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.
Universal Technical Institute Discusses Long-Term Strategic Plan in Investor Meetings
Universal Technical Institute’s (UTI) Chairman Robert Hartman, President and CEO Kimberly McWaters and CFO Jennifer Haslip are conducting meetings with investors this week to highlight the company’s growth plan and business outlook.
MANN+HUMMEL USA Names Thomas to Communications Post
MANN+HUMMEL USA has named Julie Thomas to the position of executive assistant to the president, with responsibility for the automotive supplier’s public relations programs.
GAAS Fund Organizers Announce $50,000 GAAS Scholarship Challenge
An anonymous donor has issued a $50,000 fund raising challenge for the Global Automotive Aftermarket Symposium (GAAS) scholarship program, awarded to students planning aftermarket careers. The “$50,000 GAAS Scholarship Challenge” was initiated after the donor committed to donate up to $10,000 to the Global Scholarship fund in 2004 and will match 25 percent of all other donations to the fund up to a matching amount of $10,000. The challenge campaign aims to net the fund a total of $50,000 in donations. Delphi Corp. has made the first challenge donation of $3,000.
Universal Technical Institute Signs Lease for New Campus in Pennsylvania
Universal Technical Institute (UTI) has entered into a long-term lease agreement for a new UTI campus near Exton in southeastern Pennsylvania. Encompassing approximately 160,000-square-feet, the new facility is expected to open in summer 2004. The new UTI-Exton campus will initially offer programs in automotive technology to diagnose, service and repair automobiles.
Fusor Named Preferred Supplier by Keystone Automotive
Keystone Automotive has named Lord Corporation’s Fusor Automotive Repair Adhesives a preferred supplier. Fusor Automotive is a provider of metal and composite bonding solutions for automotive body repair. Lord Corp. provides its full product-line of Fusor Automotive Repair Adhesives to Keystone Automotive Industries, specifically their adhesives for metal bonding, plastic repair and bumper repair; as well as their seam sealers and foams. According to the Keystone supplier performance summary, Lord earned 100 points on a rating scale with a total possible 100 points. Program criteria included quality, order fill rate and order lead-time.
Sarah Fisher and Larry Hoofnagle to be Featured on C.A.R. Show
IRL IndyCar Series driver and Raybestos Safety Campaign spokesperson Sarah Fisher, and Larry Hoofnagle, director of marketing for Brake Parts Inc., will be featured on the C.A.R. Show radio program on Saturday, January 31. The broadcast will air between 9 – 11 a.m. EST. During the broadcast, Hoofnagle and Fisher will discuss the importance of vehicle maintenance and the need to educate consumers about taking proper care of their vehicle’s braking system through annual brake inspections, maintenance and repair.
Executive Interview with Terry McCormack, President, Dana Automotive Aftermarket Group (AAG)
Our latest edition of “Executive Interview” features Terry McCormack, president of Dana Automotive Aftermarket Group (AAG). McCormack talked to aftermarketNews.com about the recent news that Dana will divest its aftermarket group. He shared details of the announcement as well as his insights on what this major change means for the company and the division.
Automakers Help Allies Handle Crises
Seeking to mitigate disaster costs after events such as 9/11 and last year’s blackout, Detroit automakers said Wednesday they’ll ask their suppliers and dealers to take part in a crisis management plan that will prepare them for emergencies. The automakers, working together through a trade organization called the Automotive Industry Action Group (AIAG), released a booklet that could serve as a guide for suppliers and dealers that either don’t have a contingency plan or want to modify an existing one. GM said that it will begin rolling out the process to all its 3,700 suppliers next week. The AIAG said the plan is voluntary for suppliers and will result in minimal costs for the companies.
Delphi Earnings Decline
Auto-parts maker Delphi Corp. said Tuesday its fourth-quarter net earnings sank to $82 million as it paid for a major restructuring program it launched in October, which included 8,500 job cuts. Net income for the quarter was 15 cents a share, down from $119 million, or 21 cents, in the same period a year earlier.