The Week in Review (Jan. 2-5, 2007)
By Amy Antenora Editor The Week in Review offers a snapshot of the most read stories of the week as seen on aftermarketNews.com. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, click on any of the dates listed at the bottom of
The Week in Review (Dec. 18-29, 2006)
By Amy Antenora Editor The Week in Review offers a snapshot of the most read stories of the week as seen on aftermarketNews.com. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, click on any of the dates listed at the bottom of
The Top Ten Newsmakers of 2006
For the third year in a row, the editorial staffs of aftermarketNews and Counterman magazine have selected 10 individuals who have made an impact on the industry this past year. The list is presented in alphabetical order.
The Week in Review (Dec. 11-15, 2006)
By Amy Antenora Editor The Week in Review offers a snapshot of the most read stories of the week as seen on aftermarketNews.com. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, click on any of the dates listed at the bottom of
The Week in Review (Dec. 4-8, 2006)
By Amy Antenora Editor The Week in Review offers a snapshot of the most read stories of the week as seen on aftermarketNews.com. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, click on any of the dates listed at the bottom of the
The Week In Review (Nov. 13-17, 2006)
By Amy Antenora Editor The Week in Review offers a snapshot into the most read stories of the week as seen on aftermarketNews.com. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, click on any of the dates listed at the bottom of
The Week in Review (Sept. 25-29,2006)
By Amy Antenora, Editor The top news story on aftermarketNews this week reported on the upper management shake-up at CSK Corp., following an internal investigation into accounting errors that have resulted in about $92 million in overstatements in vendor allowances and surplus inventory before 2005. The company’s president and COO Martin Fraser, CFO Don Watson,
The Collapse of American Remanufacturers Inc: An In-depth Look at ARI’s Fall into Bankruptcy
At one time, American Remanufacturers, Inc. (ARI) was huge, with a near legendary aftermarket executive at the helm. But in the span of 25 months, the honeymoon between ARI and its new CEO Larry Pavey was more than over — it had ended in a bitter divorce that jeopardized the reputation of a respected leader, sending the company first into Chapter 11 bankruptcy, then a disastrous Chapter 7 filing that shuttered ARI’s nine businesses across North America. It left 1,600 workers without jobs, other manufacturers without product, distributors without a supplier and a question mark over the future of the remanufacturing industry in the U.S.
PART II — The Collapse of American Remanufacturers Inc: An In-depth Look at ARI’s Fall into Bankruptcy
There were certainly many internal factors that lead to the collapse of ARI. Indeed, troubled mergers and internal accounting problems are not new in business. But for the industry at large, ARI’s story poses broader questions about foreign competition and the market’s ability to adapt to today’s rapidly changing global dynamics.
Shifting Landscape Puts UAW on Edge
As far as regional director Jimmy Settles is concerned, his United Auto Workers union needs to polish its image. But recently, when he invited one of the industry’s foremost experts on labor economics to explain how to accomplish this to his Detroit-area local, his phone rang off the hook.