aftermarket News Issue: Friday, February 26, 2010

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Motor Vehicle Parts Manufacturers Testify on Need for Greater Access to Credit Motor vehicle parts manufacturers are the nation's largest manufacturing sector. Over the past three years, MEMA estimates that the country has lost more than 100,000 supplier jobs; while the Bureau of Labor Statistics estimates that automotive suppl...... More...

Visteon Announces Fourth Quarter and Full-Year 2009 Results; Reports Net Income For the fourth quarter of 2009, Visteon reported net income of $276 million, or $2.12 per share, on sales of $2.03 billion. More...

LKQ Achieves Record Results for 2009 Company says fourth quarter revenue increased 20 percent to $556 million. More...

Superior Industries Reports 2009 Fourth Quarter and Annual Results Company achieves improved gross profit and income from operations. More...

UPDATED: Lear Added to List of Auto Parts Suppliers Being Investigated for Possible Collusion Late yesterday, Southfield, Mich.-based Lear Corp. announced that it was notified by the EU that it is part of an investigation into anticompetitive practices among automotive electrical and electronic component suppliers. More...

The Pulse: Shop Equipment Purchase Intentions at Independent Repair Shops In this installment of "The Pulse," we take a closer look at data from IMR Inc. showing shop equipment purchase intentions at independent repair shops for the years 2008 and 2009. More...

O'Reilly Automotive Nominates Thomas Hendrickson to Board of Directors Hendrickson will be included on the company's 2010 Proxy Statement as a class II director candidate for the board to be elected for a three-year term at the company's next annual meeting of shareholders. More...

Bendix Announces 'The Passion That Drives You' Scholarship Winners Eight individuals will each receive a $2,500 scholarship. More...

ArvinMeritor Announces Pricing and Increased Size of Common Stock Offering ArvinMeritor has granted the underwriters an over-allotment option to purchase up to 2.6 million additional shares of its common stock. More...

Valvoline and Cummins Filtration Form Alliance to Market Air Shield Diesel Exhaust Fluid (DEF) Fleetguard-Valvoline Air Shield DEF will be offered through the Cummins and Valvoline distribution channels in the United States and Canada beginning in April 2010. More...

CustomerLink Celebrates 10 Years in Business In June 2009, the company expanded its business to Canada and in October 2009, CustomerLink introduced Shop Marketing Research Technology (smrt) -- consumer demographics-based intelligent campaigns for small businesses. More...

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