SEMA Chairman Named 2004 Meguiar’s Award Recipient
Corky Coker of Coker Tire, chairman of SEMA’s board of directors, was chosen as the 2004 Meguiar’s Award recipient by the Meguiar’s Award Selection Committee. The award recognizes individuals who have significantly impacted the collector-car hobby. Past recipients include: Steve Earle, founder of the Historic Sports Car Racing Association; Robert Petersen, founder of Motor Trend and Hot Rod magazines; and “Tonight Show” host Jay Leno.
Noble International Raises Annual Dividend
The board of directors for automotive parts supplier Noble International has approved an increase in its annual dividend to $0.40 per share of common stock. The higher payout represents an increase of 25 percent from the current annual dividend of $0.32 per common share. The new quarterly payout of $0.10 per common share will be paid on the next quarterly dividend.
Family Affairs at Two North American Supplier Giants Could Spell Trouble
The family ownership rampant among mid-sized German suppliers is sometimes seen as a liability compared to North America’s bottom line-obsessed car parts makers. But last week, two of North America’s biggest suppliers — Lear and Magna — looked more like fickle family enterprises than the publicly traded automotive giants they are.
NASTF Updates OE Service Information Matrix
The National Automotive Service Task Force (NASTF) has updated its OE Service Information Matrix. NASTF established the OE Service Information Matrix in 2001 with the assistance of the International Automotive Technicians’ Network (iATN). The matrix provides OE company contacts for obtaining service information, training materials and tools. The update incorporates revisions since the October 2003 update. The matrix is updated quarterly, with the next update scheduled for April 2004.
NAPA/ASE Name Parts Specialist of the Year
Mike Mrozinski, a manager at Capital and Auto National Truck Service in Albany, N.Y., was recently named the 2004 NAPA/ASE Parts Specialist of the Year. Now in its fifth year, the NAPA/ASE Parts Specialist of the Year is awarded to a parts professional within the NAPA organization who demonstrates superior parts knowledge and business practices, a commitment to customer service and training, involvement in the community and outstanding service to the automotive parts, repair and maintenance industry. Judges include representatives from ASE, trade press, universities and aftermarket industry associations. Mrozinski was unanimously selected by the judges.
Dupli-Color TV Commercial Receives Advertising Award
Automotive paints, primer and coatings manufacturer Dupli-Color Products Group was the recipient of a Gold ADDY. The Cleveland ADDY Awards Competition is the first of a three-tiered national competition conducted annually by the American Advertising Federation (AAF). The ADDY Awards Competition is the industry’s largest and most representative competition for creative excellence.
Universal Technical Institute Signs Lease for New Campus in Pennsylvania
Universal Technical Institute (UTI) has entered into a long-term lease agreement for a new UTI campus near Exton in southeastern Pennsylvania. Encompassing approximately 160,000-square-feet, the new facility is expected to open in summer 2004. The new UTI-Exton campus will initially offer programs in automotive technology to diagnose, service and repair automobiles.
Modine Expands Aftermarket Radiator Model Coverage
The aftermarket division of Modine Manufacturing has added more than 100 complete replacement radiators to its 2004 product line. The expanded radiator line, currently available, includes thousands of applications from domestic and import cars and light trucks. Modine’s aftermarket supplies replacement radiators both nationally and internationally, including distribution through major national accounts like NAPA, Pronto, Parts Plus, APA, independent automotive parts distributors, and more than 25,000 local repair outlets.
Sarah Fisher and Larry Hoofnagle to be Featured on C.A.R. Show
IRL IndyCar Series driver and Raybestos Safety Campaign spokesperson Sarah Fisher, and Larry Hoofnagle, director of marketing for Brake Parts Inc., will be featured on the C.A.R. Show radio program on Saturday, January 31. The broadcast will air between 9 – 11 a.m. EST. During the broadcast, Hoofnagle and Fisher will discuss the importance of vehicle maintenance and the need to educate consumers about taking proper care of their vehicle’s braking system through annual brake inspections, maintenance and repair.
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.