Chris Patterson, President and CEO, Freightliner to Speak at MATS Breakfast
Attendees at the 16th Annual Breakfast & Briefing on March 24 at the Mid-America Trucking Show (MATS), in Louisville, KY, can get a jump-start on the day and hear the insights of Chris Patterson, president and CEO of Freightliner LLC. Patterson will present his experiences from more than 25 years in the heavy duty industry. He provides vision and direction for DaimlerChrysler’s NAFTA Truck Operations, as well as managing Freightliner LLC and affiliated companies; Sterling Trucks, Western Star Trucks, Thomas Built Buses, Freightliner Custom Chassis Corp., Detroit Diesel Corp. and Axle Alliance Co.
William Kozyra Appointed to Continental AG Executive Board
The Continental AG Board of Supervisors has appointed William Kozyra as a deputy executive board member. The appointment takes effect immediately. Kozyra is president and CEO of Continental Teves Inc. in Auburn Hills, MI. He is responsible for the automotive systems division’s NAFTA business. According to the company, this appointment underscores the growing significance of this region for Continental and demonstrates the company’s strong international orientation, now reflected at the executive board level as well.
Siemens VDO Completes Acquisition of Specific American Electronic Components
Siemens VDO completed the acquisition of some of American Electronic Components, Inc.’s (AEC) employees, assets and technology. AEC, located in Elkhart, IN, designs, manufactures and markets sensors used in automotive, heavy truck, off-highway and marine applications. In the immediate future, Siemens VDO intends to utilize the former AEC location as the company’s North American headquarters for its Sensors division.
Bosal Creates Aftermarket Rewards Program for Technicians
Bosal USA has created a new special rewards program for professional automotive technicians who buy and install Bosal replacement and performance exhaust products. Bosal has teamed up with Aftermarket Rewards, a business-to-business rewards program specializing in serving automotive aftermarket companies. Through the new program, Bosal customers will be able to earn points based on the value of their Bosal purchases and redeem those points for merchandise and apparel.
CRP 2006 Belt Application Catalog Unveiled At AAPEX
CRP Industries, an exclusive distributor of ContiTech branded belts in North America, announced at AAPEX this week that its 2006 domestic and import catalogs are ready for distribution. Founded in 1954 as the North American partner of Continental AG, CRP ships products from distribution centers in New Jersey, California, Canada, and Mexico. The company’s extensive product lines span three market segments: automotive replacement parts, high-speed motors and industrial hoses.
Eaton Reports Third Quarter; Truck Segment Strong, Automotive Sales Up a Percent
Diversified industrial manufacturer Eaton Corp. posted an overall net income per share of $1.30 for the third quarter of 2005, an increase of 19 percent over net income per share of $1.09 in the third quarter of 2004.
CCAR Announces 2005-06 Board of Directors
The Coordinating Committee For Automotive Repair (CCAR) has announced the members of its board of directors and executive committee for 2005-06.
Haas Named National Sales Manager For Hella Inc.
Jeff Haas has been named national sales manager for the Special Original Equipment (SOE) Division at Hella Inc., Hella’s aftermarket sales group in North America.
Detroit Diesel Announces Management Appointments
Detroit Diesel Corporation (DDC) announced the appointments of John Galbraith to the position of chief quality officer and Glenn Lysinger to the newly created position of chief compliance officer. Both will report to Carsten Reinhardt, president and chief executive officer of Detroit Diesel Corporation.
Eaton Reports Second Quarter, Automotive Profits Up 3 Percent From Previous Year
Diversified industrial manufacturer Eaton Corporation announced net income per share of $1.37 for the second quarter of 2005, an increase of 33 percent over net income per share of $1.03 in the second quarter of 2004. Sales in the quarter were a record $2.83 billion, 18 percent above the same period in 2004. Net income was $209 million compared to $161 million in 2004, an increase of 30 percent.