Another Record-Setting American Honda Month Driven by CR-V Sales
American Honda posted best-ever July sales of 92,820, up 5.6 percent from the previous year, according to sales figures released today by American Honda Motor Co., Inc. It was the company's second-best month ever. ... Continue reading
APL Wins Major Logistics Contract for General Motors in Thailand
Reflecting a long-term focus on Asia's economic recovery, General Motors is establishing a major regional manufacturing center in Thailand. ... Continue reading
Audi Records Best July and Best Year-To-Date Since 1987
Audi of America, Inc. reported U.S. sales of 4,050 for the month of July, representing a 43 percent increase over the same month last year when sales were 2,832. So far in 1998, Audi has sold 24,460 automobiles representing a 23.2 percent increase. ... Continue reading
Best of America Corporation Makes Announcement
Best of America Corporation, announced that on July 28, 1998, The Julian Rish Group, Inc., with headquarters in Baton Rouge, La., purchased a majority interest of Best of America Corporation. ... Continue reading
Chrysler July Sales Up Three Percent
Chrysler Corporation continued its momentum of strong car and truck sales in July, reporting a three percent improvement over the same period a year ago. For July, car and truck sales totalled 206,018 units, up from 199,662 units last year. ... Continue reading
Chrysler Places Major Order for Digital Manufacturing Software
Chrysler Corporation has purchased and received Digital Manufacturing software from Deneb Robotics, Inc., a Dassault Systemes S.A. company, to support their continuing DMAPS implementation. ... Continue reading
Chrysler Places Major Order From Deneb Robotics, Inc.
Chrysler Corporation has purchased and received Digital Manufacturing software from Deneb Robotics, Inc., a Dassault Systemes S.A. company, to support their continuing DMAPS implementation. ... Continue reading
Cooper Industries' Board Declares Dividend
The board of directors of Cooper Industries, Inc. declared a quarterly dividend on the company's outstanding common shares. ... Continue reading
Dan Smith Elected Director of Cooper Industries
Dan F. Smith, President and Chief Executive Officer of Lyondell Chemical Company, has been elected to the Board of Directors of Cooper Industries, Inc. to fill a vacancy created by the May 1998 retirement from the Board of Frank A. Olson. ... Continue reading
DSP Technology Inc. Wins $1.3 Million Contract
DSP Technology Inc. announced receipt of a contract valued at approximately $1.3 million for RedLine ADAPT dynamometer control systems and dynamometer cell accessories from a major United States-based agricultural equipment supplier. ... Continue reading
DSP Technology Inc. Wins $1.3 Million Contract
DSP Technology Inc. announced receipt of a contract valued at approximately $1.3 million for RedLine ADAPT dynamometer control systems and dynamometer cell accessories from a major United States-based agricultural equipment supplier. ... Continue reading
Ferrari S.p.A. Selects EAI's VisProducts
Engineering Animation, Inc., announced that Ferrari S.p.A. of Maranello, Italy, has selected EAI's VisProducts for use by Gestione Sportiva, Ferrari's world-renown racing team. ... Continue reading
Fisher-Price, NHTSA Announce Safety Campaign for Convertible Car Seats
The National Highway Traffic Safety Administration (NHTSA) and Fisher-Price have announced a consumer safety campaign to provide modification kits for Fisher-Price's model number 79700, Safe Embrace(TM) Convertible Car Seat. ... Continue reading
Gasoline Prices: A Gentle Reminder
The issue of gasoline prices has received much public airing in Connecticut over the past year. Gasoline prices at this time are lower than they have been in some time. ... Continue reading
GM Corp Outlook to Negative by Standard & Poor's
Standard & Poor's affirmed its ratings on General Motors Corp. and various related entities, following the announcement that GM intends to divest its components operations, Delphi Automotive Systems, during 1999. ... Continue reading
GM, GMAC Ratings Affirmed By Fitch IBCA On Delphi Separation
Fitch IBCA affirms General Motors Corp.'s 'A' senior debt, 'A-' preference share, and 'F1' commercial paper ratings. Those same ratings are also affirmed for General Motors Acceptance Corp.'s (GMAC) securities. ... Continue reading
The Directors of The Goodyear Tire & Rubber Company declared a quarterly dividend of 30 cents a share. The dividend is payable Sept. 15 to shareholders of record Aug. 17. ... Continue reading
Goodyear Selects Roney as New Asia Region Vice President
Michael Roney, managing director of Goodyear Brazil, has been named vice president of Goodyear's Asia Region, the company announced. ... Continue reading
Hayes Lemmerz International Reports Impact of G.M. Strike
Hayes Lemmerz International, Inc., reported its second quarter 1998 earnings per share will be adversely impacted as a result of the work stoppages at the General Motors plants. ... Continue reading
IRL: Boat Returns at Pikes Peak
IRL: Boat Returns at Pikes Peak ... Continue reading
IRL: Pep Boys Indy Racing League Weekly Notebook
IRL: Pep Boys Indy Racing League Weekly Notebook ... Continue reading
J.D. Power and Associates AutoMAPS Group Reports
Vehicle sales in Southeast Asia are expected to recover from their current slump by 2000, according to a report released by the AutoMAPS group at J.D. Power and Associates. ... Continue reading
Johnson Controls Manages Supply Chain
Automotive interior company Johnson Controls has launched a private web site on the Internet to manage seating programs and enhance communication with its key suppliers. ... Continue reading
Keystone Automotive Industries Announces Sale of Aftermarket Hard Parts Operations
Keystone Automotive Industries Inc. announced that it has signed a definitive agreement with General Parts Inc. of Raleigh, N.C., to sell its automotive aftermarket hard parts of operations. ... Continue reading
Laforza Automobiles, Inc. Announces Delivery Schedule for August 1998
Laforza Automobiles, Inc. announced that they have released their delivery schedule for August. The deliveries are as follows: ... Continue reading
Land Rover North America, Inc. reported July sales of 1,768. ... Continue reading
Latrobe Steel Company Becomes Timken Latrobe Steel
The Timken Company announced that its Latrobe Steel Company subsidiary will change its name to Timken Latrobe Steel. ... Continue reading
Lexus Sets All-Time Sales Record in July 1998
Continuing 1998's torrid sales growth into the summer, Lexus monthly sales hit an all-time single-month record of 14,673 in July, an increase of 57.9 percent over July 1997. ... Continue reading
LucasVarity Reports Effect of General Motors Strike on Second Quarter
LucasVarity plc reports that the work stoppages at GM, one of the Company's largest customers, will reduce operating income and earnings per ordinary share by approximately 11 mil pounds sterling and 0.5p, respectively in the 1998 second quarter. ... Continue reading
MascoTech, Inc. Announces Second Quarter Results
MascoTech sales for the second quarter 1998, which include the acquisition of TriMas Corporation which was completed on January 22, 1998, increased 86 percent to $433 million from $233 million in 1997. ... Continue reading
Medar Announces $1.2 Mil Order for GM China Project
Medar, Inc. announced that it has received a letter of intent for a $1,200,000 welding control order for Phase II of the Shanghai General Motors Project. The controls are scheduled to be delivered beginning in the 4th quarter of 1998. ... Continue reading
Mercedes-Benz Sales Jump 53 Percent in July
Mercedes-Benz of North America, Inc. and its 320 dealer partners across the United States continued 1998's record-breaking momentum with July sales of 10,310 vehicles, an increase of 52.9 percent over July 1997. ... Continue reading
Mitsubishi Motors' July Sales Reach 15,474 Units
Mitsubishi has announced July sales of 15,474, a 9% decline in its monthly sales compared to 1997 figures. Bright spots for the Company include a 16% increase in sales of its Montero Sport mid-size SUV and continued strong sales of the Eclipse. ... Continue reading
NASCAR WCUP: Spencer Released from Indianapolis Hospital
NASCAR WCUP: Spencer Released from Indianapolis Hospital ... Continue reading
NASCAR WCUP: Square D Racing Weekly Review/Preview
NASCAR WCUP: Square D Racing Weekly Review/Preview ... Continue reading
NASCAR WCUP: Steve Park Returns to Native New York
NASCAR WCUP: Steve Park Returns to Native New York ... Continue reading
Nationwide Insurance Cutting Ohio Auto Rates
Nationwide Insurance, Ohio's second-largest auto insurer, is reducing its auto insurance rates in the Buckeye State by a statewide average of 5.7%. ... Continue reading
Optical Coating Laboratory, Inc. Announces New Program
Optical Coating Laboratory, Inc. announced that its 60% owned subsidiary, Flex Products, Inc., has entered into a new program with PPG Industries for Flex's ChromaFlair(R) color-shifting pigment. ... Continue reading
Paxar Corporation Names John P. Jordan Vice President and Treasurer
Paxar Corporation, a world leader in the identification and tracking industry, announced that it has named John P. Jordan, 52, to the posts of Vice President and Treasurer. ... Continue reading
PHLX to Begin Trading New Options on Amkor Technology, Inc.
The Philadelphia Stock Exchange (PHLX) is pleased to announce that it will begin trading put and call options on Amkor Technology, Inc. upon the opening of business on Monday, August 10, 1998. ... Continue reading
Porsche's U.S. Sales Up Fifty-Eight Percent In July 1998
Porsche Cars North America, importer and distributor of Porsche sports cars in the United States, announced sales and stock figures for the month of July 1998. ... Continue reading
Prestolite Electric Announces Joint Venture with Daewoo
Prestolite Electric Incorporated announced that it has formed a joint venture with Inchon, South Korea- based Daewoo Heavy Industries. ... Continue reading
Savannah River Techs Release of its Newest Tracking Software
Savannah River Technologies, Inc., a technology leader in vehicle tracking systems, announces the release of its newest vehicle tracking software. ... Continue reading
Systran Corp. Introduces GoldExpress Bus Analysis Software
Systran Corp., manufacturer of the 1553 Solutions(TM) line of MIL-STD-1553 interfaces, announced the availability of GoldExpress, a new Graphical User Interface software package for use with Systran's Gold and Gold+ 1553 Solutions interfaces. ... Continue reading
The American Academy Ophthalmology Says Don't Disconnect Your Air Bags
Despite General Motors' recent recall of nearly one million cars with faulty airbags, the American Academy of Ophthalmology encourages the public to keep air bags connected. ... Continue reading
The Car Guy ... Continue reading
The Coast Distribution System Reports Q2 Sales And Earnings
The Coast Distribution System reported financial results for the second quarter and six months ended June 30, 1998. ... Continue reading
Thyssen Inc., N.A. Sponsors 'National Night Out' Picnic in Detroit
Thyssen Inc., N. America announced its continuing participation in the National Night out event. Together with the area club, Thyssen Inc., N.A. is sponsoring a special community picnic for the residents surrounding its processing center facilities. ... Continue reading
Top Source Joins Forces With American Modern Insurance Group
Top Source Technologies, Inc. announced that it has entered into an agreement with American Modern Insurance Group, an "A Rated" insurance company with $1 billion in assets. ... Continue reading
Top Source Joins Forces With American Modern Insurance Group
Top Source Technologies, Inc. announced that it has entered into an agreement with American Modern Insurance Group, an "A Rated" insurance company with $1 billion in assets. ... Continue reading
TORNADO Device Stirring Up Drivers' Interests
Got a gas guzzler in the garage? Check out the TORNADO. The aftermarket long ago figured out that if they could just make things more efficient (intake runners, air filters, exhaust systems), there would always be a place to set up shop. ... Continue reading
Toyota Sets Numerous Sales Records with Strong July
Toyota Motor Sales (TMS), U.S.A., Inc. announced strong July sales of 122,550 vehicles, up 12.5 percent over last year. Calendar-year-to-date (CYTD) sales total 757,816, an increase of 2.7 percent compared to the same period last year. ... Continue reading
UAW Leaders Respond to Delphi Sale Announcement
"The UAW is on record as opposing the split-off or spin-off of GM's Delphi operations and that remains our position," said UAW President Stephen P. Yokich. ... Continue reading
United Road Services Announces Strong Quarterly Report
United Road Services, Inc. announced its financial results for the second quarter ended June 30,1998. The Company reported second quarter revenue of $8.5 million and net income of $457,000 or $0.05 per share. ... Continue reading
Unitrode--Benchmarq Merger Closes
Unitrode Corporation, a manufacturer of analog/linear and mixed-signal integrated circuits, announced that its merger with BENCHMARQ Microelectronics, Inc. closed. ... Continue reading
USAC: The Week in Sprints, Midgets, F2000 and Silver Crown
USAC: The Week in Sprints, Midgets, F2000 and Silver Crown ... Continue reading
UTC Makes Commitment to Fuel Cells for Transportation
United Technologies Corporation has formed a new limited liability company, International Fuel Cells, LLC, to expand its fuel cell business in the transportation market. ... Continue reading
Vehicle Theft Declines 34 Percent in Five Years
Californians are much less likely to have their cars stolen than five years ago, a result of coordinated investigation, new technology and public awareness. ... Continue reading
Volkswagen Sales Up 112.9 Percent for July
With sales of 24,056, Volkswagen of America, Inc. reported its best July sales results since 1980. This figure represents a 112.9 percent increase over last year's July figure of 11,301. ... Continue reading
Warrantech Signs Contract With CompuSmart
Warrantech Corporation announced that its wholly-owned subsidiary, Warrantech Consumer Product Services, signed a three-year agreement to market service contracts to customers of CompuSmart, a franchise channel of Hartco Enterprises, Inc. ... Continue reading
ZAP Posts Continuing Record Sales And Gross Profit Margin
ZAP Power Systems reported its unaudited financial results for the three months ended June 30, 1998. ... Continue reading
The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.
Vehicle manufacturers and alt fuels.
