.

IRL: Tickets.com to sponsor Galles ECR Racing, Al Unser Jr. ... Continue reading

National-Standard Company Announces Executive Appointments

National-Standard Company Announces Executive Appointments

National-Standard Company announced a number of executive appointments. ... Continue reading

National-Standard Company Reports First Quarter Results

National-Standard Company Reports First Quarter Results

National-Standard Company announced a net loss for the first quarter of fiscal year 2000 of $4.3 million or 75 cents per share versus a net income of $.5 million or 9 cents per share for the same period last year. ... Continue reading

Navistar's Green Diesel Technology Allows CARB to Examine Clean-Diesel Option

Navistar's Green Diesel Technology Allows CARB to Examine Clean-Diesel Option

Navistar International Corporation demonstrated to the California Air Resources Board and public its ability to significantly reduce harmful emissions and contribute to cleaning up California's air. ... Continue reading

NHRA: 40th Annual Autozone Winternationals General Information

NHRA: 40th Annual Autozone Winternationals General Information

NHRA: 40th Annual Autozone Winternationals General Information ... Continue reading

NHRA Autozone Winternationals kicks-off new millennium of speed

NHRA Autozone Winternationals kicks-off new millennium of speed

NHRA Autozone Winternationals kicks-off new millennium of speed ... Continue reading

NHRA: Coughlin to begin Pro Stock championship run at Winternationals

NHRA: Coughlin to begin Pro Stock championship run at Winternationals

NHRA: Coughlin to begin Pro Stock championship run at Winternationals ... Continue reading

NHRA: Herbert expects nitro rules changes to add parity to Top Fuel

NHRA: Herbert expects nitro rules changes to add parity to Top Fuel

NHRA: Herbert expects nitro rules changes to add parity to Top Fuel ... Continue reading

NHRA: Slavinski looking to become a 'Force' in Pro Stock Truck ranks

NHRA: Slavinski looking to become a 'Force' in Pro Stock Truck ranks

NHRA: Slavinski looking to become a 'Force' in Pro Stock Truck ranks ... Continue reading

NHRA: Toliver looking for back-to-back Funny Car wins at Pomona

NHRA: Toliver looking for back-to-back Funny Car wins at Pomona

NHRA: Toliver looking for back-to-back Funny Car wins at Pomona ... Continue reading

Noble International Reports Increased Fourth Quarter and Year End Results

Noble International Reports Increased Fourth Quarter and Year End Results

Noble International, Ltd. announced increased revenues and earnings from continuing operations for the three and twelve month periods ended December 31, 1999. ... Continue reading

Oxford Automotive Hires Craig Fitzpatrick As Group Controller    

Oxford Automotive Hires Craig Fitzpatrick As Group Controller    

Oxford Automotive, Inc. recently hired Craig Fitzpatrick to serve as group controller in charge of the financial planning and performance of the Oxford Automotive North American plants located in Alma, Argos, and Corydon. ... Continue reading

Preparation is the Key to Avoiding Winter Auto Problems, AAA Advises

Preparation is the Key to Avoiding Winter Auto Problems, AAA Advises

quick and easy automotive checkup can help prepare a vehicle for the stress of low temperatures, according to AAA. "Winter conditions -- wet, cold and icy weather -- present the greatest challenge to automobiles," says a spokesperson for AAA Texas. ... Continue reading

Radica Games Limited Announces Harley-Davidson(R) License Agreement

Radica Games Limited Announces Harley-Davidson(R) License Agreement

Radica has entered into an exclusive worldwide licensing agreement with Harley-Davidson Motor Company for the rights to market Harley-Davidson(R) branded electronic non-cartridge based handheld products. ... Continue reading

Simpson Reports Record Sales and Earnings For the Fourth Quarter

Simpson Reports Record Sales and Earnings For the Fourth Quarter

Simpson Industries, Inc. announced record sales of $532.7 million and net earnings of $20.8 million for the year ended December 31, 1999. ... Continue reading

Smithers Implements Snow-Traction Test System

Smithers Implements Snow-Traction Test System

Smithers Winter Test Center, a cold-weather automotive proving ground operated by Akron, Ohio-based Smithers Scientific Services is implementing a new snow-traction test system for passenger and light-truck tires used in severe snow conditions. ... Continue reading

Soon One Out of Every Three Cars in Europe Will be Equipped with the Electronic Stability Program

Soon One Out of Every Three Cars in Europe Will be Equipped with the Electronic Stability Program

Already by the year 2004, one out of every three cars in Europe will be equipped with the electronic stability program (ESP). This is the forecast made by market researchers at Continental Teves in Frankfurt. ... Continue reading

TecSyn Announces That It Has Entered in an Agreement

TecSyn Announces That It Has Entered in an Agreement

TecSyn announced that it has entered into a definitive agreement for the sale of its Poli-Twine Group to a private capital firm headquartered in New York for cash. ... Continue reading

TOCA and BRDC come to agreement for 2000 BTCC Class B

TOCA and BRDC come to agreement for 2000 BTCC Class B

TOCA and BRDC come to agreement for 2000 BTCC Class B ... Continue reading

Tower Automotive Announces Increased Revenues

Tower Automotive Announces Increased Revenues

Tower Automotive, Inc. announced increased operating results for the fourth quarter and year ended December 31, 1999. ... Continue reading

Tracks: Irwindale Speedway adds six USAC open wheel races; Five Midget and one Sprint race date

Tracks: Irwindale Speedway adds six USAC open wheel races; Five Midget and one Sprint race date

Tracks: Irwindale Speedway adds six USAC open wheel races; Five Midget and one Sprint race date ... Continue reading

Turbodyne Announces Annual Shareholder Meeting

Turbodyne Announces Annual Shareholder Meeting

Turbodyne Technologies Inc. announced that the 1999 Annual Shareholder Meeting will take place on Friday, March 31, 2000, at 1:30 p.m. at the Miramar Hotel, 1555 S. Jameson Lane, Santa Barbara-Montecito, Calif.. ... Continue reading

UAW/Ford Workers in St. Paul Earn Record Profit Sharing

UAW/Ford Workers in St. Paul Earn Record Profit Sharing

About 1,800 local UAW/Ford employees from the St. Paul Assembly Plant will receive a record average $8,000 in profit sharing for 1999. ... Continue reading

U.S. Automotive Leather Industry Benefits From WTO Decision

U.S. Automotive Leather Industry Benefits From WTO Decision

On January 21, 2000, a World Trade Organization (WTO) panel determined that the Government of Australia had not complied with an earlier WTO directive to withdraw a A$30 million grant paid to Australia's sole automotive leather exporter. ... Continue reading

Vehix.com Announces Free Online Automotive Lead Management Tool

Vehix.com Announces Free Online Automotive Lead Management Tool

Vehix.com, the newly released national automotive online buying service, announced the release of an extensive lead management tool for auto dealers branded as "Sales Matrix". ... 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 381,741 units, up from the 334,112 cars and trucks built last week, according to Ward's Automotive Reports. ... Continue reading

Web Search Engine Takes to the Speedway

Web Search Engine Takes to the Speedway

The Indy Racing League and Northern Light Technology, Inc., a leading Internet search engine, announced the first long-term marketing and media partnership between a major motor sports series and an Internet company. ... Continue reading

Search The Auto Channel

The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.

The Auto Channel Content by Topic

Vehicle manufacturers and alt fuels.