Sloan Family Building for Aftermarket Studies Dedicated at Northwood University
The automotive aftermarket is big business, Northwood University President Keith Pretty commented during Thursday’s dedication of the Sloan Family Building for Aftermarket Studies. “In fact, it’s very big business,” he said, adding the industry’s annual revenues are approaching $300 billion. “This is bigger than the gross national product of many nations around the globe.” And Northwood is an integral part of the equation to help keep the economic engine of the automotive aftermarket humming along, Pretty believes.
Ashland Inc. Reports First Quarter Income of 60 Cents Per Share from Continuing Operations
Ashland Inc. has announced preliminary income from continuing operations of $38 million, or 60 cents per share, for the quarter ended Dec. 31, 2007, the first quarter of its fiscal year. This compares with income from continuing operations of $53 million, or 81 cents per share, in the same prior-year quarter. Among the factors contributing to the decline were a 21-percent increase in depreciation expense and a 6 percentage-point increase in the income tax rate.
ASE Announces Officers for 2008
LEESBURG, VA — The National Institute for Automotive Service Excellence (ASE) has announced the officers for its board of directors for 2008. Joe Torchiana, a Pennsylvania shop owner, assumes the chairman position, with Rick Ciesla of Chrysler as vice-chair, John Pfennig of Navistar as treasurer and Barry Bronson of Valvoline as secretary. The 2007 chairman,
Aftermarket Auto Parts Alliance Sails Into Florida for Annual Meeting; Outstanding Vendors Honored
SAN ANTONIO — The shareholders of Aftermarket Auto Parts Alliance, Inc. (Alliance) gathered this week in Boca Raton, FL, for the group’s annual winter meeting. The meeting is a culmination of the past year’s efforts of the Alliance, which markets for Auto Value/Bumper to Bumper parts stores and certified service centers. Reports and breakout meetings
ASE Sets New Board, Officers
LEESBURG, VA — National Institute for Automotive Service Excellence (ASE) named its new board of directors and officers for 2008. Joe Torchiana, a Pennsylvania shop owner, takes over as chairman, with Rick Ciesla of Chrysler as vice chairman, John Pfennig of Freightliner as treasurer and Barry Bronson of Valvoline as secretary. Colorado shop owner Stan
Dayco Products’ Dennis Welvaert Named New AASA Chairman; New Board Members Elected
Dennis Welvaert, president, North American aftermarket division, Dayco Products LLC., Tulsa, OK, took office as chairman of the Automotive Aftermarket Suppliers Association (AASA) Board of Governors at the board’s Nov. 8 board meeting in Chicago. Welvaert is a 37-year veteran in the automotive industry. His career started with Firestone Tire and Rubber Co. where he held various technical positions in research and development before moving into the OEM Sales division.
East Penn Partners with Evernham Motorsports for 2007
LYON STATION, PA — East Penn has announced another year of partnership with Evernham Motorsports and its NASCAR Busch series program. The Deka logo appears on the B-Post (between the driver’s window and the back window) of the No. 9 Ultimate Chargers Dodge Charger, which runs a full time Busch series schedule. Drivers Kasey Kahne,
Building for the Future: Northwood University Breaks Ground for Aftermarket Studies Building
In Midland, MI, yesterday, the future of the aftermarket was represented with a shovel full of earth. On Northwood University’s Michigan campus, aftermarket industry VIPs, university alumni, students and faculty gathered to observe the official groundbreaking for the construction of The Sloan Family Building for Aftermarket Studies.
Northwood University Announces Groundbreaking for Sloan Family Building for Aftermarket Studies
Northwood University President Keith Pretty, J.D. has extended to the community an open invitation to the ground-breaking ceremony for The Sloan Family Building for Aftermarket Studies. The groundbreaking ceremony for this 25,500-square-foot, state-of-the-art education center will take place at 11 a.m. on March 21, at the building site near the back parking lot behind the NADA Center. A reception and lunch will follow at 12 noon in the NADA Education Center. The Northwood University Michigan campus is located at 4000 Whiting Drive in Midland, MI.
Aftermarket Auto Parts Alliance Holds Annual Winter Meeting in Sunny Florida
The shareholders of Aftermarket Auto Parts Alliance, Inc. gathered in Boca Raton, FL, for the group’s annual winter meeting held Dec. 2-6. Each shareholder of the Alliance was represented. The meeting is a culmination of the past year’s efforts of Auto Value/Bumper to Bumper parts stores and certified service centers. Reports and breakout meetings focusing on marketing, product and education were reviewed. New vendors were reviewed and approved and the 2007 marketing strategy was presented.