American Axle & Manufacturing Holdings Inc., the world's second-largest maker of automotive drive systems, said first-quarter profit fell 32 percent as General Motors Corp. cut light-truck production and bought fewer parts. American Axle & Manufacturing Holdings Inc., the world's second-largest maker of automotive drive systems, said first-quarter profit fell 32...
Timken has announced it will increase prices on steel bar products. Non-contract prices will increase by $30 per ton for all sizes and grades of carbon and alloy steel bars effective with shipments beginning May 10.
Workers at Tower Automotive in Madison, Miss., voted 162-18 against joining the United Steelworkers of America. Tower is a major supplier for Nissan's new automotive plant in nearby Canton, Miss.
Yokohama Tire Corp. and American Car Care Centers (ACCC) have signed a distribution agreement through which Yokohama will provide ACCC’s members access to its full line of products. Yokohama will supply ACCC with its core products including the AVS, AVID and Geolandar lines of tires.
The country's two largest auto-parts makers, Delphi Corp. and Visteon Corp., formally announced Thursday their 7-year UAW contract that will substantially reduce pay for their future UAW workers, and requires them to pay for more of their health care and much of their retirement.
The Lawley Service Insurance Group of Companies, based in Buffalo, NY, has acquired TWS and Associates, an Orchard Park, NY-based firm specializing in automotive aftermarket products. The purchase of the 30-year-old firm by Lawley's Automotive Dealership Solutions subsidiary is designed to strengthen the agency's automotive business in Western New York...
Modine Manufacturing Co. has signed a definitive asset purchase agreement for a major expansion into Asia through the acquisition of the Automotive Climate Control Division (ACC) of WiniaMando Inc. WiniaMando, headquartered in South Korea, designs and manufactures heating, ventilating and air conditioning (HVAC) systems for commercial vehicles, trucks, buses and...
Bridgestone/Firestone North American Tire, LLC (BFNT) and Bridgestone/Firestone Canada have jointly announced an “across the board” price increase of up to 5 percent on the companies’ tire products sold in the replacement and original equipment markets in all channels. Prices on some sizes of off-road tires will increase by up...
AutoPartSource, LLC has purchased certain assets of Qualitee International Limited Partnership of Bloomfield Hills, Mich. The two companies have entered into an agreement to sell, on a consignment basis, all of the inventory of Qualitee.
DuPont has announced plans to add a $15 million glass interlayer manufacturing line at its site in Fayetteville, N.C. The new line will manufacture DuPont SentryGlas Plus interlayers, high-strength polymer sheets used by glass laminators and window companies to make advanced safety glass for automobiles and buildings.
