Autospecialty Announces Executive Promotions
Autospecialty has announced a number of executive promotions. Larry Fidance has been promoted to vice president of marketing for the entire company.
Class-action Decision Delayed in BAH Hearing; Firestone Recalls Another 297,000 Steeltex Radial A/T tires
An Indio, Calif., hearing to determine if a lawsuit over Bridgestone/Firestone’s Steeltex tire brand should gain class-action status has been postponed until Mar. 17. The hearing was originally scheduled for Feb. 25. California Superior Court Judge Christopher Sheldon delayed the decision, saying he wanted a shorter version of the motion filed by Bridgestone Americas Holding (BAH) opposing class-action certification. In related news, late yesterday afternoon Bridgestone/Firestone North American Tire announced a voluntary safety campaign in the U.S. to replace approximately 297,000 Steeltex Radial A/T tires in size LT265/75R16 LR D (Load Range D) on 2000-2002 and some early 2003 model year Ford Excursions. The company said preliminary data suggests that there could be an issue concerning the performance of these tires. The Wall Street Journal reported Thursday that the new recall was initiated following three fatal crashes that claimed five lives.
CBS Segment Featuring ASA’s Ron Pyle Sparks Criticism from Insurers, Repairers
The Automotive Service Association’s (ASA’s) Chief Staff Executive Ron Pyle was recently featured in two CBS programs that addressed the issue of insurer-owned body shops. A number of insurers and repairers responded negatively to the segment, including the National Auto Body Council (NABC), which sent a stern letter to CBS News stating that the segment didn’t live up to its sensationalized billing, when Dan Rather told the viewing audience to stay tuned to see how consumers are possibly being ripped off by collision repair shops.
ASA Chief Staff Executive Addresses Consumer, Insurer Issues on Two CBS Programs
The Automotive Service Association (ASA) and its Chief Staff Executive Ron Pyle played a significant role in two CBS programs that addressed the issue of insurer-owned body shops. Pyle was recently interviewed at ASA’s headquarters in Bedford, Texas, and appeared Wednesday, Feb. 11, on the “CBS Evening News” during its “Eye on America” segment. On Thursday, Feb. 12, Pyle provided follow-up coverage on this issue when he was interviewed again by CBS during an appearance on “The Early Show.”
Champion Appoints a New President
John Evans, senior vice president of sales and marketing for Champion Laboratories, has been named president of the Albion, Ill.-based automotive parts manufacturer. Evans, a native of Vincennes, Ind., has been with Champion Laboratories for 20 years. He replaces Tom Mowatt, who has taken retirement.
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.
Holley and DuPont to Sponsor Second Annual NHRA National Hot Rod Reunion, June 18-20
Holley and DuPont Automotive Finishes, the major sponsors of last year’s inaugural NHRA National Hot Rod Reunion, have signed on again for the second annual event. The second annual Holley NHRA National Hot Rod Reunion, presented by DuPont Automotive Finishes, is set for June 18-20, at Beech Bend Park, in Bowling Green, Ky. Like last year, Holley is the title sponsor while DuPont Automotive Finishes is the presenting sponsor.
Earl Scheib Elects Independent Chairman, Adopts New Nominating Process
The board of directors for Earl Scheib Inc. has elected Robert Smiland as independent chairman of the board. Smiland replaces interim chairman Christian Bement, who continues as the company’s CEO. Additionally, the board has reconfigured its director-nominating process to establish that nominations will be reviewed and approved by the three current independent directors.
International Speedway Reports Fourth Quarter And Year-End Results
International Speedway Corp. (ISC) has reported results for the fourth quarter and year, which ended on Nov. 30, 2003. Total revenue for the 2003 fourth quarter was $164.7 million, compared to $171.7 million in 2002. Operating income for the fourth quarter was $56.5 million compared to $65.3 million for the prior year. Net income was $31.6 million, or $0.60 per diluted share, compared to $37 million, or $0.70 per diluted share, in the fourth quarter of 2002.
Siemens VDO Automotive Presents 2003 Rep of the Year Award
Siemens VDO Automotive has presented Mike Wirth and Doug Mathe of RepWorks Marketing with their 2003 Rep of the Year Award. RepWorks Marketing is responsible for Siemens VDO’s automotive aftermarket sales activities in California, Arizona and Nevada. RepWorks Marketing has represented Siemens VDO Automotive for approximately four years. RepWorks is headquartered in Los Angeles, Calif., and has an office in Phoenix, Ariz.