Ford, ACH and Neapco Drivelines Sign Final Agreements for Sale of Automotive Components Holdings’ Driveshaft Business
Ford Motor Company, Automotive Components Holdings (ACH) and Neapco Drivelines have signed definitive agreements for the sale of the ACH driveshaft business currently located in the ACH Monroe (MI) Plant. This announcement follows the recent UAW ratification of the collective bargaining agreement negotiated with Neapco. Neapco is opening a 345,000 square foot state-of-the-art manufacturing facility in Van Buren Township, MI. Approximately 300 salaried and hourly employees from the Monroe Plan and associated technical and support staffs are being offered positions at the new facility.
Aftermarket Auto Parts Alliance Sails Into Florida for Annual Meeting; Outstanding Vendors Honored
SAN ANTONIO — The shareholders of Aftermarket Auto Parts Alliance, Inc. (Alliance) gathered this week in Boca Raton, FL, for the group’s annual winter meeting. The meeting is a culmination of the past year’s efforts of the Alliance, which markets for Auto Value/Bumper to Bumper parts stores and certified service centers. Reports and breakout meetings
Dayco Products’ Dennis Welvaert Named New AASA Chairman; New Board Members Elected
Dennis Welvaert, president, North American aftermarket division, Dayco Products LLC., Tulsa, OK, took office as chairman of the Automotive Aftermarket Suppliers Association (AASA) Board of Governors at the board’s Nov. 8 board meeting in Chicago. Welvaert is a 37-year veteran in the automotive industry. His career started with Firestone Tire and Rubber Co. where he held various technical positions in research and development before moving into the OEM Sales division.
Northwood University to Honor Seven Aftermarket Professionals
Northwood University will honor seven automotive aftermarket leaders with its annual Automotive Aftermarket Education Award on Tuesday, Oct. 30 at the Venetian Hotel in Las Vegas. The awards will be presented during a luncheon at the annual Automotive Aftermarket Products Expo Show (AAPEX). Northwood’s Automotive Aftermarket Education Award recognizes leaders for their contributions to the educational process in the automotive aftermarket field. The award was created to insure that these individuals receive national recognition for their efforts to improve education inside and outside the industry.
NH Parts Plus Store Comes to the Aid of NASCAR Angels
MEMPHIS, TN – Sanel Auto Parts, a Parts Plus Autostore owned by Automotive Supply Associates (ASA) in Concord, NH, recently teamed with the NASCAR Angels TV program to aid in their goal to help provide safe, reliable transportation for deserving motorists. Hosted by former NASCAR champion Rusty Wallace and Shannon Wiseman, a NASCAR.com reporter, NASCAR
Federal-Mogul’s Burkhart Elected to AASA Board
Jay Burkhart, senior vice president, global aftermarket, of Federal-Mogul Corp., has been elected to the Board of Governors of the Automotive Aftermarket Suppliers Association (AASA). “We are very pleased to have Jay join the AASA Board of Governors. Having someone of his caliber is an excellent addition to our leadership,” said Steve Handschuh, AASA president and COO. “His experience and insight will blend well with the other members of the board and he offers a great deal to the overall organization and membership,” Handschuh said.
Executive Interview with Ric Alameddine
This week we talk with Ric Alameddine, vice president of marketing, North American Aftermarket, for Tenneco Inc., manufacturer of Monroe shocks and struts, Monroe premium brakes, Walker exhaust products, DynoMax performance exhaust, Rancho performance suspensions and shocks, and DuPont Car Care appearance and performance chemicals. In our exclusive interview, Alameddine talks about Monroe’s foray into the brake category and how the company keeps its branding and marketing initiatives fresh.
Pennzoil Platinum Kicks Off “Ultimate Protection” Tour
Pennzoil Platinum has kicked off its nationwide Pennzoil Platinum Ultimate Protection Tour, which features an interactive 53-foot mobile display unit showcasing the benefits of Pennzoil Platinum full synthetic motor oil. Now in its third season, the redesigned Tour will travel to more than 20 auto enthusiast events, select NASCAR races and for the first time
The Week in Review (June 4-8, 2007)
By Arianne Anderson The Week in Review offers a snapshot of the most read stories of the week as seen on aftermarketNews. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, click on any of the dates listed at the bottom of the
Neapco to Buy Ford Auto Parts Plant
From AFX News Limited DEARBORN, MI — Ford Motor Co. has entered into an agreement to sell a Michigan auto parts plant to an affiliate of a China-based company, while it has closed the sale of a Mexico factory to another company. Financial terms for both transactions were not disclosed. Neapco LLC, a North American