From Counterman.com: The Globalization of the Groups
It was bound to happen: Globalization has come to programmed distribution. Of course, it was just a matter of time, as the industry quickly moves in directions that increasingly point outside U.S. borders, sometimes across entire oceans.
Delay Asked for Dana Ruling
From Detroit Free Press Dana Corp. and two labor unions asked the judge overseeing the auto parts maker’s bankruptcy to delay ruling until Friday on whether Dana can reject its contracts with unionized workers. The company and the unions said in a joint letter Monday to U.S. Bankruptcy Court Judge Burton Lifland in Manhattan that
From Counterman.com: Breaking Rank
Counterman Publisher Jon Owens discusses the recent break of O’Reilly from program group, Aftermarket Auto Parts Alliance.
Federal-Mogul Bankruptcy Emergence Delayed
Auto parts giant Federal-Mogul Corp. spent four days in bankruptcy hearings this week in Pittsburgh but was unable to gain approval of its reorganization plan this week.The company’s bankruptcy confirmation hearings have been adjourned to July 9-10, said Robert Shannon, a partner with law firm Bell Boyd & Lloyd LLC in Chicago and a lawyer for Federal-Mogul’s shareholder committee.
Delphi, Union Reach Tentative Wage Pact
From AFX News Limited DETROIT — Struggling auto parts maker Delphi Corp. reached a tentative wage-cutting agreement Friday with its largest union in what may set the pattern for future pay in the U.S. automotive parts industry. The deal, which still must be voted on by Delphi members of the United Auto Workers, was signed
Kornafel Appeals for Industry Collaboration to Make Scholarship Applications Easier for Students
Pete Kornafel is on a mission — to organize a website that would serve as a one-stop application portal for aftermarket scholarships, and he is appealing to the industry to help make the site a comprehensive reality. Kornafel, who is CARQUEST vice chairman, is passionate about the topic of automotive education. He currently serves as chairman of the Global Automotive Aftermarket Symposium (GAAS) Scholarship Selection Committee, which has provided more than $1 million in scholarships over the last dozen years. In 2007, GAAS awarded 142 U.S. and 12 Canadian scholarships. He points out, however, that there were some 400 qualified applicants. Kornafel strongly believes that getting more organizations involved will increase students’ chances of getting awards, or multiple awards from different organizations or companies, all based on just one application. And of course, more students mean more technicians, which is good for the entire industry.
The Week in Review (June 18-22, 2007)
By Amy Antenora Editor The Week in Review offers a snapshot of the most 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, click on any of the dates listed at the bottom of
Federal-Mogul to Seek Court OK: Hearing Today is on Firm’s Bankruptcy Exit Plan
After spending nearly six years in bankruptcy protection to settle hundreds of thousands of asbestos lawsuits, Federal-Mogul Corp. is due in a Delaware court Monday for the last major hearing in its bankruptcy case. The Southfield, MI-based auto-parts maker will ask U.S. Bankruptcy Judge Judith Fitzgerald to approve its reorganization plan, putting the company on the path to exit bankruptcy.
Executive Interview with Benny Araujo, Marketing Manager for Four Seasons
This week we hear from Benny Araujo, marketing manager for Four Seasons. Araujo has worked for Four Seasons since 1998. Prior to joining Four Seasons, he worked as a sales manager for Dayco Products. Araujo began his career in 1985 with Eaglemotive (Kool Klutch/Imperial), working in the marketing department. A graduate of the University of Texas-Arlington, Araujo has a BBA in Marketing. In this AMN exclusive, Araujo talks about the company, its reman products and their environmental benefits and the impact of being a ‘seasonal’ business.
OEM Releases Branded ‘Spin-On’ Oil Filters
FORT LAUDERDALE, FL –Original Engine Management (OEM) recently released branded ‘spin-on’ oil filters in June, completing its filtration line. New senior product manager Allen Wright was responsible for bringing this new product to market. “The OEM oil filter line design features match to fit and functionality of the vehicle’s original parts. The line also reflects