France’s Valeo Sees Opportunities in U.S. Auto Parts Market as Incumbents Falter
Valeo’s chief executive Thierry Morin said that the financial problems of American firms such as Visteon Corp. and Delphi Corp. have created new opportunities for the France-based automotive supplier. Morin said that business is moving away from Visteon and Delphi as manufacturers look for more stable partners.
U.S. Auto Parts Manufacturers and Metalformers Join Forces to Stop Corrosion Resistant Steel Duties
The Motor and Equipment Manufacturers Association (MEMA) and the Precision Metalforming Association (PMA), have jointly called on the U.S. International Trade Commission (ITC) to revoke antidumping and countervailing duties on corrosion resistant steel imports from six countries. The groups warned that continuation of the duties will cause financial harm to U.S. manufacturers and force some MEMA and PMA member companies to move offshore or close their operations entirely.
U.S. Auto Parts Taps Financial Industry Veteran Barry Emerson as CFO
U.S. Auto Parts, an Internet-direct marketer of automotive aftermarket collision replacement parts and accessories, announced the hiring of Barry Emerson as its new vice president, treasurer and chief financial officer.
Advance Auto Parts Accelerates Expansion into Western U.S.
Vehicle owners in Los Angeles and other parts of the West will gain access to everything Advance stores offer.
China Announces Retaliatory Tariffs On U.S. Autos And Auto Parts
On Friday, Aug. 23, China announced it will impose retaliatory tariffs on $75 billion of U.S. goods, including American automobiles and auto parts.
Online Purchasing For Automotive Hard Parts Is Thriving In The U.S., According To NPD Checkout
Brake parts buyers spend significantly more, and make three-times as many online auto purchases, says NPD.
ProMax Auto Parts Depot Expands U.S. Distribution Center
ProMax is relocating from its existing U.S. facility into a larger, 100,000-square-foot facility located in Lock Haven, Pa.
Specialty Auto Parts U.S.A. Appoints New Sales Manager
Diana Gill brings more than 13 years of experience with Specialty Auto Parts to her new role, providing not only a strong knowledge of the day-to-day operations within the company but also of what customers want.
Japanese Auto Industry In U.S. Grows In Exports, Production and Parts Purchases
Newly released 2012 data points to an across-the-board recovery from the U.S. recession and Japanese earthquake/tsunami.
U.S. Considers Auto Parts Action Against China
The United States is considering action against auto parts imports from China and closely examining other concerns about automobile trade with the world’s second largest economy, a top U.S. trade official said on June 15.