Michael Cardone III Promoted to President of CARDONE Industries
Michael Cardone III (pictured) is the third generation of the Cardone family to serve as president of the company. His new appointment became effective on Jan. 3. Michael Cardone Jr. continues to serve as chairman and CEO of CARDONE Industries. Dave Wohleen joins executive leadership team as chief operating officer.
Dorman Products Mourns the Passing of Its Chairman and CEO Richard Berman
Steven Berman named to succeed his brother as chairman and CEO.
Universal Technical Institute and Honda Announce Partnership
Upon completion of the program, a student will have completed a minimum of 63 weeks of training and will be eligible for entry-level employment with participating Honda and Acura dealers.
GM Withdraws Federal Loan Application
News of GM’s loan withdrawal comes on the heels of media reports that the government has been slow to follow through on its promise of providing loans through the Advanced Technology Vehicles Manufacturing Loan Program.
Magna Expands Presence in Mexico with New Cosma Stamping Plant
With the support of federal, state and municipal authorities from Mexico, the company plans to invest more than $100 million to build the new facility. The launch of the plant is scheduled for June 2012.
Neapco Announces New Executive Team
New executive assignments have been made to support the company’s rapid growth.
Affinia Opens New Warehouse and Distribution Center in Brazil
The facility is scheduled to begin operations this month.
SPX Helps Raise $175,000 for St. Jude Children’s Research Hospital
The proceeds were raised from the winning bid for SPX’s donated Ford Mustang FR500S race car auctioned off on Jan. 21 at the 40th Annual Barrett-Jackson Collector Car Auction in Scottsdale, Ariz.
Tenneco Supplying Suspension Products for the Toyota Etios
Tenneco is manufacturing the Etios product at its ride control plant in Hosur, India, for delivery to Toyota’s Kirloskar Motors plant in Bangalore, India.
Federal-Mogul Expands MOOG Coverage with 81 New Parts, Covering Millions of Late-Model Applications
With dozens of premium new parts added each month, the MOOG line is the aftermarket’s most complete chassis repair resource, according to Federal-Mogul.