$8M in Scholarships and Prizes to be Awarded in Ford/AAA Contest
More than 6,000 of the nation's top high school auto technicians will be competing for $8 million in scholarships and prizes in the 1999 Ford/AAA STUDENT AUTO SKILLS contest. ... Continue reading
1999 Vitara Line Offers First-Rate, Yet Affordable Packages
American Suzuki Motor Corp. announced the Manufacturer's Suggested Retail Price (MSRP) for the 1999 Two-Door and Four- Door Vitaras. ... Continue reading
37th Annual Rolex 24 at Daytona Schedule
37th Annual Rolex 24 at Daytona Schedule ... Continue reading
ALLDATA Releases New Version 3.0 Software
ALLDATA(R) Corporation, the market leader in publishing Electronic Automotive Diagnostic and Repair Information, has just released ALLDATA(R) for Windows(R) version 3.0. ... Continue reading
Autoliv Stockholders' Meeting and Dividend Declaration
The Board of Directors of Autoliv Inc., a worldwide leader in automotive safety systems, decided to set May 6, 1999, as the date for the Annual General Meeting of Stockholders. ... Continue reading
Auto Network USA Featured in Conservative Speculator
Auto Network USA announced the Conservative Speculator Newsletter has featured the Company in the December 1998 issue. Auto Network is covered in this month's Sneak Preview section of the newsletter. ... Continue reading
Baker and Ford to Build Electric Test Fleet for Mail Delivery
Baker Electromotive, Inc. and Ford Motor Company will join forces to convert ten U.S. Postal Service vehicles into electric vehicles to be used for mail delivery. ... Continue reading
Barnes Group Inc. Names Edmund M. Carpenter President and CFO
Barnes Group Inc. announced that Edmund M. Carpenter has been named president and chief executive officer, effective immediately. ... Continue reading
Budget Group Vice Chairman John P. Kennedy to Retire
Budget Group, Inc., announced that John Kennedy, vice chairman, 54, will retire late next year. He will continue to serve on Budget Group's Board of Directors. ... Continue reading
CART: De Ferran and Hattori Team Up at Laguna
CART: De Ferran and Hattori Team Up at Laguna ... Continue reading
CART: Klein Tools Begins Sixth Season with Team Green
CART: Klein Tools Begins Sixth Season with Team Green ... Continue reading
Consumer Portfolio Services Securitizes Automobile Receivables
Consumer Portfolio Services Inc. announced that it has completed the securitization of $310 million of its automobile receivables. CPS Auto Receivables Trust 1998-4 issued five classes of notes with interest rates ranging from 5.473% to 5.890% ... Continue reading
'Do The Buckle' Campaign Reminds Families About Auto Safety During Holidays
An unfortunate statistic these days is that every hour someone dies in America simply because they didn't wear a safety belt. Research has shown that wearing a safety belt is the most effective way to reduce fatalities and serious injuries in a motor vehicle crash. ... Continue reading
Earl Scheib Inc. Announces Chris Bement as New President and CEO
Earl Scheib Inc. announced that Chris Bement has been elected as president and chief executive officer, effective Jan. 1, 1999. ... Continue reading
Ford Plants Lead the World in Environmental Performance
Ford Motor Company became the first and only automotive company to certify its plants around the world under ISO 14001, an environmental standard under which independent auditors evaluate environmental processes and system performance. ... Continue reading
Gentex Receives DaimlerChrysler's Platinum Pentastar Award
Gentex Corporation, the world-leading supplier of automatic- dimming mirrors to the auto industry, has received DaimlerChrysler's Platinum Pentastar Award for supplier quality and overall corporate achievement. ... Continue reading
Gilman and Pastor Files Suit Against National Auto Finance Company
The following is being issued by the law firm of Gilman and Pastor, LLP on behalf of persons who purchased National Auto Finance Company, Inc. stock between January 29, 1997 and July 8, 1998 (the "Class Period"): ... Continue reading
GKN plc to Acquire The Interlake Corporation of the U.S.
GKN plc announces that it has entered into a merger agreement to acquire The Interlake Corporation in a move that strengthens the group's powdered metals and aerospace businesses. ... Continue reading
Hayes Lemmerz to Issue Senior Subordinated Notes
Hayes Lemmerz International, Inc., the world's leading supplier of wheels and brake components to the automotive and commercial highway industries, announced that it has agreed to issue $250 million in 8-1/4 percent senior-subordinated notes due 2008 ... Continue reading
Introducing Scott S. Daniel, President and Owner of Texas Shuttle
In January 1998, Scott S. Daniel started a transportation company in Austin named Texas Shuttle. The company's performance has already ranked it in the top four percent of starting first-year businesses, according to SBA statistics. ... Continue reading
Judges Name Winner of Mazda's Inaugural Out-of-the-Box Awards
North Carolina's Molly Barker was named America's most offbeat, creative, dare-to-be-different character during the national finals of the Mazda Out-Of-The-Box Awards at New York's famous Chelsea Piers. ... Continue reading
Kia's new minivan will be named the Kia Sedona
Sedona will be the name of the first Korean-built minivan intended for the U.S. market, when the versatile vehicle goes on sale in 2000 as a 2001 model-year vehicle. ... Continue reading
Lowest Fuel Prices Since 1986, AAA Survey Shows
The national average price of self-serve regular unleaded gasoline decreased in December to $1.023 per gallon, down 3.2 cents since November, according to AAA ... Continue reading
LucasVarity Reports Q3 and Nine Month Results
LucasVarity plc today reports its results for the three month (third quarter) and nine month periods ended October 31, 1998. ... Continue reading
LucasVarity Wins Chrysler Role Model Award
LucasVarity plc announced that its Automotive Division is one of nine recipients of Chrysler Role Model awards for the 1998 model year. Around 11,000 top parent suppliers are eligible for these prestigious awards ... Continue reading
Meritor Automotive Advances Global Growth Initiatives
Meritor Automotive, Inc. announced that it has signed a definitive agreement that would allow Meritor to acquire Euclid Industries. ... Continue reading
Michigan Safety Belt Use Rate Released for 1998
Michigan's just-released safety belt use rate has not changed significantly from last year, according to the 1998 safety belt use survey conducted by the University of Michigan Transportation Research Institute. ... Continue reading
Midgets: Lap Sponsors Announced for Fort Wayne Program
Midgets: Lap Sponsors Announced for Fort Wayne Program ... Continue reading
Miracom Corp Secures Contracts With 63rd Largest Dealer Group
Miracom Corporation, an Orlando-based marketing, Internet, research and advertising firm has signed contracts with Commonwealth Dodge, Louisville, Kentucky, and Hays Mazda of Nashville, Tennessee. ... Continue reading
NASCAR: Auction Online Underway to Benefit Ricky Craven Charity Snowmobile Ride
NASCAR: Auction Online Underway to Benefit Ricky Craven Charity Snowmobile Ride ... Continue reading
New Goodyear Ice Tire is Out Of This World
A new ice tire from Goodyear is no alien to the tires that rolled across the dusty plains of the moon 27 years ago. ... Continue reading
Nissan U.S. Clarifies Restructuring: No Staff Cutbacks Planned
Nissan North America, Inc. released the following statement in response to an Associated Press Tokyo story and a Bloomberg News Tokyo story about proposed job reductions in its U.S. operations: there are no planned staff reductions as a result of this consolidation ... Continue reading
Northeast Ohio RV Dealer Heads Up International Industry Convention
Mr. Jeff Pastore, vice president of Hartville RV Center Inc. in Hartville, Ohio will serve as chairman for the 1999 Recreation Vehicle Dealers Association (RVDA) International Convention in Las Vegas, Nevada. ... Continue reading
RCG Research Initiates Coverage of Auto Network USA, Inc.
RCG Research today announced that they are initiating coverage of Auto Network USA, Inc. with an Accumulate rating. Auto Network USA is a wholesaler of used late-model sports and luxury automobiles ... Continue reading
Rouge Industries, Inc. Declares Fourth Quarter Dividend
Rouge Industries, Inc. announced that its Board of Directors approved a fourth quarter cash dividend in the amount of three cents per share payable on January 22, 1999 to shareholders of record at the close of business on January 8, 1999. ... Continue reading
Supreme Industries, Inc. Announces Extraordinary Charge
Supreme Industries, Inc. announced that it plans to close its Honduran hardwood flooring manufacturing facility primarily as a result of significant damage to the Honduran infrastructure caused by Hurricane Mitch. ... Continue reading
Textron Forms Joint Venture With Taiwan's Leading Fastener Maker
Textron Inc. announced it has formed a joint venture with Taiwan-based San Shing Hardware Works Company, Ltd, Taiwan's largest fastener maker and one of the world's largest manufacturers of internally threaded nuts. ... Continue reading
Toyota's New-Concept in Affordable Transportation
The new-concept in affordable transportation that Toyota will debut at the North American International Auto Show in Detroit will be the first Toyota brand vehicle to offer variable-valve timing (VVT-i) cylinder head technology. ... Continue reading
Toyota Racing Development (TRD) officials are awaiting approval from NASCAR on the acceptability of the Japanese firm's new multi-valve V6 to be used in NASCAR's Goody's Dash Series. ... Continue reading
TRW Appoints Darryl M. Fraser to Senior Communications Post
Darryl M. Fraser has been appointed director, Communications for TRW's Systems & Information Technology Group based in Fairfax, Va. ... Continue reading
USAC: Elliott, Drake Complete Texas IRL Tests, Newman Fastest Before the Rain
USAC: Elliott, Drake Complete Texas IRL Tests, Newman Fastest Before the Rain ... Continue reading
USAC: Leffler Makes it One More for 1998
USAC: Leffler Makes it One More for 1998 ... Continue reading
USRRC: Test Days Schedule for Daytona
USRRC: Test Days Schedule for Daytona ... Continue reading
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