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R. L. Polk & Co’s Ask the Industry Looks at the Year Ahead for Aftermarket Companies

With every new year, it is common practice, both in business and in one’s personal life, to evaluate the past 12 months – what went well, what didn’t – and create a plan to make improvements for the new year. For the first Ask the Industry of 2007, we asked a couple of aftermarket professionals what they anticipate will be the biggest issues for their companies this year.

Federal-Mogul Appoints Robert Katz, Vice President and General Counsel

Robert "Bobby" Katz has been named vice president and general counsel of Federal-Mogul Corp, effective Jan. 8, 2007. He has also been named an officer of the company. Katz will assume overall global responsibility for all legal affairs at Federal-Mogul Corp. Previously, Katz was general counsel and regional compliance officer for Delphi’s Europe, Middle East and Africa (EMEA) operations, headquartered in Paris, France. In his seven-year tenure with Delphi, Katz established and led the EMEA legal department, following Delphi’s spin-off from GM in 1999.

Littelfuse Appoints New VP of Human Resources and General Counsel

DES PLAINES, IL — Littelfuse has appointed Ryan Stafford as vice president, human resources and general counsel, effective Jan. 1, 2007. Stafford comes to Littelfuse from Tyco International, where he created the global legal function for Tyco Engineered Products & Services, a $7 billion division. Subsequently, he moved to China to establish a Shanghai-based corporate

AFS Kicks Off Today in Chicago

CHICAGO — The second annual Automotive Financial Symposium, hosted by the Automotive Aftermarket Industry Association, kicks off today at the Hyatt Regency O’Hare in Chicago. The first day of this day-and-a-half event will feature speaker presentations on such topics as outsourcing, protecting business from fraud, mergers and acquisitions and growth strategies. The day will also

AAIA Report Shows Aftermarket M&A Highest Since 1999

The number of merger and acquisition deals in the U.S. automotive parts and accessories industry rebounded in 2005, according to the Automotive Aftermarket Industry Association (AAIA). A total of 56 reported mergers and acquisitions occurred among aftermarket businesses in 2005, the highest number of deals since 1999. Aftermarket manufacturers accounted for 57 percent of the industry’s mergers and acquisitions in 2005 with 32 deals. The number of reported wholesaler deals also increased substantially, rising from five in 2004 to 21 in 2005, says AAIA.

AutoPartSource Names New VP and General Manager

National undercar parts manufacturer AutoPartSource has appointed Stephen Schnell as vice president and general manager. Most recently with General Motors, Schnell brings more than 35 years of experience in the domestic and international arenas to AutoPartSource. Schnell has led key initiatives in strategic planning, business planning, marketing, competitive analysis, new business development, mergers and acquisitions and finance. His last assignment at GM was as the chief financial officer of GM Service Parts Operations International, a $300 million distributor of automotive spare parts.

Mulally Hire Lets Ford Get Back to Big Picture

With new chief executive Alan Mulally at the helm of the ailing Ford Motor Co., Chairman Bill Ford can return to the automotive tasks he treasures: inspiring the workers and fans of the company founded by his great-grandfather 103 years ago and envisioning how it can find its way through a second century.

Ford Cuts Output

A rapid decline in pickup sales helped push Ford Motor’s decision to slash fourth-quarter production by 21 percent, a move that will take the automaker to its lowest production level since the fourth quarter of 1981.

The Collapse of American Remanufacturers Inc: An In-depth Look at ARI’s Fall into Bankruptcy

At one time, American Remanufacturers, Inc. (ARI) was huge, with a near legendary aftermarket executive at the helm. But in the span of 25 months, the honeymoon between ARI and its new CEO Larry Pavey was more than over — it had ended in a bitter divorce that jeopardized the reputation of a respected leader, sending the company first into Chapter 11 bankruptcy, then a disastrous Chapter 7 filing that shuttered ARI’s nine businesses across North America. It left 1,600 workers without jobs, other manufacturers without product, distributors without a supplier and a question mark over the future of the remanufacturing industry in the U.S.

PART II — The Collapse of American Remanufacturers Inc: An In-depth Look at ARI’s Fall into Bankruptcy

There were certainly many internal factors that lead to the collapse of ARI. Indeed, troubled mergers and internal accounting problems are not new in business. But for the industry at large, ARI’s story poses broader questions about foreign competition and the market’s ability to adapt to today’s rapidly changing global dynamics.