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Uni-Select Completes the Sale of its Heavy Duty Group Assets

These transactions, initially announced on July 16, are expected to generate $22 million (CDN) in net cash.

ArvinMeritor Reports Third Quarter Fiscal Year 2009 Results

Company announces sale of Wheels business unit.

New Equipment Distributor Launched

Workshop Depot offers a wide range of service equipment, including lifts, wheel service equipment, jacks, tool storage, parts washers and more, said Dave Shedlock, president.

Uni-Select to Sell Assets of its Heavy Duty Group

Part of the division, which provides replacement parts, tools and accessories for heavy-duty vehicles, is being sold to UAP Inc., a Canadian subsidiary of Genuine Parts Co.

Bearing Technologies Adds to its Pressureguard Sales and Marketing Team

Tire inflation system pioneer joined by sales, marketing veterans.

Indianapolis Motor Speedway, Hulman & Co. Announce Management Changes

Tony George to be replaced by two veteran IMS execs.

Alcoa Names Kevin Kramer to New Position as President, Growth Initiatives

Kramer joined Alcoa in 2004 as president of Alcoa’s cast auto wheels business, following a successful 21-year career with Goodyear Tire & Rubber Co.

ArvinMeritor Sells Off Stakes in Two Light Vehicle Systems Chassis Joint Ventures

In a January update, ArvinMeritor said it would also explore strategic alternatives for a “timely and orderly exit” from the chassis systems business.

NASCAR and iRacing to Partner in Online Racing Series

NASCAR-sanctioned series to begin at iRacing.com in 2010.

Superior Industries Reports 2009 First Quarter Results

Company generates positive cash flow despite net loss.