The Top 10 News Stories of 2006
For the third year in a row, the editorial staffs of aftermarketNews and Counterman magazine take a look at the events that have had the most impact on the automotive aftermarket in the past year.
United Components Completes Sale of Its Flexible Lamps Unit
United Components, Inc. (UCI) has completed the sale of its Flexible Lamps business unit. The sale price for the transaction was approximately $39 million, subject to post-closing adjustments. The sale of Flexible Lamps, a U.K. manufacturer of lighting systems for commercial vehicles, follows UCI’s divestitures earlier this year of the company’s Neapco and Pioneer business units. These divestitures further UCI’s "Centers of Excellence" strategy, allowing the company now to devote full focus and attention to its core automotive aftermarket businesses: Airtex Products (fuel systems), ASC Industries (cooling systems), Champion Laboratories (filtration) and Wells Manufacturing (engine management).
Brake Manufacturers Council, Transportation Safety Equipment Institute Announce New Officers
Two product line segments of the Motor & Equipment Manufacturers Association – the Brake Manufacturers Council (BMC) and the Transportation Safety Equipment Institute (TSEI) have elected new officers.
NHTSA to Discuss Federal Standards, Non-Compliant Products at AAPEX
Representatives of the National Highway Transportation Safety Administration (NHTSA) will discuss non-compliant automotive products and the Federal Motor Vehicle Safety Standards (FMVSS) in a free seminar scheduled for Wednesday, Nov. 3, during the Automotive Aftermarket Products Expo (AAPEX) in Las Vegas.