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August 1998

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Monday, August 3, 1998

AIAG Year 2000 Task Force Cascades Common Assessment Program

AIAG Year 2000 Task Force Cascades Common Assessment Program

To help the automotive supply chain avoid computer problems associated with the new millennium, the Automotive Industry Action Group's (AIAG) OEM Year 2000 Task Force has teamed up with key tier one suppliers to implement a Year 2000 assessment program with lower tier suppliers. ... Continue reading

AMA: Gobert Appeal Decision

AMA: Gobert Appeal Decision

AMA: Gobert Appeal Decision ... Continue reading

CART Posts Q2 1998 Results

CART Posts Q2 1998 Results

Championship Auto Racing Teams, Inc. announced record revenues, net income and earnings per share for the second quarter and six months ended June 30, 1998. ... Continue reading

Consumer Awareness is Challenge In Spray-On Bedliner Aftermarket

Consumer Awareness is Challenge In Spray-On Bedliner Aftermarket

According to strategic research conducted by Frost &Sullivan, North American Light Truck Spray-On Bedliner Aftermarket, the fairly new spray-on bedliner aftermarket is growing substantially, and is expected to reach about $90 mil. in 1998. ... Continue reading

Cooper Expands East Coast Distribution

Cooper Expands East Coast Distribution

Building upon a reputation for superior customer service, Cooper Tire & Rubber Company began expanding its range of next-day tire delivery through the addition of a new East coast distribution center. ... Continue reading

CUMIS General Insurance Assigned BBpi Rtg by S&P

CUMIS General Insurance Assigned BBpi Rtg by S&P

Standard & Poor's assigned its double-'Bpi' insurer financial strength rating to CUMIS General Insurance Co. The company is licensed in 15 states. ... Continue reading

Eaton Acquires European Cylinder Head Company

Eaton Acquires European Cylinder Head Company

Eaton Corporation announced that it has acquired the assets of Amtec S.p.A., a privately-owned manufacturer of automotive cylinder heads, for an undisclosed amount. Amtec, which is headquartered near Turin, Italy. ... Continue reading

Elbit Systems Engaged by GM for Conceptual Design

Elbit Systems Engaged by GM for Conceptual Design

Elbit Systems Ltd. announced that General Motors, GM-UMI Tech R&D, Israel, and Elbit Systems have launched a project for the development and evaluation of a new conceptual design for a modular traction system for electric and hybrid vehicles. ... Continue reading

Excelsior-Henderson Closes on Industrial Development Revenue Bond

Excelsior-Henderson Closes on Industrial Development Revenue Bond

Excelsior-Henderson Motorcycle Manufacturing Company today announced the closing to escrow of a $6.1 million Industrial Development Revenue Bond facilitated by the Economic Development Authority of the City of Belle Plaine, Minn. ... Continue reading

Fast Service. Cool Cars. Mere Seconds. Budget Fastbreak.

Fast Service. Cool Cars. Mere Seconds. Budget Fastbreak.

Beginning this week at major U.S. airports across the nation, Budget Rent a Car is launching its best-ever express service with paperless transactions. It's so fast, Budget Fastbreak customers can be on their way in just a matter of seconds. ... Continue reading

Federal-Mogul Sells Fel-Pro Chemical Products L.P.

Federal-Mogul Sells Fel-Pro Chemical Products L.P.

Federal-Mogul Corporation's Chairman and Chief Executive Officer Dick Snell announced the company has completed the sale of Fel-Pro Chemical Products L.P., to Loctite Corporation, a part of Henkel KGaA, a global specialist in applied chemistry. ... Continue reading

Formula One: Hakkinen Wins German Grand Prix

Formula One: Hakkinen Wins German Grand Prix

Formula One: Hakkinen Wins German Grand Prix, Results Attached ... Continue reading

Fuelman of Oklahoma Acquires GO! Systems

Fuelman of Oklahoma Acquires GO! Systems

Fuelman of Oklahoma, a leader in the fleet management and services industry, announced its acquisition of the GO! Systems fleet management division from Musket Corp, an affiliate of Love's Country Stores, Inc., based in Oklahoma City. ... Continue reading

Laguna Seca Historic Auto Races, A Good Time for Everyone

Laguna Seca Historic Auto Races, A Good Time for Everyone

Laguna Seca Historic Auto Races, A Good Time for Everyone ... Continue reading

Large Pittsburgh Area Towing Company Joins 1-800-AutoTow

Large Pittsburgh Area Towing Company Joins 1-800-AutoTow

1-800-AutoTow, which is rolling up America's fragmented vehicle towing industry into a national brand, has acquired one of the largest towing companies in the Pittsburgh area, company officials announced. ... Continue reading

Lewis Named Vice President and GM of Kysor Europe

Lewis Named Vice President and GM of Kysor Europe

Schwitzer Group announces the promotion of Steven Lewis to vice president and general manager of Kysor Europe - HVAC. In this position, Lewis will expand his responsibilities to oversee market development, as well as manufacturing. ... Continue reading

Metalforming Technologies, Inc. Completes First Two Aquisitions

Metalforming Technologies, Inc. Completes First Two Aquisitions

TMB Industries and Chase Capital Partners announced that they have formed a new company, Metalforming Technologies, Inc., to acquire and operate metal stamping and fabricating companies serving the automotive and truck markets. ... Continue reading

Modine Employs Ernest Thomas as Group VP, Highway Products

Modine Employs Ernest Thomas as Group VP, Highway Products

Modine Manufacturing Company has employed Ernest Thomas as group vice president, Highway Products, with responsibility for Modine's North American Automotive, Climate Systems, and Truck Divisions. ... Continue reading

Moll Industries Completes Acquisition of Gemini Plastics

Moll Industries Completes Acquisition of Gemini Plastics

Moll Industries Inc. announced its acquisition of Gemini Plastics Services, a leading injection molding company that supplies plastic components to the medical, telecommunications, and military industries. ... Continue reading

Nascar Drivers on Nascar Barbie

Nascar Drivers on Nascar Barbie

See What Nascar Drivers Are Saying About Nascar Barbie ... Continue reading

NASCAR GDS: Huffman Keeps on Truckin' in Coastal Carolina Freightliner 125

NASCAR GDS: Huffman Keeps on Truckin' in Coastal Carolina Freightliner 125

NASCAR GDS: Huffman Keeps on Truckin' in Coastal Carolina Freightliner 125 ... Continue reading

NASCAR Trucks: Pennzoil 200 Race Results from Loudon

NASCAR Trucks: Pennzoil 200 Race Results from Loudon

NASCAR Trucks: Pennzoil 200 Race Results from Loudon ... Continue reading

NavTech Prepares to Publish SDAL Format Specs

NavTech Prepares to Publish SDAL Format Specs

Navigation Technologies says it is on course to publish the most critical part of the technology formula it has created to enable the production of interchangeable navigation CD-ROMs for vehicle route guidance systems. ... Continue reading

New United Motor Inc. and UAW Local 2244 Reach tentative Agreement

New United Motor Inc. and UAW Local 2244 Reach tentative Agreement

New United Motor Manufacturing Inc. and the United Auto Workers Local 2244 have reached a tentative agreement for a new contract, Iwao Itoh, President and CEO of NUMMI, announced early Saturday morning. ... Continue reading

NHTSA Awards Funds for New Technology Education in Traffic Court

NHTSA Awards Funds for New Technology Education in Traffic Court

The National Highway Traffic Safety Administration (NHTSA) awarded $30,000 to the American Bar Association (ABA) as part of a cooperative agreement to conduct a regional judicial education seminar on Technology in Traffic Court. ... Continue reading

NHTSA Proposes Reduced Glare From Daytime Running Lights

NHTSA Proposes Reduced Glare From Daytime Running Lights

The National Highway Traffic Safety Administration (NHTSA) proposed changes to the vehicle safety standards for lighting to reduce the problem of glare from some daytime running lamps (DRLs). ... Continue reading

NHTSA's New Head Protection Rule Puts New Technology on Fast Track

NHTSA's New Head Protection Rule Puts New Technology on Fast Track

To enable the automobile manufacturing industry to quickly bring new, life-saving technology to the marketplace, U.S. Trans Secretary Rodney E. Slater announced a final rule amending the department's landmark head injury protection safety standard. ... Continue reading

NSJAPS Event #11, Pre-Race Release

NSJAPS Event #11, Pre-Race Release

NSJAPS Event #11, Pre-Race Release ... Continue reading

NTB Trans-Am: Gentilozzi Takes Trois-Rivieres Win

NTB Trans-Am: Gentilozzi Takes Trois-Rivieres Win

NTB Trans-Am: Gentilozzi Takes Trois-Rivieres Win ... Continue reading

Pennzoil and CBS Form Unprecedented Partnership

Pennzoil and CBS Form Unprecedented Partnership

In a move that strategically allies an advertiser with a media powerhouse in a broad-based partnership, Pennzoil Products Co. and CBS Corphave joined forces to create an advertising partnership for Pennzoil that will result in major sponsorships. ... Continue reading

Preview: 25th Annual Monterey Historic Automobile Races

Preview: 25th Annual Monterey Historic Automobile Races

Preview: 25th Annual Monterey Historic Automobile Races ... Continue reading

SCCA: NTB-Trans-Am Point Standings

SCCA: NTB-Trans-Am Point Standings

SCCA: NTB-Trans-Am Point Standings as of August 3, 1998 ... Continue reading

Sears CEO Named Chairperson for 1998 Natl Urban League Conf.

Sears CEO Named Chairperson for 1998 Natl Urban League Conf.

Arthur C. Martinez, Chairman and CEO of retail giant Sears, Roebuck and Co., has been named Conference General Chairperson for the National Urban League's 1998 Annual Conference to be held at the Pennsylvania Convention Center. ... Continue reading

S&P Rates Global Motorsport

S&P Rates Global Motorsport

Standard & Poor's today assigned its single-'B'-minus rating to GMG Operating Corp.'s privately placed, Rule 144A $80 million senior notes due 2008. ... Continue reading

Thrifty Named Top Car Rental Company by Entrepreneur Magazine

Thrifty Named Top Car Rental Company by Entrepreneur Magazine

Thrifty Car Rental has been named the best car rental company by Entrepreneur magazine and received its 1998 Business Travel Award for the fifth consecutive year in this magazine written for small business owners. ... Continue reading

T.J.T., Inc. Plans Expansion Into Arizona

T.J.T., Inc. Plans Expansion Into Arizona

T.J.T., Inc., a supplier of recycled axles and inspected tires to the manufactured housing industry, plans to expand its operations into Arizona with an agreement to purchase an existing firm located in Chandler, Arizona. ... Continue reading

Top Source Receives Second Payment for Automotive Subsidiary

Top Source Receives Second Payment for Automotive Subsidiary

Top Source Technologies, Inc. announced today that the proposed buyer of the Company's automotive subsidiary, Top Source Automotive, Inc. had made a second payment of $2,050,000 towards the $10,000,000 minimum purchase price. ... Continue reading

Toyota Unveils Standardized Digital Manufacturing Software

Toyota Unveils Standardized Digital Manufacturing Software

Deneb Robotics, Inc., recently selected by Toyota Motor Corporation as its main-source supplier of Digital Manufacturing software, will have its software featured at the new Toyota Supplier's Center in Toyota City, Japan. ... Continue reading

TRW Acquires Steering Wheel Business

TRW Acquires Steering Wheel Business

TRW announced the acquisition of Compla Sud S.p.A., a supplier of automotive steering wheels in Caivano, Italy, near Naples. Financial terms were not disclosed. ... Continue reading

USAC: Regional Rebel Sprint Results

USAC: Regional Rebel Sprint Results

USAC: Regional Rebel Sprint Results (8/1/98) ... Continue reading

USAC: Russell Triple Crown Results

USAC: Russell Triple Crown Results

USAC: Russell Triple Crown Results (8/1/98) ... Continue reading

US Senator to Deliver Keynote Address to 300 UAW Activists

US Senator to Deliver Keynote Address to 300 UAW Activists

Paul Wellstone, the Senior Senator from Minnesota, who presently is exploring the probability of running for president of the United States is the keynote speaker at the UAW Region 2 Summer School at The University of Akron. ... Continue reading

Water Agencies to Testify in Favor of Bill Funding Cleanup

Water Agencies to Testify in Favor of Bill Funding Cleanup

A bill that would provide major funding for the cleanup and treatment of drinking water sources contaminated with a gasoline additive will be heard before a state Assembly committee. ... Continue reading

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