Global Aftermarket
AASA Top 100 Brings Value To Counter/Service Professionals

The deadline to participate has been extended to this Friday, Aug. 26.

Bulten Signs Contract With Major Russian Automotive Manufacturer

The company has signed another contract to supply fasteners to a major Russian vehicle manufacturer. The annual order value is approximately EUR 700,000 (approximately $792,000 USD).

Michelin Group Breaks Ground On Passenger Tire Plant In Central Mexico

Construction of the plant is expected to begin immediately, with completion currently scheduled for late 2018. Production will increase gradually thereafter, eventually reaching 4 million to 5 million tires a year.

Axalta Coating Systems Launches Syrox, A New Refinish Brand

Designed with new European formulations specifically for the mainstream aftermarket segment, Syrox is a complete and compact refinish paint system, including a waterborne basecoat, developed for passenger car repairs.

Dayco CEO John Bohenick To Keynote 2016 Automotive Aftermarket Asia Pacific Summit

As the market rapidly grows, the automotive aftermarket in ASEAN countries is expected to become a $38 billion industry by 2025. During the 2016 Automotive Aftermarket Asia Pacific Summit, attendees will learn about laws, regulations and codes of conduct in ASEAN countries, how to communicate with vehicle owners and service providers and the best ways to integrate traditional aftermarket methods with the internet.

Demand Driven And The Global Supply Chain

GlobalBusinessProfessor.com’s latest audio interview, “Demand Driven and the Global Supply Chain” features Carol Ptak, founder and partner of the Demand Driven Institute and a global supply chain expert. In the 10-minute interview, Ptak describes what “demand driven” is and how demand driven differs from the traditional planning approaches for international automotive suppliers.

US Exports To Morocco More Than Triple In 10 Years Since US-Morocco Free Trade Agreement

In the three years before the FTA (2003-‘05), U.S. exports to Morocco averaged $482 million; in the past three years (2013-‘15), they increased 328 percent to $2.1 billion.

Bendix Launches Vocational Training Program For At-Risk Youth In Acuña, Mexico

In a one-year pilot program, scheduled to begin in September, Bendix will provide 12 courses on light manufacturing techniques to 240 men and women ages 18-25 who are not currently employed or enrolled in school.

Messe Frankfurt India’s ‘India Automotive Forum’ Emphasizes Innovation, Design And Development As Keys To Becoming World Class

The theme of the conference was the Indian auto part industry’s ­transformation to a culture of innovation and design, in line with the need for the Indian auto part sector to invest in technology, nurture a culture of product development and innovation to remain relevant and remain competitive as a supplier base globally.

AkzoNobel Collaborates With Shanghai’s Jing’an District To Revitalize Local Communities

The partnership aims to revitalize cultural and recreational community spaces to support sustainable community development in Jing’an.

Johnson Controls Shareholders Approve Merger With Tyco

JCI says the merger will create a global industrial leader uniquely positioned in the buildings and energy markets with $30 billion in annual revenue, by bringing together two leading businesses with best-in-class product, technology and services to deliver greater value to customers, shareholders and employees.

Brazil’s Fortbras Group Acquired By Private Equity Investors

The transaction marks Advent International’s first investment in the fragmented $35 billion Brazilian real (approximately $11 billion USD) aftermarket auto parts sector in Brazil.