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June 1998

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Tuesday, June 9, 1998

Aluminum Brings Innovation to FutureCar Goals and Beyond

Aluminum Brings Innovation to FutureCar Goals and Beyond

Innovations in Aluminum -- a new automotive design and engineering award premiers tomorrow at the FutureCar Challenge. It will highlight innovation, feasibility, weight reduction capability, recyclability and craftsmanship in the creative uses of aluminum in the FutureCar Challenge ... Continue reading

AMA: National Motocross Sponsors & Promoters to Pay $700,000

AMA: National Motocross Sponsors & Promoters to Pay $700,000

AMA: National Motocross Sponsors & Promoters to Pay $700,000 ... Continue reading

American Honda, DOJ, EPA and CARB Settle Issue

American Honda, DOJ, EPA and CARB Settle Issue

American Honda Motor Co., Inc., has reached an agreement with the U.S. Department of Justice, the U.S Environmental Protection Agency and the California Air Resources Board to settle issues regarding compliance of certain Honda and Acura vehicles with On-Board Diagnostic Systems Stage II (OBDII) regulations. ... Continue reading

BargainNews.Com Relocates to New and Larger Facilities

BargainNews.Com Relocates to New and Larger Facilities

The Bargain News, L.L.C. announced today that the company has officially completed its relocation to their new facilities in the Trumbull Corporate Park. ... Continue reading

Brake Headquarters Announces Completion and Expansion

Brake Headquarters Announces Completion and Expansion

Brake Headquarters U.S.A., Inc. announced it had completed a private placement of $1.5 million of 8% Subordinated Convertible Debentures. ... Continue reading

Brazilian Racing News: Gomes Wins Rounds 6 and 7 of Brazilian Stock

Brazilian Racing News: Gomes Wins Rounds 6 and 7 of Brazilian Stock

Report from the 6th and 7th round of the Brazilian Stock Car Championship in Brasília, at the Nelson Piquet circuit. Paulo Gomes wins in A class. Results and Standings. ... Continue reading

Collins & Aikman Announces Increase In Stock Repurchase Program

Collins & Aikman Announces Increase In Stock Repurchase Program

Collins & Aikman Corporation announced that the Executive Committee of its Board of Directors has approved an increase in the Company's stock repurchase program. ... Continue reading

Dana Corporation, Mack Trucks Announce Long-Term Axle Agreement

Dana Corporation, Mack Trucks Announce Long-Term Axle Agreement

Dana Corporation and Mack Trucks, Inc., jointly announced along- term supplier agreement. ... Continue reading

Dana Introduces `One Page' Format with Victor Reinz(R) Gasket Catalog

Dana Introduces `One Page' Format with Victor Reinz(R) Gasket Catalog

Dana Corporation has released the 1998 Victor Reinz(R) Master Gasket Catalog (MG-300-98), and has introduced a new "one page" format with it. ... Continue reading

Donnelly Corporation Hires Vice President of Engineering

Donnelly Corporation Hires Vice President of Engineering

Mark A. Stidham has joined Donnelly Corporation as vice pres of engineering for North American Automotive Operations, the company announced today. Stidham, 41, comes to Donnelly with over 16 years experience in automotive engineering. ... Continue reading

Effects of GM Strike

Effects of GM Strike

A strike at a stamping factory has affected five General Motors Corp. assembly plants and 13,100 workers and is expected to spread unless a settlement is reached soon. Talks are scheduled to resume today. ... Continue reading

Endurance Racing: Petit Le Mans Update

Endurance Racing: Petit Le Mans Update

Endurance Racing: Petit Le Mans Update ... Continue reading

Fleetwood Announces Dividend Increase

Fleetwood Announces Dividend Increase

The directors of Fleetwood Enterprises, Inc. today announced an increase in the Company's regular quarterly cash dividend to 18 cents per share of Common stock, a six percent increase from the previous rate of 17 cents per share. ... Continue reading

Freudenberg-NOK, International Seal Co. to Merge O-Ring Businesses

Freudenberg-NOK, International Seal Co. to Merge O-Ring Businesses

In a move to better serve the American markets and round out global supply capabilities, Freudenberg-NOK and International Seal Co., Inc. today announced that the two companies have reached an agreement to merge their respective O-ring businesses. ... Continue reading

Henry Timken to be Inducted into The National Inventors Hall of Fame

Henry Timken to be Inducted into The National Inventors Hall of Fame

Henry Timken (1831-1909), inventor of the Timken(R) tapered roller bearing and founder of The Timken Company, will join the ranks of other historic inventors when he is inducted into the National Inventors Hall of Fame. ... Continue reading

Insilco Corp. and DLJ Merchant Banking Revise Merger Agreement

Insilco Corp. and DLJ Merchant Banking Revise Merger Agreement

Insilco Corpo reported that an affiliate of DLJ Merchant Banking Partners II, L.P. has agreed to increase from $44.50 to $45.00 per share the consideration to be paid in connection with the pending merger of Insilco and an affiliate of DLJ Merchant Banking. ... Continue reading

IRL: Pep Boys Indy Racing League Weekly Notebook

IRL: Pep Boys Indy Racing League Weekly Notebook

IRL: Pep Boys Indy Racing League Weekly Notebook ... Continue reading

Lear Corporation to Build Seats in Russia

Lear Corporation to Build Seats in Russia

Lear Corporation has signed an agreement with Russian automotive producer Gaz to take over that company's seat production at its facilities in Nizhny Novgorod, Russia. ... Continue reading

Le Mans: Panoz GTR-1 Takes Seventh in 24 Hours of Le Mans

Le Mans: Panoz GTR-1 Takes Seventh in 24 Hours of Le Mans

Le Mans: Panoz GTR-1 Takes Seventh in 24 Hours of Le Mans ... Continue reading

Lonesome Ribbon of Highway is No Long Stretch for New Ford Propane Truck

Lonesome Ribbon of Highway is No Long Stretch for New Ford Propane Truck

States in the South and Midwest may be known for long stretches of highway and open spaces, but that won't be any problem for a new Ford pickup truck that can travel up to 700 miles between fill-ups. ... Continue reading

MascoTech and Union Reach an Agreement

MascoTech and Union Reach an Agreement

MascoTech Forming Technologies-Fraser, Michigan facility and UAW Labor Union Local 155 have reached an agreement for a new labor contract. ... Continue reading

NASCAR: A Four-Leaf Clover For DW At Michigan

NASCAR: A Four-Leaf Clover For DW At Michigan

NASCAR: A Four-Leaf Clover For DW At Michigan ... Continue reading

NASCAR-BGN: McLaughlin Loses Chance at Sixth Straight Top-Ten in Richmond

NASCAR-BGN: McLaughlin Loses Chance at Sixth Straight Top-Ten in Richmond

NASCAR-BGN: McLaughlin Loses Chance at Sixth Straight Top-Ten in Richmond ... Continue reading

NASCAR-BGN: Pikes Peak International Raceway Preview

NASCAR-BGN: Pikes Peak International Raceway Preview

NASCAR-BGN: Pikes Peak International Raceway Preview ... Continue reading

NASCAR Trucks: Never Been There, Never Done That

NASCAR Trucks: Never Been There, Never Done That

NASCAR Trucks: Never Been There, Never Done That. Randy Tolsma Feature Story ... Continue reading

National-Standard Announces Additional QS-9000 Registrations

National-Standard Announces Additional QS-9000 Registrations

National-Standard Co is pleased to announce the registration of two additional facilities to QS-9000 / IS09002. The Company's wire drawing facility and air bag filtration and wire cloth manufacturing facility recently achieved registration. ... Continue reading

NHRA: Warren Report: Columbus

NHRA: Warren Report: Columbus

NHRA: Warren Report: Columbus ... Continue reading

Oakes Appointed Regional Communications Manager

Oakes Appointed Regional Communications Manager

Mercedes-Benz of North America, Inc. (MBNA), today announced the appointment of Ellen Oakes to regional communications manager for MBNA's Jacksonville (FL) Region, effective June 15. ... Continue reading

OEA Announces New President and Vice President

OEA Announces New President and Vice President

OEA, Inc.announced today that two key executives have joined the Company in the automotive division. ... Continue reading

Open Letter from Dr. Grease to Sports Car Racers of the 1950s and 1960s

Open Letter from Dr. Grease to Sports Car Racers of the 1950s and 1960s

Now that the seventh running of the Buchanan Field (Concord) historical reunion sports car race is locked in, it's time for us old-fart racers to get together again. 50-some odd '50s sports racers are entered. ... Continue reading

Outer Banks is the Site for Ford Truck Drive

Outer Banks is the Site for Ford Truck Drive

The test drivers were female automotive journalists from the Southeastern and South Central United States, and they reviewed a range of Ford trucks. ... Continue reading

Presidential Changes at Volvo Cars of North America

Presidential Changes at Volvo Cars of North America

Effective September 1, Helge Alten, president and CEO of Volvo Cars of North America, has been appointed managing director for Volvo Event Management UK. ... Continue reading

Tesma Announces Dividend Increase

Tesma Announces Dividend Increase

Tesma International Inc. reported that its Board of Directors declared, in addition to the dividend on the 6.5% Convertible Series Preferred Shares, an increased quarterly dividend in respect of the third quarter of fiscal 1998 of $0.07 per share on the Class A Subordinate Voting and Class B shares payable on July 15, ... Continue reading

Toyota Announces Details of CNG-Fueled Camry

Toyota Announces Details of CNG-Fueled Camry

Toyota Motor Sales, U.S.A (TMS), Inc., announced today that it will begin selling a limited number of compressed natural gas (CNG)-powered Camrys to fleet customers late this year. ... Continue reading

Toyota U.S. R & D Triples in Size

Toyota U.S. R & D Triples in Size

Toyota Technical Center, U.S.A., Inc. (TTC), celebrated the opening of its expanded R & D facilities at 1555 Woodridge, in the Ann Arbor Technology Park. ... Continue reading

TRW and Simula Agree to Integrate Simula Product

TRW and Simula Agree to Integrate Simula Product

TRW and Simula announced that TRW Vehicle Safety Systems Inc. and Simula Automotive Safety Devices, Inc. have entered into an agreement to integrate Simula's inflatable tubular structure into TRW's productline for side impact protection systems. ... Continue reading

Turbodyne Technologies Inc. - Trading Price of the Company's Common Shares

Turbodyne Technologies Inc. - Trading Price of the Company's Common Shares

Turbodyne Technologies Inc. announced today that it knows of no reason for the sudden decline in the trading price of the Company's common shares. There has been no material change in the business or prospects of the Company. ... Continue reading

`Wheels' Online Automotive Solution in Arizona Soon to Launch

`Wheels' Online Automotive Solution in Arizona Soon to Launch

Arizona auto buyers searching for their dream cars won't have far to travel. They'll soon be able to scour thousands of vehicles at local dealer lots right from their computer screens. Banc One Credit Company, Navidec Inc., and Phoenix's ABC-15 are bringing the popular "Wheels" online automotive shopping solution to Ar ... Continue reading

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