ArvinMeritor Divests Additional Light Vehicle Systems Chassis Business
Company sells Gabriel Ride Control Products North America business to OpenGate Capital.
OBITUARY: Delphi Exec James Shaw Holden Barker Died June 18
James Shaw Holden Barker, president and director of Delphi Diesel Systems Service Mexico, S.A. de C.V. for Mexico and Central America, passed away June 18.
Chrysler Group LLC Begins Production at Seven North American Assembly Plants
Chrysler Group’s Powertrain and Stamping facilities that supply these assembly plants will also be operating.
Continental’s Commercial Vehicle Tire Division Announces Retreading Cooperation
ContiTreads will be available in designs based on the Continental HDL Eco Plus (Heavy Drive Long-Haul) and the HTL Eco Plus (Heavy Trailer Long-Haul) tires, both of which are certified for increased fuel efficiency through the U.S. EPA SmartWay program.
NACE and CARS Announce 2009 Event Chairmen Appointments
Both the upcoming NACE and CARS shows, which take place November 4-7, are sponsored by ASA and co-located at the Mandalay Bay Convention Center in Las Vegas, during the second annual Automotive Service & Repair Week (ASRW).
Meridian Announces the Sale of Certain Operating Units
The deal, effective June 1, includes certain leases of Meridian’s Composite business and facilities located in Lenoir, Newton and Salisbury, N.C., and Celaya, Hermosill, and Saltillo, Mexico.
Metaldyne to Sell Majority of Assets through Bankruptcy Process
Company reaches non-binding agreement to sell businesses as going concerns.
AutoZone Third Quarter Sales Increase 9.3 Percent
Net income for the quarter increased $15.1 million, or 9.5 percent, over the same period last year.
Littelfuse Announces Restructuring Plans
Restructuring activities are expected to begin in the third quarter of 2009 and be fully complete by the end of 2010.
Ford Invests $550 Million to Build New Global Small Cars, Electric Vehicle at Michigan Plant
Investment will support approximately 3,200 jobs at Michigan Assembly Plant.