ThyssenKrupp Budd to Sell Aluminum Casting Unit
ThyssenKrupp Budd Co., a leading supplier to the automotive industry, has announced the sale of its aluminum castings operations as part of a restructuring plan announced earlier this year. ThyssenKrupp Stahl Co., a subsidiary which produces aluminum castings at foundries in Kingsville and Warrensburg, MO, has been sold to an equity-holding concern. The sale price was not disclosed. ThyssenKrupp Stahl employs 813 people.
Mission Technology: 2006 MIS Council Fall Conference to Highlight Security, Data Organization and Collaboration
Security, data organization and collaboration for automotive aftermarket and heavy-duty suppliers will be the focus of the 2006 Fall Conference presented by the MEMA Information Services Council (MIS Council). The conference is slated for Sunday, Oct. 15, through Tuesday, Oct. 17, in Marco Island, FL.
Aftermarket eForum Early Bird Registration Deadline Extended
The early bird registration deadline for the 2006 Aftermarket eForum has been extended until Friday, June 16. The early-bird registration fee for AAIA, AIA of Canada, AWDA, MEMA and SEMA members is $695 and $895 for non-member firms. The 2006 Aftermarket eForum will be held July 17-19, at the Hyatt Regency O’Hare in Chicago. This year’s event will include two half-day sessions and one full day of speaker and panel presentations. It will also feature table-top exhibits from the industry’s leading providers of e-commerce and supply chain solutions.
Aftermarket Expected to Grow 4.2 Percent in 2006, According to New AASA Research
The light vehicle automotive aftermarket industry is expected to grow 4.2 percent in 2006, according to new research from the Automotive Aftermarket Suppliers Association (AASA). A detailed analysis of the size of the aftermarket is included in the soon-to-be-released 2006-2007 AASA Automotive Aftermarket Status Report.
LIVE FROM GAAS: Adapting to the Changing Automotive Aftermarket — The Supplier’s Perspective
A panel of industry leaders, moderated by Motor & Equipment Manufacturers Association (MEMA) President and CEO Bob McKenna, tackled the subject of the rapidly evolving automotive aftermarket from a supplier’s point of view at the Global Automotive Aftermarket Symposium in Dearborn, MI. The subjects of change and collaboration were at the forefront of the discussion.
DIY Activity Continues to Decline, According to New AASA Research
All types of do-it-yourself (DIY) activity have dropped over the past 10 years, according to new research from the Automotive Aftermarket Suppliers Association (AASA). A detailed DIY analysis is included in the soon-to-be-released 2006-2007 AASA Automotive Aftermarket Status Report. Based on consumer surveys conducted by IndustrialMR, AASA grouped service jobs into light, medium or heavy DIY categories. AASA data reveals that between 1995 and 2005, “heavy” DIY activity fell from 33 percent of the jobs in the heavy DIY group to 25 percent; “medium” DIY activity dropped from 35 percent to 28 percent; and the percent of jobs in the “light” DIY service group declined from 54 percent in 1995 to 40 percent in 2005.
Unperformed Maintenance Drops in 2005 to $52 Billion, According to AASA Research
Unperformed maintenance dropped to $52 billion in 2005, according to an upcoming report from the Automotive Aftermarket Suppliers Association (AASA). While the $52 billion represents a drop of $4 billion from 2004 figures, many American vehicle owners are still neglecting many of the vital maintenance and service procedures that their cars and trucks require to operate safely, reliably and fuel-efficiently, according to AASA.
Unperformed Maintenance Drops in 2005 to $52 Billion, According to AASA Research
Unperformed maintenance dropped to $52 billion in 2005, according to an upcoming report from the Automotive Aftermarket Suppliers Association (AASA). While the $52 billion represents a drop of $4 billion from 2004 figures, many American vehicle owners are still neglecting many of the vital maintenance and service procedures that their cars and trucks require to operate safely, reliably and fuel-efficiently, according to AASA.
Mark Iasiello Joins HDMA as Director, Member Development
Mark Iasiello has joined the Heavy Duty Manufacturers Association (HDMA) in the newly created position of director, member development. HDMA is the heavy-duty market segment association of the Motor & Equipment Manufacturers Association (MEMA). Iasiello’s duties will include expansion of HDMA’s program and services to its members, and new member development. He also will lead the association’s heavy-duty aftermarket efforts, including serving as staff liaison to HDMA’s Heavy Duty Aftermarket Council and be one of the organizers of the annual Heavy Duty Aftermarket Week.
New Website Launched for Aftermarket eForum
Recognizing the growing importance of the Aftermarket eForum as a must-attend event for those seeking to understand and conduct e-business in the vehicle aftermarket, a stand-alone website for the conference recently made its debut at www.aftermarketeforum.com .