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MEMA/OESA Engage Ducker Worldwide for Advisory Services

To assist in development of proposals for alternative government backed credit facilities, OESA has engaged Ducker Worldwide as an advisor to the team.

Tenneco Reports Fourth Quarter and Full Year 2008 Results

Fourth quarter revenue was $1.208 billion, down from $1.565 billion in fourth quarter 2007.

Autobacs Strauss Files for Chapter 11 Protection

The company, which operates retail store locations in New York, New Jersey and Pennsylvania, listed assets of about $75 million and liabilities of about $72 million, according to court filings.

MEMA, OESA Working to Identify Credit Solutions for Parts Supplier Industry

MEMA responds to news reports regarding a leaked draft of a document presented to the U.S. Treasury Dept.

Herman Trend Alert: The Growth in Green Jobs

We expect to see this green jobs sector growing exponentially, as President Obama launches his initiatives and people want to save our planet.

ArvinMeritor Reports First-Quarter Fiscal Year 2009 Results

Sales from continuing operations of $1.4 billion, down $293 million, or 18 percent, from the same period last year.

Cummins Reports Fifth Consecutive Year of Record Sales and Earnings, Despite Drop in Fourth Quarter

Company said it expects to earn solid profit in 2009 despite forecasted 20 percent drop in sales.

Hayes Lemmerz Amends Credit Agreement

The company has also agreed to pay fees to the lenders in connection with the amendment.

PACCAR Reports 70 Consecutive Years of Net Profit

Global recession impacting commercial vehicle markets, says CEO.