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July 1999

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Friday, July 9, 1999

10-Year-Old Freudenberg-NOK Grows Up Fast as a Benchmark in Lean Manufacturing

10-Year-Old Freudenberg-NOK Grows Up Fast as a Benchmark in Lean Manufacturing

Virtually unknown after it was formed just 10 years ago, Freudenberg-NOK -- which has established itself as a benchmark in lean systems, tripled its sales and has become an industry leader in innovative approaches. ... Continue reading

2000 Chicago Auto Show Floor Sells Out

2000 Chicago Auto Show Floor Sells Out

With the automotive industry on a record-setting pace for the year, manufacturers from around the world gathered in Chicago today to choose where they will market their vehicles at the 92nd Chicago Auto Show. ... Continue reading

AlliedSignal Re-positions Electronic Materials Business

AlliedSignal Re-positions Electronic Materials Business

In moves designed to re-position and strengthen its Electronic Materials business, AlliedSignal Inc. announced that it is selling its Laminate Systems business to RUTGERS AG and is purchasing Johnson Matthey Electronics. ... Continue reading

A. Schulman Inc. Declares Regular Cash Dividend

A. Schulman Inc. Declares Regular Cash Dividend

The Board of Directors of A. Schulman Inc. declared a regular cash dividend of $.125 per common share, payable August 5, 1999 to shareholders of record on July 27, 1999. ... Continue reading

A. Schulman Reports Third-Quarter 1999 Results

A. Schulman Reports Third-Quarter 1999 Results

A. Schulman Inc. announced that net income for the third fiscal quarter ended May 31, 1999 was $11,297,000 or $.36 per common share compared with $13,532,000 or $.38 per share for the same quarter last year. ... Continue reading

AutoNation, Inc. To Acquire Dealerships In Five States

AutoNation, Inc. To Acquire Dealerships In Five States

AutoNation, Inc. announced that it has signed definitive agreements to acquire 16 dealerships in a series of separate transactions that are expected to contribute approximately $1 billion of annualized revenue to AutoNation's operations. ... Continue reading

BancBoston Robertson Stephens Reiterates Buy Rating on GPI

BancBoston Robertson Stephens Reiterates Buy Rating on GPI

BancBoston Robertson Stephens senior automobile analyst Jordan Hymowitz reiterated his Buy rating on Group 1 Automotive . The company is the seventh-largest-dealership group in the United States. ... Continue reading

Best-Ever June Sales Reported by Toyota's Cincinnati Region

Best-Ever June Sales Reported by Toyota's Cincinnati Region

Toyota's Cincinnati Region posted best-ever June car sales of 7,760 vehicles, a two percent increase over June 1998 when sales totaled 6,732. ... Continue reading

Borg-Warner Automotive Turbo Systems Achieves QS-9000 Certification

Borg-Warner Automotive Turbo Systems Achieves QS-9000 Certification

Borg-Warner Turbo Systems' Asheville facility has received its ISO-9001 and QS-9000 certifications. This manufacturing location produces turbochargers and vibration dampers. ... Continue reading

Bullhide to Attend Polyurethanes Exposition `99

Bullhide to Attend Polyurethanes Exposition `99

The Bullhide Liner Corporation announced that it plans to display its Bullhide/Quarra 2000 products at the annual Polyurethanes Exposition held in Orlando in mid-September 1999. ... Continue reading

CART: FedEx Championship Series Leader Montoya Positioned to Tie Mansell's Rookie Mark at Elkhart Lake

CART: FedEx Championship Series Leader Montoya Positioned to Tie Mansell's Rookie Mark at Elkhart Lake

CART: FedEx Championship Series Leader Montoya Positioned to Tie Mansell's Rookie Mark at Elkhart Lake ... Continue reading

Cascade Corp. Acquires the Forged Fork Division of Erectoweld Co. Ltd.

Cascade Corp. Acquires the Forged Fork Division of Erectoweld Co. Ltd.

Robert C. Warren, Jr., president and chief executive officer of Cascade Corporation, announced the asset purchase of the Forged Forks Division of Erectoweld Company Limited, based in Oakville, Ontario. ... Continue reading

CASCAR Returns to Mosport Speedway for CDS Tech 200

CASCAR Returns to Mosport Speedway for CDS Tech 200

CASCAR Castrol Super Series East - CDS Tech 200 - pre-event release ... Continue reading

CORR: 1999 CORR Exxon Superflo Pro Series Schedule

CORR: 1999 CORR Exxon Superflo Pro Series Schedule

CORR: 1999 CORR Exxon Superflo Pro Series Schedule ... Continue reading

CORR: Frontier Truck a Favorite for Road Racing Championship

CORR: Frontier Truck a Favorite for Road Racing Championship

CORR: Frontier Truck a Favorite for Road Racing Championship ... Continue reading

DaimlerChrysler Reports Assembly Plant Schedule for Week of July 12, 1999

DaimlerChrysler Reports Assembly Plant Schedule for Week of July 12, 1999

DaimlerChrysler Corporation reports four of its nine U.S. assembly plants and none of its three Canadian assembly plants will operate the week of July 12, 1999. ... Continue reading

DaimlerChrysler to Sell 32.4 Percent of debitel to Swisscom

DaimlerChrysler to Sell 32.4 Percent of debitel to Swisscom

DaimlerChrysler plans to sell 32.4 percent of its holding in the telecommunications company debitel AG to Swisscom AG, Bern (Switzerland) and will continue to hold the remaining 10% of debitel for a limited period oftime. ... Continue reading

Dega Technology to Enhance PASSPORT Standards

Dega Technology to Enhance PASSPORT Standards

Dega Technology, Inc. announced that it has gained membership in the Enterprise Alliance, a growing group of partnered companies providing open computer-based standards, named PASSPORT, to the automotive service industry. ... Continue reading

Driving Costs Up .5 Cent in Second Quarter, AAA Says

Driving Costs Up .5 Cent in Second Quarter, AAA Says

Higher second-quarter gas prices have pushed up the cost of owning and operating a new car by .5 cent in the second quarter, according to AAA. ... Continue reading

Ducati Motor is Not in Talks with Harley Davidson

Ducati Motor is Not in Talks with Harley Davidson

Ducati Motor Holding SpA, Chairman and CEO declared: "Neither Ducati nor its principal shareholder TPG have had any contacts with Harley Davidson concerning a possible acquisition of an interest in Ducati." ... Continue reading

Ford Credit Joins IHA to Offer Customers an Easier Way to Buy Auto Insurance

Ford Credit Joins IHA to Offer Customers an Easier Way to Buy Auto Insurance

Ford Credit has made an equity investment in Insurance Holdings of America, Inc. ... Continue reading

Ford Declares Third-Quarter Dividends

Ford Declares Third-Quarter Dividends

The Board of Directors of Ford Motor Company declared a third- quarter dividend of 46 cents a share on the company's Class B and common stock. ... Continue reading

FORMULA ONE: Ferrari Hopes to Reverse Recent Title-Fight Trend at Silverstone

FORMULA ONE: Ferrari Hopes to Reverse Recent Title-Fight Trend at Silverstone

FORMULA ONE: Ferrari Hopes to Reverse Recent Title-Fight Trend at Silverstone ... Continue reading

Free Upgrade and Discount Offers Extended by Auto Europe

Free Upgrade and Discount Offers Extended by Auto Europe

Auto Europe has extended for one month their guaranteed free one-class car upgrade and 5-10% discount for rentals booked by July 31 for pick-up through December 31, 1999. ... Continue reading

GenCorp Board Declares Dividend

GenCorp Board Declares Dividend

GenCorp Inc. declared a quarterly cash dividend of $0.15 per share on the issued and outstanding $0.10 par value common stock of the company payable August 31, 1999 to shareholders of record on August 2, 1999. ... Continue reading

IRL: Iron Man Davey Hamilton to make 30th League Start at Atlanta

IRL: Iron Man Davey Hamilton to make 30th League Start at Atlanta

IRL: Iron Man Davey Hamilton to make 30th League Start at Atlanta ... Continue reading

IRL: Kelly Racing Founders Show Plenty of Heart for the Needy

IRL: Kelly Racing Founders Show Plenty of Heart for the Needy

IRL: Kelly Racing Founders Show Plenty of Heart for the Needy ... Continue reading

Land Rover North America to Open Second Driving School

Land Rover North America to Open Second Driving School

Land Rover North America, Inc., announces the formation of the second Land Rover Driving School in North America. ... Continue reading

LucasVarity Automotive to Build New Plant in Mexico

LucasVarity Automotive to Build New Plant in Mexico

LucasVarity Automotive conducted "laying of the first stone" ceremonies for a new $8 million, 157,000 sq. ft. manufacturing facility. ... Continue reading

NASCAR WCUP: Crew Chief Club at the Jiffy Lube 300

NASCAR WCUP: Crew Chief Club at the Jiffy Lube 300

NASCAR WCUP: Crew Chief Club at the Jiffy Lube 300 ... Continue reading

Parker Hannifin Declares Cash Dividend

Parker Hannifin Declares Cash Dividend

The Board of Directors of Parker Hannifin Corporation declared a regular quarterly cash dividend of $0.17 per share of common stock payable September 3, 1999, to shareholders of record as of August 24. ... Continue reading

Pikes Peak: Hill Climb Drivers say Peak Lives up to its Legend in '99

Pikes Peak: Hill Climb Drivers say Peak Lives up to its Legend in '99

Wrap-up story, official results from '99 Pikes Peak International Hill Climb ... Continue reading

PIKES PEAK: Nissan Skyline Victorious at Pikes Peak Hill Climb

PIKES PEAK: Nissan Skyline Victorious at Pikes Peak Hill Climb

PIKES PEAK: Nissan Skyline Victorious at Pikes Peak Hill Climb ... Continue reading

Raceline

Raceline

The Auto Channel--Raceline ... Continue reading

Release of Guide Providing Sound Engineering Guidelines

Release of Guide Providing Sound Engineering Guidelines

NEMA, the National Electrical Manufacturers Association, in cooperation with Global Engineering Documents announces the release of NEMA's Guide to Preparing a Design Proposal for Paralleling Customer Generation with an Electric Utility. ... Continue reading

Road Whiz Makes Triumphant Return to QVC In November

Road Whiz Makes Triumphant Return to QVC In November

Ultradata Systems announced that its Ultra Road Whiz hand-held unit, a new advancement in the Road Whiz technology, will be a special promotion on QVC in November. ... Continue reading

SCCA: Trans Am Series head to Trois-Rivieres

SCCA: Trans Am Series head to Trois-Rivieres

SCCA: Trans Am Series head to Trois-Rivieres ... Continue reading

Sears, Roebuck Introduces Tire Engineered To Last 100,000 Miles    

Sears, Roebuck Introduces Tire Engineered To Last 100,000 Miles    

Sears, Roebuck and Co. has introduced the RoadHandler Voyager LX, a premium touring radial tire for passenger cars and minivans engineered to last 100,000 miles. ... Continue reading

Spatial Inc. Reports Q2 Financial Results Will be Impacted by Delays

Spatial Inc. Reports Q2 Financial Results Will be Impacted by Delays

Spatial Inc. announced that delays in the receipt of several large orders will cause the Company to fall short of analysts' consensus financial estimates for the second quarter of fiscal 1999. ... Continue reading

SUPERBIKES: Battle for the High Ground at Mid-Ohio

SUPERBIKES: Battle for the High Ground at Mid-Ohio

MBNA SUPERBIKE PRESENTED BY PARTS UNLIMITED: BATTLE FOR THE HIGH GROUND AT MID-OHIO HONDA SUPER CYCLE WEEKEND ... Continue reading

SUPERBIKES: Las Vegas Round Removed from Schedule

SUPERBIKES: Las Vegas Round Removed from Schedule

LAS VEGAS ROUND OF MBNA SUPERBIKE TOUR PRESENTED BY PARTS UNLIMITED REMOVED FROM 1999 SCHEDULE ... Continue reading

Team Chicago Challenge

Team Chicago Challenge

The Auto Channel--Team Chicago Challenge ... Continue reading

Team Chicago Challenge

Team Chicago Challenge

The Auto Channel--Team Chicago Challenge ... Continue reading

The Cobalt Group Commences Public Offering of 4,500,000 Shares

The Cobalt Group Commences Public Offering of 4,500,000 Shares

The Cobalt Group, Inc. announced that it has filed an amendment to its Registration Statement on Form S-1 with respect to a proposed public offering of 4,500,000 shares of The Cobalt Group common stock. ... Continue reading

Toyota Announces $1 Million Program for Los Angeles Youths

Toyota Announces $1 Million Program for Los Angeles Youths

Toyota Motor Sales, U.S.A., Inc. announced a commitment of up to $1 million dollars in funding for the new Toyota Ready for Work Program (TRWP) in support of President Clinton's Youth Opportunity Movement. ... Continue reading

TransTechnology's Brazilian Unit Earns ISO 14001 Environmental Certification

TransTechnology's Brazilian Unit Earns ISO 14001 Environmental Certification

TransTechnology Corporation announced that its TransTechnology Brasil Ltda. subsidiary in Sao Paulo, Brasil, has been awarded ISO 14001 by an independent registration body. ... Continue reading

TRW Launches Worldwide Industrial Engineering Consulting Practice

TRW Launches Worldwide Industrial Engineering Consulting Practice

TRW Integrated Supply Chain Solutions (ISCS), a premier global systems integrator, announced it has formed a new worldwide industrial engineering practice to provide consulting services to the manufacturing industry. ... Continue reading

UNIDYNE Announces New Credit Agreement

UNIDYNE Announces New Credit Agreement

UNIDYNE Corporation announced that it has received credit committee approval for up to $10 million for working capital and acquisitions. ... Continue reading

USAC: Midget Car Special Event Race Results, 16th Street Speedway

USAC: Midget Car Special Event Race Results, 16th Street Speedway

USAC: Midget Car Special Event Race Results, 16th Street Speedway ... Continue reading

USAC/NASCAR: Tony Hunt Teams Up with Cotter Group For Sponsorship Search

USAC/NASCAR: Tony Hunt Teams Up with Cotter Group For Sponsorship Search

Tony Hunt Teams Up with Cotter Group For Sponsorship Search ... Continue reading

USAC: Summer Sizzle Race Results, 16th Street Speedway

USAC: Summer Sizzle Race Results, 16th Street Speedway

USAC: Summer Sizzle Race Results, 16th Street Speedway ... Continue reading

Ward's Reports Estimated Production

Ward's Reports Estimated Production

Vehicle production this week in the U.S., Canada and Mexico is expected to hit an estimated 100,606 units, down from the 304,087 cars and trucks built a week ago, according to Ward's Automotive Reports. ... Continue reading

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