Navistar and Caterpillar Announce Global Truck Joint Venture
The 50/50 joint venture will develop, manufacture and distribute commercial trucks with an initial focus on markets including Australia, Brazil, China, Russia, South Africa, and Turkey.
The Ultimate NASCAR Performance Make-Over Sweepstakes Returns
One lucky fan to win vehicle makeover courtesy of NASCAR Performance automotive partners.
Aftermarket Prime Time
The closing of new car dealerships across the country means the aftermarket can reap the benefits that thousands of closed bays bring. Counterman Editor Mark Phillips finds out how some program groups view these developments.
Wilbur Ross’ International Automotive Components to Acquire German Automotive Products Business
Stankiewicz is a market leader in the European premium automotive segment for insulation, dampening products, sound absorbers, floor coverings and other coverings.
Visteon Announces Third-Quarter 2008 Results and Additional Cost-Reduction Actions
Third quarter 2008 product sales declined by $400 million from the same period a year ago, primarily reflecting the impact of lower customer production volumes and plant closures and divestitures.
Ford, Chrysler and GM Collaborate on Service Hotline for Independent Repair Shops
DETROIT – The Service and Parts Divisions of Ford Motor Co., Chrysler LLC and General Motors have announced the launch of The Power Line – a nationwide toll-free number to support aftermarket engine and transmission assembly sales and service to independent repair facilities. Independent repair facilities can call The Power Line at 866-OE-PARTS (866-637-2787)
Continental Product Lines Now Include VDO and ATE
The VDO and ATE brands are now part of the Continental Corporation’s product portfolio. The addition of the VDO lines of electric motors, engine management, instrumentation, and door systems comes as part of the acquisition of Siemens VDO AG by Continental AG. The ATE lines of brake rotors, pads, and service parts had already been part of the Continental portfolio. Along with the VDO and ATE lines, Continental now offers a complete line of TPMS replacement parts under the Continental brand.
Visteon Completes Sale of Halewood, U.K., Plant
VAN BUREN TOWNSHIP, Mich. — Visteon has completed the sale of its Halewood, U.K., facility to International Automotive Components Group Europe (IAC Europe), a key automotive supplier for interior trim, carpet and acoustics systems and exterior trim. Under the business purchase agreement, Visteon will transfer the assembly facility and associated assets including purchase and supply
New Ohio Collision Center to Showcase Most Advanced DCR Model to Date
HICKORY, N.C. – Mentor, Ohio-based DCR Systems and Mike Johnson’s Hickory Toyota have joined forces to build a state-of-the-art, 12,000-square-foot accident repair center near the dealer’s Hickory property. Featuring DCR’s unique patent-pending lean-based production process, Mike Johnson’s Collision Center opened to the public March 28. The grand opening of the center on June 11 will
Carroll Shelby Earns Auto Executive of the Year Lifetime Achievement Award
Automotive icon Carroll Shelby will receive the 2008 Automotive Executive of the Year Lifetime Achievement Award, which will be presented to him during an invitation-only luncheon at the Detroit Athletic Club on April 16. This is the first time in a decade that the Automotive Executive of the Year’s annual honoree will be recognized for lifetime achievement. The Automotive Executive of the Year Lifetime Achievement Award has recognized excellence in automotive leadership from OEM executives since 1964. Past winners include Jim Press, Bill Ford, Jr., Dieter Zetsche, Rick Wagoner, Henry Ford II, Robert Eaton, Thomas Stallkamp, Roger Smith, Harold E. Poling and Lee Iacocca.