Tenneco Reports Strong Cash Flow in Second Quarter
Strong cash flow resulted in $65 million reduction in net debt in the quarter.
NASTF Announces Fall Meeting Date
In addition to the regular committee and organization reports, the meeting agenda includes an update and discussion on the State of the Industry and a panel on non-key code uses for the Secure Data Release Model.
Bosch Looks to Sell Parts of its Brake Business
“Bosch has begun reviewing alternatives for its North American Foundation Brake Business, including discussions with a prospective buyer,” the company said in an official statement.
Indy Racing League Coming to Barber Motorsports Park in Birmingham, Ala.
Tickets to the Indy Grand Prix of Alabama will be available in September.
CCC Convenes Initial Meeting of Repair Advisory Panel
Formalized in April, the group reviews and discusses potential modifications or enhancements to CCC’s estimating products to provide the company with direct input into how new or revised solutions may impact the various participants.
C. Thomas Harvie to Retire as Goodyear General Counsel
Board of Directors elects TRW’s David Bialosky to succeed Harvie.
Timken Reports Second-Quarter Results; Company to Sell Needle Bearing Business to Toyota Affiliate
The results reflect lower sales volume and manufacturing utilization, which were partially offset by favorable pricing and cost-reduction initiatives.
Several Northwood University Fall Term Scholarships Available for Aftermarket Professionals, Family Members
The Northwood University BBA in Automotive Aftermarket Management is the only accredited bachelor’s degree of its kind in North America, Europe or Asia.
Metaldyne Submits Stalking Horse Bids for Most of Its Powertrain and Chassis Operations
The auctions will be held in early August.
PACCAR Announces Second Quarter Revenues and Earnings
Company says difficult markets impact operating profit.