Innovate Motorsports Releases LogWorks 2.0
Innovate Motorsports has released its tuning software LogWorks 2.0. Building on the success of LogWorks Version 1, the newest version is equipped with 32 channels, torque and horsepower calculators and 3D Charts.
Continental’s Kozyra Advocates Collaboration
In a presentation at the Management Briefing Seminars (MBS 2005) in Traverse City, MI, Continental Automotive Systems, North America, President and CEO Bill Kozyra challenged an audience of automotive industry leaders to shed hierarchical management systems in favor of a new business model in which automakers and suppliers collaborate to achieve more innovative products and greater profitability through collective intelligence.
NTEA Releases Two New Resources for Market Plan Development
The National Truck Equipment Association (NTEA) recently launched two new products developed to help commercial truck and transportation equipment industry professionals with the development of market plans. Through data reported in Work and Vocational Truck Data Source: Truck Registrations by State, Class and Body Type, manufacturers and distributors are prepared to estimate potential aftermarket sales.
Auto Suppliers Support Newly Introduced Consumer Vehicle Safety Bill
Motor vehicle product manufacturers support new legislation introduced today that would provide consumers with a tax credit when purchasing a car or truck that has certain safety equipment installed, either as standard or optional equipment on their new vehicle.
Danica Patrick to Appear at Run-Rite Booth During AAPEX Show
IndyCar driver Danica Patrick will make an appearance at C.A.T. Products, Inc’s AAPEX booth (#4679) at the Sands Expo Center in Las Vegas, NV. Patrick will be signing autographs, taking photos and greeting fans from 10:30 AM to 12:00 PM and then again from 1:00 PM to 2:30 PM.
ArvinMeritor Reports Fiscal Year 2005 Third-Quarter Results
ArvinMeritor, Inc. reported financial results for its third fiscal quarter ended June 30, 2005. The company posted sales of $2.4 billion, up 15 percent from the same period last year. The Commercial Vehicle Systems (CVS) division posted sales of $1.1 billion, up $256 million, or 30 percent, from last year’s third quarter, with an operating margin of 6.4 percent, up from 5.7 percent in the third quarter of the prior year.
DURA Automotive Reports 2005 Second Quarter
DURA Automotive Systems, Inc. reported revenues of $623.8 million for the second quarter ended July 3, 2005, compared to $658.8 million in the prior-year quarter. Net income for the quarter was $3.0 million, or $0.16 per diluted share, compared to net income of $3.3 million, or $0.18 per diluted share, in the prior-year quarter.
Executive Interview with Jerry McCabe, Vice President, Communications & Marketing Services, Affinia
Every other week, aftermarketNews.com offers an interview with high-profile individuals in the automotive aftermarket. We give executives free rein to express their views on anything from the state of their corporations to recent legislative news to future trends in their niche markets. Here you see what matters to the newsmakers themselves. Our latest Executive Interview features Jerry McCabe, vice president, communications & marketing services, Affinia. McCabe shares his thoughts of the use of technology and standards in the industry.
Advance Auto Parts Announces Acquisition of Lappen Auto Supply
Advance Auto Parts, Inc. announced that it has acquired substantially all the assets of Lappen Auto Supply Co., Inc.’s auto parts division. Advance’s all-cash transaction adds privately-held Lappen’s 19 auto parts stores in the greater Boston, MA market to Advance’s growing presence in the northeast.
JBS Technologies Promotes Brett Barta
JBS Technologies, vehicle security systems manufacturer, announced that Brett Barta, a seasoned electronics industry executive, has been promoted to vice president of sales administration. In his new role, Brett will be responsible for all sales administrative functions, technical support, product development, web-based initiatives, graphics and packaging.