Management Changes at Sika in North America
The Board of Directors of Sika AG, Baar, Switzerland, has appointed William Loven to head North America as regional manager and Sika Corporation USA as president and CEO effective January 1, 2005. In this position he will also serve as a member of Group Management of Sika AG, Switzerland.
University Forum Touts Preparation Through Education
What is it about our aftermarket world that makes it so susceptible to change? There are many answers to this question, but there is only one way to deal effectively with these inevitable changes – preparation.
Large Auto Parts Retailers and Distributors Steadily Gain Aftermarket Share
Automotive parts distributors and retail chains have settled into a pattern of sales expansion which is faster than the overall market demand, at near 5 percent per year. This contrasts sharply with double-digit growth enjoyed by these companies in the late 1990s when a large portion of new sales were achieved by acquisitions.
Report Shows 80 Percent of Scrap Tires Put to Good Use
Expanding markets now consume four out of five scrap tires, according to a report by the Rubber Manufacturers Association (RMA). In addition, stockpiled scrap tires have been reduced by nearly 75 percent since 1990.
Federal-Mogul Expands Industry-Leading Abex Heavy Duty Brake Offering with High-Temperature Applications
Three new, highly effective, high-temperature heavy-duty brake linings for trucks and trailers have been introduced by Abex, the commercial-vehicle industry’s premier brand of linings, lined shoes, stop box kits and severe duty disc pads. Abex brake products are manufactured and marketed by Federal-Mogul Corporation.
Two Keystone Automotive Industries Board Members Retire
Keystone Automotive Industries announced that board members Al Ronco and Ron Brown have informed the company of their decision not to stand for re-election at Keystone’s annual meeting to be held this month. The company said it has nominated James Robert Gerrity and newly appointed CEO Richard Keister to fill two of three board vacancies.
Delphi Opens New Facilities in Korea and Tokyo
Delphi Corp. officially opened its second technical center in Korea this week.
Littelfuse Reports Second Quarter Results
Sales for the second quarter of 2004 were $128.8 million, a 77 percent increase from sales of $72.8 million in the second quarter of 2003.
Companies Develop World’s First Mercury-Free High-Intensity Discharge Headlamp System
Together, KOITO Manufacturing Co., DENSO Corp., Toyota Motor Corp. and Royal Philips Electronics have developed the world’s first mercury-free high-intensity discharge (HID) headlamp system. This system completely eliminates mercury from discharge lamps (bulbs). The HID headlamp system is installed on the Toyota Porte, launched this month in Japan.
Application for GAAS 2005 Scholarship is Now Available Online
The scholarship application for the 2005 Global Automotive Aftermarket Symposium (GAAS) is now available for downloading online at . This scholarship, primarily funded through proceeds from the annual GAAS, ensures a strong future talent pool for automotive aftermarket companies and service outlets.
Study: More than Half of Global Brands Fail to Answer E-mails
According to a recent report from BtoB magazine, less than half of the top global brands respond to e-mail correspondence sent to their Web sites.
Aftermarket eForum Kicks Off Today
The Aftermarket eForum — the industry’s only e-conference exclusively focused on the automotive aftermarket — kicks off today at the Hyatt Regency O’Hare in Chicago. aftermarketNews.com will provide exclusive live coverage from the event, as it takes place, Aug. 2-4.