Four CART Board Members Resign
James Hardymon, James Henderson, Rafael Sanchez and Frederick Tucker have resigned from the Championship Auto Racing Teams (CART) board of directors, leaving President and CEO Christopher Pook as the sole member of the board. Their resignations come after the recent news that CART’s assets of would be bought out by Open Wheel Racing Series LLC, following a failed merger attempt between the two racing organizations.
SEMA Show 2004 Space Selection Begins in February
Online space selection for the SEMA Show 2004 will begin the week of Feb. 9. The trade show is scheduled to take place Nov. 2 through Nov. 5 at the Las Vegas Convention Center. The online selection for exhibit location will be made according to a company’s seniority as SEMA Show exhibitor, and their membership in SEMA and/or the Tire Industry Association (TIA).
TIA Consolidates, Maryland Office Becomes New HQ
The Tire Industry Association (TIA) will consolidate all of its offices in Bowie, Md., as of Feb. 1. TIA’s operations in Kentucky will be relocated and the building will be put up for sale. TIA said this decision comes after months of in-depth analysis into the cost-effectiveness of operating two offices in different states. Two members of the Louisville staff, Senior Vice President of Education and Technical Services Kevin Rohlwing and Director of Training Chris Marnett, will be moving to the Maryland office.
AWDA Segment Liaison Candidates Under Review
AAIA is in the process of reviewing candidates to join the professional team at AAIA headquarters and serve as liaison to the new Automotive Warehouse Distributors Association (AWDA) segment. AWDA officially became a segment of AAIA on Jan. 1. Individuals interested in learning more about the position, which will be based at the AAIA national headquarters in Bethesda, Md., should contact Kathleen Schmatz at 301-654-6664 or [email protected].
Car Care Council Reports Increased Web Site Usage, Women’s Board Membership Up
In 2003, usage of the Car Care Council’s Car Care Newspaper Supplement (CCNS) Web site grew dramatically, the council said. The growth coincides with the first year of the Car Care Council’s “Be Car Care Aware” consumer-education campaign. In addition to the news of increased usage of Car Care Council materials, the Car Care Council Women’s Board’s announced that its membership more than doubled in 2003, setting a record high number.
Dana and GETRAG Sign Joint-Venture Agreement with Volvo
A recently formed joint venture company between Dana and GETRAG has signed an agreement with Volvo Car Corp. (VCC) to purchase a 60-percent interest in VCC’s operations in Koping, Sweden. The resulting joint venture with VCC will be known as GETRAG All Wheel Drive AB, a Dana/GETRAG Co. The company will produce all-wheel-drive (AWD) and chassis systems and components for passenger cars and sport-utility vehicles.
Lear Bases Rosy Outlook on Economy, New Sales
Auto-interiors supplier Lear Corp. said Thursday it would grow its profit in 2004 as the company reaps the benefits of new business and an improving economy. Lear, in a presentation with analysts in conjunction with the North American International Auto Show, said it expects to earn $5.85 to $6.25 per share this year, in line with the analyst consensus estimate of $6.11. The forecast also beats the 2003 earnings-per-share consensus estimate of $5.51.
Thomas Group Names New CEO
Professional services firm Thomas Group has named James “Jim” Taylor CEO and president of the company, effective Jan. 13. Taylor succeeds John Hamann as CEO. For the last three years, Taylor has served as Thomas Group’s executive vice president and CFO. He has been credited for successfully returning Thomas Group to profitability following the 2001 consulting industry downturn and global recession. Taylor will remain CFO on an interim basis while assuming his new responsibilities.
Bridgestone Americas’ Lampe To Retire
John Lampe, chairman, CEO and president of Bridgestone Americas Holding, who led the company’s remarkable recovery after devastating tire recalls in late 2000 and early 2001, announced today that he is retiring effective Mar. 31. He will be succeeded as chairman and CEO of BAH by Mark Emkes, currently chairman, CEO and president of Bridgestone/Firestone North American Tire (BFNAT). Lampe announced his retirement this afternoon during a company-wide live Web cast and conference call. In addition, Lampe and Emkes granted Tire Review an exclusive in-depth interview about the retirement and the company’s future plans earlier this morning.
Herman Trend Alert: What Some Recruiters Look For
As futurists, we are often asked by concerned parents what advice they should give to their children. What courses to take? Where will the jobs be in the future? Because of the speed of evolution of occupations and technology, we recommend that young people study liberal arts to gain a good grounding in a wide range of areas. Students learn how to research and explore, solve problems and make decisions, challenge and collaborate—vital skills in today’s workplace. We’ve seen another trend emerging recently.