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July 1999

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Friday, July 30, 1999

20th Century Industries Declares Quarterly Dividend

20th Century Industries Declares Quarterly Dividend

20th Century Industries declared a third quarter cash dividend of $0.16 per common share, payable on September 14, 1999, to shareholders of record as of September 1, 1999, according to William L. Mellick, president and ceo of the company. ... Continue reading

Aetna Industries, Inc. Announces Cash Tender Offer And Consent Solicitation

Aetna Industries, Inc. Announces Cash Tender Offer And Consent Solicitation

Aetna Industries, Inc. announced that it has commenced a cash tender offer and consent solicitation relating to its $85.0 million outstanding principal amount of 11 7/8% Senior Notes due 2006, Series B (the "Notes"). ... Continue reading

AMA: August, September filled with AMA-sanctioned racing action

AMA: August, September filled with AMA-sanctioned racing action

August, September filled with AMA-sanctioned racing action ... Continue reading

America's Classic Sports Cars to Gather At America's Classic Ski Resort

America's Classic Sports Cars to Gather At America's Classic Ski Resort

More than 175 Corvettes, some dating from 1953 will converge on Sun Valley, Idaho as part of the largest single group road tour in the nation when the National Corvette Restorers Society celebrates its 25th anniversary in August. ... Continue reading

America's Newest Tire Store

America's Newest Tire Store

Ford Customer Service Division (FCSD) is launching an advertising campaign to have consumers think of Ford and Lincoln Mercury service departments as "America's Newest Tire Store." ... Continue reading

API Motion Announces Linear Motor Sale & Technology Agreement

API Motion Announces Linear Motor Sale & Technology Agreement

American Precision Industries Inc., API, announced that its subsidiary, API Motion Inc. signed a comprehensive Sales and Technology Agreement with praTEC GmbH that provides API Motion the exclusive marketing rights to praTEC's product lines. ... Continue reading

Arvin Expands Relationship With Midas

Arvin Expands Relationship With Midas

Arvin Industries, Inc. announced that it has entered into an agreement which significantly expands its relationship with Midas, Inc. ... Continue reading

Arvin Offers 3,000,000 Income Equity Units

Arvin Offers 3,000,000 Income Equity Units

Arvin Industries, Inc. announced that it is offering 3,000,000 Arvin Income Equity Units consisting of a share purchase contract issued by Arvin and a debenture also issued by Arvin. ... Continue reading

BEI Technologies Reports Fiscal 1999 Third Quarter; Sales Increase 38%

BEI Technologies Reports Fiscal 1999 Third Quarter; Sales Increase 38%

BEI Technologies, Inc. reported earnings from continuing operations for the fiscal 1999 third quarter ended July 3, 1999, of $1,170,000, or $0.16 per share, compared to $704,000, or $0.10 per share, for the third quarter of fiscal 1998. ... Continue reading

Big Three Face Fines on Fuel Economy

Big Three Face Fines on Fuel Economy

The Big Three swerved around CAFE standards -- for corporate average fuel economy -- that have been the law since 1975. ... Continue reading

Bonded Motors Announces Second Quarter Results

Bonded Motors Announces Second Quarter Results

Aaron Landon, Chairman of the Board and Chief Executive Officer of Bonded Motors Inc. announced operating results for the second quarter ended June 30, 1999. ... Continue reading

Briggs & Stratton Reports Results for the Q4 and Twelve Months of Fiscal 1999

Briggs & Stratton Reports Results for the Q4 and Twelve Months of Fiscal 1999

Fourth quarter net income increased 29% to $35.2 million. Diluted earnings per share increased 34% to $1.51 per share. Sales increased 16%. Engine unit shipments increased 8%. ... Continue reading

Bundy Lands Major New OEM Contracts During First Half of 1999

Bundy Lands Major New OEM Contracts During First Half of 1999

The Bundy Group received new automotive OEM contracts for fluid- carrying systems valued at more than $24 million on an annual basis during the first half of 1999. ... Continue reading

DaimlerChrysler Announces Appointments

DaimlerChrysler Announces Appointments

DaimlerChrysler announced executive appointments and organizational realignments in its Quality & Power Train and Engineering & Technology organizations. ... Continue reading

DaimlerChrysler Reports Revenues and Operating Profit for First Half of 1999

DaimlerChrysler Reports Revenues and Operating Profit for First Half of 1999

DaimlerChrysler announced significantly improved revenues and operating profit in the first half of 1999. ... Continue reading

DCA/BAR Revokes Registration for Company-Owned Econo Lube N' Tunes

DCA/BAR Revokes Registration for Company-Owned Econo Lube N' Tunes

The California Department of Consumer Affairs/Bureau of Automotive Repair announced a settlement resulting in the revocation of automotive repair registrations for all18 company- owned Econo Lube N' Tune facilities throughout California. ... Continue reading

Distribution Fin Svcs RV Trust 1999-3 Rated by Fitch IBCA

Distribution Fin Svcs RV Trust 1999-3 Rated by Fitch IBCA

Fitch IBCA assigns the following ratings to notes issued by Distribution Financial Services RV Trust 1999-3. ... Continue reading

Drags: Mastercam AA/FD hit by a ton of feathers, poised to catapult into points contention

Drags: Mastercam AA/FD hit by a ton of feathers, poised to catapult into points contention

Drags: Mastercam AA/FD hit by a ton of feathers, poised to catapult into points contention ... Continue reading

Earl Scheib Announces Fiscal Year 1999 Results

Earl Scheib Announces Fiscal Year 1999 Results

Earl Scheib Inc. announced financial results for the year ended April 30, 1999 ... Continue reading

Exide Announces Results for Its First Fiscal Quarter

Exide Announces Results for Its First Fiscal Quarter

Exide Corporation reported results for the fiscal period ended July 4, 1999 and forecasted a return to quarterly profitability by the close of its current fiscal quarter. ... Continue reading

Ford, Bing Group Create Nonprofit Training Center to Help Minority Suppliers

Ford, Bing Group Create Nonprofit Training Center to Help Minority Suppliers

Ford Motor Company and the Bing Group have teamed up to build the Detroit Manufacturing Training Center, a nonprofit facility in the federal Empowerment Zone in Detroit that will train workers for positions with minority automotive suppliers. ... Continue reading

Ford Motor Company and EAA Announce Major Partnership

Ford Motor Company and EAA Announce Major Partnership

Ford Motor Company and the Experimental Aircraft Association have announced a four-year sponsorship agreement naming Ford Motor Company products as the worldwide official vehicles for EAA, EAA AirVenture Oshkosh and the EAA Foundation. ... Continue reading

Formula One: McLaren Duo Makes up, Sets Sights on Foiling Ferrari in Germany

Formula One: McLaren Duo Makes up, Sets Sights on Foiling Ferrari in Germany

Formula One: McLaren Duo Makes up, Sets Sights on Foiling Ferrari in Germany ... Continue reading

Freightliner Leads Funding, Development of New Trucking Image Campaign

Freightliner Leads Funding, Development of New Trucking Image Campaign

To heighten public awareness of the positive impacts of the trucking industry, Freightliner Corporation in conjunction with the American Trucking Associations (ATA) is readying a national advertising and grassroots image campaign. ... Continue reading

Gallatin Steel Now On World Wide Web

Gallatin Steel Now On World Wide Web

Gallatin Steel is now on line. The Kentucky steel manufacturer recently unveiled its World Wide Web -www.GallatinSteel.com. The site caters to a variety of audiences, offering information for customers, employees and the general public. ... Continue reading

Hynes Named President and General Manager of Gulf States Toyota

Hynes Named President and General Manager of Gulf States Toyota

Gulf States Toyota Inc. (GST) has named Thomas "Toby" N. Hynes president and general manager, to oversee the company's general operations in its five-state region. ... Continue reading

IRL: Panther, Kelley get jump on 2000 by testing new-spec engines

IRL: Panther, Kelley get jump on 2000 by testing new-spec engines

Panther, Kelley get jump on 2000 by testing new-spec engines ... Continue reading

Keep Your Cool While Your Car Sizzles

Keep Your Cool While Your Car Sizzles

This summer's headline-making heat wave is making automobiles fry and batteries fail. Whether in the searing Southwest or sweltering East and Midwest, motorists should check the condition of their car batteries. ... Continue reading

Midas and Arvin Announce Expansion of Strategic Alliance

Midas and Arvin Announce Expansion of Strategic Alliance

Midas, Inc., and Arvin Industries, Inc., announced a significant expansion of their strategic alliance where they supply automotive components and products to each other. ... Continue reading

Miller Industries Announces Extension of 1999 10-K Filing for Up to 15 Days

Miller Industries Announces Extension of 1999 10-K Filing for Up to 15 Days

Miller Industries, Inc. announced updated information regarding results for the full year ended April 30, 1999. ... Continue reading

Motorcycle Industry Up & Rolling

Motorcycle Industry Up & Rolling

Discover Today's Motorcycling (DTM) announced its sponsorship of Lyle Lovett and his Large Band tour (an 18-piece ensemble), underwritten by Honda, Kawasaki and Suzuki. ... Continue reading

NASCAR BGN: Kevin Grubb says 'don't be fooled by last year's results' at Gateway

NASCAR BGN: Kevin Grubb says 'don't be fooled by last year's results' at Gateway

NASCAR BGN: Kevin Grubb says 'don't be fooled by last year's results' ... Continue reading

NASCAR BGN: Tony Roper Gateway International Preview

NASCAR BGN: Tony Roper Gateway International Preview

NASCAR BGN: Tony Roper Gateway International Preview ... Continue reading

National Auto Credit Announces Financial Results for Fiscal 1998 and 1999

National Auto Credit Announces Financial Results for Fiscal 1998 and 1999

National Auto Credit, Inc. announced financial results for its fiscal years ended January 31, 1998 and 1999, and the restatement of previously issued results for fiscal years 1995, 1996 and 1997. ... Continue reading

Nationwide Lowering Auto Rates in Texas

Nationwide Lowering Auto Rates in Texas

Nationwide has filed with the Texas Insurance Department to lower its auto insurance rates in Texas by an average of 2.4%. The rate reduction is planned to be effective in mid-September. ... Continue reading

New Car Driving Costs Increase Slightly for Southern Californians

New Car Driving Costs Increase Slightly for Southern Californians

Despite significant increases in gasoline prices during 1999, the cost to own and operate a car in Southern California increased by less than 1% compared to 1998, according to statistics from the Automobile Club of Southern California. ... Continue reading

NHRA Federal-Mogul Series national points: July 28, 1999

NHRA Federal-Mogul Series national points: July 28, 1999

NHRA Federal-Mogul Series national points: July 28, 1999 ... Continue reading

O'Sullivan Reports Q2 and 6 Months Earnings Results and Changes in Control

O'Sullivan Reports Q2 and 6 Months Earnings Results and Changes in Control

O'Sullivan Corporation reported consolidated sales and earnings results for the three and six months ended June 30, 1999. ... Continue reading

Porsche Releases Initial Details and Photos of New 911 Turbo

Porsche Releases Initial Details and Photos of New 911 Turbo

Ending months of anticipation, Porsche has disclosed the first information and illustrations of its new 911 Turbo sports car. ... Continue reading

Rankin Announces Election of Directors

Rankin Announces Election of Directors

Rankin Automotive Group, Inc. reported the election of its Board of Directors at its Annual Meeting. ... Continue reading

R&B, Inc. Reports Record Results for the 1999 Second Quarter and First Half

R&B, Inc. Reports Record Results for the 1999 Second Quarter and First Half

R&B, Inc., reported record sales and earnings for both the 1999 second quarter and first half. ... Continue reading

Safelite Glass Corp. Reports Quarter Ended July 3, 1999 Results

Safelite Glass Corp. Reports Quarter Ended July 3, 1999 Results

Safelite Glass Corp., the leader in the automotive glass replacement and repair industry, reported the results for its fiscal quarter ended July 3, 1999. ... Continue reading

SDRC Acquires TD Technologies, Inc.

SDRC Acquires TD Technologies, Inc.

SDRC announced that it has reached a definitive agreement to acquire TD Technologies, Inc., of Richardson, Texas. ... Continue reading

S&P Assigns American Mercury Insur Co `BBBpi' Rating

S&P Assigns American Mercury Insur Co `BBBpi' Rating

Standard & Poor's assigned its triple-'Bpi' financial strength rating to American Mercury Insurance Co. ... Continue reading

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Tower Automotive Completes Acquisition of Active Tool & Manufacturing Co., Inc.

Tower Automotive Completes Acquisition of Active Tool & Manufacturing Co., Inc.

Tower Automotive, Inc. announced that it has completed the acquisition of Active Tool & Manufacturing Co., Inc. and its affiliate, Active Products Company. ... Continue reading

TRACKS: Ticket Package to be Raffled at Bloominton; Will Aid Injured Driver's Family

TRACKS: Ticket Package to be Raffled at Bloominton; Will Aid Injured Driver's Family

TRACKS: Ticket Package to be Raffled at Bloominton; Will Aid Injured Driver's Family ... Continue reading

Trans-Am: BFGoodrich Tires Trans-Am Series Television Information , Trois-Rivieres

Trans-Am: BFGoodrich Tires Trans-Am Series Television Information , Trois-Rivieres

Trans-Am: BFGoodrich Tires Trans-Am Series Television Information , Trois-Rivieres ... Continue reading

United Glass Corporation Acquires Ten Companies

United Glass Corporation Acquires Ten Companies

United Glass Corporation (UGC) announced its formation as the largest independent glass fabrication and glass services company in North America. ... Continue reading

USAC: Eldora 'Pennzoil Indiana Sprint Week' Race Results

USAC: Eldora 'Pennzoil Indiana Sprint Week' Race Results

USAC: Eldora 'Pennzoil Indiana Sprint Week' Race Results ... Continue reading

USAC: MCI Worldcom TQ Midget Car Series Race Results, Ventura

USAC: MCI Worldcom TQ Midget Car Series Race Results, Ventura

USAC: MCI Worldcom TQ Midget Car Series Race Results, Ventura ... Continue reading

Volvo Offers Quality Reconditioned Parts for Economic and Environmental Benefits

Volvo Offers Quality Reconditioned Parts for Economic and Environmental Benefits

Volvo is now offering high quality reconditioned Genuine Volvo which meet the demanding specifications set for new Genuine Volvo parts, are backed by the same one-year limited warranty Volvo places on new parts. ... Continue reading

Volvo Trucks Acquires Interest in Petro Stopping Centers

Volvo Trucks Acquires Interest in Petro Stopping Centers

Volvo Trucks North America, Inc. announced the acquisition of an ownership interest in Petro Stopping Centers, L.P. The $30- million transaction makes Volvo the second largest equity holder in the company. ... 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 361,921 units, up from the 287,033 cars and trucks built a week ago. ... Continue reading

Williams Controls Aquires ProActive Pedals

Williams Controls Aquires ProActive Pedals

Williams Controls, Inc. announced that it has purchased the assets of the ProActive Pedals division of Active Tool & Manufacturing Co., Inc. of Roseville, Michigan. ... Continue reading

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