AirTouch to Offer Aeris MicroBurst for Short-Burst Data Applications
Aeris Communications announced that AirTouch Cellular will deploy MicroBurst(TM) technology for short-burst data applications in its Portland, Eugene and Salem, Oregon markets. ... Continue reading
AK Steel announced that it has priced its new $450 million issue of ten-year senior notes. The notes, which have a coupon of 7.875%, are being offered at99.623%. ... Continue reading
AlliedSignal Names James V. Gelly Vice President And Treasurer
AlliedSignal Inc. announced that James V. Gelly has been elected corporate Vice President and Treasurer. ... Continue reading
Alternative Fuel Systems in Cooperation With Hydro Quebec and Kraus
Alternative Fuel Systems Inc.'s (AFS) vice president, Ed Mirosh, signed an agreement on Feb. 3, 1999, in Beijing, People's Republic of China (PRC), with Lin Duo, deputy director of the Beijing Municipal Administration Commission (BMAC). ... Continue reading
AMA US Supercross Series Results from Anaheim (2/6/99)
OFFICIAL RESULTS, TOYOTA TRUCK PRESENTS THE 1999 THOR/PARTS UNLIMITED AMA U.S. SUPERCROSS SERIES 250cc SUPERCROSS, ROUND 5 OF 16 from EDISON INTERNATIONAL FIELD, ANAHEIM, CALIFORNIA - FEBRUARY 6, 1999 ... Continue reading
APCO Announces Administration Agreement With Thrifty Car Sales
Automobile Protection Corporation announced that it has entered into a 2-year exclusive agreement with Thrifty Car Sales to administer limited warranties and extended service contracts for the Thrifty Certified used vehicle program. ... Continue reading
Arvin 'BBB' Senior Debt Affirmed by Fitch IBCA on Purolator Acquisition
Arvin Industries, Inc.'s (Arvin) outstanding senior debt and capital securities are affirmed at 'BBB' and 'BBB-', respectively, by Fitch IBCA. ... Continue reading
Arvin to Acquire Purolator Automotive Filters for $276 Million
Arvin Industries, Inc. announced that it has reached an agreement to acquire the Purolator Products automotive filter business from Mark IV Industries, Inc. Purolator has sales of approximately $345 million. ... Continue reading
Automotive Performance Group Intent to Acquire Aftermarket of Loctite
Automotive Performance Group, Inc., a full service owner and operator of high performance automotive businesses and brands, announced that it has entered into a letter of intent to acquire the automotive aftermarket business of Loctite, Inc. ... Continue reading
Ballard Receives $2.1 Million Order from Honda for Fuel Cells
Ballard Power Systems announced that it has secured a $2.1 million contract from Honda R&D Co., Ltd., of Saitama, Japan, a subsidiary of the Honda Motor Company, to supply Ballard Fuel Cells, related equipment and support services. ... Continue reading
Bar Code System Transforms Parts Departments
The Dealer Services Group of ADP(R), Inc. introduced PartScan (tm), a flexible bar code scanning and printing system designed to increase parts department productivity and improve inventory accuracy. ... Continue reading
BAT Electrobike Announces Grand Opening in LA
BAT International's subsidiary, Electrobike http://www.ride1.com, will be having a grand opening of its new showroom and headquarters on February 26,l999. ... Continue reading
Brake Headquarters USA Will Offer Customers Direct Access to Parts
Brake Headquarters USA, Inc. announced that it will offer wholesale customers the convenience of purchasing components and other related products directly over the Internet for sale to consumers. ... Continue reading
CART: Arciero-Wells / CART Spring Training Notes
CART: Arciero-Wells / CART Spring Training Notes ... Continue reading
Chrome Data's Business-to-Business Digital Automotive Network
Chrome Data Corporation, a leading provider of data and information tools for the automotive industry, introduced its business-to-business, members-only digital automotive network. ... Continue reading
Class Action Lawsuit Against Turbodyne Technologies, Inc. Filed
Throughout the time Turbodyne traded on both the Vancouver exchange and Nasdaq, defendants issued a series of public statements portraying Turbodyne as a booming company which was would continue to experience rapidly rising sales and profits. ... Continue reading
Commonwealth of Pennsylvania to Auction Vehicles Feb. 25
Department of General Services (DGS) Secretary Gary E. Crowell announced the state will auction 210 used state vehicles at 10 a.m. Thursday, Feb. 25, in the Commonwealth Garage at 2221 Forster St., Harrisburg. ... Continue reading
Computer Ass and McLaren Renew Technology Partnership
Computer Associates International, Inc. (CA) and the West McLaren Mercedes Formula One Team, which used CA's Unicenter TNG technology in the 1998 Formula 1 World Championship, extended their unique technology partnership. ... Continue reading
DaimlerChrysler Appoints Jacobs Vice President, Latin America
DaimlerChrysler has announced the appointment of Mykle Jacobs as Vice President - Latin American Region. ... Continue reading
DaimlerChrysler Presents Leggette, Brashears & Graham with Award
DaimlerChrysler recognized its supply partner Leggette, Brashears & Graham Inc. with an environmental award for its leadership in the innovative cleanup of chlorinated solvents on a one-acre site near the Bark River in Hartland, Wisconsin. ... Continue reading
DaimlerChrysler Sales Tool Connects Dealers, Customers to Factory Info
Car buyers who visit select Dodge, Chrysler, Jeep or Plymouth dealerships this spring can receive up-to the-minute pricing and product information for the car of their dreams with the help of a new selling tool developed by DaimlerChrysler. ... Continue reading
Dana Board Promotes Joseph Magliochetti to Chief Executive Officer
The Board of Directors of Dana Corporation announced the promotion of Joseph Magliochetti to the position of president and chief executive officer of the company, effective immediately. ... Continue reading
DCR Comments on 1998 Automobile Lease Transactions
Duff & Phelps Credit Rating Co. saw an increase in the volume of private securitizations backed by leases on automobiles and light trucks during 1998. DCR rated four transactions with a total dollar volume of approximately $713 million. ... Continue reading
DCR Ratings of Sub-prime Auto Loan Securitizations
During 1998, the number of sub-prime auto loan securitizations rated by Duff & Phelps Credit Rating Co. (DCR) was down slightly from the previous year in which eleven deals were rated. ... Continue reading
Detroit Diesel and Volvo Penta Agree to Conclude Collaboration
Detroit Diesel Corporation and Volvo Penta of the Americas, announced their agreement to conclude a four year collaboration which provided Detroit Diesel distribution rights for Compact and 6-16 liter inboard diesel engines and parts in N. America. ... Continue reading
Drag Racing Tonight ... Continue reading
Dr. Henrich Heitmann Appointed to BMW AG Board of Management
At the company's Supervisory Board meeting held Friday, February 5, BMW AG named Dr. Henrich Heitmann to its board of management. Heitmann will be responsible for the BMW group's worldwide sales. ... Continue reading
Experience Starting To Show With Park, DEI At Daytona
After racing in three superspeedway races in 1998, Park came to the high banks of Daytona International Speedway last week confident the year under his and his Dale Earnhardt Inc. crew's belt would pay dividends during the 1999 Speedweeks events. ... Continue reading
Fidelity Holdings Signs Contract to Acquire Universal Kia
Fidelity Holdings, Inc. announced that through its subsidiary Major Automotive, the Company signed a contract to acquire from Universal Ford, Inc., the Kia dealership d/b/a Universal Kia, based on Northern Boulevard in Long Island City, New York. ... Continue reading
Foamex Responds to Wall Street Journal Report Saying Co. for Sale
To correct an article in the Wall Street Journal which stated that Foamex International Inc. "is for sale," the Company reiterated that its Board had indicated in a press release that it will continue to explore the Company's alternatives. ... Continue reading
Ford Announces Expanded Community Outreach Program
Beginning this year, Ford Motor Company salaried employees will have an opportunity to participate in Ford ACTS -- a worldwide volunteer program designed to support the company's corporate citizenship efforts. ... Continue reading
Ford Worldwide Diagnostic System Takes Service to the Future
Ford Motor Company continues its quest to achieve superior customer satisfaction and owner loyalty with the introduction of a new global vehicle diagnostic tool -- the Worldwide Diagnostic System -- unveiled at the annual NADA convention. ... Continue reading
Gerhart Leads The Way To ARCA Firstplus Financial 200 Victory
For Bobby Gerhart, the trip home to Lebanon, PA will be a short one. After winning the ARCA BONDO/MAR-HYDE SERIES FirstPlus Financial 200 at Daytona Beach, FL. Gearhart did not give that wonderful phrase about "Going to Disneyworld." Nope, this ARCA veteran was heading home to prepare for the next race. To win Daytona ... Continue reading
IPSCO Inc. Announces Cash Dividend
IPSCO Inc. announced a cash dividend on its common shares of $0.125 (Canadian) per share payable March 31, 1999 to shareholders of record as at March 10, 1999. ... Continue reading
Loctite Announces Letter of Intent With Automotive Performance Group
Loctite announced that it has signed a letter of intent with Automotive Performance Group, Inc. to sell its Automotive Aftermarket business. ... Continue reading
Manheim Auctions Adds Post-Sale Vehicle Inspections
Manheim Auctions announced at NADA a new service within the Manheim Certified Program aimed at simplifying the post-sale process for dealers. ... Continue reading
Manheim Auctions Invests More than $50 Million in Technology
Manheim Auctions Inc., the world's largest operator of wholesale automotive auctions, announced during a press conference at NADA it invested more than $50 million in 1998 to help dealers succeed online. ... Continue reading
Manheim Auctions Makes First Move Into Continental Europe
Manheim Auctions, Inc. announced at NADA their expansion onto the Continent from its European base in the UK with the acquisition last week of a French group, Societe d'Expertise Agenaise (SEA). ... Continue reading
Mark IV Announces Agreement to Sell its Automotive Filter Business
Mark IV Industries, Inc. announced that it has agreed to sell its Purolator automotive filter business for $276 million, to Arvin Industries, Inc. ... Continue reading
Mercedes-Benz to End Relationship With Lowe & Partners/SMS
Mercedes-Benz of North America, Inc. announced that it will terminate its relationship with its advertising agency Lowe & Partners/SMS and the L&P/SMS affiliates Lowe Fox Pavlika and Diamond Promotion Group effective April 30, 1999. ... Continue reading
NASCAR BGN: First Sierra Financial Expands Sponsorship with Brewco Motorsports
NASCAR BGN: First Sierra Financial Expands Sponsorship with Brewco Motorsports ... Continue reading
NASCAR WCUP: DANA Kicks off '99 Sponsorship Program with Hamilton in the Bud Shootout
NASCAR WCUP: DANA Kicks off '99 Sponsorship Program with Hamilton in the Bud Shootout ... Continue reading
New Exhibits Depict Timken Company's First 100 Years
Fitting 100 of history into one display is not easy. But with the help of Downing Displays in Copley, Ohio, The Timken Company has created three large, walk-through displays for its Centennial commemoration that make company history come to life. ... Continue reading
NHRA: Jeg's Mail Order Racing Sunday Pit Notes
NHRA: Jeg's Mail Order Racing Sunday Pit Notes ... Continue reading
NHRA: Rain Forces NHRA Winternationals to Run on Monday
NHRA: Rain Forces NHRA Winternationals to Run on Monday ... Continue reading
NHTSA Publishes List of December Recalls
The National Highway Traffic Safety Administration (NHTSA) released a list of auto safety recalls announced in December and urged consumers to have the problems fixed promptly. ... Continue reading
Organizational Historian Chronicles The Timken Company's Past
As part of The Timken Company's Centennial commemoration, associates around the globe are receiving a detailed history book chronicling the company's first 100 years. ... Continue reading
Oxford Automotive, Inc. Appoints Chief Financial Officer
Oxford Automotive, Inc. announced the appointment of Aurelian Bukatko to the position of Senior Vice President and Chief Financial Officer of this Tier 1 OEM supplier. ... Continue reading
Part 1 of 2 - IPSCO Inc. Fourth Quarter 1998 Results
IPSCO Inc. announced that its fourth quarter 1998 after-tax earnings were $23.6 million, 38 percent lower than the last quarter a year earlier. ... Continue reading
PHLX to Begin Trading Three New Options
The Philadelphia Stock Exchange (PHLX) is pleased to announce that it will begin trading put and call options on Excelsior- Henderson Motorcycle Manufacturing Co. ... Continue reading
Polk, MaxIS Research Announce Agreement
Executives of The Polk Company and MaxIS Research, Inc. announced they have inked an agreement to combine efforts in providing high-quality used-vehicle inventory management information products. ... Continue reading
Productivity Technologies Corp. Announces Second Quarter Results
Productivity Technologies Corporation announced consolidated operating results for its second fiscal quarter and for the six months ended Dec. 31, 1998. ... Continue reading
Puroflow Announces Acquisition of Quality Control Cleaning
Puroflow Inc. announced that it has purchased 100 percent of Quality Control Cleaning, City of Commerce, Ca., a major provider of cleaning services of precision parts at precise specifications for numerous industries. ... Continue reading
QuestOne Addresses Looming Product Life-cycle Management Crisis
QuestOne, a company that evolved out of enterprise research programs at Lehigh University and the Iacocca Inst., announced its solution to the crisis in Product Life-cycle Management faced by logistically and financially complex organizations. ... Continue reading
Raytech Completes Certification of 100% of Manufacturing Facilities
Raytech Corporation announces that three more of its subsidiaries have achieved ISO certification. ... Continue reading
Restored 1904 St. Louis Car Becomes Symbol of 100 Years
On February 4, The Timken Company unveiled a restored 1904 St. Louis car, one of the oldest cars originally equipped with Timken(R) tapered roller bearings, to attendees of the company's Centennial Community Dinner in Canton. ... Continue reading
Safelite Glass Corp. Announces Quarter Ended January 2, 1999 Results
Safelite Glass Corp., a leader in the automotive glass replacement and repair industry, announced the results for its fiscal quarter ended January 2, 1999. ... Continue reading
Sequa Adds Thermo Wisconsin to MEGTEC Systems Unit
Sequa Corporation has acquired Thermo Wisconsin Inc., a unit of Thermo Fibertek, for approximately $13 million and will combine the operation with its MEGTEC Systems subsidiary. ... Continue reading
SI Technologies Receives $2.5 Million Order
SI Technologies, Inc. announced that its AeroGo subsidiary has received a contract from Caterpillar, Inc. for the design and manufacture of nine 100,000-pound capacity Transporters to be installed at Caterpillar's tractor manufacturing plant. ... Continue reading
The Timken Company Community Event Marks Start of Centennial
Local business, community and government leaders gathered to celebrate The Timken Company's local commemoration of its Centennial anniversary and near century-long relationship between The Timken Company and Stark County. ... Continue reading
Three DaimlerChrysler Vehicles Earn Kiplinger's Awards
Three DaimlerChrysler vehicles were awarded Kiplinger's Best Cars of 1999. Among this year's top scorers were the Chrysler LHS, Dodge Dakota Club Cab SLT, and Jeep(R) Grand Cherokee Limited. ... Continue reading
TRACKS: Bloomington Adds All Stars Circuit of Champions to '99 Lineup
TRACKS: Bloomington Adds All Stars Circuit of Champions to '99 Lineup ... Continue reading
TRW Announces Cash Tender Offer for LucasVarity plc
TRW Inc. announced that it has commenced a tender offer at 288 pence per share, or approximately $47.35 per American Depositary Share based on current exchange rates, in cash to acquire the entire issued share capital of LucasVarity plc. ... Continue reading
USAC: Coors Light Silver Bullet Series Race Results
USAC: Coors Light Silver Bullet Series Race Results ... Continue reading
USAC: MCI Worldcom National/Western States Midget Car Series Race Results
USAC: MCI Worldcom National/Western States Midget Car Series Race Results ... Continue reading
Year 2000 Wire/Reynolds and Reynolds Exterminates Customer Y2K Bugs
The Reynolds and Reynolds Company announced at the National Automobile Dealers Association (NADA) Annual Convention in San Francisco, that virtually every Reynolds customer is Y2K compliant. ... Continue reading
Year 2000 Wire/Reynolds Announces Unique Automotive Retailing Solution
The Reynolds and Reynolds Company's Document Management System is now available to all automotive retailers using Reynolds' ERA2 information management system. ... Continue reading
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