GM Chairman to Take Over Day-to-Day Operations
With troubles at the General Motors Corp.’s mammoth North American car and truck business dragging GM stock to 10-year lows, Chairman and CEO Rick Wagoner surprised investors and insiders alike by announcing he was taking over the day-to-day operations himself.
Navistar Wins Department of Defense Contract for Afghanistan Rebuilding Program
Navistar International Corp. has won a contract from the U.S. Army Tank-Automotive and Armaments Command (TACOM) to provide vehicles for the Afghanistan National Army to conduct operations in support of rebuilding and providing stability in Afghanistan. The contract has a potential value of $467 million.
The Top Ten Newsmakers of 2004
For the first time ever, Counterman magazine and aftermarketNews.com bring you The Top 10 Newsmakers of the Year. Our editorial team took a look at some of this industry’s most influential leaders and selected the 10 we believe have had a direct impact on the success of the aftermarket in 2004. Beyond that, we believe these individuals have helped set the stage for an even more productive future for our industry.
Fusor Named Preferred Supplier by Keystone Automotive
Keystone Automotive has named Lord Corporation’s Fusor Automotive Repair Adhesives a preferred supplier. Fusor Automotive is a provider of metal and composite bonding solutions for automotive body repair. Lord Corp. provides its full product-line of Fusor Automotive Repair Adhesives to Keystone Automotive Industries, specifically their adhesives for metal bonding, plastic repair and bumper repair; as well as their seam sealers and foams. According to the Keystone supplier performance summary, Lord earned 100 points on a rating scale with a total possible 100 points. Program criteria included quality, order fill rate and order lead-time.