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aftermarket News Issue: Tuesday, February 23, 2010
Federal-Mogul Reports Strong Fourth Quarter 2009 Net Income and Record Cash Flow
Company reports third consecutive quarter of increased earnings and significant cash flow.
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Dorman Products Reports Sales and Earnings for the Fourth Quarter, Year Ended Dec. 26, 2009
Revenues for the three months increased 20 percent over the prior year to $96.7 million from $80.7 million last year.
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Delphi Launches 2010 'Destination: Victory Lane' Technician Promotion
This year's winner's circle includes more grand prizes, bigger weekly prizes, including 25 Plasma TVs, and cool instant prizes of Delphi merchandise and gift cards.
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Sidney Del Gaudio Named New President and CEO of Melling do Brasil
Del Gaudio will be responsible for coordinating all company activities in the South America region focused on growth and increasing product portfolio, as well as diversifying the customer base and market segments.
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Bosch Produces 100 Millionth Hot-Film Air-Mass Meter for Clean Combustion in Gasoline and Diesel Engines
The success story of the hot-film air-mass meter began in the 1970s with the first air-flow sensor, which worked according to the dynamic-pressure principle. In the 1980s, the hot wire air-mass meter was the first to measure air mass using thermal me......
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Pep Boys Announces 'Open to Buy' Days for New Products
The company invites both current and new merchandise suppliers to its headquarters to present any innovative, hot products for on-the-spot buying consideration.
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WIX Filters Sets Product Development Record in 2009
WIX pushed 414 new products to market in past year.
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Keltner Distribution Introduces New Look to Sales Catalog
The publication is mailed every six weeks and features the company's latest seasonal sales items and special promotions.
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Wulf Gaertner Auto Parts Relaunches Meyle Web Site
Company adds content and advanced search function in this user-friendly Web site makeover.
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ArvinMeritor Announces Offering of Common Stock, Senior Unsecured Notes
ArvinMeritor intends to use the net proceeds from the stock offering to repay amounts outstanding under its revolving secured credit facility and its U.S. accounts receivable securitization program and for general corporate purposes. Net proceeds fro......
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Cummins Inc. Agrees to Pay $2.1 Million Penalty for Diesel Engine Clean Air Act Violations
The settlement requires Cummins to recall approximately 405 engines that were found to have reached the ultimate consumers without the correct exhaust after-treatment devices (ATDs) in order to install the correct ATDs.
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