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Raybestos Brand Introduces New Drag Reduction Clips

Drag reduction clips are available now to boost braking performance and shop profitability.

Progressive Automotive Systems Expands e-Commerce Offerings by Integrating its R.O. Writer Software with DST TurboParts

According to Rick Stermole, director of R.O. Writer, one of the advantages of using R.O. Writer with the DST TurboParts e-Commerce engine is how easy it will be for customers to update their Smart eCat catalog configuration to help them get fast, accurate results.

Monro Eyes Buys, and Midas is on the Shopping List

The Rochester, N.Y., service chain told investors it was evaluating acquisition targets, including Midas, and hopes to close on at least one deal this quarter.

Hayes Lemmerz Acquired by Iochpe-Maxion

The transaction combines the wheel businesses of Iochpe-Maxion and Hayes Lemmerz to create Maxion Wheels, a global wheels business with manufacturing locations in 12 countries and a presence in every major automotive region.

Meritor Reports First Quarter Fiscal Year 2012 Results

Revenue increases $200 million compared to prior year.

Tenneco Reports Record Fourth Quarter, Full Year 2011 Financial Results

Company reports highest-ever quarterly and annual revenues of $1.8 billion for the fourth quarter and $7.2 billion for the full year 2011.

Voting Now Open for 2012 ASA Board Elections

All regular members in good standing with ASA are eligible to vote for one position of general director; mechanical members may vote for the ASA mechanical division director; and collision members may vote for the ASA collision division director.

Automotive Lift Institute Partners with Petty’s Garage

As part of the agreement, ALI will be an active participant in the Petty’s Garage Performance Tour. Although thousands of fans and customers visit Petty’s Garage every year, this tour will bring Petty’s Garage to the nationwide consumer.

EFI Gets NUCAP Technology License

The deal will allow EFI to “internally process” NUCAP’s NRS technology for automotive, motorcycle, truck, bus, industrial and railway brake friction products.

3M Posts Fourth Quarter Sales of $7.1 Billion; Full Year Sales Rise 11 Percent to $29.6 Billion

Earnings were $1.35 per share, an increase of 5.5 percent versus the fourth quarter of 2010.