David Dobson Joins Alcoa as President of Its Engineered Products Business
David Dobson has been named president of Alcoa Engineered Products, the Alcoa business which supplies extruded aluminum products to customers worldwide in a variety of industries, including automotive and commercial transportation.
ArvinMeritor President and COO Terry O’Rourke Resigns
ArvinMeritor announced late yesterday that Terry O’Rourke is resigning from his position as president and COO, to pursue opportunities outside of the company. O’Rourke is resigning from the board of directors as well. The COO position will be eliminated. O’Rourke joined ArvinMeritor as president of the company’s Light Vehicle Systems (LVS) business group in March 1999, after serving as group vice president and president of Lear Corp.’s Ford Division.
Siemens VDO Automotive Expands Detroit-Area Testing Facility
Siemens VDO Automotive is investing $2 million to transform its former machining and tooling shop in Auburn Hills, Mich., into a 5,000-square-foot fuel validation test center for its Powertrain Fuel Supply Systems (FS) division. The project is expected to be complete in May 2004. The new fuel validation laboratory will bring product testing and validation closer to local development engineers and Detroit-based customers, said the company.
UAW Organizes at Dana to Shore Up Membership
The UAW has organized about 2,000 workers at five Dana Corp. plants from Michigan to Tennessee as the union seeks to rebuild its active ranks and regain power in the auto industry. Along the way, the union faces opposition not only from workers who don’t want a union but also from those who want a tougher union that would fight and win better wages, benefits and working conditions. To them, the UAW has become too conciliatory as it strives to gain members.
Delphi Increases Product Coverage in North America, Launches Three New Catalogs
Delphi is introducing three new 2004 product catalogs for engine management and HVAC systems, including Delphi Freedom batteries, EGR valves and thermal components. The new catalogs cover 950 part numbers, 300 of which are all new for 2004, providing expanded coverage in North America.
Axles, Wheels on Crown Vics Investigated
Ford Motor Co.’s Crown Victoria sedans, the subject of lawsuits over fatal fires and a recall of some 2003 models for potential wheel cracks, face a U.S. inquiry after police departments said axles broke or wheels fell off. The investigation covers 287,819 police and civilian 2003 models of the Crown Victoria and the similar Mercury Grand Marquis and Lincoln Town Car, the National Highway Traffic Safety Administration (NHTSA) said on its Web site. Two police fleets reported that axles broke or wheels fell off on a total of four cars, without accidents or injuries, the agency said.
Noble International Raises Annual Dividend
The board of directors for automotive parts supplier Noble International has approved an increase in its annual dividend to $0.40 per share of common stock. The higher payout represents an increase of 25 percent from the current annual dividend of $0.32 per common share. The new quarterly payout of $0.10 per common share will be paid on the next quarterly dividend.
Goodyear to Seek Millions in Loans
Goodyear Tire & Rubber Co., on the verge of posting its third straight annual loss, said Tuesday it plans to take on an additional $300 million in loans to fund its turnaround. The Akron, Ohio, company said it is also taking steps to follow through on a promise made last year to the United Steelworkers of America to complete a large bond sale. The sale is designed to improve the company’s strength and protect union jobs.
Family Affairs at Two North American Supplier Giants Could Spell Trouble
The family ownership rampant among mid-sized German suppliers is sometimes seen as a liability compared to North America’s bottom line-obsessed car parts makers. But last week, two of North America’s biggest suppliers — Lear and Magna — looked more like fickle family enterprises than the publicly traded automotive giants they are.
NASTF Updates OE Service Information Matrix
The National Automotive Service Task Force (NASTF) has updated its OE Service Information Matrix. NASTF established the OE Service Information Matrix in 2001 with the assistance of the International Automotive Technicians’ Network (iATN). The matrix provides OE company contacts for obtaining service information, training materials and tools. The update incorporates revisions since the October 2003 update. The matrix is updated quarterly, with the next update scheduled for April 2004.