PART II — The Collapse of American Remanufacturers Inc: An In-depth Look at ARI’s Fall into Bankruptcy
There were certainly many internal factors that lead to the collapse of ARI. Indeed, troubled mergers and internal accounting problems are not new in business. But for the industry at large, ARI’s story poses broader questions about foreign competition and the market’s ability to adapt to today’s rapidly changing global dynamics.
GM Targets Reduction in Suppliers to Cut Costs
General Motors Corp wants to reduce its number of suppliers to reduce costs, vice president of global purchasing Bo Andersson told Automotive News Europe. In the pre-release of the interview to appear in tomorrow’s edition of the magazine, Andersson said: “Both our purchasing spending and our supplier base will shrink.” To help cut costs and improve quality, the majority of GM parts will in the future come from “about 500 Tier 1 suppliers”, Andersson said.
Valspar Celebrates Automotive Aftermarket Industry Week
Automotive Aftermarket Industry Week in Las Vegas, NV sets the stage for two significant milestones in Valspar’s history. A long time exhibitor of SEMA, NACE and AAPEX, Valspar will celebrate the corporation’s 200th anniversary as a global coatings manufacturer – while House of Kolor marks its 50th Anniversary as the “original” custom-finishes manufacturer.
Aftermarket eForum: Day Two – To “e” or not to “e”
Yesterday, the Aftermarket eForum was in its second day in the Windy City. The full day was full of panels, vendor displays and speakers who gave their insights on the world of “e” in the industry.
MEMA 100th Anniversary Materials Win 2004 International Automotive Media Awards
The Motor & Equipment Manufacturers Association (MEMA) was presented with four award by the International Society for Vehicle Preservation for its 100th anniversary materials – including “Best in Show” in the graphics category for its commemorative anniversary poster. The awards were presented Nov. 16 in New York.
Executive Interview with Greg Gyllstrom, Vice President and General Manager for Visteon’s North American and Asian Aftermarket Operations
Our latest edition of “Executive Interview” features Greg Gyllstrom, Vice President and General Manager for Visteon’s North American and Asian aftermarket operations. In this role, Gyllstrom is responsible for expanding the organization’s North American and Asian aftermarket business by coordinating and directing the company’s sales, product development and marketing activities. Gyllstrom recently talked with aftermarketNews.com about his first two years at Visteon, the company’s motor sports initiatives and its presence in Asia.
On the Soles of Goodyear
On your car, a tire tread is all about ride, traction and handling. On your shoe, it’s all about looking cool.
Dupont Teflon Car Care Products Marks Strong First Year with Events at Key NASCAR Race
An automotive technician from Reading, Pa., will meet NASCAR Nextel Cup driver Jeff Gordon, and the DuPont Teflon Car Care brand will be featured on Gordon’s No. 24 Chevrolet as the new line of car care products celebrates its successful first year during Saturday’s UAW-GM Quality 500.
Executive Interview with Paul Foley, Vice President, Automotive Aftermarket Suppliers Association (AASA)
Our latest edition of “Executive Interview” features Paul Foley, vice president of the Automotive Aftermarket Suppliers Association (AASA), a market segment of the Motor & Equipment Manufacturers Association (MEMA). Join us as Foley brings us up to speed on the rapid growth of AASA since its creation two years ago, as well as several industry initiatives AASA is currently focusing on.
ExxonMobil Celebrates 30 Years for Mobil 1
ExxonMobil is celebrating the 30th anniversary of the introduction of Mobil 1 synthetic motor oil. First introduced in 1974, Mobil 1 has become the world’s number one-selling synthetic motor oil, according to the company. ExxonMobil kicked off a celebration for the brand on April 13 in Beaumont, Texas, where Mobil 1 is manufactured and distributed for all of North and South America.