Delphi Appoints Three New Sales Managers in North America
Delphi Corp. has named three new sales managers for North America. Jim Eady, Darrel Reuss and Steve Tucker will serve as regional sales managers for vehicle electronics in North America for Delphi Product & Service Solutions. Eady will cover the Southeast, Reuss the Midwest and Tucker the Northeast and all will report to Scott Donnelly, North American vehicle electronics sales manager.
Ex-Federal-Mogul Chairman Returns
Federal-Mogul Corp., an auto-parts maker operating under bankruptcy protection since October 2001, said Robert Miller has returned as chairman, replacing former CEO Frank Macher. Miller was Federal-Mogul CEO in September 2001 before he left to take the same position at Bethlehem Steel Corp., a company that’s also in bankruptcy protection. Miller’s appointment to chairman took effect Sunday, after Macher’s contract expired, the Southfield-based parts maker said in a statement.
MPA Name Change is Official
In an exclusive interview from October 2003, Motorcar Parts & Accessories (MPA) Chairman, President and CEO Selwyn Joffe, indicated that MPA’s shareholders would soon vote on a proposal to change the company’s name. That name change is now official. Motorcar Parts & Accessories has changed its name to Motorcar Parts of America to better reflect its position in the markets it serves.
ASA Names New Vice President of Communications, New Manager of Web Operations
Angie Wilson has been named the Automotive Service Association’s (ASA) new vice president of communications. She replaces Ken Roberts, who has left the position to pursue opportunities in another industry, according to ASA. ASA has also promoted Colby Horton to manager of Web operations.
ArvinMeritor’s Yost to Discuss Heavy Duty Supplier Industry Trends at Heavy Duty Dialogue
Larry Yost, chairman and CEO of ArvinMeritor will discuss the challenges facing the heavy duty supplier industry at Heavy Duty Dialogue 2004, slated for Feb. 9 and 10. The event will take place at the Atlanta Airport Hilton and Towers, Atlanta Hartsfield International Airport, Atlanta, Ga. This is 13th in the biennial series presented by the Heavy Duty Manufacturers Association (HDMA).
TI Automotive Wins $1.2 Billion in New Business
TI Automotive recently won contracts in its fuel systems division valued at more than $1.2 billion from automotive manufacturers in Europe, Asia and North America. Beginning with 2006-model-year production, the fourth-quarter contract awards include complete fuel systems and subsystems for a range of products,
Universal Automotive Acquires Three Brands from TRW Automotive’s Kelsey-Hayes Subsidiary
Universal Automotive has purchased several business assets of TRW Automotive’s Kelsey-Hayes subsidiary. The Livonia, Mich.-based businesses sold for $11 million in cash plus additional contingent payments. Universal has acquired the Autospecialty, ValuMaxx and Power Stop brands from Kelsey-Hayes. It also has entered into a licensing agreement for the use of the TRW trademark for premium quality brake rotors and drums and a supply agreement for TRW suspension products.
Four CART Board Members Resign
James Hardymon, James Henderson, Rafael Sanchez and Frederick Tucker have resigned from the Championship Auto Racing Teams (CART) board of directors, leaving President and CEO Christopher Pook as the sole member of the board. Their resignations come after the recent news that CART’s assets of would be bought out by Open Wheel Racing Series LLC, following a failed merger attempt between the two racing organizations.
Starcraft Shareholders Approve Merger With Wheel to Wheel, Tecstar
Shareholders of aftermarket and OEM supplier Starcraft Corp. have voted to approve a proposed merger agreement with Troy, Mich.-based Wheel to Wheel, Inc., an automotive engineering and design business. The transaction has received all required regulatory clearance and the merger is expected to close by the middle of January. In 1988, Starcraft and Wheel to Wheel jointly formed Tecstar, which provides and installs appearance enhancement items on vehicles provided by and returned to an original equipment manufacturer. The new agreement calls for Starcraft to acquire the remaining 50 percent ownership of Tecstar LLC and Tecstar Canada that it does not currently own by acquiring closely held Wheel to Wheel. The transaction merges Wheel to Wheel into a newly created subsidiary of Starcraft, which will exchange Starcraft common shares for shares of Wheel to Wheel.
Cooperation Urged in Auto Costs Fight
As a former Ford Motor Co. executive, Kathleen Ligocki knows about the carmakers’ mission to slash supplier prices. But in order to survive long-term, automakers must work with suppliers to take out the waste, said Ligocki, now chief executive of Tower Automotive. Speaking on an Automotive News World Congress panel Monday in Dearborn, Mich., Ligocki, a former vice president for Ford customer services, called for a collaborative effort between suppliers and carmakers to improve both sides’ bottom lines.