DENSO Earns 2004 Climate Protection Award from EPA
The U.S. Environmental Protection Agency (EPA) has awarded its 2004 Climate Protection Award DENSO Corp., Toyota Motor Corp. and Toyota Industries Corp., which together comprise the Electrical Inverter Air Conditioning Team. The team developed an electrical inverter air conditioning system that provides cooling for the new 2003 Toyota Prius during “idle” stop when the engine shuts down to save fuel and emissions. The team was one of 12 organizations and individuals to receive the award.
Mark Armstrong to Retire From Cooper Tire & Rubber
Cooper Tire & Rubber Vice President Mark Armstrong has announced his retirement after 26 years with the company. Armstrong started out as a territory manager for Cooper in the Eastern Region. He subsequently served in numerous positions in sales and marketing until his most recent promotion to executive vice president of the Tire Group, responsible for sales and marketing for global tire operations.
Auto Supplier Venture: Money Diverted Before its Bankruptcy
One of Michigan’s largest private corporations has taken the extraordinary action of suing the man who founded it, saying he, his family and side businesses owned by them siphoned more than $314 million from the corporation before it declared bankruptcy.
High Price of Steel Leaves Consumer Feeling the Squeeze
The price of steel has risen substantially over the past few months, and many suppliers to the auto industry are feeling squeezed because they are big buyers of steel, according to a new study conducted by Frost & Sullivan consulting firm.
Castrol SYNTEC Blend DIFM Sales Increase 80 Percent in 2003
Castrol Consumer North America offers operators a choice between conventional and synthetic motor oils, with Castrol SYNTEC Blend, a part synthetic motor oil, which provides added engine protection for severe driving conditions.
Dana Today Celebrates 100 Years in Business
Today, Dana Corp. celebrates 100 years in business with its founding on April 1, 1904. On that day, an engineer named Clarence Spicer began producing his encased universal joint, which effectively replaced the sprocket-and-chain power transmission of the day.
Tenneco Automotive Launches New Line of DuPont Teflon Car Care Products
Tenneco Automotive has unveiled a new line of DuPont Teflon car care products. The new line is being manufactured and marketed by Tenneco Automotive through a strategic product alliance with DuPont. According to Michael Kullman, director of DuPont corporate marketing, DuPont Teflon car care products carry one of the world’s strongest consumer brands while delivering what consumers are looking for in car care products — a clean and shine that really lasts, combined with non-stick protection for their car finishes.
DST Asks: Do You Sell from Inventory Locations that are Not Your Own or Are You Making Plans To?
The old maxim “You can’t sell from an empty shelf” has become outdated. Why? Because technology can ensure that shelves are never bare, at least from the customer’s standpoint, with the advent of the Virtual Inventory Network (VIN) — a term coined by DST to encompass B2B, B2C, and Peer-to-Peer e-commerce. A VIN, also sometimes referred to as a Virtual Sales Network, can provide leverage and cohesiveness of shared inventory across multiple trading partners both up and down and across the supply chain.
Tire Wholesalers Inc. Adds New Location
Tire Wholesalers Inc. (TWI), a Troy, Mich.-based wholesaler, has added a new warehouse in Kalamazoo, Mich., as part of the company’s long-term strategy. The new location will begin serving TWI customers on Monday April 19. Tire Wholesalers Inc. (TWI), a Troy, Mich.-based wholesaler, has added a new warehouse in Kalamazoo, Mich., as part of the company’s long-term strategy. The new location will begin serving TWI customers on Monday April 19.
Akebono Receives Vendor Excellence Award from Monro Muffler Brake
Akebono Corp. has been awarded the 2003 Vendor Excellence Award from Monro Muffler Brake, Inc. Monro recognized Akebono for the successful launch of ceramic brake pads throughout the Monro chain. Akebono began supplying ceramic brake pads to Monro in late 2002.