Register Now to Save $200 on the Aftermarket eForum
The early bird registration deadline for the Aftermarket eForum is June 30. Register today and take $200 off the fee of $895 for members and $1095 for non-members. The Aftermarket eForum will be held August 2-4 in Chicago. The Aftermarket eForum is the aftermarket industry’s largest educational conference devoted to e-commerce and supply chain technology solutions.
Andretti Wins Lawsuit Over Name Usage
Mario Andretti won a court battle to prevent an auto parts supplier from quoting the famed race car driver to promote its products, but Andretti won’t get any money, a federal judge recently ruled. In March 2003, Andretti filed suit against California-based Borla Enterprises, a supplier of high-performance exhaust systems and catalytic converters, claiming the company wrongly used his words in an advertisement.
Fuel Filter Revenues Dropping
Revenues in the North American fuel filter market were down last year with the market posting negative growth of $129 million in 2003. And, according to the latest research from international consulting firm Frost & Sullivan, those numbers may continue to drop by $115.6 million in 2010. Longer replacement cycles and failure to replace filters regularly have resulted in lower unit shipment demand in the aftermarket. According to Frost & Sullivan Industry Manager Jasmine Sachdeva, there are two factors contributing to this problem — larger fuel filter trap capacities and cleaner fuel, she said.
Using The Internet As A Tool To Promote Your Shop
For many people the Internet has become the primary medium for finding information, addresses, products and services — including auto repair. If your business does not yet have its own Web site, you’re missing a great opportunity to tell people who you are and what you can do for them.
Pro-King Debuts on Two Guys Garage
Several transmission products from Pro-King Automotive Products will be featured on an upcoming episode of SPEED Channel’s popular show Two Guys Garage. The episode will air on June 19 and again in September. Pro-King has been in the business of providing transmission parts for both automatic and manual units for 40 years.
Visteon Mourns Loss of Board Member Robert Teeter
Visteon Chairman and CEO Peter Pestillo today extended condolences to the family of Robert Teeter, a member of the company’s board of directors who died Sunday after an illness at age 65. Visteon Chairman and CEO Peter Pestillo today extended condolences to the family of Robert Teeter, a member of the company’s board of directors who died Sunday after an illness at age 65.
Top Tire Industry Performers for 2003
Nokian Tyres, Hankook and Bandag were the tire industry’s top performers in 2003 in terms of earnings as a percentage of sales, while Goodyear, Titan International, Bridgestone Americas Holding and Alliance Tire anchored the bottom of the list.
Wade&Partners Releases New Distributor Profitability Training Manual
Wade&Partners has released its latest training manual focusing on how to create a profitable operation of distribution and the importance of customer service in the heavy-duty parts and service market. Wade&Partners specializes in management services for aftermarket parts businesses.
Herman Trend Alert: Exploratory Job Seeking
Some workers are engaging in more exploratory job seeking. We’re hearing from employers that the rate of flow of resumes and query letters and calls has increased, a sign of restlessness and hopefulness on the part of unhappy workers. Sensing the improving economy and new job opportunities that will be opening, the “A players” are testing the waters, probing for possibilities.
Hayes Lemmerz International Posts First Quarter 2004 Results
Hayes Lemmerz International reported that sales for the fiscal first quarter, which ended on April 30, rose 15 percent to $594.1 million from $515.3 million a year earlier. Earnings from operations for the first quarter rose to $26.2 million, compared with $14.4 million a year earlier, excluding fresh start accounting adjustments and reorganization items.