Car Care Council Women’s Board Raises Record Amount For 2015 Scholarship Program
More than $7,000 raised during winter leadership conference.
MAPSA Scholarship Deadline March 31
Since the program began in 2002, MAPSA has awarded $33,750 to 59 students.
AutoZone Reports Second Quarter Results
Net income for the quarter increased 9.8 percent over the same period last year to $211.7 million, while diluted earnings per share increased 15.6 percent to $6.51 per share from $5.63 per share in the year-ago quarter.
Delphi Automotive PLC Prices Senior Notes Offering
Proceeds from the notes will be used to repay $500 million of Delphi Corp.’s outstanding senior notes due 2021 and to fund future growth initiatives such as acquisitions and share repurchases.
Apply For Automotive Scholarships By March 31
To learn about the more than $400,000 of available automotive scholarships, visit www.automotivescholarships.com.
Federal-Mogul Reports Fourth Quarter, Full Year 2014 Results
Company announces deferral of previously announced spin-off and will commence an equity rights offering.
Auto Care Association, AWDA Launch Auto Care Internship Scholarship Fund
BETHESDA, Md. – The Auto Care Association, in partnership with its Automotive Warehouse Distributors Association (AWDA) segment, has launched a new Auto Care Internship Scholarship fund. This program will provide financial support for students pursuing internships across the country to gain valuable, real-world education in a variety of auto care industry careers. The Auto Care
Myers Industries Reports 2014 Fourth Quarter, Full Year Results
AKRON, Ohio – Myers Industries announced results for the fourth quarter and full year ended Dec. 31, 2014. Net sales increased 9.4 percent in the fourth quarter of 2014 and 6.7 percent for the full year of 2014, due mainly to the acquisition of Scepter Products. Income per diluted share from continuing operations as adjusted
Visteon Reports 2014 Financial Results
VAN BUREN TOWNSHIP, Mich. – Visteon Corp. announced full-year 2014 results, reporting a net loss attributable to Visteon of $295 million, or $6.25 per diluted share, including a $343 million loss on discontinued operations. Full-year sales were $7.51 billion, an increase of $1.138 billion or 18 percent compared with 2013. In 2014, customers awarded Visteon
Standard Motor Products Announces Fourth Quarter, Year-End 2014 Results
NEW YORK – Standard Motor Products (SMP) has reported its consolidated financial results for the three months and for the year ended Dec. 31, 2014. Consolidated net sales for the fourth quarter of 2014 were $218.1 million, compared to consolidated net sales of $218.7 million during the comparable quarter in 2013. Earnings from continuing operations
Cooper Tire Net Income Nears 2012 Levels
From Tire Review Despite a decrease in sales, Cooper Tire & Rubber Co. reported a $100 million increase in net income year-over-year, nearing the company’s 2012 levels. Cooper reported $214 million in net income in 2014, up from 2013’s $111 million but still down from 2012’s $220.4 million. Sales for the company were recorded at
Cooper Standard Reports Fourth Quarter, Full Year 2014 Financial Results
NOVI, Mich. – Cooper-Standard Holdings, parent company of Cooper Standard Automotive, has announced financial results for the fourth quarter and full year ended Dec. 31, 2014. The company also provided guidance for full year 2015. “Our sales increased by five percent for the year, with improved operating profit. We also continued to execute our profitable