Michelin, TRW Automotive Joint Venture Awarded Contracts for TPMS
EnTire Solutions, the joint venture between Michelin and TRW Automotive, has been awarded contracts with Honda and Fiat for its direct tire pressure monitoring system (TPMS). Launched at the Tokyo Motor Show in October, EnTire Solutions is now supplying TPMS for the 2004 Acura MDX luxury sport utility vehicle and has also been selected by Fiat to provide advanced TPMS for a range of its upcoming European models. Other customers include several Hyundai, Kia platforms and General Motors.
MEMA Names New Director of Finance and Administration
Wendy Earp has been promoted to director of finance and administration for MEMA. She formerly served as the association’s controller, a position she has held since May 2001. Earp succeeds Joseph “Joe” Griscti, who is retiring after 22 years of service to the association and industry.
Harris Interactive Launches Internet-Based Automotive Market Research Product; Names Head of Automotive Research Group
Harris Interactive, a global market research and consulting firm, has introduced enhanced Internet-based market research capabilities for vehicle manufacturers and suppliers. Harris Interactive has developed a consumer panel to be used exclusively for automotive market research. The firm’s automotive insights panel is comprised of a body of respondents identified from among its multimillion-member panel of online survey respondents. The panel can provide vehicle manufacturers and automotive suppliers with insight into consumer preferences, product knowledge, buying behavior and brand awareness. In conjunction with this announcement, Harris Interactive has appointed Scott Upham senior vice president of the Automotive & Transportation Research (ATR). Upham, previously of J.D. Power and Associates, will direct automotive research efforts for the company.
Suppliers Use Show as Bridge to Buyers
Most people think of Detroit’s auto show as a glitzy showcase for the latest cars and trucks from automakers around the globe. But auto parts makers increasingly are using one of the most influential auto shows in the world to promote their wares to the vehicle manufacturers that buy them and the consumers who use them.
Two Michigan Manufacturers Name New Directors of Investor Relations
Lear Corp. has appointed Anne Bork director of investor relations. In her new role, Bork will be responsible for supporting the company’s global investor-relations activities. She will report to Mel Stephens, Lear’s vice president of investor relations and corporate communications. TRW Automotive has also named a new director of investor relations. Patrick Stobb has joined TRW from Visteon where he held the position of manager of investor and shareholder relations since June 2002. Prior to that, he held a number of finance positions with both Visteon and Ford.
Could Someone You Know Be The 2004 Victor Reinz Machinist of the Year?
Clevite Engine Parts is currently accepting applications for the 2004 Victor Reinz Machinist of the Year Award. Along with the Automotive Engine Rebuilders Association (AERA) and the National Institute for Automotive Excellence (ASE), Clevite Engine Parts presents this award annually to recognize the valuable contributions machinists make to the automotive rebuilding industry. To further expand the Machinist of the Year Program, Clevite will provide a cash prize of $250 to the person who nominates the winner of this year’s award, in an effort to encourage bosses, colleagues, family and friends to nominate a broader selection of deserving machinists.
ACDelco to Sponsor MACS 2004 Convention
ACDelco will be a silver-level sponsor at this year’s Mobile Air Conditioning Society (MACS) Worldwide 2004 Convention and Trade Show, CRANK it UP!, Jan. 22-24 at the Caribe Royal All-Suites Resort and Convention Center in Orlando, Fla. Susan Christophersen, manager of product service and training development for ACDelco, and Bob Stewart, A/C training program development, ACDelco service training, both will be presenting during the MACS 24th annual convention.
Richard Nawrocki Elected to Intermet Board of Directors
Intermet has added Richard Nawrocki to its board of directors. Nawrocki is president, CEO and board member of CMI-Management Services, a Southfield, Mich.-based holding company that manages a portfolio of diversified investments, corporations and subsidiaries, including metal-forming companies Tech Cast and CMI-Schneible.
Buyout Firm Acquires Harmon AutoGlass
Cleveland, Ohio-based leveraged buyout firm Riverside Co. has acquired Harmon AutoGlass, a Minneapolis automobile replacement glass company. Riverside bought the company from Apogee Enterprises, a glass products developer. Riverside said it plans to sell most of Harmon’s retail operations as franchised units, under the name Glass Doctor.
Executive Interview with Wolfgang Winzer, Vice President and General Manager of Siemens VDO Automotive Corp. Service & Special Solutions, North America
Our latest edition of “Executive Interview” features Wolfgang Winzer, vice president and general manager of Siemens VDO Automotive Corp. Service & Special Solutions, North America. Winzer recently talked with aftermarketNews.com about the company’s extensive history in the OE market and how this will help them build a stronger aftermarket segment. He shared some of the company’s goals for its aftermarket business in the coming years.
Auto Executives Don’t See Big Profit Rise Until 2006, KPMG Study Reveals
The global automotive industry is not expected to return to peak profitability levels until at least 2006, according to the results of an annual global survey by KPMG, an audit, tax and advisory firm. However, automotive executives indicate the worst is behind them, citing 2003 as the worst year for profits in the half-decade, KPMG said. KPMG’s fifth annual survey, conducted in October and November 2003, polled 100 American, Asian and European automotive executives from 19 automakers and from 49 Tier 1 and 32 Tier 2 suppliers.
Tier One Auto Supplier Microheat Restructures Management Team
Microheat, a Tier One automotive supplier and manufacturer of HotShot, a windshield snow and ice removal product set to debut on a wide range of 2006 vehicles, has restructured its management team. Solomon Franco, who founded the firm in 1998, stepped down as CEO and president on January 1. Peter Neustadter, one of the initial investors in Microheat, will serve as interim CEO and board chairman until the company recruits a permanent CEO. Neustadter said he expects the new CEO will be in place by April.