Mustang was introduced 35 years ago at the New York World's Fair. It proved to be a vehicle that changed the course of the American auto industry – transportation with the attributes of a sports car, yet with a simple design and value for the money.
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Photo: Ford

The commemorative stamp is just the latest specialty item marking the success of Mustang. Memorabilia available for the 35th-anniversary year include a 35-piece trading card set; press sheets featuring the trading cards; a poster depicting the first Mustang and the 1999 version; a Mustang Edition Monopoly game; and Midtown Madness, an interactive CD-ROM game featuring the Mustang.

Mustang was among 15 stamps selected during public balloting for stamps to mark the 1960s. The others are man walks on the moon; Super Bowl I; the peace symbol; "I Have a Dream;" the Green Bay Packers; the Beatles; the Vietnam War; the Barbie doll; Roger Maris; the integrated circuit; lasers; Woodstock; Star Trek; and the Peace Corps. The Mustang commemorative stamp was illustrated, featuring a 1964 ½ red convertible, by Keith Birdsong of Muskogee, Okla. It will be dedicated along with the other 1960s stamps Sept. 17 in Green Bay, Wis., and will be available at post offices nationwide.

The Kenosha program continues DaimlerChrysler's recent efforts to modernize its powertrain operations in North America. Last year, the Corporation opened a new $1.1 billion transmission facility in Kokomo, Ind., and a new $930 million V-8 engine plant on Mack Avenue in Detroit.

In addition, DaimlerChrysler is currently building a new $750 million V-6 engine plant next to the V-8 facility, and recently committed $261 million to upgrade its Trenton, Mich., engine plant. "The technological advancements, process improvements and infrastructure upgrades represent our continuing efforts to improve the quality and cost-competitiveness of our powertrain operations," said Richard O. Schaum, Senior Vice President -- Powertrain Operations, DaimlerChrysler Corporation. "It also reaffirms our formula for success in North America – by reinvesting in our existing facilities and the communities where we do business."

During the 1990s, DaimlerChrysler has added more than 14,000 UAW-represented hourly workers to its payroll, a 25-percent increase to over 69,000 in the United States. The Kenosha Engine Plant currently produces 2.5-liter I-4 and 4.0-liter I-6 rear-wheel-drive and 2.7-liter V-6 front-wheel-drive engines. The 1.3 million square-foot facility currently employs approximately 2,000 workers.

New shares may be subscribed for by Scania's shareholders during the period from October 4 through November 4, 1999. However, the Board of Directors shall be entitled to extend the subscription period. A prospectus for Scania's shareholders describing Volvo's public offer to acquire Scania is intended to be released on September 28. Volvo's public offer to Scania's shareholders is not being made, directly or indirectly, in or into, and will not be permitted to be accepted in or from the United States.

An extraordinary shareholders' meeting of AB Volvo will be held Wednesday, September 29, 1999. On or about September 15, 1999, shareholders of Volvo who are directly registered with VPC will be sent an information brochure regarding the acquisition of Scania.

Volvo's nominating committee has decided to propose to the extraordinary shareholders' meeting that Marcus Wallenberg be elected a new member of Volvo's Board of Directors. The resolution regarding the election of Marcus Wallenberg as a member of the Board of Directors will be effective when the transaction between Investor and Volvo has been accomplished.