New Import Parts Specialist Certification Tests Available
Aftermarket firms can begin the new year with a competitive edge by encouraging employees and customers to take the newly updated Auto International Association (AIA) Import Parts Specialist and Master Import Parts Specialist certification tests. Better-trained counter personnel and service technicians are vital to ensuring quality repairs and satisfying import nameplate customers. These tests address the pressing need for professionals with knowledge and training to help drive improved sales and provide the best customer service to import nameplate owners.
Congress Could Consider Tire-Aging Legislation
The National Highway Traffic Safety Administration (NHTSA) is currently studying the issue of whether aging has a detrimental effect on tires (since some rubber compounds may deteriorate over years, regardless of use). Sen. Mike DeWine (R-Ohio) wants to introduce legislation that will require NHTSA to study the issue and prepare a report to Congress within three years.
MEMA Joins Aftermarket eForum as Sponsor
MEMA has joined as a sponsor of the 2004 Aftermarket eForum scheduled for Monday, Aug. 2, through Wednesday, Aug. 4, in Chicago, Ill. Other sponsors of this industry-wide event include the Automotive Aftermarket Industry Association (AAIA), the Specialty Equipment Market Association (SEMA), the Automotive Warehouse Distributors Association and the Automotive Industries Association of Canada (AIA), R.L. Polk & Co., Comergent, Evant, Gcommerce, Prescient Technology, DST and WorldPac.
Timken Board Nominates NAM President Jerry Jasinowski; Announces Two Retirements
Jerry Jasinowski, president of the National Association of Manufacturers (NAM), has been nominated for membership on the Timken board of directors. He will stand for election at the annual shareholders’ meeting on April 20. Additionally, two current board members have announced their retirements.
MACS Presents Mobile A/C Pioneer Award
Six veteran professionals were honored with the Mobile A/C Industry Pioneer Award during the MACS 24th annual convention and trade show, held last month.
BorgWarner Profits Up
BorgWarner Inc., the largest maker of automatic-transmission parts for vehicles, said fourth-quarter profit rose to $50 million. BorgWarner Inc., the largest maker of automatic-transmission parts for vehicles, said fourth-quarter profit rose to $50 million.
Cooper Tire & Rubber Reports Increased Earnings, All-Time Record Sales
Cooper Tire & Rubber has reported all-time record high sales of $967 million, as well as a 20 percent increase in net income for the quarter which ended Dec. 31, 2003. The record sales represent a 15 percent increase compared to the same period a year earlier, said the company. Net income increased by 20 percent to $28 million, compared to $23 million in the fourth quarter of 2002.
Neil Peters, Former TBEA Division President, Dies
Neil Peters Jr, former president of the Michigan-Ohio Regional Division of the Truck Body and Equipment Association (TBEA) from 1972-1973, died Jan 2, at home.
MACS Installs 2004 Board and Officers
New officers and board members were sworn in during the MACS annual membership meeting Jan. 24. Serving as officers in 2004 are: Chairman — Michael Deese, Santech Industries, Ft. Worth, Texas; Vice Chairman — Gus Swensen, Cool Car Auto Air, Columbus, Ga.; Treasurer — Andy Fiffick, Rad-Air Complete Car Care in Garfield Heights, Ohio; and Secretary — Kevin Burton, Four Seasons, Lewisville, Texas.
Edelbrock Reports Improved Sales and Earnings for Second Quarter of 2004
Edelbrock Corp. has reported sales and earnings for the second quarter and first six months of 2004, which ended Dec. 25, 2003. For the quarter, revenues increased to $31,741,000 from $31,015,000 in the same period of fiscal 2003. Net income for the second quarter improved to $1,287,000, or 24 cents per basic share (23 cents per diluted share), from net income of $1,197,000, or 22 cents per basic and diluted share, for the second quarter of fiscal 2003.