Dana Names GM Europe Exec Michael Burns CEO and President, Acting President Bill Carroll to Retire
Dana Corp.’s board of directors has named Michael Burns CEO, president and a director of the company, succeeding the late Joe Magliochetti, who passed away Sept. 22, 2003. Burns, who has been president of General Motors Europe since 1998, will officially take over on March 1. Bill Carroll, who has served as acting president and COO since September, will continue in these positions until March 1, at which time he will retire from the company.
Delphi Says Law Will Affect Payouts
Delphi has said the Medicare prescription-drug law passed last month may reduce the company’s future payouts for retiree health-care coverage by $454 million. The company’s obligation at the end of 2003 would have been $8.02 billion with the legislation, or five percent less than $8.47 billion reported, Delphi said in an annual regulatory filing.
NASTF to Meet March 8 in Detroit
The National Automotive Service Task Force (NASTF) will meet March 8 in conjunction with the SAE Congress in Detroit, Mich. The meeting will be held at 6:30 p.m. at the Detroit Marriott Renaissance Center in downtown Detroit. NASTF meets semi-annually with committees meeting throughout the year.
Survey Says Suppliers Should Pay More Attention to Their Brands
Suppliers must do a better job of building and utilizing their brand names, according to new research by SupplierBusiness.com. Companies make a mistake when they submerge their identities or consolidate brand portfolios out of existence, say executives who were surveyed. By having a clear brand strategy they say suppliers can capitalize on their good name and good will. The cost of developing a brand strategy is low and the risk is small. A strong brand means a company is taken more seriously in the bidding process and can open doors when trying to win new business with an OEM it has no relationship with.
“DST Asks”: What Ordering Methods Do You Offer to Customers?
Forecasting the future isn’t a task restricted to tabloid psychics or your TV weatherman. Whether we like it or not, running a successful business today that will remain successful in the future requires forecasting skills.
Executive Interview with John Washbish, President – Customer Relationship Management, Dana Automotive Aftermarket Group (AAG)
Every other week, aftermarketNews.com offers an interview with a high-profile individual in the automotive aftermarket. We give executives free rein to express their views on anything from the state of their corporations to recent legislative news to future trends in their niche markets. Here you see what matters to the newsmakers themselves.
More Than 300,000 Tests Taken in CCAR’s S/P2 Online Training
The Coordinating Committee For Automotive Repair (CCAR) has surpassed 300,000 tests taken in its “S/P2” online training in Safety and Pollution Prevention for the automotive repair industry.
Two Visteon Employees to be Honored by Society of Automotive Engineers
Two engineering professionals from Visteon Corporation will be honored with the prestigious Forest R. McFarland Award on Tuesday, March 9, at the Honors Convocation during the 2004 Society of Automotive Engineers (SAE) World Congress & Exhibition in Detroit.
Herman Trend Alert: Electronic Connectivity
Rapid developments are underway in the field of electronic connectivity. Sending and receiving e-mail is possible virtually anywhere that you can connect your computer to a telephone line. Internet cafes are plentiful and convenient, especially in countries outside the U.S. International travelers can now stay in touch as they move, increasing their efficiency and peace of mind. The exploding connectivity trend makes it possible to keep in touch with headquarters, clients, suppliers and loved ones.
GAAS Fund Organizers Announce $50,000 GAAS Scholarship Challenge
An anonymous donor has issued a $50,000 fund raising challenge for the Global Automotive Aftermarket Symposium (GAAS) scholarship program, awarded to students planning aftermarket careers. The “$50,000 GAAS Scholarship Challenge” was initiated after the donor committed to donate up to $10,000 to the Global Scholarship fund in 2004 and will match 25 percent of all other donations to the fund up to a matching amount of $10,000. The challenge campaign aims to net the fund a total of $50,000 in donations. Delphi Corp. has made the first challenge donation of $3,000.