Parts Suppliers Face Rocky Road
About one-third of the automotive parts industry is probably headed for bankruptcy. The chilling prediction comes from Sean McAlinden, chief economist at the Center for Automotive Research in Ann Arbor, MI. He spoke at a conference for automotive writers Saturday, a week before the North American International Auto Show opens to the public Jan. 14 at Detroit’s Cobo Conference and Exhibition Center.
AMN Top Ten Week: The Top 10 Newsmakers of 2005
Now in its second year, aftermarketNews, together with its sister publication Counterman magazine, present the Top 10 Newsmakers list. While it is difficult to whittle down the number of influential leaders who are making an impact on this industry today, our editorial team has carefully compiled a list of individuals whom we believe to have left a distinct impression on the marketplace in 2005, and perhaps for years to come.
University of Aftermarket to Present Industry Standards Program
The University of the Aftermarket will be presenting the Industry Standards for Aftermarket e-Commerce Seminar on Sept. 27-28, 2005 at the Delphi Automotive Systems facility in Troy, MI. The two-day program, developed in cooperation with the AAIA Technology Standards & Solutions Committee, will give participants a complete orientation and basic implementation skills for the industry standards for electronic catalog (ACES) and product information (PIES).
University of the Aftermarket Offers e-Commerce Training
Effective e-commerce requires thorough understanding of aftermarket industry standards. In an effort to enhance member knowledge of ACES, PIES and other industry initiatives, the University of the Aftermarket is offering Industry Standards for Aftermarket e-Commerce training.
Michael Cardone Jr. Elected 2005-2006 MEMA Chairman
Michael Cardone Jr., chairman and CEO of CARDONE Industries, has been elected 2005-2006 chairman of the Motor & Equipment Manufacturers Association (MEMA) Board of Directors. He co-founded CARDONE Industries with his late father, Michael Cardone, Sr., in 1970. Today, the family business spans three generations and is the largest family-owned remanufacturer of automotive parts in the world. Cardone becomes the first remanufacturer to lead MEMA as chairman.
Analysis: Top 100 Automotive Aftermarket Suppliers
For the third year in a row, global tiremakers such as Bridgestone and Michelin have come out on top of the Automotive Aftermarket Suppliers Association’s 2005 Top 100 Automotive Aftermarket Suppliers list. In fact, the first five companies ranked are all tiremakers.
MACS 25th Anniversary Convention Gets Support from Record Number of Sponsors
“NOW IS THE TIME!” — the 25th Anniversary Convention and Trade Show of the Mobile Air Conditioning Society (MACS) Worldwide is getting support from a record number of corporate sponsors. Forty sponsors have signed up for the show, which will take place February 1-3, 2005 at the Las Vegas Hilton.
Five Industry Leaders Join MEMA Board
Five automotive supplier industry leaders joined the board of directors of the Motor & Equipment Manufacturers Association (MEMA) at the board’s meeting, which took place on Oct. 31 in Las Vegas.
Live from AAPEX: Scott Meyer Presented MEMA’s Prestigious Triangle Award
Scott Meyer, retired president of Ken-Tool in Akron, Ohio, and past chairman of the Motor & Equipment Manufacturers Association’s (MEMA) , was presented the Triangle Award, MEMA’s highest honor, last night during the association’s Executive Reception in Las Vegas.
2005 Automotive News Pace Award Finalists Named
More than 30 automotive suppliers have been named finalists in the 11th annual Automotive News PACE Award competition. Open to suppliers that contribute products, processes, materials or services directly to the manufacture of cars or trucks, the PACE (Premier Automotive Suppliers’ Contribution to Excellence) Award is presented by Automotive News, Capgemini and Transportation Research Center Inc. (TRC Inc.). Judges selected 23 finalists and 10 honorable mention awardees based on extensive written responses to the 2005 PACE Award application. Finalists will now host site visits by industry, academic and business leaders to select the winners, which will be announced in April during the Society of Automotive Engineers conference in Detroit. Judges will evaluate each company’s innovation as well as its management team.