Omnitek Holds Third Annual Users Group Conference
MISSION VIEJO, CA — Omnitek Information Systems and 21st Century Graphic Technologies recently held their third annual user’s group conference Aug. 10-12 in Irvine, CA. The goal of the annual conference was to inform users of the changing trends in the automotive aftermarket and their impact on the companies’ newly developed systems and methods. At
Two Companies Donate More than $13,000 to Katrina Relief Effort
Representatives of two aftermarket companies, IMC and ZF Trading, have presented a donation of more than $13,000 to Katrina relief efforts, in the name of the Aftermarket Foundation. The Aftermarket Foundation uses funds like these to help industry members affected by natural disasters.
Companies Brace For General Motors Impact In Charlotte, NC, Area
General Motors Corp. cutbacks announced Monday won’t affect the roughly 160 jobs at the automaker’s service and parts operation in Charlotte, NC, a GM spokeswoman said. But they could cause ripples that reach into the region’s hundreds of automotive suppliers.
Car Suppliers Determined to Pass on Costs
Caught between a rock and a hard place, automotive suppliers say they are determined to pass on steep rises in raw material costs to their customers even as carmakers step up pressure for lower manufacturing costs.
Modine and BorgWarner To Collaborate on New Technology
Modine Manufacturing Company announced that it has entered into a collaborative relationship with BorgWarner Inc. to develop thermal management solutions for the global Truck and Off-Highway markets.
Modine Wins New Engine Cooling Business with Freightliner, Will Work with DaimlerChrysler to Develop Heavy-Duty Truck Emission Standard Solutions
Modine Manufacturing Co. has been chosen to supply engine cooling modules for The Freightliner Group in North America. Modine will also become the development partner for Mercedes-Benz Truck in Europe. The parent company of both divisions, DaimlerChrysler AG is looking for ways to meet tighter worldwide emissions standards on heavy-duty truck engines, as the U.S. Environmental Protection Agency (EPA) begins enforcing the new standards in North America in 2007 and the European EURO 6 emission regulations become effective in 2010.
Automotive Communicators Honored for Outstanding PR Achievements
The winners of the fourth annual Excellence in Automotive Public Relations Award were honored April 28 at the Spring Conference of the Automotive Public Relations Council (APRC) held in Dearborn, Mich. The only award of its kind, the Excellence in Automotive Public Relations Award identifies public relations programs that have successfully addressed an automotive-related public relations issue with exemplary professional skill, creativity and resourcefulness. The annual award honors complete public relations programs that incorporate sound planning, execution and evaluation.
Research Firm Publishes Automotive Suppliers Benchmarking Yearbook
Research and Markets, an international market research provider, recently released “Automotive Suppliers: 2004 Global Best Practices Statistical Yearbook,” a report on automotive supplier benchmarking. The report provides automotive supplier benchmarking data enabling Tier 1-2-3 and aftermarket suppliers to pinpoint how they perform against industry best practices in areas such as cost control, quality, human resource management and R&D.
Modine CEO Rings Bell Today To Begin Trading on NYSE
Modine President and CEO David Rayburn rang the bell this morning to open trading on The New York Stock Exchange (NYSE) celebrating the start of trading of Modine common stock on the NYSE. Modine common stock will be traded under the new ticker symbol “MOD.” The company transferred its common stock to the NYSE on October 14 from the NASDAQ where it had been traded under the ticker symbol “MODI.” Yesterday, Modine CEO Dave Rayburn and CFO Brad Richardson conducted a conference call from the NYSE to discuss the company’s fiscal 2005 second quarter results, which included net income more than tripling, and sales increasing 30 percent versus the comparable 2003 quarter.
AIA to Hold Awards Program at AAPEX
The Auto International Association (AIA) Segment of the Automotive Aftermarket Industry Association will hold its 16th AIA Industry Awards program at AAPEX 2004. Last year’s awards program showcased 70 entries from 24 companies in an impressive display located in the Sands Expo Center Upper Level Lobby. This high-traffic area will again be the site for this year’s display.