Goodyear Releases 2003 Financial Results
Despite record sales of $15.1 billion and some bottom-line improvements, Goodyear Tire & Rubber yesterday reported a full-year 2003 net loss of $802.1 million or $4.58 per share. The 2003 net loss also included a -$56.2 million restatement for the year, part of a total of $164.8 million in additional net losses over the 1997-2003 period.
Aftermarket Web Competition to be Held at Upcoming MEMA Technology Conference
The MEMA Information Services Council Board of Directors has announced a call for applications to the annual Aftermarket Web Challenge. The Aftermarket Web Challenge is the automotive aftermarket’s oldest and most recognized award for Web application excellence. It is sponsored by the Motor & Equipment Manufacturers Association (MEMA) Information Services Council (MIS Council) and is held in conjunction with the organization’s annual Fall Conference.
Wally Parks NHRA Motorsports Museum Unveils New Interactive Web Site
The Wally Parks NHRA Motorsports Museum has launched a new interactive Web site — http://museum.nhra.com — designed to give visitors a history of motorsports as well as information on museum programs and events.
Ninth Annual GAAS Kicked Off in Chicago
While the theme of this year’s Global Automotive Aftermarket Symposium (GAAS) — Leaner, Faster, Better — may connote the automated efficiency of a well-run machine, the true focus of the day’s numerous presentations was on the talented pool of people who make up that machine and how to make better use of them. “The core of any great business is the people,” said GAAS founder and chairman Mort Schwartz, who welcomed approximately 400 aftermarket executives to the event.
Tom O’Brien Joins ARI
Tom O’Brien, former vice president of marketing at Dana Brake and Chassis, has joined ARI as vice president sales, special markets. In this new position, O’Brien will be responsible for national accounts, co-manufacturers, OE service and export sales for all ARI divisions.
Federated Auto Parts Announces Vendors of the Year
Federated Auto Parts announced its 2003 Vendors of the Year at its annual meetings held in Salt Lake City May 12-15. The awards were presented by Federated Chairman, Bo Fisher and Rusty Bishop, Federated CEO, at the awards luncheon held May 14.
BFG Challenge Turns Ordinary Drivers Into Test Drivers At SEMA’s International Auto Salon
BFGoodrich Tires is putting its money where its mouth is. The brand of tires is turning ordinary drivers into test drivers at SEMA’s International Auto Salon (IAS) in Atlantic City, N.J., this weekend.
SKF/Chicago Rawhide Increases Sponsorship Level of Car Care Council’s Women’s Board
SKF/Chicago Rawhide recently announced its commitment to increase its sponsorship to the “Gold” level to support the 2004 activities of the Car Care Council’s Women’s Board. This follows SKF/CR’s participation as a Diamond Sponsor of the Women’s Board reception last November in Las Vegas.
Engine Manufacturers Will Work to Meet the Challenge of EPA’s New Nonroad Diesel Engine Regulation
The Engine Manufacturers Association (EMA) responded positively to the announcement of the nonroad diesel engine and fuel regulation finalized recently by the U.S. Environmental Protection Agency (EPA).
BorgWarner Louis Schwitzer Award Candidates Announced
The Indiana Section of the Society of Automotive Engineers (SAE) announced six candidates for the 38th annual Borg Warner Louis Schwitzer Award, which will be presented May 21 at the Indianapolis Motor Speedway.
TI Automotive Launches New Fuel Pump Line
TI Automotive is investing millions this year to launch production of an all-new dual-channel, single-stage (DCSS) fuel pump that provides dramatic improvements in efficiency and performance.
O’Reilly Automotive Selects Evant Enterprise Information Management
Evant, a provider of multi-channel planning and advanced replenishment solutions, announced today that O’Reilly Automotive Inc. is in the process of deploying Evant Enterprise Information Management (EIM) to serve as the platform for its enterprise data registry and data synchronization initiatives with key suppliers.