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August 1999

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Wednesday, August 4, 1999

AimRite Satisfies OTC-BB Listing Requirements

AimRite Satisfies OTC-BB Listing Requirements

AimRite Holdings Corporation has announced that it has satisfied the current OTC-BB listing requirements. ... Continue reading

American Honda Closes Another Sizzling Month

American Honda Closes Another Sizzling Month

American Honda continued its record-setting sales pace in July, shattering the previous monthly record with sales of 100,135, up 7.9 percent, and posting the company's second-best month ever. ... Continue reading

Baldor Announces Q3 1999 Dividend

Baldor Announces Q3 1999 Dividend

Baldor Electric Company markets, designs, and manufactures electric motors and drives and is based in Fort Smith, Arkansas. ... Continue reading

BEI Technologies Declares Quarterly Dividend

BEI Technologies Declares Quarterly Dividend

The Board of Directors of BEI Technologies, Inc. announced its eighth consecutive quarterly dividend of two cents per share. ... Continue reading

BMW Sales Drive New Records; July Sales Jump 19 Percent

BMW Sales Drive New Records; July Sales Jump 19 Percent

BMW of North America, Inc. continues to set records, reporting sales of 13,298 automobiles for the best July in its history. That's an increase of 19.4 percent over the 11,139 automobiles sold last July. ... Continue reading

Briggs & Stratton Increases Dividend

Briggs & Stratton Increases Dividend

Briggs & Stratton Corporation has announced that its Board of Directors has authorized an increase in its regular quarterly dividend from Twenty-nine cents ($0.29) to Thirty cents ($0.30) per share. ... Continue reading

CART: Fittipaldi injured at Gateway; Will miss Sunday's Detroit Race

CART: Fittipaldi injured at Gateway; Will miss Sunday's Detroit Race

CART: Fittipaldi injured at Gateway; Will miss Sunday's Detroit Race ... Continue reading

CART: Walker Racing, Detroit Preview

CART: Walker Racing, Detroit Preview

CART: Walker Racing, Detroit Preview ... Continue reading

Company Rewards Overachievers With a Taste of the Grand Prix

Company Rewards Overachievers With a Taste of the Grand Prix

Top-performing sales reps are donning racing suits and neck collars - and getting a high-powered pitch of their own. ... Continue reading

Cooper Industries' Board Declares Dividend

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

Daewoo Continues to Increase Sales in July

Daewoo Continues to Increase Sales in July

Daewoo Motor America achieved a seventh consecutive month of growth in automobile sales for the month of July. ... Continue reading

Federal-Mogul `BBB-` Affirmed by Fitch IBCA

Federal-Mogul `BBB-` Affirmed by Fitch IBCA

Federal-Mogul Corp.'s senior unsecured debt issues are affirmed at `BBB-` by Fitch IBCA. ... Continue reading

Federal Signal Corp.'s $300M CP Prog Affd 'F1' by Fitch IBCA

Federal Signal Corp.'s $300M CP Prog Affd 'F1' by Fitch IBCA

Federal Signal Corp.'s $300 million 'F1' rated commercial paper program is affirmed by Fitch IBCA. ... Continue reading

Ford Begins Producing Low Emissions Pickup Trucks Nationwide

Ford Begins Producing Low Emissions Pickup Trucks Nationwide

Ford Motor Company produced the first of its 2000 model F- Series pickup trucks to be sold nationally as Low Emission Vehicles (LEV) far in advance of government regulation. ... Continue reading

Ford Motor Company's U.S. Sales Up 4% in July

Ford Motor Company's U.S. Sales Up 4% in July

U.S. consumers purchased or leased 356,949 cars and trucks from Ford, Mercury, Lincoln, Jaguar, and Volvo dealers in July enabling Ford Motor Company to post a four percent increase in sales compared with July 1998. ... Continue reading

Freightliner Corporation Selects The Richards Group As New Lead Ad Agency

Freightliner Corporation Selects The Richards Group As New Lead Ad Agency

Freightliner Corporation, North America's leading producer of heavy-duty trucks, has selected The Richards Group, based in Dallas, Texas, to handle creative strategy and advertising development for the company. ... Continue reading

GE Capital Fleet Services Acquires Bank of America's Small Fleet Leasing Business

GE Capital Fleet Services Acquires Bank of America's Small Fleet Leasing Business

GE Capital Fleet Services announced it has acquired the small fleet leasing business of Charlotte-based Bank of America consisting of approximately 13,000 commercial cars and trucks nationwide. Details of the transaction were not disclosed. ... Continue reading

GenCorp and Thailand's C.P. Group Form Joint Venture Company

GenCorp and Thailand's C.P. Group Form Joint Venture Company

U.S.-based GenCorp Inc. and Thailand-based ChareonPokphand Group announced they have ormed a joint venture company in Thailand to serve decorative PVC film and fabric markets in the Asia-Pacific region and provide expanded product lines. ... Continue reading

Goodyear Declares Dividend

Goodyear Declares Dividend

Directors of The Goodyear Tire & Rubber Co. declared a quarterly dividend of 30 cents a share. The dividend is payable September 15, to shareholders of record August 16. ... Continue reading

Hyundai July Sales Soar Upward 104%, Setting Another 10-Year Record

Hyundai July Sales Soar Upward 104%, Setting Another 10-Year Record

Hyundai Motor America announced sales of 17,958 vehicles for the month of July and 88,898 vehicles for the first seven months of 1999. ... Continue reading

Infiniti Reports Sales Increase of 51.7 Percent

Infiniti Reports Sales Increase of 51.7 Percent

Infiniti, the Luxury Division of Nissan North America, Inc. (NNA), reported total July sales of 6,571 units, an increase of 51.7 percent versus the previous year and up 13.3 percent versus last month. ... Continue reading

IRL: Cheever, Unser Fined $5,000 Each

IRL: Cheever, Unser Fined $5,000 Each

Cheever, Unser Fined $5,000 Each ... Continue reading

IROC: Earnhardt ready to make IROC history at Indy

IROC: Earnhardt ready to make IROC history at Indy

IROC: Earnhardt ready to make IROC history at Indy ... Continue reading

Jaguar Accepts Award for Sales Satisfaction

Jaguar Accepts Award for Sales Satisfaction

In a ceremony at Jaguar headquarters, President Mike Dale accepted the award for top ranking in the 1999 J.D. Power and Associates 1999 Sales Satisfaction Study 2 (SSI2). ... Continue reading

Jaguar Cars Posts All-Time Record

Jaguar Cars Posts All-Time Record

Jaguar Cars announced that it has achieved its third consecutive month of all-time record sales results in the United States. ... Continue reading

Jay Caraviello Named President of SPX'S Lightnin Unit

Jay Caraviello Named President of SPX'S Lightnin Unit

SPX Corporation announced that it has named Jay Caraviello as President of its Lightnin business unit. ... Continue reading

Juron Appointed GM, New York Region for Mercedes-Benz USA

Juron Appointed GM, New York Region for Mercedes-Benz USA

Mercedes-Benz USA, Inc. (MBUSA) has announced the appointment of Paul Juron as general manager, New York Region. Juron replaces David Schembri who is now MBUSA's general manager, Los Angeles Region. ... Continue reading

Kia Enjoying Red-Hot Sales Summer; Y-T-D Sales Increase 53 Percent

Kia Enjoying Red-Hot Sales Summer; Y-T-D Sales Increase 53 Percent

Kia sales heated up an already hot summer in July. With sales of 13,136 units for the month, Kia sales were up 30 percent versus July 1998. ... Continue reading

Land Rover Announces Strong July Sales

Land Rover Announces Strong July Sales

Land Rover North America, Inc. reported July sales of 2,135 units, continuing its record setting sales pace for 1999 with the second best July in company history. ... Continue reading

Lexus Reports Best-Ever July Sales; Year-to-Date Sales Up 28.7 Percent

Lexus Reports Best-Ever July Sales; Year-to-Date Sales Up 28.7 Percent

Lexus posted sales of 17,094 units for a best-ever July and an increase of 16.4 percent over 1998. Year-to-date sales of 106,923 are up 28.7 percent from last year. ... Continue reading

Light Trucks Spearhead Nissan Sales Resurgence

Light Trucks Spearhead Nissan Sales Resurgence

Led by a 53% July sales increase of its revitalized light truck lineup, Nissan is once again becoming a player in the segment it pioneered in the early 60s. ... Continue reading

Liteglow Industries Inc. Opens Hong Kong Office

Liteglow Industries Inc. Opens Hong Kong Office

Spencer Krumholz, CEO of Liteglow Industries Inc. announced that Liteglow Industries has now opened a fully staffed office in Hong Kong. ... Continue reading

LoJack Recoveries Tally $500 Million In Consumer Savings

LoJack Recoveries Tally $500 Million In Consumer Savings

LoJack Corp., developer and marketer of the LoJack System, a stolen-vehicle tracking device used exclusively by law enforcement personnel to track and recover stolen vehicles, announces their 30,000th recovery since the system became operational in 1986. ... Continue reading

Mazda Reports Month-End July Sales

Mazda Reports Month-End July Sales

Mazda North American Operations (MNAO) reported U.S. sales of 24,999 units for the month of July. ... Continue reading

Mercedes-Benz to Recall Child Seats; Booster and Infant Seats to be Replaced

Mercedes-Benz to Recall Child Seats; Booster and Infant Seats to be Replaced

Mercedes-Benz USA will recall about 6000 of its accessory child seats. Only BabySmart Infant and Booster seats are involved; the Toddler seat is not affected. ... Continue reading

Mercedes-Benz USA Sales Jump Nearly 62 Percent in July

Mercedes-Benz USA Sales Jump Nearly 62 Percent in July

Mercedes-Benz USA, Inc. continued its record-setting momentum in July by achieving yet another year-to-date performance milestone as well as recording the second highest month in its history. ... Continue reading

Mitsubishi Motors' July Sales Up 51 Percent

Mitsubishi Motors' July Sales Up 51 Percent

Mitsubishi Motors had its best-ever July in the U.S., with sales up 51 percent over the prior year: ... Continue reading

NASCAR BGN: IWX/Tony Roper Indianapolis Preview

NASCAR BGN: IWX/Tony Roper Indianapolis Preview

NASCAR BGN: IWX/Tony Roper Indianapolis Preview ... Continue reading

NASCAR BGN: Randy LaJoie, Indianapolis Raceway Park Preview

NASCAR BGN: Randy LaJoie, Indianapolis Raceway Park Preview

NASCAR BGN: Randy LaJoie, Indianapolis Raceway Park Preview ... Continue reading

NASCAR WCUP: Ernie Irvan, M & M's Racing Preview, Brickyard 400

NASCAR WCUP: Ernie Irvan, M & M's Racing Preview, Brickyard 400

NASCAR WCUP: Ernie Irvan, M & M's Racing Preview, Brickyard 400 ... Continue reading

NASCAR WCUP: Jarrett driving straight down path toward Winston Cup

NASCAR WCUP: Jarrett driving straight down path toward Winston Cup

NASCAR WCUP: Jarrett driving straight down path toward Winston Cup ... Continue reading

Nissan North America, Inc. Reports Highest Total Volume Sales Since March 1997

Nissan North America, Inc. Reports Highest Total Volume Sales Since March 1997

The Nissan Division posted July sales of 65,049 units, an increase of 14.3 percent over last month, marking the eighth consecutive month of year-over-year sales gains. ... Continue reading

Northwest Airlines Adds Avis and Hertz to its WorldPerks Program

Northwest Airlines Adds Avis and Hertz to its WorldPerks Program

Northwest Airlines announced that Avis and Hertz are new WorldPerks car rental partners. The airline also announced enhanced, simplified procedures for earning WorldPerks miles by renting vehicles. ... Continue reading

Porsche Reports July U.S. Sales; Year-to-Date Sales Increase by Sixteen Percent

Porsche Reports July U.S. Sales; Year-to-Date Sales Increase by Sixteen Percent

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 1999. ... Continue reading

Saab Leads All European Imports With A 42 Percent Year-To-Date Sales Increase

Saab Leads All European Imports With A 42 Percent Year-To-Date Sales Increase

Saab Cars USA, Inc., the U.S. importer and distributor of Saab 9-3 and 9-5 automobiles, announced sales of 4,014 units during July 1999, a 29 percent increase over July 1998 sales (3,106 units). ... Continue reading

Schembri Appointed GM, Los Angeles Region for Mercedes-Benz

Schembri Appointed GM, Los Angeles Region for Mercedes-Benz

Mercedes-Benz USA, Inc. (MBUSA) has announced the appointment of David Schembri to general manager, Los Angeles Region. ... Continue reading

SDRC Teams With McGraw-Hill to Offer the I-DEAS Student Edition

SDRC Teams With McGraw-Hill to Offer the I-DEAS Student Edition

SDRC has teamed with The McGraw-Hill Companies to publish the I- DEAS(R) Student Edition(TM). ... Continue reading

Steelworkers React to Management Changes at Oregon Steel Mills, Inc.

Steelworkers React to Management Changes at Oregon Steel Mills, Inc.

The United Steelworkers of America congratulated Oregon Steel CEO Thomas Boklund on his announced retirement as well as welcoming his successor, Joe E. Corvin. ... Continue reading

Strong Minivan, Jeep(R) Sales Propel DaimlerChrysler to July Sales High

Strong Minivan, Jeep(R) Sales Propel DaimlerChrysler to July Sales High

Strong minivan and Jeep sales propelled DaimlerChrysler's Dodge, Chrysler, Plymouth and Jeep brands to a July sales high of 226,766, a 10 percent increase over July 1998's 206,018. ... Continue reading

Tenneco Automotive President Frissora to be CEO

Tenneco Automotive President Frissora to be CEO

Tenneco Automotive President Mark P. Frissora has been appointed ceo of the $3.2b global automotive parts business, effective when Tenneco Automotive and Tenneco Packaging become separated, which is expected to occur in the fall. ... Continue reading

TI Group Names Global Management Team for New Auto Unit

TI Group Names Global Management Team for New Auto Unit

UK-based TI Group has named a senior management team for its newly formed global automotive systems organization. ... Continue reading

Toyota Sets Sales Record For Fourth Consecutive Month With Best-Ever July Sales

Toyota Sets Sales Record For Fourth Consecutive Month With Best-Ever July Sales

Toyota Motor Sales (TMS), U.S.A., Inc., reported best-ever July sales of 139,483 vehicles, an increase of 13.8 percent over last July. ... Continue reading

Tracks: Browning two for two in Late Models at Jax Raceways

Tracks: Browning two for two in Late Models at Jax Raceways

Tracks: Browning two for two in Late Models at Jax Raceways ... Continue reading

Trans-Am: BFGoodrich Tires Johnson Controls Triple Challenge Enters Round Two

Trans-Am: BFGoodrich Tires Johnson Controls Triple Challenge Enters Round Two

Trans-Am: BFGoodrich Tires Johnson Controls Triple Challenge Enters Round Two ... Continue reading

Unique Mobility Alternator Utilized in First 11 Hybrid Electric Ground Vehicles

Unique Mobility Alternator Utilized in First 11 Hybrid Electric Ground Vehicles

Unique Mobility, Inc. announced that its proprietary alternator and alternator controller are integral components in the first eleven Hybrid Electric Vehicles built and delivered for the U.S. Government's Alternative Vehicle System Program Office. ... Continue reading

UnitedAuto Announces $1.0B Financing Arrangement With Chrysler Financial

UnitedAuto Announces $1.0B Financing Arrangement With Chrysler Financial

UnitedAuto Group, Inc., the nation's second largest publicly traded automotive retailer, announced that it had arranged $1.0 billion of financing with Chrysler Financial Company, L.L.C., a wholly owned subsidiary of DaimlerChrysler. ... Continue reading

UnitedAuto Expands Relationships With GM, Honda and Toyota

UnitedAuto Expands Relationships With GM, Honda and Toyota

UnitedAuto Group, Inc. announced that it had completed agreements with General Motors, American Honda and Toyota, giving UAG new capability to expand its relationships with them and enhance customer service. ... Continue reading

UnitedAuto Shareholders Approve $49.5M Second Installment of Investment

UnitedAuto Shareholders Approve $49.5M Second Installment of Investment

UnitedAuto Group, Inc., the nation's second largest publicly traded automotive retailer, announced today that Penske Capital Partners had funded the $49.5 million second installment of the $83.0 million in new capital. ... Continue reading

Updated Auto Club Book Describes Atmosphere and Diversity of County Inns

Updated Auto Club Book Describes Atmosphere and Diversity of County Inns

Looking to get away from the cellular phone, fax and e-mail lifestyle? How about trying a turn-of-the-century getaway, a romantic retreat or a country inn with a homey atmosphere? ... Continue reading

V6 Production Under Way at Toyota's West Virginia Plant

V6 Production Under Way at Toyota's West Virginia Plant

Production team members at Toyota Motor Manufacturing, West Virginia, Inc. this week celebrated the official start of V6 engine production at the Buffalo plant. ... Continue reading

Viasystems Tyneside Facilities Receive BSI Technology Approval

Viasystems Tyneside Facilities Receive BSI Technology Approval

Viasystems North Tyneside and Viasystems South Tyneside, printed circuit board manufacturers, have just secured a national first by gaining a prestigious quality award. ... Continue reading

Warrantech Announces Preliminary Unaudited Fiscal Q4 and Year End Results

Warrantech Announces Preliminary Unaudited Fiscal Q4 and Year End Results

Warrantech Corp announced that it is issuing preliminaryresults for the fiscal 1999 fourth quarter and year ended March 31,1999 pending the review with the Financial Accounting StandardsBoard of its accounting policy with respect to revenue recognition. ... Continue reading

Wynn's International Declares Quarterly Dividend

Wynn's International Declares Quarterly Dividend

Wynn's International, Inc. announced that the Board of Directors had declared a regular quarterly dividend of seven cents ($0.07) per share of common stock, payable September 30, 1999 to stockholders of record on September 17, 1999. ... Continue reading

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