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aftermarket News Issue: Thursday, January 21, 2010
Perfection Enters Growing Mexican Clutch Market, Establishes Perfection De Mexico
The LODI brand is well-known and sold throughout Mexico and abroad and now the LODI clutch brand will be co-branded with the Perfection clutch brand.
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PPG Reports Fourth Quarter 2009 Financial Results
Company says improved earnings were driven by gradual demand improvement, reduced costs stemming from restructuring and cost-reduction actions.
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Koyo Corp. of USA Sees Benefits from JTEKT Acquisition
The formation of Koyo Bearings USA was one of numerous benefits that came as a result of parent company JTEKT's recent acquisition of the Torrington Needle Roller Bearing business from The Timken Co.
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Remy International to Supply HVH Electric Motors for 2010 Mercedes-Benz ML450 Hybrid
The ML450 Hybrid, using Remy HVH electric motor technology, works together with a 3.5-liter V6 engine to attain improved fuel efficiency over comparably powered sports utility vehicles -- or when needed, providing the acceleration of a powerful V8.
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Herman Trend Alert: European Expectations are Mixed
Most Europeans agree (between 54 percent and 75 percent) that over the next 10 years the government will do less for them and their families financially than it has in the past decade.
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ArvinMeritor Named 2009 Heavy Duty Remanufacturer of the Year by APRA
The award recognizes the company's efforts to expand its portfolio of remanufactured products, grow revenue, streamline its production and distribution systems, and develop innovative processes like PlatinumShield, a unique coating developed by Arvin......
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Green Earth Technologies Awarded GSA Contract Through Ed Maxwell Sales Inc.
Under the award, Green Earth Technologies' G-OIL 5W-30 bio-based motor oil will be featured in the GSA catalog, allowing federal customers the opportunity to purchase a greener option.
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Oshkosh Corp. Given Funds to Research Stronger but Lighter Metals
The goal of this project is to produce lighter weight metal castings of aluminum and magnesium that will have the strength of cast steel for commercial-scale production.
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Kumho Debt Workout Deal Coming in February
Creditors have selected PricewaterhouseCoopers Korea and Deloitte Anjin LLC to conduct due diligence on the plan, reports said.
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Japanese Clunker Program Includes U.S.-Imported Cars
Members of the New Democrat Coalition, a congressional caucus that supports policies to expand economic growth, wrote a letter to Japan's U.S. ambassador, Ichiro Fujisaki, urging Japan to include foreign imports.
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WTO Tariff Investigation Begins
WTO arbitrators will evaluate whether the U.S. tariffs violate rules governing trade among the WTO's 153 members.
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