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April 1999

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Thursday, April 29, 1999

1999 United Drag Racers Association Schedule

1999 United Drag Racers Association Schedule

1999 United Drag Racers Association Schedule ... Continue reading

AAA's Gasoline Conservation Tips

AAA's Gasoline Conservation Tips

Conserving fuel will always save you money, especially during times of high gasoline prices, notes AAA. Consumers who follow fuel conservation tips will increase gas mileage, prevent premature wear on vehicles, and reduce air pollution. ... Continue reading

AAA's Traffic Safety Programs Reap Advertising Awards

AAA's Traffic Safety Programs Reap Advertising Awards

Several traffic safety programs by the AAA of Northern California were recognized for innovation and creativity in an East Bay advertising competition. ... Continue reading

AIAG Names AlliedSignal, Walbridge Aldinger Executives To the Board of Directors

AIAG Names AlliedSignal, Walbridge Aldinger Executives To the Board of Directors

Thomas R. Henderson, corporate director of Design Execution Systems for AlliedSignal's Growth and Technology Division, and John Rakolta Jr., chairman and CEO of Walbridge Aldinger Co., have been elected to the AIAG board of directors. ... Continue reading

AlliedSignal Names Lucia Luce Quinn Corporate Vice President Of Marketing

AlliedSignal Names Lucia Luce Quinn Corporate Vice President Of Marketing

AlliedSignal Inc. announced that Lucia Luce Quinn has been named corporate Vice President of Marketing. ... Continue reading

American International Industries Acquires Tough Trucks & Accessories

American International Industries Acquires Tough Trucks & Accessories

American International Industries, Inc. announced that the Company acquired 100% of Tough Trucks & Accessories, Inc. ... Continue reading

APCO Announces Record First Quarter Results

APCO Announces Record First Quarter Results

Automobile Protection Corporation announces record first quarter revenues and net income for the three months ended March 31, 1999. Revenues were also the second highest for any quarter in the Company's history. ... Continue reading

Arbitration Decision Confirms Torvec's Exclusive Ownership of Patents

Arbitration Decision Confirms Torvec's Exclusive Ownership of Patents

Torvec, Inc. announced that a non-appealable decision was made in an arbitration concerning the ownership of three patents relating to future company products. ... Continue reading

Automotive Performance Group Outlines Growth Strategy

Automotive Performance Group Outlines Growth Strategy

Automotive Performance Group, Inc.'s Chairman and Chief Executive Officer Dean M. Willard outlined the Company's major financial goals and strategies in his Letter To Shareholders. ... Continue reading

AutoNation, Inc. Reports First Quarter Income

AutoNation, Inc. Reports First Quarter Income

AutoNation, Inc. reported that for the three months ended March 31, 1999, income from continuing operations increased 38 percent to $50.7 million, or $0.11 per share, from $36.8 million, or $0.08 per share, last year. ... Continue reading

Axis Group Forms Joint Venture In The United Kingdom

Axis Group Forms Joint Venture In The United Kingdom

Allied Holdings, Inc. announced that its wholly owned subsidiary, Axis Group, Inc., will form a joint venture with AutoLogic Holdings plc for the purpose of managing the distribution of vehicles for Ford Motor Company in the UK. ... Continue reading

BMW Developing Gasoline Fuel Cell in Cooperation with DELPHI

BMW Developing Gasoline Fuel Cell in Cooperation with DELPHI

Joining forces with DELPHI Automotive Systems, the largest automotive supplier in the world, BMW is developing an entirely new type of fuel cell able to generate electricity out of gasoline. ... Continue reading

Brand Marketing Selects 100 Brands for Century of Brands Special Issue

Brand Marketing Selects 100 Brands for Century of Brands Special Issue

Recognized brand-names such as Chanel, Coca-Cola, Crest, Ford, Nabisco, Nike and Time are joined by some more surprising selections including Burma Shave and Elvis in Brand Marketing magazine's list of the 100 brands that most changed America in the 20th Century. ... Continue reading

Brazilian Racing News: F-Chevrolet in Taruma

Brazilian Racing News: F-Chevrolet in Taruma

Christian Rocha was the man to beat in the second round of the F-Chevrolet Championship in Taruma, south of Brazil ... Continue reading

Brilliance China Automotive Holdings Limited Announces 1998 Year-End Results

Brilliance China Automotive Holdings Limited Announces 1998 Year-End Results

Brilliance China Automotive Holdings Limited announced its results for the year ended December 31, 1998. ... Continue reading

C2, Inc. Reports Financial Results for the First Quarter of Fiscal 1999

C2, Inc. Reports Financial Results for the First Quarter of Fiscal 1999

C2, Inc. announced its financial results for the first quarter of fiscal 1999. ... Continue reading

CART: Competition Heats Up as FedEx Championship Series Head to Nazareth

CART: Competition Heats Up as FedEx Championship Series Head to Nazareth

CART: Competition Heats Up as FedEx Championship Series Head to Nazareth ... Continue reading

CART: Construction At Nazareth Speedway

CART: Construction At Nazareth Speedway

CART: Construction At Nazareth Speedway ... Continue reading

CART: Driver Standings, April 29

CART: Driver Standings, April 29

CART: Driver Standings, April 29 ... Continue reading

CART: Walker Racing Nazareth Preview

CART: Walker Racing Nazareth Preview

CART: Walker Racing Nazareth Preview ... Continue reading

Construction Begins on New BMW Group Engineering and Testing Center

Construction Begins on New BMW Group Engineering and Testing Center

Construction began on BMW Group's $28 million North American engineering and vehicle emission testing center on Arcturus Avenue near the Port of Hueneme. ... Continue reading

DaimlerChrysler Applauded for Funding Alabama Crash Research Center

DaimlerChrysler Applauded for Funding Alabama Crash Research Center

U.S. Secretary of Transportation Rodney E. Slater applauded DaimlerChrysler for committing up to $2.5 million in funding for a Crash Injury Research and Engineering Network (CIREN) center at the University of Alabama - Birmingham. ... Continue reading

DCR Assigns Ratings to Premier Auto Trust 1999-2

DCR Assigns Ratings to Premier Auto Trust 1999-2

Duff & Phelps Credit Rating Co. (DCR) has assigned the following preliminary ratings to the notes issued by Premier Auto Trust 1999-2: ... Continue reading

Delphi Automotive Systems Introduces First Television Ad Campaign

Delphi Automotive Systems Introduces First Television Ad Campaign

Delphi Automotive Systems unveiled its first-ever television advertising campaign, which also represents its first ad campaign as a publicly traded company. ... Continue reading

Delphi Energy Engineer Receives 'Boss' Kettering Honor

Delphi Energy Engineer Receives 'Boss' Kettering Honor

Raymond 0. Butler Jr., an engineer at Delphi Energy, and a team of inventors took home a 'Boss' Kettering Award for their development of AccuWheel, a method for sensing engine rotational position and speed. ... Continue reading

Denison International Reports Results for the First Quarter

Denison International Reports Results for the First Quarter

Denison International plc reported results for the quarter ended March 31, 1999. Net revenues for the period were down 2.4% from the same period in 1998, while net income declined by 25.5%. ... Continue reading

Donnelly and Schott Form Joint Venture

Donnelly and Schott Form Joint Venture

Donnelly Corporation, based in Holland, Michigan, and Schott Corporation, based in Yonkers, New York, announced the formation of a new joint-venture operation that will design and manufacture electrochromic windows. ... Continue reading

Ducati Motor Holding Announces Record First-Quarter Sales

Ducati Motor Holding Announces Record First-Quarter Sales

Ducati Motor Holding S.p.A., a leading manufacturer of high performance motorcycles, announced record first-quarter 1999 sales. ... Continue reading

Dura Automotive Announces Increased Q1 Operating Results

Dura Automotive Announces Increased Q1 Operating Results

Dura Automotive Systems, Inc. announced increased revenues, operating income and net income for the first quarter ended March 31, 1999. ... Continue reading

Durr Now an International Service Provider

Durr Now an International Service Provider

Durr AG, world market leader in paint finishing systems for the automotive industry, announces the acquisition of Premier Manufacturing Support Services, Cincinnati, Ohio/USA by its subsidiary Durr Inc. ... Continue reading

Eaton Declares Quarterly Dividend

Eaton Declares Quarterly Dividend

Eaton Corporation's Board of Directors declared a regular quarterly dividend of $.44 per common share, payable on May 25 to shareholders of record on May 10, 1999. Eaton has paid dividends on common shares annually since 1923. ... Continue reading

Federal-Mogul and Ward's Honors Automotive Designer Larry Shinoda

Federal-Mogul and Ward's Honors Automotive Designer Larry Shinoda

Federal-Mogul Corporation and Ward's Communications announced the donation of $3,400 to the Larry Shinoda Fund during a ceremony at the Japanese American National Museum in Los Angeles, California. ... Continue reading

Federal-Mogul Named Advance Auto Parts Vendor of the Year

Federal-Mogul Named Advance Auto Parts Vendor of the Year

Federal-Mogul Corporation has received Advance Auto Parts' 1998 Hard Parts Vendor of the Year Award. ... Continue reading

Fidelity Holdings Acquiring Hempstead Mazda

Fidelity Holdings Acquiring Hempstead Mazda

Fidelity Holdings, Inc. announced that through its wholly-owned subsidiary Major Automotive, the Company has entered into an agreement to acquire Hempstead Mazda, to be renamed Major Mazda of Hempstead. ... Continue reading

Harvard Industries Inc. To Close Ripley Die-Casting Facility

Harvard Industries Inc. To Close Ripley Die-Casting Facility

Harvard Industries, Inc. announced plans to close its Hayes- Albion die-casting facility in Ripley, Tennessee on August 31, 1999. ... Continue reading

Hastings Announces 1999 First-Quarter Results

Hastings Announces 1999 First-Quarter Results

Hastings Manufacturing Company, a manufacturer and marketer of automotive-related products, announced the results of its 1999 first quarter, which ended March 31, 1999. ... Continue reading

Hayes Lemmerz International Forms New Cast Components Group

Hayes Lemmerz International Forms New Cast Components Group

To exploit the advantages of its acquisition of market leader CMI International, Hayes Lemmerz International, Inc. announced that it has created the new Cast Components Group and has appointed several new presidents. ... Continue reading

Hayes Lemmerz International Makes Key Appointments

Hayes Lemmerz International Makes Key Appointments

Hayes Lemmerz International made several key appointments to its executive staff, according to Ron Cucuz, CEO and Chairman of HayesLemmerz. ... Continue reading

Huge Vintage Race with TV Stars at Buttonwillow

Huge Vintage Race with TV Stars at Buttonwillow

On May 1-2 one of the most exciting vintage car race weekends of 1999 will take place when Moss Motors presents the 4th Annual British Extravaganza at Buttonwillow Raceway Park ... Continue reading

IRL: Cheever Prepared for Charlotte Nights

IRL: Cheever Prepared for Charlotte Nights

IRL: Cheever Prepared for Charlotte Nights ... Continue reading

IRL: Driver Standings, April 29

IRL: Driver Standings, April 29

IRL: Driver Standings, April 29 ... Continue reading

IRL: Simon Thinks G Force May Have Found New Secrets of Speed

IRL: Simon Thinks G Force May Have Found New Secrets of Speed

IRL: Simon Thinks G Force May Have Found New Secrets of Speed ... Continue reading

Johnson Controls Receives 'Extra Miler' Award From AutoZone

Johnson Controls Receives 'Extra Miler' Award From AutoZone

AutoZone, the nation's leading auto parts chain, has selected Johnson Controls for its "Extra Miler" vendor award. Johnson Controls is the exclusive manufacturer of AutoZone's successful Duralast battery line. ... Continue reading

Lincoln and Cirque Du Soleil Sign North American Presenting Sponsorship Agreement

Lincoln and Cirque Du Soleil Sign North American Presenting Sponsorship Agreement

Lincoln Mercury announced a three-year marketing association with Cirque du Soleil, securing Lincoln the Presenting Sponsor rights for the U.S. portion of the troupe's North American Tour titled Dralion. ... Continue reading

Medar Announces Sale of Welding Division

Medar Announces Sale of Welding Division

Medar, Inc. announced that it has reached agreement with Weltronic/Technitron Corp. of Carol Stream, Illinois for the sale of Medar's Welding Division for estimated total consideration of up to $37.0 million. ... Continue reading

Microphonics Records Profitable First Quarter 1999

Microphonics Records Profitable First Quarter 1999

General Motors, Ford & NASCAR contribute to Microphonics profitable first quarter 1999. The following first quarter results are based on information compiled by the accounting firm of Marlin & Edmondson. ... Continue reading

MotorVac Announces Record Sales and EPS for Q1 of 1999

MotorVac Announces Record Sales and EPS for Q1 of 1999

MotorVac Technologies Inc. announced results for its first quarter of 1999. Sales for the first quarter of 1999 were $4,053,760, a 32 percent increase from $3,083,615 for the first quarter of 1998. ... Continue reading

Myers Industries Declares Quarterly Dividend

Myers Industries Declares Quarterly Dividend

The Board of Directors of Myers Industries, Inc. declared a $.06 per common share quarterly cash dividend payable July 1, 1999, to shareholders of record as of June 11, 1999. ... Continue reading

NASCAR BGN: Driver Standings, April 29

NASCAR BGN: Driver Standings, April 29

NASCAR BGN: Driver Standings, April 29 ... Continue reading

NASCAR Trucks: Bobby Hamilton and Dana Racing have a New 'Vision' for 1999

NASCAR Trucks: Bobby Hamilton and Dana Racing have a New 'Vision' for 1999

NASCAR Trucks: Bobby Hamilton and Dana Racing have a New 'Vision' for 1999 ... Continue reading

NASCAR Trucks: Driver Standings, April 29

NASCAR Trucks: Driver Standings, April 29

NASCAR Trucks: Driver Standings, April 29 ... Continue reading

NASCAR WCUP: Driver Standings, April 29

NASCAR WCUP: Driver Standings, April 29

NASCAR WCUP: Driver Standings, April 29 ... Continue reading

NASCAR WCUP: Jerry Nadeau/Melling Racing California Preview

NASCAR WCUP: Jerry Nadeau/Melling Racing California Preview

NASCAR WCUP: Jerry Nadeau/Melling Racing California Preview ... Continue reading

NASCAR WCUP: Michael Waltrip hoping California plays to his strength

NASCAR WCUP: Michael Waltrip hoping California plays to his strength

NASCAR WCUP: Michael Waltrip hoping California plays to his strength ... Continue reading

New NHTSA Crash Test Results Available on World Wide Web Site

New NHTSA Crash Test Results Available on World Wide Web Site

The U.S. Department of Transportation's National Highway Traffic Safety Administration announced that its latest crash test results for 1999 model year vehicles are now available on the World Wide Web at www.nhtsa.dot.gov/cars/testing/ncap. ... Continue reading

Robert B. Foreman Appointed Vice President, Human Resources at SPX Corporation

Robert B. Foreman Appointed Vice President, Human Resources at SPX Corporation

SPX Corporation announced that it has appointed Robert B. Foreman as Vice President of Human Resources and an officer of the company. ... Continue reading

Slater and CART CEO Craig to Announce Joint Safety Initiative

Slater and CART CEO Craig to Announce Joint Safety Initiative

U.S. Transportation Secretary and Championship Auto Racing Teams Chairman and CEO Andrew Craig will announce a joint initiative that will deliver safety messages to the American public. ... Continue reading

Spartan Motors Announces Strong First Quarter Sales, Earnings Growth

Spartan Motors Announces Strong First Quarter Sales, Earnings Growth

Spartan Motors, Inc. kept pace with the robust national market for RVs and other specialty vehicles, posting a 28% increase in net sales and a 54% increase in net earnings for the first quarter ended March 31, 1999. ... Continue reading

Spring 1999 'Booze It & Lose It' nets 1,609 DWI charges

Spring 1999 'Booze It & Lose It' nets 1,609 DWI charges

North Carolina law enforcement officers made 1,609 driving- while-impaired (DWI) arrests from Friday, April 16, to Sunday, April 25, during the spring 1999 "Booze It & Lose It" crackdown on impaired driving. ... Continue reading

State Auto Financial Corporation Announces First Quarter Earnings

State Auto Financial Corporation Announces First Quarter Earnings

State Auto Financial Corporation reported net earnings per share of $0.25 ($0.25 diluted) for the first quarter ending March 31, 1999, compared to $0.27 per share ($0.27 diluted) for the same 1998 period. ... Continue reading

Strict Laws, Tough Enforcement Are Effective Life Savers on Highways

Strict Laws, Tough Enforcement Are Effective Life Savers on Highways

A combination of stricter laws, including .08 blood alcohol concentration limits, can significantly reduce alcohol-related traffic deaths, according to multi-state studies by the Department of Transportation's NHTSA. ... Continue reading

Syntel Europe Ltd Signs IT Agreement With Budget Rent a Car International

Syntel Europe Ltd Signs IT Agreement With Budget Rent a Car International

Syntel, Inc., a leading information technology (IT) consulting firm, announced that Syntel Europe Ltd has signed a multi-year IT services agreement with Budget Rent a Car International, England to provide a host of IT services. ... Continue reading

TBC Expects to Report Higher Earnings for 1999

TBC Expects to Report Higher Earnings for 1999

Speaking at the annual meeting of stockholders, Louis S. DiPasqua, Vice Chairman and Chief Executive Officer, said that TBC Corporation expects to report higher sales and earnings for 1999. ... Continue reading

Tenneco Earnings Reflect Strong Specialty Packaging

Tenneco Earnings Reflect Strong Specialty Packaging

Tenneco reported first quarter 1999 income from continuing operations of $45m on revenue of $1.85b, before charges related to the sale of the containerboard business and other transactions related to the realignment of Tenneco's corporate functions. ... Continue reading

Tenneco Separates Packaging and Automotive

Tenneco Separates Packaging and Automotive

Tenneco Inc., announced that its board of directors has approved the separation of its automotive and packaging businesses into two independent companies. ... Continue reading

The Auxer Group, Inc. Announces the Acquisition of Hardyston Distributors

The Auxer Group, Inc. Announces the Acquisition of Hardyston Distributors

The Auxer Group, Inc. announced that it has completed the acquisition of Hardyston Distributor's assets and business operations as well as completing an employment agreement with Mr. Ernest DeSaye Jr. ... Continue reading

Touring/Endurance: Le Mans Winner Back Again with BMW V12 Engine

Touring/Endurance: Le Mans Winner Back Again with BMW V12 Engine

Touring/Endurance: Le Mans Winner Back Again with BMW V12 Engine ... Continue reading

Touring: Three BMW V12 LMRs in the Race at Le Mans

Touring: Three BMW V12 LMRs in the Race at Le Mans

Touring: Three BMW V12 LMRs in the Race at Le Mans ... Continue reading

Tracks: Practice Night is Final Exam Before Season Opener at Bloomington

Tracks: Practice Night is Final Exam Before Season Opener at Bloomington

Tracks: Practice Night is Final Exam Before Season Opener at Bloomington ... Continue reading

TRW Declares Quarterly Dividend

TRW Declares Quarterly Dividend

Directors of TRW Inc. declared a quarterly dividend of 33 cents per share on the company's outstanding common stock. ... Continue reading

Walbro Corporation Reports First Quarter Results

Walbro Corporation Reports First Quarter Results

Frank E. Bauchiero, President and Chief Executive Officer, Walbro Corporation reported sales of $188,706,000 for the first quarter ended March 31, 1999, compared with $169,292,000 for the first quarter of 1998. ... Continue reading

World Wise Receives Purchase Order From Dana Canada Axle Plant

World Wise Receives Purchase Order From Dana Canada Axle Plant

General Cybernetics Inc., a subsidiary of World Wise Technologies Inc., is pleased to announce that it has received a purchase order from Dana Canada's Axle Plant of Barrie, Ontario. ... Continue reading

Wynn's International Declares Dividend

Wynn's International Declares Dividend

Wynn's International, Inc. announced that the Board of Directors has declared a regular quarterly dividend of seven cents ($0.07) per share of common stock, payable June 30, 1999 to stockholders of record on June 15, 1999. ... Continue reading

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