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August 1998

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Thursday, August 6, 1998

1999 NHRA Winston Drag Racing Series Schedule Announced

1999 NHRA Winston Drag Racing Series Schedule Announced

1999 NHRA Winston Drag Racing Series Schedule Announced ... Continue reading

Allied Signal / AMP Merger Sees Complimentary Business

Allied Signal / AMP Merger Sees Complimentary Business

Allied Signal seeks to expand its high value car parts presence through a hostile takeover bid for AMP. ... Continue reading

Arnold Industries Announces Q2 Results

Arnold Industries Announces Q2 Results

Board Chairman and President of Arnold Industries, Inc., announced Operating Revenues, Operating Income and Earnings Per Share for the second quarter of 1998. ... Continue reading

Autoliv Increases Airbag & Seat Belt Capacity Plant

Autoliv Increases Airbag & Seat Belt Capacity Plant

Autoliv Inc., a leader in automotive safety, has started the construction of a 10,000 square meter production plant in Olawa near Wroclaw, Poland. The new plant will produce textile cushions for airbag systems and assemble seat belt systems. ... Continue reading

Auto-Supported Fastener Bill Goes to President

Auto-Supported Fastener Bill Goes to President

The U.S. House of Representatives cleared legislation to rewrite a never-implemented law requiring special testing and certification of most fasteners, which include nuts, bolts, screws, and washers. ... Continue reading

Best-Ever Sales Momentum Continues for Toyota's Kansas City Region

Best-Ever Sales Momentum Continues for Toyota's Kansas City Region

Toyota's Kansas City Region continues its car sales momentum by posting a 21 percent increase over last year. Total car and truck sales increased 13 percent over July 1997. ... Continue reading

Brazilian Racing News: Fittipaldi and Piquet to Manage Jacarepagua

Brazilian Racing News: Fittipaldi and Piquet to Manage Jacarepagua

Emerson Fittipaldi and Nelson Piquet announced here, today, they are taking over the administrative control of the Autodromo de Jacarepaguá ... Continue reading

Bridgestone Unifies Organization for Bridgestone and Firestone

Bridgestone Unifies Organization for Bridgestone and Firestone

Bridgestone Corporation announced that it will merge the two companies that have handled its Bridgestone and Firestone brands separately in New Zealand. ... Continue reading

CART: Driver Standings Through August 6

CART: Driver Standings Through August 6

CART: Driver Standings Through August 6, 1998 ... Continue reading

CART: Team Rahal Scoop - Mid-Ohio

CART: Team Rahal Scoop - Mid-Ohio

CART: Team Rahal Scoop - Mid-Ohio ... Continue reading

Chrysler and Daimler-Benz Finalize Proxy Statement/Prospectus

Chrysler and Daimler-Benz Finalize Proxy Statement/Prospectus

Chrysler Corp and Daimler-Benz AG announced that the Proxy Statement/Prospectus relating to their planned business combination had been filed with the U.S. Securities and Exchange Commission and will be mailed to shareholders over the next several days. ... Continue reading

Chrysler International Reports July Sales

Chrysler International Reports July Sales

Chrysler Corporation announced that total international sales outside of North America were down 18 percent for the month of July, with 17,503 units sold compared to 21,259 units sold one year ago. ... Continue reading

DSP Technology Inc. Receives $1.6 Million Contract

DSP Technology Inc. Receives $1.6 Million Contract

DSP Technology Inc. announced receipt of a contract valued at approximately $1.6 million for RedLine ADAPT dynamometer control systems and dynamometer cell accessories from the world's leading manufacturer of mid-range diesel engines. ... Continue reading

Ecostar Lights the Way for Fuel-Cell Vehicles

Ecostar Lights the Way for Fuel-Cell Vehicles

A new star is charting the course to developing electric drivetrains for fuel-cell-powered vehicles -- Ecostar Electric Drive Systems Company. ... Continue reading

Federal-Mogul Announces Organizational Changes Sealing Systems

Federal-Mogul Announces Organizational Changes Sealing Systems

Rick Streicher, vice president, Sealing Systems - North America, Federal-Mogul Corporation announces organizational changes within the Sealing Systems - North America Group with the following appointments effective immediately: ... Continue reading

Formula One: Driver Standings Through August 6

Formula One: Driver Standings Through August 6

Formula One: Driver Standings Through August 6, 1998 ... Continue reading

Hayes Lemmerz International Receives Contract from BMW

Hayes Lemmerz International Receives Contract from BMW

Hayes Lemmerz International, Inc., the world's leading supplier of wheel and brake components, announced that its European Aluminum Wheels division has received a contract from BMW for cast alloy wheels for BMW's new 3 series vehicle platform. ... Continue reading

IRL: Driver Standings Through August 6

IRL: Driver Standings Through August 6

IRL: Driver Standings Through August 6, 1998 ... Continue reading

Kenwick Inc. Completes Transition to Multi-Industry Company

Kenwick Inc. Completes Transition to Multi-Industry Company

Kenwick, Inc. d.b.a. American Video Language Institute announced they have completed the planned name changes necessary for the Company to take full advantage of the current opportunities available. ... Continue reading

MEMA Forms Automotive Original Equipment Suppliers Association

MEMA Forms Automotive Original Equipment Suppliers Association

The Motor & Equipment Manufacturers Ass will form the Automotive Original Equipment Suppliers Ass. AOESA will provide benefits and services to companies supplying original equipment materials, components, subsystems, systems, modules, equipment and contracted services to motor vehicle manufacturers. ... Continue reading

Mobil and Texaco Sign Agreements with Rosneft

Mobil and Texaco Sign Agreements with Rosneft

Mobil Corp. and Texaco Inc., announced that affiliates, Mobil Sakhalin Neftegaz Inc., and Texaco Exploration Sakhalin Inc., signed a number of agreements with affiliates of oil companies "Rosneft." ... Continue reading

Modine Completes Purchase of Brazilian Joint Venture

Modine Completes Purchase of Brazilian Joint Venture

Modine Manufacturing Company has completed the acquisition of a 50-percent interest in Radiadores Visconde Ltda., a Brazilian heat-transfer company. Modine had previously signed a letter of intent to enter this joint venture on June 11. ... Continue reading

MotorVac Technologies Announces Second Quarter Results

MotorVac Technologies Announces Second Quarter Results

MotorVac(R) Technologies Inc. announced results for its second quarter and six months ended June 30, 1998. ... Continue reading

NASCAR BGN: Driver Standings Through August 6

NASCAR BGN: Driver Standings Through August 6

NASCAR BGN: Driver Standings Through August 6, 1998 ... Continue reading

NASCAR-BGNN, BUSINESS: Penfold Motorsports Announces New Sponsor for The Glen

NASCAR-BGNN, BUSINESS: Penfold Motorsports Announces New Sponsor for The Glen

NASCAR-BGNN, BUSINESS: Penfold Motorsports Announces New Sponsor for The Glen ... Continue reading

NASCAR-BGNN: Moore Watkins Glen Preview

NASCAR-BGNN: Moore Watkins Glen Preview

NASCAR-BGNN: Moore Watkins Glen Preview ... Continue reading

NASCAR: Crew Chief Club, The Bud at The Glen

NASCAR: Crew Chief Club, The Bud at The Glen

NASCAR: Crew Chief Club, The Bud at The Glen ... Continue reading

NASCAR WCUP: Driver Standings Through August 6

NASCAR WCUP: Driver Standings Through August 6

NASCAR WCUP: Driver Standings Through August 6, 1998 ... Continue reading

NHRA: Driver Standings Through August 6

NHRA: Driver Standings Through August 6

NHRA: Driver Standings Through August 6, 1998 ... Continue reading

NHRA: Mopar - Seattle - Final Report

NHRA: Mopar - Seattle - Final Report

NHRA: Mopar - Seattle - Final Report ... Continue reading

Nissan Announces First Lease of Altra EV in New York

Nissan Announces First Lease of Altra EV in New York

Nissan has leased its first Altra EV in New York to The New York Power Authority (NYPA). With the delivery of an all-new Nissan Altra EV, the NYPA expands its fleet of more than 70 electric test vehicles. ... Continue reading

Noble Metal Products, Inc. Changes Name to Noble Metal Forming, Inc.

Noble Metal Products, Inc. Changes Name to Noble Metal Forming, Inc.

Noble International, Ltd. announced that its subsidiary Noble Metal Products, Inc. has changed its name to Noble Metal Forming, Inc. ... Continue reading

Penske Motorsports Appoints Edsel B. Ford II to the Board of Directors

Penske Motorsports Appoints Edsel B. Ford II to the Board of Directors

Penske Motorsports, Inc. (PMI) announced the appointment of Edsel B. Ford II to the Board of Directors. ... Continue reading

Pep Boys Announces Record Q2 Sales

Pep Boys Announces Record Q2 Sales

Manny, Moe & Jack, the nation's leading automotive aftermarket retail and service chain, announced record sales and earnings guidance for the thirteen weeks ended Aug. 1, 1998. ... Continue reading

Porsche Chronicles its Illustrious Racing History

Porsche Chronicles its Illustrious Racing History

Presented by the Chrysler Corporation, the 1998 Monterey Historic Automobile Races has automotive journalists and enthusiasts worldwide eagerly waiting participation in Porsche's largest 50th anniversary celebration. ... Continue reading

Simula Reports Second Quarter 1998 Financial Results

Simula Reports Second Quarter 1998 Financial Results

Simula, Inc. announced its financial results for the second quarter and six months ended June 30, 1998. ... Continue reading

Sonic Automotive, Inc. Reports Q2 Earnings

Sonic Automotive, Inc. Reports Q2 Earnings

Sonic Automotive, Inc. reported an increase in net income for the quarter ended June 30, 1998 of 367.1% to $4.7 million, or $0.39 per diluted share, from $1.0 million, or $0.16 per diluted share for the second quarter of 1997. ... Continue reading

S&P Places Exide Ratings on Watch Negative

S&P Places Exide Ratings on Watch Negative

Standard & Poor's placed its double-'B'-minus corporate credit, single-'B'-plus senior unsecured debt, and single-'B' subordinated debt ratings on Exide Corp. on CreditWatch with negative implications. ... Continue reading

Suzuki Announces Pricing on All-New 1999 Grand Vitara

Suzuki Announces Pricing on All-New 1999 Grand Vitara

American Suzuki Motor Corporation (ASMC) announced the Manufacturer's Suggested Retail Price (MSRP) for the 1999 Grand Vitara line-up, which arrives in dealerships this month. ... Continue reading

Telxon Wireless Mobile Computers Help Chrysler Monitor Quality Control

Telxon Wireless Mobile Computers Help Chrysler Monitor Quality Control

Telxon Corporation announced that its wireless mobile pen-based computers are helping Chrysler Corporation to mount a first line of defense against defects at Chrysler's Detroit Jefferson North Plant, where the popular Jeep Grand Cherokee is produced. ... Continue reading

The Callahan Report: Herta Favored at CART's Most Comfortable Venue

The Callahan Report: Herta Favored at CART's Most Comfortable Venue

The Callahan Report: Herta Favored at CART's Most Comfortable Venue ... Continue reading

Titan Motorcycle Reports on Sales for 2Q and First Half of 1998

Titan Motorcycle Reports on Sales for 2Q and First Half of 1998

Frank Keery, president and chief executive of Titan Motorcycle Co. of America, reported results for the second quarter and first half of 1998. ... Continue reading

TRACKS: Michigan Speedway Fence Improvements Underway after U.S. 500 Tragedy

TRACKS: Michigan Speedway Fence Improvements Underway after U.S. 500 Tragedy

TRACKS: Michigan Speedway Fence Improvements Underway after U.S. 500 Tragedy ... Continue reading

Trim Systems, LLC Appoints Dominic Cuzzocrea as New President/COO

Trim Systems, LLC Appoints Dominic Cuzzocrea as New President/COO

Trim Systems, LLC announced that its board of directors has named Dominic Cuzzocrea as president and chief operating officer of the company, replacing John C. Read, who had been serving as president while a search for the position was underway. ... Continue reading

Two New Circuits for L.A.: One Temporary, One for Real

Two New Circuits for L.A.: One Temporary, One for Real

Two New Circuits for L.A.: One Temporary, One for Real ... Continue reading

Wackenhut Marks Ten Years Of Quality Service At Saturn Corporation Plants

Wackenhut Marks Ten Years Of Quality Service At Saturn Corporation Plants

The Wackenhut Corporation, a global provider of security-related services, is marking the tenth anniversary of its partnership with Saturn Corporation as the supplierof fire, emergency and security services at Saturn plants in Tennessee and Michigan. ... Continue reading

Warrantech Corporation Announces Fiscal First Quarter Results

Warrantech Corporation Announces Fiscal First Quarter Results

Warrantech Corporation announced results for the fiscal first quarter ended June 30, 1998. Revenues for the fiscal first quarter were $50.3 million, compared to $53.3 million in the fiscal first quarter of 1998. ... Continue reading

WOO: World of Outlaws Points Through August 5th

WOO: World of Outlaws Points Through August 5th

WOO: World of Outlaws Points Through August 5th ... Continue reading

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