PERA Announces Schedule for 2004 Marketing and Technical Program
The Production Engine Remanufacturers Association (PERA) has announced the schedule for its 2004 Marketing and Technical Program, which is slated to take place April 1-3 at the Seelbach Hilton Hotel, in Louisville, Ky.
Drivers Identify Almost 1,800 Unmet Needs, According to New Study
According to a new study conducted by global market research and consulting firm the RDA Group, automotive manufacturers are not keeping pace with their customers’ needs when it comes to such items as interior customization, vehicle control assistance, traffic awareness, vehicle monitoring, visibility enhancements, better in- vehicle food and beverage management, cabin temperature maintenance and child protection.
Cavanaugh Named Assistant Treasurer at Goodyear
Goodyear Tire & Rubber has named John Cavanaugh assistant treasurer. Cavanaugh joined Goodyear in July 2003 as director, treasury. Prior to that, he had been director of capital markets for Visteon. Cavanaugh joined the autoparts maker in June 2000 as manager of cash and pension investments. He worked at Kmart Corp. in financial analysis and treasury from 1998 to 2000.
ArvinMeritor Launches Search for CEO Successor
ArvinMeritor’s board of directors has retained an international executive search firm to identify a successor to Larry Yost, chairman and CEO. Yost said he will remain in his current capacity until a successor is found.
Deadline Approaching for Participation In Top Aftermarket Suppliers List
The deadline for participation in the 2004 Top Automotive Aftermarket Suppliers List, published by Automotive Aftermarket Suppliers Association (AASA), the aftermarket segment of the Motor & Equipment Manufacturers Association (MEMA), has been extended to Friday, Feb. 13. Produced by Babcox Publications, this multi-page, full-color publication will feature insightful information on the largest suppliers to the automotive aftermarket. The form to participate is available online at http://www.aftermarketnews.com/top70.asp. The 2003 AASA Top Aftermarket Suppliers list is also available at the link.
Bill Grote Names Eric Morris President and COO of Grote Industries, Grote to Assume Chairman/CEO Role
Eric Morris has been appointed to the newly created post of president and COO at Grote Industries. William (Bill) Grote III will assume duties of chairman and CEO at the 103-year-old family owned company. Grote Industries is a designer and manufacturer of vehicle safety systems. Headquartered in Madison, Ind., Grote manufactures LED and incandescent lamps, mirrors, obstacle detection systems, reflective accessories and wiring components. The company has other manufacturing plants in Toronto and Waterloo, Canada, as well as Monterrey, Mexico.
Compuware Panning to Buy Covisint
Compuware Corp., the largest high-tech company based in Michigan, is expected to announce that it will purchase financially struggling Covisint LLC, according to documents on Compuware letterhead obtained by the Detroit Free Press. The acquisition, expected to be completed within 30 days for an undisclosed “small cash transaction,” ends the most expensive Internet start-up and flop ever launched in Michigan.
American Axle & Manufacturing Elects New Board Members
American Axle & Manufacturing Holdings (AAM) has appointed two new members to its board of directors: Dr. Henry Yang, chancellor at the University of California, Santa Barbara, and Thomas Martin, a retired DaimlerChrysler financial executive.
Polk Canada, Inc. Changes Name to R. L. Polk Canada, Inc.
R. L. Polk & Co., the world’s largest automotive market intelligence, database marketing and retail consulting company, announced that its Canadian subsidiary has changed its name to R. L. Polk Canada, Inc. as part of the company’s overall global branding strategy.
Gentex Reports Record Results for the Fourth Quarter and Year
Gentex Corp., the Zeeland, Mich.-based manufacturer of automatic-dimming rearview mirrors, has reported record revenues and net income for the fourth quarter and year, which ended Dec. 31, 2003.