Cooper Tire & Rubber Co. Reports 3rd Quarter 2019 Results
Cooper Tire & Rubber Co. recently reported third quarter 2019 net income of $29 million, or diluted earnings per share of $0.58, compared with $54 million, or $1.07 per share, last year.
Dorman Products Reports 3rd Quarter 2019 Results
The company reported 3rd quarter 2019 net sales of $253.8 million, up 2.4% compared to net sales of $248 million in the 3rd quarter of 2018. Sales growth in the quarter attributable to acquisitions was approximately 1%.
EU Automotive Leaders Unite To Say ‘No’ To ‘No Deal’ Brexit
Europe’s leading automotive representatives warn of catastrophic consequences of a ‘no deal’ Brexit.
Auto Care Industry Takes To ‘The Hill’
The Auto Care Association kicked off its Fall Leadership days today in Washington, D.C., which will be followed by the association’s Legislative Summit tomorrow on Capitol Hill. In addition, the Auto Care Association presented a number of awards today in D.C.
Guest Commentary: ‘The Long View’ By MEMA President And CEO Bill Long
“We need to be focused on the evolution – or maybe even the revolution – of technology, market forces, consumer attitudes, business practices, workforces, and the many external pressures and shifts that are coming our way,” writes MEMA CEO Bill Long.
Trump Delays China 30% Tariff Increase Until Oct. 15
Trump’s announcement follows China’s decision to lift retaliatory tariffs on some U.S. goods (but does not include agricultural products).
Automakers Under Antitrust Investigation After Rebuffing Trump Emissions Policy
Four major automakers – Ford, Honda, BMW and VW – are the subjects of a new antitrust investigation launched by the U.S. Justice Department after deciding to allegedly “go rogue” and continue to build new vehicles following the emission standards set forth by the California Air Resources Board (CARB), rather than the rolled-back, weaker emissions standards issued by the Trump Administration.
Audio Interview: Cognitive Sourcing And AI In The Global Supply Chain
This 26-minute interview features supply chain expert Richard Barnett, senior vice president marketing at LevaData.
Lippert Components And Furrion Announce Transition Plan For Distribution Of Furrion Products
While the businesses will continue to explore opportunities to work together, with the potential impact of expanded tariffs, LCI and Furrion have decided that it is in the best interests of their customers that effective Jan. 1, 2020, Furrion will distribute its products directly to the customer and assume all responsibilities previously carried out by LCI relating to Furrion products.
US Trade Representative Announces Next Steps On Proposed 10 Percent Tariff On Imports From China
Certain products are being removed from the tariff list based on health, safety, national security and other factors and will not face additional tariffs of 10 percent.
