Survey Shows Public Wary of Government Running Auto Companies
More than half of consumers think auto companies’ bailouts were bad idea, says AutoPacific.
Big Week for Two of the ‘Big Three’
General Motors nears bankruptcy; ruling on Chrysler/Fiat merger expected soon.
The Week in Review (April 27-May 1, 2009)
The Week in Review offers a snapshot of the most highly read stories of the week as seen on aftermarketNews. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, just click on the link that says “News Archives” at the bottom of the page to begin catching up on the latest industry news.
The Week in Review (March 30 – April 3, 2009)
The Week in Review offers a snapshot of the most highly read stories of the week as seen on aftermarketNews. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, just click on the link that says “News Archives” at the bottom of the page to begin catching up on the latest industry news.
The Future of Cool: A Look at the Latest Trends in Mobile Refrigerants
Competition appears to be heating up between automakers from the U.S and Europe in terms of which type of cabin cooling system will be used in new vehicles coming off the lines in 2011, replacing the current HFC-134a-based systems.
DURA Automotive Systems Announces Global Reorganization
DURA Automotive Systems has announced a comprehensive restructuring of the company into four global business units.
Ford Plans to Park Jaguar, Land Rover with Tata Motors
In what could be one of the most significant shifts of clout in the auto industry, Ford Motor will hand over the keys to its high-class Jaguar and Land Rover brands to a relatively unknown Indian conglomerate that wants to be a high-end player. The sale is expected to be announced today, according to a source briefed on the negotiations who did not want to be named because the deal had not yet been made public. Tata is to pay about $2 billion for the two brands, which cost Ford $5.3 billion, and continue building the British vehicles in the U.K.
Lear Establishes Global Operating Structure for its Seating, Electrical and Electronic Businesses
SOUTHFIELD, MI — Lear Corp. has announced it is establishing a global operating structure for its two business groups. In conjunction, Louis Salvatore has been appointed president, Global Seating Systems, and Raymond Scott has been named president, Global Electrical and Electronic Systems. In their new roles, Salvatore and Scott will continue to report to Lear
European Commission Says Car Manufacturers Must Now Share Info with Independent Garages
From Tire Review/Tyres & Accessories Staffordshire, U.K. — The European Commission has moved to ensure that car manufacturers will provide technical information about car repairs to all independent garages in the European Union. According to a Dow Jones report, the decision will legally bind DaimlerChrysler, Toyota, General Motors and Fiat to change their business practices
R.L. Polk & Co.’s Ask the Industry Looks at the Recent PAACE Automechanika Mexico in Mexico City
PAACE Automechanika Mexico took place for the eighth time from July 11-13 in Mexico City. Around 500 companies exhibited at the event, which attracted some 15,000 visitors. We asked some industry executives what they thought of this year’s show, as well as their general thoughts about the importance of the Mexican aftermarket.