The Week in Review (June 8-12, 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.
The Week in Review (June 1-5, 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.
Big Week for Two of the ‘Big Three’
General Motors nears bankruptcy; ruling on Chrysler/Fiat merger expected soon.
Notes from Pronto’s Spring Meeting
The spring meeting was primarily focused and structured as one-on-one sessions between shareholders and suppliers.
Executive Interview with Ieon Chen, CEO of Equus Products Inc.
In this exclusive interview, Chen talks about the future of telematics, the economy and its influence on the DIY market as well as the company’s anticipated milestone of selling 500,000 INNOVA scan tools by the end of this month.
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.
Johnson Controls Moves Up in the FORTUNE 500
This marks Johnson Controls’ 32nd consecutive FORTUNE 500 appearance since 1978.
Consumer Confidence Up Slightly
March brought the fresh hope of springtime, and a slight bump in consumer confidence.
ITW Prices $1.5 Billion Note Offering
ITW expects to close the offering on March 26.
GM to Buy Delphi Steering Business
The move, expected to be officially announced this week, has been described as a stabilizing strategy for both GM and Delphi, which has been under bankruptcy protection since 2005.