IAC Opens New Europe Headquarters In Dusseldorf, Germany
When IAC was established in 2006, the company had 11 facilities in seven countries in Europe. Today, IAC has 26 plants and five technical centers established throughout Europe, servicing passenger car and commercial vehicle manufacturers.
Engine Rebuilders Group Announces Winners Of 2014 Richard Miller Education Award
This award provides financial assistance and encouragement to individuals who wish to further their education or training, and has been presented to applicants from ERI member companies for the past 14 years.
IAC Acquires Stankiewicz U.S. Flooring Operations
Purchase reinforces interior supplier’s market segment leadership, according to the company.
Rotary and Chief Automotive Now Part of Newly Formed Vehicle Service Group
By blending Chief’s product portfolio, service philosophy and training capabilities with Rotary’s existing family of lift brands, the newly formed VSG will be a stronger, more dynamic and diverse leader in the vehicle service industry.
IAC Receives 2008 Corporate ONE Award for Its Supplier Diversity Program
DEARBORN, Mich. — International Automotive Components Group (IAC) announced has received a 2008 Corporate ONE Award from the Michigan Minority Business Development Council (MMBDC) for its supplier diversity program that initiates business opportunities with minority business owners. Criteria for the Corporate ONE award includes having an established minority/diversity supplier development program, reporting minority purchases on
IAC Expands Its Global Footprint with Mahindra & Mahindra Contracts in India
MUMBAI, India — International Automotive Components Group (IAC) has been awarded two new contracts to supply instrument panels to a future Mahindra & Mahindra (M&M) utility vehicle and a Mahindra International Ltd. (MIL) medium/heavy-duty truck program. Established in early 2006, IAC today comprises the interior operations and expertise of the former Lear Interior Systems Division
International Automotive Components Group North America to Acquire Collins & Aikman’s Hermosillo Facility
International Automotive Components Group North America (IAC NA), LLC has executed a definitive agreement with the Mexican subsidiary of Collins & Aikman Corp. (C&A) to acquire C&A’s facility in Hermosillo, Mexico. IAC NA is a joint venture between WL Ross & Co. LLC, Franklin Mutual Advisers, LLC and Lear Corp.
International Automotive Components Group North America to Acquire Lear’s North American Interior Systems Division
International Automotive Components (IAC) Group North America has announced it will acquire Lear Corp.’s North American Interior Systems Division. IAC NA is a joint venture between WL Ross & Co. LLC, Franklin Mutual Advisers, LLC and Lear. Upon closing, Lear will transfer all of the assets of its North American interiors business and $25 million of cash to IAC NA. WL Ross and Mutual Series will collectively contribute $75 million of cash and extend a $50 million term loan to IAC NA. Lear will hold 25 percent of the stock in IAC NA and warrants for an additional 7 percent equity interest.
Executive Interview with Tom Aliotti, VP and GM of Activant Solutions Automotive Group
This week we talk with Thomas Aliotti, vice president and general manager of Activant Solutions automotive group. A strategic operations and sales executive with more than 20 years of experience with leading technology companies, Aliotti joined Activant in 2005. He oversees the company’s development and introduction of next-generation electronic catalog, business management and supply chain analytics solutions for distributors, jobbers, retailers, and service providers. aftermarketNews recently sat down with Aliotti for a discussion about the challenges and opportunities related to aftermarket distribution technologies.
ACDelco Awards New Pontiac GTOs to Winners of 2005 Sales Promotion
Three ACDelco salespeople are now the proud owners of a 2006 Pontiac GTOs. The new GTO owners earned these Grand Prizes for sales of ACDelco automotive aftermarket parts in ACDelco’s 2005 “Get The Order” – or “GTO” – promotion.