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June 1998

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Wednesday, June 3, 1998

1998 Satisfaction Ratings For All-New Models Soar

1998 Satisfaction Ratings For All-New Models Soar

Analysis released today by automotive consulting firm AutoPacific, Inc. shows all-new vehicle models posting the largest gains in the company's 1998 Vehicle Satisfaction Score(R) (VSS) study. ... Continue reading

AAA Michigan Begins Mailing MCCA Refund Checks

AAA Michigan Begins Mailing MCCA Refund Checks

AAA Michigan announced today it will begin mailing checks tomorrow, June 3, 1998, to its approximately 1.25 million auto insurance policyholders to refund premiums that were paid to the Michigan Catastrophic Claims Association (MCCA). ... Continue reading

AMETEK Names John Fjeldstad V.P. and G.M.

AMETEK Names John Fjeldstad V.P. and G.M.

AMETEK Inc. today announced that it has named John K. Fjeldstad as vice president and general manager of its Dixson Division, effective immediately. He reports to Robert Chlebek, president of AMETEK's Electronic Instruments Group. ... Continue reading

An Initiative for Cleaner Air from Volvo

An Initiative for Cleaner Air from Volvo

Volvo Car Corporation Converts Its Car Radiators Into Catalytic Converters. By Covering The Surface of the Radiator with a Catalytic Coating, It Helps To Remove Dangerous, Smog-Forming Ozone from Air Flowing Through the Radiator. ... Continue reading

Audi Achieves Best May and Best Year-To-Date Since 1987

Audi Achieves Best May and Best Year-To-Date Since 1987

Audi of America, Inc. reported U.S. sales of 3,249 for the month of May, representing a 17 percent increase over the same month last year when sales were 2,777. ... Continue reading

Auto Network USA Opens Albuquerque Facility

Auto Network USA Opens Albuquerque Facility

Auto Network USA, the fastest-growing publicly-held wholesaler of used luxury automobiles in the country, announced today that it has initiated operations at its wholly-owned Auto Network USA - New Mexico facility in Albuquerque. ... Continue reading

BMW and Ford Dominate the 1998 Plant Quality Awards

BMW and Ford Dominate the 1998 Plant Quality Awards

Ford and BMW both stand out in J.D. Power and Associates redesigned annual Initial Quality Study by sweeping the North America and European regional plant awards, respectively. Honda, Toyota and Nissan each claim one award in the Asian region. ... Continue reading

BMW Reports Record May Sales

BMW Reports Record May Sales

BMW of North America, Inc. just closed its best May ever, with monthly sales of 12,154 vehicles, an increase of 9.4 percent over the same period last year. Year-to-date sales increased 8.1 percent, to 55,560 compared to 51,366 in 1997. ... Continue reading

California AB 2253 - 'Kim's Law' - Stalled

California AB 2253 - 'Kim's Law' - Stalled

Citizens for Reliable and Safe Highways (CRASH), expressed their disappointment with members of the California Assembly Appropriations Comm. today for stalling a bill this year aimed at preventing deaths and injuries on the state highway system. ... Continue reading

CCC's Pathways Enterprise Solution Selected

CCC's Pathways Enterprise Solution Selected

CCC Information Services Inc. a provider of solutions to the automotive claims industry, and ABRA Auto Body and Glass, the nation's largest privately held operator of company-owned and franchise collision repair facilities, today announced that ABRA has selected CCC's Pathways(R) Enterprise Solution to manage the compr ... Continue reading

Chrysler Sets All-Time Sales Record

Chrysler Sets All-Time Sales Record

Marking the first time in the Company's history that monthly sales have surpassed 250,000 vehicles, Chrysler Corp. posted its best sales month ever. ... Continue reading

Coalition For Vehicle Choice Says NHTSA Statement is Wrong

Coalition For Vehicle Choice Says NHTSA Statement is Wrong

A statement today by the National Highway Traffic Safety Administration (NHTSA) Administrator that sport utilities, mini-vans and pick-up trucks cause more injuries than passenger cars in side crashes is dead wrong. ... Continue reading

Electric Fuel Successfully Completes Field Test

Electric Fuel Successfully Completes Field Test

Electric Fuel Corporation announced today the successful completion of the field test conducted in Germany with Deutsche Post AG, the German Postal Service. ... Continue reading

Ergenics Delivers Custom Hydride/Hydrogen Storage Vessels

Ergenics Delivers Custom Hydride/Hydrogen Storage Vessels

Ergenics, Inc. announced that it has delivered its 300th custom metal hydride/hydrogen storage vessel for use with fuel cells. The hydride vessels deliver clean dry hydrogen gas which is efficiently converted into electrical energy by the fuel cells. ... Continue reading

FANUC Robotics Expands Operations in Brazil

FANUC Robotics Expands Operations in Brazil

FANUC Robotics North America, Inc. has expanded its operations in Brazil by moving into a new 10,000-square-foot facility in the city of Sao Paulo. ... Continue reading

Federal-Mogul Recognized by Ryobi Outdoor Products

Federal-Mogul Recognized by Ryobi Outdoor Products

Federal-Mogul Corporation's Wausau, Wisconsin manufacturing facility has been recognized by Ryobi Outdoor Products, Incorporated as Supplier of the Year. ... Continue reading

French Move To Full-scale Test of the Bus Turbopac(TM)

French Move To Full-scale Test of the Bus Turbopac(TM)

Turbodyne Technologies Inc. announced that following successful engineering tests in April by French public transport giant RATP full-scale in revenue service tests are to begin immediately to confirm fuel economy benefits and operational reliability, supporting excellent emissions reduction data already obtained. ... Continue reading

Hoosier State Shows Slight Decrease In Plants, Slight Increase in Jobs

Hoosier State Shows Slight Decrease In Plants, Slight Increase in Jobs

The number of manufacturing plants in Indiana decreased by 55 plants, or .46%, within the past twelve months. The statewide total now stands at 11,945 plants, according to the 1998 Indiana Manufacturers Directory, published by Manufacturers' News, Inc., Evanston, Ill. ... Continue reading

IRL Driver Standings Through June 3rd

IRL Driver Standings Through June 3rd

IRL Driver Standings Through June 3rd ... Continue reading

Jaguar Sales on a Roll in the U.S.

Jaguar Sales on a Roll in the U.S.

Strong sales in May helped Jaguar Cars continue its strongest start ever in the US. Year-to-date sales of more than 9,000 cars improved 18 percent compared with the same period a year ago and exceed Jaguar's previous best five-month start in 1986. ... Continue reading

J.D. Power and Associates 1998 Initial Quality Study 2(SM):

J.D. Power and Associates 1998 Initial Quality Study 2(SM):

The results of J.D. Power and Associates completely redesigned annual Initial Quality Study (IQS2) were unveiled today, and contain an intriguing mix of consistency and surprise. ... Continue reading

Laforza Automobiles Signs Letter Of Intent

Laforza Automobiles Signs Letter Of Intent

Laforza Automobiles, Inc. (OTC Bulletin Board LFZA) (LAI) announced today that they have signed a Letter of Intent with ILFAS of Lithuania. ILFAS is the manufacturer of the LADA Automobile, better known as the "Russian Fiat." ... Continue reading

Land Rover Reports May Sales

Land Rover Reports May Sales

Land Rover North America, Inc. reported May sales of 1,937, marking the best month to date in 1998. ... Continue reading

Lexus Breaks All-Time Sales Record

Lexus Breaks All-Time Sales Record

Sales remain strong as the Lexus Division of Toyota Motor Sales, U.S.A., Inc. posted its best-ever month with sales of 14,620 in May, an improvement of 100 percent over the same period last year. ... Continue reading

Magna Announces Completion of Steyr Acquisition

Magna Announces Completion of Steyr Acquisition

Magna International Inc. reported today that the previously announced purchase by Magna of 66.8% of Steyr-Daimler-Puch AG and of 50% of Steyr-Daimler-Puch Fahrzeugtechnik AG & Co. KG and Steyr-Daimler-Puch Fahrzeugtechnik AG was completed today. ... Continue reading

Magna to Host Three Local Charities at the 1998 Detroit Grand Prix

Magna to Host Three Local Charities at the 1998 Detroit Grand Prix

Hundreds of families from southeast Michigan will be part of the action and excitement of the 1998 Detroit Grand Prix, thanks to Magna International which is donating its suite to three charities during the June 5-7 race weekend. ... Continue reading

Mazda Reports Month-End May Sales

Mazda Reports Month-End May Sales

Mazda North American Operations (MNAO) reported month-end May sales today of 21,898. ... Continue reading

Mercedes-Benz Records Highest C-Class Sales in its History

Mercedes-Benz Records Highest C-Class Sales in its History

Mercedes-Benz of North America, Inc. (MBNA) and its 320 dealer partners across America continued 1998's record-breaking momentum with May sales of 15,647 vehicles, an increase of 60.3 percent over May 1997 (9,759). ... Continue reading

Michael Price Joins Westar Financial's Board of Directors

Michael Price Joins Westar Financial's Board of Directors

Westar Financial Services Incorporated (OTC: WEST), a prime- credit auto lessor, announced that Michael A. Price, Chief Executive Officer and Chairman of T&W Financial Corporation has joined Westar's Board of Directors. ... Continue reading

Mitsubishi Motors Posts Largest Sales Month This Year

Mitsubishi Motors Posts Largest Sales Month This Year

Mitsubishi Motor Sales of America, Inc. announced total sales of 19,315 units, an increase of 24 percent over May 1997 sales. The company attributed its strong sales showing to positive consumer reaction to new broadcast advertising. ... Continue reading

NASCAR GDS: Fact Sheet, The Country Cupboard "150"

NASCAR GDS: Fact Sheet, The Country Cupboard "150"

NASCAR GDS: Fact Sheet, The Country Cupboard ... Continue reading

NASCAR-WCUP: Troy Cole: From Firefighter to NASCAR Gas Man

NASCAR-WCUP: Troy Cole: From Firefighter to NASCAR Gas Man

NASCAR-WCUP: Troy Cole: From Firefighter to NASCAR Gas Man ... Continue reading

New Trade Magazine for the Asia-Pacific Auto Industry

New Trade Magazine for the Asia-Pacific Auto Industry

AutoAsia, the first regional magazine for the Asian automotive industry, targets executives at vehicle manufacturers and suppliers right across the Far East. ... Continue reading

Pirelli Announces 4x4 Bidirectional WDM System

Pirelli Announces 4x4 Bidirectional WDM System

Pirelli Cables and Systems North America today announced that it has successfully doubled the capacity of its bidirectional Wavelength Division Multiplexing System to 80 gigabits per second. ... Continue reading

Porsche U.S. Sales up Twenty-Three Percent

Porsche U.S. Sales up Twenty-Three Percent

Porsche Cars North America, importer and distributor of Porsche sports cars in the United States, today announced sales and stock figures for the month of May 1998. ... Continue reading

S&P Assigns AA+ Rating to Denso Corp.

S&P Assigns AA+ Rating to Denso Corp.

Standard & Poor's today assigned its double-'A'-plus long-term corporate credit rating to Denso Corp. and a preliminary double-'A'-plus rating to the company's Y100 billion shelf registration program for the Japanese market. ... Continue reading

Syntroleum Expanding R&D Facilities

Syntroleum Expanding R&D Facilities

Syntroleum Corporation announced today that it has completed the purchase of a 16,500 square foot laboratory facility and approximately 95 acres of land located at 4332 South 49th West Avenue in Tulsa. ... Continue reading

Texas Consumers Can Now Buy Auto Insurance Real-Time On The Internet

Texas Consumers Can Now Buy Auto Insurance Real-Time On The Internet

Beginning today, Texas consumers have the option to buy their auto insurance instantly over the Internet at Progressive's Web site, http://www.progressive.com. Progressive is one of the largest auto insurers in the state and in the country. ... Continue reading

Toyota Announces Best-Ever Sales Month

Toyota Announces Best-Ever Sales Month

Toyota Motor Sales (TMS), U.S.A., Inc. today reported the best sales month in its 41-year history with total May sales of 136,274, an increase of 17.4 percent over last May and eclipsing the previous sales mark set in July, 1986. ... Continue reading

Tracks: Mr. Backwards to Attempt Jump on Harley at Bloomington

Tracks: Mr. Backwards to Attempt Jump on Harley at Bloomington

Tracks: Mr. Backwards to Attempt Jump on Harley at Bloomington ... Continue reading

Two Directors Re-Elected to Group 1 Automotive Board

Two Directors Re-Elected to Group 1 Automotive Board

Group 1 Automotive, Inc., , a leading operator and consolidator in the automotive retailing industry, announced the re-election of two directors for three-year terms. The election was held at the company's annual meeting. ... Continue reading

Volkswagen Reports May Sales - Best in 11 Years

Volkswagen Reports May Sales - Best in 11 Years

With sales of 19,046, Volkswagen of America, Inc. reported its best May sales results since 1987. This figure represents a 38.5 percent increase over last year's May figure of 13,754. ... Continue reading

WOO: Kinser Extends Lead With Lebanon Valley Victory

WOO: Kinser Extends Lead With Lebanon Valley Victory

WOO: Kinser Extends Lead With Lebanon Valley Victory ... Continue reading

WOO: World of Outlaws Point Standings Through June 2nd

WOO: World of Outlaws Point Standings Through June 2nd

WOO: World of Outlaws Point Standings Through June 2nd ... Continue reading

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