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December 1998

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Monday, December 28, 1998

Bill Taylor Named President And CEO Of Mercedes-Benz U.S. International

Bill Taylor Named President And CEO Of Mercedes-Benz U.S. International

Mercedes-Benz U.S. International announced today that effective January 1, 1999, Bill Taylor will become President and CEO of MBUSI. ... Continue reading

Car and Driver Takes Its Show on the Road

Car and Driver Takes Its Show on the Road

Car and Driver magazine speeds onto cable TV Jan. 2, 1999, with an unparalleled mix of technical expertise and driving excitement. The format of Car and Driver Television is geared toward car enthusiasts ... Continue reading

CART: BMW M Coupe Joins PPG Pace Car Team

CART: BMW M Coupe Joins PPG Pace Car Team

CART: BMW M Coupe Joins PPG Pace Car Team ... Continue reading

Chrysler Plymouth and Jeep Dealers Expect to Raise $50,000 for Make-A-Wish Foundation

Chrysler Plymouth and Jeep Dealers Expect to Raise $50,000 for Make-A-Wish Foundation

The Make-A-Wish Foundation of Michigan is being adopted by the Chrysler Plymouth Superstores and the Jeep Dealers to raise a projected $50,000 during an end-of-the-year Chrysler Plymouth Jeep sales event ... Continue reading

Cooper Industries to Cut 1,000 Jobs

Cooper Industries to Cut 1,000 Jobs

Cooper Industries, Inc. announced that it will further consolidate manufacturing operations, relocate a substantial number of production positions to lower-cost locations and reduce of general and administrative expenses company-wide ... Continue reading

Cooper Tire Names Dattilo as President and COO

Cooper Tire Names Dattilo as President and COO

Cooper Tire & Rubber Company announced the appointment of Thomas A. Dattilo to the newly created position of president and chief operating officer ... Continue reading

DaimlerChrysler Reports Approximate First Year Revenues

DaimlerChrysler Reports Approximate First Year Revenues

DaimlerChrysler is expected to start its first business year with strong increases in revenues, sales and earnings figures. Group revenues were up 13% to approximately $148 / DM 260 billion, compared to the pro forma combined figures for the former Daimler-Benz and Chrysler operations (1997 revenues of $127.1 / DM 229. ... Continue reading

Delphi Automotive Partners with Daesung Electric

Delphi Automotive Partners with Daesung Electric

Daesung Electric Co. Ltd. and Delphi Automotive Systems, Packard Electric division, are forming a joint venture to support the design and manufacture of automotive components for Korean automotive manufacturers ... Continue reading

Diesel Progress Names Caterpillar Newsmaker of the Year

Diesel Progress Names Caterpillar Newsmaker of the Year

Diesel Progress magazine has named Caterpillar Inc. as its 1998 Newsmaker of the Year ... Continue reading

Ed Swart Forms New West Coast Racing Assoc.

Ed Swart Forms New West Coast Racing Assoc.

Ed Swart has announced a tie-up with Florida based Historic Sportscar Racing--the well regarded sanctioning body will start up a west coast series of vintage races. The new entity will be known as HSR-West ... Continue reading

Electric Insurance Joins Intuit's Quicken InsureMarket

Electric Insurance Joins Intuit's Quicken InsureMarket

By joining the Quicken InsureMarket(R) service from Intuit Inc., Electric Insurance Company provides consumers in six states with the utmost in online shopping choice and convenience for purchasing auto insurance to date ... Continue reading

F2000: Schroeder Autograph Session

F2000: Schroeder Autograph Session

F2000: Schroeder Autograph Session ... Continue reading

First Priority Group Announces Shareholder Rights Plan and By-Law Amendments

First Priority Group Announces Shareholder Rights Plan and By-Law Amendments

First Priority Group, Inc, announced that its Board of Directors approved a Shareholder Rights Plan and declared a dividend distribution of one Stock Purchase Right on each outstanding share of the Company's Common Stock ... Continue reading

Kia to Open Nine Dealerships in Michigan

Kia to Open Nine Dealerships in Michigan

Kia is about to wrap up its successful market-by-market launch strategy in America by opening nine dealerships in the state of Michigan next week. Five dealerships will open in the Detroit area, three in the Grand Rapids area and one in the Lansing area ... Continue reading

Mercedes-Benz M-Class Plant Exceeds 1998 Production Goals

Mercedes-Benz M-Class Plant Exceeds 1998 Production Goals

As it completes its first full year of production, Mercedes-Benz U.S. International (MBUSI) announced today it had produced 68,727 M-Class vehicles at its plant here in 1998, surpassing its production goal by nearly six percent or 3,727 units ... Continue reading

Monaco Coach Corporation Announces New Ticker Symbol

Monaco Coach Corporation Announces New Ticker Symbol

Monaco Coach Corporation announced that it will commence trading of its common stock on the New York Stock Exchange on Tuesday, December 29, 1998, under the symbol MNC ... Continue reading

NASCAR FMS: Tomaino Celebrates 25 Years in Modifieds

NASCAR FMS: Tomaino Celebrates 25 Years in Modifieds

NASCAR FMS: Tomaino Celebrates 25 Years in Modifieds ... Continue reading

NEC Extends Nitro Funny Car Deal Through Year 2000

NEC Extends Nitro Funny Car Deal Through Year 2000

NHRA Funny Car driver Gary Densham received a two-year contract extension Tuesday from his primary sponsor, NEC America, Inc. ... Continue reading

SPX Corporation Announces Restructuring Charge

SPX Corporation Announces Restructuring Charge

SPX Corporation announced it will take approximately a $210 to $250 million pretax fourth quarter 1998 charge to restructure the former General Signal operations, to close the General Signal headquarters facility, and for other items ... Continue reading

Texan to Receive SAE Medal of Honor

Texan to Receive SAE Medal of Honor

Gregory W. Henderson, Manager, Design, Lockheed Martin Tactical Aircraft Systems in Fort Worth, Texas, has been named as the 1999 recipient of the Society of Automotive Engineers (SAE) Medal of Honor ... Continue reading

Third Annual 'Car Guy of the Year' Award Goes to Bob Lutz; Award Committee Joins Salute via Detroit Radio Show for Announcement

Third Annual 'Car Guy of the Year' Award Goes to Bob Lutz; Award Committee Joins Salute via Detroit Radio Show for Announcement

International automotive industry icon and celebrated veteran car enthusiast Bob Lutz has been named The Car Guy's 'Car Guy of the Year' for 1998 by a select group of automotive industry members ... Continue reading

Top Drivers Headline Motorsports Expo '99

Top Drivers Headline Motorsports Expo '99

Appearances by NASCAR Winston Cup stars Rusty Wallace, Terry Labonte and Ernie Irvan, plus drag racing legend Shirley Muldowney, will be top attractions at Motorsports Expo '99 ... Continue reading

Winter Car Care and Driving Tips

Winter Car Care and Driving Tips

Keeping your car properly maintained, tuned, and modifying your driving habits can save you money, reduce fuel consumption, and help the environment. Here are tips to take the bite out of cold-weather driving ... Continue reading

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