Fewer U.S. Vehicles are Being Scrapped, According to R. L. Polk & Co.
The fact that vehicles are staying on the road longer is a boon for the aftermarket, and according to recent research from R. L. Polk & Co., the numbers are moving even more in the aftermarket’s favor. Vehicle scrappage rates declined 9.1 percent in 2003, according to recent Polk research. The number of passenger cars scrapped in 2003 was down 6.1 percent while light trucks experienced a 12.7 percent decrease. Both numbers were factors in driving the scrappage rate down for all vehicles, a trend since 1970, according to Polk.
CBS News to Address Insurer-Owned Shop Issues This Week, ASA’s Ron Pyle to Be Featured
Two CBS programs are scheduled to address the insurer-owned body shops issue this week. The first program is slated to air today, Wednesday, Feb. 11, on the CBS Evening News during its “Eye on America” segment. Ron Pyle, ASA’s president and chief staff executive, was recently interviewed for the segment at ASA’s headquarters in Bedford, Texas. Pyle will provide follow-up coverage on this issue when he is interviewed again by CBS during an appearance on The Early Show Thursday, Feb. 12.
Deadline Approaching for Participation In Top Aftermarket Suppliers List
The deadline for participation in the 2004 Top Automotive Aftermarket Suppliers List, published by Automotive Aftermarket Suppliers Association (AASA), the aftermarket segment of the Motor & Equipment Manufacturers Association (MEMA), has been extended to Friday, Feb. 13. Produced by Babcox Publications, this multi-page, full-color publication will feature insightful information on the largest suppliers to the automotive aftermarket. The form to participate is available online at http://www.aftermarketnews.com/top70.asp. The 2003 AASA Top Aftermarket Suppliers list is also available at the link.
New Ideas Should Help Old Favorite
After getting whacked by big upheavals in the automotive supply world, the wobbly SAE World Congress, Detroit’s biggest and most important trade show, seems to be finding its legs again.
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.
ArvinMeritor Announces 2004 Suppliers of the Year
ArvinMeritor has announced the winners of the company’s annual supplier awards. The awards — which were presented Jan. 29, at ArvinMeritor’s North American Supplier Conference in Troy, Mich. — recognize outstanding performance in customer service, product quality, delivery and cost reduction.
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.
Comergent Technologies Acquires Profile Systems, Inc.
Comergent Technologies, a leading provider of demand chain management applications, has acquired Profile Systems, a developer of product information (PIM) and inventory management companies for business-to-business e-business. Under the terms of the agreement, Comergent Technologies has acquired all the outstanding Profile Systems shares and technology. Profile Systems employees have been retained in the West Springfield, Mass., office.
The Timken Company Names Jacqueline Dedo as Automotive Group President
The Timken Company announced that Jacqueline Dedo has joined the company as president – Automotive and an officer of the company. She will report to James Griffith, president and CEO, and will have responsibility for the company’s global $1.4 billion Automotive Group.
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.