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July 1998

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Friday, July 31, 1998

AUTO QUESTIONS AND ANSWERS FOR WEEK 31

AUTO QUESTIONS AND ANSWERS FOR WEEK 31

AUTO QUESTIONS AND ANSWERS FOR WEEK 31 ... Continue reading

Baan Acquires Compact 3000 Ltd.

Baan Acquires Compact 3000 Ltd.

The Baan Company N.V. announced that it has acquired Compact 3000 Ltd. Compact 3000 Ltd., based in Birmingham, England, are consultants for Baan to the automotive industry. ... Continue reading

Brickyard 400: Universal Studios Colors on Michael Waltrip's Car at Indy

Brickyard 400: Universal Studios Colors on Michael Waltrip's Car at Indy

Brickyard 400: Universal Studios Colors on Michael Waltrip's Car at Indy ... Continue reading

Briggs & Stratton Corporation Reports Results

Briggs & Stratton Corporation Reports Results

Briggs & Stratton Corporation: Net income of $27.2 million or $1.13 per share for the fourth quarter of fiscal 1998 was significantly higher than for the fourth quarter of fiscal 1997. ... Continue reading

CART: Driver Standings Through July 30

CART: Driver Standings Through July 30

CART: Driver Standings Through July 30 ... Continue reading

CART, INDYLIGHTS, TRANS-AM: Team Rahal Scoop - Trois Rivieres

CART, INDYLIGHTS, TRANS-AM: Team Rahal Scoop - Trois Rivieres

CART, INDYLIGHTS, TRANS-AM: Team Rahal Scoop - Trois Rivieres ... Continue reading

Chrysler Reports U.S. and Canadian Assembly Plants Schedule

Chrysler Reports U.S. and Canadian Assembly Plants Schedule

Chrysler Corporation reports seven of its nine U.S. assembly plants and all three Canadian assembly plants will operate the week of August 3, 1998. ... Continue reading

COLLECTIBLE FORD F-SERIES

COLLECTIBLE FORD F-SERIES

COLLECTIBLE FORD F-SERIES ... Continue reading

Commercial Delivery Rollout Completed

Commercial Delivery Rollout Completed

Manny, Moe & Jack, the nation's leading automotive aftermarket retail and service chain, announced that it has completed the rollout of its commercial delivery program. ... Continue reading

Copart Acquires Detroit Facility

Copart Acquires Detroit Facility

Copart, Inc., announced the acquisition of Auto Salvage Pools, Inc. of Detroit, Michigan, expanding Copart's national network of vehicle auction and storage locations to 60 sites in 31 states. ... Continue reading

Credit Acceptance Corp Completes Revolving Credit Agreement

Credit Acceptance Corp Completes Revolving Credit Agreement

Credit Acceptance Corporation announced that it has completed a $115,000,000 credit agreement with a group of commercial banks which will replace its current credit facility. ... Continue reading

Durakon Reports Second Quarter Improvement

Durakon Reports Second Quarter Improvement

Durakon Industries, Inc. announced stronger results for the second quarter compared with the year-ago quarter. ... Continue reading

Engine Manufacturers Commend California Action on Diesel Exhaust

Engine Manufacturers Commend California Action on Diesel Exhaust

The Engine Manufacturers Association applauded the action of the California Air Resources Board in deferring action on the proposed identification of diesel exhaust as a Toxic Air Contaminant. ... Continue reading

Formula One: Driver Standings Through July 30

Formula One: Driver Standings Through July 30

Formula One: Driver Standings Through July 30 ... Continue reading

FTC Grants Early Termination to Waiting Period of Merger

FTC Grants Early Termination to Waiting Period of Merger

The Federal Trade Commission has granted "Early Termination" of the waiting period on the merger between Chrysler Corp and Daimler-Benz. The waiting period is imposed by U.S. antitrust law, which gives regulators a min 30-days to evaluate large mergers. ... Continue reading

Goodyear Announces Heart of Racing Award

Goodyear Announces Heart of Racing Award

The Goodyear Tire & Rubber Company announced the creation -- and the first winner -- of the annual Goodyear Heart of Racing Award, honoring those in the sport for outstanding displays of racing heart. ... Continue reading

Grupo Dina Pays Interest On Convertible Bonds

Grupo Dina Pays Interest On Convertible Bonds

Consorcio G Grupo Dina, S.A. de C.V., Mexico's largest producer of trucks and buses, today announced that on July 15, 1998 it had made the interest payments on its convertible bond due 2004. ... Continue reading

Imperial Credit Industries, Inc. Announces Discontinued Auto Financing Activities

Imperial Credit Industries, Inc. Announces Discontinued Auto Financing Activities

Imperial Credit Industries, Inc. is shifting its strategic focus relating to its automobile financing activities. The operations of ICII's wholly owned sub-prime automobile finance subsidiary Automotive Marketing Network, Inc. will be discontinued. ... Continue reading

IRL: Driver Standings Through July 30

IRL: Driver Standings Through July 30

IRL: Driver Standings Through July 30 ... Continue reading

IROC Race Results from Indy

IROC Race Results from Indy

IROC Race Results from Indy ... Continue reading

IROC Starting Lineup at Indy

IROC Starting Lineup at Indy

IROC Starting Lineup at Indy ... Continue reading

IROC: Unser, Vasser Excited about Speedway Homecoming

IROC: Unser, Vasser Excited about Speedway Homecoming

IROC: Unser, Vasser Excited about Speedway Homecoming ... Continue reading

ITT Industries' BBB/A-2 Ratings Still Watched

ITT Industries' BBB/A-2 Ratings Still Watched

Standard & Poor's ratings on ITT Industries Inc. remain on CreditWatch with "developing" implications, where they were placed March 19, 1998. Developing indicates that the ratings may be raised, lowered, or affirmed. ... Continue reading

JPE Inc. Announces Delisting by Nasdaq

JPE Inc. Announces Delisting by Nasdaq

JPE Inc. today announced that it has been notified by the Nasdaq National Stock Market Inc. that JPE's securities will cease trading on the Nasdaq National Market effective with the close of business Aug. 5, 1998 ... Continue reading

Mark Martin Clinches Fourth IROC Championship with Win at Indy; Luyendyk Injured

Mark Martin Clinches Fourth IROC Championship with Win at Indy; Luyendyk Injured

Mark Martin Clinches Fourth IROC Championship with Win at Indy ... Continue reading

MascoTech Announces Two Acquisitions

MascoTech Announces Two Acquisitions

MascoTech, Inc. announced the completion of two acquisitions that will expand its presence in the global market for industrial container closures. ... Continue reading

NASCAR BGN: Driver Standings Through July 30

NASCAR BGN: Driver Standings Through July 30

NASCAR BGN: Driver Standings Through July 30 ... Continue reading

NASCAR: First Union Shifts Primary Sponsorship, Signs Jeff Green for Remainder of '98

NASCAR: First Union Shifts Primary Sponsorship, Signs Jeff Green for Remainder of '98

NASCAR: First Union Shifts Primary Sponsorship, Signs Jeff Green for Remainder of '98 ... Continue reading

NASCAR TRUCKS: Sprague Bumps his way to Victory at IRP

NASCAR TRUCKS: Sprague Bumps his way to Victory at IRP

NASCAR TRUCKS: Sprague Bumps his way to Victory at IRP ... Continue reading

NASCAR-WCUP, BUSINESS: Brickyard 400: Sponsor Has Deep Speedway Roots

NASCAR-WCUP, BUSINESS: Brickyard 400: Sponsor Has Deep Speedway Roots

NASCAR-WCUP, BUSINESS: Brickyard 400: Sponsor Has Deep Speedway Roots ... Continue reading

NASCAR-WCUP: Gordon Wants More Indy Magic

NASCAR-WCUP: Gordon Wants More Indy Magic

NASCAR-WCUP: Gordon Wants More Indy Magic ... Continue reading

NASCAR Winston Cup: Driver Standings Through July 30

NASCAR Winston Cup: Driver Standings Through July 30

NASCAR Winston Cup: Driver Standings Through July 30 ... Continue reading

NavTech Offers Detailed Map Coverage of Oklahoma City

NavTech Offers Detailed Map Coverage of Oklahoma City

Route guidance coverage for vehicle navigation systems has arrived for drivers in Oklahoma City, Okla., in the latest release of the NavTech(R) Database. ... Continue reading

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

NHTSA's 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

Optical Security Group, Inc. Announces Extension of Licensing Agreement

Optical Security Group, Inc. Announces Extension of Licensing Agreement

Optical Security Group, Inc. announced the signing of an extension until the year 2002 of its current agreement with AAMVA under which AAMVA will cooperatively and exclusively sell OpSec's proprietary Secure Temporary License Plate to its membership. ... Continue reading

Prestolite Electric Completes Exchange Offer

Prestolite Electric Completes Exchange Offer

Prestolite Electric Incorporated announced today the successful consummation of its offer to exchange up to $125.0 million principal amount of its newly issued 9-5/8% Senior Notes due 2008. ... Continue reading

Progressive Auto Insurance Offers NY Policies via the Web

Progressive Auto Insurance Offers NY Policies via the Web

New York consumers now have the option of shopping for rates and purchasing their auto insurance policies over the Internet. ... Continue reading

R&B Reports 1998 Second-Quarter Financial Results

R&B Reports 1998 Second-Quarter Financial Results

R&B, Inc. announced financial results for its second quarter that ended June 27, 1998. ... Continue reading

Simula Congratulates NHTSA on New Head Protection Rule

Simula Congratulates NHTSA on New Head Protection Rule

Simula, Inc., congratulates the National Highway Traffic Safety Administration on the approval of changes to the 1995 Federal Motor Vehicle Safety Standard 201. ... Continue reading

Standard & Poor's Rates Ford Credit Auto Owner Trust

Standard & Poor's Rates Ford Credit Auto Owner Trust

Standard & Poor's assigned its ratings to Ford Credit Auto Owner Trust 1998-C's $2.346 billion asset-backed notes and certificates as follows: ... Continue reading

Strattec Security Corp Reports Fiscal Q4 and Year End Results

Strattec Security Corp Reports Fiscal Q4 and Year End Results

STRATTEC SECURITY CORPORATION reported operating results for the fiscal fourth quarter and year ended June 28, 1998. ... Continue reading

Subaru Announces Pricing on 1999 Impreza and Forester Models

Subaru Announces Pricing on 1999 Impreza and Forester Models

Subaru of America, Inc. announced the Manufacturer's Suggested Retail Price on the 1999 model year Impreza and Forester line-ups. With new equipment enhancements and no increase in price, the 1999 models boast even more outstanding value. ... Continue reading

Textron Lycoming, Detroit Diesel to Develop Aero Engine

Textron Lycoming, Detroit Diesel to Develop Aero Engine

A new aero-diesel engine development program has been initiated by Textron Lycoming of Williamsport, Pennsylvania, and Detroit Diesel Corp of Detroit, Michigan. ... Continue reading

The Timken Company Awarded

The Timken Company Awarded

The Timken Company has been named as recipient of Automotive Industries' first annual Quest for Excellence award. Timken was the top-ranked company in the bearing category receiving the highest overall average. ... Continue reading

USAC Midgets: Belleville Race Results, July 30

USAC Midgets: Belleville Race Results, July 30

USAC Midgets: Belleville Race Results, July 30 ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

Vehicle production in the U.S., Canada and Mexico is expected to hit an estimated 231,330 units this week, an increase of 17.7 percent from the 196,560 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

WOO: Kinser Wins Third Consecutive Silver Cup Title

WOO: Kinser Wins Third Consecutive Silver Cup Title

WOO: Kinser Wins Third Consecutive Silver Cup Title ... Continue reading

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