The Week in Review (Feb. 26. – March 2, 2007)
By Amy Antenora Editor The Week in Review offers a snapshot of the most read stories of the week as seen on aftermarketNews. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, click on any of the dates listed at the bottom of
The Week in Review (Feb. 19-23, 2007)
By Amy Antenora Editor The Week in Review offers a snapshot of the most read stories of the week as seen on aftermarketNews. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, click on any of the dates listed at the bottom of
Executive Interview with Keith Wilson, Vice President and General Manager, Affinia Under Hood Group
Our latest Executive Interview features Keith Wilson, former Dana employee and current vice president and general manager for Affinia’s Under Hood Group. Read on as he brings us up to speed on the transition from Dana AAG to the newly created Affinia. Wilson also talks about the recent sale of Beck/Arnley and the future for the aftermarket industry.
The Year in Review – A Look at the Top 10 News Stories of 2004
Whether you believe 2004 was a good or bad year for the aftermarket, no one can argue this was a big news year for our industry. The year included noteworthy shifts in leadership, mergers, acquisitions and more, most of which will significantly impact the industry for many years to come. Here’s a month-by-month look at what aftermarketNews.com considers to be biggest news events that happened in our industry in 2004.
AFFINIA Exec Discusses State of Acquisition
One of the biggest news stories of the year was the sale of the Dana Automotive Aftermarket Group (AAG) to New York-based buyout firm Cypress Group, which agreed to purchase the AAG unit for approximately $1 billion. That deal was announced in early July of this year, and two months later, on Sept. 8, it was announced that Dana AAG would have a new name under its new owners – AFFINIA. aftermarketNews.com sat down with AFFINIA’s John Washbish in Las Vegas just prior to the start of the AAPEX show to update show attendees on the state of the transition. Washbish is AFFINIA president of Customer Relationship Management (CRM), a position he has held since 2003. Recently, his duties were expanded to include serving as vice president and general manager of the AFFINIA Undercar Group, which includes the Raybestos, Spicer, Aimco and McQuay-Norris brands.
Dana Third Quarter Profit Falls
Dana Corp., the biggest maker of axles for light trucks, said third-quarter net income fell 34 percent as U.S. carmakers trimmed production and raw material costs rose. Net income dropped to $40 million, or 27 cents a share, from $61 million, or 41 cents, the Toledo company said Wednesday. Sales rose 12.2 percent to $2.11 billion from $1.88 billion. Higher steel costs alone reduced net income by $22 million, Chief Executive Michael Burns said in a statement.
Executive Interview with John Washbish, President – Customer Relationship Management, Dana Automotive Aftermarket Group (AAG)
Every other week, aftermarketNews.com offers an interview with a high-profile individual in the automotive aftermarket. We give executives free rein to express their views on anything from the state of their corporations to recent legislative news to future trends in their niche markets. Here you see what matters to the newsmakers themselves.