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aftermarket News Issue: Friday, February 5, 2010
Remy International Forms New Business Unit Targeting EV/HEV Markets
Company names Kevin Quinn to lead the new unit, which will be called Remy Electric Motor Technologies.
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General Automotive Co. to Acquire High-Performance Parts Maker, S.P.E.C.
The transaction is expected to further position the company as an organization that capitalizes on both organic growth as well as growth through strategic acquisition.
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Continental Names New Communications Chief
The 49-year old comes to Continental from Metropolregion Rhein-Neckar GmbH, where he served as managing director. He succeeds Heimo Prokop, who left Continental at the end of 2009. In his new position, Gress will report directly to Executive Board Ch......
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SKF Retiree William 'Bill' Diggory Inducted into Heavy Duty Aftermarket Industry Hall of Fame
Before retiring in 2008, Diggory provided 29 years of service to the heavy duty aftermarket. Diggory served as chairman of the Heavy Duty Manufacturers Association from 2005 to 2006 and took a leadership role in the planning and promoting of Heavy Du......
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The Pulse: How Technicians Source Oil Filters
Brand holds a commanding lead over other factors technicians use to determine which oil filter they install.
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Toyota Provides Update on Prius Brake Issue; Accelerator Pedal Repair
While some media outlets have reported that Toyota is mulling over the idea of recalling several hundred thousand 2010 Priuses for the brake issue, the Washington Post said Toyota has denied this claim.
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Tenneco Offers Installers $25 for Every Pair of Monroe Quick-Strut Assemblies Sold
"Professional's Choice" promotion, available through March, rewards service dealers for using Monroe.
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NASTF Spring Meeting Scheduled for April 20
The meeting will be held in conjunction with the Equipment and Tool Institute's (ETI) ToolTech event.
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2009 Nissan Rogue Among the New Foreign-Nameplate Applications Added to Federal-Mogul's MOOG Chassis Parts Line
The MOOG product line has been expanded to include coverage of more than 400 other foreign-nameplate applications to help shops capture virtually any automotive chassis service opportunity.
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Lear Reports Fourth Quarter and Full Year 2009 Financial Results
Lear said recent financial restructuring has reduced total debt obligations, increased financial flexibility and strengthened the company's balance sheet
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BB&T Capital Markets: What to Expect from O'Reilly's West Coast Conversions
In this note, BB&T discusses the conversions and the differences that may result in less revenue drag than that seen with the initial Midwest CSK store conversions.
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