Cooper Tire & Rubber Reports Third Quarter Results
Cooper’s results were pressured by unprecedented raw material cost increases, higher utility costs and production curtailments due to raw material shortages caused by hurricanes in the Gulf Coast region.
Alliance, Activant Sign New Multi-Year Extension of Data Warehouse Program
The Alliance, which has 53 automotive parts distributor shareholders in the U.S., Canada and Mexico, utilizes the Activant-created data warehouse to capture and analyze daily sales and inventory data across its network.
Marmon Buys Brake Component Maker
TSE, which has a plant in Sonora, Mexico, will continue to operate as a separate company under current management, Marmon said.
Visteon Announces Third-Quarter 2008 Results and Additional Cost-Reduction Actions
Third quarter 2008 product sales declined by $400 million from the same period a year ago, primarily reflecting the impact of lower customer production volumes and plant closures and divestitures.
SKF Consolidates North American Automotive Seals Manufacturing
The company said consolidation is necessary to remain competitive in the U.S. automotive market.
James Power IV Joins Service Repair Solutions Board of Directors
Son of J. David Power III, founder of J.D. Power and Associates, “Jamey” Power brings to SRS a wealth of credentials derived from more than two decades of hands-on experience.
Daimler to Close Sterling Trucks Division; Cut 3,500 Jobs
Daimler AG, one of the world’s largest producers of heavy duty vehicles, plans to close its Sterling Trucks division.
DURA Automotive Systems Announces Global Reorganization
DURA Automotive Systems has announced a comprehensive restructuring of the company into four global business units.
DENSO Named Pronto OE Supplier of the Year
The National Pronto Association has awarded DENSO Sales California (DSCA) its Original Equipment (OE) Supplier of the Year award.
Executive Interview with Scott Stolberg, President and CEO, AAEQ Manufacturers and Recyclers
Scott Stolberg is president and CEO of AAEQ Manufacturers and Recyclers, a company that provides leadership in the automotive remanufacturing, manufacturing and recycling industries. Stolberg graduated from Indiana University in 1982 with a B.S. degree in finance. He joined the family business in 1984 in Chicago, after working in the insurance industry from 1982