LKQ Corp. Announces Record Revenue and Earnings for First Quarter 2009
Diluted earnings per share was 23 cents for the first quarter of 2009, as compared to 22 cents for the same period of last year.
BorgWarner Posts First Quarter Results; Reports Benefits from Restructuring Actions
For first quarter 2009, sales were $819.5 million, down 45 percent compared with $1,498.9 million in first quarter 2008.
General Automotive to Acquire Europacific Parts International in All Stock Transaction
Company said the acquisition positions the company to capitalize on downturn in automotive industry and is a cornerstone transaction in an aggressive acquisition strategy.
Bruce Black Named VP of Sales at New Life Transport Parts Center
Black comes to New Life after 35 years with Trailmobile, the last 10 years of which he served as president and chief operating officer.
14th Annual Global Automotive Aftermarket Symposium Kicks Off in Chicago
The event will explore, from a variety of angles, the current economic climate and its effect on the aftermarket.
Mark IV Files Voluntary Chapter 11 Petitions to Restructure Its Debt
Company reaches agreement in principle with lenders on plan of reorganization.
Chrysler and Fiat Group Announce Global Strategic Alliance
Nardelli to leave Chrysler following emergence from bankruptcy.
AASA Supports New Vehicle Incentives, But Opposes Indiscriminate Scrappage Programs
AASA’s “Special Report” analyzes the serious unintended consequences of proposed vehicle scrappage legislation.
Reaction to Chrysler Restructuring
Ford, GM and NADA react to Chrysler’s restructuring. The governments of Canada and the U.S. do, too.
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.