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Penray Now on Facebook

Penray has added social networking as a way to interact with customers and provide a venue for “fans” to interact with each other.

The Week in Review (April 27-May 1, 2009)

The Week in Review offers a snapshot of the most highly 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, just click on the link that says “News Archives” at the bottom of the page to begin catching up on the latest industry news.

Tenneco Posts First-Quarter Loss

Tenneco announced a first-quarter loss Thursday as vehicle production plunged amid a deep recession, Reuters reported.

Exxon Mobil First-Quarter Profit Falls 58 percent

Exxon Mobil says its first-quarter profit fell 58 percent as the world’s biggest publicly traded oil company, like smaller rivals, encountered far lower year-over-year oil and gas prices.

Goodyear Reports First Quarter Financial Results

Company says it makes “significant progress” on actions to address market, economic challenges.

PACCAR Announces First Quarter Revenues and Earnings

First quarter net sales and financial services revenues were $1.99 billion compared to $3.94 billion reported for the first quarter of 2008.

Timken Reports First-Quarter Results, Updates Full-Year Outlook and Announces Dividend

Despite the lower earnings outlook, the company expects to generate strong cash from operations in 2009, driven by lower working capital.

Executive Interview with Bill Skok, President of Elgin Industries

In this exclusive interview, Skok talks about a major milestone for the family owned business — its 90th anniversary. He also addresses the lessons his family learned while keeping the business alive during the Great Depression and how Elgin maintains its family oriented principles today.

Ford Reports First Quarter 2009 Net Loss of $1.4 Billion

In the first quarter, Ford took a number of actions to strengthen its overall business, and also started discussions with interested parties regarding the sale of Volvo.