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Executive Interview with Paul Foley, Vice President, Automotive Aftermarket Suppliers Association (AASA)

Our latest edition of “Executive Interview” features Paul Foley, vice president of the Automotive Aftermarket Suppliers Association (AASA), a market segment of the Motor & Equipment Manufacturers Association (MEMA). Join us as Foley brings us up to speed on the rapid growth of AASA since its creation two years ago, as well as several industry initiatives AASA is currently focusing on.

Police Raid Home of Ex-Mitsubishi Head

Police on Monday raided the home of the former president of Mitsubishi Motors Corp., who was arrested last week on suspicion of hiding auto defects. Police on Monday raided the home of the former president of Mitsubishi Motors Corp., who was arrested last week on suspicion of hiding auto defects.

GM, Kia Face Growing Investigation

General Motors Corp. and Kia Motors Corp. are facing an expanded U.S. auto safety investigation and possible recalls because of fuel leaks that may occur on more than 760,000 vehicles. Gasoline may leak into the engine on 483,000 Cadillacs and Oldsmobile Auroras models for 1995 through 1997, the National Highway Traffic Safety Administration said. A total of 278,266 Kia Spectra and Sephia sedans from the 2000 and 2001 model years are being checked for spills during refueling, which led to the recall of 100,000 Sephias made before 2000.

Bridgestone Americas’ Lampe To Retire

John Lampe, chairman, CEO and president of Bridgestone Americas Holding, who led the company’s remarkable recovery after devastating tire recalls in late 2000 and early 2001, announced today that he is retiring effective Mar. 31. He will be succeeded as chairman and CEO of BAH by Mark Emkes, currently chairman, CEO and president of Bridgestone/Firestone North American Tire (BFNAT). Lampe announced his retirement this afternoon during a company-wide live Web cast and conference call. In addition, Lampe and Emkes granted Tire Review an exclusive in-depth interview about the retirement and the company’s future plans earlier this morning.